"J

COMMERCIAL NEWS.

FROM THE PULPIT,

Shanghai Share Market.

ازی

Menara A. L. Anderson and Co.,

of a number of velling ordere.

instant.**

The Consecrated Life.

1 .

TAGERST

THE HONGKONG TELEGRAPH, TUESDAY, OCTOBER 23, 1917,

1;

rected body of Christ. Along with this goes"a"new" "motive, gratitude, for a mercy - hitherto | unknowa, in delivering from a degradation hitherto unrealised, and pointing to a destiny bither. to unconceived. Now, it is trus that much of the grossness, of ancient pagan society has been, to an extent, outgrow

bo

GREEK KING'S DESIRE TO WED:

Objections Made for Reasons of-State.

be

the interests of

+!

HONGKONG SHARE REPORT.

8-SELLERS; 8A-SALES; B.-BUYERS: N.-NOMINAL..

OFFICIAL PRICES. BANKS.

Douglases

BANKS.

BANK OF CANTON, LIMITED.

$670

MARINE INSURANCES.-

.b.

sa.

$320 t. 115 $805

n. ex 78 $205

b.

b.

$151 $310

SHIPPING.

b.

3723

For S Months 3% per annum. For 6 Months 4% per annum.

b. & sa $171

b...

$118

b.

$321

For 14 Months 41% per annum.

n.

107/6

1.

$29

LOOK POON SHAN;"

Chief Manager,

· REFINERIES,

1.

$85

129

MINING

40/-

b.

1,14

8.

$2,50

n.

-281-

n.

so

n.

281-

being to marry a young Greek Ferries daughter of a court oficial women of high charmotar, the

Sugars This desire is arousing object. Malabons ions, for ressens of state, while the alliance proposed for euch

reasons in encountering the per-

fi

oner; the heavier the cross

the more cheerful it is barue,

DOCKS, WHARVES, GODOWNS, &C. H. K. Wharves sa. Kowloon Docks 5. Shai Docks

C.

S'ha! Lands

sa.

$85 #119 t. 80

די

HEAD OFFICE - HONGKONG

TOREIGN EXCHANGE and General Backing Business Fransacted.

INTEREST ON FIXED DEPOSITS:

BANQUE INDUSTRIELLE

DE HINE.

行銀業實法中

Capital (34 Paid up) Franos 45,000,000 (1/3 of the Capital gubacribed by the

Government of the Chinese Repub'ic.)

Chairmen of the

Board of Directors Andre Berthelot, General Manager A. J. Peragite. HEAD OFFICE:

Rue Saint Lazare, PARIS

BRANCHES: PEKING. SHANGRAL TIENTSIN HONGKONG, and SAIGON. BANKERS.

In FRANCE: Société Générale pour

favoriser le Développement mercs et de l'Industrie en France. In LONDON: London County & West.

minster Bank, Ltd.,

In NEW YORK: Redmined & Co. In ITALY: Banca Commerciale Italians, Telegraphic Address: OHIBANKIND.

Interest allowed on Curresit Accounta and Fixed Deposits, Terms on application. Every "description 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.

PEAK TRAMWAY CO.!

LIMITED,

TIME TABLE.

BANKS

HONGKONG & SHANGHAI

BANKING CORPOLA,"

"TION:AMA

Paid-up Capital........$15,000 DE RESERVE FUNDS:

Sterling

£1,300,000 at 21-

-$15,000,000 Silver...$18,500,000

$33 500,094

Reserve Liability of

Proprietors.$15,003,00€ COURT OF DIRECTORS.

Hon. Mr. S. H. Dodwelk-Cazir mar. Hon. He P. BipolDepure Chazzan Her Mr. E. Anton, F. C. Butcher,

C. Gabbay_Bag- E. V. D. Part. Es W. Patender.q.

Compton, Es

A.

CHIE XARAVER

Hongkong-N. J. Blabh, sq

MARICE

Shangbai-4. G. Blephez, Est London, Baskers-London County iss

Westminster Beak, 2mited.

Hongkong-lolwest Allowed!

