Commercial. SITE
THE HONGKONG TELEGRAPH, THURSDAY, JUNE 25, 1914,
CANADIAN PACIFIC
TUNNEL
Work will be Completed in
1916.
BANKS
INTERSATIONAL BANKING
·CORPORATION.
Head Office-fo, Wall Streit, New York London Cfc1-36, Bishopsgate, 5.6.
BRANCHES :----
Bumbay
Calculus
Canon
Cobs
Caloo
Empha
Kabe...
الجمعة.
Masco
Peking
Fin Francfice
Bhanghai
Gold $1,900,000
·
The deliveries into consumption were 198 loads of logs and 427 loads of planks and sountlinge- Lanadron Rubber Estates, together 623 loads, against 490 Mr. F. W. Barker, who presided loads for April, 1018. The dock at, the annual meeting of the stocks at date amelyes as follows: Siam Loge: Barmah and Landron Rubber Estates, Ltd., said the financial position was 2,316 loads, against 1,098 loads; satisfactory, but that the past Java 105 loads, as against 326 year had necessarily been a cut loads. Flanks and Conversions:
The Canadian Pacific Company The coat all in Barmah and Siam 3,679 loads, announce that by 1016 the ting down one.
losde: Java for the combined estates had been against 2,651 reduced from 18. 11.81d. in the 108 loads, against 371 loads double track, tunnel, five miles and one-half long through the Selkirk year Mountains, will be completed. pound to 18. 7.83d., and the at the same date last cost for 1914 would show a further As shown by the above figures, This tonnel will be the longest on there was practically no import the Western hemisphere, and is reduction. The increase in crops sown of per cent, was very satis. daring April of either logs or being built at a cost of about may be ascertained on application. factory, and would have balanced planks, whilst 623 loads were $10,000,000. It is to be electri-R TELLURAPHIC REMSTANCES any ordinary fall in the price of delivered from dock stocks into fied. rubber, but was of little avail consumption. So far as first-class
Stongkung Нало
Capital and Surplastpum
NESS Tcted.
BANKS
IT HONGKONG & SHANGHAL Demand
BANKING CORPORA" | 30 d/s
STION. A
| Paid-up Capital"
| RESERVE TUNDS:
Sterling
£1,500,000 at 21--
$15,000,000
EXCHANGE.
Selling wrong! {T/E/Marksi-
-1/1038- Demand Germany
1/10 11/16 |TE. --Francs ju
www.kqm1/10 3/4 On Haiphong 201 On Saigon autos201
........1/10 13/16. | On Bangkok Jan
***Buying.
יין..
91%
$15.000.000 T/T Shanghal ... ****74 1/4
Private 30 d/s sight B'hai 75}1⁄2 4 m/s. L/C [T/T Singapore .............................. ...81 4 m/s. v/P .................1/11 1/8
T/T Japan
.............................................921⁄44 | 6 m/s. L/C ........1/11 3/16-- T/T India ...............................14134 | 30d/s.8’ney & Melbourne1/11 1/2 T/TBombay...
1414 30d/s.San Fce & New York 4636 .141344 m/s. Marka sii .1.98
Silver...$17,650,000" #qualunqu**
EVERY DESCRIPTION OF BANKING BUSI CURRENT ACCOUNTS opened on the mast DEPOSITS RECEIVED, Éxed for can yust, at
raasus, or for shorter perioda, at rates, which
BILLS NEGOTIATED and COLLECTED.
the in the World
CREDIT over the
Reserve Liability of
Proprietors
Demand Bombay
| T/T Calquita
$32,650,000 Demand Calcutta
Demand India ..$15,000,000 Demand Manila.
COURT OF DIRECTORS.
વ્યવ
.14134 | 4 m/s. Franos
2.4836.
21.4136 || 6 m/1.
141 .921
BarBilver, wandy : ..........
