APEXIOR
Absolutely
Stops and Prevents Corrosive_Pittings and the Adhesion of Hard Scale.
YOU
CAN LAUGH
BASIS 98
ITH A BRI
BOILER TROUBLES
# USING,
NOT A
·BOILER FLUID
No Heat Retardation. No Zinc Plates needed in Boilers treated with this compound!! The only known Efficient Preventative of Cor- rosion in Marine Steam Turbines. ·
In use by the- BRITISH, U.S.A..
A350-
FRENCH, ITALIAN, JAPANESE ARGENTINE AND CHILIAN NAVIES.
Cunard, Orient, Allan, C.P.R., Johnston, Atlantic Transport, Union Castle Elder Dempster, Common-wealth and Dominion, Anglo- American Oil Co., Hudson Bay Co, Pacife Steam Navigation Lamport & Holt, Knight, Leyland,. Brocklebank, John Cockerill Line, Nippon Tusa Kaisha, and practically all important Steam..
ship Companies.
Agents for Hongkong & South China
THE EASTERN ASBESTOS COMPANY,
QUEEN'S BUILDING, CHATER ROAD, HONGKONG.
So1e Agents.:
THE
CONNAUGHT
MOTOR CAR
COMPANY,
NOTICES.
Studebaker
EGRAPH... SATURDAY: OCTOBER 4' 1919.
THE HONGKONG TELEGRAPH,
FOTICH.
· Yorkshire -
Insurance Co..
Limited.
ESTABLISHED · 1884.
The Undersigned AGENTS for the above Company are propared to ACCEPT RISIS against FIRE at Current Estes, SHEWAN, TOMES & CO.
AGENTS.
COMMERCIAL NEWS.
03
SUPER-TAXATION.
Some remarkable figures appear in the report of the world-famous brewery firm of Arthur Guinness, Son and Co. Although the accounts, which cover the year ended June 30 last, embrace cear- ly eight mouths post-armistice on brewing conditions. profit has risen to the enormous figure
From of £5,855,900. 1915-16 to 1917-18 it fell from £5,472,600 to £4,102,600, and the recovery is especially satisfactory in view of the greatly increased cost of manufacture and distribu- tion. Of the profit of £5,855,900, no less a sum than 4,666,400- just 80 per cent.goes to the State in excise and licence duties, profits income-tax and excess duty.
BRITISH TRADE IN JULY: The Board of Trade returns for July exceed all previous records of values both for imports and exports. Although the month had one working day less than July, 1918, imperts advanced in value by 44 million pounds, British exports by nearly 2134 millions, and re-exports by 93⁄44 millions. Compared with June, which had three working days less than the following month. imports were higher
Tel. No. 1913.
28, Des Voeux Rd. in
Central.
A Car which has won for itself a world wide reputation for permanency of Service, Power, Design, Comfort, Workmanship & Economy.
value by 30 inillions and home exports by three quarters of a million. Although the adverse balance of the month's oversea trade was again
NOTICE.
PEAK TRAMWAYS CO. LTD.
TIME TABER WEEK DAYS,"
Vary 13 mi
La xa
15 mata
13 Tata
NIGHT CARS. 5.50 p.m. 8.00 p.m. 9.20 p.m... 8.30 p.m. to 11.50 pim. erery 30 minutes 11.45 p.. SATURDAY EXTRA CARS.
12.00 midnight. BUNDAYB
?
1.30
10.30.
2011 20
to 1128
18.00 1000
5,30
11.00 DOW
1.00 PM.
to 5.30
10 6.30
-
Every 13 into
NIGHT CARS
A Week Days SPECIAL CARS
by arrogant at the Cosgang's Offiəs AMELIE Babongs, De Voraz Zard. JOHN D. HUMPHREYS & FON.
RAMSAY & CO.
WE HAVE A LARGE SELECTION OF TYPEWRITERS ALWAYS IN STOCK AND SOLICIT YOUR KIND INSPECTION.
WE SPECIALISE IN TYPEWRITER REPAIRS WHIGH ARE EXECUTED BY
EXPERT MECHANICS.
WE ARE IN THE BEST POSITION TO SUPPLY TYPEWRITER REQUISITES,
SEND US TOUR ORDERS FOR RIBBONS
CARBON PAPER. ETC.