"Os Current Accounts at the rate of 3 ovE DESE, JAM-

ayum on the daily balanCE

ON YLIED DEPCSIZE.

for mootbs, j per call, par auzya, For month per cent, por

new.

or is month per cesti,pE, ASSER, ST

N. J. STABE

Chief Manager-

RONGKONG SAVINGS BANK,

THE Besines of the above Bank le cocher ET the HUNGLONG AND SHANGHAI BABLING CORPORATION, Rules may be obisland.cm pallady INTEREST pa deposits.pallevat de 129 Imam monthly balances at 833 per Cze

Depositors may transfer, at their option, balancer $100 or mort to the Honthong and

Bank to be placed on FLIED DEPOSIT Col

For the Hongkong and Shangbai Bank: Corpora

N. J. STABE

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA ANI CHINA.

Lucorporated by Royal ('bartar 181),

HEAD OFFICE-LONDON.

PAID-UP CAPITAL 90006 RESERVE FUND

BEBERTE LIARIL

FROPRIETORS

FORMIGN KICHANGE and Gederal

bola trapeacend," CURRENT ACCUENTE operad and FACE! DEPOSITE received for I year or sporter periods. races which will be quoted an application

T. C. LOWNING,

Manage Hongkong, 11th April 1911.

THE MERCANTILE PANK OF INDIA. LIMITED..

Head Office 15, Gracechurol Street, London,

Authorised Capital ......£1,500,000 Subscribed

Reserve Fund

1,125,8GB---

||PATT 562,501 600,001

BANIZZA

The Bark of England

The London folut Stock Bank, khus

BRANCHES --

Karachi

Kota Bhar

Krain Lamps:

Madras

Com-

#

Lon

L

b.

$83

b.

$90

11.

$88

b.

$5,75

Kioon Lands

2.

West Points Reclamations

S.

J.

21.

$80 L. 74 $85 $115

COTTON MILES. .

Ewos

1.

A croes &t all, S'hai Cottons b.

follow-Yangtszepoos

b.

t, 165 t. 1st

t. 114 1.5%

b.

t. 361

D.

#61

$4.10

8734

$7,50,

b:

$48

Ди b.

Steel Foundries n.

$149 $80 $10

$6,60

Tombay

$82

Calcutta

Celamba,

cts. 90

Delhi

b.

$8

Galic

FR.00 AM.

10

Horskank

է:

18.00 10

32.

#13

11.00 AM

16 MIN

19.4$.

1.

Kandy

b.

851

IAS 7. C

10 MIN.

JE KIN

B.

$6,50

1. KO.. WIS. DO

10 M12.

JE WIN

b.

in their weekly sbare circalar, Notes of a sermon by the Rev. dated Shanghai, October 13 J. Kirk Maconachiest. Union state:We are pleased to be able Church on Sunday morning':-

Athens, Sanday, September to report a brighter outlook in the "I beseech you, therefore, by the modern world. Our 18. The prospects of a mat. H. K. & S. Banks b. Jesal ebare maket, where business brethren, by the mercies of God, moral standards have advanced, rimonial alliance for King Alet- han dating the week been brisker to present your bodies a living though the world is engaged at ander are being widely discussed, Cantons than for some considerable time sacrifice, holy, soceptable to God, this moment is life-or-death and have become an affair of state, North Chines b. previous. The steady fall in which is your reasonable service," struggle to retain some of the

Sincs be ascended the throne Unions ground that has been gained. and Greece iined the Eatente,Yangtzes exchange bas directed a good-Rom. 12/1. deal of attention towards rubbera The contents of this well-known Bat every man or women who the view has been held that the where prices are in nearly every verse arrange themselves" very knows the world knows very well marriage of the young King China Fires

- FIRE INSURANCES. instance higher than a week ago,turally as a chain of thought: that the grace of Christ has still with a princses of one of the H. K. Fires and the same rasy be said of the 1 An entressy based on a stiff straggle against eine of the Entente countries would debenture market. The high gratitude. 2, The gratitude flesh, and that, for all our re- more in price and the smallness of the ieaning in consecration. 3, The finement, the Christian appeal for Greece than crop of American cotton coupled consecration involving BACri- the consecration of the body is oyance. King Alexander has made Indos (Del.)

