1917-09-04 — Page 9

COMMERCIAL NEWS.

Shanghai Coal Market. "Mes-rs. Wheelock & Oo, in their Coal Market Report, dated Shanghai. August 16, state:--- Japan Coal-Our local market | has improved slightly during the past two weeks but there is still a very wide difference between the ideas in prices of sellers and buyers:latest · reports. from Japan are to the effect that the market there is very active, capesially for food quality coal, for instance; the price of best quality lump has gone up to

THE HONGKONG TELEGRAPH, · TUESDAY, SEPTEMBER

THE WINGED VICTORY.■ll their faculty' of “Sabwaar- PSALMS OF VENGEANCE.

The Possibilities of a Great

Aerial Fleet.

merei"; its untold possibilitión led them on and held their minds enthralled. Had they had no | Zeppalina they would have per- ceived more clearly the vast pos- sibilities of the seroplane, they would have brought to bear upon it their admirable power of or gavisation, and their great cap city for work, and the war would now have been in a hopeful phase for them.

much more

"Most Un«Christlike.” Passages to be Revised.

Keen opposition was roused in

the Lower House of Convocation

رهاد

HONGKONG SHARE REPORT.

6-SELLERS; SA--SALES

BUYERS; N-NOMINAL

OFFICIAL PRICES. BANKS.

Writing in the Dasly Chronicle, Mr. Arthur Lynch, M. P., say:

Even as the Greeks of old

at the proposal to omit certain M. K. & S. Banks aa.” carved that delicate and immortal meter picas, the Winged Victory,

passages from the Poalter as used .MARINE INSURANCES. in charobse. These passager Cantons se a tribute to their own prowOOL,

Our authorities had no Zeppel. are described as uncharitable and North Chinas go when this war is finished in. Those they tried to construct vindictive, and the omissions Unions there is ample time to mediate in imilation of the German were bave already been sanctioned by Yangtszes the project the Allies will strike nothing to bosst-of. But they Upper House.

The Dean of Canterbury said China Fires. will be found an aeroplane. One and complete contemplation of that the denunciations of wrong H. K. Fires by one, other avenges of victory the possibilities of the instrument doing and the calls for vengeance have been successively closed ay that they mey yet hold in theirs contained in the Palme were the process being sided by that hand. We have had a earies of in many cases peculiarly appro Douglases quality of mind which used to be tentative (fforts to create an Air priste to the present time.

a medal, on the obverse of which have not yet risen to the clear

so much venated in time of peace, Board, and we have not yet

Steamboats

Yen 18.00 f.o.b. shipping rort. The rates for eteamers on "time charter" for casting trade are still going op and the average of the latest fixtores in Yeu 28,50

Canon Aitkin said that may indos (Pref.) per D. W. ton a month so that but which amid the stress and arrived at an Air Ministry. The of the parages were "most - Shells nue mast expect to see prices in violent crises of war seems hardly difference is essential. What I Christlike in character," and if Ferries Shanghai go still higher. Foebe distinguishable from stupidity. bave in mind is not merely the Germane bad steeped their hande Goal:-No change, Kaiping I mean that conservative habit fall development and perfection in infant blood it was for us to Cos!:-The market hae, as usual that tenaciously resists the en- ment of the Air Service se sabei- pray, "Fther, forgive them." Sugars at this time of year remained trance of new idea.

diary to the Army and Navy, To use each expressions as "May quiet, and although deliveries under contract have been regular |

If I speak in this somewhat but while leaving thess services I dip my feet in the blood of my there is little, fresh business to impatient tone it is because I in fall control of all that is neces-enemies," or May his children Kailans report. Those making enquiries mention it se making me free of sary for the beat employment of be fatherless, and his wife a in regard to the prospects of re the field. I advocate in the main such weapons, we must also open widow," was an insult to the newing contracts are much sar-bold lines a plan which the our minds to this ides: the crea Divine Majesty.

"The Palms are a mirror of prised at the upward trend of the Government seems at last, after tion of a great new striking arm

in the shape of a fleet of aero- "human nature which is precisely freight market and prices intim-three years of war, to be putting ated Josva

of into practice, or at least for which planes, built on the analogy of the same to-day se in the time of chance по

The the sea fest and extending in the Pealmist," said she Arch H. K. Wharves b

GODOWNS, &C. immediate business.

it is preparing the way. plan, in brief, is to concentrate diversity of type in strength, and deacon of Sudbury. "To omit the Kowloon Docks n on the Air Service, not to be con-ber to degree of power righteous call for vengeance is not S'hai Docks tent with superiority over the hitherto andreamed of-at any only to misrepresent Christianity, Germans in casual contesta or in rate by the official mind.

نه میبد

Shanghal Freight Market.

"

to

$29

1917.

BANKS.

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and Banking Business

INTEREST ON FIXED DEPOSITS:

BANQUE INDUSTRIELLE DE HINE.

$589

$320

n.

t. 100 $800 n. ex 73⋅ $191

General Transacted.

FIRE INSURANCES.

....

1.

$133 $300

SHIPPING.

1.

Indos (Def.)

n.

#81 $17

883 $35 108/6

For 3 Montbe 3% per annum.

For & Months 4% per annum.

For 12 Months 41% per annum

По

LOOK POON SHAN;

Chief Manager,

REFINERIES.

Malabona..

12.

$92 $29

MINING

40/-

£14

$2,60

25/6

Urals

$2

Oriental Cons.

b. DOCKS, WHARVES,

281-

Board of Directors Andre Berthelot. General Manger AJ. Fernotte.

$74

#1133

t: 78

LANDS, HOTELS

whole moral feeling of the country."

AND BUILDINGS. Centrals

b.

#90 H.K. Hotels b. x. d. $941

b.

$87

b. & sa.

2

$33

b.

West Points Reclamations

b.

D

€ 75 $77 $115

COTTON MILLS.

bat to fall out of touch with the

"

Mesars, Wheelock and Co. in their Freight Market Report, dated Shanghai, August 16, state: the general work day by day of Will the present Air Board -Sailings for United Kingdom the Air Service, such as scouting 2000mplish such a work? I hope ports continue to be few and far and directing artillery Ere, but so, but I have no confidence. It In the main, the revisions sa is trae that the private conference approved by the Committee of between in consequence of which recognise that the aeroplane arm, the export trade remains exceed-if sufficiently developed, with Lard Cowdray and the other Revision were adopted. ingly restricted. There seems to opable of deciding the grest members of the Air Board was be no likelihood of an increased turning events of the war. reassuring. One can say thai amount of tonnage being available

Connected with this projot much without betraying con in the near future. As regards mast necessarily be that of erfiences. I suppose for ex cargo for New York via Panama periment and invention. Ideas perienced Parliamentarians enter-

J

Langkats Raubs

Tronohs

•

and vest

'phreys Est. K'loon Lands Shai Lands

8. t, 162

Kung Yiks 5. & b. t. 144.

Distinguished Visitor. Sir Herbert Daring, British there is no tonnage in sight until of genius cannot be commanded led the room without expecting Shanghai laer week on his way S'hai Cottons

Minister in Bangkok, arrived in Ewos about the end of September sad by any organisation, however [that the statements would be to make a holiday visit to Peking. Yangtszepoos

reassuring. Daring the years we

at Exceptional means must be taken bara. been.

War I have 1899 to 1907. For Pacific Coast there are a couple of extra bosts on the to throw out a sort of intellectual heard many statements on behalf, berth for end of the month network that will catch these of the Air Authorities, and I bat they have practically filled ideas and bring them at length have never known one that was their allotments and rates are firm to the test of experience. The not ressuuring. Yet it has been the

Horseflesh 38. Per Lb...

Orientals

b.

t123

6.

t. 5,25

b.

4.36

MISCELLANEOUS.

Borneos

$6

B1.50

b.

$712

60.

823

sa.

$7.10

2.

$481€

Ith

$149

b.

Providents

$261

行銀業實法中

Capital (1⁄4 Paid up)...France 45,000,000 11/3 of the Capital subscribed by the Government of the Caluese Republic.)

Chairman of the

HEAD OFFICE:

74, Rue Saint Lazare,1PARIS A

BRANCHES: PEKING. SHANGHAI, TIENTSIN HONGKONG, and SAIGON

47

BANKERS.

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

minster Bank, Ltd.

In NEW YORK: Redmond & Co. " In ITALY: Banca Commerciale Italiana. Telegraphic Addr: CEIBANKIND.

Interest allowed of Current Accounta and Fixed Deposita, Terms on application. Every description of Banking and Exchange business transacted.

M. ROGET DE JOURNEL, Manager,

HONGKONG

BRANCH:

Tel. No. 1352

Queen's Buliding.

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

NOTICES.

NOTICE.

DEAK TRAMWAY CO

LIMITED."

BANKS

HONGKONG & SHANGEA)

-BANKING CORPORA

TION

Paid-up Capital inici RESERVE FUNDS.

Sterling

£1,500,000 at 27-

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

,008,oba:

Reserve Liability of

$33 500,0 Proprietors....$15 000,00% COURT OF DIRECTORS.

Hon. Mr. B.; Doćwei);-(dairmer, Hon. . . K. Helpor -Depere Chatra J Hon Mr.CE ARIDE, F. C. Butcher, 160. „U.T. M. Zákion Mac

C. Urbbay, Kob

E. D. Part, Esq. Lattendee. $50. A. Compres, Es

BESTEEK Z2180)

Henges-N.. Deabb, .

MAKLOKK Shanghai.. Stephen, He London Banters-London County and

Westminster, imized

Houstong-Interest Allowed.

On Current Accounts at the rate of 1 pes CARE,

BADUM ON the daily balune,

ON FIXED DEPOSITE.;

For a months, 3) per cent, per kopya. iFor mooths,per cent per a

For is months, per cent, patacos

N. J. STABB.

Chief Manage)

HONGKONG SAVINGS BANI

THE Balms of the above Bank la conducent). the HONGKONG AND SEANGHAT BARKIN CORPORATION. Rel may be obtaiose on application INTEREST on deposits is allowed on the mar Inta monthly balances al 38 per cent, por a

Depositoes may transfer, xt chair option, balanc otton or mors to the Hongkong and Shangha Bank to be placed 92 FIXED REPORT # # con per nom.

For the Hongkong and Ebangkal Banking Com tion

N. J. STABB

Chief Managei.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Boyal Church th

HEAD OFFICE-

LONDON.

FAID-UP CAPITAL, RESERVE FUND

RETKEYE LIABKANY OF

РЕОРЕПЕТОНА

FOREIGN EXCHANGE and Gend. Some badge Lanmetal. CURRENT ACCOUEFI opened 'sad' FIXES DEPOSIT received for 1 year or swertes periods. cates which will be quoted so application;

T. C. DOWNING,

"

Manage Hongkong, 11th April, 1912.

THE MERCANTILE BANK OF INDIA-LIMITED.

*(Head Office 15, Gracechurc

Street, London,

Authoria Capital £1,500,000 Subscribed

Paid Up

Reserve Fund.

EANKER

1,125,000

562,58

600,000

The Eart of England The London Tolot Stock Bank, Limitati

·BRANCHET

Karach

$30 $6,00

Catcoun

TIME TABLE.

Colomb

cis, 20

Delbi

Galle

b.

$8

4. A to

ZYILE IS MIN.

Hongkong

10.00 £

D.

$18

Howrah

14.000

LED AS

20 MON

Kandr

$6

6.

n..

$6.50 829

145 PM.

13 SOM

1.167.

10 MIN.

$.00 7.

LS MEN

3.00 PM

CORRECTED TO NOON TUESDAY SEPTEMBER &, (817,

NIGHT CARE

BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

Tel. address: Broker.

EXCHANGE.

Horse Rosh in Vienna is costing China Light & P.. at Gold $50.00 a ton for general aeroplane is still fall of mysterice pride of the Authority, speaking 38. & pound, aine times the peace. Dairy Farms cargo. Coastwice; -The coasting and surprises. The principles of six months afterwards, that he price. Usable to get beef or pork, Green Islands trade bas been rather dall during its constraction are for the most has discarded much of what hiem reaple are subsisting of H.K. Electrics the past fortnight but the demand part empirical; that is to say, is predecessors had done and had remeat alone, without vege H. K. Ice Co.,

Ropes from Yangize Ports should com is only by experiment and trial improved the rest beyond recog: tables or bread.

Steel Foundries b mence very abortly and should that we can form an opinionition. Lord Condray himself excellent chairman,

Trams, Low Lével n. have a bandesing effect on rates, as to the best types, either made an

Trama, Peak, old s.. As regards the bean market in in the general design or in simple bat impressive in manner, bring the matter home by a Trams, Peak, new.n. the North the situation it Dalny regard to the hundred details businesslike in method, clear in familiar exemple, a man might be Laundries has been relieved by extensive that make up the machine. An statement. But Ljudge by the sa sccomplished and brilliant U. Waterboats arrivals from Viadivostock, improvement in any one detail great outstanding fact that where athlete, and yet if you were asked Watsons predicted in car last. For the may make the difference of a few as the enormone possibilities of would you put him into the ring Wm. Powells United

miles per hour in speed. The con- the air should have been present to fight Jack Johnson for the Morning Posts Kingdom:-The "Ateula Mara" is now advertis-quences of that will eventually to the minds of the organisers in championship of the world, you ed to sail for London on the 21st be found in the casualty lists, not charge from the beginning, that would—well, you would revise inet. For New York via Panama: merely the casualties amongst they should have beat every your standards. Briefly, I would No tonnage is in view until pilote, bat in the killed and energy to their task and have fix the responsibilities for all this. end of September.

wounded in the big pushes. The evolved even the creation of new I would have a complete over aeroplanes are the eyes of the means of production and new haal. I would direct the immedi- Shanghat Share Report."

Army.

methods of procedure, that they ste establishment of an Air Meers A. L Andersco, and

How do the Allies stand now se ought to have held continually Ministry, and 1 would indicate in their Weekly Share against the Central Powers? In before their eyes as their objective a larger scope the main lines of Ch., in Circalar, dated Shanghai August the personnel I believe that both the one sure avenue to victory, its task. It is not too iste; it will 25, state:-The rise of each the British and the French are we have had at best the fair aver- be HOOD. penny in exchange exbibita superior to the Germans, and age of a routine department, and Vention of the air raid brings grester and greater deepe of this may be said without dis we have been content with a about the question of reprimis, The word reprisale is itself ambiguous. dallness, notil now there are paragement of the great qaslitien relatively poor result.

There are all sorts of ways of If by reprisala is meant the most no market movements to desand at times the extraordinary cribe nor indeed any market to brilliancy displayed by the explaining for instance the Ger vigorous and determined counter. move. The steady drain on the enemy. But, in addition to the man air raid on London; but it action I am all for reprisals. It T/T Shanghai.... fande of the port esased by the control of mechaniem, the British game and it will be repeated, and would be even well to stretch I/T Singapore choepoems of gold is fast lowering pilots have added the fine feather I say that there was within point, in departing at times from T/T Japan... you farther the prios of our of the sporting quality and the the power of the Government the the strict lines of a military | C/T India leading securities, and the same French their seat, and moriancy, means of making each raide correct plan, for the paychological Demand, India danse coupled with a decline in and on the whole the balance impossible, the means not merely factor counts for much in war. T/T San Francis- the value of the raw article is reste on our side. Ae to the of gaining a superiority over the Moreover it must be candid co & New York

caring the would-be buyer machines themselves, the contest Cermane, but such a complete ly recognised that these Ger. / Java sway from rubbers. With the might be likened to a long- and overwhelming predominance man raide, as for instance, Inwer price of yarn interest has distance race when one competitor the not a German seroplane on London, have a military value, Demand, Paris isded away from cotton but the leads for a time, finds himself could dare to show ita noso above and in some circumstances might ssbow must be fanned into a flame overtaken in a sport by another, the boris.

have a great military value. 4 m/s. 140..... I know that many of the great Therefore in this sense let us m/s. D/P sometime before the end of next regains his position"once more, month to allow of the heasy loses it, and still struggles on, for anthorities will langh and sneer have reprisals, and with plenty 6 m/s. 14C commitments for that month the goal of perfection is yet far at sach suggestions, That mere- of ginger and dash. But if we 30. dls. Sydney & being unloaded. Today's opening off. The British types of machine Is gives the standard of their own mean by reprissin hitting below

Melbourne...ce) rate for T/T on London was 4/6; are more numerous then those onlibs. Suggestions were laugh- the belt, killing German babies 30 din. San Frang- but 4/61 sad perhaps bieber has of the enemy, and of late ad and savered at three years ago simply because the Germans have 1800 & New York/ winde heen dons; the Dollar rate they can claim distinct which it is now their pride to put killed English babine, then I see

4 m/s. Marks baing 72 25.

superiority; that is to say, in into execation. Judged by criter nothing whatever in any sense regard to the machines which are ions of this kind, how can we be to be gained by such conduct. Tendency seem downward the best, for a considerable pre content with the Air Board? I This was is not being fought Demand, Germany--- owing to Boush selling hedges" portion of out-of-date types are for one am discontented that is in out in a closed room. Is is Demand, New York. 7311⁄2 selegraphed the New York agente still employed | Again, without merely su Air Board; for that al- the spectacle of the world.IT Bombay ******

Demand, Bombay... Nom. of Merers, Tais, Sons & Co, on discrediting the German talent of ready indicates the crippling of It was the foul play of the TT Calcutta August 22, quoting March futures inventiveness, it may be said its fanctions. We must face this Germans mainly and not super- Demand, Calcutta... Nom. 28 48 centr. Beater's Liverpool that both British and French are fact, that blunders of any kind do iority of British diplomacy that Demand, Manila ... merket quotation of August 23 is more fertile in ideas than the not simply mean the inconveni- brought in America, Reputation Demand, Singapore. 130 a follows for middling American Tenton-I think the Celtic infosences that might result in time of is of great importance. Leave On Haiphong.........

5% pren oofton:-/

ion bas sided thm-but the peace; they do not merely masa the foul blows to the Germans, it On Saigon 5 prem. Spot....19 '04.mathodios!, wallstriped brain the lose of tene of thousade of is they who eventually will suffer. On Bangkok ..................... 504 August-September...17571, of German engineers are good bright young fiver, they mean. In this respect I recall the im: Gold Leaf, per oz... 38.40

6.45 Hom Sovereign October November ..... 16 854, for adapting and improving the that while, the soles are still pression made on my mind by or Silver, per a 47 This shows a drop of 10 points invations of others,

trembling in the confleet of Rome some brief bat telling words of a on spot for the week when com The one great invention of the and Carthage, incapacity, however gallant seaman who in s member pared with the prices of Anong Garmens in the sir world has, be popolar or influential may dip the of Parliament, Mr. G, A. Frano,

SUBSIDIARY 'COINS, 18:19 901., 18:37d., 17651′ the irony of fate, proved the soule towards Carthage, The, who called on the House to soora A Bombay repot quotes good salvation" of the Allies. I mean | Aid Board, its creators and... its mean tricks and to fight like men, bosch cotton, at R4, 456- per the Z-ppelin. The Germans were revilora, þave been found wint-- Benys words like thas intresse khandy for April delivery and hypnotised by their Zeppelin. In ing. I do not men that they are our respect for the British Bengal January Rs. 348.

real

greatnem : asiled forth noi all expellant man, but, to charroter,

American Cotton.

•

KER 01

da man, and 9, 2.x. 9.30 LO

2100 136 every belt bour.

BLUD FM. 40 13.40 F.M. every quarter of an hour, SUNDAYS:

30 Mix

156 M.

10 MIX.

10.30 AM Ear 16 MIN,

11.MAK. to FLOS Moon That Rocks to

109 P 1.00 to 5.30 73 £20 13 40 4.00 2.3

Port Loola thartidai.)

Kota Eber

Kunta Lampe 11 1.

Madras Penang

Rector

Singaporn!

`PONGKONG BRANCH, Every descriptios of Banking and Eachuaj. business transacted

Interest allowed on Current & costs at a pe pers on Daily Balances, and on Fixed Depos

at rate which may be ascertained in applicazion

C. CHAMPKIN,

Acting Manager,

INTERNATIONAL BANKING.

CORPORATION,

·FFAD OFFICE = '

1 Wall "Nuw York.

20 M2.

I ONTON OFFICE.

FIGHT CARS saan,Week Days

KATURDAYA:

Has Dar al Mlingha

SPECIAL CARE

By Arrangement at the Company%: Ofa.

Alexandra Buildinga,

Des Vs Bond.

* Basson and ponch tickets available for all mars not already full, running withe rinse matod W the Company'a tima sabien, but not for spasta, sees, esa be obtained on application at the Company's Office No Sowon sicket wil be visać metit payment therefor, ban been sunda IN PARK MOM or by Chaque or Compradors

Ger openciling Bach:

18 230 da

BELLING.

31-14

Demand 30 d/6.

31-7%

3/1

60 d/s. 4-m/n

3/11/

-3/134

Nom.

13014

142

..............

Nom Nom.

73

1736

Nom 4.2434

4.25

BUYING.

3/1%

3/2

3/236

3/26

744

Nom 381

T/T Marks...........

France

4 mia. Francs

6 m/s. Franos .......... 443)1⁄2

345.

DIBOOUNT PER $100 Chinees. 20 cia, pissos Chinese...10 Hongkong 20 eta, piscer Hongkong 10,

JOHD. His &00

THE CHINA PROVIDENT LOAN AND MORTGAGE

CO. LTD.

CAPITAL & SUPPI VSM UF, $6,500,00%" UNDIVIDED PROFITH US. $1,010,000

BOMBAY

לשאול

TTA

CFBU COLOR HANZOW

-ŪS, $7,510,000

LONDON FAN PEDRO

WANITA MEDELLIN

PANAMA PTTING

PUERTO

HONGKONG PLATA

КОДРЕ

TE MAORIF. BAXTO DOMIXD

SAN FRANCISCO SHANGHAY BINGAPORZ TIPHTSIN YOKORAMA

REAN PPS.

Thome is low flirion

with The NATIONAL CITY BANK ON NEW YORK, the Fank is able to chore Strvices of the Branches of that nefiion in Cvs Boad America, and elevbera, nam*}*—-

BAHIA, RUENOS AIRES, GENGA, MONTEVIDEO. SANTIAGO DE CUBA, PANTOS, PAULO, FETROGHAD VALPARAISO,

012

All kinds of FOREIGN & LOCAL BAXKIM BUSINFAS transacted.

CURRENT ACCOUNTS opened and FIXE DEPOSITS received at raise to be ascertained ar application.

"GEORGE HOGE,

(Capital Faid up...$1,250,000.) Hongkong, 26th September, 1916.

Loans on Morteigs of Hous Property, Ja Decide rondvad on Bangs,

Arazen zonde oo Merebazillas. Lorna TosŐe as the Provideat Syrian

TRÜFTER, EXECUTOR OF WILLA ASTOLMET,le Undariakan ant Nemesini, Babes and Parkanlars on appliassion The Off of

SHEWAN, TOMES & CO..

General Manavera

MARTIN'S.

2

APIOL

„ASTEEL Laza PILLS

6) MARTINIS AT

是

THE

YOKOHAMA SPECIE BANK

LIMTED.

Established 1880,

Authorised Capital Yeo 48.000.000

Paid-up Capital ... -$6,000,000

服务

Reserve Fund............ 21.300,000

Head Office,-YOKOHAMA

Branches

Bombay

Changchun

Delray

Fenghien

FISHI

How Youk

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