1917-07-17 — Page 9

COMMERCIAL NEWS:

Japan's French Loan. In regard to the decision made to raise a French losa in Japan in order to pay for the outstanding accounts on munitions of war

the

Justrial Bank of Formoss, Yok o-

and

'FROM THE PULPIT.

The Call of a Salot sad that

of * Sinner.

THE HONGKONG TELEGRAPH, TUESDAY, JULY 17, 1917.

POSTAL AIR SERVICE.

case it is the other way, and there COMMERCIAL AND is nothing extraordinary about it,'] at least more extraordinary than |human nature, which is the most

extraordinary of all things

You cannot calculate on spirit- nal results with' what” is” called dead certainty. In the case where everything points toward hope, the result is often disappointing,

Lord Cowdray Says State

Should Help..

HONGKONG SHARE REPORT

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

BANKS

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General Banking Business Transacted.

INTEREST ON FIXED DEPOSITS:

OFFICIAL PRICES.

BANKS.

$670

MARINE INSURANCES.

S.

$340

174

8.

t. 140 $840 b. ex 78 $199)

FIRE INSURANCES.

b."

D

#149

For 3 Months 3% per annum.

$325

SHIPPING,

For 6 Months 4% per annum.

M.

$85 $18

n.

$101

$10

120/

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager.

REFINERIES.

n.

$96 $29

MINING

b.

Kailans

Urals

*TS

3.

D.

$29

34/6 t. 15. $2.45 25/6 32-

$68 $114 t. 94

LANDS, HOTELS AND BUILDINGS.

S.

$95

$98

Notes of a merman by the Rav. bought by France from Japan, J. Nirk Masonsohie at Union some further particulars are now Church on Sunday evening and vice versa. A minister in

Aeronautics would revolution- available. The loan will be flat"Jesus looking upon him loved his time, sees much of this;ise the world, not only from a H. K. & S. Banks &. ed in the shape of Exchequer him; and said unto him

young perpls cradled and nutur. commercial, but from a humanit- Bonds to the amount of Come, follow me. But his ocuned in the midst of every advan-arian point of view, declared Mr. Cantons 000,000. The issue wilt be made at par and bear interest attenance fell at the saying, and age and inducement, all the G. Holt Thomas, in lecture in North Chinas

ho weat AWAY sorrowful; environment and heredity in the Central Hall, Westminster, Unions € per cent. per ansum,

for he was one that had great their favour, and the tendency of before the Aeronautical Society of Yangtszes loan to be redeemed on July possessions Mark 10/22. Be disposition quite in line to all Great Britain 15th, 1920. Subscriptions are to held a publican, named Levi, appearances, and yet when the Lord Cowdray, President of the China Fires be paid in two instalments Y20itting at the receipt of toll, and real test comes there is a refusal, Air Board, who was in the chair, H. K. Fires 000,000 in July and 130,000,000 (6) said unto him; Follow me.' open or secret, andden or by said the aircraft industry ought to in Angust next. The anderwrit. And he forsook all, and rose an, degrees, and one more soul has be specially treated by the tax- ing banks are the Dai Ichi, Mitsui,and followed Him."Lake 5/27. turned away from the highest, gatherer with respect to excess Steamboats

Douglases Mitsubishi, 15th, 100th, Yasads,

These two insidente recount re-eczrowfully it may be, but none profite. As to the cost of an air Indos (Del.) and Dai San Banks, and the Inspectively the call of a "Saint" and the less decisively.

service, he thoughtTM 51. * mile Indos (Pref.) On the other hand, we have would be the maximum Egure and Shells bama Specie Bank, and Franco-that of a "Sinner," teking these

two words in their conventional also seen, and that not seldom, the the Government ought to help. Ferries Japanese Bank in Tokyo, while acceptation. Both are well-known lotus flower blooming from the It would be years, however rapid the underwriters in Desks are the New Testament characters, and rand, Christian manhood and the growth of commercial aviation Sugars 34th, Naniws, Samitomo, Kono there are points in common as womanhood rising up from the might be, before the trade itself Malabons

Omi, ike, Kashima, Tamagochi banks, all these Bath, eg were well-to-do, for if environment and heredity, so Imperial needs demanded. Avia- well as in contrast between them most unpromising earroundings, cald support a servies which the banks being represented by the the one bad "great possessions," far as is traceable, all pres- tion in fature would bind the Langkats Yokohama Specie Bank. It the other was in a way of life sing the other way.

