THE HONGKONG TELEGRAPH, FRIDAY, JUNE 1, 1917.
GENERAL SHIPPING
Dunedin & Ca
The British Corporation Registry.
NEWS
At the souus meeting of the British Corporation for this
that sinos he spoke a year ago, shipowners had wakened up to the effect of the Bulkhead Rales on mixed cargo and passenger steamers, and a strong the Government to postpone their effort was being made to induce operation until, at soy rate, after.
HONGKONG SHARE REPORT.
8.—SELLERS; SA-BALES: B-BUYERS; N-NOMINAL.
Unions Yangtszes
Japanese "Harbour Development-
The Acting British Vine Consul ". The directors of the Ducedio at Hakodate (Mr. F. O. Greatrex) Stormship Company, Limited reports that plans have been report a net revenue of #182,237 approved for a four years pro which, with £54,070 brought in. gramme of harbone works at the gires a balance of £236,408 Sarvey and Registry of Shipping
OFFICIAL PRICES. The plans are From this £8.000 is appropriated the Chairman said that in 1916, port of Aomari.
BANKS. for two detached braakwatere, for depreciation on steamers, two moles and a quay. The £25,000 for depreciation reserve as in the previous year, very, the war. The war had taught H. K. & S. Banks n. satire works are to cost about 851223 for excess profite tax for little progress was made with the the public many things, and ons of the them was that no practic- $155.000, and are being under- 1915 and 1916, £7,646 for income completion of merchant ships. able system of subdivison would taken by the Prefectural Govern- tax £13,675 for management ment, aided by a subsidy from commission; £5,700 has been paid A few vessels which were a long make a ship unsinkable. It was the Imperial Treasury. The on account of interiom dividend time on the stocks were finished, question worthy of the most absence of any protection against of 10 per cent, free of tax, and shut they were so few as to be serious consideration whether the Dortherly winds-bas long been a further-25 per cent, free of tax, quite aseless for comparison with the very limited protection that source of great inconvenience at is recommended, making 35 per previous years. It would be a would be given to mixed cargo this port, aa.ccmmunication be cant., for the year, with £109,873,, mistake, however, to think that and passenger vessela by the tween ships and the shore is carried forward. The Company's the stall of the Society was idle, subdivision required was worth often dangerous and sometimes three steamere, aggregating 8,769 It was extremely busy on work the disadvantages which it would imponible in winter,
net tone, are valued at $78,000, of great national importance, and entail-Exchangs. or £8 18 per net ton..
the Society could look with) much' satisfaction on the service, which it had been able to! rei der to the country. The The paper read by Mr. King shipping on their books showed Salter at s meeting of the In- a considerable increase on what stitution of Naval Architects last they had at the corresponding month, says the Journal of Com period of the previous year. It merca of April 12, was of was then 240,000 tone. Now exceptional interest, in that it.
Port Improvements at Delagoa.
Bay.
of
owners
The Balancing of Propellers
balance
China Fires b. H.K. Fires
b SHIPPING.
b. & sa.
Douglases Steamboats
ද
BANKS
BANKS
ONGKONG & SHANGFAI
BANKING CORFORA
TION.
HON
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.
$705
MARINE INSURANCES, Cantous North Chinas
8.
$250
Да
SB.
t, 150
$870
ex 73 $217
FIRE INSURANCES.
#146 $3271
Indos (Dek) Indos (Pref.) Shells
$a.
8.
$82 $17.50.
$107-
$10
A.
Ferries
109/- b. 1. d. $283
For 19 Months 41%
per annum LOOK POON SHAN;
Chief Manager.
REFINERIES."
b.
n.
$109 $30
MINING
Kailans Langkats Raubs Tronohs
32/6
b
1.
$ 2,65
27/6
Д.
$31-
Sugars
Malabons
Urais
H. K. Hotels Land Invest.
K'loon Lands S'hai Lands
West Points
BANQUE INDUSTRIELLE
DE CHINE. “
| Capital (14 Paid up) ...Francs 45,000,000 t. 17
President
André Berthelot General Manager A. J. Pernotte.
