Commercial.
Production of Gold la" Japan.
The temporary suspension of exports of copper, remarks the Mainichi, involves a question even more important than that of the closing of the Copper mines and -refineries pending a recovery io demand, fer.t meana a stoppage of Japan's gold prodaotion aAB well. Most of Japan'a gold is contained in the copper ore, the Hidachi copper mine, owned by Mr. Kubara, yielding the largest the Ashio and Kosaka 'percentage, copper mines coming next. The Sado gold mine produces much less gold than the Hidachi copper mine. The question Brises, therefore, whether, with such a demand for gold as always existe in Japan, the country esu afford | to have the copper mines closed because copper does not happen to be paying. The war which has reduced the demand for has increased that for copper gold. Copper mine owners, however, cannot keep on working
THE HONGKONG TELEGRAPH. MONDAY, NOVEMBER 23, 1914.
NOTICES
In Assets, Income, Net Surplus, Business In Force, New Business the
SUN LIFE OF CANADA
is the leading Life Company of the Dominion. Outside of Companies issuing industrial policies, the Sun Lite of Canada is doing the largest life business in the
British Empire..
Funds Exceed £11,000,000,
CHIEF OFFICE FOR SOUTH CHINA, DES VEUX ROAD, (POWELL'S BLDG.).
VARNISHES,
BEST KNOWN IN THE WORLD.
PAINTS,
COLOURS, ENAMELS, etc.
MANUFACTURED BY
BANKS
INTERNATIONAL BANKING CORPORATION.
HEAD OFFICE:
60, Wall Street, New York, LONDON OFFICE:
38, Bishopsgate, E.Q.
BRANCHES
London.
Bombay.
Calcutta.
Manila.
Canton.
Panama.
Cebu.
Peking.
San Francisco.
Shanghai.
Singapore.
Colon. Hankow. Hongkong. Kobe. CAPITAL PAID-UP $3,250 000 RESERVE FUNDS...... 4,060,000
Yokohama.
(U.S. Gold) $7.31C,000 All kinds of FOREIGN & LOUAL BANKING BUSINESS transacted..
CURRENT ACCOUNTS open- ed and FIXED DEPOSITS received at rates to be ascertain- ed on application.
N. S. MARSHALL,"
Manager.
at a loan without being rained. WILKINSON, HEYWOOD & CLARK, LTD.Hongkong, 22nd Oct. 1914
Hence the theory tl at the Gov. ernment should come to the resoue. The Government, how- aver, does not appear to look at the matter in the same light. If the copper and gold together cannot pay the cost of production, they evidently cannot do so apart, en the Government would be only throwing good money after bad if it kept the mines at work with a subsidy for the sake of the gold.
The Japan Ice Company. The net profit of the Japau Ice Co., of Tokyo, for the last half year, amounted to Y327,676, including a surplus of Y37,756. after deducting Y51,000 for depreciation of machinery and buildings. This sum it is recom. mended to divide as follows: Legal Herervez General Reserve it. 99 100 Bonuses to Oficiale..... Dividend of 20 per cent. on third and first class shares Dividend of 15 per cent. second class
.00 shares Carried forward
(ESTABLISHED. 1796)-
LONDON & LIVERPOOL.
STOCKS KEPT IN HONGKONG
of all kinds of Varnishes, Paints, etc. for all purposes.
HONGKONG BRANCH, Alexandra Building,
taken by this country in the rub- bor industry of late years, and the merkets for its companies' sharee.
THE
ZOKOHAMA SPECIE BANK LIMITED.
Established 1880.
Authorised Capital Yen 48,000,000 Paid-up Capital
Reserve Fund......
Head
NOTICES
NOTICE.
