THE HONGKONG TELEGRAPH, TUESDAY, JUNE 18, 1918.
Codes.-A.B.C., 5th, A.Z. Francais,
and Private.
BROSSARD, MOPIN & CO.
Telegraphic Address—"BROSSARD
Telephone-2566.
CIVIL ENGINEERS, King's Building. HONGKONG.
Omnibus
Agencies:-SAIGON, SINGAPORE, PEKIN and TIENTSIN.
+
REINFORCED CONCRETE WORKS:
Road and Railway Bridges, Bunds, Wharves, Weirs, Retaining Walls, Dams, Industrial Buildings, Towers, Tanks, Godowns, Frameworks, Cul- verts, Vaults. Floors, Roofs, Piles hollow and full, all lengths and sizes, Soles and Foundation plat- forms, Chimneys, Poles for support- ing Telegraph and Telephone lines and carrying Electric Light and Power.
COMMISSION, IMPORT & EXPORT
Industrial materials for railways. factories, mines, irun, steel, pipes,
steel angle bars.
joists. iron
sheets, motors and Fichet's fire-
proof safes.
REINFORCED CONCRETE IS ABSOLUTELY FIRE PROOF AND OFFERS SUBSTANTIAL RESISTANCE TO EARTHQUAKE SHOCK.
**
SAIGON CENTRAL (MARKET –
MARINE CONSTRUCTION : Lighters river and sea) up to 1.000 tons. Hulks, Ferry Boats, in steel and reinforced concrete.
Sen going ships in reinforced con- crete. Steamers and Sailing vessels up to any tonnage.
IRON WORK:*
Frame work, machine tools, boilers, and industrial installations,
PUBLIC AND PRIVATE WORKS:
Private and Puble Buildings. Fac- tories, Godowns Tunnels. Found- ations in bad ground, by com-, pressed air. Walls, Drains, Sewers, Churches, Hotels and Hospitals.
M. M. Brossard, Mopin and Co., shall be pleased to study/all technical andțindustrial questions and are prepared to supply specifications and plans on every kind of metallic or reinforced concrete construction which may be required. Address as above or to their agents Wm. C. JACK & · Co., Ltd., 14, Des Voeux Road, Central.
Reinforced Concrete SPECIALISTS.
COMMERCIAL NEWS.
The Iron Trade.
Embargo On U. S. Imports.
18
Alto
Coinage Loan to China.
In January last the Syndicate Banka reached an agreement with
EXCHANGE.
approached the Japan radicate Books with a request 000,000. As the politics! sites to advice the remaining Y 10,
t
SELLING.
3/3
3/316
3/31/
3/36
3/34 Nom.
****** 139
147
Nom.
7732
BANKS
BANK OF CANTON,
LIMITED.
KHAD OFFICE HONGKONG
JOREIGN EXCHANGE and Géneral Banking Business Fransacted.
INTEREST ON FIXED DEPOSITS:
For 3 Months 3% per annum.
For 6 Months 4% per annum.
For 12 Months 41% per annum LOOK POON SHAN;
Chief Manager.
BANQUE INDUSTRIELLE DE CHINE.
Subscribed Capital — Franci 15,000,000. Peid up
£2,500,000.. 14 of the Capital, Le. Frar ca 15,000,000 subacribed by the Government of the Chinese Republic.);
Chairman of the Foard of Directors André Berthelot. General Manager A. J. Painotte.
HEAD OFFICE: 74. Rue Saint Lazare, PARIS.
