1916-10-12 — Page 9

COMMERCIAL.

Japan's Boer Trade,

· Middle China 14,000 Iadis...

13,000 South Seas 11,000 300 Australia

+

Total 92,300

1918. 25,000 18 000 10,000 8,000 25,000 42,000 18,000 2,000

166,000

THE FILIPINOS,

Helping them to Self-Govern-

ment.

THE HONGKONG TELEGRAPH, THURSDAY, OCTOBER 12, 1916.

ing to American methods. Ho makon this declaration on the Pacific Coast, where the subject, in of lively interest and well understood.

4

mecia

SURE. OFFENSIVE.

|Lord Derby on the Battle of the Somtime.

Presiding at the meeting of the Lancashire Division of the Nation-

HONGKONG SHARE REPORT.

8-SELLERS; SA-BALES; B-BUYERS; N.-NOMINAL.

REFINERIES.

$28

The beer trade of Jajan is one of those industries which have materially benefited from the war.

The St. Louis Globe Demcerat "Exports have been steadily on the increase since the early part of

thinks that the bill merely allows the Filipino to

· last year. Four-fifths of the ex-

play at mell part is represented by the pro-

* Of Greater Importance to the | 2gerernment,” and calls it "a ducts of of the Dai Nippon Beer Philippine people than anything flimflam messure," but the New Co, which during the Arst half of that has happened in 360 years" Fork World maintains that Conal Unionist Association at Sath- the current sear exported 106,000 is the passage of the Philippine res DOW gives to the Philippines port, Lord Derby said they and Banks osres (each containing four dosan / Government Bill, according to the stains, cf territories like the men at the Front bad abrolute MARINE INSURANCES. large boriles) a quastity exosed. Filipino delegats to Congress, Alaska and Hawaii. This journal confidence in Sir Douglas Baig Cantons ing the figures for the first half and we are reminded by the nya farther that it would be

There was not the least doubt | North Chinas of last year by 73,700 ones. The Springfield Republican that it is hazardous" for the United States countries of export, with quanti-* act of importanos also to to be committed at this time to a that the war se it went on was Unions

Yangtszes ties lakes, are stated by the Americans that the Filipince rromise of independence to the turning gradually in our favour.

- FIRE INSURANCES. xem to be satisfied, for the oon Philippines within a period of Whether the war was short or Japan Chronicle to le

b tentment of a people with their from two to four yerra, for itwould long the result osuld only be that China Fires follows:-

Jan-June, Jan.-June, government is one of the final ba to serume that the Filipinos by for which we had aimed from H. K. Fires

the beginning victorious and conclusive tests of the obar- then would necessarily be pre- 1915,

SHIPPING. and conclėsite peses. Douglases ** -Korea*... 22,000

acter of that government." Then,pared to "cat loose from thiend

b. Bla arged them

to Steamboats briefly summarising the bill, this country and by themselves to- set Maccharia....

.16,500

journal notes that in place of the up a separate nation of their be impatient if things even now, Indos (Def.) North China... 8,500

Pent Philippine Commission, own." As the World see it, the did nos gose fast as they would lados (Pref.) South Chins.. 7,500

like and to take the broad vige.|Shells which is abolished, the Filippinos Clark amendment embodied are to elect a Sonzie. The Bonse thoroughly indefensible" prc. It was part of the general offen. | Ferries in already elected by the people, pom, while "stripped of it aive which was relieving the pree- |ard, with theelection of the Senate, ] the

sure on Verdan and the French, Sugars Philippice Bill the electorate is to be increased all the requirements of justice which had allowed Italy to go Malabons by about 600,000. As about 200,- and fair dealing toward the forward and which was helping |000 Filipinos vote now the new Fillipino." Under the new act,

