SPECULATION AND BANKING.

TELEGRAPH THURSDAY

THE HONGKONG

ENTERTAINMENTS.

Intimations.

HONGKONG GYMKHANA

· CLUB.

"THE FIRST GYMKHANA MEETING of the Sonson will be held at Happy Valley on SATUR- DAY. the 15-April, 1911, co11]--

The Charge of Admission mill bu $1.00 for others than Mergers of the Hongkong Jockey Club or Gymklatın.

Club

Whon a little while ago, wo reforreil to the proclamation of the Shanghai, Tuolai forbidding all. kinds of spaculation, Inwful or otherwise, we spoke off immencing at 8.30 pm. practicability of it, but we failed to note that it will be taken as a useful excuse by defaulters: All business in thio. world is more or less speculation, and apart from that it is ingrained in the vory! naturo of the Chinuman to specun- latos The, general, dullness of business, the inactivity of which was accentuated by the sovoral contributory causes which wo had to record from time to tune, luns not brought the question of pro- hibition of speculation in its neute and with the revival of trade form, a

Soldiers and Sailors in uniform Half-price.

The Committee invite the Ladies of Hongkong to be present.

it is bound to crop up in some form or another!

1

|

REGINALD F. C. MASTER, Hon. Soc. and Treasurer. Hongkong, 12th April. 1911. [1051 WANTED.

AN_experional BOOK-KEEPËR with knowledge of general office work.

None but a Britisher need apply. Good salary, to suitable man.

Apply to-

X. X. X..

efo the Hongkong Telegraph." Hongkong, 10th April, 1911. [1047 WANTED, AL'S DOCTOR. Pane

apply to

NAUTICAL,“

c/o "longkong Telegraph." Hongkong, 14th April, 1911. [1049

"!;"

· BANK HOLIDAYS. Nacerdanes with Ordinance No. 6

of 1875, 1 Government Notifi- extim No. 87 of. 7th initaut, the EXCHANGE BANKS will be CLOSED for the transaction of PUBLIC BUSINESS on the follow- ing days :-

FRIDAY, 4th April. SATURDAY, 16th MONDAY, 17t Hongkong, 10th April, 1911. [1044

FIRE INSURANCE ASSOCIA TION OF HONGKONG,

N

OTICE is herdy given that all FIRE INSURANCE OF- FICES will be CLOSED for the traumaction of Pablit, Business on the follaring days

In the interests of the the China- trado it bull been very often und sickeningly frequently urged that the Chinese Government should isno regulations, that the Braks should not speculate, in the min- nor they have and to a certain - extent are still doing at present," Things are only relatively good or bad. Speculation carried to within.) certain limits is essential for the overy existence of trado and 'bo- | yond that it is ruinous to trade. The forward, transactions which the Tantsi me bomied in his de- finition of speculation relating to gold bars, cotton and exchango are vitally necessary, and for ono thing, are the rulo in other parts of the world. It is the man who takes, risk that wins in trade, as in other affairs, Speculation is reprehensible when it is puroly a game of chance as, in the ense of the rubber gamble, where there was no chanco of using one's skill in any manner. The for, ward transactions that take placo in overy-day trade are based upon a number of well-bised calcult- tions as to the futuro trend of the market, whereia chance plays only a minor part. Even in banking a certain amount of speculation' is necessary if the bank is to make great profits and improve its business; what the limit can be can only be required by long training and knowledge of the local conditions. To for mulate a categorical rule, as the Thotaj las done, shows that the Chinese official has little know- Jodge of the essentials of trade. What is needed now is certain regulations to keep tradul speculation within healthy limits." Sueli regulations all parts of the civilized world, and China will do well to copy them in so far as general principlesure concerned, adapting them to local conditions and needs. It is certain that the body of foreign traders will give ovory help they can to the Chinese authorities. It would have been noticed. recently that the Stock Exchange will minimise the evils of share speculation by the now regulationswhich it issued recent- ly, and the existence of such

· regulations during the past your. would Irivo averted a good deal of the disaster. If the Chinese

oxist in

FRIDAY, 14th April." - SATURDAY, 15th April, MONDAY, 173 April: By Order,

+

A. R. LOWE,

Secretary. Hongkong, 12th April, 1911. [1965 MARINE INSURANCE ASSO-

CIATION OF HONGKONG. NOTICE is hereby given that all

MARINE INSURANCE OF

FICES will be OLOSED for the transnation of Public Business on the following days 1→→→→

FRIDAY, 14th April. SATURDAY, 16th April. MONDAY, 17th April,

By Order,

A. R. LOWE, Secretary, Hongking, 12th Apiii, 1911. VICTORIA BRITISH SCHOOL..

*HE

*1030

above Selco RE-OPENS after the Easter Vacstion on TUESDAY, April 18th.

