1914-01-08 — Page 7

alle Jalmer &

The thre Mentuny 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 CRAWFORD & CO.

and from ALL WINE MERCHANTS.

THE

[74

DAIRY FARM Co., LTD.

FURE, RICH AND WHOLESOME

MILK

Straight as it comes from the Cow..

The Company's Farms, Utensils and Methods are Models of Cleanliness and, iz these particulars, are probably unsurpassed in the World.

[29

GRACA & CO.

JUST RECEIVED:: POSTAGE STAMP CATALOGUES FOR 1914. Hongkong, 29th December, 1913.

MARTIN'S

APIOL &STEEL mamPILLS

X Switch Remedy for ali Erzes Zhoude of led be swape koop = |

(1403

THE HONGKONG DAILY PRESS, THURSDAY, JANUARY 8TH, 1914.

SHANGHAI PIECE GOODS

TRADE.

REVIEW OF THE TRADE IN 1913.

Messrs. Noel, Murray & Co.'s report on the Bhanghai Piece Goods Trade

·SAYS Lami

Again the merchant and dealer have had a year of anxiety and deferred hopes, but at the same time it must be admitted that under the circumstances it is wonderful hom well the trying times hare boon tided over. 1912 closed with an unsettled outlook, thore vas no recognized Government and the world was wondering how the now order of things, a Republican form of administration having been decided upon, would work out. Gradually an Assembly was formed and met ia Poking but the aum total of their efforts was practically all, and later in the year one of the great parties, roostly malcontents and enomics of the Provisional President, was proscribed and ordered to dissolve, many of the members were unsented, several were arrested and oventually the whole Amembly was dismissed; the parliamentary form of Government seemingly proving a failure at the present phase of the history of China. The above events are hardly recorded in their proper sequence, as early in the month of July, a serious revolt against the Pre- aldoat broke out in the Yangtse Valley and South of Chica, which reached alarming dimensions and in a vorg few days civil war was being waged, the opposing forces being the hastily enlisted hordes of the riff-ra of these parts and the trained army of the President which was divided up and de spatched as required to the affected parts of Chins, and it would seem the result of this. clashing of arms depended largely upon the loyalty or otherwise of the Naval force, and as they threw in their lot with the President the tide was soon turned in favour of the Government, and the leaders of the rebellion fled from the country and are at present

WM.

POWELL, LTD.

ANGLO-ORIENT

REVERSIBLE

THE

QUALITY AND DURABILITY

OF

THE

MOUTRIE

SEAMLESS

·BQUARES,

CORRIDOR RUGS.

is BACKED

HEARTH RUGS.

AXMINSTER. BRUSSELS. WILTON.

AND KIDDERMINSTER.

SEAMLESS SQUARES.

STAIR CARPET.

MOHAIR RUGS.

[627

believed to be funding asylum in Japan. INDO-CHINA BRICKS. TILES. PIPES

COMPANY. LIMITED.

BEST FIRE BRICKS AND FIRE CLAY

PATENTED ROOFING TILES.

Guaranteed against Tagen and Leakage.

MORE THAN TEN MILLIONS IN USE IN THE FAR EAST,

SAMPLES AND FULL PARTICULARS FROM

P. SOFFIETTI & Co., 14, DES Vœux ROAD. TEL. 289.

IN STOCK.

ALWAYS

[1049.2

PIANO

GUARANTEE

for FIVE YEARS.

PRICES from $385.

S. MOUTRIE & CO., LTD.

BANKS

THE CHARTEREN BANK OF INDIAH BANKING CORPORATION,

AUSTRALIA

INCORPORATED PY ROYAL Chanten, 1859:

HEAD OFFICE-LONDON,

Paid-up Capital...

£1,200.000

Reserve Fand...

£1,700,000

Beserve Liability of Proprietom £1,200,000

Banking business transacted

(629.4

BANKS

ONGKONG AND SHANGHAI

Paid-up Capital

315,000,000

Reserve Funds

Sterling

£1,00,000 at 2/315,000.000

Silver...

