COMMERCIAL,
Refineries.
China Sugar Refining Co., Ld.$127 Luzon Sugar Refining Co., Ld.541
Mining.
London Money Market.
Te Bank of Jaraa ia in receipt of advice that the specie reserve of the Bank of Kingland increased by £1,270,000 last week over that of the previous week. "The ratio of rcesIvo "to "deposits became 201 per cent. Tho excess of im- ports of gold was 8521,000. The deposits of the Government in the Banks resobed $31,000,000 and
Banks,
the deposits of tho people H'kong& S'hai Banking Corp. £11,000,000. The Government
losna decreased· £0,280,000," and
the cans made out amounted to
Marine Insurances.
Unior. Ins. Society of Cton.Ld.$966 b
£37,000,000. The Government, Canton Insurance Offico, Ld.980 in order to let the Bank of EngNorth China Ins. Co., Ld...165 land maintain the balance in the market and to avoid xtreme con traction of the money market, made an agreement whereby the same amount of money may be deposited with the City Banks nt a reasonable rate, about £3 per
Fire Insurances, cent: as the paid up smount China Fire Ins. Co., Ld. of the new bonde. On H'kong Fire Ins. Co., Ld.......$405 Rccount of tbia agreement, payments on Augnit 3 pasted
Shipping. (40 cta. b. x the re- off very quietly. There is no C.&M.8 .8. Co., Ld. turn of $4.50 per a change in the interest rate and Douglas Steamship Co., Ld. 69) b. the discount market is noohanged: Hongkong, C. & M.S.S. Co, Ld22) b. Owing to the foregoing agreement, money is plentiful and the market Indo-China Steam (Combined $151 s. is dull. Treasury notes are in great Navigation Co., Deferred $ 93 s. demand. Japanese railway billa
L........
Preferred $ 57 s. are sold at a discount of 5 per Shell T'port & Trading Co. Ld.90/- cont., British Treasury notes at d
Yangtare Ins. Assoc. Ld...$240 ex 75)
per cent., other British docoments
ין
ི་
at 5 per cent., and Russian bonde Star Ferry Company, Ld.......$3634 b. 40,000 $10
at 5 per cent. The exchange rate between Eugland and America remains unchanged:
Bankers and the Commercial
Situation.
Kailan Mining Admin'tion...31/- Raub Australian Gold Min-x div.
ing Co., Ld.......................... ..... ... ... $9.90 b.200,000 £1
b Tronoh Mines Ltd...............31/-
Docks, Wharves and
Godown's &c. H'kong & K.W. & G. Co., Ld....176 H'kong & W'poa D. Co., Ld....174 sa: b Shai Dock & Eng. Co., Ld....60 S'hai & H'kow W. Co., Ld. ...90
I ends. Hotels and Bulldings. Anglo French Lands. t.94 H'kong Hotel Co., Ld.....$116 6.
'kong Land Investment Co $110 'phreys Estate& F. Co., Ld... $6.35 'loonLand&Building Co., Ld $40 ·
100 b. Shanghai Lands
The prevailing dullness in Japanese business circles has had some influence upon the money market. The Hochi, in a leading article on the difficulties of bank- ing, remarks that the money market is in a slack state and the rates of interest have dropped. On the other hand, deposits in banks are steadily increasing and on the whole the first and second class banke have a consider- able amount of money lying idle, and they are considerably exer- cised as to bow to deal with their unemployed funds. In addition, as the Banks have struggled to obtain deposits, offering bigh in- terest since the year before last, they are not in a position to lower deposit rates auless they have a very good reason for each
Cotton Mills. a step. Under these circumst.
Ewo Cotton B. & W. Co., Id., t.175 auces, the Banks are more con- Hongkong Cotton Co. cerned about keeping their losses Kung Yik.........
..154 down thau about increasing their Laou Kung Mow
.871 profits. The bad results shown Shanghai Coltons in Shai ...t.101 for the first half of this year are....
