1914-02-28 — Page 5

The Wine Merchany

MAPIER 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 WINK MERCHANTS.

Press The Balb and Pocket The Profita

Double Your Present Income

That's what you can do to matter who You are or where you live. You can positively deable your present income by working during spars shad or permanently as a one mingis photo. grapher. One man earned over 116 pounds in 3 manà another made 120 pounds in 90 days. This opportunity is youre to mains toumense dows probe with @sputatott

Mandel

Post Card Machine

A wonderful, one minute picture-taking: machine. Take and finishes photo pat pads and best ¡ ROOM ÄR S minute's time and at the rate of 31

ats. No szparience nasusanry, reine.

tatto

say, no probu to divide with anyone. No wailingen

90 6 the

and collect your xisoney "right away. The machine is oppich

Portable Photo Studio

and embodies a caines, developing chamber and darke roomwall in nog. The pictyisen sen maca and Galabed by wts own, exchiales, scientific process of photography-- Photos Direct on Post Cards No Plates, Films or Bark Room

This new and wonderful process of taking and finishe for pictures on the interest of everybody and insures Targe pela and profits for you. As comivale and fair in and roland poly cricket and foodal

Easy parades nod durbans - bas

fuck

gay place where people asemble are money-making fields for our operators, Small capital startiyanı

Complete Outfits £2.10 and up

No matter what rose circumstations by ke, you can nord go of our outfits from the many different ones we mcfacture. Each ""Mandel”. Machine is equipped with no excellentiem and in absolutely perfect in contrac toneWde immediately for complets jafumaBODY FREE. We will show you how to start a bias profit- abin Lakmen of your air. Addras s

THE CHICAGO FERNOTYPE CO. FAZFarrotype Bldg. CHICAGO, U.S.A.

"PLASMON FOODS MAKE BONE, MUSCLE

& BRAIN.!!

DAVID F 11.0 ANALYSIS PROVES that. the nutrional (viz., puta aislesilable protcid) contained in. 2-ld of beef filet does not equal

PLASMON

contains 61,30% pure protekt and 2,08% of the all-essential Organio Phosphorus, which is elial not merely to health, but to actual esistence.

"Plasmon added to food

Both curiches the Parur

All cases the tru“.

tive male coKI

Lancet

MARTIN'S PIOL&STEEL SPILLS

A Franch Remedy toyslalsredulupisten. Apska Fbegunda of ladies always kang x box at MARIN PREin the house, no that go ton dess Field, timely down:

A fans Imandezity of the bo

1042.9

banca Edair EDOTA ME “PROKEN VA. All Chamisis and Blores sell Exa

Barthaus She Sorld, or poss "tros K's. JERR-TIM, Rhamial, Bogthampton, angs

MARTIN'S

SAPIOLASTEEL

HAMBURG LETTER.

THE HONGKONG DAILY PRESS, SATURDAY, FEBRUARY 28, 191411

SPECIALLY WRITTEN FOR THA: “ HONGKONG

DAZLY Preis."I

HAMBURG January 29th.

THE MONEY MARKET,

Money is getting more plentiful from day to day, the Bank of England and the Reichsbank reduced their rates simultaneously by per cont, last week, the one to 4 per cent,, the other to 4 per cent, and the government banks in other countries followed suit. It has so far, however, failed to give any fresh impetus to business, which continues dull, and although there has been a little more pro- fessional trading on the stock exchanges the outside public remains seated on the fonce awaiting further developments in the political situation in the Near East and in other matters nearer home. The news from Constantinople regarding the

Islands

sounds rather disquictening, but the general belief is that the Great Powers will succeed in preventing - a serious conflict between Turkey and Greece,

THE ATLANTIC SHIPPING POOL A meeting of the great steamabip com panies in Paris last week convened for fas purpose of renewing if possible the Atlantic Pool which expires on the 31st inst ane led to nothing, for although the Canadian Pacific Railway Co. and the Allan Steamship Co. had stated their willingness to rejoin, which removed one of the difficulties, the most important trember, the Hamburg-America Line, wae conspicuous through its absence, Herr Director Ballin having declared that ho could not take the slightest intercat in the proceedings so long as the other com- panics were not prepared to make such concessions as his company, being the owner of the largest mercantile flock in the world, was entitled to. This was followed by the an

announcement of the opening of a now line between New York and the Mediterranean and of an agroc ment concluded with a British Company with regard to the trade with the Persian Gulf. The Norddeutsche Lloyd is having her largest and fastest passenger steamer, the Keiser Wilhelm der Grosse, altered for the 3rd class and emigrant service, and rates are being steadily reduced by all the companies engaged in the North

WM. POWELL,

ROLL

TOP

DESKS.

