1917-09-10 — Page 2

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INTIMATIONS

THE

IDEAL

Vistro

THE HONGKONG DAILY PRESS, MONDAY, SEPTEMBER 10ra, 1917.

GIFT

is abown hera

Victrola

TRADE OF HONGKONG,

DULL TONE.

The following statistics. have been taken: from the fortnightly price current and market report of the Hongkong General Chamber of Commeros:--

OPIUM.

The stocks on the 6th fast, totalled 990 chests of Patna, 103 chests of Benares, 133 chests of Meira, and 5 chests of Persian and Turkish. There were no ex- ports during the intervals. In uncertified Bengal opium, the balance of stocks ou September 6th was 49 chests of Fatna and 208 chests of Benares. Five chests of Patna opium and 20 cheats of Benares were boiled by Government Monopoly.

EXPORIS,

There is no change to report in the Feather trade, and no business in Cargo Ginger, Galangal, Cassia Oil nor Star Aniseed Oil This trade in Gail Nuts is also at a standstill. There is no change to report in the Bristles trade.

IMPORTS.

A surprise that you can give your family with no strain on your purse, some country enquiry which has been

by taking advantage of our easy terms..

EXCLUSIVE AGENTS:

MOUTRIE'S

Summit

SOFT COLLARS

[20-1

SHAPE (0 is made of a Soft Pique with fairly heavy Rib. Its

וויויאן

THE POSITION OF SILVER

CANTON NEWS:

[BY COURTESY OF THE " JHUNG NGOL

SAN PO

A WARNING.:

CANTON, September 9th. The Local Authorities have received a telegram from Poking warning them to guard against enemy machinations in the interior,

The present prics of silver is the highest that has been reached since 1892, and there is much diversity of opinion as to the future course of the metal (say's Mr. A., G. Kimpton, of London, in a letter to the fetal Bulletin). The causes responsible for the great rise in value are many, and some useful purpose might be served by enumerating a few of them. The gathering in of all the available sup- plies of gold, not only here, but also among the Allied countries, created a pronounced scarcity, as it was obvious that if gold was withdrawn from ciroula tion, something else would have to replace it, and the creation of the Government

The Governor General, Dr. Sun Yat- notes for E1 and 10s. at once caused a sen, has decided to assume his office on This state of the 10th inst., when there will be a great demand for silver. things not only in England, but also in lantern procession. Three regiments Russia, France, and Italy, still continues, will act as the General's bodyguards. I und it would seem likely to last for ais said that the Provisional Government

the The enormous requirements will

incet in long time.

round

re- are

The stuck of Flour is about 200,000 sucks. Quotations-American Patent, $1.65 per sack; Japanese 2nd Patent, $3.15 per sack; Japanese 3rd Patent, 83.10 per Back: Japanese 3rd Patent, $10 per

Flour, 83.15 Shanghai

per sack; Australian Flour, $3.50 per sack,

crorea

MINISTENTAL ELECTIONS FORTPONED

The M. Pa, have been notified that the elections of Ministers are postponed.

Over 20 M.Ps. from Shanghai arrived at Canton yesterday by the ss. Chi Teen INSTALLATION OF GOVERNOR-GENERAL

Cement Works

(Hona). MOVEMENT OF TROUPS AND MUNITIONS.

Li Lich-kwan bas decided to recall the cavalry which he brought to Kwangtung last year.

Nearly 1,000 rifles have been taken to Kwangsi by the gunboat Kwangfung, at General Luk Wing-ting's demand. '

FINANCIAL..

HONGKONG PORT REGULA- TIONS.

