COMMERCIAL
Mining Mams.
THURSDAY DECEMBER 14, 1916.
THE HONGKONG,
"SLAVE DRIVING IN BELGIUM
WAR WORK FOR ALL. ARMY TORUN
Foi Munitions.
London, N., 8-Rusias Forecast by Former Minister continue under the cloud of the adverse rate of ezohange squirt Patrograd, which the publication of in the aircamalances, satisfac-
org enough reports by-
Profits for Benefit of the Soldier.
Before the war there were 18. contractors for Army canteens at home; now there are 197, the canteens in the United Kingdom having grown to 1,800, with turnover
Methods" of the Barbary
Corsairs Revived.
HONGKONG SHARE REPORT
-KELLERS; Sa LLEB 3.—BUYERS; N-NOMINAL.
OFFICIAL PRICES.
BANKS.
$750
$400 t. 189. 2935
Banks
Paris, Nov. 10.- Carton de Wiart, the Belgian Minister of Jantios, has given the Esko da Paris some further information MARINE INSURANCES.
to the rew deportations of Cantons valid men by the German author- North Chinas ities in Belgium to carrY OD Unions
rank
BANKS.
"BANK OF CANTON
LIMITED,
HEAD OFFICE HONGKONG
FOREIGN EXCHANGE and General Banking Business Tran noted.
CURRENT ACCOUNTS open- ed and FIXED DEPOSITS "Re-] ceived.
INTEREST. ON FIXED
DEPOSITS:
For 3 Months 3% per annum
For 6 Months 4% per annum
DFor 12 Months 43% per annum
LOOK POON SHAN,
Chief Manngo) -
NOTICE
NOTICE
$37PEAK TRAMWAY GO
"We shall have to ask thore the ineligible for military service to Corporation and the go to the munition factories,” ky Copper Company has sanounced Mr. E. S. Montagu, filed to lift materially, The M.P., as the guest of the Aldwych
ut the rate of Spansky is having to use its Club on November 10.
£16,000,000 per annum. profits for the present on ospital Sir Hedley Le Bas precided at
The tenant system has involved expenditure, failing the obtaining the luncheon, which was given at much overlapping, besides having ious kinds of work for the Yangtazes 1. 6x 78 $255 of permission from the Treasury the Connaught Rooms
other drawbacks, and it in to give
FIRE INSURANCES. to raise fresh funds, but the Mr. Montagu said the Ministry place to a new method by which the dainos of all the prescriptions China Fires
enemy Government, in Kyahim is presenting its share, of Munitions was the largest bus suthorities will control their own of international law.
H.K. Fires 11. holts with a dole of oas rouble iness in the country. It employee business. The change necessitats About the middle of Octo
SHIPPING. par bars, and hopes later on to directly about 1,850,000 man and an initial capital of $2,000,000, bär," he says, deres signed Douglases deblaga su interim distributions growing regiment of 400,000 for obviously supplies cannot be by the Quartermaster-General Steamboats for the current year, sino in women. It had made possible wicked without outlay: but ron Saubersweig was posted in Indos (Def.) Bamian currenty. Recipients the marvellous development of nothing is being paid for good-our communes of Fanders and indos (Pref.) who can afford to keep the war military resouros which had will: the money will be repre. Bein at. It stipalay that all Shells At would be foolish to turn the transformed a country" with wonted by liquid assets, and it is valid persons who have repause, Ferries ronules into English money at negligible Army into one of the hoped to repay it as speedily as for themselves or their families, present, although it may be chief military Powers on the froej posible out of profita.
to 'outside sesintance,' may be|Sugars longer than most people expect of the earth, an Army so well} "We are nok out for profitu bofore the rate of exchange be equipped as any stay in the field except to improve the soldier's forcibly constrained to work even Malabone
ontside the region of their domi- comes any hing like mormal again in the short space of two years, position," said Lord Cheylee eile. Refusal to obey this obli- Kailans
They were often accused of mors, chairman of the Army Can-gation will be punished by Langkats -American appar shares, not ably Utah, ontinue to be put up extravagance, but sometimes on Committee, last month imprisonment for three years st Raubs on Wall Street, on the prospect factory was put up-he had one prodits are to be expended the maximum and a fire of 10,000 Tronohs of the prolongation of the war, in mind against time, regardless I shall by and by ask to have marks (8:00), or one of these Urals but people over here seem very of cost, with a determination to msds public, so that everyone penalties. To understand the obary of them. Similarly, the get it producing in the abortent sha'l know."
