1917-02-06 — Page 9

COMMERCIAL NEWS.

depression again. First there are alarming gold exports, then a "breathing spell," then "elerming gold imports, with perhaps an

FROM THE PULPIT.

God's Providence is Death,

Notica of a sermon by the Rev. Kirk Maconachis at Union Uharch on Sunday morning.

The righteous perisheth, and no men layeth it to heart; and merciful mensretaken away, none ensidering that the righteous is They aball enter into peace taken away from the evil to come.

the

"Isa. 57/L

THE HONGKONG TELEGRAPH, TUESDAY, FEBRUARY 6. 1917.

death, which is not very oftan, FALKLANDS FIGHT ECHO. HONGKONG SHARE

that I am speaking of con of the great affairs of life, one alm which has been go ̈ülumined by

of Prize Bounty,

Christian light, that, is ocose. HMS. Canopus Claims a Share remos does not overwhelm uwwith hopeless dismay, howevaz mavemely Cur afrotions may be wrung,

ΣΕ

REPORT

8-SELLERS; BA.-SALES; R-BUYERS; N.—NOMINAL.

OFFICIAL FRICES.

BANKS.

BANKS.

BANK OF CANTON,-

LIMITED.

| HEAD OFFICE, HONGKONG

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

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

*Sterling

£1,500,000 at 21-

$15,000,000

Silver...$18,000,000

$790

$378

FOREIGN EXCHANGE and General Banking Eusiness Reserve Transacted.

$33,000,000

Liability of

t. 160

: $900

Yangtares

I. Ox 73 $955 It was explained by Bear Admir- FIRE INSURANCES. al Grant, who at the time was in China Fires command of the Capopan, that H. K. Fires

Douglases Steamboats

aftermarth of alarming gold heavy chestiement of the identified, to this day, taken out were thus unable to discover the Urals

exporte again.

Raw Collon Trade of Japan and Ladis,

4LX

the sombreness of the picture, I do not purpose to enlarge on though there are parts of the world as it is to-day which offer

strength of Admiral Sturdee's a dron, which included the Lavincible and the Isfisible,

H. K. Wharves s. Had it not been for the part Kowloon Docks played by the Canopus the Ger-Shai Docks man ships would have realised their danger in time and escaped.

Jadgment was reserved.

Dairen Bank.

INTEREST, ON FIXED DEPOSITS:

Y

$15,000,000 DIRECTORS.

Delany Ouputy & hairman

PEAK

Chief Manager.

NOTICE

NOTICE

TRAMWAYS

SO. LIMITED.

AM, EROE 40% ithức dui ts 11.00 & 1:30 am. 4o. EXAS 750)

Hongbing-M. J. Stabk, Eng.

MATAREY

Shanghalunk. G. Mopken, Koç, London Baker Canty and

Wazalenie, Kamked,

Hongkong-Xamenet allowed

i

On Orensanatų sinha xume of 7 per cent, 10am on the dally balance-

ON FIXED DEPOSITS, For mode var znát, þar satura. For month, 21 per veni par aKKUR. For 18 machte å put curl-par zhurm,

N. J. STABB,

Chief Manager.

HONGKONG SAVINGS BANK.

TEE Business of the above Rank le conducted b S HONGKORG AND WHANGHAI BANKING CORPORATION.

Rules may be obtained on applicati INTEREST on deposita la allowed on the min Imum moothly balances at $si per cunt, per ARREM

Depositors may transfer, at their option, belanoS

4.00 AM, EVERT as mirties 100 or more to the Roockoer and Sho

Bank to be placed on FLED DEPOSIT 3 4 CHIL. per aca

For the Hongkong and Shanghal Banking Corre

N. J. STABB,

"

NIGHT CALL."

