1903-01-07 — Page 3

HONGKONG AND THE CURRENCY QUESTION,

VIEWS OF THE CHAMBER OF COMMERCE

THE HONGKONG TELEGRAPH, WEDNESDAY, JANUARY 7, 1903.

chiep de pressed to fully consider the interests of this Colony in any measures proposed with regant to Indian currency, letters were also exchanged with various hodies on the same subject, and at the Annual Meeting held in

1894, 1th May, the Chairman pointed out that, though foreign traders in China suffered by the

fregands, the liquidation of her. f reign gold indebtedness, the institution of a gold currency would at first seen to simplify matters, but, with all her currency anangements in such a chaotic state, and the general backwardness of

her fiscal and other institutions, I hardly think any one is bold enough to tackla such a pro

The Chairman put the question whether the Committee wished to depart from the attitude of the Chamber expressed in the letter to the Singapore Chamber in 1897.

The Vice-Chairman When the matter was

discussed at the last Committee meeting it was agreed that nothing had arisen to alter the

At the meeting of the Hongkong Chamber of Commerce held on the 16th uit, the follow ag Tetter from the Singaporo Chainber of Indian movement, the natives here benefitted | blem just now, nor in the future untit unheard ¦ position then taken up and that this special

Commerce was read

by it.

Chamber of Commerce, ́. Singapore, 28th November, 1902.

1897, 27th August. A letter was addressed Dear Sir-It will be within your recollec. by the Singapore Chamber of Commerce invit tion that some five years ago in connection with ing this Chamber to co-operate in moving for a movement then made in this Colony for fixitysotneremedy to bring about fiarty of exchange, of exchange, this Chamber addressed the

a subject they were then considering, andasking Hongkong Chamber of Commerce with the if this Chambercontemplated taking any action on this importail matter. On 4th September,

object of ascertaining its viewa on the question, this Chamber peplied that the positions ocĉu that the present low price of silver will stimulate 1

and inquiting: if any action in the same direction was contemplated by the Colony of Hongkong.

pied by the two Colonies were very different, which rendered combined action impossible in the direction of procuring relief from the 2. The reply received at that time was, in effect, that, slanted as Hongkong is on the instability of silver, and stating that, situated borders of the greatest silver-using country in

on the borders of the greatest silver-using Ein- the world, it would be impracticable for tapire in the world, with which country its trade Colony to attempt any change of currency, and

is mainly conducted, it would be wholy that the Hongkong Chamber of Commerce did impracticable for this Colony to attempt 5 not feel able, linked as the interests of Hong-

currency divorce fraus China, however much, kong were with silver, to move in the patter

for some reasons, such a departare might at 3. Since then, however, much has happened:mittee do not see their way to take either first sight seem desirable, and the Com silver has fallen to 128 per ounce, its lowest recorded value; not only dues lurther decline indiviual or combined action in recommend seem not impr bable, but there are those who ing to the Gaveniment any change, in the existing curtency, here," and at the feneral hold the view that still other serious deprecia Meeting in 1891, 5th April, the Chairman tion is before us; the heavy fall in the sterling value of the dollar has borne henelly upon many interests in the Cotony, and doubtless this, and the uncertainty as to the future, is being experienced in like degree in Hongkong. 4 The Singapore Chumber has recently again moved the Government in the malter with a view to investigating and considering fixity, and :.. a result De Secretary of State for the Colones has, you doubtless are aware. appointed a Committee of which Sir David Barbour is Chairman to inquire into report is the matter in the corb red interests of the Stein Settlements and the Federated Malay Stites,

1

ask you to be so good as to Evour this

1.

and

ber with any information that may be of assis tance le 1 on this difficult and inpyrant question.

Yours Githi,

said: "There seems to have been great differ ence of opinion in the Singapore Chamber on this complex problem of the silver question, but here we could feel none, so far as the stand- ard is concerned, as it is quite impracticable to effect a divorce froin the currency of China, „where our main trade ligg, and with which we in these days to face is more accentuated than are in such proximity. The situation we have

|

The Chairman put the question again before the meeting and it was unanimously decided in arthere strongly to the opinions expressed in the letter to the Singapore Chamber, on the 4th of sentember, 1897

of reforins can be introduced. For the present i meeting has been called to give the absent at all events it appears to me that her interests members a chance to discuss the matter and are entirely bound up in silver, as she can only to decide whether it was advisable to get the hope'in the end to pay for her imports and inopinion of the whole of the Chamber in

general deltedness by her export, and with cheap silver meeting, and also, in the event of a general these last are placed in a position of unique meeting being called, whether the Committee advantage ish-vis those of the gold-using should express their views on the subject for countries of the world. There can be no doubt the consideration of the members ng a whole.

