THE HONGKONG TELEGRAPH,
GENERAL SHIPPING NEWS.
a
Council, and Mr. T. Anstruther, Mr. G. Davin, Sir Frederick Green, and Mr. A. Isso, the retiring members of the council, were re-elected.
O.S.K.'s New Plans.
Irish Shippleg. »
lo
FRIDAY, AUGUST 31, 1917.
HONGKONG SHARE REPORT.
booked through the direct ship ping:provided by the City of Dublin Steampacket Ca, between Dublin" and Manobmeter. The Irish Controller, Mr. H. G. Borgens, has written to the Port and Dock: Board asking for particulars of the extent of storage "accorr- modation likely to be available at the Port of Dablin, and whether - such could be pinced at the dis posal of the Controller. The Board has direated the secretary to supply the Controller with the fallest information, and intimating their agreeableness to furnish all facilities possessed at the port. As already pointed out, (ng the Journal of Commerci), the arrangements under the Oon- troller will tend very much to the convenience of shipping! It will " efford belfer distribution of, con- #igaments which will minimise the necessity of iny vessels lest. ing Dublin or other Irish porte. light, and by placing cargo at the disposal of vessels will incresse correspondingly the earning.. power of the ships and tend to quicken transit, all pointe much to the advantage of our BRA commerce.
Suez Canal Company. proposed, firstly, to fix the amount The sixty-third annual generar of profits for distribution at meeting of the Saex Canal 43,707,0421. 260., and to carry Company was held in Paril forward the balance of 10,344, recently. The report for the year 3091. 440. This distribution of 1916, which was adopted, states | 43,707,0421, 26c represents that the position.
showed no a dividend of 77. 58. per AJapanese paper likens the Nip essential difference from that of share, which is increased to 102 pon Yusen Ksiahs to an old man, the previous year. The outlook 58. gross by an additional in and the Onks Shonen Kaisha to was somewhat more gloomy. The teres of 251., or a net return off a young man; the former conserv War continues. The continuance 90f. The general abipping for ative and passive, the latter pro-! of the same causes has only ag. 1916 was represented by a pan- gresite and active. "The Japan gravated the effects produced, ing through the canal of 3,110 Chronicle does not know whether Traffic through the canal, which ships. of a Det tonnage of this is a correct representative of in 1915 amounted to 15,268,155 12.325,347. This is a decrease on Japan's two largest steamship tons, fell in 1916 to 12.325,347 1915 of 589 passages, and of companies, but it is true that tons, a drop in round numbers of 2,940,508 tons (or 19.26 per cent.), there has been, and is, an agila- 3,000,000 tone, 10 which must be and in comparison, with the year tion among some shareholders for added the previous loser of 1913, the last sormal year, a re-s reorganisation of the N.Y.E. in 1015 sad duosion of 1,975 prassger and" of management, while the Oasks 4.100,000 tons 600,000 tone in 1914. Thanks to 7.708,537 tons, or 38.48 per cent. Shosen Kaisha has been showing increases made in the rates, which Besides this superficial com marked activity of late. It Rave been successfully adopted, parison there are other intereeting has inaugurated services the recip's have not fallen in the features to be noted. If the purely South Africa and Americe, At the last commercial traffic of 1910 be taken and bas also opened lines same proportion. annual meeting it was susunod separately, and a deduction made in Obinese and South Seas waters. that an additional surtax of 500, of a proportion of Sets transports, Ae already mentioned, continues had just been put in force, and the figuree show 2.240 ships of the Kobe journal, the O.S. K, re- it was stated that, should this be tozuage of 8,831 534, AB com quested the Government to shifr found insufficient, no hesitation pared with 4980 ships and the sabeidy on the North Ameri- would be felt in imposing another 19.732,739 tons decrease of can line to other routes that have of the same character. Not only 50 26 per cent, as compared with been or are to be newly opened was this done, ss from October 5, 1913. This comparjeon requires by the company. It now con- 1916, but on January 1, 1917, a somo explanation because the 870 templates launching two projects third increase of the same amount ships and 3,693,783 