•
TELEGRAMS.
HONGKONG TELEGRAPH ".
SERVICE. RUSSIA CLIMBING DOWN. DECISION IN ST. PETERSBURG
FAVOURS PEACE.
(From Our Own Correspondent.)
THE HONGKONG TELEGRAPH, THURSDAY, JANUARY 21, 1904.
THE WORLD'S CONSUMPTION OF SILVER.
DURING THE NIne years 1893-1901,
kilograms or 1,60,500 ounces, and, even if, in this mentorandum, the industrial employment of Silver in Asin happens to be duplicated under other sections, the aggregate industrial consumption will probably be understated, For there is good reason to believe that the figures of the United States Mint Bureau are, in this case, several million ounces below the amount actually used in the countries named.
That all the Silver produced from the mines has been used in one way or another is evident from the mere absenc of accumulated stocks awaiting sale in any of the world's great mar. kets. But the question of how the metal has
III, NET IMPORTS INTO INDIA. been distributed has not, to my knowledge,
The following figures are all taken from the been worked out in any detail; and this memo-Financial and Commercial Statisics of Bri. LONDON, 20th January,
randum is an attempt to bring together suchtish India," and off cial Report dated Calcu'ta, 6.40 p.m.
facts as can be gathered from official statistics. July 31st, 1902.
I have selected 1893 as a starting point be The Berlin correspondent of the
cause the closing of the Indian Mints to the Pall Mall Guzette writes as follows: free coinage of Silver made that year an epoch "I am in a position to state posi- in the history of the metal A new situation was then created for Silver, which has not tively that the Far Eastern question,
changed for the better during the period. which has been decided in favour of
The available figures for the consumption of the maintenance of peace, now only Silver fall naturally under five headings: (1) awaits the form of Russia's declara-Coinage. (2) Industrial Uses. (3) Net Imports into India. (4) Net Imports into the Treaty tion.
Ports of China, and (5) Absorption by the Far "It has been decided at St. Peters-East generally. By this last, I mean the burg that the wishes of Japan be Chinete Empire, outside of the Treaty Ports met in such a sense as to thoroughly secure peace."
[Reuter's.)
The Flood at Bloemfontein.
LONDON, 19th January.
One hundred and seventy-six houses were 'destroyed at Bloemfontein and twenty-five people drowned by the recent food. The heavy rain burst the reservoir.
German S. W. Africa. A supplementary estimate of mks. 1,500,000 will be submitted to the Reich stag for South West Africa.
[A communication, received from Johannes- burg, serves to show the disciplined manner in which the German department of trade is seek ing to secure the South African business. There are now four inquiry centres in the sub-con- tinent, each of which has paced upon it the daty of securing information as to the special requirements of the area to which its operations are confined. It has to submit the information it secures, which will inchule some idea as to the varying necessities of districts, in the head- quarters at Capetown. Thence it will be de spatched to Berlin, where it will be circulated to the German manufacturers, with comments- at least, this is what is understood in fohannes- burg. The organisation is already in operation, the agents working in each instance in bar-
Hongkong, Macao, French Indo-China, the Philippines, and the Straits Settlements with the Federated Malay States. But I exclude Japan. Siam, and the Dutch East Indian possessions as the figures for these will have already been given under the heading of "Coinage". It is obvion that this classifica- tion is not exhaustive, but I believe it will enable us to gange pretty, closely the relative importance of the principal outlets for the employment of Silver,
It should be unted that all Indian statistics are compiled for the financial year i nding on March 31st, but, for convenience in some cases, the figures for ech financial twelve-month have hern tabulated under the preceding
calendar year.
L-COINAGE.
Through the cannesy of the Director of the United States Mint I have been furnished with detailed statistics of total Silver coinage, for some years back, as published, together with particulars of the quantities of Silver re-coined during the same years, so far as reported to his Bureau, details which are not ordinarily pubished.
After tabulating these figures for each counny, year by year, I am able to give the
following:
FUMMARY OF NEW SILVER COINAGE FOR
THE PERIOD.
mony with the German-Consular-machinery 1-----1833 ------ and no other Power, it is to be observed, has adopted the same disciplined system.]
Cricket.
In the third test match at Adelaide, in the
first innings, Australia made 388 and Eng-
land 245.
Russia and Japan.
