Commercia',

Bank of Upper India, Allahabad, 7th March. --A meeting of the depositora and creditors of the Bink of Upper India took place under the diréc tions of the High Court at Meerut on Friday, Mr. D. Lundile John.' ston, District Judge, presiding, The meeting, which was largely attended, lasted from 10 30.a.m. until 5 in the afternoon. Da positers to the amount of over 67 lakbe, were represented, ciber in person or by proxy. On the main question of whether the scheme for the reanmption of business should be adopted in preference. to going into liquidation, there was an overwhelming majority for acolinuance, 03 lakhs being for this course against 4 for wind- ing up. Of the minority about 3 lakbe consisted of proxies from Allahabad, which were invalidat ed by the non-appearance of the proxy bolder, but in the circumstances the accident did not signify, the large majority fr continuance shows the confidence: of those connected with the tank in its future prospects.

Coconut Cake as Cattle Ford.. From the results of the numer- aus feeding trials.referred to in the Bulletin of the Impsial la- stitute, the following conclusions may be drawn: (1) Coccnut cake forms an excellent foding- stuff for milch cowe, when fed at the rate of 4 lb. to 5-lbe, per head per day. "It tends to prc-| duce a firm bulter, and is thur especially well suited for freding during warm weather, and t counteract the affect of freding Etuff which tend to give a wit butter. The lesults so far a vits- effect on the milk yield la con- cerned appear to be inconclusive, and further trials to elucidate this point are necessary, (2) The cake may be safely fed to fattening catile at the rata" ef│· about 4 lbs. per bend per day, without detriment to the animal or the quality of the meat. (3) The meal is suitablo se o food for pige, but owing to its relatively high price compared with menle usual. ly used for pig feeding, it in doubtful whether it could be e- ployed profitably for this purpose. (4) Walp'regard to the Iceding value of cr couut meal for horses, it has been shown that it can re- place an equal weight of oats in & ration without adversely offcc- ling the animal. When all the factors are taken into account coconut cake is cheaper than linseed or rottensced cakes at the rales prevailing recently, and that the difference in pries per food unit per ton represents on "con- siderable advantage to the faimer | who uses coconut cake in pre#l ference to linseed and undecorti oated cottonseed cakes."

Shanghai Cotton Market, Mr. "A. B. Rosenfeld's Cutton Market Report for the week ending 8th April, 1915, is as follows:-

Obiza Cotton.We have had o very still market during the past week, with prices showing su advance of about Tia. 1.20, the first real reaction during the last couple of weeks. Locally a great deal of nervousness Las been osused by the gradual rice in Mid-Americans, followed by the short commitments from the in- terior marta, in consequence of which the merket has been bullëdi at every favourable opportunity. Whether an abundent supply will follow in sympathy with the ex- this treme advance, witcereed week, still remains a problem to be solved. Should the Farmers still hold aloof for higher prices this will naturally bring about an artificial scarcity which will be the principal measure of the Farmera in custaining the market, in which case few operatore will be willing to take the risk of Beling the other man's properly. What the ultimate effect may be within the next few weeks de- pende solely on the balance of the crop left in the hands of the Far- mors, and from reports to hand there is hardly any likelihood of a famine in Cotton. The general opinion is that there is at least 40 per cent still left in the interior marts; this estimate being con- sidered by many as very conser- Valive. Considering the immediate j future, therefore, it looks sa if present prices will be maintained with every possibility of a further advance" in response to every improvement in the yarn market, and particularly the attitude Spinners will take

10

covering

their requirements. Tone of the market, Strong.

"

Banks.

H'king& Shai Banking Corp.)

Marine Insurances,

Canton Insurance Office, Ld.265 North China Ins. Co., Ld. ...t.130

THE HONGKONG TELEGRAPH, MONDAY, APRIL 19, 1915.

SHARE REPORT.

COMPARATIVE SHARE QUOTATIONS.

S. SELLERS FA-SALES P-BOYERS

P. NOMINAL

" STOCK.

To-day'a

Closing

Prices

of

* ShareR

Number Tar Fald Value Up

1914.

Highest

1914.

Lowest

1915. 1915. Highest, Lowest, Dik Apr. 9th Apr.

