COMMERCIAL NEWS.
„Japan's Foreign Trade, Japana foreign trade for the six months just ended shows an unprecedented excess of exports
REFORM IN HONOURS SYSTEM
Work for a Radical Party to do.
Writing in the Daily Chronicle, over imports.. Exports smounted (J. Saxon Miles says **** în value to Y708,372,000 and There is a great deal of litter importa to Y448,138,000, the and lamber lying about the gar fortner exceeding the latter by Y259,934 000. These figures compare as follows with those for the corresponding period of last
year ****
Jan-June.
1917.
-1916.
88,932,000
-------- 259,934,000 The following stone a com- parison with the first-half of 1914 just before the outbreak of the
Exports...... Imports
einparte
Jan-June. Jan-June.
1917.
1914.
448,438,000 392,385,000
THE HONGKONG
ADMIRAL SIMS: 1910 PROPHECY.
Stirring Tribute to the Jutland Heroes.
LEGRAPH, THURSDAY, JULY 26, 1917.
For those of n who had |enjoyed this association the matter was clear. There were wnny of us who understood that this spritual unica
inien would manife
(manifest} isself in no uncertain way at the first threat of real danger to our civilization.
in
HONGKONG SHARE REPORT
8-SELLERS; SA-SALES'; B-BUYERS; N.-NOMINAL.
Urals
OFFICIAL PRICES,
BANKS. · ·
8.
SHIPPING:
1.
1.
$
b.
REFINERIES.
1.
MINING
Q
11.
D.
יי
$665
$840
t. 140
$895"
#149 $320
"I am glad to be able to my that as a result of many visite to den walks of our island State United States Navy, in paying had reached this conclusion. In H. K. & S. Bauks sa.
Admiral- William Sims, of the Great Britain and her Colonies I which requires to be placed in a wheelbarrow and whealed firmly notable tribute to the heroes of 1810, when our Fleet visited
MARINE INSURANCES. Jutland at a thanksgiving service England. I made a small bat very Cantons to the squeeoh-fire. It would be s
the North Chinas disster if in certain mattere that to celebrate the anniversary of the andiplomatic specab Jan-June, call for reform the war should battlest the London Opera House, Guildhall:
Unions re-called bin andiplomatic **In that speech I expressed an Yangtszes 703.372,000 7459.548.eco leave us as it found as. We re Exports..
b. ex 75 $1921 381.262,000 member, perhaps, how it found as speech" of 1910, in which he opinion which is now being Importa 418,438,000
FIRE INSURANCES. - Excers of Ex-
-locked in a senseless party said that we might rely on the translated into action by the China Fires b. port
vendetta, half corrupt with American Navy in time of trouble, enlightened public opinion and H. K. Fires lorory and unsavoury social The meeting was held ander will of the entire American people. This is what I said: In my intrigue, actually adrift to the the auspices of the British and cataracta of civil war. We do Forsigo Sailors' Society, and the opinion, if the time ever comes Douglases not want to return to all that. Bishop of Willsadea presided, when the integrity of the British Steamboats Indos (Def.) In future, we must be a democracy Among those present were Ad-Empire is seriously threatened by Indos (Prel.) 1208,328.700 ¥311,631,000 in epirit and fact as well as in miral Sir Cecil Barney and the European coalition, you may Shells It will be observed that while tha, and it will be strange if Dean of Durham. Admirsi Sime count on every ship, every dollar, Ferries
every man and pvery, drop of the fires six months of 1914 this comradeship in war with our said:-
blood of your kinsmen scross the young Empire Dominions, with
"I am glad to have the opporto. (Prolonged cheering) exceeded exports by the modern democracies of France unity of expressing my admira-
Sugars $170,754 000, the balance in the and America, and the new-born tion for those gallant heroes who, I desire to pay tribute to the
b. "Speaking for my own Bervies, Malabons corresponding period of this year democracy of Russia, leares no in the Battle of Jutland, gare brave seamen who have consecrat Kailans is enormously in the favour of effect upon English politics and up their lives in this struggle ed the waters of the North Sea Langkats exports. This is not owing to any society.
to make the world a fit place with their blood to the everlasting Raubs decrease in the imports bat because of a remarkable develop But my object here is a call for for decent men to live in.
