1917-02-14 — Page 9

FHB HONGKONG TELEGRAPH KVEÐN IS

COMMERCIAL

South African Wool.

Increase in Philippine Cigar Shipments.

Roumanisa Consolidated Oil-

to-day. Mr. W. Watson Buther-

NEWS.

ก

#.00-

FEBRUARY 14-2017.

HONGKONG SHARE REPORT.

& SELLERS; 84-8ALES; B.BUYERS; 'NNOMINAL.

OFFICIAL PRICES.

BANKS.

MARINE INSURANCES.

FIRE INSURANCES.

SHIPPING.

BANKS.

BANK OF CANTON,

'LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General Eanking Business Transacted.

INTEREST ON FIXED DEPOSITS:

For 3 Moaths 3% per annum

For 6 Months 4% per ani um- For 12 Months 4}% per annum LOOK POON SHAN,

Chief Manager,

$715

.

$375 1.

t. 130 $900 1. ex 75 8255

1.

$155 II. $3671

*b. I d

8114 $19 $127

I

$414

IL

106/-

b.

$33

REFINERIES.

să.

$124

$30

MINING

D+

36/-

1.21

$2,40 28/m 82/9

7.00

Kailans Langkais

A sample of South African London, Dec. 29. Presiding of Public Safely, and a deputa feeling the scarity of labour

Roumaniel Oilfields Destroyed. įdustry, and appointing

mittee, to be called the Committee that to a certain extent they wore wcol ordered by the Maslin Sping at the ordinary meeting of the tion to wait on the Prime Minister, very badly. This, however, might ing and Wearing Co. in Osaka has recently arrived at Kobe. The total volume of cargo is 200 folds, Ltd., held in London and the President of the Board of as it would force the Chinese mine the Chancellor of the Exahequer, prove to be a blessing in disguise, bales or 7,000 lb., mostly greasy wool. In view of the difficulty ford, P., said that probably the Agriculture, and press on them owners who have hitherto shunned of obtaining Australian wool the value of the oilfields destroyed by the guarantees at once en that The shortage of tonnage from Banks

the urgent necessity of granting the use of machinery to turn to it. woollen mill men in Japan are the Allies in the Boumanien paying much attentica to the retreat amounted to 30 millions and could be immediately pre- China and the increase in from result of this experimental sterling. It was wholesale dos pared.

ance and freight, coupled with the Cantons measure taken by the Muslin action, actively carried out

unfavourable exchange on Hong North Chinas Spinning and Weaving Co. by the British Military Com-

Chinese Trade in the F.M.S. kong had inconvenienced basiness Unions The quality of the saple from mission, acting upon their Sys the Malay Mail:-The to a certain extent. The boyer, Yangtzzes Booth Africa is said to be quite astractions from headquarters prosperity of these Sister, to re- however, was made to bear thie, excellent and in every respect it This work of destruction so peat a statement very frequently and it had not affected the pro- China Fires

rendered made, is in a large measure dae sperity of the shopkeepers to any H. K. Fires compare favourably with Aus bly carried

oat, tralian wool, bat inferior qualities the property and stock utterly to the Chinese merchant and the great extent. Daring the past If this be the usual practice of however, whether this wholesale Chinese penetration which the more peaceful than in any other Steamboats are mixed with the present sample, slots to the enemy. He asked, Chinese labourer. The peaceful rear the Chinese had been far Douglases

·South African wool sellers, saya u

destruction was necessary.

