THE HONGKONG TELEGRAPH. THURSDAY, SEPT. 28, 1916.
A JAPANESE STOCK EXCHANGE BOOK.
CAPTAIN OF THE DEUTSCHLAND.
Pandemonium at Kabutocho,
During the last few days, says
the Japan Chronicle of September
His Wife Living neat London.
7, there has been one of thoms |.. Captain Paul Konig, command- periodical booms to which theer of the German submarina. share market is liable, nad
liner Deutschland, was married. tremendous excitement prevailedowe fifteen years ago in Win- at Kabutochs, Kitshams and obester to an English woman, His other leading markets. The boom wife (says the Daily Mail] it now in shares has been going on dur living in a London suburb
Before the war her husband ing the last twenty" months with 000ssional fluctuations, batshows was an officer of the North Gar- no signs of having spent its farceman Lloyd, and, as such, a reserve and the upward moveraent is re-officer of the German Navy. samed after an interval of Early in 1914 he commanded the liner Schleswig; and in Juns fic- fiabed a Mediterranean trip at
rest
and
recuperation to
gather momentum. In fact, there
to be nothing likely to prove a wet blanket on the ardour of the market, and all the factors continue to be favour- able to the triumphant bulls. The amount of specie keps on steadily increasing, the no-called balance of foreign trade continues "in favour" of Japan, and the bank rate rules low and threatens to go still lower. These sad similar in dications are all factors that tend to inflame the expectations of the sanguino speculators to fever heat. An outburst of their enthusiasm is seen in an occasional boom in which the bears are temporarily swept out of existence and the balls realise profita again and again before the debacle comes. According to Tokyo papers the scene in and about the Temple of Mammon at Kabutocho during
•
Bremerhaven. Mra. Konig was
then living at Winchester, her home since her marriage.
Desiring to consult a German "pecialist about the health of one of her children, she joined her husband in Germany, In Jaly Captain Konig was called to the Navy sad saw his wife only at Then came the news that we bad rare intervals during mobilisation. declared war on Germany.
English Through and Through.” Altboogh practically the only Englishwoman in an important did not waver in her patriotiem, German naval port, Mrs. Konig she said. "My husband, like the
NO
although I might technically be a he is recognised that, German by marriage, I 10. and when I said to him:- English through and through,
***You do not expect me to take
the last few days has been as-side against my own country? woanding. The Exchange building he replied. No; everyone must is filled with a swaying mass of stand by his own country in thewe kamanity, numbering thousands,
times. You would not be worth
who, standing on the extensive
sloping platform, eagerly watch your Balt if you didn't. and I the operations enacted in the should not be worth my asit if I "brokers' ring below. The scene
did not stand by mine. On that presented in the ring is a perfect we parted, and I have not seen pandemonium. Close by the ring Fins a raised platform on which sit the Exchange officials watch- ing the transactions, Several
him since.”
After a great deal of difficulty Mrs. Konig was allowed to return to England. "I have not heard clerke standing on the platform that day to this," she continued, directly from my husband from watch the brokers and announce "although once or twice I have their doinge to the shorthand heard indirectly that he was well. olerk, who quickly recorde the transactions. When popular
Konig's First "U" Trip? "On the morning it was shares are placed on the market announced that the U-liner and the excitement is at its height, had reached America I wan the uproar and confusion in the travelling by train and hsd just broker's ring is appalling. The read the news on the placards. A brokers, hoarse and perspiring, friend came up to me and exid, shout, gesticulate, and clap their Don't you know that Paul is the hands like maniacs, and this, captain?' Pani, my husband ?' I mingled with the beating of schoed. I ran to the bookstall and wooden block to sanounce the bought all the papers I could: closing of biddings, forms, with Sure enough there was his name, the general habbab, a perfect and the photograph published babel. In this manner a session later eet all doubt at real. is gone through amid the hot and dusty atmosphere of the market for five or six hours at a stretch when business is congestedi.
The above description gives an ides of the scene jaside the Stook. Exchange at Kabutocho when a
"I am sure he had never been in a submarine before. I expect he was selected for this command because of bis extensive arquaint- ance with American poris and Americans."
It was on a trip across the booru is 03. Anyone who visits Atlantic.sixteen or seventeen yeara Kabatocho will be surprised at the extraordinary number of ago that he first met his wife.
people they will see there paying bomage to Mammon in an endear- our to make a fortune by a happy stroke of speculation and with a minimum of labour.
TYPHOON WARNING.
The war has created all sorts of
The telegram quoted below was narikin in Japan, millionaires who have become what they are through enlate General, Hongkong, from received by the American Con- deals in ships, dyes, paper, druge, the Manila Observatory at 4.15 iron and so forth, and the ex- aggerated proclamations by the P.m. to-day:---
Press of the way in which they have come by their fortones have un- doubtedly propagated the get rich-quick fever among the Japanese. This tendency-by no means.commendable-is believed.
Naha, moving N. N. E.
Cyclone or typhoon N. E, of
Lazon, direction unknown.
