1915-03-05 — Page 11

Commercial

The Extension of British Tride In Chine.

As regards any opportunity fr the extension of British trade in Ohina it should be noted that goode of British origin Lave already an overwhelming pre- ponderance over those of German origin. Out of the"£80,000,000 worth of goods imported into China in 1013, to imports from the British Empire were valued at £50,000,000. Of theso £15, 000,000 worth came direct fr.m the United Kingdom, and £20, 000,000 worth from Hongkong, which latter was lugely composed of United Kingdom produce and manufactures. Jiyan is the obief ocmpeilior of the United Kingdom in the import trade of Ohina; her sbare in 1013 having ́zaprcnipted a valas of £18,000,- COD, whereas Germany only aup- plied goida to the value of £4- 000,000. The principal articles of which the import from Ger- mony exceede "that" from the United Kngdem are arma and ammunition, artificial indigo, paper, aniline dyes, electrical goods, hosiery, and lamps. In the last three yetro Gir many has avert ken, British manufacturers in the supply of electrical "gcode; but there is reason to believe that much of the. apparent German succes is due to unsound methods of foanting business in Obica which" will not eurvive the present uphraval, and one may confidently anticipate a gradually expanding market in Chins for British electrical sup- plies. The chief point of interest to British traders as regards the export trade of Chinn is whether. they will succeed in capturing the trade in produce, cther then silk and ten, which is now largely in the hande of German mer- chants. This question is not en tirely of local interest, as trade). relations established by inexport. er react on the import trade which may be carried on by the same mer- chant. Tae-innin reason why Bri- tieb from bave hitherto held com- paratively aleaf from the cort trade in produce from the Yangtze Valley, for instance, is because ompetition has reduced pr fits in such business to a minimum andj even this minimum is very onaily converted into a loss when claima have to be paid, a contingency for which special reckoning must be made in a country like China where the propensity of produceIS to adulteration and shirt men Lures is inveterate. There con ditions will no doubt be remedied in time; they are partly due to the Ova-engeness of German firms to secure a footing in the trade atļ whatever cost, and when the pre- Bant depression acvar the sundry export business may be resumed on a sepader ong more profitable basis. While the dipression lasts, tonerer, it is impossible for Brities merchante to profit by any enforced inactivity of their com potitors; when the trade recovera merchants of all nationalities will: have to start en fqual terme.

Cotton Spinning Profits in England.

Ia his test cotton trade air; calar Mr. Frederick W. Tattersall gives particulars of the earnings, dividends, etc.. ef ostion spinning companies in Manchester, and it must be said that the showing| for 1014 is a poor one," although not so bad as for the three years, 1909, 1910 and 1911. A sam- mary of one hundred companies reduced to one buge milk ehowa that, after charging loan and mcrt- goge interest and wear and tear of plant, the net profit for the past year on à total share capital of £3,589,000 was only £53,200, ne compared with £630,800 ig 1913, that the percentago of profit on the abarb capital im- ployed works out at £1 9. 01. per cent., as agninat £14 128, 6J. per.cent Dividends paid in 1914 averaged 63 per cent, as cm- pared with 8 per cent. in 1913, and the net credit balances in hand at the end of 1914 amounted to £458,400, or £257,600 less than

at the end of the previous year.

The ection trade was already in

THE HONGKONG TELEGRAPH, FRIDAY, MARCH 5, 1915.

SHARE

REPORT.

COMPARATIVE SHARE QUOTATIONS,

S-SELLERS FA-SALES 1. BUYERS

NOMINAL

STOCK.

Sharea

To-day's

Number

Par Paid Highest Cloning of Value Up Prices

1914.

1914.

1915.

1651.

Lowest

Highest. Lswest. 25th Fab 93th Feb.

10

Last Dividend

and Dato

to

now

How

Banks.

H'kong & Shai Banking Corp (£7ól-/-

#

Marine Insurances. Centon Insurance Office, Ld.357) b North China Ins. Co., Ld.

Union Ins. Society of Cton, Ld.$830

Yengtsze Ins. Assoc. Lil

Fire Insurances, China Fire Ins. Co., Ld. H'kong Fire Ins. Co., Ld.

(£2: 3 & 5- bonus at ex 1/914 equal to $27.27 for 2 year `onding 31/12/14--

Final of $12 mak.$15 for 1910

& Int. of $3 for 1913.

