1915-09-29 — Page 12

COMMERCIAL

Future of Silver.

In certain New York quarterą, great hopes are being built upon the fature of silver after the con- clusion of the war. It in voLY natural for, the United States of Americs to be desply interested in the matter, for" silver cooppies a very important pisos among the industries of the Republic. It is responsible for considerably over a quarter of the world's output)

"Tuc. HONGKONG, TELEGRAPH, WEDNESDAY, SEPTEMBER 29, 1915.

SHARE REPORT.

COMPARATIVE SHARE QUOTATIONS.

FAMSAIFSN-IUYERS

`N-KOMINAL

NOTICE

NY CARLSBERG BEER.

The world famel DANISH brew, for years known as the finest Beer specially brewed for the Far East,

To-day'a

1914.

́1914. 1915, 1915.

STOCK.

Closing

of

Number Far. Paid Valup Up Sbares

Highest

Lowelt

Prlock

Highest, Lowest, 14th May. 14th May.

now

Last Dividend

[Date

to now

IT'S PURE,

IT'S CLEAR,

IT'S CHEAP,

IT'S BREWED

BY

NY CARLSBERG

and the value concerned represente

Banks.

AND

an asset of between seven and

$895 B

sight million pounds sterling To H'kong& S'hai Banting Corp.

120,000 $135

855 July 700 Oot. 845x div, 790c, div.

(£2/3) at 1/9 5/16 equal to

$24.21 for 14 year 30/6/15.

SUITP

a certain extent there Lopes are

£72/5/4

justified. The demand for the

arta and industries has languish Marina Iosurances,

b.

10,000 1250 50

10,000 £15 £23

350 Dec. 305 115 May 133

£95

360

Final of $4 a/c 1918, Interim

of $18 a/c. 1914.

160

Interim of 12 p.e. for 1914

THIS CLIMATE IN

ANY KIND

BREWERIES

COPENHAGEN

DENMARK

B.

12,400 #250 100

#

12,000 $100 60

847) April 700 Oct. $272

245 210 April | 19214 Jan.

£855

225

(Final of $20 and bonus of $5 making $65 for 1913 and Interim- of $30 for 1914 Final of $15 mak. $18 for 1913

& Int, of $3 for 1914

BY CARLSBEN

AND IS OF

20,000 $.00 30 8,000 $250 00

160 July 140 Oct

162 Feb. 368 April “420

130

$9 for 1913

385

$27 for 1913

TEL: 636

all

Jan: 514 Dec.

36

Mar.

2714. Nov.

50 ata, 91:

30 ots.31 for 1906

45

80,000 815

all

294

Jan.

22 Dec. 23

19

£5 } all

79

Jan. 50

ཙེ ཚ

3

ed considerably from causes, Canton Insurance Office, Ld.4275 direct and indirect, throughout the North China Ins. Co., Ld.£165 b. widely extended ares of hostilities. 3

The removal of restrictions that

how obtain, the reopening of Union Ins. Society of Cton,Ld.8970 closed markels, and the return of [2

Fire Insurances, i

China Fire Ins. Co., Ld.....:8162 b.

kong Fire Ins. Co., Ld.......$420

ե.

freight and assurance rates to Tangtaze Ine. Assoc. Ld. $245 ex 73 normal quotations, will undoubt- odly increase demand for the metal; but it will be naturally some time before that portion of the demand which relates to paze itema of luxury will regain the

Shipping. (40 cts. b. x the re- healthy condition which ante 0.&M.S .8. Co., Ld. (turn of $4.50 per &30,000 $25

b.! 20,000 $20 all datad the war. It is not, however, Douglas Steamship Co., Ld....$88 apon such consideration that New Hongkong, C. & M.S.S. Co., Ld 20 b. York bases its extreme optimistio pasayt view as to the prospects of silver, Indo-China Steam (0.6152 x 9 % dív b, but upon the fact that the paper

Navigation Co., Deferred #90 b. 80,000 1'60,000 Ld............... currency of certain combatant

Preferred 59-b. Powers has been raised to enorm Shell T'port &Trading Co.. Ld. 90/- 6-3,797,610; £1 ous figures. The idon is suggested that when peace arrives thesO Powers will find themselves com- pelled to create metallic reservea in a ratio, bearing some favour-|| able proportion to that held in China S Refining Co., Ld......$130 b.

