1918-10-25 — Page 7

FRIDAY, OCTOBER 25, 1918.

SHIPPING

P. & O. S. N. CO.

ROYAL MAIL SERVICE

UNDER CONTRACT, WITH HIS MAJESTYS GOVERNMENT TO

MARSEILLES AND

SHORTAGE OF GOLD.

THE CHINA MAIL.

ECONOMIC CRISIS THREATENED.

otherwise necessary to redeem entstand.. Ing paper credits. This course, radicat, to say the least, would have a disastrous effect upon al vredits and especially reaf feet upon the high cost of Hring, which, in all probability, would climb to limits

INTIMATIONS

[FROM THE NEW YORK HALAL.] beyond the rich of the average cita. MITSUBISHI SHOJI

With the Frited Stated in possession of more gold that any nation ever owned ab ona,time in the history of the world. it neverthelem is the opinion of lending | ·

LONDON,omists, and financiers that it will go

TAKTO PASSINGERS AND CARGO TO STRAITS, GOLOMBO, INDIA, AUSTRALASIA, EGYPT, "&c.

Seamore

to

Colombo

LESTO Hongkong Noon

Connecting Mail Steamer from .Colombo.

Due Marseilles

Duo Londen

necessary to sacrées this country' guld boldings still further to meet the dequands which will be made upon the United States, the world's banker, after the war. Leading donomists of the world are beginning to realize, too, that the great credit-system: essential to the "finanem relasigns of nations and upon which the billions of war debt have been based in Accommodation in this connecting Steamer from COLOMBO is definitely reserved in atas disaster, it some method is not in danger of collars, bringing world

When Passengers change Steamers at ODI OMBO

Hongkong at the time of Booking.....

On the Australian Route Tickets Interchangeable with Orient Line.

SAILINGS DIRECT TO

SHANGHAI, MOJI, KOBE AND

YOKOHAMA

8. A

Lara Hongkong About.

Pasongere may travel by Railway in Japan bersen Porta of Okil free of charge.

INTERMEDIATE STEAMERS (Non-

Trapshipment) IN ADDITION TO THE ABOVE MAIL STEAMERS,

WILL LEAVE DIRECT FOR

MARSEILLES AND LONDON, Dalling at SINGAPORE, FORT SWETTENHAM, PERANG, COLOMBO AND PORT SAID.

JARRYING IT AND 2ND RALOON PASSENGERS AT REDUCED RATES.

THE

སྐ ཀྱི ས ས ས ས ས ས ས ས ས ས ག པ ག ག ག ག ས

ProFoRED BALLINAUT

Leave

B'ZORG

aboná

L'ave S'7023 abczk

Due. at M'SEILLES

if calling

About

Dud LONDON About

INTERMEDIATE SERVICE IS TEMPORARILY, SUSPENDED.

WIRELESS TELEGRAPHY FITTED ON ALL STEAMERS.

All Cabins are flited with Electric Fans free of charge and each Berth Farnished with an Electric Reading Lamp.

Owing to the War in Europe Stendiers and Sailing data are liable to be cancelled or altered without potion..

NOTICE TO CONSIGNEES. Consignees are reminded of the necessity to apply to the Company's Agents sugarding arrival of consignments expected of which they have received documents. o adviso

Any damaged packages must be left in the Godowns for examination by tize Consignises and the Company's Surveyors Messrs Godundan l Douglas, at 10a.m. on Mondays and Thursdays. All claims must be prend within ten days of the #teamer's arrival here, after which date they cannot be recognised. No Claims will be admitted after the goods have left the Godowns.

For Further Information, Fassign. Fares, Freights, Handbooks, Dates of Sallings

P. L. ENIGHT,

Acting Superintendent.

-sto-, apply to.

NIPPON YUSEN

KAISHA.

(JAPAN MAIL 8.9. 00)

SÄILINGS FROM HONGKONG SUBJECT TO ALTERATION. DESTINATION

STEAMER & DISPLACEMENT

Shanghai, Kobe & Kaga Maru,

* Yokohama Mira, Yokohama Nagasaki, Koba &s.;

Yokohama

-

SAILING DATEN A

Increasing the raind of wild or giving.

premium does not evosarily give it a hand, in the Bral adjustment riously higher purchasing power, dat, on the other disrupts the basis of interstions? credit.

be faced with a period of great

When pouca comes all the world will.

and industrial uncertainty, and to pasis will need all the statestauship civile. through it successfully will:be a task that tion can muster. Ta incrciao this w.. certainty by tampering with the standard of international payment, would be an extraordinasi futile means of handling the situatkan und would only make the coolusiour worse confounded.

