COMMERCIAL NEWS.
Cotton Cloth Control in India.
With regard to the proposed con-
THE HONGKONG TELEGRAPH. WEDNESDAY, OCTOBER 16, 1818.
THE OPIUM QUESTION, JAPAN'S NEW INSIGNIA,
BANKS
Discussed by Shangtaf Missionary Association.
The October meeting of the
A Marshall's Sword.
trol of cotton cloth-in Indie, the/Shanghai Missionary Association tione have been isened creating
In the Oficial Gasetto regula- was held in the Union Church Gestor's sword like a British Tokio Foreign Office last week re- Hall last evening and was well Field Marshal's baton, sa die- ceived information that a proposat attended, says the N. C. Dasly singu:shing the Gensai (either to fix cficially the prices of several News of October 2. The business Field-Marshals or Fleet-Admirals) special kinds of indian cotton cloth meeting was preceded by a social from ordinary Gezurals or Admir- has slready been introduced in the function, with refreshments pro-als, in addition to the small badge Legislature, but some spinners ask vided by the ladies of the Freeby which has an far been the only if, before this step is taken, it is serian Mission. At the botinere distinguishing muk of the not necessary to restrict or promesting Mr. N. E. B. Ears read Geneni.It is expected that the hibit the export of raw esttos. an interesting pepper on the Emperor will shortly personally To this the official in charge has abject of "Jewish Nationalism," onfer & Gentai's sword on retorted that eccording to
which was afterwarda “discussed. Field Marshals-Prince Fashimi, statistica only half the cotton The subject of opium growing Prince Yamagata, Count Oku, produced in India is consumed and smoking was also discussed, Viscount Hasegawa, Viscount in that country, and asks what is to be done with the other half if after which the following resolu Kawamurs, and Count Tersuchi, export is to be rastriated or lasse Mason, seconded by Mr. count Iacaye, Count Togo, sed tion was proposed by the Bev,
and on Fleet-Admirals,—Vis- It will still be J. W. Orofoot; and prohibited. considerable time before an agree unanimously: The Shanghai that Gonsai's sword will also be carried Baron join. It is understood ment is reached on the matter. Misionary Association has heard presented to King George to The Japan Spinning Association with profound regret of the reciprocate the courtesy of his is of the opinion that the Indian revival of opium growing and having recently presented a British Government will not take any opium emoking in many parts of Field Marshals baton to the Em! action toward restricting or pro- China, and especially regrets the peror. The blade of the Genedi's hibiting the export of raw cotton, parehase of Blocks of opium in sword is detachable the recipients though a similar proposal is Shanghai by certain agents of the being able to insert their favourite under consideration is the United Government si Peking, with a swords in the Rosbbarde. The view to retailing the drug. This blade of the sword to be present- Asescciation, at its first meeting ed to King George is the last one since the so-called " opium daal" male by Gaeaan Sadakadxo, one has been made public wishes to of the best modern swordsmiths place on record its disapproval in this country who died a few and vigorous condewustion of the months ago. It is reported the said transsotion, and would presentation to King George will earnestly arge the Chinese be announced towards the end of Government to sdhere to the high next month. moral and humane policy of com plete azadication" of the opium vise, and so save its people from any recurrence of the terrible evils
: States.
Channel Tralo Ferry. In an article beaded "Frapos Hound to England" the Matin recorda the establishment of a ferry boat service between the two countries, by which whole trains are conveyed across the Channel, carrying both passengers and merchandise. The delay and in convenience caused by changing from: train to steamer and from pleamer to train are thus saved, This railway on the water, as the so well known from the the ex- Matin call it, which has been most successfally inaugurated, is the realisation of a project bearly a hundred years old, "which was first tried experiment
perience of the pret
Marine Box Chronometers.
T/T Demand
EXCHANGE.
60 d/s
4 m/s TIT Shanghai. TIT Singapore. T/T Japan T/T India...
It is RD cffence agaidat 30 d/s .... ally in 1912, when on April 28 h D.O.B A. to buy or sell or deal in a tramload of grapes and peaches marine box chronometers without was sent direct from Perpiganans permit. All applications for to England by way of Paris of permits should be addressed to Dieppe, and Newbayep, and ar- the Hydrographer of the Nary, rived in fret olase 'condition on Admiralty S.W.I. May lat. The experiment proved
that the new method of transport
was speedy and economical that
it did sway with the necessity of being increased in the near future.
SELLING.
3/834.
3/3 15/16
3/4 0/16
3/4 3/16
3/4 5/16
Nom.
