Page
TTIMATIONS
S. MOUTRIE & Co.,
LIMITED,
SOLE AGENTS
for the famous
WEBER & ALLISON
PIANOS
BRITISH-MADE THROUGHOUT.
NEW
MODELS
JUST RECEIVED.
INSPECTION INVITED.
HOUSES TO LET
FURNISHED FLATS,
THE Undersigned are prepared to furnish T
some of their Tregunter Mansions (May Road) flats to suit intending tenants. These Mat have first-class appointments which include English Baths and Kitchen ranges, hot water supply and water-closets. They are of two kinds, viz.: Flats with 2 Bedrooms and Sitting Rooms and Flats with 3 Bed rooms and Sitting Room. The latter are apecially suitable for Bachelors. Arrange ments could be made if desired for the use, in common with certain other tenants, of the adjoining fresh water swimming bath.
Apply to-
HUMPHREYS ESTATE & FINANCE Co., LTD. Alexandra Buildings,
Hongkong, 28th January, 1918.
TO LET FURNISHED.
[905
5, MORRISON HILL. 6-Roomed
THE HONGKONG DAILY PRESS, FRIDAY, FEBRUARY 11m, 1916.
CHEMICAL INDUSTRY IN
JAPAN.
GOVERNMENT SUBSIDIES TO ENCOURAGE MANUFACTURE.
ת
FREIGHT MARKET.
ist.
Messrs, Snowman & Co. of Hongkong, in their Freight Circular, dated 5th Feb "ruary, report
Since the issue of our last circular With reference to the proposal of the under date of 22ndult a fairly large Japanese Government to grant subsidies amount of chartering business Eng bean put through, but the difficulties of obtain for the manufacture of dyes and chemicals,ing tonnage are as great as ever. Regular H.M. Commercial Attaché at Yokohama lines-even at this time of the season- (Mr. F. E. Crowe, C.M.G.) reports that own sphere, and Northern tonnage is not havo sufficient good employment in their regulations in connection with the Govern competing for Southern business unless ment scheme have been published. Inat enhanced rates. The rate Saigon to this port within the last fortnight has brief these regulations are as follow:
advanced from 37 cents to 55 cents, Saigon The Japanese Government will pay to Philippines from 80 cents to 75 cents three subsidies-one to
Company
per picu, and at the close the market is apecialising in the manufacture of dye, la a decidedly stronger position than it stuffs whose capital is at least 6.000.000 was to rates considerably advancing short- this time last with every indica- ven, the second to a company manufactur ing glycerine and carbolic acid whose 1. It is interesting to recall that rates capital is at least 1,200,000 yen, and the then lood Saigon to Hongkong at 18 cents third to a company manufacturing drugs
and Saigon to Philippines at 30 ante whose capital must be at least 500.000 respectively. It certainly looks as if the yen. Anyone who desires to organise a present "boom" is going to continge right and charterers, subsidised company for the manufacture throughout this season, of dyestuffs and chemicals must apply to realizing that very stiff rates are going. the Minister of Agriculture and Commerce to be secured by owners again this year, for permission to establish the projected have taken additional boats on time-char concern, but in the case of drugs per-ter for long terms, Vessels taken up only mission should be sought from the Minisa couple of months ago have now been re- ter for Home Affairs. When part of the chartered, as it seems for Rangoon Straits in- capita is paid up, the first general rade, at extraordinary high figures meeting of the shareholders completed, deed. Besides this some 6 Norwegian well- changed hands in and the new company-duly registered in Krown coaster,proceding home shortly, the Courts, the promoters at the company where they can be employed more profit- are entitled to ask for a subsidy.