LTD.

TELEPHONE 346.

0

OFFICE

FITTINGS

NEW VICTOR RECORDS

THE LATEST,

FILING

SONGS.

DANCES.

CABINETS:

SPECIALISTS IN FILING SYSTEMS.

VERTICAL

SECTIONAL LETTER

FILES.

TYPEWRITER SECTIONAL

DESKS.

CARD

INDEX

DRAWERS.

REVOLVING AND TILTING CHAIRS.

ENQUIRIES INVITED

(627

INDO CHINA PORTLAND CEMENT COMPANY, LTD.

FAMOUS

DRAGON

BRAND

CEMENT

PORTLAND

HA

PEMENT

ONG

ALWAYS IN STOCK

HIGH

QUALITY BUILDING

CEMENT

Apply to 1. SOFFIETTI & Co, 14, Des Voeux Red Central, et Floor Telephone 230.

MADAS A [1049-1

AND

SELECTIONS, etc.

INSPECTION INVITED.

EXCLUSIVE DISTRIBUTERS:

MOUTRIE'S

BANKS

HONGKONG SAVINGS BANK.

THE Business of the above Bank is con- SHANGHAI BANKING CORPORATION Bulan may be obtained on application.

INTEREST on deposita is allowed on the Minimum Monthly Balances at 3 per cent per annum, a

Tducted by the HONGKONG AND

BANKS

[51-0

HANKING CORPORATION.

AND SHANGHAI

Paid-up Capital Rasarte Funds—

Sterling

$15,000,000

£1,300,000 at 2/--$15,000,000 Silver...

$17,650,000

$52,650,000

Depositora may transfor at their option balances of $100 or more to the HONGKONG Reserve Liability of Proprietors 916,000,000 AND SHANGHAI BANK to be placed on FIXED DEPOSIT at 4 per cent. per annum.

For the HONGKONG AND SHANGHAI

BANKING CORPORATION,

N. I. STABB,

Chief Manager

Hongkong, let July, 2011.

10

HANDELSBANK. (NETHERLANDS INDIE COMMERCIAL BANK.)

ESTABLISHED 1863.

COURT OF DIRECTORS.

Hon. Mr. D. LANDALR-Chairman.

WL. PATTENDEN, Esq.-Deputy Chairmau,

B. H. Dodwell. Esq.

G Friesland, Esq

E. Goetz, Es

C. 8. Gubby, Esq. PH Holyoak, Exq

C. Landgraf, Esq.

J. A. Plummer, Esq.

Hon. Mr. E. Shellim. H. A. Siebs, Esy.

ORE MANADER": Hongkong-N. J. STAMB

MANAGER:

Shanghai-A. G STEPHEN.

LONDON BANKEBA:

BANK LIMITED.

HONGKONG-INTEREST ALLOWED.

Faid-up Capital. Fl. 17,407,000 (£1,450,683) LONDON COUNTY AND WESTMINISTER Authorised Capital FI: 30,000,000 (£2,500,000) Reserve Fund. Fl. 6,618,000 (£549,168) -HEAD OFFICE: AMSTERDAM.

Han AGENCY: BATAVIA,

LONDON BANKERS THE WILLXAMS DEADONG BANE."

Swzas HANKVEREIN.

On Current Account at the reta of Twe per cent. per annum or the Daily Balance On Fixed DeposiTH

of the financial position of the different classes of the population, In 1912 the per cent of the entire population, in 1913 number of contributors was equal to 51.43 it had risen to 63.38, the increase not being confined to towns, but spread pretty evenly over urban and rural districte. In 182 the number we 9,440,000, in 1915 7,330,000, their aggregate incomes boing. respectively M4,001,400 and M.17,253,290; breeding has fallen off enormously in the number of persons paying on more Germany, fifty years ago 25 million heads than 3,000 p-a, having risen from of sheep were counted in 1897 16.9 310,889 to 820,000 ur 200 per cent, millions and in 1912 only 6.8. In Russia, whilst that of contributors in receipt of too, sheep walks are being turned into incomes below that figure has increased arable land as more remunerative, The by 280 per cent, which shows that the River Plate States reached thy highest working classes have had their full share production in 1888, sinoo when it has of the growing prosperity of the nation, gradually decreased about 25 per cent. THE PRUSSIAN LOAN. Australia is, however, coming to the rescue, and it may be hoped that in South Africa, too, every effort will be made to encourage the breeding of sheep cent, loun of 400 million marka at 072HE CHARTERED BANK OF INDIA, LONDON OFFICE 36, Bishopsgate, E.O

