1913-11-21 — Page 9

b

Commercial,

The World's Gold Reserves.

The Protection of Paddy Planters.

THE HONGKONG (TELEGRAPH, FRIDAY NOVEMBER 21, 1913.

Banks

A BANK HOLIDAY....

Banks

IN JUNE?

INTERNATIONAL BANKING

Judiciary Commission's Recommendations.

HONGKONG & SHANGHAI BANKING CORPORA-

TION,

{T/D

CORPORATION.

Elead end, Wall Street, Num York London Oique: -jó, Bishopsgate, h.C.

BRANCHES --

Cebu

Bombay

Calcutta

Chatoo

Laioa

Empire

Hack!!

Hisakon

Archänge

Selling,

T/T. Marka .1/11 1/2 [T/T; Francs: Domand .............................1/11 9/16 On Haiphong 30 8/1/11 5/8 On Saigon 60 d/a.....1/11 11/16 Oa Bangkok 4 m/s 1/11 13/16 Paid-up Capital $15,000,00 T/T Shanghai 73144 / L/C...

RESERVE FUNDS:

T/T Singapore *... 894 m/s. D/P Private 30 d/s sight S’hal .....743€ 6 m/s L/C d. T/T Japan... T/T India

20012

12.18.

pm.

pm.

Buying.

.2/- 1/8·

Kobo Manila Marico

........2/- 1/4 ·

.2/5/16

Peking

95% [30d/a.'ney &Melbourne...2/-3/8.

San Francisco Shanghai Yokohama

Sterling

....146 30 d/s, San F'oo & New York 4891

T/T Bombay ai

.146

4 m/s. Marke197

2.06

€1,500,000 at 2/-=

$15,000,000

Demand Bombay............................14014 | 4 m/s, Franos .....................2:59)1

T/T Calcutta, /

2.5514

Demand Calcutta ................

„14634 | BarSilvor, ready

Demand India

.........................................148

forward"

Demand Manila ........

.96

Gold Leaf per tael

59.40

Bank of England rate Sovereign

$10.15

Capital and Surplus am bag Bold' EVERY DESCRIPTION OF BANKING BUSI NESS teanntal

CURRENT ACCOUNTS opened on the ta

DEPOSITS RECEIVED, Ened for one year. At may be certinad on application.

The Attorney-General at Sing, bill to apore has drafted 1 provido protection to the growers The veteran M. Paul Leroy of paddy fron the conse Beaulion, writing in the Beon-quences of the enreleasecas omiste of October 11 dis of the owners of adjoining lands. The Central Newa says:-The The bill imposes the duty in the Judiciary Commission, aiting un cusses the world's reserves f

owner of any land that had beender the presidency of Mr Justice gold in omnection with the planted in paddy within savon Darling, has arrived at an im prevailing dearness of money, a yours of the passing of the bill to portaut decision which is likely phenomenon which cannot in his keep that part of his 1 which materially to hasten the process Fea within two chains of any. of litigation and ultimately to view be altogether exploiuo other paddy land clear sad free effect the establishment of fixed the results of the Balkan war from undergrowth which would Bank Holidays. With a view to and the influence of the fear of be likely to harbour rats and increasing the time at the disposal further complications on the other paddy vermin. In some dis of the judicature, the Commis international ânancial market,triots of some of the Settlementssioners will recommend the fixing a portion of the paddy lands is not of the commencement of the Eas In England the Bank rote hus cultivated but is allowol to hrter recess for the third Monday in risen from 4 to 5 per cent., and come Overgrown with Tank April the abolition of the Whit suntide recess, with the substita. although the rate of the Bank of vegetation which serves ng

holiday on the France stood at 4 per cont, at the excellout breeding grouad for tion for it of a

ruts. The cousequere is that second Monday in June; and the end of September, no other bank those who do plans their paddy ending of the Long Vacation on amongst all those reviewed in the lands complain bitterly that their October I instead of the 12th songkong, 1 Nov., 1912 -

Bulletin de Statistique et de orope are ruined by the ravages of at present,

thorata and other vormin which Legislation" showed so low a

infest the adjoining uncultivated to put an end to such ecmplaints

4% the annum, or tar shatter periode, at rates, which

BILLS NEGOTIATED and COLLECTED. MAIL and TELEGRAPHIC KEMITTANCES LETTERS OF CREDIT A DRAFTS granted CIRCULAR LETTERS OF

principal cities in the World CREDIT valable nil prep the Worbt,

COMMERCIAL LETTERS OF CREDIT PURCHASE and SALE of Stocks and Shares

Baclad.

