1916-12-26 — Page 9

TELEGRAMS.

THE HONGKONG TELEGRAPH, TUESDAY, DECEMBER 26, 1916.

ater A

[Reater's Service to The "Telegraph."]

SUNDAY'S TELEGRAMS.

THE IMPERI L INSTITUTE.

December 21.

In the House of Lords, Lord Islington, replying to a question, said that the Imperial Institute aimed at being the clearing house for information regarding raw material produced in the Empire. He emphasised, especially the steps being taken in India to develop raw material. A large and representative committee had been appointed for Indis to inquire into the promotion of_inter-Imperial, trade, and had appointed a special sub-committee to investigate special trades. One of the main objects of inquiry was to find Im- porial outlete for products which formerly went to Germany, especially hides from which the best leather was produced. The committee had made great progress in preparing a ́scheme which it was hoped would remțit in hides being made into leather in this country more largely than before.

Lord Islington hoped that the Raj would largely con tribute to the Institute and that the Dominione would make larger contributions.

December 21,

Outlines of the Government', war work scheine are gives as follows:

All males between 17 and 60 are required to enrol be- fore Advisory Committees in the various centres. Then Mr. K. Chamberlain's department will decide what industries, apart from war work, are emential, and the proportion of workers they require. The non-essential industries will be ahut down. For instaned, the tinplato wade-it is not intended that tin plates shall be used any longer in packing tobacco, mustard and such like commodities. The skilled workers will be thus released for steel work. There will be a reglater in every locality of war, industrial or productive require. ments. Mobility of labour will be stimulated by the trans- ference of batches to places where they are urgently re- quired. Power will be taken to billet workers on private houses. The workers will be paid trade union rates, plus half-a-crown daily separation allowance where homes are divided, and railway fares. If the number of volunteers is insufficient. the Government will apply compulsory powers.

PRICE OF WHEAT TO BE FIXED,

Drosmber 21.

Mr. Prothero, President of the Board of Agriculture, has announced that the Government intends to fix the price of wheat at Gos. a quarter.

The Government prices of other products will be an

"nounced shortly.

Waste land will be used to grow fodstuffs,

THE SUBMARINE CAMPAIGN.

December 21.

The following sinings are reported: The spaniers Flimston and Blair Hall (Britiak), Taki Maru (Japanese) and Prima (Norwegian).

PEACE NOTES AND THEIR CRITICS,

London, December 21.

"Further German comment on Mr. Lloyd George's speech reveals contradictory views on Britain's altitude For instance the "Vossische Zeitung" describes the reply as a fat refusal, while the "Boersen Zeitung" says that the matter is still undecided.

R.me, December 21.

The entire press praises Mr. Lloyd George's reply on the peace question.

Ottawa, December 21.

All the newspapers praise the speech a inspiring greater sacrifice' and renewed confidence.

London, December 22.

The passage in President Wilson's note to which the greatest exception is taken here is the assertion that the declared objects of the belligerents on both sides are virta- ally the same. "Each side desires to make the rights and privileges of the weak peoples and small states as secure from aggression and denial in the future as the rights and privileges of the great and powerful belligerent States." It is everywhere asked when has Germany shown any regard for weaker States. It is pointed out that the actual evid ence is absolutely contrary, and the fact that President Wilson ignores this is keenly felt,

Paris, December 23. The Temps" says that President Wilson made a fundamental mistake in disregarding the essential fact that one side deliberately broke the peace, while the others did their utmost to safeguard it. Whatever President Wilson's in- tentions were, he ought to have foreseen the consequences of his action.

London, December 22.

The papers, reverting to President Wilson's note, em phasise the atziking unsaimity of the whole British prese comments thereon.

They consider that President Wilson and Mr. Lansing have done themselves less than justice.

The King's speech is regarded as an effective answer to the note, stating in simple and dignified language the up- alterable resolve of the Empire in a sacred cause,

-:

The London correspondent of the "Chicago Daily News" writes that the purpose of the note is most friendly to the Allies. President Wilson is seeking to induce Germany to etate her real terms, whereupon he will appeal to the people to join the Allies.

The "New York Times" says that President Wilson wrote the note with the object of getting light on Germany's real purpose, as & response to the Allies' known' advance.

