THE
THE HONGKONG DAILY PRESS, THURSDAY, NOVEMBER 2ND, 1911.
LEEDS FORGE CO., LD., LEEDS
--Specialists in the Manufacture of RAILWAY-ROLLING-STOCK of every description.
Pioneers in the design and manufacture of PRESSED STEEL UNDERFRAMES and BOGIES and ALL-STEEL RAILWAY WAGONS.
The Undersigned have been appointed Solo Agents in Hongkong and China. THE TAIKOO DOCKYARD AND ENGINEERING CO. OF HONGKONG, LD. Agents, BUTTERFIELD & SWIRE.
1294]*·
DENTISTRY
DR. M. H. CHAUN.
DENTAL SURGEON;~-
33, Quier': ROAD ÇEXTRAL
BT FLOOR, ROOMS 2 and 3 From th
University of Pennsylvania, 0.8.A
Telephone 126:
Hongkong, 27th January, 1910. [1703
NIEN TING
SIEN
BURGEON DENTIST,
No. 10, D'AGUILAN STREET:
TERMS VERY MODERATE
Consultation, Free. Bomekong, ôlst September, 1905..
[1171
NOTICES TO CONSIGNEES
OLEN LINE OF STEAMERS.
NOTICE TO CONSIGNEES.
FROM MIDDLESBRO HULL, LONDON AND SINGAPORE,
THE Steamship
"GLENSTKAE, " Captain J. McGillivray, having arrived from the above Ports, Consignees of Cargo are hereby informed that their Goods are being Landed at their risk into the Godowns of thờ Hongkong and Kowloon Wharf and Godown Company, Limited, Kowloon, and stored, at Consignees risk and expense."
All broken, chafed, and damaged Goods are to be left in the Godowns, whore they will be examined on MONDAY, 6th Nov, 10 AM.
All Claires must be presented within FIFTEEN DA18 ( the Steamer's arrival bere, after which date they cannot be recognized.
No Claims will be admitted after the Goods have left the Gedowns, and all Goods remaining undelivered after the 6th Nov. will be subject to rent.
No Fire Insurance has been effected. Bills of Lading will be countersigned by
SHEWAN, TOMES & Čo., Agents,
11311
Hongkong, 30th October, 1911.
MITSUBISHI GOSHI KWAISHA
(MITSU BISHI CO.) OOAL DEPARTMENT
BOLE PROPRIETORS of TAKASIMA OCHI, MUTABE, YOSHINOTANI, HOJO, KANADA, NAMAZUTA, BAYO SHINNEW-and KAMIYAMADA,---
...
Collieziem.
AGENTS FOL
KISHIDAKE AND SAEITO Costa.
HEAD OFFICE MARUNOUCHI,
TOKYO.
BRANCH OFVICES:-NAGABAKI, MOJI, KARATSU, WAKAMATSU, KOBE, OSAKA, SHANGHAI, HONGKONG, HANKOW. Cable addresses for above, "IWASAKI " Codes, AÍ, ABC 5th Ed., Western --Unio
AGENCIES:-
YOKOHAMA, ·M. ASADA, Esq.
CHINKLANG: Messrs. Guaníng & Co.-- MANILA - Messrs, MACONDRAY & Co. SINGAPORE : Messrs. BoEnno Co., LTD
For Particulars, apply to
Y. SHIBUYA, Manager,
No. 2, Pedder Street, Hongkong
Hongkong, 10th August, 1911,
GRACA & CO.
AS SUPPLIED TO THE HOUSE OF LORDS AND HOUSE OF COMMONS
THORNE'S
OLD VAT
No.
This vat was started by the late Robert Thora of Greenook and has been sold as No. 4 since 1831
SCOTCH WHISKY.
SOLE AGENTS IN”
HONGKONG, CHINA & MANILA
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As a Rule
you find that the longer people have used it, the less inclined they are to go without it.
1908
Calvert's
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F. C. CALVERT & Co., Marchester, Eng.
MARTIN'S
SAPIOL &STEEL PILLS
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PEDDER ST. (Hongkong Hotel Building),
Dealers in
POSTAGE STAMPE VIEW POST
CARDS, FLOWER SEEDS, CIGARN, BOOKS, &c.
Just Received a Fine Selection of FLOWER AND VEGETABLE SEEDS.
Abo for Sale
A few rire Macso provisional - Stamps of
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Inspection Invited.
[1221
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fead the NERVES
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COURT Shoes.
DURABLE EVENING WHITE GLOVES.
Wm. Powell, Ltd. 28, QUEEN'S ROAD.
