Commercial.

Home Commercial and

Produce Markets;

June 5,

10

THE HONGKONG TELEGRAPH, TU:SDAY, JUNE 30,

that

are

BANKS

*

INTERNATIONAL BANKING

CORPORATION.

Hai Once-do, Wall Street, New York Loudau Dica1-16, Bishopsgate, K.Ç.

BRANOHES:-

Bombay

Calcutis.

Canton

Coba Colon Kampire Hoogkang itaker

Capital and Burplas

US acted

BANKS

F/T

HONGKONG & SHANGHAI Demand

BANKING CORPORA 30 d/8

EXCHANGE.

T/T, Marks

Demand Germany

Seling

193)

..1/10 5/8

194.

1/10 11/16 T/T; "Franas

2.376

.1/10 3/4

TION,

Paid-up Capital

Kobe

RESERVE FUNDS:

60 disgus 4 m/s $15,000,000 T/T Shanghai

On Haiphong

nom

1/10 4

On Saigun.

... nom

..1/10 13/16 Oa Bangkok ......................p.

.....74 3/4

Buving.

Manila

Private 30 d/s sight S'hai -7534

4 m/s. "L/U

Mexico

Sterling

T/T Singaporo

Рапеша

81

Peking

San Francisco

Shanghal

£1,500,000 at 2

$15,000,000

T/T Japan

.....................

4 m/s. "/P sian92346 m/s. L/O

T/T Irdia

Demand Indis

Gold $3,800,00

2

Yokohams

EVERY DESCRIPTION OF BANKING BUSI CURRENT ACCOUNTS opened on, the unass DEPOSITS RECEIVED. flest for one year at may be ascertained on application.

antim, ps for shorter seriods, at nates, which

LLS NEGOTIATED and COLLECTED.

MAIL and TELEGRAPING KEMITTANCES

CREDIT an available é extr the World the principal cities is the World, LETTERS OF CREDIT ad DRAFTS granted

on

THE BANK'S CIRCULAR LETTERS OF COMMERCIAL LETTERS OF CREDIT

FURCHASE and SALE of Stocks an Sharts TRAVELLERS CHECKS old and cashed,

Manager. Queen's Road, Hongkong

HEORAR KO40,

Dealers may buy and take their of this kind is not done speedily own riska; or they may buy on certain French interests will commission for manufacturers, take the matter into their own, In any case they (the dealers) are hands and create facilities for the sole arbitratora as to value, tho development of commercial und neither side has a word to enterprises, whiob,, while in- say as to quality, or its relation volving no undue risk, will, in The Bank rale remains un-to value. Surely matters could all probability, return large changed at 3 per cent. The open ba remedied by growers giving profits to those who take the market rate for short loans is more details as to the real quality matter up. It is stated quite per cent, and disccunt ef four and general character of their freely in some quarters that one months Bank billa 27 per cent. rubber, and reging that all of the London banks is pre- The Silver, morket has been very this information quiet, and bars are now" quoted renches the manufacturers, to stitution, provided that the exist actually pared to create such an in- lower at 5 15-18d. per oz. The whom quality really matters, Mr. ing banking corporations in the Rubber Sbare market has under R N Lyne, Ceylon's Director of Far East will agree to lend their gone little onge, being dall Agriculture, was interviewed in moral support, while it is also with little business, The Shell Colombo on passing through on asserted Transport and Trading Company his way to London as Ceylon assurances in this connection the necessary announces n fin dividend of 54. Commissioner This gives 35 por cant, for the Exhibition. To on Observer re- If these statements are correct the Rubber bave already been forthooming. year. On account of the present presentativa ha raid the recent much will have been done to year so interim dividend of 18. visit of Messrs. Worthington, establish the position of Englieb is to be paid as usual. The Tea Hughes and Wilson, of the Dunlop interests in market has not yet re-opened after Rubbor Company, showed tboy Valley.

