GENERAL
a
THE HONGKONG TELEGRAPH, FRIDAY, SEPTEMBER 21, 1917.
SHIPPING NEWS
which has been purchased here for about $94,000 She was built in 1898 11 Part Glasgow by Mecare. Russell and Co., and named last survey
10
may result from the examination,
Journal of Commerce.
waye, mostly of over 50 tons register, represent an estimated Ship Building In America.” total displacement of 100,000 Philadelphia's facilities will be augmented by are building 45,500 tons, at Ferrol shipbuilding tone. Toe three yards at Bilbao twenty-six new ship wars on the 10,900 tons, at Cadix 19,000 tone, Delaware River to speed the coa and at Cartagena 6,000 tons. traction of part of the fist of Six vereels recently completed and steel snd wooden ships with vine under construction by one of which Gen. Goetbale hopes to the leading shipbuilding com overcome the German submarine panies aggregate about 68,000 mensor. The commissioners tone. At the shipyards of Sentso, of navigation permission
have granted at Bilbao, recently enlarged to ter Shipbuilding Company to feet and employing from 1,900 to the Ches-occupy an area of 107,840 square erect twelve cradles for a new 2,000 men, a vessel of 18,000 tops plantat Bristol and to the Tray is being built for the Compensa lor Shipbaiding Company for Trasatlantics of Barcelous, end- Lent Cornwell. Two will be two ships of 4,500 tons each for added to the verd of the Chester the Altos Hornos of Visaya. The tions will all torn out small vesare increasing facilities so as to concern at Chester. The addi-yard of Corupes and Grjon self, the new plants at Cornwelle constract ships up to 7,000 tons. sno Bristrol being the first to be Several large sailing vessels and erreted north of the deep-water some small steamers were built at channel. At there plants the new Barcelone. A feature of the part ships will be launched sideways year was the increase in new sail- as in the ways on the Greating veerels; some were also pur- Laker.
been
AR
HONGKONG SHARE REPORT
6BELLERS; SA-BALES; B.BUYERS; N.-NOMINAL.
OFFICIAL PRICES. BANKS.
H: K. & S. Banks sa.
MARINE INSURANCES.
CantonsTM North Chinas Ilnions
Yangiszes
China Fires
FIRE INSURANCES.
H. K. Fires
BANKS.
BANK OF CANTON,
LIMITED.
HEAD OFFICE, HONGKONG
JOREIGN EXCHANGE and General Banking Business Fransacted.
INTEREST ON FIXED DEPOSITS:
BANKS
HONGKONG & SHANGHAI
BANKING - CORPORA.
ESTION,
Paid-up Capital
RESERVE FUNDS:
Sterling
£1,500,000 as 2i»
-$15,000,000"
Silver $18,500,000
Reserve · Liability of
Proprietors
$15,000.00$
$35 300,000
-$15.000.00 COURT OF DIRECTORS. .
Hon. M. 5. H; Dodwell, batremor, Bos. XL. P. H. Balroad-Ducute Chairman H. Mr. Aston, F. Cr Barcher, ag 0. T. M. Bakke__ Not E... D. Part, Esq. Partendon," logu:
Compton, Est
-33,50
*$820
t. 110
3.
$775
11.
b.
n ex-73 $191.
$132 $290
A
+4
SHIPPING.
Douglases Steamboats Indos (Def.) indos (Pref.) Shells
n.
$81
Tor 3 Month 3% per annum. For 6 Months 47% per annum.
$17
n.
$89
For 12 Months 41% per annum
1.
$35
1.
107/6
LOOK POON SHAN;
Ferries
$29
REFINERIES.
"
Sugars Malabona
10.
8,
$99
$99
MINING
bi
40-
2.
t. 14
$2,00
Kailans
| Langkats
Raubs Tronohs Urals
28-
32/-
n..
Oriental Cons. b.
281-
DOCKS, WHARVES, GODOWNS, &C. H. K. Wharves 8. Kowloon Docks b. Shai Docks
$73 $112 t. 70
.
