GREGOR & CO.,

WINE AND SPIRIT MERCHANTS.

HONGKONG.

BRANDIES.

A Selection from the'r Price List:-

SPIDER BRAND

FINE PALE

M. B. &R' *

**

YEARS OLD GRANDE

FINE CHAMPAGNE

I

Per Case Quarts $19.20

37

29,50

35.00

120.00

126.00

N.BA our Wines ad Spirits are Bottle? at House, thereby ensuring ta OET Customers all the advintezas carning from battlings done at Loma under the direct supervision

of the Growers and Distillers, a compared to bottling, doue in China by Chinamon at the servic of Europeas Firms.

OFFI

TO LET

TO LET.

FFICES in "Hotel Manous," facing New Post Offles and Hongong Hotel, Apply to-

HENRY BUMHREYS, Alexandra Didings, Hongkong, 7th January, 1995,

180

FOR SALE AND TO UT.

TUNE BUILDING SITES Sale in

TO LET

OF F Wadi Road, Giro GODON ALGODOWNS at Back

Cheap.

Apply to-

THE ROBINSON PIANO O., LD. Hongkong, 10th February, 1905

TO LET.

CEMI-DETACHED HOUSE in Ibizon

Road, Kowloon, Apply to

Mr. HENRY HUMPIRTS,

or to

43-2

THE HONGKONG DAILY PRESS, FRIDAY, MARCIF 10тí, 1905.

HONGKONG.

EFFECTS OF THE WAR.

of course, is largely due to the effects of the war. There seems no immediate prospect of a much lower exchange, and it is to be hoped that, The following notes appeared in the Times before aireamstances are such us to fores the Financial Supplement-In considering thorales down to the ruinous ones ruling in the trale of engkong for the past your it is almost early part of 1903, some arrangements will be noedlaks to

to my that the 'st question which come to in Chius for a gold standard, which nrises is in regard to the outbreak of hostili would of courag, much help trade by putting it tive betmoon Russia uut Japan and the effects on a securer and Bounder lusin. of this isar on business here. Situated in the Bonth of Chius, Hongkong haa, of course, not baza su much affected an say. Shanghai and

THE WATER SUPPLY,

TOIRS ON THE 1ST MARCH, 1905,

LEVEL

190%

athar nathora porta, int for the rat LEVEL AND STORAGE OF WATER IN RESEN months the Chinese were very ca conservative in their dealings. This policy was not much dictated by the fear of local depression as by the feeling that China, and posibly Britain, might be drawn into the war. Tytam As time passed, un't the prospect of other nations becoming involved grew less, groster confidenes was established amongst both Chinese and forvig, ers.

IN SOUTH CHINA

The Chinese were not slow to sew that thera would be a demand for certain articles required by the Japanes for military purposes, and aeveral spoculated largely, in some cases with unfortunate resulle. Demand for snoh goods has not been a steady one, but all the same large business has been done in blankets. timpletos, canned goods, &o. Recently stocks of such goods have been fetching high pricus, and at the present moment the market is bares of supplips. Other effects of the war will be noticed under their varions headings

DISORDER IN Apart from external affaire. business in the south of

China

creat deal from the Muffered unreat and rebellion in Kwantung and Kwangsi.

Breat In the Delta around Canton nota of pirnog layo hean rifs, and it is becoming dangerous for any rich mou to travel thereabout. numerous gases haring occurrit in which such men have been captured and held to ransom. It is not sur prising that men with any property at all should removeinto securor quarters at Canton, or that merebants should hesitate boforo sending their goods through these piratical districts. Com plaint is universal amongst the Chinoze here of the danger in sending goods up country.

in Kwangsi the efforts of the to promote order have proved abortive. It Viceroy is difficult to ralize, however, the tremen

The matter would he much

more readily dealt with were the rebels a regularly organized army but as a matter of fact they seem to be just the ordinary inhabitants of the province, peaceful tillers of the soil whilst the soldiers are near at hand, but active marauders the moment they 192 get the chance. Since the time of Li Hong-

chang

the people of these two

provinces have not been ruled with a band arm onough, and in consequence the importance of Krange as a market has greatly dwindled. Wer

Fere matters on a calm and peaceable fouting, a grent impetus would be given to trade, and it rests with the British and other Governments to impress on China the importsues for her own sake of extinguishing this unrest and rebellion.

