"SHIPPING NEWS.
£5,000 for Sailors:
The War Pensions Committee bass allocated to the British sad Foreign Sailors Bociety a sum of 45,000 from the gift received from Canade through the British Sailors' Relief Fund. The money is to be spent on special work among sailors. This will include considerable extensions to the Naval Eset at Kosyib, erected by the Society at the request of the Admiral commanding the Light Cruiser Squadron. ▲ recreation room will also be erected at the Block House Fort, Portsmouth,
Shipbuilding in United States.
A good deal of dicentisfaction ia reported to exist in the United Statee owing to the form in which the Allied Governments issne their statistice of shipping losser, the demand being made that the toonage figures as well as the mere number of vessels sunk, should he periodically announced. The same fealing obtaina. to a large extent in this country, the people of which are on the whole quite prepared to bear the whole trath whether in regard to this or any other feature of the war. There is much to be Baid for this view, but it is, nevertheless, regrettable that some of the American newspapers are putting it forward that it is scaly by pablishing each statistica that the people of the United
States will be roased to a full <comprehension of the achmarine peril, and will throw all their strength and ingenuity into the fight. We do cot believe for moment that this contention is è scand one, and, on the other buod, figures or no figuree, all the evidence goes to show that the United States fally realises the position, and is determined to derole themselves to tonnage production as if the whole result of the war depended upon her efforts. As in many other matters in connection with the war, the question of the publication of information must be left to those responsible for conducting hostili- ties. With referenos to this special matter, the Allies, after the fallest conenltation, bava decided, pre- sumably as a matter of strategy, that it would not be to their in. terest to give the precise data. It is well known that the Germans have made an altogether false and infiited estimate sa to the success of the U-boat campaige, and no doubt this error is largely due to their want of knowledge in many cases of the tonnage and capacity of the rounds they Biok.- American newspapers, issued as they have been so far ander complete immanity from Censorship, cannot understand why this, one" of the most valu- able weapons in the hands of i belligerent, should be brought ino use, but the fact that there ia no real demand in this country for any more information as to abipring disinter
than that already given, should make it clear that the Allies' policy is not far from being the right one. I the United States proceeds, as she in evidently intending to proceed. on the principle of making the maximam effort to build tonnage, no amcast of extra information regarding losses will produce better rezulta, Journal of Com
merce.
Britain's Help to France; M. de Monzier, Under Secretary of State for the Mercantile Karine, speaking in the French Chamber recently, reminded the Chamber of the plan anggested by Boaison to establish a credit amounting to £8,000,000 and "pointed out the difficulties of establishing maritime commun. estion between the mother country and the Far East, which had led to the despatch to Japan for the Lequisition of ships of a mission of experts. The French Mercantile Marine amounted to 4,107,000 tons. The tonnage lent by Great Britain was 2,100,000 tons, and the monthly requirement was 4,075,- 000 tons. In view of this situs tion M. de Monzies pointed to the necessity for a strict limitation of requirements and the fallant em ployment of the existing merch ant fleet, of enlisting all the dia pasal sonnage, and of securing the continuance of Great Britain's maeistance, M. de Mongies, speak ing of the diffienities connected With the purchase of ships, paið high compliment to the work the High Commissioner to the JAGER SULSA M: Andre Tardien.
THE HONGKONG TELEGRAPH, ERIDAY, OCTOBER -5,
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 &
M. Hennessy interposed in the debate to demand the montbly construction of 500,000 tons of shipping. M. de Monsies, in conclusion, insisted that time was everything, and the victory or defeat of Franca depend ed on her power to Eupply herself with food, Before the war her imports byʻland amounted to 18,000,000 tons, and in 1916 to 1,000,000. In the latter year ou1 of 44,000,000 tons imported 43,000,000 were imported by ses M. de Monsies added:-"The life of France is on the sea. My policy pat shortly is to achieve results and accept responsibility for them." . Ballonds advised the purchase of ships from Braz l as a means of aiding the latter country to surmount its economic crisis. In reply to very eCTATE criticisms by M. Bonisson on the composition of commercial missions by deputies, M. Ribot, the Premier, said he had solely the interests of the country in view. "We are obliged to build and to purchase," he added. "I'
CO.
VISITING
THE HOME OF
PRIMO BEER
Stocked and sold by all Win
& Spirit Merchants, Hotels and Clubs.
