1913-10-07 — Page 10

Commercial

.THE RUBBER MARKET

We take the following from the Evening Standard.

The strong revival of confidence experienced in rubber circles towards the middle of the month had naturally induced hopes that the rally in the price of the com- modity would be fully maintain- ed, and be followed by a father improvement, but the unexpected hae, once more happened, this; time in connection with adverse American trade developments, which, especially in the share market, have been unduly meg nified, probably with a view of

the other hand, inferior crepes and smoked sheets found a pretty wide outlet among bayers." The tendency on Wednesday was a little batter, on the whole, with more life about the competition and hardening prices, the de- mand, as before, being best for Cropes and amoked sheets.

Recent Fallure of an Indian

"

THE HONGKONG TELEGRAPH, TUESDAY, OCTOBER 7, 1913.

TORONTOS WAY AND

LONDON'S.

A Toronto lady who has heen exploring Richmond, Ealing and Hampstead expressed her surprise that the coouplers of the pretty

Langkat Output.

Public Companies

THE DAIRY FARM Co., Limited.

پرانا

Banks

INTERNATIONAL BANKING

· CORPORATION."

Hand, Dillon pide, Wall Street, New York. Loodos Ofice :--jó, Bishopagnia, L.G.

BRANCHES :-

Bombay

Captu

Cabe Calon

Hooghong HAN

Banks

TT

CORPORA 80.d/e

HONGKONG & SHANGHAI Demand

BANKING

TION.

Paid-up Capital.

Kobe

Maxico

Paking.

Shanghai

RESERVE FUNDS:

Sterling

- Yokožama Capital and ReservemenĚ 3:066,000 (Gold)

sboot.

EVERY DESCRIPTION OF BANLING BUSI

NESA transacted.

CURRENT ACCOUNTS opened on, the sessi

serata.

DEPOSITS RECEIVED, food for one' your st

"PURCHASE and SALE of Stocks sad. Shares

GEORGE MOGO, RAVELLERS CHECKS sold and cashed,

Manager."

9, Queen's Road, Hongkong

191

THE

YOKOHAMA SPECIE BANK,

LIMITED.

13

villas don't sit out in their front gardon's. Texplained to her that many of them would think such "People's Bank,”

a practice savoured of Stepney. The People's Bank of India of 'How foolish," she rejoined. In the failure of which news came Toronto the K.O. sits in his front recently to hand through Renter, garden to study his briefs and was one of a number of new banks the editor to write his leading

AZ DHE KOSTUM, DE Für shaser Dariods, AL 1996, which- may be uncutsised en application, whiob. came into existence about articles.'-Daily Sketch. six years ago in Indis, and were

BIBLE ERGOTIATIO and COLLECTED. MAIL #13 TRIKEORAPHIC REMITTANCES commonly known as Swadeshi

WEETMARK OF CREDIT and DRAFTS granted ("own country") banka, being. The following telegraphic in-l the principal eling in the Work

THE BANKS CIRCULAR, LURTERS OF entirely under Indian manage formation dated 1st, inst. was re-carson cable all free ride

DOPVERCIAL LESTERS OF CREDIT mat, and having" their head ceived in Shanghai from the Summ getting cheap stock or covering,fices in India... The first of these ntra Director and Manager of the outstanding bear commitment* which are believed to be still, of was the Bank of India, with Sir Maatschappij tot Mijn-Bosch-en Sesoon David as chirman, and Landbouwexploitatie in Langkat: considerable importance. Bati

its success was so immediate that The outpat of crude oil during for the financial difenities which have overtaken a prominent Now chers followed in a flock. Most the month of September was Bogkong, ist Nor., 1912

of them stand well enough in 6,512 tons. York dealer, whose troubles 'mas prove of a merely temporary repute, na my be been from the abare market reports; they are character since financial as-ist-

honestly and economically mau. ance has been already afforded, the stability of the murket would aged, and handle a class of busi nesa not touched by the British probably have been sustaine 1.

binks. For depositore the at- ́Although rentiment has heon traction is, of course, a high rate prejudiced by the New York of interest. The bank that has just. dealer's disclosures, it may be failed, like many others of its assumed that the worst of thie kind, had a large proportion of its unfortunate event has already share capiti awaiting calle-an been pretty fully discounted arrangement which helps to so· Crude rubber prices have not cure depositors, but cannot pre- been really much affec ed, having rest a crash when a run comes merely lost the little ground In this ewe there have been no gained recently and gone back premonitory symptoma.. Shares practically to the lowest recorded have been steady and have ohang this year in the case of plantation od handle but slightly during the grades namely, about 24. 811 past six mouths, the Inst move per lb. for No. 1 Luex for early meat being a rise. It will be a delivery. The underlying cou- great pity if this failure tende to

