THE HONGKONG TELEGRAPH, THURSDAY, DECEMBER 20, 1917.

THE DOWNS, PIGS AND given his eyes for love of his MR. ASQUITH ON AIR

TRACTORS.

country), will strike the tonsin of

enspended pail, and frem innumerable hidden pathe in the woodland will assemble hundrede

diæval and Modern Farming, of pigs, rushing up expecting to

med raliem

up

.

receive their meagre, but anfi. folent, daily silowapon of purchas-

ed daily food of 3lb. of pollarda

leaves.

warms the interior.

a

RAIDS..

"They Do Not Alarm Us in. the Lesst."

Sa¤Bége,

bin

COMMERCIAL NEWS,

Gold.

The following

.:

is to be

hta been

HONGKONG SHARE REPORT.

& SELLERS; BA-SALES;* 'R-BUYERS; N.--NOMINALM

OFFICIAL PRICES. BANKS.

b.

. 'II

SHIPPING.

Steamboats

Sugars

Malabous

BANKS

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and Banking Business

General fransacted.

INTEREST ON FIXED DEPOSITS:

Chief Manager,

行銀業實法中

Capital (4 Paid up) Frans 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:

$800

MARINE INSURANCES.

.b.

b.

$300 t. 115 $735 Lex 73 $2:5

$510

"$77

For 3 Months 3% per annum.

For 6 Months 4% per annum.

$18

b.

Indos (Pref.)

b.

$165 $331

For 12 Months 43% per annum

b.

113/-

LOOK POON SHAN; -

До

$281

REFINERIES,

#93 $36

MINING

BANQUE INDUSTRIELLE DE CHINE.

40/-

До

t.16

54.

1.

4.

$2.80

31/3

30-

28-

DOCKS, WHARVES, GODOWNS, &C.

S'hai Docks g.

$99 $125 t. 73

Centrals

LANDS, HOTELS AND BUILDINGS.

b.

b.

$90 $90

52.

$90

b.

$5,50.

1

80

b.

70

a.

- $81 $115

1.

COTTON MILLS,

t. 175 t. 15,80

n.

t.119 b. 6.80

B.

t. 40

.b.

$6.75

$8,5)

b.

$7,50

b...

#26

S.

$7,50

$48

"$150

H.K. Hotels. Land Invest H'phreys Est. S'hai Lands K'loon Lands West Points Reclamations

· received from › Messrs. Samuel, *Montague & Co. dated London, November 1-The Bank of Eng land gold reserve against ite note An interesting review of airimus ebows an increase of 8182. In the Daily Chronicle, Mr. and nat-cake, for they have to work and air raids on London 950, as compared with last week'e F. E. Green, writes:-

find the rest of their living on was made by - Argaith in return. The Federal Reserve Drohling, in Snesex, is the fallen muis and acorns opening an aircraft exhibition at Board of the United States took H. K. & S. Banks 8. ouricualy fascinating place. One and on the roots of tross, Leeds. The present type of air-care to emphasis in its letter to find an atmosphere here of For shelter there are little bats craft (be said) hes now booms the Federal Reserve Bank of New Cantons

well of made of basal-boughs, where an indispensable part of the Tork (quoted in our letter North Chinas modernity. Mount the breezy rows dan enter wben about to operations of war. I see nothing of last week) that the principal talons dowas to the top of the Beacon ferrow; bat so much do pigs love in the Zappalin, savs, perhaps, of maintaining internal gold Yangtszes and you will find the shepherd, the open air that the sows seldom for secating purposes. It has payments wha not iny FIRE INSURANCES. either an socient man or a youth care to bring their young into the turned out, in my judgment, to be way to

be affected by ita China Fires with bis dog at his side and world save under a canopy of Bat the captive balloon (the gold. The letter continued as

objection to the earmarking of H.K. Fires ghastly failure. his prehistorio crock in hia hand, watching bis flocks by