The "New York World" states that if Germany resumes her ruthless submarine campaign the American people must decide betweep force and peace at any price.

New York, December 23

There is a feeling of bewilderment bordering on indigna- tion, especially in conservative and financial quariern, at the effects of President Wilson's note, upsetting the market and making a mournful Christenss for tens of thousands of hitherlo prosperous Americans.

The motives for Prendent Wilson's note are the ab sorbing topic of the country, Mr. Lansing's commente only increased the mystification.

The "Tribune" states that. Mr. Lansing's "verge of was? remoukseenott wholly tëxhaförms the daracter of the President's action. Neither Predam Wilson nor Mr. Lansing, can now refuse to explain who in threatening the United States," -

The "Button Transcript" says that the effects of the unfriendliness, which President Wilson's nole, will generate in the Entente will plague the people of the United States so long as Wilmon is Bresident,

The majority of the' döwspapers, however, continue to

cibe ground of humanity. support Bresident Wien,

HATEKONG YAUSUHTUNUKUN JLIULITLAUKE EIGEN

TELEGRAMS.

[Renter's Service to The "Telegraph.”]

THE SILVER MARKET.

December 21.

Mesers. Montagus' report that the market is quiet, and supplies ratden scanty, although there was some profit. taking by Indian bazaars and other holders. There was some general demand, more or less active each day. Conse quently the mintage purchases have not been large. How ever, this is unimportant in view of the Raj's purchase of 3,000 bars at Bombay. The approach of the holidays tends 10 restrict local business.

MILITARY OFFicers' conduct.

December 23.

in the House of Commons, Mr. Macpherson, Under Secretary for War, announced that results had been arrived at, at the War Office Courte, in the inquiries particulars of which were cabled last August. The Courts' fodings, had not yet been published

He informed the House that "the lady in the case was outside jurisdiction." The Government's displeasure, had been conveyed to Major-General Sir John Cowans, who would remain at his post as Quartermaster-General tem porarily, in the country's interest, General Sir Henry Mackinnon (Commander-in-Chief of the Western command) had retired under the age limit and no action was possible or desirable. Colonel D. Radcliffe had been removed from his command.

Mr. Macpherson referred to the undisclosed action in the case of Brigadier Owen Thomas, and added that action in this case was due to military requirements, He paid a tribute to the Brigadier's services in Welsh recruiting.

FRENCH WAR TAXES.

December 23. The French Chamber bas passed a war tax on men net serving, including a fixed duty of 12 francs, as well as an increase of 23 per cent. in the income tax.

་་

AUSTRIAN-HUNGARIAN POLITICS.

Desember 23

A Vicuno comununique states that the primary duty of the Government will be to feed the people; also it will aim at the restoration of full constitutional conditions and the. conclusion of a treaty between Hungary and Austria. with a view to closer economic conditions.

The "Frankfurter Zeitung" doubts whether the Czechs will like the new Premier, Herr Martinic, who, it is predicted, will bring Austria salvation.

It says he was formerly an Austro Hungarian separatist, but possibly the war has changed his views.

THE PRICE OF THE "TIMES."

December 22.

The Times" announces a probable further increase in price in view of possibly muere stringent_restrictions on the import of paper and paper making material.

OBITUARY.

London, December 22. The death is announced of General Sir Henry Bracnell' Turon, K.C.B.

[General Tuson served in many campaigns, including that of China (1658-60) in which he was mentioned in despatcher and received a nedal with two clasps. He was 60 years old at his death.]

in

Paris, December 23,

The death is announced of Mr. James O'Kelly, Nation- alist M.P. for County Roscommon since 1895 He was born

1845. The death i Also announced of Dr. Charles Russell, LL. D.; the well-known Journalist; born 1840;

WAN Editor. of

Herald "Glasgow from 1867 till 1906; President of the Institute of Journalista

1802-93.

A DESTROYER'S HERORISM,

December 23.

A correspondent 'describes the heroism of rescuing the crew of the oil-tanker "Conch," which was torpedoed at 11 p.m. on Dec. 7.

A Destroyer at 3 a.m. observed a huge conflagration. while travelling at a speed of eight knots. She went towards it at full-speed and was horrified to see thirty men huddled forward. Three steamers a quarter of a mile distant, bad been for hours powerless to approach the lakes of fire from the oil which was welling from the vessel's sides

There was a nasty sea, running and the "Conch" was lurching in all directions.

