1913-08-02 — Page 3

Scaler Falmer's &

the Cane Merchany of the last

INAPIER

JOHNSTONE'S

SQUARE BOTTLE "

WHISKY.

UNVARIED FOR OVER

150 YEARS.

HONGKONG TRADE

REPORT BY THE UNITED STATES CONSUL GENERAL.

Reporting on the foreign commeres of Ilangkong during 1912, the American Consul-General, Mr. George E. Anderson, writes:---

With few exceptions the trade of the Far East during 1012, as compared with recent yeaTE, was quite satisfactory. This prosperous condition naturally was

031

THE HONGKONG DAILY PRESS, SATURDAY, AUGUST 2ND, 1913,

reflected directly in the trade of Hong- kong, which, of all the great ports in tho world perhaps, most directly and com- pletely depends upon the prosperity of its neighbours for its own prosperity. The trade in the Philippines was

Fear Philippine one, and the Hongkong- trade was the largest in tho history of such relations, In spite of political unrest and uncertainty in China, high exchange which militated against heavy Chinese exports, and the restriction of credits due to disturbed conditions, the trade with Ching was much more satis

THE SAME TO-DAY AS IN factory than seemed possible at the begin-

1745.

BEWARE OF IMITATIONS.

SOLE AGENTS IN HONGKONG

LANE CRAWFORD & CO.,

and from ALL WIRE MERCHANTS.

[74

An astonishing brilliance of finish

is produced in a few moments if you use MELTONIAN CREAM— and the brilliance lasts. Nothing else so well preserves the newe look, or so effectively imparts glove- like suppleness to black leather g nothing so surely adds to its life,

Meltonian

Cream

For heavier footwear some prefer the equally excellent MILTONIAU PASTE (iveawal or flack), Sötä by all Footmakers, dr. Manufactwed by E. Brows & Sow, LTD., Garrick St, London.

·50.3

GIBBS

MEDICAL CARDOLIC

SOAP

Guaranteed 30% Pure Carivic Specially prepared for use in hot Climates. It splendid preventative against infection and by for the best bine in

the market.

Famished Hair Cells

1851.

Hale-failure is dus, to starved roots and cla All the legion of hair troubles vanish it you. strike at the tool. It is thʊ saag in every li -you inust go right to the heart of the trouble. What the gay, languishing, dropping

call for

adoquste Joodma real sufriment, ROWLAND'S MACASSAR OIL gives an Ammediate new vitalliy to the frisle roots and the "feeding" cells beneuf them. It producen a soft, silky sheen and texture; a fal, luxurian growth, radiating a true natural hair health Softly perfumed with Olte of #ses, Supplied in Gola Tid for fair hair.

ROWLAND'S

Macassar Oil!

is sold by Stores, Chimists, and ROWLANDS, 67, Hatton Garden, Londen.

Avoid cheap imitations with the same or “similar" name.

म

MARTIN'S

PIOLSSTEEL SimPILLS

Benedy for all Izzadazlagitian. of Ladies always keep box of Martin's 'liis in the liquan, millat om the Dent sea of any Irregularity of the Syk kimely dose may be ndominintered.. Thosamho thesmond them, herse, theireage) agpur Babu, All Chemists and Stores sal thera

- tha· World, a job free 5% MARTIN, Chemisi,Southažzpian, jok

MARTIN'S PIOL&STEEL

Beetham's

Maka the Sklad ná BOFT AS VELVET, and keepa it. SOFT, A3⁄4OOTH and WRITE

all the year round Removes and prevents Roughness, Reises, Incitation, 'Tan, elc.— COOLING AND REFRESHING DURING THE SUMMER HEAT

M. BEETHAM & SON,

►CHELTENHAM 1. ENGLAND

ning of the year. The satisfactory ries crops in Siana and Indo-China were re flected in increased trads in and through Hongkong in this grain, in which the United States and its island territories had an increasing part. The extraordi- nary demand for shipping tonnage the world over caused increased shipping activity in Hongkong and in the Colony's trade territory. Hongkong ulso pros pered locally in many ways, ite

great cotton factories, and other ihin establishments enjoying

favourable year. Perhaps the derinant feature of the entire situation may be said to be the extraordinary vitality hown by the import and export trado of China under the most unfavourable con- ditions unsettled government, credit. and monetary medium, rumours of war, dc. The great mass of the Chinese people continnes industrious and thrifty pro ducers and traders largely independent of and indifferent to political and other changes which would overwhelm u Jess conservative, compact, and

numerous people.

