Commercial.

THE HONGKONG TELEGRAPH, WEDNESDAY, NOV¿MBER 4, 1914.

the directors feel that it is safer not tɔ pay a dividend. „The no- counts call for little comment. The sum of Tls. 31,798 38 has Reduction of Tea Dutles In China. bean spent on development as

The Peking Government Gazette contains the following Building, etc., show an addition against Tis. 47,487 fast year, abridged text of Mr. Linng Shihof Tis. 8,420.93, being the cost yi's Memorial on the Reduction of new bungalow for the manager of the Tea Duties, with the Pre- and furniture for same, set of sidential Mandate in reply thore. to:-Ten is one of the chief permanent coolie lines sni smoke bouse. Ample depreciation has articles of export and in recent been allowed and from the yeats there has been a speedy report you will see that the decrease in the trade. According directors propose to write this to Customs reports that for

item Cown to Tls. 5,000, 3rd year of Hsuan

which is inside the actual valde.

NOTICES

In Assels, Income, Net Surplus, Business In Force, New Business the

SUN LIFE OF

OF CANADA

is the leading Life Company of the Dominion. Outside of Companies issuing Industrial policies, the Sun *Life of Canada is doing the largest life business in the

British Empire..

Funds Exceed £11,000,000.

CHIEF OFFICE FOR SOUTH CHINA, DES VŒÙX ROAD, (POWELL'S BLOG,).

Tung was... 1,033,000 picule Sundry debtors are amounts due MAKE IT A HABIT---USE REGULARLY.

1st year of Re-

public 2nd year of Ro.

958,000

public. 1826.000

11

15

Therefore there is a decrease of 7 per cent. between the expers of the third year of Hsuan Tung and that of the fret year of the B public nad 14 per cent. between that of the scoond year of Hsuno Tung and the first of the Republic, Though the chief cause of the drop

for subber shipments made. Sundry creditore, Shangbai, con- sist of directors' and an litor's fees and general managers creditors, Singapore, include temuneration unpaid. Sundry

amounts due at estate for

Perfect sanitation being so necessary for health, disinfection is imperative. Make a practice of using IZAL every day—just a Hitle, diluted with water-pouring it down drains, sinks and wo's and sprinkling it in dustbins or other harbours of filth. Get IZAL, because it positively kills disease gorms, stops infection and instantly removes bad smells. IZAL—the guaranteed disinfectant of unrivalled strength-is the pioneer modern high power germicide.

Officially adopted throughout the British Empire.

ZAL

Mixes equally well with salt, brackish or fresh water.

!

Write for Free Booklets-"Practical

Disinfection".

and.

"Rules of Health."

One Callon of IZAL makes 400 gallons of efficient disinfecting fluid.

AGENTS:

W. R. LOXLEY & CO.,

buildings, labour and sundries. Loans are at call and are fully seccred. Regarding the profit and loss account, the profit for the year amounts to Tis. 7,203 80 is to be found in the unsatisfactory of which Tis. 4,134 34 consists of method of making, yet in part it interest on loans. The rubber is also due to adulteration by account has been debited with dishonest morchantsp who give 10 per cent. of general, and rivals in other countries no Shanghai chores and deprecia- opportunity to discredit China- tion, although we are tapping lees made tea by describing. it as unthan 5 per cept, of our total wholesome. The result is that number of trees. The total the trade of a naturally excellent amount now at credit of profit article is now eclipsed by Indian and lora account amcants to Tis. and Ceylon teas. In his opinion 49,883 88, and the directors do the high rate of Customs and not propose to carry all of this other duties is also one of the forward, ae by the time the estate causes: With a view to reviving is fully in bearing this sum will the trade be suggests that the not be represented by the present present Custome rate, which is liquid assets but will be invested shipped to Hongkong find their The 1.25 per pical, ehall be in the development of the estate. way to the Philippines, and reduced to T. 1.00 per picul. In addition to writing down the increase in shipments to The shortage in the revenue from buildings, etc., already referred Hongkong is one of the evidences, this source will be $200,000 10, the directors propose to write of the increasing rado with the year, which will not affect the Tis. 25,000 cf development island. Asregards Chino, Jorna Armstrong Mr&Mrs payment of foreign aes and occiunt and to carry forward Tis. tas mataged to secure a good Backhouse indemnities. With regard to the 18,004 21. The estate is quite part of the crers for copper and Beard prohibition of alulteration hej suggests that a department shall clean, and has made good option gouds, etc., which formerly Bowen Major &

