1913-04-26 — Page 5

Catter Falmer &

The Wine Merchany of the last

NAPIER

JOHNSTONE'S

"SQUARE BOTTLE

WHISKY.

UNVARIED FOR OVER 150 YEARS.

"

THE SAME TO-DAY AS IN

1745.

BEWARE

OF

IMITATIONS.

OLE AGENTS IN HONGKONG

LANE CRAWFORD & CO.,

and from ALL WISE MERQUANTS.

[74

EASILY

DIGESTED.

"Makes Bone,

Muscle, Brain"

DAVID F, MD;

PLASMON ARROWROOT

a highly strengthening food, and is specially suitable in all condi- tions where a light, nutritious diet

is indicated,

“The admixture of Plas- mon increases the nutri- tive value enormously."

-Lancel,

Sd. per Packet,

nudish Pri

91.1.

E & KER SE CREATE A CIRCO TA

HARTIN'S

Busana ho elikaga.

Parasite ng 'Actida qowuys tren a bre

stimento A me! $2:0

하

With

MANTING

LUTETIAN CREAM

Everyone who's anyone uses it for Brown footwear. leggings, and the like.

Brown leather never bat such a friend as Luteini Creata. Ning semakes it took so well, hoops it ii A such perfections of condition, or adde bogenni, wly to its life. "Lalestina' probash like varnica.

Light ca Dark

Light, for the glitary tan-shade. Dart, for deg, rich, full chant Those who putea puste should n MELTONIAN PASTE Black or own equally good. Sult by make, St-res, etc.

MY WORD I

Munakan by

E BRONG MS, LTD

Grim birat.

508-5

KEATING'S

KILLS

FLEAS BEETLES MOTHS

THE HONGKONG DAILY PRESS, SATURDAY, APRIL 26mm, 1018.

HINDRANCES TO DIRECT TRADE

WITH AMOY,

The United States Vice-Consul Charlos F. Brisel, Amoy, in the course of a recent report, states that there is, perhaps, no coast treaty port in South China so ill- served by steamers as Amoy. The larger steamers sometimes stop at Foochow and Bwatow, but oxclusive of the one call of the Pacific mail steamers during the year for narcissus bulbs this port secs none of the large vessels. The result is that all cargo destined for Amoy must go first to Hongkong or Shanghai (usually Hong- kong), and there be reshipped by local coasting steamers.

Were foreign firms to endeavour to do business direct in Amoy, they might find the difficulties of currency very grave. At the prescat time there are practically no notes in circulation here other than those of the Hongkong and Shanghai Banking Corporation and the Bank of Taiwan. The medium of exchange is the silver dollar, which here means a Hong. kong dollar, a local Japanese yen, a Mexican dollar, or, occasionally, a dollar from the Straits Settlements or Saigon.. The real commercial unit is the Spanish dollar" which is the name given Hongkong and Shanghai Banking Cor poration to a fictitious unit of value maintained by that bank and by which standard it gauges the daily value of the local silver dollars. If silver is plentiful, for a Hongkong and Shanghai Bank check for 8100 one may receive. actually 101 silver dollars; if the reserve be the case, one may receive but 09 silver dollars. As this institution does practically all tho international banking business, its valu- tion of silver will affect the market price of commcdities.

FLUCTUATING VALUE OF SMALL MONEY,'- OTHER DIFFICULTIES.

In addition, most of the local dealers One silver. trado in small money."

dollar is usually worth ten 10-cent pieces and 8 copper cents. It is thus easy to sep and that if one buys for "large money

ho will lose sells for "small money about 8 per cent. This rate is not fixed and varies greatly. At times ona silver 10-ent pices will bring 15 cents copper. In addition, the farther one goes from the sea coast the more minute the divisions of currency. Lately a revenue stamp has been gotten out, the face value of which is 1,000 cash (brass cash), which is supposed to be worth $1 Mexican, thus showing that in this locality, at least, the basic unit of value would seem to be the old cash. When one adds to the preceding the diffi- culties of foreign exchange, it will be seen that the ordinary buyer would experience some difficulty in effecting his purchases, especially as the large majority of Chinese buyers know practically no English.

