65
BULLION
Mesir. Mocarta and Goldsmid's Circular dated London, January 21, saya:—
THE HONGKONG TELEGRAPH SATURDAY FEBRUARY 26 1010
THE ADMINISTRATION ACTION. | depended upon by manufacturers because of
ADJOURNED; THROUGH WITNESS' ILLNESS.
24th Inst.
The Silver market has again been very quiet
Before Hon. Mr. W. Roer-Davies, K.G, det» and the price only fluctuated between 14-3/16ding Chief Justice, at the Supreme Court this and 9410, the latter being to-day's quotation, The statistical position shows some improve mating, the case was again' mentioned in ment, stocks in Bombay being reduced to 8,400 which Li Chok Hing brought an action against bare and the stock, ol' Syces and ban in Li Pui Choi, altas Li &buk Pang, alias Li Shanghai also shows continuous decline. This Hing Wal, in which plaintiff is seeking for an indicates a very fair absorption of Silver by the account of the estate of his decessed father L! | East, but the improved conditious are not in
Kin Choi, Sir Henry Berkeley, LC, Dr. Ho any way reflected in transactions here, the CW. Godine Poster, cotracted market remaining in a stagnant and uninterest by Mr. P. W. Goldring, of Messrs. Goldring, ing condition, so large operators being tempted Barlow and Morrell, appeared for the plaintiff and Mr. M. W. Slade, assisted by Mr. C. G. Alabaster, instructed by Mr. A. C. Holborrow, of Meuers, Deacon, Looker and Deacon,
for iha defend ni,
Sir Henry Berkeley stated that when the
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-Its parity and other characteristics which are superior to those of the wild anicle. The talk occasionally heard as to the risks facing the investor in rubber plantations has, no doubt, bean exaggerated as regards overproduction possibilities, while the fast has been heard. for some, at all events, of synthetic subbar. The means of securing a supply of labour sufficient to basura a steady expansion of cultivation are being closely considered in the Fast, and bearing upon this a Malayan authority asserts that extelen, where the coolies are housed ds cantly, paid falsly, and handled humanely rarely lack labourers, so that the matter really resolves itself into one of management.
THE QUESTION OF LABOUR SUPPLY. plantation rubber industry the question must To all thoughtful persoas interested in the often occur as to whether the future supply of available labour is not, perhaps, the-most of the L. & C. Express remarks: "Walls
· RUBBER IN TROPICAL ASI,
Mr. John C. Wils, Director of the Royal Botanic Gardens, Leyton, has an interesting account of the early stages of Arlatic rubber- growing in a recent issue of the India Rubber World:
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Time-charters.For native concern ihana | Sir Edward Every, Bant,, accompanied by -Spir has bean chartered-3 option 3 months for | Lady Every, arrived at Shanghal on 19th insiz.
Newchwang trade. Private terms,
by the LỚ, str. Suho from Hankow." They Sall Tonnage Loading or to Load :-For | Kin-staying at the Palace Hotelar Baltimore and New York :—Nons, -.
Sall Toqunage Disengaged :-Noas... Departure of Sallers –Nous,
TO-DAY'S EXCHANGE,
Belling
London-Bank T.T.
Do.. demand Po............. iubières
Do. 4 months' sight
Franco-Bank T.T. America--Bank T.T...... Germany--Bank T.T......
ladla T.T. ............219.6
DO..
demand.....
PRINCESSE Hohenlohe-and Comte and Com tousa de Ravesse arrived at Shanghai on 19th inst. from Europe by the Austrian – Llojd | steamer, and are staying at the Falaza Hotel
„1/87 | FRINCE TERİ Haus, the Imperial Navy Com- missioner, visited the Foreign Ministers 'In 1/8 15/16 Faking on 17th last, and thanked them several
1/9 1/16ly for the courtasles that he received on his
2.19 || European tour,
...78
MR. F. W. Barker, managing director of the Lanadron and Ledbury Rubber Estates, wha! has been on a visit to Borneo, intends to pro- 130 ceed to England by the American rotile, da'
130
Bovereigos has baba, withdrawn from the Bank examination of a certain witodes was proceed. vital point in the future. A correspondent dian casos in charge of a special gardener. Singapore-Bank T.T. por H.K. Stoo74 Hg total output of the Chinese Engineering:
to work for a movement is sither directloo.