Ler informativi respecting fees, olo.,

II. A. COX, B.A.,' apply to 1053].

He admastor, g

✪. E. Warren & Co. 30 & 32, Dos Vœux Road; Contral.

MARBLE and GRANITE MONUMENTS.

banks could be made to under-Cleaning & Repairs undertakan.

stand that they should not be too

free with their deposits as they

ARTIFICIAL WREATHS

in all sizes.

did during last year's boom it will Hongkong. 110h April. 1911,

be a great boon to trade, as more confidence can then be placed in them Capital and Commerce."

EMPIRE DÉFENCE.

AUSTRALIA' AND JAPAN..

The Sunday Times" (London) saya that Australia's fear of Japan is more reasonable than Great Britain's four of Germany, yet Great Britain'in her egotism and fear has concentrated ships in tho North Son.m

1

Sir Edward Groy, Secretary of State for Foreign Affairs, and Mr. M'Konna, First Lord of the Ad- miralty, the paper declares, aro wholly absorbed in Groat Britain's possible danger."

If Japan forced her policy upon

[874.

WM. POWELL,

LIMITED.

GENTS OUTFITTERS,

EVERYTHING FOR

GENTS' WEAR:

ARRIVAL OF

New

Australia and the United States Summer

her policy upon Canada, the

mafgin would be so fine that

Grant Britain would be unable to Goods

3. Admiral- Hondorson's report,

THE

BIJOU SCENIC THEATRE

(FLOWER STREET)

EVERY EVENING at 7:15-P.M.~and~9:15 På

THIS WEEK.

A SPECIAL PROGRAMME

CINEMATOGRAPH VAUDEVILLE

am Singday Times adds, shows PRICES VERY MODERATE/

fio Alisiraliss Preparations for Cushe DOLLAR

richof lolárolyi buu 28. Queen's Road.

the progress of events is likely to

787]

ind

THE FLOWER STREET FOLLIES. Popular Prices. Soo Hand. Bill.

L-ceros and Maunger:R. H. STEPHENSON!.

CAPSTAN MIXTURE

13

1911.

Consignees

APRIL

ENTERTAINMENTS.

The NORDDEUTSCHER LLOYD, THE Empire" Cinematograph IMPERIAL GERMAN MAHLI

-BREMENITVA

Theatre,

TINES-

Da Vox Road Ogetrat, opposit NOTICE TO CONSIGNEES.

Central Market,

THE Steamship

That the LIFE AND PASSION OF CHRIST

will bo exhibitód on Matinees

yatv Saturday 8th and Sunday Oth.

The Grand, Film: Highly Interesting

·"PRINZ LUDWIG.". laying arrived, Consignoos of cargo sro hereby informed that their Goods, willy, the exception of Opium, Treasure and Valuables, are being landed and starod |

Shipping-Steamer.

Regular Steamship Service. to New York, via PORT and SUEZ CANAL! (With Liberty to Call at Malabar Count).

PROPOSED SAILINGS FROM HONGKONG,

FOR NEW YORK,

5.8" SAINT PATRICK "

Abont 144 April

at their fisk into the hazardous and/or 8.8. MONTROSE”........” fAboul-4th

extra hazardous Godorus of the Hongkong and Kowloon Whit and Godown Company; Limited, Kowloon, and-West Paint Godowne, whencu. delivery may be obtained, but

No oldime will be admitted after the Goods hära left the Godowni, 'and 'hll"

THE DAILY LIFE OF AN goods remaining, undelivered after thei

HUMAN APE

[852]

MEDIUM

&

CAPSTAN

In 1/4 lb.

Air Tight

on board of. tho S.S. “WASHINGTON.” Hong kong, 7th April, 1911.

VICTORIA SKATING

RINK.

Tins

On SUNDAY, 9th. April, 1911, 6 p.m.

FULL

THE

081)

MIXTURE WOG HOW

BRISTOL & LONDON

W. D. & H. O, WILLS.

TRADE

MARK

JANDS

BERNESE ALPS MILK CO STALDON EMMENTIEL, SWITZERLAND.

No 10 SCOTCH WHISKY..

BOTTLED AT DUNDEE, SCOTLAND.........

Agents F: BLACKHEAD & CO., HONGKONG & CHINA

CLARK & CO.

Scientific

Opticians,

YORK BUILDINGS,

CHATER ROAD,

Ground Floor.

TSIN TING, LATEST METHODS

OF DENTISTRY STUDIO AT No. 14, D'AovILAR

Dr. M. B - CHAUK,

DENTAL SURGEON, 39, QUEEN'S ROAD CENTRAL,

1er FLoos, Rooms 2 and-8: | From the University

of Pennsylvania, USA Telephone 126.

