Commercial.
Home Commercial and Produce
common
THE HONGKONG TELEGRAPH," TUESDAY, JULY 19, 1914.
THE TURKISH ARMY,
Proposal to Engage Japanese Intructors;
According to a report publish-
BANKS
INTERATIONAL BANKING
CORPORATION..
Head Office, Wall Street, New York London Olica:-28, Bishopigate, E.C. - 11
BRANCHES ---
Bombay
Calcatta
Castor
Cetra
Hongkong HAACOW Capital and Surplus.
BANKS
TT
EXCHANGE
T/T. Marks Demand Germany
HONGKONG & SHANGRA Demand 1/10 7/16
BANKING CORPORA- ·30 d/s
TION.
60 d/s
4 m/s...
$15.000.000 T/T Shanghai
191
p.m
Belling
..1/10 3/8
.1/10 1/2
T. Frane.... On Haiphong.
On Saigon
Paid-up Capital
Koda
Manila
RESERVE FUNDS:
Marico
Sterling
Ринаша
Private 30 d/s sight S'hai T/T Singapore "b
1/10.9/16
741/4 751⁄4
On Bangkok
Buying.
..1/10 3/4
Puking
Sas, Franciaco
£1,500,000 at 2/-=- $15,000,000
T/T Japan
omen du
T/T India ****?* ****
Demand India
$32,650,000 Demand Bombay
T/T Bombay...
Shanghai
Yokohama
Gold $2,00 *quntususiy¢00%
EVERY DESCRIPTION OF BANKING BUSI CURRENT ACCOUNTS opened on thi nama,
and TELEGRAPHIC REMITTANCES
THE BANK'S CIRCULAR LETTERS OF
اچینوا
Silver $17,650,000
Chairman.
T/T Calcutta
Demand Manila ...
Chisirman. T/T, San F'ou & New Deputy Demand, New York
T/T. Java
4 m/s, L/C
80164 m/s. U/D1/103% 9111⁄2 -6 m/s. L/C ..................................................1/10 15/16- 13934 | 30d/s.S′ney & Melbourne1/11 .140
| 30 d/s,San Feŋ & New York 461⁄44 .13944 m/s. Marks .... 1.95
4 m/s. Francs
140
20
13934 6 m/s. av. ....2.42 140 BarSilver ready. 25 11/16/ ...91 1/3
forward 212594 Gold Loaf portael.55.60 Bank of Englandrate 4.3%. Sovereign.10.60'
York 45%
45). 11234
Subsidiary Coins.
|from China has to be recorded. Following a more or less dia- astrous year, importers have acted with caution and the supply has baca curtailed; but the premium Markets
at which low-priced tea from all The Bank rato remains un-other countries of production has percent. The Open stood has attracted more attention. ohanged at 3 market rate for short loans is 11 to this growth. The market was per cent., and discount of four dull and lifeless until the late ed in a Russian paper, when the months' Bank bills 2 9-16 to 296 autumn, when some
interest party of Major-General Tanaka visited Constantinople, it was per cent. The Silver market has was attracted to been quiet and prices rather qualities by reason of their received with a display of an pre- oasier, bara being now quoted comparatively low
cadented friendliness by the quotations.
Reserva Liability of 251 per oz. The tendency of the Sellers were able to realise more
leading Turkish people. Some NESS acad
Proprietor. $15,000,000 Demand Calcutta Rubber share market is Grmer, readily, and the level of value of the statesmen hare suggested term
COURT OF DIRECTORS. DEPOSITS RECEIVED, fixad for one year or and prices in many cases show was eventually raised, but not in that they invite Japanese Army sunum, or for sharter periode, at reise, which Hons Mr. D. Landals an improvement. The meetings the same ratio as that reached for officers to Turkey as militaryLES NEGOTIATED and COLLECTED W. J. Pattenden, have been held of the Batavia other varieties. The supplics instructors, in the belief that it
**** LETTERS OF CREDIT and DRAFTS' granted Plantations Investments, Bidor received in shipping ports wore military spirit prong the Turkish would be effective in restoring a
dim freistes in the Worl Rubber Estate, Indo-China Steam less than the previoue season,
CREDIT AV Avelalibu di aver, she World.