LATER The Times understands that the Japanese note plainly intimates that it is the last Japan will address to Russia, and announces that she will only wait a reasonable time before taking steps necessary to safeguard her in- terests. The Bote invites Russia to formally recognise the Chinese sovereignty of Man. churia and signifies Japan's inability to accept the conditions which Russia desires to place upon the strategic measures which Japan proposes to take in Corca. It also declines to entertain the idea of a neutral zone iu Corea.
(Japanese Exchanges.) More Argentine Cruisers Purchased.
London, roth January. Japan has purchased the four remaining Argentine cruisers. They are of the same type as the Karuga, which the German Emperor recently declared to be the world's best vessels of its class. Mainichi,
The Situation in Korea,
Seoul, roth Janitary.. The Russian troops, who have arrived at Seoul, are dressed as marines; but they ne believed to be troops from Port Arthur.
Twenty more Russian soldiers are expected to arrive here hom Clemulpo by train to morrow. Another batch of 170 men is expected on the following day. It is reported that the Russian authorities have decided to import as many troops as may be brought up by the Japanese.
The French cruiser.Chateau Remalt, is ex- pected to arrive at Chemulpo to-morrow. It is believed that marines will be landed.Asahi.
Seoul, 11th January.
The Cabinet Meeting held the night before last considered the opening of Ryougan. ·
It is reported that the Korean Government
8yayasan Fine Ounces 71,334,09 86,489,334
...161,417,76:
1894
1895
1896
14
197
...118 686,167
*
1898 ...
... 95,320,757
1899
... 97.490,951
14
1900 ...
.107.447,253
11
T.. 88,671,817
*1
...857,373,669
1991...
Aggregate
13
857
Say, 857 Millions Fine Ounces,
Millons Fine Ounces.
Fay...... From these figures, the following deductions must be made for countries dealt with under subsequent headings :--
...
148
(3) Total new coinage of Mexican dollars during the period...
Less anunt retained for circulation in Mexico is elf, which, I an informed, may be safely estimated at an annual average of four millions.
ources ...
36
162
(For 9 years) (b) Toral new coinage of British
India during the period
(e) Total Indian coinage of "British
Dollars," from 1895 (when they were first coined) to the end of
443
1001 JI
Total new coinage during the period
for Europe, North and South America Africa, Japan, Siam, and Dutch East Indian posses.
sion
IL-INDUSTRIAL USES.
122
377
480
The following estimates of the amount of Silver used in the world for Industrial purposes since 1894, are taken from the United States Mint Reports. The figures for 1893 are my
own estimate.
600.com kilograms. 645,773
905 863
#
H
1893 ... 1894... 1895
By6...
... 928,301
1897 ... 1898 1849
972,945
... 1,089,353
11
190...... 1901..
...1,275,037 ...1,277,146 11 ...1,370,685
20
Aggregate...\.-9155,108
al 32.15 ounces troy per kilogram
294,336,497 Fine Ounces.
It is interesting to note that, during the nine years fallowing the closing of the Indian Hints to free coinage, the net imports of Silver averaged 3400,000 ounces. This is almost identical with the annual average for the fifteen years 1855-1869, when India with open Mints and a supes worth about two shillings was receiving from Europe the Silver displaced by the new gold from California and Australia. On the other hand, during the twenty-three years 1870-1897, after the great
German and French demonetizations of Silver,
but with Minis sill open, the average annual
nine million ounces a year less than they have nel imports were roly 25,303,020 ounces, or
been since the stoppage of free coinage.
NET IMPORTS OF SILVER INTO INDIA.
... 54,329,000 ounces '27,940 000 11
... 25.9.9,000 #
... 24,285,000
11
... 23,165,000 11
18,040,000 17
|
Macao... (4) The Philippines (5) French Indo-China, and (6) The Straits Settlements with the Federated Malay States.
In all of these regions Mexican Dollars are current; while British Dollars are legal tender only in Hongkong and the Straits Settlements, although ever since the troubles of reco, these coins are known to be circulating widely in
North China.
BELLIGERENT WAR-SHIPS IN
NEOTRAL PORTS...
BRITISH REGULATIONS.
With regard to the question of belligerent war-ships in neutral ports, which has recently been discussed, it may be interesting to quote the rules laid down by the British authorities
Co-day's Avbertisements.
There are no statistics of ́the regional dis. I during the Spanish-American War, which will Military Authorities that, GUN PRAC
tribution of Dollars, Mexican and British, through the Far East. It is, however, perfectly since 1895, were absorbed by one or the other well known that all the Mexican Dollars coined
of the countries here enumerated.
