1917-06-15 — Page 9

THE HONGKONG TELEGRAPH, FRIDAY, JUNE 15.

GENERAL SHIPPING

SHIPPING NEWS.

the

די

Cost of Naval Defence.

1917.

HONGKONG SHARE REPORT.

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

OFFICIAL PRICES.

"`BANKS.

II.

n.

H. K. & S. Banks a. : $700 MARINE INSURANCES. Cantons

$942 North Chinas

t. 150 Unions

s & sa. $850 Yangtszes ‹ 1. ex 73 $200

FIRE INSURANCES. · China Fires b.

Mr. Edison's Submarine Detector. Saturday: On being charged, he One of the most important în« said: “I did not fail to proozed ventions Thomse A. Edison is at to ses in the ship at all. ĮS present endeavouring to perfect left the ship on the Monday pre- is a submarine detector, by which vious to the 8th. I didn't intend U boate can be detected by sound going back in her, and I sent a transmisezon from a long distance message to the caplain to that at ses. Mr. Elison considers effect with the other three men. that his work has not progressed Witness told him he know per: far enough yet for any details to fectly well he was on a running be made knows, but if his inven- agreement, and that it was the fion succeeds he has no doubt proper thing for him to give 24 that submarine defence will be hours' notioa. He replied yea, I revolutionised and the terror of know that. Witness received" the U besta ended at ona blow. O'Neill in custody from the Saa- Triton Company:" derland police this morning; his The Triton Steamship Company excuse was: I lost the last train H. K. Fires one of the smaller Dutch concerns, on Thursday night and I could'nt pays a dividend of 100 per cent, get a train on God Friday an increase of 60 per cent. as morning until 8 o'clock. When Douglases compared with the previous year. I got to Sath Shields the ship Steamboats Indos (Def.) This was due large's to the pro had gone. My bag and provi-Indos (Pref.) friable employment of the steamers sions were on board, D.vine Sheils Terschelling sud Texel in the told the bench that be hurt his Ferries trade with North and South ankle, and was unfit to go on the American porte, despite the fact vessel; it was not better yet. The that a certain amount of grain beach imposed a fine of £5 esob.- had to be curried for secount of ―Journal of Commerce, the Dutch Government at rates lower than those raling in the open market.

•

United States Seizure of German

Shipping.

Tientsin Shipping.

$5

In his report of the trade of Tientain for 1916, Mr. F. W.

BANKS.

BANK OF CANTON,

LIMITED,

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General Banking Business Transacted.

INTEREST ON FIXED DEPOSITS:

D.

$146 $327

SHIPPING.

58.

3.

8.

b. & sa. $86 $17.50 $108 $40 Já. 115/- Th $2914

For 3 Months 3% per annum.

For 6 Months 4% per annum.

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager.

"

REFINERIES.

Malabons

sa..

53.

$101 $90

MINING

Kailans Langkats Raubs

b.

33,-

Sa

t. 16

D.

$2,45

7.

20/9

1.

34-

Sugars

Tronohs Urais

DOCKS, WHARVES, GODOWNS, &C.

H. K. Wharves

Kowloon Docks 1.

$76 $120 £.90)

Shai Docks b.

LANDS, HOTELS AND BUILDINGS. Centrals H. K. Hotels Land Invest. H'phreys Est. Kloon Lands S'hai Lands West Points

1.

9.

$29 $100

b.

$98

sa.

$6,50

1.

$38

b.

b..

t. 80 $75

COTTON MILLS.

să,

sa

L. 15734

t. 1434

b. & sa. t. 128. b... MISCELLANEOUS.

Borneos

China Light & P.n.

Providents

b. Dairy Farms. IL Green Islands b. H. K. Electrics H. K. Ice Co., Ropes

BANQUE INDUSTRIELLE DE CHINE.

Capital (4 Paid up)...Franca $5,000,000

Presid-as

Andrá Berthelot

* General Manager A. J. Pernotta.

· HEAD OFFICE:

H

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

BANKERS.

