1915-05-05 — Page 11

THE HONGKONG TELEGRAPH, WEDNESDAY, MAY 5, 1915,

SHARE REPORT.

COMPARATIVE SHARE QUOTATIONS.

5-SEILERS FA-SALES

́ ́. B-DUVERS

NOMINAL

To-day's

1914..

STOCK.

Number Closing of

Shares Prizna

Par Paid Tilgheat Value

Up

1914.

Lowest

1915. 1915.

Highest, Lowest, 30th Apr. 30th Apr.

Laat Dividend

and Dato

to *Ow

to

110 फ

fFinal of $3 a/c 1912. Interim

of $19-a/o 1913.

Interim of 12) -p.o. for 1914

(Final of $20 and bonus of $5 making $55 for 1913 and Interim of $30 for 1914- Final of $15 mak. $18 for 19:3

& Int, of $3 for 1914

Banks.

H'kong& Shai Banking Corp.

$800

£76/-/-

120,000 $125-all 855 July. 700

Oct.

600

860

1:3 & 5 bonus at ex 1/91 equal to $27.27 for year ending 31/12/14

b.l

b.

10 002 $950 BO 350 Dec. 305 10,000 £15 £3. 145 May 133.

Ost,

983

380

Jan.

170

169)

$855

$855

12,000.8100 60

'2:0 April | 1921⁄4 Jag.

220

220

..$130

20,000" $100 20

8,000 $250 50

160 .895

July 140 Feb. 368 April

Oct

· 130

130

$9 for 1913

385

385

$27 for 1913

9.

b.

b.

30,000 $25 20,000 $50. 80,000 $15 all 2914

.all

10

Jan. 514

Dec.

51⁄4

51

$1 for 1906

all

96

Mar. 27 Nov.

44)

42

Jan. 22

Dec.

2216

22)

£5

} all 79

Jan. 1.50

all 106 Feb 70/- Sept. 93/6

Sept.

93

98

93/6

8. 40,000 $10

all .49

Mar. 40

Nov. 36

35

b.

ཚོ

$3 for year ending 30'6714

fFinal of 40 cts, making 90 ots for year ending 31-12-14 Final of 3% m'king 6% on pre- ferred shares & 5% on de- ferred shares for year 1913 fInterim of1a/o 1914C. 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.

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

96) 91

Feb. 70 Jan, 17

Nov. Deo.

116

116

$3 for 1912.

28

26

$3 for 1897

$314 .32/6

all 6.1,000,000 £1

b. 200 000 £1 all 3.10 Jan.

39/- a. 160,000 £1· · all

41/-

Feb. 33/6 Dec.

33,6

33/6

#

1.90 Nov. Feb. 19/6 Nov.

3.85

.312

32/6

5838

اه

3.3

Commercial,

The Tin Position.

A tour through the K na Va'- ley does not convey the impres sion that be. tin industry is suf fering greatly as a consequencs of the War. It would be idle to deny tht the Wär has not affected the industry, but it would ha wrong to assert that it has in any way crippled it. The satisfactory range of prices that have ruled for the metal during recent months bas dissipated the feeling of gloom and uncertainty that exist- ed when Wir iroke ou'. The position, generally sperking, is eminently satisfactory. The drop in the price at the beginning of the War, and the decided feeling of uncertainty curtailed opera tions to a very great extent. Labrusers were repatrialed, atd the labour market wag retained at a level to meet the reasonable

of demanda

the industry only. Thus when prices rose, the industry assumed a healthy tone. Operations were still our- tailed, and the output did not increase in such a way as tend to. influence the market downward. In a way, I think that the setback "has been good for the industry, Mizers have been inolined to bine their calculations on boom prices, and in this way have looked upon the economic possibilities of the industry from too high a standard The reduction in prices has tend ed as far as possible to bring about|"

a reduction in working corte.

It is a psychological fact that tho Success or otherwise of a Tenture is largely instrumental in deciding the expenditure on It a basinese that venture.

is going well, it is a singular thing that expenditure assumes higher proportions, than if things were only working out on & moderate basis, this although the lower ex- penditure is all that is essential for the reasonable" operation of the business. It seldom happens that the lower expenditure is adhered to in prosperous times. With the advant of prosperity there ecmes a slackness in the cate. regulation of werking

There is a limit, under which & business is likely to suffer, and it would be unbusinesslike to cut under that limit; but at the same time it is necessary to allow a middlecourse between that limit and an unnecessarily high expenditure. Unfortunately the allowance is not always made. On the contrary, the tendency is to expand the expenditure with the existence of the period. of prosperity.

