COMMERCIAL NEWS.
Hankow Trade.
India at the÷rata“c
to
10
THE HONGKONG TELEGRAPH, WEDNESDAY, MARCH 20, 1918.
15 THROUGH GERMAN EYES: much Bittention a territorial HONGKONG SHARE
REPORT:
6-BELLERS; SA—BALES;
B-BUYERS;"N.~~KOMINAL.
OFFICIAL PRICES.
* BANKS ****
$320
Cantons
Unions
MARINE INSURANCES.
b.
t. 120
$300
મ
BANKS
BANK OF CANTON, LIMITED.
HEAD OFFICE, HONGKONG
-FOREIGN EXCHANGE and General Banking Business Fransacted.
INTEREST ON FIXED
DEPOSITS:
$350
SHIPPING.
877. 018 8158
For 3 Months 3% par annum.
For 6 Months 4% per annum.
120/-
n
28.
For 12 Months 41% per annum LOOK POON SHAN;
Chief Manager,
REFINERIES.
b. & s
$80
b.
$285
MINING
̈40/-
141
霉等
b.
33/-
20% 271-
to the pound sterling, or ona
sims, but a certain amount of rupec-7 53344 grains troy of! The Ludendorff - Crisis." information-fuds its way into the The week's circular of the gold. On September 26 this is It seeme evident from the papers conference of Hakow British Chamber of wat altered to Ra 1450 to the
the Radical Party of Wartiem«, German gewepapers that have berg which was baldstat Commerce for March 6 alates :-Doood sterling, or one rape
Stuttgart, Herr Liesching, who Export botices continues vary 7.72521 graire troy of fine gold, reached London that the excite atagunt, American matkats are The British sovereign is legalment about Ludendorf a supposed
resignation was created fees by reported on economio questions, said that even the Radicale dall, while, as regarde Europe, tender in Indis, and acvereigns |
will whence demand is excellent the imported and sold to the Gover the Fan-germans than by the still hope that Germange
Governmerl=aith the object situation continues to preclude ment are therefore immediately of strengthening its own hands, in raw materials or half mani-
btain a war indemnity, to be paid H. K. & S. Banks 8, :* - $615 but purposes; busineda. Locally mattare are railable for all purpos
He added that, equally as dull, the Chinese the active trade demand for coin and warning the Freas and satured goods.
public against dangerous cri
il this proves to be impossible, showing but little inclination to to finance heary movements of resume work after the Ohinese exports and the quirements of ticism, says the Times of Janu
Germany should, in making "North Chinas New Year bolidays.
maksay 15. The offis'al dementi was Government Cotton the
Yangtazes
88. ex 73 $320 ridiaakvely dieportionate and peace by sgreement," endeavour is firm with small stocks and disbursements
troops
FIRE INSURANCES. the Press Batesa fxded the to arrange currency loana in Fmall arrivals. Gostikine, tallow, impose a considerable strain on
nemy countries, and especially
China Fires b. hides and good oll are similar the Government of India' metallic papers with historical rein the United States. lyffeated by the scarcity of resources and make it desirable to miniscences about Bismarck –
nd of the discussione in the supplies. China grase is firmer hold the gold (no less than the struggles with the military at the Very brief reports are publish- H. K. Fires Mein Committee df the Douglases and stocks of this commodity are silver) in the metallic portion of end of the Austro-Prussian war Exbaobird. As regarda yarn, the the paper currency reserve ka far snd against the end of the
Franco German war. The most re- Reichstag about the economie Steamboats be imposed, Indos (Def.) circular asys there has been some s pomible in the form of legal makable feature of the articles its inquiry during the past week for tender coin.. Bizce he begin
of the Foreign Offica neema to Shells 146, 16 and 20'e for quick dening of the war the Govern the way in which the Emperor is pen Rassis. The representative Indos (Pref.) liveries; lec-for 11 and 12.lhment of India's currency cole entirely left out of the discussion, have said that there could be no Ferries drills and sheelings, but very aircalation bas expanded from whereas, if the conf.ot had been
real, he would certainly have been farther possibility of Russia R., little business has gone through. R754 400,000
sasocisting herself with the Paris | Sugars Razolations. The whols Com. Malabons There has been a revival in clear- 1,168,300,000. It has therefore dragged in by both par1ies.
