1911-07-12 — Page 6

Daily Press 孖剌西報 All

INTIMATION

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SIEMSSEN & Co.,

SOLE AGENTS

FOR

HONGKONG. CANTON AND SOUTH CHINA AND FORMOSA."

MEN-OF-WAR ON THE CHINA

AND JAPAN STATION.

MILITIBIT

Alaority, dospatoh-boat, 700-tras, 4 guns. 2,000

ih.p.. Comtr. A. Towndes, Weihaiwoi, Astres 2nd eloss erniser, 4,360 tons, 10 guns, 7,000 i.k.p., Captain E. B. Kiddle, Waibaiwei.

Atlas, almiralty bug. 615 tons, 1,400 i.h.p..

Master B. West, Hongkong. Bramble, gunboat 710 tons, 900 h.p. Lieut.

Condr. I. G. Washington Shanghai. Britomart, gunboat, 710 tons, 900 b.p.. Liezt.

Comedr. J. 11. Barker, Shanghai. Cadmus, British sloop, 1,070 tons. i.h.p. 1,400

f... Comdr. H. Lynes, Shanghai, Cherub, water tank and tag, 390 tons, i.h.p. 340.

Master W. Smith, Hongkong. Co, British sloop. 1,070 tons, i.b.p. 1,400,

Comdr. H. R. Vale, Shanghai, Fare, torpedo-Unat destroyer, 340 tons,

Funa, 5,700 il.p., Lt. Comdr. H.S. Monror, Weihaiwoi

6

Flora, 2nd class, ernizer, 4,360 tons, 10 gua

7.000 i.b.p... Captain J. Nicholas Weihniwoi Handy, torpedo-boat destroyer 295 tons, 6 gan, 4,000 h... Lieut.-Comdr. Hon, Guy Stop. ford, Hongkong, Hart, torpedo boat destroyer, 295 tons 6 mur 4,000 h.p., Lt.-Comdr. Hon. Guy Stopford. Hongkong Janus, torpedo-beat destroyer, 320 tons, 6 guns 3,900 hp., Lt. Comdr. M.. D. R. Blackwood Kent, armoured cruiser, 9,800 tons, 14 guns. 22,000, Capt. 8. St. J. Farquhar, craising. Kissha, river gunbont, 616 tons, i.h.p. 1,200. Lients-Comur. T. J. 6. Lyns, Yanglaze. Merlin, surveying ship, 1.070, tons, 6 guza, 1,40

Weihaiwei.

i.h.p. Commr. B. O. B. Dary, Sandakau. Minstonr, armcared craiser (tagship Vice Admiral Sir A. L. Winsloo, K.C.B., C.7.0 CM.0.) 14.600, tone. i.h.p. 27,000.

G. C. Cayley, Nagasaki. Capt. Month, armoured cruiser, 9,800 tons, ih.p. 22.000. Captain L. E. Power, M.V.O, en route Wethalwei.

Moorhen, river ghost, 180 tons, 2 guns, i.h.p. 800, Lieut. Comdr C. P. Loth West Itiver,

Newcastle, 2nd class cruiser, 4,800 tons, turbine, Captain George P. E. Hunt, D.8.0. en ronto to Wolhuiwei about Bili. Nightingale, river gunboat, 85 tons, 240 h.

Lt. Comur. Claude Hillersden-Woodward RN, Yangtzo

THE HONGKONG DAILY PRESS, WEDNESDAY, JULY 12ru, 1911.

(533-3

Manobe, surveying ship, 1,625 tons, 10 gan,

900 b.p

Commender Bagot de la Touche, Salga Mouquet, destroyer, 300 tone, 7 guns, 5,300 h.p. Commander de la Roche Kerandrion, Bigos

Olry, river gunboat, 170 toax, 6 gans, 500 h.p. Lient, de Meindreville, Upper Yangtse Pelho, river gunboat, 130 tone, 4 gani, 280 h.p.

