THE HONGKONG TELEGRAPH, WEDNESDAY, DECEMBER 27, 1916.
ROTEK "PER ILGTERRAGIONEE
COMMERCIAL
Pushlag Fushun Coal,
Hankow Plece Goods Trade.
serious, and well-informed Ameri-
can opinion appears to be quite unfavourable. The Wall Street Jurnal in October said "England, controlling two-thirds of the gold
in-
Shuntper Iron Mines Worked by
Japanese..
•
NEWS
Liosna and encouragement of co- operative effort:~The zonifer in- dustries were generally hampered by what of capital and an eat should be made to build up a banking system on o-operative lines from below. He did not
Abortive Sino-Japanese
- HONGKONG SHARE
REPORTS
B-SELLERS; SA-BALES; B.BUYERS; N.--NOMINAL
LOFFICIAL PRICES.
F
BANKS.
$725
MARINE INSURANCES.
X
68.
B.
$$30 t, 150 $920 D. ex 78 $255
$ 155
$370
b.
$118
b.
$138 $16 100/- $88
REFINERIES.
$128
Kailans
The Asiatic Development Co.
The above Company is reported to be concluding a new agreement Sugars with the Chinese Government, in Malabons which are in be emborlied the following terms: (1) Whenever the Chinese Government requires Langhats foreign loans for the development Raubs of the Shuitoo and Taiping Tronohs mines, the Asiatic Development Urais Co. shall have prior right t furnish these loans. (2) The
An
SHIPPING
MINING
$21
BANKO
BANK OF CANTON
----- LIMITED. HEAD OFFICE HONGKONG
FOREIGN EXCHANGE and General Banking Business Trans- acted.
ני
CURRENT ACCOUNTS open- ed and FIXED DEPOSITS RE ceited.
INTEREST ON FIXED
DEPOSITS:
For 3 Months 3% per annum
For 6 Months 4% per annum DFor 12 Months 41% per annUN
LOOK POON SHAN,
Chief Manage),
NOTICE
NOTICE.
$37 PEAK TRAMWAY JO
LIMITED.
TIME TABLE.
$6,-
b.
12114
$2.40
b
27/-
82/3
Loc & İLK AM, RE KIRNO AM, SO SOME TIME DO
1 P
TO
1.4
DOCKS, WHARVES, GODOWNS, &C.
BL
LANDS, HOTELS AND BUILDINGS. Centrais H.K. Hotels Land Invest. H'phreys Est.
K'loon Lands Shai Lands West Points
Chosen Weaving Company. La view of the increwing pro- duct on of cotten in Koren, bus- Ewos ness men in Tokyo have promo ed Kung Yiks there a company to be styled the S'hai Cottons Chosen Weaving and Spioning Yangtszepoos Co. All the shares of the company. representing T. 5,000,000 have
WEEK DAYS. **
100 yeno 13 Man 20:06 26.
$1.00 M
1.45 Pall
LE PRI
AL
4
པ་
QUE IS!
"
**
1 M.
Jao k ar NIGHT CAKE.
11.00 PM) every unií douri,
ALNLAYS
*
za Mam
10. 201
Buca Cat 1.00 Fi
16 12 VIDEO CARS se os Wash Dini
SATURDAY'S
Eats Canù tu miễnight.
SPECIAL CARY"
By Arrangemist at the Company's Ošos, Alasandra · Mullakes,
De Voer Road,
"Sezon and punck lickets available for af ears tol already fell, resting at the time mated in the Company's Ums table, Est not for special cars. Coo be obtained on appīrasion at the Computac 25 Season Licet will be issued until pay Meni Üsk for bas bastade in Bank Notes or by Cheque
•Compradors order representing Deck Natu
JOHN, D. HUMPHREY & CO.
t. 90
11-06 P-36 in 11.43 2.30
every (marter of an hon
1.10 4. 1:00 tõlgi də, 1
zaga ais, Event 15 Min.
11:00 61
N
HE AL
B
$.
$101 $115
un Nook
M
.$95
no Hon to find Fa
10. KO
M
5:00 201
*+
* M2M
D.
€6.90
5.
$35
t31
6.
