THE HONGKONG TELEGRAPH SATURDAY MARCH 23 1912
For a time at least, however,
FINANCE IN CHINA,
largo the exports may be the im-
Rise in Silver Expected.
porta will counterbalance them,
POST OFFICE.
The Farvel Post system to the
MAILS VIA SIBERIA.
And so far as the need of money cards are transmissible by the Siberian Only fally prepaid letters and post- is concerned, it is probable that Route to Europe. It is satisfactory to note that in exports and imports will balance spito of the several local dis-enchi other. The funds, however, turbances in the country and the available for circulation, although following place in China is for the they may be sullioiont for the unsettled condition of the money purposes of trade, are not what present suspended:--Hupeh, Kuasa
and Tenggush. market the prospects of trade are they ought to be, in view of the growing brighter and there is a payments now being made to the Chinese Government. As has been steady improvement all round. stated in thse columns on a Deliveries are improving, cargoes previous occasion an average of are moving though rather slowly £1,000,000 will have to be paid and once the local dealers are of six months, besides payments to the Government for a period rid of the heavy stocks that are on the currency, and possibly at present weighing them down some other, loan, the flotation of there is overy prospect of a note-which this year is vory probable.
worthy demand for cargo. The monoy market is slowly arising from the stringency which has been visible for a considerable
London
February 28, March 2. March 7.
Due Shanghal March 15. March 10. March 22.
MAILS DUB. Siborina, Chinhum, 24th inst. Siberian, Tourane, 20th Imst. American, Siberia, 1st prox. American, Obias, 8th prox. Aniarican, Manchuria, 19th prox.
Swatow,
will mostly be in silver, and The payments for these loans
consequently China will have to buy silver from abroad. In the ordinary railway loans to China the greater part of the loan goes time over since the incidence of to buy materials in gold-using the revolution, and there is no countries and consequently the Satow, doubt there is at prosent more effect of such loans on the silver Chinese money in oiroulation than market is not very appreciable.
But as the loans to China ati during the past six months. Con-pressat, and for some time to fidence, however, is not com-come, are toward expenditure in pletely restored, and the means the country, it only stands to for the cirrulation of funds among reason that the demand for silver Chinese are not adequate or sati s-
will be considerable, and will help to maintain silver prices.- factory. Now native banks are N.O. Daily Nows." oponing, and what is more satis- factory, the existing banks aro giving increased facilities to, the daalors.
are no
MAILS CLOSE..
Amuy and Foochon-Per Halyang, 24th Mar. 9 A.M. Amoy and Tamsui-Per Daigi-mern, 24th Mar.,
4.M.
Singapore-Per Burmese Prince, 24.h
Mar., & AM. Kadat and Sandaksa-Per Boraes,
24th Mar,, 9 AM, Saigon-Per Lastes, 24th Mar., &
A.X.
Samarang, Sourabaya and Mecnusar-
Per Loongmoon, 25th Mar., 8 A.M. Bono-Per Sui Tai, 25th Mar., 1.15 Amoy and Shanghai-Per Tjitodas,
.
Shanghai,
Shangbai,
Siberian
Mall
25th Mar, 2 r.x.
Kobe and Moji-Per Jaysh, 20th Mar., 8 p.at."
Moji, Koba and Yoko ama -Pot Namur, 26 Mar, 5
.P.M.
Shanghai, Nagasaki, Kobe and Yokoliams (Biberlan Mail to Europa)-Per Polynasion, 25th Mar., 6 P.X.
SHIPPING NEWS.
The HAL. Shohren left Singa por on the 21st last., p.m., and may be expooled here on the 20th lust., p.m.
on
VESSELS IN PORT.
STEAMERS.
Borneo, Gor. ., 1,844, F. Sembill, 19th Mar Sandakan 6th
Mar., Timber.-M. & Co,
Mail Steamers.