In FRANCE: Société Générale pour favoriser le Développement än Com- mercs et de l'Industrie en France.

In LONDON: London County & West- IN minster Hank, Ltd. In ITALY: Banca Commerciale Italians.

Telegraphic Address: CHIBANKIND.

Interest i llowed on Current Accounts, and Fixed Deposita. Terms rn application. Every description of Barking and exchange business transacted.

M. ROUET DE JOURNEL.

Manager. HONGKONG BRANCH:

5. Queen's Building.

Tél. No. 2352 Hongkong, 14th May, 1917.

NOTICES.

NOTICE.

PEAK TRAMWAY CO

BANKS HONGKONG & SHANGHAI

BANKING CORPORA

TION. Paid-up Capital.........$15,000,000 RESERVE FUNDS:

Sterling

£1,500,000 x 27-

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

Reserve Liability of Proprietors...ocha

$33 500,000

$35,000,00 COURT OF DIRECTORS.

Hoa. H. Dadwell, balema..

J. A. Piper, a Deputy Chairngan Ban Mr. C.. Anton, G. T. K. Blkien En.

Gubber, Bag. Hon. 2. P. He Bao

E. V. D. PUT, Es. W. L. Pastendes, 119.→

• A. I. Compton, Ess

VELE MAKĀBEK

Hoop-N. 2. Stabb, Esq. .

Kiziska

Stengbak. G. Stapken, Esq. London Bankers-London County and

Westlawer, Limited.

Hooghong-Interest Allowed :

Os Carreas Accounts as the rate of I per cook anna co the LED DEPOSITS.

daily balance.

ON

Kor 3 months, 14 per ceat, per ablaki For 60 per cent, per aODIOL

For menses per orat per ALEGIA,

N. J. STABB,

Chief Managen

HONGKONG SAVINGS BANE

THE Basizess of the above Hank to condached brp the HONGKONG AND SHANGHAI BAKKING

CORPORATION Reles may be obtained or application INTEREST on deposita is allowed on the min Imum monthly balances at 3 per cent, per Basma

Depositors may transfer, at their option, balances of $100 or more to the Hoogkang and Shangha Bask to be placed on PEND DEPOSIT G sent per acum.

For the Hongkong and Stɛogkai Hashing Corpora ties.

"N. J. STABB,

Chief Manageri

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Incorporated by Royal Charter tags-

#BAD OFFICE-LONDON,

PAIDUP CAPITAL,DOR RESERVE FUND

RESERVE LIABILITY OF 2,000,000

PROPRIETORS

FOREIGN EXCHANGE and Seceral Based

business tracted. CURPENT ACCOUNTS opened and DEPOSITS received for 1 year or sueste periods.

appilation.

rates which will be quoted

T. C. DOWNING,

Manager

Hongkong, 11th April, 1912,

THE MERCANTILE BANK (P INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London. Authorised Capital .... Subscribed

t. 5.75

11.

$7 $4,50

$7,70

$23

$7,30

b. & sa. 49

$151

b.

$27

Π.

$10

$6,50

$9.10

200

cts. 90

EYER,15 MIN.

b.

$8,40

1.00 AM to

103) AX. 1200x

20 318.

14 MEN.

Comba

JK MIN

Falentta

n.

$18

116.

10 ML.

Colambo

145 x

15 M.

Delbi

b.

$6

165 PL 10

ZIP.M.

10 MIN.

Galle

$.

$6,50

LUG P.M.

15 MIN.

8,00 2.3.

JU MIN.

$29

Steel Foundries Trams, Low Levein. Trams, Peak, old n..

