Banks.

HONGKONG AND SHANGHAI

BANKING CORPORATION.

PAID-UP CAPITAL

RESERVE FUNDS:

$3,000,000,

Garilag £1,000,000 μ1 2/-

18,000,000 10,250,000

**#31,250,000

RESERVE LIABILITY OF THO

PRIETORS

....$15,000,000

Count of Dinizrons:

Hon. Mr. Henry Keswick Chair

.. Medhurst E-Deputy Chairman

Claman, Est,

FIL.Armstrong, Lay.

U. Balloch, E

F. Lich, Es

A. Forbes, Fay.

W. Logan, Esq.

G. Friesland, .

C.B. Qubbar, D.

1. Showan, q

1. A. Biely Bugs

CHRY MANAGEIT: Hongkong-N.J. BTAND.

MANAGER:

Shanghai-II. 12, R. Hussen. LONDON BANKERS-JANDON · CANTY AND WESTMINSTER Bags, Lameren,

HONGKONG-INTEREST ALLOWED. -

On Cherest Acctments at the rate of 2 por Cent, per Anna on the daily balance.

NO

UN FIXED DEPOSITRI

For month, 21% for Ceul, por kusunt, Fortsonths,}¿jeç Cent, por’Aungil

For 12 moths, é per Caat, pae Anuum.

N. J. STABU, Chief Manager.

HONGKONG SAVINGS BAYK........ THE Business of the abovet Bank is

conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION. Rules may be obtained un application.

INTEREST on deposite is allowed at Sij Pru Char. per annum.

Depositors may transfer at their option balances of 8100 or more to the Husukoso AND SHANGHAI BANK 10 be placed on FIXED DEPOSIT at 4 Pen ÜENT. per W2214510,

21

For the HusortonG AND SHANGHAI BARRINO CORPORATION,

N. J. STABB, Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND QUINA.

INCORPORATED BY ROYAL Onanten 1853.

HEAD OFFICE:-LONDON. Paid-up CAPITAL .......................£1,200,000. REKRY FUND£1,000,000 RESERVE LIABILITIES OF

PROPLIKTORS ................/1,200,000

Banks ___|| ___|||___Mails.

THE HONGKONG TELEGRAPH

TUESDAY APRIL

1911

Hotels.

ASTOR HOUSE

DEUTSUN ASIATISCHE

...BANK.

CAFITAL FULLY'

Paid-uri...8h. Taols 7,500,000:

1/BAD OFFICE¬¿ÕHANDHAT,, BOARD or Dingorong-BenLIN.

BRANCHES

Berlin Colgatta Hamburg lankow Kobe Toking Singapore Tisatsin Tainuníu Tringtaŭ Yokohama,

LONDON BANKERS : Mossrs. N. M. RoxasCHILD & SONG, THE UNION OF London and SMITH'

BANK LIMITED. · Derson BANK (BERLIN), LUXOR

"AUENCY.

Diunction 'Dan Disconto GMaxLL"

:1 NCHLAFT.

INTEREST allowed on Current Account. DEPOSITS received outerms which may be learned on application. Every description of Banking and Exchange business transacted.

R. TIMMERSCHEIDT, Manager. Hongkong, 16th Mar., 1911. [z

HONGKONG JOCKEY CLUB-

1

NOTICE.

HE HALF-YMANLY MEET- ING of the above Club will be hold on SATURDAY, the 22nd April, 1911, lat 12.30 pang at the Olfines of the Jockey Club" on tho Ground Floor of the Hongkong An- nexe, Chater Road.

By Onler,

T. F. HOUGH,

Clerk of the Course. Hongkong, 19th April, 1911. [1046

CHINA MUTUAL LIFE IN- SURANCE CO., LTD. HEAD OFFICE, SHANGHAI, DIRECTORS AND OFFICERS;

3. A. Wattio, Esq., Muunging

iliretur.

A. J. Hughes, Esq., Secretary. S. I. Nejil, Esq., F.L.A., Actuary, STRONG British Corpration Ro gistered under Hongkong Onli nances and under Life Assurance Com- parius' Acts, Enginud.

INTEREST ALLOWED on CURA

RENT ACCOUNT at the Rate of 2 per cont. per annum on the Dally Balances.

