1916-03-07 — Page 9

COMMERCIAL

The Silver Market.

to

pace,

THE PHILIPPINES

PROBLEMI.

THE HONGKONG TELEGRAPH, TUESDAY, MARCH 7, 1916.

still another reason, namely, that U.S. EXPORTS TO RUSSIA HONGKONG SHARE

they object to being the possible

| battle ground between Japan, and

the United States. They have, NO

Fixing Times for Reticing from like the Japanese as well as they

qusred with Japan; they do not) Last Year's Shipments Six Times

Greater Than Usus).

lalands,

do the Americans, some say, but they object to being made another Belgium if Japan and the United

OF

REPORT

-SELLIES; SA--BALES-R- BUYEES; N-NOMINAL

OFFICIAL "PRICES. Banks

Backs

$790 £71/10/-

Marine Insurances.

Chins Fires

BANKS.

BANK OF CANTON TŘEM EXTEND

HO

BANKS

ONGKONG & SHANGHAI

BANKING CORPORA

HEAD OFFICE HONGKONG Paid-up Capital ..............$15,00€,OG@

FOREIGN EXCHANGE and GeneralBarking Business Trans-

acted.

CURRENT ACCOUNTS open- ed and FIXED DEPOSITS Re esived.

INTEREST ON FIXED-

DEPOSITS:

RESERVE FUNDS:-

Starking

3

£1,500,000 at 2A

****$15,000,000

Silver $18,000,000

Reserve Liability of

Proprietors

$33.000

$15,000,000

COURT OF DIRECTORS.

*. Pamoden. Esq.-Chairman. Si Dentali, Ang - Depery i haizmi GM. Edhine, Banjo

CS Guy Bag

Hoe Mr. X, Shelix,·

b.

1789) $980 b. ex 73 $245

Fire Lasurances.

b.

For 3 Months 3% per annun

$769 $410.

Ron, xr, Landia.

1. A. Pamper, Fac

“Shipping.

b.

$135 $1794

$387

For 6 Months 4% per annuri

For 12 Months 44% per annum

LOOK POON SHAN,

Chief Manager -

Steambosta

Indos (Pref)

Shells

Feries

Ranba Tranchs

*

Reineries.

$133

$19

96/6

$39

$141.

$40

Mining

b.

30/- 31/4

27/6

34/

Decks, Wharves, Godowns, &c.

Whares Docks, Old

Docks, New Shad Docks

$106

h

b.

Da

$101

t. 65 t. 93

1-

'her Wharves

Lands, Hotels and Balldings.

Dated London, January 2T. Messrs. Samuel, Montagu and Co.'s weekly circular states: The

Exports from the United States The following is, from the New Sates should go to war over the to Eads in 1915 abow a total good undertone of the market haa again been evinced by a substar York Bening Post Washing-immigration question, or the land about times a great sa normal, tial rise in price during the earlier ton, January 25-The unficial issue in California, or because despite the hard lack" which part of the week, which culminat-intimations that the White House some Japanese are macrodina Runs encountered during the Cantons ed on the 24-h instant, in a favours the Clarks amendment to riot în San Francisco and the year, says the New York Feening North Chinas quotation of 27-5/16, the highest the Philippine bill, as that amend Federal Government is Fort In a statement issted by Caions fixed since the outbreak of War ment now stands, have greatly able to offer reparation If the foreign trade department of Yangues. with the exception of 273 on encouraged those who believe that there is any danger of that, the National City Bank, shipment August 10, 1914. The upward a definite date should be fed for they would like to see the United to the Balio ports and to those of Black Sea have been movement was accelerated by our retirement from the islands. States put a couple of millions the some inclination on the part if he should confirm these hints, are into the defences of the necessarily suspended by reaFires

Mr. Wilson will have taken one of islands, and maintain a great son of conditions on the Baltic of the Indian Bazaara cover recent sales. The the most creditable stepe in his army there.

frontage and at the Dardanelles, Douglases Bat what they prefer and most thus leaving Vladicstock on the however, was too fast, and the Administration to carry out a

