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INTIMATIONS
THE HONGKONG DAILY PRESS. THURSDAY,
A VICTROLA
adds the pleasures of the Theatre to the comforts of home. Call in and let us demonstrate it to you.
STYLES
The Instrument
(strated i Vicerole 24
AND PRICES, TO BUIT ALL
EXCLUSIVE AGENTS:
MOUTRIE'S
SUN
HATS
Made on Cork and Rubber or Felt bodies, covered with
a strong white Drill, leather bound and chin strap. Have smart white Poggarees, ore light in thoroughly sunproof and waterproof, Inexpensively
1. Priced at $7.50 Weight,
and $10.00 each.
$9.50
MACKINTOSH
CO., LTD.,
Men's Wear Specialists,
16, DES VIEUX ROAD,
TELEPHONE 29.
[109
BALLANTINE'S
AND STOUT
BEER
TEL. 686,
TRADE
MARK
HONGKONG SHARE MARKET.
Meirs. Vernon & Smyth, in their weekly share report, dated in 191 April, 1917, state: ---
Owing to the sourly departure of the uni] this week, only a shor, periód has elapsed since our last report of 13th
APRIL 1UTH,
BRITISH CHAMBER OF COMMERCE,
A SURVEY OF THE YEAR'S WORK
The annual general meeting of the British Chamber of Commerce, Shanghai, was held on April 13th, at the Palace Hotel.
inst. During the interval our local Mr. John Johnstone, who presided,
1917.
France, Avenne Edouard VII. and The Bund, a fitting position, I think, for a
semorial such as is proposed.
THE PRESENT BITCATION.
COMPANY MEETING. YANGTSZE INSURANCE
ASSOCIATION-
The 27th ordinary general meeting of shareholders of the Yangtza Insurance Association, Ltd., was held at Shanghai,
Taking the whole year's working, I Think
we have every reason to be proud of our record and basing our opinion of the future on what has been accom lished in the past, there is ample evi dence that the Chamber will
herome increasingly useful. Our relations with on April 13th, neighbouring Chambers have been, I am pleased to say, of the very best. For
the
The Chairman Mr. John Prenticà
market has been very quiet and inactive said the balance in band amounted toast two years, our enemies have been mentioned that the Yangtera" had
and pricca in some instances, have Tis 2,683,96, and the membership num sagged, more from the absence of bust-bered 258..
Alor Gajahs Ayor Punns
Glen-alys
Kedahs Kempas
Malaka Pindas Malakoffs
New Serendahs Bandycrofts Tapahs
12.75
2.65
busily organizing for trade after the war opened & Fire Insurance Department, and by every means in their power have in consequence of marine and bre in- been endeavouring to undermine the Bess-taun from any pressure to sell. In. After referring to the success of the reitige of Great Britain. China hassurance having, during the past few vestnen, stocks keep firm and are dif- Chinese Language Schools inaugurated now decided to take a hand in the game years, become so closely connected one the with the other. Referring to the report side of common: ficult to obtain at quotations. Shanghe by the Committee of the Chamber, the herself and has ranged herself on
humanity. It is possible, market shows a better tone and somewhat, Chairman proceeded: The work in contherefore, that German preparations for and accounts he said:
ous post-bellum trade and the capital she has I will first refer to the working account improved prices Singapore market has nection with the publication "of
sunk in preparing the way thereto, will been quiet with little alteration in rates. Journals continues to grow, and there be brought to nothing. This must not for 1918 and former years, the result of The following are latest wired quota-can be no doubt that the information cause as to relax our efforts, however, which, your directors feel suro, you will tions→
which we are enabled to bring before It simply means that a cunning und un consider sutistaciory as it shows a credit scrupulous foe, whose methods to capture balance of $1,071,017.09 after transferring 84.25 Chinese through their medium will prove trade have been on a par with the manner the amount of 8313,900.24 to the credit of in which he has waged this war is for exchange investment huctuation account Your of increasing benefit to British trade.
a time no one can possibly put a limit in order to close this account.
directors recommend the payment of a 4.38 At our last meeting I informed you that to the period-rendered hors de combut,
We new meet atliers, we ourselves for dividend of 25 per cent. Gut of that 8.23 the circulation of the English Journal the time being at a disadvantage, but mine and to place $250,000.00 to the new reserve fund to be called was nearly 700 copies and the Chinese we meet them in fair competition: any credit of
investment and exchange reserva
This
balance maintained if we fund.
