Commercia'.
China as a Gold Producer.
to
A writer'in the Financial News, in the course of an article ron- tributed to that journal, remnike that if the gold production of the world is to be materially ivoreab ed, in order to provide for the wider eccncmie conditions after the war is over, what is wanted is not simply the discovery of new mines, but of new fields. Where, then, he asks, shall we look, for a new field where general conditions are favourable? Almost instinct- ively one's thoughts turn China and the possibilities of that vast territory. It is only within the last year or 60 that any facilities have been available for the development of the country's mineral resources by "Europeins. Even now, accord. ing to the new mining regule- tions, a foreigner can only bold about 50 per cent, of the capitali of any oudertaking formed 10 explot minerals, the rep ainder being held by Chinese; but we understand it is a comparatively easy matter to obtain an Imperial Edict whereby the Chinese are allowed to sell their holdings to, Europeane. Some companies Bre already operating-notably the Chinese Mining Company, in the Province of Chibli, and the Eastern Pioneer, is Western China, and area. We under stand, too, that the well-known firm of mining engineers, Meears. Bainbridge, Seymour and Co., recently sent out an expedition to inspect a huge concession in the Province of Chibli, which is known to be highly mineralised; but sufficient time has not elapsed to allow of any definite date be. coming available. This firm, however, is opening an cflice at Tientsin, which, being a port and the commercial capital, is ever more suitable for the purpose than Peking. As regarde PcceBE- ibility, thanks to the Trans Siberian Railway, it is possible to reach the known mineralised ares from London in twelve days, This area is situated north-east of Pek ing and about two days' journey north of the Trane-Siberian-Rail- way. Other portions of the great Mongolian territory should be come available to prospectors a3 railway construction proceeds. Already the line from Tintain through Peking reaches as far north-weet as Wan Chuan Hsien, close to the Great Wall of China, Thence it is expected that it will be ultimately pushed farther porthwards to link up with the Trans-Siberian line. Reverting to the Province of Chilli, the olimate is exceptionally good- the elevation is about 5,000 ft. abavo sen level-and roughly cor- responds with that of this country. The country is well watered by innumerable streams and rivers, and an examination of the beda of a great meny of those has disclos ed traces of gold.
Company Promoter's Bankruptcy,
The first meeting of creditors was held on December 30 at the London Bankruptcy Court under a receiving order made against Mr. Cecil de Winton, described as of 5, Loudon-wall-buildings, E.C., company promoter and director, Mr. E. Leadam Hough, Senior Official Receiver, reported that accounts had been lodged showing liabilities £38,080 10 rank against assets valued at £106.
THE HONGKONG TELEQEAPH, TUESDAY, FEBRUARY 2, 1915.
SHARE REPORT.
COMPARATIVE SHARE
6.-SELLERS SA-SALES E-BUYERS
QUOTATIONS.
1915. 1915,
N-NOMINAT
To-day's
STOCK.
Closing
Prices
Number
Shares
Par Pala Value Up
1914.
Highest
1914.
Lowest
Highost, Lewest, 22nd Jan. 22nd Jan.
20 now
Last Dividend
and Date
ta
DOW
Banks.
H'kong& S'hai Banking Corp. (£711-
Marine Insurances. Canton Insurance Office, Ed.340 sa. North ChinaIns. Co., Ld."
.......160 b.
Union Ins.Society of C'ton, Ld.8805 . b.
#
Yangtsze Ine. Assoc. Ld. ......$215 b.
Fire Insurances, ', China Fire Ins. Co., Ld H'kong Fire Ins. Co., Ld.
f£2: 3-at ox 31036 equal to $2.80 for 12 year ending 30/6/14
BANKS
BANKS
INTERNATIONAL BAUKING HONGKONG & SHANGHAI
CORPORATION.
HEAD OFFICE:
60, Wall Street, New York LONDON OFFICE:
36, Bishopsgate, E.U. HA, 2 BRANCHENILLO
BOMBAY, LONDONNA CALOUTTA MANILA CANTON
CEBU.
COLON.
PANAMA.
