1917-06-28 — Page 9

COMMERCIAL NEWS.

GEN. SMUTS' VISION,

sed Extention of the

Kogyo. Glako.

Japaness forncial #uthori

A Commonwealth of Nations.

.

THE HONGKONG TELEGRAPH, THURSDAY, JUNE 28, 1917. AMERICAN SUBMARINES. TORPEDOED TROOPSHIP. HONGKONG® SHARE

Fillpinos to be Trained.

REPORT

S-SELLERS; SA.SALES; B-BUYERS; N,—NOMINALM

OFFICIAL PRICES.

BANKS.

Unions

Yangtszes

Ferries

ני

Arcadian Survivors' Narratives.

Ben hare decided that the Nipponable speech ide at a dinner General Smute, in remarks

4 Southern Port-Survivors Kogyo Ginko" shall take up the

Following a conference with of the crew of the Arcadian business of ancing shipping Riven in his honour by members Admiral Keight, says the Manila reached this port this morning. Unterest without any special of both Houses of Parliament last Bulletin, Governor General Har(May 16). The vessel, as already bank, as recently demanded, the pace negotiations the British are under way for the instruction was torpedred by an enemy sub. H. K. & S. Banks 5.

month, expressed the hope that in rison has announced that plans announced by the Admiralty, cbeing established for the pur

As the result of this droi-Temment would bear in mind and training of classes of Filipino marine in the Esetern Mediter 1pone.

ion, it has now been further de not only Central Europe, but the students in the operation of subrenesn on April 15. She bad s. marines and torpedo boat dea-large number of troops on board, oided to increase the capital of the hole of the British Empire. Semi-official bank from Y17,500,- General Smute, in his reply to troyera. Ofera of the Navy are with a crew of about 200, and ehe went down in fire micates 000 to Y20,000,000. In addition the toast of his health, proposed to be detailed to co-operate to the new undertaking in the by Lord French, said our Com with the educational authori-Those who lost their lives instads interests of the shipping trade, onwealth, peculiarly situated, ties of the insnlar Government 19 offoere, 214 other ranks, ten the operations of the bank are tottered over the whole world, for the purpose of outlining the Tal ratings, 24 crew, and two in Fires

civilians. was dependent for its very exie courees of study, to give neons- be generally extended, especially teses on world-wide communicary lectures and to take charge R.M.SP. Co., and had been ex- Douglases

The Acadian belonged to the along the lines of giving cheap tions, which must be maintained, of the practical training, financial facilities to industrial

clusively employed by them on Steamboats It is planned to have the etud pleasure craiser, having in the indas (Del.) Eaterests in cities and towns all or that Commonwealth would go over the country (this latter to pieces. During the last thirty lents spend a part of their time oncourse of her many janeya Shells

Indos (Pref:) years they saw what had happes- the destroyers and submarines st visited on several occasions the Immotion in the provinces being ed. Everywhere on our com- the naval base at Cavite and to neighbourhood in which the Husa performed

by the Nipponmunications Germany had settled give them practical training from ank ber. Wish tonnage of *Hypotheo Bark). The

new down? Everywhere on those the beginning in the mechanics nearly 9,000 grosa, and one long Sugars nterprises of the Kogyo Ginko

communications, over the whole and operation of these rasgels aninterrupted promenade deck Malabons are to assume practical shape glabe, they found here a little it has not yet been determined from the stem to the stern, ehe their being formally approved at

German colony, and the day whether the mechanical engineer- had proved heraalf an exceedingls Kailans regular general meeting of would have come when ouring students of the college of ensefal troopahip. Her long saloon Langkats abareholders to be held next

whole Empire would have beengineering of the University of the month:

in very great jeopardy, from our Philippines or the students of the way given over to the troops, and Raubs lines of communication being out asatical school will provide the by the torpedo, so that some of the Urals

it was there that the was struck Tronohs Now the whole world outside better material for beginning these soldiers must have bean killed by The United States, in lending Europe had been cleared of the classes, but it is stated that the the explosion. $100,000,000 a month to the enemy (Cheera) Germany bad practical training, will coneist at

will, it is presumed been swept from all the seas, and first very largely of mechanics to six on the evening of Sunday, "It happened at ten minutes ys the London Daily New), we had been almost providential-labour with the machinery of the | April 15," said a member of the but pay herself for goods ly brought to this position, that vessels and that it will take some pr

"The sea was perfectly edusterials sold to her. To once more we could consider the years of study before the students calm and smooth. Having faished

problem of our fatare sa

a can hope to occupy positions of bost drill most of a turned below Centrals Great Britain, however, it mesas that the financing of the Allies whole. He hoped that when the command. It is therefore quite again for tea. My pala and I were H. K. Hotels

time came for settlement we probable that more attention will bouldere, and the burden placed should bear not only Central be paid in the beginning to tes when we were throwa violently H'phreys Est.

jast about halfway through our

Land Invest. Europe in mind, but the whole mechanical ability and mechani- pop the States. The opera-

Tremendous British Empire.--(Cheers.) Socal training than to previous "Well, we all rashed up on

forward. tion implies

needs far as he was concerned, he did technical training. In any event, deck, and there was a crumble. reduction in .car"

barrow. To put it briefs, not wish this Empire to have Mr. Roxas, Acting Secretary of You could have seen with balf

We had not Fablie laatruction, who is now outlay in the last financial fought in vain. er was about £2,200,000,000, fought for material gain, we had developing the final plans, is long for this world. Some of the Kang Yiks

an eye that the Arcadian was not Ewos of which it is estimated £500,000,- not.fought for territory, we had endeavouring to complete arrange lifebosta were useless, báving Yangtszepoos 000 was on behalf of our Allies, fought for secarity in the future.ments so that the classes may been smasked, bat we managed If these advances are eliminated That was the geographical quas begin on July 1.

have an outlay of £1,700,000,- tice, but there remained the very

to get foar away. There mast This is the first opportunity have been nearly 70 is one of 20, of which the United States, difficult question of

fature offered to the Filipino people to them. Mfers to relieve us of our own constitutional relations and re- xpenditure in the States of the adjustment within the Britian develop a body of young man who xtent of $480,000,000. This Empire itself.

Tea a total of £1,220,000,000, of rovided by revenue, as the brenne last year amounted to

Allies

•

Financing the Allies.

has been removed from our.

3

We were not an Empire in the empire-we were a system of There were enormous

special types of war vessels which

3

"Lster, "hilst the patrol boat

$25

BANKS.

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General Banking . Business Transacted...

INTEREST ON FIXED DEPOSITS:

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager.

BANQUE INDUSTRIELLE

DE CHINE...

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

President

Andre Berthelot General Manager A. J.Pernotte.

HEAD OFFICE:

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

BANKERS.

BANKS HONGKONG & SHANGHAI

BANKING CORPORA,

LUTION.

Paid-up Capital RESERVE FUNDS:

Sterling 4

£1,500,000 at 27-

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

Reserve Liability of

Proprietors....

$39 500,0 #

..$35,050,000.; COURT OF DIRECTORS.

Hoa. Mr... Dodwell - kaim

J. A. Plummer, Xaq, Danute Chalcan Hon. Mr. C. Enton, ... Maties, Leg

Gubbar. E Hon. Mr. P. HNL EY.D. Fin. Lag, W. L Pastendes, Bag- A., Coupon

CHIXE XANASTA Hong-N. J. Subh Ing.

MANAGEK

Shangbai, G. Stopden, Ana- Loscop Backen-Landon Doty kad

Wiser, Limited

Hoegkeng-Interest Allowed

Os Current Accounts at the rate of 1 per DEN

annum on the daily ba

* balance.

For

ON FIXED DEPOSITE. “ months, I per cent per azokm, For 6 months, aj per cent par manem. For is caixi per cent. per assum N. J. STABB.

Chief Managem

HONGKONG SAVINGS BANK.

THE Entices of the ador Bank is coachseped it is the HONGKONG AND SHANGBAI BANKING CORPORATION Rules may be obtained co applieschoo

INTEREST on deposia is allowed vs the anky imam monthly balances at fiè per cent, per metho

Depositurs may transfer, at their opbon, balance of $100 or more to the Hongkong and Shangha Bank to be placed on 21380 DEPOSIT 1 4 cent. per anJums,

los.

