1917-10-04 — Page 9

COMMERCIAL NEWS.

Japan's Customs Receipts, Thekspinata. Customs es vanus for Augustsmonateta Y3,788,390. As compared with 19,980,544 for the same period of last year thin sbows a gain of 1798 248. The revenus since the year opened amounts to Y16,314,400, which in 2,814,580 more than the revenue (Y13,499,820) for the correspond. ing period of last year.

US. Cotton Crop..

The total value of the United Staten cotton crop, including seed, for the year ended July 31 wan 3. $1,412,880,035,compared with $958,280,000,last year, according to the annual report of Mr. Kester, Wecretary of the New Orleans Cot

on Exchange. Prices were the highest for 47 years, middling - averaging 18.41 cento, a pound. Louisiana's crop was reported se 496,000 bales, Mississippi's 824,- and Florida'a 60,000.

Gold for Japan,

The Yokohama Specie Bank has obtained a licenes from the United States Government for the exportation of American gold to Japan, saya sa officia! despatch received at Tokyo recently. The Tokohama Specis Bank in San Francisco has been applying to jhe United States Government for such a licence, which bas now been granted on the ground that the exportation of gold to the 'Yokohama Specie Bank will be purely for a commeroisi purpose.

*

Japan's Specie Holdings. Japan's #peose holding amount ad to Y975,000,000 on August 30, and to Y1,004,000,000 on the. 15, alt. Of this smount the sam of Y310,000,000 belongs to the Government and Y694,000,000. to the Bank of Japan.As.com- pared with August 80th the former showe decrease of "Y4,000,000, while the latter abows

gain of Y33,000,000. The sum of ¥458,000,000 is held here and 17548,000,000 abroad. The former shown' «'gain of Y33,000,000 and the latter, a decrease of

,000,000.

Machloery for Belgium.

It was anounced recently that large orders would be placed soon for railroad equipment, argricul taral implements and machinery for Belgium, calling for the ex penditure of $100,000,000. The Barrimon interests, controlling the Chester Shipbuilding Com pany and the Merchants' Ship building Corporation, now build- ing wayn at Bristol, Pa., are to: construct forly cargo boats for the Emergency Flest Corporation and expect orders for forty more boats moor. The steel for all these hosts will be farniabed on Go verament contracte,

Expected Ban on Coal;

As already mentioned, repres- entatives of trade and industry in Nagoya memorialised the Govern meat on the desirability of the export of coal being prohibited so a means of keeping down prices. It seems that irrespective of this memorial, the Government had taken in hand preliminary in vestigations with a rew to apply. ing the same measure as that adopted a few days ago with regard to the export to paper, pulp, and fertilisers. The heavy advance in the price of coal is dos to varions reasons, ench as increased domest- ic demand and an unsatisfactory condition of transport service co land and along the coast, but one of the greatest osuses responsible in believed to be exports to Bouth Chins, the South Beas and Indie, which have undergone a marked increase of late. It is therefore considered advisable to restrial exporta me a cassou of regulating prices. It is said that since the Government is making the preli- minary arrangements with special dispatch, the expected export remriolion will be shortly an-

-Scarcity of Subsidiary Coins,

Small coins are getting 80 scares in Manchuria that the

South Manchuria Railway Co.

has adopted the scheme of paying termployees in even yen amounts only.

Odd amounts, fractions of Jen, are withheld in deposit to

the edit of the employes, are allowed to commulets for SIT * and are then paid, odd

being withhold

THE HONGKONG TELEGRAPH, THURSDAY, OCTOBER 4, 1917.

OUR DAY

+

18th OCTOBER 1917.

DRAWING OF WAR BONDS

LANE, CRAWFORD & CO.

WILL PRESENT

FREE

ONE TICKET

FOR EVERY $20.00

WORTH OF GOODS

PURCHASED IN THEIR STORE

(SHIP CHANDLERY DEPT. EXCEPTED)

FOR CASH ONLY

FROM SEPTEMBER 26 TO OCTOBER 16.-

LANE, CRAWFORD & CO.

the

EFFICIENT BRITISH

TRAINING.