Indos (Com.) Bazaars soon fell out of the run- definite party pledge. It is equally earnestly desire, is that they be Asiatic frontage and Archangel

Indos (Def.) ning and realized much of their gratifying that a large majority allowed to go on their own way on the Arctic frontage of Euro- bolding in London. A consider of the Senate seems to stand with They are ready and willing to pean Rumis, the chief porta able amount charged hands at him. Not that there is a prospect of sesame the responsibility for their through which merchandi s could 27-5/16 and 271, bat buyers the immediate passage of the future safety, even if they are not enter that country. determined to let the Market have measure by the Senate. The neutralised. The latter, they Despite these obstacles, the ex- areat, and the price fell back Newlands railroad resolution is believe, can easily be done, be- ports from the United States to Sugars until to-day it touched 26-15/16. getting in the way, and.Repab- cause of Japan's desire to prevent Rasia in the calendar year 1915 Lunas At the set-Lack sellars seemed licans have served notice that any other Power from obtaining will show a total of about $150,- 600.000, against $27,000,000 in disposed also to hold their hands, they are going to begin to talk a lodgment near her.

But even if this question of 1913, the latest normal year. was against the measure-of course, and but little silver offered. The Indian Currency for purely political reasons. But defence did not eater into the this total about one-third went to returns record continuous re-unless a filibuster is resorted to, issue at all, the Filipino want Vladivostock, 10,000 miles by way Urals duction in the bolding the Philippine bill will go through a date fixed now for the Ameri-of the Panama Canal, and was under the head of silver the Senate before very long, and can retirement from the islands. transferred thence another 6,000 coin, whilst the total of gold has the House is expected to follow They feel that this is the paycho- miles by the Trans-Siberian Bail recently advanced. Some pursuit, sa it has already passed this logical time: The Democratic way to Bussia in Europe. Of the different party may be defeated at the next other two-thirds, nearly all want chases for Indian coinage are bill, though in some

election, and a Republican Pre- across the Atlantic to Archangel. therefore not improbable if these form. movements continge. Meanwhile As the Clarke amendment now aident come into power, imbued The recent temporary closing of other coinage demands for the stands, the significant passage, with the ideas of Mr. Taft, that the Panama Canal, coupled with Home Mint and three of the Con- after the directing the president fifty ors hundred years from now, the difficulties of the Sues route, H Hotels tinent remain, and will continue to recognize the independence of if somebody not now alive thinks sant practically all of the recent Angle E. Landa to remain, important factors in the Filipinos in not less than two that they have measured up to shipments to Vladivostock by Land Invest the Market. Stocks are not an years or more than four years, certain standards of our own, way of the Cape of Good 'partys Est they can then go their way. Hope, this route being about Kioon Lands daly large in any of the great reads as follows-

Provided that, if the President, The Filipinos look at Georgia, 2,000 miles less than by way of Shailands silver centres, and sellers; in Americs especially, are in vary at the expiration of the said with its horrible record of Magellan Straits, and the coaling West Points

the first of facilities in South Africa better Centrals good heart. An Indian Car period of four years, shall find lynchings since

that the conditions of the internal January and its Frank case than those of South America. for January rency Return 92

With the gradual congestion of Ewes Lakhs or external affairs of said Philip with its exploitation of the negro gove details in of Rupees as follows:-Notse in pines in respect to the stability or through subtle forms of contract freight st Archangel and upon circulation 6,09-4, Reserve in Silver efficiency of the proposed govern labour akin to peonage, and the the railway leading thence to S'hai Cottons

thereof are such as to high percentage of illiteracy, and Petrograd, followed by the per- Coin 2,633, Gold Coin and Balment

ice closure of that lion 1,274, Gold in England 817. warrant him in so doing, be is think they are pretty well beyond manent The reserve in silver coin has hereby further authorised, by that American standard pow. port for the winter, the chief

and They have not burred anybody remaining entrance fallen & further 37 lakhs. The proclamation duly made stock in Borabay consists of 6,700 published, to extend the same to death in the Philippines, and winter will be Vladivostock, to bara as compared with 5,700 last time to and including the date of we have burned two and murder-which the distance from the port week. Under date of December 24, the final adjournment of the ed fourteen others in Georgia of New York is 17,050 miles by 1915, the stock in Shanghai con session of Congress which shall since Jannary first, according to way