Hon. CW. Dickson-My views are that the the export trade of China (although that may existence of Flongkong is not essential to China be a plant of slower growth than wo should and if Hongkong went "gold" the Colony like to see) and as a consequence China must would be left as far as trade with China is absorb more and more of white metal, and same

concerped. should at least have a steadying ellect on our exchange. The Straits Settlements may decide to adopt gald, but I subinit that their position as a country with steady and valiable exports is so different from that of our small island with fabsolutely no production' of our own to speak Mr. Wilcox-I think you are making a rent lend is taken by Chinz, of which entiuntry, for all members of the Chamber. It should be harne of that we cannot possibly follow unless the mistake in deciding not to refer the matter to practical purposes we are simply the principal in mind that this question of the currency is southern part. Currency questions are usually the question of the hatte, one in which the considered to be work for experts, but I think whole community take the deepest interest, there can be little doubt that these would all, for for all are more or less affected by it. I am once have no difficulty in agreeing to this. Fatmagly of opinion that a general meeting of that Hongkong is in no position to dream the members of the Chamber'should be called of a standard for herself apart from China. Ihave to discuss the letter before us, and the afford endeavoured in the foregoing to give some of them an opportunity of expressing their views my views but am ready to avow that the subject on the subject. The question is, I would re- is one which calls for much more insight Led nind you, of equal importance to the menibers special knowledge than I possess, and is one as to the Committer, and I know that many about which even experts of the first rank might members entertain very pronounced viawn on. possibly be found to differ, so I am quite pre this problem. pared to find much diversity of opinion on the

The Chairman-To my idea the chief pb. part of the general body of our members, as fection to the Committed, calling a general well as among the public generally in spite of meeting of members is that in all probability the conclusions we inay arrive at round this no one will come forward with any well-thought-i Committee table. I shall be glad to listen to out scheme or proposals and that the meeting any views on this subject which you, gentle will only result in some general desultory dis. men, may choose to express. I inust add that į enssion which would not only not tend to fur. Mr. Shewan has written a letter to the Secrether matters but would probably be productive tary regretting his inability to attend the meet of hari and might create a bad impression. ing today, but has been good enough to write Some discussion followed and it was even. down his views on this subject, which are as tually decided not to call a special general follows:---

meeting unless one was requisitioned by five members under Rule XI11)

before, and we have now to consider whether. in view of all the circumstances which lave Transpired of recent years, it is advisable to alter previous views, or to adhere to sume. This question seriously affets all in the Colony, 5. In view of the large made which wists with the exception, possibly, of the nativan, who between the Strang Seulements and Malaray he affected in a tasær degre, or who may Peninsula and the Colony of Hongkong, it is conceivably benefit to some extent from the possible that the question must be regarded as cheaper silver, but I take it that what we are again meriting consideration by your Thumber, ledly concerned to consider is how any such and I have therefore been instructed to inpire proposed change as a resort in a gold basis, or if the views of the Hongkeng Charter as

ather means of arriving at a fixity of exchange, expressed in 1397 retain unaltered, and d'un to

is likely to feel the trade of the place as a whole a question of the most complex nature and one requiring the deepest insight of the most learned experts in such matters. It appears to Inc that there is too great a disposition shown on the part of some writers in the public Press to ignore or to glass over the serious diffculties in the way, and to propound ventures which sourd cumingly simply, but which world be totally unworkab'e in actual practice, whilst others give utterance

Colony has been built upon very slight found- to vague complaints that something must be done, but at the same time supst an

ations, and I do not think we should be wise in remedy. Naturally we are all prone to look at

running any rich of hurting it. Whatever Sin things from our awo personal point of view.

capere may decide to do is no criterion for! } feel quite assured, if cur dollars are to be de

Hongkong. The conditions there are diffi

monetised, and the cursetey placed on a gold

erent from those here. They chi-fy dependi basis, thers will be a fearful bill to meet in disebut we upon a country using silvar exclusively, ¦ upon countries using a gold standard, '

posing of our demonetized currency, which is cationed at many milions-how many millions there are some of our banking friends atY possibly be able to guess--and how this loss is

ALRY GUNN The Secretary,

Secretary Hongkong Chauler of Commerce

Chamber of Camotece Hongkong. In the piscussion which followed it was agreed by the negenang ibar albing had arsen to alter the position taken my by the Cumber Jin 1897, but, maring to nevesil members of the Commentre, being seort, 2 ww considered desirable call a special piersing of the Comunitice to allow die abrept snembers a chance to discuss the matter, was discuted to leave till then the qustion of the desirablin | of calling a sherir! goueral meeting of the Chamber, and also in the event of a general meeting being called, whether the Comunitác should express their views on the subject.

