1910-09-23 — Page 5

OHAMA SPREZBANK

CHAIRMAN'S SPEECH AT HALF-YEARLY

· OWNERAL MEETING:

The regular half-yearly general meeting of the bareholders of the Yakabama Specie lank was hold at the Head OBiro, Yokohama, on the Alterar no clGals-day,gh init. B. ron Tatabashi, President, delivered the following speech - ** Centlemen, I have the pleasure of prestalog to you the report and accounts of this Bank for 120 frat ball yosh at this axiy firt ordinary meating of the shareholders, and in epering the marling to make a brief review of the Back's busizers and of the general state of economic conditions of the country, S

THE HONGKONG TELEGRAPH FRIDAY SEPTEMBER 23 1010

"MONETAT RKMORE

UNDERTAKING OF GREAT IMI ORTAYCES

MITSUI HOSSÄN KAISHA.

PROPOSED RUDBER" AND PETROLEUM.

PRISKA.

dipatch, has been considering a chuma

“The Mütol Basan Kalebu, sayca Nagasak

undertake the cultivation of subber planta, Sumatre and the worklog of petrolium in Borneo. The firm has decided to begla operations by planting rubber, and Mr. Dawno Relenk, who has just returned from the Bombay office of the Sim, left Nagasaki Hazual-warm ala Shanghái, to investigate the „Thursday (igth, instaw); for, Borneo, by the

robber industry In ihan liland, Brand dama

MR. R. P. SCHWERIN IN KOBE.

"FACIFIC, MAIL S.S: CO.8 MANAGER"? MORGAN ENTERTAINED/SE

The story of the money system of Colon gives a quite different piciors from that of the money systems of European countries. In that an cient Empire the need of an Imperial coinage not yet been recogulsed Pieces of silver of various weights and shapes, copper squares and rennds, with a bola in the middle for the purpose of threading them, all manner of foisign coins, bank sott's of obscura origin—a theat form oss grand chaor, and take the place of « Government system of coinsge, Righ: down to the present day, Lays a writer, not a single European investigator har kad, the courage to write a work that would give a complete petale of the money cir cutation of Chios, for such would a quite beyond the power of any individuel. It would On Balurday eveni jg 1 st a djuser was given exscl the labior of a number of specialists, who as the Oriental Hotel, Kobe, is honour of the would have to spend years to the protection visit to Kobe of Mr. R. P,Schwerin, the gener.1 of their legeiriau. A collection of coins, and manigor, of the Pacific Mall Steamship Com their subsinter, ciculating in the country pany, suportu tha Japan Chronicle of 13 E lust. won'dine uda over 1,000 pieces, each one with a About sixty gentlemen accepted the invitation special market value, contingent on the general to meet Mr. Schwerin, including many of the course of exchange la the fiat place, and on a Japanese and foreign officials, brokers, and large number of accidental as well as permanent leading merchants of the port, After an ex- Jacal conditions, in the second. Forcigoers cellent dinner, Mr. W.W. Campbell, Kobs agent have been accuste mid to herums that in Chisa of the Pacific Mail, who presided, proposed the the ba isina silver one, on the strength of usual loyal toast, which was duly honoured, the Let that the silver lán of tael appear to after which Mr. Campbell proposed the roast pais on the basal ngit. But it is of so. In past of the guest of the evening, Mr. Schwerin. time there was a basal in China. It was copper That gestioman, in response, made an inter (the tohoch), it has never boss changed but eating speech, lathe course of which is spoke gradually a more expansiva metal bas been

very hopefully of Koba's prospects as the com2 drawn into the scine. Still, the isa sa moneymercial centre of the trade between the United molt cannot be recognised at all, for in the first States and the Far East. Ho said that swelva' place it is of various valdos. Far example, at ons

yours ago, on the occasion of bls previous visit time the lan in which the Customs dues are to Japan, ha fimed opicious of relative, im- counted for forblem good", and which on that postence of Yukobama and Kobe which wasn account the Chinese call." Cosçome lep,” is quoted at about 21 9%, whilst as a rulo its value prosent visit. M. Schwerly spoke of the past now entirely changed as the result of bin is abiot an gd.

a-hievements and fo'ure plans of the Pacific Mail Company, and concluded by expressing a sincere wish for the increased prosperity of the port of Kobe. Several other speeches ware made during the evening by both Japanese and foreign guests, all of whom ex-]; pressed their pleasure of the opportunity of meeting Mr. Schweris, and of llwening to his] opinions on the commercial prospec's of Japan and Kobe in particular. A very pleasant even ing's social intercou sa cams to an end about e eleven o'clock.