honour of their service, and our Tronohs Many of those men were profession. (Cheers.) ment in the export trade, importe, the ending rather than the mind- as a matter of fact, showing ing of gross abuse which friends of mine and of my brother. "I trust that if the for- DOCKS, WHARVES, considerable increase. This state defaced our social life before the officere, so that we can under sanes of war should necessitate GODOWNS, &C. of shinge is dae entirely to the war mean the secret sale of stand in a measure the grief of another Jutland battle, American H. K. Wharves sa. war, and the extent to which the social distinctions. We may have those who were dear to them.
esmen may bare the oppor Kowloon Docks sa. change has thus been brought to overhaul our entire system of
"I can amore you that these tunity of proving themselves Shai Docks b. about may be clearly realised decorations. It is not fair that bereaved ones have the entire equal to sustaining your naval LANDS, HOTELS from the following table showing precisely the same honour abould spmpathy of our nary and of the traditions." (Cheers.)
AND BUILDINGS. the balanos of trade for the first be won by the man of genuine vast majority of the people of the
The concluding statement by| Centrals eix months of each year:-
literary or scientific or political United States, where it is realised the American Admiral
wa, H. K. Hotels achievement and the man of that the blood shed in that received with rounds of cheering. Land lavest. volgar cash Bad cabgery. greatest naval battle of history He said:
H'phreys Est. Y80,557,000 Our system of rewards may was shed not only for Great
K'loon Lands *** Qar naval forces are already Shai Lands 28,506,000 29.047,000 have to be made more specific Britsin and her Allise, batia scrive service in these waters, West Points 103,460,000 and appropriate, with lows of mere also for the cause of free and are fighting alongside yours 243,000-ocial distinction about them.dom throughout the world. in most cardial and complete co- 70,754,000 However, my point is that we This fact was not at firet operation." 19.246,000 must give up selling titles sad and tood across the water, but 259.934,000, then pretending they were given it is understood now, sed our
bonoris caus3."
President has declared that we We must have done with all are prepared for any ascrifices The provisional census figures the extent of 163,000,000, so this. Bat, says somebody how that this case may triumph. show the population of Egypt to that the excess for the first six are the parties to get their funds "The difficulty was that the be 12 566,000, a compared with maths of this year goes over the if they cannot sell these social association of ideas between our [11,143,000 at the time of the "twaive months' figure by close on badges? How, I may ask, does people and yours had ant bereto-ass of 1907. The population
T100,000,000 Even ben com-the Labour
party get its fore been close enough to realise of Cairo is 785,000, as compared
· pared "with the figures for last funds? Ia legitimate and the spiritual bonde that united ua. with 648,000 in 1907. jear when a new record was democratic way-by a levy from
Excess of Import
or Exports
....Import...
1908.
1909.
1910.
1911...
1913...
1914...
1915... 1916...
..Export
1917...
123.243.000 120,265,000
68,232,600
During the twelve months of 1915 exports exceeded imports to
#
М
the
made, latest half-year's every member of the party. excess in Ines than that for
The feature of our social life
the whole of 1918 by not more which is most alien from the de- than 100,000,000.
Judging mocratic spirit has yet to be men
by the present conditions, istioned. I mean the creation of
is expected that the
excess of exports Over
total hereditary peerager, whether for im-honouror cash down. Many people ports this year will amount to a have been quite bewildered "st gare three times that of last seeing the Liberal perty going year. There have recently been no on making hereditary earls and Elea of Japanese .veseele abroad. viscounts and barone, even at It is reported, however, that a time when it was busy fighting orders have just been received in the hereditary system in the House
Kobe for small craft of 500 or of Lords and when Mr. Lloyd
600 tons each, ather than wooden.
It is understood that these orders
George was dealing faithfally with the dokes One of the
are for substitutes for Japanese greatest of democratic ideals in frawlers of which the majority equality of opportunity." How have already been sold. The does that sort with this practice Niebiyo-maru, 5.60 tona, hss of endowing persona unborn; been sold to the Kusakabe Shokai perhape silly and corrupt persons for Y3,000,000, to be delivered in with badges of nobility, with January next. The Niasho-mara, claims to social homage sed 2,300 tons, has been sold to the consideration and the material Noguchi Shazai for 1,200,000 advantages which spring from all for prompt delivery.
