COMMERCIAL NEWS.
Japan's Customs Receipts, Thekspinata. Customs es vanus for Augustsmonateta Y3,788,390. As compared with 19,980,544 for the same period of last year thin sbows a gain of 1798 248. The revenus since the year opened amounts to Y16,314,400, which in 2,814,580 more than the revenue (Y13,499,820) for the correspond. ing period of last year.
US. Cotton Crop..
The total value of the United Staten cotton crop, including seed, for the year ended July 31 wan 3. $1,412,880,035,compared with $958,280,000,last year, according to the annual report of Mr. Kester, Wecretary of the New Orleans Cot
on Exchange. Prices were the highest for 47 years, middling - averaging 18.41 cento, a pound. Louisiana's crop was reported se 496,000 bales, Mississippi's 824,- and Florida'a 60,000.
Gold for Japan,
The Yokohama Specie Bank has obtained a licenes from the United States Government for the exportation of American gold to Japan, saya sa officia! despatch received at Tokyo recently. The Tokohama Specis Bank in San Francisco has been applying to jhe United States Government for such a licence, which bas now been granted on the ground that the exportation of gold to the 'Yokohama Specie Bank will be purely for a commeroisi purpose.
*
Japan's Specie Holdings. Japan's #peose holding amount ad to Y975,000,000 on August 30, and to Y1,004,000,000 on the. 15, alt. Of this smount the sam of Y310,000,000 belongs to the Government and Y694,000,000. to the Bank of Japan.As.com- pared with August 80th the former showe decrease of "Y4,000,000, while the latter abows
gain of Y33,000,000. The sum of ¥458,000,000 is held here and 17548,000,000 abroad. The former shown' «'gain of Y33,000,000 and the latter, a decrease of
,000,000.
Machloery for Belgium.
It was anounced recently that large orders would be placed soon for railroad equipment, argricul taral implements and machinery for Belgium, calling for the ex penditure of $100,000,000. The Barrimon interests, controlling the Chester Shipbuilding Com pany and the Merchants' Ship building Corporation, now build- ing wayn at Bristol, Pa., are to: construct forly cargo boats for the Emergency Flest Corporation and expect orders for forty more boats moor. The steel for all these hosts will be farniabed on Go verament contracte,
Expected Ban on Coal;
As already mentioned, repres- entatives of trade and industry in Nagoya memorialised the Govern meat on the desirability of the export of coal being prohibited so a means of keeping down prices. It seems that irrespective of this memorial, the Government had taken in hand preliminary in vestigations with a rew to apply. ing the same measure as that adopted a few days ago with regard to the export to paper, pulp, and fertilisers. The heavy advance in the price of coal is dos to varions reasons, ench as increased domest- ic demand and an unsatisfactory condition of transport service co land and along the coast, but one of the greatest osuses responsible in believed to be exports to Bouth Chins, the South Beas and Indie, which have undergone a marked increase of late. It is therefore considered advisable to restrial exporta me a cassou of regulating prices. It is said that since the Government is making the preli- minary arrangements with special dispatch, the expected export remriolion will be shortly an-
-Scarcity of Subsidiary Coins,
Small coins are getting 80 scares in Manchuria that the
South Manchuria Railway Co.
has adopted the scheme of paying termployees in even yen amounts only.
Odd amounts, fractions of Jen, are withheld in deposit to
the edit of the employes, are allowed to commulets for SIT * and are then paid, odd
being withhold
THE HONGKONG TELEGRAPH, THURSDAY, OCTOBER 4, 1917.
OUR DAY
+
18th OCTOBER 1917.
DRAWING OF WAR BONDS
LANE, CRAWFORD & CO.
WILL PRESENT
FREE
ONE TICKET
FOR EVERY $20.00
WORTH OF GOODS
PURCHASED IN THEIR STORE
(SHIP CHANDLERY DEPT. EXCEPTED)
FOR CASH ONLY
FROM SEPTEMBER 26 TO OCTOBER 16.-
LANE, CRAWFORD & CO.
the
EFFICIENT BRITISH
TRAINING.