Miscellaneous. due to this fact. The Hochi points
China Porneo Company,Ld, $11 out that no extraordinary spurt in business circles can be expected China Light & Power Co.,)
Ld.. $4 ea. b.
sa
B.
West Point Building Co., Ld, $72..
$100 'kong Central Estates
37
China Provt, L. & M. Co., Ld. 8.90 Dairy Farm Company, Ld....834 Green Island Cement Co. Ld....8 Hongkong Electric Co., Ld. 844 Hongkong Ice Co., Ld..........$185 Hongkong Rope Mfg. Co., Ld...$29) Hongkong Tramway. Co., Ld. 5.20
and, moreover, it is impossible to Do. (Spec. shares). predict what the future condition of the rice market will be. Such being the case, no one can foretell the probable course of the money market. To tide over present difficulties is not an easy task for the bankere. Some activity is noticeable in a few industrial lines, for instance those connected with the production of war mate. riale, but there is no hope of a revival in general commercial and industrial circles, so co particular demand for landa need be expect- ed in the near falure. Advances upon bonds and other cegotiable papers are not considered anfe at Steam Laundry. Co., Ld...$3.00 b, x div.
ཏྠུ
13,000 100 100/ 20,000 $50 50 128 July
00,000 $100 all
6,000 $60 20 45 "Jan: 44.
20,000 1,50 all 128 July 125
b. 250,000 2.10 all
b.
Langkats............... ................................ .1.38 Peak Tramway Co., Ld. (Old)...#94
(New) 80 cis..b. .84 b.
Do
Philippines Ld............. H. Price & Co., Ld....................................$5 Societe des Pulpes et Papier-1
teries du Tonkin ..............
$20
present by most of the Banks, as Union Water-boat Co., Ld....$18 the future course of hostilities in Europe is not known. If the first Watson and Co, Ld $614 b.
olass Banks extend their sphere william Powell, Limited, Ý of activities by lowering the
standard of credit, which is the s. C. Morning Post .........................$29 basis for advances, imitating the policy of Banke in the second class or below, the move may be effectual so far as relieving the present difficulties is concerned, bat this plan cannot very well be paraued because of the risks it involves-It seems that there is no positive measure to relieve the present slack state of the money market. The Hochi advises the Banke to takes negative measure by curtailing their expenses and lowering the rates on deposits To lower she rates on deposite with a view to equalising the rates of discount and for advances is the most effectual way to tide Over the present difficulties. Kobe Herald.
THE ALEXANDRA CAFE Cannot be Beaten, 15 Equalled. For Bread, Cakes, Confectionery. and meals with Wines & Liquorr
Belling.
TYTANITAALSUSIRIGE Demand ***u*****
·60d/s...
4 m/s...no.
T/T Shanghaf Private 30 de sight
7812
T/T Singapore....................754
TT Japan
.8512
T/T India
1...134
Demand India
13414
$820 sa.)
ex div. 120,000 $125. £761-1-
all
855 July 700. Oct. 830 x div. 790 o, div."
10,000 $250 BA 10,000 £1524
350
Dec. 305 Oot..380. 145 May 133 Jan: 170.
.360
160
12,400 $250 100 847 April 700 Oct. $966.
12,000 $100 60 210 April 19211⁄2 Jau.
$855
HONGKONG, TELEGRAPH, THURSDAY, AUGUST 19, 1918,
SHARE REPORT.
COMPARATIVE SHARE QUOTATIONS.
S-SELLERS '- SA-SALES -
A.-BUYERS
N.-NOMINAL
STOOK.
To-day's
Closing.
Prices
+Number
of Shares
Par Paid Value Up»
1914:
Higbent
1914.
Lowest
1915, 1915. Highest, Lowest, 14th May, 14th May.
to
to доп
now
Last Dividend
and Date
£2/3 at 1/9 5/16" equal to $24.21 for 14 year 30/6/15
SOPLNKADEN
NOTICE
NOOTRAL
BEER.
NY CARLSBERG.
