1916-12-29 — Page 9

THE HONGKONG TELEGRAPH, FRIDAY, DECEME

GENERAL SHIPPING

·R. M. & P. Dividend.

The court of directors of the Royal Mail Steam Packet Co. has resolved to pay out of the current year an interim divided for the half-year ended June 30 last at the rats cf. 85 per cent, per annum (les ind me (xx) on the preference stook, and an interim dividend at the rate of $4 per sent. per annum (leee income tax)} on the ordinary stock; being at The the same rate sa inat year. dividend on the ordinary stock ined in Maroh last will be calculated from the daten of pay ment of the instalments.

Revival of the Salier. Great activity in the building of sailing ships with suxiliary motors in one of the results of war

to

Notica to Mariners:

bangberDurring Appro

YangİNSƏ

Shanghai Tug Cain.

NEWS.

HONGKONG – SHARE REPORT.

B-SELLERS; BA-BALES; B- BUYERS; N-NOMINAL.

OFFICIAL PRICES.

BANKS.

&

$720

MARINE INSURANCES.

$320 t. 150 #980

Sugars

SHIPPING.

coupled to its own alternator, producing a” three plans carrant London, Nov. 22. The Pairs of about 50 starostions per Notice is given phat on

Bonneil has given judgment in second with a voltage of about shipping appeal from Shanghai,| 800. The alternators of each set the 30th December cheater of the North Beddle in which the Kochien Transports ar sletrically locked, ensuring Light will be changed. The new Hon and Tow Boat Company, exactly equal speed, and con-

minating apparine will be Ltd., appealed against a decision quently equal power, on tsch Banks Single Flashing, of the First of the Supreme Court for Ohine rotating half of the turbine. In Order, showing a flush every at Shanghai against the Shanghai esch vessel there will be two tarbo Cantons

fteen seconds. Ths approximate Dock and Engineering Company alternator sets, so that the stopp North Chines power of the flash will be 500,000 with regard to a towing-relage of one will not dimble the Unions candles. In all other respecte The appellante alleges contract|ressel. The two alternators of Yangtares

n. ex 73 $255 FIRE INSURANCES. the particolars of this Light made between themselves as pur-, each set work in parallel. They station will remain as before. The chasers and the respondents ar bave each only one pair of poles. China Fires temporary light notified in contractors for the construction They supply current totwo motors H. K. Fires I, Special Notice to Mariners No. of a seagoing towing reel called each having five pairs of poler, 47 will be discontinued when the Brodie Clarke, and in which which will therefore rotate si one the new light is exhibited.

they claim repayment of four fifth the speed of the turbines. Douglases

Indos (Def.) The Standard Uniform Question. instalments of purchase money These motors are connected to pi. Steamboats

Considerable interest still oon-which they had paid, and interest iour with spiral teeth which gearin indos (Pref.) conditions. Before the war the tres on the subj ot of a standard thereon." The respondents claim the ordinary manner with a large Indos construction of sailing ships had uniform for the merchant servies, by counterclaim payment of the gear wheel secured to the marew Ferries almost entirely ceased, even in eays the Journal of Commerce fifth and final instalment, and shaft. The combination of elco- France, Norway, and the United Arising out of the proceedings at damages for failure to take trical and meobanical redaction. States, the last countries which the Admiralty, when a powerful delivery. Lord Wrenbury deliver-geur will enable a speed (f still had any large amount of deputation arranged for by Mr. ed the judgment of the Council turbine of 3,800 revolutions per sailing tonnage. At the present Basil E. Pair, M.P., and repre- stating that their lordships minute to rotate the screw at time there are at least thirty seating the Imperial Merchant opinion was that the plaint fa' 76 revolutions per minute. The Kallans miling vessels of more than Service Guild, the Mercantile claim to recover the fur instal reversing of the screw in effosed Langkats 1,000 toas cargo capacity Marine Service Association, and ments paid cannot be maintained, by the electrical motor, the steam ander construction in U.8. yards, the Marine Enginners' Association, As regards the counterclaim, the tarbines always running in ons Reduction of speed several of these being for Nor-waited upon the Fourth Sea Lord, alth instalment is payable “after direction. wegian and Danish account. In it was forthwith decided to bring asialectory trial trip." This eval is.ficoted down to about 80 pez Teamark itself attention is being the matter before the President has not happened. The contracted cent, of the full speed by varying devoted to smaller craft of 500 to of the Board of Trade, to whom trial trip has never been beld. the steam supply to the turbine. It follows that ibe counterc'sim For slower spoede the regulation 800 tons. In Norway the Randolph Mr. Peta has now addressed a Company, of Fevik, which has letter on behalf of those concert-Isile. The order ander appeal is ferted by interposing resist. recently been considerably en-ed. It is expected that a reply dismissed the plaintiffs' olim. Races in the circuit, larged, is building several sailing will soon be forthcoming. Hoan- The appeal from so much of the ships of about 4,000 tops each, time if a deputation is agreed to order must be dismissed, and the (quipped with crade oil sogines the management committee of order affirmed. It further ordered Another the Guild nominated the same the plaintiffs to pay the th developing 200 b.p.