ably than out here even at the present phenomenal high rates, and this should The Government ganraatees to each comfurther strengthen our market after they pany a dividend of 8 per cent, per annum, making up any deficit. Each company must lay aside one-twentieth of its net annual profils as a reserve fund. If its sires are inshed at above pay the pre- riium must be included in the reserve tund. A special reserve fund is also to be provided in order that the company muy come self-supporting as soU S possible, and to this fund will go one-half of the excess net profits after the dividen hasas foreshadowed in our last circular of 8 per cent, per aumu has been paid.-witnessed quite a stir in our market in Terrada, The balance of the excess may be distri-connection with Saigon freights, prin- hotel amongst the shareholders, the maxicipally for Hongkong, and the keen um dividend from this source not exceed demand for prompt tonnage caused rates ing 4 per cent. per annum; the residue to tend upwards to quite an appreciable will be included in the special reserva extent. A steady demand still prevai's fund. The conduct of the subsidised for loading shortly after the holidays at 55 cents, but even at this figure owners companies will be under the strict sure
are holding back. The highest rate Sai- veillance of the Government,
gon to this port during last year was The products provided for under this paid in July, namely, of cents--and con- law are as follows-Acetanilide, benzoic adering that this now only the opening Facil, oarbolic acid, salycilic acid, anti-season it is hard to tell how high freights
pyrin, bromine, hydrate of chloral, will go.
(29-5
A
HOUSE
Kowloon
TO LET
in
Apply
Knaisford
THE HONGKONG LAND INVEST. MENT & AGENCY Co., LTD.
[37 Hongkong, 24th October, 1916.
TO LET. FFICES ST. GEORGE'S BUILDING, OFE
Second Floor, Overlooking Harbour, immediate possession,
Apply to- Hongkong, 3rd December, 1914.
GUARANTEED DIVIDENDS,
have left these waters...
The North reports that the coasting trade is unusually brisk, and instead of the usual drop in rates at this time of the year they are, if anything, fruer, and 1 is fully expected that they will go much higher immouetely after the Chinese New Year lidays.
SATOON-HONGKONG.The past fortnight
chloroform, cresol, formalín, glycerine, Rice exports from Saigon during last bonate, cresote, alkaloids, and chemical year amount to total 1,084,504 tons, as com-
guaiacul. caustic potash, potassium car
HONGKONG VOLUNTEERS.
--ORBRES, NY LIBUS-COL, A. CHAPKÁN, V.B.
AVI
1. Prito G. Fisher is granted lave
PARAUKS
INTIMATIONS
THE HONGKONG AND WHAMPUA DOCK COMPANY, LID.
of absence from 16th February, 101NOTICE IS HEREBY GIVEN that GENE- an EXTRAORDINARY to 15th February, 1917. Private B.
. St.Amory is granted leave of ab- RAL MEETING of the HONGKONG AND WHAMPOA DOCK COMPANY, sence from 1st March, 1916, for the LIMITED, will be held at the Company's duration of the war,
Office, Queen's Buildings, Victoria, Hong- keng, on MONDAY, the 14th February, 1916, at 12 o'clock, Noor, when the sub- 2.Parades for Friday, 11th instant,
5.15 p.m.-Nes 3 and 4 Sub-sections joined Extraordinary Resolution, which Was passed at the Extraordinary General Arty. Batty (as detailed in Corps Meeting of the Company held on the 17th Order No. 4 dated 30th December, January, 1916, will be submitted for 1918)-10 pdr. gun drill at Head-Confirmation as a Special Resolution. quarters. Sergt. Bradley, R.G.A.. "That the Regulations contained in the will attend,
printed document submitted to this moet- 5.15 p.m.-No. 3 Section Scouts Cing and for the purpose of identification (all members)-M, G. instruation a subscribed by the Chairman hereof be amonded as "boreafter set out and that Headquarters. 5.16 p.m.-Stretcher Bearer. Secti14 such regulations so somended be and the
Instruction at Headquarters.
same are hereby approved and adopted as 1.30 p.m-Engineer C.-Squad drill the Articles of the Company in substitu and Musketry exercises on Kowloon tion for and to the exeusion of all the
existing Articles thereof." Cricket Club ground, ünder Sergt.- Major Higby.
3-Note.-N.C.Os, and men doing duty at Tai-Ho-Wan and Stenventters will receive pay according to rank and allowance (in lieu of rations) for the days they are on duty. O.Cs, Com panies and Sections will submit pay sheets (in dupliente) monthly.
G. E. STEWART, Capt..
Adjutant, B.B.V.C.
NOTICE.
The said amendmentą are:-*
That Article 07 be amended by the elimination of the words the Chairman " in line one thereof and by the substitution of the word three" for the word "fine"" in line two thereof.
That Article 82 be eliminated...
That the following words be added at the end of Article 84 but any such appointment shall be subject to confirma- tion by the Company at the next ordinary. Yourly Meeting."