MARTIN'S
PIOL & STEEL PILLS
Funes Remedy koe alliageEZİSTİSMA
MASSEN PETA ZU 150 denas, so tam) on the tran
Sadly sent may be aduritateral TibawwILD
· MAI VÕIMETROcommend Sheen, Denos kaetz MORE. MORE SAJA, AI) COSTIER ADI SLOTEN WÜ KIERA "Komfort the World, ar pret ve Es MARTIN, mamirt: Somissorytse SKL
MARTIN'S
APIOL &STEEL SPILLS
BANKS.
ASIA BANKING CORPORATION
HONGKONG.
Head Office-New York` City
OTHER BRANCH OFFICES Shanghai-Peking-Tientsin-Hankow and Manila.
The Asia Banking. Corporation offers an American Banking Service and respectfully solicits your patronage. It is organised especially for the purpose of fostering and developing trade between the Orient and the United States. The entire service, information and TIME of our bank, its staff and correspondents. are at the disposal of our clients and their friends.
Interest allowed on current, fixed and saving accounts carried
in Local Currency, U.S. Gold, Sterling and France.
Foreign or local drafts purchased at best rates, or entered for collection.
Imports and exports financed. Commercial credits established.
Drafts sold on, and telegraphic payments effected in, any part of the World.
Travellers Checks and Credits.
BANQUE DE L'INDO-CHINE (FRENCH BANK.)
THE BANK OF CHINA. Specially authorised in China, br Presidential Manda af 2nd November, 1917) Authorised Capital ........-$80,000,000,00 Paid-up Capital
****.811,379,900,00. Beserve Fundi
8,197,423,00 HEAD OFFICE: PEKING.
BRANCHES & SUB-BRANCHES: Canton
Djibouti
Head Office: 15 bie Rus Lafitte. Paris,
Capital --- France 48,000,000. Roseiras
20,000,000, BRANCHES AND AGENCIES.
Hongkar
Bangkok Battambang Montg
*(Peking): Haiting, Tungcho, Haiphong (North): Miyun, Chohgien, Pabrien, Hakow Niulansan, Estanbul, (Ohihi): Hanoi
Tientsin. Psotinfu, Lutsi, Tsinbaj.
en. Sangfang, Shantelfa, Tang- Jahan, Taming, Cholhsien Weinsten, (Manchuris): Changchun, Monkden, Kiric. Taitaihar, Newchang, Liao- yusnchow, Hoho, Krimingla. Taonanfa, Harbin, Dalny, Antung, Tichling, Chinghaien, Sifeng, Hulan. Suiwalo, Halianfa, Ningats, Kung THE HONGKONG & SOUTH chaling Liaoyang Fay, Yenchi.
CHINA WAR SAVINGS ASSOCIATION.
forms A PPLICATION A
THE UNION INSURANCE SOCIETY OF CANTON, LTD.
Honorary Secretaries &
Treasurers.
Hongkong, 15th January, 1519.
IN
Noumea
Papeete
Peking
·
Saigon Shanghai
Singapore
Tenekin
Tparate
Phom-Pahm Vladivostock Pondichery
BANKERS:
FRANCE: Comptoir Kational d'Es
compte de Paris; Credit Lyonnai Banque de Paris et des Pays-Ba Credit Industriel et Commercial Soicete Generale.. LONDON: The National Provincia & Crion Bank of England Led Comptoir National d'Escompte de Paris; Credit Lyanna's
IN NEW YORK J. P. Hergan & Co. Fired Deposits according to scrangement.
Interest allowed on current popunts and Every description of banking and ex-
-A SIRE Acting Kanera? Rangkong. October 21st, 1978.
BANK OF CANTON. LIMITED.
Kaipingsien (Hopeb): Hankow, Shaal. Ichang. (Hunan): Changabs.change businod transactad, |(Kiangen): Shanghai, Nanking. for Soochow Yangchow, Chinkiang. G.P.O. Box 444 larger than it was in July, 1918, Membership of the above wib, Hrachowia, Tungebow. there are one or two favourable Association may be obtained (South): Tsinkiangpo, (Shantung): features which are worth nothing. from all the Banks or from the
Tainan, Tsingtao, Chefos, Tenghsien, The increase in imports, though undersigned.
