THE HONGKONG TELEGRAPH
· COMMERCIAL.
THE THIRD YEAR,
THE RICE INDUSTRY.
Allles' Renewed Resolve..
Attempts to Regulate Price Condemned,
Commercial and Produce
Markets.
DOW
Too
Foreign Trade of the Uolted States.
The King.
George B.I.
To the King of the Belgians:
僖
the
says the
have
WEDNESDAY, SEPTEMBER 20, 1916.
ATUNG-
INGIDENT.
HONGKONG SHARE REPORT.
Ho
6-BELLERS; SA-SALES; BUYERS; N.-NOMINAL
"OFFICIAL PRICES.
BANKS.
BB
$765
MARINE- INSURANCES,
b.
$400
Unions
"#0
DOCKS," WHARVES, GODOWNS, &C. H. K. Wharves b. Kowloon Docks. b. Shai Docks b. Pkew Wharves n.
BANKS
[ONGKONG & SHANGHA
BANKING CORPORA
TION,
Paid-up Capital $15,000,000 RESERVE FUNDS:
Sterling
£1,500,000 at 21-
***$15,000,000
Silver...$18,000,000
$33.000,00.
Reserve Liability of
Proprietor......$15,000,000
COURT OF DIRECTORS.
W. Partendon Esc. ~Chairman,
&
Bodall, Reg-Deputy ( bedrmas M. Mckins, Net.
Q.F: Gabbay, ag
How. My, P. Hayonk
Hon, Mt. D. Landale, JA.Plummer, Bag Hp, Mr. Shellim
CHIEF MANAGER Kangkong-N.J. Babb, Esq.
MAYAGER
Bhanghai, G. Blephen, Raq. Leados Bakery-Loader County and
Westminwer, Limited,
་
Bangkong-Interest Allowed:
Op Carrent Accounts at the rate of I per cent. £81
as
on the daily balance.
ON FILED DEPOSITE,“
For out, per trAL per annum. Fort months, 2 per cent, yet mazum, Fortsmouth, 1 per cent. par atavis, N. J. STABB.
Chief Manager.
HONGKONG SAVINGS BANK
THE Business of the above Bark is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION,
Rules may be obtained on applications INTEREST on deposits 2 slowed on the min- imam mnbly balances at 536 per cent. per an
Depositors may transfer, at their option, balances ef hoe or more to the Hongkong and Shanghai Bank to be placed on FIXED DEFORIT & par CRAL. Der ADEUS,
For the Hongkong and Shanghai Banking Corpora
N. J. STABE;
Chief Manager.
$385
SHIPPING.
b.
$ 1841
b.
b.
$221 $1984 $45
The
108-
$48
REFINERIES.
b.
$112 #38
MINING
D.
30/-
b.
t. 2614
b.
$2,50
п.
30%-
D.
847-
Bo
1891
$181
t. 75
t.85
LANDS, HOTELS AND BUILDINGS.
b.
$100
11.
$115.
b.
$160
b.
$6,75
I.
ກ.
$36 t. 94 $88
COTTON MILLS,
.b..
b.
t. 169 t. 14,26 t. 98
b.
t, 5,35
$8 $4.75
b.
6.
$9,00
$421
b. & sa, $10,10
b.
Ко
n.
Centrals H.K. Hotels The Chinese Government is ex-
Land Invest. pected to reply to-morrow con K1001 Lands H'phreys Est. oeding some of the demande but Shai Lands refusing others especially thore West Points effecting the sovereignty of China.
The incident is attracting much
tention and the action of Japan Kung Yiks
Ewos
Japan's Demands. The third year of Great Brit
Peking, Sept. 10.-My tele ain's part in the war, which Whether or not the forecast of of the “4th, though opened on August 4, was marked the Japaness Department of based on authoritative informa London, August 9.--The Bank by every possible sign of the Agriculture and Commerce, that tion, gave an incomplete version rate is unchanged at 6 per cent. resolve of the whole Empire to the crop of rice this year will of the Japanese demands on Chins Banks The Open market rate for short Persevere until complete and final reach 65 million koka, which is in connection with the Cheng- Josas is still 41 to 5 per cent, and victory is attained,
The King has fittingly ex- the average for the last few years, orrespondent of the N. C. Daily North Chinas
more than 3 million koku, above hitung affair (writes the Peking Cantons discount for four months' Bank bills 51 per cent. The Silverpreted the astional determine will be fulfilled there appears to Nowa
h."