GRAVELLERS CHECKS old and asked.

СКОЛОВ НОС

Managır.

- 9. Qaeon's Road, Hongken,

THE

10

rate, the majority of the houss paddy lands. The bil! will go far in the House of Lords it is almos! YOKOHAMA SPECIE BANK

LIMITED.

Established 1880, Authorised Capital Yon 48,000,000 Paid-up Capital -30,000,000 18,550,000 Reserve Fund ..........

In the view of a number of members of the legal profession

in Europe asking 5 (Banks of

certain that Parliament will follow suit. The proposed changes will Italy, Naples and Sicily, Norway,

mean not only a considerable al Portugal and Sweden), or per Singapore Para Rubber Estates,dition to the tin at the disposal cent. (State Bauke of Germany,

The report of the Singapore of the judicial bench, but also Austria-Hungary, Roumania, Para Rubber E-tates, Limited, that the public will benefit by Russis and Finland), wherese at states that the profit for the year having the first bank holiday of to June 30 is d19, 14; aid at the year fixed at a date when the same time two years ago

ance of last account, £2,082, toga.. they are more likely to enjoy line Antung-Hsien (September, 1911) the situation her 1,297, which the directors weather than when Buster falla Bombay

Then recommend should be dealt with early in the year. was entirely different..

a 3 per cent rate prevailed as follows By grymon of a

Another Newspaper.

Head Office.-YOKOHAMA,

Branches

Agencies at Nagasaki Newohwang Now York Osaks Pokin

Silver 17,450,000

$32.450,000

*** vam op 8/9 991":

T/T. Ban Fou & New York 47g. T/T. Jaya

* Opium" Quotation.

.Oct. 24. $4,600 per pic

4.700

5,825 per obe.

118

Subsidiary Coins.

Discount per $100

Malwa, Now Malwa, Old

$9 5/8

Patna, New....

Patna, Old...

'5,700

$634

Benares, New

5,525

8936

Benares, Old..

5,350

Rearove Liability of.

Proprietors...................$15,000,000

COURT OF DIRECTORS. Jhinese...20 ota, places 19 7/16 % B. H. Dodwall, Esq.,-Chairman. Chinese ...10 Hen. Mr. D. Landale-Deputy Hongkong.20

Chairman..

G..Friesland, Esq.

E. Goetz, Esq.

O. S. Gubbay, Esq.

P. H. Holyoak, Esq.

G. R. Laurenz, Esq.

J. A. Plummer, Esq. Hon. Mr. E. Shellim, H. A. Siebs, Esq. OHIEF MANAGER: Hongkong-N. J. Stabb. MANAGER. Shanghai-A. G, Stephen.: London Bankers-London -County and Westminster

Limited.

Hongkong.10

SHARE REPORT.

B-BUYERS

Last dividano" "AND CATE

£2 at ex 1/1136 equal to $20.31 for 16 your onding 30/6/13

$18 for 19:2

Final of 1 pc, making

"

Final of $20 making $50

for 1911 and "Interim'fn of $30 for 1912 1 Final of $12 mak. $15 for

1911 & Int, of $3 for 1918).

$10 for 1911

S-SELLERS

W. L. Pattonden, Esq. '

Stocks & PAID OF VALUE."

BANKS.

JA-SALE

CLOSING

$790

Hongkong & S'hai $125

£79/10

"MARINE INSURANCE,

Cantons

$50

330

North China

25

T133

Uniona

$100 $810

#

Yangtzos

£50 8195

PIRE INSURANCES

$20 $161

$50. $380.