The appeal from Norwegian yard at Asker in going representativek ta kitend as on the instalment, in for the building of sailing previous cession at the Admir 1-this part of the crder must be The plaintiffs must vessels, and airesdy hen several ty, that is, the chairman (Captain allowed.

The contracts on its bocks.--Jurnal {J, W. Grace), the vice-chairman pay the costs of the claim.

(Cat in A. B. Toms), and the defsudants must pay the costs of of Commerce.

secretary (Leat. T. W. Moore, the counterclaim. A set-ff should be allowed. There would be no RNR)

costs of the appeal.

Dor sell.

Remuneration of Merchant

|

•

Malabons

Raubs

Tronohs Urais

DOCKS. WHARVES, GODOWNS, &C.

H. K. Wharves an.

S'hai Docks

Kowloon Docks 68.

6.

1916.

BANKS.

BANK OF CANTON LIMITED

HEAD OFFICE HONGKONG

FOREIGN EXCHANGE and General Banking Business Trans- acted.

CURRENT ACCOUNTS open=" ed and FIXED DEPOSITS Re- ceived.

INTEREST ON FIXED

DEPOSITS:

For 3 Montha 3% per annum.

For 6 Months 4% per annum

DFor 12 Months 41% per annum

LOOK FOON SHAN,

Chief ManagOI,

NOTICE.

NOTICE.

PEAK TRAMWAY JO

LIMITED.

TIME TABLE

3.00 Aư. NE

WETE DATE

ས་བ་ས

MIGHT CARE.

6.jc part and 1 mes su talk to

15-00 1 huncy bald hono

7.30 A22

ILOR T., 1945 J

aunty, quarter of an besa›

SUNDAYS

رد

NO AL 1839 alat. Every SE MIR,

Hi-

$155 $375

$1.87- $20

B.

$138

$46

n.

106/-

.658

REFINERIES.

BB.

D.

#127) $37

MINING

2.

83.

Le

D

36;- 1.22 $2,40 97/-

Log in

32/3

lage AM, 30 Kas Ka

w

** Mana

5:45 PM

10

1. . O FLAG $100 F

#5

$851

$129

t. 90

De

$101

II.20 AL 10

DE BOOK

+4

S.

$115

13.00 BOOW 10

100 PHI

動

1 Mi

300

b.

$95 $6.80

Sam Pall, te

+

1gM.com

D.

δι

. 1

$86

COTTON MILLS.

t. 155

b.

t.-14

b.

IL

t. 117 t. 51

II.

$85

China Light & P. b. Providents

$4,75

THE

b.

$8,81

$25

&

- $12

II.

$53

1.

#160

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

b.

$341

$934

$7

$10

SL

$17,00

b.

$52

b.

$6.25

4

LANDS, HOTELS AND BUILDINGS. Centrals ¡H. K. HotelsTM Land Invest.

phreys Est. Kloon Lands Shai Lands West Points

Japanese Ships for Sale.

