1913-08-21 — Page 5

utter Faner & Co

The Wine Merkung of the bast

NAPIER JOHNSTONE'S

'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.

TO LET

TO LET.

174

HOP, No. 12 Queen's Brad Central - No. 4, MOUNTAIN VIEW. PEAR. No. 5, STEWART TERRACE, PEAK.

Apply to-

M. J. D. STEPHENS. (72% Hongkong, 17th July, 1913.

•R

Apply-

TO LET.

[(From 1st July, 1913)

TO LET

TO LET.

105

TIENTSIN, 1902-11,

THE HONGKONG DAILY PRESS, THURSDAY, AUGUST 21st, 1913.

The following is from the Decennial Report of the Tientsin Commissioner of Customs, Mr. J. F. Oiesen

The Tientsin. report published with the series of Decennial Reports, for 1882-1901 wag dated the 1st September 1905, and embodied events, trade statistics, cté, up to the month of July, 1005. The import- anos of the events of 1900 and their more immediate consequences were therein fally dealt with and need not now be re-stateil. The present report is résume of the trade and history of the port and its district for the subsequent period from

1005 to 1011.

25

whose

WM. POWELL

COMBINED

BRUSH

LTD.

WITH

TELEPHONE 345.

JUIS T

CONTINUOUS

SUCTION

ARRIVED!

A NEW

CONSIGNMENT

OF

VICTOR RECORDS

AND

VICTROLA MACHINES

SWEEPERS

SUCKS

UP

DIRT AND DUST.

VACUUM

LIGHT

SIMPLE

ΤΟ

WORK.

STRONG

LOW

EXCEPTIONALLY LOW PRICED.

to

TECOVER

BY THE

"MONTEAGLE.'

EXCLUSIVE DISTRIBUTORS;

S. MOUTRIE & CO., LTD.

[699

NORDDEUTSCHER LLOYD, BREMEN: IMPERIAL GERMAN MAIL LINE.

NOTICE TO CONSIGNEES.

THE Steamship.

"PRINZ WALDEMAR," having arrived, Consignees of Cargo are heraby informed that their Goods, with the exception of Opium, Tressure and Valuables, are being landed and stored at their risk fats the hazardous and/or extra innenrdous Godowns of the Hongkong and Kowloon Wharf and Godown Company, Limited, Kowloon, and Wast Point Godowns, whenes delivery may he obtained.

Optional Cargo will be forwarded on unless intimation is received from the Consignees before Noon To-Dar requesting it to be

No Claims will be admitted after the Goods have left the Godowns, and all goods remaining nadelivered after the 26th Aug. will be subject

a rent

All broken, chefed, and damaged Goods are to be left in the Godowns, whore they will be examined on the 26th Aug, at 2.30 AM.

All Claims must reach us before the 3rd Sept., or they will not be recognized, No Fire Insurance, will be effected. Bills of Lading will be countersigned by the

NORDDSUTSCHEE LLOYD, Undersigned.

MELCHERS & Co.,

Gonern) Agents ፐረ

Hongkong, 19th August, 1913:

NOTICE TO CONSIGNEES

FROM KOBE AND MOJI.

The remarkable growth of Tientsin in the first years after the Boxer troubles of 3000 has on the whole, been well sustained. In spite of a severe set-back in 1007, due to over-trading, commerce has continued to prosper, and in the last year nuler review renched maximum figures" under every heading. A. note. worthy development of direct trade with foreign countries has taken place. In earlier years the Tientsin market drew its supply of foreign goods mostly from Shanghai, and shippoil the bulk of its exports to foreign countries through Shanghai agencies, But during the Inst five years an increasing number of ocean- going steamers have come to Tientsin, bringing and taking direct cargoes from and to America, Europe, and Japan, with the result that in 1911 the direct origa trade amounted to 527 per cent of imports

the foreign goods imported amounted to NOTICES TO CONSIGNEES and 16 per cent, of exports, Doubts have

63 million taels, being only half a million! from time to time been expressed as to

short of the figures for 1910; and there is the capacity of Tientsin to hold its own,

no doubt that had it not been for thei yet it now ranks next to Shanghai in

disturbances, legitimate trading would size and in the importance of its trade.

haye made an unprecedented stride. The Work is proceeding on land and water to

total value of the Chinese importa was extend its facilitier as a commercial port.