‚” as the soldiers osll it) | follows :-" It must be under- day and folding them in the The wood is not only a summer has proved a valuable adjunct in stood, however, that say restric- Douglases sleepy hollows by night. Go a resort for pige, but a winter home, these days to any considerable tions which may be placed upon Indos (Del litle farther along the wind 100, for here they stayed all is fighting force. Over a week ago the exportation or earmarking of swept heights and you will find winter, excepting those where I was somewhere between Ypres gold must in no way affect the Shells the self-binder besting the air were driven into the extremely and the Messines Ridge, near Payment in gold whenever Ferries with its weird arme, catting and well-made modern piggeries to where the eplendid fighting is required, of any obligations pay- binding wheat grown on landfarten for the batsber; and one going on to-day, and I saw in the able in gold within the United which within the memory of of these piggeries, I may men air some twelve or fifteen of these Stater, whether due to domestio living man has never known the tion, has a front made entirely of captive balloons, all making their or foreign holders, excepting plough. Wander amid the folde glass, through which the sun beervations at different altitudes, enemy holders, the regula of the rolling Downs and you

hesrily shelled at times, though tons sffecting only

gold Kailans will find cats being barrested Outside the confines of the unsucessfully, by the Germans, which

shipped Langkats deeply-shaded woods, in the open and on obalky soil which has had its

esch protected in ose outside of the United States or to Raubs thin, tang orast torn up by fielda which look on to the medice of disaster by its parachute. It be earmarked for foreign so Urais

Tronohs the caterpillar plough which val conditions of pig-keeping into was a wonderful sight,

count." The Times correspond-Oriental Cons. bae crawled its

a scene of the most up-to-date way

Even more remarkable, and eat in New York ander date these

method of modern farming. Here more rapid raid has been the October 30, states: "A delega heights after traversing the Atlantic in the you will see strange looking development of the aeroplane, tion from Canadian Bankers be hold of a vessel! This you will machines at work, ripping up The Dake of Wellington was arranged with the Federal Re H.K. Wharves s Sad on Standean Farm, the pro and pulverising praen fields for once asked--I think it

was serva Bosrd at Washington for the Kowloon Docks sa perty of Mr. Abraham Fels, who, ext year's harvesting. There i

old sgehat had shipment of limited amounts of like his brother Joseph, has found are the experimental tractors sent been his greatest difficulty a gold to Canada from time to time satisfaction in pastoral paranite.to Mr. Edge's farm for trial, and a general, and he said, "Ise needed to correct the exchange Walk sorose to an adjining farm one can trathfully es that any have spent all my life in trying situation,

Canada bas large and you will see picture que tractor that passed through the to find out what was going on balsross here, which are being English girls, so in the time of ordeal of this soft adhesive clay on the other side of the hill." His added to by sales of grain bills." should be fit for use anywhere in successors, who command the Bath, tossing sheaves into the

The Shanghai Markets. corn-waio, bilet in the black thie country..

Piece Oooda :-Quiet but fm. simies to-day, have no such an- yerd are German prisoners from The tractor which interested riety, because the acroplane, with The market is again overshadow Lowes Geal, throwing sheaves me most was a Ford tractor its photographic apparatus, and by the political strife in the from the wagon on to the stock. weighing only one and three is wireless, and its capacity to North, and business is for the Down in the valley lies quarter tops, which can be relied soar to enormous heights, is able moment practically at a standstill. Ditobling, where you can boy aapon to plough three acres in an to provide the general and his So far the new Cabinet at Peking Kung Yiks nicely printed edition of Cobbett's hour at a cost of 3a. 93. for three staff with every feature of contour has been unable to bring about a "Cottage Economy," with galions of parafin. When one and of the diaposition of the reconciliation.