E800 b

-12.000 $125

All

855 July. 700

Oct.

C00

800

b

10,00 $30

·10,000 £15

350 Dec. 50.

5 145 May

305

133

Oct." 257)

Jan. 160

$55

160'

ƒFinal of $3 a/c 1912. Interim

of $18 a/c 1913.

Final of 10 p.c. making 20

pc. for 1912

2,400 $250. 100 847 April 700 Oct.

$830

$839

Final of $20 making $50 for 1912 and Interim of $30 for 1913.

$235 bi

12,000 $100 60 20 April 19214 Jan.

235

225

.$150% R $395 b

20,000 $:00 20160 July 140 8,000 $250 00 395 Feb. 368

Oct.

150

150

$10 for 1912

April $95.

395

$27 for 1912

b.

8.

10 all all 30

H

30,000 $25

Jan. 514 Doc. 20,000 $50

Mar. 274 Nov. 29 80,000 $15 all 2014 Jan. 23. Dec.

24

F

£60,000

60,000 £3 $3,797,610 £1

79

all

Jan 50

all 106 Fob. 70/-

77 Sept.,

Sept.

75

87/0

• 87/6

..$37

40,000 $10,

all

49

Mar.

40

Nov.

37

37

Shipping China & Manila S.S. Co., Ld86) Douglas Steamship Co., Ld. $19 Hongkong. C, &:M.S.S: Co.,L.023

Indo-China Steam Navigation

Co., L

Shell T'port & Trading Co.. Lá.87/6

Star Ferry Company, La.

Refineries. China Sugar Refining Co., Le.$11 Luzon Sugar Refining Co.,Ld:$19

Mining. Kallan Mining Admin'tion. 324- Raub Australian Gold Min-

ing Co., Ld............ Tronoh Mines Ltd.

F

......

Docks, Wharves and

Godowns &c.

$65 b. Hongkong& K.W.&G. Co., Ld. ex. div. H'kong & W'poa D Co., Ld. $57 an, b SheiDock& Eng. Co. Là

S'hai & H'kew W. Co., Ld. ...921 Lands. Hotels and Buildings. Anglo French Lands...t.94 H'kong Hotel Co., Ld..........$120

H'kong Land Investment Co.$110 H'phreys Estate & F.Co., Ld. $6 K'loon Land& Building Co., Ld $41

.107 Shanghai Lands

West Point Building Co, Ld. $68) „H'kong Central Estates...$95

Cotton Milis.

Ewo Cotton S. & W. Co, Ld. t.136 Henglong Cotton Co.

Kung Yik.. Laou Kung Mow Shanghai Cottons

12,000 $50 50 128 July

$ Bo

$1 for "1906

13 for year ending 30°6′14

[Final of 40 cta. making 90 cts. 1 for. year ending 31 12 14

Final of 3% m'king 6% on pre-

ferred shares & 5% on de ferred shares for year 1913- Interim of 1/- a/c 19140.No. 23

($1.70 per share and bonus of 30 cents per share for year ending 30'4'14

Final of 5% Coupon No. 4.

making 10% for year end- ing 30/6/14"

25/61/mak. 7/6 afe, 1913

Tis. 6 on.29.2.10

$250 for "half year ending 131*12*14

$3 for year ending 31*12*14 45 cents for year 1914

Interim of 5 p.c. for year end'g 1. 30.6.13

$2.25 for half year ending 31.12.14 $4.09 for 7 months ending 31,12,14

Tlé. 1.20 for year ending 30°11'14 Tls. 12 for 1913

BANKS

INTERNATIONAL BANKING

UORPORATION.

HEAD OFFICE:

60, Wall Street, New York.

LONDON OFFICE: 12: 36, Bishopsgato, E.C."

BRANCHES

BOMBAY, LONDON. CALCUTTA, MANILA.

CANTON.

CEBU,

PANAMA,

PEKING.

COLON. SAN FRANCISCO.. HANKOW, SHANGHAI. HONGKONG. SINGAPORE, KOBE," YOKOHAMA,

CAPITAL PAID-UP" $3,250 000 RESERVE FUNDS.............. 4,060,000

(U.S. Gold) $7.310,000 All kinds of "FOREIGN &L. LOCAL BANKING BUSINESS transacted.

