THE
Hongkong Weekly Press
VOL. XLIII.J
AND
China Overland Trade Report.
CONTENTS.
Epitome of the Week, &c.
Leading Articles :---
HONGKONG, THURSDAY, 12TH MARCH, 1896
.201
The Secret Agreement between Russia and China..202
Missionaries and their Work
202 ..203
„204′ ..204 205 .206
No. 11.
Mr. A. G. Wood has been appointed the re- The report of the China and Manila Steam- presentative of the Shanghai Chamber of Com-ship Co., Limited, for last year shows that the merce at the London Congress of Chambers of net profit, including a small balance brought Commerce.
forward from last report, was $35,974, of which it is proposed to place $10,000 to reserve, to up-rhy a dividend of 10 per cent., which will absorb $25,000, and to carry forward the balance.
The Official Gazette of Japan definitely an- nounces that Marquis Yamagata has been pointed Japanese Ambassador to attend the forthcoming coronation of the Tsar.
The Pakuam Railway Co., Limited, pays a dividend of 2 por ceut. for the past half-year and adds 4.487 ticals to the reserve fund, after 1208 writing off 1,479 ticals for dopreciation.
.206 .206
The Reconstitution of the Sanitary Board
Japan's Commercial Progress
Anti-Chinese Feeling in Cochin-China.........
Yunnan and its Trade Prospects
Official Corruption in China
Chang Chib-tung and a Squeeze on his Carriage
Road.
Reviews
Hongkong Logislative Council
The Reconstitution of the Sanitary Board
..208
The Registration of Births and Deaths Bill.
Supreme Court......
Wreck of the Spondilus
The Humber Ashore
.209 „209* .209
The liquidators are making a fourth payment of $1.25 per share in the distribution of the assets of the Straits Fire Insuranco Co., Limited, in liquidation. making $25.25 return on $20 1.209 | paid up:
.200
Centenary of the London Missionary Society Adventurous Voyage of the Schooner Esmeralda ......210 Quarantine at Singapore
The Wreck of the British barque Lynnwood-Marine
Court of Inquiry
..211 Japanese papers state that the new trenty of commerce and navigation with France will be 211sigued ero long. The treaty with Germany is delayed only by ungotiations upon some details of the tariff.
212
The National Bank of China, Limited
Hongkong Hotel Co., Limited
212
The China and Manila Steamship Co., Limited
.213
Hongkong. Rope Manufacturing Co,, Limited.
,213
The Straits Insurance Co., Limited
Hongkong Golf Club
Hongkong Foothill Cup Final
Royal Hongkong Yacht Club
Hongkong Rifle Association
Correspondence
The Secret Treaty Between China and Russia
The Chairman of the Saigon Chamber of Commerce
on the Chinese...
The Kuchong Magistrate Punished
Hongkong News
Commercial
Shipping
BIRTII.
.213 214 .215
.215
.210
.216 .217
The vole of ceusure on the Government pro- posed in the Lower House of the Japanese Diet on the 25th February was defeated by 165
votes to 101. ·
A Router's telegram states that China lias refused the offer of a French syndicate's loan, although backed by the French Government. 218 Negotiations with the Anglo-German syudi
cafe are proceeding.
.219
.219 .221 .223
4
It is beginning to be believed in Japan that there is a project for an alliance between Russia and Japan, and that Marquis Yamagata, who is to represent Japan on the occasion of the
Native reports from Socchow announce the receipt by Governor Chao of that city of a dispatch from the Tsungli Yamen stating that the govorument intend to curtail the privileges conceded to Japanese in Soochow and Hang- chow. The tone now adopted by the mandarins towards the Japanese in Soochow is said to have undergono a inarked change in consequence.
N. C. Daily News.
H. E. Li Hung-chang will, it is expected, stay in Shanghai, about a fortnight and will probably leave for Europe by the French mail steamer Ernest Simons on the 28th March. His Excellency will land at Marseilles and from thence take train to St. Petersburg. After despatching his business there the ex- Viceroy will not impossibly make a tour on the Continent, but it is uncertain. whether he will return by way of America.
-
The annual general meeting of shareholders of the Co-operative Cargo Boat Co., of Shang- ai, Limited, was held on the 5th March. The oport and accounts were accepted and passed, and it was decided that a final dividend of 9 per deut., making 16-per cent. for the year, be paid, absorbing 'Els. 9,000, that Tls. 15,000 be trans- ferred to reserve and maintenance account, and that Tls. 1,177.72 be carried forward.