Rasria to greater victories every Kailans The marked increase in regard law will grant voting rights to the New York Sun obeerves, the day. Although it might appear to Langkats to India, the South Seas, and about 800,000. The cffice of Gor. Filipinos will enjoy all the be going slowly it was going Rauba Australia is worth zolice, as ernor-General is retained "and"advantages of independent goarely, and they might take it Tronohs these places were irrigated with there is to a vice-governor, an rerament without incurring the from him that at the present Urais Germen beer before the war. It American, whose duties are to be responsibility of maintaining an moment those in high military in stated that the popularity of fixed by the Governor-General, army and navy to preserve them." euthority were absolutely satisfied Japaness beer has lately specially The functions of the legislature are The United States will look after with the conduct of affairs.

limited so sa te provide that the their currereg, exelasion of ob increased, and while the

Referring to registration, hie cxport has hitherto been made excite coinage, carretes, and immigra|jectionable aliens, and the general Lardship raid if there were any irely through the Mitari Bastion is we shall not be made with welisra of the I-lande, while weak-kneed people who wished tan Keisha and other exportere, out the approval of the President "if famine or epidemic threaten to force an inconclusive peace he foreign importere have now come of the United States. Finally all the people Uncle Sam would would very much like to have the to desl direct with the brewery. Americaps residing in the I-lande cone to their aid with a rates of the soldiers. Same people, AB

of maller fact, it who desire to vote must become well-filed pocketbook." This he continued, seserted that he

The daily is said, a British merebant in citiz-ne of the Islande,

the delegate took a subordinate place as Un- India has come all the way Republican points ont also that the from the Llande was right der Secretary for War because he to Japan to open direct con preamble of the bill 6xes no spe-when te described the passage felt that by doing so he need not neotions. Another notable fact is cific date for the granting of of the bil as a matter of share any responsibility of Gov- that-there has been a remarkable independence, but simply states greater importance than anything eramant. A more cowardly view increase in the demand from that it has always been the pur- that had happened to his people it would be impossible to suggest. Ewos Egypt and South Africs. Accord pcs of the people of the United in 350 years, and it wondere why Although only A subordinate Kung Yiks ing to the Dai Nippon Beer Co., Slates to withdraw their over any Filipino "except a political member of the Government, he S'hai Cottons about one-third of the above eignty over the Philippine Islands bosa" should want the in- would be perfectly prepared eilber Yangtszepoos mentioned export to India was and to recognize their independ-dependence the Democratio party to take responsibility for whist

"disingenuously promised the Government would do or Borneos really re-exported to Egypt and sure as soon as a suitable govera-bas South Africa. It is doubtfalent can be established therein." the people." Mr. Manuel Queson, resign from the Government, Like whether the present state of pros Therefore, anlarged power of Commissioner of the Philippine Mr. Lloyd George, be bad only perity can be maintained after self-government are granted "in Islande, in a statement isoned to one view in mind, and that was The war, and the Japa:ese mer- order that by the use and exercise the press, expresses himself as to win the war,

| H. K. Electrics chapty concerned are described as of popular franchise and govern-

With referees to the Irish stating that much depends upon better be prepared fully to ataame who ignore the fact that no people in Sir Edward Carson. When Steel Foundries D.

"He flies in the face of history question, be was a firm believer Ropes mental powers, they may the the improvement of the quality the responsibilities and enjoy all ever stop or even hesitate in the peace came, however, they were Trams, Low Levein of Japanese beer.—Exchange.

the privileges of complete in middle of the road once they begin not going to get the men of this Trams, Peak, old b. dependence."

followe:

believes

DOCKS, WHARVES, GODOWNS, &C.

BANKS.

BANK OF CANTON

LIMITED.

BANKS.

HONGKONG & SHANGHAI

STION.

CORPORA

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

FOREIGN EXCHANGE and General Banking Business Trans- acted.

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

INTEREST ON FIXED DEPOSITS;

"For 3 Months 3% per annum

NOTICE

PEAK TRAMWAY CO

LIMITED

T

IT PL

TIME TABLE...

WILL DAYS.

LOA Komen es Mam 10:00 Áci

20 Max.

* M**

OFFICIAL PRICES.

BANKS.

$770

t

b.

. b.

