1918-02-28 — Page 9

COMMERCIAL NEWS.

Canadian Steel for Shipbuilding, Canadian manufacturers are being glled upon to sasist the United States in producing pro- jectiles and also in the fabrics. tion of steel for ship-building. Some of the Canadian bridge shops have accepted orders from American shipyards which will take up their fabricating capacity

for ten months.

THE HONGKONG TELEGRAPH, THURSDAY, FEBRUARY 28, 1918.

AMERICA'S "AIMS.

** BURYING " A RIVER." CAPITAL AND LABOUR

ALLIANCE.

-Proposed Constitution."

To Be Taught Germans By

Direct Education.

Great Conduit: to Perfect an`Aerodrome.

Striking evidence of the deter-

The National Allianos of Em-

An effort to bring to the minds

HONGKONG SHARE REPORT

8-8ELLERS; BAMBALES† B-BUYERS; N.—NOMINAL

OFFICIAL PRICES.

BANKS.

mination of British enterprise to plored, which was malablished st of the German people, through overcome all obstacles in the way the end of last year so the result neutrals, the exact sims and H. K. & S. Banks 6a. I. d. #639 of the speedy, and maximum of a movement which simed at intentions of the American peo- MARINE INSURANCES, development of seroplane cone securing an improvement in the pla, is to be made by the Federal Cantons

ruction was given resently at relations between Capital and Committee on Public Information. North Chinas Hanworth Park, near Richmond, Labour, is to be put on a per. In the carrying out of this plan taions. where the Lord Mayor of London, manent basis.

three or four persons have been Yangtszes selected by the chairman of the committee, ans of whom is ra. Mrs. Whitehouse will probably Norman de B. Wäkahouse. go to Switzerland and will be the

&n

Output of Cotton Yaco According to investigationa

by the mere movement of an In the initial stages of its made by the Japanese Spinning electrical switch, caused a small development the organisation has Association, the output of cafton yarn ddring January last amount drome and impeded the landing the time has now come for the stream which intersected an aero-received extensive support, and ed to 150 577 bales, abowing of aircraft to submerge itself adoption of a definite constitution decrease of 20,950 bales on the under the earth and for and programme.

Ares woman to go abroad on such Douglases previous month. The decrease is

quarter of a mile through a sub-

The draft constitution, which a mission. It was stated she was Steamboats owing to the fact that the agreed

terranean culvert.

will be submitted to a gathering o #ppointee of the Indos (Del.) restriction of operations by 10 per cent oame into operation in Haworth Park is an estate of of leading employers and repre- Administration, but was selected Indos (Pref.) January-and-that-the-month some historio-interest, which was eentatives and members of trade for the post and sppointed by has more holidays than other acquired some time ago by Mr. unions, provides for the personal Mr. George Creel, months. Particulars for January J. A. Whitehead for the par- and fusncial support of the Mr. Edgar G. Sisson of the in comparison with December are poses of seroplane building and Allianos to be given by employers' committee has been in Petrograd Sugars

testing. In many respecta itsasociations and trade unions on several months engaged in the Malabons January December formed an ideal site for starting an equal basis. It is also pro- same character of work Mrs.

1918

sa followe

16.

206. ***

Othera

I

Bales. 26,427 40,989

Total 150,576 171,528 Sungel Tin Minleg Co,

BEEL

BANKS

BANK OF CANTON,

ITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and Buainese

General Fransacted.

Banking

INTEREST ON FIXED DEPOSITS:

For 3 Months 3% per annum. ̈ ̄

For 6 Months 4% per annuka.

b.

$310

t, 115 9$780 b. ex 73 $305 "FIRE INSURANCES. China Fires bi H. K. Fires

b.

#1811

39. SHIPPING.

· 1935

$77 $16

$181

b.

#52}

For 1 Months 41% per annum.

"

Shells Ferries

Π

117/6

LOOK POON SHAN;

$28.

REFINERIES.

888

#KA

BANQUE INDUSTRIELLE DE CHINE.

88- 15 $2,75 1991-

27/-

Urais

MINING

1917. and landing, but it had one great peed that the excentive re- Whitehouse will take up. Kailans Balasaw. Across it ren the 'Cardinal sponsibilities of the organisation Eamour has it that Mr. Willism Langkats 30,074 Wolsey River, more generally shall be equally shared by both Jennings Bryan and Theodore Raubs 49.388 known as the Longford River, a sides. Members of the general Rocaevalt are among those select- Tronohs 83,100 92,084 stream about 10ft. wide, which, public who sympathise with ed for the werk.

it in said, was used in Tador the abjects of the organization Mr. Whitehouse's expenses, Oriental Coos.

become

DOCKS, WHARVES,. sabaaribing and probably her salary if she times to carry fresh water to may

GODOWNS, &C. Τα Hampton Court.. order members for s within accepts one will be paid out of The annual report of the above to remove this dangerous defect the power of the poorest to the funds of the Committee on H. K. Wharves d$83 company for the year ended Dec. Whitebead Aircraft (Limited), the contributs. The programme of Pablic information. These fands Kowloon Docks b 31, 1917 erstes that the profit for occupants of the site, bave had con- the Alliance has been drawn up come in turn from the President's Shai Docks the year amounts to $66,353 98 strunted a conduit, capable of by sisint committee of employers $100,000,000 emergency fund."

The exact information Mrs. to which has to be added the passing 27,000,000 gallons of sad workmen, and approved by

If Whitehouse (will be expected to Centrals balance from previous year water daily, into which this the Executive Committee. $16,099.75 making a total of stream has now been diverted, so adopted it will pledge the mem- disseminate has not yet been H. K. Hotels secara im-compiled. She will be told before Land Invest. $89,453.71 Interim divid. that its bed may be filled and its bers to endeavour to ends amounting to 17 banks levelled to give au nn. prarement in industrial conditions she sails what her duties will be, H'phreys Est. and abo will take her Kloon Lands par cert, have been paid broken fist surface for the on the following linessTM

1. Aliving wage for all workers. texts and information prinsip. Shai Lands during the year, absorbing aerodrome. The making of the

2. Regulation of the hours of ally from the pronouncement $28,250. The directors now re-aabterranean passage bas ocoup commend a final dividend of 25 fed many monthe, and several work, especially in arduous of the President and other Reclamations per cent. making 42 per cent, for thousands of tons of concrete and occupations.

accepted pablic utterances. From the year, which will abeorb nearly 50 tons of steel bars have 3. Adequate wages for women, time to time information will be Ewas 837,500; to transfer to reserve been used in its construction, and equal rates with men if work, famished to her, and the will set Kung Yiks

S'hai Cottons sa sgent of the committes. $15,000; and that the balance The size of the conduit may be skill and output are equal subject to Directors' Fees be immagined from the fact that Improved workshop oon. In his last report to Congress

Orientals Mr. Greel recommended that be- osrried forward £3,703,71. The jast before the river wse diverted ditions. total output of ore from the Com-60 soldiers marobed upright 5. Satisfactory housing ao cause of the absolute ignorance

commodation for workers. pany's workinge for the year through the underground way.

show by the German people of Borneos ander review amounted to pikuls The ceremony of "burying" 6. Encouragement of workers the real purposes underlying China Light & P.D.

Providents 2,755,51 of which pikals 2,287.12 the river, if it may be so called. to take an interest in the efficiency America's entry into the war

Dairy Farma and success of the works in which effort should be made to give Green Islands were obtained from the battery was carriad out in

them the truth of America H.K. Electrics and pikale 468.39 from tribators weather; bat in spite of a gusly they are employed. and realised a total of $151,410,- wind and a heavy downpour of

7. The establishment of joist position. Inasmuch as neutrals H. K. Ice Co.,

also somewhat vague Ropes 47. Ocmpared with the previous rain an airman on a machine committeea in worke to consider were

in their impressions of Steel Foundries n. year, the battery retares show a built by the Whitehead Company the interests of the industry.

8. Maximum outpat with Amarios'a intentions it ss Trams. Low Level s. decrease of pikals 236.30. The circled serenely over the ground.

thought best that this work be Trams, Peak, olds. rotaras from tributore show a The Lord Mayor, in operating maximum pay. decrease of pikals 18 34. The the switch which diverted the 9. Continuity of employment carried out through a direct Trams, Peak, news.

education of the neutrale ss to Laundries average price obtained lor ore latreem, called attention to the in slack times. doring the year smounted to unique character of the fasc 10. The encouragement of trade United States plans and purposes. U. Waterboats n

Watsons. It was hoped that the sotual £62.50 as compared with $52 37 tion, and to the immense strides anionism and adherence to agree-

Wm. Powells of last year

which bad

truths would thus reach the Gar- been made by mente,

Morning Posts n. the Whitehead Company, under

11. The liberal education and man people from such sources; despite the efforts of their rulers the inspiration of Mr. Whitehead, technical training of children.

.Rubber Products of Japan.

disms

30m路

The rabber manufacture in dustry in Japan has developed it the building of aircraft for the The basis of equal respon- to keep them in ignorance. remarkably lately in its scope and national service. He warmly con- Bibility and equal administrative Mrs. Whiteboase was one of the variety of its products says gratulated Mr. Whitehead on his authority of employers and repre- three or four anggested by Mr. the Japan Chronicle. In the export zohievement.

sentatives of labour in any pro-Creel to do this work. market too, its importance is

Mrs. Whitehouse had nothing Mr. T. Lough, M.P., endorsed posal put forward by the Alliance, increasing space. The growth of the tribute to the energy and en. and in carrying out its work, is to aay either in.confirmation or this line, says the Japan terprise of the head of the com- the salient feature of the move-denial of the story from Washing- Advertiser, may be seen frompany,

ment. There is already in exis- $00. the steady indresse in the import Mr Whitehead, in acknowledg-tence an Industrial League which of orude rabber. The official ing the speeches, spoke in cordial aims at bringing about a better trade returna state that the im- terms of the loyalty of his work- understanding between employers port of crude rubber last year people.

wa Y.9 130,935, which is ап Before leaving the grounds the increses of Y.1,884,218 over the Lord Mayor inspected the aircraft preceding year. Further, as com| building sheds at Feltham. pared with 1915 the increase of

last year comes up to 7.5,698,823.

Formerly most of automobile tyros

outlook is bighly encouraging.. Japan's military authorities have

For Ladles Shoes.

and employed, but the league con- fines its activities to scoial con ferences for discussion and debate.

Yangtszepoos

Chief Manage,

行星拿實法中

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

*(3/3 of the Capital subscribed by the Goragument of the Chinese Repabile)

Chairman of the

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

HEAD OFFICE:

- 74 Bus Eaint Larare, PARIS

BRANCHES: PEKING. SHANGHAI, TIENTSIN HONGKONG, and SAIGON. BANKERS.

In FRANCE: Société Générale pour - favoriser le Développement du Com- merce et de l'Industris on Frages.

In LONDON: Landon County & West+;

minster Bank, Ltd.

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

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

K. ROUET DE JOURNEL, Manager. HONGKONG BRANCH:"

Tel. No. 2352

Queen's Building.

5. Chater Road.

Hongkong, 20th August, 1917.

.8.191

b. & sa. t. 84

LANDS, HOTELS AND BUILDINGS.

$90 €90 $861

$5

West Points Да

11 COTTON MILLS,

$271 t. 70 $78 $110

t, 165

I

1. 14:10

E.

t. 128

д.

t. 7

t101

MISCELLANEOUS.

291

$3,90

b..

$7.80

b.

829

b.

$7.75

b.

$43

b.

$200

$10 $6,40

$81

cts. 90

П.

$11

#5

: По

JK 10 LTX to TOPBLO

· CORRECTED TO MOUN-THURSDAY

FEBRUARY 28, LW18,-

BENJAMIN & POTTS, Share and General Brokers,

Princes Building.

TIT

Tel. address: Broker.

EXCHANGE. BELLING.

Novelist's Death, Tae death occurred as Putney Demand recently in bis 70th year, of Mr. 30 dis

Boundelle-Barton, the novel 60 dis.......... The Alliance, on the other hand, ist, who during the past 30 years/...?........... hee been formed to take direct published a large number of T/T Shanghai.. setion in the improvement of ovale and romances of travel and industrial

7:

2/1156 2/11/4

2/1135

Nom. ...... 127 136 TT Japan Te

Singapore

T/T India ...............i Nom. Nom. Demand, India T/T San Francis 70%

co & New York)

الرحم

BUYING.

31-34

conditions. Bath aventure.

Fares to Allotments. bodies, we understand, are work. were imported from overseas, but

Mr. Wardle, for the Board of now the good part of Japan's

ing together in close accord. oзneumption is supplied by do

The Alliance is the result of the Trade, informed. Mr. Alden mestic manufacturers although A detachable upper for ladies' work of a small committee, which 1cently that workmen's tickets T/T Java.......... 159 Bome of them are financed by bea just been invented by Ferdi- had Mr. Frederick Buth Jackson entitling the holders to travel at TIT Marks....... Nom. foreign capitalista. This expert nand W. Adams of Saginaw, as its chairman and Mr. W. A proially low rates had not been T/T Francs 4.03 of automobile tyres has also begun Michigan. This novel upper may Appleton as vice chairman, Mr. increased in price. It was im- Demand, Faris..... 4.0314. with the development of the rat- be made in any height and colour, CW. Bowerman was one of the possible to reduce the fares pay. able for ordinary tickets, but he

4 m/s. L/C 3/34 ber plante in Japan. Now, so that a woman may select from original members and the com although the total value of her assortment any suitable upper mistee for some months did not would consider whether it would m/s. DIP

be possible to reduce fares in the 6 m/s. L/C 3/1-14 exporte is small still, Japan's to match or contrast with her includes single employer of case of men who had to go into 30 d/s Sydney &

3/1-14 satomobile tyres are being bought other germente without the ex- labour. In September, 1916, the country to cultivate their Melbourne...! by some Oriental countries. pense of having to bay many

four well-known employers met

30 d/a Ban Franc-714 allotment. In this department of the rubber pairs of shoes.

isco &NewYorkf four leading trade unioniste stį. industry,Japanese manufacturers".

conferences which led to the pro-

4 m/s. Marke

* No. duction of a scheme unanimously

4 m/s. Franes. 418 adopted when the Alliance wES A workman acting together. 6 m/s. France 423 fret founded.

The Central Executive Committee Demand, Germany.. war in Europe and have recently

Pablic conferences and meet and the General Committee of Demand, New York. Nom.

TT Bombay introduced a bill in the Imperial South Pacific islands. As to the inge of employete and workmen the Council, in addition to repre- Demand, Bombay

Nom. Diet asking for authorisation to scope of ricksha tyre exporta no have since been held to consider sentatives from the districts which TT Calcutta grant bounties to automobile accurate estimate is available, but the desirability of establishing have formed committees, com Demand, Calcutta... Nom. owners. If the bill is passed and it is thought to be quite large. joint committees of employers prise up to date the official Demand, Manila owners are encouraged to increase Their principal destinations are and employed in equal numbers, representives of nine trade unions, Demand, Singapore. 127 their care, the sale of tyres is sure. Chins, Bingapore and some affiliated to the Alliance, to carry and of the Federation of British On Haiphong to increase. At present Japan's Oriental points, Besides, adds the objects embraced in thie Industries and the Assooisted On Saigon ********** principal excarts of rubber goods the Tokio paper, toya, pipes, some scheme into effect. Committees Chambers of Commerce of the On Bangkok are tyres for bicyles and rickehas. surgical goods, and other mis have already been established, or United Kingdom. Prominent Sovereign Acording to the cfficial trade cellaneous goods are also manu are in course of formation, in members of many other large Bar Silver, per oz.... 4214 Gold Leaf, per ozi... 42.40 returns the prat Fear's export of factored in Japan and most of Birmingham, Manchester, Cardiff, emplorers" federations are potive S bicycle tyres Mis valued at them are on the foreign market. Sweness, Sheffield, Newcastle, supporters and executive members SUBSIDIARY COINS. Y.4,983,629, which] [shows an Although no exact estimate of Ballon, Liverpool, Worcester, on the employers" side of the inm esse of 1.7,351 over the pre-their export value is given by the Gloucester, and Darlington, Allianos, and it is stated that the coding your and of Y.671,000 over official trade returna a prominent Wherever each committees are movement has received the warm 1018. The principal destinations of manufacturer says that their formed they are represented on support of the rank and file of Japanese bicycle tyres are Chine, export value may equal thas of the Central Council of the the workers in all the important Australia, South America and tyres.

Alliance by an employer and industries,,

learned a lesson from the present

141

4% prom

Dar.

6.65 Nom

DISCOUNT PER $100:

Chinese...20 ct pieces 81% dis Hongkong 20 cents, 6.

Chinese 10BED

NOTICES.

NOTICE

DEAK TRAMWAY CO. LIMITED.

TIME- TABLE.

1.00A.M.

15.00

1.15 PM

6.00 736

NIGHT CARE

+

MIX.

GTX -454. ↑ 13 EN 10 11:00 2:36. wvery half Ispur, 11.00 M. 10 11 £5.2.32 very courier of an hour.

BUNDAYS:

13.30 AM.

ZUMĀM KO · 1149 Nom

150 PAG

EGO PAL 6.30.3

1.49 TL 16

LMTX 10

1.50 F.K

EVER? 13 Men.

EIGHT CARS at on Week Dayı

SATURDATE:

#xes, Duru Midnight

SPECIAL CARE,

By Arrangement's the Company's Otras

Alexandra Baldingu.

Da VoxBoud

BANKS

HONGKONG & BHANGEAL

· BANKING: CORPORA-

Paid-up Capital $35,000 KO RESERVE FUNDS:

Starting

£1,500,000 at 2)

**$15,000,000

$24506.000

Bilver .819,500,000

Reserve Liability of Proprietors ******

$15,000,000 COURT OF DIRECTORS. Ton. Mr. P. K. Hayo Chatred an G... Eki 284 --Dayery Chairman F. C. Butcher, Hon. Mr., D, Landala, A. Comptos, Est, E. V. D. PAT-201 AB. Dowell, a Who Fastración, bodi"

"See sad paneb tickets available- for all r'fail, roaning ná tish tieợu giniet in the Chespacy's stone tabini, kuâ not for special bars, can be obtained on application sĩ the Grmandy's „OTice. No Texsca Leket will be Sound ventil payment therefor a beso tende in Bank Boonyor by Cheque or Compradora Acker Tupementing Bank Hote

JOHŐI D. HUMPERSYS & CDS!

THE CHINA: PROVIDENT LOAN AND MORTGAGE

CO., LTD.

*CITY KATASTR

"Honglang=N, J, Baba, Taa Shang G. Bephen, Exi

-Loodat Congry sat Wasteingres Banky Lémked:

London

Houstong-Intenst Allowed !

De Current &ccceruta ai the race of Tye tmě?)

spotten in the daily balance

ON FIXED DEPORTE.

For 3 months, 28 per cene, par ABREMZ For 6 months, 1 per cent, por anda

WONERS. £ per ccal, pOT ANTON N. J. STABB.

Chief Manager.

HONGKONG SAVINGS BANK

THE Business of the above Bank is spesiuctur

HONGKONO AND SHANGHAT BARKING

CORPORATION, Rales y be became ou ppakstant INTEREST 20k deposits if somatsu tad "iły.

I mostly balances as Fal percent, pun m

Dapodtors may touster, a (bel) begięgnanc

al hom be more to the Hongbo kadhangh Cent, per ku

Bank Sebe placed on 763D DEPOSIT

* For the Hongkong and Shantie van kind Corners.

N. J. STABB,

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter B

HEAD OFFICE--LUSIDON.

PAITLUP CAPITAL

RESERVE FUND

BESSEYS MARILITY OF

PROPRIETORS

FOREIGN KEBANGS ́and Truser), Baskaj

basings transacted.

CUENKT ACcpuas opened teď PIXAR tredict 1 year or sorter perioda, s'

DEPOENTE

at which will be quoted on application

T. O. DOWNING,

Manage Hongkong, 11th April, 1913.

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15, Gracechurok Street, London.

Authorised Capital.

Subscribed

Paid Up

Reserve Fund.

***£1,500,000

BANKERR

1,125.000

602,000

The London Tolst Stock Zak, Ka

B-canary

Calcutta

Colabo

D' Gafour

The Bank of England,

BRANCHER

Hongkong

How ab

Xandy

Fort Louis (auritius.)

Kuruchi

Xola Barra

Kuala Langa!

Mudras

Stat goes

hanghai

Slogsport

HONGKONG BRANCH, Every description of Banking and Lecamy: Sulness transac

Interest pillowed on Ofert ATHENAMES OF REC

per annum co Dully Balances, und un Firne Depour at rain which may be ascertained on sypüluscious

C. CHAMPKIN,...!

Acting Manager.

INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE:

13. Wall St, New York

LONDON OFFICE; 16. Bishopsgate, E.C. CAPITAL & SURPLUS U.S. $8,500,00€ UNDIVIDED PROFITS, Į US. $1,548,006

BATAVIA BOMXAY

US $7848,008

BRANCHES:--

LOWTON

2 MANILA

SANTO DOMINUT SAN FRANCISCO

CALCUTTA MEDELLIN SANTIAGO

CAFTON PANAMA

DELOS CABALLEROS,

CEBU.

PEKING. COLOR PUERTO - ¡SHANGHAI HANIOW PLATA.. SINGAPORT HONGKONG FAN PEDRO TIENTSIN LORE -- DE MACORIS YOKOHAMA 4. Through Its close affiliation with The NATIONAL CITY BANK OF NEW YOR the Bask. able to oder Service Of The Branches of that Institutions Cats Sunr America, and lessubaru, nemalying

BAHIA

BUENOS AIRES. САВАСАЯ „GENDA, -HAVANI MONTEVIDEO, MOSCOW 'X10'- DE JANELL SANTIAGO DE CUBAFANTOS. SAL PAULO,

PETKOGRAD VALPARAISO, +

**Ati kinda ad YOREIGN #÷LOCAL BANKING

BUSINERS enacted.

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

Longs on Mortgage of House Property, du Boleromtred on Blocage.

DOVLINGS TERÍA on Merelančiai, Lenas zonde su ikke Provident System, .............. THUSTER, HECUTOR OF Y ATTORIRY, Au. Untarialen, and Złować

Gabor and Pactlamları on appllowthing - ** the Odien, pl SHEWAN TOMES & CO.,

General ManaTOTK

MARTIN'S APIOL STEEL

K Poonan Tamady fou all tyraguhert S. Thenade at Zodwa KURTYn hang a hot a Muracy Pitala sku Jarnan, an that on the dat by daní stay ta adufuatazol Thoseshar

Parooghori Gas, World, in pan vire

APIOLES

CURRENT ACCOUNTS opened and IIZE DEPOSITS Tceived at rates to be sstertafond en application.

GEORGE HOGG,

Маладог

Hongkong, 26th September, 1914

THE

YOKOHAMA SPECIE BANE

LIMITED.

Established 1880.v Authorised Capital Yen 48,000.00 Paid-up Capital,,,, 36,000,000 Reserve Fundr

22.100,001

Head Office-YOKOHAMA

Changelin

Oaks