1916-03-18 — Page 3

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HONGKONG TENNIS TOURNA-HONGKONG SHARE

MENT.

YESTERDAY'S RESULTS,

The following are the results of the games which were played yesterday in the Hong. kong C.C. tennis tournament:

PROFESSIONAL PAIRS.

S. H. Dodwril and J, Syme-Thon Bent. Dr. Lindsay Woods and Dr. Glaister, 6-3, 7-5,

MIXED HANDICAP DOUBLES,

Mrs Moxon and H. Hancock (owe:30) best Miss Hastings and R. A, Brand (reo, 1-6), 6-1, 8-8.

5

HANDICAP DOUBLES;

C. Thome and J. R. Wood (rec. 2-6) beat F. Sutton and F, A. Biden (rec, 1-0),

· 0-1, 6-2,

C. Stark and A. Whitmarsh (owe

1-6) beat H. W, Blade and E, Davidson (scratch), 6-4, 6-8, 0-4.

HANDICAP SINGLES "B"

W. P. C. Trafford (res: 24) beat A., B. Raworth (scratch), 6-1, 6-3,

W. J. Morrison (rec, 2-6), who was drawn against Hon. Mr. Claud Severn (rec, 15-3), had a walk over.

NAVAL SPORTS.

TO-DAY'S PROGRAMME.

The programme of sports promoted by the Indies of Hongkong to be held at the Naval Yard, Hongkong, this afternoon, is as follows:-

1.-440 yards Flat race. Opeu.

2.-100 yards Flat race, Veterans.

Open to all rotings over 35, 3.--Tug of War. One team, from each

ship present. 8 in a team. 4-Sack race,

5-100 yards Flat race, Open. 6-Tug of War. Pud heat 7--Threo-legged race. Open

8 Potato race,

9. Apple race. Open. Race to a tub with floating apples with handy tied behind back. First to secure apple between teeth and return. 30.--Tug of War. Final. 11-Helay race. Teams of 4. 440 yards,

One teaut from each ship present. 12.Baluciavá Melée. Teams of 6 couples,

One team freni each ship present. (Competitors in Sack race should supply a bed-cover each),

·PRIZES,

Events Nos. 1, 2, 4, 5, 8, and B.-1st $10, 2nd 85 and 3rd 82:

Events Nos, 3, 6, and 10.8-10.

Event No. 7—814,

Event No. 11-820;

Event No. 12-~$60,., -.

Entries from Towar n-tenders should be forwarded to Commander, Tamar, with- eus delay, specifying the No. of event.

PRINCE OF WALES' FUND.

HONGKONG'S LATEST CONTRIBU-

TION ACKNOWLEDGED, 10%

H.E. the Governur has received the following letter;---

|

THE HONGKONG DAILY PRESS. SATURDAY, MARCH 18mm, 1928.

ARKET.

Monaro Vernon & Smyth, in their weekly share report dated the 17th March, state:—

The local share market continues active, and clases with a good demand for both investment and speculative account at our- rêne quotation, Indos are again easier under selling pressure for settlement pur- poses, but for forward delivery no shares are obtainable on the basis of the east quotation, Docks have advanced sharply during the last few days, and close in strong request for both cash and time de livery. Plantation Rubber closes somewhat ensier at 3/54, and Standard Tin firm at the advanced quotation of £1921 for ready and £100 for forward delivery. Silver is to-day quoted a 274d. Sterling T.T. at 1/114, Shanghai T.T. at 728, and the Bank's buying rate for a d/s bills on Shanghai at 731

Bar

BANK.-Hongkong and Shanghais have been sold at $90 and close quiet but steady

et this rate,

rates named.

in

A MORE STRINGENT

BLOCKADE.

CHAMBER OF COMMERCE FOR

THE F.M.S.

A German newspaper has just described. The many business questions of common, the British blockade as “* belonging to the interest to the varioug States of the realm of humbug," and another has colled Federation that have recently been calling "a “hollow and impotent idol" The for action that would be uniform in effect, British publie do not for a moment believe such as the matter of enowy-trading, kas, these statements, or suppose that those ways the Times of Malaya, resulted in a who make them with h gach bell-tale irrita-schem, having been arranged for the estab tion themselves believe them. But opinion lishment of a Central Chamber of Com in this country has undoubtedly come to merce for the whole Federation. From what the conclusion that our grip on German can be gathered at present, it is understood imports is not at all so tight as it ought that each State will have a specisi com. mittes with a head commitice in Kaala to be, and as we are determined to make Lumpur. The intention is to have a cen it. It is because they realize this deter.tral committee of soven members with a chairman and deputy chairman. This will mination, and foresee the unpleasant con-

