J
Commercial.
PUBLIC COMPANIES.
HONGKONG & SHANGHAI BANKING CORPORATION.
NOTICE OF ORDINARY AND
F
EXTRAORDINARY MEETINGS.
South African Trade. The President of the Cape Town Chamber of Commerce, in his address at the annual meeting, "stated that during the five years 1909-13 inclusive, South Africa had imported goods to the valua
OTICE IS HEREBY GIVEN of $188,000,000, whereas the
that the ORDINARY exports totalled £290,000,000, HALF-YEARLY MEETING of showing an excess of exports over the SHAREHOLDERS in this imports of £102,000,000. The Corporation will be held at the import of specie during this City Hall, Hongkong, on SATUR- period was only £5,358,000, from DAY, the 22nd day of August, which he contended that South 1914, at Noon, for the purpose of Africa had to pay £20,000,000 recolving the Report of the Court sterling in interest on money of Directors together with a "invested in the country and for Statement of Accounts to 30th freight and the like, while the June, 1914, and for the confirma country's indebtedness for ut tiun of the election of Directors. side capital amonated, in all probability to something like £400,000,000.
World's Silk Crop Prospects for 1914.
THE REGISTER OF SHARES of the Corporation will be CLOSED from MONDAY: the 10th August, to SATURDAY, the 2nd August, 1914, (both days inclusive) during which period H.B.M. Consul at Lyons, Mr.no transfer of Shares can be ERE. Vicars, reports that, registered. according to estimates published "by an important firm of silk merchants in Lyons, it is expeet ed that, in spite of the cold weather, the year's silk ro concluded
AND NOTICE is hereby also given that at the same place and on the same day at Noon or so soon afterwarde us the Ordinary Half-Yearly Meeting shall be Extraordinary
Resolutions
an
in France and Italy will be Meeting of the Shareholders in larger than that of 1913, which this Corporation will be held was poor in both countries. when the subjoined Resolutions Owing to cold and bad weather will be proposed us Extraordinary the Hungarian crop is expected to be considerably below the average, for the third year in A shortage is also succession. anticipated in Spain. As regarda Syria, the silk crop is expected to be poor in the plains but normal elsewhere, whilst at] Broussa it is expected to be better than last year's, which was much below the average: In Canton the crop is estimated at less than last year's, but in Shanghai the exports will pro bably be about the same as in 1913. The first crop in Japan is expected to be slightly larger than in 1913.
Coal Exports From Dairen.
122
at
И
(1) That the Directors of the
Hongkong
Shanghai and Banking Corporation be and they are hereby requested und au horised by and on be. half of the shareholders of the Company to take the steps necessry to apply for the introduction of an Or- dinance into the Legislative Council of the Colony of Hongkong supplemental to The Hongkong and Shanghai Bank Ordinance 1866, and the enactment of the samo by the Governor of Hong- kong with the advice and 'consent of the Legislative Council thereof to effect the Amendment of Section 20 of The Hongkong and Shanghai Bank Ordinance 1866, here- after set out with such modifications (if any) as they may think fit and to accept such Ordinance if and when Anucted..
THE HONGKONG
TELEGRAPH, TUESDAY, AUGUST 4, 1915,
ARTIOLE 4 76,—— Oeneral Meetings shall be held once in every year, at such time and place in the Colony as may be prescribed by the Company in "General Mosting and if no such |" time or placeis prescribed, then | "at auch time and place as
may be determined by the |" Court, and unless, and until "otherwise prescribed or detor- mined as aforesaid a Geri- " oral Meeting shall be held in the month of February in overy your.
+4
ARTICLE 77." The General Meetings mentioned in the last preceding Article shall be called “Ordinary Meetings.**
ARTICLE 78" All "General Meetings shall
called Extraordinary Meet
ings,
VASSA BANKS, IZN
NIER JATHINAL BANKING
CORPORATION
Head Oficach Wall Street, New York" Landos Ofics;wyć, Bishopsgas, K.C.
