1916-12-15 — Page 9

THE HONGKONG TELEGRAPH, FRIDAY, DECEMBER 16, † 1916)

GENERAL SHIPPING NEWS.

Shortage.

́s Register and Tonnage trustworthiness and infisanos

There are other items in the re- The presentation to the ship-rort which indicate a pronounced ping and shipbuilding om spirit of sound progressivenem, amities of the annual report of reflecting the wisdom of the on

Maya Register of Shipping for mittes in the step, which it took contributes the gravent some three years ago, în deciding bibla emphasis to the abject, upon the adoption of a wider tilated in these polamas, on application of its resources and kao shortage of morosatile marine of more highly scientific partithe and of this year owing to par Bonnage, anys the Journal of cipation in modern shipbuilding Commerce. The statistice given methode and requirements. are perhaps more elcquent in abowing the position shat this nation is drifting into than the

commenta which accompany

While a larger amount of shipping shan has ever been d in the history of the my namely, 620 resale of 2,282,700 tonn, in at present under Harvey, it is to be remembered What by losses throegh submarine

Shipping Subsidies.

A Book entitled "Government

要

לי

HONGKONG SHARE REPORT.

5- BILLERS; BA-SALES; B-BUYERS; K.-NOMINAL.

OFFICIAL PRICES.

BANKS

Cantons

T.

$730

$400

t. 153

n. ex 75 836S FIRE INSURANCES. China Fires H.K. Fires.

SHIPPING.

REFINERIES.

BANKS.

BANK OF CANTON

LIMITED.

HEAD OFFICE HONGKONG

FOREIGN EXCHANGE and General Banking Business Trans- acted.

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

INTEREST OF FIXED

DEPOSITS:

For 3 Months 3% per annum

For 6 Months 47% per annum DFor 12 Months 41% per annum

LOOK POON SHAN,

Chief Manager.

NOTICE

NOTICE

$155 $375

b.

1.

$120) $211

&&& $14Ť

b.

$46

1047-

52. & n. $88

b.

$87

MINING

86-

b.

12114 $2.25 30%- 83/9

3.00 do 10

IL M N 28,48 23:

4.45 PM

„TANG FOR I

*

E

1.06 1

M

++

SADO SAMK) Là

NIGHT CARS:

$8514

DOCKS, WHARVES, GODOWNS, &C.

b. &.. t. 90 LANDS, HOTELS AND BUILDINGS.

EAK TRAMWAY' JO

LIMITED

TIME TABLE

H

H

#

鮮

xMxt

kai pail and a mara'no em NO 100 very kall koon

every quarter of an houta

SUNDATI

thejo de 10

+

H

005.) 14,20 1,18,19 te kan, NIONE CARE os on Yok Days

SATURDAYS

E.

D.

$101 $115 $97

MÊ LI D' EINDE VIGANS - 18.00 Mode 10 1:00 PM, 300 BAN 100 PAL, La Sver 2.30

b.

$6.80

售。

$35

£91

$85

COTTON MILLS,

b. b.

1573

t. 15

Ewoa Kung Yiks

MISCELLANEOUS.

n.

t. 6

Babes Car at 30 midnight) CEPECIAL CARI

By Keringmast at the Campery's Offes, "Alveondra Babaligt

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

...TION. Paid-up Capital $15,000, RESERVE FUNDS:

Starling un

.

€1,500,000 at 21-

-$15,000,000

Silver ...$18,000,000

$35.000,00

Reserve Liability of

Proprietom...$15.000,008.

COURT OF DIRECTORS.

Hao Mr. C.X A

7. H. Dodd, Bag. - Depiety i baling

Q. 81 Qubory, J.

Hon. Mr. P.

Hetroak

3. A. Plummer, Zag:

Kon. Mr. X, Shailing,

Hoago. J. Bexley Bop,”

MANAGER Shanghai-4. Q. Boopben, Kaq. London Bank-Londe Operty and Wattminster, Limited.

Bongbong-Lawant Altovads⠀

On Current Accounts at the rate of 3 por COL

Beness on the caấy mhace.