be made up by three representatives from sequences which will follow from it to Perak, and four from Selangor and Negri Sembilan. The constitution of the new themselves, that the German journals are body is practically complete, and the Cen- pooh-poohing the growing pressure which tral Chamber should soon be at work with they dread. It is now very widely felt that such general questions as the restriction of the Foreign Office for a great number of enemy trading and other matters of com- years past have given countenance to prin-mon interest to all the States, ciples which threatened to rob, our sen power of its most effective weapons in war, Wo know that they wholly misconceived

the relative value of the ductrines of con- traband' and of blockade when applied to MARINE INSURANCEB Cantons continue the destruction of the economie life of in demand at 2422), and Unions can be such enemies as Germany. Under that mis. conception they were ready to sanction, plnend at 8076. North Chinos are quiet and in some cases they did in fact, sanction ot Tls. 180, and Yangtzes unchanged at so far as the onld doctrines which seri. the nominal quotation of 2800 with ex. 73,ously hamper the activities of our Navy. Happily, the worst of these mistakes had FIRE INSURANCES-Chinas have been not become irrevocable when the war broke booked at $162, and Hongkongs at $415, out The House of Lords saved England both closing with probable buyers at the the Empire from that calamity by their refusal to accept the Declaration of London. But the Foreign Office have been haunted all along by the remembrance of their old theories, and the public, rightly thoir bygone blunders and the remains of or wrongly, believe that the cold hand of decision of the Government, and the activi. these ghosts has constantly paralysed the ties of the Navy They remember the Prime Minister's declaration, made ten prevent commodities of any kind from months ago, that we were resolved to reaching or leaving Germany" That was a policy which they understood and ap- proved. They neither understand nor ap prove the faltering and ineffective fashion in which it has been carried out, or the glosses and reservations which some of Mr. Asquith's colleagues have subsequently sought to put upon it.

at

SHIPPING-Douglases have been active demand and close with buyers $139, after fairly extensive sales at this rate and at 8133. Indo Chinas under, pros suro of settlement influences have declined to a buying quotation of 8181 for the De- forred, the Preferred being in request at 847. At the close there are buyers also

for forward delivery at full equivalents, but no sellers, Star Ferries have sold and are wanted at $39), and Steamboats after males at 8173 and $18 can now be placed at 318.

Oils. Shells have been booked to a con- siderable extent at 38/- and 98/8 and close in further request. Ural Caspians are want- ed at 35, and Langkats can be placed in the North at Tls, 181.

REFINERIES.-China Sugars after sales at $143 close quieter with probable buyers at $144. Luzons are also on the quiet side,

but without chango at $13 sales,

BRITAIN'S FINANCIAL

BURDEN.

BANKERS PREACH THE GOSPEL OF ECONOMY.

Some highly important statements relat ing to Britain's financial position, the need for strict antional economy, and the abso late necessity of reducing the present standard of living and the avoidance of all forms of luxury were made by banking Loudon joint stock banks. experts at meetings recently of the big

Appended are extracts from the various statements:

Lord Inchcape, who presided at the meet- ing of the National Provincial Bank of war with a debt of £5,000,000,000, that England, observed that if wo ended up the would only won, with 5 per cent, interest and 1 per cent. sinking fund, an annual charge of £300,000,000. Adding another £200,000,000 for pre-war annual expendi- ture, another £100.000.000 for pensions, the total would be £600,000,000 a year. Our present tuxation was bringing in £100,000,000; go that we should have to pro vide another £200,000,000 yearly. This could be done by additional taxes, and, to some extent, by a reduction in extravagant expenditure, both public and private. The

INTIMATIONZ

LANE

ORAWFORD &Co.

JUST RECEIVED:

ANGLO-ORIENT

SEAMLESS REVERSIBLE

CARPETS

AND RUGS.

TWO WEARING SURFACES INSTHAD or ONE IN CHARMING COLOURINGS AND DESIGNS.

THEY ARE OF

BRITISH MANUFACTURE

DURABLE

BOTH

AND INEXPENSIVE.

WE HAVE THEM IN

SQUARES 3 by 2, 3 by 3 and 3 by 4 Yards.

AND

CORRIDOR, HEARTH, SOFA, AND BEDSIDE RUGS.

COLOURED LITHOS ON APPLICATION.

LANE, CRAWFORD & CO.

standard of living would have to go down, HONGKONG, CANTON, MACAO

Mr. Francis Augustus Bevan, at the meeting of Barclay's Bank, referred to the and suggested that the Government should unrestrained extravagance of every side, formulate some scheme of life insurance for attracting the surplus wages now being paid to the working oases. The Govern ment could offer higher endowment policies than under ordinary conditions for the same premiums.