The arrivals of Bur Gold were smail this wook and the Bank of England has only secured £150,000 during the week, the so- mainder being absorbed by Continental and other demands. Since our list, £220,000 in
of England chiefly for South America.
Messrs. Samuel Montag and Co.'s Circular dated Landon, January 22, contains the follow- log
Gold,With the exception of the aspal demand for India, bar gold has not been in request for export;'" ·
Whether the whole of the residue of the £500,000 in the market this week be sent into the Bank of England, or part be bought and stored by joint stock. Banks as on some previous occasions, the immediate raiult Is the came, viz: that the gold remains, in the country..
Moreover, the Central institution, benefits Indirectly in the latter case by the ability of the jolot stock Banks to provida sovareigos for telarve purposes lo, a similar value, whenever It may seem desirable,
The following amounts were received by the Bank of England
Jan. 15 20,000 in bargeld.
24
»
17 35,000* • * 13- $8,000 'n 10 13,000 Withdrawal of 280,000 was made on the 15th lastant for the River Plate, making a net influx for the week of £76,000.
Silver. There is a little more "character" about the market that appeared last week. The price hade some difcutty in rising but, taklog isto account the general position at the present time and the possibilities attaching to the future the outlook, for silver is good, and the strong inclination to buy for the East, both Near and Far, whenever the price touches 24td, is the best confirmation, that the market just now is on a healthy basis.
Shipments of £75,000 and £50,000 to Ger- substantial caracter of the Continental orders, many since the beginning of the year show the
and also reduce the stocks in London,
The actual output from the Cobalt Mines of Ontario for the past year is close upon azi million ounces, an advance of 41 millions on the total for the preceding year. · This is far below many of the optimistic reports that have been correst, and suggests that the more widespread the area mixed, and the more thorough their operations, the learųįkaly the output is to incrate in proportion.
D
4 months' sight
and Mialog Compday's three mines for the +1)+L+91-96684917105 week ending 5th inst. amounted to 17,651.49 toos and the salas daring the period to
Buying
do.
A special branch botanic garden was opened. ́4 months' aight L/Ģ......................1/9 3/16 | 16,298.45 toam....... in Ceylon, Havaraigada, near Colombo, to there, the remaing to being planted at the 30'days' sight. San Francisco & New York. 431
6 months' sight L/O. ...............................1/9 $/16, Wx bare received a wall calendar for the car receive the rubber treas, and go were planted chief garden of Peradeniya Dear Kandy, at out.