$76 $122
t. 984
b.
$99 $100 $95
b.
$6,90
д.
$39
b.
t. 80
b.
$75
COTTON MILLS.
Ewos. Kung Yiks S'hai Cottons Yangtazepoos
Про
11.
3.
+15) t. 14 t. 121 £. 5,70
Borneos China Light & P. a. Providents
$7 $4,50
11.
#8
1..
b.
b.
... $49
$151
n.
MISCELLANEOUS.
b.
Dairy Farms. Green Islands H.K. Electrica H.K. Ice Co Ropes -- Steel Foundries 2 Trams, Low Level sa.
$23
$7,70
$28
$10
$6,50
HEAD OFFICE:
Rue Saint Lazare, PARIS BRANCHES in PEKING. SHANGHAL TIENTSEN and HONGKONG,
BANKERS.
In FRANCE: Société Générale pour favoriser le Développement du Com. merci et de l'Industrie en France. In LONDON: "London County & West-
minster Bant, Ltd. In ITALY: Banca Commerciale Italiana.
Telegraphic Address: CHIBANKIND,
Interest: flowed on Current Accruntă and Fixed; Deposits. Terms ('n application, Every description of Banking and exchange basiness transacted..
“M. RÖUET DE JOURNEL,
Manager.
HONGKONG BRANCH:
Tel. No. 2352
5. Queen's Building.
Hongkong, 14th May, 1917.
NOTICES.
NOTICE.
PEAK TRAMWAY CO
LIMITED.
8.00 LIC EVERY 15 MI
TIME TABLE.
9.00 AM TO
6.00 AM LO
10.06.
13 $6 $6,50 $79
10.00 to 11.30 to 11.473. to 3.34 PM to LP 10
11.00 A.X
145r.X
1PX.
145.r.
1.00 to
Trams, Peak, old n. x. d. $9.10 Trams, Peak, new n. x. d. cts. 90' Laundries. b. & 88, $8,40- U. Waterboats nr. Watsons
b. z/d. Wm. Powells Morning Posts 2.
Shipbuilding in the States. The following information ro garding port improvements at In regard to shipping construct Delsgos Bay, is extracted from ion, whether
of marchant the Delagea Bay Direct ry, just steamers or naval vessels, the to hand, for the current year, United States is well prepared for viz. The idea of constructing whatever may happen in the a dry dock at Delagos Ray has fatare. An article in the current it was 440,000 tons, bat with brought to light a matter which long been on the tapis, but only is-ne of the Shipping World, by much of it no p ogress was being has not beretofore received the lately have definite stepa been Mr. E. T. Chamberlain, Com made. Although there was now consideration which it apparently taken in the matter. Towards missioner of Navigation of the greater prospect of the cargo deserves. Mr. Salter obtained a
DOCKS, WHARVES, tas, end of 1918 money was United States, well illustrates this vessels being completed than for dynamical
of the
GODOWNS, &C. voted for a slipway capable of ac fict. He says: "The situation acme time past, there was little propellere he was dealing with
H. K. Wharves sa commodating all port craft, each in the first week of March last in chance of progrees being made by rotating them in air. Cor-Kowloon Docks b se the ings and the coastal steam United States shipyards appears with passenger vessels in the tributiona
were made to the Shai Docks ers-all vessels in fact up to a to be that the private yards are near future. The great obertage discussion by quite a number of
LANDS, HOTELS tonnage of something like 1,250 building or have contracted to
cargo vessels bad led speakers, including Mr. Bimsby, · AND BUILDINGS. grosa.This proposal has, how. build 284ses-going steel merchant to the consideration of the great propeller expers. It is
Centrals ever, now been hang up on re- ships each of 1,000 tons gross or many expedients for increasing rather carious to note that no re- presentations to the sathorities over, aggregating 1,482,208 gross tonnage. The Shipping Control- ference was made to the foot that a that the port instal not a slipway tone. This tonnage is ten times ler had ordered standard ships, propeller balanced in air many be H'phreys Est. or a graving duck, but a floating the corresponding tonnage build- and with many of the yards con by no means balanced when rac- dock capable of accommodating ing or ordered in July, 1914, just centrating on these the output ning in water. It is generally con all ordinary sized wearels that before the outbreak of the Ear- would be considerable in a short, ceded that the water at the stern of call herr, say vessels of 8,000 tone, opean war, when the shipbuilding time. Bat he was also wilising a ship runs upwards and inwards. These representations are iofa- industry in the States was stago-to a greater extent then formerly Ever, therefore, should" the pro- entially supported, and it is not. It is four times the corre the carrying capseity of