WHL love be 4,50 Journal 10,000, To-day the circulation ascendency we at present have in trude,ne
however, cannot
move ot $651,017.09,
which out of 6,000
of the former is approximately 800, while are content to allow matters to
The
we recommend that a sum of £1,000 bo 27.00
donated to the Sailors War Orphans' the last issue of the latter reached 13,000 along from an initial impetus. copies. The value of judicious publica-quality of British goods, and our re-
putation for fair dealing will carry us Fund.
working Account far, but our efforts must be continuous.
1916 With tion has more than made itself Felt,
Gentlemen this Chamber was formed to balance at credit of $2,254,518,25. I am As regards the Chinese Journal, it is further British trading interests and afraid this account LOORS very much booming increasingly popular and many diplomatic paths are tortuous, but if we better than it actually is, tor, since Sep- are the inquiries received from inland are to be abreast of the times we shall tuner inst, our losses, most of which have to study more closely than hereto have not yet been paid and therefore do towns and cities and remote parts of the fore our relations with China, and not appear in the accounts, have been Chinese Republic for British goods. It through our Chamber to bring the con- terribly heavy, both against marine and has been the means of making known to ditions obtaining here to the closer know-war perils, particularly the latter. All There is a war risk business, is speculative and we ledge of our Government. dwellers in these far distant parts the great future before British trade in have avoided, to a great extent, those China, and we must use our beal en- risks of an exceptionally speculative value of British goods.
deavours to see that that trade is fully character, but with the sudden and un- developed,
expected changes in the war zone it has Mr. S. Little in seconding the probeen practically impossible to avoid such posal
o adopt the report and accounts risks entirely and escape the heavy losses said that one of the great things they len have been reported during the
China. For the first time in were doing was to unify British in past six or seven months,
Marine losses have been exceptionally months, the history of British trade in the Far heavy during the past fow East they could say it was articulate argely in consequence of the increased It could now make known its wants to difficulties of navigation, owing to thẹ China and to the world and speak with war, by the suppression of lights, and no uncertain voice a voice which was by vessels being employed in trade for
which they were not intended. listened to by their own authorities,
Plantation Rubber in London is 3/2 per 15. Bar Silver is quoted 369-16. Sterling TC. is 2/4, Singapore TT is 1001, Shanghai TT and the Bank's buying rate for three days, bills are both nominal.
BAXKS Hongkong
and Shanghais have hen done at the improved figure of ga0 and could probably be placed at 87121
sante,
limited number of shares obtainablo
bons are in demand at 832..
say,
BRIPPING AND EXPORTS.
terests in
workin
and his
that in the near future most of this loss in exchange will be made good again, and, when that takes place, we shall have a handsome balance it credit of the re- serve fund.
show a slight improvement and sales legislation is to be invoked it should be British and Chinese trade in this country and therefore it is not possible, to say
MARINE INSURANCES-Unions have been done at $012 and there are further I couple these two under the one head- buyers. Cantons am wanted at $375, bating because both are to a great extent no shares are coming out. North Chinas inter-dependent. The same problem with remain nominal at Tls, 150, and Ying which we were confronted last year the lack of tonnage has occupied a great tazes are quoted 217 (exchange 73) ex
deal of your Committee's attention.. dividend of $18, also nominal.
The scarcity of tonnage has made itself FIRE INSURANCES.-China Fires and
RELATIONS WITH THE AUTHORITIES.
Having had an exceptionally profitable - Hongkong Fires, are both in demand at increasingly felt during the period under
Their relations with the British Goy year in 1914 we recommended inst year $135 and $30 respectively, but no busi review, and the resulting diversion of
an additional special dividend of 5 per ness is reported, The China Fire Com-cargo vid Japan, whence it has been ernment had been cordial and intimate.
