-COMMERCIAL-NEWS,

British Trade with Norway.

Fradical-change-osa take place for some time to come. Freights are firm with an upward tendency. owing to the continual re quisitioning of tonnage by the A brazob of the Norwegian Allied Governments, Fashan Chamber of Commerce in London Coal: No change. Kaiping Coal: in to be open in Newcastle-on--Although coal has been taken True Coral Horgenstierne, of regularly under contrat, there is little new business to report. the Hem of Messrs. Chr. Morgen Prices in the North are very firm stierne and Co., of Newcastle, has owing to large exports to Japan taken the initiative, and the

At Shanghai this is usually a dall Finaugural meeting for the purpose

of aleating the North-East Coast season and owing to present high committee and other outings Prices it is anticipated that im will be held at the Guildhall, ports will not be so large sa in. Nawcastle, and will be followed previous years. The total cost by catless iuncheon. The arrivals in Shanghai for the fort aight, from all sources were meeting will ha presided over by Mr. K. F. Kandien 66683 tons compared with 52,567 past president of the Chamber tons for the previous fortnight. in London, supported by Lord Joicey, president of the Newosstle Chamber of Commerce, the Lord Mayor of Nawasstle, and others. The branob will open with 3 Bucleus of at least 50 members.

Japanese Tea.

Pl

Minerals in Malays.

The pews that in the Malay Archipelago new sources of iron ore are in the prooem of discovery, with the necessary concomitant supplies of foel, is of the utmost importance The one and only coal According to investigations field in the F.M.8. is already devel hade by the Department of oping well, but at its best can only Agriculture and Commerce, help to support the imported mar Tokio, the output of ten last year ket, says the Singapors Free Exass...... amounted to 1299 2^6 kwen, From Java fromes the news that valued at Y.19,382,319. The the Government mining author" freight for the transport of tesities have discovered a big bad of from Japan to America this year cool in Central Borneo, which is has been fixed at G.$80 per ton, of good quality. We also hear of the estimated quantity of ship sa iron and coal-mine having been men to being 55,000 tons. "It has discovered in another island been agreed that of this quantity, ander Datch jurisdiction, and the 14 per cent. (7,700 tone) "shall | preliminary arrangements beve be shipped by the Tayo Kisen bsan made for developing them Kaisha, 43 per cent, (23,850 tone), deposits. The iron and, the col by the Gasks Shoren Kaisha, and are both said to be of high quality The remainder by the Nippon the former not being mixed with Yasen Kaisha. The contract be- pyrites or other form of sulphur tween the steamship companies{aɔmpound, which ต and the tes marchsats rune from great advantage. Sach May to February, 1909. It is ex-discovery is not only of pected that in regard to the abip local importance, but if the mine ment of Formosan tes, s new shows it can supply pig iron for will also be made Indis or suitable ore, the steel abortly.

works of that country will be stimulated, and the resources of -byona Silk Goods Industry,

the Empire thus enlarged. Any The manufactured silk goods discoveries of minerals in this industry of Lyons, reports the part of the world mean eventually British Consul from there, can be a redaction of the strain upon the seid, generally speaking, to bare Homeland supplies, ■ reduction beenermedingly prosperous of the demande on shipping, every dering 1917, considering the ton of which will be required for grest difficulties with which many years, besides adding to the manufacturers · had to contend. |general prosperity of this part of Es milke, besides their almost the world.

Bontract

constant upward tendency, arrived

very irregularly from the East, and even from Italy, owing to ever increasing transport diffic alties. Cottone-for which, the Lyons market: relies more and more an United Kingdom spin- nere were only obtainable with extreme difficulty and after much delay. In consequence steady -production was impossible and

mill workere tended to desert the looms in favour of munition fac Stories At present not more than two-thirds of the normal num ber of workers are "employed, and this is exclusively female Isboar. Mechanics are, however, necessary; to: keep the looms in order, the proportion being one man to twenty or thirty loome; this is practically the only skilled mafe labour required, but it has been so sesice that many factories have bad to close down tem por- arily for want of mechanics. The total output of the Lyone silk industry, all branches.comprised, In 1917, may be estimsted at Home 65 per cent of the 1913 ontpat, io yardage or tounege; but the statistics of valne will, when available, undoubtedly show an increase on 1918, for not only bee the value per yard in. creared, but there has also been an enhanced demand throughout for better qualities, to which the manufacturer, working a reduced number of looms, apd with lower mill workers, hea responded the the more readily...Ol prospecte for 1918, it is diffoolt to form an opinion, Difficulties do co:tead to diminish and manufacturera

Expect B troublesome period, whilst the recent fastion does not foster epeculation and enterprise. There is, however, little reason to fear. decline in demand from ADY quarter, and manufacturers: will andoubtedly-make-every possible effort to keep pace with it.

