Commercia'.
Prospects of the Silver Market.
The remarkable movements in ths, bullion markets before and after the outbreak of war aro, reviewed in Mossre. Mroatts and Goldemid's annual circular. Re ferring to the decline in silver, the price of which is now lower than it has been for 12 years, Messrs. Moosits and Goldsmid state that in consequence of the Roanoial panic at the end of July cash silver became practically. aa-aleable, the prica having fallen from 2-1/8d, to 2343. within a few days. When the market was re-opened after the outbreak of war
"beare
were very suxious to cover their commitments, and there were several enquiries for coinage, which, in the absence of any ale or shipments from New York, were responsible for a sharp rise to 271. The fourket was batur. ally highly sensitive and the Bactuations very violaut; tbia was intensified by the knowledge that the balle osuld in case of mood take advantage of the mor. atorium whilst the bears could
ot, though in this market it may be said practically no advantage Wae taken of it. November was a month in which we saw rather wide fidotuations, and betweeD the 2nd sad the 5th the price advanced from 22:3/18), to 231., falling by the 13th to 221. (which proved to be the lowest quotation of the year), and re- Covering again to 231, by the 25th. The market, however, during the past six weeks has been distice ly steadier and the tendency alightly upward." "Turning to the futuro" the circular says, “it is considei ed probable in many quarters that most of the European Powers noW at war will eventually require silver for coinage purposes, and the prospects of the next few months certainly depend very. materially on this factor. It must also be remembered that during the early part of next yeart! era will be some very large crops to be exported from India most of which are expected to make good prices, and there is therefore a prospect | of at least a normal demand from that quarter." While enumerating the factors that may be favour- able to silver, we must also mention that the trend of produc tion is distinctly downwards. Porobases for the Royal Mint during the last five months have been very large, and as far as this country is concerned it may be therefore assumed that the bu'k Inf the demand due to the war has
been already satisfied."
Hog Bristles in China. One of the largo exports, from China is black hog bristlo. The balk of these bristles come from: the northern China and Man- churian ports, and from there generally find their way to Shang- hai, where they are collected by large dealers, assorted into lengthe of from 21 to 0 inches, if they have not been previously amort ed, and then exported, to be made into paint brushes and other articles. The assorted bristles are made up into little round bundles, averaging from 2 to 3 inches in diameter. While the bristle bus- iness, on the whole, le increasing, it is, like many other trades, tend- ing to centralisation in the large ports, and the smaller ocant places figure less and less in the export- ation, the main reason being that the facilities for acrting are not aufficient in the small ports. A dealer in an outport who can collect several hundred pounde of bristles a month finds it more to his benefit to send his lots to a large Shanghai wholesaler than to go to the trouble and or pense of having them sorted and bundled and then waiting to get together a large enough lot to make it worth his while to export, The China hog, on the whole, is not a large producer of bristles, all his body, except a strip down the back and a larger spot on the neak, being covered with hair only, while the more northern. hog of Manchuria and Siberia has a larger part of, his skin covered with bristles, Under normal conditions it takes some 100 coolies to sort and bundle, about 50 pounds of bristless day, averaging, way, one-half pound s han per diem. The total exports of bristles from Shanghai in 1912 were 36,070 pounds, valued at TIs. 2,942,388, this being largely composed of receipts from other ports.
H'kong& S'hai Banking Corp.1
Marine Insurances.
THE HONGKONG TELEGRAPH, THURSDAY, FEBRUARY 25.
SHARE REPORT.
COMPARATIVE SHARE QUOTATIONS.
S-ILLLERS "FA-SALES- 3.---BUYERS
N.NOMINAL
Tonday's
1914.
1914.
STOCK.
Gloster
Prican
Number of Shares
Par Fald Highest Value Up
Lowest
1915. 1915,
Highout, Lewest, 18th Feb. 18th Feb.
to
Lost Dividend
NOW
How
Banks,
$800 .b.
ex div... 12,000 $125
all
855 July.
700
Oct.
810
800
ນ.
S
10,00. $50 10,000 £15.
*ሳ
5.
350, Dec. 145
May
305
Oct.
133
Jan.
160
35214 950*
160
Oct.