243 millions, and the exports of local With the improvements to the Haihe body were not affected by the failures in Chinese General Chamber of Commerce, origin amounted to 10 millions, amking in progress, and those contemplated at Shanghai, owing to the fact that they to control the melting of syene. But grand total net value of 116 million the Taku Bar in the near future-includowed money to the southern path, never owing to the difference of opinion between taels, being the highest point reached ing a prospect of keeping the river open theless, some wealthy dealers at heavily, foreign bankers and the Chinese authori. since the opening of the port The in winter as far as Teriku by means of

being unable

Shanghai ties in regard to the method of exchanging increase of 144 millions in the exports ice-breakers-the accessibility of the port

advances. The local authorities and deteriorated silver possessed by the was largely due to the phenomenal will be greatly enhanced for large and hanking eircles took steps for relieving former, the solution of the question was advance in the shipment of raw cotton, derner draught vessels. The extension of railwars towards the west and north, the stringency of the local money market, not arrived at until 1919. In the interval occasioned by the high price of cotten and it was decided that four banks, viz., the foreign bankers refused to submit abroad. The export trade of Tientsin has rhich must inevitably come, will open up new markets. tapping vast areas of the Ta Ching Government Bank. the hua-pao silver, which they had in their increased very considerably, and now pronation and consumption,

Chibli Provincial Bank, the Chit Chong possession, to the examination of the commodities are constantly added to the nearest port will he Ticatsin. And wien, Bank, and the Communication Bank, Assay Office The result was that assayed list of goods exported abroad. This is silver became scarce in the market, while the most important fenture in the com- is now under contemplation, the jointly should provides the sum of one NO. 2, MOUNTAIN VIEW, THE PEAK Kalgan Railway is pushed northward to the at innvenience arose because foreign mercia: development of the port, as it across Mongolia and linked up with the Chinese banks and merchants who were banks refused to accept cheques for assay will increase the parchasing power of the Apply

Siberian Railway. Tientsin will be these in need of funds to tide over the ed silver drawn on Chinese banks by farmers and bring about the greater con- and LINSTEAD & DAVIS.

nearest available seaport to Central critical period until the New Year settle. Chinese merchants in settlement of their sumption of foreign goods.

inents. This arrangement did much to accounts to foreign fros. Finally, an To complete the review of the trade of Hongkong, 10th June, 1913.

1780

Siberia, and the railway journey from here to Europe will be at least a couple restore confidence. The total value of the arrangement was arrive at between the port for the period 1905-11, mention of days shorter than from any other Far trade for 1910. amounted to 98 million the foreign bankers and the Chinese must be made of the settlement, during Eastern port. From every point of view, taels, of which 54 millions represented the authorities in regard to the remitting of the last year of the decade, of a question therefore, the future of Tientsin may well value of foreign goods iraported, showing the deteriorated silver in possession of which also affected the economical circles an increase over the two previous years of the former, while the Customs Taptai of Tientsin and which had been under 66 DANFURLY," No. 11, Conduit Road.

brenntemplated with equanimity and

8 and 9 millions respectively.

issued a proclamation commanding smelt litigation for many years. viz. thin even with well-rounded optimism.

