TELEGRAMS.
[Beatar's Service to The "Telegraph.”]
EARLIER TELEGRAMS.
SECRET SITTING OF HOUSE OF COMMONS.
London, July 11.
A a secret sitting of the House of Commons, Air. Lloyd George pointed out that our naval nero- planes in the last four or five months had dropped seventy tom of explosives on Gerazin serodromet in northern Bel- gium, dropping six tons on the night preceding the raid. · whereas the Germans had only dropped two, tons on England. The Government's first consideration was to see the army In France sufficiently supplied with acroplanes, without which an advance was impossible. The twenty-eight civilian fatalities were regrettable, but unless there was a sufficiency of aeroplanes at the front the army's losses might easily become twenty-eight thousand. The Germans" realised as much as we the importance of aeroplane work to secure the protection of soldiers' lives and nothing would encourage the Germans more than for it to he known that by "bombing English towns we were forced to withdraw fighting squa drone from France. Nothing was more disastrous to the conduct of the military operations than to encourage the Germans to believe that their raids oveita clamour in England resulting in the Government being unable to resist the demand for the withdrawal of aeroplanes from the front. If they were unable to provide heroplanes for the front as well as for defence against raids, the army must come first. It was vitally important that Germany should know this. He saw the people of the district a few hours after the raid and he had never seen people face disaster with better cheerfulness" and constancy. There were no signs of panic. He was convinced that if the country"realised it was neces- sary to establish air supremacy in order to win victory at the front it would be prepared to take risks. The Germans realised the importance of air supremacy and had made prodigious efforts in twelve months. We had enormously increased the capacity for manufacturing machines in the last half-year, increasing the number of employees at our aeroplane works by 23,000. We had also improved our methods of organisation and our type of machines. The Government's information showed that the German capacity for production was inadequate for competing with ours. Hitherto our increase of production had been only gradual but was now going up by leaps and bounds. April's strike lost us between one hundred and fifty and two hundred machines. The Government hoped it would soon be possible' to meet not only our army requirements but to provide suf- ficent aeroplanes to make raids impresible. He believed, that if the situation was explained to the people who were suffering they would be capable of rising to the great appeal and cheerfully accept the risks.
Mr. Bonar Law, replying to questions, said the opinion of exports was that our types of machines were as good as the German's. He profoundly disagreed with the view expressed that the Prime Minister's speech might have been made in public as most of the vital püssages were essentially secret in character. Mr. Bonar Law pointed. out that the French front was nearer to the more important German cities than ours; therefore it was natural that the French would play a larger part in offensive operations against them, which they had done with remarkable sure-- cess and immunity during the last few days. While not regarding raids on London as of no importance, he said the balance of military advantage must be considered. Pen- ple demanding an instant production of vast numbers of aeroplanes were apt to forget the inherent limits of the extent and rate of such increase and the imperative demands of other services.
Mr. Joynson Hicks and Sir J. H. Dalziel criticised the measures to cope with the raid.
Mr. J. Norton Griffiths related his experiences at the front confirming British aerial supremacy there.
Mr. Claude Lowther asked for more cohesion between the air and land defences.
Reports of the secret sitting are too late for conunent. in the morning papers, but the secrecy evidently meets with little favour.
EXPLOSIONS ON STEAMER.
:
Melbourne, July 10.
The nine-thousand ton steamer Cumberland, bound from Sydney to England, has been seriously damaged by two explosiona in her hold which rented the bull The vessel has been beached on Gabo Island.
U. S. NATIONAL GUARD.
Washington, July 10.
President Wilson has issued a proclamation drafting the entire National Guard into the Army on the 5th August.'
BETHMANN HOLLWEG'S LAST EFFORT.
London, July 10.
The fate of Dr. von Bethuang Hollweg is hanging in the bulance Numerous political conferences are being held in Berlin and Hollweg is making a last effort to rally his narrow majority of National Liberals and Conservatives with the body of Clericals,
The latest report is that Marshal von Hindenburg will succeed Hollweg.
AUSTRIA-HUNGARY IN DESPERATION,
Zurich, July 10,
During a debate in the Reichsrath deputies from all parts of Austria-Hungary declared that the situation wità the mass of the population was fast becoming desperate. Galicia, the granary of Austria, was completely bars.
A Gezisan Bocialist declared that it was impossible to tell how long the workers would bear their privations. The Wrath of the lower classes could not be kept down by bayonets.
M. M. LINPR SUNK.
Paris, July 10.
The French Messageries Maritimes) liner Caledonien was sunk in the Eastern Mediterranean on the 30th June either by a mine or a torpedo. Of the 431 on board ass were saved.
