1916-09-12 — Page 9

THE HONGKONG TELEGRAPH, TUESDAY, SEPTEMBER 12, 1916. |

COM MERCIAL

American Cotton. Beuter's Liverpool cotton market quotation, dated August 31, is follows for mid-Ameri-

08.11g:-**

Spol

་་་

NEWS

Koreas and Japanese Rice for

Rurals.

ference was in addition to tariff advantages. *The cumulative effect of this on British trade must be very great. With regard The rice merchants of Seoul and to German competition, he Chamalpo recently made a con- throught the Australian- tariff | tract for the the export of 36,000 would be so rearranged in fature koku of Korean rice to Buwis. It as almost entirely "to eliminate is now reported that another ordar this factor.

For 3,500 koka has been booked

|

The British Blockade.

Washington, July 14.-Britain's grip upon the Central Powers through her blockade measures in vividly illustrated in statistion of exports and imports for the fiscal year. “ Exports to Germany dwindled from $352,000,000 in

HONGKONG SHARE REPORT

Banks

****

FIRE INSURANCES.

b

b. SHIPPING.

.947d. October-November ...9.38d. January-Febuary. '**,931d.

by the Araki Bios Mill, of 1913 to $12,000,000 last year, MARINE INSURANCES. Cotton remains higher than a

* Chinnampo, for delivery in Bapt-, whereas trade with the Allied Cantons Indian Mide Trade: “ wbák ago by 23, 33, and 36 points, {

35 | ember, mys the Japan Chronicla. | nations, increased snormnomaly. North Chans the quotation for August 24 hav-

The methode adopted by a

The rios bought by the Russian Great Britain leads in commerce Unions ing "brew" 9 263., 0.03d., änd 3.951. The highest level reached group of German firms in Calcatta Government since last year has with the United States. Dar Yangtares was on the 28th inst.-9.84d., to oreate for themselves a mono been chiefly Saigon and Rangoon ing the year 1915 trade with 9.82d, and 9554. The weaken poly in the export of Indian hides grain, and some apprehension was Great Bitsin and her Colonies China Fires ing in the middle of the week was to Europe are analysed by the entertained regarding the recult reached a total of more than H.K. Fires owing to heavy rains in the Chos Trade Journal. After they of the examination by the Russian $2,000,000,000, More than at American cotton bell and to had made considerable progress authorities of the Japanese rice. third of the American importa for Douglases

as individual competitors in the According to the Aaahs, Mears, the calendar year came from the steamboats liquidations by small ball opera- į tors, according to a report from market, five German firms com ara & Co., Yokohama, have re- United Kingdom, and more than Indos (Del.) the New York agents of Meers, bined themselves into an asociacently finished the delivery of one-half of the total exports went Indos (Prel.)

tion possessing the misleading 1,000 tons of pure Japanese to British ports. British goods Shells Tata, Sone & Co., which goes on to way that the Agricultural title of the Caleatta Eide Ship cleaned rice to the Russian auth-sold to the United States incressed Ferries

When the orities at Vladivostock. It is from $572,000,000 in 1913 to Barese port of crop condition pers' Association.

1915, and Sugars is 612 per cent., which is very outside competition had been said that the whole lot has passed $624,000,000, is low, the market expecting at least reduced to a single successful inspection with very satisfactory exports to Great Britain rose Malabo 63 per cent. The Journal of firm an offer was made by the results, and the Russian authori from $1,120,000,000 to $1,687- Commerce, however, pats the Association to purchase from it ties are described as expressing 000,000.-Beater. figure at 64 per cent. The great all the hides that the firm was desire to buy more of the same railway strike which is expected ending to Germany. On the firm, sort of rice hereafter. The Áschi to start on September 4 has also refusing the Association's effar learns that the outstanding co- commission tracte for the import of rice into effected the market.-New York the aratdele or fatures:-October 16.-30 cents, gents, who collect the hides, Vladivostook cover 13,000 tons, December 16.35. January 16,40, were instructed not to sell to the of which about 4,000 tons repre- March 16.54, May 16.69, Jaly Indian firm under penalty of a cent Saigon rice to be delivered general boycott by the Associa- by a Japanese company, while tion firms. As the Indian firm the remainder is all Korean rios. could not use the whole of the

18.72.

