TELEGRAMS.

[Renter's Service The "Telegraph.”]

EARLIER TELEGRAMS.

BRAZILIAN VESSELS TEST GERMANY'S THREAT,

Faris. February 16...

A telegram from Rio Janeiro states that three Brazilian vessels have sailed for Europe since February 1,

AMERICA AND GERMANY.

Amsterdam, February 16. The Korrespondenz Norden" says the decision of the United States to permit the arming of American merchant- men has increased the chances of war because it deprives the submarine commanders of the last chance of placing the passengers and crew of American vessels in safety.

Washington, February 16.

The Germans have ordered the lowering of the American Aag from the American legation at Brussels.

Official quarters admit that this has greatly added to the tension of the situation.

London, February 16.

In connection with the German announcement permit ting Americans to continue relief work in Belgium and northern France, Reuter learns that America has consented on the understanding that the same conditions apply a heretofore.

Berne, Felmary 16.

The Kaiser's visit to Vienna is largely due to appre hensions of the Austro-Hungarian attitude towards Germany arising from the recent ministerial official, and court changes. Several of the new officeholders are wealthy and it is con- sidered that they are indifferent to Viennese financial in terests which are dominated from Berlin. Count Tisza, & strong pro-Kaiserite, is the only old minister who remains in order not to risk Germany's great displeasure.

Washington, February 17,

The demand mentioned on 18th inst, has been delayed pending verification of the newspaper report that the Yar- rowdale prisoners have already been released.

The State Department has enquired through the Spanish Embassy in Berlin the reason for the delay in the departure of the second train load of American officials.

THE SITUATION IN GREECE.

Athens. February 16.

A decree orders civilians to deliver their arms within Eve days under penalty of confiscation and a fine.

LATEST NEWS OF SUBMARINE WARFARE.

London, February 16,

The following sinkings are reported:--The steamers Cilicia, Ferga and Margarita (British) and three English trawlera; total 5,000 tons.

Landon, February 17.

The captain of the sunken trawler Mary Bell has been taken prisoner.

Amsterdam, February 15. Count Reventlow, in a newspaper comment on the House of Lords submarine debate, claims that the previous sub- marine campaign was not overcome by the British mensures but by the threatening diplomatic intervention of America. He fechly retorts to Admiral Jellicoe's statement made in the House of Lords, on 13th Sept.

THE INDIAN SILK INDUSTRY.

London, February 16.

In a paper before the Society of Arts, Professor Max- well Lefroy said that the great obstacles to the developmest of the silk industry in India were the sweated condition of & large proportion of the workers, lack of enterprizo, busi ness capacity and commercial honesty, and the enormous profits required by European capitalists. If there was & demand for raw silk products India could meet it if the English manufacturer plainly stated his requirementa

Lord Islington, who presided, said that the difficulties were formidable but not insuperable. The industry had retrogressed in some parts of India, but the demand for silk had increased and the Haj was now considering the report of the committee appointed in 1815 to inquire into the industry.

SILVER MARKET REPORT.

London, February 16.

The silver market is quiet and featureless;

THE WESTERN FRONT,

London, February 17, The scone of the fighting in Champagne is thirty miles east of Rheims. It is the biggest infantry action on this front since January 1916, when the Germans made their final but fruitless effort to recapture some of the ground lost to the French efensives on September 1015. It is difficult to see what strategetical is a preliminary move to the German campaign of 1917 is a preliminary move to the German campaign of 1019, butit is more probably a defensive action designed to protect impor lent communications, especially the Challerance-Bozancourt railway, which here runs parallel, to the front for fifteen miles. Its loss at any point would paralise the whole Gami man position.. The French who are at Tabure, only 1 miles dimant from the railway, road; several raida in this sector earlier in the week and the Germans may have anticipated the French plan to cut the railway.

London, February 17.

A French communique states:In the Champagne re- gion there was mutual artillery activity in the sector of Maisons-de-Champagne.

In Alsace one of our detachments penetrated the Ger man silent of Amertzwiller, and completely wrecked it, the enemy suffering heavily. ---

We brought back prisoners.

London, February, 17.

A German oficial wireless report states:-We repulsed a strong English attack southwards of Miraumont,

French advances westward of Berry-zn-bác, and mould- ward of Ripon failed.

