1914-06-22 — Page 12

Commercial.

Commercial and Produce Markets.

The Home Bank rate remains unchanged at 3 per cent.

of May 29,

The Synthetic Scare.

THE HONGKONG TELEGRAPH, MONDAY, JUNE 22, 1914.

Public Companies

HONGKONG ICE COMPANY,

No

'LTD.

the 4th day of June, 1914, will be Meeting of the Company held on submitted for confirmation as Special Resolutions:

1..That it is expedient to acquire and purchase the business property and good will of the Oriental Ice Syndicate and that the Provisional

Agreements

Banks

INTER SATJOWAIZ, BANKING.

CORPORATION.

Had Odice :-60, Will Street, New York Locion Office, Bisbepuguze, E,C.

BRANCHES :---

Bombay

Calcutta

Canto

Cobu

Coles Empire Hoarkant Heshow

Captui and Surplu

Banks

T/T.

ONGKONG & SHANGHAI Domand

BANKING CORPORA-30 die is:**

..$15,000,000 | T/T Shanghai siri

H

TION,

Paid-up Capital

Kobe

Manila

RESERVE FUNDS:

Marko

Sterling.

Panama

Paking

£1,500,000 at 2!--*

San Franciaor

"

Shanghal

Yokobama+

$15,000,000

Gold $7,500,000

acted EVERY DESCRIPTION OF BANKING BUSI CURRENT ACCOUNTS opened on the wa terms.

DEPOSITS RECEIVED Szed for one year ni 42 per meum, ar for shorter pericula, at rates, which

BILLI NEGOTIATED and COLLECTED.

on all the principal cities in the World.

MAIL 4 TELEGRAPHIC REMITTANCR LETTERS OF CREDIT ad. DRAFTS grated

THE BANK'S CIRCULAR LETTERS OF CREDIT are avaliable all over the World.

COMMERCIAL LETTERS OF CREDIT Larned

-PURCHASE and SALE of Stocks an Sharay

cond GRAVELLERS CHICKS old and cashed.

GEORGE HOOG. Manager: Queen's Road, Hongkong Hongkong, Lat Nov. 1912

Messra: W. J. and B. Thomp son make the following remarks in their London circular of May 29Synthetic rabber continues NOTICE TO SHAREHOLDERS to be talked about, and whereas . The Open market rate for abort

OTICE IS HEREBY GIVEN we have no very definite pro- loana ia 21 per cent., and dis-nouncement as to its origin and ARY GENERAL MEETING that an EXTRAORDIN- count of four months' Bank bille method of production, we have of the HONGKONG IOE COM-“ 2 to 2 15-10 per cent. In the the assurances of well-known PANY LIMITED, will be held absence of any support the Silver chemists that under analysis this at the Offices of Messrs. JARDINE, Market has receded, bare being product shows the exact chemical MATHESON & Co., LIMITED, No. now quoted 20 3-18d. per oz. constituents and physical pro-16, Pedder Street, Victoria, in the The Rubber Share market re-perties of Beven rubber. DAY, the 23rd June, 1914, at 11

Colony of Hongkong, on TUES-HESS maine in a very neglected and await evidence as to the origin o'clock B.m., when the Subjoined disappointing condition. The of production and cost. The view Resolutions which were passed at curtained on applicatio directors of the Royal Dutch of L'Infustrie Chimique regarding the Extraordinary Petroleum Company have declar-

General ed a final dividend for the year be said that the synthesis of synthetic rubber 18" It may 1913 of 33 per cent. At the rubber is still in the laboratory annual meeting of Brunner Mond and Co., Limited, the chairman stage, and that it will stay there until isoprene can be got cheaply, said that the statements which for it may be laid down that the had been made as to the acquisi- real orax of the matter is in tion of a soup business in Shang- finding au easy supply of hai were very highly embellished. They had not yet completed pondent of the Financial Times isoprene." The Manchester corres-

arrangements,

In the China Ten market a fair reports a rubber works obemist informs him his department, after business is passing at steady a careful examination of the rotos. ugar closes steady, after much-discussed samples of the being easier. In Coffee there has latest make of "synthetic" rabber, been a small business at steady which has been in rather in prices. Both Singapore Pepper dustrious circulation among the and White Pepper are

trade, considers that "reclaimed quiet, but frmer.

