NEW ADVERTISEMENTS
NOTICE OF HEMOVAL.
TRADING CO. will be REMOVED
on the 20th APRIL to the New Building, 67/68. Dzs Vaux ROAD CENTRAL (Entrance Pettinger Street).
[775
THE HONGKONG HIDE & LEATHER CO. LTD.
67/69 DES VUX ROAD CENTRAL, AXGISTERED Orries
REMINDER. THE
THE Undersigned begs to remind the Members of the Company that it is essential in their interests to attend or be represented by Proxy at the MEETING called for MONDAY, 30th APRIL, 1923, at Noor,
tous as set forth in Advertisements
THE
NKW ADVERTSEMENTS
PEAK.
TO LET.
FURNISHED. 2, STEWART TERRACE,
Apply H. E. POLLOCK,
Prince's Buildings...
TILL
THE HONGKONG HOTEL CO., LTD.
GIVENI that
HONGKONG DAILY PRESS, SATURDAY, APRIL
INTIMATIONS
NOTIOR
with
THE REY. J. T. HOLMAN, M., has been appointed Acting Registrar, authority to sign on behalf of the UNIVERSITY, from MAY 187 to NOVEMBER 30TH, 1923, or until farther Notice.
N. TEESDALE MACKINTOSH
768].
Registrar.
THE HONGKONO JOCKEY CLUB,
NORDINARY FEARTY NI Set the THE SECOND GYMKHANA MEETING
of Shareholders of THE BONGKONG BOTEL COMPANY, LIMITED, will be bell at Tux HONGKONG HOTEL, Pedder Street, Hongkong, on SATURDAY, the 29th APRIL, 1993. 11.50 otrocK AM, for the purpose of receiving Statement of Accounts and the Report of the Board of Directors for the year endest the 31st December, 1992 cnfirming the appointment of a Director, and at the REGISTERED OFFICE, when the Reselecting a Director and Anderof the Company
THE TRANSFER BOOKS Press are to be proposed at the Meeting, it will be CLOSED from Monday, the 23rd is imperative to havs a three-fourth majority April, 1993, until Saturday, the 28th April,
Proxy Forms are to be bad on application at 1923, both days inclusive.
By Order of the Board, this Office.
WALTER J. HAWKER,
Secretary Hongkong, 16th April, 1993.
THE SHANGHAI HOTELS, LIMITED.
to pass the saDVET
773)
•
By Order of the Board,
E. PEPPERELL.
Acting Secretary,
CANTON KOWLOON RAILWAY.
TENDERS FOR THE SUPPLY OF Laquens AND REFRESHMENTS ON THE THROUGH TRAINS
ON THE ABOVE BATEAN.
will be held (Westhar Permitting) at HAPPY VALLEY, on SATURDAY, Ah MAY, commencing 3.15 P.M. The Charge for
Soldiers and Sailors in uniform Half Price. Admission to the Public Enclosure will be #1.00.
their
INTIMATION
38TH, 1928.
JOHN DEWAR
& SONS, LTD.
PERTH, SCOTLAND.
Members are adried that they must show By Royal Appointment
Badges to obtain Admission to the embers Enclosure
to His Majesty
Each Member has the right of introducing Non-members in the Members' Enclosure, Tickets for whom can be obtained from Messrs. INSTEAD & Davis, at $5.00 each up to Friday, The Stewards invite the Ladies of Hongkong. to be present.
[755
4th May.
HONGKONG & SHANGHAI BANKING 16
CORPORATION...
(715
N
GIVEN that OTICE IS HEREBY
Definitive Certificate No. /. 6656 dated 31st Decembet, 1920, for 35 Shares
The King.
