1916-11-09 — Page 9

COMMERCIAL NEWS.

Autung imports of Iron and Steel.

Lessons from Our Wars.

THE HONGKONG TELEGRAPH, 'THURSDAY, NOVEMBER

DOW

HONGKONG SHARE REPORT.

3-SELLERS; SA-SALES; B-BUYERS; N.—NOMINAL.

-OFFICIAL PRICES.

BANKS.

$755

MARINE INSURANCES,

$403

Shells

.D.

11.

SHIPPING,

1916.

BANKS.

BANK OF CANTON- LIMITED.

BANKS

LLONGKONG & SHANGH‚I-

BANKING CORPORA

- TION,

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

FOREIGN EXCHANGE and General Banking Business Trans- acted.

CURRENT ACCOUNTS open- ed and FIXED DEPOSITS`Re- csíved.

INTEREST ON FIXED

DEPOSITS:

For 3 Months 3% per annum

For 6 Months 4% per annum For 12 Months 41% per annum LOOK FOON SHAN,

Chief Manager.

NOTICE.

NOTICE

$161 $187

81. & 6. $125)

$12

sa.

$138

b.

$16h

D.

108/3

་ &

$3814

REFINERIES.

$1. b.

MINING

30%-

b

t.25

$2.76

1.00 AM, to XIOS AM.

u

b

32/6

1.

94/9

+ 1

w

DOCKS. WHARVES, GODOWNS, &C.

500

1465 2016 In ALS 2-0, 10

ML 30

Malabons

$138 PEAK TRAMWAY CO

$39

| BRITISH NAVAL HISTORY, official histotinu of the Navy, and the trade "is" auch *

he has been working there in his | one

to Chins, who would unnal indefatigable manner ever have thought that 3,500 students sinos. (Chsere.)

would have replied to the adver- Were it not for the Gensor, I tiamants? Perhaps even the should fuel tempted to give an originators of the Shangwu Pas For the quarter ended Jure

example as to why it is so neossenheme were a bit surprised that Admiral Prince Louis of Batrary, when the recorda of the war their scheme should "take", so 1916, the import of iron and mild steel bare into Antung shows a tenberg on October 4 opened, at are written, not only that there well; but they were pleased, too, small increase when compared to King's College, the Laughton should be a narrative of events, for with each of the 3,500 ap- the same quarter in 1915. For Library, which it is hoped may but still more of everything that plications came $3, and that the June quarter in 1915 the total form the Duo'eas of a really valled up to the policy which caused makes a good round $10,000. Banks was 174 picule and 214 for 1916, able collection of books on Natal those in authority to adopt certain enough to have more than paid

difference of 40 picals, Iron history, and afterwards presided messures. I will leave it at that the expenses of the 10 studente Cantons and mild steel sheets and plates at a largely attended lesture by What may be obscure now will be But the students have not gone North Chinas x d. t. 186

Mr. Julian Corbett, FS.A., on sa clear se daylight by the time to Japan, the probabilities are Unions

$965 show a decrease of 11 picule in

the labours of my friends here that they never will; and, they Yangtszes

1. ex 73 $255 1918 and galvanised iron shes: "The Revival of Naval History."

Speaking of his own early days see the light of day. (Cheera.) allege, the newspaper still has

FIRE INSURANCES. corrugated and plain, show &

in the British Navy, Prince Louis Mr. Julian Corbett said there their $10,000. decrease for 1916 of 85 picale.

China Fires said that Naval history was in-were large gaps in car neval An Unpleasant" Surprise.

