Commercial.
SHANGHAI MARKET REPORT.
Mesars. Noel, Marry and Co., Ltd., Shanghai write na follows in their weekly market report of November 8:
...Place Gooda."
Local Market. Trade has not shown mnoh improvement this
THE HONGKONG - TELEGRAYU, WEDNESDAY, NOVEMBER 12, 1913.
Japanese. The sales during Philippine Exploration Company, the week under review amount to Mesars Anderson, Meyer and 1960 bales, on the basis of Tis. Co., report that they are authoriz 108.00-114.60 for No. 10's. and ed by the Philippine Exploration Tls. 113.00-121.50 for No. 20%. Co. (of Manila) to publish the re- The latest quotations at the Osaka |sult of the work on the Gomaơn Exchange were as follows:-Yon property during the month of 142.70 for the current month, October, as follows:-Gold re- Yun 141.10 for December and covered 805 oz.; Approximate Yen 140.80 for January.
value P.33,000.
with.
MANILA INNER HARBOUR.
Banks
INTERNATIONAL BANKING
CORPORATION.
Band Difca1–60. Wall Sinet; New York. Loodan Offer 1–36, Bishopsgate, EC. BRANCHES
Canton
Bombay Calentía
..
Caloo
Expla
Hongkong Hu
Caphalend Surplui - Cold,
EVERY DESCRIPTIO
(OF BANKING BUSI
NESS AN
CURRENT ACCOUNTS ODpenal ́an' the Brun DEPOSITS RECEIVED, dand for one your an wings, or for short periode, at ralan, whils
rear
Mill Extension: * The board of directors of the week, although there is an eater Laou Kung-Mow Cotton Spinning feeling in the money market and and Weaving Co, L, inform rather more sotivity is being dishareholders that in aucordance played in yarn. The exporting with their circular letter of Descently purchased by the bureau
The new harbour dredger, houses claim that a movement ember 0, 1012, the new wing of of navigation from the China will shortly be seen, but hitherto the mil building with the addi-Navigation Company, Limited, there has been a difficulty in con- tion of 7,720spindles is completed, has commenced work on "dredg- meeting with the sellers of pro- bringing the total number of ing the inner harbour between duce. Clearances are not much spindles up to 40,000. In view and about the pier says the Mani to be proud of, with the exception of the increased size of the mill, la Bulletin of the 6th inst. Due of auction purchases It is per night work will be began forth to the lack of funds the dredger la haps necessary of mention once more, that the deliveries appear.
only working one shift, but with ing in our lists, are always from 4 to 6 weeks old, and do not repre- tent an up-to-the-moment posi- tion, owing to circumstances over which we have no control.
American Goods. Rather bet ter exchange conditions exist with Newohwang, the rate having gone 10 707. The port will be closed by ice very shortly now, and it is believed some buying will be done within the next day or two, the second-hand holders having got rid of all of their speculative purchases, and the Northern port being willing to buy at Tls. 4.80 for Loray, at Tls, 4.75 for Ab- beville 3 yard Sheetings, Tis. 6.10 for Pacolet Drille and Tis. 5.00) for Massachusetts Drills." There are no new quotations available,
1
Kacartalani en spoliantion
Banks
LITT HONGKONG & SHANGHAI Demand
BANKING CORPORA-| 90 d/s°
TION,
60 d/s
Exchange
Selling.
T/T. Marks “............................................1/11-3/4 T/T. Francs QL1 39/16 in Haiphong
sä muotio.... 1/11 7/8 On Saigon *****
1/11 15/16 On Bangkok reprchettszu 4 m/s. Comuna 2/-1/16- Mom Buying.
734 m/s L/O T/T Singapore
84 3/4 4 m/s. D/P
Paid-up Capital .615,000,00 T/T Shanghai RESERVE TUNDS:
Private 30 d/s sight 9'hai 733% 6 m/s. L/C
5034 pm. pm,
1/2
.21-9/16
96] 32d/s.8'ney & Melbourne ...2/5/8 30 d/s. Ban Foo & New York. 4876 ..........14776; 4 m/s. Marks
Kobe
Mulla
Mardbo
Paking
T/T Japan
Sao Francisco
Shanghai
Sterling
T/T India
Takahama
T/T Bombay
..2,08
£1,300,000 at 2/
Demand Bombay .........14794 4'm/s. Frarica
I/T Calcutta
Demand Calcutta
$15,000,000
Demand India.................14794
Demand Manila
Bilver
17,450,000.