Bowdler Mrs be established in every port the visiting agente reports of Oaks, Mr. Yuasa, of Kobe, Mrs

progresa during

year, went to Germany. Afr. Shibukawa, Carmichael Mr and

Mrs", where tea is exported and that

being quite satisfactory. Tuo and other Jaradero merchants, Casull Mr & Mire .n apecial officer aball

be appointed by the Minie-growth of the trees owing to the have begun to ship copper direct Coppin Mr & Mrs

estate having formerly been used to China.

the

TRIUMPH OF «CONCENTRATION.

W

YORK BUILDINGS..

HOTEL LISTS:

Peak Hotel.

Mrs

Coveland

Ellis Mra

Capt & Mrs

KB Mrs

W

F

G

Jones Lee

Kooh Mr & Mrs Lipton A'R McMann Major

Mitchelmore Mr &

Mre EV Pearse Mr & Mis

Pluramer J I

Major YED Roome Eng Comdr Shary Mrs Sinclair A Skinner Bias Skott O

Mrs.

Mr. & Mrs ASorenson

Stewart OF. Mr. &

Mza Weston Mr & Mrs Whitfield Capt and

Kra

try of Agriculture and Comfor topicca, is somewhat retarded meras to examine every chest of but further manuring has been Reduced Freight Charges. ten before it is sent out of the done which appears to have had

The reduction of transport Faichino Major country. Tens adulterated,o: not good effects. Labour has been charges on silk, silk fabrics, Gibbo of the right colour, or having diengreeable tours shall be con ample for our requirements, the cercals and cotton expoits recent fiscated and in case of lighter weeding being done by Chinese 13 effected by the Government Ha

Gall Li-Col on contract. Steps will shortly always has earned the warm idman Mrs irregularities fines eball be exact be takon to form the nucleus of approval of the Chinese prese Hazeland F A ed from the guilty perkou. The

a permancnt estate labour force, generally. methods of making and packing and the change from contract

Horbrender Mrs Wicke Hov & Mrs The Eastern Times voices this Horbacz Mr & Mrs Williama E tras skall be improved, and ad labour will enable us further to entiment in

Humphroye Major Willace C a representative fes Lt Col H W

Young vertising and the establishment reduce the cost of weeding, which spirit. The reduction, age that of branch Longs in foreign for the year under review shows paper, ought to prove a great boon countries shall also be encouraga satisfactory reduction from the to our merciants whose export ed. The President in his rescript previous year. With the exoep. trade has been so much hampered sanctions. the reduction of duty tion of white onte and a few by the war. The source of im charges in "consideration of the isolated cases uf "fomes," no pesta ported goods is being lim tad day difficulties of the Merchants and

or diseases are recorded. Health by day and the encouragement Amo instructs the Ministry of Agricul has been excellent, both native now given to native commodities Bailey AD. ture and Commerce to draft and

and foreign. The directors wish will doubtless confer'a gr. at be- Budge carry out measures relative to the to express their appreciation of neat on all claves of the people. improvement of manufacturing the good work done by the

Fischer methods and the prevent on

of adulteration with inferior his return from leave, has had no

manager, Mr. Wyld, who since

materiale.

Shanghai Exchange Circular.

foreign assistant. Tapping and

HOTEL LISTS.

Hongkong Hotel.

