FAR EASTERN CURRENCY.
Small Value Paper Issues:: The US Consul-General, Mr. G. Anderson, Hongkong, points out that with a monetary sirenis- tion in silver or in paper currency based upon silver, Hongkong and its South Chins business field are
"THE THIRTEENTH CHAIR."
Another Excellent Frawley Production.
THE HONGKONG TELEGRAPH, WEDNESDAY, MAY 22, 1918,
STEEL OUTPUT AND WAR. THE DAIRY FARM COMPANY LIMITED.
Capacity of U. S. Mills for Moet- Lay the Requirements of War Programme.
IN
The business of the manufacture and sale of ice and the business of cold storage hitherto carried on by the Hongkong Ice Company Limited has been acquired and will in future be carried on by the Dairy Farm Company Limited. Consequent upon such acquisition the name of the Dairy Farm Company Limited has been duly changed to "THE DAIRY FARM ICE AND COLD STORAGE COMPANY LIMITED." and
its business will in future be carried on under the new name.
M. MANUK Secretary.
THE DAIRY FARM ICE & COLD STORAGE COMPANY, LIMITED.
having less local trouble at the that the talented Frawley Ormor are we not going to be able
It was an extremely weird Blay
Pittsburgh, April 12.—Are we, present time with their pany presented at the Theatre in this country to produce iron currency than countries in the Royal before another large sudi and steel enough to play our fall For East whose money is based ence last night, "The Thirteenth part in the extensive war pro- #pon gold. After all the ups and Obair," by its very name, certain gremme of the Government downs and the retirement of largely indicated something in the boarde, and still quantition of subsidiary coins to nature of the coolt. It was soon material for necessary home. supply place Hongkong's currency on an evident that each was the case, se industries? This question bas equality with its various elements, throughout the three sets the audi-paturally been sated with more the present peaceful course of its ense bad presented to them sinaistency since the shipyards monetary affairs seems remark- series of dramatic incidents in began to explain their delay in able.
which At present subsidiary coins are took &
• spiritualistic medium production on the ground of lack in circulation in the colony sub in
very prominent part of steel from the mills. The very the unravelling of two anfavourable iron and tol stantially on & par with the most mysterious murders, one production figures of December, standard silver dollar. By reason of which was enacted during January and February gave of the probibition of the export of the seance before the audience, emphasis to inquiry about the silver from the colony, the Hoog happily, while the lights were low kong paper doller is in circalation The plot revolved itself around sta discount compared with the murder of one Spencer Lee and shipment of steel continue The answer is, that production silver in the South
Chips and the efforts, by the aid of the to show a rapidly strengthening Provinces, but this is due to the spiritualistic medium, which were position. Last week the Iron Age fact that as long as the export of being made by Lee's friend, blast-furnace report showed that silver is prohibited the paper Edward Wales, to discover the pig-iron production'in March was dollar is not convertible into ibe murderer. silver it representa except in believing in the power of payoho-000,000 tons per annum. or nearly Wales, sincerely at the rate of more than 38,- Hongkong. Ins general was the logical suggestion and likewise in 30 per cent, above the ever- valas of Hongkong and South the fact that he was on the track age rate in January and Febra great economy, for her nations! China corredoY goes up and of the murderer, had arranged ary.
Germany ought to observe down with the course of the silver that a mediam, Madame Bosalie Iron and Steel Institute makes a marke, it was said in the Baich This week the American debt is now 124,000,000,000 market; but its various elements Lagrange, should hold a seance report on steel, ingot production stag on March 1 by Count ártor A MEETING of the creditors
ما
future.
A HUGE DEPT.
Germany Urged to Practice Economy.
von Posadowsky-Wehner, former: 1 Vice-Chancellor, acording to the Cologne Gäseite.
-TO-DAY'S ADVERTISEMENTS.
THE HONGKONG ICE CO., LTD.