During the year 1910 two grave ques- ing shops in future to maintain 692 fine financial complications of the salt mer- GODOWNS, 94, Wanchai Road. 102. Praya

The trade of Tientsin, which had been tions which had vexed the market were in making hun pao syere. According to chants, which involved their insolvency, Fast.

making steady progress since the Boxer trouble of 1900, received a great impetus practically settled. The first of these was the terms of the Tantai's proclamation Changin, now called Tsangchow, is an THE HONGKONG LAND INVEST-at the time of the Russo-Japanese war, the indebtedness of the Chinese mercan of the 7th May, 1910, the debased srces important salt-producing district in being assisted by the special or abnormal tile community to foreign merchants, held by the foreign banks was examined China, the output thereof being known MENT AND AGENCY Co., LTD.

conditions then prevailing. Good crops which, as already stated, was estimated by the Chinese authorities and duty by the special term of Changlu salt. This Hongkong, 8th August, 1913.

enineidling with a ready market and high at 14 million tasks, including the accumu. stamped The difference, in value claimed is shipped to Tientsin for distribution to prices for farm produce at the seat of war later interest on accounts outstanding for by the foreign banks was, after much the varions districts in North China. The greatly increased the well-being of the some years. This formidable sum was at controversy, made good, and this vexed salt merchants of this port, who enjoyed rural population, with the result that the end of 1900, after deducting debts that question was disposed of, While the monopoly of the trade, lore the reputa- TODERN THREE-ROOMED FLATS the gross value of the trade for 1905 rose appeared irrecoverable and compounding difficulty in respect of the foreign banks tion of being very wealthy and influential. was thus avercome, the mercantile com During the Boxer troubles some of these MODERN THREE BOnce, Humphreys from Tis. 71,821.928 in 1904 to a little others, reduced to a million to wing

over 100 million taels. The year 1908 was under agreement with the Diplomunity still had a cause for grievance merchants last heavily; some with ingre Buildings, Cornwall Avenue, Kowloon,

No, & MINDEN VILLAS. Mody Read, one of continued increasing activity, thematic representatives of the foreign For although the Customs Tantai had advanced ideas-took up various ander

value of the trade being nearly 118 merchants concerned (the British mer

restored the exchange rate for Haikwan takings, but their speculations beingTHE Steamship FOUR-ROOMED HOUSES in Cameron million. This, however, was, unfortunate cantile community took no part in the and Tientsin taels to 100-105, it was 1208sful, they frequently borrowed arrangement made) and n committee stipulated that only assayed silver, was from foreign banks. In raising these Terrace, Granville Avenue and Salisbury ly, in a large measure due to speculation.

India, having experienced good harvests presenting the principal Chinese hongs, acerptable in payment of duty. And, Ioans the sanction of the Salt Controller having arrived from the above Ports, Con- Avenue, Kowloon. Cheap rentals.

was required, and this sanction gave the ignees of Cargo are hereby informed that their SHOP with GODOWN attached. Nathan for two consecutive years, began to buy known as the Li-chib-hni, it was arranged wing to the scarcity of assaved silver, Road, Kowlook.

large quantities of silver, and its price to pay by instalments covering a period merchants, when paying duty, had to pay appearance of official recognition of these foods will be delivered from alongside,

of 25 years. bearing interest at 4 per cent. a' rucltage fee of 1.2 per cent., besides a loans. The initial effort to repudiate Apply to-

consequently went up steadily. This was HUMPHREYS ESTATE & FINANCE a boon to China, and all the ports enjoyed the interest alone being payable for the emission of 0.8 per cent charged by the official responsibility for the loans con- its fall benefits. In Tientsin prosperity Brst four years. A Chinese and foreign Haikwan banker. This grievous surcharge tracted by the salt merchants with the inint commission was established, under continued until November, 1911. when, foreign banks did not prove successful: ruled, but many merchants, without eon- sidering that such a wonderful state of the auspices of the Lichih-hui, to finance with the new method of collecting the foreign official interference caused the the market was only a temporary phero this arrangement. Its bank opened on venne under the control of the Inspector Board of Finance to move in the matter, menon, freely made anticipatory importa the 20th May, 1910, with a capital of General. it was possible to establish a flat with the result that the Board ordered the tions and, what was worse, sold goods on Ts. 150.000, and did an ordinary banking rate of Hk. Tls. 100-Tientsin Ts, 105, local officials to liquidate the claim by business. Up to this time certain smalf Since thea. for the first time in the taking over the stocks and the salt rights credit. regardless of the buyer's com- mercial standing; thus laying the claims had been settled privately, but history of the port, the amount of duty of a number of the salt merchants who foundation of great evils that came to practically nothing had been done with paid is the actual equivalent of the were adjudged incapable of continuing on Nfrom lith, Cetober, for 6 months (balance thin ese, we regard to the large claims, Good work amount leviable al the tore once to their too heavy

