Commercia'.

Home Commercial and

Produce Markets. London, Jan. 1--Tua, Fark rato remaina nuchauged at 5 per cent, Tho Open market rate for abort loans is 2 per cent, and discount of four months' Bank billa 2.7/8 per-cast. The tone of the Silver market is fairly good, and bara pro now quoted at! 22 11-16-1. per cz. The improve- ment in the Rubber sharo market | has continued, and a fair number! of quo ations how improvement. According to the articles of anecciation of the Mongolian National Bank, just approved by the Russian Minister of Fiuaacon! the Mongolian Government grantų erzeession for a period of 50 on be expiration of years, which Mongolia my buy cat the bank. The head office will be at Petrograd, with a branch, at Urge, The meetings bern hald of the Pekin Spudiate, Ltd. The Produce markets have been interfered with by the Christmas Holidays, and some of the outer have not yet been. resumed. The Tea market remains. practically closed. Coffee on the spot is quintoad unchanged. Tre Sugar market is steady, price being udaltered. Spices are quite teady, but business "continues limited. Rico maintains a stendy töne, but there is Buile doing. Manila Heap quiet, but steady. Plantation Rubber is etesty, al though quiet, Standard, No. 1 Crepe being quoted 18: 11 3/4 per Ib and Sucked Sheet 24, 2.3/44. per lb. Fize Hurd Para is 28. 10...4d. per lb Straita Tin is £146 10. to £147 for cash, and £142 to £142 10. for three mouths.

The Mitsui Timber Dispute. Judgmert was given in the 'King's Bench Division, London; on December 21 in the case of Mitsui and Co. v. Mumford. The élaim in this case wra for £13,000. In giving judgment, Mr. Justice Bailhacho said that the policy covered a three months' risk of loss of timber at Antwerp caused by war, but not confiication by the Government of the country in which the property was situated. The plaintiff claimed in respect of a loss or a total constructive loss and pleaded that they had given notion of abandonment, treating the policy, as if it were a marine policy. This wee boei- ness policy, and if the facts showed a loss of the timber in commercial sense be should.hold that the plaintiffs were entitled to succeed. The fact was that} the timber remained stored in the same war, houses as at the date of the policy, and had been watched by two agents of the plaintiffs] in whose custody and under whose control it was until the end ef November. The plaintiffs spid that though the timber bad not yet been seized by the Ger mone there was strong probability that i would be confiscated or commandeered by them, and that if it was commandeered it would be represented by receipts of more than doubtful value. Bo felt, however, that he ought not judicially to assume that the Germans would commit a breach of international law and refuse to pay for the timber if they took it. Without seizure the plaintiffa could not lay any foundation for their claim. Plaintiffs took up the attitude that if the commercial venture was frustrated the under- writers were liable, and that the events that had happened involt- ed an indefinite postponement of the sale that was equivalent to a loes. At present the goods were st Antwerp. There had been no seizure, and the claim for a loan therefore could not be sustained. He gave judgment for the defendant, with coste.

Swiss Hotel Industry, The Swiss hotal industry, which has been hit exceptionally hard by the war, has lately been engaged in a lively discussion as to the advisability of opening winter sport hotels in the Alpine resorts. Despite the risks and expense, a large number of the botels at the fifteen winter rezorts of the Bernese Oberland, includ. ing Grindelwald, Adelboden, Wangen, Kandersteg, Gstaad, and Zweisimmen, have decided to open this winter,

F'tong & Shai Banking Corp-[271/-

Marine Insurances? Contou Insurance Office, Ld.1423ý b. North ChinaIns. Co., Ld....t.160 b.

THE HONGKONG TELEGRAPH, FRIDAY, FEBRUARY 5, 1915.

SHARE REPORT.

COMPARATIVE SHARE QUOTATIONS.

East' Divid

5,-SELLERS. SA-SALES ----J, BUYERS

-N-NOMINAL

STOCK.

To-day's

Closing

Prices

Number pt. Stures

Par Paid Value Up

1914.

Highest

1914.

Lowest

1915. 1915. 1/ighest. Lewent,

99th Jan. 29th Jan.

and Date

10 7101

to

How

Banks.

(£2:3 at ex 1/1056 equal to $22.80 for 1 year onding 30/6/14.

Final of $3 a/c 1912, Interim 1 of $18 a/c 1913.

