1917-04-04 — Page 9

Copper.

COMMERCIAL

and elsewhere.

+

11. 1915... Толь

28750 75.178

$1,305 - 51,520

32045 21693

4.260

ia Hydro-Electric Lept.

citer

werd

THE HONGIƠNG, TELEGRAPH, WEDNESDAY, APIRL 4,

NEWS.

Import and Export Lumber

Dividend.

Dividend, eight per

pt., sbsorbing ... Bonus of Tle. 12 per

abere abeorbing Reserve fund, cquali sation of dividenda War fande (to be dis

ALA

tributed at discre- tion of H. B. M. - Consul General) Corry forward, ba-

lar ce of

50,000.00

4,000.00

Hongkong, Chloa and the Timber

Market.

and

At

HONGKONG SHARE REPORT.

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

"

OFFICIAL PRICES.

BANKS.

b. & sa. $975

b.

t. 150. $905

n. ex 73 $235

SHIPPING.

1917.

BANKS.

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General Banking Business Transacted.

INTEREST ON FIXED DEPOSITS:

For 3 Mouths 3% per annum. For 6 Monthu 4% per antum.

b.

b.

$155 $1321

д. х. д. Bth

$90 $18

$,

$127

#411

$1.

103/

For 12 Months 41% per annum LOOK POON SHAN,

Chief Manager.

D,

$93

REFINERIES.

b.

b.

$114 $31

n.

36/-

£18)

b.

$2.15

8.

27/G

11.

281-

NOTICE.

NOTICE.

"

PEAK TRAMWAY CO.

LIMITED.

TIME TABLE.

1.45 234

2T..

103.

NIGHT CARB.

8.50 36 and 9 ra 9.30 10

1100 F.M. every half hour.

·BANKS

HONGKONG & SHANGE AI

BANKING CORPOFA,

TION.

い

Paid-up Capital.$15,000,000

RESERVE FUNDS:

Sterling

£1,500,000 at-2).

➡$15,000,000

Silver $18,500,000

*#99 5 10,000

Reserve Liability of

Proprietors...$15,000,00

COURT OF DIRECTORS.

S. 14 Dodwal, Bug just haïrma“,

Ho

1. A. Mumma, Bec, Deputy Chairinen.

Mr. C. E. Antos, G., X. Zikas, Bag, G.. Gulbay, Eag., Hon. Mr. F. H. Holy E. V. D. Fat, Esq. 15. In Putmastan, X.- Chairman. Iton, Mr. X B'jellim,

CHIEF MANAGEM

Boogkong-N. J. Babi, Eng. Burgbai, G. Beepben, Eso Londos FakeLondon County and

Teminer, Limited,

Rengkong-Taerwat Allowed t

Or Current Accovals at the rate of 2 per CHILL. anuum on the daily balance,

ON FIXED DEPOSITS.

For mouths, 1 per cent, par ARGL Formoni, 2) per cent, per annum, For a moci, & par cook, per amokos. N. J. STABB,

Chief Manager.

HONGKONG SAVINGS B/K.

THE Fasines of the above Bank & conducted by Lbe HONGKONG AND SHANGRA BABKINO. FORPORATION. Kules y la obtained on applications INTEREST on deposits is allowed on the mi Imum monthly balances at F1 per cent par Depositor may transfer, at their option,

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by loyal Charter 11

21,

c

of $100 of man to the Hongkong and Changbai Bask to be placed on FIXED DEPOSIT St 4 Vent per annum.

$81

*:00 A 4.00 W000

10

.. to

to

F.03 A.M. 10.00 AM

EVERY AS Max.

For the longlong and Ebangbai Bagaling Corpora tion

N. J. STABB,

UMIN

11:00 AM

30 MIN

$121

12.11.2

30 MIN

t. 30

LANDS, HOTELS

10. to 15. to 7.45 10 *Brx to

100

12 Mtx.

10 Max.

LE BIM

5.OUT.. to

10 MIN.

b.

$94.

11.

$102

b.