WHITE
LABEL
FINEST
NTWENTYEIGHTH ORDINARY numbered 94019 to 391 33075 Provisional SCOTCH WHISKY
IS GIVEN that the
GENERAL MEETING Sharchol. dere of THE SHANGHAI HOTELS, LIMITED, will be held at TuE HONGKOS Hurr, Bongkong, on SATURDAY, the 28th APRIL, 1093, at 12 o'clock Noor, for the and the Report of the Board of Directors for the year ended the 31st December, 1922, and confrming the appointment of the Director and the Auditors,
I TENDERS which should be clearly parpose of receiving a Statement of Accounts Mr. S TEE SICXQUA are reported to have
T IS HEREBY NOTIFIED that SEALED marked "TENDER FOR THE SALE Of REFRESHMENT AND LIQUORS ON THE THROUGH TRAINS ON THE CANTON KOWLOON RAILWAY" will be received at the Head Office of the Chinese Siction at Tai Nha Ton until Noos of THURSDAY, MAY 3nJ. 1923.
Forms of Tender und fall particulars may be obtained at the Head Office of the Obinun Section at Tai Sha Ton or at the Head Office of the British Section at Kowloon.
The Railway does not bind itxell to accept the Highest or any Tender.
R. HAKER,
Alanager,
WEN TEH CHANG, . Managing Director.
Chinese Section,
British Section. Canton, 26th April, 1993.
NOTICE TO CONSIGNEES.
"ELLERMAN LINE."
FROM EUROPE.
THE Steamship
THE
THE TRANSFER BOOKS of the Company will be OLOSED from Thursday, the 26th April, 1923. natil Saturday, the 29th April: 1993, both days inclusive,
By Order of the Board.
WALTER J. HAWKER,
Secretary. Hongkong, 16th April, 1923.
LANE, CRAWFORD., LTD.
(718
1705
4506 to 31511, 5843 to 35837: Certificate No
30th May: 1991 dated 37/763 for 11 Shares, numbered 130943 to 130959 Provisional Certificate No. 57/1045 for I Share in the name of numbered 131422 all registernil
been been destroyed by firo aul ahould these certificates not be produced to the Bank before the 13th day of May, 1923, New Certificates for the Sharea wil be issued and the aforesaid Definitive Certificate No. .5/ns. 6666 and 57/768 and Provisional Certificates Nos. 67/1045 will be thereafter treated by this Corporation as Nall and Void.
By Order of the Court of Directors,
A. G. STEPHEN,
Chief Manager. Hongkong, 13th April, 1923,
HONGKONG CENTRAL ESTATE, LTD. TOTICE IS HEREBY GIVEN that the NOTENERAL MEETINO of the DEBEN- TOTICE IS HEREBY GIVEN that a NO 1778
FIRST ANNUAL ORDINARY GENERAL MEETING of SHAREHOLD-TURE HOLDERS of the above-named Com- ERS will be held at the HoseKONG HOTL pany constituted by Trust Deed dated the 30th on SATURDAY, 6th MAY, at Noon.
day of May, 1914, and registered in the Land The TRANSFER BOOKS of the Company Office by Memorial No. 55358 and mado will be CLOSED from 25th April, 1923, to between the said Company of the one part 3th May, 1923, both days inclusive.
and The Honourable Mr. DAVID LANDALE By Order of the Board of Directors, and NEWTON JOHN STABB (now Sir NEWTON
8. J. JORDAIN,
JOHN STABD, Kr.) as Trustees of the other Secretary. part supplemented by an Indenture of Assign- ment made between the same parties and dated THE CANTON INSURANCE OFFICE,
the 1st day of November, 1918, and registered in the Land Office by Memorial No. 81189 LIMITED:
hereinafter included in the both of which are Tabantare Trust Deed" expression ** will be held at the Office of Mesars. JARDINE, MATHESON & Co., LTD., Fedder Street. Victoria in the Colony of Hongkong, on WEDNESDAY, the 2ND DAY of MAY 1923, at 11.30 O'CLOCK in the ForZoom
"CITY OF SINGAPORE" having arrived, Consignees of Cargo by her are informed that all Goods are being landed at their risk into the hazardous and/or extra-hazardous Godowns of Holt's Wharf, whence delivery may be obtained.
No Claims will be admitted after the Goods have left the Godowns, and all Goods remain.
ing undelivered after and May, 192), il
be subject to roat.