• private alii- Steamboats with high freight rates and comfice. The sacrifice regarde! no means out-of-ste. And that it known, however, that he did Indos (Pref.) peratively high exchange are all as reasonable.

appeal in made not simply or not approve this view, his desire Shells in favour of the local cotton mills 1. "I beseech you.. by grounds of self-interest and self- and were money easier and the the mercies of God." The loving respect, cogent as there are, bat disappointment of the Shanghai entresty appealing to gratitude is to the gratitude of Obristian Ooston Manufacturing. Orm the fitting LoDe between bearts, that we surrender freely pany's Iset accounts forgotten, Ohristians, who are not ruled by the powers which God desires for much higher prices for thees mill- outward "shall" and "ehall not dis own bigh uses, so that our shares would be given. Among but inwardly guided by the con- whole spirit and soul and body

Kailans general excurities a small enquiry straining love of Christ. People be preserved blameless unto the

Langkats exiate but the drop in exchange are rather fond of claiming that coming of our Lord Jesus Christ."sonal objection of the King. The

Raubs issue thus remains oped, as to Tronchs rates has caused the withdrawal they may be led but will not be He that hath ears, let him bear whether the decision will conform Urals

3. The consecration involving with what are considered the Oriental Cons. driven." Especially mothere will Today's opening rate for T/T tell you that about their 2008, as sacrifice. "That ye present your grata's interests or with the pri on Landon was 3/101; the Dolier if it made them different from bodies a living sacrifice, boly, vate inclinations of the moarch. rate being 725825. Company other people's rone, though we acceptable to God." There re- Mae nga, etc.-Mercentile bank are about all alike in the enbject, maired now no more escrifice for An interim dividend at the rate I have seen more then one or twofrio, bat there did, and 'does, re- of 12 per cent. per annum less tax catastrophes along that line in the orifice of thank- fer- Holland's War Expenditure.

London, September 8-A dia- has been announced as payable too, but that ie by the way. We ing, to be made, not dead animal

LANDS, HOTELS in respect of the working for the had sil.rather be led than driven, off-ring upon an sliar, bat by the patch from The Hague to Reuters, AND BUILDINGS.“ half year ended 30th Juce isat, and God would always rather lead willingly surrendered lives of Limted, states that official figures Centrals North China Insurance: The than drive us. Galy we will not Christians. A well recognised show that Holland's total ex-H. K. Hotels Directors announce a final divid: |alware let Him, so there has to principle, from which we can penditure in cornection with the Land Invest. end at the rate of 15 per cent, at be said to as this proverb: "Allustrate Christian living so far war пр to Baznit. 1 met H'phreys Est. excharge 4/02 (qual to Taela 3.70. whip for the horse, a bridle for forth, is that success in any approximated 79,100,000 gulden. Jave Consolidatede. A second the ass, and a rod for the fool's puranit 'demanda self-control, interim dividend of Tin. 1.00 per brck." Well, the gospel meets as abstinence, devation. The Obris. abere will be paid on 25th instant. on shin ground of leading rather than life also calls for escrifice, Sungai Dari: Profit for the past than compelling. Nos that it if the ousecration is to year's working is announced as gives in to dar mere prickly self-more than a μίσας fiction.

and the bearer will not have you Kung Yika Tl. 49,546 82 of which Tis. will, which is aften about all Divotion can be freely given to call it 20,000 bas siready been distribut people mean by being led and not business, to study, to social Many years ago two ed, the balaner together with the drives, demanding that they abell Bmbition-what sot? It is wanted students of mine volunteered in Orientals

am of Tie. 16 255 38 amounts to be coszed and smoothed and supremely for the cause of Christ, the most daostentations way to Tle. 45,802.20 which it is pro-fattered into doing anything and we should get more of it if fill couple of rather taxing Borneos

