1917-06-20 — Page 9

Cotion.

COMMERCIAL

NEWS.

The Shanghai Ma

It has rained this"

Yarn.

WAD

|

HONGKONG SHARE REPORT.

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

OFFICIAL PRICES.

BANKS. H-K. & S. Banks s. $700 MARINE INSURANCES. Cantons North Chinas Unions Yanytazes

China Firas. b.

FIRE INSURANCES. H. K. Fires

Douglases Steamboats

OFRUA

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.

$542} t: 150 $860

I...

ex 73 $130

$143. $325

SHIPPING.

For 6 Months 4% per antum.

sa.

$86

庭

$17,50

Lados (Def.) Indos (Pref.) shells Ferries

Sugars

$104

$10

For 12 Months 41% per annum LOOK POON SHAN;

118/

$2912

REFINERIES.

10

Malabons

b.

$29

MINING

DE CHINE.

b.

33/6

b

t. 151

Capital ( Paid up)...Franca 45,000,000

President

André Berthelot General Manager A. J. Fernotte.

2.

- $2,45

1.

26/9 $5

Kailans Langkats Raubs Tronohs

"DOCKS, WHARVES,

GODOWNS, &C.

Urais

H. K. Wharves

$75 Kowloon Docks b.

$117 Shai Docks

58 1.92) LANDS, HOTELS AND BUILDINGS, H. K. Hotels Centrals Land Invest. H'phreys Est.. s Kloon Lands S'hat Lands West Points

· Marine Insurance Rates Reised,

great inflex of gold both on little sech of (coal cotros The Japanese Government Bac

says sccount of exporta," and a sudden now let you dislers are bögin, again raised the premfuntcharged the commercial correspondeat of increase in the transfer of gold. ning to watch the weather and to under the War Marine Insurance the N. C. Daily Nere, of the 9th | build broad. At the end of July saat su estimating sys in the Compensation Law law which inst, and although rain" is not 1914, or just before the outbraak direction of the end of the summer maken the Treasury responsible particularly good for piece goods of the war, Japan's gold specie when the new crop comes in. The for 30 per cent. of soy deliveries it is good for Chins, mounted ta ¥353,000,000, (market in steady but quiet and claime legitimately

made both agriculturally and politically.| Y253,000,000 being held at home some business is rer orted to here in accordance with its pro- Although China political affairs, and Y220,000,000 abroad. Over beek dons is the Ningpo staple visions. The advance is said to notably north of the Yangtens these. Kigures the latest returns at a high sa Tis 33 Nominally, be due to the increased danger River, are in a muddied state,show an increase of 170,000, Shanghai and Tagohow cotton from German submarines. No the country itself is as Try as the 000 in the portion held at home in beld at Tis. 34. Cotton is going thing further is heard of the pro- proverbial bons, and crops, like and of Y337.000.000 in, that held sky high in the Home marketa posed revision or rapersession of the season (this year has so extra abroad, or Y507,000,000 in the lad The Washington Bateau this law, though it is understood month of February thrown in the total; in other words Japan's report for Jane, shows aarop à Bill for the purpose will be Chinese calendar) are a month gold specie baa increased by 150 estimate of 69.6 per cent, sa.com introduced in the forthcoming behind. Spring wheat is hardly Fer cent. Since the war started." pared with a 10-year average of extraordinary session of the Dies, above ground north of the river 79.8 per cent, and the issuance maya the Japon Chronicle. and lest" antumn'e" planting is

Plece. Goods. sof the unfavourable-report it the

The Port of Lungkow. soraggly to a degres. The catlook, nd of May sent cotton up the The Commissioner of Customs unless raina become general Shanghai markets early in the There was little doing in the ladder, New York quotes as high at Lungkow, in his report of the throughout the country, is not a week except for the speculativa as 22.95 cents, presumably for trade of the part for 1916, the bright one, for continued droughts operations of wily Japanese who October. Liverpool quotes July first complete year since Longkow mean poor crops and poor crops ware, buoying up stuff in anticipa