"An American Appreciation.
word which is being instilled into the British youth with all be force at the command of bis superiore..
TOLD BY WIRELESS.
A U-Boat facident.
An Atlantic Port, August 22.
"We are training our men to believe in themselver," said the General commanding the school. A succemion of wireless calls, tell- Each must not only faing the story of a ses tragedy of which an unknown steamship was equipped A place in England" eye that he
A correspondent of the New York Evening Fost, writing from
is better
A representative of the Associated physically and mentally than bie the victim ofalierman submarine, Plem, who was permitted to visit satagonist, bot be must be able are recorded in the log of a neutral a great training school as the to demonstrate it. That in the Tesel which arrived here recently goect of the Foreign Office, lesson we base learned from the obtained an insight to the re-World War." markable change brought about
fromaScandinavian port. The calls were recorded while the nentral Tommel was passing close to the As the average Britisker inish cost on her way to this port, in the British viewpoint daring naturally a sporteman, his games and begin with the international
are being made
to play ang. O. 8.," followed by the mes The British not only are putt-important part in ble training.
faiges **** ing forth all their energy in fart In shooting, bombing, and all the her perfecting their fighting various arts of warfare, these are submarine." forces, but are actually and proving invaluable to him. earnestly devoting themselves to
the past three years.
›
We are being chased by a
Ten minutes later, the log reade, "I have been very much im-the following was beard :~~-~ the development of their youth in pressed with the fact that most a manner onlculated to fit them men who are prominent in our shelled."
"Harry sesistance, we are being for eventualities which may arise games distinguish themselves si the front," declared the General, in the years to come.
If the German cherished the "They are keen, thoughtful, and idea of eliminating Britain a clear-sighted, and, for that reason, a world Power, Britain, it is mid, become the best fighters." far from being beaten, now staƐ
ara
lows, then the entry-
A lapse of fifteen minutes fol-
"Ship is on fire and sinking, captain ordered men to lifeboats." Unlike the armies of other final message through the air:
Five minutes later comes the with a clearer vision than ever belligerente, the British are
"We are done for,” giving also before and is perparing to turn discarding what
termed the position of the ship, the scales against her adverary in weapons of frightfulness and in- . The neatral vessel; forbidden Bach a way as they may never atracting their young manhood in by regulations to go to the resone, the use of what they are pleased relayed the call and in about again swing back.
While statesmen are being to call the "three B'"-the bullet, twenty minutes picked up a radio made or unmade with the chang the bayonet, and the bomb.
from an American destroyer read- ing fortunes of war, the great "Experience has shown as that silent forces of a nation proud of the rifle and bayonet are the best its traditions and thoroughly defensive weapons with which to aroused
ita own, short-arm," "szerted one cfficial. "Il comings are constantly merch he has the proper physical and ing, in a
almost endises mental training and knowe how may return to the front and chain, from training schools to to handle bis rifl^and his bayonet, instract their respective units. In battle fronts and "back again; he is certainly the match, if not this way, the British ärgas, their Stratabad
many miles the, superior, of his adversary." men never become “! stale,” and · of rolling hilla, carpeted with] With a single sye to their task, are ever fit and ready for any em- green foliage, is the school where the British have established ergency.
to
Over
→
ing
Will reach you in one hour.”
in hundreds of thousands of elaborate systema of trencher The meessge the Britisk would British youths are being taught to wherein the young men are impart to their Amarcan allice master, themselves, se one of their taught every conceivable method was summarised me follows: egy instructors expressed it," so that of present-day warfare. Young Train your young men to be they be better prepared to masterficers and others recommended physically and their enemy and live their lines for premation, are regularly train them
sa they would livá them.”zy brought back from the front selves—maka
“Use your Keya" and "your for intensive training of from sen, the modern i
* in the new British watch to twenty dove, so that they will be mad
HONGKONG SHARE REPORT.