The Tea Trade of Hankow:

•

to

WAT.

of

BANKS.

BANK OF CANTON

LIMITED.

HO

BANKS

[ONGKONG & SHANGHAI BANKING CORPORA

TION.

HEAD OFFICE HONGKONG. Paid-up Capital 10,835,000,000

FOREIGN EXCHANGE and General Banking Business Trans- acted.

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

INTEREST ON FIXED DEPOSITS:

$36 PEAK TRAMWAY CO

LIMITED

TIME TABLE

WEEK DAY

DAYS

M, L ON 2.

KULDE AE) be 62.00 3

+

TO MIN.

A Mans

RESERVE FUNDS :-

Sterling

̈£1,500,000 at 21-

Silver

**$15,000,000

..$18,000,000.

$33 000,00€

Reserve Liability of

Proprietom...$15,000,000 COURT OF DIREUTORS,

F. B. Dodwell, eg.-Deputy

-0. T. M. 34tios, ) QGabbag. Ing

Elon Mt. D. Landsle

Lion Mr. S

OMLEY MANAGER Book-N. J. Stabby. Sze:

Kakaoza.....

Changhai G. Beephen, Xaq. London Haskirs-Londen

wer, Lamity and

Hongkong-latestAllowed: On Current homeots wi.zba rate of 3 put čemilą zar

sabun on the daily balance. -- -

ON FALES DEPOESTRAD

For mouth, i per cane, par sANUN. For month, 14 per cent, per meum. Portsmouth, 1′′ per cant, per absom, N. J. STABB,

Chief Manager.

|HONGKONG SAVINGS BANA

TEE Business of the above Bank & Co by she HONGKONG 4-U ARANGHAI BARKINÚ CORPORATION.

-BELLERS; SA-BALES; —BUYERS; N.—NOI

OFFICIAL PRICES.

BANKS.

b.

$750

.the

$400

41

t. 155 $920 1. ex 78 $262)

$154 $385

For 3 Months 3% per annum

For 6 Months 4% per annum

For 12 Months 43% per annum

b.

$ 156

&&

- LOOK POON SHAN,

Chief Manager -

$198

$46

109/-

NOTICE.

$2714

REFINERIES.

NOTICE.

$110

MINING

Kalians

The

30

b.

1.261

B.

$2,50

30

TE

80/-

D.

841-

25,90 KN, AS THAT PAR 29143 TAMA LO

13 PM.

244

* Man

KALI FIN« be

SĄKĘ PAR 帽

43] 18, 20

* Mxm

SIDE Pill, 10

RIGHT CARE.

thon.

$85

$1501

Be

t. 74

t.811

7:30 4

$99

Lớn nume te sngo aŭt. Every jy Man, ic Mini IN LB. M Dao Noor

by M rain 1: T

2006 to

b.

n.

ཉ་

· A.

$115 $100 $6,50 $18 £9112

M

1. М

za Mu

NIGHT CAKE MON

Wank Days

n.

$88

COTTON MILLS.

II.

150

b. & sa. t. 14,95

1.

t. 100

t. 51

b

#8

$4.75

THE CHINA PROVIDENT LOAN AND MORTGAGE

b.

88

$2 Sir

CO., LTD.

b.

$9,70

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

b.

$58

A.

$160

D.

$38

$7,50 $9,60

DOCKS, WHARVES, GODÓWNS, &C.

LANDS, HOTELS AND BUILDINGS.

or Borneos

..

容。

$ re- | China Light &P.b.

than

$17,00

b.

$61

2.

$6.90 $19

CORRECTED TO NOON TUESDAY SEPTEMBER 12, 1946,

BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

Tel, address: Broker.

EXCHANGE.

Langkats American Dyestuffe.