COMMERCIAL LETTERS OF CREDIT Navigation Company and Way due partly to less demand than officers and men. The sugges
tion further added that the Tur-PURCHASE and BALF of Breckwas— Shüzes Halim (Samaira) Rubbor Estates usual, and partly to unrattled The China Ten market is quiet, conditions in the interior and kish soldiers will gladly accept GRAVELLERS CHECKS fold and cubed.
Buch instruction from Japanese
ECHGE HOGO, and practically unchanged. uncurtainty of safe transport from
Manager. officers without the insulting Coffee bas met with fair demand growing districts. Hankow is
Queen's Road, Hongkong atsteady prices. Sugar bes ruled reported to have received the altitude often shown European Hongkong, 1st Nov, 1912 quiet at about previous rates. smallest supply on record for 10 Japanese officers was first mooted oflicers. The employment of Both Singapore Popper and White yours, but quality was good when the late General Nogi passed Pepper are quiet, but steady. Shipments to nearly all markets, though the capital on bis trip YOKOHAMA SPECIE BANK Rice ie quieter. Manila Hemp except Russia. showed a decrease, abowa little change, being quiet but the demand for Dust was through Europe, aur the late but steady. Plantation Rubber pheromenally good, the sub General agreed to recommend remains firm, but business is stantially higher prices paid even able officeis. The matter hae moderate. First Latex Crepe is influencing the conversion of been left unsettled until to-day, now quoted 28. 44d. per lb., and some quantity of whole-leaf into owing to the Turko-Italian War Smoked Sheet 28. 4]d. per lb. Dust the production of which is
and the upheaval in the Balkans,,
-Japan Mail. Fine Hard Para is 2s. 03d. per cheaper in respect of packing lb. Straits Tin is £139 58. to and dues. The export of Brick £139 15s. for cash, and £141 to Tea from Hankow under the. £141 108: for three months.
C
Messrs. Thompson's Annual Tea Report. In their annual review of the
TO-
Russian demand tolalled about €0,000,000 lbs., and the imports:
of Indian, Ceylon, and Java tea for the manufacture of "Bricks"
TO SAIL
"
GLEN LINE"
THE
LIMITED.
Established 1880.
Authorised Capital Yea 18,000,000 30,000,000 Paid-up Capital
18,900,000
Reserve Fund
#
Head Office.-YOKOHAMA,
Branches
Antung-Hsien
Bombay
Calcutta
Changchun
Dairen
Fengtien
Earlin'
ilankow
Ifanctulu
Kobe
Liao-Yong Londa
Tsingtau
Lyons
Agencles at Nagasaki Nawchwang
New York Oska
Pekin
Ryðlun (Part
Antur)
San Francisco
Shanghai
Tabling
Tientsia
'Tokyo
Los Angelo' Tuingrau
Interest Allowed on Current Account. Deposits received for fized periods at raits to be talsed on application...
For Glasgow & Rotterdam The s.s. "OLENSTRAE" (Capt. McGillivray) will be des- patched for the above ports on or
EISHIONO, Manager. about 18th July 1914,
Saloon fare Hongkong/Glas-Hongkong, 6th April, 1913.
S. H. Dodwell, Esq. G. T. M. Edkins, Esq. C, S. Gubbay, Esq. PH. Holyoak, Esq. C. Landgraf, Esq. F. Lieb, Esq.
J. A. Plummer, Esq.
Hon. Mr. E. Shallim. H. A. Bioba, Esq. Ad. Widmann, Esq.
CHIEF MANAGER: Hongkong N. J. Stabh
ACTING MANAGER. Shanghai-J. D. Smart. London Bankers-London County and Westminster Límited.
Hongkong-Interest Allowed: -On Current Account at the rate of 2 per cent per aanum on the daily balance.
ON FIXED DEPOSITS
Discount per $100:-
Chinese.....20 ots. pieces $113/16
Chinese...10
$12
Hongkong.20 Hongkong.10
$9
$.97/8 H
J
Opium Quotations.
