1914-08-17 — Page 11

Commercial.

Jasin Rubber Estates.

Mr. T. Ritchie, chairman of the Jasin (Malacca) Rubber Estates, Limited, presiding at a meeting of the company on July 6, ssid that the output of rubber was 45,225 lbs., being somewhat below the manager's estimate of 50,000 lbs. Thero were two points in explanation of this. One was that, owing to the reduction in the price of rubber, the standard of size of trees to come into tapping. had very generally been raised, as8 was also the percentage of trepa

NOTICE

THE HONGKONG TELEGRAPH, MONDAY, AUGUST 17, 1914,

ANNOUNCEMENT.

THE LIVERPOOL & LONDON & GLOBE

INSURANCE CO., LTD.

Assets £13,833,482: 12: 4d.

HE Management of the Company's Representation in Hong-

tappable when bringing in a fresh Tons has from today been taken over by me and the interesis

lot, as it did not now pay to tap on an area when only a small per- centage of trees were available. There had also been a shortage

the Company will thus be entirely under British control.

of tappers, owing to the general Hongkong. 10th August, 1914.

PUBLIC COMPANIES

reduction of wages in the district, but this was being gradually overcome. "The gross receipts from rubber sold, amounted to £5,570. The average gross price obtained was 2a, 5,06d., against 48.2.88d, for the previous year. The fo.b. cost whe 28. 1.35d, against 2s. 4.37d., and the all-in NOTICE OF ORDINARY AND

costs were 28. 4.51d., againët 2s.

HONGKONG & SHANGHAI BANKING CORPORATION.

EXTRAORDINARY

MEETINGS:

9.23d. These figures, of course, did not leave a large margin for profit, but it was the general experience throughout the worldOTICE IS HEREBY GIVEN that the ORDINARY

receiving the Report of the Court of Directors together with Statement of Accounts to 30th

June, 1914, and for the confirma- tion of the election of Directors.

in the tapping history of estates HALF-YEARLY MEETING of that when turning out com-the SHAREHOLDERS in this' paratively small quantities the Corporation will be held at the coate were always higher City Hall, Hongkong, on SATUR- and gradually decreased as DAY, the 22nd day of August, more treas came into bearing. 1914, at Noon, for the purpose of The manager's estimate for the present year was, 100.000 lbs., and the amount actually received in the first five months was 23,410 lbs. During the latter

THE REGISTER OF SHARES part of the year there would be a of the

Corporation will be Considerable increase in the num- CLOSED from MONDAY, the ber of trees tapped. The 10th August, to SATURDAY, the "estimated expenditure on capital 22nd August, "1914, (both days account was £5,072, and on inclusive) during which period revenue account £8,003, Mr. no transfer of Shares can be Murray said that the expenses of registerod...

AND NOTICE is hereby also, managing the company in London seemed very high, and amounted given that at the saine place and

on the same day at Noon or soļu

an

to over £800 a year. A reduction soon afterwards as the Ordinary in expontes was also advocated Half-Yearly Meeting shall be by other shareholders. The concluded

Extraordinary Ohairman, in reply, said that be Meeting of the Shareholders in thought their London expenses this Corporation will be held in comparison with many other when the subjoined Resolutions companies were not at all heavy, will be proposed as Extraordinary The motion to re-elect the retiring Resolutions:-- director (Mr. G. 1. Champion) was opposed on the ground of expense, and on a show of hands the resolution was lost. A discus sion followed, during which the directors said they would be will- ing not to draw any fees until the company was paying divid ends. The shareholders said that they would be satisfied with that and would agree to Mr. The Champion's re-election. Solicitor (Mr. Maso) explained that, Mr. Champion not having been re-elected, by the articles the meeting was automatically adjourned for a week, when, if no other director was elected, Mr. Champion would be automatically re-elected.

Indian Jute Forecast.

Calcutta, July 15, The preliminary jute forecast, which shows an increase of nearly 97,000 acres, is considered by

b

(1) That the Directors of the Hongkong and Shanghai Banking Corporation be and they are hereby requested and authorised by and on be half of the sliareholders' of ar the Company to take" the] steps necessary 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 same by the Governor of Hong- kong with the advice and consent of the Legislative Council thereof to effect the amendment of Section 20 ́ öf 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 enacted.