the Yangtaze Thoro the holidays. Coffee has met with were emphatic about the harm established in that region suf

already fair demand and prices are fully done to rubber by overmilling: ficient English commercial houses Hongkong, 1st Nov 1912 maintained. Sugar closes steady, They wanted the rubber as little of standing to insure a substan- after being quiet and essie: touched as it was possible for it tial turnover at the cutest to such Both Singapore Popper and to be. They seemed to be rather an institution, while it is quite White Pepper are quiet," In Rice inclined to favour the rubber certain that these there is little passing, but prices being coagulated and dried before would welcome most cordially are steady. Manila Hemp is flat, being smoked in preference to such an enterprise. Nedless to and prices are lower. Plantation smoking the crude latex. That say, the bank will need to be Rubber has been firmer, First was, they seamed to want the administered by men of great Later Crepe being quoted 28. rabber sufficientlyngulated ne experience in Chinese affairs, 4td. per lb., and Smoked Sbest to allow of bandling, and then while the choice of a manager 29. 44d. per lb. Fine Hard Para smoked in preference to the smok will constitute no is 2a. 10d. per. lb. Straits Tio is fing of crude latox, or some method There are, however, plenty of easy task. £142 to £142 10s, for cash, and such neuved for tire present men quits capable of Gilling this £'44 to £144 103. for three smoked sheet. They were shown post satisfetorily, and, if need months.

some worm blanket in the murgum be, a suitable official could ba and immediately expressed the obtained from among the staffs opinion that something of that of the institutions already kind would prove the best, this conducting banking business on The India Rubber Journal -nya|| it has received n complaint homowing the smoke to penetrate English lines in China, but

coagulated just sufficiently to Peking Government and right in. The Istex should be who are more or less tied to the handle it, and then smoked se diplomatic considerations in their quickly as possible; they were business transactions. not quite in favour of the smoking of the crude later."

Standardisation and Price of Wubber.

of

Want of

THE

-LIMITED.

same houses YOKOHAMA SPECIE BANK

PUBLIC COMPANIES

LTD. NOTICE

by

mathod in the factories, and want HONGLONG ICE COMPANY, of cleanliness were also subjects on which they had something to be no system for the later to come IN accordance with the Provi say. They said there seemed to

the mashine and out at the other cles of Association the General sions of No 111 of the Art- oad as rubber without having INTERIM DIVIDEND for Managers have this day declared. The various machine were pat 1914 of TWO & A HALF DOL- touched a floor or a wooden table the half year ended 30th June down more or less baphazard." British Interests in the Yangtze

Valley.

LARS PER SHARE. be obtained on application at DIVIDENDWARRANTS may

.

Paid-up Capital...

Established 1880.

Reserve Fund...... Authorised Capital Yen 48,000,000 30,000,000 18,900,000

41

"

Head Office.-YOKOHAMA.

ltra-ches

Astung-Hen

13only

Calcula

Changchan

Yangrien

Dairen

Harin Hank

Kebe

Luc-Yang

Lord.n Lyu'k

Tip tau

Agencies al Vagasaki

Newcha

New York

Quia

Pablo

Ryolan Port

Aahur

San Francisco

Shanghai

Telling

Timeun

Tokyo

Los Angeles, Tiingiau

Interest Allowed on Current Account. Deposits received for fixed periods mi rutes to bo tained on application.

EISHIONO, Manager. Hongkong, 6th April, 1913.

[18

Silver...$17,650,000

Reserve Liability of

Proprietors..

T/T Bombay..... Demand Bombay

$32,650,000 T/T Caloust

Demand Caloutta $15,000,000 Demand Manila

COURT OF DIRECTORS. Hon. Mr. D. Landale, Chairman, W. I. Pattonden, E- Doputy

Chairman.

S. H. Dodwell, Esq. G. T, M. Edkins, Eng. C. S. Gubbay, Esq.

P. H. Holyoak, Esq.

C. Landgraf, Esq.

F. Lieb, Esq.

J. A. Plummer, Esq. Hon. Mr. E. Shellim. H.A. Siebe, Eeg. Ad. Widmann, Esq. CHIEF MANAGER: Hongkong-N. 3. Stabh

ACTING MANAGER. Shanghai-J, D. Smart. London Bankers-London County and Westminster Limited.

Hongkong-Interest Allowed:

On Current Ascount at the rate of 2 per cent per annum on the daily balance.