Thrice the Destroyer crossed her bows, sending over board rafts, and bouys.

Many of the crew jumped for them and were saved. After two hours all the life-saving apparatus had gone, the Destroyer most magnificently and daringly went along. eide and took off the nine men still on board.

Ten minutes later the "Conch” disappeared.

OBJECTIONS TO Chinese LABOUR AT HOME.

D-cember 23

A joint conference of representatives of the miners, rail- way men and transport workers passed a resolution against the movement to import coloured labour into Eritain and protesting against the extended use of Chinese and other Asiatics on Admiralty transports and merchantmen, until the services of Britiab and friendly alien seamen are utilised to the fullest.

THE SHACKLETON EXPEDITION.

Donedin, December 28. The "Auroa" bas sailed for Ross Sea to rescue Abe Macintosh

with Bir E. Shackleton aboard,

рату

HOLLAND PREPARED.

The Haine, Dies ma2së 22.

In the Second Chamber the War Minister said that sincs the war he had always felt that Holland's 'turn might come any day. He assured the House of the preparedness of the Dutch force

.

'JAPAN AND THE PEACE QUESTION.

~~Tokyo. D`ember 25,

The. Foreign. Minister, interviewed by. Reuter'a corrpe- pondent, said that no peace was possible except on terms on Which the Allies had whole heartedly, agrogdi

HONGKONG SHARE REPORT:

E-SELLERS; SA.—BALES; B.-BUYERS; N.-NOMINAI

Banks

Sugars

OFFICIAL PRICES.

ddd.o

DOCKS, WHARVES, GODOWNS, &C.

BANKS.

BANK OF CANTON

LIMITED.

HEAD OFFICE HONGKONG

FOREIGN EXCHANGE and General Banking BusinessTrans- acted.

CURRENT ACCOUNTS open- ed and FIXED DEPOSITS RE çeived.

INTEREST ON FIXED

DEPOSITS:

For 3 Months 3% per annum

Chief Manager,

NOTICE

NOTICE

PEAK TRAMWAY JO

LIMITED

TIME TABLE.

WEŁK DAYS.

NIGHT CARS.

*** Mu

M

MEN

15 M

kept min) and 1 2006 170 20:30

LEDE VŠEĽ, Krary hill bann

BANKS.

15.

$725

MARINE INSURANCES. ́. Cantons

L

|North Chinas

Unions

S.

Yangtszes

$400 t. 152 $32 1. #X 75 $235

FIRE INSURANCES.

China Fires H. K. Fires

$155. $975

SHIPPING.

Douglases Steamboats Indos (Def.) Indos (Pref.) 11. Shells Ferries

41

$118

For 6 Months 4% per annum .

DFor 12 Months 41% per annum

LOOK POON. SHAN,

$20

b.

$138

$46

D.

108/-

E.

$58

REFINERIES,

b.

$129

Malabons

b.

MINING

Kallans Langkata Raubs Tronohs Urals

36/-

1.2014

$2.40

2-14 A, L

n..

27/- 82/9

DET N, L

KAS TAI, KA

650 R4

H. K. Wharves 63.

$86

Kowloon Docks b; & sa, S'hai Docks

$129

b. LANDS, HOTELS AND BUILDINGS. Centrals

t. 89

S

H. K. Hotels 5.

#101 $115

Land lavest

$95

H'phreys Est.

Д.

$6.90

Kloon Lands

B.

$35

S'hai Lands

11.

t. 91

West Points

5,

$85

COTTON MILLS.

Ewos

11.

t. 155

Kung Yiks

n.

t. 15

S'hai Cottons

b.

t. 117

YangtszepooS n.

t. 5

MISCELLANEOUS.

Borneos

II.

$8%

China Light & P. b.

$4.75

THE

Providents

1.

$8,8)

Dairy Farms

$251

CO., LTD.

Green Islands

b. & sa

$12

H. K. Electrics

858

H.K. Ice Co., Ropes

The

$160

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

b.

$841

Steel Foundries D.

$84

Trams, Low Levels.

$7.00

Trams,Peak, old a.

$10

Trams, Peak, new n.

$1

Laundries

Th

**

U. Waterboats

1.

$17.00

Watsons

b.