Almost all the newspapers remittee was agreed that Germany unces of yaru, drill, sheetings and been decided, says the Board of blacks, caused by the arrival in Trade Journal for January 3, to produce the same passages from should demand a most favoured Kallans
nation-clones in the agreements | Langkats Harkow of op-country buyers. provide facilities for caining into Bismarck's "Thoughts and Ba- miniscences." The Oclogne
with Russia, but there was a die Raubs -Japanese Seiking Mines in * Eovereigns the gold ballion and
Chins.
foreign coin coming into the sette said that difficulties in More than once bass proposal paper currency TEBRIVC.
the reconciliation of the politics pate as to the period for which the Tronchs
olaute should hold good. The Urais been made for Japanese capitalists establishment of a branch of the and military points of view at Agrarian spokesman argued that Oriental Cons to advance loans to Chinese on Boyal Mint at Bombay was so inevitable, and were always to the old commercial treaty with foreseen in view of the fact that Basis ahould be renewed tempor condition of obtaining the right to cordingly authorised by proclam exploit the zinc and lead misce in tien dated December 21, to take Germany in the present farily, with a view to the con- H. K. Wharves sa. $93 Hanso, esys the Japan Chronicle, effect from the date of promulg coalition.
has to oorclude pesos with a casion of a new commercial Kowloon Docks b.
It is maintained quoting the Archi' but it has tion in India.
b. & sa. revar been successful. Last year
that the public must carefully treaty after the war. He said that Shai Docks
(it would. bò a mistake to repest. LANDS, HOTELS What Is War Material ? sbstain from taking its viet in the perca treaty with Russia the matter was taken up by six
AND BUILDINGS, With regard to the large Japanree firma (the Mitsui, American trade restriction from any party or combination of
elsass which Germany imposed H. K. Hotels Farukawe, Kubara, Okors, and set me that there is considerable parties-lesst of all from "basi che famous most favoured-nation Centrals
nees politicans like Eisberger and Sazuki firms, and the Oaska Zuo discussion among the American Scheidemann." If the public will app
France in 1871. The Land Invest. Mining Co.), whore negotiations authorities themselves as to the thus keep its head, the diplomat newspapers are not allowed to seemed for a time successful, but
question what goods should be
ists, and the military can be pablish any report of a speech Kloon Lands aventally fell through owing to regarded a Cecessary or not treated to come to terms andy Herr Neumann, the expert ca Shai Lands
"Central Europe." the opposition of certain in. Baentisi Chinese in South China necessary to the prosecution of between them to make fail age of the war. According to a NAF for political ressors. If the con- York despatch to the dachi,
"the full might of military te ecurces." Mr. McAdoo, the Secretary of the Treasury, saya
to
The
дея
that
WAT
trol of the sine sod lead mices is obtained by Japanese, it will con-
The Frankfurter Zeitung, which professes to take the Pan-germse siderably promote the refining it is not a healthy economic campaign seriously, reviewed the and other industries in Japan. principle to restrict the import developments in 1866, whe Such being the case, it is now and export of goods not recessary
reported that the six Japanese for wat purposer, and soch the Crown Prince Frederick
converted his father to Bismarck'
WATER RETURN.
Beservoirs on March 1, 1918. CITY AND HILL DISTRICT WATER
WORKS LEVEL.
DOCKS, WHARVES. GODOWNS, &C.
West Points Reclamations
j
Yangtszepoos
MISCELLANEOUS.
