1917-01-10 — Page 9

THE HONGKONG, TELEGRAPH, WEDNESDAY, JANUARY 10, 1917.

COMMERCIAL

Commercial and Produce

Markets.

market

has shown

NEWS.

Manchester Goods, ..

Tea Report.

Price of Rubber.

Export of liver to be Prohibited.

HONGKONG SHARE REPORT

S-SELLERS; GA-SALES; B.-BUYERS; N-NOMINAL.

Banks

FIRE INSURANCES.

Sugars

Kailans

$000

$21

BANKS:

BANK OF. CANTON LIMITED

· BÄNKS

HONGEONG&SHA MAHA,

BANKING CORPORAT

TION. HEAD OFFICE HONGKONG Paid-up Capital

RESERVE FUNDS:

Sterling

FOREIGN EXCHANGE and General Banking Business Trans- acted.

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

P

INTEREST ON FIXED DEPOSITS:

ני

Chief Manager.

NOTICE

NOTICE:

DEAK TRAMWAY JO LIMITED

TIME TABLE.

OFFICIAL PRICES.

BANKS.

b

$:00

b.

$377)

.

t. 150

b.

1. ex 73-8255

n.

$155 .$975

SHIPPING.

b.

J115

For 3 Months 3% per annum

For 6 Months 4% per annum DFor 12 Months 41% per annum

LOOK POON SHAN,

b..

18.

$132

$13

#.

108/

$37

REFINERIES.

1.

D.

$120 $37

MINING

220

36;-

1.22

WEEK DAYS-

I.

D."

♫.

$2,40

400 4M. AStay is Man

COMO AUM

31/0

10:00

AM

28

LUDE ALE

TU MU KS ME

· 3༦༣

ILJC A. to

TIEŽ FIG.

1814) 220 ko kity row. Le

BIS P.M. CO

1.00 FUM

$86

#126

+ 89

LANDS, HOTELS AND BUILDINGS.

1-10

AX,

10 130 A, t

*100

1 Mim

Centrals

6

H. K. Hotels B. Land Invest.

$101 $115

£1.30 AM. in

ES MIN

34.00 NOGE TO £100 2

so Mine

100 KM 1

-1.00 1

u Mim

b.

$35

10

10

11

10 KI

7.00 FIM

* Sim

H

'phreys Est. Kloon Lands

b.

#6.80

LI PL

10 Ma

8.

$35

S'hai Lands West Points $5.

COTTON MILLS.

IL

t. 91

$89

Ewos

D.

£.145

11.

t, 141

IL

t. 112 2. J

MISCELLANEOUS.

1.

$3% $1.75

Langkata Raubs Tronchs

Urals

DOCKS, WHARVES, GODOWNS, &C.

Kowloon Docks 1. S'hai-Docks D.

H. K. Electrics

Ropes

03 +30 Dang

LA NG

ALGEMEE 6.15 2000)

MIGHT CANN

$15,00€,000

£1,500,000 at 27-

-$15,000,000

Silver ...$18,000,000

Reserve Liability of

Proprietors

$33.000,004

$15,000,000

COURT OF DIRECTORS.

Ho Hr.C. ADIC

W. L. Pazzenden Aeq,-Chattan

S, H, Dodwall, Aag. Dapaty & hairm

G.T. V. Kilies, fag.

Hos

J. &..Plummer, Esq. How. Mr. Shall

CHIRP-KANAVER

Hongkong-W., Babb, Kog.

VISAGES Shanghaluna. G. Stephen, Esq. Loodos Pasker-London County and

Westzeinare, Limited.

Hongkong-Interest Allowed;

On Cement Accounts at the rate of 3 par col

on the daily balance.

and

ON FLEED DEPOSITS. For 1 months, fi per cent, par Aktian. For months, per cent per aUATAN Por ti wonth, 4 per cell pPU SERUM,

N. J. STABb

Chief Macs et.

HONGKONG SAVINGS HANI.

TAK Below of the above Bank is word need by the BONGKONGA-HANGAI BAKKL.10 ORPORATION. Rules may be obtained on applicasse, JATEREST or deposits is alloweć ou the sky. Imam monthly balances at Syé par cent per aznes.