That, paragraph (b) of Article 90 be eliminated and the following paragraph substituted therefor:-
(b) A. Director who is a member of, or UNITED SERVICE HOOKCY, LEAGUE.
Director of, or a member of the Consult ing Committee of, or otherwise interested The following have been selected to re- present the Corps in a natch 83rd Co., a l'ublic Company which is interested in any contract or arrangement brought G.A on Friday, February, 11th
up for determination at any Meeting of Le-Ups. Edmonds and Vivcash,
the Directors shall notwithstanding be- Pies. Brayshay Dyer Ball, Evans, entitled to vote as a Director in respect of Hamilton, Mitchell, North, Red such contract or arrangement provided:--- mond, Sara and Sim
(a) That he has disclosed his interest in
uch Public Company before such cơn tract or arrangement is voted upon by the Directors.
HONGKONG VOLUNTEER RESERVES
ORDERS MY MAJOR WAKEMIN, 0.0.. E.K.V.B
Parades for Friday, 11th inst., at 5.15
p.m. :-
"C" Co, on the Cricket Ground. Drons:
Drill order. Signalling Section at Volunteer Head-
quarters. Uniform to be worn.
DETAIL.
(b) That the Public Company so in
terested is not a Company whereby a private firm became incorporated and, (c) That he is not a General Manager of the Public Company in question and that the firm in which he is partnor
or which he represents are not the General Managers or General Avents of such Public Company.
Save as above provided no Director shall as a Director vote in respect of any
SHEWAN, TOMES compounds and derivatives of the forepared with 1,292,369 tons during 1014, and On duty from the morning of the 11th inst, shall not be counted
TO. LET.
#Col
[38
TO. 5, MOUNTAIN VIEW, PEAK.
No
No. 56, ELGIN TERRCCE,
GLENIFFER," 3, Hankow Road, Kowloon. "EILANDONAN," No. &,Des Vieux Villas,
going: the by-products obtained from coal 1,109,610 tons during 1013. by dry distillation process, as follows:
Quotation stands for February-March Light oil and neutral oil, crude and re-shipment at 84.17 per picul.
SAIGON-PHILIPPINES. Two settlements fined benzol, toluol, xylol, carbolic acid, have come to pass during the interval naphthalin and anthracine; materials from which gunpowder and explosives are under review, a Philippine-owned vessel to be manufactured, as follows: carbalearly in the fortnight at 55 cents pesos and just at the close a local vessel secured acid and glycerine.
1577 cents per picul to opt, 2 ports VI, respectively.
SATOON JAVA-The expert opini BANGKOK HONGKONG: In this direction also a couple of outsiders have been placol. nt 53/48 cents and 65/38 cents per picni
NHouse, Bedrooms and 4 Bathrooms. No, 54, TE PEAK, Fully Furnished, including Attache darang
Yposat from int March.
Apply
TWO
·HARRY WICKING & CA
TO LET.
WO HOUSES in "STONEHENGE,, No. 5, Robinson Road. Newly done-up
and remodelled,
Fach House contains downstair Two Good Hooma and upstairs Three Bedrooms, each with Bathroom.
Onthouses and Grass Tennis Court. Shortly available for occupation.
Apply to
DAVID SASSOON & Co, Lrs. Hongkong, 22nd December, 1915.-- -[112
TO LET.
FFICES in Queen's Building.
Apply
THE HONGKONG LAND IN VEST: IMENT & AGENCY Co., LTD,
(105 Hongkong, 9th December, 1915.
TO LET.
NO.11, GAGE STREET, from 1st January,
1916.- Apply to-
Piano, from 1st May to 30th November,
નવી વ #TOMPILAND STREET. No. 21, SHELLEY STREET No. 26, SHELLEY STREET. No. 25, SEYMOUR ROAD, WOODLANDS VILLA WEST,
No. 58, PEEL STREET on Calze Road lovel
"GLENSHIEL," No. 141, Plantation Road, Peak, from 1st November, 1915.
LEWKNOR," No. 126, 2нE Prak, "HARTING," Austin Road, Kowloon. No. 3, "THE ALBANY”
"BOSENOS TERRACE.
'2, Hankow Hd, Kowloon.
No.
No. 25, BELIETOS TERRACE, with entrance on Coadait Road.