Lintsinhsien, (Shansi): Taiyuanfu, very marked, was proportionately less than the expansion in ex-
Tunsheng, Binkianhsien, Tatungia, ports, the increase in the latter
(Hons): Ksifung. Chowkiskow, Hsubsien, (Kwangtang): Hongkong, HEAD OFFICE, HONGKONG being nearly 50 per cent as coin-
Canton, Hwatow, Kluzgehow, Fo- pared with a 40 per cent, increase in the former. For the first
kien): Foochow, Amoy, Hankong, seven months of the year the in-
Cheanchowto. Changchewfo, 810- crease in exports amounts 理代泰
toso. (Chekiang): Hanchow, Shach nearly 38 per cert, against an
sing, Huchowiu, Kashing. Wenchow, increase of 14 per cent. in im-
Ninpo, Laschi, Yayac, Haimes, parts. Moreover, the increase in from AUSTRALIA 器 iarge
Klakiang, exports takes no count of the re-shipment of LACTOGEN, UN-(Kiazg): Nacchang. covery in our interport trado, SWEETENED CONDENSED Kaschowfa. Chintebchen, Chian, which has been very substantial. MILK, STERILIZED NATUR- (Anwbei): Wabu, Anking, Panglow, Then, as regards imports, the in- AL MILE, MALTED MILK Lachowie. Tatang, Tung, Lean, crease is not wholly due to higher and SWEETENED COCOA-and- (Szechuen): (Kweichow): Kweiyang- prices, for the quantities also MILK, sold at very reasonable fn, (Shani): Sizzfu, Hangchungfu. show an appreciable expansion. prices owing to the present high (Baiyuan): Kweihwating. Protow The figures relating to the Far rate of Exchange, especially for then (Tsabar): Kalgan Tengchen.
A High Class Latest Modelled Car At a price within the reach of all.
A Cousignment of Studebakers has just been landed. Inspection and Enquiries are cordially Solicited.
JAMES STEER.
21
9. ICE HOUSE STREET. WATCHMAKER AND JEWELLER.
T: 0:
CHRONOMETERS, CLOCKS, WATCHES AND NAUTICAL
INSTRUMENTS REPAIRED UNDER MY
TEL: 2877.
PERSONAL SUPERVISION.
TEL 2877.
SHELL
MOTOR SPIRIT
The Asiatic Petroleum Co. (South China) Ltd.
JUST ARRIVED
A large selection of
LET LACE TABLE COVERS FROUND & SQUARE, SWATOW DRAWN WORK & SIEK EMBROIDERIES, ALL KINDS OF LADIES FANCY GOODS. FOR WHOLESALE AND RETAIL PRICES MODERATE.
SWATOW DRAWN WORK CO., [el, No. 2860,
No 14 Des Voeux Rd. Ct.)
to
Z
JUST RECEIVED
East Bre
given below. The Retailers. exports of cotton yarn to the Straits Settlements shows decrease compared with the cor- responding month of the last two years, but in regard to China and the Dutch East Indies the figures reveal an increase over 1918," but a decrease on 1917, which in the case of the latter is over 50,000 lb. Taking the first seven months of the year there is
general decrease since 1917, although the figures show some improve- ment over last year in amount. In value the figures for 1919 are are greater than those for 1917 in
a
ACT
(Urga): Urga. Haklatan.
HONGKONG BRANCH.
Interest allowed on current sc counte and fixed Deposita.
Terins
on application. Every description of Banking Business transacted Loans granted on Approved securities. Special facilities for home exchange.
TOUTE PEI,
Manager.
HANQUE INDUSTRIELLE DE CHINE, (FRENCH BANK);
the case of China and the Straits SHIU FUNG TAI & CO-***
Settlements. The same may be said of the whole of the cotton end linen piece goods trade, the decrease being particularly notice- able in the case of Siam for the month of July, over 3,000,000. yards being exported in July,
Sole Agents for Hongkong and South China.
