1916-11-29 — Page 9

Hongkong Telegraph 港電新報 士蔑新聞 All

THE HONGKONG FREEGRAPH WEDNESDAYA

COMMERCIAL

In Japaş Rica.

|

400

to

NEWS

Indigo Forecast.

Victoria (Malaya) Rubber.

HONGKONG SHARE REPORT

---SELLERS; 8&.———-BALES; BUYERS: N--NOMINAL

2018. LIFT

BANKS

BANK OF CANTON

LIMITED,

·HEAD OFFICE' HONGKONG

FOREIGN EXCHANGE, and General Banking Business Trans soted.

.

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

INTEREST ON FIXED ·

DEPOSITS:

OFFICIAL PRICES,

BANKS

8740

$400,

D.

The

t. 152 $950 nå er 75 8235.

For 3 Months 3% per annum

$16) 8387

SHIPPING.

b. & ea. $121

For 6 Months 4% per annum- DFor 12 Months 4% per annu

LOOK POON SHAN

$138

b.

$18

Da

108- $38

REFINERIES.

$ $129 $57

MINING

96

· ទ $2.75

i dati be save

B3/

Bratës last: yöar was only $87,

Boom in Cement in Japan, 397,300, against $57,630,00 in

Bison the war, the cement in- The rios märket lately has been 1891, the record-bémking-year Calonita, October 20,-- The first, dustry of Japan, hus ben very on the up grade in-Japan. It for silver. This fact in the more indigo forourt for 1916-17 issued prosperous on account of the in- Will be remembered that the marked because the value of silver by the Department of Statistics, crease in demands, both foreign sound official forenant this year | per ounce bas undergone a pro India, states that the total_sres] and domestic, and ruling prices prediated the abundant crop of nounced increase during the in sown is estimated at 625,900 are about double pre-war quota- 68,000,000 koku. The weather, tervening time. Gold production, sores, sa increase of 141 per cent. tions, says the Japan Chronicle Banks howers, has been univourable, both in America and abroad, bas on last year, which is generally This prosperity has led to projects and the harvesting has socord-made very rapid growth. In the attributed to high prios cf in for reinforcing manufacturing MARINE INSURANCES. Jugly been delayed, that it is 25 years since 1893 more gold i dipo owing to the war. As cóm», rquipment. The Nihon and Cantons expected that the actual yield will has "been producsd then in pared with the Eual Agures of Kiwakawa Cement Companies North Chipas #fall short of the farroist: The the

Unions yours preceding.isat your (314,300 acres) the pre- bava decided to double their delay in harvesting hur had the Prior

- that year the ment estimates show an adrance equipment, while the Sakura Yangtszes effect of facilitating the disposal world's production had seldom of 99 per cent. All provinces show Cement Co. intends to-tre bla FIRE INSURANCES——— of old rise, which hand to high exceeded $125,000,000 a year, an increase in the area wow, the its output. The Amand Cement China Fires prices being expected for new rice, bas in 1886 it mounted to 8202,- largest incrsees being in the Os.. also, has a plan under H. K. Fires Farmers generally hire their 000,000, in 1908 to $327,000,- United, Provisoms and Madras, consideration to

icareses its praksts pretty fali with increased COO, in 1008 to $402,000,000 and The season haa, on the whols, equipment. The Nihon Olimo- | Douglases. extra incomes from uriculture in 1914 to $406,000,000. The been favourable except in Madras Karba – hus increased : ita Steamboats and other side occupations, and yet higher production of 1915, end the sastera districts of the cupidity for making camest from Indos (Del.) are in no hurry to barter their not as yet socurately completed, United Provinos La Ibear 200,000 to 700,000 barrels a year. indos (Pref.) new rice for ossh, sayatha Japan | comes by reason of the hoary tracts the crop has been adversely Other cement companies much as Shells Chron.cle. In these circumstan-output of United States mines and affected by beavy rainfall. the Onoda and the Tous will also Ferries Agatha rice market has Intely unusual activity in the mines of

| follow the general example. Is *bres tending upwardı, sad on South Afrion. More striking in

addition to these, wholesale Sugars November" 6 quotatious in the E way than any of these

projects for reinforcing equip, Malabons Osika. Dojims market advanced" récords is that ortablished

