1916-12-01 — Page 2

INTIMATIONS

THE HONGKONG DAILY PRESS, FRIDAY, DECEMBER · 1st, 1916.

S. Moutrie & Co., Ltd.

PIANOS

ΤΟ

HIRE

FROM

$10 Per MONTH.

TUNING AND REGULAR

INCLUSIVE.

TEACHING ENGLISH IN OUR HONGKONG SHARE MARKET.

LOCAL SCHOOLS.

Messrs. Vernon & Smyth, in their weekly share report, dated the 20th November, 1916, state-

A CHINESE BOY'S ESSAY.

In view of the criticism recently passed by a Chinese member of the Legislative Council upon the local Educational authorities because of the slow progress Chinese ata konts were making in their knowledge of the English language criticism which, it will be remembered. was endorsed by H.E. the Governor- the following admirable essay, written thy Chinese bag in one of the schools

here, will be read with interest. essay is reproduced exactly as written by the boy, and not only shows that the good knowledge of the author has language but also demonstrates that he has a'comprehensive and Intolligent grasping are the latest wired quotations for of his subject. It may be doubted who- Rubber shares:

The

thef the average English school-boy would

do as well. The essay entitled: "Tho R's of Japan," and is as follows:-

In the eyes of those living in the lute generation, the Japanese were no more civilized than the Thibetans of to-day. Fifty years ago, they would use their bows-and-arrows to prevent for- eigners landing at their coasts, not know-

ATTENTIONing that a single charge of a gun would

WHY SHOULD ONE DRINK

No. 10

WHISKY?

BECAUSE

ONE OUGHT.”

DISTILLED BY JAS. WATSON & Co., Ltd.,

DUNDEE.

SOLE AGENTS IN SOUTH CHINA:

Telephone 636.

hundreds of them to death. But is there still any man who dares cast on that dwarf nation an eye of contempt?

Japan has no history such as our China or other European countries have. Hor ry, which is worth a historian's pen or a scholar's attention, is of no more than fifty years.

Like America, she is going to create for herself, or rather for the world, a history that leaves to posterity a shadow of glory and marvel- lous deeds,

WAR CHARITIES. BUBSCRIPTION LIST: No 10 Already acknowledged. General Fund -

In the short period which has elapsed Mr. L. N. Lecte since our report, of 24th business has been Hongkong Gymkhana Club.

Ojagar Singh (monthly sub somewhat restricted owing to the Settle-

scription). ment, which passed off quite satisfac torily. Since then prices have ruled on

Staff Messrs, A. 9. Watson &Co., Ltd. (rionthly sub the firm side for all speculative stocks,

scription) img with Cements the principal feature of

Staff Messrs. Lane, Craw- intercat. The Investment market con-

ford & Co. (monthly sub- tinues dull, and the tone is distinctly in

scription) favour of buyers, although many sound

Corporal stocks give a very good return on pre-Collected from the Boxes at sont prices. Shanghai market remains in a comatose state, and no business acerus possible. Singapore market for Hubber shares is firm, and the price of the raw rasterial is well maintained. The follow-

Alor Gajabs Glencalys Kedahs

Star Fezzy. Piet, Tram Station and Blake Pier...... Anonymous

Scholars of the Kewloon British School (October).

Mr. W. G Lay

Mr.. T. Carr Rainsey

24.00

Mr. F. D. Bisseker

2.50

Mr. S. Berker

Mr. F. H. Fisher

4.00

Mr. T. J. Edwards

Kempas

7.78

Mr. W. Howard

Malaka Pindas Malakoffa

2.35

Mr. J. H R Hance

4.80

Mr. G. B. Joly

4.23

Donation Bridge

5.25

23.00

Now Serendaha Sandycrofts

Tapuhe

Plantation Rubber in London is quoted 3/10 per lb. Sterling TT is quoted 2/3 and Bar Silver 35d. Shanghai T.T. is nominal, also the Bank's buying rate for 3 d/s bills on Shanghai, Singapore TT is 98.

BANES.In common with other invest- ment securities, this has been a dull market, and sales have been made at the reduced quotation of $730.