COMMERC

Bukit

Carey Un Castlefields Changkat Ser Cheras (part Do (lalt pald) DABİBBERILE PROSTRED Hastern International Fed: Belangors Glendalys

GlenshielsSSE SPICHELI Golcondar

Golden Hoper

Highländi and Lowl Indragiris

loch Kesgath

Jegales ......

*Jósklanders norausunto ter

Kamonings,

*

Kuila, Lumpers

£/3 pram !55/ Ladadrons (fully pald) mimin → Lanadrons (ppd.) p

— Ledburys...EDU MÅNDARE».7¢ }-

•50/6

· Labus

London Asiatics........................... London Venturef.i. ma............ Merlimanowym

Fajam Pegobs

· Rubber Trusts.......................................16/3 pram. Saggis immommoveamiaru spü170]- Sandycrofts --

Sapongs:statavais purane ***

The ecoacm'c state during the period under review hun sbowo generally an improvement and a gradual recovery to the normal level of activities after the prolonged stagnation of the monty mirket since the autumn of your balore last that still, on the picp'e are gerar.fly exer: cising great caution, tome considerable time most elopte before we my ace any ladustrial activity. He waver, our foreign trade, both in imports and exports, has shown a tali fictity statesince lastspring, a'eng with the recovery of economic condi1sens athi me and afroid. The maiket prices of the sound securities gradu ly ro e, and the amount of bills cleared throughthe clearing houses in créated in meat's advanced; and in sest the circumstances priwailing all r. and show indicatit na shat the fiaceal world is developing in the light direction, Conte quent upon the abundant supply of money the Late of interest cortizually dacticed and the Goverment, availing itself of the opportunity, twice issued 4% loan bords to the extent of Y100,000 cas for the conversion of the 5% in teraal bondy, and the various companies, com mercial and industrial, undertaken by the people either made cell on their thares or issued de beplu.estoment their increased requirements or to replace, their bid loans bearing higher rates of "interch", nod, than slthough a considerable") stmount of cash was withdraw a from the marke',

Now, by impatíal decree, the silver ynan' is yet, on the other hand, the locreate in be people's to be established-value about 20-as a money savings coupled with the cash redemption of base for Csing, and the coini: g of this money the nation lenus kept the money musket an aed its fractions-decimals—is proclaimed an easy as ever. his bel g the case, the banks imperial monopoly. At the same time lowesed' sha rate el isturent on deposits, both rate of exchange is fixed as obligatory notwithsanding this they still found them for all time, and it cannot be arbitrarily selves compelled to carry large onemployed lowered or raised. Its relation has been fixed funds, and this Bank bad likiwite to pass the to the market-n the Coms- lan it period ender revi.w with more or less mo.ey is, to paint of fact, the Chi-is' rouble, and unemployed.

that is what the Manchurian patives call it, Tarning to our foreign trade during the first From the forego ng it is evident that Chios is half of the year we find that export amounted endeavouring to solve the insolable, for the ex- in Y,1 2,000 and impots to Y 39,000,000, change of the inn changes from day to day, Tboss figures, C.mpared with those for the local bouraca showing differascon of 8 per cent, Corresponding period of the year preceding acd even to per cent. in a week, both up and show respicively as i crease of Y24,100,000 down Watever way be the obligatory ex

At other big seiz tro of opium amounting to lo exports and Y25,420,000 is impons, result charge established for the yuan, and how

tóc tins was made yesterday by Customs Officer logik a total increase of Y,9,200,000 furimever severa the punishment may be for Cobb, reports the Sydney Dally Telegraph of ports and exports combined.

¿peculation, all the same; a coin valued at..3 ult. During the day the officer, accom 26 per cen', cl tha vains of the lan will pinied by a party of searchers, banded the in circulation bs relatively worth the varying steamer dinkam at the Qany, and commenc values of the whole, in of the parts To estab-ed search of the stel. The Ail kom dish a fixed exchange value, even if not com- originally came Lom the East. She visited plats might be posipis by the complete op Melbource and Geelong, a: dal fough searcha. Lueg wath we characterisid the appearance pression of the lan, so that all recollection of ited, nothing contraband w ■found. Mr. Cobb of the Rubber Shark, Mainst a sorry van A may be last amongst the people, Bat such a directed his attention yesterday to the coal anf this week, without being ando y pessimitică. step is not contemplated: Not only is the circola bunker, and after moving, quantity of coal, we may sum up the present position with three. log of the law no. forbidden, but tbs issue of lan bere found a plant of 151 ties of eplum Cen- Da, v, cull, dreary, and depressing. For a banknotes it allowed. But even wein the lantinuing the search is the other bankers a fur whole week prices have melted away from day suppressed, the yuan would vary in valus withther up tins were brought to light. efforts to day chalil, at this writing, we bave to record the rise and full in, the price of silv. r ou the to trace the owners of the oplum failid, and the lowest values yet touched since the ont market. If the metal rises in valus the coin daring the afternoon. the lot was confiscated boom period. might be collected and smelted into Ingo and lodged in, the King's warehouse." The but in the event of fall a fixed ex-value of the eplum is put down at 46:0;

.1

This is duub less the result of the improved fist cial state at lore and abroad, but such a large increase of exports is to be attributed in on's way to the price of bar silver having been fav urab'e tɔ the China ride and to the great increase of our cotton goods exported to China Caused by the high prices suling for similar American grade, while the increase ip imports appears principaity to bays been dus io.a large increase in imports of cotton from India. The amounts of the excurage sold and bought in Japan on foreign countries by this Babic during the period under review, in round figures, amounted to Y29,400,000 Red 183,700,00 respectively, and if we compare there figuras

wi haibase of like corresponding puriad of | change would only hold good "for". not: 9, the preceding year it will be found that And since the balança of the fortiga izade the 'e is a decrease amsabling to Y1,100,003 10 | of China reaches abjut £100,000,000; with exchange sold and to. Y7,830,000 in exchange relatively small commercial movament in the bought; bạt as the exchinge bought and sold interior, where most of the people still live in abroad on Japan amounted to 130400 000 and a state of "natural economy," the exchange of „Y105,100,700 respectively, showing an increase the art ve colas for foreign gold is the accounts of Y1,075,000 in exchange sold and Yas 300,000 for import and export business would weigh in exchange bought, the nit reach is an in very heavily on the Chinese peopl:.. crease of Y 17,020,700 in tha tɩt 1 of the Fark's Exchange'busicess at home and abroad.

As I have mentioned," now hitanding the Improvement in the gocomi a'ple of economic silaita, the money marksi beving continued to

adequate means,

Racming the foregoing; says, the writer quoted, we are forced to the conclusion ibat the pedertaking of a money reform in Chian of the circulation of email sums, for the jaan will be of great importance in the arranje.beat be in a state of singustior, the business (and its patis will doubtless soon press out this & ank da log the period under review has various coins and paper of doubtful value, and like that of most other banks, shared the effect with theas maty aluses will disappear. But cf. that advantage and the result oblaced this reformd.01 noitetie the money basis, fig fell in same measure below the mark of theIt is an attempt to do so with obviously in- corresponding period of last year. Fortsataly, --however, theɛe having been such extra business as the fijating of the Giverome it Loans, we havs, after making provision for deubtful armets, bsen enabled so, caup a net profit autġfei g much" from "that of the list, accoOut, V`z; Y1,795,69.38.7 De die ribution of this amount": I beg you to approve and adopt in the manorr as stated is the proposition. In conclusion-1, have much pleasure to deport that this Bank bat participated during Mich last in under wilting the line of the second 4X internal Jan of Yior,035,000 as in the case of the first Issue, and fanber during May last, in joining interesting as showing the comparatively large numbers of Jáp, man in the cities and of the fisning backs for the A station o Z1,000,000 Kereins in the country districts, the latter even loan zaised by the Goveromen In Lindon, In Nay last this Back received from the Minister quteumbaring the Chipate in these districta =—-

of Finance a special order relating to the ex- tension of ear business in Manchosis and wa have accordingly drawn #3 special regulations lo meet the new business, which came into operation from the in Ju'y of this year, de -DIRECTOFS-STATEMENT)

The direcionit da ment, presented to the abaraholders as ibe murting was ad follows sa Gentlemen te directors' submit to. the manexed 'statement of the l'abilities and matete of the Bank, and cf the pc and Josa sccount for the half year ended 3:th June, 1910. the patt saght for.

