Catter Falmer &
The Wine Merchany of the last
NAPIER
JOHNSTONE'S
"SQUARE BOTTLE
WHISKY.
UNVARIED FOR OVER 150 YEARS.
"
THE SAME TO-DAY AS IN
1745.
BEWARE
OF
IMITATIONS.
OLE AGENTS IN HONGKONG
LANE CRAWFORD & CO.,
and from ALL WISE MERQUANTS.
[74
EASILY
DIGESTED.
"Makes Bone,
Muscle, Brain"
DAVID F, MD;
PLASMON ARROWROOT
a highly strengthening food, and is specially suitable in all condi- tions where a light, nutritious diet
is indicated,
“The admixture of Plas- mon increases the nutri- tive value enormously."
-Lancel,
Sd. per Packet,
nudish Pri
91.1.
E & KER SE CREATE A CIRCO TA
HARTIN'S
Busana ho elikaga.
Parasite ng 'Actida qowuys tren a bre
stimento A me! $2:0
하
With
MANTING
LUTETIAN CREAM
Everyone who's anyone uses it for Brown footwear. leggings, and the like.
Brown leather never bat such a friend as Luteini Creata. Ning semakes it took so well, hoops it ii A such perfections of condition, or adde bogenni, wly to its life. "Lalestina' probash like varnica.
Light ca Dark
Light, for the glitary tan-shade. Dart, for deg, rich, full chant Those who putea puste should n MELTONIAN PASTE Black or own equally good. Sult by make, St-res, etc.
MY WORD I
Munakan by
E BRONG MS, LTD
Grim birat.
508-5
KEATING'S
KILLS
FLEAS BEETLES MOTHS
THE HONGKONG DAILY PRESS, SATURDAY, APRIL 26mm, 1018.
HINDRANCES TO DIRECT TRADE
WITH AMOY,
The United States Vice-Consul Charlos F. Brisel, Amoy, in the course of a recent report, states that there is, perhaps, no coast treaty port in South China so ill- served by steamers as Amoy. The larger steamers sometimes stop at Foochow and Bwatow, but oxclusive of the one call of the Pacific mail steamers during the year for narcissus bulbs this port secs none of the large vessels. The result is that all cargo destined for Amoy must go first to Hongkong or Shanghai (usually Hong- kong), and there be reshipped by local coasting steamers.
Were foreign firms to endeavour to do business direct in Amoy, they might find the difficulties of currency very grave. At the prescat time there are practically no notes in circulation here other than those of the Hongkong and Shanghai Banking Corporation and the Bank of Taiwan. The medium of exchange is the silver dollar, which here means a Hong. kong dollar, a local Japanese yen, a Mexican dollar, or, occasionally, a dollar from the Straits Settlements or Saigon.. The real commercial unit is the Spanish dollar" which is the name given Hongkong and Shanghai Banking Cor poration to a fictitious unit of value maintained by that bank and by which standard it gauges the daily value of the local silver dollars. If silver is plentiful, for a Hongkong and Shanghai Bank check for 8100 one may receive. actually 101 silver dollars; if the reserve be the case, one may receive but 09 silver dollars. As this institution does practically all tho international banking business, its valu- tion of silver will affect the market price of commcdities.
FLUCTUATING VALUE OF SMALL MONEY,'- OTHER DIFFICULTIES.
In addition, most of the local dealers One silver. trado in small money."
dollar is usually worth ten 10-cent pieces and 8 copper cents. It is thus easy to sep and that if one buys for "large money
ho will lose sells for "small money about 8 per cent. This rate is not fixed and varies greatly. At times ona silver 10-ent pices will bring 15 cents copper. In addition, the farther one goes from the sea coast the more minute the divisions of currency. Lately a revenue stamp has been gotten out, the face value of which is 1,000 cash (brass cash), which is supposed to be worth $1 Mexican, thus showing that in this locality, at least, the basic unit of value would seem to be the old cash. When one adds to the preceding the diffi- culties of foreign exchange, it will be seen that the ordinary buyer would experience some difficulty in effecting his purchases, especially as the large majority of Chinese buyers know practically no English.
