1917-02-23 — Page 9

GENERAL

Low-Powered Standard.

60: Vice

the

Lagaches."

#

British

Marine

S. Niels Nielsen,

of

THE HONGKONG TELEGRAPH, FRIDAY, FEBRUARY

SHIPPING

S.S. "Klagsing." The Indo-China Steam. Nav. steamer Kingsing, Messrs. Jardine Matheson and Co., local agents, put in at Dairen on February 12 from Shanghai, in order to ship thereto 30,000 pla, beans.

The High-Powered Paraffin Motor.

i

NEWS.

וי

HONGKONG SHARE REPORT.

&-BELLERS; BA-SALES; B-BUYERS; N.—NOMINAL.

OFFICIAL PRICES.

6.

BANKS.

BANK OF CANTON, LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General MARINE INSURANCES.

Banking Business Transacted

Borneos

INTEREST ON FIXED DEPOSITS:

For 3 Months 3% per annum,,

-For 6 Months 4% per ant um.

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager.

$710

Πα

IL. n. ex 73 #265

$975 t. 150 $900

I

$ 155 $367)

SHIPPING.

2.

$109 $19

B.

$125

$614

106/

F.

$59

REFINERIES.

b. & sa. $110

1.

$55

-381-

b.

L19

8.

IL.

$2,40 30/-

281-

100 a R

10:00 30.00 AM, 4

11.00 + 14,19 AM, ka 10.45

$13

** 45 230 da LAKE, ko

$128, t. 81

10

KIE 201. 5o 50.

I DO N

IS

L Le M

MINING

.

PEAK

NOTICE.

NOTICE.

TEAMWAY'S 30. LIMITED.

TIME TABLE:

WEEK DAYS)

4.00 am. Evert så mindɩES

NIGHT CARS,

18

14

*

£4

+

l-sa ram and VRML DE PARED 11.00 a very kači kori

SLOT P.M. IN 13-41 Pa

AUNTY CERKer el un benzi BUNDAYS

1.00 to 10-20 AM, Every 15 minutes £3.00#.#

DHS CARS » on Week Daya.

SATURDAYS

Extra Car to midnight.

#PECIAL CARS.

We kirungramat ni the Comprer's * Ata. Almendro Baldags, Du ↑œux Bonds *Season and punch tickets availabla for all cam Tot already fall, running at the time mated in tha Company's time tables, de sol for special cani, Osa vótaítími em application at the Compacy'a Oca Na Senac iclost will be inaund until pazmanť chore

8.

$93 $107

7.20 4.2.

b.

$91

b.

10.30 am, be

$6.50

3

314.10

11.

$38

1. MOON LO 100 sta +

10

JM)

The

t. 88

133 PM 10

b

14

1

#78

* Ca

"

•

COTTON MILLS,

D...

5.

b.

8.

t. 145 *. 13). t. 115

t.

MISCELLANEOUS.

b.

$T $4,63

B.

$9,00

b.

$24"

b.

b.

$11.10 $49

D.

$160

b

$32

$10 $7,90

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

$9,80

$I

Lorna on Mortgage of House Propanty ke Groods received on Storags.

$159/

Advances made on Merchandise. Load made on the Provident system, (Rates and Particulars on application),

The Office o

CGI

$6 $19

B.E. agent at Seattle, prior to "After the War Competition. different and higher plane than our departure therefrom, how Daring the past fiscal your other industries, satitling them Most of the loading British watters stood at Dairen. On American shipyards for the first to special consideration. On the firms are now giving much more arrival bere, we were pleasantly time began the construction on a score of the efficiency of Labour attention to the turning out of surprised to see the complete and considerable scale of ocean steam- it will not be overlooked that, small commercial launches to up-to-date port facilities of Dairen, ships for foreign owners, mainly spurred by the struggle for a standard designs. This is which may favourably compare Norwegians. The returns from oral existence, the principal :decidedly

BANKS. moet desirable with those at European and builders show that of ships build-manufacturing nations of Europe Banks

ing or ordered on July 1, 1916, for two years ander volunteer development, as not only is the American porta. ̈prospective owner assured

fully 125,000 gross tone were enrolment or cossòription here biring a hall of tried and

for foreign shipowners. The first turned all their inventire genias Cantons "tested lines, and of a prored

of these large steamshipe—the and talent to the solution North Chinas speed, but pays less for his