MISCELLANEOUS. poard to deal with as follows whatever except what they happen we had not all been so busy for vacancies in the mission field. China Light & P.b. Final dividend of Tie. 050, to bave a mind 10. Bat Christ'e some time pakt with one socord They were the best men of their Providents mak ng Tis, 100 for the year, work with our perverse hearts is reducing religion to the common-year, and what are called careers Dairy Farms sa. & bi x. d. #213 Tis. 20,000; write of various to enlarge His grace in them and place, and presenting Christianity were opening to them on the Green Islands sa. accounts. The 11,650.27; carry reduce the perverseness of them, just as a phase of common sense. home ministry. No emall inter- H. K. Electrics forward Tle. 14,151.93. The till by and bye we are moved-- Our comfortable, popular

est was aroused, and of course H. K. Ice Co., meeting will be held on 25th be it leading or be it driving-moderatiem provides no motive certain amount of criticism, as to Ropes

from within, slong the line of for ascrifice, no atmosphere to the "snorifice" these promsing Trams, Low Level b Bia holy will. A heart which is brace to it. We have fashioned

Trams, Peak, old s. British Iron Trade After the War. sensible of the mercies of God in for ourselves a spiritual world og men were making. A

great congregation gathered at Trams, Peak, new s Christ is one which cannot con- without a firmament or a deep the ordination service to hear the Laundries In the Middlesbrough Monthly inne to resist the loving entreaty ses, to say nothing of an infinile address from our Principal, & U. Waterboats Circular of Industry, Commerce in His name. If that be com- beyond. The one piece of old man of God, deep in the secret Watsons and Shipping, recently it was pulsion, it is the compulsion of world folly of which bis ces of the Lord. This was the text, Wai. Powells stated:" The Britieh iron and love, the service which is not/tary is incapable is the projection and it was heard with some Morning Posts steel has been expanded encrm-servitude bat perfect freedom. of a lower of Bibel; we have

"Your Borprice, ously since the war began in 2. "Ibat ye present your bodies nothing to adventure do enter.

service." The addrese order to meet the minimum a living sacrifice, boly, acceptable prices whose top is meant to reach

the

and theme, toward heaven." requirements of the Government, to God." This implies, of course,

And where

a lesson to many. Not long ago It is fair to demand that it should the connecration of the whole there is no aspiration there will

& fellow-passenger at sea was die Dover again be allowed to fall into nature, the body being bat the be no sacrifice. If our conception

Still, in of God's mercies does not rie the lot of our missionaries as we cussing, in a very kindly manner, B condition positively dangerone organ of the soul.

secarity. its primary and literal demand above the notion of a vague be know them here, we who do know There are irrefutable figures to for the consecration of the body, nevolence, and our Christian pro- them, not listen to street corner whow that, in the periods when the this Christian requirement mark feesion correspondingly drope chatter about them. It was all German steel trade was not bat- ed a revolution as compared, with pretty much to the level of cur the toss of pity, for their strained treased by Government subsidies Pagan conceptions and praction. rent morality, we need not lock and export rebates, the British No one acquainted with the state for sacrificial consecration, Bat ease, their dearth of social stool trade was well able to hold of pagan scaiety even in the if we have any adequate concepportunity, the long years of Domand ite own in world competition, classic era is anrprised at the tion of the Father's love for the labour, sad the exiguous pension 30 da

60 d/B...si The moral is obvions. And as it repeated Apostolic exhortatione as world in Chries, and have felt at the close, pity enhanced by the

evident fact that in other wasa of 4 m/s......... is with numerous other industries, to the sanctity of the body. Sins that love manifested to ourselver, life they could make themselves T/T Shanghai. chief among them, perhaps, being of the flesh were rampant, and we eball gladly yield ourselves a so comfortable. My reply was T/T Singapore the manufacture of dyes which is held their own, as they very well living acrifice", ar I count it a all essential to our great woollen can, side by side with the saltiva." reasonable service." and textile trades. While we, in tion of lettere, art and music. Bat

4. That phrase suggests the was keep your pity for those Demand, India Britain, are still discussing our there is one thing by whore eide final link in our chain: the who need it, those who are policy after the war, the Germana physical exc-asea cannot maintain sacrifice regarded reasonable, getting out of life all that the Te Java are proceeding from discussion to place--the incarnation of the Rational," the word appears to plighted servants of the cross do T/T Marks....... Nom. action. Already there is a bill eternal Word, become fish and meen in the firet instance, con- not get out of it, thoes who are T/T Francs 3.66