TO LET-From Jat March Next,

FOUR-ROOMED HOUSE in Kowloon

with joint use of Tennis Court. Apply to-

"KOWLOON." · Care of Daily Press Office, Hongkong. 19th January, 1905, [106

TO LET

FFICE ROOMS at Nos. 12 & 14, Queen's Road Central (Corner Hauso); 'Bo Can be lat separately or wholly Rant moderate, cheaper if the whole in taken on a long lenne,

SEVEN EUROPEAN HOUSES, lato F. Blackhead & Co. and Shewan, Tomes & Co.'s Offices. Ground Floors and Top Floor with Godowns can be let separately on leases.

Apply to

CHUNG SHUN KOO, 12 & 14, Queen's Road Central. Hongkong, 24th December, 1904.

TO LET.

HUMPHREY ESTATENDOS. 74, CAINE ROAD.

FINANCE CO., LY Hongkong, 25th February, 15,

TO LET.

ABERTHOLWYN," Peale Road,

Furnished Six-Roomed Heuse, t nso of Terais Court, Garden and Large Fr Water Swimming Bath.

Apply to-

II. HUMPHREY Tongkon. 18th February, 1905,

TO LET.

NO. 1, RIFON TERRACE.

WONG-NET-CITONG '

A HOUSE it ROAD, facing Race-course.

FLATS in Monrros Teunace, facing the

Tolo Ground.

OFFICES in course of erection, CONNAUGHT ROAD (near BLAH PIER).

GOTOWNS; PRaya East.

A BUILDING & CRuseway Bay, at present in occupation of the Steam Landry Co, Ld.

Apply to-

THE HONGKONG LAND INVEST MENT & AGENCY CO., LD. Hongkong, th June, 1994.

TO LET.

FOUR OF FIVE OFFICE ROOMS

L

181

First Floor of "Hotel Mansion" facing the New Post Office and Hongkong Hotel.

Apply—

Care of Daily Press Office. Dongkong, 9th March, 1905.

TO LET.

857

NYRIE, Unfuruished. Newly repaired,

Exted and Colourwashed.

No. 7, BELILIOS TERRACE, 1st Row.

No. 21,

No. 1

No.

20,

No. 1, DES VOSÏ VILLAS.

3rd Row.

3rd Row.

3rd Row,

BUNGALOW (Farnished), at Now Terri-

Kowloon, 4 Rooms, low rental.

KELLETT CREST" (Furnished), Poak,

for 2 months from 15th April to 80th June,

1905.

“GODOWNS Nos. 34A, 34, 34c, Trays East.

Apply to

COMPRADORE'S DEPARTMENT,

Nippon Yasen Kais Forglong, lut Marok, 1905.

TO LET.

[8

AYEW "KINGSCLERE" with Stables,

entrances in both Kennedy and Mac Donnell Roads,

For fall particulars, apply to-

LINSTEAD & DAVIS, Alexandra Buildings, 3rd Floor. Hongkong, 17th February, 1905.

478

10 LET.

dons task he has.

IMPORTA-COTT N.

Byrash Pokfulam

...... 12 ft. Wongneicheong 44 ft.

1905, Below overlow Below overflow. 35 ft. 6 in. 34 ft. 7 in. fl. 3 D. ein. 29 ft. 0 in. in. 41 ft. 0 in. STORAGE GALLONA,

1905, 154,500,000

Tytam By wash. Pakfalar..... Wongasichoong

Clonemption Estimated lution

190-4, 1-49,6 10,900

ग्रहके 25,000

nil. 95,500,000 052,000

164,452,900.

Total 144668,90 CONSUMPTION OF WATER IN THE CITY OF VICTORIA AND HILL DISTRICT DURING THE MONTH OF FEBRUARY,

1904.

1905. 71,783,000 102,793,000 gallons Lopn-

200 590 227,300 Consumption per

hoad por day 11

16.1 gallons mouth of February, 194, and from 27th Febru- In eruittent sapply in force during the whole

ary, 1905.

