1919-02-07 — Page 9

FRIDAY, FEBRUARY 7, 1919.

COMMERCIAL

COMMERCAIL.

JAPANESE CONDENSED MILK.

THE RUBBER SITUATION.

+

THE CHINA MAIL.

INTIMATIONS

PEAK TRAMWAYE COMPANY.

LIMITED.

the Industry still have the sola control in their own hands. I Beams probable that the experience of the list fow months is not to be wasted; the organisation of the plantation industry" so as to avoid temporary over-production is now re-receiving a good deal of attention: 7.00am to 800 racy 18 minute lore the war, the larger portion of it quest of the Rubber Growers Ass and It is hoped that before long "a".00am to 9,30 mmmEvery 10 minuta.

same

The present demand for condemned mille in Japan amounts to

It is understood that as the 1.8,000,000 a year in vahe. Be- was supplied by the United States eiation the official Rubber Commis and Switzerland, but because of the sion recently appointed in the East ateults in securing supplies from have decided not to proceeds

here sources, the Japanese con densed milk industry was greatly, either with the propcegl to entry eveloped, and the output now is restricted tapping on the plan chang Valued at about Y 1,000,000 to for. to dis atinimum sabing pigon, K. 1,700,000 m rear, thus causing the Imports to be largely diminished, says Truth." So fun the Bat The probability is that in the near is concerned, therefor, the Landers. Future no foreign, condensed mil

will appear in the Japanese market.

. RUBBER REPORTS.

In be report isered by Rubana Bubber Estates a profit is shown fo the year of £34-430-say, about 141 per cent, on the capital-out of which

Ita

à dividend is declared of 10 per cent. Bubana is a first-class estate. present parvapitalisation of £80 per acre will, when the labour supply permits, be reduced by extensions to the planteil area; the shares are a thoroughly sound investment. Seine pab, which has a par capitalisation of £69 10s. per acre, hus earned 14 per cent,, but the directors are dis!! tributing only 6 per cent.

A profit of nearly 17 per cent, las been enmed by Victorin Malaya (whose dil, shares are unique' in the rubber market), although here again caution leads the board to detribute Do move than 3 per cent.

(Ceylon Land and Produce, in reducing its dividend ivan 35 per

to 20 per cent.. qxpresses. -COLL,

the dissatisfaction very generally felt by the market at the unfair operation of the Government contri·esi «tes. ! The company, however, has not done badly in the giremstances, and will

do wey much better when freadin of action is restored.

Although the profits of Saugšais ! Chinnor have falen var t07,737 to 415.758, the latter figure is copal to 30 per cent, on the capital. The "divisad of 20) per vent, halves that of the previa pent: hr norrial times, however, Sungkai-Chansor can asily eam dividends of 100 per cent, and the shares ure worth Zelding Trush."

L

THE OUTLOOK. FOR THE

INDUSTRY."

i

Speeches at rubber company meet- ings have during the past few monthe gradually grown more and more. op- timistic, and rubber shareholders will fud an interesting review of the pre- sent position in the remarks made. by Mr. Frank Copeinan in Nevern- | ber, at the meeting of the Eastern International Trust. All the rubber- consuming, countries, Mr. Copeman reminds us, with the exception of Great "Britain and the United States. are short of supplies, and are living from hand to mouth. The American stocks hays, already been consider- ably reduced, and as to Germany and Austria, whatever view we may take" about trading with those countries, they will by some reune certainly obtain the supplies they require. While admittedly our accumulated ¦ stocks are large, they are not,,.com. «cludes, Air: Copemuli, onwiekly in

view d post-war developments.

It is worth noting, perhaps, thit the enormous numbers of actar dør-li ries used "by" the British Anny in France are now to be sold for com-| mercial purposes. No doubt other Governments will follow a similar course, thus giving a porsiderable impetus to motor transport through out Europe.

H

by

practical schema will be adopted

Dutch pinters, the leading groups. of British and

WINCARNIS

Willys

NIGHT!

Price

on application

Improves With Use

The Willys-Knight motor car combines the good qualities which create complete satisfaction.

..

Appearance-beautiful coach work and rich finish.

Performance-the wonderful sleeve- valve Knight motor, beyond comparison with ordinary motor cars in simplicity, quietness. This is the only engine that improves with use. The British tanks are operated by the Knight type of motor

selected after most "critical tests of dependability.

Riding Comfort- Long cantilever springs; deep, soft seat cushions; big tyres. Lasting Service-free from trouble and annoyance

1

In addition, Low Price-made pos- sible because the Willys-Knight is part of a volume of automobile production second to only one in the world.