.9536.
forward
.25 15/16
55.10
1144
Bank of England rate Sovereign ̧
T/T. San Fou & New York 46° Demand, New York ..............46 1/8
Hon. Mr. D. Landale Chairman, T/T. Java RESTLERS OF CREDIT and DRAFTS, granted W. F. Pattenden, Esq. Deputy
Chairman... THE ANIS CIRCULAR LETTERS OF RRCLE WRITERS OF CREDIT RCHASE and SALE of Stocks any Shares VELLERS CHECKS sold and castad,
GEORGE MO90.
By placing this tunnel in against a fall of 44 per cent. So logs aro, concerned, merchants operation the Canadian Pacific for they were getting contracts are repelled by the high figures will shorten its main line to the above those at which forward demanded by shippers from bay Pacific Coast by six miles, will controls for the year had been ing forward for replenishing oliminate fire and one-half miles placed by others. It was pretty stocks, and small as the present of snowsheds, reduce the peak of stock of first-class logs is becom-grade 513 feet, and do away certain that the estimated output! for 1914, of 140,000lbs. would be 18, is suficient for the with all but six milesof 2.2 grade. Hongkong, 1st Nov. 1912 exceeded, and seaming that the demand for shipbuilding and 12,000 miles in Canada, it will hand-to-month demand. The On its entire system of over
Manager! Queen's Road, Hongkong
THE
LIMITED.
Established 1880.
Bverage price of this year's crop rolling stook requirements is have but a dozen miles in 2.2 YOKOHAMA SPECIE BANK would be 28. 5.384. par lb., they would have a profit of la. 3d. per being supplied by forward gradient. The latest systems of Ib., or say, 24 per cent. of the contracts for decks and planke electrification are to be used in
direct from the ports of shipment, operating the capital of the company. Report and where landed logs are this tunnel, which is practically Paid-up Capital,
trains through Authorised Capital Yen 48,000,000 and accounts were adopted. saleable the temptation to all contained in Mt. Macdonald, in Reserve Fund......
consumers increases to put up the southern part of the province with inferior timber rather than of British Columbia. face up to the high cost of reliable first-class loga,
A Batch of Dividends..... London, Jane 18.-The follow ing interim dividends have been declared: Selangor sixpence, Pataling 30 per cent., Sangksi Chumur 10 percent., Kuala Kang
!
Tia in the" F,M.S.
This mountain is one of the giant peaks of the Canadian Rookies, and has for years offered
·30,000,000 $18,000,000
Head Office.-YOKOHAMA.
Dairen
Bricche Antung-Hsien Bombay Calcutta Changchun
Fangrien Harbin Hankow
ส ฟ
Kobe
Limo-Yang
Landin
Lydia Thingtau
Agençler at Nagak
Newchwan
New York
Osaka
Peliq
Rysian (Fot Arthur)
-Sus Francis
Shanghai
Hlebling
Tiesula
Toky
Los Angeles
Interest Allowed oo Current Account. Deposits received for fixed periods at rates to be
EISHIONO, Manager.
INDIA, AUSTRALIA AND CHINA
Incorporated by Royal
Charter 1859. '
[18
HEAD OFFICE-LONDON.
8. H. Dodwell, Esq. G. T, M. Edkins, Esq. C. 8. Gubbay, Esq. P. H. Holyoak, Esq. C. Landgraf, Esq." F. Lieb, Esq.
J. A. Flummer, Esq.
Hon. Mr. E: Shellim.
H. A. Slobs, Esq. Ad. Widmann, Esq.
CHIEF MANAGER: Hongkong-N. J. Stabh.
ACTING MANAGER. Shanghal-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. 33 per cent per
annum.
For 6 months. 33 per cent. pe
aanum.
For 12 months, i per cent. per
annum.
A. G. STEPHEN, Acting Chief Manager.
HONGKONG SAVINGS BANK
Subsidiary Coins, Discount per $100: Jhinese...20 ots.pleces $115/8
Chinese...10
Hongkong.20
Hongkong.10
$12 1/8
$.93/8 $10
Gold Leaf per tael'
Opium Quotations:
*May 14 "
Malwa, New...$8,200 per på % Malwa, Old........: 8,300
Patna, Now.......................... 9,325 per ohs' Patna, Old................................... 9,200 Benares, New.... 9.050 Bedures, Old..