tons of State when that request has been great- was made. The council had now shipping in 1916 consisted of imed by the Government. Ons is decided that fourth artex, portant commercial goods which said to be the opening of another amonating to 75 instead of 50, it is impossible to separate from South Seas route, and the other should be applied on 1st July the remainder. Indeed, ins great the withdrawal from the coset- next. This would amount to a number of cases thie trading ing service. It is said that total increase of 36 per cent, on appears rather to be increasing, the members of the manage- the per-war rates. The ancoessive and State commerce is taking the meat are already fully agreed increases have met with neither place of private trade. The as to the first project, bot obstacle nor opposition. This was decrease in the commercial trafic not as to the other, though early proof of what was eaid last year, in 1916 is not therefore really so agreement is also expected in this that the shareholders would reap marked as the above figures respect. It is prged that after the the benefit of the wins and liberal, would lead one to suppose. The war the Osaka Shosen Kaisha, policy which had always been net average tonnage of ships should specialise in ocean-going followed. In times of prosperity passing through the canal was in services in the interests of the they had agreed to heavy reduct 1916 3.963 tons, that is to say, nation as well as of itself. This ions of their dues in favour of about the same as 1913, which is opposed by a few members of their clients. Now the company was 3,940 tons. The number of the management, while others would withdraw these concessions, pangen made by ships in excess urge the advisability of retaining without exciting marmors, or of 10,000 remaine proportionately the company's coasting service in eren surprise. These increases, the same. The Franconis, of the name of a separate company to however, had not been sufficient the Canard Line, and the Ceramic, be newly establish by business to compensate for the decrease of of the White Star Line, were men closely connected with the traffic through the canal. The amongst the largest ships which 0.8.K. It is expected, however, receipts from special navigation passed through the canal, and that the specialisation in ocean- dare showed a deficit of come there enormous ressein accom-going services will get the upper 14,000,000; # compared with 'plished without any difficulty hand. those of 1915. The results of the whatever the passage. The in- current year, which had been 'creases in the transit dues ou
A firat fect of the recent ap- seriously considered when decid- April 1, 1916, and Oct. 5, 1916, pointment of Controller of Trane- ing the dividend which it was produced altogether B Bd portation is the issue of an Order proposed to distribute, show a ditional revenue of 5.923,000 requiring in fature that cattle new and profound decrease. The which reduced to 14,162,000f. booked fur trap-it fram Dablia to rathless submarine warfare which the reduction in the receipts Manchester are to be sent only by There still direct atomer service. Bitberto Germany declared, on February from thoes duse. t, 1917, was gadoebtedly the exists an uncertainty as to the many were booked from Dablia principal cause of this new immediate future of the traffic in vis Holybead through the London decline. The uncertainty of the the canal, and any prophecies and North-Western Railway, Co, immediate fature necessitated berson would be useless. The the journey being by sea from that they should be more then position after the war may be Dublin to Holyhead in the com- ever faithful to their customary regarded with confidence, for pany's hats, and from Holyhead rales of prudence. The council; after peace there is no doubt that to Manchester by train. therefore, proposed to distribute no soon se the coean. fontes transfer to the tracks thas in- only a total net dividend of 90f, become esfa again there will be volved at Holyhead as a source which only slightly exceeds the notable renewal of ebipping of additionsi Isboar, bat the actual profit for the year, and passing through the canal. If route was favoured by exporters will leave to be carried forward the figures of pre-war years are a more expeditions than direct an amount very similar to that not at once stained the cansi will
