1913-10-03 — Page 5

Daily Press 孖剌西報 All

auther Feamers &

The tone Merchany of the last

INAPIER

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 GRAWFORD & CO.,

and from ALL WINE MERCHANTS.

TRY

[74

Beecham's Pils, they are just the thing as a family medicine. Nothing to be compared with them has yet been put before the public, For over half a century this medicine has been an easy First Favourite in countless households and the name and fame of Beccharis Pills have spreed all The reason for the over the world,

enormous popularity of this remedy is not far to seek. Experience has shown that there is nothing better for derangements of the stomach and digestive organs generally. Taken in accordance with direction

BEECHAM'S

Pills give quick relief, stimulate the ergans to healthy action and have a tonic effect upon the whole system. If you have not tried them and have any doubt as to their real value and efficacy, get a box and You will find judge for yourself. Beecham's Pills a valuable aperient and unequalled in regulating the stomach, bowels, liver, and kidneys, and restaring the powers of digestien. They increase the appetke, promote assimilation of food and establish good health: No household Many should ever be without a box. thousands of families have proved the value of Beecham's

PILLS

CHAPOTEAUT'S

MORRHUSL

Superior to Emulsions or Cod Liver oil.

Each tiny Morrhuol capsule re- presents the medicinal value of e teaspoonful of oil,

Recommanded at the Paris Aca. demy of Medicine, for loss of appetite and flesh, to patients with consumptive tendencies.

Sold in bottles of 100 Capsules. Sold by all Chenfets.

223-1

THE NEW FRENCH REMEDY. THERAPION No. 1

GURPS MIRCHANGES, EITHER SEX, WITHOUT INJECTIONS.

THERAPION. No. 2

CORES BLOOD SON, BAD LE, ERIS KAUPTIONS.

THERAPION No. 3

Casa ROVIC WEAKNESSES, MAAND, LOST VIGOR, an HOLD BY LEADING CHEMISTA. FUCK IN ESULAND, 2/p. SIND NEAME ADDRESS ENVELOPE IDR FREE BOOK CLERC Mir, Ed. HAVERSTOGE RD. HAMPSTEAD, LONDON, .TELY NEW DE JOEX (TABYKLEES) OF

A CURE FOR YOU

EASY TO TAKE

THERAPION LASTING CERE

HKC THAT TASTE. MARKED WIDERAPION" RRU, VT, STANS AFFIXED 10 AIL GENGINN NACHITA, INSIST ON HAYING THERAPION.

COMPANY MEETING.

HONGKONG COTTON SPINNING, WEAVING & DYEING CO., LTD.

The sixteenth ordinary meeting of shareholders in the above Company was held at the office of the General, Managers, Mesars. Jardine, Matheson & Co., Ltd., yesterday morning. Hon. Mr. D. Landale presided, and there were also present:- Sir Paul Chater. Mr. J. W. C. Bonnar, Consult- and Mr. Ho-Fook (Members

ing Committee). Mr. C. W. Beswick (secretary), Mr. J. Harrop (manager), Mesars W. E. Clarke, A. Rodger, P. C Potis, H. Gittens, Yuen Hop, Lo Cheung- Siui, A. Bang, A. E. Grapneil and J. Q. Taylor.

