A BLOOD COOLER.
"Dwellers in tropical or sub-tropical countries, where the Liver is apt to bo sluggish, are often in need of a blood-cooler and purifier of a saling nature, says the British Trado Journal. On of the most useful of these, known as Abbey's Effervescent Salt, bas among other advantages, rendering it peculiarly well adapted for export- ation to warm climates, the fact that it does not cake in the bottle but retains its clogaat dey, can to frosty fine granular form, so that poarod out. Nor does it fiske ou the top of the Water. Compared with other salts, its slow offervescence enables it to be taken leisurely without any un casunt censo af choking or blinding the usur."
Abbey's Salt is a pleasant, cooling, invigor sting effervescent Lonis lazutive, it regulates the action of the Stomach, Liver, Bowels and tho system generally, it aids digestion, promotes excrotion, purifice the blead and c'era the complexion.
ALTRA
Abbey's Belt males a Dedicina. us, tasting;
Invigorating draught at any time, aut alii Sodn Lavande, and is particulate enjoyable as a healthful Leverage in hot
climater.
Sold in two sizes by all Chorists or Stares and by WATKING, Limited, and A. S. WATSON, Limited, of Hongkong,
The ABBEY FRUIT SALENE Coungy, Limited, 144 Quson Victoria Strear, Loudou,
[1243-6 5.C., Englarat,
CARTRIDGES.
TY MONTH, THERE. FORE ALWAYS FRESU
IMPORTED EV
CALEY'S, SCHULTZE'S, AMBERITE and KYNOCK'S SPORTING CARTRIDGES 8, 14, 12, 16, and 20 HOBE. and NEWCASTLE CHILLED SHOT IN all Sizes, Nos, 10 to BSSG. AIR GUNS and AMMUNITION in Variety,
WM. SCHMIDT & CO.
149 Honkong, 28th Novembor. 1502.
SUN FAT & CO.
MANUFACTURERS AND DEALERS IN LADIES AND CHILDREN'S UNDERWEAR, EMBROIDERIES, LACE, SILKS, PONGNES,
GRASS LINEN, SHAWLS, HANDKERCHIEFS, BLANKETS, TRUNKS, BLONY FURNITURE AND FANOT GOOD. No. 82, QUEEN'S ROAD CENTRAL. Auy Order Prevpily Aatézded J'e. Hongkong, 12th January, 1905,
MITSU BISHI DOCKYARD AND ENGINE WORKS, NAGASAKI.
CODE WORD: "DOCK,"
|
PROBLEMS OF CURRENCY ·
REFORM IN CHINA.
BUGGESTIONS AND RECOMMENDATIONS.
A Shanghai correspondent contributes to the Tones, of July 24th another of the series of article on the Problems of Currency Roform in China. He writes as follows
1 one vertos
of metrology.
•
1
its
до
In previous papers ou this anbject it has been shown that there are no Lxed standards in China for currency or for weights and measures, To student of history will be able to recall a corresponding state of affairs in Europe; but those whose purview is limited to the present can only conceive the condities in Chinn by an elfort of the imagination, by considering the states of Europe to be component parts of one political organization, with its oarroner, pound sterling. franes, roubles, marks, kronor, and florins-combined into can carrehog systom. unt with its weights-pound avoirdupois pound tror, logramme, and paul--forming units When Sir Imac Newton enter on his investigation of the status of the guins, he found that market or exchange rahe ranged from 15 to 20
compradore shillings, the English
shroffs of the day having established a market for the cola as for merchandign: us to result of his ingairy the intrinsic silver value of the guia of gold was fixed at 21 shillings and in a "country receptive of standardiza
fixed, remained effective tion the value so long as guisas were
coined. situation which Nowton found bears some resemblance to that existing in China. in so far as a nuit of the national currency was maile subject to the laws of supply and demand, and ax to validity was conceded to the governmental certificate of exchange value given by the Mint
The similitude, impress
kosover, doos Lot go vary far. To obtain a more exact comparison it's would be necessary to suppose that a contract for payment in gulucas, the plass of myment not being specified, night legaily be fulfilled in full satisfaction of claitas by the fonder of 21 shillings in Lexton, 22 in Liverpool, 23 is Glasgow. 24 in. Belfast, and possibly 19 in Massachusetts Bay, with the further disturbing fact that if, say in London, the paying bank's paying rate would be 21, 3d. It does not do tops too far the exactions of a simile, but this will give to men out of China an idea of Cho intolerable situation which now it is sought to remedy.