Well, that is precisely "what happened when prices were ruling high and all was going as a marriage bell. Thess times came to be regarded as normal, and the expenditure, as normal. When a fall in the price came about, and the low range continued,| there was an estrangement be- tween the prices and the working costs and a re-adjustment became absolutely necessary if the mines were to make ends meet: So mia- ors set about cutting down their oosta, and they found that they could do so without impairing their operations. The War, therefore, has brought about a sounder It showed economic system. through compulsion what could be done. The result is that the miners have adjusted their economio ideas, and in future operations will be conducted on the new basir. Now that prices are again ruling on a satisfactory level, the miners are- rasping the benefit of the reduced coste, and the industry generally is econ. omically sounder.

What the tin market will be at the conclusion of the War is pro- blematical, but it is pretty safe to prophesy that it will be, none too steady for a time. There, cf course, is no need for alarm. The market is fairly sound at the moment, and the industry here in healthy. This, we should think, will{ continue during the whole period of hostilities, but it seems only to be a natural deduction that when the question of peace is being considered there will be a great uncertainty. By then the War. demand will have fallen off, and industry will be unsettled, Natural demand will soon step in, how ever, and we do not think that

rule

low prices will mile long

гор

turns out then so much the better for the miners; if it is correct it will mean that they will be in a posi tion to meet the situation without in the least finching - T&

Marine Insurances. Canton Insurance Office, Ld.380 North China Ins. Co., Ld. 170

Union Ind. Society of C'ton,Ld.$855 b

2/

Yangtze Ine. Assoc. Ld.....$220

Fire Insurances, Cains Fire Ins. Co., Ld. H'kong Fire Ins. Co., Ld.......$385

Shipping.

China & Manila 8.S.. Co., Ld$514 Douglas Steamship Co., Ld. $44} Hongkong. C. &MBS. Co.Ld221

Indo-China Steam Navigation 198

Con Lả

12,400 $250 100 847) April | 700 Oct.

I 60,000 60,000 Shell T'port & Trading Co.. Ld.93/6 b. 3,797,610 £1

Star Ferry Company, Ld. ...$36.

Refineries.. China Sugar Refining Co., Ld.$116 sa. b.j Luren Sugar Refining Co.,Ld.$26

Mining.

Kailan Mining Admin'tion. 33/6 Raub Australian Gold Min-

ing Co., Ld.

Tronoh Mines Ltd.

Docks, Wharves and

Godowns &c.,

H'kong & K.W. &G. Co., La: $67 b H'kong & W'poa D. Co.. Ld....$57 S'haiDock& Eng.Co. Ld. 53 S'hai & H'kew W, Co, Ld....85

.

Lands, Hotels and Buildings, Anglo French Lands...........t.94 H'kong Hotel Co., Ld. “...........$118

H'kong Land Investment Co.$108 H'phreys Estate & F. Co., Ld: $7 K'loon Land& Building Co., Ld 840 Shanghai Lands...................101 West Point Building Co., Ld. #69 H'kong Central Estates

Cotton Mills.

Ewo Cotton S. & W. Co., Ld. 1.142 b. Henglong Cotton Co.

Kung Yik

Laou Kung Mow Shanghai Cottons

Miscellaneous.

China Borneo Company.Ld.$10 China Light & Power Co.,

Ld. $41 Do. (Spec. shares). China Prost. L. & M. Co., La. 8 Dairy Farm Company, Ld.....$34 Green Island Cement Co. Ld.... 6.85 Hongkong Electric Co., Ld. ...143. Hongkong Ice Co., Ld. 8184 Hongkong Rope Mfg.Co.,Ld....8261 Hongkong Tramway Co., Ld. 5:10 Langkats...

.............t.40

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

Do

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

teries du Tonkin ........ Steam Laundry Co., Ld.... Union Water-boat Co., Ld. ...$164 Watson and Co., Ld...........$7 William Powell, Limited.

c0,000 $50" all 89 Jan. 73 Nov. 50,000 $50

b. 125,00 $10

...$631⁄2 8.