chants during the following two years,

was, however, accomplished by negotia-Government receives its full due, while liabilitics. The salt merchants with less The result of this reckless over-trading tions with the Chinese deniers, which the mercantile community benefit to the liabilities were allowed to continue their was not long in being felt. The next brought the situation nearer to a practical extent of 2 per cent. on all duty payments, business under official supervision. To The Commercial Guarantee Bank which, taking the revenue collection for meet those liabilities a loan was raised. year, 1907, the price of silver suddenly basis. dropped, while that of commodities went of Chibli was subsequently established to 1911 as a basis. represents a saving of and the Ta Ching Bank advanced 7 million tacls. with which the Salt Con- up, the general purchasing power thereby contime the work of the commission. The early Tls. 70,000 in a year.

Notwithstanding the terrible outbreak troller wiped off the indebtedness to the being greatly reduced. A great blow was bank is to fulfil the role of a clearing thas given to imports as well as to house; it is to act as middle-man between of plague in Manchuria during the winter foreign banks. The Chinese creditors were exports. Moreover. Chinese merchants Chinese and foreigners. "All the assets and of 1910-11, and a financial crisis in the instructed to file their settlements of neres. These claims were submitted to were compelled to suspend payment to liabilities of the Chinese dealers involved autumn, brought on by the revolution, claim with the Chinese Chamber of Com foreign firms, the amount involved being were taken over hy the bank, which will the total value of the trade for 1911 something like 14 millions for the goods also attend to claims of the foreign firms.prowd a record one. During the time the Salt Controller for devising means they had purchased on credit when the whose debts are to be wiped off by the the plague was raging from Harbin to of repayment, and it is satisfactory to The scheme has been Mukden and even nearer to Tientsi. note that he has moved with commendable market was booming, and many went into issue of bonds,

worked out in such a satisfactory manner passenger traffic on the railways, owing to celerity both in trying to adjust the bankruptcy.

In 1908 the political unrest caused by that most of the involved Chinese dealers. the severe quarantine regulations, was claims of the foreign banks and in the demise of the Emperor and the instead of closing up for good, will have very much restricted, with the consente attaining a modis viuendi as regards the

and merchants

their Chinese Empress Dowager in close succession time to reoperate and get on their feet that deals from these parts did not come salt further added to the financial panic. No once more. The nominal capital of the down to Tientsin to bay stocks of certain creditors. For Sale. LADBROOKE," No. 9, Con-ones ventured to buy. Goods were either bank is Tls. 4.000.000, of which the Viceroy Larticles, which in the ordinary course of duit Road. Fine View of Harbour, 8 Rooms, left in the market untouched or else piled contributed one-half, the other half being events would have been cleared. 3 Bathrooms, Garden and Tennis Court. up in godowns. The fact that the net provided by the foreign merchants. The improvement set in during April, and a Accommodation for 30 Servants.

