Page
BANKS
BANKS
THE HONGKONG DAILY PRESS, THURSDAY, SEPTEMBER 19ra, 1907.
T
THE MERCANTILE BANK OF THE BANK OF TAIWAN LIMITED-
INDIA, LIMI FED,
AUTHORIBED Capital i
PAID UF
LONDON JOINT STOCK BANK LIMITED-
(INCON FORATED ET SPECIAL IMPERIAL
CHARTER
CAPITAL BUZSURIDEDTM ........... CAPITAL PAID-UP
FUNNELS AND FLAGS.
Botore Commander Bil R. H. Taylor, R.N., Marine Magistrate, at the Marine Magistrate's Court yesterday, Constable Downie prosocated the master of the licensed steam faunch Lee Chow for unlawfully allowing his launch to * Yen 5,000,000 discharge salt fish in the southern fairway, 3,750,000thereby causing an obstruction. Defendant said the innach-was-charte ed, and the abarteror ordered him to stop in the fairway. His Worship said it did not matter who told defen dant to break the law. Aq coxawain of the launch his actions were in his own hands. He must therefore pay a fine of $50, or go to jail for one month,
HRAD OFFION: TAPES, FORMOSA:
SOASCRIBED
RESERVE FULD
14
་
..£1,500,000 1,125,000 582.003 170,000
------BANKERS ------- -- -
INTEREST allowed on Current Accounts at the rate of 2 per cent, per annum on the Daily balance.
Branorms and AGENCIES!
my Auping
Koba
Nagasak
ON FIXEL EEPOSITS:
Poochow
Oras
For 12 months
4 per cent.
For 6
34 per cent.
Keelung Swatow
Shangbai
Tainan T'amati Tokio Yokohama
For 3
24 per cent..
HONGKONG OFFICE:
EVAN ORMISTON, Manager.
Hongkong, 30th April, 1907.
- THE
7OKOHAMA SPECIE BANK
LIMITED.
CAPITAL PATD-UP Yan 24,000,000 RESERVE FUNDI
BRANCHES AND AGENCIES.
Koha London
Bombay
Chefoo
Tientsin
Tokyo
Ozal Nagasaki
Lyons Now York San Francisco Honolulu
Hankow Peking
Shanghai
Nowchwang
Dalay
Antung
Lioyang
Chang Chun
Tisling
3. Dre Vœux BOLD. Interest allowed on Current. Aexan' Deposite received on forms which may be on application:
D. TOHDOW, Manager, Hongkong, 5th April, 1907.-
842
ANKING
【NTERNATIONAL BAN
CORPORATION.
RESERVE FUND.
rates. A circumstance which possibly has a bearing on this new departure is the inclusion of seamen in the Workmen's-Compensation Act. This legislation means some increased expense. It would be greater still bat for the extraordinary safety of liner traffle. Con- tractors for various operations in connection with abipping have, however, legislation intu susunt. in fring varions to take tho'new charges. But the main cause of the present. action is, without doubt, that general rise in prices.to which so many chairmen of steamship companies have been compelled to advert in recent speeches as accounting for heavier expenditure.
BRITISH COMMERCIAL ATTACHES
AND AGENTS.
Tilewellyn Smith on the System of British A report by Sir Eldon Gort and Mr. Commercial Attaches and Commercial Agente has been published as a Parlimentary Paper
Cd., 3610 After referring to the defects in the present arrangement, which have been frequently and widely discussed, the raport
*says:****
لا
An interesting event in relation to "the suggestell All Red" route is the placing in. England, by the Union Steamship Company, of New Zealand, of an order for 16 koot steamer for the carriage of mails and passengers between
Vancouver and Australasia. As there was a good deal of talk at the recent Colonial Conference of a spoed of twenty knots and more being possible across the Pacific, the views of an experienced and enterprising steamship company are worth noting. The real difficulty, of course, lies in the coal consumption requisite ben strictly defined. They consist in watching The duties of Commercial Agents have never for sustained high speed during what, a com- and reporting on the commerce, industries, and o P. and prodmeta of special districts, and in answering Aanther shipbuilding iteta, is a long voyage. O. Company, which has just received tendere inquiries on commercial subjects. The expecta- for two new mail and passenger steamers They tion that British firms would allize their are designed to meet the requirements, of the services for the purpose of conducting special company's now mail.contracts. The new bonis, larga uziber of applications for commercial- fairies at a distance has not been realized. it is understood, will-be-of-the-Mcoltan class, information have, however, received attention.
LA but will considerably exceed 10,000 tons gross.