$27 for 1911

$25.88

b.

$1 for 1906.

Hongkong-Interest Allowed,

On Current Account at the rate of 2 per cent per Annum on the daily balance- ;

ON FIXED DEPOSITS.

China Firea Hongkong Fires

SHIPPING.

China & Manilas

Douglas Steamship $50 $30 Steamboats

Calcutta Changohun Dairon

Fengtien

Ryolun Port

Harbin

(Arthur)

Hankow

San Francisco

Honolulu Kobo. Liao-Yang London Lyone..

Shanghai

$15 829

ва.

Tiebling

Tientsin

Аппит.

Tokyo

For 6 months. 3 per cent. per

(Preferred) !

Los Angeles

(Deferred)

}

£5 $84

Annum.

For 12 months,

1199/6

3

Annum,

£11

N. J. STABB. Chief Manager

.

dividend at the rats of 5 per cent. with the Bank of France, Bank (less income tax), £8,247, reservo of the Netherlands, and the Bank for depreciation on machinery of England; the National Beaks and buildings £1,340, leaving to of Switzerland and Belgium, 31 carry forward 13,700, During per cent.; Bank of Germany and the year a survey of the anapany's

The Central China Post reports property has been completed. The Austria-Hungary, 4 per cent.

company's property consists of that Kiukiang is about to have a Finland and Sweden, 41 per cent.: 3,605 cores. The amount of dry Chinese daily of its own, owned ie, the monetary position in rubbor haivosted during the by cortain, well-to-do membera of Interest Allowed on Current

Account, general was far more encouraging fantcial year amounted to 282,the Chinpu Tang which will be

Deposits received for fixed in September, 1911, than it is 500 lbs., as against an estimate known as the Hsin Pao. In

by the manager of 250,000 lbs. politica it will defend the estab-periode at rates to be obtained on now. At the same time most of The average price realised wa lished order.

application.

EISHI ONO, the great inaning houses are in 34, 8-16d. per round. The man-

Manager. possession of large

Hongkong, 30th Sept., 1913. [18 reserves. Taking all the banks ger and visiting ngeut estimate the crop for 1913-14, at 325,000 "Bulletin's included in the

lbs. The labour force at June 30 survey, their coffers contained no

THE CHARTERED BANK OF less than 20,092 millions of cousited of:-320 Javanese, 8

INDIA, AUSTRALIA AND

CHINA. franes, 23,662 millions being in Tails, 445 China o an! gold in other words, since the Malays; total 887.

currency

To Sail

3+

NOTICE

The Malacca Lands Ordinance.

Under

FOR EUROPE via Ports of Call.

"Prinz Eitel Friedrich,"

Capt. C. Mundt, will bo de spatched from here on Wednesday

Incorporated by Royal Charter 1853.

For 3 months. 2 per cent per Indo-Chinas

por cont. pershell" Transporta £1

HONGKONG SAVINGS BANK Star Ferry" $10 $44

ית

THE Business of the above

REFINERIES,

$100 $94 $100 $39

HONGKONG AND SHANGHAI Luzon Sugars Bank is conducted by the China Sugars

MINING, BANKING CORPORATION.

Rules may be obtained on ap Chinese Engineeringe £133- plication.

ei 47/6

INTEREST on deposits is al- lowed on the minimum monthly balances at $3 Per Cont. per AN

Em..

£1 8312

Tronohs. Raubs DOCKE, WHARVES, ́✯ O'DOWNS. Kowloon Wharfa $50 $85 H.K.&W'poa Dooks 850e7d" Shanghai Docks T. 100 54 Hongkow Wharfe T, 100 |T.107

LANDS, HOTELS & BUILDINGA For the Hongkong and Shang- Anglo French Lands T.100 T.94 125 hai. Banking Corporation,

Depositor may transfer at their HEAD OFFICE-LONDON.

option balances of $100 or more Paid-up Capital .........£1,200,000 to the Hongkong and Shanghal Reserve Fund....... £1,700,000 Bank to be placed on FIXED Reserve Liability of

DEPOSIT 4 Por Cent. per Proprietors.....

