THE
Hongkong Weekly Press
VOL. XLIII.J
AND
China Overland Trade Report.
CONTENTS.
Epitome of the Week, &c..........
Leading Articles :-
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The Franco-Chinose Agreement
Hongkong Currency
T. e Governor and Ch nese. Agitators
Supreme Court,
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Dandy Dick 7 at the Theatre Roy.l
HONGKONG, THURSDAY 2ND JANUARY, 1896.
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The Hongkong branch of the firm of Messrs. Carlowitz celebrated the jubilee of the firm on the 28th December by entertaining a largo number of Chinese merchants to a dinner.
The annual meeting of the Perak Sugar Co., Limited, was held at Shanghai on the 20th December, but the accounts not being ready for presentation it was adjourned to the 22nd
Christmas Concert & the Government Civil I spital. 4 January.
Messrs Carlowitz & Co. Jub lec
The Missions to Seamer T a and Meeting
The 'lague
Paojom Mining Co., Limited
New Balmoral Gold Mining Co., Limited
Messrs. A. 8. Wats n & Co.. Limi ed
The Dairy Farm Co., Limited
Major Brothers, Lim ted
The City Hall
Cricket
Roy. Hongkong Yacht Club
Rugby Football
Correspondence
Dedication of the tier.nan Concession at Tientsin
Railway, at Last......
Hongkong and Port News
Commercial
Shipping
BIRTH.
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It is stated that Mr. Denison, the foreign 6 adviser to the Japanese Government, has been rewarded by the Government with 10,000 yen for his services in connection with the war and his advice regarding the framing of the 8 Shimonoseki Treaty.
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The first annual meeting of the Now Bal. moral Gold Mining Co., Limited, was held on the 28th December, when the Chairman spoke hopefully of the prospects but stated that t'e amount expended on development had been 1 largely in excess of the estimates.
At 1, Seymour Terrace, on the 28th December, the wife of E. W. MITCHELL, of a son, [2727
MARRIAGE.
On the 17th instant, at the Legation of the United Jates in Tokyo, by the Rev. T. S. Tyng and the of ev. A. F. King, VICTOR FRANCIS THIENNETTE DO BERIGNY, of Kobe, to MARY ELIZARTH, only naughter of Paul Andreas Dithlefsen, of Kobe.
DEATHS.
GEORGE DUROS, born at Locle, Switzerland, the th Septemler. 1862, died of typhoid fever at No. 5, Bluff, Yokohama, on the 16th December, 1895, 9 a.m., in the 34th year of his age. At his residence, Yama, Kobe, on the 15th De enber, Mr. H. B. WOODFORD.
ARRIVALS OF MAILS.
The French mail of the 22nd November ar- ved, per M. M. steamer Natal, on the 25th ecember (83 days); the English mail of the thember arrived, per P. & O. steamer Neshatur, on the 28th December (29 days); ad the American mail of the 29th November rived, per P. M. steamer City of Rio de neiro, on the 29th December (30 days).
EPITOME OF THE WEEK.
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In obedience to instructions from the Viceroy Chang, the Shanghai Magistrate has issued a proclamation notifying the public that the dollars and decimal coins made by the Hupeh mint which have lately appeared in Shanghai must be accepted as legal tender, and that any one found guilty of trying to lower the face value thereof or melting them for other purposes will be punished to the utmost extent of the
law."
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The Yokohama Engine and Iron Works. Limited, has a capital of $130,000, and, having recently paid an interim dividend of ten per cent., has still a bank balance of $89,000. It is proposed to pay a portion of this to the share. holders by making a return of capital to the extent of one half the value of the shares. At an extraordinary meeting held on the 18th December a resolution was passed altering the articles of association in such a manner as to enable this to be carried out should the step hereafter be decided upon.
