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Yangtszes

China Fires

FIRE INSURANCES. H.K. Fires

Douglases Steamboats Indos (Def.)! Indos (Pref.) Shells Ferries

BANK OF CANTÓN,

SA LIMITED,

HEAD OFFICE, HONGKONG

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

FAVRSATION,"

Paid-up Capital

RESERVE FUNDS:

Starting

£1,500,000 at 21-

OFFICIAL PRICES

BANKS.

Silver

15,000,000 ...$18,500,000

D.

$685

48423 t. 150 $555

FOREIGN EXCHANGE and General Banking - Business Fransacted.

b. ex 78-8190

$143. $925

SHIPPING.

For 3 Months 3% per aznum.

For 6 Months 4% per annum.

$85 $171

$101

8.

$40

118/-

$29

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager.

REFINERIES.

b.

$99

Malabons

b.

MINING

Kailans Langkats Raubs

b.

31/6

b.

t. 15

1

Urais

SA

อ.

$2.45 25/6

321-

DOCKS, WHARVES, GODOWNS, &C.

+.

$74 $116

Sugars

H.K. Wharves Kowloon Docks sa. S'hai Docks b.

LANDS, HOTELS AND BUILDINGS.

Centrals

H. K. Hotels

Ewos

Kung Yiks S'hai Cottons Yangtszepoos

bable that a pre-emption-justi- More than a year nga tha Japan-[si present there; are 382 signal- hondón đại, by the emergener will be one realised that there shipbuild, stations, including lighthouses, hatched, and that they will fing, industry was Lemporarily light-shipa, buoys, fog-guna, tida interesting and informative be taken over by the Shipping dependent on American steel signals, ete, in Japan proper, and artiols as contributed by Mr Bour. In that event, nearly mills, and "their orders for ship 257 18 Formom sad Kares, all' Arobijali Hald under-she sh FE800,000 tons own atentially be plater, do, in America have con under the direct control of the heading. It is, he says common dansed on by the Alles, for the finned now for some months. Department of Communications. knowledge that the United Stator Americans are coming into thir Orders from other nations for Daring the presen: foal year

H. K. & S. Banks s. Government has alexed ab war, Presiden: Wilson's] shipbuilding materiala are con four more lighthousen will MARINE INSURANCES. 500,000 tons of kannage, which massage indicates, on, ghaznate siderable. Recovery from a long, bi establi

established at Notorimim Cantons thapet cláver

clover Germans went into acustically, generom, lotus In period of railroad depression has fi, in the Hokkaido, Satam-North Chinas Amárioso ports on the vallemk Idition there will be 1.000 been slow, and this, together maki, in the Bango Chanhel, Unions cf war, so as to escape our Decialy ergo carriers, built ofwith congestion of export freight Fatekami Jaland, in Hiztp, and cruisses, and there are also. wood, orders for which are now capotia, has somewhat delayed at the Sesstern entranos of the Austrian abipe; bat the Ameri pg placed, and a number of the .ment of shipbuilding Karashimw Chaare, in the Island authorities are by no mea Tulips from the Great Lakes. Continials from interior plants to Ses. Of the lighthouses now in astisledy with that contri quently the maritime situation seaboard yards. In the months existence Shiriyrsaki and Kami. to ang chris ge. They have already dik ba grey favourably affected that The bond a spirit of shatase the strongest light. determined on an ambitions con- by tia Amerionă cătry into the friendly emulation will be pro-fing posse, and are able to brow structive programme, which one once we are through the next oked between British and Ame- lightsar fr 25 to 30 miles in bences both patrol vessels "for Eww months, and it may be that risan yarde; the situation demande fine weather.” It is unnecessary huoting down anbmarines and shipbuilding is British yards will speed on both sides of the Atlaps to say that these bi scons and marchant vessels for applying be speeded up in scordance with tio in sending as many ships of signal stations are rendering the needs of the Allies. Askort American principles Example useful types to see as possible, valuable service and give much age of 27.7 per cent in the coat for mech. We bare Competition will be all to thesistance to mariners, while the harvest available outride Central methods of our own, but goa? Our resources are far frequent disseters to steamers are Europe i ateipated, and that" for quick work it would be greater than those of the United chiefly caused by the in sufficiency will be accompanied, by scurcity difficult to best the best Ameri-States, and Americao industry is of these aigual-stations. In view of shipping, so, apart from any Irma. The Union Iron handicapped by many ardere for of this, the Communications De naval and military assistance Works, of San Francisco, now men-of war. We have turned out partment han under contempla- that, may eventually be given, the premier merchant shipbuild-as much as 2,000,000 tons of tion a plan to build at no distant-Tronohs the Americans are preparing to ing plans in the United States, merchant ships, besides warships, date about 300 sig