the tax- peller shaft be parallel to the possible that the authorities will sponding toanage building or age already sflost-by closing water plane and the middle line act upon them. The landing ordered in this country during the tonnage openings in steamers plane of the ship, the propeller is equipment is equally a feature of any of the busiest years since. of the ste'ter-deck type. revolving in water which is etrik- the port. There are 15 electric Of this toanage the buildere The extra immersion obtained. ing it obliquely. Generally, bow- cranes-eight 5-ton, three 2-ton, expect to launch during 1917, cald - have been elaimed ever, in high speed vessels the twp-10-top, one 20 tou, end one unless the needs of the by
at any time shaft slopes upwards from the 60-ton (the largest on the coal). Government involve changes, 215 if similar structual alterations propeller, making the flow of Their number will be added to in steel ships of 1,114,812 gross tone. had been made. By this expedient water to the propeller still more the course of time,'
It is possible, but not probable, considerable addition would be oblique impact diametrically. that this result will be attained. made to the capacity of vessels, opposed blades of the propeller Of the tonnage mentioned, 108 but he was aimid that the ultimate caonot. beseting in the Sino-Japanese Steamship Co.
The Sino-Japanese Steamship ships of 358,424 groes lone are gain would not be so great as same way, and this in itself Company which carries on cer- building or under contract for some people anticipated. Ships should be sufficient to give vices on the river Yangiza and foreign owners. In brief, the work were designed to work at a certain unbalanced forces, which would along the coasts of Chins, declare for foreign owners upon which dranght, and the under-water set up vibration. The proof of the ed dividends of 12 per cent, per the United States yarde are now model and engine power were padding is in the eeting, however, sanam on May 17. The proft engaged is more extensive than arranged accordingly. Increased and Mr. Saiter was able to show by for the half year was 7. 991,200 the work they have undertaken in immersion might spoil the model means of a vibration recorder, which with Y.259,598 brought any previous year for American and make it difficult to drive, which be acted, that the ship forward from the previous half pwners. On June 30, 1918. Relatively low engine power, and vibrated to a lesser extent when year made a total of Y 1,250,818 to a great extent in response bad model might nullify to the propellers were dynamically. available for distribution. Baron, to- an aroused public sati- some extent the advantage of balanced than when this pro-
manifested in Rempei Kondo, President of the ment
the the greater deadweight. It was cedure was not adopted. It is an- company, reported that during preparedness parades, of bua- not the deadweight capacity of a fortunate that the dynamical the last six months China enjoyed dreds of thousands of conservative ship that was the tras measure balancing of propellers should be a degree of peace in her politics1 United States citizens, men and of her usefulness, but the rapid- each a long and tedions process, #life“ Commerce was also women, in all the great cities, the ity with which she could move a and formerly it was considered little disturbed. The Com- Senste Naval Committee reported giren gusality of cargo from one quite sufficient to machine up pany accordingly followed a bill, caseted into Isw in da part to another. Any reduction the face and file up the back of
course, course, providing for the con
speed most, therefore, blade as carefully as possible. On The favourable situation was,struction of 157 warships of 855, be put on the debit side of the whole, the best way of however, sometimes menaced by 000 tons displacement at a cost the account when the gain obtaining dynamical, balance unfavourable elements. The ex- of 588,000,000 dola. (excluding from increased deadweight was appears to be careful workman TT traordinary boom in bar silver, armour sad Armament), of which being estimated. The Shipping abip en the blades, Demand hasing, disturbed the money 63 of 382,000 tons were to be Controller had slao adopted a machining both the front and 30 d/s..
