1911-04-25 — Page 5

Page

"LOOK ALIVE!"

is one of the many casual every day tafarctions whérata turke much uneticad wisdom. The man who fooke alive is always and avarywhere successit, fe – business it is the "'ilve** man who gets to the top fociety it is the active: gracious, agreeable person who ti most fun'alter: se thadömörítectrcia it is the chourful member who most completely wins and holds our affection. Thera- fors took allvel you are suitering from anything which robs yan of your healthy ulsetness stšanā to the trouble at çoca nad dont rest umilla core is ef fected. Ef you suspect tünt dyspogabsormuy disordered stateofthe stomach, liver, or bowela, la sapping your vitality, it is certain Abat without delay, you should

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*

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163-4

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245]

We are the largest Dealers in the world. Write for Handbook, vent post, free,

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3, Rue de la Boarse, Paris (France).

As a precaution against the constant risk of infection, remember that washing with

CALVERT'S

No. 5 Carbolic Soap

is a healthy habit, for either personal use or household purposes-and it is not expensive.

"Local-Dealers sell it Makers-FG CALVERT & CO., Manchester, England.

力發

汽水樽

COLEMAN'S

477-

WINCARNIS,

THE GREATEST TONIC IN THE WORLD,

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

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BUY IT TO-DAT

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"THE QUEEN OF

TABLH

EDT

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NATURAL

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MINERAL WATER.

GRAND PRIX, Brussels Exhibition, 1910.

THE HONGKONG DAILY PRESS, TUESDAY, APRIL 25TH, 1911.

CHARTERED BANK OF INDIA,

“AUSTRALIA AND CHINA.

The 57th Ordinary General Meating of the shareholders of this company was held on March 29th at the Bank's promises at 39, Bishopsgate, Sir Mostaga Cornish Tarar (the Chairman) presiding,

Mr. T. H. Whitehead (one of the managers) read the notice convening the meeting, and the directors' report and the accounts were taken us road.

with tariffs.

JAPANESE COMPETITION.

of

the

of

Gentlemen, the energy and enterprise of Japanese traders, especially those engaged in textile goods, is making itself more and more apparo it in their competition with the foreign traders in Afsuchuria and in North China. This is to be expected, and must be met by ronewed efforts and ronewed determination on the part of European merchants. In the Straits Settle ments and is the Federated Malay Etales we have had our full shore of the increased business ari-ing from the great development of the rubber industry. I am glad to say that the Straits Bettlements are at the moment in such a happy and prosperous condition. In Ladie, Burma, and Ceylon trade has been very good during the past year although in India and Burma the season is somewhat later than wenal, but thanks to a full and ample rainfall in the past year and in the past winter, Initia is in kighly prosperous condition. We mast pot, however, overlook the fact that as regards India the jute industry in Bengal and the cotton industry in Bombay are at the moment in a somewhat depressed con

Federated Melny States. But as regards the cost of the establishment, we can assure the

gristors that the keeping down of expendi tere consistent with efficiency is a matter which is constantly engaging the attention of your directors, Gentlemen, have no further remarks to offer, and I now more "That the report now presented, togather with the balance-sheet and profit and loss socount, be approved and adopted." Bir Alfred Dent, K.CLM.G., briefly expressed bis pleasure in seconding the motion.

he

B

Cuthbertson seconded the reso

On the rastion of the Chairmas, seconded by Mr. Lewis Alexander Wallace, Mr. W. F. Mitchell was anaimously elected a diccator.

G.C.SI, afterwards proposed, and Mr. William The Right Hon. Lord George Hamilton, Henry Neville Gaschen seconded, the re-elec tiun us a director of Sir M. C. Taruer, and the resolution was unanimously agreed to; and Mr. L. A. Wallace was afterwards re-elected to his sent at the Beard, on the motion of the Chair may, keeonded by Sir A. Dent.

On the motion of Mr. H. M. Ross, seconded by Mr. H. B. Henley, Mr. Magnus Mowat and Mr. William Adolphus Browne, F.C.A., were re-elected auditors of the company for the en

MaiDy year.

utler Famer & C

the Wine Merchany of the East

NAPIER JOHNSTONES'

| SQUARE BOTTLE” ·

WHISKY.

