1921-07-11 — Page 12

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12

BANQUE INDUSTRIELLE DE CHINE

Notes Cashed in Full in Peking,

THE HONGKONG TELEGRAPH. MONDAY JULY 11, 1921.

morning but when it was found that the banks had enough money to mast the demand, the trouble eventually subaided and business in the afternoon was carried on

as usual,

Peking, July 3. / The chief centra of attraction

EXCHANGE.

HOTELS.

1Opening Rate: closing Rate

THE HONGKONG HOTEL CO., LTD.

an Page 1

SELLING.

2/8 2/81

OPERATING

-

·2/316

Nom.

115

103) 210

50

153 Nom.

6.20

A meeting of representatives of was the Bank of Cantos, Ld., on T

The bank was Damand tha Ministry of Finance and the Ningpa Road. Peking Chinese Bankers Associa-opened as usual at 7 o'clock inse dis tion, to-day decided that the lal-the morning and a couple of so d ter body should advance funds hours later, a crowd was at the 4 m/s for the purpose of cashing the door demanding that the bank ax-IT Shanghai outstanding banknotes of the change their notes for hard silver. T/T Singapore, Banque Industrielle de Chine,For about two hours this con- T/T Japan leaving the deposits and other tinued and when it appeared T/T India... obligations to be settled by the evident that there was no sign of | Demand, India ...... the bank's inability to pay and FT San Francisco)

& New York.. that the institution was able to

eat the demand, the crowd TFT Jars

F/T Marks melted away.

IT Francs Demand, Paris ......

bank itself.

The Association has appointed a special committed to arrange with the French Legation and the bank itself regarding the White money way being paid means whereby these notes can out at the bank, quantities of I cashed in the speediest way silver dollars were sent to some and with the least inconvenienre 25 money exchange shops with to the public. As soon as the orders that the notes were to be form of procedure has been de-accepted at full value. The Wing cided, public notification will On Co., the Sincere C., Nanyang] again be issued. In cities wbare Brea. Tobacco Co., and other large the bank has branches the same and influential business houses, measures will be carried out by also issued notices that they were the local bankers' associations-accepting the notes, Mr. Chun Says the N, C. D. N.

PAYMENT DELAYED IN SHANGHAL

4 m/s. L/C 1 m/s. D/P 5 m/s L/C 10 die Sydney and ↑

Melbourne da. San Francis-1 co New York/

(Repulse Bay

BUYING.

2,978 2/104 2/10 9/1174

5314

4 un/s. Marks......... Nom.

6.80 I m/s. Francs oms. Francs.......

Tel. 373.

7.00

Nom.

410

Nom.

210

10315

Binghim, one of the directors of the Nanyang Bros. Tobacco Cn.. issued notices to the various buyers of the Company's Demand, Germany. cigarettes urging them to accept Demand, New York 501s the notes at face value and the TT Bombay Company would guarantee to Demand, Bombay sccept them when presented. Mr.T/T Calcutta Chua, who is also compradore of Demand, Calcutta Measts. A.W. Burkill & Sons, haan Yokohama.... taken the same step with the Demand, Manila ... 110 soap dealers. He has promised Demand, Singapora. 1154 to accept full responsibility for Demand, Batavia the notes.

On Haiphong

Nom. On Saigon

Shanghai, July 4 Reuter is officially informed that negotiations have been con- ducted to-day with a view to effecting an understanding with the Chinese Bankers' Association whereby the outstanding notes of the Banque Industrielle de Chine would be paid at par. What was apparently a definite agreement to this effect was reached this

$600,000 Paid Out. morning. A hitch arose, bor.

In all, about $600,000 was paid ever, this afternoon, owing to a

the part of out yesterday, and should there disagreement on certain members of the As-be any further demand to day. suciation, as the outcome of the Bank is prepared to meet which a telegram has been despatched

ro Peking. It is The Bank management ab- hoped that the arrangement willsolutely denied the rumour that be completed to-morrow.

it had loaned $1,000,000 to the With reference to the above Banque Industrielle de Chine and the actual date on which par. ment is to begin and where has not get been decided. When news of the Peking arrangement came

On Bangkok Sovereigu

153

734

Nom. 7.30

Gold leaf per Taal... 49.60 Bar Silver, ready... 37

forward

......... 3

Bank of England rates 6 New York/London... 3.6934

SUBSIDIARY COINS.

was unable to pay its obliga- tions. We are informed, that the H'kong 50 ct. pieces Bank of Canton has had no can! nexions with the French Dark.

contrary are

10

5

par. par.

1/2 dis. 15.4% dia.

Hongkong July 11, 1921.

WEATHER REPORT..

through, the Chinese Bankers and are asked to state that all Canton suh coins Association. representing 19 Tumours to the banks, met and considered similar entirely groundless. plaba bere. There appears no The Bank of Cauton, L., is a question that payment will be company registered in Hongkong! made but the detaila have, punder the Companies Ordinarises | parently, yet to to be settled.

EXCHANGE SHOPS SQUEEZE

It is, of course, recognized that

Bank

In-

of 1911 and was incomorated in 1912. When it was fouqd that

its original authorized capital July 11d. 11b. 22m.-Pressure was oversubscribed, the articles has increased moderately

aty at other reporting stations.

B

Gradients are shallow over the

southern portion of the map.

of incorporation were changed, Weihaiwei, and slightly over 4 stop must be put as early as making the authorized capital Indo-China. It is nearly station- possible to the speculation in £1,200,000, more than £1,000,000 notes which was a phase of the of which has already been paid market yesterday. dustrielle notes were being dis-up. This, at the present rate of exchange, is nearly $10,0 6,000. counted at from 10 to 15 per cent. Besides this there is a reserve and the small banks and exfund of $109.009. change shops took advantage of) the situation in a scandalous manner. By the afternoon they were demanding a discount of

about 5 per cent, on bank notes. no matter of what issue, and in consequence the nervousness of the public was increased. Thera

IF YOU WORRY, READ

THIS.

Waw Dot the slightest OC-USEFUL HINTS FOR DARK DAYS. casion for

this attitude

on

their part, and it is only!

that they could not

J

pity

I brought sharply to hand for

Worry never brought any good this practice as undoubtedly it to anybody. Still, you say. had much to do with the run don't worry because I want to: it which took place on the Bank of is because I can't help it" or "I Canton and which threatened worry because I have so much to cther banks

Worry about."

صرة

We all have our troubles, and As regards the Banque Indus- trielle, officials of the bank were torrs, of course, makes matters The patient genet la taking an optimistic view of the worse. situation yesterday and antici recognises this fact without being pated that the local office would influenced in any way by it.

opened within a day or The doctor who could meet th two. While they believed in a nervons condition and cure satisfactory scheme of reorganiza would be the most popular mai tic they had no details available alive. He cannot do it. however. because the form of nr dua ok" for the public.

We understand that the French baustion known as neurasthania, Consul-General in company with of which worry is a characteristi Mesra Sung Han-chang, man-symptom, must be cured u ager of the Pank of China, Y. M. large extent by the patient.

But as the nerved perd noor Chien, manager of the Bank of Communications. and

it H. S.the bar for hour.sh Sheng, managing director of the naturally follows that by bu'd National Commercial Bank and ing up and reinvigorating the chairman of the Chinese Bankers' blood the patient is tackling the And Association, went to the Banque actasl root of the trouble. Industrielle yesterday and made that is why Dr. Williams' pink

a

Hongkong Rainfall for the 24 hours ending at 10 a.m. to-day. 0.24 inches. Total since January Ist, 65.65 inches, against an

erage of 45.12 inches.

FORECAST FOR THE 24 HOURS.

ENDING AT NOON TO-MORROW.

District.

Forecast.

E. of

1 Hongkong to Gap variable

Rock

winds.

light: fine.

Formosa Channel

3 South

ofl China between H.K. & Lamecka.)

The same

as No. 1.

The same as No. 1.

of

+ South coast

China between H.K. & Hainan.

The same as No. 1.

T. F. CLAXTON, Director. K. Observatory, July 11, 1921.

METEOROLOGICAL.

Lekker Street)

(under comAUROLIJE I

PROPRIETORS:

WO

PING-

THEATRE

HONGKONG HOTEL

REPULSE BAY HOTEL

(Hongkong)

PENINSULA HOTEL (Kowloon)

HONGKONG HOTEL GARAGE

TOWN GARAGE & SHOW ROOMS RUSSELL STREET GARAGE

REPULSE BAY GARAGE

THE HONGKONG HOTEL CO., LTD. |

KING EDWARD HOTEL.

CENTRAL LOCATION,

ELECTRIC LIFTS AND LIGHTING, TELEPHONE ON EACH FLOOR,

HOTEL LAUNCH MEETS ALL STEAMERS.

Telegraphio Address: "VICTORIA

J. WITCHMAS,

Manager.

THE PEAK HOTEL.

FEET 43016 SEA

IS MINUTES FROM LANDINGO STAGE. UNLER THE MANAGEMENT OF MRS. BLAIR.

EUROPE HOTEL, SINGAPOR=.

UNDER NEW BRITISH managemENT,

THE PREMIER HOTEL FINEST SITUATION.

EXCELLENT CUISINE.

ARTHUR E. ODELL,

(Late Grand Hotel, Southcliffe, England and

Royal Palace Hotel, London, W.)

KINGSCLERE

KNUTSFORD HOTEL

SACHSE, LENNOX & Co., General Agents

Are resident Managers,

NOTICE

THE

PICK OF THE PICTURES

TO-NIGHT

At 230 & 7.15-

"THE SON OF TARZAN"

Episodes 1, 2, 3 & 4 "DAREDEVIL JACK "

at 2.30, 5.15, 7.15 & 9.15

MABE. NOR "AND

"SIS HOPKINS'

**BRINGING UP FATHER"

British Gazette

"

Episodes 1 & 2

at 9.15 p.m. Alice Brady

in

"IN THE HOLLOW

OF HER HAND"

THE

CORONET KOWLOON

HONGKONG THEATRE

TO-NIGHT at 5.15 and 9.15 p.m.

THE FAMOUS COMEDY STAR

GEORGE BEBAN

*

in

**ONE MORE AMERICAN "

A Paramount Picture

HOTEL

LEVAL

MID-LEVEL

KOWLOON

GRAND HOTEL DE PEKIN

Tel. Address: GRAND HOTEL "

Peking.

PEKING, CHINA.

CODES:

A.B.C. 5th Edition: Bentleys & Liebers.

THE ONLY HOTEL DE LUXE IN THE FAR EAST.

Afternoon dansant, dally.

Beautiful new steel and concrete fire proof building with six floors. 3 lifts; 200 rooms, each with private bath and city telephone; and a spacious roof garden overlooking the romantic Imperial Palace. the Legation Quarter, the Rockefeller Institute, and the entire city.

Unexcelled cuisine, with French chef. specialty. Wines of the best districts of France.

Banquets

&

Large playground for children in the park of the hotel, which is the bealthiest location in the city.

THOS. COOK & SON, Headquarters, in the building. Motor bus meets all trains.

RIVER LEVELS,

As a guide to skippers and others interested in the water levels of the river we have been requested by the Board of Conservades Works of Kwangtong to publish the following table of water levels. The levels are taken at 10 s.. each day.

TO-DAY'S SHARE

QUOTATIONS.

--: 0:

OFFICIAL PRICE.

Banks

H.KS. Bant sa. 720 ex rights

£35 paid Bk. of E. Asia

וי

b.

b. Marine Insarances.

405

150

Cantons North Chines Vaiona

405

b

144

Sk

240

Yangtazes

b.

2412

Far Easter-

22

L. M. MAILLE.

"Manager.

Fire Insurances,

China Fire

b.

H. K. Fires

1.

120 320

Shippin

Douglases

D.

HE. Steamboats D. Lodes (Prei)

27

b.

Indo Def. Loo/Reg. n.

Indo Def. H.K. Reg. u. Shella Ferries

275 270

ե.

31

Highest W.-L. Lowe W. L

Pison of bourganlar.

Pies recocted

193)

W. L. W. L.

Refineries:

Fert

recorded Feet

Wuchow, Kongmoon,

West River

+79,50

-2.42

July 01 July 10 | Sugats

Feet Fert Malabon 35.70

я.

197

R.

55

Mining.

+14.70

-0.80

7.00 7.30

Linkonghow, North

+ 57.00

12.50

Kailans

80-

+27,25

-5.00 11.90

Sheklang.

East

+15.15

-0.98

6.13

12.30 5.25

Langkats

Shanghai Loans

11

5'bai Explorations}

Raubs

$1

Tronohs

b.

24/-

TIDE TABLE.

Ural Caspialis

21/3

447 p.m. ab a. m. 2 p.

Docks, Wharves, lodowns, & .

MITSUBISHI SHOJI KAISHA, LTD,

IMITSUBISHI TRADING 82. LTOJ COAL, GENERAL IMPORTS AND

EXPORTS

SOLE PROPRIETORS OF COAL MINES OF TALASHIMA OCHI MUTABE, KISMIDALE YOSHINOTANT, HOJO, KAMALUTA. SATD EWINNEN, KANADA, KAMITAMADA, HBA

ENOTUBARL

Agvpls for SAKITO COAL

HEAD OFFICE. TOKYO. BRANCHES AND REPRESENTA- TIVES: NAGAMAKI, “ KARATSU, WAKAMATSU, MOJI, KERE, KOBE, DSAKA, TSURUGA, NAGOYA. 606 YOKOHAMA, TOKYO, HAKODATI, MURORAN, OTARU, VLADIVOS, TOCE, PEKING, TIENTSIN, DAIBES. TSINGTAO, TSINANFU, HANKOW, SHANGHAL, HONGŻONG, CANTON, 111 MANILA, BINGAPORE, 8OERABAYA, LONDON, PARIS, NEW YORK & SEATTLE.

Codes Al, A.B.C. 5TH ED., Western Union and Bentley,

AGENCY FOR THE MITSUBISHI MARINE AND FIRE INSURANCE, . Co.

THE OSAKA MARINE & FIRE INSURANCE CO.

For Particulars Apply to

S. KOMURA, Manager.

No 14. Pedder Street Hongkong.

Uable Address :—"IWASAKISAL.”

H.K. Where

п.

96

85

Fi 86

WEEK DAYS.

K. Dock's

A.

209

Miscellaneous.

73

95 61

the inventory was made.

of

pare rich blood necessary to feed Wind Direction

Wind Force the nerves. EN ON BANK OF CANTON

You should write to-day for Weather. Shangbai, July 5, book, The Nerves and Their Rain..... Rumours were current yester. Needs," and read the chapter on dis that a number of Chinese neurasthenia. Many people tave and foreign banke had invested written," This describes my case in the exactly: I am trying the treat- Mocky

very heavily Be Industrielle de Chine ment and being benefited:** and result of the closing copy will be sent free if you that institution, thes address a post card to Dr. Wil thrown into financial liams' Medicine Co., 96 Szecbuen

A

which evidently

comes from for nervous, neurasthenic people.

exchange shop sources.

Most dealers sell them, or direct

trowie. Practically every bank Road, Shanghai.

in Shangbal which issues notes Dr. Williams pills are a true PASSENGERS DEPARTED. PL 135 57 herveen iocluded in the rumour, nerve tonic particularly suitable

As a result of the rumours, and post free at $1.50 per bottle, V. C. Davis, Mr. Melonic, Mr. W. there was a little excitement at $8 for 6 bottles, from the above M. Dempseer, Mr. V. H. Soper,

Tani Mr. & Mrs. C. D. Silas. several of the banks yesterday' address.

11 3m 2.9

m morning; s afternoon

1,00

. In 2.50 6.

$$.00 ..

** 8.10 p.m.

NIGHT CARS.

8.50 p.m. - 3.09_p.ar. 1.20 p.m.

19 min

1.30 pm to 11.30 p.m. every 30 mikser

- SATURDAYS.

EITRA CAR 12.00 midnigDA

SUNDAYS.

4.U. to 10.30 4. Jam to 11.00, mm. 113 12.00 and 11.00 nova to 1.00 p.m.

1.20 p.. to 530 g.

5.30 p.m. so 0:00

6.00 pm to 1.30pm.

SPECIAL CARS.

BY KINKYTI AT TES VIM ANT'S OFFIC

McLabai & JILDINGS.

LD

11th to 17th July, 1921.

7.86 m. 4. 50 5.00 s. m

very 15 m

S'hai Dock.

to 7.30.

12 m.3

E.

E. 3.8.E.

to 10.00

15 ma

N. Engineerge

b. b.

143

12

3

1

2

10 12.30, p.

15 min

10

Lands, Hotels & Bunding -

Cementa China Light old

-1612

the

10.9J

C op

C

13 mla

0.00 0.00 0.24

air

Centrals

t

143

Air

open Highest

Temperature on the 10th 86

open Lowest

11th 77 Mon, 11 m 2 22 Temperature on the

1 56 55 T. F. CLAXTON, Director,

The 13 m 3 2 5.0 3 13 49 H. K. Observatory, July 11.

Wed. 134 17 31

Thuz.14 m 35 11

High Water;

*191*T!

Low Water

Bongbong

Faight.

H.K. Hotel

D

210

Do. Light now b. Chins Providente b. Dairy Farms ·

10.8

12.10

1.

26

H.K. Lands

[.

201

Electrics ELK.

n

2312

H'phreys Est

7.

11

k. 1.

4.8

m 7 16

3.0

Kloon Lands

D.

36

815a 1.8 #463.1

L. Reclamations b

122

West Points...

b

60

9 18 2.3

m 1 43 29

7.30 0.37.

So if

Cotton Mills.

19 10:

2.9

12 FIN

0 fa 2

15 rib

Сков

b.

19 Ja

19 MIA

Kung Yiks

1.9

19 Ma

33 min

Lau Kung Mows

Electrics Macao D. Hongkong Ropes. b. b. Hk. Tramways

t Peak Trams, old

Do. new b. Steam Laundries n. 234 Steel Foundries

Water-boat Watsons

b.

D. b.

7.90

7 24a

11 57a

3.0

1.33 p. 6.10 p.m.

10 m

Orients is

3st. 16

6 38

↑ 59% 1.5

Per B.S. DILWARA:Mr. J.

8 27

NIGHT CARS.

S'hai Cottons

b.

Suo. 17

7 17

037 3.1

1

A Week Days.

9 10 4.0

Yangtazepoos

174 Wm. Powells 155 Wisemens

Hongkong, July 11, 1921.

Printed and Published for the Proprietor, by Alfred Morsey st

11, Ice House Street, in the City of Victoria Hongkong

ལྷཉྙཀྐག པམིཙྪོབྲཱབྷུནྡསྶ

104

Previous

Day

on date.

on date.

an inventory. It was stated that pills have proved a successful in Barometer ......29.82 29.80 29.80 there were $157.928 in circulation, cases of neurasthenta and ner-Temperature... at $568,000 in deposits at the rous debility, for they supply the Hamidity

Samsbui.

PEAK TRAMWAYS CO., LTD.

TIME TABLE.

ین

12