Last Dividend

and Date

10

to

Встр

How

:

13

Final of $15 mak:$18 for 19'3

Final of 40 cts, making 90 ots

1 for year ending 31.12.14 (Final of 3% m'king 6 % on pre-

ferred shares &.5% on de. ferred shares for year 1913 (Interim of 1/-a/o 19140. No.23

BANKS

INTERNATIONAL BANKING.

CORPORATION.

HEAD OFFICE : 60. Wall Street, New York. LONDON OFFICE:· 36, Bishopsgato, E.C.

BRANCHEN

11.

BOMBAY. LONDON. CALOUTTA. MANILA. CANTON. PANAMA. CEBU. "PEKING. COLON, SAN FRANCISCO. HANKOW, SHANGHAL HONGKONG. SINGAPORE. KOBE. YOKOHAMA

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

(U.S. Gold) 97,310,000

All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted, m

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

N. 8. MARSHALL,

Manager. Hongkong, 22nd Oct. 1914

THE

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

TION.

Paid-up Capital

RESERVE EUNDS:

Sterling

-£1,500,000 at: 26-

$15,000,000 Silver...$18,000,000

Reserve Liability of

Proprietore...

$33,000,00

$15,000,0ED COURT OF DIRECTORS Hon. Mr. D. Landale-Chairise, W... Pattenden, Esq. Depuky

Chairman,

8. H. Dadwell, Esq. G. T. M. Edkins, Esq. C. B. Gubbay, Req. P. H. Holyoak, Esq. J. A Plummer, Beq Hon. Mr. E: Shallim,

E

CHIEF MANAGER- Hongkong-N. J. Stat

MANAGER Shanghai-A, G, Stephon London Bankers-London County and Westminster Limited.

YOKOHAMA SPECIE BANK Hongkong-Interest Allowed

LIMITED.

Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital

30,000,000 Reserve Fund

114

On Current Account at the raÈS- of 2 per cent. "per annum on the daily balance.

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

annum.

19,600,000 For 6 months. 31 per cent phr

Newchwang

Окака Paklu

Ryoina (Port

Artbar) San Francisco Shanghal". Tishling

annum.

For 12 months, 4 per cent pes

annum,

N. J. STABB

Chief Manager

HONGKONG SAVINGS BAKE

Union Ins.Society of Cʻion.Ld.$910 wn.

Yangtaze Ins. Assoc. Ld......$224

Fire Insurances, Caina Fire Ins. Co., Ld.......$150 F'kong Fire Ins. Co. Ld....$380.b.

Shipping.

China & Manila S.S. Co., Lassi4' Douglas Steamship Co. Ld. $364 Hongkong, C. & M.S.B. Co., Ld 2214

Indo-China Steam Navigations94

Shell Tport & Trading Co., Ld.91/6

Star Ferry Company, Ld.

Refineries. China Sugar Refining Co., Ed.8112 Luzen Sugar Refining Co.,Ld.$28

Mining. Kailan Mining Admin'lion. 34- Rouh Australian Gold Min-

"ing Co., Ld....

$31 Tronoh Mines Lid.

.32/6

Docks, Wharves and

Godowns &c.

fi'kong & K.W,.&G. Co., Ld. 866 H'kong & Wrea D.Co.. Ld. ...$57) S'hai Dock& Eng. Co., Id:...53 S'hai & 'kew W. Co, Ld. ...83

5838-

Final of 5 % Coupon No. 4.

...

Interest Allowed on Current Account, Deposits received for Gaed periode at rates toʻba Liined on application,

DISHI ONO, Manager. Hongkong, 15th March, 1915.

NOTICES.

CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.

$800". s.)

£76/-/-

120,000 $125 all

855 July. 700

Oct.

800

860

£2: 3 & 5/- bonus at ex 1/94

equal to $27.27 for 4 year ending 31/12/14-

b.j

10,000 $250 10,000 £15 £3 b.l

30

350 Deo. 305 145 May 133. Jan.

Oct.

365

365

180

175

Final of $9 s/d 1912. Interim...

of $18 a/c 1913, Final of 12 p.o. making 25

P.c. for 1913

12,400 $250 100 | 847) April

-12,000 $100 60 20 April 1926 Jan.

