Commercial.
PUBLIC COMPANIES
HONGKONG & SHANGHAI BANKING CORPORATION.
4
NOTICE OF ORDINARY AND
►
EXTRAORDINARY
MEETINGS.
TAFAL HONGKONG-
ARTICLE 76.- General Meetings shall be held once In every year, at such time and place in the Colony as may be prescribed by the Company in
*** General Meeting and if no such time or place is prescribed, then at such time and place as may be determined by the b Court, and unless and until otherwise prescribed or deter minod as foresaid"s Gon- oral Meeting shall be held in the month of February in every year."
41
OTICE 18 HEREBY GIVEN ¦•
that 1the ORDINARY " HALF-YEARLY MEETING of the SHAREHOLDERS" in this Corporation will be bold at the City Hall, Hongkong, on SATUR-" DAY, the 22nd day of August, 1914, at Noon, for the purpose of receiving the Report of the Court of Directors together with Statement of Accounts to 30th June, 1914, and for the confirma- tion of the election of Directora.
a
THE REGISTER OF SHARES of the Corporation will be CLOSED from MONDAY, the 10th August, to SATURDAY, the 22nd August, 1914, (both days inclusive) during which period no transfer of Shares can be registered.
AND NOTICE is hereby also given that at the same place and on the same day at Noon or so soon afterwards as The Ordinary Half Yearly Meeting aball, be concluded an
Extraordinary
Optimistic Forecast of Philippines' Trade, Various interviews and editor ials that have recently appeared In the Manila press on the subject of the condition of basinest in the Philippine Islands, have aroused considerable interest in the local business community and opened a broad field for comment, Boys Mr. H. M. Pitt, president of the Manila Merabants Associa tion: The situation is one that might well be called anomalous. In the face of gains in imports and exports and the fact that crops are good and give fair promise for the immediate fature, jobbers and distributors in Manila will tell you that business is far from eatisfactory and does not compare with preceding or for mer periods. Exporters would be affected little, if at all, by doprench as oxists, or seems to exist in the islands to-day, but It is a peculiar fact that importers and distributore, are affected even though the importe for the first six months of 1914 showed an increase of P,5,400,000, over the corresponding period of 1913. An the exports for the same period are nearly P.7,000,000 greater, the question that very naturally voices itself is why ehould money be scarce and business unsatisfactory with anob a large and importani element of the commercial population? The only reason that can be signed for the in- Brease in importa is that during the second half of the calendar year 1913, merchants curtailed purchases and reduced stocke to the minimum. With the opening of the new calendar year com- paratively large'mportations were necessary in order to restore the depleted aircks and meet the actual necessities of trade. Thus the increased imports for the viz monthsending June, 3914, doubt, less represent in part importa that abould have been sprend over the latter half of the colon- dar year 1913 bad conditions been normal. It is probably a fact that the returns on exports from the Philippines are much Be widely distributei mung
The following is the theamend- the people than they would be ment above referred to:- The in a more highly developed com deletion from Bection 20 of the manity. Throughout the prov-paid Ordinance of the words,
Meeting of the Shareholders, in this Corporation will be held when the subjoined Resolutions will be proposed as Extraordinary
Resolutions
(1) That the Directors of the Hongkong and Shanghai Banking Corporation be and they are her by requested and au horised by and on be- half of the shareholders of the Company to take the steps neces-ry to apply for! the introduction of an Or dinance into the Legislative Council of the Colony of: Hongkong supplemental to The Hongkong and Shanghai Bank Ordinance 1866, and the enactment of the same by the Governor of Hong- Jong with the advice and consent of the Legislative Council thereof to effect the amendment of Section 20 if The Hongo gand Shanghai | Bank Ordin-nce 1866, here- after eat out with such modifications (if any) as they may think fit and to accept Buch Ordinance if and when
"
ARTICLE 77.-"The General Meetings mentioned in the Inst preceding Artio e shall be called Ordinary Meetings.
ARTICLE
LEQRAPA FRIDAY, AUGUST 7, 19
BANKS
INTER ATIONAL BANKING CORPORATION.