The present arrangements for Commercial Agents are entirely temporary and provisional, and we can see no reason why their fonctions should not be equally well discharged by the Consular Staff, strengthened, where necessary, for the purpose.
Fiscal Agents of the United States in China, pared with the Atlantic trip, is a 11,550,000
the Philippine Islands, and the Pepublic of Panama. CAPITAL PAID UP
Gold $3,250,000 about Max. 85,900,00) Gold $9,250,000, about Mex. 35,900,000 HEAD OFFICE: 60 Wall Street, New York, LONDON OFFICE: Threadneedle House, B.C. Branches and Agents all over the World LONDON BANKERS: BANK OF ENGLAND. NATIONAL PROVINCIAL BANK OF ENGLAND LIMITED,
Port Arthur Hakdoa
HEAD OFFICE-YOKOHAMA,
HONGKONG-INTEREST ALLOWED.
Of Current Account at the rate of 2 per cent per annum on the daily balance.
On fred deposite for 12 months 57 per annum
R
"
4%
TAKEO TAKAMICHI, Manager.
Hongkong, 6th April, 1907.
560
NEDERLANDSCHE HANDEL
MAATSCHAPPIJ.
(Netherlands TRADING SOCIETY). ESTABLISHED 1824.
- PAID UP CAPITAL Ft. 45,000,000 (£3,750,000)
REBELY FOND FL. 5,000,000 2417,000
HEAD-OFFICE: AMSTERDAM. HEAD-ACNOY BATAVIA. Branches-Singapore, Penang, Shanghai, Rangoon, Samarang, Soarabaya, Choribon, Togal, Peolongan, Pasoeroean, Tilatjap, Padang, Medan Doli), Palembang, Kota.. Radja (Auheen) Bandjermsain.
Correspondents at Macassar, Bombay, Colombo, Madras, Pondicherry, Calcatta, Bangkok, Saigon, Haiphong, Hanoi, Amoy Yokobema, Kobe, Melbourne, Sydney, New York, San Francisco, &o, &o.
LONDON BANKEES; --
THE CAPITAL & COUNTIES BANK, LIMITED,
BRANCHES and AGENTS all over the World...
The Corporation transacta every descriptiou -of- Banking and Exchange businese15 OF money in Current Account at the Fate of 2% per annum on Daily balances and accepte Fixed Deposits at the following rates
For 12 months 4 per cent. per annum. For 6
For 3
3
The companie which Biguod the oiranlar announcing a charge of 20 per cent, on their passage rates, are the :—.
Peninsular and Oriental Co. Messageries Maritimes. Norddeutscher Lloyd Orient-Royal Mail Line. Canadian-Pacific Co. Canadian Australian Line. Southern Pacific Co.
Pacific Mail Steamship Co.
Occidental and Oriental Steamship.Co, Toyo Kisen Kaisks.
Austrian Lloyd Co.
Navigazioni Generale Italians.
British India Co.
Ellerman, City, and Hall Lines..
Anchor Line.
Aberdeen Line (Goo. Thompson and
Limited).
Co.
1230
Innd's Blue Anchor Line (W. Lund
Sons).
and
No. 9 Queen's Road, Central, Hongker z.
W. M. ANDERSON, Manger, Hongkong 24th July, 1997. HONGKONG AD BHANGHAI
BANKING CORPORATION..
FAID-UP CAPITAL RESERVE FUNDS!
STERLING
£1,000,000 at 2/=$10,000,000 11,750,000
$10,000,000
$21,750,000 RRSERVS LIABILITY OF PROF'TORS 10,000,000 COURT OF DIRECTORS.
G. H. MEDHURST, Beq.-Chairman.
THE UNION OF LONDON AND SMITHS BANE, Hon Mr.HENRYKESWICK,-Dopaty Chairman,
LIMITED.
*
The Bank bays and sells and, receives for collection Bills of Exchange, issues letters of credit on its Branches and Correspondents in the East, on the Continent, and, in Great Britain, Ameries, and Australia, and transsets Banking Business of every description.
INTEREST ALLOWED. On Carrent Aeqounts 2% per annum on daily
On Fixed Deposits 12 months 41% per annum,
6 do.
do. 3 do. 31% lo.
do. do
3. L. VAN HOUTEN Agent, Hongkong, 8th June 1907.
26
DU
EUTSCH-ASIATISCHE BANK.
CAPITAL FULLY PAID UP...Sh. Tasla 7,500,000
HEAD OFFICE-SHANGBAL
BOARD OF DIREITOES, BARLIN
BRANCHERI Berlin, Hamburg, Caloutta, Hankom, Tientsin, Peking, Teinanfo, Tsingtau, Kobe, Yokohama, Singapore.
