will
going ships
GENERAL
Construct
OCE BA-
of Emall size.
a
Dee re.
Anden on,
if
THE HONGKONG TELEGRAPH, FRIDAY, MAD
SHIPPING NEWS
40
7,890 tons net.
4
1917.
HONGKONG SHARE REPORT:
S-SELLERS; SA.—SALES; BBUYERS; N-NOMINAL
OFFICIAL PRICES.
BANKS.
H. K. & S. Baoks s.
Cantons North Chinas Unions
.
BANKS.
BANK OF CANTON,
LIMITED.
HEAD OFFICE, HONGKONG
FOREIGN EXCHANGE and General Banking Business Transacted.
INTEREST ON FIXED DEPOSITS:
For 3 Months 3% per annum.
For 6 Months 4% per annum.
Chief Manager.
$71216
MARINE INSURANCES.
Da
π
Yangtszes
H. K. Fires China Fires b.
"
b. SHIPPING.
$350, t. 150 $870 Lex 73 $217. FIRE INSURANCES.
$146 $5.25
n.
$.
$381 $18
4.
b. x. d. $105.
a. x. d. $10
For 12 Months 41% per annum LOOK-POON SHẬN,
Д
b.
1077- $92
$... b.
$119
$30
MINING
Kailans Langkats.
31/6
b.
t177
Raubs Tronohs Urais
A.
$2,70
9.
11.
27/6 $21-
DOCKS, WHARVES, GODOWNS, &C.
1.00
10
$89
6.00 to 10:00 to 11.200 AM to
B.00. 1000x
EVERY 15 MEX,
10 340
."
$123
15.
12
to
10 M
t. 90
15 M
10 Max.
is Mex.
"
10 Mis
Sugars
C
REFINERIES.
H. K. Wharves 6. Kowloon Docks S'hai Docks
! LANDS, HOTELS
Centrals H. K. Hotels Land lavest. Kloon Lands H'phreys Est. Shai Las West Points
AND BUILDINGS.
11
**
b.
$99 $100
$971
b.
$6,25
n.
$38
IL
t. 80
b.
$77
COTTON MILLS.
b.
t. 15)
b.
t. 1416
►
b. & sa. t. 129}
Ewos Kung Yiks Shai Cottons Yangtszepoos
1. . t. 514 MISCELLANEOUS.
German Shipbuilding in 1916. Rickmers company only bad a few They are of the flash deck type 15.9 ft diameter by 11 6 ft. long. The Hamburger Wert, in which of its fleet of 16 vessels in German with a total length of 517 feet, a The boilers are fitted with a hot- Hamburg-America Line is the ports, and several of the other beam of 68 feet, a depth to shel-air system of forced draught and principal shareholder, recently were captured or sunk. About ter deck of 38 feet, and have as so equipped as to use sither held ita first anaal general meet month ago it sold four of ita carg deadweight carrying capacity oil or coal for feel. Each engine ng, with Herr Albert Ballin in steamers-two of them to the Ger when loaded to a draft of slightly bas its own auxiliarie", thus the chair. The four months siroman Levant Line, its former com- the establishment of the company petitor in the Mediterranean trade fons. In common with modern against a possible bresk-down of over 27 feat, of nearly 15,000 providing additional insurance were occupied to a large extent it and two to the Hamburg firm of practice in tank ships, the pre-the entire propelling machinery. the construction of building slipe | Karl Wohlenberg. The very con and workshops, and in the scsiderable expence of maintaining and so is now becoming qui'e, supplying necessary steam for port pelling machinery is Iccated aft, A large donkey boiler is fitted for quisition of mechinery and tools. those of its ships lying in foreign customary, they are twin-screw use. The appliances for handling Having regard to the difficulties parts, the payment of wagon torearele. Each Teasel has ten ergo oil are pecessarily quite arising from the ata te of the crews, and other ontgoings main oil tanks divided by an elaborate. For this purpose there war, We bave
reason to have imposed a heavy financial be satisfied with the progress burden on the company, and this tight centreline balkhead into are two large pumpe installed in that has been made, and it will no doubt has been one of the re-making twenty compartments, near the middle of the oil tanka. two compartments each, thus separate pump room located be possible to proceed with the saons for the
transaction le additior, there are on each side. These pampa are connected to the laying of the keel plate of our | mentioned above.