LANDS, HOTELS AND BUILDINGS. Centrals
H. K. Hotels Land Invest. H'phreys Est. K'loon Lands S'hai Lands' West Points Reclamations
chased from foreign owners. The most important sequisition to the Spanish Merchant Marine was the aleamer Oceanic, bought by the Compsais Trasatlantics, rechris tened the Alfonso XIII., and placed in the Spanish-American Ewos
service.
1!
"
MISCELLANEOUS.
Chief Manager.
CMAX MANAGER.
Ghunghat G.Prephen, Lit Loades Bankers-Londoe CeLLEY DO Westshower, Zimited.,
Hongkong-famest Allowed •
On Curral Accounts at the rate of $ per ch
aawem on the dally balanes
ON FIND DEPCAITE,
For months, žå per caal, pa SILEN. Jor-6 mois, per ca pe Akazan For 18 Dia, 4 per ceaL DET ARBEN, N. J. STABB,
Chief Manage!
BANQUE INDUSTRIELLE HONGKONG SAVINGS BANK
DE CHINE.
行銀業實法中
Capital ( Paid up)...France 45,000,000 (1/3 of the Capital subscribed by the Goverment of the Chinese Republic.)
Chairman of the Board of Directora Andre Berthelot. General Manager · AJ. Pernotte.
HEAD OFFICE: "
7 Rue Saint Lacare, PARIS BRANCHES: PEKING, SHANGHAL TIENTSIN,, HONGKONG, and SAIGON.
BANKERS,
In FRANCE: Société Générale pour
favoriser le Développement du Com merce et de l'Industrie en Franco, I LONDON: London County & West-
minster Bank, Ltd.
In NEW YORK: Redmond & Co
Is ITALY: Banca Commerciale Italians. „Telegraphic Address: CHIBANKIND.
Interest allowed on Current Accounts and Fixed Deposits. Terms an application." Every description" of Banking and Exchange barine transacted.
M. ROUET DE JOURNEL, Manager. HONGKONG BRANCH; Queen's Building. Tel No. 2352
5. Chater Read. Hongkong, 20th August, 1917.
NOTICES,
До
$30
5.
$34
$88
n.
$6
n.
: € 39
5.
t. 74
b.
€78
$115
COTTON MILLS.
Kung Yiks S'hai Cottons n. Yangtszepoos Orientals
6.
П.
16)
t. 14 121.
T.
t. 4,93 t. 36
,!
$61 $4.50
1.
$74.
IT.
$23
Green Islands H. K. Electrics H. K. Ice Co., Ropes
D.
$6,75
D.
$48
D.
-- $142
$261
10 $5.90
· $9 cte. 90
T.CO 1
180 N. 107;
b.
8.
$3
$15
A.
$6
$6.50 $29
6.30 PM 10
n.
Boracos China Light & P.B.. Providents
Shipowners Sued for Cargo......... advantage of their own wrong, rewolygond 100 - Al Lloyd's stand that, generally "peaking,
Damage.
and, as counsel had pointed on, clasification. The addition to the Board of Customs and Basise In the King's Banoh Division, if their was an alleged watertigb3| Liverpool owned, toppage in the cannot in the direɑmetanca recently Mr. Jastics Bowlatt con- balkhead which was not water-steel barque Taveralyde, 1.576 described above accept responsi- claded the bearing of the motion tight the shipowers would have tons pet register, of Aberdeen, bility for any lows of damage tbst brought by Samas! Sanday and to pay for the damage. He had G., marchante, High-street, Hall, to consider whether the balance against the
Wet Hartlepool, of the damage dons in Na 3 hold
Spanish Shipbuilding, - Steam Navigation Co. Ltd. was done by the holes made by
The shipbuilding yards of Victoris terrace, West Hartlepool, the chafing boards or by the tops
at Esat Spain on both sides of the Penin in respect of damage osared to of the sounding pipen being anch London in September of last year, sela were satively engaged during cargo of wheat carried in the sa they were, and whether that standing at the highest olam in 1916 in the constraction of now defendants' ship the_Hendon was unseaworthiness. It was Lloyd's Register. Ber late owners vessels and enlarging facilition. Hall, from Montreal to Hall. The rather a nice question, but when were Messrs. G. Milse and Co., The merchant ships now on the plaintiffs were the bill of lading the size of the holes were | of Aberdeen. bolders, and ther alleged by their considered; together with the statement of claim that the water which
