1916-08-14 — Page 9

COMMERCIAL

Commercial and Produce Markets.

London, July 11.-The Bank -rate remains unchanged at 5 par] sent. The Open market rate for short loana is 41 per cent. and discount of four months' Bank billa 5 per cent. The Silver

OUR NAVY.

N

THE HONGKONG TELEGRAPH, MONDAY, AUGUST 14, 1916.

some time, repaired to the CADORNA'S SWIFT BLOW HONGKONG SHARE smallest particular and are ready

for men.

**Bat apart from this, the fact

A VISIT TO THE SHIPYARDS. is that many of our Frasela Surprise That led to the Retak

Admiral's Remarks on the Jutland Battle,

sustained damage of. such a 'vital' character that there waS nothing to prevent them going to sea weeks ago!

in

ing of Asiago,

General

REPORT

S-SELLERS; SA-BALES; B

BUYERS; N-NOMINAL-

OFFICIAL PRICES.

BANKS,

$5

Milan, June 27.-Authentic "Now it seems that the Ger- details of the precipitate Austrian mans declare that their firet was retreat from the threshold of the aggressor from beginning to Italy along the market has conticued apathetic, pondent of Reuter's Agency his ask why, if they were the valleys (i..., along a line of about London, July 23.-A corres: end. In reply to this I would only between the Area and Sagans

whole frontBanks "

b. x. d. $740. MARINE INSURANCES. and the price of bars has receded been permitted to visit a number aggressors, did they turn away? 30 miles, stretching through North Chinas to 2813. per os. The Bubber of monition centres, shipbuilding Why did they throw out smoke Italian territory from the frontier Unions

Cantons Share market bus been quiet but areas, and naval bases in Great screens to conceal their retreat? went of Arsiero to the frontier Yangtszes firi.

Arrangements are under Britain. He writes of his trip as That does not, somehow, look as north-east of Asiago) are DOW stood to have been perfected for follows:- the disposal of the commercial

FIRE INSURANCES. though they were the aggressors. beginning to come through from China Fires and savings departments of the

Then they declare they did not the noted war correspondents of H.K. Fires "What I witnessed was avoid

b. San Francisco-branch of the In-revelation even to those

battle after Jellicoe's the Corriere della Sera Luigi

b. ternational Banking Corporation realise that the words Britain is ridionlous. They steamed away Wiring from Viceoz, they all in Douglases

who battle-feet appeared. This is 100 Barzini and Arnalda Fraccaroli. Į to the Anglo and London-Paris prepared' were something more as soon as we appeared on the the picture already boldly out. National Bank. The directors of than a mère phrase, and one wat scene. The ship that I fired on lized the Eastern Extension Australasia able to learn something of the turned tail and fled for all she dispatches. and China Telegraph Company, gigantic work in which the people was worth; others did the same. Ltd., have declared an interim of these islande, are engaged on In the next piece" the Germans dividend for the quarter

It was one o'clock in the morn. to behalf of the Allied cause. March 31 of 39.

atste that the British fleet lost ing when the first signs of the per share.

“I first visited a shipbuilding contact with itself. We never enemy's retreat became uzmie The meeting has been beld of the Bukit Mertajam Rubyard characteristic of many others lost contact at all. I suppose takable. The position was an ber Company The China Tes in the British Isles. One wonder they can only mean that certain follows:-- market is goist, with little busied at the suggestions that had parte of the flest may have en- been made in certain quartera gaged in some particular pieces of nees pausing: Coffee has been in that England is not fully alive work of their own.

On the extreme Italiso_right Langkats slow demand, but prices show no

fank the Alpini had osptured by quotable.change. In Sugar a

to the necessities of building not ***Regarding the latest German assault the formidable height of

Tronohs good demand has prevailed at only warrhips but also ships of concoction about our losses, in Cims Isidoro (on the frontier For a whole morning view of the fact that you yoursell north of Asiagol, facing the full rates. Peppers are a week commerca.

