1915-03-26 — Page 2

INTILLATIONS

NEW SHIPMENT

OF

THE HONGKONG DAILY PRESƑ, FRIDAY, MARCH 26TH, 1916.

VICTOR-VICTROLA

AND

VICTOR RECORDS

RECEIVED BY THE

S.S.

IXION."

INCLUDING THE LATEST

PATRIOTIC AND NATIONAL AIRS.

S. Moutrie & Co., Ltd.

EXCLUSIVE AGENTS.

PUBLIC AUCTION

OF

[31

HONGKONG SHARE MARKET.

Messrs Vernon" do Smyth in their weekly share report dated 28th March state

THE YOKOHAMA SPECIE BANK.

RECORD OF THE YEAR'S WORK

and New York caused a obange in the monetary system of the world and a diffealty in the collection of funds. The only way open was to buy silk here and send it to New York wherewith to The Yokohama Specio Bunk hold a well obtain the necessary funds. The measure A fair general enquiry for local stocks attended ordinary general meeting of fairly well attained. Accordingly tho was tried and the desired result was

continues, and prices with fow exceptions proprietora in the Bank's head office, import of raw oction was carried out as Bar Silver 16 Yokohama, on 10th inst., with Mr smoothly as over. A more diftoult

are well maintained.

quoted to day at 2313-160 per 02 Exchange closes on Loudon at 1/9% T-T., on Shanghai of 78 T.T. and on Singapore at 791 T.T

BANKS.-Hongkong and Shanghais have ruled steady at $800 with a few small

transactions reported.

problem was to be encountered by the Brak in the arrangements of exchange with India for the import of Indian London for a couple of months, in Octo cotton. After strenuous efforts made in ber anernial condition was secured.

INTIMATIONS

JUST LANDED:

HIRANO MINERAL

WATER

15 QUANTA, PINTS AND SPLITS.

Bottled by the

Inouye, the President, in the chair. The Government (the Japan Muil's report states) was represented by Mr. Mori, the Head of the Banking Section, and the Imperial Household by Mr Otani, a The effects of the war, described above, Secretary in the Household Department, trade. The value of exports and imports IMPERIAL MINERAL WATER Co., produced a serious decrease in Japan's The Chairman reviewed the course of the for the latter half of the past year MARINE INSURANCES. Unions after sales country's financial and economic progress amounts to X.270,020,000 and V.212,080,000

LTD., OSAKA. at 8840 have advanced to a buying rate of during the past year, and the Bank's respectively. In comparison with the preceding year these figures are a decrease 6875, closing strong Cantons are quieting during the latter half of the past of 68,880,000 in exports, and with probable sellers at 2350. There are year, and presented a report on the term Y.111,480,000 in imports. In this falling off imports were ahead of exporté, trus buyers of North Chinns at Tis. 176 and closed on let Deccaber, 1921. quite well balancing the export and of Japan, Offcially Recommended by the

import accounts. Therefore, in tho international credit market, Japan's Medical Colleges of The Imperial Universitien position may be regarded as vory favour-

Yangtses could probably be placed at 8935 with ex. 79.

Of

then almost all of the world Powers were 1.142,020,000 respectively, a decrease as

were

By appointment to the Imperial Household

(SAMPLES FREE).

SOLE AGENTOL

In the first half of the past year, said the Chairman, the world's market was blessed with peace and calm, but during the closing week of July economic organs able. The inevitable result of this is it of Tokyo and Kyoto, all over the world were stopped up on decrease in the Bank's exchange deals. the severance of the diplomatic relations The bills drawn on the countries bought | Letween Austro-Hungary and Serbis, for and sold come to 7.40,400,000 and

plunged into the vortex of war and dis- compared with the previous year of turbance Directly as well as indirectly Y21,080,000 and Y.31,540,000 respectively. this financial deadlock in the West The bills drawn on this country affected Japan's commerce and, industry bought and sold to the extent of Above all, foreign trade was hard hit, for Y.40,760,000 and Y.89,100,000 respectively, the shipping was then contracted the a decrensa as compared with the preced * high seas became dangerous for boats to ing year of Y.6,010,000 and Y.45,000,000

