alter Jamere
WAPIER JOHNSTONE'S
**SQUARE BOTTLE "
WHISKY.
UNVARIED FOR OVER
150 YEARS.
THE HONGKONG, DAILY PRESS, FRIDAY, JANUARY 30TH, 1914.
SILVER PROSPECTS IN 1914.
WORLD FACTONS DISCUSSED.
PRODUCTION AND DEMAND.
A copy of Messrs. Samuel Montagu & Company's annual bullion letter dealing with the events of the past year has just come to hand. Extremely interesting as it all is, space will not permit us to quote more than the following extract in which the prospects of silver in the present year, are discussed.
Although the story of silver fails to interest, clues as to the future movements of prices are far more enticing to the practical man. A consideration of the source of demand and supply is therefore necessary in order to obtain some idea of
D
THE SAME TO-DAY AS IN the prospects of silver in 1914. -
1745.
BEWARE OF IMITATIONS.
SOLE AGENTS IN HONGKONG LANE GRAWFORD & CO.
and from ALL WINE MERCHANTS.
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Although industrial consumption must ultimately absorb all surplus silver, prices are unlikely to give way much for that reason. The following extract from a New York paper betrays the charac teristic optimism of the energetic people of that city, and evidently contains more than
"ID mere germ of truth: sensitising film and paper for use in photography pure silver bullion is treated with nitric acid, and so large has the business grown that the leading produc ing firm in America uses one-thirtieth of the silver output of American mines, or five tons a month. “ Photography is pursuit which gains in interest. It must not be forgotten that the fall in the price of silver to the neighbourhood of 24d, few years back opened countless new outlets for silver goods. These new ases would not be checked appreciably by the
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ANYO MARU, Japanese str., 1,345, Yama
moto, 26th January-Chingwantạo 28th January, Coal-Mutsui Bussa Kaisha.
rise of a few pence in the price of silver, INDO-CHINA BRICKS. TILES, PIPES ARRATION AFCAR, British str., 2,931, W.
a rise which means nothing perceptible in the value of a quarter ounce of silver spread over a portrait frame, but means A very great deal indeed to mining interests.
During the period of China's constita tional difficulties industrial consumption has had to bear the full burden of absorb ing surplus supplies If the affairs of China were on an upfettered and prosper ous basis, the lower the price of silver fell the more eager would China be to digest the metal. Abnormal political difficulties have caused China's gorge to rise against silver, Chinese exports aró neither superabundant, nor easy to bring to market in the present unsettled condi- tions. The support given to silver on account of Chinese loans has been hitherto fitful and temporary. The whole trans action of remittance is so interwoven with trade movements and the nature of Government indebtedness, that it would be rash to say that China, either on the score of loans or trade, will necessarily be predominant factor in the silver market in 1914.
The demand by India, apart from coinage, shows no sign of diminution, Possibly, greater use is being made of gold for jewellery, owing to the steadiness the means of every peasant will not admit
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"LEST WE FORGET."
A TALE OF TWO DOLLARS.
Under these headlines, the Shanghat Mercury publishes the following
The sadly harassed but brilliantly financed British Government this mouth, we believe makes its annual raid on the
IN STOCK.
· [1049-2
the payers: it would, at all events, create little anxiety in the precincts of Downing
Street.
Let us rather consider the glorious privileges to which we are entitled after payment of our feo. There can always be had, free of charge, a view of the Union Jack flying from the flagstaff of the Consulates once a year or so we may walk through the grounds. which the
His
Walker, 23rd January-Japan 18th January, General. David Sassoon & Oo.
BENLAWERS, British str., 2,520, H. W. Bee,
Sard January-Moji 18th January, Coal-Miteni Bussan Kaisha..
BORNEO, German str., 1,344, J. Koehler, 27th January-Sandakan. 22nd Janu- ary, Timber and General Melchor dr. Co.