SOME AMENDMENTS,

It is announced in the Gazette that Regulation 2 of the Port Regulations, 1817, is rescinded and the following regu lation is substituted therefor

(1.) Subject to the provisions of sub-section (2) and (3) of this regulation, no vessel, except Government vessels, shall be ander way during the hours of night in the area bounded by the follow- ing lines and by the coast lines between the terminal points of those lines t

East-A line drawn from the East extreme of Kunjoj Kok (Sha Kin) B.S.E. to Lam Tong Island and N.N.W, to the mainland, and a lina drawn from Tathong (Tit Hang) Point to the North-East extreme of Waglan (Wang Lan) Island. South-A line drawn from the Southi

extreme of Wagian (Wang Lan Island to the South-East extreme of Putoi (Po Toi) Island. W'est-A line drawn from the South-

West extreme of Putoi (Po Toi) Istand through the West extreme of Beaufort Island (Lo Chan) to the South-East extreme of Taitam Bay. North: A line drawn from Manchau

(Mong Chau) Point to Lai Shui Point (Lo Shu Pai)

(2.) Vessels, other than junks and sam. pans, intending to enter the port, may at Owing to the condition of the Pro-any time proceed direct to the eastern vincial Treasury the Tuchun has refused examination anchorage, provided that

examination, anchorage, Admiral Ching Pikkwong's demands for such vessels anchor arrival at such salaries and expenses for the 1st squad-

FOR.

Two hundred thousand dollars will be remitted to Canton from the Philippine lalands for military expenses.

(8) Junks, and native sailing and rowing boats intending to enter the port may at any time proceed direct to the Provided that such vessels anchor on arrival at the said Junk anchorage.. anchorage in Junk Bay (Tseung Kwan 0),

Cotton Yarn is a weak market with of the Indian Government have been a absence of business, though there has been strong factor in helping the price up- HOME ward, and although probably checked by the rise in exchangé. Quota 20,000,000 has been taken for India alone during the last 18 months, even this huge tions are nominallyNo. 10s at $155 to amount has not been instrumental in $165, No. 12s nt 8170 to $188, No. 16s ut creating a favourable situation for the 8205 to $216, No. 203 at $10 to $250. Ledian currency, and this of course, is Arrivals 23,000 bales, Sales ail, Shipments

The reserve of a very serions matter. nit. Unsold stuck, 13,000 bales, Bargains rupees in February, 1016, with the Indian The Woollen market is at Government was 24 erores, Coined dur 27,000 bales. a standstill. no business is offering and no ing the year to end March, 1917, 36 crores clearances are being made. No business Estimated further coinage, has been transacted in Raw Cottons, and Total, 64 crores. Latest figures as to quotations are nominally weaker. As to reserve of rupees, 21 crores. Absorbed 43 Metals, there is nothing doing in Nail crores. These figures are simply astound. Rods, bat there have

large ing, and the situation looks very grave. What will happen at the end of the next sales of

and square, flat

Indian Budget it only half as many with- and fair bar,

en-les clc.. ported in in plates. There is nothing drawals take place instead of 43 crores? Even France, which years ago held over The trade in doing in Yellow 'Metal.

T$20,000,000 of silver coinage, is now re Petroleum Products is the same. Pepper and Window Glass market is very duced to £10,000,000 in her Treasury, in dell. No quolations are given for Coalpite of different small paper estes to Seeing that pupet cur-

(4.) All vessels which are permitted to As to sugar, the market is weaker for replace francs..

rency exists everywhere now, could nos

be under way at night in the said aren by Tilos Juvas an! quiet.

some systent he introduced similar to our own war certificates, by the Government VEGETABLE DYE IN KOREA virtue of the provisions of sub-section (2) or sub-section (3) of this regulation shall, in India issuing the rupee notes at a dis-

HM Consul General at Seoul (Mr. Aboth while under way and after anchor- count and make then redeemably 11. Lay. C.M.G.) gives particulars ping, exhibit such lights as are required by ave years at their face value? would have, of course, to be made suffi- garding the production of dyestuffs in law.

