1917-04-19 — Page 10

COMMERCIAL NEWS.

CORNISH WOLFRAM,

Japan's Prosperity.

creage of 156,934,501 in vaine tungsten,

Osaka

Tokra

85,614

Yckobama

66.459

robe..

93.294

Nagoya

56,493

47.499,680

*

two

L

THE HONGKONG TELEGRAPH, THURSDAY,

sú serial

again, a

with

HAIG INTERVIEW.

His Frank Talk with French Journalista

"From time to time,” said

report?

购

APRIL 19, 1917.

HONGKONG SHARE REPORT

S-SALLERS; S&—SALES;

·B-BUYERS; N.-NOMINALM

Banks

OFFICIAL PRICES.

BANKS.

b.. MARINE INSURANCES,

Тала

$710

b.

$975 t. 150

$915-

ex 73 $217

155

b

$350

SHIPPING.

BANKS.

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General Banking Business Transacted.

INTEREST ON FIXED DEPOSITS:

For 3 Months 3% per annum. For 6 Months 4% per aar um For 12 Months 41% per annum LOOK FOON SHAN,

Chief Manager.

b:

$18 $194

102

$94

REFINERIES.

b.

$112

b.

$32

MINING

1.

t. 1714

b.

$2,25

S.

да

27/6 28/-

DOCKS, WHARVĖS, GODOWNS, &C.

$82 $123.

1.00 AR. DO 2.00 £ 10

t. 90

H.K. Wharves 8. Kowloon Docks Shai Docks

S

b

LANDS, HOTELS AND BUILDINGS.

Centrals

been blocked out, and work hors is to be pressed forward vigorous- ly as soon as men can be spared Material for High-Speed Steel. from the Kit Hill costean, which has hitherto abrirbed most of the

of the labour availabla.. Buergy.

Sir Douglas Haig's interview. Evidence of the general proo

The third part of the Duchy's An important programme of enterprise is represented by the and the circumstances in which it with influential French journaliste, perity of Japau is found in the following figures supplied by the mining devlopment is being an- mine and ore-dressing worku at

www.published without the know- Japan Chemise-Daring Karch dertaken by the Duchy of Gunnislake Glitters, situated on billa ohared at the Osaka and Are Cornwall, the principal object steep bank beside the River ledge of the War Cabinet, aere other principal Clearing Houses being the recavery of wolfram. Tamar, mile or no from the explained by Mr. Bonar Law in numbered 1.185,583, valued at This mineral is at present in great Hingston Dawn mines, Work Parliament recously. ¥1,942,941,798. bowing an in-demand for the production of will be resumed on the mine here Mr. Bonar Law, "Sir Douglas Cantons

metal which ilin due course, but at present S and of 159,620 in number se osmary for the manufacture of attention is being paid to the Haig has seen influential geotle North Chinas

remodelling of the mill, which from Allied and neutral countries. Yangtszes

men, both journalists and others, Unions pared with the preceding month, high-speed steel.

The scene of the operations in stopped work in 1909 and lay On this occasion he met several The total clearings from the beginning of the year up to date the extreme eastern edge of idle until recently. During this influential journalists, and had China Fires

FIRE INSURANCES. numbered 3.214,693, valued at Cornwall, few miles to the west period the plant deteriorated with them a frank coavaration, in H.K. Fires bi Y5,694,502,619. Compared with of Tavistock. Here, as in several considerably, and in consequence the corresponding period of last other areas in the county, wolfram when the Dooby, which had which he gave his general views

of the situation." year, theas figuras show an in- is found together with tin. In acquired the mill, decided to crease of.367,220 in number and the old days it was rather work it

Proofs of the interviews were Steamboats

Douglases general of 71,779,317,012 in valus, nuisance to the miners, whose overhauling was required. One sent to General Headquarters, bat Indos (Def.) The following shows last month's quest was for tin. As wolfram of the chief tasks ass been the owing to the action of a Indos (Pref.) Azures for each Clearing House and cassiterite (tin pre) are of an beritation,

subordinate they were not, un- Shells important 370,066 Y633,953,604 practically the same

specific soonomies in fuel, of a gas engine fortunately, submitted to Sir Ferries 317981,205 gravity they could not separate of 180 h.p. driven by a gas pro 524557