Meara, Maitland and Fearon's manufacture are reported as being Abraham, E 3

well done and considering the Alport C M

Athol L

ОР

Backhouse J H Balliator Mra Banham FO

Knottonbolt TH Kool Dopt & Mu Langaton A Lawrence Sister Lloyd Lyle Macdonald J Macdonald J R Macintosh Capt &

GT

report for week ending the 21st small number of trees in tapping. Anderson Mr & Mrs Lambert E B October, 1914, atates:-The Lon-

cost of 1/51 don price of Silver at 22.15-10d, the low "all in" shows a drop of 0-16d, during must be considered very satis the week, and our local rate for factory. The yield per tree Ballia T/T on London has responded by shows a reduction, this being due t a drop of Id. to 2/244.. At this to a large number of young trees rate woare d. below the accepted being brought into the tapping parity of Silver, but this perity round. We hope that the is based on a cormal scale of estimated output for the current charges, and makes no allowance year of 18,000 lb. will be

for additional "War risk" or increased freight. The parity abo refers to London Standard

exceeded.

Bell

ODJ

Belilios, Mr ER Bell Eona, GA Bergen Cvan Beswick Mr & Mrs Bishop Mr & Mrs

W

Bredhoff

JN

AJ

Mari

MacIntyre Mr and

Mrs N

Mana Mrs R R

Marriott, Dr.O

A

Marshall W L

B

Matheson, Mr

T. Matheson, Miss M McWilliams CF Mersold, J

Meyer OE Middleton G9

WP

ModyJHN

James

King Edward Hotel.

Almond Mrs R

W

Lorber J "Mayno UW O Morita Comdr Murphy H Passmore Mrs W C Fiko Mrs S Ramsay Mrs R.A Roster Mr & Mrs

Drosa Dr C T

F Foy Mrs A Gona Mr & Mrs Hollingsworth A H Sibres Dr Hunt 1.8 Hutcheson Joseph J

Катодогр D W Kraft Mr&Mrs Krobs Mrs WG Lauretsen Arc Min Lunnor Miss

Skco NJ Smith Mrs D'GR Boper он

Stephens W Ar Sylvester Mia E Thompson Mis Underwood Mrand-

Mrs J, H

Grand Hotel,

Allen F

» Gibbs AWD Bond C

Reynolds Boudewijns G Roggoveon Buchanan Mr&c. Mrs Sanderson R Crow Mr & Mrs AB Wiesman O Esnault Mias EWright B 11

Miller

Carlton Hotel.

James

Ballantine Mr and Morris E O

MIR BA

Paul B Bari.es C

W.V Beatley R

Riga A Bentley Mr & Mrs Fanty P Cave H E

Scoffold W H Bilra

My & Mirs Evoringbom CH Swiger O Fulcher OW Tall Mes Garratt EF

Watling Mr & Mrs Grandy AJ

Whibley A B Hollway HD

Wilson D C McKinatoy Rev W

Pentrenth Mr & Mrs Crombie Lt Geo

H

Bohneider A W Borennen & B

Black W M Japan's Foreign Trade. Except with England, where Brister JH

он Silver, which is 2 per cent-European trade is still paralysed, Bourbel Mme de

there je A

Broke CB recovery, Kobe's

Brownlow EO higher than Sycee. Exchange

In these cambrid business has again been of the Bays the Mainichi

circumstances it is all the more Carton "band to mouth" description in both Importe and Exports. For gratifying to note that there was Clarke WB

WE the present it is difficult to obtain a remarkable increase in trade Coleman DrALEF Musso

with, Australis, America, and Course Arthur Newton D T/T on Landon for early delivery. South China during the last ten rocker 3

Ogden A W... but better than current rates is obtainable for forward. Our days of last month. This, how- Donnison Mr & Mrs

Pierce Mrs O D Powell G

M stook of Sycee amounts to Tis, ever, was not maintained during Douglas DS8

Doug as Mrs Preston A. M. 50.300.000, Mexican $19,410 000, the first ten days of the present Dowley WA

Purvis A The Tanah Merah Estate Ld. month, exports to America Duckworth FT

Ray, The fourth annual general and Australia, which totalled Duozoisol Mr& Mrs Holy, Miss U

Rowell J. P meeting of the Tanah Merah Y.3.568,000, atowing a decline of Duffy Miss, M.E

Schlueter H Estate, Ld., was held at Shanghai .898,000 from the former pericd. Ehrenfels Mr & Mrs