H. K. Fires Britain's Trade with Russia.

The correction of 3,500 exa- differently taught, and was not history which required filling. In view of the widespread de-ons of the subjects in which young With a few exceptions there were mination papers takes some time, sire to establish more intimate officera were expected to pass. In no satisfack ry lives of the great the date of announcing the Douglases trading relations between the later year Sir John Laughton masters of the ses. From Blake name of the lucky ones was Steamboats Russian and British Empires, it turned bis great mind to the directo Collingwood there was scare ly postponed, and that seemed Indos (Def.) was decided, at a large meeting tion of Navel history proper, and one who bad a monument such natural enough. The students ados (Pref.)

waited patiently until, on May 17, Ferries of British and Russian firms in one of the most listing monuments the country owed him. terested; convened by the Ras- of his life would be the volumes "If any would doubt the educa-they were rewarded with the aiso Conaal-General in London edited by him for the Navy Reting effect of naval history," Mr. snnouncement of the results. (Baron A. de Herking), to form a cords Society. Since then other Corbet: added, "there is some. Besides the 10 who were to be Sugars Raser-British Chamber of Com- writers had dealt with the subject, thing to which we can Bow Eent to Japan at once, they had enrolled 800 preparatory merce in London: The Bossingn:tably Mr. Corbett, whose fecurely point. The patierce

The not'se which Kailans Consul General stated that His lectures at the War College formed with which the country bore the studen's. Excellency the Imperial Russian an invaluable record for students, apparent inactivity of the Fleet brought this information also, Langkats Ambassador (Count Bockendorf)

I think it must be conferred in the early days of the war was advised the students to make Rauba

Tronohs was prepared to become honorary (seid Prince Louis) that paral quite a new experience. The preparation to leave for Japan Urals president of the Chamber, which history has not received the at-

months of apparent

failure within 10 days. Students came to would woure its official recogni- tention it deserves in the Navy for instance, that were Shanghai from far plices. "Bat tion. The objects of the com generally Bat much has been consomed in the prolonged they did not keep their promise to mittee are to promote, study done, and a good deal more apertions which finally drove the send us abroad within 10 days,' extend, and develop the home sad in course of being done when Bemy's cruisers from the ees, raid one of the students. "We Kowloon Docks b. b. foreign trade, commerce, and this war came upon us. The Board were never so borae before. Con-wrote letters to ark them about Shal Docks manufactures of the British and of Admiralty, presided over by trast it with the unceasing com- the matter, but received nothing Diya went on and we Russian Empires, and their man-Mr. Churchill turned its attention plaints of the older ware. In this at all, tual commercial relations, collect to these subjects, and one of its ar there has been nothing of grew impatient. Neither Mr. V. Centrals

the kind. From the first every P. Wong, the manager of the and publish statistics relating to first acte was the appointment home and foreign trade and com- of a commisten of three very publicist, with full understanding paper, nor Mc. O. L. Zaag, the merce and manufactures of the eminent men to elucidato the very and complete conviction, hastened paper's lawyer, answered as any: British and Russian Empires, con- vezed question-it Lad been an to teach what he had learned from thing about it."

the revival of naval bistory, and sider questions connected there.

open question for over a century. with, and make representations to of the tactics of the Battle of the nation listened with results of Governments, legislative bodice, Trafalgar. The result of their incalculable value to those who chambers of commerce, and labouré, as we pointed out by

bad to direct the war." (Cheers.) other authoritise. It will also the late Admiral Colomb shortly Admiral Fitzgerald, the first within a month. On October 13, Kung Yiks

S'hai Cottons I. advance the special interest before his death, was the die captain under whom Prince Louie unlucky dey, the students unex- Yangtzzepoos of Russian subjects carrying on covery that all existing plans of of Battenberg went to sea, wrote pectedly received a notice to the MISCELLANEOUS. any industry or business in or the Battle of Trafalger were that the college could not have following off ct.

chosen a mora able or patriotic

1. As the fund for the expen-Borneos with the British Empire, and also wrongly drawn, and that Culling British Beaman to take the chases of sending the students a broad China Light & P.n. the special interests of British wood did carry out the attack on subjects carrying on any industry the hostile tear with his colomb

was formerly subscribed by the Providents or batiness in or with the Bassian precicely in the manner conceived

Late General Tea Sber; the matter Dairy Farms Green Islands Empire. It may be noted that a and ordered by the tactical RECRUITS FOR CHINESE declaration of independence of H.K. Ice Co.,

will be cancelled owing to the H. K. Electrics Chamber called the Russian genius of oar immortal Nelson. Chamber of Commates in London

Obeliang and to the loss cf bie Ropes position. was formed some time ago, but never secured any cfficial recogni- tion either from the British or Ramian Governments.-Eastern Engineering.