WM. POWELL
LTD.
TELEPHONG 346.
SOFT FURNISHING GOODS
CURTAINS
BANK
THE OKOHAMA SPRCIE BANK
LIMITED.
AUTHORISEY CAPITAL....Ten 48,000,000 PAID-UP CAPITAL. In 30,000,000 RESERVE FORD.Yen 18,200,000
HEAD OFFICE=YOKOHAMA, Branches and Agencies at Antang-Haina Lino-Yang Byojun Caloutta
(Port Arthur) Bombay
London Ban Francisor
Dairen (Dalny)
Los Angeles Shanghai
|
BANKS
HONGKONG SAVINGS BANK.
THE Business of the above Bank is cop-
ducted by the HONGKONG AND SHANGHAI BANKING CORPORATION. Rules may be obtained on application. →INTEREST on deposits is allowed on the Minimum Monthly Balances at 34 per cons per annum.
Depositors may transfer at their option balance $100 or more to the HONGKONG AND SHANGHAI BANK to be placed on FIXED DETOST at 4 per cent, por sunum.
For the HosGÉONG AND SHANGHAI
Changahon
Lyone Tohling
Fangtien (Mukden) Nagasaki Tientala
Tankow
Newahwang Tokyo
BANKING CORPORATION,
N. J. STABB
Chief Manager
Harbin
Now York:
Hongkong, let July, 1911.
19
NEAT DESIGNS
Honolulu
Osaka
Kobe
Tokin
INEXPENSIVE
WASHING CUSHION CASES
EMBROIDERED MUSLIN
AND LUSTRE.
SHEETINGS
DUCHESS
SETS.
ARTISTIC
MOTION PICTURES
SIDEBOARD CLOTHS. CRETONNES.
KINETOPHONE
EDISON'S LATEST INVENTION,
TALKING PICTURES
staged in seven New York Thostros and in the Principal London Halls.
WATCH
THIS
SPACE
Will Shortly be Exhibited in the
THEATRE ROYAL CITY HALL
HONGKONG.
WATCH
THIS
SPACE
THE EDISON KINETOPHONE
AGENCY.
Having sele rights for China, Philippines, The Straits and India. 4, Queen's Railding. Hongkong.
Hongkong, 19th April, 1913.
About a year ago a local firm made some trial shipments of ginseng direct from America. This office watched these trials with considerable interest only to find that the difficulties of exchange and great that the language became so importer returned to his former method of importing vid Hongkong. As noted proviously, large quantities of goods are shipped to Hongkong, and it not infre- quently happens that the Hongkong mar- kot is competing by telegraph with the local foreign firms for the sale to the Chinese of stocks held in Amoy and Hongkong at the same time. If there has been a decline in price between the time. when the Amoy dealer purchased and the limited to routes where oil can be obtained time when the Hongkong firm obtained its on terms that will enable it to compete stock. the Hongkong firm can sometimes with coal. Regularity of supply, as well soll goods laid down in Amoy at a less as price, must, of course, come into the
afford cost than the Amoy rnerchant can
in both these respects the East Asiatic to sell the stock which he holds in his calculation, end it may be remarked that godowns. It is not infrequent, either, Company in its trade with Siam and the that wealthy Chinese will buy up a large Far East is no doubt exceptionally well quantity of goals when the market is flooded and hold them in godowns until placed. Indeed, it may be inferred that a rise in price affords a splendid profit, the position which the company occupies While this state of affairs could scarcely in the trade with Bangkok has in no small hold for all products, it may serve to degree stimulated its enterprise in the show how an outport market is affected by matter of internal combustion engines. prices in the large port.
EAST ASIATIC COMPANY OF COPENHAGEN.
PIONEERS. OF OCEAN MOTORS.
