COMMERCIAL.
Singapore Produce,
Penang Produce,
October 3.
| Gold Leaf...
Black Pepper
October 11, 1912.
White Pepper
Trang Pepper
Gumbier... buyers 8, 8.00
(Cube No.1) unpicked 14.60 Cloves
Coprs, Sundried...
Mixed
**
Pepper Blank...
11.45 Muce ...11.00 Maco Pickinge
88460
no stook
THE HONGKONG TELEGRAPH, THURSDAY, OCTOBER
... 343 buyers
23.75 nominal ...35 nominal
20.00 Nutmegs 1128...
No. 1
White & per cont. 34.50
Sago Flour, Sarawak
Brunei No. 1
•
Pearl Sago
Coffee Bali :
"
4.00 Sugar
nom.
120 sollers 106 buyers" 20.50 buyers
8.20 sales
2 ... 8.10. * Buskot... 5.15 buyers 5.00 Copra (mixed). 10.00 33.00
Tahbun. 190 sellera Suondo... 245
Palembang 10 per Guita
Tapioca, small Bake
**
3,400 Green Saail Shells. 13. sollera 1,250 Fishina wa No. O split 203 per pic.
100
SALT PRODUCTION IN CHINAS
A Main Source of Revenue. :
In the regently broken-off loan negotiations of the great Fowers in China, a large part was played by the question of mortgaging the revenue from the salt monopoly.
Barks
INTERNATIONAL BANKING
DOORPORATION.
Hard Dice)-46, Wall Street, New York. London Olsen žujć, Hinkopag
MBRANOHES
Bombay Calcutta Ceniza
Hongkong
Jankow
Capital and RasaPYA UNAI buy about
Рапала Piking
Banks
HONGKONG AS SHANGHAL
BANKING CORPORATION:
PAILUP CAPITAL
ARNERVE FUKDO
TT. Stri
Selling
REZERVA LAKTETY
NO PRI KORE
San Francisco
Shanghai ch
Yokokaasa
· Copse of DrEMUZIKI E. Bhallin, Mage-Chalamna
Deputy Chairman
TT. Blagepor
TE, Japanie T/2. India
Hon, Kr.G.H. Bom Desad, Manila H. A. Hiem, Eng
Wil Pattondemad, India.
EVARY DESCRIPTION OF SANKING BUS.) F. H. Armstrong, |NESS Unamcted.
CURRENT ACCOUNTSepined on the mus! | Andrew Forbes, Eng.
F. Doda SPORTS DEPOSITS RECEIVED, Exed for one year at G. Finland, Earı, spar Roses, or for shorter periods, at rains, which | O. EL Grubbay, B
be acetaload on spplication MILES NEGOTIATED COLLECTED. G. R. Larms, Eq. MAIL and TELEGRAPING REMITTANCES mada.
In China, as is well known, salt has been a Government monopoly for three thousand years, and the Ball-tax forme, with the ground-ay tar, the lekin and the maritime customs, the chief income of the stalo. Import of salt into China is forbidden by treaties with the Powere, and all the salt tel consumed by the population
sea-water,
is derived from salt-marshes or salt-springs, If one goes by rail any time during No. 1 now 350 per coy. April to August from Peking to
cont. basis
82.00
Suau
20
8.76
Rumbong 120
small peari
India Rubber
225.
mod. pearl
8.10 Ratthas"
11.20
15
Tin
114.00
Coarse
10.00
..
"
Opium, China
Straits
Rico, Rangoon White
220
1
"
11
#
Rico, Niam No, 1
320
O whole 205
ይነ
H
do.
No. 2
200
1
170
11
H
'Petroleum.
Chin Seng Rioo
Oil (2 tine)
3.42
Rico Siam
tips)
3.11
1 330 2 305 Rice Rangoon No. 2 1.80
No.
17
"
10
Fish Brand (2tins in onso nt
3.15
#
at 3:15 Bintong
13
3.15 |-
Broken
nt
3.00 Paddy...
Bran, No. 1 2
...