Metais seem to be looking up a little, the continued dealino in prices having Atlantic t trade Hostilities have thus active at advancing rates, the London brought in buyers. Wool and woollens are began in real earnest, but the general sales held recently having gone off very impression still seems to be that, although satisfactory, It would appear that it they may go on a little longer and is with wool very much the same as with and cotton that the production of the raw increase in severity, an understanding material is not keeping paca with the will ultimately be arrived at between the rapidly increasing consumption. Sheep different lines. In the meantime the shares of the Hamburg-America Line and of the Norddeutsche Lloyd have lost a fow points, but not necessarily owing to the failure of the Pool conference, as shipping shares are out of favour for the moment in consequence of the slackness of the export trade. The publication of the preliminary statement of accounts of the Hamburg Company, submitted to the board of directors and the council of administration of a joint mesting held on Monday last, although highly satisfac tory, has caused but a slight rally in the quotations. The not earnings for the past year amount to 60 million marks as compared with bag in the previous twelve months, and 401 in 1911. The directors, however, do not intend to propose to the shareholders, at the annual general meet ing-to-be bold shortly, the distribution of a dividend exceeding that of last year, which was 10 per cent, as they deem it advisable in entering upon a period of Devere competition on all sides to allocate larger amounts than usual to their reserves more particularly to the "Con- petition Defence Fund."... After

payment

of a dividend of 10 per cent. they will

In spite of all complaints of bad trage the returns for the past twelve months are eminently satisfactory, for not only do increase over previous years, but what imports and exports show a nalable is even more important exports have increased to such an extent that the debt balance of trade has been reduced to less as follows in millions of marks; than a milliard marks. The figures are

Importa Merchandiso Previous metals

and bullion

Exporte Merchandise. Precious metals

and bullion

1913, 1812. 10,695.410.691.4 - 4:

491.4. $25.7 105

11,128.8 11,017.1109

1913.1912. 30,080.6

A

101.4

·

the money market the Prusian Govern- Taking advantage of the greater ease in ment has invited subscriptions to a 4 per

per cent redeemable at par within six- teen years, of which 60 millions have been

of which will be drawn at the end of to sixteen series of 25 millions cach, one placed beforehand. The stock is divided

every calendar year the first at the close of the present one. Applications are said to be coming in freely, and to great extent for inscription in the government register, which means that the scrip will not come into the market for some time. There seems therefore, no danger of the foan not being fully taken up.

THE ARMAMENT LEVY

The newspapers are beginning to give particulars of assessments to the Arma 8,956.841123,8 ment Lovy; the largest contributor 90 far 19, Frau Krupp von Bohlen and 1427-413 Halbach, the chief shareholder and virtually sole owner of the great Krupp corn in Pasen er fortune has

Several members of the aristocracy are been estimated at 280 million marks, on which she will have to pay 5 millions mentioned whose contributions will be in the neighbourhood of 3 and 4 millions.

10,129,099,541,082 5

GROWING PROSPERITY.

have 45 millions against 38 millions lust An incomes of N.000 (48) are subject year available for the purpose and for to the income tax in Prussin an analysis depreciation, otu. The liquid means at of the annual returns gives a fair picture the end of December last amounted to 48 million marks against: 70 at the close of 1918, but this is accounted for by the heavy payinente on new tonnage, being 87. million against 48 millions in the previ ous year, so that the financial position of the company has improved materially The following comparative table showing the results of the last six years may be of interest (in million marks);

Share

194

1913 1912 1911 1910 1909 1908 capital 150 150 125 125 125 Grass

earnings

56.6 43.7 39.9 39 15.8

profits. 60 39.5 40.4 36.6 0.012. Deprecin

tion and reserve

•fund

45 38 20 24.3 20,8 12.0 Dividends 109% 10% 0% 8% THE STATE OF TRADE, There is hardly any improvement to report in business generally, the export trade continues stagnant; although there appears to be a little more demand for India and China, there is very little doing for Mexico and Central and South America, whilst trade with South Africa is being brought to a standstill by the ever recurring labour troubles. The energy displayed by General Bothe Government in checking the attempt at B general strike is much applauded. a wish being expressed at the same time that other Governments might act with equal decision and Droraptitude in suppressing socialistic agitation, an inimical to the l'expansion of a country and the welfare.

of a population Pay

If you suffer from INDIGESTION

It is foolhardy to seglect the early signs

of indigestion. Nothing in Nature standi still, and when you are ill, if you don't get beiter, you are bound to get worse. But how can you expect to get better, unless you adopt the right Incans When your stomach is fecale, and beeda anda- tence, Majher Segal's Syrup it ready to your hand-→→ we it. It removes and prevents indigestion by restor fog lane and alural paivity to your stomach, liver mad bowels. Is this way Mother Segel Syrup promotes the thorough digestion of your tool, and the perfect nourishment of your body. When your digestion good your blos) should be pate, your comp heabby, and your every ro and stew matinct witha Lie cod catgy. Try it for biliousness, headach Constipation, flatulence, furred ad zoo,

ing, loss of appetite, languor and depression.