$252

$6,25

D

$33

n.

b.

L. 80 $724%

7.00 A34. BEAM. 10 16.30 AM 144

1200 Noon to

1.

t. 14754

IL.

2.

t, 13 t. 117 t. 6

6:30 PM. O 400P.M. 1 GUT., 10

6.30 5.3L

MISCELLANEOUS.

b.

$8

COTTON MILLS.

tions are experiencing a highly

found in this field for Philippine favorable season but prodaction

woods in the form of barrel staros atest celicates place the in the guest egrca region will

The year ended February 28) and box shocks, which probably output of copper at fall far short of recent years and was & prosperous one for the never would have developed bed 0 tone. Japan's outpar exports for 1917 will rond Chins Expon & Import Lamber shipping conditions bees normal, essed from 78,700 tonkin | brney" drop from the year pre Co., Ltd., according to the but now, sinos these products 108 798 ts last year.] coeding. Should the United dircctors report issued for pre- have been introduced, it can be of copper, meatly from Staten & come involved in the sentation to shareholder at the expected that by the time con

Banks ve sig greatly increar- Europeat as flect it may result in annual general meeting of the ditions are again settled they will

b. & sa. $700. MARINE INSURANCES. at 60 per cent, of export curtailing the importation of company on March 29. Besides have gained a Eciently fin kesia, about 20 per cent.. those things for which the islands | paying a dividend of eight per footing to at least survive a com- Cantons

nd, and the remainder to Lave become dependent on Ameri- gent, a bonus of Tis. 12 per ebaro patitive basis. The amount of North Chines North America, British on manufacturers to supply. It is paid, Tl«. 50,000 is put into Philippine timber and lumber Unions

Yangtszes The may alro ten i to elevate prices of reserve fund, and Tla. 4,000 will exported to Hongkong and China e osasumption of copper imported rise to a skill bigher be paid to E. B. H. Coneal for the year 1916, as shown by FIRE INSURANCES. growing increase, due to i plane, ti as causing a correspond General for distribution to war the records of the bureau is a China Fires ossed activity of indusing icerro the cast of funds. The report saya-The follows: To China: timber, H. K. Fires hoe the outbreak of war. | living. At the same time the profit and low necount, including 80,560 board feet, valued

wing lable shows parti- demand for our products will the balance of Tin. 1,838.24 P9,484; lamber, 6,474:480 Douglases Japan's ont pot, imports, strengthen rather than diminish carried forward from last year, bourd feet, valued at P51- Steamboats and ensumption of and opensatios will probably shows a credis balance of Tle. 828. To Honkong: timber, Indos (Def.)

come in this way. It is hardly 144 882 55, which amount the 175,112, valued at P6,471; Indos (Pref.) vic.probable that business in the directors 1800mmend to be lamber, 3,824:120 board feet, Shells Todande would be seriously sleet-appropriated as follows:- Talued at P92,949. The toil Ferries 1087ed under eas e contingency The

Tle. shipments to Hongkong and 54,446xternal commeres for the month

China during the year was 10,- Sugars 54,600 February, un reported by the

32,000.00 | 654.272 boerd feet vained at Malabons lararo ní customs shows a very

P303,735. Some conception of the

• MINING satisfactory condition of ite

48,000.00 possibilities of the Chins lumber Kailans islende" füriga ir de. Exports

market may be obtained from the Langkats interesting information were greater by Daily one million

consuler reports, made by the Raubs ending developments is pesos theo for February of last

United States representative at Tronchs i in the annual report of year, although they were less by

Changbai, as to the amount of Urals emonia Hydro- Ecotric aqu ansant than the total

lamber which is imported into DOCKS. WHARVES, aat. The opinion, has shown for the mouth of January

that country, mainly by way of GODOWNS, &C. ned that there will be a of this year. Imports for the

Shanghai. From figures obtained H. K. Wharves b. P7,149,533, for a large amount of mouth

10,862 55 from that official it appears that Kowloon Docks b. ngsinst 14304,897 for February, etrio power, and

there were shipped into China S'hai Docks 2. 1916. The total trade for > contracle

