1913-10-30 — Page 9

Commercial

Singapore United 1'- Straits Bertam ....... 2/3

(1).

1/6

2/0

1/6

18 dis

200*

+

Mining

2.45

United Tomiang (1/1)

Pelat Breung, Lt. ... nom. 8.00. Kampar Kanabol, Ltd. 1,05 Kinta Associa

tion, Ltd. 13.00 14.50- Kinta Tin Minos 38) (2.10 Kledang

030

9.25 1.85

(Continued from Page 8). sloth rates, has been too rapid for merchants to follow and there is no disposition to enter into en gagements for lots of any quanti ty at present prices; on the other hand there is a general feeling throughout the market to wait further development regarding the orop position. With very lit tle practicable business offering

nominal... 13,50 14.75 salesmen have had a dull week, amali lots of bleaching and other Now French

Tekka

$1,300 1,750 fabrics are dealt in-where a littlel advantage could be secured and New Tambun mom. the urgency of securing delivery Pahang Con-

"has also been the means of bring.

Middleton

eolidated...

10/0 12/

B3 46

THE HONGKONG TELEGRAPH, THURSDAY, OCTOBER 30,||1913.

great fall in the price of Consola was not due, in some measulo, to influences specially affecting that stook and British Government stocks generally. On the contrary, bis personal opinion, was that such influences had had somé- thing to say to it. "But what he lid confidently assert was that they were not the only or the principal cause of the fall. For a similar fate had overtaken the sooks of almost every Govern- ment in the world which had ben in the enjoyment of first ra o credit...

Banks

Banks

INTERNATIONAL BANKING HONGKONG & SHANGHAL UT

BANKING CORPORA Demand

TION,

10.d/s

Head Office:-60, Wall Street, Naw York. Leadon Office:➡36, "Diskopagate, E.C.

BRANCHES :---

Bombay

Calentin

Canton

Cabu Calon

Варне

Hoɛghoua

Hom

Selling.

Exchange

T/T. Marke

*******.201 1/3

................................. 1/11 5/8 T/T. Franos ...................................... 2.49

1/1211/16 Vn Haiphong tool 14 ph

NYWAY ALIBORIQUI1% pm.

..........................................73 | 4 m/s L/C T/T Singapore 1/8 4 m/s. D/P Privato 30 de aight S'hai 73 7/8 6 m L/C

..............................346 1/2 30 ds. San F'co & New York. 48%

146 3/4 BarSilver. ready

60 d/s

1/11 3/4 On Balgon ..1/11 13/16 On Bangkok

784

Kabe Manila

Maxles

Paid-up Capital .........$15,000.00

RESERVE FUNDS:

m/s

.................1/1115/16

Buying.

T/T Shanghai

Peking

....2/-3/8 9/-7/16

San Francisco

Sterling

T/T Japan

96 99ds.S'ney & Melbourne...2/- 1/2

Shanghai Yokohama

TIT India

£1,500,000 at 2/

T/T Bombay

.146 1/2 4 m/s. Marka

10014490242.....2,07.

Demand Bombay

.146 3/4 | 4 m/s, Frarios

**

/T Caloutta

146 1/2 6 m/s. do

Silver

$15,000,000

17,450,000

Demand Calcutta

2.5434

27 1/2

Demand India ............

146 3/4

forward

Demand Manila

277/16 ......53,20

T/T. San Fou & New

.8%

T/T. Java

119 1/4 Sovereign

Oplum Quotation.

Oct 24.

Malwa, Now

...$4,800 perpio.

Malwa, Old

4.700 -

$9

Patna, New

5,825 perche.

Patna, Old..

5,700

#65%

Bensies, New

5,525

883%

Bonaro, Old..

5.350

Capital and plats aan Gold. By,#00,000 musalmannan &,450,000 EVERY DESCRIPTION UF BANKING BUSI NESS trabected

CURRENT ACCOUNTS opened on the si DIPOSITS RECEIVED, Änd for one you at 4X PRY ASLAM, de for shorter perioda, at rates, which may be ascertained on application

BILLS NEGOTIATED and COLLECTED MAIL tad TELEORAPHIC REMITTANCKE mada.

