THE HONGKONG TELEGRAPH, WEDNESDAY, DECEMBER 19, 1917.
COMMERCIAL
NEWS
HONGKONG SHARE REPORT-
&-BELLERS; SA-SALES;" B-BUYERS; N-NOMINAL.
OFFICIAL PRICES. BANKS.
Douglasės Steamboats
Kailans
BANKS
BANK OF CANTON,
LIMITED:
HEAD OFFICE HONGKONG-
FOREIGN EXCHANGE and General Banking Fransacted.
Bualues
INTEREST ON FIRED DEPOSITS:
$300
b.
t. 115 $785
nex 73 $315
$1923
$910
For 3 Months 3% per annum.
SHIPPING.
$77 $18
For 6 Months.4% per annum.
b. & sa.. $160.
For 12 Months 41% per annum
$331
b.
112/
1.
$28)
LOOK POON SHAN,
Chief Manager.
REFINERIES.
8.
S.
894
$ 36
MINING
3.
40/-
n.
b.
11.
28/-
134
-801-
281-
". DOCKS, WHARVES,
GODOWNS, &C. H. K. Wharves sa. Kowloon Docks sa. S'hai Docks 1.
29
Enemy's Economic Conditions.
out blades. they drive goods from Labour'e demands for.increased greater proportionate gains sin the market and check production." wages were waking dangerous wealth thao soy other country "Economie Notes from Ger In the early part of this year, intoads on proftr. It was doubtsept the United States. Gaz man and Austrian - Newspapers,”|
following upon the puring of the less uce that, during the past man prosperity had been built up isced through the Press Barean National Civilian Service Law, thirty years, the majority of on principles in many respects sa White Esper, is chiefly the German Government arranged employers had best all their quite the opposite of those gene interesting for the evidence it for the taking of an industrial energies towards the development rally held in America. The H. K. & S. Banks s, &sa, $600 contains of the inflexible, deter-
Merus in August, and in this of new machines. Labour had American Government intervened MARINE INSURANCES.. mination of Germany to achieve connection issued an appeal for been acuated as a fixed qusnity, in business to prevent com Cantons economia self-dependence during the war and economic domination luntary cenas-takerr, which The mistsking had been in not bination and restore competition; North Chinas a. after it. "The land at our die opened in these terms: For the realising fally the undeveloped the German Government in Unions b.
poesl," says the Frankfurter Papores of the economio carrying ability and power of men. One tervened to prevent competition Yangtszes Zeitung in a review of the Geron of the war and for the firm could compare the attention given and restore combination So- FIRE INSURANCES.
of cialists in Germany favoured China Fires b. man food supply probleme after guidance of our war economy into to any important piece
a peace economy, now statistical mechanism with that received by the formation of syndicstaa H. K. Fires. three years of war, bears enough data respecting German industry the average labourer. Each pisce because these made conditions of to yield the people if not plenti fal, at least enficient, food; barre required." In that appeal is re was constantly oiled and cared employment more stable and in- Ivealed the purpose of securing the for. Technical experts worked creased wages and the number of it is necessary to control affective economic organisation of continually on problems to inmen employed by expanding the Indos (Del.) rationally, to let nothing be wast Germany not only in war, but increase the catput of machines. industry. There was a differecos indos (Pref.) ed, and nothing held back. The droiding factor should be not the She se militarily pre Thousands of employers paid between the American trust and Shells buying capacity of individuals pared for this war; she must be little or no attention to the health the German syndicate; the syndi Ferries bat the requirements of the whole both militarily and economically of their employes. In mining cate or cartal did not destroy or
In Sugars nation." This newspaper admits Prepared for the next. Toward villages in the western part of absorb small projnoers, that food is scarcer and the this end the Government in America good drinking water was Americs, protective tariffs were Malabons amount of privation 10 be borne phrase the words of the appeal residents lived largely on canned favoured the formation of trusts; apparently receiving (10 pare- frequently not obtainable, sud attacked on the ground that they has became heavier during the third year of the war," bas ist referred to the whole food. Stomach sickness was er-in Germany, they were advocated Langkats claime that "a lack of necessarios: heads of all the commercial was much consequent loss of time boy went to school 240 daye in Tronohs
trength and influence of the ceedingly prevalent, and there for the same reason. The German Raubs and especially of food, is not a
asions, of all municipal and comand low efficiency. Life insurance ibe year; the American school Urais prospect restricted to Germany mercial administrations and their companies had long advocated year contained about 180 days. Oriental Cons. and her Allies; more or less the oficiale, and of the manufacturere, the importance of periodical The numerous technical and com- whole world is suffering from it, merobonte, individuel masters medical examination of persons mercial schools in Germany had and not less our enemies, though
and craftsmen. Nor has the noi considered sick, and even few counterparts in America, their frontiers are not closed and
Press shown German their tree with Overseas area ESIVE reticence Se to
any arged that provision should be
