1917-03-07 — Page 9

THE HONGKÔNG TELEGRAPH WEDNESDAY, MARCH 7, 1917.

COMMERCIAL

NEWS

San Miguel, Brewery Share-

HONGKONG SHARE REPORT-

8-SELLERS; SA-BALES; B.BUYERS; N.-NOMINAL.

Banks

OFFICIAL PRICES.

BANKS.

$667

$875 t. 180- $900

MARINE INSURANCES, Cantons North Chinas Union's Yangtszes

D.

11. ox 73 $255 FIRE INSURANCES.

SHIPPING.

A Boom in Indigo.

American Cotton.

hsiang. The bank will monopolise One of the outstanding facts of Reuter's Liverpool cotton

holders' Meetlog.i

the financial side of the Company's Indian trade is the period since |market. quotation for Fabrasry 19, The general meeting of the business. The Board of Directors the war broke out, says the India is as follows for middling shareholders of the San Miguel will hold a special meeting to man is the immense recovery American cotton: Spot 10.90d. Brewery took place at Manila on consider the amount of capital to which Tadian indigo has made March-April 10.43d. October February 26, and after the report be appropriated for the banking No single industry in India has November 9643. The market and balance sheet for the year enterprise and when decision is had och romantic vicissitudes, has remained fairly steady during 1916 were read and unanimously made the consent of the share- and we can all remember the re-the week, the corresponding approved, the president Mr. holders will be seked for in a gret and sorrow at which the quotations on February 12 baring Antonio R. Roxas tendered his general meating-Peking Daily rapid and consistent departure of been 10.754., 10.284., and 9.591.. resignation of the chairman-News. the glory of Triboot-13 mention A cotton report issued by the ship. The shareholders were

Japanese Sugar on Harbio Que important centre-departed. Federal Bureau of the Censusunenimons in

pot acoupling

Market. In the middle 80's something like I (Washington) sarly last month Mr. Roxas' resignation and Japanese fugar,

introduced on 1,500,000 aeros were under cal-shows that there were consumed only agreed to let him go, the Harbin market last November, tivation and the export trade was in December, exclusive of linters, after they were convinced of his is rapidly gaining favour scoort China Fires worth about £4,000,000. Ia (538,587 running bales, compared powerful reasons. Then they ding to the Manchuria Davy H. K. Fires 1914 the area was approximately with 555,005 in December, 1915 adopted a joint resolution expres News which states that 18,000 150,000 acros: now, however, Exports of cotton in December sing their sentiment of regret at poods of Japanese sugar has been Douglases that figure has been increased to including linters, were 737,502 such resignation, Simultaneous sent through to Europesa Basis, Steamboats 626,000 acres, and ander the ronning bales, compared with ly, a great meeting was taking Since November.about 5,000 esses Indos (Del.) influerce of monopoly value in 558 278 in December, 1915. Im-place in the brewery's yard, of all (3,400 poode valued at Eble Indos (Pref.) English markets and the greatly ports of cotton in December were employees and labourers of the 41,000) bars been supplied by Shells increased demand for the natural 34,390, equivalent to 500-pound concern, to join their expremios the Meiji Bugar Estaing Co. Ferries pagte, the trade in booming, and balss, compared with 43,724 in of sentiment to that of the share at Harbin and the Japanese may be regarded as, presently, December, 1915. Namber of oot holders. The new directors of importa are enjoying at any rate, satisfactory.

too spindles active in the United the company thereafter held a good

very Sugars along the Malabons · States in December was 32,864,- meeting,

was Chinese Eastern Railway, saye

the Tairen paper. This popals Kailans rity has been earned, becsure the Langkats Japanese pickage contains about Raubs 60 pieces of lamp enger per Bas-Tronohe sian ib. as against about 40 pieces Urais in the Rasian product. Their prices are about the same at about 34 opeke

.at

Japan's Electric Power.

numbering less than 100.

Japan-China Trade.

United States Steel Boomi.

jo

reputation

.

II.

- 155 $3671

D.

#105 $183/ $120

+

Tha

8411

I

105)-

I.

$83

REFINERIES.

b.