CONSUMPTION OF WATER IN KOWLOON PENINSULA DURING THE MONTH OF FEBRUARY.

1004.

3905.

Consumption 12,680,900 12,181,000 gallonia Hatimutedpopu

lation

66,350 72,100 Consumption per

head por duy 0.5

6.0 gallone The Governmsat Analyst reports that the water is of excellent quality,

P. N. H. JONES,

Water Authority.

GARRISON ORDERS.

HEAD QUARTERS, HONGKONG, 9th March, 1905. Daparture.-No. 1. With reference to Gar- rison Order No. 3 of the 1th January 1905, Colonel L. F. Brown, R.E. lott for Eugland on the Pib inst, pur se. Empress of Japan.

Indian Transports,No. 2. The moverents of the undermentioned transports have been. altered as follows:-

Leavea

Arrives

Port Date

IM

STOMACH

AND LIVER

DISORDERS

CONSTIPATION, LANGDOR, PAINS IN THE CHEST & SHOULDERS, BILIOUSNESS, HEADACHES, NERVOUS DEPRESSION, PALPITATION, SLEEPLESSNESS, FLATULENCY, ACIDITY, LOSS Q APPETITE, AND ANEMIA,

.

ARE RADICALLY CURED BY

Mother Selgel's Syrup, which pantofus food-digesting ferasents and gentle kortion for the stomach, liver and kidneys, sud has cured more dyspepties than any other medicine fia the world. For years 1 suffered from a disordered Iver " wrote Mr. C. R. Venter, Klerksdorp, Transvant, on Oct. 18th, g. My ver Our really sluggish sud I had severe pains far the small of my back from the shoulders right across the chest. Aflei using three hotties of Mother setgel's Syrup and some Mother Beigel's Pill. I was quite cored and can now recomiend them with every confidence,"

MOTHER SEIGEL'S

BANKS

SYRUP.

TAKE IT DAILY

IMPERIAL BANK OF CHINA

ESTABLISHED by Imperial DECEED OF TR

12TH NOVEMBER, 1896,

SUBBORIBED CAPITAL.Shanghai Tis. 5,000,000 PAID-UP CAPITAL

2,500,000

HEAD OFFICE—SHANGHAI,

BRANCHES AND AGENCIES,

Canton

Chofoo

Haukow

Tientein,

Poking

Penang

Singapore

The Bank purchases and receives for colles- tion Bills of Exchange drawn on the above piacos, and sells Drafts and Telegraphie Trans- fers payable at ite Branches and Agencies.

HONGKONG BRANCH, Advances made on approved securities. Bits

Discounted.

Versel Pert Date Hardinge-Karachi 213.05 Hongkong 2,4.05 Hongkong 5.4.05 Mandoi Hombay Hangyong is Taki 185.09 Tuku

2.05 | 3′′, per annum on Fixed Dovosita for 9 months 16.5.35 Hongkong 21.6.05 Hongkong 23.6.05 Bang 51.6.05 Kangoon

12 26.05 Karachi 11 GU55 Bumbay 11.4.05 Hongkong 24 4.05 Hongkong 22.403 Taku 30.4.05 Paku 185.05 Hongkong 8.5.05 Hongkong 10.305 Rangoon 145 05 Engin

29.5.05 185.05 Karachi Couning-Chacelled.

NH-Wing rd Burros Infantry laava

INTEREST ALLOWED ON DEPOSITE 16.405 At 2% per annum on Current Acsont day 21.405 Hongkong 7.6.05 balances.

Dufferin

So far as the trade in cotten roois is con- cerned, the first six months of this year were extremely poor on The raw material had reached an abnormal's high value, and, even with the benefit of a high exchange, the Chinese could not pay the prices required by manufacturers at home. Orders wers only placed for these few lines in which a engular and profitable business was done, and of which the stooks in hand and to arrics were only exhausted. The Chinese waited with patience for the break in prices which was sun to come. and did their best to make such stocks as they had go their furthest. In Juur-July, when 23rd May. 634 cotton first showed signs of vroukoning, the

Chinese proved how low they had

their

ECOND FLOO&Partly Furnished No, 7, Wyndham Street. Rent 350 per month. Apply

1st Floor Hongkong, 7th March, 1905.