KAISHA, LTD. (Mitsubishi Trading Co.) GOAL, GENERAL IMPORTS sud

HOJO

EXPORTS.

SOLE PROPRIETORS OF

MASUTA. BAT JHINNEŃ KAMITAMADE? and OYUBART CHAT. HOUS

„ÁSKOJ FOR SAKTIO COAT,

Head OfficeTOKYO,

Branches and

TRGEN FILE DISCUSSION,

while the vizustion is tranght with a gren fouucial and commercial,to-pistrow und "We are at the dawn of bigger

found quickly to check the slump in geht many culties because there are no production and to encourage the goldwedents for as to folloy, we must face winers to produce every once possible.conditions as they exist, and through de Represen

Therefore it is muldered of vast imenis and free discussion arrive at porreare that the production of the ye

practical and sound solution."

At he conference in Rend it

Kupe, Kobe Osaka.. Taurues, Nas low metal be encouraged to the fullest solved that, of all the various mayura Tokohama, Tokyo, Hakodate extent, and yet reports from the got which have been suggested, the follows Otaru, Vladivostock, Paking producing regions of California and sing will be most effective in maintaining Dairen, Thinsnfu, Hankow, where chronicle the fact that gold mices and encouraging the pralnation of gold Taipeh, Hongkong, Canton, extent, and yet reports from the gold-in the United States namely, Manila, Hingapore, Calcutta, is being added to the world's store.

L

Relief by the United States, to the gold prodvents this country to cer respond with the increased cost of pro fixed from the time to time to meet duction, the extent of such relief to be

changing conditions,

Hagasaki, Karaten, Wakan

and New York.

Cable Address: Hongkong: "IWASAKI”, Canton, Haiphong (*TWASZKISAL”, Gala -A1, A. B. C. 5th Ed.

Western Union and Bentley's

Got naders everywhere are complain. ing that it costs more to produce the ruetal-than it is worth. There have been no grew gold diwaveries within recent years, no more rich fields whers mesolutions passed is to be construed as That nothing contained in these " could pick up fortunes with the sil* of picks and shovels and gold paw. If such gold in the dolls or to place a pre Agency In :-THE OSAKA MARINE meaning a intention to alter the amount exist they have not been disevere; und the world of late has been depeling upon law grade ores se gravel from which

a small"ambuns of gold to the ton can be obtained only by expensive processe Linvolving a large sount of capital or

machinery and labons.

mium upon gold."

LOST GERMAN COLONIES.

HINDENBURG AND LUDENDORFE

JOIN CHORES OF LAMENT

Before the war the big companies work- fug och gak mines or gravel banka were! able to do so profitably, but with the wit came a steadily increasing searcity of German Press in August, in order to stit A great campaign was opened in the Jalent and consequent increase in, wages up opinion regarding the Fatherland's while the value of the product, floodless colonies. These running this pro arbitrarily the world over at 3200718 apaganda have enlisted the support of, hin QUDED remained precisely the same among others, the Crown Prince, Hinden as it was when labour was cheap. But bag, and Ludendorf.

who, thrown

the Crown Prince 5 For those In a messags published in the Press,

Jefended Gerinanism in remota parts ef on their own resources,

the world, no word or set of thanks. is great and proud quough, “.

an ounce of gold will not parehase any thing like what it would buy, before the war or before the United Brutes entered the war, or even as much as it would a year ago, and yet it costs much more to produce that ounce of goldi

Deense of there spaelitions Governor Ilindenburg delures Without Emmett D. Royle, of Nevada, in co-opera-lout guarantee regarding raw tion with the varidus Western metal pro-materials; without our misterials na ducers nascelations and the American industry; without industry insufficient gold producers and economists at Rero Mining Congress called a conference of prosperity. Therefore, we Germans must on August 12, 13 and 14, with the pur pone to crystalize if possible the views of the Westora gald producera in some practical system looking to the alleviation

have colonies."'

Ludendorf's message says

Colonies

are inseparable from, tha: German future for which we fight and for which we met

of what appears to be a critical situe quer." The messages are accom

panied by articles insisting that the

tion. The conference was largely attend-return of the German eclonics is a aine ed and important addresses were made.

One of the speakers was John Clansen,qua non for peace. vice-president of the Crocker National Bank of San Francisen, one of the most eininent economists in the world."

After an exhaustive réview of 'the' status,; cf world eredis and gold, production, Mr.. Clausen said:~-

CREDIT or cold "basis - International credit is firmly estab lished on a gold basis, and unless the flow of 'gold is not too strong in one direc- 12.300 tons SAT, 2nd Nov, 11.mtien no country has any interest in up- 12,340 tons SAT., 18th Nov, 11 it is contended that notwithstanding

setting the present standard, although"]

Nilio Maru,,600 tons RAT., 14th Dec, 11 am.great production of new gold it may not!

necessarily make universal gold standard. ism possible, as it would be a more drop. in the bucket of cir. future needs. Il the world's, credit," "therefore, is to be carried on after the war, with gold, every. ounce that can possibly be produced will he required.

