Commercial.
South-East Borneo Rubber.
I
THE HONGKONG TELEGRAPH, WEDNESDAY, NOVEMBER 19, 1918.
Banks
INTERNATIONAL BANKING
CORPORATION.
Head Guice-do, Wall Serwet, New York: London Offca; wad, Ellahopeguis, AC BRANCHES
Bowboy Calcutta
Caston
Calon
Paking
ough to say that, morally speak, Shanghai Freight Report. ing, the directora should not take Messrs Wheelook and Cole dated the fesealready provided for in the freight market report, company's articles of association, Shanghai Nwamber 12, states:- without first asking the consent Our homeward freight market of the shareholders, With all due has been fairly active during the The report of the South-East respect to bis superior judgment, past fortnight and seeds baye Borneo Rubber Plantations, think he is taking an erroneous started moving from Hankow in Ltd, for the year ended Maroh view of the matter. When thore fair quantities, otherwise there is 21 Jast, stotea that tho is need for it, tho slirectors will, no change to report as far as manager reports that the are of their own initiative and in Shanghai and Tientsin are con planted up to March 31 last was such manner as they may drem cernod. 880 sores. Mr. Egges Post, who propor, reduce the amount of the
Cosstwi o The same state of visited the property in Jaly, refees they are entitled to under affaira prevaila bere as when We ports that the estate is in good clause 83. I now move, that last wrote-tonnage open for order and the now olearings show the report of the directors, trip abartaris difficult to find and is good growth, few supplies being together with the statement of likely to remain so until the closer, or for short perioda, ut vabam, which necessary. He alsostates that the the company's accounts, as pre: ing ofthe Northern Ports when we Lapping has been carefully done, sented to August 31, 1913, duly expect to see a certain amount of very little wounding being notice audited, be received, approved vessels thrown on the market and ULAR LETTERS OF sble and not too ruch bark used, and adopted." Before putting rates to become a little easier.
The crop secured for the year amounted to 20,092 lbs, against an estimate of 13,000 lbs., costing f.o.b. la. 1.84d. per lb. for the portion sold. This crop wa secured from 18,000 trees, 9,000 of which came into the tapping round in November. The osti
the resolution to the meeting. I shall be glad to answer Buy questions that any shareholder may wish to ask.
There being no questions the
GO-AHEAD Sydney.
Bougi
Στον της
شهد ممحاة
Yokedama
· Capital and Surplus Gold, 1.800,000
EVERY DESCRIPTION OF BANKING BUSI NESS waagrody "CURRENT ACCOUNTS opened on then, pemaju DEPOSITA RECEIVED, dand for one year as
may be apertained on
་་་ ་
Banks
T/T HONGKONG & SHANGHAI Demand
BANKING CORPORA-30 de
**** Exchange
Selling.
WT/T. Marka 1/11 5/8 T/T. Franes 1 11 12 16 Un Haiphong .1/11-3/ On Saigon 60 2/a
..1/11 13/16 On Bangkok 4 m/s
1/11 15/16 T/T Shanghal..............734 4 m/s. L/O
20114
|TT Japan M...................9680d/6,8'ney & Melbourne,,,2/-1/2
T/T India"............................................14694 80 d/s. San F’oo & New York. 4856. T/T Bombay
.....................................14692 | 4 m/s. Marks
pm.
TION.
.7814
Buying.
Paid-up Capital
Kobe
$15,000,00
2-1/4
Hanila
Maxi
| RESERVE TUNDS:
Praama
T/T Singapore mämmin.847 4 m/s. D/P Private 30 d/s aight S'hal: 73% 6 m/s. L/O
3/8
7/16
Sex Frasches
Sterling
.2.07.
Hilver
£1,500,000 at 2/-
$15,000,000
17,450,000
Domand Bombay. ........................ 147.0°) 4 m/s. Franos`
2.55
T/T Caloutta
1484 | 8 m/s. do
2.57-
Demand Caloutta
.147 - Bar8llver, ready
.27 3/8
Demand India
*******147;
forward
27 5/16
Demand Manila
0614
old Leaf per taél »
.53.30
T/T. San Fo & New York T/T. JAYA・・ Maddalenaber ques
474
Bank of England rate
119
Sovereign
.610.10
$92,450,000
..$15,000,000
Bubaidiary Colna
Oplum Quotation.
