Commercial.
Hupeh Cement Works, During the month in which work has been resumed at the
| But we are surprised to learn that Your Excellency has boon deceiy. ed, nod has intended to effect an amalgamation of the Baresu' of Pinghsiang Mines and the Han- Yeb-Ping Company. It must be noted that tho Han-Yeh-Ping
Hupeh Cement Works, 20,000 Company hip already become a pioals of bigh grade cement have Japanese concern, and should the
New Japanese Company.
THE HONGKONG TELEGRAPH, THURSDAY, JULY 1914.
THE KING AND THE PRESS.
"A Daily Debt of Gratitude."
Mr John Redmond was the been exportcut to Flankow. The amalgamation he effected, we will goest at the annual dinner of the cement is stated to be of a euplove sold the Tinghsiang Mines Parliamentary Press Gallery held erior quality under the new direct the Japanese for nought. at the Hours of Commons on 15th tion which now has the assistance Moreover the Company is on the May. Mr W, J. Flynn presided. of eight foreign engineers. verge of bankruptcy on account The chairman dispatched a of the accumulated debts and loyal message to the King, and A Company has been formed the analgamation bef the following reply was received in Japan to toks over sa a joint forted, the Buean will be made from Buckingham Palace undertaking the coal mines at to share the wormous debts with
Mr. Sheng Hsuan-busi. Accord-members of the Parliamentary The King cordially thanks the Arate, Nakutsura, "Bluta and Seniui. The new company willing to Art. 16 of the 2nd Chapter Press Gallory gathered together be knowangthe kegyo Kabushiki of the Mining Regulations the for their
anoual Kaisha and will have a capital ofining area should not exceed 10 with
John Hi, and if the mines of Pinghsiaugina their principal guest Y 3,000,000.
and Anyuau be united together their kind messuge, and desires A Company have been formed the area will exceed the extent me to transmit to them his good at bankow, with a capital of fixed by the Presidential Order. wishes for a happy evening. His $600,000 to work the rich actim-Wo cannot disregard the Presid-Majesty recoguides the daily debt nay deposits on Wu Lung Mounatial Orders and laws. Therefore of gratitude which he and his tain in the vicinity of Iching. It is hereby requested that the subjects owe to the members of has been known for some time plan of amalgamation bewithheld, the Parliamentary Press Gallery that the mountain is rich in and that funds be raised to Stamford ham. antimony and the translator of the parchase back the mines for the Russian Consulate has subscribed province.
Antimony at Ichàng. -
$200,000 of the proposed capital, the remainder being available for publio subscription. The company will be known as the Yasa Shen Company and will commence work as soon as the title of the land required have been transferred.
'Tho
GERMAN LINES AND
NEW ZEALAND."
dinner Redmond
BANKS
INTERATIONAL BANKING
CORPORATION.
Head Dica:-60, Wali Strel, New York Landoo Ulice:-36, Elshopsgate, E.C
BRANCHES :-
Bombay Calcotta
Can100
Cabu
Cotos Empira
Hongkong Kaw
BANKS
Selling
F/T HONGKONG & SHANGHAI Demand
BANKING CORPORA- 30 día ............çin...........
TION,
60 d/s 4 m/s. ...815.000,000 | T/T Shanghai....
Paid-up Capital
Kobe Malia
RESERVE FUNDS:
Mexico
Sterling
Рапкая
Paking
San Francisco gbangbai Yokoakme
£1,500,000 at..2}-=
Capital and Surplus mummies Cold $1,900,000
EVERY DESCRIPTION OF BANKING BUSI NESS tracted,
CURKENT ACCOUNTS opened on the wa DEPOSITS RECEIVED, dxed for one year af +X per unaom, or for shorter parinda, et sains, blab may be ascertained as application
HILLS NEGOTIATED and COLLECTED MAIL and TELEGRAPHIC REMITTANCES LETTERS OF CREDIT DRAFTS granted
de
the painaigal dan in the world.
for PURCHASE and SALE of Stocks an
effected,
THE BANK'S CIRCULAR LETTERS OF CKEDIT are available all over the World
COMMERCIAL LETTERS OF CREDIT
Share TRAVELLERS CHECKS sold and cashed.
