Commercial.
Future of Cold "Storage.
THE HONGKONG TELEGRAPH, TUESDAY, JUNE 23. 1914.
Banks
INTERNATIONAL BANKING
CORPORATION.
Head Of:-60, Wall Street, New York London Officer-34, Bishopeguze, E.Ç. BRANCHES
Bombay Calcutta
Cha194
Cebu
Coloa
Empire
Hongkong Banaw
Banks
HONGKONG & SHANGRA Demand
TION.
Exchange
Selling
T/T. Marks
194
BANKING
Kobe.
Manija
·Muzica
| Paid-up Capital
RESERVE FUNDS:
Sterling
.815000,000
Phozme
Paking
San Francico
£1,500,000 at 2/--
$15,000,000 Silver...$17,650,000
T/T......
..1/104 T/T. Francs i conse CORPORA-30 da 1/10 13/16 On Haiphong.nom
60 dis ........................... ...1/10 19/16 | Qu Saigon
.......1/103% On Bangkok.... T/T Shanghai...741/4
Buying. Private 30 d/s sight S'hai 7534
4 m/RL/O
1/11 1/8 T/T Singapore........................................811⁄4 4 m/s. UP.................1/11 1/4" T/TJapan vääəisini
..9213 6 mle. L/O ...............................1/11 5/16" ITT India
kerste inima.14114 | 30ds.S'ney & Melbourne1/119/8
.......14115 | 30 ds.San F'co & New York 47 Demand Bombay
1/10 11/16 Demand Germany.
184
2.38
nom
$32,650,000
T/T Calcuita Domand Caloutta
2.413
Reserve Liability of
Proprietors
.$15,000,000
Shanghai Vokanama
as soon as shown. The quality Taking both years on the basis of of the tes ie antisfactory and the Singapore prices it was in 1913 crack chops fetobed Tis, 3 more about 40 per cent. greater in than last year while the conquantity but only 10 per cent. moner parcels. averaged an in- more in value, Tapping was in crease in price of Th. 5 to The 8. mauy anses stopped by the foll A little Ningehow tos has come in price bat estimates as to the In the course of the summer in but the arrivals have practical auraber of trees planted are too hage series of experiments willly ceased. The yield is about enuguice. As many estates in be made all over France with the same as last year. During the Malay States and elsewhere regard to the system of preserving the last two weeks the native did not, on account of the expont. foodstuff in cold storage, hy al brokers have shown themselves involved where only selected trees commission, under the supervi-willing sellers bat have no inter-can be dealt with, tap their sion of M. d'Arsonval, presidenttion of making concessions in the younger plantations, it cams of the French Cold Storage price. It is interesting to note probable that when theze planta-NESS Association, and with the support that Ningchowe show a record, tions are in fall bearing thore of the Ministers of Agriculture small surplus stock of 4,000 half will be a largely increased proper natt, or for shorter periods, al rates, which and Public Works. From the chests, this year, 30,000 half duction and that there is con
COURT OF DIRECTORS. first to the fifteenth of June obests having been settled during sequently not much likelihood of
HAIL and TELEGRAPHIC REMITTANCES Hon. Mr. D. Landale.--Chairman, cherries and meat will be tried the lust fortnight. Keomune have a steady demand for wild rubber LETTERS OF CREDIT and DRAFTS, granted W. L. Pattenden, Esq. Deputy at Sollies Pont.
at Roscoff, on come to a stop, all the chops as or of any continuous improve-CHE LANES CIRCULAR LETTERS OF
Chairman. the Brittany coast, choice veuaual being taken up. More of mont in prices. getables will be used, and at this tea could have been settled
Captial and Surplitkommuna si Gold: $9,800, ma ertualismodi 450%=2
ad
ZYKRY DESCRIPTION OF BANKING BUSI CURRENT ACCOUNTS opened on the msum. DEPOSITS RECEIVED, Årød for one year at
may basscertained on application,
KILI NEGOTIATED and COLLECTED.
Pa part.
TRAVELLERS CHECKS old and cambod.
-G3ORGS HOGO..