-

VIEWS OF THE CHAMBER OF COMMERCT.

The following report is from the minutes of the Flongkong Chamber of Commerce -

At a sperid meeting of the Committee of the Hongkong General Chaniker of Commerce held In the Chander Room, City Hall, on Tuesday, 23rd December, 1991, at 4pm. Present Hon. C. S. Sharp (Chairman). Mr. W. Posin (Vice-Chairman, Hon. C W. Dickson, Mesers E. A. Hewett, C. Michelan, N. A. Siehe, J. R. M. Smith. H. E, Tomkins, R. C Wilkes and A, R. Lowe (Secretary)

The Chairma said--We are met here to-day in consequence of what is seemingly a gruerat desire, as expressed by means of suggestions. if not demands, in the columns of the public Press, as well an'in consequence of a renewed reques! from our neighbous at Singapore, that we should consider whether it would be possible or advisable for this Colony to take steps by means of urging on the Government, or otherwise, to deal with the silver questo, and if possible, bring about some measure of stability in exchange.. It is needless to sav that this is a question closely affecting us f and the trade of the Celony, vid of late the position has been much accentuated by the changes adopted in neighbouring countries, which have no doubt combined with other esuses to bring about a heavy fail in the gold value of the white metal and further a move- ment is now in progress having for its object is place the currency of the Straits Settlements on a gold basis, which, if carried out, will no doubt have a further depreciating effect on the value of silver. A similar movement is also being made in regard to the Philippines. This is a subject which in past years has re- calved not a litt'e attention from preceding Committees of this Chamber, the result of which I will shortly sunsmarise :--

to be met I cannot well conceive, nor do the complainants in the papers venture to suggest. at all events they are discreetly silent on the point. I doubt very much whether the Gayerns meet would foot such a bill. This is one of the "lions in the path and a monster he s which complainants should first show at their | ideas about disposing of. We should no doubt

cach of us like to see our dollars converted a fixed sterling sum, possibly above la-day's parity, but the great question with which we here are concerned is, would that benefit or ruin our trade as a whole ? We seem, from the nature of things, inextricably bound up with China in the matter of trade and currency, and rift that great Empire "goes gold fail to ser how we can take such a course What is one man's meal is another man's poison, and so, in previous years was pointed out to our invapore friends, "the positions occupied bu the two Colonies are very different." My own personal view, therefore, is that, although a gold basis would no doubt benefit many individuals here, the Colony, from its pecallar situation, would inevitably kufer and heavily so in

"I am in favour of a gold currency for all countries except for Hongkong until China adepts either a gold currency or a gold stand-by Mr. Wilcox, and carried unanimously, it On the proposition of Mr. Ifewelt, seconded

ard. If we adopted a gold currency in Hongkong. | was resolved to publish the proceedings and the exchange hapks" would be driven to open forward a sopy to each member, branches and do their business in Canton, and This concluded the business, with the departure of bank business, other busi the trade and industries of Hongkang would ness would follow, and the result would be that

suffer a severe blow. The prosperity of this

Intimations.

THE CARE "P THE EYE.

Many who suffer from headache and ner vousness do not suspect the cause.

The nerves that control the eye have a diret connection with the most vital parts of the human system.

fully sympathise with thoan people of moderate incans who particularly feel the

however, with only be temporary, Wages out pressure of increased cost of living. This,

here have risen and will continue to rise as the sterling value of the dollar falls and if a man receives for his dollar lees to remit home than he did before, he will or the other hard, have

Why should you not read more than a few minutes without discomfort? Why should more dollars with which to buy his remittance. your eyes give you trouble? Why those to the thing remains as frond as it is long, As beadaches? You owe it to yourself to have the sterling value of silver falls, so, I think, your eyes carefully examined,

dites and, though in a lesser degree glasses are worn to keep in check the involun will the cost in dollars of labour and coNowadays, when optics is a science, and perhaps, of bed and other property, rise. These conditions will thas continue to adjust themselves ungil the limit, which cannot be "ery far of now, is reached,"

