1917-05-03 — Page 9

COMMERCIAL NEWS.

British American Tobacco Co.

**DICTATOR OF GERMANY.

Ludendorff the Real Power

Behind the Throne.

THE HONGKONG TELEGRAPH, THURSDAY, MAY

FRYATT MEMORIALS

"FUND.

THE COAL SITUATION.

Some: Detalls of French Production

Some Far Eastern Contributions report of the American Industrial

1917.

HONGKONG SHARE REPORT.

8-SELLERS; BA.—SALES; B-BUYERS; N-NOMINAL

OFFICIAL PRICES.

BANKS.

the normal H. K. & S. Banks b.

MARINE INSURANCES.

Shells

וי'

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 ani um.

For 12 Months 4}% per annum LOOK POON SHAN;

Chief Manager.

NOTICES.

NOTICE

PEAK TRAMWAY CO.

:

LIMITED.

TIME TABLE.

$710

T

IL

Da

b.

$875 t. 150 $860 n. ex 73 8217

b. SHIPPING.

$146.

$325

$93

$18

ᄑ.

$125

2.

b.

107/ 83134

REFINERIES.

A

$11314 $32

MINING

1.

31/6

b. x. d. t. 1694

$2,60

3.

**27/6

311-

DOCKS, WHARVES, GODOWNS, &C.

2002. to 2.00 am to

8.00.

EVAY 15 MI

10.00 4.

1

Kowloon Docks

b.". LANDS, HOTELS AND BUILDINGS.

n.

*$79, $124 t. 90

10 MX

11.00 AM

15 MIN.

axe to

16 MIX

1.15 PM

20 Str

PC to

1.6 2.36.

15 MIN

P.X. 10

BIJ 1.3.

+

10 MIN.

5.00 PM

300 7.3. to

5.00 3.

10 MON

D.

$.00 $102

1.

$97

$6,25

D.

$38

4.00 A

b.

t. 80 $77

COTTON MILLS.

Bm A to 10.97 31.30am to 11.3AX. 0 19.00 Noon to

EVERY 15 M

6.30 to

11.00 AL 19.00 Noon

1.00 F 5.3072 6.00 P

10 My.

10 M

-

"

30 3

t. 151

8.00

to

5.90z..

IS MIX

b. & sa. t. 14,40, b.

t. 121

t. 5,50

$8

$4,75 $8

S&

b. - n.'

I

$231 $8,10 $52 $151 $2814

$10

$6,80

89.80

$1

$3.40

$16

$61

Vancouver Salmon. " Two salmon canneries that will Cost approximately G.$100,000 sach will be built this spring on

The third instalment of the Vancouver Island by the Lammi Bay Packing Company, Ld...

Commission, sent to France" which has just been organised by

the American Manufacturers' Ex- stockholders and officials of the

The first of the two objecta of port Association, deals with rail- Lammi Bay Packing Com The following despatch from being now ssured; further con

the Captain Fryatt Memorial Fund ways and coal. It says in part: pany and Canadians.

Thon- Geneva is by the ex-Berlin corree-tributions will serve to awell the French coal production was about

Before the war, · sands of dollars more will be spent pondent of the Acepciated Press second object, that is the creation 40,000,000 tons per year. In for tenders and seine boats. With of America: the Lammi Island plant and the

of a fand for the relief of cases of 1915 the production was about Cantons Germany now has a real "boss" suffering and distress, primarily 20,000,000 tona. This decline is North Chinas two British Columbia canneries in General Ludendorff. The hand those due to the war arising due to the occupation of the Yangtszes operating the two companies will of the chief of Hindenburg'e amongst the members of the northern coal mine regions by

Unions be able to put up about 300,000 General Staff and his treated col-profession to osses per year, without taking into league is now not only felt in the Fryatt Belonged, or their depen-

which Captain the German account future enlargemente on strategic direction of the armies dents. The voting of $1,000 to consumption averaged 80,000,000 H. K. Fires

FIRE INSURANCES. Before the wat Vancouver Island. In the new of the Central Powers, but reaches thie fund out of the fands of tons per year, so that France had

French anal China Fires concera a number of Candians out into Germany's whole econo- the Imperial Merchant Services normal coal shortage of 20,000,- Douglases are financially interested.

mic and social life.

