Commercial.

Lancashire Cotton Industry.

A Manchester correspradent to the Economist writes: It i "probable that the Lancashire cotton tride bas beru more severb- ly hit by the Europeau wer than Sny other of our leading! industries. This state of affair..

is due to various matters. When it is said that practically no frestr business has been booked in yarn and cloth during the last couple Fol months, it will be readily understood that pro lacers have lost considerabis grǝand and are fast working off old contracts, and will soon, reach "the point when machinery will have to stop working. The uncertainty

THE HONGKONG TELEGRAPH, FRIDAY, NOVEMBER 27, 1919.

NOTICES

In Assets, Income, Net Surplus, Business in Force,

SUN

New Business the

LIFE OF CANADA

Outside of Companies issuing industrial policies, the Sun Is the leading Life Company of the Dominion,

Life of Canada is doing the largest life business in the British Empire.

Funds Exceed £11,000,000.

CHIEF OFFICE FOR SOUTH CHINA, DES VŒUX ROAD, (POWELL'S BLOG.),

as to raw cotton prices is largely a telegram from New York to responsible for the holding off of the Manchester Guardian, dated] boyers On Jaly. 31 middling October 6, pending the open- American cotton on the spot in ing of the Exchange, have created Liverpool was at 6.66d. The rate a most favourable impression inl

NOTICES

NOTICE,

& SPIRITS.

A.S. WATSON & Co. Limited

on October 1, was 5.30. In spite Wall Street, and have been W. & A. GILBEY'S WINES of this drop, it is held by many hailed, one might say, mort people that values are still too with enthusiasm by Américaus high, and ars on an artificial generally, It is realised that basis. The futures market in the London policy regarding Liverpool remains closed. Those American securities, which was who have been in the trade for a accepted apparently without any long number of years era unable interobenge of views with New to see any way out of the York, and was all the more have been appointed AGENTS difficulties at the present time. It gratifying on that account, will is quite evident our customers help to remove

one of the for Messrs. W. & A. Cilbey's abroad will refuse to operate so greatest obstacles in the way of long as there is such great an- reopening the Exchange, because Wines & Spirits. certainty as to the future course henceforth the charn-1 will be of values. It is expected that closed by which the Continent the Board of Trade rotoras for might have liquidated American September will show big de rourities on a very heavy scale. Hongkong, 22nd October, 1914. crosses in experts and, scoording Such liquidation, it is pointed to enquiries made in Manchester. it out, is rendered impossible by the looks as though Government effi-ule established by the London cials are becoming alive to the institution, probibiting dealing

Tonders are invited for the situation.

in Americana below the last removal of food refuse from 1st prices of July 30 on the New December. York market.

Bullion.

Trade and Finance.

London, Oct. 0.

The Bank rate» remaina” un-

A.S. WATSON & Co. Ltd.

|

NOTICE.

Apply "A.B.C."

c/o "Hongkong Telegraph."

NOTICE.

Mesare, Mocasta vnd Golden id's weekly circular dated London, October 23, states that "eilver! has continued dull without any recovery, and there has been a changed at 5 per cent: The Open

It is hereby notified that, unless farther fall during the week to market rate for short loans is claimed within 7 days from this 22-11/164, which we quote to lower at 21 per cent, and dis- dete, 12 jinrickshas and 2 trucks day. Buyers have been very scarce, count of four months' Bank bills which are lying unclaimed in the

Police Compound will be sold by

while the supply has been quite lower at 34 to 34 per cent. The Public Auction. normal. Unless new bngeri.come Bank of England continues to into the market, there is little make satisfact ry progress, and likelihood of any recovery."

**

· Copper in Japan.. The copper market continues

C. Mc.I. MESSER,

Capt. Supt. of Police.

the last return is impressive. The Hongkong, 25th November, 1914. total gold "la" now nearly 57

millions and the reserve is over

40 millione sterling.

W

Mrs

M

Feak Hotel.