BRANCHES :----
Bombay Calcutta Canto Cebu
Calon
Empire
Kabe
·Manila
Mexico
Panama
Pahing
Jam Frasctaco Shanbal Yokohama
Hooghang Hackow Cephaland Surplus.............Gold $7,350,000
EVERY DESCRIPTION OF BANKING BUSI NESS neted,
CURRENT ACCOUNTS opened on DEPOSITS RECEIVED, 5xed in ma ́paar st may be scared on explication.
+X per annum, or for shorter periods, at rates, which
BILLS NEGOTIATED and COLLECTED. MAIL, 360 TELEGRAPHIC REMITTANCES other
ETTER OF CREDIT and DRAFTS granted ball the principal cities in the Wasid
THE BANI'S CIRCULAR LETTERS OF CREDIT avaliable all over the Werbl
DOMMERCIAL LETTERS OF CREDIT „PURCHASE and BALF of Stocks un Abaren
TRAVELLERY CHECKS sold and capted.
(e) That Article 90 be. altered by inserting and adopting after the word "holding" in line five thereof the words "or representing by proxy and by striking out at the end of thesaid Article the words "present in person." (0) That
„BEORGE KO40,
Manager. Queen's Road," Hongkong Hongkong, 1st Nov. 1912
THE
the following YOKOHAMA SPECIE BANK
word beaded to Article'
94: The Court may
from time to time pay
14
to
LIMITED
Established 1880.
the Shareholders Authorised Capital Yen 48,000,000 such interim dividends Paid-up Capital
as appear to be just-Reserve Fund ....... "ifled by the position of
the Company" That
the following words be struck out of the first three and a half lines of Article 174, namely, the words "Half-
year ending the 30th "June and the 31st. "December, shall make a general Half-Yearly." and that the following words be adopted and substituted therefor "Year onding the 31st day of December shall make u General." th) That the word "Half" be struck out of the 18th line of Article 174 and also out of the 8th line of Article 175.
L
(i) That the word,“twice"
and the words
Directors.
A. G, STEPHEN, Acting Chief Manage Hongkong 21st July, 1913.
TION Company Limited.
Dividend Warrants dated Lon- don, 15th June, 1914, may be bad or deal with any security now on application at the Offices of held or which may hereafter be the undersigned.
JARDINE, MATHESON &40. TD. General Managers,
held by the Company, for any
monies owing or to become
11
30,000,000
IT
18,900,000
Head Office.-YOKOHAMA.
Agencies at Nagasak
Newchwank New York Danka
Paki
Hyoins (Peel
Arthur)
Bratches
Astung dalan
Bosby
Calcutt
hangchu Dairan Fangtieu Harbin
Sap Francisco
Shanghai
Tickling
Kloutsia
Takya
Los Angeles Itieglau
Kobe 'Liao-Yang
Lond n Lyona Taingizu
Interest Allowed os Current Account. Depoats received far fixed paríode at rates to be falted on application.
F/T
BANKS
HONGKONG & SHANGHAI Demand 1
BANKING CORPORA-30 da
60 die.... & m/s
()
17436
13.
Belling
1/896 +18:7/16
EXCHANGE.
T/T, Marka 4**** Demand Germany
T/T. Franon
On Haiphong
TION.
On Saigon.**
1/8 5/8 /
On Bangkok ****
Paid-up Capital ......................#15,000,000
T/T Shanghai mnie 7431 Private 30 d/s sight S'haf 755k T/T Singapor! ************
Buying
4 m/s. LIC
1/9 98
73.
4 m/s. D'P
1/91/9
T/T Japan
.83
...1/9 3/4
T/T India
Demand India
T/T Bombay...
$32.850,000 Demand Bombay
T/T Caloutta
| RESERVE FUNDS;
Sterling
£1,500,000 at 2/-*-. $15,000,000 Silver ..$17,630,000
Reserve Liability
Demand Manila
Proprietors.......$15,000,000 Demand Calcutts
COURT OF DIREUTORS, Hon. Mr. D. Landale.-Chairman. T/T. San Fou & New York W. J. Pattenden, Esq.-- Deputy Demand, New York .....
