1905-12-11 — Page 5

BANKS

EUTSCH-ASIATISCHE BANK.

DEU

AUTHORISED CAPITAU................Sh, Taels 7,500,000

HEAD OFFICE—SKANGHAL.

BOARD OF DIRECTORS, BeaLIN,

Berlin,

BRANCHES :

Calculto,

Hankow, Peking. Tientair, Tainanfu, Tsingtau, Yokohama.

Founded by the following Bunky and Bankers:

KOENIGLIORE SESHANDLUNG (PREUSSISOKE

STAATSBANK) Berlin.

DIRECTION DEE DISCONTO-

GESELLSCHAFT

DEUTSCHE BANK

S. BLEICHROEDER

BERLINER

GESELLSCHAFT

HANDELS-

BANK PUEB HANDEL UND

INDUSTRIE

ROBERT WARSCILIAUER & Co.

MENDELSSOHN & Co.

M. AVON ROTHSCHILD &

SOEHNE

JACOB S. H. STERN

Berlin,

Frankfurt/M

NORDDEUTSCHE BANKIN HAMBURG, Hamborg SAL. OPPENHEIM, JB., & Co., Koslo. BAYERISCHE HYPOTHEKEN UND WECHSEL-

BANE, MUENCHE.

LONDON BANKERS: Mors. N. M. NorsнILD & SON, THE UNION OF LONDON AND SMITH'S BANE, LIMITED,

DEUTSCHE BANK (BERLIN), LONDON AGENCY

DIRECTION DER DISCONTO GESELLSCHAFT...

INTEREST allowed on Current Account, DEPOSITS received on forms which may bị learned on application. Every description of

Banking and Exchange business transacted.

HUGO SUTEL

Sub-Manager. Hongkong 9th September, 1905.

(82

TONGKONG & SHANGHAI BANK-

·ING CORPORATION

.......$10,000,000

PAID-UP CAPITAL.

RESERVE FUND

STERLING RESERVE.,.$10,000,000 SILVER ROĽŇVE

8,500,000

$18,500,000 RESERVE LIABILITY OF PROP'TORS.$10,000,000

COURT OF DIRECTORS.

H. A. W. SLADE, Esq.-Chairman.

A. HAUPT, Esq-Deputy Chairman. F. Salinger, Esq.

Hon. C. W. Dickson,

B. Goats, Beq.

E. Shellim, Esq.

C. R. Lanzmann. Esq.

N. A. Biebs, Erg.

G. H. Medhurst, Esq.

A. J. Raymond, Esq.

Hen. E. Shewan

CHIDY MANAGER Hongkong-J. K. M. SMITH

MANAGER:

Shanghai-. E, R. Hunter.

LONDON BANKEES-LONDON AND COUNTI BANKING COMPANY, LIMITED-

HONGKONG-INTEREST ALLOWED,

On Current Account at the rate of Two por Cent. per Annum on the daily balanos.

For

OF FIXEDDFFOSITA."

8 months, por dont par Anzum, For 6 months, 3) por cont. per Annum, For 12 months 4 per cent. per Annum.

J. R. M. SMITH,

Chief Manager. Hongkong, 16th November, 1905. 23

THỂ

YTHÊ MERCANTI BANK OF

INDIA, LIMITED.

B

AUTHORISED CAPITAL.....£1,500,000

SUBSCRIBED... 1,125,000

PAID-UP

BANKERS:

562,500 110,000

RESERVE FUND ...um nom

LONDON JOINT STOCK BANK, LIMITED. INTEREST allowed on Current Accounts at the rate of 2%, per annum on the Daily balance, ON FIXED DEPOSITS :— For 12 monthe.......

6

*

3

4. ....33*

23. A. R. LINTON,

Acting Manager.

Hongkong, 30th June, 1905.

THE

26

ТОКОНАМА ВPECIE BANK

LIMITED.