Our acoplanes copiously bombed important

mente bohind the front and blow up sormal ammunitiþa dumps on the Bomma.

THE HONGKONG, TELEGRAPH, MONDAY, FEBRUABY

12.

TELEGRAMS.

[Beater's Service to the “Telegraph.”).

THE WESTERN FRONT.

London, February 17. Field Marshal Sir Douglas Haig reports that by a successful operation on both banks of the Ancre this morn ing we progressed considerably, We attacked to the south of the river and captured portions on a front of one and a half miles opposite the villages of Miraumont and Petit Miraumont. We penetrated over a thousand yards and advanced over a line within a few hundred yards of Petit Miraumont, We saptured to the north of the river an important position on the upper slopes of the spur. To the north of Bailloscourt Farm on a thousand yard front, we Muccessfully repulsed a counter-attack. The enemy's losses were heavy and we made prisoners of .265 of whom six were officers.

We carried out raids to the south of Neuve Chapelle and north-east of Ploegsteert and reached the second line at the latter. A large number of the enemy were killed and many dugouts were destroyed. We repulsed hostile parties west of Lens and east of Givenchy.

London, February 18.

A French zommunique states there was an intermittent crabonade on most of the front it being especially active in the direction of Ribecourt.

London, February 18.

A German evening official statement reports strong artillery fire on the Ancre. In the forenoon fresh infantry engagements developed.

vary

THE WAR LOAN'S SUCCESS.“

Gix

London, February 17.

The consensus of opinion on the war Junt is that it is the great- est financial triumph in the world's history. Estimates of the result

Thousand 10 from

1 hundred thousand millions of" new

but nioney

even the smaller figure far exceeds the anticipations of financiers who live weeks ago did not expect that more than two or three hundred more milliona would be procurable from direct public subscription, especially as the loan was handicapped by the conversion of the operations of the loan of 1915, which included two hundred millions from banks, which at present have not participated, but are confining their efforts to generously nesisting clients though it is no secret that they have arranged with Mr. Bonar Law that the money would be forthcoming whatever the result of the The overwhelming public response leaves the banks Iree to assist the Government in any further war finance.

Landon, February 17.

Joan.

num-

The baan, in other words, shows that bun, huge financial · #trength is conveniently concentrated and remains in the country. The features of the subscriptions included attractive instal ment payment schemer by municipalities and employers; also sweepstakes one of which on the Stock Exchange re- sulted in of subscription of £21,000. The ber of subscribers in 1915 was half a million. The indications of the number are now five million with a minimum subscrip- tion of 35/6d, compared with Germany's shilling. The War Savings Certificates are still, most popular. Their sale at Post Office prior to the loan campaign was a million weekly and amounted last week to cight million sterling,

London, February 17.

It is unofficially estimated that from a thousand to twelve hundred millions of new money has been subscribed

to the war loan.

IMPERIAL WAR CONFERENCE POSTPONED.

London, February 17, The Daily News" states that the Imperial War Con- ference has been postponed until April.

THE DIFFICULTY OF RESTRICTING IMPORTS.

London, February 17.

It is stated that the Government's chief dificulty in restricting, imports from the dominions is the danger of excluding essentials like grain, sugar, timber and ores, while some financial arrangement will be necessary to sup- port the exchange if silks, wines and fruits from France and Italy are stopped.

REBELS DEFEATED IN CUBA.

Washington, February 17,

There has been sharp fighting in Cuba. The rebels were defeated seventeen miles west of Havana."

ANOTHER NAVAL AIR RAID..

London, Eebruary 17.

The Admiralty announces that haval aeroplanes. effco- tively dropped heavy bombs on Chistelles nerodrome,

They also bombud Bruges harbour and shipping yester day.

FIGHTING IN THE BALKANS,

Loudon, February 17.

An official message from Vienna reports:Since morn- ing the enemy has been attacking our positions west of Earstrau, north-east of the Buzeu Pass. Fighting is pro- coeding

BRITISH SUCCESS IN MESOPOTAMIA,

London, Febriary 17.