Rice conrubber" would be a more cor- indes dall. The market for rect description of the article Manila Hemp is quiet, but prices sampled.. While the obomist are steady. Plantation Rabber mentioned considers that in the sbowe little change, First Later Crepe being quoted at 2, 31d. Pose of the manufacture of the article now offered under a regis- per lb., and Smoked Sheet 28. tered name (Paves), there is a syn- 4d. per lb. Tine Hard Pera is

artificial substance 2 10d. per lb. Straits Tin is £145 to £145 10. for cash, and 4147 to 147 10s. for three monthe."

Japanese Canned Goods:

A Stricture on Export. Japan is fast becoming a great producer of canned goode. Crabe canned in Japan are exported to

thetic

or

•

tuberous

Holland

employed (evidently produced from cellulose, plus some vegetable compound), the main partion of that raw commodity. consiste of reclaimed rubber. Another report is that the product of genuine tree rabber, presum contains considerable percentago the United States, England, aby plantation, and that the France, Germany and China. Atchanical mixture than the product whole suggests rather a ms. present the shipments to the

of synthesis. From United States are larger than to

come further suggestions, for the any other country. The export Gazelle de Hollande statee the of canned crabs was commenced several years ago and in 1010 the official Gazette announces the establishment of the Olie shipments were first recorded in:

Caoutchouc Mij, (Oil Rubber the statistics published by the Yokohama Custums. The ship described as

Company), whose object is "the acquiring, ments from Japan during the past three years ending 1912 exploitation and disposal of the wore:-For 1910, 201.737 dozen rights of an ioventica for the tins, valued at Y731,716: for making of un elastic stuff resom- 1911, 265,186 dozen tine, vained bling rubber." This is not the at 1037,692, and 401.502 dozen 1912 a beginning was made at first attempt in Holland, for in ting, valued at Y1,884,701, for Ymuiden with the construction of 1912. The following are the shipments from the three princi-Industrial Company of which Mr. afnotory for the Chemical pal ports: -

Th. G. Dentz van Schaick is Quantity Value.

Dozen.

managing director. Fresh sea- Y. 1910 105,075 715,404 8h was to be the raw material: 1911 250,702 888,010 used. To this, however, 15 to 1012 343,116 1,178 387 16 per cent. of the natural rubber was to be added, and thus by 1,638

means of a scoret proGEBY & 1911 12,506, 43.798 1912 57,128 207, 68 subince was to be obtained 1010 2,811.

8.041 entirely similar to rubber in 1011 1,602 4,708 elasticity, yet, much cheaper in price. The difference in price was estimated at 1: 8. The

Yoko

hima,

Kobe.

it

Osaka.

1010 2,751

1912 1,200

5,331

The demand for the commodity factory has been erected at is yearly increasing, and now Ymuiden, but nothing of the real eroande the supply. Complainte are still heard, however, sa to the matter in band has since been method of packing, etc., Ac-heard. Now comes the Nether

lands" Oil Rubber Company, of companied by the growing

Amsterdam, undertaking activity in the export of canned goode it has been discovered which likewise reckons fr. G. that some canners have indulged founders. It may perhaps be Denta van Schaick amongst its in carelera and excessive manu- facture. With a view to remedy- concluded, therefore, that the two ing this abuse the Department of concerns will eventually turn out Agriculture and Commerce urged to be related to one another.

the Canners' Guilds în Tokyo,

Yokohama, Kobe and Osaka to

establish an inspecting office,

Manchester Goods.

*May 22.