-6.30 Pat Rod 100 g) ta

11.00 T.. Lo £1,48

WYNT CRECI of a bom SUNBATH

KATURDAYS

Wink Days

Extra Car - to midnight #PECIAL CARSTM

Se Strungtamini zi the CompanYa* £«

Alezzadra Eulikings Das Terux Bland. **Saraon kád peach tidiets- avaliable for di gara cat already fail, runing at the time Rated in the Company's time cable, but not for special caps, Ca be obtained on applications at the Compacyfice No Beason ticket wil be formed until palment there.

for has been made in Bank Bola de by Chaque or Compradom dar repementing Banks

JOHN HUMPEREYS-K CO.

Chief Manageì,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Incorporated by Moyal Charter 1333.

READ OFFICE:~~LOEDON, Pald-op Cagical way homes ELABORE Rasers Landlity of Proprietari,#00000 POEKIGN EXCHANGE and General Zenzion

bacinam crascoed,

CURRENT ACCOUNTS opened and FIXZE. Akost received for 1 year or shorter periode, et mas which will be qootal ou application." T. C. DOWNING,

Manager Hongkong, 11th April, 1918..

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London.

Authorised Capital ...... £1,500,000 Subscribed

D.

$155 $367

For 3 Months 3% per annum.

SHIPPING.

For G Months 4% per an‹ um.

1.

SA.

$116 $2014

S&

$129

1.

$413

For 12 Months 41% per annum LOOK POON SHAN,

Д

106/-

b.

$33

REFINERIES,

Sugars

b.

$126

b.

$99

MINING

J

36/-

£20

8,

$2.40

31/6

· TIME TABLE.

8219

WEEK DAYS

DOCKS, WHARVES, GODOWNS, &C.

$86

BA.

S.

$126

SEX J

t. 87

...MAS PING 10.

LANDS, HOTELS AND BUILDINGS. Centrais

1

$98

H. K. Hotels Land Invest. H'phreys Est. Kloon Lands Shai Lands West Points

B

$112

Zre A.X.

1.00

b.

$7

1231 AM. DE

to-go alm. Eram 15 minutes

Lean Koon

8.

835

31/04 Book Lo KOT PRI LO

Ta

Bla

+36

{+31 F. 10

1.

16

8.

$73

1631 FUR

6" 7. L

COTTON. MILLS.

087 CAIS ---

11;

t. 145

11.

t. 131

II.

I.

t. 118

MISCELLANEOUS.

n.

$8,00 $1,60

$8,90

п.

1.

$25

THE $11,05

b.

$19

CHINA PROVIDENT} LOAN AND MORTGAGE

n.

$160

I.

$341

CO., LTD.

B.

$992

$7.20

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

Paid Up Reserve Fund

FI

$:0

$1

$81

Steel and the War. The stool market seems at fast| to be, feeling' thè à feats of the latest diplomatic marmavres in Europe, Raya the New York

Let me quotes sentence or two Evening Post of December 28.

How a Britieb warship helped about death from deeply into destroy the German squadron The Daily Iron Trade mys a combination of disturbing in-

foresting blography, "I have for under van Spee in the Battle of the last two years," "says the the Falklands Irlande was told in Banks · Ruences will close many more mille and farescas, within a few

writer, made myself so well the Prise Court when Rear

» MARINE INSURANCES. days. The Iron Trade Reviste

rendit in this true, beat Admiral Grant gave evidence in Cantons friend of mankind, that his image support of the claim of B.M.S. North Chinas says the talk of peace has caused

no longer terrifies, but calms and Canopus to a share in the prize Unions decided decrease in buying of pig iron "bat there is no evidence of

consoles me.... I never lie bounty, We see here that a generation down to rest without thinking weakness and everybody is welcoming the breathing spell." which will not have God in its that, young as I am, before the That would be all right if one owledge in relation to life will down of another day I may be no could be certain that is tales disregard is providential more, and yet nobody who knows before the Battle of the Falklands breathing #pell. It is good.fer/versight of death. The prophete would call me morces or die the officera små men of the Ona-| the steel industry to keep ran here is writing of evil times which contented. For this blessing I niny, but what if it should be would become yet more evil. The thank my Creator every day, and pas prepared the defence of brought to the point where it patio was morally decadent; its wish with all my heart I could Fort Stanley ander the most Indos (Del.) doesn't exercise enough to keep

leaders were worthless characters, share it with all my fellow-men." adverse conditions of weather, Indos (Pref.) its breathing good? The in- yet they were spared while good That is not from one of the gales of wind and snow. By Shells Convenience of war is that is men were taken away. Worstains," but from a men like reason of this defence Admiral Ferries

the rest of us, eiospt in his coal and re-victual.