.....1/11

**1/11 1/8

1/11 3/16

•141 † 30d/B.S'ney & Melbourne1/11 1/4” .1413g 30 d/s.Ban F'ce & New York 4636

14144 m/s. Marks ....1.98 ..........14136 | 4 m/s. Francs ... s2.4211⁄2")

.1418 10/8. no-

141% Bardilver, ready. 26 1/16 1..92

forward

T/T. San F'où & Now, York 46 T/T. Java Demand, New York

· Subsidiary. Coins,

26-1/16

461/8 11434nvereign

Bank of England rate Gold Leaf per tal

3% ...55.20

10:30

Discount per $100:

Malwa, Now

$8,200 per p..

Chinese...20 ota.pieces #11 3/8

Malwa, Old

812 1/8

Patna, New

9,325 per chi

Hongkong.20 Hongkong.10

$ 95/8 $10

Patna, Old..

Renares, New

***** 9,050

Chinese ...10

Opium Quotations...

May 14,

8,300

9,200

Benain, Old....

8.925

TO-DAY'S SHARE REPORT

S-FELLERS

STOCKS & PAID OF VALOR BANKS.

Yangtzes

SA-SALES B-DUYERS N-NOMINAL

Law gavtorno AND TAKE

£&5/-b.atex 11 3/16)

equal to $93.29 for Year ending 31/12/13. J Final of $3 afo 1912, In

terima of $18 a/c 1913 s Final of 1 pc, making

20 p,o. for 1912 Final of $20 making $50 for 1912 and Interim of $30 for 1913

UZION $820 b.

Hongkong & S'hai $125

£84

MARINE INSURANCE, Cantone

$50

North China

310 £5 T140

b.

B

Unions

$100 $780

£50 $194

FIRE INSURANCES,

$20 $153.

8.

$50 $390

$10. for 1912

b.

$27' for 1912

$25 [$8

8.

4

sanura.

per cont. per A. G. STEPHEN.. Acting Chief Manager,

Douglas Steamship $50 $30 Steamboats Indo-Chinas

$1 for 1006

815 $27

b.

(Preferred) (Doferred)

£5 164

$199/-

b.

ON FIXED DEPOSITS, For 3 months. 2 per cont. per

annum.

For 6 months, 3 per cent. pe.

annum. For 12 months,

THE CHARTERED BANK OF HONGKONG SAVINGS BANK

INDIA, AUSTRALIA AND

ΟΗΙΝΑ

Incorporated by Royal

Charter 1853."

THI

Hongkang Fires Chine Fires

China & Manilas

SHIPPING

Shell" Transports £1

Star Ferry

$10.846

REFINERIES.

China Sugarė Luzon Sugars

$100 $79 $100 $28

8.

MINING

THE Business of the above- Bank is conducted by the HONGKONG AND SHANGHAI Paid-upita!

HEAD OFFICE.-LONDON.

BANKING CORPORATION £1,200,000

Rules may be obtained on a Reserved.......

£1,800,000 plication. Reserv Liability of

INTEREST on deposits is al-Chinese Engineerings £137/68. Prietors...£1,200,000 lowed on the minimum monthly

balances at $3 per cent. per an-Tronohe

£125/-

act d.

Bi

"

Depositors may transfer at their OOCKS, WHARVES, & GODOWNS

Raubs option balances of $100 or more Kowloon Wharfs

201

133

3.

$50 $83 sa. & h.

b.

a planter, who holds the view that there are no standarde, except those of colour and smell, towards which he can aim in the hope of eliminating, in the factory, the acknowledged variability plantation rubber.

We must point out that many estato pro- 'CE9288 permit of improvements which will redash the variation which we know to exist. There in at one end and pass through is the bulking of latex, the use of definite strengths of acetic acid atook solution, cleanliness of all taging, collecting, and coagulat. ing apparatus, the adoption of more regular washig, time and temperature of caring, and even smoking all these factors count in the production of lena variable correspondent wiling to the the Office of the Company on FEIGN EXCHANGE and num rubber. The official document Financial Times Rays that no and after Wednesday the Isteral Banking business trans- of the R.O.A. on Standardisation matter to whom may fall the

July. indicates a method whereby all eventual benefits of the compre the Company will be closed from

The TRANSFER BOOKS of URRENT ACCOUNTS open to the Hongkong and Shanghai H.K&W'pos Docks $50 $63 the rubber from the world's hocsive development

and FIXED DEPOSITS re- Bank to be placed on FIXED of plantations can be catalogued in Yungleze Valley, there is reason, inclusive.

the the 28th to 30th instant, both days feived for 1 year or shorter periode DEPOSIT + 4 per cent. per. Shanghai Dooks T. 100 T. 57 distinct groups, the whole of the to believe that a.

at rates which will be quoted on sanum.