ORIENTALS IN RUSSIAN TERRITORY.

LATEST STAT STIES.

ANOTHER BIG OPIUM SEIZURE.

iGi' TINS CONFISCATED.

Events Coming.

Sekongsandeshi ***** 30/ prem. *Shelford...

70/ Singapore & Johores ..........................$14} Somatra Parnou mimaramaqam in:15/* Sungei Chok..901. Spegel Kapars - Sonnekkireitoak3/6- Tandjorgs İNZE KOLMEYDANDPORUDI, Tangkaha gemudivomā7/5

........................................ 3/- prem.: Clo Ranta sériodermaDERNES IN Unlled Serdangs

100, Udited Singaporee- minamai(1,75 United Somatra

ā- Unfted Langkats .... ....................... 80). Tronohy

Toerangla

Para Rubber .............7/3 par ib.

LUBBER SNARE MÄRKET,

Fongkong, ayrd September,

The quotation for the raw material has farther receded from the price of a week ago and la wired out at Es, ind, per lb. .

Anglo valaye bave declined to 23/- it which price there are in'less.

Allagars after sales at 4/5 and 4/3 are now obtaicable at 4/4.

Eastern_Jusernationals-have-forther-depre=" cla'ad 16,11j. pram at which price, they are

Fiday, and September. Theatre Royal, "The New Berapa

Sa'urday, zaik September. Mention, Yorghang Chion Spinning, Wear steady. ing and Dyeing Co, 1145 km, đ

.f

Meeting of Douglas Steamship Goy. Lidi, poor..

V.R.C. Aquatic Sports.

Monday, 5th September,

Sa'e if pier right opposi'e Ice House Road,

at P.W.D., 3 p.m. ...

Hongkong Cricket League Asnual Meeting,

at 1 K.0.0,

Toesday, 17th Sep'ember, Harbour race.

Linggin pis quiet at sal-

London Ventures are on offer at, 6), without business to report.

Merlimana altor sales at 77) are enthir and more can be bad at the rate.

Ledburys have further weskaned to 57,6 without business to report.

Today's Advertisements.

NOTICED-

Mbar bren admited member of our R CHARLES EDWARD ANTON Crmpany.

ETJARDINE, MATHESON & CO. LTD. - #meknav, agrå September, idio. [611

THE HONGKONG FOOTBALL CLUB, THE ANNUAL GENERAL MEETING

Tor An Hongroux Fastball Club alll be

held in the Board Root, ut Mussia, Jardins, Matheon & Co.'s Haid Offics, on WEDNES- DAY next, the 38th inst., at 5.30PM

A. GRAVENHILL,

Han. Fecretary str Hongkong,zgrd September, 1910105 1613

THE DAIRY FARM CO., LTD.

NOTICE TO SHAREHOLDERS.

THYEARLY MEETING OF SHAFE

HE FOURTEENTH ORDINARY HOLDERS is the above Company will be held at the Company's Town Office, s Lowir Albert Road, Herzkole, os SATURDAY, the 8th October, at 12.30 PM, for the purpose of] presenting the Raport if the Directors and Statement of Accounts to gret July, 1910

The TRANSFER BOOKS of the Company will be CLOSED from 1st to 8th Cctober, 1910, both days inclusiva: 495

- By Order

M MANUK,

Acting Secretary% Hongkong, 23rd September. Toto624

A VERY smut captors was made by Detective Sergeant Murphy yesterday. He received in: formation that gambling was golog on on board a caro-boat and on proceeding on board the craft, he discovered about forty people Indal. zing in a figlier, "A scene of the almost con fasion followed, during which the majority of the gamblers made good their escape, only | eight of them being arrested by the Police This morning the two keepers were fined Sabo and $100, speciively, while the rest bad to pay Seach,

THEATRE

Intimation

Try our delicious

CORNED PORK

CORNED BEEF

and WaveRA

PRESSED BEEF-

THE

DAIRY FARM 00

ASAHI

AWSREED

GOLD MEDAL

SAPPORO

ORO

PRORO

BEER

ANGLO JAPANESE EXHIBITION,

PRICES:

Dcx

8Dz Plate Sign

ROYAL

OFSALLİ WINE

"MERCHANTs

ONE WEEK ONLY.

The Incomparable.

