1903-06-01 — Page 5

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HONGKONG

RUSINESS DIRECTORY.

BOOKBINDING

DAILY PRESS" OFFICE,

The only office in China having European tanght workmen. Equal to Home Work

FURNITURE WAREHOUSEMEN

A CHEE & CO., Established 1959.

Frory Louecheld Requisite. Dopot for Eastman's Kedak Filmynd Accessoris;

17a, Queen's Road Central,

CHEONG LEE & CO., Forniture Sture, Established over 20 years. Importers and Exporters, Teakwood Furniture, Black- wood, Jewellery, &e, highest grado, best and cheapest. F. Queen's Rood

Central.

JEWELLERS

MAISON LEVY HERMANOS

Diamond Merchants and Watchmakers, d Watson's Building, Queen's Road. Als at Shanghai, Maniis, l'aras and Iloil

PHOTOGRAPHER

M. MUMEYA, JAPANESE ARTIST.

Bromide and Crayon Enlargements and also colouring Photos and relief Photos. View of Chins and Manila. Work done for Amateurs; No. 84, Quaen's

Road Central.

PRINTING

"DAILY-PRESS" OFFICE Proots real by Englishman,

STOREKEEPERS

F. BLACKHEAD & CO.,

Navy Contractors, Sailmakers, Prorkion and Coal Merchants, Sok Agents for flartiosun Bahlibu's Genuine Com-

position Red hud Brand.

BISMARCK & CO.,

Navy Contractors, Ship Chandlers, Provision and Coal Merchante, Bail- anskere, &c. Fresh Water supplied to

Vessels in the Harbour

KHONG SANG & CO.

Shipchandlare, Sailmakers, Provisioners, Coal Marchants, Hardware Engineer Tools, Brass and Iron Merchants,

144, Des Voeux Read.

MOKE & SEIMUND,

25 and 26, Connaught Bad, Praya Central. Shinchandlers, Sailmakers, Riggers, Commission. Agents and General Storekeepers; Sole Agents for Shipowners Composition (iry. Lound Brand") and Budelis Spence & Co.'s Composition WATCHMAKERS

DROZ & CO..

14, Queen's Road Central. Repairs

Watches and Clocks by competent European experts at moderate rate NOTICES OF FIRMS NOTICE

MR WILLIAM H. OASKELL having

returned to the Colony, resumes his

przetico a Public Accountant.

Office: No. 4. Des Vani Road.

Hongkong, May 25, 1903,

1532

CHINA COMMERCIAL STRAMSHIP

COMPANY, LIMITED,

司公限有船輪華中

THE OFFICES of the above Company have

The OPENED at No. 35, QUEEN'S

ROAD CENTRAL, 2ND FLOOR.

Hongkong, 1st March, 1903.

924

CHINESE AMERICAN COMMERCIAL

COMPANY,

司公橥

IMPORTERS, EXPORTERS AND

MANUFACTURERS.

THIS Company's Offices are Established at

No 1, CONNAUGHT ROAD

opposite Douglos Pier.

Henkgung, 1st May, 1903.

NOTICE.

[1321

JOTICE IS HEREBY GIVEN that the Partnership hitherto existing between

WARDEN

sad KING HORN JOHN DONALD MACDONALD was DIBBOL. VED by matul.consent on the Thirty-first day of December, 1902, and that since that date the of the former frm of KINGHORN husiness of

& MACDONALD has been carried on by DONALD MACDONALD'in the firm's name of KINGHORN & MACDONALD

·PUBLIC COMPANIES

A. 8. WATSON & CO., LIMITED.

HE FINAL DIVIDEND for the year 1902 at the rate of Sixte Couts per Share for Six por Cent, on the Capital of the Company, making Eleven per Cent, for the year) is payable at the HONGKONG AND SHANGHAT BANK, Hongkong on and after this date, the 20th MAY, 1903, on Warrants to be obtained from the undersigned. Local Shareholdera ara requested to apply at the COMPANY'S OFFICE for their Warrants.