Raubs There seem to be so many Tronohs angles to the dys situation that it Urais is not surprising to find the Ways). and Means Committee of the House of Representatires some H. K. Wharves sa what puzzled as to what their Kowloon Docks b. final determination should be, Shai Docks notes a commercial writer in the H'kew Wharves n. supply of hides aratɗars were Mount Austie Rubber. New York Times. An entire absence of onthusiasm on the part) more or less compelled The ten trade of Hankow of sequiesce. Becret leakage to the

The report of the Mount of dye users over giving the Centrais IL 1915 was the largest and most Indian firm continued, however, Austin (Johore) Rubber Estates, domestic makers of colours a high H.K. Hotels profitable for many years pass, and finally the German Associs Limited, stated that the profit protective duty has been recently Land Invest. Mr.~W. Theodor, of the firm of tion achieved its end by applying and lows account shows, with the noted. Among some textile men H'phreys Est. Theodor and Rawlins, says that

the Jankow tes season of 1915, Premare to the Hamborg import-balance brought forward, a credit there is even some resentment st K'loon Lands will long be remembered as the ers who preferred the imports of balance of £73 471. The net pro- the high prices insisted on for S'hai Lands most sensational in the history of the Indian firm to those of the it for the your's working was American dyes, while at the same West Points

£68,270. The directors propose | time the output of the latter has the trade. The demand for Germans. The argument sm- Rusis was enormous. The Ras- ployed was the pan-German one to pay divided of 14 per increased to such an extent, that Ewos sian Government commandeer. that if the Association were cent., leas ir come tax, £63,-alesmen have been advertised Kung Yiks ed a big quantity of ses shipped not supported the trade would be 000; to write off the balancs for to push the sales, and consider- S'hai Cottons

expenses lost to the German Empire. The of

b. amal-able quantities are available for Yangtszėpoos vie Vindivostok for the army result was an effective boycott of gamation. 20,000: to carry for export. In fact, the exports · MISCELLANEOUS. This made the country generally Lepahani, the Indian firm, and ward, £4,471. The crop harvested of dyes of one kind Tery short and many repeat the German firma obtained the was 1,018,590 lb. The manager another have shown orders were sent out, which great monopoly for which they had estimates that the production for markabla iceresee, the total for Providents Is prolonged the season and caus- ed bigh prices to be maintained been working. The Shoe Trade the current year will be 1,350,000 May-the last month for which Dairy Farms

Journal states that the proces

lb. The gross selling price was figures are available-being near-Green Islands for all corte and conditions of tes, had caused the Bengal Govern 2. 7.36. per lb, the all-in costly G. $1,000,000. A storm contre H. K. Electrics The consumption of tes in Russim

ment some anxiety, but it adds being la. 4.43 compared with la, seems to be the matter of a high H. K. Ice Co., has increased out of all proportion, that long after the war had been 4.3d per lb for the previous year. duty on indigo, aanbetance which Ropes owing to the Government's pro-in progress the German firms in The increase in the cost of pro- has been on the free list under all Trams, Low Level n. hibition of alcohol. At the close Calcutta were still carrying on

duction is due to enhanced kinds of tariffs. The greater Trams, Peak, new b. cents .80

Trams, Peak, old b. of the season one can say that their business sad exporting cost of transite owing to the proportion of indigo, it is said, is there are only about 8,000 half-

b. & sa. $$ Laundries hidee to Italy where, it is ang-

Forward contracta bare used by one large concern, which U. Waterboats.. chests in all left, and those are very common and quite andeeir-gealed, some of them were being been entered into for the sale wishes to get it as cheaply as Watsons able teas. The outlook for the held for export to Germany after of approximately one fourth of possible. As against this is a Wm. Powells

the war.

the current year's estimated crop Western chemical company which | Morning Posts - b. coming season ia favourable as

at a gross average price of 33 per announced its purpose moms) far na Hussia is concerned, bati

Manchuria as a Sugar Beet

Ih. The planted areas remain ss, months " ago to make synthetio very unfavourable for the United

last reported, vis, 10,705 acres indigo in large quantity sad pat Kingdom.

