Intimation.

Powell's

Xmas

Bazaar

NOW

OPEN.

POWELL'S

ALEXANDRA

BUILDINGS,

28, Queen's Road.

Honjko 4th December, 196

THE HONGKONG TELEGRAPH FRIDAY DECEMBER 17 1009

Intimations

SOLIGNUM."

PERFECT preservative stain for Wood, A Stone, and Brickwork.

RUBBER AND THE INVESTOR. | holdlog back, and not rushing into the market

MAN'S STANDPOINT.

40 bay 21.8000 as the Brasilian bogay affects prices, hoping to force prices still lower, and

INTERESTING VIEWS FROM A NON-MARKET] thereby giving the stockholders the chance they are counting on. The professional speculator, already getting out will by then have complet

The following remarks by Ajix (an old,anded his unloading, ** valued correspondent of ours on rubber mati-

It protects against Decay, Fungus, Dryter), who is now on his way to India and who Rot, the Ravages of lasects and Vermin forwarded us the under-given letter from Malta, } (especially the white ant) and the action of the will be read, w3 believe, with interest by many weather.

monials of the Governments of India, the Sudan, &c.

Auctions.

PUBLIC AUCTION.

THE Undersigned have received instructions

ADVICE TO INVESTORS. Add to all this that there are no insuperablehe difficulties in overestimating the Braillian crop

to sell by * ** PUBLIC AUCTION; FOR ACCOUNT OF THE CONCERNED,

18th Decembar, roog, at 2.30 P.M., at their

TO-MORROW,

Sains Rooms, No. 5, Des Voeux Road, corner of Ice House Street, A Varied Assortment of XMAS TOYS;'

ALSO

of his fellow investors in Plantation sharer. It in the first instance, and there results as com for it as may be seen from the testi-pressed are entirely those of our correspondent share, values all round. The days of lower A Few Lots of LACE CURTAINS and

“Bolignum" really does what is claimed is perhaps needless to say that the views explete michine as could well-nigh ba imagined for banging down raw rubber prices and rubber prices will no doubt be short lived, but they will be sufficiently gear a settling-day or two to interfere with carrying over facilities. Mr. Panter, look out!

In Drums and Barrels of various colours.

Prospectus and all further information

from

SIEMSSEN & CO., (Machinery Dept.) Hongkong Sole Agents.

Hongkong, 7th December, roop3

OSMAN &

182

CASUM,

-8, DAGUILAR 'STREET

JUST UNPACKED Ladies' Trusted and Uutri amed HATS, RIBBONS, FLOWERS & FEATHERS.

MUSLIN and FIGURED VOILES.

TABLE LINENS, SERVIETTES and

HOUSEHOLD LINENS.

Simples on application. Cont Port Orders carefully executed.

tays the Editor of the Financier.

Having read in the daily press-fpancial and otherwise the opinions of many writers forecasting the probable course that the raw rubber market will run during the next law onths, perhaps a review by a non-market

All these things may not come to pars, for the wan like myzell may be, of leterent to some of old order changes everyday, but when share ara your investår,renders, for onlookers in a good such rant common interests tanding to force position very often see most of the game, prices down, it would only be prudent to accept In the first place, I would say, with regard to the law (probabilities, and to lower that side of the raw material, that the man who can the reption which the ralo, if it does come, is necurately forecast the future has in the palm likely to beat. Coupling the above with the of his hand a potential fortune if he can come unatural anomaly previously referred to, 1 mod the nieaus and has the pluck to play high. have little doubt that the same causes which And, mark you there spon will be. high playhawa raised the prices in one clark of share have So my advice to all your readers is, to bold p also bean's work to keep the prices in the heavy more rubber shares than they can take over. producing class stationary, in the hope that, The amateur pucter is still busy balling the when the fall in the price of the raw material market (for the amateur is rarely a bear) ve is sucrestfully engineered this class of share gudless of the mine, which is being made ready, will go still lower, to be picked up at bargain in explade under his feet. It is a little over'n' prices. Investors presumably 'get' tired of math ago since I told your renders that holding a cʻati oously stationary class of share there would shitly be a halt in the upward when adverse market conditions also become ired of share values, but that, on the other pronounced So my advice to your investor hand, there were big interesis at work to stay | renders is to hold their shares. 'It is for them The halt came within a these lines, are penned, "I'make no claim for any great reaction few days of my writing, and the low temporary novelty in ensurting that the rubber shire reactions that have since occurred have been market is the only genuine lavestment market quickly stayed. But what if those steadying at the present, and for such a market there is had been in the opposite direction?

only one golden rule. Buy yourshires ou re--| actions, or when prices are stationary, and do not sell when others are buying, for, can reckon on galling out at top prices unless you are very much in the know and you are more likely to have to pay higher prices to get in again than you fold for. Surely there is enough profit to be made in holding robber shares at present prices to satisfy all but the get-rich-quick 'class, who have as much chance of getting their wants satisfied to the rubber market as in horse. racing, unless they have suficient resources to land more than one hard knock, or unless they can reckon on the confidence of market manipulators.