ONE GODOWN, No. 8, Barrows Sirwi, Tiershi
TWO GODOWNS, in Daddell Street. No. 2, DES VEUX VILLAS, BI, PRAX (Unfurnished)
No.68, Tam Pux (5 CAMERON VILLAS. Apply to LINSTEAD & DAVIS,
3rd Floor, Alexandra Hafidio ya. Hongkong, 11th February, 1916.
ASAHI
100
J. VINCENT BRAĞA, Toyo Kisen Kanisa, Hongkong, 18th November, 1915...
TOS.
NOPRAK
Apply to
TO LET.
And 10
MOUNTAIN VIEW,
M. J, D. STEPHENS.
Hongkong, 12th November, 1916.
TO LET.
[37
THE KENNELS," 188, Magasine Gap T Thoroughly renovated and repaired.
Apply
THE HONGKONG LAND INVEST.
MENT & AGENCY Co., LTD, V Hoogkong, 10th November, 1916. [95
TO LET.
DAVENSHILL EAST,
Park Road,
Raining & Rooms, 3 Bath Room,
Servants Quarters, &c. Vacani 1st November.
Apply
DEACON, LOOKER, DEACON &
HARSTON,
Hongkong, 19th October, 1915.
TO LET.
[00
TWO ROOMED-FLATS in Nathan Road,
Kowloon. THREE-ROOMED FLATS in Humphrey's Baildings, Kowloon.
DAI NIPPON BREWERY
36
BEER
CO. TOKIO
JAPAN
FOUR ROOMED FLATS in May Road, with every modern convenienes, including English Bathe and Ritohen Ranges, Hot Water and Water Carriage Syriam. A fow Fils specially designed to accommodate three bachelors at reasonable rentals. Immediate | DETAINABLE "EVERYWHERE. possession,
FOUR-ROOMED HOUSES LIn Gordon Terraco and Salisbury Avenue, Kowlcon.
Apply 10
·SOLE AGENTS
HUMPHREYS ESTATE & FINANOS - MITSU BUSSAN KAISHA.
Co., LTD.
Alexanden Buildings,
Hongkong, 29th December, 1915,
HONGKONG,
108
COMPANIES BEING ORGANISED. According to later report from H.M. verament subsidies under the above re- engaged in the manufacture of
gulations. One company with a capital for loading inside/outside bar respective-"
ly. It is generally anticipated that the rate will advance to 75/80 cents per picul within next fortnight.
of 3,000,000 yen, intendy to take over the business, etc., of an oil company at Osaka, The second company, nauufacturing me
DALNY-CANTON. Nu fresh chartering dicines and chemicals, intends to specialise in the manufacture of formalin and its has transpired since last reported. derivatives, and in other carbon com- Coal freights from Japan remain as firm pounds. This company will have a capital as ever and tonnage is easily placed at. of 500,000 yen, and will acquire the formaY.3.50 per ton any size prompt and for
in works of an existing Japanese concern ward delivery. engaged in the production of acetic acid, The third company produce, medicines, and will have a capital of 1,000,000 yen.
H.M. Commercial Attaché further re- ports, with reference to the proposed | establishmont by the Japanese Govern
ment of a company for the manufacture of dyestuffs, that it has now been arranged that the proposed company will be formed with a capital of 8000,000 yen. The first factory will be built in Tokyo or Genka, or in the north of Kiushiu (probably close to the Wakamatsu ironworks, whence the necessary benzol will be obtained).
COTTON AND YARN MARKET. Mesars Polishwella & Kotwall, cotton yarn brokers of Hongkong, in their re port dated February 10th, statė :---
The activity advised in our last circular which is dated the 28th ult, became some. what pronounced during the beginning of the fortnight and transactions to the tune of 4,200 bales were brought to the books at a small premium on Jast rates. The New Year holidays have since inter- fered with business and no sales have transpired during the latter part of the period under report.
SAIL TONNAGE IN PORT-Noue,
Messrs. Snowman & Co.'s advices received from London dated 31st December, 1915, are as follows :—.
Our last freight report was dated 17th instant.
