Page
INSTMATIONS
THE HONGKONG DAILY PELSS, TUESDAY, FEBRUARY 22Nd 1916.
MOUTRIE PIANOS
HAVE
ESTABLISHED
an unequalled reputation for tone, touch,
artistic construction and lasting qualities.
GUARANTEE
tor
FIVE YEARS.
CASH OR EASY TERMS.
MOUTRIE'S
HOUSES TO LE
FURNISHED FLATS.
Ted their Tregunter Mansions (May WE Undersigned are prepared to furnish Boad) Flats to suit intending tenants. These Fiat have first-class appointments which clude English Baths sud Kitchen ranges, het water supply and water-closets. They are of two kinds, viz.: Flats with 2 Bedrooms d Sitting Rooms and Flaas with 3 Bed- and 1 Sitting Room The latter are specially suitable for Bachelors. Arrange. weats could be made if desired for, the use, sommon with certain other tenants, of the adjoining fresh water swimming bath.
Apply to
rema
HUMPHREYS ESTATE ▲ FINANCE Co, Lro
Alexandra Buildings
Hongkong 26th January, 1918.
TO LET-FURNISHED.
From Mid-April, 1910.
39-2
CHINA'S TRADE IN 1915.
31
A SURVEY OF THE COMMERCIAL
· SITUATION.
FREIGHT MARKET.
Messrs. Snowman & Co., 'in their freight. circular dated Hongkong, February 18th," State:
WHEAT ANOMALY. BUMPER WORLD CROP AND HIGH PRICES.
Cannda
April-May,
We reported just under dato of 6th inst., since when freights have reached a point never before recorded. The rate Saigon to this, which a fortnight ago stood at 35 cents -the highest then ever known has hi the India (harvested
1910) interval stendily advanced to 65 cents, with the exception of a Japanese vessel cf 35,000 Russian Empire Saigon accepting to cents per pioul. The France piculs carrying capacity getting free at United Kingdom
and Austria-Hungary | Bangkok-Hongkong rate is at present no-
dencies thing better than 70/63 cents, which has to compete for the more profitable business Germany tempted some of the regalar Bangkok boats Italy
from Saigon presently offering, and this re- sulted in a good many fixtures in the latter direct on
Dopen
Rumania Balkan States Spain and Portugal. .............. Other European countries....... Northern Africa and sundries Australasin Argentina and Uruguay
At the close the local market for Saigon rice has dropped somewhat, whereas, the other hand, the price for Bangkolt rie has risen by 30 cents per picul since yester-Chile day, bus with the scarcity of tonnage to be reckoned with, rotes, with some possible fuctuations, should remain firmi at last quotation,
*
THE FUTURE OF TRADE.
CANDID COMMENT ON THE GERMAN CHARACTER. Messrs H. N. Batligate & Co., Bristol, give the following mid-season estimates of
The Scorcher, in the Motor-Trader, writ-- The economic situation in China is as
the world's wheat crops for 1015-18:-
Quarters interesting as the political situation (says
ing on The Future of. Trade," says:--I ..126.300,003 The Times Commercial Review): It is,
US.A. (final official)
35,000,003 have seen it.stated in print more than OROS recently that the Government is doing abso indeed, largely conditioned by the latter,
49,000,000 lutely nothing in regard to the trade of but the country has naturally not been
.100,000,000 the future. "That is the sort of statement able to escape some of the consequences of
8,750,000 that is usually made by some writer who the war Trade during the past year
· 32,000,009 | doesn't know a la’porth about it; but is compares favourably with that of 1914.