60.d/s. market, djequiated the business begun as soon as practicable, and scheme for the extension of Indian the back. Investigations are al- community, along with the move the remainder before July 1, 1919. summer free-board to other parts ready being carried out with a merta for Ching's participation in Nearly three-fourths of this new of the ocean where similar fire view to obtaining a machine tcol TIT Banghai... the war. China's export trade building programme must be weather prevailed. The dead capable of machining the back of was also reduced on account of carried out by private ship-yards. weight gained in this ceas was all a propeller blade. Is by no means the searcity of tonnage. These The naval work on band, incinding to the good, because the design follows that when dynamical were only balanced by the ever that in the navy yards partly ocm of the model and the ratio of balance has been obtained vibra-T/T San Francia- increasing importation of Jap-cleted, includes 12 battleships, engine power were fixed with the tion will be entirely absent, as co & New Yorkƒ' anese articles in the interior pro-five battle cruisers (ordered as a knowledge that the vessels would there are other causse producing T/T Jav... 138 rinces of China and the frequent result of the British naval enzoses
often be in this trim, and the vibration, such as cavitation and T Marks. Nom rises in, freighte Oa the of Jatland), seven scout ergisere, vessels were suited to the trim. too close proximity of the pro- France 3.251
Demand, Paris Shangbai-Hackow line, he said, 42 destroyere, 101 ambmarines,and, Continuing the Chairman said peller to the ball of the ship. trade had been active, Bar.silver 10 of miscellaneous types, Private booms stimulated the import shipyards at presentare employing ade. Among other things cotton about 70,000 mėn, and this Jarns, sugar, cotton cloth, sea-zumber must be increased duri.g Feed, and several ether Japanese the next few months in order to articles witnessed heavy carry out at accelerated speed the harasse. The export of China's bignaval.construction programme staples to Japan, including raw just undertaken, and at the same otton, beans, wheat, and some time to deliver merchant shipson other cereala, also increased contrect time. United States parda. heavily. Exports to Europe and are building or under contract Amerior, however, fell off. On to build 190 ocean, cargo the Hankow-lchang line move-steamery, of 886,689 groan tons, ments, of cargo were brisk. In of which 83, of 405,744 grom tons, Escobaan agricultural produce are for foreign owners. Within weat off at good prices, and the the past month, however, the farmeră” parses were longer. The Cunard Steamship Company hea movements of troope on the line ordered four cargo boats, each of “decreased and river trafic became about 7,000 gross, three of about assier. The demand for foreign 5,000 gross exob, and mix of 4,700 goods in those parts, was socord- grose, and at this writing, ne is ingly large. Among other articles doubtless well understood in the sonwood, cotton yarns and other United Kingdom, it is negotistag flems ware, most briskly taken,
normal business
further contracta hare, for addi tional oargo tonnage.” Whether the declaration of war will azeci the contracts with forei ign owners)
Bycu bare lost your appetite remains to be seen, and will pro- hainly dishes at the ALEEAN-bably result in an arrangement if
one of the big variety o
DEL CAFE is sure, to tempt
they see. codderned with the Tatente Allia
WHEN YOU REVIEW THE SITUATION
on the market for beer, of course you will settle on PRIMO because it has been tried, proved and endorsed by all lovers of wholesome beer. An ideal beverage for · summer months.
Stocked by all Wine and Spirit Merchants and Hotels in the Colony,
H. RUTTONJEE
& SON.
Queen's Road Central.