¡Chairman,
TIT, Java
8. H. Dodwell, Esq. G. T. M. Edkins, Esq. 0.8. Gubbay, Esq," F. H. Holyoak, 'Esq."
U. Landgraf, Esq.
F. Lieb, Esq.
J. A. Plummer, Esq. Hon. Mr. E. Shellim. H. A. Siebs, Esq. • Ad. Widmann, Esq.
CHIEF MANAGER: Hongkong-N. J. Stabh
ACTING MANAGER. Shanghai-J. D. Smart. London Bankera-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 8 months. 2 per cent per
annum.
For 6 months... 31 per cent, pe
annuDE. **
For 12 months, 4 per cent, per
annuin,
A.G. STEPHEN. Acting Chief Manager.
EISHIONO, Manager. HONGKONG SAVINGS BANK Hongkong, 6th April, 1913.
6 m/s. L/O ...
-1274 30d/s.8'ney & Melbourne1,95/8
12730-d/a.San Fen & New York 42 1/2
•127}{} 4 in/a. Marks........
1272) 14 mfa. Franos ..........
1:83
...24
.1276 m/s. (QU
.2,38
BarSilver, ready
8314 | forward
415
Gold Leaf par tael
.63.40
4154
Bank of England rate
..10%
.1024
Sovereign
.11.65
Subsidiary Coina. Discount per $100:
Opium Quotations.
July 17
Malwa, New
Chinese..20 ats. pleces $ 8.13/16
Malwa, Old
-8,300
Chinese...10
$10
atna, New
.... 9,325 per che
Hongkong 20
Patna, Old
9,100
Benares, Now
9,050
Hongkong.10.
5-1/4
Benares, Old......... 8,825
.$8,300 per p
か
TO-DAY'S SHARE REPORT.
'S-SELLERS'
STOCKS & PAID OF VALDE
HANKS.
Hongkong & S'bai #125
SA-SALES ‚R-BUYERS)
Светио Q'TION
$852) s.
£84
MARINE INSURANCE", " Cantone North China
$50 $174 b. £5 T148 b.
$100 #755
b.
Uniode
Yangtazes.
China Fires.
£30 $194 FIRE INSURANCES;
$20 $155 Hongkong Fires $50 $398
SHIPPING. China & Manilas $25 $8 Douglas Steamship $50 $31 Steamboats Indo-Chinae
b.
$15 $27348.
(18
(Preferred) £5 $56 (Deferred)
TBank is conducted by the
HE Business, of, the above
**Shell" Transports £1.
1804
£11
$10 846
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
Incorporated by Royal Charter 1853,
of
Wm. DICKSON.
Manager,
HONGKONG AND SHANGHAI BANKING CORPORATION" Star Ferry
Rules may be obtained on ap plication.
INTEREST on deposita is al China Bugars 8100 877) lowed on the minimum monthly Luzon Sugara $100 $28 balances at $3 per cent. per an-
***
́ ́ ́À. G. STEPHEN, Acting Chief Manager.
Hongkong. 11th April, 1912. DEUTSCH ASIATISCHE
THE
NOTICES
CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...$1,250,000.)
Loans on Mortgage of House Pro- perty, &c.
Capital Fully
BANK.
Paid-up...Sh. Taela 7,500,000, Head Office. Shanghai, Board of Directors-Berlin. Branches: Berlin Calcutta Canton Hamburg Hankow Kobe Peking Singapore Tientsin Telnanfu Teingiau Yokohama.
!
LONDON BANKERS: Messrs. N. M. Rothschil & Sons. The Union of London and Smith's Bank, Limited. Deutsche Bank (Berlin), London #Agency, it is Direction der Disconto Gesell- schaft.
REFINERIES.
