March 15, 1909.]
closing sentence of your speech may be the silver lining to a more golden clond. The metaphor is rather mixed, but I feel sure that in the near future when the railway is an ac- complished fact we may hope for still better things. I sincerely trust it may be so.
The appointment of Messrs. Barrett, C. S. Gubbay, J. W. C. Brodersen and W. Helms to the board of directors was confirmed on the motion of Mr. WICKHAM, seconded by Mr. SMITH.
Mr.
TURNER proposed and Capt ROLFE seconded the re-election of Messrs. Shellim und] Cousland to the directorate.
Carried.
Capt. BROWN proposed the re-appointment of Messrs. Potts and Gourdin as auditors.
Mr. SMYTH seconded, and the motion was agreed to.
The CHAIRMAN-That is all the bussiness, gentlemen. Thank you for
your attendance,
CENTRAL STORES. LIMITED SHANGHAI.
The fourteenth ordinary general meeting of shareholders of the Central Stores, Limited, was held at the Palace Hotel, Shanghai, on the
5th inst.
The Chairman said-During the early part of the year under review, the depression in trade which was felt in 1907, continued, as shown by
¡CHINA OVERLAND TRADE REPORT. THE BURIAL OF THE EMPEROR KWANG HSU.
EUROPEAN PRINCES OF THE BLOOD TO
ATTEND.
The Peking correspondent of the Tientsin Times says:-
The first of May of the Western calendar has positively been decided upon by the Astronomers for the removal from the Forbidden City, of the Coffin of His Majesty the late Emperor of China.
The Burying place has been selected in the Tung Ling, or the Eastern Catacombs, and not in the Kis Ling as was anticipated.
This is the Western of the two Imperial grave-yards of the present Dynasty, both of which are situated some miles distant from Peking.
Was
The Prince Regent
much affected when the desire of several
governmnete became known that foreign Princes should attend in person the funeral rites.
intimated that Russia and Germany will be For instance, it has already been officially represented and probably also Austria Hungary by a Prince of the Imperial blood.
relative of the Mikado as representative, but Japan first expressed the desire to send a near this is not yot decided.
The burial of the Empress-Dowager will not this your's ceremony will be so elaborately
arranged.
Ta-jen, son of ex Viceroy Ynan Shih-kai will It is stated positively in Peking that Yuan
soon have a big promotion.
FAR EASTERN TELEGRAMS.
225
MISHAP TO THE “KUTSANG.”
The Indo-China steamer Kutsang, proceeding to Japan, struck a submerged rock when enter. ing Haitan Strait on the 4th inst,. and as the ship was making water Captain Bradley made for the shore. All the passengers are safe. Captain S. Payne, the Company's marine superintendent at Shanghai, proceeded to the scene of the accident by the steamer Loksang with necessary gear.
Messrs. Jardine, Matheson & Co., Ltd. com- municate to as the information that telegraphic advices received from Foochow on Friday with regard to the Kutsang were to the effect that the damage sustained by the steamer is not extensive. The hole has been plugged up and the steamer was proceeding to Shanghai. A telegram from Amoy reports that the Douglas steamer Haiyang (Captain Hodgins) had reported passing the Kutsang in lat. 26 N. long 120E. "all well."
It was expected that the Kutsang would reach Shanghai on Sunday morning.
IMPORTS.:-
COMMERCIAL.
SUGAR.
Yokohama, 1st March,-Owing to local re- fineries having been our of the market lately,
RICE.
latest circular dated Saigon 5th Mar., report:
SAIGON-Messrs, Wm. G. Hale & Co, in their
During the period under review our market has ruled very dull, prices however have been maintained owing to Cultivators withholding their stocks of Paddy.
the absence of transient visitors during that take place this year and it is hardly probable that sales have been made of Hongkong sugars, period; however, I am happy to say, a revival took place towards the end of the year and is continuing. We were fortunate in securing the contract for the entertainment of the US. Fleet in Amoy, which although, out of our base of operations, I am pleased to tell you, proved satisfactory in every way, and gave the staff a valuable experience, which would go a long way for future operations of a similar nature. You will see from the accounts that, after making full provision for Depreciation, Bad and Doubtful debts etc.. there is au available balance for distribution of $47,266.75. Out of this sum the Directors recommend the payment of a Dividend of $1.20 on the old shares and 60. cents on the New Issues and to carry foward the! balance. This result we hope will be satisfactory
to
OCEAN MAIL SUBSIDY BILL.
Tokyo, March 5th. defeated by the Washington representatives.
