do
Commercial.
London Finance.
London, June 4.-Conditions
rot improve appreci ably in our little village; on the contrary a good deal of the interest in Stock Exchange affaire that appeared to be developing a few weeks ago has evaporated, The position ie easily explained. Probably the vast majority of us, and certainly all the well-informed.
THE HONGKONG TELEGRAPH, `MONDAY, JULY 19, 1918,
SHARE REPORT.
COMPARATIVE SHARE QUOTATIONS.
N-NOMINAL
1915, 1915. Highest. Lowest,
2A-SALES S-SELLERS
-D.-BUYERS
To-day's
1914.
1914.
Last Dividend".
Closing
STOOK.
"Number *
of Skoros
Par Pald Highest Value Up-
Lowat
14th May, 14th May.
and Date
to
to
Pricos
DOW
110W
Banks.
Marine Insurances. Canton Insurance Office, Ld.$70 North China Ins. Co., Ld: t.165 b
Union Ins. Society of C'ton,L4.$915 b
Final of $4 a/c 1919. Interim
of $18 a/c 1914. (Interim of 12 "po. for 1914
(Final of $20 and bongs of $5 making $55 for 1913 and Interim of $30 for 19141 Final of $15 mak, 818 for 1913
& Int. of $3 for 1914
BANKS
INTERNATIONAL BAWKING
יי,
CORPORATION ..
HEAD OFFICE:
60, Wall Street, New York.
LONDON:OFFICE:
36, Bishopsgate, E.C.
BRANCHES —
HOMBAY.. LONDON. CALOUTTA, MANILA.Ş. CANTON.
PANAMA.
PEKING.
SAN FRANCISCO. HANKOW. SHANGHAI, 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.
CEBU.
COLON,
$815
120,000 $125
all
.855 July!
700 Oct.
815
790
£76/-1-
2:3 & 5-bonus at ex 1/91 equal to $27.27 for 16 year ending 31/12/14
150
,350 Dac. 305 10,000 $250 10,000 £15 £5 145, May 199
700 12,400 $250 100 | 847) April
12,000 8100 60
·Oct.
370
£60
Jan.
170
160
Oct. #915
$855
210 April 1921é Jan.-
240
225
20,000 $ 00 20 8,000. $250 50
140 160 July
Feb. 368 395
Oct. 150 April 396
130
$9 for 1913
385
$27 for 1913
n.
10 all
·30,000 $25
136 20,000 $50 80,000 $16 all 294
Jan. 544 Mar. 27 Jan. 22-
Dec: Nov.
50 cts. 561
45
Dec. 23
20
60,000 60,000
70
119
96
opinion that was worth consider-H'kong& S'ha: Banking Corp. ing, had been too optimistic about the progress of the war, and hope deferred maketh the heart sick,"
On top of that we have had a Government revolu- tion and violent recriminations about the merita of conscription and the autpat of ehelle. All this would be harmless enough in ordinary circumstances, bat it is merely pitiful and de plorable when we are engaged on the biggest job the world has ever undertaken at a time when the catch-phrase "Unity is Strength": never bad so much significance. There must always be a certain amoont of dirty-linen wash- ing in domestic affaire, but I am afraid that it creates a bad impression when there are Allies to be considered. "Anyhow we have all been suffering more OF lese from nerver, and naturally this has a very bad effect on basi.
Yangtze Ins. Assoc. Ld....$240 ex 73
**
.$150.
Fire Insurances, China Fire Ins. Co., Ed. H'kong Fire Ins. Co., Ld.......$396 b Shipping. $40 cls. b. x the ro C.&M.S.8. Co., Ld. Iturn of $4.50 per s. Douglas Steamship Co., Ld. $56 Hongkong; C. & M.S.S. Co., La 20
Indo-China Steam Navigation 119
Shell Tport & Trading Co., Ld.87/6.
деве. Investment, pare and Star Ferry Company, Ld. 32 simple, goes on in its quiet, i
dignified way, but purchases
of anything at all speculative
are reduced to very
Refineries.
small China Sugar Refining Co., Ld.$127
dimensions and "the S'ook Luzon Sugar Refining Co.,Ld.$44
Exchange does not flourish.
There is plenty of money for
Mining.
s
-25} all b. { b. 3,797.610 £i
sound securities. The North Ese-Kailan Mining Admin'tion. "301- tern Railway istue of £1,000,000 Raub Australian Gold Min. div. preference stock was subsoribed
ing Co., Ld. Tronoh Mines Ltd.
