NOTICES-

THE RED HAND COMI OSITIONS LIMITED, LONDON.

Contrackers to the Admiralty, India Office, War Office, Crown Agents for the Colonies, &c.

"THE RED HAND BRAND."

Antifouling Compositions for Ships' Bottoms, "Antisive Paints, Ready mixed, for all purposes.

Supplies available from:

DODWELL & CO. LTD,

SOLE AGENTS.

Maltheid Roofing

BOLE AGENTS.—

BRADLEY & CO., LTD. (MACHINERY DEPT.).

QUEEN'S BUILDING, CHATER ROAD, HONGKONG.

THE STANDARD LIFE ASSURANCE CO.

New Scheme for Children's Early Endowment- Principal features: Small Premium, Liberal Surrender Value. Ko Medical Examination, Return of Premium in the Event of Death, and Numerous Options at the Age of 25, WRITE FOR PAMPHLET AND FULL PARTICULARS TO

DODWELL, &, CO., LTD. Agents.

THE HONGKONG ROPE MANUFACTURING **:

ESTABLISHED - 1883; MANUFACTURERS OF

PURE MANILA ROPE

3 STRAND

1 to 15"

QIRGŪMTZKEMUR

THE HONGKONG TELEGRA

in

this

CABLE LAID

5 to 15."

4 STRAND

3" to 10 CIRCUMFERENCE

4 CIRCUMFERENCE

02 Drilling Cables of any rise up to 3,000 feet in length. Priena, Samples and full particulars will be forwarded on application

SHEWAN TOMES & CO.

POMMERY & GRENO.

Champagne,

JOHN WALKER & SONS.

Scotch Whisky,

BOORD & SON.

London Gin,

Sole Agents, for China.

CALDBECK

MACGREGOR & CO Tel. No. 75 15 Queen's Rd.

HONGKONG JAPANESE MASSAGE ASSOCIATION.

Mr. A SUGA Mrs. S. HONDA 8 Queen's, Road Central.

Mr. U. SUGA Mr. L BONDA

Hongkong.

METALS

of all kinds, especially for ship- building and engineering works. Largest and best assorted stock in the Colony.

General Manageri.

NORTH BRITISH

AND

MERCANTILE INSURANCE CO.,

in which are vested the shares of THE OCEAN MARINE INSURANCE CO., LTD.

to

AND

THE RAILWAY PASSENGERS ASSURANCE CO.

The Undersigned AGENTS for the a bore Company are prepared ACCEPT RISKS against FIRE at Current Rates, SHEWAN, TOMES & CO. Agents.

GREEN ISLAND CEMENT COMPANY, LIMITED.

PORTLAND CEMENT.

In Casks of 375 lbs net In Baga of 250 lbs. net.

SHEWAN, TOMES & CO.

General Managers. Hongkong, 16th August, 1916.

MASSAGE HALL

23. FLOWER STREET. MR. T. TAKATE, MES. MORITA. CERTIFICA EL MASSEURS. "Patterns TaEATED IN Tires Own Hoca

-DF DHLED.

No office needed by them who own

CORONA

Come in and learn what

So will do for you. ALEX ROSS & CO., 4. Des Vaux Road Central

THE ROUBLE.

WILD SPECULATION

AT HARBIN.

lower

The

FURSDAY, MAY 8, 1919.

U.S. FOREIGN TRADE.

"SOME INTERESTING

DETAILS.

According to an official report just received by this paper from the United States Department of Commercs, (says the Commercial" and Financial World, of New York), our exports of merchandise for the month of January, 1919,-- footed up $622,913,673, as com pared with $504,797,308 in January of last year. For the j seven months ended January 31, 1919, our exports were $3,797,864,- 945, as compared with 83,450,282,- 067 for the corresponding period of the previous year

Furthermore, the excess of exports over imports for the per- iod ended on January 31 last was no less than $282,862,378

These are, indeed, tremendous figures, such as were wholly un- dreamed of even so, recantly as five years ago. 4

PREMO

NOTICES

CAMERA $1 50

ONLY

Kodak Catalogue Free on application

#

·A. TACK & CO. 28, Des Vorut Rd. Central.

THE CHINA PROVIDENT LOAN: AND MORTGAGE CO., LTD.

(Capital Paid op...$1,250,090.3

„Porn ynda in the Peor doză Breket...

TRUBIES, EXECUTOR OF WIDŁA. ALPOSKI, du, Dude:tahan and. Konidel Chudai and Partientes on kastieties Pro abe Dolos of

SHEWAN, TOMES & 00..

General Managers,

THE ALEXANDRA CAFE

RENOWNED THROUGHOUT THE EAST”

But there is abundant reason The Alexandra Cafe (next door to Hongkong

to believe that the future has "în

store for us still more magni. ficent totals: From all over the world there is an increasing de- mand for American merchandise of every conceivable character. and on every side one hears of new concerns that have entered the field in competition with Europe.

The repórter who writes this article is led into this train of thought through making soma study of the work that is being

whilst the Chinese discount them done by the powerful concern from 10 to 20 per cent.