$17,450,000

$32,450.000

FOREIGN LXCHANGE and General Reserve Liability of Proprietors $13,000,000

CURRENT ACCOUNTS opened and FIXED DEPOSIT received for 1 year on shorter periods at rates which will be quotesf en application.

A. S. HEWETT,

Acting Manager Hongkong, 14th April, 1913.

THE

LIMITED.

SPECIE

YOKOHAMA

Authorised Capital Paid-up Capital... Reserve Fand

[494

BANK,

·Yen 48,000,000 30.000, 00

., 18,550,000

HEAD OPPICE-YOKOHAMA, Branches and Agencies at

Lino Yung Lyojun

Antang-Hein

Calentia

Bombay Chang Chan

Dairen (Lalay)

(Port Arthur) London San Francisco

Los Angeles Shanghai Lyons Tiehling

Fong tion (Mukden) Nagasaki ~ Tíenteiä

Haukow

Harbin *Honolulu

Kobe

Newchwang Tokyo. New York Osaka

Paking

INTEREST ALLOWED OF CURRENT ACCOUNTI Deposits geceived for fixed periods at cater to be obtained on application

EISHI ONO, Maonger. Hongkong 30th September, 1913. [464

COUET OF DIRECTORS.

8. H. DeDWELL, Esg-thairman..

Hon. Mr. D. LASDALE-Deputy Chairman.

G. Friland, Esq.

E. Goetz, Esq,

C. S. Gubbay, Esq. P. H. Holyoak. Erq. G. R. Laurenz, Esq.

J. A. Planimer, Esq.

W. L Pattender, Esq.

H. A. Siebo, Esq

Hon. Mr. E. Shellim.

CHIES MANAGER :- Hongkong-AJUSTABI,

MANAGER: Shanghai-A G. SEPTEN.

LONDON BANKERI:

LONDON COUNTY AND WESTMINISTER BANK LIMITED:

..

HovasaNO-INTEREST AGLOWED.

On Current Account at the rate of Two par cont. per annum on the Daily Balanoo. Os FIXED DEPOSITS.

For 9 months, 2 per cent per Annum. For 6 months, 94 per cent. per Annum. For 12 months, 4 per cent. per Antu

N. J. STABB,

Chief Manager.

(18

Hongkong, 19th October, 11:13,

INTERNATIONAL

BANKING

CORPORATION,

HEAD OFFICE: 60. Wall Street, New York, LONDON OFFICE-96, Bishopsgate, EC.

While it Instod, the rabelliou presented. many. formidablo and ugly features; the platters had been proparing for it for many months, they had to all appearances sub-¦ stantial funds at their disposal, arma and acmanuition were snuggled into the country in enormous quantities, and when the sigral was given, to the surprise of everybody, the poorly equipped, hurriedly trained army. mado a most preditable stand against the Northern solders. The actual slaughter was trilling in the extreme, but the noise made was terrifying, particularly so, os most of the fighting was dono at night time. One of the worst features of the briof cam- paigu was the threatened international com- plications that prosented themselves, parti- cularly in these polyglot and strangely. governed Bottlemonte, bat theso questions- are of too delicato n nature to be introduced into a report on trade. By the beginning of September, order, more or less, had been previous year and 197,000 in 1911. The delivered, comparing with 426,000 pieces in established and quite a little spurt in busi. stock, 106,000 pieces, would therefore seem 1911 and 331,000 in 1912, the stack being PEDDER ST. (Hongkong Hotel Building);

dese was rituossed, the smouldering embers to be sufficient. Printed Cottons whilst 310,000 pieces, 34,900 pieces of Jeans were Dealers in

of the outbreak being laft te burn themselves increasing in consumption from 423,000 eutered and 20,000 piecus used--this is 10,000