t..155 Baron Hayashi presented four Yangtszes market has shown further im- tion, in a message dated "Mid-be no
b. $930 night, Ang. 3" addressed to the this year's yield is likely to room for doubt that
1.'ex 78 $260 provement, and bars are
demande in writing, including quoted at 31 d. per on. In the States; and is one to the King of Kobe Herald Formerly excent and the establishment of police H. K. Fires
Sovereigns and Heads of Allied be
FIRE INSURANCES. good one
the punishment of Chinese officers
China Fires Rubber Share market the volume the Belgians he renews the on rare occasions when peculiar stations as stated, plus the ep-
$184 of business has been leas, ut declaration that the Allies will ly favourable weather conditions pointment of police advisers and prices are very steady, Yokohama Specie Bauk an- continue the struggle until Bel prevailed, the crop never exceeded the issue of a proclamation warn- Douglases
of giam has been entirely liberated. fifty million koku, but in the lasting Chinese troops to avoid collis-Steamboats cancellation ponnoee the £500,000 Japanese bonde. With
Indos (Def.) two years the usual mark wasions with Japanese. these further purchases the
exceeded to the extent of 5 million for compensation for the families
Verbally, Beron Hayashi naked Jndos (Pref.)»
Shells smount that has been redeemed To the Sovereigns and Hende koka, which is due not only to
Ferries *. in the last nine months comes to of the Allied States :—
good weather conditions, but to
of those killed and an apology the considerable sum of over August 3, 1918 (midnight). various improvements introduced from the Military Governor, add- £3,750,000. Tes China Tes On this day, the second anni- in the selection of seeds and the ing two desiderats of a serious | Sugars market bee been very quiet.versary of the commencement of methods of cultivation. A good character, namely, the appoint. Malabons Coffee also is quiet, bat prices the great conflict in which my crop of Japan's simple foodment of Japanese military ad- show no change. Sugar maintains country sud her gallant Allies ought to be source of viners at the beadquarters of all Kallans a firm tone, with a good demand are engaged, I desire to convey gratification to the nation at large. Manchuria and East Mongolia Raubs
the military commands in South Langkats at full prices. Peppers are firm, to you my eledfast resolation to But the peculiar economio sitas. bat quiet. Ries is firmly held, prosecute the war until our united tion is not always en anmixed and the engagement of Japanese | Tronohs Hanils Hemp bae ruled firm, and efforts have attained the objects good to the numerous farming instructors at military schools Urais prices are generally dearer. The for which we have in common population, and indirectly to other of any reference of Manchuria and soudemies. The omission market for Plantation Rabber is taken up arms,
classes affected by the welfare of "quist, but prices at the closs áre I feel assured that you are in the tillers of the soil. It not an. and Mongolia in respect of the alightly dearer, Standard Crepe accord with me in the determina frequently happens that a rich last named implies that it is in being now 26. Cd. per lb., and tion that the sacrifices which our harvest reduces the low clam tended to apply to all Chine, this smoked sheet 28. 2d. Fine valiant troops have so nobly made pereants to such a state of gonary within the category of Group V desideratum, therefore, coming Hard Para in 20. 101. per lb. shall rot have been offered in and starvation that they would Strails Tin is £167 5, to £187 10. rain, and that the libertion for die if their neighbours in better of the recent demands, regarded for cash, and $188 to £168 5s, for which they are fighting shall be circumstances were not charitably so profoundly objectionable three months' delivery.
fully guaranteed and secured. disposed toward them. This state by the Chinese.
of things would, however, curs it- self, if it were always left, to its August 3, 1916 (midnight).
own course, for while a good rate On this second anniversary of of remuneration would attract the day on which may country labour to the rice industry, en took up arms to resist the violation opposite condition would drive it of the neutrality of Belgium, I to other belde. But in Japan the Final reports on the foreign desire to assure Your Majesty of enccessive Governmenta
in pressing demands on China, Shai Cottons trade of the United States for the my confidence that the united made it a part of their platforme when it is established that the Yangtszepoos year ended June 30, 1916, con effort of the Allies will liberate to do something or other, on indiscretion of a Japanese officer firm the previously estimated Belgium from the oppression of exch Occasion
in forcibly entering the quarters #gri- great total of six and a half bill.ber aggressors and will restore to culturists have appeared to suffer of a high Chinese officer provoked ions of dollars of commerce her the full enjoyment of her from the depreciation of their the ontbreak, is universally oriti
broad. Importe, according to national and economic indepen- products. Thus a false value or oised. Chinese feeling is bitter on complete reports, amounted to
dence.