ON FIXED DEPORTI

For 1 months, 3 par cats, per awem.

- 4 months de per cent, per arm

For a manche, 1 per cent. gar vata. N. J. STABB.

Chief Manager.

HONGKONG SAVINGS BANT.

TEE Business of the above Bank la Conducand by the HONGKONG A P SHANGHAI BANKING CORPORATION, Axis may be obraised.

ILTEREST, on Aucoin Selicatio:

16 allowed on the intha.

tak monthly balzacie at Sok Dar Ones par PINE.

Depositors may transfer their option, indumens

of $100 or more to the Hongkong and Shanghet Bank to be placed on FPIED DE PORT

ent, per antram

For the Hongkong and Shanghai Banking Corpora

N. J. STABB

Chief Managar,

THE CHARIFIED "BANK OF INDIA, AUSTRALIA AND UHINA.

De Tory Band, - 1*Samson and prich tickets avaliable for all car

sot already full, running at the time stated in the Company's love tables, but not 'ise speciel curs. Cala be obtained on application at the Company's Dicken No Basson Licket will be issued until periment these for bez been made in Bank Kotis os by.. Chng na dr Comprador order representing Bank Kors"

Japanese Coal for Austerlin, the aggregate capacity of the life- According to the "Urška Jiji, konata ezosed a certain amonat. the Mitsui Busan Katalin, a fow The regulations in regard to, the days ago received information stowage of the boats provide that from Australia that although then boats will be allowed to be cost strike promised to terminates slowed in more than two vertical shortly, there was little hope of tiers on sny ship of which the supplies of coal to geners keel was laid down after January Banks steamers being resumed before 1, 1916, with the exception of any

particular case where the appli- MARINE INSURANCES. chases by the British Government, ace for launching the boats North Chinas The Oaks paper learns that the appear to be of such shigh order Unions Mitsui company bas socordingly to smit of this arrangement, Yangtazes decided to ship Japanese coal to This decision will seriously a mest Aid to Merchant Shipping pab Australis for supply to Japances the design of vessels carrying a liabed by the United States Do and other steamers now docked large number of passagers. ODI in Australian - ports and in in result of the new life-caving partment of Commor, gives som negotiation with the Nippon appliances rales har, in many interesting details of the subsidios Tusen Kaisha, Yamashita Kin cases, been the addition of a Douglases paid to various shipping om Kaishs, and other steamership extra supersizce are deck said. Steamboats panies by their Governments.

companies concerned.

ships, on which the large number Indos (Def) The United States, France, Italy,

of buts required could be dos (Pref.) Austris-Hungary, and Belgiam

carried; also extra bist platforme

Shans The Belgian Lloyd, lack, restrictions on shipbuild- have long reserved their coasting

have been fitted, around the

Forries ing output and excessive deprecia- trade for their own vessels, Japan

masta to provide storage for the One of the first examples of so Aion, the British mercantile fl set is [dopted the policy in 1010.

Even with these ex- Sugars behindhand to the extent of More Russia had reserved it for sende in

effort to interpret countructively boats.

Malabons greatly Xhan four million tons sinds the the same sea, but in 1897 she the recommandation of the pedients, matters are still

the facilitated by carrying some of outbreak of the war. It will, extended the policy to make it Economic Conference of therefore, he readily perceived applicable to the trade between Allies which met la Paris is the boats in tiere of three. Ons Kailans that the immense increase of Russian perts. The policy of afforded by the rise of the Belgian of the other conditions under Langkats

