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83.2

THE

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Some people complain of the expense of a good denti- frice. SOZODONT is both good and economical.

Only a little is wanted. It lasts. It keeps the teeth clean and frees them from the corrosion of tartar. And it is the nicest dentifrice one can use-fragrant, pleasant, and antiseptic.

Sozsdont le in three form-powder, Thymia, mod pants, each equally effectire. Try the powder first li mests the cognirenments of most pavyše.

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"SANITAS-OKOL," 20 times the co-efficient of carbolic acid. The ideal disinfectant for use in the Tropios." Highest efcienor and lowest cost. Powerfal Larecida. Unaffected by organic matter, and miscible with both frosh and salt water.

'SANITAS-BACTOX” (Saponified Cresols of the same (20) guaranteed co-efficiency). Homogeneous, and miscible with fresh water.

·SANITAS-SOLDIS." » cheap but concentrated Coal Tar

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Supplies of the "SANITAS " DISINFECTANTS may be had of

THE MALACCA GENERAL STORES. LTD., Malacca, F.M.S. Messrs. PRITCHARD & Co., Penang, 8.3.

THE MEDICAL HALL, Battery Road, Singapore.

THE SINGAPORE DISPENSARY, 12, Battery Road, Singapore. "THE DRITISH DISPENSARY, 4, Battery Road, Singapore, THE BORNEO Co., Singapore.

THE DISPENSARY, LED, 43b, Raffles Place, Singapore.

Launches complete ready to run Engines operate on KEROSENE (paraffiny Gasoline petroli distillate COAL OIL!

cohol or naptha

Any one can operate them. All launches guaranteed and tested High grade pleasure and service motor beats, 16, 10, 20, y pod ay feet long, ready for use with high grade zwo cycle reversible Denis engines installed. Start without cranking and need no lamp; beats awolutely non-cakalis, o sinkable and pott-rustable, NELD NO BOATHOUSE, CANNOT BE EATEN INTO BY WORMS OR BUGS used throughout the warld. Agencies with first-class reputable business houses particularly desired. Bank relatences exchanged. Will anote: prices in your own currency, freight equid to any part of the world. Write TO-DAV for our FREE ILLUSTRATED CATALOG giving all information in regard to constructions, dinventions, egipment, etc., and SPECIAL PRICES. UNSOLICITED TESTIMONIALS FROM USERS OF MICHIGAN STEEL BOATS IN ALL PARTS OF THE WORLD SENT ON REQUEST. MICHIGAN STEEL BOAT Co., 1855-1800, Jefferson Avonue, Dejit. *N," DETROIT, MICHIGAN, U.GA

WINCARNI

COLEMAN'S

695

694]

THE HONGKONG DAILY PRESS, FRIDAY, MAY 26th, 19112

CONSTITUTION OF THE STOCK would on the other hand, nequire all the present and fatura income from entry money, annual subscriptions, and office rent, Ruch an arrange.

EXCHANGE,

THE INNER WORKING EXPLAINED.ment would not only terminate a vary anomal. ous situation, but it would put the London Stock Exchange on much the me footing as thise of New York, Paris, Berlin, and other financial capitals. Even the provincial Exchanges are as a rule, owned by their members, and some of them have handsome and commodious buildings, However liberal and

even generone the Manag or may be, they have always to keep

shareholders

słow and dividends. On the other

[BY A MEMBER.] The London Stock Exchange, whose proprie- torsheld their sanusl meeting recently isnotonly the largest and freest s ook market in the world, but it is unique. It is unlike every other both in its constitution and its methods. Ita history, its babitation, its business are all more or less mysteries to the multitude. Like its miataly their neighbour, the Bank of England, it has grown think up on lines of its own, from which it will be slow to depart. Not a little of 18th century life still lingers around it. Amid naiversal unrest, political, economio, and commercial, it pursues the oven tenor of its way. It is one of the few British institutions which improve with age, bat it contrives at the same time to retain much of the old-world mystery of its youth..

of

En

band, were the subscriptions to be applied entirely to the general well-being they would be paid all the more cheerfully. At present the whole incorso of the Stock Exchange is

apent on the maintenance of the buildings, salaries, wagon, and dividends. There is no surplus for the educational and recreative adjuncts which sach an institution ought to possess. While the managers are levying their £1,000 a day, the Stock Exchange Committee, which alone represents the general body of members and is solely responsible for their conduct, is in the position of being penniless. Looked at from another point of view, It is something of which the London Stock Exchange may be proud that a penniless Committee, without even pens or paper of its own, shonid for more than a century have governed with conspicuous success the most important financial boty in the world.