Bertems, which are wanted cheap,
Local requirements include] Kedabs, Utan Simpans, Kam- Mandai T-kongs, Alor Gajibe, asapa, Malakoffs, Matuka Pinda, W. & A. GILBEY'S WINES
& SPIRITS,
30,000,000 .19,250,000
Office.-YOKOHAMA,
Branches Astong-Hiled Bombay Calcuci Changchun Dairen
Hankow Honolulu
Kobe
-Yank
Landan,
Lyons
Tilegiau
Agencies ai Nagmaaki
Newchwang New York Osaka. Pakin Ryolun (Part
AzEbH
Sea Francicco
Shanghai
Thling
Los
Angeles Tringiau
Interest Allowed on Current Account. Deposits recalved for fine periods at rates to ba Italmed on application.
BANKS
Belning HONGKONG & SHANGFAI T/TAR
1/8 1/2 BANKING CORPORA | 30 de 1856
Demand....1/8 9/16 TION.
60 d/s
Paid-up Capital ..........................
5,000,000
RESERVE FUNDS:
Storling
£1,500,000 at 2/~
* $15,000,000 Silver $18,000,000.
:$33,000,000 $15,000,000
Reserve Liability of
Proprietors.
COURT OF DIRECTORS. Hon. Mr. D. Landale, Chairman, W. L. Fattenden, Esq.- Deputy
Chairman.”
S. H. Dodwell, Esq. G. T. M. Elkins, Esq. 0.8. Gubbay, Esq. P.H. Holyoak, Esq. J. A. Plummer, Esq. Hon. Mr. E. Shellim, CHIEF MANAGER: Hongkong-N. J. Stabb
MANAGER Shanghai-A. G. Stephou. London Bankers-London County and Westminster Limited.
Hongkong Interest Allowed:
On Current Account at the rate of 2 per cent per annum on the ("daily balance. A
1/8 11/16
TT Shanghai....7734 Private 30 da sight
1291
EXCHANGE.
T/T, Marka ........................... Tom Demand Germany..... Mum
T/T, Francs *****..."
Demand Paris....
21316 3.14
On Haiphong ... Nom. On Saigon
On Bangkok ****,..89.
4 mln. LIO
Buying.
4 m/s. D/P 1944.
6 m/s. L/0........1,912 30d/s8'ney&M, 199 30 da.San F'cc&N,Y.431 4 m/s. Marks REALTY 4 m/s. France**** 2.241. 6 m. do 2.231 Gold Leaf portael...358.60 Sovereign .............. 11.40 BarSilver, ready...22 11/16.
forward
T/T Singapore 739 TT Japan 844 T/T'India
**** 12911⁄2 Demand India T/T Bombay, Demand Bombay .....129) T/T Calcutta Demand Manila 844 Demand Calcutta)...1295 T/T. San Foo & NX42 Demand, New York 42 1/8 T/T. Java
103 3/4 SUBSIDIARY COINS. Chinese...20 ots.pieces 322.5/8 Ühinese...10
$23 1/4
Nem,
Discount per 3100: * Hongkong.20ots. pieces $1674 Hongkong 10817 1/8
TO-DAY'S SHARE REPORT.
-SELLERS
Stocks Pam UP VALON, HANKS.
MARINE INSURANCES, Cantons
North China
"H-BUYER?
SA-SACRY
Closing
'TION.
Hongkong & S'hai $125 -
8710 88,
$50 300
£5 T142
$1008725
Д
£50
820 ($145 $50 978
895 $7
'ON FIXED DEPOSITS. For 3 months, 21 per cent per Unions
annum.
For 6 months. 31 per cent, par
: annum.
For 12 months, 4 per cent per
annum,
N.J. STABB...
Chief Manager.
HONGKONG SAVINGS BÀNK
HE Business of the above THE
Bank is-conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION Rules may be obtained on sp plication,
Yangtazes
3"
SHIPPING.
FIRE INSURANCESI China Fires. Hongkong Fires China & Manilas Douglas Steamship $50 $26. Steamboats Indo-Chinas
N-NOMINAL
LAST DIVIDED AND FATRI
£2: 3/- at ex 17 098
equal to $22.80
year ending 30,64
Final of $3 a/c 1912. In-1 terim of $18 a/c 1913 f Final of 10 pc, making
20 p.a. for 1912........ Final of $20 making $50 for 1912 and Interim of $30 for 1919 Final of $12mak: $15'fort 1912 & Int, of$3 for 19131
810 for 1912
$27 for 1912
$1 for 1908
$3 for year ending 30'6'14 Interim of 50 ote. for 341
year ending 30'6'14) (3% Interim alo year
1913
un preferred shares
Final of 5/- making 7/- for 1913-Coupen No. 22.
