1915-06-19 — Page 3

HONGKONG SHARE MARKET. Messrs. Vernon & Smyth in their wookly Phare report dated 18th June state:---

THE FAR EAST IN PARLIAMENT.

JAPAN'S HAILWAY: CONCESSIONS IN CHINA.

There has been no abatement in the demand for lond investment securities during the past work, but tough ruted Oh thay nịch Mr. Peto asked the Secre- Jave in most instances, again advanced, tary for Foreign Affairs whether the the difficulty of obtaining shares owing demand put forward by the Japanes for to the reluctance of holders to sell has railway concessions become still more accentuated and the Valley fulfilled the natural expectation 1 the Yangtam volume of business transacted hus, in con of the Foreign Offer that Japan, by not sequence, been comparatively small applying for any concessions in this re the speculative section, the position is still gion which would affect British interests. dominated by the approaching June settlement, and beyond low buying rates should show reciprocity for our absten- rio very stable quotations can be given.

Lions from applying for railway concog The Shell Transport and Trading Co..sions which would affect the South Ltd., have, as advised by our Louder Manchurian Railway, agents, declared a final dividend of 5- Mr. Primrose: As the hon. member: per share for 1914, making 7/- in all for may have noticed from the statement in that year as in 1913, and this will prob the Press this morning, an agreement has ably bo paid in London during the first been reached between China and Japán few days in July as before. The dividend It is understood that the questions of, is free of income tax, and is payable on railway concessions in South China are Compon No. 24. The Ural Caspian Oil reserved for future negotiations, and in Co. has also declared a final dividend of the eircumstances it does not seem neces per cent, making in all 10 per cent. forary to enter into the subject at this 1914, the general meeting of this Company moment. being advertised for the 19th ultimo in London. Bar Silver is quoted to-day st d., and Sterling TT at 1/91. The TT rate on Bhangbai is wuchsaged at Th, and the Bank's buying rate for 3ds. bills at 791

BANKS.-Hongkong and Shunghads have advanced to a buying quotation of 2910 with no shares apparently available, and no business reported.

MARINE INSURANCER-Unions are strong with sales and buyers at $800, and a higher rate would now undoubtedly, he paid. Cantons after small sales at SRED are in further request. We follow the latest Shanghai quotations for North Chinas and Yangistes, which are nominal at Tis. 170 and $230 Ex. 73 respectively. TIRE INSURANCES,--A further improve ment to 8137 buyers in Chinas has failed to bring out shares, and we close again without business to report, Hongkongs have been booked at 995. sellers now hold ing for 400, at which rate it is practically

a 7 per cent investment.

Sipino,--China and Manilas after sales at 64.80 and 84.80 can still be placed at the latter rate. Douglass have fluctuated between 847 and 849, but little business has been done, and the stock closes in strong request for both cash and forward delivery. Indes have been booked at $98 and are also wanted for similar delivery. Star Ferries are neglected with sellers nt. 837, and Steamboats quiet at

ANGLO-JAPANESE RELATIONS.

Mr. Yoo asked the Foreign Secretary if there was ang understanding between Japan and Great Britain with regard to spheres of influence for their respective development work-in-China in respect of minerals and railways respectively; and, if so, what was its nature, and whethur he could say if it was still regarded an guiding our policy in the Far East.

Sir E. Gwy The answer is in the negative.

JAPAN AND CHINA.

Mr. Snowden (Lab.. Blackburn) asked the Secretary for Foreign Affairs if te would give the latest information in his possession as to the position of the affairs between Japan and China; and would be say if he and made any protest to the Japan Government against their demands on China as being a breach of the terras of the Anglo-Japanese Treaty.

I

Mr. Primose, who replied, said: would refer the hon. member to the answer given to the hon. member for Devizes on May 11, to the effect that aa agreement has been reached between China and Japan; and I would add that there lins bees, no occasion for a protest in that connection. If and when the Oits-Shells have ruled quict but text of the demands conceded by China steady at 93/, but it is doubtful if shares is published some misapprehension as to could be obtained under 95/-, the London | their scope or nature will be removed. rate being still firm at 94/- middle. Ural but it is for the Governments of Japan Caspians are unchanged at 43/- with prob- und China to decide as to making them able buyers. Langkats close quiet with

public reported buyers in the North at Tls. 40.