Wa. Powells

b.

Morning Posts n.

$64 $6,25 $29

CORRECTED TO ROCK SATURDAY

DECEMBER 23, 1816;

BENJAMIN & POTTS,

Share and Ceneral Brokers.

Princes Building.

Tel, address: Broker.

EXCHANGE.

TIT

Demand 30 dia. 50 die.

SELLING.

***** 2/4 $4

2/4 13/16

2/474 2/5

2/5 1/16

51

T/T Shanghai..

...Nom. T/T Singapore *****. 102 T/T Japsa PIE

111 T/T India ........ 175 176 Demand, India ...... T/T San Francis-} co & New York/ T/T JAVA........... 137 14 T/T Marka ..................... Nom. T/T Francs...........3.33 Demand, Paris ......3.93 44

BUYING.

DOP

2/5 9/16 4 m/s. L/C 41/B. DIPECTAN 2/5 11/16 6 m/s. L/C

2/5 13/18- 30 d/s. Sydney & 2/5 18/16

Melbourne.....S:

[30 da. San Franc

inco New Yorkƒ.

58 14

4 m/s. Marks ......Nom.

4 m/s. Franca .......45

6 m/s. Franes......3.5) Demand, Germany.. Domand, New York. 57. 14 T/T Bombay

Demand, Bombay... 173 TIT Calcuttanasan Demand, Calcutta... 176.. Demand, Manila 114 Demand, Singapore, 302 On Haiphong 314% prem On Baigon .......................... 37 prom. On Bangkok ....................... 64 14 Boyerele £75 Nots. Gold-Genfygere

51.3)

SUBSIDIARY COINS,

DISCOUNT PER $100: Chinees... 2! ats pieces 334 Chinees... 10: Hongkong 20 cta, placed: ¿par.'« Hongkong10-

7:10 AZ

Í 16:39 ab. Erewe aj Man,

·SHIJO KANG, Ve $1,00

sube Moon to 108 PURNĄ

H

*

N

(RIES

KIGHS CAM2- au- un M'ah Dars.

SATURDAYS

EPECIAL CARLE

By Arrangement at the Company': OBts.

Du Topex

Besson and punch tickets avallaḥis lor ali zama sirandy fall, running at the time stated in the Company's time tables, but not for special car. Cən

e

be obtained on application at the Company's Of bio Bengon ticket will be fassed mutil pay meant tha for has been made in Bank Nous or by Cheque on Compradors order repementing Bank

JOHN D. HUMPERTY.

CHINA PROVIDENT LOAN AND MORTGAGE

Advance made on Muruhandias.

HONGKONG SHANGHAI

BANKING CORPORI----

TION,

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

Sterling

*£1,500,000 at 2/

-$15,000,000

Silver $18,000,000

$33 000,000

Reserve Liability of-

Proprietors

$15.000,008

COURT OF DIRECTORS.

W. 1. Parandus Mag-ChairLAR.

*.H: Dodwell, Bogi Unpity į kairmas

C, F1 Gulbey, M.

Hon. Mr. F. H. Horosk

3. A. Per; Ban

ORP. MAKASEN

J

MARAGER 1

Loader can sparen Kaq.

County and

+

Hongkong-Laconusz Bowed a On Curat Adals at the 100% of 2 par cost. BAINE DE TÔe daily halston N

ON. LIED. DEPOREON.

Ter ty mouth, i-per om pal ansam, N. J. STABB.

Chief Manarar.

HONGKONG SAVINGS BANG.

TES mincí the short Bank is conducted by the HONGHOLD A #1a »BAÑO SAI BASKING ORPORATION Rules may be obesmet en application: INTEREST

on deposity. ik alioned on the mi kum monthly balances at per ctul. per sava Depositors may tmosfer, at their optíos, belan

of $90 or more to the Hongkong sad Emaghet Bank to be placed on FIXED DEPOSIT 24 cent per annAM.

thon

For the Hongkong and hangbai Banking Corpan

N. J. STABB,

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter 2813. FELD OFFICE-LONDON, Paid-up Capital are some of nemers wome£1,200.00 Laserva Liability of Proprietor 51,000,000

FOREIGN EXCHANGE and Qyours: Baakier

bearer transactad

CURRENT ACCOUNTS opened and DEPOSITA received for 1 year or shorter periods, # exter which will be quoted on application.