Douglas Haig himmelf. minerals by the docer for the steam engine origin the conflicting reports of the in- Malabons

Mr. Dillon asked, in view of Sugars 161,234 886 the 214,51,120 hydraulic pre-draming methods ally installed for the generation

47,823.525 ordinarily employed, yet they of electric current. There are 25 terview, whether the Government

were heavily penalised by the Californian stampa, of which 10

would oirdalste an authoritative 1,185,583 ¥1,941,941,798

ameliers if their tin concentrates are now at work. Preparations

Kailans Langkats contained more than 2 or 3 per are being made to provide the Chinese Cotton.

Mr. Boner Law said there were Raubs The weekly cotton market re-cent. of walfram; indeed, the part of Merera, J. Spant and Co. name wolfram is said to hareshing table required for the two or three interviews, and all Trongs

remaining 15, bat even the ofthem were sent to Headquartere, Urals for April 12 states:-The market been applied on account of the equipment for the first 10 is not but, unfortunately, none of them during the past week has been mineral causing loes of tin in yet quite complete, arrangements was presented to Sir Douglas featureless in so far ss any fresh melting, in the same cense as being in progress to ensure a 60 Haig. tranegotions are concerned, mille Batimony was called "the wolf"

per cent, recovery of wolfram and Sir Houry Da'zielisquired how generally being out of the market by the slchemist because it tin, which is distinctly above the long the interview, was kept back for the time being. On the other devoured the base metala when Cornish average.

by the Press Barosu before pub- hand prices have advanced some employed in refining gold. The

At present the ore comes to the lication, and whether any stape four to five mase in sympathy expedient was adopted of picking mill by road, but the erection of were taken to consult the War with the rise in Americs, Arrivals cat the wolfram by hand from the of Tangchow and Shanghai have cassiterite, the two being readily thought of to handle the material before publication.

ropeway is being Cabinet or Sir Douglas Haig H. K. Hotels

Land Invest. -- diminished to some 800 to 1,000 distinguishable by the eye, and the from Kit Hill. The procese of Mr. Bonar Law:-I believe the Kloon Lands H'phreys Est. bales daily, farmers being quite damaps of rejected mineral thas treating the ors consists roughly interviews were detained by the Shai Lands reluctant to sell even at the ruling formed have proved rich source in breaking it in stone crushers, Prese Borsan, but I am not sure, West Points bigh rates, and the general opinion of wolfram, though probably the

COTTON MILLS. prevalent is that we shall see high- best of them have now been used. Passing it through the stampe, sad I do not know for what pur

and separating the valuable pase. The War Cabinet knew er prices during May. How far When at the beginning of this minerals from the sand by means nothing about it until they sawos this is likely to be materialised, century high speed steel brought of wasbing tables and other the interviews in the newspapers. Shai Cottons

Kung Yiks b. depende more or less on the tungsten into demand the tables

Mr. Snowden asid that under devices, for all of which aboud- American situation, coupled with were turned and wolfram came ance of water is required. But, as the King's Regulations no officer

Yangtszepoos 11. silver newe, and we therefore into its own, and now the miner has been mentioned before, the was permitted to give interviewa think it fatile to make any forecast strives to have not more than 2 specific gravity of wolfram and or publish articles before obtain Borneos for the present and can only say per cent. of tin in his wolframa cassiterite being practically the ing the permission of the War | China Light & P. b. that the general opinion is bullish. concentrates.

same the two cannot be separated Office, Seeing that was not Providents Tons of the market, firm, --t The work on which the Duchy by these means, and therefore done in this case," he asked, Dairy Farms b.

of Cornwall is engaged falls into recourse is had to a magnetic "what action do the Government H. K. Electrics | Green Islands three parts. The first is at Kit Manchester Goods.

separator.