à valus in excess of that cater-| the subject and their view is that $2,198,000,000, which is $524,- I would also desire to convey to mined by the law of demand and if Japan is animated with friend: 000,000 above the imports of the Tour Majesty my deep sympathy supply has been maintained. 7 feelings towards China abe preceding year, and $470,000,000 in the grievous trials to which The disastrous effect of this arti. should deal with the ass on its Ropes above the average of the last five Belgium has been so unjustly foisl manipulation has been often merits and not use it as an op- Trams, Low Level b.
The June importa were subjected, and which she borns exhibited by the extraordinary portunity to reriva in part, at a Trams, Peak, old b. $248,000,000, which is the with each admirable fortitude. rise of rice when the crop be time of political crisis, the pro-Trams, Peak, new b. cents .80 largest import trade
George B.I. failed by 10 per cent. or so, The possle which excited a national Laundries shown ia
any month The King has received the Okuma Cabinet signally failed demonstration in 1915. in the history of the country. It following messages in answer to fin its attempt to enhance the
Chinese Version of the Affair. was $17,000,000 more than that his telegram to the heads of the price of rice last year.
The Peking, Sept. 9. In the main for May, and $88,000,000 above Allied States on the second an- comparatively moderate price the Chinese report of the Chen;- that of June last year. The total niversary of the declaration of that has ruled during the chiatung incident is similar to the value of exports for the last fiscal war.
preceding two years is likely, Japanese comentar report, but it year was 84,334,000,000, which
thanks to the coming
good contains important additional was $1,500,000,000 greater than
to last another year,
particulars. crop, for the year before, and more I found your Majesty's telegram and should a farther fall reduce The report of the origin of the than $2,000,000,000 above the to-night on my return from the section of the farming classes affairs is much the same, except average of the years from 1911 battlefield where the British and to an impoverished condition, that, after jostling, a Japanese to 1914, inclusive, In Jane French troops are fighting like they will either manage to reduce smed Yoshimoto and a soldier the exporte amounted to $475,- brothers side by side. It is im- their expenses or quit sliogether of the 28th Regimsat began to 000,000, which was little less possible to watch them at their their wonted avocation for other fight, whereas the Japanese re- than for last May, but $200,000,- task without having absolute con- fields which cffer better rewards port stated that two Chinese 000 greater than for Jane last fidence in the success of the great for their labour; that is, unless soldiers beat the Japanese. year. The year's balance of trade cause which they are defending they utilize their land for the
The principal point of the T/T ................... reached the unequalled total of incommon. I thank your Majesty production of something else than Chinese report is connected with Demand $2,138,000,000, Leing practically for your message, and I saare rice. From a national point of the entrance of the Japaness into 30 d/s... double that for 1915 and more you that France, in spite of her view, argues the Jiji, whose views the headquarters of the 28th 60 dis................. 2/2 16 than four times that of 1914, losses and her sacrifices, is, like we have here transcribed, it is a Division. After the Japanese 4 m/s.............. 2/2 9/16 which were $1,094,000,000 and Great Britain and the faithful positiva gain to divert labour policeman, having in the first TT Shanghai... 20 $471,000,000 respectivaly. The Allies, determined to continue the spent in the cultivation of low place been refused admittance, Singapore 9336 month of Jane contributed war until right has conquered. priced rice. to the production of returned with an escort, the Chi. Japan....... 102 $219,000,000 to the favourable
nose report says that the Japanese Demand, India...... 163
T/T India ... 162 4. trade balance of the year, which
forced their way into the head- T/T San Francis- I thick your Majesty for your compares
quarters and when the Chinese
oo & New York balance of $111,000,000 in sage on the second anniver-
sentries tried to prevent their T/T Java.............. 126 June, 1915, and less then a half heartily repiprocate the resolution analterable decision to continue wounded one sentry with his T/T France
Eary of this great war, and Igree with your Majesty in the entrance the Japanese policeman T/T Marks ......... .Nom. million dollars' import balance in
3.05 you make in conjunction with the struggle until the objects for sword: Thereupon both sides Demand, Paris...... Jane, 1814. Of the year's imports our gallant Allies. I am equally which we took up arme are at opened fire, with the result that 68 per cent, entered free of daty, determined that we in Russia tained. I, too, have the firm aiz Japanese and four Chinese
with approximately shall make good the sacrifices conviction that the sacrifices so were killed. 82 per cent, in 1915. the June imports 62.6 per cent.