Depositon may transfer, at their option, balances of $100 or more to the Hongkong and Shanghai Bank to be placed on FIXEN DEPOSIT » 4 ceny, per antium.

For the Hongkong and Shanghai Basking Corporn

N: J. STABB,

+

10 M

is Man.

10 Mar

tion.

+1

4.1% zal and VENU DIO PI, ta

$1.00 Pm every ball boer

every garter ol en boitr SUNDAYS

1.06 mm to 12.90 alm. Every 15 Min

lod.., L

NIOWY CARS = su „Wook Day

SATURDAYS

Ear Care• 2 midnight.” SPECIAL CARE

Sy. Arranged at the Company's Ola Alamedya Balding,

Die For Road,

Besson and punch tickets avaliable for all cars

cut already full running at the time stated in the Company's time tables, but not for special car. Ca be obtained on eppikation ni the Company's Officer Na Beason ticket will be based entil pd meal ibere- Toe has been made in Bank Koua or by Cheque se Compradors order representing Dual Foter."

JOHN D. HUMŰBREYS & CO.

THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.

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

b. sa. 811.70

n.

D.

$53 $100

✡.

$344

$934

Loans on Mortgage of House Property ko Goods received on Storage.

$7,00

Advances made on Merchandise,

$10

$1

n.

$31

$10,00

b.

b.

$65 $6,25

Loans made on the Prevident bykem. (Rates and Particulars of applican

The Office of

|

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charterly.

HEAD OFFION-LORDON, Paid-up CapitaL108.00€ Bevors Zu 2000, too,00 Keser

• of Proprietorem£5,000,000 POWEIGH EXCHANGE and General Bankiss

business transacted. CURRENT ACCOUNTS opened and FIXEI DEPOSITS received for I pear or shorter perioda, al rates which will be quoted on application,

..T. C: DOWNING,

Mapszer Hongkong, 11th April, 1912.

THE MERCANTILE BANK OF INDIA. LIMITED.

Head Office 15, Gracechurch

Street, London. Authorised Capità! Subscribed

Paid Up

Reserve Fund..

+

.£1,500,000 1,125,00€

3,500 :50,0

in her bottoms which are proteo'ed by the State, The cotton thus

London, Navember 29.—Mowers. Siye Shanghai nativa London, Nov. 29.-The Bank taken away is imported into India

in manufactured form." Capital James F. Hatton and Co., Ltd., paper :-The Chinese Ganers? | rate remains unchanged at 6 per crnt. The Open market rate for highly regrets that "he Indian report that the cotton markets Chamber of Commerce after hav short loans is 5 per cent., and Government cannot take any both bere and in the States con- ing obtained the consent of the disconat for four monthe Bank drastic measure against this pro- tinue their mad career, and not foreign banks to prohibit the bille 5-9 118 per cent. The Biver blem while the British Govern- only has American cotton in export of silver from this port for decided ment is too weak to support the Liverpool touched the shilling two weeks owing to the string- sirengib, and bars are now quoted Indian Government in this mat mark, but was at one time within ency of the local money market, MARINE INSURANCES. at 36.-5-1/6d. per cs. The Rubber ter, and hopes that the Indian a few points of 13d. Egyptian eubsequently got the prohibition Cantons Share market has responded to the nation will realize the nature of Cotton has also factusted wildly, extended for another fortnight North Chinas rise in the price of the commodity, the problem and do their utmost It is hardly necessary to say that for the same reason, as already Unions

business in cloth has been reported. Now, the period has Yangtszes and in most directions values to solve it." have appreciated. The Yokobams The Tobacco Market in Holland. practically brought to a standstill, again expired, while money is

The report of the Amsterdam and the same can be said of yarn. still very tight. The Chamber China-Fires Specie Bink, London branch, announces the cancellation of a Chamber of Commerce for 1915 Prion in China bare advanced, considers that it would be pre-H. K. Fires farther £250,000 41 per cent, contains the following remarks on but not so much as those in judicial to the trade of the on- Serling Bore of the First aeries, the Datch Tobacco market: Caloutts, which is now the pro- try if the free movement of silver

should be restricted indefinitely. Douglases and #250,000 44 percent. Sterling Thanks to the intervention of the mising market.

