Banks.
HONGKONG AND SHANGHAI
BANKING CORPORATION.
FAID-BE CAPITAL
RESERVE DUNDAL
Herling 41,500,000 at 3/10,000,000
#15,000,000,
* 16,250,000 $31,250,000
RESERVE LIABILITY OF PRO.
PRISTOJ ......
Cover or DiniXTURES 2.
$14,000,000
Hon. Mr. Henry Keswick - Chairman 9. 11. Medhurst, E-Deputy Chairman FII Armstrong,
O.Rienemann, E. G. Balloch, Bay. A. Forbes, Eg
4. Friesland, Ew.
0.6. Gulday,
F. Lib, Eng. 1. Mielin, R. II. A. Sieb, E.
Cake MANAGERI Hongkong-N. J. STAI,
MANAGER:
Shanghai-I. E. R. HUSTER, LONDON BANKERS-LONDON COUNTY AND WESTMINSTER Bank, LAMITING_
HONGKONG-INTEREST ALLOWED.
On Current Accoñula at the rate of 2 por (nt, per Annum on the dalty Gatane..
ON FIXED DEPOSITS!
Por, 3 qronilo, 21% per Cout, per Ausun. For mente, 034 per Cant, por Anivent.
For 12 moulds, € per Cent, por ÁHUG
• N. J. STABB, Chief Manager.
HONGKONG HAVINGS BANK,
Bastones of the above. Bank is comlucted by the HONGKONG AND SHANGHAI BANKING
CORPORATION. Rules may be obtained on pplications
INTEREST on deposits is allowed' at Bill Pan GENT. per annum.
Depositor may transfer at their option bintises of 8100 or mare to the Hosokong AND BILANGTZAT BAN to be placed on FIXED DEPOSIT at 4 Per Össt, per
991
For the HonuxONO AND SHANGHAI Banking CorpURATION,
N. J. BTABI, Chief Manager,
THE CHARTERED BANK OF INDIA, AUSTRALIA AND
UHINA.
INCORPORATED BY ROYAL CHARTER 1863.
HEAD OFFICE :-LONDON.
PAID-UP CAPITAL
Resave Ford RESERVE LIABILITIES OF
EUTSC
Banks
D TSUU ASIATISCHE
CAPITAL FULLY
BANK.
THE HONGKONG TELEGRAPH FRIDAY MAY 12 1911
Mails.
PENINSULAR AND ORIENTAL
PALD-UP......Si. Tuol 7,500,000 WILLespatch VESSELS to the Undermentioned PORTS on or abut
BAD Orrior-SHASQUAL BOARD OF DIRECTOR-BARLIN,
BURGER
Berlin Caloutta Hamburg Han's Kobooking Singapura TiontaD | Trinaufa Tsingtan Yokohania,
LONDON BANKERS : More N. M. Borusoni & Soss. THE UNION OF LOSION AND SMITH'S
·BANK, LIMITED,
STEAM NAVIGATION. COMPANY.
the DATES narried-
ΓΟΥ
LONDON, VIA) DELTA
UDAL PORTS OF Capt. E. P. Martin, n.s.... 13th May Advertisement.
CALL
About
PERANG 'NO,Capt. C. II. Watkins, ... 17th May
Intimations
BRANDIES;
GINS,
THE RUBBER MARKET.
PRESENT AND FUTURE
* PROSPECTS,
Sir John Milbanke, Bart., V.C., writes in the London Opinion”. thus: Tho sooner small investors roulise that there is not going to bo another Kubbor Boom tho MADEIRAS, } botter it will bo for them. There miny bo from limo tɔ timo spas- modic attempts to galvaniso the market into some semblance of activity, but any sustained and- gouuiue widespread upward move- . ment is out of the question, Ono has only to look round to realiso the fact (to the truth of which our postbag contributes daily. evidence) that thousands of propla, aro “sluok" with hundreds of
BURGUNDIES,
CHAMPAGNES,
SHERRIES,
WHISKIES,
STEAMEDE
TO SAIL ON
MARSALAS,
1- Noon, 1
Sea Specin!