got down, it found that the boles damage to the cargo was caused | was by defects in the ships that she must have been submerged was not ressonably fit to carry from six to seven hour. He was the cargo, and was uneesworthy, bound to way that it was Try It was alleged in particular thst difficult to him to see that, how the sounding pipes in Nas. 3 and ever had the weather was within 4 holds were defective, and the 12 or 14 hours stated in the permitted water to enter, and evidence, there was a fool of also that cartain of the chafing water over these holes for some "planks were improperly fastened. six or seven hours. If the water The defendants denied liability, bad come down through the hole and said that the damage was made by the chafiug board be caused by perils of the sea, very found it difficult to believe that heavy weather being experienced the damage would have extended during the voyage. Mr. D. C. bigh as it did in both Ne. 3 Lick, KC., and Mr. Afeo Neilson and in No. 4 hold, as the water represented the plaintiffs sad Mr. would have been checked in No. Mackinnon, KC, and Mr. 3. At the top of the pipe is Kennedy were for the defendants. swelled out with a knot which Evidence having been called for was at the rim of the pipe, and the defendants case as to the in which was placed a plug. He steamer had no doubt that under ordinary seaworthiness of the Hendon Hall,
Mr. Justice conditions the firing was all Rowlett, in delivering judgment, right, but the ship was rep said it had been enggested by the with moving water from side to plaintiffs that the fixing of the side, and the top of the pipe chafing board in the deck on the cented over at an angle, the rash port side constituted unse of water tending to draw the plog Shipplag Companies and worthinese. It was not a solid out of the hole. It was, shown
Customs Damage, board lying over all its length on in evidence that the officers had
Sir Clement Kinloch Cooke, in the deck and bolted to the deck, lashed a piece of canvas round the House of Commone recently bat board which was lifted the pipe, and it was obvious that asked the President of the Board up on chocke with an interval this would open out from time to of Trade whether he ie aware that! of 18 inches between them, and time andistin water. Why had the as a result of the Government bolts were fixed in position by officers put the canvas round the order compelling exportere so American Shipping Control. mene of a screw knotted on the pipe? It was the most eloquent make known to the Castoms Plans for taking over for opera. under side. Dating the voyage thing in the whole case, and the authorities the contente of cascation all American ocean-going the ees obviously got under this step was obviously taken as a seat for consignment the cases merchant ships are scop to be shifting board, forcing it up and precaution. Therefore, he thought are often opened wad part of the announced by the Shipping Board. carrying away the bolts. The first it quite probable that the water contents stolen that this bas Charters will be requisitioned question be bad to ask himself had gone in through the pipe. happened recently in regard to sander a recent set of Congress Dairy Farms wis whether that fixing constitute this going on for some eight or case containing stylographic pens authorizing the President to com- ed ansesworthiness in regard to nine days, whereas the other ex where the case was sabar quently mandeer innage for Gwernment ths cargo which was stored implanation was only confined to a refastened, and looked mediately underneath the boles fow hours. He had, therefore, it had not
if area. The programme je pre which were made in the deck by come to the conclusion that the and as a consequences clear tion an agreement between the opened, liminary to putting into opers the bolts being carried away, water had got in through the receipt was given by the can-American and British Govern- The bolts in this case, were notebunding pipes, and that that was signes, that the shipping comments for joint control of the screwed in, and Mr. Look, for the unsenworthiness se regarded the
papice are legally protected world's shipping. It will give That being so, judgment against claims for damages by the the Shipping Board control of plaintiffs, said that having regard | carge. to the mounting of the chafing for damages in respect to 320 giving of a clear receipt, and by ocean freight rates charged by board above the deck the cargo quarters of the wheat would be the fact that such care are not American ship, and a rate benia was exposed to rieka by the awarded to the plaintiff). opened until the vessel by which 10 being worked out will be bilt being pat into the deck). Sailing Ship Revival.
