1914-03-05 — Page 9

COMMERCIAL

Canadian Bond 'Issues.

The Money Market.

According to the annual state- ment of Mr. E. & Wood, president Business remained dull during of the Dominion Securities Cor- last wrok at Shanghai. Theroporation, Canada in 1915 sold was a general falling off in clear bonds aggregating a total value ancea. Up-country demand is of $373,795,295 (£71,739,050). rather slack at the moment. To a certain extent the political sit-

Of this amount · $22,380,666 assion is reported to be retarding ($4.177,333) WAA devoted to business. The slackness, however, Canadian corporations operating is noticeable more in the piece in foreign countries and chief goods and yarn trade than in any in Mexico and Brazil About other trade. There was a small export moventent in the outports. $277,470,780 (255,404,158), was Money conditions remain un-placed in great Britain. Despite changed for all practical purposes. a period of financial stringency, It must, bowever, be noted that the figures for 1913 exceed those the native banks have less silver now than daring the past few for 1912, when the weeke. The stock of silver in $272,937,982 the banke is composed of Tls; and 39,600,000,

** for $10,565,000 and the total 1,148 bare; of this total the

was. $266,812,183 native banks, including the Bink (£53,302,507). Thus practically of China and the Commerojat75 per cent. of the cacurities was Bank of Chins, hold between marketed in them Tla. 4,250,000 and $4, although the significant amount Great Britain 810,000.

of 850,720,702 (2.10,141,159) or 13.8 per cent,, was in the United States.

of

total (£54,587108). "Then

1911

THE HONGKONG, TELEGRAPH, THURSDAY, MARCH 5, 1914.

Public Companies

Banks

THECHINA FIREINSURANCE INTERNATIONAL BANKING

CORPORATION.

·COMPANY, LIMITED.

in

ING of SHAREHOLDERS HE. FORTY-FIFTH MEET- the Company will be held at the Company's Office, No, S Queen's Road Central, Victoria, on THURSDAY, the 19th March,

1914, at 12 o,clock NOON, for the purpose of receiving a Statement Directors for the year ending Slot of Accounts and the Report of the December, 1913.

the Company will be CLOSED The TRANSFER BOOKS of from 6th March to 19th March, both days inclusive.

By Order of the Board of WB Directors.

C. PEMBERTON -

Secretary. Hongkong, 26th February, 1914. HONGKONG FIRE INSUR- ANOE CO., LTD. NOTICE TO SHAREHOLDERS,

THE Forty fifth

Ordinary Meeting of shareholders placed will be held at the Offices of the It is undersigned at 12.30 p.m. on

THURSDAY, the 19th, instant.

Hund Oeste, Wall Street, New Yo London Office; wyd, Bishopsgate, EC

BRANCHES :---

Bombay Calcutia Canton Cabu

Kobe

Colon Empire Hongkong Напкой

Capital and Surplus

والحدي

Metica

Banks

HONGKONG & SHANGHAI BANKING CORPORA

TION.

Selling.

T/T

Demand............................

T/T Singapore

Exchange

T/T, Marke

.1/11-1/18 T/T. -- Franon ... wirines 1/11 1/8 On Haiphong to

1/11 3/16 On Saigon

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

Buying

196

8.42

pm

............................................7336 4 m/s. L/C

........8242 √ 4 m/s. D/B... Private 30 de asight S'hai ...743 T/T Japan. T/T India T/T Bombay Demand Bombay14444 m/s. Francs 2.47 1/2 2.49.1/g

1/11 7/16 ..............................1/11 9/16. 6 m/s. L/0........1/11.911 9430d/s.S'ney & Melbourne1/1147

30 dje.San Fee & New York

m/s. Marke 201

Paid-up Capital ..$15,000.000 RESERVE FUNDS:

T/T Shanghai

Sterling

PRELER

Fuking

porni, San Francisco

Shanghel

Gold $1,900,000

equal 10,000

Yokohama

NESS tracted

EVERY DESCRIPTION OF BANKING BUSI CURRENT ACCOUNTS opend on the ra

terms,

DEPOSITS' RECEIVED, dred for one year

4X prasnom, or for shorter periods, i znika, which

de curtained on appletion. BILLS NEGOTIATED and COLLECTED, MAIL and TELEGRAPHIC REMITTANCES

Manda.