THE PENINSULAR
The 5.5. Baye Maru salted from Moji Bourbon, Fr. as, 897. Le Bail, 18th AND ORIENTAL S. N. CO.
the 20th inst., nt. 6 p.m., and is ex- pected to arrive here on the 28th inst
The Silk ox R.M.S... Empress of
| Japan, which loft boro on the 24th ulti
arrived at New York on the 22nd Inst.
Thus, apart from the Indian factor, the situation in China has proved a source of gront strongth to silver. The position in India is growing noate, and while the The position of the China gold roserve is increasing week trado is liar in that there by week the silvor reserve is full- *morohants" buying ing correspondingly. It must be or selling as in other countries, remembered that the four months
from Jautary are usually the time! Most of the dealers having rola-when silver flows back into the tions with foreign firms will, in treasury in the shape of taxes, other countries, come under the and it is an astonishing fact that category of brokers. In China after a two years' struggle in the dealer buys from the foreign coinage an enormous decrease in Hoihow and Bangkok-Par Rajaburi, order to stop buying silver for
business house to sell the goods the silver reserves should have
20th Mar, again by driblots to the outport occurred during these months. Shanghai, Moji, Kobe, "Yokkaichi, dealers. Generally, he has not Such a position cannot continue a tithe of the capital needed for long, as after all India is mainly a silver using country, and unless the amount of business that he something untoward in the shape Swatow-For Hoimun, 20th Mar. 10 puts through, and consequently of a miracle happens there is the native banks remain the every reason to believe in a ston- dy riso in silver for the next few financial backbone of the dealer, months. sharing in the profits by means of the oxorbitant intorost that they charge the dealers for the sume loaned out to them.
After the financial crisis of last October the native banks almost entirely stopped giving credit to
4
FOR PHOTOGRAPHERS.
A CHANCE FOR EVERY
AMATEUR.
his
The proprietor of the "Hong- the dealers, and when credit was kong Telegraph has decided to offered later on it was so ro. continuo during March stricted and hedged in by condi. offer of two prizes for the best photographs submitted to the editor by amateur photographers, during the month.*
The first prize is one of
8.10
and the second is one of $5.
Siberian
Maii.
French
Mail.
Yokohami, Violorin ani Seattle Por Tamba-mara, 26th Mar., 10 AM.
A,M.
Shanghai, Nagasaki, Kole; Yokohama, Honolulu, and Ban Francisco (Siberian Dail
Europe)-Per Persis, 26th Mar, 10 a..
to
Mar. Haiphong 9th Mar, Gen.-H. M
Burmose Prince, Br. 0.9, 8,934, H. N. -
The N. Y. E. ap. Mishima Maru, European Line, left Shanghai for this Okun port on the 22nd inst, nt 1. p... and is expected here on the 25th fast.
The O. P. R. Co.'ss. Empress of Dalgi Indis arrived at Yokohama at 9 pm', on the 22nd inat., and left again at 5 am, to-day, for Kobe, whore she is duo Japan, to arrive at Ga.m.; on the 24th inst.
The P. 1. 8. B. Co.'s a.a. Manchuria sailed from San Francisco on the 21st jost., da mute to Hongkong y'a Hona- Korea, Lulu, Yokohama, Kobe, Nagasaki and Mantis, and is due to sèriro on the 19th prox.
The NY. IS.. .. Hitachi. Man, European Line, left. Bingapons for this port on the 22nd last, and is expooled hero on the 27th inst., afternoon. Sho will be despatched on the 28th inst., at 5 p.m., for Kobo.
'ARRIVED. Mathilde, Ger. m.., 881, Uldorap. 22nd Mat-Haiphong and
how 2011 Mar, Gen.- J. & Co. Ger... 1,169. Soilaikin, 22nd Mar-nigna 17th Mar., Gen.-J. & Co. Hercules, Br. s.s., 9,789, Wilhelm ep, 22nd Mr-Moai's 19th Mar., Gon-Bank Lino.