Luzon S. Refining Co., Ld.

Star Ferry Company, Ld....$35

Refineries.

Mining..

Sept. 15711⁄2 96

all 106 Feb, į 70/--- Sept. 90/- x div. 82/-

=

x div.

32

$46 for year ending 30.6.15

Final of 40 ots. making 90 ata 1 for year ending 31.12.14.

sp.o. on p, . &Spo, onda for year 1914 shares quoted ex 5.p.c. div.in H'kong from29.2.15. an interim div of 6 po, on the comba.Sh, zaid in L. 23.9.15 Final of 5/- (Coupon No-24) "

making 7/- for 1914 ($1.50 per share and bonus of 40 cents per share for year ending 30'4'15

b. 40,000 $10

all

49

Mar. 40

Nov.

37

...$4014 b.

20,000 $100 all 96 7,000 $100 all' 31

Feb. 70 Jan. 17

Nov. Deo..

134

111

$3 for 1912

46

2712 #3 for 1897

Decks, Wharves and Godowns &c, 'kong & K.W. & G. Co., Ld....$79 H'kong & W'pos D. Co., Ld...8811 S'hai Dock & Eng. Co., Ld. 60 S'ha! & H'kew W. Co., L. 92

Lands, Hotels and Bulldings. Anglo French Lande....91

'kong Hotel Co., Ld.......

gold in the prewar period, and that there will bë such a rush for gold that the síčok in oxistencojn and the gold freshly produced Kailan Mining Admin'tion...30/- will not suffice to go round, and Raub Australian Gold Min-

ing Os, Lda., that, as a matter of necessity,

Tronoh Mines Ltd...31/6 silver will be brought into a

Ural Caspians....................................... privileged position in lien of the more precious metal. The re" alisation of this conception depende upon the volume of paper money remaining at the present enormous figures a fact extremely unlikely for the State indebtedness would have to be converted into

Come sort of fanded form; otherwise the abnormal itflation. of car- reucy would prove dicastrons to the internal trade of the countries concerned, Moreover, the creation. of a silver reserve would be at best only, a palliative measure. International indebtedness would West Point Building Co., Ld. 72) b. 19,600 $50. still have to be discharged in gald H'kong Central Estatos.....100 unless some system of bimetallism were universally adopted a step extremely unlikely to be taken in the interest of a defeated group. It should be remembered that a stalemate in arms as well as in finano is hardly probable, and that in any case the group of China Borneo Company,Ld, $10 hansted financially would not China Light & Power Co., be in a position to diotate the

$112

'kong Land Investment Co #109 b. H'phreys Estate& T. Co., Ld... $7 sa. I'loonLand&Building Co., Ld $40 .b.j Shanghal Lands............105 b.

Cotton Mills. Ewo Cotton S. & W. Co., Ld. $175 m. Hongkong Cotton Co........ $9. Kung Yik

.$15348. Laou Kung Mow

..90 b. Shanghai Cottons in S'hui t.99 b. div.

Miscellaneous.

T

39

(Interim of 1 account year ending 30.6.13(Coupon No. 5.) 3.60 1/2 for 1909

32-1/-interim a/o 1915 paid 12.7.15

1/- interjm 1915

$3.50 for year 1914

$3 dividend for year 1914

Tle. 3 for year ending 30.4.15 Tls. 5 for 1914

$2 for half year ending 30.615 $4.09 for 7 months ending 31.12.14

TB. 1.20 for year ending 30'11:14 Tls. 13 for 1913

Dividend of Tis. 7 for year

1 ending 30'6'15

OF WEATHER

EONA FIDE

DANISH ORIGIN

Can now be obtained from all hotels and Compradores, and from

DONNELLY AND WHYTE.

MBANKS

INTERNATIONAL BANKING

CORPORATION..