Final of 10 p.c. making 20

pc. for 1919

(Final of $20 making $50 for 1912 and Interim of $30 for 1913

$825 sa.

12.000 $125 all 855

July. 700

Oct.

825

.810

50

"

350 Dec. 305 145. May. 133

Oct. 3421

340

Jan. 160

160

2,100 $250 100 847) April.700

Yangtaze Ins. Assoc. Ld.......$215 b. 12.000 $100 GO

Oct. $815

$800

20 April 1924 Jan. * · 215 ·

205

Final of $12 mak, $15 for 1912

& Int, of $3 for 1913

..$130 ..$305

by

20,000 3100 30 300 8,000 $25050 395

July 140 Oct. Feb. 368 April 395

150

150

$10 for 1912

390

$27. for 1912.

Shipping.

China & Manila S.S. Co., Ld$6 Douglas Steamship Co., Ld: $20. Hongkong, C. & M.5.S. Co.,Ld19)

b.

#.

·b.·

30,000 $25 all 10 20,000 $30

All 36.

80,000 $15 all 294

Jan. 56 Dec. 6 Mar. 271⁄2 Nov. 30

Dec. -19) Jan. 21

6

$1 for 1906

29

$3 for year ending 30'6*14

19

60,000

$66

{უვეითი

£5 }

50

Sept. 65

ន់

40,000 $10 all 49

Mar. 40

Nov.

79/-

37

Interim of 50 cls. for 4 year

ending 30:6 14 fFinal of 3% m'king & % on pre- ferred shares & 5% on de- forrod shares for year 1913 (Interim pf1/- a/c 1915 C. No. 23 ($170 per shuro, and bonus of 30 cents per share for year anding 30'4'14

BANKS

INTERNATIONAL BANKING

CORPORATION,

HEAD OFFICE: 60, Wall Street, Now York. LONDON OFFICE: 36, Bishopsgate, E.C.

BRANCHAS BOMBAY, LONDON. CALCUTTA, MANILA, CANTON. "PANAMA. CEBU.

PEKING.

| COLON," " SAN FRANCISCO.

HANKOW. SHANGHAI HONGKONG. SINGAPORE.. KOBE YOKOHAMA."

CAPITAL PAID-UP $3,250 000 RESERVE FUNDS.......... 4,060,000 |

(U.S. Gold) $7,310,000

&

All kins of FOREIGN LOCAL BANKING: BUSINESS transacted.

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

N. S. MARSHALL,

Manager.

Hongkong, 22nd Oct. 1914

THE

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

·TION.

Paid-up Capital.

.....$15.000.000"

RESERVE FUNDS:

Sterling

£1,500,000 at 2/-

$15,000,000 Bilver...$18,000,000

silver

Roserve Liability of

$33,000,000

Proprietors... $15,000,000.

COURT OF DIRECTORS. Hon. Mr. D. Landale, ChairmaD, W. I Pattenden, Esq. Deputy

Chairman.

S. H. Dodwell, Esq. G. T. M. Edkins, Esq. C. S. Gubbay, Eaq. P. H. Holyoak, Esq. J. A. Plummer, Esq. Hon. Mr. E. Abellim..... CHIEF MANAGER: Hongkong-N. J. Stabb MANAGER Shanghal-A, G. Stephen. London Bankers-London County and Westminster Limited.

41

Hongkong-Interest Allowed:

On Current Account at the rate of 2 per cent per annum on the

YOKO LIMITED.

YOKOHAMA SPECIE BANK daily balanoe.

Established 1880.

17

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

annum.

For 6 months. 34 per cent. nar

annum.

Authorised Capital Yen 48,000,000 Paid-up Capital 30,000,000 Reserve Fund..... 19,250,000 For 12 mouths, 4 per cent.” për

N. J. STABB

Chief Manager.

Head Office.-YOKOHAMA,

annum.

Union Ins Society of Cton, Ld.1815. b.

Fire Insurances. China Firo Ins. Co., Ld." H'kong Fire Ins. Co., Ld.

Indo-China Steam Navigationg

Cu. Ll Shell Tport & Trading Co., Ld.79/-

Si Ferry Company, Le: $378.

Refineries.

China Sugar Refining Co., Ld.$94 Luzon Sugar Refining Co.,Ld.$13)

Mining.