UNVARIED FOR OVER

150 YEARS.

THE SAME TO-DAY AS IN

1745.

BEWARE OF IMITATIONS.

SOLE AGENTS IN HONGKONG:

LANE, CRAWFORD & Co., and from ALL WINE MERCHANTS. V

[56

MARTIN'S

SAPIOL & STEEL PILLS

Ji French Fready for all byengulaṛitīga. Thomanda of Zadar kinays keep a box of Martin'e Fibs in the homes, so 1283 On the last sign of any Fragmanity, of the Spatares tanely dose may ba némistaterad. Than Wha hezo urotrend shams, kapse Solreror A13 Chemlade and Stores vali thera shrouchoul kom World, de pak Ira Ka MARTIN. Chamül Bostkampson, BAL

MARTIN'S APIOL&STEEL Karda PILLS

BIBLE TERCENTENARY.

THE ALDUET HALL MEETING.

A great mooting was held at the Albert Hall on the night of March 29th to commemorato the 300th anniversary of the Authorized

SHIPPING IN PORT.

STEAM CRA

AMIGO, German str., 822, W. Langschwager, 14th April--Haiphong 11th April, Genera

Jebsen & Co.

ANGHIN, Cerican str., 1,001, Hinkwitz, 12th April-Bangkok-and Swatów 11th April Rice-Inttorfall & Swim.

ASALI MARU, Japanoso str., 1,749, Nakano,

11th April Mají 5th April, Coal-Mitsu Butsan Kaisha.

BANRI MABU, Japanese str., 2,369, Y. Maso,

8th April-Karalan 2nd April, Cost Mitzi Bussan Kaisha,

BENALDER, British str., 1,959, A. Tough, 22nd

April-Voji 16th April, Coal-Showan,, Tomes & Co.

BUNDAI MARU, Japaneso stř., 2,000, T. Miya.

Faki, 6th April Miko 1st April, Caal- Mitsui Bussin Kaish

CHOSHUN MARU, Japanese str., 1,301, T. Infanguchi, 22nd April-Swatow 21st April, General-Osaka Shosen Koisha.. CHOYSANG, British str. 1,424, Courtney, 21st

AprilShanghai 20th April, Gozorel Jardine, Mathieson & Co. CHUNSANG, British str., 1,418, Maticok, 18th April-Port Courbet 15th April, Coal- Order.

DAIYA MARC, Japanese str., 2,798, K. Kobaya -shi, 20th April-Moji 15th April, Oual-

Mitsu Bishi Goshi Airaishin.

DEYAWONGSE, German str., 1,057, E. Gathe- Tan, 22nd April-Bangkok 140h and Koha chang 15th April, Rics-Butterfield & Swire.

EMPLESS OF INDIA, British Ble, 3,032, E.

Beetham, 14th April-Vancouver, BC,. 22nd Maral, Meileand General-Canadian Pacific Railway Co.

FEI, Norwegian afr., 860, Anderson, 19th Apri

13th April, Beans-Aagaard, Thoresen & Co.

GREGORY APUAR, British str., 2.961, S. H Belson, 2011 April-Calcatta 4th, Penang 10th and Singapore 14th April, General- David Sasson & Co., Lil.

HAITAN

Britimb str., 1.183, J. S. Roach, 23rd April-Foceber, Amoy and Swator 22nd April, General-Douglas, Lapraik & Co. HANYANO, Brilish str., 1,877, G. I. Spink. 28th

March - Tsingtau, Chefeo and Weibiwoi 23rd Mar, Salt, &o.-Butterfield & Swire. HELENE, German, str.. 771, H. Bondixen. 20th April-Hollow 19th April, General- Jebsen & Co.