$400 t, 155 8925 D. ex 73-8260

b

$154 $386)

$122 b. & sa. $22Į

b..

$181

b.

$46

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

LOOK POON SHAN,

Chief Managei. NOTICE.

K&

1.12/6

b.

..

$119 $361

MINING

1.

5.

B

£25 $2,75

1.000

#

41.30 AM, 40 Th65 Tul

.n.

sa.

'SHTE PARA LA

31/9

48 hit

Fala Falla l

1-DEFIN

H. K. Wharves 8. Kowloon Docks b. Shai Docks

$83

$130

b.

£.85

· LANDS, HOTELS

AND BUILDINGS.

Every quarter of ná hours SUNDAYS

0015 10-y¤ aim. Evewe 10. Yo 15.00 4.2. 13.00 436, to voo Noor

25 Man, 10 Ma

15 Ms.

M

b.

Пе

$101 $115

1-40 Na te

$100 Pk. Le

10 Ma

£.00 JN, DE

7:00 F200

Mrm

**

YOU KE, TO 3.10

b.

$101

2.

b.

$6.75

II.

$38

11,

6.

1. 95 $88

COTTON MILLS.

b.

A.

t. 150 t, 14:40 t. 101

b.

1. 5.50

MISCELLANEOUS.

n.

IL

E

Green Islands

H.K. Ice Co.,

I.

$8144. $4,75 $9,25 $10 $10,20

THE

b.

$54.

I.

€ 160

b.

$341

$10

$7,20 $0.60

Centrals

H. K. Hotels Land Invest. H'phreys Est. Kloon Lands S'hai Lands West Points

China Light & P. b. Providents Dairy Farms.

Watsons Wm. Powells

b.

E

$7,00

H.

Morning Posts b.

$6,90

$29.

CORRECTED TO MOON THURSDAY OCTOBER 12, (916,

BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

Hits at German Trade, The report from London.to-)

to struggle for their liberty. country to engage in civil war, Trams, Peak, new b. conte 85 ward the end of August that

In the view of this journal this Every advance made is an en- and they would be playing an ill Laundries Great Britain binds herself to buy declaration and the bill itself couragement to take further and part in Imperial politics if they. Waterboats D. $17,00 100,000 tons of zinc concentrates form the fulfilment of the repeated faster steps.

did not do everything they could "Beginning from to-day we to get Sir Edward Carson and and 45,000 tons of spelter annual- pledges of the Democratic party ly from Australia during the war. 1o make the Philippines an aball use this legislation to remind Mr. Redmond together and s and for 10 wears thereafter, autonomène nation, and it adds the American people that they suitable

arrangement made, caused a New York Times com-that if the Republican party on promised as independence, and When this war ended the country mercial writer to comment ses return to power should treat when the government provided for was not going to be represented follows: This moens that the the declaration as scrap of in the act is established we shall by the old political parties smelting industry will bpaper they would incur full ran that covernment in a way fighting against each other. Out transferred from Germany to responsibility. For she time that will show the world of them must come one central Great Britain, he writes. It is at least, "the nation's purpose is that we are in fact a nation, party of business mind with the ons of a long series of transections to be written in the law of the capable of fa'filing car obliga fixed determination that, ont of the ultimate reenit of which will land." But the San Francisco tions to ourselves and other the shattered industries be to deprive Germany of snum Chronicle thinks that the pledge peoples and fully competent to existing, there should ber of industries which that of Congress to give the Philip liva independent life. greater industries than country had made its own. Moch pices independence is a "fair We are beat upon convincing the before. (Load obeere.) of the Germen foreign trade was sample of Democratic ineptitude," American people within the next based on the work of its mana-and it adde:

year or two that a stable govern- facturers in getting raw materiale

Governor Hughes ment can be established in the " from abroad and shipping cat anda on this matter is co the lalande. Then, having fulfilled of the extent of the demage by finished products made from such policy of giving the Filipinos the the condition imposed, independ American trop experts, have materials. A caricas illustration est possible government now ence will be forthcoming. of this was in the matter of leaving the future to those who Literary Digest. rice. Quantities of thie will deal with it.