The following is the the amend¬ experts to indicate a crop of 11 mont above referred to:-The million bales, while requiremen tu deletion from Section 20 of the are estimated at 10 millions. eaid Ordinance of the words, The crop had favourable weather" To take and accept any lands. conditions, and a good yield is houses, or other real or personal now practically assured. Un-property in satisfaction, liquida fortunately, the Calcutia mills

tion, or payment of any debt absolutely and bona fide pre- have still a large stock of last

viously due and owing to the year's crop, which was greatly Company, and also to take any anderestimated, and a decline in

Mortgage or other lien or char- prices which must follow the full" ge on real or personal property new orop will increase the" as a security for any monies

depression existing. The Dir-actually and bona fide pre-

per cent,

韶

ector of Agriculture, Bengal, rec- viously due to the Company or cording to Reuter, gives the for which any person may have rendered himself liable to the following acreage: Bengal, 2,846,000 increase. 2.9 percent lands, houses and other real "Company, and to hold such Beher and Orissa, 320,600,425 and personal property respec- per cent.; Assam, 102,300, +55 tively for such reasonable time as may be necessary for selling PUBLIC COMPANIES and disposing of and converting the name into money," and the PUTINGSANG" (Wrecked)ubstitution therefor of the * following words To take, HIPPERS and Underwriter" accept, enforce, release, realise, Sinterested in the cargo af deti with any security now the steamer are requested to" Held or which may hereafter be communicate with the Under-"held by the Company, for any signed within three months.from monies owing for!) to become date.

GILMAN & Co.

·་

owing to the Company, or for any liabilities tidurred or to be

H. S. PLAYFAIR.

BANKS

INTERATIONAL BANKING

•ORPORATION.

Hand Offends, Wall Street, New York,. Londos Ofice:ugd, Bishopsgats, &.C.

BRANCHES --

Bombay Calcutta

Canton

Cibe

Coloa Expira

Hongkon

Hanko.

Capland Surplu

Koba Menila

· Maxico

Panama

Peking

San Francisco

Shanghal

Yokohama

Bald $1,100,000

EVERY DESCRIPTION OF BANKING BUSI NESS sud,

CURRENT ACCOUNTS opened on the go. DEPOSITS RECEIVED, 6xed for one year at X per annum, or for shorter periods; at rains, which May be ascertained as application.

BILLS NEGOTIATED and COLLECTED, · MAIL and TELEGRAPHIC REMITTANCES

LETTERS OF CREDIT and DRAFTS granted on all the principai chides in the World,

THE BANK'S CIRCULAR LETTERS OF CREDIT Avaliable all over the World

COMMERCIAL LETTERS OF CREDIT

kannet.

PURCHASE na SALE of Bucks an Shares

•Tected, GRAVELLERS CHECKS sold and cashed.

GEORGE HOGO Manager. Queen's Road, Hongkong" Hongkong, 1st Nov, 1912

THEL

exceeding fifteen days before and seven days after every ordinary Meeting": and that the following words be adopted and substituted f therefor; YOKOHAMA SPECIE BANK namely: "during Buch time as the Court thinks

fit, not exceeding in the whole thirty days in 'oach your."

(b) That the following words be struck out of the last line of Article 56, namely, after the Meeting and that the following words be adopted and substituted therefor, namely, "after the re-opening of the Register."

LIMITED.

Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital Reserve Fund............ 18,900,000

""

30,000,000

Head Offico.-YOKOHAMA

Branches

Antung Hsien Bombay Calcutta Changchun Dairen

Fengriss

Кове

Liao Yang

Londan

?

Lyons

Tsingtau

(c) That Articles. 76

and 78 bo cancelled. (d) That the following Articles be adopted and substituted for Articles 76, 77 and 78, namely ARTICLE 76. General Meetings shall be held once in every year; at such time and place in the Colony as may be proscribed by the Company in General Meeting and if no such time or place is prescribed, then at, such time and place as Court, and unless and until may be determined by

the otherwise, prescribed or deter- mined as aforesaid a oral Meeting shall be held in the month of February in overy

year,"

Agencies at Nagasak 1 Nawchwang

New York

Desks

Pakia

Ryolan (Port

Arthur)

San Francisco Shanghai

Tealig

Tieatin

Tokyo

Los Angeles Tsingta

Interest Allowed on Current Account

BANKS

Selling

T/T.....

1/1014 *******...1/10 5/16 30 d/s 1/109%)

HONGKONG & SHANGHAI Démand

BANKING CORPORA.

TION.