Guild, which was adopted, by 000 tour, of which England has Steamboats Since the atoppage of tobacco military control, but of civil annual meeting, is a

All the threads not only of the members at their recent supplied about 13,000,000 tons; Indos (Def.) manufacture at Makden by the administration, food distribation, of their whole-heartedness in giom, atout 3,500,000 tons, and

an indication Germany, 3,500,060 tone; Bel-Indos (Pref.) British-American Tobacco Co. industry.sgriculture, and, finally, this important matter in their all other countries combined ic Ferries casual observers might bara even of German forsign relations, efforte thought that

the Company's all of which are now subordinated petuate the name of their illa 000 tona.

to. forever business campaign baa got relaxed to military requirements, ran trious member.

per cluding the United States, 300,-| in tension. Such is far from the ultimately to the chateau which recent contributions are the fol- the fall in production has been

Amongst very

Sugars truth. Tobacco leaf is being paris the Silesian country seat of owicz-Varers. A. Vosalovich accompanied by a fall in con-Kailans

Since the outbreak of the war Malabons chased on an extensive scale about Prince Pless, where Ludendorf and Co., of Rangoon, 610; Mr. and sumption to 40,000,000 tons, Langkats Kirinand issend to the Company's sits with the great Hindenburg 3 Mrs. B. W. Leefe, of Colombo, leaving the coal shortage, as be Raubs Headquartere at Shanghai for use Imperial Headquarters. at the factory there. The Com.

£50; the Nortborn Steamship fore, 20,000,000 toza. In 1914 Tronohs pany bas further entered into an ion is in question Hindenburg's West Russian Steamship Com-15,430,000 tons, of which 11,000,-

Where a purely military deci Company, of Petrograd, £20; the there were imported into France Urals arrangement with Meeste. W. D. name is usually cited as the depany, of Petrograd, £10; sad 8 000 tons came from England, and and B. O. Wille and Co. (Eng-terminant authority, but in all collection by Captain A. Kelly in 1915, 19,067,000 tone, almost H. K. Wharves n land) to act as sales agents for other great questions in the fore- Davies, of Tientsin, China, 16 all imported from England, the latter's manufactures. In front of German policy daring It is inevitable that the ordeal short the Company has been do-i ing everything possible to enlarge introduction of universal auxiliary captains and officers are now shown by the following figures:

recent months-such

8# the through which our merchant of French cost, at the mices, is

Before the war the average price Shai Docks the market for its wares. The labour service, the conversion of passing moet in individual cases-1893, 11:49 franca'; 1906, 108 4 Centrals monthly business in Mancharia German industry to an absolute bring about great suffering and frenos; 1908, 15.84 france; 1910, H. K. Hotels in panged at over S. Yen 900,000. war basis, the transfer of Belgian distress, for which there are real 14.50 france; 1912, 15.51 france. Land Invest.. **** Manchuria Daily News.

workmen to Germany, the tigh-ly no public funds available such Mining in Japan. tening of the food distribution as thereare in the case of the Navy always somewhat higher than Shai Lands

The price of English ooal was 'phreys Est. n. The mining industry has con- tinued active ever since the regalations, and, finally, the un-and the Army. The Memorial that of French coal, owing to

K'loon Lands restricted submarine war-pro- Fond, therefore is deserving of all its superior quality. The rise in outbreak of war in Europe. This phecies of coming decisions in the more practical consideration in the price of cost eince the war bas is well shown by the conditions well-informed circles are almost the form of contributions from the beeh very great. At present there Ewos

West Points the diatricts under

self-explanatory remark" "Luden from those in any way connected on coal; the coal from French Shai Cottons Office in Oake, which is the dorff ist dafuer" (Ladendorf is with shipping. central market for mineral pro for it).