GEORGE HOGG,
Manager. Queen's Road, Hongkong|
Hongkong, ist Nov. 1912
THE VOKOHAMA SPECIE BANK IMITED.
YOKOHA
:
Established 1880. Authorised Capital Yen 48,000,000 30,000,000 Paid-up Capital Resorve Fund...... 18,000,000 Head Office.-YOKOHAMA,
Branches Anung-1ision
Ca'sur Changchan
Dairen Fenglica
Ha:Tu
Ex
Hvaxan
Коне
+
Agoriei at Nagasak
Newchwanz
New York
Олека
I'chia
Ryolun (Vort
Arthur
San Francico
Shanghai
$15,000,000
Silver ...$17,650,000
Reserve Liability of
Proprietors
EXCHANGE.
T/T: Marks.
C++ 194 .1/10 11/16 Demand Germany ...19434
1/10 3/4 Fran. 8.38 .1/10 19/6 On Haiphong tone 50m 1/10 13/16 On Seigan.............................. nom ..1/10 On Bangkok ...........................81}£ ....74114:
Buying.
11/11-1/16-
Private 30 d/s sight 9'hal 75144 m/s. L/O T/T Singapore ...................81344 m/s. u/P ................................1/11 3/16 T/TJapan
60/s. L/O.........................1/11 1/4
•14131⁄2 30°d/e.S'ney & Melbourne1/11 5/16 1413430 d/s.San Fco & New York 47 .14136 | 4 m/s. Marks"
T/T India
Demand India
T/T Bombay...
Dornand Bombay
$32,650,000 T/T Calousta
.$15,000,000
COURT OF DIREUTORS, " Hon. Mr. D. Lardale Chairman, W. T Pattenden, Esq.- Deputy
Chairman.
S. H. Dodwell, Esq. G. T. M. Edkins, Esq. C. S. Gubbay, Esq. P. H. Holyoak, Esq.
C. Landgraf, Esq.
F. Lieb, Esq.
J. A. Plummer, Esq.- Hon. Mr. E. Rhellim. H. A: Siebs, Esq. Ad. Widmann, Esq.
CHIEF MANAGER: Hongkong-N. J. Stabh
ACTING MANAGER. Shanghai-J. D. Smart. London Bankers-London County and Westminster Limited.
Hongkong-Interest Allowed:
On Current Account at the rate
............141944 m/s. Francs ...........
14146 m/s. co
1414 BarSilver. ready ..921
Danand Caloutta Demand Manila ..... T/T. San F'cu & New York 46 1/8
T/T. Java Domand, New York
46).
Subsidiary Coins. Discount per $100: Chinese...20 ots. pieces $11 1/16
Chinese ...10 Hongkong.20 Hougkong.10
2.43
2.45
........26.1/8 forward
...26 9/16. Gold Leaf par tael.....55.20 Bank of England rate .3%! Sovereign
Opium Quotations.
10.45
May 14
Malwa, New.
$8,200 per p
Malwa, Old
8,900
**
$12.1/8
L'atna, New
9,325 per che
$ 9.3/8
Patna, Old............ 9,200
Renares, New
$9 15/16
Bouaras. Old.
9,030 8,925
TO-DAY'S SHARE REPORT
S-SELLEHS SA-SALES
Stocks & PAID ON VALOR
HANKS,
MARINE INSURANCES, Cantons
North China
Unions
of 2 per cent. per annum be the Yangtzes daily balance
ON FIXED DEPOSITS.
For 3 months. 2 per cent. por Hong HPPING,
Sean trade, in order to out the German Protectoratea out of the Anglo-Australian sphere of in- terests. If a bid is now being made for an independent New Zealand trade, it is not surprising. There has been a great deal of Sinklang Currency.
about the British shipowners have now unnecessary foss Provincial Bank of to face a now situation created abandonment of the Australian "Siakiong has issued two kinds of by proposal of German com- postal subsidy. The truth is that notes, vix dollur.notos and red panies to inaugurato a direct it has ceased to be advisable from cash notes. As the issue is strictly orvien from the Continent to any point of view, except that of limited in accordance with the New Zonland. Hitherto, says the shani prestige, and so far from local demand, both notes circulate Times, all the cargo from Germany marking a retreat, marks the simultaneously with metallic has been brought to the Thames beginning of fresh efforts to money and no depreciation has and shipped thence ia British push German shipping under over occurred.