LETTERS OF CREDIT and DRAFTS maked an all the urincipal cities in the World, -

THE BANK'S CIRCULAR LETTERS OF CREDIT vaflable all over the Worl

COMMERCIAL MATTEKS OF CREDIT

izzzed.

FURCHASE and SALE of Stocks and Share

PRAVELLERS CHECKS sold and bad.

GEORGE HOGG

ז'

Manager. peen's Road, Bongk Hagkarg, 1st Nov., 1912–

YOKOHAMA SPECIE BANK

U.S. Eastern Trade. The Journal of the Amerion Asiatic Association atates:-Thore thought that in considers tion of

THE are, happily, indications improvement in our export trade

|the increasing tendency of AmeriCompany will be CLOSED from The Transfer Books of the

LIMITED. to China. The total exports to

can capital to establish branch the 5th. to the 19th. instant, both Authorised Capital Yen 48,000,000

Established 1880. Chins and Hongkong, including industries in Canada, sina hai diye inclusive.

Paid-up Capital ... JARDINE, MATHESON

30,000,000 Reserve Fund .............. 18,550,000

Hoat

General Managers. kong, Fire Insurance Co.,

the leased territory, for the 10 with the large annualimraigration! months ending with October, from the neighbouring country, amouated, to $31,180,408. against the 'markot for Canadian securi $26,852,162 for the correspondies at American financial centres Hongkon 5, 2nd Mar, 1914 [1134 ing period of last year.

elightly will steadily expand,

Imports, too,

far this year to

are

advanced in value, amounting 80

a little over

Mr.

in

235,000,000 against $31,000.00 khác

also

Wood shows

1913 Canadiana $45,603,753

The Year's Bravest Derd.

Ltd.

Notices

NOTICE.

R. WILLIAM HOTTON consent from the firm on the 31st POTTS retired by mutual December, 1913. Edward John Chapman futo part We have this day adnitted Mr. nership.

LINSTEAD & DA VIS,

NUTICE. ·

Deacon in our firm cessed on the HE interest and responsibility of Mr. Frank Barrington 3rd April, 1913.

DEACON, LOOKER, DEACON & HARSTON, Hongkong, 25th Feb., 1914. LESSONS IN CHINESE.

MR.

Head Office.-YOKOHAMA.

Branches Antang-Iisien

Hobay Calcutta Changchun

Dairen

Pelin

Agencies at

Nagasaki

Newchwun

New York

Osaka

Fengslen

Kyolun (For

Harbin

Aubur

Hankow

Sn Francisco

Honolulu

Shenghal

Koba

Tickling

Liao-Yang

Tientsin

Lund, 1

Takys

Lyond

Los Angeles

Tsingiau

Taingiau

Interest Al'owed on Current Accoval,

£1,500,000 at 2/--

$15,000,000 Silver...$17,650,000

$82,650,000

Reserve Liability of

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

T/T Calcutta

******** ***.........144)

.144

*****... 144. 16 in/s. do Demand Calcutta.......1441⁄4 BarSilver. ready...26 7/8 Demand India

*****«144 ·° Demand Manila 9434 T/T. San Fou & New York 469 T/T. JEVE

.116 འག་་་། « * }ssu Subsidiary Coins. Discount per $100- Chinese...20 ets. pieces $12 3/8 Chinese ...10

forward Gold Leaf per tool........ 54.40

......26. 7/8 - Bank of England rates.3% Rovereign

.10.35

COURT OF DIRECTORS. Hon. Mr. D. Landale.-Chairman. W. L. Pattenden, Esq. Deputy Hongkong.20

Chairman.

Hongkong.10

S. H. Dodwell, Es ..

G. Friesland, Esq.

E. Goetz, Esq.

0. S. Gubbay, Esq.

P. H. Holyoak, Esq.

C. Landgraf, Esq.

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

ין

19

$13 $46 $6 15/16

Oplum Quotation-

Malwa, New

% Malwa, Old....