4.558, and October (new crop) was opened to trade draws mean poor business.-- ar 13'864.. sccording to Mesars, attention to the prospects of ex-

tion of Fomething. Piece goods Tats's report their Liverpool paosion. The geographical

were in little demand at the Two #genta wiring Latenies poition of Lungkow makes it the

earlier auctions, but in the latter Excepting för be fact that part of the week the rain came buyers, conaldering price only, nafarel door, for commerce be Japanese agents are bolstering with a heartening eff-ol, for your sold heavily fately; now getting twden Shantung and Manchuris, ap the market by offering high merchant knows that Chinese ightened by the statistical In his opinion it was necessary prices for Icual spinnings, for soldiers and politicians bare a trength."

for some enterprising merchants rear ons best known to themselves, dislike for operations in the rain, The American Custams Duties

from the south to settle at the Iceal market is quiet. Some and while prices bad dealined at Afalready mentioned, despat Lengkow before much direct local Chinese mills have stepped Kang-ping's and Exo's auctions. shes to the Arahi a few days ago trade could bo opened work because of high priced on Tassday and Wednesday, reported that the U.S. Senate op with other parts of China Acatlon, and the Japanese perhaps things were noticeable, improved Committee bad decided against regular service by the Chica for-seeing a posible shortage, at the Yuenfong anc'ion on the proposal for increasing the Merchants' eteamers would go are paying high prices for 16s. Thursday. The Customs duties by 10 per cent. doubt have a stimulating effect, and 208., parabating some 14,000 auction market is often referred piece coods fall round sad for imposing a new Among the factore retarding the bales this week and 10,000 last to as a sort of barometer, sad daty of 10 per cent, on tes. These growth of the port was the absence week, according to reports are now contradicted by of necessary capital and the fact Otherwise there is a demand. As relation between rain and piece reports. there seems to be some vague vipes received by the Foreign that junk trade from Langkow for Indian yarns the market infirm, goods and politics. Whether this Office and by the Aschi. A Japan- did not enjoy the same privileges bat there is no business to re- is so or not, piece goode people Feficial despatch says that on as at Ubafoo. In regard to direct port Importers are holding seem to think that China will May 31 the Financial Committee shipments to foreign countrise, for beter rates in view of the work herself out of the present at the Senate decided to secure that would only be possible to strength in cotton and the firm crisis, as she generally macages dadditional revenue of $840,000 any extent when foreign firms nees of the Bombay market to in some way, and that the pre Tromlexcise duty, and accordingly eestled in Langkow and the Broseb cotton has farther advane sent conferences will resul: in a to impose an excise duty of 5 necessary Lanking facilities were ed to Rs. 487 and Bengal cotton smoothing. pente per lb. on tea, 3 cents on available.

of.. the to Rs. 360.

rod scfled, † cent of sugar and 3 cents

waters, before anything serious Increased American Trade. on eccos. The latest Washington

in the way, of turmoil, bas According to the report just deepsch to the Aschi says that issued by the department of