sigual-stations help with grain and ships in

of 125,000 tons displacement, in the coast of Japan (Formoes and which to carry it. They have our within a little lean than 100 days a single year; the Americans have Korea oraludid), which is estim Brrors and successes for their from the laying of the keel to the never completed a garter seated to require something like "guidance, and have a genius for launching, and on the Pacifc much. Bat, unless afr. Lloyd saven million yen. In conclusion organisation from which we Coast considerable bonuses are George werk some such miracle, we may mention that at the chief mayin forn learn something.paid to workman for work com-as he Fected in the matter cf lighthouses telegrams reporting Americs is confronted with plated ahead of contract time: munitions, it is possible that this the passing of vessels and signal much the same difficulty a wsBustle" methode will be applied year the American yards, in view messages are handled (there are are faced with on this side of the throughout the States; indeed, of the completion of wooden saat present 17 lighthouses, where Atlantic shortage of skilled in some of the establishments well sa steel abipe, may beat ours these mesages are desit with). Land Invest. labour and of material. That is work is proceeding in thres in outpat.

Telegrams telling the time steam- the conquence of the wonderful shifts; thas the machinery

H'phreys Est. munition movement," and of the and tools are in use throughout

Japanese Coast Beacons. ers paas by the lighthouses aTS K'loon Lands. Mr. T. Nakatauks, of the San-ent to the owners or chartsters. S'hal Lands large number of msp-f-war now the twenty-four hours of each nomiys Telegraph Office, sends to by which they may know before-West Points being built in the States. In day. The result is to place the Japan Chronicle the following hand the time of suval of report which has been prepared pressure on the plant rather interesting notes on lighthouses steamers and so make sks necer- by Mr. E. P. Chamberlain, Com-than on the men very wise and signal-stations in Japanary arrangements for shipping missioner of Navigation, it is axrangement. That will soon be Remarkable progress has been sud discharging cargo. Urgent -pointed-out that the United the regime throughout the States, made recently in Japan and in or important memeges from the States Navy yards employ at powerful electric light installa foreign countries in the art of owners or chartereraare signalled present 25,000 man," and that tions illuminating yards and shipbuilding, as well as in the from the lighthouser to the cap

private shipyardaat present are workshops during the night. The means for preventing disasters thin on the ship by means of cores employing about 78,000 men, and crux of the whole business is to steamere. On account of the figs, which we call signal tele-China Light & P.n this number must be increased labour. The Commissioner of enormous increase in the number grame. Lately these telegrams. during the next few weeks in Navigation has something to say of meamships every year, increas have greatly increased in number order to cary out at accelerated on this matter: Of the thirty-ed speed, and shortening of sail owing to the boom in shipping speed the big neval construction four private yarde now in falling hours, frequent disasters to circles, but seeing that they are programme just undertaken, and operation, seven are entirely new steamers are, however, naturally chiefly sent by Japanese con- at the same time to deliver mer plasts, established during 1916, reported from time to time, which oerns, I am afraid the system is chant ships. on contract time," and five are older yards which had is much to be regretted, I not fully known by foreign firms. Where the additional skilled men not been operated for some years is for the purpose of preventing It is to be hoped that this con- ware to come from is not explained, until the present pressure was felt. accidents as much as possible that venisut plan will be also utilized but a scheme of dilution" will The newer yards, of course, have beacons and egual-stations hava by foreigners engaged in the ship. be carried out, and women are to had to draw on the older yarde for been entsblished on the coast or at ping business, to their great be pressed into the service. The men Labour leaders, who are heart eponsible positions. Before the 90s. It is only quite recently that advantage. and sont behind the Govern rashin shipbuilding began skilled able progress in our country. Ac-|

