COMMERCIAL NEWS.
COTTON TRADE'S FUTURE.
Discussing the future of the cotton industry, Sir Charles "Macara, first president of the International Cotton Federation, who has 30 years' experience of cotton trade organisations, saysThe trade in nearly all! countries has been restricted in output through difficulty of
and obtaining Isbour material.
raw
British and Ameri
curtailed
can production was enormously.
HONGKONG TELEGRAPH WEDNESDAY FEBRUARY 19, 1919.
CONDOR SPIRAL The Condor Spiral Reflector Lamp REFLECTOR
called the
CONDOR SUNLITE
gives 10 times more light than a regular lamp.
In the Condor Sunlite the latest discoveries in the line of electric lighting have been applied in the most alfaffective way.
All other kinds hitherto sold possessed one drawback which reduced the efficiency, vis the diffusion of light sideways, whereby but a small proportion (about 18%) profited the consumer. The Condor Sunlite remedies this drawback by having a separate shade of milk glass attached to the top of the globe, which fits tightly to the globe and throws the light in a semicircle downwards, thus reducing the side radiation to a minimu, 1XK..
The globe luself has also been altered to suis the purpose better. Further the wire of the Condor Sualita is not strung up and down as in the ordinary lamps, but is suspended in the form of a pirole in the middle of the lamp. The source of light thus being smaller, the strength of the light is greater and more intense.
The elasticity of the spiral osures it to act as a spring. If the lamp is shaken or jolted, the spiral vibrates, but by reason of its greater power of resistance, does not break..
The reflectors are removable and can thus te regularly cleaned or screwed on to a new lemp.
The Spiral Reflector L mp, which has been invented in the Conder Works, is supplied in low voltage from 16 3:0 c.p. and in high voltage from 25 300 ep.
A trial with the Condor Sunlite will show that its lighting power, which is radiated vertically downwards, its entire efficiency thus profi'ing the consumer, is
10 times that of the ordinary lamp.
The ideal lamp for the lighting of rooms is the CONDOR SUNLITE.
The Condor Lamp Manufacturing Comp.,
India, China and Japan, with 10,000,000 spindles out of 144,000,000 in the world. may have been able to run with less interruption, but they have had to meet the demands of a Home population of about half the world's inhabitants. The Belgian industry has been stapped since the outbreak of war, and the mills of Northern France have silent also been
and badly damaged. A large proportion of the cotton machinery of the world is made in Lancashire, and very early in the war the great firms of textile machinists turned their works over to the production of munitions, except small sec- tions occupied with repairs and renewals. Thus great leeway has to be made up. In ten years be- fore the war the English cotton industry increased its spindleage -by 12,000,000, this being about 2,000,000 more than the total of India, China and Japan, which have been engaged in spinning and manufacturing cotton by The power for 60 or 70 years. increase exceeds also the total number of spindles Germany had when war broke out. That country has been spinning and weaving cotton for 100 years. Such a position makes impossible any great extension of the industry, as the renewal of the many millions of spindles destroyed or damaged during the war will tax the makers of machinery to the utmost for some time to come: and as present prices
NOTICE is hereby given that per from 200 to 300
the Ordinary Yearly Meet above pre-war prices new mills, ing of the Shareholders in this
they
be Company will be held at the erected, could not compete with Company's Hotel. Hongkoup, on Con- FRIDAY, 28th, February, 1919, those already in existence. sideration of these facts, and the at 12.15 p.m. for the purpose or further certainty that the markets receiving the Report of the Bard of the world are bare of cotton of Direct re tokether with textiles, ought to have a steadying Stateme t of Accounts for the effect. Fluctuations in the prices year ending 31st December, 1918 of raw materials, and other com-
even
if
could
are cent.
NOTICE.
HO GKONG OT: L CO, LTD.
2
THER GISTER OF SHARES
modities, as well as of freights of the Company will be closed
Venlo (Holland).
SOLE AGENTS
HOLLAND PACIFIC TRADING CO.
NOTICE
NOTICE.
POWELL'S BUILDING.
KOWLOON B WLING GREEN CLUB.
NOTICE.
HONGKONG & SHANGHAI BANKING CORFORATION.