$825
$825
225
225
12,000 $100 60
២
and Date
J£2:3 & 5/- bonus at ex 1/916.
equal to $27.27 for 14 yane onding 31/18/14
Final of $3 a/c 1912. Interim
of $18 afe 1918. Final of 10 p.o. making. 20
pc. for 1912 [Final of $20 making $50 for 1912 and Interim of $30 for 1913
Final of $12 mak. $15 for 1912
& Int. of $3 for 1913
$3 for year ending 30'6*14
.8150 $395
20,000 $00 20 160 8,000 $250 50 395
July 140 Oct. 150 Fob. 368 April 395
150
$10 for 1912
395
$27 for 1912
30,000 $25 all.] 10 36 20,000 $30 all
11 2914 80,000 $15
Jon. 516 Dec. Mar. 274 Nav, Jan. 22. Dec.
$1 for 1906
29
23
24
23
60,000 60,000
is
all '79
Jan. 50 Sept.
70
$6
all
106/~ Fab, | 70-
Sept.
87/6
851-
40,000 $10
all
Mar. 40
Nov.
37
37
Indo-China Steam Navigation,
'$70
རྒྱུུ ྃ སྐྱུ་
Final of 40 cts, making 90 ets.
for year ending 3'19:14 Final of 3% m'king 6% on pre- ferred shares & 5% on de- ferred shares for year 1918- Interim of 1/- a/c 1915 C. No. 23,
$170 per share and bonus of 30 cents per share for year ending 30'4'14
19.5.
"BANKS
INTERNATIONAL BANKING
"CORPORATION.
HEAD OFFICE: 60, Wall Street, New York. LONDON OFFICE:
36, Bishopsgate, E.C..
BRANCH:---
BOMBAY, LONDON. CALCUTTA, MANILA, CANTON. CEBU.
PANAMA.
PEKING.
COLON. SAN FRANCISCO. | KANKOW, SHANGHAI...”
HONGKONG. SINGAPORE. KOBE. YOKOHAMA, -
CAPITAL PAID-UP" $3,250 000 RESERVE FUNDS........... 4,060,000
(U.S. Gold) $7.310,000 All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted.
CURRENT ACCOUNTS open- ed and FIXED DEPOSITS received at rates to be ascertain- ed en application.
N. S. MARSHALL,
Manager. Hongkong, 22nd Oct. 1914
THE
YOKOHAMA SPECIE BANK
LIMITED.
HO
BANKS
ONGKONG & SHANGHAI
BANKING CORPORA
CTIONA
Paid-up Capital........$15,000,000 RESERVE WUNDS:
Sterling
€1,500,000 at 21-
-$15,000,000- Silver...$18,000,000
893,000,000
Reserve Liability of
Proprietors.815,000,000
COURT OF DIRECTORS. Hon. Mr. D. Landale,Chairman, W. L. Pattonden, Esq. Deputy
Chairman.
8. H. Dodwell, Esq. GT. M. Edkins, Esq. C. 5. Gubbay, Esq. P. H. Holyoak, Esq. J. A. Plummer, Esq. Hon. Mr. E; Shellim, CHIEF MANAGER: Hongkong-N. 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 balance,
ON FIXED DEPOSITS. For 3 months, 2 per cent." per
annum.
For 6 months. 3 per cent bay
Established 1880. Authorised Capital Yen 48,000,000|2: Paid-up Capital Reserve Fund ......
anaum.
30,000,000 For 12 months, 4 per cent per 19,250,000 Ann 12.
N. J. STABB;
Chief Marager.
Head Office.-YOKOHAMA,
Canton Insurance Office, Ld.352} . b. North ChinaIns. Co., Ld. ..t.160 b.
Union Ins. Society of C'ton,Ld.$895
2,100 $250 109 8475 April 700 0 b.
20 April 19211⁄2 Jau.
Yangtere Ins. Assoc. L‚d. ..........$225 b.
Fire Insurances, China Fire Ins. Co., Lda H'kong Firo. Ins. Co., Ed.
Shipping. Obina & Manila S.S. Co., Ld361⁄4á Douglas Stepmship Co., L. $29 Hongkong, C. & M.S.S. Co., Ld24.
Shell Tpert & Trading Co., Ld.87/6 n. 3,797,610 £1
Star Ferry Company, Ld....$37
Refineries,
b.
20,000 $100" all 7,000 $100 all-
96{
Fe
31
70 Jan, 17
Nov.
109
108
$3. for 1912
Dec. 19
16
$3 for 1897.