HEAD OFFICE: 60,,Wall Street, New York.

́ ́LONDON ÜFFICE: 36, Bishopsgate, E.C. BRANCHES :-- BOMBAY, LONDON. CALOUTTA. MANILA. CANTON,

CEBU.

COLON.

PANAMA. PEKING.

SAN FRANCISCO. HANKOW, SHANGHAL HONGKONG. SINGAPORE. KOBE. YOKOHAMA CAPITAL PAID-UP $3,250 000 RESERVE FUNDS.............. 4,120,000}

(UB. Gold) 97.370,000 All kinds of FOREIGN &Ị LOCAL BANKING BUSINESS transacted.

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

N. S. MARSHALL,

Manager. Hongkong, 22nd Oct. 1914

THE

BANKS

ONGKONG & SHANGHAI

BANKING CORPORAC

TION.

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

Sterling

£1,500,000 at 2/-

-$15,000,000 Silver...$18,000,000

$35,000,000

Reserve Liability of

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

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

Chairman.

8. H. Dodwell, Esq. Q. T, M. Edkins, Esq. 0, 8. Gubbay, Esq.

P. H. Holyoak, Esq. J. A. Flummer, Esq. Hon. Mr. E: Shellim. CHIEF MANAGER Hongkong-N. J. Statb A: 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 DEPOSITA.

YOKOHAMA SPECIE BANK For 3 months, 24 por cont. per-

LIMITED.

Established 1880,

annum.

For 6 months. 3 per cent pay

annum,

Authorised Capital Yen 48,000,000 For 12 months, 4 per cent, poz.

Pald-up Capital ... 30,000,000 Reserve Fund

20,000,000

Head Office.-YOKOHAMA,

Bratches ADIEET-HaleD

s.1,000,000 £1

8.

all 8312 b. 200,000 £1

all b. 160,000 £1 40/6

796,666 £1

all 4 Feb.

3.10 Jan. 39/- Fob. All 56/6

33/6 Dec.

1.90 Nov. 19/6 Nov: 21/3

33/6

30/-

4

32/6

b.

b.

€0,000 $50 nli 50,000 $50. all

80

Jan. 73 Nov. 79

68

77

63,700 € 100 all

GO

30,00 t. 100 all

109

Jan. 53 Oct, July 50 Dec. Jan. 824 Dec.

83 63) 49 ex div.

57

9316 80

13,000 1,100 1,100|

94

94

Tls, 61⁄2 for year ending 29.2.14

b. 20,000 $50 50

50,000 $100 all 11714 July .98. Nov: 111 xdiv. 100,000 $10 all 014 Jan. 7 Nov. 71

0,000 $50 £0 45 Jan. 44 7,000 1.50 all 98 Dec. 89

June all 73

128 July 120 Dec. 116

112

($2.50 for half year ending

1 30'6:15

108

$31 for year ending 30°6′15

6.10

45 cents for year 1914

Feb. 40

Oct. 106

66" Feb.

40

$3 for 1914

101

Dividend of 6 p.c. for

ending 30.6.15

year

70

Д.

10,000 $100 all

100

100

20,000 1,50 all 138 125.000 $10 all 81

75.000 t.10 all 14 9,500 1.100 all 110 40,000 6.50 all 235

July

195 Mar. 7

Jan.

11 Feb. 70

May 180

152

June 914

7

Tis. 12 for year ending 31'10'14

···50 cents 31°7′08 -**

Mar 17

1334

May. 69 b.

86

Feb. 70

Nov.

105

96

b.

20,000 $12 all

Ld. 84.40 sa.)

50,000 $5 all 50,000 $1 all b. 125,000 $10 all b. 40.000 7 6 39

12 May 10

4.90 July 4

9 Jan. 7

June 35 Jan. 5

Dec,

10

85 cents for 1914

April 44 44

6% for year ending 28.2.06

Daires Tanglion

Hablo

ww

Nov.

8.95

8,00

70 cts, for 1914

Aug. 34 Dec. .91

34

670

50 ota. for 1914,

Jan. 36

b

$20

b.

b.

b.