144,862.55 during already

the yeare of 1913, ith the

1914 and Electrolytic February was four and one half

1915, softwoode AND BUILDINGS. Company and

Laillion peo in excess of that of

bardwoods amounting Centrais make it necessary for the corresponding month of last

to 191,531,066; 246,860,717; and H. K. Hotels Electric department to Fear. The most notable gaine

On account of the European 113,880,076 board fent, valord Land Invest. ve menures to ment the were recorded by coconut oil,

respectively Bt $3,674,512, H'phreys Est. b." the immediate fatare, the experte of which for February war, which has brought about a schemes have already amato P1,665,228, making shifting of markets and the $4,277,22 and $2,109,658, To Kloon Lands

Shai Lands gain P1.233,238 over the scarcity of bottoms,an unbounded Shanghai alone there were chip subject of inquiry, ir-

West Points ped from the outside $2,000,449 be Grai Lake, Aribur'e esme month of last year. This opportunity has been opened to worth of lamber in 1914 and ake St. Clair, and the incresers expoitation was due to Philipine lumber, for invading $1,243,840 in 1915. Of the total Ewos

the ariability of shipping markets heretofore supplied by shipments to Chins between 40 Kung Yiks facilities rather than to increased other countries, is the statement obtain Irodoctor. Hemp also recorded made by the Philippine Director and 50 per cent, come from the S'hal Cottons United States, while the rest wa Yangtszepoo$ more gain of

than one of Forestry, Mr. Fieber, in his Shems alone, bat it million res, the exporte for report for the fecal year of 1910, supplied by Japanese lamber-

to from the experience gained dur-en." Speaking of the Icoal Borneos amounting er poxets shall be inter. F4,880 33 ns compared with ing that year. On account of the lumber situation, dr. Fisher China Light & P. b & sa. $4.75

makes the following comments: Providents conditione prevailing 1. The importance ifa 37,000 in February, 1916. special

increase of between the United States and "Although the consumption of Dairy Farms pply of electrical power

lamber in the islande fer the past Green Islands can be furnished by F2013 in the value of cigars the Philippines, he would arge

year has been about normal, there H, K. Electrics ctric plant, is generally export during the month, and favourable propagands work on

the has been a decided change in the H. K. Ice Co., d, as in the electro- | P128,175 is the value of leaf Philippine lumbers, in

Ropes and electro metallurgi 1./bace Maguey shows an in- merkets of the homeland, but for source of supply, which has mate creue Pi51,226, and embroid direct and immediate results, he rally assisted the Philippine lam alries the power conta

Febrasty, would prefer to invade the Chiza ber industry. The large quantils eries 114,000 over a considerable percent-

of Oregon pine previously 1916. The guificant losses were and nearby markets, taking into je total working .

record by sagar which fell of soccant their proximity to the braght into this country and P4(6,4, and copra, the ship islande, and the ease with which sold at comparatively low prices plae Export Trade.

which were P262 395 facilities for their introduct has within the last year bean en less in velun than for February, ion in ibere markets tirely replaced by native lamber. alveis of the exports of ¦ 1916, lacresse in import was may be made available. The second contract for natize Lim ppines for the masth of Lebows gerorally throughout prospects of a preftable market ber awarded by the United Siste under the tille te lir. The gain in cotton even icenlly for Philippins lom-army for 1916 epaaks well for its quality and excellence of and Conditions," written goods amounted to F777,024; ber is also alluring, and it proper arold M. Pitt, presidentia m product, P223,400, steps are taken to incure ore manufacture. In 1915 the depart fanila Merchants Asso-ed in alect, four P221,773. fal maintenace of the high ment quarter-master purchased ppears in the Merchanla" | With the exception of automobiles standarde now achored to, there approximately 3,500,000 board feet of Phillippine lumber and on Review for March, and seweries, which showed a in every indication that the pre-

maye: An analysis of Ines of 10,785, the decreases in sent local market is on its way to this year nearly the entire United. States army requirements for the Philippine department, & boat six million board feet, has been contracted for with Icoal mills The anusaally large amount of

TIT ...