F at the offices of the general man. The general tone of the American

Evensen E agere, Mesera, A, R. Burkill and trade, however, in reassuring. A Fabr H Sons, on October 28. Mr. C. B. shipment of over Y.20,000 worth Forster L Burkill, who presided, said: The of fish oil was a noteworthy and Gold directors regret they are unable satisfactory item. The decline in Giraudier A Jr. to recommend a dividend, but exports to Australis is scoribed to Hall Capt. TP they feel sure that shareholders the completion of the habutar Handley For H

Hannibal WA Happer J B will agree with them that in the ordera last month and to the sust present circumstances it is not comparative inactivity of the Howeth, How Me E. Wassius GE Bivisable to do so. At the out beginning of the month. It gives Win White F break of war, shipments were no cause for concern, A satie Holmes held up in Singapore, and al. factory phenomenon is a marked Hunter B though they have now been re increase in trade with the Philip sured and the market price in Pines : but a great deal of this is James → Wood G London is fairly well maintained not direct business, so ugares are Joseph RM a long continued war will make not available. It is known that Joseph the future very problematical and a large proportion of the goods

Glbb J

Square Miss A Stockmost 8 Straham Mr & Mr

88 Thompson A Tyson 3

[F-H

Wall Blle

Warm ET

Kingsclere Hotel..

Anderson Con Gen Evno-Jones Ly and

Black Dr & Mrs G Kont Mr & Mrs

DE

Kent Master Mr & Mrs3 Logan W

Date: Mitchel E JR MJ

Nixon. F

Rawliam R J Robertson Mer &

Broen Carleton A F Cooper WAJ

Baches Mrs G

Filling Miss D Shields AL

Forbes Mr Mrs A Singer Mr & Mrs ET Grimaliaw Graw Mr&Mrs Batton

Dounelly DE

Mies AAS

Mr and

Ellan J.My

Fielder. TE

DU

Williamson Mr Wood GG

Wright Mr & Mrs

Knottenbelt Mind

Home A Thomas P

Harrison TL

WAIGJI van der

Woolfe HD Hertel OHWA CHA

Hoogwerff Waljler B. W. Hurley FO Mason Wilson WAWA Jonker G AF

PUBLIC COMPANIES

HONGKONG & SOUTH CHINA STEAM FISHERIES

CO., LTD.

Belling T/T..........1/8 3/8. Demand.........1/8 7/16 60 die 1/8 9/16" 30 d/a..................1/8/4

41/8..............1/896 T/T Shanghai 7734 Private 30 d/s eight T/T Singapore ninnac T/TJapan

NOTICE TO SHAREHOLDERS. T/T India

...12814

Demand India ......1281 T/T B:mbay Demand Bombay ...1281 ANNUAL T/T Calcutta THE FOURTH

MEETING OF SHARE-Demand Calcutta: .....1289 HOLDERS will be held at the Demand Manila 84 offices of the Undorrigned, No. 4. | T/T. San F'co & NYAIF Queen's Buildings, Victoria, Demand, New York 41 7/8 Hongkong on Thursday, the 5th T/T. Java November, 1914 at Noon. Company will be CLOSED from

The TRANSFER BOOKS of the

EXCHANGE.

T/T. Marka ......................

Nom,

Demand Germany... TT. Francs 1999.4. 2.18 Demand Paris................... 2,1214 On Haiphong ... On Saigonis On Bangkok..904

Buying.

Nom

4 m/s. L/O....19 4 m/s. D/P..............1/939 6 m/s. L/C1936 30d/s.S'ney &M. 194 30 d/a.Ban Fcc&N.Y.434 4 m/s Marks

4 m/s. France ............. 6 m/s. do

2.23 2,28

Gold Leaf per tani.. $58.901 Sovereign

******** 11.50 Bar Bilver, ready....22 1/2 103 1/8

forward

SUBSIDIARY COINS.

Discount per $100

the 20th October to the 5th Chinese...20 ots. pieces $211 November, 1914, both days in-

Chinese...10. clusive..

#

BRADLEY & CO., LTD,

General Managers Hongkong, 26th October. 1914.