· PICTORIAL- POSTAGE STAMES,

POST CARDS, SEEDS, BOOKS, out in the neighbourhood of the city of pieces in 1912 to 527,003 in 1913, stood at more than last year, but in 1911, 60,003 Nasking, and ore the year closes it is likely 60,000 in 1911, and there is still a large pieces were cleared. Of shooting 1,458,000 TOYS, &c.

the dangerous element, a distinctly savage stock of these, many no doubt being of pieces were imported and 1,389,000 pieces army, will have boon marched hack to the unsuitable quality, pattern and colours A delivered, against 1,440,000 in 1912 and North, whenen it came. Meanwhile, events feature of this class of goods is the large £475,000 in 1911. The stock of stoetings is in Peking had been progressing apsce, and and increasing supply of Russian prints, woll 522,000 pieces Looking at yarn, 600,000. on the 6th of October, Yuan Shib-kai was dyed and of liberal dimensions, and pur pieuls of Indian were imported and 571,000 elected permanent President of the Republic chasers have the privilege of returning and piouls taken up, against 697,000 picula in of China. On the 10th day of the same orchanging unsuitable designs, even weoka 1912, 464.000 piculs in 1911 and 698,000 month the Inauguration Ceremonies tock after the goods have hoon taken away. It piculs in 1910. The Japanese yarn ontored, place, and the day was celebrated as the remains to be seen whether this open-handed totalled 606.000 pleuls, against 414,000 in second anniversary of the Republic; the treatment mi to continued indefinitely. 1912, 429,000 in 1911 and 207,000 pouls iz Representatives of the Powers also pre The consumption of fancy worens has fallen 1910. Local yarn delivered and passed seated Lofters of Recognition to the Chief off from 91,000 pieces in 1911 and 98,000 through the Customs was 421,000 picula in of the Republic, which has been cetablished pinces in 1912 to 71,000 last year, and stock, 1919, 453 003 piatta in 1012, 383,000 in 1911 in remarkably quick time and let us hope 31,000 pieces, soems bulky, as it compares and 260,000 pícula in 1910. All the milk i will thrive and last for ages. There is a with 2,500 pieces on 31st December, 1913. have had a your of great prosperity, have strong man at the head, who seems to know Turkey Reds wore brought in to the tune paid good lividends and built up reservoN, what is best for the country, and no doubt of 591,000 pieces and only 324,000 pieces The factories orning looms have also heen be will evolve a suitable form of Ocvera were taken up, which shows a failing of about doing remarkably well with their cloth mont to serve for the first few years of the 50,000 pieces in two years. Japan now productions. Republic's existence. A noticeable feature supplies a low quality, which competes and As to the course of the markets from HE of the Administration is the employment of slaughters the prinos obtaindle for the whance supplies are derived, when the year a limited number of foreign advisors in older goods and chops. Velvets, which were 1912 opened, on extensive strike was on various spheres. Amongst other events of dificult to procure last year from the makers amongst the Yorkshire dyers, which was minor importance may be noted the mar and ran down to a stock of 3,346 pieces on finally arranged on the 27th February, vellous and spectacular funeral ceremonies 31st December, 1912, have been imported to Through this, many contracts were rendered recorded to the bodies of the late Empress an absurdly heavy extent, 10,000 pieces, of nugatory an account of late delivery and Emperor and Chief Concubins; the deter which only 50,000 pieces have been delivered, in some area this was probably a blessing mined and apparently succumulus sucuses with the result that 58,000 pisces, a year's in disguise to this market. Later in the ta stamp out the Opium scourge and, the consumption, remain on hand Muslins year other labour troubles occurred in Great steady progress of the introduction of Rail- soom to have been more in favour during the Britain and again further lots of high ways all over the country.