Contributions mines ia rold ct from 25 to 45 ducts in Japan. Applications

will be gratefully received by the francs, according to quality and

Yangtszepoos SA sent in to the clos daring leat It was Ludendorf who in the honorery secretary of the fand, conditions; the coal from foreign Borneos

MISCELLANEOUS. year for the right to make trial exciting days of August 1914, Lieut. T. W. Moore, RN.B., at sources is sold at 150 francs and China Light & P. b. diggings numbered 3,724,8 com- when the original German com- The Arcide, Liverpool.-Journal mare. Before the war the prices Providents pared with 1,444 for the preceding mander had determined to retire of Commerce. year. They cover 1,930 mining before superior Russian forces

obtained for domestic coal govern- Dairy Farms b, lote as against 1,294 in the pre- and bad already given orders to

ed, practically, the price paid for Green Islands vions year, an increase of 636, or abandon East Prussis and fall

bad to meet the competition of imported coals, because the latter

H.K. Electrics H.K. Ice Co., about 50 per cent. The output back behind the Vistala, was

the former in order to find a mar- Steel Foundries 32.

Ropes for the year under review amount barried eastward from the Im Sestile, April 21. Opium két in Europe. ad to Y26,000,000. Ae compared perial Headquarters, picking up which has been seized by the The problem of coal importa-Trams, Peak, old u.

Trams, Low Level sa.. with Y.15,000,000 for the fore-Hindenburg on the way, in order local port authorities during the tion must be considered from two Trams, Peak, new n. going year, this shows a gain of to save the sitaation, and he has past four years and whose value points of view, viz, doring the Laundries Y.11,000,000. The principal merely tended to the whole of is red at $280,000 G. has been war and after the war. Heretofore U. Waterboats prodacts are copper Y.22,000,000 Germany the system which he in ordered to be sent to Washington the quantity of coal imported Watsons (an increase of 22 per cent.), troduced in the east when Hin for the use of the Army Medical from the United States has been Wa. Powells ailver Y 1,800,000 (an increase of denburg was merely commander Corps.

insignificant. Some of the French Morning Posts railroad companies have ordered American coal, but no in large quantities, and some American | BENJAMIN & POTTS, coal has been brought over The possibility of bringing over

Princes Building a large supply of coal from America binges chifir on the trans-oceanio freight rates are freight situation. The present practically prohibitive.

in

the

jurisdiction of the Mining Airinvariably accompanied by the British public, particularly 80 are two clases, of prices made Kung Yiks

9 per cent), gold Y.800,000 fan of the eastern forces. increase of 12 per cent.). The Ludendorff then had fall control namber of men engaged in the of the entire administration in the

ment co

Indo-China.

Seized Oplum to be Used for U.S.

Army,

overruled his

for coal shipments from Americs It would appear that the outlook

д.

IL,

b.

I.

5.

s. & sa. $6,60 $29 1.

CORRECTED TO NOON THURSDAY MAY 3, 1917.

Tel. address: Broker.

EXCHANGE.

T/T Demand...

SELLING.

2/454

2/4 11/16:

2/444

2/436

business, inclusive of miners, is occupied districts of Russia. If a Baron von Biesing, urged against pat at 28,000, or 8,000 more than new Customs tariff were to be the scheme the impossibility of for industrial purposes wall Share and General Brokers. in the preceding year.Exchange. introduced for Poland, or regula- carrying it out without exciting Japan's Trade Relations With tions for the tobacco trade pro- "higher military authority" which diplomatic complications, it was mulgated the decision altionstely Soon after the outbreak of the reated with Ladendorf.

objections and great war Viscount lahii, who New municipal authorities for ordered the echeme to be put into was then Ambassador to Paris, towns in the occupied districts effect. spproached the French Govern- were evolved from the civil Krupp, Thyssen, and other the subject of the pro-administration bareau attached great indestrial leaders of Ger posed extension. of the Franco-to the "Over-Command in the many go direct to Ludendorf for Japanese treaty to Indo-China, Eset," and the representatives of consultations and

to France, during the war, would directions become really encouraging only 30 dis. and the question bas since been American and Jewish societies regarding the production of if the trans-Atlantic freight rate 30 die. taken up by his successor. The coming to Germany, to arrange munitions and supplies, Herr could be reduced to something 4 m/s....... French Government, however, for opening communications with Thyssen brought from Ludendorf has not been inclined to scoede Polish Jews and their relatives in last autumn the word that thers like $10 per ton for the Atlantic T/T Shanghai... to Japan's proposal, the five Amerios and for sending relief would then be no "ruthless sub-parts, and about $12 per ton for T/T Singapore ... 10112 Chambera of Commerce in fands bad to confer with Luden- marine war," and it was again

the Mediterranean ports. The T/T Japan.... Indo-China objenting to the dorff before their plane were from the chateau at Pless, after rates in the case of coal imported Demand, India....... Nom.