-$85
COTTON MILLS.
b b.
1.
t. 155 t, 14
4.51
MISCELLANEOUS.
11.
$8%
$4,75
$8,8)
$25)
b.
$12
n
$59
IL
$ 100
b.
$34
$94
$6,30 $:0
$1 $81
$17.00
b. b.
$52
$6.25 $29
THE CHINA PROVIDENT LOAN AND MORTGAGE
CO., LTD.
(Capital Paid up...$1,250,000:)
Loans on Mortgage of House Property
- Goods received on Storgi.
Advances made on Merchandise.
Loans made on the Provident Gystem. Kate and Particulars on application),
The Guice of TRUSTEE EXECUTOR OF WILLS, ATTORNEY, &c. Undertaken and Executed..
SHEWAN, TOMES & Co. General Managers.
BANKS
HONGKONG & SHANGHA!
BANKING CORPOR-----
--- TION, Raid-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....$15,000,000 COURT OF DIRECTORS.
Hon. Mr. CE Anton
W.
8.
Fattendan 209-Chakeman,
Dodati Beg.-Deputy baliman
6. T. M. Maria, Leg.
0, F. Gubber. Xag.
Hon. Mr. F., Barock.
1. A. Plamer, Bag.
Hon. Mr. K. Gbellen.
CHIEF XAYA QUE Hongkong-X. J. Stat. Eng.
MAZAGEN
Shangbeinna. G. Stephen, Esq. London Banker London County and
Bestanddamer, Zimited.
Honghong-imark Addeered t
Ou Current Accouble at the race of 3 pre
kanum on the daily balance.
Zor
ON FIXED DEPOSITS. monika, 24 per COOL, DAN KEANM. For 6 months, & per cont, pai ezaum. Yaris months, & per each pat antusk,
N. J. STABB.
Chief Manager.
HONGKONG SAVINGS BANI, THE Fuses of the abome Bank is conducted by the KONGKONG AND SHANGHAI BANKINO CORPORATION Rules may be obtained yu applica INTEREST on depolis is allowed on the minc lam monthly balances at Bst per cent per annum. Depositors may transfer, at their option, balance of $100 or more to the Hongkong and Shanghel Bank to be placed on FILED DEPOSIT A PROL, per and
S.Y. 5,000,000 Loka, The coal market being so notice, It has been decided, after all
With regard to the abortive particularly in Japan, Las South the attempts taade by song on
Sino-Japanese 8. Y5,000,000 Manchuria Bailway Co. has been terprising private capitalists of
loan, the representatives of the trying to increase the output of Japan, That the experimental
Japanese Company visited Peking the Farhan Colliery. Owing to borings of the Chialingchen Iran
the other day to press the Peking difficulty of levying labour, the line should be made by the think the present land policy of Government for satisfaction. Increase has not been anything Shentong "Railway Administra- | the Government was any obeck [says the Manchuria Daily Banks like the extent desired and yet a tion. There is a wide divergency | on industrial development and he News of December 14, substantial increase isshown. The between the German estimats and ⋅ would not recommend any change. It
that sppeare
品質 under-Cantons during
been November, an estimate formed on a geologio- | in the existing law. He was in standing has
rasched North Chinas Output amounted to 168,642 tons, which al deduction as regards the favour of placing industrial on the terms that, whenever Unions figure shows an increase of 49,809 wealth of the mine," says the schools ander the Depart either the Shaikow or Taping Yangtszes tops over the previous month. It Manchuria Daily News, adding ment of Industries: Before Mine is to be offered as security FIRE INSURANCES. is expected that this month the that an approximately accurate ing to his observations about the for a loan in future, the Japapase China Fires output will undergo a further estimate as to the extent of the land polier of the Government Company should have the pre- H. K. Fires increase of about 20,000 tons.- vein and also the quality Sir Thomas Holland asked the ferential claim to be consulted, Exchange.
of the ore in expected to witness whether India was not and that the Peking Government o
Douglases be prepared upon the results of now a nation in competition with should pay the Company the eau Steamboats. these borings. From Y. 20,000 other civilised nations of the of &Y300,000 for the cellation | Indos (Del.) to Y. 30,000, they say, is thought | world and many of these pro- of the agreement.
