1917-06-01 — Page 3

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PEKING NOTES.

[FROM OUR OWN CORRESPONDENT. |

PESINO, May 24th. PRESIDENT, PREMIER, AND PARLIAMENT.

THE HONGKONG DAILY PRESS, FRIDAY, JUNE 1st, 1917.

selves opposed to Parliament, they have taken counsel with the redoubtable Gen- eral Chang-hsun at Hsuchow and they have doubtless decided upon concerted action should it be called for. Reports from the South, too, are rather disquiot- Ing. Altogether the outlook is very gloomy.

It cannot be denied that the situation here is very delicate, and sensationa events may develop any day unless the unexpected happens. The unexpected"

With characteristic timidity the better must always be kept in mind when at tempting to forecast even immediate Chinese, ura leaving the capital, as they always do at the prospect of trouble. The struggle between Premier and Par Many have sought a refuge in Tientsia

Several politicans who are taking 70

events in China.

liament continues. On the part of the

SOME ASPECTS OF WAR TIME TRADE. NEW OPENINGS SEIZED BY JAPAN

[CONTRIBUTED:]

The pitch of war is being keenly felt in all parts of the world, particularly where commerce is concerned, and British Possessions are by to means the only, or necessarily the greatest, sufferers by such war consequences as the shortage of ship.

HONGKONG SHARE MARKET.

fossrs. Vernon Smyth, in their weekly share report dated the 31st May, 1917, state :

been, of H

Since our last report of 28th May, wo have only had 3 working days and one of these was occupied with the Bettio ment, which passed off satisfactorily. There is consequently, but little to re port in the way of business, which has nature. With the Muy settlement again

very limited out of the way and no settlements sectus to be rather a better feeling of sny magnitude to follow there in the market Shanghai market con- tinues very quiet and teatureless, Binge- pure market for Rubber shares is also

latter the struggle is not being waged risks have registered: in the Hotel de Ping Among the few remaining neutrals very quiet and no changes of any consa

it takes the form of passive

motivintil last Saturday Parlia

These signa reven! the uncertainty of Wagon Lits in the Legation Quarters

the situation.

sistance ment ignored the various summonses

Of course it must be always remem From the Premier to deal with the war bered that Chins haa, more than any resolution, and neither of the House other country, a wonderful capacity for met. However, on Saturday the House of evading crises or surmounting them assembled and, strange to The settlement of the revolution which Hepresentatives. say, there was a full attendance. Some dethroned the Manchus was a remarkable members wished to discuss the war e compromise. The deadlock of Inst year solution with the idea of having it reject when half the Provinces of Chins were ed, but the motion was not accepted, and arrayed against Yuan Shih-kai, seemed permanent, but was providentially ended the proppent to declare war on Germany by the death of the Emperor President

the position is, in several cuscs, Wors than has yet been experienced in such places as Hongkong.

Argentina, the whole of South America According to a recent arrival from bas for many months past aufered severe. freights rose as high at 156/- a ton for ly from the dearth of tonnage. Last year grain from Buenos Aires to the United Kingdom, approximately a 24 day to 20 day run for cargo vossola, as compared with 12/- and even less in pre-war times, and it was only with difficulty that the Buck historic events farnish good

1916 harvest was got away, very be temporarily postponed till after the

considerable amount of tonnage, under entire Cabinet is reorganised." This grounds for hoping that a modus mveniti

will be reached in time to say

Government orders, was concentrated on *** sums up the situation in Parliament does not intend to discuss from the horrors of further internetine the transportation of frozen or chilled war measure so long as Tuan Chi-juftrife and enable her to throw her morult for any contracts, and further remains Premier, Though personal host influence and her materin) weight into ships, above normal requirements, were tility to Tuan undoubtedly influences the the struggle against German military allotted solely to the nitrate trade with

the House, after discussion, approved of a motion which reads:

"Resolved that

low words }

domination.

hostile majorities in both Houses, they take the stand they have done against him EUGENE (HEN. on constitutional grounds, contending that he has acted unconstitutionally, and

sare China

Chile.