This car will satisfy you.

C. LAURITSEN, Dragon Motor Car Co.

WILLYS-OVERLAND, I2C.

03-4 Toledo, Ohio, USA.

@ALWA

THE CALIFORNIA WINE ASSOCIATION

are the biggest wine grower the world; having a capital of ten milion dollars (gold).

They produce sound wines at a reasonable price, which compare very favourably with European products. Some very sound Mosele, Port, Hock, Claret, Sauterne and Chianti are now on sale.

SANDY MACDONALD, (Scotch).

Our standing order to the distillers (Messrs. Alexander & Macdonald Ltd).

-"Ship us all you can." Need we argue further?

MONNETS XXX BRANDY.

Is The Brandy which is rapidly becoming known as the Premier Brandy in the Far East.

ALL THE ABOVE LINES ARE STOCKED BY

LANE, CHAWFORD

HASTINGS, HODGE

回

TEL 188

CO

NEW GOVERNMENT BUILDING,

TEL. 188.

HI

THE TABLE.

WETE. DATE.

9.30 to 10.00 a....Every 1% mbrendas. 10.90 mm, 60.11.03 a.m...Every 15 minttina. 13.11.30 parary 30 mhantou. 18.45 mm. to £33.very 10 mizubes. 1.45 pm, ko 2.15 p.mery 10 minute 1.60 p.m. to 15

Haturdays onlymBrwy 25 matomies. 1.30pm to 200 puszirmay 30 quinn bán, 1,30 pato

to 4.00p.m.

Saturdays only... Every 15 maksuton 403 0,00 prary 15 mfirexton. 4.00pm to 100p.m. Epary 10 lumbe

GEIGHT CARE.

8.50 p.m., 9.50 p.m., "10 p.m., 10.30 pam 11.39 pentruud 11.49 p.m. -

SUNDAYS.

7.50. 800x10.30 am...Every 15 minutes 10.30 sum, bo 11:00 E 10 minutes. 11.30am, 19 moca. Every 15 maltrubas: 13.00 moon be TX, 3) p.m.Every 10 minutes. 13.30 p.m. to 1.3). Eroce 15 minubes." 2.00 pm, to 5.30pm. Every 15 minutes. 5.30 p.m. to 00p.m. Bracy 10 mambo

·5.00 p.m. to. 7.00p.m... Every 15 mifaa568. 1.00, 8.00 pm Every 10 minutes.. NIGHT CARS fin. Wook Days. SATURDAYS EXTRA CARS midnight:

1.30 p.m. and

.

SPROLAR CARS by rangement si the

Company's. Oleo, ÁCKLANDRA Buzadings, De Vosuz Road Oestral,

Benson and padah floket Kailable for all cary nob afready fall rauning s the bime stated in the Company's time tablas bat mob for special care, aim ha obtained on application at the Company's Offic No Sec. blokré will be fed unut paymanb therefor has been made in Bank Notes or by Cheque or Compradare order representing Bank Note

JOHN D. HUMPHREYS & SON,

General Managers.

ASAHI BEER

PILSENER BEER SRAND PRIZES

ASAH

BE

ASAH

LAGER BEER

SPECIALLY BREWED FOR EXPORT

WERY

COMPANY

-BOL AGENT MITSUI BUSSAN KAISHA,

EXCHANGE,

Hongkong February 7, 1919,

On London

Bank, Wire

19

On demand,

.30 days' right

"

-4 months' sight,

"Credits, 4 months sight,

Documentary, & months sight 3 On Paris

On demand,

Crodita, 4 months sight,

On New York-

On demande

Credits, 80 days, sigh

On Bombay-

Wire

On demand

On Calcutta

Wire,

5. Da denud. On Singapore

On demand,

On Manila

On demand,

149 4440

HONGKONG "STOCK

EXCHANGE

“OFFICIAL QUOTATIONS.

Bar

BAFKS

ONGKONG & SHANGHAI THR CHARTERED BANK:

THE

INDIA, AUSTRALIA. & CHIN

$18,000,000 || 'Incorporatio et BOTAL CHARTIE

ind

ATTE

ESERYE LANENTY OF PRO-

HONGKONG, 7th FEBRUARY, 1919,

HBANKING CORPORATION.

PADD-OF-CAPIYAD..

BEV Fue----

8berling

DIE AM

Hongkong Banks, 22 8755 b. 700 554 Rassen LAMPTE: OF

£1,800,00083/= 18,000,000 19,500,000

'Hsan Orryen, Lösnow-

· 834,500,000 || Paz-UP CAPSTAR $15,000,000 Kakva F929

PROPRIETORI vendostan

Carton Ins Worthi Chilas Ins "***

134

Union Ing.

