The-Hong-Kong-Weekly-Press-1896-01-30 — Page 1

Hongkong Weekly Press AND China Overland Trade Report All

THE

Hongkong Weekly Press

VOL. XLIII.]

AND

China Overland Trade Report.

CONTENTS.

Epitome of the Week, &c............. Leading Articles :---

The Decline in the Rate of Interest

The Tonkin Transit Trade......

The Chinese Chamber of Commerce

HONGKONG, THURSDAY, 30TH JANUARY, 1896.

China, on the 27th January (27 days); and the Canadian mail of the 8th January arrived, per C. P. steamer Empress of India, on the 28th 82 January (20) days).

81

K2

83

Chang Chih-tung...

83

Mandarin Arrogance

8+

Admiral Makaroff's Collision Buffer

84

Publication of the Minutes of the Chamber of

Commerce

85

Accident to the On Sang

Admiral Makaro's Collision Buffer.-Meeting at the

City Hall

Fire in Queen's Road West

Reports of Another Rising at Canton

The West River Question

Bulkheads

Bignorina Belinfante's Concert

What is Prepared Opium ?.

Breach of the Passenger Regulations

The Reported Cession of Lapps to Germany.-Portu

guese Claims

Formosa

EPITOME OF THE WEEK.

No. 5.

The court martial appointed to try the Japa- nese military officers who took part in the Seoul emente of the 8th October has acquitted the defendants, on the ground that they acted under the direction of the Japanese Minister, Viscount Miura. The Japan Mail says the diplomatic disgrace of the latter is assured, as he acted in contravention of his instructions,

Reports are current of another intended but whether he can be charged with the crime rising at Canton.

of high treason remains to be shown.

85 The West Point Building Co., Limited, proposes to pay a dividend of 60 cents per share for last year.

2288** ** ******= 880 88

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RX

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The prospects of the opening of the West River are not now considered so farourable as they were a short time ago.

According to a telegram received from Luchow, says the Shenpao, the former Governor 89 of Formosa, Lin Ming-chnen, died on the 11th 89 January at his native home.

Diocesan School and Orphanage

92

Centenary of the London Missionary Society,--Pro-

posed Public Meeting..........

93

St. John's Cathedral

93

The annual meeting of the Hongkong Land Investment and Agency Co., Limited, was held on the 23rd January, when the report and

Hongkong Land Investment and Agency Co., Limited. 93 accounts were adopted. Hongkong Tee Co., Limited

94

Kowloon Land and Building Co., Limited

94

Hongkong, Canton, and Macao Steamboat Co., Limited

and Reduced

95

The West Point Building Co., Limited..

95

Hongkong Brick and Cement Co., Limited.

95

96

The Perak Sugar Cultivation Co., Limited

The Future of Raub

The Kebso Coal Mines.-Intended Reconstruction of

the Company

Cricket.

Royal Hongkong Yacht Club.

Correspondance

The Chinese Chamber of Commerce

Sad Suicide of a Yangtze Captain

Her Majesty the Empress of Japan has been pleased to send, through Sir Ernest Satw. the British Minister at Tokyo, the sum of 1,000 yen towards the Edgar Relief Fund.

It may interest some of our readers to know 96 that amongst other goods of foreigh type manufactured at Canton and exported the well- known Rogers (Sheffield) penknives can now be added to the list.

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A Chinaman Punished for Selling Land to Foreigners, 98 Hongkong and Port News.. Commercial Shipping

BIRTHS.

101 104

On the 18th inst., at Santa Ana, Manila, the wife of WALTER A. Firros (née CAMERON), of a daughter. Melbourne (Australia) papers please [311 At Bowrington, on the 26th inst., the wife of A. G. GORDON, of a daughter.

[298 MARRIAGE.

copy.

On the 17th January, at Christ Church, Yoko- hama, by the Rev. E. Champneys Irwine, M.A JOHN KENNEDY TRAFFORD, to MAUD MARY WATSON.

DEATHS.

At the Government Civil Hospital, on the 28th instant, Dr. OKOTINE, Staff Surgeon, H.R.I.M.S. Imperator Nicolai I.

[320 At Chinkiang, suddenly, on the 17th January, 1896, WILLIAM INNER, late Master I.-C.S.N. Co.'s steamer Kutuo, aged 39 years.