indos (Pref.) Shells The weekly circular of the Han- to be enough for the boring proprietory rights were obviously As regarda experimentaliojarions, and whether if he
Ferries kow British Chamber of Com- cens. merce for December 13 comments mining, continue the Dairen allowed them to develop to a as follows on the import piece paper, the Germans carried out great extent they would not and goods market: This market is the excavation of a pit to the themselves falling far behind in quiet but steady with a better death of 300 ft. One hundred competition with other nations. feeling prevailing on account of feet further down the vein in The witoren said the peculiar easier money. Clearances have expected to be reached. A few feature of this province and of continued steady, particularly tens of thousands of yea are sup Bengal vas tLe permanent settle of yarn, and there have been soms po.ad to sufios for the purepas ment system which in his opinion new inquiries for white shirtings, All the funds required are being did no load to any progress of bitcke and good quality English defrayed out of the emergency these provinces. He could not 10-lb. Blacks, faccies and whites fond of the War Office. When make any proposal as to how the are all reported up in price locally the mining work to be difficulties could be met with. G.versment should pay compra-H. K. Wharves b. $85 and a foriber rise in prices in langurated in good carnest, But be said that in the interest of ration of 2301000 to the On- Kowloon Docks b. & sa. $129 expected. Although American when the results of the experi industries it might be adrie-pany. (3) The Loan Agreement Shai Docks cotton has dropped Japan yarns mental bojinga warrant sach able to giva very limited and signed by the Chine e And- are still quoted at Tla, 110 for 4 ianuguration, at least P. 500,000 carefully protece powers to Japanem representatives Brand Assortment. Available or so will be required. As there interfere with proprietorship. The September 10, 1918, shald h
is only light rail service now difficulty of defining these powers forthwith cancelled. (4) Chia stocks are scarer.
srailable between the mine end and the method of using them should furnish security of another the Shantung Railway, a branch seemed to him to be very great, kind for the money advanced by Germany's Gold Plight.
lion on standard gauge will have People generally would accept the Japaners Company. British financiere consider that to be built, and in order to have legislation, but the landholders, Germany's plight, in spite of every detail of the plus realized, would obj et. Replying to Sir R. an outlay of about Y. 3,000,000 N. Mokherji he said that se shify efforts to corces! it, 18 will be wanted. In Fach erent co-operation spread from one unit the amount will be a-ked of the t: another the capital which now Imperial Diet in form of a supple went into the hands of the mentary estimate.
Mah jins would'accumulate in the Indian ladustrial Commission. bands of the village industries. production of the world, utilized Industrial Commission resumed whether any member of the already been taken up privately China Light & P. b.
Bankipore, November 17-The Sir Thomas Holland inquired
Borneos this supply to liquidate the debt its sitting on Friday morning. Indian Civil Service would be by the promoters and she was incorting abroad and Babu Ganesh Lall of Bhagalpur, satisfied to remain as a director friends.
their Providents Michines hive boen Dairy Farms paying as she went. Since the
giving evidence in reply to the of industries for many years, to purchased and as soon as the Green Islands outbreak of the war England bas President, said the tusser indus- which the witness said he thought official organisation of the con-H. K. Electrics exported close on £250,000,000 in gold, and it is just because try in Bhagalpar was enough to a member of the Civil Service cern is completed they will be H. K. Ice Co.,
warrant some culley on the trade. would not object to remain for, installed, it being hoped that they Ropes there is practically an
There were many families de- say, ten years, and in him opinion will be in full operation by Bext Steel Foundries E. exhaustible stream of gold pendent on the industry. He it would not handicap him in his autumn. Textiles, rather than Yara Trams, Low Level b. ing to London that she can afford thought the appointment of ordinary career.
will be produced by the company. Trams, Peak, new n.
