Commercial.
CHINESE PRESS LAW.
Coal.
THE HONGKONG TELEGRAPH, TUESDAY, JUNE
Notices
NOTIE
REDUCTION IN PRICE
OF GAS.
There appears on the foreign page of the Times says the Weat Messrs, Wheelcock & Co.'s minster Gazette an account of cer. report for the fortnight ended tain new Chinese pross regula-THE Hongkong and China Gas Company Ld. begs to inform Jaue, 11 states that at the present tious, which we are told have moment the stocks at Japun ship afforded a good deal of entertain the public that on and from the 1st. July next the price of Gas for ping parts are still increasing, as went to the foreign community, all purposes-lighting, heating is usual at this season of the year while spreading consternation in cooking or power-WILL BE but it is doubtful whether they the ranks of local journalism. REDUCED to $2.00 per 1,000, on be worked up to the normal The Chinese President requires, cubic foot.
All discounts will be withdrawn standard this year owing to the in the first place that the names, ourtailment of the output which ages, and past records of editors from esine date. is taking place all round. The fand publishers shall be submitted local market has been quiet to the police before permissioa to
!
Banks
16. 1814,
Solling
Banks
INTERATIONAL BANKING
TION
HONGKONG & SHANGHAI Demand
BANKING CORPORA-30 d/s 60 d/s 4 m/s....
IT
เ
CORPORATION.
Land Office-do, Wall Street, New York Lozdon Odesi-ið. Hlahopagate, E,C.
BRANCHES :-
Bombay
Calcatta
Chalon
Cel
Colos
Expire
Hoopkon
Hanka
Sasio
Kǝbe Mank's
PRONON
Paking
-San Francisco
Shanghai
Yokobaran
Capitaland Surplus asemmans Gold $1,800,000
EVERY DESCRIPTION OF SANKING BUSI NESS transacied.
CURRENT ACCOUNTS operei on the usual
DEPOSITS RECEIVED, Arad for noe year st 4X per saam, or for shorter periode, at rains, which may be sacar into on applicatloa
terms. By order of the Directors,
GEORGE CURRY,-
Local Secretary.
during the last fortnight, owing publish is accorded; in the next, Hongkong, 21st May, 1914. to the fluctuations in exchange that certain
sums shail: ho
THE PEAK. CLUB.
BILLS NEGOTIATED and COLLECTED. MAIL and TELEGRAPHIC KEMITTANCES zada,
and the drop in freights. There deposited with the authority us, is a certain amount of inquiry For security for 'good behaviour, and Fushun coal and negotiations are provee ling for future business, but nothing has been decided as yot and prices remain firm along who desires to be either Tickets, $2.00 each for members
finally that certain qualifications A Musical and Dramatic Enter-COMMERCIAL
tainment will be held at the
quotations
to
Sugar in Russia.
of a mental, oral, and physical Peak Club on Saturday. June kind shall be exacted from evers-th.
editor, publisher, or even printer of newspaper.
All Evils to the Press. The ende as it standa will bo the secret envy of official persoas
every
and their guests, can be obtained from the Head Boy at the Club,
PARTNER WANTED. #
The Luisa sugür position at the moment is one which gives little homadiate satisfuetimi, to all the world over. How ever. European Import firm, holding the protocere. But these tako mously their task would be good Contracts, is willing to courago from the state of aneks eimplified if
editor, take energetic active or sleep. and the widened Russian market jourmiliat, and a ficial criticing Partner, Moderate Capital
Please believe that not many wrote with the knowledge that he Splendid Prospects" c/o the
required.
reply: months hence a substantial imcould at ang ibinant be indicted "Hongkong Telegraph." provement in the tone of the for misrepresenting the system of market will take place, and tboy will not be obliged to nemopt the low prices which the banks and spooniators are offering at this moment. Where low prices are being accepted it in only beonice the producem are short of randy money for running their mills.
government, or subjected to a medical examination on suspicion that he was suffering from a Which of 24 nervous disease!
in this country, looking over our records on the Badg-4, the House of Lords question, the Marconi question, the Erish quration, e nid Ono of the influences that Lave hoped to escape, if our depress the market, says the medical examiner bad happened Financier, is the inability of the to be n political opponent? Eugar-refiners to bring their Which of de could give a yudients together again. The description of our present method collapse of that institution has of government, its merits and been a severe blow to the whole deficiencies, which would not be sugar-refining, industry of the evidouce against us in that country, and it may be eaid now | inquest ? that the efforts to
renew have been almost numerous during the short period flint has elapsed since it fell to piecos. But neco sity has compelled the contin- uance of offorts in that direction, and there are rumours now to the effect that these efforts have been rowarded with success.