This is our last issue of a most oventful. year in the freight market, during which rates have risen to a height over dreamt of, and the close of the year shows zo prospects of nay relief,
in
FAR EASTERN TRADING-There are still no fixtures to report, as Charterers have been unable to keep up with other markets, and tonnage that is bound to Vladivostock to discharge has been chartered to leave ballast for Kobsichang, and has secured 135/3 from this port, Japanese coal freights also are very much firmer, and steamers can gecure 8 yen to Singapore in conjunction with the rica freights ob taining so very much better results than the bean Charterers can offer. Shanghai is still very anxious for tonnage for sesame seeds, ete
PHILIPPINES.-Wo have no fixtures to re- port from this market, but tonnage is still required.
RICE.-Considerably higher rates are now offering from the various rice ports, Saigon indicating 140/-. Kohsichang has paid up lo 142/6, Burmah 135/-, but even at those The demand so far has been to a certain figures Charterers are finding it exceeding- extent speculative, prompted, as it any difficult to secure tonnage. pears to be, by sentimental consideratious, INDIA.This market took another big and dealings have been confined only to a jump, and 150/-on d.w. reported to have couple of buyers, who have ventured op-been secured by a small Japanese steamer eration, in sanguino anticipation of an from Calcutta to Dunkirk with guaranteed active revival of the country trade after discharge, net terms. Bombay paid up to the Halidays, otherwise the present con- 105/- U.K., 110 States and Karachi litions in the interior do not warrant any 105/- Madras Coast and Malaliar Coast bolstering-tip of the market.
are also keen competitors for tonnage, and 100/- is indicated from the former.
There has not been much interest round No. 10s spinning. No. 129 have again endistel attention and good lots of select styles have changed hands. Business in No. 20g has been insignificant
The market closes steady but on the qutet side, the holiday feeling being not yet over. The Bombay market has all along been keeping much above the China markets owing to. stiff cotten Sand advancing freights, and replacements are estirely out of the question.
Total sales 4,200 bales.
STOCKS. Unsold and undslivered in the godown, 63,000 bales,
Shanghai bas begun to look up and sales are reported of good pareels at gradually advancing rates.
JAPANESE YARN. The market has firmed up $2 to $3, the following, being the tran- sactions heard of: 450 bale Yellow Joss No. 20s at $1994 to $131: 100 bales Setsu No. 204 at $135 to 8136; and 25 bales Three Horse No. 16s at $127.
RAW COTTON-No stocks for Bengal Chinese no sales. Quotatious: Bengal to $27; Chinese 830 to 834 per picul.
The H.K.V.R. will relieve the H.K.V.C. contract or arrangement in which he is interested and if he do so vote his vote on Friday, 11th inst.
the That Article 98 be amended b substitution of the word "five" for the word seven" in line four thereof
That the following new Article be in- serted after Article 38:--
to the morning of the 18th inst,-"A
Co.
Orderly Officer for the same period-Lieut.
Hancock.
FIELD "AY.
"A" "B" and "C" Companies, except
those living at Kowloon, will parade on the Cricket Ground at 8:45 am. on Sunday the 13th inst, and proceed by Iving at Kowloon and the Taikoo Bee tion will assemble at Kowloon City Pier at 9.30a.m. Dress: Drill order; topees to be worn. All signallers will attend,
G. K H. BHUTTON, 'Capt.,
Adjutant. H.K.V.R
HONGKONG POLICE RESERVE.
COMMENDATION.
"The Company may, by Extraordinary Resolution remove any Director before the expiration of his term of office his and appoint another person in stoad. The
My use so appointed shall
Buchbinie
ap- the Director in whose place he pointed would have held the same it he had not been removed."
That the following words be added at the end of paragraph (a) of Article 98:
"A Director who is entitled to vote (aa,
provided by Article 90. (b) notwith- standing his juterest is to be counted in a quorum, but otherwise a Director who is interested is not to be counted in a quorum,
That the words "to any regulations" be aliminated from line seven of Article-
General Order No. 6/1916 reads: 107 and that the following words bo sub- Gaskell, of the Hongkong Police Restituted therefor "subject also to such is commended by the Capt.-Supt. (if any) regulations aro and that
nerve,
of Police for his resourcefulness whilst the words not being inconsistent with off duty in effecting the arrest in Na-such provisions or these presents" be than Road, Kowloon, on the 31st Janu-eliminated from lines eight and nine of ary, of a reckless cyclist, who collided Article 107. with and upset a ricsha carrying That paragraph (p) of Article 105 be
eliminated. passengers,
That Article 112 be eliminated and the following Article aubstituted therefor:-
RESERVA YUND,
CANTEEN ACCOUNTS.