The following figures will, therefore, be the nearest statistical approximation to the act import of silver into this part of the world,
the nine years was 148 million fins ounces, Mexican Dollars.-The total coinage for
and deducting (as stated in the first section) there would have been an Asialic absorption 36 million ounce retained for use in Mexico,
of 112,000,000 DZS.
ported in the "Financial &
British Dollars.-The total coinage, as re- Commercial
Statistics of British India," Calcutta, 1902, is as follows-only values in Rupees are given:
1895-6 1896 7 1897-8 1898-9 ... 1899-1900 1,00-01
1931-03
M
241
"
Aggregate ...
1893-4
1894-5
1895.6
116
... 27,018,000
1894-7
1897-8
1898.9
1899-19:0...
1900.I
... 49.435.000
11
1901-2
*** ... 39,005,000
11
11
Aggregate 308,852,000 ounces
...Rs. 75,000:0
1,39,00,000 4,83,00,000
4 80,00,000 6,98,00,000 2,15,00,000 6,17,00,000
...Rs. 27,16,00,000
ounces.
Taking Silver at an average of 1.90 Rupees per ounce, which seems to have beeo about its rate for official statistics, this value From the official returns of trade, fately | would represent about
... 143,0:0,000 received in London, I find that net impons for Making, total absorption of silver by the Far East Generally to have
been
the last financial year, ending March 3151, 1903, were 43,174,000 ounces.
IV-NET IMPORTS INTO TREATY PORTS OF CHINA.
How much Silver is actually absorbed by the Chinese Empire is a question which cannot be answered by official statistics. The annual from which I have compiled the following reports of the Imperial Maritime Castams,
figures, are admirable and complete as far as they go. But they deal only with the com
merce of the Treaty Ports, and take no cognizance of the traffic across the Northern, Western and Southern frontier lines from Manchuria to India and Tongking. Neither are there any figures for the important junk trade to and from the innumerable points on The coast which are not controlled by the Foreign Inspectorate of Customs.
During the period of nine years under review the aggregate in merchandize at the Treaty Ports was follows:-
Haikan Taels.
Fotal Imports merchandize- value
at moment of landing ... 1,016,784,000 Total Exports merchandize-value
L
***
... 255,000,000
RECAPITULATION OF THE WORLD'S CONSUMPTION,
+44
Milliod Fine Ozs. 480
294
1. Coinage ... II. Industrial Uses III. Net Imports into India
For Indian Coinage... 22 Absorbed in other ways. 187
IV. Net Imporis into Treaty Ports of China Bars and Sycee ... V. Far East Generally Mexican
Dollars
300
114
[13
British Dollars 143
Aggregate World's Consumption of ilver 1893-1901
255
1,452
WORLD'S PRODUCTION OF SILVER The following statistics are taken from the United States Mint Report, save the figures for 1901, which were copied from the New York "Financial Chronicle" for January 31st,
at moment of shipment......,$25,448,000 | 1993 |~* Excess of imports merchandize... 91,336,000 Annual Production. This was partially compensated by
1893
1891
a net Export of Gold, valued at 64,229,000 Still leaving an apparent excess of
1855
Imports of
27,107,000 On the other hand, there was a fel import of the Treaty Ports of 92,578,000, Haikwan Taels, which, at 1.23 fine ounces per Haikwas Tael, is equivalent to 113,871,000 Fine Ounces.
How far this ainouat represents returns in specie for merchandize exported otherwise than through Treaty l'orts, or money brought back by Chinese returning from abroad, or how far it may be the proceeds of foreign loans contracted by China, are matters beyond the scope of the present paper. But here lies the crux of the important question of how great is the actual net trade balance, adverse to China.
However this may be, it only needs an analysis of the statistics of silver imports, to show how inadequate and misleading the above figures are, as they stand,
The Total net Imports of Bar Silver and Sycee for the nine years, were
During the four years 1893.
1896 there was a lutal net Export of Dollars of...
Haiwan Taels.
...25,237,000
While for the five years 1897-1901, there was a Det Export of Dollars of...
...25.533,000
Showing an apparent net
Export of Dollars dur
ing the nine years of... Leaving Net Imports of
+
9,874,000
205,000
Silver...
92,578,020 Now, to anyone at all familiar with the course of events, it is manifestly absurd that the movements of Dollars during the period
To show the relative importance of different | under review could have resulted in anything
دولاء
Kilograms. 5,148,000 *** 5,121,003 5,263,000 4,883,000
... 4,990,000 5,238,000
1897
1848
14
... 5,212,000 $1376,000 $1443,000
1899 19:0 1901
Aggregate...
