The-Hong-Kong-Weekly-Press-1895-12-25 — Page 1

Hongkong Weekly Press AND China Overland Trade Report All

Page

THE

Hongkong Weekly Press

VOL. XLILJ

AND

China Overland Trade Report.

CONTENTS.

Epitome of the Week, &c..........

Leading Articles :-

HONGKONG, WEDNESDAY, 25TH DECEMBER, 1895.

181

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482 483

The United States and the Venezuelan Question.482 The Press, Commerce, and War Russian P

epara

ions in the Far East..

The new church at Chefoo, dedicated to St. Andrew, was consecrated on the 8th instant.

A Chinese public meeting was held at Hong- kong on the 22nd inst. to protest against the light and pass regulations.

Applications to the extent of upwards of Tls. The (hinese ad the Light and Pass Regulatí 18.1-8 150,000 have been received for the Shanghai Supreme Court.....

Waterworks Company's issue of 5 per cent. Debentures, applicants at par receiving 64 per

The Light and Pass Ordinance.

cent.

The report of the Dairy Farm Co., Limited shows a profit for the year of $18,322, out of which it is proposed to pay a dividend of 10 per cent., absorbing $10,000, fees to directors 487 $1,000, and to use the remainder for writing .488 · off.

-487

488

.481

.438

The Governor and the Tung Wah Hospital

486

Serious Fire in Queen's Road

486

Determined Suicide of a Prisoner in Wellington

Streit.....

480

Hongkong Benevolent Society

Hongkong Sanita y Board

480 .487

The New Balmoral Gold Mining C...., Limited..

The Dairy Farm Co., Limited

Raub

The Ni, pon Yusen Kaisha

Football

Cricket

Official Correspondence on the Thales Affair

A Serious Report..

The Recent Åttack on the Palace at Seoul and the

Missionarios

490

The Mahomme 'an Rebellion

490

Skirmishes in For usa

490

Japanese Me cuants and Direct 1 oreign Tra-ic

.400

Korcan Independence...

Hongkong and Port News

Com nercial

Shipping

MARRIAGES.

450

488 ..489

490

JA) 491 .494

The Sasebo docks were opene on the 5th inst. They are 135 metres long and 30 metres wide. The cost of construction link been 6339,315

The docks can be filled with water in one, hour and a half and emptied in five hours and a half.

yen.

The Japanese Government has apologised for the stopping and searching of the British steamer Thales by the Japanese mau-of-war

the 498 Yayeyama on

21st October between Formosa and Amoy and offers reparation for whatever damages the Thales suffered.

At the Union Church, Hongkong, ou the 17th December, by the Rev. G. J. Williams, Capt. Joux E. FARRELL of the steamer Macher, second son of Capt. E Farrell, Guernsey, to AGNES JANE PARKINGTON, videst daughter of Thomas Wilding Parkington, Fs 1., Bury St. Edmunds, Suffolk. [2666

On the 16th of December, 1895, at the Cathedral, Shanghai, by the Rev. H. C. Hodges, M.A., ALEXANDER SEIVEWRIGHT WILSON, to EMILY

CHARLOTTE Roberts.

At Shanghai, on the 18th of December, 1895, first at the Imperial German Consulate-General and after- wards at the Union Church, by Pastor Hackmann, CARL RUDOLPH HEINSES, to OPTILIE EMMA WILHELMINE HAGEN.

DEATH.

On the 19th inst., at Dedham, Essex, RowLand

TOWNSHEND COBBOLD, Esq., M.R.CS., in his 75th

year.

ARRIVALS OF MAILS.

[2665

The German mail of the 18th November arrived, per N. D. L. steamer Sachsen, on the 20th December (32 days).

EPITOME OF THE WEEK.

Mr. John Worrell Carrington, Attorney. General of British Guiana, has been appointed Chief Justice of Hongkong in succession to Sir Fielding Clarke, who is leaving to take up the Chief Justiceship of Jamaica.

Telegrams received during the past week indicate a panic on the New York market in consequence of the prospect of war with England over the Venezuelan dispute, and the losses are said to amount to $1,000,000,000. The local banks are at present not quoting any rate on New York.