$1.70 per share and bonus of 80 cents per share for
$15 825
(Preferred) (Deferred)
£5 $58
Shell" Transporta £1
£11
Star Forry"
$10 840
155,500
Only good news regarding Oils has reached us from London ra- cently, in which shares the market have been appointed ACENTS appeare anything but weak,
A.S. WATSON & Co. Limited
EISHI ONO, Manager. Hongkong, 17th October, 1914.
atm
INTEREST on déposite is al balances at $3 per cent. per an-China Sugars lowed on the minimum monthly
Luzon Bugara
RETINERIES:-
$100 875
n.
#9 for:1912
$100 $20
B.
NOTICES.
Depositors may transfer.at their option balances of $100 or more
MINING.
57,758
50,658
eto. ¥14,407 28,073 20,204
Industrials, including Straits Tindere, aro extremely quiet at the moment!
There are enquiries for several for Messrs. W. & A. Gilbey's tin abares and there are shares on offer, but it hae, so far, not been Wines & Spirits. easy to bring buyer and seller together
HOTEL LISTS:
Matting. The matting trade generally gets active in October, when 10 season opens, but owing to the war there are no signs of activity this year. The total matting shipments from Kobe last month amounted to Y148,480, being Allon HG Y87,995 for matting in lengths Alport 0 51
Hongkong Hotel.
Abraham, ES
James B
Jones M T Joseph R M
and Y60,494 for ruge or singles. Anderson Mr & Mrs Joseph E M
Atbol E
This was an increase cf Y2,240 Anderson A on the figures for the precoding Bats E, R month, but a decroase of Y173,052
Backhouse J.H Belilios, Mra ER
on the figures for October latt Bell ODJ year. The largest shipments went
Bona, G A
to America and England, the ow
Beswick Mr&Mrs former taking Y116,223 and the Bishop
A
latter Y17,264. Hawaii bought Black WM. to the extent of Y3,729, Australia Brian-Bates H
Kennard FA Lumbert EB Langston A Larmons Edw Lloyd GT Mancial O
Mann Mrs R R Marriott, Dr O Matheson, Mrs R
139-shad
Matheson, Miss M
Metcalfe F Marook, J
Y3,850, India Y2,187, Hongk ng bridger Mr & Mrs Moston G8
Y1,493, and French India Y1,025. Bredhoff CH According to the Asahi, the stock:
Mody JH N Morrison W Morrison W J
FP
Brlater JH Bmoko CB of matting remaining on the Cambridge AJ
Cecilo Kobe market at the end of lastele Madame mouth was 20,000 long fo'l, Chernassof Baron Pardino Capt L
JB
40,000 rugs, and about 150,000 clayton, W singlee, known as tanshaku.
& Baroness WE Celsman DrALEF Course Arthur Dowley WA
TT
Openings in Russia. In a report to the Japanese Douglas DSS
Government, Mr. Matsuwo, an Duckworth attache in the Department of Duffy Mim ME
Pontreath Mr & Mrs
GM enton A M Purvis A Survis A Bay, EH Reay,
‚ Miss F
Ritner H B
Agriculture and Commerce,, now Ehrenfels Mr&Mrs Rowe Mias
In Siberia, mentions the following Evensen E goods as likely to find a sale at Fonster L
Faller Donmaa present in Asiatic Russia: Insect Gibb J powder, paper napkins, tocth- Gould J pioks, willow baskets, striped Grilliths Misses (2)
Griffiths Mre cotton ducks, handbags, matting. Hall Capt TP screens, household fornitora, Handley Pegg H Enitted goods, porcelain, silk Hannibal WA
Harris HP goods, and sundry ornam:ntal Henoook E Japanese goods,
The Rubber Market.