The Freach-afoamer 'Diané pluckily fought a submarine. until sunk after firing one hundred shots. The Captain Has been decorated with the War Cross, ~~
BRITISH ADVANCE,
London, July 10,
Field Marshal Sir Douglas Haig reports: We advanced our line slightly last night eastward of Costaverne and made
a successful raid, south of the Ypres Commises canal.
THE HONGKONG TELEGRAPH, THURSDAY, JULY 12, 1917.
TELEGRAMS.
"{Boater's Service to the "Talegraph.”]
ENEMY SEAPLANES DESTROYED.
London, July 10.
The Admiralty announces that the Commodore at Lowestoft reports that on Monday evening the armed trawler lcoland destroyed two enemy seaplanes and brought in four prisoners.
FRENCH RAID ON KRUPPS.
ག
Amsterdam, July 10. According to reports tickling through the German cen- sorship regarding the air-raid on Essen, the first bomba fell at. two in the morning near Alinenrath, in the vicinity of Cologue, wrecking some houses. The inhabitants rushed for 'shelter and shortly afterwards a storm of fire broke out from the anti-aircraft guns at Duesseldorf, Oberhausen, Essen. Multheim and elsewhere, while searchlights searched the sky in all directions The greatest secrecy is observed regarding the extent of the damage, but travellers speak of the perturbation of the local population.
Router'a correspondent at French Headquarters senda, the following story of the bonibardment of the Krupp factory and town of Essen by Sergeant Aviator Gallois on Friday:- Sergeant Aviator Gallois's machine was one of eighty-four which started simultaneously for various objectives behind the enemy front All carried out their mission and returned to the starting point, except two machines, within sixty-six bours. Sergeant Gallois says: We started at 9.30 in the evening. Four of as proceeded to Essen. The night was dark and I soon lost sight of the others. The course lay over Metz and Theouville and down by Noselle to Coblentz French batteries red at we while traversing the line. Suarchlights were playing at Metz but I passed undetected. I continued steering by the compass to Trerès, where I heard my comrades bombing the town and knew I was keeping The direction. By and bye I picked up the Rhine. The moon was shining on it and flew up the stream past Bonn and Cologne towards Dusseldorf, Loiting down on German towns was like looking down in a sea of electric light. I was several times firel at by anti-aircraft guns, especially at Cologne, where the shouting was ancolimonly good. As 1 approached Essen, there was a broad band of light on the horizon. It seemed to be several miles leng. To the south of the tows was another great belt of light from the iron and steel foundries. I arrived at Essen af a height of 6,500 feet. and chose a spot where the laze of light from the factories, scened brightest. There I threw my cargo of bombs conating ten between each throw. Then I proceeded homeward safely, traveling the same route. I was frequently fired at
Eleven
The eighty-four machines participating in the operations distributed nearly eeres tons of high explosives. dropped two-and-a-half tons on Treres. The correspondent emphasises the unquestionable superiority of the French air-service over that of the enemy, reducing the enemy's activities to occasional hurried raids. During the Aisne battle 1038 air fights occurred over the German lines as compared with 305 over the French lines.
U-BOAT OPERATIONS."
325 German Submarines at
Work.
COMMERCIAL NEWS.
HONGKONG SHARE REPORT.
S-SELLERS; SA-SALES; B-BUYERS; N.—NOMITAL.
OFFICIAL PRICES.
BANKS
Douglases Steamboats Indos (Def.)
BANKS.
BANK OF CANTON,
LIMITED.
HEAD OFFICE, HONGKONG
TOREIGN EXCHANGE and General Banking Business Transacted
INTEREST ON FIXED DEPOSITS:
HL K. & 5. Banks s.
$$75
MARINE INSURANCES. Cantons North Chinas Unions
$
I
$940
t. 140
$930
Yangtszes
b. ex 73 $190
FIRE INSURANCES.
China Fires H. K. Fires
D,
149 $325
For 3 Months 3% per annum.
SHIPPING.
For 6 Months 4% per annum.
$8.5
$13
n.
$1011
For 12 Months 41% per annum.
Indos (Pref.)
3.
$40
Shells
b.
120/-
Ferries
LOOK POON SHAN;
Chief Manager.
,
0.
$29
REFINERIES.
Sugars
1.
Malabons
b.
$96 $29
MINING
31/6
b-
t. 734
0.
$2,45
23/6
D
32-
Kailans Langkats Raubs Tronohis Urals
DOCKS, WHARVES, GODOWNS, &C.
H. K. Wharves Kowloon Docks S'hai Docks b.
יי
M.
S'hai Lands West Points A.
Kung Yiks S'hai Cottons Yangtszepoos
MISCELLANEOUS.