700

Oot.* $910

$910

(Final of 820 making $50 for 1912 and Interim of $30 for 1913

+-124

221

& Int, of $3 for 1914

20,000 $100. 20 160 8,000 $250 60 395

July 140 Oct. 130 Feb. 368 April 380

130

$9 for 1913

380

$27 for 1913

30,000 $25 all 10 Jan. 54 Doc. 20,000 $60. all 36 Mar. 274 Nov, 80,000 $15,' "all | 291⁄4· Jan. 22 Dec.

51

$1 for 1906

36

36

$3 for year ending 30'6*14

2216

22

b.

f 60,000.

60,000 £ B. 3,797,610.£1

all 79 ...Jan. 50

all 106-Fob. 70/- Sept. 91/6

Sept.

04

04

91/6

Head Ofoe-YOKOHAMA,

.$36

S. 40,000 $10

all

49

Mar. 40% Nov.

36

36

$1.70 per share and bonus' of 30 cents per share for year onding 30*1*14

Branches

Agencies at

Antung-Hafen

Nagasak

Bombay

Calcutta

New York

Changchun

Dairon

Yengtian

Haraln

Hankow

20,000 $100 all

7,000 $100 all 3

961 For, '70. Nov.

112

112

$3 for 1912

Honolula

Kobe

Jan. 17 Dec.

28

28

$3 for 1897

Llan-Yang

4

Tientain

Lond.

Toky

Lyone

Les Anges

Tingue.

Taluzz

+

1,000,000 £1 .. all 41 Feb. 33,0 Dec.

200000 £1 All 3.10 Jan 1.90 Nov. 160,000 £1

39/- Feb. 19/6 Nov.

34/-

making 10% for your end-

ing 30/6/14

R

316

2 for, 1909

32/6

32/6

mak. 7/6 a/c. 1913

'all

€0,700 $50 50,000 $50 all 77 Jan 53 5,700 t. 100 all 60 July 50 36,000.t: 100 all

169 Jan.

Jan. 73 Δίον. 66.

66

$3.50 feryear 1914

Oct.

576

57"

$3 dividend for year 1914

THE

Dec.

53

Ils. 5 for 1913

8814 Dec.

85

85

Tle, 5 for 1914

Lands: Hotels ord Buildings, Anglo Fireh Lands... Fi?hong Pale} fim, Lù ......318.

*t.94

H'kong Land Investment Co.$110

13,000 6100 6:100] 20,000 $50 50 128 July

50X00 $100 all. 11714 July 8.8

94

94

Tis. 6 for year ending 29.2.14

120 "Dec.

118

118

($2.30 for half year ending

311214

K

Ιον.

116

110

$33 for year ending 31*12*14

914 Jan, 7.

Nov.

6.80

GA

45 cents for year 1914--

6,000 $50

.b

20

45) 38,00 1.50 all 98 19,500 $50 all 73 10,000 $100 all

Jan. 44

Feb.

40

40

$3 for 1914.

Deo. 89

June 66

Oct. 101

101

Feb.

683

68)

95

95

$2.25 for half year ending 31.12.14 $4.09 for 7 months ending 31.12.14

Celton Wills.

Ewo Cotton S. & W Co.,L.d. 1.135 Hergkeng Cotton Co....$61 Kung Yik

E

b.

20,000 ton all 138

July 125.000 $10 all 214 Mar. .124 75,00 1.10 li 144. Jan. 8.00 1.100 all b.

110 Feb. 70 40,000 1,50 all' .t.£8) b.

135 Teb. 70

195 7 11

May June

195

135

Tls. 12 for year ending 31*10:14

: 631

634

50 cents317:08

Mar.

1216

124

May 85

85

Nov. 90.

I

b.

b

1.

$12 all'

20,000-$5 all 50,000 $1 ́ all 1:5, 00 $10 all

40,000 7 400/10 10

€ all all

12 May 10,

4.80 July 4

.9 Jan. 7

39 June 35 6.90 Jan. 5

Deg.

11

April 44

Nov. 71

72

70 cts, for 1914

Aug. 34

34

$1.50 for year ending 31'7'34

Deg.

61

614

50 cts.for 1914.

b.

6,610 $10

19 Jon. 36 5,000 $25

all 21734 July | 174 60,000-$10 all 25 June 22

Nov. 40

40

$1.80 per share for 1913..

Dec:

*184.