According to the Japan Herald there is a manis for starting banks at Yokohama. The banks already lately founded are the Soda Bank, with a capital of 300,000 yen, and the Yokohama Trade Bank, having a capital of 50,000 yen; while the banks under consideration, or that have had petitions lodged for them, are the Raw Silk Bank, capital 300,000 yen, the Trade Bank, capital 300,000 yen, and the Mogi Bank, capital 1,000,000 yen, and now it is being arranged to found a bank with a capital of 500,000 yen for the convenience of tea merchants by Mr. Otani Kahei and other tea dealers.
The annual meeting of the Punjom Mining Co., Limited, was held on the 28th December.
The dedication of the German concession at The accounts showed that the credit balance of entein took place on the 15th December.
stated that Captain Hirayama, of the has been dismissed his ship in uence of the Thales affair.
annt meeting of the Dairy Farm Co., was held on the 27th December, when eport and accounts were adopted.
ms have been received to the effect was entirely evacuated by the army on the 25th December.
$15,309 brought forward from the previous year had been reduced to $12,929, the Company having spent $2,400 more than it made. The Chairman explained, however, that this was more than set off by expenditure on the cyanide process, which had yielded no return, and that had the cost of taking down and re-erecting the old battery been charged to capital account a balance at credit of some $18,000 might have been shown, but the directors thought it better to keep on the safe side. The report and accounts were adopted.
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Apropos of the opening of Soochow and Hang- chow as treaty ports, we (NC. Daily News) hear that syndicates, composed of wealthy merchants and gentry of both cities, have recently peti- tioned their respective Governors to be allowed to establish two inland river steamboat com pauies to run between these two cities and Shanghai. It will be remembered that Chang Chih-tung authorised the formation of a similar company recently with the head office at Shang- hai, but we learn that this is a semi-govern- ment undertaking, while the two noted above will be entirely mercantile enterprises.
The N. C. Daily News of the 21st inst. saya :-- The four Nanyang cruisers mentioned the other day as under orders to start for the north are to make a stay at Port Arthur in order to be at the orders of the Chinese Commissioners who will take over the retroceded Ligotung Peninsula from the Japanese. The squadron is now very busy taking in stores, new guns, and ample ammuni tion, and will be ready to start for the Gulf of Pechili on Christmas Day. These vessels will take over a battalion or two of German-drilled artillerists and a number of large and quick- firing guns of new type to make Port Arthur as defensible as circumstances permit. he squadron. joined by the torpedo gunboats Feiying and Feiting, will also visit Kiaochou Bay. Apropos of the Nanshi, a German-built cruiser of 2,200 tons, Captain Yuan Chiu-kao, which was to have been a part of the squadron, we hear that upon being surveyed to see whether she was fit for active service in the north she was found to
be in such a condition that she must be dooked at the Kiangnan arsenal for a thorough over- haul and repairs. The Chintsing, 2,400 tonaj n Foochow built ram-bowed corvette, Captain Ho Sin-chuan (who formerly served as a sub-lieuten- ant in the British Mediterranean fleet), will probably take the Nanshui's place in the borth.
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The Eastern World says:-As regards the Far East, the continued increase of Russia's military and naval forces unquestionably points to the fact that its object is to make use of them against Japan. But to Russian intentions in that direction England and Germany may also oppose an insurmountable barrier and their commercial interests would seem to require that that should be done. Japan's policy in Korea has not been a success, but there is no country that has not made equally grave mistakes at some time of her existence, and it would be an
extremely shortsighted policy to passively let Japan suffer the consequences of a mistaken policy, if they affect, as they certainly will, British and German interests also. The ob vious duty of those two countries therefore is to help Japan to devise a remedy, and the op- portunity to come to a mutual understanding- will not wait for ever. Policy demands that the discreditable incidents of the late war shall be no longer remembered, especially in view of the fact that co-operation of the three powers iu a future common emergency would make their repetition impossible. There has been none of that arrogance in Japan against for eigners that it was generally predicted, and not altogether without reason, would mutual intercourse after the war, prophecy was publicly made,- justice demand that it should be has not been fulfilled, and that on as before.
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