Page
BANKS
THE CHARTERED BANK OF INDIA THE CHARTERED BANK OF IN
INDORPORATED BY ROTAL CHARTER, 1849,
HEAD OFFION-LONDON. -
PAID UP CAPITAL
BREVE FUND.
BANKS
THE HONGKONG DAILY PRESS, MONDAY, SEPTEMBER 28cq, 1908.
HANKING CORPORATION.
AND SHANGHAI
......
PAID UP CAPITAL RESERVE FUNDS
STEELING
£1,200,000 £1,525,000
21,500,000 at 2/$15,000,000 SILVER... *** $14,000,000
RESERVE LIABILITIES OF PROPRIE-
$15,000,000
$29,000,000
a
SHARE REPORT
TOBE...........£1,200,000 Rossava LIABILITY OF PROP'TORS$15,000,000 on this for three days' sight Private Bill being
INTEREST allowed on Current Account at the rate of 2 por. cent per annum on the "Daily balances.
On Fixed Deposits for 12 months 4 per cent
for 16 for
B2
JOHN ARMSTRONG,:
Hongkong, 14th May, 1908.
THES
Manager.
118
HE MERCANTILE BANK OF
INDIA, LIMITED.
AUTHORISED CAPITAL....
BUBSCRIBED
PAID-UP
RESERVE FUND
BANKERS:
.. £1,500,000
1,125,000 562,000 210,000
EONDON JOINT 8TOGE BANK, LIMITED.
-INTEREST allowed on Current Accounts
the rate of 2 per cent, per annum on
Daily balance.
ON FIXED Esrosite :
For 12 months
.For 6
+
For 8 15
-4 per cent;-- Si por cent
24 par cent, EVAN ORMISTON. Manager.
Hongkong, 23rd April, 1908.
-THE
TOKOHAMA SPECIE BANK
YOKO LIMITED.
CAPITAL PAID-UP.... Ten 24,000,000 15,160,000 RESERVE FUNDO.
HEAD OFFICE - YOKOHAMA
BEANQUES AND AGENCIES,
Kobe
London
Озак Lyons
San Francisco Honolulu
Shanghai y Hankow
Tokyo
Nagasaki
Now York
Bombay
Chefoo
Tientsin
Newahwang
Dalny
Autung
Lioyang
Tieling
Chang Chun
Peking
COURT OF DIRZOTORS.
E. SHELLIM, Esq.,-Chairman. Hon, Mr. W. J. GRESSON-Deputy Chairman E. G. Barrett, Esq. W. Helms, Esq. C.G.R. Brodersen, Esq. G. Friesland, Esq. CS. Gubbay, Esq.
C. B. Leaman, Esq. R. Shewan, Esq. Hon. Mr.H.A.W. Bimde H. E. Tomkins, Esq.
CHIEF MANAGNI Hongkong. R. M. Sиrra
MANAGER! Shanghai-W. ADAXḤ OKAM. LONDON BANKIRE-LONDON AND COUNT
BANKING COMPANY, LIMITED.
HONGKONG-INTEREST, ALLOWED. On Current Account at the rate of Two per cant par Annum on the daily balanos.
ON FITHE DEPOSITA, For 3 months, 24 per cent. per Annum, For 6 months, 3 per cent, per Annum. For 12 months, 4 per eout, per Anuum
J. R. M. SMITH,
Chief Manager. 20 gkong, 22nd August, 1908 HONGKONG SAVINGS BANK-
THE Business of the above Bank is sendusted by the HONGKONG AND SHANGHAI BANKING CORPORA TION. Rules may be obtained on application INTEREST on deposits is allowed at Si Per Cent. per annum.
Depositors may transfer at their option balanced $100 or more to the HONGEONG ARI SHANGHAI BANK to be placed on FIXEI DEPOSIT at 4 Fer Cent. per annum.
Port Arthur N
Mukden
HONGKONG-INTEREST ALLOWED."
On Carrant Account at the rate of 2 per cent per annum on the daily balance.
On fixed deposita for 12 months 57 per sunum
6 1
D
10
3
..50
**
VA
TAKEO TAKA MICHI” Manager.
Hongkong, 18th September, 1908,
524
NEDERLANDSCHEHANDEL
MAATSCHAPPIJ,
(NETHERLANDS TRADING BOOT).
ESTALLISHED 1824.
PAID UP CAPITAL FL 15,000,000 (£3,750,000) RESERVE FUND FL 5,752,8894.84-
(about £479,407
HEAD-OFFIC AMSTERDAM, HEAD-AGENOŸ” `BATAVIA Branches Singapore, Penang, Shanghai, Rangoon, Samarang, Sourabaya, Cheriton, Tegal, Peanlonga, Pascerveau, Tjilatjap. -Padang, Modau Doli), Palembang, Hota
Radja, (Acheen) Bandjermasin.
Correspondents Kt Macaseer, Bombay. Colombo, Madras, Pondicherry, Caloutta Bangkok, Saigon, Haiphong, Hanoi, Amoy, Yokohama, Kobe, Melbourne, Sydney, New York, San Francisco, &c., 5.
LONDON BANKERS THE UNION OF LONDON AND SMITHS BANK LIMITED.
The Bauk buje and sölle and receives for collection Bills of Exchange, issues letters of credit on its Branose and Correspondanta in the East, on the Continent, and in Great Britain, Ameri end Australia, and transsote Banking Basiness of every desoription.
INTEREST ALLOWED.
balances.
For the Hongkong and BraNGHA,
BANKING CORPORATION, JR. SMITH,
Chief Manager Hongkong, 121) January 1907.
TEDERLANDSCH-INDISCHI
HANDELSBANK `(NETHERLANDS, INDIA COMMERoial Ban} )
ESTABLISHED 1863. Authorised Capital Fl. 15,000,000 (£1,250,000; Subscribed-Capital F1. 10,000,000 (Pai Rp! Reserva Fand -Ft 2,200,617.37 (£183,376)
HEAD OFFIOR: AMSTERDAM.. SUD-OFFICE THE HAGUE." HEAD AGENCY BATAVIA. BRANCHES at Singapore, Sourabaya Samarang, Indesimaja, Bandoeng n Weltevreden,
BANES SHARES Small lots of Hongkong and Shanghai sold at 8767 and 8779, the market closing fairly steady at the higher rate; the London quotation is £90. Nationals are unchanged
MARINE INSURANCE SHARES-Uniors have improved considerably, selling at $770, $780, $790 and $795, and closing with buyers at latter rate. A few Cantone sold at $310. In other stooks nader this honding there is no change to report:
FIRE INSURANCE SHAREE-Without any reported sales and unchanged,
has, according to Mr. Cumming's report been marked. The woven goods produced in Bengal mille have shown an increase from 6.8 millión yards in 1806-07 to 7,0 million yarde in 1907-08, It in as well then that the Swadeshi movement should abandon its political character and confine its influence to the promotion of indigenous Industry, Here it can do good,
Messrs. Erich Georg & Co. say in their weekly share list dated Hongkong 26th Sept. 1903 Business has been much quieter during the week under review, and but few stocks have been dealt in; the tone of the market, however, is arm for a good maoy stooks. The sterling demand rate of exchange on London closes at In dealing with the spacio articles of import 1 93/16d, while rates on Shanghai are Tie. Mr. Cotton has some interesting observations to 751 for a Bank 1/T, and Tls. 758 for a three was He notes that the evorges import of days' sight Private Draft, the rate in Shanghai fresh fruit is comparatively small, and confiaed Ths. 75. Barsilver in London is quoted and apples from South Australia, but until cold to mangosteens and pins apples from the Straits 23-13/163, and Consols £85-15/16. The Bank storage on a large scale is established at the of England rate of discount remains at 2 por larger parts the trade is unfortunately not capable cent, while ther private rate of discount is of any grest expansion. He points out that the per cent.
Mad world's sugar trade unring the twelve months under review was, on the whole, aderentful, and distinguished by the absence of any great luctus. lions of priest, There were, however, several disquieting features which deserve record. The year opened with a limited demand for sugar in the United Kingdom owing to the conviction of refinars that the import duties upon the article. would be abolished er reduced, but pricus bogan to improve when the appearance of the Budget negatived these fears, and it becameerident that the world's consumption was going to exebed expectations and the but slightly increased sowings of beat on the Continent were not suficieat to provide for all the requirements of the campaiga. At the ad of April the prize. for first products be: 88 per cent, analysis fo. b. Hamburg bad stiffeded to 9.5, and in May the rate bad farther advanced to 10, 241 owing to unfavourable season reports from all. the best growing countries of the Coutineat except Austria Bad the prospects of shortage of supplies for rollpers in the United States of Amerios and this market stability was mala- tained until the end of September. In October-November a spell of weather favour. able to the Continental best crop brought pricas down again to 9. 211, but from this point there was a partial recovery ny it became clearer that the best production of the Cantin eat would be some 20,0 0, tons less than that of the previous campaige, and the year 1907 closed with boat at a. 18, per cwt. Tas now tariff opportanoly attracted to Canada large quantities of sugar which the markets of the United Kinglow and the United States were acable to absorb owing to DOCKS, WHARVES, GODOWNS, &c-Hong- the deacolat crisis. Meanwhile it had been kong and Whampoa Decks are for sale at $95.agreed by the parties to the Brussels Go. Fenwick, as well as New Amey Docks, Convention that His Majesty's Government are unobanged Shanghai Dooks, after advare should be exempted with offset from Septem. ing in the North to Tis. 86, are quist at that ber 1st, 1908, from the obligation to enforce Hourkong and Kowloon Wharres the penal clauses against the imports of beasty changed hands at $49. Shongbai and Hongkow fad sugar, a zequest which had at one time Wharves sold locally at Tis. 160; in the North created apprehensions that the Convention shares sold at rates ranging between Tl. 157 would not be renewed, while the adhesion of and Tis. 165, closing with sellers at Tiæ. 162). Enssis was secured on terms which are generally LANDS, HOTELS AND BUILDINGS-Boug. regarded as sati-factory, her exports batwas kong Lands are quiet at 894, and Kowloon lands Septembar, It, 1997, and Septembar, ist, 1969, have sellers at $27. West Points have been done being limited by protos 1 to 300,000 tons, and nt Sif, while Hongkong Hotels are negloated to 200,000-bens thereafter, subject to a maximum at $77. Humphreys Estate shares Fold at $9, of 1,000,000 tons during the currency of the a considerable drop on last sale, Shanghai Act of 1902 and Additional Act of 1907. Lands are unchanged,
HIP. ING SHARES,Hongkong, Canton and Macao Stearaboat Shares changed hands at $28 $281 and $99, closing with sellers at the latter rate, and buyers at $283. Tado-Chinas are nominal at $55 5(pref, and deferred combined); Shanghai gustes sellers at The 413, while the London quotations are £3. 17. 6d. for proforence shares and £2.5.0 for deferred shares. China and Manilas have sellers at $16, Douglases are quoted at $34 sailors, or the dividend of $21 per share paid on 21st instant, Star Ferrien B-quiet for old shares with probabla allors at $244, while the new issue can be placed at $15, Shell Transports ein bi-pinced at 458, the London rate is 45%, 61. Union Waterboats have sellors at $104.
REFINERIES Objas Sugas have sellers at $125; a private sale is rumoured at a rate much below this figure. Luzons are weak at $22.
MINING SHARES-Charbonnages have buyers at $580. Raube are offering at $71; Chinees Engineering and Mining Company shares are firm at Tl. 16.
rale..
COTTON MILLE-Ewas have improved to Tls. 64, while Internationala have farther declined to Tls 60 sellers. Other Shanghai Mills, as well as Hongkong Cotions ars unchanged.
In cane engar there was an increase of 56, 1 per cant. in quantity and 65.3 par oint, in value. Ir best sugar there was a doresse of 79. 1 per cent in quantity and 77.3 per cent, a total value. The inparts from Java- SUNDRY MANDYACTORING COMPANIES of refuel sugar were more than double the Hongkong Electrica have changed owners at record (quantity received in 1904.07, and 818 and $12, and can be placed at the higher from this source, eams 62.7 per out of the figure. Gas shares have buyers at $185. Bells entire arrivale, much of which would have in the Asbestos shares are wanted at $8 Dairy Farmecrdinary course been earmarked for consumption Green Island in the United States of America Mauritius
CORRESPONDENTS at: Cheribon, Tega
Fecalongan, Macassar, Pontianak, Padanoid Bud have buyers at $20. Calcutia Medan, Pasang, Engoon, Bombay, Madras, Colombo, Karachi, Djedda, Bangkok, Saigon, Shanghai
BANKERS: THE WILLIAMS Deacons Bank, Swiss BankvVBEBIN,
London Paris COMPTOIR NATIONAL D'ESCOMPTA DE
PARIS Berlin: DEUTSCHE BANK, Brule: BANQUE DE PARIS ET DES FASS BAS. Vienas: Union Bane. Rome: BANCA COMMERCIALE ITALIANA..
THE BANK buy and sells and receives for collection Bills of Exchange, innen Letters of Credit payable in all important places of ta: World and transacts every dezoription o Banking and Exeliange buziness,
AN INTEREST ÁLLOWED..
On Current Account at the Rate of 2% P ordinary ancual meeting was held on 24th ivet, sanam on the Daily Balanoes..
On Fixed Despoist: 12 months 4% per annum
do. 34% do, du. 3 do. 3% C. WOLDRINGH Manager,
tu. do.
Cament-shares have again been doe in fair counted for 27.4 per cent, as compared with quantities at $10, but more shares are obtainable, 24.6 per cent in the previous year. The ship- Other stocks under this Loading are ungebanged meats from the Straits consisted almost entirely and without any reported transactions.-
of no nulations of China sugar. Too fall i MISCELLANEQUe. Chine Providents sold the imports of beat was to a large extent ac and have further enquiriam at 39. Langbats counted for by the shortage of orops in Germiny have improved in the forth bayers and Austria-Hungary, particularly the former, at Th. 630; Watsin's can be placed at whose hare declined from 21.7 to 02 per cent 89) Other stocks noder this heading are of the total. Austria Hangary imported nearly nuchanged and คง sales bate baen
a million owls. less than in 1906-07, and her reported. By request, we have reinserted in share fell from 17.53 to 7.2 per cost, our share list, the Robinson Piano Company, In the hardware and cutlery trade the Limited," a Company, formed in 1900, with a share of the United Kingdom, taken as a capital of $200,000, in 4,000 shares of $50 each, whole, declined from 65.9 per cent, lo 628 fully paid up of which howevar, up to 30th per cent though it showed an increase in value September, 197, only 3,000 shares had been of H. 2397 lakhs (4159,800). The share of issued. Quite recently the Company sold the Germany increased by fte. 15.83 lakhs 105,500) greater part of the unissued suaren at rates up or by 37,8 per cent, and now repracente 184 to 862, and there seems to be a further inquiry per cent, of the total. The imports of Metals for the shares at $59 ex dividend. The 8th represent 102 per out of the total value of imparted mechandins. In 1907-98 the quantity when the report and secounts for the balf year, increased from 547,620. tuns to 648,00 tons, ended 80th September, 1907, were passed. The and the total value rose from Ps. 1.004 lakhs profits for the balf year amounted to $17,945.15, (£8,690,000) to Rs 1,319 Jakba (£6,793,000). of which 36,100.66 have been written off for The quantitative increase amounts to 18:3 per depreciation, bad and donbiful debis, audit fees cont. and the increase in total value and in spe No, 16, Dee Var Road Central $699) and general manager's remunerate that such an adennes should be accompanied cifio value to 31.4 and 11 per cent respectively. Hongkong, 19th August, 1908.
leaving 311,935.49, to which is to be added the amount brought forward from March, 1907 by an increased demand in so large and com ($6,254,97), and exchange adjustment account posite an item of trade is perhaps one of the (1,145,55), making an available total of $10,234.01. most striking indications which the year's This has been dealt with as follow: a divi lend of statistics proside of India's economic develop. 6 per cent. for the half year paid yesterday and ment.-The Englishman absorbing 9.000, the sum of $5,000 carried to rezerve fund, and the Balance of $5.23401 car ried forward to new accout. The balança. sbeat on 30th September. 1907 represented: -Capital paid up $150,000, mortgage on property $10,500 isin oo paid off), property recary » account $3,809, and sundry erelitora $53.697.36. On the other side we find property
valued at $23,810. furniture 310,991.43. Kundry debtors S60.749.13. stock on band 8129,780.54 cash at bankers and in hand "$7,615.06. Tionisin carront accenut $18,803.45, Bangkok current nocount $241,81, enspense scrunt $5,089.04 and exchange ad- justment account, adjusting Singapore and Penang surplus of assets a. uniform dollar rate of 28.87,241.23. In an accompanying viroular, the general manager pointe out that the Company has been paying steadily 12 per vaat, per annum since its formalion.
26}
On Current Accounts 2% per annum on dailyEE BANK OF TAIWAN, LIMITED
(INCORPORATED BY SPECIAL IMPERIAL CHARTER.
On Fixed Deposits 12 months 44% per annum,
do, do
6 do. 4% do.
3 do. 81% do.
J. L. VAN HOUTEN, Agent, Hongkong, 16th July, 1998.
DEUTSCH-ASIATISCHE BANK,
CAPITAL FULLY Pam Up...8h. Taals 7,500,000
EFAN OFFICE-SHANGHAL
BOARD OF DIRECTORS, BERIJE.
BRANCHRS 1
Hankow Tienin, Peking, Tainunfa, Taington, Kobe. Yokohama, Bingapore.
Berlin, Hamburg, Calcatta,
Founded by the following Banks Baukera.;
KORNIGLICH SEEHANDLUNG (PAUSSICH
STAATSBANK) Berlin.
DIRECTION DER DISCONTO-"}
GESELLSCHAFT A
DEUTSCHE BANK
BEELINER HANDELA
S. BLICKROWDER
GRAFITISCIATT
·BANK-LUED Bandak UND
INDUSTRIE
ROBERT WARSCHAUER & CO. MENDELSSOнx & Co.
M.A. von RoTSCHILD &
Волнуе
Burtte
Frankfurt/M
JACOB S.-H. STERN NORDDEUTSCHE BANK IF SAMEUng, Hamburg SAL OPEENHEIN, JE, & Co., Koeln. BATERISCHE HYPOTHEKEN UND WECHENL
BANĂ, MURNOMEN.
LONDON BANKEES; Messrs, N. M. ROTHSCHILD & Box THE UNION OF LONDON AND SMITH'S BANK LIMITED. DEUTSCHE BANK (BERLIN), LONDON AGENOT DIRECTION DES DISCONTO GESELLSŰRPAT.
INTEREST allowed on Current Account, DEPOSITS received on terms which may be learned on application. Every description of Banking and Exchange business. transacted. VA KORIIN,
Manager.
24 Hongkong; 4th December, 1907,
Capital Subscribed (paid ap)......Yen 6,000,000 Reserve Fund
Yen 1,140,000
HEAD OFFICE: TAIPEI, FORMOKA.
BRANCHES AND AGENCIES:
Amoy
Anping
Foochow
Keelung
Swatow
Kobe
Nagasaki
Osaka
Shanghai
Taipan Tamsui Tokio Yokohama
HONGKONG OFFICE:
+
3, DEB VOUX ROAD.
Current Account Interest allowed on Deposite received on terms which may be had on application,
D. TORDOW, Manager. 783 Hongkong, 16th September, 1908.
NTERNATIONAL DANKING
אזן
OBPORATION.
CORPORA
CAPITAL PAID UP... Gold $3,250,000,
BESHEVY FUND
abont Mex. $7,922,222
-Gold $3,250,(KM about Mex, 84.203,022 HEAD OFFIC8: 60 Wall Street, New York, LONDON OFFICE: Threadneedle House, E.C
LONDON BANKERS: BANK OF England. NATIONAL PROVINCIAL BANY OF ENGLAN
LIMITED, THE CAPITAL & COUNTIES BANK, LIMITED
· AGENTS £ll over the World:
The Corporation transacts every descriptige f. Banking and Exchange buliness, reserves money Current Account at the Re of 2% per annum i Daily balance and sourpts Fixed Deposita at the following rates
For 12 months 41 per cont. per ans.. For 6
For
No. 9, Queen's Road, Central, Hongkong
W: M. ANDERSON,
Manager.
Bengkong. 8th April, 1988.
1703
INDIA'S TRADE.
There has just been issued by Mr. C.-W. E. Cotton, IC.S, who is acting far Mr. Noal Paton, a Review of the Trado.of India jo 1907-8, which is of the bighest interest. Ita 78
pages are crammed with statistics, remarks, and conclusions of the greatest, zal One outstanding fextury of the report is that if trade be any criterion the figures herein sat forth give the lie emphatically to the oft roposted amortion that India grows poorer and pobres with each successive YURT DI British ralo. Io imports a quarter of a onbury has seen an advance of 150 per the figures for 1882-83 being Rs. 50,00,30,403 and for 1907-2, Rs. 1,20,85,63,574. Tire figues for 1996-07 were Rs. 108,375.818, the year thus showing an advance o
nce of 21.55 crocus or approximately – 20 per cent. Exports tell tha zamo-stery In 1882 83 they were Re 80,59 81,554; and in 1937-08 Rs. 173,42,12,395," an increase of 115 per cent When we fara to cotton manufactures we flad that these, werb importeil to the amount of Rs. 4001.75,000 during 1906-07, and 48,04,35,000 during 1907-8, an increase of over 17 per cont. Tonso whe relied on the boycott of love" to bring Eng. land to her knees and awaken her conscienes to the supposed iniquity of the administrative dirt sion of Bengal, wust now, it would seem, sbandon that endeavour in despair. On the other hand the fegitimate insenes of the Swadseht movement on indigenous production
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CODE WORD, “DOOR,”
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Extreme Length....
MI
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Width of Entrance en Top
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The COMPANY has the powerful steamer 'OILAHABI (12 toàn "Di LHP pecially built for SALVAGE PURPOSES quipped with avow arg ́gear,, kiwaya candy
hort Notics
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Hongkong, 21st August, 1908.
CONNELL BROS. COMPANY,
Se Importers
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1083
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For Travellers by Sea or Land this complete Food will be found exceedingly valuable.
ALLEN & HANBURYS Ltd., 37, Lombard Street, LONDON.-