Aside from the Yangtszepoos

S'hai Cottons. S. prefice by Mr. G. K. Chesterton, remembers that as a rule it coste enemy.

differences between the Northern Orientals for half-a-crown from Mr. Douglas 148. a sore to get land ploughed Equally important, if not more and Southern factions, there are Pepler, who on a band-press and if you have to hire a plough, important, in these days of a number of individua's, who, Borneos

MISCELLANEOUS. an hand-made paper printe little hores and man, these tractors artillery warfare, is the service from personal ambition, are caus China Light & P.b. books about sainta and derila, abould be invaluable to small which the seroplane renders to ing trouble. The River trade is and songs of freedom for the farmers se

Providents well as to large the guna, which, with its aid, are practically stopped, owing to the Dairy Farms English peasantry, and on a small farmers. The cost in £125. able to aim with precision at fighting at Tochow on the Yang'z› Green Islands holding of 20 odd acres you will It ia very reliable, I am slmost impossible targets, and above Hankow. Merchants from H. K. Electrics b. find him mowing his corn with a told, ja accomplishing its from almost inconceivable ranges, the province of Szechuan are raid H. K. Ice Co., scythe. Cross the common and three acrea in an hour with its It is no exaggeration to say that to bave something like Tis. Ropes you will come to a little house two farrow plough at a depth the Air Service has become the 3,000 000 in the banks here with teel Foundries with an orchard and a van drawn of seven inches. But it is when eyes of the Army, and to a large which to parcbare imports, but Trams, Low Levels. up ander the shelter of trees, used for cultivating or harrowing extent also of the Navy.

no business can be done. In the Trams, Peak, olds. This is the home of Me. Eric Gill, it shows to beat advantage. When There are several forms of early part of the week, before Trams, Peak, new s. the soulptor, who cute wood harrowing it can travel at a speed serial activity, on which those new reached Shanghai of the U. Waterboats b.

Laundries blocks for Mr. Pepler and adorns of 15 miles an hour, aing who lived in London have become fighting abored Hankow, the the Catholic cathedral at West gallon of oil an hour. It took a daily and nightly familiar. Bet market showed some life. At the Win. Powells

Watsons minister with beautiful statuary. farm hand only 20 minutes to the raids do not alarm them in Kangping auction on Tuesday Morning Posts" n.

Then, by taking the road north-learn how to work oas of these the least. They have complete the market was fairly steady. east you will enter the domain of machines.

confidence in the powers of their Greye were up, with black and CORRECTED TO RODE THURSDAY Mr.S. F. Edge through a gorgeous On the average the ordinary airmen, and of our defences to whites steady. Tientsin and local

DECEMBER 20, 1917, gateway. And it is on Mr. Edse's tractor for deep ploughing takes keep the raiders at bay. baying was seeD.

BENJAMIN & POTTS, There was farm you will find medievaliem four gallons to the sore, and with -and-modernity-in-farm-methode depreciation-and-all-incidentale without feelings fervent admira-200-packages-were-offered-Bat

You cannot visit this exhibition little inquiry for white shirtings; Share and General Brokers,

Princes Building............... cheek by jowl As you enter on acre could not be ploughed tion for the gallant men who are on the following day the news Tel, address: Broker. dense copse of hazel, strongly deep on heavy land under £1. risking their lives every day and of the fighting caused the market fenced with barbed wire, you will The equivalent ploughing with every night in the most hazardone to alump and this coupled with hear strange sounda of granting, borses, however, if it were possi-aerTice, and to whose skill and the curtailment of exports and which makes you think of herds of ble to plough to the same depth, devotion the Army and the Navy the money tightness stopped buy- swine, as in ancient times, grab-would cost at least 30a, per acre. and the country and the Empire ing at the Ewo sale. Black bing for beech nuts, and scorns, I understand the 16,000 of these all owe an immeasurable debt of Italians were down 31 mace,T/T and roots. And you will not be tractors have been ordered by the gratitude. wrong, for in this woodland pig Government. Let us bopo they paradice of 110 acres roam at their will all be adequately used, for aweet will 800 large black pige, there are complaints in both -besides a number of breeding cows Surrey and Sussex that the and boars,

Siam's Military Mission.