CUREMER CLAS TREATIKO.
The
The British commercial treaty of 1902 stipulated that China should take the oceanry steps to provide for a uniform national currency which shall be legal telor. The Americau treaty of 1988 followed suit and made the same alipulation expressed in general terms. Th Japanes with their greater thoroughness
and love of minute prescription, went further, and in their treaty of 1903 provided for uniformity not only of currency, but of wights, and measures as well. As stipulations imposed on China are interpreted on the principle of a ́thes Imefft of all, it will be well to quote the provisions of the Jaganess treaty as follows:
THE HONGKONG DAILY PRESS, MONDAY, AUGUST 28rn, 11:05.
MINING SHARES-Raubs can be placed at $31.
GREGOR & CO.,
34, QUEEN'S ROAD CENTRAL, 1st FLOOR,
OUR
OWN BRANDS
HOME BOTTLED:
Docks, WHARVES, AND GODOWss-Hong- kong and Whampoa Dock Coxapany Shares sold at slightly lower rates, down to $199 ex the dividend of $6 per share, pild on 22nd instant, having been accepted, and at the closo moro settlement shares are on offer at $192, Fenwicks and New Amoy locks are unchanged. Farnhams sold at Tla. 137 cash and Tls, 140 for end of the year, and while each shares wer rather weak at Tis. 137, time shares GREGOR & Co.'s IMPERIAL HIGHLAND WHISKY cannot be got at last paid rates. Hongkong Kowloon Wharf and Gedows Company's shares sold at $100 to closing with Farther sellers at 8100, and harves have rated!
bayers at $99. Shanghai and Hongkow strong not the last Shanghai quotation is Tls. 1921 sellors ex the interim dividend of TIE 6 per share paid on 2rd
instant. LANDS, HOTELS AND BUILDINGS-Hang-
us the English and Dutch, with spoken languages REFINERIES Business in Chica Bugars bas differing as much as Spanish and Portuguese, beau principally for the August settlements, and with the disinclination to change resulting for which event several poople had to unload, from an old civilization built up during a long and avory fair quantity of shares have changed seclusion from outside influences; the Chi-hauds at $232 to 8220, at, which latter rate hayers rule the market. November and nexo think in feet and will not readily
Docomber charas sold at the equivalont of cash think in metres, and it will be usoloss to try to imposó the metro upon them rates. Laizoos are unchanged, at present. In the wealth of standards existing in the Empire, however, it will be easy to tud one bearing a fixed relation to any desired standard, and to impose that upon the nation as
The lengths of local | the "Imperial foot. standards of the foot, of which I have note, range from 100 English inches (0-24 motre). to 214 Eglish inches (54 motre), but they foll generally between the limits of 13 inches (0:380 metre), and 141 inches (358 matm) If a lougth of exactly uro-third of a metre "the (m-333-13123 inches) bo taken as "Imperist" foot I find in my notes 33 standards below and above that length This I recomand mand as the Imperial foot of the future, being as nearly as possible the official land fout of Shang- hai, which is m 0-33512 inches long, but is not In this way now in everyday commercial nec. China will have, not indeed the wastaru unit, but a unit of longth of which the decims mutiples and parts will only love to he tltiplied by three to bring them to equality with the corresponding Western incasares,
The prosent Chinese unit for listance is the nominally measuring 1,500 of the land foot; it is never used as an exact treasure, and in ordinary pariance is the tenth of an hour's march from the foot to the top of Snowiten may be 20, but from the top to the tool by the smug track will be only 10 l. This unit should i loft undisturbed, and there should be
now unit measuring 300 of the Imperial"} foot, in other words, a kilomotre.
AREA, CAPACITY, AND WEIGHT.