#060

Tangtame Jus 14

Far Easterns

Gevre on DERBÒTORA. Hon. My F. H. Holyuck –Chairmas G/T, M.- Hillos, Hari-Departy a

Chairman.

STIER-EMORANORMA

China Fire I15, in $102 b. Hongkong Fire Las........

Barets

$86 &

$21 b..

Indo Chinas (Pral.)...

Do.

(De)

... $150 1. 149/6 b.

HK. Steamboat

Shall Transporta

Star Ferries Bariat

"Chins Sugar","kin

Malabon Sugará ***

Kallan Mining Adm. 17/ Langkate Haub

Trench Minas

43 37/6

Ursi Caspians ... Cas Docks, Waves, ClODOWE, doo

'H. & N.Wharfi, kim-km$120 b.

B. &W.Docksi Bhai Docks

New Engineerings

HE

Horses & BusLDINGS.

Central-Estates,

Hangkang Hotels Hongkong. Lands... Humphreys

Kowloon Landa Land Reclamations

West Points

COTTON MILLL.

Ewo Cottons

$169. TIM b. T.15 b

#101 b. 90

T, 150 b.

168 b

T:170 b..

Aung Yiks Lou Kung Mowa

$14 by

#197) b.

Orientals

Shanghal Cottons

***

Yangiarepons

$155 by 88.30 b.

MISCELLANEOU

Cements China-BorneoS Chins Lights China Providents Dairy Farms, H.K. Electrics.

Macaw 10

Hongkong Ropes: *** H.K. Tramways

"Pool Trawang (Old)

do.

(New)

Steam Laundries .... HK. Steel Foundries...

Water-boats

Watsons...

*Powells

****

Wisemans...

***

***

THE CHINA PROVIDENT LOAN

AND MORTGAGE CO., LTD. --

(Capital

Raid

"p ... $1,250,000.)

Loans on Master of House Property, 40– Goods gaired on Storage. Adre made on.Merchant. Lorna made on the Providest System.

TRUSTRE, EXECUTOR OFWILLS, ATTORNEY, do. Trudertaken and Exerted, (Hate and Partienlows an appäention). To The Office of

SHEWAN, TOMES & CO.,

General Managers."

BANKS.

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE

No. 2 Queen's Road Central CAPITAL

Vie

DIRECTORA:

$2,000,000.

Mr. Pong Wai Tio Chairman." -Mr. Chow Show San, Mr Li Koon Cimun,

Mr. Kan Ying Po. Mok Ching Kong, Mr. Chan Ching Shek Mr. Wong Yuen Tong -CETER MANAGER:

Mr. Kan Tong Po. ASST. MANAGER:

Mr. Li Tse Fang, All-Banking and Exchange basinass transietată. Loans stated on sparared securizine. Terme. moderate Allowed on Current Account at the

• Interest

rate at day cant per aus, wad on Pizza Deportart the following rates,"

For mehe at the rate of 3% per ann For 6 months at the rate of 4% per antita. For 12 mouth at the rate of 5% per sazuia.

FAN TONG PO,

Chief Manager.

THE BANK OF TAIWAN, LTD

(TAIWAN ISKO).

ม

LEPORTDEATED_SY SPECTAR IMETRIAL CHLARTER, 1899,

Ospital Subscribed... Yan 23,000,000. Capital (Paid-up) *-* 25,000,000. Reserve Funds

5,080,009)

HEAD OFFICE › TAIPEI, FORMOSA,

BRANCHES ::

JAPAN-Toro, KOKORIMA, KOBE, CLANAS

A.H. Cobephen, Pg.) Hon. Mr. D. Hon Mr. 8. E

Dodwelli | R. V. D. Parr, Esq. £18. Gulbay, Esq. [J.A. Flummer, Big,

WL. Fattenden, Thaqi

UMIY MAXASTEA Hangkong NJ. STABB, Roq,

Shanghal-1. G. STEPHEN, 'EM. Larsen Balkans-Lounow County &

Weichenerka & Paxz'ı Bang, Ltd.

་་་་

21 Hamamoord->LOYERSET ALLOWED. On Current Account si ibarato call Twiɑ, por mort. persisalmera on the dally balance

Or Trim Diroiters Si For 3 months 24 por conti per annum.

IL J. STARE,

Chief Manager.

Hongkong, “Dek, 18, 1918.

HONGKONG SAVINGS BANK.

