1910-11-25 — Page 7

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BARCLAY,

PERKINS'

FAMOUS

LONDON STOUT.

The

Leading Brand

THE HONGKONG DAILY PRESS, FRIDAY, NOVEMBER 25TH, 1010

SOCIALISM AND CONSOLS.

£80,000,000 IN CAPITAL LOST IN SEVEN YEARS,

The London Daily Express of the 27th ult.

казк:-

Consuls achieved another record yesterday when they fell in the course of the day to 705. To find a parallel to this it is necessary to bak ahust to the days of Waterloo-md the

1 war with France, though, of course, it hus to be bene in mind that the interest was thon 3 per cont.. whoreas now it is only 2 por cont.

To realise the real extent of the depreciation it is necessary to consider the ruthru which Connols give to the investor. At yesterday's lawod price the yield woull be as high as £3 34.out.

per cent. Not since 1875 bus bo surpassed, the average yield in that year bank £34

Console have always, bon rogarded as the best barometer of the untry's credit and general Financial position. The continuous and tourly fall is consequently a matter for serions misgirage. Biscs the rate of Interest was reduced to 24 per cent, the price and amount of Cossos bus varied as follows

INTIMATIONS

NOTICE TO THOSE INTERESTED

IN

CIVIL ENGINEERING

WORK.

THE FOLLOWING SURPLUS MATERIAL FROM CONSTRUCHONAL WORK AT THE

TAIKOO DOCK HONGKONG

JS

NOW FOR SALE.

Portable Locomotive Boilers and Engines. Marine Boilers Complote. Vertical Steam Engine, Rope Drive.

Platy Engine and Dynamo, Vertical Feed Dockey. Portable Stone Breaker and Auto

Aari Londing

Machine.

Stone Crushers, Cement Mixer. Pulsomotor Pumps. Duplex Steam Pumps,

Duplex Feed Punsp.

Secoosing

12 Expansion Joints for Centrifugal Pamp.

c. i. Foot Valves for Centrifugal Pumps 9 and

12" Dinmotor

Becker Pump bingino.

Steam Winch

Steam Tile

Pile Driving Winch.

Winch for File Living

Motor Driven Winch with Contæller.

Large Pila Driving Stone Hammers,

Small Tile Driving Steam Hammers.

Two tou Haud Caines,

Tip Waggons and n Namber of Carriages for

Rame.

Iran Skip Buckets,

in

ENGLAND.

Nominal Anunt

1905

Highest, Lowest. of Consels. 953 867 £591.000.000

Double Acting Pump, single Cylinder. Hallast Pamp

•1904

914 85

590 000,000

Pump

3. H

Tyred 1 hod without Axlon,

Pap

5.

Tyred Who

with Axles,

1905

The

91%

78

589,000,000

Pump

1906

911

851

$85,000,0 0

4.

19:17

87 BOX

1903

не B31

best that

1909

05%

82

can Yeterday.

I obtained.

SOLD

EVERYWHERE.

SOLE AGENTS FOR CHINA: DADY BURJOR&C° Wholesale Wine & Spirit Merchants.

D

BEKANNTMACHUNG,

11057

3-Throw Ram Pump

584.0 0.00 Single Centrifugal Pump with Bugine 577,000,000 Single $74.0*0.000

79 78x

571,000,000 Taking the highest price yesterday and the highest in 1903, the fall amounts to no fewer than 14 3-16 points. This represents a dopre ciation in capital of over 15 pur cent. In fother words, ivery £100 of capital invested in Consols in 1903 at their highest price is now only worth £85. The declio in the sapitul Ivalon of the £574.000,000 now iurested in Lho Courols mine 1905 in represented by preligions total of £85,000,000.

LOSS OF MILLIONS.

The Post Ollico Savings Bank, which has harga holdings of Console honght n 10. and over, must alone show Josses of muy millions to the investors owing to the envy Fall.

Many ordinary banks and institutions, when they come to make up their balance shouts, will also have to write off hoary capital losses owing

this serious decline in Consola this year alone. It is only a year or two ago that many of the landing banks took what was

laught the drastic action of writing down their holdings in Cousols to 30. Under existing ciremstances it was if another five points wiß have to be kuwaked off.

