1916-05-06 — Page 4

Brown Branty

WATSON'S

FINEST OLD

BROWN

BRANDY

E

QUALITY.

25 YEARS IN WOOD:

A.S. WATSON & Co., Ltd.,

WINE & SPIRIT MERCHANTS..

HONGKONG. Telephone No. 816

WM. POWELL, LTD.

Telephone 346.

GENTLEMEN'S

SUMMER

UNDERWEAR

OF THE COOLEST MAKES

"B.V.D."

" ÆRTEX"

OR

“FLEXÌNET”

ARE THE BEST.

ALSO IN

INDIA GAUZE

AND

WOOL and COTTON..

INSPECTION INVITED

THE DIARY.

MENO. FOR TO-MORROW. HD-Excursion to Macao by

Trisban".

General Memoranda.

i.

Tuesday, May, B

LM, the King's Procianiation Day. 230 pa-Auction

The China Shail.

THE CHINA MAIL.

greatly weakoned forces of the enemy

the sooner will the war come to an

COMPANY MEETING."

end in the only way they are prepared THE INDO-CHINA CO., LIMITED. to see it ended-that is to say bya' final and complete triumph over the Teuton combinati 12

NEWS OF THE DAY.

LOCAL AND GENERAL.

for Sham Shui Pa

quotations teglay from yesterday, "

SATURDAY, MAY 8, 1916.

decline and the market was quiet until coma to a standstill and there is a gene for the conveyance of such coolies? For well into November. The closing weeks ral falling off of trade on various lines how long has sosh practica in regard to of 1915, however, indicated a marked | more especially in the Northa This the conveyance of such coolies been ent improvement, the tonnage available sudden and drastic change in conditions

and rates

being insufficient to meet the demand is almost needless to explain, it direction by the on, wat Masagora?

asin assumed an upwardly caused by the ever-recurring political Reply-The gas amount charged for SHAREHOLDERS OPPOSITION AT tendency. During the your the vessels upheaval in China which has once more Chiness Passengers to the Straite is si

GENERAL MEETING,

on the regular Southern rans secured shattered, the 'rony prospects of local prosens $20 par head, from which has to satisfactory support and rates of freight shipping concerns, and unless some reass be deducted by ounts per bead for ¿were increased as eunsidered advisable.. suring facto

give cuddlence to native

shareholder's in the Tulo-Chinn Steam

4

the

4:

In

loave

Loopgang This

Question: No. With regard to the contract entered into with the Hongkong and Whampoa Dock Company

The 13th ordinary meeting of the ben opt in a good state of repair, but Merchants, we regret it is only possible per bead to the Boarding Hours Keepers. Ay reward the, fleet our vessels have such as will appear upon the horizon Government Licensed · Broker and 52:50 “

Navigation Co. Lul, which was held during the favourable months of the to contempiste a period of inactivity for food during the voyage and `ja coter, “

year when freights becoming more than with realting, lower carr

earnings

Native Brokerage, chis morning at the offics of the General

onlinarity reminerativo the time

You will notice that income tax will! No employee of the General Maragers Managers, Messrs Jurtline, Matheson & of overhauls way reduced to a be deducted from the preference dividend Co. Ltd. was the liveliest ever known in minimum and the matter will be both here and in London. The directors receives any comission or profita for the annals of the company. Share referred to again in my remarks on are advised that it is necessary for this Tares paid. We have no data with raghint holders were presente me and the statement of accounts. It is only deduction to be hade as otherwise the to how long the present system bus. been numerus questions were directed to the right to mention that we have now in preference shareholders would share in in vogue; it is of long standing and Mr. R. E. Luxiseli has been appointed chair for additional information on mid ter vessels, which may be the prole of the company for the past probably extends over 20 years or more. to act as Assistant, Postmaster General, certain aspects of the company. The the past their period of usefulness year to a greater extent than they are

} were we in the normal tirnes,

Quadba: da, B-In or about 'tho Owing entitled to under the Company's Articles. mecting was held two hours, carlier however to the present discuity of pur-We are advised by counsel that we are you: 1914 did the Company have awarded thun such ametings generally are. It chasing or contracting for up-to-date not liable to assessment for Income Tax to it the sum of $3,700, or some other. Lance Sergeant W. Speur lus bern was known that the Hon. Mr. Wtennage the steamers in

are hereafter. ing used to the best advantage.