Oct. 24.
Discount per $100
Malwa, Now
$4,600 perpic.
Malwa, Old
4,700
69 3/83
Patus, New
5,825 perche-
Patna, Old
5,700
2016
Benaren, Old.......
BILLS NEGOTTA LECTED,›
ser
KAINIAN TALEPHATHIC KEHITTANCES NÉETTERS OF CREDIT 10A PRATES, DENTAL, THE LANKE,
CREDIT ANAValiskie af over the Wardig
COMMERCIAL LETTERS OF CREDIT „PURCHASE pad BALE of Brocks and Blaces exacted.
ET VELLERS CHECKS 101Ä #26 casbad."
GEORGE HOGA,
Manager.
9. Queen's Bosd, Hongiun,
motion was seconded and carried. Development of Chief Australian Bangkong, lm Nov., 1918).
Mosers. Evatt and Co. were re-elected auditors and Mesars.
Port.
-19:
mate for the current season is 50,-Chi Kang-cheng and Tan Chengmunity but all who are engaged OKOHAMA SPECIE BANK |
lock, directors.
000 lbs." It is not proposed to extend the cultivated area at pre- gent. The dircatora consider that
Taiping Rubber Estates, Ltd. it will be necessary for the com-
The statutory meeting of the pany to have at its disposal a for- ther sum of about £5,000 to carry Taiping Rubber Estates, Ltd., on the estate, and they now have (1913), was held at the Palace under consideration steps to be Hotel, Shanghai, on November 13. taken for raising this amount. Mr. B. A. Clarke presided, and Thoy anticipate that this money the attendance included Mosers, will be sufficient without making. Frost and E. S. Kadoorie any further financial arrange (directors). The total number of
eliares represented was 70,244.
ments.
Malaka Pinda Rubber; -
The third annual meeting of the Malaka Pinda Robber Eetatos, Ltd., was held on November 10 at the registered offices of the company, Singapure. Mr. Le Choon Guan presided over fairly good attendance of share
holders.
Д
The Chairman said :-
Not only the shipping com-
in Australian trade have an in- terest in the announcement that Sydney, the capital of New South Wales, and the principal port of Australasia, is to embark upon a most important scheme of deve lopment and improvement.
LIMITED.
Authorised Capital Yen 48,000,000 Established 1880.
Paid-up Capital Reserve Fund..... 18,550,000
Head Office.
Branches Antung-Hsien Bombay Calcutta
London
50,000,000
YOKOHAMA.
Agencies at
Nagasaki.. Newchwang, New York Osaka Pekin Ryofun
Port (Arthur)
San Francisco
Shanghai"
Tichling
Tientsin
Tokyo
Los Angeles
Interest Allowed on Current Account.
"The work is to oost 6 millions sterling, and will, make something like ten years to complete. The improvements, the Evening Stan- dard is informed, include the Changchun construction of 42,000ft. of new Dairen Gentlemen, The statutory wharfage, and the deepening of Fengtion roport was posted to shareholdere the Western entrance to the har Harbin on November 1 and has no doubt baur to 40ft. The Eastern change! Hankow had your attention. From the has already a minimum depth of Honolulu report you will see that the total 40ft. at low water, and when the Kobe number of shares allotted to work of deepening the Western Liao-Yang shareholders was 125,731 and that channel is completed, the part the total amount received in cash will be in the unique position of Lyons by the Company in respect of having separate incoming and shares issued was Tle. 44,209, outgoing deep ship channels. representing in all a full capital. Already the Sydney Harbour of the Company of Tis. 200,000 Trust has done a great deal to A complete listof the shareholders warde making Sydney one of the is now on the table for any one most up-to-date ports in the who wishes to inspect same.
world, The expenditure up to the close of last year was about seven millions sterling. The old wharves have been practically re- constructed. and new wharves and sheds ereated; and the new scheme provides berthing accom- modation for the whole of the State and inter State fleet, as well. as for eighteen or twenty of the largest ccean-going steamships, having a burthen of some 200,000 or 250,000 tone
This meeting is called in so cordance with Section 60 of the Companies Ordinance 1911, but before saking you to pass the state atory report I should like to make a few remarke in connection with the estate since the annual general meeting
periode at rates to be obtained on Deposits received for fixed application.