MINING
£1 26/3 £153 Raubs DOCKS, WHARVES, & GODOWNE Kowloon Wharfe $50$85 H.K. & W poa Docks 850 863 Shanghai Dooke T. 100 T. 55 b. Hongkew Wharfe T. 100 T. 91 b. LANDS, HOTELS & BUILDINGS SO Anglo French Lands T100 T.94 H'kong Central E'tes $100 $103 sai
A-བཏ༦ .-
Hongkong Hotels $50 $128 Hongkong Lands $100 $116;
b.
COTTON MILL.St,
T. 50 T. 137 T. 123
T. B
T.::121⁄4 b..
Humphreys Estates $10871 Kowloon Lands 330 $44 Shanghai Lauda T. 30 T. 92", b.
West Points
$50 171
Manila M'pole Hotel P.10 P. 8
EWOL Shanghai Cottons
Laou Kung Mow Kung Yik Hongkong Cottons $10-$234. China-Borneos $12 $11 Light and Powers $10) $4.90
Do. (8pec. shares) $1] China Providents $10 $81 Dairy Farms Green Islands $10 $6.60 b. Hongkong Electrice $10 843 Hongkong Ices. Hongkong Ropes Langkats
MA 1SCİLLANEOUS,
"the 30th day of June and The following information is
be struck out of lines 4 from the report by the Aeting
and 5f Article 176 and
HEAD OFFICE-LONDON. British Consul at Dairen, Mr. R.
that the word "once" be
..£1,200,000 ncm **! Boulter, on the trade of that port
adopted and substituted Paid-up Capital
£1,800,000 Depositors may transfer at their Chinese Engineeringe £137/6 in 1913-Exports of coal again
for the word "twice in Reserve Fund....
Reserve Liability
option balances of $100 or more 'shewed a very large increase,
the fourth line thereof.
Proprietors £1,200,000, to the Hongkong and Shanghai Tronobe (i) That the words "or the namely, 1,011,152 tons valued at
The following is the the amend.
Bank to be placed on FIXED £637.089, as against 446,107 tona ment above referred to:- The
Ordinary Half-Yearly"
FOREIGN EXCHANGE and DEPOSIT 4 per cent. per and the words "as: the valued at £289,624 in 1912, and deletion from Section 20 of the
case may be " be struck General Banking business trans- anxrm. 156,802 tons valued at £94,620 said Ordinance of the words,
For the Hongkong and Shang out of lines 10 and 11 of acted line in 1011. This coal all comes]" To take and accept any lands,
CURRENT ACCOUNTS open hai Banking Corporation, Article 177. from the South Manchuria Rail- houses, or other real or personal
Should the Second Resolution ed and FIXED DEPOSITS re- property in satisfaction, liquida- way Company's colliery
tion, or payment of any debt he passed by the required ma-ceived for 1 year or snorter periods Fashan, the output of which in
absolutely and bona fide pre-jority, it will be submitted for at rates which will be quoted on 1913 amounted to 2,049,813 tons.
viously due and owing to the confirmation as a special Resolu-application The company has been making!
Company, and also to take any!tion to a Second Extraordinary special efforts to extend the
Mortgage or other lion or char-Meeting which will be sub- market for the product of its
ge on real or personal property sequently convened. mines. Two steamers were pur- as a security for any monies By Order of the Court of chased in the United Kingdom actually and bona fide pre- during the gear to be employed viously due to the Company or exclusively in carrying coal from" for which any person may have Athe regular ports of export, such rendered himself liabe to the es Dairen and Newchwang. The Company, and to hold such
lands; host property, respec- PUBLIC COMPANIES following table shews the prin lands, houses and other real sipal countries to which coal was tively for such reasonable time exported in 1913, with the quantas may be nece sary for selling ity in tons taken by each:-Japan)
and disposing of and converting INDO CHINASTEAM NAVIGA 465,803; Straits Settlements 89, the same into monry," and the 041 Hongkong. 86,107; Korea substitution therefor of the 74,935; Philippine Islands following words To take, accept, enforca, rélease, realise, 70,159; Vladivostock 18:251; French Indo China: 15,740 ; British Indis 6:472, Amate Electricity in Textile Mills. An excellent example of the advantages of electrical driving in textile manufacture is afforded by the tweed mills of a big firm in Oxfordshire. At one time we 130-h.p. slow running beam engines were employed, each of which used some 26 tons of coal a werk. An improvement was effected by the substitution of! two Crossley gas engines, which reduced, the coal consumption from 7 lb. to 1.8 lb, per h. p. hour, I at the same time epabling the machinery to be speeded up 10 per cent. These engines drove the old shafting by means of ropes, and tests shewed that 18) per cent of the power of one of them was lost in, transmission. To avoid this waste of power the expedient of introducing a 120, k.vs. generator, with a number of motors, was tried, and wa scoomfal that gradually the whole of the mill was converted to electrical drive on the individēji dal system.