Naturally the question arises... What are the

VIP-mutkevor Bekanntmaching des

Kaiserlich Deutschen Konsulate in Canenses which have led to such an astonishing ton worden wahrend des Jahres 1910 im deriines in the value of this gilt-edged security. OSTASÍA TIRCHES LLOYD dor CANTON WEEKLY Renghly, the causes may be classed as follow News und nach Bedarf auch in der HONGKONG DAILY PRESS veroffentlicht werden.

KAISERLISH DEUTSCHES

[1544

KONSULAT. Canten, de 15, Degomber, 1909.

BEKANNTMACHUNG,

DIE &is auduro gesetzlich

TE Bekanntmachung aus dem Riessoltigon

vorgeschrichen Verneffentlichungen worden im Jabre 1940 durch.

derz

All

erfolgen.

"OSTASIATISCHEN LLOYD "

HONGKONG DAILY PRESS

KAISERLICH DEUTSCHES KONSULAT. Swatas, den 16. Dezember 1909.

BEKANNTMACHUNG.

1537

Jahr 1910 durch den

"OSTASIATISCHEN LLOYD " und The IloxaкONG BALLY PRESS " erfolgen.

KAISERLICH DEUTSCHES

Predatory Socialist measures directed against capital passed by the Radical-Social- il Government.

Undermining of national confidence by the Socialistic sperches of the Chancellor of the Exchequer.

Rapid development of the Colonies, affor ing anfe investment for British capital at! higher rates of interent than the British Govorament offer.

The expassion of the area of investments put to fensters,

Eaormous inorense in the wealth and de. volupenient of foreign nations whoso tariffs affordsreurity to the investor which is absent in this country,

INVESTORS PRIORTENED.

No security is more sensitive to national and international influences than Consols. The obvious fact, therefore, that the Government is in the power of the Socialist, whone-paliny. if qaried to its logical conclusion, must end in chos, has frightened investors

Away from

abroad.

ing

CA. Wheels and Akles without Tyres,

1416. Rails with from Fies.

1016. Rails

Shufugal Pump with Pulleys and Phanged Steel Piping.

Double Centrifugal Pump with Pulleys and

Shafting

Contrifugal Pump with Pulleys.

Railway Sleepees,

Hardwood Corn liars,

3 Boarding.

Six Sheave Blocks.

12 ei. Right Angle Beol.

Enquiries and offers should is addressed to the undersigned, who will be plewał to supply further particulars if necessary.

BUTTERFIELD & SWIRE,

HONGKONG, CHINA AND JAPAN.

[1137

Hongkong. 3rd October, 1910.

CROSSLEY BROTHERS, LTD.

OPENSHAW, MANCHESTER.

MAKERS OF:

GAS & OIL ENGINES,

MARINE ENGINES, MOTORS & MOTOR

CARS,

GAS PLANTS

POR POWER

AND HEATING

PURPOSES, T

WORK WITH ALL KINDS OF FUEL SUCTION

AND

PRESSURE SYSTEMS. AMMONIA RECOVERY

PLANTS, &c.

HAVE ALREADY MANUFACTUREN.CLOSE U PON 70,000 ENGINES.

SEVERAL OF THESE ENGINES CAN BE SEEN NOWAT

WORK IN THE COLONY.

HONGKONG

AGENTS FOR

CHINA:

W. R. LOXLEY. & CO.,

& SOUTH

YORK BUILDINGS.

IMPERIAL GERMAN MAIL

LINES.

1003

Consola and fed them to place their money NORDDEUTSCHER LLOYD. BREMEN

In his Budget speech this your Mr. Veröffentlichnungen des Dosts Parifienden wargs raid that so had hard good de Lloyd the last few years of the decrying and the dreciation of British credit, British commerce, and British securities. Let those who have done it" he added, "examine the facts and com- then with the fanciul records of other Bound ries, and they will find that there is no need for

this well organised despondency.” Taking Mr. Lloyd George at his word and emmining the quotations for the leading Gov arment stocks at the time of bi nasumption of office as Chancellor of the Exchequer on April 13, 1908, and those reling today, the following striking comparison is obtained

April 13,

KONSULAT, Prkhai, len 24. Dezember 1909.