"ments," the "prosperity in the by about 50 ser, T1121 being in reptet to gold import

cement industry has given rise to | Kailans quoted for this month's delivery, to the United States for

The report of the Victoris the flotation of new dement was. Lasgicats 1.1839 for next month, and the fiscal

year just ended. (Malays) Rubber Estates for the afacturing companies. Particulars Raubs -Y16 93 fɔe fèrward. And even The met importa for aba then the market has amill firmer year meaning the sxoom of im Tear ended 30th June, 1918, states hav zroently been annostood of Tronos tans. Compared with the lowest portal avar exporta spproximately tbs, against an setimate of 29,000 Cement Co. with a capital of

that the drop, harvested wa- 71.500 the establishment of the Teikoke Urals forward quotation in 'December i $300,000,000, against tha 1914, present quotation shows an former high record of $105 lbs, and a yield in the previous .2,000,000 in Tochigi prilicofuro advanos of no less than 1.6:33,000,000. Students of soonomics year of 19,052 lbs. The grom and of the Toro Cement Co. H. K. Wharves b.

and finance will and much food price realised was 2 8 Ild ospitalised at Y.1,000,000 in Kowloon Docks b. && $129. for sindy and debate in these par Ib. Cost of production Negara. In Qeaks a new cement Shal Dock at 87

the” Amkip LANDS, HOTELS · figures, the Springheld free on board as port of ship-company called

AND BUILDINGS." ment, including depreciation, Cement Co, is in course of flow* * ** We have more than once (Mass) Republican. La relation to loss on exchange, do, is 0.62dtion, while similar projects are Centrals advised commercial firms to focus the high cot of living, especially per lb: after adding directors reported from Toyama and Byogo. H. K. Hotels. their attention on this promising they tell an interesting story fees, office expenses in London, It is estimated that when these Land Invest. place. Generally speaking, every How long is gold production, to thing is wanted here, and every-continue mounting upward, and freight, insuranos (war risk .47d projects for extension and flota H'phreys Est." "b. body auxions to buy, no matter what is the answer to the problems per lb.) leading and sale charges, lion of companies are completed, Kioon Lands

total cost

1 5281 per lb, the total output of cement in Shai Lands Commercial travellers connoted by this incre? 38,820.000 were barreated. Japan will be double that before West Points arriving here, bringing with them | Pittsburg Dispatch.

For earroot year the man- the war. The manufacturers haru atooks, large or small can clear.

sger setimates to harvest 146 already become kaosay about the Ewos La the same in the one of a

000 lbs of rabber and 50,000 effects of this increase, especially Kung Yiks few hours. The felare of Vadivostok is indeed bright.

coconuts. After charging De after the war, and this: rubject Shại Cottons benture and other intareet so came up for consideration at their Yangtszepoos revanus, the net profit amounts autumnal general meeting beld to £2,523. The directors recom- in Osake as the end of October. cial America (New York) az "ex: mond writing off from under They intend to hold special deptionally interesting in view of writing commision, Debenture meating in Diska at an early date the Kaushal counter-currents issued expenses and Debenture to go further into the problem. recorded and the reflections in the stock redemption account £1,390,

Vladivostok Trade Optologs.

what.

The port is open the entire Fear, an ios-breakers do a very good service. Of cours, without Banking facilities it is somewhat difficult to do a large inde with Vladivostok, and its back-land,

Roubles and Marks.

Daring the week ended Sept- ember 2, the foreign exchange market was described by Finan

shadowed rather than reflected the transcendest developments.” The must important political coup, the unexpectedly sudden inter Tention of Rumania on the ride

..

DOCKS, WHARVES, GODOWNS, &C.