THE DOMINANT FACT IR.

LACE and EMBROIDERIES & speciality following remarks They are simply the result I claims so special 1 onwledge in making the of a study of the conditions of the market and the laws of probability. The ose dominant factor, is the rubber share market is the probable output of Para subbas from Bras, which, for brevity, I will hereaftar dub the Brazilan bogey,, 1 bink no cant man who has studied the Brazilian bogey ima gines for one moment that the output will be such as to slump raw rubber prices, in the absence of market manipulation, and Te have no hesitation in stating that when the output is known (not rumoured, mind you), prices of raw rubber will harden considerably above the present level. This being so, it is difficult to account for any nervousness in the, rubber share market, apart from the probable fact that the market - manipulator has been abroad..

winching fib September, 100).

LEE YEE HAIR DRESSING SÅLDON.

HAI ALWAVE On Hand CIGARS, CIGARETTES

AND

TOILET REQUISITES. FOR SALE.

13, D'AGUILAR STREET Номакона,

Hanokane, vrd Santambar 1907.

PEAK TRAMWAYS COMPANY,

7.00 3.m.

LIMITED.

TIME TALK

WEEK.DAYS,

7.30 am, to 10.00 am...Every za lautes 10.00 am, 19 11.00 2.m.... Every 15 minuta”. 114,30 a.m, to 11.45 p.m.... Every 15 minuter.. 72.45 p.m. to 1.5 p.m.... Every to minales.

1.85 p.m. to

1.45 p.m. ..... Every 15 minutes

6.45 p.m. 10

2.15 p.m....Evary to micates

2.15 p.m. to

3.00 p.m.... Every 15 minutes.

3.30 p.m. to

5.00 p.m... Every 15 minutes..

5.00 p.m. to

8. cop.m.... Every 10 minutes

NIGHT 0.23.

In respect of rubber share values, if one thing has struck the more than another it is that the

For Sale.

FOR SALE

AT

recent rise in sharo valves has been confited GRACA &

to the moderate-dividend paying class of shares, while the big-dividend "May. Without going so far back, I give below two short lists of each class, with their prices, on July 10, and October 151-

Moderate PaYERS.

BIG PAYERS.

July 20. Oct. 15. July 20, Oct. 15. Golcondar...40 61) Anglo-Malays 14/- 35/3: K. Lumpurs 48 7 Bukit Rajabs 160/- 168. Ledburys-

P. P. 35 41· Putalingi · · 22/6 13/6 London Asin.

23/0 24/6

tics......3/5/- Linggis Malacca... ros. 185/- Selangois 321-3516 Ferak's 42 66 Vallambrosa8, 23/6 24/-

275/6 299/9

20$/ 479, WHAT THE FIGURES PROVE, These figures go to prove that, whereas the shares of the moderate producing class have fately increased in value some 60 per cent, the

8.45 pm and 9 p.m. 9.45 p.m. to 15.15 p.m.sbates of the larger producing class have barely

·

very half bour.

SUNDAYS

5.09 .m. to 9.00 am....Every is minatas 9.00 am to 9.30 am....Every 30 minutes 9.30 km. to 10.30 n.m....Every if minotss 10.30 am, to`11,00 a.m. ..... Every 20 minutes 13:45 AM, to 12.00 noor...Every 15 minutes 13,00 Noon to 1,00 p.m....Every 10 mianter 1.50 p.m. to 5.00 p.m. „Every 15 mlautas 3.00p.m. to 6.00 p.m....Every 10 minutes 6.00 p.m. to 7.00 p.m....very 15 minutes 7,00 9.m, to 8.00 p.m....Every ro mlante,

HIGHT CARS is on Wook Days BATORDAYI

Extra cats at 1.15 p.m., 14.30 pm, and · II.4 p.m.