Of which my brave troops and my valiantly made by our troops will which will bring the reward we the existence of liberty and per cent. in June, 1915. The net week, and that the peace for which justies, inward gold movement amounted we fight ball be secured by a com- to $114,000,000 for Juan, and plate victory over our enemies. $404,000,000 for the your ended with Jane. The pre- The King of Serbia, coding fiscal
years.
compare
with
677 export
President Poincare.
The Emperor of Russia.
goods of a greater economic value,
MISCELLANEOUS. Borneos b. China Light & P.b. Providents Dairy Farms H.K. Electrics Green Islands H.K. Ice Co.,
$58 $160
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
Incorporated by Royal Charter 1831.
HEAD OFFICE LONDON, Paid-up Capital £ 1,260,000 Beserve Fund, $90,001 Reserve ldability of Proprietors 0,00
FOREIGN EXCHANGX, and Geoerać Baskine
business transscled. CURRENT ACCOURTS opead and FIXE DEPONIZE received for 1 year or aborter periods, ar rates which will be quoted on application
T. C. DOWNING,
Manage! Hongkong, 11th April, 1912.
THE MERCANTILE BANK OF INDIA, LIMITED.
Head Office 15, Gracechurch
Street, London.
Authorised Capital
Subscribed
Paid Up
$33
Reserve Fund
. $7,35 $9.60
"
.£1,500,000
...... 1,125,00€ $62,500 350,000
HANKERS:
The Bank of Englar4,
The London Joint Stock Bank, Litlind
BRANCHES >~
Bombay
Karachi
b.
$33
Calcetin
Kola Bhan
$17,00
Calambo
Kuala Lampa
Delhi
Madras
b. & sa. $7.00
Br
$6.90 $19
Galle
Penang
Rangoon
Houtah
t banghal
Kandy
ingapore
Port Louis (blauritius.)
U. Waterboats Watsons Wm. Powells Morning Posts b
CORRECTED TO HOON WEDNESDAY --SEPTEMBER 20, 1916, BENJAMIN & POTTS, Share and General Brokers,
Princes Building.
Tel. address: Broker.
EXCHANGE.
SELLING.
2/2 1 2/2 5/16 2/22
52.
3,06
BUYING.
2/3 1/16
2/3 5/16 2/3 3/15
were free of duty, as against 62 g/People have given to a just caure, not be in rain, but will assure difer somewhat. · The Chinese 30 din. Sydney & 2/35/16
10314
4 m/s. L/C 4 m/s. D/P From that point the two reporte 6 m/s. L/C mentions the intervention and de- Melbourne tention of the Chinese magistrate 30 d/s. Ban Franc-1 The Emperor of Japan. Your Majesty's welcome mees that Chinese soldiers surrcanded
but does not confirm the report isoo New York
53 14 age on the second anniversary of and fired on the Japanese bar-
4 m/s, Marks Nom the commencement of the war has
4 m/s. France......3.17 year showed I share, from the bottom of my impressed me very deeply. After tacks. Indeed, it is understood 6 m/s, France.... 3.22 12 a net gold import of $28,000,000, heart, the sentiments which your all the trials of the great defensive that the Chinese deny this.
