COMMERCIAL NEWS Congelats Ganarile which ara.
Egyptian Cotton Control,
intelligible, having apparently bean mutilated in transmision and which therefore cannot Dow be published.
Further details of the British Irish Linen Shipments Banned Government purchase of the Egyptian cotton crop, reported
« In U.S.
by telegraph in Harob, is here A new situation giving rise to
confusing att present, enough to, War- summoning of a
the
THE HONGKONG TELEGRAPH, WEDNESDAY, MAY 29 * 1918.
given from a telegraphic report no little anxiety has been crested of the American Cocaul-General in the linen trade in the North in London, dated March 22 of Ireland which, added to other In view of conservation of natural adversities besetting the industry resourdes, British and Egyptian st the moment make the outlook «Governments," acting in concert, in textile circles none toc announce measures eoquiring cot cheering. Several of the larger ton atop is from August 1.1918, manufacturing concerns in Bel- for which purpose Cotton Control fast have received cabled advices Commission appointed, swisted from their Amerion agents to by advisory board representing the effect "that" the United export houses, cotton growers, States Government has decided and banks. The ommission will that, after April 15th no be prepared from August 1 to par- further shipments ic of Ullinen che cotton, both next season's goods will be permitted to enter orop and residue of present crop, the Stater. Cotton has, we under -delivered at Alexandria at price | stand; also been included in the
based on G.$42 per centar (99 embargo. On the other hand, no! 1b) for F. G. F. "Sakellïarides. [official communication on the From and after August 1 no subject of the reported ban has further export licenses will be bean ressiveć, sndt some of the granted except for cotton pur- largest establishments have had! chaved- by commission, and all'ino advice even of a private liceness already granted will be character on the point. Inquiries cancelled except for cotton held at at the United States Consulate in a port which has been sold for Belfast elicited the information export before that date. On and that no intimation had been after August 1. commission" em- received there from-the United] powered to take possession of non-States Government on the point. licensed cotton held at Alexandria The position, although some on terms above specified. Within what limita and subject so conditiona is “serions of rationa officially fixed rant
• from time to time for each cauz-meeting of the Irish Linen Mer- Stry of destination, commission | chants' Association, which had will be prepared to sell cotton the situation ander consideration purchased by them at price based last evening. In the absence of antil further notice on G848 official notification no definite per cantar f. o. b. Alexandria for setion could be taken but mean- B. G. F. Skelliarides. Commis-time the trade is advised to bssten ein will publish in due course abipments with all possible schedule of types of cotton with expedition. Hattere are not im- purchase and sale prices for each proved, however, in this connec type based on above standard tion by the prolonged delays on prices. Samples be communithe part of the War: Trades cated to principal consuming Department in granting the countries.
pecesesry licences for the despatch T US. Restriction on Imports. of consignments. There is s |complete hold-up of goods by the The American Consulata erssperating delay in official General at Shanghai recently gasriera. If the
received instructions to the effect bas actually been decided that on and after May 13, 1918, upon by the United States it is not to certify consular in-thorities, it, of voicer covering foreign articles seeriaus blow to the linen industry shipped to the United States in the North of Ireland. A pro unless they contain the number minent manufacturer in the city of the United States import gave it as his opinion that if the licence. A general licence he messages he confirmed, the step in been issued covering the import- one intended by the United States ation of all commodities, both Government to reduce expendi- restricted and unrestricted, from ture in that country by forcing the all countries into the posses American people to nee coiton sions and protectorates of manufactured within their own the United States, provided soch borders, thus relegating imported importation in for coseumption linen to the category of luxuries. there and not for reshipment to Definite intelligence regarding the United States. The articles the matter is swaited with anxiety? included in the following list will It may be added that 75 per not be licensed for import into cent, of the Irish linen manúlso the United States if shipped after | tare goes to the United States. May 18, 1918, except as therein specifically indicated, Lime; Bospetone, Shellfish, excluding
mest from Japan;
embargo
course
Mao ri War Gift,
if
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.
Demand 30 d/s.
SELLING.
3/2
3/216
3/21/1
60 d/s.....