Lient, Fuoch, Tongku

Parle, sub-marine, 70 tons, 80 h.p., Ldent. Mon

Dier, Boigoo

Pistolet, destroyer, 300 tonn, 7 guns, 7,000 hp.

Commander fortevol, Haugay, Protéo, sub-marine, 70 tons, 60 h.p, Lirat

Morris, Saigon

Redoutable, battleship (regarve), 9,330 tous

37

7 gang, 6,200 b.p. Capt. Drouet, Saigon Styx, armoured ganbrat, 1800 tons, 8 gras

1,800 b.p. Lieut. Soriot, Saigon. Takon, destroyer, 380 tons, 6 guns 6,500 h.p.

In Reserve, Saigon

Vauban, torpedo-depot, Commandur Mortenol.

Hangay

Vétéran trpelo-depot, Lieut. Bibel, Car

Saint-Jacqnas

Vigilaute, river gunbost, 180 tena, 6 guns, 7h.p

Lient. Dumonlin, Bikjang

GEBMAN.

Arcona, craiser, 2,719 tons, Captain von Hipper

Amoy Iltis, ganbeat, 1,000 tons, 10 gaus,

Captain Lans

h.p.

Jaguar gunboat, 990 tons, 10 guns, 1,300 h.p Captain Graf von Posadowsky. Wehner Leipzig, ernier, Captain Engel

Luah gunboat 858 tous, 10 guns, 1,344 h.p

Captain Bölken ScharnEorst, armoured cruiser (fingabiple

11,420 tons, 52 guze, 26,000 h.p., Kapitan Zar See Mats

Taku, destroyer, 200 tons, 4 gunt, and 2 torpedo taber, 6,000 .p. Kommandant Kolbe (Hons) Bartram

Corpedo bost "go" Kapitan Lent, Haydon Tiger, gunbeat, 900 tons, 10 guns, 1,300 b.p..

Captain v. Kom

Tsingtan, gunboat, 129 tons, 5 gans, 1,309 b.p. Vaterland, gaubost, tous, 3 gans, 509 b.s

Captain Boss Captain Toussaint

ITALIAN.

Calabria, protected cruiser. 2.439, tous, 20 gans 4,000 b.p., Capitano Maris Camanova di Jareer ch Puglia, propected erniser, 2,498 tons, 26 ga, 7 b.p.. Capitazo Gusani Viyeonti Mar

chuse Lorenzo

PORTUGUAIZ

Patris, gunboat, 200 tone, Captain J. Affrezo

UNITED STATES,

Albany, craiser, 3000 tome, C, 8. Williams

CHINESE BORROWING.

CLAUSES IN THE CURRENCY LOAN AGREEMENT,

The following appeared last month in 7ho Times:-

As already announced in. The Times, the Chinos loan prospectos, offering six millions sterling for subscription, has just been isood. The announcement renders finely the public. tion of the text of the principal olanses in the Agreement as to the Carrenor Loan. In the Core of the negotiations, which extended over Keveral

monthe, Various draft agreementa were submitted and rejected or revised. by the contrasting parties. Some of those incorrect or completed drafts lasso fund their way into the Press. We now pablish tho full text these

clases of the Agreement, as fiunt.

ly signed, which are of experial interest and importanes.

The contracting parties

the Board of Finance are, on the one side, on behalf of the Imperial Chine Government, and, on the other side, the "four fiations banks, that is to ay, an American financial syndicate, consisting of Messrs. J.P. Morgan & Co., and other New York houses; the Hongkong and Shanghai Banking Corporation; the Danfache Asiatische Bank of Berlin; and the Banque de l'Indo- Chine, of Paris. The preamble of the Agres.. mont commence us follows:-

Wherans the Imperial Chinese Government, desiring to reform, and to render uniform ite carrency ayatoni in accordance with a pro- gramme which has been prepared, and to undertake certain industrial enterprises in Manoburis, propose to negotiate

loan for these purposes, and to evidence the suma by the issue of Imperial Chinese Government Sinking Fund Gold Bout, heroinafter called the Bonds, in an aggregate prisoip 1 amount not exceeding ten million pounda sterling (£10,000,000) În manuer and form as herein. after set forth.