Ewos

$29

74 Rue Saint Lamare, PARIS.

BRANCHES: PEKING. SHANGHAL?TIENTSEN HONGKONG, and SAIGON, BANKERS.

In FRANCE: Société Générale pour favoriser le Développement du Com. merce et de l'Industrie en France.

In LONDON:, London County"& West-

minater Bank, Ltd.

Ia NEW YORK: Redmond & Co. In ITALY: Banca Commerciale Italiana. Telegraphic Add: CHIBANKIND.

Interest allowed on Current Accounts and Fixed Deposita. Terms en application. Every description of Banking and Exchange business transacted.

H. BOUET DE JOURNEL, Manager. HONGKONG HRANCH: [Queen's Building, ..Tel. No. 2352

5. Chater Road. Hongkong, 20th August, 1917.

"

NOTICES.

NOTICE,

EAK TRAMWAY CO.

LIMITED.

TIME TABLE.

BANKS HONGKONG & SHANGHAI

BANKING CORPUL A-

STION. Paid-up Capital...$35,000,00 RESERVE FUNDS (

Sterling

.

£1,500,000 at 2/

-$15,000,000 *

Silver $18,500,000

$33 509,694

Reserve Liability of

Proprietors....$15,000,00€ COURT OF DIRECTORE.

Han, Mr. S. Dodwell -habuar, Hoo. Kr.7.K. Relyons-Deputy Charmi Hon Mr... Anton, F. Batchm, meg, d 5. T. X. Rckiza, In

E. Y. D. Parr, Eg W. L. Fasades, legum

&

Compre,

Uxim XH

Bonghong-N. J. Beald, Hon

MAZIGER

Shanghai G, Berpes, Zag London Bankars--Lendon Corner and

Wesimizwer Bank,

med

Hongkong-Interest Allowed

On Forrent Account at the rate of Fw crot, pa

anatim on the daily balance

ON FILED DEPOSITI. J

For 1 months #per DRAT, DEZ ARABIL Fur mothe, I per cass, par Bak

or is maths per real, paZ BAZEM,

N. J. STABB.

Chief Manag

HONGKONG SAVINGS BANK

THE Buale 'bi the above Bank: la co the HONGKONG AND SHANGHAI PANKING CORPORATION.". Rules may be obtained on applicatioại. INTEREST on deposits is allowed pu'the mes

fmum monthly balzac fi per CA PARADIS

Depositors may transfer, 32 their options Siance of 100 or more to the Hongfag and Shanghal Bank 20 be placed na FIXED DEPORTS, GOAL. DET BHAYO.

For the Hongkong and Shanghai Banking Corpora dos

N. J. STABB,

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA ANT CHINA

Incorporated by Eoyal Charter Lys

BRAD OFFICE-LONDON,

PAID UP CAPITAL

RESERVE FUND.....

1.200, 005

RESERVE LABekty (punkt, pon, co

PROPRIETORS

FOREIGN

ICHANGE and General Zapp bán.. business transacted. CURRENT ACCOUNTS opened sat" FIXE) DEPOSITS received for 1 year or shorter perioda, 7 rates which will be quoted on application,

T. C. DOWNING,

Manage Hongkong. 11th April. 1912.

THE MERCANTILE BANK OJ INDIA, LIMITED.

Head Office 15, Gracecharch Street, Lordon, Authorised Capital ......£1,500,000 Subscribed

Paid Up

ED

Reserve Fund 1941

1,125,000

363,500

600,00

BANKERS: The Best of England The London ictal Stack Bank, Link BRANCHES

Bombay

Calcutta

Colomb

Delh

BAX

RVY 15 MIN.

Galle

19.00 4.36:

Hengkong

17AM.

Kewish

Kandy

$10

$6,40

881

cta. 90

$3

$12

9.

$5,60

1. Y

13 Mix,

X

10 x

8.

$8.50 $29

6.30 PM

b.