I have seen nations together. Government Raubs expected that a formal sanoat where money was to be made, and as much in the cases of youths aid would not be needed after a Tronohs cement of the iwne will be made was in a position, we read, to make landed from the same boat here few years. in a few days. The flotation of a

great feast in his own bouse in Bongkong, one on whose traiu- Mr. Thomas said that commer- DOCKS, WHARVES, British loan of 100,000,000, to a large number of guests. iig and firmness every reliance oial aeronautics were not going to made towards the end of last yest, Both also were Jews instracted might, seemingly, have

GODOWNS, &C. been beat railways, and other forms of H. K. Wharves ss. exerted some pressure on the

in the law, for the one was an placed, another for whom fears transport out of existence, but Kowloon Docks n. money market, but it is not ex: officer of the synagogue and the were bat too well founded, fring would act as an adjunct. Shai Docks D. pected that the prevent issue of other became the author, ander Bat the expectations inve all been From a business point of view, French bonds will have a similar his changed aame of Matthew, of falsified; one going the way, the peel was everything, and we effect in view of the opportune: the first of the four Goepele, which very bad wag, that too many now bad practical machines that Centrals news of the times of issue and the teems with references and allu young men do ga in our Colony, could do well over 100 railes an H. K. Hotels comparative smallness of the sious to the older sacred books. the other reacting for the better bour-indeed, far higher speeds. Land Invest. amount. It is said that indica-

Bat there were great contrasta from the temptation to lose one'a special seroplane would enable H'phreys Est. tione point to the probability of alvo, indeed in some points ex-head which life in the East pre- the business man to leave London K'loon Lands this flation of a Freach loan of treme. The one war a leading light sents to every newcomer. Do not in the morning, do his business Shai Lands 150.000.000 being followed by in the congregation, a represents-go too much by appearances. Do in Parie, and be home again. to West Points further loans for France.Japan tive, highly reputed religiousman. not mietske kindliness for god-dinner. It would take him to

The other was regarded as a linees, good nature for goodness. Bagdad in a day and a half, and Ewos traitor to bis people's traditions On the other hand, da not to New York in two days. and lawe. Socially, the one had mistake

Kung Yika outward degradation Compared with the present S'hai Cottons position, infidence, popularity. for inward depravity. They mode of transport, the aeroplane Yangtszepoos b. There is still a continued devel- The others was so good se en Are sometimes separated by would bring Paris within three MISCELLANEOUS. opment in new enterprises and antcast. The tax-gatherer is never the poles, though it may hours of London, instead of seven; Borneos extensions of business operations popular-witness Robert Barns take God's eye to perceive it. Io Rome 123 instead of 12 hours. China Light & P.. is this country, anys the Japan and the fan he pokee at his Jeans Obrist it is not a question and Petrograd and Constantinople Providents Chronicle. According to the own position sa exciseman. of good or ill jadged by our within a day's journey. latest returns, the capital sunk in Old Sam Johnson who liked conventional standards. In Him It would be possible to ran a new enterprises during May to vent bis unfavourable there

is neither saint nor profitable sir service between amounted to 179,800,000 and opinions in hie dictionary, inner as men often nee these London and Paris at 45 a pas that in extensions to Y95,800,000. givea FI delightful definition words, bat s new creation in senger, jd sa ounce for mails, and When the debentures issued and of Excise: "A hatefal tax levied Himself,