NOTICE.
held on THURSDAY the 6th day of June. 1918, at the Offices of the Company will be
of Messrs Jardine, Matheson & Co., Limited at 12 o'clock
Ordinance 1911. of Section 181 of the Companies NOON pursuant to the provisions
The Count, who is not said that when he was at the bead member of any politics! party,
meat the national debt war will be asked to determine whe of the Imperial Treasury. Dapart-
50,000,000 marks, sad he had ther an application shall be At this meeting the creditors
amount 88 m de
considered
that
to the Court for the
exceedingly bigb. Schemes to appointment of any person as
Count You
NOTICE.
THE HONGKONG & WHAṀ- POA DOCK CO., LTD.
remain in the same relation to in the home of a curtain wealthy in March, which indicates a esch other, and there has been no friend, at a time when a large annual rate obtaining during that trouble with the hoarding of number of guests were present, month of 42,000,000 tour, against * silver coin of any sort.
Other countries in the Far Eastaleo the murderer. What is at firat ary, and 28,620,000 tons in Jaun- among whom Wales believed was rates of 33.530,000 tons in Febru have had great difficulty by reason) taken for something approximat of the fact that the high price of ing a joke by most of those pre-abcut 42,200,000 tons in 1917, STY. Actual production was silver bea carried the value of sent inrns out very soon to be and 41,400,000 tone in 1910 their subsidiary and other silver real tragedy, for when the medium while even capacity stepresent is soing bigher than the gold value is about to reveal the name of not less than $7,000,000 tons. of these coins. The result has been the person who murdered Lee, Thus production in March was st that even where there has been a Wales himself is stabbed in between 85 and 90 per cent, of prohibition of the export of each the back in the same manner as capacity. coine they have disappeared from was bis friend. It was all very
decrease the debt through now Liquidators in the place of or circalation, either being melted tenee and dramatic, and it was that occurred in the three months tinued to increase it instead of Liquidators appointed by the The great curtailment in cutpat time, and the Government con- Matheson & Co., Limited, the taxes were not approved at the jointly with Messrs. Jardine, for sale as bullion or for ase in msds all the more an by the very preceding March was wholly due taking up the battle for pe of a Committee of inspection. the arta or simply hoarded. The realistic efforts of the police who sitaation has become so embar-soon appeared on the scene. The to traffic congestion Bat trans taxes.
Company or for the appointment rassing that all gold-standard examination and cross-examins Portation conditions, are now roantries in the Eset havation of those present, among whom en better than is indicated by classes of part of their possessions Talk of depriving the wealthy been compelled
JARDINE, MATHESON, adopt it was clear was the murderer not reason that, se mills became able The burdens of the empire would paper currebay for subsidiary only of Lee bat of Wales, preto ship more mstarial, late in be tremendously heavy, and he the figures of production, for the was depreciated by the Count.
ti & CO., LTD. circulation. In the Philippines sen ed some extremely dramatic February and daring March, they did not think that Imperial Toans
Liquidators, paper currency has been iarned incidents, all of which were very did not increase production in should be redeemed by taking the
The Hongkong Ice Co., Ltd. by the Philippine National Bank ably presented. With the excup the same ratio, but nadertook to holdings of the wealthy classes, iu denominations of 50 centavos tion of the medium, a part played reduce the stocks that had so who desired to uphold the (8025 U8. gold) to the amount by Miss Valentine Sidney-who, cumulated both because custom- enonomia life." af P.1,000,000 ($500.000 gold), for some reason or perhaps farers wanted the material and Posadowsky-Wehner added: ir two issues of P 500 000 each none at all, presented the char because the stocks were in the and the Government of the island aoter as possessing & very rich way. In January and February, German cities were still paying territory is seeking an appropria-Irish brogue-all the other mem shipments of £nished steel were off war debts and indemnities "Up to a few years ago the tion for the establishment of a bers of the cast, which was an less than production. In March resulting from the wars of the "mint and authority to iesne small exceptionally large one, had parts they were more than production, Napoleonic period. We all hope 'descmination notes on its own of practically similar importance sccount. The notes issued by the that called for nothing particular and thus there has been a very that there will be no such war 38 DURING my absence from the bank are secured by deposits of ly striking in their presentation, large incresse in shipments, gold coin with the territorial The fervid outburst, on being dis
this again within s mesurable Graham
Colony Mr. James W. Government.
