Commercial.
Armstrong Whitworth Report.
The report of Armstrong, Whitworth and Co, isacod (1) April 28, shows a disposable balance of £1,126,001, including £323,718" brought forward from last year. It is proposed to transfor £200,000 to "the general reserve and pay a dividend of 12.1/2 per cent. on the Ordinary! shares, which, together with £90,000 payable tho Pre- ference shares," will absorb £501,652, and to carry the balance forward.
Indian Yarn Trade in China,
the course of a speech made it the annual meeting of the Bom- bay Millowners' Amato, the Chairman, Mr. Narohem Morargi Goculdas made the following alatement with regard to the de- eline of the Indian yra trade with China:
4
To a very large extent it is the fault of the Indian mills that they are allowing Japanese yard to Bleal a marsh over their own. In- -dian yarn is very defective.com. pared to Japanese yarn in the quantity of reeling strength, or- derly bundling, packing and so
on.
"On the other hand, the Japanese are pulling forth every effort to diminish coat of product- ica so as to undersell Indian yarn, and at the same time to con- sult the tzate'and the sentiments of their numerone customers. If Indian millowners continue the laissez faire policy of the last few years, it is to be feared that a large portion of the Indian ex- port trade will be entirely gone. Unfortunately for our industry, no concerted action was taken sitheir to reduce the prolaction or to induce a quicker off-take with the result that, with colton again in the vicinity of 03. per Ib, & "bad" and somewhat irres- pansive market, and a huge stock of manufactured goods on hand, even the current year does not give more hopes of prosperity than did the year under review.
**Manchurla's Trade,
A British Consular report on Manchuria says that the quality of British articles is often un- necessarily high for the market. The fret essential is cheapness, and a lower grade of merchandise will, meet the requirements of the purchaser equally well. Com. mercial travellers who make a round of the retail establishments once or twice a year will find plenty of business. They should be pre- pared to unt up gco lsinsmall lote. The majority of Japanese shops appear to buy their gcode in салев such Japan. Ja eome
merchandiss may come from a bonded warehouse, but the terms of payment allowed by German merchants will often induce Japanese shopkeepers to buy. already goods, which have
Paid Japanero import duty, British manufacturers sending their goods to the Japanese mor- ket would be wise to have their trade marks" registered in Tokio. Generally speaking, most of the business at Tairen is done on a c.i.f. basis, the vendor drawing on the buyer at 90 days sight. Some business is done on a f.o.b. basis. Much business, however, is done! on <ther conditione,, principally cash against documents, which ie usually interpreted by the buyer se cash on receipt of goods,
in con-
Ji
Hokkaido Timber. The estimated empant of in port of Hokkaido timber to Manchuria this year is about 100,000 pieces of timber each of a foot square and 12 ft. in length, valued at about 1250,000 which is about half the total of last "year. The average annual importa from Hokkaido to Manchuria have yet rarely sunk below Y500,000. This estimated falling-cft is, we hear, rounded on the general business depression sequence of the War and also the comparatively large elock held over from last year. The timber season of this year was backward in its reopening by about a month owing to the belated advent of the thawing season. The timber season was introduced when the steamer freights were very stiff, Į and this and a few other con- siderations have made it impos- Bible to lower the raling price. Moreover, as the Sino-Japanese crisis, threatens to calminate in ruptare, the leading local timber dealers are oasting about for some means to get rid of their stocks. The first import consignment from Hokkaido this season took placa about the 10th instant
11
THE HONGKONG TELEGRAPH, FRIDAY, JUNE 4, 1915.
SHARE
REPORT.
COMPARATIVE SHARE QUOTATIONS.
5.-SELLERS SA-SALES B.-DUTERS
K.-NOMINAL
1914.
1914.
To-day's
STOCK.
Number Par Pald Highest Closing of Value Up
Sharon, Prices
Lowest
1915, 1915.
Highest, Lowest, 14th May, 14th May.
Lam Dividend
and Date
10
now
to HOW
£23/4 & 3/- bonus at ex 1/94
equni to $27.27 for 14 year ending 31/12/14 -
(Final of $4. a/c 1913. of $18 a/c 1914. (Interim of 12) p.c. for 1914
Interim,
Banks.
SEC5
H'kong& S'hai Banking Corp.)