Mario,
Schu'yik!!, B¿"**, 8,844, Smith. 221 Bar-New York, Kerosine oil-8. O. Un,
Haiyang. Br. n... 1,862. J. W. Evans,
231 Mar-Foochow Tis Ports 22nd Mar., Gen.-D. L. & Co.
Kaljo Maru, Jap. s.m., 1,202, J. Yama- gnohl, 23rd Man-Swatow 22nd Mar., Gen.-O. 8. X.
MadDougal, 22nd Mar
Korata 17th Mar., Ballack WILL despatch VESSELS to the Undermentioned PORTS on or about
Order.
Sang, Br. 6.8., 1,418, C. P.
Mattock, 21st Man-Oia- kn 20th Mar., Ballast.-J., M., & Co.
the DATES named---
'FON
3HANGHAL
ITHAMRIT
TO BAIL DE
MOJI, KOBE Nantur ...............................
Cap. F..Androx.) 20.00).
YOKOHAMA
Main, Jap. 1.9., 847, Y. Some kawa, 20th Mar,--8watow 19th Mar, Grn.-O. 9. K. Br. .., 8,806, A. Stewart. 22ad Mar-Caloutta and Straits 10th Mar., Cen.-D. SHANGHAI B. & Co.
Laertes,
I
Lobow,
LONDON, VA) USUAL FORTE or
Am. 18, 0,651, J. -W. Fisher, 22nd Mar-San Francis Tia Ports 20th Feb., Mail and G.-P. M, B. 8 Co., Er. ae, 1,040, Cuse, É.
11, 20th Mar.Saigon | LONDON & ANT-] 16th Mar., Rice-Wo Fai WERPT.S'PO21, Bing, Br... 1,216, Noabril, 22nd Mar-Weihaiwei 16th Mar, Gen.-B. & S.
Murex, Br. .., 2,999. Milner, 21st Mar. Shanghai: 18th Mar, Gon-A. P. & Co.
21st
Pasting, Ur. me., 1,048, J. R. Oscu,
22ad Mor. Coaton Mar., Beans.-B. & S. Persia, Br. 8.8., 2,744, J. Hill, 12th
Quints,
Mor San Francisco Tia Shanghai 10th MaTM.. Mail and GooC. F: R Co. Gor, 6.8., 000, F. Sollolager, 22nd Mar.-Bangkok 10th Mar., Rice.-8. & Co. Rajaburi, Br. B, 1,180, O Wolll, 10 Mar-Bangk k and Hoibor 18th Mar, Ricá- B. & S.
Songkiang, Br. u.., 987, 11. Matthias, 20th Mar Haiphong. ria
Boibow Itil Mar., Gen.-B. & 9.
(Delta.
Daylight Fielght and
Tanage
Freight and Prange
About Oapt. E. P. Martin, mir.. 28th March
Devanha
Noon,
Capt. W. R. Hickey,... 90th Mar.
Nubla
About
PORT BAD AND MAKIHILINI..sie i
PRRANG 'Uapt. F. J. Fox
Bid April
Freigh
Paisage
For further particula 8, apjdy to P.&O. 6. N. Col's office,
E. HEWETT,
Saparinte ad as
Hongkong, 20th March, 1912.
NORDDEUTSCHER LLOYD.
BREMEN.
GERMAN MAIL LINES.
Tamba
Mara, Jap... 6.138, 8. IMPERIAL
Wads, 10th Mar-Battle,
Loopgmoon, Ger... 1,971, W. Test,
Vogeler, 23rd "Mir-Manila 20th Mar., Gen-H. A. L. Linen, Br. mn., 1,250, C. C. Williams, Titan,
23rd Mar-Canton 22nd Mar., GoB. & 8.
Chay Sang, Dr. a.m., 1,850, M. Court-
Wash., 18th Feb., Flour.
N. Y. K.
Br. "ke, 1,940, A. W. Oular- Iridge, 22nd Mar-Mooks
19th War, Gon.—D, & 8.
Br. 1.4, 6,780, H. W. F.
ney, 23rd Mar-Canton Tibodas,
22nd Mar., Gen.-J., M. & Co.
PASSENGERS ARRIVED.