Creation of a French Dye Industry.

which will undertake

This

(Cheers.)

Wag

There was another way in which the Admirsity of that ticas pro- poard to farther the study of navel history and the art of paral war- fare, and that was by moving the War College from Portsmouth to Greenwich, and practically

JOURNALS.

A Training Scheme and Its Outcome.

The students say they then had short interview with Mr. Kao, the secretary, who verbally pro- mised to send them to Japan

Wid

H. K. Wharves ea. & b. $841

H. K. Hotels Land lavest. n. H'phreys Est. Koon Lands Shai Lands West Points

Ewos"

LIMITED

TIME TABLE.

WEEK BAYR

$290.A.. ta mu 7

MIGHT CASE

J

Мон

sin.

Ju Mow

MI

* O

-

Li X

6.ga zvant and ↑ KKL BIJO Zamə 18 15.00 MM *vacy bail bonu

(5.09 1.1 12 21 45 PM

cuncy quarter of an homa, SLADAYA

20-go aim. Event 15 Min.

12,00 à..

3.10 1.30,

NIGES CASS mor

SATURDAYE

Came Cer

M

*

عدام

13. BETW

**

to M19.

Weet Days.

Er matnight.

APECIAL CARE

By Arrangement at the Company's Ubia, Alawwadın Bak dings, De Toes Bood, **Stason and punch ticket available for all cars

tot already fully running at the time stated in tur Company's time table, but not for special cary, Gea

be obtained on application at the Compery's Offer - No Season ticket will be issued unill payment thera For has been made in Bank Notes or by Chegaro Compradore order representing Eack Foles

JORN 5. HUMPHREYE & CO.

$18439

t. 9.

LANDS, HOTELS AND BUILDINGS.

Zu A

to Mani

IL

д.

b.

$101 $115 $101 $7,00

11.80 am, to tabo Nooe so

5:00 Mil. 10 4.00 120, to T100 P.M. LD

5.00 Nom

1.00 TIME Бир

+

H

ay May

D,

$35

IL

t. 91

D.

$85

COTTON MILLS..

1.

R

1.

t. 165 t. 163 t. 192 t. 6

n.

$8%

X.

$4.75 $9.90 $28 b. & sa. $10,75 bi $541

THE

CO., LTD.

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

D.

$160

b.

$34

b.

$94

Loans on Mortgage of House Property ke Goods received on Storage,

$7, 6

Advances mada on Marchandlas. Loans made on the Provident Dykem. (Rates and Particular on application),

$1

n.

$31

$17,00

b.

$6,90

b.

$6,90 $29

CORRECTED TO NOON THURSDAY' NOVEMBER 8, 1916.

Steel Foundries Trams, Low Levej sa. Trams, Peak, old ca. Trams, Peak, newn. Laundries

U. Waterboats Watsons Wm. Powells

BENJAMIN & POTTS, Share and General Brokers.

Princes Building.

Tel. address: Broker.

EXCHANGE.

4 m/s...

SELLING.

2/3 56 2/11/16

2/34

2/3 %

2/3 15/16

Nom

132

Nom.

3.20

. 2.—Thie group of studente was considered to a secret politics party by the Government and so there might be some danger of sending them abroad.

3-To keep the promise, the It was only a few years ago, students will be sent to Chunghus Morning Posts Paris, Sept. 19-Extremely in merging it with the existing comparatively, that there were no Commercial School (16 Markham

Naval College, thereby making Chinese newspapers at all, but of teresting progress is being made Greenwich the principal eest of recent years, and particularly

Road), towards patting into practice learning for the Navy. Unfortu- since 1911, they have been spring-

The Students' Retort. the decisione of the Economic aately, the war cat this projecting up in profusien until to-day

·General Teu, it might be ex- Conference of the Allieshers, and it has been laid aside, even the cities in the remotest plained, was to dooste a large regards the so-called "key"