The DIVIDEND is also payable at the HONGKONG AND SHANGHAI BANK, SHANGHAI, on presentation of Warrants there on and after the same date,

By Urdur,

A. H. MANCELL, Secretary, Hongkong, 29th May, 1503. THE CHINA-BORNEO COMPANY, LIMITED.

(1570

NOTICE TO SHAREHOLDERS. TH THE STATUTORY MEETING of the abore Company will be held at the COMPANY'S OFFICE, No. 4, QUEEN'S BUILDINGS, on SATURDAY, the GTR JUNE, at Noos.

J. WHEELBY

General Manager,

Hongkong. 2nd May, 1903.

NAVY LEAGUE.

HONGKONG BRANCH.

PUBLIC MEETING.

[1611

H. F. WYATT. a delegate of the

M Head Ofice of The Nase League, will

give AD ADDRESS, TO-MORROW (TUES- DAY), 2ND JUNE, u the CITY HALL at 5.15 PM. Ladies and the Generel Public are cordially invited to attend. HIS EXCELLENCY THE GOVERNOR will take the Chair.

B. W. MITCHELL,

Aoting Hon. Secretary. Hongkong, 30th May, 1903.

HONGKONG OPIUM FARM.

11578

TOTICE IS HEREBY GIVEN that NOTied Tenders will be received at the

Bealed

COLONIAL SECRETARY'S OFFICE, Hongkong, till Nook, on FRIDAY, the 31sT day of JULY, 1903, for the Purchase of the privileges known as the OPIUM FARM established under The Prepared Opium Ordin- ances 1991 to 1897 and Ordinance No. 1 of 1898, that is to say, the sole privilege Preparing Opium and of Selling, within the Colony (including the New Territories), Opium so prepared. ieclusive of the privilege of colloating dress and of preparing and dealing in droks Opium, for Three Years from the lat of March, 1904.

Fall information as to conditions of tender- fing, etc, can be obtained from the Colonial

Treasurer.

By Command,

NOTICE IS FURTHER GIVEN that as from this date the said business will be carried on by DONALD MACDONALD under the siyle of MACDONALD & CO.

All DEBTS de to or by the late firm of KINGHORN & MACDONALD will be re- Sceited and paid by DONALD MACDONALD

Dated this 26th day of May, 1903.

ROYAL RATED

(1554

WATERS

MANUFACTORY.

If you want a drink of health,

If 'tis true that health is wealth,

If you'd take your proper Face,

If for health you'd join the race,

Always with a smiling face.

Where you can get good drink I guess, Furo

water we always use, Eesences many from which to choose, Our list of drinks will you amuse Apply to

F. P. DANENBERG, Manager. Factory & Office-West Point; Telephona 387; Dapet-lo Honga Strest; Telephone, 374

Novel Specialities. Beat in the Far East. Refreshing and invigorating drinks of the Bosun. Just Produced, Long-Lite, Non-Intoxi. cating and Excellent Beverages.

Strawberryado, Hir-Oes, Winter Stont, Jubiles-Champagne, Orange Champagne, Hop FLEY

Ale.

WINCHESTER

CARABINES

12 SHOT REPEATING, CALIBRE 4K

Excellent arin for Travellers in the interior of China as well as Officers of Coast Steamers

ALSO CARTRIDGES IN STOCK.

LUTGENS, EINSTMANN & CO.,

14, DES VIEUX ROAD.

[2742

F. H. MAY,

[1582

WANTED AT ONCE. PHYSICIAN with Europont or British Colonial Diploma for Coasting Stepmer. Apply to

THE HONGKONG DAILY PRESS MONDAY, JUNE 18T 1003

MARINE INSURANCE IN TIME

OF WAR.