THE OUTLOOK.

WM. POWELL MOUTRIE'S

LTD.

TELEPHONE 346.

HIGH-CLASS

PIANOS!

PIANOS!!

GENTLEMEN'S

OUTFITTERS

ON HIRE

"SAXONE"

FOOTWEAR FOR GENTLEMEN

BOOTS

$11.00

SOLE AGENTS

HONGKONG.

SHOES

$10.00

(EACH PAIN GUARANTEED.)

SOLE AGENTS

HONGKONG.

WM. POWELL, LTD.

JAVA AND JAPAN TRAFFIC.

AN EMPRESS OF ASIA INCIDENT

LAUNCH IN MITOCHAN.

By kind permission of Commander S. Robinson á unique ecromony took place on July 18th on board the B. M.8. Empress of dea on her maiden round-the-world trip-in the shape of the launching of a model over six feet long of the above. named ship built by Mr. W. R. Cowan, the ship's carpenter.

At $10 Per MONTH.

TUNING AND REGULAR ATTENTION

INCLUSIVE.

S. Moutrie & Co., Ltd.

THE BANK OF TAIWAN, LIMITED

(INCORPORATED BY SPECIAL IMPERIAL CHARTER).

Capital

Yen 10,000,0 Capital Sabsoribed paid up)...Yen 6,250,000 Reserve Fand...

Yen 2,620,000

HEAD OFFICE: TAIPER, FORMOSA.

BRANCHES AND AGENCIES:

Swatow

Tainan

Kobe

Tamsui

Tokyo Yokohama

Amoy - Anping Canton Nagasaki Fooshe Ogain

Shanghai Koolung

HONGKONG OFFICE,

3, DEB VEUX ROAD Interest allowed 02 Current Account Deposits received on terms which may be ha3 on application,

A change of some importance in south- cast Asiatic freight matters comes in the trade being developed by subsidised Japanese lines in coal to Singapore and The prospects of trade in China and in points in that vicinity, thence in ballast Hongkong's trade territory generally at to Java for a roturn cargo of sugar from the opening of 1913 were the brightest for Java to Japan, The recent failure, of several years. The inauguration of many Taiwan (Formosa) to supply Japanese reforms calling for modern equipment of needs in sugar has resulted in compara various sorts, the establishment of various tively heavy imports of Java sugar in new industries in many parts of China Japan. Heretofore much of this sugar calling for machinery of various kinds, was shipped to Hongkong on local development in other ways along foreign steamers and transhipped for Japan, but lines, and the introduction of foreign with the stimulus of outgoing coal cargo ideas and foreign goods promise increased to Singapore and of return cargo of imports from abroad and an increased sugar, all ander the encouragement of the and stimulated production of Chinese Japanese Government, Japanese reasole goods. While it is probable that exchange are now taking most of the trade for will decline materially it seems likely that Japan direct. In the meanwhile there such deline will improve the situation, has been a considerable increase in the scale of one eighth of an inch to the foot,EDERLANDSCH-INDISCHE for while high exchange would favour shipping service from the East Indies to imports from abroad the situation of Hongkong and Japan, the Java line of China at the present time demands a good steamers, for example, now putting into market at profitable terms for Chinese service a new 12,000-ton ship, with others produce, and this can come only with to follow. lower exchange. Stocks of nearly all stand goods in Hongkong are low, and buying upon a large scale will be renewed when more settled conditions obtain. Buying for the immediate needs of the market in any event will be material.

ADMIRALTY OIL RESERVES.