Head Office, Wall Street, New York, London Omer-gő, Hadopagam, Z.C
BRANCHES :—
Babay Calcutta Сидо Cobu
Colog
BANKS
FT
.1/8.1/16
HONGKONG & SHANGHAI Deznano *****
BANKING CORPORA= 30 dƒ@_mid/146
VGA DVATION.
Robe
Marios
Pcking
Faid-up Capital ........... RESERVE FUNDS:
Storing
Sin Franciaco
Робобин
£1,500,000 at 21.
$15,000,000 Silver ...$17,650,000
Reserve Liability Proprietors....
Hongkong Captial and Serplex. Cald 7,0,000
... aqual................2,480 EVERY DESCRIPTION OF BANKING BUSI "NESS thecasetad,
CURRENT ACCOUNTS opened so the arts Me DEPOSITS RECEIVED, red toe sue par at
beained on applicatios.
60 die .....................1/9 3/16 4/1/0 1/4 #15,000,000 | T/T Shanghai 75-*
Private 30 dje sight 8.757% T/T Singapore 75°24 T/T Japan
1.85
**ས། ;
T/T India........ ....13134 Demand India T/T Bynbay...1314. $32,850,000 Dornand Bombay. ...'
T/T Calcatta,
$15,000,000 || Demand Calcutta
4% person, or for aborte periode, at rates, which
HILLS NEGOTIATED and COLLECTED MAIL and TELEGRAPHIC REMITTANCEW... Fattenden, Esq, Deputy
78.-"All other-degr General Meetings shall be called Extraordinary Meet ings,
(e) That Article 90 be altered by inserting and adopting after the word "holding" in line five thereof the words "or representing by proxy" and by striking out at the ond oft navid Article the words present in person."
LETTERS OF CREDIT and DRAFTS granted CIRCULAR LETTERS OF en wit the winal cities Wor CREDIS available all over the World
COMMERCIAL LETTERS OF CREDIT PURCHASE and SALE of Stocks as Sharm Nectad TRAVELLERS CHECKS sold and crabed.
| krved.
GYBANK HOGO,
Manager.
Queen's Road, Hongkong Hongkong, lat Nov. 1912 --
YOKOHAM
THE
LIMITED.
(1) That the following OKOHAMA SPECIE BANK
words beaded to Article 94: The Court may from time to time pay "to the Shareholders "such interim divi onda as appear to be just "ified by the p"sition of "the Com
(8) That t
following words" be struck out of the first three and a half lines of Article 174, namely the words "Half- year ending the 30th Juna and the 31st. "December, shall make a general Half-Yearly." and that the following words be adopted and sub tituted therefor
+
Year ending the 31st "dayf December shall "make a General".
(h) That the word "Half" be struck out of the 18th line of Article 174 and also out of the 6th line of Article 175.
Established 1880, Authorised Capital Yen 48,000,000 Paid-up Capital ...
30,000,000 Reserve Fund..... si 18,900,000 Head Office-YOKOHAMA,
Branches Astung stain
Colassa Changchun
Vengties Hobin
Thaku
Kobe Lalou-Yang
Lood a
Lyʊas” Tainste
Agencies al
Newchuang New York Quba
Bywan (Port Arthury
Best Frances
*Tiebling
Tokyo
··Lab Angulas
Tungan
Interest Allowed as Current Account. Depos.ta received for Gued perloća at ratsy to Us alsed on application
Chairman.
.1914
Demand Manila......85%.
EXCHANGE
COURT OF DIRECTORS. Hon. Mr. D. Landale-Chairman. T/T. San Fc & N.Y.42) Demand, Now York, 4:34
106 {T/T. Jaya, A.,..............
Subsidiary Coine. Discount per $1,00: Chinese...30 ct.pieces 3 9 3/4
8. H. Dodwell, Esq. G. T. M. Edkins, Esq, -
O. 8. Gubbay, Esq.
P. H. Holyoak, Eag
C. Landgraf, Esq.
F. Lieb, Esq
J. A. Plummer, Esq. Hon. Mr. E. Sheilim,
~ · H. A. Biebs, Esq.