1

HELLAS Norwegian str., 860, A. Kundsen, 22nd April-Oral ton 6th April, Sandal- wood--Angaard, Thoresen & Co. HCICHOW, British str., 1,217. G. Hooker, 19th April-Tientsin 1th April, General- Butterfield & Swire,

JAPAN, Erith sir, 3,806, A Stewart. 21st April Moji 17th April, General and Coal

David Bussoon & Ĉa

The Chairman-If any shareholder wishes to make any remarks or to ask any questions, The Chairman then said:-Gentlemen, before: he will pleaso de so now before I put the resolu

tion. After

and no

no shareholder rising I introduce the first resolution I will offer a

to address

the few remarks in regard to our business of the which was carried unanimously. Continuing

ho meeting.

the Fat resolution. past year. The past year has besu one moderate and atoady demand and trade through. proposed, "That a dividend at the rate of

15 per coat. per annum.

m. free of, income-tax, for out the world. In sowo quarters circumstancos

the half-year ended December 31 last be now have occurred which haya in a measure in.

declared terfered with the ordinary flow of industries. In the Far East--in Shanghai, for example-lution, which was aasnimonsly adopted.

Mable on and after the 5th proximo." wild speculation in rubber shares and consequent collapse of credit in native banking nireles brought abcat an acute financial crisis, the ill-effects of which were partly averted hy strong and united notion on the part of the foreign

banks supported by the Government Peking, through the agency ht

ht the local Taotai, but the offests of this financial crisis were felt for some considerably time, and provada decided set-back to our trade in North China. Ther; in Manchuria, an outbreak of plague of a particular ly virulent form completely

paral reed for a time the export trade of Manchuria, I am thankul to ay that the latest reports from Mauchauria indicate that the plague a less severs than it was, and we may fervently pray that it may not extend beyond its present limits. In Japan wo have had to contend with a period

Mr. Ross-Vr. Chairman, the seventh resolu of cheap local money, and at the moment there are indications of over tiouad I ventures to think the shareholders trading in certain quarters, brought about by a will agree with me when I say the most important desire to anticipsis the increased scale of tarifs, That the best thanks of the simreholders which, we presume, will come into forse during be given to the directors and staff for their gue- the year. This overstrading has produced the cessful management of the Ponk." I am sure ovor-stocking of certain goods, especially woollen we are all pleased to seo that the Chartered goods, and the effect of this has boot the failure Bank of India has returned it old lovel of already of several small traders. I think this is profits after a year in reference to which our just an illustration of the danger of tampering remarks regarding a somewhat less favearable worthy chairman had to make some apologetic

balance sheet. It goos without asying that wa are all deeply indebted to the directors for the success which has been attained in the past year, and I am sure we are all heartily grateful to them; and in adding a word or two so that the vote of thanks applies likewise to the staff, 1 thick we shall all rejoice that the staff has received its 10 per cent. bonus this your-hear. her) which it did not receive last year. Long may it continue! (Hear, hear.) I do not know if I am quite is order-perhaps my time has passed for making any comment on what you said, sir, and if so, I trust you will stop vote of thanks, you could explain a discrepancy me-but I wish to ask if, in replying to this which struck me with regard to what you said about the import of silver and what Fleetwood. appears in the Budget of Sir Guy Wilson. He congratulates himself upon the very great increase abore his ostimate of the silver duty-almost donble what he estimated whereas you, sir, speak of the decline in I have no donht the imports of silver. your

how it comes about that such a discrepancy should be made manifest to With regard to what you said as to the or the lessened non-absorption of silver, absorption of silver, in India and the greater

After the Archbishop of Canterbury had absorption of gold, as a mere humble share holder perhaps I way be permitted to say that reminded the audience of the events which led this is perhaps a phase of Indian prosperity which is seen whenever high prices prorail for Mr. Asquith, who was at first subjected to a to the preparation of the Authorized Version, the raw prodaes of India. In the old days the American colton famine we read that the suffragist interruption, spoke of the effect of peasable of the Bombay Presidency shod their the English Bible upon the life and litoratare of the country, and went on to say that there exen with silver; and whenever high prices Lava Faled for produce, in my experience, there has could not be a waithiar or more appropriate been a large absorption of the precious metals, monument of the Tercentenary year than that

Hamburg-Amerika Linie. Lat-ly it has tended more and more towards it should witness the sealing of a solemn fact feature in India's trade requirements, and spoke previously it was silver. I think it is hotween the English-speaking peoples, which MONGOLIA, American str., 8,750, H. E. Morton, of the striking economy in the wwo of repees.