Royal Lloyd, a great shipping which boots must be carried, as Rambs e vessels under survey by Lloyd's reimboring canal dues THI

in oliefy represented by foreign instituted by Bumin in 1879, has corporation which is now so laid down by the International Tronohs countries who will become formid been so extended that it provides merely in existence, bat is about Convention for safety of life at Urais able competitors with the ship- for the reimbursement of the fall to engage in an efart to fill the provide that arrangements ping of this country. Recent amount of such does paid by gap left in Indian shipping by should be made for transferring a

tatements, which we have been Russian steamers trading to or the disappearance of the Eanes fair numbers of boats from one H. K. Wharves Able to publish on well authenti- from Russian poria in the Far Line vemals. The firm out of side of the deck to the other, Kowloon Docks b oated evidence of shipbuilders and Eset. Between 1879 and 1906 which the Belgian Lloyd has which entails the provision of Shai Docks shipowners, show conclusively the Russian Government wascell- grown was founded in London number of clear deck space right that the hindrance to mercantile ed upon to reimburse 9,000,000 by two Belgian refugner, M. Macrom the ship. Since it will be

dues Brys and Hilsen. With the gold difficult, or practically impossible, Centrals shipbuilding in this country in roubles on Soek Omanl largely due to drift and meddle, alone, Austris paid the Sus they brought from Belgium to have the boat deck clear in H. K. Hotels

they had

acquired, by the way of the engine and boiler Land Invest. which bare-set in through the Canal dues incurred by the duplication of Governmental de steamers of the Austrian Lloyd date of the appearance of casings, skylights and simila H'phreys Est.

1915, fittinge, it is quite certain that all Shai Lands

K'loon Lands partments and officials, and the Steamship Company, of Trieste, Lloyd's Register in stsgusting and confusing effect Sweden is slao undar obligation 27 steamers. In the Register for deck houses on the decks on which West Points in such sa to threaten serious to the Swedish East Asiatic 1916 they are shown as owning 38 boats are carried must be done. ships. By a Belgian law of July away with. This constitutom very national interests. It is hardly Company to pay up to 50 pe to be expeated that in this official cent of these dues till the end of last the vessels were transferred real drawback to the strange report a body like Lloyd'a ́ Regis-1917; France also undertakes to the Lloyd Royal Belgo, pɔssessments in a ship. When proposa Shai Cottons .b. & fa, t..12). ter of Shipping should deem it to pay those incurred by the ing a capital of $2,000,000 which boat, arrangements are being any Cottons their function to expatiate upon Compagnie des Messageries Marii to be supplemented by a Gor examined by surveyors for new

capital subsidy of ships, they insist that the lowest-p this question, but the report times, whilst Italy is responsible erament points out that merchant ship for the Corinth Canal dues paid $4,000,000, of which 81,000,000 of two boats should not be pre- Borneos building in the United Kingdom, by the Bodiets National di Ser- has already been advanced.vented from fating off the deck China Light & P. b.

been provided the gripen sie cant cff. Providents while being seriously restricted visi Maritimes. Austria began Graham and Co, hare by the necamity of the the policy of granting loans to appointed the line's Indian agente To effect this the bearers of the Dairy Farms

Green Islands Froduction of

vessels, shipping at low interest or free and a vessel is already on its way apper bost should only be K. Electrics and the output remains far below from interest. The only instance to India to commate the task of arranged in sockets on their sup: H. K. Ice Co., ̈that of normal timet, The report of wack loan by the British undertaking all stát abipping ports, that they ould be lifted Rone Ice Co.,

goss of to point coithat in neutral Government is that to the Canard business with the Contizens of vertically while not having any Steel Foundries D. countries, particularly in the Company under the mail and Europe which the Hansa Line motion in the horis tal plane. Trams, Low Levels. United States of Americs, every Admiralty contract of 1903, in formerly did through Belgian This is facit admission that in Trams, Peak, old

mainly effort has been made by means of connection with the Lusitania ports and

the cats of damage to voorel it Trams, Peak, new a will usually be impossible to Laundries the extension of existing yards and Mauretania. The granting Antwerp. Bachange.

