1917-12-04 — Page 9

Hongkong Telegraph 港電新報 士蔑新聞 All

WAR HUMOUR.

A Reply to Some: Critics. Harold Begbie, writes in the Daly Chronicle as follows:-

One

THE HONGKONG TELEGRAPH TUESDAY, DECEMBER 4. 1917.

COMMERCIAL NEWS.

BRITISH COINAGE.

The Breakdown of the Penny, The Decimal Association publishes the following letter in the Journal of Commerce :—

"HONGKONG SHARE

REPORT.

8-SELLERS; SA-BALES; K-BUYERS; N.-NOMINAL.

OFFICIAL PRICES. BANKS.

Vajons

BANKS

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

INTEREST ON FIXED DEPOSITS:

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

TION, Paid-up Capital ... $73,008,048 RESERVE FUNDS:

Sterling

£1,500,000 at 2.

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

-$35-5027-28

Reserve Liability of

Proprietors...$15.000,00@

COURT OF DIRECTORS.

Hon Mr. S. E. Dodwell, at halsmas, Bon. P. Hayost-Deputy Charin Hen. Mr.C& Anton, F. C. Butcher, Babe GT. X. Adkins 20

C $1 Osby 200

E. V. D. Parr, E. Patteodeo. Z

A.

Compton, EN

UKIR MAXAVER

Hong toog-N., Klabb, Ben

KAKAOKE

Shangbal—à. G. Stephen, Exq London Banters-London County and Waatminer Bank, Limited.

Hongtong-fatwrent &llowed

On Current Accounts at the rate of 7 per cent)

$695

#

b.

$310 t. 118 $750

Banking

FOREIGN EXCHANGE-and- General

Business Transacted.

b. ex 78 $100

FIRE INSURANCES.

n.

$130 $310

For 3 Months 3% per annum.

SHIPPING.

$80

For 6 Months 4% per annum.

83

Indos (Def.) indos (Pref.). Shells" Ferries 1

#181 $145 $34 111/-

For 12 Months 43% per annum

aan

14,

$28

LOOK POON SHAN;

Chief Manager,

REFINERIES.

b.

$87

$34

MINING

$9-

t. 16

$2,25

n.

26/-

n.

301-

1.

28/-

..

$96 #1254 t. 7z

BANQUE INDUSTRIELLE DE CHINE.

行鏌業實法中

Capital ( Paid up)...Franca 45,000,000 (1/3 of the Capital subcribed by the

Government of the Chinese Republic.)

Chairman of the

-Board of Director Andre Berthelot. General Manager A. J. Parnotte.

HEAD OFFICE:

74 Ene Saint Lazare, PARIS

·BRANCHES: PEKING. SHANGHAL 'TIENTSIN HONGKONG, and SAIGON,

BANKERS.

pour

La FRANCE: Société Général

favoriser le Développement du Com- merce et de l'Industrie en Franco. In LONDON: London County & West....

minster Bank, Ltd. ma

original article. No-one would say that comio papërs should deses to sppear, or that comic

First' in Rice. theatres should lose Their door, Borma is the world's largest or that bleerful ngladed "people producer of rice, and though.lem So may daw papers in the should cease to laugh. But early than a tenth of the crop in export country have published discus- it will be agreed that it would be ad, even then her exporta con

You will be aware that the sions of this matter, and so many intolerable so bare jebte made on stitate more than half that which demand for the simplification of letters on the subject continue to the horror of these night raids, come ante, international trade. our present system of coinage reach me, that perhse I may be with their suffering and bereave- The figures relating to this, the continans to make headway, and allowed to destroy a central mis-ment for our neighbours, an world's greatest cereal crop, are that many influential bodies ara H. K. & S. Banks a understanding which has made however small a,posis.

colossal. The Barms rice arop contemplating taking steps to for controversy.