NOTICES

NOTICE:

W. & A. GILBEY'S WINES & SPIRITS.

לו

BANKS

$22

INTERNATIONAL BANKING

"CORPORATION.

HEAD OFFICE: 60, Wall Street, New York, LONDON OFFICE: 36, Bishopsgate, E.C. BRANCHES-

Bombay. Calcutta. Canton.-1.

Cebu. Colon, Hankow.

London. Manila.

Panama.

Peking.

San Francisco.

Shanghai.

Singapore, Yokohama.

A. S. WATSON & Co. Limited Hongkong.

Kobe. have been appointed AGENTS CAPITAL PAID-UP $3,250 000 RESERVE FUNDS...... 4,060,000 for Messrs. W. & A. Gilbey's

Wines & Spirits.

Ir

A. S. WATSON & Co., Ltd.

Hongkong, 22nd October, 1914.

SINGON & CO.

Established A. D, 1880.

RON STEEL METAL and HARD- and Retail Ironmongers, Pig Iron and Foundry Coke Importers, General Stora: keepers and Bhipahandlers, Nos, 35 and 37, Hing Loong Street, (2nd Street weit of Central Market) Telephone No, 515,-

WARE MERCHANTS. Who'orale

AMERICAN DENTISTR

PORCELAIN FILLINGS.

The Latest Improvement Lasting Workmanship and Pain, Operations. No charge for ozam‘natīvus Foes moderate. Diploma. Tokio,

Dr. T. YAMASAKI,

34, Queen's Road Central

(Corner of Flower SLeet)

Telephone 62.

MARTIN'S

CAPIOL &STEEL SPILLS

French Samedy forn!iirregularities. Thousands of Ladis always kang s bor of Jarlin' Plis là thu hơn tán là lên thi đại sito of mey Irregamally of in system a imely may be adminlasered. Those who DE LLEUKOCommand tem,benca their angs. inets rala, All Chemists anil Blazes anli kham throughout Ska · World, or post Team Bạc, MARTIN,, Chumbet Southampton, Eug

MARTIN'S

APIOL &STEEL VAAZIOEN PILLS

(U.S. Gold) 97.310,000 All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted.

CURRENT ACCOUNTS open- od and FIXED DEPOSITS received at rates to be ascertain- ed on application.

N. S. MARSHALL,

Manager, Hongkong, 22nd Oct. 1914. -

THE

YOKOHAMA SPECIE BANK

LIMITED.

Established 1880,

Authorised Capital Yen 48,000,000 Paid-up Capital

30,000,000 19,250,000 Reserve Fund...

+

"

Head Office.-YOKOHAMA.

Branches Antung-Hsien Boubay

Calcutta

Changchun

Dal:eg Fengtian

Harbliz Haukow Honolula

Kobe

Liao-Yang Loadin Lyons.

Tsingtas

Agencies at Nagasaki

Newchwang New York Orika

Pakla Ryolan (Port "Arthur) ̧.* San Francisco Shanghai

Tabling Tientsin

Tokyo

Los Angeles

Tsingtau

Interest Allowed on Current Account.

Deposits received for fixed perioda si rates, to be brained on application.

EISHI ONO, Manager, Hongkong, 77th October, 1914.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND BOHINA.

Incorporated by Royal Charter 1859,

HEAD OFFICE. LONDON." Paid-up Capital .............................. £1,200,000 Reserve Fund........

Hongkong.2fats. pieces $15 Hongkong.10

$1596

BANKS

HONGKONG & SHANGHAI

BANKING

TION.

CORPORA-

Paid-up Capital .......................$15,000,000 RESERVE FUNDS:

Sterling

£1,500,000 at 21-

815,000,000 Silver $18,000,000

$33,000,000

Reserve Liability of

Proprietors..$15,000,000

COURT OF DIRECTORS. Hon. Mr. D. Landale. Chairman. W. L. Fattenden, Esq.- Deputy

Chairman.