value of the trade. which was Hk. Viceroy paid one instalment, namely, healthy state of trade existed until the Tis. 112.8 millions in 1906, made a sudden Tls. 250.000, of his share of the capital outreak of the revolution in October. fall to 96.7 millions in 1907, and further The bank will issue bonds to the extent Deliveries from inmorters' godowns were deerased to 79.4 millions in 1908, will of Tls. 5.001,000. The assets of Chinese very satisfactory during this time, but Show to what extent Tientsin was affected dealers in the bank's casession amount came to a complete standstill directly the by the depression. A gradual recovery, roughly, to Tis. 8.000.000. The Viceroy's traibles commenced. Not only was there However, took place during the year 1900, apitol is guaranteed by the native assets us business in imports during the list when the value of the trade went up to For the working purposes of the bank a two months of the year. but, as inevitably 982 million tacls. The political situation loan of Tls, 7,000,000 was arranged with happens in China, collapse of trade and caused the market to be considerably the Ta Ching Bank, and of this amount credit went hand in hand. Only a few

out The days after hostilities broke depressed during the first three months Tls. 200.000 have been paid over. of the rear. But on account of decreased registration of the bank has been duly Wachang, and the revolutionary move

August 12th Benarty, Diomed, Indien, stock through limitation of importation affected with the Board of Finance, Beardment seemed to be spreading all over the in the previous year. together with a of Commerce, and Wai-wu Pu. and its country, all the Chinese harks in Tientsin Koerber, Pring Ludwig, Sunda, Annam,| sudden demand from Shansi and Mon- affairs are managed by a mixed director and Peking were in difficulties and had Titan. Furst Bulow Kish

August 15th-Intraut, Kaga” Maru, golia, and also on account of comparate, composed of three foreigners and to close down. Most of them are still

Ganfo, P. E. Friedrich, Socotro, Tungs tively good crops in the previous year. three Chinese.

closed and will probably remain so. the tone of the market improved. And

The second of the vexatious questio s Provincial dealers bream conspicuous by Mar. Telemarkus, Fray Castle, Den of when, in June, there came a rise in the

was that of deteriorated hua-pao silver, their absence, the reasons given being: Glamis, Paul Lerut, exchange and plenty of rain gave promise which had been pending for several years their inability to obtain goods on credit; August 19th-Michaen. of good harvests, the trade ravived in the and had caused great inconvenience in the lack of means of transferring money, second half of the year and became almost commercial transactions. The loss directly owing to the closing of the Chinese banks; normal in December. Conditions of trade sustained by merchants through the and the state of lawlessness in the sur- in North China at the beginning of the arstion of fineness of hua-pao silver was rounding country, which made it too risky Koeber, Furst Balow, year 1910 were considered satisfactory, not insignificant. It orginated through to travel with store or goods and the business of the port appeared to the Customs banker's decision in 1907, on Tientsin Chinese merchants had large have started on a firmer footing than the ground of the deterioration in finenes;

Kowloon, Five Roums, Tennis Court.

Co., LTD., Alexandra Buildings. Hongkong. 12th Augast, 1913

TO LET.

[964

TO. 104. THE PEAR, GOUGH HILL, of lease) or more. Partly Furnished. SIX ROOMS.

Apply

H. W. D. SHALLARD,

Care of P. & O. 8. N. Ca Hongkong, 18th August, 1913.

TO LET.

[985

TURNISHED, KELLETT CREST, No

66, PEAK; early possession. ROGATE Austin Road. Kowloon, from Jat October

HARTING," Austin Road, Kowloon, Immediate possession.

MERION, No. 10, PEAK, Farmished or Unfurnished 6 ROOMS Cheup rental.

To Let or For Sale. GLENSHIEL," No. 124, Barker Rand, Peak, 5 ROOMS.

For Sak. HARTING and ROGATE" on part of Kowloon Inland Lot No. 1154. Apply to LINSTEAD & DAVIS,

3rd Floor, Alexandra Baillings. Hongkong, 20th August, 1913.