Demand, Germany. while 1914 showed a net gold ex- Majesty has been good enough to battle, the indomitable armies of
On the arrival of Japanese re- TIT Bombay
Demand, New York. 52 ports of $45.000.000. The year's address to me on the occasion of the Allies are now marching for inforcement the latter occupied Demand, Bombay... 163 imports of gold amounted $494, the second anniversary of the ward steadily and successfully on Chinese troops from staying Demand, Calcutta... 183
all the Chinese yamenu, prohibited T/T Calcutta. 000,000, compared with $172, Mar. 1 hasten to assure you with all fronts, and I beg your Majesty within 30 li of the road from Demand, Menila 000,000 in 1915, and 887,000,000 what satisfaction I receive this to believe that I am entirely in Seupingchien, forced the Obiness Demand, Singapore. 93
The year's importa now witness of the inflexible accord with you in the strong inhabitants to supply carts, laid On Haiphong........ 31 prem. of gold were 890,000,000 as resolve to achieve the triumph of determination to carry on the against $146,000,000 in 1915, the noble cause for which the struggle until our common cause ingabien and also took a census and $112,000,000 in 1914. Gold precious blood of the brave for right and freedom shall have of the inhabitants of Cheng Gold Leaf, per or.... 52.80
& military telephone from Brap-On Saigon
314% prem On Bangkok. 70.36 imports averaged $58,000,000 soldiers of the Allies has ran in been fully vindicated,
Bovereign
9.05 Nom. month for the period from Aug. streams.
The Empire's, Détermination, to December, 1915, loss than
Telegrams received from Aus- I am deeply touched by the tralis, Canada, Newfoundland, chants and coerced them into
The report adds that the Japan. Bar Eilver, per oz... 8854 $18,000,000 a month for the
ess arrested: ten Chinees mer- SUBSIDIARY COINS, period from January to May, 1916, telegram which your Majesty sent New Zealand, South Afrios, Din Jane rose to $123,000,000.0 ms-on the coession of the India, Egypt, and Halts, all bear signing a document stating inter Jane exports of gold amounted second anniversary of the day on testimony to the nasalmity of also concerned in the incident Chinese....20 eta pieces 6147, dia
alia, that the 27th Division, waS to 38,333,838, or about $3,000, which began the crost straggle feeling throughout the Empire 000 lose then the monthly in which Great Britain and her with regard to the prosecution of which the Chinese afirmis Chinese...10 average since December, 1916, Allies are participating. I fully the war to a victorious condition, incorrect.
in 1914.
The King of Italy,
ohistung.
DISCOUNT PER $100;
674% dia. Hongkong) ota. pieces 1% prem. Hongkong 10
17% prem.
Itongbong
BONGKONG BRANCH,
Every description of Banking and Eachaose business transacted.
interest allowed on Current Accounts at perce per anum on Daily Balances, and on Fixed Depcais At rates which may be ascertained on application.
C. CHAMPKIN,
Acting Manager.
INTERNATIONAL, BANKING
CORPORATION.
BANKS
BANK OF CANTON JAIMENTED
HEAD-OFFICE HONGKONG--
HEAD OFFIOR: 6o, Wall 1., New York
LONDON OFFICE: ye, Bishopagate, E.C. CAPITAL PAID UP
......$3,250.000 RESERVE FUNDS...
US. GOLD
BOMBAY CALCUTTA CANTON CZBU. COLOR HANKOW
FOREIGN EXCHANGE and General Banking Business Trans acted.
CURRENT ACCOUNTS open- ad and FIXED DEPOSITS Re- ceived
INTEREST ON FIXED DEPOSITS:
$3,628,000
For 3 Months 9% per annum For 6 Months 4% per annum For 12 Months 43% per annum
LOOK POON SHAN, ' Chief Manager.
NOTICE.
NOTICE.
PEAK TRAMWAY 30
LIMITED.
TIME TABLE.
5.00 AE, to 10.0
WEEK DAYI..
4.00 4. Entet 35 Kæ,
1.
--
ate t
•
30.5
ZE MZAL
10143 7.30 to
10 M.
15 MAR
ANE P
9.1% FIM. To
13 5.00 134
"
Te Mi
3+00, P+25; 40
NIGHT CARS
"
Mu
£15 pc and PAVEL SIZE DAL, İn
11.00 PM) 'Evry bill hot♫
11.00 PAL 10 27.45 23
avery quarter of an heitra
SUNDAYS
004 to 15.30 ale. Evkaw x3 blam.
