THE HONGKONG TELEGRAPH, WEDNESDAY, SEPTEMBER 12, 1917.
COMMERCIAL
Reported Chloese Embargo on
Iron."
From Shangbai it is reported that the Chinese Minister of Agri- culture and Commerce has taken stepe to prohibit both Chinese and foreigners newly undertaking the exploitation of iron mines in China for the duration of the war.
NEWS.
Rubber Dividends.
Russian Import Embargoes. An'anrouncement by the Japan- ene Foreign Office maya that with reference to the new Russian prohibition of the import of for sirn goods, the Japanese Ambis sador in Fatrograd, in reply to an inquiry, in assored by the Russian Government that the new pro- hibition does not affect the pro
Hankow Plece Goods Report. hibition of the import of private
The weekly circalar of the goods vis Vladivostok and the Hankow British Chamber of prohibition of the import of Commerce of August 29 reports faxaties which were previously as follows on the yarn and pieos promulgated and neither of which goode market:-Bariness is still have been revoked. In consega-quiet in piece goods, with no ence, it is added, the exception to demand from the country. Prices the previous import probibition of whites and fancies remain in regard to goods for consump-steady, but greye continue to fall tion in Visdivostok and neigh- owing to reduced first costs in bourhood is still operative as Japan. A little forward bosiness | Langkat
has been done. hitherto
Duty-Free Matches for Russia, The Japanere Consal Geners!
|
Alma
Shipped to London
4
Cocoannis Rainfall
Permata (for July) Rapah
|
***
17.432/
More Japanese Shipping Companies.
•
:
HONGKONG SHARE REPORT.
BANKS.
7:
BANK OF CANTON,
LIMITED.
KEAD OFFICE, HONGKONG.
8-SELLEES; SA---SALES; B-BUYERS; N-NOMINAL.
BANKS.
!
OFFICIAL PRICES.
-$575
11.
11.
I.
B
$320 t. 110 $720
n. ex 73 $12)
1.
$131
b
$290.
SHIPPING.
n
S&L
For 3 Months 3% per annum.
For 6 Months 4% per annum.
D.
1.
D.
#317
$89 895
For 12 Months 41% per annum
11.
102/6
Be
$29
LOOK POON SHAN;
Chief Manager,
REFINERIES.
D.
$92 $20
MINING
h.
40/-
L24
辈。
$2,60
1.
n.
32/
28/-
At a meeting of directors of the Karan Bubber Estate Co., Ld.,
It is reported that the Murai beld recently, it was decided to Kisen Kaisha and the Nakamura declare an interim dividend of 50 Gemi are engaged in the flotation tael canta per share (five per cent.), of's steam-hip company called in respect of the current year's the Toyo Shosen Kaisha with a working, payable September 20. capital of 12,000,000. Bunico H, K. & S. Banks ».
MARINE INSURANCES. An interim dividend of five per men connected with the Mikami cent. (50 wel cents per share) was Bhokni are also projecting the Cantons
shipping North Chinas decided on at a meeting of establishment of directors of the Padang Rubber company with capital of Inions Oc., LA, payable September 25. 2,000,000. From Moji it is Yangtszes
reported that Moji Shosen FIRE INSURANCES, August Rubber Outputs.
31,000 Kaisha, capitalised at 12,000,000, China Fires
will be shortly established. It is H.K. Fires Bekis Tob Alung Gala Kalumpong
101 305 further said that a new steamship 101,800 lb. company will soon make ils ap
Douglases 410.000nuts paarance in Osaka.
Steamboats Sincban New Issue of Premium "Bonds, Indos (Def.)