simply carrying out the instructions of 23,000,000 the party for whom he works. Why should. The first five months of the war, however,
22,000,000 he care! He gets paid for his stuff, and introduced such exceptional conditions
18.000,002 there the matter ends so far as he is con- that the comparison is vitiated and it is
11,000,000 cerved. The two recent speeches by Mr. 6,500,000 Runciman ought to bo pusted up on the asfer to look to 1915 for tendencies rather
17.000.000 walls and hoardings, as they do with than results. For foreign trade 1013 was a
4,000,000 speeches in Francey for they show clearly boom year; imports continued their essen-
6.000,000 that not only is the Government thinking tially speculative character in 1914, but
15,000.000 about the trade of the future, but that it is 20,500,000 very wide-awake as to the likely position, the outbreak of war played havoc with
1,800,000 the difficulties, and the possibilities. I said exports, which were lower than those of
shortly after the war started that in all any year since 1508, silk being a pro-
407,350.000 probability. no matter what happened, miuent victim. As far as the import trade
In commenting on the figures the writer of Germany had ruined herself industrially was concerned. China was at a double
the report says they show that the result is and economically for at least a generation, disadvantage during 1915; she was bound
There is still a gool demand for loadings even more satisfactory then originally sp-Tam more convinced than ever of that, and to suffer from the shortage of tonnage.ond of this new beginning next month, and poured, and the total world's crap is fit the longer our Navy strangles her the more but she was also overstocked, notably in piece goods. Trade has actually been further offers at 60 cents have just been greater than suything previously known. true will it become. No sooner will peace.
High prices in time of great abundance ar better than the Customs returns would ude for early next month landing..
be signed then she will push her trade far indiente, for it has beer passible to work Saigon-Philippines.Reports from the being experienced, the primary reason being all she is worth; but, for my part, I main- off a large portion of the balanco of piece Philippines to hand are to the effect that the difficulty of moving grain from one part tain that Germany ought to be boycotted goods Left over from 1914. For the first milling has been delayed up country and of the world to another, or, rather, the ex by all civilised countries till she has fully six months of the year the Customs this, it combination with a short supply in ressive freights (iemanded by shipowners for expiated the most eclassal crime that ever revenue amounted only to Tls. 17,327,000. Southern provinces, lack of transportation performing this service,
was perpetrated agninat civilisation. Sho compared with Tis, 21,236,000 for the cor-
The present situation in regard to should be boycotted industrially and com- facilities, and a growing belief that the responding period of 1914. Imports from
erop will be less than anticipated, has creat prices," continues the report,is, necord- Great Britain to the end of Septembered a demand from Saigon, where rice isng to theory, entirely anomalois, and the morcinly, as well as socially, politically and in every other respect. When the first were valued at £6,370.000, or nearly £5.000,000 less than for the first sine comparatively cheap, A Philippine-owned must remarkable feature is the high price German under the Emperor, speaks of a a.serap of paper," and months of the previous year.
resse] has been fixed at 80 centaves for ruling in North America in a year when it solemn reaty Cebu, and another small vessel of 14.000 will he found difficult to export the huge when we know that a German will senounce Trade, however, was handicapped by picks for 8 consecutive trips at 80 ets to existing surplus before the end of the so-every obligation that doesn't happen to OFFICES in PAINOR'S Band the political situation, as well as by the Ricula at /or fails, sou, A number of theories have been sug-uit him, how can we have nity confidence war. The Yuan Shih-kai régime has been whereas a lucnl vessel was taken up for gested for the present advance in North in his contracts! Besides, we know now in many respects a conspicuous advance another trip on basis of 35,000 piculs at
American markets, and a great deal of tho that they come amongst us and other on previous conditions. The centralization
ment for commandeering a certain quantity that they are extra amiable in their feelings good; reforms have in a number of cases
of wheat. That probably had something to towards this country. I know that there passed beyond the paper stage, although Saigon Java. Owner, can do much bet- do with it; but there are doubtless also other it would not be fair to look for much
are decent Gerinnas fine chaps, splendid ter in all kinds of other directions and are result within so short a time. But the not interested at the moment in such
fellows; but we have to take the German Certainly we think that financial mag in the lump, and taking him in that way redemption of the note issues of the Re-freights at anything near the rates indinates in New York have endeavoured to volution period has been carried out; cated by charterers not
we know that he is by evolution a degene even with the force up the price of wheat; then, again, rate; by breeding a brute; by inst net s currency, it is true, remains more or chaotic, but there ng been an improve guarantee of securing a sugar freight from it is reported that Germany has been burbully; by nature a traitor; by profession a Java to Hongkong at 30 cents, at which ing in America for delivery "after the war latter rate a Japanese steamer is just is over. We have also to remember that by choice a end; by accomplishment an assassin by training a murderer lying the Australian Commonwealth has convert thief and scoundre! whose desire is to "do ported fixed,
Bangkok-Hongkong.-A. emalt "outsaider" ed itself into a huge grain trading concern,
aryone who has the misfortune to have was placed at 65/58 cents. The berth rate and it seems apparent that the Australian Pealings with him. Therefore, although I now stands at 70 cents, but with the anti-Government is determined to get the very am a Free Trader-it is worth noting, by oipated better rise marke, locally the rate last farthing for every pound of wheat that the way, that the protected countries in- should advance to at least 75 cents ere long. It sells although the expectation was that volved took the taxes off food when the war Dalny-Canton.-A solitary fixture has Australia would come to the assistance of broke out-I shall vote for any scheme that will tend to make it impossible, or event difficult, for Germany to regain the place in the world's markets that she occupied
give them both fair warning. It is pretty- formerly. The same applies to Austrin. I
he was in a couple of years ago, we shail to get back to anything like the position
in a few years. That is what has to be there are people who probably, consider Fuarded against at any cost. No doubt, themselves" patriots," and who are patrio tically making inflated profits at the pre- sent juncture, who will be keen to dent with
to prevent this that strong toeasures may
ecome necessary.
