1914-10-13 — Page 11

Commercial

251, below the 840ft, level.

THE HONGKONG TELEGRAPH. TUESDAY, OCTOBER 13, 1944,

11

Surface ore crushed:

war. The proclamation probibita 840ft. level drive north on the

tons. the making of any new contract of 250ft. lode. This has been driven | Bt. Koman 1,8401

marine, life, fire, or other policy equil 3,174

or contract of insurance with Milacca 1,895 8ft, making a total of 39ft. The

Amalgam ollected 684 oz, er for the benefit of any person flode maltor measures 40 ins. wide

and assays. 1 dwts,

producing 324 oza, sponge yield residing and carrying on business or being in the German Empire, Drive south on the 250ft. lode.ing 316.35 cz, smelted gold."

and the making payment to or for To this has been added 32ft. Average yield per tont making a total of 55ft. The and B. K. Stamps 3013 data.

H'ton Mill - 2213 carries nothing of value,

•

Rubber Sales in London. Obviously, the resumption of the plantation rubber auctions yesterday was mande na an exper iment, says the Financier of August 26, inspired by the re- markable demand for the material which took placo last week in tho, private maket. Indeed, on Thurs day there was quito a miniature

740ft. level drive north. Hore boom in Mincing Lane, and the price of rubber rose substantially. 9ft. has been driven making à In view of this, it was decided to total of 220ft. The lode 48 ins. renew the public sales after near-wide gives 24 dwts, per ton. ly a month's interval, and yester Drive south. To thie has been day morning there was offered added 12ft. making a total of for competition the small amount of 300 icas, all rubbur, receivad in London after August 3 being excluded. However, as soon aatho safe was announce last Friday the private maket began to show weaknem, and by Monday prices had engged to very nearly the levels of the last auution. Thus, there was no great corfilence among sellers when the auctions commenced, and in a number

Crosscut west of abaft. Thie | Toilinga has been extended 18ft. brloging the total to 04ft.

.700

B. M. 1'ton Mill 1 093 Totals: Tone crushed 7,881

Amalgam

2.161 oz. Smelted Gold': 910 75.,

2402dwts Average Yield

Finances 900 381

**

27411. The lode 00 in, wide a TRADE WITH ENEMIES says 3 dwts.

Drive south No 1 winzs. This hae teen gunk 17it, making total depth 1046,

610ft. level drive south. This

a

has been extended 8ft. making total of 334ft. The lode averaged 37 ins, wide and gave 10 dwts. by asssy.

Crosscutting from No. 1. winze has been carried to 15ft. In the

(Continued from Page 3.)

PUBLIC COMPANIES

IN THE SUPREME COURT OF

HONGKONG.. - ORIGINAL JURISDICTION.

Ordinance 1911 and

the benefit of any such person in In the matter of the Companies rospect of any loss due to the belligerent action of his Majesty's foïces or those of any ally.

"The Touchstone of Illegality

In the matter of the Hongkong Fire Insurance Co., Ltd.

Bolling T/T...............................1/9 1/8 Demand 1/9 9/16. 30 d/e........1/9 1/4 60 dis 1/9 5/16 4/1/996 TT Shanghai ......7611⁄2 Private 30 de sight T/T Singapore ............7534

... 87 T/T Japan T/T India .......133 Demand India 1331⁄4 T/T Bombay..................... Demand Bombay T/T Calcutta

13334

EXCHANGE.

T/T. Marks ............................... Nom. Demand Germany...

T/T. Francs ......ines On Haiphong On Saigon

2.20 Nom

On Bangkok....87

Buying

4 m/s. L/O ..............1/994. 4 m/s, D/P..........1,978 6 m/s. L/O............1/103424h 30d/a.S'ney &M. 110 ed 30 d/e.San F'cc&N.Y,454 ohmonĄ 4 m/s. Marks Nom, 4 m/s. Franos ............. 231 d my 6 m/s do

2.36.5 Gold Leaf pertael.. $57.20 Sovereign deng 11.15 Nom. BarSilver, ready ...235

forward Bank of England rate

→ SUBSIDIARY COINS.