CURRENT ACCOUNTS open- ed and FIXED DEPOSITS received at rates to be ascertain- ed on application.,,

̈N. S. MARSHALL,

Manager." Hongkong, 22nd Oct. 1914

THE

YOKOHAMA SPECIE BANK

BANKS

HONGKONG & SHANGHAI

BANKING CORPORA

TION,

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

"Sterling"

£1,500,000 at 2/

$15,000,000 Silver:$18,000,000

$33,000,000

Reserva Liability of

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

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

Chairman.

8. H. Dodwell, Esq. G. T. M. Edkins, Esq. O, S. Gubbay, Esq. P.H. Holyoak, Ing." J. A. Plummer, Esq.

Hon. Mr. E, Shellim,

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.

ON FIXED DEPOSITS. For 3 months, 2 per cent per

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

19,250,000 For 6 months. 36 per cent peT Head Office. YÖKOHAMA,

Brincko Astung-Huian

Hoabay

Calcutta Changchea

Duren

Foogita

Harbin

Hooker Hanstula

Kobe

Liao-Yang

Leaden

Lyona

Tingtat

***

11

Axenciaï at

Nagasaki

Newchwang New York Otaka

Fakia Ryolun (Part Ambar)

San Francisco Shanbal... • Tiebling

Tiental

Toky

Los Angeles Tsingtan

Interest Allawed on Current Acccent.. Deposita received for fixed prilode ni ratas to be "Eited or application.

annum.

annum.

For 12 months, 4 per cent per

annum

N. J. STABB.

Chief Maragez.

HONGKONG SAVINGS BAŃK TBank is conducted by the THE Business of, the above

HONGKONG AND SHANGHAI BANKING ・・・ CORPORATION Rules may be obtained on ap

EISHI ONO, Manager.plication. Hongkong, 17th October, 1914.

NOTICES,

CHINA

PROVIDENT LOAN AND MORTGAGE. CO., LTD.

(Capital Paid up...$1,250,000.) Loans on Mortgage of House Pro porty, &c.

Goods received on Storage. Advances made on Merchandise: Loans made on the Provident

System.

(Rates and Particulars on ap-

plication).

OF

The Office of TRUSTEE EXECUTOR

WILLS, ATTORNEY, &0:, Undertaken and Executed; -

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

b.

20,000 $100: all 7,000 $100 all

96 31

Feb. 70 Nov. Jan. 17

111

109

$3 for 1912

Doc.

19

19.

$3 for 1897.

B. !,000,000 £1

$34 "b. 200 000 £1 .27/6 b. 160,000 £1

all 41-

all 3.10 Jan, all 99/- Feb.

Feb. 33/6 Dec. 32/

32/-

31 1.90 Nov. 19/6 Nov. 276.

314

1/2 for 1909

C0,000 $50 all "50,000 $50

89

" Jan. 73 Nov.

69

65

$3.50 for year 1913.

all

77

Jan.

53

Oct.

57

$3 dividend for year 1913-

b

56,700 t. 100 all.

60

July

50.

Deo. 52

52

Tls. 5 for 19'3

b.

$6,000 t. 100 all

109

Jan.

8216 Dec.

9214

921

Interim of The 3 for 1913

THE

}

25,000 t.100 t,100)

94

94

120 Dec.

124

120

50,000 $100 all' | 11756 July | 98. 160,000 $10

Jan. all 94

7 60,000 $50 20-451 78,000 t.50 all 98 19,500 $50 all | 73 10,000 $100 all

Nov.

.110..

110

Nov.

6+

Jan. 44

Dec. 89

Feb.

41

41

$3 for 1914

Octop

107

101

June 68

Feb. 681

68

95.

95

b.

861

b

.1234 b. .86 b. ....t.89. b.

8,400 t.100 · all

all 20,000 1,50

138 July 195 all 125000 $10

814 Mar. 7 75,00 t.10 all 144 Jan. 11. Feb. 70

136 May June. 6)

134 64

Tla. 12 for year onding 31°10′14 ̧. 50 cents 31708

40,000 1.50

all

130 135

Mar. .:122 12 May 26 Feb. 70 Nov. 8316

84

89

Tis. 10 for year ending 30'6'13

4

c0000 5.

all

12

50.000 35

S.

All 50,000 $1 all 200,000 $10, all

40.000 7

Dec. May, 10

4.90 July 4 April

11

11

$1:20 for 1913

6% for year ending 28 .2.05

1

9

.6 39

B. "400,000 $10

b

90,000 $10

all' all

b.

b.