Japanese Dyes.- the made by the State for the The following notes on the of supply is aninterrupted."altimate purpose of this national free examination of persons an- formation of industrial companies The journal continues: "In
movement, which ie: To prepare able to bear the necessary in Japan since the outbreak of theen three years of FAT if bas become clear to the whole that Germany may be the better when the value of a bamay life the British Vice-Consul at Tokyo H. K. Hotels
for peace in war-time in order expense. The time might come the war have been furnished by world that Germany cannot be
prepared for war in peace-time, to the State would be appreciated (Mr. G. H. Phipps). Ia point of starved out, se car
To the Fossische Zeitung the acfficiently by legislators to lead numbere, the chemical industry H'phreys Est. thought and boastfully proclaims-clearest lesson taught by the them to provide laboratories and occupies the first place in recent Kloon Lands ed through the months of their" is that "in the fature de- corps of experts for the free developments. The chemical S'hai Lands b. leading statesmen from the very fenaire system of the German examination of indigent citizens. industry in Japan has shown West Points beginning of the war. And they Empire we must put alongside The universal cry at present was great expansion since the com- Reclamatious certainly will not succeed in do
oat plans for military and for more workmer, on the one mencement of the war, during ing so, considering the extension
nancial mobilisation, sourd hand, and more wages, on the which period at least 20 new Ewos plans for economic mobiliastion. "erquisition of rich and fraitfall
other. It was agreed that, if a companies have been formed, Kung Yiks territory." Broadly speaking, the other words, the Germany of great industrial conflict was to be with a combined capital of Shai Cottons the fature must be na econ- avoided after the world-war was approximately 30,050,000 yen. Yangtszepoos contention of most of the Germamically prepared for war as over, both Capital and Labour These new companies operate Orientals
tbif newspapers quoted in pablication as dealing with militarily and financially. As the light. The intereste
the Germany of the past we mast ses the situation in its true some 28 factories, and among “MISCELLANEOUS.
both were the chief productions are sulphate. Borneos problem.
"D. ia that it
journal quoted from puta it-identical, and neither could of ammonis, potassium chloride, China Light & P.b. was the breakdown all over should we be compelled in the succeed permanently without the caustic soda, bleaching powder, Providents Germans of the much vaunten fatare to defend the Fatherland other. The only chance for either nitre, sulphate of potash, pot-Dairy Farms **national genius for organis stion," and not anything in the by forme of arms, we must not lay in securing greater prodao sasiam carbonate, scdium sul Green Islands again abandon the necessary tion per man. He proceeded to phide, sodiom chloride, sodium H. K. Electrics nature of a food famine that was
economic transformation
M of cutline a bonus scheme which had peroxide, iodine, fatty and stearic, H. K. Içe Co., responsible for the people's enfer
wer purposes to been established in Colorado, aside, nitric acid, glycerine, oils, Ropes ings from food shortage. "Faulty industry for
protracted organisation is at the root of the with many contingencies. We tion of absenteeism, and went ante, phosphorus, etc. It is Trams, Peak, old s. processes beset having as its object the preven-dyes, drage, fertilizers, disinfect Steel Foundries n.
Trams, Low Level s. matter," saya the Lokalanzeiger met rather see to it that in the on to discuss and detail the in-estimated that there are 80 firms Trams, Peak, new s -blantly, and other newspapers ave equally outspoken in their criticentres of our economic life troduction of "efficiency methods" in Japan engaged in producing Laundries b. cism. In August laat the General such work as war demande shall into the industry. Concluding, potassium chloride, Large stocks U. Waterboats. b. Officer Commanding in the Marke done at the oatest-dove he averred that misers and other of this ermmodity sie on hand. Watsons isazed Order to the in systematically and with dae workers were housed better in the market is overstocked, and Wm. Powells
to the international Germany than in America, bat prices have dropped daring Morning Posts a babitants Berlin and the regard Marks forbidding the inhabit-We meet me ke such arrangements earnings were far higher in the now being produced in Japan; conditione prevailing at the time. that the output per man and the the present, year. Formelin is sota of urban areas making
As will ensure that forthwith latter country. When the Prus the output is devoted to home BENJAMIN & POTTS, what he called "hoarding both the requisite labour and the sian Minister of Commerce visited requirements. One company Share and General Brokers. peditions into the rural district- to purchase food direct from the necessary raw materiala ehall be the United States some years ago is producing soda by means of elee be reported that Americans were electricity, sad stated to be the
Princes Building. producera and bring it home with left where the are, r them. The Press comment on this transported
enemier
of cor economic area through the
this
of war economy.'
