BISHI DOUKYARIT BITSU
AND ENGINE WORKS, NAGABAKI.
CODE WORD: "No^K."
A 1. A.DC. and Earingsvinge NEW DOCK NOW OPEN.
DOCK: No. 3.
Dred
BANKS
HONGKONG SAVINGS BANK.
HR Business of the above Bank is oond so
tod by the HONGKONG AND BBANG
HAI BANKING CORPORATION, Role: may be obtained on application,
INTEREST on deposits is allowed at 34 PER CANT, por sanum,
Depositors may transfer at their optin balances $100 or more to the HONGKONG AT SHANGHAI BANK L be glaond or FIXED
DEPOSIT at 4 PER CENT, por annuın.
For the HONGKONG AND BHANGHA
RANKING CORPORATION.
J. R. M. SMITH,
Extreme Longth...
722 Keol
Length on Blockя
714
Width of Batrance on Top
961
Width of Entrance on Bottom...
881
Water on Blocks at Spring Tide
$41
17
Hongkong, 1st May, 19
DOCK No. I.
Extreme Langth...
L
Length on Blocks
5. EDA1. 513
83
+ *
Width of Entrance on Top
Width of Entrance on Bolton...
Water on Blocks at Spring Tida
LUCK. No. 2.
264.
Extreme Longth...
**
நரக்
Length on Blocks
371 fool. 35L
Width of Entrance on-Top.
66
Width of Entrance on Boftoma
53
Water on Blocks at Spring Tide
PATENT SLIT.
Suitable for vessels up to 1,000
LATEST
THE WORKS are well equipped with PLANTS AT APPLI- ANCES 10 undertake BUILDING REPAIRING SHIPS, ENGINES, and
BOILERS:
WOLK.
-and also
ELECTRICAL
A LARGE STOCK of MATERIAL always kept on hand,
The COMPANY kas the powerful steamer "OURA-MARU" (712 tons, 700 HP. epocially built for SALVAGE PURPOSES equipped with neccesary gear, always ready Short Notice.
BANKS
135
DANKING
INTERNATIONAL BAN
CORPORATION.
Fiscal Agonis of the United States in Ch
the Philippine Islands and the Republic of Panama, CAPITAL AND SURPLUS
AUTHORISED
...Gold $30,000,000 CAPITAL PAID UP... ...Guld $3,250,000 RESERVE FUND
Gold $3.250,000 HEAD OFFICE: New York. LONDON OFFICE: Thrend neodlo House, E.C. Branches and Agsatz all over the World. LONDON BANKERS. NATIONAL PROVINCIAL BANK OF ENGLAND LIMITED,
UNIOR OF LONDON AND SMITH'S BANK, LIMITED,
BRITISH LINEN COMPANY BANK.
The Corporation transacts every description of Banking and Exchange business, receives xooney in Current Account and accepts Fixed Deposits at the following rates
:-
For 12 months. #5 per cent per annum.
ti
3
"
51
3
H. PINCKNEY,
Manager. Hongkong, h september, 1905,
$, Queen's Road, Central,
Chief MannoAT.
24
EUTSCH-ASIATISCHE BANK. CAPITAL FULLY PAID Ur...Sh. Tuela 7,500,000
HEAD OFFICE~~~SHANGHAI, BOARD OF DIGESTORF, BEELIN.
BRANCHERI Berlin, Caloutte, Haskow, Paking. Tiantain, Taianafu, Tsingtau, Yokohama,
Founded by
the following Banks and Bankora "Koeniglich SEEHANDLING (PtZESSIsOur STAATSHANE). Berlin.
DiRACTION DER DISCONTO
GESELLSCHAFT
DEUTSCHE BANK
S. BLEICHROEDSK BEELINER
HANDELS.
GESELLSCHAFT
>
Berlin.
BANK FUER HANDEL UND
INDUSTRIE
ROBERT WARSCHAU ER & Co. MENURIANOнn & Çɔ.
M. A, VON ROTHSCHILD &)
BOEHNE
Frankfurt
JACOB S. H. STERN NORDDEUTSCHE BANKIN HAMURO, Hamburg BAL. OFTENHEIM, JR., & Co, Koeln. BAYERISCHE HYPOTHEKEN-UND WECHSE
BANE, MUENCHE.