Kailan Mining Admin'tion. 32/- Kaub Australian' Gold Min-

ing Co., Ed. Tronoh Mines Ltd.

Docks. Wharves and Godowns &c. Blongkong&K.W.&G: Co., Ld.$69 F'kong & W'poa D Co., Ld. S'hai Dock& Eng.Co., Ld....51 S'hai & H'kew W. Co, Ld....91

10:00 $50 10,000 £15.

Jan. all 79

3,797,610 £1 all 106/- Feb. 70/- Sept. 82-

Final of 5% Coupon No. 4.

making 10% for year end- ing 30/6/14...

83 dividend for year 1913 Tls.5 for 1913

b.

h

20,000 $100 all 96h 7,000 $100 all 31

Føb. 70 · Nov Jan. 17 Dtc.

04

90

$3 for 1912

13

13

$3 for 1897-

$3 .25/6

·8. 1,000,000 £1

bbi '200 000 £1 160,000 £1

all 41-

all 3.10 all 39/-

Feb. 33/6 Dec.

32/

32/-

Jan.,,1.90 Nov. Feb. 19/6 Nov.

3

234 1/2 for 1909

25/6

25/6-1/- muak. 7/6 a/c. 1913

i

60,000 $50 Fall "89

Jan. 73

Nov.

70

69

$3.50 for year 1913-

$57

9.

50,000 $50 Fall 77

Jan. 53

Oct

57

5714

b.

b.

55,700 t. 100 all: 60, 66,000 t. 100 all 109

July 50

Dec.

51

51-

Jan. 8214 Dec.

$1

90

"

25,000 £.100 1.100

94

94

25. 128

b.

July 120 De..

50,000 $100 all 11734 July 98 150,000 $10 all 914- Jan. 7

00,000 $50

30 45 Jan. 44 78,000 £50 all 98

· Dec. .89 June 66

124

#124

Nov Nov. 71

114

110

·714

Feb. 44

44

Oct.

101

98

Feb. 71

683

8 100

8

95

Lands, Hotels and Buildings. Anglo French Landst.91 H'kong Hotel Co., Ld...$124. b. 12,000 $50

H'kong Land Investment Co.$110sa.xdiv, H'phreys Estate & F. Co, Ld. $71 K'loon Land&Building Co., Ed $44 Shanghai Lands

...............101

West Point Building Co, Ld.' $681 ex div. 12,500 $50 all 73

15,03) p.10 all' Manila M'pole Hotel

p. 8

H'kong Central Estates....$95b.ex div. 10,000 $100 all

Cotton Mills.

Ewo Cotton S. & W. Co., Ld. t.131 Henghong Cotton Co.

Laou Kung Mow

Kung Yik

Shanghai Cottons

Miscellaneous.

.....

China Borneo Company, Ld. $11 China Light & Power Co.,

Ld. $4

Do. Spec. shares) China Provt, L. & M. Co., LA, 7.90 Dairy Farm Company, Ld....$35 Green Island Cement Co., Ld. 54 Hongkong Electric Co, Ld. ...$37. Hongkong Ice Company, Ld. $190 Hongkong Rope Mfg. Co., Ld. $25 Hongkong Tramway Co., Ld. 51

.t.41

Langkate

គឹម

Interim of Tls 3 for 1913

Tla. 6 on 29.2,10.

$3.50 for half year ending'

30*6:14

$3 for year ending 31'12'14 50 cents for 1913

$2.80 for 1913

Interim of 5 p.c. for year end'g

30.6.13

$2.25 for half year ending 31.12.14 15 per cent. for 1910

$4.09 for 7 months ending 31.12,14

Tie. 12 for year ending 31°10′14 50 centé 31 7:08

Tls, 1.20 for year onding 30'11'14 Tis, 12 for 1913

7.90 70 cts. for 1913.

$1.50 for year onding 31'7′14 40 ote. for 1911,

$1.80 per share for 1913 Interim of $24 u/o 1914 -

$2 for 1913

Final div. of 6d, making hd:

per share for 1913

.t.84)

P.

b. 20,000 6.50 all 138

May b. 120.000 $10 .$6

June all 84 ..1134 75,00 t.10

b.

Mar. all 14 72 b. 8,000 t.100 all 110 40,000 t.50 all 135

July: 125 Mar. 7. Jan. '11

131 6

130

·B

11

112

Feb. 70

Fab. 70

May 75 Nov. 85

72

84

Tls. 10 for year ending 30'6 13.