HIRANO WATER,

QUEER OF TABLE WATERS,

PORE, SPARKLING, INVIGORATING. THEADING MINERAL WATER OF THE EAST. Bed in Japan by H. E, REYNELL & Co.

WALE OF JAPANESE IMITATIONS,

BLACKHEAD & CO, AGENTS, Hong. 31st July, 1903. DAID CORBAR & SON'S

295

ERCHANT NAVY

NY BOILED

FG FLAX

STANCE CROWN

PAULING

363

CANVAS

NHOLD, KARBERG & CO.

Sole Aeront.

2ND FLOOR in Contral position, containing MITSU SHI

Four Large Rooms, Anteroom and Lavatory,

do., with use of Electric Lift. Well suited for -Offices.

Apply tr

LINSTEAD & DAVIS, 3rd Floor, Alexandra Buildings, Hongkong, 20th January, 1905.

TO LET.

GOSHI-KWAISHA

(MIT BISHI CO.) COAL

EPARTMENT MARDUCHI, TOKIO. Cable 1988, “ÍWANAKI," which applies to ranch Ofless sad Hong- eng nanghai Agencies Al, ABC 5th

Western Union Codes All Letters Added

Hongkong 10th May, remainder of Regianent

By Order

A

#

13

E. W. BUTTER, Manager.

F27

Hongkong, 17th May. 1904. THE

HE BANK OF TAIWAN LIMITED

(IMCORPORATED by Sencial Imperial CHARTER)

CAPITAL SUBSCRIBED...........Yon 5,000,000 2,500,000

A. A. CHICHISTEL, Major, | CAPITAL PAID-UP

Chief Staff Officer,

stocks to run by their eagerness to buy. It seemed as if their usual cautica bad reverted them, for large lines were booked before cotton THE OFFICIAL TRADE RETURNS. had fallen to its fullest extent. This netivity contional for some time, but os their order-

The returns for the month of Desember show

П

HEAD OFFICE: TAIPER, Formosa.

BRANCHES AND AGENCIES:

Kobe Nagasaki

Твіпад

Tamsai Tokio Yokohama

Osaka Shanghai

HONGKONG OFFICE:

4, QUEEN'S ROAD.

Carront Account,

Amor becks grow full, the Chinese, buyers became an increase of over half a million in imports Foochow

Anping more. Fantions and conservative, and paid greater attention to the pricu of cotton. The and of nearly 33 millions in exparts of home Keelang further reduction in cotton values which has produce, while to re-exports of foreig, and taken place has had the effect of making the colonial produce were to a higher. Co ton market practic lly a dead one, and it will pro- but the increase in exports is spread over | bulka prominently both in imports an! exports, bably

remain sa natil cotton appears to be in a

Interest allowed on armer position. The clearness of the par- practically the entire list chases made has been gonerally good, and tal.

With regard to the results or the whole Deposits received on terms which may be learnt

en application. together it would appear that a larger and more year, and dealing frst with imports, there is a

8. SHIGENAGA, Marager: satisfactory business has been done this year reduction of about half a million in foodstuffn, Hongkong, 1st November, 1904. then last. One feature which marked this re-

T2579 newed activity was the revival of the trade-in English yarns, which had almost dropped out of sight, owing to their high price Indian not dropped in proportion to American, and the price of Indian yarn still remains high. This has had the affect of curtailing the business, but the outlook is now somewhat more promising.

about a million cwi. Kaw

THE

LIMITED.

ESTABLISHED 1880.

and this docline would have been very much larger but for an increase of 42,800,000 in the value of sugar, the total buing £18,253,000OKOHAMA SPECIE BANK against £15,181.000. The increase in quantity, however,

Was only materials show a total not increase of £8,700,000, although the value of wood and timber imports fell £3,485,000. Cotton ingresad almost 10 millions in valco and near y 14 million cut. in In woollens the high prices raling limited quantity. Although there was an increase of the business except in those special lines such,110,000, mainly in sopper importe, the not as blankets, in which, however, an enormous busincas was dous.