Trams, Peak, olda to neglect, for the time being, a Director of Industries was very
It is also said in Tokyo that the large reserve at home. Gar-
Laundries The report for 1815. of Sir establishment of a cotton mill U. Waterboats- a. necessary. Answering Mr. Chat- many's financiers and friende, terton he said about five to six William Hoy, general manager of with a capital of Y.20,000,000 is Watsons however," says the American lakhs worth of tusser silk were the South African Railways, refers being contemplated by one of the Wm. Powells financial journal, "have been liv-made in Bhagalpar. He sent at some length to the cast in foremost cotton men in Japan. Morning Posts ing in a fool's paradise. There about two thousand maunds of anetry of the country: "In com The new company will co-operate will come a time when the gold tasser waste to a German firm parison with some countries," with the Faji Cotton Mill and which she has squeesed out of and got from them circalation will not be enough The witness submitted a note resources are small, but the pre- in Japan and Chins,
yarns. he writes, "South Africa's coal factorisa will be satablished both *TOB for her internal credit in which he stated that there sent annual output is also in siructures. And the time would seem to be near at hand, judging place called Samakhis in Behar total available. The time is
were big deposits of kaolin in significant compared with the Trade Conditions in Burmia.
Unusual interest attaches to by events that have transpired which could be made commercial opportune for South African coal trade figures of Barms, just to within the last few weeks. Then where will Germany tarn for out. He of red zolin to the African coast, and advantage cover the twelve months ended ly valuable il properly worked to gain an ascendancy on the hand from Rangoon, for they more gold?"...
Bally and Titagarh Paper Hills is being taken of present March 31 last, the first complete but they did not accept it as it opportunities far as war trade year under war conditions. Chinese insurance Companies. was mixed up with sand and grit. exigencies permit. If, after the The statistics are taken from the
The witness did not know how to abatement of the present infsted report by the Chief Collector of T/T 2. 2/4 4 A correspondent sends the clean it properly. Asked by the demand for coal arising from the Customs at Rangoon. The aggre. Demand
2/4 13/16 214.78 following casting from the Cen President whether he had con-war and the consequent die gate value of the total trade of 30 dis................
2/5 iral China Port, of Bankow of salted the Geological Department turbance of shipping, new outlets Barms (including trade with 60 dia. December 15, which throws a for expert advice regarding the can be found for South African provincial ports and Indian porta T/T Shanghai.........Nom.
4 m/B..................... 2/5 1/16 searching light upon the question | kaolin industry the witness said coal, and certain of the tempor- outside Burma) in 1915-16 was T/T Singapore 102 of Chinese insurance companies: the idea never strack him and arily diverted shipping can be returned at 57,39,38,237 rupees, T/T Japan "The Wbs Nion Life Insurance that he was under the impression induced to adhere to the Cape a decreses of 1,54,31,203 rupees, T/T India Company, a Chinese concern that the Geological Department route, there should be very con or about 2,6 per cent., as oom Demand, India...... 176 which bad maintained a com- would not be able to help him. eiderable development in the coal pared with the trade in 1914-15. T/T San Francis-} modious office on Yangters Road Sir Thomas Holland said mining industry. The existence Exolading treasure and Govern. co & New York) for a considerable time, har pack that the Geological Depart-in South Africa of large quantities ment stores, the combined value TIT Java 137 14 ol up its checks quietly and ment had been established for of coal of proved quality for of imports and exports in 1915-18 TT Marke......... Nom. disappeared without leaving any the last seventy years and yet steamship purposes should, as w55,22,24774rupees. Omitting TIT Francs..........3.33 notice as to its present location when an opportunity arose ite the coal becomes better knowo, the months April to Jals, which in Demand, Paris. 3.33 14 ar whether it is still continuing help was not availed of. Host of be an infasending factor in 1914-16 were not war months, the
BUYING. in business. A low small credi-] the evidence seemed to show that deciding the route to be followed total value of the trade of Rangoon
4 m/s. L/C