EISHT ONO,
Manager,
Hongkong, 30th Sept., 1913. [18]
THE OHARTERED BANK OF INDIA, AUSTRALIA AND
CHINA.
Incorporated by Royal Charter 1853.
Matka
*4
|
Rearove Liability of
Propriators
COURT OF DIRECTORS. Chinese...20 ots.ploooo 89 1/8% S. H. Dodwell, Esq., Chairman, Chinese,10 Hon. Mr. D. Landale-Deputy Hongkong.20
Chairman,
G. Friesland, Esq.
E. Goota, Esq.
C. 8. Gubbay, Esq.
P. H. Holyoak, Esq.
G. R. Laurens, Eeg,
W. L. Pattanden, Esq.
J. A. Plummer, Esq. Hon. Mr. E: Bhellim, H. A. Blebs, 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. por Annum on the daily balance
ON FIXED DEPOSITS. For 3 months. 2 per cent per
Annum.
For 6 months, 3 per cent per
Annum; **
"
Hongkong.10
Benares, New ...... 5,325
SHARE REPORT.
S-SELLERS
Stocks & Part ựp Valori
BANKS.
Hongkong & S'haf $125
MARINE INSURANCE Cantone North China
SA-SALE
Chapte Q1021
8790 sa. & b,
(£79/10
850 390
£5 T133
$100 $810,
AD-DUYERS;
5,950
LAFT DIVIDEND AND PATE
£2 at ex 1/156 equal to $20,31 for 1 year ending $0/6/13
$18 for 1912
Final of 10 p.o, making
20 p.c. for 1912. Final of 820 making $50 for 1911 and Interim of $30 for 1912. Final of $12 mak. $15 for
1911& Int, of 83 for 1912)
Unions
Yangtzes
£50 $195
· FIRE INSURANCESİ
$20 (8161
b.
810 for 1911
850 8380
8.
$27 for:1911
T
"188.
81 for 1906
China Fires Hongkong Fires SHIPPING, China & Manilas 625 Douglas Steamship $50 $30 Steamboats Indo-Chinas
$15 $2894 b.
(Preferred) 25 $84 :: (Deferred)
For 12 months, 4 per cent por "Shell" Transports-£1
$2.50 for your end'g30'6'13 Interim of $1 for half year ending 30'6'13 (6 p.c. for year 1912 on
preferred shares
(Final of 4/- making 6/- for yearending 81'12'12
Int, of 1/- a/c. 1913
$2 on 10,000 sharoa lat issue
Annum,
£11
.b.
N. J. STABB, Chief Manager
HONGKONG SAVINGS BANK
"Star Ferry" {:610. 844
$2 on 10,000
b.
$1 on 10,000
1
REFINERIES
THE Business of the above
$100 $93 Bank is conducted by the China Sugars HONGKONG AND SHANGHAI Luzon Sugars $100 $93 BANKING
MININO. CORPORATION. Rules may be obtained on ap-Chinese Engineerings 2152 plication.
LAN
INTEREST on deposits in al-Tronohe
£1 48/8 lowed on the minimum monthly Raubs
£1 8334. balances at $3 Per Cent. per an- DOCER, WHARYES, & ODOWNS. num,
Kowloon Wharfs 050 885 21. & b. Depositors may transfer at their option balances of $100 or more
H.K. & Wpos Dooks $50 - $75 Reserve Fund..........£1,700,000 Bank to be placed on FIXED Hongkow Wharts T. 100 T.107
£1,200,000 to the Hongkong, and Shanghai Shanghai Dooks T. 100 55 Reserve Liability of
DEPOSIT 4 Per Cont. por Proprietors.........£1,200,000
Paid-up Capital
HEAD OFFICE.-LONDON.