All Claims against the Steamer must be pre- sented to the Undersigned on or before 10th Slay, 1923, of they will not be recognized.
All broken, chafed and damaged Goods are to be left in the Godowns, where they wil be examined on any Tuesdays and Fridays, between the hours of 10.45 K., and Noor, within the free storage period of one week.
No Fire Instrance has been effected. Bills of Lading will be countersigned by
THE BANK LINE, LTD.,
General Agesta.
[771
Hongkong, 27th April, 1923.
RICKMERS LINIE.
NOTICE TO CONSIGNEES.
FROM HAMBURG AND ANTWERP.
BE Stearnship
TRE
ANNA KAYSER having arrived from the abre ports, Con- signees of Cargo are hereby informed that their Goods are being landed at their risk into the Godowns of the Hongkong, and Kowloon Wharf and Godown Co, Ltd, Kowloon, and stored at Consigneer' risk and expense.
Optional Goods will be carried on unless instructions are given to the contrary before BOOD, to-day.
All broken, chafed, and damaged goods are to be left in the Godowns, where they will be examined on the 3rd lay, 1933, at
10 A..
All claims must be presented within fifteen day of the steamer's arrival here, after which date they cannot be recognised.
No claims will be admitted after the Goods have left the, Godowns, and all Goods remaining undelivered after the 4th May,
will be subject to rent.
1923,
Consignees of cargo are hereby notified that they must produce an Import permit signed by the Superintendent of Imports & Exports,
753)
NOTICE TO SHAREHOLDERS.
FORTY-SECOND ORDINARY GENERALMEETING of Shareholders will be held at the Offices of the Undersigned
THE
02 19URSDAY, the 10TR MAY, 1923,
the
and i Fornygos for the purpose of coundering
assenting to certain
execute or carcur in
the p
Resolutions modifications of
OF GREAT AGF.
AWARDED 50 GOLD AND PRIZE MEDALS.
keeping gold out of circulation, 'for have in many cases had to arrang, two - although the paper currency is of scales of prices, one for export and the course, convertible, the conversion of it other for home consumption, the prices into gold is a matter of auch difficulty for home consumption being arranged a.. that it is practically never done..
as to provide for any loss on the export Ap- parently the Government goes on the prices. This ments that the domestic principle that, having enough gold to consumers have to pay for the privilege cover all the notes in circulation, it does of maintaining the export trade, which not matter what the total amount of naturally brings no actual profit to the currency is in the country, provided it country, since it does not allow of the does not exceed the gold reserve by to import of goods to the real välu of the large a margin. As long as the gold goods exported, by which alone the wealth
of a country may be incruised. Further,... the maintenance of high prices gradually sapa the wealth of the people, leading to falling off in demand owing to the people not being able to afford to con
constant, WILA
or
rose only
gradually, not much damage was done, although part of the rise in prices that has taken place during the last twenty years must be set down to this account, but in the case of a sudden inflow of tinue purchases at their old rate. Thes gold, such as took place during the war, is a dvinand for cheaper goods, which this policy was bound to have startling means goods of poorer quality, and thus resulta. The enormous incrence in the retrogression in industry. From thes currency within a short the could have evils Japan continues to suffer, and they" no other effect than depreciating its have not heen lessened by a campaign oỡ value internally, with the salt that the part of the Government for the
thrift. prices began to rise, and although in the practice of
Abstention from course of time the relations between the buying in normal conditions might have. currency and commodities will rights the effect of 'eansing prices to full, sines themselves, the process must be a long merchants, to secure sales, would be one. The abnormal gundition of the content with smalleë profits, but in the currency is intensified by the mainten-position in which Japan is now it hag anes of an embargo on the export of marely resulted in deepening the depres- gold, which makes the gold still moresion. Presumably this result was convoy, valuable than the paper earrency whiched to the official conscience, for the thrift It is supposed to represent. Many campaign was stopped as suddenly as it endeavours have been made to induce the started and its place taken by a policy, Government to lift the embargo on the of drift, with nothing done to remove the export of gold, for "the purpose of evils. Unemployment is increasing, but lowering prices, but, so far, the Govern- 16 large number of the industrial pressure employed are returning to the land | brought to bear on it. It would almost which they left during the war, and with seen that there is some ulterior purpose the summer coming the situation is not 113 preventing the export of gold, likely to come to a crisis. If next winter although what this can be save the finds prices as high as they are now..
ment has resisted
alt
the
THE VICTORIA VAT militarists, it is difficult to see. Recently, however, the conditions will be difficult.