.....2.58 1479 Bar Silver, ready...27 11/16
forward
1.27 5/8 .....................................97. Gold Leaf per tacl
.53.10 T/T. San F'ou & New York 48 Bank of England rate T/T.Java
1478 m/s. do
ish....... .120 | Sovereign...................$10.00
$32.450,000
Subsidiary Coins. Discount per $100
Opium Quotation
Maiwa, New
$4,800 perpio
Malwa, Old
4,700
Patna, New
Patna, Old...
KILLS NEUOTIATED and DO LEXOTED
· MAISMAA SELEGRAPHIC REXITEINCRE TAETTERS OF CREDIT AMA DRAFTS granted
as oF CARDIT
FAGET CORCULA TER cutitellaan till or the Walde „THE LANES, CIRCUMINGELETTERS OF OONEERCIAL LAZZARE OF CREDIT
PURCHASE Ad Achs and shares
BRAVELLERE CHECKS sold and cashad.
"Manager.
9, Queen's Road, Hongkong
THE
Adepth YOKOHAMA SPECIE BANK,
to
LIMITED.
Established 1880.-
YOKOHAMA,
Agencies at Nagasaki Newchwang New York Osaka Pekin
Ryoiun Port (Arthur)
a auction capacity of 1000 cubio Bokong, for May 1913 19 Japan Exports to Shanghai.
yards an hour, the work should Affected by the tightness of the be necomplished in record time. money market in the interior of The inner harbour. is Obins, as a result of the second to be dredged to revolutionary disturbance, says of 32 feet low tide, or two feet the Asahi, the China trade has more than its present depth. not yet fully revived, but in the This will give a depth of Authorised Capital Yen 48,000,000 Yangtze valley sales have greatly 37 feet at full high tide, a depth Paid-up Capital
- 30,000,000 increased, and shipments to that would allow the mammoth Reserve Fund...... 18,550,000 Shanghai of cotton cloth, knitted freighter Minnesota, loaded goods, matches and general other her capacity, as she was a few Head Office. goods from Japan have increased months ago with 20,000 tone of
Branches considerably. So brisk has busi. flour, to glide alongside pior two
Antung-Hsien ness become that the regular or three ne do the many other,
Bombay. ateamers on the Shanghai line freighters that make Manila a Caloutta have been unable to carry all the port of call.
Changchun cargo.
Work at present is beingaarried Dairen on near piers two and three as Fengtien | the churning of vessels'screws has Harbin Rubber Market,
accumulated a great deal of mud Hankow London, November 6.The near the piers, which is proving Honolulu, quotation for Para Rabber, Fine, a menace to navigation. This obe Hard, Clure, November and Dec-will be removed and then the Auctions. The offering this ember, is 38. Id. value. The tone work of dredging the balance of week totalled 108,305 pieces, the of the rubber share market is the inner harbour will be accom- increases being 1,000 pieces Greys quist.-Reuter,
plished. After finishing the har and about 3,000 pieces White Mr E. F. Bateman, secretary of bour work here the dredger will Shirtings; White Jeans and Its the undermentioned companies, proceed to Iloilo to deepen the Jiana mera slightly reduced. The reports that the estimated dry harbour at that port. Grey Shirtings were steady with
Capt. W. McDonald, who was An upward tendency and the ma- on the exiatas for October, Be the master of the dredge on the jority of the Whites improved, the telegraphed by the agents, is as trip from Shanghai to Manila last others dropping a few candareens follows:-
month, and Chief Engineer only. Many of the Bleached and plain T-Cloths moved ap and.