REANCHES;
SHANGHAI · TIENTSIN
HONGKONG
La
forbidden, ander the Shermanare replacing in part from time Act, as unfair restrainta a pon to time for such output as rade. Only the very strongest proved to be for war 2000unt. the Chinese Government with re- firms or corporations could com The general view is that in a few pete under sackciramstances with months big sapplies
gard to a Coinage Reform Loan of wer those whose Gorernmentaconneel material will be heaped at fact banka agreed to advance T.10, Demand
of T.20,000,000 to China. The T/T.......... The Guaranty Trust Co. of ed them to do what car Govern-aried and at shipping points. Then New York reports on iron under meat frowned upor. Now inde- it is expected that a little more 000,000 forthwith, leaving 30 d/a. date of April 20 as followependent corporations will be able freedom will be shown in the negotiations for the other Y.10, 60 d/s There is steady improvement in combine and market their promovement of material for mana Is is reported that about the T/T Shanghai...... C00,000 for consideration later. 4/Becker, the movement of coke and conducte together, avoiding duplica facturing purposes more or leea middle of April fast the Chinese T/T Singapore plaints of iron shortage are attrition of fort and competition that remote from war needs. butable to inadequate transporta- would prevent selling American gether the action is taken Re Government tion rather than in output at the goode Abroad as cheaply as other providing against say possible
Demand, India T/T India........................ Nom. furnaces. New York notatione countries can sell. None of the collapse of railroad transports
T/T Ban Francis- no April 15 were: No. X loandry, privileges extended under this sion in the coming fall and win
co & New York/ $35,25, No 2X foundry, $34.25 law for trade in the foreign field ter. A heavy increases in strool. tion in China was unsettled at the T/T JBVS. 14914 These are the Government's fixed may be availed of within the aral demand is expected through me, the matter was not taken T/T Marks.......... Nom. prices, operative at least until border of the United States of the replacement of bridges for political situation in Chias se Demand, Paris...... 4.4314
ap for consideration. The T/T France............ 4.43 Joly 1.
any of its territories.-Report by railroads. In the last few year Guaranty Trust Co. of New York railroad bridge, construction has now become somewhat eattled,
BUYING. while the straits of the Chinese 4 m/s. L/O not been onepicaone and the financial authorities are increas
..... 3/414 Restricted Splaning in Japza.
4 m/s. D/P............ 3/474 point has been reached, it is be
ing is anderstood, says the
6 m/s. 1/0............ 9/496 lieved, where a decided streng Japan Chronicle that both the The spinning companies of thening of bridges is required to
30 d/s. Bydney &
Melbourne......!
3/49€ ed on March 23, of imports for Japan are bound by an agreement maintain proper train speede and Bank of China and the Bank of 30 d/s. San Franc-1 which licenses would be required to restrict operations at the mille the through use of the heavier funds, the abortage being calcula! 4 m/s. Marks
Cornmunicationa are short of
784 isso &New York has now been changed to ar uy 10 per cent, from the beginning locomotives. On high authority absolute embargo as to all gun-of the year to June. A proposal it is estimated that structural ed to decresce the value of their mis. France 4.58 tries of the world except Earop has recently been made to con requirements this year will be actes. The Syndicate Banka have 6 m/s. France. 163
countries, Mexico, and sinus the agreement to the end 20 per cent, greater than the now accordingly decided to Demand, Germany. Canada. There are eight two of the year, the avowed reason average
advance the X.10,000,000 men-Demand, New York. 7796 articles on the list and the being the necessity of con- Ae yet those requirements have tioned. The term of the loan is Bombay
"Нощ announcement messe that the serving the stocks of raw cotton not taken tangible form, though one year, and it will best interes: Demand, Bombay Bares of Imports will have in view of the difficulty of the immense warehouse for the at even per cent, per sosum. Demand, Calcutta... Nom.
TT Calcutta ...............in по authority 10 isane a getting imports. Epinning.com Quartermaster Department
The advance will be made in the Demand, Manila Bi
15514 license for any of these commodi-panies turning out yarn of under various cities near the casst, will form of the Yokohama Specie Demand, Singapore. 139 ties for importation from 21 counts, or those which are take considerable quantities. For B&Dk accommodating the On Haiphong...... 14 prem Bonth America, or Australia, orlobi fly consuming Indian cotton. example, in connection with the amount to the Chinees Govern On Saigon 1% prem the Orient or Africa. Lioeners have agreed to the proposal, but one the Bush Terminal, ment. The money will be actually On Bangkok .........................