At prevent the installation consists of two 300-6): Pragas enginng each driving by ropes à 250 k.vn. three-phase generator. All the motorsare Wound for 220 voits, the install- ing electrical firm favouring a volta e of that order for small single-drive motora na being safer cheaper, and more efficient Kaan higher pressures,
$1
owing to the Company, or for!
any liabilities incurred or to be Hongkong, 30th July, 1914. incurred towards or by the
Company by way of mortgage, THE HONGKONG, CANTON & pledge, hypothecation, deposit MACAO STEAMBOAT Co., Ltd. or otherwise howsoever of every NOTICE TO SHAREHOLDERS kind of property or rights."
(2) That the Deed of Settlement AN INTERIM DIVIDEND OF
FIFTY: CEN 18 per share
of the Comp n be altered in for the Six Months ending 30th manner following:- (a) That t e full wing words June, 1914 will be PAYABLE on FRIDAY 14th AUGUST 1914, be, struck out of lines two and three of Articles 56 on which date Dividend Warrants nymely, the words "for not may be obtained on application at
the Company's Office R
expeding fifteen days The TRANSFER BOOKS of
Goods received on Storage. Advances made on Merchandise: Loans made on the Provident
System.N
1
Dresdner Bank.":
INTEREST allowed on Current Account. DEPOSITS received
(Rates and Particulars on ap on terms which may be learned
iplication).
The Office of TRUSTEE, EXECUTOR
WILLS, ATTORNEY, &c., Undertaken and Executed.
OB
SHEWAN, TOMES & Co. General Managers,
Hongkong, 19th March, 1909
on application: Every description of Banking and Exchange bug nese transacted," say
MAX GUTSCHKE BAR BAManager. [2 Hongkong, 9th Ont: 1911: :
Morning Post THE MERCANTILE BANK OF Peak Tramway
INDIA, LIMITED.
before and seven days after the Company will be CLOSED PEAE TRAMWAY CO Authorised spital
tors
overy ordinary Meeting" from Tuesday 4th August to Fri- and that the following day. 14th August (both days in- words be adopted and clusive), during which period. no therefor;rnster of Shares can be. Regis- substituted namely during sucht time we the Court thinks, tered.atwest Adelsh fit, not exces ing in the order of the Board of Direc whole thirty days in sách year. W201 1AHEMAIN (b) That the following words bo struck out of the last line of Article 56, namely, after the Meeting.", a d that the following words adop ed ad aubstitu od therefor, namely, after the re-opening of the R'gister.
JOHN ARNOLD,
Acting Beorotary. Hongkong, 28th July, 1914
be
(c) Thit "Articles 76, 77
NOTICE
LIMITED.
WEEK DAYS,
1.
the
2.00 4. 15:00 AU
VANHE NIGHT CARS.
−31+00°F‚M» every half hour.
· Evay quiper of sy houre
BUNDAYS,UM
STOCKBROKERS' ASSOŊIA- || 15.00 NOK 60 100 F
TION OF BONGKONG
The above Association will be o'osed until further notice, from and 78 be on olled Saturday, 1st August 1914 retin
Cadenas prija
(d) That the following.
Art clos be adopted and | subat'tute for Articles 70, 77 and 78, namelyi
By Order
EM. EAYMOND";
gleBoaretary. SVOM POS
- 5:00 PM, 50000 $1600
Subsoribed
Paid Up
Reserve Fund - dress
JUTAN OK
$6 $38
$25 $215
$10 $25
R. 10 T. 48
$25 #29
$10 $10
$1
90 cts.
