COMMERCIAL
Canadian Bond 'Issues.
The Money Market.
According to the annual state- ment of Mr. E. & Wood, president Business remained dull during of the Dominion Securities Cor- last wrok at Shanghai. Theroporation, Canada in 1915 sold was a general falling off in clear bonds aggregating a total value ancea. Up-country demand is of $373,795,295 (£71,739,050). rather slack at the moment. To a certain extent the political sit-
Of this amount · $22,380,666 assion is reported to be retarding ($4.177,333) WAA devoted to business. The slackness, however, Canadian corporations operating is noticeable more in the piece in foreign countries and chief goods and yarn trade than in any in Mexico and Brazil About other trade. There was a small export moventent in the outports. $277,470,780 (255,404,158), was Money conditions remain un-placed in great Britain. Despite changed for all practical purposes. a period of financial stringency, It must, bowever, be noted that the figures for 1913 exceed those the native banks have less silver now than daring the past few for 1912, when the weeke. The stock of silver in $272,937,982 the banke is composed of Tls; and 39,600,000,
** for $10,565,000 and the total 1,148 bare; of this total the
was. $266,812,183 native banks, including the Bink (£53,302,507). Thus practically of China and the Commerojat75 per cent. of the cacurities was Bank of Chins, hold between marketed in them Tla. 4,250,000 and $4, although the significant amount Great Britain 810,000.
of 850,720,702 (2.10,141,159) or 13.8 per cent,, was in the United States.
of
total (£54,587108). "Then
1911
THE HONGKONG, TELEGRAPH, THURSDAY, MARCH 5, 1914.
Public Companies
Banks
THECHINA FIREINSURANCE INTERNATIONAL BANKING
CORPORATION.
·COMPANY, LIMITED.
in
ING of SHAREHOLDERS HE. FORTY-FIFTH MEET- the Company will be held at the Company's Office, No, S Queen's Road Central, Victoria, on THURSDAY, the 19th March,
1914, at 12 o,clock NOON, for the purpose of receiving a Statement Directors for the year ending Slot of Accounts and the Report of the December, 1913.
the Company will be CLOSED The TRANSFER BOOKS of from 6th March to 19th March, both days inclusive.
By Order of the Board of WB Directors.
C. PEMBERTON -
Secretary. Hongkong, 26th February, 1914. HONGKONG FIRE INSUR- ANOE CO., LTD. NOTICE TO SHAREHOLDERS,
THE Forty fifth
Ordinary Meeting of shareholders placed will be held at the Offices of the It is undersigned at 12.30 p.m. on
THURSDAY, the 19th, instant.
Hund Oeste, Wall Street, New Yo London Office; wyd, Bishopsgate, EC
BRANCHES :---
Bombay Calcutia Canton Cabu
Kobe
Colon Empire Hongkong Напкой
Capital and Surplus
والحدي
Metica
Banks
HONGKONG & SHANGHAI BANKING CORPORA
TION.
Selling.
T/T
Demand............................
T/T Singapore
Exchange
T/T, Marke
.1/11-1/18 T/T. -- Franon ... wirines 1/11 1/8 On Haiphong to
1/11 3/16 On Saigon
1/11 3/16 On Bangkok .1/11 1/4
Buying
196
8.42
pm
............................................7336 4 m/s. L/C
........8242 √ 4 m/s. D/B... Private 30 de asight S'hai ...743 T/T Japan. T/T India T/T Bombay Demand Bombay14444 m/s. Francs 2.47 1/2 2.49.1/g
1/11 7/16 ..............................1/11 9/16. 6 m/s. L/0........1/11.911 9430d/s.S'ney & Melbourne1/1147
30 dje.San Fee & New York
m/s. Marke 201
Paid-up Capital ..$15,000.000 RESERVE FUNDS:
T/T Shanghai
Sterling
PRELER
Fuking
porni, San Francisco
Shanghel
Gold $1,900,000
equal 10,000
Yokohama
NESS tracted
EVERY DESCRIPTION OF BANKING BUSI CURRENT ACCOUNTS opend on the ra
terms,
DEPOSITS' RECEIVED, dred for one year
4X prasnom, or for shorter periods, i znika, which
de curtained on appletion. BILLS NEGOTIATED and COLLECTED, MAIL and TELEGRAPHIC REMITTANCES
Manda.