Manager. Hongkong, 1st Nov. 1912
Queen's Road, Hongkong
THE JOKOHAMA SPECIE BANK LIMITED.
on all the principal citias in the World:
STORYallable all over the Wacich COMMERCIAL LETTERS OF CREDIT For second class guttas there "PURCHASE and SALE si 'Stocks an Shares the beginning of July the com- if it had como. The yield this was a good demand, gutta jung- mission will again experiment your totals up to a round 100,00 ker showing a considerable with fruit at Perpigaon. The half cheats, boing 9,000 hall increas. For raw jelutong the ascond half of July will be spent chests more than last year and price was what would formerly Among the peaches, and the 12,030 less than 1912. Further have kegn considered fair and an whole of August will be devoted arrivals have come to a sudden improvement followed the dis- at Concarneau to the various stop. The reason for this is contiumance of Goebilt purolases. methods of preserving sardines, attributed to the
enormous Rattans, taking the three quali. Į both for tinning and immediate demand for dust in the country, ties together, were about the consumption. September will the supplying of which pays same as last year. Of dried and find the scientiste at Nancy at better than packing leaf for saltod fish tho was a large work on bear and other stuffs, export,
In Onfase there is a export and of padi more than is and the latter half of the month shortage of 20,000 which is, usoal, With the purchasing will be given to trials on fish at however, made up for by a power of the community 80 much Boulogne. In the middle of surplus from less desirable dis decro.and by reduced exports, October the third Cold Storage tricts. Prices have gone steadily the import duties, which are Congress will be held at Rheims, jogainat buyers and during the mainly derived from spirits and and the year will be wound up last fortnight the prices of the tabacco, naturally show a falling by freezing turkeys, ducks, and better chops have advanced a off.· ́ chickens in the Sologne country. tool. C. C. Post.
Nothing before has been attempt.) od on so elaborato and vast n scale, and the reaults should o watched with great interest by all ́interested in this colossal' industry.
London Silver Prices Continue
to Decline.
TRADE OF SARAWAK.
"Serious Decrease Under
Customs Receipts.
Authorised Capital Yen 48,000,000 Paid-up Capital 30,000,000 Reserve Fund...... 18,900,000
Established 1880.
Head Office.-YOKOHAMA..
Branches Antung-Hsion
Joz bay Calcutta Changeling
Agencies at Magunaki
Newchwang New York
Osaka
Pekla
Kyolun (Port Arthur)
Shanghal
Baira
Fangtien
Harbin
Hlinkov
San Francisco
$1-fist-
Kobe
Tickling
Liao-Yang
Tient-in
Leod:n
Tokyo
Lyons
Tiingtas
Los Angeles 'Tsingta
Interest Allowed on Current Account. Deposits received for fized periods at ratos to be
· British and German Seamen, The Hamburger Beitrage con- tar o paragraph expressing high appreciation of the action of bined on application six officers of the British stesmer Janus în attending the_funeral at Tellicherry of Captain Hoppe, of the German steamer Elmshorn. The following is a translation of
EISHIONO, Manager. Hongkong, 6th April, 1913. ... (18
THE CHARTERED BANK OF 'INDIA, AUSTRALIA AND OHINA.
Incorporated by Royal.
Charter 1858.
HEAD OFFICE-LONDON.
Reserve Fund... Reserve Liability
of
B. H. Dodwell, Esq. G. T. M. Edkins, Est. C. 8. Gubbay, Esq.
P. H. Holyoak, Esq.
C. Landgraf, Esq.
T. Lieb, Esq.
J. A. Plummer, Esq. Hon. Mr. E. Shellim. H. A Sieba, Esq. Ad. Widmann, Esq.
CHIEF MANAGER: Hongkong-N. J. Stabh.
ACTING MANAGER. Sbanghal-J. D. Smart 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.
For 6 months. 3 per cent pe.
annum,
For 12 months, 4 per cent. per
annum.
A, G, STEPHEN. Acting Chief Manager.
HONGKONG SAVINGS BANK
T/TBombayuktasar
14134 4 m/s. Marks ...1.981 14172 4 m/s. Franes ............ .141916 m/s. do.