The following article was written a month ngo by the Marine kusnance correspondent of the London Tintes and will doubtless interest a large number of our readers

In his speech at the Foreign Ofise last month to au influential deputation on food supply, the Prime Minister sat out very clearly the problem which this country has to face iu regard to the supply of food and raw materials in time of war. What we have to fear," said Mr. Balfour, "is not exclusion, but the cost of introducing the raw material. We shall got it, and all we want if we are ready to pay the price. It is a question ultimately of price, and the question of price is also ultimately a question of insurance." This question of insurance will form an important part of the enquiry to be undertaken by thy Royal Commission whose appointment is jest onouused.

|

could not be done by a speculativo aliqua nt Lloyds', but wond bars to be taken up by really strong groups of private underwriters and by the lading marine Insuranes companies." Bacurity would be of far more importanes than the amonat of the premiums, and the progie who could give the security would be able to charge pretty much what they liked. The wenk under- writera would be quickly smashad up-the more quickly if there were a large number of captures at the beginning of a war before many of the hig war premiums could be raked in. The failurra which would certainly occur, especially if there was much spacul tive business transnoted before

WM.

POWELL, L D.,

DRESSMAKERS, DRAPERS, AND GENTLEMEN'S

OUTFITTERS,

28 AND 34, QUEEN'S ROAD, CENTRAL,

DRESSMAKING UNDER EXPERIENCED EUROPEAN

SUPERVISION.

war actually broke cut, would emphasis this GENERAL DRAPERY GOODS OF EVERY KIND ALWAYS need for security.

It is not possible to form any idea what the premians would be to cover the risks of capture and seizure; the only certain thing is that they would is high, probably not less than fre guinea per on', per voyage at first, whatever The effect which the out-they might full or rise to later on. When the Spanish-American war broku ont, Spanish break of war, or éven tho for that war was tapinent, would buvo on insurance rates would stomers from Spair to Cuba and American be very great and very rapid; how great and steamers out of San Francisco were insured at rapid will be appreciated by the public if I explain fivo gainons per cent. But when the Americna the present attitude of marine underwriters navy sicured command of the son the rates on the American steamers dropped to shillings and and their liabilities in regard to war risks.

The present practice in the insurance market those on Spanish steamers ran up to say thing as regards the risk of war dates from the spring short of cent. por cent. The blockals of any of 1898 and was consolidated in the autumn of port would have a masterial effect apon rates, as that year, after the Fashoda reare. The clause may by judged from the fact that blockade run- ders in the American Civil War were inuared at in motive policies suder which nuderwriter

50 ningas per cent, for the ran. It was a case of limit their risks runs as follows:-

"Warranted free of capture, seizure, and trial loss or nothing. But with ordinary mor-

detention, and the consequences therest, or any

attempt therout, pincy exceptsd, and also from all consequences of riots, civil commotions, hostilities, or warlike operations, whether be

fore or after declaration of war."

are

The words riots, civil commotions generally pailted if the assured desire it. It will be observed that this clause is a vido one, and its validity is been upheld in the Courts in a recent case concerning commandeered gold. So long as a polity contains the "free of capture" or "£c. und x" clause, as it is colu monly termed, underwriters are protected from

chant steamers, waking for unblockalsi paria.

the risks would be much smaller, especially if the British Navy soaled up the greater number of hostile foreigo warships in their own ports.

Mr. Balfour romed to find comfort in thỏ alleged fact that the average war paminms in the Great War wore about 5 per esat, presumably per voyage. The risk covered was rally that of capture mar the honse ports, and as Mr. Douglas Owen las pointed out in his work on "Declaration of War," the danger of captars was very little ass on a short voyage than on s

long one. Even if the rate of 5 per cent. be

all liability for losses incurred through workeaçoepfed ca some guide, the effect of such a

charge on prices would b immenso. The insur operation.

A. largo

While it is tra that the prices of food aid materials in war time are primarily a question of insurance, there is another important aspect.

one sumes that food and the materials of industry, except coal, are not contraband of war and conld be earrint safely in neutral bottoms, the use of neutral bottoms for such a purpose is not a pleasant prospect. We should get our fool, no doubt; bat what The Declara about our shipping trade? tion of Paris, under its "free ships, free goods" clause, would practically compel British

IN STOCK.

