Page

TELEGRAMS,

↑ DER OSTASIATISOHER ZLÜYD"

SERVIDE

'CHINA'S PRIVY COUNCIL.

PEKYNG, April 14th.

The Constitution Convention has com manood this work of reorganizing the Privy Council, which is to consist of 200 members, some to be appointed by the President himself.

BRITISH RAILWAY CONTRACT.

PEKING, April 14th Peking Ji Pao says that the Government's London' ̈represented. Liv and the British Minister will sign the agreement for the constructio of the China will be Niugpo-Hunan Railway.

THE HONGKONG DAILY PRESS. WEDNESDAY, APRIL 15m. 1914.

HOME AND CHINA AFFAIRS.

FROM OUR OWN CORRESPONDENT.]

LONDON, March 15th.

AN ORDER FOR WOMEN.A Women are now backing up national

CORRESPONDENCE.

TREE-LESS STATUE SQUARE.

TO THE EDITOR OF THE "HONGKONG *

DAILY PEESH]

| THE GATHAY TRUST, LTD.--

IMPORTANT RESOLUTIONS ADOPTED,

An extraordinary general meeting of the shareholders in the Cathay Trust, Ltd., was hall at Shanghai Inst Thursday

TRADE OF THE F.M.S.

MOMENTOUS YEAR FOR RUBBER INDUSTRY

SELANGOR CHAMBER OF COMMERCE

treasures in the art gallories, burning DEAR SIR,-Having reelved several to sider three important resolutions Selangor Chamber of Commerce held at its appearance. This assumption was

churches and mansions and smearing the stained glass windows of cathedrals with tar as a proof of their fitness for the vote Nevertheless the report is true that the King and Queen are considering the establishment of a apccial Order for Women, whereby those who have dis- tinguished themselves will receiva Roval recognition. This absence of such an Order has been one of the complaints of the suffragettes, but when this order is. first unnounced, if at all, it will probably bo found that it will be strongly anti- militant in selection. Moreover, it is likely to start off on rather aristocratic lines. If one canvassed the cultured example, there would be nominations for Mrs. Creighton, Miss Gertrude Bell; Miss Jane Harrison, "Vernon, Leo Ni Humphrey Ward d Mrs. Sidney Webb, Mrs. J R. Green, and Dr. Mary Bearlick, in all probability but

expressions of agreement with my letter re the trees in Statue Sqanoe, I have placed copies of a petition in the Hong: kong Club; and at Messrs Lane, Cran ford's, and sek those interested to sign one or other.-Youre faithfully,

GIBBB

THE RECENT SHANGHAI COLLISION:

JUDGMENT IN FAVOUR OF THE P. AND 9. ORIENTAL

viz. :-

entitled to apply part of the proceeds of members of a West End disiner party for Court at Shanghai, on Wednesday last fo-pay off the paid up capital on so many 2981,000, and tramway and railway sumor can be measured (1) by its valen-

the loan to other objects. Japan no longer objects to the contract being signed.

EUROPEAN SERVICE. THE GERMAN CHANCELLOR'S

· TOUR.

BERLIS. April 13th The Imperial Chancellor Herr v Bothmann Hollweg, has left for Corfu and is going to visit Munich en route, where he will meet the Baysrian Premier, Baron Hertling. He is also so

going to meet the Marquis di San Giuliano and Graf Berohtold at Abbazin, where the Chan color will stay four days.

THE RUSSIAN IMPERIAL FAMILY.

BERLIN, April 13th.

The Press of Germany, Austria and Italy publish greetings to the Imperial Ramian Family upon their arrival at Livadia in the Crimea,

SHIPPING NOTES.

The Shanghai Agency of the Mesageries Maritimes has received an oficial notice from the head office that the new mail

that the Dew steamer Andre Leben will make her muiden trip to China and Japan, leaving Marseilles on the 15th of November next. The Ander Lebon is a sister ship of the Paid Lecat. Her gross tonnage is 22,000 tons: length 348 feet, horse power 11,500 The vessel will be equipped with the most up-to-date improvements.