FLUCTUATION TRACEABLE TO OMSE

notes.

of this disastrous

been

named in the above heading--the Paç fic Trading Corporation of America the headquarters of which are in the West Street Building, New York City.

The Omsk Government is much to blame for these fluctuations of Harbin, April 11.-There has the different note and boud issues, chartered under the laws of this This is a company which was been literally a panic in the for they have given the Chinese State in December last, with an Harbin money-market this week and others the opportunity to initial capitalization of $500,000, and with the wildest rumours:

speculate to their hearts content circulating, the wildest speculat at the expense of Russians. If and which was created to form Find of link ir B ing has taken place. The rouble, there had been a branch office which has been steadily falling of the State bank in Harbin, chain of already existing firms, which are especially strongly re- past much value during the

presented in the Straits Settle- month, collapsed, Kls.-10.30-being demanded for a gold Yen speculation would have

avoided, for not only would ments, Ceylon, India, the Dutch East Indies, the Philippines, being

rate private banks, Russian or other Australia, China and the principal than was prevalent at the end of wise, have been able to accept countries of Europe. In other 1917, when the Bolshevik more Siberian Government issues at words, the company will do an ment spread from Baikal to the Pacific. For a silver dollar Rig. Par in the past, but also the public import and export business all would have been accurately in- over the world. The officers 16.50 were obtainable, and Ris.formed what the Government had 23 for a Shanghai tael

the United States of goods which reason for this collapse is due to decided to do with the Kerensky expect to make heavy imparts to formerly only found their way the Omsk Government's decision As it is now, even local bankers here through foreign countries. to withdraw from circulation for are not clear on the part and This will be possible through a short period the Rls. 20 and have sent a joint telegram to the close affiliations already RIs. 40 Kerensky notes.

Omsk asking the Government

spoken of The company is This paper money, more resembl- to make clear the situation.

particularly favourably placed for ing battle labels than bank During the last two days the notes, is being manufactured in ronble has recovered somewhat supplying the needs of manu- facturers using raw materials enormous quantities by the Soviet Rs. 9.20 being asked for one yen, produced abroad, of which the authorities and actually finding but this quotation is for roubleliated concerns have long been its way into Siberia in

notes of other denomination than Besides increasing quantities.

the 20 and 40 rouble Kerensky extensive handlers. The same connection facilitates the sale in this, as these scraps of paper. less issue, whilst in the past Kerensky the same markets of American than 2 inches square, bear no

were accepted"

products. The company is chiefly serial numbers Dor any

interested in vegetable oil seeds, signatures, they are easily im-ordinary course. Now they are

at around 30 per cent. discount. crude rubber, spices and Colonial itated. Consequently, an enorm hente actually the rouble has produce generally. At the same ons number of forged Kerensky hardly recovered from its precip time it will undertake and is well notes are on the market, the latter

itate fall. being hardly distinguishable from

equipped to handle almost any other kind of merchandise. the genuine notes.

KERENSKY NOTES.

were

ever

notes

as an

The President of the company is Mr. C. C. Halling, who is a man of long experience in inter- national trade. The other gen- tlemen identified with the under- taking have also been prominent- rouble will greatlyly associated with international

trade for a number of years.

IMPORTANT COMPARISONS4

Both the Government and the Railway Commission Control must make efforts to get the At Fuchiation, the Chinese availabis exports both in Northern city near Harbin, native bankers Man eturia and Siberia down to and merchants have never taken Vladivostok for shipment abroad. blindly to these notes, and some Once this is in full swing there is were always at a discount from every probability that the value 10 to 20 per cent, compared with of the the Romanoff notes. As, how increase. ever, all Russian business houses accepted them as a token of ex- change, in Harbin itself It is interesting to compare Kerensky notes

at par fluctuations in exchange since the value both with Romanoff notes beginning of 1918. and the new Asiatic Bank! issue. According to the tele-January 1918-Wher graphic information given by the Bolsheviks occupied and Russian Telegraph Agency, the Transbaikal ·

Maritime provinces Government intends to begin withdrawing the notes. from May and export of pro- 1, and giving in exchange an duce from Man- equal proportion of its

churia prohibited by Government, notes and Govern the Allies

March. ment bonds. The Government in February to this manner hopes to get off the 1918 Embargo market within six months all!

on export lifted and the 20 and 40 rouble!

exports from Harbin Kerensky íssue.

the To.

to Vladivostok on the increase Chines mind all this, however,

בבדים

SINCON & - CO., LONDON DIRECTORY, is not clear, for they do not know

(Rstablished A

HING LUNG ST.

D.

1880.)

Phone 515

MEE CHEUNG ICE HOUSE STREET.

FOR

EXPERT PHOTOGRAPHY DEVELOPING, PRINTING. KILARGING A SPECIALITY. STORE OPPOSITE CITY HALL.