MIEV

Perkins TL

Ponning

Plummer JI Mr &

M18 Pringle W J Рупе Major Ries Mra Roome Eng Comdr Sincla! A

to decline. It had been hoped that when London gaotations Tenders for £15,000,000 six Armstrong Mr& Mrs Mitchelmore Mr & were resumed there would be months Treasury bills have Bowen Major & Mis Fearse Mr & Mrá some improvement, but this hope met with a very satisfactory Bowdler Mra has been disappointed, gave the result. Terder, at £88 38. 1d. Carmichael Mr and Japan Chronicle of November 13 receive about 2 per cant, and The Japan quotation is Y.29, above in fall. The average rate Carolli Mr & Mrs

Cousland and the stock of copper congest per cent, was £3,94, 3-240. This Cowan Capt & Mrs ing the market still increases, is about 69. 3d. per cent. better Erickson Mrs

Faichine Major while exports have almost ceased. than the last issue. There have Gibbona F W There are about, 20,000 tons on now

four issues of Gibson Mr & Me been the market, which is very quiet, £15,000,000 each sincs war broke Hale BA Mr & Mrs

Hall Lt-Col G At the prices ruling it is not pro- out.

Grissoll fiable for the producers to sell at

Hazeland FA ell, and as there are hopes of sa ernment are considering what Horbrender Mra

It is understood that the Gov

Mis

Mis

Borenson Smith Mrs Grant Smith Mr & Mrs A

early rise the mine-owners are measures can be taken respecting Humphreys Majer &nday

Lt Col H holding their output. In con- British firms which have large on Le

Jackman Mrs sequence the market is absolute- amounts due from abroad, and it Kiddle Mrs Jy deserted and lifeless, A few is thought that they may be Linton AR days ago the Mitau Bishi sold 350 willing to guarantee a portion of Lockyer tons for export, and a little later any Ices made by backs in the Mitsui delivered" 800 tons on advancing to customers.

a contract. It is believed that

last and that a rise will follow.

bottom really has been touched at

The result of the tendere invited

HOTEL LISTS.

Hongkong Hotel.

by the Tokyo Military Araenal for Abrams, HB

Joseph R. M Joseph E M to-day is looked forward to with Allen G

Anderson Mr & Mrs Joseph 8 M much interest. The quantity

Athol L seked for ia 800 tone; and it is Anderson A

Backhouse J H feared that if the tenders are too

J

Kennard F.A Lambert EB 'Langston A Larmone Edw Lloyd GT

Mana Mrs R R Marriott, Dr a

Bate FR low even the present depression Bellios, Mrs ER may be excooded. Holders of Bell ODJ Bezs, GA stcoke are in a difficult position Bawick Mr & Mrs Matheson, Max E and have been appealing to the OW Bank of Japan for assistance, It Bishop Mr & Mrs A Matheson, Miss M

Matcalfe is believed that on the result of Black W H Merock. J the tenders largely depends wheth- Black Mr & Mrs R Meyer CE

Middleton G3 Mody J H

JHN

FF Nathan M Ormiston J Pederson W J

Beth Mr & Mrs

Booth Borch Brian-Bates H

ОН Mies B

Brister A

JH

AJ

Mra

er the Bank will think it worth while to afford the assistance craved. The appeal of the owners Bridger Mr&Mrs of copper mines for Gover mont assistance has been mentioned in Brake CB previous reports. This appeal, Cambridge

Mr and Ceoile Madamo which was backed by Marquis Chalmers J Inouye, seemed, up to the end of

Powell G. M Clayton, WE last month, to have a very good Coleman DrALEFPreston A M

Purvis A Course

Arthur chance of exocess, bat dimension

E

H... Douglas D58 Ray

WA

Rayner Lt Col and has arisen through the wealthier Dowloy

Mrs mine owners not wishing to be Duckworth FT

Duffy Mis ME Reay Min F associated with the scheme, which Ehrenfels Mr & Mrs Ribault Capt & Mrs

Ritner НЕ HC has in consequence been shelved.

Rowell JF The other mine-owners, who Evenson E

Mrs A G Fenwick Mr & Mrs Smith 3

Smith W H Smyth Mra F

Sorensen AB Steakmest

wanted assistance, according to

Fuller Denman

the Mainicht, are man of more Forter L than average means, and cannot | JEJ be pressed for want of moley, at Goulbourn any rate not to such an extent as Goal to need iminediate assistance. If all Cap TP

J.