prohibitive present

freight IT India extension thitter of the finally approved.

the rejection of Germany's peace from America are due not only to T/T San Francis- When Bindenburg gras appoint. overtures had changed the situs the lack of ships, but also to the Java treaty between Japan and France. According to the Eiban Trushin ed to the general command of Ger- tin, that word came in January well-known fact that it is difficals T/T Marks. Nom

co & New York 56 Sha, the Japanese merchants can-many's entire military strength that the "ruthless" submarine to obtain suitable bulky and T/T France. 3.24 1381 policy had received the stamp

4 m/s. L/C 4 m/s. D/P

2/4 15/16 Nom.

11034

... Nom.

3.2414

BUYING.

2/5 7/16 2/5 9/16 2/5 11/16 2/5 11/16

58

Nom 3.36

30 ds. San Franc 30. día. Sydney &Į Melbourne.....

isco New Yorkj

4 m/s. Marks

4 m/s. Francs - ******

6 m/s. France...... 341

of having their claims listened to scope of his military responsibili approval. by the French authorities, The ties, but also took control of these

because French exports consist It is an open secret that farm- principally of fine goods, fre News Agency adds:-They (the factors of general life which under ing classes are Japanese merchants) are of opin- the present war conditions are food supplies from the general in small bulk,

"holding up"quently of luzaries of high value ion that the attitude of the French almost as important to military stock for the nation's DFCBarities. Government is in glaring contrast success as the actual direction of Hindenborg's appeal to

There is practically no anthracite 6 m/s. L/C to that of the British Government armies, food-production, distribu-patriotism of the farmers to pro-thracite coul is at present received the coal produced in France, An which has long accorded us most tion, manufacturer, transportation. vide extra fata for munition from Wales, and would be a favoured nation treatment in His first decision was to remedy workers, which brought tons of desirable product from the United Indis. In view of all the heavy as far as possible the error of fork and lard from hidden sur States. The demand for and con- sacrifices Japan has willingly Falkenhayn and Wild von Hohen-pluses, was inspired by Laden somption of anthracite coal is not made in order to preserve the born, who had attempted to fix a dorff, and at the time of my de vary great. There is also a lack Demand, Germany.. pesce of the Orient and to protect figure for the maximum consump parture from Berlin it was in France of gea goal and of coke. Demand, New York 5674 the Eastern trade of the Entente tion of munitione, and sadly ported that the task of getting There would seem to be a future T/T Bombay m Powers, the French Government's under-estimated the required from the farmers the full amount for the sale of gas coal, the can. Demand, Bombay... Nom. insisteres on the continuance of a amounts,

of such supplies, in which snmption of which amounts to discretionary treatment of the His determination was to pro-Herr Batocki's Food Depart- several million tons per annum.

T/T Calcutta Japanses tradera in Iado-China duce not the amount of guns and ment, backed by all the authority

Demand, Calcutta... Nom. Demand, Manila... 11314 appears”, inexplicable.

If the munitions which the experts might of the civil administration, haa

Demand, Singapore, 10134 French authorities remain sayoslealate as necessary but the hitherto failed, will now be taken

On Haiphong

3% prom longer heedless of the jast olsime maximam amount of which Ger-in band by Ludendorff and en-

On Saigon size: 234% prem. of the Japanese business men, the many's industries were capable, formed by stringent military

Strenuous préparations are be On Bangkok ....................... 6434 relations between the two sad sabordinate everything else montures,

ing made to strengthen the de- Gold Leaf, per o 48

Sovereign ********** 8.50 Nom. countries will, in the opinion of to this purpose. Out of this came All these decisions and deter. fence of the const provinces, says Bar Silver, per oz. 377% certain publicists, be affected in Germany's grandiose scheme fex minations, of course, are covered the Peking Daily News." The amerious manner.-Kobe Herald. mobilising the entire labour by Hindenbarg's name And