Sturdee's squadron was able to CAGEDI first depression then sign of sil, the good men were unnatural excitement, and then not missed. No-one considered sublime endowment of musical

Before the battle, said Admiral low, though it might have been the history

portent given by their genius, not yet surpassed. ia

Malabons Grant, of the art.

the Garmin

ships perceived that. God in His good-

Gneisensu and Nurzberg at is from a letter to his father

Kailans tempted to make a reconnaissance, Langkats |ness was censing them to "onter by W. A. Mozart, who died at hat were prevented from doing Raubs into pesco", removed from the thirty-five, and was thrown into by the fire of the Canopus. They Tronohs

pauper's grave which cannot be proaching time, in which would "fee from them." would "desire death," and death of a world which he enriched with an almost incredible wealth of The Coacoil Bill question

beauty, but which will pay its thomande for ragtime lilta and which has been creating difficulty

starve the man who brings down in the raw cotton trade of Japan

to it the music of the spheres. and India has been settled, any but too close a parallel. There

But thoes worde about death the Japan Advertiser, of the 10th are comforting and cheering contain no conscious presage of instant. As the Minister of thoughts which arise from the tragedy. They come from a singa. Agriculture and Commerce has neglected truth underlying the larly brightand cunny personality, hot made public the means of text, vis. God's good providence whose lettera sparkle with fan solution it is impossible to make seen not only in course of life and high spirite. Why should it

The eighth regalar general a concrete explanation, but it is but leo in the ending of it, which be otherwise? Part of a rational meeting of the Dairen Bank was reported that every

obstacle

creatore's preparation for death held at the Dairen Basinessmen's bern cleared, which

The trend of popular thinking is surely to learn to ste in it some-Clab recently. Forty-one-share- welcome news to the has been bat little in this directhing for which to bless the Giver holders, represenative of 16,876 Ewos nation. From acolher souros it is tion for some considerable time. of Life when Ha sean fit to send shares, attended. Mr. S. Sato took Kung Yiks reported that sea result of British Loss has been heard than used to it. Something needs correction the absir. Mr. Sasaki, the negotiations a solution was found be about death and preparations if the thought or mention of the Mausger, gare the business in the transfer of silver ballion for it.. In particular, we have end of life only makes na "un reports. The other reports were from the United States. Stope reacted against the view that the comfortable," but that is what submitted and passed. The most were also taken by the Yokohame Specie Bank to ease matters. Mr. good men, and have emphasised understand that the

"other world" is the place for happens unless we come to interesting question of electing China Light & P. b. Yamakawa, vice-president of the the need for their presence in Whose

Father the officers was taken

Providents provideace is over A Specie Dank, in quoted as fol-bie

Dairy Farms member world. "I

Green Islands low- an immediate re- that

pray not the course of our lives is not for entrusting the work of elec- Thou shouldst take absent from the end of them, tion to a Committee, but found H.K. Ice Co.,

H.K. Electrica medy, the Yokohama Specie Bank them

out of shipped 200 pieces of silver said our Lord when He Himself the ground" without Bim,

the world," that "not one sparrow falleth to no seconder. As the result of Ropes bullion from Shanghai and a was about to leave it, and the

ballot, the following_gentlemen Steel Foundries Oar text from Iszish sets this were elected:Directorate, Trams, Low Levels. certain smount of specie. Oo words have been an easy text to fact in strong relief in certsio Mesra, 9. Sato, 8. Sasaki, 8. 0. Trams, Peak, old n. Monday a certain amount of preach from in the 20 century. I special circumstances, in which Tanaka, M. Kawabo, Y. Tsuchi Trams, Peak, new n silver bullion held by the bank in am not complaining of the tend- good men were mercifully taken bashi, Dr. K. Taji, and S. Laundries London was sold to the Bank of ency in question. On the whole, away from a fociety which had Kejima. Anditors Moure. T.U.Waterboats b.x.d. 1534 England with the understanding it has been baslihy. But does become too corrupt for their Nakamura, K. Takahashi, and M. Watsons that the payment would be made it ever occur to as to enquire why presence to pretstro it. The lizaks, The