rent year from Messrs. Lilley and Skinner, 44Ld, boot and shoe manufacturers, whose sofe elevation of 1,600 feet about the sea, which has 30 days' aight Sydney & Melbourne........./ot agents for Hongkong and South Chins ar on the whole shown itself to be rather too great months sight France .................23 Mass. Vieira & Co. a height for rapid growth. About 1881 and 1882 The plants began to flower, and a few
6 months' sight sneds (and cuttings) were distributed, at first months' sight Germany .82
Bar Silver.emmen in the island who had expressed willingness to Bank of England rato.......... try.the now cultivation. It is from these seadi or cuttings that the fow old trees on such estate
Sovereign as Cullodea in Ceyloo bave sprung:
The history of mbber culture in tropical Asia, he says, dates from 1875, when the authorities at Kew acceeded in convincing the Gov emment of India that there were indications of a shortage in rubber supply, as there had been in regard to cinchona about 15 years earlier, and that it would be wise to get the rabber plants of South America astab. lahed elsewbais. An expadition was sont, at the expense of the Indian Government, to the
called Para rabber, Hevea Brasiliensis. These valley of the Amazon, and succeeded in col. lecting, among other things, send of the so
were grown at Kow, and in 1876, the young. Court rose on the Inst occasiɔn, tha cross-
plante rauciting were sent to the East in War- | Shanghal-Baak T.Tr. ......................................744 | March 4th. The bulk of the plants came to Ceylon, it hav- Japan--Bank T.T........................85 ing. They were now in receipt of à latter from
in conversation with several leading planting been decided that India had no botanic him saying he was indisposed and was unstleers in the Federated Malay States, lass garden in a suitable climate but a fow went to Java-Bank T.T 19 appear but that he would probably be in the
1 Colony to-morrow. In those circumstances it year, gathered that the number of coalies
Sippapore and elsewhere. was impossible for bla friend to proceed with per acre required to efficiently tap an estate wltasss' cross-examination. He was entirely varied between 1 and 18. Now seeing in his Lordship's hands and also in the hands under rubber, in five years' time no less than that at present there are aboát 400,000 meres of the other side. He was willing to acquiesce 600,000 to 700,000 coolies will, be required to an adjourhment.
His Lordship-1 on in your hands, Six for tapping purposes alone. Seeing that the Herry. For my part, I wish to expedite the owing to his independence and lexiness, and as Malay is perfectly useless as a plantation cantie, case as much as possible, What are your the Chiocre demands too high a wage, and views, Mr. Slade?
cannot be trusted as a tapper,as his carelessness the only source of coolie labour available! fa by immigration, and is obtainable from, Çaylos and the south of India and from Java, 30% Ai the demand for labour increases, which it must rio to the lure of sight-fold within the next five years, so that all matured trees shall be efficient-
As an indication of bow rapidly the new in- ly tapped, the cost of labour will doubtless in- crease by quite so per cent. This must mean dustry is growing the figures of export from that the is. gd, to Is. 6d., present cost.Ceylon may be quoted: -of-tapping, caring, and -distributing the rubber, must increase to something like s 98, to 25. It mest also be remembered that the mortality per annum among the coolies rangea from 5 per cent, upwards, and is prac tically never less than 5 per cent.; therefore, with a coolie popalation of 600,000 40 700,000, the amoual immigration of coolies simply to replenish the deaths must amount to at least 30,000 to 35,000,” · Astha Strarii Timer has ro ceatly pointed out, if the labour problem be came acute, cost would rise on the one hand
stances to call another witness in" the zuiddië / would invariably result in his wongding the trees, to other botanic gardens, and then to planters
My Lord, it is impossible under the circam..
vious reason. of the last witness' cross-examination for ob
The case was adjourned.
ALLEGED FORGERY OF A BANK-NOTE.
CASE COMMITTED FOR. TRIAL,
*
1901...ENADEDZINY OT 1901.
1907
66 cwt. 189 389 # 676 11
11
鳕
As a result of his visit abroad, Prince Teal Heun, the Navy Commissioner, advocater the .........ààðμ39) tralolog of naval talent as the first necessity Xand not the construction of naval stations in
...............Ponder.........-9-48 Fakten or Kwangtung,
LOCAL AND GENERAL,
ME. W. A. Luning, the Cornish mining magnate, kas arrived in Kinta,
SIR Henry May again summoned a foreign- woman at the Magistracy on Wednesday mora»“ ing for accosting him in the public street: The waman failed to put in an appearance and a WATERDI WAS IEsued for her arrest,"
SIXTY-FOUR Chinese were banished from CLARK'S second Round-the-World tourist Singapore during January,
party, consisting of 780 members, is expected. to arrive at Yakobams on the 25th losi, from THE gold exported from the F.M.S. during San Francisco and leaves for Kobe on March January amounted to 1,717 Dances.
4th, and from Kobe for Nagasaki on March 8th.