Article III thas defines the purposes of the Iman:-

The proceeds of the Loan shall be used and applied as hereinafter determined, for the follow- ing-purposes —

(a) To provide funds for the reform of, and te render uniform, the Imperial Chicoss Carronsy

(b): To

System provide fands for the promotion and extension of industrial enterpriars in the thres Manchurian provinces.

Article V. allocates collateral sesurity as fol lown--

(a) Duties on tobaron and spirits in the thres {r} Manoharian provinces, amounting to one million Kuping bels (Kp. 81.000,000) per aunam

(b) Production tax in the three Manchurian provinces, amounting to soren hanized thon- sand Kuping tals (K.p. $700,000) per annum

(e) Consumption tax in the thres Manoharion provinces, amounting to wight hundred thea- and Kuping teels (K,p. 8500,000) per annum,

(d: Newly-added sartar upon salt of all the provinces of China authorized by Imperial odiot in the fifth moon of the thirty-fourth year of his Imporial Majesty Kuang He, mounting to million five hundred thousand Kuping taels (K p. $2.500,000) per annum.

two

The revenues abare pledged amount to five million Kuping taels (K.p.35,000,000) per

Anim

By Article VII, the banka are authorized to issue the prospectus of the Loan ̈as soon ay fossible after the fulfilment of the conditions of Article VIII." which reads as follows-

On the dale of the signature of this Agres. ment the Board of Finanoo shell hand to the

banks

(a)" The Regulations for the Unification of the Currency on a Silver Basis," authorized by Turperial ediot, hereinafter called The Pro gravome of Curieucy Reform."

(b), à statement showing in what uwounts the proceeds of the Loan are in be applied to the Farions

said

programme.

2/

હું એ

STRAITS SETTLEMENTS STOCKS AND SHARES.

RUBBER COMPANIES. Singapore Fraser.

Selotar Rubber

Straits (Bertan).

SINGAPOST, Juae, 29.

Singapore Fraser

& Co.'s

1.12.6pm

999

10

10

2 2 29

29

Per value oncb share £1. Calla, paid up are:-

Malayan Companies,

& Co.'s Prices, May 31

Par value osch Dividends share £1. Calls

paid up are

Malayan Companies.

Dividend

t

Prices, May 31

16/ paid fy.

Alor-Pongau...

fy: paid

Anglo-fshore

2/

Malacca Ordinary Merlimau

0.18.8

$/7

2/ fy.

1776.

Banteng

Bakap....

Anglo-Malay

18/21

100%

10

Merton Syndicate

10%

Mount Austin

1.12.0

741

5%

102, fy

Narborough Est.

Batu Caves.

15.0.0

150%

10

North Hammock

25%%

'10

2

Batu Kawan..

Padang Jawa

3/11

Pandan Jchore

Batu Tign

4.8.0

10%

12 fy.

2.3.3

325

*10

21:

Beranang Selangor

ty.

(Johara):

Bernain Perak

F

'10 fy.

oral...

7/1

18%

Do. Ordinary

10

Peneiro Est.....

12/0

Bidor

Prye

10%*

101

17/6

Ratanuf

faciat

B'lands Selangor

12/0

Rembia

28/0

10

Bukit Cloh

Rim

Bukit Kajang

R. Es of Krian

2.4.40

R. of Johore...

2/

Options fy. paitl

Bukit Mertajam

SREKI...

Bukit Rajah....

143.0

90%

10 2

Selangor

12.10.0 4.12.6 2.6.0 376%

50%

'10

40%

Bukit Selangors

£1

***

Castlefield

8,0,0

71

Chankat Salak R. and Tin.

11

4.7.3

3d%

3/

Chersonesu

3,6

ty.

