COMMERCIAL)

Commercial Openings in China.

Tho "Bulletin · Commercial"

CANADA'S GOVERNMENT

RAILWAY UNPROBIT-

ABLE.

The Canadian Government railway cannot be said to be profit-

THE HONGKONG TELEGRAPH, THURSDAY, JANUARY 9,- 1918.

Entertainments

THEATRE

ROYAL

(Brussels) notifies, on the authority able.. Usually there has been a RETURN VISIT OF THE of the Belgian Legation at Peking-leficit which the national treasury that there are considerablo, open-has had to supply. This is due ings in Ohina for furniture sul

EMINENT ACTOR,

AND FULL LONDON co. Including the Talented

Actress M MISS FREDISWYDE HUNTER-WATTS.

For Short Season Commencing on Jan. 6th,

other utensils necessary for the the nature of the country ALLAN WILKIE equipment of hairdressing saloons. through which the road runs, the The reason for this is attribute apsojentific ronto it takea for com- mercial purposes, the peculiar to the fact that, whereas formerly local accommodations which it these saloons wero patronisel chielly by foreigners, Chiges gives thin proplo, the severe water have of Into tuken to the habit of competition from which it suffers, of having their hair closely cut in freight, and, until recently, the its lower rates for passengers and the European style.

inability of the government to maintain the strictest basinoss management on account of the "politics "with which it has beon shackled.

Chinese Finance-Meeting In London.

As a result of the conferences that have taken pluco iu Poking between the representatives of the

Yot, with all these serious draw- backs, the not earnings of the road,

TO-NIGHT.

THE LIARS

JANUARY 10th

Banks

INTERNATIONAL BANKING

CORPORATION.

Broad Office-Boy Wall Street, New York, London Officek, Hishopsgate, K.C.

BRANCHES 1–

K.

Bombay

Calcutta Cantos Caba

Colon

Empire

Langhong

habkow

انس 20

·Mazicu

Panama

San Francisco

Shanghai

Yokobama

Capital and Reservemmering#7, olü,000 (Guld)

about...žī×450,000 EVERY DESCRIPTION OF BANKING BUSĮ. | NESS transacted,

CURRENT ACCOUNTS opened on the usual

DEPOSITS...CEIVED, Gand, for one year at 4% per annom, ae for shorter periods, at råten, which may be ascertained on application.

"KILLS NEGOTIATHÉ 234 COLLECTED.

MA TELEGRAPHIC REMITTANCES

made.

LETTERS OF CREDIT and DRAFTS grated on all the pricipal cities in the Worki

THE BANKS CIRCULAR LEITERS OF

| CREDIT_ar available nŭloser the World, ye

DOMMERCIAL LETTERS, OF CHEBIT

Laaned.

Six Power Group and the Minie-paid by its managers to the Re- ter of finance, certain verbal un-ceiver-General last year, came to Mrs. WARREN'S PROFESSION PURCHASE and SALE of Stocks and Sharm

JANUARY 11th TWELFTH NIGHT. (Matinee)

·SCHOOL FOR SCANDAL (Evening) JANUARY 18th

(SALOME

JANUARY 14th" TAMING OF THE SHREW JANUARY 15th

derstandings were arrived at, and more than £120,000; and this it was decided that a meeting, bo in spits of unusual expenditures hold in London. This meeting on bettermonta and increase of was held on Dec. 13 in the offices employees. For example, within of the Chiness Central Railways, the last three years the wages of at 3, Lombard-streat," and was the road's employes have been attended by the principals increased £60,000 and the num of the Six Power Group. Aber of men in the road's shops the Times correspondent at Pek has been doubled. "Of course, in iug puts it: to them is confided computing this net revenue, no the important take of deciding to interest was charged off againat what degree they are prepared to capital account. If the road had THE SECOND Mrs. TANQUERAY supply Ohina's requirements for had to pay interest on bonde and ready monoy pending the pro-dividonds on ita stock more than blematical date which it will £18,000,000 that has been spent bo possible to float a loan. The in its construction and equipment, subject is of extreme importance, the revenues of the road would as the fa 'ure of these negotiatious not nearly pay its expenses.- may lead either to the bankruptcy Albert J. Beveridge in Rovinw of of Chius or to the disappearance Reviews.

of the international unity which is

the best guarantee of a prosperous

futuro. Apart from, this, anottier

`mation that has been interesting la section of the public is as ti the futuro constitution of the

Astorbey,

Notices

NOTICE.

NOTICE.

[1017

avtaly.se that our busi- nos has from this day. converted into a Private Company under the style of

British element of the group have from this data cunced to Rumour na it tint the British V.V set as the General Representa section is broadened in the directives at this port, for Messrs The Nestla tion of the formation of a strong ad Anglo-Swiss Condensed Milk Co. financial syndicate to co-operate and to bunget hold their Power of with the Hongkong and Shanghai Mr. ALAN GRIFFITAS COP- Banking Corporation in any PN bring reedicome in with Chinese loans which may be

ur fin, no luga: holds nur Power of placed upon the market hore in torney. the future. In this connection the

BRADLEY & CO. namos mr st prominently option Hongkong, Jet Jan, 1915. ed have been those of Messrs. J. Henry Schroder & Co, and Baring Brothers, Parts Bank and the London Couaty and We-t- minster. If such proves to be the case we may remember the W Hongkong and Shanghai has, as a result of all the sowing it has done, a great claim to

pre eminent rights in view of its his- toric associations with China." These are fully recognised in financial circles, but others felt that all the circumstances of the caso called for British finance being more completely represent ed. We understand that Mr. Birch Crisp ins not waived Clause 14 of liis contract, but that he has sinted negotia- tions are in progress." When negotiations were resumed with the Six Power group, the Far Eastern Agency states the con- sortium proposed four points. (1) The Chinese Governident to designate special negotiators | authorised by the Minister, in" order that negotiations may be

BRADLEY & COMPANY LTD,

Our Senor Me. Thoinas William Richardson will be the firt Governing Director.

BRADLEY & CO. iwstow, Hongkong and Shanghai

31 Decouver, 1912 Hongkong, Est. Jau 1918,

TE

NOTICE.

[1018

WE have this day taksa over the

business of Bradley & Co. BAULEY & CO., LTD., Saalow, Eangkong and Sh-nghai (tek'daunary, 1913.

NOTICE.

[1019

carried on with responsible per- THE NESTLE AND ANGLO- sons. (2) The Chinese Govern-SWISS CONDENSED MILK ment to annul article 14 of the

Crisp Toan, which gives a prefer

COMPANY.

ence to the firm for loans. (3) Cuaw (Switzerland) and i oxoox, beg The Government to demonstrate enounce that tay baye This Day to the consortium the orgaaien Established in Hongkong a WHOLE- tivn and working of the SALE and SHIPPING DEPOT Audit Bureau that the ader the management of. ALAN Gu Frits Corris, who holds the Coma

kong oud China.

80

consortium can appreciate the pany's Power of Attorney for Boug guarantees thus provided.

JANUARY 16th

THE CARDINAL JANUARY 17th TRILBY.

Curtain at 9:15 pm. Sharp.

Matinee at 3,50 p m2

Prices: $3.50, 3,00 2.00 and 1.00. Soldiers and Sallors in Uniform 'Half Price.

9.15

+

LATE PEAK TRAM.

Booking at MOUTRIES

BIJOU.

TO-NIGHT

ALL NEW PICTURES. Two Sets of Keys (Comic by Prince),

affected.

TRAVELLERS CHACKS sold and cashed,

GORGE HOGG,

Manyar.

HONGY

Banks

NGKONG 'HS SHANGHAI BANKING CORPORATION

PAIDUT CAPITAL RESERVE FONDOS

EXSEKYK LIS DILETT, OF

PRUTONS...

Согат пр 17твтожа

T/T. 413,300 Demand

15,000,000 30 d/s 17,000,000 60.d/s 312,00,4 m/s.

R. Slim. FrChairman

F. H. Arratzung. En

8 Dodwell, En.

G. Friesland, q.

08. Gabbay, F.

G. B. Laurens, £•q•

"F. Lieb, Eng

Deputy Chairman W. L Pattenle

A.Flummer, E., Hon. Mr. H. Ho H. A. Hofs, Eq

Carey Manage

Acrug Mananax, SHANGHAI-A, O. STEPHEN LONDON BANK-LONDON COUNTY

·AND WHIM) metru. Bank LIMITED..

Baas-THIKARET ALLOWED. Un Current Assonata as the meat à par cos

'ser å saga on the daily baiano,

ON WIRED. DAPOWITEI PETER MODIIN, 216 par Cint, per ÅBNEM,... Par #months; Bé par Ovat, páx''áznam, Pisanju, a par Clegs; par kasten,

N. J. STARE, Chief Manager.

HONGKONG BAVINUS BANK,

9, Queen's Road, Hongkong THS Budnew the above Bank i

Hongkong, del Nor., 1912-

AND

conductal by the HONGKONG GEANGHAT BANKING,

[CORPORATION. Bales may be obtaine

un application.

INTEREST deposita le allsveć

on the minimum monthly balaneca # Pra CEST Fir

M

!

Depeditors may tracefar at thala aptin And Beanbitar BANK to be placed FIXED DEPOSIT at 4 Prs CNY, P

Exchange

Solling.

Buying.

.2/- 15/164 m/s. L/C

...2/1

2/1.1/16

...2/1 9/16 2/1/11/16

T/T. Shanghai T/T: Singapore T.T. Japan.... T.T. India Demand. Indio... Demand, Manila

14 m/s. D/P

2/146 m/s. L/C

12/134 | 30d/a.S'ney & Melbourne 2/1 13/16 712430d/e. Sang New York. 516 88744 me Mar#R···

10114

.15432

4 m/s Rannat stan

165 6 m/s donwlker....st... .102 BarSilver.feadet, si

forward anwen

T/T, San F'co & Now York...504

T/T. Jaya

T/T. Marks

T/T. Francs

Subsidiary Coins,

Discount per $100

.125

Gold Leaf per tael.....

21214 | Bank of England rate. 12.6212 Sovereign

Chinese...20 cts. piecos...$64

Chinese...10

21834

Porsian, Enequality 1,450 (1

Malwa, Old Malwa, V. Old ..

3,100

3,625

....$6 9/16 $336

Patna, New

3,600 per che.

Patna, Old

******** 3,500

Hongkong.20

Hongkong.10

Opium Quotation.

Malwa, New.

3,500

...86 7/16 |*****

Bonares, New..... 3,700

$3,000 per pic. Benares, Old....

SHARE REPORT.

SA-SALE

$-SELLEKS

Stocks, & PAID UP Valur.

CLOSING

BANKS.

YOKOHAMA SPECIE BANK, 100 or more to the Horizon Hongkong & Shai $125

THE

LIMITED.

WIN

Reserve Fund.......

Established 1880. Authorised Capital Yon 48,000,000 Paid-up Capital

30,000,000 17,500,000

Head Office.--YOKOHAMA.

Branches Antung-Hsion Bombay Calcutta Changchun Dairen Fengtion Harbin Hankow

Agencies at Nagasaki .Newchwang

New York

For the HoruxoN AND SHANGHA Banxize CoAPORATION,

MARINE INSURANCE Cantons North China

N. J. STABE, Chief Manage: | Unions

THE CHARTERED BANK OF INDIA, AUSTRALIA AND

CHINA...

Incorporated by Royal Charter 1853.

Yangtzes

$825

£83/10 $50 $26712

£5 T1344

$100 $815

FIRE INSURANCES.

China Fires Hongkong Firos

SHIPPING,

£50 $1924 b.

.9.

B

$20. $150 $50 $385 China & Manilas $25 $10 b... Douglas Steamship $50 $3414

די

Osaka

HEAD OFFICE, LONDON. Paid-up Capital.

Pekin

Reserve Fund...

Ryoiun Port

(Arthur)

Reserve Liability of

Proprietors

£1,200,000 Steamboats £1,650,000 Indo-Chinas

..

San Francisco.

£1,200,000 (Preferred)

(Deferred)

$15 $28

£5 1885

b.

9.15

Honolu Kobo Liao-Yang London Lyons

Shanghai)

114/

Tiehling

Tientsin Tokyo

£11

$10 $32

A Generous-Hearted. Woman

(Pranis),

The Barber's Wife

(Counte),

A Helping Hand

(Cornio),

A Day Off

(Comic).

Miss BARROLA (Acrobatic).

7.15

AND

Miss ADA ROWLEY ·

(Balladist).

'MIss GLADYS SPENCER (Sonbrette).

Miss DOLLY SWIFT

(Lomedi nao). PICTURES ONLY

7.15

VICTORIA THEATRE.

SATURDAY 4TH,

Debut of the

GIBSON GIRLS,

Great Enecess of

Miss NELLIE MAHER.

Look out for this Wonderfu. Futuro.

Faults of Others;" in 3 parts.

Notices

NOTICE.

SCOTI

Interest Allowed on Current Account,

FOREIGN EXCHANGE and Shell Transports £1 General Banking business, trans-. acted.

CURRENT ACCOUNTS open-Star Ferry ed and FIXED DEPOSITS. re

ceived for 1 year or shorter periods China Sugars

REFINERIES.

at rates which will be quoted on Luzon Sugars application.

MÍNING.

Deposits received for fixed periode at rates to be obtained on application..

Telephone No. 1873, Codes: A.B.C. 6th and Westora WB have admitted Mr. JOHN

Union.

HARSTON Cable Addros Netanglo Hong-paridor in our firm as from this date, which will hereafter be carried on under kong.

the name of DEACON LOOK ER NESTLE AND ANGLO-DEACON and HARSTON, SWISS CONDENSED

DEACON LOOKER & DEACON. COMPANY, are the Proprietors of:

Honkong, 1st Jon,, 1913.

[1020 (Con ansed Milk

Storiliard Natural

Mik..

NOTICE.

MILK

(4) The project of the reorgani The Hongkong Office is situated on sation of the salt tax shall not Third Floor of General Post Office: necessarily be connected with the Buildings. Customs administration. China may, herself provide for this, but she shall engage, herself to em- ploy Europeane as inspectors, under the authority of Chinese directors. The Chinese Govern-THE ment declared itself satisfied on the first point. On the subject of the second, the Hongkong and Shanghai Bank must negotiató an agreement with the Crisp firm, an agreement which China would ratify The Chinese Government also accepts points three and four. Thus the only matter in suspense is the Crisp question.

The Rance of Sarawak,

The Rance of Sarawak, gave a

MILKMAID

NESTLE'S

Etaporated Croam. Cofeo and Milk. Cocoa and Milk: Chocolate sad Milk, Condensed Milk. Milk Food for Infants and Invalits Cocos. Chocolate. Bonbons,

Christmas ten and entertainment | PETER'S MILK CPOCOLATE. in the patients of the Royal ROULER'S CHOCOLATE. Hospital for facurables, Putney OAILLER'S CHOCOLATE. Heath

Hongkong, 91st Dys, 1910

NOTICE IS HEREBY GIVEN

TAKEO TAKAMICHI

Manager.

Hongkong, 1st April, 1912.

[18

WE

Notices

NOTICE.

JE tba naderrigued beg to state that we have taken over the proprietorship of the Bon Vista Hotel, Matso, from the 1st January, 1918, and thòngh, wa beld unrelves respinsi- ole for all debt-coutmasted from that date in connection with the Hote', wa do not hold or accost any resposibily for ay debts contracted provious to that

that Mr. JOHN SOMERVIL LE DOBIE has joined me in partner- ship in my business of a Share and General Broker as from the lat Jong- ary 1918, which business will ne here- toforo be carried on under the name of VERNON AND SMYTH."...

Dated the 3 at December,

12.

FRANK 8MYTH.

Jato.

G. A. WATKINS, HARRY KELLY.

LONGKONG FOOTBALL: CHALLENGE SHIELD,

ENTRIES for the above competit

will cloin on Monday 13th inst.

A meeting will be held that orening in the Y.M.C.A. 100m at 5.80. make all necessary arrangements.

Esch team entered is invited to send a represoatatire.

A. HAMILTON,

Hon. Secretary.

THE CHINA PROVIDENT LOAN AND MORTGAGE DO, LI.

(Capital Paid up...$1,250,000.)..

Capital Fully

BANK.

$100 $111 5. $100 $34 Wm. DICKSON, Chinese Engineerings £135/--

Manager. Hongkong, 11th April, 1912. [22 Troughs

£1.77/- Raubs

£1 18434 DEUTSCH ASIATISCHE DOCKS WHARVES & GOWNS.

Kowloon Wharfs $50 - $77 H.K.&W'poa Docks$50 $57 Shanghai Docks T. 100 T63 Hongkow Wharfy T. 100 T.103

LANDS, HOTELS & BUILDINGS Anglo French Lands T.100T.94 $115 Hongkong Hotels $50

$73 Hongkong Lands $100 $105 Humphreys Estatos $10 $812 Kowloon Lands $30 $36 Shanghai Lands T. 30 T. 89 West Points. $50 $57 Manila M'pole Hotel P.10. P. 8.

emna nå. Mangsgrol House Property,

Fonds modrý, in Biomge. Advancen maca Merchandise, traps. made on tq1 Prövideŭt Bystem, Rates and Particula:.pnpplication).

Tan Orgian đựn TRUSTEE EXECUTOR OF

- WILLS, ATTORNEY, &c.,

· ` Undertaken und Executed. \

BHEWAN, TÜMES”♣; To...,

Dan Mango L Hongkong. 10th Mare", "1008"

By

and Fino Cakes 30 súd

Paid-up.Sh. Taels 7,500,000 Head Office-Shanglial. Board of Directors-Berlin. Branches:

Berlin Calcutta Canton. Hamburg Hankow Kobe Peking Singapore Tientsin Tsinanfu Tsingtau Yokohama.

LONDON BANKERS:. Mesara. N. M. Rothschild & Sons, The Unton of London and Smith's Bank, Limited. Deutsche Bank (Berlin), London Agency. Direction der Disconto "Gesell-Ewas:

/schaft.

COTTON MILLS.

T. 50 T.124

b.

8.

E.

b.

E-BUYERS

LAST DIVIDEND AND GAth | fr

£2.0.0 at ex 2/-1/16 equal) to $19.95 for 4 year ending 30'6'12

$18 for 1911 Interim of 10/- for 1911 Final of $20 making $50)

for 1909 and Interim of $30 for 1931 $12 for 1909 ani. Int. of

$3 on account of 1910)

$7 & b's of $2 for 1910

$27 for 1910

$1 for 1906

5 p.o. for year end'g 30'6'12 Dividend of $1 for half-

year ending 30'6*12

f6 p.o. for year 1910 on

preferred shares

(1/- per share Coupon:No

19

115 p., for year ending

30.4.12

$5 for 1911

$3 for 1897

1/0 per shares final 10111

(Coupon No. 18)

7/6 per share on 150,000 $8 for year end'g 31.12.11.

for}

$1 final dividend, for]

year 1912

TIs. 3 for 191

Final of Tle. 3, making Tla.

6 for 1491

İls 8-29-2*10.

b.

$3 on old shares, $1.50)

on newsharesfor half

year 30*6*12

40.cents for 1911

roll

$2.75 for 1911

N

S.

b.

Int. div. of $316-for-19122

5 p. c. for half.to:80:61255 Interim div of $2 for 1912

15 per cont. for 1910..

T4 for year ended 31'10'10)

T7 for year ended 20°18′10+ 50 cents 31.7.08. 264 st Ju MOJA.

$1 for 1911 * abqa bi

b.

8.

70 cents for 101K setT

8.

b.

INTEREST allowed on Current Hongkong Cottons $10 $81% 2. & a. Account.

MISCELLANEOUS. DEPOSITS received

China-Bornoos on terms which may be learned Light and Powers $101

$12 $10 on application. Every description of Banking and Exchange busi-

Do. (Spec. shares)$1$2.90- China Providents $10 $914 ness transacted.

$6 $22 Green Islands .$10 64.10 s.

Hongkong Electrics $10 $26 Hongkong Icas

$25 $200 Hongkong Ropes

$10 $19

g. 10 T.76

R. TIMMERSCHEIDT, Dairy Farms

Manager. Hongkong, 9th Oct., 1911. [12

THE MERCANTILE BANK OF];

INDIA, LIMITED.

Authorised. Capital Subscribed

Paid Up Resorved Fund

£1,500,000 1,125,000

562,000 Langkats 365,000

Morning Post Peak Tramwaj

Do.. (now) Philippines

HEAD OFFICE: 40, Threadneedle Street, London, E.C. BRANCHES:

Bombay. Kandy, Calcutta. Galle

Howrah, Singapore. Delhi. Penang

Madras. Kota Bahm, Kelantan. Karachi Kuala Lumpur, F.M.S. Rangoon. Hongkong. - Colombo, Shanghai,...

AGENTS IN JAPAN: Mossrs. Jardine, Matheson

& Co, Ltd, BANKERS

Bank of England,

$25 $22 810 81116 b.

$1 $1 610 35 H. Price & Co., Ld. 810 $6

Pre

Societe desferred

Pulpeset Z $50 $30 Papierteries paid du Tonkin up $50

Benefit $180. Shanghai-Sumatras T. 20 T.150 Steam Laundry

London Joint Stock. Bank, Ltd, United AsbestOS Į

Oriental Agency, $10 8914 Ld....

United Asbestos Founders Shares

$300

VERY description of Banking and Exchange business transacted. Stocks and Shares bought, and sold on account of Union Waterboat $10 $14 8. Constituents. Letters of Credit granted on Agents and Corras-Welsmann, Ltd. pondents all over the world,

Watson William Powell

Interest allowed on Current Ac- counts, at 2 par ioont per annum on. Daily Balance and on Fixed

יי

GA

$1.25 for fear onde 317′12

40 cents for 1911

$1.40 per share

Interim of $2 for 1912-4- $1 interim account 1912

Interim div. T.115312 Interim div.T.1,15612 Do. T1, 15912 VIRG Do. T.1 bonus1⁄2 16'12'12 None

80 cents on fully paid shares and 8 cents on $1 paid shares for year ending 30'4'12

None

$1.50 for 1910

First

No dividend this year 50 cts, for year end g 30°5′1

20 per cent, por ordinary c share o bar ended. 31:5:1912 boop hie

cents per share for yearending31*12*1911)

10 per cent. for your)

ending 31'7'10

b. $10 $15 310 64 b.:

40 cents for 1911

Corrected 10 19.30 m.in. Ianuary >o iofqbw) WRIGHT AND HORNEY, MAIS

60 cals per ib.' Wedding 'and Bud Deposits at rates..which may helBrakem 'Do Vorth Road Central F430

day Cakes from $1.00 perfib,

Jqâ

KALKSANDRA, CAFE' SO,

ascertained on application.

F. C. MACDONALD,

Manager,

addreya Re Linde

* The Telegraphe* över not hold inell responsible for any of the abore quotations.

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