In proposing the adoption of the report and
accounts, the chairman said:
Gentlemen, the report and ac- counts having been in your hands for the usual period, I will now take them a read. Before moving the usual resolation, I will add a few words by way of explanation and commeat. In accordance with the directors' recommende tion last year, the sum of $15,000 was placed to reserve account In The financial rear of the view of the continued depreared Company would have ordinarily state of the rubber market, your ended on September 30, but your directors have thought it advis Board of Directors considered it able to write off that reserve advisable, when arranging the 10- The great ocean liners from to property account, and also construction, to make it more Europe and the East now berth a further sum of $35,000 out of convenient for everybody that the at Circular Quay, at the head of FOREIGN EXCHANGE and hai. Banking Corporation,
For the Hongkong and Shang-Anglo French Lands T.100 T.94 $125 the year's profits. Sufficient is financial your should end with Sydney Cove, where there is a General Banking business trans- N.J. STABB, Chief Manager. Hongkong Hotels $50- left, however, to enable us to the calendar year, so that the new wharf 1,300ft. in length, and the actad
085 declare a firal dividend of 3 per company's first year will therefore American linera at Woolloomooloood and FIXED DEPOSITS re- DEUTSCH ASIATISCHE
CURRENT ACCOUNTS.open-
Hongkong Lands $100 $111 sa. cent, (making & per cent. for the end on December 31, 1013.
Bay, where there is s wharf caived for 1 year or shorter periods
Humphreys Estates $1069.10 b. Since the reccustruction was 3,000ft. in length. There are also at rates which will be quoted on year), and to carry forward a sum
Kowloon Lands $30 645 of little over $6,000: I trust assured and the Company were in wharves for cargo boats in Dar application. this policy has your approval. fuads your directare took advant-ing Harbour, Pyruoat and Black.
A. 8. HEWETT, The loan of $20,000 appearing age of the position to bring the wattle Bay, and all along the
Shanghai Landa T. 30 T. 94. Acting Manager. in last year's balance sheet has estate into first class order and I enstern side of Syduny. The total Hongkong, 11th April, 1912. [22
West Points #50071" am now pleased to say that this length of wharves and quaye has been done and the planting belonging to the port is twenty-
Manila M'pole Hotel P.10 P. 8 full area duly three miles. up of the comploted.
T. 30 T. 144 b. T, 118 b.
been wiped out by payment in fully paid ahares in the company as mentioned in the chairman's aperch at the lant annual general meeting, and the ospital of the company now therefore stands
The importance of Sydney from THE The various work on the estate a shipping point of view may be has been carried out to the satis-gathered from the fact that the
Notices
CHINA PROVIDENT LOAN AND MORTGAGE LO., LTD.
Loans made on the Provident
System.
annum.
Capital Fully
BANK.
Paid-up...Sh. Taels 7,500,00 Head Office-Shanghai," Board of Directors Berlin. Branches:
LANDS, HUTELS & BUILDING B
COTTON MILLS.
Berlin Caloutta Canton Hamburg Hankow Kobe Peking
EwOB Singapore Tientsin Tainanfu Talngtau Yokohama Shanghai Cotton
MISCELLANEOUS.
b.
b.
*
2nd
3rd
for year ending 30'4'13
43 for 1912
$9 for 1897
Interim of 3.0, 8.2/5d per share, Coupon No. 1 ac- count year 10.6.12 Int.of 1/8 mak. 6/8a/c. 1913 1/2 for 1909
84.50 for year 1912
$1 anal dividend for}
Year 1911
Tis. 3 for 1912
Interim of Tia 3 for 1913,
Tim. 6-29'2'10
$3 on old shares, $1.50)
on newshares for half
year 31'12'12
$34 for 4 year ending 30.6.19
50 coats for 1912.
$2.80 for 1912
Interim of 5 p.c. for
year ending 30'6'13 half $2 for 14 year ending! 30.8.19
15 per cont. for 1910,
7 pc. for year ending
31'10'12
Tis, 10 for year end
ead-}
ing 30'6'13
106) 1432
8.