-SELLERS; SA-SALES; B-BUYERS; N.-NOMINAL.
OFFICIAL PRICES. BANKS.
H. K. & S. Banka sa, & b. $610.-
MARINE INSURANCES.
H.K. Fires
Douglases
BANKS:
BANK OF CANTON,
LIMITED.
HEAD OFFICE, HONGKONG
· FOREIGN EXCHANGE and General Banking Business Fransacted.
Cantona
$520
North Chinas
tfnions
$770
Yangtszes
ex 75 $19
FIRE INSURANCES.
China Fires
1.
D
15) #290
SHIPPING.
b. Steamboats b. Indos (Det.). ludos (Pref.)
$7.3 $17
b. & za. $33
1.
$35
INTEREST ON FIXED DEPOSITS:
For 3 Months 3% per annum.
For 6 Months 47%, per annum. For 12 Months 43% per annum LOOK POON SHAN;
Chief Manager,
Shells Ferries
107/6
6.
$29.
REFINERIES.
Sugars
Malabons
B
382 $29
MINING
Kailans
b.
Langkats
t. 121
Raubs
B.
$2,60
Tronobs
4.
28/-
Urals
2.
821-
Oriental Cous. b.
DOCKS, WHARVES, GODOWNS, &C. · ́` H. K. Wharves 88 Kowloon Docks. 8a. S'hai Docks b.
S'hal CottonS
401-
281-
BANQUE INDUSTRIELLE
F
DE HINE
行銀業實法中
Capital (Paid up)...France 45,000,000 (1/3 of the Capital subscribed by the Geveramast of the Chinese Republ.)
Chairman of the
Board of Directors Andre Berthelst. General Manager A. J. Fernotje.
HEAD OFFICE:
574 Rue Saint Lacare, PARIS
BRANCHES:
PEKING, SHANGHAL TIENTSIN HONGKONG, and SAIGON, BANKERS,
pour
Is FRANCE: Société Général
favoriser le Développement du Coma- merce et de l'Industrie en France. In LONDON: London County & Wext=
minster Bank, Ltd.
In NEW YORK: Redmond & Co. In ITALY: Banca Commerciale Italians. Taingraphic Address: CHIBANKIND.
Interest sllowed on Current Accounts and Fixed Deposits, Terms on application. Every [descriptica of Banking and Exchange bosiness Transacted.
M. ROUET DE JOURNEL, Manager. HONGKONG BRANCH: Queen's Building.
Tel. No. 2352
5. Chater Road,
Hongkong, 20th August, 1917..
$83 $115 # t 72
LANDS, HOTELS AND BUILDINGS. Centrals
b.
$89
H. K. Hotels
S.
$94
Land Invest...
12.
88
H'plu eys Est.
$6
K'loon Lands
$50
S'hai Lands West Points Reclamations 1.
5.
n.
t..74
$85 $115
COTTON, MILLS:
Ewos
22.
t, 255
Kung Yiks **
b.
t. 1434
b.
t. 114.
Yangtszepoos
b
*t. 5,50
Orientals
⚫t: 36
Borneos.
13.
$61 84,50
$714
$21
b.
€7.10
IL
148
H. K. Ice Co.,
IL
$149
Ropes
D.
$26
TIME TABLE
Steel Foundries
$10
Trams, Low Level sa..
$6
1
VERT 16 Ma
5.00 ... 20
10.00 A.
IO MEN.
Trams, Peak, old s. Trams,Peak, new s. Laundries b.
#81
11.00.
16 MER
cts. 90
IMPAL. 10
88
1.46 F.3. 10
$19
BIG PIG.
Watsons
#6
Wm. Powells Morning Posts
'S,
B.
$6,60
n.
$29
**
MISCELLANEOUS.
China Light & P... Providents
Dairy Farms Green Islanda
H, K. Electrics
U. Waterboats n.
GORRECTED TO HOON THURSDAY
OCTOBER 4, 1917,
BENJAMIN & POTTS.