HF.M.S. has enjoyed can in no way year. The new taxes bad had no indos (Def.) Tokyo paper, it will not a little thought that if good artillery and be compared to the system of great feet on the prosperity of Indos (Pref.) restrict the trade just to be began. bably not have been necessary.

shells bad been sent it would pro- German penetration. The for- the people except the taxes im-Shells The cost including all charges in

mer- thickens the life blood of a posed on tobacco and matchse, Ferries also rather high though it may be The military commission had, country, the latter packs the which had had an appreciable slightly lower than the present

therefore, no other alternative bat blood from a country's vital.flect on the expanses of the Sugars famine prices.Exchange.

to take these drastic mesBRION The proeperity of Chinese rickeha coolie class. This was Malabons beacuse of the absence of adequate trade ia therefore matter not, however, very serious, Things munitions. The oil welle of Ger- of extreme importance to were now getting more normal man companies had also met a these lande. Chinese New Year owing to the publication of Gor similar fats. As to the booty forma a particularly appropriate erument notices which regulated Raubs An ineresse of almost 300 per much less in valos

captared by the enemy it was time in which to review the past commodities to something like their Tronohs cent. in the export of Philippine was to them at a correspond. bazaar, and a representative of Europe was in a better condition

than it year's "ativities in the lccal former level. The trade with Urals cigars to the United Staten during ing period of three months the Malay Mail with the idea than that with China. Owing to the month of January, 1917. prior to the war. Consequently of obtaining the Chinese view besty kicke got from Earoge to compared with January, 1916, is they had gained no compensation, yesterday interviewed a number counteract the effects of the sbert shown fo the statement issued by While be deeply deplored the of prominent local Chiness Age of tospage more profits had the Manila collector of internal disaster which had overtaken business men on the subject. The been made on European goods revenue. According to thin

Roomanis, there could be no year generally is conceded to have than on Chinese goods. It w statement 12,943,106 Manilacigers doubt as to the advantages acorn-been prosperous, despite au- impossible to look into the future Centrals were shipped to the United ing by Roumania entering into mercas dificulties. The future is at present, Mr. San Ah Wing, of H. K. Hotels Staten last month as compared the war. Great Britain and the obscure and only one gentleman the Kwong Yik Bank, ssid that Land Invest. with 4,506,224 for January, 1916 Allies owed a great debt of would speak definitely on the the Chiness last year had doo H'phreys Est. b. 4,219,898 for January, 1915 and gratitude to that heroic nation subject, only to iske an optimistic some very good huxiness, and the K'loon Landsn 3 183,308 for the same month of 1914. The shipments of last through their noble adhesion to main industries, .., tin and though it had caused everything West Points for the enormous advantages view. Itwas felt that so long as the war had not affected trade, S'hai Lands mooth exceed those of 1913,· which total only to 11,458,197

our cause. When the Bouman-rubber, remained as they were at to go up in price, particularly in ian Army had an opportunity of present all would go well The regard to Chinese goods, which Ewos In commenting on these figures recuperating, be foreshadowed opinions collected were as follow: ware affected by the high freight Kung Yiks the collector stated that while he that they would accomplish brava-Mr. Loke Yew's attorney, Mr. and unfavourable rale of ex-Shai Cottons was gralified at the increase dende in combination with the Kam Chuan, said that it had been change. Speaking on the cause Yangtszepoos shown as a result of the greater Russians such as have only been a prosperous year. Money had not of the unfavourable exchange efforts of bis bureau to stimulate equalled by the Allies in the been very tight, business had with Chins, Mr. Ah Wing said Borneos the export trade in Manils cigers other war areas. during the past year, he is nev

been good and almost every shop that it was due to the high prios China Light & P. b. ertheless disappointed in the fact

showed good profits. The main of silver. At one time this necas. Providents that an increasingly large pro-

festare of the market had been sitated a premium of $4 per cent, Dairy Farms portion of low grade cigars are

the impossibility almost of obtain on drafts to Chins. This time Green Islands ing goods. The desiers who had last year the banks had been H. K. Electrics being sent. To feet the in-

exercised some degree of foresight getting more than $20 discount. H.K. Ice Co., Foreasing demand for low-priced

Cigars in the United Stater, Mr. held in the Cannon-street Hotel getting together large stocks This, naturally, had caused Ropes Rafferty states that only organised to consider the question of the and in consequence reaped good the increase in all articles import- Steel Foundries 7

Trams, Low Level fa.

