1917-09-26 — Page 9

THE HONGKONG TELEGRAPH,. WEDNESDAY, SEPTEMBER 26, 1917

COMMERCIAL

THE SHANGHAL MARKETS:

Picce Goods.

waters.

Yern,

The

NEWS

HONGKONG SHARE REPORT

B-SELLERS; SA-BALES; B-BUYERS; N.—NOMINAL

OFFICIAL PRICES. BANKS.

investigators include W. J. Moore, The present high exchange has H. A. Steinmets, and A. 8. practically put the lid on business, Christian. They will remain in and with the exception of two or Salt Lake City until they have an three lots of low grade Titles certained the actual cost of copper In addition, they Filatures settled at Ta. 50 decline, prodaption. the market is devoid of interest, will makes survey of copper Unless exchange goes down prices mining and emelting, and at the H. K. & & Banks ka. bere mast decline very consider end of the inspection they expect ably before Obins can compete to be sufficiently familiar with the with Japan, which market by the copper workings in Utah to give North Chinas way has also shown considerable advice weaknow, although firmer at the operation. cloes. Neither the Lyons nor the New York markets are said to

Gunales.

relative to domestic inions

ipolined to plece orders for goods, break, and it was the break that for shipments during the current of gold were made in India on

Indian importers who were sell.

**Coal Future Uncertaio.

past

fortnight. There

H.K. Fires

Douglases Steamboats

Raubs

$29

BANKS.

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and. General Banking Business Transacted

INTEREST ON FIXED DEPOSITS:

Chlef Manager.

BANQUE INDUSTRIELLE

DE CHINE.

行銀業實法中

Capital (Paid up) Francs 45,000,000

(1/8 of the Capital subscribed by the

$550

MARINE INSURANCES. Cantons

$820 -

. t. 110 $770 Yangtszes n.ex 75 $197

FIRE INSURANCES. China Fires.

b.

6.

$187 3290

SHIPPING.

$81

For 3 Months 3% per annum,

For 6 Months 4% per annum.

11.

#17)

Indos (Def.) Indos (Pref.) Shells Ferries

11.

$80

$55

д.

107/6

For 12 Months 41% per annum LOOK POON SHAN;

FINERIES.

Sugars

Malabons

.0.

$92

$29

MINING

Kailans

b.

40/-

n.

$2,50

144

A.

28/-

Д.

32-

281-

$73,

8110

D,

t. 76

LANDS, HOTELS AND BUILDINGS. Centrals H. K. Hotels 'Land Invest.

1.

$30 $94 $38

H'phreys Est.. ́s." K'loon Lands Shai Lands West Points b. Reclamations

$6

n.

#39

1. 74. $80- $115

* COTTON MILLS.

Kung Yiks S'hai Cottons Yangtszepoos h Orientals

n. b..

B.

(16)

t, 1334

1. 119

t.&

M

t. 36

Tronohs Urals

satialaatory results. There is of report that Japanese have been circulating freely through From the N. C. Daily News out the cotton-raising district of September 15: Slump. Floods paying the farmers so much se are the cause of all the trouble in $15 a pioul for cotton on the the piece goode suction markets plants high price compared

That no auctions with former years, if trasi this week. were held; that only small offer order to get first go at the new inge are to be put up next week, crop. As it will not pay to and that the past three weeks, ship cotion to Japan at pre- sabeo, as a whole, have been about sent high exchange, the Japanese the deadost over known in the are doubtlese following the steps local mostket, are all due to the of their brothers in yarn and are

Japanese Gold for India. fboded state of the interior, Had baying for local speculation, the floods not come all would barking, on higher prices to come, bare mach stock, but the difficulBearing on the announcement, here been rosy and the auction Quotations Tangchow Tis. 27 tiee of finding labour in America pablished recently; that Japan

sre increased by conscription. has prohibited the export of gold. rooms would have hammed with to Tis 28,50. Taohong Tis. the voices of keen bayers and 20.50, Shanghai Tis. 24 to Tin. Freight to New York has been without liceurs, the following from Mesere. Samuël, Montagu & everyone would have been hap. 25, Ningpo Tie. 23.50 to Tie, 24 raised to 14 cents per lb.