propose to take in this matter 2" 9.-Colton Hill, which forms the westerly

H. K. Ice Co., This consists of four électro-

Mr. Bonar Law:-Iam not sare Ropes values have been strengthening part of Hingston Down and rises and a frm tone prevails, While nearly 1,100ft. above sea level, magnets of successively increasing what the King's Regulations are Steel Foundries there has been no improvement Hera a costean or cutting is being power, and its action depende or on this point, but it has been the Trams, Low Level sa. #7,30&7,25 in business in Manchester for driven north and south across the the fact that while iron is highly obvious custom of this Govere- Trams, Peak, old .. cloth, it is suggested in urface of the hill. It is about and wolfram slightly magnetic meat, and the preceding one, that Trams, Peak, new a. quarters that there is a more 700ft. in length and wide enough tin ie not so at all. The con. influential people of our Allies Laundries

should be permitted to see the U.Waterboats hopeful feeling about. On the to take a narrow-gauge tramline, dentrates, previously dried, are other hand, the Indian tariff and has an average depth of a boat carried on a travelling belt below Commanders-in-Chief of both the proposals have bad a demoralising 15ft. For the greater part of its the poles of the magnets, and be- Army and the Navy. I do not Morning Posts effect. Messrs. Robert Barbour course it runs through granite,tween this belt and each magnet think it is in itself an undesirable and Brother, Ltd., write in their though a portion at the southern are rubber banda moving at right practies.

Thus as the Mr. Snowden asked why the monthly market report:The end is in killas, and in the granite angles to the belt. month opened with a section it has cut through a concentrates come under the in- Press Burean told the newspapers tional slamp in cotton in number of promising lodes of fluence of the first pair of weaker two days after the interviews bad America, which WBS reflect wolfram and tin. These lodes, magnets the iron particles are appeared in the Press that they ed to a lesser degree in coal which ran roughly east and west, attracted up from the belt to the were not to publish reports of the

interviews. markets. Curiously enough, are vertical and contains varying lower wide of the rabber bands,

Mr. Bonar Law:-Icannot an- whereas the probability of war number of veins of mineral. The from which they drop off into between the United States and largest disclosed so far is about receptacles as they pass out of the swer that question, but if the Germany was saficient to pro- 21f. wide. In addition several magnetic field. The wolfram bor. member chooses to pat it duce more or less of a panic, the other cuttings have been made particles are similarly removed down on the paper, I will try to actual breaking off of diplomatic having an aggregate length about by the next pair of bands and answer it. relations tended to steady the cqual to that of the contean.

Mr. Pringle-Was one of the stronger magdeta, while the tin market. Spot cotton, as low se As the lodes rise to the surface is carried on the travelling belt interviewe initialled by the Chief 10.18 on 5th ult, consistently the working, from which some and discharged into another box of the Buff of Sir Douglas Haig, improved from that day to the four tons of wolfram have already It may be necessary to pass the and if so which one?

Mr. Boner Law: I have already T/T Shanghai...

4 m/s.............. the end of the mouth with but minor been obtained, are of the nature wolfram portion through downward fluctuations, and closed of quarrying rather than mining, separator more than once in order said that the interviews were

T/T Singapore at 11.60. Egyptian cotton, with bat developments in the direction to obtain a product of the desired submitted to the Headquarters T/T Japan....... 10954 Staff, but I do not think they T/T India.... Nom. many consecutive days unchang of deep mining are contemplated. degree of parity.—Tim's.

ware' seen by the staff who are Demand, India ed quotations, steadily appre- About 40 years ago a tunnel was diated throughout the month, driven into the hill from its

responsible for them. As the T/T San Francis question affects the Commander- oo & New York/

London March

Bom

NOTICE.

NOTICE.

PEAK TRAMWAY CO.

LIMITED.

TIME TABLE.

I AM To 12.30 to

-115 PAL, CO 1.6$ 2.3 to 2.153 DO

41

300LC 10.00 12.0046

L1.5 TS

215.2.1.

4.09.

5,00

NIGHT CARS

EVERT 15 MLN.

RM and a £30 to

11.00 at every half boun

22.00 to 1. every quarter of an hour. JUNDAYS:

5.00 1,36, to 20.33 13, bo 21.30 AM, DO 3200 Noon to 100 FOR to

10.30 AM 1200 AM 1500 Nou 100 x 5.30 7.3 6.00 23

ΕΙΣΑΙ

Ho

1 MIX

10 M

NIGHT CARS as on Week Days.