14234
14116
Nom.
Demand, Indis
Nom.
TIT San Francis-1 TT Java..
co & New York.
7834*
**** 177
Nrm. 4.39 4-3916
BUYING.
3/51%
3/534
3/5
3/514
T/T Francs... T/T Marks
Deand, Faris"
It may, indeed; be reduced. The packing goods in small quantities. and in special qaces. On that hopes which were entertained Dccasion the train was pat on ia Bore years ago. of obtaining
camphor from the the bost of Dieppe, and again on
leaves 4 m/s. LIC
4 m/s. D/P .. to the railway at Newhaven by of the osmphor tree have pot masas of a crane, but in the new materialized, and the quantity of 6 m/s. L/C service which has just been begun tree has not been satisfactory.
camphor procured from the young 30 d/s.Sydny&Mel-
bourne ... the use of a crane is avoided. It is The roots of the old trees have 30. d/s. San Francis- pointed out (adds the Manchester
801á co & New York) Guardian) that the ferry boat been dug up and used, and all
4 m/s. Marks. Nom. Bervice to England will benefit possible accessible sources have
4 m/s. Francé 4.5634 not only France, but also Italy, been tapped. To work the dia 6 mie. Francs
4,614 tant forests is still both difficult Demand: Germany Bosin, Algeria, and Morocco,
and dangerone, on account of the Demand, New York. 787% Camphor Production in the
ansubdued savages, and the TIT Bombay .... Far East..
profits to be obtained are not Demond, Bombay Nom. A communiostion from H. M. commensurate with the risk. T/T Calcutta Embassy at Tokyo states that as The Formosan Government Demand, Calcutta.... Nom. the weather in Formoss 1917 was General have recently increased Demand, Manila 159 very unfavourable, and sa the the amounts paid to camphor Demand. Singapore, 1424 work of producing camphor was workere by 3 yen per handred Haiphong....14%prem. anremunerative in comparison kin for camphor, 150 yen for On Bangkok 4616
On Saigon...... 1 % prem with other forms of employment, o.mphor oil, bat even this ad Sovereign....... 5.95 Nom. such as charocel barning, the vance has not produced the actual production of camphor in desired resalta. H.M. Commercial that year fell far below the estimat- Attache at Shanghai.reporte that ed output. The output of camphor the production of camphor in in Formoss in the twelve months China has fallen to a very low ended March 31, 1918, was abcat figure. It is feared that there is 80.000 picule (pical=1333 lb.),little prospect of Obina making
Gold leaf per cz...... 41.99. Bar Silver, per oz. 4914
SUBSIDIARY COINS
די
DISCOUNT PER $100:
as compared with 89,300 picals any material contribution to the 'kong 50 cts sub. in 1918-17, while in Japan world's supply for some years to Proper the respective totale. were come, even if the matter 20,000-picals and 30,800 pieals, taken in hand at noget
The combined
figures forman
Formosa and Japan Proper ware, therefore, about 80,000 picals in 1917-18, and 128,900 picale în 1918-17. It appears that the Formosan Camphor Kefining Company, which began its operations in November, 1917, will consume 10,000 piouls a year, while the now amalgamation of camphor refiners in Köbé, known. as the Nippon Camphor Ba firing Co.. which was formed on February 5 last, will consume 50,000 picula a.zeer. Over and above this, it is understood that 12,000 picals a year are to be "alloned to the celluloid manufac. tarers in Japan" Proper, so that the total consumption of raw eamphor in Japan will in fatare be 72,000 picula a year.
If the production remains at 80,000 picule a year there will be only 8,000 picols available for ex- port. On the other hand, it must be remembered that in 1916 the gotaal production was 128,900 picale, ea that the margin avail- “ablé faz export would be sppre- diably larger in years when the output of camphor is good. According to present indications, however, there in but little prospect of the outpat of camphor
.30
were
5
Canton
VISITING
THE HOME OF
$1% prem.
par.
$1.30% prem
44% dis.f
PRIMO
BEER
STOCKED AND SOLD BY Able
WINE & SPIRIT MERCHANTS, HOTELS & CLUBS.
H. RUTTONJEE & SON,
WINE & SPIRIT MERCHANTS.
LE
DERNIER CRI-
ROBE D'AUTOMNE.
BANK OF CANTON,
-LIMITED,
OFFICE, HONGSONG
FOREIGN EXCHANGE and Womern) * Banking Business transacted.
INTEREST ON FIXED DEPOSITS
*_*
Far 3 Months 3% per sanum,
Par-6 Months 4% per annuma
· For 12 Months 63% por'aanum LOOK POON SHAN;
Chief Manager.