Chamber flere had always been a div under present uncertain circumstances, Fany has declared a dividend of $8 per possible to reship at rates cheaper than Previous to the establishment of the cent, but this year we think it advisable, were obtainable by the Conference lines, sign line between officials and merchants. to revert to our old rate of a special has had an adverse effect op certain That was in process of disappearing, if dividend of 5 per cent, only, to be paid. had not entirely disappeared. Cordial out of interest earned during 1916, which SHIPPING --Markey bus been very quiet classes of Export Trade. At the request relations with the anthorities had been will cost $36,000, and carry forward a Douglases have not come to business, bit
01 H. M. Government a mercorandum very much furthered by the representa balance of $2,216,18:15, which we hope are quoted sellers, and probably only has been prepared setting forth the sh-tion on the committee of members of the may be suinciens to pay the very heavy Joses pending against as years ópera Consular staff they had had Mr. Rose, at the rat, Indo China Deferred are ping and export situation, but, while who was an indefatigable, and tireless tions.
investment Fluctuation Lachange lower. Business has been done from the mentorundum itself will probably he worker. He had put in more
the committee,
UTE DOG ny
Was Teamount oË 31261 down to $124) and they close with of considerable assistance to our Goverconnection with the Chamber than any Account-As you will see from the re buyers at $124. Steamboats have hement, I fear that little improvement canother member of the
be looked for in the situation here until efforts were keenly appreciated by all of 20,83.85, ought forward iron arm and several small lots have been soldach time as Government needs will per them. Mr. Rose had been seconded by the year, when put u dus quence of the morate v£ Lxchange a which our at 818, at which there are further buyera, ac of addition:
na vessels, being minde officials in Peking and by the local Con but nothing offering under 18 tax available INSURANCE
lar staff from the Consul General down estments gola sad to be susen on Ferries could be placed at 801.
Marchants to day understood their out it, but & er s warda The most important matter that the Government positions as they had never ... ad to ce placed to the Ots-Shells are quoted nominal at
Insurance Sub-Committee bave had under done before and vice versa. The Govern creare of this account in order to close 107, and Ural Caspiane at 28 La consideration has been the question of men officials were also becoming more to a po... he have provided tur any
further Tube th kets are a shade better with buyers at
by placing exchange TIs. 17
the registration of Chinese companies cognisant of the wants of British, trade. and the Bill which has been drafted for The committee also were in agreement $250,000 to the orcast of a new reserve REFINERING.China Sugars show no the Peking Government, The questions to the necessity of improving all tund, die investment and exchange re
serve fand. While these are in reality change and remain at 3114 nominal, so is one which seriously affects insurance departments of the administration in
China. They had not reached the ideal only book entries it nevertheless means business being reported in them. Mala- companies in Chinatura
The attitude adopted by Chinese sug which was before them yet, but they had over seven lakhs of dollars have had Reabs gested that foreign insurance companies hoped very greatly to advance the efforts to be provided in order to meet the ex- MINES. Nothing is reported. could be placed at $2.30. Trozolis are were in open upposition to the movement they were making to further British ceptional rise in the price or local cur offering at 27/8. Kailans are nominal of reform. Thus, I think, I may safely trading interests in Chins. They were rency. It is quite possible, of course,
is desirous, not of closer intercours with their Chinese nt36ber of the Ga The British Cham hoping, also, to entourage further and
Commerce DOCKS, WHARVES AND GODOWNS.-Hong placing obstacles in the way of good in friends. The Chinese language scheme kong and Whampoa Docks are a little furance legislation, but of assisting the which had been referred to would un- lower with buyers at 21231 for the April hings Government in any endeavours doubtedly assist in this respect, but the
Wath regard to 1917 underwriting, Settlement. Kowloon Wharves have it may undertake to that end. Chamber was also engaged in investiga-
Any torm of the nature, however, tions in connection with the Chinees while it is impossible to say whether come to business at 32, and are now
losses will continue to the same extent as they have during the past six months, quoted $82 nominal Shanghai Docks must have far-reaching effects and if Chamber of Commerce in order to further our endeavour to see that the questions The result of these investigations would have been made at Tls: 90 to be solved are represented in their true probably be seen by the time of their want the future has in store for us, I
meeting
can only say that 1917 has opened as EDUCATION IN CHINA.
badly as, or even worse than, 1916 closed. perspective
next annual THE TON-FOR-TON-POLICY.