CANADA MARU, Japanese str., 8,700, H. Yamamoto, 25th January-Shanghai 22nd January, General. - Osales Shosen Kaisha. CHEONGSHING, British str., 1,258, Liddell, 20th January-Tsingtau 15th Jan.. Jardine, Matheson & Co. CHILI, British str., 1,000, W. McIntosh,
21st January-Swatow 20th January, General--Butterfield & Swire. CHINHUA, British. str., 1,349, Findlayson, 23rd January-Manila 20th January General Butterfiold & Swire. OHINKIANG, British str., 1,999, G.
Ainslie, 27th January-Bangkok 18th January, Rice-Butterfeld & Swire CHIPSHING, British str., 1,199. E. W Schenk, 27th January-Manila 24th January, General-Jardine, Mathe son & Co.
LTD.
151-2
PROMETHEUS, Norwegian str., 1,020, H.
Jonsen, 26th January-Bangkok 17th January, Rice, Thoresen & Co. TAISHO MARU, Japanese str., 2,037, G.
Shimidzu, 23rd January-Dairen, 17th TAIZAN MARU, Japanese str., 2,045, Goda, January, General-Mitsu Bussan Kaishit.
27th January-Dairen 22nd January, Coal-Mitsui Bissen Kaisha.
TATOSTS, French str., 619, Grolhen, 27th Jaruary-Kumong 24th January,
Salt Chinese,
THONGWA, British str., 6,298, O. M.
Robins, 27th January-Moji 23rd January, General. David Sassoon & Co,
TJIMAI, Dutch str., 3,815, J. R. Buys,
22nd January-Macassar 13th Janu- ary, Sugar-Java China Japan Lijn, TJIMANGER, Dutch stk. 4,971, A. W. La
Rooy, 25th January-Miiko 21st Janu--
General. Java China-Japan
ary,
Liju.
VESSELS EXPECTED.
THE AMERICAN, MAIL.
The PM str. Persia arrived at Manila on the 27th January, at 6 p.m., and left that port on the 29th January, R.6pm, and may be expected to arrive at Hongkong on the 31st January, at The T.K.K. atr. Hongkong Maru, which left. San Francisco on the 3rd January, arrive at this port via is expected to Honolulu, Japan ports an Bhanghai on
noon,
THE AUSTRALIAN, MAIL.
of that metal as to value; nevertheless, pockets of its loyal and never-failing Chancellár of the Exchequer kindly CHUNSANG, British str., 1,418, G. the 31st January, between 6 and 8 am, of the outlay involved in decorating hia) subjects resident in Shangbai. There has provides for the recreation of family with gold ornaments, though his not, so faius we remember, yet been given Majesty representatives there is a
prosperity
India will fall
little,
Consular gaol, inspection of which is free, and there are many other advantages well worth an annual two dollars. In as an excellent, investment though we very much doubt if it actually is.
cainage depends requiring silver for after the interests of King George and his fact the two dollars might be regarded
Boon
It
Est. upon the mon“
on of 1914. The experience of the last two years seems to show that four or five million pounds worth of silver is quite a probable demand for this purpose in the event of good Indian harvests. would not be wise to ignore the undoubted tendency which has set in to make use of sovereigns in the financing of crops though any change from silver to gold coins raust, be more or less gradual in operation.
All districts are not, or, at any rate, are not yet, suited for such a
ܪ܂
THE MURDER OF IUNG
KWE-SHING.:
In reporting the assassination of lung Kwe-slung, a Tientsin contemporary states that he was travelling from Peking under the protection of two Government detec Half-at-hour before the train tives.
Mattock, 21st January-Swatow 20th January, General, Jardine, Mathe- son & Co
DAIGI MARU, Japanese str., 846, S. Tak
shige, 28th January-Tamsui 25th Juuntry,
Shoson General-Osaka: Kaisha.M EMPRESS ASIA, British str., 8,883, B. Robinson, 22nd January--Vancouver 3rd January, Mails and General Canadian Pacific Railway.