of the vessel in the wings between several oil tanka by two lines of firet ship in the early part of the The Future Supply of Marine main sad upper decke six sam- piping for each of the three aab. Douglases ourrent year. As the business
Englacers, year only extended over four Where in the near fatare are pertanks so that there is a total divisions into which the cargo oil Steamboats Indos (Def.) Indos (Pref.) months, and can be regarded only marine engineere for the merct of $2 oil compartmente, the com.sy be graded, Fad so connected abe building year of the yard snt service in etme from? seks bine capacity of which makes that two kinds of oil may be load-Shells itself, it is not proposed to eat the Journal of Commercs. There grand total of 5,000,000led or discharged simultaneously. Ferries mit any profit and lose account,'
"appears to exist in certain circles llons. These tanks are so enb- Valves are so fitted as to enable The Hamburger Werft intende to grave fear that if an actual divided by offerdams and pamp either pump to draw from any devote t:elf to the building of shortage will not prevail, there com that three entirely different compariment and deliver into any Masons aleamers of uniform-type in certainly will be a dearth of grades of oil may be carried at of the other compartments, and asries, while the El-Bether adequately trained marine engi- the same time without possibility also that either or bath pamps, yard
Professor
of mixing. In all there are four can discharge separately to either Wemyss of the Liverpool complete ath wartabip cofferdams or both sides of the vessel for the purpose of subdividing the Appliances are fitted for ex Another new yard for the pro-University, has already sounded oil tanke, to separate the latter from hausting the oilspoor from the duction of merchant ships, the note of warning on the subject, the general cargo space and the tanke, and steam coils are also establishment of which was an- and, there is much evidence to pounced at the beginning of last show that he is justified in doing bonkers, and to separate the bailer fitted in the tarks for heating the month, is the Pommern Werit. 60. It is, perhaps, somewhat room from the bunkers. In ad oil bes necessary to facilitate tion to the tanke for the cargo oil pumping. For lighting the vessel This appears to be a parent can difficult to inne one's thoughts to the main bankers are arranged so there are two generating sets of pany founded in Berlin with matter of this obarácter during as to estry either fuel oil or coal, 20 k.w. each, and is addition, an capital of 12,000 marke, which these auxious and harassing days, and there is also a deep tank for emergency set. Steering gear, if is proposed to invite the public bat it appears to be very certain to increase to the extent of that the question will obtrade itself ward divided into two compart windlass, winober, , are all 10,000,000 marks. The company
ments in which fuel cil may be car-steam driven, and are all of bigh не rend Bright the has an option on a piece of land signs of the times. E lucsticnalists tied a total tank capacity of 475,000 grade. A refrigerating plant with in the neighbourhood of Stettin are our suthority for the statement which is the equivalent of about day is provided for cooling ship's gallons of fuel oil being provided, a capacity of two tons of ice per Di the Settic-Swinemunde that the youth of the country are Ship Canal, with a water front showing leae inclination than 700 tone. Coal bankers are el-o stores. Her ficial measurement of 750 metres, and it proposes ever to don the overall, with the Provided for a total capacity of is 10,289 tona gross register, nad to engage in the series construereault that recognised authorities 2,000 tons so that whether using tion of cargo ships, the types are viewing the outlook with a oil or coal for fuel, the vessel bae.