1568

FOR EUROPE AND AMERICA, INDIA, ADETRATIA, &c.,

wird for

PRIVATE RESIDENTS AT THE OUTPORTS, A Comprehensive and Complete Record of the NEWS OF THE FAR EAST.

H

is given in the ONG KONG

NG. W

NAPLES,

FOR

GENCA.

GIBRALTAR, SOUTHAMPTON,

PRINZ LUDWIG," 18,300 Į

Capt, F. v. BINZER

*PRINZ SIGISMUND,"

U. S. MAIL LINES.

A

7

PACIFIC MAIL S.S. CO.

TOYO KISEN KAISHA.

SEMI-TROPICAL

ROUTE.

Only Lino taking the warm SOUTHERN ROUTS Boross the PACIFIC VIL

- HONOLULU, DANỮ, the most Ferill and Beautiful Island of the PACIFIC,

PROPOSED SAILING FROM HONGKONG. (SUBJECT TO ALTERATION)

STEAMERB.

MONGOLIA ...

+ TENYO MARU

* KORRA

NIPPON MARU

* SIBERIA

* MANCHURIA

CHIYO MARU

Twin Screws.

SATURDAY

TONS.

.,27,000 21.000

18,000

SATURDAY, SATURDAY, SATURDAY,

11.00

.:18,000 .21,000

27.000

SATURDAY,

SATURDAY,

† Triple Screw Stenner.

Sailing, Dates,

3rl Dec., at 1 V.M. 10: De, at 1 F..

17th Dec, ut 1 PM 31st Dec. at 1 P.K.

SATURDAY, 7 Jan 1 P,M.

All Steamers are Equipped with Winless Telegraphy,

21st Jan, at 1 r..

28. J., at 1 P.. Via Manik.

UTE · PL 8.8. “MONGOLIA" will be despatched for SAN FRANCISCO VIA TAGASAKI ROBE, YOKIAIHI, TOKOHAMA and HONOLULU, on SATURDAY, 3rd December, at 1 r..

FARES: HONGKONG to LONDON £73. 10s. Oì. Rerunn, STX MONTUS, £120; 24 Moxrus,, £125; including Berth ́and MEALS ACROSS

ÁMERICA.

SPECIAL RATES + Firl Cluss Only) Granted upon Application. To European Points: Ofeials of my European Naval, Military, Diplomney, Consular and for Civil Servicos located in Main, to European Officials is fin Services of the Governmenta of China und Japan. – To United States Points, Commisioned Officers of 'thuy United States Army, Navy, US, г.H. & M.. Servis, U.S. Consal Generals. Consuls and Vien-Consula stationed at Ports of Call, To United States and Canadian Points; Members of the. Naval, Military, Diplomatic and Consular Officials of the Governments of China and Japan. These Special Rates apply when tracoiling at their own expouse and to their families. To all points:

Missionaries and their families.

ASIA..

INTERMEDIATE· SERVICE. CHINA.........10,200 Tons,.....SATURDAY, 14th Jan, at 1 PM. 9,500. Tons......SATURDAY, ・kil Feb., at 1 P.M. STURE S.S. “ CHINA? will leave for SAN FRANCISCO VIA SHANGHAI, NAGASAKI KOBE, YOKOILAMA AND JIUNOLULU, SATURDAY, 14 Jupiny, ut 1.756. On the Fine MALI, Steamers, ASLA add CHINA, FIRST CLASS, SALOON SERVICE is furnished at Luterinediate Bales.

FARES, HONGKONG TO LONDON C Atlantic Parts. £43-

vis New York HONGKONG TO SAN FRANCISCO Through Bill of Lading issued to Japan,, North, Central and South American Ports For further information as to Passge and Freight, apply to the Agency of the Companíce, KING'S BEI.Disa (oppositę. Blake Mer).

£45.

£25.

[1227

FRED J. HALTON, AGENT.

PORTLAND & ASIATIC S.S. CO.

OPERATING IN CONNECTION WITH THE

OREGON RAILROAD & NAVIGATION CO.