In conclusion, Gentlemen, you are all

and what, aum, by the Hongkong Govura- appointed to be a Sanitary Inspectorį landale, the Chairman of Director, haturse of time, however; ie, a on aware that 87 the present time serious ment in connection with the science of

intended to leave at mid-day by 3. opportunity of replacement permits, disagreement exists between the Comorie opisas on the Loong Sabe 1 IT-ayo-mars for Shanghai..

The Hon. Mr. David Landale presïded vessels and financial provision from time and some of its Boating staff. You Was such sum of money credited to the

they should be substituted by modern Mr. W. Brown has been appointed and others present were:-The Hon. to time made with this end in view.

will

appeciate that the present strained company in Account or was it credited relations preclude of my making to the General Managers in Acenuna? Temporary 2nd Lieutenant in the Sir P. Chater, C.M.G., Sir Robert Ho Turning to the accounts there are one any very full public announcement où

Reply-An amount of $1,243.50 was Engineer Company," H.K.V.C

Tung, 3. H. P. White Me JW. C. or two items I should like to refer to In the position; it is considered, however, Bonar directory) Mr. R. Sutherland the first place you will notice in the re-only right and proper that such in- received from the flovernment as part Messrs Masco and Taylor adviseretary) Mr. H. W. Looker (legu vee account an item of £10,660 formation should be afford to share value of 'Opium sized on board the B

being amount of compensation to Lon-holders as will not prejudice the Cosmoensang," po

China as that there are no changes in havisery thr for H. F. Pullock, K.C., don directors auditors, secretary at Guild claims recognition from the sum does nos belong to the Company of

pany's case. Briefly speaking the Messra H. Humphreys, C. E. Anton, E. staff. For the benefit of present

Auett, C. Woodheul, B. D. F. Beith, would explain that sneh amounts of principal Court Companies, also demands to the General Managers, bús is being in A. C. Davison, D. MeMurray, A. E compensation and gratuities were un-for its members substantial increases the meantime held by them. Its ulti-

concessions mate disposal will be a matter of con It is notiek in the Germen Cappell. Croucher, K. Longmire, animously recommended by a number of pay, further

1. B. Bartul. U. 3. Shaw, de de-of London Shareholders at the Ex- and a Pension Scheme. It would appear sideration, but none of ip will be received Gazette that the Colonial Auxiliary Cabbin, J. H. Bowker, N. Melntyre, Fluat and which are ecfmequently em- the Guild is the chief grievance and we by the Genoral Managers..

traordinary Meeting of 20th December that the Company's refusal to deal with Forces Officer Decoration Hus weW, Logan, D. Haskell, B. Basto, bodied in the statement of accounts for are, under present conditions, unable to Hosesong, Saturday, May 6, 1915. granted of Captain J. H. W. Arukering AB. Low, F. Smyth, P. Todd. W. G. 1915. In connection with the retiring concede. Possibly some way out of the Worcester, f. C. Moxon, P. C. Puttal, Directions, the recommendation was as present deadlock on this point may be | Hongking Volunteer Corps,

IN, H. S. Mody, N.L. N. Railton, J. S. [fallowama the Shareholders desire to that everything possible will be done in E for the construction of two cost-

arrived at and you may rent nagurud Perry, J. EL Mody, C. C.. Stark, R. E

place un record their great apprecia- the matter compatible with the general ingressols," when was the contract made. Beswick, J. Rodger, C. C. Boyd, T. A. McDougall E 4. M. Williams, C

“tion of the services rendered by each welfare of the Company

for each of them, what is the amount of 3ember of the London Board and as As regards the conditions of our ser the contract-price-for-each of them, and Lunchlin, Grist, A. Beaumount, amark of their appreciation hereby vice, this is a matter which we are at all what commission or remuneration is or vote the sum of £3,300-s a special times willing to discuss with our methwill be payable to the General Managers W. Walker, A. "B. Stewart, H. F. Stone

honorarium on their retirement to and it is perhaps desirable to add that ham. I. WTaylor, AP Leite, F. J. V. Ribeiro, L., N. Leefe, W. G. be divided amongst them pro ratageneral view of what has transpired by the Company, and when, upor kach Darby, RH. Rolle, J. Patterson,

