COMMERCIAL.
Shanghai Trade.
THE HANKOW LOAN.
THE HONGKONG TELEGRAPH, MONDAY, JUNE 17, 1912.--
Americans will not Stop at This Now that an American capi- talist has obtained a contract for
Messrs. Ilbert & Co.'s. Piece Japanese Criticism of Dollar Co. rebuilding the city and also for
Goods Market Heport says:-
There is no clango to report
and piece gonile in some quantity,
laying electrio tramways, it is not difficult to foresce that American influence will predominate and the Americans will issue com- and of the trade in the Yangtazo for. Hakow, the Japanese con valley. It is one of the ironion
When the nows first roached Japan that the Robert Dollar Company was negotiating a loan
bert
Banks
INTERNATIONAL BANKING
CORPORATION.
pine land and the Republic of Parar.
Depository of the U.8. Gavernment in the Phlisp
Head Office :-60, Wall Street, New York. Loodan Office:-6, Bishopsgate, LC.
BRANCHES :-
Flmay
Calcutio
Centor
Cebu Colun Empire Hongkong Inkow
Parks
T/T..
Exchange
Bolling,
24,000 002. Demand ..............................ms. D/P
113,000,00
16,780,000 '80 d
LJONGKUNG AND SHANGHAI
BANKING CORPORATION
PAID-UP CAPITAL:
RESERVE "FUNDS
Bierling 1,000,000 14 27* maza
Kole
Mutila
Maako
1'anina
EMERVE LIABILITY
PRIETORS
OP
Peking
San Francisco
Abaughal Yokohama
200,00 ... الايام
Caplial and Heserve,150,00 RVERY DESCRIPTION OF BANKING BUSI CURRENT ACCOUNTS opened on the sauni DEPOSITA RECEIVED, fixed for the year at 2 pernunum or for shorter perioda, at rates, which
Ey be certained on applier tios, ***HILIS NEGOTIATHƆ and COLLECTED.
MAIL TELEGRAPHUC REMITTANCES made.
LETTERS OF CREDIT and DRAPTS granted
all the principal ciller in the World. THE BANK'S CIRCULAR LETTERS OF COMMERCIAL LETTERS OF CREDIT
PURCHASE arki Sale of Stock and Shares
The Officers of the Hank are bound not to discture
CLORGE HOO0, Maunger.
in the position of the market, clearance of goods for actual con- suming contres being still upon a very small scale. Both yarnstrued it as an attempt on the of fato that after the Japanese however, have been finding their part of that company to prevent loan luan repeatedly failed and way from importers' hands, mere the incursion of Japan into the Japan been made a target of ly to be financed and carried field of Chinese Financo. It attack for her supposed ambition apon nativo account, there being would appear as if there was some by Chinggo and foreigners alike, NESS transactad much idle sycco in the native truth in this interpretation, ac-flankow should have now fallen banks owing to
sinckness of ording to Japanese papers, for into the hand of Mr. Dollar, an business with interior markets,Japan stood aside from the American capitalist.
this There is good reason to boliovo though the stock of silver boing anyelping loan, and
that the Six Powers Syndicate curried is not excessive for noranoventually seemed for a time to trading.
fall'into abeyance: Subsequent is preparing to lodge with the The loan pegotiations in Peking, the representative of the Ro-Chines Government a strong are available of per the World appear to laivo arrived at a stand- Idler Company visited protest against the loan. Mr. still, owing to antagonisin nscrib-apan, and explained that his Dollar can by no means advance effected od to some of the provinces, to the firun did not for a moment con- such an enormous sum single-the transactions of any of its customers. foreign supervision of expendimplate the exclusion of Japan landod, and faformation has it jure. Nevertheless it is difficult from the loan transaction, the that ho is backed by Amorlenn, to see how China, is going tocarry real purpose of the company being British and French capitalists, on with an empty treasury, which to prevent foreign loans to China who are not parties to the Six Powers Syndicate. The Syndi- has been caused by the expond altogether. ture of the past eight months to If to Japaness newspapers are cate, which boforo objected to the YOKOHAMA SPECIE BANK, gether with the remission of correct in the above statements, Belgian loan, will not tolerato the land taxes and the abolithe China Presa" asks, how can any other Chinese loan, than its tion of lekin. However little toy be reconciled with the fact own, and is strongly determined ACTISED C PITAL You 18,500,000 hearing the amounts collected that the Robert Dollar Company not to recognize any such loans, P-UP CAPITÁI, ... 30,000,000
has now obtained a concession for eince they would make the securi- | Kaszava FOND in taxes under the old regim such a large sum? Some of the ty for the Chinesa loan extremoly may have had
insecure. The Syndicate will of leading Japanese newspapere remitted to the treasury, busines think that, the Haskow loan will coure not interfore. will any Chinese would not welcome i return to those conditions, for the become matter of international private loans after the conclusion various, military governors have discussion, but before signing of its six hundred million taele had to find money for current
the agreement
Yoan Shil-kai loan; but it is clear that it will Calcutta expenses in substitution of the must have taken full cognizanco not pass the semi-pficial Hankow Changchun revenues this lost, by various of all contingencies. The import loan unchallonged. indirect methods of taxation ance of the Hankow loan cannot which have been an art culturo be underestimated, for it curries
upon the s
9, Queen's. Bond, Hongkong. Mongkong, 22a1 March, 1912
180.
LIMITER,
Established 1489,
17,599,000
Baring.
„2/-$11/16/ 2/18/16
$31,780,000 60 đ/s..descompuneraliséieria .....8/-1 | 80 d/s: Sydney& Melbournu...2/- 10/16 122 ............ maro 27/10 và đi. Bar Doo a New York niên Bộ TT. Shanghai.......................................................... 793 | Lua/s. Marku
818,000,000
COURT OF DIRETORS E. Shallin, Hag-Chairman
.. Medhurst, Esq.
H. Armstrong, Haq-Deputy Chairman Andrew Forbes, Faq, G. Friesland, Esq. W. L Paltenden |0. 3. Gubbay, EN,
G. B. Laurens, Esq. F. Lieb, Esq.
LowD
Hon, Mr.CH. Ross
H. A. Bisbe, Beg.
CHIKT MANAGER) Hongkong-N. J. Brinn.
ACTING MANAGER. SHANGHAI-A, G, STEPHEN,
BANKERS-Laxdar Comer AND WALOres Bang LAMECKO,
Howsom-INTEREST'ALLOWED,
TT Singapor.................................869 km/s. Franca T.Japan...............................................99
Dend India .....................161 Bar ilver, roady FT. Indin.................................... 1504
6 xajs. do
Demand, Manila...991
T/T. San Francisco and New York 49
C.T. Java....................................... 1211 Bank of England rate TT. Marks ...............................................206)
TF. Franc.................8.54 Sovaralga. ...............əyi əmanətmək
Un Durrent Acceania at the rate of 1 par Cent. Chinese ...20 cis, pisces ...$81
ng Aamun on the daily halános,
+
ON FIXED DEPOSITS!“-
Por #ttamība, B¿ per Conk,' per Anam, For 6 mozakis, 835 par Cent, per kanum. For 17 months, é þar Cani, par Annua
N. J. STABB, Chief Manager.
HONGKONG HAVINGS BANK.
THE Bule of the above Bank in conducted by the HONGKONG AND SHANGHAT BANKING CORPORATION, Raios may be obtained an application.
INTEREST un deposite is allowed
Fm CEIT. per annum. Depoallors may transfer at the option balance of $100 or more to the" Horicona AND SHANGHAI BANK to be placed on
2.61.
Subsidiary, Coins,
Discount per $100.
Clinceo ...10
Hongkong.20
Hongkong,10
****** 8,125
...881
Oplum Quotation.
May. 20. Malwa, New ......$5,100 perpio, Malwa, Old..... 8,180 Malwa, V. Old 14 5,250 Persian, fine quality 1,700. Pains, Now......... 8,875 Patna, Old Benares, New aparos, Old
12
por'che
FIXED DEPOSIT at 4 Pas Özer, per | Hongkong & Shal
Head Ollite.-YOKOHAMA,
"
Bambay
Brauche ateng-1-ico
Agencies d Nagasaki Nowch.wan
annum,
Now Yorkg
Ünika
Pekin
Dairen
Fengtion
Banker
Liao-Yang
amongst officials for centuries in with it a contract for the electric Public Companies. Ho Chias. These military grveruors, trum sorvice of Hankow, and being vested with a certain amount opens up for the American com-THE of independence by reason of their any a grant field of enterprise in power, are by no means entirely the Yangtze valley. subservient to the dictates of
The "Asahi's Views
CHINA AND "MANILA STEAMSHIP CO.,
LTD.
HE TWENTY-NINTB
ORDINARY GENERAL
| London Lyons
ין
For the Honaxona and Exanimai BAXXUM CORPORATION,
N. J. STARE, Chief Manager,
Rynjun Port (Ar- THE CHARTERED BANK OF
thur)
San Franc
Shanglisi
Tiobling
Tientsin
Tokyo
ACoODST.
INTEREST'ALLOWED ON CARENT Deposits received for fixed periods al
TAKEO TAKAMICHI,
Maneger.
Poking and the task of producing The following report from The order out of the presont chaos, Tokyo "Amhi ** deals with the MEETING of SHAREHOLDERS rates to obtained oxapplication. and roconstructing a stable form question of the loan at consider-in the above Company will be held at of government that will bring ajable length.
The Company's Offous, St. Gurgu's return of confidence in the coun A rumour was at one timo cur-Huildings & Connaught Halt, Vigai. | Hongkong, 1st April, 1912.
SATURDAY, the 22nd Jane.
The TRASFER BOOKS of the
try in the titanic task which Yuan ront that the Hankow Municipal 1912, at NOON, for the jaipure of Shih-kai has yet to accomplish. Reconstration Loan would full receiving a Statetural of Acsenés a d Money alone can do it, but that into the hands of Japanese - the Report of the Gneral Manager. money can only he borrowed pitalists, but a belief subsequently for the year ending 31-1 13.dumber upon the lenders terms which obtained that the loan would be 1911, and alerting a Counting Co- are not palatable to many official financed by Chinese merchants inmitted and Auditors. interests. Meantime the Chinese the South Sea. A report now government remains without ro- comes from Hankow, says the 'ompany will be CLOSED fr»m) cognition by the European powers, Tokio Amhi," that the loan has WEDNESDAY, the 19th June to and commeres aluganut. beon accepted by Mr. Robert Dol-SATURDAY, the #ud June, both
Ju so far as the agricultural lur,
American capitalist. lays inclusive. state of the country is concerned, Mr. Dollar, is a well known
SHEWAN TOMES & CO. spring crops have in most pro-authority on China, and is alongkong, 11th Jun, 1912
General Manag 15. vinces boon success, and as timber merchant who is doing ex-
[438 suon as the planting oat season tensive business in that country. for cotton and rica, which is on Ho was the Vice-President of the the whole early this your com-American Commercial Commis. pared to last, is accomplished,sioners who visited Japan and there should be a better move-China last year, when he made most of goods than is now the apocchesin various places in China caso, as shown by the meagre which brought him to the front. figures for deliverica published Io strongly attacked Japan on in the Customs Returns wockly. the question of placing the The American Agricultural Hanyaping Corporation under Bureau reports a condition of joint enterprise of Chinese and crop 78.9 as against 87.8 at the Japanese capitalists, and tla samo date last year, and an won the hearts of the Chinese avonge of 80.2 for the last 5olicials and people. He has no
yours.
P. & 0. Stock,
Consignee
NORDDEUTSONER LLOYD, BREMEN.
IMPERIAL GERMAN MAIL LINE.
NOTICE TO CONSIGNEES.
HE Siemelip
PRINZ EITEL FRIEDRICH," having arrived, Consigneet of Cargo are connection with the American hereby informed that their goods, with capitalists participating in the the exception of Opin, Treasure and Valuables, are being landed and stored at their risk into the hazardous and/or extra bazardous Godowns, of the long kang and Kowloon Wharf and Godown Company, Limited, Kowloon, and West Point Godowne, whenco delivery
ін
may
19h of June, will be subject to rent.
Goods are to be left in the Godena, All bruken, shafed, and damaged
Consignees
AMERICAN AND MAN-
CHURIAN, LINE,,
NOTICE TO CONSIGNÉES.
FROM NEW YORK ·
THE Stenship
18
4.
INDIA, AUSTRALIA AND
CHINA..
INCORPORATED ET ROFAL CHARTER 1853.
HEAD OFFICE LONDON. PIB-OF CAPITAL ...... 1,200,000 Razy FOXD... £1,850,000 STEV LIABILITY
PROPRIETORS.........£1,200,000
FOREIGN EXCHANGE and General Banking business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS receiveŭ Ene 1 year or shorter periods at rates which will be quoted on application.
WM. DICKSON, Manager.
Hongkong, 1.th April, 1912, [22
EUTSOH ASIATISCHE
DEUTS
CAPITAL FULLY
BANK.
PAID-UF......8h. Tasis 7,500,000
HEAD OFrick-Sungu). BOARD OF Diazorona- BanuIS, BRANOUK: Calcutta Hankow
“KANSAS,” Capt. B. Linkletler, imving arrived from the above poris, Consignons of Cargo are hereby informed this an the indoraigned for their eignature and Average bond is lying at the office of
that their goods are being landed at Berlin beir risk into the Godowns of the Hamburg Hongkong and Kowloon Wharf and Peking Godora Company, Limited, Kowloon, Teisanfa and skred at Consigues'risk and ex- penne
D
All broken, chafed, and damaged Goods are to be left in Godowas, where they will be examiradon WED- NESDAY, 19th inst, at 10 AM.
All claims must be prmented within
fifteen days of the stearaur's arrival hore, her which date they cannot be re- ognised.
No olsima will be admitted after the Goods have left the Godowns, and all Goode romaining undelivered after the 20th in, will be subject to rent.
No Fire Insurance has been affected. Bills of Lading will be countereignied
SHEWAN TOMES & CO...
*. Agents.
[441
Hongkong. 19th June, 1912.
TOYO KISEN KAISHA.
チ
8.8. "SHINYO MARU,"
In the Shipping market P. and Six Power Syndicate. O, stock has been to the fore again, and has had a smart reestory from Big Capture for the Dollar Co. the slump which followed the The contents of the loan con- official statement that no negotiatraet are not yet divulged but tions for amalgamation had been according to authoritative in
be obtained. entered into. The company has formation the amount
Optional Cargo will be forwarded on surmounted for the present the £3,500,000 sterling, at 5 per cent. unless intimation is received from the dispute with the Sailors' and Fire-interest, the issue price boing 94. Consignees before non to-day request. men's Union in the matter of The contract for rebuilding the ing it to be landed here. white crews for lifeboats, but there city will also be secured by Mr. No claims will be admitted after the is a good deal of mystery still Dollar, who has presumably also Goods have left the Godowns, and all surrounding the position of the obtained the privilega for con. goods remaining undelivered after the stock, and some official onlight-structing the electric tramway at onment on the situation would be Hankow, as it seems improbable welcome.'
The report that the that he should have agreed to ad- new issue was to be postponed vance 3.1-2 millions
pounds hus been mot with an official sterling at 5 per cent. interoat contradiction, while as regards without securing some more ad- 26th of June, 1919, or they will the rumours that the buying has vantageous.conditions other than not be recognized. been for the purpose of getting the contract for the reconstruc No Fire Inearance will be offected. the control of the company into tion of the city. An eleotric Bill of Lading will be countersigned foreign hands, it has been point traction enterprise has time and by the undersigned. od out that the directors can again been mooted in Hankow This steamer brings Cargo refuse, under certain circum and when the loan was negotiated. Fx .. " Admiral "from Zanzibar vis Dargo remaining undelivered on
to allow transfers of with the Chinese merchants in the stances,
MONDAY, 17th int, at 5 P.M., will shares into the names of foreign- South Sea, a concession for this Ex 8.8. G. Boerman: from Zanzibe landed at Consignoes' risk and ex
bar via Aden! oloimoil.
pense end delivery must, then be taken NORDDEUTSCHER LLOYD, from Company's Godown.
MELCHERS &' 00.,
No Fire Insumos- whatever will be Gusenal Agonte. 12th Jana. 1912.
affected.
ery but with the uncertainty was
Canton Kobe Singapore Tientsia Tsingtau Yokohama
LONDON BANKERS:
Mesure. . M. HornoHILD & Sons. Tax UNION OF LONDON AND SMITH'
́Bank, Limited. Dautisha Bank (BSBLIN), LOXDOs
DIDACTION DEA Discosto GRILL
#CHATT.
INTEREST allowed on Carrend which may be lesined on applicatiost Accoat. DEPOSITS received on term Every description of Banking ann Exchange business transacted.
[#
R. TIMMERSCHEIDT..
Manager, Hongkong, 9th.Oct., 1911.
THE MERCANTLE BANK' OF I VDIA, LIMITED,
Aut used Capital,.................... £1,600,000 8 cribed.
id Up #1 alussscen Barra Fund..............
HEAD OFFICE:
PIRE INSURANCES,
3,276 $,100
-SEKS.
VALSALE.
STOCKS & PAID or VALUR.
CLOSING
BANKS,
885
120
684
42 equal $22.82 for } year
KARINE INSURANCES,
Onelous North China
360 8225
F140
Valone
$100
3805
b.
Yangtree
250 $195
$20 182
1.
Hongkong Fires
.$00.
1858
b.
$27 for 1910
SHIPPING,
Chloe & Manilas
$25
1810 SA.
$ for 1906
Douglan Stowmahipa · · $50 Steamboata. Indo-Chinas
827
$10
$277
(Preferred) (Deferred)
807
b.
65
109/~
41
411 b.
#10986, b.
$28. b.
REFINERIES;
Ohias Sagam Luxon Sugars
#100
106
E
$100 $98
b.
MINING
Chias Fires
"Shell" Transporte
"Bur Forry
SHARE REPORT.
BUYERS
SATY DEVIDEND AND DAYS.
£2.6.0 st ex 1/10 equal
16 $24.27 for year
anding B1-19.11
anding 80 June 1911
$16 for 1910
Interim of 10/- for 1911.
Final of $20 making: 850
for 1010 and Intérim
of $80 for 1911
-$12 for1 09 and Inteölj
$8 on account of 1910
#7 & b'e of 2 for 1010
5 po, for year end'g 80-6-11 Dividend of $1 for half} year ending 81*18*11 } 8% final making 1% for 1908 6% divi for 1909 on preferred shares
1/- per share Coupon No.
15 2/6 per share Con-
.... pon No. 16 for 1011.
Div. 7.p. d. for year-and- Boz. 6 p. a Ing/80.4.LI
$10 for 1910.
$8 for 1897
Interim of 1/- on scrunt
for year ending 28.2.11 (Coupon No.16)
区
Chiasse Engines logs -
H. X. & W'pon Docks $50 $47 sa, & à, Shanghai Dooks T. 100 11.63 Hongkow Wharis T. 100 7.30
Tronoka
41 74/6
Raubs
61 04:
件。
DOCKS, WHARVES & D'DOWN Kowloon Wharfs
18. 28. per share on 150,000
$50 $60
ს,
$8 for your ending.81.28/11
$1 al dividend for
year 1912
bi
Ths. 2% for 1910
Final of Tis. 4 for 1010
Tle. 6 29'2.10
.b,
$3 on old shares,) $1.50
172
b
$100 $106
$10 7 -$80 $8
1.
b.
LANDS, HOTELS & BUILDINGS.
Angle French Lande T.100 2.94
$112
Hongkong Hotels ·$50 Hongkong Land Humphreys Estatos
Kowloon Lands Shanghai Lands
West Points
T. 80 7.86
$50 $54
Maglia M'pole Hotel P.10.8
Emos
COTTON MILLS,
T. 50 T.80
+
$10 $5
Hongkong Cottons
MISCELLANEOUS Chick-Borneo
$12 $9. Lighi and Power $101 82 Do, (Bped, sharon) $1 [ China Providents
Dairy Farms
Green Islands
1,125,000 Hongkong Electrios
552,000 868,000 Hongkong Loan
where they will be examined on the From SAN FRANCISCO, HONO-40, Thremaneedle Street, London, EU.
19th of Juna, at 9.30a.m.
All claims must resoh us before the
Aden.
.[7
CEMENT
ISLAND COMPANY, LIMITED.
PORTLAND CEMENT.
The tramway provailing the public who buys enterprise is so promising that it the stock at present prices is has long been coveted by espi- stopping on dangerous ground, talists. Hankow is the commercial fongkong, "Truth.'
contre of the Yangleze valley and Shipments of Bean-VII, its value is so great that the Ja Two stoamers, the Glenstras panose influence in trade in the GREEN "and Aadalusia, have between Yangtaze valley is entirely due to them shipped nearly 6,000 tons her nequisition of a base in that of bean oil at Dalay for Europe. city. The East Asia Development The Glenstras loaded 28,000 casos Company invested 1,325,000 yen and 905 barrels on May 28 for of Japanese capital in the Hankow London and Antwerp, while the Bydro-Electric Company, and Andalusis, which followed a few Japanese merchants enjoy high days later, slipped 28,000 cases popularity amongst the Chinese, and 100 casks for Sweden their trade showing an annual
Shipping sol Engineering,
Milhøresse,
In Chaks of 875 lbe, net In "Bage of 850 Iba, net “HERWA“, TOMES.
Co.,
i
A Gazon}"Manager), |Hongkong, 16th August; 19 19,
LULU & JAPAN PORTS,,
The above-named steamer haring Bombay. Calostia. arrived, Consignees of Cargo ame heroby notified to send in their Bills of Howrsh. Lading for countersignature, and to madras take immediate delivery of Cargo from Karachi, alongsida.
Rangoon. Colombo. Kandy,
No Claizon will be recognized alter the Goods hava lafi. the:Steamer.or
Godown, and all: Goods remaining undelivered on FRIDAY, the 21st
inst., afternoon, will be subject to rent
and landing charges.
BRANCHES :
Gale Bing. Penang.
Hongkong Roper
Langkata
Morning Post Kota Bahru, Kelantan. Peak Tramway Kuala Lumpur, F.M.8.
Hoogkong.
Bhangbai.
AGENTS IN JAPAN ;
b.
b.
$10 $81
Bi
10
$10 $28
$25812 #10 $19)
8. 10 T.88 ex. dir,
$96 $22
#10811
Do. (zuw) Philippines
$1 $1.10
$10 $5.b. HI. Frics & Co., La. $10 812 Boalete does Preferred 350】
B
38
Papierterios
Mesams. Jardine, Matheson & Co., Ltd. Pulpeset pald up #50
BANKERS':
Bank of England.
London Joint Stock Bank, Ltd.
da Toala') Benefit $250 hanghai-Bmmatras T. 20 T110 Steam Laundry United Asbestos'Orlan={ `tal' Agency," Zdainis)
$10 $10
#10 B
Exchange business transacted VERY description of Banking an. Blocks of online at modBlend Ashton) 810 8500 on account of All cheted and otherwise damaged Credit grented on Agents and Cornes- Cargo to be left on board or godown pondents all over the world
Union Waterboat and examination of same to be arranged. Interest allowed on Camal As All claims minat be filed on or before countí at 2 per oant per annum on
Welmann, Taid. the 28th it, otherwise they will not Dally Balsson and on Fixed Deposits | Watson be recognised.
NASA at mule which may be sacarlaised on William Fow 8. MORITOMO, - application,"
Agent.
F. CEMACDONALD,
gkong, 14th Jase, 1912.
on now shares for kall
yoar 91.12.11
Interim div. of $84 for 1911 40 canta for 1911
$2.75 for 1911
5% for half year to 80·8·11.- Interim div. of $2 for 1911
and final of $2 miking
$4.00 for 1911
15 per cent. for 1910
T4 for year ended 31∙10-102:
17 for year ended 20-12-15]
50 conta $1.7-08
$1 for 1911
70 cents for 1911
$1.25 for year end'g 31·7·11
10 cants for 1911'
• $1.40 · per share
· Final dir, of $10 for your
ending 81.12-11
$1 interim account 1911
[Special bonus T,3-18-1-11.
Interim div. T.14 15·8·11 ·· Interim div. T.115-6:11 Interim div. T.1f 15-9∙11.
Nons
80 cents on fully päidy
́shares and. 8-sente ba $1 paid shares for year ending180-4-12
#None
$1.50 for 1910
"First year.
No dividend this.
Jour
10 cts:foryear and g 70 B: J-
``-15 per`orat.”” par ordly "share" for your 1.81-5-1911
76 sais por abáty fut↑ "yourvading 81+181915. 10 per centy-fox yaar ande
[fax]31-7:10)]
"30 amts for 1910
June, 127, 1900, 17 WRIGHT AND HORN