Hongkong and Shanghai Enoding Cormar

N. J. STABB.

Chief Manager,

$635

MARINE INSURANCES. Cantons North Chinas

Д.

$3421

71,

t160

K

$955

b. ex 73 $190

FIRE INSURANCES. China Fires

5.

0.

$143 $325

For 3 Moaths 3% per annum.

:

SHIPPING.

For 6 Months 4% per a um.

$85 $17

n..

$101

9.

$40

D.

118/

2.

$20

REFINERIES.

53.

#101

b.

MINING

34:6

b.

11.

t. 16

$2.45

b.

25/6

324-

DOCKS, WHARVES, GODOWNS, &C. Kowloon Docks H. K. Wharves s

S'hai Docks

58.

11.

+)

$71 $116 t. 92

LANDS, HOTELS AND BUILDINGS.

sa.

$97 $97

b.

$98.

$6,30

S.

$33

.D.

t. 80

$74

COTTON MILLS.

*.

t. 15734

H.

t, 14,50

S'hai Cottons

b.

t. 121

b.

t. 5,50

MISCELLANEOUS.

"J

Borneos

n.

bi

$7 $4,50 $7,60

д.

$28

$7,40

$48

D+

-$151

$7

$10

$6,40

$9,10

10 MIN.

cts. 90

20 MIN.

18.42P.K

18 MIN

4

$ 8,40

1.15 p.

EG SIN

12 MAN

Rombay

$13

b.

6.

86 $6,50

829

17. LO

LOG P.E. to

1.15 V.M.

10 MIN

Calcutta

In Ma

Colombe

RIP.X.

10 Mix

Delti

FIGHT CAILE,

Hongkong

580 Pa

Howrah

Kandy

West Points

Kloon Lands Shai Lands

Gob £600,000,000 should be sense in which Germany was an defensive purposes, and moreover, them missed their mark, but only Ropes

nistions.

China Light & P.. Providents Dairy Farms was trying to save the men in Green Islands the water, the submarine fired H. K. Electrics D two torpedoes at her. Both of H.K. Ice Co., very narrowly. The submarine Steel Foundries n.

ber of men who were struggling Trams, Peak, old D.

Trams, Peak, new n. Laundries b. believe that she used these men as a shield, because she knew the

U. Waterboats n. Watsons patrol boat could not fire without Wm. Powells endangering the lives of our own Morning Posts men. But the submarine did not atay long. Meanwhile the patrol

may sometime manage these

have been found so effective for

types of vessels which might be $573,000,000. The balance left problems facing our so-called within reach of the Philippine anddenly appeared among a num-Trams, Low Level sa.

Treasury abould an attempt be would thus beabout £320,000,000, Dominions-astions almost sover made to establish a Philippine for their lives, and I honestly)

hich, if these figures prove to eign, almost independent; and he Nary, either independently or ae orect, would be the sum the preferred to call this group, saxiliary to that of the United ritish Treasury would have to British Commonwealth of nations States, in the near future. arrow to meet its needs. Last rather than an Empire. No political idess we had evolved sar, the net borrowing

nomencla. 1,625,000,000, so it can be in the past,

до

a that car Treasury will be sure would apply to this world

May Rubber Outputs.

jb.

og Dafeh

(C 450 pcls.) oglo-Java

(Coffee 2,800 pcle.)

30,000 70,000

133,800

ir Tawah

001

in Anam

Fit Toh Alang

hemor

bem potak

onsolidated

ominion

Ya Consolidated

+4

(Coffee 270 pels

manting *pala

)

15,020

16,580

9,328 13,825 38,709

CORRECTED TO ROOM THURSDAY JUKE 28, 1917,

BENJAMIN & POTTS, Share and General Brokers,

Princes Bullding.

Tel address: Broker.

EXCHANGE.

SELLING.

2/436

2/6 7/16 2/6 9/16 2/6 11/16

2/634

Nom

10754

1175%

......... Nom.