£1,200,000 annum

FOREIGN EXCHANGE and General Banking business trans- acted.

CURRENT ACCOUNTS open-

122

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

685

BANK.

Capital Fully

Humphreys Estates $10 89.15 Kowloon Lande $30 $45

Shanghai Lands T. 30 T. 94 «

$50 $70 West Pointe

Manila M'pole Hotel P.10 P. 8

COTTON MILLS.

T. 50 T. 146 T. 118.

world's output of gold subsequent to the discovery of America is generally put at between 79 and

The Marco Lauds (Amend- 73 milliards, about a third of all the gold produ ed is locked up ment) Ordinanco, 1913, in to he in their coffers. The significant introduced into the Legislative fact is that the sum now held by Council. It provides that land"! way of reserve is larger than hold under custoniary tenure in that held in September, 1911, Malacca shall be liable to forfeit when the general position, sure if the land remains nneul- gauged by the Bank rate, was tivated for three years, better. In September, 1911, the the principal ordinance the laud banks &c, held 21,243 milioa reverte to the Crown if it has been the 26th of November and is due od and FIXED DEPOSITS, DEUTSCH ASIATISCHE Hongkong Lands $100 6112

out of cultivation for three years to arrive in Genea on the 23rd. of coived for 1 year or shorter periods franca' worth of ballion, two years they have incroused and the rent reserved thereon has December-This steamer gives at rates which will be quoted on their stocks by 2,419 millions; an been unpaid for three years. splendid opportunity to REACH application.

A. S. HEWETT,

Acting Manager. amount roughly equivalent to the This amendment restores the law HOME JUST IN TIME FOR

Hongkong, 11th April, 1912. world's output for a year. In to what it was under the Ordi-XMAS-Early booking recom- spite of this increased hoard the nanco XI of 1870, which was mended. A big banks pretend not to have repealed by the principal ordi enough money, and have raised nunce: Under Ordinance XL of apply to their rates to keep what they have 1876 the land was held of the got. The greatest holders of Crown so long as the holder paid bullion are the Treasury and to the Crown one-tenth of the banks of the United States, which produce of louls by way of rent Hongkong, held 7,200 million franca' worth and continued to cultivate the of gold at the end of June, 191382me, and it was provided that Russia comes next; the State if the lands should be out of Bink held 3,704 millions in June, cultivation for more than three 1913-more in each than at the years they reverted to the Crown. same date in 1911. France is The reason for this amendment is third. The Banque de France that at the present time a con- held 3,317 million franes' worthsiderable quantity of the paddy in Juno, 1913; in June, 1911, lands held under customary tenure 3,212 millions. The Bank of is not cultivated by the holders. Germany has increased its reserve The latter amendment contained" from 1,005 millions in 1911 to in clause 2 of the bill simply 1,381 in 1913, Argentiun holds describes the procedure to be

For further particul ra.. please

Melchers & Co,

General Agents, Norddeutscher Lloyd.

6th Oct, 1913.

Notices

KOMOR'S

(Alexandra Buildinge ONLY)

Des Voeux Road, Central. The Art Unión of Japan"

THE

Notices

CHINA PROVIDENT LOAN ANU. MORTGAGE CO., LTD.

̈(Capital Paid up...$1,250,000.)

Paid-up...Sh. Teals 7,500,00 Head Office-Shanghai. Board of Directore-Berlin. Branches: Berlin Calcutta Canton Hamburg Hankow Kobe Peking Singapore Tientsin Tiranfu Tsingtau Yokohama. LONDON HANKERS: Mesora, N. M. Rothschil, & Sons, The Union of London and Smith's Bank, Limited,

Loans on Mortgage of House Pro-Deutsche Bank (Berlin), London perty, &zo. Goods received on Storage.

Agency.

Advances made on. Merchandise: Direction der Disconto Gesell

+

Loaps made on the Provident

System. (Rates and Particulars on ap

plication).

The Office of

sohaft.

Dreadner Bank INTEREST allowed on Current Account. DEPOSITS received on terms which may be learned Or on application. Every desoription of Banking and Exchange busi ness transacted.

