1911-01-26 — Page 5

Page

GREAT SALE OF

BOO K S

IT

PAYS YOU

TO BUY

FROM THE

LARGEST

BOOKSHOP

IN THE

WORLD

BOOK LOVERS IN CHINA

Should take advantage of The Times Book Club'e great Bale of Surplus Books, containing thousands of bargains, many of which are not likely to be met with again Rare books, important books, books of all kinds are offered at a fraction of their original cost, Anyone who misses this opportunity will be sure to reproach himself afterwards.

THE REASON for this Sale is both apparent and urgent. The Timos Book Club is not only the largest bookshop, but also the most important Circulating Library is the world. Conduct ing operations on an enormens scale, many chances of favourable buying present themselves, and our customers reap the benefit. Again, as each important book is published, hundreds of copies aro bought to meet the requirements of the library. As soon the first demand has been met, olean and undarnaged copies return to the shelves and accumulate as overstock." Theso must be sold quickly to make room for now stook. Many of the books offered are new copies-the others are clean Library stock in excellent condition.

WE PAY OCEAN FREIGHT to any Seaport in the World on parcels of Books selected from our Bale Catalogue to the value of £20 anil dpwards..

WRITE TO-DAY

for the SALE CATALOGUE of Library books in General Literature, both English. and Foreign, and Fiction. Copies will be sent post free, on application to:-

The Times Book Club

376 to 384, OXFORD ST., LONDON, ENGLAND,

PREMIUM BONDS

WE are the largest Dealers in the world in these attractive securition.

WHAT ARE THESE BONDS?

They are high-clses wud absolutely safe resantes, payable to bearer, issued by. the various Governments and Municipalities of Europe; they are redeemable at periodical drawings, either with Cash Fremiums varying from £40 to £40,000, or, at the very least, at their full nominal value. EASY PAYMENTS.

We sell these Bonda singly or in combinations of the most advantageous oner, payable by convenient Monthly Instalments ranging from 15a. to £20. Write for Handbook, sent post free.

THE HONGKONG DAILY PRESS. THURSDAY, JANUARY 28TH, 1911

MELVILLE, GLYN & Co., Bankors, 3, Bus de la Bourte, PARIS (France). [102]

CAKES

WEISMANN'S

BREAD.

LONG HING & CO.,

WINCARNIS

PHOTO SUPPLIES.

17, QUEEN'S ROAD CENTRAL.

154

PHOTO GOODS of every description, EASTMAN

KODAKS and CARBINE CAMERAS, &o.

FRESH KODAK FILMS IN STOCK.

DEVELOPING AND PRINTING

COLEMAN'S

SPECIALITY.

1910

WINCARNIS,

THE GREATEST TONIC IN THE WORLD.

WHAT IT has done for OTHERḥ it will DO FOR YOU: Its refreshing and exhilarating effects are a revelation to those who have never tried it before "WINCARNIS has a charm all its own, which you” cannot fail to appreciate.

The combination of all that is most nomishing in Beef and Malt is prepared in Wincarnis gives a TWO-POWER STANDARD that cannot be equalled for giving Strength and Stamina, Vitality and Force to Men, Women and Children

BUY IT TO-DAY

From any lending Chomist

MUSTARD & COMPANY

Wholesale Distributon. for China and Hongkong

No. 22, Museum Road, Corner Soochow Road, Shanghai

HUNG NOOI NAN PO

Chinozo Daily Prese

PUBLISHED DAILY,

Is the oldest and still immeasurably the bes Advertising modium among the Native Community.

Established for over FIFTY YEARS Circulates largely throughout Southern Chin

Indo-China, oto..

Terms for Advertising (Translation freal can be obtained at the Office,-10A, De Vaux Bond Central, Hongkong 131, Float Street, Lendor or from the different; Agents.

Documenta translated from ar into Classical ****Colloquial Chinese.