LETTERS OF CREDIT and DRAFTS maked an all the urincipal cities in the World, -
THE BANK'S CIRCULAR LETTERS OF CREDIT vaflable all over the Worl
COMMERCIAL MATTEKS OF CREDIT
izzzed.
FURCHASE and SALE of Stocks and Share
PRAVELLERS CHECKS sold and bad.
GEORGE HOGG
ז'
Manager. peen's Road, Bongk Hagkarg, 1st Nov., 1912–
YOKOHAMA SPECIE BANK
U.S. Eastern Trade. The Journal of the Amerion Asiatic Association atates:-Thore thought that in considers tion of
THE are, happily, indications improvement in our export trade
|the increasing tendency of AmeriCompany will be CLOSED from The Transfer Books of the
LIMITED. to China. The total exports to
can capital to establish branch the 5th. to the 19th. instant, both Authorised Capital Yen 48,000,000
Established 1880. Chins and Hongkong, including industries in Canada, sina hai diye inclusive.
Paid-up Capital ... JARDINE, MATHESON
30,000,000 Reserve Fund .............. 18,550,000
Hoat
General Managers. kong, Fire Insurance Co.,
the leased territory, for the 10 with the large annualimraigration! months ending with October, from the neighbouring country, amouated, to $31,180,408. against the 'markot for Canadian securi $26,852,162 for the correspondies at American financial centres Hongkon 5, 2nd Mar, 1914 [1134 ing period of last year.
elightly will steadily expand,
Imports, too,
far this year to
are
advanced in value, amounting 80
a little over
Mr.
in
235,000,000 against $31,000.00 khác
also
Wood shows
1913 Canadiana $45,603,753
The Year's Bravest Derd.
Ltd.
Notices
NOTICE.
R. WILLIAM HOTTON consent from the firm on the 31st POTTS retired by mutual December, 1913. Edward John Chapman futo part We have this day adnitted Mr. nership.
LINSTEAD & DA VIS,
NUTICE. ·
Deacon in our firm cessed on the HE interest and responsibility of Mr. Frank Barrington 3rd April, 1913.
DEACON, LOOKER, DEACON & HARSTON, Hongkong, 25th Feb., 1914. LESSONS IN CHINESE.
MR.
Head Office.-YOKOHAMA.
Branches Antang-Iisien
Hobay Calcutta Changchun
Dairen
Pelin
Agencies at
Nagasaki
Newchwun
New York
Osaka
Fengslen
Kyolun (For
Harbin
Aubur
Hankow
Sn Francisco
Honolulu
Shenghal
Koba
Tickling
Liao-Yang
Tientsin
Lund, 1
Takys
Lyond
Los Angeles
Tsingiau
Taingiau
Interest Al'owed on Current Accoval,
£1,500,000 at 2/--
$15,000,000 Silver...$17,650,000
$82,650,000
Reserve Liability of
Proprietors....... ...$15,000,000
T/T Calcutta
******** ***.........144)
.144
*****... 144. 16 in/s. do Demand Calcutta.......1441⁄4 BarSilver. ready...26 7/8 Demand India
*****«144 ·° Demand Manila 9434 T/T. San Fou & New York 469 T/T. JEVE
.116 འག་་་། « * }ssu Subsidiary Coins. Discount per $100- Chinese...20 ets. pieces $12 3/8 Chinese ...10
forward Gold Leaf per tool........ 54.40
......26. 7/8 - Bank of England rates.3% Rovereign
.10.35
COURT OF DIRECTORS. Hon. Mr. D. Landale.-Chairman. W. L. Pattenden, Esq. Deputy Hongkong.20
Chairman.
Hongkong.10
S. H. Dodwell, Es ..
G. Friesland, Esq.
E. Goetz, Esq.
0. S. Gubbay, Esq.
P. H. Holyoak, Esq.
C. Landgraf, Esq.
J. A. Plummer, Esq. Hon, Mr. E. Shellim, H. A. Siebe, 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.
ין
19
$13 $46 $6 15/16
Oplum Quotation-
Malwa, New
% Malwa, Old....
Patna, New
Feb 27,
$8,200 porche
9.395
8,500 19
Patna, Old............ 9,800
Benares, New
9.050
Benares, Old......... 8,025
TO-DAY'S SHARE REPORT.
A-SELLERS JA-SALES B-BUYERS.
STOCK & PAID OF VALUE.
BANKS.
Hongkong & S'hai $125
LONG
Q'TION
M
$8124 b.
£82
$50 323
£5 T139 b,
MARINE INSURANCES, Cantone
North China
Unions
$100 1845 sa.
N-NOMINAL
LAY DAVIDAND AND LATE-
£2 & 5/- b. at ex 1/1 1 3/16 |
equal to $23.29 for
vear ending 31/12/13
$18 for 19:2.
Final 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.815 for
1911 & Int, of $3 for 1912 )
*$*0 for 1911
Yangtzes
£50 $200
b.
FIRE INSURANCES;
China Fires Hongkong Fires
ON. FIXED DEPOSITS. For 3 months. 2 per cont per
Aneum.
$20 $157 $50 $395 SHIPPING. China & Manilas $25 $81 Douglas Steamship 850 $34 Steamboats $15 $283
8.
$27 for 1911
b.
$1 for 1906
b.
Indo-Chinas
(Preferred) (Deferred)
£5 674
Annum.
102/-, b.
(£11 b.
$10 648
b.
REFINERIES:
$100 $95 $100 $31,
b.
$3 for 1912
$3 for 1897
#
MINING.
Deposits received for fixed periods at rates to be For 6 months. 3 per cent. per obtained un application.
Hongkong, 30th Sept., 1913. [18 EISHI ONO, Manager,
THE CHARTERED BANK OF
INDIA, AUSTRALIA AND
MINA
Vi
Incorporated by Royal Charter 1859.
For 12 months, 4 per cent. per] "Shell" Transports £1
Annum,
N.J.STABB. Chief Manager HONGKONG SAVINGS BANK THE Business of the above Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION. Rules may be obtained on ap-
tion.
EST on deposite is "al- nimum monthly
^nt, per an
plio.
INTER
Paid-up Capital £1,200,000 lowed on the n
BAD OFFICE-LONDON. Reserve Fund.....£1,700,000 balances at 83 Per L Reserve Liability of
Proprietoa......£1,200,000!
acm
Depositöra may transfer at the option balances of $100 or more
"Star Ferry
China Sugars. Luzon Sugars
Chinese Engineerings £140/- Tronche
21 31/6 Raubs
£1 $3 DOCKS, WHARVEI, a (ĮDOWNE
b.
Kowloon Wharfs $50 185 b.
7.&W'pos Docks 850 ||175
~anks T. 100 : 50
. 100
6.
T.100 8.
FOREIGN EXCHANGE and to the Hongkong and Shanghai Shanghai General Banking business trane Bank to be placed on FIXED Hongkow Wharts...
DEPOSIT 4 Per Cent, por
acted.