Shanghal Coal Market. Messrs Wheelock & Co's weekly cost marke: report, dated May 0, "states:-Japan Coal: There is no change to report in his market and all we can say about is is that it continues very whereas the market in Japan keepa vory pleady. Gwing to the continual sotivities in that country; we do not see how an

dall

VICTORIA THEATRE. May 24, 25, 26 & 27.

THE

ON-THE-SQUARE

GIRL

1

A beautiful and touching story, gorgeous production, and Molly. King at her beat, make this Gold Rooster

drama the

J

ever

greatest 5-part film

shown in the Far East,

T

THE HONGKONG TELEGRAPH, FRIDAY, MAY

1918,

BANKS

ANNOUNCEMENT.

·IN the absence of Madame LILY who is at

present on her way to Paris where she will personally select new Modes and Confections for the next winter and following Summer Seasons. Mrs. Aris will have charge "of

THE MAISON LILY.

As it is desirable that in the interim an effective clearance may be made of all present stock, whether new or old, instructions have been given to sell when requested.» DRESS MATERIALS

by the yard. Corresponding concessions will be made in respect of the many other lines at present stocked at

ALEXANDRA BUILDINGS.

EXCHANGE.:

SELLING.

3/15

3/194

3/17% 3/2

Demand 30 d/s.

60 d/B.............. «4 m/............................... 3/24/6- T/T Shanghai......... Nom. T/T Singapore..... 134 T/T Japan.................

14214 T/T India

Nom. Nom.

Demand, India

TIT San Francis-1 7194

co & New Yorkf

T/T Javaime. 145 T/T Marks.........ınını Nom. T/T Francs... 4.27 Demand, Paris... 1274

BUYING.

4 m/s. L/C..

3/278

4 m/s. D/P..

3/3

6 m/s. L/C.

3/344

3:34

76

30 d/s. Sydney

Melbourne......

30 dje. San Franc-Į isco &New Yorkf

4 m/s. Marks .....

4 m/s. Francs 6 m/s. Franca

Now. 4.4%

... 447

Demand, Germany..

Demand, New York. 743% TIT Bombay

CO

Demand, Bombay... Non. T/T Calcutta

Demand, Calcutta... Nom

Demand, Manila....

1191

Demand, Singapore. 134

On Haiphong

NOTICE.

HONGKONG

WAR

BONDS DRAWING

PRIZES.

The sale of tickets has proceeded so satisfactorily that the Committee is now able to indicate a provisional

14% prem allocation of the 3 big prizes and the 100 smaller On Saigon..... 14% prem.

On Bangkok Sovereign

Nom Prizes.

4919 6.30 Gold Leaf, per o... 46.. Bar Silver, per o.... 487%

SUBSIDIARY COINS.

DISCOUNT PER $100: H'kong 50 cts sub. $1.00% dis.

10

Canton

VISITING

THE HOME OF.

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGEONG

FOREIGN EXCHANGE and General Banking transacted.

Business

INTEREST ON FIXED DEPOSITS:

For 3 Months 3% for ath

For 6 Months 4% per anuum,

For 12 Months 44% par sanum. LOOK POON SHAN,

Chief Manager

BANQUE INDUSTRIELLE DE CHINE.

Subscribed Capital ....... Franca 45,000,500, Paid up

22.300,000, (14 of the Capital, L. Frarea 15,000,000 abscribed by the Government of the Chinese Espublic)

Chairman of the Board of Directors André Berthelot. General Mangur. A. J. Pernotta.

HEAD OFFICE:

74. Rus Saint Lazaro, PARIS.

BRANCHES: PENING

SHANGHAI TIENTSIN

| HONGKONG

The prizes given below are, as already advised, subject to the amount available for distribution being.

the sum of $500,000.

50% prem.! 1.5% dis, ..356% 18.

In this event :~~

PRIMO

BEER

STOCKED AND BOLD

BY "ALL

WINE & SPIRIT MERCHANTS, HOTELS & CLUBS,

H. RUTTONJEE & SON,

WINE & SPIRIT MERCHANTS.

APPROXIMATELY.

WAR CHARITIES WILL RECEIVE

tt

$125,000 187,500

1st prize

2nd prize

56,200

3rd prize

37,500

2 prizes of $10000 each

(approx)

20,000

2 prizes of $7500 each

15,000

2 prizes of $5.00 each

10,000...