5,000 $25 60,000 $10 all

W

45

.$6

6.90 49 all | 21716 July 174

June 22. 25 325,000 5/- all 13- July 7- Feb. 5.20

250,000 10 all 64 Mar. 28 Dec.

25,000 $10 all 1014 Jan. 914 50,000 $18 "$1.93 cte, Jan. .75,000 $10 all

10

-13,200 $50 all

20,000 $5

Nov. all 500 Juno 4 50,000 $100 all 224 Feb. | 17

Jan. 17 90,000 $10 all 8 April 6.96 Deo.

Jan. 7 June. 35 Jan. 5 Jan: 36.

Nov. 74

Aug.. Deo.

74 35

70 cta, for 1914.

5.40

5.40

Nov.

42

Dec: "190 Apr.

*190

26

$2 for 1913

5.20

40

38

June

10

75 cts. Dec,

181

6.

$1.50 for 1910.

20

20

None

4

4

17

7.

...

...80748.

..$29

2.1'00 87 ali 94 Jan. 614 Deo. 6)

6,000 $25 all 30 June 92. Dec. 29

611⁄2

29.

WRIGHT & HORNBY,

Share and General Brokers.

Miscellaneous," "

China Borneo Company, Ld, $11 China Light & Power Co.,)

Ld. $4

Do. (Spec. eharos) ................. China Provt, L. & M. Co., Ld.7}" Dairy Farm Company, Ld.....$35 Green Island Cement Co., Ld. 5.40) Hongkong Electric Co., Ld. ...$42 Hongkong Ice Company, Ld. $190 Hongkong Rope Mfg. Co., Ld. $26 Hongkong Tramway Co., Ld. 5.20

Langkate

.t.39

Peak Tramway Co., Ld. (Old) $10.

Do.

(Now) $1

Philippines Ld...... H. Price & Co., Ld. Societades Pulpes et Papier-

#20

teries du Tonkin, Steam Laundry Co., Ld........$4

Union Water-boal Co., Ld.....$17 Watson and Co., Ld. $7 William Powell, Limited.

8. C. Morning Post

a depressed condition before the F/T........

Selling

kisasa e g5

$1,50 for year ending 31'7'14

40 cts. for 1911,

$1.80 per share for 1913

Interim of $2 m/c 1914-

T

....

Final div. of 6d, making 74d.

per share for 1913

Interim of T. 1 making T. 2

a/c 1913

(80 cts, on fully paidshares and 8 cts. on $1 paid shares for year ending 30.4.14

5 None

35 cte. for year ending 315′14

f$1:00, per share for year end- :

ing 31,12,1914

70 cts, for 1913

(50 cts, on old shares and 25

cist on new year shares for year ending 30.6.14

$1. Interim a/c year 31.8.14

6, Des Vœux Road Central. Tel. address, Reclitude. CORRECTED TO NOON MAR, 5, (915,

THE TELEGRAPH DOES NOT HOLD ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATIONS.

war broke out and made matters Demand,1/9 5/16- worse, but since the New Year 308/8.1/936 began there has been some im 60 d/91/9 7/16, provement in the demand from

4m/8.1/9h

one or two quarters, and, although 1915 will not be a period of big TT Shanghai.....78 profits, Mr. Talleres li says there is Private 30 d/s sight every reason to expect that cotton T/T Singapore spioners and manufacturers will T/T Japan. "held their own and that the end T/T Indis

are probably be better than the beginning.

of the year will

.76

87

******183

Demand India. ...1331- T/T Bombay.

Demand Bombay...1334 T/T Calcutts

EXCHANGE.

Demand Caloutta...133 1/4 Demand Manila ........... 8714 T/T, San Foo & N.7.423⁄4 Demand, New York 42 7/8 T/T. Java T/T Marke

107% Nom

Demand Germany.......

T/T Franes.... Demand Paris... On Haiphong On Saigon *** On Bangkok

Buying

2.23 2.24

7% prem

244

87

4 m/n. L/C,...1/10 4 m/s. D/P.........1/10

6 m/s. L/C.1/10 3/8" 30d/8.8'ney&M, 1/101⁄4”

30 d/a.San Fcc&N.Y44)

4 m/s, Marks, Nom

4 m/er France (270, 72.3436/

6

do

$2.3914

W

PEAK LIMITED...