75 593
It will be recalien, sata the Indos (Pref.) 4230 Japin Chronicle, that in the instShells 11,000 session of the Diet & Bill Ferries 18 240 introduced providing for "an £9,270 issa" of premium bonds of very Sugars 11.449 small deminations with a view to Malabons Japan's New Domestic Loan. preventing extravagance among
Particulars are now available' the lower clarer, whore earnings Kailans regarding the result of subscrip- have greatly increased as a result
Langkats tions invited for the new domestic of the war, by inducing them te
Raubs loan of Yen 100,000,000 raised in invest their increased incomes Tronohs the shape of Extraordinary Exches in these bonde. This Bill, how Urais quer Bonds, slready announced. ever, was pigeon-holed by the Subscriptions from the general House, sad it in said that the public amounted to Tea 96,804, financial satborities have been 950, and those he the Bank of contemplating either raising the H. K. Wharves n. Japsato Yen 3,195,050, totalling rate of interest on fixed deposits Kowloon Dockssa. Yes 100,000,000. Of these Yen in the post-t fice savings banks Shai-Docks 66,552,600 wes Babecribed in or increasing the usual isrus by caso, and the remaining Ten the Kwangyo Giuko, or Bypothec 43,447,400 in Bassian Treasury Bank of.Japan, of the premiam Centrals Bille, this substitution being a bonds known as Kwangyo Saiken. H. K. Hotels special feature of the terms of the It is now reported that the semi-Land Invest. issue. The sabecriptions, as official bank has decided to issue H'phreys Est. b.
Saiken for K'toon Lands classified by the Bank of Japan, Y10 Kwangyo were as follow :-**
75,000,000 aŭ October 20.
America's Gold Imports. The
The U.S. Ban on Oranges. As already mentioned, the U.S. | Samagaga in Moscow reports to the Foreign | Government bes probibited the Senawong Office as follows concerning "thé | import of all kinds of "oranges Shanghai Kisbanz importation of matches daty-free because of a certain germ infest. into Busalas already reing them. On the 29th inst. the ported, the Russian Provisional Tokyo authorities will convene in Government announced in the conference the merchants con- Cficial Bulletin of July 20h cerned in order to consider ways (U. 8.) that the Government ways and means of clearing would permit safety matches to oranges of the pest. Laat year's be imported free of duty into export of Japanese oranges Bumin to the extent of 429,000,000 | totalled in vaine Y1,155,000 of boxes under certain conditions. which only Y102,000 represented The Official Bulletin of July (0.8.) | shipments to the United States. now announces that applications It is not expected, therefore, that for import permits mast be sent the American embargo will bare in to the Finance Department any serious effect on Japan a before September 30th (0. B), there are good prospects for and that importation is to be farther increasing exports to the finibed before November 30th, principal destinations, such as (0.8) nell'
Kwantong, China, Siberis, and On: di.
■
„Bean Cake Record. The Toya bean cake market, says the Japan Times. Tokyo, has been mainisining a firm tone in the past few weeks and a new lorel was created on Angusi 20 by an increase of 30 eu. The bid was Y.5.84 against the asking price of Y 5.50 per 100 kins, The cause is said to be the shortage of stocks and the increased de- mand by agricultural circles in the provinces. The Tairen quote tions have slumped, but still being high, the traders are sol uking any orders.
;'י
Flour.
•
... Drop in Cotton Yarn. After a steady continuance of remarkable activity on the Ootion Yarn Exchange in Oasks n'heary drop has at last set in. The following were the quotations on the 11th and 21st alt:
+
28/-
FOREIGN EXCHANGE" and General Banking Business Fransacted
"INTEREST ON FIXED
DEFUSITS:
BANQUE INDUSTRIELLE
.DE CHINE
行銀業實法中
Capital (1⁄4 Paid up) ... Franon 45,000,000 (1/3 of the Capital subscribed by the Government of the Chinese Republic.)
Chairman of the
Board of Director Andre Berthelot General Manager A. J. Pernotte.
HEAD OFFICE:
14 Rue Saint Lazure, PARIS, BRANCHES: PEKING. SHANGHAL TIENTSIN HONGKONG, and SAIGON. BANKERS.
In FRANCE: Société Générale pour favoriser le Développement du Com- mercs et de l'Industrie en Franos, La LONDON: London County & West"
minster Bank, Ltd.
In NEW YORK : Redmond & Co. In ITALY: Banos Commerciale Italians, Telographic Address : CHIBANKIND.
Interest allowed on Current Accounts and Fixed Deposita. Terma on application. Every description of Banking and Exchange business transacted.
M. ROUET DE JOURNEL, Manager. HONGKONG BRANCH:
Tel. No. 2152 "Queen's Building. Hongkong, 20th August, 1917.
5. Chater Road.
NOTICES.