No: 47 & 48, Connanght Road Central. Hongkong. Telephone Nos. 1239 & 2230,
1917, and only 775,000 in 1919 CARPET CLEANING
Although the export of soap to Chiná during July of this year was greater than during the same month in the last two years, of
this year shows a large decrease THE DIAMOND DYEING compared with 1917, and also with
1918. The increase in the export of ship bridge boiler plates, black sheets and tubes, pipes and fit- tings wrought to Japan still con-
AND
tinue to be observed. On the DRY CLEANING CO.
as
import side it will be noticed that the figures for tea show, might be expected, a considerable increase, particularly in the
Agent,
case of Java and the Nether; CASSUM AHMED
lands. The silk figures show that in the seven months súdéj July 31, 1918, the trade done with both China and Japan was a good deal more than in the correspond- ing period of either 1917, or 1919. A notable advance is recorded in} the amount of rubber received from all markets of origin, a compared with last year.
General Draper
32 & 34 Wellington Street -
Branch 28 Nathan Road
Kowicon
Fes 76,000,000 Bobscribed Capital
37,500,000 Pax of the Capital 18. F. 25,000,000,
CA becribed by the Government of the Chinese Republic) --
Chairman of the Board of Directors:
Andre Berthelot
General Manager:
A J. Pezzotte
HEAD OFFICE
74, Rue Saint-Lasare, PARIS
BRANCHES "Peking
Bagon
Haiphong
Shanghai Tientsin Hongkong
Hanoi Danton
Mazacie
Tunnanta Vladivostock Foochow
BANKERS:
IN FRANCE: Societa General
pour
favoriser la Development `" da Commerce et de l'Indwetzia ez Prance.
IN LONDON: The London County West
minister and Parra Bank Ltd The London Joint City and Midland Bank Ltd.
IN KEW YORK: Redmond & Cu..
Correspondents in the Chief Commercial centre of the world.
·TELEGRAPHIC-ADDRESS: CHIRAKKIND
Interest på Current Accounté soď Reid Deposita in Loosć Chumenoyrandi to GCøld; Tecutation/application...
Every ́description, of Banking and Ex. change wazinomi tesziacted,
Special facilities for French eenkana
IF
BANKS
ONGKONG & SHANGHAI,
HON
BANKING CORPORA
TION:
Paid-upCapital $15,000,000 . RESERVE FUNDS-
Sterling
£1,500,000 at 2)-
***$15,000,000 Silver $81,000,000
'$36,000.9 .
Reserve Liability of
Proprietors.............$15,000,000
COUNT OF DIRECTORS. Hee, El Past ---Deputy Chalenka
IC & Ob Hon. ME DETAIL F. H. Hook E W. In Pubenden, Yr. 2. W. C. Bear
C MARANER Engkung-X. J. Bad, Bas BLOKS
Kranichalek 9, Shephen, Zep London Bankers London County Mid Wa missler and Parry Bank Lasol
Hongkoka. Interest Alewać” On Current Logouse of Rae rate of 3, per v per shorts on the dubby babie
CIN PROAD DEPORTAS For 3 scuba, ti per ognÁ, BÖDEN Per & months 3 pur 100%, MIROS For 15 mouths, £ yar te06, 2000S N. J. STABB
Chief ManaM
Hongkong, 31st October, 1914
HONGKONG BAVINGS BANK
THE Banks að the showw Bant le mumbscond the BONGKONG AND SHANGHAI KANKIIN CORPORASTOR
Ralue may be påtakeď un piccin INTEREST an dəposits is allowed in the mi Imum monthly baănncis at Syi per tank, ya sab
Deposita's mor transfar, at their opties, balmaci 4200 or 100 sår Boorkant, Fank to be placed on FIND DEFAST V 'Kat, per FLEXDI
For the Hongrove sad kaaszowi Honking Chrome
N. J. STABB,
Chief Manage
lon.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND
CHINA.
Iccorated by Royal Charter 1953
PAILUR CAPTZAD
BEAD OFFICE-LOBLOX. BESERVE FORD £2,000.c KEBREVE ZELEZDETT (
PROPĒTEZORE
TULIAN ECHANOS and Omani Kamm business transacted. CURRENT ACCOURTS opand med VIER) PIPOETES TRcalved for 1 year or shorter POCIDOL / stat Pick wũi be quoted on applications/"
J. L. Crockatt,
Manager Hongkong, 13th April, 1912
THE MERCANTILE BANK OF INDIA, LIMITED.
