THE HONGKONG TELEGRAPH, WEDNESDAY, SEPTEMBER 5, 1917.
COMMERCIAL
Italian Silk for America. According to New York talegram received in Tokyo, quot ed by the Jjf, the Italian Govern ment has arranged with the US Government so well the whol output of raw silk in Italy to the United States in order to get the wherewithal to pay for the sap plica Italy has obtained from the United States in connection with the war.
Indian Cotton.
NEWS
fidence in the cutside markets.
„Stocks in Osaïca. 100, and some firm inquiry orders The stocks of goods, stored in are coming down from river the godowns of the Osake ware points. The crop outlook is not house companies" again, show, an at all bad, especially in this increase, » The total raina:st, the district and while there is no end of July amounted to question but that the northern Yen 161,519,979, in iñorsaso of country has suffered severely Yen 17,759,234 orer the end of from foods, the water rises in the previous week. The articles Hanan and the Yangtze valley showing an înotesse are Korean
bui Deem generally
little rice, flour, woollen textiles, metal | of the ordinary out
B-manufactures, fertiliser, etc., nual foods of those dia- while a decrease is shown in According to a Bombay districts. With the watere srceding, Formossa rice, merine" products, patch received by the Spinning cuntry dealers are considering it | Indian" cotton, Japanese paper, Association, the row cotton safe to order for their autume | silk, etc. shipped at Bombay for Japan. quirements and these orders daring the first ten days of this month amounted to 18,000 bales. This brings the total shipments to Japan since the beginning of the year up to 811,000 balos. A telegram received by the Japanere merchants concerned says that the Indian Government bas iessed notification prohibiting the anaal weekly announcement of arrivals, stocks, and exports of
rew
colton
market.
ад
Manchurian Produce.
Charterers and Requisitioned ·
Vessels.
should read to increase as the crops are harvested; the backbone of the summer has been broken and thoughts can be diverted
In the Commercial Court, re- from the best to trade requirecently, the London Maritime
Stocks are mente,
Trading Or, Ltd., owners of the steamer Bio Colorado, brought an
aro
ΠΕΙΤΕΣ
for some time.
Rio
tion against the Rio de Janeiro Tramway Oo., the time charterers of that vessel, asking for a de- claration that they (plaintiff) alone were entitled to certain compensation money paid by the Admiralty in respect of the loss of the requisitioned steamer Colorado. Sir J. Simon, K.C., and Mr. Hogg represented the plain- tiffs and Mr. Roche, K.C., and Mr. Dunlop were for the defenc arts. Sir J. Simon said the plaintifs were the Landon Mer itime Trading Co., Ltd., the OWLSTS of the steamer
nothing in the interior and the few now offers that are coming acceptable down levels then What next month brings will be
#bea the Bombay seen
comes certainly there is a better feeling sil round. Cotton Yaro:-There is no business to speak of in local cotton and prices are again lowering toward a normal level, dropping this week by Tle. 2 to Tls. 3. Nominal quotations are:Shanghai Tls. 35, Tong chow Ts. 38. In spite of the lowering of prices of local or ao toward the close. October yarns by about Tls. 10, there. goods began at Y. 6.70 and were is practically no movement in Colorado. Os Jan. 5th, 1914, prae-ed up as high an Y. 6.10 in the spinnings and yarns general
bespe
No noteworthy changes were observed on the produce market at Tairen on August 18. Spot the priced in wero neighbourhood of Y 5.40, Septem ber beans opened at Y. 630. 10 sen higher than at the close the previous day, but eased one sen
at Y. 245.
ment
ད
she was chartered by
Rip
time
..