abominable character of obier Australian copper shares time; and notwithstanding the The Army wimply wishes to thest, it must be recalled that a H.K. Wharves an are avoided on the confirmation extravagance of the project, when manage its own concern, effect third of the population of Bel-Kowloon Docks b. of the statement that the Comit began producing in a few economier, and improve the con-
b. monwealth Government proposes months, it more than paid the dition of the canteens. Well- gium is dependent on help from Shai Docks
LANDS, HOTELS the supply committees, to raise the excess profits tax from whole of its cost, when the bare known experts have ancisted in
AND BUILDINGS. 50 per cent, for the past financial difference was taken into account bringing about the new order of year to 100 per cent. for the between making thing our things, which has the approval of carrent cas. - Tae
Now selves and buying it abroad, the Army Council and the Tresease at Courtrai, Ghent, Bruges, Land Invest. Jagersfontein Diamond Company (Bear, hour}
ury, and comes into operation as Te monde, Aloet and other places, H'phreys Est kas su entered the dividend pay.
The longer we went on the early as practicable. The trans-
and empty factories, Those who Shai Lands
ན
this
де As soon as the measure was
announced, aur fellow-citizens Centrals
en H. K. Hotels
concerned were summoned
LIMITED.
TIME TABLE.
WEEK DAYS.
1-80 4×46, 41 Loo Kyməy 1$ ban,
К.
zs Mat
#
M
to
Ev
NIGHT CARL
*
Н
-
1.sa vat ná a mai, suyo zábl. ko
16.00 PM, to 21-43 7.3%
BANKS
& SHANGHA BANKING - CORPORA
TION.
Paid-up Capital ....................$15,000,000 RESERVE FUNDS:
“Busifinė“
£1,500,000 at 26
2300 $13,000,000 Bilver ...$18,000,000.
Reserve Liability of
Proprietors
$35,000,000
------------$13,000,DEB" COURT OF DIRECTORS.
Heo, Mr.CX daton
W. La P'attrade. Xaq,
5. H: Detvall, lag,- Duputy Chườman
G. T. 25. Jakiše, Xeg.
G. FL Gubby 34
Fos, Mr. FYI, Beroak,
OBEY MARAGEN Hongkong--N. 2, Dachi, Int.
London Bank-Londoo Ocity and Weconlower, Limited,
Hongkong-Internet Ali De Cuarent Accounts at the vada el 2 per cent." MR on the dally balance,
ON FLIED DEPOSITS.
For 5 months, 2 par osat. per autism, For 4 months, $per cou, par an. Por le months, i per cent, par Besen N. J. STABB,
́- Chief Manager,
HONGKONG SAVINGS BANI.
THE Bain of the above Bank is conducted by IM HONGKONG AVIS SHANGHAI BANKING FORPORATION, Rules may be obtained on application: INTEREST on deposits is allowed on the unloc javn monchly balances at dyž par coal. Dir AIN,
Deposites may trazafer, at shale option, baltaase of $100 or move to the Hongkong and BiRNA Back to be placed on ZILED DEFORE WE A ca per entum.
For the Hongkong sad Shanghai Banking Corpore
N. J. STABB,
Chief Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND
OHENATMTMTM
$155 $$75
8.
$121
8211
$1401
81612
104/-
.
$38
REFINERIES.
b. & sa. #128 b.
དྷྭ;
MINING
E.
ba
I.
The
36/- 1.21 $2.5) 80/-
32/9
DOCKS, WHARVES, GODOWNS, &C.
$8414
$131
1. very háti hor
£.90
eres cpertar of si hours BUNDAYS
1,00
b.