The value of the trade done in Piece against 192,000 in 1912. The import was repurchased at far more favourable prices. year and 268,000 pieces have been consumed, costing goods were concolled and can now be Goods last year shows a very substantial 313,000 pieces, so that stocks appear to be After the 13th November, 1912, the quota- increase all round. The Importa totalling more reasonable, 92,000 pieces. Lenos and tion for spot middlings American Cotton in 15,700,000 piece against 10,989,903 pieces in Raizarinos have been well judged, 25,000 Liverpool rose from 6.50d. to 7.11d. on the 1912, and 16,800,000 pieces in 1917 and the pieces being imported and 27,000 pieces used, 3rd of January, 1913, and the price was kept- Clearances were 14,643,671 pieces, 12.758,329 leaving a moderate sized stack of 3,516 above 6.801. until the end of April and over in 1912 and 13,010,000 pieces in 1911. The pieces. Of the flannel sorts, Cotton Spanish 6.601. until July. In August it fell to 6.42d. year closos with a stack of 6,807,692 pieces, Stripes and Flanaclettes have increased in but on 4th September it had jumped up to but these figures will no doubt undergo con consumption from 26,000 pieces last year, to 7.401. on unfavourable crop reports being siderable modifcation when the Chamber of 11,000 pieces in 1913, and we finish up with published, and the highest point was reached Commerce returns are available.

a stock of 9,100 pieces. American Flannels on With September, when the quotation was So far we have not got the figares of the are most in request and 210,000. pieces have 7.964. Since then fluctuations have beez

T past year's trade before us, in convenient boen called for, out of 293,000 pieces somewhat violent, but the tendency has been form for comparison and so on, but as it is imported, the carry over being 185,000 downwarder and at the close the rate is usual to review the business of the preceding pisces. European Flanaols rose from 40,000 12 months at the beginning of a new year, pieces in 1911, to 49,000 in 1912 and 64,000 back to 7.06d. All through the winter and spring of 1913, the Manchester market was. we will endeavour to make a few notes on in 1913, but the import was no less than well maintained by the enormous buying LLY features that may strike us as being 221,000 pieces and thero remains 3 stock that was done for India and prices opened, Hallent. In the first place wo observe that of 162,000 pieces in consequence. In this

at the highest point, 8/6d. for 81b. Shirt the trade in Manchester Grey and White ne, the Japanese mills are competing and ings and 11f- for Calverts 10h, and it was Shirtings has expanded must satisfactorily, they sent in 28,000 pieces, of which 7,600 not until August that the former price was the Imports of the Former boing 1,181,000 pieces have been delivered. The Fast Black dropped to 3/1. For a short time in July, picces greater than in 1912 and the off-take Italians continue to find favour and these Calverts were offering at 10/6d. In October, exceeded the prrivals by 188,000 pieces and gure largely in the Auctions--1,002,000 however, a sudden rise took place and the were 3,287,000 pieces against 2,732,000 in

pieces were imported in 1913, and 1,049,000 grays were run up to 8/10 because the 1012 and 3,110,000 in 1911.

The White pieces was the offtake, comparing with cotton situation Was looking serious; Shirtings imported totalled 2,853,000 pieces $77,000 in 1912 and 1,003,000 pieces in 1911; Calverts were then quoted at 11/0. At the Against 2,708,000 in 1912, and the consump tocks are 354,000 pieces. Coloured Figured close be getting

Italians are also popular and 646,000 pieces of the year maker appear to bitta TEDERLANDSCH-INDISCH THE BANK OF TAIWAN, LIMITED.

A Karina da khu kazan, sekreton the dat

· Miga så any inreystadiiy of the system a shusly dusu (say be administered. “fioso was * use than two mmesd Alam,bones thaÍTEKOR

PROTEKA AU Chorafata and Blária quil Löwen Abroughout World, or post trat m MARTIN, Ghrolak, Bakkhampton, Beg.

MARTIN'S APIOL & STEEL

FOR

NERVOUS EXHAUSTION

LOSS

MEMORY

and

DEBILITY

and

feen the

HEAVES

CHAPOTEAUT'S PHOSPHO-CLYGENATE OF LIME

It increases vital energy end-nerve- force, cures Neurasthenia, Oyasepata, Insomnia, and nerozus diseases in adults and hildren.

