1917-12-05 — Page 9

ment rates.

THE HONGKONG TELEGRAPH, WEDNESDAY, DECEMBER 5, 1917,

COMMERCIAL

NEWS

Proposed Extension of lado

Japanese Draft Date.

Дая

go a

Ladie.

long

The Chemical Trade.

HONGKONG SHARE REPORT.

SSELLERS; SA~SALES; B.-BUYERS; N.-NOMINAL.

OFFICIAL PRICES.

*BANKS.

K. & S.`Banks'e.

$620

MARINE INSURANCES.

The

Cantons

*

REFINERIES.

BANKS

BANK OF CANTON,

LIMITED

HEAD OFFICE, HONGKONG

**

INTEREST ON FIXED DEPOSITS:

BANQUE INDUSTRIELLE

DE HINE.

行銀業實法中

Capital (4 Paid up) ...Francs 45,000,000

(1/3 of the Capital subscribed by the

Government of the Chinese Republic.)

Chairman of the""

Board of Directors Andre Beitheist, General Manager A. J. Pernotte. HEAD OFFICE:

74 Ros Saint Lazare, PARIS BRANCHES: PEKING. SHANGHAI TIENTSIN .

HONGKONG, and SAIGON. BANKERS

In FRANCE: Société Générale pour favoriser le Développement. du Comi- maros es de l'Industrie en France.

In LONDON: London County & West-

minster Bank, Ltd.

# 126

$310

S.

180

For 3 Months 3% per annum

For 6 Months 4% per annum.

sa. & s. 18

ม

b."

b.

$145

$31. 111/6

$281

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager,

b.

488

b.

$34

MINING

39;-

£15

II.

· 82,25

26/-

n.

1.

30/-

28/-

DOCKS, WHARVES, GODOWNS, &C.

$96

S.

b.

$125

t.

LANDS, HOTELS

b.

$9

2

b.

$90

n.

$58.

b.

-$5.75

a.

$30

b.

t. TO

b.

$79

1.

$115

COTTON MILLS.

b.

2, 1726

b.

t. 135

t. 114

b.

t. 6,65

S.

. t. 10.

$461

$316

b.

8752

b.

$21

b.

$7.6)

b.

$48

n.

$ 150

1.

€29

n.

$30

$6.60

48

cts. Su

b. & sa.

S.

$12

$6,50 629

Ia NEW YORK : Redmond & Co.

Io ITALY: Banca Commercials Italiana. Telegraphic Address: CHIBANKIND.

Spanish Olive Oil, or so at a time. They are not

will be able to be kept open sa it The Spanish Government lus,quipped to extract the oil on the

was last winter owing to the silted prohibited the export of olive oil boats, and therefore the captured

stale of Taku Bar caused by the means of encouraging Chihli fodr. from the Spanish territories with whales bare to be towed to port.

As regards the the exception of the stocks for About 10 in 20 per cent, ste lost Japan's export trade to Indis south, the foods in Siam and warded för foreign destinations through various causer, eg and thus to reduce the difficulties consequent damage to arope has hefore the date of the probibition storms and breaking of ropes. The attendant upon the importation had a weakening effect on the decres or earmarked for shipment varieties of whals mostly ought

Fouthern market. For New York before the same date. In the are the sperm and sulphur Indian raw cotton it is vis Panama :-The congestion of

FOREIGN EXCHANGE and General Cse of these exceptional ship bottom: According to figures sup reported that the authorities are cargo on this berth continues

Banking $3.0

busters meath the Government will levy plied by the Fisheries Bareau contemplating the extension of and we see no chance of any North Chinas

Fransacted. b. & sa. t. 115 a certain amount of export of the Japanone Depart the term if drafts on India, relief in the near future,

Unions

- $750 datier,

Yangtazes ment of Agriculture sad com, and are now in communication

b. ex 73 $190 The Home Markets. merce, the estimated number with the exobarge banks on