Nom

6014

145

co & New York/ T/T Java........................ TIT Marks Nom. T/T Francs........................ 3.4712 Demand, Paris...... 3.45

BUYING.

ored of raising quite $1,000. comprised within the British Imperial policy. Some sach bost had maintained her fall 5000 if thin-agreement tarne Empire; no name which we had method of procedure as he had speed, and had launched three of to be exactly on the lines found hitherto had been suffici. suggested would lead to very her lifeboste without in any way ent, sad any man who might important results and very great slackening down. It was the finest adiosted by the cable.

discover a real and a proper name changes. Ia the Overseas bit of work I have ever esen, for this vast system of entities Dominions they did not under-and the captain and the crew de would be doing a service, not stand diplomatic finesse, and if serve the highest commendation ooly to this country but to con- our foreign poliog was going to for the great gallantry they dis-

reat not only apon oar Cabices payed in eaving so many stilational theory.

liver. +9 How were we going to provide here, but finally on the whole} The Arcadian gave her finsl for our fatare government? British Empire, that policy would plunge at 5 55, and disappeared. There was only one solution, and have to be a simpler policy, a entirely from view. A very large T/T that was applied by our past more intelligible policy, a policy proportion of the engine-room Demand .27 800

traditions traditions of freedom, which in the end would lead to and stokehold stat went down 30 ds. 19 447

of self-government, and of the less friction and to greater safety with the ship, and the batchers 60d/s. 42 206

fullest development. There were At the same time nobody would { and cooka' department also enfier- 4 m/s..... two potent factors that we must dispute the supremacy of the Im-ed severely, their quarters being T/T Singapore

T/T Shanghai... rely upon for the future. The perial Parliament-they would blown away. first was our hereditary Kingehip.always look upon the Imperial

T/T Japan A Titanic survivor, named I/T India "You osorot make a Republic Government as the senior partner Threfall, came through his second Demand, India 38 697 of this country," proceeded the in the concern. But the Imperial shipwreck untouched, and he T/ San Francis- 64.000 speaker: "You cannot make a policy would always be subject to tells a remarkable story concern-

Republic of the British Com-the principles laid down from ing the sentry. monwealth of nations, because time to time at such meeting da "I saw him, rifle to shoulder, 18.594 you would have to elect a he had suggested. This would pacing the deck before the occar- 7167 President, not only bere in these lead to greater publicity. Natione rence, bat when the vessel was 13,290 islands, bat all over the British in fature would want to know torpedoed he was blown, rifle and 10,330 Empire, in ladis, sad in the more about foreign affire. The all, into the ses. The troop galley 10,330 Dominiour, & President who hereditary Kingship and Common was also blown cat of the ship, 45,547 would be representative of all Council at the head of fire, it and a lot of men were irjared by 6 m/s. L/C 31,500 these people; and bere I say might be said, would not be eaff. falling pieces of wood, &. Of 30 ds. Sydney & you would be facing a «bsolutelyfeirat to keep the whole system chatse, there was no time for Melbourne....... inaclable problem. Let us be together. With that be did not ything in the nature of discip-30 d/s ban Franc- thankful for mercies."

agree. (Cheers.)

line. On the Titanic one had

isco & New York/ "We have s kingsbip bere If the line be bad sketched plenty of time to leave the ship 4 m/s. Francs...... 3.6014

4 m/s. Marke which is really not very different were correct, there would be a bat with the Arcadian she was 6 mis. Francs 17,042 from no hereditary Republic. I grester League of the Nations in gone before we fully realised! Demand, Germany.

3.6516 should not be surprised if the the future, and if we were trus

bad happened. time came when our royal priness, to our old traditions, we should think we were very lucky to TT Bombay

I Demand, New York, 6 ia-tead of getting their consorte be able to exercier a far greater, get any of ur boats away--but Demand, Bombay... Nom from princelings in Earope, will and a far more benefiois), i fuence had we delayed another half a TIT Calcutta come over and seek their consorts on the history of mankind then minute all the lot of them would Demand, Calcutta... Noo in the outlying portions of the we had ever done before. He have been sucked ander,