to
DOW
this? The Tex Prohibition,
And all the while we have been A correspondent in the tesailently evolving snow aristocracy, trade
wrote to the London whose titles are strength and Morning Fest on Jane 5:--You beauty and the ability to do called attention last week to the things, a pure, not blue blooded fact that the Government, in nobility, largely recruited from prohibiting all imports of Chins the lower middle classes. And sex sa from February 23, bad the war has brought slong a new omitted to provide for the case of nobility of service and sacrifice tou bought, with freight and which makes the old Brahminics! erobaoge arranged for previous caste distinctions, founded upon the date of prohibition. no excellences of body, mind, or Too hardship. inflicted inspirit, appear still more dingy and thit esse hea
arisen. antique. So impressed, indeed, Several tos stemmers which left have the French been with the Shanghai after February 23 have universality of sacrifice demanded now reached British porte. Ia at[by the war, that, with a fine least three instance the cargoes sense of the fitnesa of things, they ‚are not allowed to be sold, Lie- have conferred no civil distinc- eace have been refused, and tions at all since the great struggle fatimation has been made that began. This decision cannot be recon- Here then is a mass of medias- sidered. So the position is this:val superstition, we esnnot too We are short of tes, and yet quickly wheel off and barn. Of tea already imported or shortly course, in dealing with our Bri to arrive may not be sold because tish institutione, "we the impenetrable official remember that England is mind will not understand that saltimately responsible big trade cannot be stopped dead Empire representing nearly a at any moment, but that arrange quarter of the human race. That ments for freight have in these is what gives to our monarchy days to be made far ahead by its special meaning and fanction. merobants. Actually large con- Bat with regard to the self- signments of tea which may not governing Dominione, is it not a be sold are now lying in bonded fact that we are to some ex ent warehouses, incurring charges affecting with ont musty and involving the payment on feudalism, our class prejudices maturity of the drafts relating to and social distinctions, commasi- them. The mandarins of Paking time which ought to be pure and are nothing to the mandarins of clean democracies of the moet Whitehall,
modern type ?
have to
for au
"
14
YALE
Egypt's Population,
Doors that shut silently mean comfort and happiness in the home. - and health.
YALE door-closing devices
The Yale Door Check is an automatic door closer that never forgets. It shuts a door positively but gently. There is no annoying slam-and there are no drafts. The Yale Door Check is backed by the Yale name and reputation.
You yourself can put one on any door
in your house in a few minutes, with no aid other than a screw driver or we will have it done for you.
Let us send you a copy of a clever little book, "The Quiet Life," that tells abour Yale. Door - Checki
SOLE AGENTS :
MUSTARD & CO.
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.
For 12 Months 41% per annum `LOOK POON SHAN;
Chiof-Manager,
BANQUE INDUSTRIELLE
DE CHINE
Capital Paid up)...France 45,000,000
President
André Berthelot General Manager A. J. Pernotte.
HEAD OFFICE: "
$68 $111
t. 90
74 Rue Saint Lazare.. PARIS BRANCHES in PEKING. SHANGHAI, TIENTSIN and HONGKONG.
$$$
BANKERS.
In FRANCE: Société Générale pour favoriser le Développement du Com- merce et de l'Industrie en Franca In LONDON: London County & West-
minster Bank, Ltd.
In ITALY: Banca Commerciale Italiana.
|| Telegraphic Address: CHIBANKIND.
Interest allowed on Current Accounts and Fixed Deposits. Terma en application Every description of Basking and archangel business transacted.
M. ROVET DE JOURNEL.
Manager.
HONGKONG BRANCH:
Tel. No. 2352
5. Queen's Building.
Hongkong, 14th May, 1917.
NOTICES.
b.
b. x d.
$95 $98 $9 L
#.
$6,25
The
sa.
b. I d COTTON MILLS.
t. 80 €69
Ewos
t. 160 Kang Yiks b.
151 S'hai Cottons. b. & sa. t. 130 Yangtszepoos Ba
t. 5.75
H. K. Electrics .
MISCELLANEOUS. Borneos"
11. China Light & P.n. Providents Dairy Farms Green Islands
$7 $4.50
$7,90
D
$23.
$7,10
$48
H. K. Ice Co.,
D,
# 151
Ropes
b.
$273
Steel Foundries
$10
Trams, Low Level n..
$6.41
Trams, Peak, old n.
$9,10
PEAK
Trams, Peak, new n.
cts. 90
Laundries
b.
1.
$8,40 $19
Watsons
:
b,
$6
Wm. Powells 駡
$6,50
-11,00 A
Morning Posts a.