BANQUE INDUSTRIELLE
DE CHINE.
Capital (34 Paid up)...Franca 45,000,000.
Fresid at
André Barthelot General Henager A. J. Permatte.
HEAD OFFICE:
74 Rue Saint Lazare, PARIS BRANCHES in PEKING. SHANGHAI, TIENTSIN and, HONGKONG.
BANKERS.
In FRANCE: Société Générale pour favoriser le Développement du Com- meros et de l'Industrie en Franca In LONDON: London County
munster Bank, Ltd.
West-
In ITALY: Banca Commercials Italians.
Telegraphic Address: CHIBANKIND.
Interest allowed on Current Accounts and Fixed Deposits. Ternis en application. Every description of Banking and exchange business tränsacted.
M. RQUET DE JOURNEL,
Manager.
HONGKONG BRANCH:
Tel. No.: 2352
5. Queen's Building.
Hongkong, 14th May, 1917.
BANKS
HONGYONG & SHANGHAI
BANKING CORPORA
TION,
Paid-up Capital ...........835,000,000 RESERVE FUNDS ::
Sterling
£1,500,000 at 21.
-$15,000,000
Silver ...$18,500,000
$33°500,00
Reserve Liability of
Proprietors...$15,000,000 COURT OF DIRECTORS.
Hon. Mr. 3. H: Foject-beirmer, J.A. Pugner, Esq.
Hoa. Mr.Σ Antory & As IME
Gabbay. F. Ece. Mr. P.B, Borre E. V. D. Fam. Z
Pattandenių. Tačia
A. H. Campton
CHIEF MASAGES Hanghong-.7, Stabb, Im
MANAGER Shanghai-AG. Sapher, H. Landon Bankers-London County d
Walminster, Limited.
Hongkong--Lagress Allowact 3
Cu Current Accounts at the rate of 3 par sash
Phang on the daily balance
ON FASED DEPOSITS.
Tor 3 months. If per cent, per anston, For months→ par cest per amon
For is mouth,per cent per about N. J. STABB,
Chief kanagan
HONGKONG SAVINGS BANK
TAX Bariness of the above Bank is conducted by the HONGKONG AND SHANGRAI ZANKING CORPORATION. Rules may be obtained on application INTEREST on depsalta is allowed on the shr monthly Ralances al per cans, per pers Depositors may transfer, at their option, banca of oo or more to the Hongkong and Shangh Back to be placed on FLED DEPOKET = 4
DELL, DET ARRITM.
Boa
For the Hoogkong and Shanghal Banking Counse
N. J. STABB,
Chief Manages,
THE CHARTERED BANK OF INDIA. AUSTRALIA AND CHINA
Lacorporated by Royal Charte iss
BEAD OFFICE-LAKDOW
PAID-UP CAPITAL
RESERVE FOND
-
RESERVE LIABILITY OP
PROPRIETORS
CES
FORSTON, EXCHANGE and Dr
business transacÍNĚ. CURRENT ACCOUNT opened and DEPORTS received for å year or shorter perioda, at races which will be quoted on sppilazion
T. C. DOWNING,
Manager Hongkong, 11th April, 1912.
$68
$114 "ť 34
LANDS, HOTELS AND BUILDINGS. Centrals H. K. Hotels Land Invest.
5.
$95
$973
b.
$93
H'phreys Est.
8.
$6.25
K'loon Lands
9.
$$3
n
t. 80.
8.721
COTTON MILLS.
Ewos
D.
b.
t, 155 -t. 14,50
+124
11
t. 5.70
A.
- $7
China Light & P.n.
$4,50
Providents
11.
$7,90
Dairy Farms
D.
$23
Green Islands
1,
$7.30
H. K. Electrica H.K. Ice Co, Ropes
b..
$48
IJ.
$151
b.
$27
n.
$10
$6,49
$9.10
cts. 90
b.
$8,40
TIME TABLE.
Bombay
Да
$13
Quest
9.00 ANG EVERT 1 MET
Colombo
b.
$6
Deili
120 sa to
30 MY.
22.00AM
Galle
15 ME,
S
$6,50 $29
19.457.
13 MEY.
Hongkong
1. M
18 MIN.
10 F.K. to
turx
4.00.
4 18 M.
IS MIN.
MIGHT CARE.
Borneos
Steel Foundries Trams, Low Level n. Trams, Peak, old n. Trams, Peak, new n Laundries U. Waterboats Watsons Wm. Powells Morning Posts
CORRECTED TOʻSOON THURSDAY JULY 12, 1917.
BENJAMIN & POTTS, Share and General Brokers,
Princes Building.