$101 $115
19 xoạo sâu. Ten 2017 4.5.20 £2, A.M
12-03 2900x ti, Fun P
zy Məm TAMMI * M
101, 1-0), Pack
+00 1.20
IL
$9.7
$6,90
VIOS FUN, DE LIG 2.36
8.
$35.
++
13.
A.
t. 91 #85
b. t, 157}
b. &.ss. t. 120 1.
t. 6
MISCELLANEOUS.
$84
$4.75
THE
b.
$8.85
$25)
1.
$11.80 $55 $160
00., LTD.
(Capital Paid up..$1,250,000.)
D.
$941
$9
Low on Morgage of House Property &c. Goods notīred où Storage
Paid Up
$7.00
Advances made on Merchandise.
$1
b.
-$81
b.
$17.00 $6.75
b.
$6.40
ing list with a declaration of 3a greater the drain on the world re-fer cannot be made into gather in the barracks, stores K'loon Lands
Wo were
West Points
b. & sa t. 10
per share, and this has so-sources in material would become. entirely at once, as it is essential did not come voluntarily were centuated the hope that Da Beers Fortunately
better that their shall be no dielocation arrested and brought by force, COTTON MILLS. Deferred holders will not have to placed in this regard than the of tapply; and it is hoped that it in Ghent alone they numbered Ewos wait many monthe longer for a dis- Central Powers.
will be completed throughout the about 3,000, including amistanis Kung Yiks tribution. The letter shares asBEIZ
As our enormous programmes Janusty, The revised arrange-
United Kingdom by the and of and shopkeepera as well as work- Shai Cottons worth locking up at under £13, compared with the pre-war mak me to be fulfilled, we shall re- ing ap price of 14 11-16-The more and more men and ments will not apply to canteess
of the Expeditionary Force. women. We have the paramount |
men.
"They were examined as they
Yangtszepoo8
Exploration Company, as fore daty not to leave our soldiers st Waste of Overlapping, would be in a slave market, and Borneos
Forestry of the Philippine Islands.
at home.
to
H.K. Electrics
shadowed some time ago, now the front short of the help that
"This charge has boon effected the least robust discharged. The China Light & P. b. formally proposes to ask the suthority of the Court to cut down they have a right to expect from entirely to the interests of the others were required to sign Providents ita capital by half and thus free those eligible for military service soldier," remarked Lord Cheyles-form printed in German ander. Dairy Farms more. "One great boon I hope taking to work ander the orders Green Istands profita for dividends. It will
will be that the profits which in of the German authoritise. The H.K. Ice Co "The War Office, the Ministry then have assets of £537,000 (in-
tractors will come to the Army used-imprisonment, threats, and Steel Foundries D. clading over £200,000 in Trea of Munitions, and the new Man-the past have gone to the con-usual methods of premure were Ropes sury Bills), against a capital of Power Board are or operating Canteen Committee, and, what is brutal nage. The victims re- Trams, Low Level £375,000 in 10. share. A wholeheartedly, and will not be
forcibly deported is unknown Trams, Peak, new b. their current price of 91. Explora- long before they have perfected one of the most important things, fased to agree. They were then Trams, Peak, old b.
we shall be able to improve
Laundries ensure the tions, therefore seen pretty cheap sirspgementa
canteens. Speaking as an old destinatione, continuous supply from those lier of 50 years' service, I think --Truth,
"From October 15 to 24 more U. Waterboats a. eligible for milltary, service fr. the Army, and no reduction, but the canteens have been in many then 15,000 men among them Watsons
instances the buildings, I mean, some French subjects, were thus Wa Powells Some interesting information increase of output of mani- and surroundings part of die abducted in Flanders. At Ant-Morning Posts n
tions, to help those who join the. concerning Forestry in the Philip Army
graos to the Army."