During the last thirty years in Europe it has become the custom for the official world to ascribe all evile to the press.
the Japanese article from the arkat. There are now 4 or 5 It is worth observing, fu pass large match factories in Tientsin, ing, that the confidence of the und Poking producing about sugur world in the industry is 10,000 tons of matches a year. ́unabated, as is shown by the fact | Before there factories were that it has boon determined this established by nativa manufac your to increase thin sowings of turers, about 80,000 tons of beetroot by 10 to 15. per cent., Japanese matches were exported .complied with the corresponding to. Ubine, but the export has now Bowings of 1913, Couâdonce heavily decreased. !he Chinese reposes almost entirely on the in-manufacturers have been obtain- land market, which improves nting the materials from Japan, but an increasing rate every year. It the cost of production in China is is taking up such a lare propor 15 per cout, higher than in tion of the sugar produced in the Country that practically nono i left for exportation.
Japan. Still the Chiusae article is free from the Customs duty) and reights, which make the pricos of Japanese and Chinese matchea nearly the same. The
to
manu-
tho Chinese
from Japan
in the
WHOLESALE buying agen- cies undertaken for all British and Continental goods, including-
Books and Stationery, Boots, Shoes and Leuther,' Chemicals and · Druggiste Sundries
China Earthenware and Glass-
ware,
Cyclos, Motor Care and Ar Cessories,"
Drapery Millinery den Piece Goods,
Fancy Goods and Perfumery, Hardware, Machinery
Metale,
und
Jewellery, Plate and Watches, Photographic & Optical Goods, Provisions and Uilmen's Storos,
etc., etc.
Commïnission 24% to 5%. Trade Discouuls rflowed. Special Quotationson Demand, Simple Cases from £10 apinards. Consigaments of Produce Sold ou“ Accoun WILLIAM WILSON & SONS
(Establishe. 1814
25, ABCHURCH LANE LONDON E, C,
Gable Address;” Annuaire" London.
MAN LOONG.
FIRST-CLASS PRESERVES, GINGER AND SOY MANUFACTURERS.
Factory at 'Yaumati OFFICE; No. 36, Das Vœux Rác d, W. Telephone No. 177 & K. 12.
in
#sciad
"LETTERS OF CREDIT and DRAFTS granted | on all the principal cities in the World.
THE LANKS CIKGULAR LETTRES OF CREDIT are avaliable Bil over the World,
LETTERS OF CREPIT FURCHASE and SAL of Buckin Shares TRAVELLERS CHECKS sold and zasbet,
KORGE B100, Manager. Queen's Road, Hongkong, Hougkong, 1st Nov. 1912-
THE VOKOHAMA SPECIE BANK
LIMITED.
Established 1880...
Authorised Capital Yon 48,000,000 Reserve Fund...... Paid-up Capital
#
"
30,000,000 18,900,000
Head Office.-YOKOHAMA.
Branches
. Antun vieu
Bunday
Dairan
Calcula
Changchun
Fethulien Marin
FEMAL Kabe
LiaoYang
Lerlo Lyas Tangan
Agncies at Nag
Newchwang
New York.
Dhaka
Fekia
Kyoiwa (Port Arthues
San Francisca
Shanghai
Tickling
อือมล
Tokyus
L Angeles Tingiau
Exchange
T/T. Marke
„1/10_11/16 | Demand Germany .1/104. T/E. Franes ....
.1/10 18 16 On Aniphone „1/10 13/16 | On Saigon ............. .1/1076 On Bangkok *****
Paid-up Capital ........$15,000,000 | T/T Shanghai......................74 1/8
Private 30 d/s sight S'hal 75 4 m/s. L/C
| RESERVE FUNDS:.
Sterling
£1,500,000 mt 2/
$15,000,000
Silver ...$17,650,000
Buying.
...19436
.nom
.....8114
1/11 1/8.
T/T Singapore 81 1/4 4 m/s. U/P .................................................1/111/4 T/T Japan
6 m/s. L/O ....................................................1/11 1/4
........................................1411⁄2 30d/s.9'ney & Melbourne1/11 3/8
„14194 | 30 d/s.San F'co & New York 47.
142_ 4 m/s. Marks 198 ,1414|4 m/s. France 2.43
6 m/s. do
T/T India
T/TBombay
Demand Bombay
T/T Calcutta.
Demand Calcutta...142
Demand India
Demand Manila
9234
2.45
Bar Silver, ready...25 15/16
forward
***...26
T/T. San F'ou & New York 4616 Gold Leaf per tacl .......54,80
464 Bank of Englandrate...3% „11436 | Sovereign ̈ ̈ ̈..........................10.45
Opium Quotations........
$32.650,000 Demand, New York
T/T. Java Reserve Liability of
Proprietors... .....$35,000,000
COURT OF DIRECTORS. Hon. Mr. D. Landale, Chairman, W. Patterdon, Esq. Deputy
Chairman.
S. H. Dodwell, Esq. G. T. M. Edkins, Esq. C. S. Qubbay, Esq.
P. H. Holyoak, Esq.
C. Landgraf, Esq... F. Lieb, Esq. J. A. Plummer, Esq. Hon. Mr. E. Shellim, Hi. A. Siebs, Esq. "Ad. Widmann, Esq.
CHIEF MANAGER: Hongkong--N, J. Stabḥ
ACTING MANAGER. Shanghai-J D. Smart. London Bankers-London County and Westminster Limited.
Hongkong.20 Hongkong.10
May 14
..$3,200 per p
8,300
"
...... 9,325 per ohe.
**9,200
9,050
Benares, Old......................... 8,925'5.
TO-DAY'S SHARE REPORT.
S-SELLERS
N-NOMINAL
Last dividenY AND FATKI
£2&5,- b. at ox 1/1 3/16) equal to $23.29 for 3ý year ending 31/12/13
Subsidiary Coins.
Discount per $100 :
Malwa; Now
Chinese...20 ate.pieces 310 7/8 Chinese ...10
% Malwa, Old
$114
Patna, New
Patna, Old
$91/8
Benares, New
$9 7/8
SA-SALES B-BUYERS
STOCKS & PAIS O VALOR.
CLOSEG
TION
BANKS.
$820
Hongkong & S'bai #125
£84
MARINE INSURANCES.
Cantons
$50
310
b.
North China
£5 T140
Unions
$100 8775
£50 $194
TIKE INSURANCESI
$20 $151 $50 $385 $25 88
Yangtzos #
Hongkong-Interest Allowed:
On Current Account at the rate of 2 per cent. per annum on the daily balance
ON FIXED 'DEPOSITS. Deposits received for def periods at rates to For 3 months. 2 por cont. per
Interest Allowed on Current Account.
btained on applizaden
EISHIONO, Manager. Hongkong, 6th April, 1913. [18
THE CHARTERED BANK OF INDIA, AUSTRALIA' AND CHINA.
Annum.
For 6 months. 3 per cent. pa
AROUDL For 12 months, 4 per cent, per
aunumi..
J
China Fires Hongkong Fires SKIPPING, China & Manilas Douglas Steamship $50 $30 Steamboats Indo-Chinas
$15 626
£5 864
(Preferred) (Deferred)
"Shell" Transporte £1
03/6.b. Hellb.
{ $10 $46
"Star Ferry"
..
REFINERIES
$100 $79 $100 $28
b...
£1 29/- £1 83 DOCKS, WHARVES, & GODOWNS.
$50 $84
MINING,
A. G, STEPHEN, Acting Chief Manager,
Incorporated by Royal HONGKONG SAVINGS BANK
Charter 1853.
THE
HE Business of the above'
Bank is conducted by the China Sugars HEAD OFFICE-LONDON. HONGKONG AND SHANGHAI Luzon Sugars Paid-up Capital
£1,200,000 HANKING CORPORATION Reserve Fund.... ..£1,800,000!
Rules may be obtained on ap Reserve Liability of
plication.
Chinese Engineerings £137/6 Proprietors.......£1,200,000| INTEREST on deposits is al
lowod on the minimum monthly Tronohs FOREIGN EXCHANGE and balances at sch per cont. per au Raubs General Banking business trans- дит acted.
Depositors may transfer at their Kowloon Wharfe CURRENT ACCOUNTS open-option balances of $100 or mors H.K. & W'poa Decks 350 { $62 od and FIXED DEPOSITS re-to the Hongkong and Shanghai ceived for 1 year or shorter periods Bank to be placed on FIXED Shanghai Dooks T. 100 T. 59. at rates which will be quoted on DEPOSIT t 4 per cent. per LANDS, HOTELS & BUILDINGR
Hongkow Wharfa T. 100 T. 97) b. application
Angle French Lands T.100 T.94 Hongkong Hotels $50 $125 b. Hongkong Lands $100 $114
Wm. DICKSON,
Manager.
Ware the loading Manufacturer
this class of Goods. Our Fruit & Hongkong, 11th April, 1912. 2 Oingers are all fresh and of the first pick. Ou: Syrup is prepared from the beat attention to our business and sanitary
trementa,
quality of Bugar. We give our special
I
WING KEE & CO.
47-49, Connaught Rd,
PROVISION & COAL
MERCHANTS
The Yarn Market in Osaka, There has been some improve-Chinese article is abject to the ment in the yarn market. Nothing likin duty, at there being no has come, so far, of the short time necessity of elaborate pucking SHIP CHANDLERS movement, but there is a general and other troubles attendant on belief on the market that an forwarding agreement will be come to, to Chins, regulate production. If the com-facturers Bro ference faila, says the Japan position of putting their articles Hongkang, 3rd Oe' ‚ber, 1913", Chronicle of June 5, mille may on the local market on better be driven into voluntary partial terms than the Japanese. There is Dr. C. L. CHOW. closing. As was foretold, the no doubt that heranitor Chinese) marrot has touched bottom fo match factoride will spring up the present, and a brisk business at various other towns. Japanese has sprung up within the past consider that the days of Japan- faw days in direct forward con oso matenes in Chins are already tracts with the cotton mills. In numbered, and they understand uousequence Crodo and Settsu that unless the present role of conrae yarns have gone up from output be decreased by more than Y.110 to Y.112, "Ebisu " 20's to half the market price the con- MR. LI HON FAN, a Chinese Y.121.50, Meiji Mill 20's to Y.123.dition could not be improved. and Wakayam.20's to Y.117 for Japanese matches once held away European officials and merchante Juno delivery, 26,000 bales were in Chius, but are now on the in this Colony for over ten years. sold at these rates on Monday and decline.
He has a good method of train- ing Europeans to pass" in the Chinese examination, and
about 10,000 bales on Tuesday at
about Y1 higher. Dealers began
DENTAL Surgeon No. 80, Queen's Road Central, Hongkong.
LESSONS IN CHINESE.
cure,
graduate versed in litera- has been a teacher to
ie
to get active on Monday, and Founder of the Boy's Brigade. possessed of a first rate certificate about 3,000 bales changed hands. Sir William Smith was one of as a Chinese teacher: He has
The recent slump, says the the first discoverers of a great also a good knowledge of Manda Asahi, has seriously affected educational truth, says the Pallrin and Hakka.
Those who intend learning the Chineze speculative buyers, who Mall. Thirty years ago 6. attribute their misfortunes to the realised that militariam, eo fur Chinese language are requested Telo- over-production of yarn in Japan. from being the evil thing that to write c/o "Hongkong
graph" office or direct to 37 The Chinese yarn-dealere' guild his contemporaries held it, oon: Hollywood Road, 1st floor. at Hankow recently despatched &tained some of the most vital
Hongkong, 29th Jan., 1912. telegram to the Japan Gotton principles of human charactor, Spinners' Association, sking and that it enabled standarde of them to reduce production until good conduct to be presented to the market had recovered." This boys without the repulsion, of tho they followed up with a letter, goody-goody' atmosphere. The warmly urging their contentions Boy's Brigade has been a fine in favour of this policy.
nursery of manhood, and has! turned out thousands of lads' Rise of the China Match. filled with loyalty to what is beat The present inactivity of the in lile. It was in 1883 that he match trade in Japan is not due founded the Biya' Brigade, a to temporary causes such as movement that has proved atrik turning out of inferior articles or ingly successful and for the fur- fall of merkot prices. The fact, therance of which its founder, at
is that Chinese matches slowly great personal sacrifice, gave up! but meadily have been casting his businese,
MARTIN'S
SAPIOL & STEEL Estando PILLS
A Fraho
Remedy toy all Irrigalartiion, Zliɔukanda di Ladina timnya kap a bit of Wuelina 190lm in the house, in thalon the Bras sign of any forecuiunity of the Hycket s ely down may be administered. Three wha Tolmunandi. them, hence khairanor,
16
THELARIA All Chemlate and leren said ther
tom World, gor_ MARTIN, Chemiel. Bouthampton. Engi
MARTIN'S
APIOL & STEEL Starum PILLS
Notices
THE CHINA PROVIDENT LOAN AND MORTGAGE
CO., LTD. ' (Capital Paid up...$1,250,000.) Loans on Mortgage of House Pro- perty, &c.
Goods received on Storage. Advances made on Merchandise: Loans made on the Provident
System.
(Rates and Particulara on ap
plication).
OF
The Office of TRUSTEE, EXECUTOR
WILLS, ATTORNEY, &o, Undertaken and Executed.
SHEWAN, TOMES & Co. General Managers. Hongkong, 19th March, 1908
DEAK TEAMWAY Co. LIMITED.
РЕАК
1
TIME TABLE.
WEEK DAYS
7.00 A.SE. LO 5.00 AM. EVERY 8.00 AM, $
10:00 AM.
MIN.
10 MIN.
10.00 AM to
11:00 AM
FJ MIN
11.30 AM, LOIRES F30 H
13 MIN.
TO ME.
2. P.M. 10 • X+43 7.346) 143 14 LO
15 Men
K MIN.
To Ma
12:45 1.1. to 1.13 P.M.
D.11 PM
5.00 P 1.1 TM, là 1:00 PM 110.M.
NIGHT CARS,
$1,00 1: #1 every hill hour
19,00 1.86. 10 12ASTM every quarter of an hour.
SUNDAYS
ta Man,
5.00 F31
3,43 AM 10 10.30 am. Every 15 Man,
11.00 AM. ISTO AM. Lo 1. to 18.48 Noon 18.00 Nox to 'zoo .. J
2.00 E.MI To
Jo Mam
14 Mar,
10 Blu
17
35 Mar
5.00 F.$ to
" zo al
2.00 $34.
10
Mxx.
3.00 P., to
TO MID NIGHT CARS as Week Dayı.
SATURDAYS
Zaim Car si la midnight.
SPECIAL CARBA
By Areagents at the Company's Offic
Alexandra Bulding,
Des Voeux Road.
SINGON & CO.
3
aonum.
For the Hongkong and Shang- hai Banking Corporation,
A G STEPHEN, Acting Chief Manager.
Established A..D, 1880.. IRON STEEL METAL and HARD- WARE MERCHANTS. Wholesale and Retail Ironmongers, Pig Iron and Foundry Coko Importers. General Storet kaspers and Skipchsudiers, Nos. 35 an. 37, Hing Loong Street, (2nd Street, wed of Central Market) Telephone No. 515,
Paid-up...Sh. Taels 7,500,000 Head Office. Shanghai. Board of Directors-Berlin. Branchee:
BANK.
+
Capital Fully
EUTSCH ASIATISCHE Humphreys Estates $10 874 Kowloon Lands #30 $44
Shanghai Laude T. 30
T. 92
West Points
$50 $79
Manila M'pole Hotel P.10 1. 8
COTTON MILLS, Ewos
||
T. 50 T. 128
T. '111
T. 81
117
H.
Berlin Calcutta Canton Hamburg Hankow Kobe
Singapore Tientsin Peking
Tsinantu Tsingtau Yokohama. Shanghai Cottons
LONDON BANKERS:
Messrs. N. M. Rothschil & Sons, Lacu Kung Mow The Union of London and Smith's Kung Yik'
schaft.
MAX GUTSCHKE
Manager.
| Hongkong, 9th Oct, 1911.