Messrs. Baker, M rgan and Co. reported on Oct. 29th-On the top of what we were able to re port on Saturday last, it is indeed gratifying to read now the on-
Holte A
Howett, Hon, Mr
A.OMG Hodge WJ Hualor R
Hutchinon DL
Borenzen
Blaman The Misees Smith Mrs A G Smith H Smyth T
AB Speyer C8 Square Miss A Stockment 8 Taylor RG Swaffield HE Walker Capt HA
FWI Wilson J Wilson Mias E Wood FW
Wood GG Wasife H-D Wright Mr & Mrs
J F
Peak Hotel.
qouraging items that are reaching Armstrong Mr&Mrs Jones Lee
W
ua from London with regard to Backhouse
he Rubber Section of the market. Beard
Koch Mr & Mr Luton AB
• MeMuna Major
The demand for all the botter Bowen Major & Mis
Bowdler Mr
grades of plantation rubber is Carmichael Mr an strong in London, as was the case
Kro
at the recent Singapore auction. Canal Mr & Mrs and it is pleasing to see that. No. Coppin Mr & Mrs 3 maked sheet is quoted this Cousland
Cowan Capi & Mrs morning from London at 2/5) Kils Mrs with fine hird para only 36 Erickton Ma
Tafahine Major above.
www Gibbons F W
Mit
Mitchelmore Mr &
Mrs EV Poarser & Mrs Plaimer 3 I Potts P
Major Roome Eng Comdr Bharp Krm Binclair A Skinner Mis Skott Smith Mro
We are in receipt of lavish Gibson Mr & Mrs A Borenson buying orders, by cable, from Hale BA London, for the better clasa. of Hell Li-Col 9
Gristoll
rubber share, which with the Hardman Mr
*M
A. S. WATSON &-Co., Ltd. Hongkong, 22nd October, 1914.
King Edward Hotel.
Almond Mrs R Arnold J Budgo W
Cross Dr CT
Lagnox Mi
Lennox J
Mayne OWO
Murphy H
Fothergill Mr und Passmore Mrs WC
Mr.
Foy. Mrs A
Rammy Mrs R A
Raworth A B
&ibres Dr
&: My Dirt
Soper OH
Hollingsworth A H Roster Mr & Mrs HER Jackson Mr Joseph J Karsdorp D W Kitching F. J Kraft Mr&M1I ́ Kraba Mia WG
Stephens W A
Sylvester Mrs
Thompson Mre Underwood Mrand
Lauretsen kr& Mrs Mral H
Allen F
THE
CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1,250,000.) Loans on Mortgage of House Pro perty, &c.
Goods received on Storage. Advances made on Merchandise: Loans made on the Provident
System.
per
to the Hongkong and Shanghai Chinese Engineerings £137/6 Bank to be placed on FIXED DEPOSIT at 4 per cent.
Tronoha
£124- annum
Rauba
£132. For the Hongkong and. Shang-Kowloon Wharfs
DOCKS, WHARVES, & DODOWNS.
$50 $77 hai Banking Corporation,
H.K. & W poa Dooks $50 {855 Shanghai Docks T. 100 T. 55
N. J. STABB,
Chief Manage
Hongkew WharfsT. 100 T, 91 LANDS, HOTELS & BUILDING
THE MERCANTILE BANK OF Anglo French Lands T.100 T.94
INDIA, LIMITED.
(Rates and Particulars on ap-Authorised Capital
plication).
The Office of
Subscribed
Paid Up
Or
Reserve Fund
TRUSTEE EXECUTOR
WILLS, ATTORNEY, &c, Undertaken and Executed.
SHEWAN, TOMES & Co. General Managers. Herekeng 19th March 1808.
PEAK TRAMWAY CO
LIMITED."
TIME
WEEK DAYS.
3.00 ... EVERY 33 MIR. 10.00-$34. 11.00 LK
Grand Hotel.