"An American Appreciation.

word which is being instilled into the British youth with all be force at the command of bis superiore..

TOLD BY WIRELESS.

A U-Boat facident.

An Atlantic Port, August 22.

"We are training our men to believe in themselver," said the General commanding the school. A succemion of wireless calls, tell- Each must not only faing the story of a ses tragedy of which an unknown steamship was equipped A place in England" eye that he

A correspondent of the New York Evening Fost, writing from

is better

A representative of the Associated physically and mentally than bie the victim ofalierman submarine, Plem, who was permitted to visit satagonist, bot be must be able are recorded in the log of a neutral a great training school as the to demonstrate it. That in the Tesel which arrived here recently goect of the Foreign Office, lesson we base learned from the obtained an insight to the re-World War." markable change brought about

fromaScandinavian port. The calls were recorded while the nentral Tommel was passing close to the As the average Britisker inish cost on her way to this port, in the British viewpoint daring naturally a sporteman, his games and begin with the international

are being made

to play ang. O. 8.," followed by the mes The British not only are putt-important part in ble training.

faiges **** ing forth all their energy in fart In shooting, bombing, and all the her perfecting their fighting various arts of warfare, these are submarine." forces, but are actually and proving invaluable to him. earnestly devoting themselves to

the past three years.

›

We are being chased by a

Ten minutes later, the log reade, "I have been very much im-the following was beard :~~-~ the development of their youth in pressed with the fact that most a manner onlculated to fit them men who are prominent in our shelled."

"Harry sesistance, we are being for eventualities which may arise games distinguish themselves si the front," declared the General, in the years to come.

If the German cherished the "They are keen, thoughtful, and idea of eliminating Britain a clear-sighted, and, for that reason, a world Power, Britain, it is mid, become the best fighters." far from being beaten, now staƐ

ara

lows, then the entry-

A lapse of fifteen minutes fol-

"Ship is on fire and sinking, captain ordered men to lifeboats." Unlike the armies of other final message through the air:

Five minutes later comes the with a clearer vision than ever belligerente, the British are

"We are done for,” giving also before and is perparing to turn discarding what

termed the position of the ship, the scales against her adverary in weapons of frightfulness and in- . The neatral vessel; forbidden Bach a way as they may never atracting their young manhood in by regulations to go to the resone, the use of what they are pleased relayed the call and in about again swing back.

While statesmen are being to call the "three B'"-the bullet, twenty minutes picked up a radio made or unmade with the chang the bayonet, and the bomb.

from an American destroyer read- ing fortunes of war, the great "Experience has shown as that silent forces of a nation proud of the rifle and bayonet are the best its traditions and thoroughly defensive weapons with which to aroused

ita own, short-arm," "szerted one cfficial. "Il comings are constantly merch he has the proper physical and ing, in a

almost endises mental training and knowe how may return to the front and chain, from training schools to to handle bis rifl^and his bayonet, instract their respective units. In battle fronts and "back again; he is certainly the match, if not this way, the British ärgas, their Stratabad

many miles the, superior, of his adversary." men never become “! stale,” and · of rolling hilla, carpeted with] With a single sye to their task, are ever fit and ready for any em- green foliage, is the school where the British have established ergency.

to

Over

→

ing

Will reach you in one hour.”

in hundreds of thousands of elaborate systema of trencher The meessge the Britisk would British youths are being taught to wherein the young men are impart to their Amarcan allice master, themselves, se one of their taught every conceivable method was summarised me follows: egy instructors expressed it," so that of present-day warfare. Young Train your young men to be they be better prepared to masterficers and others recommended physically and their enemy and live their lines for premation, are regularly train them

sa they would livá them.”zy brought back from the front selves—maka

“Use your Keya" and "your for intensive training of from sen, the modern i

* in the new British watch to twenty dove, so that they will be mad

HONGKONG SHARE REPORT.

-SELLERS; SA-SALES; B-BUYERS; N.-NOMINAL.

OFFICIAL PRICES. BANKS.

H. K. & S. Banka sa, & b. $610.-

MARINE INSURANCES.

H.K. Fires

Douglases

BANKS:

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

· FOREIGN EXCHANGE and General Banking Business Fransacted.

Cantona

$520

North Chinas

tfnions

$770

Yangtszes

ex 75 $19

FIRE INSURANCES.

China Fires

1.

D

15) #290

SHIPPING.

b. Steamboats b. Indos (Det.). ludos (Pref.)

$7.3 $17

b. & za. $33

1.

$35

INTEREST ON FIXED DEPOSITS:

For 3 Months 3% per annum.

For 6 Months 47%, per annum. For 12 Months 43% per annum LOOK POON SHAN;

Chief Manager,

Shells Ferries

107/6

6.

$29.

REFINERIES.

Sugars

Malabons

B

382 $29

MINING

Kailans

b.

Langkats

t. 121

Raubs

B.

$2,60

Tronobs

4.

28/-

Urals

2.

821-

Oriental Cous. b.

DOCKS, WHARVES, GODOWNS, &C. · ́` H. K. Wharves 88 Kowloon Docks. 8a. S'hai Docks b.

S'hal CottonS

401-

281-

BANQUE INDUSTRIELLE

F

DE HINE

行銀業實法中

Capital (Paid up)...France 45,000,000 (1/3 of the Capital subscribed by the Geveramast of the Chinese Republ.)

Chairman of the

Board of Directors Andre Berthelst. General Manager A. J. Fernotje.

HEAD OFFICE:

574 Rue Saint Lacare, PARIS

BRANCHES:

PEKING, SHANGHAL TIENTSIN HONGKONG, and SAIGON, BANKERS,

pour

Is FRANCE: Société Général

favoriser le Développement du Coma- merce et de l'Industrie en France. In LONDON: London County & Wext=

minster Bank, Ltd.

In NEW YORK: Redmond & Co. In ITALY: Banca Commerciale Italians. Taingraphic Address: CHIBANKIND.

Interest sllowed on Current Accounts and Fixed Deposits, Terms on application. Every [descriptica of Banking and Exchange bosiness Transacted.

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

Tel. No. 2352

5. Chater Road,

Hongkong, 20th August, 1917..

$83 $115 # t 72

LANDS, HOTELS AND BUILDINGS. Centrals

b.

$89

H. K. Hotels

S.

$94

Land Invest...

12.

88

H'plu eys Est.

$6

K'loon Lands

$50

S'hai Lands West Points Reclamations 1.

5.

n.

t..74

$85 $115

COTTON, MILLS:

Ewos

22.

t, 255

Kung Yiks **

b.

t. 1434

b.

t. 114.

Yangtszepoos

b

*t. 5,50

Orientals

⚫t: 36

Borneos.

13.

$61 84,50

$714

$21

b.

€7.10

IL

148

H. K. Ice Co.,

IL

$149

Ropes

D.

$26

TIME TABLE

Steel Foundries

$10

Trams, Low Level sa..

$6

1

VERT 16 Ma

5.00 ... 20

10.00 A.

IO MEN.

Trams, Peak, old s. Trams,Peak, new s. Laundries b.

#81

11.00.

16 MER

cts. 90

IMPAL. 10

88

1.46 F.3. 10

$19

BIG PIG.

Watsons

#6

Wm. Powells Morning Posts

'S,

B.

$6,60

n.

$29

**

MISCELLANEOUS.

China Light & P... Providents

Dairy Farms Green Islanda

H, K. Electrics

U. Waterboats n.

GORRECTED TO HOON THURSDAY

OCTOBER 4, 1917,

BENJAMIN & POTTS.

Share and General, Brokers,

Princes Building.

Tel address: Broker.

UNCLAIMED TELEGRAMS.

The Great Northern Telegraph Company, Ltd.

Ab Foo Yun Tong, from Cavite, Manila.

Tuckchong, from Kobe. Silve, Korea Maru. from Shanghai.

T. E KRING. Act. Superintendent. Hongkong, Sept. 27, 1917.

Eastern Extension, Australasi

& China Telegraph Co.

NOTICES,

NOTICE.

PEAK TRAMWAY CO.

LIMITED.

11.00.

1.4 ..

1.157.1

1.00 5.36

1.00 ..

HIGHT CARE.

ID MIN

18 M

10 MEN

10 ..

SER EX. `ADÓ # PAL 1.30 La

1960 r.K. Stary ball host. 15:50 PM 40 11.68FX ATHY quariat of an hour."

BUNDAYS:

KAT 18 MIN.

10 M

21. AM. 60

19.30 A.M. 11.00 4.6

·lass Bonu

16 M.

10 340

6.30 PM.

13 M.

LOG.

10 MIL

1 м.

10 MIN.

HIGIT CASH sa en Week Days.

SATURDAYS:

Mens One at Midnight

SPECIAL CARE

My Arrangeröaut at the Company's Offian, Alexandra. Hufldings.

D44 VORE RO

* Basses and panob tinketa avaliable for a Más not already fuli, amuning at the time stated In this Company's time tables, but not for upusta). wers, man, he öktained on application at the

Company Odios :---No-Banaopčickas will

1 mil payment theraine, Bas been made * Bank Mom or by Chaqte_or Compradora Parker zoorosoɛilar Bank Notes "

JOEN D. HUMPHREYS & CO.%2

t:

THE CHINA PROVIDENT LOAN AND MORTGAGE CO, LTD.

(Capital Paid up...$1,250,000.)

Lasa ca Mortengo of Rocks Proparky, he, ́tapete cosetrell on Storage.

LAMINOI Made on Marchandise. TARN TAGE WR the Provident Syskont, ·

ATAUSTEK, EXECUTOR OF 'WILLS. AUTORIDIT, 46. Undictajes and Summalat,

Chunsing, from Sandakan. Gincheong, from Fopchow. Hildreth, from Saigon. Hocksanghin, from Semarang. (Radosnat Pariimtiars'on apgilonason) - Homyashi Watanale, from Thursday Island.

Kingleeyuan, from ShanghaÍ, Kwongsikloong, from Puket, Kyanmoshin clo .Fookyee Winglok St., from Mandalay,

Laiszches Poonkaw, from Pen-

ang.

+

Senghrngbong, from Chefoo. Bikke Cheapgrick, from Calcutta.

Singlichos, from Borrabain, Santos Sanches Catalino clo Rikr Maru (2), from Manila,

Tonportal, fram Haiphong." White Hedley, from Bangkok, Wingshun, from Penang, Tootsi, c/o Kwanshunchan from Nawahwang.

Hon

To the Diles of

SHEWAN, TOMES & CO.;

General Mangoera.

MARTIN

BANKS

HONGKONG & SHANGHAI BANKING CORPORA

Paid-up Capitai

RESERVE FUNDS 1

Sterling

-£1,500,000 at: 24

$15,000,000

Silver 18,300,000,

1 133 500,00€

Reserve Liability of

Proprietors....$15,000,000

- COURT OF DIRECTORS Hes. M. J. E. Dodwell Chalmer How. Ne. T. Harospery Obalrati Hoa Mr. E Anton F. C. Betcher,

M. Zdairy EV. D. Fr,

W. Fattendan, Rot-

9.

A. H Comption, “Ex

UKLEY MANadka Bengkong. J. Stabb, Bay.

MANAGER

Shanghai G. Stephen, Ess London Bapka-London CoopEY REG Wasimiawer Bank Limited.

r』

Hongkong-interest Allowed i

De Carract Accounts at the rate of Si pe sent per

Mnem on the daily balance

ON FIXED DEPOSITI

For 1 months, 34 per cent, per acous For the Hij per cent, pO BULBIM For ip montem, par cest, per BNDES. N. J. STABE.

Chief Manar 1.

HONGKONG SAVINGS BANK.

TAX Bestes of the above Xask is concECT" the HONGKONG AND SHANGHAI BAXING

... CORPORATION,

Reiss may be obtained on applic

INTEREST o deposita is allowed,pe the mis Southly balances at $5} for cost per ANDUM, Depositors way transfer, at the option balanses of $100 or more to the Hoogkong and laughi Bank to be placed on FIXED DEPOSIT &

CREL Pers.

Blow

For the Hongkong and Khangbai Mukrz Corpora

N. J. STABE

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter Dg

HEAD OFFICE —LOSTONI

PAID-UP CAPITAL

RESERVE FUND

RESERVE LIABILITY OF

"

PROPRIETOEX.

FOREIGN EXCHANGE and General Bankisi

business transacted, CURRENT ACTUENTY CHned nad: 713K DEPOSITS szived for 1 year or shorter periods, vi rates which will be quoted on application

T. C. TOWNING,

Manage Hongkong, 11th April, 1912.

THE MERCANTILF BANK OF INDIA, LIMITED

Head Office 15, Gracecharak Street, London,

Authorised Capitai .................£1,500,000 Subscribed

Paid Up

Reserve Fund

49

N

ת

YANKERK

The Bark of Kaplar

"

1,125,005:

582,500 600.00%

The London Telat Stock Eaux. Stadtt!

fromber

..

Calcutie

relomb::

The thi-

Hoogteaz

Kamerab

Xandy

Ko Bhars

BRANCHE

Kanchi

Kesia LamptE

Maria

Festr

Rangeen

Thautbal

Singapor!

Port Losis (Mauritius.)

HONGKONG BRANCA,

Every description of Barking and Exchang business transacted.

Julerest allowed on Current Accounts at a purpo per sapm on Daily Faiances, and on Find Depar at rates which may be ascertalsed ze apaizacios.

C. CHAMPEIN,

Acting MangoM

INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE: S

55. Wall St., New York.

LONDON OFFICE: 16, Bisagrasate, LL. CAPITAL & SUPPLUS UA, 16,300,001 UNDIVIDED PROFITA US. $1,348,006- UBL 17248 POG

BRAN S

BOMBAY "LONDON CALCUTTA CAKTON CFBU.. COLON

MANILA MEDELLIN PANAHA

FFKING

HANKOW

PUERTO

FAN PEDRO

DE KAFORIS. BANTO DOMINAT SAN FRANCISCO SHANGRA BINGAPOR HONGKOND PLATA. TIENTSUN КОВЕ

YOROBAMA Though its close affiliarles NATIONAL CITY BANK OF NEW YORK, with The Los Bank i zal to me.Serices of the Eranches of the Instipation in Cars Goeth America, and nisaubere, nAMİY

BAHIA, BUENOS AIRES, GEKDA HAYANA MONTEVIDEO,

R10 PAULO, PATROGRAD VALPARAISO,

SAC

DE

SANTIAGO DE CUBA. SANTORIRO

All kinds of FOREIGN & LOCAL BANKING ́. BUSINESS UNACIO

CURRENT ACCOUNTS opened and PIXET DEPOSITS Inceived at patasso be escontained se application.

GEORGE HOGG, " MacNEW

Hongkong, 26th September. 1916

THE

YOKOHAMA SPECIE BANK.

· LIMITED.

Established 1880;**- Authorised Capital Yer 48,000,000 Paid-up Capital

36,000,00 Reserve Fund...... 22.100,000 Head Office YOKOHAMA