FOR PORTLAND, VIA MOJI, KOBE YOKOHAMA & SAN FRANCISCO

(WITH LIBERTY to Camat Honolule and San Francisco,)

STEAMSHIP

Toxa

سلام

CAIMIN

TO SA

Through Bills of Landing issued to Pacific Const Paints and all Eastern Canadian and Unitel Staton Points. For through rides of Freight, sul further information, communicate _with_or_apply_to___

FRED J. HALTON,

King's Building (Opposits Blako Pior).

AGENT

1228

PENINSULAR & ORIENTAL STEAM NAVIGATION CO.

HOMEWARD PASSENGER SEASON 1911.

PROPOSED SAILINGS OF MAIL STEAMERS

FOR

MARSEILLES AND LONDON.

TAKING PASSENGERS AUD FOR

COLOMBO, INDIA, AUSTRALASIA, EGYPT, BRINDISI, &c. THROUGH TICKETS ISSUED TO BOSTON AND NEW YORK,

STEAMERS

TOXS

TO BAIL.

ALGIERS,

"LUETZOW »

Capt. B. WILHELMI

17,300

Rise or

ANTWERP & HAMBURG SHANGHAI, NAGASAKI, KOBEĮ

& YOKOHAMA

Wed'day, 30th

Nov., ot Noox.

About

...}

1908. To-day

Fall

Consola 21 p.....

873

791

-

Geran 3 pc. a

802

82

+1}

MANTIA, YAP, ANGAUR, NEW. GUINEA, BRISBANE, SYDNEY

Capt. D. LENZ

Frouch 3 pc.... XX7 EEKLY Inlinn 33 pc....

964

96

& MELBOURNE

... 102

1011

1.

** COBLENZ,”

6,000

6,750.

KOBE & YOKOHAMA...

PRESS.

Capt. H. RrGun HD "BOLNEO"

5,050

50th November.

Saturday, 3rd

Dec., at Daylight

About 7. 13th December.

Middle of Dec.

STEAM ELS

10

COLOMBO

Leave

HONGKONG

Connecting Steamers

Doe

Dao MARSW/LLER PLYMOUTH from COMBO do

(Krindisi •(London MARSEILLE & Loxtos 2days earlier) 1 day later)

Capt. F. SEMILL

New

Tens P.M. SATORMY! Steamer

February 4 DELHI...... 8000

February 18. ARCADIA..... 7:00 ASSAYE 7500 MARMORA.. 10500 DEVANKA ... 8000

Stemanex

MANTUA ......11000 MALWA ......11000

*Touk

SATURDAY

FRIDAY

March 4

March 10

March 18

March 24

March

MACEDONIA 10500

April 1

April 7

March

13

April

I

(Through Steiner

calling at BOMBAY}} | MOLDAVIA...10:00

April 15

April 21

April 20

Afay

DELHI

NORDDEUTSCHER LLOYD,

MELCHERS & Co., GENERAL AGENTS HONGKONG & CHINA.

CHINA

ASSAYE DELTA

8000 7500 April 9000

April

15

MONGOLIA...10000

May 13

5 May 19

20

May

MOREA .11000 MOOLEAN ...10000

May 27 June

2

Juue 10

June 16

Hongkong, 23rd November, 1910.

with which is incorporated

The CarsA OVERLAND TRADE REPORT, Subscription, paid in advance, $12 per ALBUM. Postage $2 to any pavť of the World.

HONGKONG TIDE TABLE,

From November 20th to December 2nd, 1910.

KIN-WATER.

Rosekang Hea Tra

Holpht

LOW WATIN

Hongkong Baght, Menu Time

22

k.

1. D

618

LJJ

Ž

5

BUT

27

2

fu

30

4

72

ста

想快

7.12

1

7 40%

Tue, 10

14

0

Wed.

30

A 7

m

*huz

1

ቦ ይ

M

43 a

Bri

12

11.0

HONGKONG METEOROLOGICAL,

CINIS TEL.

While the British security has fallen more Dan eight points German has actually rizos,

aad French and Italian show only an in KUDAT faitesimal decline.

BETTER RETURN.