7.00 Alto 8.00 4.6, to 10.00 AM: ta
+ x-Alt.
11
25 Mus
17.30 AM, £9. 10.85 9.361 39145 Y. LO
"
IS MIN.
1.25 PM.
zo
*
25 M
14
30 M
2.TS PA to 100 v3.
23 MIN.
TO MIN
Halae H J Reynolds
Bond C Crow Mr & Mrs AB Sanderson R Espault Miss E Gibbs & W D
A&Jado T
Welsman C Wright & H
Carlton Hotel.
Hosivial Dr J Ballantine Mr and Ibbotson J
Mi BA
Kalimbar
R
Barnca
Bentley
ason FN
Hotley Mr & Mrs Penn- Campbell GP Davis Fred M
Clark
Fulcher W Garratt E F Grandy AJ Gregory G H Hollway HD
| WV
Bainty P Swiggs OV Tall Mis Watling Mr & Mrs Walbley A B Wilson DO
THE TIM, La
זיין
איאן
5:00 7,Mi to Fad 7.34
NIGHT CARS.
8.5 7.1 and 9 FML BRA ZM. Is
1300 vary half houra
72.00 .M. 14.
svery quarter of a bour,
SUNDAYS ·
J
נו
2.43 A.M. LO 12.30 am. EvEXT 15 MIK 10:30 to 11.00 AM.. 11-010
13.00 NOO# 13.00 NDOM to 1.007,
1.00 7.10 ·5.00 2.31 500 Ft 10
7.M.
8.03. 10, 7.00 7,50. 2100 M2 to 8.30 9.46
to Ma
53 Mini
10 MW.
N Mini
21 10 ME
NIGHT CARS on Wask Days.
SATURDAYS...
Extra Car at *ldalabt.
PECIAL CARS
By Arrangement at the Compey's Oce, Alemadra Halldings, Dn Voeux Road
THE STOCKBROKERS AS. SOOLATION OF HONGKONG.
£1,500,000
H'kong Central E'tes $100 $100 Hongkong Hotels $50 $125
Hongkong Lands $100 $100
...... 1,125,000 Humphreys Estates $10 - $7.
562,500 Kowloon Lands
$30 $44 465,000 Shanghai Lands T-30 T. 92
BANKERS:
Bank of England... Joint Stook Ba
"Tiited.
West Points
$50 #71
Manila M'pole Hotel P.10 (P. &
COTTON MILES..
Every description of Exchange Shanghai Cottons business transacted.
Interest allowed on Current Ac-Laou Kung Mow counts at 2 per cent per annum on Daily Balance and on Fixed
Kung Yik Deposits at rates which may be ascertained on application.
A. R. LINTON
Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
Incorporated by Royal Charter 1853.:
13732
Hongkong Cottons $10
MISCELLANEOUS, BER China-Borneos 812 11 Light and Powers $101 Do. (Spec.shares) $1 China Providente
Dairy Farma $635 Green Islands $10 6514 Hongkong Electrics $10 $36 Hongkong Toen $250175.
HEAD OFFICE. LONDON. Paid-up Capital
Reserve Fund...
Reserve Liability of
Proprietors £1,200,000
Hongkong Ropes $10, $25 Langkata
g. 10
Morning Post .825 $29 £1,200,000 150,00000 £1,800.000 Peak Tramway $10 $10
Do.. (new)
Philippines
8,
རྒྱུུ.ཥ་
འ ི་འབའ་ལ བ འ
$1 90 ots. n..
$1065
FOREIGN EXCHANGE, and Hongkong Electric Trams 8/3 General Banking business trans aoted. vietas es
OURRENT ACCOUNTS open- H. Price & Co., Ld. $10 86 ed and FIXED DEPOSITS re-
Pro ceived for 1 year or shorter periods Societe des ferred ........ The above Assoolation will open on Monday, the 23rd inst., application.
at rates which will be quoted on
$20 Pulpeset $50 Papeteries for all transactions exceptin Shanghai Stocks..
Kingsolere Hotel
|.