Sorangoon

Cheviot

Chota Rubber

Sholford

3.16

30%

2,1/

Cicely Ordinary

2.0.0

1150%

ty.

Siginting (N. S) Singapore Part

4/4

12+%

Freferred

2.0.0

1537%

10 2/ fy

0/1

7%

2/ fy.

Consol, Malay

18/24

(100%

101

15

ro H

Damansara

5.15.6

75%

101

17/0

iBahru

Dennisto va...

fy.

Chob

4.12.6.

20%

$

Enbli. Selangor

11/0

30%

10

Fel. Selangor

fy

Sungei Kapur

10,51

00%

10

90%

Sungai Kruit-

2, 1/3

Gra Kes I Eat

12/0

Caring (Malacca)

Sungei Salak

Sungai Lang

4.0.0

10%

Golconda

..

-1.12.4

25%

10

Sungoi Way...

5.12.6

30%

'10

Golden Hupe

5.15.0

40%

10

Tangkah

£1

H. and

Gela-kalamp

G

Third Milo

4.5.9

50%

Inch Konnoth Johore Para...

11.10.0

25%

Tromelbyo.

10% 10

Utel, Sun Betong

Johors R. Lands

Val d'Or Est...

12

Jong-Landor

Vallambrosa...

1.8.6

75%

Jugra (Ordmay)

25%

Juru Estates.

Trust and Finance

K'pong Kuantan

Companies.

Kamuning “A”

3/2 pm 15%

10

2/

-

5/ paid

Anglo-Straits R. T....

Kar

Para

7.10,0

66%

110

10/

"

Options

Eastern Internat. Trust

20%

'10

10

3) paid

Mid-East Invest

10/

21.

Options

Rubber Plants Inves. Trust;

74%

874%

10

10/ paid

B. Sharo Trust

Klian-Kellas...

10/

Strait. M. & Trust...

Kota Tinggi...

Khota Tapan

India, Ceylon, Borneo,

Java and Sumatra.

Krubong

20%

Kuala Klang

Ey, paid

Kuala Lumpur

6.16.0

70%

Kuala Pahi

Kuala Selangor

Labu

11/24

20%

Lanndron

4.6.0

196%

Ledbury

3.5.0

10%

10

1,11.6pm

Lendu..

2.1.3 150%

10

London Asiatic Lumut Est,

10/7

25%

17/8

Madingley Eat

Malacca 74% Cum. Partici

pating Prof

0.2,6

10

NOWA

..

Alinghall Kinta Kellas Klumag

Linggi

9

Anglo-Jara...

Asahan (Sumatra Bangawan R

Benafort

Central Sumatra Indian Peninsula.

Java Amalgam

Kimanis Langkon Manchester Nirmala (Java) Pontianak Sumatra Para Sunstre Props. United Sardang Utd. Sumatra

ON SALE.

=

'10

33%

'10

10%

110

6/56.

20%

10

Otter, torpedo-bost destroyer, 385 tons, 6 guns Arayer, gunboat, Lisut-Comdr, Matt B Signor of expenditures incident to the operation transfers from the Loau Fande hell by the THE DIRECTORY & CHRONICLE 1911.

6,300.b.p., Comdr. Lambo, Weihai wel. Robin, river ganboat, 85 tons, 2 guns, 240 hp, Lt. Comdr. Cosmo A. O. Douglas, West River.

Sandpiper, river gunboat, 85 tona, 2 gune, 24 h.p., Lieut.-Comdr. E. J. J. Southby Weat River.

Snipe, river gunboat, 85 tons, 2 gans 240 h.p.

Lt. Comdr. Maurice B. Loalie. Yangtzo. Taku, torpedo boat destroyer, 305 tuna, ih..

6,000, Gunner E. J. Trillo. R.N., Hong. hong

Tamar, receiving ship, 4,650 tons, 6 gun›

Commodore Eyres, Hongkong. Teal, river gunboat, 180 tona, 2 guns, 800 i.h.p.