Ad. Widmann, Esq. ".
OHIEF MANAGER: Hongkong-N. J. Brabh
ACTING MANAGER. Shanghal-J. D. Smart. London Bankere-London County and Westminster Limited.
Hongkong-Interest Allowed:
On Current Account at the rate of 2 per cent per aadum on the daily balance
1 ON FIXED DEPOSITS For 3 months. 21 per cent per
and angizmo
For 6 months. 3 per cent pe
sanum.
For 12 months,
per cent per
AG. STEPHEN, Acting Chief Maunger.
EISHIONO, Manager, HONGKONG SAVINGS BANK Hongkong, 6th April, 1913. · [18
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
Incorporated by Roys! Charter 1853,
HEAD OFFICE.--LONDON. Paid-up Capital
THE
HE Business of the above Bank is conducted by the HONGKONG AND SHANGHAI
Chinese...10
Hongkong.20 Hongkong.10
$11-
1..5
3:5
180
ET/T. Marka óvini: 180
Demand Germany: T/T. Frana--- 9.21. On Eaphone 077 Ph On Saigon... On Bangkok »***
Buying.
4 m/h. L/O: 41/10.
4 m/s. D'P......1/10 1/8"
..1/10 3/8 6 m/s. L/C
| 30d/e8'ney &M. 1/10 3ft
30d/s.San F'cc&NY, 48°9/4
4 m/s. Marks.
4 m/s. France or....”
6 min. ao
Gold Leaf per tael .............. 63.46 Sovereign
BarSilver, rendy
"forward
Bank of England rate.
.11.05
Oplum Quotationes
July 17
$8,900 par
Malwa, Old... 8,300.
Nominal No Chots
atna, Newan. 9,325 per che
Malwa, Now
Patna, Old.....
Beuares, Old......... 8,825
0,100
Renaros, Now..... 9,050
TO-DAY'S SHARE REPORT.
^^S—SELLERS !
Frocks & Fam ́or VALOD....
BANKS
Hongkong & S'hal'₤125
MARINE INSURANCE), Cantons North China
Unions
...
Yangtzen
SA-SALES
CLORENS
0852) ***.
850 81714 b.
25 T142 b.
$100 $755
b.
£50
FIRK INSURANCES.
$194
$20 $155
$50-$998
$25 $81
China Fires Hongkong Fires
SHIPPING. China & Maniļas Douglas Steamship $50 31 Steamboats Indo-Chinas
$15
(Preferred) £5 #56 (Deferred)
"Shell" Transports £1
|||£11
410 $46
b.
REFINERIES.
$100 277) $100 $28
BANKING CORPORATION "Star Ferry
Rules may be obtained on" ap plication:
1
. INTEREST on deposits in al-China Sugars lowed on the minimum monthly Luzon Sugara balances at $3 per cent, per an
NOTING
........£1,200,000/num
MINING.
Reserve Fund....£1,800,000 Depositors may transfer at their Chinese Engineerings £137/6
option balances of $100 or more Reserve Liability of
DOCKS, WHARVES, & GODOWNS
B-DQYER+ K-NOVIVAL
(i) That the word "twice" and the words ** the 30th day of June and 4 be struck out of lines and 5 f Art cle 176 and that the word "once be ad ped and substituted for the word "twice in
£1 26,3 the fourth line thereof.
£1: 83 Proprietors £1,200,000 to the Hongkong and Shanghai Tronoha 6)hat the words "or the
Bank to be placed on FIXED Raube Ordinary Half-Yearly"
FOREIGN EXCHANGE and DEPOSIT t 4 per cent. per Kowloon Wharfs #50% #85% 5. and the words "as the
9," case may be " be struck General Banking business trans annum.