SPECIAL CARS by Arrangement at the Dompany's Offc, ALEXANDRA BUILDINGS, Das Vœux Road Central,

· JOHN D. HUMPHREYS & `SON,

General Managers, Wengkony, rie Abril, rosa

NOTICE TO SUBSCRIBERS.

FROM and after 1st January, 1909, the rates of Subscription to the Hongkong Telegraph (dally and weekly issues) will be as follown

DAILY-536 por annum. WEEKLV-513 per annum.

J

increased in value 5 per cent, in the same period, and the more share values are analysed the more apparent this anomaly becomes, This in all the more strange when it is realised that the larger producing companies are those which will most materially benefit from the present high price of the raw material, and it will not surprise some of your readers to learn that I regard such an anomaly se conatural, Stasting, then, with these premises, and tak. log in all heard at the time, it was easy for me to prophesy a month back that big inter- ests would save a slump. in rubbar share prices. Bat much has happened since then. Some of the men who held a large portion of these moderate-dividend paying shares are, now getting out of them, and the magoatos in Mincing Lane, who were then sighing for the share market to broaden 'out, have fately made no cret of the fact that they hope' soon for | lower share values in order to pick up bargains.

THE MANUFACTURERS.

STORE,

CO.S

77, DES VŒUX ROAD CENTRAL.

DOLLS

TOM SMITH'S CRACKERS.

TOYS.

SWEETS.

JEWELRY, (Particulars from. Catalogue). Oo view on Friday p.m. TEKMSAs usual.

HUGHES & HOUGH, Auctioneers, Hongkong, 13th December, 100%. f: 38

THE

Auctions.

PUBLIC AUCTION,

*HE Undersigned have received instructions

*to sell by

PUBLIC AUCTION,

FOR ACCOUNT OF THE CONCERNED,

00

THURSDAY,

he 23rd Decembar, 1000, at 2.30 P.M., at their

Sales Rooms,. No 8. Des Voeux Road, corner of Ice House Street,

A GREAT ASSORTMENT OF X'MAS TOYS,

TERMS: AB usual.

AND

.. A Quantity of BOOKS.

HUGHES & HOUGH, Auctioncars. Hongkong. 16th December, 100g

PUBLIC AUCTION.

Lo'sell by

PUBLIC AUCTION,

[849

PARTICULARS AND CONDITIONS of the latting by Public Auction Sale, to her, 1909, at 3 F.M., at the Offices of the Public THE Undersigned have received instructions be held on MONDAY, the 20th day of Decem Works Department by Order of llis Excellency the Governor, of One Lot of CROWN LAND at corner of Shin Hing Street and Hollywond of 75 years, with the option of renewal at a Road, in the Colony of Hongkong, for a term CROWN RENT to be fixed by the Surveyor of His Majesty the KING, for one further term af 75 years.

Intuad Lot 3

Registry

PARTICULARS OF THE LOT.

Boundary Menastrementa

(Approximate).

W

$1. ft.

DT STED 100

Annual Keat

* j. Upset Prise-

| | 4339

(atrout)

Hongkong, 11th December, 1909.

PUBLIC AUCTION.

on

the 28th and sath Dreamber, 1999, at to dM

TUESDAY and WEDNESDAY.

at H.M. Naval Edablishments, SUNDRY OLD AND SURPLUS NAVAL AND VICTUALLING STORES,

Comprising

· OLD

AND SURPLUS NAVAL STORES --- FIRE ENGINE, HOSES, LAMPS and. LANTERNS, TOOLS. OLD IRON and METAL ELECTRIC CABLES, SWIT- PUMP, COAL

CHES, HYDRAULIC SACKS. CANVAS. BAGS, OLD INDIA- RUBBER. OLD LEATHERS, CARPETS, MATTINGS, OLD BOATS, FURNITURE,

&c., &e

OLD AND SURPLUS VICTUALLING STORES1— PROVISIONS, SEAVEN'S CLOTHING,. BLANKETS, OFFICERS MESS TRAPS, [832 (A quantity of Electric-plated Articles and Table Linen), IMPLEMENTS, SEAMEN'S, MESS UTENSILS, OAK STAVES,' &c.

Catalogues will be issued. TERMS OF SALE :—A■ Customary.

HUGHES & HOUGH.