The Vice-Chairman-As Mr. Smith was not present at the last meeting when the subject was under discussion, I suggest that he might give the Committee his opinions regarding same froci a biaker's point of view,

Mr. Smith-Speaking generally, I am in accord with the views just expressed by the Chairman, whose remarks appeared to me to i cover most of the ground. Looking at the question more particularly from an exchange and financial standpoint it must not be forgot. ten thay a large portion of the internal trade between North and South China is financed China is conducted, and that if a change through Hongkong, and that practically the

trade by adopting any other currency than that in which the foreign trade with

be made, we shall see a gradual setting away from us of the tide in parts and places on the naintand with a gradual tendency to leave Tongkong like a ship' stranded on a reef with the tide gone down That would not in the end benefit the individual, and would be a very great clamity indeed to the Colony at large. Then, how would the adoption of a gold basis suit the native traders of the place? I am quite prepared to hear some of the public urge that this is a British Colony and that in such matters the native does not require much or any con- sideration as against the foreigners' necessities or requirements, but, as Government assistance would be necessary before any such change could be brought about; I do not for a moment think that the interests of the native traders would be ignored, but that they would be given the fullest weight to, and, if I do not misjudge the position, I hazard the spinion that the in- teresis of the natives here are bound up with cheap silver, and, since they would have in one way or another to pay their share of the heavy. cost of demonetising the dollar, to which I have already referred, is it at all likely, as things are, that such a change would be brought about, as assented to by the Government to the damage of the native/inding interest?' As to the chances in favour of China “going gold " there are so many factors to be taken into consideration, that one would require to write Committee, addressed. volumes, and have a vast store of special know, mment a request that the home, Authori- | ledge to deal with such a mighty problem. As

1897, 19th November.' A general meeting of members passed the following resolution:

#That the Hongkong General Chamber of Commerça recommend to, and urge upon, Her Majesty's Goverment the desirability of adop...] ting la concert with the other European Governments, with the Government' of the United States and with that of India, also with thesa of other countries, if so desired, such chas as will fessen if not remove the present Serious uncertainty in exchange between silver and gold-using countries which has had so disturbing and so universally injurieus en effect upon British Commerce with all Eastern and silver using countries."

1893, 17th March,

CO. FOR WASHING COTTAM & Co, for SUN HATS,

would not be exhausted faster than the brain tary muscles of the eyes so that the nerves

can supply, it is wrong to wear glasses not fitted by an opthalmic optician,

Lenses specially ground on the premises for the correction of astigmatism and other defecis of ryr sight.

N, LAZARUS,

OPTHALMIC OPTICIAN.

OF LONDON AND CALCUTTA.

Consulting Room:

No 16. Queen's Road Central. Entrancethrough Mr. R. Houghton's Tailoring Establishment, nearly opposite Hongkong Hotel,

LIMITED.

PORTLAND CEMENT.

he

whole of the great trade of Canton and SouthGREEN ISLAND CEMENT COMPANY, China with other countries is at present centred here, the p ssession and retention of which is of vital importance. Currency flows to and from Canton freely according to the movements of trade and the state of the money markets, and am strongly of opinion that the adoption of a In monetary standard in Hongkong different from that of China would not benefit this Colony as a great commercial centre, but would inevitably result in that all important trado gradually leaving Hongkong:

dolls would be let loose in this Colony if the Mr. Wilcox asked how many millions of Straits Settlements started a gold currency.

Mr, Smith replied that he was not in a posl. estimate; he did not know how they would be tion at the moment to give an accurate dealt with there.

RITCHIE & CO..

as of 375 Bs. Net •00) per Cask ex as of 250 hs. Net 39.75 per Bag ex Factory.

Factory:

...

SHEWAN, TÓMES & CO., General Managers. „Hinukung, 3rd December 11,

NOTICE.

FIG

NOT RESPONSIBLE FOR DEBTS.

Neither the CAPTAIN, the AGENTS, nor the OWNERS will be RESPONSIBLE for any DEBT contracted by the Officers or the Crews

SS, SHIKOSA. British atr., Capt. E. A. Chaplain. of the following Vessel during her stay in Hongkong Harbouri

-Dodwell & Co, kid.

www.

Launches for sale. Shipping Trapsportation General,

Telegraphic Address;

"Ritchie, Hongkong". A.B.C. Code

Wine:

Ship Chandlers, Coal Merchants,

Stevedores, Sall Makers, Wi

audSpirits, Tobacco and Cigars

Hang

Neme

洋列

R

AT Sailors,

Firamen. Cooke,

Stewards & Boys supplied,

& General Commission Agents,

Also Waterat shortest Notice.