REFINERIES --China Sugars under settle ment selling declined to 8113 with small sales at this and a slightly higher rate, market closing firm with buyers at 11 Luzons after advancing to & buying quotation of 931 have rooded to go sellers, and slightly under this would probably be accepted.

MINING-Raubs have been booked at $3.70 and 83.75. Tronohs are unchanged at 2/6 with probable sellers, and Kailnas nt 32/- nominal.

On May 1, Mr. Outhwaite asked the Steretary for Foreign Affairs whether his rent inability to give the House of nature of the demands that had been made Commons information regarding the by the Japanese Government upon China was to be taken as signifying that it was the policy of the Government to give pledges of secrecy to foreign Govern ments in connection with matters vitally affecting British intereste

Bir E. Grey: There is no question DOCKS, WHARVES AND GODOWNS.-Hong of policy involved. It is one solely of kong and Whampoa Docks have varied fact. I am unable to publish information between 86% and 263 with a small business given me confidentially by another Gov- passing, the market closing dull. Kowerment. I could, of course, refuse in loon Wharves have been done at $68, and ature to receive any information froni 400) and there are buyers at the former any foreign Government except on con- rate and sellers at $69. Hongkow Wharves are wanted in Shanghai at dition that I publish it at once, but I do 83, Shanghai Docks closing with a nominal quotation of Tls, 52 and New Engineerings at Tls. 8.

LANDS, HOTELS AND BUILDINGS.-Hong keng Landse in request at the improved quotation of $108, and Hongkong Botels at $115, but no shares are available under a further advance. Kowloon Lands and West Points are unchanged with bayers at $40 und $71 respectively, and in each case a higher rate would undoubtedly be paid. Humphreys Estates are procurable at $0.90 and Central Estates at $100.

COTTON Mus-Littio has been done in this section, and the closing rates with the exemption of Shanghai Cottons, which are wanted in the North at Tls. 35, ere more or less nominal.. We quote Fws Tls 102, Internationals Tis. 90, Kung Yicks probable sellers at Tis. 14, Inum Kung Mows Tls. 69) and Boy Chees Tis. 44. Hongkongs have been booked at $71.

MISCELLANEOUS, China, Bornes have been booked at $10, Cements at $0.80 and $6.90, Electrics at $393, China Previdents. at 86 Ropes at $26), and Hongkong Trams at 8, all closing steady at quota tions. There are sellers of China Lights a84 and of Watsons nt 86.50.

MEMO-Hongkong Settlement June 25th and Shanghai Settlement June 29th.

LAW OF THE HUNS. UNIVERSITY MAY BE SHELLED..

tho

well-known

German

In an article in the Hamburger Nachrichten the question "How far is the dropping of explosives from air craft permissible?" is discussed by Dr. Alfred Šiewking, authority on international law.

As quoted by Reuter the jurist says Any infraction of the law of nations demands reprisals As a reprisal, it is, of course permissible to visit und fended Reprisal is punish towns with bombs. ment, and the more it is felt the better.

The question of the possibility of com tactical bining with it strategic Or results is quite a secondary matter.

We should, for example, be perfectly justified, as a punishment for Russian marauding raids, in showering bombs on Oxford or Cambridge, or imposing a high fine on French towns.

From the juristic point of view our enemies, so far as they are allics, form one cutity, and the idea naturally occurs to take the civiliser nations, England and France, leel what kind of creatures their brothers in arms are.

not think it would be for the public advantage that I should do that, and as long as that it so I must sometimes be placed in the invidious position of being in the possession of information that I am unable to give to the House.

Mr. Outhwaite asked the Secretary for Foreign Affairs whether the fact that the Chinese Government opposed the demands: made by the Japanese Governmont, and only came to terms after the delivery of an ultimatum and threat of enforcement by arms, jadirated that the action of the Japanese Government had been in viola- tion of the Anglo-Japanese Treaty for the maintenance of the independence of China and of equality of economic oppor- tunity in that country; and could he state whether any assurance had been given to the Chinese Government that His Majesty's Government adhered to these principles.

S' E. Grey The answer to the first part of the question is in the negative.. As to the second part, no such assurance was asked for or was required, and no breach of the Anglo-Japanese Treaty had occurred.

COMPANY

MEETING.

GREAT NORTHERN TELEGRAPH COMPANY.

THE HONGKONG DAILY PRESS, SATURDAY, JUNE 19TH, 1915.

PRINCE OF WALES' FUND.