184

Final of $6 mak ng $8 for 1914

325,000 5/

a}} 13 July 7-

A pr.

Fob. 3.10

264

2614

Final of 81 making $2 för 1914

5

1,37

b. 250,000. g.10 all 64 Mar. 28 Dec. $736

36

25,000 $10 54,600 $10 $1,

all 1016 Jan. 94 June

10

10

93 cte. Jan. 75 cts. Dec.

$1

$1

i

F

(80 cts. on fully paid shares and 8 cts, on $1 paid shares for year ending 30.4.14

.85

75,000 $30 all

5

None

7.42 AM 20 10.30 AM, EVexy 19 Min. 10:30 AM to 77,03 AM 11.10 A.M. LA 14.00 NOON 1.DO NOON 1000..

1.00 2.4 to

5:00 PM 5002, ta 6.00 1,1 3.00 7. LO

7.00 7 $100 Fal, ta 4.10 3.1.

10 MIN

"

3 MIN.

LO MIN

* MINI

L1

10 M1,

"

EN ZAM

10 MID

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

teries du Tonkin... Steam Laundry Co., Ld.........34.

..$5

12,000 $10, 10:

$1,50 for 1910.

$20

13,200 $50 all

20

20

None

..

I.

8. C. Morning Post...$29

b.j

20,000 25 all 500 Junë 14 27.723 $10

17 all 2214 Feb.

176 90,000 $10 all 8 April 6.90 Dec. 7

21.500 $7 all 914 Jan. 63% Dec. 6ந்

6.00 $25 all 30 Juve 92 Teo. 29

Nov. 334

.37

Jan.

636

29

WRIGHT & HORNBY,

Share and General Brokers

H'phreys Estate & F. Co., Ld. $6.80 b. 100,000 $10 all K'loonLand& Building C, Ld $40 Shanghai Lands West Point Building Co, Ld. 868) H'kong Central Estates.

*... $95

Laon Kurg Mow Shanghai Cottons

Miscellaneous.

1.101

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

Ld. $4

Do. (Spec. shares).

China Piot, L. & M. Co., La. 234 Caby Farm Company, Ld....$24 Green Island Cement Co.Ld....61. Hongkong Electric Co., Ld. ...44) Hongkong Tea Co., Ld. ......$184 HongkongRope Mfg.Co.,Ld....$2G). Hongkong Tramway Co., Ld, 5 05

Langkats

Peak Tran way Co., Ld. (Old) $10

Do

(Now) $1

واز

Philippines I.d......

Union Water-boot Co... Ld.............$17 Watson and Co., Ld. $7

William Powell, Limited.

T/T

Demand

· 30 d/s· 60 d/a....... 4 m/8.

יי.

Final of 6 p.c. meking 12 p.o. 1 for 1914

Tle. 1.20 for year ending 30°11′14 Tls, 12 for 1913

[

Div. Tls. 6. Bonus Tls. 4. Extra 1Bonus Tls.1,year end'g 30'6'14

$1.20 for 1913

FJ

6% for year ending 28*2.06

#

Final div. of 6d. making 7d

per share for 1913 fInterim of T. I making T. 2

afo 1913.

35 cta for year ending 31'5'14

f$1,00, per share for year end-

ing 31,12,1914

70 cts, for 1913

50 cts, on old shares and 25.

cis. on new year shares for year ending 30.6.14

$1. Interim alo year 31.8.14

6, Des Voeux Road Central. Tel. address. Rectitude. CORRECTED TO NOON: APRIL, 19, 1916,

THE TELEGRAPH DOES NOT HOLD ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATION,

Selling.

1/934 ..1/9/13/16

..1/976. ....1/9 15/16

..1/10.

T/T Shanghai.....78 Private 30 d/s sight T/T Singapore........ 77.7/8 T/T Japan

T/T India 1361/2

Demand India 13634 T/T Bombay:

Demand Bombay ...1361.

T/T Calcutta.. Demand Caloutta 1961 Demand Manila..89 1/4 T/TSan Fto & NY.435% amand, New York 434 T/T Java..............11036 T/T Marks................Nóm. Demand Germany

EXCHANGE

T/T Francs.