$181
. 94
BANQUE INDUSTRIELLE
DE CHINE. ~
行銀菜實法中
Capital (16 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 Berthalot, General Manager A.1. Pernotta. ' HEAD OFFICE:
ויי
74 Rue Saint Lazare, PARIS BRANCHES: PEKING, SHANGHAI, TIENTSIN HONGKONG, and SAIGON. BANKEES.
In FRANCE: Société Générale pour favoriser Is Développement du Com- merce et de l'Industrie en France. La LONDON: London County & West-
minster Bank, Ltd.
In NEW YORK: Redmond & Co. In ITALY: Banen Commerciale Italiana. Telegraphic Address: CHEBANKIND.
Interest allowed on Current Accounts and Fixed Deposits, Tersus on application. Every description of Banking and Exchange business transacted.
M. ROUET DE JOURNEL, Manager. KONGKONG BRANCH:
Tel. No. 2352 Queen's Building.
5. Chater Road.. Hongkong, 20th August, 1917.
BANKS: HONGKONG & SHANGHAT
BANKING CORPORA-
TION
Paid-up Capifal RESERVE FUNDST
Sterling
£1,500,000 at Sh
-$15,000,000,
Bilver ....$9,500,000
15 000 00
$*4.300.000
Reserve. Liability of
Proprietors
$15,000,000 COURT OF DIRECTORS.
•Row. M± P. R. Folyos) - Chatru an C. T. X. Edina, Esq.-Deputy Chalousa F. C. Batsku. Mo E. 1. D. Part, Kagu 6. H. Dodwell Eng.. W La Parrendar: "ng- (2. Dabbert, des u FR Hr Stati Hen, Mr. D. Landale,
CHIEF MANAJER
Hong kong -N. J. fublu, Sage"
MAXAZER
Shanghaiend G. Stephen, Bag #2! London Bankura-London County and Westminster Bank, thakud.
HongkongJztearest Allowed!
On Current Accomats at the rate of 3 par crot paa sunum on the daily balance.
ONDERVINIL
For 1 month, 1 per cent, par sasIMI For months, Bë per cent. POR ZEZEN,
De la mantas, 4 per cent, pa RAZUML
N.J. STABB,"
Chief Manager,
HONGKONG SAVINGS BANK THE Buise of the above Bank h conductor i the HONGKONG AND EBANGHAI BANKING
CORPORATION,>=
Rates may be obtained on application
INTEREST Dn deposita is advenida ine ar tun monthly balances at Vil par test, par SALE, Depositors may transfer. Mtibele optko, baianour athos of mow to the Hongkong and Shanghet Bank to be placed on FRA DEPORTE CARL PET SANTIR.
For the Hongkong and Bangtal Basket Corpor
N. J. STABB, ·
Chief Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA
Incorporstad by Royal Charter they
PED OFFICE-LONDON PAID-UP CAPITAŬ a 61,830, 906 RESERVE PUND
BERERVE LABILITY opgel
PROFKIETORS minut, 90,
TORKION KICHANOR ad Rezank deskie?
besinets tracected, “ar CURRENT ACCOUNTS opened, and YULEE
DEPOSITS received for 3 yar de antenne portats, Ki tatus which will be quoted on application] T. C. DOWNING,"
'Managei Hongkong, 11th April, 1912,
THE MERCANTILE BANI OF INDIA. LIMITED,
b.
До
phreys Est.
890 887) *$861 $5,50
8271 "70
$78 $110
COTTON MILLS,
Ewos Kung Yiks
b.
b.
t.174 ,15%
Level and Storage of water in S'hai Cottons
Orientals
b. & sa. t. 133 b.
Pt. 45
$3.
t. 8,90
Borneos China Light & Pin. Providents Dairy Farms
bi
$3
$4,25
b.
b.
$7.10 329
Green Islands H.K. Electrics
53, & B. $7,80
b.
1.
$481 $225
P
Steel Foundries (4
Trams, Low Levels.
310 $6.20
1977-
Trams, Peak, old s.
$8
Sicutta
64.88
Bil.
133
Trams, Peak, new s.
cts. 80
1. LX
EYEST 18 MİR
Colomb?
