1916-03-10 — Page 9

COMMERCIAL

"Gold that Is Still Held in *In Germany, weiten & financial expert from Berlin, "there is still much gold outside the Biche bank-though not, indeed, in active circulation. The president of the Reichsbank has recently expressed to the writer of this article the view that there is still

CONSTANTINOPLE

A City of Panics.

The special correspondent in Athens of the New York World wrote early in February as follows ****

THE HONGKONG TELEGRAPH, FRIDAY, MARCH 10, 1916.

[wagons that plane

(498 went for the fucky, and the rest were destined for the BL garians.

Besides the Turks now hava

CRITICS OF BRITAIN

BEBUKED

facilition for receiving beary Italian Editor's Tribute to our artillery, which they hitherto, had

not.

་

In return for the munitions

२

and guns the Germans are send-

Voluntarlaus

HONGKONG SHARE REPORT

BANKS.

~BANK OF CANTON- EEMITED.

HO

RANKS

PONGLONG & FLANGEST

BANKING CORPORA

STIONS

HEAD OFFICE HONGKONG) Paid-up

FOREIGN EXCHANGE and} General Banking Business Trans- sicted.

CURRENT ACCOUNTS open-

RESERVE FUNDS: 1

Starling 20

£1,500,000 at 2h

*****£5,000,000

Silver....$18,000,000-

ed and FIXED DEPOSITS Re-Reserve Liability of

OVERCIAL PRICIES.

Banks.

$785

Cantons

North Chizas Infors Yangiszes

Marine InsuLACES.

b. b

33,

eeived

1891 $975

INTEREST ON FIXED DEPOSTTS:

Fire LasuraNCAS.

b.

Shipping.

$162 $41

$133

For 3 Months 3% per annum

For

For 6 Months 4% per annum

Months 41% per annum

$18

SISI

$136

$49

98/-

$39

Refineries.

$143

THE

$44

Mining.

801-

ing to Turkey, they have taken Milan, Feb. 2-Continuing his Banks Panics are common in Constar-from Turkey up to date, great series of impressionist articles on tinople, not only because of the quantities of figs from Smyrns, his recent sojours in England, want of money and, bread, but and cotton from Adans. As for Dt. Mario Borsa, editor of the as much as 240,000,000. left in ong to explosions and sub-grain and other necessary articles Kilin Secolo writes =

*When on my return to Italy the country." This belief was the marine exploita. Is the last week that the Germans were expecting basis for the Government's recent of the year, the explosion at the to get from Turkey, undoubtedly the other day I read in a promin requirement that banke resting monition factory in Haskeni, on they will be sorely disappointed.ent Bean journal that the Eng out safe-deposit raults or boxes, the Golden Horn, made Constan- In order to utilize the rich re-ish Government cannot and China First require & formal statement from tinople tremble like an earth sources of Anstolis, the Prussians means to persuade its E Fire

mut first bring thousands of people that it ought to do is the user that he is keeping no

quaka. gold in it and that they canoel

This factory was installed by hands to work the mines, to culty duty and pay the debt of Douglase the lease if the customer will not Krupp, and over 2,000 workmen Tate the land, and build railroads, blood as the French and Italians Steambosta to Indow (Del) were employed there, mostly Ger-and many of them, too, since it is jare doing,” I ask myself why cer- Indos (Con.) mane, mainly in the mannfae absolutely tree that no working fain newspaper continue Besidesmaigamating with other ture of hand grenades. By an hands are left in Turkey, and the throw doubt on the sctivity and Indos (Pred) mille, the purchase of old machines accident, the explosion happened lack of means of communication even the very existence of Bri-Shell is being effected by the Ojt Paper at noon-time, and the store house is well known. All this will take tain's new army, and to harp on Ferries Company for the fartherance of for the mixes, text to the factory, time, evan years; but the war will English egoism. Apathy and

Sugars the Turks utilitarianism have their roots in Ita ertension plan. The company took fire. Over 1,500 persons not wait, nor an has recently bought digestors were killed or wounded, the entire endure mach longer, and for this bad faith, triviality, or ignorance. Laroca