THE

TER busloom of the above Bank is conducted by the HONGKONG

AND SHANGHAI BANKING OOR

FORMEN EK<CHANGE! and Clone Banking bustoèm tranmotod.

CURRENT ACCOUNTA1opontid: kad FIXED DEPOSITS received for 3 year er shoekor porlode nå radar which wil' be quoted on spalícnilomi-

T. G. DOWNING PM maga.

Hongkong, May 7, 1917,

THE MERCANTILE BANK OF INDIA, LIMITED

Authorised (Capital Bubscribed btn

BAYE OF EKKLASD.,

-LoudOR JOLIT. STOCK BÜRK® Là

Every descriptionfi transacted.

TAFEREST allowed

Accommiami per cent per annu

on Daily Babieson and on Fixed Deporta

at rate which may be ascertatted an application.

C. LA SANDEA, Acting Manager.

FORATION. Halos may be obtained on No. 7 Queen's Road Central

*pplication.

Hangicom, TB Drommber, 1918.

INTEREST on deposits in allowed on 4 ---

the minimum monthly balances at 31 BANQUE DE L'INDO-CHI.

FXR OFASTT pec Annum Depositor

unay transfer at thele option balances of $100 or more to the HONGKONG AND BHANGKAI RANK to be placed on FIXED DEPOSIT 14 FER CENT, per sangen.

For the Hongkong and Shanghai Banking Corporation.

X. 7. STABBI

Chilaf „Manager.

Pongkong May114, 1918,

# 617

(FRENCH BANK).

"READ OFFICE:

1dle Ken Lasītis, París.

Capital Frx, 48,000,00ET Betgeven. 10,000,0

BRANCHES AND AGENCIES- BANGKOR Hongrong... BAGGY BASTAMKANO, Moxos. Skamma; CANDON NOURAL AINO LAPORK DETRO

PAPERIE HAITECNO

HANDI

BANQUE INDUSTRIELLE DE ASKOW

CHINE

| Sunsusinan CaPIZAR) 10 PIAZZA L40,000,094) PAID UP CARITAN KOS £2,500,00

*

| (1/3 of the Capibál, ká, France 15,000,000: subwrlbed by the Government of the Chiuses Repablo).

Chairman of the Board

of Directors. ÅNDEE BIESTEELON General Manager▲ J. PINUTEN,

HEAD OFFION :

74, Bas Bafat. Eamire, PARIS, BRANCHES:

#

PEKING,

SHANGHAL TIKALSIN, 'HONGKONG,

BLIGON, HAIPHONG, KUNNANYOU,»

BANKERS:

In FRANJE Société Générale pour

TOGRAFE FREX-PIER VLADETUSIVUM *PORDICEDENCY

BANKERS-

IN FRANCE: Comptoir Nation d'Escompta de Paris; Credit Lyonna Banque de Paris et des Pays-Bas Credit Industrial et Commercial; équial Generale.

IN LONDON: The National Provincial Union Bank of England, Ltd. Comp toir National d'Escompte de Paris; Credit Lyodasia.

IN NEW YORK: J. P. Morgan & Oơn

Interest allowed on. Current. AccoSuže. and Fixed Deposits according to Arrangementai

Every description of Banktag - Exchango Business transacted. A. SIRE

Acting Hans

"Hongkang, Oct. 18, 1912”

favoriser le Développement de THE YOKOHAMA SPECIE Commerce et de l'industria - En

Franco.

In LONDON: Lendan County Wook minister & Parr's Bank, Lid London Joint City & Midland Bank

Ltd

L NEW YORK: Redmand & Co,

Correspondents in the chief com mercial contres of the work.

Talographic Address: CHFBÄNKIND. Interest allowed on Current Accounta and Fixed Deposits to Local Currency and in Gold. Terms on application.

Every description of Banking and Exchange business transacted.

Special facilities for French exchange."

M.. ROULE DE JOURNEL,.

Manager.

HONGKONG BRAFOR: Queen's Boldings,

" "F, Chater Road.

Hongkong, Sept. 15 1914

BANK LTD.

EKTAKLIUKAS – 1880,

Augkommen. DarezaL... Text: £8,000,003,00%,

Pam ur CartZÁLI

$7,000,000.00 *£1,300,800,03

Has Orman-KOKOHAMA

1. BLANCHES AND BARNOTES' AN

KYWOWANE

BOURLY

ECHO ATR CALCUTIA "OmamomuR

DAIKIN (DALNY] -

NEW YORK

OSAKA

Pow

FEROFILE (MURIEN) San FratMICS

FINLOW

SZATÁT

SHANGHAY

BSMONOKK

BERIAPOEN

--BOKRARLTA

Tel. 2448

13

HONOLULU HARRIN

ANDEL-

Кол LONDON Los Autoreras

Irox

BTORTO

MANILA

KIMASTU

TECNOFAV

ЗАКРЕОНЕ НА МАЛТЗОНАРРЫ.