BANKS
HONGKONG & SHANGHAI
BANKING UP CORPORA
TION.
Paid-up Capital ........................ RESERVE FUNDS:
Sterling
£1,500,000 at 2.
-$15,000,000
Silver$18,500,000
$33 500,00
Reverte Liability of a
Proprietors
$75,000,001
COURT OF DIRECTORS
Hon. Mr. 3. H. Dośwalk-admir ITOR. . P.E. Bolpes-Depete Chairgasa" Mr.CE Act Hatcher, d. T. M. Makina. 394 0.1 Gabby, A. EV. D. PRIT, ET, Pattande Bac.
He
A. 1 Compion Ess
CHIEF MANAGER'.. Hongkong-M., Babb, 3m.
MANAGER
Shanghalunk, 1. despber, Ex London Bankara-London Cessly suc
Weiminum, Limited
Hongkong-Steven Allowed a
On Current Accounts at the sato cổ 3 pWL
assum on the daily balance
ON FIXED DEPOSITS.
For I inonta, 24 per cent per anzen." For month,per capR 4335m Fairmont 4 per cent, pET AINER. N. J. STABE.
Chief Manage
HONGKONG SAVINGS BANK
THE Baliness of the above Bank la conductal | the HONGKONG AND SHANGHAI BANKING CORPORATION, Kulas may be obtained çe applicazioni INTEREST on deposita la allowed on the amo imam mouibly balancus at isi par cama, par sausa
Depositors may transfer, of their option, balance. of stod or more to the Bonghangi and kinghe Back to be placed on FIXED DEALONE 1 4
cent, paranaRESANTĮ.
For the Hongkong and Shanghal Balding Corpor fee.
N. J. STABB,
Chief Manage]
THE CHARTERED BANK OF INDIA, AUSTRALIA ANF CHINA.
Incorporated Be Boyk! Charter I
P> *FFIER -LOKIGA -- PAID-UP CAPITAL morality, BC, CICE
ERFAVE PUSO
RESERVE LIABILITY"
OF
PROPRIETORS as sentrummandt, 1000 !
POREIGN RICHANGE and Genwa) Bezma business traductalla CULLEST ACCOUNTY opened and 72X25 DEPOSITS received for 1 year or suurter period), ) ratus which will be quoted on application T. C. DOWSING,
Hongkong, 11th April, 1911.
THE VERCANTILE BANK OF INDIA. LIMITED.
Head Office 15, Gracechurc Street, London,
Authorizer Capital ..........£1,500,00 Bubscribed
b. Oriental Cons."
DOCKS, WHARVES, GODOWNS, &C.
n.
LANDS, HOTELS AND BUILDINGS
$79 $111 t. 75
*
n.
$90 $94
be
$88
$5,90
$39
S'hai Lands
b.
£75
Tokyo Onks Nagoya Kyoto.
Bassian Treasury Coab. Bille. (Y1,000). ...T23 868
West Points
ti
$78
(Y1,000).
total movement gold and silver between the
of Reclamations
1.
$115
COTTON MILLS.
Y18 875
United States and
foreign Ewos
B.
2160
***
9,745
7.640
countries during the
fiscal Kung Yiks
#.
11
3,140
MAR
1.973
4,558 696
D.
t. 125
t. $
D.
. t. 36
MISCELLANEOUS..
D.
#61
24.50
T 68.
$714
$25
$7
S
*
$48
NOTICE.
Paid Uy
D.
$149
Reserve Fund
ค b.
201
SIO
DEAK TRAMWAY CO.
LIMITED,
•
$5,90
Plantation Buildings Depreciation.
somewhat drastic
manner
year 1917 (ended Jane 30) S'hai Cottons reched the auprecedented total Yangtszepooś of $1 382.380 745. Areerding Orientals to a istement issued on July 28
$9
TIME TABLE.
cts, 90
1.30 AM 10 KOCAN.
140 to 10.00.
20 M
b.
$3 $18
MEAL
IL47M
JA MELK.
1.
10 MIX,
$6
LIFE, 40
1.4 P.
D.
SIE POL
$6,50
1.75 21: 5. P.
6.00 FIL
£90 r.X.
