1917-05-23 — Page 9

THE HONGKONG TELEGRAPH, WEDNESDAY, MAY 23, 1917.

COMMERCIAL

•

NEWS

Indian War Loan. "

the

HONGKONG SHARE REPORT.

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

OFFICIAL PRICES.

BANKS.

મ

BANKS.

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

INTEREST ON FIXED DEPOSITS:

BANQUE INDUSTRIELLE DE (HINE.

Capital (14 Paid up)...Francs $5,000,000

President

André Berthelot General Manager A.J. Pernotte.

HEAD OFFICE:

74 Rue Saint. Lazare, PARIS BRANCHES in PEKING. SHANGHAI, TIENTSIN and HONGKONG.

BANKERS.

BANKS

HONGKONG & SHANGRAT

BANKING

TION.

Paid-up Capital

RESERVE FUNDS:

Sterling

CORPORA

$15,000,000

£1,500,000 at 27-

-$15,000,000 Silver $18,500,000

$33 500,0@

Reserve Liability of

Proprietors..$15,000,00 COURT OF DIRECTORS;

5. H: Dodwell, g. - bairras.

1. A. Frammer, Bas. Desert Chairsen. Han, Mr. C. & Anton, 6. T.Ma Ackius, Be C. Oshbay. Bag. Hoe. P. Becyout E. V. D. Parr, Esq. W. La Patranden, 5~ A. Complo: Ext

CHIEF KAKABER Bangor-N.~, Stubb, Esq.

MALACER

Shanghai G. Supbea, Aso London Banker London County Rad Fættusigster," Jämited

Hongkong-terest Allowed a

On Corrent Accounts at use rate of 7 per cană,

sonym on the daily balance,

ON FIXED DEPOSITS. "Jer 3 mouths, 24 per crit, per axRUM, For 6 months, 3 per cent, per ankom For is worthi, i per cent, per AZANIR N. J. STABB.

Chief Manage71

HONGKONG SAVINGS BANE

THE Basiest of the abuse Bank is conducted b the HONGKONG AND SHANGHAI BANKING CORPORATION. Rules may de odtaineć or application INTEREST on deposit is allowed on the mind 1mum monthly balances at $1 per cent, par km.

Depositors may transfer, at their option, balanERT of $100 or more to the Hongkong and Shangha Bank to be placed on 12XED DEPOSIT

crat. per anNASI.

tlon

For the Hongkong and Shanghai Banking Corpora

N. J. STABB,

$705

1410

$850

FOREIGN EXCHANGE and General Banking Business Transacted

D.

D

t. 150...

$870

ex 73 $217

FIRE INSURANCES.

#146

b.

For 3 Months 3% per annum.

$325

SHIPPING.

For 6 Months 4% per an am.

88.

333

$811 $17.50 $107

$40

b. b.

109/- $30

For 12 Months 41% per annum LOOK POON SHAN;.

Chief Manager.

REFINERIES.

11.

n.

$107 503

MINING

b. & sa. 32/6

t. 17

д.

D.

11.

$ 2,65 27/6

DOCKS, WHARVES, H. K. Wharves s.

GODOWNS, &C.

S'hai Docks Kowloon Docks

b. LANDS, HOTELS AND BUILDINGS

$79 $122

t. 94

Centrals H.K. Hotels Land Invest. H'phreys Est. Kloon Lands Shai Land's

п.

b.

A.

$99 $100 $97

SA.

П

36.40

$93

West Points

b... b.

t. 80

$75

COTTON MILLS,

b.

b.

t. 15) t. 14

b. & sa. t. 121 b. t. 5.80

MISCELLANEOUS

д.

$7.40

$4.50

立。

$8

62,

$28

58.

b.

D.

$7.80 $49 $151

$2814

Steel Foundries

11.

$10

$6.60

$9.80

1.00 £ to

100

EVERY 15 MIN.

100 AM 10

$3,40

10-

11.03 AX

LS MIN.

Bombay

$16

IL

M.

PEEX.