THE TRANSFER BOOKS of ditions nevertheless remain hesl-create distrust in the Swadeshi thy, the recent deliveries of banks since they afford a good the Company will be CLOSED plantation rubber having been on outlet for Indian talent and from 1st to 11th October 1913 a big scale in execution of the enterprise, helping Indians to both days inclusive. current contracts. New demands take a more real, and incidentally for spot staff have, of course, a more profitable, part in the bean temporarily checked, buyere development of their country than having deemed it advisable to the official posts which are too paraue a more cautions policy, often regarded as the only road owing to apprehensions lest to that end. the American trouble should precipitate farther liquid- ations. This, coupled with the continuation of rather heavy iron on the free list has brought arrivals and the reluctance of one of the Pennsylvania Senatore importers to meet the demand at to the front with doleful anticipa: the reduced prices obtainable, tions of the closing of our merch has naturally resulted in some aut furnaces by the rush of accumulations on the spot, which imports from China. His figures has thrown a greater weight upon as to wages and other costs in the auctions.

that country make a striking contrast to those of the Penusÿl-

Chinese Iron Competition.

NOTICE TO SHAREHOLDERS. HE SEVENTEENTH OR. TH

DINARY YEARLY MEETING of Shareholders in

Established 1880.. Authorised Capital Yen 48,000,000 Paid-up Capital.... 30,000,000 Reserve Fund ............ - 18,350,000

Head Office, YOKOHAMA

Branches Antung-Hsion Bombay Caloutta Changchun Dairen Fengtlen Harbin

Honolulu Kobe Liao-Yang London

the above Comp ny will be held at the Company's Town' Office, 2 Lower Albert Road, Hongkong, on SATURDAY the 11th October 1913 at 12.30 p.m. for the purpose Hankow of presenting the Report of the Directors and Statement of Ac- counts to 31st July 1913.

#

By Order,

M. MANUK,

Becretary:

Notices

NOTICE,

1

The proposed placing of pig HE Business of the Asiatic Petroleum Co., Ltd.,' in Hongkong and South China will henceforth be carried on in the name of the Asiatic Petroleum Co., (South China). Ltd.

For the Asiatic Petroleum Co., Ltd.

N. L. WATSON, Hongkong, October, 4th 1913.

NOTICE.

FOR SALE VALUABLE LEASEHOLD PRORERTY.

Unless unexpected further vania iron makers, but when we financial troubles arise in the trans-Atlantic trade, there is but come down to actual fact, the little doubt that the inherent Prospecte of any real competitira Reem sufficiently remote. China strength of the position will soon he certainly large resources in reassert itself, and thus atimulate' the general trade demand, as it iron ore and coal, but their devel- is obvious that inquiries both on opment so far has been excreding- American and European account by slow and does not seem to in-TWO have been temporarily withheld. Crease. The largest iron worka

of the Rubber Growers' Associa-

Agencies at Nagasaki Newchwang New York Osaka Pekin. Ryolun Port (Arthur)

Ban Francisco

Shanghal

Tishling

Tientsin

Tokyo

Los Angeles

Lyons

Interest Allowed on Current

Account.' Deposits received for fired periods at rates to be obtained on application.

EISHI: ONO,

Manager, Hongkong, 30th Sept., 1913.

THE CHARTERED BANK

INDIA, AUSTRALIA AND UHINA.

Incorporated by Royal Charter 1853.

OF

£1,500,000 at-2/****

Silver

$15,000,000

17,450,000

Reserve Liability of

Selling

160 da

13.000,00 € | T/T Shanghai T/T Singapore

$32,450,000

Exchange

T/T. Marks 15/16 T/T. Francs "an2/. On Halphong.

...........................7214 / 4 m/s.'L/O

204

1/16 On Balgon

1/8 On Bangkok 3/16

Buying

2/-1/8

85.14 4 m/s. D/P°

21-5/8

Private 30 dis sight S'hai T/TJapan

7996 6 m/s. L/C

T/T India

T/T Bombay...............

Demand Bombay T/T Calcutta

........... 97 †39 8/8.8'ney & Melbourne 2/-3/4

1481 30d/s. San Foo & New Tork, 4912

.............14844 m/s. Marks

.148 3/4 - 4 m/s. Franca

148346 m/s. do

148 9/4 BarSilver, ready +148:3/4

forward

.........98 Gold Leaf per tal

2095

.258

:260

.28.1/8

28 1/16

52,70

T/T. San F'o. & New York,48 3/8 Bank of England rate .............. ..5%

$9.95

Demand Calcutta".