Korea from the leaves of a species of and it is quite possible that this would

26 Skinnan. This tree is very common be a successfut way of coping with the difficulty and thus tend to increase large throughout Korea, and, according to the night in the said area by virtue of the

the flow of The extra dan pers into the Treasury, Director of the Central Technical In-provisions of sub-section (2) or sub-section for rupees of late is stitute of the Government-General of (3) of this regulation shall use the Fo Tau growing, owing to the financing of all our Korea, is not found elsewhere, except to Man Channel (Fn Tau Mun), unless wea armics and trade in the Fersian Gulf, a certain extent in that part of ther conditions prevent, and stall keep Mesopotamia, East Africa, Egypt, and churia junmediately to the north of the to the Eastward of a line drawn from The official referred to Maunchau (Mong Chau) Point to Cape states that if the dye should prove of Collinson. Palestine, where the rupes is legal tender. Yali River. As trade in dess places tends to expand, the circulation of rupees will be greater commercial value, it could be produod than ever. It seems that the long-neglect in very large quantities in Korea. The ed and rejected silver, whose plight was

cost of production, according to the same occasioned by Germany when she demone authority, is approximately 25 sen (about tised her thalers and brought down the sixpence) per h. With colour obtained metal to less than one-half of its value from the Shinnamu extract ent:un will, in all likelihood, he rejuvenated by goods can be dyed black, indigo, dark bank notes in circulation and of specis In dyeing silk in reserve in Hongkong, during the month the same country after the war is over, Brey, grey, and khaki seeing that her credit is gone. Taking

und pongees, black only can be utilised, all the circumstances into consideration, and the chief value of the extract is for ended 31st August, 1917, as certified by. it seems likely that we shall witness a loading purposes, silk yarns or materials the managers of the respective Bunks are

as follows:-- Round Table Conference once more for becoming over 20 per cent. heavier after establishing a parity between gold and treatment, H.M. Consul-General has also

Banks. silver such as exists in the Latin Union, forwarded a sample of the Shinnamu with a result more favourable than on the dye, together with samples of cotton yarns

Chartered Bank ...$ 6,913,115 $ 5,000,000* last occasion, when the value of money dyed with it, in four colours. was at a very low abh, and cash was yellow or khaki dye produced in Korea Hongkong Shang-

hai Bank

92,523,774 18,000,000 almost unleadable,

Enju or from the lover of the

550,000†, Pagoda Tree" have also been received Merutile Brak... 1,164,151 from H.M. Consul-General. This tree is

Total... 8:10,501,043, 823,650,000

(5.) All vessels, other than steamships,

softness has just sufficient stiffness to prevent it from looking Rack; Japanese Straight, $3 per sack; ciently attractive to the Indian people maple tree, known to Koreans as the which are permitted to be under way at

"sloppy." Has a smart appearance and is acknowledged by wearers to be extremely comfortable.

MACKINTOSH

CO., LTD.,

Men's Wear Specialists,

16. DES VEUX ROAD.

TELEFONE 2o.

LLOYD GEORGE

says

"I want to see your cheques come hurtling through the air."

A five or ten

dollar Note ·

EACH MONTH

will do.

THE WAR

SAVINGS

Say So.

"REVEL

"

THEY

ASSOCIATION

IN THEM.

You are not FIGHTING, are you Then get busy with your "HURTLING."

Address :--

THE HONGKONG AND SOUTH CHINA WAR. SAVINGS ASSOCIATION.

Hon. Secretaries and Treasure-

THE UNION INSURANCE SOCIETY OF CANTON, LTD.,

Queen's Building, Hongkong.

[103

FORMOSAN SÜGAR IN

HONGKONG.

M:, George E. Anderson, Consul-Gen eral for America in Hongkong, says that present indications are that the large sugar crop in Formosa, which is reported by all authorities as the largest in the history of the island and actually it cess of the optimistic estimates made several months ago, will affect the catife sugar business in Hongkong for the cut- The Formosap crop is placed by sugar authorities at about 8,000,000 piculs, or about 10,000 short tons. On this large crop Japan draws for much of its domestic supply, and the excess is sold abroad. In this case it is sold large to Central and North China, and these territories have been peculiarly the field for Hongkong sugar refineries for many years. The result is that Japanese re- fineries and sugar

rent season,

ly

vantage in cheap forts with their ad-

F.MS.

