COMMERCIAL NEWS.

GERMAN LIES.

Story of Firing on Enemy in

Water.

12

THE HONGKONG TELEGRAPH, TUESDAY, MAY

JAPANESE AMERICAN -

COURT OF CHANCERY,

ASSOCIATION.

Interesting China Will Case.

In the Chanoury Division of the last month, the case of Risch High Court, before Mr. Justive

Hay and others, which was part

The Tungchuan Mines. In opposition to the plan for transfer of the ownership of the Tangchuan mines from the people to Government, the Pre- vincial Assembly of Tannan häs

The German Wireless Press sent a telegram to the Govern ment stating: "During the late age of March 6 quotes, so article in the Norddeutsche

makes the following announce

The Secretary of the Admiralty Inaugural Meeting at Tokyo.

state are unworkable. The men declined to bandle the coal, not withstanding the Minister's sán surances that it was Government coal and that the ship was engig-

menti

the water.

Barvicka.

.

1917.

HONGKONG SHARE REPORT.

8-SELLERS; SA.—ŠALIS; R-BUYERS; N.—NOMINAL.

Cantons

H. K.

OFFICIAL PRICES.

BANKS.

BANKS

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE, and Business

Banking

General Transacted.

INTEREST ON FIXED DEPOSITS:

$705

MARINE INSURANCES.

n

11.

$850 t. 150 $870 I. ex 73 $917

$146 $325

For 3 Months 3% per annum,

SHIPPING:

Ib.

$8116 b. $17.50 b. & sa $106 B.

For 6 Months 4% per annum.

1.

.b.

$10 109/- $30

For 12 Months 4}% per annum LOOK POON SHAN;

REFINERIES.

D.

sa

$107 $80

3.

n.

3246 t. 17 $2,65 27/6

391-

MINING

$99

b:

$100

sa.

b

Π

Shai Lands West Points

b.

b.

$95 $6,30 $33 t. 80 $75

COTTON MILLS.

£15)

b.

t, 144

b.

. 121.

b.

£4,70

MISCELLANEOUS,

b

electrics

$4.50

D

$8

12.

$23

$7.80

b.

$49

$151

$28

The inaugural meeting of the Japanese-American: Asociatior, ing Dynasty the Tangobusa Allgemeine Zeitung, headed by Japanese and American resid: heard on Feb. 27, was concluded, H. K. & S. Banks D.

which has been recently organised mines ware operated by the Baralong case in the Cameroons." enta in Tokyo, cfficial and civil..ttlement suggested at the first Government, but on account of This articie purports to give aian, was held on the 11th instant bearing having been carried the great - "financial.

losses, description of an action between the late General Tisi

at the Bankers Club in Marun through Ao the armoured German Govern- sited a capital from the people mentateamer Nachtigall and B. Monchi, Tokyo. C 200 persons

North Chinas Mr. Hugher, for plaintiff, caid o continue the enterprise, which S, Dwarf in the Cameroon river on Torauchi, the Premier, and other the action was one in respect of ar

were present, including Count at the opening of the case that Yangtszes

Unions » has now become a great success. the night of September 18 17 members of the Cabinet, and the alleged breach of trust with regard If the Government should try to 1914, and alleges that, after the ets of the American Embassy. to the realisation, or non-realian C. In Frees

FIRE INSURANCES; deprive the people of the owner officers and crew of the Nacht After the dinter a number of of the estate of the testator, Mr. ship of the mines it will impede gall had abandoned their veseel speeches were delivered bearing John Bisch. The securities in Douglases

tion of cartain shares forming part

b the progress of the mining the Dwarf opened fire upon them on the inception sad work of the dustry in the country. This whilst they were swimming in

etion of the Government will

Association.

question were shares in a ship-Steamboats destroy the confidence of the

building and engineering com Indos (Def.) In view of the fact that this is. Viscount Kanske, the President, pany at Shanghai (Boyd and Co people. There are many other

Indos (Pref.) a repetition of the version given was the first to speak. He said the Ltd.), and they were an asset of ines awaiting development, and in the Berliner Tageblatt

Shells impolite for the Government September 11, 1916, the officer Ons was to bring the nationsts of smalgamation of the company On Association had a dual obj-of, considerable value. Upon an

Ferries deprive thousands of share in command of the Dwarf at the both countries into closer contact with two other companies, 8. C. Sugars Golders of the Tung chgan. Mines tims of her sction with the with each other with a view to Farnham and Co., Ltd., and the Malabons of their livelihood.