Steamboats Therefore, it bonds of the Second series, which N.O.T. it was possible to continue

proposes to Indos (Del.) bare been purchased on behalf of the unimpeded importations of

approsah the foreign banks indos (Pref.) the Imperial Japanese Govern tobacco from Netherlands Indies.

with a view to coming to an Shelfs 1.elt. With the present farther Nevertheless, the past year bas Mestra, Win. Ja, and Hy, understanding with them that, Ferrica cancellation the Japanese G.vern been one of the most unfavourable | Thompson's Weekly Tea Circular | while it would be wise to continue mert has brought its parcheses in the history of the Sumatra to- (Londos December 6.) states:-to-place an embargo on silver far since the war began to £1,271,520. bacco trade, for, although a few The market is quister, and prices | export abroad, at least until after Malabons Tue Ubins Tea market is firm, crops realised less than the aver- have become irregular, with a the passing of the Chinese year, and a fair amount of business age of 93 cents made in the past downward tendency for all Lat it should be permitted to be Las been trapesoled in all grades. year for the 246,538 bales, the the best qualities. Java.—Offer shipped to the porta on the Coffee bas met with moderate cost of production has greatly ing during the week, 7,670 pkga, Yangize and all other coast ports densad, and prices show no increased, and the expenses for against 6,776 pkga. last year; in Chine. The ground for mak- quotable change. The Sugar freight and insurance which have total from Jan. 1 to date, 255,700 ing such a request is that the market maintaine a fi alone, with bsen considerably augmented by pkge, against 270,769 pkgu last merchants may not be handicapp a good demand prevailing at fuil the war, cn. the average produced year. The clerings were a little ed if they wish to replenish their plion, Peppera have been quiet, slots on the crop of 1914. Scarcely larger than in the previous week, siccka for next spring by purobes. but firm. Rice firm, but quieter, one-third of the estates in Sumatra and included 362 pkgs, from ing goods from catports. The HK. Wharves sa. Manila Hemp continues firm, and made a profit. As was expected. Somatra. In sympathy with other Chamber thinks it a good plan to prices are again deurer. Plantation from the reports on the weather growthe, there was a fairly good protect the money market here Rubber has been strong and during the planting and har demand for good liquoring and to consider the home trade of

this Bossons,

crop descriptions. bat common sorta | this country at the same time. active, Standard No. 1 Crepe be vesting ing now quoted 28, 101, per proved to contain large quan- were a wesker market. Among

The Japan Long. Sheet 28. tilice of inferior tobacco sad the highest averages were :--- lb., and Smoked

Commenting on the arrange 1031. per lb. Fine Hard Para is the proportion of first lengths Tears, 15. 11.; Goal pars, 16. 34.411, per lb. Straits Tia is proved to be very unfavourable. 011.; Pangerango and Sperate, ments that have been concluded £100 to £190 51. for cash, and Bat even if the quantity had been le. 01.; Ardjena and Boems for s public isene in Japan Government Ex- 4192 to $192 51. for three the ample, of light colour and the drs, 1s. The average for the of British

covering leaves of a larger size, whole sale on garden account is of £10,000,000, the Financier chequer bonds to the amount delivery.

the supplies in this year of war 1111, compared with 8d. a year remarks:-Our Far Eastern Ally. Indian Cotton Supply. would not have met with a better | ago. China-Privately: The In an interview by the Japan reception & the European mang-market is unchanged, and little who has already rendered invala- Kung Yiks Times, Mr. Oks, Director of thefacturers and dealers had brought er no alteration in values her able service to the cause of S'hai Cottons

Western civilisation during this Yangiszepoos п. Commercial and Industrial Affairs large stocks over into the now taken place.

war, now comes forward with Borsad in the Department of year. The usual brisk demand

timely fortcial sea's'acce, which Borneos Agriculture and Commerce, calls for the better portion of the crop

she is well able to afford, bat China Light & P. b. the attention of the business was shown, principally by Ameri-

which might have been diverted Providents b. & sa. $8,9) community of Japan to the fact can buyers; the cheaper covers Writing on November 21 when elsewhere bad Japan considered Dairy Farms. $25 that lodia is inclined to limit her from the Netherlands ladies ate, spot rabber was 24, 811. Mr. Eher own interests exclusively and Green Islands eupply of raw colion to Japan in however, being more and more, L Killick in the Financier pre ignored those of her Allies. H. K. Ice Ca., view of the heary increase in that displaced in America by native dicted 3. rubber at an early date. Before this war Japan borrowed country's trade in cotton goods, tobacco, which is so much less "At that figere there can certainly He says that a heavy blow has heavily taxed. However, the pro- be no suggestion of it flation, for freely in Great Britain to supply Steel Foundries n. been dealt to Japan's industry by portions of the Sumatra orop of rabber, although vitally im-capital for her internal develop. Trams, Low Level na.