PIO

(Published Aanually} rumble' traders throughout the World te vanmunicate dirnet with Paglish

MANUFACTURERS & DEALERS

in each clam of goods. Besides being $- Bonsplate commerefa) guide to London and Hubarbs, It contains late

EXPORT MERCHANTS

rhin thể- gooda they ahip, and the Daldals and Foreign Markets they supply 1. also

PROVINCIAL TRADE NOTICKS leading Manufacturers, Merohania, ens., in the principal Provincial Town and In lustrial Centres of the United Kingdow Codiness Cards of Merchants and Denderen

BRITISH AGENCIES

ien 'now be printed under each trade fa who they are Enterostil at a post of EI for sach trade bending. Targ advertier- mental from £3 to KIZ S

+

copy of the directory will be sent by part

£m 21.10 0.

©THE-LONDON DIRECTORY, BOULTS

Yen.

4.90

It is learned by the reporter that the company is already doing &I extensive business. The export department, which is now being perfected, is making extensive and far- Ris. plans of an

pe- reacbing character. The culiarly advantageous position in which the company finds itself through its affiliations abroad facilitates the poineer work, as the name is already known and foreign marta. respected in 8.70 Prominent manufacturers have

already shown

their keen

interest in this new venture

and have granted exclusive

Hotel) for Tiffin and Dinner. Our famous filleted Haddock as a light Summer Snack is unsurpassed. Choice-Ginger Cake, a speciality, try it.

DRACON MOTOR CAR CO.

HEAD OFFICE & GARAGE—24 & 25 DES VŒUX RD., CBN. BRANCHES 137 PRAYA EAST & 26 NATHAN RD., KOWLOON.

SOLE AGENTS FOR:~-

"CHANDLER,"

HUDSON,

AND

33

ELGIN MOTOR CARS

OVERLAND

HARLEY DAVIDSON MOTOR CYCLES

AGENTS FOR STERLING TYRES

NEW CARS

& TYRES IN STOCK

WXLUIT OR->WKS

TEL. 482. BEST CARS IN THE COLONY TEL. 482.

FOR HIRE.

THE SIAM INDUSTRIES SYNDICATE TOILET AND WASHING SOAP

Samples & Prices on Application" to

FOOK LEE & CO.

Phone 174 & 1950.

Sole Agenta.

M. Y. SAN & Co., Ltd.

HONGKONG.

HIGH CLASS CONFECTIONERS

AND

BISCUIT MANUFACTURERS,

Well known for best Materials, up to-date Machinery and Cleanest Work in the Orient.

HEAD OFFICE:

Nos. 98-100 Queen's Road, Central. FACTORY:

Nos. 141-145, Wanchai Road.

Branches at M-aña, Singapore, Shanghai and

Canton, China.

foreign selling rights for the JARDINE, MATHESON & CO., LTD.

products. The export department

17.10 plans to handle as specialties a varied range of goods, comprising foodstuffs, canned goods,, TEW chemicals, dyestuffs. metals, automobiles, trucks, tractors and their accessories; electrical goods, machinery, etc.

15.50 -6.10

1918- what kind of notes and bonds will April-May be given in exchange, and when

Ninety cars avail- they will appear and whether they

able daily from Har- will be acceptable on the open bin to Vladivostok market. The consequence is, for export Chinese banks now rofuse to

The encouraging reception receive Kerensky notes, whilst Since July, owing to various accorded, to this new-comer in in the open market they are reasons, but few cars bave been local commercial circles gives quoted at from 20 to 40 perAvailable for export cargo and the forth every promise of a very cent. discount, as compared with price of ioubles has gradually successful future.

the new Russo-Asiatic Bank fallen to present level.-N. C. issue, or the RIs. 250 and Ris. Daily News.

1,000 notes, which though known→

as Kerensky issue, are well print-

ed, of ordinary size and bearing:

serial numbers. Siberian, notes

A VIOLENT ŠTURM.

which have been quoted at from In a violent storm which visited

A further fact, worthy of special note in this place, is that the company plans to purchase steamers for its trading. Á marine expert is now in the New York office looking over the

12 to 20 per cent discount in the northern coasts of the tonnage offerings, and it is prob Hathin, though of par value once Hokkaido on the night of the able that important transactions the Manchurian frontier is cross 12th ultimo, 20 fishing boats were will shortly follow.

ENGINEERS & LAUNCH BUILDERS. MARINE MOTORS OF ALL POWERS IN STOCK. Works:-Pootung, Shanghai.

Sole Agencies:-Sterling & Evinrude Motora.

"EWO!! Motors.

Associated (British Machine Tool

Kakers Ltd.

A.B.C. Boller Enamel Rexiné Ltd, (Leather-eloth) Edgar Allen & Co., Ltd., (Tool Steels &c.)

merchant who is interested #export or import trade.

ed, have now become more popu wrecked near Otaru, while one The company is very strong There is no doubt but lar and in Enssian circles accepted steamer stranded at Sutau. Twen from financial point of view Facific Trading Com in limited quantities at par, as ty-four fishermen are reported and is prepared to furnish America is destined more or less of a speculation, missing.

references that will satisfy any commanding position

il

Sarco"Steam Traps, Temper.

Regulators &c. !,

Linotype & Machinery!Ltd. Paisometer Engineering Co., Ltd. T. & With Ltd (Wire Ropes). Imperial Light Lidk

in

tion with the future deve

of the foreig

the

United:

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