WM. POWELL

LTD.

TELEPHONG 346.

SOFT FURNISHING GOODS

CURTAINS

BANK

THE OKOHAMA SPRCIE BANK

LIMITED.

AUTHORISEY CAPITAL....Ten 48,000,000 PAID-UP CAPITAL. In 30,000,000 RESERVE FORD.Yen 18,200,000

HEAD OFFICE=YOKOHAMA, Branches and Agencies at Antang-Haina Lino-Yang Byojun Caloutta

(Port Arthur) Bombay

London Ban Francisor

Dairen (Dalny)

Los Angeles Shanghai

|

BANKS

HONGKONG SAVINGS BANK.

THE Business of the above Bank is cop-

ducted by the HONGKONG AND SHANGHAI BANKING CORPORATION. Rules may be obtained on application. →INTEREST on deposits is allowed on the Minimum Monthly Balances at 34 per cons per annum.

Depositors may transfer at their option balance $100 or more to the HONGKONG AND SHANGHAI BANK to be placed on FIXED DETOST at 4 per cent, por sunum.

For the HosGÉONG AND SHANGHAI

Changahon

Lyone Tohling

Fangtien (Mukden) Nagasaki Tientala

Tankow

Newahwang Tokyo

BANKING CORPORATION,

N. J. STABB

Chief Manager

Harbin

Now York:

Hongkong, let July, 1911.

19

NEAT DESIGNS

Honolulu

Osaka

Kobe

Tokin

INEXPENSIVE

WASHING CUSHION CASES

EMBROIDERED MUSLIN

AND LUSTRE.

SHEETINGS

DUCHESS

SETS.

ARTISTIC

MOTION PICTURES

SIDEBOARD CLOTHS. CRETONNES.

KINETOPHONE

EDISON'S LATEST INVENTION,

TALKING PICTURES

staged in seven New York Thostros and in the Principal London Halls.

WATCH

THIS

SPACE

Will Shortly be Exhibited in the

THEATRE ROYAL CITY HALL

HONGKONG.

WATCH

THIS

SPACE

THE EDISON KINETOPHONE

AGENCY.

Having sele rights for China, Philippines, The Straits and India. 4, Queen's Railding. Hongkong.

Hongkong, 19th April, 1913.

About a year ago a local firm made some trial shipments of ginseng direct from America. This office watched these trials with considerable interest only to find that the difficulties of exchange and great that the language became so importer returned to his former method of importing vid Hongkong. As noted proviously, large quantities of goods are shipped to Hongkong, and it not infre- quently happens that the Hongkong mar- kot is competing by telegraph with the local foreign firms for the sale to the Chinese of stocks held in Amoy and Hongkong at the same time. If there has been a decline in price between the time. when the Amoy dealer purchased and the limited to routes where oil can be obtained time when the Hongkong firm obtained its on terms that will enable it to compete stock. the Hongkong firm can sometimes with coal. Regularity of supply, as well soll goods laid down in Amoy at a less as price, must, of course, come into the

afford cost than the Amoy rnerchant can

in both these respects the East Asiatic to sell the stock which he holds in his calculation, end it may be remarked that godowns. It is not infrequent, either, Company in its trade with Siam and the that wealthy Chinese will buy up a large Far East is no doubt exceptionally well quantity of goals when the market is flooded and hold them in godowns until placed. Indeed, it may be inferred that a rise in price affords a splendid profit, the position which the company occupies While this state of affairs could scarcely in the trade with Bangkok has in no small hold for all products, it may serve to degree stimulated its enterprise in the show how an outport market is affected by matter of internal combustion engines. prices in the large port.

EAST ASIATIC COMPANY OF COPENHAGEN.

PIONEERS. OF OCEAN MOTORS.