Paid-up Capital ...$15,000,000 RESERVE FUNDS:

Sterling

£1,500,000 at 2- $15,000,000

Silver $17,650,000

| 60 d/s ...................................1/10 7/16

4 m/s ......................................1/10 1/2 - D/D Shanghai ..........75. Private 30. d/s sight D/DSingapore ............7931⁄2 DD Japan

T/TIndia

Demand India

$32,650,000

....$15,000,000

Reserve Liability Proprietors...

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

Chairman A

S. H. Dodwell, Esq. G. T. M. Edkins, Esq. C. S. Gubbay, Esq. P.H. Holyoak, Esq. J. A. Plummer, Esq. Hon, Mr. E. Shellim,"

CHIEF MANAGER: Hongkong N, J. Stabby

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. 21, per cent, per

annum.

For 6 months, 3 per cent. pe

0034.

......139

T/T Bonbay.one Demand Bombay139 T/T Caloutta Demand Calcutta139 Demand Manila......91. T/T. San F'cu & N.YAS Demand, New York 4514 D/D. Java ........111

Subsidiary Coina. Discount per $100:

EXCHANGE.

T/T. Marks itinboy's Nom, Demand Germany...No

D/D. Franca

On Haiphong

On Ssigonijas? On Bangkok IKEAST

Buying

Non

4 m/s. L/01/11 1/4

1 m/s. D/P.....1/11 9/8

6 m/s. L/O.................1/11 5/8 30d/s.3'ney &M. 1/11 1/2 30d/s.San F'cc&N.F.. 4 m/s. Marke".....!ty 4 m/s. Franos ****** ** 6 m/s. do

Gold Leaf per tael. $58.40. Sovereign

10.40 Nom:

BarSilver, ready...27

forward

Bank of England rate

"Opium Quotations.

Malwa, New

Chinese...20 cts, pieces $1116

Malwa, Old

Ohinese...10

$12-1/2·

Patna, New

373/4

Hongkong.20 Hongkong.10

July 17 ....$8,300 per p 8,300 [

Nom

..... 9,325 per obs

Patna, Old............ 9,100.

Benares, New 9,050

Benares, Old....... 8,825

TO-DAY'S SHARE REPORT.

S-SELLERS

STOCK & FAID OF VALUE. BANKS.

Hongkong & S'hai 3125

MARINE INSURANCES, Cantons North China

BA-SALES B-BUYERS N-NOMINAL

CLOSING 4TION.

LAST DIVIDEND AND PATRI

$852) Nominal £2 & 5-b.atex 1/113/16)

equal to $23.29 for year ending 31/12/13

Final of $3 a/e 1912, In-

terim of $18 a/o 1913 f Final of 10 p.o, making

20.p.c. for 1919 Final of $20 making $50)

for 1912 and Interim of $30 for 1913. Final of $12 mak. $15 for 1912 & Int.of 3 for1919

$50

£841-

3172 £5 T142

Unions

$100 $795

Bonum.

annum,

For 12 months, 4 per cent per Yangtsze

A. G. STEPHEN. China Fires Acting Chief Manager.

£50 0194

FIRE INSURANCES:

$20 $155

Hongkong Fires. Ohina & Manilas 825 $8 Douglas Steamship $50431

-$50 $398

$10 for 1912

$27 for 1912

Steamboats

$15 $2756

Indo-Chinas

(Preferred) (Deferred)

£5 $56

80/-

(£11

INTEREST on deposits is al- lowed on the minimum monthly balances at $3 per cent. per an-

Star Ferry"

{ $10 $46

D

Deposits received for ned periods at rates 10 be HONGKONG SAVINGS BANK ained on application.

EISHIONO, Manager. Hongkong, 6th April, 1913.

[18

THE CHARTERED BANK OF INDIA, AUSTRALIA AND

OHINA..

THE Business of the above

·Bank is conducted by the

BANKING HONGKONG AND SHANGHAI "Shell" Transports £1

́CORPORATION

Rules may be obtained on ap plication.

num.

REFINERIES

$100 $77) $100 $28

Incorporated by Royal Charter 1853.

China Sugars Faid-up Capital Gon- HEAD OFFICE.-LONDON.