Nachtigall has been called upon removing the misunderstandings Shanghai Engineering and Dook Japanese Coal for New Zealand. for a farther report, in which he and ill-feeling crested between Co, Ltd., the trustees look shares Kailans

Wellington correspondens,tegorically denies the Garman the nations for several years past in the new amalgamated company, Langkats writing to a shipping cor tempor charges, and which, for the sake by the Yellow Press. The other which were not within the trust Raubs ry states that recently a cargo of clearness, ia bere reproduced object was to make both nations for investment and retained those Tronchs

coal, described by the Minister

Co-operate in international quest for many years without apparent Urals WorkLabour (Hon. W. B. Herries) Verbatim:

Admiralty cost," arrived. There is no truth whatever ione in the Far East, the successly making any effort to sell them. in the statement that the Dwarf's ful solution of which chiefly reated | The result had been a very serions there.f.om Japan, via Australia.

DOCKS, WHARVES, It "black" coal, and brought 88 were fired at men in the upon therr, seeing that their loss to the trust estate. Ia H. K. Wharves. s.

GODOWNS, &C. esland in anticipation of water.

countries are affected by the addition

$78 to that, continued Kowloon Docks The Minister himself From the time that the present European war to a smaller counsel, they invested cash form Shai Dacks

38. $120 & 120} file men at their labour wait. Nachtigall was first sighted antil degree than England, France and ing part of the estates in taking

21.

t. 931 all and explained the position searchlight was kept trained on

the dease fits was sounded the Russir.

LANDS, HOTELS sheres of this new company, the

AND BUILDINGS. hem, but there va consider the ship, and the fre of the gune who followed, said that all Japan- was plainly not within the power H. K Hotels

Court Terauchi, the Premier, amalgamated company, which Centrals demor, and some of the men demanded the releass from im

was directed at the ship only.

ese were grateful to America for of investment. The will of Mr. Land Invest. -- zagment of certain labour trained on the water to assist the [in establishing the progressive he appointed Peter Ventnor Kloon Lands 3-The sesohlight was then the valuable assistance given them Riach was made in 1891, and Hphreys Est. rers and lecturers who are Dwarf's boats in picking up policy of opening the country to Grant wing sentences for seditious

and the defendant, mtingences in public. The Minister

Prentice, foreign intercourse. Though the John

executors 4-No boat was seen to leave national regime of the two and trustees. He bequeathed all amphatic in his assurances that the Government in require the Nachtigall, and if one did so contries differed from each other, his real and personal estate not Ewos ing the discharge of the coal must have been from the both countries had in common otherwise disposed of to the tras. Kang Yiks was not in any way interfer-opposite side, from where it could regard for humanity and teee upon trast to convert into S'hai Cottons ing between the men and the not be seen from the Dwarf. love of pesoe. For the past fifty money, and out of the money pro Yangtszepoos

5.-The statement of Lieat. years relations between the two daced to psy legacies, etc., and shipping comparies in disputes Wendling (of the Nachtigall) in countries had never been strained, invest the residue, paying the Borneos eated by the men demanding 2 per hour for a day of the last paragraph of his letter, though some dificult questions income thereof to his widow during China Light & P. 4. eight hours and conditions of that he" charged me with having sometimes arose between them, her life, the estate afterwards Providents

ordered are to be opened upon Improvement of communications reverting to the children. Testator Dairy Farms Labour which the shipowners German sailors adrift" is also bas considerably shortened the died in 1892, and Mr. Hay was

did I make use of the expression: countries, sad absolutely without truth. Neither distance separating the

two appointed a trustee in 1898 on H. K.

H. K. Ice Co their: matuel the death of Mr. Grant. I couldn't stop the boys in the interests have grown oloser by

The events complained of were

Ropes excitement of action,"

Steel Foundries. .

$10 the recent decision taken by in 1901 sad in 1906, at which carrying New Zealand coal 6. Lieut. Wendling was put America to participate in the war. time the two trastess were Mr.

Trams, Low Leveln. $6,60 for the Admiralty. However, the on his parole on board the Dwarf Bath nstions must make es nest Hay and Mr. Prentice. In 1909 men bare now agreed to work and treated as a guest in my efforts to improve their role Mr. Hay retired, and the defen-Laundries the coal on payment of extra cabio. He was afterwards rent on tions in onjunction with their daat Mr. Potts was appointed in U. Waterboats

board H.M8. Cumberland, and fages on account of ite being of i danty nature.

when leaving the Dwarf he shook respective Governments. It was his place. The present claim was Watsons hands with me. I do not consider sincerely to be desired that the against Mr. Hay only, leaving him War Powells Japanese Hosiery Goods.