H. RUTTONJEE
& SON. Wine and Spirit Merchants.
is no time for recriminations and our means will be dran up." used by the Lehigh Valley and
to the past because we directed Conclading his speech, M. Ribot the women already are handling
our attention elsewhere. We akatahed the history of M. Chap- the machines like veteranu. must now give all our attention pedelsine's mission to Japan,
Indian Defence Force. Calcatta, September 1-It is
to escaping from a critical ilaahich, he explained cassed to tion. We must act promptly by have a porpose once the ships taking all vessels that are for had been purchased from that stated on good authority that the sale and all those in солве
country. The Caimber adopted formation of the Bengal Light
af construction in the United the order of the day by 200 votes Horse has been informally sanc
to 157.
tioned. The terms of service säd other details are discussed and as soon as those are finally settled,
States and elsewhere." M. Bibot: then proceeded to justify the mis sion of M. Tardien, who he said, bad obtained very satisfactor results. As regarded the patchase Women Work as Section Gang. it is understood formal sanction A section gang of women huwill be received from the military
HONGKONG SHARE REPORT.
S-SELLERS; BA.—SALES; B-BUYERS; 'N.—NOMINAL..
H. K. & S. Banks an
FIRE INSURANCES. :
H. K. Fires
Douglases
Steamboats b. & 2. $17
Shells
BANKS
BANK OF CANTON,
LIMITED.
HEAD OFFICE, HONGKONG.
For 6 Months 4% per annum.
4
For 12 Months 41% per annum
LOOK POON SHAN;
Chief Manager.
BANQUE INDUSTRIELLE
DE HINE.
BANKS
TONGKONG, SHANGHAI
BANKING CORPORA
Paid-up Capital
RESERVE FUNDS:
Sterling
£1,500,000 at 26.
$15,000,000 Silver...$18,300,000 ~
$33 506,0##
Reserve Liability of
Proprietors......$35,000.00le
COURT OF DIRECTORS
Hon. . . . Dodwell-kalemas, Hos. ... hey-Deputy Chalm BO N... Anton, F. C. Dancres) OAT. My Mektos, Bes
E. V. D. Parr, Eng W. L. Fauzanan,
Compton, Esq.
CHIEF MAKARKA
Hongkong-N, J. Babb. q.
Shanghai, G. Biophys.
4
Londen Nackery-Londos Demate, and
Talower Bank,
med
Hungtong Interest Allowed i
On Current Accounts at the rata of 2 pecept per
anam on the daily balance,
GN FIXED DEPOSIT
For I rootka, i per cent, per aðnum.
motisha, per coal, pur an
For is, í per ceas par starten
N. J. STABB
Chief ManaPT.
HONGKONG SAVINGS BANK.
OFFICIAL PRICES. BANKS.
$620
MARINE INSURANCES.
Cantons
North Chinas
Unions
b.
Yangtszes
n. ex 78 $19.
FOREIGN EXCHANGE" and General $320
Business Fransacted. t. 110 .$760
INTEREST ON FIXED DEPOSITS:
Banking
China Fires
b.
$19
·8290.
A.
"For 3-Months 3% per annum.
SHIPPING.
b x. d.
Indos (Def.)
KB.
Indos (Prel.)
n.
1951)
$55
107/6
Ferries"
8.
REFINERIES,
Sugars Malabons
83.
13.
182
$29
MINING
F
Kailans
-"
b.
401-
Langkats
b.
to 14
Rauba
€2,50
Tronohs
17.
28/-
lirals. Oriental Cons.
DOCKS, WHARVES, GODOWNS, &C. 'H. K. Wharves b. Kowloon Docks b. Shai Docks b.
321-
n.
28/-
#BL
$1.6
LANDS, HOTELS AND BUILDINGS.
Centrals
n-
$90-
H. K., Hotels,
3.
$94
| Land Invest.
D.
$88
H'ph.eyi Est. - 'is.
36
#K'loon Lands
B
$30
S'hai Lands
6.
3. 74
West Points b.
Reclamatious
n.
$85 $115
COTTON MILES.
Ewos
b. " b.
of vessele, M. Ribot called on M. Bouisson to have courage to move just been put to work on the main authorities here. Col. Pugh it a vote of censure on the Govern-line of the Lehigh Valley Railroad is said la conferring with a "high" ment, and added Great Britain near Buffalo, U. B. A. Nine military representative on the will have to ask us to return pari men, working ander the directinu abiot and the schemeis expected of the 700 vessels which she put of an experienced foreman, com.so takes praeûcal shape very at our disposal. Her needs are prise the gang, which operates shortly. Three hundred and increasing like our own, but she on the west-end of the Buffalo thirty applications have been recognises as well as we do the division near this city. The received for enrolment and it is, necessity for pooling car regomen, are performing all the estimated, that, allowing for souroen. A proof of this is that regular dation of similar ganga wholesale rejections, there ought a conference is a bout to assemble of men, fightening bolts, putting to be fally two hundred and Eft in London sa August 8, at which in new lies, and tamping ballast, men available or suficient to form a sistement of our requirempaka Poeumatic ballast tampere are two squadrons.
