COMMERCIALA
THE HONGKONG TELEGRAPH, FRIDAY, JUNE 21, 1912.
Banks INTERNATIONAL BANKING
CORPORATION.
Depository of the U.S. Government in the Philip
Head Dice:do, Wall Street, New York. London Office -36, Bläopagata, K.C. BRANCHES
lands and the Republic of Panama
Bombay
Calentin
Cantou
Cebis Colon Empire
Hongkong Hankow
Caplial and Reserre
Banks
TONGKONG AND SHANGHAI
BANKING CORPORATION
PATD-UP CAPITAL sumenteno
Exchange
Salling,
Buying,
[/T
„514,900 000. | Demand
„2/- 7/16 6 m/s. C/O ............
∙18/10 2.15/16:
[15/16
K2,700,000
30 dfm.
BRAVE MANORINK OF FRO
PRIETORE sceptres
• Parama
Peking
San Francisco
Shanghai
COURT OF DIRECTORS
Yokohama
6,800,000
Shellim, He-Chairman
F. E
Мал Merico
* about staráme 11300;000
EVERY DESCRIPTION OF BANKING DUSI, NESS transseted.
CURRENT ACCOUNTS opened on the usua
at
foreign companies in the Confer six-Power group, he would doline ence are said to have threatened what authority those persone hind to stop sending steamers to from the British Government for Japanese Tea Trade.
Shimizu if tho tea-shippers persist using this description of them- ["Japan Times" Noport.]
in their prosent demand. The selves us means of floating Shidzuoka, June 2. shipowaora point out that they their project; whether their name plos The general tone of the market are making largo sacrifices in the correctly implied, as it was intend- for the past few days has been interests of the Japan tea trade, ed to do, that the six Powers in rather woak. Almast all tho On the other hand, some of the question guaranteed to investors desirable goods-were-taken up by shippers propose to appeal to repayment of their money, with a large firing firms such as Hellyor public opinion should the Con-fixed rate of interest, to be & Co., Coole & Co., and other forence steamship companies ro- collected, if necessary, by force companies, and as a consequence solutely stand to their guns and appropriation of territory or only low-grade lenf is left un without making any concession of rights, irrespective of
success of their projects or their touched, partly on account of the whatever.
It is believed that the dispute utility to China; on what evidence high price and partly owing to undesirable quality. Therefore, will be eventually settled by the Powers had satisfied them- low-grade is abundant en the reduction of from $8.50 to $5.15 elves as to the merits of the market. Foreign buyers who per ton, with a rebate of $1. projects and the scourity for investors, and in what way they are as yet busy with high grades, Shanghal Companies. do not soom inclined to bother
had made themselves reaponsible The Vulcan Iron Works, Ltd., for the remunerative application themselves with buying low has now been amalgamated with of the money, whether by 08-RCHASE and Sale of Stocks and Shares grades on a large soile, though the Now Engineering and Ship- they are buying in small quantiti-building Works, Ltd., and the suming control of contracts, ties to fill orders for earlier ship combined business of the two the purchase of materials, or
appointments, privileges and the transactions of any of its custuotery Manager, monts.
companios will in futuro be car by requiring these to bo 9, Queen's Road, Hongkong. ried on in the name of the last dealt with by public compoti Hongkong, 22nd March, 1912 [is. mentioned company,
tion in the open market; if the Tho Anglo-French Land Invest- ment Co., Ltd. is prepared to re-ever nature, was common to all guarantee or obligation, of what- coive applications for the pur- the six Powers; what provision chose of Debentures (Issue of was made in the ovont of serious
Compared, with the early part of the first-crop scasoo, the ruling price has gone down to a great extent, and yet holders are taking a rather firm attitude and the difference between buyers and sellera is too great for many transactions.
that
Decline of Anhwël Ten Trade
•
mPOSITS RECEIVED, fixed for the year per annum or for shorter penola, at rates, which
racersised on application,
BILLS NEGOTIATED and COLLECTED, MAI Bid TELEGRAPHIC REMITTANCES made.