Report the report which was presented anhenny

A

THE UNWONTED CALL ON THE SHARES. One of its historical pocularities has just been brought before the public by the issue of thean. nual

that anolent body known as the

to the meeting contained two corpooted Annonacements one of dividend mak- ing 100 per cent, for the proprietors and the other a call of £1 per share. The first was high- ly gratifying, but the other was somewhat of a new puzzle to the proprietors, as calis are experience for them. The explans-The Timer, the report as to the money being required to strengthen the financial position and for the purpose of extensions is scarcely satisfying to the

of them did their best proprietors.

Many to obtain pricate enlightenment from the Mapa gers previous to yesterday's meeting, but with scant succcess. As a last chance they hoped

FOOD FABLES,

Charles Lamb has given us the tradition of roast pig, and by sheer force of genius his-tra dition has become historical, it is so delight. fully natural that we can do no other than believe it. But there are other. vianda sp- pearing on our tables that have their own ap. propriate legends, some of which are equally authentic-and thao

same more so. Of course, there

that the chairman would vouchsafo some ex- planation, but he hardly alluded to the subject, except to indicate that the property had improved in value by mere $800,000 during the 30 years which have elapsed since there was a cell me another curious episode has been added to the history of strangest securities. The sbores orn one of the tinged for a heavy stock they are lively in their movements. Within the past eight or ten years they have been as high as 250, although only £12 paid, and as low as 170. When the roount announcement of 100 per cent, was made they rallied from 170 to 200, and the dividend has sent them up to 213 their latest quotation..

FOR MEMBERS ONLY.

are those seasonable dishes that once belonged to the religions ritual of mankind, and that now

The Christ simply belong to the epicarean. mas pudding and mince pia, says the

Globe, the Shrove Tuesday one and aditional pancake Good Friday bun- assistion, their own proper lore Bat every article on our board has its own similar lore. The very bread that appears at

every meal is so rich in traditions that it would be rain to begin to tell them; would not a history of wheat be in some sense a history of mankind!

When we sit down to a joint of the roast beef These rapid actuations are rendered all the that is supposed to be typical of Old England, more remarkable by the fact that Stock Ex. the juicy sirloin before as may actually be of change shares are forced round with restrio Divine origin, for we cannot fail to remember tions peculiar to themselves They can be held the Divine Apie of the Egyptians, and the only by members of the Stock Exchange, but great cow-goddess of the Hindus. Jore himself unfortunately the converse is not true that woood the beautiful. Europa in the form of overy member holds them. So far from that ball, and in another of his many amours be being the case, they are the distinctive privilege changed the adored maiden To into a lovely small body. In the old heifer. Besides these, there was the Scandina

of a comparatively the Stock Exchange vian eow Adhulma, whose tongue whọn, shoį

days the building were quite distinct from the members, licked the stores produced the first human and even outsiders could hold shares. Members being.an has ever been prone to eat his were permitted to retain their shares after they goda

resigned, and even in ease of death they were saying Mary He only another way of

Botusi

have to be transferred within a certain time to members. Some outside holdings are enid to survive among very ancient proprietors. They are being, however, rapidly brought within the new rules. As a set off to the restriction on ontaiders there is another rule of comparative recent date which requires every new member of the House to become a share holder. Whoever comes in as a member from ontalde has to acquire three shares, but in the case of theho have qualified as clorks one share is er This new rule canged a temporary

res and pat them up to the record price of 250 above mentioned. Bat the dall times which followed sent them down again.