they were consigned has left the need for arranging an interns. in this way, and that thie The inercseing difficulties of constituted prees worthiness. shipping transport, owing to the part of arrival, end what redrem tional rate schedule. The cost the Government propose to give sim in commandeering canters Everybody egreed that a board of serious depletional steam tonnage: importers who acffer loss of this is to get more ships into tran this kind was more liable to be have had an unexpected eff c in kind? Sr Albert Stanley-sethentic service, many American carried away than one efficiently severs! directions, but in noce am informed by the Commission-constwire vessels and abipe now fastened, but even the plaintiff more so than in the revival of era of Customs and Excise that engaged in the Pacific and South Witnesses did not like to say that sail tonnage in mapy trades their off are have s thie was Queraworthinese, and where each had been entirely and, right to ersmine all goods intend to transsilvatic
statory American trade will be diverted. upon the whole it seemed to him 18 8 genersily thought, per-ed for exportation, and that the places will be taken to a large that it was not eo. The fixing manently eliminated. The plac exercis
of this right might have been bettered, but he ing of sail tonnage on the berth,
iextent by neutral abipe and by. an essental part of the machinery Jipeness tonnage. The plan is to if there was such a fixing the Liverpool (says the Journal of probibition. The law imposesofer advisable, let the ship itself was not prepared to say that for instance, such as ruled from for
ecforcing the export commandeer charters and, wher veeral ought not to have been sent | Commerce) in the Colonies only a to 893. The other question was few years ago, bad gans for ever; the duty of opening and repack Goverment charter. In this way. on the exporter or his agent be of e ated by its owner under s whether there was unses wor- in fact, the berthing of eail toning the packages selected for the Government will directopers. rbiness in respect to the cavernage in any port would, just examination. The Customs offix: tions and specify services in which ings of the sounding pipes. There prior to the outbreak of war, have does no more then examine the ships abell ply, and, at the same wes a sounding pipe which went been regarded as an anomaly, but contents is the presence of the time, avoid expenditure of the down into the bilge in both No. the largely increased trade be-
exporter or hin ageale.g.. a virt sum of money that would be 3 and No. 4 bolds, and if water tween North and South America
representative forced got down there in any quantity bas
shippers
of the barbour required if the halls themselves back
authorities "or the shipping com- were taken over. Wherever opera the damage complained of might to this old-time wenner have been produced. It was of
and
pany. If particolare of the case tora fail to carry out the Shipping transport, found that under the 'space where old British shipe now selling no-
man the hon. member bag in mind are Bard's regulations, charters will the board had been torn away der the Norwegian dag have been inquired into, but he will ander others.
sent to mr, I will have the be taken from them and given to there was a "column" of damage impressed into this trade, which extending through the cirge, has been paying the very re- Tant was in No. 3 hold, and the munerativa rates of about £8 to damage also extended to the same £8 10s per tor, New York to the Iovel in No. 4 hold, the plaintiffs Argentine. Consequently the saying that this damage was prime values of all such tonnage" caused by the holes made by the bas materially increased, and lifting of the chafog board. It sales have been reported done ra was also proved in the evidencecently at as high as about "£14 thai there was a hole in the water.per net register ton againet aboai tight bulkboad about 15 inches £12. 10 best done in 1910 and £7 from the bottom, this not being in 1915, Liverpool sailing ship found out when the vrasel was at tonnage is gradually decressing, Qabce, though the bilges were 68 already reported, but the last looked at carefully.. If this hole two transactions in sailing vessels. wartbere it would have contribut.balance one another in this re ́ed a liability on the ship, sinos if spect, being a sale of one Liver- there had not been a hold in the pool vresel against the purchase waerlight bulkhead the water by Liverpool ownera of would not have got into No. 4 Aberdeen roseal. The Liver bold. The only answer to that pool vessel sold in the four-maated by the shipowner was that it was steel barque Howth, 2,1:8 tons true that the wheat in Ne, 4] aet register, ez Henry Edmonds, hold had been damaged which bas gone to London bayers by the hole in the backhead, for about £29,000. She was own- but that if it had not been for the ed in Liverpool by Mosera. G. whole in the balkhead the damage Windrem and Go,, and was built gia No. 3 hold would have beinin 1892 by Messrs. Workman, wome. He did not think that Clark and Co. Ltd., at Belfast, the ship could rely upon this and passed a special survey April, reasoning, sa it meant taking 1915, at 'this port, when she
60
rans. Their
VISITING
THE HOME OF
PRIMO BEER
Istocked and sold by all Wine
& Spirit Merchants, Hotels
and Clubs, H, RUTTONJEE
& "SON. Wine and Bpiris Merchant.
