1916-03-16 — Page 9

THE HONGKONG. TELEGRAPH, THURSDAY, MARCH 16, 1916..

HONGKONG SHARE REPORT

COMMERCIAL

A STARTLING SCHEME.

SHIPBUILDING ON THE CLYDE.

› SHANTUNG SILK..

Interesting London Court Case.

SSELLERS; SA-SALES; B.— BUYEES; N-NOMINAL

Shanghai-Sainatra Output.

The manager in Sumatra, of] the Shanghai Sumatra Co. states that the estimated cutpat of dry rubber for the month of February was 33,550 lbs.

Bank of Burma.

Water from Papua for Australia

Merchant Work Difficulties,

OFFICIAL. PRICES.

Banks.

At the Themes Police Court an reformers, crank persons with Melbourne, Feb. 4-Political

Glasgow, Feb. 3-Although, Oswall and Co., Ltd., commission February 1, Messrs. Strachan, grievances—imaginary and real, generally speaking, the men in and numerous others who have Clyde shipyards and engineering agents, St. Mary-are, ELC., plead Banks rohemes which will entirely re-shops are accepting the Governed guilty to sending shantung silk,

Marine InsuraACES. voiLdonise, write to Federalment scheme for the dilution of goods prohibited from being ar

b. Ministers amusing, interesting, labour as inevitable, they are doing parted from the United Kingdom, Cantons

to the West India Dock, without a North Chinas and remarkable letters; but one so, in some cases, with rather poor licence. Mr. Simpson proesent Uniars Bombay, February 15.The of the biggest proposals ever grace; and all the tact of the Bombay Creditors' Committee of the Bank of Burms (in liquida-fast been pat before the Minister charged with the responsibility of defendants described the ahar-Chins Fires

made, seriously or insanely has special commissioners who are ing behalf of the Commissioners Fangtazes

of Customs and Ercise, said tion) bave resolved to request the for External Affairs (Mr. Hugh seeing the system established is Official Liquidator not to sell the shon). If carried into effect, it required to prevent trouble. In a silk as dress material, and A. Firs abares of the British Barma Petill, in the opinion of the pro-several shops they have had pro They exported the shantung silk Douglases

the silk was used for seroplanes. roleum Company, and the Malls

poser, cause the Northern Temi-longed negotiation with the men, to the docks without a licence. Steamboats Oil Company held by the Bank tory to bud and bless as the and even yet they have not been On behalf of the defendants Hr. Indos (Com) in order that the same be distri rose.

able to bring about smoothness of Langton Ward said the case was Indos (Det.) bated to the creditore. With a

working. view to bring about a earlier

The idea was first expressed in There is much more behind the purely one of misadventure, due Indos (Pre) termination of the Equidation,

to a junior clerk. Three of the Shells a letter which was addressed difficulty, however, than merely the Committee will submit an to Mr. King O'Malley. The writer, the introduction of unskilled partners of the firm ware now Ferries application to the Rangoon Court for discharging petry creditore, he is a resident of Victoris, labour. There is still a good deal holding commissions in the Army, modestly mentions that he had of uneasiness among the men and they had no desire to trade by payment of a lamp dividend thought over his scheme for years, because of the working of the with the enemy. Mr. Cancellor Sagar The Committee entirely disap It might cost £8,000,000; but, Mositions of War Act, and there imposed a penalty of £20.

Two applications have been prove of the proposal for the settlement of the suit against the (though enormous, it would be has not been sufficient time for made in the case of an appeal Kadans auditors for misfeasance, at a small enm offered by them:

Dividend of 22) per cent.

ช

Luzors

·BANKS

BANK OF GANTON

TRIMEMMENT,

BANKS

(ONGYONG & SHANGHAI

HO

BANKING CORPORA

MON

HEAD OFFICE, HONGKONG Paid-up Capital $73,00€,000

FOREIGN EXCHANGE and General Banking Business Trane- acted.

CURRENT ACCOUNTS open-

RESERVE FUNDS:

Stacking

£1,500,000 at 2-

-$13,000,000

Silver $18,000,000

ed and FIXED DEPOSITS Re-Reserve Liability of ecived.