The Ol-Engined Barge. immediately contempleted being good deal of perturbation. It is sufficient capacity for at least 4,000, 7,000 and 10,000 tons." I pot for us to attempt to indicate days, steaming at fall At different times it has been may be mentioned that the eatab how the situation may be saved,
epred at Be, which
ia pointed out that the most suitable lishment of the Pommern Werft that we hope will be done present equivalent to a radius 10,000 installation for the motor barge is has called forth a certain amount ly; our immediate purpose will be miles. La general appearance, the the heary syne pare fin eet or bot of onticism in the Press. The served by calling the attention of Wm G. Warden ie moch like the bulb motor. In almost every osse Berliner Tageblatt, for example, shipowners to the danger which, somewhat emeller tankers John engizes of the said types have complains, that the frat ection of no bigger then a man's hand D. Archbold and John D. Rocke been fitted, and results have besa the company, after it had received now, is like to develop into feller, built by the Newport News satisfactory, & fact which is shown several preliminary puffs in the spacious proportions. That Pro Co, for the same owners in 1914. by the incressing number of motor newspapere, was to exclude the fessor Anderson had grod ground The new vessel, however, has propelled barges now employed Presa from the meeting, at which for focussing public opinion on three maste, whereas the earlier on the Thames and Medway, as also it wsadecided to raise the capital the matter is clear from the fact ships were rigged with two only. on the pricipal English canals. to 10,000,000 marks. It is necessary, that besides the efforts which the The living accommodations are Lately, however, there was put the journal points out, that before Liverpool Engineering Sciety is unsually complete. There are into eervice on the Medway a 120. small capitaliste lead their sap- patting forward in the matter, private baths for the captain, ton carrying barge, in which the port to the concern they should the Institute of Marine Engineers chief engineer, doctor, and parser mechinery took the form of a be quite clear as to its actual is holding under review not only at well as separate baths for the b.b.p. Saver Diesel. The engine deck officers, engineers, petty being of low power is not directly position. All they have at pre- the question of the Be consists of vague promises apply of marine engineers, bat officers, firemen, and sailors. All reversible, but is coupled up to a and plans. Cantion is all the sleo the qualifications of men living quarters are beated by reverse gear. The performances mare nccessary, the "Tagleblatt | to fill the higher and more steam... A hospital is one of the vessel, the Clinkham, will declares, because reports here responsible
features, asno doubt be watched with more positions. When of the reached it to the affect that the thought is given to the fact is also a radio-telegraph outfit than a passing interest, as the property acquired or to be acquir that a modern steamboat is a The total complement of the general opinion is that ibe pare ed by the company is. not parti-complex and complicated box of Tereel is about 66. The vessel Diesel engine of such low power cularly suitable for the con machinery it is obviously in the was built under the special survey is much too intricate to be us straduon and working of a interests of the nation as a whole of Lloyd's Register for highest by the ordinary caskilled band, shipbuilding yard, and that there that everything should be done rating. A combined system of There may be a slight saving in is not much prospect of obtaining that can be done to bring into longitudinal and transverse from the fuel cost, but in the writer's. an adequate staff of workmen. being an adequate supply of well ing is used in the constraction, opinion the d frence is more Yanother development in the trained marine engineers, without some of the features of which then likely to be outweighed by German shipbuilding world is the whom our mercantile marine, the have not heretofore been used in the coreiderable increase of the extension of the Reibaretieg pride of the nation, will not be any other vessels built in the annual repair bill. It is, indeed, Shipbuilding Yard and Engineer- able to soar to the heights of United States, and this coupled difficult to see what best fit is to ing Works, of Hambara, which abich it is capable. The quest with the ac usual feature of ex-be derived by fitting a high com- is purchasing the adjoining ship. ion does not concern. merely Fansion tanks over each main pression motor of such low power building yard of J. H. N. Wich-educationists and