Quita a number of fias new Japanese cargo steamers are now being <ffered in the London mar ket. Some are ready for ses others can be delivered within the next few months, But at the

Ewos prices now being asked Britisl

Kung Yiks owners, badly as they need to S'hai Cottons replace their lost vessele, 'show ne ¦ Yangiszepoos “ inclination to consider them. For.

MISCELLANEOUS.

Dutch Shipping.

eplendidly-built cargo alesmers Borneos of 10,000 tors deadweight, abcot Difficulties of trade in respect £40 ton, smounting to £400, to shipping in the Netherlands 000, is now being asked. Before Dairy Farms Indies are thus dealt with in a the war, chips espable of per Green islands bome shipping papar,-If forming precisely the same service H. K. Electrics

the could have been very comfortably | H, K. Ice Co., to jadge by

B we sro

ities

Watsons

$29

CORRECTED TO NOCH FRIDAY

DECEMBER 29, (918,, BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

Tel, address: Broker.

EXCHANGE.

SELLING.

British Coal for British Ships. The sabject of retrioting the supply of coal in our ports to our

Damage to Medras Harbour. own ships ster the w. is thas

Midras, Nov. 24.-With refer dealt with in a letter to Fairplay. Los to the damage done to the At the close of the war the harbour by the r.cent ofclone, ships of Germany will be her the following particulars have greatest fiquid asset. Should it been supplie' officially-A greet not then be made perfec ly clear deal of damage was done in the that her aspirations are likely to barbour on the night of the 22nd prove fallacions? We have only and 23rd by the recent oyclone. to say definitely that when the So far se can be cacertained at reports which are appearing in built for £8 a ton, or £80,000, Ropes war is over coaling facilities will about half past ten or eleven the Dutch papers, the shipbuild- The present prices are, therefore, Steel Foundries D. not be forded tonnyGermanships o'clock the great monolith blecking industry of Holland is threst-jast five times the pre-war prices, Trams, Low Level sa. even if transferred to the flag of osrrying the lighthouse at the bed with a serious danger. A steamer flying the British Bag Trams, Peak, old n. other countries at any of our end of the new north sheltering necessary materials the bulk of by the Admiralty, on earning Laundries

There is a great shortage of many could rely, if not requisitioned Trams, Peak, new n cosling stations, whether at home breakwater, block weighing which is asasily obtained from 304. a ton dead weight for 12 U. Waterboats or abroad, and that no British abeat 5,000 tona, was undermined coal will be available for their and dieappeared under water. Germany. Holland is dependent months. That is, the steamer Wat Powells bunkers in any part of the world. Being thus deprived of its outer upon Germany for a large part of of 10,000 tons wou'd earn Morning Posts .

month. Patting No greater punishment could be defences the breakwater itself her iron and steel, and there $15,000 ■ inflicted on German commerce asundermined or battered by the are hints in the German papers expenses at £4,000 a month (they her shipping trade to the Far enormous wares catil a couple of that if the Netherlands author might well be more), the monthly make the importation profit would be £11,000, or, say, East would become impossible, hundred feet of it had been at food into Germany more $130,000 for the year. On the and would be seriously crippled completely destroyed. Also

difficult tban it isas | £400,000 new capital the owners in other parts of the world." In all along the sea fees, on perhaps such conditions no one would three or four hundred yards of its prosent, Germany may retsliste would be allowed to earn 6 per her exports cent., or $24,000, before becom- by stopping purchase German ships, and the outer end, concrete blocks piled of iron and steel. Then there ing liable to excess profit taxation. would find herself with a mer up for wave-breaking purposes are also complaints regarding That deducted from the total cantile marine a large portion of have got dragged down and out the onerous conditions to which profit of $130,000 leared #106,- which she could neither trade wards. So the entire strastare of the export of ships bails to 000. Of this the Govermant the breakwater is loft in a very foreign order is subject." Oning would take 60 per cent, or perilous stats. It will give the to thess conditions-it in contend- £63,600, in excom profit taxation, T/T......... harbour engineers a full 2 or 214 An interesting discussion took years' work to repair the damage d-contracts which would have learing £42,100. On this sum place at the last meeting of the done and to provide a new head come from Norwegian owners to income tax at 51. (super tax 30 d/s, Management Committee of the for the breakwater, constructed Holland have gone to Amories, is not reckoned in the calcul Imperial Merchant Service Guild on d forent principles where Sweder, and Denmark. In pre-stion) would amount to £10,600 T/T Shanghai. war days Datoh shipbuilders leaving, £31,800. If the owner TT Singapore on the subject of pay of the by in the light of experience obtained much of their supplies applied the whole of this sum to T/T Japan ...... captains of merchant ships during now gained, they hope that specially of auxiliaries and depreciation, and could rely on T/T India .......... 17534

prove impregnable these times of extraordiuszy stress it may

"parts"-from · Great Britain, earning the present abnormal Demand, India................ and danger, the latest terror to any weather. No damage which has been devised by the was done inside the harbour and they were not than handicap freights for about 10 years, and T/T San Francis

co & New York Hans being that of taking captive itself. One stesmer broke her pad in the delivery of vessels was ocatens with 6 per cent profit, these in command of the ships own stern lines and thought it built for other than home owners. it would only be, on the basis of T/T Java............ 137 which they snoceed in sinking. best to go out to sex, but others Now they o.mplain that they the figures quoted above, at the T/T Marks.....

A few of Cannot get the materials for the end of that period that he would T/T Francs 3.33 The very plainspoken opinion remained safe inside.

BUYING. of the Guild on this, se con- the old wooden 10 ton lighters construction of ebips, and that be able to write down the ralus Demand, Paris

4 m/a, L/O

2/5 9/16 veyed to the President of the were sunk or damaged because orders are going past them beef the ship in his books to the Board of Trade, where it has been their owners did not see fit, in case of the policy of their Gor pre-wer cost of a similar and

4 m/s. D/P ..................... 2/5 11/16 6 m. L/C

25 13/16 pointed out to him that all that is spite of the osolone warning, to crament, Certainly Holland is competing ship. Ownerware, bow. difficult ever, bound to take into account an exceedingly

30 ds. Sydney & 2/5 13/16 gauranteed in each a case to the take them into the Springhaven in

All other position, and her shipbuilders | the possibility of the war sading

Melbournezza, wives and families is $1 per week, boat basin for shelter.

58 is now auder bis consideration. smaller vessels took shelter inside deserve cur professional sym-within a year or two. If it ended 30 de San Franc-1

pathy.

a year honos they would have a

isco New York] rensel still representing a ́vains 4 m/s. Marks ......Nom. ol £358,000, and having to com- min, France....3.45 pete with abips originally costing 6 m/s Francs 53 only £80,000, and, written down Demand, Germany.. --- to figure far kelow that sum. If Demand, New York. 57 31⁄2 many of the large number of T/T Bombay rensels which are now being built Demand, Bombay... in Japan and neutral countries / Calcutta are to be secured by British Demand, Manila owners, it would seem that either Demand, Singapore. 102 values will have to fall or owners On Haiphong......... will have to be granted some On Saigon special financial concession, auch On Bangkok

Service Officers.

Bat the point under diocesion the Springhaven basin and, to which we refer is that, with including the Trust's own armfi

Turbo-Electric Propulsion. but few exceptions, the pay of of from 100 to 900 tone, remained those who command our ships there io complete safety. falls far short of what it shouldThe sheds, building and

It may be of interest (says really be.

This is a subject the railway belonging to the Lloyds Report) to siste that in which for a very long time Trast were not injured in any the United Kingdom there are past has occupied the close way. The Trust's officials will two vessels being built to the attention of the Guild. It is have very anxious times between Society's classifoation in which trae that very many improve now and south-west monsoon to the Ljungstrom Tarbe-Electrio mente have been made, but now make the broken end of the Propelling Plant will be fitted, that the purchasing tower of a damaged breakwaterstrong ones single morew vessel, in sovereign is equal to 12. only it sought to stand without farther which the power will be 1,500 is hoped that thipowners will, in in try by the waves that may be haft horse power, and the second the words of the Government expected then. Their task is all 4 twin screw vessel, with a total Food Prloss Committee," revise tha.barder because all kinds of shaft home power of 5,400. In their payetireis," and in no rave, zanterin}9 ura difficult and ar: the Ljungstrom turbine shersara is this more warranted or does: r- | péznivo to procura just wow no stationary blades, the visam ing than the responsibla (fisera owing to war conduions, and passes soɖous two sets of blades of our merchant ship, who are more ver their late block-making which revolve at equal speed in doing so much in the service of yard has been broken up sad opposite directions, so that the their owners, whilst their servioss dispersed. It is possible that the effcol is similar to that which to the country, in the words of complete repair of the damage the King himself, sis "magni; may post - Bie 5 .or