Country. The difficulty in

ander rubber. At the end of ap a factory for the purpose. securing tonnage, the prohibitive That the whole of Manchuris, March, there were 4 392 acres in Bifore the possible end of the freight rates, the rise of fally 20 bat particularly the section north bearing, and the manager expects war, and the consequent com per cent. (to date, Marob) in ex- of Mukden, is suitable for the to bring in an additional 2.000 petition from abroad, the com change, besides the probability caltivation of the sugar beet, is acres during the current financial pany would be able to make of a further sixpenny duty in the opinion of Mr. Tetan Maki, year. Daring the year 83,889 trees profits sufficient to more Great Britain, making 1. 6d. per managing director of the Easaiko were removed. This work will be cover the cost of its plant, 1b., against 5d. in 1914, all point Sugar Mill Co., who recently continued antil only about 100 as other dyemaking con- towards a very difficult seison returned to Japan after a tour of trees to the acre remain all over ceras have already done, for the home market."

Manchuria, Lsok of irrigation, the estate.

bat this does not satisfy the T/T he asye, is the one great draw

promoters. They insist they will Demand back. Best growing in Man-

give up this branch of the busi- 30 dfs. charis, according to Mr. Maki,

nere unless a prohibitive duty is 60 d/s. The present position and future, as reported by the Japan Ad outlook of Australian trade was vertiser,

The project for the production | placed on foreign indigo, The 4 m/s................ 2/2 1/16 has several advan❘ of sine on a commercial conle by attitude they have taken bas notỉ T/T Shanghai.......... 70 24. the subject of an address deliver- lages over the sugar ed by Mr. G T. Milas, Imperial growing of Formosa,

cape the electrolytic process has been helped their cause. The Finan- T/T Singapore 91 98 Trade Commissioner, at a spatial there is a graster sres of land registration of a company named on the same subject:-If prices / India

First, advanced a stage farther by the eier, London, reports as follows TIF Japan min. 100 34

- 159 $ meeting of business men, conven- easily procurable; secondly, the the Electrolytic Zine Co. of form the criterion, the dyestaff Demand, India...... 160 ed by the Trade and Industry labour in abundant and cheaper; Australasia Proprietary,

Ltd. shortage in the United States is T/T 8an Francis Committee of the Royal Colonial and thirdly the great market for The company is primarily formed less serious. In a broad, general T/T Java.............. 123.56

co & New York) Tastitate, Bayna London report of sugar is nester than in the case of for the production of sine elec- sort of way this is true. But it is T/T Marks Nom. July 20. Mr. Milos, who paid a Formoes. Of these, the first ad trolytically in Australia. tribute to the excellent work of vantage is of an inestimable value company

The only true because mills have T/T Francs.......... 3.00 14 will be one the Trade and Industry Com- because the angar-milling in- the members of the

of abandoned expectations of being Demand, Faris......3,01 Zine | able to attain the refinemente cf mities, described in detail the dustry is quasi-ngrionltare. Producers' Association Pty. Ltd., dyeing

BUYING. which existed when varione methode by which trade Especially, it is to be noted with company which was recently Garman dyes were abundant and

4 m/s. LIC was to be procured by British interest that sagar mill men can registered, and to which all the because prices for sach dye as

4 m/s. D/P manafecarers and trades in easily acquire the use or the zina producing companies of were actually available reached Australis, and strongly emphasis ownership of any large treet of Australis are parties. It is to be price level where it was impos od the necessity for principals, land in Manchuria. Bat there is a cardinal festure of the company sible to find buyers. In and not "bag-inen," to visit the one disadvantage, the lack of that it is to remain under British the absence of buyers, prices market. Our trade with the irrigation. It is therefore control. The company is the have receded and in Some 4 m/s. Marki Commonwealth, he said, cught necessary that artesian walls be outcome of the investigation cases rather sharply. It is con

4 mia, Francs......3.12 14 to be considerably increased. drilled on a large scale in order begun by the Amalgamated Zino sarratively estimated that the 6mis. France...3.17 . There ποιο DO DUFTANCY

language difficulties, and nearly present, the wells in Manoharis dime ago into the operation of 35 per cent. of the dyes needed Demand, New York. 516

or to undertake beet growing. At (Ds Baray's) Company some United States is to-day producing Demand, Germany. every item in the tarifi gaye British are only 30 feet deep, and the the electrolytic process of extract for normal home consumption. Demand, Bombay... 169