INTEREST ON FIXED

DEPOSITS:

For 6 Months 4% per annum For 12 Months 41% per annum

LOOK POON SHAN,

$33,000,000

Proprietors$15,000,000

COURT OF DIRECTORS.

W. 2. Fastendes Ing.-CAN.

5. 5. Docterell, Sag Depay bakka.

G.I. Makina, Xog

C.“, Gabbay Bág.

Hon. rr. Hayat

Esa, Mr. Lamiak

Hou, X. Sellin

CY XANLCER Bong-kong-, J. Verbh, Esq.

XANACKS

Shanghai--s, G. Stephen, Esq. London Banker London County ad

T'estminster, Limited.

Hougtong-terest Allowed »

{* enjo

$*$5

ML.

$199 1.132 $975 $260

Fire Lasurances.

For 3 Months 3% per annum

1. & Plomont, Ins

b

Ва

$162 $415

Shipping.

$135

- $179

$139

$47

9$/

$59

TRE

Refineries.

$148 $43

Mining.

b.

SOL-

b.

St

b.

36/-

b.

35/-

by Mere Mitchell, Cotts and Banks Co., against an interlocutory Tropos order of Mr. Justice. Bailbachs. Urals The action has reference to s dispute relating to a contract for. Wharres

Docks, Wharves, Godowns, &c, the sale and purchase of a Japan Docks, Old plaintiff, stated that negotia Stad Docks ese steamer. M. Wright, for Docks, New

grand. He seks that the Minister the amended Act to prove that it will in return give him the posi- is more favourable to labour than tion of Federal Government was the original measure. Than Geologist, so that he may devote there is also the question of being the rest of his daya to this ing back artisans from active ser Mr. O'Valley, vice to their old places in the yards great idea" The directors of the Globe Ship whose love for "big things" is and engine-shope. The trade ping Company, Ltd., in present well known, apparently felt that unioniste do not know the position ing the first report and statement this was too great a proposition which these men are to occupy in of accounts for the period frem for him to tackle; so he passed it relation to trade unionism, andtions had been proceeding be! Jan. 11, 1915, to Dec. 31, 1915, on to "Brother" Mahon, with this they hold that if soldier artisans of the vessel in question and the tween the Japanese Owners state that the accounts show a notere this scheme. I know are to be ander military law while profit on trading of 24,103 43 this mas. He is a man of brains, they are at their old work they there was every hope of a settle plaintifs, and that it appeared that ild., and, after paying interest, As you are aware, the earth can will be a menace to their comment being arrived at. That hope directors' fees, ard incidental ex

What do you think of it? enlisted. me.

had been come to. But as com

penses, writing of the whole of/20t produce anything too big for rades who have not, or cannot be, had been confirmed, and it was the preliminary expenses and Something like this, Brother This is a phase of the dilation thought that satisfactory terms underwriting commission, and placing $10,000, to reserve for and enshrire your name among are very suspicious, and, so fermanication with Japan was very! Mahon, will make you historical, of labour regarding which they

słownowadays,further postponS- contingencies and £3,500 to the immortale." "Brother"Mahon no public intimation has been *reserve for depreciation, scanned the proposal, and in turn made by the authorities as to how ment to 14th inet. was asked for and granted. The defendants are there remains a balance of

passed it on to the Prese, feeling the soldier-artisans would be re-

Salter and others himself quite incapable of grasp quired to act in the event of] ing the immensity of the scheme, labour difficulties arising.

to the next account.

Colonial WooL

Pacific.

CE

matter

E'kew Wharv

Hiphreys Est. Kloon Lands S'bad Land

$70

$99

Chief Manager

NOTICES.

PROVIDENT

CERINA

LOAN AND MORTGAGE

CO. LTD.

(Capiral Faid up.........$1,250,000)

Loans on Mortgage of House Property, &c Goods received vi Sounge, Adranoes, made of Merchandise. Loans made as the Providenz system. (Bates and Particulars on application).

The face of ESTES, AXELTOR OF WILLS, ATTORNEYS, Interaken and Erected

SHEWAN, TOMES & Co

General Managers:

NOTICE

PEAK TRAMWAY CO

LIMITED.