The Secretary read the notice convening the merling,

no

THE HONGKONG DAILY PRESS, FRIDAY, OCTOBER 3αn, 1913,

The CHAINAN said: Gentlemen, During the past year the cotton and yarn markele bave ruled comparatively steady With the all- and trade has been fair. round improvement in our organisation this has enabled us to show a satisfactory result for the year's working. The out- break of the rebellion seriously hampered us during the last two months of our working year and, business being prac tically at a standstill, chased our stock of yarn to increase considerably. but it was all sold, and I am glad to say that wo have since had good clearance. Our cotton position is satisfactory, as we are covered at low rates well into the new season, which is fortunate, in view of the sharp advance that has recently taken place. The mill is now on a sound basis, Brad as our spinnings continue to gain in difficulty in favour, wo find disposing of the whole of our output. Throughout the past year we have worked full time on the long day shift, and the position of our order book was such that. the general managers decided to place the mill on day and night work from the commencement of the new financial year. As csual in such cases, we encounter some difficulties with the new unskilled labour, but we are gradually improving in this respect and hope shortly to show an You will increase in our production, observe that the sum of $18,091 has been epent on repairs and renewals, and we may say that particular attention is paid towards keeping the whole of our pro- perty and machinery in a high state of efficiency. Your general managers have had under their serious consideration the advisability of recommending you to branefor the mill to Shanghai, and it is which has been only the large sum invested by the company in land and buildings here, and which would in the event of such a transfer being made be left unproductive, that has deterred us from bringing forward the proposition. The land and buildings new stand in our books at $550,000. $120,000 for land and $400,000 for buildings, and a sum which it would be very difficult to recover by a sale of the property, since the buildings of n conton mill are not very suitable for anything else. I may say that the salo of the 10,000 spindles to Shanghai resulted in a profit of about $60,000. Ou the book value the property account, which stood at $1,616,047 in 1912, now There are many stands at $1,148,407. reasons even at present why Shanghai is & more suitable place for a cotton mill, such as the purchase of raw cotton, the production of which has increased so much of late years in Central and North ern Caina, and the supply of labour, but the chief reason is one which overshadows the future and which will materially affect all manufactories in this Colony. I refer to the possibility of un increase in the Chinese Customs duties. This is

a contingency which we must keep before us, and it may be necessary for me to again refer to this subject at no very distaat date. There is an item in the accounts, viz., $1,000 bonus to be divided amongst the foreign staff at the mill, and 1 feel sure you will approve of the Consulting Committee's action in making tho grant in recognition of good work, under trying conditions of climate and native labour. We are fully engaged two to three with work for the next

IS OX

No questions were asked.

1175

WM. POWELL, M

LTD.

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THE

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ALL KINDS AND FOR ALL PURPOSES. AS SUPPLIED TO H.M. GOVERNMENT DEPARTMENTS.

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EULOGY OF BRITISH RULE.

PRAISE FROM A JAPANESE.

An anonymous contributor gives an interesting account in the Yomiuri as to the conditions of the Japanese in Singa Pote under British rule. He says:

EXCLUSIVE DISTRIBUTERS:

MOUTRIE

BANKS

ONGKONG AND

& CO., LTD.

BANKS

GI

629.4

EDERLANDSCH-INDISOE

SHANGHAN HANDELSBANK.

HBANKING CORPORATION

PAID-UP CAPITAL

$16,000,000

RESERVE FUNDB : --- .

STERLING

£1,500,000 at 2/-815,000,000 SILVER

$17,460,000

832,450,000 RESERVE IXAMLITY OF PROE'Zons 815,000,000

Count or Dintcrons.

G. Friesland, Esq.

:

8. H. DODWELL, Esq.-Chairman. Hon. Mr. D. LANDALA--Deputy Chairman. 3. A. Plummer, Esq. W. L. Pattonden, Esq. H. A. Sicbs, Esq. Hon. Mr E. Shollin.

C. S. Gubbay, Ex. P. H. Holyoak, Esq. G. R. Laurenz, Esq. F. Lieb, Esq.

CHIEF MANAQEB: Hongkong-N. J. STAND.

MANAGED

Shanghai-a. G. STUPIEN,

LONDON BANKERS:

LONDON COUNTY AND WESTMINSTER BANK, LIMITED.

HONGEONG-INTEREST ALLOWED,

On Current Account at the rate of Two per cent. por aanum ou the Daily Balance ON FIXED DETOBITE.

For 3 months, 24 per cent, per annum For 6 months, 9 per cent. por Annum For 12 months, 4 per cent per annum

N. J. STARB,

Chief Manager. Bangkong, 16th August, 1913.

(10

(NETDERIANDB INDIA COMMERCIAL BANK)

ESTABLISHED 1865:

Authorised Capital FI, 30,000,000 (£2,500,0%) Paid-up Capital. FL. 17,407,000 (£1,460,690) Reserve Fund... FL. 6,518,000 (£549,103)

HEAR OFFICE; AMSTERDAM. HEAD ACNOx: BATAVIA.