meat, and also to meet the cost Trams, Peak, old n. the prohibition of the export of the past year answered to the portant commodity at this june of the war with Russia. By the Trams, Peak, new n. various raw materials by Great great demand for useful battare, has hitherto participated Britain. Regarding the wool cheap cigar material suitable for less than moet in the advance in Cay of fate it is now Great Laundries

Britain who is borrowing in U. Waterboats n question the Japanese Govern- apply to the men engaged in staple producte sizes the war Japan to help towards the Watsons ment hea repeated her protest to fighting. The prices for the began. The enormous importance

of ber

obligations Wm. Powells Great Britain, but no result is yet inferior aorte improved the final of rabber in connection with the payment forthcoming. According to reanite for many planter, exchange between England and contracted in a central country, Morning Posts n

bat it was the middlemen who the United States appears to ba

which elso owes its develop-| report received, he goes on to say, an argument is obtaining in profited most by this increase commonly cverlooked. The total ment very largely to copious British India, as the purchase of a pries by the sale of old crops production of plantation rubber supplies of British capital in raw cotton by Japan is heavily formerly in small demand. The this year will be in the neighbour the past. In consegnence of increasing along with the import tone of the market and the recep hood of 150,000 tons. The United Japan's economic position the of Japan's Colton goods, tion of the 490,111 bales of the States coneumes about one-half rate of exchange between that that the export of raw cotton to 1914 Java crop was most favour the world's production of the country and the United States Japan should be restricted by able, for the greater part was commodity, from which it may be stands at a favourable level levying heavy taxes on the goods eminently suitable for the manu-anmed that that country will cironmstance rendering the pre- leaf, cigar take 73,000 tons plantation. At eent operation desirable from the exported through Indian ports, lecture of inner If the argument gains support material, sad cat tobacco. The an average price of 28. 61. perib. point of view of the British among the people, and it be prices paid for this Java tobacco this represents £21,000,000, the Government, which, by raising a loan is Japan and remitting the carried out, it will prove no were constantly rising, and even major portion of which comes to

T/T minor calamity to the Japanese reached record figures, making England. In such circus.stances obtain better terms than if a fresh 30 dis.....

prcoseda to America, is able to Demand business community. Mr. Okat average of the whole crop it is an obvious national duty to credit had been opened in the 60 dis.

About c. 10 higher than that of its secure the best possible price for Daited States, quotes an article from Capital, a

The Japanese 4 M/9............................................ magazine pablished in Calcutta, predecessor. The product of the car pradace." Commenting on Government has already contri- T/T Shanghaí........... as one of the many examples of Veratenlanden, part of which we the week of November 30 the bated materially towards to TL Singapore this sort of argument. The very poor and contained but little same writer said: "The baying scance of the war by providing T/T Japan artiole in question runs as follows, covering leaf, benefited by these has been mainly on American 50,000,000 on British Treasury Demand, India .............. 171 Nom. I/T India ***** 171 Nom. according to the Tokyo paper :---

circumstances more than it de-account, consumers display Bills. In the cass of the present T/T San Francis-1 When the war broke out and served. As to the tobacco from ing considerable nervousness transaction the Japanese public

55 94 stopped the export of raw cotton the other Residencies of Java, the as to future delivery. Although

co & New York) to Germany, Ansiris, and Bel. rise in price only took place after no large quantity of rabber has are being invited to provide the T/T Jave............... 135/4

Indian the sales of the greater portion of been lost of late through the de-novelty in Japan, as it was until TIT France........ 3.26

fonda. A foreign loan is T/T Marks Nom. gium, the people in provinces entertained great anxie the importe, but the first crop of predations of enemy submarines,

em Unioo, and Bentley's.. ly as to their prospects, but once 1915, of which 74,763 bales have the danger is always present, gaite recently in the United Demand, Paris ......3,234