China Sugar Refining Co., Lu.$105 Ba Luzon Sugar Refining Co.,Ld.$19
Mlaing Kailan Mining Admin'tion, 32/- Raub Australian Gold Min-
ing Co., Ed. Trench Mines Ltd.
Docks, Wharves and
all 41 Feb. 33/6 Dec
1,000,000 £1
32-
321-
..
$314 .25/6
5,
200 600 £1 160,000 £1
all 3.10
Jan. 1.90 Nov.
312
all
89/-
Feb.
19/6 Nov.
25/6
• Godowas '&c. ... Hongkong&K.W.&G. Co., Ld.$69 H'kong & W'pen D Co., Ld. $57. S'haiDock& Eng. Co. Ld. Shai & H'kew W. Co., Ld....91
Lands, Hotels and Bulidings. Anglo French Lands.......91 H'kong Hotel Co., Ld. .......$124
H'kong Land Investment Co.$110 H'phreys Estate & F. Co., Ld. $64 K'loon Land& Building Co., Ld $41
.t.101 Shanghai Landa“..
West Point Building Co., Ld. $683 H'kong Central Estates.......$95
Cotton Mills.
Miscellaneous,
Chida Borneo Company, Ld, $11 Obina Light & Power Co.,
Ld. $4.
25,000 t,100 t. 100 12,000 $50 25
6838
།
日
ខ្លួនដដ
-
(Finsl of 5% Coupon No. 4.
making 10% for year end.
ing 30/6/14
1/2 for 1909
25/6_1/- mak. 7/6 a/c. 1913
$3.50 for half year ending 130'6'14
$31 for year ending 31:12:14 45 cents for year 1914)
"
Interim of 5 p.e. for year ad's
30:6.13
$2.25 for half year ending 31.12.14 $4.09 for 7 months ending 31.12.14,
ני
Branches Antung. Finlan Bombay Comú Changchun
Daires Yengilen
Harbla
Hankow Honolule
Kabe
Liao-Yang
Lond.n
Lyon
Tängtan
Agencies at
Newchwang
New York
Osaka
Pakla
Kyoipa (POM
Arthur
Shankbai
Sen Fraschaca
Tieblies Tianista
Toky
Los Angster Tsingtau
• Eninrest Allowed on Current Account. „Deposite received for fixed perioda at ratas të da
HONGKONG SAVINGS RANK
THE Business of the above Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION Rules may be obtained on ap plication.
EISHI ONO, Manager.
INTEREST on deposits is al Hongkong, 17th October, 1914.lowed on the minimum monthly balances at $3 per cent. per an-
NOTICES,
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:
(Rates and Particulars on ap-
plication).
num.
Depositors may transfer at their option balances of $100 or more to the Hongkong and Shanghai Bank to be placed on FIXED DEPOSIT at 4 per cent. per
Banum.
For the Hongkong and Shang- hai Banking Corporation.
N.J. STABB
Chief Manager
THE MERCANTILE BANK OF INDIA, LIMITED.
Authorised Capital. Subsoribed
OF
£1,500,000 ...... 1,125,000
Paid Up
10
|
Reserve Fund'
562,500 465,000
The Office of TRUSTEE, EXECUTOR
WILLS, ATTORNEY, &c., Undertaken and Executed.
SHEWAN, TOMES & Co: General Managers;
Hongkong, 19th March, 1908
》KAK-TRAMWAX
LIMITED.
b.
60,000 $50
all
Jan.
Nov.
69
69
$3.50 for year 1913.
5.
• 50,000 $50
all
Jan. 53
'Oct. 57
57
$3 dividend for year 1913
55,700 t. 100 all 60 €6,000 t, 100 all 109 Jan,
July 50 Dec. 51
8214 Deo..
51
Tla. 5 for 19/3
91
91
Interim of Tls 3 for 1913
THE
94
Tis. 6 on 29.2.10
128 July 120
124
*124*
30,000 $100, all 11712 July 98 100,000 $10 all 914
30 60,000 $50
45 78,000 t50 all 98 12,500 $50 all 73 10,000 $100: all
Nay.
110
110
Jan. 7 Jan. 44 Dec. 89
June 66
Nov. 61
64
Feb. 41
1
. $3 for 1914
Oct..
Feb -681
101
101
68
95
95
Ewe Cotton S. & W. Co., Ld. t.132. Hengkong Cotton Co.
b.
b.