VERMOUTHS,
LONDON &ANT-)
PORTS,
WERPY. S'roRE,
SICILIA
PORT BAD AND MARSKILLEN SHANCH A 1, MOJI. KOBE & YOKOHAMA,
Freight and
Passage.
PUONA *****
Capt. A.
DELHI.
...]
Tolophons
No. 73.
BITTERS,
LIQUEURS,
CLARETS,
Vino
Abwat Freight only. 10th May
ALES BEERS AND STOUTS,
HOOKS & MOSELLES,
About
Freight and
f'ausage.
SUMATRA
W. R. Lo Mare
Abul 1st May
Freight and
Pat-sage.
| Man#zilika ..............
For Further Particulars, apply to
[ ±
P. & 0. S. N. Co.'s 'offien,
Hongkong, 12th May, 1911.
Deutsche Bank (BERLIN), LONDON AGENCY.
DixCTION DER DIACOSTO GEBALL BHANGHAI
NOKAYT.
INTEREST allowed on Current Account. DEPOSITS received in terms which may be loathed on application. very Ameription of Banking and xchange baú nas trausącted.
R. TIMMERSCHEIDT, Mounger. Hongkong, 10th Mar., 1911.
LONDON &ANT-] WERP v, Stroms, PENANG, C'MB. PORT SAID AND
{Capt. B. 8. Bradshaw................( 25th May}
E. A. HEWETT,
Superintendent.
NORDDEUTSCHER LLOYD,
CALDBECK, MACGREGOR eros in Reubber companies which
& Co.,
WINE AND SPIRIT MERCHANTS,
15, Queen's Road Central.
mongkong, Ct May, 1911.
WEISMANN, LIMITED
BREMEN.
SEEING IS BELIEVING IMPERIAL GERMAN MAIL LINES
BAKERS
---And--that is why the majority of the people here believe, that they enn get heller fitting glasses at our place, than anywhere else in the Colony, No charge for right testing. Ductors prescriptions accurately fillol.
N. LAZARUS,
Ophthalmic Optician,
IA, D'Aguilar Street. 1,200,000 | Hongkong, 1st April, 1921.
[9£9 1,025,000
CHINA MUTUAL LIFE İN. SURANCE CO., LTD.
PROPRIETORS .......................1,200,000
INTEREST ALLOWED on CUR-
RENT ACCOUNT-at-the-Ra
of 2 per cent. per annum on the Daily Balances.
On. Fixed Deposits for 12 months, 4 per cent.
On Fixed Deposits for G months,
Un Fixed Deposits for months,
[
B per cent.
2 per cent.
Manager.
WM. DICKSON,
Hongkong, 18 May, 1911.
YOKOHA
OHAMA SPECIE` BANK,
LAMITED.
HEAD OFFICE, SHANGHAI, DIRECTORS AND OFFICERS:
J. A. Wattic, Esq., Maunging
Director.
..
A. J. Hoghus, Em, Secretary.
For
SHANGHAI,
NAGA-
SAKI, KOBE and YOKOHAMA
STEAMERS.
TO BAIL ON
* Geisenau"...... 16,000 ƒ About MONDAY,
Capt. Ph. Obenator...... 15th May, Dearrison"...17,000 WEDNESDAY,
Capt. 1. Pmsel
17th May,
MANILA, `YAP, AN-“
GAUR, NEWGUINEA, \" Painz Stozantnu “..6,000) BRISBANE, SYDNEY
Capt. F. Braening
SATURDAY, 20th May, al Daylight.
& MELBOURNE.........
KOBE & YOKOHAMA Cape, H. Raogener.....
[“COBLENZ" ........0,700 jAbout TUESDAY,
Hot May.
NAPLES, GENOA,
ALGIERS, GIBRAL- TAR,
'SOUTHAMP-
3
"BULOW"
.16,900
·TON, ANTWERP and BREMEN
Capt. H. Formes...