Togan, returned to Hongkong on. the steamer Taming.. Jesus went with far more life in them. Sheetings were about steady and...in most cases the changes in Turkey Reds were
from New York, but the market is said to be quite firmly held.
weight of Pars rabber produced:
Senawang Rubber Estates Co. Ld. lb, 21,051.
Dominion Rubber Co, Lt. Ib
18,473
The agents alad state that tap- slight. Some chops of Velveta ping on the Dominion estates has weakened, the stocks of these been affected by holidays and rain, goods have grown enormously
inda Inls, and now total 48,880 Cotton Report Market. pistangsinst 3,950 last year!
.
Public Companies
HONGKONG & SOUTH CHINA
Liao-Yang London
San Francisco Shanghai Tiehling
Resrove Elability of
Proprietors $15,000,000 Chinese...20 ota. pieces $9 1/16% COURT OF DIRECTORS. 8. H. Dodwell, Esq.-Chairman. Hon, Mr. D. Landale. I
Chairman,
G. Friesland, Esq. E. Goetz, Esq. 0.-8. Gubbay, Esq.
P. H. Holyoak, Esq.
G. B. Laurenz, Esq.
Chinese...10 Hongkong.20 Hongkong.10
$9.1/8
$616
$916
Oct. 247
5,700
SHARE
· S--HELLERA,
Blocks Pam UP VALUE. BANKA.
Benares, New
5,825 porche
...... 5,535
Benares. Old......... 5,350.
REPORT.
SA-SALE
CLOSING
QTORS
$100 $810 b.
B-BUYERS
LAST DIVIDEND AND FATE
£2 at ex 1/1154 equal to $20.31 for 6 year ending 30/6/13
$18 for 19:2
Fipal of 1'p.o, making
20 p.c. for 1912 Final of $20 making $50.
for 1911 and Interim of $30 for 1912 Final of $12 mak. $15 for) 1911 & Int, of$3 for 1912 f
$10 for 1911
W. L. Fattendon, Esq.
Hongkong & S'hai $125
MARINE INSURANCE"," Cantons' North China
$50
8790 b..
£80 340 Be
£5
T133 b. ex div.
J. A. Flummer, Esq. Hon. Mr. E. Khallim, B. A. Biebs, Esq. CHIEF MANAGER: Hongkong-N, J. Stabb.
MANAGER, " Shanghai-A. G. Stephen. London Bankers-London County and Westminster Limited.
"Hongkong-Interest "Allowed.
On Current Account at the rate of 2 per cent, per Annum on the daily balance.
ON FIXED DEPOSITS.
For 3 months. 2 per cent. per
Annum.
Unions
Yangtzes
FIRE INSURANCES: China Firea
Hongkong Fires
£50 $195
€20 $160 b.
850 8380 B.
$27 for 1911
825 188 b.
SHIPPING, China & Manilas Douglas Steamship $50 $30 b. Steamboats Indo-Chinas
615 62816 b.
$1 for 1906
$2.50 for year end g 30*6*13 Interim of $1 for half year ending 30'6*13 6 p.o. for year 1912 on
preferred shares
[Final of 4-making 6/
for year ending 31*12'12 Int. of 1/a/c. 1913- #2 on 10,000 shares let issue $2 on 10,000 $1 on 10,000
Tientsin
Tokyo
For 6 months, 31 per cent per
Los Angeles
Annuin.
For 12 months, i per cent per
Andum,
(Preferred) (Deferred)
Shell" Transports £1.
£5 $87
98/6
£11
N. J. STABB, Chief Mansger
"Star Forry
$10 844
REFINERIES.
$100 896 $100 $94
$8 for 1912
$$ for 1897
MINING.
Lyone
Interest Allowed on Current Account, Deposits received "for fixed periods at rates to be obtained`on application.
BISHI ONO,
Manager. Hongkong, 30th Sept., 1913. [18
THE CHARTERED. BANK OF INDIA, AUSTRALIA AND CHINA
Incorporated by Royal Charter 1853.
STEAM FISHERIES Co., Ltd. The season for Italians and Vene-writes as follows in his werkly
Mr. A. B. Bogenfeld, Shanghai. NOTICE TO SHAREHOLDERS Reserve Liability of tiane is about over, and prices cotton market report dated 7th show an inclination to go back a
THE little. Plain and Figured Italiana continue strong, but Lastings went a shade lower.