oil tank of two fall deck heights in a commercial boat where technical borst. The latter firm, which has societies, but it is equally vital to makes this type of vessel of mere simplicity sad reliability are the been in existence since 1834, will the shipownere, and we it take than nanal interest. As beretofore points to be simed at. be dissolved. Finally the well- apon ourselves to enggest that mentioned the vessel is provided Diesel engine has its own field, known Rickmers shipping and | the attention of the official with twin crewa. The motive and stands unchallenged for of two sets powers over 600 b.b.p. or 700 shipbuilding firm is to undergo sad several organisations of power consiste
considerable transforms the shipowners be drawn of
trip-expansion engines b.h.p., but the easily handled on, the National Bank for to the matter, with a view to com- with a total of 3.000 i.h.p., for hot-bulb or parafia set is co- Deutschland is to take over mon action being taken. We are team which is furnished at a doubtedly the installation for the the majority of the shares which all perfectly familiar with the pressure of 215 lbs, per square low powered email industrial mye been hitherto beld" by the methods which are being adopted inch by three Scotch boilers, each bost,-Journal of Commerce. Rickmers femily. This seems to by shipowzers for the training of be an extension of the movement deck hands. Is it not possible that Ender which important German similar methode be pursued in financial institutions are acquir- regard to marine engineers? A mg large interest in shipping joint national committee, and shipbuilding concerns. Bepresentative of all the various in- Then the war. the Rickmers, tereate, could surely bring about
hipbuilding yard built two the resulta desired, #three abips per annum
fature
TC-
New Standard Qil Ship. about 8,000 tons each, for The bulk-oil steamship Wm. G. he use of the family.com | Warder, which has been com- bat under the new arrange-pleted recently by the Newport. mfit will endeavour to increase News Shipbuilding and Dry Dock production and build for the Co, Newport Newe, Va., for the al market. Incidentally, it Standard Oil Co., is the third of te mentioned that the Rick-five similar vessels built and company has been very badly building for the same owners by by the war. It was always a the Newport News establishment. ery independent ocncern, and a The preceding vessels of this type fhorn in the side of Herr Ballin, are the Charles Pratt and H, H. whose "policy of groups, Rogera. These vessels are by far and conferences it did the largest tankers Jet con- e. For a long time it structed in the United Sistem, Con a rola war sgainst and are only slightly exceeded Asiatic Confer in size by a few tankers in was formed by the the entire world. Some ides of, American Line, and their caproity may be obtained was only ended from the fact that each veseel
of the war, has a tank capacity for ever time.
8,000,000 gallons of cargo oil.
modera
Tas
WHEN YOU REVIEW THE SITUATION
on the market for beer, of couse you will settle on PRIMO because it has been tried, proved and endorsed by all lovers of wholesome beers.
An Idea beverage
for summer
months.
Stocked by all Wine and Spirit Merchants and Hotels In the Colony.
H. RUTTONJEE
& SON.
Road
n.
Borneos China Light & P. n. Providents Dairy Farms Green Islands H.K. Electrics H.K. Ice Co., Ropes
Steel Foundries
38 $1,75
n. b.
$8
b. & sa. b. x. d.
1.
3.
$281 $8 $49 $151 $2814 $10
Trams, Low Level ea x. d.$6,70 Trams, Peak, old a Trams, Peak, new n Laundries
b. U. Waterboats
П. Watsons
b. War. Powells Morning Posts 1.
$9.80
$3,40 $18
$6.85
S.
$6,60 $29
CORRECTED TO NOON FRIDAY
"MAY 11, 1917.
BENJAMIN & POTTS, Share and General Brokers.
Princes Building.
Tel. address: Broker.
EXCHANGE.
SELLING.
C/T..... Demand
30 dia. 60 d/s.
2/456 2/4 11/16 2/434
·2/13/8 2/4.15/16
4 m/s....... T/T Shanghai.... Nom T/T Singapore......1016 T/T Japan
11134 IT indis
Nom. Demand, India Nom. T/T San Francis)
561 co & New York). TIT Java........... 1373⁄41⁄2
Marks Nom T/T Francs ............. 3.24 Demand, Paris. 3.2444
DAN..BUYING.
4 m/s. L/C
4 m/s. D/P
6 m/s. L/C
2/5 7/16 ....... 2/5 9/16
2/5 11/16 30 ds. Sydney &Į
2/5 11/16 Melbourne.ne
30 dis. San Franc-58
isco& New York/
Nom. 3.36
4 m/s. Marks 4mfa. Francs ******. 6 m/s. Francs .......41 Demand, Germany,, — Demand, New York (6% TIT Bombay in Demand, Bombay... Nom. T/T Calcutta ...... Demand, Calcutta... Nom. Demand, Manila... 11334 Demand, Singapore, 10134 On Haiphong......... 3% prem. On Saigon...
224% prem. 6444 8.30 Nom.
On Bangkok Sovereign.