MONEY IN GERMANY,
THE CREDIT WITHDRWBALS AND THE OUTLOOK.
securities.
[1130
BECHSTEIN
PIANOS
SOLE AGENTS:
ROBINSONS.
MEN-OF-WAR ON THE CHINA
AND JAPAN STATION.
BRITISH
Alacrity, despatob-boat, 700 tons, 4 guns, 2,000 ih.p., Comdr. A. Lowndes, Hankow. Astres, 2nd alsss cruiser, 4,360 tons, 10 guns, 7,000 lb. Captain E. B. Kiddie, Hongkong Atlas, admiralty tag. 615 tous, 1,400 1.1.p.
Master 8. Went, Hongkong. Bramble, gunboat 710 tons, 900 1h.p. Lieut.
Comdr. B. G. Washington Kiakiang. Britomart, gunbost, 710 tons, 300 h.p., Lient,
Comdr. J. M. Barker, Hankow, Cadmos, British loop, 1,070 tons, Lap 1,400.
f.d., Comdr, H. Lynes, Kankow, Cherub, water tank and tug. 590 tons, i.hp. 340,
Master W. Smith, Hongkong:
734
Manche, survoying-skip, 1,625 tons, 10 gaps, 900 .., Commander Ragot de la Tonabe, Saigon
Mouquet, destroyer, 900 tons, 7 gaur, 6,300 h.p., Commander de in Rocks Kerandraou, Saigon
Olry
river gaubost, 170 tong, 6 gins, 500 h.p. Ident de Maindreville, Upper Yangtze Pelbo, river gaabost, 130 tona, gans, 280 h.p. Peris, sub-marine; 20 tone, 60 h.p., Lient. Mon-
Lieat. Fusoh, Tongku aler, Onigir
Pistolet, destroyer, 300 tons, 7 guns, 7,000 hip...
Commander Mortenol, Hongay. Protée, emb-marine, 70 tons, 60 h.p.. Lieut..
Morris, Saigua
Redoutable, battleship (rosorre), 1,330 tons
87 guns, 6,200 b.p.. Capt. Drouet, Saigon Styx, armoured ganboat, 1,8%) tons, 8 gans
1,600 h.p., Liant. Serlot, Saigon.
with disfavour, because it increases the price of Clio, British sloop, 1070 tons, ih.p. 1,400. Takou, destroyer, 280 toss, & guns 6,509 hp. Fame, torpedo-bost destroyer, 340 tons, 6
Comdr. II, R. Veale, Shanghai.
fact, been circumvented by procuring money on bills of exchange instead of by mortgaging The Bourse regards the innovation money retained over the end of the quarter. (FROM, A CORRESPONDENT OF "THE TIMES,.")ing conditions and demand from 10 per cent, to The banke have naturally imposed correspond- 15 per cent, for money required for the BERLIN, Sept. 21.
purpess of prolonging Boarse engagements over this period. There is a farther circumstance which the end of the June quarter in order to avoid increases the unpopularity of the measure. demands upon the Raichhank the banks laid in store of foreign money and relied to a large degree upon their foreign credits. When the mained for some time ca the market giving a falso Settlement was over those superfluous suis re- appearance of easy money which did not corres.
a
At
cruising.
guns, 5,700 ih.p., Lt-Comdr. H,S. Mouros, Flora, and alase cruiser, 4,350 tons, 10 guns, 7,000 lp., Captain C. F. Corbett, M.V.O, Handy, torpedo-host destroyer 295 tons, & gune,
Hongkong 4,000 b.p, Lieut. Comdr. Hon. Gay Stop- ford, Hongkong,
fans, torpedo-bost destroyer, 320 tons, 6 guar 3,900 B.P., Lt. Comdr. M.. B. B. Blackwood cruising.
Kont, armoured cruiser, 2,800 tons, 14 gans Lh.p. 22,000, Capt. 8. St. J. Farquhar, Hongkong.
Kinala, river gunboat, 616 tone, ip- 1,200, Lient-Comdr. T. J. S. Lyne, Haukow.
In Reservo, Saigon
Vanban, torpedo depot, Commander. Mortensi,
Hongay
Vétéran, torpedo-depot, Llezt. Bibel, Cap Vigilante, river gaubost, 180 tons, 6 gans, 7 b.p
Saint-Jacques Lient. Ihmonlin, Sikiang
GERMAN.
Aroons, arulær, 2,719 tons, Captain von Kipper
Amoy
Itis, gunboat, 1,080 toon, 10 ganeh.p.