Home Markets. An export of 7,000,000 yards of plain cottons, from the U. K. took place for the week ending 31st October, and the Shanghai figures for last month werD:*****
Plain Cottons...28,600,000 yards Dyed
9,800,000 Printed
600,000
21
***
37,000,000
SP
The Manchester market is
CURRENT ACCOUNTS open-
HONGKONG SAVINGS BANK
THE Business of the above China Sugars Bank is conducted by the Luzon Sugars HONGKONG AND SHANGBAI BANKING CORPORATION.
Rules may be obtained on ap Chinese Engineerings £1|30/- plication.
EL 45/9
INTEREST on deposite is al-Tronchs lowed on the minimum monthly Raubs. balances at $3 Per Cent. per an-Kowloon Wharfe $50 8874 ma: & e
nem.
ᎥᎢ .
. THIRD ANNUAL inal:-
MEETING OF SHARE Chias Cotton.-Business dur HOLDERS will be held at the ing the past week has been very offices of the undersigned, No. 4. quiet, only a few parcela having Queen's Buildings, Victoria, ed and FIXED DEPOSITS DEUTSCH ASIATISCHE changed hande, consequently, the Hongkong, on Tuesday, the 18th ceived for 1 year or shorter periods ginning of the week is now weak market from being firm at the be. November, 1913, at NOON.
at rates which will be quoted on application. and prices have declined some 5 mace per picul.
The TRANSFER BOOKS of the Company will be CLOSED from the 11th to the 18th Novem- ber, 1913, both days inclusive.
1
BRADLEY & Co., Ltd. General Maringers.
As to the future course of prices a conservative policy is desirable, though I am inclined to think that it would be advisable to buy on every break, as one never knows what new situation may crop up da we go on. For the present, indications point to lower prices whether this will be NOTICE is hereby given that
BANK.
DOCKS, WHARVES, & ODOWIEN.
r.112.
.b.
b.
Depositors may transfer at their H.K.&W poa Docks 850 { #77) HEAD OFFICE-LONDON.
option balances of $100 or more Paid-up Capital £1,200,000 to the Hongkong and Shanghai Shanghai Docke T. 100-56 Reserve Fund...£1,700,000 Bank to be placed on
FILED Hongkow Wharfe 1. 100 DEPOSIT 4 Per Genti per LANDS, HOTELS & BUILDINGS Proprietoris £1,200,000 annum.
Anglo French Lands T.100 T.94 For the Hongkong and Shang-
$125 FOREIGN EXCHANGE and hai. Banking Corporation, General Banking business trans-
Hongkong Hotels " 850 · NJ. STABB, Chief Manager.
885 acted.
Hongkong Lands $100 $110
Humphreys Estates #10 19 b; Kowloon Lands .$30 $45 b...
Shanghai Landi T. 30 (T. 94
West Point:
· 650 $71. 1.
Manila M'pola Hotel P.10 P. 8
EWOB
T. 50 T. 146 b. Shanghai Cottons 'T.118 b. Laon Kung Mow Kung Yik Hongkong Cottons $10 $9
(A. 8. HEWETT,
Acting Manager, Hongkong, 11th April, 1918. [£2
Horgkong, 4th November, 1913, HONGKONG & SOUTH CHINA THE
STEAM FISHERIES Co., Ltd. NOTICE TO SHAREHOLDERS.
Notices
CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD, (Capital Faid up...$1,250,000,) realised or not will depend al-Meeting of the Company will be party, &cc
an/Extraordinary General Loans on Mortgage of Ilouse Pro- steady but rather inmotive and most entirely on the buyers both held on Tuesday the 18th day of Goods received on Storage.
here and Japan. Tone of the November, 1913, at 12.15 clock Advances made on Merchandise: market is quiet.
at 4, Queen's Buildings, Loans made on the Provident Hongkong, Victoria, when the System. following subjoined Resolution (Rates and Particulars on ap will be proposed as an Extra- plication). ordinary Resolution :---
there are not wanting alight in dications of weakue's in places. The fears of a lock out bave passed
away and the discontent amongst Liverpool Market: - the mill handa of Oldham has been smoothed over, but India is
London, November, 5, 1913.
eagerly taking advantage of every. Egyptian Cotton F.
case of late delivery to cancel
G. F. Brown..10.23
contracts, which is a sure sign Price of Fine M. O.
that they have overbought them-
Bengal
selves and are anxious to reduce | Price of Mid Ameri- their commitments.