Handley

Pegg H

these are helped, there are many at HE

Stoventon Mr & Mr Swaffleld HE Swift Glea H Taylor RG ho will have an even

8 ssle Adam Ulcomi clajm, so it was decided Howatt Hon. My E White FW

20 on with the movement.

Hodge W

*au, Securities in London. Huster R steps taken by the London Hutchison DL

Wood BW Wood G G Woolfs HD

change for the protect Bar ANGOLI CAST

petele Jonbea

of American Fecurities, 9678

"

R

Walcott Mrs

Walton Cot & MIS Weston Mr & MIS Whitfield Capt and

Mra Young

King Edward Hotel.

.

Almond Mr. R

Arnold J.

Budge-W

Cross Dr OT

Fothergill Mr and

Mrs

Lennox Misy

Lennox J

Mayao OWO

-

Murphy H Passmore Mrs WO Ramasy Mrs RA

Foy Mrs Au Raworth A B Hollingsworth A H Rosser Mr & Mrs

Dr

Jackson Mr & Mrs Skee NJ Joseph J

Karsdorp D W

Kitobing F J Kraft Mr&Mrs Krebs Mra WG. Lauritsen & Men

Super O

Stephous

WAŻ Sylvester Mra 8 Thompson Mra Underwood Mrand

Mrs J H

Grand Hotel,

Gibbs AWD Allen F Bond C

Reynolds Crow Mr & Mrs AB Sanderson R. Underdahl E Dake OL Denrich A E Weisman O Esnault Miss E Wright & H

Carlton Hotel.

Aguado T

Hosivial Dr J. Ballantine Mr and Ibbotson J

Kalimbas MIS BA

Mason FN Barnes O

"Paul Benticy R Bentley Mr & Mrs

W.Y Campbell G P

Rigga A Clark Fred M

Bainty. P Davis

R

Beige CV Tail MIX Fulcher O W. Garratt E

Watling Mr & Mrs Grandy A J

Whibley AR Gregory GM WPron DO

Hollway HD

Kingsclere Hotel. Anderson Con Gen: Evan Jones Ur and

Bolles Mr & Mrs Kent Mr & Mrs"/

Kent Master

W Mitchel EJRE AE SWA J Nizon F CE

Rawlinson BJ Robertson Mr&4

M

MH G

in Logan

Dounelly D Fielder E Filkios

Miss D

Forbes Mr Mrs Antolds A L

Grimshaw Mid Me

Hardman A

Harrison TL Hertel OH

Singer Mi& MET Button F Thomas HP- Watkin OH Hurley EO Marin WeijlerH‹W.

Wilson NAY-DA

Hoogswerk

Work&G A

-BANKS

INTERNATIONAL BANKING |||O

CORPORATION,

HEAD OFFICE:

-60, Wall Street, Now York. LONDON OFFICE:· 36, Bishopsgate, E.O..

BRANCHES-

Bombay. Calcutta.

| Canton..

Cobu.

London.

Manila.

Panama

Poking.

San Francisco.

Hankow

Shanghai:

Hongkong.

Bingapore.

Yokohams.

Colon:

Kobe. CAPITAL PAID-UP $3,250 000

BANKS

ONGKONG & SHANGHAI CORPORA- BANKING

TIONA Paid-up Capital $15,000,000, RESERVE FUNDS:,

Sterling.....

£1,500,000 at 21- **** $15,000,000 Silver $18,000,000

Selung

Demand ...........1/8 13/16 30.3/8.*.......1/676 -- 60.3/s ................................1/8 15/16 4 m/c ...............................1;9 · TT Shanghai...7734 Private 30 d/s sight" T/T Singapore.***.74 3,8 T/T Japan......................854. T/T India mine 411903⁄44 Demand India“ - „.....151 : [T/T Bɔmbayimui. Reserve Liability of

Demand Bombay “n 131 Proprietors $15,000,000

|T/T Caloutta pinkida 21- COURT OF DIRECTORS,

Demand Caloutta....131...... Hon. Mr. D. Landale-Chairman,

Demand Manila 85.0 W. I. Pattenden, Esq. Deputy T/T. San Foo & NY 423

Chairmansambel eng Demand, New York 12.5/8

$93,000,000

8. H. Dodwell, ET Java......105 G. T. Mi-Edkins, Esq.-

RESERVE FUNDS.... 4,060,000C 8. Gubbay, Esq.