Ou Fixed Deposits for 12 months,

per vent.

"On Fixed Deposits for G months,

3% per cout.

On Fixed Deposits for 8 month,

2 per cent.

W DICKSON, Manager.

Hongkong, ith Mar., 1911.

[22

YOKOHAMA SPECIE BANK,

IMITED,

:

CAPITAL PA-U1 Yen 24,000,000 RESERVE FUNDS

***

D

10,850,000

Head Offloss-YOKOHAMA,

Branches and Agencies

TOKIO.

KOBE.

· OSAKA.

LONDON.

LYONS.

NAGASAKI..

HANKOW.

TIENTSIN.

PEKIN.

NEWCHWANG. DALNY.

PORT ARTHUR.

NEW YORK. ANTUNG. SAN FRANCISCO. LIAO YANG.

HONOLULU. MUKDEN.

BOMBAY. SHANGHAI

TIE-LING, CILANG-CHUN.

HONGKONG-INTEREST ALLOWED.

On Current Account at the rate of 21 per sent, por Annum on the Daily Balanco.

On fixed deposit :-

Insurance in Faros,...$37,866,885.00 Ante .......... 8,410.250.00 Insom for Your 3,500,550.00

PENINSULAR AND ORIENTAL

STEAM NAVIGATION COMPANY.

WILL despatch VESSELS to the Undanaanel PORTS on or about

the DATES named-

...

SHANGHAI

STEAMERS

5.

ÜREMARRO.

Freight and

Pasange.

Sog Spacial

Capt. Owon-dours, nixin 18tle Aprs † LONDON, VIA DEL

**Noon, CALL LONDON..and PLANTWERP via

USUAL FORTS OF Capi. G. W. Gurdon, ... 15th April] Advartiramont.

Proight end. Capt. W. H. 8. Hall, ... J. 19th Apr.). Pasengo.

SINGAPORE, { BORNEO

About

PENANG,

COLOMBO

& PORT SAID

BIANCHAL SUMATRA

MOJI, KOBEY

About Freight and Capt. W. R. Lu Mare,.. 20th Apr.f & YOKOHAMAƒ

Passage.

This statiner is oxpected to arriva on Thursday, 13th April, at 0 a.m.

For Further Particulara, apply to

E..A..JEWETT,

Superintendent.*

P. & O. 8. N. Co.'s office.

Hongkong, 10th April, 1911.

(LATE CONNAUGHT HOTEL,)

QUEEN'S ROAD, HONGKONG.

CENTRALLY situatal, up-to-date Hotel, Resently ruuvatod, and under entirely Now Management. Largo and Comfortable Rooms, Excellent Cuisine under the supervision of an Experions FRENCH CHEF, and suparate Tables, Hut and Cold Bathe. Electric Light throughout. Terus modomis, First Class socommodation for Familles and Tqarists:

Under Personal Supervision of

L. GAMEAU,

Proprietor

N. BLUMENTHAL, Manager

Talaphone, 170

Telegrams

[24.

HOTEL CRAIGIEBURN.

PLUNKET's Gar, the Puan, near the TRAM TERMINUS. · Tel. 66,

For Torus, &e., apply to the

Hongkong 22nd July, 1919.

MANAGER.

Correspondence Invited. HARRIS & HIBBERD; Props.

OUR CONTEMPORARIES:

WHAT THEY THINK.

China Maila

YEAR'S FINANCE. On the whole the roturns aro as satisfactory one could expect bearing in mind the difficult ques- tions which came up for treatment" during the year. It is true that on the total figures there is a do- ficit on the year's working, but taking all things into considora- tion we may count ourselves for- tunate that the difference is not inoro pronounced than it is. Wo wonder if the returns for the year 1011 will make more cheerful reading? Judging from recont utterances we doubt it, notwith standing the increnses made in the duties on liquor.

Daily Press.

...- CHINA BORROWS. Despite the solemn warnings [27 against oncouraging China to

BAGUIO HOTEL.

The Mountain Capital's Now, and "Modern Hotel

NORDDEUTSCHER LLOYD, BAGUIO PHILIPPINE ISLANDS. newspaper Nippon fross the

BREMEN.

Hot and Cold Baths.