the dwelling socog ne. In that light traeting with the superstition of foolishly envied because they Demand, Paris...... 38611⁄2 Reichstag to subsidise the Ger- the human frame becomes sacred, heathen worship, and also indica seemed to have all that heart can mna hipping industry to the To the Christian, sin against the ting the voluntary natore of the wish easy life, flowing eaccess, tuns of £75,000,000. What will body is much more than jael Christian offering, given with prospect of opulent retirement, British Government have to say aawise and unmanly indulgence, oonsenting mind, and unlike that Daughters of Jerusalem," said to that? The British shipping it is defilement of the temple off of animal victims slain on altars the Lord Himself on the via 30 din. Sydney & industry

no dolen the Spirit of God. There is But the ordinary use of the ward dolorosa, "weep not for Me, but and no Government interference, nothing particularly Christian in reasonable is in keeping with the for yourselves and for your 30 da Ban Franc but it will have right warning ge that the physical whole spirit of the passage bere, children." No, if you make any

isco &New York at least to demand that its wages of sin is death. The athletic sa with the Lord's requirements sacrifics for the gospel'e sake

4' m/s. Marks Nom. #absidised German competitors trainer can preach that with as always. This chapter gives the you will not go stout pitying

mis. Franca ...... “3.81 aball not enjoy equal rights with mach authority as the gospel everyday practical conclusion folyourself or looking atound for

6 m/s. Franca...... 3.86 British shipping in oar parts teacher. It is common knowledgs lowing from all the sublime ideas

Demand, Germany » -- You eympathy. The that if men would excel in any which bean been the theme of the that your utmost is resson T/T Bombay

know Demand, New York. 6316 throughout the world.. Germane are getting very nervous thing requiring strength and epistle-justification by faith, the able, service, which is its own Demand, Bombay... Nom. about the future of their trade staying power they must be abounding of grace more then reward and is abundantly recog-TIT Calcutta and the burden of every peace "emperate in all things." Itsin, the working of all things for nised if so be the Master find it Demand, Caloutta... Nom. speedhir, There must be no needs no Apostle to show as that good to them that love God, the not vascoeptable,

Demand, Manila economia discrimination against there is no surer way of reducing impossibility of their being tus as a result of the war. The the mind to drival and the separated from His love. In the and the grind taken out of your

And if you want the gradge Demand, Singapore. 1121

On Haiphong

44% prem Allies may or may not amader body to palay than Fielding light of these transcendentmercies Christian life-il ach there even

On Baigon ............. kl prem of the the call for nonssoration becomes be in it-do not think that can vereign. 7.45 Nom pena mensaron against German to the mallbitations

5812 On Bangkok ******** commerce to be desirable. As to fish Bat bere is the new oon pre-eminently reasonable. The be done by taking the axeries Gold Leaf, par 01, 45.20 that, it is anneconesty here to ception-that sin of the foek in utmost that can be asked, so far out of it. Pas more morines into Bar Silver, pero 4276 offer any opinion. But the direct offense against the Lord, from being out of proportion, it, in the spirit which the Lord's necessity of providing against aan insult to the human nature seems a small thing. That is Apostle counted upon in his SUBSIDIARY COINS. recurrence of aufair German which He honoured by taking it when the great sacrifices, as they follow-Christians when he wrote, competition is another question upon Him, a crime against the appear to be, so usually seem "I bosscon you, by the mercies altogether, and it is to be hoped mortal frame which is yet to be natural and simple to those who of God that ye present your Chinese... 20 cta. DiSE

DISCOUNT PER $100 2 that the budnom interests of this exchanged for a "spiritual body make them. As a rule there is bodies a living sacrifice, holy, 10 country will not allow the Govern incorruptible, indestructible, much more grudging over the acceptable unto God, which is Hongkong 20 cts, piepor mant to lose sight of it.”

fashioned liked unto the resurs little morifices than the large your reasonable service,” Hongkong 10

to

before

our

national

committee of &

wante

E

on

reasonable

WAS

糖醇

$29

CORRECTED TO HOOK TUESDAT OCTOBER 23, 1917, BENJAMIN & POTTS,

Share and General Brokers.

Princes Building.

T/T

Tel. address: Broker,

EXCHANGE.

BELLING.-

2/73/4 2/77%

2/8

2/816

2/814

Nom.

******* 112.

12244

Nom.