bipment. which is general'y of the previous year. For 1916 present, ravertheless, renewed subject to delay owing to the the total receipts amounted to activity. On the other hand, it tides. Pressure of circumstances, 89,044 2701, 83, showing in is to be hoped, that the mainten however, has made it necessary comparison with the total receipts ance of bigher tariffa over those for the railway company to mini for 1915 a decrease of 9,183,8221. in force at the outbreak of war miss labour at Holybead owing to 040. The decrease for the transit will facilitate a quick return to the large number of railwaymen does alone reached 13,473,7691, former prosperity. The report who have joined active service, 62c., but there as A competestdeale at some length with the and alea to economise tracks in ing sum of 4, 289,947 58., form- military operations in the view of other demande, li hos, ing an increase in the revonne Isthmus of Sarz, and points out therefore, besa found desirable to from other sources. The principal that the military situation there cortail pablie treffis so far as incrs166 was in the receipts from has improved considerably. The possible, and the transit of cattis
financial servios,
these directors offer no comments on the to Manchester from Dablia nas amounting to 4,135,886. 06. sabmarine war; none they say are been therefore prohibited over the rear needed. They had only to note the this route, and must in furore be The expenses for amounted to 34,565,714f, 23:,, facts, and among the most recent khówing thɗo sc increase of ie the unrestricted submaríne war- 2,535,7451 87c., se compared | fare, which, in the zones establish- with the previous year. This ed by the Central Powere, threat- increase arises partly from in- ens indiscriminately neutral ag creased establishment charger, to | well as Allied trafic. The outlet which is added 3,252,5001, form for traffic in the Mediterranean is ing the interest and winking fand in one of the zones where the of the five per cent, bonde issued | Austro-Germinne hope to prohibit in 1915. The increase in the | navigation-of all kinds. Hence price of materials has, on the the submarine warfare is a sort of other hand, been such that in spite declaration of war directed of all "economical forte as in-specially against the cabal. As crease of 1,151,015£ 192, has in the last report, mention "is taken place in the "working ex-again made of the devotion of the penses. Had not energetic efforts, which successive mobilise been made to reduce expenses in tions have so greatly reduced, sil branohee this increase would and of the splendid manner in have been still much greater. A which it has faced the trying jednotion of 2,000,000f. in the situation. In conclusion the ́ ́amount allowed for depreciation», directora meka special mention to and an almost complete absene the great loss which the company of costly contingencies in the ban sustained in the death while current year, 10gether with the on active service of the distin. satisfactory condition of the comzuished general secretary Kazime pany's material, jantiɓou fully s | Bertrand. The din ctors have reduction in the amount allotted, appointed in his place M. Barat, The ezœesave receipts over ex | who has already for many years penditure with the amonut rendered excellent service to the "brought forward
from 1915 company, Mr. Edward Roums amounts to 54,051,261£. 70%. liin' was elected to the Adminstrative
the
The
THE MERITS
OF THE
REMINGTON
TYPEWRITER
ARE AN
OPEN BOOK
The Machine itself is
like an Open Book. SEE HOW WELL BUILT IT IS ;
SEE HOW SIMPLE IT IS;
NO TANCLE OF INTRIGATE MECHANISM;
NO DUST OR DIRT POCKETS; .
A MASTERPIECE OF CONSTRUCTION;
A MASTERPIECE OF DESIGN.
MUSTARD & CO.
Sole Agents.
VISITING
THE HOME OF
PRIMO BEER
Stocked and sold by all Wine
& Spirit Merch'sts. Hotels
asid Clubs.
H. RUTTONJEE
& SON. Wine and Split Merchants,
& SELLERS; 'BA-SALES; B-BUYERS X-NOMINAL
OFFICIAL PRICES. BANKS.
H. K. & S. Banks b.
MARINE INSURANCES. Cantons
Sugars..
Kailans Langkats Raubs Tronohs Urais...
$29
BANKS.
BANK OF CANTON,
LIMITED.
KRAD OFFICE, HONGKONG
FOREIGN EXCHANGE and General Banking Transacted.
Business
INTEREST ON FIXED DEPOSITS:
BANQUE INDUSTRIELLE
DEKHINE.
行銀業實法中
Capital (Paid up), Franca 45,000,000
$575
$390
North Chinas
t. 140
Unions
$800
Yangtazes
n. ex 73 $19)
FIRE INSURANCES.
China Fires H.K. Fires
Q.
$133. $300
SHIPPING.