20,000 6,50 all 138 195.000-$10
July 195
all
814 Mar. 7
May 192 Junė
131
814
634
Kung Yik
12
75,00 10 all
14+ Jan. 11 Mar.
12
1134 Tis. 1.20 for year ending 30'11'14
Ts. 12 for year ending 31'10'14 50 cents 317-08
Leou Kung Mow
78
b.
·8,000 1,100 all
110 Feb. .70
May
78
75
Tla. 12 for 1913
Shanghai Cottons
..t.90
ba
4,000 8.50
all
135, Feb. 70
Nor.
80
85
Tla, 10 for year ending 301€13
6.
60,000 $all
12
May 10
Deo.
11
11.
$1.20 for 1913
*
h
B.
60,000 $5 all 50,000 $1 all
4.90 July 4
April.
6% for year ending 28.2.06
b. 200,000 $10 all
9
Jan.
Nov. 8
7.95
70 cta. för 1913.
u
b
6 40.000 7 400,000 $10- ∙all
90,000 $10
39
June 35
Aug.
35
35
ali
49
b.
6,000 $25
all
6.90 Jan. 5
Jan. 36 Nov. 21714 July | 374 Dec; 190
Dec.
5+
'511⁄2
40 ots, for 1911,
-42
42
190
€0,000 $10
all
25. June 22.
Apr. 25
25
$2 for 1913.
825,000 5/-
all*
Langkate
.6.40
b. 250,000 g.10 all
13/- July | 7-
646 Mar. | 28-
Feb. 5.15
5
Des. 40
40
.
"Peak Tramway Col, Ld. (Old) $10
Do
(New)$1
25,000 $10 all
1014 Jan. 94 June
10
10
50,000 $10
$1. 93 cts. Jan. 75 cts. Dec.
$1
$1
Philippines La.........
$5
75,000 $10
H. Price & Co., Ld
$6
Societe des Pulpes et Papier-1
teries du Tonkin ..... Steam Laundry Co., Ld.........$4
Union Water-boat Co., Ld.......$17 Watson and Co., La.
$20
all 10
all
5
5
Nonė
$1,50 for 1910.
8.
"
9.
William Powell, Limited. ......$614
A.
S. C. Morning Post
$29
b.
13,200 $50 20,000 $5
50,000 $16 all. | 2214 Feb. 17. Jon. 17 90,000 $10 all 8 April 6.94 Des..
2.1'00 $7. all 94 Jan. | 61⁄2JE Dec.
6,000 $25 all 30
20
None
all 5.00 June | 4- Nov.
4:
17
7
7
70 cts. for 1913
.61€
Juno 92 Dec. 29
29
*WRICHT & HORNBY,
[Share and General Brokers.
Do. (Spec. shares) China Provt, L. & M. Co, Ld. 8 Dairy Farm Company. Ld....835 Green Telund Cement Co., Ld. 514 Hongkong Electric Co., Ld....$42 Hongkong Ice Company, Ld. $190 Hongkong Rope Mfg. Co., Ld. $25 Hongkong Tramway Co., Ld. 5.15
$1.50 for year ending 31'7'14
$1.80 per share for 1913
Interim of $2) a/c 1914
Final div. of 6d. making hd.
per share for 1918
Interim of T. 1 making T. 2 1 a/c 1913
(80 ets. on fully paid shares and
8 cts. on $1 paid shares for year ending 30.4.14
35 ots, for year ending. 31'5'14
$1.00, por share for year end-
ing 31.12.1914
(50 ctá, on old shares and 25, cts, on new year shares for year ending 30.6.14 Interim afc year 31.3.14
6. Des Vœux Road Central. Tel. address, Rectitude.
DORRECTED TO NOON FEB, 25, 1015.
THE TELEGRAPH DOES NOT HOLD ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATIONS.
Selling
Demand.....1/9 3/16 30 d/8.......1/914 60 d/s...............1/9 5/16 4/8
1/9
T/T Shanghai.......78 Private 30 d/s sight. T/T Singapore ..................2596 T/T Japan. TT India
.87 .................. *13214
EXCHANGE.
Demand India...................132) T/T Bɔmbay.............. Demand Bombay ...132) T/T Calcutta
Demand Calcutta...132 1/2 Demand Manila......871 T/T. San F'co & NY4214 Demand, New York. 42 5/8. T/T. Java T/T. Marke..:: Demand Germany,
Nom
T/T Franes.. A******* Demand Paris ***** On Haiphong.
