1925-09-01 — Page 2

Divery

20%

DISCOUNT ON ALL

DRY-CLEANING

ORDERS DURING

SEPTEMBER

OUR OFFER

CANNOT

REPEATED

#

BE

ONLY ONE MONTH

SEND YOUR

WINTER CLOTHES

NOW.

THE STEAM LAUNDRY CO.

HEAD OFFICE & WORKS YAUMATI, Tol. K.3? TIONOKONG DEPOT; 16, Stanley Street, Tol. C1278 KOWLOON HOTEL DEPOT

KOWLOON DEPOT; 10, Canton Road

PEAK HOTEL DEPOT:

HONGKONG HOTEL: (Visitors only).',

PICCADILLY CLUB

IBREVAS IFINAS

AN EXCEEDINGLY

FINE SMOKE

$4.

BOX JOF

25

SOLE. MANUFACTURERS

THE HONGKONG TELEGRAPH,

·B. VANDERTAK & CO.

HOLLAND

OBTAINABLE AT

TUESDAY, SEPTEMBER 1925.

EARLIER TELEGRAMS.

THE SHIPPING STRIKE.

Melbourne, August 31. Important developments are likely to result from the sacret conference at Sydney last week-end between the labour leaders and the trades-unionists. It is understood that labour is endeavouring to settle the strike preferring to fight the deportation issue In connection with which thero is talk of a federal election.

A leading member of the Cabinet is of the opinion that an election will be held in a few months. Soveral applications have already been made to the Government to join the special police although the bill has not yet been approved by the Senate which passed it on a second reading after a strenuous debate. Sum- monses have been served 'requesting Messrs, Walsh and Johannson to appear before the deportation board on the 3rd. September. Reuter.

Durban, August 31,

"

The shipping strike has extended and five vessels are now affected.-Reuter.

Johannesburg, August 31.

The Transvaal labour conference has passed a resolution, res cognising the justice of the seamen's strike and calling on the Government to refuse, support the shipping companies against the strikers. Colonel Cresswell, the labour minister, opposing the resolution, deprecated the action of the men refusing to carry out" the agreements entered into by their unions-Router.,

STINNES LIQUIDATION.

Beriln, August 81.. The banking consortium entrusted with the liquidation" of the Stinnes concern announces the successful completion of its labdurs, by which the Company's debts of 120,000,0000 Marks will be fully paid and a further twenty million Marks are expected to remain to the credit of Hugo Stinnes heirs.. This unexpectedly successful result is due to the utmost exertions of the consortium of twenty-two banks who realized that a catastrophical result would have followed if they had falled, It is stated that the Stinnes coal mining business will be floated into a public company with a capital of twenty-five million Murks, a large part of the shares being handed to the Stinnos family, after the creditors of the old-concern-have been paid-off

BANQUE INDUSTRIELLE DE

CHINE."

THE GOLD DOLLAR BONDS.

Far Eastern Creditors and the

Settlement.

We are requested by the Banque Industrielle de Chine to pablish the following statement:

It will be remembered that,

TABAQUERIA FILIPINA according to the agreements arrived

38, Queen's Road Central.

FIRE PROTECTION

Is your house provided for in

FIRE ?

If not, you should lose no time in installing the simple, economical and SURE safe guard :—

FOAMITE-FIREFOAM

Full Particulars

from-

THE UNITED

ASBESTOS

ORIENTAL

AGENCY LTD.

2, Queen's Bldgs.

Tol. C. 236.

case

of

Fresh Air on Tap

WHEN it is "set fair” with

e thermometer in the eighties you can always com- mand a refreshing breeze from

your

Electric Fan

It will keep you fit until holiday-time, and ountain you at concert-pitch afterwards.

a small

One unit of electricity will drive fun for 20 hours.

THE CHINA LIGHT & POWER Co., {(1918) Ltd,

SHOWROOM-62, Nathan Road, Kowloon."

TelephoneNo. K. 677.

Reuter

HANKOW INCIDENT.

NEGOTIATIONS CLOSED.

Hankow, August 31-Replying |to advances by the Commissioner of Foreign Affairs for the resump- tion of local Sino-British negotia- tions in settlement of the Hankow incident, Consul General Porter informed the Chinese that no use- ful purpose could be served thereby.

-Reuter.

In order to decide who are Far East Creditors the interested par- ties should submift proof that they other of the came under one or categories above mentioned on 26th July, 1921.

at in July and August 1922 be- tween the French and Chinese one or other of the Agencies of the Governments, and ratified by the Banque Industrielle de Chine. French Law of February 8th 1928, the balance owed to France of the annuities of the Chinese indemnity of 1901 should be used firstly for the service of interests and amor tisation of the 50 G.S U. S. A. Bonds issued to the Far Eastern creditors. of the B. L. C. in place of the re- partition bonds bearing no interest, to which they have a right accord ing to the Agreement for Transac tional Settlement.