Bt
4736 outstanding for theses articles those which are the consumers Brocklyn, to be built largely of advanced by the 18 Syndicate Sovereign 6,05 Nom. trere cancelled as of April 14 and of American cotton have abjected reinforced concrete, 15,000 tone
Baoka in Tokio and Osaks, which Gold Leaf, per oz... 45.40 thereby, became ins fictive for on the ground that there is no of shapes are involved in addition will each contribute Y 555,000. Bar Silver, per oz. 487%
SUBSIDIARY COINS.
DEBOOUNT PER $100:
... The Kederal War Trade Board hae sononoced that the list, leen-
ran
U. S. Foreign Trade.
of three
деств
The
Canadian Paper Industry.
10
2
5.
from-
Canton
PARTS
PEKING.
W
SAIGON HAIPHONG YUNNANFOU
BANKERS; FRANCE. Scciété Général pour favoriser le Developpement du Com- merce et de l'Industiie en France' LONDON... London County & West-
minster Bank. Ltd. NEW YORK... Redmond & Co. Correspondents in the chief commercial
centres of the world.
Telegraphic Address; CHIBANKIND.
Interest on Current Accounts and Fixed Deposita in Leal Currency and in Gold. Terms on application.
Every description of Banking and Exchange business transacted.
Special facilities for French exchange.
M. BOUET DE JOURNAL, Manager.
HONGKONG BRANCH,
Queen's Building,
$ Chater Road
NOTICES.
NOTICE.
Tel 2440.
PEAK TRAMWAY CO.
#LIMITED. '.
TIME TABLE-
13.00 4.3
UYDUN AX MAR
140 A.X.
10 - 11.45 9.50
1.45 P.X
1. P.X
10 MIN.
8.80 3.
19 M
LEX #
TLIG FAL, 4.99 half-hour.
12 1100 § se, so 31.48 2.3 "ywary coaster ef að boor; BUNDATE:
Nom,
14.50 4.36
TORO ANG NA * 15an Noor
130
Benz 20 Eza.
16 M
1.30P
23
$2.00% prem $2.00% M4% die,
"
shipment from aboard. Among need to restrict the consumption to the reinforcing bars. the articles embargoed are of raw cotton. To reach awards of the week sze not parti In the rapid advancement of ageigultural implements, ert final decision on the metter cularly numerous, and include the pulp and paper industry in 'kong 50 cts sab. $100% prom. works, all breadetofte except the Japan Spinning Association 350 tons for a marine railroad, Canada since 1910, when total whest and wheat flour, including held a meeting at the Osaka Charleston 8.0., awarded to values of export of palp and new imports from Europe; manufso-Hotel on May 24, reports the the Boston Bridge
print have increased Works, tares of cotton, natural and Japan Chronicle when it was and 175 for the Lehigh and 7,800,000 dola, to over 43,000,000 artificial feathers, explosives, decided to carry out the proposal, New England; 1,200 tons for a dole,, and may reach 60,000,000 except falminates and gunpow excluding those companies which orane runway for the Cramp ship dola. in 1918, Canadian finan-print, reserving the fine grade, ders all fruit except pineapples are producing yarn of over 21 yards and 300 tons for the New eiers recognise one of the most such as book and writing paper, and bananas, gold and silver counts. At present the total York Shipbuilding Co. The promising industries in the for its home market. A new source manufacturer, inslading jewel number of spindles in Japan is Pennsylvania Railroad is asking country. About 80,000,000 dols for the catpat of the wood lery, nickel, musical instruments, about 3,000,000, af which 1,200, for 300 tons more bridge work of new capital has been invested palp from the British colony of confectionery, and
numerous 000 belong to the companies, to The Austin Co, Cleveland, is in the Canadian paper and pulp Newfoundland is declared by the other articles.