werp, Bruges, and Kenin they pine Islande is given in the
The provision of more com-are known to have been put to annual report of the Bureau st "Where is the labour to care foriable and more attractive can work at the fortifications, trenches Manila for the fiscal year 1915. from? We shall have to make teens has long been in demand by and roads. The report in signed by the Acting more and more demands upon commanding officere. Since the
"I refuse to believe," concluded Director of Forestry, Mr. W. those not at present engaged in outbreak of war a Board of Con- M. Carton de Wiert, “that even Klemme, in the absence of Mr. work of war importance. Werol have done useful work. It in the most neutral of countries William Forsythe Bhorfesce, shall have to sak those ineligible was in April last succeeded by honest man will remain indifferent Director of Forestry, who left for military service to come to the the Canteen Committee, who were to this rival in the twentieth Manila on Jan. 12, 1916, on a leave munition factories, making the able still further to bring about century of the methode of the of absence, which he will spend same sacrifices comparable to those reduction of prices, while leav- Barbary corsairs and the African
a member of the Chinese who are already there,"
|contractors a fair margin of profit, slave-traders,... Government, assisting in drawing |
and at the same time the standard
up a national formst policy sad.
putting it into excontico.
We
make the following extrasta:== The total amount of lumber cat under licence in the public forests
France's Vintage
CORRECTED TO NOON WEDNESDAT DECENSER 13, 1918, BENJAMIN & POTTS, Share and General Brokers.
Princes Building.
Tel. address: Broker,
EXCHANGE.
SELLING.
T/T
Demand
109
2/4 14 2/4 5/16 of foodstufe was raised and the
30 d/............ 2/4.76 general condition of canteens are to be retained wherever 60 d/........... 2/44 somewhat improved.
possible, and stocks is trade and 4 m/.................. 2/4.9/16 Defects of the tenant system, plant, where found saitable, are T/T Shanghai.........Nom The estimate for this year's
however remained. The com- to be taken over, so that the con- T/T Singapore 10014
TIT Japan during 1915 was 276,207 cobic vintage for the whole of France mittee's control was too limited tractor je fairly dealt with. meters, as compared with 284,688 is now given apumximately as
| They could not buy and sell, or The management committee to I/T India ... 175 cabio meters for 1914. In addition, between 770,000,000 and 990 secure the advantages of balk whom the Army Council bare Demand, India...... 175 there was a very large but uz 000,000 of imperial gallons. In purchases; they were powerless entrusted the matter will practi- T San Francis-
co & New York/ determined amount out without the Bouth, 440,000,000 gallons against the manifest drawbacks cally comprise the mambers of T/T Java 135 1⁄4 license for personal or domestic are expected, instead of the of half a dozen or eight different the existing executive, strong. TIT Marks ..... Nom ase. As anticipated in the annual 198,000,000 gallon yield of lest contractors conducting a score of thened by the inclusion of Sir T/T Francs 3-27 report for 1914, the year just passed year. The quality will be excel-canicens in One hatment Alexander Prince and Mr. F. Demand, Paris........... 3.27 1⁄2 has experienced a serious depres lent. sion in the lamber market, due primarily to conditions brought. about by the European war, the principal canes affecting the trade,
.56
BUYING.
.2/5 1/16
S
2/3 3/16 2/5 5/16 2/5 5/16
57 Y
Melbourne.vour!
30 dis. San Frano-
isco& New York
m/s. Marks .....Nom
camp, each contract with its own | Benson, whose undertakings are transport, its own inspectors, } to-day conduoting about 40 par
4 m/s. L/O possibly its own warehouse-scent. of existing canteens. Bir glaring illustration of overlap Alexander Prinos is retiring from
4 m/a..D/P 6 m/s. L/O ping. Further, it was faible the post of chairman and manag. 30 da. Sydney & äs in most other industries, being)
for a Scottish battalion st, say, †ing director of Meeti. Diakoson the very great shortage of tran- desirable portion of their force, Dover, wastefully to employ and Son, and will serer his con- sportation facilities to carry ex or chartering vessels at almost contractor from Edinburgh or a nection with that firm; and Hr. porta. The lumber industry bas prohibitive rates. A very import Bussex battalion at Glasgow to Benson is the general manager suffered specially from this canse, ant step which will eventually bagage Brighton contradior: the Canteen and Mess Co-opers leaving, as the result of the react to the mutual advantage of and insecurity of tenure, as well tive Society, whore dimotors have inability of the lambering oom the lambermen was the forms the constant movement of arranged to merge it with the panies to export their stock, i tion during the latter part of the units, crippled expenditure on the new organisation, market fooded with lumbar year of the Philippine Lam comfort of canteens, while com- and (the most serious feature bar Manufacturers Association.petitive buying by contractors in of the situation) facing but Up to very recent times there testricted camp areas tended to poor, outlook for the remedying existed no co-operation among the raise prices. the condition. While freight individual companies in this in- j The New Systems,
of
4
4 m/s. Francs ......3.39,
6
m/s. Francs .....3.44
Demand, Germany..