Gold Leaf, per oz... 49.30 --- Bar Silver, per oz.......... 377/.6
SUBSIDIARY COINS,
DISCOUNT PER $100: Chinese....... 20 ots, pieses Chinese10)
„Hongkong 20 cta: pieces“ paY.?.
ongkong 10 Wan
NOTICES.
NOTICE. DEAK TRAMWAY CO. LIMITED.
TIME TABLE -
1.15 2.32 to
1.45 FL10 $15x
5.P.3. to
11.00 19.157.36 1.15.J
1.15.
2.45 M
5.00 7.30
NIGHT CARE.
BCP $ x 93
7.00 LIC
110GP.X. every half hour..
11.00 .3L to IPL
avery quarter of an hour, SUNTATE:
Bear 15 Mi
8.00 AM, LO 10.30 4.4. 20.30 AM TO $1.00 AM 11.30 AM to 195 Noon 1200 Noon to 10
1,000 to £.30.3. 620 x 10
1.00 1.36. 6.00 to 8.90 P 63023, to 8.00 234
-NIGIFT CABS as a Week D
'
BATURDATE
Extra Car at Midwiche SPECIAL CARS
10 MIN.
15 MIN
TO MIX
33 MIN
19 MIN.
30 MIN.
By Arrangement at the Company's Often, Alatantra Balditage,
Den Tom Ross
*Besson and punch dekets available for ali sams.not already fail, running at the flour (dated in the Company's time tablow, but not for special care, can be obtained on, agailesting at the Company's Odkor -No Season ticket will be Seed untu yayment theraler has been made in Bank Notes or by Chaque or Compradore order representing Hank Soton
JOHN D. HUMPHREYS CO.
THE CHINA PROVIDENT LOAN AND MORTGAGE CO. LTD.
(Capital Paid up...$1 250,000.)
Lo on Mortgage of stonse Property, du Goola received on Storage, Advances Made on Merclianetan. Loans made on the Provident System.
TRUSTEE EXECUTOR OF WILLS. ATTORNEY, an Undertaken and Expented. (Rates and Partintars on application) To the Office of SHEWAN, TOMES & CO
General Managers.
MITSUBISHI QOSHI KWAISHA. MITSUBISHI CO.) COAL DEPARTMENT,
SOLE PROPRIETJES. OF TAKASIMA UCHI, MUTABE, KISH. IDAKE, YOSHINOTANI, HOJO, KAMA. ZUTA, SAYO, ́ ́KAKADA, SHIRREW, KAMIYAMADA, BIBLI and QYUBAR Colllories.
Agents for SAKITO COAL
BANKS. HONGKONG & SHANGE AI BANKING CORPORA,
TION,
Paid-up Capital $15,000,000 RESERVE FUNDS;
Stering
£1,500,000 at 2/-
-$15,000,000
Silver ...$18,500,000
$99 500,01 €
Reserve Liability- of.
Proprietors...........$15,000,00 COURT OF DIRECTORS.
5. H: Dodwell, Zeg, -t dsima”.
3. A. Mammer. 34, Deputy Chairezas. Hea, Mr. C. Enton, &. I. M. Zaties, Bag C: Gubday, Ing. Bes, Xz F. E. Hoyos, L. V. D. PAIT, Ege R. La Pattenden, megmut Chairman Bon. Ir. K Shelika,
CHIEF MANAMRE
Hangtong --N. J. Studd, Enga
MAJADER
Shanghai G. Gorsban, Ex. London Bankers-London County KINCH
Weslawie, Limited,
Hongkong-attest Allowed ?
On Cuntot Accounts at the rate of 3 par rewa
antem on the daily balance.
For
For
ON FILED DATOSITA
sounts, If per cent. per angival, zombe, 34 per stat, per anha-a
For is manchi & per cest per soñan. N. J. STABB,
Chief Managers
HONGKONG SAVINGS BANK.
THE Basiness of the shove Bank is conducand by the HONGKONG AND SHANGHAI BANKING FORPORATION.
Rain may be obtained us application! INTEREST on deposits is showed on the main- Imum maibly balances at Esi per cent, per aÆRUNE
Depositors may transfer, at their option, balanos of $400 or more to the Hongkong and Shop chad Bank to be placed on FINED DEPOSIT M 4 cent per schum,
For the Hongkong and Shanghai Banking Corpor
N. J. STABB,
Chief Manager.