2/434 lumber shipped to the United States and China bas greatly 30 d.

Demand

2/4 7/16 stimolsted the local market in 60 ds.

2/434 2/456 2/4 11/16 that the yarde have not been over- stocked, as they bave previously T/T Shanghai......... Nom. been, and prices have advanced T/T Singapore

** 10 $6 to a point where lamber can be T/T Japan..... 110 readily cold at profit. The I/T India Nom. amount of lumber used in the Demand, lad'...... Nom. 561⁄4 Philippine islande during the T/T San Francis year 1916 le between 30,000,000 T/T Java.. 1383% and 35,000,000 board feet, which T/T Marks Nom shows a slight increase over the T/T Francs 3.2814 two-previoca years."

ernest and Franklin. been shown that it

possible 1.D. from

the Grest

&

fed that the whole of

the

There

iments

Con

or themouth of Fahruary, import» wers unimportant. The wholesome growth. This al vulges of our export genera acresas can be attributed bave been maintained in pur. greater transportation most part. The average facilite thun were available for the heup shipped during the of February of last year tha P447 per ton se and in me measure to increased 1 with P341 per ton for | prices The balance of trade

1916,

Coconut pilin favour of the Islande amounted increase from P500 P3.77,177 in February while per los engar frem in Juuuary it was P1,714,776, P117 per ion; tobacco makir a total for the two 66 to P677 par ton,conthefr5,171,953. Of imports ars remained at P34 per for the month of February, the and copra dropped from United States applied 49.77 per rent signat 58.00 per seat for P194 per ton. The in the person valas of the Janes y and 4688 in February porte a secounted for by rf 195. From the United King seed proportion of centri com o imports for February zar entering into exporta, were 4 c6 per cent, of the total *B been a new market nga 15 per cent, in January the United States for sad 562 n° February of 1916. eco from the Philippines Japa pributed 970 per demand is partly rascent. French East Indies, for the increased prices. 2.96 per cent; and Chins rovement in the quality of 7.91

at per cent.

the

|

tendency has been coted during the past year, especially in the supply of lumber for army use. Although heretofore, the local department has been supplied by the bomeland lumber has been merchants, there

marked tendency of shifting this source of supply locally, and the Oregon pine heretofore used exclusively for military struction in the islands has been gradually replaced by native woods, which expericace hae demonstrated can compete in atility with American lamber. This shifting ia demonstrated by the growth of the army contract which has been from year to year let out to local lambermen, and if present standards hold, there is every indication that the army will buy all ite lamber require ments in the islands in the fature. Speaking of the alluring opport anity presented by the Chim mar- keta, Mr. Fisher has the following

Austria and a Separate Place.

A dispatch from Tokyo dated: March 21, ye as follows: The to say "The unusual opport German Chancellor uddenly unity afforded for the extension went to Vienna on the 16th of

Steel Foundries

$8

så b.

$281

8&, & b. $8,55

ză.

1.

$49 $151

I.

$19 $7,85 $9.83

$1

1.

$8.40

煦。

$161

11.

b.

Trams, Low Leveln. Trams, Peak, old a. Trams, Peak, new n. Laundries U. Waterboats Watsons Wm. Powells Morning Posts a.

$29

CORRECTED TO NOON WEDNESDAY APRIL 4, 1917,

BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

Tei. address: Broker.

EXCHANGE.

SELLING.

co & New York

Demand, Paris ......

BUYING.