Minister of the Navy has sub- supply in the direct servios of the authority, bot Hindenburg leaves mitted's proposal to the Cabinet army. The idea of the compulsory such non-military problema al Poisting out the proemity for the For a good solid meal a la employment of Belgian labour in most exclusively in the hands of struction of thirty sumarines Chinese 20 ota. ploces 514% dis Carte or Table d'Hote with German industry, it may now be Ludendorff, the man who is to replace the gauboats which Wnes & Liquors of the Best stated, was also Ludendorff's not far as that is possible, ALEXANDRA CAFE.

dictator of now, carrying out the eraising Hongkong 20 cts, places Bissing's or at any rate, when Germany.

Operations at various porte.

Hongkong 10

:::

Defence of Chias Coast

Provinces.

SIP

SUBSIDIARY COINS,

DISCOUNT, FKR $100.

hinese 2: 10.

par..

"NIGHT CARS,

852rx.

4 9 30 O

12.00 PM. every half hour, 11.00.30 11.453

every quarter of an hour. SUNDAYE

مادة 140

550 PK to 8.007.14

NIGHT CARS sa on Week Daye

SATURDAYS:

Extra Car at Midnight.

BPECIAL CARS

By Arrangement at the Company's Cove, Alexandra Bundings,.

Des Voeur Bok

Bosson sad punch Mckets staßable for sil Dare so wiready tall, ranging at the time slated In the Company's time tables, but not for special car, can be obtained on application at the Company's Office --Na Season ticket will he Farad until payment therefor hɛa beca made In Bank Notes or by Cheque or Compradore order refyrobenting Bank NotesTM

JOHN D. HUMPHRETS 4: CO.

THE CHINA' PROVIDENT LOAN AND MORTGAGE

CO., LTD..

(Capital Paid up.....SI 250,(OL)

Loss Mortgage of House Property, dv., Goods received an Storage. Advances mads on Merchandise. Loans made on the Provident System.

TRUSTEE EXECUTOR OF WILLS. ATTORNEY, &c. Undertaken and Executed,

Bates and Partica'ery on application) To the Cities of

SHEWAN, TOMES & CO.

General Manseera

MITSUBISHI GOSHI KWAISHA.

(MITSUBISHI CO.)

COAL DEPARTMENT.

SOLE PROPRIETORS OF TAKASIMA OCHI.. MUTASE, KISA- IPAKE, YOSHINOTARJ, HOJO, NAMA- ZUTA, SATO, KAWADA, SHIKNEW, KAMIYAMADA, BIBAT and DTUBAR Collieries.

Agents for SAKITO:GOAL,

HEAD OFFICE MARUNOUCHL.TOKYO. -· BRANCH OFFICES :—NAGASAKI MOJL ZARAISU. WAKAMATSU OTABU. MURORAN, BAKODATE, KOBE, OSAKA, KURE, TOKYO, YOKO HAMA,KAGOYA, TSURUGA, VLADL VOSTOCK HANKOW, PEKING, LONDON, NEW YORK. SHANGHAL RONGKONG, HAIPHONG and

CANTON

Cable Address :—"IWASAKI," Codes: Al, A.E..A. 5th Ed., West ern Union, and Bentley's.

- AGENCIES:- CHINKIANG-Messrs. GEAR- ING & CO., MANILA-Messrs. MACONDRAY & CO., SINGA- PORE-Mesare, BORNEO CO. LTD, GLASGOW-Messin, AR. BROWN, MCFARLANE & CO., LTD

For Particulara, apply tom

K. KATO, Manager, Jongkong, No. 2, Pedder Street,"

LA MARTIN'S

APIOL

ARTIN'S ́

BANKS

9

HONGKONG & SHANGFAI

BANKING

TION.

Paid-up Capital RESERVE FUNDS:

Sterling

£1,500,000 at 215

Silver

CORPORA

$15,000,008

****$15,000,000 ...$18,500,000

$33 510,000. Reserve Liability of

Proprietors *****$15,000,00O COURT OF DIRECTORS.