Directors then Wm. Powells in Indis. Therefore, the bank has those sacred worde just quoted circamstances of the present are elected the President, and Mr. Morning Posts 1.

deposit in Bombay to settle should bare fallen from the not wholly parallel, yet the Kawabe proved their choice. drafts up to about Y.20,000,000. Masters' lips at all, so unlike any prophets' words have come often Hereafter, in order to make thing on most people's lips to-day, into one's mind in the course of might have been allowed to go possible new contracte, the bank or at anyrato yesterday ? Must He a world-wide wur, which is taking or as it seemed to be going, till will forward silver bullion and not have bean setting aside ano terrible a toll of young life. the time arrived when those who specie to ite branch in Bombay, impulse to pray that those few in eaid on all hands that the war were gone from it would have With the steps arranged by the followers whom He loved and was needed to purge our world been envied, and the rest, to whom authorities I am sure matters will whose welfare He desired might from many evils sad to avert the remained the burden of an ignoble, be settled satisfactorily." be taken sway from the evil to incidence of other evils which intolerable existence, would have.

come in a world which could only were threatening. Shoh a view longed for an osoape. ill-ure and iiejudge them? is taken by many who would pos

The war apart, the same truthe Is the preacher, then, offering sibly resent it from the pulpit but are widely illustrated in life at London Dec. 27.-The Bank the suggestion that death is to be who freely express it themselves. large. Ws often wonder at the T/T ..................... rate remains unchanged at 6 per preferred to life, or that life in

2/414 Well, if it be trae that the war incidence of death, and speak of Demand. 2/4 5/16 cent. The Open market rate for not worth living? Asurredly, was needed to brace and purify is as "premature." Bat the Lard 30 d/8............... short loans is 5 per cent,, and no. That is the anggestion of the life of the nations and prevent of the vineyard is the only judge

2/436 discount for 4 months' Bank billa pessimism, and pessimism is their sinking farther into a decad- of the maturity of the fruit. The Shanghai..

60 da............... 5 9-16 per cent. The Silver esentially atheism, and none the ent state, it follows that those "taken away" of my text is really T/T Singapore market has been very quiet, and low so though coloured with whose lives are given in the cause"

"gathered ip," and when He T/T Japan

hae

ia

Commercial and Produce Markets

.:

we call death,

moved

S'hai Cottons Yangtszepoos

Borneos

Fr

b.

$54

B..

$6

$49

BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

Tel, address: Broker.

EXCHANGE.

SELLING.

CORRECTED TO NOOK TUESDAY FEBRUARY 6, 1917,

2/444

2/4 9/16 Nom.

10:14

1093/ 1713 Nom. 171 Nom.

56

France........ 3.27

3274

BUYING.

4 m/s. L/C m/s, D/P 6 m/s. L/C

2/5 1/16 2/5 3/16 2/5 5/16 2/5 5/16

57. Nam.

******

3.59

baru are now qooled at 36 11 163. pistiem. To say that life is not are not losers bat gainera. It is gathers it is not too soon, and it is T/T India per cs. In the Rabber Shure worth living is only a way of better for them to have given their into His heavenly storehouse. For Demand, India..... market the volums of business saying that God's will is not lives for the saving of the world as it is hard, but for those thus T/T San Francis-] bas fallen off copsiderably, but worth doing. Whilst we have than to have gone on living in a gathered it is well. We have a say- the tone has remained firm. Mr. God we will cherish the life He world whose increasing errors and ing about some that they are too T/T Java 13534

co & New York! 0. E. Anton (of Mears, Jardine, gives and ask. His help to make evils would have involved their good for this world, and though T/T Marks Nom Matheson and Co., Ltd.) has much of it. But making much of own natores in the common de- in a sense no-one osu be that, our taken the place of the Hon. Mr. life while God gives it is a very terioration. That the high call instinct is not incorrect. Now and D. Landale of the same firm in different thing from holding on of duty has been the moral again there will appear among us