The position of me'a's has hardly been up to that of former years, but there have been large quantities done of tinplates, the market being effected by the demand from the north. Those who hoped that the war would help some other lines have to a great extent been disappointed.

EXPORTS.

increase in articles wholly or mainly man. factured is only £586,000, most of the other items showing roductions.

cables

CAPITAL SUBSCRIBED... Fen 24,000,000 CAPITAL PAID-UF ........................ 18,000,000 CAPITAL UNCALLED RESERVE FONDA

6,000,000

AFTER MEALS.

72

BANKS

THE

5

EUTSCH-ASIATISCHE BANK,

AUTHORISED CAPITAL,Sh. Teels 7,500,000

HELD OFFICE--SHANGHAI, BOARD OF DIRECTORS BERLIN.

Barlin Tiantain

BRANCHES :

Calcutta

Bankow

Teingtan (Kiantschen)

LONDON BANKERS : Messrs. N. M. ROTHSCHILD & SOND, THE UNION OF LONDON AND SMITHS BANK LIMITED, DTECH BANK (BERLIN), LONDON AGENOZ DIRECTION DER DISCONTO GESELLSCHAFT.

INTEREST allowed on Current Account DEPOSITS received on terms which may be learned on application. Every description of Banking and Exchange business transacted,

H. FIGGE,

Manager. Hongkong, 11th August 1904

'THE

28

HE CHARTERED BANK OF INDIA

AUSTRALIA AND CHINA.

INCORPORATED BY ROYAL CHARTER, 1853 HRAD OFFICE-LOYDON,

CAPITAL PAID-UF.. RESERVE LABILITY

HOLDEES...

RESERVE FUND.......

• £800,000 OF SHARE-

£800 100 .£800,000

INTEREST allowed on Carant Account nå the rate of 21, per annum on the Daily balanoss On Fixed Deposits for 12 months pront

6

ᎨᎭ

"T. P. COCHRANE,

Manager.

Houghong, 19th May 1904.

.HONGKONG SAVINGS BANK,

THE Business of the above Bank is cond 10

WE

ted by to HONGKONG AND SHANG- HAI BANKING CORPORATION. Bul04 may be obtained on application.

INTEREST on deposits is allowed at 3 PRE CENT. per sunum.

Depositors may transfer at their option balancer of $100 or more to the HONGKONG AUD SHANGHAI BANH to be placed or FIXED DEPOSIT at 4 PER CENT, per annan.

For the HONGEONG AND SHANGHAI

BANKING CORPORATION,

J. R. M. SMITH,

Chief Manager.

Hongkong, 1st May, 1902

#

CASAKS

9,520,000

THE

Hsar` Orrion-Yozowana.

BRANCHES AND ́ÅGRECIRS.

Kobo

9.2

HE MERCANTILE BANK OF

INDIA, LIMITED.

AUTHORISED CAPITAL... £1,500,000 SUBSCHIDED ...

PAID-TECTOR INT

1,125,000

569,500

80,000

BANKEES: LONDON JOINT STOCK BANK, Limitnu.

Tokio Londen San Francisco Shanghai Dalay

Nagasaki

RESERVE

Lyons

New York

Honolulu

Bombay

Tientain

Newchwang

Peking

Liaoyang

LONDON BANKERS,

PARE'O BANE, LIMITED.

xports for the 12 months show increase practically all along the line. The most pro minent exception is a decline of 2,316,009 in iron and steel, while there is an increase of over £1,000,000 in

There is also machinery. ling off of £100,000 in coal and coke, but that is The silk trade had, til recently, proved significant on total of 27 millions; of rather disappointing this year. The high rates 21,811,000 in apparel, owing to depression in of exchange ruling and the failure of the third South Africa, and of 1913,000 in telegraph Tew LONDON JOINT STOCK BANK, LIMITED

proved disastrous to many, and several crop

and apparatus. The most remarkable native houses failed or liquidated Early in increas in cotton, which is up £10,306,600. THE UNION OF LONDON AND SMITHS November, however,

