1917-04-14 — Page 3

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CORRESPONDENCE. GERMAN PRE-WAR METHODS IN CHINA.

[ THE EDIL OF THE HONGKONG DAIL_PRESS."]

S13,--Now that the liquidations of Gernian firms in Hongkong are practi enlly completed, it would be both inter esting and instructive if firms or indivi duals who have had the affairs in hand would express their views on the methods and pre-war position of the Germans and their China trade, as revealed by the liquidations, either through the medium of the Press or for circulation through the British Chamber of Commerce.

соли

|

TER HONGKONG DAILY TREES, SATURDAY, APRIL 14, 197

HONGKONG WAR CHARITIES. HONGKONG SHARD MARKET.

REMITTANCES MADE THROUGH THE LONDON REPRESENTA

TIVES.

The following list of remittances. has been made recently hy the War. Charities Committee through their representatives in London:

A

(1)--Red Cross.

€ 1.750 (all earmarked) (2)-Royal Flying Corps Hos

pital, General Fund 1,000 (3.)-Officers Families Fund £1,600

(810,000 earmarked) (4.)--Erwich Red Cross, General

Funis

£1,000 (5.)-French Red Cross, Hus

pital 113 Honour £500 (6.)-Barnardo's Homes 1,000. (7)Dreadnought Hospital,

Greenwich

£1,00 (8.)--Prisoners of War ....... ..£1,000 (3.)-Y.M.C.A. Huts 1,800

(2000

catmarked) (10.)-St. Dunstan's

£2,200 (all carmarked) (11)-British and Foreign Bail

Memorial

Mr. Moss'i excellent little book "Britons . Germans in China" veys views with which. I have heard, other merchant-liquidators entirely dis agres, and it is for this reason that I

ors' Sofiety make the above suggestion.-I am..sir,(12.)-Lord Roberte

Workshops Yours faithfully.

Messrs. Vernon & Bmyth, in their wookly share report dated the 13th April, 1917, state:-

Our last roport was dated 5th April, and in the interval business has been much interrupted by the Easter holiday, and the volume of business passing as been very small. Prices have kept very steady and with a little more enquiry an improvement would soon he apparent is there seems to be no desire to sell cash shares at present rates Investment shares have been a firm market, and it is difficult to find sellers at current prices Shanghai market remains very quiet with little doing. Singapore again ports a frm market, with further slight improvements in many Rubber shares. The following are today's wired quot

ou

COMPANY REPORT. THE YANGTSZE INSURANCE ASSOCIATION, LTD.

INTIMATIONS

LANE,

CRAWFORD & Co.

The report of this Association states: Working account 1915 and former years After transferring $343,960.24 to the Credit of Exchange and Investment Finotuation Account in order to close i that account, there remains a balance at sredit of 1915 and Former. Year's Work- ing Account of $1,081,017.09, and the Directors recommend the payment of n Dividend to Shareholders of 25 per cent. out of this Account and to place $250,000 to the Credit of a Now Investment and is Best

Fund The Account Exchange Reserve

will then stand as follows Dividend of 25 per cent. (815

per Share)

To Investment and Exchange

Reserve Fund Balance Carried Forward

TELEPHONE :1741

GENTLEMEN'S

THE FABRIC

Zephyr, light in

strong in torture.

THE DESIGNS

are the newest effects in Shirtings and Comprise a variety of Neat Stripes

in all colours. The Dye is the best

500

Alor Gajahs

....$4.26 cam div. 20 cents

Ayer Panas

12.75

$ 180,000.00.

· 250,000.00 451,017.09

$1,081.017.09

500

Glonealys

2:55

(13.)-Blue CrusM .......

500

War Fund-Tht Directors. also recom

"Q."

Kednbs

4.35

HONGKONG SUMMARY COURT.

CLAIM AGAINST AN ARCHITECT.

(15.)

For distribution among smaller charities at the discretion of our London representatives

Chatham, piano for theatre

Kempak

8.25

Malaka Pindag

2.80

30

Malakoffs

4.70

New Berendaba..

·4.50.

mend that out of the above balance car-obtainable. ried forward, the sum of £1,000 be donated to the Sailors War Orphans'

THE

Sandycrofts

5.00

.£ 2,500

£16,760

(14.)-Royal Naval Hospital

FINISH

SHIRTS

Mr. Gardiner mentioned a case befor the Chief Justice (Sir William Rees Davies) yesterday in which Lau Yam Shan claimed $250 from W. L. Wenger, THE HOMELESS IN NORTHERN

FRANCE.

Mr. | LOCAL FUND FOR THEIR

FIRST LIST: Fra 50

SECOND LIST:

architect, being balance due from 8816.72, part salary and part money lent. Gardiner stated that in the original chao judgment was given agains the defend- ant and the latter agreed to pay monthly instalments. However, the defendant had recently fallen behind in his pay- monis, and the case had now been restor- ed for the purpose of enforcing payment of the instalments as they becaine due. Judgment was given for the plaintiff.

SPORT.

ROYAL HONGKONG GOLF CLUB.

DRAWINGS FOR THE PROFESSIONAL

PAIRS.

The drawings for the Professional País in connection with the Royal Hong- kong Golf Club, to be played over the Happy Valley Course, are as follow: -- FIRST ROUND.

Ritchie and A. K. Henderson ». Muriet and Thursfeld J. H. Wallace and H. E. Hayward v. Hogg and Tisdall. Gibb and W. J. Morrison, Doninthorne and Wilton. Harris and Powell v. Bird and. Birkbeck. Cumming and Brister v. Beavis and Potter. Parr and Dodwell 7. Rawlinson and Bond. Leefe and Berwick Laughlin

Stalker, Bevington and Clarke Mitzier-Joues and Buck Kraft and Stark v. David. son and Johnson. Ormiston and Dew- biggin v. Stewart and Austin. Newall and Arnold. Wolff and Hooper. Perry and Fairley . McDougall and Herner-

gou.

V

#

SECOND ROUND.

and

Edking and Fisher 7. Thomson and Gendbar. Towns and Austin e. Cockren and Taylor. Gibson and Carry v. Han- cock and Layton. Herbert and Sim v Maxon and another. Golland and Evans r. Winslow and McKichan. Woodman

and Lindsay Woods . Grist and another. Wood and McKenny v. Gale and Pegg, Pearce and Woodhead v. Leith and Mur- ray, Fletcher and de Rome v. Henderson and Duncan. Archbutt and Hay v. Kinnaird and Stewart,

The first round has to be played off by April 22nd, second round by April 29th, third by May 6th, fourth by May 13th, mi-final by May 20th, and the final by May th

N. J. Stabb

Van Rees

P. Thomna J. Kemp W. Dunbar

H. J. Gompertz A. H. Skelton A Bunje

Pong Tsoi Ching

1. Hayashi

Bradley & Co.

F. C. Butcher

CD. W. A. F.

Hon. Mr. C. E. Anton

Duncan Clark

C. E. H. Beavis

Hon. Mr. PH. Holyonk

H. Hancock

Mak Nga Fa

Anonymous

H. B. L. Dowbiggin

P. N. N. Silva

Tapahs 22.00

Plantation Rubber in London is 3/1 per lb. Bar Silver is quoted 30fs. Ster- ling TT. is 2/4, Singapore T.T is 1001, Shanghai T.T. and the Bank's buying rate for 3 d/s bills are both nominal.

BANKS-Hongkong and Shanghais con RELIEF.tinue in request at $705, but no shares

are obtainable at the figure a 22.085

$250

·100

50

10

100

50

50

50

200

100-

100

50

100

500

50

8 3 2 3 8 8 8 8 8 8 8 88-888-8

20

50

Pathé Phone Cinema Chine G. Weiss

60

15

Wilman & Co.

Total Frs. 50 $4,616

THIRD LIST:

His Excellency Sir Henry May 200 100 R de Jourzel

Dodwell & Co.

J. H. G. Goodbun

Flammer

Anonymous W.

Bowman & Co.

B

Dr. Ch. Forsyth.

David Sagoon & Co

Sir Paul Chater

50

10

100

50

50

10

100.

500 1,000,

Total Fra. 50 $8,786

BOVRIL'S GOOD YEAR.

MARINE ÎNSURANCES.-Unjons are want ed at $010. This Company notifies a dividend at same rato as last year, viz., 860, with the handsome amounts of £100,000 to Leinsurance Fund and to Underwriting Suspense $1,685,000 Ascount, Cantong are firm, with buyers at $375. Yangtszes are nominal at $235, with exelange 73. North Chinas un changed at-Tls. 160 nominal. --

FIRE INSURANCES-Sales of Hongkong. Fires are reported at 8332). China Fires

are wanted at $155.

SHIPPING. Douglases are dull and are on offer at 896; Indo-Chinus Deferred show no change on the week, and could' be placed at $127. The Preferred are 3412 nominal Small sales of Steame boats have been made at $18, and further shares can be got at the rate Star Ferris improved to 835, and close with ||buyers at $1,

OILS.-Shells have been a dull market until to-day, when price improved to 107/- at which business was done. Lang. kais have been dull, buyers only offering

..

The 17 Ural Caspians are nominal, 28/-. REFINERIES. China Bugars remain quiet at $114 cash, and buyers st $116 for May Malabong have improved to a buying rate of $32.

Fund, being a fund which they consider is the best, while the shape is fully

should receive the support of this As- sociation,

fashioned by expert London Shirtmakers."

THE PRICE :

Working Account 1916-The Net Pre-

Return Premia, R/Insurance Premia, WITH SOFT DOUBLE CUFFS mia earned during 1918, after deducting

amount to 83,706,105.29, against

etc.,

$3,604,136.88 during 1915, and the $3.00 Each

Account shows a Balance at Credit of 92,254,518,25 The Directors recommend the payment of a Special Dividend of 3 per cent per share, to be paid out of Interest earned, which will absorb $30,000, and to carry forward the balance of $2,218,518.16.

The Dividends will be paid in Taels at Exchange 73 818 per share at Ex- change 73 Tls. 13.14 per share.

Reserve Fund and Reinsurance Reserve Fund-Those "Funde remain unchanged. and each stand at $1,000,000,

Building Reserve Fund. This Fund Blows 9130,000 at its Credit, which is ample for what it was intended.

Exchange and Investment Fluctuation Account--Owing to the high tale of Sterling Exchange ou, the 30th Deceraber, 1916, viz., 3/5-13-16 (against 9,65-18 on the 31st December, 1915), not only was the 9120,837-65 ut credit of this account. absorbed, but a further sum of $343,966.24 was required to wipe off the amount at the Debit of this Account on the 30th December last. That sum was trans- ferred from Working Account 1915 and Former Years, thus finally closing the Investment Fluctuation Account,

Investment and Exchange Reserve Fund. The Directors propose to open. this new Reserve Fund by placing $250,000 to its Credit, as recommended. above.

Sterling Exchange has been taken at 3/5 13-16 and the relative value between Gold Dollars, and Taels at 89 (the De mand Rates on 30th December, 1916) and

MINKS. Nothing has been donc in this market. Ranbs are wanted at $2.30. Tronohy are offering at 27/6. Kailans At the twentieth annual

are unaltered, and nominal at 36 meeting of Bovril.. Ltd., held

DOCKS. WHALVES AND GODOWNS. Hong 20th February, in the Great kong and Whampoa Dacks have ben Hall, River Plate House, London, strong and price bas gradually improved between Loca Dollars and Treis så 73. Mr. George Lawson Johnston (chairman to a buying rate of $124), and very few Investments. The value on 30th Decemi-

general on

of the company) presiding, stated that shares coming out.

Kowloon Wharves her last has been taken for all the Asso-

the Boyril sales in 1916 exceeded those of have come to business at 881. and creciation's Investments. any previous year, even when Govern- now wanted at $81 Shanghai Docks are rent and Red Cross orders are left out dull and are offering et Tls. 88. of account. The "gross profit on trading

LANDS, HOTELS AND BUILDINGS. Thi was £41.404. This is decrease against market has heen very firm Central are last year of £30,084, notwithstanding wanted at 298, and Lands could be plent record sales. The reduction entirely at $97 West Points have buyers at 875 due to the high cost of beef and to addi- tional expenses in packing materials, manufacturing, etc..

SCIENCE AND BOVEIL

with

Hotels are nominal at $102, Humphreys at 801) and Kowloon Lauds at $82.

COTTON MILLES-Ewos are unaltered at Tis, 147 cominal. Kang Yiks were done Sir James Crichton Browne said that nt Tis 12, but are since stronger, one truth brought home to us by the war buyers at Tls. 131. Shanghai Coltons was that this country suffered from its are in demand at Tls, 118 Yangtzenobs neglect of science in the past, both in its industrial and commercial- undertakings; and it reflected great credit on the per spicacity and foresight of the founders of Bovril that they had linked it up with science from the very first. They set up

are nominal at Tls

WAR LOAN PATHO“.

A FATHER WHO LOST ALL HIS

BONSA

The largest individual subscriber to. the wor- laam is Mr. James Knott, of Wylam-on-Tyne, who, it was announced has invested £1,250,000 says the Daily Sketch)

Behind this action lies one of the war's tragedies. Mr. Knott maile a great. fortune as a shipowner, and his hopes centred in the future of his three sons. Then came the war. The sons joined the MISCELLANEOUS," Cements have been

When the last blow fell Mr. Knott dis quiet and Are slightly lower, with shares my, and all of them have been killed. offering at 88.50. Tramways have been posed of his shipping interests and devoted schemes, ke is building 100 houses at Blyth done at 87.30, and more shares could be his wealth to good works. Among other placed at the rate. Peak Tramways read 200 at Leeds for the use of soldiers' to Mr. Knott's sons, and each is to bo the respective handicaps. (Half stroke, chemical department in their factory maiu, nominal at 89.80 for the old shares, widows. The houses are to be a memorial

endowed with 10s, a week

Should any tie remain unplayed by due date, the "second armed couple in the match passes into the next round This role will be rigidly adhered to and no exceptions will be made. Handicap- Thres-eights of the difference between

er over, shall count as 1. Smaller fracto supervise all raw materials, and to and the new shares are probably obtain

maintain the constant standardisation of able ut 95 cents. Deiry Farms are in tions count as 0).

The entrance fee is $2 per player, 20 per cent of which will be devoted to War Charities

SAVED TOWN FROM STARVATION

Mr. Knott sat for a short time is one

its products. They had also introduced a demand at $233, and Ropes at $281. Chine certain scientific element on the Board. When the history of the war came to be Borneos have come to business at $8.00, of the Unionist members for Sunderland.

exclusively upon shipbuilding written it would be admitted that Bovril and Waterboats at $10,00. China Lights In 1007 the town, which depends almost had done its bit. It had sustained the are steady with buyers at $41. Powells engineering, was hit by the biggest alump vigour and pluck of our men in the fight ing line. It had supported and built up are wanted at $6, and Steam Laundrys it has ever experience. When things were at their blackest, Mr. Knott came the sick and

forward with a fine act of combined busi- at $3.40. again the maimed, and wounded, and it had braced up and com

MEMO-Next Settlement 27th April.nes and philanthropy Though the freight market did not at the moment The Japanese army has announced the forted the workers, the watchers and the

*I encourage any such enterprise, he placed The war has stirred feelings of

orders for a large number of ships, dis- tributed over a number of yards, saved the town from starvation.

NEW JAPANESE RIFLE.

invention of a new infantry rifle by mourners at home, jot

Colonel Kijiro Nambu, an authority on erdmanov, who has in the past invented ism throughout the land; we have come

Prince Leopold, the Kaiser's nephew, several useful fire-arms accessories. The to dislike and distrust anything that is new rifle is said to be an improvement on of German origin anything that has has been invalided out of the German the weapon now used by the Japanese emanated from that breeding ground of army with heart trouble. He asked the arty Its special features include a lies, trenchery, pirsey, murder and Berlin commandant for civilian employ

broader muzzle, a longer range and im calculated brutality, and it is imperative meat, and volunteered to sweep the snow provements in the internal mechanism upon us all to patronize British com off the streets, but the offer was rejected, It is said to be more powerful in its firing modities Boval is of British origin as the Kaiser objected to Prussis

Prince thus demeaning himself, capacity and more couvement to handle and always has been British to the cort

i

6 For $16.50

THE "CRAWFORD"

DOUBLE COLLARS

I. 1, 14, 2, 21, 2

ALL

INCHES DEEP.

SIZES $4.50 PER Doz.

LANE, CRAWFORD & CO.

16

A.V.C. FINEST OLD LIQUEUR

BRANDY.

GUARANTEED 30 YEARS OLD.

V. D. CLARETS. V.D. SAUTERNES. V. D. BURGUNDIES.

Stocked by HONGKONG HOTEL.

Obtainable at LANE, CRAWFORD & Co.

A. & B. MACKAY'S LIQUEUR

THE

WHISKY.

ORIGINAL LIQUEUR

WHISKY.

PRICE $24.00 PER CASE DUTY PAID.

Has a fine mild flavour and a refreshing clean taste.

Obtainable at all Local Stores.

and at LANE, CRAWFORD & Co.

1467-2

Powell

Wm

TELEPHONE 346

BEDDING

AND

Lid

BEDSTEADS

And

BRASS

FOUR POST HALF TESTER. ITALIAN AND FRENCH STYLES.

WOOD

TEAKWOOD MADE ANY SHAPE OR STYLE.

add

This net made a great impression on the local public, but not even his bitterent. opponent dreamt of any political self-

TWIN BEDS AND COTS.

interest in the deal, such is the sterling WIRE SPRING MATTRESSES.

character of Mr. Knott

Mr. Fnott was founder, and bend of the Prince Lisa, Ltd., Newcastle-on-Tyne.