A MAN was awarded one year's hard labong at: the Magistracy on Thursday for returning from exposed for four hours in the stocks in lieu of banishment. He was furtbor sentenced to be
one day.
Before Mr. J. R. Wood Second Police Magistrate, this morning, Wong Han, a well- dressed Chinoman, of 4:7, Queen's Road West, was charged with the alleged forgery of a Hongkong and Shanghai Banknote of five dollar denomination. Detective Sergeant T, Murphy prosecuted and Mr. W. E L. Shen. too, of Messrs. Deacon, Looker and Den con, appeared for the defendant. It ap pears that the defendant arrested in ite compound of the Ceptral Police Station on the atst lostant for some alleged offence which, curiously enough, bad nothing to do with the present case. By a more accident, Da- tective Murphy discovered the faise note on the suspect's person" and promptly took him is Magistracy and after evidence had been takes, charge. This morning, he appeared at the he was committed for trial at the next Criminal capitalization and low.expenditure of tha.com { best suited for rubber, Wader these favouring | Gainoa has been prohibited by Government day on being asked whether he had not ind Sessions, bail being allowed in the sum of $250.
RUBBER.
AN EXCITED BOOM.
The London and China Express of January 18 anys:- It is stated that there is a decrasa of it për The market for Pard has been quiet, with cent in the area under contob in the Puejaub, litile business doing, Fion Herd on the spot. but though the ground under cultivation-is and Jabuary delivery is quoted at 28, 200, smaller in extent, the yield is expected to be January February 75. gid, February-March considerably greater, namely, 19 per cent above and March-April sold at 78. 9. to 75. d., fast barvest; and as per cent above the quin-closing 75. 9d. value. Suft Fine February
March and March-April sellers at 75, 7d. The receipts at Paid this month are 4,200 tons. Plantation is quoted at about 71, gd. to Bṛ. 940, per lb. for good average sheet,
quennial average.'
The ofliake in Bombay has fallen to rgo bass a day. The stocks there are reduced to 8.400 bass, but the settlement' atoomer will arrive in a week's time with about 3,500 on board., When we consider that three months and a half ago the stock there was 14,500 bars, the position now is obviously sounder.
A shipment of £45,000 has brou made from
•San Francisco to the Ear East,
BULLION.
Mesto, Samuel Montaga & Cols Circular dated London, January 25, contains the follow jog
Gold.-Upwards of £400,000 bir gold camo Into the market this week, and with the excep- tion of that reserved for India and the Trade, will remain in this country, either in vaults of the Bank of England or elsewhere.
The following amounts were received by the Bank of England -
Jan. 21, £6,000 in bar gold.
H
24 13,000 in sovereigns from Australia.
125, 17,000 in bir gold,
26, 60,000 in
Withdrawals were made as under:
Jan. 20, £100,000 in severelges for Buenos
20,
23,
Aires. 40,ona in sevareigos set aside for Straits Settlements Reserve, 44,000 is sovereigas set aside for Straits Settlements Reserve, 160,000 in sovereigns for Pairs. 341 "The set efflux during the week is £119,000. Sivar. The price still clings to 241, and finds a difficulty in rising even a sixteenth, except for a day or so. For three weeks past the quotation but marely fluctuated from 241d to 24 3/16d with the exception of January 7, when I dipped to 24 136d. The ronson is, that the market rests mostly on a China basis; when the price breaks away to to 34 3/168. It is usually, as on last Saturday, the revolt of a special order.. Another steady- ing factor is that America is inclined to feed the market frosly at an advance, but otherwise is a Bloggish operator. Meanwhile, demand for prompt delivery is fitful, and the stocks held in London are on the increase, amounting to not less than a million sterling; this was reflected In the price yesterday by a premium of 1/160.cn forward silver. It is the first occasion this year that the prices for cash and two months ware not identical.
لدلو
The offtake in Bombay is reduced from 140 tomag bars; the stock shows a reduction there of 800 bare.