$114

11,

$33

MINING

IL

EL

36/

t. 17

Да

1.

D.

$2,35

30/-

BANKS.

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKÖNG

FOREIGN EXCHANGE and General Banking Business Transacted.

INTEREST ON FIXED DEPOSITS:

For 3 Months 3% per annum.

For 6 Months 4% per annum.

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager.

NOTICE

NOTICE

PEAK TRAMWAYS

-

30. LIMITED.

TIME TABLE.

VEKK DAY.

BANKS

HONGKONG & SHANGFAI

BANKING CORPORA

TION.

Paid-up Capital RESERVE FUNDS:

Sterling...

$15,000,000

£1,500,000 at 21-

--~$15,000,000"

Suver ...$18,500,000 -

Reserve Liability of

Proprietors......

#33 5 0,10

$15,000,00

COURT OF DIRECTORS.

1: Dadwall, Bag, -Chairun-

J., Plummer, B, Deper Chairmak. How Nr. C. Autoe. G.T.. Baking, Bag, Gabhay, Esq. Hos. Mr. F. H. Hory E. V. D. PAT, EW. L. Faztanden, Xes--- Chama Hon. Mr. 2 Shellim CHIEP MANAGER Hongkong-N. J. Balb, Eng

MANAGER Shanghai G, Stapèra, Zag Lordon Banker London County and Westzimmer, Admited.

Hongkong-Lazerest Allowed ::

On Current Accounts at the rate of 8 per ce

ON FIXED DEPORTO.

sounas on the daily balanca

For 3 months, 24 per ceal, par antas. For months, per cens, PET ANNUM, For mostki, 4 per cent per annum

N. J. STABB. "

Chief Marazen.

HONGKONG SAVINGS BANK

THE BELİRms of the bow Bank ir sendected by the HONGKONG AND SHANGHAI BANKINÓ CORPORATION. Rules may be obtained on application

La

of

INTEREST deposits allowed oɛ the minu

monthly balances at 8pi per DEBLJANA

Deposites may transfer, at thele option, baissons

0 or more to the Hoogkong sod Shanghai Back to be placed co FIXED DEPOSIT # ↑ cent par anDALI.

4.00 sm. Evely 1 minutes do

281-

$8:1

#5.94 4+ka to kave h

w

$125

4 14 Leg Whi

14

4. Y

*

14

AS

THE

De Y. to

KIOME CARS.

DOCKS, WHARVES, GODOWNS, &C. H. K. Wharves 8. Kowloon Docks Shal Docks

were Centrals

ĭ

TAN

ני!

н

1-44 2500) and V PULL BAG EV, ku

ELDO FÈivery ball hours

*1.00 2.16. 10 2x-43 P

every quarter of na haur

SUNDAYS

360 2 10-30 MİN. Evzat 25 minutes

to 12.00 4.3.

00 No 10 – 9:00 PM

SATURDAYS

14

Kriz Car alta midnight,

AND BUILDINGS..

4.

$93

5.

$105

*

$91

1.00

b. & sm. $6,60

10.2

11,

$38

1.

t. 86

ro

8.

$70

* 2:38

61. 15

2

**

WIGHT CALS a on Wook Days

t. 145

8.

22.

t. 18 t. 116

t. 5

b..

5.

$8 $4.05 $8.20

п.

64..

b.

$24 $10.90 $49

THE

IL

$160

B.

$33

$10

Steel Foundries

Trams, Low Levtis, & 13. $7,10

which it st The electric current capable of 474. compared with 31,745,722 ananimonsly agreed to re-elect being generated by hydro-power, in December, 1815.

Mr. Roxana president of the socording to the investigations of

board, sad, on the ground that the Department of Communios-

this post is, according to new by- The United States Sies! Cor-laws, no longer connected with the tions (Tokyo), is estimated in horas power at 3,100,000. The poration had unfilled orders general managership of the affairs greater amount of this necessitates booked at the end of November of the company, the general sa enormous cost of constraction amounting to 1,058,542 tons, the managerahip was entrusted to and further, being so far distant largest total of forward business Don Enrique Braude Coya, until

A contract for 12,000 poode from consuming points, it can ever reported. The gain during each time as he sees it to retire, was signed between the Russian not be taken advantage of so the month se 1,043 282 was, to be succeeded by Dan Antonio Government authorities and a easily. The force in Baty access also a new high record for expas- Briss, who has been granted Japanses dealer recently, while LANDS, HOTELS in 2,147,708 horse-power. Besides, aion in a single month. A year leave of absence. The new board about 6,000 prode mate

present another 2,339,000 so the books showed no more of directora is now constituted as desit in elsewhere. horse-power is supplied by than 7,189,489 tone, but at the follows:---Messrs. - Antonio R.

H.K. Hotels J Gold. water power, thus making the time that total was considered Rozss, president, Esman 8. Fei-

Land Invest. In their weekly letter of H'phreys Est. capacity excellent as a forcoast of fature nandez, Tice-president, Earique January 26 Measra. whole of Japan's

Samasi, Kloon Lands something like 6,440,000 horas business. The corporation's orders Zobel, treseurer, Francisco Montagu and Co, say:-The Shai Lands power. Supposing that all was on Nov. 1 smounted to practically Ortigas, director, Mauro Prieto, Bank of England gold reserve West Points atilised the current would reach a full year's business based director, Jose Perez Stalls, direo against its note issue showe an COTTON MILLS.

operationé 2,330,000 kilowatts, estimates the on

1915. for, Leopoldo Kahn, director. A. increase of £502,145 as compared Ewos Considering the Last year the Japan Times.

1. rolled and G. Z.boli, has been appointed with last week's retoro, which Kung Yiks points of distribution of water- other finished material turned out secretary.

showed an increase of £084,320. S'hai Cottons power houses, there are 100 on fat sale in the open market New Hankow Banks. The Times ander date of January Yangtszepoos s.

Four new Chinese banks are in 20, announced that the Board of the shorea of the Pacific between amounted to 11,762,639 tons; It

MISCELLANEOUS. Ibaraki and Shizuoka Prefectures, was learned in steel producing the course of organisation in Trade had authorised the die Borneos The shores of the Japan Sea rank quarters after the monthly atate. Hankow. Two of them are purely tribution of certain quantities of Chins Light & P. b. next, followed by Hokkaido at s ment was issued that the various commercial enterprises while the gold for the pattery industry Providents little less than 200, The rest in plants were turning out ingots at other two will be partly ander under the following conditione: Dairy Farms the order of districts are around the annual rate of 20,000,000 supervision of Government au--The the Bay of Ise, and comprise tone. Last year the complete thorities. The first one is to be employed directly and exclusively H. K. Electrics said gold must be Green Islands. Kyoto, Osaka and Kisha, Shikoku, output of ingots was 16,376,492 named the Wel-feng Bank. Its for thi decoration of pottery ware H.K. Ice Co., Banyo, Hokuroku and Sanin, all tone. Two years ago the finish-capital is $2,000,000 and among intended for export from Great Ropes

ed steel produced aggregated its promoters is Mr. Taan, former Britais, and in no case mast it be 9,014,512 tona and ingote warely Civil Governor of Hapeh. used in conection with pottery Trams, Peak, old n. Daring the last 10 days of made to a total of 11,826 476 tons. Application has been lodged in Great Britain. The amount Trams, Peak, new n. January an extraordinary turn While the receipt of new orders with the Ministry of Agrical required for this parpos is smell, Laundries raled in the Japan-Chinese.trade; the leading cause in the fore And Commerce for A Reater telegram from Delhi U. Waterboats b. exports from Japan increased accumulation of so large the registration of this biak. The stated that the Indian Govern- Watsons qaite briskly while importe from total in November, it second one is Cho-Hsing-Cheng m nt has announced its intention Wm. Powells China dwindled abnormally. In assumed in the financisi dis- Bank. The principal shareholders to all gold ballion weekly as Morning Posts 1. some degree it may be soconated trict delays in ship of this bank are merchants of from January 18 through the for by the fact that the generalmente had borne a part also in Saschwao. Ita tendency in the bar silver market backing up business at the plants. $1,500,000.

capital is Bank of Bombay. The Govers CORRECTED TO NOON WEDNESDAY This back will mentreserves discretion regarding BENJAMIN & POTTS, was favourable to Chins, but the In other words, congestion on establish branch offices at Chang the amount, bat saticipates that difficulty felt by the Yangtze the railroads was believed to king, I-chang and Shari and it the value sold will average half a Share and General Brokers. steamers in reaching Hackow have retarded the transfer of will handle trade from Szeobwa million sterling. also may be taken as responsible, finished goods to consomers and province. The third one will be England's lacreased Demand According to official Japanese checked the inflow of raw savings bank. The promoters

for Sliks. retoras pablished by the Tokyo msterial to the mille. The will organise this bank accord- The silk weaving industry in Finance Department on January concenade among followers of ing to the system of the 8 ng England is on a comparatively 5, ex; oris from Japan daring the steel trade developments, how i Svings Bank of Chingkiang. much smaller scale than her cos-: period were valued at Y.6,628,080 ever, was that the transportation te ospital is estimated at toa and woollen industry, and her against T.3.400,212 of the correa facility wae to be considered of $3,000,000, the native merchants output of silk fabrica is not more ponding period of last year, small moment in contrast with and the provincial treasury to than £4,000,000 a year in ordio- T....................................... that there was an increase by the known presenre of orders. contribute an equal share of the ary times, writes Mr. Yamazaki, so dia. Y.3,218,868. Again, in compar. Labour conditione, too, are not required capital. Mr. Wen, for- Consul-General for Japan is so dis ison with the preceding 10 daya as perfect as the employers would merly Director of the Bupeh Mint, London, in a report to the Tokyo ........... there is a large increase of have them, the shortage of labour is the chief promoter. The name Foreign Office. Y, 1,4/8,794. North Chins and being further emphasised by the of the bank will be the Hapeh produced are mainly carisins, T/T Singapore

The articles T/T Shanghai...en the Tangies provinces are disposition of many labourers Savings Bank, and it will be covers for chairs, handkerchiefs, T/T Japan............................ principally responsible for this to "lay off" more days than before managed under Government su- neckties, and comforters, The T/T Ladia .............................. large increase in exporte for they employment became steady and pervision. The interested party prices cannot be so cheap sa thote Demand, Indis bought more Japanese goode dur- wages advanced, The great in this enterprise is the Han-Yeh of German or Austrisa goods, T/T San Francis- ing the period. The following is tonnage ansitiog mill

554 Company, room Fing

Unl the continges the Consul General, but

co & New York) "the summary of the export trade aroused considerable comment in bank is to be called

13596 the the quality of British silk goods in Java.............. for the 10 days period se publish-steel and financial circles. "The Han-Yeh Ping Bank. Daring the good and specially excele instala I Francs 3.231

T/T Marka...... Nom ed by the Japan Times :-- pardstick, which we formerly Teing dynasty, this Company intended for craamental pur- Demand, Faris... 3.24

Figares for Figures for need in measuring business, issned a sort of note for the pay- poses. Bilks for clothes, hand-

1917. Manoharis 880,001

North Mau-

charis 1,885,736 C. China 3,839,132 South Coins 21,211

1916.

that

some concern,

Wes

$2.80

$1

n.

$31

$15/

b.

$61

$29

Д

MARCH 7, 1017,

- Princes Building.

Tel. address: Broker,

EXCHANGE.

SELLING.

Demand

4 m/s. D/P

2/4 2/4 1/16

2/418 2/434 2/4 5/16 Nom

991

1084

Nom. Nom.

BUYING.

·

30 die. Sydney &}

Melbourne..pero

2/4 13/16 2/4 15/16 2/5 1/16 2/5.1/16

564 Nom $.3544

340

-

111

said one steel man, "has been ment of the salaries of its em.kerchiefs, necktier and sewing 343,700 broken and thrown away. It is & ployes, or for the payment of any threads are also of good quality, 4 m/s. C.

fact that some producers are transactions. These notes were Since the suspension of German 970,147 refusing business offered for the somewhat in the nature of bank-imports and the reduction of the

6 mala. LIC 2,085,811 first half of 1918, although their notes and were in general circal supply from France, the silk in-

6,554 books are not filled completely, ation on the market. But the dustry in England is prospering. 30 da Ban Franc-

The raw material market Han-Yeb Ping management had and there has been no decrease Total Yen. 6,626,080 3,406,212 causing

isco New York] and to withdraw and cancel all these in the number of the weaving. 4 m/s. Marks The total value of importa for steelmakers are reluctant to notes because of the pressure looms in operation. What caused. 4 m/s. Franos the same period is Y.2,500,842 book themselves fall away ahead from the Republicsa Government the most inconvenience to the 6 mL France against Y. 2,338,842 at the same at current prices until they which considered their circulation ilk industry in an early stage of Demand, Germany.. time last year, accordingly there | feel

that euro

they contrary to law. Since then the the war was the lack of raw and Demand, New York. 5594 is a slight gain of Y.161,800. own properly 'DOTER' them Company has had to use cash in dye stuffs Boonuse silk goods TIT Bombay In comparison

with the melvas with iron, coal, and coke, all payments, which practice has are clamed

luxuries,

Demand, Bombay... Nom. preceding period, when there A year ago no one would bare given a great deal of trouble to there WASA

TIT Calcutta was a somewhat encouraging dreamed of pig-itonas 35 dola. the management. The presentment in basiness in August and Demand, Manila...

great curtail. Demand, Caloutta... Fam. boom in the department of trade; a tou. Steel rails are selling at scheme for the establishment of a September, bat later there grawa Demand, Singapore. 9914 however, there is a deolins by 40 dols, a ton for open-hearth bank was started by Mr. Sun Pan- great demand as easnomic condi- On Haiphopg 7.962,538: This' is principally product, and when it is considered ohi, the Director-General of tions improved. The rise of the On Saigon due to the less sotiva trade done that a single item of the raw the Oastoma Administra-price of silk goods has been slower Qn Bangkok by Central-and-Northern Chins, material going into rails costs 25 - tion, the Chairman of the Direct-than the rise in woollen goods, Sovereign as seen from the following sundols, a ton, it is seen that nothing rate of the Company, Mr. But as the women are geting Gold Loaf, per o.. 47:80 mary of the import trade * - is made ou maila. This lustrated an aims at restoring the right money by working in pinds of Bar Silver, per on........... $7.3/16-

Figures for Figures for the situation as regarde former to šares soles through the Com-men,silk gondasse now in demand,

1917

1916 batize contracts for delivery pany's bank for the use of the though the demand for ladi SUBSIDIARY COINS. Manchuria 325,302 141,577 more than a year ahead. The Company itself as well as for fancy dresses has greatly decrean- North China 554251 601,690 mille have all the orders they can general circulation in the market. ed. General, the demand for milk Central China 1,605,317 1,877,070 handle for the coming year, and The head office of the Han-Tab has increased, and the prospects Chinese... 20 ats, pisose 614% dis,

· DISCOUNT PER $100 Bulk China 115772 127,946 they ona alocă to Scaroissantion Ping Bank will be at Hankow for Japan's habuiae trade are Chines 10-

My soul in regsed to the commitments and bespehag will be established good, the demand having incrent- 2,500 64% 2,338,842 -Touring into 1918, ****1st Shanghai, Tayeh and Ping, ed in spite of a zise in prio

3% prem

.......... 244% prem. 8,50 Mom. **** 66.

By Seragamunt of the Company's CE14. Alameda Baldings, Die Verax Bond, "Season and peach tickets available for sit car ao alcandy full, masingst the time stated in the Company's time talles, bet not for special cap

be obtained of application at the Compary's Of No face ticket will be issued antli payment thera ler bas been made in Bank Nosas or by. CheqDI DI

Comprador onder Bank So.

JOHN D.

PROVIDENT

CHINA LOAN AND MORTGAGE CO., LTD.

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

Loans on Mortgage of House Property &c. Goods received on Storage

Advances mada on Merchandisa,

Loans made on the Provident bykiem. Sales and Particulars on application),

The Office o TRUITEE, EXECUTOR OF WILLS, ATTORNEY, R., Undertakan wad Xascuzać,

SHEWAN, TOMES & O.. General Managers.