TO LET.
Wm. Meyerink & Co.
..Apply ----
BUILDINGI, Second
ALEX. ROSS & Co., Liquidators, WM. MÜTIRINK & Co. Hongkong, 9th February, 1916. [352
TO LET.
FFICES in Queen's Building.
Apply..
OFFICES
THE HONGKONG LAND INVEST ¡MENT & AGENCY Co., LÆD. Hongkong, 8th Doonmber, 1915. [108
[805PRAX
RAIGMIN EAST, 180, PEAK, Moderate
Cont. Year or longer.
Apply-
T. K. DEALY,
Craigmin Fast, or
Queen's College.
Hongkong, 19th February, 1910.
TO LET-FURNISHED.
[306
For two months from the end of Murch.
TO LET.
TOB. and 10 MOUNTAIN VIEW
Apply to
M. J. D. STEPHÒNG. Hongkong, 12th November, 1915.
NO 1518
TO LET
197
of government in Peking is all to the 25/87 cents per pieul to 1 option noris blame is attached to the Canadian Govern peoples only to betray us, and we also know
less
ment is the stability the Chinese dollar. In 1916 the controversy over Republican and Monarchical forms of government tended to revive unrest, and the banks. both antive and foreign, adopted a cau- tious attitude, with immediate results to the course of trade. The negotiations between the Japanese and Chinese Govern ments also gave rise to sume nervousness and led to a boycott-effectivally enforced for some time-of Japanese goods. In spite of these adverse conditions there was marked expansion of the tea, silk, and cotton industries, Tea has at least secured
P.I, respectively.
come to pass at the enhanced rate of 50 cents against 55 cents per picul
reasons,
the price of wheat.
the Mother country in helping to keep down "Que good feature was the fact that Aus Coal freights from Japan remaju exceed-tralin announces that definite arrangements TO. 11, GAGE STREET, from 1st January, the attention of the Central Government.gly firm and Yen 4 per ton is now offer had been made for the export of at least
Under the auspices of the Ministry of ing nay size prompt and forward delivery. 1,200,000 quarters of wheat during January certain that if Germany's trade enables her Agriculture and Commerce, experts are supervising the growing and manufacture of tea, and efforts are being made to stop only be expected, been altogether neglected, less than 1.000,000 quarters in the first six have all this bloody tragedy enacted again artificial colouring. These mansuroes have been rewarded by the best tea season for 10 years, the export to Great Britain alone showing an increase of 15 per
cent
tó 169,208.000lbs. for 1913-14 from 189,250.000lbs, for 1914-15. Silk and cotton
Apply to-
J. VINCENT BRAGA,
Toyo Kisen Kaisha. Hongkong, 18th November, 1915, [100
TO LET.
HOUSE in Kambalord
Apply
THE HONGKONG LAND INVEST. MENT & AGENCY Co., Ltd. Hongkong, 24th October, 1916. (37
FIVE-ROOMED BUNGALOW, at the ABOU
APRAK
Apply to--
W. L. PATTENDEN,
Care of GILMAN & Co.,
Ba, Der Voont Road,
Hongkong, 18th February, 1916,
TO LET FURNISHED.