6,000 $25 all[30.

- Nov, 44 6,500 $25 all 21734 July 174 Deo: 185 184 60,000 $10 all 25 June 22 Apr. 34 b. *325,000 5/- all 13 July 7 Feb.

al 230,000 g.10 all 6424 Mar. 28 Dec. 25,000 $10 all 1014 Jan. 914 June 50,000 $10. 81. 93 cts. Jan. 75 cts, Dec. 75,000 $10 all 12,000-$10 10 13,200 $50

all 20,000 $5 all 5.00 Juno 4 Nov.

27,723 $10

17 all 2214 Feb.

Jan 18 90,000 $10 all 8 April 6.90. Deo. 6.90xdiv. 6j xdiv. 60 otë, for 1914 n. $1,000 67 all 91% Jan.

614 Deo, 7

June 92 Dec. 29

39

25

.42

10

3694

$1

80 cta..

4

20

20.

ન ત

3.CO

16

29

WRIGHT & HORNBY,

Share and Ceneral Brokers

b. 400,000 $10 all 6.80

-60,000-$10 all 1 49

1.

น

terms necessary to rehabilitate Do. (Spec. shares) .......... its resources and to force bimetal-China Provt, L. & M. Co., Ld. 894 liem upon as unwilling world. Dairy Farm Company, Ld. ...834 The restoration of a normal con- Green Island Cement Co. Ld....9,90 dition of carrency will be best Hongkong Electric Co., Ld. #441 obtained by stimulating the inter- Hongkong Ice Co., Lt....$183 change of trade, in order that if, Hongkong Rope Mfg.Co., Ld....834 as we all bope, the war is fought Hongkong Tramway Co., Ld. 5 to a decisivo finish, the countries] worsted in the fight will be able Langkats ..................................................... t. 373 to straighten their dieorganized exchange rates by increased ex-Peak Tramway Co., Ld. (Old) $994 b

(New) 80 ots. b. ports, and thos will be able to obtain by degrees such a claim Philippines Ld........stirar 84 b. upon gold as shall repair the mis. H. Price & Co., Ld.....$5. chief caused by war. The alterna- Societe des Pulpes et Papier-1 tive to a clear,decided finish would eonceivably give more encourage- m'nt to favourable views as to Union Water-boat Co., Ld. ...616 the prospects of silver. For in that watson and Co., Ld......................$6.85 ca caso a feature of the now candi-

***...$63

Do

teries du Tonkin ............................... Steam Laundry Co., Ld....$31

tions after the war might be a William Powell, Limited:

building up of war chests in gold,

on the part of Governments to

encourage the internal use of silver

and there might arise a tendency, O. Morning Post .........................$29

osin, and to draw into their trea Bare vaulte the gold in circulation, It is to be hoped in the intereste of the world generally, that the outcome of the present strife will not be such as to initiate prepara tions for a contest at a later date, and there is little doubt that wins leaders on the side of the Entente have this faot in mind.

Fifty Cigarettes A Day," At an inquest at Southwark on the body of Private John Landy, of the 4th Northumberland Fani liers, who died suddenly, it was stated that the man smoked 100 cigarettes every two days. Dr. West said it was most iniations, especially for men who hid to perform physical exercise. The Soiuse of death was shown to be

heart failure;

Belling.

T/T.... Demande

30 đ/u 60d/s...

ឥតមុន! គ

5.25 4.80x div,

$1,50 for year ending 31.7.14

$2.00 per share for 1914 Interim of $2 account 1915 Interim$1 for yearending30,6,15

*10% for 1914

Interim of -T. 1 making T. 2.

a/c. 1919

170 cts. on fully paidshares and 7 cts. on $1 paid shares for year ending 30.4.15 None

$1.50 for 1910.