"The English, like the Italia from the Hitam Bishi Co., as the section of Hasiceui and Kassim reason Germano-Turkish relations Iatter has given up the paper palp Pasha was burned to the ground; are becoming more strained every people, is doing its duty. So far

the price Britain has paid in five Kalans monfacture until lately maintain all the window panes were broken į day.

times greater than ours. In 18 Baube ed in Taiwan. At present, nego in Pers, and extensive damaga tiations are said to be in progress, was caused. All the shops were Although this disagreement has months, England got together a with the Hoo Paper Company for closed, and people ran panic not been settled, the German vast voluntary army-fourmillion Cals the parolase

of old paper stricken to some point of safety. gendarmary in Constantinople citizens, drawn from every clar, mschines.

Ojl Paper Company.

The Rice Market.

DE & total of 26 928 tons.

Shanghai Cotton Maricet.

Domtacering Germans.

Tronohs

STIL

$109

b.

$104 155

1.

93

Lands, Hotels and Buildings.

W

$112

B

t 94 $104

$372

LOOK POON SHAN,

Chief Manager -

NOTICES.

CELENTA PROVIDENT LOAN AND MORTGAGE CO., LTD.

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

Loxas Korte of Home Propery, & :Goods recobre on Stag

„Advisou made o Merchandise.

Lode on ete Providers bystem. CRates and Parties as to application).

DETOR OF WILLS, TRUSTEE EXE ATTORNEY, Lader.aka and Everested

SHEWAN, TOMES & Co, General Managers:

NOTICE.

BAKIMITED

AK TRAMWAY 30.

P.BA

TIME TABLE

5.06 321

RIGHT CAKS.

+

-

2.

-

A MIL

and y zati, geạo Philə to LED TO, avary half hostes Evwy quarter at we bout v SUNDAYS

* A *

ZEM, Ta

MWAN ETRAT 15 MIN.

Soot to: 2007

0.004 - 7.00. Fle

7100 120+ T 3.00 1.J KIGHT CARS si ma

༈

*

23. H

Wask. Days

1107

WELL DAYS.

$87

$99

ZALO AMA 30

tl.gsm to

Cotton Mills.

b:

$1474 $132

That Turn D

133 JUL. 20

1.71 ΤΡΙ

b.

534

MiscellancoUS.

b

$iet

235 LED SOCK

1.

$4.60

$9,80

500 2.

$30

画

$10.13

b.

5.

$150

Sam &'s $39

$5,60

"

$10

b

cemis .85

t. 18

b.

$4

$153

$7.

$99

Docks, Wharves, Godowns, &c. The Turkish official announce have taken almost everything into sarolled of their own accord. E. Warres ment calls this an insignificant their hands. The antagonisms Sixty per cent of the populaDocks, Old In their monthly circular, dated accident, and states that only five between the two allies has ad- tion capable of bearing arm Docks, New the 22nd February, Messrs. W soldiers and six civilians were Tanced so far that it is reported responded to the appeal of the Shai Docks G. Hale & Ca, report as follows led and a few wounded, while that the Kaiser haa addressed a country. I doubt whether in the kew Wharres on the Saigon Rice Markets-only one house was burned. Yet dispatch to Ever Pasha, asking conditions of England-I mean in Basinese stagnant, demand tri- fing, prices wesk. Freight from eye-witnesses say that the damage him to employ his influence and not having the enemy in itemidet. Hotels

was so great that some stone every possible means to end the nor experiencing, the horrors of Anglo F. Lands Baigon to Hongkong 67 to 68 bildings were thrown into the conflict. One must not sitsch too massacres, burnings, pillage and Land Invest cents, to Java 85 to 87 cenie, Golden Horns, and even their much importance to this, since devastation, and indeed having phreys Est to the Philippines 88 to 90 places could not be located. it is an absolute fact that the reasonable confidence in the pre-Kloon Lands cants, to Japan 80 to 82

While the withdrawal of the Tarke are not masters in their servation of its own territory from ShaiLands cents and to Singapore 55 to 57 Allies from Anafarta (Suvis Bay) own country, and the Germans invasion any other nation would West Points

Centrals cents. The British steamer Ders and Anas gave rise to great reare in a position to make things have done as much.