8,925
TO-DAY'S SHARE REPORT.
S-SELLERS BA-SALES
STOCKS PAD OF VALUE. BANKS.
CLOSING
QTION.
11.
Hongkong & S'hai $125
8817 b.
£84
*MARINE INSURANCES, Cantone
650
310
*0.
b,
North China
£5 T140 s.
Unions
Yangtzes
$100 $780 s
£50 4194
f1
**$20 $153
950 13874
FIRE INSURANCES Chins Fires **** Hongkong Fires SHIPPING. China & Manllas. $25 $8
b. Douglas Steamship $50 $30 Steamboats $15 1261 b. Indo-Chinas
(Preferred) (Deferred)
Shell " Transports £1
£5 964
103/9 b.
$10 $46
THE Business of the above "Star Ferry
Bank is conducted by the HONGKONG AND SHANGHAI BANKING
REFINERIES. CORPORATION, Rules may be obtained on ap: Luzon Bugars
China Sugars 8100179 $100 $28
MINING,
Paid-up Capital 21,200,000 plication. Reserve Fund..... £1,800,000 INTEREST on deposits is al- Reserve Liability of
lowed on the minimum. monthly Chinese Engineerings £138/- Proprietors ...........£1,200,000 balances at $31 per cent. per an-
Tronoha
£129-
Wh. DICKSON.
Manager.
ntm...
£185
E-JUVERS UN-NOMINAI.
The fall in the price of tin and an expensive impediment to the 10 per cent., Harpenden 20 per the copsequent decline in the highest efficiency in railway cent. Langkat (Sumatra) declares working of mines are turning operation through the Canadian a finalof 12 per cont-Singapore attention to devices for maintain Rookies. The present route, Free Press.
ing an equable price in tin free however, will be used for the Singapore Shars Circular, from fluctuations and consequent summer tourist travel, sa," al- Singapore, June 18.-London loss to miners and dealers, says though proponting difficulties advise daily that the market the Malay Daily Mail. The usual from an operating standpoint, brained on application. there is quiet with very little recommendation by a large it is very beautiful. busines doing and their quota section of the public, regardless the tunnel will be used in Hongkong, 6th April, 1919. tions of Sterling Rubbers were of any method of carrying the winter by all trains, and in the practically unchanged throughout recommendation into effect, is summer by fast mail, express, and the whole of the past week. With limitation of the supply of the freight trains. It is one of the THE CHARTERED BANK OF the fall in the price of Tin, shares commodity. It would be as easy largest pieces of construction in the Mining Group are easier to speak of the limitation of the work on the continent, and the the belter known Stooka atanding supply of iron orcoal as of such method of procedure is attracting at large premiums have felt thia a necessary article as the metal engineers attention throughout Our market has associated with Malaya, Copper the world. It is being built most severely. not been quite so dull this week and tin are two metale largely under the direction of George but there is still very little influenced by similar conditions. Bary, vice-president, and J. G. interest taken in dealing in any It is not surprising, therefore, Sullivan, chief engineer of the class of shares. Sandycrofta that the rise and fall in the Canadian Pacific at Winnipeg. issued their accounts for the year price of ode is coincident ending 31st January last, notify-with the rise and fall in the ing a final dividend of 10 per value of the other. Any
· FOREIGN⠀⠀ EXCHANGE and Depositos may transfer at their Rauds cent. making 35 per cent. for the attempt to limit the production
General Banking business trans-option balances of $100 or mors | DICKS, WHARVES, & GODOWNS. Singapore's new 0. 0. C.m
aoted. year. Industrials are a steady of copper would so seriously
Data plan to the Hongkong and Shanghai Kowloon Wharfs 850 $83 88. & b. markel and of this group dislocate important trades that, who steps into General Stephen-ed and FIXED DEPOSITS re- DEPOSIT 4 per cent, per Shanghai Docks T. 100 1.56
Major-General Raymond Reade, CURRENT ACCOUNTS open- Bank to be placed on FIXED HK & W poa Docks 850 462 sa. & b. Ural Caspian Oils are about sven if it were feasible, the opposi-con's shoes at Singapore, graduat-ceived for 1 year or shorter periode annum. the ore exception to show tion to it would be likely to rendered as a regimental officer in the at rates which will be quoted on fluctuations.