........ ..... $29 ..

WRIGHT & HORNBY,

8. C. Morning Post

T/T

Demand 80.d/s 60 d/s..

T/T Shangbai.... Private 30 de sight T/T Singapor Т/Т. Зарал

..$100

60,000 $100 all | 11731⁄2 July | 98.

914 150,000 $10 all

Jon. 7

•

SOME 28 AER

making 10% for year end-

- ing 30/6/14

1/2 for 1909

32/6 1/-mak. 7/6′′a/c. 1913

$3.50 for year 1914

$2.50 for half year ending

31*12*14

$31 for year ending 31'12'14- 45 cents for year 1914

Final of 6 p.o. making 12 p.o.

1 for 1914.

$2.25 for half year ending 31.12.14 14.09 for 7 months ending 31.12.14

Tls, 12 for year ending 21°10′14 50 cents 31'7'08

BANKS

BANKS

INTERNATIONAL BANKING HONGKONG & SHANGHAI

CORPORATION

HEAD OFFICË:

60, 'Wall Street, New York.

LONDON OFFICE:

36, Bishopsgate, E.C. BRANCHES-

BOMBAY, LONDON, CALCUTTA. MANILA.

[CANTON,

QEBU

PANAMA.

PEKING.

COLON. SAN FRANCISCO. HANKOW: SHANGHAL! HONGKONG: SINGAPORE. KOBE YOKOHAMA

CAPITAL PAID-UP $3.250 000 RESERVE FUNDS 4,060,000

(U.S. Gold) $7,310,000 | Fall kinds of FOREIGN & | LOCAL 'BANKING BUSINESS

transacted...

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

N8. MARSHALL

Manager. Hongkong, 22nd Oct. 1914

THE

YOKOHAMA SPEOLE BANK

LIMITED.

Established 1880. Authorized Capital Yen 48,000,000 Paid-up Capital. 30,000,000

群 Reserve Fund

14

BANKING CORPORA-

TION,

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

RESERVE FUNDS:

Sterling

£1,500,000 at 21-

-$15,000,000 Bilver$18,000,000

Reserve. Liability of

Proprietors

$99.000.000

$15,000,000

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

Chairman,

8. H. Dodwell, Esq GT. M. Edkins, Esq A0, 8. Gabbay, Esq

P. H. Holyoar, Eag J.A. Plummer, Esq. Hon. Mr. E. Shellim,

CHIEF MANAGER. Hongkong—„7. J. Stał! -

MANAGER Shanghai-A. G. Stephen. London Bankers-London County and Westminster. Limited.

Hongkong Interest Allowed: On Current Account at the fas of 2 per cent per annum on daily balance.

ON FIXED DEPOSITS. For 3 months, 23 per cent. par

annum

""annum.

19,600,000 For 6 months. 31 per cent

For 12 months, 4 per cent par

annum.

N. J. STABB.

Chief ManagOF.

Head Office,—YOKOHAMA,

Artung Hi

Agencies al Nagasaki

Newchwang

Branchm

Bombay Cakulta Changchun

Dabran Fangam

Harbin

Hankow Hedonis

Kobe

Bao-Yang

Londən.

Lyona

Tiingian

New Yoch Denks

Pokia 7

2yaius (Fort

ArhiTM

Sea Franciaco Stangha

TILIST

Tientsin

Taky

Los Angeles

Tringian

Internat Aflowed on Current Account.

25 Deposits received for fixed periods 'st zaten kal du sturised on application.

EISHI ONO, Manager. Hongkong, 15th March, 1915,

NOTICES.

HONGKONG SAVINGS BANK

“HE Business of the above THE

Bank la conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION Rules may be obtained on sp→ plication.

INTEREST on deposits in al- lowed on the minimum monthly balances at $3 per cent per a

num.

Depositors may transfer.at thoir option balances of $100 or more to the Hongkong and Shanghai

'PROVIDENT | Bank to be placed on FIXED DEPOSIT 4 per cent., pen

LOAN AND MORTGAGE

CO., LTD.

(Capital Paid up...$1,250,000.) Loans on Mortgage of House Pro perty, &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, &c, Undertaken and Executed.