LONDON BANKERS:

THE WILLIAMS DEACONS BANK. SWASH BANKVEREIN,

The Bank transects every description of Banking and Exchange business, receive money on Current Account and on Fixed Deposit at rates which may be ascertained on application.

G. VERMEX, Manager, No. 8, Des Voeux Road Central. [21 Hongkong, 3rd October, 1913

HONGKONG SAVINGS BANK.

THE Business of the above Bank is con

且 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 3 per cent. per annum,

Depositors may transfer at their option balance of $100 or more to the HONGKONT AND SHANGHAI BANK to be placed on FIXED DEPOSIT at 4 per cent. per ann.

For the HoNoRONG AND SHANGHAI BANKING CORPORATION. N. J. STADB, ·

Chief Manager. [10

OKOBAMA

THE

SPECIE LIMITED.

BANE

Hongkong, 1st July, 1911.

AUTHORISED CAPITAL... Ten 48,000,000 Yen 18,550,000

PAID-UP CAPITAL KITA Yen 20,000,000 THE CHARTERED BANK OF INDIA

RESERVE FOND

HEAD OFFICE-YOKOHAMA Branches and Agencies at

Lise-Yang Ryojus

Antung-Hsin

Calcutta Bombay

Changchun

Dairan (Dalay

London

(Port Arthur San Frangian:

Los Angeles Shanghai Lyons

Tiebling

Fengtien(MuEden)Nagesalti Tientsiz

Hankow Harbin Honolulu

Kobe

Newchwang Toky: New York

Osaka

Paking

INTEREST ALLOWED ON CURRENT ACCOUNTS Deposits received for fixed periods at rajo to ba obtained on application.

EISHI ONO, Manager.

Hongkong, 30th September, 1919.

"NTERNATIONAL

[464

BANKING

CORPORATION.

HEAD OFFICE: 60, Wall Street, New York.

an example, a big Japanese hotel ia LONDON OFFICE: 6, Bishopsgate, E.O.

colonial

BRANOHES:

Bombay

Kobe

Calcutta

Manila

Canton

Mexico

Panama

Poking

San Francisco Shanghai Yokohama

Cebu Colon

Empire

Hongkong Hankow

supply, and sanitary provision. To cite Singapore pays only one dollar per year as tax. The cost of living is decidedly cheaper than imagined by the Japanese at home. The cheapness of the daily food stuffs is surprising. So far as clothes are concerned a suit of white and a few Japanese pakota would suffice.

The British Government's administration is admirably liberal and Paying due respect to the benevolent, manners, customs and ways of living of the different peoples, the Government CAPITAL AND SURPLUS never forces their alteration. Thus an Indian can make his appearance in a EVERY DESCRIPTION OF BANKING Government office or a Coait of Justice in practically a naked condition. Chinese immigrants in French, Saigon have a number branded on their faces with ink, but in Singapore they enjoy equal rights with the British people in all respects.

87,060,000. equal 21,450,000

---BUSINESS. transacted.

CURRENT ACCOUNTS opened on the usual

MAIL

torns.

REMIT.

AUSTRALIA AND CHINA.

INCORPORATED DY ROYAL CHALTER,–1850.

HEAD OFFICE-LONDON,

- PAID-UP CAPITAL

RESERVE FUND

RESERVE LIABILITY OF PROFZIE-

TOES

FORLIGN

£1,200,000

£1,700,000

£1,200,000

EXCHANGE and Cestra) Banking business transacted.

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

A. S. HEWETT,

Acting Manager

(138

Hongkong, 14th April, 1913.

THE MERCANTILE BANK 00

TH

INDIA, LIMITED.

Authorised Capital

Subscribed

Paid-up Reserve Fund'

BANKEER! BANK OF ENGLAND,

and

£1,500,000 1,125,000

662,500 415,000

LONDON JOINZ STOCK BANK, Limazid. INTEREST allowed on Current AccomD.

no 2 per cent. per annum on Daily Balance and on Fixed Davosits at rates which may be ascertained on application.

A. B. LINTON,

Manager.