Lieut. Comdr. R. J. Buchanan, Yangtze Thistle, gunboat, 710 tons, 900 h.p., Lieut. Comdr. M. R. Baillie Hamilton Hongkong Virago, torpedo-boat destroyer, 395 tone, bu

6,300 Lb.p.. Lient. Comdr. Harold D. Adair Hall. Weibiwei.. Waterwitch, surveying ship, 620 tons. 45011.)

Lient. Comdr. R. L. Hancock, Pening. Whiting, torpedo-boat destroyer, 360 tens,

puns, 5,900 h.p.. Lient. Comdr. G. E. Hartford, Weibniwei.

Widgeon. gunboat 195 tons, 2 guns, 2001. Lt-Comdr. M. H. Wilding, Yangtzo. Woodrock, gunboat, 150 tons, 2 guns, 550 k.;

Liest. Cuadr. B. R. Brooke, Yangtze.

dark, gunboat, 150 tons, 2 guns, 550 ty Woo Lieut. Comdr. G. F. A. Mulock, Tangier

NAUSTRIAN,

Kaitrin Elisabeth, Austrian protected cruise? 4,000, Fregattenkapitan Oskar Hensa, Northern Watara

Panther, third class oruiser, 1,530 tons, Fre- zattankapitan, Theodor Skart Edi. von Sobmidtheim

FRENCH.

Adhéren, armoured gunboat, 1,830 tons, 9 guna

1,700 b.p., Lisut. Bertrand, Baigeo Alger, 2nd olses cruiser, 4,320 tom, 22 gunz

5,100 b.p., Commander Fouraler, Hikơng Alouette, gunboat, 508 tone, 7 guns, 100 h.;

Commander Badio, Saigon

river gunboat, 190 tons, 6 guns; 570 h.p., Argent, Andopard,

Baicnastte, gaoboat.

Cimaterre, gunboat, 140 tona, Reserve, Saigon Caronaide, gunboat, 184 tons, Reserve, Saigon Décidée, gunboat, 630 tour, 10 guns, 300 b.p.

Lieut. de Linarts, Shanghai"

Dupleix, armoured cruiser, 7,575 toas, 26 ganı

17,000 b.p.

Desaix, armoured draiser, 7,57 8 tour, 26 gana,

17,000 h.p. D'Therville gunboat

Ester, gunboat, 141 tonr, Reserve, Haiphong Esturgeon, sub-marine, 70 loss, 60 h.p., Liest

Combel, Saigon

Frende, destroyer, 300 tons, 7 gune, 6,300 h.p.

Saigon

Henri Rivière, river gunboat, 150 tons, & guns

152 u.p, Haiphong

Lynx, sub-marine, 70 tons, 6b.p, Lieut. Marra,

Paigon

|

(c) A statement specifying the nature of the proposed enterprises in Manchuria, and showing in what amounts the allotted portion of the 8.ind of this Lora is

be applied thecato

| Bainbridge, destroyer, 7 gana and 2 torpedo

tubes Ensign Lloyd W. Townend Berry, destroyer, 120 tons, Ens. Edmund

Root Callao, gunboat, 243 tons, Ens. J. R. Morrisson Cleveland, cruiser 3,200 tons, Commander

Hugh Rodmans, Shanghat Charleston, battle hip {flagship), 9,700, tona ans, 21,000 hp. Comdr. John H Oibbins Shanghai Chattanooga. Oraiser, 3.200 tour. Comandar

John D. MacDonald, Shanghai Chauncey, destroyer, 420 tonu, Eas.

MoNair

58

N

Dalo. destroyar, 490 tons, Lieut. Herbert II

Michael

Denver, aruleor, 3,200 tons, Comdr. Edward E.