It will be gathered from all this that the Stock Exchange is

A DUAL INSTITUTION,

01%

foot

used

The

popular, is also less divine in its

ons associations has traditions ao sacred, beginning with site of Exodus, that it is about them. The most seemly to any lit

emblem of any living laub las boor t saints, cad centre of mush poetry yet we enjoy it unscrupulously when it ap

tables. Pork has pears cooked ou not only its well-fonad logend told by Blis; it has many other traditions, such as that Christ an uno which says th still show

the marks of

of the when he entered into the

ed out pig bss the distinction dis the site of the future Rome to und also the site of the future Bath to the leprons Bla dnd; and in this latter case if it be trus that the eating of pork causes isprosy, there was en appropriateness in the pigs pointing out its cure. When we come to the ponitry and game The proprietors and the members are still to out repusts, we find good store of tradition to cofthe uniste. a large extent separate bodies. Theagh under give respectability to our indulgence o the now rule the number of proprietor members Thego: we usturallyasuciate with Michaelmas, is increasing and the number of non-proprietor though the French eat theirs apon St. Martin's members dearocaing, it

it will take a long while Day. We read that Queen Eli

Elizabeth 'wai to reach the ideal aimed at of a Stock Exchange enjoying a dinner of roast goose when she heard owned entirely and exclusively by its members. the Lidings of the defeat of the Spanish Armuds, Some would have us believe that the fashion of The principal purchasers of the shares now are the new members, and there even in a good Michaelmas goose therefore dates from that year seldom sroved 60 or 70. In a had year biure, but in reality its origin is much earlier, they fall mash below that. At that rate it will and the Queen was merely honouring old-time take a good many years to qualify the 4,000 custom. A quaint old writer tells us that the members, more or less, who at present hold gooze

no

that file of the Stock Exchange should consider the qualifying process slow. More heroic measures are sometimes advocated, as, for instance, a complete reconstitution of the pro- prietorial body. In its present form it is an obvious annohronism-interesting, but out of date. It is not like anything else in the City. or for that matter in the universe. It is not joint stock company; neither is it a private company nor a a mere co-partnery. The neatest analogy to it je & Cornish mine worked on the cost book system. The par value of the shares

WINCARNIS, are It is not unnatural that the rank and

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AS SUPPLIED TO THE HOUSE OF

LORDS AND HOUSE OF COMMONS

THORNE'S

OLD VAT

This vat was started by the late Robert ThorTI of Greenock and has been sold as No. 4since 1831.

SCOTCH WHISKY.

BOLE AGENTS IN

HONGKONG, CHINA & MANILA

A. 8. WATSON & Co., LTD.

[555

APENTA

Natural Aperient Water

For tise by

THE BILIOUS, THE GOUTY, THE CONSTIPATED,

THE OBESE.

kod

DOSE:--A Wianglessful before Breakfast.

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Either Number

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· Pormiol Thermpion, easy to take, safe, lasting cure. Trade Marked Word THERAPION, LE 22 British Govt.Stampallized va viry genuine packet.

X THERAPIONIX

CURES, TO STAY CURED.

the emblem of moore modestie," but can scarcely be the reason why we eat it on a special date; and it seems that the sacrifle of gesse about this date was practised in Roman days, and probably for earlier. The legend that St. Martin was so worried by the cackling of a goes that he killed and ate it, and in conse. quence died of indigestion, hardly secounts for Our association of the bird with Michaelmas. dates are not far different. It is said that Heliogabalus used to regale his dogs with the livers of Ferrara geese, a notable luxury.

but the

The partridge is of rather lofty descont, as cording to Hindu mythology; while a Romin gods

ie not fixed, and now capital can be called up as myth tells us that Talus, the inventor of mathe.

it is wanted According to the official descripmatical instruments, was changed by the

tion, each share is held subject to any number into s partridge. The pheasant also has its of calls, but no sall may exceed £2 per share, nor can more than one call be made during any period of 12 months." As just indicated, the call that has now been made in the first one for 30 years. The proprietors have therefore some oxcuse for feeling shocked.

VALUM AND INCOME OF THE PROPERTY. A considerable amount of fresh capital has been raised during the past 20 years, but it has been in the form of debentures. Since 1890 the outstand ing debentures bare increased from £250,000 to £416,700, while the share capital of £243,030 has remained the same. This partly

explains the 100 per cont. dividends, and they have to be paid on little more than a third of the total capital, while the two birds which has been borrowed get only 3 p cent. Altogether the Stock Exchange is, as it ought to be, a well- finsaeed property.