NPRAE
From 1st April, 1916
(204
TO LET.
70. 3, STEWART TERRACE, THE Beldings, Kowloon.
Apply
A. J. P." Care of Daily Press " Ofoe. [263 Hongkong, 11th February, 1916.
TO LET-FURNISHED. TO. 5, MORBISON HILL -Roomed Home, 4 Bedrooms and 4 Bathrooms. Vacant from 1st March.
Apply
HARRY WICKING & Co. [235
·Hongkong, 3rd February, 1918.
TO LET.
Terme,
WO ROOMED-FLATS in Nathan Rçad, TWO
Kowloon. THREE-ROOMED FLATS in Humphrey's FOUR ROOMED FLATS in May Read, every modern convenience, including English Bath and Klichen Range, Hot Water and Water Carriage System. A few Flats specially designed to accommodate three bachelor at reasonabla rantals. Immediate possession,
FOUR-BOOMED HOUSES in Gordon Termoe and Salisbury Aveune, Kowloon,
Apply to
HUMPHREYS ESTATE & FINANCE
Co., LTD. Alexandra Buildingen Rongkong, 2941 Desember, 1918,
Alandid set of OFFICE ROOMS on the ASAHI
First of Des Voeux Road!
Central (above the Robinson Piano Co.), comprising Thres Large and Two Small Rooms with Outhouses and Servants' Quarters. The Premises are being thoroughly repaired and renovated, Contrally located in the vicinity Bent of the Banks and Shipping Offices.
moderate.
Apply tom
MOW FUNG & Co., 10, Des Vaux Road Central.
Hongkong, 18th February, 1914.
TO LET.
[30%
FFICES, 5, Daddell Street, now in
OF
pocupation of Messrs. Radecker & Co.
Apply
THE HONGKONG LAND INVEST. MENT & AGENCY Co., LTD.
Hongkong, 17th February, 1916.
TO LET.
[293
AVENSHILL BAST, Park Road, containing 6 Room, 3 Bath Rooms,
RA
Servants' Quarter, &c. Vacani lat November.
Apply
DEACON, LOOKER_DEACON &
Hongkong, 19th October, 1915,
HARSTON
TO LET.
(90
TWO HOUSES in "STONEHENGE," No. 5. Robinson Road. Newly done-up and remodelled,
Esok House contains downstair Two Good Rooms and upstairs Three Bedrooms, each with Bathroom.
Onthouses aud (rses Taunis Court. Shortly available for occupation. Apply to
DAVID SASSOON & Co., LTD. [113 Hongkong, 2nd Desember, 1915.
DAI NIPPON BREWERY
[277
cotton
made, a striking recovery after the de- pression of the first half of 1914. Chinese mills reaped a harvest while. Japan's yara trade was suffering from the boycott. The total number of spindles is now close upon a million, with 152,000 additional spindles in course of construc- tion.
.
Freights from Hongay-Port Courbet and Haiphong to Canton-Swatow have, as can although tonnage could be placed at $6.50 to $7 per ton.
Sail Tonnage in Port.-None.
Messrs. Snowman & Co.'s latest advices
and February. From another source we learn that Argentina will also export so or eight weeks of the season, and the fact of these two exporters entering the market at this time should render us very much less dependent on either U.S.A. or Canada."
received from London dated 7th January, SEA POWER AND POLITICAL Germany when opportunity arises. It is 1910, are as follows:-
We have again to repart further in creased rates in every market.
equivalent rates to Bombay and Calcutta.
Time Charter.-Business has been very tonnage, and also the increased enter asked difficult to effect owing to the scarcity for by owners. For Transatlantic trading, a large boat has accepted a lump sum, which works out about at 50/- on the d.. for the run home from the States with re-delivery U.K. This is a rise of 2/6 on the last fix ture in less than a week. For 12 months Transatlantic trading 30/- can now readily be obtained for British steamers, and for Eastern rounds owners are accepting 27/6 Meantime, there is still a good demand for hands steamers for time charter for the home coal trade, and if any suitable boats were on the market they could obtain quite remunerative rates.
GOLLIWOGS.