2. prizes of $2,500 each

5,000

7 prizes of $2, 00 e»ch

14,000

G prizes of $1,000 each

6,000

7,000

6,000

4,500

4,800

1,500

-$500,000

10 prizes of $700 each 15 prizes of $400 each 15 pr2-8

of $100 each 24" priz-B of $20 each of $100 each 15 prízes

103 prizės

SAIGON HAIPHONG YUNNANFOU

BANKERS:

In FRANCE.. Société Gépéral pour favoriser le Developpement du Com- merce of de l'Industrie en France LONDON... London County & West-

minster Bank, Ltd.

NEW YORK...Redmond & Co. Correspondetita in the chief commercial

contres of the world.

Telegraphic Addres; CHIBANKIND.

Interest cu Current Accounts and Fixed Deposita in Local Currency and in Gold. Terms on application,

Every description of Banting and

Exchange business transacted.

Special facilites for French exchange. M.ROUET DE JOURNEL,

Mariager.

HONGKONG BRANCH,

Queen's Building,

The closing date for sale of tickets is 12th June)

5. Chater Road.

NOTICES.

Tel: 2440.

-BANKS

HONGKONG & SHANGHAI

BANKING CORFORA

7

TION,

Paid-up Capital ...2........$35,000 210 RESERVE FUNDS:

Sterling

£1,500,000 at 21-

-$15,000,000

Silver $19,500,000

Reserve Liability of

$24.300 000

Proprietors ............$15,000,000 COURT OF DIRECTORS Hon Mr. H. Hotros Chatru no G. 7. M. 20ming Eaq-Deputy Chairman. BR. Dodwell, Tastemade, Wis C. Qubbay, Jan LA Planne, IN

Kor. Mr. B. Lada, Lot, Nr. & Spil E. V. D. ParY, EM

CHLEP MANARIS

Roar boer-N. J. Brača. Hee

KAMAGRA

Shanghalink, G. Stephen, Ex Londos Beater-London County Wa Westminerer Bank, Limbed, ** -

Hongkong-Inserter Allenred,} ***

Da Vement Iccounts at the rate of 1 pm Cm 30:

anawm on the daily balenon,

ON FIXED DEPOSITS, S

For 3 months, Si par cent, per EZKERA For 8 moutha, Si per cent, per ansta

arty oths 4 per cent, per asubmi

PN. J. STABE,

“Chief Maraget.

".

HONGKONG SAVINGS BANK

THE Business of the above East is conducCSON the HONGKONG AND SHANGHAI BARKING CORPORATION. Esies may be obtained on applicazion

cent. per natt,

outhly balsocis at Bal per cent, pe KLIER, Depositors may transfer, at their option, baianORS of 0 or more to the Hongkong and Shanghai Bank to be placed on PIXED DEPOST WA For the Hongkong and Shanghai Banicing Chrzes

N. J. STABE,

"

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND

CHINA..

locored by Bogal Charte 12.

READ OFFICE-LONDON. PAILUT CAPITAL

· KEREKTA FUND

RESERVE LIABILITY OF

-PROPRIETORS,

100,708

* 2000,000

$1,900.000

FOREIGN EXCHANGE ved General Zanking:

besinon tramadol. CURRENT ACCOUNTS aprond" med "TEXNO DEPOONA recefred for 1 year or shorter pockets, w autes which will be quoted on spplication.

1. C DOWNING,

Manager Hongkong, 11th April, 1912.

THE MERCANTILE BANI 03 INDIA, LIMITED.

Head Office 15, Gracechuraš Street. London, Authorised Capita).................

£1,500,0ét Subscribed

Paid Uy Reserve Fund

1.125,0

W

D

562,5M 650,000

BANKZRE Tb Barker Zaland The London falet Strek Bask, kinnis

BRANCHES

NOTICE.

Bonbay

PE

EAK TRAMWAY CO.

LIMITED.

Calcutta

Colomb

Telki.

Cale

Hongkong

TIME TABLE.

fowieb

Kasdy

3.00.

18.30.M

230 AM 10 11.30

1. MEN

黑讯

L

13.M.

+

14 MIL

ISMAN.

1.30

+

SIGHT CAKE.

ADE 9 PM 1.80 40

1180 vry had, boEI

avary quartile of ae bon.

· BENDATS:

HOAX 18 Xəsə

ID 10 AM.

11.30 AK

2002 5.30 PM.

E. 10

6.50 1.8.

LJZX

I.CP..