MARTIN'S

APIOL &STEEL SPILLS

X Francis Namady tos alikeragulavities. Thermode (3) Ladies 'nlways hung a box of Mameling Kijin the zone, no Stinson père tryi "sign" of, any Ixregularity of the "Syakan a

Birsely done

› theironar-

LANDSLAG DATE, AB Ckanmaata mod-Storea salt them #hroughout the World. or post lena_Br BONJURIN, OHamist, Southampton, Eng.

MARTIN'S APIOL & STEEL

SILVER IN 1910,

Messra, Pixley & Abol; bullion brokers, of London, in their annual circular, wrote of the silvor market as follows:-

Parchases by the Mints of the United States, Franco, Mexico and Brazil bave been unimport ast, but Bussia bas taken about £1,000,000 and Germany £250,000, amounts very similar to those taken last year. British Coin to the value £1,200,000 has been exported to the Colonies, against £413.415 last year.

completed the sale of its demonetized Silver During the year the Straits Government has

Dollars: The value of the coin thus sold was a little over £1,000,00).

SUFFERED FOR YEARS FROM LIVER COMPLAINT.. IMMEDIATE RELLEN, PAIN DISAPPEARS, APPETITE RESTORED, OLD TIME VIGOUR RETURNS.

Thus F. TOWNSEND, Esq., speaks of his

restoration.

The W. H. Comstock Co., LTD.

Gentlemon, I have been troubled with n'had increasing, but the last year for which accurate complaint and in common with others I have The production of Silver would appear to be China is particularly prone to produce this. liver for years. The warm climate of South igures are obtainable is 7908, when the world's prodaction amounted to 203.186,370 fine cunces Indian Root Pills, I tried thens and received. suffered. A friend suggested Dr. Morse's of a value of £21,7:0,000. This year we have immediato benefit, The pain in my side and received from North and South America Silver back disappeared, my appetite was restored, and to the value of £12,500,000, against £10,523,209 life, which had been a burden, has become a joy. My all time vigour has returned. They have been a God-send to me. I would not be without them on any account. They keep me well and strong.“

Beliove me, Gentlemen,

Yours most sincerely,

F. TOWNSEND.

in 1909.

The immediate outlook for the market is somewhat uncertain. Though there is a large amount of produce, larger, probably than at this time last year, still to be shipped from China and India, the visible supply of Sliver in Bombay, Shanghai and London is unusually large and compares with the Stocks at the end of last year as follows

IS LIFE WORTH LIVINUP. That depends on the Liver." This is an old adage, true in more than one sense.

When the liver is out of order life is a bardon. Headache, loss of appetite, furred tongue, bad breath, bad taste in the mouth, spots Boating before the eyes, constipation, loss of vigour followed by more serious symptoms are the result of an inactive liver. Dr. Moreo's Indian Root Pills have a world-wide reputation as THE GREAT LIVER REMEDY and DIGES FIVE 1910. TONIC.

The improvement which took place towards the close of 1909 was maintained until the 25th February, 1910, when the unexpected announce. ment that the Import duty on Bar Silver would be largely increased, caused heavy selling order to be sent from Bombay to this market, so that on that day quotations here folld. This was followed by some smaller declines which brought the price down to 23 d. on the 1st March. From this point, however, under the stimulas of support from India, where confidence had to some extent been restored, and also from China, the market steadily recovered during March and Aptil, while during May and Jane prices remain-