Cagebart, Shanghai

Galveston, cruiser, 8,200 fans, Commander

John A, Hoogeworff. Kulla Holeas guaboet, 1,392 toas, Comdr. Reuben

O. Bitter, shanghai Misdere, gunboat, Lieut. George M. Baum Moh, an (station ship), Commander G. K

ilisbury Monterey, monitor, 4,00) tons, Lt. D. W. Tod

Olongapo

Welles

Nanshan, transport, 1,577 tous, W. D. Pardeaux Now Orlans, cruiser, 3,430 tons, Comdr. Roger New York, cruiser (fagahip), Comdr, J. P

Jayno

Paragay, gunboat, Easign Roy L. Lowman Pennsylvania, armoured cruiser, 19,680 tone

Capt. A. Ward Pompey,

collior, 1,600 tons, James D. Linolt. Porpoise, 125 tons, 160 hp. Ene Kenne

Whiting Rainbow, crviser, 6,026 toss Comde, A. C

Stolt. Samar, guabeat, Ensign W. C. L. Stiles Shark, 125 tons, 160 hp. Ensign Theodore &

Ellyson Villalobos, gunboat, 370 tons, Lt. A. Andrawa Wilmington, ganbost, 1800, Comtur. G. B

Sailsbury Hongkong

ON SALE.

MAIL TABLES

FOR 1911:

Bhors the dates of departaro of the Mail

to Europe and America, and the dates of their expected arrival as well at their destinations, as the dates of return Mails.

Mounted on Card Ou Paper ...

30 Comis

20

2. The programme and the two statements above referred to shall be handelt the tanks on the date of the signature of this Agreement The banke shall be given a period not exceeding six mouths from the said date for the considera tion and planning of all matters involvel, and they shall issue this Loan to the public as soon s possible after they shall have notified to Board of Finance that they will make the said programme and statements the basis for the

suo of Bonds herenador

1៦០

3. The price of the Bonds to the Imperial Chiness Government shall be ninety-five Bent. (95 cont.) of their nominal value,

per Subscriptions will be invited by the banks in China, the United States, and Barope on equal conditions, proference being given to the application of the

Imperial Chinese Government, provided such application be minds to the banks not loss than four days before the issue of the prospectus to the public. Seren days notice of hanks to the Board of Finsnes. the issue of the prospectus will be given by the

agree

the statements of currency reform and Manchurian expenditures respectively, make

Banks in Chian, to the credit of a "Currency

econit," and/or Reform

"Manchuriau with the Shanghai Development Account and/or Feking branches of suck Chino bank or bank as the Board of Finance may, from time to time, designate to be its agent or agents for financing the operations contemplated under this Agreenient.

Article XI. inaugurates a now system of Chinese Government tancial reports:-

Desiring to assure the barks, in the interests of the bondhollers, that the Loan Funds are being expended for the purposes contemplated under this A rooment, the Board of Finanor engages, until such time, ag

the pro- ceeds of the Loan shall have been ex. pended in accordance with the statements of currency reform and Manchurian expenditures,

to hand to the banks not later than thirty days after the expiration of each quarterly period Chinese calendar :-

(e) A quarterly report in Chinese and English "the disbursements incident to the showing inauguration, and operation of the Imperial Chinore Govorument's programme of currency. reform,

(b) A quarterly report in Chiness and English showing the disbursements for the promotion and extension of Manchurian industry.

Sack srterly repo ts shall be of a form to be specified in the statements of currency reform and Menchurian expenditure.

In addition to such quarterly reports the Board of Finance will also band to the banks a copy of the manual report which is to be publish

ed for

FOR CHINA, JAPAN, COREA, INDO-CHINA, SIAM, STRAITS SETTLEMENTS, MALAY STATES, NETHERLANDS INDIA,

PHILIPPINES, BORNEO, ETC.

The DIRECTORY covers the whole of the ports and cities of the Far East, from Nether lands India to Siberia, in which European realde. Not only is the Directory as fall and complete each it be but

in no case he is on he made les e DESORT TION, exrefully revised each year, most of which will serve as accurate Guides FOR THE TOUKET, giving every detail in countering with the places, their History, Topography, wc, &c.

