RUBBER SHARE VALUES.
An Annual Survey.
COMMERCIAL
Bullion.
THE HONGKONG TELEGRAPH WEDNESDAY DECEMBER 27 1911
Moosra. Samuel Montagu & Messrs. Wright and Hornby Co.'s weekly viroular dated Lon have forwarded us the following don, November 30, statos-that- Rubber Share Investmout Cir-nearly a million sterling of bar cular received from their London gold arrived; in the absence of agents:
any external demand, other than In January last wo issued a cir£97,000 for India, the bulk of the onlar dealing with rubber shares arrivals will be sent into the and their prospects, and wo think Bank of England as it loaves the the present time, when prices have refiners' hands. During tho week fallen to a low level, an-opportune the not influx was £523,000. one for bringing the subjoul matter more up to date.
The points we then made still hold good and will bour repeti- tion. That rubber planting is a flourishing and lasting industry goes without saying. That being "so; it is only natural that it should be a favourite medium for the in- vestment of capital, considering the excellent returns which are
A shiptoont of gold, about $125,000, as heen made from China. This is not believed to be a Banking operation. It is most likely that the Dynasty is taking the precaution of placing portion of its treasure beyond the reach of interference.
The idea in India three weeks ago was that the bears would bo caught short of about £700,000, The total will doubtless prove to be less.
Writing about silvor the circu- lur says that the difference be- tween the speculative value set obtainable after making due on cash silver just now and the allowance for the somewhat parity with India and China the speculative ohar.etor of the true basos of the market is not industry. But during the less then 1.1-2 per cent. This last few months the market shows the ease with which the has been suffering from neglect cash price can fall the moment and a variety of advoras in that the force of the speculative] fluences, not necessarily having demand abates, any direct connection with the industry itself, with the result that prices have fallen heavily, In our opinion, in many bases attractive they now stand at
A roduction of 1-4 of a cross is loveis, in the case of Gold mines, the more guld won the reported in the total of silver insca the value of the property is rupes hell in the Indian Troa- depleted, but not so with rub-sury Reserve; the holding of gold ber. The older a tree bocoines and gold socurities is just about
double that held a year ago. the more rabber it produces- that is, given capable managemen and normal conditions. This is an important factor to be kept inmind, as the toadily in- creasing value of the property, apart altogether Irbin Tres Broas coming into bearing, nots na a set-off to any decline which may take place in the price of the raw material. Tuo price of the
The total stock in Shanghai.was telegraphed on November 20, us 283.1-2 laes of taels, that is 31,1-2 lacs or about £390,000 less than.. on November 7.
and forward
Mosars, Mosattaand Goldsmid's weekly circular dated London, December, i, stutos that, the difference between the quota- tion for spot silver, which has of late been of unusual interest, his fluctuated material fias fail considerably, varying between considerably from the high-rator 3d. and 1.81.,por U2., but the mark reached in 1910, andis now inclination has boon for it to nar-
raw
SHARE R PORT.
*ELLERE
National Bankru
MARINE" INSURANCES, Cantons North Chins
Unions
Yauginos
Hongkong Fis
SHIPPING
China & Ma Chingles Swall Et simbunta"
In-China
BEAUTERS
Interu diridend of £2 por share at oxchange 1794 22.32 for 1 year sad- ing 30th Jans 1911 In Liquidation
$16 for 1910." inierian of 10/- for 1910 Final of $20) making. $50! hi-1949-ad-Luterim JI $30 for 1910 ・・ $12 for 1909 mud lot, of
$3 on account of 1910 [ #ban! $2 for 19:19
$27 for 1969. $1 for 1906
•2
Exchange
Banks
Banks
BANKING CORPORATION DEUTSCH ASIATISCHE
BANKA
Selling
HONG
[ONGKONG AND SHANGHA
T/T... Demand. 80. dja .... 60 dia.