LETTERS OF CREDIT und DRAFTS Eroind THE FANKS CIRCULAR LETTERS OF

on all the principal cition In the World CREDIT Revillate il over the Social

COMMERCIAL LETTERS: OF CREDIT

11

PURCHASE and BALE of Stocka and Vieras facil TRAVELLERS CHECKS sold and cashed,

GEORGE HOOG,

Manager.

The Future Outlook. In time, no doubt, a obang? would come, but it would be a ng while before they again saw nything like that "glut of ing other lines to book, Demand Pengkalen

capit "of which it was once the from India and Chiss rules quiet Pusing Bahru... 4/0

fashion to speak. His conviction And although attempte bave Pusing Lara 3/

Rahman Hydraulic 15.50 18 50 would not be abaken if presently made to fix up sactions in well-known staples Rahman Tin Co...20 00 21.00 the long sustained boom" in ... 12.00 13.75 trade ma followed by a depres for the intter market the Rambatin enhanced rates required

bava Raub

2.30 2.75 sion, during which much capitalo 2.45 3.00 was temporarily idle and appar only resulted in an irregular Redhills

08.0 1.00 ently unwanted, and many business being done. Fancies have Royal Johoro

... nom. nom. labourers were also, in conse again been in good request, and Selangor River

been

tran-

a fair turnover, principally for! small quantities, has followed.

Rubber and Mining Shapes.

Under date, October 18, Mesars Davies and Company, Singapore, State:-

Company. Closing Quotations.

Buyers, Sellers.

Alor Gajah

Jimali

.... nom.

... nom.

Sempam Serendah

Hydraulic Sungei Gau

10.00 17.00

Tanjong

Rambutan... 0 25

Tekka. Ltd.

Ting Kil

85/- 751- 8.25 9.25 Titi Tia Co., Ltd. 800 9.00 Tôngkah

Harbour... Tronoh

15:00 43/0

16.50 18/0

9. Queen's Road, Hongkon kong, lat-Nov., 1912

THE

19

quence, out of work. What that YOKOHAMA SPECIE BANK,

1.

LIMITED.

wad mean was not that there was any real or permanent elackea- ing in the demand for capital, but that a temporary dielocation of our financial machinery had rendered the demand ineffectivé.

Head Office.-YOKOHAMA, Great, indeed, was the respon sibility of those who, like the

Branches modern kinga of finance, bad it. Antung-Hsien largely in their power, to decide Bombay into what channels the streams Calcutta of capital shoull flow.

Established 1880. Authorised Capital Yen 48,000,000 30,000,000 Paid-up Capital ...

18,550,000 Reserve Fund......

The Position of Labour.

$32.450,000

Resrove Liability of

Proprietora....... ..$15,000,000

COURT OF DIRECTORS.

S. H. Dodwell, Esq.,-Chairman. Hen. Mr. D. Landale-Deputy

Chairman.

G. Friesland, Esq. E. Goetz, Esq.

0.8. Cubbay. Eaq.

P. H. Holyoak, Esq.

G. R. Laurenz, Esq.

W. L. Pattenden, Esq.

J. A. Plummer, Esq. Hon. Mr. E. Shellim, H. A. Siebe, Esq. OHIEF 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

.......961 Gold Leaf per tael

York 47 3/4 | Bank of England rate ........

Subsidiary Colna. Discount per $100 Thinese ...20 sts.plodes 8844 % Chinese ...10 Hongkong.20 - Hongkong.10

SHARE REPORT

5-SELLERS

Socks & Paid or ValuE,

BANKS

Hongkong & S'hai $125 -

CLOSING

LONG

111790 .b.

£80.

$50 345"

MARINE INSURANCES, Cantone North China

Uniona

Yangtzes

£5 T197

$100 8800 b.

£50. 8195

$20 $155 b. $50 $377, b.

$25 176b.

FIRE INSURANCHS; China Fires Hongkong Fires SHIPPING. China & Manilas Douglas Steamship $50 $33e.

$15 $2812 b.

Changchun Dairen Fengtion Harbin Hankow Honolulu Kobe

Agencies at Nagasaki Newohwang New York Osaka Pekin Rybiun Port

(Arthur)

San Francisco

Shanghai

Tiehling

Tientain

ON FIXED DEPOSITS. "

For 3 months. 24 per cent. per

Annum.