10.00 AM
Delhi
In Mo
Madrus
Galle
ma
Laundries plea
11.00 AM
PRADE
Boczkost
2.50 -24
78.59
Rangoon
$111
Howrah
Shanghal
Kandy
Singapore
b.
$5
1.4 PM.
Part Louis (Munisins.)
b. "
#6
Ex
5:30 7.30
.* AM PM
Bytam
[Byewasham
Char Pchfalemeg
1
f syf vine Below stk, il. Below
cverLow
averdow . Below fi siin. Below Overlow
Dverios
construction
OTOS.o
Overton
overdow
rott. gla. Below got sol, Below H. K. Ice Co.,
Ropes STORAGE IN MILLIONS AND DECTALS OF, GALLONE.
#pag-ast chang
To
firme mentioned bave resumed restrictions will ettike at, the
ffcrta to secure steprivilege. The uncations of American finance point of view, and then proceed
ed: Japanese jportal' states they Mr. Harley, the Director of Ship
To day an irresponsible and yes Tataryaft, dia, Below Caft. cla Below will not this time propose ans ping, joins him and says that it
Under sft Below loan transactions bet will try to is burtful to interfere with the controlled Press is trying to Tycam Tek endertake a large refining indarsal commercial system of the make out that the political leaders wangu exits in Below site din Below ty in Chins in co operation with United States. On the other want to surrender the vital in certain influential Chinese busi band, Mr. Hoover, the Food Conterests of the Empire in face of Less men with the object of troller, eye that se things stand the opinion of the Supreme Army working the mines in question, it is impossible fally to meet the made that the political leader
Commend, and the demand is Negotiations for this end are now Alliee'r gairements for the trans shall subordinate themselves and an Enterdis in progrese. It is said that eince the proposal is beneficial both to/Port of war munitions by train that the principal representativ, Is Tek..
owing to the large space occupied of this policy, with whom the Pofal the Japanese and Chinese con
by goods not necessary for the cerned, the negotiations will be
WER. Mr. Garfield, the Fuel Con Reichetag Mjority is in entire Bocesfully settled before long.
agreement, shalt resign, Pro treller, esye that if the new
bably even that is not the restrictions be carried into effect,ultimate aim. It looks as if the
large quantity of coal will be and steel businesses.-
conserved. The American antho intention is to break up the pre A new
eent Reichstag Kajority, to drive bituminous coal business has rities have thus no definite polier the Socialists into opposition, and opened at ka-n, in the district to the differentiation of goods and the product is brought on the necessary to the prosecution of then when political chaos has taken the place of an ordered street by rack horses. It is not a very excellent barning coal, but is saya the Japanese report. Japan policy with a straight course to put a dictatorship in place of the nable. The steel basiness is eae merchants in New York are Reichetag. It is true that all this also the de very ocmmendable for these consequently mach puzzled over is half madness, which would
folk.
They Country
curry ur straight into the abyss, but these blind fanatics do not producing at Lurggwong, sir ostiles per dollar, said to be about equal in durability to the
Coal and Strel of Kueichow.
Two frech entertrices bave been commenced at Bingi-coal
are
the war bed those that are not,
the situation.
Madila Government and Rice Market.
For the present at least, the
U. Waterboats 7.30 Watsons #5340 tézis Wm. Powells Consumption of in the City and Hit District Morning Posts: n/ In saillions and decimals of galiana daring the mouth | of February
1917 zat 1501
35390 M. gallons
207,356 $70,500
117
option
Estimated
population
kad per day
essmption per Services to houses in the Rider Main Districts given by public surset focassins only apply ersary pi Constant supply la "all disorders KOWLOON WATER WORKS LEVEL.
weste disconnected from Bider and
dudas February 10,
vitation - BATTULY) prazion
Below
Bow
STORAGE IN MILLIONS"AND DECIMALS OF GALLONS.
it, and, as they are doubtless Kowloon Get- mixed up wtih other sohemee
1.5
agak
· 805-18
of water in Kintoom, the wikitions and
2)
Решения в в на Consumption pr
hand par day... 3
The German censorship is dealing very severely with all discussion of the economic sime which are now occupying at least Fable Works Depart
C H
I, JOU.
