1916-10-17 — Page 9

THE HONGKONG-TELEGRAPH, TUESDAY, OCTOBER 17, : -1916.

COMMERCIAL

F. M. S. Metals.

.

cargo,

NEWS

Australian Zlac for the Allies.

In a recent issue, says the Finansial Times, we dealt with Mr. Hughes'important announcement

·Commercial and Produce

Markets.

HONGKONG SHARE REPORT.

8-SELLERS; SA-SALES; R-BUYERS; N.-NOMINAL.

Banks

OFFICIAL PRICES,

BANKS.

SHIPPING.

b.

BANKS:

*BANK OF CANTON

LIMITED.

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

TION,

HEAD OFFICE HONGKONG Paid-up Capital.........$15,000,000

FOREIGN EXCHANGE and General Banking Business Trans- acted

CURRENT ACCOUNTS open- ed and FIXED DEPOSITS Re- ceived.

INTEREST ON FIXED

DEPOSITS:

For 3 Months 3% per annum

83.

$765

MARINE INSURANCES.

b.

n.

#403 L 155-

*

b. & na. $925 68. ex 73 $2624

FIRE INSURANCES.

$154. $387

$12214 b. & sa. #12)

For 6 Months 4% per annum For 12 Months 41% per annum

LOOK POON SHAN, ..

Chief Managel.

68.

$134

b.

$46

b.

b.

1-12/6 $18

b.

$119 6871

MINING

n,

b.

t,25

H.

. $2.73

23 Mem

a.

281-

가

IS MA

DI.

940

29145 7.3 to

LIS 734

10. MIN

SITE IN TO

4.45 7.M

3 Follo

9.15 706)

19 Mam

4.15 PM, DO

Is M

57. LO

Tientsin Machinery.

Dye Trade Little Changed, There was a substantial in- The dye market in America no ereste in the import of machinery it relates to the average dealer, into Tientsin for the March quar- whether buyer or seller, has not

London, Sept. 16-The Bank fer 1916, when it was valued a' been affected by the cargo of dye in Melbourne on the Imperial zine rate remains anobanged at 8 per Tie. 84,256 and for the same stoffe brought over in the Deutsch- qusation. Briefly that question cent. The Open market rate for quarter in 1915 at The 59,295, land, according to Bradford Web-was how best to provide facilities short loans is now 5 per cent, showing an increase of Tle, ster, President of the Dye Ex-for the treatment of the 400,000 and discount of four months' 24 951. There Wse also

an change Corporation of New York, tone of sine concentrates annually Bank bills 5 to 5.11-16 per cent. increase in electrical materials, Kr. Webster said recently that produced in Australia, the great The Silver market has been firm,

Lich were valued at Tle. 29,715 she materiale received from the bulk of which formerly went to with a rather high level of prices, Cantons for the March quarter in 1916 German submarine were dyes of Germany. The extremely high bars being now quoted 32.5181. North Chines And Tle. 13,505 in 1915, a differrare coloure for silks, and litho- price which, owing to our depend. per oz. In the Rubber Share Unions

graphio work, and under no ence upon foreign supplies, has Market considerable activity hae Yangtszes ence of Tie. 16,219.

conditione would be active had to be paid for spelter, requir prevailed, and prices are general- F. M. S. tiu export for August in the general market. The ed in the making of munitions, is on the up grade. At an extra-China Fires b. 62,690 picule against 67,971 Deutschland's

Mr. baa imparted to the subject & ordinary meeting of the Peninsa H. K. Fires piorls in August 1915. Approxi-Webster explained, was owned by cational importance and rendered lar and Oriental Steam Navigation mate value $5,104,854, against the Big 6," the Bayer Co., the an early solution of the difficulty Company, on 7th Sept., the Douglases

8611.416 Cassella Co., the Badische Co., the eminently desirable. The British resolution for the acquisition of Steamboats $5,002,011. Daty against $583,471 D.crosse Jsu. Berlin Analine Co., the Hoechst Government has agreed to put the New Zealand Shipping Indos (Def.)