ships. Now the Norddeutscher-the conditions of freedom Shanghal Freight Report, Lloyd and the Deutsch-Auswhich the Hamburg-Amerika Hongkong, 6th April, 1913. Mosard, Wheelock and Co.'s trailsche Gesellschaft have let it Line-now almost absolute moster (Shanghai) Freight Market be knowu that they contemplate of the German situation-has THE CHARTERED BANK OF HONGKONG SAVINGS BANK
maintaining a service of their always advocated. In considering
busincas
"
aro
An
Loud,
Lyons
Trington
U-BUYERS N-NOMINAL
LAST, DIVIDED AND DETRU -
£2 &'5/- b. atex 1/113/16)
equal to 223.29 for year ending 31/12/13"
Final of $3 a/c 1912, In-1 terim of 818 a/6 1913 Final of 10 pc, making:
20 p.o. for 1912 Final of $20 making $50 for 1912 and Interim of $30 for 1913- Final of $12mak: $15 fort 1912 & Int. of$3 for 1913 j
$10 for 1912
Closing
K
Hongkong & S'hai $125
#820 b.
JESA 8.
$50 310
£5 T140 5.
$100 $775
b.
£50 $194
Tieblag
annum.
Tokya
Los Angeles T-inglan
For 6 months, 33 por cont
pe.
FIRE INSURANCES, China Fires
Fires
China & Manilas
$20. $153
8.
$50 $390 b.
$27 for 1912
annum.
JEU.
$25 $8 Douglas Steamship $50 $30, Steamboats Indo-Chinas
B.
$1 for 1906
b.
$15 627
b.
(Preferred) (Deferred)
"Shell" Transports`£1'
£5 $64
1991-
£11
HE Business of the above Bank is conducted by the
"Star Ferry' { 810 846
8.
$100 $79
$3 for 1912
$100 628
B,
$3 for 1997
8.
Jatrical Allowed on Current Accouil Deposit received for fixed periods at rates to be Lained on application
EISHIONO, Manager,
INDIA, AUSTRALIA AND OHINA.
acted.
NOTICES.
[18
Manager.
For 12 months, 4 per cent per
A. G, STEPHEN, Acting Chiot Manager.
THE HONGKONG AND SHANGHAI China SugarE
REFINERIES.
| BANKING ·CORPORATION Luzon Sugars
Rules may be obtained on sp
Raubs
MINING,
LANDS, HOTELS & BUILDINGB
b
Report of June 25 states:-
There is not much to add to own from Bremen and Hamburg, the difficulties of German trade our remarks of a fortnight ago as and a leading British owner has with the British Colonies not too
Incorporated by: Royal regards the Homeward Freight just visited Germany with the much importance should be.
Charter 1853. markets either to Europe or idea of trying to arrange a settle-attached to the vato on the America, and at the moment of ment of pressat difficulties. importation of frazon meat and
HEAD OFFICE-LONDON, writing
is quiet, Negotiations between the British wool into Germany. It is reported Paid-up Capital £1,200,000 although there
numerous and German companies are still that during the recent Reichstag Reserve Fund...£1,800,000 plication. enquiries for tonnago to Europe proceeding and are now at a debates. even the Conservatives Reserve Liability of
INTEREST on deposite is al- Chinose Engineeringe £137/6 for July-August shipment.
rathor delienta stage. Thore expressed willingness to abandon Proprietors £1,200,000 |lowed on the minimum monthly Conetwise.-We Lave to j-seeme good reason though for the vete in the interest of the
balances at $3 per cent. Der an-Tronohe
£1 (25/- report in this thinking that provement to
FOREIGN EXCHANGE and num. amicable Australian service. It is an un-
£1 $3 market, if anything, it is even arrangement will be arrived at; mistakable fact the "improve-General Banking business trans- Depositors may transfer at their DOCKS, WHARVES, & GODOWNS.
option balances of $100 or more
Kowloon Wharfs more at a stзudatif than when but in any case British owners ment of Anglo-German relations"
$50 $52 CURRENT ACCOUNTS open to the Hongkong and Shanghai H.K.&W'pon Doors $50 $62 we last
wrote the summer would not consent
to being and the relief of naval tensioned and FIXED DEPOSITS re- Bank to be placed on FIXED months are now, on us when the driven out of
trade in the North Sea" have syn-ceived for 1 year or shorter periods DEPOSIT * 4 the China consting truite is always between
Shanghai Dooke T. 100 T. 57 the Contineut and chronized with the appearance of at rates which will be quoted on, annem
per cent. per Hongkow Wharfs T. 100 T. 91. dull, but this year it is quieter British Possession. Presum-world-wide schemes for the application.