The work done at the War College interior have their newspapers, sum of money for the enterprise, industries. Chief among these is is probably little known outside A great deal of the work done on Eccording to statements which the dye industry, and as a first step the Service, but it has been very these papers is done by men who the students say were given out towards the creation of a French valcable. The Board of Admir have had no training for it and by the newspaper. Bat, they colouring and chemical industry ally established a

it Wor Stoß who have little ides what is ex-Bay,

the Shangwen an important group has E6:0

mot General Teo, formed in France comprising thery soon after Mr. Churchill took pected of them. No one realized Poo, and

fice, or rather revived a body this more than the men who who was responsible for the chief companies and in-

which existed, but had somewhat were actually engaged in the work, whole expenses. Moreover, they T/T. Adividuale interested ia the

declined from various causes. and as they saw the number of point out that the announcement Demand ohemiosl industry, mines, metals,

It is a common belief that, un-newspapers increasing with re- of May 17 was made more than a 30 d/s. gas, dyes, organic chemical in it this War Staff was established, markable rapidity they realized month after the disappearance of 60 dis..... dustry, colours, printing inks, the Nary had no Suf at the the need for young men who had the general. "Again," say the T/T Shanghai. fertiles, and paper-making, ta

984 Admiralty at all, and that what been trained especially for the studente, "what bare we to do which have been joined expert people generally call the thinking work.

with politics? Also the advertise-T Singapore

167 M TT Japanese chemists and engineers.

Japan is a land of newspapers, ment definitely promised to send T/T India

171 Sociste d'Endes will shortly be department did not exist. This

Demand, India.......171 4 a co error. Admiral Sir Cyprian why not send some of our young us to Japan and not elsewhere. replaced by a National Company, Bridge, and after him Admiral students to the Island Empire, They wanted journalistic and T/ San Francis-

5434 the Sir Reginald Castance, both bave them trained there as not a commercial training; so they co & New York manufacture of all chemical proof them past-masters in the art journaliste, and then bring them are not content to accept the offer T/T Java ducts. So that the new company of naval warfare, were aptasily back to China to become leading to sent them to the Chunghwa T/T Marks may be able to compete success-Chiefs of the General Staff at the lights in China's great Geld of Commercial School on Markham T/T Francs fally against German rivala, it is Admiralty in the fullest sense of journalism?

Incidentally, we Road, where they would have to Demand, Paris ......3.20 probable that a prohibitive tari the word daring the years that will make some money for our pay thair own living will be enforced. The use of the they cecupied the position, Ua selves. At the end of last year penses at that. new war factories and their fortunately their office was hidden this brilliant ides occurred to "Having distrustfally obtained has been under the very misleading title of those who conduct a iceal Chinese a great sum of several thousand guaranteed to the National Co-Director of Naval Intelligence, daily called the Shangten Pao, dollars, they don't stick to their pany after peace by the State, which is one of the branches of and in January that daily began promise which has been made and and at say moment the Minis- War Stad dealing with foreign a series of alluring advertisements is still known by many," writes ter for War will be entitled to navies and possible future designed to entice young Chinese one of the young men who cou order the manufacture of ex-sarmies. For various reasons the students to enter the honourable clades his letter with this sen- plosives and chemicals, and Intelligence Department, 10- but poorly paid profession. lence:-"We now clear up the 4 ms. France .....3.38 6 m/s. Francs ......3.37 the Minister of Commerce, simi-

Scholarships to Japan. matter before everybody, and called, somewhat declined, and. larly, will have the power to order did not exercise the power it

Demand, Germany, —– We will send 10 students to hope to receive justice."

Demand, New York. 54 % the manufacture of Jyes and should, but with its rentiero Japan to study journalism, the It is said the same newspaper T/T Bombay ......... other trade products. This agree in 1918 the matter was put on a paper is alleged to have

and is now advertising to give, se Demand, Bombay... 1714 ment between the National Company and the French Gov-proper footing. Is was enlarged.nounced, they will study there for premium with each sznual anb T/T Calcutta.......

and ita connection with the War six months or a year, secure oription, a picture by well Demand, Calcutta... 17134 ernment has been completed by College became much more real. their diplomas, and then they known local artist who ordinarily Demand, Manila... 110 a commercial anderstanding be tween similar British and Italian the work will be taken up again, here in the country which needs sions. The subscription price of On Haiphong...... prem.