WEDNESDAY,
31st May, at Noon.
A
gistered under Hongkong Ordi-
BORNKO**
.........5,0501
5,960) Had of May.
S. B. Neill, Esq., P.L.A., Actuary. ·
STRONG British Corporation Re-
Dances and under Life Assurance Com- KUDAT & SANDAKAN 5,960
panies' Acts, England.
Insurance in Force...$37,855,886.00
[22]
ABNELS....
8,415.250.00
Income for Year
*3,560,559.00
lusamace Fund.........
8,210,813.00
Hongkong, Canton, Macau and the Philippines.
CAPITAL PAID-u... Yon 24,000,000 Rasanya FoxDe
"
16,850,000
Head Offices-YOKOHAMA,
Bruchios and Agencies
TOKIO.
HANKOW.
TIENTSIN.
KOBE.
OSAKA.
NAGASAKI,
LONDON.
LYONS.
NEW YORK.
PEKIN.
NEWCHWANG. 'DALNY.
PORT ARTHUN. ANTUNG.
SAN FRANCISCO LIAOYANG,
HONOLULU. MUKDEN.
BOMBAY.
SHANGHAI,
TIE-LING.
CHANG-CHUN,
Howоnone;—Interest ALLOWED,
On Current Account at the rate of
per cent, por Annum on the Daily Balanco.
On fixed deposit :-
...8-1/2 ...2-1/2
LEFFERTS KNOX, District Manager B, W. TAPE, Esq.
· District Socratary,
ALEXANDRA BUILDING.
C. LAWDER, Esq.; Inspector, Hongkong.
ADVISORY BOARD,
HONGKONG,
Sir Paul Chater, Kt., O.MG,
T. F. Hougit, Esq.
C. J. Lafrents, Esq.
Hongkong, 20th Jun., 1911. [810
AK TRAMWAYS CO.,
LIMITED..
PEAK
TIME TABLE.
WEEK DATE.
7.00 2.10.
All the steamers of the European Line aro fitted with Wireless Telegraphy. New System of Telefunken.
For further Particulars, apply t
· NORDDEUTSCHER LLOYD MELCHERS & CO.
GENERAL AGENTS, HONGKONG and OBINA.
Hongkong, 4th May, 1911,
Hotels.
HONGKONG
HOTEL.
Finst Class and Up-to-DATE.
Hongkong, 20th April, 1911.
J. B. TAGGART,
Manager. [25
GRAND HOTEL,
Telephone 197.
7.30 am, to 10.00 a.m. Every 10 min. | MANAGEMENT & QUISINE UNDEL EUROPEAN MANAGEMENT,
For 12 months por cenl. p. 11.30 a.m. to 12.46 p.m. 12.45 p.m. to 1.15 p.m.
6.
1.
ከ
TAKEO TAKAMICHI, Manager. Hongkong, 13th March, 1911.
[18
INTERNATIONAL BANK-
·ING CORPORATION.
Cafital Paid Ur.....Gold $3,250,000 Reseve FOND......Gold $3,250,000
Gold $6,600,000
HEAD OFFICE :—
60 Wall Birost, New York.
LONDON OFFICE :--
86, Bishopsgate.
LONDON BANKERS:
BANK OF ENGLAND. NATIONAL & COUNTIES BANK,-
LIMITED.
BRANCHES AND AGENTS ALL OVER THE WORLD,
HE Corporation transacts every THE
'description of Banking and Ex- change Business, receives money on Current Account at the tale of 2 par ecat per annum on daily balances and accepts Fixed Deposits at the following ration:-
1.15 p., to. 1.45 p.m.
F. REICHMANN, Proprietur.
10,00 mm. to 11.00 ..
15 min.
+
0
15 min. 857]
FL
10 min.
TE
15 min.
*
10 min.
ASTOR HOUSE
1
10 min.
16 min.
(LATE CONNAUGHT HOTEL.) QUEEN'S ROAD, HONGKONG.