Steel Foundries n. Trams, Low Level n. Trams, Peak, old a Trams, Peak, new n Laundries
U. Waterboals. Watsons Way Powells
Morning Posts p
CORRECTED TO NOON FRIDAY SEPTEMBER 21, 1817,
| BENJAMIN & POTTS,
Share and General Brokers.
Princes Building.
TIT... Demand
30 d/s.
Tel. address: Broker.
"EXCHANGE.
SELLING.
3/274 3'3
3316
60 d/a...
3/314
4 m/s.....
3/336
TIT Shanghai T/T Singapore
Nom.
1373%
15256
Nom.
Nom.
7734
TIT Japan T/T India Demand, India T/T San Francis-] co & New York/ / Java. 183 T/T Marks...... Nom T/T Francs...................... 4.4811⁄2. Demand, Paris 449
BUYING.
4 m/s. L/C.... 4 m/s. D/P..
3/416 3/4
6 m/s. L/0........ 8/454 30 dis. Eydney 344
& Melbourne.............
30 d/s. San Franc-1 isco &NewYork. 4 m/s. Marke
7814
******
Nom 4 min. France...... 4.6516 & male, France .... 47016 | Demand, Germany..
Demand, New York, 7734 TT Bombay
Demand, Bombay... Non. TT Calcutta.......... Demand, Calcutta... Nom. Demand, Manila 15414 Demand, Singapore. 13731⁄2
On faiphong...min 19 DRI On Baigon Benne
42% prem On Bangkok.....
......... 47 Sororeign i ..... 6,05 Gold Leaf, per oz...' 44.40 Bar Bilver, perpz... 54
Nom
SUBSIDIARY COINS.
DISCOUNT PER $100, Chinese...20 eta, pieces 3% dis,- .blaese...10.
3% dis Hongkong 20 cte, pieces per. Hongkong 10
NOTICE.
PEAK TRAMWAY.CO.
LIMITED.
TIME TABLE.
13.30 AM 10‘ 15.4. To 1.16.M. C
4.00. 100 25.00 AM 1840P.M.
TEE Besides of the abori Zank le conducant i the HONGKONG AND SHANGHAI SINKING CORPORATION. Rates may be obtained on application
INTEREST deposits if showed on the sale Imam monthly balanem at 83) per czas, per aADI. Depositor muy trancsaf, at their optics, balance. of 100 or more so the Hongkong and Shangha Bank to be placed we FXD DE PORT = 4 CRAL per abhum.
For the Hongkong and Rhanghai Banking Corpor tion.
N..J. STABB,
Chief Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA
Incorporated by Royal Charter tha
MEAD OFFICE – LONDON FAID-UP CAPITAL-ImpqDa RESERVE FORD.
RESERVE LANDLITY OF
PROPRIETORS
coat!
FOREIGN „EXCHARGE, 2nd Gesoral ent basin taxačtað. CUAERST ACCOUNTY upened and FIXES DEPOSITS received for 7 year or sorter periods, d' rates which will be quoted on application.
T. C. LOWNING,
Manage Hongkong, 11th April, 1912,
THE MERCANTILE BANK OJ INDIA, LIMITED.
Head Office 15, Gracechurch
Street, London.","
Authorized Capital .....£1,500,000 Antrerited
Fair
Reserve Fund
-BANKERE
1.325,000
SE2,500
600.000
The Fark of England Te Lendon Folay Stock Eaz), Limit sät BRANCHET
Babay
scerta
Co'omb
ETEXT-28 IN.
nefai
10 MIN.
Grailo
Haugkong
10 Max
RIE P.M
10 м
4.00 .M
IN MAN
100 NIGHT CARS
AM P.X Nid +x 30
11.09 rằm miery Laid Rowe,
· 1100 130 10 13.15 p.m. svery quarter of an hour. SUNDAY:
1.00 AN.
MALL MAX. 14
LUM 10 1800 Beon sai
10. AM. Eva 1 NI
1100 Nood
1. P.K 1.50 1.1.
4.00 ..