No national crisis can, it seems, be Far Eastern Trading. With rice markets weathered without invoking the name of When Lord Rosebery Indicating 150/-, owners of tonungs in this Oliver Cromwell: direction will not entertain anything like violently ruptured the Nonconformist con One outcome of the war was that no what bean Chasterers can afford to pay through his
science by winning the Derby, it was only ambitious loan, achemes could bo put and we again have no fixtures to advise
able to prove that the through, and railway construction suffered Rice. Although these Charterers are ex-Turf that he retained the dominant posi
Protector himself
wag a votary of the in consequence. The Government, how ever, encouraged by its success in 1914, have been done, and rates are rising daily. Asquith himself has, in his turn drawn. seedingly anxious fur tonnage, no fixtures
tion so essential to a Prime Minister, Mr. decided to float another domestic loan,
considerable dialectical nourishment from carrying interest ut 6 per cent., this time In addition to the difficulty with regard to for $24,000.000, the actual amount sub-the shortage of tonnage, Japanese steamers, Old Noll. And now the Navigation Act scribed the previous year. A feature of which were the sole remaining hope of the is being cast in the teeth of the Ministry the flotation was the appearance of a nice people, are now declining to come eřá in order to prove how little they have foreign bank as one of the issuing and the Suez Canal, and rice Charterers are now guarded the maritime supremacy which subscription agencies, Certain revenues arranging to bring their cargoes via the the Commonwealth gave us. Where the were allotted as a guarantee for interest Cape, which route, however, will, of course, orities err is in the endeavour to draw a parallel between the circumstances ob- and amortization, as in the case of for mean still higher rates of freight, eign loans. The foar is said to have been
India-Bombay has now paid up to Kavigation Acts would not have given as of in 1651 and to-day. A score over-subsoribed by $1,500,000, Further, 117/8, and Calcutta has repeated 147/0 d.w. the sum of £750,000. being part of the basis. Madras Coast and Malabar Coust are the command of the seas had Blake failed $2,000,000 set aside from the Reorganiza.badly wanting bonts, and are willing to pay clarations of London (had such insanity to trump von Tromp, and a hundred De- tion Loan of 1913 for the Salt Gubelle,
been dreamed of a century ago) would but not used, has been handed over to the Government for administrative purposes
not have compelled the shipping of the world to strike topsails when the British BEER of are and for the reduction of certain short
flag was sighted. It was the force of pointed out that at a time when the
arms that made the Navigation Act a a decline the
working proposition, and it was Trafalgar. Customs revenuo shows successful working of the Salt Adwinis
that compelled courtesy. To-day we are tration under Sir Richard Dane is prov.
stronger on the waters than we have ever. ing of greas value to China. The revenue
been in the whole course of our history, and yet Lord Crewe trots out as an excuse last year was £6,800.000.
for inaction the trammelling conditions If the keynote of the past year has been tendencies rather than results, the
of international law," and Lord Robert Cecil glows himself into a white heat over LOST conspicuous tendency is, provided
The conditions our neurotic hysteria. hindrances do not supervene, towards a considerable expansion of trade and in
which seem so sadly to hamper Lord Crewe can only be deened effective so long dustry in China. Such, indeed, is the conviction of all interested circles, and
as they are equitable, and we are the Japan
people to say whether they are just or definite staps both in America and
Rot. This is no time for juridical niceties are in progress with a view to taking the
or pretty prattlings of potatoes, prunes, utmost advantage of this expansion. The
and prisms. We are armed with a weapon question arises whether Britain is to be
which could bring the war to a close and The past. worsted in the competition.