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The property and business of Birt's Wharf Liddell Brothers & Co., the present General Co., Shanghai, are being taken ofer by Messrs., Managers, at a price of Tls: 115,00, a resolu- tion sanctioning the arrangement having been passed by an extraordinary general meeting of the Company held on the 17th inst.

It is understood that the. Mexican dollar will shortly be demonetised in the Philippines on the same lines as in Puerto Rico where, under decrees recently issued, these coins are to be withdrawn and Spanish dollars issued in their place, after which the Mexicans will be accepted only at the rate of fifty-five cents

to the dollar.

According to the proclamations by the local authorities of the towns lying between Shang hai and Soochow, the proposed Kiangsu railway sanctioned by the Throne on the recommenda- tion of the Viceroy Chang will commence at Woosung, extend to Soochow, thence to Chiu kiang, and terminate at Nanking. The head

office will be at Scochow.

Mr. H. Shoda, Mr. Ogawa, Captain Me- Millan, and other gentleinen connected with the Nippon Yusen Kaisha, were to embark on the China on the 7th inst. at Yokohama for San Francisco on their way to Europe in connection with investigations as to the extension of the Company's service of steamers and the proposed additions to the Company's fleet

The annual report of the Punjom Mining Co., Limited, has been issued It shows a balance remaining at credit of working account of $12,929. The total crushing of ore and head- ings amounts to 12,541 tous as against 10,519 tons last year, but owing to the poorer quality of the ore, the total yield of gold is less, viz., 4,682 oz. against 5.554 oz. in 1894. The quality of the ore extracted has, however, much im- proved lately and a corresponding increase in the outturn of gold is expected in future.

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No. 26.

On the 12th inst, a fire occurred in Saionji. mashi, in the Shiba district of Tokyo, in which five hundred houses were burnt.

A syndicate of Hangchow gentry intend to erect a cotton spinning mill at Shanghai, we learn from the N. C. Daily News. The new company is to be started in part by a loan of about Tls. 50,000 from the Chekiang Provincial Exchequer. The land necessary for the new venture has already been purchased in the vicinity of the Soochow Creek near Jessfield.

A telegram has been received at Shanghai from Chêngta, aunouncing the safe arrival at that city on the 15th instant of the U.S. Com- mission and that it bids fair to be a great success. The N. C. Daily News says the Commissioners were received by the highest officials with the greatest honour. The Mercury on the other hand says no preparations had been made for the re- ception of the Commission nor had a kungkwan been provided for its accommodation.

From the Extremo Oriente we learn that the

Director of Public Works at Macao has ordered

the removal of the bust of Camoens from the celebrated grotto, because some Chinese re- cently attempted to steal it and also because the hust does not belong to the department of Public Works. In so far as the order is dictated by a desire to save the historic bust from harm our contemporary approves the motive of Senor Abreus Nunes, but goes on to argue that the grotto is the proper place for the bust and that instead of removing it measures ought to be taken for properly guarding it.

The Manila Chamber of Commerce, on the invitation of the Philippines Government, has submitted a report on the proposal to subsidise a line of steamers between the Philippines and Japan, calling at Hongkong and Shanghai. The report is favourable to the proposal, but recommends that in return for the advantages of the subvention the line should be required - to carry cargo and passengers at a reduction of ten per cent. on the usual rates; also that such of the vessels already engaged in the trade as are registered at Manila should for the present be admitted to the service being replaced by superior vessels within a period of five years. In the course of the report the following passage tively commercial relations with Japan the occurs-In order to promote speedily and effec- Chamber recognises the necessity of increasing in the Philippine Archipelago the production of cotton, a commodity which Japan is now seek- ing on all sides to supply her cotton factories. Cotton cultivation would bring immense bene- fits to the islands, one being to increase the

the list of

export articles and another an increase in the export trade to Japan, of the higher freights and insurance charges as cotton from the United States, in consequence

it would have to pay as compared with that from the Philippines, which are so near to Japan, could not compete with the latter. Also, as soon as the proposed reform of the shipping laws is accomplished and vessels between the Philippines and Spain are treated on the same footing as coasting vessels, cotton could be ex- ported to Barcelona, where at present it cannot compete with that from the United States on account of the higher rates of freight and insurance it has at present to pay in con- sequence of the greater distance.

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