LETTERS OF CREDIT DRAFTS granted THE BANK'S CIRCULAR LETTERS. OF
on all the principal cities in the Work. CREDIT are available all over the World.
COMMERCIAL LETTERS OF CREDIT
The Oncers of the Bank are bound not to discjoss
OBORGE HOGG,
¿?
THE VOKOHAMA SPECIE BANK,
"LIMITED,
Extablished 1980,
| Ekorting 41,601,900 30 SA pemai
Armstrong
Deputy Chatraan
21-† 30 dá. Bydney & Melbourne...8-1 1/16 9/16 30 d. San Foo & New Yorke VT. Shanghai......................................... 724-4 m/s, Marki-cuimur.med PT. Blagapore Musausinin
„80-11 m/s. Frau ,99
1/1, India......... 1616 m/s. do
Andrew Forbes, RingGH Modhurst, Hemand India
Gand, E
C. B. Gubbay, En.
G. B. Lauras, Esq.
F.
Lieb, Reg.
Lo
W. Pattende
Hon. Mr.C.B. Bow
H. A. Bebe, Bag.·
Owner MaxAGEN! Hongkong--N. J. Brass.
SHANGHAI-A. O, STEIERM,
Bai-Lo Cotier
AND WRKKURILA-Bank Lines,
p
Handi-TEAMT - Azzowap.
Demand, Manila “...............................................99{
T/T. San Francisco and Now York 40}
ilver, ready diet¶¶
forward...........
FT. Jaya res................... 122 Bank of England mate TIT. Marké.................................................207
[/T. Franco.....2.58)
Subsidiary Coins.
Discount per $100.
On Current Lepants of the rate of 1 por Con Chinese ...20 ets. pieces It Assem on the dully balanen.
ON FIXED DEPOSITS:
For 4 moulds, 134 yer Desk, par AnnAIR,' For 4 months, $56 por Oost, por Juntas, For 23 mazilo, 4 per Duck, per Ana,
N. J. STARB, Chief Managec.
HONGKONG BAYINGS BANK.
THE Budne of the above Bank le conducted by the HONGKONG AND BHANGHAT BANKING 30,000,000
n application. 17,500,000 İNTEREST on, déposity is slowed si 93) Fan Cour, per annum,
Head Offico.YOKOHAMA..
Dairon
Espositors may testefar as their Spálom
| trajanors of $100 or more to the Homnica
Branabes
A gabois at
Fengthen
Nagasaki
Newel wan
New Yorkg Cocka
Facin
Chinese ...10
"
Hongkong.20
Hongkong.10
--
37/10
-Oplum “Quotation.
May, 29.
Malwa, Now.....$8,100 Malwa, Old......................... 8,180 Malwa, V. Old... 8,250 Persian, Ene qualitý 1,700 Patna, Now......... 8,870. Patna, Old 3,120 | Bozaros, New .............. 8,975 enares, Old *** 8,100
SHARE REPORT.
S—SENIKA.
STOCKS & Fam or Valor.
Cheape
BANKS,
IND BHANGRAY BANK to be phased un FIXED DEPOSIT at 4 Fra Osaz, par Hongkong & S'hai $125
Tls 300,000, 6 pc, 1011). lisagreement among those Pow AuraORINO CAPITAL You 18,000,000-OURFOBATION. Balay to obtained
The Mantschappij,eto,,in Lang- Nativa as well as foreign ship kat gives notice. to shareholders, apart from China or relative PAID-UP CAPITAL ...
to China; and whether the obliga- | Kaizuya Fond pers, who purchased a fairly good that the Directors have declared tion assumed extended to enforc quantity, a part of which has a Second Interim Dividend in ing the secret torme common to already heon shipped, do not respect of the current year's
*greements between the Chinese seem to wish a big slump, because working of Shanghai T. 1.00, Government and the financiers, Antuog-Hsien if a sudden change in Japanese payable on the 15th July next.