*********** 2/5 9/16 tors have been making inquiries there was a great necessity in in the osstern trede and should (which comprises about 88 per
4 m/s. D/P........... 2/5 11/16 concerning the company."Ladia for providing a scientific encourage shipping to touch at cent, of the trade of Burma) in
6 mla. L/C
2/5 13/16 Although the Wha Nien in and technical department to foster Union ports and to engage in private merchandise with all
30 d/s Sydney &} 2/5 13/16 described as a life insurance industries and give the people South African trade. Such a porta was 30,28,00,000 rupees 30 dis. San Franc-1 Melbourne ............! company,
correspondent advice. He thought that if only diversion of shipping would be of in 101518, compared with
58 14 isco New York) telia us that it tranenoted the witness had referred the great importance to the Union 28,50,00,000 rupesa in the 4 m/s. Marka ......Nom. B large business in fire matter to the Geologiosl Dipart- and would open up new markete previous post, This improve 4 mis. Francs......3.45 insurance as well. It is said to ment and they had reported on for South African products." In-ment is remarkable testi- 6 mia. France 3.59. have been fasted lest your "with it favourably Government would tereating references are made to mony to the recovery of confi- Demand, Germany. - a flourish of trampets." Its opera have rendered all the help necess-trial shipments of coal last year enca in the Province, for low Demand, New York. 57 34 tions were confined to Hankow. ary in the way of providing from South African porte. A con- prices of paddy must bays TT Bombay ...... According to the Chinese Press, improved communications and signment of 11,000 toes to be decreased the general purchasing TT Calcutta
Demand, Bombay ... 175 The attention of Vice-President facilities for fostering the kaolintested on the Sadan railways was power, Fang Kuo-choong has been drawn industry. The witness was ad- the largest single shipmsat ever effects of the
Demand, Calcutta... 176 wer have Demand, Manila to the unbridled operations of vised by Sir Thomas Holland to made from South Africa. Several borne with increasing weight Demand, Singapore. 102 114 adventurous Chinese insurance refer the matter to the Geological cargoes were despatched, to the on the export trade. Japan's On Haiphong
34% prom. companies and he is said to have Survey although there would be Argentine, and one went as far as success in her efforts to dip On Saigon 3% prem ment to Shanghai for a full report somp" delay as the department| Guayaquil in Ecuador.
tare trade which formerly be On Bangkok ......... 64 1⁄4 on their number and position. was overloaded with work, most Yokohama Wire Works. longed to Germany is illustrated Bovereign
8.25 Nom. There are, as we have "siready of the officers being_away The ..Shinon, which arrived by the fact that imports from Gold Leaf, per o... 50.41 point cut, sot a low perfectly on war duty, Mr. H. R. T. Perrott, in Shanghai on December 11 Japan iste Barma in the year Bar Bliver, per os.... 38.11/16 reputable Chloese companies, 0.6, Deputy Commissioner, from Japan, brought over 80 aaded March 31 last, represented which would only be too glad to Sonthal Parganas, who was the tons of submarine oible con- a value of 11,100,000 rupees, SUBSIDIARY COINS. see the activities of their specul- | next witnews examined, in the signed to the Oniness Govern: nearly twios inst year's tolal, and ative brethren adequately con- coene of hiï evidence, said that ment which has been manafio: 10.4 per cent of the total trade. trolled, and it is to be hoped that the best form of Enancial smial-tured by the Yokohama Electric Imports from the Ualted States Chinese... 20 cta plecen 44% dia. Cannot be Besten, if Equalled THE ALEXANDRÁ CAFE General Fung Kuo-chong's in- anos by Government would be by | Wire Works. The cable measures of America made a big advapos, Chinese... 10. quiry is only a short preinds to industrial loans on lines pf land slightly over eight miles in principally in motor cam sud iron Hongkong 20 pts, places
44% dis. for Bread, Cakes, Contectionery anin. 1.0. Daily Ar limprovement' and^^#gricultural | length:
and steel goods.
and meals with Wines & Liquor, Hongkong 10
our
South African Coal,
4
while
the
advorso
3.
CORRECTED TO NOOR WEDNESDAY DECEMBER 27, 1916, BENJAMIN & POTTS, Share and General Brokers.
Princes Buliding."
Tel, address: Broker.
EXCHANGE.
SELLING.
111 175
57
DISCOUNT FER $100:
par.
11
MITSUBISHI COSHI KWAISHA.
(MITSUBISHI GO,) COAL DEPARTMENT,
SOLE PROPRIETORS OF TAKASINA OBNI, MUTASE, KISS- IDARE, YOSHIROTANI, HOJO, SAMA- ZUTA, SAYO, KANADA, SHIRKEW, KAMIYAMADA, BIBAI 2nd OYUBAR
Collleries.