3/234
4 m/6.879991
3/244
Nom.
1354
14394
Nom
Nom.
75
T/T Shanghai..... T/T Singapore T/T Japan
T/T India
Demand, Indis TT San Francis-
T/T Java....... 150
co & New Yorkf T/T Marks Demand, Paris
T/T Francs.
4 m/s. LJO.
6 m/s. LIC.... 30 d/s. Sydney & Melbourne... 30 d/a. Ban Franc-1
Nom. 4.312 4.52
BUYING.
3/334
4 m/s D/F.......... 3/834
9/35%
3/354
isco &New York
7634
Now.
4 m/s. France
K4614
6 mis. Franca....
4514
Demand, Germany.
Demand, New York. 7596
ANTON
Demand, Bombay... Nov.
4 m/s. Marks
TIT Bombay
T/T Calcutta Demandelcutta... Nom, Demand, Manila 151 Demand, Singapore, 135
4
Kom
On Haiphong... 14% prem. On Saigon
........ 134% prem. On Bangkok. 4851⁄2· Sovereign Gold Leaf, per oz... 1720
******* 6.25 Bar Silver, per oz.... 4876
SUBSIDIARY COINS. DISCOUNT PER $100:
50 cts.% prem.
10
11
5
Canton
+
Molybdenum: Tobaccoo leaf, except from Cubs sad West One of the most interesting Ladies Borax Cement, for gifts that has recently reached building purposes; Chloride of the Joint War Committee of the lime: Cyanide of soda; Dairy British Red Cross Society and the products Ferromanganese; Order of St. John, has been sent Spiegeleisen; Lead; Meat producte; to the Bed Cross Headquarters, Preserved meals; Paraffin 83, Pall Mall. 8. W. I. by Com Pamics; Starch; Stone and mand of the King. It is a som of manufactures thereof" Argols or £282 9a. 1d. which was collected wine lesa; Uamanufactured bones by certain Maori tribes in New and horas; Baeketa, of wood, Zealand and forwarded by them 'kong 50. cts' sub. bamboo straw or compositions of to the King, with a letter. wood; Usmanufactured cork and manufactures of cork; Edible sub- alapose not specially provided for in Tariff Act of 1913; Dried, frozen and prepared egg yolks of eggs; Fane; Faller's earth;" Forniture; Fura and manufactures thereof (does not include fur hats, fur not on the chin. prepared for hatters' use); Glass and glassware (does nos inalade lenses, opera and field glasses, optical instru- meats, spectacles or eye-glasses, goggles, surveying instruments, telescopes, microscopes,
and
plates or discs for use in the manufacture of optical · goode); Gice and glue size; Glus stock and raw hide cuttings; Homan bair and marufɛoturse thereof; Artifici. al horsehair and manufactures thereof; Byathetic indigo; Animal ivory-and-manufactures thereof; Licorice root; Moss and ses'weed; Paper and manufactures thereof (does not include books and other printed matter): Grade paper ook (does not include wood pule); Unmanufactured straw Free and manufactures of straw and grass; Ten waste siftinge or sweepings of tes; Vanila beans, There are several articles in the list received by the American
VISITING
THE HOME OF
par.
par, 334% dis.
PRIMO
BEER
STOCKED AND SOLD BY ALL
WINE & SPIRIT MERCHANTS, HOTELS & CLUBS.
H. RUTTONJEE & SON.
WINE & SPIRIT MERCHANTS,
NOTICE.
HONGKONG WAR
BONDS DRAWING
PRIZES.
The sale of ticketsįhas[proceededįso satisfactorily that the Committee is now able to indicate a provisional allocation of the 3 big prizes and the 100 smaller prizes.
The prizes given below are, as already advised, subject to the amount available for distribution being the sum of $500,000.
In this event:-
WAR
2nd prize
3rd prize-
2 prizes of $7.500 each.
2 prizes of $5,000 each
prizes of $2,500 each
BANKS
BANK OF CANTON,
LE WED.
HEAD OFFICE, HONGKONG
FOREIGN EXCHANGE and Beneral Banking Franacted.
BANKS
HONGKONG & SHANGHAI BANKING CORPORA-
TION.