classic legend. Proone, wife of Tereas of Thrace, for some reason killed her own son Itys and served his body is a dish for her husband's repast. The result we that the murdered boy. was changed by the gods into a pheasant, his mother into a swallow, and hit father into an owl: The quail is, course, Listone, trans formed into that bird by Jupiter when he wished her to elude the jealous eyes of Jans; it is certain that the not unnatural jealousies of Juno were the cause of many similar meta

character for marrass, especially in the month of March; morphoses. The hare has a but its flesh is not avoided in consequenos nor are we dissuaded therefrom by the Elizabethan ides that to long for hare's-ment would produce haralip. There was a belief that the are changed sores each year. In days of old witchcraft witches were often supposed to change themselves into hares, and for this reason it was thought unincky for a bare to it cross one's 3 path, but with many persons

superstition would require a very powerful Indeed to dissuade them from the delights of jugged hare. Of oysters we have the old saying,

He who eats oysters on Bt...

James never want," this day having formerly been the beginning of the oyster season. Oysters were very popular in Shakespeare's time, especially such as came from Colebester; they were enjoyed with red wine, in vinegar, or in pias. So-called oyster-pies contained many other The position

of members of the Stock Ex-ingredients, such

wine and spice,

fruits change who are also proprietors is very com- lemon, butter, anchovies. Mussels, of which fortable indeed. It naturally excites some envy we are now rather shy, were deemed good enough by Jupiter to be served at the among the 4,000 more or legs what for welding of Hobe. The sal was an Egyp prietors. They are tempted at times to fortian deity--so many living creatures were armall share of the £240,000 a year which is being distributed among the proprietors. It divinities in old Egypt. In an early work righton of their annual subscriptions especial-noitor mat tell us how they multiply.

they think, be very fairly applied to the of natural history we read that with eels there is male nor female," as they are neater." the higher rates, which are now £31 10%, and

It stands in the balance-shoot at rather more thon a million aterling (£1,080,628), of which £464,864 is freehold and £615,764 leasehold Against that the chief liabilities are three por cent, debentari, £413,600 share capital, £240,000: reserve, £200,000; and balance at credit of income, £344,259 a total of £1,197,857. Compared with colossal figures like these, the £20,000 which the massagers now propose to calf up looks insignificant. It is a more detail beside the current income of £363,965 a year,

£1,000 per day.

or

$42

MEHEELS V. PROPRIZTORS.

the

Day

It

42. per annum. Various suggestions have would be easy to relate something appropriate been made for solving the dilemma. The most about every article on our tables, the condiments,

the regatables, the fruits, would be for the Stock Exchange of them feasible

puddings, and Committee, which represents the whole body spleen and wines. All there have their own of the members, to take over the property tressures of old-time lore. It is natural that from the Managers on a long lease, or mach historic and mythic association should have better still to purchase it outright and pay for gathered around those foods by which we support it by terminable annuities. The Committee our existence with more or less of enjoyment.

VICTOR OPERA RECORDS. ROBINSON PIANO 00.

(G.$1.00) Lohengrin La Favorita Norma Menou

Il Trovatore Pagliacoi MOUFA

Der Treimhufz La Fraviota

Jocelyn Rigoletto Lohengrin

Romeo and Juliet Carolleria Rusticana Mignon Clareon des Peuplier Lohengrin Mirello Mignot

Faust

Bohome

Rigoletto

Cliconla Higoletto

Romeo et Juliette Borgar Student Der Prophet

Aida Manon

The Minstrel Boy Rolling down to Rio Il bacio

The Birds are Singing The Handkerchief Serenade

The Cloak of the Forgo

For all Eternity

Ferakila Mia

La Tomportad

Mother of Mini

The Teas of Richmond H

Bridal Chorus Splendour Pia Bella

In My Grasp

Polonaise

Beals Chorus

Segurola and Chorus

Huguet

Martinez Patti

Miserare

Martinez Patli

Prologne

Cignila

From Thy Heavens Agatha's Air

Alexina and Chorus

Duet

Berceuse

Caro nome SWAD Song Fairest Sun Sicilians

Know'st the landi

Klog's Prayer Caration

Furo as a Flower

Cost Song

Galf of Gold

On Mischief Bont

Questo o qualla

Giolo e mar

La donna e mobile

Yet a moment

WEATHER REPORT.