of Magellan Straits Green Isianis, nexi After the date press reports, without there being 15,500 miles by way of the sisted of 1,051 bars and about Convene 51,500,000 ounces, in sycee, as of the expiration of the said even public anger or denunciation Cape of Good Hope; 13,117EE. Ice Co., compared with 67,000,000 on period of four years, and thras afford in the country to prove the super-miles by way of Suez; 10,000 November 20, 1915. A shipment the Congress an opportunity in its ior conscience of our civilization. miles by way of the Panama

to further consider of 650,000 ORICE has been made, discretion

That the bulk of the American Canal, and 75,00 miles by way Trans, Peak, old b. from San Francisco to Hongkong. the situation in the said Philip people, Republicans and Demo-lof our transcontinental railway Trans, Peak, new b. cents .83 The same firm's report of Feb-pines; but any each extension of crata alike, stand behind the Pre-lines and across

the Pacific Langkats time by the President shall not sident in his deaire to let the The fact that the distance from pine Tobzzco. ruary 3, is as follows: The

Laundries anderstone has been good, and otherwise suspend or nullify the Filipines go their own way, how-New York to Vladivostock, across the movement of the price has operative force of this set, unless ever stumblingly and haltingly, the Continent and thence across - Waterboats

the Congress shall hereafter so there is little doubt here. The the north Pacific, ia bat half that Watsons kept within a narrow compsia American operators maintain a direct."

apathy of the public and press by way of the Cape of Good Hope W. Powells “ballish" tendency, while the In- The amendment also instructs the total absence of the old talk route may throw considerable Morning Posts

the President to neutralize the that the flag must not come down quantities of freight for Vladivo diam Bastars are chary of buying islands by international agree when once it has been hoisted, stock by that rail and water route owing to the dearness of money in Bombay and Calcutts. The meat, and, failing in this, to and that we need the Philippines until the re-opening of the Panama reduced stock in Bombay points gusractee the independence for a so that the sun shall never set Canal

period of five years after the with upon our possessions, is over with drawal, it to retain and exercise for good. Nine Americans out of merchandise being sent 10

every ten one meets are for urging the Japanese to take the Philip pires, if the islands will not leave na of their own accord.

-.

Markets.

for the

China Coast Officers and

the War.

Ad

NOTICES.

CHIKA PROVIDENT LOAN AND MORTGAGE CO. LIND.

(Capital Paid up.....$1,250,000.)

Lions on Martgeen of House Property, št. Goods received on Storage Advances onde os Merendine. - imoats made on the Procidem System. (atus and Rumietslars on application).

The Office of TRUSTÈE, EXECUTOR OF WILLS, ATTORNEY, Se. Undertaken and Exerted

SHEWAN, TOMES & CO., General Managers..

PEAK

NOTICE

TRAMWAY CO. LIMITED.

TIME TABLE.

1.00 h, s

WEEK DAYS*

4

Kao bat. Ivant 25 Men.

ㄢ K

SOLOC A.3% DD-

BLUSİ AL. DO 2945 224

+ 91

$102

$61 $372

107

$87

· LOT AL, 23

$99

Cotton Mis

2005 Pol

$140

so Mast

King Yüks

STT JAC. 18

5.00-m

IX MIM

b

$1314

20 Mun

Laz K. MowS

В

71

t. 90

Langtszepoo

5,90

Miscellaneous.

243

sure L. to

$10.33

TLE) LM, D

$4,50

b.

$9,50

$400 1.

b.

$30

$10,40

b.

$44

B

$180

b.

$86

Trams, Low Level.

B

$5.80

$10

Borneos

China Light & P. Providenta

Dairy Farma

H. K. Electrics

Ropes

b.

t. 29

b.

$4

lib.

$37

b.

$15)

$6,90

b.

$51

b.

$99

CORRECTED TO HOOK MONDAY MAX,

7, 1916.

WRICHT & HORNBY, Share and General Brokers 6. Des Vœux Road Central, Tel address, Rectitude.