22nd April-San Francisco and Manila He referred to the foot that whereas daring the advantageons as regards the bank, that it shoul should pat as a once and for all to the au-

20th, April, Mails and General-P. M. thinkable possibilities of fratricidal strife

8.8. Co. The American Ambassador, who followed, period from April to December we usually see end more ned more towards gold; because, in years of good. trade a large absorption of recognizing, as you, air, have often done, rapeas, in this past year, so far from this being that the prosperity of this bank in the fatoresaid that the Bible had furnished the most PERING, Swedish sfr., 2217, &. Eggat, 23rd April-Antwerp 9th. Marol, Goperal- Olof Wijk & Co. the case, there was actually a return of rupees depends so largely upon the raaintenance of the indestructible load for the present practical into the surrency department, so that gold standard, the fact that gold is passing into aity of the grost English-spesicing family of the Government of India are in a much strenger circulation in India must be a satisfactory fra. nations, which couped over one-fourth of the QUINTA, German str, 1.146, Danieleen, 22nd babitable surface of the globe and governed April-Wakamaten 14th April, Coal-

Wieler & Co. financial position as regards silver that other ture. If you will refer, sir as, probably you have nearly one-third of its lahabitants. As a result wise would have been expected; and as regarde dore already to the Budget statement of six of the community of aims and aspirationa the imports of gold, we find that in 1908 the Guy Fleetwood Wilson, you will see, that heatwran those nations, which had originated SARANAC, British str., 1.235, F. W. Gmy. 5th imports of gold bars and gold coin into India mantiens that a mathing like 23 orore: of rupees from their common possession and use of the imported to 27,000, 91, in 1909 10 £10,000,000, were issued in 1905-6, or, roughly, 14 to 15 Bible, came the recent statesmanlike proposal and in 1910 to £18,000.030, so that the imports millions sterling. Those rupees came back, as of gold coin and gold bars in 1910 axceeded you may recollect, in 1907-8, and depleted the cf President Taft, and the inspiring response of 28,00,000, to fear by no less than gold standard reserve to the extent of 14 mil. King George through Sir Edward Gray,

we find from the figures given lions sterling-one of the most dangerous fea promised to make war between any English by the Government, that gold in the Indian tares of the sitation for this bank of gold speaking peoples impossible currency reserve increased during 1910 only to standard scheme generally that has ever been the extent of £1,300,000; so that during 1910 know Therefore the fast that the rapes na loss tlmo 163 millions of gold disappeared circulation has not been added to may be a most into-eixenlation or was hearded by the natives favourable factor for the future of this bank

(Cheer) of India Thes, against that, we find that in

seconded the motion, and it WALB 1910 thin port of silver luty India was loss by---- 15,000,090oz. than in the propious year, but at asinous riding a the end of 1910-the amount of silver in Bombay

The Chairm

Chairman-I think, Mr. Boss, that the in stock had increased by some 13,000,000oz, discrepancy or the difference between the and from this we infer that India in 1910 ab ures which I quoted as regards the sorbed loss silver to the extent of £2,500,000 import of silver and those quoted by Sir Guy during

than she did in the previous year.

Fleetwood Wilson is due probably to the fact I shall not attempt to put forward say reasons that I took the figures for the 12 months for this striking feature io regard to India's ended development, if I may say so, in the use of gold, Fleetwood Wilson has taken those for the myart when I was last in India financial year of the Government of India, which that it was quite a common thing to see sover. I think ends on March 31. But I do not think eigns used by travellers going through India. you can get over the fast which I mentioned, Instead of carrying about bags of rupees you that there has been a grest decline in the import now carry your pockets full of sovereigas. I of silver. Well, gentlercon, I out on my legs

"I can speak, I am sure, for my follow- was told yesterday that at Labora and Uuritsur really to return thanks for the kind way in local pleaders and barristers are now paid in which you have supported Mr. Ross' resolution countryman in congratulating you on 20 gold

instead of rupees; and I have also heard of for a vote of thanks to the directors sad the significant a commemoration."