-

quence have taken pluer, ha

tions

The following are to-day's wired quota-

Alor Gajahs

Ayer Panas

1.60

Glenealys

2.55

Kedahs

4.50

Кешрав

Malaka Pindas

·7.85. 2:70

Malakoffs

4.20

*4.40

New Serendahs Sandycrofts Tapans

5.00 #921,00- Plantation Rubber in London is quoted

8/10 Bar Silver is quoted 35d Sterling TT. is 2/41 Singapore k

is 102. Shanghai T T and the Banks buying rate for 3ds, bills are both

BANKS--Hongkong and Shanghai are unchanged at $705 nominal.

nominal. for 3ds, bi

Marine Insurances –Have not come to altered from our quotations of last week. business and prices are nominal and un-

FIRE INSURANCES, -China Tires are wanted at $140 Hongkong Fires have buyers at the improved rate of $3271, but no shares are offering sales of Douglases were made over the settlement at $811

SHIPPING -Several

This year there was almost

and market has now firmed up to a buy- complete failure in the grain crops of were done at $100 for the settlement, but

ing rate of $82 Indo-China Deferred Argentina, and at the end of March the market is now stronger, with buyers at exportation of wheat and maize was at 10 Star Ferries can be placed at

cash and a good enquiry

"Argentine 828 ex div. and Steamboats at 9171, absolutely forbidden by go Government, so to that extent the Re-sales are reported. A few Shells could be Ons Market has been quiet and no

sensation was created on Saturday morning when it was learned that Eugene had been arrested and Peking Gazette

Chen, the Editor of the

also that, as most of the Members the bes

Gabinet have resigned their portfolio

INTIMATIONS

LANE,

CRAWFORD & Co.

ALL SIZES IN MEN'S

BATHING

SUITS

WITH SKIRTS, WITH OR WITHOUT SLEEVES, From $3.00 Each,

A.S.A. SWIMMING SUITS

IN NAVY AND BLACK, ALL SIZES $2.00 EACH. NON-ACTINIC AERTEX CELLULAR

GOLF SHIRTS

WITH COLLAR AND POCKET

(AERTEX

LONDON

UNDERVESTS

HALF-SLEEVES

THE USE OF BED GARMENTS IN THE TROPICS.

It has been definitely proved by the medical professions that the sun rays in the Tropies act very forcibly, but that it is the bine rays (known scientifically es the achinie) which produce sunstroke, and the red rays (known as the nen- actinic rays) do not have any harmful effect. Hent alons is not injurious, as is evidenced by the fact that person can stand high temperatures in Turkish bathe, and stokere stay for days in boiler-rooms, without injurious effect, bui heat together wible strong sunshine often result in disaster.

THE CELLULAR Co. have therefore produced. specially-dyed red AERTEX fabric which is not a bluish-red, but is so carefully selected as to colour that only the red and orange rays are allowed to not on the body,

The exact nature of the charge against public, though badly hurt internally got at 109 Langkats are wanted at RECOMMENDED TO ALL OUTDOOR SPORTSMEN AS A

was no worse, off than in the previous year. What would have happened had a normal harvest been reaped it le dif ficult to say, for the situation that night have existed with the further diversion of ships that took place early this year and farmers sought to dispose of their was partly disclosed when the pastoraliste sheep and cattle, in the absence of revenue adding grain, and found that prices had dropped by as much as 40 per cent, owing to the frigorificos, or freezing

Tls. 17.