happened.-Kacgping's sale on the Senats Committee resolved commeroe

Tuesday was cae of the emillest at Washington, There is still no appreciable to eroine the provision for America's foreign trade in March improvement in the situation re-time, 170 packages, and mert pat ap by that house for some introducing ап all-round showed an increase over that garding the congestion of export week's offerings will be even less. facress of 10 per cent on of February of $158,000,000, cargo in Kobe and Osaks, Accord What was done was by specula he existing Customs dutize, sad and is second in volume toing to the latest investigations, tore mostly. Blacks and Fancies aleb to impose an import duty or only one other month dar- the congestionin the two parte now were down a mace on the average 3nts per lb. on tos, 2 cents on ing the war. The total ex- totals 185,600 tons. The share of all through, sad. staples were focffee, and of 3 cante on 00008, ports for the nine months Kobe is 105,776 tone, 55,545 tone barely steady. Clearances were and also an excise duty of half a ending with March, amounted being destired for North America, somewhat better than last week, cent on eagar. It will be seent: $4,634,893:518, and exceeded 17,698 tons for Bombay, 15,165 in spite of the weather. At the that these two reports are rather that of the same nine months tons for Londen. Liverpool, Ewo sale the usual quantity was contradictory, bat agree on the of the previous year by $1,640, and Marseilles, 790 100 for sald with prices a trials lower all paint that the Senate Committee 000,000. The total exportation of Hongkong and Singapore, 7,019 round. At the Yuenfong esle the baedecided to establish an impost food stuffe in all forme for the tone for Calcutta and Rangoon, market was uncommonly steady of 5 cents per lb. on tes. It will nine months was 2867.000.000, and 710 tons for Shanghai and and with a generally stronger be remembered that the Customs as compared with $713,000,000 Eskow. The goods awaiting tone. There was less evidence Bill approved and sent up to the for the same period of the preced-hipment in Oska cmost loof Binate by the House or Repreing year. The great increase 79 900 tons, of which 1,500 tone was keen and almost spirt nervousnées, and bidding sentatives provided for an import was in crude materials for use are for Bombay, 10,000 tons fered. The river ports were the beet duty of only 2 cesta a lb. on tea: in manufacturing, partially Calcutta, 2.500 tons for Shanghai bayers; other districts were in to

Japan Chronicle

manufactured goods, and man- and Hankow, 6,700 tone for an extent, and that is about sil afactured articles, which was Hongkong, the South Sear, sad Same 600 packages were sold. $1,492,000,000. From these Apstralis, 33,000 tone for North There has been a fair and steady figures, it is evident that in spite Americs, 28,500 for Europe, and demand from Korea lately t of theenbmarine campaign Ameri- 700 tona for South America. can manufacturers are delivering

advancing prices, and to mention more gooda than ever. The ex-

Japan's Gold Reserve. Kores brings out a. noteworthy porte to Great Britain exceeded issued by the Department of Japanese mills have been over- According to the latest returns feature of the week. Evidently the as of the preceding nina Finence, Japan's reserve of gold selling, and Korea is badly in T/T months by $500,000,000, to specie on the 2ad ip-tent totalled need of goods that cannot be France by $311 000,000, Bassia Y860,000,000, Y3C3,000,000 supplied from Japan, for the

ality and do not compare well Britain of the necessity

of

Export Cargo la Kobe and Osaka.

5

Hankow Tes. Since the last report Keemone bave been coming in freely. Over 100,000 half chesia bave arrived, and the crop will probably not exceed 105,000 balf-chests. De- mand was quist but business was ely general each day mostly of bourse for Russia with a rather no certain quantity for America. Prices ranged from Tle. 58 for by $278,000,000, and to Italy by being held at home and Y557,- Japanese bave Leen buying back the crack head chop "Biz-Gar" to $56,000,000. The increase in 000,000 sbroad. Compared with cargo sold a month ago for Tia 31 for the last packe. All later export to South America daring the figures for May 23rd last, this Augast delivery and paying a backe were rather dasty sad the same time was $37,000.04 0.shows so it crease of Y56,000,000 profit of from one to two ren per he head packs, awe antici- More Dollar Securities Required. in the portion held at home but piece. Some dealers have made

ted, stood out from anything Although it is probable that 1. Stocks aro practically the Government of the United abroad. or

a decrease of T34,000,000 in that profits of five figures without see. Inished. Ningchows, Moninga, States

80 increase of will

ing or even paying for any cargo, make each c. These are of only average arrangements as will relieve Gress 22,000,000 in the aggregate.rather a pleasing eort of basi

The considerable incresse ness to be forced on one. Grey * Koemans.