!
kong Land Investment and Agency Co's shares so'd at $128 to $130 per share (the last mentioned rate for a small lot only), and there are farther cash buyers at 1261, while a few share might be bud at $129, Kesleon Lands sold at $10. Wost Points have sellers at 6 Hougkong Hotels urn steady at $150 Humphreys Estates have beou done at 812 to $121, and havö large buyers at $12. Shanghai Lands ars quoted Tis,
122.
COTTON MILLS-Shangmi quelations are: Ewax Tle, 1 sales, Internationals Tle. 44 salos, Ianon Kuug Mows Tls 57 buyers, and Sagycless The pressit unit of area is the wow, measur. buyers. Hongkong Cutters changed sug 65,000 square fout. There seems to gool hails at St. reason for ultoring this, basing it, of course, ou the Imperial foot. Reform of the measure of capacity is not part of tributo rice, all sit is used chiefly in the collection and delivery of purchases wholesale and retail, of rice cr of mids, being generally by weight. The nait is the tow, and the me for tributs rice in Kiangsu, province has a capacity of 1 litros (6203 cubic inches). An equivalone, of 10 litres (10.25 cabic inches) for the "Imperial tow is obviously indicated, its tent part, the sheng, nj.
abe of 3 Imperial" inches (0.3. foot) being exactly one litre, aut so becoming the standard of unty for the Imperial" table of capacity,
1 tom 1 shih
as follows:-
10 Sheny
10 to
SUNDRY MANUFACTURING COMPANIES, Hoogkong Electrics are steady at $15 for old are in demand at 87. Dairy Farms Lave been and 1893 for now shares: Boll's Astester Shares
done, but more shares are on offer at 817.
Other
recu Islavels found buyers at $273 and 328, and have small solfers at latter rate. Icas are offering at 97 Ordinary United Ashestos
pany's shares found, i uyers at §9. stocks ntaler this healing ato unobanged.
·MISCELLANEOUS-China Providents sold at $9 to 39.10, elesing steady at S. Hongkong High Level Tramway Shares are wanted at $15. Langkat lave improved to Tis, 170; the following V-legraphic information, dated 16th. instant, has been revived from the Manager in. Laagkat. "Daily aggregate output of crud petroleum $1,000 gallons. erade patroleum in tanks at data 110,000 gallons; New karedite de sings the date of the preceding half monthly telegram 77, ses; kerosing shipped sine 77,000 cases, and kerosine in stock at refinery at late (3.900 cases" Fair nautities of Watsons have changed hands t
Wm. Powalls, old, aro quoted 8114, while salos of the est issue have been reported at $104. Other stocks under this heading are unchanged.
$16,00
CLUB No. 1 WHISKY..
18.00
ROYAL OLD LIQUEUR WHISKY
24.00
TARRAGONA
OLD TAWNY PORT
9.00
11.00
[£5m
HIRANO.
THE LEADING MINERAL WATER OF THE EAST. THE HIRANO MINERAL WATER CO., LD., KODE.
AGENTS: F. BLACKHEAD & CO.
Hongkong, 16th August, 1905.
JAPAN X
MITSUI BUSSAN
COALS.
(1905
KAISHA
MITSUI & CO)
HEAD OFFICE-1, SURUGA-CHO, TOKYO. LONDON BRANCH:-34, LIME STRMET, EC.
HONGKONG BRANCH-PRINCE'S BUILDINGS, Ice House STEGET
OTHER BRANCHES
York, San Francisco, Hamburg, Bombay, Singapore, Seurabaya, Manila, Amoy, Shanghai, Cheloo, Tiantain, Newchwang, Port Arthur, Soul, Chemalpo, Yokohama, Yokosuka, Nagoya, Osaka, Kobs, Kuro, Shimonoseki, Moji. Wakamatsu Hartan, Nagasaki, Kachinotra, Sasebo, Maidmuru Mike, Hakodate, Taipeh, &o.
Tolographic Address MITSUI" (A.B.C. and A 1 Coding)
ratchef, by which the highest notel, is held for and the swoat simplicity of "tea e riako ons " $14, at which figure there are further buy CONTRACTORS OF COAL to the Imperial Japanese Navy and Arsenals and the State
ARTICLE VI.