Csardas

Pastorala. Celeste Aids

Depart Fair Vizion

Gonnod

On the 25th at 11.55 am-The depression lying over the NE, part of the Son of Japan yesterdag is moring away over the Pasifle, and pressure hos iucressed considerably to moder ately in Vladivostok and S. Japan.

The barometer has a tendency to fall in N. Chins, and to rise at the stations bordering the China Sem

AT aros of high pressure acoupies the Sea of Japan, and a trough of low pressure lies over 8. China and the Phoille towards the Southern Lanches.

Moderate S. and B.W, winds; may be expost- ed over the N. part of the China Ses.

Hengkong rainfall for the 24 hours ending at 10a.m. to-day, 0.47 inches.

to-day is as follows:-

Variable winds, Lmoderate.

The forecast for the 24 hours ending at mooi

Hongkong & Neighbourhood...(*) Formcss Channel

South coast of China botwosa"

Same as No. 1 Hongkong and Lamocks South coast of Chins between Same as No. 1.

Honkong and Hainan

2.W. winds, modorate; equally, thunder

showers.

When “Only Middling"

your health is very far from satisfactory. The slightest knowledge of pathological

science is sufficient to inform us how precarious is the con- dition of the person who is "only middling." The power of disease-resistance is practically nil, & an ordinary atmospheric change or dietetic irregularity may lay you up for weeks.

Take

care therefore that you possEES. nothing less than vigorous, robust health. Just as nothing succeeds like Success so there is no better guarantee of sus tained health than never to let Conse- yourself run down. quently if you are not feeling up to the mark get yourself into tip-top condition at once, by taking a few doses of

BEECHAM'S PILLS.

Spoolally suitable for Famefes of all ages.

Gold everywhere in boxes, prion gió. (36 píla), -

11⁄2) (50 pilla) 'und w/9 (x68 pilk).

CHAPOTEAUT'S

MORRHUSL

Superior to Emulsions or Cod Liver oil,

Each tiny Morrhuoi capsule re- presents the medicinal value of a teaspoonful of oil,

Recommanded at the Paris Aca. demy of Medicine, for loss of

appetite and flesh, to patients with consumptive tendencies.

Sold in bottles of 100 Capsules.

Bild by all ChaulaTRAIN,

103-5

Michailowa

ttp.

do.

Slezalt

do.

do.

De Lusian

Journet-

do.

Naibo

do. Jonrret

do.

Opera Chorus Constantino

do. do

Nielsen Arral Slezak

Jo.

do.. McCormack

Witherspoon

Korsoff

Miobsilowa

do.

Blozal

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de Gogorza

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Witherspoon Willisras

(734

catter Falmer & &

The Wine Merchany of the East

NAPIER JOHNSTONES'

“SQUARE BOTTLE"

WHISKY.

UNVARIED FOR OVER

150 YEARS.

THE SAME TO-DAY AS IN

1745.

BEWARE

IMITATIONS.

OF

SOLE AGENTS IN HONGKONG :

LANE, ORAWFORD & Co.,

[56

and from ALL WINE MERCHANTE.

继水汽力道士

THIS WONDERFUL SYPHON

Makes Mineral Water instantly at 90 conis a dozen Byphons. Anyone can do it. Failure is impossible. And you can save 50 per cent. by making your own Mineral Waters at home with the

"PRANA"

SPARKLET SYPHON,

which lasts a Hatime and can be purchased from any. Chemist or Stores.

PRICE$2 Each,

BULBS at 50 cents per box,

WHOLESALE PRICE

SYPHONE perdoz

216.00 1.5.b. BULLS perdus, boxes $8.00 f.o.b.

KWONG BANG HONG, LTD.,

WHOLESALE AGENTS,

246 & 248, Des Vieux Road, Central,

HONGKONG.

行一發總

司公限有行生廣港香

(386

報新外中港香

HUNG NGOI SAN

Chineso. Daily Press),

PUBLISHED DAILY,

PO

Is the oldest and still immensurably the bot Advertising mediure among the

Native Community,

Established for over FIFTY YEARS Circulates largely throughout Southern China Indo-Chins, etc.

Terms for Advertising (Translation free) can be obtained at the Office, 10a, Des Voeux Road Central, Hongkong 131, Fleet Street, London'

or from the different; Agents.

Documente translated from or into Clarion

or Collegial Chinese,

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