1913-11-24 — Page 11

HE HONGKONG HOTEL COMPANY LIMITEN,

(Continued from Paga 5.)

fr. Maitlar seconded, and the Jutions were carried.

Dr. Noble aays: "The

Com

sy did not roll 8/20ths of the cern to the note Shareholders. Shares to Company sold now shareholders, a very different ter." Will Dr. Noble state if te were any shareholders who ad to take up their option and here was a balance of shares to the Directors to dispass of the public or to old sharehol in addition to their own

RE

which is the same broker Perhaps a

that not employed, so shareholders old

ot.

ed any such additional shares $25 instead of something like

the market quotation in consequently losing the pre-

m to the Company.

he new shares were issued at

THE HONGKONG / TELEGRAPH. MONDAY, NOVEMBER 24, 1913.

Intima fon 400

THE WEEKLY TELEGRAPH.

CONTAINS ATL

THE NEWS.

The most complete Mail

Supplement in the Colony.

PHOTOGRAPH

Contains all the news of the week in a most attractive form and is the paper for mailing to friends at Home. photograph this week isentitled, "Signal Station, Kowloon."

Day by Day:

to old shareholders in the Hotel Liste .............

ortion of 2 new shares for 3 Passenger Lists ..........

Steamers

CONTENTS..

Pages.

14 American Tariff

Journalist's Death

Fages. 40-47

5

.47

6.

In Charity's Name: 7-8 Rescue at Sea

48. 48-49

ones.It is evident there was Commercial................. 9-11 The Kasbima Mara .......49 *** hance of obtaining any pre-

as the old shares were ed 84 ox dividend in March

Share Report Correspondence"

The Courts.

19 40

....12-13 Canion News.....49 ....14-15 A Boogkong Wedding .....16-20 The Tingsang van .....21-20 Reported Big Failure......49 ped from 90 before the new Leading Articles............30-35 Sanitary Board. 50-51

American Sailor's Death...51

the annonrcement of the new

mont at par. They had Telegrams

Special Artioles.....40-41 A Double Tragedy Sport

51 .................... 42-45 Hongkong Wedding ...51

allowed un both sidos-6 months

Bankstur.

INTERNATIONAL BANKING

• CORPORATION,

Hand Office, Wall Street, New York + London Office (wyś, BishopingNG BE

BRANCHES

Calceti CARLOR

Calen

Empir

Hougtong

Hankow ...

Capital and Surplus someone

ofigodne zur Exchange

1/11 1/24 Ou Saigon --

1/11 0/16 Oa Bangkok:

73964 m/s, L/C

Banks

Salling.

T/T. Marka

HONGKONG & SHANGHA

T/T !!

BANKING CORPORA Demand...

1/11 3/8 1 117/16

T/T: Franos

On Haiphong

TION WAT G

60 1/8

Paid-up Capital

$,000,00

4 m/a

1/11 5/8 By

Buying

Kobe

T/T Shanghai

Mexica

RESERVE FUNDS:

T/D Singapore"

* 83984 m/s. D/P

Private 30 d/s sight S'hai ...74346 m/s. L/O ....

Sterling

T/T Bombay

145144 m/s. Märks

́£1,500,000 at 2/-

$15,000,000

Demand Bombay....................... 14533 4 m/s. Francs

T/T Coloutta t

1456 m/s. do

Demand Calcutta

Demand India.

Bilver 17,450,000:

Demand Manila

Paking

Shangbel

-Хохолалия

Gold 87,100,000

equal 1.150,000

→ETERY DESCRIPTION OF BANKINU BUSI NESS transacted.

CURRENT ACCOUNTS.

DEPOSITS RECEIVED, Kno

Xum, or for shorten perioda, at rates, wikh may be matartálueď to application.

***BILLS NEGOTIATED -

53411 mA TELEGRAPHIC,

TANCES

BULANTTERS OF CEKIT and DRAFTIL S'ASUK

'on mit the principal cities in the Was

**THE LANK'S-CIRLULAR LETTERS - UF CANDIT are avaliable all wwer the World.

COMNARGIA ASTERS: OFF CREDIT Resrove Liability of

„TURCHASE Rod Salk of Stocks and Shares

elmets.

GRAVELLERS CHECEs and cashed

da zapisa GEORGE EQCG,

Manager.

- rata. 9, Queen's Road, Hoogkot Hongkong, 1st Nov. 191 19

THE

YOKOHAMA SPECIE BANK

LIMITED."!

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

Head Office.-YOKOHAMA.