Cotton Yarn..
The Szechuen men have been
... 6
0108... Price of Mid-Ameri- cans Isat re- ported
7.63
7 65
buying this week, and the volume Tone of market is
of business done has been rather
greater than for some time past.
steady.
can ***.
The prices for Indions are still New York Market: very much below the replacing Price of Mid-Ameri- parity of Bombay, but this is an item that does not concern the Chinese dealers in the alightest. Japanese counts are rather lower in spite of falling exchange and Price of Mid-Ameri the sales of local, yarn are hardly
ap
Price of Mid-Amari-
p.m.
It is rosolved that the Capital of the Company be reduced from $150,000.00 to $90,000.00 by "reducing the par value of the "shares from $10 to $6 each.".
OF
The Office of TRUSTEE EXECUTOR
WILLS, ATTORNEY, &c. Undertaken and Executed.
→SHEWAN, TOMEB & Co.
General Managers.
Should the above Resolution Bengkong, 19th March, 1908 be paased by the requisite ma- jority it will be submitted for
confirmation as a Special Resolu PEAK TRAMWAY 0,
tion to a further Extraordinary General Meeting and such Most- |ing will be held on the 4th day of December, 1913 at the same time and place for the purpose of con- sidering and if thought fit con- firming Buch Resolution as a .80.13.50 Spot Special Resolution accordingly.
BRADLEY & Co., Ltd., General Managers. Dated Hongkong the 4th day
! Can.... ...80.13.54 Des.
...80.13 31 Mar. of November, 1913.
ק.
041 440
firm. Tadian Market: Broach New Crop Rp.
53.7-8 January, 1914
to last in the matter of price, Tons of Market, is allowance being made for the lower cont of cotton, no doubt.
Indian-An improved demand has prevailed throughout, the in- terval. No. 10's. have received most attention, being wanted for Yoetmahl Tientsin, Nowohwang, Szechuan New Crop and River Ports, and some No. 12. have been taken of Kiangre. The sales reported amount. to 4273 bales,
Epe....... 50:1-8 January, 1914
Hengel New 42.18 January, Orop Rp. Tone of Market is steady.
1914
Notice
NOTICE
WE
E have this day boon ap- pointed Agents for. The Compania General de Tabacos de Filipinas of Manila, P. IIFA AR
*BOTELHO BROS. -
Alexandra Bülldings, Hongkong, 11th Nov,, 1913. [1017
LIMITED.
TIMB TABUB.:
WEEK DAYS.
7:00 AM to 2:00 AM. Braxi 15 Min. Loo am to 10:00
30 Ma
10.00 AM to 11:00 £1,
*
ry Ma
Iz30 AM. to 12.15 2.46.
H
15 Max.
18.4$ P.M."100 KISIM.
I
5.35 P.. to KAI 2-M.
+45 73 SIL FM, IA 300 Me 5:00 PM toto yu
NIGHT CARS.
#
w
every quarter piani hour, SUNDAYS.
10:30 AM EVERY 15 M, 1L00 AM..
6.00 M
8.60... En
7.00 13. - 7:00′ F,M) 10
19 Man, NIGHT, CARS [14]|[on] Wask,Kaya) |
SATURDAYE
SPECIAL CAPE, É. - Kejkapantat az cha Company's Chica,
"Alexandra "Balálp,
Capital Fully
Paid-up...Sh. Taels 7,500,00 Head Office.--Shanghai. Board of Directors-Berlin. Branches:: Berlin Calcutta Canton Hamburg Hankow Kobe Peking Bingapore Tientsin: Tainanfu Taingtau Yokohama. LONDON BANKERS; - Messrs. N. M. Rothschil. & Sons. The Union of London and Smith's Bank Limited, Deutsche Bank (Berlin), London Agency.