I hope that when peace cames can get $50-3-month positions gets $25 for each of his prodao Demand, Singapore. 984 This understanding

The offer was the paper is very much loss than On Saigon............... 334% prem, will be warried out by the dociele because it is of the almost im them so badly.

On Bangkok '......... 66 3⁄44 Sovereign Interallies des Matieres Calo porispoo. This is a question of open to all studens, without re-that-N, O. Daily News.

....... 8.60 past history, but we are making|servation. There were ́examins- rauter, which will be compordal bistoty now--(obeera)and tions to be passed, and the 10

Gold Leaf, per.of.... 51.00 Bar Silver, per o... 34 Vý of representatives of all three the new generation in the Navy students who passed with the companies.--Times.

will find an inexhaustible vapply highest honours wore to be the Bags are now being imported SUBSIDIARY COINS, of material for study and thought, lecky ones to go abroad." There from China, where they are bought I am not letting put an offcis! was a nominal fee to be paid, of for six contaa dcern. Apparently secret when I say that the Admir- asuras,--$3 ne a deposit. - thể? "American hen, without a Mejor - Dickens, son of Mr alty within, I think, two or three || There is a certain lure about protective teriff, is unable to Chinese...20 cts. pieces 10% dis. Dinkuns, KC., and grandson of days of the declaration of war,* journalizin" that is always, at- compete with the pauper pallet of Chinese...10 sovelist, has been killed in encoeeded in obtaining the ear tractive to the youth of all, cous- the Orient-Nashville Bothers Hongkongz ota pieces

Vices of Mr. Jallan Corbett na the trian, bas considering that Lumberaman,

Hongkong10

inaterial machinery

Concerna.

Dickens' Grandson Killed.

Eggs from Chica.

•

BUYING.

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

2/4 7/16 ************* 2/4 9/16

2/4 11/16 2/4 11/16

56

30 d/s Sydney & 30 d/s. San France jisco& NewYork,

4 m/s. Marks

Me:bourne.**-*-

......Nom.

DISCOUNT PER $100:

Nom,

CHINA PROVIDENT LOAN AND MORTGAGE-

The Offer of

TRUSTEE EXECUTOR OF WILLS, ATTORNEY, 86, Undertaken and Emechind.

SHEWAN, TOMES & Co..

General Managers. |-

MITSUBISHI COSHI

KWAISHA. (MITSUBISHI 00.)

COAL DEPARTMENT,

SOLE PROPRIETORS OF TAKASIMA, OCHI, MUTABE, KISH- IDAKE, YOSHINOTARI, MOJO, KAMA- ZUTÁ, SAYO, KANADA, SHINEEW, KAMIYAMADA, DIBAJ and OYUBARİ

Čelkeries."

Agent for B&KITO COAL.

HEAD OFFICE: MARUNOUCHI. TOKYO.

BRANCH OFFICES :-NAGASAKI MOJI, KARATSU, WAKAMATSU. GIAỀU KHEOEÁN HAKODATE KOHE, ÓBÁKA, KURE, TOKYO, YOKO. | HAMÁ, NAGOYA, TBÚRUGA, VLADI- VOSTOCK, HANKOW, PEEING, LON. DON, NEW YORK, SHANGHAI, HONGKONG, HAIPHONG and CANTON.

RESERVE FUNDS:

Sterling

£1,500,000 at 2/-

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

$33.000,one

Reserve. Liability of

Proprieture...$15,000,013

COURT OF DIRECTORS,

Anton, Eg

W. L. Pestenden

baresan.

5. H. Dodwell, Fag. Leputy1 bairman

G... Zakim, Zec.

11. Jubbay Kag

Hon. Nr. P., Hoyosk.

J. A. Jummer, Eig

Lou, Mr. K. silin.

LUI MASADER

Hoa_hong-N. J. Bush Eng.

MAXADER

Phanghai-A, G. Nephen, Esq; London Bankars-Londos Couply and

W'enciamer. Limited.

Hongkong-pb Allowed

On Current Accounts at the rate of 2 per cent.

Manum on the daily balanČA.

