Commercial.
Chinese Finance.
Washington papers note that the State Department has been informed that Chins would like to borrow £14,000,000 with which to pay off maturing obligations and to establish a bank," and would like American bankera to supply the money. The present Administration, however, is op posed to dollar diplomacy, and has not given the proposal-en- couragement. Mr. Bryan, despite repeated representations that without
Government backing, American interests cannot hold their own in China, in reported to have received the suggestion with discouraging apathy.
Japanese Bank for Hamburg. The Kabushiki Kaisha Okura Tumi Bank of Tokyo is, saya s financial contemporary, about to open a branch in Hamburg under the name of Okura Company, Ltd., the adoption of the English joint stock qualification being distinctly quaint. The occurrence of so many k's in the native title justifies the description of tho business an O.K.
Home Commercial and Produce Markets
July 24.
THE HONGKONG - TELEGRAPH, TUESDAY, AUGUST 18, 1914,
NOTICE
· ANNOUNCEMENT:
THE LIVERPOOL & LONDON & GLOBE
INSURANCE CO., LTD.
Assets £ 13,833,482: 12: 4d.
THE Management of the Company's Representation, interests kong has from to-day been taken over by me and the interests the Company will thus be entirely under British control. H.S. PLAYFAIR..
Hongkong, 10th August, 1914.
PUBLIC COMPANIES
HONGKONG & SHANGHAI BANKING CORPORATION.
NOTICE OF ORDINARY AND
EXTRAORDINARY, MEETINGS.
OTICE IS HEREBY GIVEN the ORDINARY that The Open market rate for HALF-YEARLY MEETING of short loans is 2 per cent, and the SHAREHOLDERS in this discount of four months' Bank Corporation will be held at the bills 21 per cent. The Silver City Hall, Hongkong, on SATUR- DAY, the 22nd day of August, market has shown farther woak 1914, at Noon, for the purpose of ness, and the price of bars fell to receiving the Report of the Court' 24 9-10d., the lowest quotation of Directors together with a since Oct. 17, 1911, closing at 24 Statement of Accounts to 30th 16.16d. per oz. The Rubber June, 1914, and for the confirma- Share market opened fairly well, tion of the election of Directors.
THE REGISTER OF SHARES but became dall in sympathy with the eagging tendency of all of the Corporation will be CLOSED from MONDAY, the other markets. The Japanese 10th August, to SATURDAY, the
Commissioner Financial
an-22nd August. 1914, (both days nounces that the Japanese inclusive) during which period. Government has decided to no transfer of. Shares can be canoel Imperial Japanese Four registered.
and a Half per cent. Sterling AND NOTICE is hereby also bonds to the amount of £500,000 given that at the same place and purchased by the Government out on the same day at Noon or so of the Sinking Fund. A fair soon afterwards as the Ordinary business is passing lo now season's Helf-Yearly Meeting shall be
concluded
Exceeding fifteen days before and seven days after every ordinary Meeting" and that the following words be adopted and substituted therefor;
namely during such time as the Court thinks fit; not exceeding in the whole thirty days in each
year."
(b) That
41
the following words be struck cut of the last line of Article 56, namely, after the Moeling and that the following words adopted and substituted therefor, namely, "äfter the re-opening, of the Register."
BANKS
INTERSATIONAL BANKING
CORPORATIONS
Head Off-65, Wall Street, New York, London Office1-15, Blahopsgate,
BRANCHES :
Bombar
Calcutta
Cantos
Cabe
Colon Euples Hoogkong Handau
C
Kobe
BANKS
Bolling
T/T D
1/1051
HONGKONG & SHANGHAI Demand......... 10:5/16
BANKING CORPORA- 30 de ................. 110%
TION,
Mardco
Paid-up Capital .... RESERVE FUNDS:
Sterling
$15,000,000
San Francisco
Yokohama
Gold $1,000,
€1,500,000 at 2am
$15,000,000
EVERY DESCRIPTION OF BANKING BUSI NRS5 traniaczak,
$32,650,000
Caplis! nad Surplus
CURRENT ACCOUNTS opened on the rival
Silver ...$17,650,000
60 dia ...1/10 7/16 4 m/s .........................1/10 1/2 D'D Shanghai...75 Privato 30 d/s sight D/D Singapore ..................7946. ............90% DDJapan T/T India. QUESTÃO CON Domard Irdia............139 T/T Bynbay.mitsu Demand Bombay T/T Calcutta ...$15.000.000 Demand Calcutta 139 HE COURT OF DIRECTORS," Demand Manila ..............91
Hon. Mr. D. Landale Chairman, T/T. San Fou & N.Y.4534 W. L. Fattender, Esq
DEPOSITS RECEIVED, daud ́for one year Reser Liability 4% per anum, de for shorter periods, ut rates, which
BILL NEGOTIATED.
may be sacertainad on application, LECTED.
MAIL and TELEGRAPHIC REMITTANCES
HERE OF CREDIT DRAFTS Rated THE LARK'S CIRCULAR, LITERS OF on all the principal cities in the World CREDIT unavailable si crve the World
COMMERCIAL LETTERS OF · CREDIT: FURCHASX und „SAKE of Bioche,sa Blares, affected.
WRAVELLERS CHECKS and caked.
GEORGE HOGG.
Manager. Queen's Road, Hongkong Hongkong, 1st Nov. 1812
THE YOKOHAMA SPECIE BANK
LIMITED.
Established 1880. Authorised Capital Yon 48,000,000 Paid-up Capital ... 30,000,000 Reserve Fund'......
#
18,900,000
Head Office.--YOKOHAMA,
Bouche Anung-Haica
Bombay Calcutta
Pokla
Artbur)....
Agencies': Nagasaki
New York
Changchun
Osaka
Dairan
bo
Fangtien
*Kyokra (Port
Harla
Блаком
San Francisco.
Hatala
Shanghai
Ko
Lia-Yas
Tokyo
Los Angeles Istogtan
(e) That Articlor" 76, t and 78 be cancelled.. (d) That the following Articles be adopted and substituted for Articles 76, 77 and 78, namely ARTICLE 76 General every year, at such time and Mootings shall be held once in place in the Colony as may be prescribed by the Company in "Goneral Meeting and if no such
++
P
・
Load.a
Lycas
Taloytau
Jales La S
Laterest Allowed on Current AccQUAL Deposite received for fixed periods sized an application.
EISHIONO, Manager. Hongkong, 6th April, 1913... [18
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA
time or place is prescribed, then at such time and place' 29
Incorporated by Royal Charter 1853. may be determined by the b Court, and unless and until
HEAD OFFICE-LONDON. "otherwise prescribed or deler- Extraordinary ined as aforesaid a Gen-Paid-up Capital
oral Meeting shall be held in the Reserve Fund..........£1,800,000 "month of February in every Reserve Liability of
China teas at stends prices. Meeting of the Shareholders in Coffee has met with fairly good this Corporation will be held competition, and sold well at when the subjoined Resolutions steady prices. In sugar a quiet will be proposed as Extraordinary tone has prevailed, and prices are Resolutions not generally maintained. Sing- apore Pepper is dull," with little business passing, and White Pepper very quiet. Rice is quiet, but prices are practically un- obanged. Manila Hemp has ruled flit, and prices show a decline. Plantation Rubber has been very quiet, First Latex Crepe being now quoted at 2s. 11d per lb., and Smoked Sheet 26, 31d. per lb. Fine Hard Pars isundbanged at 28, 10.3.4d. per Ib. Straits Tin is £143 to £143 10s. for cash, and £144 10. to. £145 for three months:
PUBLIC COMPANIES
5,8,!" TINGSANG," (Wrecked) SHIPPERS and Underwriters
interested in the cargo of this steamer are requested to communicate with the Under- signed within three months from
GILMAN & Co.
Lloyd's Agents.
NOTICES.
(1) That the Directors of the Hongkong and Shanghai, Banking Corporation be and they are hereby requested and authorised by and on be half of the shareholders, of the Company to take the steps necessary 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 tho enactmert of the same by the Governor of Hong- kong with the advice and consent of the Legislative Council thereof to effect the amendment of Section 20 of The Hongkong and Shanghai Bank Ordinance 1856, here
such after set out with modifications (if any) as they may think fit and to accept such Ordinance if and when enacted."
The following is the the amend- ment above referred to:-Tile deletion from Section 20 of the said Ordinance of the words, "To take and accept any lands, houses, or other real or personal "property in satisfaction, liquida
tion, or payment of any debt absolutely and bona fide pre- yiously due and owing to the Company, and also to take any "Mortgage or other lieh or chat-. ge on real or personal property as a security for any monies actually and bona fide pre viously due to the Company or for which any person may have rendered himself liable to the
IN THE SUPREME COURT OF"
HONGKONG
SUMMARY JURISDICTION. Action No. 1323 of 1914... Between The Siemens China Electrical Engineering Company.
Plaintiffs
Knell & Company Defendants
NOTICE IS HEREBY GIVEN
Company, and to hold such
that a Writ of Foreign lands, houses and other real Attachment against alle the and personal property respec- property movable and immovable" tively for such reasonable time of the above named Defendants" as may be necessary for selling Kaell & Company within the" and disposing of and converting Colony was issued on the 17th the same into money," and the day, of August 1914) and was“ substrátios V. thatear of the made returnable on the 21st day" following words:"To take, nocept, enforce, release, realise, of August 1914...
Dated the 17th day' of August! as deal with any security now 1914.
"held or which may hereafter be
York Building,
GEO. E HALL BRUTTON" held by the Company, for any
Solicitor for the Plaintiffs,
monies owing or to become owing to the, Company, or for any liabilities incurred or to he incurred towards or by the
Chater Road,
Hongkong.
TO PARENTS.
ST. JOSEPH'S COLLEGE,
BOARD, Lodging & Education
A
year."
Proprietors
acted.-
.
£1,200,000
£1,200,000
ARTICLE 77.- The General, Mootings mentioned in the last FOREIGN EXCHANGE and preceding Article shall be called General Banking business trans- "Ordinary Meetings.
ARTICLE 78. All other CURRENT ACCOUNTS open- General Meetings shall be ed. and FIXED DEPOSITS re- called Exiraordinary Meet-ceived for 1 year or shorter periode at rates which will be quoted on ings.
application. mje
(e) That Article 90
altered by inserting anb adopting after the wode "holding" in line fird, thereof the words "ve ropresenting by proxyor and by striking out a the end ofthessid Article the words "present in person."
(f) That the following
Wm. DICKSON.;
Hongkong, 11th April, 1912.
Proprietors
Chairman
Deputy
8. H. Dodwell, Enqu G. T, M. Edkins, Esq. 0, 8. Gubbay, Esq. P. H. Holyoak, Eng, J. A. Plummer, Esq. Hon. Mr. E. Shallim.
CHIEF MANAGER .. Hongkong-N. J. Stabb
ACTING MANAGER. Shanghai-J, D. Smart.. London Bankers - London County and Westminster Limited.
Hongkong-Interest Allowed:
On Current Account at the rate of 2 por cont per annum on the daily balance
יין
ON FIXED DEPOSITS. For 3 montha, 21 per cent, per
annum.
For 6 months. 3 per cent pe.
annum.
....139
Demand, Now York 4514
D/D. JAYA
Subsidiary Coina.
Discount per $100 Chinese...20 ots. pieces $1196 Chinese...10 Hongkong 201 Hongkong.10
EXCHANGE.
T/T, Marks..................
Nom. Demand Germany... Nom D/D. Franan.mit
On Haiphong Hồ
On Saigon
Nom..
On Bangkok 83-
Buying
14 mln. L/O
4 m/s. D/P.....1/11 3/8 6 m/s. L/0......................1/11 5/8” S0d/«S'ney &M, ~1/11 1/8 30 dfs.San Fcc&N.Y,
4 m/s. Marke**...***. 4 m/s. Francs
6 mla. go
Gold Leaf per tael. 657.40% Sovereignt
10.40 Nom!
BarSilver, ready ...2714: !...
forward...
Bank of England rate
Opium Quotations
July:17
$8,500, pexi P
8,300
Malwa, Now
Malwa, Old
$18:1/2
Patna, Now.............
9,325 por che
89794
$81/4
Patna, Old..... 9,100
Benares, New .............. 9,050 Benares, Oldt
8.895
TO-DAY'S SHARE REPORT:
BA-SALES S-SELLERS
STOCKS & Fam OF VALUE.
BANKS.
Hongkong & S'hai $125
MAKINE INSURANCES, Cantons North China
Unions
For 12 months, 4 per cent. per Yangtazes
ANDUM..
A. G. STEPHEN, Acting Chief Manager.
HONGKONG SAVINGS BANK
THE Business of the above
Bank is conducted, by the HONGKONG AND SHANGHAI BANKING CORPORATION Rules may be obtained on sp. plication....
CLOSING
TION.
B-BUYERS N-NOMINAL
$852) Nominal
$50 31714 £5T142
$100 $795"
LAST MITIDATD AND PATHI
4
£8 & 5/-b.at ex 1/11 3/16)
equal to $23.29 for 14 year ending 31/12/13
Final of $3 ajo 1912, Ia-) terim of $18 s/o 1913 Final of 10 p.o, making
20 p.e. for 1912 Final of $20 making $50 for 1912 and Interim of $80 for 1913/ Final of $12 mak: $15 forl 1912&Int, of $3 for 1913 f
£50 8194
$20 $155
$10 for 1912
$27 for 1912
- FIRE INSURANCES; China Fires Hongkong Fires
$50 $398 SHIPPING. China & Manilas $25 $8) Douglas Steamship $50 $31 Steamboate Indo-Chinas
#
$15 $2754
(Preferred) £5 $56 (Deferred)
Shell" Transports £1
Star Ferry"
REFINERIES..
80-
£11
$10 $46
China Sugars $100 $77) Luzon Sugars $100 $28
MINING
INTEREST on deposits is al- lowed on the minimum monthly, balances at $3 per cent. per an Dun
Depositors may transfer at their option balances of $100 or more to the Hongkong and. Shanghai Chinese Engineerings £137/6 Bank to be placed on FIXED
£1 26/3 DEPOSIT ⚫t 4 per cent. per Tronohs
£109 Raubs DOCKS, WHARVES, GODOWNE
$50 $85 Kowloon Wharfe
annum.
For the Hongkong and Shang- hai Banking Corporation.
A. G. STEPHEN, Acting Chief Manager,
H.K.&W'poa Docks $50 (163 Shanghai Dooks T. 100 T. 55 Hongkew Wharfs T. 100 T..91 LANDS, HOTELS & BUILDING BA Anglo FrenchLands T.100 2.94
MADEUTSCH ASIATISCHE H'kong Central E'tes $100 $103
NOTICES
Batam PROVIDENT CHINA LOAN AND MORTGAGE CO., LTD.
words be added to Article THE 94: The Court may "from time to time pay "to the Shareholders "Buch interim dividends 1 as appear to be just- "ified by the position of
the Com
(g) That t following
(Capital Paid up...$1,250,000.)
words be struck out of Loans on Mortgage of House Pro- the first three and a half perty, &c.
BANK.
Capital Fully
Paid-up.Sh. Toele 7,500,000 Head Office-Shanghai. Board of Directors Berlin.-
Branches:
Calcutta Canton Berlin Hamburg Hankow Kobe Feking
Singapore Tientsin Teinanfu Tsingtau Yokohama.
Hongkong Hotels $50 $128 Hongkong Lands $100 $116
Humphreys Estaten $10 873 Kowloon Landa Shanghai Lands T. 30 T: $2
West Points
$50 1971
Manila M'pole Hotel P.10 F. 8,
LONDON BANKERS:
Ewos Messrs. N. M. Rothschil, & Sons. The Union of London and Smith's Shanghai Cottons
Bank, Limited;
Deutsche Bank (Berlin), London Labu Kung Mow
Agency. Direction der Disconto Gesell-Kung Yik
schaft.s
Hongkong Cottons. $10 $72 Dreadner Bank.
$11 INTEREST allowed on Current China-Borneos. Account...
DEPOSITS received Light and Powers 101 24.90
MISCELLANEOUS, MAN
$12
19
$1 for 1806
$2.50 for year end'g30'6'13 Final, of $1 for half) year ending 311213 13% Interim alo year.
1913 on preferred shares
(Final of 5-making.
7/- for 1913 Coupon No. 22.
$1.70 per share 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 10.6.14.
Int. of 1/6 mak. 6/6s/c.19/3
1/2 for 1909
$3.50 for year 1913
$3 for 1913
Tle. 3 for 1912
Interim of Tis 3 for 1913
Tle. 6.292'10:
First year
$7 on old shares, $3.50)
on new shares for year 31'1213
$34 for 14 year ending 30-6.14 2012
50 cents for 1913.
$2.80 for 1913
Interim of a po. for
year ending 90′0′13 $2,00¶ for year ending! 30.6.14
15 per cent. for 1910
ending
Tls, 15 for year ending
*31*1013
Tic. 10 for year end-u
ing 80613
T:12for year end'g311212
for year 3011:13
COTTON MILES."
T50
T. 137
T123
T. 84
Tiey
Tla.
50 cents $1.7.08
$1.20 for 1913
on application. Every description China Providents: $10 The Office of
of Banking and Exchange bubi-Dairy Farms
166.60 Green Islands ⠀ $10 TRUSTEE, EXECUTOR OF
ness transacted. WILLS, ATTORNEY, &c.,
Hongkong Electrion $100 $43
$215 Undertaken and Executed:
MAX GUTSCHKE Hongkong Ices
Manager
Hongkong Ropes $10 $25 Hongkong, 9th Oct., 1911.
$81
1238
70 cents for 1913
$1.30 for year end'g 31'7′13:
$25
Pangkata
10
48
Morning Post
$25
$20
Peak Tramway
$20
*, Do._(new)
90 cts.
lines of Article 174, Goods received on Storage. namely, the words "Half- Advarices made on Merchandise:
year ending the 30th Loans made on the Provident "June and the 31st. System: T "December, shall make a (Rates and Particulars on ap-on terms which may be learned Do (Spec, shares) 31 Ma
general Half-Yearly, plication). and that the following words be adopted and substituted therefor :- Year ending the 31st day if December shall "make a General." (b) That the word" Half " be struck out of the 18th line of Article 174 and also opt of the 6th line of Article 175. GOI (1) That the word "twice"
and the words
the
30th day of June and 4 bo struck out of lines?! and 5 of Article 176 and that the words once 158 adopted and subalitated "for the word "twice" in the fourth line thoreof. (j). That the words or the Ordinary Half-Yearly" and the words "as the -case may be" be struck out of lines 10 and 11 of Article 177- Should the Second Resolution
"Company by way of mortgage, be passed by the requled ma pledge, hypothecation deposit ority, it will be submitted fork
H
or otherwise howsoever of every confirmation as a spedal Reso
kind of property or rights. tion to a Second Excoordinar a
MOUSSTOMACKDI (MORA (2) That the Deed of Bettlement Meeting which Will be stib-|
of the Company be altered in sequently convened t manner following By Order of the Court of (a) That the following words Directors.
at most moderate terms. Portuguese, Chinese, French, etc. Complete commercial course.in English Opens 1st Septembera Apply RECTOR
A. G. STEPHEN Acting Chief Manager
be struck out of lines, i wo and three of Articles 56, namely, the words "for not loggkong 21st July, sors
SHEWAN, TOMES & Co. General Managers; Hongkong, 19th March, 1908.
PEAK TRAMWAY 00
LIMITED..
TIMETABLE
*3-00 1,0❘ 60
WEEK DAYS
· 8.30 am, 'Evast, 19 M1,
་ ་
NIGHT CARS: T
is Maz
Lys mati and SAML ea NE, 10.
-22.00 1.36. 40, KXAS JIMĄ, 'army quarter of an hour..
14:00 Sack
SUNDAYS
THE MERCANTILE BANK OF INDIA, LIMITED." Authorised Capital Bübscribed:
Paid Up Reserve Fund-a-car
BAD BANKERS:
£1,500,000
1,125,000 Hongkong Electric Trams
562,500
465,000 Philippines
Bank of England. London Joint Stock Bank,
Every description of Exchange business transacted,
Interest allowed on Current Ac- Bounts at 2 per cent per annum on Daily Balance and on Fired Deposits at TECO which may be ascariained on application.
H. Price & Co., L. $10
Fre
502820-11
Soalete des férred
Parbest Papetarios
Vau Tonkin up! 350 FREE!
unge Benefit Shanghai-Sumatras T. 201-150⠀⠀ Steam Laundry 857:35. United: Amberton) m
Oriental Agency, - #10- Ld, manquinoshit United
Asbestos, Founders Sharba)
8914b.
$10 $300
Union Waterboat 110 0184
40 cents for 1911
$1.80 per share for 1913 Interim of $25 a/c 1914. $2 for 1919
Interim of Tia. 1. ma Ling Tha. 2 a/c 1913 None
80 cents on fully paid) Pokhares and 8 bəntar on ti
$1pid Haresforyðarful ending 30.4.14% Final of 60. making 71d.)
per share for 1913. None
$1:50 for 1910
No dividend this year 35cts for year end's $165.1
ording saronded.