Demand India

Demand Manila'

T/T. Java.........................................120 3/4

Sovereign

Subsidiary Coins.

Opium Quotation,

Discount per $100

Malwa, Now Malwa, Old Patna, New

.... 4,303 porohe.

4,250

4,800

4,000

Proprietors$15,000,000 Chinese...20 ota. pieces $73% %

COURT OF DIRECTORS.

S. H. Dodwell, Esq.-Chairman. Chinesa ...10

Hon.

D. Landale-Deputy irman.

friesland, Esq:

Gubbay, Esq.

i. Holyoak, Esq. G. H Laurens, Esq. F. Lieb, Esq.

W. L. Pattanden, Esq. J. A. Plummer, Esq. Hon. Mr. E. Shellim. H. A. Siebs, Esq. CHIEF MANAGER: Hongkong N. J. Stabb. MANAGER. Shanghai-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,

1

ON FIXED DEPOSITS.

For 3 months, 24 per cent per

Annum.

For 6 months, 3 per cent per

Annum

For 12 months, 4 per cent peri

Annum.

Hongkong.20 Hongkong.10

481/4

"

品

$614

37 13/16

Patna, Old.... Banares, New Henares, Old.

SHARE REPORT.

BA-LASK

CLOSSINO QTONE

S-SELLERN

Stocks & Paid or Valon.

BANKS!

f$788 Ba.

£79

Hongkong & S'bái 125,

$50 (395

MARINE' INSURANCES, Cantons North China

Unions

Yangtzes

£5. |T187).

$100 $786 b.

TIRE INSURANCES; China Fires Hongkong Fires SHIPPING, China & Manilas

B-RUVERS

Aug. 15. $3,350 perpla

3,500

ATT DIVIDEND AND PATE

"

£2 at ex 1/1136 equal to)

$20.31 for 16 year ending 30/6/13

#18 for 1912 Final of 10 pic, making

20 p.c. for 1911 Final of 820 making $50 for 1911 and Interim of $30 for 1912 · Final of $12mak. $15 for

1911& Int, of$3 for 1912)

$10 for 1911

£50 $192

820 8150 b. $50 6368 b. $25 68

#27 for 1911

Douglas, Steamship $50 - $33)

Steamboats

Indo-Chinas

(Preferred) (Deferred)

$15 $2814b.

"Shell" Transports £1

}

£5 183

b.

105/-

"Star Ferry

$10 $573%

HONGKONG SAVINGS BANK

REFINERIES.

$100 897

N. J. STABB. Chief Manager

MINING.

118THE Business of the above China Bugara

Bank is conducted by the Luzon Sugara. $100 $35 HONGKONG AND SHANGHAI

CORPORATION Chinese Engineeringe £1132/6 BANKING

Rules may be obtained on ap- plication.

'INTEREST ́on deposits is el- lowed on the minimum monthly, | balances at $3′′ Per Cent. per an-

num.

fi

Tronohs Raubs

£151/3 £1 $3.10

DOCKS, WHARVES, & O'DOWNE Kowloon Wharfs $50 $90 b- H.K. &W'pos Docks$50 {|878 b. Shanghai Dočks T. 100 56 Hongkow Wharfs T. 100 T. 106

b.

HEAD OFFICE.-LONDON. Depositors may transfer at their Paid-up Capital #£1,200,000 option balances of $100 or more Reserve Fund... £1,700,000 to the Hongkong and Shanghai Reserve Liability of

Bank to be placed on FIXED Proprietors .........£1,200,000 DEPOSIT t 4 Per Cont. per LANDS, HOTELS & BUILDING

vitarinum.“

Anglo French Lands T.100 T.94 $125 FOREIGN EXCHANGE and For the Hongkong and Shang-142

Hongkong Hotels 850 General Banking business trans-hai. Banking Corporation,

190 N.J. STABB, Chief Manager. soted.

Hongkong Lands $100 $113. selved for 1 year or shorter periods DEUTSOR ASIATISCHE Humphreys Estates $10 1914 8. at rates which will be quoted on application.

1.

* CURRENT ACCOUNTS open- ed and FIXED DEPOSITS re-

A. 8. HEWETT

Aoting Manager.

Notices

CHINA PROVIDENT LOAN AND MORTGAGE

.CO., LTD. (Capital Paid up...$1,250,000.)