112
Domand, New York. 56 á "Both gentlemen are making Demand, Bombay... 175
TT Bombaynimin great sacrifice in giving up their / Caloutte....... present positions," observed Lord Demand, Calcutta... 175 Cheylemore. "They are already | Demand, Manila giving their services in an honor. Demand, Bingapore, 10014 rates are still going higher, trans: dustry, but the formation of this
All this emphasised the need of ary capacity to the Expeditionary On Haiphong......... 334 prem. portation fac.lities are becoming association will, it is to be hoped, revision; and the Army Genneil, Foroom Canteen Committee. They On Saigon 34% pirem. scarour. Orders for export are on place the industry on more solid creating an official organisation have had a lifelong training as On Bangkok .65.1 band, bat it is impossible to fill basis and will tend not only which will conduct regimental specialists, and should materially Gold Land, per oz... $1.83-
Sovereign
8.40 Nom them. None of the mille are scare for the members the ran institutes, thoughout the United, seengthen the new manage working with the activity or cognition of which the importance Kingdoms, and in Kaype, Malta, commities, whose members, are Bax Silver, per că... optimies of a year or more ago, of the industry is so deserving. Gibenlane, Breminds, and other anons who, in ciril lita am On the contrary, with no ppreet bat will be a means of combining stations shrund, have wasted the bumous men of wasiderable "SUBSIDIARY COINS. able local demande for lumber the interests of the industry Canteen Committee with powers Arancial and commoratala the companies have been forged in whole. A great deal of pro- to enable them to take over these perianos. The commitee feel various espedients, such as shuti paganda has been carried on setablishments. The new systers, that the scheme has sticylking to indidown temporarily, curtailing during the past your with a view with its central machinery and commend far it in based on their osipat, to the minimum to to encouraging the exportation of central buying, puta sa and to some baking keep smployed it -Tammi the; mon lamber to China,
overlapping. Contract employeen pla
enonomic
DISCQUET PER $100:
Chiasse...20 ta' pienas Chinese...10 Hongkong 20 ota, pisose Hongkongit
M
MIGHT CARS as on Wash Days.
LAZURDAYS
Extra Ca W MAKİN
FIFICIAL CARİ
By Arrangemmat ni the Compney's Giles,
Alcanadre Building,
Des Yoes a Boné,“
"Season and proch tickets available for all car got already full, running at the time stated in the Company's time tshian, but not for special care, Ca be obtained on application at the Compary's Office.— No Season ticket will be issued until pariment there. for has been made in Bank Kona erb
от Светва с Bank & c JOHN
Compradore order repPHREYS a co.
CHINA PROVIDENT LOAN AND MORTGAGE
Louan made on the Provident System. (Ratma and Particulars on application).
The Office of
TRUSTEX, ZKM UTOR OF WILLS, ATTORNEY, AZ, Undertakes and Ericated,
SHEWAN, TOMES & Vc; General Managers.
MITSUBISHI" COSHI
KWAISHA.
{MITSUBISHI CO.J
COAL DEPARTMENT,
SOLE PROPRIETORS OF TAKASINA. BUNI. MUTARE, KISH- IDAKE, YOSHIMOTAMI, NOJO, HAMI- ZUTA, SAYO, KAWADA, SKTNÉM BENAY, KAMIYAWADA, BIBA!'ozí STUBAR PAPA Celileries:
Agent for SAKITO:QUAL,
HEAD OFFICE:-- MARUNOUCHI, TOKYO.
| MOJI
Incorporated of Aőfal Charte 18;3.