SHEWAN, TOMES & Co. General Managers: Hongkong, 19th March, 1960

65

all

77.. Jan. 53

Oct.

57

$3 dividend for year 1914

55,700 t. 100 all 36,000, 100 all

60 July 50

109

Dec. Jan. 8214 Dec.

53

Tis. 5 for 1913

85

85

Tis. 5 for 1914

THE CHINA

13,000 1,100.6,100)

94."

94

Tle. 61 for year ending 29.2.14

F.

20,000 50 50,

128

July

120 Dec.

118

", 118

Nov. 1(8

108

B

Nov.

?

Η

b.

6,CCD $50 L

45

Jan.

44

Feb.

40..

40

$3 for 1914

78,0.00 6.50 all

98

Deo. 89

Oct.

101

12.300 $50

all

73

June 66

Feb.

68

8

10,000 $100 all

100

100

20,000 1,50 all

138

July 125

May

142

.$7+

125.000 810" all

814

Mar.

7

June

714

:13

75,00 t.10 all | 34

Jan. 11

Маг.

13

.86

.t.911

8,000 t,100 all 110 40,000 1,50 all 135

Feb.

Fer

70 70

May 86 Nov. 92

86

Tia, 1.20 for year ending 30'11"14 Tis. 12 for 1918

91

f Div. Tls. 6. Bonus Tls, 4: Extra Bonus Tls.1, year end'g'30′6′′14°

60,000, $19

Dll

12 May 10

60,000 $5

all

2.

4.80 July

4.

Dec.

April 414

50,000 $1

all

9

*Jon.

Nov. 8

b.

40,000 70

39

June 35

Aug.

34

34

.b. 400,440 $10

all

6.90

Jas. 5

Dec.

60,000 $10

49.

Jan. 36

Nov.

b.

6,500 #25 60,000 $10 b. 325,000 5/-

all 21714 July 174 Dec.

all

25

June 22

6.85 43 184 Apr. 261

694

50 ots.for 1914.

43

$1.80 per share för 1913

184.

ali

13- July 7}

Feb.

5,10

*.5.10.

6424 Mar. 28

Dec.

40

371

10

30

: $1

$1

ཊྛ ཝཱཏྟཊྛ ཏཱབྷཱུ བྷུ བྷཱུ བྷུ ཚཏྲཱ ཏྟཾ ཏྠ ཀྑཱུ ཀྑཱུ

b250,000 g.10 all

all 10 Jan. 94 June

5,000 $10 $1. 93 cte. Jan. 75 cts. Déc.

28,000,$10

$85 cents for 1914-

6% for year ending 28.2.06

7.90 70 cts, for 1914

$1.50 for year ending 31.7.14

Final of 86 making $8 for 1914 2614 Final of $1 making $2 for 1914

Final div, of 6d. making 7}d

per share for 1913

Interim of T, 1 making T. 2

a/c 1913

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

None

$1.50 for 1910.

35 cts. for year ending 315 14

$1.00, por share for year end-

ing 31,12,1914

(New)$1

S.

..$4

b.

75,000 $10

all.

...$5

12,000 $10

10

$20 .$334

13,200 $50

all

20

20

None

B

20,700 $8

all

5.00 June 4

Nov.

394

27.723 910 all

2214 Feb. 17 Jan. 16

16

90,000 $10 all 8 April 6.90 Dec. 7 21/00 $7 all 912 Jan. 616 Dec..

6,000 $25

June. 92 30

,

70 cts. for 1913

€16

Tee. 29

29

Share and General Brokers

#

?

50 cta, on old shares and 25

cts, on new year shares for year ending 30.6.14*

11. Interim a/c year 31.8.14

6. Des Vœux Road Central. Tel. address, Rectitude.

CORRECTED TO NOON. MAY, 5, 1915,

THE TELEGRAPH DOES NOT HOLD ITSELF ERSPONSIBLE FOR ANYOF THE ABOVE QUOTATIONS.

Selling,

4/94 1/9 13/16

1/934 ...1/9 15/16 ..1/10. .78:

T/T India *****

777/8 89 1/4

136 1/2

¡Demand India TIT Bombay

..13694

Demand Bombay 136) TIT Calcutta. Demand Calcutta...136) Demand Manila 89-1/4 TIT Ban Fco & N.V.135% Demand, New York 4341 TT Java T/T Marks.iiriss Demand Germany

10% Nom.