B.

60,000 $1? all 12 May 10

50,000 $5 all4.90 July · 4 50,000 $1 all b. 200,000 $10 B. 40.000 7 b. 400,000 $10

9 G 39

b.

b.

9,000 $10 0,000 $25 60,000 $10 8. 325,000 5/-

Jan. 7 June 35 all 6.90 Jan. 5 all 49 Jan. 36 all 217 July 174 all. 25 June 22 all 13-July 7"

Dec.

April..

"Nov. 7.90

Aug, 35

11

$1.20 for 1913

.6% for year ending 28.2.05

Dec. 51

35 534

Nor. 37

Dec. .190 Apr. 25 Feb. 514

37 190

25

514

b. 200,000 x. 10 all 644 Mar. 28

b. 25,000 $10 all 10 Jan. 94 (New)90 cts. by 60,000 $10 $1. 93 cts. Jan. 75 ots. Dec.

Des. 43

39.

June

10

10

.$5

75,000 $10

5

5

36

$20

13,200 $50

*19,000 +.20

10

all

all

6 "

6

$1.50 for 1910,

20

20 * None.

135

135

20,000 $5 all 5,00 June 4 50,000 $10 all 2214 Feb. 17

Nov.

4

Jan. 18

Deo," Y

Dec. 61

Dec. 29

7

616

29

Peak Tramway Co., Ld. (Old) $10

Do

Philippines Ld... H. Price & Co., Ld... Societe des Pulpos et Papier-

teries du Tonkin...... Shanghai Sumatras.........$135 Steam Laundry Co., Ld........$4 Union Water-boat Co., Ld.......$18" Watson and Co., Ld............$7

William Powell, Limited... ...BGLE 6.

B. 90,000 $10 all 8 April 6.90

all 916 Jan. 612

all 30 June 29

2:1000-$7

b. 6,400 $25

8. C. Morning Posti.....$29

WRICHT & HORNBY,

Share and General Brokers.

FIT

98

Interim of T1 making T. 2 1 a/c 1913

(80 cts, on fully paidshares and

8 cts. on 1 paid shares, for,

90 ets. 75 cts, year ending 30.4.14

None

No dividend this year.

35 eta. for year ending 31*5;14

($1.25, per share for year end.

18{ing 31.12.1913

70' cts. for 1913

(50 cts, on old shares and 25 çis. 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 NOON FEB., 5, 1915.

THE TELEGRAPH DOES NOT HOLD' ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATIONS.

Selling

***...1/91€ Demand.....1/9 9/16 30 ₫/2..........................1/91⁄4 60 d/s.......

..1/9 5/16 4m/e

..1/9 3/8 T/T Shanghai .78 Private 30 d/s eight T/T Singapore 7556 T/T Japon ....................871/4 T/T India:

13814.

EXCHANGE.

| Demand India 13346

T/T Bombay.mittar Demand Bombay....133 T/T Calcutta

Demand Calcutta...133) Demand Manila....87 1/4 T/T. San Fioo & N‚Y.43 Demand, New York 43 1/8 T/T. Java An...1073 T/T, Marke

"An.." Nom, Demand Germany:

2.21 2.211

·614. prem| 6.

T/T Franos Demand Paris....... On Haiphong- On Saigon On Bangkok ....................874

Buving..

4

4 m/k1/Chr:1978€ 4.m/s. D/Pi...1/10

6 m/s. L/C :W1/10 1/4 - 30d/B.S'ney &M. 110. 30d/e.San F'cc&N.Y:4434 4ms Marke

4 m/aranCE **

6 m/s do

February 5th.

Gold Leaf per tael.. $57.90 Sovereign

*****$11,10 BarSilver. ready...22.5/8

forward

SUBSIDIARY COINS,

Discount per $100. Chinese...20 ata.pieces $20. Chinese...100 $205% Hongkong 20 ots, pieces $15 Hongkong 10

$15 8/8

Agencieral Nagasaki

Branches

Ansung Hsien

How bay

New York

Calcutta

Changchun

Dairen Fangue

*Marliin

Hankow

Henalatu

Koba

Liao-Yang Land.a Lyona Talogu

Newchwang

Onze

Pakin Ryolun (Port Arthur) San Francisco Shanghai Tishing

Tienda

Toles

Los Angeles

Tsingtau

Interest Allowed on Carient Accourt.