IN GAPSULES. IN WINE, AKO 19 SYCUP

THE NEW FRÈNCH REMEDY, No No2 MES

Chemists. CURES BLOOD POISON, SIDNEY, BLADOKIL DRINARY DISEASES,

THERAPION price ricading

DISCHARGES, WEAKNESS, PIZZA. SEXONTANELERS

ENVELOPE POR FREE BOOKLET-TO

KED, CO HAVERSTOCK SD, HAMPSTEAD, LONDON, Ruchi FAMIS DEPO: RUZ CASTIGLIONE, A CURA NEW YORK DEPCT: 90. BERYNAN 67. 20% YOU! TAYNEW DRAGEE (TASTELESS) FORNO TO, TANE

THERAPION ON

THERAPION

SALT

· TRADĚ NÁBRED-

ER THAT, STAME AFTALED TO ALL CEPURE PACKET

ON SALE.

"A TABEN OF TEL

123-419

tion was, 2,943,893, against 2,400,000 pieces.

Mexico. Pamuns.

BRANCHES-

Bombay..

OF

Calentta:

Kobo Planila.

Cantou.

Cabu.

...£1,500,000 1,120.000

Colon.

562,500 $15,000

Empire. Hongkong.

Hankow,

MERCANTILE BANK

INDIA, LIMITED.

Authorised Capital Subscribed Paii-up Reserve Fund

BANKEKS BANK OF ENGLAND, and

LONDON JOINT STOOK BANK LIMITED, INTEREST allowed on Current Account at 2 per cent. per annum on Daily Balane and on Fixed Deposits at rates which may be ascertained on application

A. R. LINTON, Manager, Hongkong, 14th July, 1913. – [F8B

INTEREST on deposita is allowed on the

per annum.

Poking,

San Francisco. Shanghai.

Yokohama.

CAPITAL AND SURPLUS Gold $7,200,000 equal £180,000

CURRENT ACCOUNTS opened on the usual EVERY DESCRIPTION OF BANKING,

BUSINESS transacted.

terms,

'DEPOSITS RECEIVED, fxed for one year

at 4 per cent. per sunum or for shorter periods, at rates which may. be ascertained on application. BILLS NEGOTIATED and COLLECTED, MAIL

REMIT. and TELEGRAPHIC. TANCES made.

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

CREDIT are available all over the World. COMMERCIAL LETTERS OF CREDIT

Issued

HONGKONG SAVINGS BANK.

THE Business of the above Bank is con

ducted by the HONGKONG, AND SHANGHAI BANKING CORPORATION THE BANK'S CIRCULAR LETTERS OF Rules may be obtained on application. Minimum Monthly Balances at 3 per cent Depositor may transfer at their optine balances of $100 or more to the HoNORONG DEPOSIT at 4 per cent. per annum. AND SHANGHAI BANK to be placed on FIXED

For the HONGKONG AND SHANGHAI

BANKING CORPORATION,

N. J. STABB,

Chief Manager. Hongkong, 1st July, 1811.

[19

HANDELSBANK.

(NETHERLANDS INDIA COMMERCIAL BANK.)

ESTABLISHED 1863.

In both cases the stocks to be carried ovar

were cleared, against 591,000 pieces in 1912. having changed to one of an overstocked show substantial reductions, viz., 825,000 Venetians of all kinds numbered 351,000 market, and prices are back to 8/8d. for and 500,000 pieces respectively. Blenched pieces and Lastings 215,000 pieces. Of all the 8416. Shirtings and 11/6 for Calvort T-Cloths were more in demand this year, these fanny goods, stocks appear to be made 10th. It was a fortunate thing for the China 3$3,000 pieces being delivered, against rate, but under the heading Figured and merchants that this high range of prices ASTIANPUR 175 102,000 in 1912, but we believe prices realized Embossed Fancy Cottons, a large stock of was maintained all through the year, ne