we are not using it to its full extent year has been put to good purpose to
and no sobs of piracy or buccaneering learning something of Germany's methods
will ever convince me that we are doing for puaking business and of the hold she
our duty so long as we deliberately has established on China's trade. It is
A Madras paper has received from one significant that, while conditions are fair whe witnessed the event at close quarters foregs an advantage because we ly satisfactory in most parts of tho most interesting account of the destruc-frightened of brushing aside some worn. country, Hankow should suffer most from tion, some time ago, of a German sub-eaten legal cobwebs-Fairplay money stringency due to decreased ex-marine. The presence of the-hostile sub- ports. The circumstances reflects the ex-marine having been detected, the small ves tent to which the local export trade was sels used for chasing and trapping them in the hands of fermans before the war, steamed rapidly and irregnarly in
It rests with the Allies to decide when A Special Commissioner of the Board ofishing circles until it was certam that the German ships shat again take the seas, Trade bas been inquiring into the pro submarine was thoroughly entangled in it does not by any means follow that spects of British trade in China, but, if the huge nets between them. They then that freedom will come with the signature the fullest benefit is to be obtained from proceeded to lower powerful charges of of peace. for without British, French, his investigations, his visit must not be certain explosive to the depth at which Russian and Italian ports to call at- not to mention those of Japan German mere'y a Bash in the pan. Not only must the trapped submarine was estimated-to
vessels could not be run at a profit, says British merchants tako bis warnings to be, and an electric current was applied. heart and act upon them but the Govern
Such terrific explosions destroy the ash Mr. Archibald Hurd in the Daily Tele ment ought to supplement its Commis marin, if they occur near it; if they occur graph. So long as the war lasts Gormany sioner's good work by appointing him me way off they cause a huge a discannot break the iron constriction which has been placed upon her, and when the and others to assist in the carrying out turbance below the surface that the sub-
Between of his recommendations.
the ma
war ends that constriction, in a modified marine is driven ap and then, if not merchants Do something to help us and already smashed, it falls at easy prey. form, can be continued by the Allies until the Government's "Do more to help The Germans are understood to dislike Germany has made the fullest reparation
those against whom she has signed yourselves there is danger of British this method of dealing with them. Nor interests falling to the ground. Both do they approve of a certain other method The price will be a high one, but paid it parties should do their utmost, without of combining bombs with nets independent must be. The massacre of Belrium and waiting to see whether the other is moving of boats, whereby the enemy submarine the submarine piracy demand the most
determined, ruthless measures commits suicide.
CO. TOKIO
JAPAN
OBTAINABLE EVERYWHERE.
·SOLE AGENTS
MITSU BUSSAN KAISHA. HONGKONG.
108
NEW WAY OF HANDLING SUBMARINES.
dimin
to
GERMANY'S MERCHANT SHIPS.
Bre
HONGKONG VOLUNTEERS.
CORPO ORDERS BY LT.-00L, A. CHAPMAN, V.D.
IEAVE.
1-Capt. G. G. Wood is granted leavo of absence from 218. February, 1916, to 3rd April, 1016.
PARADES. 2.Parades for to-day, nil,
DETAIL
Right - Section
3-On duty to-night
M. G. Co. On duty to-morrow: No. 2 Section.
Artillery Battery. Orderly Officer: Lieut. Preston,
G. E. STEWART, Capt.,
Adjutant, HK.V.O.. HONGKONG POLICE RESERVE.
ve
MUSKETKY PART. 1.
The highest scores made on Sunday, Feb
ruary 20th, were as follows :-
NO. 2. COMPANY. 1. P. Koza (2nd). 2. D. C. Baptista
(4th) 3. F. M. Cruz (1st)
4. H. M. M. Remedios (3rd)...
5. A. D. Barretto (3rd)
M. R. Pereira (1st)
7. J. M. Britto (2nd)
8. C. A. P. Xavier (2nd) 9. J. M. Noronha and M. E
Baptista (2nd)
10. E. M. Castro (4thy)
NO, 1 COMPANY, NO. # PLATOON, I. É. S.. Ford.
3. T. Ramsay
3. W. S. Baile 4. A. Íreson
74:
29882856 21 F688
60
WARNING, SUNDAY, FEBRUARY 27TH. All ranks who (1) have passed Part I and (2) have not fired Rauges A to D in Part II, are warned to leave Blake Pier at 0.00 .. punctually on Sun- day, February 27th returning from the Range at about 12.30 p.m. Five men absent without leave on Feb-
ruary 20th have been put on default" sheet.
ORCHESTRA PRACTICE: Wednesday, February 23rd-at-6-p, Thursday, February 24th at 6 p.m. Saturday, February 26th at 6 pm.
F. C JENKIN, D.S.P. (B)
Mr. Warner Allen, special corres pondent of the British Press with the French armies, writes that nothing is more amazing than the elaborate way in which aeroplane photographs are fitted together, like the pieces of a jigsaw puzzle. until they form a whole from which not a single section of the trenches and not a single little point merk that marks a machine gun ar mins-thrower shelter have been omitted.