Norwegian Commercial and

- Shipping Expansion.

Beet Sugar.-Guarantees Waated.

At the public meeting recently

DOCKS, WHARVES, GODÓWNS, &C.

H.K. Wharves b. Kowloon Docks b. S'hai Docks

PEAK

NOTICE

NOTICE.

TRAMWAYS

CO, LIMITED.

TIME TABLE.

•

WEEK DAYS

LG & Ever og minzzes

10 am to 10:00 AM. Foot to

Mon NIGHT LAKE 4.49 13 240 4 ZMŲ 100 780) De $1,90 Flat Gray half hours

of a boar UNDAYS

1.00 4 28-30 alk. Erant i muutes

IGH CARS an on Walk Days.

SATURDAYS

SPECIAL CART

$891

15.30 A.Mt. 28 17.65 B

#

$126

KR 45 H.M+ to LIF

SAS PELTO

2

S.

t. 85

J

LANDS, HOTELS AND BUILDINGS.

4:09 2.1) 1

M

$93

5,

$112

$91

7.10 1.K

$614

**

1.

t. 85 $28

*0.33 A, 1000 MOO Boo so tebe Palla L-be part Fr 600 7.30

"

-

$1.

COTTON MILLS.

It.

t. 145

a.

5.

t. 13 t. lis

B

t. 5)

MISCELLANEOUS

Εν

$ 8,00

$1,00

$9,00

12

$251

SA.

b.

$11,50 $49

THE

The

$180

$341

$10

$7,90

$10

61

2.

$154

n

$6 $29

CORRECTED TO NOON WEDNESDAY

FEBRUARY 1A, 1917,

BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

Tel. address: Broker.

EXCHANGE.

SELLING.

2/412 2/49/16 2/451

2/44

101 ........... 110

***** 172 Nom. 172 Nom.

5614

-distribution and price regalation growing of beet and the manu-Profits; while the more cauted from China. Owing, however, Trams, Peak, old n. among the manufacturers will facture of beet, sugar, the chair ious trader bad not made to the steady price of robber and suffice, and if such action is not man, Mr. Edmund Kimber, re every description had made bad been doing well. It was U. Waterboats b.

much, Daalers in ironware of tin all the Chinese and Malays Laundries

Trams, Peak, new n. aken the Philippine Lalande are ferred to the associations which in imminent danger of another had made more or less satisfactory which had cost from 45 cents to Prices of all commodities would Wm. Powells

most. For instance, obangkole, difficult to look into the future. Watsons disastrous slump sach as followed experiments in the growth of best 50 cents each in pre-war days, go up still further next year in Morning Posts . the extraordinary proportion of and held meetings and passed were now from $130 to $115. view of the scarcity of shipping. cheap cigara shipped in 19:3

¿ resolutions strongly in favour of the industry. None of them, how.

The Cost

price of articles The present "pinch" would, he bad, it was true, been higher, but thought, continue for at lezet a ever, had, he said, obtained what profits had bean larger than in year after the war. Mr. Loke Chow they all deemed most necessary ordinary times. This coupled Kit, J. P., said that trade had The present year has witnessed of interest on the capital required had resulted in excellent basi had been buying dearer, but were nemely, a Government guarantee with a big demand for ironwars been quite all right. Traders a very strong demand for capital, for its development. The Ger which at some periods has been man and Aneirian Governments bese. Tin had been moderately selling dearer, with the result that of such a beary character that it some years ago so fostered the good and the coolies had in con- there had been good profits. The as threatened to break some of sugar industry in their countries sequence been peaceful. There war bad a good effect, generally, the younger and less experienced that in the year before the war the mining coolies leading were, however, suffering from a Norwegien fonncial institutions. they were able to supply this

was, however, a movement among on rabber sud tin, The mines! According to the Norwegian country with £15,000,000 worth

large numbers of Official Gazette, between January of suger out of total consumps less work and more pay. the rabber plantations.