ESTABLISHED 1880,

**The Sur of Sa

Abbey's Effer- Salt

vescent en

If your Head aches, if your tongue is coated and your mouth tastes bad, if feel

you nauseated on rising, if you are constipated, it means that your stomach is wrong and you need Abbey's Salt, and need it badly.

Nothing so bad for your healthasa disordered stomach, nothing so good for a dis- ordered stomach as Abbey's Salt.

เป

Sold in two sizes by all Chemists and Stores, and by Watkins, Lid., and A. S. Watson, Ltd., Hong Kong.

The Abbey Fruit Saline Co., Ltd., 144 Queen Victoria Street, London, E.C.

1243-4

BANKS

THE HONGKONG DÁILY PRESS, MONDAY, DECEMBER 11th, 1905.

NTERNATIONAL BANKING

CORPORATION.

Fiscal

J

Agents of the United States in China

the Philippine Islands and the Republio of Panama. CAPITAL AND JURFLUS

AUTHORISED... ...Gold $10,000,000 CAPITAL PAID UP... Gold 83.250.000 ...Gold 89,250,000 HEAD OFFICE: Now York.

THE SHANGHAI-NANKING

RAILWAY.

SHARE REPORT

i

Messrs. Krich Georg and Co., in their weekly share list, dated the 9th December, 1905, say

Business during the week has been quiat, and The Sindh-China Daily Journal, a vernacular very little has been done; the tightopss of the Local paper, with one page printed in English money market gantinnes and prevent's operators which is very anxious to be recognised as a coming forward. The sterling demand rate on exponent of the present day patriotism of Young London has gone back to O., while rates on China, has had two articles, in its issues of the Shanghai are unchanged. Bareilver in London 27th and 29th njt., with this title Charges

is s quoted 293d., and Cearsoly £89), against the Shanghai-Nanking Railway." It BANK SHARES-A few small lots of Hong; bogins the former of these two articles by re-kong and Shanghais sold at $9321, $860 and marking that many foreigners have been doubt 2877 and the market closes with sellers at $880, loss surprised at the endden downfall of HE.

the London rate is £92. Natiuals are Sheng Kung pao, but what is really surprising unchanged.

iBy

that he had been successful in proconting MARINE INSURANCE SHARES.-Unions Bold bia tottering edifice from collapsing entirely for at $740; China Tradere, after advancing to so long a period. Not the kmat powerful, it 501, has sollers at 881. Other stooks under says, of the forces that hase boun at work to this heading are unchanged.

baen

SHIPPING SHARES.-Hongkong, Cauton and Macan Steamboat Shares sold at $25. Indo- Chinas bare ruled weak and without sales; there are sellers at 824 Shanghai quotes sellers at Tls. 67. while London wires 10. Chins and Manitus. Douglases, Star Ferriss, Shells and Waterboats are unchanged.

transform bis path of roses into one of FIRE INSURANCE SHARESA small lot of therus and briars, has

a petition, drawn up by Mr. Huong Saoyung, reinstated Hongkonga fetched $330; but more shares are.

on effor. Chinas are quiet at $87. Reader in the Hanlin Academy, and forty others, which was presented to the Board of Contaardo for memorialisation to the Throne, praying for a strict sorting into the expenditure of the British end Chinese Corpora- tion in the construction of the Shanghai and Aaching Railway, indirectly denouncing Sheng Kung pao. Our native contemporary, without any intention to imply that the off the market at $212, but more shares are REFINERIES-China Sugars bare been taken charges against the railway ate whelly or obtainable. Luzons sold at $25, and $26, and partly substantiated, finds the petition an havo sellers at the higher figure, futerasting one, because it shows that the MINING HABER. Unchanged. Chinese as a people are beginning to tako, Docks-WHABYES, GODOWNS, &c.-Hong- an interest in and discuss publio matters kong and Whampoa Dock Company Shares that concem their welfare and their country's hava bean done at rates ranging between $165 rights, and because it shows foreign capitalists and $1631, and at $163 more shares are wanted, why the granting of railway concessions to but sellors refuse to go on. Fenwicks, and Now foreign syndicates is noy meeting with so much Amoy Docks are unchanged. Farnham ara opposition in the country. It is not difficult 11, 187 Dominal. Tongkong and Kowloon

