COMMERCIAL.
Gold Reef in Japan.
Vernaculor papers report that an axtonsive" gold reof has lately. been discovered in a mountain
near Shimosumo, Lhinano pro vinon, and that a survey has been carried out by oxperts of the Do- partment for Agriculture and Commerce, It is stated that the reaf extends over an area of 2,000
It,
Rubber and Tin Returns, Kapoewns, 1011-3,250 lbs, ; Jan. 1 to Sept. 30, 1912, 15,930 lbs. Mergui, 1,254 1b; five mos, 0,184. Topping stopped for a part of the math on account of 2,095.
rains,
Kuola Sawah :
Shanghat Share Market.
24th October, 1012.
Few transactions have taken place sines the issue of our last circular. The market generally Rates for Rubbers in inactive. and almost all other stocks remain unchanged, with the exception of Langkats which have declined to TIB, 55.
THE HONGKONG, TELEGRAPH, WEDNESDAY, OCTOBER 30,-
CHINESE ENGINEERING AND MINING CO., LTD.
Entire Reversal of Chinese
Feelings.
| position and prospects of the busi-
ness. He says *-*-..
During the last two months (that is, July and August) basi- noes has been very seriously im peded by climatic conditions. Heavy rainfall has rendered most At the Statutory Meeting of of the country where our largest the Chinese Engineering and sales arò effected practically im- Mining Co., Ltd,, held in London passable for coal carte, with the on the 30th September, Mr. Wresult that our sales in the North Fitz James Turner, who presided, have been reduced to a very low atde-the-following remarks in figure. The stocks accumulated regard to the present position by contractors and purchasers and prospects of the company who speculated largely in coal sinco the amalgamation with the | Lanshow Mining Co.
Banks INTERNATIONAL DANKING CORPORATION
Head Offenda, Wall Sırset, New York, London Office 3-yó, Bishopsgats, K.C.: BRANCHES
Boobay.
Calceti
Canton
Caba Coloni "Raspira
Hongkong
16 ankowy s
Capfial and Rejerry Luminous
about.
Banks
LJONGRONG AND SHANGHAI
H
BANKING, CORPORATION
PAID-UP CAPITĀLI.
T/T.
Demand
30 dh
Kolis.
lin
60 da
Piná
KRENYE LANCI STK: OF / PH30,
PRIETORS imkonin
San Francisco
"Shangbal
COURT OF DIREITO ES
Tekočama ~$6,000,0
BILLS NEGOTIATED and COLLECTED, **MAIL and TELEGRAPING REMITTANCES LETTERS OF CREDIT and DRAFTS granted KUZ LANKS CIRCULAK LETTERS OF
EVERY DESCRIPTION OF BANKING BUSI CURRENT ACO CURRENT ACCOUNTS opened on the usual owing to the vory low prices rulOSITS RECEIVED, Axed for our year at ing in the early part of the spring 4X per annum, or for shorter penade, at rates, which You nro aware that the have not yet beonexhausted. Our may be ascertained on application business of the now company in overeen sales have, however, been mad China, together with the business developing, it is true very grade principal cities it eit LETT of our our former competitors, ually, but still, taking various cuDIT are available all cg the World the Lanchow Mining Company, adverso circumstance such as high ROOMMERCIAL LETTERS OF CREDIT has been placed under the direc-rate of exchange and freight PURCHASE and BALE of Stocki and Shares tion of a body consisting of into consideration, on the whole representatives of the two com- satisfactorily. The opening of panies known as the Kailan new markets progresses. Agencies Mining Administration,
faced
TRAVELLERS CHECKS sold and cashed.
ÜLÜKOK ROCKA, Manager.
3. Queen's Road, Hongkong. [19
THE
Es Bellim, Fag.--Chairman (5) F. H. Armstrong, Esq.-Deputy Chairman-
F. Limb, Beq
Dodwell
Andrew Forbes, Ea 0,7elesland, Begi
E. Chibby G. 1. Imara, Eng.
W. L. Paltenden
How Mr.O, H. Bow
IL & Biobs, Esq.
MAN CHIKY MANAGER?