The C.P.R. str. Empreen of Hussin has just established a new trans-Pacife woord.. · The vessel left Wooung, on Monday, 23rd ult, at 8 am. When she arrived at Kiutoan Light she had to anchor owing to fog and did not leave

rather wild talk about the artificiality of the disparity, the somewhat startling truth came, apparently for the first time, to be realized, viz., that there existed no standard of comparison and that all rub its appearance, instead of on its intrinsic ber was seemingly bought and sold on* At the annual general meeting of the value, the quiet assumption being that all plantation rubber is identical, except for

(1)That the capital of the Company

Kuala Lumpur on Tuesday, Mr. II. C. E. soon exploded, when this year the hitherto seduce from £1,000,000 (consisting of Zacharias presided over a good attendance chronio rubber famine came to an end and manufacturers could again pick and 1,000,000 preference shares of 188 each From the account of the proceedings in choose their supplies. It then at once and 1,000,000 ordinary shares of 28. each the Malay Mail the following excorpte are became evident that plantation rubber

whereof 300,000 pferonce shares and

was indeed so intrinsically variable, 300,000 ordinary shares have been issued made:- fully paid up) to a amant aot less

On the invitation of the Chairman, Mr consumers willingly paid 33 per cent. although identical in appearano, that than £300,000, and that such reduction Firmatone, acting Commissioner of Trade more for the Brazilian article, the com be effected by cancelling all the preference and Customs, addressed the meeting, and purativo constancy of which had been and ordinary shares which have not boon during his address gave the following proved. An exhaustive report on the Gaken or agreed to be taken by aay person, alagang aus Total trade was subal committee of the Rubber Growers

Amberesting figures to the of the subject has been made and by paying off as capital in excess of $235,000,000 as against $231,000,000 in Association, and the true position is the wants of the Company the paid up 1919. Importe increased by 810,000,000 to gradually being realized and efforts are capital on so many of the said 300,000 288,000,000 and exports decreased from being made to fall in line with other preference shares as shall be offered by $155,000,000 to $148,000,000. The latter trades, the raw products of which have the shareholders under Resolution 2, and that the proforenes phares upon which the was ablutely due to the fall in the value long cased to be dealt i ona eruchte of rubber exported. The most notable aftaumb basis, but exclusively on that of capital shall be paid off bs cancelled. --

(2.) That the directors be empowered which increased by $1,278,000; machinery rubber, the intrinsic value to the con increases of imports were an iron ware, chemical and machanical tests. For of the said 300,000 preferencs shares materials 81,099,000 Imporis of petro- shall, within a period of six months from leum increased by 2024,000. Increases in nizing capacity and (2) by mechanical the confirmation of the Resolutions by exports were copra 8505,000, and offes tests of the vulcanized article. the Court, be offered to the directors by 888,000 Among increased imports woró ter huizen highs or recoding fla: 5 mais liquore which increased by 2476,000, per share (Shanghai citrrency) brandy by $109,000 and tobacco and cigars

(3.) That application ho made to the by $191,000. There had been a big de.. Supreme Court of Hongkong to confirm crease in the value of opium imported of

According to present appearances, the His Lordship, after exhaustively, out- the reduction of the capital of the Com- 8846,000, but against that the increases of Shanghai Challenge Cup will be played approval of the Queen is another nutter. lining the facts of the collision, as deposed pany in conformity with the foregoing price charged by Government had brought for durig the last week in May, * The She is more likely to commence with aby witnesses, said that the real questiom Mr. A. M. MARSHALL (Chairman of

resolutions,

large increase in the revenue, et t OTIN MINING the Chamber, Theily News say to the different ports writer of Sporting Notes in the V.-C. says:-Bo for there is no recognition of the Duchess of Portland, and the ones which really was the turning