The E & A str. Empire, from Sydney, etc., left Port Darwin, for this port on the 24th January, and may be expected. to arrive at Manila on the 1st February.
The IG.M. str. Prins Waldemar loft Sydney on the 10th January, at 11 a.m., and may be expected here on or about the 2nd February.me
THE GERMAN MAIL,
The 1.G.M. str. Derflinger, carrying
EMPREES OF INDIA, British str., 6,000 Fthe German mails, with dates from Berlin of the 7th January, left Colombo on the L. Davison, 10th January-Vancouver 20th December, General-C. P. 25th January, and may be expected hero
100 or about the 5th February.
Co.
FENOTEIN. British str., 1,073, Harris, 25th
MERCHANT STEAMERS.
The AL. str. Voruaerts left, Singapore for this port on the 23rd January, and
January Swatow 24th January Ballast-Butterfield &. Swire. GLENFALLOCA, British str., 1,434. W. Lwill arrive here on the 30th January,
The str. Rubi left Manila on the 27th
currency. The question, therefore, whe Ither a sixth good monsoon will follow the part of a Consul-General or his hench- rumoured amongst the passengers that a Gardner, 20th January-Singepo January, and is dae here on the 30th
the last five is of very great importanen to the future of the market.
consideration for
and improvement, during the forthcoming vacation in the sincere hope that the hit does not render the primers liable to proseration for "Lose majeste.”
should have reached Tientsin it was prominent Chinese was lying dead in his coupe. The report was first made by the detectives, who are alleged to have been absent for some time from Tung'a compartment and that it was during the absence that the murder, was committed..
There was great commotion on the train, and on its arrival in Tientsin the two detectives were placed under arrest.
A scene of the wildest consternation was
the customary official order by His rity has increased
in recent Majesty's no greatly
most honourable representative, years It may, therefore, be assumed that but we very much doubt if any oversight
inut the industrial consumption of silver on the part of the gentleman looking probability o
merry men (including Chancellor George) will later be accepted as an excuss by the tribunal before which common or garden mortals may be haled for their sins of omission. Evon the most ignorant of laymon knows that ignorance of the law is no excuse and ignoranco, like charity, covers a multitude of tius almost certainly, though
quote wo cannot authorities, inclusive of forgetfulness, lack of funds, and such like possible tenderings to the dispenser of Justice On the other hand we cannot call to mind single case where absent-mindedness on men involved the delinquents in anything more serious than a jocular remonstrance Germany and other European countries We throw out the suggestion of this palpable gross neglect in the statute will certainly continue to figure as in Port hooks of Great Britain first to the home ant factors. The former country has
Business Govern- found silter a safe means of supplement socialists or to the fits or chest, and in the presentment Party so keenly advocated by our state of International affairs no reversal old friend John Bull. Failing acceptanes in these quarters, we submit it with all of this recent policy is at all likely to due aumility to the local feral fraternity take place.
a consequenes of financial difficulties. lexico coined silver, considerably in the
witnessed at. Tientsin Central Station year 1915, and it is very probable that
The people rushed about in alarm and further silver. will be required in 1914
assumed a threatening attitude, being only kept in check ni the point of the for the purpose of minting coins of lower donorinations than the peso,
By the time the unfortunate reader bayonet, The body
There were seven foreigners in the politie of Mexico is not healthy; from reaches this stage in what we may warn day to day no one knows whether or not him is not a news item but some small dining car when the murder was dis not conclude by covered and they rushed to the coupé the heart, that is to say, Mexico City, will consolation - will
Silver raised from the advocating the buying of the latest indicated by the Chinese. This was in bo affected. vicinity of Mexico City has been almost medicine on the market, Le probably will the first class car nearest the restaurant, unaffected by recent events, although be searching his brains for the discovery, They found Tong lying on the seat quite supplies of ones usually sent northward of what it is all about. Summarico, dead. He was in a white gown and wear to the United States, have had to be held then, it is a question of two dollars, or ing foreign boots. The deceased had been A continuance of trouble must to as the Americans might style it."two stabbed in the right side. A blood. back.