stier reading the charges in the petition, says our contemporary, to understand why the earth to dostroy the power of Sheng Kaug-pav, Kiangen people have been moving heaven and

and to secure the appointment of another Director-General, preferably a Kiongan man. Evey, however, if all the forty signatures to this precious palition are genuine, it is somewhat heaven and earth," and it must be something of an exaggeration to describo it as "moving

"of LONDON OFFICE: Threadneedle House, B.CH.E. Ya Shil-kai has sent them, not a disappointment to the petitioners that Branches and Agents all over the World.

Kiangat man but a Canton man educated in LONDON BANKERS.

the United States. NATIONAL PROVINCIAL BANK OF ENGLAND, LIMITED, UNION OF LONDON AND SMITH's Bank, LIMITED,

RESERVE FOND

BRITISH LINEN COMPANT BANK

The Corporation transacts every description of Banking and Exchange basiness, receives money in Current Account and accepts Fixed Deposits at the following rates:

For 12 months 4 por cont. per annum,

+ 3

12

"H. PINCKNEY, Manager.

P, Queen's Road, Central,

Hongkong, 20th September, 1905. 2101

Wharf and Godown Company Shares have been done and are in demand at $108 Shanghai north to Tis. 2074 gales, and Hongkew Wharves have improved in the

LANDS, HOTELS AND BUILDING8.-—A fow Hongkong Land Investment, and Agony Company's shares sold at $125, Kowloon Lands have been fixed and are wanted at $40. Weat for ched $150 Hanphreys' changed hands at Points have sellers at $55. Hongkong Hotelx $12. Shanghai Lands are on offer at Tis 192.

· COTTON MILL-Ewes bare tumbled in the north to Tis. 60. Other Cotton Mis unchanged.

SUNDRY MANUFACTURING COMPANIES.- China Light and Powers are on offer at 894. Old Electrics fetohed $5 Green Island Cament Shares sold at rates ranging between 93 and 8281, and have further sellers at $.81. Other stocks ander this heading are unchanged.

THE BANK OF TAIWAN LIMITED on the Yangtza Valley (notwithstanding their 21,009 De

(INCORPORATED BY SPECIAL IMPNEIAL

CHARTER

CAPITAL SUBSCRIBED Zen 5,000,000 CAPITAL PAID-UP imeuerun ̧ 37

2,500,000

HEAD OFFICE, TAIFEN, FORMONA.

Amoy

BEANCHES AND AGENCIES:

Kobe

Aaping Foochow Koolung

Nagumki

Venice

Shanghai

Tainan Tamsui Tokio Yokohama

HONGKONG OFFICE:

4, QUEEN'B Road, Interest allowed on Current Account. Deposits received on terms which may be learn! on upplication.

8. SHIGENAGA. Manager: longkong, let November, 1904,

(2478

THE CHARTERED BANK OF INDIA

AUSTRALIA AND CHINA.

INCORPORATED BY ROYAL CHARTER, 1858 HEAD OFFION-LONDON,

CAPITAL PAID-UP RESERVE LIABILITY OF SEAED-

HOLDERS .....> RESERVE FUND.

£800,00 £800,000 £876,000 INTEREST allowed on Current Account at he rate of 21, par sonum on the Daily balancer, On Fixed Deposits for 12 months 4 par cont

6

"

31

21 "T. P. COCHRANE,

Manager,

Hongkong, 18th May, 1903,

20

CAPITAL SUBSCRIBED... Yon 24,000,000 CAPITAL PAID-UP

"

18,000,000

CAPITAL UNCALLED 14

(

RESERVE FUND

39

6,000,000 9,040,000

Tokyo

Osalm

·HEAD OFFICE—YOKOHAMA,

London

BEANOHRE AND AGENCIES.