States, but the Japanese

AGENCIES:- Japan began her cornering they already arrived, profited thereby benoe the scrambis for supplies. public hars the were rejsided over the happy term Owing to the great demand, both It is understood that some diffic of inducements for

4 m/s. L/C ............ 2/5 1/16

CHINEIANG-Messrs. GEAR- the Barishing tobacco ulty was encountered in fulfilling ing the present isene,

support- 4 m/s. D/P .................... 2/5 3/16

ING. & Co., MANILA-Monars, of affair and forgot their anxiety from

All kinds of FOREIGN & LOCAL BANKING Now, however; they are visited industry in most countries and for contracts for November delivery on national and financial grounds. [ 30 d/s: Sydney &{

6 m/s. LJC

MACONDRAY & Co., SINGA- | BUSINESS URAIAN, .......... 2/5 5/16

CURRENT ACCOUNTS opened and FIXED PORE Messrs. BORNEO Co. DEPOSITS ceived at sales to be montained on with misgivings because Japan's home consumption, prices were The buying on this account,alons The six per cent, bond will be

Melbourne in!

LTD, GLASGOW-Hessrs. A. R. applicati parohases have been extremely constantly rising, so that the would serve to put the market issued as par, and will be free of 30 dia. Bain Franc-

BROWN, MCFARLANE & Co. LTD large, and are inclined to praise whole trade in Jars tobacco con- temporarily better, but it is evid-British income-tax, so that the the foresight of those people on the tioned brisk and profitable until eat from the advance in forward

isco& New York)

For Particulars, apply to--- Legislative Council who insisted in the month of November the prices that the rise is not a mere that obtainable from the Japanseems. France 3.38

Field is kubasantially greater than 4 m/s. Marks ......Nom.

K. KATO, exosive Importation of the keenly com- dash in the pan. Hardly any Government External or Internal 6 mis. France......3.43 on preventing, the export of cotton to Japan by the paling American and other sorte spot robber is available Loans. The condition of the Demand, Germany.. Horying of a heavy tariff, Every of tobacco brought about a severs the moment and such one may easily realize the nature drop in prices. As far as Borneo further supplies as have been Tokyo Money Markst is cleatly Demand, New York. 55 %

TIT Bombay and extent of the menace felt by obscop is concerned, the circum- docked are coming forward slowly accumulation of apecie in Japan TT Gaicutie

favourable to the operation. The Demand, Bombay... 171 Nom, the Ladian people if the striking lances were most unfavourable, A good deal of rubber is in eight, now exceeds over €30 million yen, Demand, Calcutta... 171 Nom. increase in the option shipments as this kind at tobacco could only but practically all of it appears to and the banks have been finding Demand, Manila to Japan is examined. Thongh be imported with great difficulty. be already earmarked, and its dificulty in employing their Demand, Bingapore, par she present war is the best opport- Although the quality was as a arrival is not expected to have any apity to encourage the native in rule not poor, the 14,942 bales of appreciable eff-at on the market, result of the steady expansion of On Saigon....

wurplus capital. dustry by the prevention of the the 1914 crop only produced an ach rabber is now being sold to import of foreign cotton goods, it average of 0.50, which is the the United States.b. in Estern maros which has been in On Bangkok

• Ring, mau und | Bưvereign her not been taken advantage of lowest average prios made sincs porta, sed nontrnota af kara by the Goretament, Acccedingly the commencement of cultivation nature for the whale of neck man while farmably fanger the Bar Silver, per one raw collon Tedia has advanced of Borneo tahan. As to the other can be made at the London abis balions of under Japan

arantion of a 3000rd in the fatbus. enormously, and the best part of kinds of direct imports, such as equivalent of sous-S4 td, shipping has been employed at Vás native solton millors income Brasilian, were far greater than Considering the extortionats fe taken away by Japanese im. formerly. The value of the entire freightage and dook charger, Loh, there is a boom is the shipbuild-

-highly remunerative tesighin, nadir porters Japan, takes raw botion turnover at first hand (all motta forward sales of a portion of nesting indurity oing to the rest Awal permition to be ported included) during 1915 was about season's crop by the plantation and growing demand for new dres of duty, and carries it bouse 474 500 000 as sgsinus ♬ 72,000,- companies khould now he

good burinom.”-

A

000 in 1914,

strongest

bath

CORRECTED TO NGON WEDNESDAY

JANUARY 10, 1917,

BENJAMIN & POTTS,

Share and General Brokers,

Princes Building.