It is matter of common knowledge, The pros writes a London finarcal journal, that perity and advancement of the Philip-uring the past two years the British pines affect Hongkong trade directly and Admiralty have been making fairly favourably, while improved crop conextensive provision for the storage of oil ditions in Indo-Chinn, Siam, Burmah, fuel. At Portsmouth, for instance, there and other points drawing upon Hongkong for supplies or distributing their products are now close on a score of tanks either through Hongkong promise much for the year's business,

4

The model is cugined and fitted with electric light throughout and built to the

e

The Captain, officers and passengers were united in their praise of the ingenuity displayed by the builder in the construction of the model and the making of the ways which was all carried out to scale,

AK, TSUDZURABARA, Manager Hongkong. Jst May, 1913

636

(NETHERLANDS. INDIA COMMERCIAL BANK

HANDELSBANK

wwwww..c

ESTABLISHED 1853.

Authorised Capital F1, 15,000,000 (£1,250,000) Paid an Capitel Fl. 14,905,350 (£1,242,112) Reserve Fond F1, 5,022,161.27 (£418,513

HEAD OFFICE: AMSTERDAM HEAD AGENCY: BATAVIA.

LONDON BANKERS: THE WILLIAMS DEACONS BANK SW183 BANKVEREIN,

BRANCHES AND AGENTS all over the World.

THE BANK tmnescis very description of Banking and Exchange busines, receives mone on Current Account at the rate of 2 per cent, per annum on Daily Balancee. Rates on Fixed. Deposit can be ascertained on application.

G. VERMEY, Manager, No. 8, Des Voox Road Central

·Houpkong, 23rd April 1913 :

[214

BONGKONG SAVINGS BANK.

Attor the ceremony many of the passon-US Business of the above Bank is cer. gers took photographs of the model, and

遇 ducted by the HONGKONG AND its builder-Singapore Free Press,

the launching ways being of the same scale. The motor is one of the Bassett Lowke, Ltd, type, called the "Nautilus " (a powerful little 6-valt moter of the highest class), it is fitted with special "Twin Gear" box, but to get the four propellers in action the onter shafts had to bo geared to the main shafts by small cog wheels, thereby working all propellors by the one motor. The power of the motor and lights are received from a 4-volt. 60- vamp accumulator. The hull is planked with three sixteenth of an inch sycamore wood and secured to the "sections" by brass screws. constructed or under construction, while When everything was in readiness, Miss at Invergordon lon tanks have been laid Hilda Woodcock, one of the passengers, down. Similar tanks each of which is pressed an electric button, which released capable of holding 6,000 tons have been the iron stoppers" or "daggers," and CHINA COAST FREIGHT RATES.

erected at various other points convenient amidst hearty cheering the ship slowly for oiling the various units of our fleet glided down the ways into the "Tarpaulin It seems apparent, writes the United In addition, it now transpires that the States Consul General at Hongkong, that Admiralty are accumulating substantial the crisis in freight rates along the east reserves in the storage tanks of the Asiatic coast, which have been ranging Scottish mineral oil companies. These abnormally high for some time, has been tanks are, of course, convenient to the reached, and that a readjustment is Rosyth Naval Base, which promises to be imminent. These rates directly and at one of the most important bases on our times vitally affect the tide of the United to This oft is of the variety knowir States in rice, matting, spices, and in the trade as lighthouse" oil, being similar goods exported to the United a grade of gas oil. It has already been States through Hongkong, but brought to used extensively by the British Admiralty, this port by local steamers, for trans-ship and from every point of view has yielded ment to the occan liners.