A GRAND FESTIVAL.

Prices as usual. Hongkong, 7th April, 1911.890

STEAM LAUNDRY CO.

YAUMATI.

Established 1809.

TUL only successful Stora Loua- dry in the Far East. The only Laundry in the Colony under European Supervision.

Filtered. Water. Regular Delivery, Flannels and underwear washed by skilled Japanago.

Monthly rates quoted. Dry cleaning spoolality. Depot No. 1, Beaconsfield Arcade Tok K92

R. WOOD,

Manager.

Hongkong, Ist Mar., 1911.

PHONE 483.

[981

HONGKONG MOTOR

GARAGE.

TRY OUR

New 40 II. Power RUBY COLOUR

CARS

Carry 6 Passengers."

THE BEST AND NOISELESS

$7 per hour

DRAGON CYCLE DEPOT, 63. Des Voeux Road Central. [46

13th of April, will be subject to rent...

All broken, chofed, nud damaged Goods are to be left, in-the-Godowns whore they will be examined on tho 19th of April, of 9.30 niv.

GREEN ISLAND CEMENT

COMPANY, LIMITED. A

PORTLAND CEMENT.

In Casts of 875 lbs. net. In Baga of 250 lbs. set

SHEWAN, TOMES & CO.

•General Managers. Hongkong, 14th Ang.... 1910. [94

SHIPBUILDERS, SALVORS AND REPAIRERS, BOILERMAKERS

FORGEMASTERS, BRASS AND IRON FOUNDERS, CONSTRUC-

TIONAL, ELECTRICAL AND MECHANICAL ENGINEERS.

REANONABLE FERL Consultation Free.

Hongkiak. 19th June, 1910. ~~[1 Vòngkong, 27th January, 1910. [2.

TAIKOO TAIKOO

GRAVING

DOCK

.

787ft. by 88ft. by-84f, 6 im. Pumps omply Dook in 28-4 hours,

'Modern Appliances for quick construction und repair of Ships, Engines, Boilers, Railway Rolling Stook, Bridges, and all Classes of Engineering, Iron and Wood Work Electrical Drives, Hydraulic & Pneumatic Tools,

installed throughout the Works,

50-ton Hydraulic TESTING MACHINE.

for Chains, Wire Ropes, Rivets

and Metal Specimens,

OF HONGKONG, LIMITED.

DOCKYARD & ENGINEERING CO DOCKYARD, HONGKONG

THREE PATENT SLIPWAYS taking vessels up to 3,000 ton! displacement, providing conditions for -painting ships with most efficient results. 100-Tox ELECTRIC ORANE or Qui

ELECTRIC OVERHEAD GRANES TRAQUFADUT

THE SLOPE BAXDING UP TO 100 Tor

Estimates given for Dooking, Repairs to Hall and Machines Constructional Work,furlag,

MAWAONAS" AND AGENTST

BUTTERFIELD & SWIRE,

HONGKONG CHINA &

Telegraphics Add

KOODOCK"

All olaims must reach us before the 17th of April, 1911, of they will not be recognized.

No Fire Insurance will be effected, Bill of Lading will be countersigned by the undersigned.

NORDDEUTSCHER LLOYD, MELCHERS & 00, General Agents.

Hongkong, dil'April, 1911.

"BARBER" LINE OF

STEAMERS.

NOTICE TO CONSIGNEES.

The Steamship

**DAORE CASTLE.".

[7

E May, For Freight and further Information, apply to

DODWELL & CO., LTD.,

Agouts

[960-

Hongkong, 7th April, 1911

ORIENTAL

STEAT

The Peninsular & Oriental Steam Navigation Company.

STEAM FOR STRAITS, OLY“, LON, AUSTRALIA, INDIA, ADEN, EGYPT, MEDITER- RANEAN PORTS, PLYMOUTH · AND LONDON.

THROUGH BILLS OF LADING. 19SUNDAN

von Batavia, Continental AND AMERICAN, PORTE.

•"DELIH

FROM NEW YORK. *ONSIGNEES of Cargare hereby THE Stoomshiji

informed that all Goods aro bring, landod of their risk into the Godowns of the Ilongkong and Kow. tuor Whaur and GoDOWS COMPANY LTD., at Kowloor, when and/or from the whatrea delivery may be obtained. No claims will be admittol after the Goods have left the Godowns, and all Goods remaining undelivered after the 14th inst will be subject to rent.

bo presented to the Undersigned on or All elime against the steamer must Lefore the 7th prox. or they will not be recognized..

All broken, chafel, mid damaged Goods are to be left in the Godowns, where they will be examined on the 12th inst. at 8 pm.

No Fire Insurance bus leon effected. “Bills of Lading will be countersigned by.