Discount per $100:

No new contracts can be entered NOTICE is hereby given that Demand Caloutta....13334 into with an alien enemy during a. Petition was on the 20th | Domand Manila ........... 87) war. To quote Mr. Lelio Scott, day of August, 1914, prespated to T/T. San F'co & N.Y.43] K:C who has written on this the Supreme Court of Hongkong Demand, New York 43 subject in the 28th Report of the by the above named Company to TT. Java

.....10636 International Law Asscolation, confirm an alteration of the said Company's objects proposed tɔ be PP. 155 and 102

effected by a Special Resolution. Help to the enemy is the of the Company unanimously touchetons of illegality. Our passed at Extraordinary

an courts regard as helpful to the General

of Meeting

the Corüpany held on the enemy"every such contract made said during war; the presumption is 4th day of June 1914 and sub- the case of contracts made before at an Extraordinary General irrabattable, a rule of law. Ia sequently unanimously confirmed

of cases limit values were placed north drive the crosscut asst has might pay the debt to an Englieif not actually helpful its legal)

upon packages. The feature of the catalogue was the very small pro- portion of standard grades listed, the bulk of the offerings being "browns" and inferior qualities. From the first buyers showed little animation, the present uncertainty of the trade world being used as excuse for this hesitation. Still, the small quantities of standard | grades and clean crope offered sold readily enough at good prices, but the lower class varieties were not in much request, and a large pra- portion of such lots were with drawn. Altogether, not much

more

his principal. The discharge protects the debtor from coond claim on the conclusion of peace. If the English courte took the asme view an English house owing money to a German house

England appointed the WALE. But until the courte pronounce on the question it would to safe to refuse payment. A Gorman house could not, we think, appoint an attorney to eze here on its behalf, and whether the English agent could sue is clearly s question for the courts. It is for him to taks sotion if he can,

intersected at 21ft. a branch agent in about 24 ins. wide giving fair before panuing resalta. Further work is being done.

540 level north. The pros- pecting drive has been taken 5ft. making 15ft. in all. The lode 54 ing. gives dwt.

Crosscutting for stope filling 140ft.

level, wide

Stopan. Above the 740ft. one stope, lode 103 ins. worth 4 dots.

Above the 640ft. level, three stopes, lode 108 ins. wide worth dwts.

4

than two-thirds of the Above the 510ft. level, one total cfferings changed hands. stope, lode 100 ius. wide worth It is estimated that the quantity dwts.

of plantation rubber now in London is something like 5,000

Anderson Mine.

3

and which Rosolution runs as follows:-

Chinese...20 ota.pieces $16%

$17 13/16 Chinese...10

**

"BANKS

CORPORATION:

Hand Offen-do, Wall Street, Nas York.

London Office;-, Bishopsgais, E.C.

Hongkong.20 cts, piecost12)

#12 7/16 Hongkong.10

BANKS

· BANKING CORPORA-

TION,

Paid-up Capital ........ $15,000,000

RESERVE FUNDS:

Sterling

our courts permit cf discrim. Meeting of the s.id Company INTERATIONAL BANKING HONGKONG & SHANGHAI ination; if the contract is helpful held on the 30th day of June 1914 to the enemy that fact avoids it, enforceability is merely suspend- ed, except where suspension of itsell involves dissolution. Our curls treat the question as dependent on considerations of national defence; commercial) interest are subordinated."

"That the provisions of the "Company's Memorandum of "Association with respect to i a object be altered no as "to read as in the Print signed "by the Chairman of the

Meeting for the purposes of "identification."

And notice is further given that

the said Petition is directed to he.