As to the ordinary commercial period of time, and that we Manager.
will fact
a8 Chief It is generally understood that ably performed by Mr. G. A. For war work, the increase in his be able to guide the 'country Directors.
covered as the murderer, was most consumer of steel, not engaged in will fad stateeman" who will, the Philippine Legislature during bee, who took the part of Philip receipts of steel has been still in such a manner that we will
By order of the Board of its current session will pass legis Mason. Miss Kathryn Browne greater: Very little of the steel not again be involved. In that lation reducing the amount of Decker, as Mary Eastwood, was me that accumulated in mill yards oase it is not necessary to redeem
R.M. DYER, silver in Philippine coins to the mysterious as she was required and warehouses was "war steel," the financial barden within a
Chief Manager.. amount of metal placed in car to be, while Miss Florence which generally received pre-relatively short period. We could responding coine of the United Chapman, in the port of Helen ferential treatment by the rail.allow ourselves decades in which Staten. This will tend to reduced O'Neill, was as quiet and re roads. The increased receipts of to do that. embarrasement in the future from strained as the part demanded, steel by jobbers and manufactur extraordinary risen in the value Nous of the other parts osil for ing consumers are bound to ease
"It would be a good thing of silver,
it the Secretary of special mention, except that of the situation, and no surpris Imperial Treseary would consult In Japan paper carreney is the police inspector, Tim Donahue, need be felt if within a few weeks with the ferncial ministers of being u od in denominations of which was played with much bayers ank mills to curtail ship the individual states regarding a 50, 20, and 10 sen. The Govern Fuccess and virility by Mr.ments. For more than two years plan to improve the system of saz ent of Singapore, Straits Settle Reynolde Denniston. It is to be they have gladly accepted every.sessmentor. In that matter you ent, where fixed exchange for hoped that his assistant is nothing the mills were willing to are often faced by a conundrum silver carrecoy is in operation, typical of the American police abip. has also been compelled to issue force. It may be said that "The
Yja see persons who lead a life paper currency in denominations Thig eenth Chair" is a play that facturers are giving more thought expenditures, but who pay their It is clear that, the steel mana, of wealth and indulge in great of 10 centa and 25 centa local might very easily be spoiled if not to the steel buyer and to what taxes on a basis of assessment THE Steamship currere or shoot $0.055 and carefully played; and that it passed may be in his mind than they which would setanich spa." $0 135 United States gold.
ין
A considerable number of says much for the all-round age, when shipments were
off last night almost fanitiestly were doing sixty or nicety daya
small vilne potes has been isened ability of the Company. by the vernment of the Province
To-night "The Beuse of Glass,
be
of Kn-ngsi in China to meet the another modern drama, will abortype of silver felt all over presented.
provincial China and also as a
matter of loan. The notes ure
80
greatly cartsved by traffic con-İ excumbrance, and not so asset. "gestion that a customer was an The present feeling in the steel- making trade ie that private opste.mers will soon prove to be a valuable asset.
bonght and sold as cilver certifi-doring the past year has not been ale in Hongkong by money chargers a discount of about 20 nteracted by any return of the per cent, They represent a partial
metal to the Provinces whence it eft of the suthorities to replace came even ster it has been 10-
tarned to Chins from abroad.
ailver currency sent to Shanghai
om.
WHY TAKE SALTS
at the beginning of the movement Excharge in Bongkong of silver abroad and for invest tinues to remain considerably ment is gold securities and for below the parity or corresponding or other diregreenble griring - speculation.
value of silver. There is a curgatives, when Pickettes, the The dearth of silver and copper emian on gold coin over paper dainty little gentle-s-nature lex money in 8th Chins is having a currena, rep eventing gold of avas, do all that is necessary, marked effect upon trade, Tran. about 25 per cenie, $100 io motions of all kinds is imports American gold coin will bay about and exports are greatly impeded $125 in American paper car
PINKETTES
while the great poses of people are rency. This, however, is distinct dispel constipation, bilionsnem feeling the lack of coin most keenly a premium on gold, not a di» sick headaches, liverisbees, clear ly. The situation grows out of count of paper, for the value of the complexion aus purify the the wholesale export of silver and paper currenos ie on a level with breath.