For 3 Months 3% per annum.
Douglases Steamboats
n.
Indos (Def.) Indos (Pret.) Shells Ferries
3.
F.
$85 $17 $89 $35
For 6 Months 4% per antum.
:
b.
108/6
.
REFINERIES.
For 12 Months 41% per annum LOOK POON SHAN;,
Chief Manager.
Malabons"
1. D. MINING
$92 ១.
.b..
40/-
B.
t. 14
$2,00
11
..:
25/6
11.
321-
Oriental Cons. b.
281-
DOCKS. WHARVES, GODOWNS, &C. H.K. Wharves 8. Kowloon Docks" n. S'hai Docks
$74
$ 1134 t. 76
LANDS, HOTELS AND BUILDINGS. Centrals
1.
H. K. Hotels
b.
$88 #971
Land Invest.
the
$85
H'phieys Est, b.
$6
'K'loon Lands
1.
$83
S'hai Lands
b.
t. 75
West Points b.
Reclamations
Jr
2
$74 $115
COTTON MILLS,
Ewos
8.
Kung Yiks 2.
€160 t, 15
S'hai Cottons b. Yangtazepoos
t. 127
1.
E. 5.75
Qrientals.
n.
1.36
Borneos.
MISCELLANEOUS.
China Light & P..
Providents
H. K. Ice Co., Ropes
(1/3 of the Capital subscribed by the
Government of the Chinese Republic.)
Chairman of the
Board of Directors Andre Berthelot General Manager
AJ. Peraotte
HEAD OFFICE:
24 Rue Saint Lazare, PARIS BRANCHES: PEKING. SHANGHAL, TIENTSIN HONGKONG, and SAIGON. BAKKERS.
In FRANCE: Société Générale pour favoriser le Développement du Com- merce et de l'Industrie en France. In LONDON: London County & West-
minster Bank, Ltd.
In NEW YORK: Redmond & Co. In ITALY: Banca Commerciale Italians. Telegraphic Adóttas: UHIBANKIND.
Interest allowed on Current Accounts and Fixed Deposits. Terma cu application. Every description of Barking and Exchange business transccted.
M. ROUET DE JOURNEL, Manager, HONGKONU BRANCH : Queen's Building.
Tel. No. 2952
3. Chater Road.
Hongkong, 20th August, 1917.
"NOTICES.
NOTICE.
PEAK TRAMWAY CO.
LIMITED,
BANKS HONGKONG & SHANGHAI
BANKING CORPORA
ENTION,-
Paid-up Capital ..... RESERVE FUNDS 1
Sterling
£1,500,000 at-2--
-$15,000,000 Silver $18,500,000
$33,500,000
Reserve Liability of
Proprietors...$15,000,000
·COURT OF DIRECTORS.
Hon, Mr. S. H: Dodwell;-bar. Hon. Mr. F. H. Hoyos-Denary Chakrasal Hon Mr.CE. Anton F. C. Entcher, 0. T. M. Falkins. Bec
Unbbay, Lana
E. V.D. Farr, Esq. W. L. Fattends Mega
A. li Compton, Ess.
URIEF NARLSEN Hongkong-N. J. Bali, Ing.
Shanghai-49. Stephes. Es London Banters-London Downey and
Warmiger, Limited
Hongkong-Interest Aliners +
Acute at the reer of 3 pat casi, UN VLIED DEPOSITE For 1 months, per cube, per aZERE For boothe. Nå per cret per Elinbu For it only per cell pop andre. N. J. STABE.
Ele Care wrote on the Cusly balance
Chief Managen
HONGKONG SAVINGS BANK'
THE BEST of the above Esak is condomed THE the HONGKONG AND SHANGHAI ZAZKIRI CORPORATION.
Rules may be obtained on applicatios INTEREST on deposits is allowed on tas imum monthly balances at 838 per our Depository may transfer, al ibuir opcion,
TR,
J.C
of $100 or more to the Hongkong and Shangha Brak 10 places of FREED DEPOSIT = 4 cent, per sblin.