Ltd.
NOTICE.
PUBLIC AUCTION.
"""%! BANKS
BĂNK OF GANTON,
LIMITED,
HEAD OFFICE, KONGKONG.
FOREIGN EXCHANGE and
General Banking Business
Transnoted.
INTEREST ON FIXED
DEPOSITS.
For 3 Months 3% per annum
For 6 Months 4% per annum.
For 12 Months 41% per annum.
LOOE POON SHAN,
Chief Manager.
BANQUE INI USTRIELLE DE CHINE.
Babacribed Capital ... Franca 45,000,000. Paid my
23,500,000. (34 of the Capital, La. Frases 15,000,000, subscribed by the Government of the Chiqass Republic)
Chairman of the
Board of Directors André Berthelot. A. J. Parnotte Genazal Manage
HEAD OFFICE :
4. Rue Saint Lazaro, PARIS.
BRANCHES; PEKING
SHANGHA
TIENTSIN
RONGKONG VALDIVOSTO: I
4%
HO
BANKS
́ONGKONG & SHANGHAI
BANKING CORPORA
TION. Faid-up Capital ..............15,100,000 RESERVE FUND3;
Sterling
£1,5000,000 at 2)-
+
$15,000,00 Silver * $:9,300,000
$34,500,000 Reserve Liability of
Proprietors ........................... $15,000,000
COURT OF DIRECTORS:
་་
Home Mr. P. E., Holyoak-Chaleman, G. 2. M. Pika, Hug - Depage Chairman, A. R. Compton, Jag..
V.D. PET, Mag Hm, XxX Dolan, W. L. Partialen, C. 5. Qubony, K
3. A. Plummer, Zag
Hon. Mr. D. Landalo.
Shanghai-. O. Bayhan, Ing London Ba Loodon County and Ww jambuster Bank and Parr's Back, Lizabek
Hongkong-Iserem Allowed
Cha Currant counts of the Tale of 's per anne DET ENE INN GIA Abe Aly bahnoS
ON FIXED DEPOSITS.
For
month is par sank, Bonding For 6 months. Så per oath, BOSSZAN
For 11 months, à" per sani, Banan
N. J. STABB.
Chief Managai,
HONGKONG SAVINGS BANK.
THE Bo the 4 al kan zbaru Bană te potibucnað by 15% &0+OXUND AND SHARUHA, BANKING CORPORATION Rake may be sharmed an angleubleda
4
Baak te te shen MEZčko Barcen
* For the Kongbong kad Margini Buiting Corpion
NAJ.STARE,
SAIGON TH
HAITHONG
YUKKANYU BAXOI
BANTERS: FRANCE. Beciété Général pour favoriser le Developpement du Com- merce et de l'Industrie an France- LONDON.Lendua County
44
minates & Par's Fark. Ltd. London Joint City & Vidland Bank, Ltd. NEW YORK Redmond & Co. Correspondents in the oblef commercial centres of the world. Telegraphio addres; CHIBANKIND.
Interest on Current Accounts and Fired Deport in Local Currency and in Every description of Banking and Erabange business transacted.
Special facilities for French exchange.
M. ROUET DE JOURNÉL, Manager HONGKONG BRANCH,
Queen's Building,
NOTICE is hereby given that THE Underrigned has received Gold. Terms on applications
Ordinary Yearly Meer- ling of the Shareholders in this Corporation will be held at the City Pal', Hons kong on Saturday the 22cd, day of February, 919. at noon, for the purpose of receiv 2nding the Report of the curt of Directors together with a state- mest of Accounts for the ear ending the 31st. December 1918.
THE committee and members will be "At Rome" to their frien's on SATURDAY Feb. 1919 at 3.30 p.m.
D. S. COOPER,
Hon. Secretary.
and wages, are difficult to followfrem FRIDAY, 2'st, February to THE HONGKONG & SOUT?
but the main factor is that a considerable period must elapse
FRIDAY, 28th. February 1919 (both days inclusive) during
before the raw material is con-which perird no trans 'er of shares verted into the finished fabric.
TIT
Demand
30 dis
60 d/s
4 m/s
EXCHANGE.
SELLING.