Jki
ty
Water Authicky, "
CORRECTED TO WOON WEDNESDAY- MAROK 20, 1918, BENJAMIN & POTTS, Share and General Brokers,
Princes Building.
Tel address: Broker.
EXCHANGE.
TİT ******
SELLING.
Demand
3/1 9/116
30 dia.
211
BUYING.
4 m/s. L/C....
4 m/LD/P.................
3/214 3/25
6 m/s. L/C........... 3/298 30 dia. Sydney & 3/256
Melbourne
30 ds. Ban Frans-
4 m/s. Francs « 136
ateel imported through Canton, Manila Government will not enter which have nothing to do with decimis of good song the month of T cbrwary.
T/T Shangbai........... Nom. Steel here is a big question, as the rice market of the islands fanaticism, this agitation is all
Cometartica ZLOS 34.01.M.gelioms T/T Singapore... 18316 Hingi is one of the chief, centres cept in so far as it is obligated to do the more perilous to the comcimated popula
T/T Japan.............. 14134 manity.
T/T India
Nom for stonework in Kasichow, and so through the recent purchase of chisele are much in requisition, 15,000 sacks of rice to relieve the
WWW GOVECENTOR AYet's reports show that the Demand, India...... Nom. and suitable steel very hard to shortage in various parts of the
W.CHATHAM
T/T San Francis 734 obtain. Anything hard is rushed islands, and the statements made
oo & New York zidee, ramrod, bayonets, old to the effect that another half
T/T Java............................. 162 T/T Marks.................. Nom. ga-parts, bolts, or pieces of million pesos would be invested
T/T Francs...... 4.21 railway-material from Tannan by the Government in rice from
4.2116 Demand, Paris anything that premises to make either Lizon or Saigon are a chisel hard enough to stand the without foundation, according to tonework. Good steel in the dis announcements made at the con- trict is therefore a boon.-N. O. alnsion of a cabinet meeting in the cffice of the Governor General, Dady News, Royal Mint Branch for Bombay. The Cabinet met in two passiona The belty and continuous de- to consider a report submitted by mand by the United Kingdom the Secretary of Agriculture and and the Allies for British Indian Natural Resources regarding the products caused an unprecedented fice situation; but the nature of expansion in the pormally favour- their deliberations, was not dis able trade balazos of India. Dar-oleged farther than the decision ing the second half of 1917 mentioned above. It is believed remittances in liquidation of this that the present situation is not balance were partly made by the such se to demand immediste abipment from debtor countries nosian looking toward the par of gold coin and ballion. The chase of larger supplies of rice gold held in the paper currency by the Government, but it is reserve in India rose from £8,823, understood that plans have been 000 on May 31 to $17,000,000 Isid to enter into
December 15-In order that competition with importers and all the gold so imported may be dealers in the event that prices go srailtble to msiblein the metallic so high or the rise sayply becomes portion of the Government of so depleted that action is deemed India a paper currency reserve absolutely necessary. In the held for the encsahment of our 'meantime, it is stated, the re- rency notes, it was notified on sumption of ship service and con- Jufe 28, 1917, that all gold so tinued shipments of milled rice imported into India on private, srriving from the central Lazər account would be antject to provides make it spes pole H. RUTTONJEE & SON licence and would be acquir that the mach-feured crivie will
by the Government of be averted.
direct
Demand, Germany. ***
Demand, New York. Nom. T/T Bombay
isco & New York
4 m/s. Marks
7434
Now,
6 m/s. Francs
U
P
A C
N
As originally supplied to NAPOLEON The Great.
The line quality of the wise will; at Gaci commeri je la. the most yeritical.