For the Hongkong and Shang- ELE&W'pos Docks #50 $63 out of lines 10 and 11 of scted.de kunstige temAY inces the bulk of the money re-
CURRENT ACCOUNTS open-hai Banking Corporation,
Shanghai Dooks T. 100 T. 55 b. Article 177,
Hongkew Wharfa T. 100 T. 91 b. ceived from the export crop
Should the Second Resolutioned and FIXED DEPOSITS re
LANDS, HOTELS & BUILDINGA gravitates into the bands of a
tion, or payment of any debt be passed by the required maceived for 1 year or shorter periods eumparatively few people. The
absolutely and bona fide pre-jority, it will be submitted for at rates which will be quoted on amount paid to the working men viously due, and owing to the confirmation as a special Resolu- application.
Wm, DICKSON, who actually produce the-com-Company, and a so to take any tion to a Second Extraordinary modities in relatively small, and Mortgage or other lien or char- Meeting which will be sub
Hongkong, 11th April, 1912. ge on real rp rsonal property sequently convened.
is not subject to sby great change | from one period to another, even though conditions may change greatly. The question is what are these people, doing with the money? Are they spending it, si duing it to develop industry still farther, or are they withholding
it frem circulation ?. Proof is not Jecking that a number of the wealthier residents of the islands
21
To take and accept any lands. houses, other real or personal
property in satisfaction, liquida-
A. G. STEPHEN, Acting Chief Manage
as a security for any monies By Order of the Court o aotu lly and bona fide pre-Directore. viquely due to the Company or for which any person may have "rendered himself liable to the Hongkong 21st July, 1913. "Company, and to hold such "lands, houses and other real
and personal property respec-
tively for such wasonable time as may be nece eary for selling
PUBLIC COMPANIES
and disposing of and converting S.S. TINGSANG" (Wrecked)
have for some monthe past heen" the same into money," and the sending money to Farupe, prin-substitution
therefox of the SHIPPERS and Underwriters
cipally Paris, for investment. T following words" To take,
Interested in the cargo of
is also a fact that the Axedao ept, enforce, release, realise, this steamer are requested to or deal with any security, now communicate with the Under-
deposits of Manila banks have increased more that P.1,000,000
4
during the past 12 months, which olen ly indicates the attitude of a of the considerable element wealth-owning clase in the islands. That the state of mind" prompting sa b notion has been brought about by apprehension duo 10 feer of radical political" changes there can le 10 'doubt. There is no better index to general conditions: shan the wal estate market For the first five months. of 1012 transfers in Manito amounted to P2.248,50. For the first five months in 1913 they dropped to P 1,741,000. For the reme period in 1914 they amount- ed to bot P1.124,100, ̋ezėlusive of wo zominal transfera, am unt- ing to P360,000, wheh did not involve any actual exebango of money. Thus it is evident that. the slump, began after the ele ion of a Democratic Congress and President and become more pronounced after the Administra cation had effert d various changen
in the Government and poreonnel | Lere. The events of the puat few week should tend to restore con- fidence, invite the interiment of capital and incite promotion of industry in its vorisan branches: With continned good crops and s loveening up of credits, the fiscal year 1914-15 should prove one of the mest if not the most succBER- fal that the Philo yinen huyn experiencest -ablenews.
Manager.
15 7:
AG STEPHEN, Acting Chief Manager,
12 DEUTSCH ASIATIBOHE
NOTICES
[THE CHINA
PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1,250,000.)
held or which may hereafter be signed within three months from Loans on Mortgage of House Fro held by the Company, for #ay
to become monies owing or owing to the Company, or for any lia ilities incurred or to bé incurrd towards or by the
date.
GILMAN & Co.
Lloyd's Agents
Company by way of mortgage. THE HONGKONG, CANTON & pledge, hypothecation, deposit MACAO STEAMBOAT Co., Ltd. or otherwise howsoever of every NOTICE TO SHAREHOLDERS kind of property or rights."!
floods received on Storage, ! Advances made on Merchandise: Loans made on the Provident
System Car A
The Office of
Capital Fully
BANK
Paid-up...Sh. Teels 7,500,000 Head Office-Shanghai Board of Directora-Berlin. Branobes Berlin Calcutta Canton Hamburg Hankow Kobe Peking Bingapore Tientsin Tsinanfu Taingtan Yokohama.