...........MARINE INSURANCES. There is one other point I averages 28 million tons a year, stoure the pressge of the neces The complaint is not against should like to mention. Vistor, and upwards of 2 million tons sary legislation.-

Cantons bamour. There is a suggestion in the Chursh Times orticises are exported. The only other The morta of the Decimal North Chinas that soldiers behind the firing my phrase: "Men do not laugh great rice exporting countries are Association are now reinforced by Yangtazes line should be deprived of jest at the thing they truly bate, I French Indo Chins and Siam, the recommendations of the In- and jolly be that people at home

see the danger of this phrase, but which export alightly overstitute of Bankers and the Associa should go today in rekeloth add still think it expresses a pro-million tons a year each. British tion of Chambers of Coinmerce. China Fires ashes. "No suggestion of this found truth. Vistor finds the Indis, therefore, supplies more and all these three bodies are in H. K. Fires kind was made. Indeed, it was phrase "atterly false." He says than half the world's exported agreement that the decided change expressly stated in my article that that men do laugh at things surplus of rice. Exporters of rice can best be accomplished by re Douglases the officer who pleads for less which they truly hate," and on a much smaller scale: are Java, staining our present # sterling as Steamboats wer bamoor is himself a man of

the United States, Italy and Spain. the monetary unit sad by divid- the happiest nature with a dis explains :—

For you do not hate a thing.

ing it by 10, 100, and 1,000 in position towards frivolity of the,

Shanghai Sbare Market, lightest character.

unless you see it is evil, and all}

Mesars. A. L. Auderson and stead of by 20, 240, and 950 as at The complaint is against that that is evil is more or less beard: Co. in their weekly share circular present,

A step towards decimalisation .. form of humour which tends to This, I beg leave to consider, dated Shanghai, November 24, make the unnatural tragedy of in the very flippancy of religion state:It is a fortnight since we was given when the florin was Sugars warʼinto a pantomime, which goes Vistor; if he really mesne what last addressed yon, but of this per-coined (as it represents the exset Malabons grinning on to the battlefield, he says, must be irritated by the iod the former half was devoted by tenth part of the 4) and it will which laagha among the dying little humour of the New Tents clients to the antum racing fixture, be seen from soircalar (issued by Kailans and the dead, which chuckles at ment. The incident of the money so that there is actually only a the sociation) that most of our Langkats the heels of Bairoafather rather changers in the Temple mast week on which to report. The existing coins down tosad itclad- Raubs than strikes the devil sorose bis shook bia feelinge. The distress excellent figures shown by the ing the six-penny picos are avail-Tronohs month with Raemaekers. This is of Jeeas in the presence of the International Cotton Hill for its able and suitable for incorporation Urals called War Bamour. It has no adaltress women must perplex Fear's work, coupled with the io a decimal system of British Oriental Cons.

DOCKS, WHARVES, relation to comedy. It is a thing him. Christ certainly did not abortage of the cotton supply at comage without may alteration which tends to

GODOWNS, &C. home and the brisk business at whatever in their resprotive at evil. Evil makes obroure the laugh

H. K. Wharves ss. horrors of war, lo minimise the is impossible for the Divine Will the local mills generally, bus values...

Efforts to divide the florin into Kowloon Docks Д. tremendous ordeal which we call to be done in earth as it is in fired up cotton considerably!

b. and prices in nearly every care 100 parte and thus strive at a Shai Docks apon our soos to endure, which heaven. It is the supreme enemy

LANDS, HOTELS diminishes their heroism, which of man's happiness. It is the have advanced. Among the rab-complete decimal system of coin.

AND BUILDINGS. darkena their glory, and which cause of all misery and tragedy bere, the continuance of high age, notwithstanding its manifest

and despair. It is the

exchange, and to a greater ex-advantage (which every other Centrals blasphemes their sacrifice.

Let as admire car soldiers for frustration of God's love. Viator, eat the weakness ebowo at the nation in the world aiready H. K. Hotels going up to the trenches with a writing for the Church Times Singapore rubber auctions has enjoys), have hitherto been beset Land Invest. gay song on their lipe; let us may delicately woo the Comic Caused the cancellation of a nam with insurmountable dificulties

ber of taying orders, but on the largely because the change in appland them for returning to Muse for the delectation of young their billeta with a smile on their curates exhausted by Sunday's other hand there is no pressure to volved a slight reduction in the

penny, faces; bat in the name of all that ritual, but I am "perfectly sure he sell and market values continue face values of the ia holy and sacred and decent, would see nothing abeard in the to mark time. Geners! Securities penny, and farthing.

Whenever this step has been for heaven's sake let us forbear to murder of his dearest friend by are still easy and neglected while laugh at the carnage that comes a burglar, in a piece of ewindling Debentures have slightly im diecussed pathetic pictares bare Ewos between. Let us not look for at his own card-table, or in the proved their position and seem bee drawn to illustrate the dire Kung Yiks amazement in the shambles, grinding-down of a swester" if inclined to firm. To-day's open- reaulie which must follow (par. S'hai Cottons Yangtszepoos According to the officer who spoke it reduced his own family tong rats for T/T on London was ticularly to the working classes)

Orientals 4/14: the Dollar rate being spy attempt to tamper with the it is this form of hideous want. War Hamour which dieguste This matter deserves serious-Kochien

73 025. Company Meetings, eto, penny, which became invested

Borneos..- Transportation-with a quite fictitions sanctity. honourable and decent men who attention. The Church has largely The Liquidator anncuncas the The war has, however, charged China Light & P.b. bave suffered the immearorable lost its hold upon the world payment of s firat dividend of many thinge, and the value of

Providents agonies of actual fighting because evil is not real to Tla. 35 per share as for 27th the penny is simong them. It is

Dairy Farms b. They want and demand humoor because it does not feel the awful

Green Islands be Bot too much to say that the H.K. Electrics b. when they come up spain from consequences of Evil. A very produced

inet.; script should that indescribable bell; but not able Socialist olergyman, the International

endorsement. purchasing power of the peney H.K. Ice Co., Cottons: The has completely changed, and Ropes Fach humour as some of us send Rev. W. Blissard, in a remarkable balance at Profit and Losa shows that the inf-xibility of our Steel Foundries them from home which would book entitled "The Economica credit of Tis. 522,610.66 for the subsidiary coinage has been one Trams, Low Level s. make a shell something as comic Anti-Cbrist," to which I hope to year's working which compares of the Causes - accentesting | Trams, Peak, old s. Be a fool's bladder, and a bayonet refer a greater lengih on another very estisfactorily with the lose the high prices of daily necessities Trams, Peak, new s nothing more dreadful than a occasion, chargee the Church with shows a year ago of Tle. 25,250 which have been found to be the Laundries Aspper's hat pin.

complicity in the degradations and 35: it is proposed to pay a root of so much industrial unrest, U. Waterboats b That there is reason in this can destructions of our presens econ-dividend of 10 per cent. and a and the present proposed changes, be seen, ironically enough, frem omic agetem-bich he likens to boons of Tls. 5, write off to instead of being against the in recent events in Londos, War, Prussian militarism What is Depreciation TL, 75,977,50, place dustrial classes, will be of advant in an infinitely trivial relativity, implied," be seks, "in this has been brought bome to the attitude of benevolrat neutrality Equalisation of Dividend, Tis.

to Reserve Tla. 20,000 and to age to them.

One has only to recall the many metropolie. A very few German towards Economic Militariam on 98,000; leaving Tia. 45,833.18 to instances of the prices of balf- BENJAMIN & POTTS, seroplanes have dropped a very the part of modern Christianity? be carried forward. The meeting penny goods and services being Share and General Brokers. few bombs on a very few streets It is its identification with the will take place on 5th proximo.raised to a penny and of penny of London, killing and wounding evil which it entered the world to Anglo Javas:-A third interim of gooda being raised to three-half- an insignificant fraction of its overthrow." That is the purpose Tis. 0.25 is declared for 11th peace for lack of an intermediste inbabitats. But no bomories of Obristianity-to overthrow

proximo. has thought of extracting laughter evil, not to smile at it.

Boa Manggis coinage to realise the truth of from their moonlight visits of

second interim of Ti 0.25 is the statement. To know what evil does to the payable on 28th instant. Taneb These advances of 100 per cent. death and destruction. No Lon-Bouls and bodies of mankind is to Hersh. An interim of Tis. 0.05 and 50 per cent, respectively have rrr........ doner would smile to see jest hate it, and be who, bating it is advertised for payment on 7th been made when perhape 20 per Demand made of an auroofed house or of with all his heart and mind,

cent, would have reimbursed the 30 dis....... women and children

próximo. crashed strives to destroy its powers, does

Bellers for their increased coat; so dia........ together in the Tabe corridors. It not laugh at it. Evil-is not "more

Japan and Wool. is felt by all Londen that no local or less absurd." It is the enemy tare and Commerce is making sabeidiary coins, haring values T/T Shanghai....

The Department of Agrical- and the introduction of new Berts and Ole Bills should be of mankind and the bater of good. steady investigations into the intermediate between our present T/T Singapore allowed to express humorous feel. I can assure Viator that the possibility of Japan producing half penny and penaz, and be / Japan ings in this matter. It is top near. Lord's Prayer will never be her own wool instead of entirely sween It is too sotasi. It is too visible realised by laughter. The King depending upon the precarious halfpence, would accordingly be Demand, Franci

our penny and three IT India This, I think, conclusively dem of Beaves will not come with apply from foreign countries as a great boon to the consumer of

T/T San Francis- establiebes the point made in my emilse.

co & New York) et present. Several experts bave "pennyworthe" in say form, TIP JAVA been or will be despatched to It is certain that the pre-war T/T Marks. Taiwan, Manchuria, Mongolia and level of prices cannot be restored T/T Franca. other places in the East which for a long time to come (if ever), are within easy reach of the and that the provision of an en- empire for that end. The wool larged range of low denomination m/s. LO 3-14 Degotitions with Great Britain coins in closely graduated steps 4 m/s D/P...

31-36 are still at a asandatill, Since would accordingly afford much 6 m/s. L/C...

31-53 the consent to the sale of 50,000 relief to cor hard-pressed people, 30 dis. Sydney &}

3:-56 bales was obtained from the while enabling the seller to get a Melbourne...ired British Government fome time fair increase of price for hisarticle. 30 da. Ban Franc-

7034 If we on simultaneously pro

isco & New Yorkƒ _ ago for the use of the Army Woollen Cloth Manufactory, pot vide the desired relief and reap 4 m/s. Marks

Nom. a single sale bas been made by the benefits of decimal coinage that country to Japan. Privatee shall have done something to requirements are eccordingly not merit the gratitude of our country-Demand, New York. 695%. considered by Great Britain men both now and in the fature. T/T Bombay ......... favourably says the Tokio Ad.

to me,

If you DESIRE to be SMART

order your DRESSES

at

MAISON

LILY

Best Fashions

Moderate Prices

for

from abanla'a

In NEW YORK: Redmond & Co. In ITALY: Banca Commerciale Italiana.. Telegraphic Address : CHIBANKIND.

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

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

Tel. No. 2332

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

NOTICES.

oo the daily balancs,

ON FIXED DEPOSITS.

Tur 3 months, 14 per cabt, per annen.

For 6 mouts per cal per kan

or is months 4 per cent per BDSM, N. J. STABP.

"

Chief Mage2,

HONGKONG SAVINGS BANK. TEX Bonines of the damn Bank kaiser - the HONGKONG AND SHANGHAI BAKZING CORPORATION,

aberined an application!

The deponly £4" allowed ĉin the

Imam monthly bakacsa És per RACES Depositons may transfer, as their upclos, balanc

of $100 or more to the Hongkong and Stanghal Bank to be placed on FIXED EXPORT), az e For the Hongtang and Shanghal Banks & Corpora

N.J. STABB,

حجل

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Lacorporated by Royal Charter 1851

FAID-UP CAPITAL, 1541551 RESERVE FUND

RESERVE LIABILITY

PROPRIETORS

OF

2, 2000, 100

TORSION CHANO3 and General Baskwi

busines transected, CUBSENT ACCOUNTS opened and 71 JEPOSITS received for 1 year of audrier parkees' s' rates which will be quoted on application.

T. C. DOWNING,

•Managu Hongkong, lith April, 1912.

THE MERCANTILE BANK O

INDIA. LIMITED.

"Head Office 15, Gracechurel Street, London,

b.

$90

b.

$90

balf-

H'phreys Est. Kloon Lands S'hai Lands: West Points Reclamations

COTTON MILLS.

D.

$98

b.

$5,75

M."

$30

b.

D: 70

Է::

$79

$115

b. 4,172,

b.

t-15

b.

114

b.

t. 6,65

S.

t, 10..

11.

MISCELLANEOUS.

b.

$61

$516

b.

$712

$24

50

$7.65

I.

n

-$48 #150 829

.

$10

TIME TABLE.

$5.60

Rombay

$81 #

Takenta

EVERY 13 MIR

Colombo

10.00

10 Mos

cts..90

Delbi

11.00 M

Galle

I

15 Ma

Hongkong t

Hotab

$12

Kandy

1.182.3.

b.

5

B.

$6,50

100 10

$29

1.30 7.3

Watsons

Wm. Powells Morning Posts

b.

1

'CORRECTED TOʻNOON TUESDAY DECEMBER 4, 1917,

.. Princes Building.

Tel. address: Broker.

EXCHANGE. "SELLING...

2/11 2/1136 2/11

2/1134

2/11/2

Nom.

v. 12418

13414

Nom Nom

6914

158

Nom.

4.0214

Demand, Paris ......... 403

BUYING.

& mis, France***** 4 mis, Francs ...... 4.1744

Demand, Germany,

4:214

Demand, Bombay ........ Nom. TT Calcutta foreign Demand, Calcutta... Nam,

139- neces-Demand, Manila

***

rtiaer. According to the. Də partament of Agriculture and wool. гара Commerce, however, Jiponene help is ap wożllen milla regnire more then sity and the policy of the Demand, Singapore. 1246 35,138,000 pond, vlued at Jep prae Government is eccord.On Haiphong 134% prem.

17% prem T.33,506,000 acuually if the imingly directed on that line in thi-On Sauron

On Bangkok. 5234 post for the past year is to bej matter. "The Government jo-

Sovereign-.-.-

6.75 Nom relied upon aa the approximate valighter the matter and on the Gold Leaf, per o... 44. estimate of their requirements. Brength of the result," said the Bar Silver, per oz.... 4234 This year nearly that smount has officials in the department, “a been obtained from various deficitive step will be taken SUBSIDIARY COINS. sourcea, but the Department of sortly. Already the raising of Agriculture and Commerce has sheep has been started in Japan, gid that that was not a good but the result is very poor now. policy. In the opinion of the The tcial number of sheep rated Таравена Government the is only 3,000, their annual yield indepenienos of Japanese of wool being 15,000 pounds.

DISCOUNT PER $1001)

Chinese... 20 ots. pieces 76% dis. Chinese... 10

74% Hongkong 20 cents, 6, par.

NOTICE

PEAK TRAMWAY CO.

LIMITED.

5.00 P.M.

8.60 1. NIGHT CAMH.

11.00 P.M.

and fra

18 MIL

10 M

1.300

*#ry half hour.

1100 Ft 11,457.1 svaty quarter of an hour.

SUNDAYS:

MAX 2

10.30 AM. 12.00 L 19.00 Noon

1988 Mack to 100 PAL 16. M. 630 736.

3.2 10

10 Max

la Mot

8.00 PL

18030

IB MIX

1.00 7.X

Ju Ma

KISET CARE san Wish DayE

SATURDAYS:

Mrs Car at Midnight.

SPECIAL CABE

By Azzangsingai se the Companje Džia Lemandra Rubidings,

"Sesc

Dee You Road"

and punch"teksta avaliable for mi GAS DON Mirandy fall, running at ties Aline stated 2x Company's tiada tabisë, but not for up Daza, can be obtained on appleation -COMPLEY'S Of No Benson ticket who he

sad taal) payment thetelor has cha made, } in Bank Moms or by Cheque et Compradera

Batik Now”- order reg D. HUMPHREYS & CO.s! 1

THE OHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.

!

(Capital Paid up---$1,250,000.) Cene un Moring of Rooms Property, bu Geode racetred on Dorice Advanone'zozzi en Merchandise. Zeus maža on the Providers Byztona.

PEDSTER. EXECUTOR-OF WELZA ATTOKKEY, he Undertaken med Euroni

Rates and Farmlar on application) To the Oztien of

SHEWAN, TOMES & CO.,

General Managers.

¿ MARTIN'S

APIOL 8STEEL

32zonek Rozvody Say nil Serudzinection).

Zack's tireuntarily of the Mystem

I kira booma "be that an the deat

Masky denn mar de Montefament. Metabo Man Shota keczeraand, them, hamda bhairanor. PHONE PARA Aİl Gomesīvie and stores indí thn Baratahoul se arde girl tran_Ges; FARTEN, CHMmki, Semtonington, Eng

MARTIN'S APIOL &STEEL SSGDEPILLS

Authorised Capital 1,600,000

Bubar ribed •

Paid Up

Reserve Fund

1

1.125,00

562,50€

600,004

BANKERS: The Back cf Esgled The London Folot Stock back, Lane 10: Ad BRANCHSE p

Port Lools (Mauritius, }

Kamchi Kots Bra

Kosis Lamph Madera

Pesang

RABZO

Thatybai

Singaporel

HONGKONG BRANCH

Every descripties of Banking" and Excity. baslonssiasacted.

interest allowed an Current devenus at sper c per anaam on Daily Balances, and on Fiam Depor at raies which may be ascertained on application

C. CHAMPKIN.

Acting Manager

INTERNATIONAL BANKINO

CORPORATION.

HEAD OFFICE: 55. Wall St, New Yo LONDON CUFFICE:

16. Bish, EC. !! CAPITAL & F

RPLUS UA$$300 UNDIVIDE PROFITS UE. $1,548.004

US$7,848.000

BRAN FRS-

LONDON

MANILA

FAN FEDEO'

DE MADRI5.

MEDELLIN SANTO DOMING

BOMBAY

i

CALCUTTA CANTON

CEBU.

.. PANAMA

COLON

PRKING

PUERTO

HANKOW HONGKONG PLATA, ХОЗЕ

SAN FRANCISCO

SHANGHAI

SINGAPORI

TIESTSING YOKOHAMA

Throwab its close liation wig!$* NATIONAL CITY BANK OF NEW YORK the Back is able to gầm Services of the Branches of that Institation Car So America, and elecskeys, namely—

BAHIA BUENOS AIRES, 68BDA, BÅVANAa MONTEVIDEO, 210 DE JANEIRO SANTIAGO DE CUBA, FANTŐS, S&C PAUL, PETROGRAD VALPARAISO,

All kinds of FOREIGN & LOCAL BANKIKA BUSINEES transacted.

CURRENT ACCOUNTS.opened and FI22: DEPOSITS received at sasea to be ascertained s application..

GEORGE HOOG

Manage

Hongkong, 26th September, 3916

~THE

YOKOHAMA SPECIE BANK

LIMITED.

Established 1880.

Authorised Capital Yen 48,00LQUE Paid-up Capital...

Reserve Fund.......

36,000,00

22.100,00

Usad Office.-YOKOHAMA

Branches and

Anting-Helen'

Bombay

Chicntza

Agrochu Newmans 29ew Yor

Duka

Peldog

Kyun (ruk "Arthuri

Daires

Yeartien

Zarbin

Bankow

Honolul

Bydzia

Kobe

Bestie

Foodon

Treizītes

3/Tons

Los Angelos Tsingtan

Tokyo

Interest allowed on Current Accommia. Depos received for fod sɔeriode să rates to be obtainer og applicasion

LISHI ONO, Manager Hongkong. 10th October, 1917,

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