BANKING CORPORA-
Paid-up Capital$13,000,000 RESERVE FUNDS:
SterlingA
£1,500,000 at 2-
Silver
➡$15,000,000 ...$18,000,000
se vellent w €39,000,000 Reserve Liability of me Proprietors Hum$15,000,000
PEKING.COURT OF DIRECTORS SAN FRANCISCO. Hon. Mr. D. Landale Chaimah, HANKOW SHANGHAI W. L. Pattenden, Esq. Deputy HONGKONG. SINGAPORE
Chairman, and 6. H. Dodwell, Esq. AG, T. M. Edkins, Esq.
YOKOHAMA.
CAPITAL PAID-UP $3.250 000 0. S. Gubbay, Esq. RESERVE FUNDS...... 4,000,000. H. Holyoak, Esq.
*:" (U.B. Gold) #7.310,000 All kinds of FOREIGN & LOCAL BANKINGĮ BUSINESS; transacted.
CURRENT ACCOUNTS open- ed and FIXED DEPOSITS; received at rates to be ascertain ed on 'application, BASIN, S. KARSHALL,
set Manager.
$825 0.
12,000 $125 all' 855
July. 700
Oct.
825
790
10,000 £15
10.00: $50 69 350
145
Doc. 305
..: Oct.
May 133 ** Jun.
Final of $3 a/c 1912. Interim
KOBE,
340
340
of $18 a/c 1913.
160
160
2,400 $250 100 947) April 700 Oct.
12,000 $100 50 20 April 1921 JAB.
3805
$790
215 205.
Final of 10 p:o. making 20.
po. for 1912 dagana. Final of $20 making $50 for 1912 and Interim of $30 for 1919
ideas Final of $12 mak, $15 for 1912
& Int. of $3 for 1913
20,000 $'00 20160 8,000 $250 50 395
July 140 Oct. 150 Fob. 368 April 395
150
$10 for 1912
390
$27 for 1913.
£4
b.
8.
30,000 $25 20,000 $50
all 10 .all. 36
Jan. 512 Dec.
6
$1 for 1906
Mar. 271 Nov.
30
30
b.
80,000 $15
all 2914
Jan. 22
Dec.
194
.19
Interim of 50 cts. for 1 year
ending 30614.
8.
60,000
£5 60,000 6.3,797,610 £1
}
all 79 Jan. 50
Sept.
. 66
66
all 106/- Fob, 701-
Sept.
82/-
80/-
40,000 $10
all 49
Mar. 40
Nov.
37
37
$1.70 per share and bonus of 30 cents per share for year ending 30'4'14
$150 b. .$395 ea.
Shipping. China & Manila S.8. Co., Ld86 Douglas Eteamship Co., Ld. $30 Hongkong, C. & M.S.S. Co.,Ld19}
Indo-China Steam Navigations66
Co., L Shellport & Trading Co.. L2.80/-
Star Ferry Company, Ld....$37. e.
Refineries,
"China" Sugar Refining Co., L2.894
Luzon Sugar, Refining Co.,Ld.S13) b.
Mining. Kailan Mining Admin'tion. 32- Raub Australian Gold Min-
ing Co., Ld. Tronoh Mines Ltd.
Docks, Wharves and
Godowns &c.
Hongkong&K.W.&G. Co., Ld.g69 H'kong & W'pea D Co., Ld. $57 Shai Dock& Eng. Co L.d. .51 S'hai & 'kew W. Co, Ld. ...91
Lands, Hotels and Bulldings. Anglo French Lands.. H'kong Botel Co., Ld.....
H'kong Land Investment Co. $114 H'phreya Estate & F. Co., Ld. $7 K'loon Land&Building Co., Ld $44 Shanghai Lands
.t.101
$3 for year ending 30'6 14
Final of 3% m'king 6% on pre-
ferred shares & 5% on de ferred shares for year 1913 Interim of 1/.a/c1915C.No,23
Final of 5% Coupon No.
making 10% for year end- ing 30/6/14
Interim of 5 p.o.for year end'g
30.6.13.
$2.00 for half year ending 30.6.14
Tla. 12 for year ending 31'10'14 50 centa 317-08
| Hongkong, 22nd Oct. 1914:
THE
B. A. Plummer, Esq.
Hon. Mr. E 8hellim, OHIEF MANAGER: FE Hongkong NJ; Stabb ANMANAGER A
Shanghai-A. G. Stephe
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 balancezi wa pung
ON FIXED DEPOSITS.