Among the more notable of the annual reports recently issued is that of the East Asiatic Company, of Copenhagen, who may he called, the pioneers of the ocean- going motor-ship. At the present time the company has a fleet of fifteen vessels, of which thirteen are steamships, and only two the Sadia and the fuflandin
40 vessels. Such figures, arg motse were it not the motor-ship is relativo ly in its infancy, would hardly suggest any lack of faith is the steamship. But the building programme of the company, ns outlined in the report, tells a wholly different story. The East Asiatic bas as many as seven motor-ships under con struction--five of them of 5,600 gross tons ecch-and it would probably have ten but for the fact that for its South African line it apparently cannot rely upon a supply of oil fuel at a moderate price. Hence for this particular service it is building three new steamships.. But it is also converting three of its existing steamers into motor-ships,
-
The upshot of it is that at an early date the company will own a feet of thirteen steamships and twelve motor. ships, but the former will represent only about 46,000 gross tons, and the latter about 56,000. In other words, the com- pany will depend for the larger part of its cargo-carrying ability upon tonnage driven by internal combustion engines. In such circumstances it is not surprising to rend that in the opinion of the direc tors the Selandia and the Jutlandia have in two essential points fulfilled expecta- tions. The first is in economy of oil con- sumption, as compared with coal, and the second is in increased freight earnings owing to saving of engine-room space in the ships.
In spite of the success which has attend- edits earlier motor-ships, the East Asiatic Company frankly admits that there are limitations, and serious limita- tions, to the use of such vessels, In an addendum to their report the directors Bay that development so far as the mer- cantile marine is concerned depends chictly upon the supply of oil. "Motor- ships," they observe, "are at present
non-
But this statement of the directors also throws some further light on the ser- It ja viocability of the motor-ship. intimated that with the Selandia there were fower initial difficulties than in the case of several of the company's steam- ships on their maiden voyages. Further, not only does the vessel lose no time in coaling, but maintenance costs less, the engine hus as long a life as the marine attam-engine, boiler troubles are existent, and corrosion is largely avoided. The directors add that the consumption of oil in the Selandia and Jutlandia has now been reduced from nine tons per twenty-four hours to eight tons. More over, whereas the Selandia's enginos, with sixteen cylinders, develop 2,500 indicated horse-power, one of the vessels now under construction will, with twelve cylinders, develop 4,100.
[590
Famished Hair Cells
Har failure la dog to starved roots and calls. All the legion al bate trouble vanish if you strike at the root. It is the saine in avery -you murer ge sight to the heart of the trouble. What the grey, langering, dropping baits
call for
Is an adequate fond-a real triment. ROWLAND'S AVANSAX OIL, gives an immediate new vitally is the foyle routs and the feeding" cells beneath them. It produces asif, silky sheen and texture; a úli, lusurizat growth, radialing a true natural bair healt Softly perfame with City of Bows Supplied in Gold Tout for fair hair.
ROWLAND'S Macassar Oil!
is sold by Stores, Chemists, ant ROWLANDS, 67, Halton Garden, London.
Avoid cheap imitations with the same
MOTHER
or similar name.
Seigels Syrup
Mother Scigel's Syrup, the ideal remedy for Indigestion, Biliousness, Constipation, andother complaints arising from disorders of the stomach, liver, and bowels, has a grand record of uninterrupted success. In thousands and thousands of cases it has cured even after other medicines had failed. If you have any digestive trouble; if you are Jable to bilions attacks; if you rise in the morning un, refreshed by sleep; if you have a poor appetite, and are able to headaches, nervousness and insomnia, take a few doses of Mother Seigel's Syrup, and you will be delighted with its wonderful curative and tonic effects on the stomach, liver, and bowels.
Mrs: J. Scott. of 10, Alice Street, Durban, Natal, writes on September 9th, 1912: "I have tested Mother Seigel's Syrup for many years back and I feel quite certain that if sufferers from stomach and liver troubles would take
it they would derivo real and lasting benefit.'!