10; carine insurance rates boomed, aud, respectively, lastly, international credit was stoppol espectively iewing the effect of

the wor Export goods accumulated at ports and on the domestic market, the Chairman prices declined, and imports from the turned to the war and its corollaries in belligerent countries were altogether the world's financial and economic circles, MACGREGOR&C. stopped for a time. To add to the dilû in which he pointed out the difficulties, culties thus presented to export and encountered by Japanese inerchants and import merchats, most of the cargo manufacturers dealing with India and which was on the way to this country | China on account of the German ravages when the war began was lost, though in the Indian Ocean and the instability of temporarily Merchants in fact were at silver and rouble values

in the dark in an unknown land.

FIRE INSURANCES – Hongkongy continue in reques at $773 after sales Chinas close quiet with probable sellers at 8134 cx, the lividend and bonus of $9 per share for 1018 payable to-morrow.

SHIFFING.–China and Janiles have heon booked at Rs) and Douglaces at the advanced rate of 835 after small sales at 232 Hongkong, Canton and Macaos close quict at 823, and Indo Chinas at 880 with probable sellers. Star Ferries are neglect ed at $35 nominal.

REFINERIES-China Sugars have been done again at $110, but close somewhat easier with sales at $108. Luzons have further appreciated and are now quoted

A LARGE AND VALUABLE COLLEC-8 sellens after sales at the rate.

TION OF ANTIQUE CHINA AND CURIOS.

Undersigned has received instructions from the well-knOWE dealers, THOVEN YUEN TEAE, of Shanghai, to sell by Public Auction on

TUESDAY, WEDNESDAY AND THURSDAY,

THE 30TH AND 31ST MARCH, AND 1ST APEIL, 1915, COMMENCING EACH DAY AT 2.30 P.M., AT HIS SALES ROOMS, DUDDELL STREET, A SPECIALLY SELECTED LOT OF ANTIQUE CHINA AND CURIOS FROM SUNG TO TOWKWONG PERIODS.

COMPRISING A

RED LACQUERED SEAL BOXES, VASES AND BOWLS, JADE SCREENS, ORNAMENTS AND SNUFF BOTTLES, AGATE AND PORCELAIN SNUFF BOTTLES, CRYSTAL ORNAMENTS.

KANGBI 5-COLOURED AND BLUE AND WRITE VASES, BOWLS, PLATES AND JARS.

KLENLUNG FAMILLE Boss and Blue and White VASES, BOWLS, PLATES AND PLACQUES.

by

VERY FINE FAMILLE ROSE VAŠE, KAHING (LARGE)

VERY FINE FAMILLE ROSE VASES, KIENLUNG (IMPERIAL), VERY FINE 5-COLOURED PENHOLDER, KANGHI

VERY FINE BLUE AND WHITE PENHOLDER. KANGHI.

VERY FINE 5-COLOURED VASE, KANGHI

VERY FINE Warre VASE, SUNG.

VERY FINE 5-COLOURED AND FAMILLE ROSE PLATES AND BOWLS, KANGHI VERY FINE IMPERIAL GREEN VASES, YUNGCHING. SOOCHOW REDWOOD SCREENS INLAID WITH FAMILLE KOSE AND. BLUE AND WHITE PLACQUES (YUNGCHING, KIENLUNG).

Exc.

TOWKWONG FAMILLE ROSE PLACQUES, VASES, PLATES AND BOWLS,

OLD BRONZE VASES, INCENSE BURNERS AND FIGURES (MING AND SUNG).

ALBO

A PAIR OF VERY FINE IMPERIAL VASES or KIENLUNG PERIODS, FAMILLE ROSE PANELS ON SET BLUE GROUND,

NB-The Undersigned will give a wooks guarantee as to the genuineness of the articles offered.

On View from SUNDAY, the 28th March, 1915, Catalogues wil be issued,

TERMS:-Cash on delivery.

Hongkong, 24th March, 1915.

