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NEW ADVERTISEMENTS

LADIES RECREATION CLUB.

THE ANNUAL GENERAL MEETING

will be held at the CITY HALL, ON

THE HONGKONG DAILY PRESS TUESDAY FEBRUARY

PUBLIC COMPANIES

THE KOWLOON LAND AND BUILD ING COMPANY, LIMITED

HOUSES TO LET

TO LET (FURNISHED OR UNFURNISHED).

WEDNESDAY, the 14th February, 8 NOTICE IS HEREBY GIVEN that Reous and Large Kitchen,

12.15 P.M.

BUSINESS

To pass the sceounts for the year 1916. →→ To elect the General Committos,, - To amend Rules 16, 24 and 26.

By Order,

W. WILKINSON,

the TWENTY EIGHTH ORDIN ARY MEETING of SHAREHOLDERS in this Company will bo bold at the Company's Office, Victoria Buildings, on SATURDAY, 10th February, 1917, at 11 o'clock .., for the purpose of receiv Ing the Report of Directors ther with Statement of Hou, Secretary, L.E.C.

Actors toge Accounts for the [268 ending 31st December 1916

The REGISTER OF SHARES of the Company will bo CLOSED from THURSDAY, 1st, to SATURDAY 10th February, 1917 LTD.

(both days inclusive). during which period no Transfer of Shares can be registered:

THE HONGKONG AND KOWLOON

WHARF AND GODOWN CO.,

NOTICE TO SHAREHOLDERS.

ANHE THIRTIETH ORDINARY

ANNUAL MEETING OF SHARE HOLDERS will be held at the OFFICES of Maasra JARDINE, MATHERON

THE

Co., læn., où THURSDAY, the sand Feb

ruary, 1017, at Noon, for the purpose of receiving the Report of the Directors and the Statement of Accounts for the year anding 1st December, 1816,

The TRANSFER BOOKS of the Com pany will be CLOSED from MONDAY, 12th February, to THURSDAY, 22nd February, both days inclusive

By Order of the Board of Directors,

W. S. BROWN,

Secretary. Hongkong, 6th February 1017 1260

HONGKONG AND SHANGHAI

BANKING CORPORATION.

NOTICE IS HEREBY GIVEN that

the ORDINARY YEARLY MEET ING of the SHAREHOLDERS in this Corporation will be held at the Cry HALL, Hongkong, on SATURDAY, the 24th day of February 1917. at Noos, for the purpose of receiving the Report of the Court of Directors together with a statement of Accounts for the year end- ing the 31st December 1916.

The REGISTER of SHARES of the Corporation will be CLOSED. from MONDAY, tho 19th February, + SATURDAY, the 24th February, 1917 (both days inclusive), during which period o Transfer of Shares can be Registered

By Order of the Court of Directors,

N. J STABB,

Chief Manager. Hongkong, 6th February, 1917,

IN THE ESTATE OF JOUN PENTONY, DECEASED.

CREDITORS and

1261

in China having any claims or demands

By Order of the Board of Directors, A. SHELTON HOOPER,

Secretary to the

HONGKONG LAND INVESTMENT AND

General Agents for the

KOWLOON LAND AND BUILDING CO., LTD. Hongkong, 25th January, 1917. [993

HUMPHREYS ESTATE AND

FINANCE CO., LTD.

NOTICE IS HEREBY GIVEN that

at

TO & MOUNTAIN VIEW, PEAK DENNYS & BOWLEY.

TO LET

E

WELLBURN No. 78, THE PRAK

From 1st April, 1917. Apply tom

PERCY SMITH, SETH & FLEMING.

[245

No

TO LET FURNISHED. TO. 3, GOUGH HILL (No. 102, TRE PEAE), or 3 or 4 months, from lut June, 1917.

Apply

LINSTEAD & DAVIS.

1246

TO LET

IX-ROOMED HOUSE, "FAIRVIEW," 3, Robinson Road. Immediate posseSSION. Apply to-

DAVID SASSOON & Co., LTD. [243

the ORDINARY ANNUAL GEN- ERAL MEETING of SHAREHOLDERS in this Company will be held at the HONGKONG HOTEL, Hongkong, on SATURDAY, the 10th February, 1917, ceiving the Report of the Directors toge 2 12 o'clock Noon, for the purpose of re ther with a Statement of Accounts for the your ending 31st Dovember: 1010.