HONGKONG SAVINGS RANK

HE Business of the abovÁ THE

Bank is conducted. by, the HONGKONG AND SHANGHAI FBANKING* CORPORATION Rules may be obtained-on sp

Deposits received for fixed periode at rates to biplication.

INTEREST on deposits in al- EISHI ONO, Manager.lowed on the minimum monthly Hongkong, 17th October, 1914.

balances at $3 per cent. per an-

NOTICES.

THE CHINA PROVIDENT

LOAN AND MORTGAGE CO., LTD. (Capital Paid up...$1,250,000.)

Loans on Mortgage of House Pro perty, &o.

Goods received on Storage, Advances made on Merchandise:

Depositors may transfer.at their option balances of $100 or more to the Hongkong and Shanghai Bank to be placed on FIXED DEPOSIT 11 4 per cent. per

8nhum.

For the Hongkong and Shang- hal Banking Corporation,

N. J. STABB,

Chief Manager.

Loans made on the Provident THE MERCANTILE BANK OF

Bystem:

(Rates and Particulars on ap

plication).

INDIA, LIMITED.

Authorised Capital. $1,500,000 Subscribed

OF

Paid Up

The Office of TRUSTEE, EXECUTOR

WILLS, ATTORNEY, &o, Undertaken and Executed.

SHEWAN, TOMES & Co. General Managers; Hongkong, 19th March, 1908

CIGARETTE & TOBACCO FUND. FOR THE ALLIED FORCES AT THE FRONT. Will these Ladies and Gentle men who hold Subscription Lists kindly send them to be entered up to one of the following:-

South China Morning Post." Hongkong Telegraph.” Geo. J. B. Sayer,

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 be thankfully received, and Sub- soription Lists can be obtained from any of the above.

PEAK

EAK TRAMWAY 00.

LIMITED.

TIME TAELT

WEEK DAYS,

7:00 AM 10

kou AM, to

· Bon Am, EvgAV 15-MEN, 10,00 8,26, 32.00 audi to frog Ad

Saga AM, 10, 1943-PMC4

1945 2.30. to

10 Mar.

1.35 7.36

MTWI

1:25 1.30. 15.

20 x

164 PER, ka.

6.33 P.M. to

100 M $:09 7.1 to 130 12.

NIGHT CARS

1.- and printų, giyo PA,,İN,

11.00 JČNĚ very half bourY, A

avery, quarlar of an hour,

SUNDAYS

7.48 all to 10:30 AM. Eyner 15 Mon. TRIJUANG. 10. 15,00 A MUCH. 11.50 AM 10.00 Noom

Too Moon ID 1:00 PM) an

*2.00 7. to

бной

8.00 zasta..." 500 YİN

Reserve Fund

1,125,000

562,500

465,000

BANKERS: Bank of England. London Joint Stock Bank, Limited.

Every description of Exchange business transacted.

Interest allowed on Current Ao- counts at 2 per cent per annum on Daily Balance and on Fixed Deposits at rates which may be ascertained on application.

A. R. LINTON

Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND· OHINA.

Incorporated by Royal Charter 1859,

£1,800,000

HEAD OFFICE LONDON. Paid-up Capital.....£1,200,000 Reserve Fund....... Reserve Liability of

Proprietors....................£1,200,000.

FOREIGN EXCHANGE and General Banking business trans- acted.teatama M

CURRENT ACCOUNTS open- od and FIXED DEPOSITS re- ceived for 1 year or sporter periods at rates which will be quoted on application.

Wm. DICKSON,

Manager. Hongkong, 11th April, 1919. [2

OPIUM QUOTATIONS.

Dec. 19 Malwa, Now...#9,025 per Malwa, Old 9.125)

9.325 perche. 9,200

30 MIN 15 M

Patna, New Hatna Old

$100 2.M. 10° 1,10 2.1. NIGHT. CAR8 in on Work Days

SATURDAYS

• Extra Carʼat, to quidnight. SOLUTECIAL CARS

By, Arrangement, as the Company's Oson'

-Des Voeux Bond Je

Penares, New .. 9,050 Benares, Old

8,825

THE ALEXANDRA CAFE Cannot be Beaten, if Equalled. For Bread, Cakes, Confectionery: hand meals with Wines & Liquors

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