Depositors may transfer at their Luzon Sugars Reserve Fund. £1,800,000 to the Hongkong and Shanghai Chinese Engineeringe £137/6

.......£1,200,000 option balances of $100 or more Reserve Liability of

Bank to be placed on FIXED Proprietors £1,200,000 DEPOSIT 1,4

ARTICLE 77.-" The General Meetings mentioned in the last preceding Artiolo'shall be called Ordinary Meetings.

annem

FOREIGN EXCHANGE and

For the Hongkong and Shang- General Banking business transhai Banking Corporation, acted. VREM

OURRENT ACCOUNTS open-

General Meetings shall be ARTICLE 78. All other called Extraordinary Mested and FIXED DEPOSITS_re- ings,

ceived for 1 year or shorter periods at rates which will be quoted on application.

(e) That Article 90

altered by inserting an adopting after the wode holding in line fird. thereof the words "ve representing by proxyor and by striking out a the end of the said Article the words present in person."

(f) That the following

Wm. DICKSON,

Manager, Hongkong, 11th April, 1912. [2

NOTICES

PROVIDENT LOAN- AND MORTGAGE CO., LTD.

words be added to Article THE CHINA 94: The Court may "from time to time pay "to the Shareholders "Buch interim dividends' as appear to be just "ified by the position of "the Comy,"

(g): That: t following words be struck out of

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

the first three and a balf Loans on Mortgage of House Pro- lines of Article 174, perty, &c.

namely. the words "Half Goods received on Storage.

System:

plication).

7

MINING.

per cent. per Tronoha

£1 26/3 Raubs

£1 $3 DOCKS, WHARVES, ★ GODOWNS. Kowloon Wharfs $50 $85 B.K. &W'poaDocks $50 $63 Shanghai Docks T. 100 T. 55 Hongkew WharfsT. 100 T. 91° LANDS, HOTELS & BUILDING #

A. G. STEPHEN, Acting Chief Manager,

Anglo French Lands T.100 T.94 DEUTSCH ASIATISCHE H'kong Central E'tes $100 $103

Capital Fully

BANK

Paid-up...Sh. Taels 7,500,000 Head Office.Shanghai. Board of Directore-Berlin. Branches: Berlin Calcutta Canton Hamburg Hankow Kobe Peking Singapore Tientsin Teinanfu Tsingtau Yokohama.

Hongkong Hotels $50 $128

Hongkong Lands $100 $116

Humphreys Estates $10 $73 Kowloon Lands

$30 $4 Shanghai Lands T. 30 T. 92

West Points

$50 $71

Manila M'pole Hotel P.10 P. &

COTTON, MILIS.

LONDON BANKERS: Mesars. N. M. Rothschil & Sons, Ewos The Union of London and Bmith's Shanghai Cottons

Bank, Limited. Deutsche Bank (Berlin), London Laou Kung Mow

Agency.

$1 for 1906

$2.50 for year end'g 30°6′13 Final of $1 for hälfl year ending 311213 } (3 % Interim alo year 1913 on preferred shares

Final of 5 making

7 for 1913 Coupon, No. 22.

$1.70 per share and bonus

of 30 cents per share year ending 30:4:19 $3 for 1912 $3 for 1897

for

Interim of 5 % Coupon No. 3 account of year end- ing · 10.6.14,

Int. of 1/6 mak. 6/6 afo.1019 1/2 for 1909

$3.50 for year 1913

$3 for 1913

Tis, 3 for 1912

Interim of Tis 3 for 1913

Tle. 6 29*2*10

First year

$7 on old shares, $3.50)

new shares for

on

year 31'12'13

$314 for 14 year ending 30.6.14

50 cents for 1913

. $2.80 for 1913

Interim of 5 p.o. for

year ending 30'6'13 $2,00 ¶" for 14 year ending) 30.6.14

15 per cent. for 1916

Tls. 15 for year ending

311013

T. 50 T. 137

T. 123

Tls. 10 for year end

T. 84.

ing 30'6:13

T. 12

T.12 for year end'g 31'12-12

$716

Tls. 1t for year er ding

30°11′13

50 cents 31:7.08

$1,20 for 1913.

Direction der Disconto Gésall- Kung Yik

schaft.

Hongkong Cottons $10 Dresdner Bank.

MISCELLANEOUS. year ending the 30th Advances made on Merchandise:

INTEREST allowed on Current China-Borneos

$11 312 June: and the 31st. Loans made on the Provident

Account. DEPOSITS received Light and Powers $101 $4.90 "December, shall make a

general Half-Yearly" (Rates and Particulars on ap-on terms which may be learned Do.(Spec. shares) $1)

on application. Every description Chins Providents $1098) and that the following

of Banking and Exchange busi-Dairy Farms. words be adopted and

Green Islands M310; $186,60 substituted therefor

ness transacted.