BANQUE INDUSTRIELLE DE CHINE.
Subscribed Capital. Franca 45,000,000. Paid up
$2,500,000,
(15 of the Capital, in. Frares 15,000,000
subscribed by the Government of the '
Chinese Republic)
Chairman of the
Foard of Directors André Berthelot. General Manager AJ. Pernotte.
"HEAD OFFICE:
74. Rue Saint Lazare, PARIS.
BRANCHES;
SHANGHAI
TIENTSIN HONGKONG
→ PEKING_
9
BANKS
HONGKONG SHANGHAI
BANKING CORPORA STION,
Paid-up Capital 615.000.000. RESERVE FUNDS::
Sterling NA
£1,500,000 at:2}. { -$15,000,000*%
Silver $19,500,000
$34 500,000
Reserve Liability of
Proprietors... ...............$15,000,000
COURT OF DIRECTORS,
Mr. P. II. Hovor) zu Chalmas
Exiting, 25" Pattenden,''
BEL Dodwall, Bang,"
CS. Gabbay, M
JA Plume, I
Hoa, Mr. D. Landaže, Fou. Mr. E. Stollen... E. 1. D. Party E
· CELEY KAXAGRI- **Hongkong -N. Z. Basha, Bugi
KARLSKR
Danghalind. 9. Stephen, Eis,
London Beakers-London Constr
Bank and Parra Bank Linked
Bongbong-Interest Albeat| On Cament Accounts at the rate of 2 PER CELL DA
Aum on the daly balanCIL.
ON 29401 DEPOSITY » -
For 7 months, I per cent pM RAZUMĚ For month,per cent per SMARKE
or 10 months, à per cent par zaram) N. J. STABB,
Chief Manager
HONGKONG SAVINGS BANK THE Badia di the above Bank la undacted by the HONGKONG AND SHANGHAI BANKING CORPORATION.
Estes may be obtained on application INTEREST on deponiti is allowed on the scho Imam monthly balances at 838 DET CELL, POR REPEK, Deposios may transfer, at the opden, balaspas of Seo or more to the Anglong and Shariel Bank to be placed on FILED. DEPORITYY. sent. per annum.
Haw
For the Hongkong and Aanghed Banking Courses
N. J. STABB
Chief Manager.
SAIGON THE CHARTERED BANK OF
INDIA AUSTRALIA AND
HAIPHONG
H YUNNANFOU
BANEERS: FRANCE. Seciété Général pour favoriser le Developpement du Cam- merce et de l'Industrie en France LONDON: London County West- minster & Pars's Bank, Lid. Londan Joint City & Miðland Bark, Ltd. NEW YORK...Redmond & Co. Correspondents in the chief commerșial centres of the world.
·
Telegraphic Addies; CHIBANKIND.
Interest on Current Accounts and Fixed Deposits in Local Currency and in Gold. Terms of application.
Every description of Banking and Exchange business traŭmoted.
Special facilities for French exchange. M. KOUET DE JOURNEL
Manager.
HONGKONG BRANCH, Queen's Building,
5. Chater Road,
Tel. 2440.
NOTICES.
MAISON LILY
ALEXANDRA BUILDING.
THE PARIS SHOP OF HONGKONG.
PEAK. TRAMWAYS CO. LTD.
OUR
DAY
Thursday, 24th October.
ENTERTAINMENT
*
AT THE BOTANICAL GARDENS
GATES OPEN AT 7.30 P.M.
CHINESE CONJURERS
.
A troop of Chinese Conjurers famous throughout the whole of China, will perform the following programme.
This will prove to be an unrivalled opportunity of, seeing tricks performed by the finest conjurers China can produce.
The conjurers will perform 14 novel and amusing tricks including
Producing National Flag from Empty Box Card Trick.
Transformation of Balls into Birds.
Cut Ribbon being inade whole again.. The man who appears from Nowhère. Pigeon and Beg trick..
Walking Handkerébief.
Eggs from Heaven..
Magie Wine.
Fire from Heaven
and other wonderful mysteries.
CHINA
incorporated by Key Chan 12
HEAD OFFICE-LOEDUN FARDUT CAPITAL 100,000 RESERVA FUND
$3,000,000
RESERVA LAHLITY OF
PROPRIETORS
FOREIGN EXCHANGE and Season), Bonating business transactad,
CURRENT ACCOUays opened and 27CK DEPO: 123 calved for 1 year ir mortar parfó rains which will be quoted on application. 1. C. DOWNING,
Manager Hongkong, 11th April, 1912.