$81

Chief ManagOI,

NOTICE.

NOTICE

PEAK TRAMWAY JO

LIMITED A

TIME TABLE. `

WEEK DAYS.

A NIGHT CARE

- Kate and 9 datų, 900 Pins 30

73 A

atno stal oscy bill kamer ILOS 7.1) 40 27-AS KAM ency quarter of an bosta *UNDAYS

1.00 am to 10:30 alm. Emory is Man,

123 AM M 1944 2006

KATURDAYS" AN IMCTAL 703

115023.

de Arrangement at the Compayz Obes, Almanded Bylldiagų,

D'or Kandj "Beason and panch tickets' avilable los mil cart cot already full vanaing at the time sinted in shi Company's fine' tablet, but not for special cars. Clas be abonać on application at the Compsty's Odory bio Banca Kichat" will be Soomed until payment chart- for bat bom made is Bank Rotu or by Cheque ON Compendo order repemanting Bath 2 vom "

JOHN D. HUMPHREYS & DO.

ITS BANKS

H

ONGKONG & SHANGHA

"

༄་ - སྟ1- སྟ

BANKING CORPORA

NATION. Paid-up Capital #15,000,000 RESERVE FUNDS: Sa Sterling S

£1,500,000 at 21-

****$15,000,000

Silver $18,000,000

$33.000,008

Reserve Liability of

Proprietors.$15,000,00 COURT OF DIRECTORS.

C. E. Anton, de

1. 14 Parmen Hog --CheTruck).

7. 11. Dodwal, Hog Dopery 1. Kačman

....Mv. 31. Shell.

CHEF MAXSUE ~Hanghongs~N... J, Stabi, Dog- Slaapzină, 9. Siapkan, Esq..

MAXAGER

· London Backerp-London Ocunty and -Waitminster, Limited.

Mingkang alabaresk Allowed i

On Ousted Accents at the rate of 1 per cam

Daman on the daily balanet.

OM FEERD DEPOSITE

· Phe 3 months, 2 par cunt, par mLEVEL,

For & zhanthi, 23 per cent, per AAMUL.

... For in monthų, 3 par bent, per massa. N. J. STABB,

Chief ManngDE.

HONGKONG SAVINGS Ban).

THE Busine of the above Bank Si qadrenoćby HONGKONGA RANGKAI BANKIDA,

4ORPORATION.

Roles may be obisimed on application, INTEREST an deposits is allowed in the. Matth. Lava menthly baisačné at Ezi pag cost, pe Depealtors may guslar, "ni Chalice opties,

of the ore in the Hongkong and Shunghat Wank to be placed on FIXED DEPOSIT = 4 dan peran DGD.

Lo

Fee the Hongkong and Shanghal Banking Corgan

N.J. STABB,

Chief Manager."

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Incorporated by Royal Charter 1815-

MRAD OFFICES--LONDON, Paid-up Capital

FOREIGN KICHANGE and General Banking bating trussected. CURRENT ACCOUNTA opened and XILEE DEPOSITH Ponivać for 1 year or shorter parladu, ut ⠀ ratus which will be quoted on applicacies,

T. 0. DOWNING,

Manager Hongkong, 11th April, 1912.

THE MERCANTILE BANK OF INDIA. LIMITED.

$101

$115

is Ma

$101

$6,90.

MIGHT CARI M

$35

B.

$86

COTTON MILLS.

B.

• "† 160 ... 1, 16 LIIS t; 6

8%

84,70

$8

$26

CO., LTD.

$11

$54

$160

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

".

$544

$934

Loss on Mortgage of House Property Be .Goods received of Storage

Paid Up

Advances made on Marchandise.

$7

$10%

Loans made on the Provident Frať, (alm and Particulars on appluation).

The Office of

$1.10

B

$17,00

b.

$6,80

b.

$6,50 $29

MISCELLANEOUS Borneos China Light & P.b. Providents Dairy Farms" Green Islands

|H, K. Electrics. Oustlag German Trade from

H.K. Ice Co India The Indian papers just rosived Ropes CoLtsin a report of a sparch destrel Foundries .b.