China agrees to establish itself, as soon as possibin, naystem of uniformuational coinage and provide for a uniform national euersney which shall be freely and as legal tender in payment of all duties, taxes, and other obligation: by in the Chinese Empire. It is understood, Lowever, that all Customs Inties shall continuo to be calculated and paid on the basis of the Haikwna taol,
•A.1, A.BO., and Engineering Ende. Used Japanese subjects as well as by Chinese subjects
NEW DOCK NOW OPEN.
DOCK No. 3.
1-
792 foot 714
Extremo Length...
Length on Bionka.
Width of Entrance on Top.
901
Width of Entrauce on Bottom.
58
Water on Blogs ut Spring Tids
344
DOCK No. 1.
Extreme Length.....
Longth on Blocky
Width of Entrance on Top
Width of Entrance on Eoltom...
Water an Blocks at Spring Tidu
DOCK No. P...
Extrem Length...
Length on Blocks
Width of Entranco on Top
Width of Entrance on Bottom.
Water on Blocks at Spring Tide
PATENT SLIP.
528 fort
513
98
+
26)
and feet.
Ber .Go
Suitable for vessels up to 1,000 tous grosa
THE WORKS are well equipped with PLANTS and APPLI undertaka BUILDING or
LIK SHIPS, ENGINES, and alse ELECTRICAL
LATEST ANCES to REPAIRING BOILDUS, WORK.
...
A LARGE STOCK of MATERIAT is always kept on hand..
The COMPANY as the powerful stramer "OURA-MARU' (712 tous, 700 LILP. specially built for SALVAGE PURPOSES aquipped with necessary year, always ready 13353 Short Notion.
The British Metical Journal vayɛ:
"Benger's Food hes by its excellence established a reputation
at its own.
BENGER
Food
A delicious, highly nutritive and most easily digested Food, specially prepared for infants and for Adults whose digestive powers have been weakened by illness or advancing years. The experience of thou- sands has proved that this Food can be enjoyed and assimilated when others disagree.
A Lady writes Hymonly speaking, Benger's Food" entirely saved baby's life. I had tried four well-known foods, but he could digest nothing, ustil we began. the Benger. He is now rosy and fattening rapidly."
Benger's Food in tins of chemists, ele, everywhere.-
ARTICLE VI.
As the weights and measures wood by the mercantile and other classes for general and comunrcial purposes in the different provinces of China, vary, and do not accord with the standards fixed by the Imperial Government Bounds, thus rasulting in detritcert to the sad of Chiness and foreigners, the Governors General and Governors of all the provinces, after careful inquiry into existing conditions, sha ccnsult together and fix upoa vuiform standards which, after a memorial to the Throne for sanction, shall be adopted and used in all teusactions by oftails-and-people througout all the Empire. Those standards shall be first used in the places opened to foreign trude and gradually extended to inland places. Any differences resulting from divergence betwagn the new waights and measures and thoas now in Togue shall be equitably settled, whether by way of increase or decrease, according to the amount of such difference.
CURRENCY COMMISSION.
1010 10 shil I toa noun tur ton of water), The last unit does not now exist in China, In reforming the weights the tack will not be so simple as for the weusares of length, in which the parts and multiples are all decimal. In weight all parts of the tool and multiples of the catty are decimal, but 16 trels make one catty.
is thus radely disturbed. China, however, "is not required to adopt simplicity, but uniformity; and she is unlikely voluntarily to modify the old relation between the taal (ounce) and citly (pound). If measures of capacity were in comis mon nse, there would be something attractivo in taxing them, as in the metric spetem, sad making a unit of weight the weight of the water contained in a unit of capacity; the catty then, the weight of water in one sheng, being one kilogramme". not be done, and all that can be proposed is to standardize the oxisting weights. The catty on the Customs scale is 1 1:31b. av., as stipulated in the treaty of 1858, or 6045 grummes as stipulated in the French treaty, a difference of 04 gramses or 6 grains. If for the Imper- inl" catty the equivalence of 600 grammes ke taken, there will be an exact relation to the weights of Wostoru nations, which will Loud to further trade. This unit will be of por cont. Fighter than the present Customs catty, and only of 1 per cent. lighter than the general trade catty of Canton; it will be lighter than some fan of the present standardi, but bouvier than most. The "Imperial" tael (one-sixtemth part of our calty will then-be-- 37 5 grammes. * Iv o further article I will deal with suggestions for standardizing the currency.