Government Auctioneers. -Hongkong, tá6th December, 1000. (850

THE Undersigned will sell by PUBLIU

AUCTION,

on

WEDNESDAY,

the 32nd December, 1909, at 1.30 PM, at-bis Saler Rooms, Duddell Street, CURTAINS, HAND-EMBROIDERED PIL WHITE WITNEY BLANKETS. LACE

LOW CASES, TOPSHEETS, BLEACHED SHEETING. DOUBLE WRAP SHEETING, SATIN QUILTS, TRAVELLING RUGS. TOWELS and BATH SHEETS, DOUBLE DAMAK TABLE CLOTHS and BER. VIETTES, &c., &c. |

ALSO

A Varied Assortment of X'MAS TOYS and JEWELRY (Saltable for X'mas Preseals).

The above are all just unpacked. On view on Tuesday .. TERMS: As usual,

GADA 1. J

Hongkong, 16th December, rarg

PUBLIC AUCTION,

THE Undersigned has received instructions

to sell by

PUBLIC AUCTION,'"

MONDAY,

the 20th December, 1909, commencing at 3:30 PM, at his Sales Rooms, Daddell StreBI,

A QUANTITY OF TOYS, Comprising:-

DRESSED DOLLS, SWORDS, GUNS, TEDDY BEARS, ELEPHANTS, CATS RABBITS, MOTOR CARS, SOLDIERS, &c. &c.}

A

AND

CHRISTMAS and NEW YEAR CHRISTMAS CRACKERS.

CARDS.

ALBUMS.

CHILDREN'S MAIL CARTS,

AND

A Variety of Articles suitable

for

CHRISTMAS.

INSPECTION INVITED.

GRACA & CO.,

27, DES VŒUX. ROAD CENTRAL.

TH

AN APPEAL.

The manufacturers of rubber goods and the bayers and sellers of raw subber ars all interested in meing, the price of the KAW material tower, 1, for ope, do not for one moment think that the present bigh prics of raw subbér is manipolated.” The price is doo The rates per quarter and par mensem, pro. Ito an actual shortága, which, in my oplalon, portional. Subscriptions for any period less will not be made up for sams PARTS than, ose month will be charged as for a full to come. But there are big holders of mozik, The dally large is delivered free when the rubber stocks in England and America, for all address is accessible to messenger, Peak this, who have something to say in price subscribers can have their coples delivered making. These holders buy at lowar and sell at thuis residences without any extra charge, at higher price, and they hope to use the Brazi. On coples sent by post an additional $1.80 lian bogey to send down raw rubber prices per quarter is charged for postage. The postage on the weekly lesas to any part sufficiently to enable them to buy in a larger

of the world is so cents per quarter.

stock at prices which will be shillinge below Gastlamon's Shirts made' to arder, and Cuffs Slagle Coples, Dally, ten cents, Weekly, next year's top prices, maar which they hope to and Colifre matwed on old suas,

soli, Manufacturers are alrandy so annoyed at twenty-five cents (för cash only),

Ladies and Chlidren's-Under-clothing, Ohli having to raise the prices of their manufactured dren's Dresses, and all kinda, of Embroidery. There will be no rebats to Missionary sticles that, notwithstanding many are living:: Materials can be supplied, if required,

(PAYABLE IN ADVANCE.).

Subscribers us-ħaretofom.

By Order,

SMITH'S Consignment of TOM

N.B. The bova lots, are only just un packed.

TERME:-Cash on delivery.

G, P., LAMMERT,

Auctioneer, Hongkong 16th December, rood,

PUBLIC AUCTION,"

[844

THE Undersigned bas received instructions

to sell by

PUBLIC AUCtion,

OD

A ONDAY,

the 29th December, 1909, commencing at 3.30 PM, at his Salas Rooms,

· Duddell Street;

A LARGE SELECTION OF. FAN OY GOODS,

Comprising

BRONZE STATUETTES, CARD TRAYS, FLOWER STANDS and ‹ PLACQUES, HANDSOME STANDARD and TABLE LAMPS, FANCY GLASS-WARE, VASES; TANTALUS LICQUOR STANDS, PHOTO ALBUMS, LEATHER GOODS, &C, &c.j

ALSO

A Quantity of MECHANICAL TOYS;

AND

CUTLERY and TABLE SERVICE FITTED in POLISHED CASES (all suit» able for Xmas presaŝts). -On View day of Bala,

«GEO, P, LAMMERT/

Auctioneer... Hongkong, jóth December, 1900.