THE HONGKONG DA'LY PRESS, THURSDAY, APRIL 12ræ, 1908.
LONDON BANKERS: Meesra, N. M. KorasoKILD & Rom THE UNION OF LONDON AND SMITH'S BANK, LIMITED. DRUTSCH BARK (BBBLIN), LONDON AGENCY DIRECTION DEL DISCONTO GESELLSCHAFT. INTEREST allowed on Current Ascount, DEPOSITS, received on terms which may be learned on application. Every description of Banking and Exchange basinass transacted, HUGO SUTER,
Acting Manas or. 27 Hongkong 14th March 1900.
THE
FISCALITIS IN JAPAN.
parallel <cases with shat of. Japan; - because hers things must be imported before they can be exported at any rato, an regarde any materials into which iron caters.
Mr. Blake remarked that Japan had raised her tariff three times willin the last threo years.
The Chairman:-The Japanese should es- tablish factories: that is what the country chairman said it should also be noted that the wants-a stimulus to factories. Proceeding, the
protection to privato enterprises they should do, Japauren Government was not giving that rate as when a thing began to pay well it
FOUR HUNDRED MILLION SUBJECTS.
The chief interest in the annual meeting of the Yokohama (Foreign) Chamber of Commerce was the Chairman's opinion is that too much and too long credit is giren; and the following discussion on free trade and protection. Mr. C. V. Bale said: We have been considering the facts emerge from the recent considerations of past; let us cast a glance at the future.
influenca apon the course of traile. One is the which must hara sa importaat the Diet payment due for interest upon and redemption of foreign loans, for which a sum of probably wished to monoplise it. Y70,000,000 or Y$2,000,000), 3d possibile evan Y100,000,000, will be required annually for some years to come, and the other the outs oken declaration in favour of a prot-otivo tariff. How is Japan to find the Y89901000 or ¥100,000,000? It can ot be paid in gold, When Mr. J. Chamberlain roigued supreme because there is no gold production worthy of at the Colonial Office, he expressed a desire mention it cannot paid by increased that the British Empire should be numbered, agricultural pe duction, because it is no longer not only in area but also in population. The conaus took place in 1901, possible for Japuu to feed her rapidly increasing usual decadal population. There duly regates the possibility, and the returns for the Empire have at last there is to be great suffering and distress, bean made out, with the result that we are of increasing the export of manufactured or informed the aren is 12,000,000 square miles partly manufactured goods. The urgent seed and the population about 40,000,00. Reuter of the situation is not, however, the encourage-in wiring the information, neglected to ment of manufactures to be consumed within the insert the word about, though the States- Empire, to be exchanged within the fmily; men's Year Book last your gave the unmber that is a policy which
may
reliable in
in respect to pupulation, whatever when based upon great nuural to 353,165,494. Anyhow, the return is no- great national wealth, but it ja is the may be said of its accuracy in point of acos,
What we
really need for, as the census was taken in 1901, it is nature of a luxury. is
of the
womber with manufactures very evident that by 1906. encouragement which can be exported, an sold to foreignerused or daressed by many millions; but, in hundreds of millions, the total must have countries in exchange for the cash of these
resources Dr
*
foreign countries. Judging from the tariff as a matter of fact, we have reason to believe proposals approved by the Dist, there would there has been a decrease or rather a falling off seems to be an opinion that a similar result may in the rate of increase. This poputation includes be obtained by adopting a protective tarif, representative of practically every race, creed, 50 encouraging home manufacture, while dis-Inguage, aud cast. An effort has been wide Whatover may be the to conform as closely as possible to the conens contaging imports. respective merits of free-trade and of protec. na carried out in the United Kingdom.but exact large and early souformity is impracticable, and if attain il tion, there is no doubt that increase in exportable manufactures will depend would be to a considerable extent illusory The a/M.apon reducing as much as possible the cost of usefulness of each a compilation must always production, while at the same time increasing is in its broader results, since details about the efficiency of the producer. The cost of occupations, marriage conditions, illileracy, production is influencoil by the rats of wages, and so forth, winst refer to nalterable conditions and the rate of wages by the price of food, so various and so widely different from those clothing and housing; the cost of all these obtaining at home that the establishment of neosaries must, so far as Japan is concerned. suparticial niformity in returns mast toad to he increased by the imposition of a proicative mislead the unwary rather than to assist the tariff, and the burden of these increaseÏccats will student. Still in regard to colonies mainly