4)

BRANCHES :-

Bumbay. Casita Canton

Caba

Calop

Empire, C. 2. Habto Hongkong Kobe

Canital paid up Reserve Fund

Luman

S

Maxico City

Piling

Sia Franciaco

Shangbal

Singapore

You baina

U.S. Gold, (3.S NANO

45005,

Liold 4,050,00

As to contracts existing at the outbreak of war between persons heard before His Honour M. in this country and persons in Henry Hessy Johnaton Gompertz On the other hand, it is clear allied or neutral countries, the Acting. Chief Justice of the said

All kinds of FOREIGN & that on alien enemy even resident mere outbreak does, aperate as Court on Wednesday the 21st day in the German Empire can be force majeure in our law to ex of October 1914 at 10.30 o'clock LOCAL BANKING BUSINESS sued in this country during war, cuse the British party from in the forenoon and any person CURRENT ACCOUNTS open- though he opot raise action non-performance. It is different interested in the said Company

ed and FIXED DEPOSITS 28 Creditor policy received at rates to be ascertain. himself. There would, of course, if there is a "war clause," which whether

otherwise desiroused on application. its terms. It depends on the to opposs the making of an will receive effect tccording to holder or

order for the confirmation of the said alteration under the above Ordinance Rhould

transacted.

יד

N. S. MARSHALL. Manager.

9, Queen's Road, Hongkong

be great difficulty, if not imposi sibility, in serving the writ und in euforcing any judgment obtain Main shaft. This has beaned. In Sasiland, where artent- tons, this being the balance sank 24ft. making total depth ment of movables is a competent la several Continental, countries appear at the time of hearing by Hongkong, 1st Nov. 1912

method of founding jurisdiction against a foreigner, the difficulty will be lees.

י

14

On the 160ft. and: 80ft, levels 132tt. of prospecting work has been done and a useful bunch or contracts alone, while two has been uncovered. doubtless the Continent will place

Existing Contracts.

H

& HARSTON, 1, Des Voeux Road, Central,

Hongkong, Solicitors for the Company.

NOTICES

THE

LIMITED.

Established 1980.

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

£1,500,000 at 2/-

815,000,000 Silver 818,000,000

$53,000,000

Reserve Liability of

Proprietors.....15,000,000

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

Chairman.

8. H. Dodwell, Esq. G. T. M. Edkins, Esq.

C. 8. Gubbay, Esq.

P. H. Holyoak, Eng. J. A. Plummer, Eig. Hon, Mr. E. Shellim, CHIEF MANAGER: Hongkong-N. J. Stabh. ACTING MANAGER. Shanghal-J. D. Smart." London Bankere-London County and Westminster, Limited.

Hongkong-Interest Allowed:

On Current Account at the fate of 2 per cent per annum on the daily balance

ON FIXED DEPOSITS.

For 3 months, 21 per cent. pèr

annum.

.

For 6 months, 31 per cent, mar

annum.

30,000,000 18,900,000 For 12 months, 4 per cent.

per

Head Office.-YOKOHAMA

Branches Astung Hsien

Agencies #t

Ny

Newchwang New York

terms whether the contract 18 suspended or cancelled. (we believe in France and Den- himself or his Counsel for the of the accumulationa during below 300ft, level 48ft. about six weeks. As already sug- 360ft. level drive north. Here

mark) the rule is different, the purpose and a copy of the said outbreak of war operating even Petition will be furnished to any gested, yesterday's public salegare 14ft. has been driven bringing

without a war clanse as force such person requiring the same no strong indication of the actual the total to 426ft. The lode 001

majeure and entitling the party by the undersigned the Company's position of either the raw materialine. wido gives 1 dwt, per ton. or the manufacturing industry, 100ft. level drive north east

The ontbreak of war at least subject to it to autpend the Solicitors on payment of the re- YOKOHAMA SPECIE BANK in spite of the somewhat remark lode. This has been driven 10ft. suspends, and may ennal, con- contract. Foreign merchants in Bulated charge for the same.

Dated the 21st day of August, Able activity in the private market making a total of 204ft. The tracta in existence at ita dat? this rule prevails have already DEACON, LOOKER, DEACON

allied and neutral countries where!

1914. However, in the lade GO ins. wide gives by assay between persons who by the out- assumed that our rule is similar last week. opinion of some Mincing Line 12 dwla, per ton.

break bec.me mutually enemies.

and that commodities already The drive south has been taken | For example, if the contract experts, it is probable that a

contracted can now only be sup briak demand will shortly spring from 30 to 37ft. Samples from between a British house and up, as there is bound to be an here are low grade.