it incapable of execution. These Shropshire Light Infantry, cays application. Linggi Plantations. metals are necessaries of manu-Truth but owing to his selection Sir W. Hood Treacher, presidfacture, just as flour and meat in 1001 for the post of Comman ing at the meeting of the Linggi are necessaries of life. Tempor-rdant of the Royal Military College Hongkong, 11th April, 1912. 12 Plantations, said that the pro-ary control of the latter may be at Kingston, he never had the posal for a combination among ecoured by a "corner," but at the good fortune to become a battsl- rubber growers with the object expense of the public and without on commander. He has, how- of securing and maintaining a advantage to either the flour ever, a wide experience of staff steady price for the product had producing or the meat producing work, having held various minor THE not been effected, probably owing industry. It would be the same appointmentsat home and abroad, to the fact that only a few were with copper and tin. Only the and finishing up at York in 1010 enthusiastic. Many were scept successful gambler would gain as Brigadier-General in Charge. ical, and some were strongly by a victory which would sain of Administration, a post which opposed to the scheme. He was, thousands, perhaps millions. he held till he was promoted to Loans on Mortgage of House Pro-Peking Singapore Tientsin however, of the opinion that the This, however, would not be substantive general's rank in porty C. discussions had not been alto an attempt to control or limit October, 1912. His war record Advances made on Merchandise: gether fruitless. Although they production. Were this attempted is a good one. had not effected a combination, the practice of the De Beer's they had at least co operated Diamond Mines should be follow- together in a friendly way at ad. The total output in one year home, and in the Esat, in such should be so restricted that any matters na the adjustment of increase in consumption would wages, where those had been cause a rise in price, which would abnomal, reduction infreightand again be counter-railed by a whart charges, and for other release of the commodity, and common purposes. He was strong any decrease in price would be ly of opinion that freight rates countervailed by a restriction of THE Hongkong and China Gas Company Ld, boge to inform were still too high, and they the output. De Beer's Mines can the public that on and from the PEAK TRAMWAY OC. would continue their protest. The evoreed in this policy because 1st. July next the price of Gas for matter of wharfage and landing they control the diamond trade all purposes-lighting, heating. charges had also been receiving of South Africa. But, though cooking or power-WILL BE considerable attention. They had the Federated Malay States REDUCED to $2.00 per 1,000 recently shipped s proportion of eft the world with fifty cubic feet. their rubber to Liverpool, where per
Percent of the necessary All discounts will be withdrawn the charges were considerably output of tin, there is another from same date less this those in London. Unless fifty per cent. from Bolivia, the wharingers in London could Dutch East Indies, Australia,
NOTICES,
NOTICE
REDUCTION IN PRICE OF GAS.
"By order of the Directors,
GEORGE CURRY,
Local Becretary,
make some substantial reductions Cornwall, Nigeria and even Hongkong, 1st May, 1914. they would send more of their Mexico, which cannot come under rubberto Liverpool, and he hoped the influence of any Government
DENTAL Surgeon
No. 30, Qason's Road Central, Hongkong-
other companies would follow action here, or of sny powerful Dr. C. L. CHOW. their lead. With regard to mining combination in the F.M.S. another alleged discovery of If the average world's tin produc- aynthetic rubber, certain investition be taken as one hundred gations had been made for which thousand tons as an approximate their company had been partly figure, it will be found that the responsible, and the result of world's consumption will reach thoseinvestigations entitled him the same level. Were thirty to say that there was no cause instead of fifty thousand tons for anxiety on the part of fabbir exported from the FM.S. there shareholders.