50 centa 31.7.08
85 cents for 1912
70 cents for 1912
LONDON BANKERS: Messrs. N. M. Rothschil & Sons. Laon Kung Mow The Union of London and Smith's Kung Yik
Bank, Limited.
Hongkong Cottons $10 $9 Deutsche Bank (Berlin), London Agenov.
China-Borneos ⠀⠀⠀ #12. [$91 -
schaft
Do. (Bpes, shares) $1 f Dreadner Bank
China Provided to $10 $9 INTEREST allowed on Current Dairy Farms a $6 $27 b.
810 87 Account. DEPOSITS received Green Islands
Ba. & b. b. on terms which may be learned Hongkong Electrics $10 $44) $25 $150 on application. Every description Hongkong Iss
ness transacted,
fally subscribed at $450,000. faction of Mr. Webster, who re-value of the goods imported and
As regards the working of the cently returned from the F.M.B. exported during last year amount- (Capital Faid up...$1,250,000.) estates during the current year, and the Board have been daly ed to nearly £80,000,000, the Loans on Mortgage of House Pro- the general manager estimates informed by him of the satisfact- deep-sea trade representing "sperty, &co... that the cost of tapping will be ory condition of the Estate, and value of £85,300,000, of which Goods received on Btorage. considerably reduced by the though there has been a big 228,400,000 fall to the share of Advances made on Merchandise: Direction der Disconto Gesell-Light and Fovers $101 $5 adoption of the Malacca Planters' slump in rubber your Board hope the United Kingdom, £11,100,000 Association's scale of wages, and that with the end of the present to that of British possessions, and as the estates are now practically financial year they would be able £25,800,000 to foreign countries clean-weeded, much less money to make a start in the way of During the last ten years the will be expended on weeding. paying a dividen 1.
tonnage of vessels entering the The estimated output for the The reports which we receive port has more than doubled. For current year is 190,000 lbs. So monthly from Mr. Lenaler, the the year ending June last it was far, it has been as follows: manager, are quite satisfactory 8,714,062 tone, an increase of September, 15,000 lbs., October, and we think the Company have 522,979 on the previous twelve 15,000 lbs.
now an estate which will prove a months, and greater than the satisfactory investment to all ports of Glasgow, Hull or Ply. shareholders.
mouth in 1911.
Then as regards directors' fees. Through an oversight, the sum of
With regard to the output of $2,048.75 was set aside, last year as directors' remuneration in rubber, the proepocta for same, accordance with clause 83 of the exceeding the estimate, are now company's articles of association, assured. The estimate for the The mistake hing, however, been year was 36,000 lbs, and up to! adjusted in this year's accounts, October 31, viz: the first ten the directors being credited with months of the year, we have (Alexandra Buildings ONLY.) $1,000 for last years and $3,488-harvested 38,650 lbs, so that with
Notice
KOMOR'S
Des Voeux Road, Central.
Japan
EXHIBITS WATER COLOURS.
Master Works by:--
E KATO, Jos. YAMAMOTO, 6. ISHIDA, K. MORI, SHISEN, KASETSU, Old Prints and Kakemonos
also
46 for this year's fees. The the present month's and Decem-The Art Union O:mpany in hon in existence Ler's productions we hope that three years, an 1 the total amount the total will be at least 48,000 set aside for directors' remuner-lbs., which will be 12,000 lbg, over ation during that period is the original estimate, $4,488 66, or say an averago of
Gentlemen, this is all I have to little less than $1,500 per annum say, but before asking you to divided among six directore. A pass the Report I will be pleass shareholder has written express to answer suy questions to the ing disapproval of clause 83 beat of my ability. abovementioned, and appears to No questions were asked, and en think that the directors are make the proposition of the Chairman, ing a very handsome thing out of seconded by Mr E. S. Kadoorie, the company in foss. Not content the report was unanimously ap with simply expressing dis proved. approval, he has been good en-
The liquidator's report was lator read by Mr G. H. Thomson,
at
MESSAB, KOMOR & KOMOR Des Vœux Road. These pictures will be sold at REASONABLE prices to introduce them, and are warranted to be genuine.