"according to length of service", the past shews that when the Company of such contracts ? Furthermore is the alwners of cargoes in Ceraf skips. Fa F. X. V. Ribeiro, C. S

my here mention that Mr. Henry has been in a position to meet a large Dock Company paying any Commission Furgnes wates whether in Remedios, . M.G. Feriery, 1. M. Rucha Keswick and Mr. L. H. Foss did not financial outlay to the staff, miditional la respecs of the two steamers or either

have been granted.. It inust participate in his honorarium. The nised that there Invenent will begin was no doubt frape or elsewhere, are repared to C. A. dh Rozi, F. M. G. Ozorio, P: M. N. balance of the amount of £10,665 28. 6d. I be :

limit to of them to Messrs. Jardins, Matheson & (such company apply inmeiliately to the Phwurator of a Silva. O. F. Ribeiro, ... D. M. Sons, is made up as follows

charges, and con

comparisons Co., Ltd., or to any representativo of lefinitely settl-- at the Conference in the Republic for the district concerned.

A. A. C. da Silva, A. B. M. Silva, I To Mr. A. G. Wells, the former Seere with other companies operating in theirs, and if so, to whom?" Paris, and while nothing of great, |

Baptista, J. Alves Ho Fook, Letry, who was a very old servant of various parts of the world serve non- Cheung Ip. Wor

Fong al sang, Ho Inthe Company, the costs of an annuity of purpose of hot fur tosted in August 1913. The price versa favour. moment, except the long-drawabout

£300 per annum

26.738-9-6 great regret felt at some of our Mr. Dennau Filler will give an Ho Kean Tong, He Kwong, Lo Chang battle of Verdun has been yet reported, Orgail feritat in te lehn's Cathedral Shin, Chan Chan Nam, leo. Houg Tew.

able one which it is not in the interests astic and ill-considered movement. In ct the Company to disclose. Ho Shai Kit, Ho Wing Iau Tak Po. we may be sure that on all fronts on Monday May 1th at 3.30 p.m. in a fa Chung, and Chang fu Ting the remaining amount of some 200 re for such proceedings, but at a enital the General Managers 24 per cent. cor

"Ro-0-0 times of peace there would be little excuse

The Diractors in London agreed to pay critical ceaseless preparations have been in jail of the general expenses of the shareholders.

presenting compensation to the other time like the present, when every British mission on the cost, payable as the instal progress for some time for the coming Cathedral"?? The soloist will be Mrs, W.

members of the London Office staff in ship and every British seamun is an the form of one year's salary

asset to the Nation, and when it is only mente for the ships are paid. This rate Great Push. Now and then we have R. Walker who luas been henerf bat

The amount of depreciation written by the closest operation of all parties of commission is in accordanca, wilk a a "repart from" the, Aussian front rarely in Hongkong.

does not call for say comment, this that the commercial side of the War can long-standing arrangement. which suggests that much steady and-

being the sum which requires to be robe maintained is the of the War can A revised map of the Peaks and

drawn up by experts tie years ago and can only be described as deplorable.

under a depreciation scheme ntonetary benefit the present situation satisfactory work is wing done by Lower Levels has just been" put "On the

meets the requirements of audi- the Russians along the long line from market by Miss Massey. Since the

QUESTIONS AND ANSWERS. -- Riga to Bukhovina, though the tele-production of her last map in 1909 there grams from Petrograd love bern has been so many changes and additions practically confined to reporting the that there can be a question of the More dramatic successor of the new for a new map Miss Massey's Russians in Amr ni For ne

new map which is printed in colours, is

THE WAR

ד

"Among the who it by the Tengo Mars day were the flon Mr sired," Mrs." 12." Fonkaje, Me and Mrs Wir the beginning of May heräkl-Montague Elite, Mr. and Mrs F. ring the advent of good weather in Booker, anől. Mr. and Mrs David Wood

Europe, the time for commencing the

great offensive must be drawing very near. The date when this concerted

ין

CHATMAN'S ADDRESS.