Branches Antung-Hsien

Bombay,

Why should the Directors, who

Caloutta Changchun Dairen Fengtien Harbin

as wore offered and after the Notes and Comment......36-39 Examination of Officers..51 ment of a $3 dividend. e was evidently no rash for ew shates, for on 10th May quotations were 71 and 42 and sellere. It will lo eren on the day of the announ nt of the issue February the shares were 10. Three 8 were therefore aleable for (lees $9 dividend $201), there was $50 to pay for the on the 2 new shares allotted

t March, together $311. O

•

7th, after the call was theso. 3 old shares

2 new shares at 71 and 42

Hankow... Honolulu

the Chairman stated-but I think are paid to look after the intereste after that i'mo the now shore- of all the shareholders alike, and holdera did kick, and the only not merely the old ones, want to Kobe. reason they did not kick with give advantage to one class of Liao-Yang any effect was because they did abareholder, or partner in the London not know the law as they do now. Company, to the disadvantage of Lyons * It is only fair to state that the the other? For, sa will be sesu above, thin is what it amounts to.

Directors do not appear to have known either.

Dr Noble, in his speech, does séknowledge that the prezent

Agencies at

Nagasaki

Towchwang New York

Osaka Pekin. Ryotun Port (Arthur)

San Francisco

EISHI ONO,

9914

1/11/15/18.

8/-1/16

2/-1/8

T/T Japan.......................... 95 90d/s.8'ney & Molbourne...2/9/16 T/T India ini.............1454 30 da, Ban F'co & Now York 4816

1454 BarSilver, ready 14512 forward .95$ Gold Leaf per tael.

T/T. San F'cu,& New York 4734 T/T. Java

832,450,000 ||

Proprietors...:$15,000,000

COURT OF DIRECTORS. S. H. Dodwell, Esq. Chairman. Hen. Mr. D. Landale. Deputy

3G. Friesland, Esq.

Chairman,

E. Goetz, Esq. 0.8. Gubbay, Esq. AAP.H&Holyoak, Esq.

G. R. Lauronz, Esq.... VADOW.L, Pattenden, Eeq,

JA. Plummer, Esq.

· Hon. Mr. E. Rhellim.. H. A Biebs, 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 a

ON FIXED DEPOSITS.

For 3 months, 2 per cent per

Annum

For 6 months, 3 per vent per

Annum.

For 12 months,.4 per cent per

Annum,

N. J. STABB, Chief Manager

Bubsidiary, Coins.. Discount per $100

་་་

2.05

....2.52

12.5478

...26 3/4

26-3/4

Bank of England rate.

173% | Sovereign

Jhinese..,20 ots. pieces 89 3/8 % Chinese...10 Hongkong.20 Hongkong:10

59,80

Opium Quatation.⠀

$10.20

Nov 215.

4,900

Malwa, Now .................$1.600 përpis. Malwa, Old

Patna, Now"............... 5,825 paroho

Patna, Old go 5,700.

$95,8

$736

Benares, New

5.575

1936

Benares, Old...

5,350

H-BUYER

SHARE REPORT.

S-SELLERS

$30CMS & PAID ur Valde,

BAD BANKIN

Hongkong & S'hai 125 -

BA-SALE

CLO1

CONS

$790

{£79/10

$50 1320

MARINE INSURANCE",

Cantons

North China

China Firos Hongkong. Fires

SHIPPING. China & Manilas

£5 · T193 ¡b.

$100 $810

*&

List Biyidend AND PATE.

£2 at ex 1/156 equal to $20.31 for 4 year ending 30/6/13

$18 for 19:2

Final of 1 pc, making

29p.c. for 1912 Final of $20 making $50 | for 1911 and Interim | of 830 for 1912- Final of $12 mak. $15 forl 1911 & Int, of$3 for 1912)

$10 for 1911

$27 for 1911

$1 for 1906 $2.50 for year end' 30'6'13 Intorim of $1 for halft year ending 30°6′13) ▼ [6 p.o. for year 1912 on

preferred shares

!

Unions

Yangtzos

£50 (195

FIRE INSURANCES.

$20 6161

$50 $380

$25 68

h.

Douglas Steamship $50 $90 Steamboats Inder Chinas

$15 $29

(Preferred) (Deferred)

Shell" Transports £1

£5 183

99/6

"Star Ferry".

{ $10 $44)

REFINERIES $100 $94

b.

$3 for 1912

$100.₤33

HONGKONG SAVINGS BANK Manager.THE Business of the above

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

MINING, BANKING CORPORATION.