In Mesopotninin we took the offensive on Thursday on the right centre of the Dabra bend on the right bank of the Tigris. We secured our objective on a seven hundred yard front and extended our gains by bombing to a depth of fiva hundred yards on a thousand, yard front. Wo oasily repulsed the counter-attacks, Later the left centre secured áte objective of a front of 550 yards and during the night cleared out the, enomy from amáli areas meuring the whole of the Dabra, band.” We mado prisoners of eighty-nine officers, of whom two were regimental commanders and three battalion commanders and 1,006 men. The booty fncludes five machine guns.. 2,500 rißen and large quantitios of munitions and stores. We advanced on Friday on a 1,200 yards front to the south of Hnumran Loop and are now holding the south-west corner of this ond

„London, February 18,* Two Turkish communiques admit retirements on the Tigris following British atte

HONGKONG SHARE REPORT.

8-SELLERS; SA=SÁLES; B.—BUTERS; N.—NOMINAL.

Banks

*

Douglases Steamboats Indos (Def.) lados (Pref.) Shells

$900

BANKS.

·BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE, and General Banking

Business Transacted

INTEREST ON FIXED DEPOSITS:

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager.

BANKS

HONGKONG & SHANGH||

BANKING

TION,

CORPORIT

Paid-up Capital..................$15,000,000 RESERVE FUNDS:

Starling

£1,500,000 at 2-

-$15,000,000 Silver...$18,000,000

Reserve Liability of

$33.000,000

Proprietors...$15,000,000.

COURT OF DIRECTORS.

Hoe, Mr. C. E. Antón

W. Fattendes. Eng.

Chem.

5. B. Dadwell, -Deputy Chairmas

G. T. X. Feng,

G. M. Gabbay, 24.

Fon, Mr. F.H.Horoak,

E. V. D. Patr. Eng.

Hon. Mr. M. Shašlini, -

CHIEP MANAGER -* Hongkong-, J. Habb, Hog Shoghai-1. G. Scepben, Zeg. London Bankers-London Cosety M Wasumineer, inmited.

Hongkong-Interest Allowed 1

On Currenpounts al ààr rate of 1 par c MAGN.On the dally Valence,

OFFICIAL PRICES.

BANKS.

5. MARINE INSURANCES. Cantoas North Chinas Unions Yangtszes

12. 6x 73 $255 *FIRE INSURANCES. · China Fires

$155 H.K, Fires

$3671

$715

D.

$375 t. 160

1.

11.

For 3 Months 3% per annum.

į. A. Pintzaner, Bag,

SHIPPING..

For 6 Months 4% per annum.

54

b.

$113 $19 $1272

11.

$414

1.

106/-

Ferries

b.

$55

REFINERIES.

Sugars Malabons

b.

$118

The Jud.

$34

MINING

Kailans Langkats Raubs

11.

36/-

Sh

3.

$2,40

Tronohs Urals

11.

1.

28/~ 281-

DOCKS. WHARVES, GODOWNS, &C. H. K. Wharves n Kowloon Docks Shai Docks

100€ + 10

1100

11.30 AM. 20

$83

50 at 1.344 20

$126

*

8.

't. 85

LION PRO

LANDS, HOTELS AND BUILDINGS. Centrals

H. K. Hotels Land Invest. H'phreys Est. K'loon Lands Shai Lands West Points

2014 PEAK

NOTICE:

NOTICE.

TRAMWAYS. 30. LIMITED..

TIME TABLE.

WEEK BAYS

1.00 MM, 20 400 KM Semer tị mielies 1.00 . 10 11:00 AM.

#

*

MIGHE CARLS Kas 200 sad a'aati, nga ruta ko 15.00 KEEL Opay bill kone

7.1 A

12.00 P.M. 10 24

7.30

every quarter til um koma » SUNDAYS

1.00 am to thye alm. Benar yg

10 30 64% 10

+4

E

*inates

$34501 KAORU CAR5 as an Wê% Dəyi

SATURDAYS

Bates Car s. 1 MİLİNG

SPECIAL CARE.

By Arrangment at the Company's * £16. Aluunaden Bulidings. Das Texx home. "“Sensor sad punch tickets, urallaăsis for mil can cot already fail, running at the time stated in the Compnay's time tables, but not for special tags. Our be obtained en application at the Company's Offic No Fama ticket will be imsand until gesmest the for has been made in Back Fous or by Cas

IL.