3.29

4 m/s. LIO

2/5 3/16 #m/s. D/P............ 2/5 5/16 6 m/s. L/C

2/5 7/16 30 dịa. Bydney &Į

2/5 7/16 Melbourne....... |30 d/s. Ban Franc-)

5714 isco New York]

Nom. 4 m/s, Marks

Nom

is largely responsible for impers of the mouth. In January er-average prices realised, Japaz contributed 10.50 per cent. etributora report business of the total importa; French Eset sary and February up to Indie- 677 per cent, and Chini,

4 m/s. Francs...... 34914 bas dering the correct 567 er bent. Io Fahrmary of last

6 m/s. Franc........ 3.4514 Demand, Germany. --- Blackening is noticeable yraz-pan's orniribation amount of the Philippice lamber basiness March because Austria-Hangur Demand, New York. 564 i becoming apparent that nd to 170 per cent. French Eat in the United States, onteed by has tried to have a separate pesce T/T Bombay ........ arab'e number ataong the India 13 79 peroral and Chins, the universi obrotic shipping with Rasis. The German Chan Demand, Bombay... rchants have oreretuoked 4.03 cent. The exports to the conditions, is still present, and to cellor was able to check this for T/T Calcutta alt of the deairs to fully Unit State took a big jump,, so even greater extent, in the the present, but the popular views Demand, Calcutta... Nom. bem elves with goods in the parts for Fobrungy being Hongkong and China marketa. in Austria and Hungary could Demand, Manila tion of further advanced 6231,ez dent. of the total whils Because of trans-Pacific freight not be completely suppressed, Demand, Singapore. 100% 6. Beparte are recaired in Jay it was but 25(8 being scarost and corresponding and there is a lendejoy for On Haiphong 3% prom. e-growing eactions to the perc sad in February, 19:6,ly higher than between far Hongary to brooms independent On Saigon 2% prem: sat prices demanded by but. Prsationly all of the eastern ports, the large qanotity from Austris, and to conolage On Bangkok......... 65

Sovereign marivion_84 Nom. more for palay make it crosset oil exported and a large of lambertom British Columbia separate poaos with Ramis,

Gold Leaf, per o....."48 Bar Silver, per om.... 26.13/.6

SUBSIDIARY COINS.

ble for the mille to operate part of the beep when to the and the north-western United

it in competition with the United Gintar, whil

d Saigon artiole. This the gorpiszálly larm

ia responsible in a moss í that d</sway,

for sentinued large dem

tions of ros. It in Bangk

stion, however,

socemuily right" itmif,' that; the sugar-growing seo- 3.36

ate for | Staten - wisică formerly went to

to | China in noy being replaced by

our woods. Some of the Philip

pine mills are running almint ex-

sively on orders froya Olianand you here lost your

orders, from firamiffatriei dainty dishes at the BAL

DEA CAFT more bo

11214

OUNT PER $1001

W

15.00 at to 33.69 236. every quarter of an hour. BUNDAYS:

10.33 AM 1020 AM 100 Noon

QUO P.X.

BJKT..

Every 15 MIN.

10 MIN.

15 MIN

Ja Mis

110 MIN.

IG MIN.

30 MIN.

NIGHT CARS es on Wend Days.

SATURDAYS:

Extra Car at Midnight

SPECIAL CARE

By Arrangement at the Company's Office, Alexandra Buffing,

Der Vorer Road

"feon and panel tickets available for all ons not already fun, running at the thing stated In the Company's tane tables, but not for spasial cum, can be fraud on application; ni thr Company O100:-Na Seaman tirket will

mayapent therefor has been made i in Bank Notes or by Ciepte or Compradoras older representing Hank Nolan, “

JOHN D. HUMPHREYE & CO.

THE CHINA PROVIDENT

LOAN AND MORTGAGE

CO., LTD.

(Capital Paid up - #1 250,000.)

Loans to Morteage of House Property, dia Ünoda ruesired of Stores. advances made on Merchandian, Loans made on the Providez: Bystem.

TILUSTEE, EXECUTOR OF WELS, ATTORNEY, 4t Undeneken and Executed. (Estes and Particulars on application)

To the Office of

SHEWAN, TOMES & CO,

General Manas org

MITSUBISHI GOSHI

KWAISHA. (MITSUBISHI CD.) COAL DEPARTMENT.