Patna, New

Feb 27,

$8,200 porche

9.395

8,500 19

Patna, Old............ 9,800

Benares, New

9.050

Benares, Old......... 8,025

TO-DAY'S SHARE REPORT.

A-SELLERS JA-SALES B-BUYERS.

STOCK & PAID OF VALUE.

BANKS.

Hongkong & S'hai $125

LONG

Q'TION

M

$8124 b.

£82

$50 323

£5 T139 b,

MARINE INSURANCES, Cantone

North China

Unions

$100 1845 sa.

N-NOMINAL

LAY DAVIDAND AND LATE-

£2 & 5/- b. at ex 1/1 1 3/16 |

equal to $23.29 for

vear ending 31/12/13

$18 for 19:2.

Final of 1 p.o, making

20 p.c. for 1912.

Final of $20 making $50

for 1911 and Interim of $30 for 1912 Final of $12 mak.815 for

1911 & Int, of $3 for 1912 )

*$*0 for 1911

Yangtzes

£50 $200

b.

FIRE INSURANCES;

China Fires Hongkong Fires

ON. FIXED DEPOSITS. For 3 months. 2 per cont per

Aneum.

$20 $157 $50 $395 SHIPPING. China & Manilas $25 $81 Douglas Steamship 850 $34 Steamboats $15 $283

8.

$27 for 1911

b.

$1 for 1906

b.

Indo-Chinas

(Preferred) (Deferred)

£5 674

Annum.

102/-, b.

(£11 b.

$10 648

b.

REFINERIES:

$100 $95 $100 $31,

b.

$3 for 1912

$3 for 1897

#

MINING.

Deposits received for fixed periods at rates to be For 6 months. 3 per cent. per obtained un application.

Hongkong, 30th Sept., 1913. [18 EISHI ONO, Manager,

THE CHARTERED BANK OF

INDIA, AUSTRALIA AND

MINA

Vi

Incorporated by Royal Charter 1859.

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

Annum,

N.J.STABB. Chief Manager HONGKONG SAVINGS BANK THE Business of the above Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION. Rules may be obtained on ap-

tion.

EST on deposite is "al- nimum monthly

^nt, per an

plio.

INTER

Paid-up Capital £1,200,000 lowed on the n

BAD OFFICE-LONDON. Reserve Fund.....£1,700,000 balances at 83 Per L Reserve Liability of

Proprietoa......£1,200,000!

acm

Depositöra may transfer at the option balances of $100 or more

"Star Ferry

China Sugars. Luzon Sugars

Chinese Engineerings £140/- Tronche

21 31/6 Raubs

£1 $3 DOCKS, WHARVEI, a (ĮDOWNE

b.

Kowloon Wharfs $50 185 b.

7.&W'pos Docks 850 ||175

~anks T. 100 : 50

. 100

6.

T.100 8.

FOREIGN EXCHANGE and to the Hongkong and Shanghai Shanghai General Banking business trane Bank to be placed on FIXED Hongkow Wharts...

DEPOSIT 4 Per Cent, por

acted.

for the first 10 months of 1912. themselves took

Exports to Japan show for the (£9,120,750) of the securities 10 months a gain of $2,700,000, issued, or 12 2 per cent., a and importe from Japan, which against $37,735,182 (27,547,036), have now reached a total of $78. or 13.82 per cent., in 1912. Of 000,000, show a gain of $8,000, the total bond issues for 1913 000. The volume of exports to Government bonds represent British India still shows a slight $53,068,550 (810,603,310) muni decrease over last year, though cipal $115,701,925 £23,152,38, the importe have attained the railway $108,520,044 (£21,705,- total of 897,000,000 against $79,609), public service corporatio as Hongkong. 2nd March, 1914. 000,000, for the 10 months of $26,574,479(25,314,898), miso all. 1912. Exports to the Philippine aneous corporations $47,477,,631 Islands are $2,700,000 over (49,405,520), and Canadian cor those of last year,