EVERYTHING FOR LADIES' AND CHILDREN'S. WEAR.

GENTLEMEN'S DEPARTMENT THOROUGHLY, UP-TO-DATE. SHIRTS, TIES, COLLARS, BOOTS, PANAMAS,

RAINCOATS, ETC.

NOBEL-GLASGOW EXPLOSIVES.

DYNAMITE,

GELATINE-DYNAMITE.

BLASTING GELATINE AND GELIGNITE,

DETONATORS, SAFETY FUSE,

AND ALL BLASTING ACCESSORIES,

MAGAZINES AND DEPOTS at

HONGKONG, SHANGHAI, WENTAIWEI.

AGENTS--

ALWAYS

JARDINE. MATHESON & CO.

MANUFACTURERS OF HIGH-CLASS

CO.

FACTORY CAIRO, EGYPT

EGYPTIAN CIGARETTES. (Close to H.E. Nubar Pasha's Fa loce.

PURVEYOR TO THE BRITISH FIELD FORCO

CANTEENS IN SOUTH AFRICA,

BRANCHES :

BOMBAY......20, ESPLANADE ROAD: CA-CUTTA... 4. DALHOUSIE SQUARE. RANGOOS...72, MERCHANT SEEKT.

LONDON..... 19, BASINGHALL ST., E.C.

FRESH AND RELIABLE AT THEIR AGENTS---

MESSRS. KRUSE & CO., HONGKONG

JAPAN

COALS.

The "free of opture" clauso was in age beference rates upon the hull of a first-cinna Cua erd 1858, but anderwriters became so stack about liner work out at about 28. Ld. por asut,“ por nsisting upon it that it was struck out of prae- voyage, and the rates on her cargo at about THEODORO VAFIADIS & of

stemmer in the Atlantiv trade do not pay more tically all policies except these upon hulls which 45.6d. per voyage. The shippers by a good tram p ware insured for 12 months. If tuis cinntry had suddenly engaged in warwith an Europeas Power. than 10 per cent, por voyaga on hor sago say in 1897, almost all the cargoes aflunt in Consider what it would mean to add to these British ebips and all the vessels insured under rates 100s, per cent. per voyage. voyage policies would have been fiable to capture Atlantic liner which paid for an insarauce ou at the risk of the underwriters. And this risk her ball at £5 per cant par voyage would pay was run without any money equivalent being re-away her whole value in insurance premiums ceived for it. A serious war with a naval Power in a single year. A 5 per cent, rate" is not a Colonial Secretary, would have brought widespread rain, and mere thing to be regarded lightly, however little it Colonial Secretary's Offico,

thought of such a possibility gave the insurance may sound. Hongkong, 29th May, 1903.

markot a bad sunre. In 1893 it was agreed to insist on the free of capturo" clause in all time policies and in all cargo" contracts, and not to omit it except for au extra war risk premium It was included ulio in all other policies, unlese express stipulation was made to the contrary, and a sotice to this effect was and is displayed in moat marine compariz' offices. The origina, stringency of this arrangement has not be fully maintained, but one may say that the omission of the clause nowadays is distinctly the exception. Where cargo is being suippet for a voyage, or a buli insured for an immediate voy.merchants, in order to avoid the war premiums on cargoes carried in British ships, to plaes 14994ge, the clauss is often omitted at the request of

the assured and without an extra premium; but their goods under the protection of a usuteal underwriters make this concession only for a flag. Neutral carriors would scramble for our month or so abond, and it would be withdrawn trade and, if a war. continued for any length of at euce if there were a hint of a serious inter- time, would be likely to buy up the British ships national complication. At present there are, which had to be laid up for want of cargo, Dy believe, saly twe Beats insured for 12 months this means they could acquire ample tonnage. [1439 against war risks”—of course nt u : uldditional And, when the trade had gone and the sbipa premium-and, if all noncessions in the way of had gone, what, at the end of the war, would be the effect upon our shipping industry High striking out the "f.e. and s." clausu were stop- ped, the current riske in eases wlue it had been prices for food and materials are merely a par struck out without an extra premium would of the evils which a serious naval war would

bring upon na. nearly all expira in the course of a mouth or BX wooks. This means that the insurance market has its hands to a large extent free, und that the risks of capture and seizure woukl, in the event of war, bara mainly to be borne, as far as oxisting policies are concerned, by the Ensuring public and not by underwriters."