Thongh the rocklows Socialistic policy of the Goverment is responsible to a large extent far kis blow to British credit, no one sugges that it is wholly so. As already stated; the development of the Colonies and the rapidly proving wealth of many foreign protected countries has been responsible for marvelloss additions to the number of genuine investments. The rate of interest offered is invariably higher than that obtainable from Consols, while the soonrity is prastimally s

אין Yeln

As vreat. Gold bonds of repr

representative American rail- way lines. for instance, offer a perfrolly sufai por cont: investment, and the quotations for the last fier how how rapidly they have come into publia favour Farther, many foreign Guvarument stacks yielding over 4 per cent. which, four years ago, were not regarded as sound investinests are NO regarded to-day. Take, for instance, the following:

Argentina 5 pc, of 1896

Brazil (1889) 4 pio. China 5p.c. of 1896

Price, 1896, 1910. Rim

84 91 15

A SANDAKAN...

All the Steamers of the European Line are fitted with Wireless Telegraphic. System of Telefunken,

For further Particulars, apply to

PASSENGER SEASON 1911.

IN 25 DAYS TO ITALY

BY THE

MAGNIFICENT N.D.L. LINERS:

Passagers change Steamers at COLOMBO, and those for BRINDISI transfer also. to the Express Mad Steiner a PORT SAID, Accommodation in the connecting Blaser from COLOMBO is definitely reserved in

Hongkong or at the time of Booking- FARES TO LONDON (Including Burtax): 187 SALOON $1.10 SINGLE £105.14 RETURN. 2ND

£72.12 $18.9

IN ADDITION TO THE ABOVE MAIL STEAMERS INTERME DAIT NON-Tanghipment) STEAMERS WILL LEAVE FOR

LONDON

CARRYING SALOON PASSENGERS AT REDUCED RATES.

PROWSED SAILINGB:

STEAMERS

77 105 26

673 89 21j 98 1021 31

"PRINZESS ALICE

DISPLACEMENT,

20,300

ON MARCH 22ND.

60% 918 30 923 100 8

Capt. P. GRosen,

LUETZOW

17,300

ON APRIL 5TH.

Capt. D. WILHELMI

* SUNDA

NUDIA SYRIA

"KLEIST".

17,000

ON APRIL 19TH.

Capt. O. PANKE.

Spain 4p.c..... Mexico 5pc.

(less fax 4 p.) Italy 5. p.e. How greatly the incubus of Socialism depresses the price of Console many judged from the fuck that of long ago, when Mr. Llard George's resignation of the Chancellorship of the Exchequer was rasioured, they vere instantly marked up, or 15s. pur £100 of stock. On Dat

Hongkong Obrorrators, November 24th.

Previous Day On Date at

at

10 MUL

5.

Harometer ****

29.95

30.05

20.90

Temperature ...

75

7%

70

Humidity

71

71

Wind Direction

15

Bust

E

Force!

1

2

2

R

0

.0

ཀློཋས༠ ༔

Winther......... Rain..........

Higbeat open air Temperature on 23rd......81 Lowest open rT mperate on 23rd....60

ON SALE.

ÞOUND VOLUMES of the HONGKONG WEEKLY PRESS. January to June, With INDEX. Price $7.50.

1910.

On sale at the "HONGKONG DAILY PBROS

Hongkong, 30th Juno, 1910,

CALLING AT NAPLES, GENOA, ALGIERS, GIBRALTAR AND SOUTHAMPTON TO LAND PASSENGERS,

All the Bunters of the European Lins are fitted with Wireless Telegraphic, Nor System of Telesanken,

Early booking recommended,

For Particulars, apply to

Hongkong, 10th November, 1910.

NORE

PALAWAN

BORNEO...

SICILIA

• SUMATRA

* NILE

Due

LONDON

Leave HONGKONG

Tennage 4700

about

Januny

25 March

March

March

4700

April

4600

April

6700

May

4600 May

6700 Forin

5900 Ferry G660

6700

8 March

Amil

May

Inno June

31 July

14 July

shout

កងនគ

These Steamers call also at SINGAPORE, PENANG, COLOMBO, and at MARSEILLES.

FARES TO LONDON Ineluding Surtaa):

1st SALOON £55.0 SINGLE

2ND

£38 10

• Cerry 1st and 2nd Salcon Passengers,

MELCHERS & Co., GENERAL AGENTS,

[1062

For further Particulars, apply.to

10021

£8Ž10 RETURN. £57.4

E. A. HEWETT,

SUPERINTENDENT,

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