Captain Lans
Jaguar, gunboat, 900 tons, 10 guns, 1,300-b.p Captain Graf von Posadownky-Wehner Leipzig, oraiser, Captain Engel Luche, gunboat 850 ton, 16 guns, 1,314 h.p
Balken
Berlin Money Market. In his review of the to take precautions to prevent dear money, bat Morlin, surveying ship, 1,070, tons, 6 gans, 1, 4x Captais armoured cruiser (flagshiple
appreciably by the mesenre. It is true that on the present occasion there has been ample time
which in June helped to ease the situation, will, it is s question whether the foreign ore its, in present political circumstances, be ne readily
The decision to raise the official rate of interest from 4 per cent, to 5 per cont, which wae taken last Tuesday by the directors of the Reichsbank, was fully in secordance with ex- pectations, Various considerations of a general character have for some time past made it plain that the Bauk would have to take strong mensares to protect its position, and especially its gold reserve, during the last quarter of the years. On Monday the necessity of an im inediate step became obvious through the rispond to the facts. Moreover, it is considered in the rate
doubtful whether the Reichebsok itself will benefit of private discount to 4
For cent. that is to say, to s point higher than the one rate, which
very rare occurrence on the reasons which rendered necessary a change in the rate the President of the Reichsbank. Herr Hasenstein, pointed out that while last year the gold reserve of the Bank inoroazed by £500,000 between September 7 and 15 it has this year during the same period decreased by £850,000. Similarly the value of bills and out that the amount of inaonvenience arizing In this connection, however, it may be pointed securiti a mortgaged to the Bank had this year from this source may prove to be less sericus increased by £9.400.000, as compared with au increase of £2,150,000 last year. Throughout than is feared. That France should have given the present year the amount of uncovered notes notice of the withdrawal of part of her had always compared favourably with the credit balances is perfoorly comprehensible; figures of last year until September 15, when it but the amount which Francs still held on exceeded the amount on the same date last deposit in the Garman banks has been greatly year by £2,800,000. Finally, the amount of the exaggerated. According to trustworthy reservo-of-tax-free-notes last Tuesday stood mates it cannot have exceeded some £10,000,000, at 55.500,000, as compared with £4600,003 ca for France has been steadily withdrawing money September 19, 1910. a result which though at from Germany throughout the summer, Apart first sight favourable becomes unfavourable from political considerations the recent with
available.
EXTENT OF THE FRENCH WITHDRAWLS.
Minotaur, armoured oruiser (flagship Vico. i.h.p. Commar, B. O. M. Davy, Labuan
Admiral Sir A. L. Winsloo, K.C.B. C.V.O., C.M.G.,) 14,600, tons, i.h.p. 27,000 Capt. G. C. Cayley, Hongkong Monmonth, armoured craiser, 9,800 tons, ih.p. 22,000, Captain L. E. Power, M.V.C.,
Kobe.
Moorhen, giver ganhost, 180 tons, 2 gus i.b.p. 800, Lieut. Comdr G. P. Laith. New cuelle, 2nd class cruiser, 4,800 tons, turbina
Woot River
Captain George P. E. Haut, D.9.0. Nanking. Nightingale, river gunboat, 85 tons, 240 hp,
Lt. Comdr. Claude Hiersden-Woodward, R.N., Yangtan
Otter, torpedo boat duetrayer, 385 tons, 6 gunk 6,300 hp, Comdr. Lambe, N.nking
11,429 tons, 52 gune, 20,000 h.p., Kapitan Zur Ste Maв38 Taku, destroyer, 280 tons, 4 guns, and 2 torpedo tabes, 600 h.p.. Kammident Kolbe (Hane) Bertram Torpedo boat" Sgo," Kapitan Leut. Heyden Tiger, gunboal, 900 tons, 10 guns, 1,300 b.p., Tringtau, gunboat, 173 tons, 5 guns, 1,300 h.p.
Captain v. Kong. Captain Rous Vaterland, ganbest, tons, 3 gung 500 b.p.
Captain Toneelut
POSTCGUSS4
Patria, gunboat, 700 tone, Captain J, Affrexo
UNITED STATES. ·- Rear-Admiral Joseph B. Murdock, US.N., Commanding
First Division,
when it is considered that in the interval the drawal of French money from the German Robin, river gunboat, 85 tona, 2 guns, 240P Saratoga, first class cruiser armoured, 8,150
Bank has been authorized to increase the value banks is sofheiontly explained by the incressed of its tax-fres notes by £3,000,000, an amount demand for money in France itself. That which must consequently be deducted from the sach demand existe has been proved clearly £5,500,000 quoted above before a fair compari- by the fact that within son between the present situation and that of
Just
year can be made.