LONDON BANKERS:" Mesars, N. M. Rothschil & Bons. The Union of London and Smith's Bank, Limited. Deut he Bank (Berlin), London
Mail Agenov., 7: Direction der Disconto Gesell- schaft
Dresdner Bank, INTEREST allowed on Current Account.DEPOSITS received
(Rates and Particulars on ap-color may be leashed
plication).
on application. Every description of Banking and Exchange buel ness transacted.
MAX GUTSCHKE Manager [3 Hongkong, 9th Oct: 1911. N
N INTERIM DIVIDEND OF TRUSTEE, EXECUTOR A
WILLS, ATTORNEY,
Undertaken and Executed.
th
OF
SHEWAN, TOMES & Co. General KanaZOTE.
(2) That the Deed of Settlement FIFTY CENTS per share
of the Comp n be altered in for the Biz Months ending manner following:-
June. 1914 will be PAYABLE on (a) That the follwing words FRIDAY 14th AUGUST. 1914, ba struck out of lines two of which date Dividend Warrants and three of Articles 56 may be chtained on application at Hongkong, 18th Marsh, 1908
mely, the words "for not the Company's Office, ex eeding fifteen days. The TRANSFER BOORS of before und seven days after the Company will be CLOSED every ordinary Meeting" from Tuesday 4th August to Fri and that the following day 14th August (both days in words ho adopted and elusive), during which period no substituted therofor: Trasfer of Shares can be, Regis- namaly: during ruch |tered..
timo as the Court thinka By order of the Board of Direc- fir, mot excee ing in the tors
whole thirty days in each
year."
JOHN ARNOLD,
Anglo Frenob Landa T-100 T.94 H'kong Central E'tes $100 $103 88. Hongkong Hotels $50 $128" b. Hongkong Lands $100 $116 b. Humphreys Estates $10 874 b.
$30 $44 Kowloon Lands Shanghai Lands T. 30 T. 92 h.
West Point
$50 1971 b.
Manila M'pola Hotel P.10 P. 8.
Ewos. Shanghai Cottons Laoa Kung Mow Kung Yik Hongkong Cottons $10 $73% b. b
- COTTON MILLS.
T. 50 T. 137
T. 129
T. 84
T. 1244 )
MISCELLANEOUS
China-Borneo
812611 Light and Powers $101 $4.90 &
Do. (8pes, shares) $1) China Providente: $10:48) Dairy Farms $6133 Green Islands $106.60 5. Hongkong Electrics $10 $41 Hongkong loes $5215 on. Hongkong Ropes
810 $25 Cangkats
&10 T. 48
Morning Post
THE MERCANTILE BANK OF Peak Tr
M INDIA, LIMITED, M.;
PEAK TEAMWAY 00 Authorised Capital
LIMITED..
TIME TABLE.
TEFE DAYS
8.00 4.34, to 5.00 A.M. EPERY 11 Hin, EL.00 AM, 59' 31.00, à.14.
Acting Secretary.
SAN, KAJ PONG, ka
(b) That the following Hongkong, 28th July, 1916.
words be sträck”ut of
the last line of Article
56, nor ely,*** áfcor the p
7. Meitinged that the
following words be
adop ed ad anbarlu'ed
NOTICE
therefor, namely. "after STOCKBROKENT · ASSOCIA.
-the re-opening of the TION OF HONG KONG,
B gister":
(c) Thát. Brit
113 P
1.15 PEL 500 SARAH MIGHT CARS
H
INLOC DE
30 MXM
· 190 mai, and 9 Pal, 9:30 pikk, to
1100 101 Wency kali bones
(2009) 21,00 1.16% 13 14 P
́every quarter of an hours
7.49 A 10 10-30 206, Erzny 35 Men,
10.10 to ORAN
11.30 4.3. '90"; x=40-bfoam
**
100 KL. 10500 1305,
The above Assocation will be MIGHT CARN,aran Walk Degu
and 78 be Farelled, closed unt I further notice from (d) That the following Saturday, 1st August, 1914.