Among the more notable of the annual reports recently issued is that of the East Asiatic Company, of Copenhagen, who may he called, the pioneers of the ocean- going motor-ship. At the present time the company has a fleet of fifteen vessels, of which thirteen are steamships, and only two the Sadia and the fuflandin

40 vessels. Such figures, arg motse were it not the motor-ship is relativo ly in its infancy, would hardly suggest any lack of faith is the steamship. But the building programme of the company, ns outlined in the report, tells a wholly different story. The East Asiatic bas as many as seven motor-ships under con struction--five of them of 5,600 gross tons ecch-and it would probably have ten but for the fact that for its South African line it apparently cannot rely upon a supply of oil fuel at a moderate price. Hence for this particular service it is building three new steamships.. But it is also converting three of its existing steamers into motor-ships,

-

The upshot of it is that at an early date the company will own a feet of thirteen steamships and twelve motor. ships, but the former will represent only about 46,000 gross tons, and the latter about 56,000. In other words, the com- pany will depend for the larger part of its cargo-carrying ability upon tonnage driven by internal combustion engines. In such circumstances it is not surprising to rend that in the opinion of the direc tors the Selandia and the Jutlandia have in two essential points fulfilled expecta- tions. The first is in economy of oil con- sumption, as compared with coal, and the second is in increased freight earnings owing to saving of engine-room space in the ships.

In spite of the success which has attend- edits earlier motor-ships, the East Asiatic Company frankly admits that there are limitations, and serious limita- tions, to the use of such vessels, In an addendum to their report the directors Bay that development so far as the mer- cantile marine is concerned depends chictly upon the supply of oil. "Motor- ships," they observe, "are at present

non-

But this statement of the directors also throws some further light on the ser- It ja viocability of the motor-ship. intimated that with the Selandia there were fower initial difficulties than in the case of several of the company's steam- ships on their maiden voyages. Further, not only does the vessel lose no time in coaling, but maintenance costs less, the engine hus as long a life as the marine attam-engine, boiler troubles are existent, and corrosion is largely avoided. The directors add that the consumption of oil in the Selandia and Jutlandia has now been reduced from nine tons per twenty-four hours to eight tons. More over, whereas the Selandia's enginos, with sixteen cylinders, develop 2,500 indicated horse-power, one of the vessels now under construction will, with twelve cylinders, develop 4,100.

[590

Famished Hair Cells

Har failure la dog to starved roots and calls. All the legion al bate trouble vanish if you strike at the root. It is the saine in avery -you murer ge sight to the heart of the trouble. What the grey, langering, dropping baits

call for

Is an adequate fond-a real triment. ROWLAND'S AVANSAX OIL, gives an immediate new vitally is the foyle routs and the feeding" cells beneath them. It produces asif, silky sheen and texture; a úli, lusurizat growth, radialing a true natural bair healt Softly perfame with City of Bows Supplied in Gold Tout for fair hair.

ROWLAND'S Macassar Oil!

is sold by Stores, Chemists, ant ROWLANDS, 67, Halton Garden, London.

Avoid cheap imitations with the same

MOTHER

or similar name.

Seigels Syrup

Mother Scigel's Syrup, the ideal remedy for Indigestion, Biliousness, Constipation, andother complaints arising from disorders of the stomach, liver, and bowels, has a grand record of uninterrupted success. In thousands and thousands of cases it has cured even after other medicines had failed. If you have any digestive trouble; if you are Jable to bilions attacks; if you rise in the morning un, refreshed by sleep; if you have a poor appetite, and are able to headaches, nervousness and insomnia, take a few doses of Mother Seigel's Syrup, and you will be delighted with its wonderful curative and tonic effects on the stomach, liver, and bowels.

Mrs: J. Scott. of 10, Alice Street, Durban, Natal, writes on September 9th, 1912: "I have tested Mother Seigel's Syrup for many years back and I feel quite certain that if sufferers from stomach and liver troubles would take

it they would derivo real and lasting benefit.'!