Please note that the address of Messrs. KUNN & KOMOR and KOMOR'S ind
ALEXANDRA BUILDINGS DALY,
DES VOUX BOAD..
OF
of Banking and Exchange busi Hongkong Ropes: 610 622) b.
(Rates and Particulars on ap-
plication).
The Office of TRUSTEE, EXECUTOR
WILLS, ATTORNEY, &, Undertaken and Executed.
SHEWAN, TOMES & Co. Hongkong, 19th March, 1998 52
General Managers.
PEAK TRAMWAY CO.
LIMITED.
TIME TABLE.
WEEK DAYS.
10.00 AM.
2.00 M. to. São am. Evaxy og Max, 1.00 AM. 10 20.00 A30, to **30 A.. 10 13.43 3.M.
141 73. 10 MES 7.1. to 5.00 7,38, 10
1.35 7.
105,00 13. Í 2. NIGHT CARS.
20 MIN.
Max.
MIN. 10 MIN.
1. and 9 TM, 9:30 Fs. to
TLOOK skalí kous,
15,00 7,METEO) 11:45 PM.
*very quarter alanbour. SUNDAYS.
100,0 15,50 1-14 Every og kfzx, 1030 AM 10 ̧. 11:00 AM. D 11,45 AM. 10 - 17:30 Noon
1,00 PM, to 5.00 7
400 M
10 Mx 1.00 9.M. ta 8.00 F.M. 45 2009 M
'NIGIET CARS (as on Wask Days!
SATURDAYS.
· Extra Caro, et' be (midnight.
SPECIAL CARD..... Arrangement at the Company's Dillon, .
· R. TIMMERSCHEIDT, Langkata
Manager. Hongkong, 9th Oct., 1911. [2]
Morning Post Peak Tramway
THE MERCANTILE BANK OF
INDIA, LIMITED. Authorised spital.
Subscribed.
Paid Up
Reserved Fund.
BANKERS:
g. 10 T29)
$25 $22 $10 $10.
„Do, (new) || $1.99 cts.b. Hongkong Electric Trams 8/6" 1,500,000
$10 85 1125,000 Philippines
562.500 H. Price & Co., Ld. $10 $6
Pre- $15,000
Soolete don | førred"
Bank of England. London Joint Stook Bank, Limited,
Interest allowed on Current Ao- counts at 2 per cent per annum on Daily Balance and on Fixed Deposits at rates which may be asnortained on application.
AR LINTON
THE
ALEXANDRA CAFE Cannot be Beaten, if Equalled; | For Bread, Cakes, Confectionery meals with Winos & Liquers.
Pulpeset
Papierteries
du Tonkin
$50, $20 paid up: 850
Bonafit || 8200". Shanghai-Sumatras T. 20T.150 Steam Laundry... United Asbestos)
Oriental Agency, $10 $934
Ld.
United Asbestos
Founders Shares $10 $300 Union Waterbost
Weismann, Ltd. Watson
William Powell
$10 $17 1/2 b...
$10 390 b. $10 873 b
49- Corrected 'ta' ia-20 D.. Nov. 15 2431
$1.30 for year end'g 31*7*13
40 cents for 1911 -
$1.60 per share for 1912. $2 interim for 1913
$1 Interim for 1913
Interim of 'Els. 1 mak ling Tls. 2 a/c 1913 None
80 cents or fully paid)
shares and 8 sents on $1 paid shares for year. ending 30.4.13
Interim of Id. per shure
for 1913 None
$1.50 for 1910.
Nono
No dividend this yoari 50 cts, for year end'g 31.5.12-
(20 per cent, por ordinary share for year ended *31*5*1912
81 per share for your Sending 31*12*1912
25 per cont for year)
ending 31°7′11
60 cents for 1912.
40 ote, year ending 30'6-12 WRIGHT AND HORNBY, Bhari mað
Gaveral brokers & Dá Vorsa Xoad Cantral Tal, näärmen Kastilada, t
The Telegraph down non laid lesatí vesponsible for any at aka Khoes TROCALÍONSs