* WIGHT CARS xa an Tinox Dayt

LAZURDAYRE

s Cak Midnight SPECIAL CARA

BY AITSEZZZZİ at the Company's Office,

Bezandra Belldings,

De Youtz Roed

*BAH Lá jaren saksis “quailable for all SACK za Artady ink, running a the têma sukat. 21 184 Company's Kass tables, bas pesor Kosala! anca, zna be obtained to application i the Company's Office:-No Season sloket will be DayZSBBL Üzerine has been made

* in Baxx Roter or by Chagos or ComFTAČIKE order regulering Bank Solet

JOHN D. SUMPHREYS 200,-

THE ORINA PROVIDENT LOAN AND MORTGAGE CO. LTD.

Capital Paid up...$1,250,009.)

Iams in storesge of Stones Property, is Mode:remivad on Shorage,

· Adrasser tazda'oz Merchandise. Lemans konda an the Promidagi Bygans.

TRUETES, EXECUTOR OF BULA ASTOMERY, An Undertaken and *****

(Rakes and Partioalarm an application} |

T DE L

SEIWAN, TOMES & CO

General Man22 OIL.

- MARTIN'S/-

and the number of tickets now available for sale is rapidly becoming less, therefore if you have not bought APIOLSSTEEL

all the tickets you require it is advisable to hurry up and tell your friends to do likewise,

TICKETS $5.00 each.

ON SALE AT ALL STORES, CLUBS, HOTELS, BANKS, ETC.

E Premda Kanady bar ali ispuditaetilen. THORMOON A, Ludgit KƏN 128 kweg a has, or Musika's We Sn 1216 hours 50 land as die Brad Kasat aur Intogtierity of the Bysian as dan may be BANKAMATOL. Xium wian Chen,bames Thatryana-

Marongsamt kan vana, or 100 CM JA BEKEZIA,, Chaodat, Exaihampion, EmNG.

MARTIN'S HEA

Port Logic (Mauritius,>

Karachi Kota Bhar

KLU!

Madras

Penang

Rempner

zhanzber

Singapore

HONGKONG, ARASIN

Every description of Lanking an Faching?

hasín esg tracted.

Interest allowed on Dearest Accounts as e p

per stram on Daily Exleness, and on Fhead „Dauant

st rates which may be ascertained on appication

C. CHAMPKIN,

Acting Manager

INTERNATIONAL BANKING

CORPORATION,'«

HEAD OFFICE:

55 Well Blue New York

4

LOFTOF OFFICE - 16. Bishopsgate, ZE CAPITAL & SUPPLUS DA, $6,500,000 UNDIVIDED PROFITS TA. $173491

BATAVIA BUM RAY

FALCUTTA CANTON CFBC. TOLOS FRANKOW

BRANCHE:

A. $8.213491

LONTION BANTU DORIJOS MANILA SAN FRANCISC MEDELLIN SANTIAGO

PANAHAN

FY KING.

-

PUERTO,

FLAJA.

DE TOS CABALLERON. SPINGAÌ· SING ASCDY."

RONGKONG FAN PEDRO FOFRABAYA

DE MACORI TIENTSIN

УОКОНАНА.

ΤΟΥΣ

Though - Its close Ext

mich Tes NATIONAL CITY BANK OF NEW YORK

the Kank is able to offer to Semlors of the Branches of that, Ingtration a Americk, and sinewborn, namulys

FABIA, BUENOS AIRÝR. CARACAD `OPROL, HAVAN, MONTEVIDEO. MOSCOW

210 DE JANEIRO SANTIAGO DE

TRA. BANTOS.

PAULO. PETROGRID VALPARAISO,

At kind of FOREIGN & LOCAL BANKING RISTNESS transected..

Tam CURRENT ACCOUNTS opened and FTXP! DEPOSITS Focalved at rates to be recortal ved applicetSca

GEORGE HOGO,

Menarti Hongkong, 26th September. 7916

J

THE

OKOHAMA SPECIE BANT

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000

Paid-up Capital...

36,000,000-

23-100,000.

Reserve Fund.......

Head Office -YOKOHAM2.

Branch

Buznal Aut Calcamos

Changebaa

Agencie

Bombay Lesdou

Shazel

Los Angeles

Bydney Dindare Scarabera

A Pidtzcrank, Ic

Dresses

Toky

Tubmanfe

Deirea Frogden

Barbio!!

· Hankow

Hazolaha

KY

Kobe

|| Magnacht

•New York

Paling

Kas goog

Interest allowed on Current Accours, Dass racalved for fred periode si zaben to be plasst. on application:

EISHI ONO, Manager Foogkeng 111) Maren, 1918

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