TRUSTEE, EXECUTOR

WILLS, ATTORNEY, &o, Undertaken and Executed...

SHEWAN, TOMES & 06. General Mariagers.

1,332 million fracos' worth of adopted, when the land is linble EXHIBITS WATER COLOURS. Hongkong, 19th March, 1908 gold. In fact, M. Leroy Beaulieu forfeiture, in order to make States: Stress should hathe forfeitaro completo.

laid

the fact upon

that

it is the young countries which

are the great hoardere, of gold-

the United States, Argentins,

Russia. They, with Canada, Brazil, Egypt, South Africa; and

Miners and lif-fuck.

Master Works by

E KATO, Jos. YAMAMOTO, 8. ISHIDA, K. MORI, SHISEN KASETSU,

also Old Prints and Kakemonos at

MESSRS, KOMOR & KOMOR

Des Voeux Road. These plotures will be sold at

REASONABLE prices to introduce them, and are warranted to be genuine.

Please note that the address of Mossrs. KUHN & KOMOR and HOMOR'S is

ALEXANDRA BUILDINGS ONLY,

DES VIEUX ROAD...

all the other new countries re Women, like rabbits, are of ill- taking and holding a much that omen to the mainer (says the Daily there is little enough left over for Chronicle)." In many places, par- the old world." It is, in his ticularly in Wales, if a pitman opinion, a mistake to attribute meets or sees a woman on his way monetary stringency to increased to work he will tara back; for outpat; it is due rather to (1) a such an encounter is held to fore- series of bad harvests; (2) in-bode evil not only to the man him- dustrial development and its self, but all his acaciatos. A BEST OLD CHINESE CURIOS, excessive demands for

FOR SALE

Some ten pleces of best old

raw Oswestry, some years ago, a wo- material; (3) universal rise in man was employed në messenger salaries and reduction of hours; by ons of the collieries, and in the (4) growth in laxary of all kinds. course of her duties met many of At the same time, while relief the colliers on their way to work. Chinese Curlos. Cheap rates. may be hoped for as regards the The men immediately told the May be inspected at Hung On immediate tension, it is unlikely manager that they could not run Boarding House, 82, Con- in-bis view that the very low the risk of ill-luck_entailed__in] discount rates of the close of the meeting a woman on the way to naught Road, (Ist Floor) nineteenth century will be the pit, and threatened to strike

repented,

if she were not dismissed.

Apply tom

CHEUNG SAU SUN.

32

PEAK

EAK TRAMWAY COA

LIMITED

E PAB12

STEEK DAYS.

Ewoe Shanghai Cottons

Laou Kung Mow Kung Yik

b.

Sup.a. for 1912

$2,50 for year end'g30'6'13 Interim of $1 for half) year ending 30'6'13 F (6 p.o. for year 1912 on

preferred shares

(Final of 4 making 6

for year ending 31*12′12

Int, of 1/a/c. 1918

11

$2 on10,000 shares 1st issue $2 on 10,000 2nd. $1 on 10,000 3rd. for year ending 30'4'13

$3 for 1912 $3 for 1897

Interim of 33 p.o. 8 2/5d per share, Couton No. 1 ac“ count year 10.6.12 Int. of 1/6 mak. 6/6 a/c, 1913 1/2 for 1909

84.50 for year 1912 $1 final dividond" for

year 1911

Tib. 3 for 1912

for}

· Interim of Tis 3 for 1913

Tie. 6.29'2'10

#3 on old sharea, $1.50)

on new shares for half

year 31'12'12

8314 for 14 year ending

30.6.13

50 cents for 1912

$2.80 for 1912..

Jaterim of 5 p.o. for year ending 30°6′13 half ) 12 for 12 year ending) 90,6-18.

15 per cent. for 1910

7 p.s, for year ending]

3110-12

end-}

Tie. 10 for year end-

ing 30'6'13

108)

1434

b.

Hongkong. Cottons. $10

MISCELLANEOUS. ***

189

50 cents 31.7.08

$12 691 China-Borneos

b.