we steamed along 4 river, have seen the Warspite, you know Sugaus. Valley, together with a market, and little bueiress has which at this period of the their assertion that the British battery of Austriso big guns. Os H. K. Wharves b. 'been done, Rice is quiet at pra- vious rates. Mapila Hemp has

normal times

is lost one dreadnought of the Queen this advanced etronghold, with Kowloon Docks b. ruled quiet, bat prices show no given over entirely to boli-Elisabeth class is wholly untrue, tremendoos concentration of men H'kew Wharves n. material change. Plantation day-making. I witnessed scenes sa is also the assertion that we and artillery, the Italiana pro- Rubber has been rather firmer, unique even in the annals of this lost a vessel of the Creasy class, ceeded to pivot all the operatione Standard Crepe being quoted only were all the stocks on both destroyers. We lost no ship of tion thereby afforded enabled

famous shipbuilding centre. Not two small araisers, and thirteen in this sector, sɔ that the 44d. and Smoked Sheet 28. sid. per lb. Fine

Hard backs of the river occupied with the Creasy class, no small cruisers, them, late on Saturday night, to Para is now 2. 98. per lb. Straits vessels ranging from patrol boats and, as has been already stated, smash through the Austrian Tin is £170 to £170 104, for cash, to battle-cruisers, bus wherever we lost nine destroyere. This is defences of Mandrielle in a direct and £170 10. to £171 for threepace permitted fresh stocks had not thirteen.

line southwards, at the head of month.

the Campomalo Valley,

Manchester Goods.

contracts.

year in

I

Raubs

Urals

$821

RN BANKS. S BANKS

BANK OF CANTON

LIMITED.

HONGKONG & SHANGE I

"་

BANKING CORPORA

TION,

HEAD OFFICE HONGKONG Paid-up Capital.....$15,000,000

FOREIGN EXCHANGE and General Banking Business Trans- asted,

CURRENT ACCOUNTS open- ed and FIXED DEPOSITS Re- esived.

INTEREST ON FIXED

DEPOSITS:

For 3 Months 3% per annum→

For 6 Months 4% per annum

For 12 Months 41% per annum

LOOK POON SHAN;

Chief Managei

NOTICES,

NOTICE

PEAK TRAMWAY CO

LIMITED

TIME TABLE.

NIGHT CAK.S«

* MAN,

שי

:

11.

$395

Л.

П..

t. 135 $920 D. $ 260 ex 78

$ 154 $385

SHIPPING.

Cadona's

Steamboats Indos (Def.) Indos (Pref.) Shells Ferries

F.

b. & na: $1331 $2234 *8. x. d. $127) b. x d: $46 b.

103/

REFINERIES.

Sugars

$114

Malabons

5.

~ $40

MINING

Kailans

11.

SA. bi

BU-

t. 261

$2,50

30/-

1.00 $.1

a.

34/

DOCKS, WHARVES, GODOWNS, &C.

WEEK DAYS.

LOL. Every 15. MJM, tope an.

to Mu SELOC LE, LO 13.30 -0. to (20) 14.

4. P.M.

+1

Kj M

45 PM

15 Kam

3.3% TIME

k by Ku

DC

Je rim.

Je Men."

$125 t. 68 t. 841

LANDS, HOTELS AND BUILDINGS.

7,40

1.

$100

n. r. d. $115

te

5:00 2: 4.00 1.

"

15 Man

in Man.

1,00 FJ: 10

3.00 1.2.

Is Men

Hiphreys Est. 'loon Lands Shai Lands West Points -

$100 $6.75

14 My

11.

n.

I.

$38

t. 93

$88

COTTON MILLS.

Ewos Kung Yiks

b.

t. 142A

b.

t. 13

S'hai Cottons Yangtszepoos

b.

b.

t. 93 t. 41

MISCELLANEOUS.

Borneo's

S.

$82

- $4.00

b.

8.70

A.

- 811

b,

$9,60

b.

$5036

n.

$160

$345

$7,35

$9.60

proteo-

Sbai Docks

Centrals

H. K. Hotels Land invest

Laundries

Waisons

Wm. Powells

b.

#31

101

b.

$612

b.

$6.85

| Morning Posta-b.

$29:

́CORRECTED ́YD ́NOON"MONDAY" AUGUST 14, 1516.

Tel, address: Broker.

EXCHANGE.