Demand, Paris the court of directors at Hong- to it desperately, and refusing to rescue of thoumade is beyond some sweet, bright spirit, of such kong of the Hongkong and let the fact that ons is mortal doubt. Shanghai Banking Corporation. ever come before one's mind.

a quality that we cannot bat feel] The Produce Markets have been That, again, is Lut an atheism of conscious how cheap a thing it indeed in the robe of our mortal- Once again, as always, one is it is only leat as for a time, olad interfered with by the Christmas another kind.

30 dia. Sydney & holidays, and many of the usual

might be for us to philosophins ity, but not of the fibre which is 30 d. Ban Franc-1

Melbourne..***, Richard Baxter used to say best this safe distance as to the suited to the toil and endurance public auctions have been an aimed to presoh as a dying man to general good results which may of our mortal state. We will m/s. Marke „........... pended. Coffes has maintained a dying men. Nowadays is in said come from a sacrifios we do not thank the Heavenly Master for the 4 min. Francs

isco& New York steady tone, with email sales we ought 10 prasch as personally make. But it is in no loan, while we possess it, and 6 m/s. France....... Ská passing st recent prices. In living men to living men, which spirit of philosophis detachment when it pleases Him to gather it Demand, Germany.. Bagar business has been restrict is quite true,

d, owing to the small supplies trath

though the that I suggest this consoling back whenea it came we will try Demand, New York. 561% is no real ailable. Poppers have been to Bazier's motto, and some of us consideration, It is better for that it is required only by His Demand, Bombay... 1711⁄4 Nom.

antilbenis thought, or that you will give it to make the surrender as knowing TT Bombay quiet, but prisms are fairly steady. will feel less diffi fence about pat our sons to have given their lives loving kindness, and the sojourn Demand, Calcutta... 17134 Nom. fice is quiet, but prices show ting him right when we can claim nobly

TIT Caloutta............... little alteration, Manila Hemp 10 have more of bis fervent soal living another 10 or 50 years been in vain. For who can mes-Demand, Singapore. 10014 on with us, though brief, has not Demand, Mantis... 112, has ruled firm, with moderate for God and deep love for soule. upon a mean level, and when wa sare the service rendered here in On Haiphong........................ 244% prem. transections at doarer prises. Here is Baxter's own view on the ask why God does not stop the drawing forth our love and lick-On Saigon........... Planation Babber has been quiet,|mailer :--- and prices haza receded" soms

war, that is a thing to be borne in ing it to the highest, by, say, the On Bangkok

2% prem. what, both Standard No. 1 Grape

Lord, it belongs not to my ours mind. If it be true that life in youth or maiden of years, a evan Soramign

6574 Whether I die or five ; and Smoked Shast being now To love and servs Then in my by deeds, and still more by sims, weeks or days?' Yea, who can

not to be mensared by years but the precious infant life of only Gold Leaf, per .... 48.80 gooted Za. Ild. per ib. Tins Hard

share,

Bar Silver, perne.... 3744 Para is Ju, 214, per lb.

[ we need' not stand appalled ́as over-state that service, when we And this Thy grace must in the presence of hopeless think how those tender bands

SUBSIDIARY COINS. RITS.

mystery, as though she ex rosch out and those loved voicem When we realise, with St. Paul, penditure of life were mere keep, eslling to as men and that "living or dying we are the waste which s For a good solid meal als Lorda" death is shorn of its loving God would have found the realm of light where they Wise and women hers, wooing us toward Carte or Table⠀ d'Hote with Wines & Liquors of the Bestors: I like to remember, it medus to avert. - Were God toen dwall with the Father, having ALEXANDRA CAFE, tréévar 1 speak on the subjent of wire and Ism loving, the world entered into pesca?