China has resumed ite primacy countries $22,386,660 (54,477,- porations operating in foreign as a market for cotton piece goods 332). by taking for the ten months aloze upon soven millions worth against a little over four millions for the same period of last year. The Philippine market took up to the end of October cotton clothe from this side valued at $4,852, 731. For all Aasis the exports for ten months reached the sum of $100,651,052, against $06;136, The Stanhope Gold Medal of 337 in 1912 and $76,506,462 in the Royal Humane Society, for 1911. This gratifying progress the most deserving cass is shared by Oceania, which al-bravery during the year, was together independently of the awarded to Commander Wilfred Philippines, found a market for Tomkinson, RN., for a gallant Dearly $44,000 of American attempt to save the life of Will exports in the first ten months of iam R. Ball, A.B.. who whe the present year.

washed overboard from sub- marino B 4 of Bigbury Bay. Chinese language are requested Those who intend learning the Devon, on November 20 last, into write c/o "Hongkong Tele- in the Indian yarn market raced at full speed to the Hollywood Road, Lat floor.

a heavy sea. The destroyer Wolf graph" office or direct to 37 THE there was practically no business place, and as the at Shanghai last week worth helpless Commander Tomkin-

Hongkong, 29th Jan., 1912. mentioning. Small lots abanged son plunged into the sand. hands among middlemen. Al- brought him, close though the situation in Osaka vesal. A lifebuoy was thrown has improved, the local Japanese and caught, but broke, and they yarn, market has remained dall, were again thrown into the sea. with very small business doing. At great risk Commander Tor- Prices are reported to have kinson continued his efforts until improved in Osaka owing to the ali hope of saving the seaman faut of "bears" having had had gone..

Yard/

7

to cover short sales.

In the local mill yaro market

business was of very small pro-

Insa

of

W18

ture,

R. LI HON FAN, a Chineseed and FIXED DEPOSITS re

CURRENT ACCOUNTS graduate versed in litera

ород- European officials and merchants at rates which will be quoted on has been a teacher to ceived for 1 year or shorter periode in this Colony for over ten years.

application. ing Europeans to pass in the He has a good method of train-

A.S. HEWETT, Chinese examination, andis Hongkong, 11th April, 1912. [22 Aoting Manager. possessed of a first rate certificate

also a good knowledge of Manda- as a Chinese teacher. He has tin and Hakka.

EUROPEAN AGENCY.

Notices

CHINA PROVIDENT LOAN, AND MORTGAGE CO., LTD. (Capital Pald up...$1,250,000.) to the WHOLESALE buying agen-perty, &c.

Loans on Mortgage of House Pro- British and Continental goods, Advances made on Merchandise; cies undertaken for all Goods received on Storage. including-

Chemical Books and Stationery,

Loans made on the Provident

Sundries

Boots, Shoes and Leather,

Bystem. and

(Rates and Particulare on ap-

plication). China Earthenwals and Glass TRUSTEE, EXECUTOR

The Office of Ware,

Cycles, Motor Cars and Ac

WILLS, ATTORNEY, &o, deseories,

Undertaken and Executed.

SHEWAN, TOMES & Co. General Managers. Hongkong, 19th March, 19083

Druggists'

portions. A few transactions are Public Companies Drapery Millinery and Piece

reported on the basis of the fol- lowing prices: No. 16. (heavy) at Tla: 104/100); No. 148. Bt. Tls, 101.

Piece Goods. The market was dull in the

North last week both as regards

clearances and new business.

Quantities were reduced at all the auctions. The tendency at the Ewo and Kang Ping was on the whole towards lower prices. The

UNION INSURANCE SOCIETY OF CANTON, LID NOTICE.

FROM this date or until further

notice during my temporary absence from the Colony, Mr. C.HP. HAY will act as Secretary of the Society.

By Order of the Board.

