1917-08-22 — Page 9

THE HONGKONG TELEGRAPH, WEDNESDAY, AUGUST 22, 1917.

COMMERCIAL NEWS

“Rubber la „Warfare.

88

SOMO

ont

cro-

HONGKONG SHARE REPORT:

S—SELLERS; 84.—BALES; B.-BUYERS; N-NOMINAL.

OFFICIAL PRICES. BANKS. H. K. & S. Banks ss.

MARINE INSURANCES, Cantons

b.

Sugars

BANKS,

PHA ZANGU NA

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

Chief Manager,

BANES

HONGKONG & SHANGEAJ BANKING CORPORA

MATION.

Paid-up Capital RESERVE FUNDS:

Sterling

£1,500,000 at 21-

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

$31.500.000

Reserve Liability of

Proprietors..$15,000.00E

COURT OF DIRECTORS

Hea. i. S.; Dodez!!,- babywer, Hon. Mr. P.E. Helyar-Deceiv GORJER Hon, K. C. E. Anna, F. C. Botcb G.T.M. Zins.“ Not

C Gabbay, Base

D. Parr, Eg W. Farenden. Satu-

Compton, Ees

CHIE MANAGEM

MAXACER

Khəngbak. Herter E

Leaden Bankers-Laden Cornty use

Westminster, Limited.

Hongkong interss) Allowed «

On Current Accounts me, the esta vi 3 par deal,

sant on zba daily balanc

ON FIXED DEPOSI

•For 1 months, 27 per sent. I BILATER For é natt, If par cest, the MONSIE For as mouth par etc IKEM N. J. STABB.

Chief ManagOŁĄ

HONGKONG SAVINGS BANK,

$600

North Chinas. Yangtzes

$320 t. 140 $810 n. ex 78 $197) FIRE INSURANCES. China Fires H.K. Fires

D.

B

- FOREIGN EXCHANGE, and General Banking Buniness, Transacted

п.

$195 $300

INTEREST ON FIXED DEPOSITS:

E.

A.

Douglases Steamboats Indos (Def.) Indos (Pref.)

SHIPPING.

I.

For S Months 3% per annum.

$85

D.

$18

For 6 Months 4% per annum,

Shells Ferries

$101

$40 108/6 $99

For 12 Months 41% per annum

LOOK POON SHAN;

REFINERIES.

$96

Malabons

b.

*99

MINING

b.

8716

E

t. 146

B.

$2,60

25/6

D.

321-

b.

28/-

DOCKS. WHARVES,

GODOWNS, &C. H. K. Wharves » n. Kowloon Docks b. b. LANDS, HOTELS AND BUILDINGS.

$74 $111

£ 78

A,

1.

Ba

A

- $95 $10) $68 $6,25

$33

IL.

b.

D.

L. 77 $70 $115

Kailans

Raubs

Urals

801

ور

S'hai Docks

H.K. Hotels Centrals

Hiphreys Est. Land Invest."

Kloon Lands Shai Lands West Points Reclamations

9

5+

COTTON MILLS. Ewos Kung Yike

6, 1621 Shai Cottons

t. 15 Yangtszepoos

"B

which more hereafter, and besides foreign goods dropped from Taher balances in America, so as to The India Rubber World, says: them all the essentials of a metal) 95,481 in 1915 to The 68 958 in place them at our disposal, ber The call to sime has come, body floating in water, which 1916, dua mainly to be fall in present trade balance is so favour Army and Navy are preparing for muit be watertight in all it the value of ounso, the lassened able that gold has of Inte been action. Men are of little avail joints, while its bulkheads" minst importation of medicine and the flowing from San Francisco to without munitions and equip be packed as strongly as steam much smaller arrival of rice. Japan, and unless steps are taken ment, among which rubber in boilers to withstand pressure in Timber imported was valued at to prevent it, there seem overy one form or another has become emergencies, and, of course, large Tis. 11,780 which was just about likelihood of a good many more indispensable. Never until the amounts of bose are necessary. the level of the previous_year. millions going during the next few present international conflict bar Many, indeed, are the rubber re- The value of Chinese goods ex-months. Now, so far as we read, this sabatsace played" oh an quirements of ships that sail ported to Tonking reached Tis.the position, this movement

sportant part. Its manifold up- the

and BOLE,

стап more 11,866, a shortage of Tis, 3,600 seems a little wasteful, and to "Unions plications in modern warfare numerous those of the feet as compared with 1915. All items that extent regrettable. "Is the were described in detail by many which sails below the ocean's with the exception of groandant first place, Japan, wo far as we papers in the India Rubber surface. There surrounded on oil showed decreases. Kerosene are aware, is not at all in areas World, but the vital importance all sides by water, with pressure oil dropped by about

H. 50 need of the matal-some of it, of the rabber industry in equip increasing with every foot of sub. per седе, but there is but probably not mash, is goner- ping the Army, Navy, Air Service mersion, the most exacting necess" | evidence that this con-ally believed to find its way to and Bed Cross, second only to ity is the packing of all jointe, modity is being smuggled sorces India-while, în the second seming and feeding the nation's the use of gaskets on all batches, the border in ever inoressing place, the outflow of gold from fighting forces, warrants a sum around the inlets and outlets of quantition. There was

in-Amerios at a moment when mary of its many ramifications at the torpedo tabes, and the joint crease of over Tie. 10,00 in the that country is 15 greatly this critics time in American of the torpedoes themselves. There total revenue collection as Meng-extending her foreign affairs. First, we may consider the are many beffers for the doors, tez which stood at Tie, 345,735. dits, simply means that the equirements of an army, pre and packings to make them ao increase all the more gratify- Allies may be in the position of ared for canfict opan land. waterproof. There must be packing in that the net value of the baring to send more gold to Tc-day is the day of the ing around the periscops tubes, trade of the district showed a America to fill up the vicoum automobile, the motor-cycle and and around the lenses in them, droreave of Tis. 218,000. The cossioned by Japan's with- the motor track, the first two for and cusbions to protect the ab increase in the revenue is due to drawals. And, finally, by way of quick travel of individuals or erver's face from jars and bruises a thorough revision of the values indicating the desirability of kats small parties from point to point, when using these necessary tubea of goods effected during the year. some steps being taken, it may be Tranchs and the last to replace males to These submarines are unnally The value of the gross import pointed

that probably draw manitions and commissary propelled by electricity when trade during 1916 amounted some of the European Allies, Oriental Cons, wakgons and artillery. "All these submerged, and mach rubber to Tla. 5 595,894 which exceeded mors especially Rasia require tyres of rubber, a fact in is used for insalation, to prevent by

Tir. 200,000 the France, most now be needing itself by which is proven the laskage and short circuiting. Hun figures - for -- the • pravions, socommodation in Japan to almost absolute indispensability dreds of bardrabber battery jars year. Increases in cotton, pay for large quantities of of rubber in the progress of mast each have ite tightly fitted piece goods and foreign sundries munitions required during recent semise. In this one as, the rubber-sealed cover, and its en- such as hats, soap, towels, am-months. We cannot help think- manaiscture of tyres, rubber is closed rubber separators, while brellas, etc., more than made upling, therefore, that some kind of M-day almost important mach sponge rubber is used in for the serious falling off in financial arrangement might be As food and ammunition, for the elimination of gas and scid kerosene which dropped from entered into whereby advantage on rubber tyres every other fumes from these batteriee. The 1057.30 gallons in 1915 to could be taken of the extrem necessity is borne to the front, crews of some submarines are 485,550 gallons, owing mainly to monetary ease in Japan to rae Babberised fabrics are in argent provided with life-seving suits of the sharp competition of the loans, the proceeds of rich "demand. Waterproof covers for rabber to be used in the event of chaaper vegetable oils. As in might, so far as Fraud sad waggons, guns and gun carriages, disability of the vessel to rise to teresting decrease was in needles. Russia are concerned, he applied ára needed in great quantities, the surface. War consiste pri This trade ras origically in Ger- to payments of ind btedness. while ground sheets, tent cover-marily in the destruction of life, man hands but now the only for war material, wile. Great ings, pouches, and even accontre- bata merciful adjunct to all applies are of inferior Chinese Britain might make some arrange- menia are made of coated fabrics, branches.' of service

the make. Taken as a whole, however, meat whereby she obtained far- The manufacturer of sheeted hospital, be it in the field or on the state of the import trade was ther accommodation in the shape. cloth will find there are many abipboard. The readers of this healthy and but for the fl actastions of Japan's dollar credite in New uses in the Army for bis product, are acquainted with the many of exchange to the detriment of York. Such credits would werve bile new demands muss con- surgical sondries and appliances the importers the figures of thie the double purpose of directly antly present themselves for used in every hospital, which are trade would bare this class of materiala. The made wholly or partly of hard or ceptionally satisfactory viewed in change on London and at the ex-strengthening the New York ex- soldier must be provided with soft rubber. There is no need of the light of the present world-aame time of avoiding the gold haverack, and fastenings for the their enumeration ĥere. With wide dislocation of trade. Chineze shipments from America." same, and here rabber and fabric oar forces in action all each superports were down by nearly half Exports to Russia. are taking the place of leather, plies will be needed in great million tael, standing at Tle. The British Embassy at Tokio H. K. Electrics This latter material, advancing quantities. Rabber also plays an 9,387,913. but increased were to recently published telegraphic in- H. K. Ice Co.. in cost as it is diminishing in important part in the manufaer be noted in hides, beans and tes, formation from E. M. Consalate, Ropes supply, is last being replaced by ore of modern high explosives. There was also an important in- Harbin, to the effect that, accord. Steel Foundries b. rubber for the soling of boots and The chemicals used in their pro- oresee ander the beading of jag to a Russian Official Circalar. Trams, Low Level n. abces, and the claim is made duction 14quire careful headling. I medicines and it is interesting to the import into Rassis of gonds of Trams, Peak, old B. that the new fitre and rabber the besitb, sad often the lives of note that the main product of every description is probibited

Trams, Peak, new n roles have advantages not only of the operatives depend upon the Yanasa in this direction, namely, except under licnace from the

Laundriés. glova. aprons, ager wear, but of more flexibi-rubber

and t'ien-ch'i root, bae lately been the Ministry of Trede and Industry lity, and a waterproof quality not boots they wear. And if the subject of experiment by foreign or from the Department of the "possessed by leather. Trench materials are full of danger, doctors as to its potency in heal-Controller of Foreigs Imports. A warfare has made robber boots how much more so the explosives, ing wounds. Mineral principal- list of certain goode to be exempt necessary to prevent the serious when manufactured, and bere they saw decresees, the price of al from the operation of the pro- iliners that soldiere contract in requirements regarding metal antimony dropping from 1,400 to bibition may be published at u these maddy ditchre. To-day less footwear are compulsory. In $300 per ton and other metale later date, "Goods ehipped with. fighting is done not only on the 'sil "these branches of service in proportion

The year

at out the necessary permits are to land, but in the sir, on the water, there are vici-situdes when resne Tengyel was also and even beneath it, and aircraft, citation may be necessary.

are confi-cated and placed at the The successful oco. The total disposal of the Ministry of War. warships and abarines all aviator may may lose bie breath value of the import and export The prohibition is to enter into Y quite rabber in so many and because of rarefied atmosphere or trede Tis. 2,300.000-fell be operation three weks from the varied forms that it would be but wift descent; the soldier may bind that of the previous year by date of the receipt of the notifica- elight exaggeration to say that be subjected to gas attacke, the Tis. 600,000. A decline of over tion at the Customs Bouses con- none of these could exist without sailor to drowning, the submarine Tis. 12,000 brought the revenue cerned. the precious gum. No sabatanoe sailor to noxious fumes, and all collection to Tia. 50,271. The has been found which can replace) of thear to suddes, severe, value of imporm fom Barma fell

A report from Harbin to the rabber. in the manufacture nervous shock, which may be off by about half a million tsels, besd ctice of the Yokohama of balloon fabrica. While fatal unless artificial respira there being decreases in all the Specie Bank states that the the

double

fabric which tion is quickly available. The importans items with the excep-manipulations of the Rassisn forms the baga for dirigibles and many kinds of apparatus for each tion of kerosene and aniline dyes Guteroment in' prohibiting the "blimps" has not yet been made purposes are all more or less Export to Barms were down to shipments of roubles sbroed in absolutely impervious to the dependent on rubber for tubing, T., 678,000 as compared with order to increase the value of pagesge of garer, no other materie bags and inhalere. And here Tle, 747,000 for 1815..

Russian notes, instead of produc at which has otherwise been might also be mentioned the gan

ing the desired effeor, injared the considered practical, bas ap-helmete and oxygen breathing Japan's Gold Imports.

sentiment of the market so that s prosobed it in this particular. The apparates fornished soldiers "Is apite," remarks the finan-conspicuous fall was seen. Ap aviators wear rubber clothing. likely to be assaulted by gas cial critic of the London Mersing the time of the report, July 31, that they may conserve their attacks of the enemy. This is far Post," of the extent to which bundred you gold was equal to

odily eat when in the colder from being a complete list of the Japan bag drawn in the past on 204 roubles. and moré rarefied atmosphere of various forms in which rubber is high altitudes, and many of these required in modern warfare. Few suits are capable of acting as life if any, industries are more im- if the aviator falls in portaat ihan our own in the preservers, the water. Mach rabber is also present emergency. That the employed in the making of re- rabber manufacturers of Amerios spirating apparatus, enabling the are prepared to fill all these Birman to breathe while at these requirements is a source of estis great heights. That new faction in this critical period of invention, the stabilizer, re- the nation's bistory.

gaires rabber for insulation, pack China's Frontier Ports. ing and tubing, while every aero- In the trade retarne for the Flane uses tubing or solid rubber Chinese Maritime Qustome deal- for cabioning the operator'sing with the frontier porta for body from abock, and for protect- 1916 is given an interesting series ing exposed parts liable to of figures which show that even damage in alighting. The battle these places have soffered as the ship hea so many rubber require result of the war. At Lungebow ments that only a general mention the resalta again justify no fer- can be made. It is a habitation ourable anticipations of improve- for many hundred men, and, as ment. The yield of beans wAS such, needs all the appointments fairly good, rice and maize were of a modern botel or dwelling, medium, while Diseed with its, plumbing, its electric almost nil.. Revenue at Tio. 3,845 wiring, etc.; all the accessories of showed a falling off of 25 per chine shop, with its gaskets, cent. as compared 1015 and with gata waebere, its tubing; all the the exception of 1912 offquisites of a fortress, its shock the

Яprat absorbera ita robber carpeting: 27 seura record. of the all the filings of a hospitsi, of port. The value of the imports of

W38

W88

year

in

the

1

bron

60

Rouble Manipulations..

LA INSULAR CIGARS THE OLDEST CİGAR FACTORY IN MANILA

Best Quality Leaf. Best Workmanship.

Finest Aroma. Lightest, Colours,

Obtainable from all Cigar Merchants,

DISTRIBUTORS FOR SOUTH CHINA;

H. RUTTONJEE & SON.

BANQUE INDUSTRIELLE

DE' HINE.

行銀業實法中

Capital (4 Paid up)...France 45,000,000 (1/3 of the Capital subscribed by the Government of the Chinese Republic)

Chairman of the

Board of Directors Andre Berthelut General Manager A.J. Pernotte.

HEAD OFFICE:

74 Rue Balat Lazare, PARIS BRANCHES: PEKING. SHANGHAL TIENTSIN HONGKONG, and SAIGON. BANKERS.

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

minster Bank, Ltd.

In NEW YORK: Redmond & Co In ITALY: Banca Commerciale Italiana. Telegraphic AdCRIS: URIBANKIND,

Interest allowed on Current Accounta and Fixed Deponita Termis on application. Every description of Banking and Exchange barinem transteted

M. ROUET DE JOURNEL, Manager. HONGKONG BRANCH : Queen's Building.

Tel. No. 2352

5. Chater Road. Hongkong. 20th August, 1917.

t..134

S

t. 5.76

Orientals

*** MISCELLANEOUS. Borneos Providents China Light & P.n.

Dairy Farms

D.

t. 42

D.

$7 $4.50

n'

$7,90

11.

$28

Green Islands

0.

+$7

SA.

$1814

n. x. d. 8149

21,

$10

1

$6.20

$9

cts. 90

h. x. d.

$3

ПЕ

$13

D+

$6

我

£6,50

.

U. Waterboats Watsons Wm. Powells

Morning Posts

CORRECTED TO NOON WEDNESDAY AUGUST 22, 1917.

BENJAMIN & POTTS, Share and General Brokers,

Princes Building. :)

Tel. address: Broker.

EXCHANGE.

SELLING.

TIT Demand 3}} {{

6u d/s... 4 m/E

2/1114

2/1134

2/114

2/1:9

2/1134

Nom.

125

13514

Nom.

Nom.

T/T Shanghai.... T/T Singapore T/T Japan IT india Demand, India [/F San Francis-1

70 co & New York!

1874 T/r Java...art. T/T Marks.......... Nom. T/T France

4.07 Demand, Paris ...... 4.0752.

BUYING.

4 m/s LIC......... 31-44 4 m/s. D/P............ 3)-76 6 m/s. L/C 3-1/4 30 dis. Sydney &

Melbourne.....

30 d/s. San Franc«l

isco &NewYorkf

4 m/s. Marks

-7174

Nom

4 min. Francs ...... £.20

6 male, Francs ......

Demand, Germany,

4.25

Demand, New York, 70%

T/T Bombay .........

Demand, Bombay.....

T/T Calcutta........*****

Nom

Demand, Calcutta... Nom.

Demand, Manila ...

1394

Demand, Singapore, 125

On Haiphong ... 5 Dre

Op Saigon 5%

On Bangkok .........

Sovereign

52%

proc..

................ 6.75 Nom Gold Leaf, per oz...........40 Bar Silver, per or.... 44%

SUBSIDIARY COINS.

DISCOUNT. PER $100: Chinese...20 cts: pieces 19% %óíz Clifnese...10

13% %dim. Hongkong 20 ots, places, par, Hongkong 10

NOTICES.

NOTICE

DEAK TRAMWAY CO.

LIMITED.

TIME TABLE.

1.00am to

16.00 4.3.1 11.04 36 10

I GO

16. 10 115 C LIB. 10 1.00 PAL 10

TEE 'Eminess of the showy Zack is conduciend the HONGKONG AND SHANGHAI HANKING CORPORATION, Rates may be obtained pe applications

INTEREST of deposits is allowed on ante mem monthly balances at 8st per real, por DONE.

Depositor may transfer, at their open min of th00 or more to the Rongkong kinghe Bank to be placed on sheD DEPORTIN Cent, par FOTOES,

For the Hongkong sad Shanghal Banking Career

N-J. STABB,

Chief Managei,

THE CHARTERED BANK OJ INDIA, AUSTRALIA AND CHINA.

Incorporated by Beya) Charter This

HEAD OFFICE-LENDOR.

PALD OF CAPITAL RESERVE FUND RESERVE LIABILITY OF

TROPRIETORS

FOREIGN EXCHANGE at General · Bandar business transKIES. CURRENT ACCOUNTS creed and FIERI DEPOSITS received for year or shorter periods. ✔ rates which will be quoted on application

T. C. DOWNING

Manage Hongkong, 11th April; IFE.

THE MERCANTILE BANK OF INDIA, LIMITED,

Hand Office 15. Gracechurc Street, London.

Authorised Apital....1.500,00€ Bubroribed

Paid Up

Reserve Fund

- 1123.000.

BANKERS.

The Park of Epplend

*162,500 609,00€

The London Point Stock Eank, Link,

I.cebay

Calculie

Colomb

100 AN 20.00 11.00 AM

Krka 15 MIN.

Delhi

10 M

Galle

15 MIN.

Hongkong

18.457.2.

18 Mix.

Howrah

1.18 P. JAM.

10 MIN.

Kandy

136 PM

LQ MIN.

JAMIN

·6.00 ...

10 MAN.

MEGINT CANE.

EM PR, and 9 PM. 150 to

- 21.00 2.1. avury half hour. 11.00 to 11.4.

STATy quarter of an hour,

BUNDAYE.

AM to 34.00 20% 10 11.AM, to 1 Hoon to 18 736 100 IPAL NO 640236 40

10.30 4.3. $100A.M. 11.00 Noon 100 Fa 6.50 7.1

6.00 .. 4.30 PM.

EVERY 10 Min. 30 MIN.

16 M.

16 TA

10 MOL

16 KIN.

HIGHT CARS ar on Wark Deye

MATURDAYA:

Kurs Our Midnigin

SPECIAL CARB

By Arrangement at the Company's Office, Almurders Baldinga,

De Voens Road,

"BOMACH. And pesche deketa aral'abıla for ab may not already full, ruumitig at the time stated

·la sisa Ougopaby's time tables but not jay special Mas, ond be öblamed bo »pplication at the

·Company's Off-Xo S-úa ticket wil b lauad will payment therefor has been made Back Notes or by Cheyna or Compradora Orðar. TEDRMenting Back Nov.

JOEMD. HUMPHETTE & CO, SI

THE CHINA PROVIDENT LOAN AND MORTGAGE

CO., LTD."

(Capital Paid up...$1,250,000.) Locs on Moriches of Bones Property, de Goda rosived on orga

Advance trade on Marchandlas." - ZOHEN VENČA BE the Providant Sydess

TRUSTËR, EHECUTOR OF WILLA ATTORERY, ka. Undertaken and Massgled.

· ́Babes and Partları ot

To the Ortoni SHEWAN, TOMES & CO..

General ManAPSIR.

MARTIN'S

PAPIOL &STEEL

PILLS

A French Bamodzice si Zovedutasition.

jana anda. Jll Chaminda pni Mamu sal) Chang

MARTIN'S

APIOLASTEEL

BRANCHSE,

Fort Lewis (Matifes,)

Karachi

Xela Bhats

Kuala Lum

Pcheck

Rangoon

Stanghal

Angapor

HONGKONG BRANCH.

Every description of Backing and Exchang business transacted.

Intereat allowed on Curreal Actorbri ut e par com pay annum on Daily Ealances, and on Find Empow at rates which may be ascertained on application

C. CHAMPEIN,

Acting Managsi.

INTERNATIONAL" BANKING

CORPORATION:

HEAD OFFICE:

-45. Wall St., New York,

LONDON OFFICE: 1. Bishopsgate, E.C CAPITAL & SUBPLUS G.S. $6,500,00%

: UNDIVIDED PROFITA. U.S. $1,010,00

BOMBAY LOWIN CALCUTTA MANILA:

CARTON

CEBU. COLON BANKOW HONGKONG

KOBE

*Ú.9. $7,510,000

TAN PEDRO «

DE MA ORIS.

MEDELLIN FANTO DOMINOS PAKAMA

-PPKING

PUERTO

PLATA.

PRAN D

SAN PRAVCISCO SHANGHAI

SINGAPORK

TIENTSIN

YOKOHAMA

Through, fre close affliation with The Natio City Bank of New York, the Fat is able to offer tax s Services of the Beaches of ther Izcitoties is Cab South America.

BAHIA, BUENOS kare, zavedly

AIRES, GENOA HAVANA: MONTEVIDEO. RIO SANTIAGO DE CUBA. FANTOR SC DZAKEIRO FAUL2, PETROGRAD VALPARAISO,

All kinds of FOREIGS & LOCAL BANKING BUFINTES transacted.

CURRENT ACCOUNTS opened and FIXEX DEPOSITS received al rates 16 bu macartaland or application.

GECEGE HOGG,

JADREN:

Hongkong, 26th September, 1916

THE

YOKOHAMA SPECJE BANK

LIMITED.

Established 1880. Authoriard Capital Yen 48,000,000 Paid-up!Capital ... f. 36,000.com Reserve Fund................ 21.300,00% Bad Office-YOKOHAMA

Branches Anburg-11af Boobay Calcutta Changeliun TALINO Pengilan

Narin

Hankow

Liao-Yang

London

Lyony

Log Angulos

Taingiau

and

Ageles

Hawebwas New York Paking Brojna Pon

Arthur

Kan Fran

Shangha

Sydney

Kingapore

Taning

Tenante

aerest sllowed on Garzant Accorate, Depóstur received for fixed periods at rates to be obtained

* applications

FISHI ONO, Mausger,

Hongkong, 18th July, 1917.