The Cobalt district of Caunda continues to ed steady between 243d, and 2448d. During this produce frealy. The production for 1910s period also a group of Indian speculators were estimated at 28 million runces, aminst 24 buying steadily, and eventually had control of numillions in 1909 and 20 millions. 1908. The enormous amount of Silver, which at one time tots production of this camp from its discavory was estimated to amount to upwards of to date amounts to about £9,600,000, and £4,000,000. Early in July alarge portion of the judging from the ore reserves in sight at the Stocks in London was controlled by this group, present time it is considered probable that it while sales to a considerable amount, chiefly for will produce a total of £20,000,000. The rest of account of Chien, fell das, and the ballers, not Canada should produce about 3,000,000 ounces having shipped the Silver from China, wore during 1910... forced to buy back here on the best terms they could. This led to a sharp upward movement and Spot Silver was forced up to 253d., while Forward was quoted at 243d, only, a premium of d. on Spot Silver. As soon as this position had been pat straight the market reverted to the position of May and June and so contianel during August and September, with an upward movement during the latter month, when the eling quotation was 243d. About this time much attention was directed to India and China, both of which countries were reported to bó assured of most excellent crops. The outlook for Silver was regarded as most favourable, an it was considered possible that the Indian Government might find it necessary to bay Silver for the coinage of Rupees, whilst "China was expected to be a good bayer for payment of her Exports. This important increase of nearly £3,000,000 It was also at this time thought, proable that in the visible supplies of Silver in these markets the Indian speculators would under these should go far to meat the probable demand from circumstances have a favourable opportunity of China during the early months of 1911, but it unloading their large holdings. These influen- must not be forgotten that much of this Silver cos cansed a sharp advance during October, but is undor the control of the speculators referred the movement proved to be prematurs and the to shore, so that the coarse of the market will quotation, after touching 2614, gradually fell greatly depend upon how they deal with their daring the latter part of October and November holdings. Another uncertain factor is that and the market remained a stow and heavy one whilst at the moment there seems little prob- until the end of the year. Several causes ability of the Indian Governmont having to buy contributed to this dulness, amongst which for coinage this season, yet there is a possibility may be mentioned sales to China by should the export of product become very brisk the Indian speculators, which were very and Gold be imported freely, an operation which large during the closing weeks of the is, at present rates of Exchange, a profitable year, and delay in the shipment of produce from orA India, owing to the heavy rains in the late Au tumn and consequently the improbability that the Government of Ladia will be à bayer of Silver this epison.

Stock in London

J

Shanghai Bombay

On the sea from Lo

don to Bombay and. Shanghai ...

1909.

£ 560,000 £2,000,0^0 They secure regularity of the bowely. 2,250,000 2,300,000 activity of the kidneys, parity of the blood, 1,100,000 2,400,000 and impart strength and vigour to the whole ayatom. They are a safe and reliable remedy for bath saxes and all ages. N

630,000 700,000

£4,540,000 £7,400,000

THE SILVER OUTLOOK,

FAR EASTERN INFLUENCES.

For sale by all Draggists, Chemists and Medicine Dealers.

WATKINS, LTD., Wholesale and Retail Agents, Hoogkoog.

1313]

THE HOUNDSDITCH SENSATION.

The following telegrams in Fouthern papers concisely state the developments in this extra. ordinary affair:

London, December 29th. house occupied by Morountzeff (alias Goldstein) The translation of the lotters found in the at Steppey is not yet completed, but suficient is known to open up a new avenue of inquiry in London, and on the Continent. A Government expert's opinion is that although ounceivably the contents of the botties discovered in Moroant- zaffe domicile were and is manufacturing ex- plosives on a small, solo, there is nothing to indicate that explosives were relually manafaq tared in the house. The police consider that the

Moronatzeff lived, states that in the middle of Mrs. Knott, a lodgar in the house where one night not long ago she heard a loud bang. which shook two pictures from a wall of her room, and smashed several glasses. She now believes that the noise was caused by an

explosion.