EAK, TRAMWAY ( )

TIME TABLI

WIIK DAYS.

3,00 ậu, la 100 and, (Every 15 Mar, 1,001à‚M, 10° 10-40 AM.

10,00 AM la T000 AN;

20:45 PM ED

to Mu

* Mow

19 Blur:

野

"

İsgɔ A.M.. 10 · 18.43:7MU

10

1.53 73,

»

10 MIN

2.43 PM

5,00

21 MINI

10 ME

-

3 Ma

13 PM, 19

bars, rat, to

7:00 PM: 10 307.M... 10 MI

NIGHT CARS,

8.50,2M) and a ratų ogą zmi ka

IT CO TIM <Avery half hour

$1.00 2. Ó FT4S F.MI

every quarter of an hour,

SUNDAYE

1,43 am, tờ, 20-30-am, Every:oj Mix.......

TOZÓ AJK SOČ 21,90 A 16,1,A

TO MIMI

11:30 AM, 10-M1800 Boar (19

3 M.

IMO NOON SO 1.00 22.

1

15 M

15 MIN1

1.00 7. 10

5.00 2.404

ù Ma

6:00 PM, to

Is Ma

$100 PJM, LO

10 M

$.00 7. 10 5.00 N

1,00 F

NIGHT CARS as da Week Days:

SATURDAYS

Extra Cart in' midnight.

PECIAL CARE

By, Arrragement st the Company's Office,

Alamanten Beltpar

Des Voeux Rond

CHEAP SALE.

INTEREST on deposita is al- lowed on the minimum monthly balances at $3 per cent. per sã- |num;

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

For the Hongkong and Shang hai Banking Corporation.

N. J. STABB,

Chief Manager"

THE MERCANTILE BANK OF INDIA, LIMITED.

Authorised Capital Subscribed

Paid Up Reserve Fund

£1,500,000

1,125,000

562,500

465,000

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

Every description of Exchange business transacted.

Interest allowed on Current Ao- counts at 2 per cent per annum on Daily Balance and on Fixed Deposits at rates which may be ascertained on application.

A. R. LINTON

Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND

CCHINA.

Incorporated by Royal Chartor 1853.

HEAD OFFICE-LONDON, Paid-up Capital: ...................£1,200,000

....£1,800,000. Reserve Fund...

Reserve Liability of -

Proprietors.................£1,200,000.

FOREIGN EXCHANGÉ and General Banking business trans-"

The undersigned, who are giv-noted. APAR

ing up business, are now sacrifio-

CURRENT ACCOUNTS open- ing all goods.

-ed" and FIXED DEPOSITS re- Special terms for large ceived for 1 year or shorter periods quantities. Come soon to avoid at rates which will be quoted on disappointment.

application.

The following are a few lines carried:

Wm, DICKSON.

Manager.

Tweeds, Serges, Woollen Vests Hongkong, 11th April, 1912. [#

5th March.

and Drawers, Woollen Socks, Felt and Tweed Hats, Panama Hats, Dress and Fancy Shirts; Boots and Shoes, etc, etc., etc.

*

(Gold Leaf per tao...........857.20

Sovereign

..$11 BarSilver. ready.

23.1/8

forward

SUBSIDIARY COINS.

Discount per $100;* Chinese...20.ots.pieces $20 3/4 Chinese...10, $21 14 Hoogkong.20 ots, pieces $15 3/8 Hongkong. 109

$15/9/16:

WING FAT ÜHEÖNG,

High Class Tailor,!**

OPIUM QUOTATIONS.

24, Des Voeux Road Contral, Malwa, New

SINGON & CO.

Established A; D. 1880,

RON, STEEL, METAL and HARD

WARK MERCHANTS. Whalesale and Ratall: Ironmongers, Pig Iron and Foundry Coke Importers, Gstieral Store, knopera and Rhipehandleri, No. 35 and 37, Hing Loong Street, (2nd Street

hen, 204511

Malwa, Old

Dec. 19 ....$9,025 per p

9.125

9,325 perche.

Patus, Now Patna, Old

·9,200

Benares, New Benares, Old...

9,050

8,825

in

CATE qualled

THE ALEXANDR Cannot be Beaton, if For Breed Cakes, Confectioner and meals with Wine & Liquor.