Hongkow Wharfa T. 100 T. 91 b. rubber in each group' being con- commencing in the opening up

JARDINE, MATHESON application.

For the Hongkong and Shang-LANDS, HOTELS & BUILDINGS atant in ite behaviour during of this, one of the wealthiest

& Co., Ltd.

Wm. DIOKSON.

haf Banking Corporation,

Anglo French Lands T.100 T.94 Genoral Managers,

Manager. processes of manufacture. The portions of the Chinese Republic Hongkong, 25th June, 1914,

A.G STEPHEN,

H'kong Central E'tes $100 $100 b. Hongkong. 11th. April, 1912 physical tests whereby these wealthy, that is to any, in

Acting Chief Manager. Hongkong Hotels $50. $125 attributes are determined will; we natural resources. Great Britain.

b. believe, be ultimately applicable has hitherto maintained a prior

DEUTSCH ASIATISCHE Hongkong Lands $100 $114 b. on individual estates of a large claim among the great Powers aize. Once Europe has evolved to the development of this region, UNDER Ordinance No. 5 of

Humphreys Estates $10 $79 agreed standard groups on a and her position in this connec- has been proclaimed a General 1912, WEDNESDAY 1st July

Kowloon Lands Shanghai Lands T. 30 T. 92

$30 $44 quality basia it will be easily tion is now generally recognised. Holiday and the possible for individual estates to In particular. France has agreed Banks will be closed for business Exchange sabject their rubber to the same to forsake whatever commercial on that day.

West Points $50 $75 tests and grade accordingly.jurisdiction she may have con- Hongkong, 26th June, 1914, perty, &c. Mere sight and band inspection templated in that part of China

Manila M'pole Hotel P.10 P. 8 of rubber on the plantations can in return for freedom of action

COTTON MILLS. never enable planters to pack ac- elsewhere. This, of course, is the cording to quality. It is equally official attitude of the Quai impossible for separate estates to d'Orany. As a matter of fact, At present erect their own plant French capital has flown freely ANCE for determination of etandard into the Yangtze Valley during CLOSED for the Transaction of TRUSTEE, EXECUTOR gnalities prior to packing. The recent years, and will undoubted- Public Business on WEDNES- Randards must first be worked. ly continue to do so, as long as DAY, 1st July, 1914.. out in London or Antwerp, to Great Britain maintaine her the satisfaction of the trade, present. position thers. French

new era IS

NOTICE,

BANK HOLIDAYS.

THE

NOTICES,

T 2

Capital Fully.

BANK.

Paid-up...Sh. Teels 7,500,000 Head Ofoe.-Shanghai. Board of Directors-Herlin. Branches:

CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.

Loans on, Mortgage of House Pro-Berlin

(Capital Paid up...$1,250,000.) -

Goods received on Storage. MARINE INSURANCE ASSO.Loane made on the Provident

Advances made on Merchandise: CIATION OF HONGKONG. System.

plication).

Calcutta Canton, Hamburg Hankow Kobe Peking Singapore Tientsin Tainanfu Tsingtau Yokohama. LONDON BANKERS: Messrs. N. M. Rothschil & Sons.

Ежов Shanghai Cottons

OTICE is hereby given tlist (Rates and Particulars on ap- The Union of London and Smith's Laou Kung Mow

C

all MARINE INSUR- OFFICES will be

The Office of...

OF WILLS, ATTORNEY, &c., Undertaken and Executed, By Order,

SHEWAN, TOMES & Co, E. A. M. WILLIAMS,

General Managers. Acting Secretary. Hongkong, 9th Ma.sh, 1908

EAK

before individual estates can financiers and commercial inter- Hongkong, 29th June, 1914. ever hope to ship true standard eats have always been willing to

of

1.

By Order, AM. WILLIAMS,- 29th June, 1914.

Acting Secretary,

L. CHOW.

DENTAL Surgeon No, 80, Quean's Road Central, Hongkong. -

qualities to either of these follow the Union Jack, and their FIRE INSURANCE ASSOCIA porta. In the meantime estates prédilections in this connection TION OF HONGKONG. can do something on the lines we have been particularly noticeable have mentioned to reduce in Chiou. This need not, how NOTICE is hereby given that variability. To anyone who has ever give say cause for anxiety OFFICES will be CLOSED for all TIRE INSURANCE tken the trouble to examine the to English" susceptibilities; on the Transaction of Public Busi- various grades of plantation the contrary, so long an French-ness on WEDNESDAY, 1st July, rubber from one or more numerous men are prepared to accept the 1914. estates, regularly disposed of by risk in return for the profit the auction, the fact that the priss position is a fair one. There is realised so closely approx male to plenty of room in the. Yangleze Hongkong, one another, and differ widely Valley for British enterprises to from those for African and develop on their own lines, while, Brazilian types, caust suggest happily, there appear to hs Dr. C. that there is something radically large number

capable, wrong. Admittedly plantation Englishmen willing to try their rabbers are generally the purest, fortunes in that part of the and the safest to buy from the world. What is wanted just now standpoint of loss on washing.uowever, is a commercial bank But the prices given for genuine willing to grant special accom-amo vá muchana na camantgin a lower grades of plantation, which modation to enterprises of such a cannot lose on washing more type as are likely to bs intagarat than, at the most, 5 per cent., are fed in the near future. Such entirely against rubber growers. on institution need not work in The discount accepted for even competition with the oxisting Beste which happen to be slightly financial interests; on the con mouldy is enormous,if comparison trary, it might very well to u be made with grades from other offalicot of them, end there is parts of the world. The only reason to believe that arrange- explanation is to be found in the merita are now under discus for fact the plantation rubber is not for the establishment of a growers or bought corporation of this nature, it Being sold B

dealers on any quality Lasia, being realised that if something

MARTIN'S APIOL&STEEL PILLS

Ja French Komedy for all Irengaiaritias. Thommade of Ladad siways koop 2. |

· Marus'sville in Usa bokas, sa limon box siga of any Zerogaiary"

YmY AS AC

Thom who

neered them.bans thetra

sonte aula. A)) Obensiale szíê Minzen volt through the Ward, or post frie

ARTIH, Chemist, Bocinampton, lag

MARTIN'S A APIOL & STEEL Kodama PILIS

b.

b.

T. 50 T. 127

T, 108 b.

T. 81

T. 119. 871

Bank, Limited. Deutsche Bank (Berlin), London

Kung Tik Agency.

Hongkong Cottons $10 Direction der Disconto Gesell-China-Borneos $12 $11

INTEREST allowed on Current Account. DEPOSITS received

schaft.

.... Dresdner Bank.

3

PEA

TRAMWAY 00,

LIMITED.

TIME TABLE.

7.00 A., La

WEEK DAYS.

4,00 EVERY IS MIN. 1.00 a.M. to 10:00 AM, 10.00 AM to $1,00 ̧ 21.30, 10 $2.45 130+ 50.45 PM to 3.15,

15. to 1:45 PM,

mas pa16

7.45. PDM to

2.35 1.36 to

5.00 1.18, to

teite

NIGHT CARS

10. MIN -ry Mr.

15 MIN. 10 MIN,

1. F., and V.M. DO SIM, Wo

17.00 9:361 vary bali kour

4.

11.00 PM to 5

*very quarter of an hour,

SUNDAYS

7,45 10 10.30 AM, Ever 25 MIN.

29:30 AM. 10 11,00 AM -

11.30 AM. to 19.00 Noor

1200 Noor to 7.00 7.3.

1.00 7.3 to 100 7. to

THEA DO1

6.00 7.3

B.DE J.M. to 3.00 3. ! 2:00 PM to Exo P .*

TO'MIN

TS MIN

3 MIN

TO MIN.

NIGHT CARS as on Week Dayı-

SATURDAYS

Katra Carot is midnight.

SPECIAL CARS

"By Arrangement at the Company's' Of, Alexandru, Buildinar,

Des-Forex Road,

SINGON & CO.

Established A. D. 1880.