TI Demand 30 dis......

EXCHANGE

SELLING..

NIGHT CARS

KAS PAIGE BERE O NIL Da Pak to

100 Jat ovny ball hows

. 12.00 PJL TO 13-6 1-20%-

every gumber olan house

SUNDAYS

soy am. Ever as MOL

15.00 SOCKE

LAO XOct to Led PJES

דרם

ŠAG NI KI

3300 130

Man

25

5:00 +

М

3.00 2.344.

*

TM Mur

25. MIL

km zz.

+4

NOGET CATS as-ca Wak Doyh

SATURDAYS

Is Cawinghi "SPECIAL CARS

By Amargusest at the Coopexy's Clico..

Dis. Toewené, Centzat.

*Season ind_patch Ízichets available for all conn sot already fad, ruenesst the time stated in the Company's me sables but not for special cars. CRO be obcasal on application at the Comma's Office No Eason ticket will be issued well payment shares fechas been made in Bark Sone or by Chaqadar Compendere order repetenting Back Noets" JOHN D. HUMPHREYS EST

NOTICES.

MITSUBISHI COSHI

KWAISHA.

(MITSUBISHI Cb.)

COAL DEPARTMENT.

SOLE PROPRIETORS OF TAKASIMA, OCHI, MUTABE, TOSHI NOTANI, NAMAZUTA, SATU,SHIRKEW,

BIBA! and KAMIYAMADA Colliec.

AGENTS FOR SAKITO AND QYUBARI COALS.

HEAD OFFICE-MARUNOU. CHL TOKYO.

BRANCH OFFICES. :-KAGASAKI, MOJI KAPATSU, WAKAMATSU,

COREY MANA QIMET Bongbong— J. Sendi, Aug.

MALAIS Shanghaimán Ge Htephen). Bag Zandon Bankers-london County alt Westminster, Limited,

Bunglong-oesrest Allowed t On Current Account at the race off per (REZ. PET gumagan ta the daby balance

ON FIXED DEPRES

Fer I month,per cent, per AENEA For 5 months, 24 per cent, per sitoes. For months; • per ovat. Per anonim. N. J. STABBY

Chief Manager::

HONGKONG SAVINGS BANK.

* Fusiness of the xbowe Rank is soodusted by the HENGKONG AND SHANGRAI BANKING CORPORATION. Kales y be obtained un application. INTEREST on deposits is allowedyny the m imam monthly balances at fai per cent, plezaten. Depositors may transfer. At their ODDONĄ, MADON

of $100 or more to the Bouchoue and Zubetas

Bank to be placed on TAS DELEM Dent, per annum,

For the Hongkang and Shanghai Banking Corpas tish

N.J. STABB,

Chief Marsger

THE MERCANTILE BANK OF INDIA, IRRUUNNID,

Head Office 15, Gracechurch

Street, London.

Authorised Capital .............. £1,300,000 Subscribed

Paid Up

Reserve Fund

****** 1,125,00

BANKERS:

The Bank of England,

5622,500

- 500,000

The London Jelče Starke Bank, Limited.

BRANCHE- z Bombay

Calcutta

Colombo

Bourkons

Forzak

Kandy

14

Karachi Koca Star

Kuala Lump

Madras

hanghai Singapore.

FONGKONG BRASER,

Every description

bosinej teatracted.

Banking and Rechang

Interest allowed on Current Account at X 200 Bet per antes de Daily Balances, send on Fixedžmpos as rates which may be ascervinand on appleston

C. CHAMPKIN,

Acting Manager:

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated or Royal Charter 253-

HEAD OFFICE:-LONDON,

Paid-on Capizal.

Reserve Fund.

Xoserve Liability of Proprietors£1,300,000

TOREIGN EXCHANGE 3d Gesen! Banking

business transacted. CLEAREST ACCOTS) opened and ge DEPOSITS

received for 1 year or shorter periodā,, as aces which will be quered on application.

WEL DICKSON,

Manager. Hongkang, 11th April, 1912

INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE:

60, Wall Street, New York. LONDON OFFICE: 36, Bishopsgate, ELC.