Urals are unchanged and nominal at 33/China S

REFINERIES-Sales of Sugars were made over the settlement at 8105 and $104, at which latter rate they close. Malabons came to business at 330, which

sd, but no shares are to be had at the remains the nominal quotation, rete Raubs are on offor at 82.50. Trono al 10minal 278 d. 82.50

DOCKS, WHARVES AND GODOWN-Hong-

Miss-Kailans are in demand at 32%,

kong and Whampon Docks, under settle-

entreaties which followed him to Tientsia when he resigned some two or three months ago, he does not wish to go through the farce again. But were he to vesign and be called back again, as hutnam Weale, however, states that Chen general in South African ports a few CoraON MILLB-Scarcely any change is

thinks would be the case, his position would be materially improved and he uld then, with some show of reason, call upon the President to take stops which might be deemed necessary for the dis- eiplining of Parliament

R

to be noted in this market. Ewos are wanted at Tls 150, Shanghai Cottons at TIs. 121 and Yungtszepoos at Tls. 5.70. Kung Yks have probable sellers at Tia 145

mo real: Government exista In other

him has not been made known, but it is words, they decline to recognise his one man Cabinet,” as they term is. -- understood that his arrest, was in con- Tuan, Chi-jui, on the other hand, ha nection with the article which he publish bridged, or ́seems to think he has bridged,ed the previous day concerning an agree- the difficulty caused by the resignation ment between Japan and China, which of most of his Ministers by having these bo described as equivalent to selling the resignations not accepted This, how-country to Japan. He has not been per- ever, can only be described as a pretext mitted to communicate with his friends, which deceives no one and weakens, and the Peking Gazette finds in this fact rather than strengthers, his position. To confirmation of the report that he willworks, being unable to get available stocks mont influences wore done down to 8120 of meat away. but are now stronger with good buyers at any other country a Prime Minister so poisoned in prison.

Coincidental with Argentina's crop 8122 cash. Kowloon Wharves have sellers placed would immediately resign... Per Until more than a year ago

it failure, Australia produced a record at 877 buyers offering $76. Shanghai was generally believed that Chen was harvest, and more ships were taken from Docks are wanted for the North at T18.03. hapa Tuan has really considered resigna-T British subject a fact which the South American trade to shift the LANDS, HOTELS, AND BUILDINGS. This tion, and perhaps, also, recalling the 65 supposed to explain his immunity grain from Australia to the United has been a very quiet market.

from arrest by the authorities whom he Kingdom. How this has affected the were done at 805,

Lands y, but, in a reply to a letter in the but it is more than probable the diversion nominal at 399 Humphreys are in re attacked so vigorously and so persistent trade with the Far East cannot be said, nominal quotation. Centrals are also which remains the Peking Daily News, he declared himself of shipping to the Australian run this quest at $8.30 and West Points at 875 a Chinese subject. His loyal friend year will be abnormal. Complaints were Hotels could be placed at $100. isa British subject and announces that weeks ago regarding the dearth of ships, he will invoke the assistance of the and ordinary trade was badly dislocated, British Government to prevent official though naturally big efforts were being clever Chinese. vengeance being wreaked on this very made to shift supplies of essentials, re HG CHIN-TAO

quired either for military needs or the foeding of the people in the United King- be regarded both in South America and dom. Five und six months seemed to South Africe as quite good times within The President, who has all along shown

which to receive goods on order. South a tender regard for constitutionalism as

Africa, has, however, had, and is having, understood by the Kuomintang, is un-

ordinary trade by the tremendous activity her compensation for the dislocation of willing to deal drastically with Parlia

imparted to her ports by the diversion ment Even though the Tuchuas and

of so much traffic from the Sugg Canal. The Unios finances are their representatives who have been as

buoyant, and they should be with an am sembled here for the Military Conference

port duty of 3/-e bottle on whisky, and urged that Parliament be dissolved, not

no apparent diminution of the thirst of because of its attitude to the Premier and

Summer is not without its compeiwsient visitors, In the case of the troops the South African people or their tran-- the war resolution, but because of the imine in Puking At the close of a warm practicable constitution being drafted by on the wall, and pleasanter still to sit the most strict regulation of the lightor day it is pleasant indeed to perambulate there is both at Cape Town and Durban the constitution conference, he has ex- in the coal of the evening and listen to traffic and the sandals which arose pressed himself unfavourably towards delightful music discoursed by the Union during and immediately after the Boer wach a course. Thus the conflict between season took place this evening and Philharmonic. The first concert of the