EXCHANGE.

SELLING.

2/1134" 2/117% 3)- 31-16 31-14 Nom

T/T India

Nom.

Nom.

71

16134

Nom.

4.09

***** $.1956

3/1

3/136

whites 2 mace sad greyst mece. Damsud The offering at this sale was 984 30 ds. packages. The same conditions 60 ₫/n.......... exiated at the Yuenfong sale on 4./6........ Cooply Council

His Majesty the King of Siam Thursday, when a lifeless marke: T/T Shanghai..

T/T Singapore "1273% Agricultursi has been pleased to state that a was in evidence. Greya and T/T Japan ........... 13714 In the middle of the wood, Hr. Committee are not doing their Military Mission will proceed to

whites were down a mace, while Edge's courteous yourg secretary, best to speed either the horse Earope to sot in union with the black were down 15 esndareens. Demand, India Mr. Noakes (who has very nearly plough or the tractor plough. Allies in the prosecation of the The cfixing was 150 packages. T/T San Francis-1

The clearances war. Major General Phya Bijai

fair. were

co & New York Janriddhi, General Officer Com American Colton: -Weaker. T/T Java manding the 4th Division of the American cotton is showing a TT Marks Army has been appointed Chief weaker tendency owing to the T/T Francs of the Military Mission, and will report that the United States Demand, Paris have the power of command over Government threatens to fix the

BUYING. the Aviation Corps to be sent to rates. The quotation on the New 4 m/s.” 1/0..

Yak exchange showed a decline} 4 m/s. D/P........................ the Western front. The Military of 145 points from the highest 6 m/s L/C... 3/136 Mission will be directly under the gare on Tuesday morning. On 303/s. Bydney & General Staf Department, Siam,

Melbourne...... Tuesday evening the market jamped 29 points, the closing

30 ds. San Franc-1

7214 isoo & NewYork/ qactation' for January cotton on We are not getting the land that day being 2884 centr. m/s. Francs ......

4 m/s. Marks Nom.

424 tarned over for next year's Indian Cotton-Wesker. In 6 m/s. France...... harvest that we ought to. The sympathy with the American Demand, Germany.

For

ONE WEEK only

SPECIAL SHOW

of

3/196

4.29

EVENING DRESSES Board of Agricaliare's inspectore market, Indian cotton shows a Demand, New York. 711⁄4

at

MAISON LILY

This Establishment will be open on Saturday afternoons of the 8th, 15th and 22nd.

www

should visit all backward counties decline. Brosch fatures are report T/T Bombay and make an example of those ed under 511, and Bengals at Demand, Bombay... Nom farmers who are not putting their 383. Indian Yarns: The local T/T Calcutta backs into the work.

market is weaker owing to the Demand, Calcutta... Nom,

Demand, Manila... 142 Stepping from the ploughed-up middleman selling in consequence gran field into the well kept cattle of money tightness. Prices have Demand, Singapore, 127% ched you come once again into declined Tis, 4 to 5 since last On Saigon

Or Haiphong H %% prem touch with modernity in beef cul-week. Few sales were made in On Bangkok........ ture. Here you will find a sbort-Japanese yarüs during the week. Bovereign horn ball which Mr. Edge bought Chinese Coston - Wesker. Gold Leaf, per oz. 44.20 for 1,250 guinean when it' was s❘ Chinese cotton was woskey this Bar Silver, por 02 €3

prem.

5156 6.60 Nom

six months old calf, and for which week, principally through the suBSIDIARY COINS, he has refneed the handsome wam tightness of money and the of 4,000 guiness. After this it existing political troublew. The is useless for farmers to complain quotations for the coal stepe that the prodporion of beaf does are: Tungobom, Tis. 31, Shanghai not pay under Lord Rhonddwe Tin. 31, Nexo, Tle. 29 50, Ng war-time regulations.

po, Tiz. 29, Taichong, Tls. 30,50 -

Chinese... 20 ota, pieces 612%, dis. DISCOUNT FER 1100:

hisse... 10 Hongkong 20 cents, c.