Ships for the Allies. ́¡left to chance. Ships are to be Duited States Government manufactured just as are automo- awarded to the Foundation | biles and other articles that are mpany of New York a control standardised, and in order to building an indefinite pom-carry out this plan the vessels wooden ships, "part of the will have straight sides and Ast which is to "bridge" the mose deck. The question of arming, crying food, mauition", and rap them is uncertain,” be replied. plies to our Allies, says the New “It is a matter for the Govers och Times of åpril 20 Temor ment to decide. I believe that jow more than 1,000 men will be they will be built capable of put to work building the plant mounting guns, but of that matter near the city, which, when it is I am not authorised to speak.” ronning at maximom espacity, The building of wooden ships will be able to turn put one ship capable of tearing the strain of ready for service every ten daya. rough weather on the Atlantic, and. The plant will occupy 55 acres, still be of sufficient sise to carry with 1,500 feet of water frontage. considerable cargo, is one that Everything has been in readiness has been the subject of dispute for some time for the signing of ameng shipping men, but the the contract, it is said; and the designers of the wooden craft are buildere, the material makere, and sure they will be able to do the transportation companies affective service. The plane bars have worked out a scheme of bren carefully gone over by the cojoperation. The result will be, Government architects, and are it is said, that the work will begin sa'd to meet the approval of as though at the firing of a start- Major Gen. Goethals. It is be ingun. The right of way on lieved, moreover, by those who ally railroads will be given to the are to build the fact that the msteriais peaded for the work. problem of building shipe large The land on which the plant ecough to make them economical will spring up was leased to the has been solved. This accomplish-

Mize, the Commissioner of Ohi Government and the Foundation. ment, il succreful, will open op

nese Maritime Customsat that port, Company for a nominal som by great resources in shipbuilding At a direct result of the United makes the following observations Joseph P. D., the real estate The standardisation of parte and States declaration of war againet under the heading of "Shipping": mar, of this city. The plact will the eimplification of construction Germany, the large set of Ger-The entries amounted to 831 be up and the ways ready for the will mean that the labour employ man steamers which were lying steamers, with an aggregate ton- laying of the keels of the first ten ed will not have to be as skilled in porte of the United States nage of 961,292 tops; and the ipa by the end of May. When as were the ship carpenters of were immediately interned. When clearances to 873 steamers, It is working at top speed 3,000 the olden days.

news was received concerning representing 957,149 tona, which men will be employed working "increased Dock Dues at Bristol. this fleet of steamers, it was felt gives a total shipping of 1,704 in day and night shift, Frank- The Bristol Corporation recently in certaio British shipping circles vessels, with a tonnage of 1,918, lin Remington, President of authorised the Dacks Committee that the United States Government 441 tous, as against 1982 vessels, the Company, said the plant to increase the dues on ships and might encounter a difficulty in with a tonnage of 2,233,403 tons, would be under the supervision goods by 5 per cent. to meet the finding a safficient number of for the previous year. Atrirala of the Government and under increased labourage charges due qual fied shipmasters and officers and departures ander every 83g Government guard. The first verBel will be the pattern for the to the recept advaree in dock to navigate them. The coaccil showed a decrease, which was workers' pay. It was mentioned of the Mercantile Marine Service most noticeable under the Chinese others, and this will take longer that some of the leading people Aeecciation thereapon got inte fag, because at the beginning Ewos in building than

rest. asing the decks instead of toccb with the Usited States Em of summer the Chinese Govern-Kung Yiks Sandardisation will be the secret Liverpool or other porta were bissy and placed at their disposal ment appropriated five of the Shai Cottons of speed in constraction, and the alarmed by the increases, partico. the servicea of the masters and regular coasting steamers of the Yangtszepoos place worked out by the Govern- 1.rly in rebocsing. They had cfficers, members of the asocia China Merchants Steam Navige- ment experts call for the sts been assured that the alvance tion, who were unemployed at the tion Company for use as military dardisation of every part of the was only temporary, and would moment.