I

That

...

is a

To it. Fastman in fo 315-00 employees, lending their aid to this

off

THE notice

MYEL

This is the first occasion of which the tors and of the debenture,trustees,

Reply. The contract was entered inter

The Dock Company tro paying no com mission to Messrs. Jardine, Matheson & Co., Ltd.; or any representative of Messrs. Jardine, Matheson & Co., Ltd.

considerable time. past there has a great improvement in every way on the action taken will undoubtedly prove the result that certain work which Navigation Company (hereinafter referred Ret think it is in the interests of the

The CatareMAN in his spouch saidi :- Gentlemen, The Report and ment of Accounts hasten State has for some days I trust I amy with your approval take same as read.. General Meeting of the Company has The £10,000 reservedì for Repairs and been held in Hongkong, and as you are Renewals is to cover extra work which

of questions had been sub- Question: No. 3. Has the ss. "Lien all no doubt fully cognisant of the pro-will certainly have to be done to the mitted to the Directors and replies were Shine" been sold, and, if so, when, and seedings, which took place in London steumera when opportunity permits.

made to them as follows :---

at what price? What was her book-valug on the 13th and 28th December last in have already explained that in the

at the date of rale? connection with the transfer of the interests of shareholders every effort Question: No. 1-Why was the pri Janagement to Hongkong, it is has been made to take the fullest ad sent Meeting of the Indo-China Steamy-This is a question which I do necessary for me to say te than that vantage of the high freights ruling, with of considerable benefit to the Company ordinary times would have been doen as: the Company) held at such short Company I should answer, but I am willing to give my information to any alkowing as it does of anore

has been postponed, and to provide for notice?.. 4tlement of questions of

this it is

is thought desirable t to make the Question Yo-Why was not longer Shareholders who like to call at the office. Cuation: No. 9-With regard to the accounte the very lurge Allied forces which hyrollers, on lines to be folded and on Fore information of Shareholders provision shewn in

petice girch before closing the Trausler the

These who have followed the historyka of the Company" proceedings as the

item in the Accounts of £34,404-2-1 this time must have assembled in paper The prins mange from 3 to genes a copyet

two Es rariinary Meetingaj just referrect

of the $3.50 and the map is ultainable at the tore upon the table, The change. Fastering curing perting in

Reply. I think I have explained fully Pearing on the Asset vide the region of Salonika. A week or

watere

Krist

bulance sheet, under the heading of hay

crubled various outstanding fully aware of the fact that owing, in any speech with regard to the necessity

Addition to dd steamers and pay- more agu the veil was lifted a little,

points o

long duration relating to the sudden and most unexpected fluctuations for holding this Meeting to-day sad the meats on secont of new ones building arrangert between, the Company and of trade regular percentages of earnings short notice of closing the Books, by a report that the Greek Govern.

the General Managers to be personally on Capital are more the

the exception ment was opposing the transport of

discussed between the Directors and the th

Question: No. 2-How much have the the rule. By this I in tenersi Masegers inade out of the Com the reorganised Serbian Army over

General Managers with a view to arriving

good year masy !) At a definite understanding on what satisfactory profits, lean years

pay for each of the years 1920 to 1915 have been outstanding points for a um with persistent regularity, when the Greek railways. We presumo the

hen by: incisive ber of years.

been 2 complete absence the map. It is precised in three news in the cables regarding the forms-on

fine with

luval, books-lers.

tenkwoort

A HANDSOME DONATION,

H

The Hon. Treasurer of the

Ale

of

AL

years are

low

of circumstances inroads have to be ma

reserves built up during prosperou

obstacle has been overcome in a Memorial an! Affiliated Hospitals begs | I regret, Gentlemer, that in order to into dividends are to be kept regular.

hold

Meeting to day it was necessary times

notice. This was due to a variety of

▼

(n) in Commissions,

(b) In profits on contracts, entered into on behalf of the Company?

times in 1908 1903, 1900 to 1911, our items of account wore such Commissions

charged?

manner satisfactory to,, the Allies, to acknowledge with thanks a donation or more would have been heart of of 84,000 to the Extension Fund of the to close our Transfer Books at very short This company has gone through the same the matter. On the western frunterhersole Hospital per Mr Chau Sites; in the first place we are very experiences others and during the bad. At what rate per cent and on what the most dramatic event of the yuri at Mr. Chan Kang Ubeing has been the defeat of the important;

proceeds if Chinese Entertaintments.