2848830

2.30 F.G NIGHT CARS.

18 FX and 1 ra 130

11:30 PM. #my balf boar.

LLOD KM, 10 2.1.48 PM.

STRY GRANDAs of an hour.

BUNDAYE:

1000 AX

10 May

to

1984 Noom

2000 MOCK SO 100 PX

10 M4px.

$30.

13 MIN.

2. F.K.

10 Max.

6.30 P

10

10 Ma

- MEGET CARE 60 on Week

HAZUKDATE:

Bows Carat Midnigha

SPECIAL CANS.

By Arrangenzant at the Coupezja Office, Alexandra Bafdiber

· Dee Voeux Bond

* Basaco and pinch tiekata available 10+ 23 sace noi săready fail: staning at the dizze mazed in the Dogopany's time tables, but not for special mats, aan be obtained en application at the Company's Office :-No Season ticket wil be fisadi waść) payment therefor has been made En Bank Notes or by Chaque or Cotapradore, oraz zwpresenting Bank No

JOENE. HUMPARITE &00,$

THE CHINA PROVIDENT 'LOAN AND MORTGAGE

CO. LTD.

(Capital Paid up...$1,250,000.) Low on Mortgage of Eonas Preparty, de GOČE 20% ved ori burBER. Abernova imado en Merchandise

i

· Lekas Teade den Rom Srovišena Systems ––

TRUSTEE SIECUTOR OF WILLE ATTOREXT, de Lindessalon and Evosmieć. Chaban and Parietary on aprison)

SHEWAN, TOMES & CO.,

General Manarors

MARTIN'S

VAPIOL &STEEL

MARTIN'S

PAPIOLASTEEL SIPILIS

Port Louis (Maricles,}"

Karach

-Kent Baarf

Kuala Lumput

Madras

Pug

Rangoo

bangbai

Singapor

HONGKONG BRANCH.

Every description of Basking and Excha basics craniacted.

Interess allowed on Current Lecounts at upaTOR per shum on Dally Balascasťand vo Fixed Depser cales which may be sscerisland on application

C. CHAMPKIN,

Acting Manager

“INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE:

35. Wall St., New York.

LONDON OFFICE: 1. Bishopstate. EC. CAPITAL SURPIUS E. $5,500,001 UNDIVIDED PROFITS C.8. $1,348,00

U.S. $7,848,00

BRAN HES:--

BOHRAY CALCUTTA

CANTON

LONDON MANILA MEDELLIN

CEBU. COLOR

FFXING.

HANKOW

FAN PEDRO

DE MAYORIS. SANTO DOMINAT

PAKAMA SAN FRANCISCO

SHANGHAI T

PUERTO

HOXGKONG PLATA. KOBE

SINGAPORI TIENTSIN YOKOHAMA See Its eles afiliation NATIONAL CITY BANK OF NEW YORK, with Tos

ita Bank is ble to oder tre Services" of the Branches of that fustication in Cors Scoth America, and phewbers, amely

BABIA, BUENOS AIRES, GENOA, HA FASA' MONTEVIDEO, RIO DE SANTIAGO DE CUBA, FANTOS,

JASZIRD PAULO, PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted.

CURRENT ACCOUNTS oped and TEL DEPOSITS Facefyrdal sales to be ascertained ev application,

GEORGE HOGG, Managm

Hongkong, 26th September, 1814

THE

YOKOHAMA SPECIE BANI

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,00 Paid-up Capital

Reserve Fund......

36,000,000

22.100,001

Fead Office.-YOKOHAMA

Brunstisne (and

Anbang-Hafen

Bombay

-Changchun

Deiren

Interest Allowed en Currant Ame received for dzać pazdodu AA VEĽOU SO I

- va Application,

FISHI ONO, Mansges Honeking. 10th October 1917.

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