TIME TABLE.

WEEK DAYS,

ETS TIME

$,000

b.

B

$1093

b.

b.

$104 £56+

L. 95

Lands, Hotels and Buildings.

$112 angle F. Lands A Hotels

Land Invest.

:.94

3

$104

b.

369

$571

SOLDT ALJE, DO ILOG AUN

b

107

West Points Centrals

Ewas King Tire Lan K. Mows S'hai Cottons Tangtszepoos

SЯ

$87

INS Pole ko

息

135 MM. TO

Cotton Mills.

$150

b:

$14

Ba

t. 93

Sa

£1

Borens

Miscellaneous.

b.

300 VEL. 10

$10

$4,60

$9.50

$82

b.

$10,20 $14

$180 $3914

HK Eectrics H. K. Ice Co., Ropes Trams, Low Level b

$6 Trams, Peak, old Be

$10 Trams, Peak, new b. cents .85 how Langkats

b.

138

Watsons

Besides, the condition of the W Powells local steel market is such that Morning Posts builders can scarcely undertake

b.

$4

$34

b.

$15)

$5)

16, 1916.

EXCHANGE.

SELLING.

£8,145 12. Id., from which has to be deducted the amount of the interim dividend paid July 1, In short, the proposal is to bring The Clyde District Committee 1915, £1.237 10., leaving at dis-water from Papus to the Northern of the Federation of Engineering Well-known U. S.-Transport for posal £4 908 28. 1d. The directors Territory by means of huge mains and Shipbuilding Trade hare re recommend a final dividend of 15 to be laid under the sea. The ceived from the Government Com

New York, March 8.-The U. China Light &P. per cent., making 22 per cent writer goes into minute calcul-mittee on Production an under- S. transport Baford is loading Dairy Farms

Providents for the year, which will absorb ations concerning gravitation, taking that a sitting of the ordnance supplies for the Philip Green Islands the sum of £4,500, and leave surveys, etc. He says among other committee will be held in Glas-pines at this port. The Baford $408 28.1d. to be carried forward things that it is manifest that the gow to consider the question will probably remain in the trans- problem of settlement and pro- of ân advance of wages Pacifie service after her arrival

local engineering trades.in Manila. gress of the Northern Territory in

cald be solved if a continuous Up to the time of writing, how-j supply of fresh water were per ever, the date of the sitting has London (Wool Excharge), Feb. manently laid cn, and conveyed to not been fixed, and the District 4-There was an exceedingly a suitable area in the interior of the Committee, becoming impatient, denied, strong demand for all good wools Continent. On this spot would have telegraphed to Sir George circumstantial they may be, and Ppine Tobacc at the sale to-day at Srm prices, grow up & ficurishing ceatre, Askwith asking that something the result is that no one knows Laundries but the weakness mentioned yes which would serve as a connect definite should be done in the exactly how many of them are. Waterboats tarday among medium wastying link between north and south, matter. varieties was again noticeable, He thinks the scheme quite a The committee acting on be and 5 per cent. below the best feasible one, though gigantic, and half of the engineers, boiler point touched was often accepted by making certain concessions to makers, machine workers, brass for this class of wool Catalogues American investors and engineer founders, brass moulders, copper new merchant work on any de CORRECTED TO NOON MONDAY MAR, of 8000 bales contained over 3000 it could be effectively carried out. amiths, wood-cutting machinists, finite basis of delivery or price. balen of West Australian clip, and a vast anwatered territory poe instromens makers, electrical There is no decrease in the dem WRIGHT & HORNBY it was among the medium and seesing good soil and undeveloped engineers, sheet metal workers, and for high-female steel bars for Share and General Brokers, poor qualities from this province mineral wealth was waiting just blacksmiths

and general shell-making, or for light plates 6. Des Voeux Road Central,

Tel address, Rectitude. that the easy tendency prevailed. euch a permanent water supply. labourer, lodged with the North for naval shipbuildings, while Good fires, however, were quickly He had computed that the West Engineering Trades E-prices of all kinds of material re- disposed of to the home trade at Parari River discharges a volume ployers' Association a demand main high. Ship plates are about 1. 78. to le. 9d for the best approximately equal to 12,000 for an advance of 24. per hour. $12 103. per ton, boiler plates £13 flocks, while the mark "J.N.T. million gallons daily, sumcient to The advance having been re- 10s, sagles £13, bare £17 10s., Pingelly" realised up to 1a 10d.make in 24 hours a lake 8 miles fused, the committee appealed to and joists £14 to £15.