MITSUBISHI GOSHI KWAISHA.

MITSUBISHI CD,)

COAL DEPARTMENT..

SOLE PROPRIETORS OF TAKASIMA. OCHI, MUTABE, KISR- IDAKE, YOSNINOTANI, MOJO, NAME. ZUTA. SAYO, KANADA, KAMIYAMADA, BIBA1 and OTURAR Collarías.

SKIRKEW,

Agents for SAKITO COJE,

HEAD OFFICE :--- MARUNOUCHL TOKYO. BRANCH OFF: ES-NAGASAKI MOJI KARA180, WAKAMATSU, OTAKU. MURORAN, HAKODATE KO1E, Ҥ£^, KURE, TOKYO, YOKO. HAMA, NAGOYA, TSURUGA, VLADI. VOSTOUE HANKOW, PEXING LONDON, NEW YORK, SHANGHAL LOXOKOVA, RAIPHONG and CANTON,

Cable Address:—"IWASAKI“ Cod s; Al, A.B.A. 5t^ ¿d, West- ern Union, and Bentley's. AGENCIES:-** CHINKIANG-Messrs. GEAR- No & Co., MANⱭ A-Messrs. MACONDRAY & CO, SINGA. Pair —Messrs. BORNEO Co LTD. GLASGOW-M•sars. A.R. *; ROWN, MCFARLANE&CO.,LTD.

For Particulara. apply to...

K.. KATO, Manager,

Tangkong, No. 2, Peddar Streek,

B you have lost your

dis, dainty dishes

DEL CAFEL

For the Hongkong and Shanghai Banking Corpora

N. J. STABB,

Chief Manager.

THE CHARTERED BANK CF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter H

HEAD OFFICE-LONDON, Faid-up Capital In Besave Fund. - Resurre Liability of Proprietorshi#06,008 FOREIGN EXCHANGE and General. Banking -

business caidacend

CURRENT ACCOUNT spa and FIXÈ DEPOKITE received for 1 year or shorter perioda, at fates which will be quoted on application. T. C. DOWNING,

Managu Hongkong, 11th April, 1912

THE MERCANTILE BANK · F · INDIA, LIMITED,

Head Office 15, Gracechurch

Street, London. Authorised Capital ......£1,500,00 Subscribed

+

1,125,00

Paid Up Reserve Fund

11

+

362,500

550,000

BANKERE The Back of Engla The London loina titok Anak, Limkeć BRANCHES

Bombay

Calcula

Colombe

Dani

واليق

Hongkong

How ab

Kandy

Port Louis (atlas.)

Karachi

Kunik Lumpu

Mindre

Panang

Rangyon

banchal

ingapore

HONGKONG BRANCH,

Every description of Banking and Exchange business teasacted.

Interest allowed on Correct A spousta at s per oest per annum on Daily Halances, and on Fixed Den al ratsa which may be ascertained on application

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE:

83, Wall Eng New York,

LONDON OFFICE: 15, Blahopsgaia, EC.

CAPITAL PAID UP......$3,250,000 RESERVE FUNDS........ $3,931,000 U.S. GOLD ......7.181,000

BRANCHES-

BONWAY CALCUTTA CANTON CERU. COLON

HANKOW

HONGKONG

KOBE

LONDON

MANILA

BANTO DOMDIGO

SHANGHAI

SINGAPORE

MEDELLIN TIENTSIN

TAHAMA

PEKING,

YOKOHAMA

SAN FCISCO ·

Through Its close wiilindian with The National City Bank of New York, the Beak is abie 2406m the Services of the Branches of that institution in Cabe and South America, Namely:-

BAYANA

BAHIA BUENOS AIRES, JANEANGS MONTEVIDEO, RIO SANTIAGO DE CUBA, KANTOS, PAULO, PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINESS Lansacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received at races to be ascertained as application.

- GEORGE HOGG,

Хадарит Hongkong, 26th September, 1916

THE

YOKOHAMA SPECIE BANK,

LIMITED.

Established. 1880. !!

Authorised Capital Yen 48,000,000) Paid-up Capital

Reserve Frind un

Bend Offica

0.020

0.000

&