C. MONTAGUE EDE, Secretary.

position was practically one of Hongkong, 2ad March, 1914. weakness at the Laen Fong. Of

Blightly lower prices, mexicans CHINA

grey goods, shirtings fotobed

and shootings were steady, and

cices. Of white goods, high and

jeans fetobedelightly higher

TRADERS' INSUR- ANCE CO. LTD.

NOTICE.

me lium grades of shirtings were FROM this date or until further

weak and low grades firm, jeans

notice during my temporary

and means were slightly lower absence from the Colony, Mr.

and sheeting steady. There were

CH.P. HAY will not as Secretary rather bezvy drops in black of the Company,

Italians and Valisus Turkey "reds were irregular, camlets wore

wer and lastinga ste

By Order of the Board.

C. MONTAGUE EDE, Secretary. Hongkong, 2nd March, 1914.

Goods,

Fanoy Goods and Perfumery. Hardware, Machinery and Metals,

Jewellery, Plate and Watches, Photographic & Optical Goods, Provisions and Oilmen's Stores, etc., etc.. Commission 2% to 5%. Trade Discounts allowed." special Quotations on Demand, Samole Cases from £10 upwards. Consignments of Produce bold on Account.

WILLIAM WILSON & SONS

(Established 18141.

25, ABOHURCH LANE, LONDON, E.G. Cable Addrena; "Annuaire, tendon.

MARTIN'S APIOLASTEKL

Kon? 1LS:

AFrench Xamedy hop all Isragelapkins, Toomande of Ledus siways keep a "Martin's Fils li

at of the hores, as t

•Insgelarity of the Hisaly does may be abandamere: Too sho

thetre

MARTIN'S APIOL STEEL SZOPILLS

annum.

hai. Banking Corporation,

For the Hongkong and Shang- N.J. STABB, Chief Manager. DEUTSCH ASIATISCHE

W

Capital Fully

BANK.

Paid-up...Sh. Taels 7,500,00 Head Office-Shanghai. Board of Directors-Berlin. Branches:

ge Anglo French Lands T.100 T.94 `LANDS, FOTELS & BUILDINGLį

Hongkong Hotels $50

$123 Hongkong Lands $100 Humphreys Estates $10 Kowloon Lands

b.

$112

1881

$30

$44

b.

Shanghai Lands T. 30 West Points $50 Manila M'pole Hotel P.10 P. 8

COTTON MILLS

T. 98

1967

T. 50 T. 134

T. 129

Berlin Calcutta Canton Hamburg Hankow Kobe Peking Singapore Tientain Tainanfu Tsingtau Yokohams. Ewos

LONDON BANKERS: Messrs. N. M. Rothschil & Bons, Shanghai Cottons The Union of London and Smith's Bank, Limited. Deutsche Bank (Berlin), London | Kung Yik

Laou Kung Mow

Agency.

schaft.

Dresdner Bank

Direction der Disconto Gesell Hongkong Cottone $10. 88 96 1121

MISCELLANEOUS. China-Borneos.. -$12 $11 Light and Powers 6101 DEPOSITS received China Providents

Do. (Spec. shares) $1544

INTEREST allowed on Current Account.

on terms which may be learned Dairy Farme Or on application: Every description Green Islands

PEAK TRAMWAY CO. LIMITED, TIME TABLE.

..

• WEEK DAYS.

.1.00 am, to· 1.00 4. Eyusu 24 Mani 100 4.10-10.00 AM

T 10 MIN.

10.00 4.54 $2.00

2.

15 ALIN,

113 to $.43

Tes F. to

"

TO MIN.

15. to

2.15. F.MI

10 Ma

23 Mark

NIGHT CARS

156 pm; and $ 2.M; 9:39 PM, to

12.00 PM every half konn --

„11:00 7M-30° KRAJ PM;,

EVOVY QUATIKY Of Raŭbons,

JUNDAYS.