Malwa, Now
July 7
$8,200 per p
|Malwa, Old ............ 8,300
Patna, Now 9,395 per che. Patna, Old...i
9,200
Benares, New...... 9,050
Beuares, Old..
8,925
TO-DAY'S SHARE REPORT.
S-SELLERS SA-SALES D-BUYERS N-NOMINAL
Sroces & Paid or VALOW,
BANKS.
Hongkong & S'hai 3125 ·
MARINE INSURANCES, Cantone
North China
Unions
For 3 months, 2 per cent. per Yangtszes
annum.
CLOSING Q'TION.
$8-15 b.
£83/10
$50 313
£5 T140 b.
$100 $780 b.
LAST DIVIDEND AND URTEI
£2 & 5/-b. at ox 1/113/16)
equal to 923.20 for 36 year ending 31/18/13′′]
Final of $3 a/c 1912, In-Į
lerim of $18 afo 1913 J Final of 14 p.c, making
20 p.c. 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]
£50 $194
FIRE INSURANCES:
$20 $50 $393
$155
$27 for 1912
For 6 months. 3 per cent poChina Fires
annum.
For 12 months, per cent. per
andum.
A. G, STEPHEN. Acting Chief Manager.
118 HONGKONG SAVINGS BANK
For freight or passage, apply THE CHARTERED BANK OF
INDIA, AUSTRALIA AND TH SHEWAN TOMES & Co,
Agents. Hongkong, 18th June, 1914
PUBLIC COMPANIES
THE STEAM LAUNDRY
"
CHINA.
Incorporated by Royal Charter 1853."
Hongkong Fires
SHIPPING. China & Manilas $25 $9 Douglas Steamship $50 $31: Steamboate
Indo-Chinas
(Preferred) (Deferred)
}
$15 $27
£5 $60
"Shell" Transports £1
HE Businose of the above Bank is conducted by the HONGKONG AND SHANGHAT BANKING CORPORATION" Star Ferry"
Rules may be obtained on ap plication...
2.
$961
$10 $44) b.
REFINERIES.
$100 $79 $100 $28
HEAD OFFICE.-LONDON.
INTEREST on deposits is al China Sugars Paid-up Capital ......£1,200,000|lowed on the minimum monthly Luzon Bugara Reserve Fund..... ................ £1,800,000 balances at $3 per cent. per an- Reservo Liability of
Proprietors
REM.
MINING.
Ites trade, Messrs. Wm. Jas. and mounted to about 21,500,000 (MCGREGOR, GOW & Co.) Ltd
Hy. Thompson state:-A sumbe. The orop fro Japan was mary of the past year's figures as usual, absorbed almost exclu reveals a total of export of tea sively by America and was from all countries of production 5,750,000 lbs. lighter than last of 754 million Ibe; cumpared year. Endeavours to popularise with 760) million lbs. for the Formoesn tea have been continu: previous year. Of this quantity ed. The pripective supply of
gow £40. the Vaited
both Kingdom
variotic is stationary. ceived. 3701 million
With regard to the ensuing season to. ths, W against 3641 million lbs., while a larger erop is generally antici 384 million lbs., againat 3851 pated from Java, and, ander million lbe, were distributed normal conditions, this should to other markets of the world. be regarded as a certainty, as the Omitling China tea, the London island is still in the stage of market has dealt with 2,208,803 development. But last year's pro- packages at public auction, and tracted drought must haveserious the average price realised for allly affected the vitality of the tea thus disposed of wae 0181. plaut, and its renowned produc
£1,200,000 Depositors may transfer at their Chinese Engineerings £137/6 per lb. Compared with last year, tiveness roay, and probably will,
option 'balances of $100 or more the figures were 3,251,000 packle checked for some months. The THE TWELFTH ORDINARY
GENERAL MEETING of FOREIGN EXCHANGE and to the Hongkong and Shanghai Tronohs"
£150/- ages, averaging 3'Sid. par Ik supply from China is almost entire Shareholders in this above COM- General Banking business trans-Rank to be placed on FIXED Raubs
DEPOSIT 4 per cent, per Kowloon Wharfs About 18,800 packages of China ly dependent on demand g
BLOGÚNTA ODOL-İ tea have been offered at public prices of other growths may of Sir Cheld at the Office acted. sale. Deliveries to meet home Psibly attract more ton to the WEDNESDAY, the 15th July, ed and FIXED DEPOSITS rs- consumption and for re-export coast, but so far as this country 1914, at 12.30 pm.. for the purpose ceived for 1 year or shorter periods have totalled 366 million Lbs is concerned it seems unquestion of receiving the Report of the at rates which will be quoted on
WR. DICKSON. against 358) million lbs, and able that its compulsory usa has Directors with a statement of application.
The Transfer Books of the transhipments have accounted for limitations, and under normal Accounts to the 31st May, 1914. 1834 million lbs., against 19 conditions there is no inducement Company will be closed from 10th Hongkong. 11th April, 1012. million lbs. a year ago. The to importers to interest themselves July to 15th July, both days total stock in bond on May 31 largely in the article. was 8816 million lbs., against 87 1/2 million lbs. The past season may be described as an exceptionally favourable, one to Peking, July 1. According to producers; crops have been short the sentence of the court martial in some districts of India and in two hundred soldiers of the First Ceylon, but more particularly in Division, who took part in the Java (and the quantity received Kalgan mutiny, have been shot. from China has also shown &
The Sack of Kalgan.
inclusive.
C. BERNARD BROWN,
Acting Secretary, Hongkong. 30th June, 1914.
NOTICES.
HONGKONG GYMKHANA
deorense); but the total deficiency Tropical Agricultural Congress. THE THIRD GYMKHANA
At the forthcoming Internation-
has been more than made good
The Charge for Admission will! be 81.00 for others than Members of the Hongkong Jockey Club or Soldiers and Sailors in uniform Gymkhana Club. half price.
NOTICES
Manager. 1:2
THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1,250,000.) Loana on Mortgage of House Pro- perty, &o.
The Office of
OF WILLS, ATTORNEY, &o, TRUSTEE, EXECUTOR
-Undertaken and Executed:
SHEWAN, TOMES & Co. General Managers Hongkong, 19th March, 1908",
CLUB.
Goods received on Storage. Advances made on Merchandise: MEETING of the Sensap Loans made on the Provident
System: by heavy yields in other districts al Congress of Tropical Agricul-will be held at Happy Valley on
plication). of Northern India. Anticipations ture, to be held in London at the Saturday, the 18th July, 1914, (Rates and Particulars on ap of a large increase in the Java Imperial Institute, Jane 23-30. commencing at 3.15 p.m. crop have not been fulfilled, and amongst the representatives and whereas an excess of at least 10 delegates attending will be to 11 million lbs. was looked for, Federated Malay States: Planters only about 8 million lbs. more Association of Malaya, Mr. H. M. were exported, which, as well as Darby: Tongking, Chamber of
The Committee invite the a farther 3 million Ibs., were Commerce, Haiphong, Monsieur absorbed, by foreign markets, Brouamiche, Vice-President of the Ladies of Hongkong to be
and present. leaving the direct supply to this Chamber; country practically the same Netherlands East Indies, Dr. C. Hongkong, 8th July, 1914. as last year, and to Holland J. J. van Hall, Director, Govern- 3 million lbs. in deficiency. Olim- ment Institute for Plant Diseases atic conditions were extremely and unfavourable a
Netherlands
NOTICE.
Cultures Department of THE HONGKONG CENTRAL
ESTATE LD. protracted Agriculture, Buitenzorg, Java;
drought seriously affecting the Kolonisal Institut, Amsterdam, NOTICE is hereby given that yield, and whereas the previous Dr. J. Dekker; Sinm, Mr. W. A. year's erop gave an excess of Graham, Adviser to the Siamese about 224 per cent., last year's Ministry of Agriculture; Formoss, ratio of increase was only about Dr. Tokichi Shiraki, Government 5 per cent. The quality of the Entomologist. year's crop, omitting native grown
the Statutory Meeting| of Shareholders of this Company will be held at the Offices of the General Managers at NOON on MONDAY 27th inst., Instead of as previously notified.
By Order,
A. SHELTON HOOPER, Secretary to The Hong- kong Land Investment & Agency Company, Ld. General Managers. 6th July, 1914.9
PAPIOLASTREL
leaf, has on the whole shown some t Lu Chang Hsiapg.
President Poincare, on 17th improving tendency The island of Sumatra has this year to be ult, received in official audience placed on record as a competitive Et Chang Heiang, the Chines producer, and recently the trade Envoy Extraordinary, who had
the French Hongkong, has been introduced to this growth come to bring to by the sale of several fair-sized President the insignis of the shipments in the open market, Chinese Order of Grand Merit. The teas have been particularly On his arrival at the Palace the well made and assorted into true Chinese representative was ac and distinctive grades, and the corded military hondura and liquors have been oleen and of a introduced by the Officer, of useful description. They have Service and Tent-Colonel Com- been well received, and have mandant of the Palene. Together Order of realised an average price of 9d with the insignia of the C per lb. The island in repated to Grand Merit, he handed President be capable of producing a large Poincare a letter from Yaan Bliz yield, and from mature areas an kai. At the conclusion of the outturn of at lesat 12 maands audience M. Poincare gaya a (1,000 They per acre is anticipated. breakfast in honour of Afarther decline in the imports
Cheng Hsiang,
"Thaumants of, Ladies, sivays keep a bar, BỀN, | Mariaru Pile ju she backe, kothat on tus trek'
antiparasand sharp, Stasscar' kkake desbe
FMARTIN, Chaucet, Maathaispies, BA
PEAK TRAMWAY CO.
LIMITED.
TIME TABLE.
7.00 All, in
WEEK DAYS,
1.00 AN. ETERY 16 hits, 1,06 at 10 10-00 00: " 10:00 AM 10
15 Adzw
11.30 AM, 10" RAAS" TAKE
1.15 T.2L
TS TO DAS PIL. LA 5:00 F.M) to
Н
心
M
TRIS PALETTA.
10 Mani
rs New.
MIGHT CARS:
£1.00 TINI EVvery dal bouts" ILDO F. DO 22:45 224) every quarter of an hour,
SUNDAYS
7445 AM 10:10:30 AM); Evans, 15 MIN.
TEŽAJA. Su · 1900 Noda
7.3, to
H
1.00 Paci to' 5.00 hall
2.00 2.34 - L00 AM 102.00 13 -you satisa - 1,10,2.30.
20. Mana "NIGHT," CARS me on "Wesk Dayi
SATURDAYS
VEPROIAL CAREYAS ristguisont nagile Company'd OS, Alakändes »Buildings Bubb
SINGON & CO.
3
• Established A)D; 1880. IRON, STEEL, METÄL
WARE MERCHANTS and Beta!! - Trodadagura, Pig Iron Foundry Coka Importarki General 84or keepers and Shipahandle No.5594 37, Hing Loong Street, (End Street Wris
DOCKS, WHARVES, & GODOWNS
£1 $3
$50 $83 hai Banking Corporate, Shang-ELK. &W'pos Docks $50 362
A. G. STEPHEN,
Hongkew wuha.T. 100 T. 60 b. Acting Chief Manager. LANDS, HOTELS & BUILDINGS A
Anglo French Lande T.100 T.94 F'kong Central E'tes $100 $100 bi DEUTSCH ASIATISCHE Hongkong Hotels $50 $125^ b. Hongkong Lands $100 $116 b.
Capital Fully
BANK.
Paid-up...Sh. Taols 7,500,000 Head Office-Shanghai. Board of Directors-Berlin. Branches: Berlin Calcutta Canton Hamburg Hankow Kobe Peking Singapore Tientsin Tsinanfu Tsingtau Yokohama:
Humphreys Estates $10 1752 1 Kowloon Lands 830844 Shanghai Lands. T. 30 T. 92 b.
West Points $50 $73 Manila M'pole Hotel P.10 P. 8.
COTTON MILLS, LONDON BANKERS:
Ewas
T 50 T. 135 b. Messrs, N. M. Rothschil & Sons.
T. 112 The Union of London and Smith's Shanghai Cottons
Bank, Limited.
Deutsche Bank (Berlin), London Lou Kung Mow
Аводст.
Direction der Disconto Gesell Kung Yik
sobaft.
Dresdner Bank. INTEREST allowed on Current Account." DEPOSITS" received on terms which may be learned on application. Every description of Banking and Exchange bust ness transacted ma
MAX GUTSCHKE
Manageri Hongkong, 9th Ook, 1911.:
[2
THE MERCANTILE BANK OF INDIA, LIMITED.
Authorised Japital.
Subscribed
Réserve Fund
Paid Up
BANKERS:
T. 82 b.
T. 114 b:
Hongkong Cottons $10, $74 b..
SES MISCELLANEOUS. 1
$12 $11 China-Borneos Light and Powers $10) 434
Do. (Spec. shares) $1 China Providente $10 831 $6 $38 Dairy Farms Green Islands $10069 Hongkong Electrics $10 $41 Hongkong Icon: $25 ($200 Hongkong Ropes $10 $252 Langkats
g. 10
Morning Post Peak Tramway
£1,500,000 1,125,000
$25, $29b. $10 $10
$190 ota. e,'
Do... (now). 562,500 Hongkong Electric Trams 12/-b. 465,000 ||
Bank of Barland. London Joint Stock Baur, Limited
Every description of Exchange business transacted,good
Interest allowed on Current Ao- counts at 2 per cent per annum on Daily Balance and on Fized Deposits at rates, which may be sscertained on application. DAR LINTON P HANA Manager,
THE ALEXANDRA AFE Cannot be Beaten, ift Equalled, or Bread, Cakes, Confectionery
and meals with Wines & Liquors.
Philippines
$1085
H. Price & Co.; Ld. $10 $5
Pro Soolate desferred
Pulpaset
Papeteries
$50 ($20
paid du Tonkin
up $50 Benefit $200- Shanghal-Sumatras:T: 20 T:150 Steam Laundry mell 5% bj United :: Asbeston Hapk
Oriental Agency, #10 2017 Ld.
$800
United, Asbestos Founders Shares Unfon Wi
Welamann, Ltd $10 20 Watson William Powell, Ltd
$10 for 1912
'$1 for 1906
$2.50 for year and'g30'6°13 Final of $1 for half) year ending 31*12*13. (3% Interim alo year 1913 on preferred
abaros'.
Final of 5 making 7 for 1913 Coupen No, 29.
$1.70 per share and bonus of 30 cents per share for year ending 90'4'13
$3 for 1912
$3 for 1897
Interim of 5% Coupon No.
3 account of year end- ing 30.6.14.
Int. of 1/6 mak.sho
1/2 for 1909
$3.50 for year 1913
$3 TOT IZAU
1913
Tls. 3 for 1912- Interim of Tls 3 for 1913- First year
$7 on old shares, $3,50)
on new shares for year 31*12-13.
$316 for 11⁄2 year ending" 31.12.13
50 cents for 1918. $2.80 for 1913 Intérim of 5 p.o. for yearending 30°6′13 $2,25) for year ending) 91.12-13 apr
15 per cent. for 1910
Tle. 15.for year ending
31′10′13/Ne
Tls. 10 for year end.
ing 30°6′13
T12foryearend'g31′12′′12-- Tis. 1) for your ending
+30°11′13
50 cents 31.7.08
$1.20 for 1913
70 cents for 1913 $1.30 for year end g 31713. 40 cents for 1911
$1.80 per share for 39137. Interim of $2 a/c 1914
$2 for 1913 ·
(Interim of Tia, 1 mak
ing Tis, 2 s/o 1913. None
2
80 cents on fully paid" shares and 8 cents on $1 paid shares for year ending 30.4.14.
Final of 6d, making 74d.
por share for 1913, None 29 $1.50 for 1910
Nano
No dividend thin præum. 50 ots, for year end'g 31.5.12
20 per cent. per ordinary share for year ended 3151912
$1.25 087
Lend
com 70 cents for
d ma
forYear
for year) ".
6.80.13.
WRIGHT AND HORNBY, CHAIS And,
General Waters 6 Des Voeux Rand Central. Tal, address Rectitudes ETA CITO' Noush - does not belä (kooli responsible for anyti