at home with Demand has depositing collateral secarity, to decrease abroad is a new feature being tought back for export to B marked jeans and 12 lb. ebirting are cen slow and stocks are large cover father loans in America,worthy of note, bespeaking Korea. Dept lead pack Mankonge it would appear that that cannot Thich are fairly well picked over.be done just yet, for the Treasury Prices ranged from the Crack has issued a further list of about Fingobow "Kee Hing" at Tle. 50 400 stocks which it requires The 27 for a well known British holders to sell to it. The Bukiang Pack; & few small ficial notice applica Regulation atcels of choice Emperor Ning- 70 of the Defence of the Bealm how cargo realised up to Tla. regulations to the securities, Hankow TessAfter an bat nobody need trnable Imoat record delay the market

mach TALY

about the at last opened on terms of 7c, ss it only puts the 2005 with

a Young demand in legal form. Those Low Taog at Tis. 26 and some who must see its provisions how. 0.000 balf chests of these and ver, will find them in the fourth fadar leas have been settled at Supplement to the Gazette of 3925 to Tia. 26. Shantame, too, the 23rd January last,

born dealt in for America at securities requisitioned are nearly (By 224 cents gold) debentares of preferred stock, ying for Bussis has not yets great many being the securities Some general, and it is difficul: of minor railway companies or fotoset what is likely to net-light, heat, and pows undertak tacles things, both political

nge. Argentine Government Roanoial, become more rettled Treasury bonds, telephone and as country. At the moment telegraph capital stock, American of the largest Russian firm Tobacco bonde, American Wooll kirakow bas -not bought s

en preferred stock, and later- Kage Transport, is a moet

national Barvester preferred and difficulty, and

de that ten is held up in

The

it je dummon Mock, however, are also in the schedule, which, as will be seen, is quite remarkable in its

-anchester Guardian.

ok and other places, to de of millions sterling.

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.

and

Stocked by aụ Wine and

Spirit Merchants

Hotels in the Colony,

H. RUTTONJEE

& SON,

16,5Queen's Road Central.

Chief Manager.

BANQUE INDUSTRIELLE

HEAD OFFICE:

74 Eue Saint Lazar, PARIS BRANCHES PEKING, SHANGHAI, TIENTSIN and HONGKONG,

BANKERS.

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

minster Bank, Lid.

In ITALY: Banca Commerciale Italiana.

Telegraphic Address: CHIBANKIND.

Interest allowed on Current Accounta and Fixed Deposits. Termin application. Every description of Banking and Exchange business transacted..

M. ROUET DE JOURNEL,

Manager.

HONGKONG BRANCH:

Tel. No. 2352

5. Queen's Building.

Hongkong, 14th May, 1917.

S.

8.

b.

$99 $99 $98 $6,80

n

b.

b.

t80 $75

COTTON MILLS.

Ewos Kung Yiks S'hai Cottons Yangtazepoos

IL

+, 1573

t. 145

2.

n.

t. 198

t. 8,69

MISCELLANEOUS.

I

$7

$1,50

D.

$7.70

До

$25.

$7,60

b.

$48

Д

$151

1.

$27

n

$10 $6,50

1.00

$9,10 cts. 90

15.00

$8,40

$18

ង.

8.

$6 $6.50 $29

|

Borneos Providents China Light & P.. Dairy Farms Green Islands H.K. Electrics H.K. Ice Co., Ropes

Steel Foundries Trams, Peak, old n. Trams, Low Level sa. Trams, Peak, new n

b.

Laundries U. Waterboats n. Wan Powells Watsons

Morning Posts n.

CORRECTED TO BOON WEDNESDAY

JUNE 20, 1917, BENJAMIN & POTTS, Share and General Brokers;

Princes Building.

Tel. address: Broker.

EXCHANGE.

SELLING.

Demand

4 m/8.........

2/574 2/5 15/16 2/6 1/16 2/6 3/16

2/64

Nom. ****** 106

11534 Nom.

30 dia. 60 djs. TT Shanghai.... T/T Singapore TE Japan. T/T India Demand, India.... Nom T/T San Francis-Į

591⁄44 co & New York T/T Marks... Nom T/T Java............... 14214

T/T France............ 3.4014 Demand, Paris...... 3.41

BUYING.

4 m/s. L/C........... 2/634 4 m/s D/P.

2/67%

6 m/s 10... 217 30 ds. Sydney &)

217 Melbourne.....

30.d/s. San Frang-

isco & New York/

· 4 m/s. Marks

6014

Nom

4 m/s. Francs .............. 3.5214

6 mis. Francs

3.5714

Demand, Germany.. Demand, New York. 594 TIL Bombay ......... Demand, Bombay... Nom. TIT Calcutta......... Demand, Calcutta... Nom. Demand, Manila -11814 Demand, Singapore, 106 On Haiphong......... 4% prem On Baigon ..................