...46,696,000
A: 32.15 ounces troy per kilogram-Fine Ounces 1,501,276,000.
It appears, however, that for at least each of the five years 1897-1901, there has been a duplication of some six millions ounces in the United States Mint statistics of production. Deducting, therefore, 30 million ounces from the above aggregate, we have a total produc tion of some 1,471 million ounces, against a total consumption as above of 1,452,000,000 Ounces. This leaves only about one per cent. of the output unaccounted for.
FRANCIS B. FORBES.
CANTON NOTES.
(From Our Own Correspondent,)
CANTON, 20th January.
A GUARD HOUSE ROBBED. Near the East Gate of the city there is a guard house in which zo soldiers have their headquarters. Two nights ago as the min on guard was beating the watch a man approached and asked for a light for his pipe. When the soldier offered him his lantern to get a light he was seized and five other men surrounded him. He was told to make no noise and the robbers stole all the guns and clothes from the guard
one room huddled together for the north wind had begun to blow and they were cold. After the guns and clothes had been secured the robbers marched the captured soldier some dis tance into the city and then released him.
have decided to open Kuianpo or Shokopo, counties in thei: industrial use of Silver, I add but a considerable net import into China. The house. The other nineteen soldiers were in which are located below Ryong-an, but it is more probable that Ye Yang-yık and Ye Kon-detais of the consumption for 1901, also from tak, leaders of the pro- Russian party, will information supplied by the United States prevent any such action being taken.
A treaty with reference to whaling is to be signed by Mr. Hashi and Ye Shi-yo, Corean Foreign Misister, to-day. The treaty will grant privileges to Mr. i ka Juro, a Japanese subject, equal to those enjoyed by Russians. The term of the treaty is said to be twelve years.
Mr. Okabe, consular officer at Wiju, pro- ceeded to Antung on the 8th to observe the Russian movements there. He found that
two hundred Russian soldiers, with three guns, are stationed at Antung, but they did not seen to be taking any active measures. It is how ever believed that the bulk of the Russians are concentrated at Llaoyang..
Mr, Colbran has been appointed corespon- dent here of the New York Herald. Mr. Harburt has established a news agency in co-operation with some japanesc in Seoul.
Leading officials are holding secret meetings and a movement to dislodge Ye Yong-yik and Ye Kon-tak, the pro-Russian leaders, is afoot,
Mint Bureau,
***
The
*** *** 441
14
***
70,000 45,431 21,000 20,000
LAUNCH FIRED UPON.
The launch which does service between Yeung Kong and Canton was attacked by pitates three days ago when it was in the neighbourhood of Kong Mun,
THE VICEROY.
It is difficult to tell what the Viceroy intends to do. He has notified the district magistrates to collect money in all their districts and for- ward to him immediately as he (the Viceroy)
·tatistical Secretary of the Maritime Customs, in his anual summaries, has more than once emphasized the fact that much of the Silver INDUSTRIAL USE OF SILVER IN 1931. exported from Treaty Ports to Hongkong un- kilograms doubtedly finds its way back to the mainland United States of America... Great Britain...
339 714 through ports outside of the Inspector General's 275,723 France ...
189.600 jurifdiction. Moreover, in his review for the Germany
150,000 year 1900, it is expressly stated that the pub- Russia and Finland
116,670 lished 6gures of Silver Imports must not be taken Switzerland
even as an approximation to the fact. One of Austria-Hungary Italy
the reasons given was, the very large amounts Belgium ...
of dollars had been brought in by the various 12,415 foreign expeditions operating in the North, the Netherlands den Portugal...
9,500 Military Authorities having naturally rendered 6,000 Egypt
no accounts to the Customs. This warding 5,034 Central America, Paraguay, alvador
was needed, as a compilation of the Silver intends soon to go to Kwangsi to attempt the
Other countries
statistics of each port shows that in 1900, with suppression of the rebellion. In Canton the net imports of Bars and Sycee valued at ruinour is that the Viceroy is collecting money 1,370,685 | 15 706,000 Naikwan Taels, there was a net
to be forwarded to Peking in view of the export of dollars equal to 164,000 Haikwan troubles in the north. It is not believed in Canton that the Viceroy will go to Kwangsi in person though he may send some high officer. It is said that the Viceroy is very much afraid that be will be assassinated. He fears poison Under this heading are included (1) China, while in Cantea and is afraid of being shot if he other than Treaty Forts, (3) Hongkong. (3) | Isaves the city,
...