T/T Stangh si
3/11
3/1 11/16 ...3/1 13/16 3/1 5/16
3/2 1/16
Nom.
TIT Singapore.
13214
T/T Japan
1434
T India...i
Nom.
Demand, India"....
Nom.
T/T San Francis-1
co & New York!
7436
TIT Marks...
TIT France
TT Java.ut 17934
Demand, Paris ......
can be registered.
By Order of the Bard f
Directors,
J. H. TAGGJRT.
Manager.
Hongong, 15th February, 19:9.
PEAK TRAMWAYS CO. LTD
TIME TABLE.
WEEK DAYS
Every 15 min
35 min
15 min
15 zako
3. toda
10 mix
Bataya only
Babordays only
15 mla
88883336999
כנת 5
NIGHT CARS. 850 m. 2.30 p.. 10.00 p.m., 10.35.
110 p. 110 p.m. and 11.45 9.. SATURDAY EXTRA CARS. 1.30 p.m. and 12.00 midnight.
N.
4.05 4062
BUYING.
4 m/s. LIC
3/272
4 m/s. DIP
6 m/ LJC
37334
30 d/s. Sydney and
Melbourno...... J
3/314
10.33
1533
30 d. San Francis-
oo & New York/
751⁄4
4 m/s. Marka....
4 m/s. Francs
6 m3 Francs ...
Nom 4.2316 42814
Demand Germany.. Demand, New York 74%
T/T Pombay
Den and, Bombay --
Nom
T/T Calcutta ............** ** Nom." Demand, Calcutta
Demand, Manila
b. 151
Demand. Singapore, 131
On Haiphong cách t
Num.
On Saigon ***** On Bangkok 4934 Sovereigntotanker 6 25 Nom. Gold leaf per DI ............ 44,40 Bar Süver, per os
100
47%
SUBSIDIARY COINS
DISCOUNT PER $100: H'kong 50 ota sub.
Canton
par.
15
$2% prem
1.302.12
EUNDAYS.
"LA 19,33 2.D,
to 12,00 noon
12. u noon › 1933 p.m.
to 1,33
to 7.00
to 8,00
Every 15 min.
NIGHT CARS
st
話
8.50 p.m. 9 30 m. 10.03 pm. 19 30 11.00 pm. IL3 p.m. and 11 45 pm. SPECIAL CARS
By trangnem_at_the_l'ompany's Ocian. endra Baldings, De Vorai Basd JCHN D. HUMPHREYS & SON
NOTICE
THE Delivery Order for 1750
bags of Rice, marked 8 Z.K. per s.s. "Siu Yang" issued by Messrs. Butterfie'd & Swire having been lost, we have duly reported: the 18 to Ma Butterfield & wine The said Delive:7 Order shall, the:efore, become null and void, if found hereafter.
SUZUKI & Co.
334% dia. Hongkong, 17th February 1919
CHINA WAR SAVINGS
ASSOCIATION.
fortes I Membership of the abov Aociation may be obtaine. from all the Banks or 'from the undersigned.
APPLICATION
THE UNION INSURANCI SOCIETY OF CANTON, LTD. Honorary Secretarios d Treasurers. Ringkonz. 15th January, 1919.
Yorkshire Insurance Co.
Limited.
ESTABLISHED 1884.
The Undersigned AGENTS
for the above Company are prepared to ACCEPT RISKS
against FIRE at Current Ra es. SHEWAN, TOMES & CO.
AGENTS,
"For the Blood is the Life,"
DO YOU SUFFER
from any SKIN OF BLOOD DISEASE
Siena Azul Moony en latinny and akimmers TEAR VESZ04.
Clarke's Blood Mixture
The Register of Shares of the Corporation will be closed from Mondy. the 10th, February, to Saturday the 23rd February, 19 9. (both days inclusive), during which period no Trassfer of Shares can be registered.
G.
By Crder of the Court of
Directors.
N. J Stabb.
Chief Manger.
R
The Pass Office will be remov ed from the Central Police Station to the top floor POST OFFIC BUILDING on the 16 h in t From that date ozwards Fermit to leave the Colony will be issued
Instructions to sell by Public Auction on
THURSDAY, the 20th Feb. 1919,
commencing at 12 o'clock (nocD)
at his Sales Rooms, Duddell .