launch all the boats by mesos of U. Waterboats End the erection of new outa blink- of postal or mail subvention is

the davits before the vessel ainku, Burmeister and Waing zoth

Watsons ments to cope with the inorees in more general use through-

Farther evidence that his opinion WR Powells ing demand for tonnage. Ap-out the world. Great Britain parently in this country so was probably the first to adopt The East Asiatic Co.'s motor is held by the Board, in to be Morning Posts

found in the notice issued to special effort whatever, is being, this

1838. io

The ship Paro, which is now on I made, and we believe it is the United States followed suit in voyage to Australia, via South Owners and masters of passenger honest conviction of the majority 1847, France in 1881 and in 1888 Africs, is the latest versel of that Taala by the Board in regard to **of shipbuilders and shipowners Germany entered into her first type which Mesars. Barmeister special precautions to be taken by

that the situation sin only be contract with the Norddeutscher and Wain have launched. The them when their ships may be in Share and General Brokers, rescued from a paralysing and | Lloyd. Grants are made not Pern is the 20th vemel launched danger 20e. In this notice the Dolopar-like grip of red saps by merely 'to sosist in the establish by this firm. She is sister ship Board states that additional the appointment of an experienced ment of a steamship line merely to the ma. Columbia and life-saring appliances should and along man to the position of for the line's sake. They achiara China and has the following be provided. in the form af Minister of Shipbuilding. We more purposes than one: Primarily dimensions:-

apparatne slowed on deck no make no apology for again return- | intended to encourage the main Length between

to be readily got off into the ing to this argent question, be tenance of fast "mail" services on perpendiculare 425ft in water, or spparatus which would - cause it is clear to us that the regular routes these subsidies! Beam...

55ft Oin float off the ship's deck on her T/T ................. consening of opinion of ex-farmisha motive of maintaining Depth...

30ft Bia submersion. It would appear Demand perianced practical shipbuilders the fastest possible communion Dranghi

28ft 5in that the Board of Trade in begun. 32 dia. and shipowners · show that tion between a mother country D. W. capacity 9,500 tons ping to sypreciate some of the 60 dia.

·413/14-- there is anch

She is a twin-sorow ship, and disadvantages and drawbacks of T/T Shanghai... enormous and her colonies. Another object

existing achieved in the provision of fitted with two six-dylinder main the boat arrangements as they Singapore margin ander

controlled system, of waste Tools suitable for auxiliary engines, developing in total exist in many steamers to-day T/T Japan in energy, material and organis- cruiser and transports in time of 3.100 ib.p. at 125 revolution disadvantages that have been t/r India....... 1774 tion, which, if arrested and oon war, whilst the fostering of do- per minute, which gives the patent for some time past to ship- Demand, India .... 177 34 varied by a master hand into the mostio shipbuilding industry cen ship a speed of 1115 knots. Owners and shipbuilders. It is T/T San Francis-1

56.34 co & New York/ rightchannels, would greatly sug. be acquired by the obligation that Farther, the ship has three tow perhaps set too mush to hope, ment the output of mercantile such subventions are paid only cylinder auxiliary Diesel engines, now that so much experience has TIL JAYE 137 tonnage at a time when it is for domestic built ships. Ger- each developing 90 bhp. at 300 been obtained with the actual E Marka ....................... Nom. obrions the vital interests of the many and the United States have revolutions per minute, directly working of the new boat arrange Demand, Paris` ..............5.32

TIT Francs

.3.31 nation demand such an increase, extended their fomncial aid to coupled to dynamose for produs ments in practice, that some more Haring referred to this aspect shipping to the form of mail tion of ourrant for working all effective regulations will be of the report of Lloyd'n it is s] subventione, although it is the auxiliary machinery, cargo devised. Simple rafta which can 4 m/s. LJO source of gratification to note that admitted that the Ham-wincher, anchor windlasses, be made to float of the deck are 4 m/s. D/P this year gives proof of a mach barg-Amerika Line has received alooring gear, and for electric as effective sa soything for life 6m3."L/0 larger and

more pronounced little or no benefit from such light. In the engine room is fur. saving purposes, and permission 30 d/s Sydney * 2/5 11/16 world-wide in flaence of the society financial help. France, in 1881, ther installed across tube boiler, should be given to carry them in sodnice

Melbourne, than it possessed hitherto. An instituted the system of paying with a beating surface of about place of at least some of the large abundance of the new neutral general bounties to steamship. 199 cabio feet for besting pure number of boate now married. sonnage is being built under their lines, and has made more ezien- poses and for production of steam Exchange.