PUBLIC AUCTION,

(845

THE SUPERIORESS of the ITALIAN 1 CONVENT, CAINE Road, begs most respectfully to APPEAL to the Residents of THE Undersigned have received instructions Hongkong and the Coast Ports, for thele kind hat she will be sad to receive orders for patronage and support, and desires toʻstate all kinds of NEEDLE WORK,

from-hand-to-mouth, simply buying rubber as | Stair Superioriss will also beʼmost grateful, found absolutely'nscassary, the wish to see raw); for any PAPER, or old ENVELOPES to be made - rybber prices lower will be so much more than a: „lata Broka for the Children of the Poor Schools,

father to the thought that prices must break. So, who are taught by the 3'aui, (46), that thara is avery probability of manufacturers

-THE-MANAGER, Hongkong Talezmph Go, Ld.

• ghong, tand-Draconisac, 7908

Maughong, sind äpoff, 1947,

to sell by PUBLIC AUCTION,

FOR ACCOUNT OF THE,CONCERNED,

TUESDAY,

the 21st December, 1909, at 4 P.M., at their Sales Rooms, No. 8, Des Voeux Road,

corner of Ice House Street,',

A GREAT ASSORTMENT Or

@X' M'A B'TOYS," Catalogues will be framed. TERMS ---ÁS natal, aki

„HUGHES &–HOUGH,

Auctioneers. "Hongunstį fith Dacamber, 1999,

Intimations.

GREEN ISLAND CEMENT COMPANY, LIMITED.

PORTLAND GEMENT.

Io Cuake of 375 lbs. net $5.50 per Cak

.:ex Factory.

In Bags of age ibs.. net 88.45 per Bag.

ex Factory.

General Managers." Hongkong, 15th Angust, roof.

FURNITURE WAREHOUSE.

LY KWONG LOONG & CO

4 B **

QABINET-MAKERS and ART DECORATORS, from Shangbal, kas re-opened their FURNITURE STORE

Bi

No. 37, Des Vœux RoẠN CENTRAL. The only Shop in Hongkong with this game'

WHERE HIGH-CLASS FURNITURE

' נ'

of every description can be made to order lu nay deilge required.

Have been patronlead by the Hongkong Club Hongkong Holol, Telegraph Co., Hostia, À. S. Watson & Co., Firmas and other. |1: Ang Astab shments In the Colony, to whom reference can be made as to the Superlor Workmanship and Materials of the Farelture, &c., applied,

Mesara, A. S. Watson & Op., Ltd., write us follows:-

"We have pleasure in wating that Mr. LI KWONG LOONG furalshed the Annexe lo qur Dispensary and gave us every satis« facilon."

15th May, 1891.

(36.) A. S. WATHON & 00,

ORDERS punctraily attended to, and CHARGES mori moderate.

AN INSPÉCTION INVITED."

Malakana 6ik Anons), tant

THERAPION MAY NOW ALBO BE OBTAINED' In Draghe (TastELESS) FORM, -BELF OURE NO FICTION! MARVEL UPON MARVELI NO BUFFERER

NEED HOW DESPAIR, but without running a doctor's bill or falling inta the deep ditch of quackery, may safely, speedily and economically curo himself without the know! folge of a second party, Dy the Introduction of THE NEW FRENCH REMEDY

THERAPION

a complete revolution has been wrought in this department of medical science, whirl thousands bave been restored to health and happiness who' for years previously bad bom mudly dragging Out & pluribile existance.

THERAPION NG 1 The oversiz

Ramady for ulsclargos, euperseding injic=" tions, the use of which does irreparable barm by faying the foundation of viricture and other serious dispaBOT. "THERAPION No. 2-The Bovereign Remady for primary and secondary skin Fruptions, ulcerations, paine and swelling of the Jo'nii, and all those complaints which mercury and sarsaparilla, are, popularly but erroneously supposed to cure, This properation purifies the whole system through the blood sad throughly eliminates all poisonous master from the bod”). THERAPION NO. 8-The Sovereign Karnady for deblilly, nervousness, impaired Tailly, slooplessness, distante and incapacity for Fusiness or pleasure, lave of solitude, amelings Indigration, pains in the back and best, kød kil dinandoza: resulting from idissipallon.; barly,ak».

· çessos, kd, which this facultymo peralatɛnitylymore, Lucasso so impolent to cura or oven † ilove, pa

THERAPION

Cheoilets or from The in Wieso Kellilas Cou Haverstock Road, Hampmand; Loocan,- Prion- in England 3/9. Ja priertaga, staja, which, of the three numbers required, and son that word THERAPION? appeari on: Bosick Governmeny Wing 4fixed to wraty gossian package, i

Said by all Cham

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