FIRE INSURANCES. Leador, October 3-The Bank of bales ought in 1916 the matter. The proposal is

China Fires rate remains unchanged at 5 per 1,400 valued at 1,150.000 se nothing ner, being professedly Professor Arthur G. Green, H. K Fires M. cent. The Open market rate for compared with actual catches of modelled on a German practice. F.RS, of the Manchester School

SHIPPING. short loans is still per orat., 1710 whales in 1915, valued at It ia pointed out that the resson of Technology, approached on Douglases and dieconst for four months Y. 1,084,809, and 1.700 in 1914, why before the war Germany was October 10 for his views upon the Steamboats Bank billa 4 13-16 to 4 per cent valued at Y.1,412,468. The ap able to command the greater indictmenta.

which Professor Indos (Def.) The Silver market has experiene proximate yield of whale oil in portion of Russia's import trade Armstrong and Professor: Pape Indos (Préf.) ed a sharp reaction, bara being Japan is stated to have been was because the German exporters levelled against the Government's Shells now quoted at 47; 1, per cz. The 2 500 tons in 1913, 4,500 to in allowed long credits for their handling of the chemical indai Ferries meeting has been held of the 1914, and 5,500 tons in 1915. Rassian castomer, their draftstry, expressed his fall agreement Darjan (Java) Rabber Estate. About 5.000 tons is considered & often rapping for one or even two with the views pat forward by Sugars Coffee has maintained a steady safe estimate of the production in

yearr If a similar practice is Pofessors Pope and Armstrong, Malabons 100% with moderate sales 1917. The process of rendering adopted by Japanese merchante "After nearly three years' trial,” Sugar firm at the fixed rates. the oil, whilst effective as regards with regard to India, this will he said, "it must be regretfully Kailanı Peppere quiet, but firm. Rice the quantity obtained, in as yet

towards admitted that the way

measures Langkats atrady and unchanged. Manils orade and unsatisfactory as reincressing Japan's exports to taken by the Government Raubs Hemp is still firm at the Govern garde quality,

The authorities ac have hitherto availed little or Tronohs Plantation Rubber

credited with a desire to see the nothing towards establishing the Urals bea bred dull and prices easier.

Freight Rates.

maximum term of Japanese industry upon a permsment foot- Oriental Cons. Standard No. 1 Crepe being now The major part of the American drafta on India, which is ating in this cruntry, ba', on the 28 88, per ib., and Smoked Sheet merchantmen under the control present three or four menthe contrary, "hase rather lended to 2. 61. per lb. Fine Bard Pars their Government are to be extended to one year or eo. Anjimpade normal development. H. KAVharves s is 3. 4. per 1. S raite Tin it allowed to remain in their present extension of the term means en Such progress as has been fected Kowloon Docks £243 10. to £224 for cash, and services, the U. S. commandeer advance in the discount rate, but has been entirely due to the an. S'hai Docks 5241 to £241 10, for three months' ing of all the vessels of over 2.500 this disadvantage exporters may assisted enterprise of individual delivery.

tode, king ffect from October bift on to the shoulders of the firms, 1 he appointment of a man AND BUILDINGS. American Dyer. 15, being operative in the only Indian consumer by correspondan Government dye-stuff rod Centrals The American dye industry bar shape of keeping the freight rates ingly saising the price of goods. troller who, however enicent and H. K. Hotels not only grown big enough to within the specified limite. There The exchange bankers, bowever, capable he may be, does not Land Invest. supply practically al domestic is no doubt, however, that the will be et acme diencvantage possess expert knowledge of the H'phreys Est. needs, but is now exporting im rates have been depressed by in that their working capital dyesta industry, ia

Only K'loon Lands portant quantities to other nations, the commandeering. A will have to be locked up.

Shai Lands It is perpatasting the original error. In July nearly $500,000 wonb garda cargo bo ta

laok

therefore said that if the reported Ucles ermething more then West Points of aniline dyee were shipped tanmere, the freights were ficc Government proposal is to be this is dove, much abroad, eccording to gareetuating between 478. 61. and 50s. realised, the Bank of Japan or ground gained during the war pablished by the Barest of For-from the end of last year to last some other semi-official banking will be lost again afterwarde and Ewos eign and Demeatic Commerce of Antoran. At the time of promul institutions will be called upon to the control of the dye staff mapa: Kung Yiks the Department of Commerce gation of the Requieition Law, sfford special facilities to the factoring industry, so essential to Shai Cottons This is the first time that separats the market became rather depre exchange banke in re-discounting the economie, scientific sad in-

Yangtszepoos statistics for aniline xport bave cisted, and 35, to 428. 8d. for the of drafta with a view both of tellectual development of thie Orientals ever been issued, the innova South American service, and 43, relieving the strain on the latte's ooan ry, will inevitably relapse

MISCELLANEOUS. tion resalting from the recept 6d. to 45 for the neatral vessela ospital and of minimising the once more into German control, Borneos

b. striking growth of the trade on the trans-Pacific "service

extent to which exporters will find The strength of the German post- | Of all the industries created or were

Chida Light & P.b, quoted, which rates themselves

Providents compelled by the tion lies largely in the saperior Dairy Farms developed as a direct resalt of bawa come down by about advance in the discount rate to knowledge which they have acca Green Islands war conditions, acus has shown 30-40 per cent. at present. raise the price of export to Indie, malated daring half a century by H. K. Electrics more rapid ProCIPAR that In comparison, however, with the American dyestr . From only rate of G. $2.20 named by the

the work of bandreds of research H.K. Ice Co., -Japan Chronicle. Beren establishments in which British G. vernment for 4,000.

chemists and by the establishment Ropes 528 people were engaged in 6,000 ton clase cargo boats, the

of so army of experts (chemieta, Steel Foundries producing 8619,729 pounds of American rate are still nearly

chemical engineere, dyere, and Trams, Low Level s. Mesara. Wheelock and Co.. in business mer), which has been Trams, Peak, old s. 'coal-tar colours, valued

their fortnightly freight market gradually called into existence as Trams, Peak, new s. $1,126,699, in 1914, the industry Bat the present American ratea report, state: We intend to ignore the inda-try grew. One of the Laundries has developed antil now it are quite low, compared with the freight market to the United first directions, therefore, in which U. Waterboats b..

tbe only applies domestic shose obtaining in Japan, viz, Kingdom in the future-oblece State assistance in argently re demand for colours, but has ever about . Y. 23-24 for 2,500-3,000

som- thing important or invaded the foreign market inton clae veseele and about G. Y.

acquired, is a large grant to covar fore-een

there the cost of essential research, Earpelo, Beutel and allied 25 for 6,000-8 000 ton clave sb-olutely no change to countries, Canady,

re-The second is that the dye-stuff Mexico vesel. The charges for the part from one month'e end to industry should be regarded as a Argentina, Brzil, British Ladispassenger boste computed the other and this is likely war industry, and afforded every and Japan.

en the prosa ton as in Great to exist ea lorg as the Goyera-facility to establish itself, ga for Share and General Brokers, Britain, while the cargo-bosta ment control of shipping lasts. Ba may be possible, before the Whaling in Jappensters is 130 Ly the dead-weight Pacific:-The Transpacific retorn of normal times. The carried on under lice; ce from the on. Taie copying of the British Freight Barsan has just issued world's stocks of pre-war ya. Government, the pumber cf example in adopting the distinct tan No. 7, according to which stuff are now nestly exhausted, whalers being restricted to 30, of hages of calcalation may have the rate on tea has been redccad and it is certain that upon the which coe company was 24 been made with an eye to using 16 G. 40 per ton and on general conclusion of pesce there will be There is little prospect of the the bulk of the passenger tonnage cargo to G. $50 per ton, but the sa enormous demand for all! number of whalers being increas available for the transportation revival in the export market, countries to replenish the ex-Demand ed at prevent. The whalera are of troops and war etorea to the bich wa loreshadowed in car haasted supplies. If our factories 3 dis......... steam Teasels of about 100 to 150 Allied countries in Europe. list issue, continues and an extra are not in a position to accept a 60d/............... ons, sad se built after the Compered with the rares ralipataide" boat has been placed large proportion of these orders 4 m/s Norwegian whaling type. They in Great Britain, where the earry a crew of frim 25 to 30, ficial rates are

On the "berth for December they must of necessity go to T/T Shanghai..... no more than the garnere being mostly No-254. per ton gross for those January loading at 9, $50 per German works. Every effort T/T Singapore ...... 1243% wrgier. The boats Feldom ventare 15-20 keats, the American rates more than 50 to 60 miles from in the Requisiton Law are nearly land, and only remain out a day fourfold.

Whaling in Japan.

Btwice a dear.

ΑΙΘ

and

If you DESIRE to be SMART

order your DRESSES

at

MAISON LILY

Best Fashions

Moderate Prices

Shanghai Freight Market.

Occurs-B

of the

Reclamations

5.

Watsons Wm. Powells Morning Posts a.

CORRECTED TO NOON WEDNESDAY

DECEMBER 5, 1917,

BENJAMIN & POTTS,

TIT

"Princes Building."

Tel, address: Broker.

EXCHANGE.

SELLING.

2/11 2/1116

2/11/4

2/1136

2011

Nom.

13452

ton weight or measurement, at should be concentrated on im- F/T Japan ship's option. Coastwise:Our prving our processer, and ex- northern market bsa coctioned teading the acale of our operations, T/T. San Francis-

T/T India .................b. Nom. Demand, India ................. Nom, fairly sotive during he past and Government assistance should

6912 co & New York fortnight and the demand only be given to those who have T/T Java seems likely to inorese. New-proved by their previous schieve. T/T Marks. obwang is exproted to close about menta that they are qualified to T/T France...... the end of this month and it is carry through what they ander- Demand, Paris.....403 diabifol se yet whether Tientsin take."

A HISTORICAL PORT

A magnion of the Double Diamond, David, to dik the health of Mr. Linkinwater

Charles Dickens "NICHOLAS NICKILBY"

Chap.xxxvII.

DOUBLE

Established 1715.

DIXON'S

DIAMOND PORT

This Brand has been shipped without infermission

for the last 100 years, and is the property of

MORGAN BROTHERS.London &Oporto.

CAN BE HAD FROM ALL WINE AND SPIRIT MERCHANTS."

SOLE AGENTS: ·

H. RUTTONJEE & SON,

14164 Queen's Road":"

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

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

Tel No. 2332 5. Chater Road. Hongkong, 20th August, 1917;

NOTICES.

NOTICE...

EAK TRAMWAY CO.

LIMITED.

TIME. TABLE.

LIGA. 1 1.80 1.25 10 18.00, 11.30 AM. 10 39.ABZ.M. PO 11. 1 1.45 FM, to

LOO to

5803.31.

10 M 10.00 AM 11.02 to Mr

1.14 PM. 14.3 JJB P.X 007.

B.60 T..

NIGHT CAXX.

BANKS

HONGKONG & SANGE I

BANKING CORPUFA

TION...

Faid-up Capital .........$15,008,0># RESERVE FUNDS.

Sterling

£1,500,000 at 21-

-$15,000,000

silver $18,500,000

$33 500,00% Reserve Liability of

Proprietors. $15,000.00#

COURT OF DIRECTORS.

Hos. Mr. S. H. Doc wall. - Bairwa Hon. XLP. Boys Chairma Hed, Mt. C. E. Anton, F. C. Butcher, G.T. X. Adkins, & Fi Gadder: Br.

E. V. D. Parr, Eg FL Pattanden. Kıq.-

Compton, E.

A

CHIES MANAGER

Donglent-N. J. Stabb, c

MANAGER

Shanghald G. Stepben, Est London Bankers London County ana

Wyliner Baak,

ed.

Hongkong-Internal Allowed;

On Carreat Accounts at the este of Ipsi emt pre-

andum on the daily balme

ON FIND DEPOSITS,

far I months, 1 per cent. per sabe

Jor

zoethe, 2 per cent par apa

or is tha, 4 per cent, pET LIGER, N. J. STABE..

Chief. J.

HONGKONG SAVINGS BANK.

Em

THE Business of the above Bank is toecau

HONGKONG AND SHANGHAI BANKING

CORPORATION, Rules as be obtained on appä

INTEREST a deposits la elleves on the min monthly balances at fyi pat sang, Davantem. Depositors say transfer, at their option, balanças of Sabor of more to the Hongkong and Shanghai Back to be placed on FEERD DEPOSIT N emt per ARD

Cerport-

For the Hongkong and Shanghai Bank

N. J. STARE.

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA, ANT -CHINA.

:

locorporated by Royal Charter 1353

+EAD GIFICE-LONDON

PAID-UR CAPITAL

RESERVE FUND

RESENTE LEABILITY

PROPRIETORS

1.100.000

on £2, ¡j 60,001 Incest FOREIGN EXCHANGE and Greecet Baski businet acted, CURKEST ACCOUNTS opened and FIXES DEPOSITA received for & year or 100ter perÏOĆE, S' cates which will be quoted oa application.

T. C. DOWNING,

Manage Hongkong, 11th April, 1912.

THE MERCANTILE PANY OF "INDIA, LIMITED.

Head Office 15. Gracechurel Street, London.

Authorised Capital ......£1,600,000 Subscribed

Paid Up *

Reserve Fund

וקי

1.125.006

562,500 600.000

BANKERK The Bark of England The London Flat Stock Back, Infanta, va BRANCHER IN

Gombay

Calentio

STERY 24 MIN

Colomby

30 Mex

H

Delhi

15 MIN

Galle

Hoorkeeg

19 M

How ab

M

Kandy

MON

IS MIN

30 30

J

254 9 2.1 9.30

1. P.M. #very half hour.

100 9.3. to 11.45 m. *TETY quarter of a hoes. BONDAYS.

SAM 13

11.30 AM to

Xeon LAZA N

YET VIN

10.30

15.00 Spor

16

4.3.3 10

LUCK.M.

1.30 1.1

10 MIN.

10

15:

SATURDAY:

Zurs Car at Midnight

SPECIAL OARE

By Arrangement st the Company's OffiON. Lexandra Buildings

Des Voeux Road

י.

"Koson wid perch ticket svateblo, s mi Bach nón already fall, wanning a die cu huwed is Que Company's main tarina,) at ant fo== ;retur TREE, OLD de noised on stredenidoje nám!}ər CORTAYS Offalk -Nu Branca Uchat wi?}^, And will pay themateg ha

aa brez in Bank Notes or by Cheqts_oz Cimtipracer SOĞUT TEGEMANging Bank Now

JOHN D. BUMPERLTE A OD 4.

#

15314 Nom.

4.0214

BUYING.

4 m/s..D/P....

41m/s. L/C........... 3-4

3-36-

6 m/s. L/C

31-98

30 din. Sydney. & I Melbourne....S

3-56

30 d/s. San Franc-Į

7034

Nom

isco &New York/

4 m/s. Marks

mis. Francs ...... 4.3714 6 m/s. France ...... 4.2211⁄2 Demand, Germany.,

Demand, New York. 695% T/T Bombay. ***** ¡Demand, Bombay... Novi.

T/T Calcutta

Demand, Calcutta... Nom. Demand, Manila... 139. Demand, Singapore. 12411⁄2 On Haiphong

14% prem

On Saigon.....1% On Bangkok........ 5234 Sovereign

prem.

6.75 Nom.

Gold Leaf, per oz... -44... Bar Silver, per oz. 4234

SUBSIDIARY COINS,

DISCOUNT PER $100 Chinese... 20 cts. pieces 74% die. .hinese...10

Hongkong 20 cents c.

10

par.

THE CHINA PROVIDENT LOAN, AND MORTGAGE CO., LTD. (Capital Paid up...$1,250,000.).

Los os Mortage of Mousa Property, DL Gods received on Bioeng. MOTSIOON ILsse ou 16mralandias. Zemna zonde au the Provident System.

TRUITES, EXROUTOR OF. WELZS, ATZOREST, AK. Endertakan and Hovedni,

(Males and Pardesi

spalio

To the Ofion of SHEWAN, TOMES & CO.,

General Managers. !!

MARTIN'S

APIOL&STEEL

KOPILLS

- 1 Prunch Mirsady for all Izzudulatsion

"MATION'S PERIN 31sh bomať do Shad an the tea LOOR ANy - Zrancsively of the brakes ar

mae Shamy rossumend thema,kemon Shaitance mone vain all Diversista aod Buorum mu52 62mm MOTORERO FOL word, at pom 100 /m

“Chancat, Bopintopian, T MARTIN'S

APIOL & STEEL SLEPILIS

Port Loals (Meuricles.}

Karach

Kota Bhar

Kuala Lumer

Madras Penant

Raagoos

Siegspora

المدح عدة

PONGKONG BRANCH. Every description of Banking and Eatban. business transced.

Interest allowed on Current&ccounts at me com. per annum en Daily Balances, and on Fixed Depou at races which may be ascertained on application

C. CHAMPKIN.

Acting Managei

INTERNATIONAL BANKING

CORPORATION.

FEAD OFFICE:

55. Wall St., New York,

LONDON OFFICE 1 16. Bishopsests, E.

CAPITAL & SURPLUS US. 86,300,001 UNDIVIDED PROFITS LA. $1,318,00€

U.S. $7.348,000 ERAN HEF-,"

LONDON MANILA MEDELLIN PANAMA PY KING PUERTO

JAN PEDED .DE MAFORIS. BASTO DOMINOS SAN FRANCISCO SHANGHAI SINGAPORE TIFSTEIN YOKOHAMA

BOMBAY CALCUTTA CANTON CEBU. COLON RANKOW HONGKONG КОЗЕ

Throed NATIONAL CITY BANK OF NEW YORK

with

PLATA

clone alon

the Back is able to offer Services of the Branches of that Institution in Cus Sooth America, and elsewhere, namely

BAHTA, BUENOS AIRES, GRECA, HAFANA MONTEVIDEO, SANTIAGO DE CUBA. FANTOS,

JANEIRO PAUL, FETROGRAD VALPARAISO,

S&L

All kinds of FOREIGN & LOCAL BANKIES, BUSINESS transacted

CURRENT ACCOUNTS opened and FIXI DEPOSITS received as ratanu be excertale me application.

GEORGE HOGG,

Menager

Hongkong, 26th September, 1916

Y

THE

OKOHAMA SPECIE BANK.

LIMITED.

Established 1880.

Authorised Capital Yen 48.000,00.

Paid-up Capital

Reserve Fund.

22,100,00 36,000,000

End Office-YOKOHAMA

Branches

Antang-Haden

Bombay Calcutt Changchan Dairea Fengtien

Bankow Bracinda

Kobe

Clao-Yang London Lyce'

Los Angstor

Agencies Hoverwat

Ceska

Peking Brojun (FOR Arthur

Sranghell

Bydney

Bingapore

Beattie

Tokya

Interest Llowed in Current Acnocrita. Dapos received for fixed periods at rates to be chia os application

FISHI ONO, Managei Hongkong. 10th October 1917.