fiesat.**

CELEB likha or/aven! more,

Demand

60 dia.

214 2/4 13/16 ................ 2146

2/5 2/5 1/16 Nom.

*** 102

111

m/......

"

176

57

Nom.

3,33 14

176

Demand, Calonits... 176

114

34% prem. ............... *% ̈ presen

64

Nom.

8.25

as being allowed to write down Sovereign ................. the valsen ku “rosscoubin” prices Gold Loaf, per oz... 3083-7. before becoming liable to e Bar Silver, per ohin.” — yn fy taxation:--Timer.

SUBSIDIARY COINS.

DISCOUNT. FER $100:

F you here lost your sppetite hinese... 20 ots pieces would occur with one sat-of-ant of the biz variety of Chinese... 10: bladon stationary and she other Jainty dishes at the ALEXAN- Hongkong 20 ots, pisose set moving at twine the velocity. DRA CAFX is sure to tempt Hongkong Each half of the turbine ku directly figçu

I

NIGHT CAES di Tak Din

SATURDATS

SPECIAL CARS

By Arrangeman at the Company's Offies,

De Yorr) Bondy

**SeasoĄ BAć_punch tici eta awaliable for all cu got kirmay loff, running at the time-stated ja the Company's time tablas, but not for special car. Cua be obtained de application at the Compary'sQt- No Benson ticket will be issued wată pą mezzi threem for has been made in Bank Kowa ng by Cheque o Comprador order representing Buck Fetas."

JOHN D. HUMPHREYA & CO.

CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.

Loun og Mortgage of House Property kú“ Goods received on Storaga.

Advances made en Mwchandise. Loans made on the Providen: Bystem. (Rates and Particulars on application).

The Offen of

TRUSTEE EXECUTOR OF WILLS, ATTORNEY, &c., Undertaken and Zawertad.

SHEWAN, TOMES & Co. General Managoen.

MITSUBISHI COSHI

KWAISHA: (MITSUBISHI OK)

COAL DEPARTMENT.

SOLE PROPRIETORS OF TAKASIMA, OGNI, MUTABE, KISH- IDAKE, YOSHINOTANI, NOJO, WANA ZUTÁ, SAYO, KARADA SHISKEW, KAMIYAMADA, NĪBAI 2a4 ́GYUSAR

Callieries.

Agent for SAKITO COAL.

HEAD OFFICE — MARUNOUCHI, TOKYO.

BANKS

HONGLONG & SHANGH**

BANKING CORPORA

STIONU Paid-up Capital assas [3153000,000 RESERVE FUNDS:

Sterling

£1,500,000-at 21- - .- $15,000,000 Bilver$18,000,000 - .

Reserve Liability of

$33.000,000

Proprietors.......835,000,000

COURT OF DIRECTORS.

Mr. C. R. Marion

Side

Chains

F. Ba Dodwell, Mag "Abeproty k-kairman

G.T. M. Skin, Hug

CF. Helps.

J. A. Plower, Zag,“

Shaoghalná, V. Scepten, Kog. Loadica MargLondon County and

Worzmiewer, Zimed

Hongkong-est Allowed 1 - -On Current Account at the rate of park MESAN on the daily buliaca.

ON-FLIED DEPORTYE.

Por 3 mesiace) per pens, par saayın. For 4 pembe 23 yar parti, per aORUM. For a mini perkomst. per annum PAS NJ: STABB.