Hongkong-N, J. BZAZI..
ACTING, MANAGER, SHANGHAIA."G, STEFILER,
Lowbow Bayxxx-Lordos COUNTY
AND WHETHERerun, Bank@LanMTEND,
T/T. Sherganli.........skerusuõsadres
Exchange
2-15/16
D/P
8/13 m/s, L/O
,9/1 1/10 | 10 3/19yJoey & Miho
2/1 3/16 10 d/ Bag Foo & Nyw
71m Marka
TT Bingapore......................................884 | 4 moja. Frábs T/C. Japan..............100) 3 m/s do I/E. Radia ... sis.............154. Bar Silver, ready: ...........................
emand, India.¶*****
1544 Demmad, Manils............ 108
forward
E. San Francisco and New York 60}'| Gold, Lauf per tasl
CT. Jam mamme 124|| Tank of Singland mig2 nuevonvaassionat TYT:- Mark”,,. '...........................218
Dronas par $ing
Subsidiary Coins.
Howowows---Lucænum ÁzzoWENŃ
Un Cerencă Anments of the west.# you can. | Chines: ...20 (cis, plecea: ...$7 7/16
ON FIXED DETŰRÍKS:
Opitim Quotation,
Malwa, New ......$8,000 Malwx, Old................... 8,100. Malwa, V. Old, ... 8,625·
Oct. 25.
Cinere 10
571
Paralan, Bos quality 1,487-
-1 Aantum em the Gilly balsam. į
་་
For Smoothe, Tic por Chot; per kaanon;- For 6 months, 33€ por /Desk, por Annum. Wine 13 moenška, i per Chel. per ARDUM.
2. J, STARR, Chief Managee,
HONGKONG SAVINGS BANK,
YOKOHAMA SPACIE BANK, THE Buds of the abere Bank b
the at Swatow, Amoy, and other const Mongkong, 20th July, 1912 general manager of the Admini-ports, have been established, and stration being Major Nathan, who are gradually engaging, business. hins so successfully served the old while quite recently a contract company for a anmber of years has been made for a year's supply in tho samio capacity. This to Manila of 50,000 tons at a re- Administration was constituted munerative rate. immediately on the formation of the company and took over the Sterling Quotation: The T. Tirection of affairs as from July Rate on London to-day is 2/101. lant.
Business Recorded :-
B
Additional Control.
LIMITED,
Established 1481,
0.6
**
"Other and more important influences, however, are at work, from which I foreseu fature AurnoRISED CAPITAL Yen 48,000,000 developments, the value of which PAID-OF DAPITAL ...
.. 30,920,000 Cinnot be estimated at present. | Kunya Food
17,300,000 October 18th Shanghai Clab that, in addition to controlling ly the entire reversal of the feel- It may be as well to remind you First amongst these is undoubted- per cent, Debentures T. 100 the existing nines of the two ings of both the people and the onsh. Kung Yiks Tis. 12 cashmanios, the Administration Government towards the Kailan Internationals Tis
68 cnah. will also have control of the Mining Administration as com. Shanghai Cottons Tls. 84 October. mining rights of the Kaiping pared with the Chinese Eng: Antung-Hsien Dominions Tis: 20 cash. Son-Basin, which has a estimated ineering and Mining Company Bombay Padang area of 100 square miles, boing (Limited). The two months that Calcuts Tis. 10 cash. Astor House $3 20 miles in length by an average have elapsed since the formation Changchun
ambus Tis. 3.10 cash.
cash. Amherste Tls. 3 cash..
October 10th-Municipal 0 per cont. Debentures (1911) Tis. 100 onal. Sua Manggis Ts. 62 curb. Chongs Tla 4 casli..
October 21st:- Auglo-French Land 6 percont debontures (1011) Tis, 100 canli. Shanghai Land
of five miles in width.
of the Kailan Mining Administra- The time which has elapsed
(Continual on Page 10 Y since the formation of the com pany is so short that we have very little information to lay boforo Public Auction.
G.