Д

$.00

$102

$97

1.

$6,25

$39

7.00

Д.

t. 80

b.

$75

147

500 to

5.207.

t, 14

630

6.00 ...

b.

t. 120 t. 5

MISCELLANEOUS.

$8

$4,75

$8

1

b.

b.

$231 $8.10 $50

1,

D.

$ 151"

$2814

$10

Watsons Wm. Powells

n.

$9.83

b.

$8,40

D.

11.

$16 $ 65 b. & sa. $61

$29

CORRECTED TO NOON THURSDAY

APRIL IS, 1917.

BENJAMIN & POTTS, Share and General Brokers.

Princes Building.

Tel. address: Broker.

EXCHANGE.

SELLING. **CAREX.. 2/436

T/T

Demand

30.ds.

60 d/s.

2/4 7/16 2/434 2/496 2/4 11/16 Nom. 100%

Nom

564 13611⁄2 our Allies, I do not think it is in T/T Mark Noma the public interest to pursue the T/T Francs 3.22

3.2214 Demand, Paris....... matter.➡(Lond cheers.)

BUYING.

fully good fair ranging from northern base for a length of GERMAN WAR TAXES, in-Chief and influential men of TT Java 21.20 to 22.65. On the top of two 2,000ft.. and it is proposed to amell props the necessity for a continue this tunnel" for another large one is self-evident, Whether 1,000ft. to meet the continuation. it be uncertainties of which there of an old shaft on, the top of is no lack, or the idea still preval- the hill. A pipe line to convey ent abroad that peace will mean compressed air for the drilla in

a lower level of prices, our market already in place, but compressing

Hopes of an lađemo ty.

4 m/s. LIC... 2/5.3/16 4 m/s. D/F ........... 2/5 5/16 so ds. Sydney &

6 m/s. LO... 2/5 7/16 2/5 7/16 Melbourne. 30 d/e. Ban Frano-1

574 iscodz New York

-3.34.

11234

Discussing the proposed row if no war indemnity is received ture of the fature of the Empire has and btedly suffered from a plast has yet to be provided. One German war tazer, the Lokal from Germany's enemien. scarcity of trade unknown for a advantage gained from this stanzeiger of February 14 mentions very long time. India has been rangement will be that the hill will the possibility of a war profits come so heavy that part of the The burden (it says) would be practically aubeard of, and the be automatically drained, so that

tax of a retrospective character, only bright spot has been China, the expense of pumping, which in addition to an increase of 20 oosts of education would have to 4 m/s. Marks Nom: though its illumination has, per- has proved fatal to many mining per cent, on the existing tax. Anished social reforms limited. 6 ms. France. 3.39.

be scratched, all salarios dimin-4 m/s. Francs hape, been somewhat anduly enterprises in Cornwall, will be Imperial tax on railway traffic has rents and prices of foodstuffs Demand, Germany magnified by the extreme avoided. dulness of other contributing The second area on which the gard to the reported coal tax, the middle classe would beooms Demand, Bombay... Nom. ...also been considered. With **-rained, :: Grass... maanon of the Demand, New York. 569%

TIT Bombay centras. Most spinners and manu-Dachy authorities are working is propoesl is that every ton aball factures, in spite of diminished farther east on Hingston or Hen pay a certain amount, probably economie throttling of how in Demand, Calcutta... Nom..

poor and there would be a TIT Caloutta......... output capacity, are wanting giston Down. That down is the 1 or 2 marks, to the State, before dustries which would make itself Demand, Manils work, and irregularity in prices is traditional scene of the fight be the coal is brought into the mark-felt from Krupps to the humblest Demand, Singapore. 100% becoming more frequent and tween Hengist and Horas; end et. In ordinary time Germany Inbourer. There is no more On Haiphong... 3 pronounced. In goode we cannot there is an old Cornish rhyme prodnoes about 500,000,000 taas bloody sarcasm than that of the On Balgon 24% prem point to say improvement worthwhich says: naming, but perhaps the general Hingston Down well wrought, marks would produce one milliard shed to make an end of the Sovereign 8.40 Nom.