Shanghai, Moji & Yeterofa Mara, 8,900 tona SAT., 28th Oct.

Kobe

Kosoka Harun, 7,000 tona TUE, 29th Oct.

London or Liverpool via Spore, Colombo, Delagoa Bay & Cape Town Melbourne via Manila Zamboanga, Thursday Le, Townsville, Brisbane,.

Sydney

w

FOR DATES OF SAILING

New York via Shanghai, Kobe, APPLY AT THE COMPANY'S

Yokohama, San Francisco & Panama Canal

Bombay via Singapore, Malacca,

Colombo

Dalcutta via Singapore, Penang &

Rangoon

Omitting Shanghai and/or Moji

OFFICE,

Wireless Telegraphy.

HONGKONG VICTORIA B.C.-SEATTLE

VIA

Manila, Shanghai, Nagasaki, Kobe, Yokkaichi, & Yokohama.

Operated by the magnificient and splendidly equipped Passenger Steamers Fushimi Mara," "Bawa Maru," Kashims Maru" and "Katori Maru," each of over 20,000 tons displacement.

Next sailing from Hongkong Suwa Maru, THURSDAY, 1 Nov 11-m Omitting Manila Fastbound..

For further information apply to

NIPPON YUSIN KAISHA

MORL Manager

**There are people, who argue that i! | the Government would agree upon a plan to increase the value of gold, from $20.67 W, say, $40 or 860 s fine ounce, it would with only half the metallic requirement make a settlement of obligations possible

NOTICES TO CONSIGNEES

NANTO TUSEN KAISHA, LTD. (THE SOUTH Sra H... 8.5. Co.)

NOTICE TO CONSIONKER,

THE STEAMSHIP BORNEO MARU.

FROM JAPAN.

By p

NONSIGNEES Use se hore) informed that all female are twink landed, corhair risk into the 13 on BEST DE tűs Högökono ́and, Kywiam Waranane Godown Company, Lze Mist" Kolone wh noe and/raisthe Whave delirety

24 Optlona) Cargi will be firmander ankar

COUGHING INTO CONSUMPTION

"Only a Cough but you stop

it. while it is ONLY a cough.

WATERBURY'S METABOLIZED COD LIVER OIL COMPOUND

The finest preparation made for combating severe coughs. CURES aby cough laat is only a cough. Very palatable.

• OF ALL CHEMISTS

Price $1.25 and #226:

BANK

BANQUE DE LI DO-OH WE, (FRENO BANK),

Capital

HEAD OFFICE 15his Rus Lafitte, Paris we

Fra 48 000,000 Reserved: 50,000,000 HRANOUES AND AGENCIES: BANGKOK 4 Honakora · Ss100€!! Labeo. MTZE HEATGEA NGUMR MINATORE PAPRITA

TUENTSIT PERING TOURNE TIRLANIYORTOOK

ANO

BAN

DUPANKURA

IN PRAVCR Comptoir Nations!

naties to the entry leg van fir Freomrade Paris-Credit: Lyonesia;

No-auto wil hy shorter

Meson de rio - Paris et des Pays R have lishe find Craft flustered et al; docista dara tüzik, no imlivered "fer th„Ajit Peneratio

Octyl jeder D

Af cla nos gunst the serofnun mask dag & Unine Barik a

Bie

the 7th Nov, richt

All broken; chated, and mag

will: ha vitamine); 10th,

Bid of t

· Conip-

BHIPPING

PACIFIC MAIL SS CO.

U S.Mail I

OFERATING TELL NEW FIRST OLASH

FREN

** ECUADOR VENEZUELA and COLOMBIA,

SELANGANA RINGS 14,000 Tons maak.

- HONGKONG TO SAN FRANCISCO,

via BHANGHAI, KORE, YOKOHAMA' and HONOLULU,"

Belt.

'ThewaŃ the

The Suvahi

electric fans and electric

comfortabl: The

The Safety and. Coif Brectal

Kalakute arv Taburchi

CHENLEY For further biformica,

BANKS

Нококона в БЛАКОНА!

PAID-OF CAPITAŁA.

RIMERVI ELABILITY

2000

16,500

$34,500,000

$15,000,000 | Abys¤ KISEN?

Cover of DELICIOSA. -

Hen. Mr. P. H. Holyos)-Clairman,

AH. Compton, Esq. Bon. Mr. D.