Cyclone or typhoon N. E. of
to be the principsi cause of the the Exchange and brokers. It is tremendous popularity of the this aspect of the question that ... gambling in shares that now pre-makos épeculation in ebaros Tails. Of course it must not be merely for the sake of margian supposed that it is everybody wlio nothing better than gambling can emerge victorious out of the pure and simple. fray even in these days of Theorising apart, however, general boom. If all who went there in every prospect that the into the tussle won the game share market will make a farther there would be little with and more remarkable rise in the which to reward the winners, fatare. Considering that Tokyo It
plain that
when Erohange shares rose to nearly ⠀ the boom exceeds the warrant 1800, subeequent to the Russo- given by general prosperity some- Japanese -> war, when the late one must pay the piper. Those Prince Kateura lannobed his ill- Incsations investors who buy st advised 4 per cent. loan scheme, þigh prices, sitracted by the the present quotation of these reports of a boom, are soon oleer- shares at Y330 or therenbontá ed out when the ebb tide follows. | must be regarded as only" the "And it is mostly those men who initial ninge of a boom when 'farninh" the “ minews, of war” to the fantom that: Sani
the market. The net result of | shares high mee running after margins in the sideration. At the stook market: ia... marel the market bauðaus
aket|which
the
of asah from one.
Gorerursant and commissions to...
A
THE
HONGKONG TELEGRAPH.
EXTRA.
HONGKONG, THURSDAY, SEPTEMBER 28, 1916.
TELEGRAMS.
STEAMERS SUNK.
[Renter's Service to The "
"Telegraph."]
September 28, 1.20 s.m. The following steamers have been sank:-The e.s. Bromwen (British) and the s.8. Dauia (Norwegian).
NEW ISSUE OF BONDS.
September 28, 1.20 sim.
Year
It is officially announced that the Bank of England will shortly issue Six Per Cent. Three Exchequer Bunds, and that the Fire and a Half Per Cent. Erohe- quer Bonde maturing on October 5, 1919, will be discontinued.
POLITICAL TROUBLES IN GERMANY.
September 28, 1.20 a.m.
The opening of the Reichetag to-morrow is anticipated moet anxiously in Germany, owing to the campaign against Dr. von Bethmann-Hallweg, on the ground of his alleged "forbearance" towards Britain.
The Frankfurt Gazette speaks of a widespread movement em bracing many powerful politicians against Dr. von Bethmann- Hollweg, and quotes a promineat National Liberal's assertion that the Chancellor, against the Kaiser's wish, has thwarted aerial warfare against England for months,
PETROLEUM GALORE,
Standard Oll Refuses to Buy.
Topeka, Kansas, August 12.- After establishing a record in cil drilling for the entire country,
the oil operators in the Hidcon-
WAR CASUALTIES.
Hongkong-bora Boys in the Lists.
Riflemen Alwyn Kerfoot
tinent field have almost ceased Boghes, Queen's Westminsters, drilling, and if it were possible the second son of the late Mr. E. many owners of oil wells" would Jones Hughes, who was wounded be glad to close down..
during the attack on Gomma. At no time in the history of the court on July 1, and reported oil business in the entire country missing, is now reported to be a. were there so many wells drilled prisoner at Minden, Westphalia. se in the Kane. Oklahoma Geld Ainslie Richards, the only son during the month of June. Ac of Mr. C. W. Richards, lately cording to the recorte made by shipping clerk, Mesara, Jardine, banks to the federal reserve bank Matheson and Co., was killed in at Kansas City, there were more action at Ypres on June 2, than 1500 oil wells drilled in the Both of the boys named were two erates during the month of born in Hongkong. Jaze.
While the price of crude oil bee been going down and is now 40 centa a barrel less than in Jane, the production is just as heavy. The operators would be glad to continue in business if they could Bell the oil.
The Standard O.Company and its subsidiarica, which control the oil business and fix the prices
A WOMAN IN WHITE,
Remarkable Suicide During Religious Manis,
The unusual verdict of "Suicide of all kinds, including gasoline, while in a state of religione mania" has ruled that it will take only was returned recently by a North one-half the production in the London jary in the case of Violet mid-continent field. As a result, May Pratt, thirty-two, of Aden thousands of barrels of oil ara
going to waste in Kansas and grove, Stoke Newington.
The father, a commercial travel- Oklahoma now because there is ler, said that she had been not so ficient tankage to hold it. engaged to be married, but it Dozens of real oil laken sie was broken off. Four years ago springing up all over the ter she suffered from religions mania. ritory to hold the excess oil and On the Sunday she attended the tanks are being built as fast as Salvation Army Hall, and was the steel can be obtained. The brought home in 6 state of oil lakes lose thousands of barrela collapse. At 12.30 am. on Tues by seepage, and some of these day she entered his room, and have been filled and have run his wife gave her some medicine. over and into the small streams. Rushing downstairs, she left the The MoMann Oil Company, house in her nightclothes, and two operating at Augusts, Kan., saw patrole, seeing a figure in white what was coming and is now rush past, merely thought it was building ten 55,000-barrel tanka
someone running for a doctor.
Farther evidence showed that A few other operatora seemed to deceased climbed a 7ft gate in Bee ahead and were able to get order to enter Clissold Park, tankage for the oil.
Bat hundrede who had drilled P.O. Rich saw a woman in white Looking through the railings, into the sand and were piling ap darting about the grounds, and he wealth at the rate of $500 to climbed
to hold its own over-production.
the park gate and
$800 day, suddenly found roused the officials. A systematio
themselves without any market search was made, and a women's for one-half their oil. They clothing was found on the bank built the ponds as quickly as of one of the lakes. Deceased's possible and tried to buy steel nade body, was recovered from tanks and found all the steel the water an hour and a half later. milli with- orders for months
ahead.
The oil production in Kansas
and Oklahoms has reached 400,- out and there is only a fraction 000 barrels a day, the largest of the production there.
duction in this field since the The new Baideat Angusta, Kam
days of the Oushing open-and in Kay county, Oklahoma
gushers in, that fold) som the big prodacing section 15,000 and 20,909, now. There ca 200 CHI very day”. But the rigs in operation in that 1523