BRANCHES :-

LONDON. MANILA

BOMBAY. CALCUTTA CANTON, PANAMA, CEBU.

FEKING COLON. SAN F CISCO. HANKOW, SHANGHAL

| HONGKONG. SINGAPORE.

KOBEL

YOKOHAMA -

OTABU, MURORAN, BAKODATE CAPITAL PAID-UP $3,250.000 KOBE OSAKA, KURE, TOKYO TOKO RESERVE FUNDS 4,210,000 BAMA, NAGOYA, TSUBUGA, LOK DON SHANGHAL HONGKONG, HAX

KOW, PEKING and CANTON Cable Address for above:

*JWASAKI

Codes: A1, A.B.C. 5th Ed., West em Union. AGENCIES:

to the necessity of some fresh par

A considerable share of the chases, either from London or Chins. In either case the opera such control as may be necessary

Vladivostock is cars, rails, and tion would have a sustaining in to enforce order and avoid ex-

railway material, largely for use finence upon London

in constructing a new railway ternal complicatione." prices. The Continent continuer to be a

If the President desired to do

line from Petrograd northward to more or less active bayer. The £t-so, be could easily couple this

ja port on the Auctic coast which, ful way in which orders come to proposal to evacuate the islande

through the influence of the Gulf

1/11 3/16 hand is the cause of the oscilla with his scheme for prepared Home Commercial and Produce Stream, is open all the year round, tions in the price, which are limit-ness; for our withdrawal from

bat it is hardly expected that this

1/11 5/16 ed in extent, and the price has the Philippines would take from London, Feb. 1-The Bank rate railway line can be completed in 60 dis...

.1/11 7/16 been recently swinging to and fro our jingoes and naval strategists remains unchanged at 5 per cent time for me during the present m/...:-1/11 3.6 like a pendulam. The stock in one of their favourite talking The Open market rate for shert winter. Merchandise.now pass- T/T Shanghai..........73 Bombay consisted of 4,500 bars, points-the Japanese mensce to loans is 4 per cent, and discounting from New York to Patrograd T/T Singapore... 21/4 as compared with 6,700 last week as in the Philippinesad by of four months' Bank bille 5 per via the Cape of Good Hope and TT Japan 9134 The reduction is owing to pur- that much improve car relatione cezt. The Silver market has Vladivostock route travels a dis- TT India

143-4 chases for coinage by a native with the Japanese. The Philip beer fairly setive during the tance of over 21,000 miles, 15,000 Demand India 144 State. The stock in Shanghai on pines, as they now stand, are a week, and bsra аге now miles by the water route and T/TSan Fco & NY. 46

T/T Java

109 58 Jannsry 7, 1916, consisted of 584 Canse of great military weak quoted at 2741 per os.. The 5,800 miles by the Trans-Siberian

T/T Marks... Nom. bars and about 50,500,000 cz. in ness to na While Hanila Babber Share market is in an Bailway.

T/T Francs.70 bean sycee, sa compared with 1,031 Bay bas wonderfully interesting condition, for, though

Demand Paris-2.70 14 bars and 51,500,000 oz. aycee on fortified with the best coast it is somewhat duli after the

BUYING December 24, 1915; this is a defecces WO have outaide, recent activity, there is no weak-

4 m/s. L/C

1/11 15/16 further considerable decrease. No except those at Panama our straness. The Yokohama Specia

4 m/s. D/P conoscein:2}= 1/16 shipment was made from San tegists hold that the island could Bank announces that the Im-

23/16 Francisco to Hongkong during easily be overman by Japanese perial Japanese Government the N.C.Daily News, that Mr. F. 30 ds. S'ney & M 2 3/16