** Unique Spectacle." wangue was chartered for 15-joicing in Constantinople, the go their own way.

"Surely a country that has EWOS So the expedition for Egypt is 000 in fall to carry 32,000, pikala Tarka boasting of having thrown 4to Singapore. The export of the English into the sas, theatrival purely a German scheme, and the given such a spectacle, anique Kang Ti

white rice and paddy to Singapore of the wounded from the Dards Turks are driven into it, although perhaps in the world's history, is Lan Yows from the 18th January to the 3rdnelles has not stopped. Travellers they well understand that they entitled at any rate to a certain Shai Cottons February amounted to 20,158 art that every week thousands have nothing to gain from such respect. Tel, strangely enough, Tangtsrepoos toms, and previously 6,790 tons are brought to the city by the Bed on exhausting and dangerous what is most admirable in the

British army from the moral point Borneos Cross transports, and in one week undertaking.

Talaat Bey, representing the of view, namely, its composition Chins Light& P. in December, about 12,000 wound-

co- of volunteers instead of conscriptz | Providents Mr. A. B. Rowenfield'a Cotton Market Report for the week end-ed and disabled soldiers were Government, sasared his

workers that: "We are concen-is precisely the aspect that leaves Dairy Farma- ing 2nd March, 1916, is as fol- transported from Gallipoli.

I learn also that typhos and trating all cur forces for the the Italian public most diffident] Green Islands Do we not our- Eectrica cerebrospinal meningitis and Egyptian expedition. Egypt will and indifferent. the past week hay shown but little other diseases are causing havoc become an integral part of the selves feel livelier admiration. In Co, animation aside of occasions in the ranks of the Turkish army. Ottoman Empire in all respects; and gratitude towards the Italians Ropes spurts of activity, with the goce Hundreds are dying daily in Con- there is no question of making fifty years old, who at the out Trams, Low Level b al tendency "steady" by reason

military obligations, enlisted Tran, Peak, new b. of short commitments from the tantinople, Arabian soldiers not any arrangements on this point break of war, though without Trams, Peak, old

being accustomed to the winter with the Germans, interior marta, Local Mills are

"The Government up to the pre-spontaneously than for the youth Langists for the present abiding their time cold, which this year is ex- in view of the uncertainty prevail. ceptionally severe, have Dean seat has trusted the command to of 20 who turned up when legally Ppine Tobacco.

almoet wiped on:

Djemal Pasha For the moment immoned ? ing, in

Consequently the Turks, in 280,000 men will take part in which they have adapted the order to fill up the ranks of their this undertaking. Later, we can seera, English or Italian, fight Watsons band to mouth policy, whilst lost army corps, are taking every reinforce it by the effectives now less axisisctorily than others W Powells the farmers on the other hand prefer to market their Cotton step, legal or illegal, to get new destined for the protection of the just because they are volun- Morning Posts

Anatolian and Bagdad railway, teems? Let these gentlemen of gradually in order to meet their recruita.

By these last efforts, the Turks in case the enemy attempts to the Frees go and ask the soldiers | CORRECTED TO NOON MONDAY MAR. incidental expenses. This in likely to prevent any sericas de-are planning to form a new army attack the Cicilian coasts and and officers what they think of cline, as the farmers are finar of six corps, divided as follows: through the army which we have the English, and they will hear WRIGHT & HORNBY, cially able to hold their Cotton in- First Army Corps, commanded in to-day in European Turkey, since of the coolness and admirable Share and General Brokers deinitely. The Yarasitussion has Constantinople, composed of three French and English forces will courage with which they ca again improved and the outlook divisions; Second Army Corps, withdraw, and we will be free to death, and that the only fault to may be said to be recovering from commanded by Ferid Pasha, in utilise our soldiers by sending be found with them from the the lethargy it was thrown into, Adrianople, siz divisions; Third them to Egypt. In case of military point of view is that during the past few months, and Army Corps, under Mahmoud need the allies can take our place they show too mach contempt for

Kamil Pasha, operating in the in Europe, and thus liberate the life."