mon by fall incat heavily, proportionately speaking. inhabited
OnT OWL race, greater заров the worker, and to that extent make aniformity would be neful and is therefore Lim umble to produce exportable goods at desirable. The Registrar-General accordingly a price to meet competition Thefficiency suggests that, in order to make the Imperial of the producer can be increased by the cansus a better basis for comparative sociology, provision of the best machinery, by extending it might be desirable to arrange for a conference and perfecting the means of communication, between representatives of our colonies at home sad by organised methods of work. Under & for the purpose of disen sing the ential points Foligy of comparative free-trade Japan's of difference and of reaching, it possible, some foreign trail has increased from £12,0 0,000 in agreement that would make the tabulated 1885 to £50,000,000 in 1985 an increase of results more homogeneos. That suggestion 05,000,000). During the same period Great ought to be noted upon in time to make the Britain under her free-trade conditions, and results of the conferencs available for the census in spite of vn unparalleled competition from the of 1911. We have not received a copy of this other great antions of the world, has increased Imperial coneug yet, but we gather from a bor foreign trade from £6+2,100,000 to over contemporary that the King has in Asia more £950,000,000-az increase of over £300,000,000, than 300 millious of subjects; in Americ1 73 The positions of the two countries relative to millions; la Africa about 3 millions; in their veighbours are much the same, and many Australasis over five millions; and in Europe of the conditions are prullel. The lesson seems over 42 millions. Classifying them broadly by plain, the developments which have taken place religions, there are 208 millions of Hindus, under a comparatively free-trade policy are 94 millions of Mohammaduns, 58 millions an indication of the means to be employed for of Christians, 12 millions of Buddhists, still further industrial growth. Liberty tim. and 23 millions of various pages or non- port freely whatever may be required, whether Christian religions. It should be said that capital, machinery, materials cr manufactures, this last item represents a very wide genamliza- liberty to choose from what the world is willing tion, since it containe Parsis, Sikhs, Jaine, Jaws, to offor in these directions and to ntiliss it in and Confucians, as well sa very primitive forms this country thons productions for which the people of the of superstition. Every attempt country are best suited both by nature and to add a column for religions to the cen
raturns has been met with an opposition hitherto environment and for which a ready market can rati
OKOHAMA SPECIE BANK
LIMITED,
ESTABLISHED 1880.
CAPITAL SUBSCRIBED
CAPITAL PAID-UP......
CAPITAL UNCALLED...... POLPATA Fown...... SPECIAL RESERVE FUND
Teo 24,000,0 J
18,000,000 6.000.000 10,300
1,000,000
#
11
H
+
BRANCHES. AND AGENCIES.
Kotm Lyons
HEAD OFFICE-YOKOHAMA.
262
Tokyo
Orka
London
Sen Francisco
Shanghai
Konclula Tientsin Taking
Dalny
Choloo
Nagasaki New York Bombay Newokusog Makden Tie-ling
HE BANK OF TAIWAN LIMITED
THE
(INCORPORATED By SpectʻL. IMPERIAL
CHARTRE
CAPITAL SUBSCRIBED. Yaa 5,000,000 Capital Paid-OF
2,000
13
HEAD OFFICE: TAIPAR, FÖRMORA.
Amay
Auping
Foochow
Keelang
BRANCHES AND AGENC19A:
Koky Nazmaki
Osaka
Shanghai
Tuinen
Tamcoi
Tokio.
Yokohama
HONGKONG OFFICE :
3. DES VICT ROAD.
Interest allowed
Port Arthur
LONDON BANKERS.
F LONDON JOINT STOCK BANK, LIMITRÍ
PARE'S BANE, LIMITED.
TAR UNION OF LONDON AND SMITE) DANI, LIMITED.
HONGRONG-INTEREST Állowed. Ou Current Account at the rate of 2 per cen per annum on the daily balance.
On Bred deposite for 12 months 511, poraz.our
+1
Current Account.