Hongkong, 14th July, 1913.

T

(87%

HE BANK OF TAIWAN, LIMITED, (INCORPORATED BY SPECIAL IMPERIAL

Снаптер).

Capite!

............... Yen 10,000,00 Capital Subscribed (paid up)..Yen 0,50,00

Yen 2,620,OUG

As a whole the Japanes in Singapore months, and present prospects are fair are driving a very good business. This provided the price of cotton keeps within must be die, of course to the diligence reasonable limits. It is to be hoped that of the Japanese settlers themselves, but good trading conditions will prevail and should also be attributed to the good administration of the Brilish authorities. enable us to show a satisfactory result for In fact, the British way of administra the current year. If any shareholder has tion in the Island is so satisfactory that any questions to ask I shall be pleased too Japanese would be disinclined to live there were it not for the hot climate. answer him.

In the Malay Peninsula, there are no

DEPOSITS RECEIVED, fixed for one year at 4 per cont. per annum or for white labourers. Japanse immigrants

shorter period, at rates which may The CHAIRMAN then proposed the adopare excluded from America, Canada and

be ascertained on application. tion of the report and accounts as Australasia, solely because there they are Legal punishments are quite moderate,

TELEGRAPHIC and the competitors of the white labourers, the common form being a fine. Even those BILLS NEGOTIATED and COLLECTED Reserve Fund presented..

In the Peninsula, however, at present who aro guilty of any serious, crimes are

TANCES made. Sir PAUL CHATER seconded the motion, there is no such anxiety about how many punished by

of deportation.LETTERS OF CREDIT and DRAFTS granted on all the principal citior immigrants Japan may end. Provided Foreign political refugees are afforded

Amoy which was carried unanimously.

in the World. Sir Paul Chater, Mr. J. W. C. Bonnar the immigrants are trained to some kind every personal protection, and this is

of work, they can obtain jobs from the why Dr. Sun Yat-sen and Mr. Kang THE BANK'S CIRCULAR LETTERS OF Arping CREDIT are available ull over the Canton the ami 31r. Ho Fook were re-elected mem-

Foochow very day they arrive So far as carpen Yu-wei once took shelter in the Malay

World ebers of the Consulting Committee, on the

Peninsula. motion of Mr. CLARKE, seconded by Mrters are concerned, for instance, there

COMMERCIAL LETTERS OF CREDIT Keelung appears to be no end to the daily depand POTT'S.

issued. Mr. TAYLOR proposed that Mr. W. of their services. They earn from 2 to

PURCHASE and BALE of Stocks and

Shares effected. Hution Potts be reappointed auditor at dollars per day. This is certainly a

The British-American Tobacco Co., Ltd., i good wage as compared with the home- a remuneration of $250 per annum.

GEORGE HOGE, Mr. Lo CHEUNG Su seconded, and land, where the highest daily wages seni as two specimens of the anusing TRAVELLERS' CHECKS soud and cashed hardly exceed one gen. On Japanese Billiard Room series of pictures by Tom

Manager. the motion was agreed to nem, con.

The CHAIRMAN-That is all the business, immigrants to. Singapore practically no Browne, which they are giving in return

The pictures, Queen's Road, gentlemen.

Thank you for your attentax is levied. They have only to pay for empty Maspero tins.

Hongkong, 2nd November, 1912, are excellent reproductions. dence.

trifling sum of money asfees for the water

ON SALE. гONGKONG HANSARD REPORTS |

of the MEETINGS

COUNCIL

LEGISLATIVE

Session 1912.

Raviden BY THE MEMBRES.

PRICE

DAILY PRE OFFICE. Hongkong, 25th June, 1913.

for

$5.

means

[2

BEAD OFFICE: TAIPER, FORMA

BRANCHES, AND AGENCIES:

Swatow Kobe Nagasaki

Ozaka Shanghai

Tatrian

Terasai

Tokyo

Yokohama

HONGKONG OFFICE, 8. Dre VEUX ROAD.

Current Accountz Interest allowed on Deposits received, on terms which may in had on application.

K. TEDDZURABARA, Manager. Hongkong, let May, 1918.

(688

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