SHARE REPORT.
This can-
Mosura. Erich Coorg and Co, in their weekly share ist, datod the 26th August, 1005, say: -- During the week under review a very fair amount of business has been done, although most of it has been in connection with the
It may fairly be argued that there has bor no default in carrying out the provision of the forthcoming settloraents. The storing domani British treaty, the necessary stops are being rate on London closes at Is.d., while intos taken in the leisurely waya, of Oriental diplomacy, which believes in the wisdom gai are unog.d. Bariyer in
London is quoted 28-7/16, and Caul quietly digesting a good meal. Did not the Paking Government invoke the aid of the President of the American Republie to doris a means of establishing fisity of auge Did he not appoint a strong Commission del hoe? And did not that Com- mission deligate for the instigation in China one of its members. Professor Jeremiah W. Jenks, Professer of Political Economy in Cornell University? The Commission has enriched the onomic literature of the world by his proposals for the establishment of a caroucy having a fixed exchange relation with the currencies of other countries. He has not touched the.
?
BANK SHARES.-Hongkong and Shanghais hare rated quiet, with bath small sales, at 5010. before payment of the disidond, and at $190 x the dividend of Ct. 154, 0 per share it un change of is 101d815.86.67 per share paid ho closing quotation is $890 sellers, ad London quotes 987 153. Ud. ex dividend. Nationals coulians in domsad at
on 27s! instant.
$38.
been deas at Stan, and are in request now at MARINE INSURANCE SHAKES.-Unions havo
8760. In China Trades a fairly extensiva business has buen transacted at rising rates, question of the internal currency of the Empire from 870 up to $80 per share, sul more slures -that was perhaps cotaide his province-and it may be declared at once that no reform can
could be placed. Cantons sold and have buyers Yangiszes and North Chinis be effective which do not treat the Chinese at $355.
unchanged. currency question as one undivided whole, but
FIES INSURANCE SHARES.Hongkongs which!
foreigner's carrency and tho freats the
weakered, solling us low as $323, but at the Chinaman's currency as w
disticat entities,
cle thera ato no sollara, under. $330. Chinas theraby not: abolishing the exchange question sold at 8841, and have further inquiries at 824. hut only transferring its incidence from the outer frings of China's business operations to the funer face of that fringe. The effect of this would be that the banker's or Tooney changer
profits from exchange operations - tween gold and silver, as distinguished from profits from deamed and supply of negotiable bill, would go to the Chinese, and unt, 49-in
the past, to the foreignar.
To carry out the provisions of the Japanese treaty will require much more defined action, and the Peking authorities bare boforo them the choice of two alternativos-either to wait until Japan finde time on her bands in which to guide thoir faltoring steps in the predestined way, cr themselves now to enter boldly upon that way. The problem is to standardize both
L currency and measures, and it may be ensideral | under threo heads-length (including area zai-
unpacity), weight, and sorrency.
STANDARDIZATION OF LENGTH
All the progressive nations of the Western world except two have adopted the metre as the standard of length. The opportunity now presents itself, in giring Chin one uniform standard of length, to give her at the same time one which will bring her into commercial union with the outer world, with Continental Europe and Fouth America in the present, and with the
and United England
States of the immediate fatare; aud. fortunately for the attuiament of this ond, China has already purely decimal system in her table of leagth. Si fetais rez, and if China were the size, say, of Ireland, it would be easy to decres outright. the obvious, rational, economical nuit, the metra. Chino in a vast country, with races us differant
are wanted at the
SHIPPING SHARES-Hongkong, Canton and Macao Steamboat Shares changed owners at $24, and a for more are wanted at that
tigura. Indo-Chinas have been put through at S6 to 505 cash and end of the month, and more shares Lower dosud 394; the London rate has advanced to rate, while bolders
£10, while Shanghai has advanced to bavers at Star Ferries are unchanged. Steam Water The 67. Chian and Manitas, Donglases, and beats can be placed at 814 Shells are noted. 21. Od., while the London quotation is 21s, Ca.