Lopez, Mr. T. Co. Lopez, Miss M.
EUROPE, &..... INDIA Per 6,6. Kara, arrivol 22nd Mar VIA TUTICORIN—from San Francisco, &o. :— (Late Letters 11.00a.m. to Austin, Miss E. Noon. Extra Postage 10 centa). (Letters ported in all the Pilar Boxes in time for the first olearance will be in aluded in this contmot mall.) -For Tonranı, 20th Mar
11 A.M.
|Macao-Per Sui Tai, 20thi Mar., 1.15
tions that business was practically impossible. When trade bagan to revive after the 'abdication of the Emperor it was feared that the native banks would pureus the same policy-cautious, and the scope of the competition. To It has been decided to widen quité correct from their point of restrict it largely to active life in view, Naturally it was inferred the Colony excludes many oma- that at least for a time to come tours who are not yet experien- Fort
business would continue to be of reduced proportiona.
But fortunately the native banks have seen that it is not practicable to continue business and restrict credit st one and
ced in this class of work. As the
whole purpose of the compotition is to stimulate interest in photo- graphy in Hongkong it has been felt better to remove all restric- tion and to
F.K.
Manila, Coba and Boik-Per Tean,
26th Mar., 8. Bingapore, Pening and Colombo-Per Misblms-maro, 30th Mar, D. P.M.
Arnaled, Mrs. B. Binson, D. P. Abera, Miu M. Barroll, O. D. Kłam, J. Banetto, Mes. B.
Evans, 19th Mar-Tacoma,
For
Wash. 19th Feb., Gen.-B. KOBE & YOKOHAMA...
& 8.
Dulah s.a., 2,958, Boumen,
20th 'Mar-Macassar and
STRAMMES.
TO SAIL OV
Prinz Waldemar..:6,100
Capt. H. Bromer
About TUESDAY 2nd April
Capt. F. Sembil
Hoihow 19th Mar., GJ. RUDAT & BANDAKAN Borneo ...................6,750 ƒMiddle of ~ O: J. L.
CLEARANCES AT THE HAR-
BOUR OFFICE
Prince Sigiemand, for Sydney,
Choyang, for Slangbal. Hudson-maro, for Hobs, Chipshing, for Tienteix.
Llojd, Miss N.Kwanglah, for Shanghai. Kitchell, Mr. and
Mrs. J. F.
D. McWilliams, O. F.
McAdam, U, E.
.de Burns, L. N. Bangu, W. H. Beloher, Robt. Belcher, Mrs. A.-E. Brown, A. II. Bower, Bar, and
Mrs. H. O, Boitz, Mra Baralı Darman, D. N.
Compton, Miss N. Carman, Mrs. D.
M.
'.
Bayard and Haiphong (taking Maile for Pakhei)Per 81- kiang, 27th Mar., 8 A.M. Brator, Amoy and Foochow Per Olark, Dr F. II.
Delgadi, F. A. Halching, 27th Mar., 10 km. Singapore-Per Chunang, 27th Mar., Dowden, Min J. L.
A.K.
P.M.
7.X.
8
Miller, Mr. Obas,
E, MoKay, J. D. Moatsir, Wis. McWilliams, Miss Martia, Mrs. J. P. Norral, Mrs. T.
Ta Norval, T. L. Nakagawa, H. Phipps, L. E. Perez, F. Parker, Capt, J. L.
J..
Pinton, Dr. J. Pools, R. H.
Pelarzon, E.
Bungkiang, for Haiphong. Knight Companion, for Madras, Liann, for Shanghai. Capri, for Ganos.
Borneo, for Kedat. Proting, for Shangbai. Daigi-mara; for Tamiui. Armatoon Apoir, for Cálostin.
DEPARTED. Mar. 28.
Lutzow, for Yokohama. Prinz Siglemand, for Sydney. Monteagle, for Victoria. Halchow, for Canion. Shia chiku-maro, for Takso R.Helens, for Tomane.
Trigonis, for Palembang.