The TRANSFER BOOKS of the apply to pany will be CLOSED from the 5th Feb- ruary to the 12th February (both days inclusive), during which Trauster of Shares can be Registed no

JOHN D HUMPHREYS & SON. General Managers. Hongkong, 25th January, 1917. [927

HONGKONG, CANTON AND MACAO STEAMBOAT COMPANY,

LIMITED.

TO LET.

dalt Road Ready for occupation on 1st NEW HOUSES now Building in Con February, 1917. For rent and other particulars

HEM.H. NEMAZEE, 1 Des Voeux Rond,

TO LET

TO: 42, ELGIN STEBET

Apply to

N

[108

PERCY SMITH, SETH & FLEMING.

[108

TO LET AT THE PEAK.

JUENISHED, & Stewart Torraca

Apply

NOTICE TO SHAREHOLDERS. THE NINETY-SEVENTH ORDINU

ARY MEETING OF SHARE HOLDERS in the Compary will be told at the Office of the Company, Hotel Man sions, on TUESDAY, the 13th February 1917, at 19 o'clock Noom for the parposo of receiving & Report of the Directors, together with a Statement of Accounts, declaring & Dividend and electing Direc

OFICE IS HERE other persons The TRANSFER BOOKS of the COTE PEAR -igainst the estate of JoHN PENTONY, Jato Pay will be February, 1917, "both"

of Tho

of 8, Bhop Street, Drogheda, in the County of Lonth, Ireland, Merchant Service Club, Shanghai, China, deceased, who died on the 24th April, 1016, and Lettera of "Administration to whose real and personal estate were granted by His Majesty's High Court o

in Ireland to MANY PENTÒNY, DE

from the 31st.

January to the 13th days inclusive.

By Order of the Board of Directors,

the

V. E CLARKE.

Secretary. Hongkong, 20th January, 1917. [202

H. E. POLLOCK,

Princes' Ballâiuen. 07

TO LET.

ALATS in EWO MESS," No. THE Apply Property (

JARDINE MATHESON & Co., LTD

TO LET

100.

FFICES ou lat Floor, No. 3, Queen B

Central, at prosent in the occupation of

No. 8, Shop Street. Drogeda aforesaid, ION INSURANCE SOCIETY OF The China Piro Laurance Co., Ltd

and resealed in Hia Britannic Majesty's Supreme Court for China in Shanghai by me, the

undersigned, Attorney for the said MAL. PENTONY, are hereby require

CANTON, LIMITED

NOTICE

THE CERTIFICATES Nos. 243, 244, 245

so send particulars in writing of thoir and 228, for Five Shates each, 925 paid claims or demands to me on or before the 28th day of February, 1917, at the under. Nos. 2001/2020, standing in the Register in mentioned address after which date the the name of AMEDETOY HABIBDHOY, having assets of the said JOHN PENTONY deceased been declared LOST, NOTICE IS HYREET situate in China will be forwarded to GIVEN that unless the said Certiates be the said Administratrix, who will not produced to the Socisty on or before tho Twelfth thereafter socept liability in respect of Shares will be issued and the old Certificates will y of April, 1917, new Certificates for the sníd any of such assets of the said Jon thereafter be held by the Bocio PENTONY deceased or any part thereof to

by the Society sa anil and any person or persons residing in China of whose claims or demands I shall not then have had notice.

Dated this 6th day of February, 1017.

HERBERT W. LOOKER,

Attorney for the Administratrix, MARY PENTONY,

1, Des Yeux Road Central,

Hongkong.

oid.

By Oster of the Board of

of Directors, C. MONTAGUR EDE General Manager. Hongkong, 12th January, 1917, 176

NOTICE

THE CHINA FIRE INSURANCE COMPANY, LIMITED,

(269

"BRITONS

IN

V..

CHINA."

GERMANS

THE

LESSONS LEARNED FROM THE

LIQUIDATIONS..

BY DENNIS K. Moss

(Hongkong),

ABOOK to be read by all interested

in maintaining British Commercial influence in the Far East. ven

Published by the HONGKONG DAILY PRESS, LIMITED. To be obtained from the DAILY PRESS OFFICE," 10, Des Voeux Road from Messrs. KELLY & WALSH, Hongkong, Singapore Shanghai, and Yokohama, and from all Leading Booksellers.

PRICE ONE DOLLAR.