2.45 Demand India ..........................14134 Barsilver, ready ....26 Domand Manila ................................. 921
forward
25 1/16 T/T. San F'cu & New York 46 1/8 Gold Leaf per tael'........55.10 T/T. Jave Demand, New York..... 46 1/4 Bank of Englandrate ...3%
................. 11456 Sovereign
...10.45 Subsidiary Coins.
May 14
Discount per $100:
Opium Quotations:
Malwa, New
Thinese...20.ats. pieces $11 1/16 % Malwa, Old.
Chinese...10
Hongkong.20 Hongkong.10
$12
$ 91/4
$8,200 per p
8,300
Patna, New
9,325 per "che.
Patna, Old
9,200.
Bonares, Now
9,050
8.925
$10 1/8 Benares. Old.
TO-DAY'S SHARE REPORT-
S-SELLERS
STOCKS & PAID OY VALUA
BANKS.
BA-SALES B-EUVERS
CLOSING QTION
$815 88.
£84
$30 310
£5 T140
Hongkong & S'hai $125 -
MARINE INSURANCE", Cantona North China
Unions
Yangtzee
$100 $780 sa.
FIRE INSURANCESI
£50 $394
$20 $153 $50 $387) D.
$25 $8.
China Fires Hongkong Fires SHIPPING. China & Manilas Douglas Steamship $50 $30 Steamboats
Indo-Chinas
24 68 8
8.
$15 $261 b.
(Preferred) (Deferred)
"Shell" Transports £l
£5 $64
103/9 b.
£11
E.
HE Business of the above Star Ferry'
Bank is conducted by the |HONGKONG AND SHANGHAI
{$10 $46
$79
TH
London. May 28.-Following From the annual statement of are extracts from Mess. Samuel to Treasury and Trade and the paragraph:→ Montagne and Co's weekly Customs Departmentacf Sarawak, circular:-The outstanding fee for 1913, appearing in
A noteworthy example of the the friendly feeling existing tǝtween ture is the cosent on of the Sarawak Government Gazette, the German and English seafur. demend on behalf of the Russian it is seen that the total revenue ing me was testified reconlly at Government the chief compoti- amounted to $1,402,032.60 and the sudden death of Captain tor in the market for a long time the expenditure to $1,399,431,20 Hoppo, commander of the Ham: Paid-up Capital past. A very. considerable leaving a surplus of $62.001.40. burg steamer Elmshorn, of the amount of gold has been engaged As compared with 1012 the German-Australian in New York for shipment to venue has decreased $50,806.68, Company, in Tellicherry, India Paris, the effect of which has and expenditure has increrad Captain loppy was taken and boon to prevent ordera tairg $148,191.73. The most serious denly ill and died from sunstroke, General Banking business trans-option balances of $100 or more Depositors may transfer at their eent to London. In the absence decrease is under custome receipts after being brought from hospital acted therefore of Continental inquiry, which have declined $94,118.88 at Teilichoty on April 7. In the
to the Hongkong and Shanghai CURRENT ACCOUNTS open-Bank to be placed on FIXED the Bank of England is likely to owing to trade baing bad; while neighbouring port of Cannanore ed, and FIXED DEPOSITS re- DEPOSIT t 4 per cent. per obtain the bulk of the bar gold Dyak revenue, exemption-tax and lay the English steamer Janas, of coived for 1 year or shorter periode annum. -over a million and a quarter lead revenue all show small the British India Company. The at rates which will be quoted on sterling which arrived
this decreases, the latter due to the lay trustee of the English Church application.
Steamship Proprietors
num.
MINING,
N-NOMINAL
· LAST DIVIORNO ANDATE
£2 & 5/- b.at ex 1/13/16) equal to $23.29 for 14.) year ending 31/12/13-
"..
Final of $3 a/c 1912, In-1 terim of $18 a/o 1913 Final of 10 p.o, making
20 p.o. for 1912 Final of $20 making $50)
for 1912 and Interim of $30 for 1913 Final of $12mak. $15 for
1912 & Int.of$3 for 1913)
$10 for 1012
$27 for 1912
$1 for 1906
$2.50 for you end'g 306'13 Final of $1 for half year ending 31°12′13 (3 % Interim a/c year
*1913 on preferred
shares Interim of
making
2/ for 1913 Coupon No. 21..