A. Apsar, fır Calcutta. Chip hinr, for Tientsin, Yuonsang, for Alan'la.
Capti, for Bombay, Kangtah, for Shanghai.
Phippe, Mr.
Panish, W. La Quiano, W.. Rodrigass, Miss
AP
| Dowṛil, Wm. 31 AM Swatow, Amoy and Foodbow-Per Klaar, E. E.
Kaifo-mara, 27th Mar., 11 Ferguson, Mr. and asso-Fer But Tal, 27|b Mar., 1.15
Mas. O. E, Foral, H. Singapore, Penang and Bangoo Frazier, Ara, J. B.
Frary, O..P.. Por Fazilka 28th Mar Fartherer, Mrs. J. Tanlal, ME,
Gallagher, J. L. ...A, Shanghai-Par Ohlabas, 28th Mar., Closhnor, Mr., and Now in JG,
Ara, F. W. Balm and. Mira, 11. Swatow-l'er Ex'mo, 29th Mar., 10 Gay, F. O Rideborg, Miss
Geny, W. J. M, E Singapore. Pasang and Calcalia-Per Gordon, Mr. & Mr., Rae, A. L,
Mamuang, 29th Mar., 11 W. W.
Rountre, W. J. Craham, W. D. Gowan, E. Adel Rodriguez, Mr.
C. Gmares, ✪ B. 2). Carrek, Mr & Mrs.
¿ P.M.
Give Everyone a Chance. Pictures of active life, then, the same time. There is no pictures of still life, pictures denying that the position is recent or pictures taken mouths unsatisfactory, and may lead to ago, pictures of life or scenes in periodical crises. But to reform Hongkong or pictures taken in the conditions one must go to any part of Chine, pictures taken at Home-any picture, general or the root of things, and the mere local, may be sent along if it curtailment of credit would possesses interest at all.". With prove equally disastrous to the the competition of 80 com- banks and to the dealers. Now prehensive a character there is a that funds are coming into the chance for any amateur photo-so-Per Sai Tai, 29th Mr., 1.15 banks the only means of utilizing grapher in Hongkong to win one them so na to be productive of of the prizes. The rules of com- Weibalwel, Cheloo and Tientsin-Per sufficient returna at present is to petition appeared in the issue of
Hasiehow, 20th Man, ô xix. follow the old lines. Of course, March 1.
Macao-Per Bat Taí, 28th Mar., 1.15
there is bound to be more caption, but such as is now used will prove the least restrictive to trada.
With the revival of trade, es pacially of imports, fundearocom- ing into Shanghai and the money market grows proportionately easier, The funds available for circulation have vastly increased, and this, added to the reviving confidence, allows quite a call- cient amount for the needs of trade in ordinary circumstances. Of course, the revival of export trade will prove a counteracting Infinance but it must be under-] stood that before export trade can ** lato full swing the import trade should have considerably
Photographic Competition
Coupon.
March 23, 1912.
I. agroa to enter the photographic competition on the express understand ing that the editor's de cision shall be final, and that he may, at his disors tion, use the print ment herewith either in the Hongkong Telegraph" or the Weekly Telegraph."
4
Name.....****** Addrøness****
English
Mail.
A.M.
1.1.
R.M.
E. E. Hong Ping-am Hathaway, Miss Hinohman, Ms. M.
B.
EUROPE, &o, INDIA VIA TUTICORIN (Late Hobby, Mrs. O M. Item 11 am to noon. Extra Tamas, O, do Irani To tage 10 cents.) (Bapple-Hyo, J. H. neatary mall on board up to Luston, B. 8,
e time fixed for departare Hathaway, Mr. and of the mail. Exim Postage Mr. U, P. 10 cents) (Letters posted Heard, Mia A. In all, the Pillar Boxe in James, M. H time for the firm alapa Look Tinell,
James, M.. will be included in this con-
tet mall) Tus, Parcál and Mr. Mall will be closed on Friday, Léa, Palan
Bo a stock, O. B
Aldabaugh, F.
Bilremia, Mira.