Steamboats

Indo-Chinas

Tokyo

Los Angeles

Annum.

108/6

Annum.

N. J. STABB. Chief Manager

£11

HONGKONG SAVINGS BANK

"Star Ferry"

{ 810 458

REFINERIES.

$100 $97

Liao-Yang

Interest Allowed on Current Account.

1

Hankow Export Produce, The following statistică, pub. He wished to say one word to under the direction of the Hankow prevent what might be a grays General Chamber of Commerce, I misunderstanding. Let not any are dated Enakow; October 15:- of his heurera un away with the The prices quoted are for the idea that what he had said about net shipping weight "excluding the heightened demand for capital. London cost of packing for export :- aud the higher rate of remuner Lyons

Tla paration which capital could com- picul. mand, meant that there were Cowhides, Best selected.... 59 00 | economic influences at work which Cowhider, Seconds, 54.00 were calculated to depreas the Deposits received for fixed Buffalo hides No. 1'

condition of labour. The contrary periods at rates to be obtained on 28.50 was, he thought, the truth, The application.

EISHI ONO," heightened demand for capital inevitably involved a heightened demand for labour also. It meant Hongkong, 30th Sept., 1913. (18 750jan

increase of productivity, s ager output, and though rap stilist and labourer (when the two did not happen, as was, of course,some imaathe case to be the sone person), might quarrel over the proportion of their several benefits, there was no reason why Thoth should not he better off at the same time. That indeed was 665 what they might ses every day when industry was very active, 12.75 Profita no doubt rose, but there

15.25

Dollar.

1.75

2.05

Aver Kuning 0.45

0.55

je

Ayer Molek... 1.40

1.65

Ayer Panas... 3.90

4.20

Balgownie ...

3.75,

4.25

Bukit Jelutong. 0.28

Bakit Katil 0.40

0.32 0.471

Bukit K. B.... 0.55

0.65

Bukit Timah 12.00

14.00

Changkat

Serdang 3.00

3.75

Glenealy

...0.65

0.80

Haytor nominal 4.50

500

10/35 lb. 30/80 Goatakins, Uninuned

*

Indragiri

nominal

5.00

6.00

Buffalo Horns, average 3lb.,

each....

... 0.36

0.45

White China Große, Wu-

Kedab

1.75

2.30.

chaug and/or Puochi

J

Kelemak

2.00

Kompas

2.35"

2.00 Dis. 2.75".

(Heimp or Ramie)

10.00

-4

Kuala Sawah, nominal

Lungs

2.25

2.75

Malaka Pinda, 0.70

0.85

Malakoff

1.75

2.00

Mandai Tokong 0.35.

0.45

Mergui nominal 1.80.

2.1,0

Nellmay

nomical

0.26

New Serendah 1.00

2.85

Nyalas

1.00

2.40

Pajam...

8.00

10.00

Pantai

Punggor

0.371

· Radella

nominal

Sandycroft,

nominal

ere

Sembrong

6.00 0.20

0.60 0.75 0.45

10.00

7.00' 0.271,

Tambalsk

Tapab

Teluk Anson

Termoloh

Sunngei Bagan 0.80 0.10

White China Grasa Bio-

shan, andjor Chngú. (Hemp of Rimis). Green China Gross, Sze- obura. (Hemp or Ramie)

w

Jute (Abutilon} White Vegetable Tullow

Kinchow White Vegetable Tullow Pingehow snor Ma- cheng White Vegetablo Tullow

Mongyu Green Vegetable Tullow,

Kiyu... Animal Tallow Callnuts, Usual shapo

Plum

144

Cotton Black Bristlos, Riflinge Turmeric... Sesamum Seed, White...

Yellow '.. Rod

***

0.35 0.41

8.00

9.00

5.00

0.00

0.30 0,45

$1

·

Trafalgar... 1.00 1,20

Trafalgar (Coconut crop)...

United Malacca 0.50 0.56

Ulu Pandan

Bukit Sem-

Chersonese

(F.M.S.)