[scarcely indignant but I own it TT Japan was a little warm. In effect it T/T India

T/T San Francis-

will

Nom,

63

co & New York/

1471⁄2

·

DET D

NOTICES.

NOTICE:

1.4.1.

HIGHT CAKE.

-230 232 and 9 PAL DE LO

Libor.. every half hour.

11.00 p.m. so 13.40 7.1. every quarter of an hour. BUNDAYS:

MAX. to 18.30 2.6. 114.3 14

30.30 AM. 21.00 11.44 Soon

3.80 1.

EVENT 13 Mar.

10 Ath

30 AE

10 MIN.

1.888.34 80 L... SO 4.MY

1.

£.00 P.M.

10 Kt.

10 x

带帽

10 Ma

4. No $.00 .

JUGIT CARE 1a sa Week Daya.

"

SATURDAYS:

Ewa Dar at Midnight, +

SPECIAL CARB

by arrangetnets at the Company's Often,

o Afranides. Haldiner,

Der Fort Hond,

- Samson and panchackota available (or all) sara 201 obrady tall, reuning at the Unze alarm) - Says Company's time rules, not Kat for kimecial | ears, one obtused no application at the Company Office: No, hemang ticket will b losed anti! paymienić ti:avior tua been; made in Bank Mites or by Chegte_ur Coursłanorm.} Order raunounsing Buah Koos

JOHN D. HUMPHREYS &COSI

BUYING.

CHK

4 m/s. L/C........ 2/87% 4 m/s. D/P..

2/9

22914

2,91⁄4

6434

6 m/s. L/C.

Melbourne

126

CHINA PROVIDENT

CO. LT

Capital Pand op $1256, -007)

Lane an origana of Mesos Progeny, a Bonds tenured on Min

AÖVERDS" FILæste en dentertÁINTIRE Juoka), trade no tre Providegi Kertem.

TRUSTEE KIRTUE OF WHA ATMAKER AT Cndertaken and KröewÁNG.. Bates and Partarusa no applouson) To as fi of

SHEWAN, TOMES & CO.

Camera! Mana me

MARTIN'S

Paid Up

Hovish

Port Locks (Mauricios.)

Penang

Rangoon

f bangbad

Biezapom

HONGKONG BRANCH,

Every description of Banking and Lacang. business transacted,

interest allowed on Current Accounts tu per com per annum de Daily Balances, and on #ised Duport at rates which may be ancerțuia ed on applicazio

"C. CHAMPKIN,

Acting Managet,

INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE:

2 Wall St, New York,

LONDON OFFICE:

36, Bisboragute, LC,

CAPITAL & SUBPT US U.S. 36,500,001 UNDIVIDED PROFITS US. $1,348,000

BOMBAY

U.S.[$7,848,000

BRANT HPS:—

CALCUTTA · MANILA

CANTON

CEBU. COLON

LONDON.. MEDELLIN

PANAMA FPKING,

HANKOW PUERTO

HONGKONG PLATA. KOBE

SAN PEDRO

DE MARIE," SANTO DOMIND SAN FRANCISD SHANGHAI SINGAPORE

TIEXTEIN

УОКОНАМА

Through its close fillation with NATIONAL CITY BANK OF NEW YORK, the Bank is able to one Us Services of the

ranches of

bar Tution is CHI South America, and elsewhers, namely:

BARIA, BUENOS AIRES, GENOL, HAFANA NA KONTEVIDEO, RIO DE JANEIRO. SANTIAGO DE CUBA, FANTÓS,"

·SAC PAULO PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKINI' BUSINESS transacied.

CURRENT ACCOUNTS opsad and FIXEI DEPOSITS received at rates to be necertained pe *pplication,

GEORGE BOGG,

Masager.

Hongkong, 26th September, 1916

THE

YOKOHAMA SPECIE BANF

* LIMITED."

Established 1880. Authorised Capital Yen 48.000.000 Paid-up Capital .....›. 136,100,000 Reserve Fund...... 22. 00,000

"

Esad Office-YOKOHAMA,

Brancher Antang-lisia Bombay Calent!

Opengetun

Dalrais HARDAD Kachow Hopafals Kabe Lánc-Tang London

Los Ansic

dis

MARTIN &

saanivač for Szeň perí

and

Byda

Tabling

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