I
Deposita received on terms which may be learned
on application.
8. SHIGENAGA, Maneger. Dongkong, 1st Novembar 1904. 12478
נן
H
17
5
41.
D
1.
TAKEO TAKAN Ion"
Hongkong, 27th Mrob, 1908.
Manager.
[613
GREGOR & CO.,
19, QUEEN'S ROAD CENTRAL, 1ST FLOOR.
J.R.D. Plain
WHISKIES.
CLUB No. 1
$18.00 Per Doz.
·ROYAL OLD HIGHLAND
24.00
11.75
34.25
[38-34
J.R.D. * *
Careful Attention
should always be given to the teeth, not merely because clean, white teeth form so val- uable an ornament to everyone's appearance, but also because they must be kept fit for the per- formance of their primary function-mastication.
Calvert's Tooth Powder
Cleans the Teeth
easily, pleasantly and thoroughly, as its enormous sale all over the world clearly shows, leaves the mouth deliciously refreshed, and fulfils the requirements of modern hygiene by its antiseptic value.
Seld by all Total Chemists and Storrs. Made by F. C. Calvert & Co.. Manchester, Eng.
867-1
be found abroad. The object of the remarks successful. It would seem that a large part of THE OLIVER TYPEWRITER.
is to lead your attention to a subject worthy of serious consideration and study. Personally, I am of opinion that until our exports have been increased to a considerable ex'ent, we must look forward to a period of difficult trade (up. plause)
I think you said Japan's The Chairmak trade had increased by twelve millions during the past ten years under fres-trade?
Mr. Sale: Comparatively free-trade. "The Chairman: Bat during the last three years there has hardly been free-trado.
Mr. Sale: That may be ao; but during the last two years there's been practically frvo-trade, The Chairman: Do I undora'and from your remarks that you advocate free-trade in this country?
Mr. Fala: Yes,
The Chairman: I don't biak il can be successfully carried cul, for two reasons. There are two great obstacles in the way. First of all, there is the absauce of iron, and second there is would only tend to increase imports, which would rush in.
THE CHARTERED BANK OF INDIA THE MERCANTILE BANK (Fabrence of money. If you make free-trade it
AUSTRALIA AND CHINA.
NCORPORATED BY ROYAL CHARTER 145
TINAD OFFICE-LONDON.
CAPITAL PAID-UP...
RESERVA LIABILITY OF SHARE-
HOLDELA..pamez
RESERVE FUND....
„2800,00
„£800,000 £875,000
INTEREST allowed on Current Account s the rate of 2% per annum on the Daily balance: Du Fixed Deposits for 12 months 4 per sen
INDIA, LIMITED.
AUTHORIEND CAPITAL..........£1,500,000
SUBSCRIBED.
1,125,000
PAID-UP LLESTROL $62,500 110,000 RESERVE FOND
BANKBILST LONDON JOINT STOCK BANK, LIMITED.
INTEREST allowed on Current Accounts al the rate of por sunum on the Daily balan, OR FIXED Daros178 — For 12 months......
"
31
3
6 3
"T. P. COCHRANE.
Manager, Hongkong, 18th May, 1905.
"
114
E. ORMISTON, Maunger. Hongkong, 26th March, 1906.
21
Mr. Sala: They will only rush in if they are required. If you look at the grots Javau imported during the last four years you will find tint the
majority of the articles are materials required for manufactures, and they are increas ing all the time. There is very little in the exports of Japan which may be classed as articles of luxury,
The Chairman: To give an example of the result of a high protestifs turiif. takes the case of kerosene oil, of which I have some knowledge. The fact of protecting Echiga til has affected imported kerosene oil to an enormous extent. It has helped the refiners. They have been able to improve the refineries, to make mener by the Bale of their oil, and the increase in their trade during the past few years has been phenomenal;
our population are possessed by an unaccount- able reluctance to declare the faith that is in them. There does not seem to be much of this singular reticence in other portious of the Empiro. There is no difficulty in getting people to my what their religion is, but there is a good deal in classifying them after the inf
Formation is obtained. People have the courage to declare themselves Calathumpisu, Canopist, Hoke. Hylozoist, Tipor, Thesian, Sang Quong, Millennial Dawaite, and so on. Their particular fancies make good reading, but they are apparently so distracting to a serious statistician as rather to spoil his Lumorous enjoyment. Even among what be hesitatingly describes minor Christian 6ncts, sach titles as Dipper, Tanker, Forward Movement, and Tolstoranian Christian must cause misgivings. The attention of Mr. Borns, to whom the return is addressed, is directed to that portion which shows that at least a million and a quarter of Chinaton are reckoned among British subjects. If he will pursue the line of inquiry thus suggested, he will learn from other, though not more recondite, sources of information that these Chinese are exemplary subjecte, merchants, bankers, and conuiry gentlemen, us well as industrious and efficient workmen.-Stra:le Times.