staff of this bank. I can sarure on that we do At the suggestion of the Chairman, the case in which one of our biggest importers, instead of seading rupees, as they usually did in our very best, in consultation in this rooms, to audience stood up as a mark of their apprecia provious pears up to the distributing centres look after your interest and to bring about tion for this message from President Taft. where they bought their produce, are now good results, and the efforts that we make are sovereigns, and they do in order to nobly seconded by the managers and the staf of Harding, su

657-2

dition. In both cases the immediate capse is could ges are correct, but perhaps you Vornion of the Bib'o. Lord Northampton, Pro-

the high price of the raw material, coupled with the absence of response in the price of the manufactured

Goaliemen, we goods.

are nooustomed to these little ups and downs in our jute and cotton industries. Both are based on suck solid foundations that we need have no cause for fear or apprehension for the future.

THE INCREASER USE OF GOED IN INDIA

A romarkable feature in connection with the trade of India has been the decline in the import of silver and the great increase in the import of gold into India during the past year. In his recent financial speech in Calcutta Bir Guy Fleetwood. Wilson referred to this remarkable

those of the

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[386

MAIL TABLES

FOR 1011.

Shows the dates of departure of the Mails

THORNE'S

OLD VAT

A

are ent. But there is the fact that gold is a being used and may be still more ext-asivoly used in India. What the effect of this will be I do not venture to say, but we most certainly hope that with the development of the use of grid is India the world's outpat

will

incresse also

at gold

the same time. At present I do not think we need have any fears on the subject, because the gold output

ed the world has steadily increased the past few

few years. Gentlemen, the directors have elected Mr. William Foot Mitchell to a seat on the Board, and you will be asked to confirm his election to-day. Mr. Mitchell, as you know, has a large and varied experience in Japan, and his great business capacity will prove him a source of strength to your Board:

of

Decomber 31, 1910, and that

possibly do, and I can only say that I hope and trust we may be able to meet you next year with good a result as I have shown you to-day, and per aps even better. (Cheers.)

The proceedings then terminated.

PRESENTATION TO MR. JL.

CHALMERS.

sidst of the British and Foreign Bible Society, presided, and the principal-speakers were the Archbishop of Canterbury, the Prime Minister, and the American Ambassador, Mr. Whitelaw

Reid,

which

Bibl

The American Ambassador afterwards read the following memago from President Talt:

"It affords me very great pleasure to presant through Mr. Reid my congratulations to those who in the Mother Country are commemorating so sigual a historic oven: as the publication of This Book of Books bus Dot only supreme in England for three centuries, bat has bound together as nothing else could two great Anglo-Saxon nations, one in blood, in speech, and in a common religious life. Our laws, our literature, and our social life owe whatever excellence they poses largely to the influence of this our chief classic, acknowledged

such equally on both sides of the sen.

J&

"Americans must, therefore, with unfeigned satisfaction join in thanksgiving to the Gat of the Bible, who has thus bound together the Old and the New World by so procions a tio.

SIR HIRAM MAXIM'S RESIGNATION.

THE INVENTOR AND AVIATTAN. The London Times of the 23rd ultimó says:'— We are informed that a skort time ago Sir Hiram Maxim tendered his resignation as a director in the firm of Vickers, Sone, & Maxim, to take place on his 71st birthday..

Sir Hirata has served continuously na s A pleasant function took place at the Statis director for 27 years; first, in the Maxim Qua ties Department, Inspectorate General of Company; then the Maxim Nordenfeldt Gra Customs, Hart Road, Shanghai, last week, when and Amannition Company, and, lastly, for the members of the staff, European and many years with Vickers, Bone, & Maxim Chinese, assembled to express the bigh esteem (Limited). It will be remembered that Colonel in which they held Mr. J. L. Chalmers, late Thomas A. Vickers resigned a year ago.