Antwerpen, 7.955 gross tone-was of the problem of enabling Unions Isanch than if she had been

transferred to the Netherlands those left at home to main-

Yangiszes constructed to particular dimen-

flag soon after completion, tain production nearly FIRE INSURANCES. sions and a particular speci-

and on her 'initial voyage was as possible at the rate at which China Fires Bastion. Such well-known Arms

destroyed with a valuable cargo. it was formerly maintained by H. K. Fires Mers: John L Thornycroft

The figures osanot be stated the millions of men now in arma. -ma 1 0ɔ,, Lɔndan, and Mowers. J.

ersally broanES considers ble The armies will return to a differ- Douglases W. Brooke and Co., Lawsstof: un

tonnage is reported under con-ent and more sense industrial life Steamboats New Japanese Shipping Firm. also · Messrs. MacLaren Bi

struction for builder's account, that that which they left. Under Indos (Del.) Dambarion, and the Bergine Mr. O. Goto, in charge of the will sail under the American or a American

and whether when completed it faintly similar conditions the Indos (Pref.) Lanach and Engine Company, shipping department of the foreign flag is yet to be determin- Olivil War devoted themselves Ferries

armira after the Shells Glasgow, de, &c., have for many Sang How Co., Dairen, who ad-ed. Since July 1, 1918, the ton mainly to ears back been turning out com-ditionally acts as local agent for nage ordered in American yarde of

the development plete launches (hall and several Japanese shipping com for foreign shipowner exceeds of the West or to the robabilit Malabonx

the agricultural laods Sugars machinery) to standard design, panies having versele registered that ordered for American owners. ation of Southern agriculture. and with considerable roccem, too. st Dairen, has just resigned from The fact that between 10 and 15 Most of the great armies of Kailans A firm in particular, which the above firm to establish on his per cent, of the merchant tonnage Europe, except the Bassien, must Langkats realised the field that lay ahead account a shipping concern for complete lanaches built to under the title of "Gato and Co. now building is for foreign owners re-enter industrial life or smi- Rauba standard models, and has mes The new office is located near the American shipbuilding industry, camber will follow the former Urals

is surpioions for the future of the grate, and presumably the larger Tronohs with no ems!! success in this Dairen Tram Car Shed, direction, is the British Marine

At present, says the Journal of course. American industries DOCKS, WHARVES, Motor and Launch Company,

Commerce, the. shipbuilding must not build too tigh hopes on

GODOWNS, &C. industry is not on a competitive so assumption of better machin« H. K. Wharves n. x. d. Whiteinob, Glasgow. Daring the Well-

basis. past three years this

The shipyards of the ery, better inventive powers or Kowloon Docks sa Clyde knowo

concern bare

belligerent nations are fully higher efficiency in labour. The S'hai Docks Daring the past twelve months, occupied in meeting varsl and single fact that vist popula- been turning out in numbers salvage

LANDS, HOTELS launches, Lenders, Baya the Journal of Commerce military demande and iations, like the Russian, for two AND BUILDINGS. and lifeboats for the davit of there has been an increasing farnishing a curtailed supp-years have stopped the use of Centrals merchant ships, and general demand for paraffin motors of ly of merchsat ships to intoxicating liquors and that all H. K. Hotels ntility laurobes all to standard bigb power, particularly for nas their own citizens or subjects. the belligerent nations, sconstam Land Invest. designs, and fitted with the Her in vessels doing service abroad, The sole exception is Greated to the use of such liquore in H'phreys Est. cales paraffic-petrol motor. The and bad British manufacturers Britain, which in the calendar verying degrees, have changed K'loon Lands Hercules motor, which, by the been in a position to take on year 1915 lanached 75,000 gross their habits, testifies to a new Shai Lands way, is of the fourcycle type, and ordera 38 in pre-war days atone for foreign owners of the standard of efficiency, quite West Points is designed for hard continuous considerable amount of bus Allied sad neutral nations. The as worthy of notice by