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sud output would fall on the other, so that some fair promises of profit might be dashed. We do not take a pessimistic view in the least, but the interests of the ladustry de mood that those who are engaged in it should scarcity and high prices of the commodity, low recognize that the present conditions-great
pantes, dealing is chasse which ally asured, that scheme which have pro duction of rubber four to five years bence in view must be financed with prudesce and economy, that they may enter any period of difficulty under favourable conditions.. Brving noted so much, we may look a little further ahead and point out that the cost of tapping is naturally reduced so the age of frees on a gives planted area advances. The cost to collect 3 lb. of rubber from one well-matur. ed tree must be less than that for collecting the same amount from three or four young trees. The sources from which the Middle East draws its supply of labour are Southern ludia, Java, and in lesser degres, China. India should furnish a certain quota annually, and Java should be able to furdish a good few thousand every year. It is less than a year ago that Mr. Herbert Wright gave as his opinion, in his book dealing with his experientes that Sumatra, Bomen, and Malaya could go on drawing labour " for many years to’coma with- out affecting the island." "Then there is our faithful labourer, on tobacco and other estates, the Chinese. Can be be reckoned of to supply
an app eciable number? The Financiar thinks such is the case, and we also think so. He in not so good as the Malay at clearing, jungle, bui at plasting, weeding, and subsequently tap ping (when paid by results) he should do well. The value of Chinese coolier for all kinds of plantation work is perfectly well-known
An excited boon continued in rubber shares While the prospects of the rubber plantation excellent, and for the industry continue prosent, at any rate, justify in meny cases the high price of shares now ruling, we ical that we should be prepared · for Home sharp fluctuni1001, The tone stile seems strong, and it would not be at all surpris ing to seo further important advances, ba- people buying on top of the rise which has laked place must be prepared to take the ac companying risks. The market is extremely wild, and business is at times most difficult to negotiate, shares sometimes being quoted at three different prices by different dealers. The If they are understood and well managed time cotailed by attempting to find the they do batter at almost every kind of work in price at which it would be most advantageous connexion with the soll and with crops than to deal is considerable. There is a long listapy other Orientals. Looking, therefore at the of rises in quotations to report, and it is obvious circumstance of robber-planting-in the Middle speculation has increased enormously, as well East, it seems unlikely any serious labour as the large volume of genuine investmusat, difficulty should arise. | business that has been in progrets.
At the stock exchange rettlement this week rabber shares were given a' section of their own in the making-up list. They have hitherto appeared under "Commercial, etc." Socrowded has the market been with dealers and brokers that it has been found exceedingly difficult to transact business, and, likewise to obtain a small corner of the prices. Staring in space devoted to miscellaneous securities, the dealers have gradually widened their sphere of activity until jobbers in other mare kers have had to move on. The initiation of the boom occurred in Mincing-lane, bat now it is claimed' more business is done on the Stock Exchange.
RUBBER OUTPOTS.
HOW PLANTATION VIGURES ARE USED BY STOCK JOBBERS
In a recent issue of one of the London finsucial papers we read the following:-
"One of the reason, and, not the least of these, why the Plantation rubber shares of the Middle East bave come into as much favour is the fact that the actual outpat greatly exceeds the crop estimates of the companies vary largely in most leading cases, the original estimates having very 'wissly been made in a very conservative manner. This will be clearly seen from the following comparative table —
Company
Anglo-Malay
Estimated Actual
DURING January Krian Estates produced 2,032 lbs, and Sengat Estate 4,890 of rubber THE Manchurian Postal Convention between China and Japan was signed on zoth Inst. RECENTLY a witness upon being asked when he was born, replied that he did not remember. A REVISED list of justices of the peace for the
SHOOTING birds of paradise in Dutch New Colony is published in the Government Garette,
1904 ...sur 1905 amekaninie, k401 # 1906..................monika 3,795 »
* 7,093 MALAYA BETTER THAN CEYLON. To turn now to other countries in the east, the one which has shown itself to be on the whole the most favourable of all ju the Federat ed Malay States, a British protectorata iving north of Singapore. The growth of tubber there has been decidedly better than in Ceylon and at the same time coffee, the only other planting industry of importance, has been lately in a very unprosperous condition. The country, veloped forest land which is of all others the unlike Ceylon or Java, has vast areas of unde:
circumstances the industry has progressed very re rapidly and the Malay States are by far the capital has been more readily forthcoming for largest exporting country. Not only so, but rubber anforprise.