THE NEW BRAKS ON
the past few weeks the gold reservo in the Bank of France has fellen considerably. Ru-san money, notwithstanding ramours to the contrary, has not been claimed at all. The only sums of importance which Russia helds en deposit in Russiau Loan and cannot be withdrawn at all. Germany are earmarked for the service of the The loss of foreign deposits has been made good by the sale of American socuri Amro has shown a strong desire to avail herself of the fans, and so far, at any rate, has at With drawn any of her deposits. Germany, not
Although a rise of per out in the official rate must certainly be regarded as a proof that the actual state of the Money Market is such as to call for caution, it must be remembered that a precisely similar change frim-4 per cent. to 3 per cent. has now taken place at this season for three years in scossion.
The German Money Market is at present dominated above all by the necessity of preparing for the heavy demands incidental to the end of the quarter. It is also
Lt.-Comdr, Como A. O. Douglas, West River.
Rosario, depot ship or Submarines, 980 tour, i.h.p. 1,400, Lt. Commar. N. E. Archdale, Sandpiper, river gunboat, 85 tous, 2 gans, 24
Hongkong.
hp, Lient-Coradr. E. I. J. Southay Hongkong. Snipe, river guabost, 35 teas, 2 guns 240 hp,
Lt-Comdx. Maurice B. Lealis, Shanghai. Taks, torpedo boat destroyer, 305 toas, ih.p. 6,000, Gunner B. J. Trillo, E.N., Hong kong
Tumar, recolving ship, 4,650 tons, 6 guns
Commodore Eyres, Hongkong. Teal, tiver gunboat, 180 tons, 2 guns, 200 h.p Liost-Comdr.R. J. Buchanan, Chang kiang Thistle, gunboat, 710 tona, 900 h.p., Lieut.
Comdr. M. B: Baillie Hamilton, Hunkow Virago, torpedo bost destroyer, 395 team, & guns.
6,300 .b.p., Lieut.-Comdr. Harold D. Adair Hall, ornising.
Waterwitch, surveying ship, 620 tona, 450 Lhụp Lient-Comdr. R. L. Hancock. Singapore. Whiting, torpado-bost destroyer, 360 tone,
oruising.
Widgeond. M. H. Wilding, Klating.
reon, gunboat 195 tons, 2 guns, 800 h..
Woodcock, ganbent, 150 tons, 2 guns, 550 h.
Lient-Comdr, B. R. Brooke, Yangters. Woodlark, gunboat, 150 tons, 2 guns. 550 b.
Tieut.Comdr. G. F. A. Mulock, Haokew, Babmarines:-
AUSTRIAN,
Eo. 36, Godfrey Herbert, Lieut. Commr. Na 37, A. A. L. Fenner, Lieut.-Contr. No. 38, J. R. A. Codrington, Lt.-Cozaar. Esserin Elisabeth, Austrian protected cruiser. 4,000, Fregattankapitan Oskar Hauss, Northern Waters Panther, third class ornicer, 1,330 toar, Fre gattorkapitan, Theodor Skori Edi, von Sabmidthaim
In considering the affects of the withdrawal arising out of influenced by considerations
the political situation and the of foreign money, it must not be forgotten that withdrawal of foreign money for which that this is an evil which tends to remedy itself. eicuation is in part, at any rate, responsible. In Money has a tendency to gravitate to those financial circles, however, the situation is not centres where it can obtain the best interest; regarded as one which need give rise to anxiety; and thus it may be regarded as certain that, and it is sasumed that the approaching quarterly as the rate of interest in Germany-rices, the balance of accounts will be effected without forsign money will tend to find its way back, 5,900 h.p. Lieut.Comda, G. F
special inconvenience, So far as the again.hat comparatively high rates of Reichsbank is concerned, it will certainly be interest may be expected to obtain during the rellered by the new provisions which came last quarter of the year may be inferred from, into force at
the beginning of the present Fear, among other indications, the reserved attitude in accordance with which the untaxed note. which the tanka bave recently maintained, It issne may at the end of the quarter be in- is especially to be noted that they have been Greased to £37,500,000 instead of being limited, conspinously inactive in the securities market. as bitherto, to £23,650,000. On the other hand, From this it may be gathered they they reckon the Bank, as is known, was compelled last Jane upon adrentogeons rates of interest daring the to introduce now conditions for loans issued last months of the year, and accordingly wish against securities mortgaged in order to meet to have at their disposal the largest possible the requirements of the business world at the sums. Industry has not of late made any close of the quarter. By this mossare such special demands on credit, partly owing to the loans. if they exceed £1,500 are subject to 10 fact the most new industrial issues were ab days' extra interest in addition to the ordinary sorbed during the first six mouths of the year. charges. According to the official declaration In conclusion it may be stated that there is of the directors of the Reichsbank the measure not at present any strong reason to believe that was found necessary in order to safeguard the the close of the year will be marked by abnor Bank against the danger of finding that its mal money conditions, and it seems likely that note-issue had exceeded the legal proportion the rate of discount will not be higher during which it must bear to the Bank reserves of metal the appproaching quarter than it was at the (one-third, at least, of the note-issue must be corresponding period of last year, covered by coin, or bars, and the remainder by
quality) three months' bills of the bigbest
The messure is, however, in fact intended rather as a warning to others than as a relief to the Bank. The Reichsbank is principally con cerned to prevent the banks from giving credit Loo easily. It wishes to make certain that money required to meet a passing demand shall not be used in order to make it possible to con tract fresh liabilities. The engagements of the clients of the banks are, as far na possible, to be limited in order that the banks may not part with their disposable capital for too long porieds. The Reichsbank, of course, cannot on the Day Preceding the Departure of the employ forcible methods to bring about the of the Indian Mints to the Free Coinage of English Mails from the Year of the Closing accomplishment of its wishes, and it cannot Silver
FEOM 1893 TO 1909;
prevent people from diecounting at the Bank larger number of bills than it desires. But
+
ON BALE.