News has been received, says 6 m/s. L/C, troops landing at other pointa, bsa purchased for the Indeed, one very high official in pose of cancellation, & further A. Lovegrove, late chief officer of 30 da Ban Fco & N.7.47 % the Government secures me of half million pounds of Imperial given a commission in the Boyalma. Franca 2.26

the C. N. 6.6. Siakiang, has been his belief that, in the event of Japanese 4 per cent, sterling Flying Corps Mr. G. D. Grant, Demand Germany... war with Japan, he thinks that bonds of the first and second late chief engineer of the I-C. s. Demand, New York 40 18 Japan would do nothing more series. The China Tes market has Luenho, has obtained an appoint- TIT Bombay than take the Philippines and undergone little change, but the Gasm, relying upon sentiment in tendency, however, is towards : 80cond lieutenant in the Demand Bombay 14

Com-TIT Calcutta 3rd Highland ... Field Confirmation of the energetic this country to avenge the "in- rather lower quotations: Coffee is way in which metal is being com-sult" to the flag and send large quiet, but late rates are maintain parry, Royal Engineers stationed Demand Calcutta...144 mandeered in Germany for mani-expeditions over to reconquer the ed. Bagar has been firm, with in Perthshire, Mr T S Demand Manila Sions porposes is obtained in the islands. This would enable moderate transactions, Pepper Hinde, late chief officer, C. M. ss. Demand Singapore 32 form of an advertisement publish- Japan to take plenty of time for maintain a firm tone. Rice has Kiangtoes, has obtained s com On siphong-----3 34% premi d in the Technische Rundthat preparation and to give battle on raled fully steady, with 3 attached to HMS. Buellent, Soverign 10-25 mission in the RNR and is On Bangkok 1934

On Saigon 3 The advertisement reads "Metal- her own terms in the strategic fairly good business passing submarine depos Mr. A. G. Gold Leaf per o257.00 Hermasis in blocks. For non-positions she would have months Manila Hemp continues firm at Madan, late second office, O. M. Bar Silver per 26 15/16

military nees. Exrapt from all to pick in advance. If this in farther advance. Plantion Rub- Chinhas, is a sub-heutenant requisition. Germanis mstal is a teresting theory has any basis at ber has been dull and lower on H.M.S. Maidstone, anbmarine substance based os tín, zinc, and sil în fact, it is mother excellent Standard No. 1 Crepe being now copper guaranteed from all risk of reason why we should get out 28, 11d per Ib. and Smoked Sheet depot, and is attached to sub-

quisition and able to replace of the Philippines at once. [2a 1041. per lb. Fine Hrd Para mar 14 Mr G.

sub-lieutenant EMS, Orotava,| Now, the Filipino representa is 2a. Uld, per lb. Tin is 2178 158.writes from his ship, which is Hongkong 29 cis pieces 87 for Broad, Cates, Confectionery Piron and tin for water pipes | |

gia pipes

A. Meyer-Hutten- tives in this city aze smions to to £179 for cash, and 3179 10a, Berlin Tempelhof**

patrolfing haveus get out of the islands for to £17915. for three months.

the week.

"Metal-Germania.”

pur-

James,

4 ms. Marks...Nomi

Francs 281

92

SUBSIDIARY COINS.

DISCOUNT PER $100-

100 15 12%

hinom eta preces 17 34%

Hoarton 10

CEINKLANG Messrs. GEAR- BG & Co., MANILA--Messrs. MACONDRAY & CO SINGA- PORE Messrs. BORNEO Co LTD, GLASGOW-Messrs. A B. BROWN, MCFARLANE & Co. EID.

For Particular, apply to K. KATO,

Manager, No, 2, Fedder Street, Hongkong.

FREE TO ALL SUFFERERS

ZA SA PREJ OLDER BOOND

THERAPION:

MENCO HATI TOGA, RO, LISPETTAD LONDON,IMG.

THE ALE TANDRA CAFE. Cannot be Beaten, H Equalled

and mesla with Wines & ziqporr.

(US. Gold) $7,460,000 All Kinds of FOREIGN & LOCAL BANKING BUSINESS transacted

́ ́ CURRENT ACCOUNTS open- ed and FIXED DEPOSITS received at rates to be ascertain- ed on application.

N. 8. MARSHALL

Manager.

THE

VOKORAMA SPECIE BANK. "LIMITED.

Established 1880, Authorised Capital Yen 48,000,000 Paid-up Capital Eeserve Fund

30,000,000 20,000,000

Head Office-YOKOHAMA,a