81.70 per share and bonus of 30 cents per share for
year ending 30'4'13
$3 for 1912.
8.
$3 for 1897
BANKING CORPORATION
_REFINERIES.“
$100 Rules may be obtained on apChina Sugara £1,200,000 plication.
Luzon Sugars $100 $28 .£1,800,000 INTEREST on deposits is al-
lowed on the minimum monthly Chinese Engineeringe £138/- £1,200,000 balances at $3 per cent. per an-
Tronohs
£1.297- FOREIGN EXCHANGE and
DOCKS, WHARVES, GODOWNS Raubs
£13
Kowloon Wharfs $50 $83 xa. & b. H.K. & Wpos Docks$50 {862
b..
Shanghai Docks T. 100 T:58 Hongkew Wharfa T. 100 T. 903 b. LANDS, HOTELS & BUILDİNGRĮ Anglo French Lands T100 T.94.
Hongkong Hotels $50 $125
Wm. DICKSON.
Manager.
week. The shipment to India is lessened demand for jelutong accorded military honours to the $162 000. During the week the and low prices of rubber. The captain, since he was a lieutenant Hongkong, 11th April, 1912. net iuflux was £409,000. There increase in expenditure is as of the Naval Reserve, and the were 80016 further arrivals counted for chiefly by the captain and five officers of the
lose of L
Notices
[ 2
For the Hongkong and Shang hai Banking Corporation,
AG STEPHEN, Acting Chief Manager.
b.
DEUTSCH ASIATISCHE Hongkong Lands $100 $113 b.
Capital Fully
BANK.
PROVIDENT Paid-up ...Sh. Taels 7,500,000 LOAN AND MORTGAGE Head Office. Shanghai.
CO., LTD.
Board of Directore-Berlin. Branchess (Capital Paid up...$1,250,000.)
Berlin Calcutta Canion Loans on Mortgage of House Pro-Hamburg Hankow Kobe. perty, &c.
Peking Singapore Tientsin Teinanfu Tsingtau Yokohama.
of severeigns from Brazil These railway, expenditure on which Janus, which lay some 20 kilo were intercepted and sent to the amounted to $133,000.04. The metres off in the adjacent port - Continent, The import of gold other increases call for no special attended the funeral in order to THE CHINA into Germany during the first mention: Sadong Oolliery shows show the last borours to their four months of this year was a small profit of $18,429 16 while dead comrade.“ about £3,380,000, and the export Breaketon recorda
In German shipping" circles about £595,000, making the net $52,614.81, rather more than such a testimony of sympathy import £2,785,000." "In
that of 1012. The output of coal will ever be atefully apprecintgr absence of any support of
at the former was 21,580 tons, ed.. consequence from those quarters at the latter 22,841 tona, whence buying orders usually emanate, silver prices continued to fall from point to point until
tho
01
The following remarks Trade and Castoms returns are extracted from the report:--
80
Notices
NOTIE
REDUCTION IN PRICE
·OF GAS,
ground was reached at 25, 15-164. The trade returns as compared for rash delivery on the 25th with 1012 show a total decreas instant. The primary cause of of $4.502,034, but the actual the collapse in price bas been results were not quite the remarkable disinclination of bad ne would appear from the bayers to enter the market, the figurse, as throughout the 12 entire absence of speculative in months there was direct steamer THE Hongkong and China Gas Company Ld. begs to inform terest, and an unexpected donckervice between Miri and Singa- he public that on and from the of supplies from Mexico. The
pore, and Siba and Singapore, ss 1st. July next the price of Gas for latter consisted of consignment against four and eight months, all purposes--lighting, heating. probably much belated-which respectively, in 1912, and the cooking or power-WILL BE had been dispatched sonth from Mexico City by the railway which cargo going direct would formerly REDUCED to $2.00 per 1,000
have been transhippedin Kuching cubic fost,
apaus the isthmus of Tehuantepec and have appeared in both the
All discounts will be withdrawn
and terminates at Coatzacoalcos foreign and consting returns. Ex- from same date. or Puerto Mexico, whence trane-ports of plantation rubber were mission was made by steamer.also calculated on a different basis,
!