Paid-up Capital.
RESERVE FUNDS:
Sterling
£1,500,000 at 212
-$15,000,000
Silver $19,500,000.
04:
$$4.500.000
Reserve Liability of Business
Proprietors$15,000,000
COURT OF DIRECTORS. Hon XF. Foivos Cost
INTEREST ON FIXED DEPOSITS:
For 3 Months 3% per annum.
For 6 Months 4% per annum.
For 12 Months 41% per annu
LOOK POON SHANG
Chief Manngu.
BANQUE INDUSTRIELLE"
DE CHINE. ** Subscribed Capital ... France 45,000,000. Paid up
22.300.000. (15 of the Capital, La. Frazca 15,000,000
abcribed by the Government of the Chiness Republic.)
Chairman of the
Board of Directors André Berthelot, General Manager A. J. Pernotte. HEAD OFFICE:
14. Rue Saint Lazare, PARIS.
BRANCHES ;
SHANGHAI TIENTSIN
HONGKONG
PEKING
וי
SAIGON HAIPHONG YUNNANFOU
BANKERS:
In FRANCE Société Général pour.
favoriser le Developpement in Com- merce et de l'Industïie en France* LONDON...London County & West-
Bank, Ltd. minates
NEW YORK...Redmond & Co. Correspondents in the chief commercial contres of the world.
Telegraphic Addiem; CHTBANKIND.,
Interest on Current Accounts and Fixed Deposita in Local Currency and in Gold. Terms on application.
Every description of Banking and Exchange business traumacted.
Special facilities for French exchange.
M. ROUET DE JOURNEL.
Manager, HONGKONG BRANCH, - Queen's Building,
5. Chater Bond.
NOTICES.
NOTICE.
G. T. X. Edda Bag.-Depicty. Chairmatak 6. H. Dodwell, Saq. The Factrodes. a, Gubby, ŽLJ
Zandale Foc. Mr. E. Skallim
E. Y. D. Parr, Esqu
"GENCY MANAGE
Hongkong N. J. Stubby' See,
Shangbal-, G. Stepden, Eve London Bankers-London Oracty sa Westminster Bank, Led
Hoogkong-laturest Allowed)
Os Cerrant Accate at the mech bề 3 par GRO & Yas
ON FIXED DEPOSITS,
aburuns on thai fakty balanes,
For 3 months, 24 per cent, par sterkasi For 6 months, 4 par 1986, par aDE BIG
at la monchs, * per cans, put GEZINNĚ N. J. STABB.
Chief Manager
HONGKONG. SAVINGS BANK THE Berison of the above Bank in conducand a
HONGKONG AND SHANGHAI BAMEIST
COLPORATION. Rales may be obtained sa uppāentiona INTEREST ce deposits is allowed on the mis- ten monthly balonens at F31 par Cat Fur KA, Impositor may transfer, izbeir optims, balançır of $300 to the Hoogkong and Shangle? Zak se be placed on OMEDEPOT CASE. par J
For the Boogkong and Shanghai Banking Careers Lina.
N. J. STABE.
Chief Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA
Lacorporated by Royal Charter 15.
BRAD OPTIER-LONDON.
PAILUP CAPITAL
BSERVA YUND
1,200,000 £2,000,000
BECKETS LLANULUY GJ
PROPRIETORS
FORMES HICHANGE and Genere: Banking bagings-Gyaneled, ~ CUARIST ACCOUETS opened - FEESD DEPOSITS received for 1 year or shorter perioda, ti rates which will be quoted application T. C. DOWNING,
Manager. [Hongkong, 11th April, 1912.
THE MERCANTILE BANIO) INDIA, LIMITED,
Head Office 15, Gracechurol Street, London, Authorised Capital Subscribed
Tel 2440.
H
Paid Up Reserve Fund
.
PEAK TRAMWAY CO.
+3
LIMITED..
TIME TABLE
1188 A.M. 1
1387.M. 10
1435+ be
5.30 A.X 10.00
15,00 JÄM
1247
LAA PE.