1/10+
1/10.5/18 | PAID-UP CAPITAL austronn
1/10
FUNDSY
$1,000,000
7/10
CAPITAL
FULLY
T/T. Shanghai...
satt::mm-
T/T. Slugsporsukan
741⁄2 RESERVE LIABILITY OF PRO 1.701
TE.Japan....óg....iii 90- T/T. IndisÞìPATOUSER Dayand India.superior
1986
188
+
PRIETORS
COURT OF DIRECTORE
13. H. Medhurst, Esq.,Chairma
E. Shallim, Esqé-Diputy Chairman,
..Armstrong Esq.
T/T. San Francisco and New York 45
W. L. Tallenden T.T. Jara ·40749
111
Andrew Forbes, Beg, 189. Friesland, Bag. 2.84 G. R. Laurens, Esq.
TT. France
Baying.
143, 1./0.
1/101 1/10
1/101
6 top. L/C,.
3^ ¿/s. Sydney à Mé boarne .............if11 83 da, Sn. For New York...457 m/s Marku.................. 104
Stock Tai or VALUR.
HANKS.
CLONING
Hongkong & Shai' $125
11882.
480"
$10
$50 $188 T145
$1008825.
£50
́“FIRE” INSUHANCES, China Fires
$20
212)
128-b
$50 $852 Bn.
$20-$10 #50.. $21
-$15
327 b.
(J'ro'orod)
£5
801 B.
(Palaried,
2.80 ...........2.41 ..25 1/10 ...25 8/10 4% $10.70
"Si el "Transports
,13 9/6 pm chire Cou
11 b.
pos No. 16 for 1910.
$10
$27
Div. 7. p. x. } for year und.
$5
$17 b.
Boat 5 p. of Ing 30.4.11
EAK TRAMWAYS 00.
LIMITED.
REFINERIES.
$100 $100
$100 b..
$10 for 1910
$80 8.
$3 for 1897
61T14
Interim of 1 on wooant'
for your ending 34.2.11 (Coupon No. 16)
£159/6
CL BO. DOWN
50
$54. $45
T.67 T.89
F
* Star Party"
Chion Szam Luton Sugars
KINING
Chiuse Eu,inco inge
Tronos Raubs DOCKS, WHAHVE, & Kowloon Whatis s HK. & Who Poke $50 Shanghai loks
T. 100. Hongkow Waaris T. 100
LANDS, HOTELS & BULDINGS,
Anglo French Lands T.100
Hongkong Hotele
$100 {
T.94 b. 8119
$75 $100 $100 b.
$10 $61 b.
$30
$80
T. 80
7.93
850 $18 b
Ungkong Lands. Ramphreys Estates -Kowloon Lands Shanghai Leade
West Polits
Maila 'polo Hotel P.10
COTION MILLS, ', Ewas
- T. 50 Bungkong Cottons. $10
MISCELLANEOUS.
China-Borneo
Light and Powo CH
•D. (giờ
China Provi-lata i
Dairy Farms Groen Islands
P. 03.
1.90
$4.75 5.
$12 #10
101
e ) Bi) 51.10
$10 SHI
$20% 8. $8.50
$6
$10
Hongkong 'etrics
Hongkong I es
$10 $21
$25 $10 $18
210
İrangkata
8. 10
T.67 b.
Morning Post Peak Tramway
$26
$10
$11.50 b.
Da. (now) Philip loài
$1
$1.10
$10
$5 b.
12b.
row, supplios being more plen-Hongkong R-pe about the lovel which was gone-tiful and the "Bear" covering
· rally anticipated by experts. I order being loss prossing. For may still' experience temporary ward buying orders too from advances from time to time, but China have helped to diminish
the prosont,
་
باه
B. Price. Co., Ld. $10.
Suciste des Profeṛrad $50)
Palpaset paid up $60 $50
Paplarteries
da Tonkin
Badeft $400 Shanghai-Samstras T. 20 T102 Steam Laundry .$5
United Amberton Orisa $10-$19
isl Agency, L............]
Valted Asbestos $10 $300
Union Waterboat
-Founders Bhares ...)
810
$7.50
Waismann, Ltd. Watwin Will Powell
$10
$10
$15 b. $44. & b."
<D p.a. for fearent's * 6:11 Dividend of $1 tranů) your ending 308*11}
6 m/s.do.
·8% Opal in skilz 1% for
Bar Silver, ready 1908 6% for 1905
forward on preferred chirog
Bank of England rye A por shares Congo. No Ravera en
1h. 2d, për share on 150,000
$8 for year ending 31.12.10 $1'interim, dividend for }} Foar to 30th Jun-1911) Tk. 2% for 19 10 Final of The Uị 1920
Tis, 6 29.2:10
$3 on old shares, $1.50
on must do for half your 3110519-
Interior fivant $34 for
45 f 1810 $24 for 12
TIME-TABLE.
WEEK DAYS. · ·
0.9. Gubbay,
I. Lisk, Br.
Hon. Mr.D.H. B
́HA. Siebe, Esq.
Casey ManagMMI Hongking-N. J. BTAKĘ. MANAGER!
Fahr
Shanghai---H. E. R. HUTZIR. LONDON BANK-Loxdor Courer
·AND WARDENERTma Banx LaurzO,
Hongkong-Larenar kataweD..
On Currani Aosonaia si the rate of 2 por Oms. THE "AMIZIN ÇOS Abs daily halaMON,
ON FIXED DEPOSITS) For # mosiile, 254 per Quot, per Änşum, For: 8 months, Bjj pie Øent, ppt, Anaam: . For 12 months, 4 par Gent, par Annum,
N. J. STABE, Chief Manngor.
BONGKONG BAVINGS BANK. --
THE Businses of the whore Bank is
conducted by the HONGKONG
AND BHANGHAT BANKING
PAID-UP.Sh. Taela 7,500,000 HEAD OFFIoRanghai,
BOARD or DinECTORS—BELIN,
gerlin Hamburg
Peking
BRANQUES:
Calcutta
Hapkow
Slag pore
Canton
Kobe
Tientsin
Tsinnulags Tsingtan Tokohama LONDON BANKERS Messrs. N. M. RoruscHILD & Boxs. Tax UNION or LONDON AND SMITA'»/.
BANK LIMITAD, — REMAJA DRUTION BANK (BERLIN). LONDOK
AGSHOT...
DILUTION DER, Disconto GuonLL- SCHAFT.
INTEREST allowed on Current Account, DEPOSITS received on torma which any be learned on application. Every description of Banking and Exchange basinass transacted.
R. TIMMERSCHEIDT.
Manager.
Hongking, 9th Oct., 1911.
CORPORATION. Balos may be obtained THE MERCANTLE BANK OF
Pax Cart. per antim
Son deposite is allowed
INDIA, LIMITED.
b
1.10 3.001.m. Every 15 min.
Depositor may iransfer at the pilon Authorised Ospital........£1,500,000 8.1 m, 19.0 ̈àm 10 mia.anced of $100 or more to the Haxoroso | Subscribed
10 10.0%
11,90 km., 15 min; AND SHANGHAI BANK to be placed on Paid Up 11.30 vm tr12.15 p.m. 15 min. FIXED DEPOSIT at 4 Pan Oxar per
10 mio. 243 pm 15 p.m.
For the Hongkong and SHANGHAI -15 min.
BANKING CORPORAZION,
15 pm
1.45 p.m. 165 m. t 2.15 p.m. 2.15 pm to 5.00 p.m. 75.00 pm to 8,10 p.m.
H..
21
N.J. STABB, Chief Manager.
Rear Fund..............................
10, Threadoodle Street, London, E.O.
1,125,000
562,000
825,000
HEAD OFFICE:.
11
10 min.
Pf
BRANCHES:
15 mia.
10 min.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CUINA.
Bombay,
· Gallei ...
Caloults.
Singap
Howrah
Penang.
Tadras.
Kota Bahru, Kelantan.
Karachi.
Kuala Lumpur, F.M.S.
Bangoon.
Hongkong.
Colombo.
Shanghai.