G. T. M. Edkins, Esq.-

& PIRE INSURANCE 00., | Hon. Mr. & Hang Palm Landale,

LYD., OBATAS

For Particulars, apply to---

S. SAYEMI, Manager. No. 14. From Besart. Hoones

ASAHI BEER

PILSENER BEER

GRAND

ASAHE

BREWERY

BEER

Y LIMITI JAPAN

AGER BEER

*SPECIALLY BREWED

FOR

EXPORT

COMPANY

· Beta-katars MITSUI BUSSAN, KAISHA;

JAPANESE MAKERS,

Every kind of

MADE

な

Dodwell E.D. Farr, Eaq,

D. 8. Gabbey, Esq... Flammer, Esq.

Pattanden, Esq.

W.

Bangkong-N.J. STABB, Esq.

MAYAGER Shangha-A. G. STEPHEN, Esq.

Lander Bartens-London Churiy

WESTMINSTER & FARN'S BANK, LTD. HONGKONG-INTEREST ALLOWED.“ On Current Account at the rate of Two

CAFERAZ

BANKE

CAFEAL

·PAID-UP

Resea

Fore

HEAD. OFF!

Beld

The Barne

HEAD AGENO –

BANDIKIA Chiara,

MARAMAN, MADAN

·PADATO FA

PRÈCORIAN” PAR:: PowiIANAL,

per cent. per annum on th daily balance" Corrispostenta e Bommy

Of Fixed Droits :-

For 3 month 24 per cent, par annum

8...

+11

F. J. STARE,

Chiet Manager

Hongkong, Oct. 16, 1818.

"HONGKONG BAVLNGK. BANK.

FUZK÷businene of the shore--Bank › Is- conducted by the HONGKONG: AND SHANGHAI BANKING COR- İ PORATION. Eules may be obtained an application,AND ANY

INTEREST on deposita la allowed on the minimum modtáile balances ab 31.

Hidrax, Fondcherry. Ca

Balgon, Halphong, Ranol,

Fork

ham, Kobe,, Melbourne Bydney San Francisco, do 200 Labor B2

Bondon and Bestthe Bank, Limited.

Bank buys and salla, wid collection Bulls of Exchang

for coll

of credit Ita · Brinsbes Correspondanta is "the Phan Continent in Great Britain, Amack Sud, Amiralla, add bracma business of every descript

THE MERCANTIER BANK OF

FER CENT... per annum. Depositors INDIA, LIMITED

may transfer at their option balandos of

$100 or more to the HONGKONG AND

SHANGRATBANK, to be placed on Authorised Capital FLAED DEPOSIT: 14.4. FER CENT. Subscribed

Paid-up.com

For the Hongkong and Shanghal Boerre. Fund

Banking Corporation.

N^3. STÁBR.

· Chief Manager,

Hongkong May 14, 1816,

517

MHE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA..

INDORPORATED BY ROYAL CHARTER

1863.

HEAD OFFICE, LONDON

FAID-12 CAPITALE!

"PRIKRYE LIABILITY OFWPR

300,000 2,000,000

$1,200,000

FRATORS

FOREIGN EXCHANGE and Gegers)

Banking business transacted."

QUERENT ACCOUNCTB opened and FIXED DEPOSITS Tócstvað fær 1your or aborter periods as rater which will be quoted on application, dec

DENTRO, DOWNING,

Hongkong, May 7, 1917. -

THE YOKOHAMA SPECg

A BANK, LID,

BRAJ

ORDER LEY (DALNY)

TANGKILY (MURDER)

CHERRY

for

BANKERA.

BANK OF ENGLAND. Lao Four STOCK Bone Timzees.

Every descriptionof Exchange bust transacted.

INTEREST allowed on

Accounts st-percent per xam on Daily Balance and on Fixed ab rates which may be sace sppiostion.

No. 7 Queen's Boad Ces

>Hongkong, Oos §. 1817

BANQUE INDUSTRIELLE

CHINE, Fren

Busschien Carizátí san Franos;$0,000,000 Pain Up Qartzaz samaris – 220M, KON (1/2 of the Capibal,ėda, Eranos: 15,000,000 subscribed by the Government of

the Chinese Republic), ri Chairman of the Boards iz

General Man

BRAD OPTION - S74, Ene. Babes-Lamre, PARIS-

WATCHES

SHANGHAL for SARION, PATIENTSISKAI HAIPHONG, HONGKONG ORIS TUKHASTOU

BANKERSZ

In TRANOE Bociété Géalenda

All favorisce le Développemen ommerce et de ladang

In LANDON

London Joint City: A

Correspondents: In the mordial colitrón

AME UHIBANKIND