San Francisc0

Shanghai

Dalny

Port Arthur

Kobo

Lyons

Honolulu

Nagasaki

New York

Bombay

Tientsin Nowakwang

Peking Unkdes

Chafoo

Tie-ling

LONDON BANKERS, "THE LONDON JOINT STOCK BANK, LIMITED

FARE'S BANK, LIMITED.

The UNION OF LONDON AND SMITHS BANK, LIMITED,

HONGKONG-INTEREST ALLOWED. On Current Account at the rate of 3 por cont › per annum on the daily balance.

On fired deposit for 12 months 5%, perarauw

6

3

TAKEO TAKAMICHÏ,

Manager.

Hongkong, 22nd May, 1905.

27

HONGKONG SAVINGS BANK.

HE Business of the above Bank is cond is

ted by the HONGKONG AND SHANG- HAI BANKING CORPORATION. Rol may be obtained on application,

INTEREST on deposits is allowed at 31 PER CENT. per annum.

Depositors may transfer at their optin balanoes of $100 or more to the HONGKONG AUL JHANGHAI BANK to be placed or FIXED DEPOSIT at 4 PER CENT. per annum.

For the HoraKONG AND SHANGHA)

BANKING CORPORATION.

J. R. M. SMITH,

Coial Manager.

Hengkong, 1st May, 1902

RUINART PERE & FILE, REIMS,

Established 1719, CHAMPAGNE GECWERS AND SHIPPERS.

Ship only the Finest Quality Extra Dry (Green Seal).

LAUTS, WEGENER & CO.

Bole Agents.

122

Hongkong, 17th May, 1905.

SUN FAT & 00.

MANUFACTURERS AND DEALERS IN

LADIES AND CHILDREN'S UNDERWEAR, EMBROIDERIES, LACES, SILES, PONGRES,

GEASS LINEN, SHAWLS HANDEERORIEES, BLANKETS, TRUNKS, EBONY FURNITURE AND FANCT Goons, No. 82, QUEEN'S ROAD CENTRAL.

Any Order Promptly Attended-To- Hongkong, 12th January, 1905.

THE MORALITY OF STOCK EXCHANGE TRANSACTIONS.

In the First Division of the Court of Bession, Edinburgh, Lord Dunelin (the Lord Presi dent, Lord Adam, und Lord McLaren on the beach, in an action in which a Glasgow stock.

The petitioners begin by pointing out that Shanghai and Nanking are the keys to the gates of the south-eastern portions of the Chinese Empire. The petitioners have dis covered that the proposed line is only 558 li in length, and that the sum of £3,500,00) which has been borrowed to build this is a most

MISCELLAN GOUS.-China Providents fetched extravagant estimate. The revenue from the 39, closing quiet. Langkats are quoted Tis. line will never enable the Chinese to pay off this 2171 in the north; the following telegraphio sum, and it will remain in the hands of a foreign information, dated 1st instant, has been received corporation, detrimental to the welfare of China from the Sumatra Director und Manager in and a source of sternal trouble in the future. Langkat: "Daily aggrogate output of orade The water communication between Shanghai Petroleum 80,000 gallons; crade Petroleum in and Nanking is so good and convenient that a tanks at date 189,000 gallons; Kerosene made railway cannot compete with it remuneratively since the date of preceding half-monthly telegram. But dividends are not the real objects of the | 78,000 cases: Korosens shipped since 74,000 British. They bave been casting covetous eyes cases, and Korosene in stock at refinery at date