T/T

1/11 4 Crossbreds from this district were by 1 mile, 12 feet deep, These the Government Committee on

In these circumstances, the Demand disposed of up to Is. 9d. Russian watera

1/11 7/16 would come from an Production, but the point of placing of new tonnage is a mat-130 dis

1/11 14 representatives bid freely for the "altertüde" of from 8,000 to interest at present is whether the ter in which speculation plays a 50 dis

1/11 limited supply of scared merinoe, 10,000 feet above sea level. The application comes within the leading part, as neither owners £ m/s

1/11/11/16- and paid up to 36. per Ib. for the waters of the Farari could be im scope of the pronouncement by nor builders can say what condi-T/T Shanghai... 722560 Queensland "E Jowett, Ber- pounded at an "alterinde" the Government to the effect that tions may prevail during the T/T Singapore rimpa"; 38. for "Mount Marlow” necessary for gravitation and by there should be no more "general" construction of a vessel, or when Japan

92 14 and 24. lid. for "Barenya"; means of a series of great mains advances of wages during the vessel has been completed.

T/T Indis..................... 145 the home trade being eager would be allowed to gravitate into period of the war, If it does, it

The steamer Lady Patricia, T/T San Fco &NY 45% Demand India....... 145 1⁄4 purchasers of the seconds in the Territory via Torres Strait and must necessarily be ruled out, which the Ardrcesan Dry Dock I/T Jars

Some esch flock

Adelaidea Carpentaria "The mains acrore apart altogether from the merita and Shipbuilding Company Ltd., T/T Marks. marked "G.U.H." made 2a. 10d., the Straite would be composed of of the case or the arguments have launched for the British T/T Francs and grease merino from Sydney strong flexibla armoured material which might be brought forward, and Irish Steam Packet Company, Demand Paris marked Yamaldool" realised la. laid on the bottom. The depth There is considerable satisfac Ltd., Dublin, and which is now 9 for the best lots. Crossbred was shallow, sa there was an al- tion in the districe over the Gov-being engined at Greencek by 4 ms. LC- wool shows as fina front as at most continuous chain of islands erament's recommendation în Messrs. John G. Kincaid and Co. 4 m/s. DIP any time during the series, and and shoals to the mainland. The favour of the cutting down of Ltd., is the largest Teasel yet 6m's, L/C continues to be readily absorbed pressure on the mains would be, Sanday labour to a minimum. It built at Ardrossan. She is 248 30 d/s Srey & M-2-3 for Yorkshire at high figurce, therefore, insignificant. The has been realised for some time ft, in length, 38 ft. in breadth, 30 d/s San Fco & N.. 47 38 in the case of sliped lambs when only a little more than three and gained by the continuous seven-tone gross, and she will be fitted 6 m/s. France........91 Another record was resched to-day distance was roughly 1400 miles, back that very little was being 15 ft. 7 in. in depth, and of 1250 4 m/s. Marks. Nom

4 m/s. Francs .......................2:36 *the mak “WFM. Taratahi” a half times the length of the day week. Indeed, some ship with electric light and refrigers Demand Germany.

made 2. 541. The "BWL Gore" Kalgoorlie Water Supply. The builders have asserted firmly that ting machinery. zoulised 28, 38.. “CMCǝL” 28. writer deals at length with pre- less work was being done than in

The Ardrossan Dry Dock and TT Bombay

Demand, New York 46 34 4d, and "C.F.M." 2a. 5d. A few liminaries, such as surveys sad ordinary six-day weeks in normal Shipbuilding Company, Ltd., are Demand Bombay 145 14 scoured New Zealands made 28. soundings, and goes on to say times, so that the complete stop making extensive alterations at T/T Calcatta 8d. and among the limited supply that the big Los Angeles scheme page of Sunday work would be their works. They have erected Demand Calcutta...145 14 of grease the mark"F.F., Ben-requiring syphoning over high welcomed in practically all the now platera' sheds, installed, new Demand Manila - 9314. more" made la. 1d. and "FL" mountains, bat had proved yards.