Removes and Prevents
INDIGESTION
166
INTEREST ALLOWED ON CURRENT ACCOUNTS INTERNATIONAL BANKING
Deposita received for fixed perioda st rates to be obtained on application,
THE BANK OF TAIWAN, LIMITEI
THE
Capital..
CORPORATION.
Empire
Panama Peking
EISHI ONO,
Manager.
Hongkong, 31st March, 1913.
[443
HEAD OFFICE : 60, Wali Strast, New York LONDON OFFIC: 36. Bishopsgate, EC.
BRANCHES --
Bombay
Kuba
Calcutta
Manila
(INCORPORATED BY SPECIAL INFERIAL CRARTEK).
Canton
Mexico
Cebu
Yen 10,000,000
Colon
Capital Subscribed (paid up) Reserve Fund ....
...Yon 6,250,000
Yen 2,620,000
HEAD OFFICE: TAIPER, FORMOSA.
Amoy Anping
Swatow
Tainan
Kobe
Tameni
Canton
Nagasaki
Fooolow
Osaka
Tokyo Yokohama
Restung
Shanghai
BRANCHES AND AGENCIES:
HONGKONG OFFICE,
3 Dre Veux HOAD.
[1279
Interest allowed on Current Accounts, Deposits received cu terms which may be had on application,
K. TSUDZURABARA, Manager. Hongkong, 1st May, 1911.
NEDERLANDSCH-INDISCHE HANDELSBANK (NETHERLANDS INDIA COMMERCIAL BANK). ESTABLISHED 1863 Authorised Capital FL. 15,000,000 (£1,250,000) Paid up Capital Fl. 14,905,350 (£1,242,112) Rezerve Fund FI. 5,022.161.27 (£438,5131
HEAD OFFICE: AMSTERDAM. HEAD AGENCY: BATAVIA.
LONDON BANKERS:
THE WILLIAMS DEACONS BANK SWISS BANKVERBIN,
BRANCHES AND AGENTS all over the
World
THE BANK transacts every description of Banking and Exchange business, receives money on Current Acount at the rate of 2 per cent. par Rates on. Fixed ansam da Daily Balances. Deposit can be ascertained on application.
G. VERMEY, Manager, No. 8, Des Voier Road Central, [21 Hongkong, 23rd April, 1913.
THE
BANK OF
· MERCANTILE INDIA, LIMITED.
AUTHORISED CAPITAL ... SUBSCRIBED PAID UP
RESSEVE FOND
140
... £1,500,000 1,125.000 562,000 415,000
HEAD OFFICE 40, Threadneedle Street,
Bombay Calcutta
LONDON, E.G.
BEARORS
Kandy.
Galle.
Singapore.
Howm.
Dolhi.
Panang.
Madras.
Kota Dabra, Kelantan.
Karachi, Tangoon.
Kusla Lumpur, F.M.S.
Hongkong.
Colombe,
Shanghai.
AGENTO IN JAPANI
Hongkong
Hankow
San Francisco
Shanghai
Yokohama
| CAPITAL AND SURPLUS 87,069,000
equal, $1,450,000 EVERY DESCRIPTION OF BANKING
BUSINESS transseted, CURRENT ACCOUNTS opened on the usual
terms,
DEPOSITE RECEIVED, fixed for one year st4 percent. per annum, or for shorter periods, at rates which may be asGÓK- tained on application.
BILLS NEGOTIATED and COLLECTED MAIL and TELEGRAPHIC REMIT)
TANCES made.
LETTERS OF CREDIT and DRAFTS granted on all the principal nities in the World.
THE BANK'S CIRCULAR LETTERS OF CREDIT are available all over the World.
LOMMERCIAL LETTERS OF CREDIT
ismed, PURCHASE and SALE of Stooks and
Sharos effected. TRAVELLERS' CHECKS sold and cashed
GEORGE HOGG, Manager.
9, Queen's Road,
Honghong, 2nd November, 1912.
220
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA,
INCORPORATED BY ROYAL CHARFER, 1853.
WW HEAD OFFICE LONDON.