"Where

•

grown in the Far East were Foot! "Whenever the Filipinos have

on German shipe to Germany, ormmon language of some kind, where it was cleaned and then and a ratio of adult illiteracy not

Dow

arise

ever

T/T

Tel. address: Broker.

EXCHANGE.

SELLING.

2/2 1/4 2/2 5/16

212 36

2/216

2/2 9/16

70 14

93 16

Deviand 30 din. 60 d/m..... T/T Shanghai..

4 m/s... given a fresh fillip to the opera TIT Singapore tions of the speculators seross the T/T Japan n 102 Atlantic.

T/T India

162 Winnipeg market has ben

Demand, India...... 163 TIT San Francis-1 quite as strong a Chicago, the

-52 co & New York option there having risen 13 cents T/T Java.......................... 125 4

recxported to Antries and other larger than that of the average WHEAT FLUCTUATIONS. per bashel since the 15th ist. T/T Marks. Nom.

countries. The war stopped this American State, their deliberately business; and so the growers in considered wishes as to their Obins and elsewhere obtained political status will be entitled to

In this country a very real ad- T/T Francs......... 3.04 14 ditional rezeon for the rise in Demand, Paris......3,05 wheat is found in decreasing

BUYING.

m/s. L/C

2/3 1/16

4 m/s. DjP...

1/3 3/16

$ m/s. L/C

Me.bourne

2/3 5/16

2/3 5/16

534

Nom.

30 a. San Franc-1

4 m/s. Marks

isco& NewYork)

4 ms. Francs ......3.16 14: & mix. France......21 Demand, Germany.

Amer can machine for cleaning carelal consideration, and what-Highest Price for Thirty Years.stocks of imported wheat, all the the rice, which they are now ex-ever their desires may be at that

weekly shipments being emaller porting in its finished condition. time they will vary likely be com

than the country's requirements. It is safe to say that this kind of plied with. There is not pow, and Liverpool, Aug. 23. The Therein lies a danger, as owing 30 ds. Sydney & busines will never again be is never likely to be, any desire reaction in the wheat trade has to the shortness of tonnage and done in Germany. Another on the part of the American been of short duration. A few consequent high freights the instance of trade lost by the people to maintain as a distant drys ago Chicago September alternative sources of supply Kaiser's subjects concerns: dependency a country inhabited options receded to 1 dol, 37. centa Australis, Ladis and the Argentine cyanide used in mising. Before by well-informed population per bashel, whilst at the Liver-which would have rendered as the war began threequarters of which desires independence."

pool market only last Friday No. largely independent of America, all this chemical used in the La the opinion of the Woahing 1 orthern Manitoba wheat for are not available, whilst the vast African goli mines w furnished ton Star, the bill lacking the Clark Augart-8-plember by Germany. South Africa re-madment, which promised in-changed bauds at 624 3d per are of course Cut Lff.

shipgent accumulations of wheat in Russia | Demand, New York. 52 4

TIT Bombay esime quirements. call.. for about dependecoe within four years, in quarter. Yesterday, September

2,500.000 worth per year. Nowot of great consequence, yes it wheat in Chiosgo rose to over 1ed or held the market by Calcutta

So far from wheat being hoard- Demand, Bombay... 169 ali sols have been made, to con- thinks that that amendment or dol. 50 cents per bushel, whilst manipulatom in this country the Demand, Manila

Demand, Calcutta,,. 163 de for five years after the war. something in like spirit may be at Liverpool to-day No. 1 Northern reverse is the case. Owing to the Demand, Singapore. 93

1044 ha Fcolch ompany to supply brought forward again in the Manitoba advanced to 69. 3d per unsettled market and high prices On Haiphong......... 1% prom. All the reeds of the African min-near future, because The companies. It is more than

quarter, a rise of 6a during the and dificulty in "The President and a majority week-end.

arranging On Baigon 3347, prem. utifal if any of the Garman of his party are still in favour of In the mms time four has been along fresh supplies.