FIRE INSURANCES. There are no sales to report. Hongkong Fires at $387, and Chine Fires at $160 are both obtainable at quotation."

MARINE INSURANCES. Have been very quiet. Unions are on offer at $950. Can- During the time of the Franco-Prestons at 8400 Yangtzes are nominal at sian War, by which the German Empire $250 with exchange 73, and North Chinas was founded, Japan was just labouring also nominal at Tls. 162. to carry out her great reforms. The then Mikado, an ahle, strong and clever mouarch, helped by his farseeing and diplomatic minister Ito, succeeded in

SHIPPING-Douglases were done at $127. clearing out of the way every obstacle that he met with, New Jaws were made. and 8181 for the November settlement, The National Assembly, was created and but have since strengthened to $122, at summoned. A new army was organized, which there are buyers. Indo-China De- the western dissipline being adopted. Aferred have improved their position, and new navy was built. The government aro now wanted at $139 cash and $140. began to send scholars to study in the for Deraber Settlement. The Preferred can be placed at $46. Star Ferries aro western countries, copying what was con- sidered good and avoiding what was wanted at $38, and Stearabeats at 3911, thought bad. The Mikado, Ueju, may be after sales at 502 compared to Peter the Great of Russia or William L of Prussia, The former

DONNELLY & WHYTE be resembled in his reforrns, and the

HONGKONG AND CANTON.

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JAEGER

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PREVENTS

STOCKED IN

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all weights.

CHILL.

GLOVES, various colours.

FANCY KNITTED VESTS,

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MUFFLERS, Avhite and coloured.

PYJAMAS, smart designs.

ull colours.

SHIRTS collars to match.

MACKINTOSH

& CO., LTD.,

MEN'S WEAR SPECIALISTS,

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16 DES VŒUX ROAD.

IT'S WORTH

THE BIG BROTHERY OF THE

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TESTING A TIN OF RECESS NO. 44

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BARININOHAR F<Z-AN

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I

IT WILL CONVINCE YOU THAT YOUR PRESENT SMOKE

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WESTMINSTER TOBACCO

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LONDON.

(1005

Mrs, Sandeman Anduymons

Part proceeds of open air Concert held at the Kow- loon Bowling Green Club un 14th October Victoria School Anonymoits

Sale of plants "A.H.C." StaffA S. Watson & Co., Ltd. (monthly subscription) Monthly subscriptions Invalid Children's Aid Asencia-

on

His Excellency Sir Henry

May, I.C.M.G., £

Daughters Royal Soldiers

Home

His Excellency Sir Henry

May, K.C.M.G, £10 Earl of Longdale's Charing

Cross Hospital

His Excellency Sir Henry

May, K.C.MG., ES National Committee for Relief

in Belgium:--

His Excelleney Sir Henry

May, K.CM.G., £18 Blue Cross Fund :—***

Sale of Programmes at Mr. Denman Fuller's Recital at Poak Club, per Mrs. Stedman Star and Garter Pund.

Part proceeds of open air Concert held at the Kow- loon Bowling Green Club on 14th October "An Indian Friend Red Crosse 201

OILS-No business has been done. Shells have remained nominal at 106/- until to-day, when there are buyers at latter in founding an empire. It may 102/-, and probably a little more would be compared to Bismarck. He, immed-be paid. Ural-Caspians have improved iately after buying succceded in carrying to a buying rate of 32/0. Langkats re- out his reform measures and in establieb main at Tls. 23 nominal.

REFINERIER.This has been a very quietCapt. J. H. Jensen ing the Empire, managed to annex Formose and Kores one after the other.market, and beyond a few sales over the Much of her glory Japan owes the two wars, namely, the Sino-Japanese War of 1893 and the Russo-Japanese War of 1904. In the latter Japan acquired Port Arthur and Port Dairen.

settlement scarcely anything has been done. China. Sugars are quoted $199 buyers and Malabons 837 buyers,

MINING-Kalans are 36/- nominal, Baubs are on offer at $31. Tronobs are nominal at 30/- ex div

All these marvellous deeds were done in about thirty or more years. No other Docks, WHARVES AND GODOWNS-Hong- nation has ever done the same within such kong and Whampoa Docks have been a a short period and under such unfav rather better market, and after sales at ourable circumstances, as their experi- $1314 have improved to a buying quota- ments, were not based on experience, tion of $133. Kowloon Wharves have habit and development, but on imitation, been firm, and there are probable buyers active discontent and patriotism. The at $84 Shanghai Docks are nominal at Prussian King was able to found the $87.

LANDS, HOTELS AND BUILDINGs.--Mar- German Empire because Prussia had been awakened by Frederick the Great.ket remains very quiet, and in the absence Yet since the death of Frederick in 1780 of demand for investment stocks there is Lands and a hundred years had elapsed before is no change in quotation. marek entered Paris and proclaimed Central Estates are both on offer at $101, Germany an empire in 1870. However, as are Kowloon Lands at $35, and West when the late Mikado set hands to his Points at 95. Humphreys Estates are reforius, national spirit was not yet wanted at $6.00. Hotels remain nominal given birth to in Japan. Ito, opposed at $115. by the courtiers and the commons, had resign several times before his ministry was confirmed. Now Japan is going to employ the Monroe Principle for Asia, for she is practically the Mistress of the Far East..

to

COTTON MILLS.-This has been a very dull market, and until Shanghai im- proves is likely to remain so. Sales of Shanghai Cottons are reported at $175, but there are sellers of Ewes at Tls. 100, of Kung Yiks at Tls. 16, and of Yang- tszepoos at Tls. 0.

The Japanese have been able to raise

NÚISCELLANEOUS.--Market has been very their country to one of the first rank Power in the world. Why cannot our quiet, except for a very persistent de Chinese do the same! But the Japanesamand for Cements, which has resulted in have nothing original to be admired. a considerable business from 810.80 cash They are only skilful in copying. How up to $11.10, at which there are further ever in one virtue they deserve our buyers. A large business has been done admiration. that is, shame. Mencius for forward delivery up to $11.60 for China Providents have been said: A man. must not be without March.

China Lights are wanted shame. When one is ashamed of having done at $8.

China boon without shame, he will afterwards at 1, and Electrics at $63, not have occasion for shame."

Borneos are nominal at $8 Ropes could be placed at $341. Tramways are offer ing at $7. Steam Laundries are in de mand at $38, and Peak Tramways at $10. Storis could be placed at 91. Dairy Farms are on offer at 825;

YARN MARKET.

Meso-Next Settlemeal Day, 22nd December.

RACING FOR WAR FUNDS.

SHANGHAI'S GENEROUS CON TRIBUTION,

Capt. . Hoeg Capt. 0. Olsen Anonymous

Lord Kitchener's

National Memorial Fund Proceeds of the Assault-at- Arms held at the City Hall on 4th November under the auspices of the Hongkong.

Reserve ...

Officers Pomilies Fund:- Monthly subscriptions Blinded Soldiers and Sailors

Fund

Monthly subscriptions ............... Pipe Fund-

Mr. F G. Becke (monthly

subscription)

F.M.C.A. Hut Fund:-

Mr. W. Gaton Cigaretti and Tobacw Fund-

Ladies' Bridge Book

Lies' Work Fund: ---

Peak Bandaging Class Mra. C. F. Swain Prisoners of War Fund: --

Some Mumbers of the Hong-

kong Club I Proceeds of pamphlet After

two years

per Hon. Trea- suret Union Church ...... Proceeds of Mr. Denmap Fuller's Recital at Feak Club

8159,944.31

202.20

5,00

GERMAN MACHINATIONS IN CHINA.

In spite of the war German activity bas by no menzis ceased in China, (ob- serves Eastern Engineering). On the cou trary, a lively propaganda is being car ried on there, not only by German traders themselves, but by the officials of the Legation at Peking and the various consular officers throughout the country. Not content with making, every prepa- 138.00 ration for resuming business after the war, 1.05 we learn that Germany is actually sup

plying machinery to China through Grms in Sweden and the United States either. 340 owned or controlled by Germans. As al 5.00 instance of the underhand tactics that

49.00

are employed to gain their ends, we may $1.20 mention that German agents in China. 20.00 tell the Chines that Great Britain is 5.00 blockaded by the Gorman fleet and 10.00 submarines, and that, therefore, it 18 10.00 impossible for them to obtain machinery 5.00 or anything else from that quarter. The 10.00 fact that would-be Chinese buyers have

5.00

written to British firms respecting tho 10.00

placing of orders, and have received ro 10.00

plies to the effect that they are so full 2.30 25.00 up with work that it is possible for 30.00 them to take further business, has lent

sone colour to the German campaign of lying. There can be no question that German traders have got their eyes fixed 175.00 on China fer exploitation after the war, 10.00 and they are leaving no steps antaken to 50.00 enable them to realise their object. Thus, 8.00 it was recently stated that German pris

oners are being taught the different dia- 48.00 lects of the Lainese, and although at 1,700.00 the present time. German trade with China is more or less at a standstill, she is retaining men of military age there to maintain her connection, and keep 44.99 the markot upon until she is again able

88.92

44.50

to enter into competition. It is also reliably stated that German merchants in China have secured sufficient, contracts during the war to give them a good com- mercial standing, immediately the war ia over. These, it is true, have mustly been A secured by graft and sharp practice, traveller recently returned from Chian stated recently that at the beginning of the war the Germans refrained from 134.88 quoting on any large contraet, but lately most of the largest contracts have fallen into German hands. When the specifica- tion for any large contract is now given out they invite the head Chinese con- 104:20 cerned to a magnificent dinner-most

100.00 25.00

Tho

Chinese deals are settled over food-s point the Germans have been quick to recognise-convince them that the war will be over in a few weeks, make them a handsome present, and secure their permission to insert a clause in their quotation tank the material is to be 10.00 10.00 supplied a certain time after the con- olusion of the European War. British firm, not knowing what has trans- pired, quotes price for the material to be supplied at the present time. Tho German this way secures good "face," as he has been able to quote lower than his competitors, and has secured the goodwill of the Chinese officials by a 761.90 little "cumshaw or present, which in no way comes out of his pocket, as his 85.00 price is higher than the after-war price

10.00 28.00

would be. These and similar tactics are being freely employed in China by 20.00 German traders who are aided on the

political side by the publication of pamphlets in Chinese spreading the most 5.00 fantastic lies about Great Britain and her Allies. We trust, therefore, that 30.00

adequate steps are being taken to coun teract this pernicions propaganda o China, and that British traders generally will be on the alert to defeat German machinations there, such as those indi- cated above.

8.25

57.70 30.00

25.71

HONGKONG RESERVES. 31.00 ORDERS SY MAJOR WAKEMAN, 0.0, H.Z.V.R

Friday, 1st December.

346,16

Total Subscriptions to date...8164,038.00 Les nuiounts allocated and

earmarked subscriptions" remitted and local pay- monts

$146,267.91

Balance in hand .......3 18,378.09

N. J. STABB,

Hon. Treasurer. Hongkong, 29th November, 1016.

FAR EASTERN MEN AND

THE WAR.

Fleet Surgeon J, C. G. Reed, who has just joined the battleship Thunderer, was surgeon of the sloop Algerine in the China War of 1900. He did duty in a temporary hospital between the ships and the Taku Forts, and subsequently accompanied the first water party to the relief of hard-pressed Tientsin. (Chine modal with clasp.)

The following members of "A" - Coy, will parade at Blake Pier at 3.30 Dril p.m. for Musketry. Dress: order:L/Sergt. W. J. Crawford, Corp. W Hill, Ptes H. M. Baia, W. J. Hodge, A. E. Wood, J. C. Clark, H. Seth. H. E. Scriven, E. R. Hallifax, F. W. White D. Clark, C. H. Gale, E. M. Hazeland, H Humphreys, W. W Robertson, H. J. Knight, . W. Taylor. F. A. Brown, J. McCorquodale, A. J. Carter, L. A. Cossart.

(Sgd.) G. K. II, BRUTTON, Captain,

Adjutant, H.K.V.R. Hongkong, November 30th, 1916, . HONGKONG POLICE RESERVE.

LECTURE.

All ranks are invited to attend a lectura to be given by an Officer of His Majesty's Navy at the Victoria Theatre at 5.15 p.m., on Friday, Except by expresy December 1st. invitation, no one but a member of the Police Reserve may attend. Uniform must be worn, or admittance will be refused.

Mesars, Polishwalla & Kotwall, cotton and yarn brukers, of Hongkong, in their report dated November 30ta, stole :-

Our last report was issued on the uth inst The market during the interval has been mainly governed by the cou750 of cotton, which has exhibited violent fluctuations. With a further smart rise in cotton, which at one time soared us high as 12.59d., and the resultant excite- ment cabled from Bombay, importers had

As a result of the recent.Shanghai race perforce to raise their selling basis. This meeting, the Shanghai Rece Club con- emboldened dealers to consider further tributes the sum of £5,000 to various contracts, and fair quantities of reputed funds. Of this amount $1,500 will be chops of 10s, changed hands at a pre-

sent to the British Aircraft Fund to

The Rev. George Clarke, Tientsin, has mum of $3 to $4. This spasm of jucy, defray the cost of one scont plane to be received a telegram from the War Office however, was not destined to last long, called "Shanghai Race Club, No. 3 announcing that his son, Lieut. Leonard for with the slump of nearly a penty £600 will go to the British Red Clarke, has succumbed to his wounds. Wednesday, December 6th. All Recruits. in cotton, and the absence of the requisite Cross Society for the cost of one motor support from the interior; where harvest-

ing operations are now said to be in full ambulance to be called Shanghai Race Second-Lieut. Leonard Clarke went home awing, dealers have withdrawn from the Club." To the Lord Kitchener memorial to join the officers' Training Corps in market with the result that much of the fund a sum of £1,000 has been devoted. July of last year, and on completing his training was gazetted, to the East Lan- If may be of interest to learn that the strength gathered at the start has been Race Club's total contributions to the cashire Regiment. He was well known. lost: Just at the close, cotton has rallied British and Allied War Funds for the

in Tientsin. to 12.51d., but the yarn situation remains last three race meetings now amount to unaltered.

approximately $11,500. Total sales during the fortnight appra ximate 5,500 bales. Stocks, including undelivered contracts, are estimated at 24,000 bales.

Shanghai has been a steady but rather inactive market, the fortnightly sales being returned at 3,000 hales only.

Japanese yarns have been a very erratic market with a tendency towards lower rates Sales include: 000 bairs Yellow Joss No. 20, at 8187 to $165; 300 bales Nagasaki No, 20, at $182.

Kaw Cotton Bengal and Chinese sales. Quotations: Bengal at 825 to 31; Chinese, at $30 to $36 per picul,

CANTON'S INDEBTEDNESS.

M.P.'S ON SERVICE.

Sir P. Bassoon, M.P., in a letter to the mayors of Hythe and Folkstone, The Government, having failed to solve his constituency, expresses the opinion the financial problem, the hurden now that any member of Parliament serving falls upon the Provincial Assembly, his country in a useful capacity at the which has been informed that Canton's front can best serve his constituency also domestic and foreign debts, amount to by continning to discharge his military twelve million dollars, besides five mil: duties. The matter is, however, essen- lige needed immediately to pay the tially one for each member's constituents, Yunnanese troops and to dishan the Sir Philip therefore asks the mayors to Citizens" army and to cover the November call meetings of his constituents. expenses,-Peking Gazette.

PARADES CENTRAL STATION AT 5.30 PM. Monday, December 4th-All Recruits. The Bergeant Major will take Re craits of No. 1 Platoon on this date. Tuesday, December 5th-No 2 Company

under Company Commander.

Companies Tausday, December 7th--Nos. 3 and 4

Sections of No. 1 Company, Friday, December 8th-Nos. 1, 3 and

POLICE RESERVE GAZETTE." The first number of the above magazine

will be issued on December 15th.

(Signed) F. G. JENKIN,

D.S.P. (R).

SIX PER CENT EXCHEQUER BONDS.

In the course of the discussion in the

House of Commons on the issue of six per cent. bonds Mr. McKenna stated that £30,000,000 worth had been sold in fortnight. It was intended to issue new long dated loan at the proper-time- and season. We had had no difficulties. in financing ourselves so far. He saw no reason why we should have hereafter.