2.212 2.21 734% prom
On Saigon..... On Bangkok... 874
* Buying.
4 m/s. TIO............1/97 [4 m/s. D/Pu..............1/10.
6 m/s. L/O1/10 1/4 30die.9'ney &M/T1/1036 50d/a.San T'ec&N.T44-/
4 m/s. Markslagnus Norg 4 m/s. Franos : 2.32
February 25th.
Gold Leaf par taal. $37.90 .811:10. Sovereigne BarBilvor. ready. 22 7/8
forward
SUBSIDIARY COINS.
Diasount per $100:
TIME TABLE.
WEEK DAYS
1:00 AM 10 3:00 pm Event 15 Min. M 10. MIX,
·15 Mar
10:00 AM to ° $1.00 A.20
ILJO A,M. 10 - SKJE POLI
·1#145-1/18; K0-
1.15 PM.
1.45 FEL
Fig. 106 to // 115 200
51 9.3
5.00 Pa
1.30 7.30
相
to Mu
試試試
AL
to Mum
18
-15.Msx.
N
30 Mar
-NIGHT CARSON
LG M1 ad o PMĄ, Bio To
1300,FRĮ - Tedy bilf boun
11.00 P.M. 20ʻRI.45 PM.
svery quarter of an home,
SUNDAYS
· 7.dÉ'AM. to .... 1030 AM, Every 15 Mtn.
1930 A. 10
1.30 A.. to
rago Noom 13.00 No to 1,00 F
·3:00 Kat: to 3.00 H 500
6.00 Y.
Los 734 18
M
15.
10 Ma
sy MTMI
10 Min.
11 11 MTM 1100 10 10 AYA 796, LOVE TO MIS,
NIGHT CARS asƐon (Weak Days,
SATURDAYS
Extra Garmin vmidnighti
PECIAL CARS
By, Arrangemens as the Company's Qlica,
Alamatőra · Bulldogs,
Des Voeux Road
SINGON & CO.
Established A. D. 1880.
Ս
RON STEEL METAL and HARD WARE MERCHANTS. Wholesale and Retail Ironmongera, Pig Iron and Foundry Coke Importers. General Store keepers and Shipohandlers, Nov. 35 and 57, Hing Loong. Bireet, (End Btreet went O ofentral Market). Telephone No. 519.
CHEAP SALE.
The undersigned, who are giv ing up business, are now sacrific ing all goods.
BANKERS: Bank of England. London Joint Stock Bank, Limited.
Every description of Exchange. business transacted,
Interest allowed on Current Ac
counts at:2 per cent per ann
on Daily Balance and on Fired Deposits at rates which may be Ferortsined on application.
A. R. LINTON
Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA, AND CHINA.
Incorporated by Royal Charter 1853,
HEAD OFFICE.-LONDON. Paid-up Capital.....£1,200,000 Reserve Fund... .... £1,800,000 Reserve Liability of
Proprietors
£1,200,000'
FOREIGN EXCHANGE and General Banking business trans- acted.
CURRENT ACCOUNTS open- ed and FIXED DEPOSITS To- seived for 1 year or shorter periods at rates which will be quoted on application.
WIL DICKSON.
Manager. Hongkong, 11th April, 1912. | 2
OPIUM QUOTATIONS.
Deo. 19.
Special terms for large Malwa, Now $9,025 per quantities. Come soon to avoid | Malwa, Old.......................... 9,125 ... disappointment.
Fatna, New 9,325. percbe. The following are a few lines Patna, Old.................... 9,200 Benares, New: M: 9,050.
carried:
Tweeds, Serges, Woollen Vests Benares, Old..
and Drawera, Woollen Socks,
Folt and Tweed Hats, Panama
| Hats," Dress and Fanry. Shirta;
8,825
Boots and Shoes, etc., etc., eto,THE ALEXANDRA CATE HERMOSKWING FAT CHEONG, Cannot be Beaten, if Equalled
Chinese...20 ots.pieces
Chinese,...10
$22 1/8 $29
Hongkong. 20 ats, pisces: $16
Hongkong. 10
$1694.
High Class Tailor. 24, Des Voeur Road Central,
For Bread, Cakes, Confectionery and meals with Wines & Liquor