Share and General, Brokers,
Princes Building.
Tel address: Broker.
UNCLAIMED TELEGRAMS.
The Great Northern Telegraph Company, Ltd.
Ab Foo Yun Tong, from Cavite, Manila.
Tuckchong, from Kobe. Silve, Korea Maru. from Shanghai.
T. E KRING. Act. Superintendent. Hongkong, Sept. 27, 1917.
Eastern Extension, Australasi
& China Telegraph Co.
NOTICES,
NOTICE.
PEAK TRAMWAY CO.
LIMITED.
11.00.
1.4 ..
1.157.1
1.00 5.36
1.00 ..
HIGHT CARE.
ID MIN
18 M
10 MEN
10 ..
SER EX. `ADÓ # PAL 1.30 La
1960 r.K. Stary ball host. 15:50 PM 40 11.68FX ATHY quariat of an hour."
BUNDAYS:
KAT 18 MIN.
10 M
21. AM. 60
19.30 A.M. 11.00 4.6
·lass Bonu
16 M.
10 340
6.30 PM.
13 M.
LOG.
10 MIL
1 м.
10 MIN.
HIGIT CASH sa en Week Days.
SATURDAYS:
Mens One at Midnight
SPECIAL CARE
My Arrangeröaut at the Company's Offian, Alexandra. Hufldings.
D44 VORE RO
* Basses and panob tinketa avaliable for a Más not already fuli, amuning at the time stated In this Company's time tables, but not for upusta). wers, man, he öktained on application at the
Company Odios :---No-Banaopčickas will
1 mil payment theraine, Bas been made * Bank Mom or by Chaqte_or Compradora Parker zoorosoɛilar Bank Notes "
JOEN D. HUMPHREYS & CO.%2
t:
THE CHINA PROVIDENT LOAN AND MORTGAGE CO, LTD.
(Capital Paid up...$1,250,000.)
Lasa ca Mortengo of Rocks Proparky, he, ́tapete cosetrell on Storage.
LAMINOI Made on Marchandise. TARN TAGE WR the Provident Syskont, ·
ATAUSTEK, EXECUTOR OF 'WILLS. AUTORIDIT, 46. Undictajes and Summalat,
Chunsing, from Sandakan. Gincheong, from Fopchow. Hildreth, from Saigon. Hocksanghin, from Semarang. (Radosnat Pariimtiars'on apgilonason) - Homyashi Watanale, from Thursday Island.
Kingleeyuan, from ShanghaÍ, Kwongsikloong, from Puket, Kyanmoshin clo .Fookyee Winglok St., from Mandalay,
Laiszches Poonkaw, from Pen-
ang.
+
Senghrngbong, from Chefoo. Bikke Cheapgrick, from Calcutta.
Singlichos, from Borrabain, Santos Sanches Catalino clo Rikr Maru (2), from Manila,
Tonportal, fram Haiphong." White Hedley, from Bangkok, Wingshun, from Penang, Tootsi, c/o Kwanshunchan from Nawahwang.
Hon
To the Diles of
SHEWAN, TOMES & CO.;
General Mangoera.
MARTIN
BANKS
HONGKONG & SHANGHAI BANKING CORPORA
Paid-up Capitai
RESERVE FUNDS 1
Sterling
-£1,500,000 at: 24
$15,000,000
Silver 18,300,000,
1 133 500,00€
Reserve Liability of
Proprietors....$15,000,000
- COURT OF DIRECTORS Hes. M. J. E. Dodwell Chalmer How. Ne. T. Harospery Obalrati Hoa Mr. E Anton F. C. Betcher,
M. Zdairy EV. D. Fr,
W. Fattendan, Rot-
9.
A. H Comption, “Ex
UKLEY MANadka Bengkong. J. Stabb, Bay.