17... e
Eco Noon Н *1.00 Noow to: 1100 Ft+
L-OB TO -Sudo PM to 4:00 P
+4 to Mon
ม
·KE MANI
20 Min.
LG 2,
$.00 PL
7.00 .. NIGHT CARS as on Weak Dar
· SATURDAYS
Extra Carta mknight
SPECIAL CARS
by Asrangin at the Comptay's 'Olsa, Alondra Bulldtage,
*Season #od_panch tickets available for all cars I already fell, running at the time stated in the Company's time tables, but not a special car. CAR No Season ticket will be farned naill payment thers. be obtained on application at the Compary'&Oficer for has been made in Bank Kutus or by Cheque or Compradore order represendag Bank olas.*
JOHN D. HUMPEREYE & CO.
CHINA
THE
PROVIDENT LOAN AND MORTGAGE
CO., LTD.
(Capital Paid up...$1,250,000.)
Loads on Mortgage al House Property & Goods received at Storage.
Advances made on Merchandise. Loans made on the Provident System. Kate and Particulars on application).
The Ore of TRUSTEE EXELUTOR OF WILLS, ATTORNEY, &c. Underisken and Executed.
SHEWAN, TOMES & Co. General Managers.
MITSUBISHI COSHI
KWAISHA.
(MITSUMISHI CO. COAL DEPARTMENT,
SOLE PROPRIETORS OF TAKASIMA, OCHI,... MUTASE, KISH- IDAKE, TOSHINOTARI, HOJO, NAMA- ZUTA, SAYO, KANADA, SHIKNEW, KAMIYAMADA, BIBAI and OYUBARİ
Collieries.
Agent for SAKITO COAL
HEAD OFFICE - MARUNOUCHI, 1OKYO.
мол
BRANCH OFFICES :-NAGASAKI KARATSU, WAKAMATSU ...$6.878,000 OTARU, MURORAN, HAKODATE KOBE, OSAKA, KURE, TOKYO, TOKO HAMA, NAGOYA, TSURUGA, VLADE- VOSTOCK, HANKOW, PEKING, LON DON, NEW YORK, SHANGHAI,. HONGKONG HAI PHONG sad
BRANCHEA !---
HONGKONG PEKING. KOBE
SAN FRANCISCO LONDON
MANILA
• SHANGHAI BINGAPORE
MEDELLIN TIITSIN
PANAMA YOKOHAMA
Through its close aliation with The National
CANTON,
Cable Address:~"IWASAKI,"
City Bank of New York, the Bank is able to off the Codes: Al. A.B.C. 5th Ed., West- Services of the Branches of the toptation in Cub and South America, namely ;-
BUENOS AYRES, HAVANA, MONTE VIDEO, HIO DE JANEIRO, SANTIAGO, DE CUBA.
SANTOS, SÃO PAULO,
BUSINESS transacted.
ern Union, and Bentley's. AGENCIES:-- CHINKIANG-Massia. GEAR-
All kinds of FOREIGN & LOCAL BANKINGING & Co. MANILA-Measta. CURRENT ACCOUNTS opened, and FIXED MACONDRAY & Co., SINGA- DEPOSITS received at rates to be ascertainedPORE Messrs. BORNEO Co. N. 5. MARSHALL, | LTD, GLASGOW-Messrs. A, B. BROWN, MOFARLANE & Co. LTD.
application.
Manager
Hongkong, 1st Jure, 1916.
THE
For Particulars, apply to
K. KATO.
Manager.
YOKOHAMA SPECIE BANK; No. 2, Pedder Street, Hongkong.
LIMITED.
Established 1880.. Authorised Capital Yen 48,000,000 Paid-up Capital ... Reserve Fund.......***
MARTIN'S
H
#
30,000,000 20,800,000
PAPIOLESTAT
Head Office.-YOKOHAMA
Branches Amteng-Islan Babay Calcutta Chaughne Dairen
Los Axle Udog
Agencies. Hagunk
Newching. New York
•Palive
aya Pon Artemi San Francione
Amenport
Toky
MARTIN'S
Laborant Aflamed on Caister Accouer Deposits massived for food podloć at shots no te :
EISHI ONO Hongkong, 11th Sert. If 16.
THE ALEXANDI Cannot be Beater for Breads Caker