45
THE PORCELAIN INDUSTRY IN
HUNAN.
JAPANESE EXPERTS ENGAGED, At Liling in Husan there are fouad large deposits of clay which is excellent for the uuufacture of porcelain. But the native methods of manufacture are so crude that it is difficult to find markets for thoir China wares. Recently an official, Hung Ping can by name, went went specially over to Japa investigata into the scientifle wetheda of porcelain mant- facture, taking with him samples of the Liling Mr. Sale: That may be wo to a certain er'est.
slay The olay having proved of excellent The prosperity of Echigo may be dna to a pro- quality by assaying and testing, Hung went ective duty, but part may be daste the freuthat the ok to Hanan, and at onse took steps merchants have increased their plant, machinery, manufactare porcelain modern and approved and appliances, and their means of transport raothunds. He petitioned the provincial officials have
if there were froudom to to appropriats the sam of ten thousand taels lay down imported machinery and to take steps for starting the industry, and with this capitel to improve the industry Japan would progress he engaged a Japanese porcelain export and faster than she has done.
HONGKONG & SHANGHAI BANK NEDERMAATSCHAPPIJANDEL and that is entirely due to a protective duty.
PATD-OF CAPITAL,
RESERVE FUND
...$10,000,00
STERLING ResERvs.....$10,000,000
---
9,500,000
BILVER RESERVE
-$19,500,00 RESERVE LIABILITY OF PROF'TORE,$10„Ú18),(1
COULT OF DIRECTORS,
A. HACPT, Baq,--Chairman. Hon. Mr. C. W. Dicksos-Deputy Chairman. E. Goetz, Esq.
N. A. Sieos, Esa
C.R. Lanzmann, Esq.
G. H. Medhurst, Esq.
D. M. Nissim, Ego.
A. J. Raymond, Esq.
Hon. Mr. R. Shewan
H. A. W. Stade, Esq.
H. E. Tomkins, Esq.
CHISE MANADER Hongkong-J. R. M. SMITH
MANAGKL: Shanghai-H. E. R. Hunter.
LONDON BANKERS-TONDON AND COUNT BANKING COMPANY, LimitEŃ,
BONGBONGINTEREST ALLOWED, On Current Account at the rate of Twe pr Cont. per Annum on the daily balance.
ON FIXED DEPOSITS.
For 3 months, 2 per seat. per Annum. For 6 months, 31 por cont. por Annum, For 12 months per cent. per Annum.,
J. R. M. SMITH,
Chief Manager. Hongkong, 4th April, 1906.
21
(NETHERLANDS TRADING SOCIETY), Establ498ed 1824.
PAID UP CAPITAL FT. 45,000,000 (£1,200,000) RESERVE FUND [Fɛ, 5,000,000 (£437,000).
and
two
to
HUAD-OFFICE IN AMSTERDAM. HEAD-AGENCY: BATAVIA.
overseers to come to Hugan to trach the Branches-Singapore, Penang, Shanghai, The Chairman: I wish the Japanese would Chinese the art of porcelain manufacture. Rangoon, Semarang, Sourabaya, Cheriton, take your point of view. Bet I am afraid that,
Tasceren. Tjilatjap, as you say, a
A few days ago the Japanese expert arrived a hundred millions will be required with the two overseers, and work was begun at Tegal. Pecalongan, Padang, Medan (Deli), Palembang, Kotu to pay off interest on loans--and where is thal
Once. It is reported that the Governor of Radja, (Achoon) Telok-Somawe, (Achoen) to come from. They may tax imports for the Hunan has asked the Shanzps to grant a filteen Bandjormasiu
purpose, at em afraid their methods are not yours monopoly to this company. Correspondents Macassar, Bombay, good enough for that. Of course they have Colombo, Madras, Pondicherry, Calcutta, opied America. Bangkok, Saigon, Haiphong, Hanoi, Amoy, Yokohama. Kobe, Melbourne, Sydney, New York, San Francisco, &c., &c.
at
LONDON BANKIKSI —
THE UNION OF LONDON AND SMITH'S BANK, LIMITED.