Chief Manar er,

HONGKONG BÄVINGS BANI:

THE Business of the aliove Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION.

Rules may be shanimed on applicat

INTEREST e dryada it allowed on the 'vala- Imam mooduly halancus at Fai par one, per satu.

Deponitnes many arnosfar, at their option, balanci of $100 or more to the Bouchosti na Simeria Bit to be placed on FIXED DEPOSIT ME cort per BİTLİK,

For the Hongloog xod thangbai Banking Corpene

N. J. STABB,

Don

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND --OHINA.

Lemporain by Royal Charine 1853

BILD OFFICES-LONDON,

Sagarve Fund, Banyone Sheerve Liability of Proprietoramki.OyoDe POREIGN EXCHANGE and General Banking

business transacıad.

CURADIT ACCOUNTS opened and FIXE DEPOSITS recieved for 1 year or shorter perioda, as rate 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, Authorised Capital £1,500,000 Subsoribed

Paid Up

Reserve Fund

1.

N

BANKĖSI:

The Back of Englac?,

1,125,000

542,500 $50,000

The London Tala Stock Burk, Limited.

Bombay

Colabo

Deih!

Galle

Hongkong

Kowsab

Kandy

BRANCHES

Port Louis (Mauriifus.)

Kamchi

Kota Bharu

Kuala Lumð

Madras

Penang

Raagoon

hanghai

ingapor

FONGKONG BRANCH,

Every description of Banking and Exchange

Interest

per annum

| on Current AcpPLAČE ASF DAT ONS Daily Baisoces, and on Winnd Thepasti

at rate which may be ascertained on application.

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE: 31.Wall Ft., New York.

LONDON OFFICE: pé, Bishopsgate, Ka

CAPITAL PAID UP ......$3,250 00₫ RESERVE FUNDS...

BONRAY

$3,931,000'

........7.181,000

U.S. GOLD BRANCH OFFICES :-NAGASAKI MOJI KARATSU, WAKAMATBU,

BRANCHES :- OTARU. MURORAN, HAKODATE LOBE OSAKA, KURE, TOKYO, TOKO- CILCUTTA OBK

HONGKONG PEKING. HAMA. NAGOYA, TSURUGA, VLADI-CANTON VOSTOCK, HANKOW, PEKING, LON. CEBU,

DON, NEW YORK, SHANGHAL, HONGKONG, HAIPHONG and CANTON.

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

AGENCIES CHINKIANG-Messrs. GEAR- ING & Co., MANILA-Messrs. MACONDRAY & Co., SINGA PORE Mesara, BORNEO : Co. LTD, GLASGOW-Hetsra. A R. BROWN, MCFARLANE & Co. LTD

For Particulars, apply to- K KATO,

Manager, Hongkong, No. 2, Pedder Btreet,

"MARTIN'S

SAN FRANCISCO LONDON SHANGHAI MANILA

PINGAPORE

YOKOHAMA

MEDELLIN TIENTSIN PANAMA

COLOK HANKOW

Through its close affiliation with The Halong City Bank of New York, the Bask is able to odmr thi Bervices of the Branches of that institutios in Cabe and Fouth America, Namely ;-,

BAHIA BUINOS AIRES, HAVAMA, MONTEVIDEO, RIO DE JANEIRO: SANTIAGO DE CUBA, KANTOS, SA PAULO, VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING, BUSINESS transact

CURBEST ACCOUNTS opened and FIXED DEPOSITS received at rates 10 be macerisland an application.

5. S. MARSHALL,

Hongkong, 26th September, 1915,

THE

YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880. Authorised Capital Yon 48,000,000 Paid-up Capital ........ -30,000,000 Reserve Fund .... " 20,800,000

Head Office.-YOKOHAMA.

dia.

THE ALEXANDRA - CAFE di Cannot be Beaten. If Equalleder

hung-Hales

Calcutta

Tokys

-Tork"

Ammaren, Allowed an Cix sit Ancon en

for Bread, Cakes, Contectionery bevestigz RISHI OKU, Masna And meals with Wineryk Láquam. Hongking, 11th Baps}]{18 -