members of the Association to establish any right of contri. Morning Posts n. The following is from the it likely that be would have done should make earnest efforts to bation he might have against Mr. Japan Cronicle:-It" was thie had he at the time been cement the relatione of the two Prentice-Mr. Maughan, for defen- tood that the Japanese satho- under the impression that I had countries, thus falflling the dents, caid he would not argue that ities bad been in communication given orders for his men to be object for which the Association there was not a technical breach Tilh Downing Street with a view fired at in the water.

had been formed. to securing a car cession in regard 7-Lieut. Wendling received

of trust. Mr. Hay, however, had Viscount Motoro, Ministar of volved the retirement of Mr. assented to a saggestion that in to the British prohibition of the wound in the head on the night Import of hesiery gooda. As men- of September 16, for which he Foreign Affairs, who was the Prentice and Mr. Potts from the tooed in this column some time was attended by the surgeons of next speaker, stated that nothing trusteeship (they had been away. ago, there were, as matter of the Dwarf and Cumberland. Is had more influence on the future for more than twelve months), weal of humanity the appointment of two new fact, some indications showing, would appear that this wound common that, along with the substantial must have affected his memory.

than Japanese-American rela trustees, and the payment by Mr. Accions already granted in

tions." The Pacifio quest Hay

and Mr. Prentice of regard, to other goods, some

ions had the zamr, it not a 14,000 in fall satisfaction of all ***** sach concession was also not present purpose

greater, significance as Mediter claims in respect of slieged as their ex- ranean or Atlantic gestions. The breaches of trust. Costs of the 60 as...

Demand improbable in the case of port is Fmail-amounted in new and old influences of the plaintiff and defendant Potts 18........

30 d/s. bosiery goods. It now seems that quantity to 2.800,000 dozen. valu- East and the West are destined would be paid out of the trust TT Shanghai.... Ahis expectation is to materialine. Fed at Y 8,920,000, so that by the to meet, and the question whether fand. An adjournment was T/T Singapore On Wednesday afternoon (9th new concession exports to Britain they will harmonise or clash de ordered pending the receipt of T/T Japan destant) the Bosiery Guild, of may be made to the extent of pends on the attitude of Japan Mr. Prentice's consent.When I/T India Osaka, received a telegram from 1,300,000 dozer, or of Y 4,460,000. and Americs. As regards the the case was mentioned again it Demand, India the manager of the London cffice This is a greater export than in question whether the two countries was stated that this arrangement, T/T San Francis

the Yamabsten Shoten, saying any of the preceding years; ex- should join hands with each other with certain unimportsat modifica

the British Government had porta in 1915 amounted in walne or meet in enmity, it is most nounced that the importation to Y.3,139,000 and those in 1914 important that both nations

tions, had been carried through," Phosiery goods would be jer to not more then Y 207,000. More should know each other. To know · mitted to the extent of one half over, there is another important each other is to have mutus! the quantity, not valus, of the factor to be taken into con understanding. import in 1916. This report sideration-the fact that the con- pende the maintenance of peace started at 10.30 yesterday morning 4 m/s. LC....

Japanese City in Flames. de Tokyo, May 23.-Aconflagration in 2 Fense, confirmed asssion is to be granted by quantal relations between nations, at Yonezawa; in northern Japan. the Tokyo swhorities, who, as tity, not valas. It is roughly esti- For this reason the sparker wel- The city was still barning in the 6 m/s. L moted by the Asahi esy: "No mated that the value of hosiery camed the establishment of the evening. 3,500 buildings have 30 d/s. Sydney & ennits information has yet been goods, what with the increased Japanese-American Association already been destroyed, including

eived on the matter, but Vie price of raw cotton and cotton most heartily, and hoped that it the schools, prison, court house, 30 d/s San Frzork at Chinds, the Japanese Am-yarn, has appreciated by about would prove a strong link con-polios station, post and telegraph 4 m/s. Marks

dor in London, has been 40 per cent, this year, se compared necting both sides of ba Pacific. office, newspaper offices and nuously conducting negotis- with Isat year, while a great ons with the British Govern advance has also occurred, ia General in Yokohama, said he

Mr. Boidmora, the U. S. Consul-railway station.

4 m/s. France

***... 3.36 tat. As a result, the British freight. It may, therefore, be became a member of the Associs

&mis, France ... S41. thorities have been brought said that, from the standpoint of tion in order to promote" the

Demand, Germany, Tally appreciate the position of Great Britain, the advance in the mutual interests and friendship

Demand, New York. 16% panese manufacturers, and price of hosiery goods is by about between the two countries.