Messra R, Haworth and Co.

for the purpose submitted to this meeting dated the 25th March, 1914, and made between The Procureur Goneral in Hongkong of the Society of the Missions Etrangeres of the one part and this Company of the other part and dated the 5th day of March, 1914, and made between.. the Honourable Sir CATCHICK PAUL CHATER, Knight, C.M.G., JOSEPH WHITTLE- SEY NOBLE, ANTONIO BARRETTO und ARRATOON VERTANNES, APCAR of the one part and the Company of the other part be and the same are hereby approved and ratified and that the. General Managers of the and they Company be

THE

YOKOHAMA SPECIE BANK

LIMITED,

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

18,900,000

11

Head Office.-YOKOHAMA,

Branches Aatung-Hsien

Hubay

Calcutta

Changchun

Italcas

Feugtien

Marin

Blank

Kobe

Lada

Liu Yang

Lyons

Tilugrau

Agencies at Nagasaki

Nowchwans New York ÜLANE

Pekin

Ryolun (Purt Arthurj

Sia Francisco

Shanghai

Tianling

Tient in

Tokyo

Lop Augalos Tslugta

Interest Allowed vaCurrent Account, Deposits recived for Ezed periods at rates to be haired applicativi.

hereby are authorised and requested to carry the same into effect with full power to assent to any modifi- -cation in the said Agree THE CHARTERED BANK OF ment which they

EISHIONO, Manager, Hongkong, 6th April, 1913, [18

think

expedient in the interests

of the Company.

2. That the Capital of the Company to increased from $125,000 (divided into 5,000 shares of $25 each) to $.62,500 (divided into 6,500 shares of $25 dach) by the

creation of 1,500 shares of $25 each.

new

3. That the said 1,500 new shares be pursuant to first mentioned

the

INDIA, AUSTRALIA, AND OHINA.

Incorporated by Royal

Charter 1853. ***

Silver ...$17,650,000

$32,650,000

Reserve Liability of

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

COURT OF DIRECTORS. Hon. Mr. D. Landale, Chairman. W. L. Fattenden, Esq.-. Deputy

Chairman.

!!

S.H. Dodwell, Esq. G. T. M. Edkins, Esq.. O, 8. Gubbay, Esq.

P. H. Holyoak, Esq.

C. Landgraf, Esq.

-F. Lieb, Esq.

J. A. Plummer, Esq. Hon. Mr. E. Shellim. H. A. Sioba, Esq. Ad. Widmann, Esq.

CHIEF MANAGER: Hongkong-N. J. Biabh

ACTING MANAGER. Shanghai-J. D. Smart. 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.

ON FIXED DEPOSITS. For 3 months. 24 per cent. per

annum.

For 6 months. 3 per cent. pe.

annum.

For 12 months, 4 per cent. per

annum,

A. G. STEPHEN, Acting Chief Manager,

HONGKONG SAVINGS BANK

THE

HE Business of the above Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION

Rules may be obtained on sp

60 dia............................ 4 m/

.1/1034 On Haiphongom

Oa.Saigon...

#Exchange

Belling

T/T. Marks .....

1931

.1/1096

Demand Germany

...194

..1/10 11/16 T/T. Franc..

2.37+

1/10

.nom

1/10 13/16 On Bangkok..

-8144

......74 1/4

Buying

Private 30 dia sight

T/T Singapore...

T/T Japan

Shai 7516

81 .92%

4 m/s. L/C

....1/11 1/16

.1/11-1/4

T/T India

TTE mbay....

Demand Bombay T/T Caloutta Demand Calcutte Demand India Demand Manila

4 m/s, UP...........3/13/16 6 m/s. L/O

1414 30d/.S'noy & MelbouruelЛ115/16 1414 30 d/s.San Fes & New Yo k 46% .141364 m/s. Marks

... 141 14j 4 m/s. Francs......

14134:16 un/a.

.1.98

.8.4834

GO

2.4474

141 BarBilver. ready .926

forward

..25 13/16

.2536

55.10

3%

T/T. San F'cu & New York 46 Gold Leaf pertael Demand, New York 46 1/8 | Bank of England rate T/T. Java

| Sovereign

Subsidiary Coins. Discount per $100 : «

.114

Oplum Quotations.

Malwa, New

Chinese...20 cts.pieces $10 7/8

%

Malwa, Old

$8,200 per p

8,300

Chinese...10

$11 13/16

Patna, Now...

9,325 por obe

Hongkong.20

$ 91/4

Patna, Old.

9,200

Benares, New-

0,050

Hongkong.10

$9.7/8

Bonäres, Old........ 8.925

N-NOMINAL

TO-DAY'S SHARE REPORT.