Trams, Low Level 8. livared by Bir George Bamen Trams, Peak, old b. the meeting of the Imperial Trams, Peak, new b. The Trade of Sumatra la 1915. Legislative Crancil at Simla on Laundries

apless on credit terms; but in

market of the ́atartling ́_now a dividend of 5 per cet, "less tax most instances solvent Russian phases of the European War." at 3a. 6d. in thè £ and to carry firms here are quite villing to pay cash on delivery At the matter of fact, the foreign-forward $125. time of writing the population is exchange market had fore well over 100,000, and is steadily growing... It is a modera towo, TATT

progressive and many

September 5, in introducing the U. Waterboats a hers believe

with- thi

Bill to prohibit or control trading, Watsons ££ in the next

youru

The British Vice-Contul at by hostile foreigners and hostile Wm Powells of the Allies, was "preceded by Medan (Mr. A. L. Mathewson) Brms, says the Times, Bir George Morning Posts b Vladivostok will be will up ia

an adrazos in Hussian exchange, half's million inhabluste. At first of a creeping, and after report that, notwithstanding the Barnes said that the principles agent writes that he can sell ward violent, character." Better abnormal conditions prevailing embodied in the Bill marked the CORRECTED TO NOON WEDNESDAY glayer, hosiery and woollen

ment in roubles really antedated in 1915, many business housed in change of feeling and opinion pires goods in large quantities, the announcement of Romania's the west coast district of Sumaira which had taken place throughout BENJAMIN & POTTS, and, likewise, ready-made suita

to join the Allies experienced a satisfactory or the British Empire. The policy Share for men and women. So-called It had been influenced by the Grest and isoressing difficulty of complete, elimination of Ger *American overalls" find a steady character of the war-zews gob-

and delay is naturally being 45 man tratting interests, which the sale. Likewise, any kind of farmerally and the prospects of farther parienced in obtaining supplies Home Government and the ing implements and sgricoltural and larger Russian credits in the from Europe and prices have Governments of the Dominion. enormously. The had each individually thought, machinery are in requat. Motor-

American market. It was claimed increased

enormously enhanced priose, from

the normal. For somas ime there

kinds of beltinge, especially

in demand is 6 inches by 16 in

ches." Interested maz:facturers should · secure · local agents. -*-*-* Kelly's Monthly.

decision

"

NOVEMBER 29, 1914,

and General Brokers.

Princes Building.

Teli address : Broker.

EXCHANGE.

SELLING.

2/31 2/3 11/16 2/3

171

BUYING.

4 m/s. LIO esrass, 4 m/s..D/P

2/47/16 2/49/16 274 11/16 2/4 11/16

*56

ico New York

lorries from three toni upward, that Russian exchange reflected enhanced prices, however, neossary for their protection, automobiles and motorcles in

an organised effort to improve its do not, generally speaking. seemed to the Government of any quantity would be imme-

diferent in form, but deter buyers, and those fortunate India to be doubly neceuary in T/T position, diely mapped up similar in intent to the arrange enough to possess slooks have India, for enemy trading compan-Demand arrival. Another agent writes

ments so successfully made to generally been able to dispose of and associations which were 30 4/4. that what Vladivokk really stabilise sterling exchange a year

them at favourable prions. It is not of a trading character had 60 d/s

2/3 14 wante... is respectabio COM-

One explanation of the booming increasingly diffouls alike been used in fadin for poli-4/.......... 2/3 15/16 mercial agents and commercial "go." British Arms to stablish show-rise was the beary transaction io, to get delivery of all kinds of tical ends. The most important T/T Shanghai... Nom. melves bare, and no doubt, the and great advance in, Russian machinery machinery sparescindison of the Bill was shoes II Singapore 984 fold is decidedly promising. 5% of 1926. About the middle many other articles. Although completely winding up enemy Demand, India.**.**

bonds, particularly the Internal tools, steal, general hardware, and which embodied the policy of T/E Japan. 1074 F/T India 170 H boads ogrtain classes of goods of Ger- firms and companies. Bader T/T. San Francis Everything is now wiling at

of Augart these were reported offered at #300 for man origin, notably cement and another class the Governor