Hongkong Mectrics $10 $43 Year ending the 31st

MAX GUTSCHKE Hongkong Icen 93215

$25 *** day of December shall

Manager. *F make a General"

Hongkong Ropes $10 Hongkong. 9th Osk, 1911.

Langkata

(h) That the word "Half":

be struck out of the 18th

The Office of TRUSTEE EXECUTOR OF WILLS, ATTORNEY, &0., Undertaken and Erecuted:

SHEWAN, TOMES & Co. General Managers.

line of Article 174 and Hongkong, 19th March, 1908

also out of the 6th line-

of Article 175. g

(1) That the word "two"DEAK

the

and the words

30th day of June and 4 be struck out of lines" and 5 of Article 176 and that the word "onge "be adopted and außstitutād for the word "twice" in the fourth line thereof 6) That the words "or the Ordinary Half Yearly" and the words

as the case may be be struck out of lines 10 and 11 of Article 177.NAA!

Lloyd's Agents incurred towards or by the Should the Second Resolution Company by way of mortgage, be passed by the Tenured ma-

NOTICE.

TO PARENTS.

ST. JOSEPH'S COLLEGE,

DMACAOJ GATO

D. Lodging & Education ni⠀⠀ most – módéráte terme.. Portuguese, Chinese, French, etc. Commisericommercial course-in |

Osona det. September!

Apply

is

pledge, hypothecation, deposit ority, it will be submitted fork

or otherwise howapever aflevery confirmation as a special Resolu

kind of property or rights." tion to a fecund/ Extraordinar

(2) That the Deed of Settlement Meeting éhich will be sübu

of the Company be altered in soquently convened, manuer following:- (a) That the following words

-be-struck out of lines.

and thipes of Articles 56, pamely, the words for not

By Order of the Court of Director.auth

A. G. STEPHEN Acting Chief Manager Hongkong 21st July, 1913. KOSMETTANT YANNIS:

TRAMWAY 00 LIMITED.

¿TIME TABLE..

WERK DAYS DE

„00 AM, 18. /6.00 mm. 'Every 15. Min.

烤鱿

H

Cha Muts

·MIGHT CARS. „1,90mart and a 2001, 190-230, to

81,00 TING 50 SLAI EM), lavery quarter of an hour's

SUNDAYS

AIM. ETRZY 15 Mon.

THE MERCANTILE BANK OF Morning Post"

INDIA. LIMITED.

Peak Tramway

Authorised Ca

Subscribed

Besatre Fand

Paid Upco

BANKERS:

Bank of England.

$6

$38

10 T 48

$25 $29 $10 $10

$500,000 Do. (new)

$190 ote. $125,000

11/6 562,500 Hongkong Electric Trame 465,000

$10.85

London Joint Stock Bank, Limited.

Every description of Exchange | businéra tranbaḍfel.

Interest allowed on Current As. dounts at 2 per cent parňannon on Dally Balance and on Fix#J Deposits at rates which may be seogrtained on syntis

Philippines H. Price & Co., Ld. $10 156

Pro Boolete, - den ↑ ferred:

Pulpeset i 20850, Papeteries paid du Tonkin

$20

up $50 Benefit

18200 Shanghai-Sumatras T. 120 T:150 Steam Laundry United Asbestos

Oriental Agency $10 $914 b.

United Asbestosl 19300

Founders Shares $10 Union Waterboat.

$18

Wolamann, Ltd

Watson

$10830

$10 1871

William Powell, Ltd. 1881

70 cents for 1913

$1.30 for year.end'g 31°7′13 40 canta for 1911 25/ $1.80 per share for 1913. Interim of $25 a/c 1014- $2 for 1913

Interim CZ Tis. Imak- ing Tie 2 s/o 1913 None

80 cents on fully paid)

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

Final of 6d. making d. per share for 1919. None

'$1.50 for 1910°

None

No dividend this year 35 ots, for year end'g 31,5,14

"20′ par cent, per ordinary share for year ended 31′5.1912

$125 per share for year? **anding 31*12 1913

25 per cent for your

@ending 31"114 70 cents for UK.

50 ofs, year ending 6.30:18 FRIGHT AND