..
1
fast week resulting in damage to the extent of THREE fra have occurred in: Chomulpo
Y,500,000.
THE trial of the would-be assassin of the Korean Premier has been ixed to begin on
7
Java is handicapped like Ceylon, by very large existing industries, which take up most of the available land, but on the other hand has a great advantage io unlimited and very cheap. February 25. laboux, while the trees grow very well indeed, and there are not wanting indications that | A Man was awarded six months' hård labour
of rubber.
We have to acknowledge, with thanks, a 'copy of the Directory and Chrontoia for China,
Japan, Siralls, etc., from the office of the Mong Con Daily Prasz. This well-known annual
publication will be noticed in a later isque,
A WITNESS at the Criminal Semions' on Mon
that he was a certain lady's nephew, danied having said that the party in question was bis having ever made the statement but admitted.
sunt.
VAGABOND lepers have become such a nul- | sanch.in Deli that the authorities have decided in dapost thêm to sa island off the coast, where a leper colony will be established. The Sal-
colony.
java will some day be an important producer at the Magistracy on Friday for returning fromation Army has offered to take-charge-of-the-
Sumatra and Bordeo are also being taken up as rubber countries, especially the former and other far eastern islands will probably bo employed sooner or intet.
PLANTING IN INDIA
To turn to India, experiments with Hevea in the north have failed, but a considerable area is now planted with this tree in the southern part of the Madras prasidency. Growth is apparently slower than in Ceylon but there are great advantages in regard to plantiful and cheap labour.
banishment,
:
THERE does not appear to be any likelihood of the assayain of Prince to appealing against sentence of dealb.
A MAN was fined $too at the Magistracy ou Wednesday morning for stowing away on the 9.3. Kuming,
A CHINAMAN Was on Wednesday morning fined $150 for being in unlawful possession of a quantity of opium.
At the time of this writing, it is probable THIRTEEN men were each fined $i at the that about 400,000 acres in tropical Asia Magistracy this morning for fighting at Chang are planted with Raven Brasiliensis. This Chau, Sergeant Gordon prosecuted. means, in the course of the next seven or eight
again become ačtive and fresh reinforcements
years; a production of about 40,000 to 50,000 THE rioters in the Lower Yatu districts bave tons of clean rubber, or a good deal more than half of the world's present total production., for their suppression have been called out .
Add to this the fact that during the present boom rubber companies are being floated al mosi dally, that tropical America and Africa have a fair amount of robber planted, that it in improbable that the wild rabber of Bouth America will be driven off the market for a ong time to cenu, and that there are also consider. able areas planted in other kinds of rubber, and it is evident that it will not be very many years before rubber is cheap and new usos for it may begin to arise freely.
COMMERCIAL.
FREIGHT MARKET.
MR. YI HOAN-YONG, the Korean Premier, who was recently attacked and stabbed in Seoul, was able to leave the hospital on the 14th Instant.
AT the recent meeting of the French Gao graphical Society Dr. Legendre lectured on his explorations in the mountainous parts of Sea. chase. His journeys ware made during the varinus holidays which, he took while directing, the medical school of that province, C
THE President, and Vice-Presidents of the Wai- ̈ wopa have instructed their secretaries to pra para a table, showing what diplomatic questions remain unsettled to enable negotiations to be opened with the Diplomatic Corps for their settlement, after the opening of the seals.