Yokohama Pier. The opening of the re-con.. ment, have already been called mechanics had been attracted in cording to history, in the 3rd year structed Yokobama pier will take into conference with a view to large numbers to the new estab- of the reign of the Emperor Ten place in July. The work was making the best possible use of lishments engaged in making chi (884 of the Christian era) egun six years ago, with an the plant in the country. The munitions of war, so that at the burning fires were placed on the appropriation of Y,1,200,000. The shipbuilding position in the present time the skilled worker

improvements made include ex- United States, on the eve of the in metals everywhere commande coasts of Iti, Tushims and Chik tended accommodation for shipp declaration of war, is described practically his own price. While of guarding the costs against of the harbour alongside the pier, mehi, in Kiusha, with the objecting and passengers, the dredging in, these words The private in various garde there have been foreign invasion; at the same and the building of two sheds. garde are building or have con- occasions) strikes, usually not time they served as signal fires The old pier was 1,500ft. long and Tracted to build 284 sea-going general, bat conficed to those for incoming vessels from China 624 ft. wide. The new dimensions steel merchant abips, each of engaged in some special force of and Kores. These were the real ara 1,200ft, long and 138ft, wide. 1.000 1000 gross or over, aggre- work, shipbuilding has been less beginnings of signal stations in The depth alongside has hitherto gating 1,482,206 gross tons. This delayed from such osuses then pan. In May of the 2nd year of been only 26ft. at low tide. tonpage is ten timee the might have been anticipated. Of K-io, in compliance with an agree to 35ft.. sufficient to float the corresponding tonnage build-ocuree, there have been occasionalment concluded with England, largest steamers at present eng- ing or ordered in July, 1914, plote, more or less directly trace Holland, and Americs, lighthouses aged in the Pacific passenger before the outbreak of the able to German propagands, to of foreign style were for the first trade. The new pier is equipped gropean War, when the ship- delay or interfere with various time established at Kwanonzki, with two spacious two-storeyed building industry in America was forme of industry recognised in Sagami, and at other head sheds, each of which is 33 ft. atagnant. It is four times the contributing to the ease of the lands, while vessele carrying a long and 60ft, wide." Shipping corresponding tonnage building Allies, but these have been light at their mast-beads were or ordered in this country during plainly artificial as to be ineffect rationed in the harbours of

and Engineering." any of the busisat years since ive. The powerfal and more Hakodate and Honmoka, near 1900. Of this tonnage the build-intellectual leaders among Ameri- ara expect to laanch during 1917, Jean Labour" origanisations, and

Yokohama. During the last unless the needs of the Gvern the vast majority of the members

IF you bere lost your appetite half-century considerable pro- nne, of the biz variety ment involve obangee, 215 steel of those organisations, realise the Bress has been made in this line fainty dishes at the ALEXAN abips of 1,114,812 gross tona. It bearings of the war upon the wing to strenuous efforts taken DKA CAFE is sure to temp! is possible, but not probable, that fatare

by the authorities concerned, and1 you. of democracy. Who this result will be attained. Or would have

thought three dinarily the completion of the years ago that war in Earope ship promptly follows the launch could occasion a scarcity of lab- ing in American yards, but our and material in the United under present conditions abipe States, with a population of about are launched at an earlier period 100,000,000? Though only this

2

to take the more

JO

in constraction in order to secure moath bag the country come in the continuous nee of the waya with the Allies, it has played a The tonnage of shipe completed great part, sad it is going to play daring 1917 accordingly will be a greater, the only problems be much less than the total ton-ing associated with the adequate. nege jaat statd. These ships supplies of labour and material. are, in the msis, oil-tankers and The Commissioner records that gargo bosts-cone of the latter"the prosecation of all this work being bigger than 8,000 tons,(naval and commercial) is condit- and most of them ranging from ioned, of course, on an increase 4700 tone to 5,800 tons gross. is the number of skilled workmen These will be very useful in the and on the uninterupted supply. existing conditions at ses. Not of material," and he declares that By suy means all the vessels are of these the need of labour is being built for the American" the more serious." Bat the short.. merchent cavy. One bandred age of, steel plates, &c., is also a and eight of them, of 538,424 real embarrassment. The do grom tour, have been ordered for mand for ship plates and shapes foreign owners. No doubt the has already taken up all the out- Allied firms will get their abipe, pui for 1917, and the orders for but what effect will America's 1918 are so large that inquiries declaration of war have on the last week were made for the delivery of vessels for which delivery of over 300.000 tone of maatrale contracted 2 It is pro plates in the first quarter of 1919.

such station have made notice.

whereas it bas now been dredged

WHEN YOU REVIEW THE SITUATION

or

A

$53-500,000

800.900

INTEREST ON FIXED DEPOSITS:

BANQUE INDUSTRIELLE DE CHINE.

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

President

André Berthelot General Manager A. J. Pernotta.

HEAD OFFICE:

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

BANKERS.

lo FRANCE: Société Générale pour

favoriser le Développement du Cam merce et de l'Industria en France. - In LONDON: London County & West.

minster Bank, Ltd.....

In ITALY: Banca Commerciale Italians.

"Telegraphic Adriroom : CHIBANKIND..

Interext allowed on Current Accounts and Fixed Deposits. Terme on application Every [description of Banking d exchange business transactedu

M. ROUET DE JOURNEL,

myManager.

HONGKONG BRANCH:

Tel. No. 2332

| 5. Queen's Building.

Hongkong, 14th May, "1917.

NOTICES:

NOTICE.

PEAK TRAMWAY CO.

LIMITED.

TIME TABLE,

18.00 x 10

1.36XX to

10.00 £3. 11,00 3 1945r..

115 120 1.2.

EVENT 15 MIN.

30 21.

Reserve Liability of

·Proprietors an

COURT OF DIRECTORS (Hob. Xs. 5+ H: Flodwell, -Chare

1. A. Baner,"

151 Gabbay, Bag Am. 17. F.E E. V. D. P. W. La Patrades, A. K, Compton, LAS

bhanghai A, G, Prepban, Bat, Leades Batera-London Deprey did

Hanging-treat Alhewed?

Ca Ourreal Accounts at the z

ON FEED DE PORES - For 1 months, 24 per cunt PAE.MASINA

27. STABB,

HONGKONG SAVINGS BANK.

TEX Bisiness of the shore Bank theBONGKONG AND SHẲNGH

- CORPORATSOK Rales may be oèrsised to applikation). -INTEREST on depóster it allowed sin the mouthly haces og blanc cHELE Depositces may truesist, skubrir qution, I

Bank to be placed von FIXED DEROHET

For the Hongkong and Shanghai Banking Carpon, ties.

N. J. STABB..

Chief Kanaget.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

"

Lacorporated by Royal Charter 1943

PRATOS-LONDEW.

PAID-UP CAPITAL: RISERTE FUND RESERVE LIABILITY OF

PROPHOTOS

FOREIGN KICHANGE 205

baňnese trasancte). · CARRY ACTDENTS, COAed me YE DEPORTS PRCarved for 1 year or theriar pezh cates which will be quoted on applications

T. C. TOWNUFG,

Hongkong, 11th April, 1912.

THE MERCANTILE BANK OF

- INDIA,-LIMITED.