Anderson Con Gen Evan-Jones Jr and
GE
Bolis Mr & Mrs J Kent Mr. & M Breen M
Kant Master
Logan W
Mitchal EJR Nixon F-O Rawlinson RJ
G
Carleton A E Cooper WA JA Douzelly DE
- Robertson Mr. & GF Mr & Fielder BB
Wilkins Miss D Weston Mr & Mrs Berben Mr Mrs A Bachao Mes Whitfield Capt and Grimshaw Mr&Mrs Shields & L
Mr Rob Hardman A Binger Mr&Mr
Harrison Mr & Mrs Williams E
TL-Button F 'Hertel
10
Thema HP Watkins OH Hoogaworff Harley FC Mason Weller W Jonrke GA o Wikon J W
FA
small steady, demand that con- ender Mrs Wicks Rov & Mr tinues for certain local rubbers,phreys Major Willson C
must shortly tend to stimulate!
brend Hes LA CIH W
and work up again the singular interest that has naturally bien
Young
NOTICE.
Wm. DICKSON/
Manager.
EDWARD M. RAYMOND, Hongkong, 11th April, 1912.
Secretary.
PUBLIC COMPANIES
LANCASHIRE INSURANCE
COMPANY.
now merged in THE ROYAL INSURANCE COMPANY, LIMITED.
T for the above Company, we are Having been appointed Agenta prepared to accept RISKS against FIRE at current rates, DAVID SASSOON & CO., LTD. Hongkong, 16th November, 1912
OPIUM QUOTATIONS.
* Sopt. 14 Malwa, New$8,500 per p Malwa, Old 8,300 Patna, New ..... 9,325 per che Patna, Old M 9,200 Benares, Now... #9,050 Benares, Old............. 8,825
du Tonkin
paid up $50 Benefit
· ន
year ending 30°4:13-
$3 for 1897
Interim of 5% Coupon No.
3 account of your end- ing 30.6.14.
Int, of 1/6 mak. 6/6 a/c. 1913.
1/2 for 1909
13.50 for year 1913
#3 for 1913
Tls. 5 för 1918
Interim of Tle 3 for 1913
Tls, 6 29'2 10 First year $3.50 for year ending)
30'6'14 8314 for 16 year
30 6.144
50 cents for 1918
$2.80 for 1913.
Interim of 5 p.o. for
nding
year ending 30'6'13 $2,00 for year ending) 30.6.14
15
per cent. for 1910
Tis-15 for year ending
312019 ENAM Tia. 6, bonus of Tis. 4 & extra bonus of Tis, 1 for year ending 30614) T.12 for year end'g 31'12'12- Tis. 1 for year end-
ing 3011:151)
50 cents 31.7.08
$1.20 for 1913
70 cents for 1913
$1.50 for year end'g 317:14 40 cents for 1911
$180 per share for 1913 Interim of $2) ao 1914 $2 for 1913.
Interim of Tia, 1 mak- Ling Tis. 2 a/c 1913 $1 Interim alo year
ending 31.8.14KTRONİ 80 cents on fully paid shares and 8 cente on $1paid shares for year onding 304.14 Final of 6d. making 7id,
per share for 1913. None $1.50 for 1910
66 None
$200
Shanghai-Sumatras T. 20 T.150 Steam Laundry United Asbestos)
Oriental Agency, $10 $914 b.
United Asbestos
Founders Share $10 $900 Union Waterboat $10 $18
Weismann, Ltd. $10 $30
William Powell, Ltd. $71 Watson
$10 S7
CAFE
THE ALEXANDR Cannot be Bealen, if Equalled.. For Bread, Oakes, Confectioner and meals with Wines & Liquoe
No dividend this year 85 cta: for year end'g $1.5.14
(20 per cent, per ordinary share for year ended, 31-5-1912
125 per share for year
ending 3112 1913 25 per cent for year
Ending 81711
70 cents for 1913 50 cts: on old shares, 25 ots, on new shares for year ending 30.6.14 AND HORNBY, Khört nad
does not hold was
Gdy of the shora quotations,