Removes and Prevents

INDIGESTION

166

INTEREST ALLOWED ON CURRENT ACCOUNTS INTERNATIONAL BANKING

Deposita received for fixed perioda st rates to be obtained on application,

THE BANK OF TAIWAN, LIMITEI

THE

Capital..

CORPORATION.

Empire

Panama Peking

EISHI ONO,

Manager.

Hongkong, 31st March, 1913.

[443

HEAD OFFICE : 60, Wali Strast, New York LONDON OFFIC: 36. Bishopsgate, EC.

BRANCHES --

Bombay

Kuba

Calcutta

Manila

(INCORPORATED BY SPECIAL INFERIAL CRARTEK).

Canton

Mexico

Cebu

Yen 10,000,000

Colon

Capital Subscribed (paid up) Reserve Fund ....

...Yon 6,250,000

Yen 2,620,000

HEAD OFFICE: TAIPER, FORMOSA.

Amoy Anping

Swatow

Tainan

Kobe

Tameni

Canton

Nagasaki

Fooolow

Osaka

Tokyo Yokohama

Restung

Shanghai

BRANCHES AND AGENCIES:

HONGKONG OFFICE,

3 Dre Veux HOAD.

[1279

Interest allowed on Current Accounts, Deposits received cu terms which may be had on application,

K. TSUDZURABARA, Manager. Hongkong, 1st May, 1911.

NEDERLANDSCH-INDISCHE HANDELSBANK (NETHERLANDS INDIA COMMERCIAL BANK). ESTABLISHED 1863 Authorised Capital FL. 15,000,000 (£1,250,000) Paid up Capital Fl. 14,905,350 (£1,242,112) Rezerve Fund FI. 5,022.161.27 (£438,5131

HEAD OFFICE: AMSTERDAM. HEAD AGENCY: BATAVIA.

LONDON BANKERS:

THE WILLIAMS DEACONS BANK SWISS BANKVERBIN,

BRANCHES AND AGENTS all over the

World

THE BANK transacts every description of Banking and Exchange business, receives money on Current Acount at the rate of 2 per cent. par Rates on. Fixed ansam da Daily Balances. Deposit can be ascertained on application.

G. VERMEY, Manager, No. 8, Des Voier Road Central, [21 Hongkong, 23rd April, 1913.

THE

BANK OF

· MERCANTILE INDIA, LIMITED.

AUTHORISED CAPITAL ... SUBSCRIBED PAID UP

RESSEVE FOND

140

... £1,500,000 1,125.000 562,000 415,000

HEAD OFFICE 40, Threadneedle Street,

Bombay Calcutta

LONDON, E.G.

BEARORS

Kandy.

Galle.

Singapore.

Howm.

Dolhi.

Panang.

Madras.

Kota Dabra, Kelantan.

Karachi, Tangoon.

Kusla Lumpur, F.M.S.

Hongkong.

Colombe,

Shanghai.

AGENTO IN JAPANI

Hongkong

Hankow

San Francisco

Shanghai

Yokohama

| CAPITAL AND SURPLUS 87,069,000

equal, $1,450,000 EVERY DESCRIPTION OF BANKING

BUSINESS transseted, CURRENT ACCOUNTS opened on the usual

terms,

DEPOSITE RECEIVED, fixed for one year st4 percent. per annum, or for shorter periods, at rates which may be asGÓK- tained on application.

BILLS NEGOTIATED and COLLECTED MAIL and TELEGRAPHIC REMIT)

TANCES made.

LETTERS OF CREDIT and DRAFTS granted on all the principal nities in the World.

THE BANK'S CIRCULAR LETTERS OF CREDIT are available all over the World.

LOMMERCIAL LETTERS OF CREDIT

ismed, PURCHASE and SALE of Stooks and

Sharos effected. TRAVELLERS' CHECKS sold and cashed

GEORGE HOGG, Manager.

9, Queen's Road,

Honghong, 2nd November, 1912.

220

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA,

INCORPORATED BY ROYAL CHARFER, 1853.

WW HEAD OFFICE LONDON.