Centrals
Land Invest.
$125 t. 78
LANDS, HOTELS AND BUILDINGS.
b.
$90
.b.
$90
$3.
$90
b.
$3,50
H
$80 1. 70 $81 $115
COTTON MILLS,
b.
172
n.
t. 15,80
A.
t.119
1.
t. 5,80
9.
t. 10
861
$3,57
b.
$7.50
b.
$26
:
sa.
9. $7,50
b.
$18
b-
$150
$20
BANQUE INDUSTRIELLE
DE CHINE.
行銀業實法中
Capital (34 Paid up) Francs 45,000,000 (1/3 of the Capital subscribed by the Government of the Chinese Republic.)
Chairman of the
Board of Directors Andre Berthelot. General Manager A. J. Pernotte.
HEAD OFFICE:
74 Rue Saint Lasare, PAKIS BRANCHES: FEKING SHANGHAL, TIENTSIN HONGKONG. and SAIGON. BANKERS.
In FRANCE: Société Générale peux favoriser le Développement du Com- merce et de l'Industrie en Franes. In LONDON: London County & Wait-
minater Bank, Ltd.
In NEW YORK: Redmond & CA In ITALY: Banca Commerciale Italiana. Telegraphic Address: CHIBANKIND.
Interest allowed on Current Accounts and Fixed Deposita. Terma co application. Every description of Banking and Exchange? business transacted.
M. ROUET DE JOURNEL, Manager. HONGKONG BRANCH: Queen's Puilding.
Tel No. 2332 5. Chater Road. |Hongkong, 20th August, 1917.
NOTICES.
NOTICE.
PEAK TRAMWAY CO.
LE
LIMITED.
TIME TABLE.
$10
$6.40
$83
cts, 90
$3
$12
8.
$5,60
5.
$8,50
4.80 1.36. AN
29
CORRECTED TO NOON WEDNESORT
DECEMBER, 19, 1917,,,
SA. 10 18.00 30.0 1185 AM 10
L457 to
100A 10.00 AM 11.00 ISPL
1.1.
...
LIST.K
6.30 7.3.
BANKS
HONGKONG &8BANGHFI-
BANKING CORPORA
TION, Paid-up Capital ...................$15,000.00 RESERVE FUNDS:
Sterling
£1,500,000 at 21-
$15,000,000
Silver...$18,500,000
Reserve Liability of
$33 500,00€
Proprietors.$15,000,001
COURT OF DIRECTORS.
Zen. Han,
BoyoDepare Chairtea t... Anton, F. C. Bunches, Irg
£*, Gudday, E. V. D. Parr, Bag, W. L. Pattanden, Baqa-
CHIEF MAHADES Bongbong-N.J. Stakb, ag
MANAGER
.P.ES· Dodwell-Phaltmar
4. H Compton, Ex
Sangha G..Stepban, E Londen Masters-London County and
Westminster Bank, Limited
Hongkong-Interest Allowed
Da Carrent Accounts at the rase of Spee cont. pm
ensem on the daily balance
ON FIRED DEPOSITI
For 3 months, Jj per caže, pHE BOOKS. For 6 months. 34 per cant, per ansam
olapur Ceal per ASDEN,
N. J. STABB.
Chief Managı zə
HONGKONG SAVINGS BANK THE Boxiness of the abwe Bank is conduct "by HONGKONG AND SHANGHAI BANKING
CORPORATION.
Kalas may be obtained of spaikation! INTEREST or deposits is wilować je zne mIN- Imom monthly balances at Fat per cada por Andnus. Depositers may transfer, it their option, beince of 3:00 or more to the Hourknag and Shanghet Back to be placed on FIXED DEPORất •- cent, per angsa.
For the Hongkong and Shanghai Banking Corpora tlas
N. J. STABB,
Chief Madager.
THE CHARTERED BANK O INDIA, AUSTRALIA AND CHINA
incorporated by Royal Charter B
PEAD OFFICE-LONDON. PAID UP CAPITAL, 2000 BASERVE FUND
RESERVE LIABILITY OF2, 2003, 000
PROPRIETORS
FOREIGN EXCHANGE and General Bankm.
business transacted. CURRENT ACCOUNTS-opened and FIKRI DEPOSITS eived for 1 year or shorter periods, a rates which will be quoted on application,
T. C. DOWNING,
Manage Hongkong, 11th April 1912
THE MERCANTILE BANK OF INDIA, LIMITED.
Head Office 15, Gracechurc Street, London.
Authorised Capital ......£1,300.00
Subscribed
Paid Up Beserve Fund
*
BANKERS.
1,125,000
562,500 600,00
The Mark of England, The Landon Julut Suck Bank, këmishi
BRANCH -- Lom Lay
Calcutta
Colema
Delhi
HOT JA ME13)
Galle
Hongkong
How ab
IS MIX.
114.
IS MIX.
RIGHT CAK8.
1.50 1.30 and 9 r.x 1.40 4
JANG PAL VVery hit boa1.
1100 PAC, totLA ÞY avery quarter of La Loze SUNDAYS:
10.50 AM
Tel. address: Broker.
11:00 AM
14.30 AM 10
IL Koan
to 19
1.00 T
EXCHANGE.
SELLING.
to wbere they" very careless about the life and first concern is Japan to use an Order is that the food is there will be required for the purpose health of the working classes." electrical proceses in this con-
There was
a marked tendency nection. A company is man.. and if it cannot be obtained in the
-Germany v. U.S.A.
towards a large reduction in the ufacturing indirect dyes ex- towns it only proves that the authorities have been unable to the members of the Institution of to-day, caused mainly by the while direct dyes are to be pro At the 28th ancosl meeting of accident-rate in all industries clusively for domestic needs, lay hands on it, and that their Mining Engineere, held in New. volaminous organisation is at fault." Again, castle recently, a paper by Mr. America
criticism, bat daced for the export trade. This T/T2/1134 2/11/8 Vossische Zeitung points out the Sanel. Dean we read comparing leeg about the
was still very care. company is ander the axis of the Demand
31- 30 dis.....................200 health failure of the very first of these American and European coalita workers. American exporters claims to have produced 80 of Government. Another company
60-d/s................... 31-14 restrictive meaearet the Maximining conditione. He stated of
4 m/s.........
31-34 cosl" mum Price Law-in its purpose, that the American employer by the fact of the tonnage of formerly imported into Japs T/T Singapore nem
were handicapped altramarine blue equal to that T/T Shanghai... which was to suppress extortion continued to demand ever greater American vestela engaged in from Gerr any. "Today," says that journal," production per man. As the war overseas trading being lees now recognise that maximum price regulations are merely hafts with progreed the labour shortage than it was 100 years ago. The
becoming W&A
more scate. very near future was expected to
Driving & Diesel engine with T/T San Francis- eee s vast improvement in that a made from pest is one of the T/T J878 16134
co & New Yorkj direction. As a result of ecientific developments of the coal and oil T/T Marks. Nom management applied to macu shortage in Denmark. A large T/T Franca. 4.09 ministration, Germany had made ounces this new adeptation."
For ONE WEEK
Gas from Peat.
Nom 12736 13744 T/T Japan T/T India....................... Nom. Demand, India
Nom.
71
only facture, saleamanship and ad engine shop in Copenhagen an Demand, Paris...... 4.99/2
SPECIAL SHOW
EVENING. DRESSES
at
MAISON LILY
This Establishment will be open on Saturday afternoons of the 8th, 15th and 22nd..
You be the Judge
BUYING.
m/s. L/C........ 3/1 4 m/s D/P.....
****** 3/13/ 6 m/s. LO... 3/13/
30 d/s. Sydney &Į
Melbourne 30'd/s. San Franc-)
3/134
isco &New York/
7214
4 m/s. Marks
Nom
4.24
4 m/s. France....... 6 m/s. France...... 4.29 Demand, Germany.. Demand, New York. Tig T/T Bombayudu - Demand, Boinbay... Nom. T/T Calcutta ......................... Demand, Calcutta... Nom. Domand, Manila... 142 Demand, Singapore. 12734
From any point that you wish to Judge On Haiphong 14% prem
it, PETER DAWSON WHISKY is all could be asked.
that
There is a good reason for the many friends it has won.
STOCKED BY ALL DEALERS.
BOLE AGENTS:
H. RUTTONJEE & SON,
WINE AND SPIRIT, MERCHANTS.
prom.
f
On Baigon TVA. 1%- on Bangkok........ 5196 Sovereign 6.60 Kom †Gold Leaf, per oz... 44.20°
43 Bar Silver, per 02 'SUBSIDIARY COINS,”
DISCOUNT PER $100: Chinese... 20 cts. pieces 71% dis Chinese...107 Hongkong 20 cents, c.
per.
$ 10
·8.30 2.36
£.00 $34
10 May
RYKST 14, MIN
15 N
£.8 7.X. 1.00 2. HIGHT CAFE sa na Visak Daya
KM 230, 30
SATURDATE:
Bows Car at Midnight
BERCIAL
By 'Arrangement de Company's Özien,
Alexandre Holida
Bu VORGI KOL
*Sason and punch schatz arxilable top ati 262e not already full, vanning at the time sletad in the Company's time tahlil, but 1,01 fursta olma ORTY, Dân, be obtained on appikat at the Other :---No fanach ticket map ta
Laund
in Bank Bout or by Cayce of Corpg"}"> | order representing Back Noies
POEN D. HCMPHREYS ECON.
THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1,250,000.)
Lamen on Morsesgn of Hons Property, a
MOGA TEORÍTAČ on Storage.
LAURI WAĜO Ex les Provident System.
TRIPES, FECUTOR OF WELLE, ASTORNEY, ÁR: Undertaken med "hawind. (Raise and Parenĵazy in application)
'SHIWAN, TOMES & CO.,
General MADAROIS.
To the Office od
MARTIN'S
PAPIOL & STEEL
PILLS
Juan Ramady Sex all faròdularščio, Mustn'), 15. A ka tas pousa SOKAK DIN SET Ben Math 45 min Lepopalneity of the system
id Grace, karzem. There Moka mali. All Chamiata and Stoves sell them ) Skovechowch Sau World, or grash Tree_K= ? JAUZIK, GMME, KORINGporn, ZAG,
MARTIN'S
APIOL &STEEL "PRZEPILIS
Kandy
Pon Leak (Maurities)
Karachi
Kota Bhar
Kale Lemps?
Madras
Pessag
Rasgoos
Stanghal
Slogapore
འ་
HONGKONG BRANCH.
Every Zescription of Backing and MacEL.OZI balness transacted.
Interess allowed on Current Accounts at spw£ ®£< ger sunum 9a Bily Balances, and an Flued Depot al rates which may be ascertained on application
C. CHAMPKIN,
Acting Marage:
INTERNATIONAL BANKING
CORPORATION,
HEAD OFFICE:
13. WE St, Kew York
"LONDON OFFICE:
Kishopsgate, L CAPITAL & SURPLUS US $6,500,001 UNDIVIDED PROFITS UR $1,348,00
BOMBAY
CALCUTTA CANTON
CEBU. COLOS
D.B. $7.848,000.
BRAN HRS -
LONDON, MANILA MEDELLIN
PANAMA PF KING. FUERTO
BANKOW HONGKONG PLATA 1OB2.
SAN PEDRO
DE MAYORIS, HANTO DOMINse SAN FRANCISCO SHANGHAI FINGAPORE TIENTSIN -- УСКОНАМА
Thinach. He flezK YORK SATIONAL CITY BANK OF NEW the Bank is able to offers Survin-of the Brisches of that Institution. Cars So Amerka, and sisewbern, namelyi
BAHIA, BUENOS AIRES, DENOL, BAFANA MONTEVIDEO," RIO DE JANEIRO SANTIAGO DE CUBA, SANTOS PAULO, PETROGRAD VALPARAISO,
All kinds of FOREIGN & LOCAL BANKING BUSINESS fracted.
CURRENT ACCOUNTS opened and FIXEL DEPOSITS Pecived at races to be escenaided application.
GEORGE HOO0. Manage
Hongkong, 26th September, 1816
THE
JOKOHAMA SPECIE BANK. LIMITED.
Established 1880 Authorised Capital Yen 48.000,00% Paid-up Capital... 36,000,0 Reserve Fund
22,100,00
"
sad Office.-YOKOHAMA
Branches and
Antung-Helen
Bombay
Calcutta
Agencies Kowalway New Yor
Clarks
Faking
Broj Pon
Dakren
Hardz
Hinkowḥ,
Konbinis
お
Kobe
LANG-TROX
Berita
Tieblin
北
Los Angelos
fristent allowed en Current Asconută. Dá
received for fixed perioda at rules to be obelmas
on kyplication,
FISHI ONO, Manager Honeking, 10th October, 1917.