Head Office 15, Gracechurch

-ötreet, London,

Authorised, Capital ................£1,500, frON Subscribed

Faid Up

Reserve Fund.

**** 1,125,000

BANK RIN The Back of England,

563.5/0. 490,000

The Lodoo linh Stock Bank, whe

BRANCHE 2

Karach?

Kota Bhary

Kuala Lump

Mar

Penang

5.

$97*

82

397

1893

$6,80

$33

11.

t, 80 $74

*COTTON MILLS.

Bi

SA E.

t1573€

t. 1414.

t. 5,60

MISCELLANEOUS.

D.

87 84,50

b.

$7.60

D.

$29

д

$7,40

+

$48

11.

#151

д.

$27

$10

$6,40

$9.10

cts. 90

b.

$3,40

15.

Bensbay

n.

$13

LETAL ..

16.

BUG 1, 32

Valentís

3 MIN...

folowbo

b.

$6

10.MIN.

Delhi

Wm. Powells Morning Posts n.

$.

$6,50

$29

Dairy Farms Providents Green Islands H.K. Electrics H, K. Ice Co., Ropes

Trams, Low Level sa. Steel Foundries n.

Trams, Peak, old n. Trams,Peak, new n. Laundries

U. Waterboats Watsons

- CORRECTED TO NOON FRIDAY · JUNE 29, 1917. BENJAMIN & POTTS,

Share and General Brokers.

Princes Building.

T/T

Tel. address: Broker.

EXCHANGE.

Damand 30 d/e. 60 dje.

SELLING.

m/B........ T/T Shanghai.... T/T Singapore T/T Japan

2/F34. 2/6 7/16 2/6 9/16 2/6 11/16 2/694

Nom. ---... 10734

117 I/T India.*.............. Nom. Demand, India

I/T San Francis-Į

co & New York)

Nom.

601⁄44

T/T Java.............. 145

3.47!

T/T Marks........... Nom. Demand, Paris 3.48

T/T Francs.......

BUYING.

4 m/s. LIC.

2/74

4 m/s. DIP...

2/79%

6 m/s. L/C

21714

30 d/s. Sydney &

2/734

Melbourne...!

"O dia. ban Franc-]

"isco&NewYork) 6114

4 m/s. Marks "......

------

Nom

4 m/s. Franc. 3.6014 6 m/s. Francs 3.6511⁄2 Demand, Germany - --- Demand, New York. 636 TT Bombay. Demand, Bombay... Nom. allTT Calcutta

on the market for beer, of course you will settle on PRIMO because it has been tried, proved and endorsed by lovers

of wholesome beer.

Ал ideal

summer beverage for months.

Stocked by all Wine and Spirit, Merchants' and Hotels in the Colony.

H. RUTTONJEE

& SON.

36, Queen's Road Central.

Demand, Calcutta... Nom. Demand, Manila 12014 Demand, Bingapore. 10734 On Haiphong..... 4% prem On Saigon

334% prem: On Bangkok ...... 604 Sovereign

7.80 Nom. Gold Leaf, per oz........ 4*, Bar Silver, per oz... 337%

SUBSIDIARY COINS.

· DISCOUNT PER #100: Chinese...20 cts, piecas 4:36 %dis.

hinese...10

4.95 %. Hongkong 20 cta. pieces Hongkong 10

par

1.000

180 AJ DO

1.00 4.36.

SOU P

500 Pac

MIGHT CABA

محمد

D ME.

18 MIN.

M

6.60 2.3. azd 1 73. 9.30 to..

1200 r.. every half hour, e 11.00 to 1.45 PM. every quarter of an hour, SUNDAYS:

ZI AM. 8.30 4.36.10 HMA 10 1300 A3 13 18.00 Moon to

-13.004

18:02 Noon.

LOG P.M. $50 TL

K.00 XX

AP.M. DO

6.NG PIN

EVET 18 MIN.

: MIX

201

IS MIS

15 мг.

10

“RIGHT CAES sá og Week Daya.