The Ocean Mail Subsidy Bill has been
[FROM THE “CHUNG NGOI SAN PO
STRAITS CHINESE AND THE CHINESE NAVY.
enlargement of the Chinese Navy.
sum of $3,000,000 for the
This amount will be forwarded after arrangements
hare been made for the establishment of a suitable naval station.
you as the profit earned is over 70 per cent. greater than last year. Interest of 7 per cent. on the second call has already been paid and the 60 cents we now propose to pay is dividend at 8 per cent. on the first call, which now participates! in Dividends equally with the old shares. The '
Peking, March 5th. The Chinese Consul at Singapore hus wired second call will rank for equal dividend to Prince Su informing him that the Chinese with other shares from January 1st 1909. It merchants in the Straits Settlements are willing is gratifying to me to be able to report that to subscribe a the accommodation at our disposal has been insufficient to satisfy the demands, and that distinguished guests in general have spoken and written to me in very complimentary terms when expressing their satisfaction at the com fort and attention they had received during their stay. I hope, with the assistance of the staff, to make the Palace Hotel the Premier Hotel, and the one at which, all visitors will hope to find accommodation, and failing, will seek it, disappointed, at other Hotels. The hotel will be finished shortly-the unsightly boardings are all down. You can see, what a prominent front the Hotel has. I hope with the entire accommodation at our disposal, to give to you at the next meeting a report in every way satisfactory.
BURGLARY.
FUND FOR THE CHINESE NAVY.
Peking, March 7th, The Prince Regent has resolved to devote the money left by the late Empress Dowager to the re-organisation of the Chinese Navy.
CHINESE CRUISERS TO VISIT STRAITS SETTLEMENTS.
Peking, March 10th. On the recommendation of the Board of Commerce the Government has sent Wong Ta-ching, secretary of the Board of Agricultural
1+
Wo quote for March or April.
No. 2 White sifted (trić) steam milled
round
No. 2 White unsifted (ordinaire) steam
milled (round)
5% Cargo steam milled round 10% Cargo steam milled round 20% Cargo steam milled round
$3.18
2.92
2.87
2.75
* Prices according to terms and conditions. The following is a statement of this year's Ex- ports of White Rice, Cargo Rice and Paddy:-
Destinationn. Hongkong Iloilo Соби
Batavia-
Singapore Sourabaya Europo
Total
Same period of last year
Total pcs.
17,249
2,834
4,231
3,419
4,501
686
32,914
22,690
HONGKONG, 15th March :-The downward ten- dency continues, market being weak and Quota-
tious now, are :~-
Saigon, Ordinary
Round, Good quality Long..
..$5.00 to $5.05 .$5.00 to 5.05 .45.10 to 5.15 Siam, Field mill cleaned, No ‡...$5.5 to 5.10
No.
to 5.15
*
15
*
Garden, White,
D
Fine Cargo
.$51.0
$4.90 to $5.05 to
4.95 6.10
OPIUM.
HONGKONG, Mar. 6th-Since the 18th u to, the movements in the various Opium markets have been as follows:-
stocks on the 4th Feb., 1900-36011 2,742
Malwa Patna, Benares. Persian
24th
1
Work, to go with the cruisors Hoi Chak and Hoi Ying on a cruisers to the Straits Settlements to ascertain the trade and general | Mar. 1st position of the Chinese merchants there. cruisers are to leave on the 11th instant.
The
In the early hours of on the 11th inst a burglary was committed at the residence of Mr. A. Ramsay, at 20 Kennedy Road. The thieves cut the woodwork and removed a pane of glass in a side window, which they opened and entered. the house. Apparently they had been attracted
NEW CHINESE LAWS. by the large massive marble clock in the dining room as they took none of the other valuables in
Peking, March 12th. the room,
but carried the timepiece ont of the duce laws for the control of Chinese who are The Chinese Government propose to intro- house by the front verandah, taking two over-naturalised subjects of foreign countries and coats from the hall stand and two umbrellas. foreigners who are naturalised Chinese subjects. The fact that only the clock was taken from the It is also proposed to make laws for the dining room suggests that there were only two governance of marriages between Chinese and thieves who would find that the timepiece was foreigners, and to decide the nationality of the as much as they could conveniently carry. significant fact is that Mr. Ramsay's dog died intended to frame regulations for the control of Aissue of such mixed marriages. It is also only a few days before from poisoning.
Chinese in foreign countries.
.. 4th
110
12 285 194 210 177
1,028 1,091
$4
119
Feb. 18th Imports per Delta 250
Kut Sang Kunsang Macedonia 223) 100
8,976,447 1,401 1,244
150 100
Less Exports to Shanghai..
Less Exports to East and`, West Coast Ports including Local Consumption for the fortnight..
150 411
476 220
Estimated Stocks this day 3,810) 2,888
825 1,024 Bengal. A further heavy decline has to be reported to $995. for Patna and $475. for Benares. As bargains in Chinese hands are getting reduced, there has been some demand towards the close. $1070/80, for new and $1100/1160. for various aiwa.-There has been a small demand at grades of old drug.
Persian-We quote superior drug at $1020 with a small demand.
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