excellent results. The Achairalty, it is The situation in the general coast trade understood, have intimated to the Scottish is somewhat complicated by the fact that mineral oil companies that they are quite there is a conference" governing freight prepared to take every ton of such oil that rates between Hongkong and the Philip can be produced, and are paying a price pines, another governing the rates on which, while not exorbitant, leaves an freight from West River points and adequate margin of profit. In addition, Canton to Hongkong, while at the same the Admiralty are ready buyers of heavier time freights in the Yangtze River residue oils for use in adapted furnaces, district and to and from the ports of the The price received for this is also a fair Yangtsze to const ports in the vicinity have been raised by a direct combination on, and might almost be described as among the lines of steamers concerned, found" money to the Scottish mineral The freight situation in Hongkong and oil companies, which at times were sore Bouth Chinn has materially changed input to it to find a market for such oil the past two weeks largely because of a change in the rice situation in Indo- China. As a result of the increased supply of ries on hand in the markets of the Far East and lowering prices for the grain, Saigon rice producers have stopped shipping

their product, with the result that a large amount of tonnage normally employed in this rice trade has been released and is now upon the freight market. Freights have fallen immediately. chat on ries from Saigon, for example, falling from c.18 to e. local currency (about c.9 to 4.4-5 gold) per nicul of 1333 hs, although the latter rate is above the usual freights obtaining in recent years.. While rates have been lowered for the time being, it seems probable that the unemployed tonnage will be soon absorbed by other trades.

The influence of the Canton and West River conference and of the Philippine conference is in the direction of maintain- ing rates, and while there is no combina- tion of coasting steamer lines directly. most of the lines concerned in the trade, including the Indo-China Steam Naviga tion Company (fardine Line), the Ching Navigation Company (Butterfeld & Swire Line), the China Merchants Com- pany (Chinese Lime), and the Osaka Shosen Kaisha (Japanese Line), are all diveetly concerned in other combinatione, and recently effected a new combination in connection with the shipping on the Yangtze River and to points along the central Chino gnast, na 4 result of which rates were advanced on various com moditis ranging from 10 to 30 per cent. There seems to be no prospect of any break in coast freights in a way to affect Straus-Pacific or other rates on

medities, but it is probable that it will hake some time for local freights on the China coast to reach a stable basis,

com.

IF YOU ARE

"OUT of SORTS"

OR

'LIVERISH'

THE TRADE OF THE STRAITS

SETTLEMENTS.

The report on the year's trade showed 1012 as a satisfactory year. The export velums of trade was practically station- ary, but the values increased. The mer chandise imports totalled 428,413,000 dollars, and the exports 350,742,000, in each case a substantial increase Colonial interport trade was practically stationary.

Nothing keeps a man or woman down like indigestion or liver trouble; nothing braces them up so quickly or so surely as a course of Mother Seigels Syrup, the digestive tonic and stomachte remedy, made of roots, barks and leaves. It tones and strengthens the stomach, stimulates the liver and bowels, braces the nerves, purifies the blood, creates app:tife, and assists digestion. Thirty drops taken after meals, will make and keep you well and strong.

MOTHER

SEIGEL'S SYRUP

At one time indigestion nearly wrecked any health. I had begun to despair of ever being cited when my attention was called to Mother Segel's Syrup Very soon that wonderful remedy set a righeal for years since I have been a strong and healthy man. Tattribute that fact to Mother Segel's Syrup. Mr. J.SEEDHOUSE, Salters Ral. Walsall Wood, Walsall, Staffs, 29/11/2

Is the tonic you need.

106

SHANGHAI BANKING CORPORATION

Ruloe may be obtained en application.

INTEREST on depozite is allowed on the Minimum Monthly Balanoss at 31 per cent per annum.

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

For the HozGKONG AND SHANGHA BARKING CORPORATION,

N. J. STABB,

Chief Manager Hongkong, 1st July, 1911

T

719

HE CHARTERED BANK OF INDIA

AUSTRALIA AND CHINA.

INCORPORATED BY ROYAL CHARTER, 1853 HEAD OFICE LONDON,

PAID UP CAPITAL REVE FUND...

RESERYS

LIABILITY

PROPRIETORS..

BANKS

THONGKONG AND

[629-2

BANKING CORPORATION.

SHANGHAI

PALD-UP CAPITAL RESERVE FUNDS

STERLANG

... $15,000,000

SILVAS

$17,200,000

$32,200,000

£1,500,000 at 2/$15,000,000

***

料

RESERVE LIABILITY OF PROFTORS$15,000,000

COURT OF DIRECTORS,

8. II. DODWELL Erg-Chairman,

Hon. Mr. D. LANDALE-Deputy Chairman,

W. L. Patterdoa, Etsj. -

G. Friesland, Eng.

0.8. Gabbay, Esq.

P. H. Holyoak, Etq.

G. R. Laurens, Esq. F. Lieb, Eleg.

J. A. Pinmmer, Esq.

Hon. Mr. E. Shellim. IL A. Slets, Esq.