Founded by the following Banks and Bankers:- KoaNIGLICKY SEBHANDLUNG (P&E0881808)
STAATSBANK). Borlin,
DIRECTION DER DISCONTO.")
GESELLSCHAFT
DEUTSCHE BANK
8. BLRICHROEDER
BEELINEE
GESELLSCHAFT
HANDELS-
BANK LURE HANDEL UND
INDUSTRID
ROBERT WARSCHAUMB & CO,
MENDELSSOHN & CO.
M. A. VON ROTHACHILD &
SOERNE
Berlin.
Frankfort a/M.
JACOBS B. STERN NORDDEUTSCHE BANK IN HAMBURG, Hamburg SAL OPPENHIN, J., & Co., Koeln. BAYER180HH HYPOTHEKEN UND WECHSEL.
BANK, MUNCHEN.
LONDON BANKERS: Messrs. N. M. ROTHSCHILD & Sov: THE UNION OF LONDON AND SMITH'S --------- BANK,--LIMITED ------- DEUTSCHE BANK (BERLIN), LONDON AGENCY DIRECTION DRE DISCONTO GESELLSCHFAT
INTEREST allowed on Current Account, DEPOSITS roovived on terms which may be learned on application. Every description of Banking and Exchange business transacted."
F-JUNG,
Maunger.
Hongkong, 7th January, 1907,
點
THE CHARTERED BANK OF INDIA
AUSTRALIA AND CHINA.
INCORPORATED BY ROTAL CHARTER, 183,
£800,000
HEAD OFFIOR-LONDON.
PAID-UP CAPITAL Shortly to be increased to £1,200,000 RESERVE FUND
A. Fuchs Esq.
E. Goats, Esq.
A. Haupt, Esq.
C. R. Lensmann, Esq. A. J. Haymond, Esq.
E. Shallim, Esq.
R. Showan, Eng.
H. E. Tomkins, Eq. H. A. W. Slade, Esq.
ÜHINE MANAGÍA Hongkong J. E.-M. SMITH
MANAGER: Shanghal-H. E, K, HUNTER LONDON BANKERS LONDON AND COUNTY
BANKING COMPANY, LIMITED.
HONGKONG-INTEREST ALLOWED. Un Current Account at the rate of Two per. cent- per Annum on the daily balance.
ON FIXED DEPOSITS,
4 For 3 months, 2 per cent, per Annum. For 6 months, 31 per cent. per Annum, For 12 months, 4 per cent. per Annam.
J. RM, SMITH,
Chief Manager. Hengkong, 17th August, 1907.
HONGKONG SAVINGS BANK, TH
THE Business of the above Bank is SHANGHAI BANKING
conducted by the HONGKONG AND
CORPORA FION. Rules may be obtained on application. INTEREST on deposits is allowed at 33 Per Cent. per annum.
31
Depositors may transfer at their option balando $100 or more to the Hongkong and SHANGHAI BANK to be placed on FIXED DEPOSIT at 4 Per Cent. per annum.
For the HONGKONG AND SHANGHA BANKING. CORPORATION, J. R. M. SMITH
Chief Manager.. Hongkong, 12th January, 1907.
EDERLANDSCH-INDISCHE
HANDELSBANK (NETHERLANDS INDIA COMMERCIAL BANK
ESTABLISHED 1863,
22
Authorised Capital FL 15,000,000 (£1,250,000) Subscribed Capital F. 10,000,000 (Paid ap} Reserve Fund FI. 2,112,570,36 (£176,048)
HRAD OEICH: AMSTERDAM. SUE-OFFICE:" THE HAGUE. HEAD AGENCY: BATAVIA BRANCHES at: Singapore, Sourabaya, Samamag Indramajos, Bandoong and Weltevreden..: CORRESPONDENTS at: Cheribon, Tegal, Pesalongan, Macassar, Pontianak, Padang, Medan, Penang, Rangoon, Caloutto Bombay, Madras, Colombo, Karachi Djeddah, Bangkok, Saigon, Shanghai BANKERS:
Federal, Houlder, Shire Lines.
The reason for the surcharge is the increase in the price of coal, food, and marine stores,
All the lines concerned havo to contend not only with an enhanced price of coal in England, bat also with a still greater advance at the stations at which they cool on their outward and homeward voyages. These extra expenses are crowned by the risks of the new Workman's Compensation Act.