For the Hongkong and Shang- Anglo French Lands T.100 T94 - than usual. The south reports an ably, in the' ovont of the development of German trade,
Wm. DICKSON.
hai Banking Corporation,'
H'kong Contral Etes $100 $100 equally lifeless market and we failure of the negotiations, they and especially of German ship-
A. G. STEPHEN. are afraid it is useless to look for would arrange to load direct on plug. We have had under the Hongkong, 11th April, 1912.
Acting Chief Manager. Hongkong Hotele $50 $125 b. any revival before the Autumu. the Continent, and a rate war guise of international negotiations
The 'Plaghslang Coal Mines. would follow..
the effective combination of the
DED
EUTSCH ASIATISCHE Hongkong Lands $100 $114. b. The following in a petition-ad- No doubt one of the motives Hamburg-Amerika line and the dressed to the Governor of behind this development is the North-German Lloyd, and we THE
Humphreys Estates $10 $72 Kianget by the Kiangai residents encouragement of the export trade have had the feverish foundation
Kowloon Lands $30844 in Paking, protesting against this from Germany to New Zealand, of special societies for the
Shanghai Leads T. 30. T. 92 plan of amalgamation of the Besides wool, very little produce furtherance of Germany's trade Bureau of Finghsiaug Mints, is at present exported from New with most countries under the Loans on Mortgage of House Pro-
West Points $50 $73 with the Han-Yoh-Ping Company,Zealand to Geiminy, and it is sun. and requesting that it be bought thought that the steamers would
Manila M'pole Hotel P.10 (F. 8
COTTON MILLS. back by the province.
load homeward for Europe at
Ewos
T. 50 T. 130 b. which The petitioners hereby request Australian ports, that the rights of the Ping-haungolready well served by German
Shanghai Cottona It is rumoured that as Mr. Mines be preserved, so that the shipping. Frozen meat, shipped Chiang Chien, the Minister of interest of the country and the in enormous quantities from New Agriculture and Commerce, hae rights of the province may be Zealand, may not be taken into left the Capital for the South on TRUSTEE, EXECUTOR OF Deutsche Bank (Berlin), London
The Office of respected and the law of the Germany. At a time when it is country be maintained. Since proposed to abandon the German leave has already expired without
a furlough of two months, which » WILLS, ATTORNEY, &c.,
Undertaken and Executed. the management of the Han-Yeb-mail and passenger service to
SHEWAN, TOMES & Co. Ping Company was entrusted to Australia there could hardly be any confirmed news of his return, it is generally believed that Mini-
General Managers.. Sheng Heaan buai, be obtained any question of entering the New coal from Pingbeiang and An- Zealand passenger trade. The ster hang will not return to his Hongkong. 19.b March 1908
post, and that Prince Teal-chen. Juna. By
P
A recent
are
Prince Tsai-Chen to Become
Minister,
CHINA. PROVIDENT LOAN AND MORTGAGE CO., LTD. (Capital Paid up...$1,250,000.)
perty, &o.
Goods received on Storage. Advances made on Merchandise: Loans made on the Provident
System.
(Rates and Particulars on ap-
plication).
loan prosent development is another will be appointed to succeed him, DEAK agisement he practically sold the indication of the energy characas he had achieved some merits Pinghsiang mines to the Japanese. torizing the German shipping in the Board of Commerce of the Forinnately in last year the leaders and the competition which fate dynasty. Kiangai Goverement established always increasing. It is quite
NOTICE.
MAN LOONG.
FIRST-CLASS PRESERVES, OINGER
AND SOY MANUFACTURERS,
f Bureau of Pinghsiang Mines, in keeping with the difficulties w the determination to recover which have arisen respecting the the privileges so long asarped by trade between Europe and North However America. and remain still un- Sheng Hsuan-husi. recently we have been surprised settled. The announcement in to learn that on account of the the Tintes of a scheme for a direct difficulty of meeting the expenses German service to New Zealand the said Bureau will be amal-has probably been regarded as gamated with the Han-Yoh-Ping inconvenient. At any rate, it Čampany, na since the conclusion has not yet found its way into of the illegal loan the latter the German Preis or received W this cians of Gords, las tunnis la the whole country has been any German explanation. The Gingers are all fresh and of the first pick. anonicus in offoring protests. undertaking would be a fresh quality of Sugar. We give our special In Peking a Society has been instance of one of the cardinal attention to our business and sanitary formed with the sole purpose aims of German shipping policy arrangements,
Factory at Yaumatie OFFICE; No. 30, Dea Vaux Road, W. Telephone No. 177 & K. 12.
are the loading Manufacturers in.
| Our" Syrup is prepared. from the best
to deal with this problem, and independence of foreign lines the Tutch of Hupeh, oleo and especially, wherever possible, | ■ Bent a telographic protest to the freedom from necessity of trans-: Government, demanding that the shipment to foreign ships. In agreement be cancelled. With the negotiations between the the exception of Japanese news-Government and the German papers all the rest have condemn-shipping companies for the revi- ed the notion of Sheng Beuar son of the arrangements for the husias treason. The Governmens, postal services to the Far East, to has already taken up measures to Australia, and to the South Seas, solve the problem and delegates the ideal of making German trade have already been appointed to independent was expremly formu institute an investigation. Proper lated. The principle is to be Punishment will soon be given, applied especially to the South
MARTIN'S
APIOL & STEEL KLOPILLS
Alap tar
byateko, a
French Kanady for all irren:larities, . Loạn Bị L đi tui tra bởi ít Markin's kidən is thin hatine, na klint on the dess
Reklam peccasmand, them, bancs their pronavala. Ati Chromatopid Bioran pelt Ehretchout the World, or post
Those who
MARTIN. Shamalai, Mauikamptan er
MARTIN'S
PIOL & STEEL SALMON PILLS
TRAMWAY CO.
LIMITED.
TIME TABLE.
WEEK DAYS.
1,00', to
+
15 MIN.
15 MIN.
P
10 Bi
Eco A. Kenar is Mix. 1.00 AM, 10 30.00 A
10 MIN. 76.00, AM, 10
ILOD A.M. 11-30, to
1943 PA 1945 7.M, to $35.0 Jus rat, to May to 3:00 F: 10
3.29 7.M.
3,45 %>M) $15, FAMI
אפל מס.4
NIGHT CARA.
x BW
TR ICT
15 MIN.
30 MIN.
3.56 mm) and 9 PM), 1:30 PM. to.
GUNDO DARI EVCry hall hours.
_17:00 PM. 10 22.45 2.34. every quarter of hour.
SUNDAYS
7,43 AM to 10:30 AM.. Every -10:30 AM. TO 11.00. A. M.
sace Noox 10'100.9.
5.00 PJ to
300 F3, 10 7.00 7.3.
2300 8,30; 10% KAD PAM,
3
Capital Fully
Berlin
BANK.
Paid-up...Sh. Taels 7,500,000 Head Office.-Shanghai. Board of Directors-Berlin. Branches: Calcutta Canton Hamburg Hankow Kobe Peking Singaporo Tiontsin' Tsinanfu Tsingtau Yokohama. LONDON BANKERS: Mesure. N. M. Rothschil, & Sons,
Union of London and Smith's Laou Kung Mow
Bank, Limited.
Agency.
IT
T. 109 b.
T. 81
Kung Yik
T. 111 Hongkong Cottons $10 $71
MISCELLANEOUS.
: Direction der Disconto. Gesell-China-Borneca
$12 $11 schaft.
Light and Powers $10] $434 6. INTEREST allowed on Current China Providents $10.88
Do. (Spec. shares)$1 Account. DEPOSITS received Dairy Farms
Dresdner Bank.
$6 $39 on application. Every description Hongkong Eleptrics $10 $40 on terms which may be learned Green Islands
$10 86.10 of Banking and Exchange busi-Bongkong Ioes $25 $200 b. ness transacted.
$10 $25 b.
Hongkong Ropes MAX GUTSCHKE Langkata
Manager. Hongkong, 9th Oct. 1917.
Morning Post Peak Tramway
THE MERCANTILE BANK OF
INDIA, LIMITED.
| Authorised Capital
Subsoribed
ng Mim,'
Paid Up
TO MENS
Reserve Fund
"
IS MINE
·TO MIN,
25 341304
10 .
BY MEN
to Ax
NIGHT CARS on Wick Days.·
SATURDAY'S
Exis Cor_at is midnight.
SPECIAL CABS
By Angemt at the Company's Olice, Alexandra, Buildings,
Des Voeux Road.
SINGON & CO.
Established A. D. 1880.
TRON, STEEL, METAL and HARD
WARE MERCHANTS Wholesale and Retail Irurzongora, Pig Iron and Four.dry Coke Importers. General Storet
BANKERS:
8 10 T. 45
$25 $28 b. $10 | 89:40. b.
$190 cts. 6,
Do. (new) Hongkong Electric Trams 9/9
£1,500,000
1,125,000 Philippines
$10 $5 ⠀⠀⠀562,500 | H. Price & Co., Ld: $1086
465,000
Pre desferred
Bank of England, London Joint Stock Bank, 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.
Bociete
Pulpeset $50 320 Papierteries paid du Tonkin up 850
Beneft 8200 Shanghai-Sumatras T. 20,T.150 Steam Laundry 85 85 United Asbestos)
Oriental Agency,$100.
Ld.
$2.50 for year end'g 30'6"13" Final of $1 for half
year ending 31°12′13′′ f·· 13% Interim a/o year 1913 On preferred shares
(Fiant of 5- making. 7 for 1913 Coupon No. 22.
$1.70 per sbare and bonus
of 30 cents per share for.
* year ending 30′4′19′′
Interim of 5% Coupon No. 3 account of year end- ing 30.6.14.
Int. of 1/6 mak.6/8 a/c. 19/9.
1/2 for 1909
$3.50 for year 1913
$3 for 1913
Tle. 3 for 1912
Interim of Tis 3 for 1919.
Tia. 6 29'2'10
First year
87 on old shares, $3.50)
on new shares for year 311213
$314 for 14 year ending 31.12.13
50 cents for 1913 $2,80 for 1913
Interim of 5 p.o. for yearending 30°8′13 $2,25 * for 14 year ending 31.12.13
15 per cent. for 1910 Tis. 15 for year ending!
31'10'13
ending}
Tls. 10 for year end-
ing 30'8'13
T:13foryearend'g 3112.12 Tls. ly for year ending
3011'13
50 cents 31.7.08
$1.20 for 1913
70 cents for 1913
$1.80 for year end'g 317 13. 40 conta for 1911
$1.80 per share for 1913 $7 final making $9 for 1913 $2 for 1913
Interim of Tis. 1 mak ting Tis. 2 a/o 1913 None
k
80 cents on fully paid aharas and 8 cents on $1 paid shares for year ending 30.4.14 Final of 6d, making 7d. per share for 1913. None $1.50 for 1910-
Nona
No dividend this year 50 cts. for year end g 81.5.12
r20
United Asbestos
$10 $300 Founders Shares Union Waterboat 610 $19
Weismann, Ltd. $10 690
10 874
THE ALEXANDRA CAFE Watson
kaepers and Shipahandlers, Nos. 35 ans Cannot be Besten. If Equalled William Powell 37, Hing Loong Street, (2nd Street, wed For Broad, Cakes, Confectionery
of
Central Market) Telephone No.615 menle with Winer & Liquene
por cont. per ordinary share for year ended 81′51912
$1.25 per share for year ending 9172*191839
25 per cent. for year 3
ending 31711ADEN PAN 70 cents for 1913. S 14.50 ots. yearending 6:30.13
erected, bo zaga pun, Juli, a 19WRIGHT AND HORNBY SALE
peezy & Das Vous Road Contul Tel, addresa Kootiyeda, ku
crograph" does not held izvelt zuspogniklu far vi kan qui egern sale gay ch