SELLING.

bean erected, until the whole "All the German attempts to section of the waterway was lined deceive the world are fatile. |with vessels of varying sizes, some would only ask the German "vio- Peril to Enemy's Line,

only showing their giant ribs, tore" two questions: Did their while others were ready to take fleet wait for us, or did we do This terrible blow at once im- Messrs. James F. Hutton and the water. There was coly a few our atmost to eat them off from perilled the whole system of the Co., Ltd., report (July 11) that the feet of space between each of their bass? The German plan is enemy positions on the east, and feature of the market last week these vessels..

not to come out en blos to fight; when at the first blush of dawn Wae in unexpectedly "baarish":

Here and there one passed they may catch some of our the Italian infantry swept down China Light & P‚b‚© bureau report on condition and monitor destroyers of enormous cruisere occasionally; they may the encircling heights upon Castel screage. The area planted with speed, ranged in lines of half a possibly indulge in isolated Gumberto and Monte Fiars and Providents cotton shows an increase of over score; submarines completed or attempts to bombard open ports moved forward in concentric Green Islands

Dairy Farms 12 per osat. on last year, and under construction in series; and kill non-combatants, formation from Bosco, from the H.K. Electrics according to the returne there is vessels of mysterious build with bot the public does an increase in every State. The their balls bidden by canvas know how often they have come the Vecchia and the Miels and Ropes

not valleys of the Trepali, Obezal, H.K. Ice Co., Manchester market was very creens; great Atlantic liners; out in force and that the moment from Sbarbatal, the Austrian Trams, Low Level b. quiet, bayers preferring to wait patrol-boats and other small craft they are seen they turn back. regiments found developments before entering into in cores; mammoth werships of They know quite well what would almost entirely surrounded, with Trams, Peak, new h. cents.80

themselves Trams, Peak, old b. Cloth prices, in spite dimensions, speed, and gan happen if they did not steam cff. no hope save in a headlong. Waterboats b of the decline in cotton, are on power that must not even be Evidences of the dieorganisation flight, abandoning all stores the whole no cheaper. and this hinted at. Not only are these that has set in among them were and munitions behind them. farther adds to the difficulty. An vessels being finished in numbers quite clear."

In the ensning 24 hours the occasional live of shirtings or bitherto unheard of, but they are. In one of the vowola I visited

whole enemy defence of this wheelings for China is mentioned, proceeding at a rate of construct. continues Reuter's correspondent, region had collapsed, like a house but there is nothing approaching ion about double that considered "there was banging on the walls of cards, and the Italians were s normal demand. Messrs. Robert possible in the psat.

cat-o'-nine taile from the Magde- orce more in possession of all the Barbour and Brother, Ltd.,! On acolher occasion I was barg. "This,' said the present barnt and ruined towns and BENJAMIN & POTTS. write in their monthly privileged to see most of the ships possessor, is characteristic. The villages. market report:-The series of sea that were damaged in the great Germans drive, while we lead."

Share and General Brokers. estions with which the math of naval battle Jutland. Every **In the workshops I visited it

Princes Building. Jane opened cast all events in this one of these has been repaired, was amu z`ng to see the ceaseless Meantime, the Italian left flank. market for the time being into and in every respect is as good as activity prevailing in all depart against the enemy, which sec continued its heary pressure insignificance. Burineer was the day the vessels met the Ger-ments. There was no question of tally bottled up the Asiaga rather of a half-hearted character. man fleet. In the middle of the men and women clamouring for Bellow, while 700 or 800 gune of Though inquiry was not wanting waterway was the mammoth War- holidays, but all were toiling every calibre, massed fanwise st it was seldom well backed up by epite, which the Germine claim- night and day for the common the entry of Astico Valley, sub

Generally ed to have sunk. She was not cause. speaking it was the smaller mara whit the worse for the damage "In one shipyard I was inform-jected the region north of Asiago T/T kets which showed to tatter ad sustained and was ready for the ed that one ships week is being completed its three days and 30 dis.....

to & frightfal tempest of fire, and Demand

2/1 56 vantage than the larger catlete, ses at any moment. Her officers banded over to the Government,

2/14 "China, in spite of the later more speak proudly of how she return-

three nights ircereant bombard. 60 d/s. *Subsequently I made vieïte to

4 m/s.......