(U.S. Gold) $7,310,000 All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted.

*****

CURRENT ACCOUNTS open- ed and FIXED DEPOSITS received at rates lo be ascertain- ed on application.

N. S. MARSHALL,

Manager. Hongkong, 22nd Oct. 1914

THE IAMA SPECIE BANK

LIMITED.

YOKOHAM

Established 1880.

Authorised Capital Yön 48,000,000 Paid-up Capital ... $30,000,000 Reserve Fund

19,250,000

19

Head Office.—YOKOHAMA,

*Branches

Boabay

Calcutta-

Antang Halen

NSZEIKKI

Newchwang

New York

Osaka

Kyolan (Puri

Changchno Dairen

Fangtian

Harbin Hankow Horalulu Kobe Liso-Mang Lond-a

Lyons Trisguna

Pekin

Arthur) San Francisco

Ticin

Taky

Los Angeles

Talosta

* Interest Allowed on Camenz Account, Deposits received for fixed periods at volia to be bished on application

EISHI ONO, Manager. Hongkong, 17th October, 1914.

THE

NOTICES,

CHINA PROVIDENT

· LOAN AND MORTGAGE CO., LTD.

(Capital Paid up...$1,250,000.)

PH Holyoak, Esq... J. A. Flummer, Eso I Hon. Mr. E. Stella CHIEF MANAGER: HongkongN. J. Stabb MANAGER *** Shanghai-A, G. Stephen. 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 balanceHR MAN

ON FIXED DEPOSITS. For. 3. months, 2 per cent per

annum

For 6 months. 3 per cent par

annum,

For 12 months, 4 per cent per

Bonum,

N. J. STABB

Chial Manager.

EXCHANGER

17 Märksam, Nom, Demand Germany... T,T. Franose 2.1911 Deinand Paris......... 2.17.

On Haiphong,... Nom. On Saigon ******** On Bangkok...............88

Buying,

4 m/s. /01/934. 4 m/s. D/P................1/936 6 m/s. L/0........:1,91 30d/s.8'ney&M. ~ 1/95% 50d/s.San F'cc&N.Y4 4 m/s. Marks 4 m/s. Francs e 2.271

6 m/s. do

2.32)

Gold Leaf per taal...$57.60

Sovereign...

11.30

BarSilver. ready...2216

forward

A SUBSIDIARY COINS, Discount per $100 Chinese,.,20 ote-pieces $23. Chinese...10

Nom.

Hongkong fots, piccos $177 423 1/2 Hongkong.10

$17.1/20

TO-DAY'S SHARE REPORT:

3A-SACRS B-BUYERAN N-NOMINAL

4-SELLERİ

Stocks & Paco ur falye. BÄNKS..

CLOSING

Hongkong & Shal $125 $720.sa.

MARINE INSURANCE),

Cantona Le 250

North China

Unions

Yangtazes

300

310 sa

£5 T142

$100 $700

£50

FIRE INSURANCES; China Fires a -$20 $146 Hongkong Fires $50 8378

SHIPPING AN China & Maniles 825 17 Douglas Steamship 259 128 $15 $25

HONGKONG SAVINGS BANK Steamboats

THE

HE Business of the above: Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION Rules may be obtained on ap plication, WA.

INTEREST on deposita is al- |lowed on the minimum monthly balances at $34 per cent. per an-

num.

Indo-Chinné ·

(Preferred).

Deferred)

£5855

Shell" Transports £1

180/-

£11

$10-549

POVEKEFINERIES.

$100, $75

$100 $20

Star Ferry"

China Sugars Luzon Sugara

MINING

Depositors may transferat their option balances of $100 or more to the Hongkong and Shanghai Chinese Engineerings £137/6 Bank to be placed on FIXED DEPOSIT" at 4 per cent, per

For the Hongkong and Shang- hai Banking Corporation,

N.J. STABB,

Chief Manager.