[1080

DODWELL & CO., LTD.,

Agonis, Hoagkong, 7th April, 1911.

NIPPON YUSEN KAISHA. NOTICE TO CONSIGNEES. FROM EUROPE, COLOMBO AND STRAITS,

11 Company's Steamship

MISHIMA MARU."

having arrived from the ubere ports,

Captain II. S. Bradshaw, carrying His Majusty's Minils, will bo dospatched from this for Bombay, &c., on SATUR DAY, the 15th April, 1911, at Noon, taking passengers and Cargo in con- nection with the Company's you.

Mongolia," 10,000 tons, from Colom bo, passengers' adcommodation in which reasol is record before departure from Hongkong..

Silk and Valuablos, all cargo for France and Tos for London (under arrangement) will be trapsipped at Colombo into the mail steamer proseed- in direct. to Marseilles and London; olhor cargo for London, &o., will be bonveyed via Bombay by the 8.5.

Arabia," das in London on the 26th Mor, 1911.

** Pacels' will be rescired at Ule OfficeTM until 4 rim. the day before sailing. The contents and value of all packages are required.

For further particulars, apply to

́E. A. HEWETT,

Superintendent.

Hongkong, 1st April, 1911.

SHIRE" LINE OF STEAMERS, LIMITED.

Consignees of Cargo are liereby inform-FOR MARSEILLES, LONDON

el that their Goods are being Innded and placed at their risk in the Hong-

& ANTWERP.

kong and Kowloon Wharf and Godown Company's Godowns at Kowloon, THE Stainship where each consignmout will be enrted out mark by' mark and delivery, can be obtained as, foon as the Goods are landed,

"Optious goads will be carried on Unless instructions are given to the contrary, b. fora Nabit, TO-DAY.

Goode not ofeared by the 19th March, will by subject to rent.

"GLAMORGANSHIRE," Captain W. Gregory, will be des patched as above about 22nd inst.

For Freight or Passage, apply to JARDING, MATHESON & Co., Lo. Agents.

Hongkong, 12th April, 1911. [1085

FURNITURE AND PHOTO SUPPLIES.

No Fire Insurance has been effected. A LING & CO. Damgad packages must be left in the Godows for examiuntion by the Oon signco's and the Co.'s representatives at an appointed hour. All claims must be presented within tan days of the steainer's arrival hory, after which date they cannot be recognised. No claims will be admitted after the goods have lift the Godowns.

DEVELOPING, PRINTING & ENLARGING.

19, Queen's Road. [863

FURNITURE WAREHOUSE, [BLI KWONG LOONG & CO.

NIPPON YUSEN KAISHA. Hongkong, 120 April, 1911; 20 "NOTICE TO CONSIGNEES. THE P. & 0, 5. N. Co.'s Steamship'

SICILIA

FROM ANTWERP, LONDON, MALTA, PORT SÁID; SUEZ- and STRAITS.

CABINET-MAKERS AND ÅST

DECOMATOLEG

from Shanghai, has re-opened the FURNITURE-STOBE

at

No. 59, Dzi Vœux BoAD ÜKḥYRAU, Consignees of Cargo by the abɔro- ... The only Shop in Hongkong with ammed rossel are liereby informed that. their Goods are being landed and

athis naine. Panama

placed at their risk in the Hongkong WHERE HIGH-CLASS

FURNITUBE ofgevery der.

and Kowloon Wharf and Godown Co.ʻi Godowns at Kowloon, where each Conscription can be made to order in any signment will be sorted out Mark by design, required., Mark and delivery, can be obtained as the'Gooda aralindede naty

Optional Goods will be landed hora unless instructions are given to the pontrary within'd hours."

Goods not cleared by the 16th fast, st.4 p.m., will be subject to rent..

No Fire Insuranea will be effected by me in any case whatever, m

Damaged packages must be left in the Godowns for examination by the Consignees and the Company's sure reyors, Messrs. Goddard and Douglas, at 10 am. on Mondays and Thursdays. All Claims must be presented withita ten days of the steamer's arrival bere, After which data, they cannot be re dogmised. No Claims will be admitted: after the Goods have lait the Godowns. E. A. HEWEENZO

kh April 1911.

Have, boon patronised by the "'ongkong Club, Hongkong -Hotel, Jelograph Co., Messrs. A. 8. Watson

Ca, Finn and other leading Establishments in the Colony, to whom reference can be made au to the Superior Workmanship and Malerfäls of the Furniture, &c, supplied,

Messrs. A. B. Wation & Co. Lia

write as follows:

We have pleasure in staling: that MELI KWONG LOONG furnished the Anne

Dispensary and” gave,” un stary satisfaction, HUAN (84) AUF. Wation & Co. C131891 Watussan

OBDERA

KM QHARGES

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