for the first 10 months of 1912. themselves took
Exports to Japan show for the (£9,120,750) of the securities 10 months a gain of $2,700,000, issued, or 12 2 per cent., a and importe from Japan, which against $37,735,182 (27,547,036), have now reached a total of $78. or 13.82 per cent., in 1912. Of 000,000, show a gain of $8,000, the total bond issues for 1913 000. The volume of exports to Government bonds represent British India still shows a slight $53,068,550 (810,603,310) muni decrease over last year, though cipal $115,701,925 £23,152,38, the importe have attained the railway $108,520,044 (£21,705,- total of 897,000,000 against $79,609), public service corporatio as Hongkong. 2nd March, 1914. 000,000, for the 10 months of $26,574,479(25,314,898), miso all. 1912. Exports to the Philippine aneous corporations $47,477,,631 Islands are $2,700,000 over (49,405,520), and Canadian cor those of last year,
China has resumed ite primacy countries $22,386,660 (54,477,- porations operating in foreign as a market for cotton piece goods 332). by taking for the ten months aloze upon soven millions worth against a little over four millions for the same period of last year. The Philippine market took up to the end of October cotton clothe from this side valued at $4,852, 731. For all Aasis the exports for ten months reached the sum of $100,651,052, against $06;136, The Stanhope Gold Medal of 337 in 1912 and $76,506,462 in the Royal Humane Society, for 1911. This gratifying progress the most deserving cass is shared by Oceania, which al-bravery during the year, was together independently of the awarded to Commander Wilfred Philippines, found a market for Tomkinson, RN., for a gallant Dearly $44,000 of American attempt to save the life of Will exports in the first ten months of iam R. Ball, A.B.. who whe the present year.
washed overboard from sub- marino B 4 of Bigbury Bay. Chinese language are requested Those who intend learning the Devon, on November 20 last, into write c/o "Hongkong Tele- in the Indian yarn market raced at full speed to the Hollywood Road, Lat floor.
a heavy sea. The destroyer Wolf graph" office or direct to 37 THE there was practically no business place, and as the at Shanghai last week worth helpless Commander Tomkin-
Hongkong, 29th Jan., 1912. mentioning. Small lots abanged son plunged into the sand. hands among middlemen. Al- brought him, close though the situation in Osaka vesal. A lifebuoy was thrown has improved, the local Japanese and caught, but broke, and they yarn, market has remained dall, were again thrown into the sea. with very small business doing. At great risk Commander Tor- Prices are reported to have kinson continued his efforts until improved in Osaka owing to the ali hope of saving the seaman faut of "bears" having had had gone..
Yard/
7
to cover short sales.
In the local mill yaro market
business was of very small pro-
Insa
of
W18
ture,
R. LI HON FAN, a Chineseed and FIXED DEPOSITS re
CURRENT ACCOUNTS graduate versed in litera
ород- European officials and merchants at rates which will be quoted on has been a teacher to ceived for 1 year or shorter periode in this Colony for over ten years.
application. ing Europeans to pass in the He has a good method of train-
A.S. HEWETT, Chinese examination, andis Hongkong, 11th April, 1912. [22 Aoting Manager. possessed of a first rate certificate
also a good knowledge of Manda- as a Chinese teacher. He has tin and Hakka.
EUROPEAN AGENCY.
Notices
CHINA PROVIDENT LOAN, AND MORTGAGE CO., LTD. (Capital Pald up...$1,250,000.) to the WHOLESALE buying agen-perty, &c.
Loans on Mortgage of House Pro- British and Continental goods, Advances made on Merchandise; cies undertaken for all Goods received on Storage. including-
Chemical Books and Stationery,
Loans made on the Provident
Sundries
Boots, Shoes and Leather,
Bystem. and
(Rates and Particulare on ap-
plication). China Earthenwals and Glass TRUSTEE, EXECUTOR
The Office of Ware,
Cycles, Motor Cars and Ac
WILLS, ATTORNEY, &o, deseories,
Undertaken and Executed.
SHEWAN, TOMES & Co. General Managers. Hongkong, 19th March, 19083
Druggists'
portions. A few transactions are Public Companies Drapery Millinery and Piece
reported on the basis of the fol- lowing prices: No. 16. (heavy) at Tla: 104/100); No. 148. Bt. Tls, 101.
Piece Goods. The market was dull in the
North last week both as regards
clearances and new business.
Quantities were reduced at all the auctions. The tendency at the Ewo and Kang Ping was on the whole towards lower prices. The
UNION INSURANCE SOCIETY OF CANTON, LID NOTICE.
FROM this date or until further
notice during my temporary absence from the Colony, Mr. C.HP. HAY will act as Secretary of the Society.
By Order of the Board.
C. MONTAGUE EDE, Secretary.
position was practically one of Hongkong, 2ad March, 1914. weakness at the Laen Fong. Of
Blightly lower prices, mexicans CHINA
grey goods, shirtings fotobed
and shootings were steady, and
cices. Of white goods, high and
jeans fetobedelightly higher
TRADERS' INSUR- ANCE CO. LTD.