334% prem On Bangkok... 6174 Sovereign

79,1 Nom Gold Leaf, per oz. 4730- Bar Silver, per oz.... 391

SUBSIDIARY COINS.

DISCOUNT. PER $100) Chinese...20 cta. pieces :4.1⁄44 %dir. Chinese... 10

4.4.4 %dir. Hongkong 20 cta, pieces Hongkong 10

par,

NOTICES.

NOTICE.

PEAK TRAMWAY CO

LIMITED.

TIME. TABLE.

bo

100M 30.00 AM to 11.00 he

1.00 M. DO

13.30 AM, to 166623. In 1.15 P. DO LOF.M. B-16x to

"Libr.

£15 NUM.

LOUZ.

⚫ F.M.

MIGHT CARS.

EVERY 15 MIN

15 MIN.

•

10 MIN.

* 15 ALIN.

20 MIN.

10 MIN.

1.30 P.- sad y 1.x. 13 to

12.00 1.3 every half hour.

12.00 1.34 to 11:15.2. Every quarter of an hour. BUNDAYS:

LEC AUX CO 19.30 A3 to ILM 4.2.19

LPL to

6.09 PM. to

14.30 AM IN A.. 3200 Noon

100 3.90 P.M

5.00 ..

6.8) F..

EVERY 15 MIX.

FU MIN..

15

NIGHT CARS aa on Week Daya.

SATURDAYS:

Exirs Car at 3 sünight. SPECIAL CARS

By Arrangement at the Company's Office, Alexandra Paßdioca

De Young Houd

**Besano and panes sexet artRatin" for all sure not already bill ranging at the

t

In the Company's te tables, but BOR SOU Lesen, ona be inbrained on application aử the | Company's Offen:-No Souson teker will be y

Afund witt) pay sowat dierefor lima beez uada In Bank Notes m by Chegue, or Compradoza order representing Hank Nolen, T

JOHN D. HUMPHRETE & CO. ~

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

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

Loada en Mortgage of Houm Property, da Goda rosived on Bloraga ! ÄÄTRISONE KANđa a Merchandisa. Loans made on the Provident Bystem.

TRUSTEE, FIECUTOR OF WILLS, S ATTORNEY, de. Undertakoa and Precníed. Cat and Parentage on application)

To the Case of”

SHEWAN, TOMES & CO.,

General Manavere.

MARTIN'S

PAPIOL&STELL

* Freak Kanady for all luradoSourŠkken. Trendi Xx Ladies six wys kong a' has st Sometags Fila la fin konen suŠINION LIN AUG

How volk, All Gremiste and MGATES WILL LAMAN swaybars. Sau World, DE SON, TIWW Sing JURTIR, Chende, Southampton, Eng.

MARTIN'S.

PAPIOL

THE ALEXANDRA C. FE Cannot be Besten if Equalled for Bread Cakes: 1) nfectionery and meals with Wines » Liguria,

BANKE-

HONGKONG & SHANGHAI

BANKING CORPORA

TION.

Paid-up Capata).......................$35,00€,DIO" RESERVE FUNDS:

Sterling

£1,500,000 at 21-

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

$$$ 590,DEB

J

Reserve Liability of

Proprietors.*****

$15.000,969° COURT OF DIRECTORS Hen. Mr. H. And well, - baitment -

J. Fluminer, Esq. Beauty Chakers an Hen, Mr. C. E. Anton " 8. T. M. Mikies Jane -

Gabtay Buc. dos. Mr. P.H. Hoyosk E. V. D. Parr, Lacy W. Trienden, Inger A., Con pien, E

Beton-B. £. Bab

MAXACER

Shanghai-d. G. Stephen; Finq Lance Bankar-Londen:Domáty so Kentler, Lizmited.