Sir Hiram Marim stated to a newspaper Statistical Secretary, who is reing on Home leage. Two of the senior members of the stat representative that his reason for tendering director way that (Mr. Bright and Mr. Ting I-bsien), when hand his resignation a 0. ESTABLISHMENT COẾTH: NEW AGENCIES. ing their late Chief, on behalf of the staff of he wished to releau to his old love-namely, As regards the balance sheet and the proposed the Department, a beautiful silver bowl, hearing to devote the whole of his time to Bring

sion of net earnings, I do not think I need a suitable inscription, spoke of the ability and

machines. He had decided to join with Mr. division

Grahame. White and M. Blériot for the purpose n any partionlar item. The cost of the courtesy that have invariably characte ized his

be used we: of developing a new seroplan to establishment grows, as a matter of course, with incumbeney. The inscription road as follows: time of war, which he personally thought would the development of business a

and the opening of Presented to J. L. Chalmers, Esquire, by the meet the requirements of the Government. now branches. I forgot to mention that daring staff of the Statistical Secretariat, Inspectorate- the past year we had opened two agencies in the General of Custome, Shanghai, April, 1911" la They would, he said, makes machine that would Federated Malay States-at Klang and Berem replying Mr. Chalmers, who was visibly affected reconnoitre the casey's position, carrying no ban-szu we have sanctioned the opening of an by this display of good will on the part of his load at all except a navigator, and a farver agonoy at Ma'soca. This we have dous to meet colleagues, thanked all heartily on his own sad machine, not so speady as the Brat, which would The meeting then be able to carry a 5001b, bomb, charged with the requirements of the trade and the wishes of en Mrs. Chalmers' behalf. our constituents. We cannot do ta much disparsed, after giving thres hearty cheers to high explosives, over a distance of 40 miles, and

return to the point of departure. 565 to meet the wishes of our friends in the Mr. Chalmer-N-C. Daily News

to Earope and Americs, and the datas of their SCOTCH WHISKY.

expected arrival at their destinations, as well as the dates of retura Mails.

Mounted on Card

12

30. Ceula 20. Ou Paper On Sale at the Hongkong Daily Press Office.

Hongkong, 6th February, 1911.

SOLE ADENIE VË

MONG KONG, CHINA & MANILLA, SA.S. WATSON & CO.LTD.

dwell

in the

KIANG CHING. Chinese str., 1.002, Hoissander,

16th April-Chinking 12th April, General":

Tong Lea KLANG PING, Cuineen air., 1,222, 17. Odden, 26th April-Chiukiang 15h April, Bails and moral-Tung Loc. KNIVSBERG, German str., 646, H. Niljabr, 23od

April-Singapore 14th April, Timber- Jobson & Co. KWANGTAH. Chinoso str., 1,535, Stewart, 22ad

April-Shanghai 19th April, General- C. M. S. N. Co. Loosok, German str., 1020. G Sobultzar 21st April-Bangkok 12th April, Generat -Butterfold & Swire. Examoos, Carmen str. 2,000, x. Pilgrim,

10th April-Saigon 7th April, General

Sander,

April-Pulo Sambao 29th March, KarooED

Standard Oil Co. Sr.KTANO, Frosch str...615. E. de Catalano,

23rd April-Haiphong 21st April, Rico- Messagori Maritimas. RINGAN. British str., 1,047, F. Jamieson, 16th

April Haiphong 11th April, Rico and General-Batterfeld & Swive

TAMBA MARU, Japanese str., 6,133, K. Noda, 16th April-Seattle and Bhanghai 13th April, Cotton Yarn, Beer, &c.-Nippon. Tusen Kalahan

TAMING, British str., 1,350. 4. H. Pennefather, Tloilo and Manila 18th

21st

fald & Swire TJIPANAS, Dutch fr., 2.444, W. H. Lap, 22nd April--Mantok 14th April, Sagar-Java- China-Japan Lijn. TJITAROEM, Dutch Kir. 3.666, P. Zwart, 21st

April-Swalew 20th April, General -Jave. China-Japan Lijo.

TRICKPB. Gernau str., 769, Jacobson, 20th April-Haihow 18th April, General- Tehsen & Co.

VICTORIA, Swedish str. 1.892, Eckert, 23rd April-Samarang 21st April, Balt-Olf Wijk & Co.

YAWA A MARU, Japanese str.. 1,234. Bukuma, 5th April-Miko 30th Mar, Coal-Mitani Basean Kaisha..

GRIMAULT'S

SYRUP

OF

HYPOPHOSPHITE OF LIME

FOR

STUBBORN COUGHS

BRONCHITIS

WEAK LUNGS

CATARRH

CONSUMPTION