NOTICE.
me lium grades of shirtings were FROM this date or until further
weak and low grades firm, jeans
notice during my temporary
and means were slightly lower absence from the Colony, Mr.
and sheeting steady. There were
CH.P. HAY will not as Secretary rather bezvy drops in black of the Company,
Italians and Valisus Turkey "reds were irregular, camlets wore
wer and lastinga ste
By Order of the Board.
C. MONTAGUE EDE, Secretary. Hongkong, 2nd March, 1914.
Goods,
Fanoy Goods and Perfumery. Hardware, Machinery and Metals,
Jewellery, Plate and Watches, Photographic & Optical Goods, Provisions and Oilmen's Stores, etc., etc.. Commission 2% to 5%. Trade Discounts allowed." special Quotations on Demand, Samole Cases from £10 upwards. Consignments of Produce bold on Account.
WILLIAM WILSON & SONS
(Established 18141.
25, ABOHURCH LANE, LONDON, E.G. Cable Addrena; "Annuaire, tendon.
MARTIN'S APIOLASTEKL
Kon? 1LS:
AFrench Xamedy hop all Isragelapkins, Toomande of Ledus siways keep a "Martin's Fils li
at of the hores, as t
•Insgelarity of the Hisaly does may be abandamere: Too sho
thetre
MARTIN'S APIOL STEEL SZOPILLS
annum.
hai. Banking Corporation,
For the Hongkong and Shang- N.J. STABB, Chief Manager. DEUTSCH ASIATISCHE
W
Capital Fully
BANK.
Paid-up...Sh. Taels 7,500,00 Head Office-Shanghai. Board of Directors-Berlin. Branches:
ge Anglo French Lands T.100 T.94 `LANDS, FOTELS & BUILDINGLį
Hongkong Hotels $50
$123 Hongkong Lands $100 Humphreys Estates $10 Kowloon Lands
b.
$112
1881
$30
$44
b.
Shanghai Lands T. 30 West Points $50 Manila M'pole Hotel P.10 P. 8
COTTON MILLS
T. 98
1967
T. 50 T. 134
T. 129
Berlin Calcutta Canton Hamburg Hankow Kobe Peking Singapore Tientain Tainanfu Tsingtau Yokohams. Ewos
LONDON BANKERS: Messrs. N. M. Rothschil & Bons, Shanghai Cottons The Union of London and Smith's Bank, Limited. Deutsche Bank (Berlin), London | Kung Yik
Laou Kung Mow
Agency.
schaft.
Dresdner Bank
Direction der Disconto Gesell Hongkong Cottone $10. 88 96 1121
MISCELLANEOUS. China-Borneos.. -$12 $11 Light and Powers 6101 DEPOSITS received China Providents
Do. (Spec. shares) $1544
INTEREST allowed on Current Account.
on terms which may be learned Dairy Farme Or on application: Every description Green Islands
PEAK TRAMWAY CO. LIMITED, TIME TABLE.
..
• WEEK DAYS.
.1.00 am, to· 1.00 4. Eyusu 24 Mani 100 4.10-10.00 AM
T 10 MIN.
10.00 4.54 $2.00
2.
15 ALIN,
113 to $.43
Tes F. to
"
TO MIN.
15. to
2.15. F.MI
10 Ma
23 Mark
NIGHT CARS
156 pm; and $ 2.M; 9:39 PM, to
12.00 PM every half konn --
„11:00 7M-30° KRAJ PM;,
EVOVY QUATIKY Of Raŭbons,
JUNDAYS.