GEO. P. LAMMERT,

AUCTIONEER.

[410

WM POWELL

LTD.

TELAYBOND 845,

JUST UNPACKED

STRAW

PERFECT

HATS

GLYN&CO

44 Old Bond St

LONDON.

FITTING.

HAND-MADE STRAW HATS. EASY FITTING

LIGHT IN WEIGHT.

WM. POWELL. LTD.

SOLE AGENTS FOR "GLYN'S,”

44, OLD BOND Street, W.

104

The line to suffer most, was raw silke Whereas, in the beginning of the latter hindi of the year, V.1,000 per pical was

MINING, Raubs have been booked at $4 to 841, closing slightly easier with sellers at $4.40 Tronohs are quiet at

fairly well maintained, and sales, too, 32/6 and Kailans ut 32- nominal

were very brisk, with the outbreak of the _Ons.-Shell Transports are unchanged war prices stratily gave way and touched at 86/9 and without business to report. further decline To stem the bad turn a plane of Y 700 with evident signs of Langkats are quoted at Tls. 30 and Urala resolution to suspend saics under that Caspians at 35/ both more or less nominal

DOCKS, WHARVES AND GODOWNS.-Hong kong and Whampoa Docks have improved to 500 with sales, and more shares ars wanted. Hongkong and Kowloon Wharves are quiet at $65) with probable #ellers. New Engineerings are wanted in the North at The St Shanghai Docks aro quiet at The 52 and Shanghai and Hongkow Wharvey at Tia 01.

LANDS, HOTELS AND BUILDINGS.-Hong kong Lands are quiet but steady at $110, Central Estates are wanted at S, Humphreys Estates at 80 and West Points at 8083 There are sellers of Kowloon Lunds at 842 and of Hongkong Hotels at $118

The Chairman closed his report with

CALDBECK,

ORDER AT ONCE.

THE

the remark that in spite of this unfore seen and wholesale change in the world's monetary system fortunately the result

business the Bank achieved was fairly DIRECTORY satisfactory

of

The terms accounts and the profit and loss account which is given under, wore and approved by the meeting. afterward recommended by the Chairmitor

Yến.

Balance.................... To be distributed -

price was passed by Yokohama ilk Gross profits for the term 4 23,709,600.02 exporters, which measure proved fiely, Gross disbursements for the effective for a time. Though the vill term

10,311,118.33. market relief bill introduced by the ultimately broke down, for a time, it Government in the Diet then in session

3,486,243.27 proved a tonic to the jaded market, send. Reserve

350,000.00 ing up prices somewhat. But this really Dividend at 12 per cent. per present the market is in a by no means Carried forward to was far short of expectation and for the

1,800,000,00 encouraging condition. In the monetary account

1,335,248,27 on account of this misfortune in the sille auditors was also carried out and resulted situation, however, no tronble occurred The election of the directors and trade, for the accumulating tendency in in the return of the retiring officers. the stock at Yokohamo was relieved some- which was kept up in spite of the war. what by a fair demand from America

nnaum

next

THE HONGKONG VOLUNTEERS. coars onpene es LIEUX, COL. A. CHAPALÁN, V.D.

JDINAD,

1-The undermentioned having joined the Corps are alloted Corps numbers and posted as follows im

Next comes the depression of the cotton Varn and fabric market. A big slumpvoede followed the outbreak of the war bring ing down prios to a point of 1,80 për picul. Something of a panic fell on the stock, which was noted large as was feared, for demand from China was fairly large, time pries of copper dropped to an while the request at home fell off. At one important extent and the visible stock close of the year the accumulation was Was markedly increased, but toward the relieved by increase in exports. In other articles of export the story is much the

sa ma, Some of them, however, suffered from a shortage in the tonnage, not from the war. It is a lucky turn of affairs that the exports of habutae and honp braids increased and prices were kept rather high

CUTION MILLE. Sales of Hongkongs are reported at dog and more shares can be placed There are buyers in the North of Ewos at Ths. 135, Internationals at Tls 80, Laou kung Mows at Tis, 84 and Joy Chess at Tls, 40 Kung Yiks are on offer at Tis. 13 and Shanghai Cottons at Tis. £7.