The police have discovered the existence of several explosive factories in secluded parts of the East End. They have also discovered in Whitechapel 40 places where anarchists are lu the habit of meeting

The position in India has throughout the year been somewhat unusual. Starting with a Block in Bombay of about £1,000,000 with ` nearly The lassitude of the past year's business in robbery at Houndsditch was planned in order to £500,000 mere on the water, Stocks have always ber silver was caused by the operations of the In-raise money for the manufacture, of bombe on a A Terra bean ample, though shortly after the increase in disa speculative group. The magnitude of their large scale for export to Russia. the Import duty, owing to limited shipments commitments, exceeding any heretofore, except Thames was recently seized at St. Paterabarg. consignment of bombs shipped from the from Londen, they did not emoant to more than ander Government auspices, is estimated to bave £300,000. During the closing months of the at one time considerably exceeded £4,000,000. year Stocks have been in the neigh We say estimated, writes Messrs. Samuel Mon- bourhood of £2,000,000 and at the close tugu & Company, because the reage of their of the

year are £2,400,000. Early in operatique was an extended, and so largely on the year

there was a good up-country paper, besides in actual silver, that definite fig demand in Bombay auil the offtake was satisfnores are rendered impossible, Part of these tory, bat,

already maentioned, on the 25thholdings in actual silver was stored and financed February the market received a severe shock by in London and part in Bombay. the increase in the Import duty from 5 per In their own interests, smelters in the cent. ad valorem to 4 anoss per ounce, which at United States base combined so as to lessen current prices equale about 16 per cent. This expenses, ensure uniferm, excellence of their practically trebled the duty, and an immediate predacta, and obtain the advantage of handling felling off in consumption was noticeable, large amounts at a time. It is to their credit, Though the offtake again improved a little and to their advantage, that they have always later, it has during the the year been rather disappointing, though at obtain the best average value for their silver is latter part of met the market fairly. They are aware that to the close again showing some improvement. far more satisfactory than to hazard their profile Shipments to India during the year amount toby jageling with the market; for in the png £7,188,00), against £6,706,000, in 1909, whilst run the price of silver finds its own level. The on the 31st December some £500,000 were in object of the group was to parter in for them transit from London, against the same amount selves the profit expected to secrue from the at the end of 1909. These figures cannot be prosperous outlook in India, which, it was hopod, taken as strictly sovqate, as shipments declared would necessitate purchases by the Indian for Indis are often sent on to Chine, while in Government, in 1910 for coinage to keep pace the same way shipments to Chinaares metimes with the expansion of trado, diverted to India. The large holdings of Silver both in India and London by the Indian spoor- lators have had a depressing influence on both markets daring the latter part of the year and have tended to check enterprise. At times this group have made important sales to China, some of which were replaced by fresh purchases here, but their holdings at the close of the year are very much reduced.

The Indian Government has again made no purchases of Silver, and at time of writing it Seems improbable that it will have to buy this reason. There is little doubt that the use of Gold for commercial transactions is tncreasing. and this naturally relieves the drain on Silver Rupees Tho delay in the shipment of produce also tends to postpone the demand for Silver Coin to a date when its effect will not be so much felt, as during the early months of the year Beranno skontd flow into the Treasury. The total holdings of Silver Rupees in the Treasury is now 2 Crores (at the Exchange of 16d. to the £ equalling £21,400,000), against 383 Crores (£25,833,000) at the end of 1909. The holdings of Silver Rupees in the Gold Standard Reservo, which at the end of 1909 amounted to 81 Crores, now |total 33 Crores. ⠀

China has again been an important buyor, not only in this market but in San Francisco and Bombay as well. While at times, she has sold freely here, actual shipments against these sales have baen smell and the Silver has been re- bought when the price of Silver and rates of Exchange in China have been favourable. This Empire has been favoured with excellent crops of sil kinds, an important item again being Boya Besus, estimated this year to amount to £5,000,- 000,but the export of the produce hasbeen greatly delayed by failures amongst the Native Banks, caused by undue speculation in Rubber. During the closing months of the year the export of produce has been brisk, but the demand for Silver by the China Banks has been freely met by the Indian speculators, so that the market shows no improvement as a consequence of this [173 enquiry. Shipments from London to Chios during the year amounted to £1,481,000, against £2.128,000 in 1902, whilst in addition China has received £1,400,000 from San Francisco, against about the same amount last your. A portion of the shipments from London was coined into British Dollars by the Bombay Mint. Dilicts have beag issued in China to establish a uniform system of Silver Carroney throughout the Empire in place of the elastic system of weights of Silver aud Dollars now in use, whilst it is understood that