them shortage of coolies, who wars to the estater, where there invariably drawn by the lure of TIT and September 30, this year, tion the capital invented is Nor-supply had gone for ever. Now is of £23,000,000, Their

Thi

This Demand would hava great necesitated the use of more 30 đ/s. wegian shipping has increas the time for action. The land, if effect on mining and would reanis machinery at ed by about 565 million kroner prepared now, could graw a orop saving machinery. At present, firewood were

a time when 60 d/a....ZONE SPA WAS ASK in the introduction of labour-machinery, (about 33 million pounds ster-of some sixs in the coming your,

oil, col and 4 m/......................................... 2/4 13/16 ling) Next to the skipping trade and by the time it was ready for however, the shortage prevented than usual. This would all re-

more expensive T/T Shanghai.... Nom. the banking institutions have the factory some machinery could scale. After the war more machin- made by the mines, Rubber, on Demand, Indis T/T Singapore working on anything like a big sult in a decasse in the profits T/T India absorbed the largest capital in be got ready. It would by degrees, ery would be introduced into the the other hand, had benefited in T/T San Francis

TIT Japan yeatments. The returns show that and in a few years, supply the FMS. Questioned as to the fature every way. Speaking as to the 24 new banki have been establish whole of the deficiency. During trade prospects, Mr. Kam Obaan fatare, Mr. Chow Kit said that if T/T Java....... 13614 ed, with a capital of 40,300,000 the last 25 years 4,000,000 acros said that people out here were the war continued and there was T/T Marka Nom

co & New York) kroner, and 24 old banks have had gone out of cultivation in entirely dependent on rabber and any difficulty, for instance as T/T Franca.......... increased their capital by Great Britain, but 500,000 acras 25,100,000 kroner. New induat would supply the deficiency and in. If these two failed. where impossibility of getting pece for Demand, Paris rial companies have been formed bring in from arable land fire did the prospect come is ? Under cargo, and they could not get their with a total capital of 21,400,000 times the revenae now derived possible to are absad with any would be very serious. Tonnage present conditions it was not rubber and tin away, the maites kroner, and old companies have from pasture. Guarantees of in- degree of certainty. Another was decreasing and as the year 6 m/s. LIC increased their capital by 241terest on capisal were no now million kroner for expansion par- things in the British Empire. In prominent member of the local went on the war would more 30 dia. Sydney & poses. Amongst the new companie 1882 the Ladian Government member of the Chinese Chamber Chas Cheng Liat, of the Cycle 30 die. San Franc

Chinese commanity and a leading and more affect iccal trade. Mr.

Melbourne, .

2/5 8/16 industrial under-refused to give any more goar of Commerce said that the year and Carriage Co., said that, so far Many makinge which have not formerly antess for railways, but was later had been fairly prosperous and rinted in Norway. Four new obliged to reveres their decision, better than that of the year be bad nothing to grumble at. The 6 mis. France...... 347 5734 isco& New York! aling companies, with a ospital and to-day the Government was fors, by which time the people control of mannfictores and Demand, Germany as busjones was concerned, they mis, Francs`......

4 m/s. Marks...... Nam.