Street,
1 Pemington No. 10 Typewriter I Remington Ne. 7 Typewriter
1 Underwood Typewriter.
I National Typewriter
J Smith Standard-Model No. '2
Typewriter:
(Allin fine cordition) On View from Tuesday, the 18th inst.
Terms: Cash on delivery.
GEO. P. LAMMERT,
Anctionner
HONGKONG POTEL"
CO, L1 D.
from there and not at the Central NOTICE is hereby given that
Police Station,
an Extraordinary General
All persons, with the ex-Meeting of the above Company éeption if these cf Chines will be held at the registered raca, desiring to leave the effie of the Company, Pedder Colony should apply in person Street, Victoria, in the Colony «f] between the hours of, 7 a.m. Hongkong. on FRI AY, the 78th. .m. and 2 p.m. to 4pm: daily. day of EBRUAR, 19 9 at Applicants will be required to porn when the sul joined rescla produce Passports or identification which was passed at the tion papers.
Extraordinary General Meeting
5. Crater Road
Tal. 2660
BANQUE DE L'INDO-CHINE (FRENCH.BANK.)
Read Cce: 15 bis Ene Lafitte, Faris.
Capital ...
Frs. 48,000,000 Reserves
50,000,000
2.
BRANCHES AND AGENCIES. Bangkok" Engkong Rattambang Montyre Koumea
Canton
Djibouti
Esiphonz
- Papeete
Ре
Hank. W
Iacoi
Phem Peha Pondichery
EASTERS
Fairon Shar ghai
Singapore Tientsin Tourate
Vladi ostock
IN FRANCE: Comptoir National d'Es
W
compte de Fris; Credit Lynemanje, Barque de Faris et des Pays-Ba Credi: Industriel et Commercial Soicete Generale.
IN LONDON: The National Frovincia: & Coien Bank of England Etdi Comptoir National d'Escompte de Faris: Credit Lyonnais.
IN NEW YORK: J. P. Morgan & Co.
Interest allowed on current Accounts und Fbed rezesits according to arrangement,
Every drreription of banking and ex- charge busites troacted,
A. SIRE Aeting Manager. Hongkong, October 21st, 1918,
THE BANK OF EAST ASIA LTD. ,司公限有行儤亞東
Head Office
No. 8. Queen's Road Central. CAPITAL $2,000,000.00.
Directors.
Mr. Fong Wal Tig. Chairman.
All persons with certain excep of the Company held on the tions. wbo remain in th. EIGHTH day of FEBRUABY. Colony for more than 7 days are 1919, will be submitted for con.how Shou Por. 147, 11ơn hun required to Register themselves firmation as & Special Resclu-Kan Ying Po.. Mr Mrk Ching Kong under the REGISTRATION o tion:-
manner
PERSONS ORDINANCE 1916 "Ibat the Articles of Associa Forms of Registration piving totion be al ered in particulars required may be ubtained at the G. P. O, and at all Police Staticna.
non-cm The Penalty for pliance is * five cot arosadins 150.
HONGKONG HOTEL.
RACE WEEK.
DINNER DANCES. will be held on TUESDAY, 25th February
WEDNESDAY, 76th Febranty. Special Table d'Hite Menus
at will be servad in tha
MAIN DINING ROOM
at "$250 per head and in tha GRILL_ROOM_
at $3.50 per head,
TABLE FOOLIBOS AT HOTEL
MAIN OFFICE
FH TAGGART, Manager
following, viż
"In Article 8 the word" five" shall be." substituted for the word
four".
Te #fect of this resolution. will be to ir crease the maximum number of Direct re from four to five.
| Mr. Chan Ching Shek Mr. Wong Tus Tong
Ch&f Manager.
Bất Keo Tong Po..
Asst Manager,
T. LITEDE.
All Banking and Exchange basinim
transacted,
Los
granted on approved securities. Terms mode ate.
Interest allowed on Current Account at the Par& Deposits at the following rates:- rate at 2 per cent, per annum, and, on
For 3onths at the rate of
Dated the Fourteenth day of per sar um
February, 1919.