Me MISCELLANEOUS.-China-Dorneus have improved to 811 with sales. Green Jeland Cementa have further advanced with sales at various rates from 86) to $7 closing with sellers at the later rate and In consequence of the fact that alust buyers at $82. The general managers of all the Powers of Europe became involved this company announce that a dividend of in the war, imports from the belligerent. 50 cents per share for 1914 will bo pro countries was altogether stopped for a posed at the forthcoming annual meeting, time. Particularly the import of drugs, and we understand that after making dyes, and chemicals became hopeless and ample allowance for depreciation there threw some of the industrial works iato will be about $100,000 to carry forward difficulties. Fortunately however, the to the credit of next account. Eleobrics unport of those articles was partially have been done at $40), Trams at 85.10 revived with the recovery of the EuropeanT and Watsons at Sr. There are buyers of services. One of the most important Dairy Farms at $33, China Providents items on the import list, raw cotton, was at $72, Ropes at $27 and Trams at 65.10. considerably cheapened at the outbreak Steam Laundries can be obtained at $37 of the war in both India and America, and Wm. Powells at 301 but the hands of cotton men here were MENOS.-Hongkong and Whampon so tied up that the opportunity was not Dock Co., Ltd., ordinary yearly meeting | improved. Later, however, requirement) on the 91st inst., transfer books closed were suficiently covered as they were from the 24th to 31st inst. inclusive financed liberally In the purchase of Hongkong Rope Manufacuring Co., Ltd., wool and sugar there was also difficulty ordinary annual meeting on the 31st inst. for a time owing to the difficulty in transfer books closed from the 29th, to 31st exchange arrangements in London, which inclusive Hongkong Ice Company Ltd was also surmounted later ordinary anonal meeting on the 12th prox transfer books closed from the Juth inst. to 12th prox. inclusive.

As a result of the trade deadlock in London at the outbreak of the war, the Bank was forced for a time to stop bodi purchases and sales of bills on London. A little later, however, the purchase of bills on that place was resumed, as the

BRITISH LOAN TO RUSSIA. disorder in London was readjusted wine

HOW TRADE WILL BE ASSISTED BY THE £10,000,000 ADVANCI

No. 1782 Pte. F. N. Silva to Right

Section M.G. Co.

AND

CHRONICLE

FOR CHINA, JAPAN, ETC.

FOR THE YEAR

1915.

INDISPENSABLE ΤΟ EVERY BUSINESS MAN.

TO HE OBTAINED FROM TILE

HONGKONG DAILY PRESS OFFICE

and

LOCAL BOOKSELLERS,

1,850 PAGES PRICE $10.

The alterations this year are unusually heary, owing to changes incidental to the War.

Hongkong, 16th March, 1P15,

No. 1783 Pte: G. 4. Carvalho to Right FRENCH LESSONS

Section M.G. Co

No. 1784 Pte. A. Remedios to Right

Scotion M.G. Ca.

No. 1785 Pte. J. M. Franco to Right

Section II G. Co

No. 1790 Pic. D. MI. Ross to Scouts Co. No. 1787 Pte. N. P. Thomson to Scouts

Company

2---Parades for Friday, 26th instant,

Units on duty at Headquarters and

Mount Austin

unler Barracks Officers on duty. 5.15 p.m. Left Section 3.G. Co.: 20 pdr. Specialists: instruction at Headquarters. Sergt. MeCubbia will attend.

Ono Machine Gun Section of Scouts Co M.G. Drill at Headquarters. Remainder Ni

DETALL

3.- Officers on duty: Capt. Wood, Lienz,

Kennett and Licut. Danby,

Orderly Officer: Lieut. Kennett. Orderly Sergeant: Corp!, Bolton. Medical Orderly - Pte. Thomson. To furnish Guard

AT VOLUNTEER HEADQUARTERS.