The Duchess of Dovonshire, Lady Dudleys point in the case was one of evidencerectors) explained that the effect of the signed by Mr. Zacharias and submitted likely to send teams hore, but it is believed"

first resolution would be to cancel the to and passed by the meeting, deals with that Hongkong and Tientsin are certain The question wàu, pure and simple,

unissued capital of

of the Company following:

many interesting subjects, including the ties. With practically all the leading. Did the Hokuses Muru sheer as she was alleged to haya demo by the Oriental, or amounting to £700,000, thus reducing the The output of ten in the F.M.S. in-players, on, hors Shanghat was wont er at all events in such a way as to cause capital to the amount actually issued, creased in 1913, by pla. 28,959 or 3.52 per For the Golf Club to select its am, and via, £300,000. The effect of the second set, as against an increase of there will be keen competition for the accident 7 The evidence of all orosolution would be to give the Directors 71.773.82 or 1.7 per cent, in 1911. and an board the Orientul was clear and power to accept surrender of, and cancel,in 1910. It will therefore be seen that the

increase of pla. 76,573.75 or 14 per cent. places. unanimous that she did take a very con-issued preference shares of the Company, output has been on the steady incres e siderable sheer at a given point. She at a rate not exceeding Tis, & per share... for the past few years. It is interesting considerably altered her course. He was animously. ADA

The resolutions were passed t

to note that as regards the State of Selangor about 48 per cent of the output not left to their evidence alone, because

is won by dulang washers to whom the Court had the evidence of the two

licenses are issued. The mining labour men who were on board the Barbe which was following

whether these would meet with the

Lady. Aberdeen, Lady Shaftesbury Mrs. Asquith, Lady Ripon, Lady Charles Beresford, Miss Knollys, Lady Lens- downe, Lady Londonderry, and Lady Desborough.

THE NAVY ESTIMATES,

Judgment was delivered by Sir Havil land de Sausmai Chi Judge of H.B.31's Court in China, at the Supreme week, in the action brought by the owner of the steamor: Hokuci Maru against the P.&O. Steam Navigation Company, arising out of a collision between the Omental, belonging to the intter Com- pany, and the Hobuses More.

There does not appear to be quite so bad a time in store as was anticipated for Mr. Churchill in the matter of the Navy Estimates. Unkmist critics profess their disappointinent, and declare that the total of £51,550,000, large as it is, is illusory

some respects, for it does not suffion Jedburgh the to promise four battleships when no the Oriental up the river. The Captain attempt is made to fill the place of the was on the bridge, and the ship was in three additional battleships promised by charge of Pilot Abrons. They both gave Canada but not yet voted, and the their evidence clearly and explicitly and Mediterranean and China Seas still they said that they saw the Hokusci Mari remain practically uncared for. On the suddenly take a sheer very much in the ofher hand the pacifists are wailing over way described by the officers of the the expenditure and pointing, effectively | Oriental. The down-coming steamer enough. to the heavy augmentation of Vankin also said that she sheered His expense in ten years. Nevertheless, those Lordship was advised by his Assessory who know the inner side of politics that in view of the position and speed of predict that the worst of Mr. Churchill's the vessels and the evidence as to the state. strenuous time is over. Mr. Arthur Lee, of the fokurri Maru's side, the story of as the spokesman of the Opposition, is the Ornntal as to the sheer was probable. most likely to be troublesome. He will while that of the Hokusei Marn was not, demand three more Dreadnoughts, doubt and his Lordship found that there was n less with the fact well in mind that when shoer on the part of the latter steamer. the Conservatives conie to power such an

The next point, his Lordship said, was accession of expenditures would bring whether the Oriental did all she could to their responsibility up to sixty millions avoid the accident. She went full speed sterling per annum, at the very least,

astern at once, and in the circumstances THE INCREASE IN PERSONNEL OF THE

she did the prudent thing It had been FLEET.

suggested that the Captain might have altered his helm, but his Lordship was advised that as the Oriented was a single

YANGTSZE INSURANCE My ASSOCIATION, LTD.

INTERPORT GOLF.

away, it will no easy matter

INTIMATIONS

fores in the P.M.S at the end of 1913 was CHS. J. GAUPP

& CO.,

AND

225,405 distributed Perak 120,361. Selani- gor 74,410, Negri Sembilan 10,0593 The report of the directors states:-

Pahang 14:375, as against a total of The working account 1912 and former 211,500 at the end of 2012, and years shows

17,107.78, against a credit balance of productions from the F.M.S. for the same credit balance of 198,427 at the end of 1011 The 3209,334.21 for the previous year. The periods were 1911, 43,967 tons; 1919, WATCHMAKERS directors recommend the payment of a 48,250 tons; 1913, 50,127 tons. Though the dividend to shareholders of 20 per cent.outont showed an increase over 101% of out of this account, and the transfer of pls 28,657.45 the revenue cm duty on tin 850,000 to the credit of rainsurance reserve showed a decrease of $178,739,45 due to fund and 810,000 to the credit of build the reduced price of tin ruling during ing reserve fund. The account will then the year, the duty being based on a sliding stand as follows —— Dividend of 20 per cent. (-812_ # per share

To insurance reserve fund To building reserve fund. Balance carried forward-

scale,

The four States of the Federation con- tributed to

this

above incOISE 8144,000.00 follows:-

40,000,00 Per

P. 10,728 3.60 Per cent.

3,444 1.35

10,000.00 Seinngar 113,107.78 Negri Sembilan.

Palung 8317.107.78

Together

8.00 6,900 11.39

29.658 3.52

1. Working account 1915-The net premia

earned during 1913, after deducting High prices during 1012 gave the tin return premia, insurance premia, et mining renewed life, and this carried the $1,337,748.29 during 1912, and the account prespects for 1914 are fair provided the amount to 1,593,496,29 against industry steadily through the year. The shows a balance at credit of 8774,700.30. price of tin keeps above 880, but below The directors recommend the payment of that figure several large concerns will not special dividend of 6 per cent.33 per pay Fuel in the shape of firewood con share, to paid out of interest carned, times to rise in price, and is more which will absorb 2,000, and to carry difficult every year to cbtain; the price of forward the bilance of $738,700.30. The coal also, owing to strikes in the produc

x 10.35 per oltare, exchange 73, $15 per share at exchange The retry find remains unchanged und stands at 81,000,000.

The re-insurance reserve fund,

Navy men are pleased with the declars until Monday night at oight o'clock and tion that the Admiralty means to add shurrived in Vancouver on Monday, 6th another 6.000 men to the personnel of the screw ship, with a right-hand propeller, dividends will be paid in faels at ang countries, has gone up. In this con

inst., at 8 a.m., thus making the run

across the Pacific, including delays and stops at various ports, in less than 14

days

RUBBER PROBLEMS.

fleet, but they are curious to know how if he had starboarded the helm it would they are to be found. Good trade, whole. not have done much good, while if he had sele émigration, and other causes have ported he would have accentuated the I been good for recruiting for either of falling off of the ship and from the the serviceo.

The recruiting the position off of from addition & 950,000 as recommended above, Navy is better than for the Army, but

rin.

JEWELLERS.

SURVEYING INSTRUMENTS

THEODOLITES AND LEVELS.

W. F. STANLEY & CO., LTD.,

E. R. WATTS & SON,

LONDON

CARL ZEISS, JENA.

Representatives

LTD..

LONDON.

Botation during the year of a local coun- ncction it is interesting to record the MAPPIN & WEBB. pany, the Malayan Collieries, Limited. to work the Rawing coal measures. The with the owners anticipate that the colliery will be

able coal anlal to place good commercial con on the or imported coal, and if there hopes are realized this will be of substantial assist ance to the mining industry.

will stand at $109,095.01.

After crediting the building reserve fund with $10,000, as recommended above, it will amount to $70,000, account has been increased by 341,884.74 Exchange and investment fluctuation and now amounts to 850,749.92.

one for the rubber industry; far as the

-THE EUMBER INDUSTRY. The rear past has been a momentous only too well known, the price of

We give below the total distribution last year the complement was not quite thought, brought the case within the in dividends of a number of companies reached. Special efforts are to be made principle which was laid down in the Boys Grenier's Rubber Nees, the news of to secure stokers and trained artifiosrs, Suraposa the final dividends having cume across and as the pay has been increased of late absolute luty to keep out of case. The overtaking ship was the wires during the past two or three the authorities are hopeful of success. werks. How heavy the drop is in some The application of ruodern advertising the way of the other ship, but the leading enses can be seen at a glance

in the first month in bringing in about overtaking ship, and that was that sbs 1913) and the relaties valus between as an aid to army recruiting has resulted ship had a curcesponding duty to the Starling exchange has been taken at commodity fell steadily during the whol two thousand men above the normal recruiting figures, and as the cinema is

must keep her speed and course. now being employed to depict the joys Hakusti Maru did not keep her speed and of the life of a Tommy, even faster pro- cours. She altered it in the sheer and 31st last has been taken for all the Asso disturbing factor was soon found in the

Company

Bagan Serai

Batu Caves

Chersonese

Cheviot

Edinburgh

per cent, por cont

Reve

1913 1914 & Carry

· Forward.

#

15 12 4,500

A

220 170 8,000

10

6,700

10NIL

7,000

43.21

4,600

100

35 22

10 14,300 100 uststatel.

5,000

Sungei Way

7 10,000 Pataling

275. 150 10,000 Selangor. 260 137 5,500 Straits Rubber ... 673 875 50,000 3,000

20

60 50

Golden Hopo

Gula-Kalumpong......... 124

Harponden

Karau

Tabu

otherwise in a great measure contributed

greas is looked for,

PRINCE HENRY OF PRUSSIA WITH

CINEMATOGRAPH CAMERA

Thus value of investments on December

ciation investments.3

with a middle price of 4%, 6d, for frat 2/7.3/16 (this demand rate on December of 1913. the market starting in January: plantation and closing in December at The Dellars and Taels at 7.

25 3d. Bad as this was, a still more unexpected disparity betwein No. 1 plantation and fine bard Para; for whil the top prices realised at the first London. sale showed a premium of 2d. favour of plantation, the last sale of the year disclosed a discount of od. per lb.

in doing so she relieved the Oriental from the absolute liability which was cast upon as the overtaking rule. her by the rule, which is commonly known But there wus

a duby cast on the Oriental, the overtaking ship, to do all that she could, and that his Lordship found she had done

HONGKONG FOOTBALL

ASSOCIATION.

ALEXANDRA BUILDINGS.

CHATER ROAD.

CALDBECK,

It is interesting to note that at the MACGREGOR&C.

A meeting of the Referees Board will be held on Thursday next, when the lowest point reached (September, 1913) following busine's will be transacted: the total drop in prices them ruling, na (1.)-Repen the case of the report of compared with those of the beginning of referee Bradley as to misconduct of the year, amounted respectively to player, all witnesses to be warned to 22 per cent in the case of fine lard Para

plantation Congo (2) Exemide any candidates for posi- | 58

The Brge any carried to resurve. Ofterwards learnty Prince Henry of river. It was again alleged that the tion of official referee

WIGWAM TENNIS CLUB.

Writing of the cinematograph reminds me of a scene at Boulogne the other lay One of those who were there thus decribes it: As the British journalists climbed aboard the CanTrafalgar from the tender

It was alleged by the plaintiff that the such of them as were well enough to note Oriental was travelling at excessive speed. anything noted an elderly gentleman on His Lordship was prepared to put her one of the upper decks turning the speed at 11 Enots, and he was advised by handle of cinematograph camera, his Naution! Assessors that this was not attend.

taking them. He was, as they an oxcessive speed for this part of the to the reduced division while the fall in Prassin, the Kaiser's brother, who is Oriental did not keep a proper look out,

so that, if plantation has altogether failed the price of the commodity has been making a trip to South America. Some hut it seemed to his Lordship that the

to knock out Brazil, it has at least the somewhat melancholy consolation that another factor. Then again the crop body said the film would probably be liarvested for 1913 in some cases has not shown with the title "Britannia Raling direct opposite was the case. In colum

African and other inferior anrts have suffered still more; in fact, so much so exceeded the previous year's output the Waves Prince Henry, like ratny sign his Lordship said his judgment The Wigwam Tennis Club, Kowloon, on that of low prices continue, the competi beyond 10 to 15 per cent. This is duo of rich people now days, has a private cineuld be that the House Mari was course to more conservative methods of natograph thestre of his own. He also alone to blame, and she would have to Saturday play a friendly match with the tien from this quarter will becoms

Olympic Tennis Club, commenting altogethi negligible. tapping adopted of late. It is an open has a private cinematographer as well 49 question, however, as to whether yield a valet. He and his fatally occupy the ship

With his Lord-p.m., and at 6 p.m. the annual distribu: the older rubber will continue in the lolly suites on the thip, which ship in the case were Captain Fowletion of prizes takes place on the Wigwam creasing in anything like the ratio con- is an extremely well-designed and taste (H.M.S. Newensile) and Mr. P M B Club ground. Mra, Wolff will give away bemplaced a few years ago and also fully decorated German hotel. He is

Iako whether the price of the commodity will making a lighning tour of South America, keep at its present level. To speak with in the course of which his cinematograph any degree of certainly either way would camera, will have more exciting things to be rantamount to arrogating to oneself record than journalists more or less the power of prophecy, as it is a question suffering from the sea. From Buenos very complex in its bearings and Aires ho will cross the continent to dependent on a number of factors,

Valparaiso on the Trans-Andean Railway, and will doubtless sse something of life on the ranches and the grain-raising districts. He will be back in Buenos Aires about a fortnight later, to return to Hamburg on the Cap Trafalgar. Those who saw him moving about unpre tentiously among the passengers say a certain likerums to King George in the shape of the head and the large observant eyes 1b was Mr. Gordon Selfridge, on

RUBBER COMPANIES.

Glenshiel paya 15 per cent and carries forward £5,000.

The Bode Estates reconstruction scheme Sindang has issued 20,000 shares at 228, premium,

Sungei Krait Rubber Estate, Limited, will pay a dividend of 12 per cent £9,000 will be placed to the reserve and £4.500 carried forward. AMEN

Sungei Kari (Sumatra) Rubber Estate, Itd., will pay an interim dividend of 51 per cent.

the occasion of the fifth anniversary of he founding of his great store in Oxford Street, London, the other day, who described the Kaiser as the greatest cain mereal man in the world and Prince Henry as his first bagman.

Last min

1057

the prizes.

PERTUSSIN

Is a harmless and eticient remedy against all diseases of the respiratory organs, especially WHOOPING COUGH, CATARRH OF LARYNX ACUTE AND CHRONIC BRONCHIAT

CATARRH, ASTHMA, &0. which has been recognised unequalled by the highest authorities. Also the AFFECTIONS OF THE LUNGS will be greatly rehared by the use of it

TO BE HAD AT

THE MEDICAL HALL.

HONGKONG.

(ESTABLISHED 1864).

THE OLDEST FIRM OF WHISKY

BLENDERS IN THE EAST.

WHISKY

AND

CALDBECK'S

In any case, the absoluto drop in prices V.O.S. has on the whole acted beneficially, although it is impose blo to believe that, the wholesale reduction of expenditure which the scare has in many instances produced makes altogether for economy. The great string ney of money through- out the world, which resulted in en almost unprecedentad dearth of capital not merely for permanent investment, but ovenfor providing sufficient floating suppites of money for the general pur poses of trade was naturally and severely felt by all the younger plantation con- cerns, but notwithstanding an outlook which was at one time exceedingly grave matters meeded towards the close of the yaar, thaoks particularly to the extension BRANDS OF "No. 1 WHISKY of Government loans to planters, a ulit

is doubtful whether any appreciable area

LIQUEUR

WHISKY

ARE TWO OF THE BEST KNOWN

under rubber has been abandoned after CONSUMED IN THE EAST.

STANDARD OF COMPARISON.

Of even greater and more permanent value to the industry as a whole, than the absolute, has been the relative fall in price of plantation rabber After some

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