1130 A 50°
19.48 PM.
LIPAL
1.45 PM
BIS FX
1.00 PL
8.00 7.3.
3GHT CAKNA
107 and
U. Waterboats
$49
CORRECTED TO KOON THURSDAY
JULY 26, 1917,
BENJAMIN & POTTS,
Share and General Brokers,
Princes Building.
Tel. address: Bröker.
EXCHANGE.
TIT....... Démand
SELLING.
60 dis..............
2/716 2/7 3/16 2/7 5/16 2/7/7/16
T/T Shanghai.... Nom. T/T Singapore ................ 11031⁄2 T/T Japan...... 12055. IT India Nom. Demand, India. ............ Nom. T/T San Francis-1
6194 co & New York TT Java....................... 14834 T/T Marks...er****** Nome TIT Francisimman -3.5814 Demand, Faris 3,59
BE BUYING.
4 m/s. L/Cummins 218
4 m/s. D[P............................ 2/816
6 m/s. L/C
30 d/s. Sydney &)
Melbourne
2/814 2814
o
63
Nom
30 d/s. Bax Frane-1 isco &New York
4 m/s. Marks
4 m/s. Francs..... 3.711 6 m/s. Franca................... 3.7634 Demsad, Germany.. '--- Demand, New York. 6174 TT Bombay Demand, Bombay....... Nom. TIT Calcutta
OLEMIDADE
+1
Demand, Calcutta... Nom. Demand, Manila ... 12814 Demand, Bingapore. 11014 On Haiphong . L DIỆN On Saigon 4% prem On Bangkok........ 5914 Sovereign state 7.65 Nom Gold Leaf, per oz... 444) Bar Silver, per o... 394
SUBSIDIARY.
::|:
DISCOUNT PER $100-
Chinese..,20 cts, pieces 3.4% %%di
hipere...10 m. pr. 3. 11⁄2 diz. Hongkong 20 cts, pieces Hongkong
NOTICE.
EAK TRAMWAY CO.
LIMITED.
"
TIME TABLE.
1.15 x 10 1.06 X-X. 215x10
OUR MO
4.00 £26.
10.00
BANKO
HONGKONG & SHANGEA BANKING CORPORA
DITION,
Paid-up Capital RESERVE FUNDS :
Sterling
...$15,000,00%
£1,500,000 at 24-
-$15,000,000
Silver £18,300,000
$33 500,098 Reserve Liability of
Proprietors..... ..$15,000,000
COURT OF DIRECTORS.
Hen. Mr. S. H. Dodwell-balar.“ Bon... Boys-Dame Chałysank HOR. Mr. C.E. ABIO, F. Sutcher, G.T. M. Pdkins
01 Jubley, Esqu E. V. D. Part. Ese, W. Partaden, Esq.m A. B. Compton, Est
CHIEF MANAGER · Hongkong-N, J. Steid, Brai
MANAGIN
Shanghai. G. Stepdin, Exe London Baske-London County and
Wstawer, Limited,
Hongkong-Interest Allowed
On Carteat Accounts at the rate of 3 per ce
kasum on the daily balanca
ON 21XED DEPOSITE For I moi per crat peI SZANS For mosha, 24 per czu, YET REGI For is meas, i per cent, SAU ALBUM,
N. J. STABB
Chief hianager
HONGKONG SAVINGS BANE.
THE Basicus of the above Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION Rules y be chrized on application INTEREST on deposits is allowed of the kama monthly balances at is pec casa, par son
Depositor may transfer, at their option, thes of $400 or more to the Honghey and Shangh Back to be placed on FIXED DEPORT tant. per annum.
For the Hangiene and Shanghal Beaking Corp tion
N.J. STABB,
Chief Manage1.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA
incorporated by Royal Charter 1383
MEAD OFFICE-LORDON..
PAID-UP CAPITAL $1,000,000 RESERVE UND RESERVE LABILITY OF
PROPRIETORS
£t, pas,cot
$1,005,94%
FOREIGN EXCHANGE and' Gesert Desmai
mate business transacted CUBRENT ACCOUNTS opened, and XIXE DEPORTS received for 1 year or sartar pasota, rates which will be quoted on appart T. C. DOWNING,
Manage Hongkong, 11th April, 1912.
THE MERCANTILE BANK OF INDIA, LIMITED.