120,000 $125 all
855 July 100 Oct.
805.
790
£76/-1-
$8.
b
10,000 $250
10,000 £15 £5
145
350 Dec.
May
305. Oct.
370
133
Jan. 170
260
170
12,400 $250 100 847 April
700 Oct.
1860
$855
b.
12,000 $100 GO
2:0 April 19214 Jan.
225
Į Final of $15 mak. $18 for 1913-
& Int, of $3 for 1914
Marine Insurances, Canton Insurance Office, Idl.370 North China Ins. Co., Ld. t.170
Union Ins. Society of Clon,Ld.4857) » s
Yangtze Ins. "Assoc. Ld.......$225
Indo-Chinn Steam Navigation198
Cọ, Lư
Shell T'port & Trading Co. Lä.93/6
$37 s. ex Stat Ferry Company, Ld....... div. s.
Refineries.
China Sugar Refining Co./Ld.$113 Luzon Sugar Refining Co.,Ld.$276 s.
Mining.
Katian Mining Admin'tion. 33- Raub Australian Gold Min-liv.
ing Co., Ld.".
Tronoh Mines Ltd.
Decks, Wharves and
Godowns &c
H'kong & K.W. &G. Co., Ld. $70 H'kong & W'poa D. Co., Ld....$6214 1 ShaiDock& Eng. Co., Ld.....51. S'hai & H'kew W. Co., Ld. 80
I ands. Hotels and Buildings. Angle French Lands..... H'kong Hotel Co., Ld.
Il'kong Land Investment Co. $108 H'phreys Estate & F. Co., Ld. $7. K'icon Land& Building Co., Ld. $40 Sharghai Lands
78,000 1.50
ཅི ཚུ་ ོ ུ་
03
(Final of $20 and bonus of $5 making $55 for 1913 and Interim of $30 for 1914
Final of 40 cts, making 90 cts 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/c 1914 C. No, 23
BANKS
BANKS
INTERNATIONAL BANKING HONGKONG & SHANGHAI
CORPORATION
HEAD OFFICE:
60, Wall Street, New York. LONDON OFFICE:
36, Bishopsgate, E.C.
BRANCHES :-
ROMBAY. LONDON. CALCUTTA, MANILA. CANTON. CEBU.
PANAMA. PEKING. COLON. SAN FRANCISCO. HANKOW: SHANGHAI M HONGKONG, SINGAPORE. KOBE. YOKOHAMA
CAPITAL PAID-UP $3,250 000 RESERVE FUNDS...... 4,120,000
(U.S. Gold) 97,370,000| All kinds of FOREIGN & LOCAL BANKING BUSINESS transacted.
CURRENT ACCOUNTS open- DEPOSITS ed and FIXED received at rates to bo ascertain- ed on application.
N. 8. MARSHALL,
¡Manager.
Hongkong, 22nd Oct. 1914
THE
BANKING. CORPORA
TION.
| Paid-up Capital .........$15,000,000
RESERVE FUNDS:
Sterling
£1,500,000 at 27-
$15,000,000 Silver ... 18,000,000
Reserve Liability of
$93,000,000
Proprietors $15,000,000
COURT OF DIREUTORS. Hon. Mr. D. Landale.--Chairman. W. L. Pattenden, Esq – Doputy,
Chairman.
S. H. Dodwall, Esq. G. T. M. Edkins, Esq 0,8. Gubbay, Esq. P. H. Holyoak, Eag J. A. Plummer, Esq Hon. Mr. E. Shellin
CHIEF MANAGER Hongkong-N. J, Stalk.
MANAGER" Shanghai-A. G. Stephen. London Bankers-London County and Westminster, Limited.
Hongkong Interest Allowindla
On Current Account at the ints of 2 per cent. per annum on the
JOKOHAMA SPECIE BANK daily balance...
LIMITED.
Established 1880. Authorised Capital Ten 48,000,000 Paid-up Capital ... 80,000,000 Reserve Fund...... ..
[Final of 5% Coupon No. 4.
TIE. 6% for year ending 29.2.14
($2.50 for half year ending 131124
Final of 6 p.c. making 12 p.c.
for 1914...........