S-SELLERS SA-SALKS B-BUYERS

Stocks & PAID UF YALUX. BANKS.

MARINE INSURANCES, Cantons

CLOSING UTION

$815 BB.

Hongkong & S'hai $125 <

£84

North China

• $50 310

£5 T140

Unions

$100

Yangtzes

FIRE INSURANCES.

China Fires

Hongkong Fires

$780 BL..

£50 $194

$152 b

$20 $50 $3874 b. SHIPPING, China & Manilas

$25 $8 S. Douglas Steamship 850 830 Steamboats Indo-Chinas

(Proferred) (Deferred)

"Star Forry".

b.

$15 $26 b.

'S

LAST DIVIDEND AND PATE

י

£2 & 5/b. at ox 1/13/16]

equal to $23.29 for Fear ending 31/17/13°

Final of $3 ajo 1912, In-

torim of 18 a/c 1013 f Final of 1 p.o. making pc. for 1912 Final of $20 making $50 for 1912 and Interim of $30 for 1913 Final of $12 mak. $15 fort 192 & Int. of$3 for 1913 Í

$10 for 1912

€27. for 1912

$1 for 1906

$2.50 for yonrond'g306*13 Final of $1 for half) year ending 31°12′13 f3 % Interim ufo year.

on preferred

1913

shares

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

$1.70 per share and bonus of 30 cents per share for

}

25 864

103/9

3.

"

Shell" Transports £1.

£11

·{$10 $46

·REFINERIES,

$100 $79

$3 for 1912

$100 $28

8.

$3 for 1897

b

EL 29/- 21 89

DOCKS, WHARVES, & GODOWNS.

China Sugars Luzon Sugars

HEAD OFFICE-LONDON. aid-up Capital £1,200,000 plication. Reserve Fund....... ..... £1,800,000 INTEREST on deposits is al- Reserve Liability of

lowed on the minimum monthly Chinese Engineerings £138/-" Proprietors £1,200,000 balances at $3 per cout, per an-

0.1X.

MINING

Tronohe FOREIGN EXCHANGE and

Depositors may transfer at their Raubs Agreement in Resolution General Banking business trans- option balances of $100 or more 1 allotted as shares, fully acted,

to the Hongkong and Shanghai | Kowloon Wharfe $50 €82 b. puia up to the said Pro-ed and FIXED DEPOSITS re- DEPOSIT at 4 per cent. per

CURRENT ACCOUNTS open- Bank to be placed on FIXED H.K.&W'poa Docks $50 { $62 oureur General in Hong- kong of the Society of the eived for 1 year or shorter periods annum Missions Etrangeres in at rates which will be quoted on

For the Hongkong and Shang- application. consideration of the trans-

hai Banking Corporation,

A G. STEPHEN, fer to the Company of the

Manager. property business

Acting Chief Manager. goodwill referred to in the Hongkong, 11th April, 1912.

DEUTSCH ASIATISCHE

and

said Agreement and upon

the footing as be dividend. provided for in the said Agreement

Wm. DIOKSON.

Notices

I 2

4. That the now Articlos al- THE CHINA PROVIDENT

ready approved by this

Meeting and for the pur-

pose of identification subscribed by the Chuir-

LOAN AND MORTGAGE

'CO., LTD.

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

man thereof, be and the Loans on Mortgage of House Pro- same are hereby approved perty, &o.

and that such regulations Goods received on Storage, a be and they are horoby Advances made on Merchandise: adopted as the Articles of Loans made on the Provident the Company to the ex- System. elusion of and in substitu- (Rates and Particulars on ap- tion for all the existing: plication).

Articles thereof. Dated this 5th day of June,

1914.

JARDINE, MATHESON

& Co., Ltd. General Managers,

Notices

NOTHE

REDUCTION IN PRICE OF GAS.

The Office of TRUSTEE, EXECUTOR OF WILLS, ATTORNEY, &c., Undertaken and Executed.

SHEWAN, TOMES & Co. General Managers. Hongkong, 19th March, 1908

EAK TRAMWAY CO. PEAK

LIMITED...

TIME TABLE.

7.00, ca

WEEK DAYS.