*

than

go

841 Nom.

*

་་

H

Lois o Morgagt of House Property &c. Goods received on Storage Advances tande on Marchandise.

Losas made of the Provital Bystem. (Batas pad Particulars on application).

The Office TRUSTEZ, EXECUTOR OF WILLS, ATTORNEY, &c. Underakes and Executed.

SHEWAN, TOMES & Co. General Managers.

*

MITSUBISHI GOSHI.

**KWAISHA.

(MITSUBISHI DOL) COAL DEPARTMENT.

SOLE PROPRIETORS OF YAKAZIMA, OCHI, MUTARK, KISH- IDAKE; YOSHINOTANI, HOJO, NAMA. ZUTA, SAYO, KANADA, SHINBEW, KAMIYAMADA, BISSE AGE OTURAR

Collieries.

Agente for 'SAKITO SOAL

HEAD OFFICE:→ MARUNOUCHI, TOKYO.

BRANCH OFFICES-NAGASAKI. MOJE ZARA180, WALAKATAU; OTARU KUBORAN, HAKODATE KOBE, OSAKA, KURE, TOKYO, YOKO HAMA, HAGOYA, TSURUGA, VLADI. VOSTOGE HANKOW, PRKING, LONDON, NEW YORK, SHANGHAI HONGKONG; SAIP::O thà CANTON,

Cable Address :=="}WASAKI,” Cod-s: AL, A.B.A, 5th Ed., West- ern Union, and Bentley's,

AGENCIES: CHINKIANG-Messrs, GEAR- ING & CO., MANILA-Messrs. MACONDRAY & Co., SINGA- PURE-Messra, BOENEO

Co.,

| LTD, GLASGOW-Messrs. A.R.

I p

BANKERE:

The Bark of Englec?

1,125,004.

562,500 $50,000

The London join Stock Bank, Limizas.

BRANCHES

Bombay

Calesta

Colonso

Delhi

Galia

Hongkong

Howiak .

Kandy

Port Louis (Maurities)

Karachi

Xoca kera

Kuala Lump

Madras

Penary

KADECOR

thangal

fingapore;

SONGKONG_SEARCH,

Every description af Banking and RachanİR, brain transacted.

Antarest allowed on Current Accounts at par ces per sanam on Daily Halancas, auá co Find Deposit at eine which may be ascertained on applicatio

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING.

CORPORATION.

HEAD OFFICE:

13. Wall St, Xew York,

LONDON OFFICE?

76, Bishopsgate, CAPITAL PAID UP......$3,250,000 RESERVE FUNDS. $3,931,000

U.S. GOLD........$7,181,000

BRANCHES :-

HONGKONG PEKING. KOBE LONDON

BOMBAY

CANTON CEBU. COLA HANKOW

CALCUTTA

MANILA

SAN FRANCISCO SHANGHAI SINGAPORE

MEDELLIN TIENTSI PANAMA

YOKOHAMA -

Through for close aliation with The Nationa City Bank of New York, the Bank is able to offer Du Brices of the Branches of thez Justication in Cam and Fouth America, saly -

HAVANA,

BAHIA, BUENOS AIRES, MONTEVIDEO, RIO DE JANEIRO: SANTIAGO DE CUBA, SANTOS, SAÓ PAULO, VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSIBERS and

CURRENT ACCOUNTS opened and FIXED DEPOSITS received at ratesto be mourvalssi as application.

3. &. MARSHALL.

Maangor.

ROWN, MCFARLANE&CO, LTD. Hongkong, 26th September, 1916.

For Particulars, apply to¬

K. KATO, Manager,

Hongkong, No. 2 Peddar Street,

MARTIN'S

PAPIOL

THE ALEXANDRA dis: Cannot be - 1

DISCOUNT PER $100: Chiness ... 10 Chinese... 20 ots pisos1551% dia. Hongkong 30 cts. pieces Hongkong 10

ong for Brend, Cakes, Dant

and mesls with Win

Tar

THE

YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000 Paid-up Capital Reserve Fund ...............

400 30,000,000 20,800,000.

Head Office →YOKOHAMA.

and