BRITISH CONCESSION, Shameen, Cantón. WO LOT, Nos. 79, and 80, fronting on the Canal Road, in China are those at Hanyang each with a frontage of Ninety With consumption proceeding at and in America the plant Feet on the Road, and with a a rate greater than ever, there does not seem much to fear is would rank as a small one; more depth of 140 feet, together Hongkong, 11th April, 1912. (22 over its total production is far with the Buildings erected there the way of unwieldy accumule below the consumption in the on. The Lots will bs Sold either This. tions, at the current low prices, conotry, What foreign trade it separately or together. while developments should now has is chiefly with Japan, and at Public Auction on the Premises, THE

property will be put up for Sale be accelerated in connection with that country takes more iron ore commencing at 11.00 am on the efforts made by the committee then pig or finished ore, prefer- THURSDAY, the 30th of Octo- ting to do the smelting in its own bor. 1913, if not sold privately tion in order to protect the in- furnaces. One attempt was made before: that date. The Under. dustry,

on the Pacific Coast to import signed reserve the right to reject Loans on Mortgage of House Pro- There has not been much Chinese pig regularly under con all bids if no acceptable bide are perty, &c. change in the market for line tract, but that resulted in a offered. Parties interested may hard Para, where dealings have rather disastrous failure. The obtain particulars from- been very restricted, but whore exports of iron ore from China The China Baptist Publication

Society, covering operations have been reached their highest figure in

Tung Shan, Canton, China, called for by the squaring up of 1011, with 68:630 tons, but in old contracts for spot and near 1912 fell to a little less than 8,000

NOTICE. delivery the stiff premium over tons. In both years little or none forward positions has been re of the exported iron went farther WE have this day transferred our Piano and Music Dept. tained, as holdings are in a few than Japan. Even if it had all hands and of a restricted char-come to this country the quantity to Mr. Wm. Arderson, who will acter, which tends to delay an would have been less than 002 carry on the business from thie adjustment of prices, which seems per cent. of our consumption. We date at No. 6, Des Voeux Road, LANE, CRAWFORD & Co. justified by the comparative are not advcoating free pig iron cheapness of plantation descrip- especially, but its opponents, to Hongkong. Oct. 1st, 1913 tions. The new orop movement ercare succees, must find some! from the Amazon Valley so far better argument than Chinese I have this day taken over the

י,

Central,"

Piano and Music Dept. of has made very slow progress, the competiton. The awakening of Messrs. Lane, Crawford & Co., receipts adviced for the first three industrial China in slow and and will carry on the business weeks of August being but little must be slow, in the nature of from this date at No. 6, Des Vœux over 1,000 tons.

things. Forty or fifty years from Road, Central, under the name of now iron from the East may be a the Anderson Music Coy.

WM. ANDERSON;

The tendency at the Missing factor in our industrial situation, Lane auctions recently has been and then it may be time to pro- Hongkong, 1st Oct., 1913, decidedly disappointing. The tect ourselves. At the present total quantity available proved to time, however, it seeme simply a

be about 1,000 tone, a much lex waste of time to talk about it.— ger tonnage than, of late, and one

in excess of anticipations, and Engineering and Mining Journal.

buyers betrayed every indication

of hesitancy. The holidays hare, no doubt, caused a temporary indifference on the part of con- sumption, and a good number of the lots offered were withdrawn

His Chance.

He: "The hand that rocks the

by the sellera Opening prices cradle rules the world. Don't showed a decline of about 2d a forget that.

IT:

nound, which was especially pro She:Then you come in sod nounced in the case of the rule the world awhile. I'm standard quality crepes, while, on tired. Woman e Journal,

MARTIN'S

APIOL & STEEL

for Ladies PILLS

A French Ramady for all regularities.. Thousands of Ladies n'ways keep a box: of bimatiu's Fill In the house, ay, that

Irregularity of (on the first sign of asy

the System Umely dose may be·nd- iristered. Those whom them,re commend them, hence their eÜDERSONIS sale. All Chenits and bores sell them flroigh out the wurkdjor point free: 5i«, MARTIN,Chemist, Southampton, Engi HAM MARTIN'S

APIOL & STEEL

For Later PILLS

Advances made on Merchandise: Goods received on Storage.. Loans made on the Provident

Bystem.

(Rates and Particulars on ap-

plication).

OF

The Office of TRUSTEE EXECUTOR

WILLS; ATTORNEY, &

Undertaken and Executed.

SHEWAN, TOMES & Co. General Managers.

Hongkong, 19th March; 1908 · ~32 PEAK TRAMWAY 1)

LIMITED.

TIME TABLE.

WEEK DAYS.

00 AM. EVENT

Loo AM, to 10:00 AM. *10,00 42, 10

SLOO A.K.

.2.35 PM, 10 20 265.7.0.

5.00 PM, 30

Capital Fully

BANK.

Paid-up...Sh: Taals 7,500,00 Head Offon-Shanghai, Board of Director-Berlin. Branches: Berlin Calcutta Canton Hamburg Hankow Kobe Peking Singapore Tientsin Tainanfu Tsingtau Yokohama,

LONDON BANKERS: Messrs, N. M. Rothschil & Sons. The Union of London and Smith's Bank, Limited. Deutsche Bank (Berlin), London Agenoy." Direction der Disconto Gesell- schaft.

on application. Every description of Banking and Exchange busi ness transacted.

Kowloon Lande $30 145 b.

Shanghai Lands T. 30 T, 91

West Points $50 $72 6.

Manila M’pole Hotel P10 P. 8

BURY COTTON MILLS,

Ewos

Shanghai Cottons

T. 50 T. 145 b.

¡T. 12211⁄2 b.

1106 B. Laou Kung Mow

144 Kung Yik Hongkong Cottons $10 8914

BUM MISCELLANEQUS. China-Borneos. $12 891 Light and Powers $101 Do. (8peo.shares) $1] China Providents $10 39 Dresdner Bank...

Dairy Farms ‘- $6.828 INTEREST allowed on Current Green Islands $10654 b Account. DEPOSITS received Hongkong Electrics $10842b. on terms which may be learned

·625 ||$150 a. 310823

10 T273

$25 822 $10 $1014 8.

THE MERCANTILE BANK OF Do. (new) $190 ats.

Hongkong Electrio Trams 9/3 s.. INDIA, LIMITED. Authorised Japital ..........£1,500,000 | Philippines

$10 $5 Subscribed

1,125,000 H. Price & Co., Ld. $10 18

582,500

Pro 415,000 Societe das | forred

Hongkong Ices

Hongkong Ropes

R. TIMMERSCHEIDT,

Manager. Hongkong, 9th Oct., 1911.

18

Langkata

Morning Post Peak Tramw

Paid Up

Reserved Fund"....................

+120 M

DZENIGHT. CARS. IstyMijandig ramis pjoʻra, jo

Maverysball hour.

every quarter of anbour BUY, SUNDAYS,

3.45 AM. 6o, ac Nour

300 to 7.00 736.

-NIGH

BANKERS:

Bank of England, London Joint Stock Bank, Limited.

$50 || $20 Pulpeset Papiertorios paid. du Tonkin. Mup $50

Benefit $200 Shanghai-Sumatras T. 20.T.150 Steam Laundry 3 #36497 United Asbestos g

Oriental Agency. $10 8914 b. counts at 2 per cent per annum...... on Daily Balance and on Fized United Asbestos $10 $300 Deposits at rates which may be Founders Shares ascertained on application.

Interest allowed on Current Ac-

AR LINTON Union Waterboat $10 $171/4 b.

Weldmann, Ltd $10, E30,

LEXANDH

10

Owell

J

$1 for 1906

82.50 for year end'g 30′6′15. Interim of $1 for half)

year ending 30'6*13 [6 pic. for year 1912 on

preferred shares

Final of 4 making 6- for yearending 31*12*12

Int, of 1/a/o. 1913

$2 on 10,000 shares lat $2 on 10,000, 2nd $1 on 10,000, 3rd for year ending 30*4*13

$3 for 1912

$3 for 1897

Interim of 34 p.o. 8 2/5d per share, Couton No.1 80- count year 30.6.12** Int, of 7/6 a 1913 1/2 for 1909

$4.50 for year 1912 -

for}

$1 final dividend förl

year 1911

Ms. 3 for 1912 ·

Interim of Tls 3 for 1913

Tls. 6.29*2*10

#3 on old shares, $1.50)

on newshares for half

year 31*1212.

$314 for 4 year ending 306.13

50 cents for 1912 $2.80 for 1912.

Interim of 5 p.6. for half year ending 30'6'13"

$2 for 15 year ending 30.6.13

15 per cent, for 1910

7. p.0, for year ending

31 10 12.

Tla. 10 for year end-

ing 30'6'13

50 centa 31.7.08.

85 cents for 191%/

70 cents for 1912

$1.25 for year end'g 31′′7′12 40 cents for 1911: $1.60 per share for 1912 $8 interim for 1913. $1 interim for 1913

Interim of Tla. 1 mak

· Hing Tia. 2 a/c 1913), None Su

80 cents on fully paid)

shares and 8 cents on $1paid shares for year ending 30.4.13

Final of $5 p.e- making

7 p.o. for 1912, None

· $1.50 for 1910-

None

No dividend this year 50 ots.for year ond g 31.5.12.

(20 per cent, per ordinary-

share for year ended 31.51912

$1 per share for year)

ending $1 12 1913: 85 percent.et

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