Agent for SAKITO GOAL
HEAD OFFICE- MARUNOUCHI, TOKYO,
For the Liongkong and hanghai Banking Corpor thon.
N J. STABB,
Chief Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA
Incorporated by Royal Charser it.
HEAD OFFICE-LONDON, Paid-up Capital 0.008 y of Proprietor 208
Reserve Fund a 300% 280-870000 6000 £1,100.De
Reserve
FORMIGN ZICHANOE and General Banking
business transancied.
CURRENT ACCOUNTS opened and YIXED- DEPOSITS received for 1 year or shorter periods, 45 rates 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,
Authorized Capital ......£1,500,000 Subscribed
Paid Up
+
+
•
Reserve Fund
BANKERS: The Bask of Englued,
1,125,00€
562,500 $50,000.
TER London Joint Stock Back, Limited BRANCHE 200
Bombay
Colentin
Colombo
Delhi
Galle
Hongkong
Hoiab
Kandy
For Louis (Mmurtišus.)
Karachi
Kol Theru KUNG LAO Madra
Rangoon
thangal
Singapore
HONGKONG BRANCH:
Every description of Banking and Exchange business transacted.
lotereat allowed en Corrent AcEDHALI AL E DEI C per annum on Daily Balances, and on Fixed Depoult at enter which may be sacertained on application.
C. CHAMPKIN,
Acting Manager,
INTERNATIONAL BANKING
CORPORATION,
HEAD OFFICE:
55. Wall St., New York,
LONDON OFFICE: 5. Bishopsgate, EC. CAPITAL PAID UP......$3.250.000 RESERVE FUNDS.......$3,931,000
U.S. GOLD
------... $7.181,000 BRANCHES :-
BRANCH OFFICES 1-NAGASAKI MOJI KARATSU, WAKAMATSU, OTARU, MUROBAN, HAKODATE KOBE, OSAKA, KURK, TOKYO, YOKO- | BOMBAY HAMA, NAGOYA TSURUGA, VLADL CALCUTTA
CANTON VOSTOCK, HANKOW,PEEING, LON.
CEBU. DON, NEW YORK, SHANGHAI, COLON
HAKKOW HONGKONG. HAI PHONG T CANTON
HONGKONG PEXING,
KONE
SAN FRANCISCO LONDON SHANGILAS KANILA BINGAPOREZ
MEDELLIN TIENTSIN
PANAMA
YOKOHAMA
Through its done affiliation with The Nations City Bank of New York, the Bank is able tonder the Services of the Branches of ther. Institution is Cale
Cable Address"IWASAKI," Codes: Al, A.B.C. 5th Ed., West and South America, Namely:~
ern Union, and Bentley's.
AGENCIES!
BAHIA BUENOS AIRES HAVANA, MONTEVIDEO, RIO DE JANEIRO SANTIAGO DE CUBA. SANTOS, – SAO | PAULI, VALPARAISO,
At! kinds of FOREIGN & LOCAL BANKING. BUSINEAS transacted.
2. 5. MARSHALL,
Managm
CHINKIANG-Messrs. GEAR- ING & Co., MANILA-Messrs. CURRENT ACCOUNTS opened and FIXED MACONDRAY & Co., SINGA- | DEPOSITS received at raims to be ascertained on
application. PORE — Messis, BORNEO Co. LTD, GLASGOW—Hossrs. A. R, BROWN, MCFARLANE & Co. LTD Hongkong, 26th September, 1916,
For Particulars, apply to-
K. KATO,
Manager, Hongkong. No. 2, Pedder Btreet,
MARTIN'S
APIOL PILLS
& Francis Jamaty Gay all komodularfila,
son of any imuninety at the system, a
THE
YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital
30,000,000 Beserve Fund............. 20,800,000
--
M
P
Head Office.—YOKOHAMA,
Banacha Antang-Halon Bombay Caltegia
and
Agencies Magami
Newchwank
New York
Ovaka
Pakka
Spelen 29.11
Sa
Shanghai
FISHI ONO, MALwes
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