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

INDIA, AUSTRALIA AND

OHINA.

Shanghai Tehläg Tontain Tokyo Pu Los Angeles

Interest Allowed on Current Account.

fixed Deposite received for Why this change of attitude on otively would have fetched the part of the Directors took new shareholders do not want to periods of rates to be obtained on and $84, together $207, or place was because they found take advantage of the precent old application. by taking up the new issue that they had obtained a contract shareholders by demanding an 14 co 3 old: shares. Notice to provide funds from the new equal dividend without first pay-Hongkong, 30th Sept., 1913. · (18

the difference in premium: shareholders up to $200,000 ating up the balance call. Why on a fally paid $50 sbare practically a moment's notice on us this not made clear in the THE CHARTERED BANK OF

notics issued by the Directors on $17 on a partly paid $25 which they were not paying any 1st October, and again in the

practically the same, which interest, dividend or other com- stea that from the first in the pensation, and with the help of undated notice after the meeting to mind there was never any this advantage they were able to on the 25th ultimo, for there is t but that the shares would borrow money from the Bank at no doubt that shareholders hold- rtly fully paid and be treat6 per cent. Are they going to 10g only old abares must have ranking shortly for divid-say now the Bink would have received the impression that the new shareholders were legally entitled to, and were demanding, or was it from 1st May they leat without this security ?· to rank fully as an induce For the half-year ending 30.h an equal dividend, although only to take them up?) and in all June, 1910, $43,000 was paid half as much was paid up on the cls parri passt with the

away in dividends, viz. $3.00 new shares? Dr Noble adds the. hares.

on old shares and $1.50 on the new ebareholdere have not been new. If the balance call (I$200 deceived by the Company, that 000 had been collected on 31at they got nothing more than half 0 share for $71 cr a new December, 1009, the Company the dividend paid on the old ed and FIXED DEPOSITS TO sbare for $42, which, when would have saved $6,000 addi- shares, they expected nothing ceived for 1 year or shorter periods have paid the balance call of tional in Book Interest, but the more, a long as the shares were at rates which will be quoted on in 8 months' tim, will then whole 20,000 shares would have partly paid. Perhaps true, but they application. equally with mine and you been fully paid up. The divid did expect more at the end of 6 then have a fully paid share and divisible would have been months from lat May, 1909, or else ng you 867." Look at these $54,000, or $2.70 per share, i. ., they disbelieved what the Chair Hongkong, 11th April, 1912. . [22 ea; they mean that it was the old shares would have had man told them at the meeting of ible to buy "(if what Mr their dividend reduced from 12 26th Februars, 1909. I am sure

and supposes is true) a fully share in the same Company per cent, to 10.8 per cent. per an-

a quite clear that the old holder said "You can have

ling as they have dono 8 per

per annum (or what they

num then and since..

In June, 1008 (before the new Id legally have done 7 per issue), the dividend was at 12 per

) on the investment of $71, cent, per annum, on the capital partly paid share which has paid up, and this has been main-

cent.

the Company did not wish to

INTEREST on deposits is al lowed on the minimum monthly balances at 63 Per Cent per al

Incorporated by Royal Charter 1855.

Depositors may transfer at their HEAD OFFICE. LONDON..

option balances of $100 or more £1,200,000 to the Hongkong and Shanghai Paid-up Capital ... Reserve Liability of Reserve Fund... £1,700,000 Bank to be placed on FIXED DEPOSITA st 4 Per Cent, per £1,200,000 Banum. Proprietors

FOREIGN EXCHANGE and General Banking business trans- acted..

CURRENT ACCOUNTS open-

A. S, HEWETT,

Acting Manager

Notices

CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD

deceive them, and by this I mean. THE the old shareholders. Does Dr. Noble mean that the Directore did deceive them I trust for

Tronohs!

£1 47/6 Raubs

£1 8314 Docks, WHARVES, G'DOWNE Kowloon Wharfe $50887 H.K. &Wpoa Dooks #50 { 673' Shanghai Decke T. 100 54 Hongkow Wharfs T. 100:307

LANDS, HOTELS & BUILDING For the Hongkong and Shang-Anglo French Lands T.100 1.94 hai. Banking Corporation,

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

Hongkong Lands $100 DEUTSCH ASIATISCHE

Humphreys Estates $10 Kowloon Lands $30

Shanghai Lands T. 30

850 West Points

Capital Fully

BANK.

Pald-up Sh. Taela 7,500,00 Head Office-Shanghai. Board of Directors-Berlin!