Aug. 11. Aug. 21. Decline. Y3 0.85 AugustY$12.00
YOLIS September 448.00 359,00 88.10 447.00 354.85 01.15 October ... November. 431 95 35545 9820 At a recent annual meeting at by the Bureau of Foreign and Borneos December...
450J0
361.95
88.05 Home the chairman complained Domestic Commerce, Department | China Light & P.n. 453.95 352.80 91.35 January
Taie shows a fall of close oz that the revenge authorities did of Commerce, the imports of gold Providents Y.100 in ten days. There is, not allow deduction for fair wear were 8977.176,026 and of silver Dairy Farmsn. For this however, no special reason for \ isin that 15 per cent, if not 20 ed to $291,921,225, and silver H. K. Electrics and tear of buildings. "I main- $35,003,563 Gold export amount Green Islands
H. K. Ice Co., depreciation on all exporta la 878 279.931. The net
Ropes Steel Foundries tropical structures should he imports of gold during the scal fairly obargeable to revenue. Lo year aggregated $685,254,801, Trams, Low Level sa. this ocaatction. I think I am striking increase over the net Trams, Peak, old s entitled to protest against the import of $403,759.753, in 1918, Trams, Peak, new n
in $25,344,607 in 1915, and the net (Laundries which our well-thought-out and exert of $45,499,870 in 1914. U. Waterboats carefully considered accounts, Tb: net rep its af silver showed Watsons which have been passed by our an increase in 1917, but this ery watchfal saditors, are after metal is produced in great quan- de pulled to pieces by the tities in America and is old assessing authorities, which I am abroad in the same manner o
other commodities. An (x:68 of protesting against,”
Messrs. Suzuki and the exports, therefore has no such ais- Petroleum Businėse.. nificance sa in sometimes attribut That over active and eater ed to a similar movement in gold. prising firm, Meears. Saxuki and In addition to the imports of gold Oo., of Kobe, (says the Japan and silver from foreign countries Chronicle) is now contemplating domestic gold smonating to taking up the petroleum business $15,109,520 and si ver amount in addition, to its already very ing to $683,824 were shipped long list of enterprises. It is from Alaska to the United States T said that the Kobe firm has just during the year.
Some time ago quotations for
flour declined to about 13 32 om--
downward
this
it
Tesson bean cakes from Hankow the drop, which must be cog- and Shanghai have found their sidered as a reaction after the per cent. way to the Kwanto districts, engenal boom. In fact, the extent hitherto an unheard of thing. of the present drop nearly corro Even Vladivostok bean cakes ponds to that of the previous have been imported. The con- boom, which was largely artificial ditions show what the bean cake in character. The extraordinary advanos în price reduced the -market is like at present.
actual demand, and exports of cotton sad cloth to China suffered beary decline. The advance of ing to a temporary fall in exports. prices was so great that re-importe Activity on the export market were brought from China into
Coupled with bowever, has since ravived, while Japan.. the wheat crop in the United is the fact that some of the
balle"
were compelled to States and Manchuria has proved
As a result. change their holdings for money to be unfavourable. qustations have again taken an The quotasis bare saker
path. opward torn, now standing at precipitous about 73.16, and the market has Whether prices will go much orm tone ahead. Exports of lower it is difficult to say, but for daring last month mounted is generally, pof expected that to 206,000 bags, the principal quotations will go far below Y330. destinations being Britain, 60,000
Although silver has advanced bage, Hongkong, 64,000 bags,
pince Mesurs. Chins, 43.000 base, and Philip considerably pines, 11,000 bags. The total ex- Samuel, Montega and Co. wrote ports from January to July laet this letter on July 19, it is not amonated to 2840,000 bags, without interest. After referring while the quantity exported dar to the advance on July 16 to 4111 a fresh record since March, 1892, ing the whole of last year was no more then 640,000 bags. It is they say:This sharp rise was expected, therefore, that this caused by orders; to cover the year's total export will amount to commitmenta the Indien at least eight time the figure for Bezara bere, following the isons of an ordinance by the Govern- last year. Increasing Wheat Yield in Japan.ment of ladis by which all private Japan will yield 10 per cent imports of silver coin and ballion will be acquired, and farther im bore best this year, it is pre dioted by the Department of porte, except on Government ac Agriculture and Commerce, count, prohibited. (We under. Tokyo. This may be considered stand that this does not apply a good report for the world grain to consignments already in market which in threatened by transit.)
to spare
Silver la Jodia,
of
As a consequenos the souroity of stocks. Before the the price of silver in the Indian marketa has approximated war, wheat was one of the largest imports in Japan, but the to that represented by the metsi exigencies of the hostilities when minted into rupees. The bare vedessitated this boun. #pparent purpose of this decree its was to eliminate a certain amons! - try even
scanty produce for foreign of competition that has arisen in "nation, says the "Japan China and elsewhere for silver Advertiser." On the export list bullion to serve as a remittance of Japan now wheat figuren pro to India. Consignments of gilver minently and it can safely be thas acquired have been sold stated that Japan's crops are hilberto to the Indian Bazantn interesting to. foreign-nations to and the proceeds applied for
■ large degree: The investigar payment of exporsed goods tions lately cordusted by the Apart from squaring the position experts in the Department of of Indian Besar soccents heen, Agriculture and Commerce point the announo-ment is unlikely to to the increase of 10 per cent in has a direct effect upon the Boreage and that of 2 per cent in London price, which is governed
by cost transactions, but it i the revolt of earning. so enge in estimated at 582,000 posible that in the long ran i chubo, the estimated harvert may help to increase supplies in
the market. being 6,570,000 koku,
The
Wm. Powells Morning Posts ȧ.
CORRECTED TO HOOK WEDNESDAY
SEPTEMBER 12, 1047," BENJAMIN & POTTS," Share and General Brokers,
Princes Building.
Tel, address: Broker.
EXCHANGE.
-SELLING..
3/236
Demand 30 d/s.
3/212
3/25/8
60 d/6..... 4 m/s.......
3/23/1
31278
American Appropriation for Destroyers.
T/T Shanghai..
Nom.
1364 14834 Nom.
Nom.
T/T Singapore T/T Japan [/T India Demand, India ......
bought for Y200,000 all the oilfields and accessories owned by the Toboka Petroleum Gaild and by the Kilamuro Petroleum Guild, both of Niigais, at Niiten and Nishiyams. Mesers. Sozaki A New York telegram of now making detailed August 29 h to Japan says that investigations concerning these, Hr. Josephus Daniels, Secretary TT San Francis-7634 oilfields, and when all the pre- of the Nary, has indiested that co & New Yorkj liminaries have been concluded, he will set Congress for a pT/ Java............ 18174 it is expected that thee will, propriation of at least $350,000, T/T Marks... Nom. establish a
new petroleum com- 000 for the ocnstruction of T/T France. 4.43
44372 Demand, Faris"...... destroy0:8.
BUYING.
pany.
VISITING
THE HOME OF
PRIMO BEER
Stocked and sold by all Wine. & Spirit Merch- ats, Hotels fand Clubs. H. RUTTONJEE
& 'SON. Wine and Spirit Merchants.
4 m/s. L/C............ 3/354 4 m/s. D/P............ 3/39/4
6 m/s. LO......... 3/4 1.30 dfa. Sydney &
34 Melbourne
30 die. San Franc} 7734
isco & New York/
4 m/s. Marks Nom.
4 m/s, France... 458-
463
6 m/s. Francs ******.. Damand, Germany.. Demand, New York. 767% T/T Bombay
Demand, Bombay... Nom T/T Calcutta
Demand, Caloutta... Nom. Demand, Manila
15214
Demand, Singapore, 1961
On Haiphong H 54% prem On Baigon. SANEAMENTA
5%
NIGHT CARS.
101.3 d $ 1.2. 1. to ALFRPM GVWFy half hour.
11.00
11,48 7.3. every carter of a hour. SUNDAYS:
10 MIN.
10:30 AM, · Erant 18 MIS
10 M 2020 130 1 11.00 430
130 $ 18.00 Noon Hecto 100 P.!
14 MJM.
10
-
LED TIL BO
6.08 J
10 MIN
4.30.M
26
...
KOGET CARE ne on Wink Days
SATURDAYS:
Ch Midnight.
SPECIAL "CABE
By Arrangemast at ibe Company's Off
Avzandra “Bulidingt
Der Voruz Bosd
- Benson and pasech tirkata avaliable for all MAKS BOL Biready full, renntag at the time stated Occupy's mine tables, but not for cată, dần be obtained on application & the Dompey's Omen -No Hexaco dichos wall De department therater bus 'been made je Bank Motes or by Chefs or Compendoru Pedas represalting Bank Medan.
JOHN D. HUMPHREYE È CO.N
THE CHINA PROVIDENT LOAN AND MORTGAGE, CO., LTD.
(Capital Paid up...$1,250,000.)
Lesson Moriches of House Peoparty, Da -Beoda zuenĺved on Biskas.
Advinas made as Marebacđim LARSKE TENÍA as Neo Provideră Brabeca.
PRUNTER, RIBUTOR OF WIŁA APTORERY, MI: Undertaken ant Tcombed, Cabs and Parkovises on application) Za Nea Giles of SHEWAN, TOMBS & CO..
General Manacors
prem
MARTIN'S
On Bangkok......... 4814- Sovereign 6:15 Nov Gold Leaf, per az... 57.40 Bar Silver, pOT'OL" 50.
SUBSIDIARY COINS.
DISCOUNT PER #100: Chinese...20 cte. piecas 14 Zav. Chinese...10
ongkong 20 eta. pieces Hongkong 10
MARTIN'S
par
Mombat
1,125,000
$62.50L
600,00€
BANKIIN The Bank of England. - The London folat Stock Bath, Lanzad BRANCHES Jar
Calcatio Coldab:
Gal
Hongkong
HOWIN
Kandy
Part Lools (3:ališus.)
Karach
Kota Bhars
Kunia Lamp Madra
Fras *Rangoon
Shaarba
Kingapor
► HONGKONG BRANCH.
Every description of Banking and Exznaky. begin asscjed.
Interest allowed on Current ArcOUNTY HÍ S PRE COS per LAN Dully Balances, sod on First Diges
at rates which may be ascertained on sopāćities
C. CHAMPKIN,
Acting Managar
INTERNATIONAL BANKINO
CORPORATION,
HEAD OFFICE:
53. Wall St., New York,
Li
LONDON, OFFICE:
36, Bishoptynie, L
CAPITAL & SURPLUS UASANDODON UNDIVIDED PROFITA US LLC,300
BONRAY CALCUTTA
CANTON, MEDELLIN
CFBU. COLON
PANAMA PFXING. HANKOW PUERTO
HONGKONG PLAIS
KOBL
i
• US. $7,510,000 FAN FEDRO:
DE MAIORIS, BANTO DOMIEST FAN FRANCIPIO SHANGHAI** SINGAPORE" TIENTSIN YOKOHAMA
4
BRAN HER Three's its clore Botion with sha NATIONAL CITY BANK ON NEW YORK. the Bank is able 10 a
Services of the Bruch of that Jutation is Case Soeth America, and slowbars, namely
BAHLA BUENOS AIRES, GENUL, HA FANA MONTEVIDEO. KIO DE SANTIAGO DE CURA, FANTOT,
JANEIRO FAULT, PETROGRAD VALPARAISO,
All kinds of FOREIGN & LOCAL BANKING BLSIXE68 transact
CURRENT ACCOUNTS opraed and 'FIXÉ!" DEPOSITS received at males to be ascertained a application.
GEORGE HOGG,
Manage
Hongkong, 26th Feptember, 1916
THE
YOKOHAMA SPECIE BANF.
LIMITED.
Establiebed 1880. Authorised Capital Yen 48.000.000 Paid-up Capitali..... Reserve Fund......
36,000,000
22.100.000
Head Offics.-YOKOHAMA
Brandbe Antung-Halon Hambay Calepita Changchasto
Daires
Fenglon Table Flankow
Kohe
Edeo Tanz
London
I yous
Tornados
дает
Agencies
Howwa.C New York Canka
Byon (Por
perpot allowed on Correct Ansonal. Dapodis
| Faerived for Ezed període et ratio b {an applleniton.
FIRAT ONO, Maurrei
Hongkong, ttb Beptember, 1917,
No comments yet.
Private notes are available after approval.