Tel. address: Broker.

EXCHANGE.

SELLING.

2/4 1 2/4 5/16

2/4 76

2/4/2

2/4 9/16

.Nom.

109 14

****** par

BUYING.

This is the On Haiphong ........

2/5 5/16

57

112

TRUSTEE, EXE UTOR OF WILLS, ATTORNEY, K. Vadenaken and Execused.

SHEWAN, TOMES & Un, General Managers,

MITSUBISHI QOSHI KWAISHA. (MITSUBISHI COJ - COAL DEPARTMENT,

KISH-

SOLE PROPRIETORS OF. TAKASIMA, OCHI, MUTABE IDAKE, YOSHINGTANI, MOJO, NAMA-

ZUTA, SAYO, KANADA, SHINNEW KAMSYAMADA, BIBAI and OYUBLA

Collieries

Agent for SAKITO GOAL

HEAD OFFICE:-- MARUNOUCHI, TOKYO."

BRANCH OFFICES :-NAGASAKI MOJI KARATSU, WAKAMATSU. MURORAN, HAKODATE, OTABU, KOBE, ÚSAKA, KURE, TOKYO, YOKO- HAMA, NAGOYA, TSURUGA, VLADI- VOSTOCK, BANKOW, PEKING, LON DON, NEW YORK, SHANGHAL

HONGLONG,

HAIPHONG and CANTON.

BANKERE: The Back of England, The London Jolte block Bank, Limbres. BRANCHE:---

Karachi

Kota Bharu Kusia Lamps Madr

Bombay

Calesta

Colorabe

Delhi

Galle

Penang

Hongkong

Ratyoue

> banghai

Калбу

Lingapore

Port Louis (Mauritica)

Howrah

FONGKONG BRANCH.

Every description of Banking and Exchange. business transacied.

Ensures allowed on Current Acepeats simper per annum se Daily Balinom, and on Find Depronis at races which may be sacertained an application.

.C. CHAMPKIN,

"

Acting Manswer.

INTERNATIONAL KINGANB

CORPORATION.

HEAD OFFICE:

55, Wall St, New York

LONDON OFFICE: jë, Bishopsgate, EC,

CAPITAL PAID UP RESERVE FUNDS...

U.S. GOLD

| BOMBAY

CALCUTT

CARTON CABU COLON HANKOW

......$3,250 000

$3,951.000

...$7,181,000

BRANCHES :---

RONGKONG PEKING,

LOCK

SAN FRANCISCO LONDON SHANGHAI MANILA BINGAPORE

NEDELLIK TIKETIN PANAMA

YOKOHAMA

Through is close aliation with The Nationa City Bank of New York, the Bank in alle sueder the

Cable Address:-"IWASAKI," Codes: Al, A.B.C. 5th Ed., West Services of the Branches of that Institution in Coron

Manager.

·

had trouth America, Mamely *-

DARIA, BUENOS AIRES, HAVANA MONTEVIDEO, KIO DE JANEIRO SANTIAGO DE CUBA, SANTO », S&O FAULO, VALPARAISO,

N. 1. MARSHALL.

Manager.

Hongkong. 26th September, 1916.

THE

LIMITED.

Hongkong. No. 2, Pedder Street YOKOHAMA SPECIE BANI,

MANTIKS

APOHLE

& Franek Bammutty tiý divadeletion

24% DIBM.

65

2% prom. &1 Nom.

Early dem may i

Gold Leaf, per ot.... 51,8)

SUBSIDIARY COINS.

S: DISCOUNT" FER: $110 ;

Chinoso...20 ate pieces 3343 Houstons 30 che, places 35%

sell Chinese ... 309:

Hongkong J

Established 1880.

Authorized Capital Yen 48,000,000

Paid-up Capital

Reserve Fund

30,000,000 20,800,000

Head Office.-YOKOHAMA

Branches

Ang Hul

Colonia Chungchae

Agrichs Maki

Now York