Excellent Cuisina.

Running Water in Each Room..

LIVERY STABLE and GARAGE IN CONNECTION.

IMPERIAL GERMAN MAIL LINES. Bates 5 and 6 Pesos por Daga Special Monthly Rates. [902: | Attention was drawn to the fact

Fon

STEAMERS.

TO BAIL CY

Capt. O. Pahinko ....................... (T. 17,000)

(WEDNESDAY,

19th April, at Noov.,

| NAPLES, GENOA,

ALGIERS, GIBRAL-|" Kleist " TAR, SOUTHAMP- TON, ANTWERP and IEAMBURG .............................

MANILA, YAP, ANGAUR, MARONN, SAMARAI, NEW- GUINEA, BRISBANE, SYDNEY & MEL- BOURNE

Insamace Fund....... 8,216,413.00 KUDAT & SANDAKAN

LEFFERTS

Hongkong,

** PRINZ WALDEMAR

Capt. F. Iseko.....

(T:6,100)

BORNFO"

Capt. F. Sorabill

(T. 5,060))

f" PRISZ SIGMUND"

KNOX, Esq., Cantos, Macao KOBE & YOKOHAMA {O. D. Leaz...,000 District Manager and the

B. W. TAPE, ET Philippuss

District Secretary,

ALEXANDRA. BUILDING.

Ċ. LAWDER, Esq., Inspector,

• Hongkong.

ADVISORY BOARD,

HONGKONG.

Sir Paul Chater, Kt., C.MG. T. F. Hough, Esq.

C. J. Lafrentz, Esq.

Hongkong, 26th Jan., 1911. [810

NETHERLANDS LLOYD.

of

AMSTERDAM AND

BATAVIA.

The Undersigned having been appointed AGENTS for the above Company are prepared to

For 12 months per cent. p. ACCEPT RISKS against FIRE

Ir

...8-1/2

1

11

...2-1/2

TAKEO TAKAMICHI,

Manager. Hongkong, th March, 1911.

[18

:

INTERNATIONAL BANK-

ING CORPORATION, ·

CAPITAL PAID Ur...Gold $5,250,000 REGELYK FUND......Gold $3,250,000

HEAD OFFICE:-

CURRENT RATES.

WENDT & CO., Hongkong, Canton & Swatow.`

WM. POWELL,

LIMITED.

Gold $6,500,000 GENTS' OUTFITTERS.

60 Wall Stroot, New York

LONDON OFFICE:-

36, Bishopsgato.

LONDON BANKERS:

DARK OF ENGLAND. NATIONAL & COUNTIES BANK, LIMITED.

BRANCHES AND AGENTS ALL OVER THE WORLD.

"HE Corporation transacts every description of Banking and Ex- change Business, retaire money on Current Account at the rate of 2 per cent, per annum on daily balances aind scoapte Fixed Deposits at the following ratos 1-

For 12 months 4 per cent per auZUM.

For d

For S

B

GEO. HOGO,

* Manager, Pal

*No. 9, Queen's Rand Contral

EVERYTHING

FOR

GENTS'

WEAR

ARRIVAL OF

New

Summer Goods

PRICES VERY MODERATE.

28, Queen's Road.

Hongkong: 19th Feb., 1911. [19 Hongkong, 8th April, 1911, [1010

( SATURDAY,

22nd April,

at Daylight.

About the ond of

April.

About TUESDAY, 2nd May,

All the steamers of the European, Line ato fitted with Wireless Tolography,

New System of Telefunken.

For further Partionlurs, apply to

NORDDEUTSCHER LLOYD,

MELCHERS & CO.,

GENERAL AGENTS, HONGKONG and CHINA.

Hongkong, GLL April, 1911. ↑

Hotels.

[7

HONGKONG HOTEL.

FIRST CLASE AND Up-to-date,

Hongkong, 5th February, 1900,

A. F. DAVIES,

Manager. [25.

GRAND HOTEL,

No. 2, Queen's Road Cen'ra', Telephone 197,

A FIRST CLASS AND UP-TO-DATE

HOTEL.

MANAGEMENT AND CUISINE UNDER EUROPEAN MANAGEMENT.

Special rates for families on application.

F. REICHMANN,

Proprietor.