・For the Hongkong and Shanghal Banking Corpor alos,
N. J. STABS,
"
Chief Manager,
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
lecorperated by Boyal Charter 134)
́EAD OFFICE-LOEDON PAID-UP CAFTALES, ROG, DES RESERVE FUND
KESERTE ABILITY OF
PROPRIETOR,100,st
FOREIGN EXCHANGE. 154 Genaral Anakkof
botines transacted. CURRENT ACLULEB opened and FIXE DEPOSITS received for 1 year or torter perioda, și entes which will be quoted of application:
T. C. DOWNING,
Minage! Hongkong. 11th April, 1912
THE-MERCANTILE BANK OF INDIA, LIMITED.
Head Office 15, Gracechurch:
Street, London.
Authorised Capital ......£1.500,00€ Scherribed
Paid Up
Reserve Fund
•
**
BANKEFR
1,125,006
562,500
600.000
The Bark of Explate."
• The Loedos Talat Stock Baar, Link 1df
BRANCH
n.
$1,60
#792
Dairy Farms
$28
Πο
Green Islands
b.
$7
H. K. Electrics
$ 4814
1.
$149
П
$26)
Steel Foundries b.
$10
Trams, Low Level sa.
$6,00
Trams, Peak, old a.
$9
Cat wise
Trams, Peak, new n.
cts, 50
Laundries
b..
$8
THAM 10 100
START 15 MIN.
LEO AM. SO
10.00
to Man.
Gaile
U. Waterboats b.
$18
18.00 4.
20
13,00
1 MAN
Watsons
$6
12,
Wm. Powells
E.
$6.50
LI
1. P.M.
Las 7.3, 10
1.K
10 MIN
Morning Posts n.
$29
16 MIN.
1.00 2.36:14
+.00 T.M.
10 M
ABP3
CORRECTED TO XOON FRIDAY
AUGUST 31, 1917,
BENJAMIN & POTTS.
Share and General Brokers,
Princes Building.
T/E .... Demand Ju d/B.
Tel. address: Broker.
.0 diɛ........
TIME TABLE.
11.30
11.425.0
'RIGST CARS.
+
15 MIN.
אנ1 10
16 M.
and 9 x 130 to
11.00 .at every half hour,
11. to 15.43 km.. every quarter of an hour; SUNDAYS:
20.00 AM. 21.40 6.3
11.00 Boo 100. 1.30.26
EVENT. MI
10 MIN.
+
ID MIN
16 M
#
10 MAX.
EIGHT CARE so so Week Days
SATURDAYS:
Bir Carai Midnight
UFICIAL CARB
Ex ArrangeIDeal ek hre Company's QElem. Alexandra skaddITER,
1.00 LL
19.303 10
11.30 10
EXCHANGE.
1.00 .30
LDP
10
SELLING
GPX 10
8.00 P.
3
3-38-
3/-32
31-76
T
Shanghai..
Nom.
T/T Singapore ...... 129
T/T Japan
140 Nam. Demand, India...... Nom. T/T San Francis-1
co & New York) Tr Java...49*2 TIT Marks
.726
172
Nom 4:20 4.2014.
4 m/s........
T/T India
T/T Francs. Demand, Paris
BUYING.
4 m/s. L/C..
4 m/s. D/P..
6 m/s. L/C
...... 3/116.
3/156 ....3/132
30 d/s. Sydney &
Melbourne...! 30 d/s. San Franc-
isco & Now Yorkf
4 m/s. Marks
Des Vorts Hand.
* Bason and penes cršata available for all
MAN SỰC Hiready(full versiune se dae Light, ketad bi kha Comapany's ume subjani lat pot for spri
ur, or he did
Cachet we?) h
| tepad, cutii pay wæti täưrreter. Las been novia
ky Bank Koins on by Clicquæ or Compradora. veeter vapenennting bank Nicolina
JOUNI HUZ PIOLSYR A NICE N
THE CHINA PROVIDENT. LOAN AND MORTGAGE CO, LTD.