Co's circular of July 25 is not pier, for this is the time for the No large len recorded as it is Some looger

without interest. Chins, by the aasi satama demand from up yet too early.

way, has been importing con country markets, and that demand stapled Shensi has been offered

Although there is practically aiderable quantities of gold from is totally absent because of the #1 Tig. 28, December.

no businers doing locally in gun Japan, since the war" Large high

Speculatote,

The yarn market is sitting op nies, except a few hundred bales who bought at the higher

to India from Japan. The total prices suling some time ago in and taking notice now is much for Vladivostok at about Tle, 205ounts of gold are now presing better spirits than earlier in the the Calcutta" market is firm, and already exceeds $1,000,000, but anticipation of sales at handsoms profits when the autumn demand weak when it was depressed and telegrapà advicen cite the quotathe withdrawale from Americs for Langkats

attending tion of Rs. 520 for Heary C's 24 Japan during the last month or came in, found themselves with melancholy.

physician, to whom all credit in lb. blue stripe. It appears the bave been much more than out bayers, for when aampana ply due for the recovery, was Dr. great difialty is being experienced this It will be remembered that, in the streets of interior cities the Fook, who caused the market to in recorioz freight, at any rate in the spring, considerable salas Oriental Cons b. merchants of those places are not

DOCKS, WHARVES, account of the Indian Currency

GODOWNS, &C. "especially when the speculatorsaved it. Which is another way year.

of raying that blessings come

Rverve. By the new enactment H. K. Wharves b. are inclined to pinob and demand

the Ladian Government has theKowloon Docks rather higher prices than a fair in sealed packages sometimer.

Mesere. Wheelock & Co., in power to acquire compulsorily Shai Docks and legitimate profit would call While depressed earlier in the

week, with sales of Indian yarne their fortnightly coal market imported gold on the basis of £3- for. The country dealers were Willing to buy, in districts where down to Tir. 88 to. Tir. 85 as re: report dated September 13, state: 17 103 per standard ouses (15 the water was not scinally at their salt of fuckiness of Japanese and Japan Coal: This market has ropees to the sovereige), and doors, but they were not prepared

ing out at below replacement cet been very quiet during the will be in a position to refund

· have sales should they be considered' in Bombay, things brightened up recently been rumours in Japan desirable, and to release the gover

that the Government intends signe acquired, under the ea- on Thursday and Friday. quiries came in from all districts abortly to prohibit or at say rate actment above mentioned, or some to which news of the break spread curtail the export of certain com portion thereof, to serve sa a re- miraculously, and price azuended modities, including coal, besides mititanes for payment of crops again. About 10,000, bales Indian | which the Government bas in those districts where, the cir- and although their actions were were sold during the week, already taken measures to prevent calation of sovereigns is preferred. prompted by a gambling motive half at advanced

rates, the markets in certain staplee to that of rupere, "This move- they were without that cool self-which were, for 101: Superior from being cornered and this bas ment of gold frem Japan may be ocn.fidence that successful

Tl, 110, Medium. Tis. 100 to Tla had the effect of bringing ustive taken as one of the factors which gamblers should posess. So, 103, Inferior Tle. 95 to Tls. 97. dealers locally up to thehas enlarged the silver balding of when the auction at Kangping These prices seem aboutons parity ecratch," but sellers are anwil the ladjan Treasury." opened on Tuesday and a single with Bombay, taking the higher ling to commit themselves to new the slae of $1,500,000 case of black Italiane was put up freights into consideration, and business for the moment, as they shipped from Japan of India and the prios tambled by Tls. the market is nearer normal then ere not yet quite sure as to the early in August. 1455 per piece they decided to for some time. Importers are particulare of these regulatione, pat a stop to the auction and to taking a ballish sttitude torn or at any rate until these new re- All snotions for the rest of the shoat-bat it is too late now. gulations

