1909-09-04 — Page 2

Hongkong Telegraph 港電新報 士蔑新聞 All

Mails.

THE HONGKONG TELEGRAPH SATURDAY SEPTEMBER

Intimations,

NORDDEUTSCHER LLOYD. THE YOKOHAMA DOCK CO., LTD.

BREMEN.

No. 1 DOCK.

Docking Length

No. 2 DOCK." | NO. 3 DOCK.

KIN(COURSEJOT CONSTRUCTION.) Docking Length......481 ft. Width of Entranco... 63' »

Water on Block................. 21:5

IMPERIAL GERMAN MAIL LINES.

515 ft.

Width of Entrance ... 80,

Water on Blocks ..............

Docking Length......376 ft. Width of Entrance... 50

Water on Blocks ...a6

Fox

NAPLES, GENOA ALGIERS,

GIBRALTAR, SOUTHAMPTON, ANTWERP and HAMBURG .............. SHANGHAI, NAGASAKI, KOBE)

and YOKURAMA serinnenen)

MANILA, YAP, 'NEWGUINEA,) MARVUN," BRISBANE, 'SYC- | NEY & MELBOURNE .........

KUDAT and SANDAKAN................

BULOW

STHAMBRE

Capt. F. Proscheme.

TO SAIL

WEDNESDAY,

8th Sept., Noon.

"PRINZ Eizel FRIEDRICH"Į About WEDNESDAY,

5th September. Capt. E. Malchow

** PRINE WALDEMAR " ... Gapt, F, Isaka, cavimamse

FRIDAY,

4 1000

CHINA AS A FIALD FOR

·DORBIGN CAPITAL.

The amount of reserves set apart by the banks above quoted this year shows a decrease in the care of the 15th, 30th, 100th, Mitso), Kuwa--- yaki, and Tokai, while the rats of dividend Yang Kwai, the Chinese diplomat who ac shows a falling-off in the case of the 20th, companiad Special Envoy Tang Shady and tooth, and Yasuda, and an increase in 10,pect Prince Tsal Foto America as secretary, re of the, Mitsui, asth, Teikoku Shogro, and turned to San Francisco yesterday, on his way Tayokuni banks. Generally speaking, it will to Chinn, says the San Francisco Chronicle of be observed that these Tokyo banks have August 4. He was left behlad in Washington somewhat failed to come up to the level of inst by the special embassy to settle some bills, and

year as regards reserves and rate of dividend, he goes back now to his post in the Foreign though, judging from the result for the half- Ofee. Yung Kwai is enthusiastic over the year, the prevailing slackness of the moody possibilities for capital in Chian, and he ex-market does not seem to have visibly interfer- prosson surprise that the wealthy men of the ad with their business. Pacific Coast have appeared 'so indifferent to their opportunities.

the business of China very seriously," be re- marked at the St. Francis yesterday afternoon. Out here, however, It seems that there is no

albilities of China.

The Tokyo Asahi, writing on the :säma sobi.

`HESK DOCKS are conrensently situated in Yokokama harbour and the attention of adequate realization of the resources and pass that the reservai elsa showed na increase by

TH

Captains and Moglasers is respectfully called to the advaningas offered for. Docking and repairing Vassals and Machinery of avary descriptiön.

The plant and tosin are of recent pastars for dealing quickly and cheaply with work and a large stock of material is always at Band, (plates and angles all being tested by Lloyda' surveyors).

Two powerful Twin Screw Towboats are avaliable for taking Vassele in or out of Joth Sept., Daylight. Dock, and for taking Sailing Vessels in or out of the bay, The Boating derrick is capable

of lifting 40 tons.

· BORNEO * ............................................ – Middle of September. {Dapt. F. Sembil

For further. Particulars; apply to

1

NORDDEUTSCHER LLOYD,

Hongkong, 3rd September, 1909.

́MELCHERS & CO.,

GENERAL AGENTS, HONGKONG & CHINA.

MESSAGERIES MARITIMES.

FRENCH MAIL LINES.

Steam Leanches of Deal, or Wood, Lighters, Stool Buildings and Roofs, Bridge Work, and all kinds ́of Machinery are made on the premises,

Tanders will be mada ny when required and the workmanship and material will be guaranteed.

"Why, the Eastern capitalists are going afterject, remarks that the total amount of deposita at the associated banks in Tokyo, Yokohama, Nagoya, Kyoto, Osaka, and Kobe at the end of June last showed an increase of 70-million yan on the corresponding period of last year and Y8,700,000. In short, the financial power of the banks in these cities Ene, grown by searly 80 million yas compared with last year, a in a syndicate which is backed by the Governmuch as the amount of loans, kas not only mout, and is anxious to lend money to China failed to advance, but has actually shows a on its bonds for railroad construction. I. Pier diminution of Y1,500,000. The question na pont Morgan is one of the loaders of this moya.