rolls, punching, planing, flanging. On Haiphong 334% prem

Demand Singapore 83 In 10d. Western Cape grease bad entirely successful,

It is stated that all the causats and joggling machines, and they On Saigon --- 3 good sale op to le. 41. per lb.. The list of arrivals &r the second Conclading, he says the scheme Bunourced recently for Clyde have taken in a considerable on Bangkok - - 29 sexies of sales having reached the should ezrest the attention of shipyards have not really been ares of additional ground, with Soverei 10.20 prescribed limit yesterday, the Australian politicians, financiers, least one yard the orders men this ground they have erected Bar Silver per oz. 27 1/16

placed, and that in the case of at

sea frontage. On Gold Leaf per oz. 56 80 it was closed. The new arrivals and scientists. He declares him- tioned are not being placed at Carpenters and joinen" shops and 180.500 bales, and, deduct self to be a mining engineer all. But at present no one outside apar-making and bost-builders 93,000, which have been for-and practical geologist trained the inner circles of shipbuilding sheds. As they have, in addition, arded direct to manufacturing at the South Australian Uoi rally knows anything about the dry dock 310 ft, in length, and trom, the available quantity is versity and School of Mines, amount of new work which slipway 160 ft, in length, their

halee, to which will be with 29 years experience in being discussed or ordered. There works are now of most complete hi nt withdrawn or the interior of this continent,*** sre plenty of rumours, but thews and up-to-date character

want series. Sydney Evening News.

sie never either confirmed or Lloyd's List,

Irge

110

Nom 2.75 2.75 16

BUYING.

% prem

SUBSIDIARY COINS.

$100:

DISCOUNT PER Chinese... zu eta. pieces ..16 12%

Hongkong 20 cts, pieces Hongkong 10-

"

-

·

*

-

10 M

= Mar

ve Munte.

200g th

tri

* Max.

30 Mar

Bay Pala NIGHT CARE 136 PM, 252 4 PEL, DIG TIL, KI

So 23% to 21.45, 76

SLOO TÀNG «vacy half-m

ETKY QUADer of an hour's SUNDAYS

TRAD AIM, Brass 15 MIN.

TEJŠÍ AOL, TO 22.00 SO zwoo' Neqat to 1:00 P

1.00 230 to

5.00

NIGHT CARS ** *

SATURDAYS

Max

IS. MIL

MEN

to Max.

H

*****

Work Days

Extra-Car st ja midaight.

PECIAL CARS

By Arzangenset at the Company's Ulica, Almanaka_Buddies

Due To Bood, Casual,

*Scor zač pench 'tickets available for all c30- Est already full, yunang at the time stated in the Company's car cibles, bat ziet for special cars can Ive obrusaved, can application Mp the Company's fea

Sor sichst will be imped unit. permeat chec farbas 2 een zunde în Bank Notes of De Chequeter Compratore order regrescasing Bank Koste

JORS D. HUMPHREYS & SE

*

MITSUBISHI GOSHI

KWAISHA.

(MITSUBISHI COJ

COAL DEPARTMENT,

SOLE PROPRIETORS OF TAKASINA. OCHI, MUTAKE, YOSHI- NOTANI, NAMAZUTA, SAYO.SHINNEW, BIKAI and KAMIYAMADA Collieries.

AGENTS FOR SAKITO AND OYUBARI COALS,

HEAD OFFICE

MARUNOU-

CHI. TOKYO. :

BRANCH OFFICES -NAGASAKL

On Current Account as the race of 2 per cenu PET antum on the cally balance

For

ON FILED DEPOŠTOMS, the 2 per cent, yer For month, 34 per cent, pET BEERSEL For mouths, 4 per cent. par annak, N. J. STABB.

Chief ManssoR.