$99

6. I. d. $107-

b.

$91

b.

$6.50

11,00 4.3.

N

#512 so

11.00 DOW

11.

$ 38

100 Boar to

2:00 7:01 E5

t. 86

1

6:91 POL TA- that

H

10

5.

$78

31 M М

L

11

COTTON MILLS,

Ewos

n.

t. 145

Kung Yiks 6. S'hai Cottons 5. Yangtszepoos

t. 131

23.

t. 112 t. 51

Borneos

MISCELLANEOUS.

b. China Light & P. b. Providents Dairy Farms 1. Green Islands

$1,60

5.

$9.00

sa.

.$251, $11,50

¡H. K. Electrics. b.

H.K. Ice Co.

The

$49 $160

Ropes

II.

$844

Steel Foundries

n.

$10

Trams, Low Level n.

$7.20

Trams, Peak, old n.

$10

Trams, Peak, new n.

$1

Laundrics

11.

U. Waterboats b.

$15

Watsons

b.

$64

Wm. Powells

n.

$6

Morning Posts n.

$29

CORRECTED TO EDON MONDAY

FEBRUARY 19, 1017.

BENJAMIN & POTTS,

Share and General Brokers.

Princes Buliding.

Tel.-address: Broker.

EXCHANGE.

Demand...............

SELLING.

T/T

2/436

2/4 7/16

30 din. .....

2/434

60 d/s.

2/454

2/4/11/16

T/T Shanghai.........

Nom.

T/T Singapore T/T Japan

100%

1104 Nom

T/T India comp Demand, India Nom. T/T 8an Francia-} 561⁄4

co & New York

T/T JA¥8............................. 136 T/T Marks............ Nom. T/T France........... $.2814 Demand, Paris...... 3.29.

BUYING.

4 m/e. L/C ............ 2/5 3/16 4 m/s. D/P ...... 2/5 5/16 6 m/s. L/C

2/5 7/16 30 d/s. Sydney &}

2/5 7/16 Melbourne...***

30 dfs. San Franc-1 isco& New York!

4 m/s. Marks

4 m/s. FranOS

Compradors order representing Bank Koes.

JOHN D. HUMPHREYE & CO.

PROVIDENT

THE CHINA

LOAN AND MORTGAGE

CO. LTD.

(Capital Paid up...$1,250,000:)

LORI DE Mortgags of Horse Propanty ke. Goods received a

Advances made on Marchandise,

Louna condu on the Provident System.

Raum and Particulars on application).

The Often d

TRUSTEE EXEX UTOR OF WILLS, ATTORNEY, &c., Undertakes and Exseninde

SHEWAN, TOMES & Co.

General Managers.

MITSUBISHI COSHI

KWAISHA. (MITSUBISHI 00.

COAL DEPARTMENT.

BOYE TBOVRISTORS OF TAKASIMA, · OGHI, MUTARE, KISE. -IDAKE, YOSHIKOTANI, NOJO, NANA. ZUTA, SAYO, · KANADA, SHINNEW, KAMĮTANĄDA, BIRAL and DYNBAR Collieries.

Agenda for SAKITO ODEL.

HEAD OFFICE :-- MARUNOUCHI, TOKYO,”

BRANCH OFFICES ;—NAGABAKI MOJI KARA180, WAKAMATSU, OTARU. MURORAN, HAKODATE, KOBE OSAKA, KURE, TOKYO, TOKO- HAMA, NAGOYA, TSÚRUGA, VLADI. VOSTOUS

HANKOW PEKING I LONDON, NEW YORK, SHANGHAI

TONGKONG. HAIPHONG coi

CANTON.

Cable Address:—"{WASAKI," Codes: Al, A.B.A. 5th Ed., West-

ern Union, and Bentley's, į

AGENCIES:- CHINKIANG-Messrs. GEAR- ING & CO., MANILA-Messrn. MACONDRAY & CO., BINGA. PORE-Mess78, BORNEO

Co,

For

ON-JIKE DAPOSITE, mouths, 2 par ceas, para. For 4 months; de par cent, per Banks. For 15 months, € par cuL DEY SABEM, N..J, STABB,

Chief Manager.