THE MERCANTILE BANK 07.
INDIA, LIMITED, -
Head Office 15, Gracecharon Street, London.
Authorised Japital ......£1,500,044 Subscribed
Paid Up Réserve Fund
FJ
1,125,000
562,54%
650,000
BANKERS:
The Book of England. The London Falat Stock Bank, śluzki je
BRANCHER
Pors Louts (teoritos)
TIME TABLE
Rombay
Caletta
Colombo
WEEK DAYS.
Dilb
Galle
to h
Every 15 help
Hoogkong
Howat
600
to 9.30
Kandy
to 11.00
15 min
30 min
10 zuba
10 zoin
Saturdays onlşik
13 min
besinusa transacted.
Esterdays only.
6.00
15 min 15 mla
10 bíb
SIGHT CARS-
$.50 p.m. 9:30 pm. 19.00 pm. 11.00 pm. 1130 p.m. and 11.45 pm." SATURDAYS EXTRA CA38. 1.30 p.m. and 12.00 midnight, SUNDAYS.
*SU &.D.
800
to 1430 am Every
Din
1033 11.30
to
27.00
to
12.00 12000
11.30 pts
130
8:00
NIGHT CARS.
850 p. 9.30 pm. 10.00 p.m., 11.00 p.m. 11.0 p.m. and 11.45.p.m.
SPECIAL CARS
- By arikogment at the Compaxy's fios Blexandra Bufdings, Des Viers En JOHN P. FUYFTFETF & SON,
THE CHINA EROVIDENT
· LOAN AND MORTGAGE. CO. LTD.
(Capital Paid up...$1,250,099.)
Maggags of Koum Property, du
SHEWAN, TOMES &00
General ManADSTE
Kirch
Koue Ebers
J
Kuala Lump
Madras
Pasot
Rangoon
pagha
•Singaporn!
HONGKONG BRANCH
Zvary description of Banking and
askingḍ
interest allowed on Current Accounts at a per c
per apate on Dally Ealances, and on Fiend Dober at rates which may be ascertained on applicatiorf
C. CHAMPKIN,
Acting Manager.
INTERNATIONAL BANKING-
CORPORATION.
BEAD OFFICE NATIONAL CITY BANK BUILDING. 35, Wall Street, New York CAPITAL AND SURILE U.S. $8,50,000 USDIVIDED PROFITS
$2,118,000.00 KZS. Green, President and General. Manageer LONDON OFFICE, 14, Blahopacate, EC BAN FRANCO OFFICE: 232 Montgomery Street
FAR EASTERN BRANCHES CHINA: Shanghai, Peking. Tientalo, Hankow
Horgkong Carlog. JAPANY Yokohama Kobe. :) PHILIPPINES: Mapa Cola, INDIA: Bombay, Calcutta STRAITS SETTLEMENTS: Kingapore: DUTCH EAST INDIES: Beavis Boerabaya
WEST INDIAN AND CENTRAL AMERICAN BRANCHES; REPUBLIC OF PARAMA: Pazzura, Chion. REPUBLIC.OP COLOMBIA: Medallin DOMINICAN REPUBLIC Santo Dezalngo; na Fadro de Macoria, Santiago, Puzzo Plata. In addition to our own Branches, by zosD of our cine stillation wità THE NATIONAL CITY BANK OF NEW ZORS We are the to oder the facilities of its brochar at Bahia, Buenos Aires, Carzona, Gabon Hataria- Montevideo, Moscow, Petrograd Hio de Janeiro. San Juan, P. x, Santiago de Cube, Sectos. Fac Paulo, Valparaíso.
CHINESE MERCHANTS AND INDIVIDUAL CHLITSE DEPOSITOES ARE OFFERED EVERY MODERS. BANKING SERVICE
Commercial and Travellers Letters of Credit, Bil Exchange and Cable Trastorn bought and salt. Hongkong Branch, 9, Queen's Road Central
GEORGE FOGO, Manager.
THE
YOKOHAMA SPECIE BANY
LIMITED.
Established 1880.
Authorised Capital Yen 48,000 €
Paid-up Capital.
Reserve Fund......
42,000,00
24,300,00
MARTIN'S
APIOL&STEEL
Head Office-YOKOHAMA
MARTIN'S
Rangoos
Robe
'Interest slowed on Courses Accord Depos zacalvad for dyad perioda si cater to be obration on spycation
BISHI ONO, Manage Honekinz 12th September 1918
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