Mr. Cecil F. Parr presiding at the meet. Germany tust already he more or less ruined commercially, even if the war stop- ped to-day. Ministeria! utterances on the Icons of thrift and economy had in this

try fallen on deaf ears, yet the need about effectively was to exclude rigorously was urgent. The only method to bring this by heavy duties all imports not essential either to living or fighting. This would tend to cheapen ouy necessary import, by setting ships free.

The fundamental fact which impresses the plain man is the portentous growth in the imports to the neutra! States which adios Germanyaquse of truth, and even there may be a measure even a considerable measure of truth in some of the objections which are being made in different quarters to the validity of what MINING-Kailan are in demand at the is the obvious inference from this remark improved quotation of 30, and a higher able phenomenon. But it will need som rate would doubtless be paid. Tronohs,thing more to satisfy him that the excess following the improvement in Tix, have of 57,000,000 odd pounds in the impurts of advanced to a buying quotation of 30/cocos into Denmark and Sweden for the with sales reported at this rate and at eleven months ended 30th November over 40/- Raubs are quict but steady at $3.20 the average imparts of that period in whol Docks, WHARVES, AND GODOWNS.-Hongly unconnected with a German demand, korg and Whampoa Docks after further The coffee imports into these two countriesing of Farr's Book, was of opinion that. sales at $108 and 8109, have suddenly and Holland for the same period is above jumped to a buying quotation of 8118, the normal consumption by nearly with sales reported at $120, the new shares 270,500,000lb., while Denmark in Novem standing in at the usual reduction of $5 ber increased her ordinary demand for some 10, Buckingham Gate, London, S.W. per share on these quotation, Kowloon 18,000,00h. ef oleaginous nuts to more February 17th, 1916. Wharves continue quiet, but can be placed than 10,000lb. These nuts, it need YOUR EXCELLENCY.I have the pleasure nt $71. Shanghai Docks have been booked hardly b said, can be used for the manu to inform you that I have to-day received at Tls, 65 and more shares are wanted at facture of explosives. If these figures are from the Hongkong and Shanghai Banking this rate.

correct, our blockade policy really does Corporation a cheque for £297 48. 30,

LANDS, HOTELS, AND BUILDINGB-Cen seems to lie somewhere very near the representing the equivalent of a further amount that has been so generously sub-

tral Estates are quieter and close with realm of humbug" to which the German scribed in Hongkong to H.R.. The sellers at 899. Hongkong Lands are pro- newspaper consigns it. At all events the

Mr. Walter Leaf, at the meeting of the curable at $104, and Kowloon Lands priordinary man finds himself driven is the London County and Westminster Bank, Prince of Wales" National Relief Fund. and for which I thank you. I have etc.,bably at $38. West Points are wanted at belief that large quantities of these articles urged the sale of all American dollar

L.. E. HALSEY.

887 after sales, and Humphreys Estates at of food and commodities for the manufaecurities to the Government, the invest C.F.

$6.63. Hongkong Hotels are unchanged ture of ammunition, do find their way into.ent of all surplus woney in Exchequor with sellers at 8112).

Germany, despite the very genuine efforts bends, and the most important of all--the of the neighbouring Governments to re- abandonment of all luxuries. Waste, ho strict her supplies. So far as cocon and said, was now the greatest sin against our coffee are concerned there does not seem to country.

apon Germany's be any dispute. There is no question that resource, had begun to tell, and everyone. by a more rigorous exertion of our se could help in the assault which must bring power we can enrry out Mr. Asquith's final victory, podk declaration of last March much more effec tively than we have done hitherto, There are disadvantages to that course as there are to every other. Do they really out weigh the plain and palpable advantages The public de aut believe it. They think that within the principles of justice and of international law we ought employ transformed. It is the business of the our sea-power to the uttermost They Courts and of international urists to apply. know that this must cause inconvenience the old principles, which themselves are to certain neutral interests, and they know based upon natural justice and humanity, that those interests will cry, aloud-some

to these changed circumstances. That is of them possibly under the baton of a Ger.

what their predecessors have constantly man conductor; but they do not believe done in all lands, and very notably in that it will be unjust to anybody, this country and in the United States.

The first step towards a more effective maritime policy is the conversion of the

His Excellency, Sir Francis H. May,

K.C.M.G..

Hongkong.

COMPANY REPORT.

CHINA SUGAR REFINING CO., LTD.