RON STEEL, METAY, and HARD-

WART MERCHANTE: Wholesale

ai 4 Retall Ironmong Pyron and

Chias Providents

Final of $12 mak. $15 fort

1912 & Int. of83 for 1918):

$2.50 for year end g30'6 13 Final of $1 for half) year ending 31*12*137 (3% Interim a/c year 1913 on preferred shares

making

Final, of 5

7/- for 1913 Couper No. 22.

$1.70-per-sbare-and-bonus

of 30 cents per share for year ending 30'4'13

$3 for 1912 $3 for 1897

"

Interim of 5% Coupon No.

3 account of year end- ing 10,6.. 4.

Int. of 1/5 mak. 6/6 a/o, 19 3

1/2 for 1909

$3.50 for year 1913

$3 for 1913

Tis. 3 for 1912

Interim of Tls 3 for: 1913

Tle. 6 29*2*10.

First year

$7 on old sharús, $3.50)

on new ahares for

year 31'12'13

$314 for 14 year ending 31.12.13

50 cents for 1913

$2.80 for 1913

Interim of 5 p.a. for

year ending 30°6′13 $2,25 for year ending, 31.12.13

.15 per cent for 1910. "Tle. 15 for year ending

31°10'13

ending}

Tis. 10 for year and

ing 30'6*13

T.12for yearend’g31'12′12 Tis, 1 for year ending}

30*11*13

50 cents 31.7.08

$1.20 for 1913

6.70 cents for 1913

MISCELLANEOUS. Light and Powers $101

Do. (Spoo.shares) $14.

$10 $81

$6 $39"

$10 $6

$25 $200 b. $10 $25 b. 8. 10 T. 48.

.

b.

on terme which may be learned Dairy Farms on application. Every desoription Hongkong Electrics 810 340

Green Islands of Banking and Exchange busi- ness transacted.

MAX GUTSCHKE,

Manager. Hongkong, 9th Oct., 1911.

Hongkong loea Hongkong Ropes Langkata

Morning Post Peak Tramway

$25 $28 $10 #9:40 b.

Do. (new) $1 90 ot. 8. Hongkong Electric Trams 9,6 1,125,000 Philippines $10 $5

THE MERCANTILE BANK OF INDIA, LIMITED.

Authorised Capital......£1,500,000 Subscribed Paid Up

10

465,000

Pre-

Reserve Fund D2,500. Prias & Co., Ld. $10 ··]56°.

BANKERS;

Bank of England. London Joint Stook Bauk,

Limited.

Interest allowed on Current Ac counts at 2 per cent per annum on Daily Balance and on Fired Deposits at rates which may be ascertained on application.

A. R. LINTON

Manager.

Societe

$50

120

des forred Pulpeset Papierteriespaid du Tonkin

up 350 Benefit $200 Shanghai-Sumatras T. 20T150 Steam Laundry United Asbestos

#535 Oriental Agency, 510 8914 Ld. .........******** United Asbestos Founders Shares Union Waterboat

Weismann, Ltd

$10 $300,

$10 $19

$1090 $10 57.30.0

Ham Powel Corrected -

THE ALEXANDRA CASE Watson:

Found Cake importers General Stores Cannot be Beaton. If Eunlled keepers and Bhipolandiers, No. 35 - For Bread, Cakes, C-Fectionery 37, Hing Loong Strost, (2nd Street;: "wed

of Soutral Market) Telephone Na 515micale with Wines & liguens

b.

$1.30 for year end'g 31°7:13 40 cents for 1911 0 $1.80 per share for 1913

$7 final making 89 for 1913:

for 1913

82

Interim of Tls. 1 mak- ting Tla. 2 a/o 1913 None

80 conts on fully paid]

shares and 3 cents on $1 paid shares for year ending 30.4.14

Tinal of 6d. making 7 d. per share for 1913. None

$1.50 for 1910

None

No dividend this year 50 cts. for year end g $15.12 (20 per cent, per ordinary. share for year ended. 31.51912:

$1.25 per share for yeart

ending $1,121918

25 per cent for your ending $1771148495) $70 cents for 1913

50 cta. yearending 30115

WRIGHT AND HORNKYO

Jus, 30 2016 General bracere 6 Um Yox Road Capital Tel, adders The "Telegraph's does not hold itself stapanaibig forenz

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