The secretary of the transports carrying troops to the Vessel. While ten are under con- be reconsidered after the war.

association is now in receipt of a Such, and they were s beent from action on the ways man-

This was defuitely stated in the letter from the United States Em the port until towards the end of facturers in other parts of the Dock Committee's repcrt, and it basy, expressing appreciation of the year. Daring May the strike caatry will be tarning out picce was hoped this would meet the his kind offer to fornish a list of of the cfficers and engineers of after piece, all ready to be fitted

difically.

qualified shit masters and cfficers the China Coset Guild "caused s together just sa portable houses

of British birth who are willing to suspension for two weeks of Are now built. The pattern ship,

assist the United States, and stat British shipping using the port. according to present plane, will Considering the vast work they ing that "this has been referred The Blue Fannel lins in summer e ready to take the water within are engaged in. the comparativa to the Naval Attache of the suspended the sailing of their re- dinety days after the keel is laid cheapaece of natal defence is Embassy to be acted upon." The galas monthly eteamer direct from snd will be ready to take on cargo greatly to be wondered at, about a month and a balf later. learn, says the Nazy, that the secretary of the M.M.S.A. Tower England to Taka Bar, probably building. Water-street, Liver because there was insufficient While this is going on nine others war at present is costing early pool, will be pleased to register cargo ifiering, and because more will be approaching completion, seven million pounds a day, and the name of any unemployed remunerative

the keel of the eleventh laid of that, the cost of maintaining mastere and ficers who are will elsewhere. There was a great freights existed do the first leaves the ways. the Navy is less than one-twelfth, ing to serve under "Old Glory." lack of tonnage throughout the Mit onto rodel will be completed or £79,238 s day for the year.Journal of Commerce.

year for all European porte; and verdaya, according to This fact should be remembered,

Delaying Admiralty Vessels. allotments of cargo space were resent estimates, it means that as it is the Navy that makes it

Two of foar men who caused difficult to obtain. However, by the time the paisera ship is possible for this country to wage the deletion of an Admiralty during the first half of the year really for service nine othere will the war at all. According to the be almost ready to go into com- Auditor General's report on the chartered vessel on the 6th April especially there seemed to be mission. It was roughly estimated Navy Appropation Account for by failing to be on board at the more ships on the Trauspae fic by President Remington that the the year 1915-18, appears an item proper tirs were brought before trade than there was cargo Fer the South Shield bench recently, ing, so freights in some instance: nt of each veesel would be of £5,090, which bas been $350,000. Be anticipated no abandoned as irrecoverable, as it They were Wm. Devine and Thos. were lower than pre-war rates. trouble in getting either material represents public money in vessels O'Neil, sad the charge was one This resulted in much more car, o for construction or the engines. lost during the war; but of having failed to proceed to than usual being shipped for In the present pisat of the Foun£3,700 was in Treasury Dotes, ita in the vessel, Mr. Laccaster, America vis Japanese ports than dation Company are many carpen-ie nct to this extent a loss to the of Newcastle, whe prosecuted, by consting steamers to Shang-

explained that the vessel was bai for transhipment. tera, caulkers, and others capable Exchequer.

engaged in the Admiralty coast.' number of foreign passed. of shipbuilding, for the Company already maintains a shipbuilding

The appalling difficulty with ng trse ander six months, gera travelling by const steamere T/T Shanghai... plant in which it has constracted which the Admiralty is confronted articles. She was in the Tyne to and from the port decreased prior to the 7th inst, and in from 6,244 in 1915 to 3,053. This its own fleet of emall craft, The is meeting the enbmarine menace apite of orders to the contrary four, was due to the cheaper and faster wooden vessels will be of 3,000 will be apparent from reflection of the crew, including the two transport facilities fered by the rosa tone each and have a cargo upon the vast distances over defendants, left the vessel, and did railways to the South, and to ying capacity of about 5,000 which the enemy U-boats now not return, caneirg the vessel to meet this competition the steamer tone. They will be 290 feet long, operate, anys the Navy to hand. be detained for 8 considerable companies toward the end of the 48 feet beam, sad bare a draft of The submarine attacks merchant time. Lieat Sergt. Wilson said year lowered all their passage 217 feet. They will be equipped ships by indirect as well as direct he received Devine in custody. rates, both single and retare, by