STRECHUPTION LIST NO. 87,

Mg, and Mrs. Gi, L. Platt (June)...$ Mr. J. McGregor sh

Vollected by Compradore, "of Messrs. Gilman & Co. 1–4· Mr. Yeung Yau Sing $ 30.00 Mr. Pang Shiu Ming.... – 30.00 Mr. Young Ming

20.00

Mr. Yuu Sing Cheong 15.00 15,00 lx. Khong lui On

5.00

Mr. Hu In Hing

In Han The Chương 500

Mr. Foole Cheong

Mr. Ah Fook

Ma. Chan Hee

Mr. Young No

Mr. Au Jon

Mr. J. A. Tran......

5.00

5.00

5.00

10,00

10.00.

-7.00

Mr. Lan Yik Casuk... 79.00 Mr. Sundries

920.00

Staft, Taikoo Dockyard (May)... Hou. Mr. C. Severn (2nd. Sub.).. Members of the Institution of Engineers" and "Shipbuilders (May). Mr. A. F. Clark Mr. A. M. Chunnett ... Collection box, Phocịx Club Hongkong Tramway Co., Ltd.,

collected in the boxes in the team card from 28th May to Ft Ja..... Botha Suberiptions: -- Mr. R. D. Jones

(June) ......

20.00

9.00

210.00

345.00

100.00

250.00

10.00

20.00 23.00

60.05

.8 10.00

Mr. and Mrs Wilding

(May)

15.00 Mr. R. R. Cuthbert... 10,00 Mr. and Mrs. W. Stark

Toller (May)..... Arthur Lawrenes Tol-

ler (May) Goruki Stark Toller

(Jay)-

10.00

3.00

2:00.

50.00

Mr. R. D. Harvey's Fund.

Collected by Mr. P. A. P. Pat-

rick (Kongnioon) May:- Mr. E. A C. Fried richsen................... Mr. M. Friedman ..... Mr. J. Chipperfield .. Mr. H. Scrimshaw Mr. E. E, Huckle ..... Mr. J., B. Izatt..... Mr. F. A. Page Pat-

rick

$4,00

2.00

6.00

4,00 5.00

10,00

10.00

_Mr.__G_C._White

5.00

10.00

An nymous

Collected by Mr. G. B. Worby

(Amoy):

Mr. W. H. Borley

(May)

..... 4.58 Mr. A. P. C. Hicks

(May)

Mr. H. L. Mecklen- burgh Feb./May..... Mr. G. B. Wody

(May)

4.58

37.89

-10.00

Collected by Mr. H. Murray

Bain (May).

Mr. W. A. Doualdson $ 15.00 Mr. H. Murray Bain 15.00 Mr. W. F. Knapton..... Mr. E. Seth

3.00

5.00

5.00

Mr. G. Harper......... Collected by 3r. J. Arnold

(May):

Capt. It. A. Birss$ 5.00 Capt. A. C. Smith... 5.00

Mr. J. Wilson

Mr. J. Doyle

Braight forward ......9° 1,710.07 Already acknowledged Lists.1/90.9253,225.00

. $254,996.06 Monilly Spheriptions

320.75 Arenily acknowledged Lists 1/36 §. 48,085.39.

$46,402.07

$300,402.13

Romitted to London:-

22/12/14 £17.000@1/95/16

20 315 7:0001/97 & 1/10

28.5/10 2.000 @ 1/97

200,137.47

Balaner und 13,281.06

X. J. STABB.

Hon. Treasurer.

Hongkong, 17th Jane, 1015,

CORRESPONDENCES|

HONGKONG POLICE RESERVE.

[TO THE EDITOR OF THE HONOKONG

DAILY PRESS."

STR,-- "reading your paper this morning I recognised a copy of a notice I received as a member of the Hongkong Police Reserve, headed General Per- sonal Notification."

|·' I had considered the pctification issued

by the Commandant as private and confidential, but as it has received a place in the columns of the Press, it will not be, I hope, imprudent for me to make a few remarks touching same.

When the idea was first brought for ward, at the outbreak of the War, of forming a body of Special Constables, I, as one of the oldest of Colorists, offercu my services, and I am glad to say for a time was doing duty on patrol work. That small and insignißcant contribution -doing your bit-gave me infinito satis- faction, and I am glad to say to day that I did not miss a single night's duty. Others who were with me have expressed to me the same satisfaction.