YOKOHAMA SPECIE BANK For 8 months, 21 per cent per
LIMITED.
Established 1880. Authorised Capital Yem 48,000,000 Paid-up Capital il 30,000,000 Reserve Fund...... 19,250,000
to
Head Office YOKOHAMA.
"Branches :
Antung-Hsian
Doabay Calculia Changchan
Dairen
Feng lad
Hably
Haikow
Honolula
Kobe
Liao-Yang
London
Lyons Tiingtao
Agencies a Nagasaki Newchwab New York. Osaka Fake Port Ryolun
Sua Franciaco
Tiebling
Toky 1.O Angulor Tsingtau
lärarest-Allowed on Current Account Deposita received for Exed perioda as raws to be
miked chiplication.
EISHI ONO, Manager Hongkong, 17th October, 1914.
NOTICES,
CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1,250,000.) Loans on Mortgage of House Fro perty, &o.!
Goods received on Storage, Advanaes made on Merchandise: Loans made on the. Provident
System.
(Rates and Particulars on ap.
plication).
The Office of
EXECUTOR · OF TRUSTER,
WILLE, "ATTORNEY, &c, Undertaken and Executed:
SHEWAN, TOMES & Co General Managers,
20,000 $100 all 967. 7,000 $100, all 31
Feb. 70.. Jan, 17
Nov.
94
85%
$3 for 1913
Dec.
13
136
$3 for 1897
$21
9. 1,000,000 £1
b. 200 000 £1 160,000 £1
all 41/-
all 3.10 all 39/-
Fab. 33/6
Dec.
"32/-
32/-.
Jan. 1.90 Nov.
21
2.35
1/2 for 1909
Feb. 19/6 Nov.
25/6
25/6
1- mak. 7/6 a/c, 1913
B.
9.
b.
60,000 $50 all 89. 50,000 $50 all 77 55,700, 100 all 60
Jan. 73
Now
70
60
$8.50 for year 1913
Jan. 53
Oct.
57
5714
3 dividend for year 1913
July 50
Dec.
51
51
Tls. 5 for 1913
"
66,000 £ 100 áll 109
Jan.
821
Deca
91
.90
•
Interim of Tls 3 for 1913
.t.94 ..$124
25,000. £.100.t.100. b. 12,000 $50
04
25.128 July 120 Des.
124 9
94
Tle. 6 on 29.2.10
124
($3.50 for half year ending
30'6'14
THE
3.
¿
b.
50,000 $100 all 11714 July 98 150,000 $10
all 914
Jan. 7 60,000 $50
Jan. 44
Nov.
114
114
$31 for year ending 306*14
30 45
Nor. འི་ Feb.
714
50 cents for 1913
44
44
$2.80 for 1913.
78,000 4.50
West Foint Building Co., Ld. $71 Manila M'pole Hotel H'kong Central Estates...
.12,000*350
all 98
all :73
!!
Dec. 89 June 66
Oct. 101
98
Feb.
71
71
p. 8. .$99
13,000 p.10 ali:
8
8
b. 10,000. $100 all
100
99
15 per cent. for 1910 First year.
Cotton Mills.
Ewo Cotton 8. & W. Co., Ld. t.131 Henghong Cotton Co.
b.
20,000 t.50 all 138
July. 125
May
131
130
.36.
b.
125.000 310.. all 81⁄44
Mar 7
June
6
Kung Yik.....
11
b.
Laou Kung Mow
72
E.
Shanghai Cottons
...t.84
F.
75,00 t.10 all 14
3000 t,100 all (110 40,000.t.50 all 135
Jan. 11
Mar.
11
.112.
Feb. 70
May 75
72
Tls. 1.20 for year ending 30'11'14 Tls. 12 for 1918
· Feb. 70
Nov.
85
84
Tis. 10 for year ending 30'6'13
5.
S.
£0,000 $12 all 12
50,000 $5
·50,000 $1
May 16
Dee.
£1
∙11·
$1.20 for 1913
B.
1. 200,000 $10
40,000 7
all 4.90 July 4, all all 9
39 6
April
6% for year ending 28,2.06
Jan. 7
Nov.
7.90
70 cts. for 1913...
June 35
Aug.!
35
$1,50 for year ending 31′′/14
b.
400,000 $10
all €.90
Jap. 5
Dec.