German house is executed and,plied at war prices. except for payment, completed. enormous increase in the manu- facture of surgical appliances rad

before the outbreak of war, the other rubber goods from Govern-

contract is not made illegal by the outbreak, but the right of the Slopes. Above the 360lt. lovel, German house to enforce payment many orders in England. Mean-one stope, lode 63 ias, wide worth is suspended until the war is over. If, on the other hand, the while, sellers in the raw material 3-4 dwt.

Abore the 200ft. level, two contract though entered

into market are rightly adopting an

is stopes, lode 64 ins, wide worth 5 independent attitude, evidenced by the large with- dwts. "drawals at yesterday's eule, and they will probably have no cause to regret the course taken... American Cotton and the War. General. At Sempan advant enemy,

age has been taken of the dry involves any dealings with the delivery of Cargo from slongeide. Writing on the effect of general European war upon the weather and the concrete dam enemy, Thus a contract to build

Cargo, remaining undelivered cotton manufacturing industry, bas, been given a coating of a ship, an instalment having been on 13th October at noon will the editor of the Southern Textile coment.

paid before the war, would be be landed at Consignees' risk and Bulletin, Charlotte, North Caro At the 640ft, level the concrete carcelled. Similarly, a contract expense, and delivery lina, says Temporarily the foundations for the pump are of freightment, which involves then be taken from the Company's effect will be bad, because financial complete and the pump is being trading with the enemy, even in Godown. and shipping arrangements will fixed.

ment

16

Above the 160ft. level, two stopes, lode 70 ins. wide worth 4

dwts.

A

before the war is executory, that is, requires to be performed during! the war, it will be not merely suspended but cancelled if it the aid of the or indeed

enures to.

ΤΟΥΟ

CONSIGNEES

KISEN

KAISHA.

AMERICAN DENTISTR)

PORCELAIN FILLINGS. The Latest: Improvements ton

Operations. No charge for examinations. Fees moderato. Diploma. Tokio.

From SAN FRANCISCO, via Lasting Workmanship and Falo.

HONOLULU, JAPAN PORTS

8.8.

T

and MANILA.

CHIYO MARU," The above named Steamer hav

ing arrived, Consigness of cargo are hereby notified to send in their Bills of Lading for counter- signature, and to take immediate

must

No Fire "Insurance whatever a neutral vessel; The American courts have held under this rule will be effected.

be demoralized, but these will! Mill extension. The building

No Claim will be recognised soon be adjusted, and the cotton and oro bin are almost complete that a contract of life insurance after the Goods have to the manufacturing industry of this Foundations for twoHuntington involving periodical payment of Steamer or Godown, and all goods country should have a period of mills are finished and the mille premiums during the war comes remaining undelivered on the prosperity greater than it has are being erected,

to an end at the date of outbreak, 19th October, will be subject to ever known. In round numbers, During the early part of the bat that on the conclusion of peace rent and landing charges. we are now exporting annually month the Malacca mills ran abort the insured, being an alien en All chafed and otherwise dam- about 8,700,000 bales of cotton of water, but heavy rains have emy, may recover the surrender aged Cargo to be left on board or and consuming about 5,500,000 since fallen and the supply value of the policy at the date of in the Godown and examination balea. The consumption of Am- has been augmented.

ita termination. The same courts of same to be held on 24 October erican cotton in the countries Milling sheet for four wooks have held that partnerships, e. g.,

All Claims must be filed on or involved in this war is approx- ending 12th September 1914: between British subjeols in Man before 26th October, otherwise imately as follows:-

Bt. Koman. 40 stamps ran chester and Germans in Ham they will not be recognised. 3,300,000 20.16 days. Lost time 1.84 days burg, are ipso facto dissolved at 1,250,000 due to repairs and usual cloan aps. the outbreak of war, subject, pro-

375,000 Sto se crashed:

England

Germany

Russia...

Franca...

Austria-Hungary

Italy.