China & Manila 6.S. Co., La$4.80 Douglas Steamship Co., Ld. $48% Hongkong, C. & M.S.S. Co, Ld. 23
Fire Insurances.
b. .8123 China Fire Ins. Co., Ld. Il'kong Fire Ins. Co., Ld. .....$387) b.
Shipping.
20,000 $100 20 8,000 $250 00
160 395
July 140 Oct. Feb. 368 April
133
130
$9 for 1913
3874
·385
$27 for 1913
b.
s.
b.
all 10 30,000 $25
all 36 20,000 $50 80,000.$15 all 2014
Jan. 516 Mar. 27 Jan.
Dec.
4.90
4:80
$1 for 1906
Nov.
51
45
$3 for year ending 30.6.14.
22 Dec. 23
23
རྨ་
60,000
50 79 Jan. £5} all 1,60,000 .3,797.610 £1
Sept.
98
all 106/ Fub.. 70/- Sept. 93,6
93/~
I
40,000 $10
all
49
"Mar.
40
Nov. 39
36
($1.70 per share, and bonus of ··· 30 cents per share for year ending 30'4'14
82.
20,000 #100 all 7,000 $100 all
961 31
Nov. 117 Feb. 70 Jan. 17 Dec
291
111
$3 for 1912
2716
$3 for 1897
&
s.1,000,000 £1·
-$3.70 b 200,000 £1 -32/6
K 160,000 £1
all4
Feb. 33/6 Dec. 33/6
33/-
making 10% for year end- ing 30/6/14
all
3.10
Jan. 1.90 Nov.
.3.70
3.60
1/2 for 1909
all
39
Feb. 19/6 Nov.
32/6
32/6
1-mak.7/6 a/c, 1913
Y
€0,000 $50
59
Jan. 73
Nov.
72
69
$3.50 for year 1914
60,000 $50 all
77
Jan. 53-
Oct, ...
621
57
$3 dividend for yeur 1914
65,700 t. 100 all 38,000 t. 100 all
60
July 50
Dec.
51
Tls. 5 for 1913
109" Jan. 8216 Dec.
83
80
Tla. 5 for 1914
.£.94 .$114
1
13,000 1,100,100 #0,000 $50, 50
50,000 $100 all
94
94
8.
150,000 $10 alt
94 Jan.
·6,000 $50
453 Jan.
128
11716 July98
7
Feb. 44
July '120 Dec.
114
112
11
Nov. 108
108
Nov. . 7
40
40
$3 for year ending 31'12:14 45 cents for year 1914 43 for 1914
4.106
b.
19,500 $50 B... 10,000 €100.all
98 Déc.
73 June
89%
66
Oct.
1C6
.101
Feb. 7Ch
ww
100
70 100
.$73
Kung Yik
14
Laou Kung Mow
.89)
Shanghai Cottons in Shai
.t.98
20,000 (50 all 138 July 125.000 $10 all 84 Mar. 7
11 75,000 .10 all 141 Jun..
110 8,00 1.100 all
Feb. 70 40.000 1.50 all
Fer. '70 135
125. May 163
152)
June
Mar.
7} 1434
7
Tls. 12 for year ending 31'10'14 50 cents 317 08
May 69 Nov. 59
134 b..86
974
Tls. 1.20 for year ending 30°11′14 Tis. 12 for 1913
•
•
Miscellaneous.
China Borneo Company, Ld, $10 China Light & Power Co.,"
Ld. 802
CQ,000 $12 all
12
May 10
I
b.
20,000 $5 ali 50,000 $1 all all 125,000 $10
6 40.000 7
4.90 July 4
e.
400,000 $10
all
60,000 $10
all
9 Jan. 7
June. 35 39
5 6.90 Jan. 49 Jon. 36
Dec. 10
April 4
Nov. 84
34 Aug. Dec. 6.90
10
8.00 70 cts. for. 1914
34
6.70
50 cts. for 1914.
Nov.
43
41
$2.00 per share for 1914
6,500.425
B.
60,000 $10
all all
| 21716 July 174
Dec.
184
184
25 June 22 13/- July 7. b325,000 5/- all b. 250,000 g. 10 all 6434 Mar. 28
25,000 $10 all 10 Jan. 9 June 30,000 $10 $1.93 cte. Jan. 75 cts. Dec.
Apr.
261
264
*5.10 Feb. 5.20
Dec.
42
40
10
10
$1
81
..$5 *...