be excluded from the agreement low bidder for work at the industry during the last seven custom returns of that colony, in for the restriction of operations. Picatinny Arsenal, Lake Denmark years. The value of exported bioh it is shown that during involving 450 tone. At this news-print paper has advanced the year 1917, 30,000 tons of palp The Webb bill permitting com-
Finished Iron and Stool. writing tentative distribution almost 1,000 per cent. Ascot more were exported to small towns in binations and various other New York, May 2. No specis) of: 88,000 cars for the Govern than. 10 per cent, of the total the Eastern States, and indica- arrangements among those enganxiety is evident among mana-ment has been made, with news print paper of sandise tione print to greater business in agad in-forsign-trade has been facturing consumers of steel over 30,000 of this total awarded to mille is used by Canadian jobbers, 1918 Shortage of Transatlantic migned by the Fresident. It is the annouered pledge of steel the American Car & Foundry Oo the great problem is to fed a shipping obliged Newfoundland. generally regarded us quite the makers to concentrate on war Exporters report a large volume profitable market for the remain exporter to seek a market in the most important step yet under needs, and cons quently to 1 irqairies, but of course diff der, almeer €200 toon s day United States, for the profcer taken by the Government to en-anbordinate anything which dor- cally is had to getting either the Hitherto the United States har which formerly had been shipped courage business to participate in not appear to be essential to the steel from the mills, or the taken all the pulp or paper that to England, US and Canadian. The rivalry for overseas markete winning of the war. This font is licenses for shipment. Mill ship the industries could produce, and wearele, many of thema on voyages after the war. Heretofore, com- taken as another indication that menta" are quoted as follows: with the exhaustion cf the Eastern from the Grand Lakes through the mon_selling agencies, common months #go each conanimere read Steel bars, 3.0060.; ahapon, States forest copplies a pressure Canadian causle end, thas to mis branches or. exclusive the future and bare been, and 3.195.; plates, 5.4450.5 and her upon Canadian mille which is Beton and New York, were agencler, or other concerted are still working on stocks rap, 3.6956, all at New York bound to increase. Osasdien mill-
transport, the Newfoundla azrangements for Americans do which they succeeded is Out of store prices are la, higher, have made no sitempt to sell the
to the United ing businese abroad have been apdume ating and which they |--The Iron Age.-
United States anything but newe
1.00 26
SATURDAYI:"
Bats Car să slidziging," " SPECIAL AFR
NO ATILAANTANDs sa, the Companye DI16, Amxandra Buildings. Die Voets kolt
BANKS
HONGKONG & SHANGHAT
BANKING CORPORA
**TION.
Paid-up Capital 1833,000,000 RESERVE FUNDS 18
Sterling
£1,560,000 at:2}-
£15,000,000
Silver #19,500,000)
-$24 500,000 Reserve Liability of
.Proprietors...... ...$13.000 000
COURT OF DIRECTORS. Hon! H. BorsObaireas G., A. Edkins. Eay-Deputy Chairman BH Dodwell, WL Pastende CS Gabday,
JA. Plummer, Exq-"
Hen, X, Dandale, Boo, Bir. E. Still, E. V. D. PAT, Ens
CHIRY MANAGER Hongkong-N., Scabb, Nati
MAXAGER
Berghai G. Stopbes, Eng. Londos Bankery-Loudon Coure and Warminster Bank Limited.
Hongkong-interest Allowed
i On Current Accounts at the rate of 3 per cen
savam do the daly balance.
ON FEED DEPOSIT).
For 2 months, 2 per cetic pe LULUM) Ford months, 13 par cent. per anska
of leaths. 4 per cent, par LEZEKİ N. J. STABB.