0.37)

፧፧

0.45

was a tendency for wages to rise Also, though there was frequently 1275 a dispute as to the extent to which that rise should be carried. And

1. 10.00] in the reverse case profits and wages both tended to fall. There 1100 might be antagonism of interest 1120 between enpitalist and labourer, 18 00 but the idea of an antagonism 23.00 between capital and labour, be- 22:00 |tween the materials and instru 117.00 ments of production and the

6.65

Black

Yellow Beans

2.60

Beaca

1,75

Sesamum Seed 0.1

13.00!

Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA

Incorporated by Royal. Charter 1853.

For 6 months. 34 per cent per (Preferred) £5 $89:

(Deferred)

For 12 months, 4 per cent per Shell" Transports £1

THE Business of the above

Bank is bonducted by the China Sugars HONGKONG AND SHANGHAI Luzon Bugerð $100 135 BANKING CORPORATION,

MINING*

Rules may be obtained on ap Chinese Engineerings £132/6 plication.

INTEREST on deposite is al-

21 48/3 lowed on the minimum monthly Tronohs

Raubs

£1 $348. balances at $3 Fer Cent, per a DOCKS, WHARVES, & O'DOWKS

Kowloon Wharfe $50 185 sa. & b.

arm.

Depositors thay transfer at their HEAD OFFICE-LONDON.;

option balances of $100 or more H.K.&W'poá Dooks $50 {[177} Paid-up Capital ..... £1,200,000 to the Hongkong and Shanghai Shanghai Docks T. 100 $6 Reserve Fund.........£1,700,000 Bank to be placed on FIXED Hongkow Wharfs T. 100 T.112)

DEPOSIT #14 Per Cent. per Reserve Liability of

.........£1,200,000 annum. Proprietors

For the Hongkong and Shang-Anglo French Lands T.100 T.94 hai. Banking Corporation,

($125 N.J. STABB, Chief Manager. Hongkong Hotels $50

FOREIGN EXCHANGE and General Banking business trans- soted,

CURRENT ACCOUNTS open-

ceived for 1 year or shorter perfode at rates which will be quoted on application.

A. S. HEWETT,"

Acting Manager. Hongkong, 11th April, 1912. (22.

Capital Fully

BANK.

-

LANDS, HOTELJ ́& "BUILDING B

b.

#85 3.

b.

ed and FIXED DEPOSITS TO DEUTSCH ASIÁTISCHE Hongkong Lands $100 $110.

69 b. Humphreys Estates $10 Kowloon Lands $30 $45. b.

Shanghai Lands T. 30 T. 90

West Points

$50 $72.8.

Manila M'pole Hotel P.10 P. 8

Ewos Shanghai Cottone

homan energy which was necess- ory to utilize them, was an THE obvious absurdity. (Cheers.)

Notices

Vegetable Tallow Seed Oil 0.40 UNIVERSITY OF HONGKONG

Sterling.

Allagar

...

-3/8

2/-

Wood Oil...

Anglo-Java 3/3

**

Batang Malaka 19

4/6 1/3.

Tea Oil

Bean Oil

Bakit Kajang.

20/0

25/9

Bakit Mertajam 10

21-

bawang

1/1 1/31

LORD MILNER ON CAPITAL.

1/10

Chimpal

-17

2/4 411

Duff Develop-

ment Co.... 80/9

7/9

Најоер

5/-

7.

Heawood

2/2

2/9

Highland &

Lowlanda

40/9

46/0

Jasin..

-171

1/

Kamuning

(Perak)

1/8

2/2

Kepitigalla 11/

13.

Kota Tinggi

18

2/3

Labu (F.M.S.) Lumat Malocoa (7+ per oent. Pref.)

Malacca

...

3/1 15/6 19/11

851- 99/-

(Ordinary)... 88/9 101/6

Merlimau

Nordonal

"

1/10 2/4

18/6/18/4 Padang Jawa... 1/6 1/10).

22/0 27/0 Fegob

11/ Rembia, nominal 7- Rubber Estates of

3/8 12. Sapong

8/ Singapore Para,

"Rubber 1/0 1/10

Krian

800 12.50 9 50

Probable Developments of the Future.

I ord Milner delivered his pre- sidential address before

the

members of the Birmingham and

Matriculation Examination.