of cosl yearly, so that a tax of two programme of Scheidemann, who On Bangkok mia 6533 tone is a little less despondent. Worth London town well bought marks. Count von Papen myn war in much a way that every Bar Bilver, per o..... 361⁄44 We quote medium China, 16 by Although the numerous shafte that coxlowners would accept the ghats should pay its own cowls. 15 87/b, 11, 68.; 19 by 19 10th., and chimneys: dotted over the new inz fairly willingly, "at they) Ba who given gaan såvice to the 14. 64.

surface are evidence that efortal hops.. the danger of the German Tatberland in leading it have not been wanting to ensure nationalisation of the coal in towards suicide. Every day the that the down shall be wall dustry would be prevented by it." war continues the question of wrought,” the results bars never

The Dresdner Nachrichten laying upon the enemy the greater Chine For the best Meals, Refresh

equalled expectations. At the estimates Germany's war expendi- fectionery at before-the-War

ALEXANDRA CAFE siderable quantity of wolframa fins

türks, and draws a sombra pio- azistenes of the Empire,

more – imperative: demand

Gold Leaf, per on... 48.40

prem

SUBSIDIARY COINS.

DISCOUN

FIN: $100.1%

ments, Bread. Unkes and · Con• Plantation Shaft; however; a con- | ture-as-mirendy (120 milliarde og Part of the war costs becomes inede

SATURDAYS:

Extra Car at Midelgbt.

SPECIAL OABS

By Arrangemans at the Company's Offies, Alexandra Buildings,

Dos Foam Boad.

"Besson) and punch tickóta avilable for al muen not already full, running at the tiene stated in the Couspany's tince tables, but not for special cers, can be obtained on appilation sĩ the Company's Often?–No Sesson taket wel be lessed wall: payment therefor has been made in Back Notes or by Cheque of Compradors order representing Hack Noteɛ"

JOHNT, HUMPHREYS & CO.NE

THE CHINA PROVIDENT, LOAN AND MORTGAGE CO., LTD.

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

Loans on Mortgage of Romae Eroperty, do Goods recored on Storage Advances made on Merchandim, Loans made on the Providest System.

TRUSTEE, VECUTOR OF WILLS. ATTORNET, de. Undertakan and Ezacazed. Bates and Particulars on application) To the Ofir of

SHEWAN, TOMES & CO.,

General Managers.

MITSUBISHI COSH) KWAISHA. MITSUBISHI CO.)

COAL DEPARTMENT.

SOLE PROPRIETORS OF TAKASIMA, OCNI, MUTARE, KISS. IDAKE”“YOSHINOTAMI, KUJO, NAMA. ZUTA, SAYO, KANADE, SHIKNEW, KAMĪTANADA, BISAL' and .OYUHAR,

·Colilerias.

Agents for SAKITO DOEL

·HEAD OFFICE :- MARUNOUCHI, TOKYO.

BRANCH OFFICES.-BAGASATI MOJE KARAISU, WAKAMATSU, OTARD, MURORAN, HAKODATE BOBE, OSAKA KUBE, TOKYO, YORD HAMA KAGOYA, TSURUGA, VLADI. VOSTOCK. HANKOW PEKING LORDON, NEW YORK SHANGHAI, HONGKONG, HAIPHONG như:

CANTON,

Cable Address :~~IWASAKI" Cod:s: Al, A.B.A. 5th Ed., West- ern Union, and Bentley's.

AGENCIES:- CHINKIANG-Messrs, GEAR="" ING & CO., MANILA-Messra, MACONDRAT & CO., SINGA PORF-Messrs, BORNEO Co LTD. GLASGOW-H÷ssrs. A.E. ŁROWN, MCFARLANE &CO., LTD.