New York capital, representing over half the total capital of the country, has combined

ment, although he sold out his railroad interests in China about five years ago. But he is very

enthusiastic now.

"Willard Straight, former American Cons

Mukden, bas entered the employ of the syndicate and is now on his way to take up his

permanent headquarters. The American Inter

national Banking Association has established

• branch in Peking to handle the business which it is expected will be done there, and i

to be established at Mukden and Hankow..

There is more money to be made in the

The cust of Docking, and repair work, will be found to compare favourably with that understood in the East that branches are about

of any port in the world.

"A large' mooring basia is available alongside our own works for mooring vessels whilst sailroad business in China now than in any ander repairs.

Telephone: Nos. 878, 508, or 681. Telegrams, **Dook, Yokohama," Codes A. B. 0. 4th and 5th Edt. Liebers, Scotts, A. 1, and Watkins.. Yokohama, April 19th, 1903-

To Let.

TO LET.

FORTNIGHTLY SERVICE TO and FROM EUROPE vis SUEZJUANALKING'S B from, about October, at

TO and FROM JAPAN vi■ BHANGHAI.

Fok

STEAMERS

CAPTAINS TO BAIL ON Sellier........ 13th Sept, P.M Riquier. 14th Sept 1/1 PM

..........ā7th Sept. P.M.-

SHANGHAI, KOBE, YOKOHAMA....OCEANIEN-

MARSEILLES, VIA PORTS

AUSTRALIEN

SHANGHAJ, KOBE, YOKOHAMA .....SIDNEY....................X

MARSEILLES, YIA PORTS POLYNESIEN Broc... 28th Bept, at. 1.2.M.

Tashipment on the Co.'s Steamers at Singapore for Batavia; at Colombo for Cuica, Bombay and Australia; af Port Bald for the Lavant, Constantinople and Black Sta

BUILDINGS, OFFICES facing

present in occupation of Mossse, Jardine, Matheson & Co., Led.

Apply.

THE HONGKONG LAND INVEST MENT & AGENCY CO., LD, Hongkong, 3rd June, 1909.

אן

TO LET.

(403

No. 6, DES VEUX ROAD CENTRAL, Offices and Godowo.

In No. 5, QUEEN'S ROAD CENTRAL,

Through Tickets to London via París trom £37.10 up to £71,10, - sö hoors' rallway from Victoria Building, Rooms suitable for Offices. Marsellias in London.

Interpreters meet' passengers at thyly arrival, in Mamalilan,

For further particular, apply to

Hongkong, 31st August, 1909,

P. de CHAMPMORIN,

ACENT,

QUEEN'S BUILDINGS.

MESSAGERIES CANTONAISES.

FRENCH LINE OF STEAMERS BETWEEN HONGKONG, CANTON AND

KOUANG-81.

5.S. PAOL BEAU," 1,900 tons, id kaots. “

[BS, "OHARLES-HARDOUIN," 1,900 tons, xa kaots.,

The speedlest, most luxuriously appointed and punctual steamers on ike'line Departure from Hongkong at 10 P.M. (Saterdays exceptad), Departure from Okatanjat gû15 F.M. (Sundays excepted),

The superb steamers carrying the French Mall are dited throughout with Risetric Light and Fans and were specially bafit for this trade. Excellent cuisies.

The Company's Own Wharf sour Wlog Lok Stres! and its barth in Canton opposite

Shamsen.

For further particulars, please apply to the COMPANY'S OFFICE at Shamsen, Canton,

or to their Agents

BARRETTO & 00,, Hongkong,

Hongkong, 9th October, 1908.

WILL

EYES

RIGHT!

N. LAZARUS, OPHTHALMIC OPTICIAN,

CORNER OF D'AGUILAR STREET AND QUEEN'S ROAD.

FILL test your nyss free of charge, and if they are wrong will put them right.

Zeusen Ground.

Ali kada of Ropalis, Spectacies for all vaquirsens Ask, or write, for Illustrated Booklet on "Defective;Bight,”---Erns."

LONDON,

'a, Joka' Street, Medfald Ków; WO.

Monghong, sh tếoch rool,

[04

* BALGUNTA,

ŠMANOMAI,

15. Bentlock Street)-

166, Manking]Road.

i

No. 9, PEDDER'S HILL, a Commodious Five-roomed Dwelling House with Servants Quarter, next to the Masonic Olgb ...

Apply to

DAVID SASSOON & CO,, LD, Hongkong, 6th August, 1909,

TO LET.

[58

OS. 51, 53, & 55, WONG-NEI-CHUNG

NROAD

Apply to

HONGKONG & KOWLOON LAND & LOAN CO., LTD.,

No. 8, Queen's Road West. Hongkong, 9th March, 1909.

TO LET.

[248

OFFICES And Oss Voeux Road FFICES, and ROOMS on the and Oestral (formerly occupied by Meters, Showan, Tomes & Co.),

O FIVE-ROOMED BUNGALOW, "The Garden Neak No. 84, Mount Gough, Prak. and Tennis.

Furalabad-Possession from 1st October

Apply to--

next.

-THE COMPRADORE DEPARTMENT,

E. D. Sasson & Co. -

Queen's Road Central Hoogkong, 25th August, 1909.

TO LET.

[188

& MORRISON HILL, also

Apply to

NOFFICES A NO. 3 PERDER STREET.

(408

Mustts, JARDINE, MATHESON

& Co., LTD. Hongkong, agth May, 1909. -

TO LET.

EFICES, No. 2, CONNAUGHT ROAD,

3rd Floor,

No. 5 CLIFTON GARDENS, CONDUIT

ROAD,

-A HOUSE in WONG-NEI-CHOne Road.

A HOUSE in Revon TerrÁCE. OFFICES 'l» YORK BUILDING. GODOWNS in PRAYA TAST, BLUE

BUILDINGS, and No. 168, DEI Vat ROAD next to the Hongkong Hotel, FLATS in MORETON TERRACE. Ko. 10, DES VŒUX ROAD CENTRAL'

1st Floor.

Apply to

THE HONGKONG land invest

· MENT & AGENCY 00, LD. Hongkong, 1st June, rocg

TO LET.

GODOWN NG IA, DUBBELL STREET,

Apply to-

THE HONGKONG LAND INVEST MENT & AGENOY CO., LD. Hongkong/1st TR06, 1000.

146

other. The returns are immediate. The con-

ditions prevailing are the reverse of those which have confronted any other railroad pioneer in history. Heretofore new railroads have penetrated uobroken country, and the railroads have been forced to take people with them to make business. It has been a work of development, the railroads being the advance quard of civilization.

F. BLACKHEAD & Co., "But in Chiss the antithesis exists. The

SHIP-CHANDLERS, SAILMAKERS,

COAL AND PROVISION MER.· "CHANTS, NAVAL-CONTRACTORS-

AND GENERAL COMMISSON

AGENTS,

Ground FLOOR, ST. GEORGE'S BUILDING. HONGKONG, SOAP AND SODA MANUFACTURERS.

SOLE AGENTS for HCOMPOSITION RBD

ARTMANN'S RAHTJEN'S GENUINE HAND

DAIMLER'S PATENT MOTOR BRAND, HARTMANN'S GREY PAINT

LAUNCHES, &c.

ko.

--Bola Aganis. for *FERGUSON'S SPROIAL ORFAM

and

PR. O, SPECIAL LIQUER SCOTON WHISKY, &c.

EVERY KIND OF SHIP'S STORES ÅND REQUISITES ALWAYS IN STOCK

REASONABLE PRICES

AT

cities, the farms, the people, are all thero, Awaiting the railroads. All that is necessary for business in the railroad to handle it. A railroad in China is a succcess from the jump and zo per cent, or better,

"China wante American commerce, and the United States can have it by going after it Catalogues and drummers don't do much good. Resident agents are what the American pro- ducars want in China. We want manufactured products-heat, flour, cotton goods, railroad machinery. The time may come when China will ship manufactured articles to America, | perhaps these very things, but that, time in quite remote, and there is a present market which is well worth getting."

Yong Kwai ina graduste of Yale, and hat been a resident of this country for many years. He was secretary of the Chinese Legation at Washington from 1889 to 1893, and in 1897 and 1898. At onetime he was a newspaper man in New York. His wife is an Amarican wo

man.

4

BANKS IN JAPAN,

BUSINESS RESULTS FOR HALF YEAR.

In view of the extraordinary stagnation in the money market that has been prevailing since the beginning of the year, and the enormous amount of capital that has been [accumulated in the vaults of all the banks, it is of interest to know the business results of the various banking houses for the Arst six months of the year. The following figures, showing the net profits of the leading Tokyo banks daring the period, are published :-

TYPEWRITERS

FOR

HIRE.

REPAIR

IS OUR

SPECIALITY.

DRAGON CYCLE

DEPOT,

38-35, Des Von Road, Central,

Hongkong

Banks Dai-ichi Dai-san..... 15th

10th

84th........ zooth...