NOTICE is hereby given that will be held on the following dates-

Matriculation Examinations

· December 15th-20th 1913. July 13th-18th 1914. Cndidates must send in their names to the Registrar, with the fee, not later than one month before the date of the Examina- tion,

Examination Fee $10.00 (Hong- kong Currencу).

Forms of Entry and all parti

Midland Institute on October 8th.culare may be obtained on ap-

He dealt at some length with the present scramble for capital " in all parts of the world, and pointed out the reasons which bad led to the present position of the money market. Capital, be added, had struck for bigher wages and was for the time being in a posi tion to obtain them.

The difference in the price of Console from 90, ten years ago, to about 74 to-day, was enormous" but it was only typical of the complele transformation reversing the course of scene, things during the previous 40 years, which bad come over the prospects and the attitude of capital generally since the Fegin- ning of the present century. Ho did not indeed maintain the the

plication to

"THE REGISTRAR, The University of Hongkong.

MARTIN'S

& STEEL

PILLS

APIOL

for Ladia

A French Remaly for all Deregulariter. "Thousands of ladies a waya keep a box of Martin's Pil in the hole, sa, that on the first sign of any irregularity of the System 'imsly dose may be sử- ministered. Thore, who use them re commend them, hence their mormous vale. All Chemists and stores all them throughout the weekly or post fron_sle MARTIN, Chalet, Sputhampton, Cap.

MARTIN'S

APIOL & STEEL

Ladies, PILLS

Notices

&

CHINA PROVIDENT LOAN ANU MORTGAGE LO., LTD.

(Capital Paid up...$1,250,000.) Loans on Mortgage of Bouze Pro perty, &c.

Goods received on Storage, Advancos made on Merchandise: Loans made on the Provident

System.

(Rates and Particulare on ap-

plication).

Paid-up...Sh. Taels 7,500,00 Head Office.Shanghai. Board of Directors-Berlin. Branches: Bérlin Caloutta Canton Hamburg Hankow Kobe Peking Singapore Tientsin Tainenfu Tsingtau Yokohama. LONDON BANKERS: Messrs. N. M. Rothschil".&.8ons. The Union of London and Smith's Bank, Limited, Deutsche Bank (Berlin), London Agency, Direction 'der Disconto Gesell-

mechaft.

Dresdner Bank

COTION MILLS,

T. 50 T. 145

T, 119

MISCELLANEOUS.

Laou Kung Mow Kung Yik. Hongkong Cottons $10 $9 China-Borneos #12 894 Light and Powere $101 Do. (Spec. shares) $1 j

$10.89

$5 $27 $10 $7.10

B-BUYERS

LAST DAYIDANG AND DATE:

£2 at ex 1/115% equal to $20.31 for 1⁄2 year ending 30/6/13

$18 for 1917

Final of 1p.c. making

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

1911 & Int, of$3 for 1912)

$10 for 1911

$27 for 1911

$1 for 1906

$2.50 for your end'g30'6'13 Interim of $1 for half

year ending 30'6'19 f (6 p.c. for year 1912 on

preferred shares'. ...

(Final of 4 making 6/ for year ending 31*12*12 Int, of 1/- a/c. 1918 #2 on 10,000 shares 1st issue 82 on 10,000

*

And

11

$1 on 10,000, 3rd. " for year ending 30'4'13

89 for 1912

$3 for 1897

Interim of 3 p.o. 8 2/5d per...

share, Coupon No. 1 ad count year 30.6.12

Int. of 2/5 a

1/2 for 1909

1913

$4.50 for year 1912

$1 final dividend for

year 1911

Tin: 8 for 1918

for}

Interim of Tls 3 for 1913

Tix. 6 29′2′10

#3 on old sharez, #1.501

on newshares for half,

year 31'12-12

7

$314 for 14 year ending

30 6.13

50 cents for 1912

$2.80 for 1912

Interim of 5p.o. for

year ending 30°6:13 half | $2 for 14 year endin 30.6.13

15 per cent. for 1910

7 p.6, for year ending)

31'10'12

Tle. 10 for year end-1

ing 30'6'13

$1.30 for year end'g 31°7′13

40 cents for.1911

$1.60 per share for 1912

105

1434

b.

8.

50 canta 31.7.08

85 cents for 1912

.70 cents for 1912

b.

b.