POLICE RESERVE ORDERS.
the
·Orders imcard today by Mr. F. C. Jerki, ".B E., stale:-.
Parades.
Units will nade at Central Bration as 545 pm. Uniform, helmets and spikes.
Ionday, May 27-No. 2 Ted May 28-N-3 (Jom Company,
pany. Anbulance, and Bagiers and Drommere.
- Wednesday, May 29 No. 1 8-ction.
Thursday, May 30-Ng Piston,
at Water Police Station;
·Friday, M-v3L—No. 28otion
Strength,
P. O. 143 Wi Tump Tat i
opper currency from Seath Obins bank exchange for gold. Toe Of chemists, or post free, 60 permitted to esign on leaving the to use the demand for metale ipability to secure gold ses som cents the vish, from Dr. Williams' Colony. abroad. The large movement of modity by importation accounts Medicine Co., 96 Ss ohter Road,ined :-P. 0. 454 Lay, to No silver to Baanghai and Hongkong for the difference.
Shanghai.
1 Bootion,
Hongkong. 22nd May, 1918.
INDO-CHINA STEAM NAVIGATION CO., LTD. NOTICE TO CONSIGNEES.
From CALCUTTA, PENANG and SINGAPORE.
KWAISANG "
having arrived, from the above Ports, Consigrees of Cargo by her are her by informed that all Gods are being landed at their risk into the hazardous and or extra hazardeys Godowns of the Hongkong and Kowloon Wha f and Godown Co., Ltd., whence
may be obtained.
ENGLISH
Lisle Thread SOCKS
Made from a
strong soft thread, are light in weight, very durable and ex- tremely comfortable and cool in wear, Stocked in Black, Navy Blue, Tan, and Grey, either plain or with embroidered Clox.
MACKINTOSH
co. Kra
MEN'S WEAR SPECIALISTS,
16, DES TOUX ROAD.
TELEPHONE NO.:29.
Powell
Wm.
TELEPHONE 346
GENTLEMEN'S
OUTFITTERS.
The house for the best
SUN
PITH,
Smart
and
Lid
COMPLETE
selection of
HATS.
RUBBER,
useful shapes, stocked
IN
SUPERIOR QUALITIES.
FOLE AGENTS FOR :--
GLYN & CO's.
FELT.
odly
SUN HELMETS. STRAW & FELT. HATS.
COLUMBIA
RECORDS.
COLUMBIA RECORDS GIVE MORE" FAMOUS ARTISTES, AND MORE PERFECT RECORDING THAN ANY RECORDS AT ANY PRICE.
SOLE DISTRIBUTORS:
THE ANDERSON MUSIC CO., LTD.
16, DES VŒUX ROAD,
JUST
TEL. 1322.
ARRIVED.
A Fresh Consignment
of
BURGOYNE'S
SPECIALLY
SELECTED BURGUNDY RESERVE
snd/or from the wharves delivery RECOMMENDED BY THE MEDICAL FRAYERS
Gonda ant cleared by the 28th instant at 5 pm. will be sub. ject torent.
seed packages are to be left in All broken, chafed and dam the Godowns, where they will be examined. Claims ag-inst the steamer musi he presented with in 10 days of arrival therwise they will not be recognised. -No Fire Frsurance will be effected by us in any case what- Bills of Lading will be counter- sigued by
JARDINE, MATHESON
& CO. LTD. General Managers ngkong, 21st May, 1918,
Burgundy Reserve per
Claret Reserve
Scis
26.00
24.00
24 pts.
SOLE AGENTS”.
CANDE, PRICE CO., LTD.
TEL. NO. 135
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