£1 24 £1 $2

11.

2.

Tronoha. Rauba DOCKS, WHARVES, & GODOWNS Kowloon Wharfs - $50 - 876 H.K.&W poa Docke $50 { 854 Shanghai Docks T. 100. T. 55 Hongkow WharfsT. 100 T. 91/ LANDS, HOTELS & BUILDINGS

THE MERCANTILE BANK OF Auglo French Lands T.100 T94|

INDIA, LIMITED. H'kong Central E'tes $100 $100 Hongkong Hotels $50 $125

Hongkong Lands $100 $100 £1,500,000

1,125,000 Humphreys Estates $10:37:

562,500 Kowloon Lands

Loans on Mortgage of House Pro Authorised Capital

Subscribed perty, &co.. Goods received on Storage.

Paid Up Advances made on Merchandise: Loans made on the Provident

System:

(Rates and Particulars on sp.

*

plication).

OF

The Office of TRUSTEE, EXECUTOR

WILLS, ATTORNEY, &c:, Undertaken and Executed:

SHEWAN, TOMES & Co. General Managers:

H cogkong, 19th March, 1908

PEAK TRAMWAY CO

LIMITED.

TIME TABLE.

WEEK DAYS,

2:00 AM to 8.00am. Ersan 25 Mixn, 5.00 AM, 1020-00 AM. 10.00 AM to 11:00

12:30 AM, to 29.45, 150)

∙1.45 7.K! (7:45 7:35, to

mag TM, 10 - 5:00 2361. 100

to 3.10 226; *. »

NIGHT CARS,

Reserve Fund

BANKERS:

$30 $44 465,000 | Shanghai Lands T. 30. T. 92

West Points

$50 971

Bank of England, London Joint Stock Bank, Limited.

Every description of Exchange business transacted.

Interest allowed on Current Ao counts at 3 per cent per annum on Daily Balance and on Fixed Deposits at rates which may be sscertained on application.

ARLINTON

Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND, CHINA.

Incorporated by Royal Charter 1853.

HEAD OFFICE LONDON

| Manila M'pole Hotel P:10 (P. 8

Ewos

CUTTON MILLS.

n,

n.

ad

T. 50 Tls, 125 'n.

TI's. 70 b.

£23 at er 1/10561

equal to $22.80 for

Foar ouding 80,6/14

Final of $3 a/c 1912. In-

térim of $18 / 1913 f Final of 10 p.o making

20 p,c. for 1918 Final of 820 making 850

for 1912 and Interim? of $30 for 1913

Final of $12 mak: $15 for) 1912 & Int, of $3 for 1913)

$10 for 1912. $27 for 1912

́$1 for 1906".

$3 for year ending 30′6′14 Interim of 50 cta. for 1⁄2 year ending 30'6'14 · · Final o'3% making6% on preferred · shares &5% on deferred for Year:1913 (Final of 5 making 7- for 1913 Coupon No. 22

$1.70 per share and bonus of 30 cents per share for ending.30413

$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. 6/6 a/c, 1913 1/2 for 1909

$3.50 for year 1913

#3 för 1913

Tls. 5 for 1913.

Interim of Tla 3 for '1913

Tls, 6:29′2′10 1

First year

£3.50 for year ending

30614

$31% for 12 year end

30 6.14

50 cents for 1913

$2.80 for 1918

Interim of 5 p.c. for

year ending 30*8*13 #2:00 ° for 14 year ending/ 80.6 14

15 per cent. for 1910

Tla. 15 for year ending)

81'10-13

Tls, 6, bonus of Tls, &

extra bonus of Tis. 1 for year ending 30′6′14) T.12 for year end'g 31'12'12

end. Tis, 1 for year

Tia. 75 B,

Tls, 10 b.

ing 30:11*13

-3,

50 cents 31.7.08

b.