(Capital Paid up...$1,250,000.)
3:194
7376
Loans GOODE
Nom
4 m/s, France ...... 434 6 m/s. Franca
Demand, Germany..
4.39
Demand, New York, 721⁄4
TIT Bombay
Demand, Bombay..."
NOAL
T/T Calcutta-
Demand, Calcutta... Nom. Demand, Manila
14454
Demand, Singapore. 129
On Haiphong........ 54% prem On Saigon ........ 5 prez On Bangkok. 5344 Sovereign.
6.50 Nom
Gold Leaf, per oz. 38,60 Bar Bilvor, per oz. 46
SUBSIDIARY COINS.
DISCOUNT PER $100: Chinese...,20 cts, pieces, 34 %dia. Chinese...10
Zdi. Hongkong 20 eta, pieces par. Hongkong 10
Mortgage of Honas Property; 26. Oud on Klozaqe. Advances mada un Merzbančia, Losos zonde vn the Providaul System,
*TBUITEK, RINCUTOR OF WILLS, ATTORNEY, Ma. Undariakes "and" Extenlad," Main Particulars on application) To the Office of SHEWAN, TOMES & CO... General Managers.
MARTIN'S
APIOL & STEEL PILLS
X Frames Bannedy Loral Dreamchevitšas.
Papa Mila. All Guessta and Stones at them
· MARTIN'S *
APIOL &STEEL
Bond17
r'olomb
Delki
Hoogkong
Howrah
Fancy
Por Loubs (Mscritas.)
Камсы
Koss Barr
Kuala Lump Kadra
Par
Rauzgoon
bangha
Eisgapore)
PONGKONG BRANCH.
·Every description of Backing and Larhangs business transacted.
+
Intereas allowed on Current Accountant par cont per ancak, ce Daily Balsaces, and op. Fiend Depone at rates which may be ascertained on applicatios
C. CHAMPEIF.
Acting Manager,
INTERNATIONAL BANKING
CORPORATION.
HEAD OFFICE:
15. Wall Et., New York.
LONDON OFFICE:
at, Biskopseste, EC.
CAPITAL & FURPLUSZ UK. 65,500,00% UNDIVIDED PROFIUSJ VE, $1,010,000
BOMBAY CALCUTTA CANTON CEBU. GOLOS HANKOW HONGKONG
KOBE
LONTON MAKIFA
US. $7,310,000
FAN FFORO
THE WAY DRIE,
MEDELLIN PANTO DOMOR
PANAVA PFKING.
PUERTO
PLATA.
FAX FRANCISCO
FANGHAI
RINGAPORE TIENTSIN
YOKOHAMA
PRAN HRS :- Themed ite close NATIONAL CITY BANK ON NEW YORK, with The
the Hank is able to offer the Services of the Breaches of sbat Institution is. Cal South America, and elsewhere bemely
BAHIA, BUENOS AIRES, GENDA, BAYANA, MONTEVIDEO, RIO KANTIAGO DE CURA, FANTOS,
DF LANEIRO PAUL, PETROGRAD VALPARAISO,
All kinds of FOREIGN & LOCAL BANKING BUSINFBS tranzacted.
CURRENT ACCOUNTS opened and FIXES DEPOSITS received at races to be asceralsač s application,
GEORGE HOCG,
Kaszec
Hongkong, 26th September, 1916
THE
YOKOHAMA SPECIE BANF,
LIMITED.
Established 1880. Authorised Capital Yer 48,000,000 Paid-up Capital... 36,400,000 Resers Fund... 27.300,000
to
Feed Office-YOKOHAMA.
Braneling and
Anuser-falan
7may
Calcutta
Changelon
Dairan
Fepaticas
Martin Bankow Honolula Kole TALO-Yang. Loudon
Lyone
Log Ange
Thisglax
zarna allowed on "Onttrens”. seniva lor fized periode at fater
an application,
Newchance
Ayolus Ton
FISHI ONO, Hongkong, 18th July. 1917
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