Docks, Wharves and
Godowns &c. 8'kong & K.W. & G. Co., 1.8.70 H'kong & W'poa D. Co.. Ld....$10 ShaiEock& Eng.Co. Là .51 S'hai & H'kew W. Co., Ld....93)
I ands, Hotels and Buildings. Anglo French Lands. H'kong Hotel Co., Ld.' a
ea:
.t.94. .$116 0
'kong Land Investment Co. $112 'phreys Estate& F. Co., Ld...86.20 Kloun Land& Building Co., Ld $40. Shanghai Lands..............104 West Point Building Co., Ld: 872 $100 H'kong Central Estates
Cotton Mills.
30 ots.$1 for 1906
Sept. Jan, 50 all 106 Feb. 70/- Sept. 89/6 x div. 821-
xdiv.
ཎྜཀྑུ
1
Jan.
$3 for year ending 30.6.14
Final of 40 eta. making 90 ots
for year ending 31.12.14 .. Final of 3% m'king 6% on pre- ferred shares & 5% on de- ferred shares for year 1913 Final of 5 (Coupon No 24)
making 7/- for 1914
$1.50 per share and bonus of 40 cents per share for year ending 30°4′15
Interim of 1/account year
($2.50 for half year ending
Final of 6 p.c. making 12 p..
for 1914...
$2.25 for half year ending 31.12.14 $4.09 for 7 months ending 31.12.1
CURRENT ACCOUNTS open- ed and FIXED DEPOSITS, | rocóived at rates to be ascertain-
ed on application.
N. S. MARSHALL,
Manager.
Hongkong, 22nd Oct. 1914
THE
YOKOHAMA SPECIE BANK
fi
LIMITED.
BANKS
HONGKONG & SHANGHAI
BANKING CORPORA
ATION.
Paid-up Capital .................813,000.00B RESERVE FUNDS:
Sterling
£1,500,000 at. 2-
[$15,000,000), Silver $18,000,000
$93,000,0CD
Reserve Liability of time"
Proprietors ...........$15,000,000 COURT OF DIREUTORS... Hon. Mr. D. Landale,-Chairman, W. I Fattenden, Esq. Deputy
Chairman.
8. H. Dodwell, Esq. G. T. M. Edkins, Esq. C, S. Gubbay, Esq. P. H. Holyoak, Esq. J. A. Plummer, Esq Hon. Mr. E. Shallim,
CHIEF MANAGER Hongkong-N. J. Stałt:
A MANAGER Shanghai-A. G. Stephon London Bankers London County and Westminster "Limited."
Hongkong-Interest "Allowedi
On Current Account at the rELS of 2 per cent. per annum on the daily balance.
ON FIXED DEPOSITS. For 3 months, 21 por cont per
Established 1880. AF Authorised Capital Yen 48,000,000 30,000,000 Paid-up Capital ... Reserve Fund ....... 19,600,000 For 6 months. $1 per cent.-Y
13
H
Head Office.-YOKOHAMA.
Branches
Antang-Hsien
Bosbay
Calensta
Changchao
Dairsa
Habta
Hankow
Honoluls
Kobe
Liao-Yang London
Lyons
Agencies an Nagasaki
-New York »
Newchwang
Ouska
- Pakis
Ryolus (Fort
(Arthur)
Sa Frenclico
Shanghai
Tokyo
Los Angeles Thington
<
Interest Allowed on Carvest Account, Deposits received for fixed paríada at ratus, 10 ba
· Lained 'spplication
EISHI ONO, Manager, Hongkong, 15th March, 1915.
NOTICES,
annum.
annum.
For 12 months, 4 per cent per
annum.
N. J STABB
Chief Managez,
| HONGKONG SAVINGS BANK.
THE Business of the above. Bank is conducted by the HONGKONG ANDSHANGHAI CORPORATION BANKING
Rules may be obtained on ap. plication.
INTEREST on deposits is al lowed on the minimum monthly balances at $33 per cent. par a
CHINA. PROVIDENT A 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 Particulare on ap
plisation).
OF
The Office of TRUSTEE, EXECUTOR.
WILLS, ATTORNEY, &c, Undertaken and Executed:
SHEWAN, TOMES & Co.
General Managers.". Hongkong. 19th March. 1890
40,000, $10
all
49 Mar. 40
Nov.
37
32
20,000 8100 all 7,000 $100 all
96 31
For. Jan.
70. 17
Nov. 1271 Dec.
111
$3 for 1912-
27
$3 for 1897
b. 1,000,000 £1
all
41 Feb. 33,6 Dec.
33,6
30
ending 30.6.15 (Coupon No. 5.)
..$3.75 b. 200,000 £1
32/- Fu
all
3.10
160,000 £1
all
39
1,90 Nov. Jan. Feb. 19/6 Nov./132/6
3.15
3.60
1/2 for 1909
32/6
1-interim a/o 1915 paid 12.7.15
b.
60,000 $50
all 50,000 $50 all
5,700 100 all
60
..
36,000. t. 100 ull
109
Jan. $9.
Jan.
Oct. 75 77
July 50. Dec.
Jan.
713 Nov, 53
721
€8
$3.50 for year 1914
57
$3 dividend for year 1914
52
51
Tis. 5 for 1913
THE
8216 Dec.:
9314
80
Tla. 5 for 1914-
-•ta
13,000 t.100 t.100!
94
94
Tls. 5 for year ending 20.2.14
20;000 50 50
128: July, 120 Dec.
116
112
31'12 14
b.
1. h.
50,000 $100 al 150,000 $10
11716 July 98 914
Nov.
112.
108
Jan. 17
Nov:
77
6.10
·6,000 $50
20 45
44
Feb.
40'
40
$3 for year ending 31-12-14 45 cents for year 1914 $3 for 1914
a.`
78,000 1.50
"Dec.
89
Oct.
JC6
101
1
b.
19,500 $50
June (6
Feb. 72
70
.8.
-10,000 $100 all
100
.100
all 128 July 20,1(0 +.50 11,
all E4 Mar. 15.00 $10
344 15,000 1.30 all
Jan. 110Feb. 70. 84.00 1100 all
135 Feb, 20 40,50,50 all
125 7 11
May June
176
152)
7.40 7
Tis. 12 for year ending 31'10'14 50.centa 317'08
Mar. 14.60
13%
May Nov.
19.86
Tls. 1.20 for year ending 30°1114 Els. 12 for 1013
99
b.
b.
6
b. 400,000 $10
all
b.
-60,000 $10 6,000 $25 ..b. 60,000 $10 9.325,GC0-5/-
all
1
...t.39b 200,000 g.10
25,000 $10 all 10 Jan. 94 20,000 810 $1.93 cie. Jan.
all 75,000 $10 12,000 $10 10 13,200 $50
May 10 (0,000 $12 all 12
4.00 (July 4 all 40,000 $5. 50,000 $1 all
Jan. 7 Q sil b. 125,100 $10
June 35 39 40.000 7
6.90 Jan. 5 49 Jan. 36 all 217 July 374 all 25 June 22 all13 July 7-
all 6424 Mar. 28
10 Dec.
April 414
Nov. 8)
10
Aug.
34
34.
Dec. 6.90
670
50 cte. for 1914,
Nov. 411
.39
$2.00 per share for 1914-
Dec.
185
184
201
25
Final of $6 making $8 for 1914 Final cf $1 makin $2 for 1914
Dec. 42
38.
June
10
4 10
75 cts. Dec.
$1
80 cta.
5
$1:50 for 1910.
8.
#1 b
.$29
bl
all 20,000-$5 all 500 June 4 27.723 #10 all 2214 Feb. 17
all 8 April 6.90 90,000 $10 31,000 $7 all 912 Jan. 631⁄2
30
June 92 all 6,000 $25
20
20"
None
Nov. 316
Jan.
3.00 1734163
Dec.
29
Ewe Cotton S. & W. Co., Ld. t.175
......$7) ea. & l. .14.00 b. Hongkong Cotton Co. Kong Yik
.b... ..87
b.
Lagu Kung Mow Shanghai Coltons in Shai ...t.97
Miscellaneous.
China Porneo Company,Ld, $10 China Light & Power Co.,
A
Co. (Spec. shares) China Provt, L. & M. Co, Ld. 8.30 Dairy Farm Company, Id....834 Green Island Cement Co. Ld....6.85 Hongkong Electric Co., Ld. 11 Hongkong Ice.Co., Ld.........$185 HongkongRope Mfg.Co.,Ld....876 Hongkong Tramway Co., Ld. 5
3 times over by existing stuck holders alone and the general pa.. blic did not get a crap of it with the result that the price almost immediately went to about 11 premium. Naturally the Great Central was art quite so fortunate in cffering £750,000, of 31 p.c.ten year stock at 90. Actually the yield in this cam, allowing for redemption at par, works out at 4 13/16 p.e. which is a good enough retorn having regard to the security, but in the first place the Great Central has the rich clientelle of not
Eastern North the
Bod the present return on the money is only about 3 per cent. which is not quite gold enough. Ia other words the buyer has to wait possibly ten years to obtain the full yield of 4-13/16 per cent. on his investment and most people want the fall income cow--DOL ten years hence-Bad sre not very much impressed with the "fact that they are eaving an ap- preciable amount in income-tax. For those, however, who can i fford to wait the security is good enough and the whole amount was taken up by real investors, although somewhat reluojautly. Anather big issue has been that of the Grand Trunk Railway of
haa Canada which
offered £2,500,000 five year 54 per cent. Langkate secured notes at 99 mainly to provide for the repayment of £2,000,000 bills due on July 15 next. At the time of writing the lists are not yet closed and I have not been able to ascertain how the issue has gone but it certainly looks a very attractive investment Long before the war broke out I repeatedly pointed cut the unsoundness of Canadian fluance and I feel quite certain that, but for the war, Canada would bave had to pass through an ex- tremely serious financial crisis. As it is, comparatively few under: takings in the Dominion can pay interest on their debts, lit alene dividende, and it will take the country a long time to get on ite Jege again. But that is a very different matter fon suggesting or believing that a company like the Grand Trunk will not be able to deal satisfactorily with a special debt of £2,500,000 five years hence. In high finance there has. been no now development of much interest. Wearelceinginthermore
b.
Peak Tramway Co., Ld. (Old)10.30 x div.'
Do..
(New) 80 cts. b.
Philippines Ld.... H. Price & Co., Ld..... #5" Societe des Pulpes et Papier- $20
teries du Tonkin ............ Steam Laundry Co., Ld.........$3.15. b. Union Water-boat Co., Ld."...$1731⁄2 "b., Watson and Co., Ld.............$ William Powell, Limited.
8. C. Morning Port.
WRIGHT & HORNBY,
Share and General Brokers
ד
Div. Tls. 6. Bonus Tls. 4. Extra Bonus Tls. 1,year end'g 30'6'14 «
85 cents for 1914
414 6% for year ending 28,2.06
8.CO 70 cts. for 1914.
$1.50 för year ending 31.7.34
Apr. Feb. 5 x div. 4.80x div. { $10 % for 1914
ཨཱཊྛ
(Interim of T. 1 making T. 2°
u/o 1913
(70 cts. on fully paid shares and
7 cta. on $1 paid shares för.. year ending 30.4.15
None
35 cte. for year ending 31514
$1,00, por share for year end- 1ing 31,12,1914
Dec. 6.60 xdiv. 6.50 xdiv.60 ots. for 1914
Deo. 6
(50 cts. on old shares and 25:
cts, on new year abares for year ending 30.6.14 $1.50 for 1914
6. Des Vœux Road Central, Tel. address, Rectitude. "GORRECTED TO NOON. 19 JULY, 1915,
ANY SUBSEQUENT ALTERATIONS WILL BE FOUND IN "UP TO THE MINUTE SHARE MARKET REWS.” THE TELEGRAPH DOES NOT HOLD ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATIONS.
gold than is quite comfortable,
Belling.
T/T Bombay,
such a large proportion of our
--but that is inevitable when we are T/T......
purchasing encrious supplies, Demand 1/9 1/8 not only for ourselves but our 30 d/s Allies, while at the same time 60 d/8...................................
4 m/s...... T/T Shanghai....................
..1/9 1/16
1/9 3/16 1/9-1/4 1/9.5/16 7816
productive unpacity is devoted to Private 30 d/s eight war munitions which do not figure T/T Singapore......... 751⁄4 in our exports and against which T/T Japan
86
Demand India
133)
no commercial bills are drawn. - T/T India 139 Straits Times
EXCHANGE.
Demand Bombay #1334 TT Caloutta Demand Caloutta 1834 Demand Manila *.86 T/T San F'co & N.Y.42 Demand, New York 42 1/8 TIT: Java.106 T/T Marks....................Nom. Demand Germany. T/T. Francs.2.32 Demand Paris og 2.34h
..84% prem.
On Haiphong'. On Saigon .......... 8. On Bangkok 1873
ma L/C Buying
4 m/B. D/P1/913/16 6 m/s. L/U...........1/9 15/16 30 ds. B'ney & M. 1/9 15/16 30 d/s. San Fco & N.Y.48
Nom
4 m/s. Marks........ 4m.s.Franes. 2.13. 6 m :: France.ui.
182.18
19th July,
Gold Leaf per.tael $58,80 Sovereign $11.25 nom. Bar Bilver ready... 22 9/16
forward SUBSIDIARY COINS.
Discount per $100:
Ohinese,20 cts.pleses621 7/8 Chinese...1022 Hongkong 20 cts. pieces 3 & 5/8 Rongkong.1083/8
PEAK TRAMWAY CO.
LIMITED
TIMB TABLM.
WEEK DAYS...
$.00 AM Evast 15 Min
Loo A. (0) 10:00 A 10.00 AM, 10'11.00 AN› £1.20 m., 20
761 7+ 19
3 PM, 20
5:00 2.1 50
18.45 73: 1.13 PM. 1.45 ear! 8.15 *1,000
Jaso male, A NIGHT CARS.
H
"
25 Max.
30 Ma
1.50 ENI RA6-9 7:361⁄2 BɛyoʻŠAL. 19
31.00 11 Tary half hour
11.00 5.M« LE $1,43 3.M. *
evny quarter of an hour BUNDAYS
1.4.30 AM, Event 25⋅ MIN.
11.00 AM. 1910 to 11. 10:38.00 Noom ILO Noor 16: 1.00 23
1.00 to
100 to
4.00 340
Ya Ma
+
12
1o. Ma
3.00 3.
10
31 M
se Mix.
11
15 Mon
"
zo Min
1.00 1
- prod B3) to, 110 BJU)
· NIGHT CANS as do. Week Days.
SATURDAYS"
Bet' Carat ; ikumidnight..
SPECIAL CARE.Da
Es Arrangement at the Company's ūdza, Da Voeux Road, Central,
Season and punch tickets avaliable for all cars aos sharey full manning at the time stated in the Company me tables.
Company's Office be obtained on applications affer special care, can No Begton tickaz will be incued ontli payment there for has been made to Dark Notes of by Cloquer Compradore order representing Bank Notes:
JOHN D. BUMPHREYS & SON
NOTICE,
Depositors may transfer at their option balances of $100 or more to the Hongkong and Shanghai Bank to be placed on FIXED DEPOSIT #t 4 per cent. pai annum.
For the Hongkong and Shang- hal Banking Corporation,
NAJSTABE,
Chief Manager
THE MERCANTILE BANK OF INDIA, LIMITED.
Authorised Capital Subscribed Paid Up Reserve Fund
£1,500,000 1,125,000
562,500) 500,000
BANKERS: Bank of England, London Joint Stock Bank, Limited
Every description of Exchangs business transacted.
Interest allowed on Current Ac- counts at 2 per cent per annum on Daily Balance and on Fixed Deposita at: rates which may, bo' sscertained on application."
C. T. BEATH;
Acting Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND
CHINA...
Incorporated by Royal. Charter 1859;
£1,200,000
HEAD OFFICE-LONDON: Paid-up Capital Reserve Fund... Reserve Liability
Proprietors
E1,800,000
1,200,000
FOREIGN EXCHANGE and General Banking business trans. acted.
*CURRENT ACCOUNTS open- ed and FIXED DEPOSITS - ceived for 1 year or shorter periods at rates which will be quoted ex application.
Wm. DICKSON.
Hongkong, 11th April, 191
OPIUM QUOTATIONS.
Any European, Non-Asiatic or Indian desiring to leave the Colony should apply in writing for permission to do so to the Captain Superintendent of Police, at least 48 hours before the in- tended hour of departure, giving Malwa, New, name, nationality, age, sex, Malwa, Old hoight and occupation of the Fatna, New applicant, and stating the name Patna, Old of the steamer or other vessel or Benares; the hour of the train by which Benares, Old.. the applicant wishes to leave.jet Applicants should apply in person for their passes at the Central Police Station between the hours of 9 a.m. to 1 p.m. and 2 p.m. to 4 pm. daily Hongkong 9th July, 1015,
LEXANDE
THE Cannot be For Bread and meals witha
$25