Considering the small minority with the Revolutionary move-

affected by the Compulsion Bull | T/T ment ander control, we hope to Caucasus, and having eleven movement of our soldiers."

divisions; Fourth Army Corps,

Jowa:-The Cotton market during

of copiq 280.03

Across Mount. Taurus.

Lauridries "Or is it contended that volun- u. Waterboats

A

10, 1916,

6. Des Vœux Road Ceniral, Tel. address. Rectitude.

EXCHANGE.

SELLING.

4 1/3EU

1 1/1 5/16 1/11 36

1/11

1/11 9/16

72

82

Shanghai T/T Singapore T/T Japan. 92 T/T India viz. 144. Demand India............ 144 T/T 8an Fco &N.X. 46 TĪT Java 109 T/T Marksourcestors Noti. T/T Francs.273 Demand Paris .........71 1⁄4

BUYING.

seo a revival of activity in the ander Djemal Pasha in Syria, will To take so army of 280,000 men Doctor Barsa believes this Bill Demand Tertile trans. Under the cir- Cumetsnage, therefore, the fature be the leading force of the Egyptian across the Tauras Moastsins will was judged opportune solely in 30 d outlook cannot be said to have Expeditionary army, and has six require at least two or three order to anquillie the Allise 60 dk.....

divisions, the Fifth Army Corps months. The railway from Coo- and arrest altogether partisan changed. Tons of the market, of Liman von Sanders Pasha, the stantipopis goes as far as Pusantil internal agitation which might Stendy

largest of all, is composed of 18 some 35 miles from Konis, and have become dangerous.-Day Shanghal Exchange Circular. Mears, Morward and Fearon's divisions, of which 15 are in the then come the snow-deep Taarns Chornicle. report for the week ending lat Dardanelies and three at Smyrna; mountains for another 50 miles March, 1918 states: The London they also will join the Egyptian to the nearest point on the Adans price of silver after touching Expeditionary army. The sirth Railway, with no roads and no

In many stationers' abopa at 2741/161. is reported 26-15/18d. Army Corps, placed under the facilities for transporting large i. 181 lower than last week command of von der Goltz Pasha, guns.

And then, since the Adana to Home the price of notepaper and We understand that the Market composed of fire divisions, and in the early part of the week ander is operating now in the region of Alexandretta railway lines have envelopes has already been ad-

been destroyed by the English vanood." ESTION was steady on Continental Bagdad.

In all these 40 divisions, hardly a-d French warships, and no and Mint orders. This steadiness wasreflected in our market, but the 500,000 soldiers are to be found. army can take that rate, being general demand for T/T on London A Tackish division is supposed to under the fire of naval guns, the continued and was augmented by have 12,000 men, but in reality Turkish Egyptain Expeditionary

the 29th fast. Rites have remained number.

at 27.7/182 for T/T on London --

throughout the week and our

Oamanich railway; and from there

Dearer Note paper.

4 m's. I/O

4 mil. D/P 6 m/s L/C

21-1/4

30 djs Sney & K-2/- K 30 da San Fco & N.Z. 47 46

4 m/s. Marks......................... Nom.

rols. Francs ---

TT Calcutta

2.87

144 74

SATURDAYS

Ext Car at is addebebas

SPECIAL CARS By Arrangement at the Company's Offca.

Du Yoond, Central

Scaso sad panch 'tickets, wanilable for all cut- fot already fall, tunang at the time stared it the Company's me tables, but not for special cars can be obsed on replication, at the Company's Ober No Sewon ticket will be inrved until "pajmet Thoma for has been made in Bank Sous or by Chaquelce, Compradore order representing Bunic. Noers.* JOHN BUMPERETS as

NOTICES

MITSUBISHI COSHI

KWAISHA.

(BRITSUBISHI CO)

COAL DEPARTMENT,

$33,000,000

Proprietors.$15,000,000-

COURT OF DIRECTORS.

(W, 2. Famenden. Zagu-haimaa

5.71: Dodwell, Kaq –Depozy

GT. M. Edina, Koch

HOBÚKY, D. Landale,

J. A. Mamaer, De

Hon. Mr.