*2/1 13/16 rentaaring news following the ed from the battle at a speed of the munitions works in one of the ment of-Monte Cengio (two miles

TIT Shanghai. 72 death of the President Yes 21 knote, and how a few days enormous areas hitherto, devoted east of Aralero).

T/T Singapore ..............

91 34 Shib-k'ai, was not mach in later she was once more ready for to the manufacture of peaceful,

T/T Japan...

100 14 evidence, bat here and action.

domestic machinery. Here were

C/T India ........... 158. 14. there unimportant operations "As showing the remarkable seen many thousands of women

Demand, India ...... 15% 34 took place. For the minor speeding-up of the work which and girls who a bief while 60 day morning the enemy began to

Towards three o'clock on Sun-T/T`San Francis-1

50 4 outlets there was a moderate mis has taken

co & New Yorkf place in all di- knew nothing of machinery and cellanons trade bat a general feel rections, it may be permissible shells, tending machines manye bad alone been able to feast IT Marks.....

quit this lofty peak; wherefrom T/T Java...

122 34 ingofcaution and restraint seemed here to

...Nom. SAY that within a of which were only invented dur-

T/T Francs....

2.99 12 diffceed all round. In the Spinners' couple of hours of her aring the last few months. These bis eyes upon the distant much-

Demand, Paris 3.00 wages dispute Sir G. Ackwith's rival the damaged Warepite are now turning out a prodigione desired Venetian plains,

BUYING. award of 5 per cent, the advance safely in dry dock, having her number of shells, and are now. to remain in operation for the rest bottom plates examined in a only at the beginning of their of the year, was received with very great graving-dock that was not effort.". kad grace by the operatives.. An due to be completed, until this event of far reaching and time next year. momentous import was the "While aboard Economic Conference of Allies in the great battleships which tion and uses of vegetable dyes Paris. In Goods, demand has had. been in the Jutland in the Province of Szechuan, it in

Sun:ise on Monday witnessed been sluggish and the aggregate fighs, Heater's correspondent notified that the samples of the wondrous and novel right in turnover disappointing. We quote showed the Admiral the latest dyed therein referred to have mountain warfare. The Italiane, Demand, Germany.. Mediam Chins, 16 y 158b, German sccount of the Jutland now been received at the Com for the first time, hurled their Demand, New York. 50 5% Be. 10d.; 19 by 19, lab, 12; fight. The assertions made in this mercial Intelligence Branch of magnificent squadrons of cavalry T/T Bombay .......... ordinary Caloutta quality, 36 semi-official German inches 58 yard, 16 by 14,81, 3d.: cinsed much. amusement among Loting British Consal-General in Asiago, down all valleys towarde T/T Calcutta

version the Board of Trade from the across the burning debris of Demand, Bombay... 15834 best quality 9. P.inters 32 the officers. The Admiral read Szechuan (Mr. J. Langford Smith). Rodighieri and Campoverde (N. Demand, Calcutta... 158 inches 116 yards 116 or the whole account carefully, and The samples comprise the follow of Asiago), amiting the rearguarde Demand, Manile. dinary quality 21

then said that the whole version ing dyes:-Bed.-Lithosperman of the fleeing foe and holding Demand, Singapore. 913 75 yards 19 by 22 Cheshire ke

officinale, L., Rabis Cordifolia, them in check till the oncoming On Saigon.... 246, 6d. In Tarns the inquiry 20Bo odded :—

On Haiphong As to whether the British L; and Carthamus tinctorius, L. Italian infantry completed the been small and there is nothin special to report. In the Livar Harmanpolated, the (Saffwer), Yellow, Onreams slaughter.

On Bangkok it wag to longs, L. (Turmerio); Sophors

Sovereign

practicable

offer.

pool Cotton Market, after the firm

of сде

Vegetable Dyes in Szechuan. With reference to the produc-

The Unattainable.

Only one way of retreat re- mained open for him, through the narrow gorge of the Ases in the direction of Asiago, to protect which the Austrian centre held out till evening.