KAD VINOS-LONDON, Faid-up Capita}...
+
Reserve Fund.com £10,000 Zesarre Liability of ProprietornS
FOREIGN EXCHANGE and
Gama), Benzion busineų trummeted. CURRINT ACCOUNT opwood and PLIZI DXPOSITS calvad for 1 year or shorter perioda, na nas which will be quoted on application, T. O. DOWNING,
Manager Hongkong, 11th April, 1912.
THE MERCANTILE BANK OF INDIA, LIMITED.
Head Office. 15, Gracechurch Street, London,
Authorised Capital ............£1,500,000 Subscribed
Reserve Fund
M
...... 1.135,000
#462,506 250.008
BANKERS: The Bank of Tapin The Laadon (piat cock Bank," Lukak
BRANCHE
Bdulbay
Calcutia
Colombe
Dethi
Hongkoo
How th
Kandy
Port Louis (motius,)
Karach Ko Bhara
Kuala Lum Madras
Zangoo
+hangha
Lingaport
BONGKONG BRANCH,
Every description of Banking and Exchange besinana trasiancied
Interesi allowed on Currená A coounts at a par tami per amurgan on Bally Balances, and un fisadi. Depends. strains which may be ascerailmed on applications.
C. CHAMPKIN,
Acting Manager,
INTERNATIONAL BANKING
CORPORATION.
HEAD OFFICE: 45, Wall St., New York LONDON: OFFICES
Bebeegxi, ELÇ CAPITAL PAID UP...... $3,250.000. RESERVE FUNES... $3,031,000 U.S. GOLD....$7,181,000
BRANCHES ----
BRANCH OFFICES :-NAGASAKI KARATSU, WAKAMATSU,
KUBORAN,- BAKODATE- KOBE, OSAKA, KURE TOLYO, YOKO- HAMA, NAGOYA, TSURUDA, VLADI-BON BẬY VOSTOCK HARKOW.PEKING, LOX.CIILUTTA
DON, NEW YORK SHANGHAI HONGIONG HAIPHONG nà CANTON,
CAMPON CENU. COLOX
HANKOW
HONGKONG PEKING
KOBA
LONDON
MANILA
SAN FRANCISCO SHANCHAL SINGAPORE
MEDELLIN TIENTSING
PANAM &
YOKOBAMA
Cable Address:—"IWASAKI,” • Through its clasă atišinulon with The Nationa
City Back of Xsw York, the Bank in nila to vận chu Codes: Al, A.B.C. 5th Ed., West. Services of the branches of that Instilebem la Cabe
and South Guarica, Hamely ern Union, and Bentley's.
AGENCIES
CHINKIANG--—Mestra. GEAR- ING & O MANILA-Meners. MACONDRAY & Co., BINGA PORE Messrs. BORNEO Co. LTD, GLASGOW—Hestra. A. E. BROWN, MOFARLANE & Co., LTD.
For Particulars, apply to—
K KATO,
Manager
BAHIA, BUENOS AIRES, SAVANA, MONTEVIDEO, RIO DE JANEIRO SANTIAGO DE CUBA, SANTUR;!, HAG | PAUL), VALPARAISO,
BUSINES tracted
All linde of FOREIGN & LOCAL BANKING CURRENT ACCOUNTS opened and FIXED DEPOSITS received si zaims ED: be sortaldad me application.
K. 5. MARSHALIĄ
Малки
Hongkong, 26th September, 1916.
THE
Hongkong. No. 2, Pedfer Street, YOKOHAMA SPECIE BANK,
MARTIN:S" KPIOL&SIT!
LIMITED.
Established 1820, Authorised Capital;Yen 18,000,008 Paid-up Capital, 30,00000
Beserve Fund 20,800,000
·· Head Office,--TOKOHAMA,
THE ALEXANDRA CAFE Cannot be Beaten, if Equalled for Bread, Cakes, Confectionery and meals with Wines & Liquors. ! Hongk
EISHFOND, Mans
11 Bapt. 1