THE CHARTERED BANK (F INDIA, AUSTRALIA AND CHINA.
Incorporated by Royal Charter 183.
BEAD OFFICE-LONDON,
Pald-up Capital
£900,000
Reserve Liability of Proprietarijanczita FORZIGN EXCHANGE and General Bankine
business transacted. CURRENT ACCOUNTS Osed and Fo DXPOSITS received for 1 yr or snarter perioda, 23 rates which will be quoted on application,
T. C. DOWNING,
Mazago Hongkong, 11th April, 1912,
THE MERCANTILE BANT (P
"INDIA, LIMITED.
Head Office 15, Gracechurch
3treet, London. Authorized Capital ......£1,500,000 Subscribed
Paid Up Reserve Fund
T
BANKEBA The Bark of Englan
1,125,000
562,500
600 000
The London Taina Stock Bank, I imitad
BRANCHE:
Bombay
Calentin
Colombo
Delhi
Galle
Hongkong
How ab
Kandy
Port Locis Cauritius.)
Karnehl
Kota Bhar
Kuala Lump
Mayas
Penang
Rangoon
banghai
1ingapore
PONGKONG BRANCH,
Every description of Banking, and Exchangs Business transacted
interest allowed on Current Accounts ste per ce per atoom on Daily Balances, and os Fixed Depois rates which may be ascertained on application.
C. CHAMPEIN,
Acting Manager.
INTERNATIONAL BANKING-
CORPORATION,
HEAD OFFICE:
19. Wall St., New York
LONDON OFFICE: 34, Bishopsgate, EC.
CAPITAL PAID UP...$3,250.000× RESERVE FUNDS.
$4,250,000
...$7,500,000-
U.S. GOLD
BRANCHES :--
BOMBAY CALCUTTA
CANTON
CESU.
HEAD OFFICE :--
COLOR BANKOW
MARUNOUCHI, TOKYO.
HONGKONG
XOBR
BANTO DOMINGO LONDON SHANGHAI MANILA SINGAPORE MEDELLIN TIENTSIN PANAMA
PEKING
YOKOHAMA
SAN FCISCO..
SAO
BRANCH OFFICES :-NAGASAKI Through is close aikazion with The Natic MOJI KÄRAISU, WAKAMATAU, City Bank of New York, the Bank is able to oil at tha OTARU MURORAN, HAKODATE, Ses of the Branches of the Institution in Cub KOBE OSAKA ZURE TOKYO YOED BAHIA BUENOS AIRES, CEBOL, HAVANA HAMA, NAGOYA, TSURUGA, VLADI MONTEVIDEO, RIO
GENOA, DE JANEIRO VOSTOCK. HANKOW, PEKING, SANTIAGO DE CUBA SANTŐS, LONDON: NEW YORK, SHANGHAL PAULO, FEIBOGELD VALPARAISO,
BONGRONG, TA PHONG Lnd
All kinds of FOREIGN & LOCAL BANKING CANTON,
BUSIN765 transacted.
CURRENT ACCOUNTS opened and 799**. application.
Cable Address:"IWASAKI, Codes: Al, A.B.A. 5th Ed. West- ern Union, and Bentley's.
AGENODES:- CHINKIANG-Messrs. GEAR- [ING & CO., MANILA—Moss1N, MACONDRAY · & "Co., SINGA-
-
DEPOSITS received at rated to be shotand
GEORGE HOGG, Hongkong, 26th September, 1916,
THE JOKOHAMA SPECIE BANK,
SON LIMITED.
PORE-Messrs. BORNEO COYO
LTD, GLASGOW--Messi. AR EROWN. MCFARLANE & CO., LTD.
For Particulars," apply ter?" K. KATO,
Manager, Longkong, No. 2. Pedder Street,
NA MARTIN/8.
M
Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital ... 30,000,000 Reserve Fund 21,300,000 Head Office.—YOKOHAMA,
Brockie Antung-Raion
Bamber Cente Changcham
Magrank!
OND