By order of the Directors,
GEORGE.CURRY,
Local Secretary,
As these consignments reprezentand the fall in the price of rubber Hongkong, 21st May, 1914. ed accumulations, the aggregate not only checked the exports of was substantial rather too much rubber and gatta but reduced
in fact for so inanimate a market their values..
to face unexpectedly and to boar
with equanimity. When the burden had been shouldered, the
The Fall in Rubber. The pepper crop was disappoint
low level then reached provoked ing although the price was fairly buying orders, with the result good; ango exports were small in that prices responded sharply to quantity and the price was com- the improved tone of the market. paratively poor; and there was no The stook in Bombay bas decreas-export of illipe nate. All these ed from £525,000 to £470,000. causes contributed to the decresso The offuake is rather locs at 100 f receipts but the main ronson is bars a day. No shipmont has to be found in the fall in the been made from San Francisco to price of rubber. To this we owe Bougkong during the week.
the cessation of purchases of jelatong, and exporis of manufac tored rubber, by the British reduced Hankow, 13th June. The only Malaysian Co., and incoming tes in the market now shipments of, and receipts from, le the lobang. These began to the botter class of wild rabber. serive on June 1, ten days earlier The effects are bestillustrated in then last year, and have met with the case of plantation rubber. For a general demand, being bought 1912 most of the export wa calculated at London sale prices.
The Tea Market.
Dr. C. L. CHOW.
DENTAL Surgeon No. 80, Queen's Road Central, Hongkong.
MARTIN'S
APIOL &STEEL Lizda PILLS
đốm Yearch llamadyforallizzariantsion
MARTIN PALA SA Tambaram, in that on the dra DOMIEN GLADY Irregularily at the Britan
| Usadministered. Tüzes wira
BOLADInd them, hence hace
Donate A51 Chamalaže quedi Bleron s Throughouch - Ape Wood, or post trae t V MARTIN-Chemies, Boushacapson, ingi
MARTIN'S APIOL & STEEL MakePILLS
Goods received on Storage. Advances made on Merobandise: Loans made on the Provident
System.
(Rates and Particulars on sp-
plication).
OF
The Office of TRUSTEE, EXECUTOR
WILLS, ATTORNEY, &0;, Undertaken and Executed.
SHEWAN, TOMES & ̧0%, General Managers. Hongkong, 19th March, 1908 PEAK
TRAMWAY 00.
LIMITED.
TABLE.
WEEK DAYS.
$.00 MM. SO Books. Evane 15 Man 1,00 AM, LO 10.00 A36
SA MIN. 15.00 AM)18: 11.00 AM. 1530 am, ka 19:45 MM.
· 13 A
TO MIN
$5 H
*.IS T.MI LAS PUM, LOD 5.00 € 8.10 3.M. 5:00 7,31 to
29 M NIGHT CARE.
and 9 F.M: 9:30 PM, to
21.00 SEN! tvary half hour.
11:00 Pakoto 325 P.M. every quarter of an hour,
- SUNDAYS
1:45 AM, 10-20go Alm). Evoer is Miù,
19:10 AM 10
TIR) AJ LO 18.00 NOOW 11.00 Nook to 1,00:23; ..
5.00 .. 10
5.00 K
200736
30 MIN
10 Mea
·75 Ma
10 MI
18 Ma
9:00 to 4:57.4. ป 10 MED "NIGHT CARS as on Week Daya
VASATURDAYS"
Retra. Cay_st in midnight.
SPECIAL CARE.
By Aaraagament at the CompanyY'S ORCI. Alexandra Bafldings,
Des Voeux Road,
SINGON & CO.
LONDON BANKERS: Mesers. N. M. Rothschil & Sons. The Union of London and8mith's
Bank, Limited. Deutsche Bank (Berlin), London
Humphreys Estates $10 $74 Ba. Kowloon Lande $50 $44
Shanghal Lands T.30 T. 92.
West Points
$50 $73
b.
Manila M'pola Hotel P.10 F. 8
Ewos
Shanghai Cottons
Laou Kung Mow Eung Yik
Agency. Direction der Disconto. Gesell-Hongkong Cottons $10 | | |873
schaft.
MISCELLANEOUS.
China-Borneos.