TIT Bombay m goods a prolerance. Take the im temperature of the water is so ing sino from ores, su spplied When the, war started in August, TIT Calcutta ports of metal pig and fogat and low that it does not do for irrigs in Americs. Rosalta were con 1014, the country was making Demand, Calcutta... 160 machinery manufactures. Out of tion purposes, No investigation widered afficiently encouraging about 10 per cent, of the dyes it Demand, Manila 10114 a total of 217 325 592,17,290,502 has yet been made as to what some months ago to justify the ass. The balance was coming Demand, Bingapore. 91 is of a clase subject to preferential depth water of a moderate tem company's making a tentative from Germany and Switserland. On Haiphong 34%, prem." treatment, leaving only £35,000 perature could be obtained. As arrangement with the Tasmanian The improvement in quality of On Balgon

$12% prem. subfset

preference. to the question of what effect the Government Hydro-Electrio de American dyes has been notice On Bangkok ................. 71 34 As regards textiles, ont of beet engar industry in Manchuria partment for a large "blook" of able, but it is obvious that a

Sovereign aidamen 411,138,000 there was only £7,858 has upon the engar industry there, power from the Great Lake country a imperfectly developed Bar Silver, per offre 31 14

9,20 Nom, Gold Leaf, per o... 55.10 thas did not erfy some form of Mr. Maki believes that it osunok scheme. As a proliminwy, it was ahemically as was the United preference, but the Australian fail to be a strong competitor, decided to scent, & working wait | States in 1914 could not hope in SUBSIDIARY COINS. people did not rest with even bat thinks it will not have a bad of the plant in Tasmanis, so that a short two year to attain the this. They bad departmental feat on Formosa, On the the investigation would be degree of dyenkill possesed by preferences-that WAIT to any, contrary, it will give an opport thorough before a scheme to erect the Germans. For one thing, departments in dealing with unity to the Formosen mill to the large works necessary to deal American coal does not possess tenders for imported goods gave root various improvements in with any achatantial portion of the colour producing qualitine a preferendu - varying in amount their working, which would the Broken Hill output of sine ces inherent in the coals used by in British goods, and that pre-otherwise be left undone.

was launched,

Germans,

Future of Australian Trade.

not

to

Production of Zinc in Australia.

BELLING.

SONG FOR A DA

2/1 M4 2/1 13/16

2/2

51-

6 m/s. LO 30 dis. Bydney &

2/2 9/16 2/2 11/16 2/2 13/16 2/2 13/16

5914

Melbourne-re 30 ds. San Frano-

isood New York)

......Nom.

WWCM

G

DISCOUNT-PER- - §100%

Age race and I 184, 1990.2001 30°

Taponey hálf hour

13:00 1ạm 10 k2a13 P.Ma

brary gearter of an hour, -

SUNDAYS

hd Dong

SATURDAYS

Sous Car në

USPECIAL CERE

Bý krmnogimooi na the Compnýi D66% 1

Lemhóra Baðdings,

Dm Tory Boad,

"Sensor and peach tickets available for aki car for sirdy rll, running at the time slated in che Compray's time table, but not for special care. Chan be obtained on appileation at the Compary's Offic No Gensor ticket wil be fatoed until payment that for has been moda in Bask Kota or by

Comprador order veseosesting Bankninger:

JOHN D. HUMPEREYS & CO.

Loans on Mortgags of House Property ža Goods mexited on Storage.

Kévances trade on Merchandise.

Loans made on the Providant System, ¿Rates and Particulars on application).

The Ofice of TRUSTEE, EKE UTCE OF WILLS, ATTORNEY, &c., Undertaken and Executad.

SHEWAN, TOMES & U..... General Managers.

"

MITSUBISHI GOSHI

KWAISHA.

(MITSUBISHI 00.) COAL DEPARTMENT.