T. C. DOWNING,

Manager Hongkong, lith April, 1912.

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London. Authorised Japital Subscribed

Paid Up

#

Reserve Fund

£1,500,000 1,125,000

-561-500 $50,000

Loans on Mortgage of House Property &c. Goods received on Stomps.

Loans made on ski Providens Bystem. (Rates and Particulars on application).

The Offer of

TRUSTEE, EXECUTOR OF WILLS, ATTORNEY, ke. Undertakes and Execusad,

SHEWAN, TOMES & Co. General Managers.

BANKERS: The Bank of England, The London Joint Stock Enak, kolmiina

BRANCHES Boniny

Karsch

Kota Bhar

Kana Lamp

Madra Pesang

MITSUBISHI COSHI

KWAISHA.

(MITSUBISHI 00.)

COAL DEPARTMENT,

SOLE PROPRIETORS OF TAKASIMA, OCHI, MUTABE KISH. |IDAKE, YOSHINGTAN), MOJO, KAMA- ZUTA, SAYO, KANADA, SHIKNEW, KAMIYAMADA, BIRA! and UYUBAN

C Cellieries.

Agent for SAKITO GOAL.

...

HEAD OFFICE :--- MARUNOUCHI, TOKYO.

Calcu

Coloring

Dalbi

Galle

Hongkong

Rangoon

Howwab

+bunghol

Kandy

&lngapore

Fort Louis (Maritima)

LONGKOK BRANCH,

Every description of Banking and Enchants besiness transacted.

Internet allowed in Current Accounts as a per cabi pratim de Dally Balanom, and on Fixed Deports at rate which may be ascertaland on application.

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING

CORPORATION: "

HEAD OFFICE;

15, Wall E., New York,

LONDON. OFFICE? jë, Biskopagain &C. CAPITAL PAID UP......$5,250,000 RESERVE FUNDS... .45,981,000

.........$7,181,000

U.S. GOLD

BRANCHES :--

CALCUTTA

HONGKONG PEKING, KOBE LONDON MANILA

1

SAN FRANCISCO SHANGHAI SINGAPORE

MEDELLIN TIENTALE PANAMA

YOKOHAMA

BRANCH OFFICES :-NAGASAKI MOJI KARATSU, WAKAMATSU, OTARU, MUROBAN, HAKODATE KOBE OSAKA, KURE, TOKYO, YOKO. BOMBAY HAMA, NAGOYA, TSURUGA, VLADI CANTON VOSTOCK, HANKOW, PEKING, LOK- CEBU,

COLOI DON, NEW YORK, SHANGHAI,

HANKOW HỘNGKONG, KAIPHONG zad CANTON.

Through its close miliation wish The Maloss City Bank of New York, the Bank is able to allow the Services of the Branches of that frasitation la Cam and Fouth America, Namely —

BAHIA, BUENOS

·MONTEVIDEO SANTIAGO DE PAULO, VALPARAISO,

Cable Address:—"¡WASAKI," Codes: A1, A,B,C, 5th Ed., Wont- om Union, and Bentley's,

RIO

HAVAHA JANEIRO

CUBA, SANTŐS, WELO

All kinds of FOREIGN & LOCAL BANKING BUSINESS Incred

CURRENT ACCOUNTS opened and FIXED DEPOSITS ed at raisin De Recertamed en

1. S. MARSHALL

AGENCIES:- CHINKIANG-Masera. GEAR- ING & Co. MANILA-Messrs. MACONDRAY & Co., BINGA PORE → Mesura, BÓRNão Co. LTD, GLASGOW-Heis. & R. Hongkong, 26th September, 1916. BROWN, MCFARLANE & Co. LTD

For Particulars, apply to...

K. KATO,

Manager,

Hongkong. No. 2, Pedder Street,

DEMARTIN'S

PAPIOL BILLS

THE ALEXANDRA CAFE dia, dla, Cannot be Beaten, Af: Equalled for Brand, Cikes, Contectionery

· and makis witKXWfrényi Láquers,

application.

THE

* Maungur.

YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000

Paid-up Capital Reserve Fund.

30,000,000

20.800,000

Head Office.-YOKOHAMA

Сарова

CLEISHI ONO, MA