The report of the General Agents (Jar dine, Matheson & Co., Ltd.) of the China Sugar Refining Co., Ltd., for presentation to the shareholders at the thirty-eighth anupa) general meeting, to be held on the 29th inst.. says:-

COTTON MILLS-After strength, this market closes easier with probable buyers of Ewos at Tls. 145, und sellers of Kung Vika at Tis. 14. Shanghai Cottons at Ts. 03. and Yangtszepoog at $61

MIBCELLANEOUS. - China Borneos have sold at $103, Comente at $10.20 down to $10, Trams at $0. Dairy Farms at 830, and Ropes at $41 and 840. At the Close thore are bayers of Dairy Farms at $32, Cements at 810.10, Electrics at $44 Peak Trams at $10 and 65 cents for the old and now respectively. Watsons at $7.10, and Powells at 85. There are sellers of Ropes at 240, and at Hongkong Trams at 26.

MEMO.-Next settling day, March 20th.

The nett profit for the year ending. 31st December, 1016, amounted to $1.148.970.89 and, after deducting the previous year's CHARGE OF FRAUD AGAINST Debit balance of $304,602.78, there is left 8814.374.11, which the General Agents and the Consulting Committee recommend should be dealt with as follows:--

To pay a Dividend of 13 per

ceat,

.-$240,000.00

To place to repairs and ro-

newals account.

To write down (Swatow Pro-

perty account,

To write down Hongkong

Property account

To place to Equalization of

Dividend Fumi-

50,000.00

100.000.00

100,000.00

200,000.00

To pay Bonus to staff ........ 20,000.00

carry forward to News account

84.374,11

8844374.11

Owing to the European War and the elimination of the Beet competition, we have been able to work under much more favourable conditions. We feel sure that the proposal to utilize the past year'a successful working to strengthen the posi tion of the Company will appeal to share- holders.

The Government of Kedah (British Malaya) has given a sum of 320,000 to the Imperial War Office to be employed in any way connected with the war that the Sagretary of State may droido This action has given great satisfaction to all classes in the little State,

CHINESE

ALLEGED TO HAVE VICTIMISED

A EUROPEAN,

"sort of blockade now in operation inte

a-regular blockade. This, as the American Navy authorities have informed the State: Detective-Sergeant Murphy yesterday world. We have only to issue a Proclama

Department, is the simplest thing in the arrested a Chinese named Liu Tsa Wo, who tion in due form and to act upon it. It was described as a prospecter and mining does not seem to be doubted across the proprietor, on a charge of conspiring to Atlantic that this blockade would be imme defraud John Peter Somerville. Chief Officer of the ss. Taj Shon, of 81,400. Apdiately effective under international law, The Magistracy Mr. FX d'Amada Not only would this measure gratify applied for bail on behalf of the defendant, Ball was fixed at $1,500, and the case was | adjourned-until-to-day,

A CHARGER'S FAITHFULNESS.

The drain

As the meeting of the London and South- Western Bank, Mr. Arthur Bilbrough en- phasised the necessity of rigid economy, Everybody should work full time and put by what they could.

It was in this way that the doctrine of continuous voyage" arome in 1758, and

in this way, that it was immensely broad-

ened by the American Courts during the Civil War. They found in it their mest and against breach of Lockade. We are effective weapon both saiust contraband not sure that by a further broadening it may not serve to remedy with equal efficiency the one serious disadvantage to which the proposed change in our maritime policye might expose, unless, indeed, we may "pecial provision against it. Under the doctrine of continuous voyage, the British. and American Courts have held that the guilt or innocence of goods is determined, not by their apparent but by their mate destination." That safeguards a bel ligerent against attempts to get gonds into the enemy's possession by conveying them to a neutral part. There is no sp- parent reason why the same principle ought not to safeguard him against the enemy's attempts to get goods out of the enemy country by first sending them to, or selling them for that purpose to, an intermediary in such a port. If ultimate destion.

ulti-

WEST RIVER STEAMERS.

JOINT SERVICE OF THE HONGKONG. CANTON AND MACAO STEAMBOAT CO., LTD., AND CHINA NAVIGATION CO.LTD.

HONGKONG-CANTON LINE.

Bingle Fare by Night Steamer Beturn

(available also for return

by day steamə")

门

Single Fare by Day Steamer Estorn

$6.0

10.00

€80

8.00

HONGKONG TO CANTON,

SATURDAY. 18TH MARCH, 1916.

1 CANTON TO HONGKONG.

9.00 am. HONAM,

·10.00 p.m. KINSHAN,

6.00, a.m. KINSHAN, 4.30 pm. FATSHAN.

SUNDAY, 19TH MARCH, 1916.

I

10.00 p.m. ME UNGSHAN.

6 p.m. KIFAHAN.