-101 436, to, 10:49 AM. 10.00 - Re 12.00 A.M. ELJAR, TO 19.45 PM

E43 2.M. to

8.00 AM. Evray is MiN.

10 M

H

15 MIN.

13 Mix

10 MIN.

17: 10 35 Pinte ASS PM, to

- Fa

"

to Mine

5.00 FRO

9.30 16

NIGHT CARS.

"

zy MIM.

LG Min

16 13

100 i ny hall hours

vary quarter of an hour,

SUNDAYS 1.M. to TO-30. Every 13 MIN.

12,00 AM.

ra Br .00 Noar

نہیں

Capital Fully

BANK

Paid-up...Sh. Taols 7,500,000, Head Office-Shanghai.

⚫ Board of Directors-Berlin.

Branches: Berlin Caloutta Hamburg Hankow Peking

Cantop Kobe Singapore Tientsin Tsinanfu Tsingtau Yokohama. LONDON BANKERS: Messrs. N. M. Rothschil & Sons, The Union of London and Smith's Bank, Limited. Deutsche Bank (Berlin), London Agency. Direction der Disconto Gesell

I

schaft.

Dresdner Bank. INTEREST allowed on Current

Account. DEPOSITS received 3 on terme which may be learned on application. Every description of Banking and Exchange busi- ness transacted.

This has been done by the first three guilds and strict inspection has been enforced on all canned goods for export, As an outcome, state in their Weekly Market goods which failed to pass Report: American Cotton again inspection at the respective shows an advance, middling spot rices have naturally found their closing on 27th at 7·66d. per Ib.. way to Osaks where no uspeo The market is at present ex- tion office has been established tremely nervous, owing to the and have coumulated there bad weather advices from the awaiting xport through that port. other side, and the poor condition Considering that this not only of the crop on Texas. Spot Cot- THE Hongkong and China Gas nullifies the obje of inspection ton has been very quiet, and Company Ld. begs to inform bat also injures the credit of tende" calling"only ou a limited 1st. July next the price of Gas for the public that on and from the Japanese canners abroad, the calo, chiefly owing to the all purposes-lighting, heating. Department concerned has again proximity of the Whitius holi- cooking or power-WILL BE advised the Osaka

guild to daya Egyptians have been REDUCED to $2.00 per 1,000 speedily establish an inspecting stendy, and are fractionally cubic feet. office. On Friday, the 29th of harder on the week, "Good last month, the Osaka canners Brown closing on 27th at 9'90d. from samo date. met at the Guild and it was perib. A very fitm but inactive decided to establish an inspect market has to to recorded ing office in the Chaild on the 1st in regard to cloth. Inquiry of this month and at the same from India is still to be mot time they decided to prohibit the with, but as makers hold for Export of canned goods under a prices commensurate with the certain standard. As to the advanced cotton rates, little actual Dr. C. L. CHOW. TRON STEEL, METAL and HARD-

appointment of inspectors they businese has transpired. China, sked the authorities concerned owing to the continued stringency to appoint the man, and they are of financial conditions, remains expected af Osaka...... ehey! Kobe Herald

insotive.

All discounts will be withdrawn

By order of the Directors,

GEORGE CURRY,

Local Secretary. Hongkong, 21st May, 1914.

DENTAL Surgeon Ma/69, Queen's Road. Central, Hongkong.

10: A to

11.00 NOORLD 5,00 PM√

1.50 1.1 20

E

N

3.00 1.41

»

IM 9.9. to

10

6.00 7. 6.00 .M. to

7.00 7,0

Is MxM. To to 1.10 P

10 Ma NET CARS VÀ ĐÃ Hanh Do

SATURDAYS

Extra Caravan midnight.

SPECIAL CARS

By Arrangement at the Company's Offen, -'

Alexanden Belidlom,

Des Tous nod

SINGON & CO.

Established A. D. 1880.

WARE MERCHANTS. Wholesale

MAX GUTSCHKE Manager. [z Hongkong. 9th Oct., 1911.

THE MERCANTILE BANK OF

'INDIA, LIMITED.

Authorised Oapital. £1,500,000 Bubsoribed

Paid Up Reserve Fund

1,125,000 562,500 ....... 465,000

BANKERS: Bank of England. London Joint Stock Haug,

Limited.

