THE
ROBINSON
PIANO CO.
LIMITED.
TUNERS,
POLISHERS
AND
THE DESTINY OF MANILA,
"A COTTON-MILTING CENTRE.
THE HONGKONG. DAILY PRESS, SATURDAY, JULY 22nd. 1985;
JOINT STOCK SHARES.
SUEZ CANAL COMPANÝ,
Masers. Vernon & Smyth say in thoir weekly
The following statement was made in the Mr. Clemont Griscom, "one of the great powers share report dated Hongkong, 21st July, 1945.
name of the Administrative Council by tho of the shipping world, & decided inctor in the With the exception of a further rise in Banks, President, Prineo Anguste D'Aranberg: The finance of the United States, a distinguished Tuis auil Lady; the market has hoen feature-development of the trails of the Canal, which authority on transportation and commerce, legs and thus agnition in general business has
sinew 1613 has followed animost uninterrupted. and the father of the hotel American Muster been even more pronounced. Time business is line of progress, has given place in 1901 to ons
I to Japan, gave the Cablexcur an interview on
practically at a standstill, and a til something of the most striking increases that we have had the fatus of Manila as a port, Huid- is done to restore conflence in both principis to escord. The truffle oculpts show an increase Muila should be the warehouse for the and brokers it is likely to romain so. In one of ubont 12 millions and a half of franes. The handling of United States manufactures ship-soo
id for the Far Eastern warket. It should he so-it-is-ssible as well that time spoolation sama creamstances which causal this growth of the traffic in i have contribut to the results bas ceased pro tem. It will give siverd stocks, the manufacturing centro for the production of which have hoon unduly depressed by the obtained in 1901; they have been cliaracterized goods which require cheap labour in order tottlemout bogoy" for any months, a chanc pathy one hand bean exeptionally ko. activity compete with the products of foreign firms. of rising to their natural loval in the main the exportation of the agricultural produce Yeng gulog to have by far the flast hurkour
of ludia mel of corn in particular; and on the in this part of the world and you will have the
other hand, by a mincked growth in coal exports trade. With Manita as an immense Oricatul
for the Far East warchons, and a branch manufacturing atab lindment, turning the mw material of the bone land into the finished article at rates which aremont, business, from impossible to the employers of expensive labour at the United States will be in a position to do business with China right of the pot and she will thus be able to make cat for out with the European and the Japanese.
and go a long way towards steadying things all round. At the smar time it must be renamored that a good wholesome forward is a good incentive to cash boness, and prevents a arkit, ollaerwise dependent entirely on invost
stagnating. BANFB-Hongkong and Shanghais. All nt persistant densand, with practically no apply, has further advanced to to 8915, and we believe that with the usception of a small sale at $90) no staros have changed hande at "I am convinced that yenir future property rates between last weeks ($500) and the present and the development of American trans-Pacific closing one fr. 3915. The absorbing prose of tinde lie between these lines, and that is the home investors appears to be getting svou mure Haspel I am going to proach when I return home. But I do het inim the credit of its pronunced than when we brought it to antics Low months ago, and ovarything points to the anthorship is General Corbin's-idea, and stock orentually reaching a rate which will be
It he urged it in lotters which in wrote to me based on a return of o per cent or even 4 per fors I contemplated this trip. I was seepitenlant. Nationals remain unchanged and without forn I earn bere. I have only been hore n
busioons. few hours, and I am convincal. With the natural advantages possessed by Manila Day. HIGH-CLASS INSTRUMENTS, its close proximity to the Chine const. the hands in fair lots at 8705, but towards the
REPAIRÊRS.
BEG TO CALI. ATTENTION TO- THEIR EXTENSIVÈ STOCK
OF
BOTH OF
THEIR OWN MAKE"
AND THE
LEADING BRITISH,
CONTINENTAL
AND
AMERICAN HOUSES.
- АТ
PRICES WHICH DEFY-
COMPETITION."