Art cles be adopted and
subst tuted for Articles
76, 77 and 78, namely
plug By Order sta
EMRAYMOND,
Secretary.
SATURDAYS”
Subscribed Paid Up Reserve Fund t
Do.
$25 81010
$190 ots. 8. 1125, Hongkong Electric Tram-11/6
562.500 465,000
£1,500,000
BANKERS: Bank of England. London Joint Book Baus, www Limited.
Every description of Exchange
business fransacted, unde
Interest allowed on Current Ac- counts at 2 per cent per annum on Daily Balance and on Fixed Deposite at rates which may be ascertained on application.
$10 $5 Philippines. H: Price & Co., Ld. $10 86 KADAR ] Pro-
Boalete des ferred
Pulpeset
Papeterien
$50 $20 paid dn Tonkin up $50
Benefit $200 Shanghai-Sumatras T. 20.150 Steam Laundry: 45 45 United ⠀ Asbestos】
$94b. Oriental Agency, $10 - Ld. ......................................... United Asbestos) $10 $800
Founders Shares) Union Waterboat $10 $18 b.
$10 #10
ARLINTON
Manager, hafalan gajana Weismann, Ltd. THE ALEXANDRA CAFE WAR Cann it be Beaten, if Equalled. William Powell, Ltd. 18% For Dread, wkes, Cofa tione and ments with Wines & Liquors
LANT DIVIDEND AND PATE,
£2 & 5/- b. at ex 1/11 3/16)
equal to $23.29 for year ending 31/12/13°
Final of $3 a/o 1919, In-1 terim of 818 / 1913 Final of 1p.c, making
2p.a. for 1912
Final of $20 making $50 ..for 1018 and Interim
of $30 for 1919
Final of $2mak, 815 forl 19 2&Int.of$3 for1913)
$10 for 1919:
#27 for 1912
$1 for 1906
$2.50 for year end'g 30°6′19 Final of $1 for half) year ending 311218 13% Interim a/c year -1913 on preferred
shares
Final of 5- making 7 for 1913 Coupen No. 22,
are and bonus
$1.70 per share
of 50 cents per share for
year ending 30413
$3 for 1912.
$3 for 1897 ...
Interim of 5% Coupon No.
3 a count of year end. ing. 10.6. 4.
In of 1/6 mak.6/6a/c.19:8
1/3 for 1909
$3.50 for year 1913
$3 for 1913
Tle. 3 for 1912
Interim of Tis 3 for 1915
·Tln, & 29′2′′10:
First year
-$7 on old shares, #3.50)
on new shares for year $1'12'13 -
$914 for 14 year ending 30.6.14
50 cents for 1913 $2.80 for 1913
Interim of 5 po. for
year ending 30:613 $2,001 for 14 year ending) 30614
15 per cent, for 1910
Tis. 15 for year ending
31*10*38
Tis, 10 for year end-
ing 30'6'13
T.12foryoarend'g31'1912
Tls. 11 for year er ling'
30*11*18
50 cents 31.7.08. $1.20 for 1913
70 cents for 1913
$1.30 for year ond'g 517′13 40 cents for 1911 $1.80 per share for 19:3 Inter m of $21 a/c 1914 $2 for 1918
(Interim of Tis. 1 mak- Jing Tia, 2 ajo 1913 None
80 cents on fully pald shares and 8 cents on $1 paidshares for year anding 30.4.1A CARNE Firal of 6d, making 7id. 1 per share for 1v13," Noue $1.50 for 1910
Моде
No dividend this year 35cts. for year end'g 31.5.14 :-
(20 per cent, per ordinary share for year ended 51′5′1912
$1.25 per share för year)
ending 51721913:
15 per cent. for year
ending 21711
10 cents for 1913
50 ata, yenrending #,30,13 WDITING AND HORNBY
Conveni broker 6 Duc Vanus Sons Funeral Tol, address Ractíóík