HONGKONG SAVINGS BANK. TEX Fusiness of the aleve Bank is contred by ANGRONG AND SHANGSAT BAXELA

ORPORATION

Rules y be obtained on application. INTEREST og deposit is allowed on the mi La monthly balances at thì per cent, D

Depositors mar af, at their opcion,

of $50 or more to the Hongkong word "Shangh Back to piaced on YIXED DEPOSIin at 4 per

cent per apa.

For the Hoogkong and Shanghai Banking Corpo

zion,

N.J.STABB,

Chief Manager.

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London..

Authorised Capital ............ 24,500,000 Subscribed

1,195,00€

Paid Up Beserve Fund

veg dig

562,500 500,000

RANKENST The Bank of England, The London baiter stacke Bank Limited

BRANCHE: Bombay

Kamchi Kota Bha Kazia us PGA

Calcana Caleb

"

Delhi Cave

Perso Rangoon

hanghai

Singapore

HoogLOGY Bowzab

Kandy

FONGKONG BRANCH.

Every description of Banking and Kesbang business tmasKAMOČ,

Lazeres allowed en Current Access 22320ne peranenia, on Daily Balancen, and sa Fized Depos a moes which may be ascertained on appijentom.

C. CHAMPKIN,

Acting Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Incorporated by Boyal Charter 25

BEAD OFFICE-LONDON.“

Paid-ca Capital

Base Food

Reserve beaty of Propis501,200.COM

FOREGN EXCHANGE and Cén

£1,100,000

Zoking

banaca bacter CURZEST ACCOUNTS opened and FacED DEPO-ITS received for 1 year or shorter perioda, at rates which will be quoted ja applications.

Wm. DICKSON,

Manager. Hongkong, 11th April, 1912.

INTERNATIOFAL BANKING

CORPORATION

HEAD OFFICE:

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

BRANCH S

BOMBAY CALCUTTA CANTON. CEBULA COLON.

LONDON. MANILA. PANAMA

PEKING. At SAN FCISCO. SHANGHALAN

→ YOKOHAMA

MOJ KARĀTSU, WAKAMATST. HANKOW, OTARU, MUROBAN, HAKODATE HONGKONG. SINGAPORE KOBE, OSAKA, KURE, TOKYOYOKO KOBE.. HAMA, SAGÖYA TSURUGA. LON DOX.SHANGHAL HONG KONG, HAN

KOW, PEKING and CANTON. Cable Address for above:

"IWASAKI,"

Coċes: Al, A.B.C. 5th Ed., West- ern Union. AGENCIES

CAPITAL PAID-UP $3.250.000 RESERVE FUNDS.............. 4,210,000

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

CHIN KLANG-Messrs. GEAR- ING & Co., MANILA-Messrs

CURRENT ACCOUNTS open- MACONDRAY & Co., SINGA.1 and FIXED PORE Messrs. BORNEO Co received at retes to be ascertain- DEPOSITS LED, GLASGOW-Meesrs. A Red on application." BROWN, MCFARLANE & Co., LTD.

For Particulara, apply to-

K. KATO,

Manager,

N.S, MARSHALL

Manager.

THEKAY

No. 2, Pedder Street, Hongkong YOKOHAMA SPECIE BANK,

MARTIN'S

APIOL & STEEL Säcka PILLS

She of day Langsacity at the tyran 1. Melnky dom may be pluginfonen. Denn who

KOREA PRAL ALL Canadens and Doorns cellsban SYNTE, Chemer, Southampton, K.

"MARTIN'S

APIOLES

STEEL SLOPILIS

THE ALEXANDRA CAFE

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000

Paid-up Capital Reserve Fund

鲜

30,000,000

20,400,000

Flasd OfficeYOKOHAME.

Benches Antong-Hsian Bombay Calcathe..

Dziren

and

Drow Lock

Hasciatu

Lados

Sydney

Latest allowed at Carzam

Cannot be Beaten, if Equalde akting on meginland

for Bread, Cakes, Confectioneer

Pricing Ryan (Pod Artber Sea Franchçe Shangha

TISHT ONO, Manager.

and meals with Wines & Liquery Hongkong, Tith March, 1916.