March 19, 1906.]
CHINA OVERLAND TRADE REPORT.
be made into a province and recommending | together with 42 rifles, and a great quantity of that Vooroy Shum be sent there.
THE CANTON MILITARY COLLÉGE. Thef are over 3,000 applicants for admission the Cheong Ping Hok Tong. Amongst the candidates is a Military Cheong Yum (the highest degree obtainable in a military examina. tion) This man is Ping-Kang, and he holds the post of Colonel of the Viceroy's guards.
ROBBING A POLICEMAN.
A policeman on duty in the Sai-Wang Street in the new walled city while gazing at a passing procession had his revolver stolen from him. Having discovered his loss shortly before returning to his station, and being afraid of the consequences, he arrested a passer-by and accused him of having committed the theft. The case is on trial.
THE CANTON WATERWORKS,
Last year I reported that Viceroy Shum issued a proclamation re the establishment of waterworks in Canton. It was then decided that half the capital would be supplied by the provincial Government and the other half by the merchants. The latter have now signified to the authorities that they will not take the matter up. This is the outcome of the recent railway imbroglio, and I fail to see how the Viceroy is going to manage his scheme if the people refuse to
come forward with their ospital.
March 12th.
*DARING BOBBERY On the 9th inst. the Fung family in Cheong Han street went to the theatre in Honam leaving their servants to take care of the house. During their absence the house was visited by a gang of burglars. The inmates were cowed and tied up in a remote room and the only servant who attempted to raise the alarm, an old amah, was immediately strangled to death The robbers ransacked the house and carried away all the jewellery and valuables amounting to severa thousand dollars. The affair was immediately reported to the authorities and now the Poon Yu magistrate has issued a proclamation offer ing 1,000 dollars for the arrest of the ringleader. Sundry other rewards are also offered for any information leading to the arrest of the des- paradoes.
CANTON KOWLOON RAILWAY.
Yesterday the Poon Ya magistrate and a deputy from the Sin Han Kuk went to examine the site selected for the Canton terminus of the Kowloon-Canton Railway.
THE BOYCOTT.
Upon the request of the American Minister in Peking, the Waiwupu has instructed Viceroy Shum to suppress the boycott of American goods. The Viceroy has replied that owing to his recent troubles with the people it is very difficult to suppress the boycott associations just now.
SALT TAX.
Some time ago Viceroy Shum imposed a tax of 10 cash per catty on salt for the purpose of raising funds for the Yuet-Han Railway. The salt merchants objected and the tax was lowered to 6 cash, but the salt guild still objected On the 8th inst., the Salt Commissioner sent a.petition to the Viceroy stating that the merchants had agreed to pay an increase of 3 cash per catty. This having come to the knowledge of the merchants they drew up a petition protesting against the increase and affirming that the Salt Commissioner's petition was drawn up on his own initiative and without any warrant from the merchants concerned If the Viceroy insists on collecting the increased tax it is feared that another serious trouble will be the result.
March 14th.
PUBLIC CONDEMNATION UNPLEASANT.
It is reported that Chow Hok-yuen, á son of Viceroy Chow Fuk, who took a prominent part in the recent railway troubles, is said to be lesions of leaving Canton, as he is held to blame by the people in connection with Lai
Kwai pui's arrest.
PUZZELWHOLESALE DECAPITATION.
The Hok-shan district being sorely infested th=robbers, Viceroy Shum sometime ago dispatched Admiral Tsun to hunt the robbers now reported that a force of braves have succeeded in ospturing 144 robbers-
ammunition. Their trial is proceeding; 53 of them have already been beheaded.
A YOUTH EXECUTED.
Yesterday the Nam Hoi sent, ander instruc- tion from the Viceroy. Tai Kan Heung, a well-known robber recently extradited from Hongkong, to the execution ground to be beheaded. The criminal was only 18 years of age, but had a bad record.
SIMPLE OPIUM CUBE.
One of the small local charitable institutions, oalled the Chan Mo Sin She, has discovered a plan for ouring the habit of opium-smoking It is to take dandelion [roots P] boiled with lean pork. It is reported that many opium. smokers have been thus cured.
AN IMPUDENT SQUEEZE,
Wong Ping, an employee in the China Light and Power Coy., has been arrested and sent to the Nam Hoi Magistrate to be dealt with for stealing company property and for demanding "squeezes
" from the Chinese consumers by threatening to cut off the supply of electricity
INFECTIOUS DISEASES AT CANTON.
suburbs.
A few days ago two girls died of plague in a house in Po Yuen street, in the western in fear of the plague. Cases of smallpox are Their putative mother fled to Macao still very many, and may be seen walking about in the streets. A sampan girl was observed at work with her face in the acute stage of eruption.
A LUCKY ROGUE,
A pickpocket caught picking a foreigner's pocket yesterday must be marvelling at the temperament of the foreign “devil." Finding the man had taken only two dollars, the foreigner asked the policeman to let him go; the two dollars to be kept as a "cumshaw." This was done.