"PHYSICIAN," Caro of Daily Press Office. Hongkong, 27th May, 1903.

1641

WANTED.

COMPRADORE with good Security.

Apply to-

DOSKI BROTHERS,

16. Hollywood Road Hongkong, 15th May, 1903,

NOTICE,

TUIE SWATOW ICE COMPANY is TE

prepared to supply ICE at Carront

BRADLEY & CO.,

Agents.

Rates.

Swatow, 1st May, 1903.

MITSU BISHI DOCKYARD AND ENGINE WORKS, NAGASAKI.

CODE WORD: "DOCK” NAGASAKI. A.1, A.B.C., Scotia' and Engineering Code Used. DOCK No. 1 (at TATEGAMI) Extreme Langth... Length on Blocks

Width of Entrance on Pop

623 foot,

513,

69

77 26.

Width of Entrance on Bottom...

Water on Blocks &t Spring Tido

DOCK No. 2 (at MUKAIJIMAJ

Extreme Longth...

371 fest

Length on Blooke

350

Width of Entrance on Top

66

Width of Entrace on Hotiem.,

53

"

Water on Blacke at Spring Tide

30

PATENT SLIP (at KOSUGE). Can take vessels up to 1,000 tons gross, THE WORKS are well equipped with the LATEST IMPROVEMENTS and car execute any kind of work in SHIPBUILD. ING and MARINE ENGINEERING as well as in REPAIRING of SHIPS.

SALVAGE The COMPANY has a STEAMER, 712 TONS GROSS, FITTED with POWERFUL BALVAGE PLANT READY at SHORT, NOTICE.

CIEN TING.

153

SURGEON DENTIST.

No. 10, D'AGUILAR STREET. TERMS VERY MODERATE.

Consultation Free. Hongkong, 21st March, 1908.

R. J. REMEDIOS, FOREIGN AND COLONIAL STAMP

DEALER,

No. 39, WINDHAM STREET, HONGKONG, Will be glad to send STAMPS on approval: to any address on receipt of entisfactory refer

ellnes

Is also prepared to purchase used POSTAGE STAMPS in Large or Email Quantities for Cash AGENTS WANTED, 15 to 25 per cent. Discount Allowed," 11586

The outbreak of war, or the iurainence of war, would cause a panic among the insuring Ablic, and there would be a rush to cover "war risks." In ordinary times of peace insurance against war risks usually means the insurance against the risk that war will be declared by. certain specified Powers. Speculative business of this kind is done by a comparativ-ly, small section of marino underwriters, and no sort of comparison can be drawn between the fancy raten charged for these insurances and those to enver tho risks of espture and seizure of definite cargoes and vessels if wor was in sight. Serious business of this kind ou the scale which the public would demand

RACHE

LEQS

Ache all over. Throat sore, Eyes and Nose running, slight cough with chills; this is La Grippe.

Painkiller

taken in hot water, sweetened, before going to bed, will break it up if taken in time. There is only one Painkilller, “PERRY DAVIS'.”

113–2

AUTOMATIC MAUSER

PISTOLS.

JALIBRE 783 mm. With CHAMBER for 10 CARTRIDGES FIRING 10 SHOT in 2 SECONDS.

SIEMSSEN & CO. Hongkong 3rd October. 19:19).

66

CARTRIDGES.

IMPORTED EVERY MONTH, THERE. FORE ALWAYS FRESH. LEY'S, SCHULTZE'S, AMBERITE and KYNOCK'E SPORTING CARTRIDGES 8, 10, 12, 16, and 20 BORE. and NEWCASTLE CHILLED SHOT is all Eises, Nox. 10 to SSSG. AIR GUNS and 4MMUNITION in Variety.