London, January 6th. At the inquest on the bodies found in the

the head, not self-inflicted. The second w Sidney Stroot house, the medical evidence showed that one died of a bullet wound in shffocated. Both men were small, proving the beither was "Pator." who was of fine physique. were sighted to 1,500 yards. Hence the soldiers Counsel explained that the assassins' weapons were requisitioned, while a great forme of police was required to surround the vicinity, control the alien crowd, a keep them out of danger.

The Inspector commanding doposed that he prevented the firemen from extinguishing the flames in lace of the murderous shooting.

London, January 9th.

The moment for entering upon such a colossal performance as cornering silver requires nice calculation. Not only must the angar divine

At to-day's inquest Mrs. Gershon also deposed aright the entrails of his Indian victim, but the horoscope must be consulted; the probable mofe- that the two men terrorised her and tormed her ments of Chien trade, the money market, and out of her room, warning her with threats not She said that Joseph the world basinerspecition of silver must be taken to tatray their presence, into account, before control can be relied in to had shaveil off his woustache. She knew noth- continue effective. If entered upon too soon ing of their business, the burden might prove too onerons; if entered

Londen, January 10th, upon too late, the price might rise to auch a The moial cases found in the debris of the figure that it might prove too risky to lay in bosse in Sidney Street have proved to be imple- ments for paneling leather buttons for mat- trees.

stock.

The "dens ex machina" which prevented mishap was the phenomenal demand for the Far East to seitle the balatice of trade, largely increased by the sale of rubber estates in this large, the speculative group were not only able market. Deports from China being unusually

to sit tight, but also to turn out a portion of their holding without material loss, oven after the heavy cost of carrying was reckoned.

ME. WINSTON CHURCHILL'S "DO NOTHING" INSTRUCTIONS,

*

Lo don, January 9th. The magistorial enquiry into the Sidney Street and Houndeditoh affairs is likely to bo protracted. The proceedings are complicated by the difficul tos of interpreting the evidence, many witnesses. speaking only Yiddish and RussION.

What would have happened if China's balance

At to-day's inquest on the remains recovered had turned out the other way, if silver had had to be sold on China acount, and 10 or 15 per from the Sidney Street fire, Mrs. Gershon, who cent, more margin bad becomes ocaspary, can lived in the besieged house, deposed that the two wall be imagined, but tlie extent of the fall in men, of whom she had known one, named Josaph, the price if £1,000,000 had had to be put slightly for some time, same to the house on the suddenly on the market cannot be so easily ganged. As a matter of fact, the bulk of the ailver is still held and the ultimate isene is in abeysics.-Fall Mall Garette.

THE PORTUGUESE. GOVERNMENT.

QUEEN MARIA PIÀ'3:FENSION,

A decree hs been published providing that the contract between Portugal and Italy for the endowment of Queen Maria Pis, the grand- mother of Mancel alall be carried out until the meeting of the Portuguese Constituent Assembly, and that instalatents of two contos of riais (£445) shall be paid monthly,

The Oficin Gazette published decrees (I.) dealing with the goods belonging to the religi ous congregations and now in the possession or the charge of the State; (II.) appointing a committee for protecting homeless and destitute minore under 16 fogod in Lisbon.

GERMAN BANK AMALGAMATION,

Messrs. Schickler Brothers, of Perlin, a bank.

B

NAPIER JOHNSTONES' “SQUARE BOTTLE” -

WHISKY.

BEWARE OF

UNVALIED FOR

THE SAME TO-DAY

AS IN

150 YEARS.

1745.