The very finest old
SCOTCH WHISKY.
As supplied to the Houses of Lords and Commons.
the rights of the Debenture Holders against A the Company and authorising the Trustees to execution of all such
• Deoda or Agreements Assignments,
other docu- ments as they inny deem or be advised to be expedient for carrying out such proposed modifications and for safe guarding the interests of the Debenture Holders,
at Noox, for the purpose of receiving the Resolution ΟΙ Report of the General Agents, together with Statement of Accounts for the year ended the 31st December, 1829.
The SHARE REGISTER and TRANSFER BOOKS will be CLOSED from the 28th instant to the 10th May, 1923, both days inclusive
JARDINE, MATHESON & CO., LTD.,
General Aventa. Hongkong, 18th April, 1923.
NOTICE.
A. S. WATSON & CO., LTD.
ONE Certificat+
12863/12665 and
[738
for Share Nos. Certificate
This Notice is issued pursuant to the pro- visions contained in the Third Schedule to the Debenture Trust Deed.
Dated this 20th day of April, 1823
By Order of the Board,
(748
L. S. GREENHILL: Secretary to the General Managers.
for 3 Shares Nos. 12686/12698 in this Company standing in the Name of LI HIM U and LI PEAK TRAMWAY CO„
U CHEONG respectively have been LOST, and if at the Expiration of One Month from the Data beroof the above documents be not forth. coming, other Certificates for the said shares will be ised by the Company and thereafter no other will be acknowledged.
A. E. WATSON”& CO., LTD. Hongkong, 5th April, 1923.
NOTICE
(881
TENDERS are invited for the CATERING
SERVICE on the Loen Trains of the
KowLOON-CANTON RAILWAY (British Section)
and for the Refreshment Rooms at Kowloon, commencing from the 16th MAY.
Only First Class Catering Firros need spply, Bu Efficiency and Reliability are of Greater Consideration than Rent
10-
Particulars may be obtained on application
THE MANAGER, KOWLOON-CANTOK HAILWAT, (British Section), Boogkong.
Kowloon, 15th April, 1923.
NOTICE
[763
Hongkong, before Bills of Lading can be WCustomers that our RETAIL PRICES countersigned.
No Fire Insurance has been effected. Bill of Lading will be countersigned by
NAAMICOTE VENNOOTSOULF, in CARL BODIKER & COS
HANDELMAATABAPTIS (LTD.),
F. ESROM.
Manager, Agenta, Rickmers Linin
{772
Hongkong, 27th April, 1923.
THE HONGKONG SMALL INVESTORS SHARE AND REAL ESTATE CO.
·
No. 8, Des Vaar Road
BUYERS of Cantos Icza.
Telephone C. 4306,
CANTON INSURANCE. DAIRY FARMS. H.& S. BANKS, HONGKONG FIRES. BONGKONG HOTELS, BONGLONG ROPER WATSONE. BELLERS of HONGKONG REALTIES.
HUMPURETS ESTATES. ON LOK YEEN REstaurants RAUB MINES
E HEREBY BEG TO NOTIFY our
have been altered and the BEVISED PRICES will come into force on and after the IET PROX
New Price Lista may be had on application. THE DAIRY FARM, ICE & COLD
STORAGE CO, LTD. 26th April, 1923.
1207
HONGKONG ENGINEERING AND CONSTRUCTION CO., LTD.