ROPOSALS FOR FROZEN FRESH BEEF AND MUTTON. Hlend qarters Philippins Department. Offen Department Quartermaster, Manila, PI Sealed Proposals will be received here until 12., March 7th, 1917, and then opened, for furnishing about 5,000,000 pounds Boot and 100.000 pounds Mutton. Further information on application.

250

WANTED.

COUNG GIRL to look

during the day, Apply

THE CERTIFICATE, No. 858, for Fire Shares, Nos. 5576/15580, standing in the Rogister in the name of AuMZDHHOY

Apply Do

CHINA FIRE INSURANCE CO., LTD.

TO LET

ODOWN in Daddell Street Light and Alry Ofioes overlooking Statue Square.. Moderate rent

For rent and other particulars apply to-

Care of Delly Presa" Offen

TO LET. From 1st May

(86)

OFFICES, and Floor, Bt. George's Ruild-

Apply tow

SHEWAN, TOMES & CA

TO LET.

1460

HABIBULLOY, having been declared LOST,Terrace and Salisbury Avenue, Kowlaen. DOUE-ROOMED HOUSES in Gordon NOTICE IS HEREBY GIVEN that unless

the said Certificate be produced to the Company day of April, 1917, a

* or before the Twelth How Certigoats for the said Shares will be issued had the old Certificate will thereafter be held by the Company as null and void.

By Order of the Board of Directors,

C. MONTAGUE EDE

Grotal Manager. Hongkong, 12th January, 1917. [177

NOTICE

A S. WATSON & CO, LIMITED

NE GERTIFICATE for 25 Shares Nos. 7400/7424 and ONE CERTIFICATE

for 5 8hares Nos, 51403/51407 in this Company, standing in the name of Mr. TANG LANKOOK, late of 15, Queen's Road, Hongkong, have been LOST, and if at the expiration of Ons Menth from the date horsof the abare documents be not forthcoming, ather Certificates for the soid Shares will be issund by the Company thereafter no ether will be acknowledged. TAS. WATSON & CO., LIMITED. Hongkong, 11th January, 1917, £175

and

BECOND 6 PER CENT. RUSSIAN INTERNAL SHORT TERMED LOAN OF 1916,

TO LET OR FOR SALE. wharf ares 58,000 sq ft, saitable for Coal KOWLOON MARINE LOT 48 with Sterage or erection of Godowns.

Apply to

HUMPHREYS ESTATE & FINANCE

CO., LTD. Alexandra Baildings.

108

TO LET FFICES at 2, Connaught Road Contrak OFFICES in King's HOUSES in Clifton Gardens, Conduit Road

Tork Buildings

Torrues

HOUSES In Broadwood and Moreten

A HOUSES OF

INTIMATION

6TH, 1917

WATSON'S

E

THE PREMIER SCOTCH OF THE FAR EAST FOR 25 YEARS.

E

WATSONS

MARY OLD WOLEVA

Soich Whisky

KITABU SKED

Ab, ja

POPULARITY

MAINTAINED

ET ITS

EXCELLENT QUALITY

NOT BY EXPENSIVE WORLD WIDE ADVERTISING.

investigations regarding the question, of subsidies were made too late to provice any tangible result. Our general habit of letting things slida has unce more told

Alexander HORS & Co., who wore entrusted with the task of winding up the affairs of Messrs. Sicmsson & Co.. and Wm. Meyerink & Co., Mr. Mess has had exceptional opportunities of to our disadvantage the interval be- Commering had contrasting German and tween the declaration of war and the British methods in all classes of mer first internaient or expulsion of enemy cbant business, and under the title of subjects from the Colony they had the op- Britons . Germung in Ching he sets portunity of destroying or forwarding this facts in a practical, sober, buni to Shanghas, important books and dogu- nesslike way. It is a book which should ments, and thus prevented a great deal be read by all interested in trade in of potentially useful information from the Far East-

falling onto our hands. In the absenco of Government subsidies it seems certain that the Germans must have bad some working arrangement with their home manufacturers. Possibly it suited the manufacturer and lowered his cost of production to have sufficient orders to keep his factorics always working at fall pressure. In such case he may have looked elsewhere for his profits and been willing to pay his agents in the