MUSIC AND MUSICAL INSTRUMENTS
OF EVERY DESCRIPTION.
CASH OR HIRE PURCHASE
SYSTEM,
Hongkong, 20th July, 1905,
"A SAFE REMEDY
FOR ALL
f1:363
SKIN AND BLOOD DISEASES
18you seer from any disease due to an inputs tate of the Hibol, FROM WILATEVER CAURE ARISING, you should test the value of Cherke's Blood fixture, the world-fried Blood Purifer and Restaur. Els medicine has 40 years' registation, and is to-day more- gopular du ever, the retom of thin boing doubted- ly because this wonderful remedy does what it Profesnento un-11 CUBER SKIN AND BLOOD DIBIAREN PERÚANENTLY.
@larke's Blood Mixture
s THE FINEST BLOOD PURIFIER EVER DISCOVERED.
impurities, from whatever canes arising.
SCROFULA,
SCURVY,...
ECZEMA,
BLOOD POGON;
ULDERS,
SKIN AND BLOOD.
BAD LEGS,
BLOTCHES,
SPOTS.
BLACKHEADS,
PIMPLES,
Land
For
ney which is to be a spent in the building of this noe le
barbour, and the opportunity of uploying native labour, there is no reason why a large slice of China's trade should not fall to the United States, when the war is over
MALINE INSULANCES.Unions have chang
end of the were a anddan demand sent the rale up to $720, after small sales at $710. At time f writing shures cold to place a quotation Chains Traders haco ruled easier, sellers réting the market during the weak and buyers proving a little shy. At the meeting of shareholders,
The simultaneous appearations of these two fara have not allowed us to consider æs absolutely normal the increasy in, receipts obtained in 1901 We have bon obligad take count of this fact in letarmisin tho mount of dividend of which you will be asked to approve the distributio. In proposing to you that this dividend should be, fixed at 141 roues net and that we should form, with the aid of the surplus due to the otross' of receipts over expons & in extraordinary reserve of Hea millions of francs, worsk keeping faithfully to the lines of conduct which we have drawn up for you as many occisions and which consists in
harmonizing your present with your future interests.
A particularly importsat question is involval in the fixing of the dividad. This dividend necessarily reasked the gun at which the application of the rales, which we have adopted to u fresh rabata ought to load wi to agree to
delaxe)-- we had proposed to you the distribution of the whole of the profits realizon in 1904, a double rubate of 50 centimos world hare heen the consequence. The partly
during
and that vast territory,, peopled by tesmisel on the 17th-inst-it-was-remofrad to ent/ tional character of the results obtained a··
millions, is open up. We will of coarse, have the offer of the Union Insurancia Socialy a year were not of the nature to justify sch to rockin with Japanese compitition-a large onewed if possible, and to lay it before sansaigh rebate. It has seemed to us that by factor."
carrying your dividend up to the figure of 14 The Cullenca added :--- Manila will not have holderu both hero and elsewhera, to decide au 10 franch, which would correspond to a simple the benefit of direct dealings with the great its acceptance or rejection. The market does relate of centimes, we eculd not limit shipping truet. That commercial ectopus has with sellers at $744 and no business to report. all the work that its two score fenacles can do Cantons-have-been hit at 527-and lose with sallars. North China and Tangiszes on the Atlantic seaboard. But Mr. Griecom, who is one of general Corbin's oldest and closest remain unchanged and without business,
FIRE INSURANCES-Roth Hongkongs and friends, will do all ho can in promote the in: terests of the Philippines through the shipping Chinas have been on offer during the work at kings who hold the Pacific-coast trade in their questions without inducing bayare to poma
forward. grip; and he believes that a great and prosper- ous future is before these islands. He says the traos-Pacifle lines will be quick to take advan tags of tl: opportunities for developing Far Eastern trade, in their own interest, and he indicates the best way in which trade with China can be built up.