EFEKRLANDS. TRADING BOGSETY)

·ERTANNINICIO 1824,

AUTHORED 2,100,000,000— (E8,553,255).

CAMAY

PAID-UP

CARTZAT

70,000,000 (£5,825 2333

-L.- 13,700,235= (21, HEAD OFFICE - ANONSERDANG Branchou st

Boterdam

The Hague

HEAD AGHNOY-BASATIA,

Mor FORMOSA GAS, Kade KazO, THANANEMARIN,

KELLUNG, -MAKUNG, PIAN, BANDOINS “SHTICHIKU, ... Tasque, Taman,| CHKAIBON," `TAKOW, TAMEDI,TORYEE, AKO. · DIERSOORIE, CE IN A SHITGEal EliteOw, KruKLANG, - DICKTAKAKTA,

AMOT,FOODROW SWATOW. Kota Banik, CANTOR SUGAROLE, HOLE,

MAKASSAR,

OTHERS Honaxosa,

SOKKANATA, SUKARANG, BATAVIA, PANANY, BOMBAY, LONDON, NEW YORK

LONDON-BANKERS;":

Capital and Counties Bank, London,

́PRLALONGAN,

PONTIANAK

Brancher st

SHAMORAL,

SINGAPORE,

BOUMARALA

NAHARAKK

BTOKET

Interces allowed on Current Acco Deposita received for fred portoch" rates to be obtained on appilestion-

EISHI ONU,

Hongkong, 17th Sent. 1918.

KORTH BRITISH & MEBUANFERM ZASTITNOR CO.

· WHIC· ÁKN TANKED VIP. MARIE OF. THE DOSAN MARINE

COMPANY

Cand

THE RAILWAY PASSENGE%8.

ASSURANCE CO

YEAE FUNDS AT 81er Dxcnment, 1945

~164) £6,000,000, Tarr Treat (Dell) | [--Antlionwed w 4,500,000

BinHabscribed. Capáčil ko

Fald-

Cab -Fire Find the net na maecena sura me t [IX---La de Azmaity Funds Binking Fund Accounts

AWESTYELD IN.

Correspondents at Bomony, Colombo, And Bouth-Westen Bank, Parr's Bank.

Madras, Pondicherry”: Calerting Bangkok, The Bank Las Correspondents in the Saigon, Haiphong, Hanoi, Amoy, Yoku- Commercial Centres in European Conhams Roba, Haibouras, Bydney, Now tinent, Russia. Manoburia, Thingtao, Yark San Francison, Jon, đón Chrdeen, Japan, Indo-China, Siam, India, LOWDON BANK The Union, 5 of Philippine Islands, “Java, and other: London and Smilika Bank, Kimibet, Dutels Indies,

Ravenue Fire Bravoltassermass bug Zain and Annuity

Hranchis Batenus, Marine.Departmens,

Africa, "ke. Australia, - ámórica, Bank, buyu, sad vella- and reodras Cher Beqalətseases unchan

Taberest allowed on Current Accomm.be

Bovereigns (Banka buying rate) $6.10 a. and Fixed Deposits at rates which wil

be quoted on application.) fr

Ou Shanghai

On demand

20 days sight(prim

On Yokoham 16---.

On demand, ki se ne

Gold fel, 100 fine (per tsel)

Silver (per of)

Bar Silver in Hongkong

Chinesa Oppper Cach

pm.

Chinees Copper Contr.

Hate of Native Interest

Hongkong Butt Cola

DRES

Chinese Bab. Coin or make 10% da

NAOKICHI YANAGITA,

Manager,

BONGKONG, BRANCH:

* Dos Van Róádu

Hongkong May 1-1818

for 'calisation Billa of Brahange, resor Bethora of treči oz fta: Braunfin, and Correspondents. In the Etek, for the Continent, in Grash Britain, America, and Australia, and transse banking business of avery description,

Hongkong, Oct. 20, 1911

- 25.889,219-

Tan Accumulativa: Tunes o'tko, 'vustomm Brunel are separately 1 ve tad, and, by Act of Parliament, are ret and to mess the calma, under the respectivé. Depart menda of five Denipisny's Büripäer,

SHEWAN, TOMES A COM