4ms. L/CON 4 m/s. DiP. 6 m's. L/C

2/14 2/1 9/16

- 2/25/16 2/2 7/16 30 d/s. Sydney &)

2/2 9/16 2/29/16 Melbourne..! 30 die. San Franc-1 isco& New York). 4 m/s, Marke Nom 6 r. Franca.......3.17 14 4 m/s Francs ......3.12 14

51.4

10034

(41.00 VIN: every bail doar

11.00 7.M. ES TRAS FM. Avary quarter of an hour. SUNDAYS.

EDIJO AM, To

20.30 AM. Event 19 MR. 11.00 AM.

25.00 NOO 11.00 Rowm ke xv00 PM.

100 1.8, to 1. F.M.

NIGHT CARS a cn Ward Dar.

SATURDAYS

Extra Carol to midnight-

EPECIAL CARS.

By Arnagement at the Company's Offica

Du TpenScot, Central.

"Season and punch 'uckets available for all Lars et already fufi, rantingut the time starat in the Company's time tables, bl not for special cars on be obtained as application at the Compary's Office No Senson ticket will be issued until payment are for has been made in Bank Kouis or by Chaque Compradore order representing Bank Acima

JOHN D. HUM PEREYS & CO.

THE CHINA PROVIDENT LOAN AND MORTGAGE

CO., LTD.

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

Los on Mortgage of.iose Property &c. Goods received on Storage,

Advances made on Merchandise. Loans made on the Provident Eyalem. (Rates and Particulars on application)

The Office of TRUSTEE EXECUTOR OF WILLS, ATTORNEY. &c., Undertakes and Executed

SHEWAN, TOMES & Co., General Managere.

MITSUBISHI GOSHI. KWAISHA.

(MITSUBISHI GO.)

COAL DEPARTMENT,

SOLE PROPRIETORS OF

TAKASIMA. OCHI, MUTABE, KISH- IDAKE, YOSHINOTARI, HOJO, MAMA- ZUTA, SAYO, KANADA, SHINNEW, KAMIYAMADA, SIBAI and OYUSARİ

Collieries.

Agent for SAKITO GOAL,

HEAD OFFICE:-

MARUNOUCHI, TOKYO.

RESERVE FUNDS:

Sterling

©£1,500,000 at 27-

-$15,000,000 Silver...$18,000,000

$33 000,000

Reserve Liability of y

Proprietors

$15,000,000 COURT.OF DIRECTORS.

F. L. Farenden Ex-Cham937.

H: Dodwell, Eag.-Deputy 1 dairman" GT. X. Eckis, Eng.

C. Gabbay Máq

Bon, P. B. Ho'ronk.

Hon: Kr. Landale,

1. A. Planer, Bag. los. Mr. Shellim.

CHIE MAKAVIN Hongkong., Stabb, Esq. Shant G. Stepbes, Zaq, London Bankers-London County and Westminer, Limited.

Rongkong-interest Allowedt Current Account at the rate of i par ces annus of the daily balance

ON FIXED DEPOSITS. Far à months, I) per cadi. per Balen. Ter & month,per cent per astum. For a month, 1 per cent, per annum..

N.J. STABB

Chief Manager.

HONGKONG SAVINGS BANK THE Business of the above Bank in conducted by the HENGKONG A•U SHANGHAI BANKING CORPORATION. Exles may be chained on application: INTEREST en deposits is allowed on the min Items monthly balances at 518 per cent. per ansKI. Depositors may transfer, at their option, balance of hos or more to the Hongkong, and Shangh Baak to be placed on FIXED DEPOSI -4 De cons, per anpure,

For the Hongkong and Shanghai Banking Corpor tion...

N. J. STABB,

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

lacorporpied by Royal Charter

HEAD OFFICE-LONDON,

Paid-up Capital

Neuve Fand

Reserve Liality of EroprietorsÁ,,CD POREIGN EXCHANGE and Geners! Banking business acted. CURRENT ACCOUNT opened and FIXEC DEPOSITS received for year or shorter periods, ai res which will be quoted un application, T. C. DOWNING,

Manager Hongkong, 11th April, 1911.

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15, Gracechurch Street, London.

Authorised Capital, Subscribed

Paid Up

Reserve Fund

י

£1,500,000

****** 1,125,00

562,500

850,004

BANKER:

The Bank of England,

The London out Stock Bank, Lfailed'

Hambay

Criceti

Colomby

Delhi

Galle

Hongkong.