Shekima.

Chang KayI ČES

Hongkong X, J. Stabb, Zag

MANAGER Shanghaima. G. Stephen, Tan, London Banken London County sad

Watusinar, Limitedi

Hongkong -- Castrum Allowali, On Crest Accusatz at the name, tad de pêne comG Bezmura dei the datễy beễRSOS,

ON YIXED SRPOSES.

For 3 months, 2 per cant per antuan For 6 months. Jag per cer÷ per BORREL Je to mouths, & per cent. per apomet, N. J. STARE,

Chief Marager.

HONGKONG SAVINGS BANK.

THE Business of the shore Banks is conduct by HONGKONG AND SHANGHAI BAXINA

CORPORATIOS. Inles may be obtained on applimient ETEREST on deputies 2 Moveling the vin imum monthly balanom at 131 per cLAR, AT KUNNEN

Deposites may transfer, their ophon

SOLE PROPRIETORS OF TAKASIMA, OCHI, MUTABE, YOSHI- NOTAMI, NAMAZITA, SATO, SKIKNEW, BIBAI sed. KANIYAMADA Colliarias. AGENTS FOR 'SAKITO AND OYUBARI COALS.

of Brgo gr more to the Hondwag amasangbad Bank to be placed an FMSEMŰ DEPOSIT at. % pac

GRAL, per RADIA.

For the Hooghong and Shanghai Banking Export... Sony

N. J. STABB

Chief Managez.

THE MERCANTILE BANK OF INDIA, LIMITED,

Head Office 15, Gracechurch

Street, London." Authorised Capital, Subscribed Paid Up

Reserve Fund

+

£1,500,000

12:100%

582,500

300,000

BANKIN The Bank of Explené. The Loodos Terine Stack Bania, Latized

Bombay

Calcatt

Csiambo

Delhi

Hongkong How ab Kaby

BRANCHE-

Karachi

Ioan Bhara

Inala Love

Penang

Singapore.

PONGKONG BRANCH, Every description of Banking and Budang best transacied

Interest alowed on Current& commERE, JA AZERBES. PES ANDUM ON Thiy Balances, md en Fried Dapan. at rates which may be asocratized un applicītiem.

C. CHAMPKIN,

Acting Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Incorporated, by Royal Charter 1853-

TEAD

Paid-up Capital

OFFICES-LONDON,”

£1,100,000 7,800,0

Bare Fund Reserve liability at Proprietot.100,000

•PORIGN KICHANGE and General Ranking

business transactech. MESKENT ACCOUSES Pond and FLER *POS reczówać for 1 year or shorter perioda, at, rates which will be qoured on application.

Wia. DICKSON,

Manager. Hongkong, 11th April, 1912.

INTERNATIONAL BANKING

CORPORATION

HEAD OFFICE:

60, Wall Street, New York LONDON OFFICE: 36, Bishopsgate, EC. BRANCHES =— ROMBAY. LONDON CALCUTTA.

CANTON CEBU.

COLON.

MANILA.

PANAMA.

PEKING.

SAN FCIBCO. SHANGHAT

HONGKONG. SINGAPORE.

YOKOHAMA

HEAD OFFICE MARUNOU. HANKOW,

CHI TOKYO.

BRANCH OFFICES -NAGABANT. MOIL KARATSU, WAKAMATSU,

KOBE.

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

OTARU. MURORAN, HAKODATE, CAPITAL PAID-UP $3,250,000 KOBE, OSAKA, KURE, TOKYO,YOKO | RESERVE FUNDS... 4,210,000 HAHA. NAGOZA, TSURUGA., LON DON, SHANGĦAL HONGKONG. HAN. KOW PERING and CANTON. Cable Address for above "IWASAKI," Codes: A1, A.B.C-5th Ed., West- ern Union. AGENCIES **** CHINKTANG Mesars. GEAR- ING & Co., MANILA-Mesars MACONDRAY & Co., SENGA- PORE Messrs. BORNEO Co LAD, GLASGOW-Messrs. A. R. BROWN, MCFARLANE & Co. LTD.