...€3,200,000
PAID UT CAPITAL RESEEVA FUND..., *** ...£1,700,000 RESERVE LIABILITY OP
PROPRIETORS...
£1,200,000
FOREIGN EXCHANGE and General Banking sizess transacted.
CURRENT ACCOUNTS opened BULG FIXED DEPOSITS received for 1 year OF shorter periods at rates which will be quoted on application.
A. S. HEWETT
Acting Manager.
Hongkong, 14th April, 1913.
[133
DARLINGTON'S HANDBOOK.
"Sir Henry Ponsonby is com
mauded by the Queen to thank Mr. Darlington for a copy of his Handbook,"
"Nothing better could be wished for."--
British Weekly,
Far superior to ordinary guides.-
Visitors to London should asia
Daily Chronisio,
DARLINGTON'S
Mesra, JARDINE, MATHESON & CO., LTD LONDON Particularly good."-Academy
BANKWES
BANK OF ENGLAND. LONDON JOINT STOCK BANK, LAD, Every description of Banking and Exchange business transacted. Stooks, and Shares bought and sald on account of Constituents. Letters of Grodit granted on Agents and Correspondents all over the world.
INTEREST allowed on Current Accounts si
2 per cent, per annum on Daily Balance and o Fixed Deposits a rates which may be ascertained on application,
F. C. MACDONALD,
Manager. Hongkong, 18th March, 1913.
1969
SHANGHAI
BANKING CORPORATION.
HONGKONG
AND
PAID-UP CAPITAL
BESERVE FUNDS I
STERLANG
SKUTSE
$16,000,000
$17,200,000
$32,200,000
£1,500,000 et 2/-$15,000,000
RESERVE LIABILITY OF PROF TOKS$15,000,000
1 CATRE OF DIRECTORS /
S. H. DODWELL, Eq-Deputy Chizzian.
G, Friceland, Esq.
CS. Gribbsp. Eeg.
P. H. Holyoak, Esq.
. B. Lauren, Esq.
F. Lieb, Eag
W.L. Pattanden, Esq. J. A. Plammer, Esq. Hon. Mr. E. Shellim. 1. A. Blobs, Eeg.
CEIEF MANAGER: Hongkong N, J. Stann
MANAGER: Shanghai G. STEPHEN. LONDON "BANKERS:
LONDON COUNTY AND WESTMINSTER
BANK, LIMITED. HONGKONG-INTEREST ALLOWED.
On Current Account at the rate of Twe pez cent. per annum on the Daily Balanos,
ON FIXED DEPOSITS.
For 3 monthe, 25 per cent. per Annum. For Cmonths, 31 per cent. per Annua For 12 months, 4 per cent. per Annum,
N. J. STABD,
Chief Manager. Hongkong, 10th April, 1913,
118
AND.
Ба
"A brilliant book."-The Times BY E. C. Cook and Enlarged Edition F. T. Coox, MA.
24 Maps and Plans ENVIRONS.
60 Illustrations, NORTH WALES.
60 inatrations, 10 Maps 55.
DEVON AND 20 Ilustrations. CORNWALL
12 Maps; 58. Visitors to Brighton, Eastbourne Hastings Bournemouth, Wye Valley, Bovern Valley Bath, Weston-super-mare, Malvern, Hereford Worcester, Gloucester, Llandrinod Wells Llangollen, Aberystwyth, Towyn, Barmouth Dolgelly, Horlach, Criccieth, Pelhelli, Llandudio Rhyl, Bettws-y-cord, Tlo of Wight and Channel Islands should and for DARLINGTON'S HANDBOOKS 19: each.
18., THE HOTELS OF THE WORLD, A Handbook to the leading fotels throughout the World. AS A RES
LLA GOLLEN: DARLINGTON & Co., LONDON: SIMPKIN & Co.
NA
#
RIGAUD'S
KANANGA
OF JAPAN
TOILET WATER
Beware
of Imitations.
木
RIGAUD & C
PERFUMERS
8, rue Vivienne, R
Paria-France
#
9-231