For Particulars. apply to

K. KATO, A

Manager" Iongkong, No. %. Pedder Street,

MARTIN'S

BANKS

HONGKONG & SHANGHAT

BANKING - CORPORA

TUTION,

Paid-up Capital .......................$15,00€:008 RESERVE FUNDS:

Sterling t

£1,500,000 at 2

-$15,000,000

Silver ...$18,500,000

550,000

Reserve Liability of

Proprietors. $15,000,000 COURT OF DIRECTORS. -$. H: Dodwell,, -Chairmar-

J. Plannery Enj, Deputy Chairman, Hes. Mr.C.. Antess Gas, Macin Q: Gabbey. Lige Bon. Mr F.R. Boryen E. V. D. Furr, Elg, W-In Patiendas, Kings Chariot . Mallim.

UULEP MANAGIA

MILLER Ebangheina, G.)

London Bankans-London County and

Westminster, Limited, 99-

Hong hoog-Internet & Mormont i

On Current cats at the rate of 5 per i

Stesen Bartku dally balanca,

ON FIXED DEPORTIE, For months, 2 per cast par aAGON. For 6 monika, 34 per cent. per anspo. „„For is months, & DE CHELL, per AREON. N. J. STABB,

Chief Managar,

| HONGKONG SAVINGS BANK

TEX Hainen of the above Hank's croduced by the HONGKONG AND SHANGHAI BANKING CORPORATION

Rales may be obtained on application

INTEREST on deposits is allowed on the indus imam monthly balances at îi per cent, per agnerin,

Depositors may transfer at their option, balacat of 100 or so to the Hoogtour and Shanghai Bank to be placed as FIXED DEPOSIT 06 4

KEEL. DET SABUM.

For the Hongkong and Shangbai Banting ( tics.

*

N. J. STABB,

Chief Manage 7.

THE CHARTERED BANK (P- INDIA, AUSTRALIA AND ~*~*

CHINA.

Incorporated by Royal Charter 1652 BELD OFFICE-IDEDON, ** Pild-up Capital

Keerre liability of Fropriate

FOREIGN-RICHANGE and General Basking

business transacted, CURRENT ACCOUNTS. opened and VLEKIN DEPOSITS PROSÍved for 1 year or shorter periodu, 08 rate which will be quoted on applicadon.

T. C. DOWNING,

Manager Hongkong, 11th April, 1912.

THE MERCANTILE BANK (T INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London.

Authorized Capital Subscribed

Paid Un Reserve Fund

----.. £1,500,000

****** 1.125.000

BANKERE

The Bank of Englag

562.500 600,000

The London Fairt Stock Eack, 1. imited. BRANCHES yan

Bombay

Calcutta

Colabo

Delhi

Galle

Rongkong

Horinh

Kandy

Fort Louis Maorities.}

Koss Bhare

Karachi

Kuala Lumpu

Mar

Penang

Rangood

>kanghai

Slagsport

FONGKONG BRANCH. Every description of Banking and Exchang business transacted.

Interna: allowed on Currens & casients at a par cent per serum on Daily Balances, and on Find Dupont at rains which may be ascertained on applicatiões

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKINÖ

CORPORATION.

HEAD OFFICE:

55 Wall St., New York.

LONDON OFFICE:

36. Bishopsgate, E. CAPITAL PAID UF

****** $3,250.000- RESERVE FUNDS. $4,250,000

US, GOLD

BRANCHES :---

BOMBAY CALCUTTA

CANTON

CREU. COLON HANKOW

| HONGKONG

TOBE

$7,500,000

MANTO DOMINGO LONDON SHANGRAY MANILA

BINGAPORE:

MEDELLIN TIENTSIK

PANAMA

PRKIZG

SAN FCISCO

YOKOHAMA

Through its close aliation with The National Services of the Branches of that Institutes far Cam City Bank of New York, the Bank is sole to offer the South America, and slseshers, DEMO Y?---

BAHIA, BUENOS AIRES, GENGA, HAVANA· MONTEVIDEO, 210 DE ZANTIAGO DE

ANSIRO 1 CUBA. SANTOS," SAO! PAULO, PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted.

DEPOSITS received as rain in bas secuRANE OF CURRENT ACCOUNTS spased, and FILED *plication.

GEORGE HOGG, Musi Hongkong, 26th September, 1916,

THERE

JOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

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

30,000,000 21,300,000

Head OfficeYOKOHAMA.

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