HONGKONG-MACAO LINE.

8.8. SUI TAI, Toca 1,651)

What

6.8. TAISHAN, Tons 2,004. HONGKONG TO MACAO. Week days at 8 am, and 2 p.m. from the Company's Wing Lok Street dandayı 81 9 km sad 1 p.m. from the Company's Wing Lok Birset Wharf,

MACAO TO HONGKONG Week day $ 7,80 am, and 2 p.m. Sundays at 7.80 am. and 3 pun, EXCURSION TO MACAO. SUNDAY, 19TH MARCH, 1918.

The Company's New Steamship

.:

“TAISHAN *

Will depart from the Company's WING LOK STEKEZ WHARD 1150 a.m., sad return Tross Misano at 3 p.m.

N.B-The Company will also run a Steamer from Macao on Sunday at 7,30 'adé, wad from Hongkong it 1 p.m., from the Company's Wing Lok Street Wharf,

FARES AS USUAL. MACAO-CANTON LINE.

B.8. SUI AN.

Departure from Maoso so Canton on Monday, Wednesday and Friday, 1119 pan. Departures from Canton to Macno on Tuesday, Thursday and Saturday, at 480 pla

JOINT SERVICE OF THE HONGKONG, CANTON AND MACAO STEAMBOAT 00., LTD., THE CUINA NAVIGATION CO., LTD. AND THE INDO-CHINA STEAM NAVIGATION CO., LTD, CANTON-WUCHOW LINE

8.8. BAINAM, 588 tons, and 9.8. NANNING, 569 tons.

Ons of the above Stonors leaves Canton for Wuchow every Monday, Wednesday and Friday, at about 8 am, and the other leaves Wuchow for Canton on the same days s$8.30 ame Round trips take about 5 days. Passengers can return to Hongkong or vice versa by the Company's direct Steameza LANTAN and SANUL These vessels kave superior. Cabin socommodation, and are lighted throughout by electricity. Electric Fazi in enob Cable,

Booking Oilos open daily (Bunday excepted) 9.m. to 5 p.m. -Fürther particulars many be obtained at the Office of the w

HONGKONG, CANTON & MACAO STEAMBOAT Co., LTD.,

Hotel Mansiona (First Floor), opposite the Blake Fier.

[198

Americau opinion and feeling, but it would also tend to a generaj simplification of the position. The Navy would be less trammelled in their action. There would bo fewer references to the Foreign Office and fewer orders to release suspicious ships and cargoes The sailors would know what to do, and they would do it. The rest would A remarkable story of a horse's faithful-

be left in most cases to the Coarts and not ness is related in the monthly magazine of

to officials and their political chicis. A the Claremont Mission; Pentonville, by one second measure, which opinion almost un of the Coldstream Guards. He says:

animously demands, a wide extension of After the fierce fighting at Loos it was our contraband list. There is nothing pow ticed that there was a horse standing revolutionary in such a proceeding between the firing lines. For two days. All nations have recognized in practice the ho remained there. Then some of our necessity in this respect of bringing newtion of a guilty kind faints the whole CLARKE'S Organs in either sex. These Le crawled out, and found that he was facts under accepted general principles transaction in the one case, frst origin of standing by the dead body of his rider. It is essential in considering the justice a guilty kind surely taints it in the other. and would not leave the spot The horse and the expediency of similar changes to This application of an old and equitable itself was unharmed. Later on goth of bear constantly in mind that this is the rule would enable us to prevent commodi our mes very bravely arranged to get first great maritime war that has beenties from reaching or leaving Germany out to the horse again, blindfolded him, fought in Europe for a hundred years In through neutral parts and thereby com and brought him back to our lines. Bo that time all the circumstances which conplete the temporary destruction of her no other means could the faithful beast dition the application of a large number foreign trade which is the end our mari- be persuaded to leave its dead inaster. of these principles have been completely time policy has in view-Times

B. 41 PILLS:

A warranted cure for alf acquired or constitutical Dis- charges from the Urinary

famous Pill also cara Gravel, Pains in the Back and all Kidney Disorders. Free from mercury. Forty yeare" suc- case. Sold by all Chemists and Storekeepers throughout the world.

LONDON BUYING AGENTS

We offer you our sertions as buying agents for British or Continental goods Established in 1844, but thoroughly up-to- date, our success is attained by making our customers' interests our first sim Five expert buyers, with capable staffs, manage different departments, buying greatest care every glass of goods, giving our customers all the advantages of wide experience, and ensuring their requirements being rightly supplied at lowest prices and beat

with

& CO., KEYMER=scounts

Whitefriars, London. Telegrams, Keymer, London,” Del 101K

58