1918-01-29 — Page 9

COMMERCIAL NEWS.

Siam's Trude.

WORLD FAMINE IN TONNAGE

When Peace Breaks Out,

Bitnation when at

THE HONGKONG TELEGRAPH, TUESDAY, JANUARY 23, 1913.

Bat there is another question GOUZEAUCOURT BATTLE HONGKONG SHARE

which will demand an answer. The Allies poasses splendid ship- | building. facilities. W's in this ocaniry can turn out about 3,000 1000 tona a year if we can obtain sufficient steel, coming to us is the raw or finished asste, in the main, in ships. It is commen

American Engineers Dig and

hold Trenches.,

With the American Army in

Unions

Yangtszes

H.K. Fires

REPORT

b.

BANKS

BANK OF CANTON,

LIMITED.

FOREIGN EXCHANGE and Jeneral

Banking Business fransacted.

INTEREST ON FIXED DEPUSITS:

For 3 Months 3% per annum.

For 6 Months 4% per sorum

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

OFFICIAL PRICES.

HEAD OFFICE, HONGKONG

BANKS.

3630

MARINE INSURANCES.

b.

I.

b.

$300 t. 115 #763 D. ex 75 $205

FIRE INSURANCES. "

b. #127

$310

“

SHIPPING.

63.

88.

$78. $17

$8.

$139

b.

$33

Shells.

112-

Ferries

II.

$28)

REFINERIES.

b.

$90 $34

MINING

BANQUE INDUSTRIELLE DE CHINE.

.b.

881-

t. 141

b.

$2.40

SOL

5.

23/m

D.

271-

DOCKS, WHARVES, GODOWNS, &C.

The Bangkok Times, referring to the trade of Bangkok, azya that

It would be an act of folly to knowledge that orders have been Franes, Wednesday, December 5 the available figures show that the year 1917 was shother record ignore the dangers of the peace plready placed in this country by -How American railway engi. H. K. & S. Banks'sa. year. The importa in 1917 were floodgates, so long shut, are after the declaration of peace. Is with their British cimrades-in-1 laaste Norwegians for ships to be built neers gallantly fought sad died Tes, 91.5 millions against Toa, opened, and from all quarters of no control to be exercised over erme on the British frost before Cantons 86 millions in 1916 and Tor. 91 Europe come insistent demande demands for new phips which Cambrai last week was told to-day North Chinas millions in 1913, the previous for commodities of all descrip may be put forward by neutrale, in a semi-fficial statement. record year. The exports were tions-from food to nickel ore who will have the profits made Tes. 128 7 millione againes Tea and leather. The peril is that the during the present period of high of railway engineers," the state- 1189 millions in 1916 and Tet. people who have soffered so long freight to invest in freak ton-meat says, "with strength of China Fires

"Two and one-half companies 110 millions in 1913. In the owing to Germany's original ein nage? Not only in this country, eight officers and 365 msn, were imports three percent, goods may not onderstand that the war but in every Allied country, it encamped at Fins on November resobed a value of Tes. 8L3 mile will leave a legacy bebind it. The will surely be necessary to ex-30, having completed their work Douglases lions, the first time the figure for whole economic structure of the ercise, long after the end of the in the neighbourhood. At 8.3), Steamboats 1913 has been sctually surpassed. Old World will lie in ruins; more The value of opium was unusually then that, the visible means of war, control over all shipbuilding four offisere and 280 men went Indos (Def.), high, but the quantity imported subsistence will have reached a

operatione.

to Gozucut, arriving at 7 and Indos (Pref.) shows a large decrease on the two lower level than ever beförr, for

The position, fortuustely, is one starting to work with Canadian previous years.

every

one in Europe is in a which we can face with confil.engineers. The entire contin- varying, degree dependent on eode, if we face it in time. gent was under a Coasdian majir overses supplies for the most Unless all cetimates which can and an American captain. The Sugars modest standard of comfört.: If sow be formed proved fallacious, area was three miles in the rear of Malabons Issued on January 17, Mesare. the situation is not faced while we eball emerge from the the line, and none of the troops Wheelock and Co.'s coel market there is yet time to orgenier, elruggle, the possessore of about was armed.

Kailans report states:-Japan Coal Europe my enddenly be con-half the world's greatly redc.d This market naturally has been fronted with conditions which we volume of merchent shipping moved on Occzasacourt, siter Tronohs *At 7 15 German batrage Langkats

Raubs quiet since last writing canecd not attempt to paint in lurid Or Allies will have a Con heavy shalling to the east. At D.cember 20 and there is not colours, far the imagination of the aiderable amount. It mast, of 7 30 a general retirement was Oriental Cons.

Urals much mess to report sicce it least imaginative among us can course, be kept under central concrdered, sad i wse fented with re-opened for varie reagons, fill in the details of the straggle, trol, and if the varicas prpol Rome the chief of which are the tight wher, after three or four, orations are to chisin fa'l a iriotage artillery, machine-gan, and scro difficulty, dua to the nese of the money-market which possibly more, years of war, the of each control tere must be plane fi c. always ocenia ou the approach artis restrictions of war are taken to prevent neutrale or enemy of Chias New Year. The very removed. On ali Land- nraer Couptrice patting up freight. heary stocke no tenamalated in will be put forward for everything The Allies will not only be the Shanghai-thes ove reached the literally everything. If the owners of a large proportion of record figure of over three lakba supply je to be governed by the the tonnage, but they will, also of tone!-and reduced deliveries ordinary rules of trade, prices will be; due to the stoppage of the working leap up to fabelbas bright, cli (4) The great shipbuilders of of the silk flares brechtsboat nation, eren among the Allies, the world.

Shanghai Coal Market.

Japan's Purchase of Indian “Cotton.____

Then, st laet, the whole world will realise that there is a serious abortage of tonnage.

Own

essential

"

Kowloon Docks $3. H. K. Wharves. g. 96 & 96)

S'hai Docks b..

For 12 Months 41% per annum LOOK POON SHAN;

Chief Manager.

行餜業實法中

Capital (Paid up)...Franos 45,000,000

(1/3 of the Capital subscribed by the

Government of the Chinese Republic.)

Chairman of the

Roard of Directort Andre Berthelot. General Manager A. Pernotte.

" HEAD OFFICE:

74 Rue Saint Lazare, PARIS

→ BRANCHES PEKING. "SHANGHAI.· TIENTSIN HONGKONG, and SAIGON. BANKERS.

I FRANCE: Société Générale pour favoriser le Développement du Com- mercs et de l'Industris en Francs.

In LONDON: London County & West-

minster Bank, Ltd.

In NEW YORK: Radmand & Co. In ITALY: Banca Commerciale Italians. Telegraphic Address: CHIBANKIND,

Interest allowed on Current Accounta and Fixed Deposita. Terms <5 application. Every description of Banking and Exchange beziness transacted, "M. ROUET DE JOURNEL, Manager. HONGKONG BRANCH: Queen's Building.... Tel. No. 2352

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

BANKS HONGKONG & SANGHAI

BANKISO CORPOȀ-

TION,

Paid-up Capitalisa2.. RESERVE FUNDS; -Sterling. 1,500,000 at 21-

*** $13,000,000 Silver $18:500,000

$35 500.001 Reserve Liability of

Proprietors. $15,000,00 COURT OF DIRECTORS.

Hon. Mr. 5, E. Dodwell -Chairmar. Flea, Mr. P. Bayou-Desery Charms w F. C. Batch, G.T. X. Siklos, F? $1 Gablay, Les Hes. Mr. D. Lardait, EY-D. Parr, Ed. W. La Fazendan, Peç-h A. Campina, Esq.

CHIP MANAOTH, Haarkong N.J. Krabi, Jos

MANAGEM

Shanghai G. Stephen, Esq London Banker London County 324 Westminster Bank; imed

Hengkong stares Allowed)

Ou Current densita at the rate of Iyer cant.pm

anna do the daily balance.

ON FIXED DEPOSITS,

For 5 mouths. If per cent, per AZZAN, for 6 months per cruz, per ann

is months, 4 per ciat, paz-anaka, N. J. STASE,

Chief Man7

HONGKONG SAVINGS BANK

THE Basfarse of the above Back a condom by HONGKONG AND SHANGHAI BARKING

CORPORATION. Rules may be obtained on application INTEREST on depozita is allowed on the mua. imvia monthly balances art per cent payin

Depnitors may teanafer, at their option, 50, ANGE of $100 or more to the Hongkong and Shanghal Bank to be placed to RED DEPOST

ces per anIDA,

For the Hong nod Shanghal Banking Corpers-

N. J. STABĖ,

Chief Manager.

THE CHARTERED BANK ( INDIA, AUSTRALIA ANT

CHINA.

tacorporated by Royal Charter 151

PEAD OFFICE-LONDON.

PAILUE CAPITAL

REFERVE FUND

BESERVE LLIBILITY OF

PROPRIETORS

£1,000,00

„ŽI, 100, ~---

FORZIGN CHANGE and General Batis

business act CURRENT ACCOUNTS opened and PIXE DEPOSITS received for 1 year or sporter periodi rates which will be gusted on application...

T. C. DOWNING,

Mana1

Hongkong. 11th April 1912.

THE MERCANTILE BANT { } INDIA. LIMITED.

$131

*.37

LANDS. HOTELS AND BUILDINGS,

1.

307

b.

$20

12.

$90

b.

10

1.

$30

b.

t. 70

#81

0,

$115

D.

- t. 170

b.

t. 14.10

b.

199

b.

L. B

II.

t. 40

19

"18.50

b.

$7.50

S.

$801

Green Islands

b.

*$7,70

b:

$48

b.

187

#281

a

$10,

$6:40

Combay

$81

Calcutta

cts. 20

1.00 AK SYERT 3 MIN 10.00

Colomb Delhi

11.00

IT

Hoogkap...

$12

Holiant

14 MIX.

Да

#51

14 x

Kandy

15 MEN.

b.

$6

1.00

IS ME..

$29

5:30 PM. SIGHT CARE

10 МГ

CORRECTED TO NOON TUESDAT

JABUARY 28, 1918, 19

1200 WAL every half bone, 11.00 P.3. 10:11:46 PM

Laundries... "The list of casualties ie U. Waterboats 1.

BENJAMIN & POTTS, Share and General Brokers.

Princes Building.

Tēl. address : Broker.

EXCHANGE.

were eastained at this time, and A number of losses

the German advance, had taken also among the men, who, catcff by refuge in dugoute. Some of these men who had been cut of eac

Centrals ceeded in joining British Land Invest. {H. K. Hotels bitant agite, and fought with them during the day. Meantime, 'loon Lands H'phreys Est. by the high rate of exchange competing against each other

(by The great exporters and there was active ehelling against S'hai Lands Dow ruling which makes it pro The position will be complicsted importers.

Fine, and the men there were West Points hibitive for America to buy by the bide which enemy and

(o) Tue possessors of the coal-ordered to scatter in the file Chios silk at present prices. All entral nations will make, Tooling Erations, and harbours, with

Reclamations there factors combined have tend. goods must be carried in ships.

"As the men relarned to camp. COTTON MILLS, out which no ship of enemy or ed to keep the market extremely

they were assembled under arms, Ewos neutral ownership can move. quiet; in fact, native dealers

and instructions were asked from Kung Yiks The keye to the after-war Britiab beadquarters. At three S'hai Cottons Beem to be ausble to come up to

situation are (1) goods, and (2) o'clock they were instructed to Yangtszepoos the prices at present required by sellers. Fashup Coal: Very presumably be the policy of the coal. This country, in 65500i dig and hold the trenches, and Orientals

Allies to xercise & stringent Ption with the United States, 8up the men mored up and started | little change has taken place since

MISCELLANEOUS. last writing. Deliveries are being control over their own shipping, plies practically all vessels of

work ebortly afterward. At six Borneos mainisined under contract which even after pecce la sigued, pie without fael they cannot steam. fciently for the entire, com Providents

every description with fuel, and

b. the trenches were finished China Light & P.b. mocopolizes all available tonnage, hape for several years. That is, Stocks are much below the aver indeed, en essential condition of The British and American peo mand, and division beadquarters Dairy Farms

practically all the directed a withdrawal to camp, age and the demand for lamp and the reconstruction period; Allied ple

materials-the raw better grader exceede the sau ply. shipping wast be controlled and Total coal arrivals in Shanghai freights fixed. If that be done, shaolutely essential thinge for and that the men be held in H. K. Electrics during the past four weeks, from are neutral shipowcere to be free industry-needed by the mazu readiness to man the trenches. H. K. Ice Co.,

Two email details were pent Ropes facturer. Tho are arresting all scurces, are 139,635 tons.

to charge what they like for the

Steel Foundries oat to repair a distant break in They suggest carriage of goods? They will considerations,

Trams; Low Level b. the new track and to assist in that all that is necessary is sa

Trams, Peak, olda. possess a considerable amount of toneage_s_good_deal more agreement au to the use which transferring ammunition to an- Trams, Peak, new s

other point than they will require to supply shall be made of those savantages their own minimam needs, and in order to protect the world from It is now said there is no more for all the peoples of Europe the fruits of chaos, the grasping relatively small, and will be Watsons cades for anxiety regarding | the minimam must be a low one.machinations of the enemy. We British cficers that the conduct Morning Posts

demande of profiteers, or the issued to-morrow. It is stated by Wm. Powells Japan purchase of Indian row Are these neatral shipownere to cotion, the

Ot important bold me to ransom, and not only and the Americans bold the trump of the regiment was most esti>fee material material for her spinning us, but all the Allies? How is cards in the war which will follow tory. They praise its coolness industry, Te ports

the Japan the enemy's shipping, or wheel this war, bat, if we are to play under fire and the ability of the Chronie's. The question of how remains of of it, to be employer? them effectively in the cause of men to work without interruption to secure the funde necessary for The Reichstag has recently mast be investigated withcut able."

humanity, the whole problem is regarded as most commend. the purchase arises from the restriction of the issue of Council passed a bill for the restoration delay, in association with the

American army aviatore are Billa, which was firet effected by of the German mercantile merize other Allies.

now working with the artillery, the Indian Government towards The Government, in introducing

At present the seeds of trouble and the results so far have been the end of 1916 and, which has the bill, declared that the master are hidden by an artificial war moat satisfactory to both branches since been increased more than was urgent, ee it is for all coun- prosperity. But that will pass of the service. Yesterday Amer orce. The position was greatly tries, and that it did not brook sway as soon se peace is pro icen sirmen flaw over a certain TIT aggravated as a result of the delay. Under this measure it is claimed. The whole of Europe section of the American zone, and American probibition of the intended to stimulate by grante will then suddenly be confront took photographs. The artillery export of gold in October last, the construction of new hipered with the appalling task of to-day started firing at five 60 dB.................. closely followed by. every shipowner will receive a demobilisation and reconstruction separate targets located from the T/T Shanghai. similar measure taken

by subvention as a free gift ranging at the very moment when un-photographe. The aviators took to T/T Singapore the Japanese Government. It from 20 to 80 per cent, of his thinking persons will saticipate the air, and the observere watch-T/T Japan was a very grave fair for the expediture, bia reward from the spinning industry of Japan, and State being dependent on the immediate return to normal ed the results of the firing, which T/T India

conditions, in the realms of fin was at a considerable range. Demand, India not only the business men in- foresight and energy he exhibits, ance, industry, and the bome. The first shells fell wide of the T/T Ban Francis-1 Lerected bat politicians took op and the speed with which he Those anticipations will not be mark, bat within four minutes the

co & New York the matter for consideration. The obtains delivery from the yarde. falfilled. On the contrary, the observers were able to correct this T/T Java....... Seiyakai, which showed a parti- This decision will involve any real crisie of the war will not with wireless messages to the T/T Marks. calar interest in the question anthing from £50,000 to £100,000, come until after the war has batteries, so that the shells began Demand, Paris

T/T Frenes...**. Dounced that it had prevailed 000. It is anticipated that the reached its end. Thez fall to hit the location. Later tha cpon the authorities to allow the great establishments of the coun-realisation will come to the whole observers had practice in locating transmission of efficient gold to try will at once be filled with family of nations of what the war the other "enemy," with more or

4 m/s. L/C............... 3/1 India to meet the requiremente of ordera. Neither of the hae involved in reduced tonnage, less success,

4 m/s. D/P......... cotton importere. In the mean. Allies basisken any ench in restricted food supplies, in

6 m/s. L/C... time, the Government instructed step to encourage shipbuilding limitation of raw materials, in

30 d/s. Bydney &) the Yokohama Specie Bank and indeed, we, in the British Isles, disorganisation of employment,

Melbourne...) the Book of Formoes to are starving our engine-shops and in expenditure of capital

30 dfs. Ban Franc-1 isco & New York) investigate the extent to which and abipyards of labour and gone beyond recall. A page they would be able to bay ex material. That is the contract could be written on each one of last

4 m/s. Marks the 4 m/s. Francs port drafts on India. It is presented on the two sides of the those subjects, but a moment's orisia

will BOUGE in any 6 mie. Francs has North Sea. The so-called Nation consideration maet bring convio evon', testing every after-war Demand, Germany.. that it been definitely ascertained that al Shipyards matter of the tion that the master problem is plan and the very 6bre of the Demand, New York. Nom, the Yokohams Specie B.ok cau indefinite fatare-do not affect ship.

war-worn peoples. It will be T/T Bombay secure by that means about the snomaly that our resources Europe cosen more of all necessary if disorder is to be Demand, Borabay... Nom Y'50,000,000 and the Bank of for merebant shipbuilding have the products of the earth, with arrested that arms authority, Calcutta F. rmc8a about 7.30,000,000, not been fully employed since the the solitary exception of coal, than representing the Allies, and arm- Demand, Manila totalling Y80,000,000. This war began and are not fully it produces or own produce. The ed with fall powers, shall exercise Demand, Singapore. 12796 figure a more than double the employed to-day. We cannot balance and it is a very large a masterful and intelligent control On Haiphong extent to which export drafts on guore the significance of Cerbulance-must be brought over over all shipping, without excep On Saigon... India could be bought lastany's plans at a moment when the sea in steamships. What does tion, all shipbuilding, and all On Bangkok... antomp, which war Y.39 000.000. the U host is continging to sink that ocnelusion suggest if not supplies of food and raw material. Sovereign ...... It is said that on account of the not only Allied bat mentral that when at length penis dan If that responsiblility is no RO Gold Leaf, per oz... 42.60 increased amount of export drafie toppage. Germany intends to Europe the whole of Europe-cepted and plim prepared well Bar Silver, per oz... 4334 available there will no longer be take the sex in strength. It is will bean the verge of economic in advance, then it will in a cas SUBSIDIARY COINS. any necessity to remit gold for surely impossible that the Allie arvatin? Food will have been of mauve qui pent, involving the importation of raw cotton will permit our enemies of to-day reduced to a bare minimum, &-d ontold low and of ring, and, it from Judia, nor-is-it-fesred-thst to proft by the very brutality of the consumption of other thinga may be, pro 'dring vila which a Chinese... 20 ste. pieces 77 any further difficulties will occur outrage, the illegality and in brought down to the miei generation will Lot surma in future, concludes the Kube homily which they have level. And suddenly it will be Archibald Hard in the Daily Hingkong

binese,

Dow - reported

paper,

practised et ees,

2

coming. Then

announced at peace in at Til graph.

Demand

SELLING.

30 die........inter

4 m/......

2/1134 2/117%

31-

37-14

31-14

Nom.

12736

13744

..........

Nom.

Nom,

71

16114

Nom.

4.06

406

BUYING.

3/1

3/19%.. 3/1

721⁄4 Nom. 4.21

***** 4.26

Demand, Calcutta... Nom.

P

142

% prem Tari 5196

" NOTICES.

NOTICE:

PEAK TRAMWAY CO.

"

LIMITED.

TIME TABLE.

Y quarter of a boor SUNDATE:

TUM AK. 10

...

18.30 4.3 11.00 AM 10 2. Noon 2.00 5.1

42.0 F.J 1.007.J

ETIT 13 ME

It Mr.

-

HIŠOT CARS as 20,W»ok Daya

SATURDAYE

theres Car at Midnight

SPECIAL

CARE

By Arrangement at the Company's Office.

Alexandra Balkiya

Des Voeux 'kows

- – Senace sʊd punch ticker avaliabin fut sit as not already tall, ranuing at the time staled in the Company's time tabins, but not for petuni curs, cam ba gbeained' vu suplication si tum |

Orbon-No. Besson Ucilm will be

Core payment therefor, had been wh

Jasad s in Bank Kötas or by Cheque or Comprado « evém rupersazing Bank Notes *

JOHN D. HUMPHREYA & CON

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

Laman Koeings of Homes Property, ka,

Admonens zande on Marshandle. Lomu senču as the Provident Sykken.

AS-CAFTER." MERCUPTOR OF WELZA, AUTOMATE, det. Undertalets and Hovenfor.

(HAINE 26E TAPENKIETs on syytination) - SEIWAN, TOMES & CO.,

General Managers.

MARTIN'S

6,60 Nom

PINES

DISCOUNT. PER $100%

cents.

vih ginjali Goeticisiųsti Storrs anil this

Head Office 15, Gracechurci Street, London. Authorised Capital ......£1,500,bet Subscribed

Paid Up Reserve Fund

01

BANKERA be Bank of England,

BRANCHE

1,325,00€

562.571

600,001

The London Foint Stack Eank, Likid

Port Leuk (alt.)

Xarch!

Kota Bhavs

1. Konin Lampy*

Madre

Rragoon

bangha

Singapore

FONGKONG BRANCE

Every descripties of Banking and Exchang business transac

Interest silowed on Current &cÇUETTE AL STAR CR per annum on Daily Balances, and of land

uncer

at rates bich may be ascertained on application.

C. CHAMPKIN, *

Acting Manager

INTERNATIONAL

FANKING

CORPORATION.

HEAD OFFICE:

55. Wall St., New York

LONDON OFFICE:

36, Bishopsgate, EC.

CAPITAL & BURPLUS US $6,500,000 ́. UNDIVIDED PROFITS US$1,348 NO

CEBU. COLOX

BRAN HES

UB. SZŚTRON

BATAVIA LONDON BASTODONTIGI BUMKAY MANILA SAN FRANCISCO CALCUTTA MEDELLIN SANTIAGO": CATTON PANAMA

DEJOS PF KING. CABALLEROS. PUERTO. SHANUMAS HANKOW PLATA.

SINGAPORE HONGKONG FAN PEDRO TIVESSIN

DE MACORI YOKOHAMA Through its close aliation with NATIONAL CITY BANK OF NEW YORK, the Bank is able to offer the Seniors of the Brasches of bar Institutios la Curs South

ΤΟΥΡ

Thi

• America, and elsewhere, un relyin

HAHIA BUENOS AIRES CARACAS GERDA, HAVANA MONTEVIDEO, MOSCOW RIO DE CUBA

JANEIRO SANTIAGO DE FANTOS

PAULO. PETROGRAD VALPARAISO,

FOREIGN & LOCAL ZANKIN

BUSINEES transacted.

CURRENT ACCOUNTS opered and fixzí DEPOSITS received at rates to be sacertafand s application.

GEORGE HOOG.

Иноят

Hongkong, 26th September. 1978

THE

YOKOHAMA SPÉCIE BANT

LIMMED.

Established 1880 Authorized Capital Yen 48,000,000 Paid-up Capital... 36,000.co Reserve Fund.

23,100,00

Head Office- YOKOHAMA

Brancžes Bomber

Calent

Changchun

Fengtian

Bankow

KaiYong-.

Koba

.London

Let Interest allowed on Curre received for tzed periode

Hew York

Folding Kargoo