85 conts for:

Light and Powers $101 185

Do. (Spec. shares) 81)

China Providents $10 $8 ea. & b.. !] Dairy Farme $6 1827 b.

$10 187 aa. & b.

b. Green Islands Hongkong Electrics $10 $44) $25 $150 Hongkong Icos

b. Hongkong Ropes $10 $22) b.

R. TIMMERSCHEIDT, Langkate

Manager, Hongkong, 9th Oct., 1911.

12

Morning Post Peak Tramway

g. 10 T27 88.

$25 1822 $10 $10 s..

$190 ots. b.

THE MERCANTILE BANK OF F

Do. (new) Hongkong Electric Trame 8/6 €1,500,000

$10 1,125,000 Philippines

562,500 H. Price & Co., Ld. $10

Pro 415,000

desferred

INDIA, LIMITED. Authorised Japital:

Subsoribed

#+

10 MIN.

Paid Up

"

13 Ater.

Reserved Fund

+

10 M.,

-7.00 AM, to "1.00 A, EVERY 14 M.

$.00 A. Lo 10:05 AM. 11,00 A.14. 10,00 A34, to 11.30 A. to £1.41 FM: 13.43 PM to * 15 7 3.35 PM, to 1.45 # to 5.15 P.M. to 5.00 2.34. to

Kids 7-18:

R.IS TIME, 5.00 *'. + 8.10 T.K.

NIGHT CARS,

15. DIIN.

10 Art.

18

15 BLIN,

to hizo.

2.547) pre 240 7Jt, ta

21,061, everyshall bour

xico Parto 12.45 Yuko

every quarter of ancer.

SUNDAYS.

00:10:30 AM, Event is Alu,

JE MIN.

19.30 .. 10

$1.00 -130 Noon -14,45 A.M. ta $8.00 NOOK to 1.00 31.

1,09 PM 5.00 7.M. to 80P.M. to 7.50 7.1 Lo

19... 5.00 ...

in Blum

toʻ ALIN.

2:00 Mar

is Min

to Men,

· NIGHT CARS ja on Wook Days

SATURDAYS.

Rates Camel to 1 mlinight. SPECIAL CARS,

By Arrangement at the Company's Osca, Alexanden. Dalldiagr

BANKERS:

Bank of England. London Joint Block Bank, Limited.

Interest allowed on Current Ac- counts at 2 per cent per annum. on Daily Balance and on Fixod. Deposits at ratas: which may be ascortsinod on application.

A. R LINTON

-THE ALEXANDRA CAFE Cannot be Beaten, if. Equalled, Tor Bread, Cakes, Confectionery meala with Wines & Liquere,

185

36

Socicta

$50 $20 Pulposet Papierteries paid du Tonkin' up $50

Benefit $200 Shanghai-Sumatras T. 20T.150. Steam Laundry 4 6514 United Asbestos

Oriental Agency, $10 8914 Ld.

"810 - $300. United Asbestos

Founders Shares) Union Waterboat

Weismann, Ltd. Watson William Powell

$10 $17 1/2 b.

$10 $30 $10-$752

· Corrected; to'samo'pibu, Nov. 25, 2014||

* 1912

70 cents for 1912 $1.30 for year end'g 31′′713 40 cents for 1911

$1.60 par share for 1912.

$2 interim for 1913 $1 inferimit for 1913/

Interim of Tle" 1 mak ling Tie, 2.a/6- 1913 None

80 cents on fully paid)

sharos and 8 cents on $1 paid shares för year ending 30.4.13

Interim of 1åd, per share.

for 1913.

"None"

$1.50 for 1910

None

No dividend this year, 50 cts, for year end'g 31.5.12

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

81 per share for year!

ending 31 12 1912

25 per cent, for year

*** ending 9177′11

60 beats for 1912

40 ote, year ending 30'6 12 WRIGHT AND HORNHY, Share

Canarai brskarn & Da Vonds Road Central Tel, aktrisa Baasitude

Tys Talegrron dans un bold lasti serponan ve sve any of the shata quoin the