Accounts are being issued to Platoon Com
manders, who will collect and settle samo at this office on or before the 15th instant.
MUSKETAY
PART II. SUNDAY, 13TH FEBRUARY, 1918. Tu addition to the Platoons notified in Orders of 7th and 8th February to at- tend on the above date, Sergt. Gibson and members of No. 2 Platoon, No. 1 Co., who have passed Part I., will also attend, leaving Blake Pier at 12.30 p.m. The following N.C.Os of No. 1 Co, will attend at the same time for Range Duties:Inspector Lammert, Crown Bergt. Eustace, Bergis. Fothergill, Wilks and Butterfield.
F. C. JENKIN,
D.S.P. (R.)
À DEMOCRATIO ARMY, -
WAR'S LEVELLING INFLUENCE.
The levelling influence of this war is nowhere more evident than in theatres and music-halts, says a Home paper. It is quito common to see in the stalls a private sitting next to an officer a state of affairs cai- culated to give an old-fashioned colonel an attack of apexy-but an even more strik-
"common" soldier was furnished at one of
TIME CHARTER.There has been quite a number of steamers chartered. The latest charters include a steamer, which boat ohing instance of the higher status of the tained 47/6 with delivery Northern States redelivery UK, second half January, and the best-known West End halls the other for 12 months Transatlantic trading 24/-aight. In the half-gunea stalls were offi hins been paid with delivery UK. For cers of all ranks, from the grizzled senior on one round trip delivery UK redelivery the Staff to the newly joined "sub" As. the hous filled a khaki clad figure entered Havre via States 39/- has also been paid.
a box, accompanied by several ladies, There wers.no stars on his shoulder, and he wore, Do "Sam Browne." He had not even a stripe on his sleeve: he was just a "Tom- my" who was doing himself well. Besides the officers already alluded to there were several privates in the stalls, and one of
ALLIES AT CORFU.
The Berliner Tegellalt's Sofia correspon dent says that the French evidently intend
to use Corfu as a base for Albanian opera- them, a bray Highlander, was having tons, wherein the French, Italians and what was probably the best sleep he had on Serbs are co-operating. The Salonika force joyed for a long time. When he awoke he ill endeavour to eat the Tento-Bulgar barely looked at the stage before depart communications and they are making roads ing He may hays had his ticket given to towards Monastir. There are various rehim, but if he had paid balf a guinea mere- ports current stating that the Allied troops ly to sleep one can only conclude that he have landed at Pirmus, One says they look-lacks one of the characteristics sttributed ed around and then re-embarked.
to the Boot.
(a) The Director before declaring a dividend may with the sanction of the Company in General Meeting set aside out of the profite of the Company such aumg as they think proper as a re- serve fund to meet contingencies, or for equalising dividends, or for special dividends, or for repairing, improving. and maintaining any of the property of the Company or for the augmentation of any existing reserve fund or
for such other purposes as they thiok conducive to the Company's interests. and may with such sanction an afore- said pay out of the profits of the Com- pany such bonuses as they think fit to those members who for the twelve months covered by each profit and loss account shall have contributed business to the Company (hut so that no bonus to contributing members for any twelve months shall exceed fifteen per cent, of the net profits made during those months).
(b) The Directors may invest any sumis set aside as a reserve fund upon such investments (other than shares of the Company) as they may think fit and may from time to time deal with and vary such investments. (c) The Directors may employ the res serve fund for the time being or any portion thereof in or for any of the purposes for which it or for which auch portion was created and, in or for such other purpost as the Directors shall in their direction think con- ducive to the interests of the Company and shall have power to employ the asserts constituting the reserve fund or any part thereof in the business of the Company and that without being bound to keep the same separate from
the other assets of the Company. (d) The Directors may also with the
Sanction of the Company in General Meeting employ the reserve fund for the time being or any part there in the payment of bonuses to menbora whether the part of the resor e fund so employed shall be act art for that special purpose or notammen and that any necessary am dments to the numbering of the propose Articles be carried out.
Dated the 2nd February, 1916.
By order of the Board,
R. M. DYER,
Chief Manager. [233