IS MEN

Calcaria

10 MIN.

Colombo

b.

$6.75

1.15 +244

1.45 2.3

15 31

Driti

2:5

10 MIX.

Galle

5.

$6,50

28x.to

LJ: 1:36.

13 M

Hongkong

$29

5.00 P.X.10

How

Kody

Export of Jurunese Rice. fbeat insulation is by arbestos. It is estimated that the con- Motor generators and dino rec-|

meeting: said: After two and a Up to Mirch 31 na beoriptions half years of war, so far from our tracts signed in Kobe for the ex-tifiers send currents at 70,000 to the Indian War Loan totalled industries having collapsed, they port of Japanese cleaned rice since volts to the wires. The dust settle a Rs. 6, 78, 34, 100, Of this are in a more flourishing ecadition the new ice made its appear-both on the tabe walls and on the amount Ei. 2, 95, 48, 300 (ex- than in any previous period suce amount in about 40,000 top wires; both are shaken by means clusive of Be, 1, 37, 850 sub- of for Britain and to about 10,000 of hammers. The very fine dust ecribed through the Post Office) as has been the progress in the our history; but greut topa for Russia, the principal collected, about 20 tons per day, stood to the credit of Bombay, manufacture of sailine colours exporters being Messrs. Suzaki &ntains up to 10 per cent. of Bengal coming next with Rs. 2, in this country, and credit. H. K. & S. Banks n. Co. and the Miteni Baraan Kaisha. K20 as sulprate, and is cold a 36. 18, 100. A rm that has able though it is to those engaged In addition, Messre. Banter & Co, fertiliser. The first unit bas been local representation, Hessrs. Tata in such manufacture, it might Cantons

MARINE INSURANCES. have recently contracted for the working since Jace, the others Sone & Co-, for themselves and anquestionably have been greater, North Chinas Bale of 1,500 tons of cleaned rice since July, 1916.

associa ed companies applied for in epite of the prior claim on

Unions 15 the Italian Government, With

no less than one hundred and many materials for the manuface Yangtszes regard to the export to Britain, it China's New Railways. eleven lakba. It is interesting to ture of explosives, had the course is said that the contract prices With the retera to Chins of note that, while the Home Gs been followed which the socredit-China Fires were in the neighbourhood of 253. Mr. William F. Carey, presidentvernment refused to assent to a ed representatives of practically H. K. Fires per ton, or about Y.18 per ton. of the Siem-Carey Railway propceal that the premium bond all the colour users in the United From consideration of the import Canal Company, work will soon system should be adopted to Kingdom and Ireland have tari France, has hitherto bought begin on the American railway attract small subscriptions to war insistently and persistently arged Steamboats

Douglases anhalled rice from this country, projects in China. Mr. Careylosus, the "Todisa Government upon the colour.making consoli-Indos (Del.) but she now demand cleaned rice. had been home to complete fiaan- has actually sanctioned & There are larger.ordera from both cial arrangements for carrying losa lottery.

wardation of all their interests in one Indos (Pref.) As this lottery is company, thus preventing over-Shells Europe and America than last out the construction of the being fresly advertised in Singa- lapping and gear, but the export trade is railway programme contracted pora papers it may be aseamed Instead of this, wehave seen three

waste of effort. Ferries greatly interfered with by the for with the Chinees Goven-that, st all events for the time each companies employing on the Sugars -ecarcity of tonnage.

meni. Ás A result of Mr. being, the law against lotteries same problema their Cerey's visit to

clav Malabons America, ia in abeyance in the Straits erest chemists,whose sativities by Chinese Cotton.

satisfactory arrangementa were Settlements. The weekly cotton market re made for an immedirte çam.