were not altogether satisfactory. T-Cloth $11.000 pieces appears, whereas the year's bigers here have been depressing the market Authorised Capital F1. 30.000.000 (22.500 000) have hardly moved off so well, the import of take was only 141,000 pieces, the imports all along and have no doubt obtained their Paul-up Capital... Ft. 17.407 000 (£1.450.83) hoing 147,000 pieces in excess of clearancesinas being clase os: 300.000 places. The

supplies at cheap rates. American prices Reserve Fund ... FI. 6,518,00(£543,168) and stocks have increased by 87,000 pieces. demand for the ok! Fushioned woollens, via, have been stronger even thau Manchester's, The consumption of English drills is Camlets, Long Ells, Lastings and Spanish and they have held them up right along to diminishing, the figures being $2,000 against trimes seems be dying out, now that the the end of the year. Accordingly. China 46,000 in 1912 and 48,000 in 1911, the armies are clothed more in European style. has not made any substantial purchases for preference seems to be for American and Woolens generally do not appear to be Japanese makes. On the other hand, taking on with the Chinese, so these and the some months past and can probably afford to hold off the market for some time longer, English Jeans maintain their position and mixtures are stacking up, the exceptions when the level of prices may be expected to popularity, and contrary to expectation they being Union Cloths and Ponchos of

RATES OF EXCHANGE AT BOMBAY

For Demand Drafts on London on the day

of or preceding the departure of the English Mails: also Table of the Yearly Approximate Averagea

for 30 years,

FROM 1874 TO 1909.

PRICE 19 CASH.

On Sale at the DALLY PRESS Of Local Booksellern

be lower.

much

for

HEAD OFFICE: AMSTERDAM. HEAD AGENOT: BATAVIA

LONDON BANKERS:

THE WILLIAMS" Dracosa Bang, SWISS BANKVEREIN,

The Bank transacts every description of

Deposit at mates which may be ascertaine on application,

do not appear to have been over-imported, American Goods it can be said that the Next in order we come to the subject of the stock being under 150,000 pieces, whilst imports and clearances have kept very close the financial position of the Republic. It Banking and Exchange business, receives 1,279,000 pioocs were imported and 1.235.000 together, the Shirtings being 17,000 pieces pieces were cleared, against 1,085,000 in 1912. norted and 34,000 cieces taken up, against as not until the 27th day of April that the money on Current Account and on Fixei and 972,000; pieces in 1911. The importa-11,000 in 1912 and 25.000 in 1911, and the tions of English sheetings were abd well stack is low at 112.000 pieces, 382,000 pieces judged, 112,000 pieces, of which 102,000 of drills were landed and 348,000 pieces piecas were taken up, against. 145,000 in the

discussed

Loan Quintuple £23,000,000 was fually agreed upon and signed, and it would probably be a diflicult (Continued on Fage 6.)

0., VERMEY, Manager, No. 8. Des Faux Road Central, Hongkong, 3rd October, 1913,

[21

PURCHASE and SALE of Stocks and

Shares effected. TRAVELLERS CHECKS sold and cashed

GEORGE BOGA, Manager.

B. Queen's Road,

Hongkong, 21st October, 1913.

[1230

(Incorporated BY SPECIAL INTEGRAL CHARTER),

Capital...

Ten 10,000.000 Capital Subscribed (paid up) | s 6,250 000 Reserve Fund

2,620,000

HEAD OFFICE: TAIFER, FORMOBA.

BRANCHES AND AGENCIES:')

Amoy Apping

Canton

Swrtow

Taitenz

Kobo

Tamsal

Nagasaki Tokyo

Yokohama

Foarhuv Osaka Kung Shanghal

HONGKONG OFFICE,

-3, Des Var ROAD.. Interest allowed on Current ‘Accounts. Depos to received on terms which may be had on application.,

K. TSUDZURABARA, Manager. Hongkong, let May, 1913,

11272