Prince Tokugaws expressed Demand, Bombay... Noma

TT Bombay in ** grown inclined to acquiesce 50 per cent. Considering the

regret at the and death of Mr. T/T Calcutta "apan's wishes in the

Marquis Okoms stated that the Guthrie, the US. Ambasador, Demand, Calentts, **Although no definite de- comes to this, that the concessions shifted from the Atlantic to Honorary President of the Associ. Demand, Singapore. 101

position from this point of view, it centre of world-competition would by whose demise the post of Demand, Manila

8... Nom. 1134 ancation, it is expected that the British Government will allow of Chins and India. It followed as he had been strong advocate of On Bangkok has yet been reached in reported to have been given by the Facile with the development ation had been rendered racant, On Haiphong ... 334 prem. "days the British Govern the importation of homer, soods

ed

na-

whereon

Trams. Peak, old n. x. d. $9.10. Trams, Peak, new n. i. d. cts. 90

Chief Manager.

BANQUE INDUSTRIELLE

DE CHINE.

Capital (34 Paid up)...Francs 45,000,000

President

André Berthelot General Manager A.J. Parnotte.

HEAD OFFICE:

74 Bus Saint Lazare, PARIS BRANCHES in PEKING, SHANGHAI, TIENTSIN and HONGKONG,

BANKERS.

In FRANCE Société Générale pour favoriser le Développement du Cem- merce az de l'Industrie en France In LONDON: London County & Went.

minster Bank, Ltd, "

In ITALY: Banca Commerciale Italiana.

Telegraphic Address: CHIBANKIND.

Interest allowed on Current Accounts and Fixed Depcaita, Termsen application. Every description of Banking and exchange bariness transacted...

MRQUET DE JOURNEL

Manager.

HONGKONG BRANCH:

Tel. No. 2352

5. Queen's Building.

Hopekong, 14th May, 1917.

PEAK

NOTICES.

NOTICE

TRAMWAY CO. LIMITED.

TIME TABLE.

BANKS HONGKONG & SHANGHAI

BANKING CORPORA

TION. Paid-up Capital .......................$35,000,00 RESERVE FUNDS:

Sterling

£1,500,000 at 2

-$15,000,000 Silver ...$18,500,000

Reserve Liability `of

Proprietors

$33 500,00

$15,000,00@

- COURT OF DIRECTORS

S. Botwell, Baqubadamer. J.A. Plommer, M. Deputy Chairma Hen, Mr. C. B. Antory: G. T. X. Raiss, kas Gebley, Zag. Ben. 2, P.B. Koryo 2 E. V. D. Pan, eg, W. Fastcodes, 2934– A. B. Compton, Exe

CHLEP MAXE- Bongtong-N3, Babb, Imp

MANAGER Shanghaià, G, Suphan, Esq. - London Faska-London Dounty Gad

Weinwerted,

Kanghong-Intrust Aliowed t

Os Current Accounts at the rate of 3 par, cịnh

mam on the deży balory's

ON FILED DEPOSITS."-

per cent, your time,

For 3 month For month For

per cent, por digna,

me, 1, per crat: pet ante

N. J. STABB

Chief Manager

HONGKONG SAVINGS BANE.

THE Business of the above Bank in conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION. Kules may be obtained on applications INTEREST e deports is allowed on the mig Imus monthly balzoces ar kad per emt, perusteis, Depositors may transfer, at their option, balance of $100 or mor to the Hongkoor and Shangha Bank to be placed to F1 REPORT # 4 cant. per ann

For the Hongkong and Shanghat Banking Compose tion.

N. J. STABB,

Chief Manager.

THE CHARTERED BANK (F INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter 18.

"RAD OPPTUR-LONDON. ' PART £2,000.00 RESERVE BESERVE LIABILITY @00,000

PROPRIETORS

£1,200.000

FOREIGN KICHANGE and Qment Bislett

Tusiness trutracted. CURRENT ACCOUNT speed and FIXED DEPOSITS received for year or Gorter periods, as rates which will be quoted an application.

T. C. TOWKING,

Manager Hongkong, 11th April, 1912,"

THE MERCANTILE BANK (F INDIA, LIMITED,

Head Office 15, Gracechurch Street, London. ・・ Authorised Capital Subscribed

£1,500.00

1,125,000 *562,5/0 600.000

FANKERS The Bark of Engiga The London Joint Stock Back, I lak nék,

BRANCHES

#

Paid Up

**

*

Reserve Fund

8.00 3G EVERY IS MIN.

$8.40

20.00 AM. 20

111.30 K 17.00AM

20 MEDL

b. I. d.

8.

$18 T

$6 $6.50 $29

35 K

10 MIN

Calcutta

16 MIN.

Celembo

115

Deli

2.18 to

IG MIX.

Hongkong

Howrah

Kandy

b.

CORRECTED TO NOON TUESDAY MAY 29, 1917.

BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

Tel. address: Broker:

EXCHANGE.

SELLING.

2/456 2/4/11/16

21476 2/14

2/4 15/16

Nom

...... 1011

110

Nom.

Nom.

co & New Yorkf TT Java... T/T Mark TT Francs....... 3.24. Demand, Paris

BUYING.

2/5 7/16 ..... 2/5 9/16

2/5 11/16

564

NoL 3.241

4 m/a D/P....

Melbourne..

1800 New York

Biron Shibsiswa; related how | On Brigon

anse that the United and: Japan, nituéted on the prismipip of Bakoka Joi (ales: Sovereign

import of bounty, in comparison with the 75230; hither side of tinut crenć wield ing the country and excluding regne

grant a concesion, to the satent of about 1.7 003:00

Janet to, the watest 400 representating lost yo

The reported" son-importmor, in other words, in

mpetitio

very enbstantial one, stead of the total embargo, the of s peso export of hosiery import is to be restricted by not develo

pan to Great more than 1.2,000,000. No doub American

of homary the

come

MAND

2/5 11/16

58.

You

314% prem

COINS.

but that foreigner) at Brut, and how he arily be was infuosi – to aband China's pricel by the kinders

SUBST

$100

he could to

countries

MIGHT CARS.

1.80 zim, and 9 x9.50 to

11.00 PM. AVDy half hour.

100 to 12.45 13.

weary quarter of an hour. SUNDAYS:

4.00

13

100 AM 10 1030 AM. EVERY 15 MIN. 10.30 to 11.00 X 11AM to 19.00 Noom 12.00 Moon to 3.00 ...

LOOP to

10 Ms.

15 More

10 Max.

M.

15 Mor

LOO FE

6307.3L

100 T.M

10 XIX.

EIGHT CARS an on Wank Daya.

SATURDAYS: *

Bytes. Car at Midnight,

SPECIAL

CAXE

By Arrangement at the Company's Office,

Alezsvēra Balidings,

Des Voeux Bond.

Bombay

Port Louis (Mauriting.)

Karachi

Kola Bbars

Kuala Lumpu

Madras

Penang

Rasgroe

kenghal

Linxporn

FONGKONG BRANCH.

Every description of Banking and Exchange (business transacted.

Interest allowed on Current & icownia at e par énet per annum de Daily Balances, and on Fixed Deposit st rates which may be ascertained an application

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKİNG.

CORPORATION.

BEAD OFFICE:

55 Wall St, New York

LONDON OPTIDET

36, Bishopsgate, F.C. *

*Batson and pench tickets available for all CAPITAL & SUBPLUS U.S. $5,500,00

mezos already fall, running at the time sinted de the Company's time labiali, bet not for special wees, own, he obtained no application at the Company's -Office ---No-Gasádi-ticket will be komad, võlli payment therstor has been made in Bank Notes or by Chegao oz Compraza oder representing Hank Koles.”

JOHN D..BUMPHREYS 400.5

THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.

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

Lower on Mortage of House Property, da Goods received as Ekoraga, - Advenous panda on Marchandis Losar made en the Provident System.

TEUSTER. - MCKOUTOR OF WILLS -- AUTORGET, Mary Undertaken and Branded, (aber and Particulars on application) To the Diffie of

SHEWAN, TOMES & CO.,

General ManagOTE.

UNDIVIDED PROFITS; US $1,OLD OUT

BOMBAY

-U.8.4. $7,510,000

BRANCHES :---

LONDON SHANGHAIR MANILA

BANTO DOMINES EINGAPORE.

ZOBP

CALCUTTA

CANTON .CEBU,

BANKOW

COLON

HEDELLIN TIESTIN

YOKOHAMA

PANAMA FEKING

HONGKONG. SAN FRANCISCO.

Through its close affiliatied with The National City Bank of New York, the Bank is able to offer be Services of the Branches of that fastltation is Case South America, EDR Elekbers, SAMMEN

BAHIA, BUENOS AIRES, GENOL HAVANA MONTEVIDEO, 210 DE ANEIRO SANTIAGO DE CUBA SANTOS, PAUL, PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINESS acted.

CURRENT ACCOUNTS opened and・F155AB DEPOSITS received at rates to be sacertained an application.

2 - -

GEORGE HÖGG, DET

Hongkong, 26th September, 1916,

THE

YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000" Paid-up Capital de 39,000 100 Beserve Fun-200000.

21,300,000

Head OfficeYOKOHAMA,

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