self-denying agreement with. Germany), and A: S. Watsons sold and continue in request at have boon seeking a pretext to take it. They $12 Wm. Powells have sellers at $11: Other bave feat China such a large sum of money stocks under this heading are unchanged. (23,500,000), knowing that if Chiau cannot repay it, they will fall on us with the might: of a crediter," and convert China into another Egypt. When the line was first mooted the Southern Superintendent of Trade estimated that it could be built for seven million tais (say 81-0009 sterling), and there was no necessity to asks foreign saxistance at all, so much of this united amount as could not be raised being obtained by selling abares broker sued a client for the balance of his to Chinese merchants. Instead of deing account for buying and selling stocks, and in this and being satisfied with the seven which the client met bis broker's demand with million teels estimate, Sheng borrowed four the ples that the transactions were gambling times that amount from foreigners. Tha

transactions and could not be sued on, the interest os this is Tla. 1,420,000 or Tis. Judges male some remarks in answer to observa 71,600,000 in fifty years. With a line only 600tions by Sheriff Guthrie, who while deciding in i in length, built where there is already good favour of the stockbroker regretted to give water communication, this interest cau never be decree for sums which in a trae, though not in paid, still less the capital anm. The continued

a legal, sense were gambling debts and ever-increasing fall in the price of aliver, MeLaren, who agreed with the Lord President and the contingency of the interest being com- (Lord Adam) that the Sheriff's observations pounded are also dangers against which wo

were uncalled for, said there might be different should be on our guard. For those reasons, the views of the morality of beying and selling railway will never be redeemed, a condition that sharos on the Stock Exchange for the purpose will be a source of eternal danger to our of making profit, but whatever riowa wore hold country."

It is hardly necessary to point out the When a broker accepted a client he was bound as to that they were not applicable to a broker. fallacies with which this petition is filled. The to carry out the instractions of that client, and estimate of cost, £3,500,000, is intentionally would be liable in an action of damages if he very full one, and the whole sum will failed to do so. Of course, he referred to almost certainly not be required, but it was equine transactions; and he saw no ronson to primarily necessary to be on the safe side. think that the transactions in this case were not As regards the insufficiency of the traffic, of that character. It would paralyse all busi- it is enough to say, that the milway has only ass on the Stock Exchange if the broker were boen open a week, and it is already found to be held to have a duty to inquire into the necessary to double the original service

Lord

of trains, and there is at present hardly legitimacy of their clients object in giving an rolling-stock enough to carry tas passangers order before they ventured to carry it out.

Of course, seven million tuels is an impossible estimate for the work that has been and is being done. The railway is to be continned to Hangchow and Ningpo, and the yards, work- shops, etc,, at Shanghai have been designed with that extension in view. Then the roadbed, sidings, elo, are designed for a double-track line, and the whole work is first-class, the railway being intended to last for years, and carry a large trafic as satisfactorily as any railway can be made to do. There is not the slightest doubt that it will pay well, and will easily roturn the capital borrowed and the interest, notwithstanding the alleged excellence of the present water communication with which it has to compete. There is absolutely not the least foundation for the allegation that the real design of the railway is to giro England a foothold in the Yangtze Valley, and when the new Director-General, Mr. Tang Shao-yi, comes to make his own investigation, be will find that the sole and simple object of the British and Chinese Corporation; in which the Chinese. Commissioners have loyally sup ported their British colleagues, has been to build as cheaply and honestly as possible a first- class lino that shall be a lasting credis in every way to all connected with iN» Daily Newr

ST UPROLAZ

HIS MAJESTY

THE

WM-WHITELEY LTD.

Universal Providers,

WESTBOURNE GROVE, LONDON, W. THE BIGGEST STORE IN THE WORLD.

"HIGH QUALITY, MODERATE PRICES. PROMPT ATTENTION,

General Instrated Catalogus (1335 pages), or May Departmental List sent free to bond-fide applicants.

Some of the Special Advantages possessed by

Allenburgs Foods

The Milk Foods closely approximate incomposition te, and are as easy at-digestion as Maternal MIN. They provide a perfect diet for the formation of firm fiệşk and strong base.