with reciprocal engines and, it is methods. The laying of mines from the Sanderland police on 25 per cent, estimated, will have a speed of in frequented ocean routes is not iztad koots an hour, Weless perilous to our shipping than Kusve only just closed the con- the direct assault by guofite sal tot," asid President Remington, torpedo. Mizes have been laid and for that reason I cannot go at Colombo, of the Gulf of Aden into its terme. The Company is and around the Cape. Indeed, it not only going to build ships for is obvious that the mine-laying the Atlantic trade,but we are sleo submarine is now finding ita investigating facilities on the way into all the coeans, and Pacific Coast, for the Govern leaves its deadly burden br- *ment is 6guring on patting ap hind it in waters in which our fanother plant there. We have merchantmen travelled hitherto timber already for present needa in perfect security. The Admir and the railroads will bring inalty are developing their plans material just as fast as we need with great energy, and the Navy Mr. Remington was asked may be trusted to do its work whether green timber would le with its obaracteristic efficiency, ed in the construction, and he bat the process of crippling eplied that green timber cald world wide piracy necessarily remployed in shipbuilding. In takes time. We are confident connection it is figured that s the resources of the British sailor Hlion and a quarter feet of tim, sra fully equsi to the exigencies will be required for each of the new crisis, but thỏm who sayekhis will be sawed up on the | guide the fortunes of the Navy ̈hers great mills are to be must be left free to accomplish of the work,- "We are their task in the fulness of time. 'shead in the dark.” The pablie must be patient and Mr. Remington. "The mast give its whole-hearted con hays been very intelligently fidence and sympathy to the down to the very amal- Board of Admiralty and our ever- al, and nothing has been vigilant sesmen aflost.

We'

4

The "Range "of the U-Boat.

→

rams, Peak, new n.

Laundries

U. Waterboats

Watsons

Wm. Powells Morning Posts : n.

CORRECTED TO NOON FRIDAY JUNE 19, 1917, BENJAMIN & POTTS,

Share and General Brokers.

Princes Building

Tel. address: Broker.

EXCHANGE.

SELLING.

T/T

Demand

The

30 d/s. 60 d/8.

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 ideal beverage for summer months.

Stocked by all Wine and

and Spirit "Merchants

Hotels in the Colony.

H. RUTTONJEE

& SON.

Queen's Road Central.

2/534 2/5 7/16 2/5 9/16 2/5 11/16

21594- Nom.

T/T Singapore

***... 10416 11334 T/T Japan

Nom. T/T India Demand, India ... Nom. T/T San Francis-}

584 co & New York) T/T Java 1411⁄2 T/T Marks........... Nom. T/T Francs.......... 3.3346 Demand, Paris. 3.34

BUYING.

4 m/s. LIC....

4 m/s, D/P...

6 m/s. L/C

2/614 2/633 2/612

30 dis. Sydney & 2/6/2

Melbourne.......

30 da. Ban Franc-1

isco & New York

5932

Kom

3.4514 3.5034

4 m/s. Marks

4 m/s. Francs

6 m/s. France Demand, Germany Demand, New York. 584 TT Bombay. Demand, Bombay... Nom. T/T Calcutta..... —. -Demand, Calopita... Nom. Demand, Manila ... 1164 Demand, Singapore. 104 On Haiphong . H 34% prem On Saigon

314% prem On Bangkok ........ 627% Sovereign... 8.00- Nom. Gold Leaf, per oz... 47.40. TM Bar Silver, per oz. 331/16

SUBSIDIARY COINS,

DISCOUNT FER $100: Chinese20 ota; pieces 4.11⁄2 Kalá. Chinese 10

36%ding Hongk 20 cts. pieces! par Hongkong 10

LIMITED.

TIME TABLE

6.80

NIGHT CARS.

and 234 9.30 te

11.00 2.3. very half hour.

11.00 7.3. 20 31,452.

every quarter of a beur.