Tel, address': Broker.
EXCHANGE.
The T/T India
SELLING.
-32218 Nom. Nom.
Packing of Cotton "Goods. The directors of the Manchester Chamber of Commerce recently considered and approved the Amsterdam, May 15-The proceedings of a large meeting of Germans have about 325 sub members of the shipping sections marines in operation, and about and of the Advisory Committee 80 to 100 bave been lost through who are authorised to settle the British nets alone, secording to oumeroas difficult points that the Telegraaf, which prints an rise in the carrying out of the interview with one of the crew of Order restricting the use of wood the submarine U-58. This is the cases by shippers of textile goods. anbmarine which sank the Datch Oa certain practical points which grain ships in February.
have arisen an interchange of The U-58 is commanded by experiences among shippers would Capt. Count von Plaetan. AG. perhaps be useful. One such cording to the sailor, the sub point is that if goods are put in marine discharged three or four tales the mark
of string. torpedoes against the Dutch ships, especially if tied in knote, is and then zigzagged between stamped by pressure upon the them, sinking them with bombe nearest layers of fabrics. To avoid and shell fire.
this it is suggested, the knots TIT.
2/732 2/7 9/16 When at ses the submarines wight be tied at the side and it Demand
2/7 11/16 would be better still to substitute 30 dís. assemble at a given point every narrow At tape string. Some m/s......... 2/73%
60 d/a...........ALL SA 2/7 13/16 morning and receive wireless
firms are fastening paroels with TT Shanghai......... Nom instructions presumably from Heligoland.
There are about cummed labels. The possibility T/T Singapore 11:34 thirty-nine U-boats of the newear of damage being done by books, IT Japan type, each carrying a crew of 56 has always to be faced, men, and this set is anpplement-permission to pat wood boards at Demand, India
the top and bottom of bales has T/T San Francis- 624 ed by a secondary squadron diminished the risk, and it is
co & New York) marked with a 0.
Bug gested that for some markets smail T/T Java ..... 1505% The first class boats have a bales could be made with "ears" T/T Marks.......... Nom. speed calcalated ae sufficient to Perhaps other enggestions that T/T Francs 3.63 overtake any cargo boat. Two have a limited circulation will be Demand, Paris 3.631 thirds of their crews are exper-pat into the common stock. A ienced and one-third novices. The bosts carry
question is asked about the legal a fornight's
position of ehippers who said etores and have a maximam
goode in bales which they had period of enbmergence of from ontracted to send in cases. No eight to ten hours. Each is a ficalty can arise in the British equipped with two periscopes, Lies, where it would be seaffi- and sometimes descends to from cient defence that the alteration 30 to 50 metres.
was made of necessity to comply with an Order issued under the
6 min. Francs, ................ 3.81 Defence of the Rezim Regulations, Demand, Germany. Aeroplane Attack on Swlas Town. Can any corresponding safeguard Demand, New York. 625%
be devised to protect the shipper T/T Bombay............... - An aeroplane of unknown from possible conarquences of the Demand, Bombay... Nom nationality dropped three or four O der in other parts of the T/T Calcutte bomba on Porrentray. Switzer Empire? This matter is exercis. Demand, Calcutta... Nom. land, recently. One fell on the ing the thought of shippers, and Demand, Manila
125 house of a watch-maker, doing perhaps it has already been con On Haiphong.........
Demand, Bingapore. 111 considerable damage.
4% prem idered by the Advisory Com-On Saigon... 394 pren. mittee of the Manchester Cham-On Bangkok. 5. ber of CommeIOS,
Bovereign
7.55 Gold Leaf, per os... 43.4 Bar Silver, pero 4994
SUBSIDIARY: COINS.
German Dream Shattered.
BUYING.
4 mls. LC....... 2/834 4 m/s. D/P................ 2/8-9 8 m/s. L/C ...... 21856 30 dis. Sydney & 285%
Melbourne.... 30 dia. San Franc
isco & New York] 4 m/s. Marks 4 m/s. Francs
***
634 Nom 3.76
At a publie meeting in & Gar- man town recently, no less than) seven- apuakeru dat of twelve?
Tragic Death. emphatically deolared that all. German dreams, of "Berlin to Colonel Badge, 70, formerly Bagded ”, have now been destroy- în command of the Lincolnshire el, and the caly bullet to the ma, Regimental District, a obaked DISCOUNT FER $100 now in the possession of Gery while dining. Is was found that Chinese...20 ot. piece 4/45 many, worth? Erbting for in a pisos of obirken, had broked - binces...10 / "Antwerp and its Hinterland." the opening of the windpipe. Rongkong 20
Honchoorl
→
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