2.30.7 Demand Paris 41-, 2.301) On Haiphong......74% premi On Saigon... On Bangkok! 85

Buying. 14 m/s. L/C ... 1/10 1/2:

4m B. DP.....1/1056 6 m/s. L/O *****1/1036 30 d/s, S'ney & M, 1/10 30.d/s. Ban F'co & NY.45 1/8

4 m/s, Marks...................Nom.

4 m/s.Franes.............2,41

10.5 April.

16 m/s. Francs....2.46

Gold Leaf per tául:$56.90 Soveralin $10.80 nom. Bar Silver ready...23 9/16 forward **** SUBSIDIARY COINS.

Discount per $100: Chinese20 ots. pieces $1694 Chinese...10

$17 Hongkong.20 ota. pieces $12 Hongkong.10

$1256

(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).

OF

The Office of TRUSTEE, EXECUTOR

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

SHEWAN, TOMES & Co. General Managers.

Hongkong. 19th March, 1908

PEAETRAMWAY CO.

LIMITED.

TIME TABLY

WEEK DAYS.

10 5.00 ..Einr 15 Min.

1.00 4 1,00 AM, 10 10.00 a.) to 1430 4, to 18:45 W. WE LO

35 PM. TO

* IM. Lo

4.35 44. 13 THOD TM) 10

19.00 A.M. 11.00 A.K! 21.45

1. ..

· 1.45 PM)

4.15 MI

+

$100 M £20 7.MF NIGHT CARS. ·

1 Mix.

AP

13 Min.

10 MIN.

15 Min.

24

J

J JO MI

A. .k! and p-1, 9:30 par, to

11.00 IM very half hours

15.00 1.34. to SIMS PH mvay quarter of an hour,'

SUNDAYS.

NIGHT CARS as so Week Deja,

SATURDAYS.

Extra Caz 81, 1s midaight,

SPECIAL CAREST 'Ardangement at the Colopany's

Alarandra Bafidings,

Das Voeux Bond

SINGON & CO.

Established A. D, 1880. IRON, STEEL METAL and HARD WARE MERCHANTS. Wholesale and Retail Ironmongers, Pig Iron and Foundry Coka Importers. General Store. keepers and Shipohandiers, Nos. 35 and 37, Hing Loong Street, (2nd Street west of Central Market) Telephone No. 515

HE Business of the above TH

Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION

Rulea may be obtained on ap- plication.

INTEREST on deposite in a lowed on the minimum monthly balances at $3 per cent. per an num

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

annum.

For the Hongkong and Shang- hai Banking Corporation.

N. J. STABB

Chief Mansge

THE MERCANTILE BANK OF INDIA, LIMITED.

Authorised Japital.....£1,500,00 Subsoribed Paid Up Reserve Fund

1,125,000 562,500 500,000

BANKERS: Bank of England London Joint Stock Yank

· Limited.

Every description of Exchange

business transacted.

Interest allowed on Current Ão- counts at 2 per cent par aUARE on Daily Balance and on Fixed Deposits at rates which may be ascertained on application,

ARLINTON

Manager..

THE CHARTERRD BANK OF INDIA, AUSTRALIA "AND CHINA

Incorporated by Royal Charter 1839.

HEAD OFFICE-LONDON. Paid-up Capital £1,200,000 Reserve Fund...£1,800,000 Reserve Liability of

Proprietors FOREIGN EXCHANGE and General Banking business trans- acted.

£1,200,000

CURRENT ACCOUNTS open- od and FIXED DEPOSITS re- ceived for 1 year or shorter període at rates which will be quoted on

From MONDAY, the 12th Inst, application.

LADIES'

Up-to-date Ready-Made

BLOUSES

CLEARANCE SALE

FOR ONE WEEK ONLY

KOMOR & KOMOR.

Des Voeux Road,

Alexandra Building: Hongkong 10th April, 1915-

Wm. DICKSON

Manager. Hongkong, 11th April, 1912. [2

OPIUM QUOTATIONS.

Malwa, Newm Malwa, Old ... Patna, Now

Feb. 25

$9,100 per

9,200 9,825 percha

Patna, Old ...... 9,200 Benares, New 7 9.050

| Bonares, Old........ 8,950

THE ALEXANDRA GATE Cannot be Beaten, if Equalled. For Broad Cakes, Confectionery

and meals with Wines & Li

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