* I must be at once a scarcity- which Teak. Y
Would be reflected in a greatly Mars: Denny Mott and Dick increased price and in extra- Bon's Report states The land ordinary speculation in the metal. ings in the docks in London It may, therefore, during April consisted of 2 loads improbable that for
of planks and scantlings as either the FMS Government
against 476 loads of logs and 808 any general amalgamation
of planks and scantlings, or mining interests in the country Tol 778 loads for the oor will attempt to restrict the ming month of last yea in order in raise the pri
MARTIN'S SAPIOL ASTEEL CHEKEPILLS
Men of kay terugslartig at the system, A De. Konly dom MAT DE LAMINpiced. Those who Cham@AL CASTING KEE MOPES MALI KHANA
PAPIOL
NOTICES,
CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD:
(Capital Paid up...$1,250,000.).
-
Goods received on Storage.
Loans made on the "Provident
Bystem. (Rates and Particulars on ap-
plication)
AnThe Office of TRUSTEE, EXECUTOR. OFE WILLS, ATTORNEY, &o, Undertaken and Executedi
SHEWAN, TOMES & Co. |---- General Managers: Hongkong, 19th March, 1708
C
LIMITED.
- TIME TABLE
WEEK DAYS.
· 4.35 2-361
NIGHT CARIERE
15.00 I very half hours 11.00 7210 22-45 3,36 very quarter of an hour.
SUNDAYS "A TANY
17,32, AM, 10^30,90 AM, EVERY, 15 MING
„KONOʻAN 10,11,00 ANG |
11:30 AM, 10° grad Noam *
5-09 2. to *5,00 FINT, 1.00 TM to
9100 mila to, ka NIGHT KARUB,
3
Capital Fully
BANK.
For the Hongkong and Shang-, HOTELS BUILDINGS
Hongkew Wharfu T. 100 T. 90) b. hai Banking Corporation,
Anglo French Lands T.100 T.94 : A. G. STEPHEN, Acting Chief Manager. Hongkong Hotela $50 $125 b. DEUTSCH ASIATISORE Hongkong Lands $100 $113 b.
Humphreys Eetaton 810 $74 Kowloon Lands
$30 Paid-up ...Sh. Taels 7,500,000 Head Office.Shanghai.
Shanghai Land T. 30
T. 92
·Board of Directors-Berlin. Branchens
West Pointe
$50 $73 Berlin Calcutta Cantop Hamburg Hankowa: Kobe,
Manila M'pole Hotel P.10 P. 8 Tainanfu Tsingtan Yokohama. Ewos shorter T. 50 T. 126 Messrs. N. M. Rothschil & Sons. Bhanghai Cottons
LONDON BANKERSAKE The Union of London and Smith, GA Ad Bank, Limited coat Lacu Kung Mow Deutsche Bank (Berlin), London
Kung
Direction der Disconto Gesell
schaft, mens 20
COTTON MILT
T, 108 b.
T. 81 IT. 12 Hongkong Cattons #8101: 374 : DETALHESEENIGELLANEOUS.
$12811 Dresdner Bank. China Borneos
Light and Fowers $101. INTEREST allowed on Current Accounts DEPOSITS received China Providents $10 18h
Das (@ped, shares) #1} on terms which miay be learned
Dairy b'aims H $64$38 on application. Every description
$10 364 nos transseted. of Banking and Exchange bud. Green Islands
Hongkong Electrics $10, $40 Hongkong Toen LA 325. [$200 Hongkong Ropes.
MAX GUTSCHKE Manager.2 Hongkong. 9th Oct. 1911:
$10
8. 10 T. 46
Morning Post $250 $264 Peak TramwaYALGI #10|||99|
Do. (now) $1.00 ota. s. Hongkong Electric Trams9/3 x div. 1,500,000 Wester 1,125,000 Philippines
THE MERCANTILE BANK OF INDIA, LIMITED.