SOLE PROPRIETORS OF ~

TAKASIMA.- OCHI, MUTABE, KISH- İJDANE, YOSHINOTARI, HOJO, NAMA- ZUTA, SAYO, KANADA. SHIKNEW. KAMIYAMADA, HIBAI and OYUSARİ

Collieries.

Agent for BAKITO GOAL.

HEAD OFFICE --

MARUNOUCHLOKYO.

BEST btained de application

on deponite le Allowed on the min fmum monthly balances at $38 par VENT PUT MULINK.

„Depositors may'pranalar, ar fheit opsien, beimmons of $100 or more to the Hongkong) SMA Bank to be placed on FIXED DEPOSIT al 4 por COAL par RIERA

For the Hongkong and Bhanghai Basking Corporis.

N. J. STABE.

Chief Manager.

THE CHARTERED BANK, OP INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter Hyj..

HELD. OSTION-LONDON

Paid-up Capital 100.000 Beserve Fund.

Beserve Liability of Pyoe

FOREIGN EXCHANGE and Danart) · Baske

business traomced. CURRENT ACCOUNTS op med and 232 IEPUSPOS received for 1 year or shorter perioda, ni tatea which will be quosad os application

T. C. DOWNING, "

Manager Hongkong, 11th April, “1912.

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London.

Authorised Capital ............... £1,500,008 Subscribed

Paid Up

Reserve Fund

*** 1125,00

BANKEES:

552,500 550,000

724 Bank of England, The London Joint block Beak, Lámİz 6. BRANCHEY

Bombay

Calculia

Colombe

Delhi

Calla

Hoogkong

Howa

Xandy

Port Louis (Mauritius)

Karachi

Kota Bhar Koala Lampa

Kadra

Paut

Rangoon

1 hanghai

Eingapore

BONGKONG BRANCH.

Every description of Banking and

business transacted..

change

Interest allowed on Current & ccounts ar e per t per annum 90 Daily Balances, and on Fixed Depanis at sales which may be ascertained as application

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE:

Go, Wall Et., New York.

LONDON OFFICE: 3. Blabosagate, EC.

US, GOLD

BRANCH OFFICES 1-NAGABAKI CAPITAL PAID UP "MOIL KARATSU, WAKAMATSU, RESERVE FUNDS

OTARI, MURORAN, HAKODATE, KOBE, OSAKA, KURE, TOKYO, YOKO- HAKA NAGOYA, TSURUGA, VLADI VOSTOCK, HANIOW, PEKING, LON- DON, NEW YORK, SHANGHAL, HONGKONG. HAIPHONG rad CANTON.

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

.$3,250,000 $3,628,000 .........$6.878,000,

BRANCHES :--- BOMBAY HONGKONG PRKING. CALCUTTA KOBK SAN FRANCISCO' CANTON LONDON SHANGHAI CERU

MANILA SINGAPORE COLON MEDELLIN TIKETSIN HANKOW

PANAMS TOKOHAKA

Through fin plose añKation with The Nations! Chy Bank of New York, the Bank le able to offer she Services of the Branches of that Institution in Cabe and housh America, amively >--

CHINKIANG-Messrs. GEAR- BUENOS AYRE HAVANA, MONTE VIDEO,

RIO DE JANEIRO, BANTIAGO DE CUBA. ING & Co., MANILA-Messrs,ANKS, 240 PAULO, MACONDRAY & Co., SINGA-

All binda of FOREIGN & LOCAL BÁNKING PORE Mesars, BORNEO Co. BUSINESS transacted LTD, GLASGOW--Messrs. A. B. DEPOSITS received at rates to be macerisland on CURRENT ACCOUNTS opcard, and FIXED BROWN, MOFARLANE & Co., LTD,

For Particulars, apply to--

K. KATO,

Manager,

No. 2, Pedder Street, Hongkong-

MARTIN'S

AROLBLIZ

application.

J. S. MARSHALL,

Hongkong, 1st June, 1916:

THE

YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880, " Authorised Capital Yen 49,000,000 Paid-up Capital Reserve Fund A

#

30,000,000 20,830,000

Head Offos.-YOKOHAMA.

and