Kandy.
NIGHT CARS. 4.4 p.m. ani p.b., 9.45.p.m. to 11.30 p.m. every 15 minutes. SUNDAYS.
11-
3.00 mm 10 10.80 a.m. every 10 min. 10:30 am to 11.00a.m... .10 min. 191111.15 a.m. to 12.00 noon
15 min.
5% for half year to 30-6:11.
•
Interim Bet $2 for 1911
13 per een for 1910 T4 fargen led 81·10-10) T7 for yod 20•12•10}* Ba druts 11:08
$1 for 1910
80 rents for 1910 $1.25Tng yose -n "¿ 31·7·1). Interim of 15
12.99 populo 1.00.p.m.
1.10 p.m. la 6.00 p.m.
5.11 p.m. to 6.00 p.m.
}}
10 min,
15 min
10 min.
6, p.m. to 7,00 p.m., 15 min. 7.00 p.m. to 8.10 p.m. 10 min. NIGHT OARS as on Week Days. SATURDAYS.
!
Extra Qara at 11.45 p.m. SPECIAL CARS. Arrangement at the Company' Qilor. Alexandra Buildings, Don Voeux Road JOHN D. HUMPHREYS SON,
General Managem," " Hongkong, 3rd Nov., 1911.
por
THE
Altre 10: $1.20 par they and b'a y
of 10 centa
$2 intkrim for hslf year) ́ended 30th Jane 19.11 $1 interim-socopat 1911.
Special bonus T,2 12-1-11 Interira dir. T.14 15·8·13« |Interim div. T.14 15·8·11 Interim dir. T.1f 15-9-11 None
80 cents on fully paid)
chutes and 8 cents on #1 paid shares for your i ending 30-4-11 Noge
$1.50 for. 1910
First year
No.dividend this year 50 cts, former salg 80 5·1
|
15 par dent. per ordinary share for year ends! 815-1911
per oant, for year end- ing 81-12-1910
10 por cent. for year end-
ing 81-7-10
80 cents for 1910
Comegled to ip. December 19 by WRIGHT AND HORNBY, Share &
Taral Brokers, Quasa's Building, Tel, address: Reclitude.
the difference, the Shanghai Ex- that it will ultimately come down change being nearer in touch to a level which will give only a with silver than it has been for fair basis of profit is generally some time. The general outlook expected. There is, however, of, the market still remains every reason to anticipate a very uncertain, inasmuch, as the basis on which the largs Bull minimum price of about 38. per speculators have built their hopou, lb. for, at any rate, some years to comins obscure, and the question come, because ut that point the as to what is to becoms of the of Brazilian go stocks held by them is collectión
the product would bursly pay, and always before us. For the moment, however, the market sseins steady, other sources of wild supply and if Uhinu continges to buy would also fall out, leaving Plan-silver moderately, no decided tation Brawls practically atono in-change nood be looked for the field: Aud it will be a con- | siderable time bafure the output of Plantation tubber is oqual to
On November 20, the members the world's demand, which is of the special "Protest" League, steadily increasing, anu which formed to protest against the so- must receive a great impetus in called "Sorvant: Tax in the Insuranco Bill, held a great the event of the price failing to meeting in the Royal Albert Hall, that level. Shares may be divid- London, when 12,000 mistresses
into three groups, viz, :—
and servants packed the building and fully 10,000 more were un st. Those of the older-estub able to get in. Such an assembly lished companies which are now lind never before been seen. Al- paying handsome dividende and beit somewhat uproarious, the moeting was very enthusiastic, which as a conséqueace stand ut
and the resolutions of protesi very high premiums,
were carried almost unanimously. The servant girls seized every point, and interjected many ap posite remarks, as the speakers proceeded. It was evident that ley relished one speaker's refer-- ence to the appointment of the 3rd-Those of companies Chairman of the Commissioners which have just started producing under the Bill-a measure which
lie declared would be more ap- THREE PATENT SLIPWAYS, or will not be producing for apropriately described as a Bill to sklag vessels up to 3,000 tons year or two and stand at or near relieve the Government of Sir displacement, providing conditions for Robert Morant (who has been inting ships with most efficient.resals Permanent Secretary to the Board 100-Tox ELECTRIC OR ANE OH JDAY—— of Education since 1003). That ELECTRIC OVERHEAD CRANES THROUGHOUT gentlemen, he added, had brokon e gore, Ranging up to 100 Towe threo Ministers of Education Estasies giran for Decking, Depalme to Hull and Machinery, Mr. Birrell, Mr. McKenna, and stracilozzi Workp
2nd. Those of companies which have but recently entered the producing stage and are at comparatively low premiums.
par
The first group has been, and continues to be, to loading favourite among investors, but we
* The Telegrapha" does not hold itself vespenstats for any of the abɔ̃re' quotations
BRASS
CHINA PROVIDENT LOAN AND MORTGAGE
00., LD.
(ĊAPITAL PAID OF...$1,250,000.) ̧
Loans on Mortgage of House Property
&a.
Gooda received on Storage. Advances made on Merchandise. Loans made on the Provident System. (Rates and Particulars on application). THE OFFICE OF TRUSTEE, EXECUTOR OF WILLS, ATTORNEY, &c.,
Underiakon and Executed.
SHEWAN, TOMRB & Co. General Manager,
Honzkang, 190 Bach, 1908.
SUN GLASSES.
Any tint made to any prescription. No charge for testing sight. epairs of all dueeription, mila hj- compateat workmen.
{scomputated my ROTAL CHARTER 1858..
HEAD OFFICE:~LONDON.J "AID-UP CAPITAŭ .........................£1,200,000, CRAEAVE FOND,..........................1,625,000.
·kdener LiabILITIES OF
PROPRIETORS £1,200,000
NEREST ALLOWED en OUR- RENT ACCOUNT at the Rate (2 per cent, per annum on the Daily
alance.
On Fixed Deposita for 12 months, 4 per cent.
+
On Fixed Deposits for 3 months,
8% per cont TO Fixed Deposits for 8 months,
2 per cent,
WM. DICKSON, Manager. Dongkong, Lat May, 1911.
THE
11
"AGENTS IN JAPAN :
Messrs. Jantino, Matheson & Co., Ltd,
"BANKERS 1
Bank of England.
London Joint Stock Bank, Ltd.
VERY description of Banking and
Exchange business transnoted. Stocks and Shares bought and sold on account of Constituents. Lettem of Crodit granted on Agents and Corres pondents all over the world.
Intorost allowed on Current Áo- counts at 2 per cont per annum on Daily Balances and on Fixed Deposita.
under
For 8 months 2 per cent per annum.
. &
[2%
» 12 **.
VOKOHAMA SPECIE BANK, LIMITED. Established 1880. -AUTHORISED ČAPiral Yen 48,000,000 PAID-OF QAPITAL ... 80,000,000 *** FOXD
.. 17.150,000 Uaid Oos-YOKOHAMA.
+Branobus and Agencies at Latang-Hsico Newolwang
New York Bombay Jhangchun
Osaks Dairen (Dalny)
Pekia
Fongtian (Mukden) Kyojun (Port Ar-
Jankow Honolala Kobe
iao-Yang
одбод
yons
Vagaonki
thur)
San Francisco
Shanghai
Tiebling
Tokyo
Tiontein
INTEREST ALLOWED ON CURGENT ACCOUNTS. Deposits received for fixed periods at rates to be obtained on application:
TAKEO. TAKAMICHI, Manager. Hongkong, 25th Sept., 1911. [18 NTERNATIONAL BANE IG CORP RATION. JAPITAL PAID UP...Gold $8,260,000 taskav FORD....., Gold $3,250,000
. Gold $8,500,000 [8294EAD OFFICE:--
00 Wall Street, New York. ONDON OFFICE
36, Bishopsgate.
N. LAZARUS,
Ophthalmic Optician,
1A, D'Aguilar Street, Hongkong.
Hongkong, 24th July, 1911.
SHIPBUILDERS, SALVORS, AND
FORGEMASTERS,
REPAIRERS, BOILERMAKER C).NAG, ELESTRIAL AND MECHANICAL ENGINEERS.
AND IRON FOUNDERS, · CONSTRUC-
TAIKOO
RAVING DOUR
71. by 88ft. by 341t, 6 in 3-4 hours, Pumps empty Dock in
Malaca Applikasɔs for quick onstruction and repair of Ships. Eagan, Boilers, Railway Rolling Stook, Bridges, and all Classes of Engineering, Iron and Wood Work Electrical Drives, Hydraulic & Pneumatic Tools,
installed throughout the Works,
50-ton Hydraulio TESTING MAO HINE for Chains, Wire Ropes, Rivete
and Metal Specimens.
OF HONGKONG, LIMITED,
DOCKYARD & ENGINEERING CO TAIKOO DOCKYARD,
are of opinion that solocions from Mr. Runciman--and it was now A A SERE AND AGRRYS 1
other groupe would probably proposed to hand over the work-
battorin me long ling people of this country to his
* tander maroles,
HONGKONG
BUTTERFIELD & SWIRE
HONGKONG, CURA.
Telegraphic Address N
TAIKOODOCK
LONDON BANKERS
BANK OF ENGLAND, D NATIONAL PROVINCIAL BANK OF ENGLAND, LD.
Tux Caritan & Courriss Bars,
LIMITED,
RANCHES AND AGENTS
ALL OVER TEX WORLD.
1280)
中
#
F. O. MACDONALD,
Acting Manngor.N
CHINA MUTUAL LIFE INSUR-
ANCE CO., LTD.:
HEAD OFFICE, SHANGHAI, “------
C. R. Burkill, Esq., Chairman,
A. J. Hughes, Keg, Managing Director. 5. B. Neill, Esq., F.L.A., Actuary,
A suong, British Corporation Registered, andir Hongkong Ordinances and under Die Asearance Companies' Acts, England.
Insurance in Foros corner$99,571,485.00 Aasain to read...anitaire 29,821,999-00 Income for Year
$680,050.00
Insurance Funduszonensisa LEFFERTS KNOX, Esq-District Manager..
B. W. TAPE, E-District Bucratary, Hongkong, Canton, Macao and the Philippines. Alexandra Buliding.
C. LAWDER, EM, Laspector, Hoogkang. Advisory Board, Hongkong: Bir Pais) Chat, K [C:M.G, T. #. Hough, Esq., C. J. Kaflysts, Esq.
Hongkong, 7th Nov, 1817*
101
GREEN. ISLAND CEMENT COMPANY, LIMITED:
PORTLAND CEMENT.
In Canks of 375 lbs. net.
·In Bags of 250 Ibɛ. net. BHEWAN, TOMES & 00.,
* Genoml Managem. Hongkong. 18th Aug. 1910, 1240
"BEN" LINE OF STEAMERS. NOTICE TO CONSIGNERS. $.8 -BENOLEUCƐ," FROM ANTWERP. MIDDLES, 'BRO', LONDON & STRAITS.
CONSIGNEES of Cargo are bareby
informed that all Goods are being tanded at their risk into the hasardotis and/or extra hazardous Godowns of the Hongkong and Kowloon Wharf and Godown Co., Ltd., whence and/or". from the wharros delivery may be obtained.
No Olaims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 23th inst., will be subject to rent,
All claims against the steamer must
HL Corporation trannaste every description of Banking and Ex-be presented to the Undeigned on or tinngo Business, receive money on before the 5th pros or they will not Current Account at this mte of 2.per be recognized, wat. par sunum on daily balancen and coepta Fixed Deposits at the following For 12 months & percent, per snanm.
For
GEO, HOGO,
All broken, chafed, and daming nd Goods are to be left in the Godowany where they will be examined on the 28th fast at 11
** No Firs Insomnade has worn
Bill of Lading will be counter
(UIBB