WM. SCHMIDT & CO.

[1188 Hongkong, 28th November, 1902.

UINART PERE & FILS, REIMS

Established 1719,

CHAMPAGNE GROWERS AND

SHIPPERS.

Ship only the Finest Quality Extra Dry (Green Seal)

LAUTS, WEGENER & CO.,

Sole Acente

Hongkong, 18th May, 1903.

[10'5

DIED ABRAM LA RUE APRIL 27th.

LL CLAIMS against his Estate are requested to be presented to AMERI CAN CONSULATE GENERAL for aathan- tication.

Hongkong, 29th April, 1803.

· COLD STORAGE.

164

MITSUI BUSSAN KAISHA

(MITSUI &

COJ

HEAD OFFICE:-1, SURUGA-CHO, TOKYO. LONDON BRANCH-34, LIME-STREET, E.C.

HONGKONG BRANCH-PRINCE'S BUILDINGS, ICE HOUSE STDELT,

OTHER BRANCHES

Now York, San Francisco, Hamburg, Bombay, Singapore, Nourahaya, Manila, Amay, Shanghai Chefoo, Tientein, Nowohwang, Port Arthur, Seoul, Chomulpo, Yokohams, Yokosaks Nagoya, Osaks, Kobe, Kure, Shimomuwaki, Moi, Wakamatsu Karatau, Nagasaki Kuchinot, Susebc, Maidzara Miko, Hakodate, Taipeh, &e.

Telegraphic Address: “MITSUI" (ABC. and A 1 Codony CONTRACTORS OF COAL to the Imperial Japanese Navy and Arsonals and the State Railways; Principal Railway Companies and Industrial Works; Homo and Forsiga Mail and Freight Steamers. SOLE PROPRIETORS of the Fammons Mike. Tagawa, Yamano and Ids Ceal Hizer; and SOLE AGENTS for Hokoku, Hordo, Kanada, Fujinotans, Mameda, Mannoara, Onom Otenji

Sasahara Teubakura, Yoshinotani, Yoshio. Yunokibars, and other Coals.

N. INUZUKA, Manager, Hongkong.

11!

FIRE.

PALATINE.

LONDON & LANCASHIRE

Hongkong, let May, 1903.

FIRE

ARD

ORIENT INSURANCE COMPANY.

CHRISTMAS

... from $1.00 0.60 ...from $1 to $5,0

TIGH-CLASS HCAKES, decorated... Plain Christmas Cakes...... German Band Cakes Assorted Pastry Cakes Scotch Bups

BUTTERFIELD & SWIRE,

Agente

[1319-2

THE AMERICAN SYSTEM

OF

ENTISTRY.

DR. M. H. CHAUN, ... per dozen 0,60 | 97, DES VEUX ROAD CENTRAL HONGKONG

...

11309

www

Fresden Stollen Mince Pies Chicken and Ham Fies Chicken and Ham Patties Game Pies

from 1.50 2,00

... per dozen 2.40

from 3.00

2.40

k

THE HONGKONG Ica Company, La.,

THE 40,000 Cable Cold Storage available at EAST POINT, Stores will. be Open at 10 AM. and P. daily, Sundays excepted, to receive and deliver perishable goods.

W. PARLANE, Manager,

Hongkong, 18th November, 1901. [65

From the University of Pennsylvania, USA.

[769 Hongkong, 10th March, 1903.

“NOTICE.

LL Persons having any CLAIMS against

from our firm are reguested to sand us

Christmas Paddings. &c., to Order. Please apply to WEISMAN & CO., 142, particulars in writing thereof before the 1sr Fraya East; ANGLO-AMERICAN STORES, JUNE, 1903, on which dato the engagement of 64, Elgin Kond; or ROYAL ERATED our present Compradore will term nate.

DOSHI REOTHERS. WATER DEPOT, Ice House Street,

[1435 Hongkong, 19th December, 1902.

Hongkong, 15th May, 1903,

[117-1