· survey, and this will be highly sive use of this system than asy for a steam-dríwon auxiliary, air antisfactory to the shipowners of other country. The beneficial compressor. During her recent, this country, who will know that results, however, are doubted, trial trip the speed was mesenrod they will not have to meetartificial Italy, Austria-Hungary and Spain over the measured mile to be at advantages in neutral rivalm. In followed, but with indifferent an average of 12 74 kuote at 3,685 the United States of Americs success, Japan furnishes the .b.p., and 139.3 revolution per ceptional developments bave outstanding instares in justifie- minute. During a four hours con taken place, and, we believe tion of this form of subsidy. The sumption test the consumption of that nearly the whole of the deep growth of her merchant marine fuel oil proved to be 144 8 gr, per vesels are constracted during the last thirty yours isp. hour, including the fasl oil 'minder the society's rules and re-eléquent – testimony thereto, for auxiliary motor. The fuel sil alations. Moreover, in regard Germany has favoured, the Gawas Bornra arada ail of a heating

the

form

| |

Motor Ship.

A+

**

*

through

So the questions of load-line and man Levant Line, and the Giarmon value-of:18;000/htm balkbendo, which had besome] Euas African Lines by menan Stowage of Ship's Ba Sanmines of furonor" importeuns | lower rali rúton. Back lingeretising. The regulations for "Sefore she war, the Called States, serve a double purpose. They appliano imed by the Board

hrough a gonuferiore of repre- enable German manufacturers to pf Trade: stipulate, for sentative safpballden and ship. sell their goods, at low rates in going siasmgen, that bos

waste in working in close the countrise served by thote mods „be provided for demony with the representatives | Lines, and inocense the trafio of | total number of persona on bo

lil sneh." preferred steamship pom-sith Kariber pepof of itsɑreo

n.

D.

JOHN D. HUMPHREYE & CO.

THE

CHINA -PROVIDENT LOAN AND MORTGAGE CO., LTD.

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

Advsbona male on Morelandien. Los made on the Provićmi Byıdam. CRace and Particulars on application).

The Office of

$1.76

b.

$8,85

The

$25)

b.

$11.75 $53 $160

$934

Lomma on Mortgage of Flone Property Goods received on Stomp

$7.00

$10

b.

1.

$17,00

b.

$5,80

b.

$2.35

n

$19

CORRECTED TO NOUR FRIDAY

DECEMBER 15, [146, -

BENJAMIN & POTTS,

Princes Building a

Tel. address: Broker.

EXCHANGE.

SELLING.

2136 2/4 11/16

2/438 2/1 25/16 Nom.

10144

111

BUYING.

2/6 7/16 2/5,9/16 2/5 11/16

isco New York

38

4 m/s. Marke ......Nom 4 m/s. Franos ......3.48 44 · 6 m/s. Franca ... .3.48 4 Demand, Germany..

56 34 The Lashsikal Affair.

TIT Bombay Demand, Bombay... 177 4 conference on the Lobskai affair Demand, Calcutta... 1774

Poking, Dec. 8.A further TT Calcutta.......... will take place at the Waichisopu Demand, Manila proceeding smoothly, though On Haiphong 31 prem. to-day. The negotiations are Demand, Singapore, 1017- nothing definite can get be on Saigon 3 prom.

On Bangkok...... 64 14 to most having Bevansige rom 830 Nom. (to maintain mizici neorocy. Gold Leaf, per om........... $149. 16k untiafactory tos nela, how- Bar Bilver, per of ́avar, that aeroral of the pointe

1134

at _int____appsend_mon} SUBSIDIARY COINS. difficult have been succeed ally some, The French Legation

ɑby the new?

DISCOUNT PËR. 8190

TRUSTEL EXEL UTOR OF WILLS, ATTORNEY, &c. Undertake and 12anted,

SHEWAN, TOMES & Co. General Managers.

MITSUBISHI GOSHI.

KWAISHA.