544 each 1,000-rouble bond. From agricultural tools, continued to General in Council might canoe T/T Jav... 132 44

co & New York) has been a great demand for all that figure the price had advanc. be sold during 1815 the majority contracts and transfers entered T/T Marks. Nom. camel-bair, baltings. The width /ed about $40 à bọnd. Hablof snob goods gradually dis-into by hostile foreigners or by a] T/T Francs ...................3.19 a week before had been at 3180 Sppested from the market. Owing hostile firm, where it appeared to Demand, Paris.3.20 and 31.35. On August 30 they to the difficulty in obtaining goods him that the contract or transfer were quoted as 3450, and there from United Kingdom* mana-

was one which was injurious to were unconfirmed rumoara of an facturers, Japanese and American the peblio intareste GoCS WHI advance to $4,60. Subsequently, Arme, particularly the former, and made with the object of evading m/ LO

• reduction to 53 25 took pisos, doing a much larger business followed by a rally to 33.90: The with Samates than they did price any provision of the law. The 30 d/s. Sydney &

bill, he believed, had the whole- normal for rombles in about 61, so the war, Japanese firms have hearted support of the whole of 30 d/s. Ban Franc- Interesting facts relative to the Experts claimed 36 would not their exports to Bamstra of ench Indis, and he hoped that would 4 m/s. Marks

either introduced or increased the commercial community in production and flow of gold are be

Aigars embodied in a statement of the in the immediate future. While articles rubber o ba pared as an omirgeney 4 m/s. Frands 3:31 foreign trade departmat of the Bassian exchange had men, tes cheats, secilen vare, and measure as it stood. Suberquently 6 m/s. France3 36 National City Bank of New York, the 34.50 figure representing glass ware, ensmelled *** the rules of business were sus-

Demand, Germany.. which Ande from an enmination recovery from an exizams low rate tapping knivse scotia - neid, of official "fatintion that the total of 27 the mackat for reichsmark” / and mauntes, & larga incréass" pended, and the bill was pamag.-Demand, New York. 54 И

Another hall, to provide farther Demand, Bombay... 171

T/T Bombay -put for 1915, was the biggnet showed a new low record, Raiche ha reoently occurred in the on swoord, and also the the com- mark the work before had closed umber of cheap motor car power to prohibit or restist the T/T Caloutta bined vales of gold and silvert 7111/16 for, T.T. and 711 for imported into Sumatra; the deport and export of goods to and Demand, Calcutta... 171 from British India, was then Demand, Manila... 100 prodmoed do excesde that of any cheques. On September 1, marksmand for cheap cars good. Introd mood by Sir George Barnes Demand, Singapore, 98

flier your A farther striking were without bide as a nominal The local authorities are paying

is the increase of gold pro quotation of 691 for TT the increased attention to the roads and passed. He explained that on Haiphong. Sprem

it was sa urgent - war missure, On Baigon. 31% prom.: the United States, lowest in history. The normal both in and about Melso intended efectually to prevent On Bangkok ... 66 34 :** new named by passing pics of ratahumarks in 94 10s four in view of the development in m 1100 000 000 lips last your marke the decline, therefore, tor teslig, An Ingresne is to he beesme the aesond largest amounting to a deprecision of noted in the number of repress

producer in the world, about 27 par cent. The wank just Australis, leaving | expired - shown Soundinavian

The Output of Gold..

1.

unreasonable

Booth Afrips in the lead. kroner, down about 15 in the production of Vienna kremen about 18

United States now lower, guilders down a light liat, hawisg

fraption, sterling nachanged, and

frakós

ordinarily visit Bworth

to the

Melbourne ...

Nom

or indirent.

Sovereign TROUVERE 8.60 Nom

and

Gold Leaf, per ok... 52.61) Bär Bilvar, per on.... 15.5/16

SUBSIDIARY COINS,

Discourt FER $100 -

THE CHINA PROVIDENT LOAN AND MORTGAGE

TRUSTEZ, EXELUTOR OF WILLS, ATTORNEY, &, Undertaker and Lomeland. - SHEWAN, TOMES & Ura General Managers.

· MITSUBISHI COSHI

KWAISHA. (MITSUBISHI (O) -

COAL DEPARTMENT,

SOLE PROPRIETORS-OF, TAKASIMAKOCHL. MUTARE. KISK- IDAKE, YOSHINOTARI, HO20, HAWA- ZUTÁ, SAXO.KARADA, SKINBEW, KAMIYAHADA, BIBAI MHE OYUBAR..

Collision

Agent for SAKITO GOAL.

HEAD OFFICE ---- MARUNOUCHI TOKYO.

BRANCH OFFICES 1-NAGASAKI | MOJI, KARATBU,- WAKAMATSU, OTABU, MURORÁK, HAKODATE XOBE, ÓBAKA, KUBE, TOKYO, YOKO. HAMA, NAGOYA, THURUGA, VLADI VOSTOUK. HANKOW PEKING, LOX. DON, NEW YORK, SHANGHAI HÒNGLONG, HAIPHÒNG and САИТОН,

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

Head Office 15, Gracechurch Street, London.

Authorized Capital ...........£1,500,000 Subsoribed im

Reserve Fund

BANKERS:

1,125,000

562,500

150,000

The Bank of England, The London Joist Stock Duak, bdak ad

BLANCHES

Homabay

Calcuits

Colombo

Delhi

Hongkong

15.w

Kandy

Paet Louis (Mauritia)

Karach!

Koca Bar

Kuala Lumpu

Madru

Pang

Kangoo

tingsport

J

BOSOKONG BRANCH, Ky dancription of Banking nại Enchangt kusiomis sensacia

Interest allowed we Current à cements at și par ovat

| por neniess on Dally Balanca, nad-on That Dencat

at valm which may be ascertained on appliancion.

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE

35. - Vall Sty. New York.

LONDON OFFICE: 36 Blahopanzia, MG- CAPITAL PAID UP......$5,250.000 RESERVE FUNDS........$5,951,000

---$7,181,000

U.S. GOLD

BRANCHER

-ROMOKONG PREING.} /

KOBE SAN FRANCISCO

- BRANCHAS

KIMGATORK

BONRAS CALCUTTA CANTON CEBU. COLOX

LONDON

MANILA

NEDELLIN TERKIN

YOKOHAMA

BABKOW, PANAMA

Through-Its die sillation with The Wecke

w Babic nad Maw York, the Bank in abla tomber d Perion at the lineches of than Beocitadea în Căm *** Panda America, Mamely yo AGENCIES :-

“RAHIA, MUINOSA. AIRES, MATAMA MONTEVIDEOS KIO DE

JJAKEILOR CHINKIANG--Mesara, GEAR: SANTIAGO DE CUBA,KANIDI, . KAD ING & Co. MANILA--Moeurs, | | PAULO, VALPARAISO, MACONDRAY & Co., BINGA- Al kinds of VOREIGN & LOCAL BANKING PORE Mesars, BORNEO Co. CURRENT ACCOUNTS sposed" in FIXED LTD, GLASGOW--Mosaru. A. B. DEPOSITS Nucified na važne to be necesarek on. BROWN, MCFARLANE & Co., LTD

For Particulars, apply tom

K. KATO,

Manager.

#pplication.

3. 1. MARSHALL,

Hongkong, 26th September, 1916.

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

MAA MARTIN'S

THE

LIMITED

Established 1880, Authorised Capital Yen 48,000,000

Paid-up Capital Beserra Fund

"

130,000,000 20,800,000

Head Office-YOKOHAMA

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