BANE, LIMITED. a considerable business was to the splendid total of £84,000,000, Woollen, done, and the latest figures show & much more fabrics showed an increase of £210,000 over TWO FIRST-CLASS SHOPS, European MANAGER, MITSU Co., with name of hopeful position, and prices are firm, although 1903, and of £4,186.000 over 1902. As col- T

HONGKONG-INTEREST ALLOWED. Style, in Kowloon. Possession on

the market has gaioted down somewhat. pared with] 1902,

On Current Account at the rate of 2 per cent the total exports show na about 31st August, 1905. Moderate Rentals.

There have been no marked features with increase of £12,100,000, but this includes 20 per annum on the daily balanco. regard to other exports; the high price of sagar millions of bullion--a quite exceptional mare. and increased competition have made the year a ment, due to a variety of cause:-British Trade bad one for the manufacturers of preserve dgingor Review.

or

No. 4, SALISBURY AVENUE, Kowloon. Immediate possession. Mederate Rentals.

Apply to

HUMPHREYS' ESTATE & FINANCE CO., LD.

Hongkong, 2l«f June, 1904.

No.1

TO LET

TO LET.

[97

189:

NAGASAKI, MO FORE, KARATSU

AGENCIES SHANGHAI: H

Pander. BRANGFFICES:— AND KOW

TRIFF. HONGKONG: JEFFRIES,

MANILA: ONDRAT & CO.

Probably the war has had more effect on this then on anything else, The immediate results CHINK GEAKING & Co. were the withdrawal of the Japanese lines

YORAMA: M. ABADA.

SHIPPING,

running to Europa. Australia, India, Aruerica.

ΚΟΣΜΑ

CARTRIDGES.

MPORTED EVERY MONTH THERE.

245

INTEREST allowed on Current Acoonste a

the rate of 2% per annum on the Daily balance OR FIXED DEPOSITS****

For 12 months....

4%

6

"

H

317

3 "

..21%.

EVAN ORMISTON,

Manager.

28

Hongkong, Wrd May, 1903.

HONGKONG & SHANGHAI BANK.

CORPORATION

PAID-UP CAPITAL,.-**-**-2. RESERVE FUNI-

On fired deposits for 12 months 5. perna

H **

tr "

#

"

P

3

ТАКЕО ТАКАМІСНІ.

Managor. Wongkong, 12th September, 1904.

15

27

SILVER RESERVO

IN

ANKING

NTERNATIONAL BAN

CORPORATION.

Agents of the United States in China the Philippine Islands and the Republic of Panama, CAPITAL AND BULFLOS

AUTHORISED CAPITAL Paro Ur.... RESERVE FUND

FORE ALWAYS "FRESH CONTRACTORS COAL to the Im these vessels have been taken by beats en charter, and on the coast. To some extent the places of perial Japanese Navy asign Navise; the which has doubtless led to at least,

INLEY'S, SCHULTZE'S, AMBERITE Imperial Arsenals: pecial Railway; of the groat increase in British toonago which part

and KYNOCK'S SPORTING TO. 1, STEWART TERRACE, the Peak. Sanyo, Kinshn and the

Principal Rail is believed to have entered and cleared at Hong CARTRIDGES 8, 10, 12, 16, and 20 IGRE. Fiscal Ways; Industrial and Foreign kone this year. Official Sguros are not yet and NEWCASTLE CHILLED SHOT in Apply to-

Mail and Freight

forthcoming, but it is expected they will show Sizes, Nos. 10 to 888G. AIR GUNS and EXPORTERS OF to Hongkong, this result. The number of vergels in the AMMUNITION in Variety. THE HONG KONG LAND INVEST-

Shanghai, Hankow, Singh MENT AND AGENCY CO., LD.

WM. SCHMIDT & CO. China, Korean ports and Manila, North East received additions from those which Hongkong, 28th March, 1904.