EXCHANGE.

T/T Francs. Demand Paris

2.30 2.30

On Haiphong........74% prem. On Saigon ............mit? On Bangkok.85

4m's.DP.

Buying

1/10 1/2: 1/105%

1/107%

16 ms. L/C

30.d/s.. 8'ney. & M. 1/10

90 18. Ban 1 có &N Y451%

4 m/s. Marka............. Nom. 40m Frános.,41

5th May.

6 m/s. Franos.....2.46 Gold Leaf por tael.$56.90 Bovereign

$10.80 nom. Bar Silver, ready. 23 5/8

forward

SUBSIDIARY COINS.

Discount per $100; Chinese...20 ots, pieces $1696

162

10

20 cts, pieces $91/4 210

PEAKTE

EAKTRAMWAY

LIMITED,

TIME TABLA.

7.00 AM to

WEEX DAYS.

annum,

For the Hongkong and Shang hai Banking Corporation;

N. J. STABB,

Chief Man agert

THE MERCANTILE BANK OF INDIA, LIMITED,

Authorized Capital. Subscribed

Paid Up

Reserve Fund

BANKERS

*£1,500,000 $1,125,000

Bank of England.

568,500

300,000

London Joint Stock Bank, vy Limited. "cate Every description of Exchange 00.business transaoted. Ran

8.00 4 BYERT 15 Min.-

10.00 AM 10 1200 ANOSTI MINIS

13.30 A.M, 10:18.45 (TMA4

5,45 2.0)

GOR YOU.

гр

kao nati

新

Mr.

# 20 Mt

NIGHT CARE UN

· 1,16 2\m] nad ̧9 PM 3:30 PM, to

28.00 FINIWvery hill boun..::

11.00 7 to 11:49 734:

by every quarter of an hour'

SUNDAYS

749 AM to 19:30 456, Brazy 15 Min

20:30 4.2, 10 11,00 Aant $11.50 .. 15,12.00 Noo

21.65 3LOCH 10, 1220 FALL........... 11

1.00 3.31 LO 25.00 PM):

10073420 5.00 136

100 15, 1

-25 Mxx. 10

10 MIN.

to Men

NIGHT, CARS ma, on Waak Days

KATURDAYS

Extra Cus- sky is, midnight

SPECIAL CARS' "Avrungenmi at the Company's CS:

"Alexanden | Bendings, Das Voeux Bond

SINGON & CO.

Established A., D. 1880, RON, STEEL, METAL and HARD- WARE MERCHANTS. Wholesale and Retail Ironmonger, Pig Iron and Foundry Coke Importers, General Store- bepers and Shipchandlers, No. 35 and 37, Hing Loong Street, (2nd Street wort of Central Market) Telephone No. 815

MARTIN'S APIOL & STEEL EPILLS

•XY}<#>h kamedy tovall Isratulárisina, Jacuserie di fades always keeps her Martin'e d'in the house, so stint on the dres Wen of an irregulssity of the Wyning “ imsly dose may be adolatsjered. Those Lo was an abommend them, konsa instr ene -move die. All Chemisžgutid Stores MelƐ chea Aoughout theorich of pon: free do JA JETIN, Czemist, Southampton, Bog-

MARTIN'S

APIOL & STEEL

RIZURE PILLS

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

ARLINTON mer Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal

Charter 1853,...

HEAD OFFICE-LONDON. Paid-up Capital £1,200,000 Reserve Fund.....£1,800,000 Reserve Liability of

Proprietors...............£1,200,000

FOREIGN EXCHANGE and General Banking business trans- noted." optIMEIRAN US

CURRENT ACCOUNTS open- ed and FIXED DEPOSITS re- ceived for 1 year or shorter periods at rates which will be quoted on application.

Wm. DICKSON,

Manager. Hongkong, 11th April, 1912. “[ #

Feb. 25 $9.100 per

9.200

OPIUM QUOTATIONS

Malwa, New Malwa, Old Patna, New 9,325 perobe. Patna, Old BMI: 9,200. Benares, New........... 9,050 Bonares, Old................. 8,950

TH

ALEXANDRA CAFE Cannot be Beaten, if, Equalled For Bread Cakes, Confectionery and meals with Wines & Liquors