Do. (new) £1,500,000
1,125,000 Hongkong Electric Tram11/6
562,500 50 465,000 Philippines
:: BANKERS: Bank of England. London Joint Stock Baur,
Limited. Joze
$10 $5 H. Price & Co., Ld 810' 86
1 Pro The Boalete desferred
Pulpeset $50 || $20- Papeteries paid.
du Tonkin
up: $50 Benefit $200 Every description of Exchange business transacted,
Shanghai-Sumatra T. 20T150 Milčamat kilövad on Current Ad-Steam Laundry 651503 counts at 2 per cent per annan United Asbestos] ta on Daily Balanes and on Fixed Oriental Agency, $10 n. 8934 b. Deposits at rates which may be ................ ascertained on application:
AR LINTON
Manager
United Asbestos
Founders Shares) Union Waterboat
$10 $300
$10 $18
KIGHT, CARS, as, on We
İZİ SATURDAYA
SADOR Art Welamann, Ltd. THE ALEXANDRA CAFE Watson
$10 $10
$10 $7
Cannot be Beaten, if Equalled: William Powell, Ledruk 841 For Bread, Cakes, Confe tionery
قم
-N- NOMIHAL
Last premonyU AND (ATE)
£2 & 5/-b.atex 1/11 3/16)
equal to $23.29 for year ending 31/12/13-
Final of $3 a/c 1919, In-
terin of $18 afo 1913 Finial of 1p.o, making
20 pc. for 1912. Final of $20 making $30; for 1912 and Interim' of $30 for 1913 Final of 5 12 mak. $15 for
1912 & Int. of 63 for 1913)
$10 for 1912
127 for 1912
-$1 for 1906
62.50 for year and’g30'8'13- Final of 81 för half year ending 31*12*18 (9% Interim ale year 1919. on preferred shares
(Final of 5/- 'making 7- for 1913 Coupen No. 22.
$1.70 per share and boaus of 30 cents per share for
year ending 30'4'13--
13 för 1912
$3 for 1897
Interim of 5 % Coupɔn No.
3 account of year end- ing: 30.6, 4.-
Int. of 1/6 mak. 6/6 a/c, 19"
1/2 for 1909
$3.50 for year 1913
13 for 1913
Ti. 3 for 1912.
Interim of Tls S for 1918.
Tla. 6 29*2*10
First year
37-on, old, shazus, $3,50)
on new shares for
year 3112 15
$314 for
30.6.14
year ending
50 cents for 1913
$2.80 for 1913
Interim of .e. for
yearending 30:6′13 82.00 1
for 14 year ending. 30.614
15 per cent. for 1910
Tie, 15 for year ending
31°10'13
Tls. 10 for year end
ing 30'6'13
T-12foryearend'- §1′18′′1; Tis. 1 for year ending]
30°11′13
50 cents 31.7.08 $1.20 for 1913
70 cents for 1913
$1.90 for year end'g 31*7*13 40 cents for 1911 $1,80 per share for 19:3 Interim of $23 a/o 1914
$2 for 1913/
fInterim of Tls, 1 mak- ing Tis, 2 a/o 1913- None 80 cents on fully paid shares and 8 cents on $1 paidshares for year ending 30.4.14
Final of 6d. making 73d. per share for 1913. None
$1.50 for 1910
...None
No dividend this year 83 pts. for year end g 91.5.14
(20 per cent, per ordinary, share for year ended #31′5:1912
$1.95 per share for year Glending 31′18′′1913
15 per cent for year
ending 317110
70 cents for 1913 AS
50 pta. year ending 6,30,18 RIGHT AND HORNBYDESTEK
and meals with wines & Liguorden: daméral bankers & Dur Vandr Kona Cintra 74 LAdrese Kopfenda:
(The 10Tilegraph", dous mac bolt (isolť;roup
SIMOTTUA
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