Chss. Sureizes, A. Brift, U. M. Shilobal ff, Mi
Bitolaloff Mr. &
Mrs. O. E, Bahmidt, A. W. Sholtz, Mrs. W.
Bitreman, Chis. Shots, W. Sy. O. A..
Mr. Tooker, Mrs. G.
• Smith, H. P.
* Tanaka; 0.5
Tooker, Mier G.
29th Mar, at 5pm Pa Look Way-An, Miss Upham, H. G. Devanha, 30th Mar, 1rán, Lal, Mr. & Mrs Will ms, Kn. O,
Manila, Cabu and Ilollo-Per Lcong-|| Lištoller, Him; P.V
"Kang, 89h Man, AKG AKG
—For Bai Tal, Solà Mst7, 1:15 | Loffre, bătă, 1), E.
SHIPS PASSED THE CANAL.
All the steamers of tla European Lins are fitad with Wireles Telegraphy,
Far Bylaw of Testünkes.
For further Particulars, apply to
NORDDEUTSCHER LLOYD
MELCHERS & CO.,
GENERAL AGENTS, HONGKONG ■ɛð (HINA
Hongkong, 19th March, 1912.
DOUGLAS STEAMSHIP CO., LD.
Hongkong-South China Coast Ports,
Highest Class, Fastest and Most Lixurious Steamer on the Coast, having splendid Accommodation for First-Class Passengers. Electric Light Exallest Cuisine,
W
FOR SWATOW, AMOY AND FOOCHOW AND RETURN. (Occupying 9 to 10 d'ya)
STMĀMANIPI,
CAPTAIN...
Halyang... | LAW. Evant..................... | SUNDAY, 24th March, ai 10.4.M. Halching ... | W. O. Paramore WGD'DAY, 37th March, L'II
FOR SWATOW AND RETURN. (Occupying A. H. Stewart ...... | FRIDAY, 2018 Mard Steamers will arrive at, and depart from, the Co.'s Whirl
For Freight and Passage, apply to
1st March-Ningehow, Antilochus, i Polynesian, Basha, Daike Hickmers. | Haintain ... | 5th March-Flintshire, Hitachi Mara, Himalaya, Nyanza, Baton Inperisio, 8th Mar Ferd Laeisz, Gange, Palawan, Ping Soey, Sydney. 12th 201 March-Bonarty, Persia, Bambla, Madara, 15th MarchErroll, Kast,
Derflinger, Tango Maru, Ville de THE
Pho
Douglas, Lapralk & Co.,
General Managers. EASTERN & AUSTRALIAN STEAMSHIP CO., LIMITED. Mail Service to Australia,
Cinist, Arulls, Lorat. 19th Marol Ezherzog Franz Ferdinand, Geastras, Miyawak Marti, Moyune, Po-hawar, Bocoirs, Therous, Yeng Taze. 22nd MarchClose, Eine & Simons, Ido- menea, Pathan, Saxonia, Bils-is,
Arrival at Home-lit Msich-Den- bighshire, Brasilia, Bulow, Teen- kal, Afghan Prince, Tonkin.' 5th March-Poleux, Indrawadi, Pak Ling. 8th March-Dartmund, Gooben, Hirano Mara 12th Marol Indrarell, Daore Empire Castle. 15th MarchCyclops, Bydasy- Aldenham Aragonis, Astyanax, Konang Bi, Ken, nobes. 19th Marob-Ajar, Sayoria. 22nd Marob-Tango Mars, Wilhelmins
Barometer
March 22nd st 10. am 4pm
0.07
80.07
Steamers
MAIL SCHEDULE
(SUBJECT TO MODIFICATION).
...........................................
Anive Hongkong
from Australia
15th Msreb 1st April
The above Steimers are fitted with Refri plentiful supply of Tos, Fresh Provisions, we Electrialty. All State-Hooms have Electric Wandi and, fitowardane ars oeraled. 2002 76
**For further particulars, apply to
Gibb, Livin
Leave Hongkong
for