The Information in these Descriptions, can sisting of a hundred interesting articles, packed with facts concisely set out, and containing statistics of the TRADE of such Country and Fort, would alone in to Gil Targe volna Royal Delavo-Completa with Fifteen Mapa, and Plana pp. 1,882, $10.00. Dirtory only

p. 302, 84.01.

Peking Tientsin

7hr Directories and Descriptions are of

CHINA Boochow Canton. Chinking Whampo Peitaibo

Nanking Kowloon

Lappa Chinwangtao Waha Taku

Kowkiang Semshvi Hankow Antung Manabarian Yoohow Trade Centras Shai Newchwang Daimo Port Arthur Chefoo Weibalwei Kisochan

Govornment requiring funds immediately for 4. In the event of the Imperial Chinese the commencement of any of the undertakings contemplated for Manoharia the banka

the execution of this Agreement upon and so soon as they shall have boon faruished with a statement satisfactory to themselves of the nature of such undertaking or undertakings,

for the information of the Imperial National and the amounts to be applied thereto, to bold in Assembly or the Imperial Chinese Parliament.

The loan is to be known as the "Impesial- America and Europe at the disposal of the Chinese Government Five per Cent. Currency Imperial Chinese Government the sum of one million pounds sterling (£1,000,000), and to Reform and Industrial Development Sisking Advance the same, or such portion thereof as Fund Gold Lean of 1911." The price to the may be required, against the order of the Board Chinesa Government is 95 per cent. of the bonda of Finance.

face value, and repayment of principal com- 5. The banks further engage that to soon as mences with the eleventh year from the data they shall have handed to the Board of Finsson of isEILY, to bo completed in 45 the notification referred to in Section 2 of this It may be observed that Agreement Article, and prior to the issue of this Loan does not provide for any frm of foreign super- to the public, to hold in America and

vision or

control en belalf of the bondholders- Europe at the disposal of the Imperial Chinese condition original!

originally declared by the United Government a further sum of one million States Government to be essential; that the pounds sterling (£1,000.000), which amount, handing of the fruds in Chian, to an indefinite or such portion thereof as may be required, extent, is eul rasted to Chinase bauks designsted may be withdrawn for preliminary expenses by the Board of Finance, an arrangement that in connection_with emrrency reform by has already proved productive of grave abuses orders of the Board of Finance, as provided in recent railway loans; and, finally, that the by Section 5 of Article IX. herundor.

Kunaan amounts to be appropriated for "currency re-

6.

anch

portion

years.

The above advanous to the aggregate of form" and "industrial development" respec- two million pounds sterling (£2,000,000), or tively are left undetermined. These are the most or portions thereof as say, from important features of an Agreement which time, have been availed of by the Im reflects the increasing ascessities of the Chinese at the rate of six per cent. (6 per cent.) per annum complaisance of cosmopolitan finance on the porial Chinese Government, shall bear interest Government on the one hand and the increming

from the date on which such several sums

time

may

have been withdrawn by the Board of Financo from the banks, and these advances shall be re- paid

to the banks with accrued interest from the first proceeds of this Loan when issued, or in any case within 18 months from the signature of this Agreement unless otherwise mutually arranged between the Board of Finance and they

banks.

other.

ON SALE.

BOUND VOLUMES of the HONGKONG

WERKLY PRESS. July to December 1910. With INDEX. Price $7,50.

Of the seven clauses of Article IX. the follow.

The Board of Finsoce shall, in cordance with the Imperial Chinese Gor- Offios. A verment's requirementa, specified in

Montcalm, armoured cruiser, (flagship) 9,367 On Sale at the Hongkong Daily Preasing is of interest :--

tone, 38 guns, 19,600 h.p.. Rear Admiral Offe.

Chief:

de la Croix de Castries (Commander-in-

Hongkong, 6th February, 1911.