"י
Chief Manager
HONGKONG SAVINGS BANK
THE Business of the shows Park is conducted by the HONGKONG AND SHANORAI RANKING
CORPORATIO Rolex may be obtained be spalation
INTEREST ∞ dependia is allowed nike m Imam monthly balances at 63) per test per sacra. Depodices may transfer, at their opción, hölancer of $100 or more to the Hongkong and Shangbel Bank to be placed on FLID DEPOSIT CRIL POY LDAP
tto
• Sasson and patch 'tiores Étallatie 201 123 MANERA AZZURAy fall, resting as the these sign in the Company's taste tables, bet not fara pacial WHEN OLI So obtained on sppilostive, at the Cumqayı Alfa peße Benson, Kichen Tym ba ORIEN WIES Ferzoeks šherefor, has been made Jon Steak Milés or DY (Daqne_or Compradore
JOHN D. BUMPABETS & 00 121
THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1,259,999.). Loans on Maengage of Homes Zropatty, Ani
APROSEKA. · MICROUTOR ON
SHEWAN, TOMES & 09.
General Managers."
For the Hougkeng and Shanghal Banking Corpor
N. J. STABE,
Chief Manager
THE CHARTERED BANK (OF INDIA, AUSTRALIA AND CHINA.
Incorporated by Royal Chartes 1583.
FUD OFFICES-TURDUK,
FAID UP CAPITAL 1500,000
RESERVE FUND
RESERVE LIABILITY
PROPRIETORS
2,000,000
#1,800,000
POREIGN EXCHANGE and' General Banking
bosiomis transacted. CORAINT ACCOUTS opesad ar LED DEPOSITS received for 3 year or shorter perioda, u races which will be quoted on appication 1. C. DOWNING,
Manager. Hongkong. 11th April, 1912.
THE MERCANTILE BANK OF INDIA, LIMITED.
Head Office 15, Gracechural Street, London,
Authorised Capital ......£1,400,000
Subscribed
Paid Up
Reserve Fund
帽
E+
BANKERL The Bark of England."
1,125,000
562,50
650,000
The London Taint Stock Bank, Intrathe
Lombay
Celenta
Colombe
Del
Gala
Hongkong
Howzah
Kandy
BRANCHES
Port Louis (kesitius.J
Karach
Keta Bar
Kazla Lump
Madras
PROADE
Fastros
HONGKONG BRANCH
Every description-of Banking and Eachass business transected.
Interest allowed on Current Accounts its part per unnam on Daily Balzaces, and on Pind Dapest at rates which may be sacurtained on appcation
-C. CHAMPKIN, /.
Acting Manager.
INTERNATIONAL BANKING. CORPORATION,
HEAD OFFICE:
15. Wall L, New York.
LONDON OFFICES :
35. Bishopsgate, LC, CAPITAL & SUBPI.US UA 4,500,00 UNDIVIDED PROFITS U.S. $1,713,491
BATAVIA BOMBAY CALCUTTA
CANTON CEBU. COLON HANLOW
ZOBE
U.S. 28,213 493
BRANCES;~~
LONDON MANILA MEDELLIN SANTIAGO
PANAMA FFKING.
PUERTO
PLATA
SANTO DOMINUS SAN FRANCISC.
DE LOS
CABALLEROS
SHANGAA!
- RINGAYON?
HOPOKONG FAN PEDRO FOERABLYA DE MACORIS TIKIUSINES YOKOHAMA Tuogh telose Marlon with NATIONAL CITY BANK OF NEW YORK the Bank is able to car to Border of the Branch of that Iaitutions Curl Ferd Americe, and alegabara, kissesi
RAHIA YUENOS AIRES CAB&CAB GENDA, HAVAND HONTEVIDEO. MOSCOW RIO DE JANEIR SANTIAGO DZ CDBA. PANTOR SAL PETROGRAD VALPARAISO.
PAULO.
All kinds of FOREIGN & LOCAL BANKING BUSINEES ransacted.
CURRENT ACCOUNTS opened and FIKED DEPOSITS received uz rates to: be escarsaland - application,
GEORGE HOGA.
Mangus
Hongkong, 26th September, 1916
THE
YOKOHAMA SPECIE BANE
LIMITED,
Established 1880,
Authorised Capital Yen 48.000.000 Paid-up Capital .....
Reserve Funds
42,000,000
23:100,000
Fead Office.-YOKOHAMA