10 min.
1.40 p.m. to 2.15 p.m. 2.15 p.in. to 8.00`p.m. 8.30 p.m. to 5.00 p.m. 5.00 p.m. to 8.00 pm.
NIGHT CARS. 8.46 p.m. and 9 p.m., 9.45. to 11.15p.m. overy-half hour, SUNDAYS.
8.00 a.m. to 9.00 a.m. Every 15 min. 9.00 am to 9.30 .:99 30 min. 15 min. 10 min.
9.30 a.m. to 10.80 a.m. 10.30 am to 11.00 ... 11.45 m.in. to 12.00 noon 12.00 noon to 1.00 p.m. 1.00 p.m. to 5.00 p.m. 5.00 p.m. to 6.00 p.m.
H
CEN
ENTRALLY situated, up-to-date Rotel, Recently renovated, and under entirely Now Managemout. Large and Comfortable Rooms, Excellent Cuision under the supervision of an Experienced FRENO CHEF, and separate Tables, Hot and Cold Baths, Electris Light throughout. Terms moderate, First Class accommodation for Families and Tourists.
L. GAMEAU,
Under Ponsonal Supervision of
N. BLUMENTHAL, Mansger
Telegramas "Aslor.”
[24
15 min.
**
10 min.
27
15 min.
Proprietor
10 min.
"
15 min,
Telephons, 170
6.00 p.m. to 7.00 p.m. 7.00 p.m. to 8.00 p.m.. 10 min, NIGHT OARS as on Week Days.
SATURDAYS.
Extra care at 9.15 p.m., 11.30 p.m.
and 11.40 p.m. SPECIAL CARS by Arrange' ment At the Company's Office. Alexandra Buildings, Des Voeux Road Central.. JOHN D. HUMPHREYS & SON,
General Managers, " Hongkong. 14 April, 1909.
HOTEL CRAIGIEBURN,
For 12 months 4 jer rent. per una PLUNKET'S GAP.
For..6
11
For B
#!
"
GEO: HOGG,
Managed
OPEN AIR SKATING RINK
BELLE VIEW
HOTEL,
Telephone No. 907,
SESSIONS 10 A.M. to 12. Noon..
2 P.M. to 4 P.M.
Admission 25 cents.
5 P.M. to 8 PM.
9 P.M. to 11 P.M. Ạ.
Admission 50 cents.
String Band will play at the above Hotel every (Bourly roommending from 4 p.m. to 10 p.n
The Peak, near the Tram Terminus. Tol 66.
For Toms, apply to the (19-273
MANAGER
Hougkon
1qu April, 1911,
(4) No. 9, Queen's Hood Central,
Hengkong, 20th Feb, 1911
W. GALLAGH£K, Manager
CONFECTIONERS
CATERERS
RESTAURANTEURS
14, Des Voeux Road Central. Hongkong, 20th April, 1911.
[ 197
are wholly unsafenble, or, at the best, can inly be sold at a serious loss. Thereare more people oager- ly watching for the approach of another boom that would enable them to turn some of this paper into cash than there are people ready to buy; for this reason, alone, no recrudescence of the Rubber boom can be looked for. Of course, the shares of the few leading producing companies, which are able to avail themselves of the present price of the raw- material (which is obviously still much above the lovel it will attain. in a year, or two), are perfectly: good investments, but the in- dividual who goos in for the shares of Rubber companies of rocent origin cannot be congratulated. A STUDY IN COMPOUND INTEREST.
The average small investor who allows himself to be inveigled in- to subscribing for, or puroliasing,
For Sight Seeing in an Up-to-date rubber and rubbish (the torms
1030]
MOTOR,
RING UP 1030.
THE EXILE MOTOR GARAGE.
Hongkong, 15th April, 1911.