Branches:

Ewos Shanghai Cottons

$125

$85 $112

69.20 sa. & b.

$45 b.

T. 94

$70

Berlin Calcutta Canton Manila M'pole Hotel P.10 P. 8

COTTON MILLS. Hamburg Hankow Kobe

T. 50 Peking

Singapore Tientsin Teinanfu Tsingtau Yokohama. LONDON BANKERS: Mesers. N. M. Rothschil. & Sons. The Union of London and Smith's Bank, Limited.

Agency.

Final of 4/- making 8)- for yearending 31*12'12 Int. of 1/- n/a. 1913

$2 on 10,000 shares.lst issue $2 on 14,000 2nd $1 on 10,000; 3rd

for year ending 30°4'13

$3 for 1897

Interiin of 3hp.c. 8 2/5d per

aharo, Couton No. 1 ag count year. 30.6,12 Int.of 1/6 mak.6/6a/c. 1919 1/2 for 1909

$4.50 for year 1912 $1 final dividend for)

year 1911

Tis. 3 for 1912

far}

Interim of Tls 3 for 1913

Tia. 6 29*2*10

$3 on old shares, 1.50)

on newshares for half year 31*12*12

$314 for 14 year ending 30 6.13

50 cents for 1912.

$2.80 for 1912

Iaterim of 5 p.o. for

year ending 30°6′13 half?

$2 for 14 year ending} 30.6 13

15 per cent. for 1910. 7p.c. for year ending

31°10'12

TIs. 10 for year

¡T. 150 b.'

T. 120 b.

ing 30'6'13

106) 114. b.

50 cants 31.7.08

85 cents for 1912

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

Laou Kung Mow Kung Yik the credit of the Company that Loans on Mortgage of House Pro-Deutsche Bank (Berlin), London Hongkong Cottons, $10 89

$12 191 China-Borne08

b. perty, &c. a mistake in Goods received an Storage. Direction der Disconto Gosell Light and Powers $101

$456 6. Directors made making the new contract with the Advances made on Merchandise:

schaft.

Do. (8pec, shares) $1 f Dresdner Bank.

b. China Providente $10 $81 the Bank for an extended over- Loans made on the Provident

System.

$6 $27 INTEREST allowed on Current

Dairy Farma draft at 6 or cont. tefore

$10 $7 completing, and now trying to (Rates and Particulars on ap Account. DEPOSITS received Green Islands

on terms which may be learned Hongkong Electrios $1044) (Continued on An Extra. }

on application. Every description Hongkong Ices $25 $150 of Banking and Exchange bust:

Hongkong Ropes ness transacted.

Notices

NÓTÍCE...

plication).

The Office of

TRUSTEE, EXECUTOR OF WILLS, ATTORNEY, &c,

Undertaken and Executed... ASHEWAN, TOMES & Co.

General Managers. Hongkong, 19th Marob, 190832 at

3 returned 7:14. per cent on tained ever since except in 1909, he will now acknowledge the and should have returned 8 when the dividend dropped to 10

$67. on

What per cent. per annan.

Now the contract with the new tics the people were who zht the new shares in prefer-shareholders was without doubt to the old anlege they had meant to be, if profita continued of in the terms of the resoluto be made on this basis, a 10.8 the credit of the Hongkong par cent. dividend on $400,000, al as a respectable Company, the amount of the new capital, in the statement of its Chair and instead of this the Directors of Directors on 26th Febru gave a 12 per cent, dividend to 19091 Dr Noble and Messrs. The old shares on their foll: capi- land and Bowley and such tal paid in and. 12 per cent. shareholders, not shareholders, whether they to the new

T is hereby notified that:ap- IT e sold or retained their new on their full capital for which plications are invited for the PEAK TRAMWAY 00. re, please take note; or do they they were liable, but on only vacant posts of three PROBA- sider this and also the resolu- $200,0.0, or hall of it, I think TIONER NURSES in the Civil

now proposed by the present Dr. Nobleand Mr. Maitland would Medical Department.. colorate to be smart business? much prefer to have $400,000 Applications must be in the I not the sellers eat their cake invested at 10.8 per cont, than handwriting of the candidates, en they accepted the same pre- $200,000 at 12 per cent, and accompanied by certificate of am on new shares as on old? stand the risk of having to find character, and be forwarded to The Articles provide that the another investment for their the undersigned. ectors could have called up, $200,000, suitable for realiastion 1 can still call up, this money at 27 days' notice. baid on the shares at 14 days'

ice under penalty of interest at In other words, the contract or per cent. per annum, or they bargain was for 8/20ths of the give a farther 13 days notico, profile and any other value in the I failing payment of call and assets of which any share in the orest may, forfeit such shares. Company has a right to participate It is reasonable tɔ suppose the directly or indirectly. The Dir. eotofoobanged this to 5/2018, shareholders knew at that, e of this heavy liability due, not the Company, and the Dir otically at a moment's notice,'

For full particulars apply to the Matron at the Civil Hospital.