Demand, Manila Empire." (Laughter and cheere.) prayed we might have clearness of

"It was quite a different ex-Demand, Singapore. 10734

Da Haiphong

4% prem After commenting on the present, vision and purpose, and strength perience from that of the Titanio," system of Imperial conferences of soul, for strength of soal in he said. "In the Atlantic the On Bangkok. 6

On Saigon .** 34% prem as not being a ocmplete accens, the coming days would be even cold water was almost enough to Bovereign

7.80 Nom. General Smate suggested that more necessary than strength of kill you; this time it was warm Gold Leaf, per oz..... 45.40 there should be called together arm. It would depend largely and calm, and gave us a ebance. Bar Silver, pez oz... 3934 7.157 the most important rolers, of up as whether in the present Some of the men remained in the

payang

**

Slanten

ta Babros Dewock

apkat

(Cfes 80 pels.)

Amherst

***

deng........

51,125 3.198 25 000

hang...

ngkalan

rasts

pah magaga

Imba

hsi-Klebang ai-Maley si-8 remban Trbai”dumaira

nggia

12 437

4 500

***

10,000

-15 700

9 528

12,388

25,717

11,154 17,428

10,211 45,860 17.400

(Coffes 2,200 pels)

17,552

..

what

mis. LIC....

4 m/s. D/P...

2/714

2/736

21714

6114 Nom

12014

SUBSIDIARY COINS:

DISCOUNT PER $100: ", | Chiness.....20 ets. pieces 4. § %dv.

hinese ..10

4% tr.

12,000 the Empire, say, onde a year, s.ruggle the great prize was ware: for two or three hours, aad to disuses matters which cou ach eved, or whether the world they are little the worse for it, 28.000

cerned all parte of our Empire. would be once more planged into schough they had had gaire 70.000 We really needed a meeting like dienster. The prize was within enough."

5.416 that in order to lay down a com- our grasp if we had strength of 57,700

Another survivor of the Titanic, mon policy and to determine the anal to true Orientation of our common without fainting.-(Lead cheers), the missing.

see the thing through W. G. Earl, is reported amongongkong 20 ota, pieces

Hongkong L

par,

In FRANCE: Société Générale pour

favoriser le Développement du Com merce et de l'Industria en France. In LONDON: London County & West-

minster Bank, Ltd. In ITALY: Banos Commerciale Italians.

Telegraphic Address : CHIBANKIND.

Interest allowed on Current Accounts and Fixed Deposits, Terms en application.

Every description

Banking and exchange batiness transacted.

M. ROUET DE JOURNEL.

Manager.

HONGKONG BRANCH:

Tel No. 2352

5. Queen's Building.

Hongkong, 14th May, 1917.

NOTICES.

NOTICE.

PEAK TRAMWAY CO

LIMITED.

TIME TABLE.

8.00a.x. EVENT 15 MIN.

880 to 10.50 M

EXAM TO 13.30 30 INLY.CO

and 1 2.1. Saw To

12.00 P.X, esery half hour,

11.00 13.30 11LAS POR avery quarter of an boʻLI, SUNDAYS:

M

$.00 LX 10 A.X. 10 10.30 A.M. JEBAX to 11.80A.M. Lo 19.00 Noon 1800 2000 to 2004 336

1.00 P. 10 143023 to COPAL LO

5.30 ..

6.00

Svraria Mi

10

13 3

10 Max.

2,5

10

=

5 10

6.80 123 2.00 F.M.

15 M

TO MAN

RIGHT CARS <yên Wert Dagu

LATURDAYE ·

Bezza. Car at Kušnicks' SPECIAL CARS

By Arrangement at the Company's Offsen,

Alexandra Buliding,

Des Voeus Bosch,

"Bam and paneh deketa available Yor ma ears not shrewdy hall, vannlng at the "ime stated in the Company's first tulilea, baat net for -f enza, rosa' be obsežnai ou app

at Grum

Company's Odo:–X« Season to wi sorted until payment, therefor-bas been PLOW * Bank Notes by by Chique or Comprariumu cedar rørender Balak Koren,

JOEN D. HUMPHREYS & GA

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

(Capital Paid

up...$1,250,000.)

Los on Morgens of Kouse Property, det. Goods received on Stor Advances made on Merchandise Loans mada en the Pridant Bystem.