**

800,000

825.000

550,000

6,900,000

・While involved in the gigantic struggle these countries will be unable to consuino. any. thing like their normal amount of cotton. A market must be found not only for a large portion of the 6,900,000 bales of American cotton, but also for approximately 3,000,000 bales of Indian and other cotton that is annually con sumed by these countries. With such a surplus it is almost inevit- able that low prices will prevail, and a 50, or Go. price is not impossible. The same cause that will tend to lower the price of cotton will at the same time tend to advance the price of goods.

Bt. Koman Mine.

at 10 am.

;

S. MORIMOTO,

A'gont.

[hibly, to an accounting as at that | Hongkong, 12th Ostobe". 1914. Bt. Koman 1,436 tons.date. Slee Griswold v. Walding- Anderson 741

ton, 1818, 10 Johnston's Re PUBLIC COMPANIES 150 B. Hitam Junction .410

2.737 tone. Huntington Mill ren 24 days Lost time 4 days due to renewals, repairs and usual oleng up.

Sarface ore crushed;

Bu-Bitam 1,300 tons.

Junction 580-

1,970 tons.

CO., LTD. NOTICE

ports, 238, sad compare the Partnership Act 1890, section 34, THE HONGKONG ELECTRIC which declares a partnership to be in every case dissolved by the happening of any event which makes it unlawful for the Tai NOTICE is hereby given that

ness of the firm to be carried on or for the members of the firm to carry it on in partnership.

Scrip Certificates fór 13 Shares issued as under:

11th March, 1889 17296/9 27th May 1890:17959/9. 23504, 27th June 1896 17739/21, 19,154,

21917/8...

Contracts made before the war the fulfilment of which will give in the name of Joao A. Da: Luz aid and comfort to the enemy (Deceased) of Hongkong, have Total ore crushed at Koman cannot be enforced even on the been lost, and should the same Mills 4,707 tone.ht return of peice. Thus policica not be produced-bofore the 13th Amal. So'ge. Ball's. of insurance effected in peace proximo, now Scrip Certificates Stamp Mill 1,028 395 380 4|with: British -underwriters on will be issued la-fapour of the Hungtington Mill 414 220 2180 German property against British said Jano A. Da Luz (deceased), Grit Mill

05 24 230 capture in war are unenforceable and no transaction taking place in law after peace if the loss oc. under Scrip Certificates issued on Totals 1,507 639 0304|curred during hostilities (Furtado the above-mentioned dates will Bt. Malacca. 2 Hantington v. Rodgers, 3 Vos. and p. 191) be recognised by the Company... * GI?B, LIVINGSTON & Co., Milla rán 245 daya. Lost time 3.6 Such contracts are held to be

Agents

The main shaft has been days due to shortage of water, re- illegal because they are incon Hongking. 28th Sept.mber, 1914

sistent with the very cbjžeta olif deopened Bir. making a total of pairs and usual cleanups.

Dr. T. YAMASAKI,

34, Queen's Road Central

(Corner of Flower Street.)

Telephone 62.

SINGON & CO.

#

Established A. D: 1880.

RON STEEL, METAL and HARD.

WARE MERCHANTS. Wholesala and Retall Ironmongers, Pig Tron and Foundry Coke Importers. General Store. keepers and Shipckandler, Nos. 35 and 37, Hing Loong Street, (2nd Street west of Central Maret) Talaplione No.515.

BoLbay Caletiza Changchun Dairen reorien

Kobe

Hublo

Canadala

Liao-Yang

Lyons

.:Tsingtau

Looda

Cika

Pikia

Byolun (Port,

Anbar) Sin Franstiga Shanghai

Tabling

Tientsin

-Takya

Los Angeles

Tsingtau

Interest Allowed on Current Account Deposits received for fixed periods Ri Salon to bu sinados application

EISHI ONO, Manager, Hongkong, 6th April, 1915. -

annum,

AG, STEPHEN, Acting Chief Manager.

HONGKONG SAVINGS HANK

THE Business or the shove Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION Rules may be obtained on ap plication.