3.42 of 6,480,000 kroner, have been receiving as its share of the had not quite settled down to war abortage of tonnage would very Damand, New York., 565% formed, and one has increased its profits, in consideration of each conditions. No complaints had much inconvenience trade in the T/T Bombay ......... capital by 14 million kroner. Of guarantees, £4,000,000 a year, been received from anywhere fatore. After the war, in his Demand, Bombay... 172 Nom: three companies some are coal The same thing would happen with regard to loss of trade. The opinion, the present state of T/T Calcutta mining companies, working in here, though with greater ad- Spitsbergen. The insurance basi vantage in the case of best,

prosperity of the people was sira wanid'cease to exist and Demand, Calcutta... 17% Nom.: ness has been increased by four degrees the Government would demonstrated by the absence of things would become cormal. Demand, Manila new large companies with a total receive an

gang robberies, usually so prera-Business, however, depended on profit,

Demand, Singapore, 10114 Capital of 181 million kroner, counting probably to 28,000 lent at this time, and the smrcity the regular receipt of commodities. On phong 25% prom. of bankruptcy cases. This pro

On Beigon

... 27% prem. On Bangkok ........ 647 Sovereign

8.35 Nom. Gold Leaf, per om... $7.70. Bar Silver, per Camer

SUBSIDIAR COINS

are

enormous

Br

while fire old companies bave in. 000 a year without in any WAY sperity was due to the prises of ormed their ospital by 3,650,090 injuring the West Indian ose in and rubber which had been

# moder, ás regarde commercial sugar trade. Mr. Fleming moved | gluedy and favourable througho

nies havə, Esen'formi with a ried ananimously, condemning the of these products, automa

bondage this country" was in to

foreign

nian School Beys Conscripted.

m/s. D/P

4 m/s. L/C

3.30

BUYING.

3.30

2/5 7/16 2/5 9/16 2/5 5/16

113

+

Be Arronement at the Compton's Clu

&lasedre Baldings Du Tux Road. **Samsor sad pench tiekats avgitable for all cars tot already fall, rasaing at the time stand in tim Company's stone tables, Est not for spacial care. Cas be obtained of application si the Company's Oboo son ticket wit: be locand until paym

No

for a barn wede in Bank Kotar or by Cheque OF Compradors endar reprasacing BanY K."

JOHN D. MUMPHREY & CO.

CHINA PROVIDENT LOAN AND MORTGAGE

CO. LTD.

(Capital Paid up...$1,250,000:) Loans on Mortgage of House Property & Goods received Storag

Advance made on Merchandion' Loans made on the Providest Byles. (Rats and Particulars on application).

The Office & TRUSTEL, EXECUTOR OF WILLS, ATTORNEY, &c. Undertakes and Exscent,

SHEWAN, TOMES & Co. General Managers.

MITSUBISHI GOSHI KWAISHA.

(MITSUBISHI CDJ

COAL DEPARTMENT.

SOLE PROPRIETURS OF TAKE IMA OCHI, MUTABE, KISH

DAKE, YOSHINOTANI. "BUJO, KAMA- ZUTL SATO, KANADA, SMINKEW, KAWIYAMADA," SIGRI 30d DYUMAR Colitarias.

Agente for SAKITO COAL,

HEAD OFFICE:- MARUNOUCHI, TOKYO, FRANCE OFFICES :-NAGASAKI VOJL KARAISU, WAKAMATSU, OTAKU, MURORAN, HAKODATE <OEÓAKA, KURE, TOKYO, TOKO. HAMA, NAGOYA, TSURUGA, VLADI. VOSTOUK HANKOW. PEKING JONDON, NEW YORK, SHANGHAL, SONG KONG. HAIPHONG ad CANTON.

Cable Address:~~~{WASAKI, Cud-s: Al, A.B.A. 5th Ed., West- ern Union, and Bentley's.

AGENCIES: CHINKIANG-Messr1, GEAR- G & Co., MANIA-Mossra, HACONDRAY & CO, SINGA" RrMessrs. BORNEO CO., LTD. GLASGOW-M-surs, A.R. ROWN, MCFARLANE & CO.LTD. For Particulars. apply to➡

K. KATO, Manager, Longkong. No, 2. Fedder Street,

MARTIN'S

AMOLOTY

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

Reserve Liability of

Proprietora....TED

$33,000,000

$15,000,000

COURT OF DIRECTORS.