in small commercial iness in this direction would shipyards of the neutral nations American capital and labour as Ewos craft, is manufactured by have been put through. It most which are of quite limited capacity. by moralists and humanitariane. Kung Yiks

and not be forgotten that there are are fully occupied in building Wastage of life and limb, the S'hai Cottons Motor and Launch Oo., Ltd. As many parts of the world where merchant ships for their own added burdens of debt and taxes, Yangtszepoos an example of the popularity of parafia fuel is plentiful, and owners. Comparative prices, and higher cost of capital are, the Hercules standard laucoh it can be obtained at practically therefore, are not the determining towerer, hard to overcome. may be mentioned that the the cost of crude oil, a fact which factor, and for some months Torpedo-Resisting Cargo Boats.China Light & P. b. Whiteinch firm delivered some should have the attention of firms those who desired ships to be time ago a fourth repeat order for in this country who specialies in delivered within two years have been put forward to enable the Dairy Farms

All kinds of proposals have Providents s passenger boat of about 32 feet the building of installations con tarned to American garde. The

Green Islands in length, built to Board of Trade soming the lighter fuel, in order business connections aboard thus new merchant ships under con- H. K. Electrics requirements:- Ezchangs. to cope with the trade swaiting established should be a valuable struction to resist torpedo attack. H, K. Ice Co.,

as once we again return to times seet, especially if the ships have been of a fantastic character, Steel Foundries n

Some of the suggestions made Ropes of peace. The inquiries of late bailding, by their excellence in but it may be gathered from the Trams, Low Level sa. have mostly been for sets of 150 constraction and economy in realy given to Admiral Sir Trams, Peak, old n. Capt. D. G. Districhson, of the b.b.p. to 200 b.b.p., although in operation, shall commend them Hedworth Meax in the House of Trams, Peak, newn. Norwegian steamer Niola Nielsen, some Caree paraffin installa- selves to foreign owners. What is happened to be sabore, when the tions have been asked for up to even more important to the future Commons, that the Admiralty and Laundries

the Board of GOTTespondent of the Manchuria close on 300 b.b.p. There are of American surel shipbuilding i

Trade U. Waterboats b. Daily Newe visited the abip on firms certainly in this country the fact that we are training un

been giving

b. the Watsons February 12, on which date she who for years back have given a der conditions of pressure large tion. The difficulty of adopting Morning Posts n B. subject mot earnest considera-Wa. Powells eft for Seattle, fally laden with deal of attention to the building bodies of skilled mechanics in made a statement to the follow. firms such as Mesars. John I. try. When the number of men torpedo attack mainly arises out Bean Oil. An officer on board has of high powered paraffa sets, the many branches of the indus designs for cargo vessels which would make them imperione to ing enbatanga:-The ship is pro- Thornycroft and Co., London,and killed or maimed in war is con- perty of Mr. B. Stalt Nielsen, of Messrs. Norris, Healy, and Gard-eidered, it is certain that the force of the fact that inventors invari Norway, who possesses a large pers, London, but on the other of skilled shipbuilders in the

ably fail to give außciontattention number of steamere. Harsistership hand there are a great number United States will be much to the effect on cargo-oarrying Hanna Nielsen made her entry into of British manufacturers who larger than anywhere in Continen. capacity. The Secretary of the Yokohama on the 20th ult, on her during the past seven maiden voyage to the Orient, with youre have been turning out quite equal the corresponding submitted have not been lightly or ten tal Europe, and may almost or Board of Trade made it clear, however, that the many desigos irpa, raw cotton, etc., and is now slow and moderate speed perafin force in the United Kingdom, dismissed, on her way to Manila. Another sets up to 60 b.b.p. and which at present includes of Mr. Nielsen's steamere kas jant 80 b.h.p. with no emall success, percentage of

The fally considered by the expert yard and is billed to sail from to seriously consider the qomation some years before the war were of one of the leading claseifiostion 30 d/s. been completed at a Seattle dock- and they would be well adviced belligerent maritima Powers for advisers of Government depart T/T....

ments and by technical advisera Demand America to Japan abortly on her of the high powered heavy type building great navies, and during societies. It was reported of the 50 dis maiden voyage.