A heart renewed by 2a. each for paroole of 3lb. Con- the losas raised by existing com- upon commoditier, sad adjudged, love and into love. Besults are stantinople might be reached at panies are taken into account, not by the common jadges of incalculable by as, but not cost of 225 a ticket. the total sum invested in new property, but by wretches hired that they are arbitrary, only that In conclusion, Mr. Thomas ad- enterprises and

extensions by those to whom the Ercise is we cannot see all the conditions voosted the establishment at once amounts to Y184,000,000, show-paid," Had the good Doctor and reckon the factors. The of commercia! serial routes all ing an incresee of Y53,000,000, lived earlier, the Jews would Lord alone is able to do that, and over the world before Germany

the figures for April. have thanked him for teaching the deciding factor is apt to be stepped in. The increase is Y 123,000,000 them that word. "Wretches deep in the bottom of the inmost compared with the corresponding hired by oppressors"-such in heart, unsuspected and anreveal- month of last year, and the eyes of their countrymen ed until the real test arrives and MR. WILL THORNE, AND BENJAMIN & POTTS, 159,000 over that of the year were Jaws who collected taxes the choice, so often surprising, before last. The capital invested for Rome; the publican became

is made.

#

Chronicle.

New Japanese Enterprises and

aver

Extensions

ور

THE KING.

Palace Discussion on Labour and Profiteers.

$$$

"BANQUE INDUSTRIELLE

DE CHINE

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

Presid-at

André Berthelot General Manager A. J. Pernotte.

HEAD OFFICE: 743Rue Saint Lazare, PARIS BRANCHES in PEKING. SHANGHAI, TIENTSIN and HONGKONG,

BANKERS.

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

minster Bank, LE

Is ITALY: Banca Commerciale Italiana.

Telegraphic Addresă: CHIBANKIND.

Intereat allowed on Current Accounts and Fixed Deposits, Terms on application. Every description of Banking and exchange business transacted.

M. ROUET DE JOURNEL;

Manager.

HONGKONG BRANCH:

Tel. No. 2352,

3. Queen's Building.

Hongkong, 14th May, 1917.

NOTICES.

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

***ATION,

Paid-up Capital ................$35,004,00 ₫ RESERVE FUNDS.

Sterling

£1,500,000 at 21-

-$15,000,000

Silver $18,500,000

Reserve Liability of

Proprietors

$3$ 500,6##

$15,000,00 COURT OF DIRECTORS.

Hon. Mr. 5. B: Dodwell-Chalmer, Ho. Xr. P. Botyou-Decete Chairm in Hen, Mr.CE Aston, F. C. Rutcher, Laq G.T. M. Edties. E. V. D. Pay, E., W. L. Pastendes Edu** Cobbay Est- A. B. Campion, Est

CHIEF MANAGER Hongkong N. J. Bindd, Hes,

MAXAGER

Shanghaim, 0, Stephen, Esq" London Bankers-London County and

Westmitwer, támited.

Hongkong-Interest &lowed + De Current Accounts me the ente di par car

sitoum on the daily balance

ON FIXED DEPOSITE

For avosti 24 per cent, par aanus For mosis per cent, par an For the 4 per cent per annum.

N. J. STABB.

Chief Manager

HONGKONG SAVINGS BANK.

THE Besinest of the above Bank is conductné the HONGKONG AND SHANGHAI BANKING CORPORATION, Rules may be obtained on application INTEREST an deposita (s allowed on the min kaum monthly balances at $3İ'par cont, por KEKSI. Depotitors may transfer, at their option, baanÇE of 0 or more to the Hongkong and Swagha Back to be placed on FIXED DEPOSIT # 4 į CERL per annum.

For the Hoogloog and Shanghal Banking Corpor

N. J. STABB.

"

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charters"

PIAD OPTICA-LONDON.

PAID-UP CAPITAL

RESERVE FUND

KESERVE LIABILITY OF

PROPRIETORS

£1,100,00

£1,905,000

POREIGN ZICHANGE and Gerard Bandlag

business transacted.” CURRENT ACCOUNTS opened and FEJA DSPOSTAS received for 1 year or soorzar periods, at rades which will be quoted on application)

T. C. DOWNING,

Manage

Hongkong, 11th April, 1912,

THE MERCANTILE BANK OJ INDIA. LIMITED.