Kung Yiks
t, 155 't, 143 S'hai Cottons b. x d. t. 115
Yangtszepoos b
Orientals
D
t. 36
MISCELLANEOUS.
Borneos
$26
行銀業實法中
Capital (3) Paid up)...Franca 45,000,000 - (1/3 of the Capital subscribed by the Government of the Chinese Republ.)
Chairman of the
Board of Directors Andre Berthelot. General Manager A.J. Parbotie
. HEAD OFFICE:
74 Rue Saint Lazare, PAHIS BRANOHES: PEKING. SHANGHAI, TIENTSIN HONGKONG, and SAIGON. BANKERS.
In FRANCE: Société Générale pour
favoriser le Développement du Com merce et de l'Industria en France.
In LONDON: London County & West-
muster Bank, Ltd.
In NEW YORK: Redmand & Co, In ITALY: Banes Commerciale Italiana, Telegraphic, Address: CHIBANKIND.
Interest flowed on Current Accounta and Fixed Deposits. Termas en application. Every description of Banking and Exchange business transacted.
M. ROUET DE JOURNEL, Manager. HONGKONG BRANCH: Queen's Building.
Tel. No. 1352
5. Chater Read. Hongkong, 20th August, 1917
NOTICES.
NOTICE.
DEAK TRAMWAY. CO.
LIMITED.
n.
China Light & P.8.
$4,50
Providents.
8.
$716
Dairy Farms
b.
$21
Green Islands
Ba..
$7.10
H. K. Electrics
XL.
$48
H. K. Ice Co
0.
$149
Ropes
D.
Steel Foundries n.
$10
PE
Trams, Low Level sa. Trams, Peak, old s.
.36.01
$81
| Trams, Peak, new s Laundries b.
cts. Su
#8
FEOR AM
11.00 2.1
$18
Li Y.
B.
$6
10 MIN.
3.44 1.X
8. & sà. 16,50
4 P.M. 10
LOR PAL
16 MIN.
$29
10 M
U. Waterboats n.
Watsons
Wm. Powells
Morning Posts IL
CORKKOTED TO NOON FRIDAT
OCTOBER 8, 1977,
BENJAMIN & POTTS,
Share and General Brokers,
Princes Building.
Tel. address: Broker.
EXCHANGE.
T/T Demand
30 d/B......
60 dia....
4 m/s.....
SELLING.
2/1026
2/136
2/1014
2/107%
2/11 -
Nom.
TIT Shanghai.
T/T Singapore 1224 13376 TIT Japan Onnen,
Nom T/T India actuar
Nom Demand, India'...... T/T San Francis) 6814
co & New York) TT Java....................... 163
Nom.. T/T Marks T/T France... 398 Demand, Paris..... 393
BUYING.
4 // 2/1134 4 m/s. 'D/P................... 2/117% 6 m/s. L/CAN DO A 31-44 |30_d/a. Sydney &
Melbourne.004)
30 da Ban Franc-1 inco&New York).
4 m/s. Marke
3-%
693⁄4
Nom,
4 m/s, Franca......*4.15
6 m/s. France ... 420) Demand, Germany.
Demand, New York. €85% T/T Bombay
S
Demand, Bombay... Nom.
TIT Calcuttam
Demand, Calcutta...
Demand, Manila
Nom. 197
Demand, Singapore. 12214
Đn Haiphong H
44% prom
On Baigon ....................... 442%, proni.
On Bangkok...... 3314.
TIME TABLE
HIGHT CAKE.
LE PL and 9 7.3. 1.30 to £2.00 7.3 #7#sy half hour.
11.00 PAL 10 33,65 7.M. Every quarter of an hour BUNDAYS:
106 AM to 10:30 AM. 36.30 AM. 10 – 15.00 AK
MANG 10 -. 1920 Notu
1.00
6.00 P.L
3.00 7.1.
ZYZNY MO
10 Max.
16 Mix.
10 MIX.
15. MI
10 Max.
18. X.
EIGHT CAZË 20 on Wesk Daya:
SATURDAYS:
Hawa Car at Midnight. - SPECIAL CARE
BY ASTAnguat as she Company's Offies, /
Alexandra Rufámpa,
Des Voeux Road.
*Sasam and paneh tekerá avaliable, for pil met nok sirwady full, ranglar ne don tissu sinted Sá siêu Cacapway's time tables, but not for special mars, can be obonized on application at the Company Ofios Na Besach ticket will be kaewed maid paycoeat therefor bas heaờ manda in Bank Notes or by Chertse or Compradore Onder Koting Bank No. **
JOHN D. ROMPERETE ACO W.
THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1,250,000.)
Zaars en Mortgart of Bonas Property, da Maali yaontrador Blorage. Abrazives made on Storchiandies. Ženess sonde eu tias Provident System:
TRUSTER. EXECUTOR OF WILLE ASTOENEK, 4o. Dodastakes and Szewieć.
Cases and Partianları ön
| appilaskon) To the Disne of BHEWAN, TOMËS & CO.,
General Managers,
#MARTIN'S
OSTEEL EKSEPILLS
Sovereign 6.55 Nom PAPIOL
Gold Leaf, per öz.... 48.49-
Bar Silver, per oui 471⁄21⁄2.
SUBSIDIARY COINS,
DIEC
ET PER $100
THE Best of the above Back a conte the HONGKONG AND SHANGHAI KARI ING CORPORATIO8," Rules may be obtained or appäentions INTEREST o deposits is alcvet ca the min- imum monthly balances at fyi p
ERLIN, Deposkors may truas for, at their optics, balansES
14
of $100 or more is the Honglong and hanghai Bank to be placed on 3203S EXPORT
For the Hoogkong and Shanghai Banichy Capon
N. J. STAFF
Chief Manager.
tion
THE CHARTERED BANK OF INDIA, AUSTRALIA AND
♪ CHINA.
Jecorporated by Baysł Chartw 18
FEAR OFFENCEDON
PAIDER CAPITAL ---- RESERVE FUND
RESERVE LIABILITY OF
· PROPRIETORE
FOREIGN EXCHANGE and General Balanc
business cracted. CURRENT ACCOUNTH opened DEPOSITS received for 1 year or szerter perlada, 18+ - rates which will be quotedion applicaties.
T. C. TOWNING,
Bongkong, 11th April. 1912
THE MERCANTI) F BANK OF INDIA. LIMITEI
Head Office 15, Gracechurat Street, London,
Anthorised Capital ......£100,00
Gharribed
Paid Uy
Romerra Fund
Tor
ZANKIZE
Bark of Hagland. The London Idut Stock Bank
BRANCHE
nombar
Calcutta
+clomb
Dethi
Galle
Hougtong
Howsad
Kandy
Port Louis (Mauritiu
Karach
1,375,000
362.500
600.000
Kota Bhar
Kaula Lump
·Madras Pessay
Rangoon
Fbangb
Singap
HONGKONG FEANCH, "
Every description of Lanking kúé, Eschomm basinaga tranzacied,
Interest allowed on Current Acceptès vi s per game per aboum de Daily Balances, and os Tiand Depaal si enies which may be Kacertained an mpg Netcion.
C. CHAMPKIN.
Acting Mabout,
INTERNATIONAL BANKING
CORPORATION,
HEAD OFFICE:"
5. Wall S., New York,
LONDON OFFICE:
25, Rishopsgate, EC,
CAPITAL & SURPLUS US, 85,500,000 UNDIVIDED FROFITS DES. $1,348,00
BOMBAY CALCUTTA
(0,8% 875 18,006
BRANDS-
FAN FEDRO,
DE NALORIE
..LONDONN MANILA CATTON MEDELLIN SANTO DOMING
PANAMA
PERING,
PUERTO
CEBU COLOR HANKOW HONGKONG PLATA KOBE
t
BAN FRANCISCO
SHANGHAI
BUNGA PORT TIENTSIN 1YOKOHAMA Thresh
with The NATIONAL CITY EANK OF NEW YORK, the Back is able to côm đĩa Services of the. Breaches of that inschnipal, in · Cats South America, and slowwbars, naME PO
BAHIA, BUENOS AIRES, DEKOA, KACAWA" MONTEVIDEO, RIO DE JANEIRO SANTIAGO DE CUBA. FANTOS, SAO PAULO, PETHOGRAD VALPARAISO,"
All kinds of FOREIGN & LOCAL BANKING' BUSINEES transacted.
CURRENT ACCOUNTS oyaad api FIXEL DEPOSITS received at Palm to be ascertained application.
GEORGE HOGG.
Manager, Hongkong. 26th September, 1918
THE
ZOKOHAMA SPECIE BANT. LIMITED.
Established 1880.
Authorised Capital Yor 48.000.000
Paid-uy Capital
Reserve Fund
36,000,000
22.100,000
Fad Office.-YOKOHAMA
Bruscos
"Artung Haden
Bob
Calcutta
Fenstien
Theinen
Harlts Bankow
Kobe