Vladivostok slow renning model. The ran the past two years navel construc was, when the Nela Nieleen ning of a paraffia engined com- tion and repair work abroad had beat of these schemes that the 4 m/s.......... arrived there towards the latter mercial bost in this country of been pushed at a rate never before reduction of cargo-carrying space T/T Shanghai......... Nom. part of last month, found to be in- 150 b.b.p. or 200 b.b.p. is, we known. The navies, at least of a great as to make the scheme T Singapore fested with ice, the frozen surface know, not a boviness proposition, the Allied Powers, are doubtless

commercially

impracticable. T/T Japan extending safar south sa Askold owing to the high price of the larger at the present time than Those who are giving attention / India

Notwithstanding, the fuel, bat, as already stated, there ever before. If the war shall to the subject would do well to T/T San Francis." Island.

Demand, India. refer to the letter on the protes- port was literally bristling with are many countries in which the sad

co & New York} the meste of the steamers bringing difference in cost between paraffin years

t'on of merchant shipping which T/T JAVA........

***** 1331⁄2 munitions from American ports and residue oil is so slight an to struction sbroad presumably will-Professor T. B. Abe'l contributed T/T Marks. Nom. Our steamer experienced great be well left out of the calcalation be greatly diminished for some In this letter he reviews the Demand, Paris...... 3.2211⁄2

to our colomas on December 28. T/T France.

3.22 difficulty in clearing the port on of running costs, and that time, while in the United States. the 31st ult, owing to the solid ander these conditions

the two years hence it will be at its possibility of affording efficient ice-picks. A medium-sized Japan-paraffia motor has certain ad- merimum. The competition which

merchant ships protection to

4 m/s. L/C ese stesmer was found vigorously rantages over the hot-bulb or must ensue between American ther by gan or torpedo.

*gainst anbmarine attack, whe

4 m/s. D/P forging her way through the ice semi-Diesel engine, and directly garde and foreign yards, bending dicated how the several remedies 30 dís, Sydney &

6 m/s. LC.. near the above. Island on her out-appeals to many owners who all their energies to merchant would reduce carrying opacity, wird trip. The Japanese steamer have small commercial vessels shipbuilding, would be impossible but he shows that even without 30 4/s. Ban Franc- disentangled herself after working foreign waters. The for a without the increasing arranging bulkheads so sa-to half-day's struggle and followed paraffin motor, when fitted with numbers of men now in training in the track of our steamer as petrol starting allows of the vessel for the work. The result of the produce a "two-compartment" far mouth as Maskan Island of getting under way at a moment's competition will turn apon labour. done hip

4 mis, France ..... 3.34 6 m/s. France...... 5.39 the southern coast of Chosan, notice, and, farthermore, & con- Capital we have in

by improved when she suddenly voored weal-siderable saving in machinery abundance than was ever dreamed Abell is, however, led to adopt as T/T Bombay .........

Demand, Germany. ---- tight subdivisión, Professor Demand, New York. 553 ward to Seiton. We understand weight is effected with this parti- of, the materials of shipbuilding, his main remedy the polior which Demand: Bombay... Nom, that the above was no other colar class of inellation. The lacking in

nations, some - steamer than the s.a, Byoyu Marn, latter feature itself means a light-wo

has been so persistently advocat T/T Calcutta* **** *** of Monera. 8. 0. Tanaka and Co., er displacement, and socordingly for ourselves and for others, and that is the arming of Demand, Manila...

are manufacturing both ed in the Journal of Commeres, Demand, Calcutta... Nom. Dairen, which pat in Daizen last a higher speed for the vessel, or Olimatic conditions we may select merchantmen. This can be done Demand, Singapore. 9814, 11034 Triday from Vladivostok, via an increased deadweight carrying at will. Taxation in inconsider Seiton and Chefoo. At Vladivo capacity with same speed. There able in the United States by at comparatively small cost. To On Haiphong........ 214 prem. stok during the past year extensive can be no doubt that a good mar- camparison with

accare immunity from attack by On Saigon...