S. H. Dodwell, Esq G. TM, Edkins, Esq. C. 8. Gubbay, Esq. P.H. Holyoak, Eag J. A. Flummer, Esq. Hon. Mr. E: Shallim, CHIEF MANAGER: Hongkong-N. J. Stabb. ACTING MANAGER. Shanghai-J. D. Smart. London Bankers-London 'County and Westminster Limited.

Hongkong Interest, Allowed;

On Current Account at the rate of 2 per cent per annum on the daily balance.

ON FIXED DEPOSITS For 3 months, 2 per cent per

annum,'

For 6 months 33 per cent. DAT

annum.

annum.

For 12 months, 4 per cent per

N. J. STABB

Chief Manager.

HONGKONG SAVINGS BANK

THE

HE Business of the above Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION

Rules may be obtained on apɩ plication.

INTEREST on deposits is al.... lowed on the minimum monthly:- balances at $31 per cent, per an~. Atm

Depositors may transfer at their option-balances of $100 or more to the Hongkong and Shanghai Bank to be placed on FIXED, DEPOSIT 4 per cent, per: sonum

For the Hongkong and Shang-- hai Banking Corporation: B. BentateN. J.STABB,..

Chief Manager.

Reserve Liability of THE MERCANTILE BANK OF

Proprietors

£1,800,000.

£1,200,000

FOREIGN EXCHANGE and General Banking business trans-

INDIA, LIMITED:

1,500,000

1,125,000

562,500

465.000

Authorised Japital Subsoribed CURRENT ACCOUNTS open-Paid Up ed and FIXED DEPOSITS re- Roserve Fund ceived for 1 year or shorter periods

PEAK TRAMWAY 00 at rates which will be quoted on

LIMITED.

TIME TABLE

WEKK DAYS/

3.00 AM, to

Loo kåt. „Every 13 Mix,

zo Mi

za Mini

· B.00 432; to 10.00 2.05.

10:00 AM ta $100 AIC EL-10 AM, 10, EREJ T36)

ו'

* HITS POL, LOT -9,00 22844

MƐ to

13 M

*5 20

KAS VITO

KAS TIME

· 1.43 2636) 2.35 .ac

10 M

IS MIN

25 MIX.

-

20 Mon

GAAN NIGHT CARSI --

1.56 VM) and; p rari, pist way to

£1,00 FM), Svery bili bom"

every quarter of an bours

MYSUN DAYS

KITAB ANG EN C20:30 AIM: „Event xy Meli

Lagida Kasus te 100 nau

12:00 225 20, 200 22E,

21 Mana

Mrm

ŪNIGHT-CAMS so on Took Days:

SATURDAYS): 16th Katia: Carliks jail klinight.) KALEANPECIAL CARE

By Arnogamentua tha Company's CMA),

Die Vordz Bönd]

application.

Wm. DICKSON.

Manager. Hongkong. 11th April, 1912. 7.2

NOTICE.

THE CHINA - PROVIDENT LOAN AND MORTGAGE

CO., LTD." The

(Capital Paid up...$1,250,000.)

Loans on Mortgage of House Pro perty, &c.

BANKERS:

Bank of England London Joint Stock Bank, Limited.

Every description of Exchange business transacted.

̈ ̈** Inteïèst allowed on Current Ao-- | Gounts at 2 per cent per annum on Daily Balance and on Fixed Deposits at rates which may be. ascertained on application.

A. R. LINTON

Manager.

OPIUM QUOTATIONS.

Sept. 14 $8,300, ver

8,300

Goods received on Storage, Advances made on Merchandise: Loans made on the Provident Malwa, New

System

Malwa, Old Rater and Particulars on ap Eatna, New

9,325 per obe 9203 plication)zopanga 4 Patna, Old

The Office of

Benares, New .............. 9,050, TRUSTEE EXECUTOR OF Booares, Old. ... 8,825

WILLS, ATTORNEY, &on Undertaken and Executed:

SHEWAN, TOMES & 06. General Managers, Hongkong, 19th March, 1908)

THE ALEXANDRA CAFE Cannot be Beaten, 1f. Equalled. For Bread, Cakes, Confectionery and meals with Wines & Liquo ed

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