Sr Eldon Goat and Mr. Llewellyn: Smith go on to make the following recommendations:---
The existing Commercial Attache re siding in European capitale, including the prosent Commercial Agent in Russia, who should be made & Commercial Attaché, to have thair headquarters in London, sad to divids their time between apoial investigations abroad, particularly in districts of interest to British manufacturers, work in the Board of Trade or the Commercial Department of the Foreign: Offic, and visit to maaufsoluring districts in the United Kingdom. This me sure would not be applied to the Commercial Attaché at. Paris, as it would not be practicable to make any change ie the position of Sir H. A. Le who bol is the deal appointment of Comme cial Attache and Resident British Director of the Euez Coal Company in Paris.
We think that, in view of the very wide areas which are at present assigned to Com. -mercial Attach it would not be appreciably more inconvenient that they should start on their travels from London than from some centre within those districts, while the value of their inquiries would be very greatly increased if definitely directed to objects by instructions from the Department or from the Commercial Intelligence Com visite mittee, or by the experience gained in systematic
to British commercial additional advantage would be that it would be unneces arg to define rigidly the districts to be covered by each Commercial Attaché, who might be directed from time to time to travel in any country with whose language he was acquainted
centres
2. The Commercial Attachés at the more die- tant posts and in the countries where special gaalideations other than commercial ere the chief req irements, such as Turkey, Chion, &c to contlase to have their headquarters in those countries, but to be relieved us for as possible of the current commercial work at the Emburies and Legations, to be required to more about freely within their districts, and to pay periodical visits on duty to the principal centres of industry in this country, and to the Depart ments charged with commercial matters. These visite ought, we think, to be annual in the essa of the Commercial Ataché at Constantinople, and at last biennial in that of the Commercial Attachés in the Far East.
The Daily Telegraph has the following com- went:→→
Steamship companies engaged in carrying passengers to India, Australia, and the Far East have taken united action in the direction of raising passenger rates. It is officially notified that, owing to the great advanes in the cost of coal and other articles, a sartar of 10 per cast. on outward and homeward fares will be demanded. Thus, anyone going to the parts of the world just mentioned must pay an addi- tion of 10 per cent. i ardinary current rates in order to get to his destination. The decision comes at a moment when the travel season to India sod more distant lands is approaching its height. But it is desirable to explain that the increased chargo does not apply to those who have stready booked their bertas or eren to those who have only gone so far en to apply for them. Thus, the companion concerned have dealt somewhat geatly with that great body of the travelling public which has made its arrange ments for autumn voyaging. It is those who come after who will feel the brunt of the pro- sent decision. Many of the leading companies have attached their names to the notice just issued. Practically all of the importent lines Commercial A rents to be discontinued, and the The present temporary arrangements for are represented, but the new departure does not functions now performed by those Agents to be Boom to affect either the Caps lines or those signed to the members of the Consular Service, engaged in direct trade to Now Zealand. The which must be increased in places where the Peninsular and Oriental Company, the British commercial work necessitates such a course. It Ladis, the Ellerman, City, and Hall lines, the is clear that, owing to the increase of commer Orient-Royal Mail Line, the Aberdeen Line, and cis inquiry at New York, the Consulate General Lund's Blue Anchor Line are among British cannot dispense with an extra officer, and that enterprises which notify the sartar. Media salaried Consular officer would be required. terranean trade to India or Australia is in Switzerland to take the place of Mr. represented by the Messageries Maritimes, the
Milligan Generale Italiane, Germany is included in the Diplomatic Missions, including many of the Austrian Lloyd's Company, and the Navigazione 4. current commercial, business of the arrangement through the Norddontsher Lloyd duties hitherto carried out by the Commercial "Company, which has a mail line to Australis, Attaobés, to bo in charge of a specially selected Thus, British, French, Italian, and German member of the diplomatics aff, desigualal by companies are all co-operating. But the the Head of the Mission, and receiving a special agreemont also takes in most of the steamship allowance whilst actually discharging his fanc enterprises engaged in the Piolic trade.tlops. It is estimated that an santal som of It embraces the Canadian Pacific Railway £1,000 would carer the necessary renditura. Company (who run a line of steamers from It is important that the member of the stall Vancouver to Japan), the Canadian-Aus selected for this purpose should while o tralian Line, the Southern Pacie Coupe the Pacifio. Mail Steamship Company. the Occidental and Oriental Steamship Com- pany, and the Toya Kisan Kaiba, the latter a Japanese auterprise. Altogether it is a pretty strong combination. An increase in steamship fares by means of a surtax is by ne means a new thing in the Eastern trade. Indeed, this method of raising fares was adopted only a few years back, when the price of oral abnormally high. The companies trading to the East have, of course, to coal at various points en route, and their coal, which is chiefly exported from Great Britain, is necessarily very costly when prices are high and the cost of carriage
was
has to be added. Tha Atlantic steamship companies, on the other hand, are put to no such great exponas. But it is not merely the dearness of coal which affects ship- owners. Almost every article which they all kinds are dearer, and want
Ship has gone up in price.