SPECIAL APPOINT
HIB MAIGHTT THE RINE
W.WHITELEY LTD.
Universal Providers, WESTBOURNE GROVE, LOKDON, W. THE BIGGEST STORE IN THE WORLD.
HIGH QUALITY. MODERATE PRICES, PROMPT ATTENTION.
General "Illustrated Chialogue (1210 pages), ot any Departamentul List sent fena to bond fide Bgpileants.
8×
CLEANSE YOUR BLOOD"
WITH GRIMAULT & COS SARSAPARILLA
The original sar saparilla, recom- mended for the last 40 years for lymphatic disease, eruptions, boils, and all disorders of the skin.
GEIKAOLT &014 6, rue Vivicare, PARIS
1101
NOTICE TO KOWLOON RESIDENTS
STRA COPIES of Daily Press are en 1 sale daily at Mr. AH YAU'S FERRY WHARF STALL. Priso 15 cents per "copy ash.
Hongkong, on December, 19-13, _-
Railways; Principal Railway Companios and Industrial Works; Home and Foreign Mail and Freight Steamers.
SOLE PROPRIETORS of the Famous Mike, Tagawa, Yamano and Ida Coal Mines; and SOLE AGENTS for Hokoka, Hondo, Kanada, Fujinotana, Magda, Muanours, Onoura Otgaji
Basibaru Taubskaro, Yoshinotani, Yoshio, Yunokibars, and other Coals.
8. MINAMU, Manager, Hongkong.
1
It pays you to buy the best,
& the best of all cocoas
Van Houten's Cocoa
Try it.
It is a pure soluble cocoa with a delicious natural.
flavour which you cannot fail to enjoy.
"Pure and unmixed."-THE LANGET.
"Perfect in flavour. Pure and well prepared."
-BRITISH MEDICAL JOURNAL.
"A perfect beverage, combining Strength, Purity and Solubility."—MEDICAL ANNUAL
BEST & GOES FARTHEST.
DINNEFORD'S
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Some of the Special Advantages possessed by
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Sufcat and most Gentle Medicine for Infants, Children, Delicate Feraales, and the Sickness of Pregnancy,
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Allenburys Foods
The Milk Foods chsely appradmate in ebroposition to, and are as many of digestón as Enteral Nile.
· They provide à pertest det lor the formaties of firm flean and wiring hone
The Hill Funds are abielutely free from any marious germs, and hence are far superior to con's colla us
obtained in towns, especially lu nat wesiber.
No diarrhea, digestive or staunch troubles need be feared from the use of the "Afroburys" Foods.
The "Allanborys" Foods are three in mumbne, and so graduated as to provide the masimum amount of nesakat –
mata that the child is able to digest at the period of life for which the fonds are respectively recommended.
MILK FOOD - No. 1
For Infant from birth to three months of age. MILK FOOD No. 2 For Inals from three to six months of age. MALTED, FOOD No. 3 For infanis of six months and upwards.
Allen &Hanburys Ltd..Lombard St. London.Eng. AT FREDING
RED MANAGSSCENT, Frest.
T
£81
NATAL LINE OF STEAMER?...
THE Undersigned GENERAL AGENTS in CHINAEnd JAPAN for the above. Lite are prepared to inace THROUGH BILLS OF LADING for all the principal ports in. SOUTH AFRICA, in connection with Inno. CHINA STTAM NAVIGATION Co.'s fortnightly service hence to CALCUTTA, Radingy from CALCUTTA for CAPE PORTS every forti ight.
For Freight and further particuls) 8,
spply to
DODWELL & CO., LIMITED. General got for Chins and Japan Hongkong, 4th August, 1898
MAI
AP OF THE SIKLANG or WEST
RIVER
From HONGKONG to WUCHOW FU, Showing the Ports and Calling Placce Opened to Foreign Trade, 1897, Published at Daily Press Office. Price 25 Cents: Cash, Hongkong, let april, 1897