R
PARTICULARS and CONDI- TIONS of the letting by Publie Auction Sale, to be held on MON- DAY, the 4th day of November,
conducted by the HONGKONG. AND SHANGHAI BANKING. CORPORATION. Bules way, be obtained
Application.
"INTEREST on depolis is allaund
on the mininum monthly balanes al "13]"} Pin Cat. Per santista,
Hongkong.30
Hongkong 10
Patna, New.................. $,830
Patus, 013......... 8,400. Batiated, Naw ...... 8,700 Bepare, Old
******* 8,500,
SHARE REPORT.
B-BUYERS
Depositors may transfer ai thala option Dušanom of $100 or more telthai Hommikoma AND BRANGRAI Bar to be placed as FIXED DEPOSIT NU 4 PIL Chart, par Hongkong & B'hal 3125-
For the HomÉCONO¦ AND Balanggai BARRING CORPORATION,
N. J. STARE, Chief Manager | Cantone
MARINE INSUNANCES,
North China
THE CHARTERED BANK OF INDIA, AUSTRALIA AND,
CHINA.
-}
$106a1 • Pato in VALUR.
CLONE Q's
PANKE
1805 i..
Head Office. YOKOHAMA,
SETI (LED,
482
Branchre
Angonoies
Nagasaki.
$50
Newchwan
1280 b. r135
New Yorkg
Omka
Cabos
$100
$815
Dairan Feng
Pekla
Byajan Port (dr- |
Flankow Hodola Kobe
thor)
San Frandeco
Inconrorated BY ROYAL CHARTER 1803.
Yangtz
450 $1874.
VERK, INSURANCESĄ
Shanghai
Tlohling
Oblas First Hongkong, Fires
$20 11.40
13.
*#60: 60
b.
CHIPPING
Tientala
$25 181 K
Totro
800 $25
PROPRIETORS...1,200,000
Steamboat
Indo-Cblam
$10 128
(Preferred), (Deferred)
170
101/6
|$11 b
b.
BABL
b
$100 $108 $100 Beat
Chlaser Enginearings: 41
|18/ ..
Горовья Baube
68/-
3.60'sa, & b.
Lizo-Yang London Lyour
you to-day. Wo have, however, received a detailed report on the working of the business for the 6 per cent deboutures (1894) Tis. | month of July. It appears from 100: (1901) Tla. 100: (1900) The. that report that very heavy rains 100 caeb. Municipal 51-2 por wore experienced during that cont dobentures (1893) Tle. 99.3-4 month; the whole country around cash. Municipal & por cont (1901) Tientsin had been under water, Tis. 103, cash (1919) Tls. 100.1-2 causing considerable damage to cash. Tugs (prof) Tis. 40 cash, crops and stopping all means of Its Excelleny the Governor, of Fonawanga Tia. 21.1-2 eneli. Am-of transport. In all parts of Two Lots of CROWN LAND West Hongkong, 1st April, 1912. herst Tls. 31-4 cash. Chengs Tle. North China, the ruins, lind, slone { of the Public Laundries, Kennely 4 caali Almas Tls. 7.3-4 cash. considerable damage, and for a Road, and bel Kean'dy Road Anglo-French Landa Tls. 85 cash, time the transport of coal had aspect rely in the Colony of Hongkong, Hail and Holtz $18.1-2 mb. been entirely stopped. Crops for a term of 75 yosis, with the October 22nd-Country Club had suffered severely, and it was ption" of renewal at Crown Rants to ta fixed by the Sarvoyor of His Majesty debentures Tls. 00 casli. Astor anticipated that in consequence House 7 por cent debenturos Tis. tho supplies of native fuel this 87.1-2 cash. Langkats Tls. 50 antuma will be very considerably cash. Tuge (ord) TIs. 10 (pref) decreased, which should cause a Tis. 40 cash. Zinugbes Tla. 4.1-4 larger demand for slack coal in cash. Chomore Tls, 4 12.1-2 can the various industries. Anglo-Dutch Tla. 1.35 cash. Phi- lippines Tin. 4 canlı.