War have not been repeated. President and Premier which has con brought out many people who might tinued for so long becomes more acute. otherwise have remained indoors laring The President has the support of Parlin the time nway, Wout. Parliament hus the support of the President. The Premier has the support of the Military The Military support the Premier because of their dislike of Whitsuntide, Over seventy have arrangers and submarines, should give them Parliament. Hence the question arises-ed to attend from Tientsin, and Peking valuable handicap. Between Japan and will send some twenty representatives Who shall prevail? If Parliament Something like strict war training will emerges victorious it would suggest that be carried out. The new artillery in the Military are to be eliminated as a structor, Sergeant Fisher, has arrived factor in Chinese politics, but a know after having done his bit at the front, "ledge of things as they are makes it im- possible to contemplate such an outcome at this stage.

Bupposing that Parliament were dis

The trin of Dr. Chen Chin-tao, the former Minister of Finance, on charges of bribery and corruption comes off fairly soon. One source avers that the damning Another declares, however, it ovidence accumulated against him is very is unlikely that he will be convicted, the suggestion being that the Court will find that he committed errors of judgment, which, though faults in a Minister, a not penal offences. Nouk vervo MUSIC ON THE WALL

VOLUNTEER CAMP.

Furt of the training this year of the North China British Volunteers is the camp to be held at Huangtsun during

DE WILLOUGHBY,

Dr. WW. Willoughby, the legal adviser to the President, who succeeded his brother more than a year ago, ha left for the States. He will most likely be succeeded by Professor MoElroy

OCCULTISM."

solved, a new election ordered, and new constitution subsequently drafted, or

pra posed to be drafted, there can be no doubt augurated in Peking, and its membere A Theosophic Society has been in that the very first overt act in this dired were. favoured on Sunday morning by an tion would create another revolution

address from the veteran Dr. Wu Ting The temper of the South, by which is Life, Physical and Mental. According tang, whose subject was The Control of meant the more radical element of the to the published report of the lecture, Kuoningtang, has been roused, and special emphasis was laid upon tho ardent republicanista are in no mood to is: Interesting to note that the harassed importance of meditation in silence. It their cherished political ideals Minister can take his thoughts off the abolished or even endangered So that problem of Chinese politics and devote if China is not to have an internal war

them to higher thing, AMERICAN ENTERPRISE

One of the Japanese lines bas now

opened a regular cargo service between Japan and South America, via the Cape, and the prospect of good freights and full ships is quite a bright one. The Japanese have cagerly seized the favour able situation created for them by the war, and the comparative immunity of their merchant flect from injury by raid,

MISCELLANEOUS-Cements were weaker to 87.60, st which price they are now over the settlement and were dotie down wanted China Borneos are in demand at $7 and Electrics at 849, Tramways can be placed at 36.50 and Watsons at 86, at $28. China Providents are nominat ex div. (70 cents). Ropes are on offer at $8, and Chine Lights at $44 Union Waterboats are quoted at 1813 (ex the return of 33) Dairy Farms are uns changed and nominal at $22.

Meno Next Settlement day, 28th June.

by COTTON AND YARN MARKET.

and yarn brokers of Hongkong, in their Magers. Polish walla & Kotwall, cotton report dated May 31st, state

Since our last report on the 18th inst., nothing of importance has passed in our market.