Dresdner Bank.
$12 811 INTEREST allowed on Current Light and Fowers $1018436 b. Account. DEPOSITS roueived Do. (Spec. shares)11}
Interim of 5 % Coupon No.
3 account of year end- ing 30.6.14,
Int. of 1/8mak. 6/6 a/c, 1913 1/2 for 1909
$3.50 for year 1913
$3 for 1913
Tla. 3 for 1912
Interim of Tla 3 for 1913
Tis. 6 29710
$7 on old shares, $3.50)
on new shares for year 31'12-13
$34 for 4 year ending 31.12.13
50 cents for 1913
$2.80 for 1913
Interim of 5 p.c.for
year ending 30^613 $2.25' for year 31.12.13..
anding.
15 per cunt, for 1910 Tls, 15 for year
31°10'13
ending}
Tis. 10 for year end
ing 30'0'13
T.18Fryear end'g 31′12′12 Tle for year ending)
30°11′18
COTTON MILLS.
T.50 T. 127
IT, 109
T.81
IT. 12
b.
50 cents 31.7.08
$1.20 for 1913.
$10 $81
$6338
70 cents for 1913
sa
$10 86. Hongkong Electrice $10 $40 Hongkong Joe's. Hongkong Ropes Langkats
6.
b..
$25 (#200
110 524
$2 O
g. 10 T. 46)
Morning Post Peak Tramway
$25 $26
$10 $91
Do. (new)
3 on terms which may be learned China Providents
on application. Every description Dairy Farms of Banking and Exchange bust-Greenlande ness transacted.
Established A. D. 1880, "RON. STEELY METAL and HARD- WARE, MERCHANTS. Wholesale and Retall Ironmongers, Pig Iron and Fouviry Coke Importers General Stori keepers and Shipahandleri Nos.135, ad 37, Hing Loong Street, (2nd Street, wid of Central Market) Telephone No. Bis
MAX GUTSCHEE Manager. [2 Hongkong. 9th Oct., 1911."
THE MERCANTILE BANK OF
INDIA, LIMITED,
Authorised Capital
Subscribed
Paid Up
Reserve Fund
·BANKERS:
69
$1 90 cts. a. Hongkong Electric Trams 9/3 x div. £1,500,000 1,125,000
Philippines
$10 $5 562,500 H. Price & Co., Ld. 110 $6 465,000
Bank of England. London Joint Stook Baux, Limited.
Interest allowed on Current Ac- counts at 2 per cent per annum on Daily Balance and on Fixed Deposits at rates which may be ascertained on application
A. R. LINTON
Manager.
- THE ALEXANDRA CAFE Cannat be Beaten, if Equalled For Bread, Cakes, Confectionery meals with Wines & Timeneigt.
Pre
Societé des I ferred:
Pulposet=180 |||$20 Papiorteries" paid;} du Tonkin up, $50
Benefit ] $200 Shanghai-Sumatran T. 20 T.150. Steam Laundry $5 $5 United Asbestos)
Oriental Agenoy,>$10 $934 b. Ld.
$10819
United Asbestos $10 $300
Founders Shares] Union Waterboat
Weismann, Ltd. Watson William Fowell
$10 830
$7.30
B
$1.30 for year end'g 31°7′12 40 cents for 1911,
$1.80 per share for 1913 $7 final making 19 for 1913
flatezimo
of Tls. L mak- ting The 2 a/c 1913 Моде
80 cents on fully paid shares and 8 cente on
$1 paidshares for year ending 30.4.14 ...
Final of id. making 75d.
per share for 1913, None
$1.50 for 1910
None
No dividend this year, 50 ota, for year end g 31.3.12
20 per cont. per ordinary share for year ended 31′5′′1912:
$1.25 per share for year) file |**Vending 81:12 1913, 91 HE 25 per cent for yeart
ending 817:110FE7 05 70 cents for 1913
50 cta. year ending.B.30.18). Casscted, 10 28:39. pom. Jun, 13 1914-JEE WRIGHT AND HORNBY / Charcus!
General brokers 6 Des Voeur Road Centrs) Teli addrem Ractitude, plea tas. Tergiapli", does not bold fisalf responsible for my of the Abora queration