-}$20
b.
75,000 $10 all
10 12,000 $10 13,200 $50 all 20,000. 95 27,720-$10
A
None
5
5
$1.50 for 1910.
20
20
None
S. C. Morning Post
b.
30
all 500 Juno 4'
161 all 22 Feb. 17 90,000 $10 all 8 April 6.90 Dec. 7.10
71.000 87 Call 94 Jan. 614 Dec.
92 Tec. 29 June all 0,000 $25
Nov. 31%
3.30
35 cts, for year ending '315′14
Jan.
163
7.10
64
29
WRIGHT & HORNBY,
Share and General Brokers
West Point Building Co., Ld. $71 'kong Central Estates $100
Cotton Mills.
Ewo Cotton S. & W. Co., Ld, 1.140 Hongkong Cotton Co..
To. (Spec. elares) China Provt. L. & M. Co., L. & Dairy Farm Company, Ld....$34 Green Island Cement Co. Ld....6.85 Hongkong Electric Co., Ld. 99 x dív b. Hongkong Ice Co., Ld.....$184 HongkongRope Mfg.Co., Ld....$26) Hongkong Tramway Co., Ld. 5.10 ............$.42
Langkate
Peak Tramway Co., Ld. (Old)49.30 x ̈div. Do (New) 90 cis. x dív.
..24
Philippines Ld......... H. Price & Co., Ld....... Societe des Fulres et Papier-L
teries du Tonkin .................................. Steam Laundry Co., Ld.........$3.30. Union Water-Loat Co., Ld. ...$161 Watson and Co., Ld........................., 86) b. x' div. William Powell, Limited; .....$648.
$29
T/T
་ ག་
ان
$2.25 for half year ending 31.12.14 $4.09 for 7 months ending 31.12,14
Div. Tle. G. Bonus Tis. 4. Extra- 1 Bonus Tls.1,year end'g 30'6'14
85 cents for 1914 ...
44.6% for year ending 28.2.06
1J
$1.50 for year ending 31.7.14
Final of 46 making $8 for 1914 Final of $1 making $2 for 1914
Final div. of 6d. making 71d
per share for 1933
Interim of T. 1 making T. 2 1. afe 1913
(70 cts. on fully paid shares and
7 cts. on $1 paid shares for year ending 30.4.15
($1.00, per share for year end.
ing 31.12.1914
60 cts, for 1914
(50 cts, on old shares and 25
cis, on new year shares for year ending 30.6.14
11. Inteum afc year 31.8.14
6. Des Vœux Road Central: Tel. address," Rectitude. DORRECTED TO NOON. JUNE, 4, 1915.
THE TELEGRAPH DOES NOT HOLD ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATIONS,"
Selling.
...1/9 9/16 Demand..........1/9 5/8 30 d/s......1/9 11/16 60 dis...............
1/994 ..1/9 13/16 "T/T Shanghali... 78.
Private 30 d/s sight T/T Singapore...77-1/4 T/T Japan
1.88 1/4 T/T India.....1954
EXCHANGE.
Demand Indis 136 T/T Bombay Demand Bombay ..,136) T/T Caloutta
Demand Calcutta .136. Demand Manila 2.88 1/4 T/T San Eco &N.Y.43 Demand, New York 4336 T/T Java.......................10836 T/T Marks Nom: Demand Germany...
.2.29
19
T/T Francs..... Demand Paris .......29 On Haiphong.......84% prem. On Saigon................ On Bangkok 8534
Buying, 14m's. L/C 1/10 3/16" 4 m's. D P1/10 5/16 6 m's. L/C,...1/10 7/16 30 ds. B'noy & M, 1/10 7/16) 30 da. Ban Fco & NY443/4 14 m/s. Markainen Nome 14 m s.France,uum/10.
4th June.
6 m/s. Franca.....2.45 Gold Leaf per facl.$57.60 - Soverein 811 nom. Bar Silver. ready... 23 5/16
-forward
11
P
Head Office, YOKOHAMA,
Urancher Antung-Hafen Bombay
Calc
Changchun
Fergien
Dairen
Harbin Hankow
Honolulu
Koba
Lac-Yang Lendin
Lyon
Tsingtas
ON FIXED DEPOSITS. For 3 months, 2 per cent, per
annum.
For 6 months. 31 per cent. Der
annum.
annum.
19,600,000 For 12 months, 4 per cent pea
N J. STABE,
Chief Manage
Agencies wi Nagasaki
Newchwa
New York
Osaka
Ryolun (Pors
Arthur)
San Francisco Shanghai
Tinazio
Los Angeles"
Lokyo
Tsingtaw
faterest Allowed on Current Accoun Deposita received for fixed periods at satas to be obtained on application.
EISHI ONO, Manager: Hongkong, 15th March, 1915.
NOTICES.
H
THE 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).
OF
The Office of TRUSTEE, EXECUTOR
WILLS, ATTORNEY, &c., Undertaken and Executed:
SHEWAN, TOMES & Co. General Managers.
Hongkong, 19th March, 1890
PEAKTRAMWAY CO.
LIMITED
TIME TABLE.
-WEEK DAYS.
1.00 A, 10 1,00 at, to 10.00 AM. 10.00 ., to · 17.00 A.XY 12.30 4.3, 10
T#143 7.30. 2O
2135 TM Ko FIES TO BO 1.3. to 4:00 7:3: 10
10 Mon
ይ .
2245 PMI
+
11 Mar.
Mo
F
61
1:45 PM
1.75 7.1)
5:00 224
1.10 AM
NIGHT CARS,
1
14
6.30 1.01 and o răi, gizo zimeka
15. DO HIM) Švery hilí kosni
12.00 M. LO 11:45 T.M
every quarter of an hour.
SUNDAYS
Man
7.4 AM to 10:30 AM, Eyny 19 Min,
LONG AM. Lo $1.00 -
12.0. AM to 28.00 Noo
1. Now 10 2:50 136
100 to
100 to
* Mx
ID MIN.
Is M
3.00 8.11 6.00 2.1. 3.00 ale to 1.00 726
Lio...
·T100 BM; 10
NIGHT CARS us on Week Days.
SATURDAYS
Extra; Car st' sa midnight.
SPECIAL CARE
By, Arrangement at the Company's 05th, Alvesades Peldlags,
Dia Voeux Road
NOTICE,
HONGKONG SAVINGS RANK-
"HE Business of the above
THE is oqnducted by the
+
HONGKONG AND SHANGHAI BANKING CORPORATION
Rules may be obtained on sp. plication.
INTEREST on deposits is al- lowed on the minimum monthly balances at $31 per cent, per aB-
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
anncm.
For the Hongkong and Shang- hai Banking Corporation,
N. J. STABB,
Chief Man ager
THE MERCANTILE BANK OF INDIA, LIMITED,
Authorised Capital: £1,500,000 Subscribed Paid Up
Reserve Fund
1,125,000 562,500
BANKERS: Bank of England. London Joint Stock Bank, Limited.
Every description of Exchange business transacted.
Interest allowed on Current As counts at 2 per cent per annum on Daily Balance and on Fixed {Deposits at rates which may be.
ascertained on application. A
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
Réserve 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" 16" ceived for 1 year or shorter periods at rates which will be quoted on application.":
Wm, DICKSON.
Manager.
Hongkong, 11th April, 1912. --- [ ►
OPIUM QUOTATIONS.
Feb. 25
9,825 perche 9,200
ANY EUROPEAN desiring to leave the Colony should, apply in writing for permission to do so to the Provost Marshal, Head Quarters Offices, at least 48 hours before the intended hour Malwa, New....$9,100 per
Malwa, Old 9,200 of departure, giving name, nation- ality, age, sex, height, complexion Patna, Now and occupation of the applicant, Patna, Old........ and stating the name of the Bezaros, New ... 9,050 steamer or other vessel or the Banaven, Old....................... 8,950 hour of the train by which the applicant, wiskes to leave. Ap- plicants should apply in person for their passes to the Provost Marshal at Head Quarters Offices between the hours of 9 a.mand 1 pm, and 2 to 4 pm, daily, $10
SUBSIDIARY COINS.
Discount por $100; / Chinese...20 cts. pieces $19 34 Chinese...10 -
$19 78 Hongkong.20 cts, pieces $10 Hongkong.10
THE ALEXANDRA CAFE Cannot be Beaton, if Equalled For Bread Cakes, Confectionery and meals with Wines & Lignore