J. T. C. JOHNSON, Principal Civil Medical Officer. Hongkong, 21st November, 1913.

BEST OLD CHINESE CURIOS,

FOR SALE Some ten pieces of best old get the Chinese Curlos. Cheap rates. May be inspected at Hung On Boarding House,

ectors are now trying to reduction. If no reduction is now

I must have made arranged Company to agres to legalise this

te to meet game, piberwies to

opmoney more or less ill

nce the slight diffroren in the amium There was dɔmo grace

DEA Noble being Ettempted, as infere, then why in the now rosalatian poopsstry ?

naught Road,Kist Floor),

Apply to

CHEUNG SAU SUN-

LIMITED

TIME TABLE.

WEEK DAYS.

7.00.10 6.00 Breet za 28. 3.00 AM, to too010 MIN. 10.00 AM, 10 '$1.00 Ex

2.15 PM. 10 ・TAS FM to LIS KM. to 5:00 PM to

́R. TIMMERSOHEIDT, Langkats

Manager. Hongkong, 8th Oct. 1911.

Morning Post Peak Tramway

THE MERCANTILE BANK OF

INDIA, LIMITED, Authorised Capital ... Subscribed

Paid Up

Reserved Fund

3 MEN,

đã r

1.45 ZAM. RES P

21.

#1

10 MIN

A

1

25 Max,

B.ED P.1.1220 K NIGHT CARS.

1. Put and 97.M. ́9.30 13. 10

$1,000s, every half boure el dia

11.00 PAMTEO 31445 7.M.

́avery gunster of an botir.

SUNDAYS.""

Q... to 10.30 AM.; EvRxY 25 B:9, 1939 AM, 10 · 11,00 A M 1.45 A. to $500 Neow

12:00 Noor to 100 1.3.

1,00 7.3: Lo

5.00 3.M. to 4.00 36 4.00 M, ED. 7,00 PAMAMA 7:00 T.M. Bo Leo

to Mm.

is Man

IO MIN.

NIUIT CARE A is Wook DayNI

SATURDAYSOFER

Extra: Cars si” 11 f midnight.. HAM SPECIAL CARE,

By Arrangement of the Companri Dice _Alennöden 7 Bulidingoj

BANKERS:

$10 $22)

8. 10 T28 b

b.

36 5

b.

b.

$25 $22 $10 $104 b.

$190 ot. b.

Do. (new) Hongkong Electric Tram 8/3

$10

£1,500,000

1,125,000 Philippines

562,500 H. Price & Co., Ld. $10. 415,000 and de Pro-

Societe des ferred.

- $50 ($20- Pulpeset Papierteries paid du Tonkin up 250

-Benefit } |$200 Shanghai-Sumatras T. 26 T:150 Steam Laundry $5 £4. United Asbestos

Oriental Agency, $10 6916 La

Bank of England. London Joint Stock Bank, Limited.

Interest allowed on Current Ac- counts at 2 per cent per annum Fixed on Daily, Balance and on

$10 $300 Deposits at rates which may be United Asbestos Founders Shores, Benoriained on application.

AR LINTON, Union Waterboat, $10 $17.1/2 b.

THE ALEXANDRA CA Cannot be Beaten, if Equalled, For Bread, Cakes, Confectionery meále Wings & Liquere,

Weismann, Ltd.

Watson

William Powell

$1030 $1088

Comsted to go pam Now af s

ead-

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

$1.60 per share for 1912

$2 interim for 1913 $1 interim for 1913

Interim of Tis, 1 mak ling Tis. 2 a/c -1913 None...

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

Interim of lid. per share

... for 1913, None

* $1.50 for 1910

None

No dividend the year 50 ote for year ond'g 31.5.12 20 por cont. per ordinary share for year ended 31'5'1912

$1 por share for year

onding 3112 1912

95 per cent. for year)

ending 31711–

50 cents for 1912

40 ots, year ending 30'6'1% WRIGHT AND HORNBY, Kari 201

General brokers De Voeux Road Central Tal, address Xactitude

The Telegraph den qat kold (119) resumably for any of the chory gaputiquijā