I absolutely concur in the remarks et forth by our worthy Commandant-in-th- 61.00 circular he has just issued, and I am quite sure that a large majority of my comrades will do so, when they seriously reflect on the present situation, one of all- round uncertainty, and the good they might do in assisting to quiet any trouble) that may come along--it won't come along with three days grace before maturity.

67.05

Let us combine to do our best to become fairly efficient in Infantry Drill, Rifle Shooting, and a knowledge of the duties of an ordinary. Police Constable, as suggested.

We all know that an untrained force," 43.00 that is, one that is deßeient in its duties,

can never render a good account of itself when the tinie for action comes.. There-

fore, do not let us allow the Police Reserve to be thought, or even hinted, as a dernier resort for those who cannot, or will not, toe the line.-Yours,

S. P. R. CONSTABLE 78.

INTIMATIONE

LANE

CRAWFORD & Co.

(ESTABLISHED 1850).

(TELETUONE 1741). ·

TROPICAL WEIGHTS IN

AERTEX CELLULAR

SHIRTS & UNDERWEAR.

AERTEX VESTS $2.00 TO $3.50 EACH..

AERTEX

$2.00

DRAWERS

AND $3.50 PER PAIR...

AN AERTEX CELLULAR COTTON VEST (HALF SLEEVE) AND TRUNK DRAWERB, as illustrated, is. An Ideal Suit of Summer Underwear.

WHITE LISLE DAY SHIRTS.

SOFT SINGLE CUFFS,

$3.75 AND $5.00 EACH. WHITE LISLE TENNIS SHIRTS COLLAR ATTACHED,

IT

$3.75 EACH. “

WHITE COTELLA” DAY

TENNIS SHIRTS

$2.75 EACH.

Wear AERTEX Cellular

and keep cool.

AND

AERTEX: ventilates the body-lets out the heat and koops the skin dry and

Vogi.........

It prevents that uncomfertalle warm feeling caused by too closely woven underwear. It is beautifully soft and will not irritate the mest sensitive skin. Doctors Piccmmend it as the most healthy fabric ever invented.

LANE, CRAWFORD & CO.

WE

[22

ARE OFFERING FOR ONE MONTH ONLY

A

SPECIAL

IN

LINE

ᎠᎡᎪᏴ LINEN.

Mr. J. Stopani.....

2.00

Mr. C. P. Archer..... Mr. G. K. Kew

2.00

5.00

10.00 5.00

94.00

Collected by Mr. C. E. Warren

(May) :....

Mr. A. J. Walters... Mr. H. Stainfield

6.00

5,00

Mr. R. H. Hanson....

5,00

THE HONGKONG VOLUNTEERS.

SORTS ORDERS'DY LIEUT.-COL. 4. UHAPMAN, V.D.

COAT AND

Mr. A. Cordeir......

3.00

Mr. J. Acock

3.00

PARADEA,

Mr. J. Xavier

2.00

1. Parades for to-day (Saturány).

Mr. E. James .....

2.00

Mr. A. J. Lindberg.

2.00

Mr. Brath..............

2.00

Mr. C. E. Warren ...

3.00

Mrs. C. E. Warren

2.00

1.00

Mr. C. W. Olan

1.00

36.00

Collected by Mr. T. Carr Ram-

sey (Swntow) May:

Officer on duty: Capt. Murray Sentt.

AT KOWLOON (DETENTION CAMP). On duty to-night to 20th inst.:

H.K.V.R.

LONDON CUTTER.

Hongkong, 14th June, 1915.

Mrs. J. Olsen

Mr. G. D. Pitzipios... 16.50 Mr. W. G. Lay.......... 20.00 Mr. J. M. Farhos.... 20.00 Mr. C. Hodsoa .....

10.00 Mr. H. B. McLachlan 10.00 Mr. S. Backer

10,00 Mr. A. Macgowan ..... 10.00 Mr. V. R. Vick

10.03 Mr. R. T. G. Murdoch 10.00 10.00 Mr. G. H. Fletcher...

Mr. H. G. Hobson ... 10.00 Mrs. W. G. Zay....... 10.00 Mr. Teo Yen Swce .. 10.00 Mr. C. H. Wood! ...... Mr. J. A. Pearne Mr. C B Holdsworth Mr. A. R. Pollock ..... Miss Dawson N

10.00

5.00

6.00

6:00

5.00

Mr. Tan Cheong Yong 5.00 Mr. T. Carr Ramsey.. Mr. Tau Book Els Mr. Lim Mark Chunn