For Particulars, apply to K. KATO,

Manager. No. 2, Pedder Street, Hongkong.

CURRENT ACCO UNITS oper ed and FIXED DEPOSITS received at rates to be ascertain- ed on application.

K. S. MARSHALL

Manager.

THE

VOKOHAMA SPECIE BANK. LRICTED

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

93

Boches 34% premTHERAPION Eng

the "Indemnity" settlement on 10,000 to 11,000 is the usual Army must take the Adans tone gissses, No German of Bul- 4ma. Fr2205

A Better-Equipped Army, they must follow the snowy moungarian soldiers will take part in Moreover, one must take into tain route on foot to Aleppo. The the expedition, but the Ger- Demand Germany... consideration that the Tarkish hardships and obstasies of the mans will equip the Turks and Demand, New York 46 14 marker would probably have:

army of to-day is not that desert of Senai are too well known furnish the artillery, and through TIT Bombay

specialists and officers will direct Demand Bombay furned weak, bat for re-stles of of a year ago. The young well to need describing again. T/T on London by local speculs drilled soldier are gone for ever, If the Turks fail to attack the the entire operations. Travellers Demand Calcatta 144 toes reported to have amounted to about £300,000. These re-sales and the present army is com- English before the end of Feb have seen hundreds of waggons Demand Mails

posed mostly of young boys of 17rary, in the month of March, the fall of soldiers going from the Demand Singapore 824 close practically all outstanding and 18, with no military traineual end-storms will begin, and Dardanelles to Constantinople to On Haiphong

On Saigon 3% prem. purchases the speculators beld and

The Kughth and French at the On Bangkok --- 79 14 our market closes with an incline-ing, and, men of matare age, from the much-advertised undertaking join the Egyptian army,

will have miscarried. 40 to 55.

start of the Turkish war, anderes Sovereign....10.25 tion 10 sewiness. The local stock

About three weeks ago, with imated the Ottoman military Gold Leaf per oz. 56 90 of Syose and Bar Silver at The Turkish army is inferior to much ceremony, three Turkish 36,891,000 Tis. 1,070,000

SUBSIDIARY COINS. lower than last week, bat Bar the armies that the Turks lost in divisions, about 30,000 men, left power, and now they are overes Bar Silvez per oz. of Silver arrived to-day, reported to the Gaucasus campaign and in Constantinople, and now I lean mating the so called Turkish

DISCOUNT PER $10 be over Tis. 1,000,000 in value, is Gallipoli, they are better armed, here, from authentic sources, that my which is only a mobof half

soces 16

However, while the quality of

3 million men: The gates of Con- since through the Danube Widin- they have already armed the stantinople are not to be resched not included in these figures. Reustchok-Sofia line, wagons of Taurus Mountains. Iam informed through the Straits of the Darda-Cut 10 The mock of Mexican Dollars munitions are activing every day. that all the soldiers are destined selles, bat by crowing the song 20 se proces $29.910,000 is $250,000 higher a December alone, out of 950 for Egypt, and are provided with purua Hountains, than last week

Home 10

15%

THE NEW PREACH REMEDY, NA MỢT MON

KLOOD POZSOal

2000.GO. HATERSTOCK RI, KAMPET CONCENTR 1 SEPOT:- IL BEN CASTIGLIONE ACUER HEY TORK DEPOT, I BEZKMAM RZ. 19OR VOOT PE BENDRAGIRĀKASTELIDO TOREOT TAT SOETALL

BLADDER INCIRAKT "SPENSES.

THERAPION

WORD "TRUTATION” 1-QU SEE THAT TRADE MARKER DIGI-BE-BEAMI SZYZENTRALL.COMNES PACKETS

THE ALEXANDRA CAFE Cannot be Beaten, if Equalled

30,000,000 20,000,000

Head Office-YOKOHAMA

and

for Bread, akes, Confectionary pod sacred, der fenc and meals with Wines & Liquors.

shrmined, em moglication.

Aganicha at

Berchrang

New York

Cenks

-Paking

Sam Vrabelece Shaighst

Tokyo.

TISHI ONO, Mana