Howrah

Kandy

BRANCHES

Port Louis (Mauritius,;-

Male (Seychelles 1.

Karachi

Kota Bharu

Kuala Lumpur"

Madras

Penang

Rangoon

hanghai

Fingapor

PONGKONG BRANCH.

Every description of Banking and Exchang Lusiness transacted.

Interest allowed on Current Accounts at a pet gam per aurum on Daily Balmuses, and on Fised Depos at rates which imasi be ascertained on application.

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE: 6. Wall St., New York LONDON OFFICE = 6. Rishopsgate, EC.. CAPITAL PAID UP- ......$3,250 000

BRANCH OFFICES -NAGASAKI RESERVE FUNDS. $3,528,000

MOJI, KARATSU,

WAKAMATSU

OTARE, MURORAN, HAKODATE KOBE OSAKA, KURE, TOKYO, YOKO- HAMA, NAGOYA. TSURUGA, VLADI. " VOSTOCK, HANKOW, PEKING, LON. DON, NEW YORK, SHANGHAI, HONGKONG.HAIPHONG and CANTON.

Cable Address:-"IWASAKI," Codes: Al. A.B C. 5th Ed., West- ern Union, and Bentley's.

AGENCIES:- CHINKIANG-Messrs. GEAR ING & Co., MANILA-Messrs. MACONDRAY & Co., SINGA- PORE Messrs. BORNEO Co. LTD, GLASGOW--Messrs. A. R. BROWN, MCFARLANE & Co. LTD.

For Particulars, apply to-

K. KATO,

Manager, No. 2, Pedder Street, Hongkong.

MARTIN'S

A Frush Kamado Jap ni Erradutarición.

aign at kay Jeungnlarity's tenures a

..... 354% pram, 34% prem. 72 94 8:30 Nom..

The mountains and dales were

Gold Leaf, per oz... “53 10

week, spot prices gave way and it British tastes, you can Japosios, L ;and Gardenia florida, thickly strewn with the dead and Bar Silver, par ot... 31.11/16 close at about 25 points down one for yourself. In regard to | L,” Bins.-Strobilanthes flaccidi-dying of the routed army, which

· July August, 7.93; November- whickons, you have seen ships Polygonum, orientale. Black-Monte Interaito (2) milen N.N.W. December, 7.75: Egyptain, Fally lessly de been sunk or hope-Rhus semlalata, Murr; Querous of Asiago),

ged,

8.99; East Indian, 7.45,

SUBSIDIARY COINS.

DISCOUNT PER $100: these are shave seen that all of oak or Chestnut oak); and 8sill- the Austrians may strive to make Chinese ...., 10 p 34,8% As yes there is no telling whare Chinese... 20 eta pieces 144% `and have been for ingin mobifura (Tallow tres);

a fresh stand.--- Daily Chronicle, Hongkong 20 eta, pisoss 14%!!

Hongkong 10

MARTIN'S

THE Cannot for En

DRA CAFI

Laustled

and 'misali

|

US. GOLD...

BOMBAY CALLUPTA

...$6,878,000

BRANCHES —

KONGKONG PEKING. KOBE

SAN FRANCISCO LONDON SHANGHAI... MANILA

SINGAPORE NEDELLIN TIKETHIN PANAMA YOKOHAMA

p.com

COLON BANKOW

Throughs is close affiliation with The National City Bank of New York, the Bant la able to offer the Services of the Branches of that Institucios in Cuba and South America, namely RIO DE JANEIRO, SANTIAGO DE CUBA. BUENOS AYRE, HAVANA, MOTEVIDEO,

SANTOS, SAO PAULO.

All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted

application.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received at rates to be ancrained on

N. S. MARSHALL,

Manager, Hongkong, 1st June, 1916.

THE VOKORAMA SPECIE BANK.

LIMITED.

Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital ... 30,000,000 Reserve Fund'...... 20,100,000 Head Office-YOKOHAMA,

Emacha and Laiung-Haier

Bombay Calenta Changchun

Hankow Manolala Kabe

18

Agencias u Nagusakt Branch wa New York..

Los Anguin

VALIMISHT ONO

fgkong" 11th March 17