534
90,000 $10
all. 49'
Jan. 36
Nov.
37
b.
4,000 $25
all 2171 July 174
Dec:
190
b.
60,000 $10 all 25 June 22
Apr.
25
$2 for 1913
"
fi
325,000 5/- all 13-July 7}• Feb.
534
&
b. 260,000 .10 all 6424 Mar. 28 Déc.
38
b.
25,000 $10 all 1012 Jan. 9 June 50,000 $10 $1.93 cts. Jan. 75 cts. Dec.
75,000 $10 ali..
10
5
None
..$6
$20
13,200 $50
10
all
6
$1.50 for 1910-
20
None
...$135.
18,000 t.20 all
135
Steam Laundry Co., Ld.....
..$4
25,
20,000-$5.
Union Water-boat Co., Ld.. Watson and Co., Ld.
.$18
.87 -
8.
8. C. Morning Post
..$29. b.
WRIGHT & HORNBY,
8. 90,000 $10 all 81
2.1000 $7 Sall 93
6,000 $25 all 20
all 5.00 June 4 50,000 $10 all 224 Feb. 17
April 6.90
Jan. 63%
June 29
Nov.
JOR 18
Dee.
7
70 cts. for 1913
Doo.
6
Dec. 29
Miscellaneous.
China Borneo Company, Ld. $11 China Light & Power Co.,)
Ld. $4
Do. (Spec. shares)
China Provt. L. & M. Co., Ltd. 7.90 Dairy Farm Company, Ld. .$35: Green Island Cement Co., Ld. 54 Hongkong Electric Co., Ld. ...137 Hongkong Ice Company, Ld. $190 Hongkong Rope Mfg. Co., Ld. $25 Hongkong Tramway Co., Ld. 5ł
..t.41
}
Langkats s
Peak Tramway Co., Ld. (Old) $10
.Do.
(New)90 cts. b.
$5 Philippines Ld... H. Price & Co., Id Societedes Pulpes et Papier-
teries da Tonkin Shanghai Sumatras ..............
William Powell, Limited.......64
Share, and General Brokers.
=
40 cts, for 1911,
$1,80 per share for 1913
Interim of $2) a/c 1914
Final div. of 6d making d.
per share for 1913
fInterim of T. 1 making T. 2 Xa/. 1913
(80 cts. on fully paid shares and 8 cts. on $1 paid shares for 90 cts. 75.cts. year ending 30.4.14
2.50
No dividend this year.
35 ets. for year ending 31514
f$1.25, per share for year end-
ing 31.12.1913
(50 cts, on old shares and 25
cts, on new year shares for year ending 30.6.14
$1. Interim a/c year 31.8.14
6. Des Vœux Road Central Tel. address, Rectitude.
CORRECTED TO MOON FEB., 2, 1915.,
THE TELEGRAPH DOES NOT HOLD ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATIONS.
The debtor had stated that prior to 1902 he was engaged in! Ceylon as a coffee and tea planter, but in that year returned to Eng- land and subsequently became directly interested in the promotion of a large number of rubber com- panies to acquire properties in the Federated Malay States and elsewhere. Among the number were the Cicely, the Golden Hope, Rabber Tanned Leather Co., Bangawan, Bernam Perak, Bakit, Brich, Castlefield; Rubber Securities, Ratansi, Sungei Kari, Krian, and the Escol Company. The debtor had been in receipt of an income of $1,100| per annum from his leosaadireotor and share of company profite. Be attributed bis failure to losses in
****-1/944 · connection with companies in which he had invested consider-Demand 1/9 3/16 able sums of money, inability to 30 d/B....1/9% obtain his share of the profits of 60 3/91/9-5/16: the Froduce Agency Syndicate, 4 m/s ................................1/93/8 and to liability under a bill for T/T Shanghai -78 £7,000 in respect of which he had
Private 30 d/s sight"***** received no consideration. In the absence of any proposal the oss T/T Bingapore was left in the hands of the Offstal T/T Japan, Receiver:
Solling .......
TT India
EXCHANGE.
Demand India T/T Bombay. Demand Bombay T/T. Caloutta
.13344
T/T Fran
Demand Paris... On Haiphong
133)
Demand Calcutta 1891 Demand Manila
T/T. San Foo & Na Demand, New York 43 1/8 T/T Java
7596
167/1/4
T/T, Marks
1331
Demand Germany......