March 15th.
CANTON-HANKOW BAILWAY,
Chamber
The Viceroy has sent a long despatch to the of Commerce deciding that the management of the Canton-Hankow Railway shall be controlled by the merchants. The Viceroy says that he has heard of the energy of the people in taking up shares and requests the Chamber of Commerce to immediately appoint an energetic and wealthy man director general of the company, and has also sent to the Chamber a copy of the British loan agreement showing the amount loaned and the interest to be paid by the Kwangtung Province.
CONSTRUCTION WORK. -
8.8
COMPANY REPORTS.
CHINA SUGAR REFINING CO., LIMITED.
holders at the twenty-eighth annual general The report for presentation to the share. meeting, to be held at the offices of the general agenta, at noon on Wednesday, the 21st March, reads as follows :
The general agents beg to submit to share- for the year 1905 with a statement of holders their report on the Company's business accounts to 31st December last,
The refineries were well employed during the greater part of the year, but during the last few months a falling off in demand necessitated
reduction in the output of refined sugar.
a
the year 1904 the sum at credit of profit and Inclusive of $42,812.75 brought forward from loss account is $1,405,419.68, from which has to be deducted $200,000 paid as interim dividend of 10 per cent. on 18th August last, and this sam the general agents and consulting leaving $1,205, 419.68 available for appropriation, committee recommend should be dealt with To pay a final dividend of $15 per as follows, viz. :---
share,
1
To transfer to a reserve fund To bonus to European staff To carry forward.....
8300,000.00 850,000.00
15,000.00
40,419.68
81,205,419.68
The steady fall which has occurred during the year in values of raw sugar and the uncer tainty as to the future course of prices render it necessary to provide a large sum against forward purchases, hence the proposed transfer of $850,000 to a reserve fund which will be utilized for the purpose of writing down anah commitments.
Consulting Committee: This consists of the Hon. Sir Paul Chater, C.M.G., Messrs. A. G. Wood and E. Shellim, of whom Sir Paul Chater and Mr. Wood offer themselves for re-election. Mr. A. J. Raymond resigned his seat on the committee on his departure from the Colony in November last.
Auditors: The accounts have been audited by Messrs. Thomas Arnold and W. H. Potts, who offer themselves for re-election.
JARDINE, MATHESON & Co.,
General Agents.
31st, 1905.
CAPITAL AND LIABILITIES.
Paid-up capital
..$2,000,000.00
450,000.00 86,129.85 408,249,25
On the 11th inst. in the afternoon several Balance Sheet—One Year—to DECEMBER
three foreign deputies accompanied by engineers went to Wongsha to examine the stock of railway materials. It is rumoured that work will be soon started to complete the trunk line from Wongsha to Ko-tong. The money required will be advanced by the Government and will be refunded by the company later on. It is said that some foreign engineers are offering to contract for $40,000 per mile.
*
THE RETIRING MINISTER OF COMMERCE. Yesterday, Cheang Pat-si, Minister of Com- merce, made his farewell calls on the local officials prior to his departure, which is to take place shortly.
MORE RAILWAY BUSINESS,
The eight charitable institutions and the 72 guilds have decided to hold a meeting in the Chamber of Commerce to draw up a telegram to be forwarded to the Peking Chamber of Commerce relating to the question of the reg- istration of the company and also concerning questions relating to the construction of the line.
KING-CHOW TO BE OPENED.
Equalization of dividend fund Repairs and renewals account Sundry creditors Balance of profit and
***
144
***
loss account .$1,405,419.68 Less interim dividend
at 10% paid on the 18th August, 1905 200,000.00
ASSETS.
Property account consisting of—
East Point refinery Bowrington refinery Swatow refinery Hongkong distillery
Cash
***
Raw and refined sugar, &o. Spirits and rum Charcoal, coal, stores, &o. Sundry debtors Shipments
Less advances
FOR
***
+45
B
1 205,419.68
$4,149,792.78
.$1,531,209,03
1,010.77 2,038,299.49
...
10,517.65 290,179.17 62,527.30
.8352,816.87 136,767.49
216,049.39
84,149,792.78
PROPERTY ACCOUNT,
$1,581,209.03
$1,581,209.03
transfer from profit and loss
account as per fast report
balance on Dec. 31st, 1905
50,000.00 1,531,209.09
$1,581,200.03
Some time ago someone proposed to the Waiwapu to open King-chow in Kwangtung to foreign trade. The proposar stated that a certain country has a keen desire to obtain this island and to check them it is necessary to open King-chow to foreign trade. The Waiwapa has sent many private telegrams To balance on Dec. 31st, 1904 to Viceroy Shum with regard to this pro- posal, asking him to investigate the matter. It is now reported that Viceroy Shum has replied by telegraph that there are many objections to opening King-chow to foreign trade. He asks that the matter be left for future consideration.
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