12
Morning Post Peak Tramway
THE MERCANTILE BANK OF
INDIA, LIMITED.
45
Final of $3 a/c 1912. In-
terim of $18,a/o 1913 J Final of 1 p.o. making
20 pc. for 1912
Final of $20 making $50)
for 1912 and Interim of $30 for 1913- Final of $12 mak. $15 for
1912 & Int.of $3 for 1913)
$10 for 1912. $27 for 1912
$1 for 1906
$2.50 for year end'g30*6*13 - Final of $1 for half
year ouding 31′12'13 ( (3% Interim a/c year
1913 OD proferred shares
Interim of 1 making 2 for 1913 Coupen No. 21.
$1.70 per share and bonus
of 30 cents per share for..
year ending, 30'413
$3 for 1912
$3 for 1897
Interim of 5% Coupon No. 3 account of year ond- ing 10.6.14.
2
Int. of 1/6 mak. 6/6n/c. 19:3
1/2 for 1909
$3.50 for year 1913
$3 for 1913
Tle. 3 for 1912
Interim of Tis 3 for 1913-
Tis. 6'29'2 10
$7 on old shares, $3.50)
on now ɛlares for
year 31°12'13
$314 for year ending 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 14 year ending 31.12.19
15 per cent, for 1910 Tis. 15 for year ending t
anding 3110-13
Tls. 10 for year end
ing 30-6:13
T.12 for year end'g 31*12*12 Tls. for your ending)
30°11'13
50 conts 31.7.08
ני .
$1.20 for 1913
b.
10 cents for 1913
b..
ft.
b.
A.
Bank, Limited. Deutsche Bank (Berlin), London Hongkong Cottons $10 871
MISCELLANEOUS, Agency. Direction der Diaconto Gesell-Light and Powers $101
$12 $11 China-Borneos.
Do. (Spec.sharos) 81)*** Droednor Bank..
$10 681 INTEREST allowed on Current China Providents
$6 $37 Account. DEPOSITS received Dairy Farms
Green Islands $10 86 on terms which may be learned on application. Every description Hongkong Electrica $10 $40
$25 $195 of Banking and Exchange bust Hongkong Ices ness transacted. «
Hongkong Ropes $10 $24 b. Langkats
8. 10 T51
$25 $25
b. $10 89
$1.90 ots. S. Do. (new) Bongkong Electric Trama 9/3 Authorised Capital......£1,500,000 | Subscribed .... 1,125,000 Philippines
$10 $5 562,500 H. Price & Co., Ld. $10 $6 465,000
"PIO Societe des forced
Pulpesét $50 $20 Papierteries paid. du Tonkin up $50
Benefit $200 Shanghai-Sumatras T. 20T.150 Steam Laundry ni $535 United Asbestos)
Oriental Agency, $10 $914b. Ld... United Asbestos? Founders Sharos Union Waterboat
Weismann, Ltd. THE ALEXANDRA CAFE Watson Cannot be Beaten, if Equalled William Powell For Bread, Cakes, Confectionery meal with Wings & Liquons
Paid Up Reserve Fund
BANKERS:
Bank of England. London Joint Stock Baus, Limited.
Interest allowed on Current Ac- counts at 2 per cent per annum on Daily Balanos and on Fixed Deposits at rates which may be sscertained on application.
A. R. LINTON
Manager,
$10 $300
$10-$20
$10 330 b, $10 $7.30
Carricted 10 1930 om Jung, af 1954
adiog}
$1.30 for year end'g 31°7′13
40 bonts for 1911
$1.80 per share for 1913 $7 final making $9 for 1913
$2 for 1913
Interim of Tls. 1 mak- ling Tle. 2 a/c 1913 None
יי,
80 cents on fully paid)
shares and 8 cents on $1 paid shares for year ending 30.4.14,
Interim of 1d. pershare
for 1913.
None
$1.50 for 1910
None
No dividend this year' 50 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 year?
ending 31'12'1913 25 per cent, for year
ending 317'11
70 cents for 1913.
50 ots. yearending 6.30,13 WRIGHT AND HORNBY W ngg,
General brokers & Des Voeux Road General address Rectitude. This "Telegraph" does not hold Itesif responsible for any of the above questations,