The soaring level of robber made public. pricer, says the Japan Times montb. The sale broke up in an There also has been a good Fashan Coel:No change :— uproar after the one parcela demand for local spinnings dur- output still very confined.. Kaip the rabber companies large. A (ko), has made the returns of eold. Taking it that the price was a key to prices that woulding the latter part of the weeking Cel:-Deliveries are average certain firm bae been reported to and over 10,000 bales have been and stocks very low. The prices have declared a dividend of 300 have prevailed throughout the sold at prices Tis. 3 to Tla. 5 up for better grades have incressed

ale, the brokers became nervour, for the most part, 20s at the close considerably and the demand it i

In view of each pro- seeing they could not bolster up ranging from Tis. 129 to Ta8, 133 exceeds

sperity, Iceal businessmen have the eapply. The prices to a level that suited them. Szechuan has been a large freight market cortinaes in!

started the promotion of A not being prepared to bayer, taking close to 9,000 she fecendency and rher era are plantation with a capital of face the losses on their unsold balee local yarns, 5,000 - difficult to obtain, consequently purchase a plantation of 1,000 Y.5.000,900. It is planned to holdings, and the esle could not disn and 3,000 Jap nese. There till higher prices may be expected acres with five-year treee and In the afternoon everyone he been some liquidating of in the near future. Japan Coal, ex 9,000 acres of unbroken land. concerned held a meeting at previcas contracts, purchasers wharf (in taels):-Kishima lums,The firm expects to pay a divi- which the whole matter WRE

paying so much as Tle. 50 per 14; Shakano, 12; Arste lumand of 8 per cent, after one year threshed out. The speculative

forward when quotatione. were Shakano, 10; Yoshinorani No. 1 round. Tle. 180. The present and No. 2 lamp. 12 and 11. K. when the trees of the present on- demand is an actual consumers Kaiping Coal:-Navs, Loco and

broken land bare grown to the demand, not speculative, and is Liasi lamp, Y 14, 13, and 11;pping age, according to the stimulated by the break of the Washed nuts and slack, 13 and paper quoted... market coantry dealera being 11.50; Now. 6, 1 and 2 slack. 10.50,

Japan's Hoards. able to secure stocks badly needed 9.75 and 9. The total arrivals in The total amount of specie at normal prices. The market in Shenghai for the fortnight were owned by Japan, estimated na healthy now; if it is not rashed 42,065 tons sa compared with August 30, was said to be Y.

in strength.

or inclined to pay the prices asked by the speculator. These gentle men are holding large stocks which they were unable to dispose of, and when prices fell with exchange they became hysterical,

and

go on.

Io

Bre

All Cut and Dried.

Gold to "

· gentlemen who have large bold. bals to cancel, having bonght 11; Shimoyamada, 10.50; Shinland 30 per cent, after 10 years.

ings bought when prices were mach bigber, held out for suspension of all sales for threo at firat weeks and it was announced that they would have their wish. Bat they were over ruled by others who had not stocked up and who wish to bay: especially at lower pricer, so it

4

Ewos

MISCELLANEOUS.

Borneos China Light & P.5.

Providents Dairy Farms Green Islands

..

Government of the Chinese Republic.)

Chairman of the

Board of Directors Andre Berthelot. General Manager A., Pernotte..

HEAD OFFICE:

74 Rue Saint Lazare, PARIS BRANCHES:

PEKING. SHANGHAI, TIENTSIN;

| HONGKONG, and SAIGON, BANKERS.

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

In LONDON: London County & Wert-

minster Bank, Ltd.

In NEW YORK: Bedmond & Co. In ITALY: Banca Commerciale Italiana. "Talographic Address: CHIBANKIND,

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

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

Tel. No. 2552

5. Chater Road.

Hongkong, 20th August, 1917.

NOTICES,

NOTICE.

PEAK TRAMWAY CO. LIMITED.

BANKS

HONGKONG & SHANGHAI BANKING CORPORA

>TION, Paid-up Capital ........ „$15,008,00€ RESERVE FUNDS :"

• Sterling.

- ̈£1,500,000 at 21-

-$15,000,000

Silver $18,500,000

$33 500,000 Reserve Liability of

·Proprietors an $15,000,000 COURT OF DIRECTORS.

Hon. Mr. &. H; Dodwall-bakar, Hos. Mr. P. R. Boy-Depete Cold W HOR Nr.CE Aston, F. C. Butcher C.T. K. Bélier Bag

ET. D. Parry Eng. W. 2. Pe A. B Compton, Esq.

CCIE MANAGER

Boughour-N. J. Beshk, Din

MAKA Bhangba G. Stephas, Esq. Leeda_Bankers-Leena Ocwary wind

Westminster, Limited.

Houshong Interest Allowed▾

Os Current Accounts at the rate of $ per Denk

ausum in the daily balanca

ON FIXED DEPOSITS,

For 3 mooibu, i per cent. POT CREAM: For both, 14 per cent, per ABEKAL

For te months, 4 per ceEL, PET SABHEL N. J. STABB,

Chief Managar

HONGKONG SAVINGS BANK

THE Baloess of the above Back is conducted be the HONGKONG AND SHANGHAI BANKING CORPORATION Rules may be obtained on application INTEREST deposits (á allowed on the mo ban monthly balances at Sjå par cant, pur notan

Depositors may transfer, at their opten, bainaći. of or more is the Hongkong nod t Back to be placed on. FIXED DEPOSIT & 4 CDL per annam,

Corpor

For the Hongkong and Shanghai Busking Hon.

N. J. STABB.

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter is

PEAD OFFICE-LONDON.

OY

PAID UT CAFIRAL

HEAERTE FUND

RESERVE LIABILITY OF

PROPRIETORS

PORKIGN EXCHANGE and Gearn) Healtai

beginta trakacinŐ, CURRENT ACCENTS opened and PI33 DEPOSITS received for 1 year of shorter perioda, s' tint which will be quoted or application.

T. C. DOWNING,

17

Manage Hongkong, 11th April, 1912,

THE MERCANTILE BANT OF INDIA, LIMITED.

Head Office 15, Gracechurch

Street, London. Authorised Capital ......£1,500,00€ Enherited

Pair Up Receive Fund

A

#1

BANKERK The Rank of England

The London Joint Stock Land,

EXANCH

€4.50

Be

$716

b.

." $21

$6,85

H. K. Electrics [H, K. Ice Co.,”

Steel Foundries Ropes

D.

$48

n.

$149

$26

8.

$10

$5.80

Terbay

$8

Falcutta

relembr

cts. 90

B. A.X.CO

10.00 A..

14 MIX,

Delhi

$3

38.00 AM 10

11,00 A

36 MAN

Calle

35.16.3.

18 MIN.

$13

w

10 MIN.

4.

$6

2.18 TL to 1.4 P., 10.

1.45 1.30 REP.N

1 x

30 MIN.

· 86,50

$5.0

1.00 ..

1 K

6.00 $4,30

10 Mix

$29

3

Trams, Low Level n. Trams, Peak, old s. Trams, Peak, new s Laundries

b. U. Waterboats, s. Watsons Wm. Powells Morning Posts n

CONNECTED TO ROON WEDNESDAY SEPTEMBER 26, (#17, ¡BENJAMIN & POTTS,

Share and General Brokers,

Princes Building..

Tel, address: Broker.

JAPANESE DRAMA.

I was finally decided to have a up again it should continue to 47,480 tons for the previous 375,000,000, an increase of Y to any drama I have ever seen in

email sale next week, sales this week being suspended. Thres weeks' rest would have done the market no good, though one week may eat as s confience re storer. Next Tuesday Kangping *will offer about 200 packages and Tuenfong double that quantity, the cfferings being limited to no Arrival .... ” more than two packages of one Battlement chop. The week after next is a Stock boliday in any event, because of

Ningcho Tes. the autumn festival, so bat little Atrival is expected of next week's smaller sales, especially se settling day Stock immediately follows, on October

Hankow Black Tea. About 5,000 halfcheats were settled during the past week, principally for America, at rather easier sel prices though this does not offset exchange. Figures to date

Hankow Tea. 1017.