ON FIXED DEPOSITS. For 3 per call you Lhasa Por 6 monika per cent, per Ensem For 11 months, & per cash, per MARSH

N. J. STABB.

Chief Manager

HONGKONG SAVINGS BANI

THE FUNcess of the above Bank is undocad ky the HENCKONG A HANGHAI BANKIN

ORPORATION, Rules may be obtained us spplication: INTEREST on deposits fa allowed on the mia. Imam monthly balances at Sɔi per cent, per annum.

Depositors may transfer, at their option, balances of $100 or more to the Hoogkong and Shanghai Bank to be placed on FIXED DEPOSIT N 6 pm cent per acum.

For the Hargkong and Shanghai Banking Corpor time.

N J. STABB;

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

incorporated by Royal Charter H

HEAD OFFIDE>LONDON, Paid-up/apital.

00009 Bewerve Fund..ESTOR, DER Reserve Liability of Proprietoril, 2000,000 FOREIGN EXCHA`GE and Ocstral Bankier

business monacted, CURRENT ACCOUNTS opined and, FÉKEK DEPORTS received for 1 year or shorter perioda, us rate which will be ysound on application,

T. C. DOWNING,

Manager Hongkung, 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

и

****** 1.125.00

342,500 $50,000

BANKERS: The Bank of Englan The London Joint zock fisk, Limited.

BRANCHES

Bombay

Calcetin

Colombo

Delhi

Galis

Hongkong

Howrah

Kandy

Port Louis (Maurition.}

Karachi

Koue Cham

Kwalk Lamp

Madras

Panning

Rangoon

hangbal

Lingapore

PONCKONG BRANCH,

Every description of Beaking and Enchange business transactać.

Interest allowed on Corrent Accounts as per c per annus on Daily Salances, and on Find Deposit st race which may be ascertained on application.

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE:

55, Wall Fo, New York.

LONDON OFFICE: 36, Bishopsgam, FC. CAPITAL PAID UP......$3,250 000 RESERVE FUNDS........$3,628,000

it

U.S. GOLD

BOMBAY CALCUTTA CANTON CIBU. COLON

HANKOW

BRANCHEA

...$6,878,000

HONGKONG PEKING.

KORK

LONDON

MANILA

SAN FRANCISCO SHANGHAI

SINGAPORE

MEDELLIN FIENTSIN

PANAMA

YOKOHAMA

་

Through its close affiliation with The Nationa

Cable Address :—"IWASAK}," Codea: Al, A.B.C. 5th Ed., Weet- City Bank of New York, the Bank is able wanffer cha

er Union, and Bentley's.

AGENCIES:-

CHINKIANG-Messrs. GEAR-

1 Bervices of slam Huanches of that Inacitwilon in Cabe

and South America, namely :-

BUENOS AVRE HAVANA, MONTY VIDEO, RIO DE JANEIRO, SANTIAGO, DE CUBA,

TANTUS, SAO PAULO.

All kinds of FOREIGN & LOCAL BANKING

transacted.

ING & Co., MANILA-Messrs. MACONDRAY & Co., SINGA-CURRENT ACCOUNTS opened and FIXED PORE Messrs. BORNEO Co. DEPOSITS received at rates to be ascertained on LTD, GLASGOW-Meɛara. A. R. *ppilation.. BROWN, MCFARLANE & Co., LTD |

For Particular, apply to-

K. KATO,

Manager.

N, 2. MAMURALL

Manag

Hongkong, let June, 1916.

THE

YOKOHAMA SPECIE BANK,

Hongkong No. 2, Fedder Street, YOKOHAL

MARTIN'S

APIOL &

I Train Samady tapillomagudarities,

Marsters Pila Sai Livo jurman, Te that or the sak

MAETER, Chemiel, Beuthain geam,

MARTIN'S

THR ALEXANDRAL

-10% dis

Camst be Besten 1f7T

par

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000

Paid-up Capital Reserve Fund

14

30,000,000 20,800,000

Head Office.-YOKOHAMA.

and

CALCOLA

Daires

Nagmaakt

Now Yad Oka Taking

EISHI OKU MA

44th Sept