Authorised Japital ...... Subscribed. Paid Up
Reserve Fund.
H
BANKERS:
117$10-15 66%,500 H. Price & Co., Ld $10 16:
# 465,000
Bank of England.
Boolete desferred
Palpeast $50 $20 Papierteries paid ..
10 MI
15 LK,
10 MIN.
London Joint Btock Bänr,
to Man,
LeLimited Cr
du Tonkin
Wocks Baggi
'SATURDAYS
SPECIAL CARE;
Arrangement at the Company's Ocs.
"Alexandra » Huldbjy,
"Des Voeur Rond
SINGLE 2 HD.
Established A, D, 1880, RONASTERIS METAI HARD WABE MERCHANTS, Wholes)
Qenérali
up $50 Benefit $200- Shanghal-Sumatras T. 20T.150. Interest allowed on Current Ao-Steam Laundry A5,65 4
counts at $TM per cont
cent per annum United Asbestos A
on Daily Balance and on Fixed Oriental Agency, $10 $934 b. Deposits at rates which may be LEF ascertained on application.
177Bing Loss Hireet, (End Btreak wedi men
A. R. LINTON
Manager.
ved
United Asbestos
$10 $300 Founders Shares) Union Waterboat $10 $19.
CAFE
sten; If Equalled res, Confectionery Fine & Lovens,
ann, Ltd$10.7820
$1087.30 Am Powell Real 845.
LAST DIVIDEND, AND PATEL,
£2 & 5/-b, at ex I/119/16)
equal to $23,29 for year ending 31/12/13;)
Final of $3 a/c 1912, In-1'
terim of $18 a/c 1918 J Final of 10 po, making 30 p.o. for 19128979 Final of $20 making $50 for 1912 and Interim of $30 for 1913-95 Final of $18 mak. $15 for) 1912 & Int. of 89 for 1913J $10 for 1013
$27 for 1912
$1 for 1906
$2,50 for year,end'g30'6"13 Final of $1 for half) year ending 311219 13% Interim al gear 1913 on preferred shares
Interim of 1 making 2/- for 1913 Coupon No. 31
$1.70 per share and bonus of 30 cents per share for year ending 30°2′38..
$3 for 1912 $3 for 1897
Interim of 5% Coupa, No.
3, aacount of star end- ing 30.6.14.
Int. of 1/6 mak. 6/6s/c:1913
1/2 for 1909
$3.50 for your 1913
$3 for 1913
Tls. 3 for 1912
Interim of Tis 3 for 1913.
Tis. 6 29'210
on old shares, $3.50) on new shares for year.31'12'13
$3 for 6 year. 31.12.13
50 cents for 1913 $2.80 for 1913
Interim of 5 pc. for: year ending 30′6′′13 $%25 ! for year ending) 31.12.13
15 per cent, for 1910
Tle, 15 for year ending
311013
Tie. 10 for year end.
ing 30613
T.12foryear end'g 31′12′′12. "Tia. ll for year ending)
3011:13 LAY
50 cents 31.7.08
$1.20 for 1913
70 cents for 1913
€1.30 for year end'g 31°7′18 40 cents for 191106 $1.80 per share for 1913
7fins! making 89 for 1918
62 for 1913 1
(Interim of Tls.^1}mak-
ing Tie & a/o 1913 None
80 cents on fully paid)
shares and 8 cents on
$1 paidshares for year *ending 30,414 BERICH Final of 6d. making itd.
per share, for-1913/4 None N $150 for 1910
None
No dividend this year
50 ote. for year end g31,5.12.
(20 per cent per ordinary.
shate for year ended 3151912
$1.25 per share foryour}
ending 311
25 per Mending 317
$10 cents for 1913.
“Orduck) broken é Die Vorer Rial Tedfeil Tet, Addres
Zabala Telegraphy does not hold baqif susponatbin for hoy a
srending (101 AND KORNBY