the corre Co., and the Kalle Co., six Gerchase 100,000 tons of sine condent Company was unanimously ap Indos (Pref.) Aug., 1916, from sponding period 1915, 32,495 man-American concerne in which rates per annum during the war proved, and a resolution passed Shells pical. Increase in daty 8461,152. the dominant factor was Herman and the same quantity yearly for increasing the capital of the P. and Ferries Wolfenz-528 picul. Total for A. Metz of the Hoechet Co. Those ten years after the war. It has 0. from £1,798.133 deferred stock 1918 3,504 pical, against 2.537. companies were disposing of the also agreed to purchase for ten to £2,704 853 deferred stock. Sugars No duty en Wolfram now-Gold dyes slowly in a limited market years 45,000 tons per annum of The Chins Tea market is practi- Malabons -1,196 es; for this year 9,225 cz., composed of manufacturers need-spelter produced in Australia; cally unchanged, there being a

ing rare colours cffered, Mr. and as it takes 214 tons of con fair business at firm prices. Kailans Shangha! Trade.

trade of Webster said. He added that ceairates to produce one ton of Cuffee has met with good com Langkats the Reporting on Sheoghai for 1915 the Commis high prices naked for the dyes, spelter this represents an addi- petition, and fall prices were Raubs sioner of Customs observes that from eight to twenty times more tional 112,500 tons of concentrates. obtained. The Sugar markets Tronoha notwithstanding the continued than prices that were norms! With the amount now taken continue frm, with a good Urais

before the war, made the disposi- privately the total amount of demand. Peppers remain steady, and ever-increasing disorganis

DOCKS, WHARVES, tion of commerce caused by the tion of them a slow process. All concentrates to be treated with bat very quiet. Mapila also

GODOWNS, &C. European war and pot a little of this, however, bears no relation in the Empire will under this steady, but quiet.

Plantation H. K. Wharves b. 88316 political unrest in China general to the dye market in which the arrangement be about 250,000 Rubber has been firmer, Standard Kowloon Docks y, the part is able to look back mass of manufacturers, retailers, tons, compared with as almost No. 1 Crepe being quote: 24.341. S'hai Docks on 1915 as a year of marked fecal and the general public is in negligible quantity before the per lb., and Smoked Sheet 21. prosperity. Though the aggre terested. Prices in this market. war. Negotiations are proceeding 31 1. per 1b. Fine Eard Pars in gate volume of the trade is amil-Mr. Webster said, had declined with France and Belgium to take 31. 1d. per lh. Straits Tin is Centrals ler than that of some recent years since the first of the year, "and he the remainder of the concentrates £169 10s, to £169 159, for casà, H. K. Hotels and the revenos ounecquently instanced the case of direct black, produced in the Commonwealth, and £170 78. 6d, to £170 108. Land Invest.

which was from 1 to 5 a pound but no arrangement with those for three monthe delivery. last April and is now from $1.25 conaries ein be

✩

carried into,

REFINERIES.

NOTICE.

NOTICE.

PEAK TRAMWAY CO

LIMITED

TIME TABLE.

WEEK DAYS

7.04.2 100 BYOD IS MAN Loc 18, 60 10.00 ROM.

10.00 AM to

13.00 LX

15.30 AM to 10.45 93

$.00 13

NIGHT CARS."

ID H.

kjo pai and g roli, siyo end is

11.00 Pm very hall bow

11.00 1,30 Kn 31-45 2,200

every quarter of an hon

SUNDAYS

[Jen. Eray 15 Man.

H

TO MISI

4.00 12 1.00 M

$100 PN: LO NIGHT CARS at on Wask Days

SATURDAYS

Co widetgħi.

b.

$132

63.

t. 86

LANDS, HOTELS AND BUILDINGS.

2:20

36

00 AM to FOLIO ANG 10 11.00 AM, TO

11.00 4.1. 』,

18.00 NO01

Is Dem.

b.

$101

1.

$115

K.00 Nook 10 1100 TJE 100 1 1p 1-00 M

6.00 2,

"

to Mem

b.

$101

H'phreys Est. K'loon Lands S'hai Lands West Points

b.

$6.75

D.

$38

ga

t. 924

8.

$87

COTTON MILLS.

b.

⚫t, 160 b. & eB 1. 16

sa.

t. 1!2 t. 6

$8%

THE

Pail ppine Timber for China. Tea Report.