German offensive at Verdun, · Altr three months of determined effort

What authority do the General Man pers claim to have for charging such Commissions?

Reply. This question does not refer to

what is

(s) the amount expended on the old

atcomers, and

(b) the amount paid on secount of the

-new steamers Doi building? What remuneration (if any) bayo the General Managers had, for themselves ou the amount expended or obl, steamers?

Reply-The amount expended'in ökl steambers, was 4900 8., being Cabin Arerminadation to the sa. Hinang," The amount spent on accours of new steazura now building equal 21,101-12-0.

The balance of £1,19-2-1 is made up

as follows:

hurt-handed in our Back Office owing reserves, were called upon, and in the to the absence of number of our staff case of the general reserves, entirely who are in Europe fighting for their wiped out. In 1901 the general reserve Country and it has not been an easy. was £70,000; in 1901, £700,000; 1909, mutterowing to the transfer of the Books £100,000; 1903, £100,000; 1904 £120,000

1907. from London to prepare the Accounts 1905 £120,000; 1908, £60,000 of Purniture, in which Germany has sacrificed not THE CHINA-BORNEO CO.,LTD. or presentation to you. In fact I hind 210,000; 1906, the accoun: had been the Accounts now before the Meeting with

almust given up hope of holding the entirely wiped out.

The underwriters' Meeting to-day until the end nat week, when having obtained the informs figures were: 1900£208,101; 1901, the exception of the year 1915.

We were appointed General Managers. £232,000; 1902, £240,000; 1904, £247,000 tion we required from London we found 1905, £280,000; 1908, £270,000: 1907 of the Company is pursuance of the ourselves in a position to complete the £240,000; 1908, £148,000 1903, £138,000 Company's Memorandum of Association. Bccounts. In view of the unfortunate 1910, £114,000; 1911, 204,000; 1912, differences which exist between the £30,000 1913, £51,000; 1914, £89,000 Wa lava an Agreement with the Company Floating Stall and the Management, to You will no doubt agree that in which was entered into on the formation of the Company by which our elergen, are ANZOUR. leave today for Shanghai in is of the

the greatest possible. rder

I to be on the

where the and apot

sound policy, to once again $59.961egotiations were going on. Brokers foster our fands for the rainy days they are made. We have waived our

had been specially warned that the which will undoubtedly be experienced nutriber of years but their reinstate The General Managers have received no

rights to some extent to ocrtain charyes Books would close aliortly and had on the termination of the War.

Carpets, Pianos etc., etc. as Messrs, less than 300,000 men, we find the Ighes and Hough's.

French not merely holding, their own SATURDAY, May 13:—

but acting now on the offensive and Starecovering lost ground to an extent

Dog and Cat Show at Grand Race Course, Happy Valley.

WEDGESDAY, May 17 :

Noon Mesting of Creditors of the

Tung Kec and Wing Kee Firm.

10.11 p-Fall Mo

FRIDAY, May 10:-

The Report of this Company is as follows:- The Palance at the credit of

Profit and Loss Actuant is: &.61 Fumilis has tube deducted; -

that is waking, the German position Fees to Consulting Committee... 4,000,09 which I will refer later, I was very the light of previous regulated and in accordance with which

Precarious. The reported evacuation of Metz by the civilian population is La very siguificant item of news, coming as it does on, what must

Noon- Cantou Insee. Other Extra- be the eve of the Allies' genera!

ordinary Meetings,

ATURDAY, May 20 game

ing

Leasing asailable for appro-

priation

The Consulting Committee) resented that a dividend of 7 cunts per share on the Subscribed Capitai be panicl

Shareholders

anci

Write of Larocher

Lighters

Write off Hongkang Saw Mills

་

Sandakan Saw Mills That ........ Write off Sandakan Engine

Works Write off Timber, Concessions Furniture ft.. Curry forward

tr

4,000.90

in future.