...€3,200,000

PAID UT CAPITAL RESEEVA FUND..., *** ...£1,700,000 RESERVE LIABILITY OP

PROPRIETORS...

£1,200,000

FOREIGN EXCHANGE and General Banking sizess transacted.

CURRENT ACCOUNTS opened BULG FIXED DEPOSITS received for 1 year OF shorter periods at rates which will be quoted on application.

A. S. HEWETT

Acting Manager.

Hongkong, 14th April, 1913.

[133

DARLINGTON'S HANDBOOK.

"Sir Henry Ponsonby is com

mauded by the Queen to thank Mr. Darlington for a copy of his Handbook,"

"Nothing better could be wished for."--

British Weekly,

Far superior to ordinary guides.-

Visitors to London should asia

Daily Chronisio,

DARLINGTON'S

Mesra, JARDINE, MATHESON & CO., LTD LONDON Particularly good."-Academy

BANKWES

BANK OF ENGLAND. LONDON JOINT STOCK BANK, LAD, Every description of Banking and Exchange business transacted. Stooks, and Shares bought and sald on account of Constituents. Letters of Grodit granted on Agents and Correspondents all over the world.

INTEREST allowed on Current Accounts si

2 per cent, per annum on Daily Balance and o Fixed Deposits a rates which may be ascertained on application,

F. C. MACDONALD,

Manager. Hongkong, 18th March, 1913.

1969

SHANGHAI

BANKING CORPORATION.

HONGKONG

AND

PAID-UP CAPITAL

BESERVE FUNDS I

STERLANG

SKUTSE

$16,000,000

$17,200,000

$32,200,000

£1,500,000 et 2/-$15,000,000

RESERVE LIABILITY OF PROF TOKS$15,000,000

1 CATRE OF DIRECTORS /

S. H. DODWELL, Eq-Deputy Chizzian.

G, Friceland, Esq.

CS. Gribbsp. Eeg.

P. H. Holyoak, Esq.

. B. Lauren, Esq.

F. Lieb, Eag

W.L. Pattanden, Esq. J. A. Plammer, Esq. Hon. Mr. E. Shellim. 1. A. Blobs, Eeg.

CEIEF MANAGER: Hongkong N, J. Stann

MANAGER: Shanghai G. STEPHEN. LONDON "BANKERS:

LONDON COUNTY AND WESTMINSTER

BANK, LIMITED. HONGKONG-INTEREST ALLOWED.

On Current Account at the rate of Twe pez cent. per annum on the Daily Balanos,

ON FIXED DEPOSITS.

For 3 monthe, 25 per cent. per Annum. For Cmonths, 31 per cent. per Annua For 12 months, 4 per cent. per Annum,

N. J. STABD,

Chief Manager. Hongkong, 10th April, 1913,

118

AND.

Ба

"A brilliant book."-The Times BY E. C. Cook and Enlarged Edition F. T. Coox, MA.

24 Maps and Plans ENVIRONS.

60 Illustrations, NORTH WALES.

60 inatrations, 10 Maps 55.

DEVON AND 20 Ilustrations. CORNWALL

12 Maps; 58. Visitors to Brighton, Eastbourne Hastings Bournemouth, Wye Valley, Bovern Valley Bath, Weston-super-mare, Malvern, Hereford Worcester, Gloucester, Llandrinod Wells Llangollen, Aberystwyth, Towyn, Barmouth Dolgelly, Horlach, Criccieth, Pelhelli, Llandudio Rhyl, Bettws-y-cord, Tlo of Wight and Channel Islands should and for DARLINGTON'S HANDBOOKS 19: each.

18., THE HOTELS OF THE WORLD, A Handbook to the leading fotels throughout the World. AS A RES

LLA GOLLEN: DARLINGTON & Co., LONDON: SIMPKIN & Co.

NA

#

RIGAUD'S

KANANGA

OF JAPAN

TOILET WATER

Beware

of Imitations.

木

RIGAUD & C

PERFUMERS

8, rue Vivienne, R

Paria-France

#

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