Nonie'

25 eta. for year ending 31′5′′15:

f81.00, per share for year end- 18:00,

(50 cts, on old shares and 25..

cts. on new year shares for year ending 80.6.14 $1.50 for 1914-

6. Des Vaux Road Central, Tel. address, - Reclitude. CORREATED TO NOON. SEPT. 29, (915,

ANY SUBSEQUENT ALTERATIONS WILL BE FOUND IN “UP TO THE MINUTE SHARE MARKET.NEWS.” THE TELEGRAPH DOES NOT HOLD. ITSELF RESPONSIBLE FOR ANY OF THE ABOVE QUOTATIONS,

19 5/8

1/9 11/16 (1/9 3/4)

.1/9 19/16.

4 m/s..... T/T Shanghai....:78. *Private 30 dЛa sight T/T Singapore.......

T/T Japan

8612

Demenc India 135)

*TT India

7/8

EXCHANGE

TT Bombay S Demand Bombay 1951 TIT Calcutta

Demand Calcutta...195) Demand Manila 1893 Nom. T/T8an F'co & N.Y4274 Demand, New York 42 5/8 T/T Javao..........................107: 1;8 T/T Marketerssone. Demand Germany... T/T Francs....246] Demand Paris 13,47

On Haiphong...8% prema On Saigon

On Bangkok:85)

Buying, Ims L/C ....................1/10 1/4 4 m/s D/P1/10-3/8 16 m's. L/C „...................1/10 1/2.

30 dje. S'ney & M. 1/10 1/2: (30 d/s. Ban Foo & N‚Y44

14 m/s. Marka.Nom. 14 m/s,Franos.,2.573€. 18 m/s. Franoissacum 3.6236

Mombay Celestia Chasan

Henkow Honolulu

Agencies al

Nizaki

Newchwarg New York Qaka

Pakia

Rycian (Port

Ban

ses

Kabe

Shangha Bydzu

KAD THE

Tickling

Lenden

Ticstala

Lynss

Tokyo

Sydney

slagiau

Los Angular Telogtan

Interest Allowed sa Current Account. Deposita receland for and periods at eatas to be obtulaed on application.

EISHI ONO, Manager. Hongkong, 11th September, 1915.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal. Charter 1853.

annum.

N. J. STABB,

Chief Manager- HONGKONG SAVINGS BANK

THE Business of the above TH

Bank is conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION

Biller EX

be obtained on sp- ploation.

INTEREST on diposita is al

lowed on the minimum monthl balances at $33 per cent. per an«

Depositore may transfer at their option balances of $100 or more to the Hongkong and Shanghai Bank to be placed on FIXED DEPOSIT 14 per cent, per

For the Hongkong and Shang- hai Barking Corporation,

N.J. STABB,

Chief Man ager

Sunum

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

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15. Gracechurch.

Street, London, Authorised Capital.....£1,500,000

Proprietors ................. £1,200,000 FOREIGN EXCHANGE and Subscribed General Hanking business trans-Paid Up acted. --

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

Wm. DIOKSON, Hongkong, 11th April, 1912.

Reserve Fund

$125,000 562,500 800.000

DEL BANKERS:

The Bank of England. The London Joint Btook Bank; Limited.

Manager

Bombay

Calcutta

Colombo Delhi

OPIUM QUOTATIONS. Galle

BRANCHES

Feb. 25 Hongkong $9,100 per P Howrah-

Sept. 29th,

Malwa, New Malwa, Old Patna, New Patna, Old.... Benares, New Bensrer, Old

so

me

9,200

Kandy

9,825 perche.

9,200

9,050

8,950

Gold Leaf per, oz., $59.70-900 Sovereigns. $11.20 nom, Bar Bilver, ready..23 5/8

forward

SUBSIDIARY COINS. Discount per $100

120 ota. pieces $20 3/4

4 $20 7/8 cts, pieces 9 7/8

978

Karachi Kota Bharu

Kuala Lumpur

Madras

Penang

Rangoon

Shanghai

Singapore

"HONGKONG BRANCH Every description of Banking.

Erohang business trans

Interest allowed on On counts at 2 per cenfi per

THE ALEXANDRA CAFE on Daily Balanes Cannot be Beaten, if Equalled

For Bread Cakes, Confectionery. and meals with Wines & Liquore