Mexican brendearners Our recollection some extent check the cutput of this most
is not far astray when we say that this ined dagger, similar in appearance to important of producing countries.
There were abundant The outputs of Canada and the United is the month during which all Britishera foreign hunting knife, lay on the The production of Canade can increase H.B.M.'s Consulate on the Band. After States of Americe next merit attention. are expected to part with this sum at opposito seat.
we must immo no longer at the enormous ratio of which announcement fow years back. It is a question whether diately apologise to our British readers, that of 1913 has exceeded that for 1912, It really is too bad to remind them of the which was stated officially as 31,031,710cz, debt which they doubtless were willing, and there is no reason to expect that the if not to forget, at least to fail to remem output for 1014 will show any improve bor. But patriotism is a glorious virtue, meet In fact, some falling off is not at and, calling to mind our duty the other all unlikely. The mining industry of day, we feel compelled to pass the good the United States of America stands on word along to brother-patriots. so secure and conservative a footing that splendid idea to now and again mulct a system of gradual and steady develop the subjects of King George in a couple ment is followed. The rather better level of dollars. It assures at least an annual of prices which has obtained recently reminder of one's country and one's King: may have encouraged the working of even if it also brings to the front the lower-class nres, bat, even if this should problem of where these two dollars have been the case. no important altera disappear to. Certainly Lloyd George tion in the production from this quarter cannot know of them directly-pray is likely.
Heaven he may not hate these To sum up, demand, as a whole, is brought to his attention or he would likely to be good, especially as a large doubtless by this time have given Shang Indian "en" account is still in hai residents an overwhelming reason why existence, whilst production has little the annual fee would be very much more chanics of expansion, and the world's convenient if a five dollar bill were So apparent stock is much reduced. In these payable instead of two big dollars.
may far the little hea-roost in the Far East circumstances, whatever portion
The C.P.R. str. Empress of Japan left remain of the stock lately held by the has escaped notice and we live in hope. Indian Specie Bank, and taken over by But, after all that, we are still as far Yokohama on the 29th January, and is the 30th reason for the due to arrive at Kobe on- the Syndicate it cannot be regarded as Away as ever from a a burden upon the market in the year garnering in of this harvest. Probably January, at 4 p.m.
The Silk shipped from Hongkong by 1014, nor as any obstacle to the higher it is better, after the remembrance of the prices possible should another prosperous gentleman who presently controls the R.M.S Empress of us is on the 1st State finances not to press the question January, reached New York on the 26th year in India become a welcome fact.
too far. It might end disastrously for January.
gas of a struggle having taken place. No one on the train. appears to have heard any sound
13th January, General.-Chinese.. GLEKOOLE, British str., 2,308, V. Graves, 21st. January-Singapore 16th Janu ary, General-Chinese.
HAICHING, British str., 1,267, W. O. Paes
January, at daylight,
The A.L. str. Bohemia loft Singapore for this port on the 25th January, and
will arrive here on the 31st January
The Ben Line str. Benvenue, from Middlesbro and London, left Singapore for this port on the 34th January, and
The Danish str, Indien loft Port Said on the 10th January, and may be expected here or about the 1st February,
more, 25th January Swatow 27th January, General.-Douglas Lapralk -& Co. HANDSANG, British str., 1,356, 5. Wilde, may be expected to arrive here on or
24th January--Shanghai 20th Janu-about the 31st January ary, Conoral-Jardine, Matheson & Do. Hoow, British str., 999, McCulloch, 24th JanuaryPort Courbet 24th January, Coal-Butterfold & Swire. HOSANO, British str., 1,359, Robertson, 97th January-Chingwantao 22nd January, Coal-Jardine, Matheson & Co.
Jobien & Co.