Hongkong, and January, 1901,

39, Des Vaux Road, Hiking

4th Edition

sised.

Jails. NIPPON YUSEN KAISHA. (THE JAPAN MAIL STEAMSHIP COMPANY.)

PROJECTED SAILINGS FROM HONGKONG, SUBJECT TO ALTERATION,

STEAMERS. KAWACH MARU ............................ Į J. S. Thompson... HAKATA MARUT

YAMAGUCHI MAKU.

F. L. Sommer

S. Yoshizawa TOSA MANU.............

A. Christiansen ..... KASUGA MARU ........................

Il. Fraser

BINGO MARU...

F. Davies..... KAGOSHIMA MARU

K. Kuri HIROSHIMA MARU

KAGA MARI*

DESTINATIONS.

(MARSEILLES, LONDON &'ANT-)

WERP, VIA Singapore; PENANG, SATURDAY Toth January,at

COLOMUO and PORT SAID

SAILING 'DATES, DE

Daylight.

Daylight

NAGASAKI, KOBE and YOKO-7 TUESDAY, 13th January, a

HAMA

KOBE and YOKOHAMA...........errasse

TUESDAY, 13th January, at

Noon.

VICTORIA, B.C. and SEATTLE,) TukSDAY, 13th January, it

U.S.A., VIA SHANGHAI, MOJI, KODE APM. anal YOKOHAMA .....

HAMA

Noon.

(NAGASAKI, KOBE and YOKO-Ž. FRIDAY, 23rd January, at SATURDAY, 24th Jan., at

Daylight

(MARSEILLES, LONDON & ANT- WERP, VIA SINGAPORE, PENANG, COLOMBO and PORT SAID ......... KOBE and YOKOHAMA.........

BOMBAY, VIA SINGAPORE and 1 COLOMBO

(VICTORIA, BC, and SEATTLE,

SUNDAY, 25th January, at

Noon.

TUESDAY, 27th January, ot

Noon.

4 P.M.'

T. W. Ekstrand...

U.S.A., VIA SHANGHAL, MOJI TUESDAY, 27th January, 21 KORE and YOKOHAMA Through Passenger Tickets issued for the Principal Citres in the United States, Canada Round-the World Tickets also issued. Between Moji and Kobe, ist and 2nd Class Through and Europe in connection with the GREAT NORTHERN RAILWAY and Alantic Stesters. Passengers have the Option of Travelling by the Sanya Railway.

For further information as to Freight, Passage, Sailings, &c, upply at the Company's Local Branch Office in Prince's Building, 1st Floor, Chater. Road.

Hunghong, oth January, từng COMPAGNIE DES MESSAGERISS MARITIMES.

PAQUENOTS-L'OSTE FRANCAIS.

NOTICE,

STEAM FOK coLOMBO, PONDICHERRY, MADRAS, SAIGON, SINGAPORE, BATAVIA,

CALCUTTA, DJIBOUTI, EGYPT, MARSEILLES, MEDITERRANEAN

AND BLACK SEA PORTS, LONDON,

HAVRE, BORDEAUX;

ALSO PORTS OF BRAZIL AND RIVER PLATE,

MONDAY, the rath January, 1903

O the Company's Steamship "LAOS." Captain Flandin, with Mails, Passengers, Specie and Cigo, will leave this Pon for MARSEILLES, via Parts of Call, WITHOUT TRANSHIPMENT.

Cargo and Specie will be registered for Lon don as well as for Marseilles, and accepted in Langit through Marseilles for the principal places of Europe.

Shipping Orders will be granted till Noon, Cargo will be received a hoard until 4 PM Specie and Parcels until 3 P.M., on the trth January. (Parcela are not to be sent on board they must be left at the Agency's Office.) Con tools and Value of Packages are required.

For further Particulars, apply at the Cem

pany's Office.

G. DE CHAMPEAUX, Agent. Hongkong, 30th December, 1902.

[104

NORTHERN PACIFIC STEAMSHIP COMPANY,

BOSTON STEAMSHIP COMPANY.

BOSTON TOW-BOAT COMPANY.

VIA

PROPOSED SAILINGS FROM HONGKONG,

SHANGHAI, INLAND SEA OF JAPAN,- KOBE AND YOKOHAMA, FOR VICTORIA, B.C. AND TACOMA, IN CONNECTION WITH NORTHERN PACIFIC RAILWAY COMPANY.