Mitsu Hishi Mitabi

Ist Half. 1st Hall.

1000.

1908, Y969.00n Y959,600

335,600 299,000 1,595,800* 2,557,800*

70,700 90,100

+

65,500 37,800 361,100 357,000 358,600 $57,800 1,220,000 1,435,800 188,000 Yasuda ............ 279,300 Kawasaki

105,200 115,000 Teikoku Shogyo. 129,200 100,300 Tokai....

Nakal

111,000 113,200

$8,700 61,600

· Tokyo .......... 119,300 118,200

Meiji............... 91,700 90,000

Teiza.........

Toyokuni

Murait

34,700 34,800 122,700

103,000 64,600 73.200

* The wide diference between the profits for this and last years of the 15th. Bank is accounted for by the greatly. enhanced valuation that was last year pat on Japan Raliway bands held by the bark.

It will be noted from the above bat although the net profits of some of the banks of lesser Importance showed some failing-off as spalast last year, the busirait results of the Tokyo banks for the Best six months way, on the whole, be regarded as satisfactory. Turbiog'lo the reserves and the rate of dividend, we find the following @gures (~~-

1904

Raave

кров

· Dai-ichi ..............Y400,000 ¥400,000 TO 10 Dai-san 170,000 130,000 12 10 15th:

400,000 1,690,000 12....... 9.

· 10,000-- 10,000 79 +84 19

8,000 5,000 09 50,000 1,047,000 28 10

20th

footh 2014 Mitsul.Bishi.. Mitsu Bliži Yasuda..... 300,000

Kawasaki 20,000 Teikoku ......

10,000 Tokai

10

10

→ $35,000 3 100,000 4 4

· Nakal mundus / 30,000.........-30,000.

Tokyo

Majjim

Tely

Toyokani ...

10,000

40,000 10 10

30,000

30,000......... 10.

10,000

10,000

8

1,000

50,000

3,000; 6 25,000

3

70,000/m

-

employing the increased capital amounting to rally arises as to how the banko kave been. 80 million fan. That the banks have been largely investing in State and other sacu. rities will be apparent from a perusal of their reports and accounts, Roughly, the investments in securities, by these banks have

at the same period last year. The remaining increased by go million you over the amount 30 millions seem to have been devoted to set- ling the overdrawn accounts with the Bank of,

Japan,

funds in their hands in the future, confidues With regard to the proftable employment of the Tokyo journal, the banken would seem to be much perplexed. No frosh demand for capital bas aprang up, neither in any likely to occur to a large extent for the present. On the contrary, there are factors tending to accentuate the inactivity of the market. Of the various" municipal loans, totalling 70 million yeo, cos. tracted for with British and French capitalists, about 30 millions have so far been remitted to Japan and the remainder will be transferred as soon as the terms of exchange are successfully negotiated. In such circumstances it is not surprising that the price of 5 per cent, bonds is rising and approaching par. The bankern must know the risky nature of investing so much in State securitias, the margin of profit on which is fast narrowing down. They are confronted with the necessity of finding a fresh way of pro Atably utilising the rapidly-growing funds, and this is generally conceded to be a most diffi cult problem in existing circumstances—Japan + Chronicle.

Public Company

THE CHINA LIGHT AND POWER

COMPANY, 'LIMITED..

THE EIGHTH ORDINARY ANNUAL TEETING OF SHAREHOLDERS IN

the Company will be held at the Company's Office, St. Cuorga's Building, No. 6, Con. naught Road, Victoria, on SATURDAY, 11th September, 1909, at Noon, for the purpose of receiving Statements of Accounts and the Report of the General Maangars for the 11 months ending 31st July, 1909, and electing s Consulting Committes and Auditors,

The TRANSFER BOOKS of the Company will be CLOSED on FRIDAY, the roth, and SATURDAY, the tith September, 1909.

SHEWAN, TOMES & Co.,

General Managers. Hongkong, 17th August, 1909.

~Intimations.

LEE YEE

HAIR DRESSING SALOON.

HAS ALWAYS ON HAND

CIGARS,

CIGARETTES

AND

TOILET REQUISITES-

· FOR SALE

-17, D'ASDILAR STREF]

HONGKONG,

Haarkoog, snt Sepirmhar, TOOT,

Benger's Food is mixed with fresh new milk when used, is dainty and delicious, highly nutritive, and most easily digested. Infants thrive on it, and

delicate or aged

persons enjoy it.

Banger's Food is sold in tins, by all",

"Chantića, etc, everytahera.

BENGER

FOOD

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