5.00

5.00

5:00

Rear Admiral F. C. Bardendeth, DR.N.. in rendering an account of the working of the company during the year 1914, said that although the financial. results of the year 1914 had been eminently satisfactory, it should be remembered that the increase of the receipts, being due to the war, is a temporary one only. Notwithstanding that the company may at any numert be placed in a difficult position, the board of directors was glad that the unexpected increase of the receipts warrants the distribution of a total dividend and bonus for the year of 22 per cent. At the same time, the board proposes, as an exceptional measure, to add a further sum of £55,555 11s. 1d. to the reserve and renewal Fund, a proposal which is instified by the continued depre cation of the investments, amounting to about $188.coo, during the years 1912, He continued: We also 1913, and 1914. regret to announes that from July 1 Mr. F. CC. Nielsen, after about 45 years' active service in the company, has, owing

Mr. W. M. Uperaft to failing health, tendered his resignation as the company's representative in Eng- land, a pesit on which he has filled with conspicuons ability for over 24 years. Mr. Nielsen's connection with the company. will, we are happy to state, not be entirely severed, as he has conse led to be retained.

Mr. Heng Tek Blong.. 600 Members of the E. P. Mission

(Skatow) May Members of the C. M. Customs

Staff (May) Collecter by Mr. R. D. Harvey:

Mr. J. H. Backhouse 8.5.00. Mr. J. Stalker ..................

2,00 Mr. G. Witchell (Do

10.00 nation)

The idea, unfortunately so often expressed, that we must not enbitter Eng land because we must again have relations with her after the war is un-German. It ignores the character of the English, it means an abandonment of that German loyalty which we owe to our own people, a consulting capacity and thus give Tess dif. in exchange at Swatow it ignores the seriousross and the charazer of the present war the German war, if ence and intimate knowledge of the

there ever was one!

73

7 a.m. Signalling Section, Signalling

Instruction at Headquarters. Remainder: Nil...

DETAIL

2-0 duty at Gun Club. Hill, Kowloon, until 26th inst., No. 2 Section Artillery Battery:

Orderly Officer: 2nd-Lieut. Bonnar,

H.K.V.R.

Orderly Sergeant: Sergeant Hurley,

H.K.V.R.

Orderly Officer from to-night to 23th

inst Lieut. Kennett, Orderly Sergeant from to-night to 26th |

inst Sergt. Frith.

G. E. STEWARr, Capt...

Adjutant, H.K.V.C.

HONGKONG POLICE RESERVE.

(CENTRAL POLICE STATION,)

PARADES.

Saturday, June 19th.-No. 3 Platoon an all Company, under Recruits, Chinese Crown-Sergeant Mow Fung, 3 p.m. Monday, June 1st. Nos, 1 and 2 Platcons

Chinese Company, and Nos. 1 and 2 210.60 Platoons, Portuguese Company, under

their own Commanders, 5.30 p.m. 06 00 By courtesy of the Brother Director, the Portuguese Platoons will drill at St. 51.00

Joseph's College during next wock."" NO. 1 PLAZOON BRITISH COMPANY.

Sergeant H. A. Lammert will take charge for the Drill Cup Competition, and is Ur- appointed Platoon Commander. Avoidable circumstances have crused Sergeant T. Hynes to revert, at his own request, to the rank of Constable.

NCSKETRYJUNE 19TİL Members are reminded that the Green Islan

Cement Company's Launch will leave Murray Pier at 130 p.m. sharp. A Pole? Launch will also leave the Pier at L p.m. aharp, taking a limited number of

F. C. JENKIN,

(Yunnanfu)

15.00

Mr. H. Parker (Yun-

Danfu)

1.50

33.50

81,734.09

29.96

men.

1,710.07

the board the benefit of his great experi

Currency

company's' affairs in England.

D. S. P. (Reserve).

TROUSERS $7.50.

GROSE & CO., LTD.,

TAILORS,

29, DES VEUX ROAD,

BEFORE LEAVING

HONGKONG.

[662

FOR HOME

ON A HOLIDAY

ORDER THE

HONGKONG WEEKLY PRESS "

TO BE SENT TO YOU, AND SO

KEEP IN TOUCH WITH THE FAR EAST.

ALL THE NEWS OF THE WEEK FULLY RECORDED, INCLUDING THE MOVEMENTS OF THE (LOCAL MARKETS.

[24 PAGES!!!

24 PAGES!

24 PAGES!!