INTEREST ALLOWED ON CanaNT Accouer. Deposita ressived for fixed perioda at. 1918, at 9 p.m., at the Office of the rates to chanel onapplication. Public Works Department, by Order
ТАКЕО ТАКАМІСНІ,
Mlangor,
Notices
18
HEAD OFFICE —LONDON, PAID-UP CAPITAL £1,200,000 Chins & Manilas REVE, FORD 1,850,000 Douglas Blomships TER LIABILITY) (OF-
FOREIGN EXCHANGE and Couaral Banking business transactel
CURRENT ACCOUNTS opened and FIXED DEPOSITS 1000red for
your ur shorter periodu st rates who's will be quoted en application.
WTM. DICKSON, Meer. Hongkong, 1.th April, 1912. [22]
BUTAH ASIATISOHE
the King, for one farther term of 75 CANTON KOWLOON DU
yeim,
PARTICULARS OF THE LOTS, Up Price.
Angel Rest... **
Constanta in Bq. ft.
£
LOCALITY.
R
کیسے
ہے
%
ૐ
&
The Business Under the New Auspices. October 23rdland S. Binks the business under the new au
To considering the working of $800 cash. Contral 8. per cent. apicos, it is necessary to avoid any debentures, Tls. 100 cash. Mun undue expectations regarding the icipal 6. por cont. dobontures first few months. The domand (1003) The 102.12 cash. Tugar coals is affected for the time (pref) Tls. 40 cash. Soy Chees being by the fact that contrac ls. 35 casti. Kurama Tls. 12 cash. or had taken advantage of the Zinagbes Tis. 41-4 cash, Almas extremely low prices caused by Tls. 7.3-4 cash. Amhersts Ts. the severe competition between 3 1-4 cash. Chemnars Tia. 1-12.12 the two companica to lay in as aash. Tobonga Tle, 13.1.4 one. large stocks as they could possib- North Chinas Tis. 135 onthly carry. This must necessarily Tramwaye T4, 57 cash.
have the effect of reducing the October. 24th-H. and 8[demand at the present time and Roglary No. Banke $800 cash. Shanghai Gas) until theso stocks, bought at vary debentures Tls, 104 cash. Soy1w prices, have been disposed Hongkong 20th Oct., 1912. Chees Tls. 34.1-2 cash. Ailierato of or materially reduced." Au- Tls. 3.1-4 cash. Gulna Tls. 11 other point is that the return cash. Senawangs Tls. 21 1-2 wish. to a normal scale of prices Ohemors Tls. I. 12.1-2 cash. from the unluly low figures Permatas Tls. 3 cash. Padongs which have prevailed for a long Tia 10.1-2 cash. Tebonga Tlatimo past must be gradual. It is 13.1-4 cash. Tolopliones T. 09 not possible or desirable to at oash. Wecka and Co.. $22 3-4 onco restore pries to what was onghi.-J. P, Bisset and Co.'s formerly their normal level. ToQBEAP EXCURSION TICKETS circulnr.
ilo so would be to obeck the lemand. Prices are, however,
Japanese Rallway Rates..
The now tariff of freightslieing gradually restored as cir-
cumstances pormit, and wo anti-
No. of Sala
Notice
RAILWAY,
IMPORTANT ALTERATION OF TRAIN SERVICE.
BANK.
T
Shell Transporta 41
Stax Farry { $10
*KETİNERIKS› Oblas Bigar Lusos Bugare
ΜΕΝΙΚΟΣ
| dapital FolLY
Paid-ur......Sb. Tar's 7,500,000|0OCKE, WHARWER, & DOWNS
Kowloon Wharlata
l'eab Orrine—SHANGHAI, Board of VinECTOLS-BEAUIF.
ON and from FRIDAY, Novembar an
1st fallang impor.at Haplarg alterations vill bo modo in the present Fating
Taisenla
Time Table
The fist Loc Triin will lasta Kowloon at 0.50) .M. la'tead of 7.00 .. end rotura from Shum Chun at 3.10 A.M. instead of 8 15 x M.
From Caston › Kombies the fret Through Train willenro at 7.85 x M. instead of 7,45 a.*, and the resoni at 10.45 am, iu-tead of 11,00 am,
An additional trin for and class pas engers only will love Shum Obua at 2.88 PM, on SATURDAYS only (705lling at all Stations and arriving
CANTON KOWLOON
RAILWAY..
FOR THE WINTER
MONTHS.
OMMENCING on FRIDAY 1st
Kowloon t 3.89 .M.
ВКАМОНЕЕ: Calcutt
Banton,
850 72 H. & W'poa Dooky 950 · |{49} Shanghai Dooks r. 100 1148 b Hoogkaw Whorfa T. 100 LÅNDS, HOTELA = BUILDINGS Anglo Prenéh Lands T.100
Canton Kobe
3.98
0.94
Singapore. Tient-in
9114
Tungtau
Yakora **, Hongkong Hotela - $50
LONDON BANKERS
$78-
$100
$106 ·
$10
148: an, & bi
$30 1185
b.
T. 80
C,83
-$50 (456):
Mar. . H. BorNICHILD & Sons Hongkong Lands Tun Union of Lompor and Smira's Humphreys Estates
Kowloon Landa“, Bark, Limited. Davracia Base (Baru), London. Shanghal Lands
AGENCY.
DILECTION DAX DISCOITO GESELL West Points
SCHAFT.
INTEREST allowed on Currend} Manila M'pole Hote! P.10 Pa..
COÉTON - MILLS) Account. DEPOSITS received on term wich may be learned on application Ewos -
T. 50 1.10 va. Every description of Banking and
Hongkong Cottons). $10 (15 Exchange baciones transacted.
MISCELLANEOUS. R. TIMMERSCHEIDT, Chins-Boruto! $12 89.51.
Manager.
$10112.20 Hongkong, 9th Oct, 1911.
[
Light and Pow
Dra. (Bpas, shared) 83 Obina Providenta $10
SATURDAYS and BUNDAYS excepted, the last Local Train will leave Kowloon for Blum ( ban at 5.50 PM instead of 551 r. and wil return THE MERCANTLE BANK OF Dairy Farms from Shun Chun mi 6.81 r.. in tead
of 0.52 Partiring Kowbon st 1.28 .M..
· INDIA, LIMITED.
Grimm Iolanda'
16.
Aut' 100d Capital..........£1,500,000| Hongkong Hostdan $10 $24
-1,125,000
Hongkong I ai 662,000 365,000 Hongkong Boper
OnSATURDAYS and SUNDAYR|8cribed only, a train will leave Kowloon at å ald Up 6.10., and return Inn Slim Chun Beserve Fund. at 6:14 x M. Hopping at Fan Ling and
Novea ber, and ustil far.ker | FA
on the Government railways came cipate that it will not be long into oporation on the let instant before they are restablished on antice the Allowing Special Excursion The Expres Trala Imin Canton Bombay.
The railway authorities expect that revenue will be sacrificed to quite satisfactory basis.
It is, of course, too early for us the amount of Y. 1,500,000 by the now tariff, a soveral classes to attempt to form any estimates of froight have been reduced. as to the result of the first year's It is, however, generally believed working. We are able to say, that the now tariff will in prac-' tice show a profit, as the traffic of goods will ingroase with
lower rates.
Tal Po and wili: Kowloon, at 7.05 40, Threadle Strom, Landon, EC.
Orleatis.
HEAD OFFICE:
BRANCHES : Keady, Oull
Cangkate
$10 $19.
g. 10
Morning Pist
126
Singapita Penang
Peak Tramway
$10
Do. (asm).
Philipy low
Fs es will come into operation b sween leaving Shan Chún at. 6.^5;1,x will Hongkong and Kowloon and Canton noi call at Faa Ling. and vice versa.
*
17
First Class Return ......$6.75 Second "
om $3.00 Third
......$1.80 These tirkein will be avaliable for the
of itsas.