214%, prem harbour Âmprovementé were ket exists for heavy type alow which must be born by nations at excesive conf, and by Gold Leaf, per oz.... 48.20 the weight sub-divide could only be done On Bangkok........ 664

Sovereign

8.55 Nom. curried cas, for the handling ranting parafin motors of powera | abroad, although evan DOW of the increased volume of up to 200 b.h.p. and 300 b.h.p. foreigu parliaments are devising

vacrifies of ostrying power which Bar Silvar, per ok... 37.9/16 2000an traffic resulting from the If we do not give more attention plans to relieve" from those cannot be food at the present

War. The improvement work to the higher powered installations | burdens their shipbuilders and

jancture Journal of Commeres. SUBSIDIARY COINS. asy be pat under two heade one of this type it is probable that shipowners in the belief, based the dredging of new borthing light type Diesel engines, will be on past history and on events of sections, and the other the install- used in their stead, and motors of the past two yours, that these tw -- ation of new unloading equip- this class of a onitable power are industries in their relations menta, Bread, Cakes Bed Can Chinese10

For the best Moals, Refresh - Chiness.......20 ats piecas manta bý means of floating and practically only being buils to the general welfare, and fectionery as before the war Hongko

not. We' were told by the abroad.

the national defence stand on a prices: ALEXANDRA CAFE, Hơng

EO ая to

come,

women.

"

have

for BELUTO

DeVal

greater

but have been

eomething

010

He in-

be

BENJAMIN & POTTS, Share and General Brokers.

DOKRECTED TO NOON FRIDAY

FEBRUARY 23, 1917.

Princes Building.

Tel. address: Broker.

EXCHANGE.

SELLING.

......... 2/37% ......... 2/3 15/16

2/4 2/416 2/4 3/16

9834 1084" Nom. Nam, 5534

for bas bere made in Bank Fotes or by Choque Compradors order representing Bank BoUm...”

JOHN D. HUMPHREYS & CO.

THE CHINA PROVIDENT LOAN AND MORTGAGE-

CO... LTD.

TRUSTEL EXECUTOR OF WILLS, ATTORNEY, &c., Undertaken and i machled

SHEWAN, TOMES & Uc. General Managers.

MITSUBISHI COSHI KWAISHA.

(MITSUBISHI CO)

COAL DEPARTMENT.

SOLE PROPRIETORE OF TAKASIMA, OCHI, MUTASE, KISK. IOAKE, YOSHIKOTANI, HOJO, NAMA« ZUTA, SAYO, KANADA, SMIRNEW, KAMIYAMADA, BISAI and QYUDAR Collieries. Agents for SAKITO QUAL,

HEAD OFFICE :--- MARUNOUCHI, TOKYO..

BRANCH OFFICES :—NAGASAKI MOJL KARAISU, WAKAMATSU, OTARU, MUBORAN, HAKODATE, KOŠE, OSAKA, KURE, TOKYO, YOKO HAMA, NAGOYA, TSURUGA, VLADI. VOSTOCK, HANIOW, PEKING, LONDON, NEW YORK, SHANGHAL BUBGKONG. HAIFÉONG and CANTOS,

Cable Address:—"(WASAKI," Coda: A1, A.B.A. 5th Ed., West- ern Union, and Bentley's.

AGENCIES:- CHINKIANG-Messra. GEAR- [ING & CO., MANILA-Messrs. MACONDRAY & CO, SINGA-

Con

BUYING.

2/4 11/16 .2/4 13/16 2/4 15/16

2/4 15/16

| PURE—Messrs, BORNEO

| LTD. GLASGOW—Messrs. A.Re

isco& New York)

5614

4 m/s. Marks

零场

Nom

For Particulars, apply tome

K. KATO,

Manager,

Melbourne....

DECOUNT PER $100:

BANKS

HONGKONG & SHANG-#1

BANKING

SATION.

Paid-up Capital ................. RESERVE FUNDS:

Starting

£1,500,000 at 21-

$15,000,000

Silver ...$18,000,000

Reserve Liability of

Proprietors.......