Direction der Disconto Gesell-
schaft.
Dresdner Bank. INTEREST allowed on Current Account. -DEPOSITS received on terms which may be learned on application. Every description of Banking and Exchange bust ness transacted.
THE MERCANTILE BANK OF
COTTON MILLS.
MISCELLANEOUS.
106 b. [144 b.
China-Borneos ... $12 $91 Light and Fowers $101.
Do. (Spec, sharoş) $144 je
$10
189
China Providents
46 $27 Dairy Farms. Green Islands
$10871 Hongkong Ices Hongkong Electrics $10 445 b.
$25 $150 b Hongkong Bopes $10 $224 b.
Langkate
6. 10 T31 88
32
R. TIMMERSCHEIDT,
Manager. Hongkong, 9th Oct, 1911.
[2] Morning Post
Peak Tramway
$25 $22
$10 $1014 B.
Do. (naw) $190 ota. b.
INDIA, LIMITED,
Hongkong Electric Train-8/9 Authorised Japital £1,500,000 Philippines
$105
Bubscribed
11
*་,
“............. 1,125,000 H. Price & Co., Ld. $10-$6
562,500
Pre 415,00g Booiste des | forred
Paid Up Reserved Fund "............
BANKERS: Bank of England. London Joint Stook Bank, Limited,
Interest allowed on Current As- counts at 2 par cont per annum on Daily Balanne and on Fixed Deposits at rates which may be setertained on application.
AR LINTON
THE ALEXANDRA CAFE Cannot be Beaten, if Equalled, For Bread, Cakes, Confectionery menle with Wines & Liquers.
$20
Pulpeset: $50 Paplorteries pald du Tonkin up $50
Benefit 8200 Shanghai-Bumatras T. 20 T150 Steam Laundry. ^_^ $5 - $3)#b United Asbestos
Oriental Agency, › 810 --8914 b. Ld
United Asbestos $10 $300
Founders Shares Union Waterbost Weismann, Ltd. Wation William Powell:
$10817 1/2 5.
$10830)
Cond to fugë punë, Nov. 18, NIS
»" 2nd ;, 3rd
for year ending 30'4'13
Interim of 3 pc, 8.2/5d per
share. Couvon No. 1 ac count year 30.6.12 Int. of 1/6 mak. 6/68/0.1918 1/2 for 1909
$4.50 for year 1913 $1 final dividend for
Year 1911 -
Tls. 3 for 1912
Interim of Tls 3 for 1913
Tls. 6 29*2*10
$3 on old shares, $1.50)
on newshares for half year 31'12-12
.
$312 for 12 year ending. 30 6.13
./
50 cents for 1912 $2.50 for 1912
Interim of 5 pc. for
year ending 30°6′13 half Į $2 for 14 year endin 30.6.13
15 per cent, for 1910-
7 p.o. for year ending
31'10'12
ending}
Tls. 10 for year, end-
ing 30'6'13
50 cente 31.7.08.
85 cents for 1912
end-}
70 cents for 1012 $1.30 foryear end'g.3173 40 cents for 1911 $1.60 per share for
#2 interim for 1913
81 interim for 1913
f Interim of Tis” I¬mak
ling Tla. 2 a/o 1913 None
*
80 cents on fully paid
shares and 8 cents on
$1paid shares for year ending 30.4.13
Interim of lid. per share
for 1918
None $1.50 for 1910
None
No dividend this year
50 ota, for year end g 31.5.32
(20 per cent. per ordinary share for year ended 31.5*1912
$1 per share for yearl
ending 31 12 1912
25 per cent. for year]
onding 31'7'11
260 cents for 1912
1, 40 ots, year ending 30'6′18 WRIGHT AND HORNBY, Bhars ned
Gateral brakers 5 De Youk, Road Central Tet, address Ranti udara Fly Belatrmob doer ass hold itself umpandite for any si the above quotaĖŠOMIS