LP 10 £.3. P.M
.0 BEN
le
10 MIN
JO MO
для м HEGUT CANR as du Week Daja
SATURDAYK: -
Kata Cum MidKzgia. SPECIAL CAEN
By Arrangement at the Comimny's DX146, Alezanira Buildings.
DM Voet Hoed
-Seo and ranch Bebeta available for al?^? mes nos sirnady frail, reunifug ai tha Dinga malad in the Compangle time tables, but not for specia barn, can be chimited on application at Che Company's Office seÑaj besede ticket will be Leed until paymen: dåserelor lima tamu SMĒM in Bank Notes or by Chojite or Cupajıradər m ander rapenarsing Bank Kacam
JOHN D. KUNIHBKYB & CON
THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1.250,000.) Laba on Mortgage if Bo..so Property, de. Booda TeoKivad on Storage,
Advanes made no Merobaudias. .. Loans trade sy, the Ironidaza System.
TRUSTER, KIKOUTOR OF WILLA, ATTOKKRI, én. Undmeiakan And Ezenled (as Particalars on appilation) To the Office of SHEWAN, TOMES & CO.,
General Managers.
MARTIN'S
APIOLASTEEL
SEKSEPILLS
Sega's Pochate to link der the da·
sion of any Ärywaniarup of La Bystars & fa Lonity Cený may be parandadatok TiqueVi
We then peresmand Boom, boman Manis acade“ tena mda. Kil Cumatate and moren mati kamu. andhanta Ward, or you down hin MARZIN, dāvanas, komikasvien Bag
MARTIN'S
SAPIOL&STEEL
Howzab
Kandy
Port Louts (Mauritias,)
Karach
Kota Bhara
Kala Lump Madra Penang
Rangoor
+bas ghal
Singaport..
HONGKONG BRANCH. Every description of Banking ant Exchang business transacted.
Interest allowed on Current Accounts at a par s per steam on Daily Balances, and on Find Deppsk at rates wiich may be ascertained on application
C. CHAMPKIN,
Acting Manager,
INTERNATIONAL BANKING
CORPORATION,
BEAD OFFICE:
Wall New York
LONDON OFFICE:
26, Bishoparare, I.C CAPITAL & SUBPLUS 0.8. $5,500,001 UNDIVIDED PROFITS DE, $1,348,00
PONBAY
BRANCHES
LONDON
CALCUTTA MANILA CANTON
CEBU.
COLON
HANKOW
MEDELLIN
PANAMA
PERING.
PUERTO
HONGKONG PLATA.
"
C.S. 17,48,000
SAN PEDRO
DE
DOMIMET SAN FRANCISCO
RANTO BAY CRIN
SHANGHAI BINGAPORE
KOBE
TIKATSIN YOKOHAMA Thenne its risaatios
with Tibe NATIONAL CITY BANK OF REW YORK, the Bank, is able to oes De Services of thi Branches of stui fotiterion in Cat Sorth Americe, and elsewhere, namsive
BAHIA, BUENOS AIRES, GENOA, HAJAMA MONTEVIDEO. 10 DE JAFZIRO SANTIAGO DE CUBA SANTOS, PAUL, PETROGRAD VALPARAISO,
All kinds of FOREIGN & LOCAL ZANKINI BUSINESS Arsaciat,
CURRENT ACCOUNTS opened and Fix21 DEPOSITS received at inces to be ascertained at application.
GEORGE HOGG,
kiszager.
Hongkong, 26th September, 1916
THE
YOKOHAMA SPECIE BANY,
LIMITED.
Established 1880. Authorised Capital Yen 48.000.000 Paid-up Capital Reserve Fund........co.
19
36,000,000 22.100,000
Head Office-YOKOHAMA
Frauclice And
Autung-Hades
Ty
Calcutie
Chragobuu
DUFER
Fordon
H
Hatkow
Honolulu Kobe Láno-Tang Lender Ly
Log Angulos
Tangdas
Latin
Wowwhwang New York.
Padding
Byotum (Por Artbor
Bhangha Bydney
Makling
Telesk
Tokyo
Tathanta
atarest allawod on Current Accounts. Deposit received for zod periods at ratce to b... obális so appliostion.
BISHI ONO, Managey Hongkong, 11th September, 1917.