TO SOLE AGENTS FOR CHINA
TE
Men
Demand, Bombay... Nom. T/T Calcutta
Demand, Calcutta... Kom.
147
Demand, Manila
Demand, Singapore. 1381g
On Haiphong
On Saigon...
On Bangkot i 1934 Sovereign. ** FOR
6:40 Now. Gold Leaf, pero 41380 Bar Silver, peroz, 434
SUBSIDIARY COINS.
DIBOOLAT PER $100:45 H'kong 5 cts. p. sub. a. 640D JIL
10
50 150pre
Centon
NOTICES.
NOTICE.
EAK TRAMWAY CO.
: LIMITED.
TIME TABLE.
KU 23
MIGHT CASE
and 5 Paz 5.30 10 11.80 2.3 story bald bour.
12.00 7.0 22-18 7.36 avery quarter of an hour
.. BUNDAYS:
M
10 MIN
START 13. Mo
3030 AM 10- 21.00 AM
1,30 236
HISHT CALS tu on Wool Days
SAUKDATE"
REEL CA-24 2night
“By Arrangement sé-the Ocarpany's Cities Alexanden Bedings,
Dae Young Towa ́· "Bepanek, dekyu White (MTA ats ben märuly full, running là tha tíma vinted en Application, Che Campakys Christ No Bambu KCRW was be Ka payment therador has been scale in Bank Kötet me by Obeque or Compradors
FOR DU HUMPHRIES & CO S
In the mea tame tabios, bet not for special
THE CHINA PROVIDENT
"LOAN AND MORTGAGE
CO. LTD.
(Capital Paid up..¡$1,250,000.)
LaT
SHEWAN, TOMES & CO. * General Managers.
Head Office 15, Gracechurch
Street, London,
Authorised Capital..... 1.500,00%
Subscribed
Paid Up
Reserve Fund
D
***-**-1,125,000
BANKERK
562.588 *600,000
The Bark of England, The London Tolat Stock Back, Limitat BRANCHES »–
Lamber
*** Kerach? **
Kota Bhar
Cosin kumpat
HONGKONG BRANCH.
Every' description of Backing and Zeusgs businesă transskada.
Interest allowed on Current Acconats at ser cont perandum on Daily Falanges, and on Fland Deposar at rain which may be sacarraised on appication,
0. CHAMPKIN,
Acting Manager,
INTERNATIONAL BANKING
CORPORATION,
HEAD OFFICE !
15: Wall Sin Her Yaki
LONDON, OFFICEA 34 Bishopenia, EKA CAPITAL & BURPLUS US. $65 UNDIVIDED PROFLIS "TLE, 815
FB.178410
BRANCHES gina
KAN J
BIATA BOMBAY MANILA CALCUTTA MEDELLIN
PAKAMAJU FEXING CABALLEROS, FUERTO ** SHANGHAI
CANTON./
CEFU COLOR
HANKOW
HOP GEONO 1AN PEDRO TIENTSIM IDEE DE HACORIS YOKOHAMA
Teronghwith. Felors afiliation with ~ Th NATIONAL, CITY BANK' OP. NEW 'TORE the Bank is able to offer itir Services of: 2964 Branches of Qaz_ · Institution in Cuta Seach Americs, and dispažera, mamadys--
BAHIA, BUENOS AIRES. CABLEAR GERO BAANS MONTEVIDEO, MOBOOW DEAFEINE BANTIAGO DE GURA, FANTOS, BAKAL PAULO, PETROGBAD VALPARAISO,
Aflindi of FOREIGN & LOCAL' RANKING CURRENT ACCOUNUS 09sand ́ARACTERES DEPOSITS received at estas le bé nació
#
Hongkong, 26th September, 1914
OKOHAMA SPECIE BANT;
YOK
Established 1880.
Authorised Capital Yen:48,000,0€Ð° Paid-up Capital:.**** *88,000,000 Reserve Fund
23.100,000
Head Office-TOKOHAMA,.
Hope
Ma