TAKE MOTHER

SEIGEL'S

SYRUP.

106

Banking and Exchange business, recelyce The Bank transacts every description of money on Current Account and on Fixed Deposit at rates which may be ascertaine] on application.

G. VERMEY, Mazagor, No. 8, Des Voeux Road Central Hongkong, 3rd October, 1913

21

AUSTRALIA AND CHINA.

INCORPORATED BY ROTAL CHARTZE 1859. HEAD OFFICE LONDON,

Paid up Capitol... Reserve Fund Resorte

£1,200,000 £1,700,000 Liability of Proprietors £1,200,000

FOREIGN Banking business transacted b

EXCHANGE and General

FIXED DEPOSIT received for 1 year or CURRENT ACCOUNTS opened and shorter periods at rates which will be quotes en application,

A. 8. HEWETT,

Acting Manager. Hongkong, 14th April, 1919. ₤1499

THE

LIMITED.

YOKOHAMA SPECIE

Anthorised Capital Paid-up Capital... Reserve Fund

BANK

Ion 48,000,000 80,000,000 8,550,000

HRAD OPTION—YOKOHAMA, Branches and Agencies at

Lino-Yang Ryojan

Antung-Hsin

Calcutta

Bombay

Changaban

Dairen (Dalny)

(Port Arthur San Francisco

London

Los Angeles Shanghai

Lyons Tiahling

Feugtion (Mukden) Nagasaki Tientai

Hankow

Harbin

Honolulu

Kobe

Newchwang Tokyo

New York

theo ki

Peking

TERRY ALLOWED ON CUBEENT ACCOUNTS

Deposita received for fixed periods at razer

to be obtained on application,

VTISHI ONO,

Marger, Hongkong, 30th September, 1913. - ~ [464

THE MERCANTILE BANK

INDIA, LIMITED,

Anthonian Capital

Subscribed

Paid-up

Reserve Fund

BANKERS

BANK OF ENGLAND,

and

For 8 months, 2 per cent per Ananm For 12 months, 4 per cent. per Annum For 6 months, 8 per cent, per Annuin

N. J. STABB,

Chief Manageri Hongkong, 16th February, 1914. 718

NTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE: 60, Wall Street, New York.

BRANCHES:

Bombay.

Kobe

Calcutta.

·Manila.

Canton.

Mexico.

Panama

Peking

Cabu Calon. Empire. Hongkong. Hankow

San Francisco. Shanghai. Yokohama.

CAPITAL AND SURPLUS Gold 87,200,000 de equal £1,480,000 EVERY DESCRIPTION OF BANKING

BUSINESS transacted.

CURRENT ACCOUNTS opened on the usual DEPOSITS RECEIVED, fixed for one year at 4 per cent. per annum or for shorter periods, at rates which may be ascertained on application, BILLS NEGOTIATED and COLLECTED. MAIL and TELEGRAPHIC REMIT

TANOES made.

LETTERS OF CREDIT and DRAFTS granted on all the principal cities in the World. THE BANK'S CIROULAR LETTERS OF CREDIT are available all over the World COMMERCIAL LETTERS OF CREDIT

PURCHASE and SALE of Stocks and

Shares effected.

TRAVELLERS CHECKS sold and cashed,

GEORGE HOGG, Manager

9, Queen's Road,

Hongkong, 21st October, 101S (100)

BANK OF TAIWAN, LIMITED, (INCORPORATED BT SPECIAL IMPERING

CHARTER)

Capital Subscribed

Yea 10,000,000

TASƏ,250 3,430,000

HEAD OFFICE TAIYEH, FORMOSA,

BRANCHES AND AGENCIES:

Kinking

Capital Paid-up Reserve Funde

OP

£1,500,000 1/125,000 562,500 415,000

Amor

Shanghai

Batavia

Kabe

Singapore

Bombay London

Swatow

Calentis

Taichu

Canton foji

Taman

Dairen

Tekow

Tamsui

LONDON JOINT STOOK BANK, LIMITED.

INTEREST allowed on Current Account at 3 per cent, per annum on Daily Balance And on Fixed Deposits at rates which bosscertained on application. S

A ELINTON,

Nagasaki

·Foochow Newcliwang

Hongkong New York Tokyo

Kagi Keong

Osaka

Yokohama

San Francisco Ete..

HONGKONG OFFICE,

8 DES VEUX ROAD. posits received on terms which may be Interect allowed on Current Accounts,

bad on applications,

TAUDZURABARA

dunger: