COMMERCIAL.
Profts from Co-Partnership.
Interesting evidence regarding the important part which can be played by co-partnership and profit sharing in improving the relations between employers and their workpeople, is given in a special report issued by the Board of Trade. The report shows that since 1829, when the first experiment in profit-sharing made by: iu England waS Lord Wellscourt on his form, there have beon in all 200 schemes. Of these 163 have been abandoned after carecro averaging about eight years each, while 133 are still in existence, of which 81 were started since 1900 and 62 since 1905. The number of workpeople who come under the schemos now in existence is 106,000, and the average addition to their wages received in the form of a bonus or shares in the ten years to the close of 1911
amounts to 5.5 per cent. They
now hold about £1,600,000 worth
THE HONGKONG TELEGRAPH, WEDNESDAY, JANUARY 29, 1918.
Entertainments
VICTORIA THEATRE.
DIRECT FROM · AMERICA
!
HUGHES'
MUSICAL COMEDY COMPANY
OF 25 TALENTED ARTISTS-MOSTLY GIRLS. 4 COMEDIANS-ALL FUNNY COMPLETE CHANGE OF PROGRAMMË.
The company will play at Canton on 29th and 30th January
AND
Will reopen on Victoria Theatre on 31st January, FOR 3 FAREWELL PERFORMANCES. Prices, $2 and $1, Soldiers and Sailors 70 Cents.
Notice
Plan at MOUTRIE'S.
of shares in addition to the cash HONGKONG HORTICULTURAL payments they have received.
Home Commercial and Produce
Markets.
London, January 3.
SOCIETY.
ANNUAL SHOW.
HE Flower and Vegetable Show THE
will be held on the 7th and 8th The Bank, rate remains un-starch, in the Botanic Gardens. changed at 5 per cent. The Open. lateuding Exhibibitom should send market rate for short loans is their entry-toms, to the Hoa. B cret- 3 per cent., and discount of fourary not inter than tre 29th February. months' Bank bills 44 per cent. Cupies of knes nad Benedutos may The Silver market has advanced be obtained from the Hon. Secretary." sharply, b rs being now quote
29 5.10d. per oz. The Rubber
L. GIBBS,
6 Beaconsfield Arcade.
shure market has been quiet, Hongkong, 27th Jan, 1913. being under the influence of the
holiday season, but the tone
135
continues very firm. The Princi Public Companies pal of the Anglo-Chinese College, Amoy, writes that the Chinese Government has invited the management to establish a de- partment of agriculture and commerce, and he is particularly desirous that British produce and
امر
:-
9.15
Entertainment
BIJOU.
Special Monster Programme for
Burns' Anniversary.
Debut by
Banks
INTERNATIONAL BANKING
UORPORATION.
Head Office-60; Wall Street, New York, London Dié ;myő, Bishopsgatë, E,C.
BRANCHES :-----
Bombay
Calcutta
Caniba
Coba
Cołap
Empire
Hongkong
Han
Kobe
Manila
Marico
Banks
HONGKONG AND SHANGHAI
BANKING CORPORATION:
PAID-UP CAPITAL
"KRURYA YÜKDES
1,000; 200
"Dover or Dikserom E-Abellius, „May ---Chairman TH. Armstrong
KageDeputy Chairman |B.'H. Dodwell-Esq. * 993 ES: Puttenden
· Panasz
Peking
San Franciaco
G. Friarhead, El.
Shanghai
Yokohama
'C) B. Gubbar, Xng.
G. B. Laurens, Riq, Y. Lab Eq
PANKING BUSI
Capital and Recrys§7, 560,000 (Gold)
(4,450,000 2
EVERY DESCRIPTION ( NXSS transacted.
CURRENT ACCOUNTS opened on the 'umust'
134.
DEPOSITS RECEIVED, fixed for one year at eX par annum, or fur shorter phesyde, at races, which may be ascertained on application.
BILLS NEGOTIATNO and COLLECTED. MAIL and TELEORAPHIC REMITTANCES mads."
LETTERS OF CREDIT and DRAFTS granted on all the principal cities in the Work
THE BANK'S CIRCULAR LETTERS OF CREDIT available all over the World.
COMMERCIAL LETTERS OF CREDIT
leaned.
PURCHASE and SALE of Stocks and Sharks'
effected.
TRAVELLERS CHECKS sold and cash,
GEORGE HOUS,
+
Manager.
9, Queen's Road, Hongkong, Hongkong, 1st. Noy., 1312
13
THE
Yo
0.15
LIMITED.
Miss CECILE STEPHANO Sings: Jade's Mighty Deep.” Tito Mattel's "Yes or No." *Robin Adair" and " My Ain Folk:”
Miss DOLLY SWIFT in hor specially written. Song. Just A Poor inematograph Girl.
Pathe Frere'e Masterpiece. The Mysteries of Paris. (Length 6000 feat-4 Paris) also
JA. Flummer, Baq Hon. Mr. Q.H. Bo
CHIEF MANÄÄN MET V Hongtong, J. STÁTE.
ACTING MAMAISEK, SHANGHAI-A, O, Srárezz,
Lontoon Bandung-London Ooster ARCO-WRZIERnes Hawk Lanches,
Honorowa-LEME, A
Exchange
Buying:
4 m/s. L/C
2/14
2/13/16
7/64 m/s. DP....
6 m/s. L/C .................................
11/16 30d/s. S'ney & Melbourne ..:2/134:
30d/s. San F'bo & New York. 50%
T/T. Demand
30 d/s
60 d/s
4 m/s
T/T. Shanghai
T/T. Singapore
:86% 4 m/s. Marks
214
T.T. Japan is
T. India
151
4 m/s. Francs
2.62
Demand. India...
6 m/s.
do
..2.64
Demand, Manila...
Bar Silver. ready*
28 5/16
T/T. San F'co & New York.
forward
T/T. Java
122
Gold Leaf per tael.......
T/T. Marks.
208
Bank of England rate
T/T. Francs
2.5616
Sovereign
Subsidiary Coins."
Discount per $100
Chinese...20 ots, pieces...8676
On Currand Laponiem 2, the rate of 3 per Out Chinese ...10
ME ARDOM UN the daily balines,
“
ON-WERED DEPOIMI
Par #monkki, 256 per Quat, per ÁRDER) "Yue 4 months 15% per Chua, per Aanai, Por 11'ibbukhi, % par Ounk: pak2Anánk.
· E. 3, STABB, QLdił Mazingne.
HONGYONG SAVINGS BANK,
THE Bude of the abers Bank is peitinted by the HONGKONG AND SHANGHAI, BANKING CORPORATION. Balas may be obtained. vn'application.
INTEREST on deposits - is allowed JOKOHAMA SPECIE BANK, on the mialium monthly balanson" 13 (6)
Pan Garz, per annen.
Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital 30,000,000 Reserve Fund...... 17,500,000
T
,,
Head Office.-YOKOHAMA,
Branches Antung-Hsien Bombay Calcutta Changchun Dairen Fengtion Harbin Hankow Honolulu
War Scones, Paris Fashions, & Comics.
Kobe Liao-Yang London
7.15
Lyons
GREEN ISLAND CEMENT COMPANY; LTD NOTICE IS HEREBY GIVEN 7.15 PICTURES ONLY
that an 'Extmordinary General
il
Agencies at Nagasaki Newchwang New York
Osaka
Pekin
Shanghai;
H
Malwa, Old......... 3,450
Patna, New
Hongkong.20 Hongkong.10
...$7 5/16 ...$636
Patna, Old.
...37 3/16.
||
Opium Quotation.
Benares, New
Malwa, New
Jan. 17. $2,200 per pic
2,750 perche.
2,500
2,800
Benares, Old.............. 2,625
SHARE REPORT.
B-BUYERS
S-SELLERS
SA-SALE
STOCKS & PAID UP VALUE.
BANKS,
CLOSING
LAST DIVIDEND, AND DATE
$835 sa.
FIXED DEPOELT A 4 Pan Cars, per Cantons
IZER,
Depostier way tesnilne at thais „pilan | Hongkong & S'hai $125 ; babancım ve 1100 of users to the 'Hematosen AND BHAWNAI BARK to be placed wa
MARINE INSURANCE, ·
£85/10
850
$265 ea. & b,
£5
T132 $.
For the Hosaxons AND BAHAY North China
„Baueries CorpÓRAZIOM,
N. J. STAKE, Chi Manger Unions
THE CHARTERED BANK OF Yangtzes
INDIA, AUSTRALIA AND
CHINA.
Incorporated by Royal Charter 1853.
HEAD OFFICE-LONDON. Paid-up Capital ..£1,200,000
$100 $830sa. & b.
· FIRE INSURANCES: China Fires Hongkong Fires.
SHIPPING. China & Manilas
£50 $1921 b
£2.0.0 at ex 2/-1/16 squal to $19.95 for 16 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 1911 - $12 for 1909 an1 Int. of
$3 an account of 1910f
87 & b's of $2 for 1910
Fear ending 30′6′12.
(6 p.c. for year 1910 on
preferred shares
$20 $150 $50 ($384
b.
B.
$27 for 1910
$25 $10
81 for 1906
Douglas Steamship $50||$34
b.
5 p.o. for year end'g 30°6′12
Ryojun Port
Dividend of $1 for half)
(Arthur)
San Francisco
Reserve Fund...
Tiebling
Reserve Liability Proprietors
of
Steamboats. £1,650,000 Indo-Chinas
(Preferred) ..£1,200,000 (Deferred)
$15 8284
b.
£5 $85
by
Tientein
113 BB
(1/- per share Coupon No
Tokyo
19
£11
b.
*Star Forry"
{$10 $3612
REFINERIES.
$100 $10816
Interest Allowed on Current Account.
manufacture should be well re- Meeting of the Green Leland Cement! presented in the Museum. The Company Limited will be hold at the college, therefore, invites English offices of Mosers. Shewan Tomes & Co. Public Companies Deposits received for fixed
firms to send samples.
The Tea market remains virta- ally closed. Coffee continues inactive, but prices are steady. In Sugar a weak tone has prevail- ed, with only a moderate business passing. Singapore Pepper is very quiet, with little business, and White Pepper quiet and un- changed. Rice continues quiet at late rates. Manila Hemp is firm and generally dearer. Plan- tation Rubber has been firm and dearer, good average Sheet being quoted at about 43 7d per lb. Fine Hard Para is 4s 71d per lb. Straits. Tin is £220 15s to £230' 5s for cash, and £229 73 6d to £229 178 6d. for three months.
•Notice
BRITISH NORTH BORNEO GOVERNMENT.
CONTRAUT FOR PUBLIC WORKS.
THE BRITISH NORTH HOR-
at St. George's Building Chater Road, Vletoria in the Colony of Hongkong on Wednesday the 17th day of February 1913 at 12 o'clock noon when the sub- joined Resolutions which were passed at the Extraordinary General Atenting of the Company held on the 25th day ot January 1913 will be submitted for confirmation as special Resolutions.
(1) That the Mem irandum of Agree-
NEO GOVERN » ENT-jetitel tenders for the construction of about 12 Acres of Reclamation, the repairs of and an extention of 900 feet to a Stoul and Ferro-conarota Jetty, the supply and laying of about Shy miles of 6" diaz and 1 mile of lesser Unst Iron Pipos, the formation of an Earth Embankment, the construction of a Wasta-weir, Sor- vica Tanks etc.: sad the supply and{ erection of Pamps, at Jesselton; to gether with smaller Waterworks at Sandakan.
Copies of the Plaus and Specifiation may be inspected at ike Engineer'a' Uffice any morning on and after Satu- day February 1st 1918.
A set of Copies of the Drawing", Conditions of Contract, Specification, Behedules of Quantities, Billa of Prices and Tom of Tender may be obtained at the Engineer's Oce on sad after Saturday February 8th on presentation | of One Hundred Dollars, Straite Car rency, returnable on receipt of a Bona Fide Tender.
Sealed Tendors, nooompanied by the]. above Documents, and upon the Form provided, must be deposited with the Engineer on or before Motiday the 24 b of February, 1918 at 12 noon.
The Government does not bind Itself
to nocept the lowest or any tender.
M.B. FRIEDBERGER,
A MAI O.E..
Engineer.
ment beating date the nineteenth
THE
KOWLOON LAND AND
BUILDING COMPANY
LIMITED:
day of April 1912 and made NOTICE IS HEREBY GIVEN between Joseph Whittlesey No. ble, the Hon urable fir, Edward Ostore and the Honourable Mr. Beary Edward Pollock
bu
at
periods at rates to be obtained en application.
EISHI ONO,
Manager.
FOREIGN EXCHANGE and 'Shell" Transports £1 General Banking business trans- acted.
CURRENT ACCOUNTS open-
ed. and FIXED DEPOSITS re- Chin at rates which will be quoted on ceived for 1 year or shorter periods Sugars Luzon Sugars application.
Wm. DICKSON, Manager.
Hongkong, 11th Jan., 1913. [18 Hongkong, 11th April, 1912.
י'
15 p.c. for year ending
30.4.12
$5 for 1911 $100 $8812.8a. & b. $3 for 1897
MINING. Chinese Engineeringe £135/-
122 Raubs
Public Companies DEUTSCH ASIATISCHE Kowloon Wharfs
NOTICE.
UNION WATERBOAT COM. PANY LIMITED.
Capital Fully
Paid-up...Sh. Taels 7,500,000 Head Office.-Shanghai. "Board of Directors-Berlin.
Branches: Caloutta Berlin
Canton Kobe Hamburg Hankow
Singapore Tientsin
LONDON BANKERS:
that the TWENTY FOURTH ORDINARY MEETING of SHARE- HOLDERS in this COMPANY wilt hold the COMPANY'S OFFICES, VICTORIA BUILD- NOMCE TO SHARELOLDERS. Peking 1808 on MONDAY 10th February, THE EIGHT ANNUAL GENE-Tainanfu Toingia YERD 1918 at noun, for the purpose of re- 1
BAL MEETING OF SHARE-
Deiving the REPORT of the DIREU-HOLDERS will be held in the Offices Messrs. N. M. Rothschild & Sons. O together wit STATEMENT of Mosers. Didwell & Co., Ltd, on The Union of London and Smith's f ACCOUNTS for the year dading THURSDAY, the 30th Jaundry, 2018 31st Deumbar 1912.
Bank, Limited.
(lated by the pharulders of the Green Island Cement Cou- pany Limited at the Annual General Meating of that Com pany held on the twenty fifth day of March 1911) of the one
at soon, for the purpose of receiving the Deutsche Bank (Berlin), London The REGISTER of SHARES of repot of the Ganetal Managers 'to-
Agency. part and Shewan Tomes & Co. in their capacity of General the COMPANY will be closed from gether with a tatem set of accounts to Direction der Disconto Gesell-
schaft. Managers of the Green Island Saturday, 1st February to Monday 10th 31st Decembar, 1912.
INTEREST allowed on Current Cement Company Limited of February, 1918, (both days inclusiro), The TRANSFER BOOKS of the
DEPOSITS received the oiber part we supplemented Which Period Do TRANSFER, of Compsby will be CLOSED from the Account.
sand January to 30th January, both on terms which may be learned by a letter bearing date the SHARES can be registered.
By order of the Board of Dires-dates inclusive.
on application. Every description eighth day of May 1912 sal
DODWELL & CO., LTD.
of Banking and Exchange buai addressed by the said Showan tors MOW BRAY S. NORTHCUTE, Arting Secretary to this hongkong
General Managers.
ness transacted." Tomes & Co. As such Genural Land Investment and Agency Co., Ld., Hongkong, 20th Jan, 1815.
[128 Managers as aforesaid to the Ab ve amod Members of the Agents for the Kowloon Land and a above mationed Committee and Building Co., Ld. By the letter of such members is doogkong, 24th Jan, 1918.
Det thereto bearing date the
(182
14th of May 1912, be dad THE CHINA PROVIDENT
the same hereby tatified and enfirmed by the Süsteholders of the said Company.
(2) That the regulations contained
in the copy of the proposed ner Articles of Association of the Green Island Cement Company Limited (which for the purpose of identification have been subsoribed by Mesari, Shewan
LOAN AND MORTGAGE
03., LD.
(UARITAL Pam or... $1,280,000.)
Tomos & Co.. Bs General Losas an Mortgage of How's Property
Manager of such Company, and which may be inspected by Buy Shareholder of the said
&c.
foods received on Storage. advances made on Merchandise. Company at the Offices of the made on the Prole at System. Bator and Particulare on applestion).
said General Managers at St. George's Building, Chater Road, Victoria in the Colony of Hong- kong, or at the Offices of Messrs. Deacon Looker Deacon and Hamton at No. 1, Dea Vocom Boad Central, Victoria aformaid, on any weekday be tween the hours of 10 am, and 4 p.) be mad the same are. hereby adopted as the Articles of the said Company to the ex- clarion of and in substitution for all the existing Artioles thereal.
Daled this 27th day of January 1915,
SHEWAN TOMES & CO.
Genatal MansgETE, GEREN ISLAND DEMENT 00. LTD.
TEM OFFION OF
TRUSTEE, EXECUTOR OF
Notices
STOCKBROKERS ASSOCIA- TION OF HONGKONG.
NOTICE.
THE
HE COMMITTEE has decidoa that the following shall be the Settling Days for 1918-
THURSDAY, THURSDAY, FRIDAY,
TUESDAY,
TAURSDAY, FRIDAY,
80th January.
27th February.
28th March. 29th April.
WEDNESDAY, 20th July.
99th May. 27th June.
29th August.
29th September,
THURSDAY, 30th October,
FRIDAY! MONDAY,
FRIDAY,
98th November. MONDAY, 29th December. Hongkong, 26th Jani, 1918.
NOTICE.
[2
R. TIMMERSCHEIDT,
Manager. Hongkong, 9th Oct., 1911. THE MERCANTILE BANK OF INDIA, LIMITED.
Authorised Capital Subsoribed
Paid Up Reserved Fund
1/6 per shares final 1911
(Coupon No. 18) ......... (†) 7/6 per share on 150,000 1/2 for 1909
$3 for year end'g 31.12.11
· $1⠀ final ̈ dividend for]
year 1912, M
Tle 9 for 1912
Tronohe
£1 85/
£1 $4 DOCKS, WHARVES, & O'DOWNS
$50 $76 H.K. & Wpon Docks $50 $59 Shanghai Docks T. 100 T.73.
Hongkow Wharfs T. 100 T.107
b.
b.
B.
LANDS, HOTELS & BUILDINGS,
Anglo French Lands T.100 T.94 $115 Hongkong Hotels: $50
$3 on old shares, $1.50)
$73
bi
Intorin ofTis. 3, for 1912.
TİB. 6 29'2'10
on now shares for half year 30'6'12
Hongkong Lands $100 $101 ex. div. Final div. of $311⁄2 making
36
b
$50 $541 ex.div.
Humphreye Estates $10 $812 Kowloon Lands $30 $36 Shanghai Lands T. 30 T. 89 West Points
Manila M'pole Hotel P.10 P. 8
COTTON MILLS. Ewos
T. 50 T.138
Hongkong Cottons $10 $9 sa. &a.
MISCELLANEOUS.
$7 for 1912
40 cents for 1911
$2.75 for 1911
5p.c.for half to 30'6'12 Final of $2,25 making $4,25 for 1912
15 per cent. for 1910
Téfor year ended 31'10'10) TY for year ended 2012:10}
50 cents 31.7.08.
$1 for 1911
70 cents for 1911
$1.25 for year end'g 31 7'12
b.
8,
40 cents for 1911
8
$1.40 per share
China-Borneos 8128104 Light and Powers $101
$2.80 Do.. (Spec. shares) $1): China Providente $10 $914 Dairy Farms
$6 823 8. Green Islands
$10 84%
Hongkong Electrios $10 $2814b.
$25 $200 £1,500,000
Hongkong Ices 1,125,000
562,000 Hongkong Ropes 365,000..
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: Messrs. Jardine, Matheson
& Co., Ltd. BANKERS:
[185
Bank of England.
EX
Interim of $2 för 1912
$1'interim account 1912
$10, $1914
b.
Langkats
Morning Post Peak Tramway
8. 10 T.7314
$25
$22 $10 811%
81 $1 810 5
None
$1.50 for 1910
Do. (new) Philippines
H. Price & Co., Ld. 810 86
Pre Boolete, desferred
Pulpeset $50 $30 Papierteries paid
up $50
du Tonkin
La
United
Benefit) $150 London Joint Stock Bank, Ltd, Bhanghai-Sumatras T. 20,T.150 WILLS, ATTORNEY, &c.,
Bteam Laundry 85 184
Undertaken and Eiented.
VERY description of Banking United Asbestos} boen decided to form a St.
and Exchange business Oriental Agency, - #10: 8914- SHEWAN, TOMES & Co.,
IT ha
Pack's Society in Hongkong transnoted. Stocks and Shares View thereto all Irishmen in bought and sold on account of and with General Managers,
Asbestos į the Colony requested to at once Constituents. Letters of Credit
Founders Shares furnish their names and address to granted on Agents and Corres A Hi G. Jack on ossin, Johnson, pondents all over the world. Union Waterboat
Interest allowed on Current As- Stokes and Mattor or to D E. Do
counts at 2 per cent per annum Weismann, Ltd. on Daily Balance and on Fired guns Watson Deposite at rates, which may be William Fowell ascertained on application."
Hongkong, 19th Mar, 1808
60 cents per 16, Wedand Blah If Waliciónt
Madlers and Fruit Onken 50 and ally of Mesare, Garner Qalb & Co. ponie forthcoming hed on day Cakde from $1.00 per 1b,
swhich one notice.
ALUXANDRA VÄTE CO.
hereto a mbel to be Artang
be girin.
$10 $300 $10 814) b
$10 $15
b.
Tls, 41⁄2 for 1912
None
80 cents on fully paid shares and 8 cents on $1 paidshares for year ́ ́ending 30*4*12°
None
No dividend this year 50 cts. for year end'g 30'5'1 20 per cent. per ordinary share for year ended *31*5*1918
75 cents per share, for yearending31*12*1911)
25 per cent. for year
ending 31711
$10 $634nding 3
149
30 cents for 1910
40 cte, yearending
TO MACDONALD, Corrected 1 g Tanary sy by WRIGHT AND HORNBY