In the beginning of the fortnight sellers had shown some disposition to operate, which resulted in transactions to the extent of 4,000 bales in known chops, while during the latter part of the in torval a quiet tone has prevailed, owing to nervousness on the part of Chinese dealers, who are closely watching the most uncertain tendency of Indian Exchange, which so greatly affects our market by-ports of the East and South America Under such circumstances the Chinese the staples of this new line will be rice, dealers, ease their holdings, are found silk, tes and general merchandise and selling Ally at current rates; hence our homeward fzeights from Brazil will be market has remained quiet but steady. mainly coffee, from Argentina, wool, It does not seem likely that we shall and tannin extract, and from the Cape see any lively business passing in the and Natal, wool. There is also every near future, as advices from India of a prospect of these ships getting coal From further rise in yarn in sympathy with Natal for South America. The railways raw material has prevented foreign bold- of Brasil and Argentina which are largely ers from putting through any lots at British owned have had to resort to present rates wood fuel in consequence of the exorbit. Total sales, 4,25 bales, Stocks are es ant price of British coal and the uncertimated at 18,000 bales, including 12,000 tainty of shipments, Ordinary stearn coal bales bargained for. selling at close to £12 per ton, Natal extra sti. Penang Mary from Bombay in Buenos Aires two months ago was ARRIVALS. The mail str. Nanking and should be able to land coal in Argentina have brought in 5,075 bales for Hongkong at £o a ton, and a Buenos Aires concern and 9,700 bales for Shanghai. Shipments relying on the regular Japanese service, ports, mi is now endeavouring to develop the trade, from Hongkong to Shanghai and const and Scandinavian ships for transport

tion

SHANGHAI-Ruports from this port

colonization in Brasil. An agreement is JAPANESE YARNS.-There has been "no show a drooping market, with very little Japan is also largely interested in business during the interval. now in force under which the already sales in this yarn during the past fort large Japanese coolic population of night, and, owing to big continual fluctua Brazil is to be augmented by 20,000 im- tions, in the prices in Japan, the Chinese instead of going to war nationally I hear that the Biems Carey Company direction of the two governments, and it The following are the nominial quota migrants per annum, for two or three are adopting a cautious policy of waiting Years This arrangement je under the for a feeling of steadiness in the market. against the Central Powers her lenders are unable to make a beginning with means that Japan will always have a tions-Nagsaki, No 20 at 3198; will have to "gang warily." Anything their several railways in China owing to ready market of consumers for her Horses, No. 168 at $181; 3 Horses, No. these days may precipitate a revolution the difficulty of coming to terms with the mecial products such as rice, dried fish 205 at $193; Yellow Joss, No. 20s at 9101; The prospects are by no means improv money on the same terms as before the tive passenger traffic to follow when the 3189, Blue Fish No. 20s at $109; Sundries Chinese Government, who seem to expect and other commodities, with s prospes Eetsu, No. 10s at $153; Seton, No. 208 at ed by the departure of the Military war. They must, however, realise that coolies of to-day become the rich home chops, No: 108 at $151 to 2153 Governors from Peking to their respects have changed and that money is ward and outward travellers of to Baw Corrow. The market is absolutely tive Provinces. They have shown then- ago

very much dearer than it was a few years

uiet and featureless Quotations Bengal, 28 to is Chinese, $30 to 330.

MORTOW"

LM

PREVENTATIVE FROM SUNBURN.

LANE, CRAWFORD & CO.

DRINK

"BULL DOG” LAGER

BEER.

SUPERIOR TO ANT GEEMAN LAGER BEEB HYER BREWED. BRITISH THROUGHOUT.

Brewed in Great Britain.

OBTAINABLE AT -

Wing On Co., Ltd.

Sinoore Co., Ltd.

Sun Co., Lt3.

Cheong Tai

Nam Hing Loong.

Ty Sing.

Bang Tal.

Kwan Tyo

LANE, CRAWFORD & Co.

Obtainable in Canton from:

BIECZEN Co, Ltv.

Stocked by

THE BOXOFONG HOTEL.

Bill Dog Faces

Bottled by British Labour.

PRICES DUTY PAID,

QUARTS-820.00 per cas

of 4 doran

or 85.10 per Doken.

PINTS

826.60 por asse

of 8 dozen.

or 83.40 per dozen.

Admitted to be the Beat

Lager Beer brewed.

FRESH

STOCKS

JUST ARRIVED.

Powell

TELEFTIONE

SPECIAL NOTICE.

WE HAVE JUST RECEIVED.

A FEW CHEAP LINES

IN

140723

LADIES' WHITE SHOES $4.50 $5.00 $6.50 PER PAIR.

VERY SPECIAL

PRICES.