THE Nippon Yasen Kalshs, which recently sold six of its older ateamers, has now dispoted - of for others, which have been bought by Mr. Harada Jojiro, of Otaka. The steamers now sold in the Ryojun-maru, Niwan-maru; Kage---- shima-maru and Fushiki-maru,
wwwww..com KELANTAN DOw clamofin for a hotel; there ju a rest-house but it isofly a two-roomed, bulld. ing, and when it rains the compound is knos- THE public hearing of the charge against the deep in water. The Government, however, it Korean accused of assassinating Prince Ito was || in said, will soon put up a zubstantial building begun at Port Authur, whither the accused had for the convenience of visitors. been conveyed on the 7th just.
A STRITE Settlements, Sungei Vlong stamp, first issue, over-printed with crescent, star, and 5.U. in oval, c. z brows, uoured bas fetched 43 in London.
A PROPOSAL is on foot to establish an industrial company to be known as the Formosan Industrial Company, with a capital 01 Y3,000,000.
MR. David Harvey has been appointed a sur- vayor of boilers of unlicensed steamships under 60 tons burden, during the absence on leava of Mr. Archibald Ritchie,
NINETY-NINE prisoners at Chyongiyu in South Kores bave attempted to break out of prisop, Four warders were injused, ona prisoner was killed and fourteen were injured.
Foon as Kelantan is, there seem to be some wealthy people among the Malays there. Ona of thess, Toan Shalk Abdullah, who is a gentle. man of Arab extraction, owns a steamboa plying on the river which is practically monot polised by the plainters and others.
A CHINESE witness in the course of his evidence at the Criminal Sessions on Monday morning when asked by the Judge whether bu was sure sa to the truth of a certain statement,. bindly remarked that he was sure by 20 par
cént.
.
RETURN of vicitors to the City Hall Library and Museum for the week ending the 20th. February, 1910
Library. Museum, Non-Chinese............. $42
129 12,173
Total..
Fig 425-^ 12,615 ..
Chinese......
THE local agent of the P.M.S., Co. Informa us that the Southern Pacific Company, Sunset
Company Line, operating in conjunction with the P.M.S.S. Co. and T.K.K. bare estabilahed in Now York new Passenger and Ticket Office: 1158 Broadway, counter 17th Street, In the beart of the shopping and hotel district. This office has been equipped with avery facility for the prompt transaction of railroad and steams
In their fortnightly report of roth inst, Messrs, Lamke and Rogge write :-Owing to prompt tonnage being in abundance and readily accepting the poor rates offered in order to find employment over the native holidays, the Amonger the new issues of the week have
volume of chartering business concluded during the fortnight a larger onathan what was been the Sink (Sumatra) Rubber Estates, which bas bean largely over-subscribed; the Rini
outr Autpat. Under-
generally expected. Market conditions in the 1909.
1pog. excluated (Java), whose list closes this morning, and is
principal directions have changed but little, bat lbs. lbs. lbs. reported to be well taken. Both companies
judging from the present appearances It would .........................*470,000 516,232 46,232 seem that we will soon see some improvement shures are at a premium. Another issue is the Peneira Rubber Estate in Johore, and the Hard Cover 20,000 43.937 23,527 in rates for March loading.
Consolidated Malay...*200,000:215,899 15,893 (Java) Estates Limited, capite £20,000, 10 Damansara....... 160.000 203,007 43007 seems to be "dead", there is no cargo worth man at the Magistracy on Tuesday for Concerning Northers freights that market Sir Henry May prosecuted a European wo i shares, will be issued almost directly.