HONGKONG SAVINGS BANI.

THE Burice of the above Bank is conducted by the HONGKONG AND SHANGHAI BARKIN

CORPORATION, Kalm may be obtained on applicatio INTEREST on deposita it allowed me the webe | Sanum tocanthly balances at Sjå per cent. per mattis. i- Depositões may transfer, at their option, bulan

of $100 or mors to the Hongkong and Shangh Bank to be placed on FX DEPOSIT at 4 cent" per anÝCH.

For the Hongkong and Shanghal Banking Corpana

N. J. STABB,

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

*Incorporated by Royal Charter löp-

HEAD OFFICE>~~LONDON. Paid-up Capitalın mundesinenuma Beserve Funding 1010mm.£1,000,ae Reserva Idability of Proprievkommer 12, 2000, 200 FOREIGN EXCHANGE and Geswel Dealing

businew transacted. -CORREKT · ACCOUNTA opened and FIXED DEPOSITE PIceived for 1 your or shorter periods, so rates which will be quoted on application...

T. C. DOWNING,

Manager Hongkong, 11th April, 1912,

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London, Authorised Capital ................£1,500,000 Bubscribed

Paid Up

Reserve Fund

BANKERS!

The Back of England,

1.135.000

$562,208

$50,000

The London_[cin, broch_Eask, Linked BRANCHES Jam

Boenberg

Calculia

Colombo

Dalki

Hongkong

Kandy

Howick

Port Louis (Mauricios)

Karachi Koca Barre Kuala Lum Madras Penang

Kangoo

tkanghal

Lingapore

RONGKONG BRANCH, Every description of Banking and Zachanga

· basincas transacted.

Interes allowed on Current Accounts at a par ons per saham on Daily Balanom, and on Fired Depois mi ratus which may be sacerstined on application.

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL. BANKING CORPORATION.

HEAD OFFICE:

134. Wall Buy New York

LONDON ÖFFICE:

3. Blaboyagata, Z.C CAPITAL PAID UP ......$3,258,000 RESERVE FUNDS $3,931,000

. UB. GOLD

BOMBAT

..$7.181,000

BRANCHES ---

HONGLONG PEKING.

CALCUTTA KOBR CANTON

CEBU,

COLON

HANKOW

SAN FRANCISCO SHANGRAS LONDON MANILA SINGAPORE MEDELLIN TIENTSIK PANAMA УОКОНАМА

"Through "lis dose afiliation with The National 'City Bank of Mew York, the Bank is abip to when the | Service of the Branches of that. Inazitucion in Co

and South America, Dlumaly sew

MANIA. BUENOS AIRES, KAYAMA. | MUSTEVIDEO, 210 DE JANEIRO

SAO BANTIAGO DE CUBA, SANTŐS, | PATLO, VALPARAISO,

-All klodɛ of FOREIGN & LOCAL BANKING BUSINERS transacted.

CURRENT ACCOUNTS opened sad PIXED DEPOSITA 10cKivudine vatan só be ancuinined ou application.

GEORGE HOGG,

Manage

LTD, GLASGOW—Hesar. AR BROWE, MCFARLANE & CO.LTD. Hongkong, 26th September, 1916,

574

Nom 3.4014

For Particulars. apply to-ą

K. KATO,

Manager,

6 m/s. France ...... 3.4514 Demand, Germany.. Demand, New York. 564% TIT Bombay ang ** Demand, Bombay.... Nom. T/T Calcutta Demand, Caloult... Num. 1124 Demand, Manfia Demand, Singapore. 1002 On haiphong.

On Saigon

214% prem

27 prem. 6511 8.40 Hom

On Bangkok Sovereign Gold Leaf, per os.... 47.70' Bar Bilver, per ox. 3334--

SUBSIDIARY COINS.

Jongkong, No. 2. Pedder Street,

MARTIN'S

EXANDRA QAY

DISCOUNT PER $100+

Chinese Chinese Rongi

20 oka pisosa 42 diz:

THE

Cannot for D

Beaten if Edmu

and m

THE

YOKOHAMA SPECIE BANK,

...LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000

Paid-up Capitali Reserve Fund,

$30,000,000

Head Offos,--YOKOHAMA,

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