The N.Y.K. str. Colombo Mare (Bom-
bay Line) loft Bombay for this port via Singapore on the 14th January, and is expected here on the 1st February.
5th February
Maru
The H.A.L. str. Aragonia left Sabang
7th
The N.Y.K. str. Tamba Haru (Ameri- can Line) left Yokohama for this port via Hsicom, Chinese str., Westerlund, 24th ports on the 19th January, and is expect
The NY.K. str. Kamakura January-Shanghai, 21st January, Gen-ed here on the lot February. eral-Chinese ICHANG, British str., 1,228, Shane, 25th (Bombay Line) loft Bombay for this port January Port Courbet 22nd Janu-vie Singapore on the 18th January, and
is expected here on the 5th February ary, Coal Butterfield & Swire.
The H.A.L. str. Andalusia left Moji. Hoihow 20th January, General via Tsingtau on the 26th January, a.m., JOHANNE German str. 951, Ipland, 23rd Jan.
and may be expected here on or about the KatrONG, British str., 1,987, H. Mathias,
26th January-Haiphong 24th Janu-. ary, General-Butterfeld & wire. on the 28th January, a.m., and may ba LANAN, British str. 1,356, W. O. Jones, 23rd expected here on. or about the
January-Shanghai 90th January, February. General-Butterfield & Swire.
The N.Y.K. str. Kumano Maru (Aus- LLOCHOW, British etr., 5,838, FWtralian Line) left Melbourne for this port Caltum, 25th January-Shanghai via ports on the 14th January, and is 22nd January, GeneralButterfield expected here on the 9th February, "..& Swire.
The N.T.K. str. Katuri Maru (Euro- LS/MOON, German str., 1,938, Abshagen, peau Line) left London for this port via 24th January Saigon 20th January, ports on the 3rd January, and is expreted Rice.--Chinese.
here on the 11th February. A MACHEW, German str., 995, Zollner, 22nd January-Hollow 21st January, Rice. NewButterfield & Swire.
MEXICO CITY, British str., 2,871, Starkey, 96th January-Moji 20th January,
LATEST STEAMER MOVEMENTS.
The E. & A str. St. Albans left Sydney. It is a for this port on the 38th January, via Queensland Ports, Port Darwin, Timor and Marila, and may be expected to arrive here on or about 21st February.
Tines
The Mogul Lice str. Atholl left U.K. on the 31st December, and is due to arrive here on or about 14th February.
The Barber Line str. Satsuma left you the 14th January, and is due to arise here on or about 14th March.
The Mogul Line str. Pathan left UK. on the 25th January, and is due to arrive
hern on or about 5th March.
The str. Glenlogen passed the Suez Canal on the 27th Jacuary, for Hongkong via Straits.
Coal-Chinese.
sen, 22nd January Hoihow 21st MICHAEL JEBSEN, German str., 957, Jacob
January, General-Chinese. Narro MARU, Japanese str., 1995, Kate, 2nd January-Hongay 19th January, Coal.-Mitsui Bussan Kaisha. PHA NANG, German str., 1,025, N. G. Mager, 31st January--Saigon 16th January, RiceA, Bune & Co. PITSANULOE, German str., 1,267, W. Tau- bert, 25th January-Bangkok Tib January, General. Butterfeld
Swire,
&
The N.Y.K. tr. Aki Maru (American Line) left Scattle for this port via ports on the 12th January, and is expected here on the 15th February,
The Barber Line. str. Satsuma sailed from New York on the 14th January for
Hongkong.
INDO-CHINA STEAM NAVIGATION CO., LTD.:
kong 1st February.
Loisang, from Calcutta, is due in Hong- Fooksang, from Calcutta, is due in
Hongkong 6th February.
SHIRE LINE, LIMITED, Fennacher, from Tacoma, is due in Hong-
kong 1st February. Cardiganshire, from London, passed the Canal 2nd January, is duc in Hong- kong 2nd February...