625 $150

b

$2 interim for 1913

$10 $23

10 T35

$25 $22

$10 $108.

INTEREST allowed on Current China Providents Account DEPOSITS received Dairy Farme on tarme which may be learned Green Islands The Office of

Hongkong Loss EXECUTOR OF on application. Every description Hongkong Electrice $10 $4326 TRUSTEE,

of Banking and Exchange bust- WILLS, ATTORNEY, 0,

ness transacted..

Hongkong Ropes. Undertaken and Executed.

SHEWAN, TOMES &. Co.

R. TIMMERSCHEIDT, Langkats General Managers.

Manager. Hongkong, 19th March, 1908

Hongkong, 9th Oct., 1911.

PEAL

EAK TRAMWAY CO. LIMITED.

TIME TABLE.

WEEK DAYS.

f

32

12

THE MERCANTILE BANK OF

Morning Post Poak Tramway

Do. (new)

$1 90 ċta. Bongkong Electric Trams9/- s. 1,125,000 Philippines

$10 85 562,500 H. Price & Co., Ld. $10 [$6 415,000

Pre-

INDIA, LIMITED. Authorised Japital... £1,500,000 | Subscribed

Reserved Fund

·3.00. EVERY 18 MEM, 1.00 A. M. to

1,00A.M. 10.00 .. 14.00 4.1. to 31.60 A M. igo A. to 11.6 7.3.

15.3. TS F.M. to L. 7. to

1.43 Feb LES FAM. LO, 4.$7.M. to 1.00 .. 5.00 7.M. to

së Mu

Paid Up

15 MIN.

#

10 MI

1. MEN.

*

20 Mt..

M

*

.10 MIN.

NIGHT CARS.

grand "9",,"0-30" #.36, 10

$1.00$/very half hour.

– ÉT.DO PUNONIRAS PRA

every quarter oljanihour. SUNDAYS.

3.00 AM. [7 10,30 H. Evkar 15 ális, 10.30 4.M. to

11.00 AM

1. A, 10, 1200 NoOM 19.00 NOON LO 120 434,

1.00 F.H; 10

ta

13

MIN,

3.00 F.M, to 300 7.4, to

7.00 F.M.

23 1 Tag 7.1. вя 700 .. to

NIGHT CARS as on Waske_Dayas,

SATURDAYS.

Extra""Can'at,is? midnişbir

SPECIAL CARS..

¡By Arrangementki cheCompany 20sce,

*** A.Baxuadre » Muškálags,

Oman, Korea; Raydı

PARTA

'BANKERS: •

Bank of England. London Joint Stock Bank, Limited.

Interest allowed on Current Ac- counts at 2 per cent per annum on Daily Balance and on Fixed Deposits at rates which may be

snortained on application.

BAR. LINTON Manayat (

Bociète des | ferred

Pulperet

Papfertories

du Tonkin

$50 $20 paid up $50 Benefit) $200 Shanghai-Sumatras T. 20ĮT.150

$5 $4 Steam Laundry United Asbestos

Oriental Agency, $10 $91 b. La.......

United AsbestoNĮ Founders Shares f Union Waterboat

Welsmann, Ltd.

THE ALEXANDRA CAFE Watson Cannot be Beaten, if Equalled, William Powell For Bread, Cakes, Confectionery. meals with Winer & Liquers,

$10 $300

$10 $17 1/2 b..

$10-830

$10 #734. b.

$1 interim for 1913

!!

Interim of Tls, 1 mak ling Tis. 2 ajo 1913 None

80 cents on fully paid)

shares and 8 cents on- $1 paidshares for year ending 30.4.13

Final of $5 p.. making

7 po, for 1912. None

$1.50 for 1910

None

No dividend this year 50 cts, for year end'g 31.5.1-2

(20 per cent. per ordinary share for year ended 31'5'1912

$1 per share for year)

ending 31'12'1912

25 per cent for year)

ending 31711

60 cents for 1912”

40. din senrending 30°6′19

- Comictal to teras p.m. Oct. 1o is WRIGHT AND HORNBY,

General brokers De Voss Road Cinta fal nödie Recitudes Más Taigugh dess not. 29jd lied tonganainte fer muy at the store quotaalasië