The committee was also interesting The report and accounts as presented representations on the were adopted, and the payment of a ton for ton" to be hoped that British ideas and ideals share on the paid-up capital of the Com in demand at that rate. West Points generally called the of what has been subject of are wanted at $75. Hotely remain policy. The ruthless warfare waged by would be presented in a more practical pany, payable in taels at r3 on April nominal at $102, and Kowloon Lands at German submarines on
bell gerent Other nations had gone ahead of the Mr. HE Arnhold was 823 Humphreys have been done at 261 merchant shipping whically all and prominent way than ever before. 14th, was authorised. which is now the nominal quotation or neutral called for a definite statement British in introducing their national directorate and the following were re
directors:Messrs Penta of
policy, and your Chamber, therefore, ideas and ideals, but though they were elected COTTON MILLS Kung Yikes are better, ranged themselves on the side of all late he hoped they would be able to over Wrightson, Clarke, Burfill, and with buyers at The 14. Ewos have been other British Chambers in China, in take their duty in this respect alad, land.
legislation was also being vid at ris, 150, and there are now buyer demanding of the Home Government that Chinees the committee and bills which Manager and staff a bonus on their It was decided to pay the General at 147 Shanghai after the terms shall contain adequate
uching 1% 120 are rather lover at compensation for ships sunk by enemy were before Parliament were being care-large for the rear, the amount was Tis. 118 Vangtse poos are nominal at submarinos As a matter of interest fully looked into. It appeared to him left to the Directors to decide but not Tis. 6.
give you the names of the other Chambers that the objects of the Chamber had been MISCELLANEOUS. Cements have do of Commerce in China with whom we more than justified and they were bring to exceed 20 per cent in any case.
associated ourselves in this movement. ing together British interests and repre- NY EUROPEAN, Nem-Asiatic or Indian clined to a buying rate of 89.15, They are Bunton, Chefoo, Changsha,enting them authoritatively as never
desiring to leave the Colony should apply which they close firm Tram have been Foochow Hangkow Newchwang In person si the CRETEAL POLICE STATION dose in good quantities at $7.30, and Tientsin, and, although not forming had just seen a map made in Ger between the hours of 9 A.M. to 1 PAL and 2 P.1.
are still wanted at the figure. Electrics part of the Chinese Republic sufficiently many in which the British Isles, were to
M. de Choppedalaine, who was sent on to 4 px, daily.
rod to produce Passare in demand at 8503, and Dairy Farms close to its borders to have very much be devoted for the greater part to im * Applicants wil be required
at $231. Powells could be placed as the the same interests as we have, I may perial bunting grounds for the German a mission to Salonika by the Committee the vampire, bloodsucking, head of the in the Petit l'arisien on the work of the improved rate of 801 Watsons are mention that the Chamber in Hongkong royal family. After the war was finished of Foreign Affairs, pablishes an article nominal at 86, as are Chine Provident also supported the movement.
German Empire would require no hunt Eastern Army. He reviews the begin and Chine Bornées, both at 88. China, A MEMORIAL TO THE FRONT
of the expedition, when the forces. ing grounds A very small piece of ning Lights are wanted at $41. Ropes are The second pol nominal at $284.
a mat land would be all that the Imperial Ger- employed, he says, were too modest, and second point, gentlemen,
to our very midst man family would require. Not only refers to the attempts of the enemy to out MEXO, Next Settlement Day, April er which, brings and for the pick of was:1
the war with its
s their magnificent army and navy flank the expedition and the reply of the our young manhood. I refer to a memor Anding themselves, but tho British peo- Allied Army in taking Florina and dio ial to be erected hereafter to those ple were also finding themselves in trade. Monastir, He regrets that our Array gallant gentlemen of the Allies who,
Their supremacy during previous years not count two more divisions, for, he put ing duty before all else, have volun- had been disputould find that themselves Uakub, liberating half of Berbin and in the Far East, but says, we would have gone as far as beered, and placed their services.