** Hongkong, 3rd February, 191r.

J. H. OXBERRY,

klavage,

1817

OPEN AIR SKATING RINK.

BELLE

AT

VIEW

Telophone No. 007....

SESSIONS. 10 A.M. to 12 Noon.

2: P.M. to 4 PM.

HOTEL

Admission 25 cents.

5 PM. 40-8 P.M

O'P.M to 11 PM

Admission 50

cents.

String Band will play, at the aboro Hotel every Sunday commencing

from 4.80 p.m. to.11 p.m.

Hongkong,, 1114 March, 1911.

GALLAGHER,

Mansge

CALDBECK,

MACGREGOR

& CO.

WINE AND SPIRIT

MERCHANTS.

15, Queen's Road Central.

ESTABLISHED 1864

mongkong, 16th January, 1911.

1080]

THE

REMINGTON

i

A

is more than a Typewriter, it is a

BUSINESS

BUILDER,

the greatest of modern

times.

SIEMSSEN & CO.,

HONGKONG AND CATOR,

General Agents for the Remington Typewriter Co.

WEISMANN, LIMITED.

borrow foreign capital uttered from time-to-timia by mon who'; are rogarded as authorities on the country's financial capacity, the indebtedness of China to foreign fininciers continues to grow. An interesting article on the subject recently appeared in the Japanese.

pon of Mr. Takokoshi, a member of the Dict. The articlo hnd spociul roforence to the interna- tional loan of 450,000,000 gold.

that China's indebtedness already amounted to 1,300,000,000 tools, and Mr. Takokoshi's contention is that a country whoso (present) productive onpacity is only one-third that of Japan, and whoso foreign trudo is also much less than that of. Japan, cannot continuo to increase her indebtedness without grave dan gor, bacause. taxes cannot bo incronsed for the purpose of redeeming these loans without. risk of civil disturbance, and con sequently "moral and material bankruptcy" must result. This article has received a good deal of attention from the Poking Pross, and it is interesting to observe the growing sentimentin favour of the employment of foreign capital in China for specific productive undertakings, and for such pur- poses only. The ovila and the dangers of reckless borrowing are,. well understood..

:

South China Morning Post.

JAPAN, MEXICO, AND THE" UNITED STATES The American mail brings many interesting references to the throo cornored situation which Bo suddenly developed in Mexico and called forth such positive declarations from President Talí in one direction and from the Mikado in another. The sudden movement of American troops 10 the Mexican border puz- aled a good many people. That President Taft should sudden-i ly be seized by an ambition to launch the Union on a policy of aggression was inconceivable. There must have been, it was claimed, some strong motive be lind a proceeding which, on the fuce of it, looked provocative. Why should a quarter of tho American army have been aud- denly posted along the Mexican frontier? It was no part of the duty of the United States to assist President Diaz to suppress his own rebels or even to keep that autocrat's seat from being over turned.

TRADE IN THE EAST.

The export trade from Northern China is reported to be very slack, mainly, no doubt, because of the

A CHOICE ASSORTMENT OF EASTER GOODS. plague. The import trade on the

Early

NOW ON VIEW.

Orders Solicited

for

HOT X BUNS

Hongkong, ist April, 1911, '

TSANG KWONG

COMPANY.

ELECTRICAL AND GAS CONTRACTORS

-290, Des Voeux Rond: Contral.

Telephone No. 000, Hongkong, 2nd Jan, 1911.

HUNG ON & 00. SHOW ROOM AND STORE at the Premises formerly couple1 by A Quan di Co 17A, Quzz's ROAD, Okntral, GÉNERAL UPHOLSTERERS

AND FURNITURE T F IMPORTERS: And: Duazuuid": ROOKERY, Cutlery, Elect

Silver Plated, Glass and Iron Ware of all descriptions, alway

other hand, has become more active. During the severe portion of the winter importa aro almost stopped, but now that spring is approaching they have bogun: again, and no doubt the stocks- on hand in the large towns are run down, By the way, it may be interesting to state that Vladi- vostock is just now doing a fairly good business. The port, has suffered very seriously in conso- quence of the war with

The Statist."/

ALING & CO

FURNITURE AND

SUPPLIES

DEVELOPING PRINTING=

ENLAR

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