A TABLE OF THE
RATES OF EXCHANGE
AT HONGRONG
FOR
· DEMAND DRAFTS ON BOMBAY,
РЕЕКСИ.
achéren, armours ganhost, 1,830 tote, 9 goce
1,700 h.p., Lieut. Bertraud, Salgön Alger, 2nd elses cruiser, 4,320 tome, 22 go
5,100 b.y. Commander Fournier, H kong Alouette, gunboat, 506 tons, 7 gane, 4h.p
Commander Badin, Saigon
Argus, river ganbest, 180 tens, guna, 570 k.p;
Lieut. Andouard, Brionnette, gunboat.
Cimeterre, gunboat, 140 tona, Reserve, Saigon Carcoalde,gunboat, 184 tons, Reserve, Baigor Dédiée, gunboat, 430 tons, 10 guns, 800 hp
Llout de Livörès, Shanghai Dapleix, armoured cruiser, 7,578 tone, 28 gune
17,000 h.p.
Deniz, armoured oralter, 7,57 8 tone, 26 gone D'Thorville gunboat
17,000 b.p.
..
Estoo, guobust, 141 tons Beserve, Haiphong Esturgeon, sub-marine, 10 tons, 60 b.p, Liền
Erkak Batman
tons, Aagship, New Orleans, oruiser, 3,430 to Albany, cruiser, 8,430 tons,
Second Division. Wilmington, gunboat, 1.397 tons Belana, guubost, 1.397 toos. Rainbow, Noval transport, 6,000 tons. Elcano, gunboat, 360 tore. Villalobos, guabost, 400 tons. Calleo, gunboat, 200 tons, Samar, gunboat, 400 tons.
Paragua, gunboat, 300 tons. Mindoro, gunboat, 300 tour. Qui de, gunboaf, 40) ton".
Torpedo Division. Mohion, Tazdar orniser, 1,900 tons. Bainbridge, trpedo but distroyer, 420 tor Dale, Barry Chauncey, Des-túr,
18
Submarine Dimsion. Shark, Adder, Porpo se and Mocoseto, aíl 120
tope.
Special Service, Harbour Defence. Monitor, Monterey. 4,100 tons.
Monadnock, 4,000 tons.
Nanshan, Pompey."
Colliere.
ON SALE...
BWEEKLY PRESS. January to June, 1911 With INDEZ. Price $7,50.
On sale at the "HONGKONG DAILY PRESS, Ofice.
VOLUMES of the HONGKONG
Hongkong, 2nd August, 1911
CHILDREN OF
FAR CATHAY
A SOCIAL AND POLITICAL NOVEL OF ABSORBING INTEREST,
By CHAS, J. HALCOMBE (Formerly of the Imperial Chinese Castors Bervice, Author of "The Mystlo Flowery Land," etc.).
THE
THE VOLUME which consists of 146 historical interest showing the disposition of Pages, and includes a Skotoh Plan of
the Forces of the battle of Kweilin, is dedicated to Sir ROBERT HABT, G.C.M.G.; sud Dr. A Вит.
Its description of Chinese Social Customs and Superstitions, combined with the insight it " gives into political ocuditions in China, maker CHILDREN OF FAR CATHAY" an excellent neilyma for tonaantation to friandust Hima
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