By Order of the Bárd,
#
J. H TAGGART, Secretary & Manager.
MARTIN'S PIOE
STEE
4% per annum
For 6 months at the rate of
For 12 months at the rate of % per acqum ***
Kan Tong Po.
Ch'sf. Yanager.
NOTICE.
RAMSAY & CO
WE HAVE A: LABOR SELE TYNEWRITERS ALKATS.
WE SPECIALISE IN · REPAIRS WHICH ARE EXPERT MECHANIC
WE ARE IN THES
NO US TOUR
CARBON PAPER:ETC
POSITION
Chief Manage?.
CHARTERED BANK OF INDIA, AUSTRALIA AND
HINA.
Incor,orated by Hayal Chari 53
HEAD OFFICE-LONDON
FAIDI? KAFITAL KERESYS rux
BESFRYE KLASIKATY OF
FROPRIETORI
AL000000
FÙLEIGN EXCHANGA and Shaman), Banking
business transacted. CUREST ACCOUNTS oymać and ·PALES ENTOSITA (Calrad tut 1 year or soort period
sses which will be quoted de applicazion
1. C DOWNING
Manager. Bongrong, Ilth April, 1919,
THE MERCANTILE BANK OF INDIA, LIMITED.
Head Office 5. Gracechurch Street London. Authorised Capital... £1,50 000 Subscribed
' aid Up Iererve Furd
+
п
****** 1.185,000
BAKER
567,500
650,000
The Bank of England, Ionach Jetarteek Rank, Linkel.
BRANQUES
Babes
Ca'entha "Colombo
Саде
Hongkong
Rowa
Kardy
Fort Louse (Maribas.)
Kota bar
Kuala Lumpur
Madra
Young
Rangoon
Bangbal
Singapore
HONGKONG BENCH
Every description of Banking and Herbange dertnes trasMetad
Interest allerwed on Current Accounts at 1 par eunt per annum on Daly Balences, and on Flisă Depot a rates which may be anovstalnað en styll ador
CL. SANDE,
Acting Manager.
INTERNATIONAL BANKING'
CORPORATION.
READ OFFICE NATIONAL CITY BANK
EURDIN 35- Wall Street, New York,
CAPITAL AND Scapers US $3,500,000.0%
SDIVIDED FROFITS
$118IN, IL H.TS. Ces, President swi Gearra). Mamert
I over On Cr; 3′′. Bishonaga !». F. SAN FRANCISCO OF 2: Monteomaty
EA TERN RRANE
CHINA: hanghai, Peking, timbale, Bankow
Houston anton
LAPAN: Voch obc BIBERLA V/tiros dek, PHILIPPINES: Mama Cabe INDIA: Bombay, Calcutte
TPA SETTLEMENT Ingapor DUTCH EAST INDIES Bateria Soarzhaya,
WEST D'AND I NTRAL' AMERICAN BRINGES.
FEPUBLIC OF "AN A: Panamala REPUBLIC OF COLOMBIA: adelin, DOHN REPUBLIO : Saate Deminga, Bag
Pulso de Mauris, Bastiago. Perio Plat In diftin to our own Beaches, by pesten. of ont clover ftillation with
THE "ATIONALCITY B NK OF NEW YORK we are able to oder sie facilities of its branches Bahia, Burnos Aires, Carmana, Genoa Fiarom ontervice Mom Ford in de Tuott Ban Jan F. R. Lantingede tite Pantos, #D Palo Valparai
GEERTHAMTSTAND INDIVIDIT, LI
·HINESE DEPOSITORS NEOTTER D EVERY MODERN BANKING ERVICE
Comment! Travellers Letters of Zadia, le of Eseban and Cabe Trelew bongish and soRS' 1 ongkong Francis £; Queens' » Road Contzili
GERCE ZOGG., Manager,
THE
YOKOHAMA SPECIE BANK
LIMITED.
Established 1840. Authorised Cap tal Yen 48,040,000: Pa d-up Cipital 42.00 .000 Reserve Fund wine 24.300,000
Head Offca-YI KOHAMA.
Broche Me
Bomber
Woactats
Kai Tren
for £zed periode eg. ;
kong, 120 0