NOTICE OF CALL:
ISSUE OF 15,000 SHARES OF THE NOMINAL
VALUE OF $10 EACH ($2.50 PAID US),()
TOTICE IS HEREBY GIVEN that the Second Call of $2.50 per Share on Each of the 95,000 Shares allotted on the 8th day of November, 1122, has been made by the Company, and that such Call will be payable to the Company's. Bankere,
HONGKONG BHANGHAI BANKING CORPORATION, at
1923. of MAY, For and on Behalf of the HONGKONG ENGINEERING AND
· CONSTRUCTION CO., LTD. S. J. EASTERBROOK,
Acting Secretary. Dated the 24th day of April, 1923.
Hongkong, on the 15th day
LIMITED.
TIME-TABLE
WEEK DAYS,
7.00, 7.10 am.
11.00
7.80a.m. to 8.00 am. Every16 minutas“ 8.00
" 11,00
12.30 p.m.
10
15
12.40
25
Non stop
19.47
+
Stopping
12.57
Non stop
1,01
1.18
P
1.20
"
2.30
1.20 p.m. 1.20 3.30
8,30
10 H
10
7.10 »
7.30
.7.27
7.37.
7.44
7.54
8,001
8.70
Stopping
Non stop
Stopping
Every, 10
15
10
"Non stop Stopping
34
Non stop Stopping.....
Non stop
Stopping
Stopping
NIGHT CAR
8.50 pm 8.00 pm, 9.20 p.m.
9.30 pm. to 11.00 pm. Every 20 mix action 1138 pm, 11.30 pm 11.45 pm.
SATURDAYS.
Extra Car-19 Midnight. BUNDAYS.
7.00 am 7.10 7.30 am to 9.80 a.m. Every 15 minutos
11.00 11
10 .12.00 noon
9.80. l
11.15
* 12.00 noon » 1.00p.m.
· 1:00 pm 12:30
16
10
15
10
15
10
2.30
11
1.80
4.30 5.30
6,30
7.10
7.20
21
7.27
Stopping
7.37
Non stop
7.44
Non stop
.. Stopping
7.04 Non-stop
6.01
8.10
Stopping Stopping
- SPECIAL CARE..
SOLE AGENTS :-
yielding to protests, the Government agreed to reckon the propertion of paper currency to guld reserve only on the basia! of what gold was in the country, the former practice being to include in the gold reserve against notes the amount of specie kept abroad. This narrowed the margin between the gold and the notes and thus gave an artificial appear-
The total output of Kailan Mining Administration's mines for the week ending April 14th, amounted to 80.420 tons and the sales during the period tọ - 96,250.
Colonel C... Davy, CMG, Chief ance of a restriction of the note issue, Engineer, Commands the Troops in but practically the result is the same. South China, during the absence. or. There has been to real decrease of the duty, of Major-General Sir nato issue and thus no diminution of the Fowler, K. C.M.G., C.B., D.§.O.
currency.
Joha
The position of Japan strongly "We are sorry.", says à intter from a. resembles in this respect the positions Chinese to a Shanghai paper, to inform of Norway and Denmark. Both of those you that your report that our general countras received large accesalons of manager" and others were held for ra27. some by Shantung bandits was quite
S. WATSON & gold during the war, in the same way
CO., LTD.
Wine & Spirit Merchants
PHONE 616.
BIRTH.
to
DODD.-At Shanghai, on April 19th, Mr. and Mrs. A. Dodd, à 100,
Hongrong OfficH: 104, Das Vaux Ro.. LONDON OFFION: 131, FLET Synant, E.0.
The Daily Pres
HONGKONG, APRIL 2810, 1913.
PRICES IN JAPAN.
