1918-03-13 — Page 9

THE HONGKONG TELEGRAPH, WEDNESDAY, MARCH 13, 1918.

COMMERCIAL

•Raub Gold Mine.

tion of many raw materiala from Output for the four weeks ended | the Orient that were formerly had the 23rdjoutant: Bakit Koman by United States importers by the Stone Orasbed 5,099; Gold way of Loddoo, Hamburg, and obtained 1,002 cxa; Average per other European cranes. A large top 3.93 dwie: Bakit Malacca trade has also been built up Sage Crushed 4.106-tone: between San Francisco and the Gold obtained 928 cz Average Ditch Esat ladies that will be rer ton 1,598 date. Annasis permanent fad oriafrans-Pacific Clean-up-1,011.50 0.

NEWS

Japan's "Blectricity.

Manchuria Leather."

now in coures of

HONGKONG SHARE REPORT

8-SELLERS; BA→BAZES; B-BUYERS; N.-NOMINAL.

OFFICIAL PRICES. BANKS.

At the end of last year The Manchuris Leather Manu- there were in Japan 593 electric factoring Co. is pushing forward power supplying pleate, 40 its preparations to constrans the electric railways and 48 plants factory near Makdon. The combining power supplying and machinery tramways in Japan. As compared construction at Osaka is expected with the previous year, there were at Makden in the latter part of H. K. & S. Banks ». 42 more plants. The combined July. business. Export Asiatic ospital of these le estimated as countries through Sin Franciaco Y.726,430,569. which also shows Petroleum Productión. Daring 1916 there was so in the drat 10 months of 1917 an increase of Y 62,076,670. incase of more than 10,000,000 ameanted to $70142,504,9 gallone in the output of petroleum compared with exprta to the Barms and Tadia, the total amount of $48 143 432 for the production being 297,189,787 68me period in 1916 The importa

British Trade Levies

$620

MARINE INSURANCES. Cantons North Chinas Lalons

b. bu

$320 t. 120 .$800

At a westing of the Catton Yangtszes b. ox 73 $210. Control Board beld at Manchester

FIRE INSURANCES.

Siberia Commercial Bank, Tas Siberis Commercial Bank. Vladivostok, dismissed all its staf on Doember 10 it was decided China Fires on the 20th inst. #nd closed ite to coatinge to impose levies upon H. K. Fires gallone, as against 287,093,578 from Anistic countries totalled doors. This step was taken pro-/the firma wb ran machinery in

allons in 1915. The total valce 30401,478 in 5603315bably in anticipation of a possible excess of 60 per cent. of the total. Douglases rose from $1,036,741 to £1,089 bared with $49,503.315 is: attempt being made by the The Cotton Control Bard's new Steamboats 513 Almost the whole of Brat 10 months of 1916.

Bolabevike to take possession of heme is as follows: Oa spindles, Indos (Def.) the increase for the year is

the deposi's in the castory of shed. ter muie spindle per week Indos (Pref.) Biok. to be credited to the Sin-

The Japanese baving and 15/163, per ring spindle per Shells basiness dealings with Russisaal week on all worked above 60 per Ferries at Harbin and elsewhere are gent. of the total number: 00 advised to settle the accounts selooms, 18. 31. per week per loom Sugars early as possible.

up to 72 insh reed space and 2. Malabona Phosphate Deposlis.

Ba. per week per loom over 72- The phosphate deposits in the above 60 per cent. of the total inch teed. space on all worked for instance, the drop was 23terests, have been taken over by went into foros immediately, owing to a rumour that the United

Britieh interests, aspecially the

Ru oil field, the output of hich incressed by about 9,000 OCC Ralione. There was AD in eignificant decresce in the outpat of Yeaangyaung. In India the Digboi field increased its output

The Silver 'Market. We extract the following from Mesere. Simael, Montagu and Company's yearly letter on silver The price remained at 551. from the 21st to 26th September inclusive, and then commenced to fall in eomewhat spectacular

BANKS

BANK OF CANTON,

LIMITED

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General Banking Business Transacted.