$1.20 for 1913

Shanghai Cottons

Laou Kung Mow Kung Yik Hongkong Cottons $10 |3734

MISCELLANEOUS MET

$12 $10 China-Borneos Light and Powers: $19)

$4 Do. (Spec.shares) $1j China, Providents $10 3736 Dairy Farma Green Islands Hongkong Electrics #10: 835 Hongkong Loes $25617

*1$25 Hongkong Ropes Langkate

$6135 81013534.

·To Mos.

**

* Mu

11

30 MIN

ri

ng Blemi

g. 10 Tis. 31

* Mx,

Paid-up Capital ........£1,200,000

Morning Post

$25 $29

$10 $10

Proprietors £1,200,000

Do. (now)

$190 cta. ...

kst part and grotų gyo mar, in

7), as do pisci -kevery hálf homi!

ILOG FIM. IN 11,45 2 20.

svery quarter ofan betira

SUNDAYS

7.45 AM. 10 10-50 km, EveAT 15 MIN.

10:30 AM, 10–1100 ZX,

11.00 AM, to 11.00 Nor

11.00 Noon to 1,00 2,50)

7.00 PM: 1o. gibo #8) *5,00 2.3. to 4.00 7.1+

2.40 136 10 7.00

2100 7 00

2,13 Fak

19. Men 'NIGHT CARS 0 Week Days.

SATURDAYS.

Extra Car at in midnight. CAPECIAL CARS

Reserve Fund............£1,800,000 Peak Tramway Reserve Liability of

FOREIGN EXCHANGE and Hongkong Electric Trame8/6 General Banking business trans-

$10 $5

net permet Philippines CURRENT ACCOUNTS. open- H. Price & Co., Ld. $10 $6.

Pre

13 MIN.

15 MIN

to Ms.

acted.

ed and FIXED DEPOSITS re-

Pulpeset

Papeteries

du Tonkin

By Arrangement at the Company's Qfice,' Alumnadra Buildings,

Des Voeux Road)·

HIMROD'S

Gives Instant Reliof

No matter what your insp wtry organs may be maltering trou-whether WASTHMA, INFLUENZA, HAZAL DATARBH, or ORDINARY DOUGH, T war will find in this famous Twosedy "Ma restorative power thans (la), Mizugly?

FAMID FURRO

EWART ON NE

CURE FOR

GIMITATION

ASTHMA

ceived for 1 year or shorter periods Bociste des ferred

at rates which will be quoted on application."

Wm. DICKSON.

ag Manager. Hongkong, 11th April, 1912,

OPIUM QUOTATIONS.

Malwa, New..

Malwa, Old

Bept. 14 $8,300 par p

8,300

$50

$20

paid up $50

$200 Benefit 2 Shanghai-Sumatras T. 20T.150 Steam Laundry $5 $41 United... Asbestos)

Oriental Agency, › $10" $914 b. Id

l'atos, New. ....................... 9,325 per obe

0,200 Patus, Old..... Benares, New 9,050 € Benares, Old. 8,825

THE ALEXANDRA CAFE Cannot be Beaten, if Equalled Cares Confenflover For B Andm with dnes & Biot

United Asbestos

$10 $300 Founders Shareaf Union Waterboat $10 $18

Weismann, Lid Watson

William Powell Ltd, Penga

$10 830 $10 67

Corrached to va par Nov.

=

70 cents for 1913

$1.50 for year'end'g 31'7'14 40 cents for 1911, 61.80 per share for 1913 Interim of #2) a/c 1914 $2 for 1913

Interim of Tls, 1 mak- ing Tis. 2 a/o 1913 $1 Interim ac year

ending 31.8.14

80 cents on fully paid]

shares and 8 conte on 31 paid shares for year

* ending 30.4.14-0

Final of 6d, making 7d.

per share for 1913," None

$150 for 1910.

None

No dividend this year 35 cts. for year end'g 31.5.14.

(20 por cont. per ordinary share for year ended 31′51912

$1.25 per share for year?

ending 31*12*1913

25 per cent for your

rending 81711

70 cents for 1913 50 ots on old shares, 26 ots, on new shares for year ending 10,0

WRIIHT AND HOI

Any Tamaril Broken 5 Das Vorne Road Central, Tal, sääres Reminds w/

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