SATURDAYS:

Rises Car in Midnight SPECIAL CARS

By Lirangement et the Company's Office.

Alexaudin Hvíldings,

• Des Voeux Rosd!

* Besan_and__panch tickam avaliable for al are not already full, reazing at the time stated In the Domapany's Camo tudies, brit, tant for spurius DẠCH, Đàn bà obtained on application of the C500: Season ticket will be

Copayanes therefor, has been made

En Bark Neum oe by Cheque or Cotapredova nedar zaproboting Bank Note

JOHN D. KUMPHREYS L'CONN

THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD. (Capital Paid up...$1,250,000.). Lowes on Mortgage of House Property, an Goods reenivad on Storage, Advances zonde on Merolzanian. Lưcapa mạối ga the Provident System.

TŁUMIKE, 'KXECUTOR OF WILE, ATTORNEY, és. Undertaken and Ersenied, Cat Particular on application To the Office of

SHEWAN, TOMES & CO.,

General Managers.

MARTIN'S

APIOL & STEEL

SalonPILLS

4

Á ZPÁRIK BARLAdy for silfuregular{SIDE, Zhganda, A Lading als 975 kamp a box of Maratur » Ala da Alta boten. So stážom the Ens ses of any levngularity of the system S

Kady done my DESENÍKEMAL This Wha

Tane rebanč

dd them, bench Lower MAKE SAN. All Okontakt and Piera well Lives

BY

throughout the Wacid, or you free dit, SLAJEZIK, Cendet, Bogibampton, Kog.

MARTIN'S

APIOL

THE ALEXANDRA CAFE Cannot be Beaten, if Equalled for Bread, Cakes, Confectionery and meals with Wines & Liquers.

Galle

Hoogkont

Howian

Kans

Port Louis (Maurities)

Rangooo

bauche

Singapert

HOCKOG BRANCE.

Every descriptice of Banking and Richtegs berine trencic

Interesz Nicwed on Current & coccinta #le per cane per Krazie on Daily Balances, and 95 Fred Dese reces which may be ascertained on application.

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL - BANKING CORPORATION.

HEAD OFFICE:

55 Wall St, Ken Yok.. LONDON OFFICE: 16. Bishopsgate, Z.C.

CAPITAL & SURFLUS” UE, $6,500,003 UNDIVIDED PROFITE" U.E.{$1,050,000

BOMBAY

CALCUTTA

CANTON

HANKOW

1.3. $7,510,000

BRANCHES ***

XORP

SANTO DO KT990 LONDON SHINGHAI MANILA BINGAPORE MEDELLIN TIESTSIN PANAMA

YOKORAMA PFKING

HONGKONG SAN FRANCISCO

Through its close affidiarion with The Nadosa City Bank of New York, the Bank is able to ada tig Services of the Branches of that Tnatitution in Coin South America, and elsewbers, amely

BAHIA, BUENOS AIRES, GEROA; HATÁRS MONTEVIDEO. RIO

ANTOS/20

SANTIAGO DE CUBA. PAULO, PETEOGRAD VALPARAISO

SAG

All ads of FOREIGN 2, LOCAL BANKING .BUSINESS

CURRENT acted opened and FIXED`

DEPOSITS received at rates to be ascertained on application.

GEORGE HOGG,

Maparti,

Hongkong, 26th September, 1916)

THE

ZOKOHAMA SPECIE BANK LIMITED,

Established 1880,

Authorised Capital Yen(48,000,000

Paid-up Capital...F. £30,000,000 Reserve Fund.... | 21,300,000

Fead Office,-YOKOHAMA

Branche

Ka

Arling-Halen Bombay -Celerita

Changchun

Daiped Fengdar Vafiin

Hatkow Honolulu Nabe LANYONE

London

1.FOUL

Log Angelos

Talingtan

Peking

Tokyo

Interest allowed on Currant received for sized perioda ak zatam, to pe application

EISHI ONO, Ms Hongkong, 12th March, 1917.

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