INTEREST ON FIXED DEPOSITS:

b

1"

$138 $$30

SHIPPING.

For 3 Months 3% per annum.

*

b.

$76 s. & sa, $18 sa & b. #161

For 6 Months 4% per annum.

b.

$321

For 12 Months 41% per annum

1.

117/6

A.

$28

REFINERIES.

LOOK POON SHAN;

Chief Managar,

b.

82.

$80

$.90

MINING

Kailans Langkats

b.

40/-

b.

1. 14.

b.

$8

b.

31/6

$

1.

by about 750,000 gallons, while fashion. On the 27th September, Pacific, owned by German in-number. This system of levies Raubs

the new Khaur fald, in the Attocle district of the Panjab,

prodaged slightly less than in States Government might dispose deposits on Ocean and Ngarn Shanghai Paper MII, Co. 1915. Operatione in that field of some portion of their extremely lands, which are considered

large reservancsilver beld against

amcog the fist phosphate

דיי

The final winding up meeting

Tranbhs Urais! Oriental Cons.

DOCKS, WHARVES, GODOWNS, &C.

experimental stage at the end of silver certificate, iseped aga deposits in thai part of the world. of the old Shanghai Paper Mill H. K. Wharves st..

however, wera still only in the

the year under review..

between three and four hundred milion fine ources. At ibe sATIO

apon

The

F

will February Rubber Outputs.

Glamour of Industrial Boom

In Japan.

Shipped

Occcaunts Reinfall

ava

404

***

LANDS, HOTELS AND BUILDINGS.

$82L

t. 92

$27">

BANQUE INDUSTRIELLE DE CHINE.

行銀業實法中

Capital (34 Fald up). France 45,000,000 (1/3 of the Capital subscribed by the Government of the Chinese Republic.)

Chairman of the

Board of Directors Andre Berthelot. General Manager ▲ 3. Pernotta.

HEAD OFFICE:

74 Rue Saint, Lazare,, PARIS BRANCHES: PEKING. SHANGHAL TIENTSIN HONGKONG, and, SAIGON.

BANKERS.

In FRANCE: Société Générale pour favoriser le Développement du Com- merce et de l'Industrie en France. In LONDON: London County & West-

minster Bank, Ltd,

In NEW YORK: Redmond & Co" In ITALY: Banca Commerciale Italiana. Telegraphic Address: CHIBANKIND. Interest allowed on Current Accounts and Fixed Deposits, Terms on application. Every description of Banking and Exchange business transacted.

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

Tel. No. 2352

5. Chator Road.

Hongkong, 20th August, 1917.

NOTICES.

BANKS

HONGKONG BHANGHAI BANKING CORPORA-

TION.

Paid-up Capital .............

Loši. $13.000 KÖ

RESERVE FUNDS:

Sterling

£1,500,000 at 2/-

-$15,000,000 Silver...$19,500,000

Reserve Liability of

Proprietors.......

#4 500 000

$15,000,000

COURT OF DIRECTORS." Won. Mr. P. E. Estros) - Chairm swi G... Elkins, Ex-Deputy F.Butcher, ka

Bag

5. 11. Dodwell, Et Pertemuan mother, et. Ogobaty 3 Fun Mr & Shellin Hen, HD,

MANAGER

Hanghong, J. Stabb, Big.

XAXLGIR

Shanghal G. Scapher, Ext London Basters-Loudon County ser Westminwer Bank, “Latiash

Hodgkong-fatarunt Allowed i

Ca Current Accounts at the race of 'secinter

Sikum on the daily balanCI,

ON PLENO DEPOSIT.

For a months,dj per cent, par anham,

For

OF

the Ij par cent, pH REBAM.

OATH & per oral, per annum.

N. J. STABB,

Chief Mansur.

HONGKONG SAVINGS BANK THE Business of the above Bank La conducte="bo the HONGKONG AND SHANG HAJ. BANKING CORPORATION.

Rules may be therined en applicatiom'i. INTEREST deposits.ia: Kilowatība ina min-

um monthly balances at izi per cent pas sewis, Depositors may transfer, si abrir sution, berances of Bico or many to the Hongkong and Shanghai Bank to be placed on PERD. DEPIRIT cant per annis.

Ho

For the Hongkong and Shanghai Banking Corpora

N. J. STABB.

Chief Manager.

THE CHARTERED BANK OJ INDIA, AUSTRALIA AND · CHINA

Incorporated by Royal Charter 1353

BRUD OFFICE-LONDON. PAILUP CAPITAL £t sto.Cm RESERVE FUND BESERVE-LIABILITY OF

·PROPRIETORS

FOREIGN EICHANDA. Med. Gusarai Bankier CURRENT ACCOUNTS opened, and P DEPOSITS received ice & year rates which will be quoted on application)

aborter perlad TC. DOWNING,

Малите

Hongkong, 11th April, 1912

THE MERCANTILE BANK OL INDIA, LIMITED,

$50

b.

$87

$861

$5,50

IL

b.

$70

A

$78 $110

COTTON MILLS.

b.

2,170

II.

t. 15

b.

b.

183 1.431.

t. 8.10

MISCELLANEOUS.

Borneos ~~ China Light & P.b. Providents Dairy Farms

b.

83 $4.10

$7.10

Green Islands

H. K. Electrics

b.

89. b.

$29

$7,80

8481

$205

n. x. d. 827

$10 ..€6.90 $8

Zombay

Calentia

cts, 80

1.800

Colomb

100 Ex

ID MIN.

Detal

16.

11.10 L.M.

LEIK

Galt

$12

11.80 AM. NO

11.4.

1.15 P.K

Bongkeng

14 M.

Howard

62.

#BL

La ra

Kandy

-

b.

4.30 735

20

10 XIX

HIGHT CAND.

30 30

H. K. Ice Co.

:

25,500 Ropes

2,819 Steel Foundries ..

Trams, Low Level 67 250

Trams, Peak, old s. 153,000

Trams, Peak, news.

23 800 Laundries

23,374 U. Waterboats. 12,748 Watsons 20,314 Wm. Powells

... 8,000 Morning Posts

44,770 97,000 89.294 lb. 300,000 nata

CONS

DORRECTED TO, NOOK WEDNESDAY

MARCH (13) 1918, " BENJAMIN & POTTS,

Share and General Brokers,

Princes Building.

Tel, address: Broker.

In the past they have paid divid- American Metals in 1917. time the demand for Gbine ends of 25.75 per a u. to the C, L. (in liquidation), which Kowloon Docks 36. & 8. $152 Derpite very operating conditions in Mexics the was so complete that potential question of the New Zealand day after noon at the office of

anfavourable abeclately ceased, and the collapse oompanies operating them. The old "to Japanese interests S'hai Docks b.

over a year ago, was held yester. first half of 1917, United States buyers preferred to look on rather Government securing some of Messrs. Andersen and Meyer, Li, Centrals Smelting was able to get out a than commit bemselves. Toe these deposits in order to make The liquidator, H. V. Mayer, H. K. Hotels record-breaking production of descent was further accelerated sure of a sufficient supply of having piceated the statement Land Invest. silver last year, the total running by the prohibition of silver ex phosphates for the Dominion baa and acount, and having ex- H'phreys Est. between 12,500 000 sud 13 000,- porte to Scandinavia and Belland been taken up io. Parliament. 000 os., or a fall 1,000,000 cz

except under licence. A propor-

#New Japanese Foundry.

plained that all the assets bad K'loon Lands abend of 1916. Because lead, like tion of the purchasee made for

The erection of an iron foundry penses

been realised and the ex Shai Lands silver, was very profitable during Chios was re-sold, and sales at Kyomipo, Whanghaido, by the proposal

paid, the following West Points s large part of the year, the Smelt of Mexican dollars to the United Mitsubishi Co., begun in Fehra-the accourte eubmitted to this

Wes' made: That Reclamations I ing Company made every effort Statee were reported ery 1914 at the cost of Y.32,000, meeting, showing the manner Ewos to keep up prodaction with

quite a large scale. As a 000, has been nearly completed in which the winding up has been Kung Yiks the result that fipal lead figures result American operators were and the foundry will start the conducted and the property of the S'hai Cottons were practically up to the 1918 inclined to offer freely to the manufacture of iron on April 1. company disposed of, be received Orientals record-breaking total of 103,000 London Market. Impelled by Ore to be used there is now being and adopted and that the books, Yangtszepoos b 000 lb. Both copper and zinc, this combination of cancer, the taken from mines in Oholesomeecounts and documents of the bowever,

showed considerable price fell continuously from the Foo. Whsegja District, and company be retained by the said redactions, the output of the red 25th September to the 23rd Cote Uassamyon, Chailyong District, liquidator, he undertaking to de- metal dropping 22 per cant. from ber, remely from 55d. to 417. The former 28,800,000 lb. to 21,400 000 lb., 1341. in less than a month, or about

mine produces stroy the same upon the dissola 70. tons of or below the 1915 total. Explans only 24 working days. At this day, while the latter produces 80

ora ation of the company. tion of this is found in the rather point eupplies failed, and some tone. prolonged strike at the Mammoth sesistance was sforded by epeca consume some 20,000 tons of are

foundry property. Including the spelter lative dealings in China on the a month, and, beginning the work Alma produced by its own companies, part of native dealers in that in April, will use 180,000 tons of Amberet as well

that smelted

country. Os the 30th Octcore by the end of this year., From Anglo-Da'ch (Jara) for outside account, sine produc. bez on upward movement this some 90,000 tons of iron will Anglo-Java lion totalled 53,000,000 lb, an of 33. took place, from be obtained. Of this 45,000 tons Ayer Tawah 11,500,000 lb. reduction from 433. to 48d. (We have no record will be sent to Japan and used by Bein Anam 1916. Early last months of so large a variation in one day, the shipbuilding yards in Naga. Bakit Toh Alang agreement was reached by the either up or down.) The figures eaki and Kobe managed by the Chemor Uaited... copper producers in the Council has attained proved, however, Mitanbebi Co., and the balance Chempedak of National Defence, that the the limit of the reaction, and from will be put on the market in Dominion price of copper is to be continued this point the price sagged away Korea and Japan for general Gala Kalampong at 231 cents for the time being. to the neighbourhood of 434. consumption. This agreement is in scoordence Daring December negotiations with the announcement pre were carried on between the viously made." While the British and United States Govern price is satisfactory to the large menta. and American and other enterprises of one kind or another Kepayang

The springing up of industrial Java Consolidated producers some of the smaller in producers, with the object of in Japan after the outbreak of Kota Babroa tereats complain that it does not acquiring, about "half of the the war opened a wide demand Kroewoek permit them to operate at World's production, including the for skilled workmen, and skilled Laugkst... Eicient profit. The domestic whole output of the United States, labour was very scarce. There Pengkalan entpat of, quicksilver in the The comparatively high price had was a time when the management image United States in 1917, socording the natural effect of discouraging of every factory or plant tortured Sea Kee... statistics compiled by the the export of luxuries from Chins, its brains as to how to enlist the Semamba United States Geological Sarvey, and of encouraging importe into required men, end in several 01656 Department of the Interior, was that country, and also dispoeed aver questionable tricks were Shanghai Kelantan

Senawang 36,3514 sake of 75 lb, escb, valued people in the East to take played to reduce those in another's Shanghai Klebang at the average. quoted man advantage of the favourable exemploy. In isot, some agents of Shangbai Malay ket price at San Francisco (G. change to remit capital home. As home factories came over to Dairen Shanghai Pahang #106 12 per fuf) at about a consequence, Chins shipped to with the express object of tempting Shanghai Serembau $3,857,000. The output. was, India large quantities of silver in away skilled hands at local works Shanghai Samstra therefore, the greatest in quantity the form of syces and dollere, of with higher wages. It is now Bangei Dati since 1883 and the greatest in which the Indian Government re noted that a number of workmen Sas Manggis valne since 1876 The production tained a lion's share. Notwith who went to Japan in quest of Tebong.... in 1916 was 22,832 ke, so that standing the drain anca Chinese better berths are returning to the increase in 1917 8 6,619 reserves of silver, the stock of sycee Dairen.

U.obri fluke. The productive states in Shangbai never fell below 19,

Zangbe... were California, Texas, Nevada, 700,000 ounces (toward the close Orgon and Arisona.:

of the year the amount was within a million ounces of that reported on the 30th December, 1916- Despite many unfavourable 24,500,000 cunces). There in bot conditions, the foreign trade passelightest doubt that the much ing through the port of S-n higher level of prices bas induced Francisco for the first 10 months producera the world over to of 1917 amounted to G. 2302,-inorease their output, and to 105.494, an increase of $103,518,- revive mining propositions which 773 over the corresponding period had remained in sbeysoce whilst of the previous year, according to the price of silver remained at a figuree mede palio by the foreign low level. Still, it must not le trade department of the San forgotton that silver is mainly a Francisco Chamber of OoLa by product, and that the most Sofficirat time has powerful factor in the production now elaped eirce the bes, of tilver is high prices for the bisɛO gianing of the

gay metals with which it is found, Chamber of Commerce officials, to each as copper and lead, rather wmate certain that some of than an increase in the price of a change in trade routes caufed the precious metal itself. The hy the war will remain sa grest felling cf in production De manntal feature of internation during recent years Laa been commaioial intercourse after owing to the disturbed condition

Foreign Trade of Sau Franck.co.

WBY,

1

e close of hostilities. Speaking of Mexico, whose output had generally, one of the most fallen from 70,000,000 ounces to important.changes of this kind lose than half that amount, Other that her been brought about factors have been the difficulty of

daring the last two or three years is and to be the direct importa

C H A M P

RZODU

C

N E

67 600

+

12 298

37,681

40,000

64,034

10.930

ME

EXCHANGE.

SELLING.

17,000 T/T ........................ 3-44 8,432 Demand rescatories-3)- ... 10,388 30 ds.

mmcn 3/-14. 29.573 60 d/................ S 15,850 ¡4 m/B............ 3.-$4 ... 13230 T/T Singapore... 130

T/T Shanghai......... Nom. 20,681 T/T Japan ****** 13.543 T/T India

...

DLSSON

9,376 Demand, Indie

139

Nom. ****** Nom.

69 260 T/T Ban Francis-Į

RA

20,860 co & New York) 15,000 TE Java.... 1605% 56.000 TT Mark Nom.

4,698 TIT Francs............

4.11 68,000 Demand, Paris ́4114,

BUYING,

As originally supplied to NAPOLEON The Great.

The line quality of the time with once commend to the most critical SOLE AGENTS FOR CHINA:

ROAD.

obtaining cyanide, and the in- H. RUTTONJEE & SON, +516;- QUEENZ oreased cost of labour, etc.

4 m/s. L/C................ 3/115

6 m/s. LICE

Melbourne.

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

3/15

3/138

30 d/a. Sydney &

3:13%

30 d/s. San Frano-

isco &New York)

7314

4 m/s. Marks

Now.

4.26

4 mis. Francs ******

6 m/s. Francs ...... 4.31 Demand, Germany. -

Demand, New York. Nom. T/T Bombay

Demand, Bombay... Nom. T/T Calcutta

ùrn Demand, Calcutta... Nom... Demand, Manila... 144.

Demand, Singapore. 120

On Haiphong ... 4% prem. On Baigonium Tâ”. On Bangkok 51 Sovereign... 6.55 Nom

Gold Leaf, per oz., 42.40) Bar Bilver, peros... 43

SUBSIDIARY COINS

DISCOUNT PER $100- Hongk'g 5 cts, pieces c. $4.00 dis

10:

-2.00 prs, jota, pieces 794% dis

Canton

NOTICE.

PEAK TRAMWAY CO.

"LIMITED.

TIME TABLE

230 2.3. add.

11.00 precary half hour,

(33.00 Ƒa, to 41.43

story quarter of an hour

SÜNDATE;

18.30 AM

44156

11:00 AM

11.00 Now

1.30 ..

6.00 F.M

£30 JL

“KÉRET CĂRI as dit Work Dage

BATURDAYS:

Marra Car at Midnight. -- SPROTAL: DÁNÍ.

By Arrangemans at the Company's Dizde. Bezandra Bellinge

De Vox Kosá

• Samson and punch dekat Availabu for all BK 126 already full, rauning sa tha thusa statad sa filla Contrary's zone tablet, but not for apaani murs, man. be obtelood on application si, Đặn Campery! Omen'--Na Ersson, ticket will be Games, citi paypsat tḥarefa, has beep tondi En Bank Woven ur (by Cheras de Coloprador. order repressmaug Bank Noie

JOHN D. KUMPHEE?I 400 ↳

THE CHINA PROVIDENT LOAN AND MORTGAGE CO. LTD.

(Capital Paid up...$1,250,098.)

Zaang et Mortgags of House Property, du

· Garcia zvonized on

Lupus made me the Provičana Bystem.

TRUSTEE EXHOUTOH OF WEEZE, ATTORNET, de Valerinket and Saman 15 Chatur nuh Parisianiere on spotication)

BHEWAN, TOMES & CO.

General Manager

MARTIN'S

APIOL STEEL

MARTIN'S SPIOL:

TEEL

Head Office 15, Gracechures Street, London.

Authorised Capital ...... £1,500,000.

Subscribed

Paid Up

料

1.125,000:

562,301

Reserve Fund .... 600.000-

BANKERK

The Bark of Zorland.

The London Icist Stock-Bank, Stmk Në

BRANCHE

Port Louis (Mansiḍua)

Kines

Xots Ebers

Kuala Lump

Madons

Perang"

Kangoos

Shanghai

Singapore

HONGKONG BRANCH.

Every description of Banking and Zachaap- business tracted.

laterest sllowed on Correct Lecounts at e pécemm per annum an Daily Balances, and on Faced Depot strates which may be ascertained an appältarke,

C. CHAMPKIN,

Acting Manager

INTERNATIONAL BAN KINO-

CORPORATION."

HEAD OFFICE:

Wall St., New York

LONDON OFFICE?

36, Bishopsgais, E CAPITAL & BURPLUS DE $6,500,00#

·UNDIVIDED FROFTTH US. $1,340001

BRAN

LONDON

BATAVIA BUMRAY MANILA

18. $78

CALCUTTA MEDELLIN "SANTIAGO

CANTON

CEBULO

COLON

HANKOW

PANAMA

PETING.

PUERTO

PLATA

BANTO DOMINAT

SAN FRANCISCO

DELOS

CABALLYBOS,

SHANUMA SINGAPOKE

BONGKONG FAN PEDRO TIENTEIN DAY KOBE

DE MACORIS YOKOHAMA Thrinin Its close ablation with: The NATIONAL CITY BANK OF NEW YORK the Bank is the offer e Sanday of the -Branches of that Institution in Cabs South

America, and ale bezs, namdys! BAHIA, BUENOS AIRES. GESOM HAYAN MONTEVIDEO, MOBOOW CARACAS RIO DE JANEIRO - SANTIAGO DE CURA

SANTOR

PAULO PETROGRAD VALPARAISO,

All bad of TOREIGN & LOCAL BANKING BUSINESS traducted.

CURRENT ACCOUNTS cored and FIXEI DEPOSITS, receivedál rales to be ascertained as

GEORGE HOOG,

"

Hongkong, 26th September, 1916

THE

YOKOHAMA SPECIE BANK,

LIMITED

Established 1880. Authorised Capital Yen 48.000.000, Paid-up Capitale is

$6,000,000 Reserve Fund........,, 23.100,000-

-Head Office-YOKOHAMA

Branches Bombe

Calcutta

Mangelon

Kankow:

Honda

Kobe

London Leon Lön Angnize

Agencier