Hen. Mr.C. Anken

W. L. Faltendes, Xen-Chairman,

B. I

U: Gabbey, Eng

Deputy Chairmas

Mr. P. Holyank.

E. V. IL PAST, Eng.

3. A. Planner, Ma

Hon. Mr. Z. Buellim

CHILE MAKAVERK Hop-N, J. 2015, Eng.

MANAGER

Shangbali G, Stephen, Eiq, London Bankers-London Ocmaty and Wester, Limited.

Hongkong-Iincest Allowed i

On Current Account at the sute of 5 per ce

AKKUM ON The dally balanes,

ON FIXED DEPOSITA.

For 1 monila, 28 per,peal per añosm.

A

Tor months, 2 per cent. Per RADOM.

Zorze month, & par cook, per annem. N. J. STABB,

Chief Manager.

HONGKONG SAVINGS BANI.

THE Basians of the above Bank Is toodacted by the HONGKONG AND SHANGHAI BANKING CORPORATION,

Kules may be obtained on application

INTEREST on deposits is allowed as the, and kam monthly balancer at #38 per cent per MBRYOS, Depositors may transfer, at their option, balusČN

of $100 or more in the BoorkoRET OF 4°

Bank to be pizced on TERD

cent, per azDUNE,

For as Hongkong and Shanghal Banking Corpane

N. J. STABB,

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Incorporated by Royal Chaizar Slyp

HEAD OFFICE-LOKDOM, Paid-up Capital. Beserve Fund an a

Rana Libility of Proprietors$1,000,000 FORZON KICHANGE' and Gevaral. Baskine

transected. CUBERTS opesad and PIXEL DEPOSITS Pécsived for 1 year or shorter peršala, ma rate which will be quoted on application.

T. U. DOWNING,

· Manager. Hongkong, 11th April, 1912

THE MERCANTILE BANK OF INDIA. LIMITED.

Head Office 15, Gracechurch.

Street, London. Authorised Capital .......£1,500,000 Bubscribed

Paid Up Reserve Fund

"

+10-400

1,125.00€

562,500 550,000

BANKERS The Bark of England, The London Join Stock Bank, Limited

BRANCHES

Bombay

Calci

Colombo

Delhi

Galle

Hongkong

Howrah

Kandy."

Pors Lonia (Mauritias.)

Karachi

Kota Bharu

Kuala Lump

Madra

Penang

Rangoon

bacgha

Lingapor

HONGKONG BRANCH,

Every description of Banking and Exchange business transacted.

Interest allowed on Current Accounts at æpar cons peram de Daily Halances, and us Fixed Deposit af rates which may be ascertained on application.

C. CHAMPKIN,'

Acting Manager.

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE :

2. Well Se, New York.

LONDON OFFICE - #6, Bishopsgate, LL CAPITAL PAID UP......$3,250.000 RESERVE FUNDS...$3,831,000

US, GOLD

47.181,000.

BRANCHES ----

BONGLONG PEKING,

CALCUTTA KOBE

BONRAY

CLITON

CEBU, COLDY HANKOW

LONDON

KANILA

SAN FRANCISCO SHANGHAI EINGAPORE

MEDELLIN TIENTSIN PANAMA

wwww..c

YOKOHAMA

Through its cities aliiarion with The National City Bank of New York, the Back la able to offer the Bervices of the Branches of that institution in Cale and South America, Namaly -

AIKES DE

HAVANA, JANEIRO

SAG

KAKIA, BUENOS MONTEVIDEO, BID SANTIAGO DE CUBA, SANZOS, PAUL), VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINESS CREABCTad,

CURRENT ACCOUNTS opened and FIXRD) DEPOSITS received as rates to be uncartaland as application.

GEORGE HOGG, V

Hongkong, 26th September, 1816.

THE

YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000 Paid-up Capital ... $0,000,000 Reserve Fund

"

+

20,800,000

*Head Offlon,--YOKOHAMA