The enforcement of this agree ment required long negotiations which recently came to an end by the signing by the French Minister in Peking and the Minister for Foreign Affairs of a supplementary agreement which enables the B. 1. C. Lo fulfil those conditions of the Transactional Settlement concern ing the Far Eastern creditors.

The designation of Far Eastern Creditors shall apply to the follow ing categories:

ог

The bands offered to the Far Eastern creditors are of 50 G.S U. S. A. and bearing interest at 5 per cent, payable half-yearly that is to say G.$ 1.25 on the 15 January and G. 1.25 on the 15th July, of every year. The first coupon due on 15th July will be paid on delivery of the bonds.

The bands are redeemable in 23 years by drawings taking place on the 1st December of every year, reimbursements being effected on the 15th January following. The first drawing will take place on 1st December 1926.

Payment of coupons due and reimbursement of drawn bonds will be effected:

(A) In New York in U.S.A: Gold Dollars at a place to be designated

(A) Persons, Companies Associations belonging to one or by the Societe Francaise de Gerance

ather of the Far East States.

(B) Creditors (persons or Cor- porate Bodies, Companies or Asso- ciations) arising from:

de la Banque. Industrielle de Chine (Franco-Chinese Institution).

Saigon at the offices of the S. F. G. (B) in Peking, Shanghai and

ete, and in all other places which, (a) Transactions carried out may be designated by this Company with "one or other of the in local currency at the rate of Agencies of the Banque a exchange at sight on New York on dustrielle de Chine in the the day of presentation. Far East,

(b) Sums deposited in one of

these Agencies.

Annual payments which are to assure the service of the interest and amortization of these boods are secured on the revenues of the (c) Claim Vouchers (Drafts,

Chinese Maritime. Customs and on bills, cheques, letters of

those of the Native Customs Credit, etc.) due by the administered by the Chinese Mari- Banque Industrielle de Chine, and payable at one or other time Customs in the open Ports of the said Agencies or for and eventually on the revenues of which one of the said Agen- the salt Gabelle.

These Gold $ Bonds are signed]

eies may be responsible. by the Inspector General of the (C) Persona, Companies or Chinese Maritimes Customs who is Associations established in the Far charged, as is well known, with the East or who are there represented centralisation and distribution of by Agents, Branches.or Offices, in both the Maritimo and Native Cus- respect of Far East" transactions toms.

Discriminating smokers make a practice of insisting on

The

Three

Castle's

MAGNUM CIGARETTES

Also packed in Regular 205 & 50

The Castles

MAINUMS

SUSANNAT IS TRAUMs by the British-Atuerman Tobaccŭ Co., (China) Lid,

Cigarettes

WECHOWIES Bristol London

"A-138

THE AUTOMATIC FLOOR-LEVELLING DEVICE CAN BE FITTED

TO LIFTS WITH PUSH BUTTON CONTROL,

DUAL CONTROL,

CAR SWITCH. CONTROL.

ESTIMATES FREE

EVERY LIFT MADE BY THE

EXPRESS LIFT CO.

IS FULLY GUARANTEED BY

THE GENERAL ELECTRIC CO.

OF CHINA

Queen's Bulldings,

Mrs.

SEKAI MASSAGE

carried out with an Agency of the The Far Eastern creditors, of the Banque Industriello de Chine B, I. C. have already some months situated in any country whatso ago been asked individually to make it known if they wished to receive Gold Dollar Bonds instead of Re-Yo, 2, Duddell Street, Hongkong partition Bonds) an option which

ever.

Companies or Associations having their Head Office outside the limits

of the Far East, but all of whose

activities and operating centres aro situated therein.

is reserved to them. by Art 8 of

Tel. No. C. 4483, 2nd, foot.-

tho Transactional Settlement. MASSAGE HALL

Those who have not yet replied and who wish to get G.§ Bonds ARE (D) Persons not coming under ↑ REQUESTED TO MAKE - IT- category (A) but having their cus+ | KNOWN AS SOON AS POSSIBLE tomary domicile in the Far East; AND IN ANY CASE BEFORE 31st and who have become Creditors of; October.

UZUNOYE Expert Masseuse,

-57, Queens Road, Central. 2nd Moor.

Hongkong.

No Up-to-Date Building is complete without its

Express' Lifts

ELECTRO--PLATING.

OVER TWENTYI ABS EXPERIENCE in the Electro- deposition of Metals in Hongkong places in a position to offer reliable and offfolent service for the plating of attioles in Gold, Silver, Nickel and Copper.

Artistic finishes in Bronze, Antique Copper, and Oxydized Silver."

Polished and Lacquered Brassware.

William C. Jack & Co., Ltd. Electrical Engineerd,

Central 358.

Astor House Bldg., Hongkong.