$53,000,000

.$15,000,000

COURT OF DIRECTORS.-

Hon. Mr.CE. Antos

W. L. Paltzades. Regimen

1. H: Dodwall, Bag. Dapaty Lairem

9. T. X. Lakinz, Leg

C. 3: Qubbay. Eng.

Hos. Mr. P.K. Hiyoak,

LV.D. Part, E

J. A. Planwer,

Hon. Mr. K. Basilia.

CRINE KARAGER'

Bongkar N. J. Scaid, Maq.

NATALER

Shanghai-0. Seşken, Esq. London Bankers-London Segary and

Waamiawer, Lalled

Hongkong-Interess Allowed i On Current Accounts at the rate oï à par comD.

sanum on the deity belanCE,

ON FIXED DEPOSITY. For 2 months, 2 per cani, par DDS, For å per cani, par aSDEM. Formos, & per cent petankem, N. J. STABB.

Chief Manager

HONGKONG SAVINGS BANK

THE Emsiness of the above Bank le zadached by the HONGKONG AND SHANGHAI BANKING CORPORATION,

Kules may be obtained or application INTEREST on deposu ja allowed on thần màg Imam moothly balance at $35 per cent per

Depositors may transfer, at their opsion, bakmoss

al $200 or sore to the Bongkong and Shangh Banks be place on FILED DEPOSIT at 4 cent, per apbum.

Bon

For the Hoogkong and Stang hai Bakking Corpses *

N. J. STABB.

Chief Manager. §

THE CHARTERED BANK OF INDIA, AUSTRALIA. AND CHINA.

Incorporated by Royal I, harier Dig

BEAD OFFICE:-LOKDON,

Paid-up Capital. muutis 200.000 Reserve Liability of

FOREIGN EXCHANGE and General Bankina

business transacted,

CURRENT ACCOUNT opened and PIXIE DEPOZITS aired for 1 year or shorter perioda, el rates which will be quoted on application.

T. C. DOWNING,

Manager Hongkong, 11th April, 1912.

THE MERCANTILE BANK OF INDIA. LIMITED.

Head Office 15, Gracechurck

Street, London. Anthorised Capital ..............£1,500,000 Subscribed M

Paid Up

Reserve Fund

..

€1,125,008

362,500

550,000

BANIERS: The Bank of England, The London Faint Stock Bank, Limited.

BRANCHES

Brabay

Calentia

Colabo

Delhi

Galle

Hongkong

How

Kandy

Fort Loels (Mauritian.)

Kota Bharu

Karch!

Kuala Lamp

Madras

PODLAS

Xange

hanghai

Eingapore

BONGKONG BRANCH. - Every description of Banking and Emchanja

· DOLISKIE Wansacted.

Intrant allowed on Current &ccounts aspec per annum on Daily Balances, and on Fized Deposit at rates which may be sacersalned on appăcation.

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING.

CORPORATION,

HEAD OFFICE:

15 Wall 81, New York,

LONDON OFFICE 35, Bishopsgate, EC. CAPITAL PAID UP......$3,250:000 RESERVE FUNDS ... $3,831,000

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

BRANCHES -- BONBAY HONGKONG PEKING, CALCUTTA KOBR CANTON

CFBU

COLOR HANKOW

SAN FRANCISCO LONDON SHANGHAI SINGAPORE

MANILA MEDELLIN TIENTSIN PANAMA YOKOHAMA

Through its core affiliation with The Parlorad City Bank of New York, the Bank is able to our ch Services of the Branches of thani Tontitution de Cache and South America, Namely 200

BAHIA BUENOS AIRES, HAVANA, MONTEVIDEO, 210 DE JANEIRO SANTIAGO DE CUBA, SANTOS, SÃO PAULO, VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINESS niacled.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received at rates to be ascertained of application.

GEORGE HOGG,

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

Jongkong, No. 2, Pedder Street,

MARTIN'S

APIOL SIZE

MARTIN'S

dia, THE ALEXANDRA CAYE dia. Cannot be Besten, if Equalled for Bread Cakes. Contactionary and meals with Wine & Liquera,

THE

YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000 Paid-up Capital ... 30,000,000 20,800,000

| Reserve Fund'

Head Office.-YOKOHAMA

Bomber

Chasse

and

New Yor

Bysłem (Pea