MARTIN'S

YAPIOL STEEL SPILLS.

st

A Franch Namedy for all irregularision, Tronce of Law Alwaɔn köẹp a box of Harlin's Pilk ba the bodes, ko tuaj on the sien of any irregularity of the System & tirely doormsy be administered. Those who use them sociimpud thom, hence their minus ale, All Chamista and Storns sell them throughout the World, e post tree Si MARTIN, Chemist, Borthampton, Kit

MARTIN'S

SAPIOLASTEEL BRISA PILLS

THE NEW FRENCH REMEDY, No“ NəŹ NoD

THERAPIONE 29leading

CUPES BLOOD POISON, KITES, BLADDER TRIMARY DISEASES, DISCHARGES, WEAKNESS, PILES. CEND STAMP ADDRESS KEVELOTE FOR FREE DOUALET, TO DR. LE CLERG KEL, CO, HAVERSTIGE CATALYSTIAN ERROR ENTI

I DZPOT: 12, RUZ CASTIGLIONE. | A CURE. NEW YORK: EXPOT: DE BERKMAN ST. For You! TRYNEWAGEL(TASTELESS)FORK OF A TO TAKE

SAPE ANT

THERAPION LASTING CERE

JEE THAT TRADE MARKED WORD 'THERAVION' O

7.GOVT. STANY AFPAALO TW ALL GENUINE VAGRETE

fot

i

Ал

at

The

but it is believed that they were still able

PASSED THE CANAL.

July 15th-Idomeneus, Sumatra, Finto, Wakaso Maru.

July 15thi Maru, Austria. July 29th-enalder, Doxcation, Lutzow, Patroclus Sambia, Atreus, ubia, Senegambir,

August 1st-Armand Bekig, Sado Maru, Scharnhorst,

August 5th--Teraon, Alexia, Laomedon. August 8th-ntenor. Kintack, File, Stentor.

ARRIVALS AT HOME. August 19th - Jufenor,

Dorflinger,

SHIPPING REPORTS. The British str. Pheumpenh reports:

The British str. Tungshing reports:

in previous years. On the whole it is of hun-nao to raise the rate of conversion sams of money outstanding against these considered that, but for the financial crisis for Haikwan racis from Tientsin Tls. 10s provincial dealers, which for the above in Shanghai, brought about by the rubber to Tls. 107. On the protest of the Con. reasons, they were not able to collect: Light wind and fine weather. boom, Tientsin would probably have sular Body, however, the former rate was to meet their liabilities to the foreign Moderate to strong S, W. winds, very high

an Assay Office was 175 experienced a year of unexampled trade restored, and

these adverse factors, the total value of Point. activity, coupled with good profits on the established, under the supervision of the merchants in the part Notwithstanding northerly swell, from Paracels to Breaker business done. Piece goods dealers as a...

“TORILLA,"

Cargo impeding the discharge will be landed st consignees' risk and expense into the hazar dous and/or extra hazardous Godowny of the Hongkong and Kowloon Wharf and Godowa Company, Limited.

No Fire Insurance has been effected. Bills of Lading will be countersigned by the Undersigned.

DAVID SASS00N & Co., LTD

Agents.

160 Hongkong, 19th August, 1913,

FOR

NERVOUS EXHAUSTION

LOSS

of

MEMORY

and

DEBILITY

anu

feed the NERVES

CHAPOTEAUT'S PHOSPHO-GLYCERATE

LING

It increases vital energy vad nerve force. cures Hourasthenia, Dyzpopula,

Insomnia, and nervous diseassa in adulté and children,

IN CAPSULES, IN WINE, AND IN SYZUM

123.41

NOTHING BETTER FOR THE SEASON!

JUST RECEIVED,

NTYLISH BATHING DRESSES and

CAPS.

FINEST VOILES, STRIPED. FLOWERS.

and FANCY.

FINEST MUSLINS. PLAIN and DOTTED EMBROIDERED MATERIALS, &c., &c.

Yon will Brd Our Rangy Incomparable for Quality. Style and Prices, a

HOOSAIN-ALI & Co.,

1c, D'AQUILAR STREET.

Hongkong, 26th June, 1919-

£45