Head Office 5. Gracechurch Street London. Authorised Capital .....£1,507,000 Subscribed
I aid Up
...... 1,500,000
750,000
785,780
reserva Fund & Rest...
The
BANKERS
Bank of England
London Jsini City & Midland Bank, Simchen
Bombay
Calcutt
Delonsbe
Delal
Chille
FOREIGN EXCHANGE and Banking Business
Hongkong
Hom
Kandy
General
Transacted.
INTEREST ON FIXED DEPOSITS.
For 3 Months 3% per annum. For 6 Months 4% per annum.
For 12 Months 43% per annum.
LOOK POON SHAN,
Chief Manager.
THE BANK OF EAST ASIA LTD. 司公限有行儼亞東
Head Office
No. 2, Queen's Road Central.
Paid up Capital
$2,000,000,00
Directors.
"Mr. Pongal Ting, Chairman.
BRANCHES →→→
Port Londa (Martina)
Xarschi
Enkle Lostyt
Petz
Bugsport
HONGKOES-BEARCH
Every description of Banking and Roskam business tesamċtact
Interest owed on Current Accourcis #6,3 pe cost per Landing our Daly Handmekači dNTPER Depost at raket, which may be lamentnað v sppication.
C. L. SANDES,
Acting Manager.
THE
YOKOHAMA SPECIE BANY
LIMITED.
Established 1880, Authorised Capital Yen 100.000.000 Paid-up Capital ... 42.005000 Reserve Fund...... 28000.000
#7
Head Oce.-YOKOHAMA
Bombay
BLATÍN
Bratches
Butside Aures
And London Lyons
Calcutta
hsogchan Detren
Harbin
Hosalala
Les Angrion
Singapoje
Mr.Chow Bbon Ron. Mr. Li Koon Chunk
Kan Ying Po. Mr Kok Ching Kong 22 You Mr.ban Ching Shek My. Wone Yun Torg Kobe -34. Chan Kat King. Mr. Fans Ping Scan Mr. P. X. Kwok, Mr. Ng Chang Luk
Chief Manager Mr. Ken Tons Fo. Asst. Manager. VT. Li The Forg
Every description of Banking and Exchange
buried transerted.
Los
gated on approved securities. Interent allowed on Current Deposit Account at the rate of 2 per cent per annum, and on Fixed Deposits at the following rate
For 3 months at the rate of $% per annum.
For 6 months at the rats of. 4% per annum.
For 12 months at the rate of 5% per annum.
1
Ken Tang Po.
Chlef YaDege
THE CHINESE MERCHANTS
BANK LTD.,
司 公有行
-19: Galen's Bosă, Central
M. KUUIT DE JOUENEL | 5209stret, at males. Vidca 196
- Huanger,
الarab
Kawodzen New York Oraka
Poking Kangies
itslowed a Carrona Aeconom artred for Ezed periods se rains to be obtaine application.
O. WASHIDŽUME Manager, Hongkong, 16th September, 1919.
INTERNATIONAL BANKING CORPORATION.
READ OFFICE NATIONAL UWT - BAKE BUILDING.
55. Wall Street, Star Turki
CAPITAL AND SURPLUS-A UKUSINI, UNDIVIDED PROFITS.LUE
HTS. O Président and Generat
LOFDOY GFFICE: 34, Bishopsgais, E-G. SAN FRANCISCO QUICK Moergomery' Steen.
BREASTERN - DE APECIFIED) FEN CHINA A Shaoghal,; Páčiní. Tiamin Hanke.
Bagyong." Can186**
JAPAN! Sokak, ochra PHILIPPINES: Méta Cabs. INDIA: Babay, Calite STRAFTS SETTLEMENTS: "Biagvoors DUTCH ZAST INDIES: Batoria. Sonrabays
WEST INDIAN "AND CENTRAL
AMERICAN BRANCHE Fanam, Colon, Medellin, Santo Domingo,
Pedro de Macarla, Basinad, Puerto Pista là addities to our ana Brush
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