་་་
**
**
209
50,000
Aggregate A1 32.15 ounces troy per? 44,067,523 Fine
kilogram.............................). Ounces.
It will be remarked that no Asiatic nations
appear in the above list, and it is, therefore, pos- sible that they have been estimated under the heading of"Other Countries. The total for "Other Countries" is, however, only 50,000
Taels!
This question will be further discussed in the following section,
V.--FAR EAST GENERALLY.
Hongkong:- have some bearing on British procedure at
Rule 1-During the continuance of the belligerent are prohibited from making use ofany present state of war all ships of wat of either
port or roadstead in the United Kingdom, the Isle of Man, or the Channel Islands, or of any of Her Majesty's Colonies or foreign posses sions or dependencies, or of any waters subject to the territorial jurisdiction of the British Crown, as a station or place of resort for any warlike purpose, or for the purpose of obtaining ship of war of either belligerent shall hereafter any facilities for warlike equipment; and no
be permitted to leave such port, roadstead, or waters from which any vessel of the other belligerent (whether the same shall be a ship
of war or a merchant ship) shall have previous- ly departed until after the expiration of at least twenty-four hours from the departure of such last-mentioned vessel beyond the territorial jurisdiction of Her Majesty.
Rule 2-If there is now in any such port, roadstead, or waters subject to the territorial jurisdiction of the British Crown any ship of war of either belligerent, such ship shall leave such port, roadstead, or waters within such time, not less than twenty-four hours, as shall be reasonable, having regard to all the circumstances and the condition of such ship as 10 repairs, provisions, or things necessary for the subsistence of her crew; and if after the date hereof any ship of war of either belligerent shall enter any such port, roadstead, or waters subject to the territorial jurisdiction of the British Crown, such ship shall depart and put to sea within twenty-four hours after her entrance into any such port, roadstead, or waters, except in case of stress of weather, or of her requiring provisions or things necessary for the subsistence of her crew, or repairs; in either of such cases the authorities of the port, or the nearest port (as the case may be), shall require her to put to sea as soon as possible after the expiration of such period of twenty- four hours, without permitting her to take in any supplies beyond what may be necessary for her immediate use; and no such vessel which may
GOVERNMENT NOTIFICATION,
TNFORMATION has been received from the TICE will take place from Stonecutters Island (South Shore Battery) in a South-Westerly Direction at Ranges from 600 to 1,000 yards,
Entrance to Junk Bay at Ranges from 600 to on the 29th instant, and from Lyemun (Pak sha-wan Battery in the Direction of the 2,000 yards, on the 30th instant.
If the Weather is unfavourable on either of
above Dates, Practice will take place on the 1st February,
Practice will commence at 9 AM, on the 29th instant, and at 9.30 A.M. on the 30th instant, and end at 11 A.M. Daily, if the Range is clear.
By Command,
A. M. THOMSON, Acting Colonial Secretary. Colonial Secretary's Office,
Hongkong, 21st January, 1904.,
Less
WANTED.
BY THE NEW AMOY DOCK CON LINGER D AMOY, AN ASSISTANT Terms to be stated in the Application, which must be accompanied by Qualifications, &c. and addressed to
B. HEMPEL,
General Manager, Amoy, 19th January (37)
[156
NOTICE.
ADMINISTRATOR C/ the TERRITORY of FFERS will be received by the CHIEF KWAKG-CHOW WAN" until FEBRUARY 12TH, 1904, inclusively, for the granting of the FARM of IMPORTED OPIÚM and also of the SALE of RAW and PREPARED OPIUM, on the TERRITORY of KWANG-CHOW-WAN, from FEBRUARY 20TH, 1904, until FEBRUARY 19TH, 1905, inclusively.
TENDERS may be sent through the Post Office or vid Cable to KWANG-CHOW-WAN, addressed to the "ADMINISTRATEUR-EN- CHEF." The PROVISIONAL BOND is fixed at ONE THOUSAND DOLLARS.
10 A.M. to I P.M.
The Conditions may be read by all concerned at the CHANCERY of the FRENCH CONSULATE in Hongkong any Day from the Present from
CONSULAT DE FRANCE. Hongkong, 21st January, 1904.