Howrah. Delhi, Breakfasts, Hot and Cold luncheona aladena. ́and_ot"er reʼreshmants may from this Kamahl. istë be' obtained by piesongen trivell: | Bagood...". however, that the business is
ing by. We Throngli Traint loiving | Gekombe, Kowloon at 8.15 . and 9.40 r.x. already feeling the benefit of the naw arrangement under which arner for ons week from date and Caton at 7,85% and 8.65 t. the affairs of the two companies
Holders o' thesa; tickets erő entitled All other, Tisins, wil" remain, as ati in China are amalgamated and travel free songs the Harbour by the present adre tied administered by the joint hoard. Star Fery, but are not permitted to October 25, 112.This combination has not only brask the winey at fatimed at
Shanghal Bullion.
Bar Bilver ...d.25,3-16.
Mexican Dollars.'~.
Market Rato. Tls. 74.225 Dragon Dollars,
Native Bank Rato
74.125
Copper Cash per Tls. 1.787: Shanghai Gold Birs 8'hai Th», Bar Sliver
THA
By Or er.
resulted in doing away with the Stall as disastrouscompetition from which we have boan auffering for some time past, but it has brought an nonsasion of influence in many directions, which must in due [time have important results.
Position and Prospects.
I cannot do better than quote verbatim from a recant letter from Major Nathan which gives the Buying ratom Tia 6,88 latest information regasd
Native Interest.. Sovereigos: Bk'a,
H. P. WINSLOW, Manager, men
Brilsh Section,
Konlcon-Canton
Hallway.
The Administmtions,
Übiners Bogtion,
Ginton-Kowloon,
Fy Ordar,
Tima Tablo may be obtained at all Sations and at the Head Offices at Kowloon and Unatosfé
By Order,rend pa H. P. WINSLOW!
Mangar}***
British Section,
Koula-Chata
Kote Bihra, Kabatın. Kuala Lumpur, F.M.8. Jongkong... Shantel
AGENTS IN JAPAN : Monara, Jardins, Matheon à Co., Ltd. BANKERS!
Bauk of England. D
H. Prin à Co., Lä, $10 1912,
| Society; duž Prdered $501
Pulparat
paid up $50/
Papiertorios
du Toskla
Leiden United
London Joint Stock-Bank, Ltd.--- Stasi Lamdry
VERY decription of Banking and l
E
* Machanga, basinets - LasnasetadiĮ
| Stocks, and › Bhares: bought-and told
10 seconist of Constiísculași Lutears of
Unifid#/
Credit granted on Agents and Comm- | Union Waterbout
pondants all over, slag world. Mag
counte
Ofläcos Beeflont
allowed os Darmant. Aj-
THO
|011:
10
LAST DIWDEND AND DATE:
£1.0.0 st m 2/-1/16 aqua).
to $19.95 for† your ending 300-12
$8 for 1911
Interim of 10 for 1911 Final of 810 making Bafi for 1910. and Intent af 80 for 1991
13 for 1909 and Int, hij
$8 on account of 1918- 87° & b's of $2 for 1919, $27 for 1910
$1 for 1906!
Bp.a. for your end'g 866-19 Dividend of $1 for half
Your_maling 80×6·19'' 6% for year 1910 os
preferred shares
8-per share Coupon No
18.
15 p. a. for year ending
30.4.12
95, for 1911
18 for 1807
1/6 per share final 1911
(Coupon No.18)
TIL, 629-1-10 $8 on old shares, $1.50
on' new sharms' for half
· year 80 6'12
Intering div. of SBJ for 1919**
40 cents for 19117:
· 81,75 for 19115:
5% for hal year to 30-6:13.
+
Interfas dir. of #2 for 1918:
15 per cent for 1910.
P
Ts for yearended 81°10'101⁄2ï° T7 for year didid ?20°13·1; } - 50 comis $1.7-04
b
* SĮ for 1911-**
75 semiv for 1911
$1.25 for year end”g-21·7·32
40-gent for 1911;.
C
Intexam 43 for 1919
91' interim account 1913
Interim,divi 2,1, 15-5-13/ Interim die. T.1;18-611 Do/ T1, 18-21NU
800 venta (os) Fully a pály shakin and § röenta on BI paid shares Byr-your ouding 10:4:13. Nong-1:
* 1910.
No comments yet.
Private notes are available after approval.