As we have more than once pointed out in this column, while it would be foolish to withhold from the Gerionus the credit which is their due for the repidity with which they built up their overstus Frade, it would be equally foolish to take them at their own value tion. They were excellent drummers" without doubt, and they knew the value of advertising Before the war it whe

almost impossible to pick up any journal Für Eat a commission for selling his without Ending some reference to the goods at cost price or a fraction above," aticces, with which their efforts to capture That systern is not, of course, unknown- British trade were meeting: A few months in America. Be this as it may, it is 2go it

may be remembered, an article by gratifying to learn that the British mer- A Neutral Diplomat was reproduced chants, in spite of their faults and fail-

cast, were more than able to hold their own against the persevering, penstrating Hun. There are excellent grinds for surmising there is more than one firm in Hongkong whom annual net prof equalled the total amount made by all the German" firms lumped together." Mr. Moss, however, does not suggest that we should be content to rest upon our laurels, but has rother written

in the Daily Press from the Cornhillings, which have been published broad magazine. In that article remarkable

facts were given

vun in order to show how very nearly the German netted the Lion in its sleep, and a conversation, aupposed to have taken place at the Peak Hotel between the Diplomat and German shipper, only a shade less powerful than the head of the Hamburg America line, was related. The German trade prospects in the East were de- scribed no colossal, and after the statement that Germany had 60 per cent, of all Hongkong's trade there was the nsual gibe at the expense of the British that they were indulging in sports and other amusements while their more in dustricus rivals were hard at work in

these few beery words by the wayside" as an incentive to fresh efforts. Hi common-scha way of summing up the situation in regard to the important piece-goods trade should prové parti- cularly interesting to Manchester and Bradford merchants, and he aske, very their offices. This is the class of pro- pertinently, why the Germany, were given paganda which Mr. Moss carefully the agencies and handling of the whole examines in the light of hard facts, and, of the British-made cotton thread busi- although he does not fail to recognises in China. The British merchants- that there are many directions in which in the For Fast could have handled this.

A. S. WATSON & British methods might be improved, and trade every whit as well as the Germans,

CO., LTD.. WINE AND SPIRIT MERCHANTS

HONGKONG.

TELEPHONE 816.

MARRIAGE

112

is a strong opponunt of any return to the but it is significant that they were never conditions which obtained in British given a chance. The author also com against the ill considered and unfair with capital borrowed on falso pretences Colonies before the war, he protests plains that German business was done

oriticism of British merchants which has been repeated ad nauseam and is respon sible for a grossly inaccurate impression

of the real state of affairs

Dealing with the proportion of trade

from London finance houses and ex- plains how bankers were expleted. Our banka, he urges, must not give such

facilities to German firms in the future as they have done in the past, and ho

sioners not to spend time in preparing

LEIGH BARKER.At the Holy Trinity

Cathedral, Shanghai, on January done by the Germans in Hongkong, Musks cur Consuls and Trade Commis 22nd by the Dean, the Very Reverend Moss seye AJ Walker, M.A., and afterwards at H.B.M. Consulate General, David, fourth son of the late Henry Leigh, of Manchester, to Constance Emily Coreens, youngest daughter of the Inte . L. Barker, of Sydney, N. 8. Wales

MADEATH MUEFRY- On the Ist February, 1917, at the Isolation Hospital, Macao, FRE DERICK WILLIAM Muneny, of the Chinese Maritime Customs, Lappa (258 Hongzong Orrios: 101, Das Yarx Bgan, C. LONDON OPTION: 151, Fz START, B.C.

The Daily Press.

HONGKONG OTH FEBRUARY, 1917.

GERMAN TRADING METHODS IN CHINA. THERE cems to be little doubt that a world-wide trade war will follow im mediately upon the cessation of the fighting in Europe, Does the British manufacturer fully realise the nature of the competition which he will be called upon to face in those distant

reigned supreme? Is the nation, ass foreign markets where, hitherto, he has

whole preparing for the struggle în as thorough and cflci "í a manner as is

APHY HONGKONG LAND INVEST. possible in existing circumstances? Are

MENT AND AGENCY Co., LTD.

WANTED the End of February.

[29

LTHOUGH THE SUBSCRIPTION A NESS fox toru Children, six and live N EUROPEAN NURSE or GOVER A. LISTS were CLOSED oe the 26th yours. Good salary offered.

Apply

December, the RUSSO ARTATION BANK, after Small Baby Hongkong, is prepared to accept orders for the above Loan up to the 13th Feb roly, on the Subscription Terme, i..., as previously advertised.

, NATHAN ROAD, Kowloon, any morning. 254

WANTED.

FANGINREE. Er. abstainer, for Harbour or

Hongkong, 18th January, 1917 [201

Eshop. Apply in owa writing with sopy OFFICs in Held Mentiras Hongkong

rafa, risting age and enlary required to...