NICOLA

And the same Original Company that Mystified

New York London Paris?

6 Months 3 Months

Berlin

And all the Principal Cities of the World

TONS

OF ELABORATERUS

"Magical Apparatus

Special Scenio and

Electrical Effects

100

"New Musions pos

STARTLING FEATS

and SENSATIONAL "SURPRISES

POSITIVELY THE GREATEST SENSATION

THE WORLD HAS EVER KNOWN

EXTRA ADDED SPECIAL FEATURES NICOLA'S Challenge Hand Cuff SENSATION Nothing on earth has yet been found that can hold Nícola a prisone GEORGE NADOLNY: WHIPPLE & ADAMS. "America's Greatest Eccentris Juggler Refined Singing and Dancing Artli MARGUERITE SUTTON: DOBSKI

g. The Peerless Psychic Marvel

The King of Laugh, Provokers

SOLID HOURS OF LAUGHABLE MYSTIFYING AND.

EDUCATING ENTERTAINMENT."-

Commencing Wednesday, October 5, 1910.

+

London: Asiatics are procurable at the SPECIAL MATINEE SATURDAY, OCTOBER 8, FOR LADIES daced rate of 10/-

– Tangkabs are quiet at 27/5,

United Serdangs have saved down 10 100/μ

which price sules have taken place,`··

Kowloon Cricket Club Annual Meeting at -- United -Somatras hava declined to 8/- at Club House's 15 p.m.

:which rain they are obtainablage

AND CHILDREN..

Hongkong, 111! Septembe", 1010.

Bertani's arm on offs at 7 THE PERFECT WHISKY

>> hei

Wednesday, 28th September Hongkong Football Club annual meeting 1.10 p.m.

han Thursday, 29th September.

Saturday, 1st October.

The following statistics compiled by thefi Aqaiiic & ports, at V.R:G. Bak. tistical Committer to Vladivostok, giving the population of the Roslan Maritime pro- vice(Vadivostok nad region) in January igro,

Ruslans

DE RUSSIAN, SUBJECTS, **

Mulus, Females, Total,

In country

Naturalleed Korezna

4,001

Total

Vladivostok. It barovsk

Fools als

72,310 ||| 307,917 VENATURALJARD DRIENTALES

"Japanese," "Chiara, Korsand,

"THE

Tago gya'am för Sloga zested should

at

Italian Convent Sale of Work, 10 LM. Hongkong Jockey Club, half yearly meeting, Hongkong Club Annexe, 12 o'clock Roen.

Railway,

Opening of Kowloon Canton British Seething 7.45pm

Civ. Se vico Spana. Happy Val'arg MANDWAṀarday, sid October, vi Italian Convent Sale èf Work, 10 8.1, Bale of Crown Isad si Kae U Kong, P.W.D.,

Su'n af Crowa land at Sharkiwan, T.W.D.,

Eva ef Jewish New Year.

Tuesday, 4th Occbar, Italian Convent Sula of: Work, 10 am. For Wednesday 5th October,

Theatre Royal, Nicola, 9 p.m.

Saturday, 8th October,

ジ

Dairy Farm Co's annual meeting, 12.30 pm.

Saturday, 15th October..

Gymkhann Club, fifù'mseler Rich

10

Cutlefelds continue to rule falily steady at

- Highlands and Lowlande ere:weaker and obʻstanble at 100/22

.......Kuala Lumpuri havo dropped to 15′′ 16 at

which prica sellers prevail iyo le "gold

Kamuzings are on offer at 5/- piem Golcondas can probably be placed it the reduced mata of 105/"

* Sumaire Paras have been asid ja imali lots ati:/" and 17/6 daring the early part of the work

Balgownies have declined to Scs, at which 'Aigua they are obtainable," sai

Acknowledged

by all to be the

best

Changkat: Serdange has been dealt in a Scotch Whisky Sit, closing quiet,

Ayor Fansı hava changed hindi x1 Söf:: Pajims are nucbanged and without business EX

Ginnealys aßer sales at Srgo, bave, further probable bayern at 31,8g), Ma

Indragitis were sold in Singapo.Cát $ick, eferohe can be had at the riduced.rata

Bandy

on the Market

For Mildness,

Mellowness and

Maturity

it cannot be

equalled.

Seo that the name of D & J Mo

on every bottle.

Perfectio

Otherwise it is not genuinë

PRICE &

15

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