5. H: Dodwell, 51, intenteram, J. A. Planner, Bag, Deputy Chairman- Hot N., Antos,. 9. T. X, Zating Man Gablay, Eag. P.E. Balyoak E. 1. D. Pars, End, W. La Pattend, Chinman, bea. Mr. & Shellinne

OSTE MANAGED

Hong N. J. Zb.

MÄNAGER. Pe Sbangbein. G. AND, KES London Bas-London Opanty and

Wenner, Zimited,

Hoare-Interest Allowed i

On Current Accounts at the rare of 5 par sent,”

andum os the daily balance

ON FIXED DEPOSITS.

For month, Ji per ccze, par abreas FOR

6 months, par cent, per anaçım, For a month, $, par cest, per ASCHERA, ¡N. J. STABE.

Chief Manager:

HONGKONG SAVINGS BaîK.

THE Bainess of the above Bank is Condwet ky the HONGKONG AND SHANGHAI BINKING CORPORATION. Rules may be obtained or application! INTEREST on deposits is allowed out the sal+ Imman monthly balances at 139 per cours per dag.

Depositons may transfer, as their option, dalencse of $100 or more to the Hongkong and Shaghai Base to be placed on FIXED DEPOSIT #4 cent per safiam.

For the Hongkong and Shanghai Banking Compens

N. J. STABB,

Chief Manager.

THE CHARTERED BANK (F INDIA, AUSTRALIA AND CHINA

Incorporated by Royal Ubertar 1843,

HEAD OFFICE-LONDON.

Fald-up Capitalon conoscere

Baserve foods --

C.2,000.000 200

Reserve Liability of Zroprietor

FOREIGN EXCHANGE and General Banking

besineu transactad,

CURRENT ACCOUNTS opened and PEZKU DEPOSITS received for 1 year or sportar periods an atca which will be quoted on application.

T. CLOWNING,

Manager

Bongkong, 11th April, 1912-

THE MERCANTILE BANE (F INDIA LIMITED.

Head, Office 15, Gracechurch Street, London. Authorized Capita). Subscribed

Paid Up Rezerve Fund

****

BANKERB: The Bark of England,

£1,300,000 1,123,000 56230

601 200

The Loodon Joins Stock Back, Itained

Combay

Calcaria

BRANCHE

Karachi

Ko Bhare

L'olonco

Kuala Lump**

Delbi

Madras

Galle

Pening

Hangkorg

Rangoon

Howiad

Shanghai

Kandy

Singapore

Port Locis (Mauritius,)

HONGKONG BRANCH, Every description of Banking and ExchasseF business transacted.

Interest allowed on Current accoustu ats per com yur ancur on Dally Balances, and on Fixed Depon at rates which may be ascertained on application.

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING CORPORATION.

HEAD OFFICE:

99. Wall St., New York

LONDON OFFICE:

36, Bishopsgate, L

CAPITAL PAID UP

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

U.S. GOLD ...87,500,000

BRANCHES:-

BOMWAY. CALCUTTA CANTON CERU. COLOS HANKOW. HONGKONG

LONDON

MANILA

SANTO DOMINGO

SHANGHAI SINGAPORE

NEDELLIN TIENTSIN PANAMA YOKOHAMA

PEXING

SAN PCISCO

Through its close staliation with The Nasional City Bank of New York, the Bankis abis to cut m Services of the Branches of the Insulation in Cibe South America, and alessbars, 2018 from

BAHIA, BUENOS AIRES, GEROA, HAVANA MONTEVIDEO, RKO DX JANEIRO SANTIAGO DE CUBA, SANTOS, PAUL, FETHOGRAD VALPARAISO,

40

All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received at Les to be cartained no Application.

CFORCE. BOGG,

Manager.

Hongkong, 26th September, 1916,

...THE.,

YOKOHAMA SPECIE BANK,

LIMITED:

Established 1880. Authorised Capital Yen 48,000,000- Paid-up Capital 30,000,000 Reserve Fund Land 21,300,000 Head Office.-YOKOHAMA

Branch

Sow York