LANDS, HOTELS & BUILININGE

Shanghai Docks T. 100 T.57) Hongkow WharfaT. 100 T. 90 Anglo French Lands T.100 T.94 Hongkong Hotels $50 $125 Hongkong Lands $100 $113 Humphreys Estatos $10674 Kowloon Lands. $30 $44

Shanghai Lande. T. 30

$50 West Points

Manila M'pole Hotel P.10 F. 8

b.

b.

T. 92.

$73

b.

COTTON MILLS.

T. 50 T. 127 T. 110

T. 81

T. LZ HO.

Ewos Shanghai Cottons

Laou Kung Mow Kung Yik Hongkong Cottone $10 675

$12.

$11

MISCELLANEOUS.

China-BornoOB

Light and Powers $10 8412

Do. (Spec, shares) $1} China Providents $10 $8 Dairy Farms

$6 $37 $10 $6 Green Islands Hongkong Electrics $10 $40 Hongkong Ices". $25 $200 Hongkong Ropes

$10 $24 Langkate

8-10 T. 49

$25 $26 $10 $0.

Morning Post Poak Tramway

3.

b.

b.

b.

b.

Do. (now) $1 (90 cts.. Hongkong Electric Trama 8/9 b. ex div.

$10 $5 Philippines

136. F. Price & Co., Ld. $10

Pro-

Societe des ferred

Pulpeset

Papierterios

dn Tonkin

$50 1 $20 paid

up $50

Benoit $200 Shanghai-Sumairas T. 20T.150. Interest allowed on Current Ac- | Steam Laundry $5 | 35 | counts at 2 per cent per annum United Asboutos) on Daily Balance and on Fixed Deposits at rates which may be ascertained 'on application.

BLA. R. LINTON

Manager.

and Retail Ironmongers, Pig Iron and THE ALEXANDRA CAFE Foundry Coke Importera. General Storet Cannot be Besten, if Equalled keepers and Shipohandiers, Nos. 35 an- For Bread, Cakes, Confectionery,

menle with Wince & Lonens

37, Hing Loong Strost, (2nd Berent, wed | of Cesicul Maxico)) Telephone No; 515. -

Oriental Agency, > 810 $936 b. I.......... United Asbestos?

$10 $300 Founders SharesƑ Union Waterboat $10 $19.

Walsmann, Ltd

$10 $30 Watson

$10 $7.30

year ouding 30'4'13

Interim of 5% Coupon No.

3 account of year end- ing 10.6.14.

Int.of 1/6 mak. 6/68/0.19:3

1/2 for 1909

$3.50 for year 1913

$3 for 1913

Tle, 3 for 1912

Interim of Tis 3 for 1913

Tle, 6 29'2'10

$7 on old shares, $3.50)

on new shares for

year 31°12′13

$314 for year ending

31 12.13

50 cents for 1913

$2.80 for 1913

Intorim of 5 p.c. for

year ending 30′′6′13 $2.25 】 for year 31.12.13

endingi

15 per cont. for 1910

Tis. 15 for year ending

31°10'13

Tls. 10 for year. and

ing 306-13

T. 12 foryaarand'g31°12′12 Tls. If for year ending}

30°11′13

50 cents 31.7.08.

$1.20 for 1913

70 cents for 1913

$1,30 for year ond'g 31'7′13

40 cents for 1917

$1.80 per share for 1913

$7 final making $9 for 1913TM

$2 for 1913

* Interim of Tle, 1 mak.

ing Tis. 2 n/o 1913 None

80 cents on fully paid)

shares and 8 cents on $1paidshares for year ending 30.4.14

Final of 6d, making 7jd. per share for 1913.

None

$1.50 for 1910

None

No dividond this year 50 cta. for year end'g 31,5.12

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

$1.25 por share for year? A ending 31*12*1913: 25 per cent for year

*** ending 31'711

70 cents for 1913 William Powell

50 cts. yearending 6.30.13 fracted to in-op, June, 1974 WRIGHT, AND HORNBY khám pod

General brokara D Yonex Road Cantral Tal address Ratitude,

· The "Telegraph" desa not hold itasif responsibis for any of the MDOVE CUMCALIDA