2.00 2.6 10 10.30 am." Eriky ig Mind:
• 2030, AJL to 1.00 AM LAN
11:43 A., 10% 11.00 Now!,... 13.00 Nov to 1,00 1
1,00 2.58 to 1.00 Ft
11:00
#
to M
T HIK
to 1
By Ma
xd Min
am to 1:00 PM. 7:00 M, to --L.$OP.M., M
NIGHT CARS sa on Wock Daysi -
31 "JURDAY: SANA
Extra: Cóls" me' 187 midnight, SPECIAL CARS
Ky Arrangement atthe Company's 198
́Alarandra, Puliding."
of Banking and Exchange busi-Hongkong Blectrics $10 844 ness transacted
R. TIMMERSCHEIDT Hongkong Icee
Hongkong Ropes
Manager." Hongkong, 9th Oct., 1911.
12 Langkats
THE MERCANTILE BANK OF Morning Post
INDIA, LIMITED."
$1 on 10,000
2nd
$2.50 for year end'g30'6'13 Final of 81 for half-
year ending 31′12′13 ♫ (6.p.c. for year 1912 on
preferred shares
Interim of 1/- making 2 for 1913 Coupen No, 21.
$2 on 10,000 shares ist issue
# on 10,000
#1
for year ending 304'13
Interim of 35 p.c. 8 3/5d per
share, Coupon No. 1 ac- count year 30.6.12
Int. of 1/6 mak. 6/6 a/c. 191 1/2 for 1909
$4.50 for year 1912.
fot]
$1 final dividend for
year 1911...
Tis. 8 for 1912
Interim of Tls 3 for 1913
Ts. 6-29'2'10:
$7 on old shares, $8,50)
an new shares for
ending
year .
8316 for 12 y
31 12.13
50 cents for 1913 $2.80 for 1913"
Interim of 5 p.o. for
year ending 30°6′13 $2,25 | for year ending 31.12-13.
15 per cent. for 1910
Tis, 15 for year ending
31°10′13
Tls. 10 for year end-
ing 30'6'13)
T. 12 for year ond'g 31'1213
Tls. 1 for year ending
33°11'13
88.
50 cents 31.7.08
85 cents for 1912
70 cents for 1912-
$1.80 for year end'g 31*713
$1.60 per bare for 1919
$10 $9
6.
$6 $30
b.
$10 $6.30
bi
40 cents for 1911
8.
$25 $1853 s.
82 interim for 1913-
$10 $23
5.
$1 interim for 1919.
g. 10 T57) b
$25 620 $10
$10 8 & b.
$193 ote
Peak Tramway Do..(new)
Pald Up, gal areas" Reserved Fund
*** 1,125,000
562,500 Philippines $15,000 H. Price & Co., Ld $10 $6 $105
Pre-
Authorized Japital £1,500,000 Hongkong Electric Trama 8/- Subscribed:"#
BANKERS
Bank of England. London Joint Stock Baur, Limited.
Bobiote des ferred
Pulpenet 350 $20 Papiertellen paid
dia Tayikin up $50.
Benefit $200
Shanghai Sumatras T. 20,T.150
Interest allowed on Current Ac. Steam Laundry, counts at 2 percent per annum United Asbestos
on Daily Balasoo and on Fixed Oriental Agency, › $10 $914 b. Deposita at rates which may be d ascertained on application.
(Interim of Tls. 1' mak
ing Tis. & alo 1913 None A
80 cents on fully paid) sharea and 8 cents on $1 paid shares for year ending 30.4.13
Interim of lad. per share
for 1918. None
$1.50 for 1910
None
No dividend this year
60 cts. for year end g 31.5.12:
(20 per cent, por ordinary share for year ended 31*5:1912
$1.25 per share for yearl
$10
$20
· ending 31°131919
$10
United Asbestos? AL. LINTON
Founders Share $10 [$300 Manager Union Waterboat
Weismann, Ltd. Watson William Fowell
THE ALEXANDRA CAFE A Cannot be Beaten, if Equalled For Bread, Cakes, Confectionery meals with Wines & Liquons
Cointed to lego mm. 35a7, 5.30
25 per cent. for year
ending 31711
60 cents for 1918
40 ste. year ending 6'10'17,
GHT AND HORNBY ANTE
General Bries 6: De Vosur Road Cantra' addreis Reclinda
The Talegsaw does not sold Ustif engopsihig for say of them MÄDTE MUDOMÁSUN