Was
as Japan, and in both countries there unfounded.”
as unrestricted issue of paper
Members of the Hongkong University, The reault is that to-day Medical Society were treated to a lecture currency.
prices in both countries are almost ou
a level with those of Japan and shown the subject of "Parasitical Diseases. no signs of diminution, exchange rate is. remarkably low.
in China" by Dr. Faust, of the Peking while the
University Medical College yesterday
Sweden, on the other hand, by a careful evening. The lecture was delivered in restriction of its currency, was able to the School of Anatomy, and the chair was keep prices down, so that to-day they taken by Professor Wan. Dr. Faust has are below those of Britain compared recently been doing a great deal of with before the war, and very little parasitical research work in South Chino, above those of the United States, while
Our reference to the dressing of mer its exchange rate on the United States
cantile shipa in port on the occasion of in January last stood at a premium,
the wedding of H.R.H. the Duke of position not shared by any ather. European country, although for a time York stands in need of correction. Our last year Swing exchange uns at a small observation did not extend beyond that Wo premium A study of the financial range of vision from Blake Pier. conditions of Denmark, Norway and are informed that in addition to the threa or four ships we named, the following Swedes, all of which have the same currency, should elicit some interesting fully dressed ship: 8.2 Sunning, News: fict's. Rates of exchange, however, de chang and Kulgan. We have pleasura THE cost of living in Japan-which, in not throw any light on the internal in making the correction. comparison with the cost of living before conditions of a country, which has the war, has fallen less than in any other rather to be found in the inder- country except France, Italy, and Dumbers of prices. Practically it may Germany instead of showing signs of be said that in normal times prices in declining of late, has in fact showa a rise all countries are the same in proportion CANTON INSURANCE OFFICE, LTD during the last two months, which would to the rates of wages, amount of taxation
It is We are officially informed that this seem to indicate that it is impossible in and other modifying influences. present conditions for prices to fall any only from the outside view that prices General Agents and Consulting Committed lower. A level has been reached corres seem to vary. To an Englishman before of the Canton Insurance Office, Lid,, will, ponding to the conditions in the country, the war the United States seemed an at the forthcoming Meeting of Shareholderg and for there to be any further fall the expensive country to live in, and, on the to be held on Thursday, the 10th May.. basis of the English rates of wages, it declare a final dividend of $22 per shere. conditions will have to be changed.
was. But the cost of living in a country in respect of Working Account 1021, addi ant Reinsurance Fand, to maintain high prices there is great in only be judged on an internal £25,000 to the Sterling Reserve Fund, difference of opinion. Probably they are basis, and from this standpoint in is not $125,000
improbable that the United States had 804,079.00 to Underwriting Buspend many and various. One reason is to been a slight advantage in the cost of Account; and they will further declare an
As
to what the causes are which are serving
oven
COMPANY REPORTS.
to
found in the depreciation of the currency internally The supply of any com living over Britain owing to the superior interim dividend of $10 per share in ros- modity cannot be increased without the pings for enterpries offered by s yet poct of the Working Account 1922 an value of that commodity falling, and only partially developed country. The carry forward the sum of $9,172,375.41.
rise in prices, therefore, must be ̈ con- specie, is no exception to the rule. Asidared in connection with pre-war con- UNION INSURANCE SOCIETY OF large amount of money was poured into
one country ara 50 per cent. above
CANTON..LIMITED..
Japan during the war, much more than ditious, and when we find that prias inf
Bubject to audit the Directors of the she could absorb in development work, pre-war prices and in another 100 per Union Insurance Society of Canton, Ltd, and the consequence was that, according cont, it may be taken that prices in the will recommend the payment of a Final to the well-known economie law, the latter country are standing abnormally Dividend of. Sixteen Shillings per shard value of money fell. This meant a ries
of prices. The gold received was not
high.
Such is tho
for account 1021, an Interim Dividend of case in Japan.com-Twenty-four shillings per share for account
all; on the strength of it there was
large increams of currency notes, parod with the United States and 1922, and a Bonus of 20 per cent on Con the Japanese Government baring, for Britain, thy natural effect being that tributory Prominm, some years now, driven, gold out of Japan has great diffculty in cópeting: circulation by an excess of notes with othom ountries in the world 2311,763.1.11. be carried forward to Under 1736 Indeed, a policy has been developed of portrets, 'ng'in rok so that manufacturom writing Suspenso Account 1921,
ALLANGEMENT AT THE COMPANY'S OFFICE, ALEXANDRA' BUILDINGS, DES YEUX ROAD,
1765
1st May, 1823,
They will further recommend.
thatt
No comments yet.
Private notes are available after approval.