under which the latter dorive Bombay _conditions—bo-reported
additional and subsequent advan- Caloutta buyera in Amorien would stop
Anhwoi is a large tea-growing lages not disclosed to the public Changchun buying now teas that aro arriving there in ship after ship. Not rogion. Under the best circum-in which investors do not par only that, old teas that are still stances, two hundred cattion of toa ticipate. unsold would meet a disastrous can fetch Tla. 40 and sometimos fate. What these shippers want more. In the past year, owing is a oven market for the rest of to the trouble in the country, the the season, but a lower market price foll to Tls. 30. With the where they are able to fill their advent of this year the fall in price a
has been startling. The first sale That the market is on a still only commanded Tls, 22 for 200 higher basis than the last is prov-catties. In the ensuing salon, the ed by the fact that there is no prino will certainly go down lower, raw leaf that could be secured at iys a vernacular contemporary. loss thinn 2.00 yen por kammo,
orders.
while at this time last year ten at a cost of 1.90 you or 1.80 yen was easy to gol.
Native refirors, who were once objoot of criticism by foreign re- firers on account of the former's indiscreet purchase of loaf for tho mere purpose of feeding their plants with leaf, are now severely complaining of big purchases mado by several foreign refirers for the past week or so,
Some of the native termen are indignant over the report givon out before the souson opened by an official of the Japanese Toa Traders' Association, who was
investigate the general condition, and returned to Japna early this
THE FAR EAST IN
PARLIAMENT.
BANGBA
The Production `of «Oplum.
Bankow Honolu Kobe
Bysjun Port (Ar-THE CHARTERED BANK OF North Obins
INDIA, AUSTRALIA AND CHINA.
LOUT) Ean Frana 600
Fhanghai
Tiebling
Tientsin
Tokyo
Sir E. Grey's Reply.. Sir E. Groy, in reply, said: I{ have no knowledge that the finan-Liao-Yang cial groups who are negotiating London loan with China intend to adopt Lyons any particular designa ion, and, ns has already been stated in this House, though we give diplo matio support, His Majesty'etes Government incur no pecuniary liability whatsoever in rospect of the loan, They will not give Hongkong, 1st April, 1918. diplomatic support to any loan which does not provide fadequate guarantees for the proper ex ponditure, of the proceeds and satisfactory securities for interest. The arrangement will be a finau-
INTEREST ALLOWED os Canest ÁOODENT. Deposita received for fixed periode at to highlined ouapplication,
TAKEO TAKAMICHI,
Manager,
18
-
INSPANOLATED BY ROTAL Cuantes 1858.
p
Unions
Yangtsen
FIRE INSURANCES, Chias Fire Hongkong Fires
SHIPPING.
$550
RA.
For the HanazonG AND BHANGHAI Bars CouroBATION,
84
M. J. STABB, Chief Manager.
^. MARINE INSURANCES Cantons ·
#50
8226
ม.
£5
T140
$100
$800
450
8195
20 $182 $50
$858
b.
$25 $10
$87
#16 0961
867
108
£1
11 b.
810 888
Ohins Sugar Luson Bugars
85 $28 $100 $107 $100
38
MENINGEN.
HEAD OFFICE---LONDON. PAID-UP CAPITAL .........£1,200,000 Rua Fono£1,650,000 By Liability OF
PROPRIETORE .....£1,100,000
Public Companies and FIXED DEPOSITS received for
STEAMSHIP 00:, LTD.
רי
THE TWENTY-NINTH
T
FOREIGN EXCHANGE and General Banking business traossated,
OURRENT ACCOUNTS opened
1-year or shorter perioda ai-rates which will be quoted on application.
WK. DICKSON, Manager, Hongkong, 17th April, 1912. [29
BANK.
(May 20.) The Earl of Ronald-cial one and the groups will bo THE CHINA AND MANILA shay asked the Secretary of Stato represented on an equal basis in for Foreign Affairs if he had any any combination that may be reports showing that the prodac-formed. I see no reason to anti- tion of opium was being carried cipate any disagreements botwoon ORDINARY GENERAL DEUTSCH ASIATISCHE. on unchecked in certain provinces the Powers, and I am unaware of MEETING of SHAREHOLDERS in China;
and, if so, had he any any such secret terms as suggest in the above Company will be held at information to give to the House ed in the question in agreements the Company's Ollies, Bl. George's Capital Fully on the inattar.
between the Chinese Government Buildings 0 Conaught Road, Victor!, on SATURDAY, the 22nd - June, Mr. Aoland, who replied on and financiers. behalf of the Secretary of State,
Mr. Ginnoll: Will the righthon, 1812, at NOON, for the purpose of lia Report of the Genom Managers
PAID-u......Sh. Taels 7,500,000
HEAD OFFIOR-SHARONAI, BOARD OF DIRECTORS—BERLIN.
BRANONES: Caloutta Hankow
Canton Kobe Bingaporá Tisatsio
China & Manilas Douglas Steamships - #50 Steamboats
Indo-Chinas
(Preferred) (Deferred)
"Shell "* Transporta
Star Farry'
REFINERIES:
Chinese Engineeringe 185-
por obe
b.
LASY DIVIDEND AND DATE.
1.5.0 at ex 1/10 equal to $24.27 for your ending 81-12-11
L2 equal $22.89 loryaar
ending 30 June 1911 - )
#16 for 1910
Interim of 10/- for 1911
· Final of $20 making $50 %
for 1910 and Interim
of 880 for 1911
$19 for 109 and Int. of )
$8 on mosonat of 1930
97,& b's of $9 for 1910
$97 for 1910
$1 for 1900
5p.o. for year end'g 80-6-11- Dividend of $1 for half year ending 81.1#‹11 8% fins! masking 6% for --- 1908 6% dir. for 1909 on preferred shares
1/- per share Coupon No 15 2/8 per share 'Con- pon No. 16 for 1911.
Div. 7.p. for year end- Bon. Bp. Ing 80.4.11
$10 for 1910
$8 fox 1897
Interim of 1/- on account
... for your ending 28.3.11
(Coupon No.16)
1s. 24. per share on 150,000
Tronohs
26/6
Fanbs
21084
1.
DOCKS, WHARVES, & O'DOWNS Kowloon Wharfs
$50 400
b.
$8 for your ending 81.15.11
81 final dividend, for)
your 1912
b'
T. 2% for 1910 -
1.90
Final of Tia, & for 1010
LANDS, HOTELS & BUILDINGS,
b.
Tl. 6 98-2:10
$112
§8 on old shares, $1.50.
$72
b.
$100 $100 #10 $8 $50 884
40 centa for 1911
b.
T. 80
.80
$50 $55 HA.
P.8
H. K. & Wpos Docks $50 $47 dispatched to Amorics last fall to aid: Reports have been received gentleman say whothor the receiving a Statement of Accounty and
Shanghai Docks T. 100 T.80 that opium cultivation is pro-American section of the six-Power for the year ending Blet December Berlin
Hongker Whard T. 100 Spring. Acco Jing to that report, China, ouer which, in the present connel of the American group, unittes nad Auditors,
cooding in certain provinces of group is identical with the per-1111, and electing a Consulting Com-Hainburg
Angle French Lands T.100 T.94 Japan tossshipped last year, under
Peking the now conditicaloa should circumstances, the Chinese Go-with which the Chinese Govern- The TRASFER BOOKS of the Tianfa Talogian Yokohams
Hongkong Hotels $50 Company will be CLOSED from LONDON BANKERS : WEDNESDAY, the 19th Jane to SATURDAY, the 22nd June, both Mesere. N.. M. ROTHSCHILD & Sons. Hongkong Lands
TE UNION OF LONDON AND Surru's Humphreys Estates days inclusive.
Kowloon Lande Bark, Lixite). SHEWAN TOMES & CO. General Manigl
Deutsche Bank (Bxal), LowDow | Shanghai Lande
A.GEOT, [458 Hongkong; 11th June, 1912
Chină. ·
NOTICE.
Mr.
E have this day authorised
CARL MEYER to sign our name per l'inensation.
BERDLINGER & CO., Hongkong 18th Jans, 1919.
vermont are unable to exercise unent contracted for a loan in bo purely uncolourod — were"
control. any offcotive moro than satisfactory and were Majesty's Government are, how
His 1900? well liked in America aud as a
Sir E. Grey; I cannot say off natural consequence the consamp-ever, confident that with the full hard,
Russian Participation. tion has increased suddenly all restoration of order the Chinese
Mr. Ponsonby asked whether over the States. Such being the Government will take the neces caso, in spite of the large exportary stops to ensure the onlorca the Russian Government hat no- of last year, thirty-eight million meat of the suppression of the tified that they would only par- pounds stock was only a trifle and cultivation of opium throughout ticipate in the six-Power loan to China on condition that special Loople looking forward for the
-(21st.) Sir J. D. Rees asked the Russian interests in outer Obina coming now teas, Under the situation, Japan ton for 1912 Under-Secretary for India who were recognised; whether those should have a bright future,
ther official reports had been re-interests infringed the policy of tim's Such was the gist of the report coived by the Secretary of State the open door and the integrity made. It is needless to say all or by the Government of India to and sovereignty of China in that the people who do not know real the effect that the poppy was now district; and whether His Majes condition on the other-eido-and-ence more largely grown in the ly's Government wore prepared have to depend upon the report, provinces of Kauguh, Yunnan, to give diplomatic support to a woro so strongly impressed that and Szochnan; and whether the loan on such conditions,
Chinese Republic had formally Bir E. Grey said the conditions tho new wasson would be a most prosperous one and they con- adopted the obligations of the lato of Russian participation in the oluded themselves that the wisest Imperial Chinese Government in loan to China are at present the alep to be taken was to buy gonde rospect of the discontinuance of subject of confidential negotin- tions between the Powers and regardless of price, and await the growth of the poppy.
Sir Grey answered the financial groups concerned. His orders from foreign buyers who would not mind to pay any fancy question. He said I would Majesty's Government would refer the hon, member to the refuse to approve any loan the price.
reply which was given yesterday conditions of which infringe the to the hon. member for Hornsey. policy of the open door in In auswer to further questions Manchuria and Mongolia for
British commerce. put by Sir J. D: Ross,
Alas! the report was proved to be quite the reverse, thone who misguided are hound to inour a large loss on the leaf they have on hand.
*
Question of Guarantees, Mr. Ponsonby also asked who
Consignees
DIRECTION DER Discorro GRABEL- West Points
BOHATZ.
INTEREST allowed on Carrend Manila 'pole Hotel P.10. Ascount. DEPOSITS reseiredonterm®
which may be learned on applicatiost Every description of Banking son Exchange business transacted.
(445
** R. TIMMERSCHEIDT,
Manager, Hongkong, 9th Oct., 1911.
[2
COTTON MILLS:
wos
Hongkong Clotions
Ukina-Borneo
MISCELLANEOUS
T. 30. T.86
$10 185 $12 $9. Light and PowerE $1092 m. & b...
Do. (6peo, shares) $1 } China Providenta -
Green Islanda
THE MERGANTLE_BANK_OF| Dairy Farms -
JYDIA, LIMITED,
Anted Capital,........£1,000,000
582,000
@cribed ********* 1,125,000 Hongkong Electrica
aid Up Reserve Fund.............................. 865,000 Hongkong Ices
HEAD OFFICE:
Hongkong Boge
40, Threadneedle Street, London, EC.
TOYO KIBEN KAISHA.
S.S. "SHINYO MARU.”
From SAN FRANCISCO, HONO LULU & JAPAN FÖRTS, The above-named steamer having arrived, Consignees of Cargo an hereby notified to send in their Bills of Lading for countersignature, and to Kamchl. take immediate delivery of Cargo from alongside.
Cargo remaining undelivered on
Sir E. Grey said:-Wo under- The Pacifio Mail liner Mongolia, ataud that the present Chinese which sailed from Shimidzu May Government is as much in earment 30, took 12.952 packages, of as the Late Chinese Government ther in the loan agreement be- MONDAY, 17th inak, at 5 .., will and the banks of the six Powers pense and delivery must then be taken which the heavy shippers were with regard to the repression of tween the Chinese Government be landed at Cosignees risk and ex Whitney & Co. and Fuji Com- aptum smoking. It is only a
at Peking there was any provi- from Company's Godown.
No Fire Iniurados "whatever will be pany-who-shipped 2,518 and provisional Government at presion for effective supervision of
"affected."~~ of course, and if there sont, 2,423
No Claims will beltscognised alter respectively.
any relnotance on their part to expenditure by foreign experis..
Sir E. Grey said: No loan Goods have left the Bleamar ör The Freight on Toa. The negotiations between the take over the obligations with
opium trailia it will raise this ed. His Majesty's Government undelivered. on FRIDAY, 914 lines and con-shipper with a view whole question of the agreement have from the first made it a con-inst, afternoon, will be subject to rent to arranging a reduction of freight that has been come to.
dition of diplomatic support of and landing charg
Bombay. Calmatia,
BRANCHES :
Galle
Blog.js
Pornag.
Howrsh. aľadras.
Бироод Colombo. Kandy.
Kota Babiu, Kelantan. Kuala Lumpur, F.M.S. Hongkong. Bhanghai,
AGENTS IN JAPAN ↑ Masera. Jardins, Matheson & Co., Ltd,
WSBANKERS 1 Bank of England.' -London Jolat Stock Bank, Ltd.
representatives of the Conference regard to the suppression of the agreement has yet been conclud¦ Godown, and kill-Ghods remaining Mechange business transacted
$10 8 8. & 1.
$6 022
$10
$10 8221
$25 $2125, $10.919)
8. 10 .07 .
Langkata
Morning Post Peak TramwAY
$25
823
$10 $11
Do. (now). Philippines
01:31
EL. Pros & Co., Ld. 10 Bocolate des Prolazred #50) Pulpesat" paid up 050) Papierterieu
12 ·
$85
du-Tonkin.
$10800
Denali $250 "banghal-Sumatras T. 20. T110 Steam Laundry United Asbestos Orian-$10 $10 VERY doription of Banking anal Ageaty, Idea!. Stocks and Bhares bought and sold United Arbarton)", on ascomnt of Constituents Latter of Founders Shares any loan which may be negotiated All chafed and otherwise damaged Credit quented on Agents and Cones Inson Wakebook with China that there should be Cargo to be left on board or godown pondents all over the world. -companies, sedm's to (22nd,) Mr, Ginnell asked the adequate guarantees for the pro-and examination of same to be arranged. Interes allowed on Carens As All claims must be glad en or badra | consta at 2 par cont-per-andaS DE tionlar objection to Foreign Secretary whether, in per expenditure of the probeode.
skmates which may "fe amtertained Iberanogolnád, the only differ view of the forthcoming pro- The best means of securing these the 28th int, otherwise they will not | Dally Balance and on Fixed Dapc P. C. MACDONA
on len are progressing at Shizno-
ks. The "Asali atstos that the
have no
reducin
Chiasso Finance.
and spectuses of developments in Chi- guarantees are now being cons sing ns on behalf of the international sidered by the Poweisand fidan«
elyda' she | chal groups concerned.
RITONO.
$10
on new shares for half
your 81.12.11
Interim dir. of $84 for 1911
$8,75 for 1911-
6% for half year to 80-8:11. Interim div. of $2 for 1911
and final of $2 making $4.00 for 1911
15 per cent for 1910
T4 for year ended $1∙10:10) T7 for year ended 20-12-15) 50 ospie 31.7-08
$1 for 1911
70 cents for 1911
$1.25 for year end'g 31;7-11-
40 centa for 1911
::
$1.40 per share
Final div. of $10 for year)
ending 81-12-11
$1 Interim account 1911
Interim div. T.1, 15·8·12: |Interimi div. T.1, 15-8-13
None
80' cents on fully paidy
sharm and 6 cents on $1 paid sliares for year ending 80·4-12-
Nons
$1.50 for 1910
First year.
“Wo dividend this year'
- 50 via, fox year andʼg 50 B-1--
15 per cost per ordi
shara' for: pOG3 81-5-1811
75 *) benia, par share for your ending 81-191917 10 par ́sank♫ for your und-
IGHT: