1918-03-27 — Page 9

EARLIER TELEGRAMS.

**

(Continued from page 7)

THE STRUGGLE IN FRANCE.

French Troops to the Rescue.

Lundou. March 23.

A French communique states: French troops begin" on March 23rd to intervene in the baitle on the British front. They relieved part of the British forces and took up the "struggle on their own account. They are at present berofo- ally fighting in the region of Noyen, disputing the hights on the right of the Oise with important German frees There are violent artillery actions in the region of Courey and Loivre, and north-west of Rheims. Two enemy coupɛ- de-main ezat of Suippe in Champagne broke down. There is great artillerying between Arrancourt and the Vosges. The enemy at dawn attacked east of Blemery and east of Badonviller but was repulsed with heavy losses.

German Advance Slowing Down.

Londok, March 25. This afternoon's British communique has deepened the confidence that the British, will hold the enemy. Reports from Allied capitals breathe equal belief in the British soldiers ability to wear down the enemy. Paris is parti enlarly sanguine. News that the French had joined in led to expectations of important developments on the British dight," whereanent however the communiques and comment are reserved. According to the latest despaten from Mr. Mr. PhiEp Gibbs, after four days of the most terrible slaugh- ter the German advance is slowing down. The price they have paid for the ground won is simply stupendous, the casualties ranging from anything between 30 to 75 per cent. of their forces engaged, while the fighting units are hunger,

exhausted. dazed and depressed at the receding prospect of the promised decisive victory.

开

Their progress has been stopped and it seems certain that our armies are now able to control the situation within the limits of safety. We are holding good lines and the blackest shadows are beginning to lift.

America's Confidence.

London, March 23,

Best informed opinion in Washington is absolutely.con- fident. American military critics, warn the public against unreservedly swallowing German communiques, which are obviously chiefy inspired by a deliberate intention to create gloom, anxiety and fear among the Allies.

More German Claims-

London, March 25'

קין

A wireless German official message says: We deleated. the enemy in & tremendous struggle near Bapaume. We broke through a strong enemy position north-eastward of Bapaume after bitter fighting. Meanwhile our forces from east and south-east drove back the enemy via Ypres and Sailly. The enemy's stubborn résistance which has been reinforced was broken in violent battles. Fresh divisions and numerous tanks vainly opposed our advance on the roads from Bapaume to Cambrai and Peronne.

During the night battle Bapauze fell into our hands, Hot fighting developed for the possession of Combles and the heights westward in which the enemy was defeated. English cavalry attacks broke down. We are now standing in,the, ziddle of the former Somme battle-field. The Crown Prince with Von Hutier's army ascended in bitter fighting the heights westward of the Somme. Violent English in- fantry and cavalry counter-attacks broke down sangnintrily.. We captured Nesle. After crossing Crozat Canal we throw back the British, French and Americans via Lanouvelle and Stillequier Aumont, French infantry and cavalry divisions brought up for a counter-thrust were sanguinarily deleted. We captured Gaiscard and Chauby. Prisoners now number 4.5,000.

British Fighting Splendidly,

London, March 25.

The War Office announces that we to-day have beaten off continuous heary attacks on the front the Somme and Wancourt French.reinforcements are arriving.

A Press Bureau” statement says the enemy has made

Some progress capturing Nesle and Guiscard.

arriving in this neighbourhood. Our troops, though tired, are of good heart and are fighting splendidly. The enemy is only pro greasing at the cost of heavy sacrifices. Our losses in mater- fal have been heavy and include a number of tanks.

Stock Exchange Confident-

London, March 25

French reinforcements arg

The Stock Exchange opened with a feeling of quiet confidence. Offerings of the leading securities were radily absorbed and quotations now show only slight declines on balance. Consols are quoted 551 and War Loan 93

PROGRESS IN PALESTINE.

London, March 25,

A Palestine official message says: We extended our posi tions on the left bank of the Jordan. One of our patrolling machines attacked five aeroplanes and brought down three uncontrollable.

King Hedjaza's troops, near Jeddah 78 miles north-westward of Medina, surprised and destroyed a Turkish Camel Corps.

GERMANY AND ODESSA. '.

London, March 25

A wireless German message to Russia refuses to eva- cuate Odessa, because it is considered to be within Ukraine.

JAPAN, AND SIBERIA,

Osaka, March 25,

Business men believe that immediate Japanese selion

in Siberia in unlikely.

GERMAN SUBMARINE IN DISTRESS.

Ferrol, March 26,

A German submarine of 400 tons, armed with two eleven conti-metre" guns with a crew of thirty, has entered here. The Commander stated the submarine was badly damiged de the result of a fight with three warships.

4

THE HONGKONG TELEGRAPH, WEDNESDAY, MARCH 27, 1918.

COMMERCIAL NEWS.

The New Board of Trade Journal,"

Boope.

pro-

HONGKONG SHARE REPORT-

S-SELLERS: SA-RALES: B-BUYERS; N-NOMINAL

OFFICIAL PRICES.

BANKS.

..

BANKS

BANK OF CANTON,

LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and feneral Banking Fransacted.

Business

INTEREST ON FIXED

DEPOSITS:

For 3 Months 3% per sasumi

#605

$320 t. 115 $800 b. ex 73 $217) FIRE INSURANCES.

b

SE:

$133 $35)

[

SHIPPING. Douglases D. Steamboats Indos (Del.) Indos (Pref.)

874

For 6 Months 4% per annum.

b..

$19

S.

$154

For 12 Months 4}% per annum

b.

2921

b.

120/-

LOOK POON SHAN;

5.

$23

REFINERIES.

83.

D.

*380 29

MINING

.b.

40

Shells Ferries

limited production and use. One (of the objwin of the work of this committee is to determine the possible substitutes for com

'Odinmers cial products which are now not Tobtaicable in sufficient quantity to folfill the war demand of the The Board of Trade Journol United States. The work of the | appeared on January 3, in a new committee is exosadingly com form and with a greatly widered prehensive, covering oil-produs

ing seeds, gume, resins, übrer, H. K. & S. Banks 8. The Journal is now local textiles medicinal planta, printed in double columns (on tans, dyes, and in fact, all

MARINE INSURANCES. Cantons paper of foolscapriz1, has a whitej dacle which have a commercial or

potential commercial value North Chinas cova, and in appearance re.

Unions which may prova to be of benefit sembles a weekly commercial

Yangtszes to the United States at the preant newspaper. Its price is 6d. (66} {time or in the immediate future. post free), and the rate for annual An attempt it being made to de- China Fires eubscriptions post free is 276.83 semble the desired material at H. K. Fires. | All trade advertisements will be the Bureau of Science and 'the stopped after Maroh 31, when operation of the public, local the existing contriot expires. manufacturers, and exporters is The 18608

of January 3, requested in order that the coller contained sathoritative special tion of Philippine commercial and articles on the following tab- presible commercial products mast jeots-A foreword by the be made as extensive and repre President of the Board of Trade sentative as possible. The com upon the scope and purpose of mittee desiree merely small sam Sugars the revised issue of the Journal, ples of at most a few ounces of Malabons An introductory article upon each product. It is believed that "After War Trede," dealing with this may be the means of bringing Kailans certain parts of the report of the some of our minor products to the Langkats Departmental Committees contention of importers in the Unit-Raubs cerning which articles will sppaard Sistra, and the stimulate the Tropobs. in subsequent issues: A first local production of various com- Urais Artiole explanatory cf the Namodities which are not now ex- Patents and Designs Bill: An ported from the Philippines. A DOCKS, WHARVES, article descriptive of the system cordingly email commercial sam GODOWNS, &C.. of distribution of information ples of all non-perishable, orade | H.K. Wharves ea. $831 & 83 which has been adopted by the and partly prepared products of Kowloon Docks b. x. d. #1213 Departmentof Orerseas Trade (Da the Islanda will be greatly appre. S'hai Docks. b.

LANDS, HOTELS velopment and Intelligence). Alciated in connection with pro

AND BUILDINGS. section entitled "Notes on Trade" paganda. Data as to the origin and deals with other topics of current use of each sample will be added at interest, and will contain, from the Barean of Science before the week to week, explanatory notes prod sets are forwarded to the upom important Orders effecting United Distanza Daily trade, Customs regulations, tariff Bulletin, changes and so on, of which the official text or substantial sum mariee appear in the Journal

Philippines Rice Trade. Sage the Manila Daily Bulletin

Oriental Cons.

Centrals H. K. Hotels Land Invest. H'phrey's Est. K'loon Lands Shai Lands West Points Reclamations

b.

', $$

$51

b.

b.

$90. $871 $84

II.

8271

b.

t. 70

21.

#78 $110

COTTON MILLS.

b.

t. 174

b.

t. 15

b.

t. 140"

b...

t. 481

b.

1.9

b.

#7,10

b.

$29"

$3,

b.

$48 $225

5.

$261 $10 $6.20 $3

cts. 80

b.

$5

b.

A section entitled "Imperial end of the 21at instant-When in Ewos >> Foreign Trade" will in coarse the past local dealers in Antigas, Kung Yiks of time, with the develop particularly the Chinese who bave S'hal Cottons ment..of the service of Tradelenjoyed something of a monopoly Orientais Commissioners in the Dominions in handling the rice orop of the Yangtzepoos and commercial attaches and province, have been able to MISCELLANEOUS. .... consular officers in foreign coun- collect at harvest times cavan Borneos b. tries become e most important of palay for every

$9 $4,10 pero China Light & P.b. feature of the Journal. Alloaned, the farmer five or six Providents beginning will be made with this months before his crop matured, Dairy Farms section in the first issue, and it rural credit associations to-day Green Islands may be expected to develop rapid-handle the situation there in HK. Electrics ly and to become of increasing satisfactory manner, and instead HK. Ice Co. usefulness. In this section will of the farmer being required to

Ropes appear particulars of such "open-tara back P3 50 worth of palay Trams, Low Level 6.

Steel Foundries (n. inge for British trade" an may be for each peso borrowed, he is now Trams, Peak, old s.. published without detriment to able to secours, the funds he re Trams, Peak, news. the interests of British tradere. quires at an an interest charge of Laundries The features of the old Journal, five centavce per peso for the six which deels with Government month period, says A. W. Pre notices affecting trade, Customs atch, chief of the rural credit see regulations, tariff changes, postal tion of the Bureau of Agriculture, regulations and mails, will be who returned to Manila yesterday re-arranged and, it is hoped, morning from an extended trip made more convenient for refer through the southern provinces. ence, and, as above mentioned. Speaking of Antique, which bes the official text will in important been somewhat of a pioneer in cases be explained under the rural credit work, and of the town beading “Notes on Trade.”

Philippines Products.

of Bibslom particularly, D. Pra- atch says that during the months preceding the harvest of the rice crop, the Chinese there ware mót.

U. Waterboats. Watsons Wm. Powells Morning Posts a

CORRECTED TO NOON WEDNESDAY BENJAMIN & POTTS. Share and General Brokers,

Princes Building.

ANMARON.27, FRIN;)

Tel, address: Broker.

EXCHANGE.

SELLING.

3/1

3/16

The Borsao of Science is able to loan out a single peso.on endeavouring to comply, with the terms which they had hitherto T3-38 request, from the raw products imposed, while the rural credit Demand committee of the Connoif of Nasscelatione succeeded in getting 30 d/s tional Research with headquartere ome P3,700 distributed among 60 d/s 3/134 at the Bussey Institute, Jemsica the farmers in email loans at 6:4 m/s.................. 3/13/ Plair, Massachusetts, sakirg rasonable rate of interest. Mr. TT Shanghai... Nom, ite cooperation in

securing Praatch speaks very enthusiastic Singapore 132 trade samples of

T/T Japan tidak 141 all ally of the work which has been IT India ........... Nom. types of Philippine arade sccomplished in rural credit Demand, Indis....... Nom. and partly prepared products extension in this and other son T/T San Francis-1 both of established commercial thern provinces, and is preparing

731⁄44 position and those of strictly report on his trip.

C H

A

P

Peking, March 28.“

N E

NAVAL CASUALTIES.

London, March 21

The Admiralty announces that a mine-sweeping loop was mined and sank on March 22. Two officers and 64 men were lost. A destroyer, after a collision on March 23 wak One officer and one man wère lost..

CHINESE POLITICS.

Tuso Chi-jui has been re-appointed Premier, constituting

a political triumph for the northem Provincial Govemore, following their military auccesses against the southerners.

A CAIRO REPORT.

Cairo March 26,

It is officially stated that a hostile airship has observed on the coast,

ل

DDESSON

0

As originally supplied to NAPOLEON The Creat.

The fine quality of the wine will once concas to the most efficil

SOLE AGENTS FOR CHINAMAN

HRUTTONJEE & SON, QUEENS

·ROAD,

co & New York]. TIT Java 16144 T/T Marks............ Nom. T/T Francs.4.19 Demand, Paris... 4.1914.

BUYING.

4 m/s. L/C

4 m/s. D/P..

6 m/s. L/C.

30 dis. Sydney &

3/26 3/21/4 3124 3/216

Melbourne....!

30 d/s. San Franc-1

isco &NewYork/

+7494

4 m/s. Marks

Now.

Amis, France...

4.34

FERRAL

6 m/s. France. ........... 149 Demand, Germany.. Demand, New York, Nom. TT Bombay

Demand, Bombay„... Nom. T/T Calcutta

Demand, Calcutta... Nom. Demand, Manila... 14614 Demand, Singapore. 13:4 On Haiphong 34% DIGI On Saigoniams TD** On Bangkok ******* 5014 Sovereign

6.40 - Nom Gold Leaf, per oz., 42 Bar Silver, per or

SUBSIDIARY COINS.

DISCOUNT PER $100:-

H'Long

Canton 20

Chief Manager.

BANQUE INDUSTRIELLE "DE CHINE.

行銀業實法中

Capital (34 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 Berthelot General Manager A. J. Pernotta.

D

HEAD OFFICE:

74 Rue Saint Lasare, PARIS BRANDFES: PEKING. SHANGHAI, TIENTSIN HONGKONG," and SAIGON. BANKERS.

In FRANCE: Société Générale * pour favoriser le Développement du Com- merce et de l'industria en France. In LONDON: Loudon 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 Deposita. Terms on application. Every Description of Banring and Erchange business transacted.

M. SQUET DE JOURNEL, Manager. HONGKONG BRANCH : Queen's BuBding.

Tel. No. 2332

5. Chater Road.

Hongkong, 20th August, 1917.

NOTICES.

NOTICE.

PEAK TRAMWAY CO.

LIMITED.

TIME TABLE

$.00 AM

30000 JUL

TRINJAL

1.45 PC-

32.36

500

KD FIL

KIGET CARE.

30 Ma

LIFA- sod 3. 2011, 130 135 25.00 23. every half hone

11.00 Par to 11.49 PJ38 avery, quarter of en bow, SUNDAY:

13.30 10

10.30 AM. 11.00 4.3. 1964 Nons

10 14

TIGHT CARR me ma`WAKE DATE

BATE DAYSTION

"Bries Car “si' Midnight "- SPROTAL CARS

By Arzugsmąsi ja iha Company's Omes, dipundra Bollidings.

-Basson and panel slakats avaliable for all as nos 'Already toli, vuaning as the time utalad in she Company's time tables, ben wol for special Cars, van de betained on application if the Company's Office No Besson Splet pe ikiwać stadi payment therefor Das besonde in Bank House or by Gibque...en Compradora erder zugewoonking Bank Notes

JOHN D. HUMPHRIES & CONSI

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

Leidy on Longags of Bocian Property, dek amodi frostved on storage. Adriaan zondere Marchandis

Zoning coada ya vije Ergridens System?"","

ANPORNKY, ha. Undertaken and Tamar ***Rated apk Partiyalara an application),

BELWAN, TOMES & CO.,

General Managers.

MAR PAPIOLUSTEEL

HO

BANKS

ONGKONG & BRANGHAI BANKING CORPORA-

TION.

Paid-up Capital RESERVE FUNDS)

Sterling

£1,500,000 at 21.

****$15,000,000

Silver ...$19,500,000

Reservs Liability of

$1 000 00

$4300 000

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

Hon. Mr. P. R. Fayol.

Contra

LV.D. Purt, Esq.

G. T. 3. Edhies, Ea-Deputy Chatimaa." 6. E. Dodrell, En. Mr E. Sheilim,

WL. Porteorian truck. Gubbar,

Hoa. Nr. D. Ldale

CHIRY MANAGER' Hongkong - N. J. Brades se

SAVICKA

Sangbad G. Stephen, Esq Loodes Brakes London County, ass Westminster Bank, Limited

Hongkong-Interest Allowed.

Ca Current Accounts at the cath of 1 per EROL F

BREEM on the dally balance,

ON FITED DİXPOSITE,

Joe 3 months, 2 per cent, per REDRE,· For & months, of per cunt. p.

or in wonthe, & per crat per vakam. N. J. STABB,

Chief Manage?

HONGKONG SAVINGS BANK TEL Banten of the above Bank is conduct by the HONGKONG AND SHANGHAI BAKING CORPORATION, Aries may be obmized on applicatios INTEREST

deposita la aikwad;gs (30 mi

Iman monthly balances atat per cens, per KADAM, Depositors may transfer, a their opties balasom

of $100 or more to the

DEFAIT *.

Back to be placed Fourier was Chanchal cap ESAL,

You the Hongtang and Shanghai Banking Corpoes-

N. J. STABB,

فوله

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

• Incorporated by Royal Charter 1443

PEAD OFFICE-LONDON. PAID UP CAFITALammf1, 105, 161 ROBEBE FUNDSDOT EESERVE TARILITY OF

PROPRIETOR 27,

FOREIGN FICHANG) and Ospital Bakie) basiner transacted/ CURRENT ACCOUNT opened and, 12KM)-

DEPOSITS received for 1 year or sooruse periods a tates which will be quoted an application)

T.'C. DOWNING,

Managu Hongkong, 11th April, 1912

THE MERCANTILE BANK 03. INDIA, LIMITED.

Head Office 15, Gracechurch Street, London.

Authorised Capital ......£1,500.001

Subscribed

Paid Up

Reserve Fundi

***BANKER

The Bart of England.

1,125.00

563,50€

600,000

The London Joint Stack Bank, Link ad BRANCHE-

Zomber

CHICHTEX

Colomba

Galle

• Hongkong

Howuh

Kandy

Port Louis (Maurisati

Kazla Lamps

Perkor

Risgoos

Thangha

Stuga pory

FONGKONG BRANCH.

Every description of Banking and Excisaj. business transected.

faterest allowed on Current Accounts at upa cat. per annum on Daily Balances, and on Tixed Depor at raies which may be ascertained on applicatio.

C. CHAMPKIN,

Acting Manager

INTERNATIONAL BANKING

CORPORATION."

HEAD OFFICE:

15. Wall St., New York LONDON OFFICER

56, Ehhapegata... CAPITAL & SUBFIUS U8 $5,500.00% UNDIVIDED PROFITS US $1,248,00

EATAVIA HUNRAY

2000 17.5. $7,848,001 BRANTFPA -

LONDON

MANTLA CALCUTTA MEDELLIN SANTIAGO

CANTON PANAMA

CEBIL

NAISTO DOMINOF SAN FRANCISCO

DE LOS PEKING

CABALLEROS, COLON PUERTO SHANGHAI HANKOW PLATA SINGAPORE- HONGKONG SAN PEDRO TIENTSIN KOBE

DE MACORIS YOKOHAMA Through Its close sillazione sukh -Tar NATIONALICITY BANK OF NEW YOK the Bank is able to serfor Deestors of th Brascher of that fastinelen in Cats BOD America, and slaewhere, zamoly

CARACAS

BAHIA, BUENOS AIRES, GENOL SATAN, MONTEVIDEO, MD600W RIO DE JANEIRI SANTIAGO DE CTRL FANTOSAY; 2. SA PAULO, TETEOGRAD VALPARAISO,

All kinda of FOREICH 10 ERTA

· EUSINESS Docted, v

CURRENT ACCOUNTS opened and FIXES DEPOSITS received et ratas in.be antestained or application.

GEORGE HDGO; / Manags -

Hongkong, 26th September, 1914

THE

YOKOHAMA SPECI

- LIMITED.

Established 1880.

Authorised Capital Yen 48,000,000

Paid-up Capital.

Reserve Fund

36,000,000

23.100,000

Esad Office. YOKOHAMA

Bombar

Changchun

Lond

XTODS Los Angelosg Mania.

SHI

11th March