CHIRE MANAGER : Hongkong, J. STABB,

MANAGER: Shanghai-A. G. STAYEDN.

LONDON BANKERDI LONDON COUNTY AND WESTMINSTER BANK LIMITED. HONGKONG-INTEREST ALLOWED. eant par sanum on the Daily Balance,

On Curront Account at the rate of Two pr

ON FIXED DEPOSITS,

For 3 months, 2 por cent, per Annam For 6 months, 3 per cent, per Ankar For 12 months, 4 per cent, per Amani

N. J. STABB,

Chlef Manngor.

Hongkong, 8th May, 1913.

ME

[38

MERCANTILE BANK OF INDIA. LIMITED,

Authorised Capital Subscribed

£1,500.000 1,125,000

Paid-up Reserve Fund

BAN

BANKERS: BANK OF ENGLAND, and

562,500 415,000

LONDON JOINT STOCK BANK, LIMITED.

INTEREST allowed on. Current Accounts at 2 per cent, per annum on Daily Balance and on Fixed Deposits at rates which may b ascertained on application.

A, R. LINTON, Mainger,

Hongkong, 14th July, 1913.

(878

INTERNATIONAL BANKING

CORPORATION.

OF

£1,200,000 £1,700,000

£1,300,000

HEAD OFFION 60, Wall Street, New York LONDON OFFIC#: 36, Bishopegace, E.C.

BRANCHES -

Bombay

Galcntis

FOREIGN EXCHANGE and Genera Banking business transacted.

CURRENT ACCOUNTS opered FIXED DEPOSITS received for 1 year o shorter periods at rates which will be quote on application,

A. 8. HEWETT,

Acting Manager. Hongkong, 14th April, 1913."

THE

LIMITED

7 ОКОНАМА ТМИЯРЕСТЕ

Canton

Cebu

Colon

Empire

Hongkong

Hankow

Kobe Mazila Mexico Params.

Peking

San Francisco

Shanghai

Tokohama

CAPITAL AND SURPLUS.... $7,060,000

equal £1,450,000 EVERY DESCRIPTION OF BANKING

BUSINESS transacted,

T133

BANK

CURRENT ACCOUNTS opened on the unal

1

"AUTHORISED CAPITAL................ Yen 43,000,000 FAID-UP CAPITAL... Zon 50,000.000 RESERVE FUND

Yen 18.100.000.

OTORORAMA. Branches and Agencies at

Antoug-Haisu Lian-Yang Brojan

Calentie

Bombay

Changchan

Dairen (Dalny)

(Fort Artho London San Francis

Los Angeles Shragtni Lyone Tiehling

Feagtien (Minden Negeseki Teatein Harrow

Harbin Hopeidiu

Koko

Newchwang Tokyo

New York

Osaks

Pekin

INTEREST ALLOWED ON CURRENT ACCOUNTI

Deposite received for fzed periods as rates o be obtained on application.

EISHI ONO, Manager

Hongkong, 31st March, 1913,

terms.

DEPOSITS RECEIVED, dzed for one year

at per cent, per annum, or for shorter pariods, et rates which may be ascer tained on application

and

BILLA NEGOTIATED and COLLECTED MAIL

TELEGRAPHIC REMIT TANCES made, LETTERS OF CREDIT and DRAFTS granted on all the principal cities in the World.

THE BANK'S CIRCULAR LETTERS OF

CREDIT are available all over the World.

COMMERCIAL LETTERS OF CREDIT

issued.

PURCHASE and SALE of Stocks, and

Bharos effected. TRAVELLERS CHECKS cold and eished

GEORGE HOOG, Manager,

9. Queen's Road,

164

Bongbong, 2nd November, 1912.

22C