CORRECTED TO NOOR FRIDAY
\JUNE, 1, 1917, BENJAMIN & POTTS, Share and General Brokers,
Princes Building:
Tel. address: Broker.
EXCHANGE.
SELLING.
21434 2/4 13/16 2/478 2/5
4 m/B............ 2/5 1/16
Nom. T/T Singapore ...... 102 T/T Japan
1114 Nom. T/T-Indis Demand, India ...... Nom
57
.BUYING.
4 m/s. L/C..... 4 1/8. D/P........ 6 m/s. LIC........... 30 dje. Bydney &
Melbourneesin!
3.26
2/5 9/16 2/5 11/16 2/5 18/16
2/5 13/16
5814
30 dia, Ban Frano-1 isco &New Yorkf 4 m/s. Markssam Nom 4 m/s. Francs 3.3714 6 m/s. Francs · 3.4214 Demand, Germany. Demand, New York. 574 TT Bombay Demand, Bombay... Ncm. T/T Calcutta
Demand, Calcutta... Nom. Demand, Manila... 114 Demand, Singapore. 102`, On Haiphong
.. 394 prem On Saigon ***UITZETI 314% prem On Bangkok. 6414 Sovereign
25 Hom
Gold Leaf, por or... 45,50 Bar-Silver; per os 38
SUBSIDIARY COINS:
DISCOUNT FIR ~$1,007-
KASZME}}
Chinese):10%ng Hongkong 20 otac places ---
SJFK to
LIEPIM 5.00) P.M. 8.007.M
NIGHT CARA.
RED FAC AD 9 p.
123-10
1100 VAL. AVISy half, hour SLOW TO 11.15.
ST017 quarter of an hour, SUNDATE
10 MIN.
10 MEX
14 MM
*24.50 4.30. EVERE 15 MIN.
11.00 AM
2.00 AM.
$.00 A, to
13.30 436 10
300 FM. to
600XX to
1200 Noon
6.00 34, 6.50 F.. 5.00 $2.50
10 Mp
15 Mix
10 MEX
15 MIN.
10 MS.
NIGHT CABS 46 on Week Dayt
SATURDAYE
Berea Ca? at Mätnight. SPECIAL CARS
By Amangemant at the Company's Office, Alexandra. Baźbiriga
Der Voent 'Bond.
"Benson and 'punch tickets available for all Maze Dok Kézendy tail, running at the tizno state In the Company's tivno te Bles, but not for specia!! murg; aan be abiainok an application at ti Compway's Office So Seston Hat will bọ Sound wish! payment therefor bas been mada in Bank Notes or by Cheque or Compradore order representing Bank Notes ***
JORLD. HUMPHREYS & CO. →
THE CHINA PROVIDENT LOAN AND MORTGAGE. CO., LTD.
(Capital Paid up...$1,250,000.)
Loans on Mortgags of House Property, an ́`· Goode Twosted on Storag
Advances made on Merchandise. Losce made on the Providout Byalan.
TRUSTEK, KIEGUTOB OF WILLS, AUTORNEY, Aor Vadertaken and Executed. Class sol Particulars on application) To the Outcrof
SHEWAN, TOMES & CO.
General ManaPOTA
MARTIN'S"
Paid-up Capital ‚$15,000,000
RESERVE FUNDS:
Sterling
£1,500,000 $21-
-$15,000,000
Silver $18,500,000
$33 590,DE
Reserve Liability: of "
Proprietors
-$15,000,000 COURT OF DIRECTORS.
J. A. Pinnar, Bugz Debuty. Chalamusa Hon. Mr. C. E. Actos, 0,5. M. Bar, T Q.5, Gabbay, 190. "MON, MG, PIX FA ZY.D. Part, Erg, W. & Patted, kapas 4. 8. Compton,
MARACINI HA
UNTRY MAYAGER SÜ Hongkong-But, morbid, I've Shanghai, A, A, Bisphèn, Eng, Lession_Bankari-Londen Openty ind
Westminster, limited.
M
Hoogkong-Jaberest Allowed › ..Ca Current Accounza ok the rade of 3 pie cant abens on the daily belasOK A
ON PILED DEPOSITE
Fer 1 incestita, të par tant,'JAT ANDUM. For months, 4 per centi per aentar, For a month, 4) per cent.. DAR MEDIA, N. J. STABE.
Chief Managed"
HONGKONG SAVINGS BANK
THE Business of the abure Bank & conducted the HONGKONG AND SHANGHAI BANKING TORPORATION
Rules may be obtained application INTEREST on deposits is allowed on the sensi Imum monthly balances at #jà per cent per annum. Depositors may trasfer, at ibeir option, baksoss of $0 or more to the Hongkong and Thangkal Bank to be placed on IED DEPOSI7 at cant, per zeltum,
dbo.
For the Hongkong and Shanghai Banining Carpang.
N. J. STABB.
» Chief Manager,
THE CHARTERED BANK OF INDIA, AUSTRALIA: AND CHINA
Iscorporated by Royal Charter D
TEAD OFFICE-LONDON. PAID-UP CAPITAL
RESERVE FUND
RESERVE LIABILITY OF
TROPRIETORS
„Ei, pon, ben £1,000,00
FOREIGN EXCHANGR and General Banűnő
business transNCING- CURRENT ACCOUNTS opened and PIXKW DEPOSITS received for 1 year or esurser parloda, all rates which will be ground on application
T. C. TOWRING,
Manager Hongkong. 11th April, 1912.
THE MERCANTILE BANK (F
INDIA, LIMITED. '
Head Offce 15, Gracechurab Street, London.,
Authorised Capital £1,500,Dr D Subscribed-
·Paid-Up: '
Reserve Fund
--- 1,125,000
SANXPRE The Bart of Estland BRANCHES —
382,500 .600 000
The London fait Stock Bank, Ifm #72"
Fombay
Calectes
Colombo
Delhi Cali Hongkong
Howtab
Kandy-
Port Louis (Mauritiuk)
Kota Bharu
Kuala Lumpu
Madra Penang
Rangoon
3.banghel
Singapor
FONGKONG BRANCH,
Every description of Banking, and Exchanga business transacted
Interes allowed on Current'àermits at a per cual per annum e Daily Balances, and an Fixed Deporte it rates which may be ascertained on applicacion
C. CHAMPKIN,
Acting Manager,
INTERNATIONAL BÄNKING
·CORPORATION.
HEAD OFFICE:
55, .Wall St. Kew York, LONDON OFFICE:: 36, Bishopsgate, IC. CAPITAL & SURPLUS, US $5,500,000 UNDIVIDED PROFITS
BRANCHER
BONRAY IOBR CALCUTTA LONDON CANTON
CEBU
COLON..... HANKOW
MANILA
US $1,010,000
U.S.167,310,000
BANTO DOMIKSO SHANGHAI
EDELLURE
YOKOHAMA
PANANA PEXITOS HONGKONG SAN FRANCISCO..
Through in close Estion with The Nations City Bank of New York, the Bank is able to offer the Services of the Brancher of that Tatituation in Came South America, and shy, bars, Zamelgata
BARIA, BUENOS AIRES, GEGOL HAVANA MONTEVIDEO. RIO DE JAZZBOJ SANTIAGO DE CUEL FANTOS, PAULO, PETROGRED VALPARAISO,
All kinds of POREIGN & LOCAL BANKING BUSINESS unenczed:
CURRENT ACCOUNTS epsod and FIXED DEPOSITS receivedut rates to be quðartaăngă an application.
GEORGE HOOG;) Mannes
Hongkong. 26th September, 1916,
THE
YOKOHAMA SPECIE BANK,
·LIMITED
Established 1880. Authorised Capital Yen 48,000306 Paid-up Capital an Reserve Fund
Head OfficeYOKOHAM7
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