***
Dovoe's Imp. Brilliant
Sylvan Arrow Oil (2
Oil ..12 ting LampGlass 12tinsincase at
(superfine) 12 tins
Langkat's (2ins in onso at
12 tins
Brand
Dragon
Bulk Oil por drum of 4
galla
Pulvo No. 1...2.55
...1.95
...1.25 old orop.
135 per coy 3.05
3.35 per bag 3.20 at 2.5 Dovos's Onil-
...$1.64 per tin Sylvan Arrow Oil 1.44 per tin at 2.55 Dragon Brand Oil 1.52) por tin Cross. Oil (2 tins) nt 2.75 Langkat Oil in
Bulk.
1.27 por tin Turpano per lind gallons at 2,600
Langkat Oil (Lamp-
glass Brand)...$1.05 per tin
September Rubber Returns.
Lumut.18,4041b.
.
1+0
United Serdang-50,380 lbs. Langkat Oil (Cock Sialang-14,785 lbs. Tandjong-13,134 lbs. Glenshiel.-16,216 lbs; total, for 9 months, 115,904 lbs, total for same period last year, 55,101 lbs.
Inel Kenneth-21,000 lbs., total for four months, 88,830 114, total for samo poriad last year, 59,504 lbs..
Soromban.--1011, 30,317 lbs., 1912, 41,087 lbs., totul for. nino months to date, 1011, 258,204 Ibs., 1012, 305,800 lbs.
Bukit Hitam.-2,216 lbs., total "for six months to date, 10,700dba.
Shanghai. Share Market.
57 oasli.
.
tin
1.47 per Brand) Langkat Oil (Crown
Brand). 1.473 per tin Borneo Oil (Cross
Brand)
1.40 por tin Daron's Oil...$3 30 per ouso 1 Sylván Arrow
Oil.. $3.02 por, 0.90 Gun Brand Oil$1.05 por tin Watch Brand
...77) ots, por
Oil Umbrella Brand
Oil
tin
...70 ots per tin Rubber Duty,
#
Ex Godown
For the period from 4th to 17th October, 1912, inclusive, the duty Since the issue of our last ro- on cultivated rubber on which port the local share market re export duty is levinble on an ad maine dull and insutivo. We valorem basis in accordance with regret we cannot record the better the Rules under the Customs feeling which existed last week. Duties Enactment will be assoss Langkats have declined to Tsed on the following prices:-
Sheet and biscuit 8225 per pikl
230 Sterling Quotation :-Tho T, T. | Fine crepe Bate on London to-day is 210-5/8. Best scrap in orope
form Business Recorded:-
...215 oropo October 4th:-Kung Yike Tla Bark scrap
form
...200 13 cash. Sonawanga Tie. 21 cash. Anglo-Dutch 1.30 cash. Kamunt Rough nutrented
...185 ings Tla. 7.00 cash. Bates Tle. 3.10 cash. Sungei Duris Tle. Rambong unirent- 6.1-4 cash. Amherste Tls. 3 1-4 cash (ex, div) Consolidateds Tla. 3.85 cash, Chomora Tls, 1,12.1-2
The following is the result of Ooshi. Karans Tin. 9.1-2 cash. crushing oporations at Raub for
sorap
ed
in
...185
Raub Gold Mine..
??
LETTERS OF CREDIT and DRAFTS grasüd on all the principal cities in the World
s
I
THE TANKE CIRCULAR LETTERS OF CREDITS symlabés (all over ike World.
COMMERCIAL LETTERS OF CREDIT PURCHASE aid BALE of Stocks and Kharts
TRAVELLERS CHECK), sold and cashul.
A GEORGI KOGO,
Manager.
9. Queon's Road, Hongkong. Hongkong, 29th July, 1912 [19]
THE
LIMIT.
the favourite North-China bath YOKOHAMA SPECIE BANK, ing resort Peitaiho, the Chinese method of obtaining salt from
Established 1880.
CREP. MaxAQTII Hongkong ---N. J. STAND.