freights, merchants cannot bring On Bangkok 70 4 nide will ever again be ased in scutile. Their present action is advicesd 41 per asok, making the

Sovereign

9,05. Nom. Fortunately, the weather con Gold Leaf, per om... 524) Vriese mines. These illustrations only for expediency's muka, . bakers" grade 644, the highest diflons ara now favourable for the Bar Silver, per oz..... 323⁄41⁄2 are typical, continues the writer, *Mr. Hughes declares against point touched for about thirty ingathering of the home harvest, scuttle. De sbiska sa obligation years. Beldom has the trade.

SUBSIDIARY COINS, sta upon this Government, and experienced ruch violent foctos. that it steald continue to be met. tipes lo so short a time. Further If leated President, therefore, he reports of rust and frost damage will mas his icBaines in favour of in the spring wheat crops, of the continued American control, and Täited States and Clanna of developing the lalande sourds.

had might be extended to cover any other items. They are

ly given to show how diffealt will be for Germany to recover at the foreign trade it had ol and painstakingly,

ALEXANDRA JAPE.

arze Shipmentá

DISCOUNT FER. $100 :-

Chiness ats picose 10

NIGHT CARE. E.SINKI and a DMG Dư0 Bán lo

11.00 plava mewry bill ho

NIGHT CARE ad os Week Days.

SATURDAYE

Ear Care sa addałębi.

PICIAL CARă

By Arrangement m the Company's Ulta,

"Besser "ad_punch tickets available for all cars not already, full, manning ut the time stated in the Company's time takies, but set for special car, Cea be obtained on application at the Compaey's Office No Benson ticket will be formed until payment there 1er has been made in Bank Nous or by Cheque or Compradore order representing Bankole** JOHN D. HUMPHREYS CO.

CHINA PROVIDENT ́LOAN 'AND MORTGAGE. CO., LTD.

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

Loans on Mortgags of House Property & Goods received on Storage.

Advances mada on Merchandise. Loans made on the Provident System (Rates and Particulars on application),

The Ofen of TRUSTEL EXXX UTOR OF WILLS, ATTORNEY, &c., Undertakes sad Executad.

SHEWAN, TOMES & Cr... General Managers.

MITSUBISHI COSHI

KWAISHA. (MITSUBISHI GO.) COAL DEPARTMENT,

SOLE PROPRIETORS OF TARASIMA, OGHI...... MUTARE, KISM- IDAKE, YOSHINOTAXE, NOJO, KAMA. ZUTA, SAYO, KANADA, SHIKNEW; MAMIYAMADA, SIBRI and QYUBANİŞ Collieries

Agent for SAKITO COAL

HEAD OFFICE MARUNOUCHI, TOKYO.

RESERVE FUNDS:

Sterling

£1,500,000 at 21-

➡$15,000,000 Silver ...$18,000,000

$33.000.000

Reserve Liability of

Proprietors....................$15,000,000

COURT OF DIRECTORS,

W. La Pallenden Beg-Charov

*. E. Dodwai, Esg.-Depery (haleman GUT. M. Marins, Jog.

a. Gabbar. B

Bon. Mr. Banderak •

Hon. Mr. D.

J. A. Mammer, Esq.

fon. Mr. Shellin

DRRY MAXAGER Bour. J. Benbb, Eng.

MAYAGER

Shanghai G. Boepbari, London Banber-Lendan

Es

W'estoinnit, idmisely and

Hongkong-Internal Allowed! On Current Accounts at the rate of 2 per cent. Fer annam on the daily balance

ON FIXED DEPOSITE.

For maths 28 per ostic par annum. For 6 months, aj per cent, por Bozna For 12 month, 1 per cent per annum, N. J. STABB.

Chief Mara; el

HONGKONG SAVINGS BANI

THY Posiness of the above Bank is conducted by the HNGKONG AND SHANGHAI BANKING PORPORATION. Rules may be obtained on application: INTEREST on deposits i silowed on the min-

monthly balances at Psi per cent. per annum. Depositor may transfer, as their option, balasons of $100 or mor to the Hongkong and Shanghai Baak to be placed on FIXED DEPOSIT at 4 pm ouit per antaa.

La

For the Hongkong and Shanghal Banking Corpers- tlos

N. J. STABE,

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter 1853.

HEAD OFFICE-LONDON, Paid-up apis, .DINE Reserve Fund 1,100, Reserve Liability of Proprietoss 1,000,000

FOREIGN EXCHA®OR and Cancral Bankies

business transacted. DEPOSITS received for 1 year shorter periods, st CURRENT ACCOUNT opened and PIED Tres which will be quoted on application,

T. C. DOWNING,

Manager Hongkong, 11th April, 1912.

THE MERCANTILE BANK OF INDIA. LIMITED.

Head Office 15, Gracechurch

Street, London.

Authorised Capital ..........£1,500,000 Subscribed

Paid Up Reserve Fund

++

34

ZANKERS!

1,125,00

567,500

-550,000

The Bank of Engla The London folur stock Bank, Limited

BRANCHES

Bombay

Calcutta

Colombe

Delhi

Galle

Hoogkang

Howrah

Kandy

Port Louis (auritiua).

Казасы

Kola Bharg

Yuxi Lempu

Madras

Panang

Rangood

hanghal

Lingapore

PONGKONG BRANCH,

Tray description, of Backing and Exchang businesa aransacted.

Interest allow on Corrent Accounts at percent per annum on Daily Balancas, and of Fixed Deposit at rates which may be ascertained on application.

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE:

F

5. Wall St., New York.

LONDON OFFICE: 36, Bishopsgate, EC.

·CAPITAL PAID UP BRANCE OFFICES-NAGASAKI RESERVE FUNDS...

......$3,250 000* MOJL KARATSU, WAKAMATSU,

.$3,628,000 - MUROBAN, HAFODATE, OCABU

KOBE, OSAKA, KURE TOKYO, YOKO- HAMA. NAGOYA, TSURUGA, VLADI VOSTOCK, HANKOW, PEKING, LON- DON, NEW YORK, SHANGHAL

BÓNG ÔNG HAIPHONG

CANTON.

d

·Cable Address:—“IWASAKI,”. Codes: Al, A.B.C. 5th Ed., West ern Unior, and Bentley's.

U.S. GOLD ...$6,878,000/

"BRA

BOMBAY CALCUTTA CANTON CABU. LOLON

HANKOW

THER HOTGKONG PEKING.

КОДЕ LONDON

MANILA

SAN FRANCISCO SHANGHAI EINGAPORE

MEDELLIN TIENTSIN

PANAMA

YUKOHAKA

Through its close afiliation with The National City Bank of New York, the Bank is able to offer the Services of the Branches of that testiimiion is Cabe and South America, namely ;— BUENOS AYRES HAVANA, MONTE VIDEO. RIO DE JANEIRO, SANTIAGO, DE CUBA,

FANTOS, SAO PAULO,

AGENCIES:- CHINKIANG-Mesers, GEAR- ING & Co., MANILA-Mesers.. MACONDRAY & Co., SINGA-4 klods of FOREIGN & LOCAL BANKING PORE Mesars. BORNEO CO. DEPOSITE received at rates to be sacertained on

BUSINESS Uanacted.

CURRENT ACCOUNTS opened and FIXED LTD, GLASGOW-Messrs. A. Bpplication. BROWN, MCFARLANE & Co. LTD.

For Particulare, apply to

K. KATO,

Manager,

2. E. MARSHALL,

Hongkong, Jet June, 1916.

THE

LIMITED.

No. 2. Fedder Street, Hongkong. YOKOHAMA SPECIE BANT,

MARTIN'S

Established 1880,

Authorised Capital Yen 48,000,000 Paid-up Capital... 30,000,000 Reserve Fund

20,800,000

Head Office-YOKOHAMA,

Agencies.

Magnook!

New Yor

Byte (Pon