Settlement

Koeman Tes.

1. After that things will straighten Arrival out, at least everyone hopes eo. Settlement Meanwhile things could not be Stock daller; there have been no reporte of reenles by private, dealers. Japanese goods, 12-lb., abirtinga and grey jeans, have dropped 74 per piecs since the boom prices of July.

Local Cotton.

Early pickinge of local cotton are coming in fair quantities and the state of the crop is reparted to be excellent. Bolls are opening large and white and a good colour staple in reaching the market. The rain that bes prevailed steadily throughout the week will do bat little harm, beyond delaying the picking, as by this time, the bolle shonid here been well matured. A week of rain like this at the end of August would have done much harm, but the crop then got the sun it needed, with the present

1916.

period.

Mr.Maugham's Views. *The Japaness drams is superior 30,000,000 over the estimate pub America or England," was the lished on August 14. Of the surprising statement by Mr. W. E. Cost of Copper Production. mono, Y. 314,000,000 belonged Maugham, the well-known Los Salt Lake City, Utah, July 23, to the Government, and Y. 661 don dramatic oritic and play- -Federal investigation of the cost 000.000 was owned by the Bankwright, who recently arrived at of copper production and mill and of Japan. The amount in the Yokohams, emelter charges under the direct country was estimated at Y, 423,- ion of three metal experts 000,000 while that abroad was

End. 331,579 410,000 representing the Industrial War Y, 552,000,000. The figate will

Commission at Washington, exceed Y. 1,000,000,000 within 288.583 370,000 began here to-day. The corps of short date.

42,996 40,000

75,000 75,000 53,427 73,000

2,580

2,000

101,643 120,000 101,163 120,000

475 Nil

small

Shanghai Green Tea, Country Tese1 - À business continues in Paints, Gas powders and Chunmees at onchanged rates for shipment to Marseilles, etc...

Ping Busys: Very little doing. Byeons:-Nothing doing. Figures to date :--

Green Tea. Arrival Settlement Stock

A

44

98,000

96,000

44,000

Hyson.

Arrival

80,000

Settlement

25,000

Stock

55,000

Pingoney. Arrival Battlement' Stock

127,000

$72,000

55,000

VISITING

THE HOME OF

PRIMO BEER

Stocked and sold by all Wine [& Spirit, Merchents. Hotels and Clubs.

H, RUTTONJEE

& SON. Wine and Spirit Merchants.

Mr. Maugham had attended several performances in Japanese theatres

WAR instantly struck with the artistic perfee- tion and dramatic technique which the Japanese drams kas zitained. "It is marvellous, be continued, "the effect, the astors get. They are far superior. ta fcraign actors in the expression of emotion, in dramatic presence and ability to get the audience. The costaming is nothing shor: of surpassingly wonderful. The sage 'eta' would do credit to the wildest fancies of a Balasso; and the music, which in mead to in- terpret the moode, is astonishingly trae. The people of Eerops know little of the Japanese drama, and I think would be pellbound with wonder if they could see a real production. Ism strongly convinced that if Jipanee drame of the first clus would go on tour, after the war in: edded, it would meet with instant enccess in Both Europe and Americi."

Io speaking of the dramon in England at the present time, Mr Maugham asidibe theatre business was ficuriebing. Men home from 'the trenches are eager to forget the borrors of war and asek amace- menta eagerly.

TIME TABLE,

1:30 AM 10 &KLI EVERY 15 MIN.

11.30 A. to

#

MIGHT CAKE. - 6802.3., And $ 1.36 $30

11.02. every list hour.

11.00 .. to 13.4.M. stery quarter of an hour..

BUNDAYE

CON LA

AL TO 36.26 A

10. M. 1100.

13.80 40 400 Noon 1900 on to· 3,10 9.M.

1.00 7.3 10 130 PAL”

5.2013 10

LID TIL SA

€30P.M.

· 4.5 2.36, 10 8.00

Eray & Mis

10 MIN.

1 Ms.

Lo M.

23 MIX,

10 MIN.

36 MIN.

-

HIGET CĂRË as ou Werk Baza

SATURDAYB

tam Cu at Midnight

ПРЕСТА ΟΔΗ

BY AFTROENIAani si the Company's Clon

......Alesandra Phot:ding.

Der Voen koes

-Hasson and ponch dekate available for sare not already full, ramulog at the dine stated Company's time table, im not for #jwcjal mars, ona be obstood ou application at the Company's Office-No Brase ticket will be Masak czasƐ payment therefor bag been"made in Bank Holes or by Cheque or Compradure wedne zapewniting Bank Now.

JOHN D. BUMPRASTE & CO. 5)

THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD,

(Capital Paid up...$1.250,000.) Low on Wortenes of Bone Projerty, IL Geode received on biotage, PERARON DAĞA on Marchandise Bonne zaden the Provident Systent.

TRUETES, EXECUTOR OP. WILLS, ATTOKEXY, de Undairazio and ZzmanÍNC. | Bali nad Particular on applicatori

SHEWAN, TOMES & CO..

General ManAPETA

Te the Office of

MARTIN'S

STEEL

ARIOL BILLS

& Prmák Bognáty for m])Eresentartcion,

· Maria's Pits la tha honan to LAKE CHE Lă Bra

Tunebo

Ivan Mani raccomand thom, komen thaitanog.

MARTIN, Lomtalet, konikampton, Kafe.

-MARTIN'S SPIOL:

EEL

Hongkong

Hawish

Kandy

Port Louis Mauritius.)

1,125.000

BEL BOL 600,001

Karachi

Kola Farre Kesla Lumpu Madras Penang

Kacfoo

tanghal

Singapon!

·HONGKONG BRANCH.

Every descriptice of Eanking and Excha besferas tranzacted.

Interest allowed on Current Accounts si a par cas per annum on Daily Balances, and on Tland Depos at rates which may be ascertained ca application

C. CHAMPKIN..

Acting Managei

INTERNATIONAL BANKING

CORPORATION.

HEAD OFFICE:

15. Wall St., New York LONDON OFFICE: t, Bishopspus, E.C. CAPITAL & SURPLUS DA $5,500,000 UNDIVIDED PROFITS U.S. $7,348,000

US. $7,848,000

BOMBAY CALCUTTA CABTON

CEBU. COLON

BRANCHES

LONDON

MEDELLIN

PANAMA FKING.

PANXOW PUERTO

HONGKONG PLATA KOSE

FAN PEDRO

DE MAORIE. BANTO DOMINO SAN FRANCISCO SHANGHAI RINDAPORE

TIENTSIN

VOKOHAMA

with The

Thoth Fillimis NATIONAL CITY BANK OF NEW YORK, the Bank is this to of Services of Libe Branches of that natitmics Is America, and elsewhere.

BAHIA, BUENOS

SANTIAGO

MONTEVIDEO. RIO

Cute Sonsk

GENDA, ĦATANA.

DE

JANEIRO

SA

DE CUEA SANTOS, PAUL, FETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKIN BUSINESS iransacted.

CURRENT ACCOUNTS opened and FIXEI DEPOSITS received at rates to be scattained or 'application.

GEORGE HOCe,

Manaker.

Hongkong, 26th September, 1916-

THE

YOKOHAMA SPECIE BANF,

LIMITED.

Established 1880 Authorised Capital Yen: 48.000.000 Paid-up Capital... 36,000,000 Reserva Fund.... 22.100,000 Head Office.-YOKOHAMA

-Branches

N.D4

Apeeing

Antang Halen

Bombay

Calcutta

NORWA New York

Changeb

O

Saloon

Faking

Pengen

Frezin Hankom Honolul Kobe Cara-Yang

Londou

Log Angelbe

Lyoce

Byajin (For Arti Fen Franci Khanghai Bydowy Abgabon Tabling

BELIE

Tarantu

sterent allowed on Carniat 4000mts. Deroms nodized for Good periods at rater to bottle an application.

- EISHI ONO, Mariager Hongkong, 11th September, 1917.