AND AFTER THE WAR TRADE. RECOMMENDATIONS BY THE CHAMBER OF COMMERCE.

and short hauls are shutting the Hongkong concerns out of the Chinese market. So far the cur- rent season the China market for the Hongkong refineries is practically dead. The situation is not promising for the consumption of the large Philippine sugar. crop in the East, but the general course of sugar production seems to indicate that there will be a considerable supply avail do not intend to let Gerinan traders at able in the Orient for distribution cle- the close of hostilities, usurp the position where if freight acronimodations can be they held in pre war days (says Eastern had at a reasonable rate. Formos engar

here

We welcome all indications that British commercial communities in the Far East

Particulars of the methods of using a

: HONGKONG BANKS

The returns of the average amount of

Specie Average .in Amount Reserve.

said to be very common. both in Kore and in the districts of Manchuria imme- diately north of the Yalu River. Silk, *Sterling Securities deposited with the wool, and cotton are all susceptible of Crown Agents valued at £350,000.

†Securities treatment with this dye, a sample of

Crown Agents which, together with specimens of various £100,000. threads and yarns treated with it, havo been Jurnished by Mr. Lay.

FAR EASTERN MEN AND THE WAR. Second-Lieut. A. C. Young, Irish Fusi liers, son of Mr. Robert Young, editor of the Japan Chronicle, has been reported

Second-Lieut. Young was wounded at The wounded and missing on August 18th.

SOUTH MANCHURIA SUGAR.

with

2

tire

HONGKONG POLICE RESERVE.

BAND.

All members of this Unit, including

medical exempty and those on leave,. will parade in uniform with helmets, at Central Felice Station at 6 p.m. on Tuesday, September 11th, Instru ments will not be brought on parade.

Band Practice for this date is hereby, cancelled.

The Visiting Staff Inspector on duty ab

Central will attend.

ORDERLY ROOM BELGEANT, Sergeant 168 Mok Lai Sang ceases to bo Orderly Room Sergeant as from this

diate.

8th Sept., 1017.

(Sgd.) F. C. JENKIN,

D.S.P. (R.).

́ST. JOHN AMBULANCE BRIGADE.

HONGKONG AND CHINA DISTRICT.

Y.M.CA. DIVISION. Tuesday, 11th Sept. :--

6. p.m. Squad and stretcher drill. Thursday, 13th Sept.: -- Saturday, 15th Sept.

&p.m. Squad and stretcher drill.

has been coming into this market in great-Engineering). In this connection we noto er quantities than ever. Imports of sugar with satisfaction, therefore, the action by Chinese dealers from all sourers recently taken by the Federaled Malay been rauch below normal, bet of these States Chamber of Commerce in forward imports those from Formosa have been larger than usual. All sugar authorities ing certain recommendations to the Gov- in the Far East, however, report slight ernment for measures to be taken to inchy, and, while convalescing, was name and deed were to be entered in the movement in the trade compared with stiumlate and protect British trade (soothed that for his gallant conduct bis what the large crops demand. So far far as concerns the F.M.S.) within the as China is concerned the present range Empire after the end of the war. The record of the Irish Division. He had of prices is too high for normal consump Chamber proposes the appointment of a beru back at the front about six weeks, tion. It is probable that a considerable commission in Great Britain, representing outlet for the surplus stocks will be found all commercial interests and acting in co in European countries.

operation with the Government, to frame.... a set of definite questions to be placed The South Manchuria Sugar Refining before every Chamber of Commerce Co. looked forward to harvesting smo throughout the Empire, or to British 100,000 piculs of beeta this year. By the |HONGKONG-AMERICAN TRADE

Consuls where no British Chamber of interference of the drought a decrease by Mr. George E. Anderson, Consal-General Commerce exists, the same to be accom about 40 per cent, is expected.