Head Office 15, Gracechurel Street, London.
Authorised Caritál ........£1,500;DIT"- Subscribed
Paid Up
T
H
Reserve Fund
BANKERE
The Bank of Engine
1,125,000
K62,5€
600.000
The London Tolat Stock Bank, Link
*Fombay
akats
-Calombe •
Perezis Max.
Delbi
Galle
18 Ma
Hengkong
12 MEX
Howrah
10 MIN.
15 MIN
Kandy
10 MIN.
IS MIN
30 MIN
1
.. 9.30 10
12.50 Pa every half hour. 1100 to 2145 VAL svay quarter of a bear. BENDAFE
BUS AUG 10: 20.30 ANG 2000 AL ME 31.00 4.30 ELMAN TO 1200 Rocz 2009 Mocate 100 2.56
10 MIL
36 M1
Н
10 MIN.
KISAC 10
6.00 3.25
10
•
1.00 7.4
HIGBT CARS aɛ on Week Dars.
SATURDAYS:
Mrs Cars Midnighs.
SPECIAL CAES
By Arrangemt at the Company's Diskor. Besandri Balding,
For E
* Basson and yzoch tickata available for ali jam nos sárendy fall, running at the timna stated In the Ccapacýs the tables; but sotkorapscist marosa ́be obtained, og appõesčios si the fozemankaya OthnerNa Basuker ticket win be ****THESE 30ayment therefor. Ese been made is Bark Botas or by Chagrin or Compradore Order TODERMABLing Back Your
JOEN D. HUMPHREYS & CO
THE CHINA PROVIDENT LOAN AND MORTGAGE
CO., LTD.- (Capital Paid up......#1250,000.)
Lámina 'an Mortgage of Botme Property, de Brodd received in Storage Lássoros pisda on Merultačius. Lưng trade tribe Provident Synsz (7
TEOSTER, "IXECUTOR OP"WILLS, ATPOMMIT, Be Undertakes-and- Exorniać, Babes and Pasticcises on application) In the Office.cf SHEWAN, TOMES & CO.,
General Manavera
MARTIN'S
BRANCHE
Port Louis (Mavrition)
Xarachi
Kata Ebers
Kuala Lump UT
Hon
Penang
Singapore
•HONGKONG BRANCH
Every description of Banking and Exchang business transacted.
Interest allowed on Carsi Accovets at per cie per annute on Daily Ealances, and on Fixed Dep at rates which may be ascertained on appăcation.
C. CHAMPKIN,
Acting Manager.
LINTERNATIONAL BANKING
CORPORATION,
HEAD OFFICE
15 Wall St., New Tuk;
LONDON OFFICE: 16, Bishopsgate, Enke
CAPITAL & SURPLUS U.S. $6,500,000 UNDIVIDED PROFITS † U.S. $1,010,00%
US: $7,510,000
BOMBAY
CALCUTTA
TON
COLON
HANKOW
BRANCHES ...
KOPP
LONDON
MANILA
BANTO DOMINOT SHANGHAI
- SINGAPORI MEDELLIN TIYNTEIN PANAMA YOKOHAMA PERING.
HONGKONG SAN FRANCISCO ́·
Through its cicse alistice with The Waters City Bank of New York, the Banke le sile to oller th Services of the Eranches of that fastitution in Cums South America, and sing,bers, Dasly?
BAHIA, BUENOS AIRES, GENCA, HAVANA MONTEVIDEO. RIO DES ANDRO SANTIAGO DE CUEA; KANTOS, SAC PAULO, PETROGRAD VALPARAISO,
All kinds of FOREIGN & LOCAL PANKING BUSINESS tracked A
CURRENT ACCOUNTS opened and 71X22" DEPOSITS
received as rates to be ascertained os- application,
GEORGE HOCE, Manag
Hongkong, 26th September, 19164
THE
YOKOHAMA SPECIE BANK
LIMITED.
Established 1880... Authorised Capital Yer 48.000.000 Pald-up Capital ... 36,000,000 Reserva Fanden 4 21300,000 Head Office-YOKOHAMA
Branches Anting-Hsien
Bombay Calcutta
Coabgetram
Yengthen
Hankow Honolulu
Kote
London
Zyone
Tóg Angulon
ternet sllowed on Otrant
manivad for trać pardodu a
ALAS EISHI ON Hongkong 18