Nom:
On Saigon,
2.21 2121
54% prem
On Bangkok ..........................87 1/2 Buying. 4m/n.:L/Omis.....1/976. {m}s: D/P\/LEZA1/10/
6 m/s. L/C 1/10 1/4 Z [30d/m8*ney & M; 1/104: 1800/8am Fc0&NLY 14%
4ms. Marks
Sultan Nom.
February 2n1.
Gold Leaf per tael ... $57,90. Sovereign..................$11.10 Barßilver, ready 22 5/8,
forward
SUBSIDIARY COINS. Discount per $100:
Jainese... 20 ots.places. 19%
hinese...10
Hongkong. 20 cta, pieces $1494 Hongkong 100whd157
Hongkong, 19th March, 1908
For 6 months.3 per cent dar
aanum.
For 12 months, 4 per cent per
Aзnum.
N. J. STABB.
Chief Manager.
HONGKONG SAVINGS BANK
HE Business of the above- THE
Bank is:conducted by:the HONGKONG AND SELANGHAI BANKING... CORFORATION Rules, may be obtained on sp plication, l'anni, iyi A
INTEREST, on deposita is..
al- lowed on the minimum monthly balancea at $3 per cent., per an
Depositors may transferat their option balances of $100 or more to the Hongkong and Shanghai Bank to be placed on FIXED DEPOSIT 4 per cent. per Banıma yaki 60 skudrangul
For the Hongkong and Shang- hai Banking Corporation.
N.J. STABB,
Chief Manager.
THE MERCANTILE BANK OF-
INDIA, LIMITED.
ha
Authorised Capital £1,500,000 Subsoribed. Paid Up
Reserve Fund
1.125,000
562,500
465,000
BANKERS: London Joint Stock Bank, Bank of England.
Limited.
Every description of Exchange
CIGARETTE. & TOBACCO | business transacted; FUND FOR THE ALLIED FORCES AT THE FRONT. Will these. Ladies and Gentle men who hold Bubscription Lists kindly send them to be entered | ascertained on application. up to one of the following:-
Interest allowed on Current Ao- counts at 2 per cent per annum on Dally Balance and on Fixed: Deposits at rates which may ba
"South China Morning Post," "Hongkong Telegraph.": Geo. J. B. Soyer,
19, Queen's Road Central.
APPEAL.
As the Committee are sure that many Ladies and Gentle- men are in sympathy with this"; movement to give a little comfort to the Allied forces who are fighting our battles, donations wlli
AR. LINTON
Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA:
Incorporated by Royal Charter 1853.
HEAD OFFICE-LONDON.
be thankfully received, and Sub-Paid-up Capital ...... £1,200,000 Reserve Fund£1,800,000 scription Lists can be obtained
Reserve Liability of d from any of the above;:
Proprietors.£1,200,000
PEAK
K TRAMWAY (O
LIMITED':
TIME TABLE.
Kiapo AM to
WEEK DAYE.
1,00 AM, Eyray, 15 Muc
BE-NIGHT CARS, HERE AND
FLAG.JİMİ Mvery half hours (021.00 1,16 10 11.45 1.3. Every quarter of un batır. SUNDAYS A
: 20:30 MAKİ TO ''31,10 A-M, 11:30 A.K, 10 || 110 Noo! 19.00 Noon to (200 1317
100 10
FOREIGN EXCHANGE and General Banking business trans- acted
CURRENT ACCOUNTS open- ed and FIXED DEPOSITS re- ceived for 1 year or shorter periods at rates which will be quoted on application.A
WTM, DICKSONALE, The Manager. Hongkong, 11th April, 1912. OL
OPIUM QUOTATIONS.
Dec. 19:
Malva, New PILL
$9.025 per pe
Malva, Old
219,125 AM
Pams, New
9,325 perche.
Patna, Old
$9,200
Me
10 MIN.
Вепатев, New .... Benares, Old
9,050
8.825
| NIGHT CARS won Week Days
VEL SATURDAYS: PROTECIAL CARS
By Äryengruent's lot Cómpany's Dlica;
THE ALEXANDRA CATE Cannot be Beaten, If Equsiled For Bread, Cakes, Confathomero and meals with Wines & Liquors