The representative of the Cubtenares told him of the successful experiments that have been made bere in the matter of cotton-growing; and now although the files is not of sufficiently long staple to give it Individual epinzing valne of importance, it might be used in conjunction with the home-grown raw iuaterial, shipped direct from the United Bentes to Manila, and spun avil woven kere at the ball door of China.
SHIPPING-Douglaser hava receded to 15, and Star Forries to $26 and $26, and with the exception of a few sales of Inilns in the early part of the work at 204 and SE and inter at 5924 we have no insiness.to report...
REFINERIES-China Sugars have changed bands at 3913 for August and at 8211 for each the market has ruled a little steadic and closes with cash bugers at 90. Luzong live declined to $ without business.
MINING-Charbonanges unchanged. Ranbe have declined to 36 with sellers on receipt of the news that the Government had real fo assist in the cost of sinking the deep ferei shaft
Docks WHALVES, AND GODOWNE -Hong- kong and Whumpos Docks have improved to 198 with but a small business, and Kowloon Wharves have advanced to 3971 buyurs: the latter company has declared as
interim dividend of $23 per share. Farnhams advanced in Shanghai during the week to Tis 143 and close uteady at
142.
That is what should be done," he said. "I quite agree with you that China's demand for choap, cotton piece goods should be met by large shipments of raw cotton from the homo- Iand to Manila, where, if the wills are startod going, the yarn can be span, and the cloth woven at a greatly reducoil cost of production, I am not, of course, conversant with what can be done bere in the way of cotton-growing, but if LANDS, HOTELS AND BUILDING-Hong- it can be grown to any extent it should be kong Leads, with a small ansatisfied demand at utilized as you Auggest. And there should be $117, gradually rose to $12 with sales, and bonded wherchonsos Manila to facilitate the close with further small buyers at that rate. shipment of all material and manufactures, West Points have been placed at $32 to 851, such as machinery, eta, coming into this port closing with buyers at the latter rate. Hong for re-shipment to Chins, India and Japan, sokong Hotels, after being on offer for some time that red-tape difculties as to duties may be avoided. No commodities under this head should be required to pay duty.”
DEWEY CRITICISES ROZHDEST VENSKY. American papers are quoting Admiral Dewey on the Battle of Tanshima Here are extracts:--- Discarding entirely the apparent unpreparedness of the inssian float, which may have been dne, in part, at least. to conditions which its com mander could not control, Admiral Dowoy believes that the first serioas mistake of Admiral Razhdestvensky was in failing to inform himself though his scout ships of the egnet whereabouts of the opposing dést.
Toge evidently was well hidden, but this is not accepted as a valid excuss for the failure to locate him. It is the business of the fleet scout It is warranted to cleanse the blood from all strips to develop the presence of the enemy, no matter where he may be concealed, as it is the basiness of the slower going battleships to stand up and sight But Rozhdestvensky made his great and fatal blunder when he coatinged on bis course iu dongle line after the JapanOSE fleet had been sighted with his lighter ships between his battleships and the enemy. Accord DISEASES, SORES OF ALL KINDSing to modern tactics the craisors should have it in a safe and Permanent Remedy,
been well behind, leaving the battelships to bear It is the only real specifie for Goat and Rematic the brunt of the attack in single line, with Pains, for it removes the causes frena the Blood and
the cruisers held in readiness to take an active Banca.
part in the battle when the opportunity was NOTE. This mixtar is pleasant to the tags.
BON warrantee from wasthing presented to nee them to the bast advantage.. ajurions to the most delicate constitution of either es, from infancy to eld age, till tile Proprietors olicit sacrers to give it a trial to tesit its value.
Thieusands of wonderful onres have been effected by it.
TRIED MANY THINGS WITHOUT BENEFIT
at $138, have conte iuto a sudden demand, and after sales at that rate close with buyers. Humphreys Estates, after small sales at $121. close with sellers.
COTTON MILs.Our rates, which with the exception of Hongkong Cottons nya faken from Shangbai, in nearly every cass show improre. ments.
MISCELLANEOUS. We have no 1 business to report under this heading.
*
NEWS FROM FUSAN.
(FROM THE "SEUL PRESS" COEERSPONDENT,) The Soul-Fusan Railway Company have lately been negotiating for several properties in what is officially known as the Foreign Settlement." They have bought the property owned by Mr. Hunt, a former Commissioner of Customs, and aro going to exchange it for what is locally known as the British Consular Hill" and the "Customs Hill" as they require these for extending the lineas far as the Japanese
Settlement,
They are determined to have their terminus in as good a position as possible for the convenience of local and oversea-passengers as well as for the easy converanes of cargo.
Mesure. Deshtor & Co., I hear, have docidal on acquiring three new steamers that will be able to do 15 knots, so that travellers bound for Chemulpo and Seoul may be induced to con tinas their journey by sea beyond Freut by the prospect of completing it within another twenty-four hours after leaving this port.
Had Roahdestrousky dropped his cruisers bo- hind when Togo was sighted, which he had plenty
Tho barley harvest, all over the southern of time to do, he might still have been sar rounded, but he would have beezabletohave given provinces, has been very plentiful, and almost back shot for shot. The Russian ships then all the barley fields have boon now planted out would have used all of their gang while the with rice, while the regular rice fields show already crops owing to the ample supply Japanese could only have ass half of theirs, alrestone app, sumaius fairly regular UNTIL I TOOK CLARKE'S BLOOD MIXTURE.
and the result might have been quite different. Bfr. F. E. Egwin, 19 Bridgo Street Row, Chester,
Then, too, Razhdestvensky would have been in daring the summer, there is every prospect of writes: Just a line in favour of Clarke's Blood
are a good rice harvest. position where, if he saw his shots were Afizturo. I hul eczema for boven months, and tried
telling, be could have ordered up his armoured many things without benefit until f.took your remedy.
the Japanese After the sight bettle I was quite weli agat. craisers on the opposito side.
The Please nocept this letter as u token of emilu se tolino aud fired on it from both sides. your wonderful Clarke's Blood Mixture. June theory advanced from St. Petersburg that 31, 190
Rozbdest sonsky held to hisdouble line formation and kept his ships closely together in the idea Holti Ini ial. Chemists and Paleat Medicine Vendors
that be would be able to ent his way through -thermgiout the World
the Japanese fleet in the fog, and wanted to gat all his ships through as quickly as possible, is accepted only on the basis that a poor excuse is
AЯX FOR
CLARKE'S. BLOOD MIXTURE and beware of worthlean imitations and salatitutes
[47 CHARLES DAY & CO., LONDON, ARE THE SOLE EXPORT BOTTLING AGENTS
FOR
JOHN JAMESON & SON'S
WHISKEY,
better than none.
t
Rozhdestvensky kusw that Togo was waiting for him and meant to give battle When the Japanese fleet was sighted the fog was not thick enough to prevent a pitched battle. Therefore what Rozhdestveasky should have
ones,
CHURCH SERVICE S.
8. Jouz's CathedRAL, Hongkong-rd July. Sunday 5th xiter Trinity. Matina (11) Responses, Ferini; Venite, Macfarren; Psalins, Cuseley, Turle, Elroy, Smart Te Deum, Ward in E flat: Banedictus, Langdon; Anthem. "O, Saviour of the world," Goss Hynias, 272 and 430. Evensong (5.45 p.m.) Responses, Ferial; Psalms, Wickes Naguificut, Havergal Peregrinus in E (7th evening); Nune Dimittis, Bornby in E; Hymns, 197, 166 and 81; Sevenfold Aren, Volun tries, Expert (Eubiat Lehmann; Fanfare Bridge,
Tonus
munion, 7.45pm..
done was to change his formation to a single Fifth Sunday after Trinity. Morning prayer U
ST. PETER'S CHURCH, Queen's Reud Weat line, with the lighter ships trailing the heavy-Venito, Sarage, Te Deum, Onkeley; Jubi Admiral Dewey is convinced that Togo harate, Lomon, Hymns, 201, 327, 63, and 362. Even- firmly established the suprvancy of the battle-ing Prayer-Magnificat, Baruby: Nure Dimittis, ship and fioully exploded the thoury whief acker: ymas, 294, 322, 46, and 16. Hvly Com- has been held by the public, rather than by naval experte that the torpedo hoats red fighting Wouht supuede o And on each Label gust be found the following ship. It has ben proved, he thinks, that
Notice and Signature. In order that Consumers may feel assured torpedo bosts and destroyers are valuable of gouvineness, we would request attention to adjuncts to a navy only when they are used as this our Special Expert Label, and to ear Togo used them, to supplement and follow up Trade Mark and Name on Carks, Capsulas the destructive fire of the battleships which protect them until the time comes when they and Caste, also to age mark.
can be used.
Join fameson Hon
iti.
(59-2
The battleship is the base from which the torpedo boat operates, and the urgent need of the American navy, as Admiral Dewoy sees it, is inora battleships and much more rapid naval construction: Ranking with the demand for the training of the personnel of the navy,
The Church Hunch Trayspring, dill call on ships uring white cows to bring friexha ashore-te
services, bitwean 9.15 and 10.30 am, an between 6 15 and 6 p.m. (Kowicon Police Pet 10.30 and 6), starring afterwards. The Answering Penaunt is the call flag. all the fittings are free and unappropriated. Visitors waleome Books, &c. provided. Sunday School 10-10.45 m.
ASHLEY, ROAD HALL, Kowloon, No. 6, Ground Floor Services. Lord's Day, 11 a... Breaking Brearl. Lord's Day. 6.30 p.m., Gospel Meeting. Tuesday, 7 pan, Bible Class. Thursday, 7 pay moral Mesting. Saturday, 7 pm, Prayer
Meeting
only to his extort the reduction of the tarili. The unsiderations which male asulöpt- the basis of 50 coutimes could not be applied to the case where increase of revenue was such as to allow us to wake a higher rebate. What we have disired in fact, is to asoit a rusagre reduction of the tariff which would ply Lavolve a loss for the company without the Bersary compensation to be derived from an encouragem at given to the development of the traffle. The profits, which represent a net dividend of 1 franes, exclly cure a rebate reckon should come into force from Jan. I next of 75 centimes--this is the amount which wa
It is interesting besides for you to notice the extrano-prudence with which we propose to you to employ the profits of it. Wo nitail be able to guard coniplately in against the consequences of tho robate should the loss shows as the result of it not be compensated for by a growth of trafo. Thanks to the growth of the statutory reserve and the power to rednes, if necessary, the allocation t the redemption. funds, the stability of your investment would not be affected if a slight diminution should take place in the te-fie of the canal.
ACCOUNT WORMING
The total receipts are placed at
"ebowing, by comparison with the total receipts of 1908; an igeravte of 19,300,532.5, which in the result of the growth of traftio.
In the total expenses which are placed
hod imeda pravions
coduction of 4,901 90+fy, for the areount for the renowal of material, there appea a dueroase of 258,018fr,31, The urges of the receipts over the exponies exriends by 12,555.580fr.8] the amount of the previous year. This excess is put af
We propose that yen dedust from this account 3 per rint. to the credit of the statutory reserve---sy
chero will then remuin
To which is molded from the working
of 1903
"Making a total of
It is proposed to you (1) ku fix upto as the profit to be distribute:"(2) to assign a mam of
to the extraordinary reserve which has just been mentioned at which will be used to make nge for any.
· Josses caused by the relate; (3) to carry forward the balance of...
Total
119,176,393,15
41.038,470,23
73.137.928.18
2.344 TUNA
70.793,790.57
2008.84
70,091;000;38
70,926,107.18
5.000,000
151.901.5J
70,031,000,11
The distribution of 70,926.197fe18 umong the shareholders will cause the dividend on each share to befra. This dividend increased by 25 france from interest represents a gros dividend of 150fr.894, and a net dividend of
141fr:
OP
THE NECESSITY
brushing the teeth morning and evening becomes a pleasure If you use
CALVERT'S
CARBOLIC
Tooth Powder
with its delian perfumé avut ogrètáble tasir, It preserves the teeth by thorough and antiseptic cleansing, and algo gives them the requisite polish without injuring the enamel.
Calvert's Prickly-heat Soap
iwery serviceable in het chorates as eventive of prickly star and cher isritation the skin. It is pleasantly perfumed and contains 2% Crystal Carbolic.
These grticles con be readily obtained from most Chenusta and Storekeepers.
F. G. Calvert & Co., Manchrŝter, EPOLAND,
MAKES THE SKIN
as SOFT as VELVET,
BEETHAM'S
77-3
Sarola
Removes all
ROUGHNESS, REDNESS, HEAT. IRRITATION, TAN, and KEEPS THE SKIN SOFT, SMOOTH, and WHITE ALL THE YEAR YOUND Delightfully COOLING & REFRESHING during the suUTEMMET
****** 1/1/9, and 26 each M.BEETHAM & SON, Cheltenham,
HOLL
2807
THE YOUNG AMERICAN
CIGARS
ALWAYS ON THE T}P"
A STANDARD OF. EXCELLENCE FOR DISCERN
Twi
ING SMOKERS.
i
EVERY CIGAR WILL GIVE YOU. HAPPINESS FOR AN HOUR.
000000
THE SIGNATURE OF
DRESSELIUYS &
NIEUWENHUYSEN.
TSON EVERY BOX
SOLE IMPORTERS ·
THE HOLLAND-CHINA
TRADING COMPANY,
SHANGHAF—UONGKONG.
FOR SALE AT ALL THE PRINCIPAL.
CICAR BELLENS,
12605-2
A
อ
GREGOR
& CO.,
31, QUEEN'S ROAD CENTRAL, 1ST FLOOR.
RHINE WINES
FROM
HEILBRONNER & CO..
MAINZ-GERMANY.
HIGHEST «AWARDS WHEREVER EXHIBITED.
Cures dandruff. Stops tallog hair. Kelleyes itching.
(45-19
NEWBRO'S HERPICIDE
The ORIGINAL remedy jħai "klis the Darsáruff Germ.”
GOING!
HERPICIDE WILL SAVE IT.
GQING!! GONE!!!
BERPICIDE WILL SAVE 4T.
TOO LATE FM RESTICIOF.
A PUBLIC TOOTH BRUSH that will sooner or later, couse baldness. A writer
in Medical Review of Raviens saya, "School A noted dermatologist says, "The time is coming children should know that it is dirty to use an when an asterilized public hate brush will be as other's hair brush. Newbre's Herbicidarondera rare a public tooth brush." The reason is public hair brushes harmless by destroying the that dirty hair brushes spread dandruff, and true dandruff microbe. A delightful hair drgising. dandruff is now known to be's contagioga diacaso i Gives wonderful results.
Brug Stores, $1.00
+
A. 8 WATSON & Co., HONGKONG, SPECIAL AGENTS
Applications at prominent barber shopur
THE CIGARETTES
FUTURE.
1106 11
OF
THE
ONCE SMOKED ALWAYS SMOKED.
E. D. PROTOPAPAS & CO.
ALEXANDRA & CAIRO, EGYPT.
·FINEST EGYPTIAN CIGARETTÉS.
SOLK AGENTS FOR HONGKONG
1569 KRUSE & CO., CONNAUGHT HOUSE