[157
FOR SINGAPORE, PENANG AND
HE Steamship
CALCUTTA.
have been allowed to remain within British T waters for the purpose of repair shall continue in any such port, roadstead, or waters for a longer period than twenty-four hours after her neces- sary repairs shall have been completed. Pro- vided, nevertheless, that in all cases in which there shall be any vessels (whether ship of war or merchant ship) of both the said belligerent parties in the same port, roadstead, or waters Her within the territorial jurisdiction of Majesty, there shall be an interval of not less than twenty-four hours between the departure UNFURNISHED, BARKER ROAD. therefrom of any such vessel (whether a ship of war or merchant ship) of the one belligerent and the subsequent departure therefrom of any ship of war of the other belligerent, and the ime hereby limited for the departure of such ships of war respectively shall always; in case of necessity, be extended so far as may be re- quisite for giving effect to this proviso, but no further or otherwise.
"LIGHTNING," Captain J. G. Spence, will be despatched for the above Ports, on TUESDAY, the 16th instant, at 3 P.M.
For Freight or Passage, apply to
DAVID SASSOON & CO., LIMITED,
Agents. Hongkong, 21st January, 1904.
TO LET. "CROWSNEST"-FULLY FURNISHED OF
Rule 3-No ship of war of either belligerent shall hereafter be permitted, while in any such port, roadstead, or waters subject to the ter ritorial jurisdiction of Her Majesty, to take in any supplies, except provisions and such other things as may be requisite for the subsistence of her crew, and except so much coal only as may be sufficient to carry such vessel to the nearest port of her own country or to some nearer destination; and no coal
shall again be supplied to any such ship of war
in the same or any other port, roadstead, or waters subject to the territorial jurisdiction of Her Majesty, without special permission, until after the expiration of three months from the time when such coal may have been last, sup plied to her within British waters as aforesaid.
Rule 4.-Armed ships of either belligerent are interdicted from carrying prizes made by them into the ports, harbours, roadsteads, or waters of the United Kingdom, the Isle of Man, the Channel Islands, or any of Her Majesty's Colonies or possessions abroad,
It will be seen from the above, observes the Kobe Chronicle, that under these regula. tions a Russian cruiser could not, as we feared might be the case, make repeated applications for coal at Singapore or Hongkong, as three months would have to elapse between one such application and another.
COMMERCIAL.
TO-DAY'S EXCHANGE.
Selling,
Loaden-Bank T.T...
Do.
Do.
demand
4 months' sight...... France-Bank T.T....... America-Bank T.T. Germany-Bank T.T.. India T.T.
Do. demand.. Shanghai-Bank T.T.. Japan-Bank T.T. Singapore-Bank T.T.. Java Bank T.T.
Buying.
4 months' sight L/C.... 6 months' sight L/C..
7/9 11/16
1/9 15/16
-2-261
..434
1.841
1337
***.134
.Nominal
.....891
.Nominal
.....108$
1/10 1/16 .1/10 3/16
30 days' sight San Francisco & New York 44 4 months' sight
de.
4st
30 days' sight Sydney and Melbourne 1/10 5/16
months' sight Francs
6 months' sight
4 months' sight Germany Bar Silver............
Bank of England rate
E
OPIUM QUOTATIONS.
.2.32
.1.881
Per chest 920/950 .@970/1,020
1,060/1,100 1,290
To-day's quotations are as follows:-
Malwa New,
Last Year Oldest.....
Benares New..... Pertian (Paper).........
Patna New
+
[149
CHEAPEST HOUSES IN THE COLONY.
MORRISON HILL GAPOAD, Nice IVI Houses, 4 Rooms, Bath Roomis, Out. houses and Verandahs. Only $40 inclusive
of Taxes.
WILD DELL BUILDINGS, No. 147, WANCHAI ROAD. Comfortable and Airy Flats of 2 or 3 Rooms, from F25 inclusive of Taxes.
And others to suit various requirements.
S. A. SETH. Land and Estate Broker, Dairy Farm Co., Ltd.
[46
Hongkong, 21st January, 1904.
Intimation.
THE POPULAR
SCOTCH
IS
"BLACK&WHITE"
JAMES BUCHANAN & CO.
SCOTCH WHISKY DISTILLERS. ·
By Appointment to
H.M. THE KING
and
HRH the PRINCE of WALES
Supplied at all. the LEADING Clubs and HOTELS, and to be obtained from LANE, CRAWFORD & CO, Queen's Rond Osatrak goolge
© 1,290
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