(MITSUBISHI DOJ)

COAL DEPARTMENT,

SOLE PROPRIETORS OF

TAKASIMA OCHI MUTABE, KISM- IDAKE, YOSHINOTAMI, «NOJO, MAMA- ZUTA,-SAYO, KANADA, SNIKKEW, KAMIYAMADA, MIMACHBE OYUNAR

Catllerfes.!

Agent for SAKITO GOAL.

HEAD OFFICE:-- MARUNOUCHI, TOK YO.

BRANOR OFFICES 1-NAGASAKI MOJL, KABATSU. WAKAMATBU, OTABU, MURORAN, HAYODATE. KOBE, OSAKA, KURI, TOKYO, TOKO HAKA HAGOYA, TSURUGA VLADI. VOSTOCE, HANKOW PEKING, LON DON, NEW YORK, SHANGHAI, HONGLONG HAIPHONG HÀ CANTON.

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

+

Incorporated by Royal Charier 1953- BEELD OFFICE-LONDON,

Paid-up Capital webcommT2.000 Laserve Fund OO,DO Kaseya Liability of

£50,000

FOREIGN · FECHANGE and Green Bunkies

badiness tranFACINŃ, CURLENT ACCOUNTS- opened and FXE? DXPOSITE received for year or shorter perioda, sa

which will be quoted on application,

T. O. DOWNING,

Manager Hongkong, lith. April, 1942--

THE MERCANTILE BANK OF INDIA, LIMITED. Head Office 15, Gracechurch Street, London. Authorised Capital £1,500,000 Subscribed

Paid Up

Beserve Fund

21

H

***** 1,125,00€

BANKERS:

562,500

£50,000

The Bank of England The London Taksa Stock Bank, Limko

#BRANCHE

Bombay

Calcatta Colomba

Drin

Galle

Hongkong

Hawzah

Kandy

Port Louis (Mansilina)

Kareb

Kota Bhese

Kunin Lamp"

Madras

Penang

Rangoon

Zingapore

ROCKOG BRANCH,

Every descriptios of Banking and Exchange business transaciad

Interes allowed on Current & conunta si a DOR per nonum on Jelly Balances, and on Find Bu strains which may be nacurtalond on application.

O. CHAMPKIN,

Acting Manacor,

INTERNATIONAL BANKINO

CORPORATION.

HEAD OFFICE:

43. Was E., New York.

LONDON OFFICE; st.. Blibopsgate, E.C CAPITAL PAID UP $3,250,000 RESERVE FUNDS...

.....$5,931,000.

...67.181,000

#

US. GOLD

BRANCHES

HONGKONG PEKING, KOEK

SAN FILECLICÓ LONDON SHANGKAL MANILA SINGAPORE MEDELLIN TIENTSIN PANAMA YOKOHAKA

CALCUTTA BOMBAY

CANZON CIBU. COLON

BANKOW

Through its gloss afiliasion - with The Madiona City Beak ofwan Tan, the bank tá anti to whom the Services of the Broches of that Imvutistaion in CAN and South America, Manoly Zom

MHIA, BUENOS AIRES НАТАША. MONTEVIDEO.. $10 DE JANEIROS SANTIAGO DE CUBA, SANIDU SAO

AGENCIES :- CHINKIANG----Messrs. GEAR- | PAULO, VALPARAÍSO, ING & Co. MANILA-MOBBES. All kinds of FOREIGN & LOCAL JANKING. MACONDBAY & Co., SINGA-BUSIEZAS transacted

CURRENT ACCOUNTS openeiland FEED PORE Messrs. BORNEO Co. DEPOSITS raced at rates to be machtained or |LTD., GLASGOW—Heath. A. R. application.

N, E. MARINALL. BROWN, MCFARLANE & Co., LTD.

Hongkong, 26th September, 1916.

For Particulars, apply "to-

K. KATO,

Kanager,

THE

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

MARTIN'S DA

APOLLI

LIMITED

Established 1880, Beru

Paid-up Capital

30,000,000

Reserve Fund

20,800,000

Authorised Capital Yen 48,000,0004/

Head Ofoe.-YOKOHAMA