>
BIGET CARE
11.00, 11.45 PM -
BUNDATE:
£0.90.32
DHANURBLIET
18 MIX.
WXD.
Is Mor
Rectes, Cae, al÷MMatghi: -
SPACIAL CARI
By Arrangément as
■ -Alman-za-Polllings, Le Vasan zonă
** Set aizsally belt, sensing a thẻ Vich abated In the Cezaný a Ziano Ashlen, but not for apeskat
M MARX Hotel, cerkez Abegoe_or Catzpradora
THE CHINA PROVIDENT. LOAN AND MORTGAGE CO., LTD.
(Capital: Faid up!.$£;250,000,}
APPROXIMATELY.
CHARITIES
WILL RECEIVE
1st prize.
$125,000 187,500
56,200
37,500
2 prizes of $19,000 each
(approx)
20,000
15,000
10,000
5,000
Loans
14,000
6,000
7,000
6,000
4,500
4,800
1,500
? General Manavera.fi
$500,000
7 prizes of« $2,100 · s»ch 6 prizes of $1,000 each 10 prizes of $100 each 15 prizes of $400 each 15 prizes
of $300 each- 24 prizes of $200 sach 15 'prizes of $100 each
103 prízes
The closing date for sale of tickets is 12th June and the number of tickets now available for sale is rapidly becoming less, therefore if you have not bought all the tickets you require it is advisable to hurry up and tell your friends to do likewise,
TICKETS 85:00 each.
ON SALE AT ALL STORES, CLUBS, HOTELS, BANKS, ETC.
Mortgags of Kome reperty, d Snada rocneven an morses? T
TRUBINA, KINGUTES OF: 147
SHEWAN, TOMES & CO.,
MARTIN'S
APIOLS
Markarsille te se jane do BAGS WALLET
BANKERK
The Bark of England,
£1,500,90€
1,125,000
562,58€ 850,000
The London Idet Stock Back, Lout 18" BRANCHER şeh
Bombay Calcatra Cologbe
Denil
Galle
Rozsh
Kandy
Port Look Maurice,
Larachi
Cota Cher Kaur Lempe
Nadrss
Rangoon Sbarrbst
#teracone
HONGKONG BRANCH
Every cription of Banking and Erebsor business tasted.
10 trest allowed on Owiserkefõents at a par com> per annum on Daly Balances, and on Fund Open ni rates which may be sacertainad on applicatio
C. CHAMPKIN,1
Acting Manager
INTERNATIONAL BANKINO CORPORATION
HEAD OFFICE
* West ZL New York.
LONDON OFFICÉZ 1596. Bishepugnes, LLC
CAPITAL & SUBFLUB, US $530CLOGO. UNDIVIDED FROFITS: US. $1,728,491
BBANSHPR
US $13.491
US LONDON LANTO BOMBAY MANILA SAN FRANCISC CALCUTTA MEDELLIN SANTARA
CANTON
COLOST HAKKOT
PANAMA PRXING.
PUNTO SHAMUHAI
PLATA
CABALLEROS SINGAPORT BONGKONG SAN PEDRO: SOERABAYA
DE MACORUUTIPUIN.
YOKOHAMA
KORE
Tamerb in Ciora: «M]Taclop with trea NATIONAL CITY BANK OF NEW TOLE the Bank is able to oder De Seniors of the Branches of that Instintios in Lars Bosc Americs, and shoulzira, kamalysi
EARL
BUENOS AIRES CARACAS GENDA, BATANG MONTEVIDEO, MOSCOW RIO
JANEIRO SANTIAGO DE CUBA. PANTOS, FETROGRAD VALPARAISO,
PAULO.
DE
T
All kinds of FOREIGN & LOCAL FABKIN BUSINESS transactal.rs
CURRENT ACCOUNTS opened and FIXED DEPOSITS received at retest be, ascertained application,
GEORGE HOGG,
Manages-
Hongkong, 26th September, 1916
THE
OKOHAMA SPECIE BANY,
LIMTED;
Established 1880, Authorised Capital Yen 48,000,000 Paid-up Capithap
Reserve Fur J 23.100,000 Fead Office -YOKOHAMA
Braziskan
And
Los Angele