On the 4th ist, at No. 4, Blue Buildings (tha | Czar`s coronation, is charged with the negotia | Lighter Col, Limited, was held at Tientsin on
residence of her mother, Mrs. Ruchwaldy) the wife of C. E. A. PFANKUCHEN, C.I.M.C., of a son. [630
DEATHS.
At Capsuinem Customs Station, on the 4th March, the infant daughter of MARY and CHRISTIAN LYNBORO, aged 4 days.
[638 At Shanghai General Hospital, on the 25th February, 1896, Claus JOHANN VOLLRATI HOERK, aged 37 years.
At Shanghai General Hospital, ·
⚫ on the 28th February, 1896, Dungan Hendry, late chief engi- neer of the steamer Chihli, aged 41 years.
At the Shanghai General Hospital, on the 1st March, 1896, BERNARD MULLER, Lower Yangtze Pilot, aged 61 years.
ARRIVALS OF MAILS.
The English mail of the 7th February arrived, per P. & O. steamer Kaisar-i-Hind, on the 9th March (31 days); and the German mail] of the 10th February arrived, per N. D. L. steamer Preussen, ou the 11th March (30 days).
EPITOME OF THE WEEK.
The Shell Line steamer Spondilus has been wrecked on Cape Varela.
The British steamer Humber, from Japan with a cargo of coal, has been wrecked on Sand Island, the Pescadores.
A public meeting in celebration of the cen tenary of the London Missionary Society was held at Hongkong on the 4th March.
tions.
At the annual meeting of the Shanghai Waterworks Co. the directors will recommend
■ final dividend for the year of 23s. per share, payable at exchange of 3s. Od. per tael. The interim dividend paid in July last was 13s. at 3s. Old.
The Japanese Foreign Department has issued a notification under date of 22nd February that the treaties of Foreign Powers with Japan will in future apply also to Formosa, Kolung, Tam- sui, Anping, Tainan, and Takow being declared open for foreign residence and trade.
What are stated to be the terms of the alleged secret agreement between Russia and China, have been published by the N. C. Daily News, and appear to be authentic. The agreement establishes an offensive and defensive alliance and concedes great advantages to Russia.
A Bill for the reconstitution of the Sanitary Board was introduced in the Hongkong Legis lative Council on the 10th March, but the first reading was postponed for a month. The Bill reduces the unofficial element of the Board, and it is probable it will meet with strong opposition.
It is reported that the Yokohama Specie Bank contemplates exchanging £700,000) in gold which it has in reserve for its equivalent in silver, and adding the profit thus male to its Sapital. The reason for this action is that it is considered there is no necessity to keep so much gold now the management of the indemuity money has been placed in the hands of the Bank.
·
.
The annual meeting of the Taku Tug and
the 23rd February, when the report and ac counts wore adopted and passed. The working account shows a credit balance of $182,244. The directors paid an interim dividend of 7 per cent in July, and has put to depreciation $47,069. They now pay a dividend of 10 per cent., carry $28,571 to reserve, and $10,000 to fund for equalisation of dividends, and carry forward to 1896 $18,482
The Agents of the China" Mutual Steam Navigation Company, Limited (Messrs. Holli- day, Wise & Co.), have received a telegram stating that a highly satisfactory general meet- ing was held in Londen recently, at which it was decided to declare a final dividend of 3 por cont., making 6 per cent. in all for last year, on the preference shares, and also a dividend of per cent. on the ordinary shares, each dividend to be payable on the 12th inst. The Company has also been able to set aside £30,000 to the depreciation"and"reserve fund, being the same amount as last year.
6
•
facturing Co., Limited, shows that the net The report of the Hongkong Rope Manu- profit for last year, including a balance of $4,152 brought forward, was $83,486. It is proposed to place $65,000 to reserve, to pay a dividend of 10 per cout...which will absorb $15,000, and to carry forward the balance. As it has now become necessary to increase the capacity of the factory by enlarging the build- ing and making considerable additions to the plant, &c, it is intended to raise the capital to 250,000, by issuing 2,000 shares of $50 each, in payment of which the sum of $100,000 from the reserve fund will be applied.
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