THE LONG AND SHORT OF IT:
are often synonymous) shares in companies where, if the most extravagant anticipations are realised, a dividend cannot be paid for five years, would be sure prised if he saw what this means, oxpressed in cold figures. If suoli an investor buys, say, n 28, sharó at par and, in five years' time, the" company has proved u profit-oarn- [1058 ing concorn and he is able to sell
his shares at 3s., a premium of 50 por cant., lo may doludo himself Finta the bolief that, after deducti ing brokerage and transfer ox- penses, he has made a profit of,
The typewriter which does the most work and tho say, 40 per cont.
best work in the
SHORTEST TIME
for tho
LONGEST TIME
is tho
REMINGTON.
SIEMSSEN & CO., HONGKONG AND CANTON, General Agents for the Remington Typewriter Co.
THOS, COOK & SON, Tourist, Steamship and Forwarding Agents, Bankers, &c.
Head Office for the Far East :~16; DES VŒUX ROAD, HONGKONG, SHANGHAI: 2-3, Foochow Road. YOKOHAMA : 32, Water Street, TICKETS SUPPLIED to EUROPE by the principal STEAMSHIP
LINES and TRANS-SIBERIAN RAILWAY. TOURS arranged to ALL PARTS of the WORLD. BAGGAGE collected, forwarded and insured at lowo-t mtes. 'LETTERS
CASHED.
Now, seeing that safe Dobon- turos may be purchased to yield as high as 6 per cent, and even over, the only justification for the great risk of buying shares in untried companies is the expecta~! tion of remoiving 8 per cent. to 10 per cont. interest on one's money, It we take 100, placed in a Debenture to yield 6 per cent. and | £100 placed in a new venture of the description named, we find · that, at the end of the period of five years mentioned, the value of the first amount, with the interest received, at compound interest; is £134, with n safe and assurod annual return of 6 per cont.. PROSPECTS & CERTAINTY,
In order that the holder of the Rubbor shares should be in the samo position as the holder of the Debentures, it is necessary that his £100 should have a selling value of $134, that is to say, his 28. shares should be saleable at about 25. 108., and oven then he is no better off than the Dobenture holder. Actually ho is much worse of, because
of CREDIT and CIRCULAR NOTES ISSUED and the latter, hàs bis capital intact, FOREIGN MONIES szobange 1. 992).
CHEY OFFICE :-LÜDGATE OIROUS, LONDON, E.C.
SAINT-RAPHAEL
Tonio, RESTORATIVE, DICZ6TIVE WINE
Very palstablo,
Known throughout the work and prescribed in all cases of Anaemia, Debility and Cónodlescenco, to young women, children and the aged. Invaluable in hot climates...
DOBE) Ons Wine-glass after the two principal meals,
Baol bottle of Eɔnuino VIN BAINT-RAPHAEL boars, in addition
to the registered trade-mark i
· (1) TUO WARRANTY STAMP of the UNION: DEN FAHRJOANTS,
(3) A METAL DEAL câvertising OLETEAS.
foTa MELISSA and MINT cordial.
CLETEAS which surgasses all others by its
purety and faultless preparation. To be taken on a lump of sugar
COMPAGNIE da VIN BANT-BAPRAEL, Valence (Dröme-France).ad
CALDBROK MACGREGOR *00, Hodgkong,
boing a secured creditor, and, i his Dobenturos are redeemable at pár, ho may even be assured of capital appreciation; whereas the. Rubber shareholder incurs the risk of the loss of the whole of his capital. The point for the Rub- bar investor is, is the certainty or likelihood of high profits in the future such as fully to atone for: (1) Loss of interest for five years; (2) considerable risk of the loan of the whole or part of the capital invested? Thero is only one answer to this question.
Tho ngony columns of sonis uf- the Iloms papers are oftenamns: ing, but we sometimes, suspoet, that a wag on the staff, is respon- sible for the best things.. Hore in an advertisement from the “Man- chester Guardian" which is a gem in its way: Willie, run to your distracted wife and frontio children. Do you want to hear of your old mother's suicide? You will if you do not let us know where you are Stan back your meoreglinumti