Head Office 15, Gracechurch Street. London.

B.

$6,25

S.

83

58,

t. 80

2.

$721

COTTON MILLS.

a.

t. 155

b.

t. 14,50

£â

t. 194

t. 51

17

$4,50

n,

$7,90

Dairy Farma

12.

123

Green Islands

Σ.

-$7,30

H. K. Electrics

b.

$48

H.K. Ice Co.,

I

$151

Ropes

b.

1973

Steel Foundries n.

$10

a

Trams, Low Levels.

$6,49

Trams, Peak, old n.

89.10

cts. 90

b.

$5,40

1001K

EVERY 2 K.

n.

$13

10.00 AM.

10 MIN."

Bombay

11.00 AM. 10

11,00 AM

15 MIN.

b.

» 110 AM 10

1246 PM.

15 MIN.

Calcutta Celomba Delbi

་

S.

$6,50 $29

15.10 1.15.10

15 MIN.

$1.6 P.M

1.15 M.

15 MIN.

100 TIL 10-1)

8.00 X

M

.

10.

Trams, Peak.new n. Laundries U. Waterboats Watsons Wm. Powells Morning Posts

CORRECTED TO NOON TUESDAY

JULY 17, 1917,

Share and General Brokers,

Princes Building.

Tel address: Broker.

EXCHANGE.

v in new enterprises and extensions (the symbol for all that was held In the two cases before us, the

from the beginning of the year to in dislike and contempt.

results earprised onlookers be the end of May amounted to Y To these two men, so differently, yond measure. Seeing the Baler 750,000,000, showing an increase circumstanced and reputed, comes turn away, and learning that love of Y 368,000,000 over the cor- the same question to decide: how of the world was his bindrance, responding period of last year and to deal with the call of Jesus the Lord's disciples were fain to of Y 557,000,000 over of the year Christ to let go their possessions ory "Who then can be saved?" before last. The new enterprises and follow Bim. The one has s The thing has seemed incredible absorbed Y 26,000,000 with zeal for religion, a quisk mind, ever since, and church tradition, Labour problems were mentioned Demand manufacturing industries at the so eager spirit. He has been unable

Food profiteering and. various T/T

head of the list, which accounted for taught and trained from his south has woven itself around the his interview with the King st

to accept it finally by Mr. Will Thorne, M.P.. daring 30 ds.

Was

great refusal.

60 dia.

SELLING.

****** 2/7/6

2/79/16 2/7 11/16

"THON

.2/7 13/16

21778

Nom

11134

1221%

Nom.

Nom. 6234

15014

2/85%

Melbourne..........!

2/85€

isco & New York 4 m/s. Marks

6334

Nom 3.76

****.. 3.31

6.5. Frencs

sboat.50 per cent., of the whole up to fear God and keep His com-berquent history of the young Brokingham Palace recently. 4 m/8......... capital ask, The second largest mandments. He breaks into the

T/T Shanghai.. item is mining, followed by spin- scene as running to kneel at the that look of love, has made him entire absence of formality or con- T/T Japan

men on whom the Saviour bent

"The visit was marked by sn T/T Singapore ning, general commercial enter Master's feet, eager, only to be take B second thought and vention," said Mr. Thorne: "Dar- T/T India prises, trust and banking business, told what more he can do to per- become a beplfal leader in the and electric undertakings. This fect himself in godliness. He shows that since the European war has an estimable character and early church. That is a possibiling my talk with the King we Demand, India

passed from my experiences in T/T San Francis-) ity. But do not forget it is all Bassis to talk of Labour matters started, the interest of the pro-loveable

co & New York disposition which maters of enterprises has centred drew cat the Master's affect possible the story ended at home, and in half an hour's T/T Java.......

where the evangelist drops his

T/T Marks................ Nom on manufacturing and electriction.

conversation I told his Majesty "Jesus locking upon him

and that the fature

3.63 per,

T/T France.... while loved him;" surely he is of the mining undertakinge,

as it is with many such, a life some solid homely truths.

3.63) "I discussed with him some

Demand, Paris electric enterprises, which al very material of which choice of comfort cankered by regret, the of the causes which underlie the

BUYİNG. most monopolised the attention disciples are made. And the sorrow of this world eating away industrial unrest in this country, of promoters until several years other; he is s

4 m/s. L/C............ 2/836 low-class re- ago, had no particular field for negade, a man who seems to have at the heart which had made the and said, plainly and frankly, 4 m/s. D/P 2/81 farther development. Though turned his back on his country to

what was the popular opinion of 5 m/s. L/C. there has thus been a great in-serve & foreign Power, a man in the other case, there was high food prices and the profiteer 30 d/s. Sydney & crease in the capital of new enter thought to be lost to all good, a surprise also, surprise on the parting which is notoriously going on. prises and extensions since the sinner against the light. Strange, of the conventionally good, as I pointed out that rows must be beginning of the year, the con- it would esem, that the pare One they saw the publican open expected so long as the prices of trary is the case with the amount of Nazareth should dream of find his doors, and fill his house with foodstuffs remain uncontrolled for 4 mis. Francs of debentures issued and fands ing treasure in such unpro- the religionsly submurged tenth the workpeople and controlled in borrowed. Daring the period mising ground. Bat

life of the town, and the Master the interests of the tradera. Demand, Germany, “ under review the total of both is strange and human char- shering the feast with those "The King showed consider-Demand, New York. 6256 items amounted to no

more woter is is constantly violating pablicans and sinners. On the able knowledge of many matters TT Bombay. then ́ ́ Y32,000,000,

one side there was sorrow and the effecting the workers generally, Demand, Bombay... Nom... showing probabilities, disappointing pre- "a decrease of Y2,000,000 dictions and refusing to ran in good things of this world; on the and his pointed references to the T/T Calcutta...****

Demand, Calcutta... Nom. on the corresponding period the channels obviously marked other there we joy and there was showed that he understood come of last year, and of no less out for it. So it is quite in socord Jesus. It is still the same accord of the causes of unrest in the Demand, Singapore. '11134

Demand, Manila 125- than Y41,000,000 on that of the with the infinite uncertainties of ing as we treat the 'call which labour world." year before last. This seems to be life and the endless surprises it came, comes, and keeps coming due to the fact that most of the affords that, when it comes to the all along the course of our life's companies contemplating a de- testing point, it is the "sint" experience that we rise up and benture isme made the imus. be- who refuses, the “sinner” who ac-

follow. fors last your on the money market pepta. The ruler went away; the

The Prince of Wales, recently becoming favourable for the pure publican arose and followed..

home on short leave, was looking pose as a result of the outbreak of 'It might have been otherwise ;

the pictare of good health. He war, while this year it has become sometimes it is. The hopeful

was quite surbarot and thorough- the fashion to issue shares at a pre- case may justify the hopes, the It is reported that the mani-ly 'ŝt.” His powern su's walker, mium, in preference to debenture promising character go from cipalisation of the electric enter- have increased, and he can do inues, in view of the increased strength to strength, and slav, he prisen in Ko be has been approved, long "distances. se tirelessly ne vaneral interest in stocks and that is filthy may elect to and a load will be floated to extend Lord Haldane, who used to walk

be filthy still. But in thin the electric work.

to Brighton

Kobe's Electric Enterprises. ·

"й. R. H."

***

On Haiphong 44% prem On Saigon .................... 4% prem On Bangkok ********* 5856

7.50 Nom. Gold Leaf, per plan 44.

Sovereign

Bar Silver, per oz.... 4134 ·

SUBSIDIARY COINS.

DISCOUNT PER $100: Chinese...20 cts. pieces 3.) Hongkong 20 cts, pieces Chinese 10

Hongkong 10.

Zdia. 3.7% dia. Far,

NOTICE.

DEAK TRAMWAY CO

LIMITED.

TIME TABLE.

146 PX

NIGHT CAKE

ADS 9 x 13

1100 J.M. øvery hall 2007.

13.00 2.30 to 11:45 PM. every quarter of an hour. BUNDATE:

BESANG DO 12.30 AM 19.30 AM. So 11.00 AM

19:00 Koon 1 Moon TO 10 23.

100 200 10 ENFL to 1.30PM to

Z.OIP.M. 6.30 2.3 4.00 2.

Svart 18 Mix

10 MIN

1. MIN

10 MIN.

I MIN

10 MIN.

-

10 km.

RIGHT CARE's on Week Days.

- KATURDAYS:

Our at Midnight

SPECIAL CARE

By Arrangement at the Company's Diɔce, Alexandra Brüdings,

Des Voeux Bo

** Betson and punch tickets available for all sars not already full, ranning at the time stated E the Company's time tables, but one for special 0922, AD be obtained on application at the Company's Office: Season ticket will b

and d) payment therefor baa brez zade in Bank Notes or by Cheque or Compradore order representing Back Note.

JOHN D. HUMPHREYS 400 53

THE CHINA PROVIDENT LOAN AND MORTGAGE CO. LTD.

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

Loss on Morteses of House Property, de Good recived an Storage, Advances made en Merchandise. Loane zrade on the Provident Systems.

SKUSTER, WXECUTOR OP. WELLS, AUTORENT, de. Undertakan sad Izaestad.

Cakes and Fardoulars on application)"

Se the Office of t SHEWAN, TOMES & CO.,

General ManaZOTE.

MARTIN'S

Authorised Capital ......£1,500,0гt · Subscribed

M

Paid Up

..

Reserve Fund

1,125,000

K62,5AL 600,001

BANKERS

The Bask of England

The London Loigt Stock Bask, Ilf

BRANCHES

Karachi

Galle

Howin

Hongkong Kandy

Port Lenis (Mauriston)

Bota Bhere Kuala LeBF',

Penang

Kangoos

hanghal

Spare

HONGKONG BRANCH.

Every description of Banking and Zachsan. business transacted.

Interest allowed on Carvest åccounts at a per came per annum on Daily Balances, and on Fixed Depo it rates which may be ascertained on application.

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE:-

35, Wall St., New York

LONDON OFFICE= 35, Bishopsgate, E.C. CAPITAL & SURPLUS, US” $6,300,0OB CNDIVIDED PROFITS US$1,010,00%

BOURAY EANTON

-U.A.' $7,310,000

BRANCHES -

КОВ

CALCUTTA LONDON

CEBU

COLON

MANILA

SANTO DOMINOS

SHANGHAL

INGAPORE

MEDELLIN TIENTSIX

YOKOHAMA

TAN PANAMA HANKOW PERING. HONGKONG SAN FRANCISCO

Through des close afiliation with The Nacione City Bank of New York, the Bank is able to od t Services of the Zreaches of that Tuasinon in Cathe South America, and elsewhere, or

BAHIA, BUENOS AIRES, GENOA, HATADEL MONTEVIDEO, RIO SANTIAGO DE CUBA. SANTOS SAC

DE JANEIRO PAUL, PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BÁNKING BUSINESS tracted.

CURRENT ACCOUNTS operad and PIXEL DEPOSITS received al rates to be ascertained se application.

GEORGE HOGG,

Mangu

Hongkong, 26th September, 1916

THE

YOKOHAMA SPECIE BANK

LIMITED.

Established 1880. Authorised Capital Yen(48,000,000 Paid-up Capital.. Reserve Fund................1.

#

30,000,000 21.300,000

Esad Office.-YOKOHAMA

Branches”!

Attung-Halos

Bombay Calcatta

Changen.no

Yangiten

Hankow Honalota

Tobe

Léo Yang London:

Lyona 1,

Log Angelos.

Tanglan

Agencies

Кин KOWEZWBDS New York

Peking

Ryoja Pon

Shangha

Klegsport

Testatio

Interest allowed on Oturans Accounts,

paovivad for fixed parločie at ručer se be

*

EISHT ONO, Manager,

Hongkong, 12th March, 1917.