FOR YEARS KNOWN AS THE FINEST BEER SPECIALLY BREWED FOR THE FAR EAST.
MAKE AN ALLY OF IT AT ONCE.
BREWED BY T
THE WORLD FAMED NY GARLSBERG BREWERIES COPENHAGEN DENMARK,
Obtainable at all Hotela and Compradores
DONNELLY AND WHYTE.
240
225
Final of 14 a/c. 1913. Interim
of $18 a/c 1914. Interim of 12 p.o. for 1914 (Final of $20 and bonus of $5 making 855 for 1913 and Interim of $30 for 1914 Final of 815 inak $18 for 1913
& Int, of $3 for 1914
KY CARLSBERS
14
$161 b. b.
20,000 $:00 20 8,000 $250 50
160
July 140 Dot.
160
130
$9 for, 1913
395
Feb. 368 April
405
385
$27 for 1913.
30,000 $25 20,000 $50 80,000 $15
all
10
Jan. 516 Dec.
50 cts.
30 ots.81 for 1908
all 36
all 29
Mar. 274 Noy.
691
45
Jan. 22 Doc.
23
19
60,000 €0,000
£5
}
all 79 Jan. 50
b. 3,797,610 £1
all
Sept. 106/- Feb. 70/- Sept. 90/x div, 82/-
154 96
all 49 Mar. 40 Nov.
.3*
32
S.
B.
20,000 #100 all96) 7,000, $100 all | 31
Feb. 70 Jan. 17
25
Nov! Deo.
133
111
$3 for 1912.
46
2714
$3 for 1897
b. 1,000,000 £1
all
41
Feb. 33/6 Deo.
33/6
30/-
all
3.10 Jan.
160,000 £1
all
39
1.90 Nov. Feb. 19/6 Nov.
4
32/6
K
n.'
€0,000 $50
all
69
Jan. 13 Nov. 79
50,000 $50
all
17
55,700 t. 100 all "60
36,000 t, 100 all 109
Jan. 53. Oct. July 50 Dec. Jan. 8214 Dec.
GB "..57
$3.50 for year 1914
80
760 61 49 ex div. Tle. 5 for 1913 9334
Tla. 5 for 1914
$3 dividend for year 1914
94
94
320 Dec. 116
112
11734 July '98
Nov. 111xdiv.
10
108
b.
180,000 $10
all 914 Jun.
Nov. 7
6.10
b.
门
Feb. 40
40
78,000 1.50 all.98
b.
19,600, $50
.8.
all 73 10,000 $100 all.
Dec. 69 June C6
Oct. 106
301
Feb. 72
70
100
100
May. 176
b.
b.
b.
195,000 $10 all 75, 10 all 8,000 t.100 all b.
40,000 t.50 all
814 Mar. 7
June. 194
152) Tls. 12 for year ending 31°10′14 7 50 cents 31'7'08
14 Jan.
110 135
Feb. Feb.
.11 70 10.
Mar 15.25
1834
69 b. May Nov... 1023
86
€6
1.
SB.
10,000 $12
£0,000 $5 50,000 $1
14
all 12 May 10
+ Dec.
10:
125, CO $10
all all all 19
40,000.7
12
6 .39
4.00 July 4
Jan. 7
Nov. 8.95 June 35 Ang.
April 434
- 414 6% for year ending 28.2.06
8:00. 70 cts, for 1914.
34
b. 400,CC0.10
all 6.90
Jan. 5
Dec.
670
9.
60,000-$10
all
49
Jan.
36 Nov. 44)
39
b. 6,500 $25
all
2116 July
174 Deo. 185
8.
60,000 $10
all
25
June 22
....
325,000 5
all
Apr. 30 13 July 7/- Feb.
5.25
6424 Mar.
28,000 $10 all 101 Jan 50,000 $10
$1. 93 cte. Jan. 75,000 $10 all 12,000 $10 "10
28 Dec.
914 June 75 cta. Déc.
3716
10
9
$1
13,200 $50
20,000 5
all
all.
500 June 4
Nov.
316
27,723 $19
all 2214 Feb. 17
Jan.
18.
90,000 $10
21,000 $7
b. 6,000 $25 all 30
29
WRIGHT & HORNBY,
Share and Central Brokers
x div,
$3 for year ending 30.6.14"
Final of 40 cts. making 90, cta for year ending 31.12.14. Final of 8% i'king 6% on pre- ferred shares & 5%,on de ferred shares for year 1913.. Final of 5 (Coupon No 24)
making - for 1914 ($1.50 per share and bonus of 40 cents per share for year. ending 90'4'15
Interim of 1 account year ending 30:6:15, (Coupon. No. 5.)
3.60 1/2 for 1909
321 interim alo 1915 paid 12.7,15
Tla. 634 for year onding 29.2.14
($2.50 for half year ending 1311214
$3 for year ending 30'6'15 45 cents for year 1914
$3 for 1914
Dividend of 6 p.c. for year
1 ending 30.6.15
$2 for half year ending 30.6.15 $4.09 for 7 months ending 31.12,14
Div. Tls. 6. Bonus Tis, 4. Extra (Bonus Tls.1,year end’g 30′6′′14:
85 cents for 1914
$2.00 per share for 1914
184 25 4.80x div. | $10 % for 19′4
Final of $6 making $8) for 1914- Final of $1 makin $2 for 1914
Interim of T. 1 ́making T. 2
afo 1913
(70 ots, on fully paidshares and 7 ots. on $1 paid shares for year ending 30.4.15 None
$1.50 for 1910.
20 None
3.CO_25 cts. for year ending 31′5′15
f$1,00, per share for year end-
ing 91,12,1914
164
all 81 April 6.90 Deo. 6.60 x div. 67xdiv. 60 cte, for 1914
all911⁄2 Jan. 614 Ded. #7
June 92 Dec. 20
50 cta, on old shares and 25°
cts. on new year shares for year ending 30.6.14 $1.50 for 1914
6. Des Vœux Road Central, Tel. address, Rectitude. CORRECTED TO NOON, 19 AÚÐ, 1915,
ANY SUBSEQUENT ALTERATIONS WILL BE FOUND IN “UP TO THE MINUTE SHARE MARKET NEWS." THE TELEGRAPH DOES NOT HOLD ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATIONS.
1/9 5/16 1/9.3/8
1/9 7/16) ...1/9 1/2
EXCHANGE.
TT Bombay sin Demand Bombay....1944 T/T Caloutta ........ Demand Calcutta...194 Demand Manila 85 TIT San F'co & N.T.41 Demand, New York 41961 TT Jaya.................1063/ T/T Marks Nom. Demand Germany, T/T Francs
2.41 3/8 Demand Paris 22,41
On Haiphong. On Saigon On Bangkok.87
Buying kent 4 m.8. L/C 197/8: 14 m/s. D/Pai1/10
6 m/s. L/0...1/10 1/8 30 d/e. B'ney & M 1/10 1/8 30 d. Ban Fico & M.Y.427% 14 m. Marks. Nom,
4 ms.Franca.2.3214 6 me. Franom.ib
August 19th.
Gold Leat per oz $59 40 Boyerelin 22811.25 nom Bar Silver, ready:22 3/8
forward
SUBSIDIARY COINS,
Discount per $10000 Chinese..20 ata.pieces: $21.0
A321 1/8, ote, piécen § 98/4 93/4
Hongkong.10
BANKS
INTERNATIONAL BANKING
CORPORATION..
HEAD OFFICE:
60, Wall Street, New York LONDON OFFICE: 36, Bishopsgate, E.O..
BRANCHES :- BOMBAY, LONDON, CALOUTTA. MANILA. CANTON. CEBU.
PANAMA.
PEKING.
COLON. SAN FRANCISCO. HANKOW. SHANGHAI. HONGKONG. SINGAPORE KOBE, YOKOHAMA
CAPITAL PAID-UP : $3,250 000 RESERVE FUNDS......4,120,000.
(U.S. Gold) $7.870,000 All kinds 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, peter Manager. Hongkong, 22nd Oct. 1914
THE
YOKOHAMA SPECIE BANK
LIMITED.
Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital
90,000,000 19,600,000 Reserve Fund......
Head Office.-YOKOHAMA,
Ensta Antung-Hsien
Inde
Agencia al Nugamki
Interest &llowed on Currant Account Deposits received for fored pirfoda at rats to be otsaloed no application,
BISHI ONO, Manager. Hongkong, 15th March, 1915. THE CHARTERED BANK OF INDIA, AUSTRALIA AND
CHINA.
Incorporated. by Royal
Charter 18537A
£1,200,000.
HEAD OFFICE-LONDON. Paid-up Capital Reserve Fund....£1,800,000 Reserve Liability of
Proprietors.£1,200,000
FOREIGN EXCHANGE and General Banking business trans- acted. NAME .. CURRENT ACCOUNTS open. ed and FIXED; DEPOSITS re- ceived for 1 year or shorter periods at rates which will be quoted on application..
Wm. DICKSON,
Manager. Hongkong, 11th April, 1912. [1
NOTICE.
BANKS
HONGKONG & SHANGHAI
BANKING CORPORA
TION.
Paid-up Capital.
RESERVE FUNDS:
THE CHINA PROVIDENT LOAN AND MORTGAGE 'CO. LTD.
(Capital Palit up...$1,250,000.) Loans on Mortgage of House Pro
Goods received on Stories
dvances made on Merofkar Foans made on
Systems
(Bates and Particulars on tap
plication)EEN
The Office of
Sterling
£1,500,000 at 2/4
Silver
$15,000,000
...$18,000,000
$33,000,000.
Reserve Liability of
Proprietors....$15,000,000 COURT OF DIRECTORS, Hon. Mr. D. Landale, Chatan, W. L Patterden, Esq. Deputy
Chairman.
6. H. Dodwell, Esq.
G. T. M. Edkins, Esq.A
C, 8. Gubbay, Esq. P.H. Holyoak, Esq. J. A. Plummer, Esq. Hon, Mr. E. Shellim.
CHIEF MANAGER: Hongkong N. J. Btálb; MANAGER Shanghal-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 p
ON FIXED DEPOSITS.. For 3 months, 21 per cent per
annum.
For 6 months. Si per cent - par
Kannum,“ For 12 months, per cant per
N. J. STABB
Chief Manager,
andum.
HONGKONG SAVINGS BANK
Business of the above
Toonducted by the HONGKONG AND SHANGHAI BANKING CORPORATION
Rules may be obtained on sp plication.i
INTEREST on deposits is lowed on the minimum monthly balances at $3 per cent. per an-
Depositors may transfer at their option balances of $100 or more to the Hongkong and Shanghat Bank to be placed on FIXED DEPOSIT et 4 per cent, per
aunum.
For the Hongkong and Shang hai Banking Corporation,
AN.J STABB
Chief Manager
THE MERCANTILE BANK OF
VE INDIA LIMITED.
Authorised Subsoribed Paid Up Reserve Fund
BANKERS:
Bank of England, London Joint Stock Bank,
© Limited.
Every desc business transacted
Interest allow
TRUSTEE, EXECUTOR 420F, MAI
WILLS, ATTORNEY, dog Undertaken and Executed: WWW BHEWAN TOMES & Cof
Mal
Ben
Hongkong, 19th March, 1890
General Managers'
(000)
1000)
Bombay
Newchwarz
New York
Changchan
OKA "Pakla
Vangilen
Te. 1.20 for year ending. 30°11′14 Tla, 12 for 1913
Ryalan (Porz Arthur)
Hokow
San Franciaco
Honolulu
5bogbal
Kobe
Sydney
Liao-Wang
Tiebling
Londra
Tientsin
Takro
Sydney
Los Angeles
Tsingtan
$1.50 for year ending 31,734 50 cts. for 1914,