Consonant with the present Mesere. Wm, Jae. and By, Thompson's weekly tes circular policy of the Philippine Bareau of Ewos (London September 13) states with Forestry, of encouraging and Kung Yiks reference to Jars tes :-Offeringe de loping the Pailippine lumber Shai Cottons' during the week 5,327 pkge, industry with government sesis Yangtszepoos against 1893 pkge. last year; tance, Mr. L. R Stadtmiller, chief

somewhat less, it is generally conceded that business has been good all round and that returns to $1.75 a pound. The chief in-ffect antil the war is over. to tradera have been exceptionally fence, according to the asme Batisfactory, particularly in the authority, which has brought the case of exports. Owing partly, no market down is that of the im- doubt, to the restrictions imposed porters who have succeeded. in on the import trade by the war recent months in obtaining large and an abnormally low silver ex quantities of German dyes of change daring the carly part of tiple colours from all over the the year, but largely to demand world. Another cause had been oreated by the war itself, the valus the sarplas stock released by of the Chinese produce shipped American manufacturers. Also, abroad exceeds that of the foreign American dye manufacturera bave goods imported for the first time been able to produce dyes of in a ball-centory of the port's staple coloure of standard quality, bistory, and the balance in favour air. Webeter, addad, and have of exports would have been con- freed the market from total de- siderably heavier had there been pendence upon Germany, ⚫ anfficient supply of tonnage to Ae carry all the cargo offering. it was, the value of Chinese pro- dace shipped abroad from Shang bai in 1915 exceeded all previcas years returns, and was over 20 million-taels higher than in 1910 and 1913-till now the record years.-L. and C. Express. Japanese Competition in Nether lands India.

The Agricoltural Department

The Board of Trade Returns.

to

other

ports

MISCELLANEOUS.

$1.75 24.06.

Ear CIAL CARS

By Anazement at the Compaɛy's USca, "Aedes Huildings,

Toer Road,

"Sesion and prɛch tickets available for all can pot strendy full, running at the time stated in the Company's time tables, but not for special cars: Can be obtained on application at the Company's Officer No Brain ticket will be îsanied until payment thele- for has been made in Bank Notus or by Cheque of Compradoreader representing Bank Notes

JOHN D. HUMPHREYS & CO.

CHINA

RESERVE FUNDS:

Sterling

£1,500,000 at 21.

-$15,000,000 Silver...$18,000,000

$33.000,008

Reserve Liability of

Proprietors..$15,000)ELB COURT OF DIRECTORS.

W. Lattenden Asq.-Chainata

E. U Dodwell, Eng.-Deputy haheenan G.T. M. Echina, Esq.

Gubbay, Raq

Bon, Mr. T. H. Mayork, kiva. Mr. D. Landale,

1. A. Pammier, haq. Bes. Mr. E. belim

CHIET MANAGER Hongkong-N. J. Subs, Exe.

MABAGER

Sharsh upben, E London Benkers-London County

Wait, Limited

Hoeghong-Interest Allowed:

On Current Accounts at the rate of 1 per Cool Eve

sunum on the daily balance.

ON FIXED DEPOSITS.

For 3 months, 2 per cel, paT BARUM, For instit, i per cent. per 100m. Per la montba, per cent, per satum N. J. STABB.

Chief Mara, OK»

HONGKONG SAVINGS BANI

THE Fulness of the above Bank in conduct the HONGKONG A D SHANGHAI BANKING CORPORATION. Rules may be obtained on application, INTEREST on deposits it allowed on the mbr

monthly briances at 431 per cent, per aDBWÓ Depositors may transfer, at their option, balan el Five or more to the Hongkong and Stanghei Back to be placed on FLIED DEPOSIT at pr Cent, per annum.

Jon

For the Hongkong and Shanghai Banking Corpo

N. J. STABB,

Chief Manage

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Boyal Charter g

HEAD OFFICE;-LONDON. Paid-up Capital

Reserve Fund. —

Reserve Liability of Proprietors£1,200,00 FOREIGN EXCHA⚫ GZ and General Bandar

Dalidess transacted. CERRENT ACCOUNT opened and DEPO-ITă received for 5 year or shorter period, t rates which will be quoted on plication. T. C. DOWNING.

Manager Hongkong, 11th April, 1912.

PROVIDENT|TUDUNG

Loans on Mortgage of House Property & Goods received on Storage.

Advances made on Merchandise.

TU

CO., LTD.

b.

#10

b.

1. b.

8541 $160

(Capital Paid up...$1,250,000.).

"

$35

$10

€7.10

$3,00

b.

$83

D.

$17.00

b.

$7,00

Է.

$6,90

$29

CORRECTED TO NOON TUESDAY OCTOBER 17, 1916,

Tel, address: Broker.

EXCHANGE.

SELLING.

TT Japan...

2/26

2/2 7/16

2/2 14 2/2 56 2/2 11/16

Loans made on the Provident System. (Raves and Particulars on application)

The Qfice of TRUSTER, EXECUTOR OF WILLS, ATTORNEY, &c. Undertaken and Executed.

SHEWAN, TOMES & CO.. General Managers.

MITSUBISHI COSHI

KWAISHA.

IMITSUBISHI COJ

COAL DEPARTMENT.

SOLE PROPRIETORS OF TAKASIMA, OCHI, MUTARE, KISH- NDAKE, YOSHIROTANI, HOJO, NAMA - ZUTA, SAYO, KANADA, SKINNEW, KAMIYAMAGA, BIBAF and OYUBARI

Collieries.

total from January 1 to date of the division of forest manage Borneos 205,618 pkgs., against 203.518 ment, has just left on visit to China Light & P. b. pkgs. last year. The cfferingen wye who were a little smaller than last Mr Stadtwiller is on vacation to Dairy Farms week, and in sympathy with other Chine, but he is also charged with Green Islands were d. to the mission of studying the lum H. K. Electrics

H. K. Ice Co., growths prices

Ropes occasionally, higher, useful ber conditions there and to report liquoring mediam grades being his findings when be returne. the

This undertaking has been decid- Steel Foundries n. beat inquiry... Among

Trams, Low Level b. ed on by the Bureau of Forestry Trams, Peak, old b. the highest averages were:— Farther marked improvement Goalpara, le. C.; Tjiboeni, officials as it is believed that this Trams, Peak, new b. cents.85 in the trade situation is recorded 11d., Giriamas, Neglasarie, and the right time for introducing Laundries

Philippine lamber into the China U, Waterboats The average in the Board of Trade returns for Tjockoel, 101.

Heretofore, this was Watsons markets. Augast, British exports were the for the whole sile on garden sc- largest of any month since the war count is 10d., compared with found to be impracticable owing Wm. Powells began, amounting to £47,720,323 1014. a year ago. We are into the steady lumber trade of that Morning Posts b an increase of £15,281,468, or 47.1 | debted

che Vereeniging country with the United States compared with Thee Expert Bureau of Batavis and Japan which could offer m re per cent. as August last year. Importa at for the Jan, June, 1910, export advantageous prices than the

Holland 15- Philippine could give. Timea¦ BENJAMIN & POTTS, £76,116 824 increased by £8,715,- figures-To of Netherlands Indis recently in 1915, or 9.6 per cent. In comparison 802,456 half kiloe.; England have changed however, and the Share and General Brokers,

Princes Building. etitated an inquiry into the scope with July, British exports adven- 9,258 216; Russia, 12,284,776, the scarcity of hottoms between of the commercial intercourse be ced in value by £1,397,286 while Australis, 3,302.662; Canada Chids and the United States and tween Japan and the colony sincs importe were smaller by £655 581. and America, 338,692; Sings the rise in freight rates, has forced that country to abandon and as a result of the war. The The figures show a steady reduc pere. 395,882;

total half-kitos. Americas lombar impurtations. report thereupon has been pre- tion in the trade balance against 3,380.544; sented but not yet pub ished, but this asantry. In August 1915, this 44,743,228, ngainat 43,578,138 Japan is of course, at present at newn to hand says the Gazette was 291 millions, while last month last year. The quantity of tea least, out of the question as the de Holland-shows that Japan it was only 20 millions. For the exported from Sumatra from Jan. Eropean war barmore or lean clog T/T.... bas esgerly seized the opportunity eight months of the current year to end of May, 1916, was 824,-ged ber ommerce with her neigh- Demand of getting a firm footing in the adverse balance is £221,000,- 670 lbs., compared with 550,160 bour. As ie generally known, 30 die. Netherlands India. In several 000, as against £255,000,000 in the lbs, for the same period in 1916. China has no forests to speak of, 60 dis.

70 12 instances a good chance has pre- corresponding period last year. Obias-Arrivals: Kashims Mara and the lumber used for bone 4 m/s..

93 98 sented itself to the Japanese, if The export figures do not contain with 18,467 kgs; Mentor with building or even for kindling TIT Shanghai..

102 not of pushing European trade anything of special significance, 13,401 pkge., and Carmarthenwood must come from the cateide. T Singapore

....... 163 1 Beide, at any rate of teriouly in- beyond analmost general increase shire with 1,226 pkg+, Privately. It is true that she can count on T/T India jaring it. This is amongst other over the corresponding months of A fair business has been her fore-tilecated in the southern Demand, India..... 163 34

provinces and Mancuaria, bat T/T San Francis-1 descrip branches, the case with the iron the preceding two years. There done

52 14 co & New York! and glass industry. The report has been a very large advance in tione, otherwise the market re-three are getting more and more

126 36 further states that European trade, the quantity of ships, bridge, and mains unchanged. At the. quar. difficult to exploit owing to the TT Java............ hiving only in eye to immediate boiler plates, &, black sheets terly meeting of the Co-operative disturbed conditions which now T/T Marke Nom

Wholesale Society in London, the prevail in Quina. It wild thae T/T France 3.05 4 gain, is exporting articles which and wrought iron consigned to It had better keep in the country. Japan. Exports of iron and steel chairman (fr. G. Thorp, Dewappear that apparently, her only Demand, Paris.....3/6 On the other hand, the Locomotief, goods to the Straite Settlements, bary) declared, on behalf of the owes of lamber is the Philip WAS O Pines, and Director Fiber of the one of the foremost papers of on the other hand, have fallen off directors, that there

iD the allegations barea of forestry is of the m/s. D/P Netherlands India, also expresses to a great extent. Coming to truth the view that Japan has obtained imports, we find that there is a that the tes market had been opinion that this is the right 6 mis. Lic a firmer market in our Colonies. farther heavy fall in the supplies rigged by that society. On time for marketing Philippine 30 dis. Sydney & 2/3 7/16

Me bourne The bulk of Colonial imports are of tes from China and Java. behalf of the society astonishment lumber in Chinese markets. If

an increase in the is expressed that a Government Pilippine lamber, after invad-30 d/s. San Franc based on native requirements, There was

isco& New Yorkf with the result, so far as furniture quantity of silk imported from Department should have been ing these markets, succeeds for the natives is concerned, im- China in August as compared with perenaded to associate itself in getting a firm hold, the ban- 4 m/s. Märks

4 m/s. France.5.12 ports are limited to the cheapest the corresponding month of last with a campaign of calumny that fia will be matual. It will

6 m/s. France ......3.22 kinds. Germany met these re- year, but imports of Japanese had proved to be an entire farnish China with a steady mar

Demand, Germany.. quirements beat before the war, ilk declined. There was again a failure." With regard to the ket and it will revive the now

TIT Bombay bat it is now Germany's best large quantity of sugar purchased alleged cverbuying which led to di heartened lumber trade which Demand, New York. 52 % has been almost killed by the Demand, Bombay... 1634 equipped competitor who is from Java, Rubber sapplica usurping this marker, probably from the Federated Malay States their great tea warehouse, the European war. It will be re- TIT Calcutta to hold it. But in cther bermohes were again higher than in the coil reply states that the Co-membered that during the first Demand, Calcutta... 1634

months of the war, and even as Demand, Manils... Wholesale slo, Japan in setting on the Est preceding two years, while there operative

Socisty Indian market. For importa of is still a falling off in the case of in the biggest tea dealer in the late as a year after the outbreak Demand, Singapore. 93 5% copper roee during the first six the Straits Settlements, To the kingdom, and adde that in the of hostilities, which resulted in On Haiphong... 4% prom.

the carcelling of almost all orders On Saigon

On Bangkok. 70 months of this year from 10,375, total imports of rubber for Angust autumn of 1915, by laking s** for lamber, and the ensement, at 000 to 14,235.000 kilos., whilet may be added 3,128 centals of the business from the rolling practically the same time of the Sovereign imports of brass and copper wire, waste and reclaimed rubber, brokers, the price of tea was re

Gold Leaf, per oz... $1.80 the duced from 11. in August to Dew lumber laws, the lamber have been started on a large enale, making the importa for

The tea barinens was almost strangled. On the other hand, Netherlande | month f.r all countries 131,040|841. in November. India is sending greatly increas centals, and for the first sight department bought during the Df late, however, there have been ed quantities of engar to Japan, months of the year 1,113,847 period mentioned in the accusa igas of picking up and if ibs but for the rest Japan is having Gentals, against 1,242,776 centals tione is only 45,000 lb. more than Chios market is secured for the

DISCOUNT ́PER $100: the best of the position: This is last year. We re-exported 81, was purchased in the same period present at least, there has been the result of its enormous ad-036 centals last month, making of 1913, while sales had in the placed with certain lember con Chinese...20 cta plecs#114% dis. 114% dis. vertising, adde our Colonial cou-761,945 centals up to the end of meantime increased to the extent ceros here an order for P78,000 Chinese...10

worth of sawed lumber the des- | Hongkong20 ots, pieces: of 2,460,000 lb. temporary:

August,

tination of which is Chian, Hongkong10

Íમ

in

"an unfair and fatile" raid

upon

BUYING.