The Bank bays and sells and roccives for collection Bills of Exchange, isenes letters of credit on its Branches and Correspondents in the East, on the Continent, and in Great Britain, America, and Australia, and transacts Banking Business of ovary description,
41
INTEREST ALLOWED.
On Current Ascounts 2% per annum on daily,
balances. Fixed Deposits 12 months 44% per annum.
6 do. 4% do. 3 do. 34% do.
L. ENGEL, Ageat.
FL
do. do.
Hongkong, let March, 1906.
1520
Mr. Sale: America is not a parallel country, for her resources arm so great. Shs has fre- trade within her own borders. It is not a
Apollinaris
"THE QUEEN OF TABLE WATERS,'
HAS BEEN AWARDEN
HOW TO BE Beautiful-Keep your com- plexion, Mrs. Ellen's Crème Churmant, Lai: Churmant and Special Skin Tonie and Pondre Charmant will enable you to do it. Har The Royal Prussian Specialities for the Skin are the study of a lifetime, A. S. Watson & Co., Ltd., Sole & gents.
MARTIN'S
731
APIOL&STEEL
for Ladles PILLS
Pranas Bemedy for all Irregularillón: PrintsNÁL J
leony bas of Martin a 1792ka Tin nhw oven, machal bei việ › Gystém u Kisely done med De salinin labore). Thõsă v Saran ermons gala, di sitúPhamiaba and isovas or y
REAGIRALA. Obertes BOUTHAMPIGN
State Medal, 1902
AND THE Gold Exhibition-Medal,
Düsseldorf, 1902 GRAND PRIX, St. Louis, 1904.
Annual Sale 30,000,000 Bottles
827-S
OLIVER
STANDAR
VISIBILITY.
SIMPLICITY.
DURABILITY.
UNRIVALLED FOR DUPLICATING.
WRITING IN SIGHT.
UNIVERSAL KEYBOARD. GRANT & LESLIE,
General Agents for Hongkong aud South China 14. Das Vœux Road Central.
Dandrealf le a contagious disease contred by a microbe.
GOINGI
GOING !!
GONE!!!
22
Y
EXERRICIDE MILLE KATE IT,
HERFICIRE WILL SATË VË.
DON'T CRY FAKE Chronic baldness is incurable bat les fore
The mere mention of "hair remedy" throws sŪNG men to a tit of treasonable incredulity. It is te that before the lerable origin of balóness | was discovered that most hair remedies werk
Drug Storez, $1.00
TOO LATE FOR HERMORE, worthless, but not many of them ware designedly
runners, dandruft, itching scalp and filling Dair can be cured by stopping the aferable growth with Newbro's Herpicide. It prevents reinfection. Money back if unsatisfactory. "Delightful hale dressing Stops liching of scalp instantly.
NEWBRO'S HERPICIDE
The ORIGINAL. remedy that "kills the Dandruff Gorm."
A 8 WATSON & Co.---Rosakoan, SPECIAL AGENTS.
Applicatinge at prominent barber shops.
VISITORS TO
106
7
WALTHAM WATCHES
CANTON.
Should purchase PROM HONGKONG, TO CANTON
BY THE PEARL RIVER."
CAPTAIN C. V. LLOYD (8.8. "HANKOW"
With Illustrations, Maps and Plans.
Pries
BY
31.9
On Sale
Jongkong: "DAILY PRESS Office,
Mesra KELLY & WALEH. MASETS. W. BREWER & Co. Canton: Messra. A. S. WATSON & Co. Hongkong, 4th October, 903.
12,000,000 of these watches now in use. All Waltham watches are guaran... teed by American Waltham Watch-
Co., the largest watch movement manufacturing concern in the world.
62-3
[785