IMITATIONS

SOLE AGENTS IN HONGKONG:

LANE, CRAWFORD & CO.

and from ALL WINE Merchants. ~[55,

MITSUBISHI GOSHI KWAISHA.

・・・ ・(MITSU · 'BISHI (0.) COAL DEPARTMENT. SOLE PROPRIETORS of TAKASIMA

OCHI, MUTABE, HOJO, KANADA, NAMAZUTA SAYO, SHINNEW

and KAMIYAMADA, Collierier.

SOLE AGENTS FOR

KISHIDAKE Cost.

HEAD OFFICE MARUNOUCHI,

TOKYO.

BRANCH OFFICES-NAGASAKI, MOJI, KARATSU, WAKAMATSU, KOBE, OSAKA, SHANGHAI,

AI, ABC 5th Ed., Western Unions

HONGKONG, HANKOW: Coble addresses for abora, "IWABAKI "

A

Codes,

* AGENCIES

YOKOHAMA M. ABADÁ, Esq. CHINKIANG: Moers, GRABING & Co. MANILA: Messrs. MACONDRAY & Co.

For Partionlara apiply to

H: OISHI, Manager,

No. 2, Pedder, Street, Hongkong. Hongkong, 9th January, 1909. (574

NERVOUS EXHAUSTION

LOSS

MEMORY

ond "DEBILITY

PLAZ

to

fied the NERVES

CHAPOTEAUT'S PHOSPHO-CLYCERATE DP LIKE

It increases vital energy and nerva force, cures Hourusthenia, Dyspupela, Insomnia, and neroaus dizensor în adults and children.

IK CAPSULES, IN WINE, AKO IN SYRUP

103-43

night of January 3rd and insisted or stopping. AS SUPPLIED TO THE HOUSE OF The inference from her evidence is that there were only two men in the house-one Joseph LORDS AND HOUSE OF COMMONS and the other Fritz Svaare, not "Peter the Painter,"

On the question of responsibility for the in action of the firemen being raised, Mr. Edmonds, the fleer in charge of the fire brigade, said it would have been impossible, to attempt to on- tinguish the fire when he arrived without being shot. The police referred him to Mr. Winston Churchill as boing in charge of the operations. He went and asked for Mr. Churchill's instruc tions and was given to understand that nothing could be done for the present. He waited for an hour and hon put out the fire in ten minues.

Police Superintendant Stark deposed tha" he was standing Leside Mr. Churchill when Mr. Edmonds came up. It was he, Stark, who instructed Mr. Edmonds not to advance.

Mr. Podkio, oounsel for the Treasury, ox- plained that the police had no wish to decline responsibility. for preventing the firemen getting killed.

The proceedings were adjourned until Jan-- uary 18th

SUPPOSED HOUNDSDITCH SEQUEL,

A man, arrested and charged with being ing establishment founded in 1712, hau been concerned in the Clapham mystery, has been

THORNE'S

OLD VAT

Bart of a loas, which has been arranged for suisigamated with th Sem of Messrs, Delbrück, oranled. He is described as Stinn Morrison SCOTCH WHISKY.

with European and American Banks, is to Leo & Co., of that city. The amalgamation and is a baker, aged twenty-nine. He is a Bus- be used for the institution of the necessary takes affect from the 1st of January next The sian or Prussian, and is a tall, dark, well-dressed, reform. Until a genuine commencement is new from will, under the Litle of Delbrück, handsome Jew.

made with the new Coinage, it would be rash - Schickler, & Co., have's capital of 70,000,000 "A dėtostire gave evidence that there had been to cenot too much on the benefits that would marks, and will be under the management of Mr. blood on the prisoner's enffs, collar, and tie. undoubtedly acarua from the placing of the Car Ludwig Del rency in Chind on a sound footing..

Joerger,

SOLE AGENTS AN

HONG KONG, CHINA & MANILLA:

117

J