Hongkong-cserers Allowed i

On Current Accounts at the, pts of 3 par comp

sanam on the day balsace,

ON FIXED DEPOSITE,

For 1 months, Zå per cent, per annum. Tor 6 month per cent, SIDEN. Fer tz mouths, percent, pET SABWAK. N. J. STABB.

Chief Managen

HONGKONG SAVINGS BANK.

THE BONDEN of the abres Beaù le conducial dry the HONG KONG AND SHANGHAI BANKING CORPORATION. Rales may be obtained co application: INTEREST a deposita in aliować on the sts. Lotum moethly balances at'kał par cant, per MEDIER.

Depositors may transfer, at

of 3:00 or sore, 10 the one tha Back to be placed to XD DEPOSIT 31 4 cent per ana

For the Hongkong and Shanghai Banking Corpor

N. J. STABE.

tion

Chief Managez.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter Hys WEAN_077502—LONDON,

PAIDUP. CAPITAL: RESERVE FUND RESERVE LIABILITY

PROPLIETOE

FOREIGN EXCHANGE and Generat Duzlaž

batiness transacted. CURRENT ACCOUNTS opted and Fixe DEFORIES received for 1 year or shorter peiačs, | rates which will be quoted on application

T. C. LOWNING,

Manager Hongkong, 11th April, 1912.

THE MERCANTILE BANK GP. INDIA, LIMITED,

Head Office 15, Gracechurch

Street, London. -

Authorised Capital .......£1,500,8oD- Bubscribed

Paid Up

Reserve Fund.

1,325,00

M

561 ra 600,000

BANKTER: The Bark of Zoglard, The London fcut Freck Bark, Lika

BRANCHES

Bombay

Calcutta

Colombo

Delhi Galle

Hongkong

How ab

Kandy

Pert Louis Maurities)

Keracht

Xota-Bhars

Kuala Lumpu

Madras

Panast

Rasgods

hangial

Singapore

HONGKONG BRANCH.

Every descriplies of Backing and Exchsaye business transacie

Inserest allowed on Current Accounts new pain per annum os Daily Balmory-mod-on Fixed Deposit at fates which may be ascertained ca applicados.

C. CHAMPKIN,

Acting Manager.

INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE :

55., Wall St, New York-

LONDON OFFICE?

36, Bishopsgate LC.

CAPITAL & SURPLUS, UB $5,500,006" UNDIVIDED PROFITS UA,010,000

BOMBAY

CALCUTTA

CANTON, CZBU...

COLON

HANKOW

US5 $7,510,000

BRAN BES :-

XOBE

BUTO DOMINGO

LONDON SHANGHAI

MANILA

SINGAPORT

MEDELLIN TIENTSIN PANAMA

PEKING

YOKOHAMA

HONGKONG SAN FRANCISCO

Through Its close affiliation with The Nationel City Bank of New York, the Bank is able to offer thy Services of the Branches of that Institution in Cabe South America, and elsewhere,

BAHIAN BUENOS AIRE

MONTEVIDEO, RIO DE

GERŐS, HAVANA

340

SANTIAGO DE CUBA. FANYANEIRO PAUL, PETROGRAD VALPARAISO,

An Kinds of FOREIGN & LOCAL BANKING BUSIN KBS transacted

CURRENT ACCOUNTS epened and FIXED DEPOSITS scived a rate to be ascertained ne application.

GEORGE HOGG,

Hongkong, 26th September, 1916,

THE

YOKOHAMA SPECIE BAN É,

LIMTED.

Established 1880. Authorised Capital Yen[48.000.000 Paid-up Capital... $30,000,000. Reserve Fund..... 1 21,300,000

Head Office-YOKOHAMA

Branches Fand

Antung-Haden' Bombay Calcutta Changchun

Yengan Barida Hankow Lobe Than-Fang Loodis:

J TOUR

Log nesio

Talogtan

Agencies

Naga NOWEITAGS New Tork

Osaka

Zyojan (Port

Interest allowed on purines Adooanis.

received for fixed perfoda ni zatos to be obtained

applications jongeren

Hongl og. 12th Mi