BOLE PROPRIETORS OF TAKASIMA. -OC81, MUTARE,, KISH- IBAKE, YOSHINOTARI, HOJO""-RAME. ZUTA, SAYO, KAKADA, SHIKNEW, KAMITAKADA, BIBLE and OYUHAR Colilorias.

Agenia fue SAKITO COAL

HEAD OFFICE :-- MARUNOUCHI, TOKYO, BRANCH OFF ES 1-NAGASAKI MOJI, KARAISU, WAKAMATSU, OTARU, MUBORAN, HAKODATE KÜ.E, OSAKA, KURE, TOKYO, YOLO. HAMA, NAGOYA, TSURUGA, VLADI YOSTOCK. BANKOW, PEKING, LONDON, NEW YORK, SHANGHAL LONGKONG, V.,IPHOSO and CANTON.

Cable Address:-"IWASAKI,” Cod : Al, A.B.A 5th Ed. West- ern Union, and Bentley's. AGENCIES:-- CHINKIANG-Messrs. GEAR- ING & CO., MANILA-Mezars, MACONDRAY & CO., SINGA-

PURE-Mesers, BORNEO CO, LTD. GLASGOW-M«sar, A.B

ROWN, MCFARLANE & CO., LTD.

For Particulars, apply to.... К. КАТО, Launger, fongkong, No. 2. Pedder Streak,

MARTIN'S

APIOL

HEAD OFFICE-LONDON, Fald-op sipial,DON Les Fund...---- Reserve Liability of Proprietors code 1,299,0038

FOREIGN EXCHANGE and General Bucks

Eusiness transacted.

CURRENT ACCOUNTS opened and PIXE DEPOSITS Feed for 1 year or shorter perioda, at maɛme which will be quoted on application,

T. C. DOWNING,

Manager Hongkong, 11th April, 1912.

THE MERCANTILE BANK (F INDIA. LIMITED.

Head Office 15, Gracechurch Street, London. Authorised Capital £1,500,C(0 Subscribed

Paid Up

+

+1

Reserve Fund

BANKEES The Bark of England,

1,125,000

562,500

-$30,000

The Leadon loist Stock Rank Lamar and. BRANCHES-

Bombay Calcula Colombe

Dzibi

Galle

Hongkong Howish

Kandy

Port Louls (Mauritius,)

Karachi

Kota Bhere

Kuala Lump

Kadma

Pasang

Rasoo

i beoghal

Lingapore

FONGLONG BRANCH,

Ivery scription of Banking and Exchange Waza acacia

Jalers allować on Currans Accent at great paranorm on Daily Balaber, and on Fiand Depart si vasa which may be ascertained on application.

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE

51. Wall St., New York.

LONDON OFFICE; 16, Bishopaque, EC. CAPITAL PAID UP......$3,250,000- RESERVE FUNDS........ $4,250,000

U.B. GOLD ...#7.500,000

BRANCHES :--

KOBA

LONDON

BOMBAY CALCUTTA

CANTON

COLOR HANEOW HONGKONG

SANTO DOMINGO

SHANGHAI

MANILA BINGAPORZ

MEDELLIN TIENTSIN PANAMA YOKOHAMA PEKING,

SAN FCISIO

Through its close affilation with The Nasop City Bank of New York, the Bank is able to the Services of the Branches of that Indeation is Călin Bouch America, and elsewhere, namely:-

BANIA, BUENOS AIRES, GENOA, HAVAYA MONTEVIDEO, RIO DE JANE SANTIAGO DE CUBA, SANTOR PAULO, PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINESS

CURRENT ACCOUNTS opened and FIXED DEPOSITE recaired at rates to be ascertalaně on- application.

GEORGE HOMO,

Manager,

Hongkong, 25th September, 1816,

THE

YOKOHAMA SPECIE BANK.

LIMITED.

Established 1880. Authorized Capital Yen 48,000,000 Paid-up Capital ... 30,000,000 Reserve Fund kayane an

21,900,000

"

#

Hand Office-YOKOHAMA.

Besschu Patung-Hslay