2.00 2.6 10 10.30 am." Eriky ig Mind:

• 2030, AJL to 1.00 AM LAN

11:43 A., 10% 11.00 Now!,... 13.00 Nov to 1,00 1

1,00 2.58 to 1.00 Ft

11:00

#

to M

T HIK

to 1

By Ma

xd Min

am to 1:00 PM. 7:00 M, to --L.$OP.M., M

NIGHT CARS sa on Wock Daysi -

31 "JURDAY: SANA

Extra: Cóls" me' 187 midnight, SPECIAL CARS

Ky Arrangement atthe Company's 198

́Alarandra, Puliding."

of Banking and Exchange busi-Hongkong Blectrics $10 844 ness transacted

R. TIMMERSCHEIDT Hongkong Icee

Hongkong Ropes

Manager." Hongkong, 9th Oct., 1911.

12 Langkats

THE MERCANTILE BANK OF Morning Post

INDIA, LIMITED."

$1 on 10,000

2nd

$2.50 for year end'g30'6'13 Final of 81 for half-

year ending 31′12′13 ♫ (6.p.c. for year 1912 on

preferred shares

Interim of 1/- making 2 for 1913 Coupen No, 21.

$2 on 10,000 shares ist issue

# on 10,000

#1

for year ending 304'13

Interim of 35 p.c. 8 3/5d per

share, Coupon No. 1 ac- count year 30.6.12

Int. of 1/6 mak. 6/6 a/c. 191 1/2 for 1909

$4.50 for year 1912.

fot]

$1 final dividend for

year 1911...

Tis. 8 for 1912

Interim of Tls 3 for 1913

Ts. 6-29'2'10:

$7 on old shares, $8,50)

an new shares for

ending

year .

8316 for 12 y

31 12.13

50 cents for 1913 $2.80 for 1913"

Interim of 5 p.o. for

year ending 30°6′13 $2,25 | for year ending 31.12-13.

15 per cent. for 1910

Tis, 15 for year ending

31°10′13

Tls. 10 for year end-

ing 30'6'13)

T. 12 for year ond'g 31'1213

Tls. 1 for year ending

33°11'13

88.

50 cents 31.7.08

85 cents for 1912

70 cents for 1912-

$1.80 for year end'g 31*713

$1.60 per bare for 1919

$10 $9

6.

$6 $30

b.

$10 $6.30

bi

40 cents for 1911

8.

$25 $1853 s.

82 interim for 1913-

$10 $23

5.

$1 interim for 1919.

g. 10 T57) b

$25 620 $10

$10 8 & b.

$193 ote

Peak Tramway Do..(new)

Pald Up, gal areas" Reserved Fund

*** 1,125,000

562,500 Philippines $15,000 H. Price & Co., Ld $10 $6 $105

Pre-

Authorized Japital £1,500,000 Hongkong Electric Trama 8/- Subscribed:"#

BANKERS

Bank of England. London Joint Stock Baur, Limited.

Bobiote des ferred

Pulpenet 350 $20 Papiertellen paid

dia Tayikin up $50.

Benefit $200

Shanghai Sumatras T. 20,T.150

Interest allowed on Current Ac. Steam Laundry, counts at 2 percent per annum United Asbestos

on Daily Balasoo and on Fixed Oriental Agency, › $10 $914 b. Deposita at rates which may be d ascertained on application.

(Interim of Tls. 1' mak

ing Tis. & alo 1913 None A

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

Interim of lad. per share

for 1918. None

$1.50 for 1910

None

No dividend this year

60 cts. for year end g 31.5.12:

(20 per cent, por ordinary share for year ended 31*5:1912

$1.25 per share for yearl

$10

$20

· ending 31°131919

$10

United Asbestos? AL. LINTON

Founders Share $10 [$300 Manager Union Waterboat

Weismann, Ltd. Watson William Fowell

THE ALEXANDRA CAFE A Cannot be Beaten, if Equalled For Bread, Cakes, Confectionery meals with Wines & Liquons

Cointed to lego mm. 35a7, 5.30

25 per cent. for year

ending 31711

60 cents for 1918

40 ste. year ending 6'10'17,

GHT AND HORNBY ANTE

General Bries 6: De Vosur Road Cantra' addreis Reclinda

The Talegsaw does not sold Ustif engopsihig for say of them MÄDTE MUDOMÁSUN