high
gb road to
to Constantin- country's disposal. Some at their no doubt they
the doing in war. There was no doubt that ople
expeditionary army has regret to say, we shall never have the and carry on in commerce as they were threatening the pleasure of welcoming back; others again, the British by their sterling qualities
Today, the exp will return to
integrity and carrying out the been reinforce M de Chappedelaine pus fit and well. None of
of honesty them, gentlemen, looked for any Te-
re highest ideal of British trade could al accomplished, and concludes by demand- membered. It was
was to this end therefore ways maintain themselves in
expeditionary corps all the neGFESATY un means to fulfil its mission, that the block- The resolution was the Councils with a request that a sits be
was completed, and that the road from Santi April is 318,726 fois, against 390,075 tons who, little counting the corb, decided to elected: Mesra, J. Johnstone, AW Quaranta to Monastir shall be finished, ro
leave this port
do their utmost to Burkill, H. E. Campbell, E. H. Girardet, that troops and material may be brought 1916, Wo quoted to day White rice, No uphold right against wrong,
Howard. CO Humphreys E B up more quickly. At last," he says,
we shall have accomplished the tremend." The site served upon between our Little, F F. Markay. E C. Richards, Bifted Japan quality Hongkong dollars 3.58 per picul f.ob. Saigon, for April/1li in the French Concession and car AG. Stephen, H. G. Simms, G. Aous task of the Eastern Army, which in
selves is at the junction of the Quai de Richardson. May shipment
Wedded to
AND. FLAVOUR
PURITY, QUALITY A
WITH
*THREE RINGS." DONNELLY
WANTED IMMEDIATELY. ECOND ENGINEER for British Bicamer SISIHAN, Manila 8250 Philippine
Apply
curranoy.
18, NATHAN ROAD, Kowloon
519
WANTED.
NELECTRICAL OF
MARINE
7 & WHYTE,
SOLE AGENTS.
G
NOTIOR:
B
porta az identification paper, m
A ENGINEER le required as Shifts with certain exceptions who remain in the Colony for more than 7 days ate required to Register themselves under the Engineer & the Generating Station of the Foxexord Traore Co. LTD, Wenobi
REGISTRATION OF PERSONS ORDIN Apply in writing accompanied by details of ANCE 1916. experience and copies of testimonials to
The Manager, HONGKONG ELECTRIC CO., LTD St. George Buildings,
[BLI
JAPANESE LESSONS.
T. NAKAHARA,
Top Floor,
204, Praya East,
Waho
FOR SALE.
FINE SELECTION OF CEYLON
POSTAGE STAMPS.
1462
GRACA & CO..
No 4 WYNDHAM STREET, Megkoug
Forms of Registration giving the particuissa required may be obtained at the GP.0. ind 1 All Police Stations.
The Penalty for non-compliance in a fine mot axceeding $50,
FOR SALE
68
LANDS, HOTELS AND BUILDINGS, -Both Lands and Centrals have improved their position. Centrals were done at $100, There are two other matters which I
and close with this as the nominal quota-consider should be brought to your notice, itself in makop in China and it was dividend of 30 per cent. equal to $18 per
tion. Lands were sold at $973, and close The first is the
27th
SAIGON RICE MARKET. The Compagnie de Commerce et de Navigation d'Extrem Orient, of Saigon, in their report dated April 12th, state:
We have no change to report in our
tow
MEMORIAL TO THCEE WHO HAVE GONE
of
THE SALONIKA ARMY.
FRENCH DELEGATE'S
to the
MEDIOL RH.P. HORNSBY ACKROYD market, which is still steady on account compense All of them should be word of a contract and showing the refers to the gigantic nature of the work OIL ENGINE complete with and of the small quantity arriving daily that your Committee approached both as elsewhere (Applause)ceing that the Government shall give the
Zor
The total amount of rico exported set aside on which a suitable memorial will
animovely
from the 1st January up to the 3rd be raised to all those men of the Allies. The following general commude of the Otranto Channel shall his
coupled direst to one 8 W. Continuous from the interior. Carrout Shunt Wound Dynamo * 50/70 voli with shunt regulator SWITCHBOARD
ALSO ONE ACCUMULATORS, DYNAMO, de, complete with instruments for 100 Amps,
For further particulars apply to
LINSTEAD & DAVIS,. - Alexandra Buildings.
161
a word is a Roman effort!" Reuter