ཧཱུྃ།

$1,000.00

500.00

offensive. On the British front na big effort has been made for wasy Noou. - Hongkong Electrie Co's, months, but all the Spring the Army in France has been growing greatly in Meeting

numbers, and the line field by the MONDAY, May 23:

11:30 2-China-Bornes Co's Meet British has been considerably ex- tended, relieving French troops for the strengthening of other parts of the line. Russia also appears to

In accordance with the Articles of have sent quite a large force to Association fr 3. W. Bounur retires VISITING CARDS France. There can be no doubt that offers himself for re-election.

from the Consulting Committee but Auditor:-The accounts under review the position of the Allies is immeasur-have been audited by Mr G. E. Brown, |ably better to-day than it was at the who offers himself for re-election. (beginning of the year, but the resort-

W. G. LARRY General Manager-

PRINTED AT China" Mail' Office,

to Compulsory Military Service in

Great Britain la procf that in the

CHINA MAIL

J

opinion of the Military Authorities.

LTE-3-19 on account of a liver steumar contracted for at home and requisi- tiosed by the Admirnity; 361-2/- for the purchase of Tug and Lighters for the Tangazo service. £3,830-19/- for additions. Hulks 'na

the Yangtste. £670-16-8 being the purchase priso of an Engineer-Sperintendent's launch at Hongkong, 2****

Sir Edward Beauchamp, . E. Cousins,

mentioned the fact in their Circular, In recommending the appropriation ment is now under consideration. Out remuneration in connection with anots We had also been particularly asked of Funds de set forth in the Report, of the Commissie we are entitled to expended on old stearstre. --

close the transfer books your Directors had several very import charge we pay all establishment charges Question No. 10-Hage any Dire until after the April settlement ant factors to consider and while it is a 10,000,00

apologize for the inconvenience which matter of regret that the distribation of and was is left to un is a matter with tors fees been paid or are any such fets 6,000,00 it has caused shareholders and there Funds does nut apparently meet with which we plone une conerned. 700.00 will be no difficulty in giving long notice the approval of some of the share-

Question? No. What contracts have proposed to be puid, and. 17. so, to what amount, to the Head of Memes, Jardine, bolders, I have no hesitation in saying the General Managers made our behalf of Matheson & Co. Luiz in Hongkong, in Before pasming on to

to the

statement of that for reasons hereafter expressed, the the Company with regard to coal supplies addition to the stars of compensation to

# 1,000,00 accounts a brief resume of trade condi recommendation set forth unqucation

tions which prevailed throughout the ably in the very best interests of this for 1916, hd are such contracts made in London Directors, jud to the end of 21,384.61 year under review will no doubt company as a whole.

the name of the Company or of the 31stheson & Co. Ltd in London ? How prove of interest. Business in the North As you are well aware, the great uncer General Managers? Do the General much did such share amount, ta?" opened under normal conditions and tainty of what is to be contemplated in Managers receive any commission or $68.50.51 whilst prospects for the Company's the way of Home, Government taxation

Reply-The buf2,300 War vessels on the regular lines appeared to is an embarrassing feature in all Com profit, and, if so, at whas rate, in respect. be favourable owing to the limited panies registered in the United King of the contracts for such ccal? How divided among the following Directors amount of tonnage operating, there was dom-the ever-changing conditions of much baya the General Managers made Mr. W. Fisher and Mr. P. Simpson little-indication during the first six the Finance Acts preclude any de for themselves on coal contracts of the months that business would improve to any very appreciable extent. Fair busi- demands. One thing however appears 1815 inclus.se

finite provision being made for future Company for each to the rears 1010 to No representative of either Mosers. Jar

dine. Zatboson de Co Ltd, or Mose news was, however, maintained, despite certain and that is that 80 long as wer