Stearners.

A. S. MIHARA,

THE PENINSULAR AND ORIENTAL STEAM NAVIGATION COMPANY, STEAM FOR STRAITS, CEYLON, AUSTRALIA, INDIA, ADEN, EGYPT, MEDITERRANEAN: PORTS, PLYMOUTH AND LONDON. Thugh fills of Lading insued for BATAVIA PERBLAN GULY, CONTINENTAL, AMERI CAN and SOUTH AFRICÁN FÖRTS.)' HE Steamship

T

Captain F. Summers, carrying His Majesiva "BALLAARAT," Mails, will be despatched from this – for BOMBAY, on SATURDAY, the 17th instant, at Noon, taking Passengers and Curan for the above Forts

Silk and Valuables, all Cargo for France. and Tex for London (under arrangenient) will ho transhipped at Colombo into a steamer proceeding direct to Marseilles and Londen other Carga for Loudon, &c., will be conveyed. vid Bombay with Transhipment.

Parcels will be received at this Office until 4 AM. the day before sailing. The Contents and value of all Packages are required.

Shippers are particularly requested to neta,

he terms and conditions of the Company's Bills of Lading.

For further Particulars, apply tu

E, A. HEWETT,

Superintendent Hongkono, 3rd January, 1973.

41

To be Let.

HAYTOR

TO LET.

at the PEAK."

THE RETREAT MOUNT KELLETT. HOUSES in LEIGHTON HILL ROAD, FLATS in MORETON TERRACE, CAUSE=" WAY HAY, facing the Polo Ground. No. 1, RIPON TERRACE.. GODOWNS at BOWRINGTON, Prays Fast. GROUND, FLOOR of No. 4. BLUE-

BUILDINGS.

Captains Tons, 1902-03 | Apply to

Olympia ......}. Truebridgn.......)- 2,837 lan. 17 Pleiades...F. G. Purington 3,753 Jan

24

Steamers marked (*) have a passengiz accommodation,

The attention of passengers is directed to the very cheap rates offered by this line to the Parific Coast and to the Interior and Eastern Cities of the United States and to Europe,

Special rates allowed to members of Govern. ment Services.

Through Bills of Lading lasued to Pacific Coast Points and to the Principal Cities in the United States and Canada.

For further Information as to Freight or Passage, apply to

DODWELL, & CO., LIMITED, General Agents. Hongkong, 23rd December, 1903,

THE HONGKONG LAND INVEST- MENT & AGENCY CO., LD.

· Hongkong, and January, 1903...

TO LET.

Two SPACIOUS GOOOWNS-Nos, 95

and 96, PRAYA EAST. TWO ROOMS above NEW.

HOTEL

Apply to--

H. N.

Vic

Hongkong, 4th December, t

TO LETKU

EVERAL NEWLY BUILT ES

HOUSES in LEIGHTON HILL ROB Apply to

S

THE HONGKONG & KOWLOON LAND & LOAN CO, LD. 1874d No. 8, Queen's Road West, M

Hongkong, 20th October, oz.

F. BLACKHEAD & CO., SHIP CHANDLERS, SAILMAKERS, COAL AND PROVISION MER- CHANTS, NAVAL CONTRACTOR AND GENERAL COMMISSION AGENTS, TRAYA CENTRAL HONGKONG, SOAP MANUFACTURIAS:

SOLE AGENTS FOR JARTMANN'S RAHTJEN'S GENUINI

HARTINOSITION RED HAND

BRAND, HARTMANN'S GREY PAINT

DAINLER'S PATENT MOTOR: "

LAUNCHES,

Solo Agente far FERGUSON'S SPECI L CREAM Hind

P. & O. SPECIAL LIQUER SCOTCH WHISKY, &c

EVERY KIND OF SHIPS STORES AND REQUISITES ALWAYS IN STOCK REASONABLE PRICES Hongkong, sath May, 18gh, that

TO LET.

11040

M House near the Flagstaff from th EIRION No. 3, the Peak, 6-Room- October, 1903,

SANITARY SOFT

Apply to

E. JONES HUGHES Hongkong, 7th October, 1902,

NOTICE.

Trogad

THE BEST PREVENTIVE OF ALL INFECTIOUS DISEASES,

BOAP.

EYES FLUID

DIBLIFECTANT

AVOID ALL RISK OF OUTBREAK BY ITS USKA W. GHUMPHREYR & Co. Bank Balldings Hongkong, oth 14atch, illos,