SUNDAYS:

J

1. A 1830 AM, to

Tên loại 1 1.00 1.3 to

to

10.30 AM. EVERY 15 M.

11.00 1200 Noon

100 7

JU MIN

15 MIN..

30 MIN.

-

10 M1.

15 MIN.

10 MIN.

4.00 to

130 7.3.

630.3

5.30 P.3L

6.3.3. 10 8.00 2.

XIGHT CARS as oz Week Daya.

KATURDAYS:

Extra Car at Worche

SPECIAL

CARS

By Arrangement at the Company's Of

Aleznirs Bulkings,

Des Voeux Bord

*Besson, and panch tichra available for all?

y not already full, minning et'the time stated In the Company's time tables, dat net for apeciál care, no be obtained on appilestion at the Company Of100 –No Sessun ticket wil be jammed tzif payzzemí thingster has been made in Bank Notes or by Cheque or Couspradzaj o order representing bank Notes

JOHN D. HUMPHREYS & CO. ;

THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.

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

Los en Mortgags of Honma Property, &n. Goods rostrados Storage.

Advanom made on Kerghandise. Loans saade on the Provident Bysłam,

TEUSTER, EKZCETOS OF WILLS. ATTORNEY, àn. Undertaken and Executed

(Latin and Particulars on

To tam Onior of Pication) SHEWAN, TOMES & CO,

General Manacore

MARTIN'S

APIOL &STEEL

RZEMPILLS

– Trench Bamady for stižerutalrittet,

Marseille in the house, so thick on the dat

saada vida di) Chandna KAMI JANAK DAll Ch pittendent has Tarid, so you free. Key MARKSON GMlet, SouthLapton, 226,

MARTIN'S

STER ALEXANDRA CAFE Chanot be Besten. If Equalled for Bread, Cakes, Confectionery and moels with Wines & Liquer.

Paid Up Reserve Fund

th

BANKERE The Bark of England"

£1,500,000

1,125,00

582.50

600 GOD

The Loodon Joint Stock Bank, Litude E BRANCHES -

Hongkong

Howrah

Kandr

-Port Louis (Mauritius.)

Karch

Kota Bhers

„Kozia Lamps

Madri

Peng

Rangoo

Singapore

HONGKONG BRANCH,

Peery description of Banking and Exchange, business transacted.

tatarest allowed as Current Accounts ats per cons per annum on Daily Balances, sad on Fired Depos at rate which may be sacertained on applicacion

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING

CORPORATION,

FEAD OFFICE:

53. Wall St., New York

LONDON OFFICE;

34, Bishopsgate, CAPITAL & SURPLUS US $6,500,068 UNDIVIDED PROFITS U8 $1,010,000 -

BOURAY CALCUTTA CANTON CEBU

COLON HANKOW

US. $7,318,000

BRANCHES :-

КОВ

KANTO DOMINGOS LONDON. SHANGHAI MANILA SINGAPORE MEDELLIN TIENTSIN PANAMA YCKONAMA.

PEKING.

HONGKONG "SAN FRANCISCO

Through its close affiliation with The-Nadi City Bank of New York, the Bank is able to of thi Services of the Branches of that tusitation in Cab South America and allowhere, and

BAHIA, EVENOS AIRES, GENCA, HAVANA MONTEVIDEO,

RIO DE JANEIRO SANTIAGO DE CUBA, FANTOS, PAUL, PETROGRAD VALPARAISO,

SAO

All kinds of FOREIGN & LOCAL BANKING BUSINESS acted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received at rules to be ascertained UN application.

GEORGE BOGG.

Мапират,

Hongkong. 26th September, 1916,

THE

JOKOHAMA SPECIE BANK, LIMITED,

Established 1880

Authorised Capital Yen 48.000.000

Paid-up Capital,

Reserve Fund.*****

30,000,000

21.300,000

Head Office-YOKOHAMA

Branches

Antung-Halen

Bombay Calmata Changchun

Herbin

لعامة

Log Ingilo

Agencies

New York

Chanch Pakby ‹ Brušti (Port

Sua Frensised