4 m/s. L/C

2/3 3/16 2/3 5/16 2/3 7/16'

53 14 ......Nom.

105

.... 34% prem.

9.0) Nom.

Bar Silver, per oz 32.9/16

SUBSIDIARY COINS.

par.

Agent for SAKITO OQAL

HEAD OFFICE :--- MARUNOUCHI, TOKYO.

BRANCH OFFICES-NAGASAKI MOJL KARATBU WAKAMATSU, OTAR MUROBAN, HAKODATE, KOBE OSAKA, KURE, TOKYO, YOKO. HAMA, NAGOYA, TSURUGA, VLADI. VOSTOCK, HANKOW, PEKING, LON. DON, NEW YORK, SHANGHAI, HONGKONG, HAIPHONG and CANTON.

Cable Address :~~"IWASAKI,"

'INDIA. LIMITED. Head Office 15, Gracechurch

Street, London. Authorised Capital. Subscribed

Paid Up

Reserve Fund

PANKERS:

The Bank of Englas?,

£1,500,000

1,123,00€

562,50€ $50,000

The London Jalnt rock bank, Limited.

Zombay

Calcetta

Colunabo

Deli

Galle

Hongkong

Howal

Kandy

BRANCHEB

Part Louis (Maurition.)

Kancel

Kota Bhar Kuala Lump

Madras

Pear

Langoon

baughsi

Singapore

PONGKONG BRANCH,

Every description of Basking" and Exchange bainess transacted,

Interest wowed us Current Accounts at perc Per Annum on Daily Balances, and on Fixed Depa at rates which may be ascertained on application

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING

* CORPORATION,

HEAD OFFICE:

15. Wall St, New York

LONDON OFFICE: 16, Bishopsgate, EG, CAPITAL PAID UP

......$3,250.000 RESERVE FUNDS $3,628,000

...$6,878,000

U.S. GOLD

HORAY CALCUTTA CANTON CEBU

COLON HANKOW

BRANCH-S

HONGKONG PEKING. KOBE LONDON

SAN FRANCISCO SHANGHAI MANILA SINGAPORE MEDELLIN TIENTSIN PANAMA YOKOHAMA

Codes: Al, A.,B.C. 5th Ed., West- City Bank of New York, the Bank is able to offer the

ern Union, and Bentley's.

AGENCIES:-**

CHINKIANG-Mesars, GEAR-

☛ Through in close affiliation with The Nationa

Services of the Branches of that Institution ie Tema and South America, namely:- BUENOS AYRES, HAVANA, MONTE VIDEO, RIO DE JANEIRO, SANTIAGO, DE CUBA,

EANTOS, SAO PAULO,

All kinds of POREIGN & LOCAL BANKING

ING & Co. MANILA-Messrs. DUSINESS transacted MACONDRAY & Co., SINGA-CURRENT ACCOUNTS opened and FIXED

DEPOSITS received at sales to be acessad PORE - Messrs: BORNEO Co. application.

N.. MARSHALL LTD, GLASGOW-Messrs. A. R.

Managor. BROWN, MCFARLANE & CO. LTD | Hongkong. Jet June, 1916,

For Particulars, apply. to-

K. KATO,

Manager.

No. 2, Pedder Street, Hongkong.

MARTIN'S

APIOL SSTEEL

PILLS

A French Komady tayall Lavogularitiem. 26 London always keep a hospi

Mas Kanununarsaná Cha,Baron Eheli anor wave+alk, áll Clumea and klorna anii them MARTIN, CHemin, Southampton, Bag

MARTIN'S

APIOLASTEEL $285PILIS

THE ALEXANDRA CAFE Cannot be Beaten, if Equalled for. Bread, Cakes, Confectionery and meals with Wines & Liquers,

THE

YOKOHAMA SPECIE BANE,

LIMITED.

Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital .. 30,000,000 Reserve Fund****** 20 850,000

n

Head Office.-YOKOHAMA.

tractes Amaung-klases Bombar Calceti Charbur

Agencies, Nagunak

Kewci-wang Nam Vork

Quta

Peking

Cairan Fouries

Ryokan (Port

Barde Bankow Hosolala

Arthur

San Franci

thoughal

iLobe

Kedary

Поресп

Tokyo

Tsionate

Los Argui

Estarost Allied as Canmer ACORNE Deposits received for fast period at atas

EISHI ONU, Manager,

madonna neplication.

Hongkong, 11th Bapt. 11 16,

}