At Shanghai, on the 18th January, 1896, THOMAS BROWNE, aged 33 years.

At No. 4, Chef Road, Shanghai, on the 19th of January, 1896, HENRY OLLERDESSEN, aged 70

years.

At the General Hospital, Shanghai, on the 22nd of January, 1896, HORATIO C. W. COCRT. Son of Major-General COURT, aged 3 you

ARRIVALS OF MAILS.

The English mail of the 27th December arrived, per P. & O. steamer Ravenna, on the 25th January (29 days); the American mail of the 31st December arrived, per P. M. steamer

On the invitation of the Hongkong General Chamber of Commerce Admiral Makaroff, of the Russian Navy, gave an address at the City Hall on the 23rd January on his device for minimising

the effects of collisions at sea.

The Indo-China steamer On Sang, while en. tering Hongkong harbour on the evening of sustained such serious damage that she had to 20th January, struck this Dunmail Rock and

be beached. She has since been docked.

The Banks at Singapore have reduced the rate of interest on current daily balances to one per cent. Other interest rates are as follows for twelve months 3 per cent.; six months 3 per cent., three months 2 per cent.

The annual report of the Kowloon Land and Building Co., Limited, for the past year shows that the balance of profit and loss account for the year amounted to $5,212. The directors recommend that a dividend of 80 cents per share be paid.

The N. C. Daily News says:- -It is stated on good authority that the Germans are to have a concession here on the south bank of the Soo. chow Creek, between the gasworks (Pei-sin-za) and Alpha Farm; while it is supposed that the Japanese concession is to be somewhere south of the French concession.

At an extraordinary meeting of the Yokohama Engine and Iron Works, Limited, held on the 20th January, it was resolved to reduce the into 1.300 shares of $100 each, to $65,000, capital of the Company from $130,000 divided

divided into 1,300 shares of $50 each, and that such reduction be effected by returning to the holders of the 1.300 paid-up shares that have been issued the sum of $50 per share, and by reducing the nominal amount of each of the said shares from $100 to $50.

The Chungking correspondent of a Shang- hai native paper states that the American Consul at Tientsin travelled overland to Szechnen to settle the case in connection with the Chengtn riots, and after several consulta- tions with the Viceroy a conclusion was arrived at by which China should pay 30,000 taels as compensation for damages caused to the American missions. The American Consul left Szechuen on the 2nd January. Referring to has been arrived at. the claims put forth by Great Britain no decision

The half-yearly report of the Hongkong, Canton, and Macao Steamboat Co., Limited, shows that after paying running expenses, salaries. Premia of insurance, and all other out- goings, there remains, including $31,065 brought forward from last account, the sum of 3154,064 at credit of profit and loss account. From this amount the directors recommend that a dividend for the half-year of 6 per cent. on capital or $104,000 be paid to shareholders, that $15,000 be written off the value of steamers, and that the balance of $5,064 be carried for- ward to new account.

:

No further information has yet been received concerning the reported cession of Lappa to Germany, and it is thought amongst the Portuguese community that the report is un- true. Mr. Romano, the Portuguese Consul, him to telegraph should the information be wired to the Governor of Macao asking

is strongly inclined to believe that Lappa has correct. As no reply was received Mr. Romano not been ceded to the Germans. Another fact which supports this view is that new roads for a Customs station at Lappa are being built by the Chinese Government.

The success of the fire pumping stations at laid down over the city, has induced the people Canton on the riverside and creeks, with mains at Fatshan to adopt the same system, and they are now erecting similar pumping stations there and laying down the maius for carrying the The annual report of the Hongkong Ice Co...water to all parts of that large and populous Limited, for the past year shows that including $1,969 brought forward. from last year, and after deducting 310.0 paid on the 27th July last as an interim divi-1 of 2 per share, the hance at craft of purit and is $39,724

town. The system is being further extended at Canton, but so far it has not been introduced. on the Honam side of the river, though doubt- less it shortly will be, and now that its great utility has bee oved it will probably be

it is no son neute istoad › snopriated ja lopted t

as follows-A tual sexdud og så $25,000, to write off property sercut 433,000 | partly and to carry forward $1,724

ar surrounding towns. is partly imported and einstructed ocally. This is progress in

the air tion.

f

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