MANAGER
Shanghai G. Stephen, Ess London Bapka-London CoopEY REG Wasimiawer Bank Limited.
r』
Hongkong-interest Allowed i
De Carract Accounts at the rate of Si pe sent per
Mnem on the daily balance
ON FIXED DEPOSITI
For 1 months, 34 per cent, per acous For the Hij per cent, pO BULBIM For ip montem, par cest, per BNDES. N. J. STABE.
Chief Manar 1.
HONGKONG SAVINGS BANK.
TAX Bestes of the above Xask is concECT" the HONGKONG AND SHANGHAI BAXING
... CORPORATION,
Reiss may be obtained on applic
INTEREST o deposita is allowed,pe the mis Southly balances at $5} for cost per ANDUM, Depositors way transfer, at the option balanses of $100 or more to the Hoogkong and laughi Bank to be placed on FIXED DEPOSIT &
CREL Pers.
Blow
For the Hongkong and Khangbai Mukrz Corpora
N. J. STABE
Chief Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
Incorporated by Royal Charter Dg
HEAD OFFICE —LOSTONI
PAID-UP CAPITAL
RESERVE FUND
RESERVE LIABILITY OF
"
PROPRIETOEX.
FOREIGN EXCHANGE and General Bankisi
business transacted, CURRENT ACTUENTY CHned nad: 713K DEPOSITS szived for 1 year or shorter periods, vi rates which will be quoted on application
T. C. TOWNING,
Manage Hongkong, 11th April, 1912.
THE MERCANTILF BANK OF INDIA, LIMITED
Head Office 15, Gracecharak Street, London,
Authorised Capitai .................£1,500,000 Subscribed
Paid Up
Reserve Fund
49
N
ת
YANKERK
The Bark of Kaplar
"
1,125,005:
582,500 600.00%
The London Telat Stock Eaux. Stadtt!
fromber
..
Calcutie
relomb::
The thi-
Hoogteaz
Kamerab
Xandy
Ko Bhars
BRANCHE
Kanchi
Kesia LamptE
Maria
Festr
Rangeen
Thautbal
Singapor!
Port Losis (Mauritius.)
HONGKONG BRANCA,
Every description of Barking and Exchang business transacted.
Julerest allowed on Current Accounts at a purpo per sapm on Daily Faiances, and on Find Depar at rates which may be ascertalsed ze apaizacios.
C. CHAMPEIN,
Acting MangoM
INTERNATIONAL BANKING
CORPORATION,
HEAD OFFICE: S
55. Wall St., New York.
LONDON OFFICE: 16, Bisagrasate, LL. CAPITAL & SUPPLUS UA, 16,300,001 UNDIVIDED PROFITA US. $1,348,006- UBL 17248 POG
BRAN S
BOMBAY "LONDON CALCUTTA CAKTON CFBU.. COLON
MANILA MEDELLIN PANAHA
FFKING
HANKOW
PUERTO
FAN PEDRO
DE KAFORIS. BANTO DOMINAT SAN FRANCISCO SHANGRA BINGAPOR HONGKOND PLATA. TIENTSUN КОВЕ
YOROBAMA Though its close affiliarles NATIONAL CITY BANK OF NEW YORK, with The Los Bank i zal to me.Serices of the Eranches of the Instipation in Cars Goeth America, and nisaubere, nAMİY
BAHIA, BUENOS AIRES, GEKDA HAYANA MONTEVIDEO,
R10 PAULO, PATROGRAD VALPARAISO,
SAC
DE
SANTIAGO DE CUBA. SANTORIRO
All kinds of FOREIGN & LOCAL BANKING ́. BUSINESS UNACIO
CURRENT ACCOUNTS opened and PIXET DEPOSITS Inceived at patasso be escontained se application.
GEORGE HOGG, " MacNEW
Hongkong, 26th September. 1916
THE
YOKOHAMA SPECIE BANK.
· LIMITED.
Established 1880;**- Authorised Capital Yer 48,000,000 Paid-up Capital
36,000,00 Reserve Fund...... 22.100,000 Head Office YOKOHAMA