stores-of- +be
provizioning of a passenger boat costs much more than it did. The housewife is well aware that many of the articles which she is in the habit of purchasing have become dearer of late. Her experience, multiplied over and over again, is that of the steamship there seem any immediate prospect that
mpanies. Nor don working expenses will decrease. Coals, as a Brussels: BANQUE DE PARIS AT DES PARE shipowners cannot expect for a considerable zenitor of fact, are still getting dearer, and
London SW188 BANKTHREIN, Paria COMPTOIR NATIONAL DESCOMPTE DE Berlin: DEUTSCHE BANK.
PARIS,
THE WILLIAMS DEACONS BANK,
BAS. Vienna UNION BANK.
Shortly, to be increased to £1,475.0075,000/ Rome: BANCA COMMERCIALE ITALIANĀ,”
RESERVE LABILITY OF PROPRIE.
THE BANK buys and sells and receives for collection Bills of Exchange, issues Letters of Credit payable in all important places of the World and transacts every description of Banking and Erange business.
FOR £800,000 INTEREST allowed on Current Account 1st the rate of 2 per cent. per annum on the
Daily balanceRTM***
On Fixed Deposite for 12 months 4 per cent
for 6 for 3
S
1
JOHN ARMSTRONG,
Manager,
Hongkong, 16th May, 1907.
IN BEST ALLOWED.
On Carrat Acconat at the Fate of 2% por annam on the Daily Balances.
On Fixed Despoist: 12 months 4% per annum,
do.
6 do 31% do. do
do. 8% do.
115
277
J. BOETJE-Manager." No. 16, Des Van Road Central..
.com
time to hacker-their steamere more cheaply. There is no evidence indeed that the
gapural" trend towards higher prices is coming to an
eat. No duuht when it costs less to rau chips the surtax will be abolished. But for the present the steamship companies declare that, they are to earn a living wage, they must advance
plézion, Mrs. Ellen's Crême Charmante. Lait
HOW TO BE BEAUTIFUL-Keep your com Charmant and Special Skin Tonio and Pozder Charmante will enable you to do it. Her Specialities for the Skin are the study of a lifetime. A. S. Watson & Co., Li, Solo Agents.
604
Secretary in charge of Commercial instlers, so that the commercial community may clearly realize that there is a special officer in sach Mission with whom they can communicate direct on commercial questions,
have some distinctive title such as
Meases R. Thorng sad Son Ld. have been commissioned to supply the House of Com- mens with their Old Vat, Scotch Whisky, Massrs A. A. Watson & Co. Ld. are the Agents. for Hongkong and Chins. An advertisement of this whisky appears in another column,
Exshaw's Brandies.
IMPORTANT NOTICE.
PRODUCE OF FRANCE
JOHN EXSHAW
ANTOISTUREU
N°I BRANDY
All my labels are signed
Johubeshauz
Messrs. John Exshaw & Co. have to announce that in order to protect
the public against imitations of their well-known No. 1 Brandy they have adopted the label herewith shown.
From October 1st, 1907, all Shipments of JOHN EXSHAW No. 1. BRANDY
will bear this label-
PRODUCE OF FRANCE
JOHN EXSHAW
NI BRANDY
All my labels are signed Johulrohang
JAPANESE BEER.
YEBISU "
"SAPPORO".
"ASAHI"
AND A NEW BRAND OF SPECIAL LIGHT BEER
PEACE
IDEAL AND WHOLESOME.
Each Brand has obtained the higbost AWARD at International Exhibitiona
The largest demand in the whole of Japan.
PRICE EXCEEDINGLY
Hongkong, 12th August, 1807.
The first Essential
for the preservation of the Teeth is to keep them clean by constant attention,
at least every morning and evening,
Quality 'speaks for itself.. MODERATE.
THE MITSUI BUSSAN KAISHA,
SOLE AGENTS.
An Antiseptic.
Cleansing with this well known dentifrice tends still further to secure the preservation-of-the teeth and hygiene, of the mouth.
Calvert's Tooth Powder
Cleans the Teeth
so easily, so pleasantly, and so. thoroughly. That is why it is in such -constant demand all over the world. SOLD BY LOCAL CHEMISTS AND STORES.
Gives Satisfaction
every year to more and more people. who have tested its efficacy and who value the appearance and condition of their Teeth,
Mada by P.Q. Calvert à Co., Manchasian, England,
1329