TACSTER, EXECUTOR OF WILLE, ATTORNEY, 26. Undertaken and zorlad Cases and Particulars on application),

•To 'the Office of

SHEWAN, TOMES & CO.,

General Mannzeri.

MARTIN'S

PAPIOL & STEEL

PILLS

Freach Zemedy for allgrasslarities. kekannada, at lundina ainnya keng a box of Stananowarike të tha hova vo ban on the set

soy irentsiarily of the 17stain. A Glassly dose may ku adaốnšetered. Those who mas Ühes conciosamma than, benes their use. mang cala. All Cheraieta aðið kloren 2035 ihren throughout Lal World, or post tre0 Bio, MARTIN, Gang, Bauskamptats ang

MARTIN'S (PIOL&STEEL PILAS

AP

$

THE ALEXANDRA CÂFE Cannot be Besten, if Equalled for Bread, Cakes, Confectionéry and meals with Wines & Liquers.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Lacorporated by Royal Charter lägs

FEAD OFFICE-LONDON,

PAI-CP Cognatos. RESERVE

RESERVE LIABILITY OF

PROPRIETORS

FOREIGN EXCHANGE and General Denktad

darinete bassacred

CTR DEPIRITS antes bich will be quoted on application.

T. C. DOWNING,

ACCOUNT opened and ZILER ived for 1 year or shorter periode, al

Manager

Hongkong, 11th April, 1912.

TEE MERCANTILE BANK OF

INDIA, LIMITED. :

Head Office 15, Gracechurch

Street, London,

Authorised Capital.......£1,500,bro Subscribed

Paid Up Reserve Fund

3 1,325,000

BANKFRA

The Bank of England,

562,50

602 600

The London leist Stock Bank, I book "d".

BRANCHES-

Fort Louis (auritius)

Kachi

Kota Bharo

Kuala Lump

Madrar Penang

Rangtion

1 bangha

Singapore

•HONGKONG BRANCH,

Every description of Banking and Exchange business transced,

Interest allowed on Corrent Arcour.19 så æ pr per hour on Daily Balances, and on Exed Depos at rates which may be ascertained on application

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE:

1. Wall St., New York

LONDON OFFICE: 36. Eisborgate, LL

CAPITAL & SUBPI.UST US. $5,500,000 UNDIVIDED PROFITS; U.8,$1,010,000

BOMBAY

CALCUTTA CANTON CEBUL

COLON HANKOW

U.S. $7,510,000

BRANCHES..

КОВР LONDON

MANILA

BANTO DOMINGO SHANGHAI

SINGAPORE

MEDELLIN TIENTSIN PANAMA

PERING.

YOKOHAMA

HONGKONG SAN FRANCISCO.,·

Through its stone affliating with The Natlock City Bank of New York, the Bank is nice to offer to Services of the Branches of that Jeszitation is Cate South America, and lowbere, pamatytu

? BAHIA, BUENOS AIRES, GENOA, HAVANA MONTEVIDEO. RIO DE JANEIRO: SANTIAGO DE CUBA. SANTOS, SAG PAUL, PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKING BUSINESS transced.

CURRENT ACCOUNTS opened and FIXE DEPOSITS received at rates to be ascertained us application

CEORGE HOGG, *****

Monaest.

Hongkong, 26th September, 1916)

THE

YOKOHAMA SPECJE BANK

LIMITED.

Established 1880.

Authorised Capital Yen(48.000,000 Paid-up Capital ...

Reserve Fund......

30,000,000 21,300,000

Head Office-YOKOHAMA

Cand * Agencies

Branchea

· Antang-Halen Bombay

Calcatta Changchun

Dalrea Yengtian

Harbin Haako

Honolulu

Liao-Yang

London

Lycus

Log Angelos

TEORAN

Hogasaki

Newchwang Now Tark ORAZA

Paking

Kyojun (Part

Arthur!

Bas Trans

Shangha

Byd

S. CRDOTE

Tabling

Tectals

Tokyo

Internat allowed on Current Anedendu Depaudza refret for fixað perioda at ratos to be obed an application.

FISHT ON Hongkong, 12th Mar

arch,

Manager

1917.