Houbeng 28th November, 112. came out laden with coal, do, and resided on SOLE PROPRIETO

Takashima, charter to the Japanese or others. Ochi, Shinnew, Namazata Kami-Yamada came ent to replace those chartered to the Other bosis

THE EAST OF ASIA.” NUITABLE for Offices, TWO ROOMS in ready to produes on a large the best Bazen extent as to weaken freights. Now features Collieries and also Rojo Co which will be Japanese, but this did not occur to that pas

(Published Quarterly.) Prince's Buildings.

Coal from 1805

CONTAINING Articks of Specisi Interest. Apply to-

LAUTS, WEGENER & CO. Sole Agents for Kigio, au (Tagawe have been the establishment of a direct line to

South Africa in

Profusely Illustrated, descriptive of the connection with the coolie 610 and Matsuekima Coals. Hongkong, 4th March, 1905.

trafle; and the running of o

The kindly Press criticisms, both Continental of the

Company will recet order for

-opened treaty port of

and Americau, that the production of thin Keougmoon. The American lines, too, buvo Couls prou from oveveries.

Coal in 1008 by the Cot amounted largest of which enter this port. There seems

eloquent testimony of placed on the Pacific several new stoamers, the Magazine has evoked ALICE S First Floor of No. 34, to £210,000 tours.

the sterling merit of the publication. TAKASHIMA CO

little doubt but that the near fatara will see a

Price New and additional shafts at akashiwa Americans seem to be preparing to take their great development in this Pacific trade, and the

$1.50. On Sale at "NORTH CHINA HERALD Colliery have been completed this well- known best and most economical Coal in share.

OFFICE, Shanghai; the EAST is now produced in pee and

MESSES. KELLY & WALSH

Hougkong; can be supplied in any quantity.

Hongkong, 15th February, 190

TO LET.

and SPACIOUS ROOM or Queen's Road Contral. Possession from Ist April, 1905.

For particulars, please apply to

WONG CHU BANG,

Care of Yee Bang Fat,

Opposita the Post Office. [635 Hongkong, 7th March, 1905.

The Head and Branch Off the Agen-service via the newly a direct Wast Hivor people, Castoms, &c, of the Far East.

cies

(11

FINANCE.

The recovery in rates of exchange which took place during the later months of 1903 has been maintained during the present your, and this,

and all leading Booksellers in the Far East Hongkong, 3rd February, 1903.

.Gold $10,000,000 Gold $3,47,200 Gold $3,947,200

HEAD OFFICE: New York, LONDON OFFICE: Threwdnsedle House, B.0 Branches and Agents all over the World. LONDON.BANKERS. NATIONAL PROVINCIAL BANK OF ENGLAND. LIMITED, UNION OF LONDON and smith's BanK, LIMITED,

BRITISH LINEN COMPANY BANK, The Corporation transacts every description of Banking and Exchange businem, receiver money in Current Account and accepts Fixed Deposits at rates which may be ascertained on application.

CHARLES R. SCOTT, Manager. 20, Des Vœux Road,

Hongkong, 23rd January, 1905.

[29

STELLING BESNEVE...$10,000,000

8,000,000

$10,000,000

-----$18,000,000 RESERVE LIABILITY OF PROPTOEE.810,006,000

COURT OF DIRECTORS

H. E. TOMKIN, Esq.-Chairman.

H. W. SLADE, Es,Deputy Chair apa.

E. Gestz, Esq.

Hon, W. J. Greyson,

A. Haupt, Esq.

A. J. Raymond, Esq. H. Schubart, Esq.

P. Shellim, Esq.

N. A Sioba, Euj,

Hon. R. Shewan

E. S Whealler, Esq.

CHIEF MANAGEE Hongkong-J. H. M. BAITH

MANAGEB: Shanghai-H. M. BEYIS,'

LONDON BANKEES-LONDON AND COUNTE BANKING COMPANY, Linston. -

HONGKONG-INTEREST ÅLIOWED. On Current Account at the rate of Two pez Cent, per Aanam on the daily balance.

ON FIXED DEPOSITS. For 3 months, 2 por cont per Anzum For 6 months, 3 por dent. per Annam. Fer 12 months 4 por cent. por Annum.

J. R. M. SMITH,

Chief Menager Hongkong, 18th February, 1905.

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