panied with instructions to reply solely The company, at the time of signing for America in Hongkong, reports:-Pre with regard to local interests. Further, the cultivation contracts with the farmers sent indications are that tim trade of 1917 the Chamber is prepared to support the (says the Manchuria Daily News), guar- between Hongkong and the United States imposition of a protective tariff on all anteed to make good any falling-off in the in either direction will exered that of goods of other than British Imperial beet crops, compared with last year's bean origin imported into the F.M.S., provided crops. By this guarantee, the contract 1910, which was by far the greatest year such policy is adopted generally as an farmers are protected from the loss which in the history of the trade of the two Imperial Policy, and suggests that a their less lucky neighbours have entailed

trading-tax be imposed on all nationals by raising beans. countries. The only prospective inter of present enemy countries, the amount ference with establishing a new record is to be based on a percentage of the in the matter of the transportation of American" kerosene and in the high price aunus! turnover. The recommendation of American flour. Timports of American that British manufacturing firms should steel plate, iron and steel hars, tin plate, be urged to confine their agencies in the wire nails, and all iron and steel

point about which there has already been of window glass and building materials. a good deal of controversy. In past days prepared foods, tobacco, canned fruits British traders have, perhaps, been too and vegetables, canned meats, confec. much inelined to let their profits over- tionery, toiles preparations, chemicals shadow their patriotism, sente indicated ledged the right of nations to determine Wednesday, 12th Sept. drugs, paints and

hosiery and

Kong in charge. haberdashery, and, in short, of prac in their attitude in the sense indicated her own fate as a basis for lasting peace 12.45. pm, First Aid Class-Corol by the F.M.S. Chamber of Commerce The Austro-Hungarian Government took ly all lines of American manufactures would be a welcome sign that the lessons its stand on the Constitution, by which Thursday, 13th Sept. now coming into this market are in larger of the war had not passed unheeded by it was reserved to the Emperor to con- 4.10 p.m. Squad and stretcher drill. volume than in the first quarter of 1918. them Throughout China it is a well-clude peace. The Monarch was thus en- Saturday, 15th Sept

Declared exports from Hongkong to the worn complaint that the merchants there trusted with the safeguarding of the in 12.15 p.m. Bandaging practice, United States for the first quarter of have not sufficiently sided the manufacterests and needs of the peoples of Aus 1917 amounted in value to $3,326.475 as turers at home in pushing British goods, tria. On the basis of these positive pre- compared with $2,835,163 in the first quar There is, however, some ground for believ-rogatives of the Crown, the Austro-Hun ter of last year, although the record for last year was exceptional in its shipments ing that a new spirit is being created in garian Government, in concert with its of cassia and tin. The record this year this respect, and the action of the F.M.S.Allies, was always ready to enter into shows substantial increases in almost all and other Chambers of Commerce in the negotiations with the enemy for an hon- the principal items, tin and eassin and Far East is an outward and visible sign ourable peace, but it firmly declined any

other basis. cassia oil being the principal exceptions of the same,

are in heavier volume than ever. impor.S. exclusively to British firing raises

AUSTRIAN PRIME MINISTER ON THE IMPERIAL PREROGATIVE. In the Reichsrath recently, the new Prime Minister, Dr. von Seidler, said that, after consulting the Minister for Foreign Affairs, he could only stigmatize as erroneous the assumption that the Austro-Hungarian Government acknow-

8 p.m." Squad and stretcher drill. SALYINGPUN DIVISION Tuesday, 11th Sept. :-

4.15 p.m. Squad and stretcher drill. Friday, 14th Sept,

E 4.15 p.m. Squad and stretcher drill.

QUEEN'S COLLEGE DIVISION

Monday, 10th Sept

4.15 p.m. Squad and stretcher drill.

VICTORIA DIVISION.

Friday, 14th Sept.

5.16 p.m. Squad and stretcher drill

(d) E. RALPHS, District Brot, in Charge of District. 6th Sept. 1917:

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