a few cases. November sad Dely are dead. So many s 150 charter to the defendants for comber deale had the starts of bales Indian b.ve been reported eight years, two months, and 18 T. 439 and T. 4.17, remain sold. Bombay is reported to have days. The hire was at the rate ing staticnery till the close. declined another Es. 6. The new of £1,100 per month, payable in Future bean cake was rather Bombay Shanghai freight rate on avance, and provision was made weak at the start, hat revived yarn has been fixed as from that should the reusel to hire or more or lees toward the close. November 1 at nearly double the lost a proportion of the hire paid September and October varieties present rate, being Ra. 70 per ton should be returned. War broke opened at Y. 1.68 and Y. 158 of 40 cubic feet measurement, or out in August, 1914, and a respectively. Bean oil remained a fraction over three bales. The question arose between the parties flat September goods opened at new rate on cotton from Bombay as to the effect of the st. On Y.17.50 and October deals began to Japan is as yet unsettled bat March 1st another agreement was at Y. 17 60. Kaoliang remained will probably be in the neigh-made between the parties, which unaltered, although a fair amount bourhood of Rs. 50.
modified the charter-party, clanse of business was done, Septem
American Control of from 5. providing that in addition to ber kaoliang had the start of Y.
and Steel.
the hire money payable upon the 2.40 and went through triffing.
A reported by telegraph, says charter, the charterers should be fluctuatione. October goods were herrd for the first time and began the N. C. Daily News, represents-paid a proportion of the net profits. tives of Japanese shipbuilders earned on any return voyage by the South African Wool. and importers went to Tokyo to steamer. On the outward voyage The Japeness Consol at Cape-memoralise the Governorat and the vessel was carrying out stores icwn sends the following die the American Chargé d'Affaires to the defendent company, and patch to the Foreign Office con- in regard to the urgent necessity would earn freight in carrying cerning the proposed requistion of getting unrestricted supplice any general cargo on the rea ing by the British Government of of iron and etee! from the journey, this proviso relating to United States. According to the dividing of these receipts. the entire clip of South Africsp
statement R
the Diepaten arose between the par- made by wool:- No decision bas yet been reached on the proposed delegater, the Japanese Govern. lies, because cerlain steamere, apparently saticipated bioh had been requisitioned by requisition owing to the farmers proving unexpectedly carespon- the American embargo on iron the Admiralty, the vessel Dow Hive. It is said that the price and steel even before the depar.in qgestion being one of thees cffered by the British Governore of the Japanese Mission, Tessela The Bio Colorado was ment represented an addition of beaded by Viscount Ishii, to requisitioned, when in Brazil, in 55 per cent. to the prices of 1913, Washington, and accordingly January, 1917, sad loaded with The farmers bold that that price atlaobed two high officials in the a cargo of wheat by the Admiralty is extremely low compared with Department of Communications to come to this country. On market prices, and some of them to the Miesion. On arrival at March 22, 1017, the ship was positively oppose the Government Washington Viscount Ishii, after Bank by a mine or a submarine,
conenitation with Mr. Bato, and the Admiralty said that having" strangement from partisan rea- sona, while o bere simply demand the Japanese Ambassador there, regard to the notios served on them an increase in the proposed price, will, open negotiations with the by the charterers in connection with their intereste ander the U. S. aatborities on the matter. The local sathorities have en- Doanced that the delegates of It is understood that the Japanese charter party, they could not pay sheep farmers will be convened authorities will endeavour by all over the enbstantial eam which seoare the they were due to pay (owing to in conference as econ as possible, possible means to to arrive at a final settlement of 350,000 tons of iron and steel their having insured the vessel "the question by somewhat raising already onder contract. In this againet war risks) unless they had the price at which the Govern connection, Count Tersuchi, the bank guarantee. The charterers Premier, is quoted in the Arahi as insisted upon their being given ment is to boy the wool."
saying:It will be impossible out of the proceede, suma which to ask the United States simply they alleged were due to them for the removal of the embargo, ander, the contract of charter. All that can be done seems to be party, and the court was
dater.mine for Beked to to ask for it in return some quid pro quo." The Pre- this claim was well founded;! mier's remark is understood by the Japan Chronicle to refer to imports over and above the quan- tity already under contract. In some quertere it is said that the pecoseary quid pro quo will be an anderisking by Japan to build ships at actual osat on behalf of the United States, a proposal which it is not expected bat Japanese shipbuilders will much object to. On the other band, bomever, it is reported that the Japanese Government has not yet come to any definite decision on this point, delegates of shipbuilders and importers eay that the American Charge d'Aires apart from diplomatic etiquette, was Taiy sympathetic to them, and pre- mised to do all in bis power to Desist them. It is said that the merchants concerned will contine their
The Shanghai Markets.
Thore is (suye the N. C. Daily Nees of August 21) somewhat of afeeling of more confidence in the piece goods Ruation market at the close this weɛk owing, in part at least, to the turn for the better evidenced at the Yaenfong sale on Thursday, though the market is distinolly quiet and bat little removed from the state of stage- ancy and dullness that has rated for some weeks. As has been said before, August is not a month in which to look for ectivity and any change in the market that woold point toward relief is taken sa a hopeful sign. While the two Fmaller auctions of the first half of the week sgain showed declining pricer and a lack of demand, blacks and fazoirs being down another two per cent. with greys and whites steady, there was welcome recovery at Yuenfong's when übiten were up two mros and greva and blacks three. Tuon foog Herings of blacks were sgain, redzoši, the whole anis ermprising some 550 package While things cannot be devoriber as other than quiet, there seems to be resson for thinking that thi porner bas bern turned and that, a straight course may now be sai" up the slope. There is more con
The
movements Entil their object in attained, while the Chambers of Commeres in Tokio, Osaka, and other principal cities will join the movement to acoale rate the settlement of the matter.
DOW whether
The object of the plaintiffs 'was to get' a decision that the compensation money payable by the Admiralty was limited to the value of the steamer, and was to be paid in the owners of the vessel. The formal Reclaration asked for was that all payments made by the Director of Trans- porta in respect of the steamer belongs alone to the plaint
Bad the defendants have no claim to receive it. After hesringean- sel bis lordship reserved jadg.
men'.
The touch of the Remington Visible models is a revelation to all operators, even to those who are most familiar with the light touch offormer Remingtons.
These latest Remington models are triumphs of light touch and perfect act- ion unrivaled in this res- pect among writing mach- ines.
The superiority of the 10 and II Remingtons in touch and in speed is a matter of simple demonstration. Strike the keys of one of these Remingtons, note the light, staccato touch. Compare it with the touch of another.machine.
Release the carriage and run it up and down the scale. Do the same with any other machine, Note the differ- ence. Note the light running Remington carriage. Note in everything the supe- riority of the Remington.
The exquisite design and workmanship of these Visi- ble Remingtons tell the story.
MUSTARD & GO.
SOLE AGENTS..
VISITING
THE HOME OF
PRIMO BEER
Stocked and sold by all Wine
& Spirit Merchants,, Hotels and Clubs.
'H, RUTTONJEE
& SON. Wins and Spirit Merchants,
་
HONGKONG SHARE REPORT.
6-SELLERS; SA-SALES; B.BUYERS; N-NOMINAL.
OFFICIAL PRICES. BANKS.
H. K. & S. Banks a.
MARINE INSURANCES. Cantons North Chinas Finions
BANKS.
BANE OF CANTON, LIMITED.
HEAD OFFICE, HONGKONG
INTEREST ON FIXED. DEPOSITS:
$570
П
3,
t. 100 $800
General $520
Transacted.
Banking
JOREIGN EXCHANGE and Business
Yangtszes
TL EX 79, $19
FIRE INSURANCES.
China Fires H.K. Fires
1.
$133 $300
For 3 Months 3% per annum.
SHIPPING.
$81
For 6 Months 4% per annum.
Steamboats
11.
$17
lados (Dëf.)
n.
$89
For 12 Months.41% per annum
Indos (Pref.)
D.
$35
Shells
b.
108/6
Ferries
LOOK POON SHAN;
Chief Manager,
2
REFINERIES.
Douglases
Sugars
H. K. Hotels Land Invest. H'phreys Est. K'loon Lands S'hai Lands West Points Reclamations.
E.
נן
$29
40/-
BANQUE "INDUSTRIELLE
DE CHINE.
行銀業實法中
Capital (34 Paíd up} ...Franos 45,000,000
(1/3 of the Capital subscribed by the
Chairmen of the
HEAD OFFICE: -
74 Rue Saint Lazare, FAHIS BRANCHES: PEKING. 8HANGHAL TIENTSIN HONGKONG, and SAIGON. BANKERS.
In FRANCE: Société Générale pour favoriser le Développement du Com- merce et de l'Industrie en France. In LONDON: Loudon County & West-
minster Bank, Ltd.
In NEW YORK : Redmand & Co. In ITALY: Babes Commerciale Italiana. Telegraphic Addreu: CBIBANKIND.
Interest allowed on Current Accounts. and Fixed Deposits, Terma en application. Every description of Banking and Exchange barinem transacted.
BANES
HONGKONG & SHANGHAI BANKING CORPORA,
Paid-up Capitali.
RESERVE FUNDS 1
Sterling
£1,500,000 at Zi-
-$15,000,000
Silver ...$18,500,000
$35.000,
$33 50o.00€
Reserve Liability of
Proprietors.$75,000,000 COURT OF DIRECTORS Hoo. Mr. S. E: Dodwell Chairmar, Boe. Mr. P.. Helyon-Denste Chain Hoa Mr CE Anton, F. C. Talcher, G.T. H. Edkins. Ins E. V. D. Pa, Eg. W. L. Fatoeder,
Webbay, Ge Complot,
A.
CHIEF MANAGER HoogRoN. J. ikaba, Bag? .theupbani Ers.
Landco Bakers-London Dounty are
Testminster, Limited.
Hostat-tuerest Abewed i
On Current Accounts at the rate of 1 pm co
12 Da the dally balanCA
ON YLIED DEPOKITS,
For 1 months, zi per cent, par ANDET), For 6
per cent, par naktis,
For is months & per cant pAK BETERAN..
'N. J: STABB,
Chief Manage
HONGKONG SAVINGS BANK.
THE Business of the above Bank he conducted the HONGKONG AND SHANGHAI BAMASHU CORPORATION Rules may be obtained co application
INTEREST
of deposits it allowed on the vahen
Mem monthly beload thine Đại
Depositors may transfer, at their opcions, calamon
of $400 or more to the Hongkong and Shaa Bank to be placed on FIRED DEPOSIT # 4. cunt. parantun
For the Hongkong and Shanghai Banking Corpat zioa
N. J. STABB,
Chief Manager, ·
THE CHARTERED BANK OJ, INDIA, AUSTRALIA AND CHINA.
Incorperated by Royal Charter (1)
J
TEAD OFFICE:~LONDON,
PAD.CF CAPITAL RESERTE FUND
RESERVE LIABILITY OF
FROPRIETOZEN
BOO, DEE
- mineral, 900, DAE
FORSIGN EXCHANGI and General Bachos!
·business pretected.
CURRENT ACCOUNT opened and TEKKE
DEPOSITE Rocchrat for i yene of Looter periods
Malabons
I
192
29
· MINING
Kailans
b.
Langkats
t. Is
Raubs
$2,60
Tronohs
25/6
Urals
321-
Government of the Chinese Republic)
Oriental Cons. b.
281-
"DOCKS, WHARVES, GODOWNS, &C. H. K. Wharves n. Kowloon Docks ith. Shai Docks
Board of Directors Andre Berthelot. General Manager A. J. Pernotta.
"$74 $119
П.
76
LANDS, HOTELS AND BUILDINGS.
Centrals
ኢ
b.
. $90 #941
b.
$38
b.
$6
AL
$33
b.
t. 75
b.
#77
$115
COTTON MILLS,
Ewos Kung Yiks S'hai Cottons b. Yangtszepoos. 5. Orientals
b. MISCELLANEOUS.
1,16) t. 14 £123 t. 5.25
t. 36
Borneos China Light & P..
$61
$4,50
Providents
b.
$736
Dairy Farms
$23
Green Islands
};
H. K. Electrics
D.
$7,10 $4816
H.K. Ice Co., Roper
11;
$149
b.
201
$104
PE
$6.00
Bomber
$9 ⚫cts. 90
Colomb
Dela
Calic
...
#13
I.
&
#6 86,50
MED AUTO 18:00 AJL 10
18.45. to
MOO & 10.00 AM 13,00 38407 M
KYURT 14 20:3
Penang
Hongheng
10 Mis
Howeb
Range
11 Кул.
Ihanghai
Xandy
18 SONG
10 MIN.
Fort Leeb (griles.)
Singapor
143 2.X
10 MTR.
$29
L... TO 1.15 10 6.000
1.16.
10 MIN.
LE MXM.
1.00 1.
10 MIN.
business transactad
perce
Steel Foundelen b. * Trams, Low Level D. Trams, Peak, old s. Trams, Peak, new n Laundries b.
U. Waterboats n. Watsons
Wm. Powells
| Morning Posts -n
CORRECTED TO NOON WEDNESDAY
SEPTEMBER 5, 1917,
|BENJAMIN & POTTS,
Share "and General Brokers,
Princes Building.
Tel. address: Broker.
EXCHANGE.
T/T Demand 30 d/s.
SELLING.
3/1
3/13
3/114
3/14
3/114
Nom.
.60 diß......
4 m/6.
TIT Shanghai......
T/T Singapore
T/T Japan.........
...... 13:14
143
F/T India........... Nom. Demand, India
Nom.
T/T San Francis-] 7314
co & New York) T/r Java/....................... 17434 T/T Marke.....
Tr France.
Nom. 42734
Demand, Paris .... 4.28
* BUYING.
·4 m/s) L/C........................ 3/216
4 m/s. D/P.......... 31214 6 m/s L/C
30 da. Sydney &} Melbourness!
3/24
3/26
30 d/a. San Franc-1 isco &New York!
7434
4 m/s. Marks
4 mi. France ......
Nom 4404 4.4614
6 m/s. Franca Demand, Germany.. Demand, New York. 7396 TT Bombay aunene, Demand, Bombay... Nom. TIT Calcutta
Demand, Calcutta... Nom. Demand, Manila ... 147 .. Demand, Eingapore. 1811⁄2 On Haiphong ... 54% prem On Baigonaten
32 prem On Bengkok.NOTH 4974 Sovereign. -
640 Nom
Gold Leef, per oz.. 38,20 Bar Silver, der nã. 4714
SUBSIDIA
- M. ROUET DE JOURNEL, Manager,
HONGKONG BRANCH : Queen's Building... Tel. No. 2352
5. Chater Road. Hongkong, 20th August, 1917.
NOTICES.
NOTICE.
EAK TRAMWAY Co.
LIMITED.
TIME TABLE
$00.0
NIGHT. CARS.
K30 PAL And » 22 930 KO
1200 war, every half hour.
stery quicior of a boar BUNDAYA:
· MÃO AM. TO MAN DO JEMBAN, 18 Then Hoon to LMT to
EP.X. to INTER
14.00 A.M. 1500 Knon
6.00 PLAC
ART.
1.00.
EVANT 18
18.
10 MIN.
16 4
15 MIN.
10 MIN.
-
LA MIN.
30 X 15.
MIGHT CAN8 s4 mi Wank 'Dayu' •.
KATURDAYS:
Beira Que at Mišsigis
SPECIAL CABE
By Arrangement as ché Company's Ottiin,
A Budg
2 Des Voeux Hord
"Son and panch tickets avaliable for all
• Murs cợt nirandy fall, rensing as the gizar maledi † in the Company's sin »› tables, but not for sgwrsal ears, own, be obtatud on appileation at vi Company's Office- Son Dcřet will be Sed antil payment theretur. has been made te Bank Notes or by Clusata or Comprariore order rapenemaating Back Noses"
JOEN D. HUMPRNETA & CO. V
THE CHINA PROVIDENT LOAN AND MORTGAGE
CO., LTD... (Capital Paid mp...$1,250,000.)
Lauas as Marsipage of Rosas Property, da Geode received on Storage Lēveness mada'co Marchandiem. Lesen konda as the Provident System.
TRUSTER, EXECUTOR OF WILLA, AZTORREX, ds. Undertaken ană Ezaniał. (Rates and Partheniars an application) - To the Office of SHEWAN, TOMES & CO.,
General Managers.
MARTIN'S
APIOLSSTEPL
rates which will be gooted on application
T. C. DOWNING
哼
Manage Hongkong, 11th April, 1912
THE MERCANTILE PANK OF INDIA, LIMITED
Head Office 15, Gracechurch
Street, London.
Autiorieën Capital......£1,500,000 Subsribed. 13
Paid T
Reserve Fond
BANKERS
1,125.000
562,58€
600.00%
The Bark of England The London Toles Stock Back, Link
BRANCHE-
**Kota Bhar
Kuala Lew
Medra
FONGKONG BRANCH,
Every daseptice of Banking and Lachey.
Interest allowed on Current Account's peranrur op Daily Balances, and on Fland Depen Atiates which may be saceptained on application.
C. CHAMPKIN, “
Acting Manager,
INTERNATIONAL BANKING
CORPORATION.
FEAD OFFICE:
55 Wall At... New York, ·
LONDON. OFFICE:
“ať, Dishpraznin, EC.
CAPITAL & SURPIUS U.S. $4,500,009 UNDIVIDED PROFITS U.S. $1,010,000
BONDAY CALCUTTA
CANTON CFBU.
COLON
LONDON MANILA MEDELLIN
PANAMA PEKING.
HANIOW FUERTO BONGIONG PLATA.
КОРЕ
PRAF P
US. $7.310,000
TAN PEDRO
DE MAIORIE. SANTO DOMISDE SAN FRANCISCO SHANGHAI BINGAPORE TIENTSIN YOKOHAMA
Throwab it one offintion with The NATIONAL CITY RANK ON NEW YORK, the Bank, is able so wter tre Services of the Breaches of meditation in Cars Sooth America, and laubers, tem
BAHIA, BUENOS AIRES, GENOA, HAFANA MONTEVIDEO, RIO DE SANTIAGO DE
JANEIRO CUBA, SANTÓS, BAO FAULO, PETROGRAD VALPARAISO,
All kinds of FOREIGN & LOCAL RANKINI PUSINESS trasacad.
CURRENT ACCOUNTS oposed and FIXER DEPOSITS received at satus to be ascertaland or application.
GEORGE KOGO,
Hongkong, 26th September, 1916
THE
YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Authorised Capital Yen 48,000,000 Paid-up Capital ..... ..
Reserve Fund......
2
4-36,400,000 21-300,000
Head Office.-YOKOHAMA.
Branche
Autong-Bains
Joy
Agabel
New
Galenti
w.Fork
ObAngel
Daiza
Eropa (For
Hardn
Arthu
(Desouk Bamady For all Lamecheyttan ·
Bebolala
Lobe
Bydney
COINS
and data may be séminated. Those who
Biserices
London
Tabling
Lyob
Log Angelos
DIECOUNT. PER: $100: Chinese...20 cte pieces 54%.
hinese...10
$dir.
Fongkong 20 cts, pieces 114% par. Hongkong 10
SMARTEN'S
mared slowed cas Current Announta. Deposte rostred for fixed periods at rates in bị - půlatma
TISHI: ONO,Manager, Hongkong, 18th July, 1917.
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