Matheson & Co Ltd, participated its Reply-None. The Company contracts the political unrest prevailing and the continues so, we shall have to contribute

this honorariums k ancertainty as to the future. The increasing amount to the financial with testre. Jardine, Mathosa & Co Buteren.

crops were exceptionally good requirements of the Empire AE Lid, as al merchants for their supply Questions: No. 1-What is the esti and accounted for satisfactory businem In addition to the foregoing we cannot of coal. The result of these contracts tomated pet profs of the Company from

1st Fanuary 2003 April, 1916, on being done in the chattering trade from close our eyes to the growing demand Mrs. Jardino, Matheson & Co., Ltd. of the Government for commercial vehnels Hankow and Wahu to the soath.”

In striking contrasts to the conditions for uses transports, callers de Unfor whether a loss or a profit, is the busines

(b), the sale of steamers ha prevailing in Home waters, the southern tunately it is not desirable in the present of fears, Jardine, Matheson & Co, Ltd

e quite impossible for us market at the commencement of the circumstances to go too fully into all and not of the Company. The Contract |

wak: in E very depressed station that has recently transpired in this con for 1915 was fixed by the Directors in to give an estimate of the teft, profit to evidence and competition from outside that the demands of the authorities

Mr. Belloc, the statistician, shows we seed to be stronger yet to sure that the total of the German losses speedy and foul triumph over the given as 650,000 killed at the end of 1916, is below the truth. He gives reasons for

dead, and that the

(a) the working of steamers;

OVERLAND EDITION. combination of Powers which plunged estimating that the true figure in more little enquiry faz imanage being innection Bufic it to my wees Landon on behalf of the Company: We 30tis. April, 1910. The Books, have only Europe into this terrible war. - "A man lossestled, wounded and raising teamers being severe Chartering rates have been a great source of anxiety to make, no profit on any contracts we make just bood slosed to 1st Dedomber. Our

Great Britain is to an important must have amounted to 4,000,000

the end of last year extent the source on which the Allia

men:&t

ALWAYS RECOMMEND IT.

THE BEST WEEKLY NEWS PAPER FOR ALL INTERESTED depend for war material and the IN HONGKONG AND CHINA Canacial inewe of war, the necessity for keeping trade and commerce GENERALLY.

going to the utmost extent is manifest and the Government can only have

Urted to compulsory

because it

ORDER IT BEFORE GOING HOME AND THUS AFER IN COLORE-- TOUCH WITH TOB

COLONY

T during January and February were your director and while we have no on behalf of the Company consequently on a low level, but im-desire to shirk our dua proportion Quentin No. 6.-Wast amount per proved after the New Year holidays, the Fational burden, still be head is the Company now charging for During the spring months several well exceptional circumstances governing mown vessels employed in the general some of our lines justified very full the conveyance of Chiose ecolies to the chartering trade were withdrawn from representations being made to the Straits Settlements 7 what is the amount the market, being attracted by the Government for partial exemption. So almoet every community thera is better rated offering in Home Waters, Sar, matters have been slowed to reat, paid for the passage of such

Who recaivas the differanza secween the some any whose life has been saved and the resulting scarcity of tonnage but what the future has in store for us by Chamberlain's Colic, Cholers, and adsud a general seront in charter is to rented by factors of which we have snoubt charged by the Company sad the Farrlioen Hamedy: Buch persons seldom business. Rates advanced rapidly ducing knowledge the outlook, however, snout paid for the page, and why is an opportunity to recommend it, the summer season, la considerable cazinot by any means be regarded as Do the General Managers and/or do

6fths that and there recommendations and its never amount of penas being taken up on aidactory

anybody in the employment exers falling fun files accomack Legend trip and une charter Banca While the first months of this ye

agoval Managers receito any samum strength, apaluat the popelenty for alle ball Chemists Honed brisk until the Autumn when should show very satisfactory resu

Heary stocks of rice caused rate to chartering business has sow more

Shanghat Firms have wired to us that thờ prefit for January on the worlding of the Continued ni bage 6.)

A GOOD RULE FOR THE HOME

MAKE «rais otyofr home to alway

keen on handia bottle of Iain's Colic, Cholera Reinedly ada asferir

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