The Milk Foods are absolutely free from any nokkrun germs, and beste is for expertos to cow's milk

ohtalons in fawna, especially in but weather.

Ne diarrhea, digestive or stomach troubles need be lea;ed from the out of the “Alinsburys", Foods:

The "AlfrétyTM Foods are three in number, and to graduated as to provide the masknum verðuñí of mosdisk.

must that the child is able to digest at the period of life for which the foods are respectively recommended.

MILK FOOD No. 1

Par Infants frean birth to three months of age,

MILK FOOD No. 2

For Infants from three to six months of age.

·MALTED FOOD No. S For Infants of vin months and upwards.

Allen & Hanburys Ltd. Lombard St. London. Eng. SINT FEEDING

ORI MAKAGENUENT,

849

GREGOR & CO.,

19. QUEEN'S ROAD CENTRAL, 1ST FLOOR.

CHAMPAGNES

PERINET AND FILS.

RHEIMS-CHAMPAGNE.

MODERATE IN PRICE, and ABSOLUTELY

GRAND VINS.

It pays you to buy the best,

& the best of all cocoas

Van Houten's

Cocoa

Try it.

It is a pure soluble cocoa with a delicious natural flavour which you cannot fail to enjoy.

Pure and unmixed"--THE LANDET,

"Perfect in flavour. Pure and well preparad.”

BRITISH MEDICAL JOURNAL,

"A perfect boverage, combining Strength, Purity and Solubility.”—MEDIDAL ANNUAL.

BEST & GOES FARTHEST.

BENG

Benger's Food with Mik forms

a dainty, delicious and most easily digested cream,

ER'S

For

INFANTS

and INVALIDS.

FOOD

*Retained when

all other foods are

rejected,"

London Medicat

Record,

Benger's Food cold in ring by chemists,etc, everywisere,

DINNEFORD'S

The Universal Remedy for Acidity of the Stomach Headache, Heartburn, Indigestion, Seur Eructutions, Bilious

DINNEFORDS

Affections.

74

3063-3

The Physician's Cure for Gout, Rheumatic Goat and Gravel.

Safest and most Gentle Medicine for Infants, Children, Delicate Females, and the

Sickr ess of Fregnancy.

MAGNESIA MAGNESIA

DR. M. H. CHAUN,

HD latest Method of the AMERICAN

SYSTEM of DENTISTRY.

37, Des Yeux ROAD CENTRAL. From the University of Pennsylvania, U.S.A.

[2056 Hongkong, 4th September, 1905.

CLEANSE YOUR BLOOD'

WITH GRIMAULT & COS SARSAPARILLA

SARSAPARILLAS

GRIKAULTS

The original sar saparilla, recom. mended for the last 40 years for lymphatic diseases, eruptions, boils, and all disorders of the skin.

· CHISAULT & sk Vivienne

PARIS

HONGKONG

881

BUSINESS DIRECTORY.

IRON MERCHANTS.

BINGON & CO.

Metal Iron, Steel,

and Hardware Merchants. Wholesale and Retail Ironmongers. Pig Iron and Foundry. Ccko Importere. General Store- keepers and Commission. A gets. S& 37. Hing. Loopg Street, (lat Street West of Central Market.Telaphone No. 515.

PHOTOGRAPHER

M. MUMEYA, JAPANESE ARTIST.

Bride and Crayon Enlargements and sixo colouring Photos and relief Photos. Views of China and Manila. Work dene for Amateurs; Io. 8A, Queen's

Road Central.

STOREKEEPERI

BISMARCK & CO.,

Navy Contractors, Ship Chandlers, Provision and Coal Merchants, Sail. makers, &c. Fresh Water supplied to

Vessels in the Harbour

KWONG BANG & GỌ..

Shipchandlere Sailmakers, Provisioners, Coal Merchants, Hardware, Engineers Tools, Metal, Iron and Steel Merchants 57 58 59, Couamghi Road, New

Frava Central,