Kongmoon Nanning Wuchowfr Lohung Kwangchauwan Chungking Fakhoi Hangohon Hoitow Ningpo

Langehow Weschow Môngize

Santa

Hokow

Foochow Sze moo

Amoy

Bestow

JAPAN AND Formosa

Kaelang Tainanta

Nagasaki Takow

Hakodate

Teimanfa

Mukden

Shanghai

Tokyo Yokohama Hyago Köbe Shimonoseki

Vladivostock

Oraks

Meji

Auping

Tameni

EASTERN SIBERIA

Nicojewsk

CHOSEN

Seoul

Wensan

Chomnipo

Fasan

Pingyang

Mokpo Chiunampo Bongchin HONGKONG And its DepeŇORNCIES.

MACAO. FRENCH INDO-CHINA: Hanoi

Anuam Horant Haiphong

Ine Baigon Tonkin Proviness Quinkon Cambodge PHILIPPINES Manila

Hoilo

Cebu BORNEO Sarawak Labuan British N, Bernso

BANGKOK

STRAITS SETTLEMENTS

Singapore, Penang, Malacon. Pror. Wellesley

Johors

Pabang

BO On sale at the "Hoxoxong Daily Pri86 ”

Batavia

Builesorg

Hongkong, 28th March, 1911

MALAY STATES

Saugei Ujong Selangor Jelebu

Perak Netherlands India

Samarang

Padang Soursbain Macaesar- Fast Coast of Sumatra

British French

NAVAL SQUADRONS

German Japanose Siamese

Antrian United Stater Italian

OFFICERS OF COAST AND RIVER STEAMER. The Book is printed from Naw Type specially Terved for the purpose, and uniformity in every arrangement greatly theilitates reference.

The features in the 1911 Edition are the CLASSIFIED LISTS of TRADES art PROFESSIONS at the larger Commercial Centres..

The

4LPHABETICAL LIST of RESIDENTS moutains the names of over

20,000 FOREIGNERS, sarsfully arranged, with the Initials as well as to Sanawes in strictly Alphabetical Order, otaal ang name can he found Instantly.

THE MAPS AND PLANS 13re boen engraved by one of the raost dininent Trays in Great Britain and are corrected and woht up to date. They marist this year of the following:

COLOURED PLATE OF FLAGS OF FOREIGN HONGS

AT OF THE FAR EAST

PLAN OF YOKOHAMA

PLAR OP KOBE AND KROGO

PLAY OF FOREIGN NETTLEMENTS, TI PLAN OF TEINStau (Kiagonau) PLAN OF FOREIGN CONCESSION, SHANGWAT PLAN OF HONGREW (BOANGHAI) with Inset

Showing the EXTENDED SETTLEMENT LARGE PLAN OF THE CITY OF VICTORIA I'LAN OF NEW TEBRITOBY (KOWLOON)" PLAN OF KOWLOON

PLAN OF MANILA

FLAK OF SAIGON PLAS OF SINGAPORE PLAN OF BATAVIA

The CHRONICLE covers the notable eventa of the last half century in the Far East together with the Tests of all the most important Treatin concluded with the amatries of Eastaro Arla, the varioca Castons Tarifs, Trade Regulations, Chambers of Commerce, Scales of Commissions Coumlar and Court Fees, Hongkong Stamy Dates, Postal Guide, Signal Codes, Chinese Festivals, Tables of Money. Weights And Measure and other Commercial Information including.

The CHRONICLE and DIRECTORY, al- though condensed in every possible manner, con tains every year more pages

It was years ago universally pronounced to be the cheapest work of the kid anywhere published, and although very much enlargel and improved in every way, the price in allver is now below the equivalent of £f be, at which it was originally published.

It is published at the Office of the Hongkong. Daily Press, and can be had from, and Adver tisements sent through, the principal Book sellers in Asix and through >-

Lowman......

Hongkong Daily Preas" Office 181, Fleet Street, BAC, LONDON. Mr. F. Algar, 11. Clement's Impe. Lospo Mesars. G. treaty O. ItL

30, Combili. EC

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