W. B. BAILEY & Co., LTE,

Kowloon

A. B., Care of "Daily Presa Offles.

FOR SALE

1289

ONGKONG PORTAGE STAMPS

with New Surcharge. CHINA Hessonable Prices

Let us admit the supposition that the reports which magnify our failings, than the British. There is nothing sur encouragement where it is deserved. This Gernians captured more trada per head without ever giving a word of praise or prising about it, and nothing oko could have been expected, when, as the liqui- practice of self-depreciation has certainly dations have proved, they gave long and beeu overdone, and we agree with Mr. dangerous Credits, worked many lines at

lass, obtained their capital by fM088 that it is time it was discarded. honest micans, and, in fact, seemned to With regard to the policy of the future, vie with one another in a mad headlong My, Moss warns, the Government against soremble to obtain business whather a

profit was made or not. This idea that drawing conclusions from the investiya- it was necessary to do a huge turnover tions which it has itself made, at all costs seuras to have permeated and investigations were not carried far Buch actuated all the German houses in Hong

kong. There is, also no reason to doubt enough, and he suggests that the Glov that the sanie selfish methods have been, ernment would be well advised to take and are still being employed by Germans

in Shanghai and other places in China. counsel with the members of the commer To give definite instances, it cial community. There are many points has transpired that one firm actually raised which provide food for usturo did a turnover of four million dollars

a year in silk, and yet out of this only reflection. The book is not only one earned enough to pay the cost of run which may be studied with proft by ning the department. Another Arm did

a huge export trade in Chinese prosince, traders on the China coast, who are all and the total proits were seldom over more or less familiar with local con £300 per annun. Several firms ditious, but is one which should be sent

mads a fenture of deals in Chinese tin.

The losses they made in these transactions home to the manufacturers in Great vero generally appalling, but in the most Britain, favourable circumstances their profits

were miserably inadequate In one spreife instance, the result of a lòng sequence of large and important deals was a profit of 2 per cent, on the turu over Another firm made handsome pluft a few years ago out of a Chinese Government contract. Since that time it had, apparently, spent all the proft in endeavouring, by showing great style and with the help of extra

The funeral of Sir Chontung Lang Cheng will take place on February 0th, The cortège will leave 35, Robinson Foad,

10 am

During the week ending February 3rd there were G3 small pox cases in Hong kung. (all Chinese) of which number proved fatal.

we to profit by pant experience, or will the mistakes of the years gone by be repeated! These are questions of vital importance to which answers are insist maintaining the supremacy of British ently demanded by those engaged in

commerce in all parts of the globe. We Germans, in the circumstances, did not The question naturally arises why the are particularly concerned with the op- portunities which lie before us in Chim, and it is a question which Mr. Moss period there were two non-fatal cases of pack up their trunks and go home"

vagant measures, to repent its former profitable transaction. The result was that when the liquidations were begin it was found that the frm was already in- lecture will be given at the Helena solvent. Still another firm, one of the May Institute this afternoon at 5 o'clock Jargest and most influential amongst the German enterprises was found to be by the Rev. J. Kirk Maconachie on “pac locally quite insolvent at an early stage Biblical View of the Croation." The in the process of liquidation,

meeting is open to all women.

There was one fatal Chinese case of plague in the Colony during the week- ending February 3rd. In the same

The first enteric fever (one British and the other

does not attempt to evade. assumption is that the Germans must Chinese have been heavily subsidised by their Government in some way, though no direct proof of this has been found. It has

and we-heartily welcome, therefore, the small book which has just been published by Mr. DESNIS K. Hoss in which he giver as the benefit of the knowledge he has gained of German methods during GRACA & CO. the course of the forced liquidation of boob substantiated that in many cases enemy firma in Hongkong. As the they received indirect but exceedingly manager of the important Arm of valuable assistance in their trading but

NOTICE

Underigned bag te intimate that ther OPENED BRANCH ANDERSEN, MAYER & Co., LTD.,

(Incorpersted in U.S.A

[2531

H

188

No. 4, WYNDHAM STREET, Hongkong

The marriage arranged between Mar- shall Wood, of Canton, youngest son of Joseph Wood, of Halifax, Yorkadire, and Christina Gittins, younger daughter

of Mr. John Gittina, of River Bank Shepperton (Middlesex), formerly of at St. John's Cathedral, Hongkong. Foochow will take place on 20th Feb.

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