7 pm, to-day to 7 a.m. tomorrow

Civil Service Company,

7am to 7p.m. to-morrow Centre

Section M.G. Co

7 p.m. to day to 7 a.m. to-morrow Right Section M.G. CoS 10.15 pm to-day to ram, to-morrow:

No. 2 Section Artillery Battery: -

10.10 p.m. to-morrow foam 27th inst.: No. 2 Sectiun Artillery Barley,

E. STEWART, Capt.,-

Adjutant, H.K.V.C.

NOTICE:

TONGKONG RIVLE LEAGUE.

against H M Dockyard Rife Club în a league match at 3 pm. on Saturday, 27th instant, at Tai Hang Kango Captain Wood, Sgt. Major Duncan, Sgt.

Bradbury, Cpl. Manik, Bombs. Farrell. and Martin and Gunners Green and Labrum. Reserves Sgt. Sutherland and Bombr, Ixer. Any member of the team unable to be present is request- ed to notify Sergt. Bradbury not later than to-day, 28th instant.

what owing to the proclamation of a moratorium and the commencement of the special discount of bills by the Bank of The sanouncement of the British Loan England. It is a gratifying fact, on the of £10,000,000 to Russia in the form of resources were devoted to the purchass of The following will represent the H.K.V.C other hand, that the bank's whole discounting her Treasury Bills was very bills, pending the closure of the London favourably received in the City. The operation is part of the outcome of the markets for exchange arrangement witti- recent conferencn between the Finance America was effected very 2002 after the Ministers of the Allies. It is politically beginning of the war Turning 1 gratifying, and it is profitable to Landon chango with China, on the outbreak of financiers, who obtain a rate of interest the war no small amount of inconveniense and commission amounting to £5.78, 9d. was felt in quoting the standard rates per cent. The money will be placed at wing to the closure of the London silver the credit of Russia in London, and will market, but later a normal condition was thus enable her to make payments withon: secured as the silver market in London remitting money from Russia, which was reopened and the standard for the just now, owing to the rate of exchang The Bank was forced for a time to

quotation of rates was again established is a very expensive process. The me e decline the acceptance of both import bills Writing from the front an officer of fact of the facilities, being granted vill tend to lower the rate of exchange that and remittance bills, for, owing to the the Dorests says:-"I have just returned 18, the number of roubles required in collaps of the means of communication from the trenches after eight days for a Petrograd to pay a given number of bills drawn never reached London enfely short rest. Only this week our artillery sovereigns in England. Pal? while the closure of the discount maricot observer was just behind our trench and The issue of £10,000,000 of Russian made it very difficult to secure funds in brought his fire to bear on a farm to our London, but a few days later, with the fron and blew it up with only a few Treasury bills has been a rapid sucous, and the bills were dealt in at 4 discount, improvement of the market, funds were shells. The farm commenced to burn, and secured and deals were resumed. Part

The number of men in the German army who are victims of tetanus is stated in the Geraun Press to reach the high bgurs of 8.6 per thousand, or three times the number of cases reported during the Franco-Prussian war of 1870,5"},

G. MOUSSION.

10, Morrison Hill Road,

YEW LEE.

[428

AH CHEONG AND L. HANSEN.

STEVEDORES, SHIP-CHANDLERS

and COMPRADORES,

16, LEE YUEN SILMET, WRET, Telephone No. 1230.

Hongkong, 27th October, 1914.

ASAHI

THE DAI NIPPON BREWERY

[108

BEER.

EER

SPEDALIT BOYS

SOLE AGENTS:

& CO. TOKIO

JAPAN.

of the funds also were sent to New York then a big explosion of ammunition took OBTAINABLE EVERYWHERE. wherewith to settle accounts there. As prce. The Germans tried to get it away, regards the settlement of purchase but could not do so. The gunner-major, accounts in America, there was a degree was so pleased that he ordered his tele of difficulty to bo encountered, for, while phone orderly to play a lively tune on the raising of money in London became his mouth organ. He was awfully difficult, in New York the collapse of the bucked up about his success, and so exchange, arrangements between London were all of us

MITSU BUSSAN KAISHA.

HONGKONG.

1381