ACTING MANAGER, SHANGHA¡—A.' CL`SYEPMEX,
Longer Bazumi--Lozion· Cooner: AND WRENERutan Baxx Later,
Exchange
}4 m/s, DP
6 mja: Lijo
30 da. Sydney
30 dân. Bởi Phoà . Nh
1 m/s, Marko
"A mja. F'maon
100
m/s to
158
168 Bar Silver, ready.
100₤
Forward
T/T, San Francisco and New York 49}| Gold Last par taal ET, Java kronuntios 1231. Bank of England rate T/T, Marks H
Subsidiary, Coins.
Discont per $160
- Ơn Cheraní, Antonio að kha zem of i per CH. Chịpes...20 čís. Dr Autumn at khe tally felasOR,,
•:'ON FIXED DEPOSIT 2006: A Mački, 256 por Conk, yoE ANNAME":
"True - 4 months, 1)d van Chicó, 100 ANSÍNUM. Ten 12 mouth, fphe Desk, per ÅKNER.
VÄÄN, J. STAKE, Chief Masagne
HONGKONG BAVINGS BANK.
AUTHORIBED CAPITAL You 48,000,000 | Te Busloma of the abers. Bank l
the sea may be observed from the not very rapid trains along a Paid-up Capitaŭ .... considerable stretch of the conat | Úsezars Ford of Chibli. The salt is obtained there, as recently in the Bay of Kinochou, almost exclusively in
hlause10
Bongtong.20
Hongkon 4.11
Opium "Quotation.
Malwa, Now ... 3,195 Malwa, Old,.................... 5,400 Malen, V. Old... 8,025. Persian, fine quality 1,459,
Patan, New... 1,960
Pains, Old ...... 8,850 Benares, New 4,085. Benares, Old...
****** 4,000
SHARE REPORT.
14-74234
80,000,000 17,500,000
conducted by the HONGKONG AND SHANGHAT BANKING CORPORATION. Bes may be obtained
depoltu, is' allowed
E-BILLERS
on the solnímum monthly balinaca `st°°#2) Pan Omar, þær annum.
Brocka i Zais OF TALUK
CLONING
BANKS.
Load Offioa-YOKUHAMA,
Branches
Unkow
the months April to August as Antung-Hsion the evaporating process goes on so Bombay much more rapidly in the hot son- Calcutta son. At high tide, after the banoh Changdon laas been carefully cleaned of all Deirea Fong: refuse, the sea-water is raised from the soa in curiously-shaped Honolu Yessels and poured very rogu Kobe larly over the carefully prepared Lino-Yang surface. In the evening this salt London, soil is shovelled up and brought Lyon nor day to the furusoos which prepare the brine after a primi tive fashion, and daily produce about a ton. The brine is brought to the boilors and there boiled fora day. According to Chinese data, 600 pounds of the best brine yield on the average 150 pounde of pure salt.
The Centre of the Trade,
The chief centre of salt production in the interior of China fios in the salt marshes of Shausi Province, about forty miles from Pinyang-fu. They produce yearly about 140,000 tons of salt, whilst, for comparison, it may be mentioned
that the
Angenalen t
Nagasaki -Newchwan
New Yorkg Osaka
Pekin
San Francisco
Ryojun Port (Ar
thur)
Shanghai
Tichling
Tientsin
Tokyo
INTEREST ALLOWED OF ÜRREET
Ασσοτητ. Deposita ricaived for fixed periods si rates to be obtained campplication,
TAKEO TAKAMICHI,
Manager.
Hongkong, 1st April, 1912.
18
Public Companies CANTON INSURANCE OFFICE,
LIMITED..
Daposlion may transfer si theli əpilon balances of R100 or more to the HomeKZINEGA AND BLAMERAY BANK to be placed on FIXED DEPOSIT at 4 Fix Quar, por Hongkong & S'hai
For the HowardW. AND ENAMORAI BAMEDIO ComPORATION,
N. J. STABB, Chiaľ Msongs | Cantons
8810 ®
$125
482
KARINE, INSURANCES,
850. $255
25
|T140-
Jaloss
8100
$820
Yangtzer
250
$1871
FIRE INSURANCES,
$20
$185
b
$50 8855
THE CHARTERED BANK OF North China-
INDIA AUSTRALIA 'AND.
CHINA
INCORPORATED BY ROYAL, CHARTER 1858,
UBAD OFFICE ——LONDON. CAID-UP CAPITAL 1,200,000 Angerva Ford 1,650,000 Susava LIABILITY OF
PROPRIETORS ..................£1,200,000
Manager,
China Fires Tongkong Fires
BRIPPING.
825
Chins & Manilas Douglas Bionships $50 $25 Steambosta
$15 1828 Cado-Chinas
and
(Preferred) (Deferred)
t
FOREIGN EXCHANGE General Banking business transacted.
CURRENT ACCOUNTS opened" NOTICE TO SHAREHOLDERS. and FIXED DEPOSITS received for THE THIRTY FIRST ORD 1 year or shorter periods at rates which
NARY MEETING of SHARE | will be quoted on application.
W■. DICKSON, HOLDERS will be held at the Offices of the andersigned on WEDNES famous DAY, the 23rd instant, at Noox. Austrian salt mines of Wieliczka, Company will be CLOSED from near Cracow, produce hardly (9th to the 23rd kostant, both days is- 50,000 tons a year. In the great olusite, province of Szechwan salt in
JARDINE, MATHESON obtained from salt springe,
& 00., LTD., especially in the three districts of
General Agents. Kiatin - fu Tadinching,
and Hongkong, 1st Oct, 1919. Paoning-fu. The salt, obtained by a simple process from these Public Auction. springs, is sold for about jid, to 7-10d. per lb.
The TRANSLER BOOKS of the Hongkong, 11th April, 1912. [27
EUTSCH ASIATISCHE
North Chinas Tis. 140 cash. the four weeks ending 5th Octo-five in the south; with the Tramways Tls. 57.1-2 cash. Tole-ber
Bukit Koman, Stone crushed phones Tis, 69 cash.
October 5th-Kung Yiks Tla. 4,427 tons; Gold obtained 892 13 cash. Langkats T. 58 cash. onnces; Average per ton 4.03 Pongkalans Tls. 16.1-4 cash. dwt. Consolidatede Tls: 3.70 cash.
Bukit Malacca. Stonocrashed Padangs Tls. 0.3-4 cash. Yangtee 1,000 tons; Gold obtained 130 Insurance Tls. 187.1-2 cash. ounces; Average per ton 1.32 Philippines Tls. 3.1-4 cash. Hall dwt. and Holtz $19 coul.
PUBLIC AUOTION.
718
MR. GUO. P. LAMMERT by received insimation to self by PUBLIO AUCTION
OK
TUESDAY,
the 2nd October, 1912, at 8 r.
at his Balea Room Dullell Street The following VALUABLE LEASEHOLD
PROPERTY.
..Y
DE
BANK.
Capital FuLLT '
Paipur......Sh. Tasis 7,500,000
Hinad Orsion-ŠHIYOKAI, BOARD OF DIRECTORS—BEALIN, BRANOUN:
Berlin.
Shell:" Transport
"Star Forry"
REFINERIE,
($86
105/6
11 h #1046)
400
China Sugars Luson Sugar
$100 $108 8100 88
b.
Ikinas Engineeringe - $1
Tronoha
75%
Raubs
41 $8.90 DOCK WHARVES, & DOWNS Kowloon Wharfe
#67 b H. K. &W'pos Docks $50 50 Thanghai Dooks T. 100 1.50 Blongker Wharfi · T. 100
T.00
LANDS, HOTELS & BUILDINGS, Anglo Frenob Land T.100
T.94
$114
Hongkong Hotels
$80
$74
Hongkong Landi Humphreys Estates
$100
$108
Konbon Lands
$10871 $3085;
Onuzgon Baxx (Bautis), Lorvos | Thanghai Landa
T. 30
[T.36]
Δαπιστι
DIRECTION DES DEBT Gest Points
· 850
856
108ATT.
P.8
COŚNON MILLSİ
1. 50. T.101
.. Calcutta. Canton
Hankow .Kobe
Hamburg Bingapore Tisntain
Peking Telosafa Tdingisu ** Yokohama LONDON BANKERS": Messrs. M. Borusan & Sore Tan Urior of London and SMITE's Bank, Lawiran.
For the purpose of the salt administration, all China is div ided into seven great districts, two of which lie in the north and regulation that salt produced in any one of those districts eksil not be sent to and sold in any other. All the salt produced in Chins must be soid according to LOT :-: the regulations to the Govern ment commissioners or to special merchants licensed to purchase who for this privilege often pay more than 15,000 dollars. The The East Asiatic Company's much as it goes through the
sale is, moreover, limited, inas- Kowloon Inland Lot No. 1,180 Tls. 67 and 67) cash. Soy Chess Daily Report for October 8 saya hands of the Salt Administration may be had from the Tls, 35 cash. Samagagns Tls.The market in London, yester-agents who keep the salt in bond 0.62) and Tls. 0.55 cash. Ayer y was quiet, with declining until the sale. Whilst the price of DEACON, LOOKER & DEACON THE HEROANTLE BANK OF Dairy Far
October 7th-Contral Storen
8 a/o debs. Tls. 00 cash. Langkats
Tawaho Tls, 134 cash. Consolidat- oda Tle. 3 cash. North Chinaa Tis. 140 cash. Philippines Tle, 8 cash. China Flours Tls, 13 cash.
October 8th: H. and S. Banka $800 cash. Ewos Tle, 103) caslı, Padangs Tis. 9 cash. Tanah
London Rubber Market.
tendency. The closing prices production often amounts to only
wero:--
Hard fine Para spot... 4/01 Hard Ano Para forward 4/51} First latex orepo, delivery next three months Japanese Yara Market'.
414
Nos. 19, 21, 28 and 28 Shelly Street, Visioris, Hongkong. LOT 8;--
Kowloon Inland Lot No. 1,179
LOT
Particulars and Conditions of Exis
Vendor's Solicitors,
No. 1 Des Voeur Road Central, Hongkong
and also from the Anctionour. Hongkong, 10th Oslober 1912, [748
1.
Notices
No. 1982.4m
INTEREST allowed on Carrend | Manila M'pole Hotel P.10 Account, DEPOSITS received on tera? whlab may be learned on applicationt Every description of Banking · sàn Exchange business transacted.
B. TIMMERSCHE+DT.
Manager. Hongkong, 9th Oct., 1911.: [2
INDIA, LIMITED.
:
wo Hongkong Osttous.
MISCELLANEĢUS. China-Boraco
$1084.8)
$12 89.85 Light pad Power101gb
Do (Sped, shares) $1'] China Providenta $10-18-1 n.
Green Islands
Autised Oapital...61,500,000 Blogkong Electric 8cribed
Reserve Fund,iù
HEAD OFFICE: 40, Thresdneedle Street, London, RD. BRANCHES 1
Bombay.
Valoutla, Howrah
-BUYERS
SATT DEVENDERA AND DATE.
£2.0.0 at ex 3/1/18 equal to $19.95 for your ending 80-8-19-
$10 for 1910
Interim of 10/- for 1911. Final of $20 making $50) for 1910 and Intesica of $50 for 1911- 813 for 1909 and Int, of)
$5 on account of 1910]
87 & b's of 2 for 1910
27 for 1910
81 for 1908
5 p.o. for your d'g 80-6·13: Dividend of $1 for half) Joar ending 80·6·19° 8% for your 1910 on
preferred shares
' 8/-per' shams Coupon · No'
14
18 p. o. for year ending
80.4.13
$5 for 1911
$5 for 1897
1/6 per akam final 1911
(Coupon No.18)..
18. 28. per share on 180,005 $8 for your ending 81.12.11 01: 'final dividend for
Jear 1912
The 8 for 1911
Final of Tis. 5, making Cla
· for1.191
T. 29-2-10
$8 on old shares, $1.50
on now abares for half
year 30-619
Interim div, of 883 för 1918 40 cents for 1911 $9.76 for 1911
#5% for hall your to B0-6+12;
Interim div, of $2 for 1939.
15 per cent, for 1810
Tá foryour ended 31-10-10- 27 for yearanded 20-12-16) 50 centa 31.7-08:
$1 for 1911
70 cents for 1911
$1,25 fər ymişnd'′g,31+7-19'
Interm of 83 for 1912,Ƒ/
1'inferim sount 1913
Interim div, T.1, 15-8-13
| Interim dir. T.1, 15·8-13
''Do. T:1; 159-19. Hóna
-50% menta on fully-pal
shares and §onents on 81 paid shares for pai miding 204-12
· Nomura b $1.50 for 1910
$10 $3.40 b. $10,
40 cunts for 1911
$140
662,000 Hongkong Loan
365,000 Hongkong Ropes
$10 $19
Langkate
10.
Kandy, Galle
Morning Fort
Singspit Penang
|
Punk!
& Tramway
Kota Bahru, Kelantan.
·Kuala Lumpur, F.M.8.
Hongkong.
Phillipidnos
$10.
Shangbal
Bank of England. !
Boalita den Prům 8501
Polpes
880] *Explortadien
da Tond
Breßi8160 Hanghal-Humatra T. 20 T110
London Joint Stosk Bask; Lkl.
E
810-3 8975
15 to 20 cents per hundredweight, the selling price in many districts is five times as groat, Exaot atatistics are not obtainable, and the following figures of the Peking representative of the "Kolnische Zeitung" are only given as cati- Morsha Tis. 31 cash, Shanghai The Osaka "Mainichi notes mates. The annual salt con- Malays Tle 6 cash. Kamuntings that the new contracts for yarns sumption of China is estimated GOVERNMENT NOTIFICATION Tla. 8 cash. Amhersts Tis. 3 for export have been smaller in at about 1,500,000,000 kilogram- sash, Consolidated Tis. 31 and the past two of three months as mes; the salt-tax revenue 2000 BEALED TENDERS, which ads T18 HEREBY NOTIFIED that Dalal, · 3.80 canh, Anglo-Dutch Tis, 1, 40 heavy forward contracts were sent amounts to about 85,000,000 cash. Butas Tle. 3. 15 cash. signed previously. Now that the taele. Experts have reckoned should be clearly clearly marked ** Tan- Karsobi. Shanghai Klobangs The 2 cash. yaras to be delivered during the that by a proper administration der for Medical Department Contract, Rangoon. Wooks $22) cash,
course of the year have all been the revenue could be so greatly will be received at the Colonial Beer Oolombo.
Lay's Office until Noor of THUES-20 AGENTS IN JAPAN October 9th-Langkats Tls. sold by exporters, negotiations increased that the yearly income DAY tho B1at Ostober, 1912, for lan 67 cash. Consolidateda Tle. 3. 80 are beginning for forward con- from the salt-tax would amount Supply of Aerated Water Bedding Mamers, Jardina, Mattawa & Co, Ltd, cash. Chengs Tis. 4 cash. Domi-tracts to be delivered next year to from 120,000,000 to 130,000,000 Clothing: Beers, Spirits, Wizion, old-1 nions Tls. 20 cash. Green Islands In the past few days about 10,000 tela, from which the Government Brits of Wine; Chemloals. Diagia Tle. 3 cash.-J. P. Bisset and bales were contracted for, to be could derive a yearly income of Burgical Instrumets and Bundrisse,
·Co...
delivered from January to June at least 50,000,000 teels The Farullure, etc, i Milk, etę. Pior
Sobodalej! Bundries and Washing next. The prices were you 140:50 Japan Herald,"
No 1 to 10) requited Department, for the from the lit of Jadaki
Fortform of m Colesal Inform Prind
Setember Tin Output, The output of olean tin ore for the 20's of the Fukushima from the Kints Association, Ltd.. mill for delivery, February, and for September, wasmins 240 March next yen 148 for The piculs, tribute 614 pinals, totalBlue fish" brand of the Kane 764 piouls The output of ore afuchi, and yen 140.50 for the from Kanobai, Ltd., for Septem- Standing Horse" brand of the bor, was -mine 15 pleals, tribute Amagasaki, for delivery in April, 200 pioals, total 276 peala The May, and June. The rates quoted
the Rebroan: Tin Co., are much lower than the god
Szia berasan 768
China's Estimated Rice Crop The Department of Agriculture and Commerce estimates the
gate, outp Grop
BANKERST