a co-operative arrangement would

Kailans Port of Messis. Spant and Co. for mencement of construction work,

have been spread over a wider Langkats Oriental Colton Spisalog Co. Feld of research. The reauli is Raubs May 17 states: The market dar- and it is expected that within An extraordinary general that at the present time two of Tronohs ing the past week has been somer-three months actual operations meeting of the Oriental Cotton the concerne are wasting money Urals what quiet in so far as the vo-will begin. On May 17, 1916, Spinning Co., Ltd., was held at ja rival advertisements anneano- lume of trading is concerned and the Siems Carey Co. signed's Shanghai last week. The secret ing their success in the mann factuatione, though within a contract with the Chinese ary having read the notice facture of certain colours which Darrow range, showed a consid-Government for the building convening Bably strong undertone, mostly of railways in Chine, and on Chairman said:-The object of sent the greatest difficulties. A: meeting, the were generally suppored to pre- dae to firm markete both op September 29 a detailed agreement this meeting is to confirm, if the same time we learn that a country and in Hankow where it was entered into. The Chiceee thought fit, the resolations passed private company in Carlisle, whose is reported that Japanese mer Government awarded the com- as extraordinary resolutions at only interest in and knowledge of chants are buying. Prices on the pauy 1,100 miles of railways the extraordinary general meeting dyes before the war was that of whole remain the same as last to construct, the routes to be held at these cffices on May 1; acere, eeeing its business faced week, cfarings being restricted decided after survey.“ For some 1917. The resolutions in quee withinin by its inability to obtain owing to poor arrivale.

The time various surveying parties, tion are the following. viz:-(1) the Continental dyes in the weather bas been favourable headed by expert railway eng That it is desirable to reconstruct use of which it had specialised, during the past week and general ineers, have been making a rethe company, and according determined to make each dyaa for rain has fallen, followed by clear connaissance of a route from ly that the company be wound itself, and it has entirely succeed.

eather, enabling the farmers to Chachow on the Hankow Canton up voluntarily, and that Edward ed; not only so, bat in oce colour Ewos make a good start with placting line, at the junction with the Andison Mackay, CA, of 3b of vital importance it has improved Kung Yiks operations. Speaking generally Pinghsiang Olliery road, to Peking Road, Shangbai, be and upon the best foreign make. S'hai Cottons there seems a good prospect of Packing, to Kweilin (the capital of he is hereby appointed liquidator These facte aurely are a pront Yangtszepoos cultivation being carried on on a Kwangei Province) and thence to for the purposes of such winding that there are no insuperable larger scale than the past season, the sea et Chiochow (or as it is up. (2) That the said liquidator difficulties ia osvering the whole

sometimes called Yancho,) be and be is hereby authorised field of colour production. With China Light & P. a.

Borneos Other parties have also to consent to the registration an unprecedented output of dyed Providents bean making

recon- of

a new company to naissance of another line from be

gooda, we cannot to-day in one Dairy Farms named The Chowkiakow, on the Tasks River Cotton Spinning and Weaving a lack of dyes. With the exception H. K. Electrics Oriental sense be said to be erffering from Green Islands in Honan Province, due west to Company, Limited, with a Memo of America, Great Britain is at H. K. Ice Co., Yanchang, on the Peking-Hankow randam and Articles of Associs the moment the only serious Ropes Railway, and thence south-westion which have already been producer of dyed textiles for to Nanyangpa and Siangyangfu, prepared with the privity and export, on the Han River in Hupeb Pro- approval of the directors of this prosperity of the

Trams, Low Level sa. s bounding Mining in Chian.

American Trams, Peak, old n. vince, thence up the Has River company. (3) That the draft people enables them to cɔnenme

Trams, Peak, new n. China has et cn foot plans to valley into Shensi Province to agreement Robmitted revolutionise ber mining indus the city of Hanchaogfo, close to meeting and expressed to be dration.

Laundries to this practically the whole of their pro-U. Waterboats n. try, sad will use the United States the Szechuan border.

It follows, therefore, Watsons Other made between this company and that pentral markets are bound to. Wm. Powells as her roodel, according to Chen parties have also reconnaitrad i liquidstor of the one part and take the limited range of coloure Morning Posts. Cho, Mine Commissioner of Chine, the country from Siangyang esat The Oriental Canton who is stopping at the Park warda to the Peking Hankowning and Weaving Co., Ltd., of porary advantage and profit, as it Spine we can fear, greatly to our tem- Avenue Hotel, reports the Now Kailway, with the object, if poe the .other York Times of April 11, and consible, of effecting a direct con- the same

and requires no expert knowledge to tinues-He has just arrived from section from Siangyang to theised,

is hereby author-sppreciate the fact that our gain BENJAMIN & POTTS, China to make an inspection of railway and thus providing a 185 of the Companies' Ordinance 50 ahadee as compared with sir

Section is great by having to handle, sy, Share and General Brokers, the mines and mining appliances borter roats to shipping from the (Hongkong) 1911 to enter into an or eight times that number. Bat

Princes Building- of this country. Commissioner Yangleze river and Hankow. No agreement with each new com immediately the war is over we Chen Cho, with the aid of the decision has yet been come to by pany (when incorporated) in the most be in a position to offer the Baresa of Mines at Washington, the contractors as to the routes to terms of the ssid draft, and to widest range of coloure; otherwise will make so exhaustive study be adopted, the surveyors re- carry the same into effect with our position will become most porte act yet having beeg com such (if any) modifications as be serious by placing a great volume pleted. It is expected that thinke expedient. These extra of our export trade in jeopardy.

Es present prices will no doubt preve an incentive to planting cotton in preference to other com- modities, and the outlook and size of this season's orop will no doubt to watched with more than ordic Bry interest by the markets both bere snd in Japan. Tone of of Market-Firm.

part, be

poredent

to.

the operations will first be ordinary resolutions were propos andertaken

On

the railwayed by Mr. H. E. Arnhold and destined to traverse the Han River seconded by Mr. W. S. Duvideon. valley, as evidence ao far avail- On being put to the meeting the able indicates that this line will resolations were confirmed and probably penetrate into the rich the meeting terminated.. and isolated provinced of Sze chuer. The British and Chinese corporation, which bolda

the

British Dye-Making Industry.

ין

and

the

Enemy Trading Act in Japan.

Osake, May 11-Mr. Oke, Chief of the Bureau et Com merce, spoke to the Chamber of Commerce here tc-lay and

b.

IL

CORRECTED TO NOON WEDNESDAY MAY 25, 1947,

Tel. address: Broker.

EXCHANGE.

SELLING.

TIT

2/156 Demand

2/4 11/16 30 d/B. ........................................... 2/434

2/4 15/16

60 d/8...........** U 2/17

4 m/s...nosena:

TT Shanghai.... T/T Singapore T/T 'Japan T/T India Demand, India

Nom.

1014

1104

Nom

Nom

co & New York)

5644

Nom.

13796 T/T Francs 3:24. Demand, Paris........3.2414

BUYING.

of the latest, mining machinery and safety appliances. Hie cons: try is planning to spend vast ms of money in the United "States for machinery, he says, and hed it not been for the war, most of this money would have gone to Germany, as Germany had already made big outlays toward the control of the mining indus try of China. Chen Cho, with his secretary, Chen Yang, after a contract for the Pakow.Sinyang Referring to the opicion held elucidated the Enemy Trading few weeks in the Eaes, will in railway, har, sccording to its by some at the outbreak of war Aat recently promulgated in T/T San Francis-1 spect the principal mines in this agreement, the right to build any colooza miny British industries Japanese Government is compil- T/T J278

that without a supply of foreign Japso. He anocanced that the country on his way to the Pacific extension frem Sinyang. Arrange- Coast. The amount of money ments will therefore have to be would speedily collapas, the ing a Black List which will be T/T Marks... that Chins will spend here and made with the British organisation chairman of the Bradford Dyer's ined after consulation with the the extent to which she will before a line can be built west Association, L., at the annual British Government. Americanise her raines will dewards from Binyang. Should it "pend to a great extent on her ba

effect impossible to Commissioner's report.

arrangement with the British, Potash From Cement Mill Dust. the American company will Success, Bays Engineering, has then seek another connection attended the effort on a com- with the Peking-Hankow mercial scale, made in the United Railway if it is decided not to States, to recover potash from continus with the line from Yan- Cementmill dastand the operations chang to Siangyang. For the have profiled on the whole by the purpose of quick connection with improved methoda introduced at Ezechuen thie section of the pro- the same time. There are five posed line is not advantageous, Kiles, two small and three large though it will itself serve, s rich ger, and the dust" treaters" are agricultural region, and con- in four separate units. The hot sequently steps will be taken gas and dust from the tiles are to look over a feasible route from cked through steel tubes, while Siangyang towards Bankow. le one axial wires form the As this line tends to be one of the mont

alhotrodes for the precipitation. come

an

a vha four trestere are erected in a important in China, il a pamage acoal home, practically a steel between the head waters of the baikhing the steel and tubes being Han River and the head waters Parthed. There are altogether 800 of the Kislingking in Esechuen abos, 151 ft, high, lft. diameter, province can be made, it is pos olted below and above the steel wibls that construction work will

ster; the axial wire, landed be first undertaken to connect the low, are suspended from wooden Peking-Hankow with Siangysog, road; the insulatore consist of and now that Mr. Carey has nian marble, the only ma returned setion cassoon be looked

hich has answered. The for-Chind PrezÉ.

WHEN YOU REVIEW THE SITUATION

on the market for beer, of course you will settle on PRIMO because it has been tried, proved and endorsed by all lovers of wholesome beer. An idea beverage

for summer months.

Stocked by all Wine and Spirit Merchants, and Hotels In the Colony."

H. RUTTONJEE

& SON.

16, Queen's Road Central.

& m/s. L/C.................... 2/5 7/16 ...

2/5 9/16 4 m/s. D/P... 6 m/s. L/C ........ 2/5 11/16 |30 d/s. Sydney &ļ

2/5 11/16 Melbourne..... 30 dfs. San Franc-1

58. isco New York) 4 m/s. Marks

Nom. 4 m/s. Francs 3.36 6 m/s Francs

****** 3rkl Demand, Germany.. Demand, New York. 167% TIT Bombay Demand, Bumbay... Nom. T/T Calcutta......... Demand, Calcutta... Nom. Demand, Manila 11314 Demand, Singapore. 10111⁄2 On Haiphong

314% prem On Baigonitasemeņu

314%

prem, On Bangkok ........ 6414 Bovetelga

30 Nom Gold Lõsf, per oz... 43.20 Bar Silver, për as........ 8731⁄2-

SUBSIDIARY COINS.

lo FRANCE: Société Générale pour favoriser le Développement du Com- meres et de l'Industris en France. In LONDON: London County & West.

minster Bank, Ltd.

In ITALY: Banca Commerciale Italiana.

Telegraphic Address: CHIBANKIND.

Interest allowed on Current Accents and Fixed Deposits. Terman application. Every description of Basking and exchange basiness transacted.

M. ROUET DE JOURNEL,

Manager.

HONGKONG BRANCH:

Tel No. 2352

5. Queen's Bullding.

Hongkong, 14th May, 1917.

NOTICES.

NOTICE

PEAK TRAMWAY CO.

18.00 A

LIMITED.

TIME TABLE

JUA.X

1.15.

NIGHT CALE

2.607.M. ALI 9 xx 930 to 1500 mặt every tail hour. 1300 pas tu 21. jú pok avery quater of an hour, SUNDAYS:

7.00 M $40 AM to 2000 to 1130AM 12 1850 Koon to 140 M. 20 *4.30.

DDEN TO CIP.M. 12

103) A.M.

Lin.. 15: Noom

8.34

Walt.th

6.30 1.2L

5.00 2.3.

EVERT 15 Mrs. 10 MIN.

13 DIS

IS M

MIN

NIGHT CAUä as on Weck Daja

BATURDAYS:

Bats Cara Ndught

SPECIAL CARS

By Arrangement at the Company'ı Office,

diazanies Bulidings.

Des Voeux lon

Chief Manageri

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Incorporated by Royal Cantar

*EAD OFFICES-LOUDON PAIDER CAPITAL

RESERTE FUND.

£100.00

RESERYS LIABILITY OF 900,00

PROPRIETORS

FOREIGN EXCHANGE and General Banking

basinets ansacted. CURRENT ACCOUNTS opened and IZR DEPOSIT& received for 1 year or sorter perioda, al estes which will be noted an application.

T. C. I OWNING, "

Madage Hongkong, 11th April, 1912

THE MERCANTILE PANK OF INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London.

Authorised Capital

Subscribed

Paid Up

Reserve Fund'

ZANKFRE

£1,300,000

1,125,000

562.3/0

800 000

The Bark of England The Lordse foies Stock Bank, Limbs.

BRANCHE D

Karach!

Fort Louis (Mauritius.)

Kota Bharo Kuala Lump

Madras

Pening

Xangoon

Jhanghal

Singapore

FONGKONG BRANCH,

Every description of Busting and Exchange buslaca transacted.

Intare allowed on Current Accossat per cons per annum on Daily Balances, and os Fixed Depos st rates which may be ascertained on application.

C. CHAMPKIN,

Aoting ManagTOT,

י,

INTERNATIONAL” BANKING.

CORPORATION.

HEAD OFFICE:

55 W St, New York

LONDON OFFICE::

34, Bishopsgate,X.C

CAPITAL & BURPLUS: US $6,500,000

Besos and punch ackers available for N. UNDIVIDED PROFITS US. $1,010,600

exes not skready fill, running at the true stažaď in the Company's time tabios, but not for spiertal para, own be obtained on application xt, the Company's 04280-Nu Sewon ticket will be ined wand paymenu therefor has been nude in Bank Notes or by Cheque or Compradore

·Orðar reprámazing Bank Neces

JOHN D, HUMPHREYS & CO.

THE CHINA PROVIDENT LOAN AND MORTGAGE CO. LTD.

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

Lowes en Mortgage of Houm Property, dim; Goode reprised of StoragO. Advances made on Merchandise. Louny evaða qn the Irovident System.

TRUSTER ZACUTOR OF WILLS, ATTORNEY, Bn. Undertakes and Executad

Gates and Particulars co

To the Office Patice) SHEWAN, TOMES & CO. General Managare

M>MARTIN'S

Marsters brilla ie the homes, de kust on the Rest

MARTIN'

DISCOUNT: PER $100; Chinese...20 ota. pieces 614% dia. | For a good solid meal a la Chinese...10

67% dis. Carte or Table d'Hote with Hongkong 20 ota: pieces par.

Wine & Liquors of the Best Hongkong 10

ALEXANDRA CAFE,

BOMBAY CANTON CEBU. COLO

CALCUTTA

BANKOW

·UT.S. $7,510,000

BRANCHES :--

KOBE SANTO DOMINGO LONDON SHANGHAI MANILA

BINGAPORE

MEDELLIN TIFITIN PANAMA

PERING.

YOKOHAMA

HONGKONG SAN FRANCISCO

Through its close afiliation with The Natoes City Bank of New York, the Bank is able to offer the Services of the Branches of that Institution la Cabe South Americ, and dishmre, namely — 4

BARIA, BUENOS AIRES, GENOL, ZAVAZA. MONTEVIDEO, RIO

DE JANEIRO 1 SANTIAGO DE CUBA KANTOS,, PAULO, PETBOGEAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINEES shaacted.

CURRENT ACCOUNTS opsed and FÍXED DEPOSITS received at rates to be aspertained on application.

GEORGE HOGO, Manage

Hongkong, 26th September, 1816,

THE

VOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

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

BALD

30,000,000

21,300,000

Head Office.-YOKOHAMA.

Branches Aptung-Hsian

Bow bey Calcutia

Hankow

sad

IHT ONO, Maraner,

kong, 12th March, 1917