INTEREST on deposits is al-- 118lowed on the minimum monthly

balances at $3 per cent. per an

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter 1859.

HEAD OFFICE-LONDON.

1 IN GRAN BE CACHED IN Casa a mano a Paid-up Capital £1,200,000

MARTIN'S

APIOL & STEEL

Star PILLS

A Franch Kanzedy far al Irregularities. Thouude (of Lad da always hiep n bang ist Marina Pl in the house, so that on the Best en 91 ans fremolarity of a ty siero til do may be nämistasured. Those who Lapen FOC mmend them, Sarize their enda. ouale. All Chemists and sturen well re Szívou choral, the World, or post trap tim,

RTIN, Chemist, Soutürspion, Bug,

MARTIN'S

SA PIOL & STEEL MSPILLS

PEAK

EAK TRAMWAY CO LIMITED..

TIME TABLES

WEEK DAYS.

Reserve Fund.........£1,800,000 Roserve Liability of

ALI.

Depositors may transfer at their option balances of $100 or more to the Hongkong and Shanghai Bank to be placed on FIXED DEPOSIT it. 4 per cent. per annum.

For the Hongkong and Shang hai Banking Corporation,

AG STEPHEN Acting Chief Manager.

Proprietors .....£1,200,000 THE MERCANTILE BANK OF

FOREIGN EXCHANGE and General Banking business trans- acted.

INDIA, LIMITED.

11

Authorised Japital. CURRENT ACCOUNTS open- Subscribed od and FIXED DEPOSITS re- Paid Up ceived for 1 year or snorter periods Reserve Fund at rates which will be quoted on

application.

Wm, DICKSON.

Manager. Hongkong, 11th. Anzil, 1912.

NOTICE,

CHINA PROVIDENT LOAN AND MORTGAGE. CO., LTD.

THE

10 MIN.

15 MIN.

#

25 MIN.

1.50 A, 10 100 At Every zg`dım.

8.00 AM, 10 30.00 AM 10.00 10 33.00 AM, 17.30 AM to 29.45 P.M. (IRAS TANI LO

5.35 PM, to 1:45 +2:

1.13 PM). B.ES P., 30 11.00 13,12N SIOG 7. to

1.co.

"NIGHT. CARS1

se Mix,

10 Men

11 MIN to Ma

- 5.52 ami'and' o P.Můj pija FM, to

11:00 MT very half bouri

$1,00 F.LL to 21:45 9 MIN

every quarter of a bours

SUNDAYS

.1.45, AM; 10 g. Enter 15 52cm,

10:30 AM 10

so Mar

19:00, to zean b IO NON ta 1,09 #Mi

H

· 7,00. 2.17 (

8.00 $30,10:- 2.00 PM 1 7.00 emito. .10 .N.

#

NIGHT CARS on Wook Days.

SATURDAYS. Est Curattu fældnight. PANESECIAL CARB Ey Aryligen at the Company's Office, Klavanatua) Pellälogi Les Nézer Road,

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

Loans on Mortgage of House Pro perty, &o.

£1,500,000 ***** 1,125,000

562,500 465,000

BANKERS: Bank of England. London Joint Stock Bank, Limited.

Every description of Exchange business transacted.

Interest allowed on Current Ac=" counts at 2 per cent per annum od Daily Balance and on Fixed Deposits at rates, which may be ascertained on application,

A. R. LINTON

Manager.

OPIUM QUOTATIONS.

Goods received on Storage." Advances mads on Merchandise; | Malwa, New Loans made on the Provident Malwa, Old Patna, New

System

Sept. 14

$8,300 per pi

8.300

9.325 per cho

9,200.

Bonares, New Benares, Old

9.050

8.8251

(Raton and Farticulare on ap- Patna, Old

plication) de

The Office of

OF TRUSTEE, EXECUTOR

WILLS ATTORNEY, &c., Undertaken and Executed;

SHEWAN, TOMES & Co.

General Managers... Hongkong, 19th March, 1908

THE ALEXANDRA CABE Cannot be Beaten, if Equalled. For Bread Caker Confectionery and meals with Wines & Liquore