General Ceylon 18,500 3370 9,870 mentioning moving Dealers in the rubber market indignantly re-
Golconda
65,000 95,443 30,443 of boats in waxing in say direction, couple importuning him in the public street: A fine pudiata the suggestion that an artificial "boom"
Golden Hope
here from Chinking on of Sas was imposed. *40,000 $1,400 11 400 is in progress. They are probably justified if the
their way to Canton with ground and pea auts, Mighlands.......... ..300,000 341,986 41,986 dividend forecasts for 1910 and 1912 are in &cy Kepong......
rates obtained are "fairly good", considering Ma. Kenneth Tweedie, who represented Jar-Route and Now York-New Orleans Steamship 14,000 21,066 7,066 WAY correct, for they point to the fact that the Labu
the present stale of the market. 65,000. 85,500 20,500
dise, Matheson, and Co., Ld., at Peking, died present valuation of the market is by no means Lanadron.......*** 250,000. 249 247
The high price demanded for Wabu rica bas on 18th fast. He had been suffering for the excessive. Mr. P. J. Burgess, Nortolk-street. Linggi. 433,500 $27,000 104,500
made chartering operations Impossibis up to past four days from pleurs-paeumonia, now. We have not heard of any prompt nor Strand, computes the dividends of seventy London Asiatic
65,000 76,202 11,202
forward engagements.
MZBORS. Guthrie and Co., the Singapore companies calculated on the present buying prices of the abstes as: 1910, 61; 1918, 98; 191: Setfield.....................
Patalieg... 120,000 157,994 31,994
Saigon/Hongkong:-Charterer" wants for agents, state that the rubber output for the 12,000 43,490 15: 1913, 201; fall bearing, 331. If the profits Selangor...... 300,000 323919, 13,910 February loading being evidently satisfied in mobber Estates, Incontro (Selangor) ix years hence were only is per pound on Shellard... 13.000 18,063 5,963 and go fresh business has come to pass siece Tax rubber exports during January were as
The early fortnight, the rate declined to 13 cents, Rubber amounts to 1,306 lbs. Tubber"in fall-bearing, the companier,which
Saogel Kapar... 1160,000 4,000 $4,600 fast 6xture on thegth instant. Under the influence follows:-Perak 139,951 lbs, Selangor 535,814 Messrs. "Mocatta' and' Goldsmid's Circular, are now old-established would be paying a
*Revised Estimate. dated London, January 28, reports :—
sinady to per cent, an present rates,
of a strong demand from both the North and For nearly throy menka now, silver bas only The faducks Mercuar has a statement of Now is perfectly well known out here that in South China, prices have risen very consider. hs., and Negri Sembilan (11,958 The, making
a total of 766,745 lbs, ne agaidut 345,593 lbs.: varied between 2411, and 24 3/16, and the capital sank in rubber enterprises in Neiber- the majority of cases, the recent high price of ably and made further business difficult. chief feature of the market has been its ex- | landa India. In February, 1909, the following rubber ban mads it worth while to employ Saigon/Philippines-A law fixtures have Two coolies were given three and four weeks treme steadiness. There has, however, been a Dationalities held investments:-Dutch, 3, labour on what normally would be unproduc.beco dono at last rates paid. fair amount of business during the past week 426,000 gx.; English, 5,810,000 gs.; Franco live tapping, and this explains the excess,
bard labour, torpectively, with six hours stocks Saigon/Java-Quite unexpectedly, we had a sales by Indian speculators being absorbed by | Belgian, 6,670,000 gs.: German, 904,000 25
Them has been's kind of forced output, the rush for prompt toounge, There being no re-thrown in, at the Magistracy on Friday for parbases for Chios. Stocks in London are still The foregoing represents the investments cost of which has been more than natural out-turn freight, offering from Java tonnage was scating a quantity of sugar from the Kowloon accumulating and are said to amount to about bald in Jak Those held in.* Sumatra- | Pot - The policy of the companies has been very difficult to obtain. Owners having vessels a million sterling, but this may be reduced next Borang ware as follows:-Dutch, 1,350,000 perfectly justified in all cases where no permain soitable positions were fortunate enough this wosk when the settlement steamer leaves go. English, 14,234,000 g; Franco-Bel-ent injury has been done to the trees, but it time to get the full benefit of the opportunity for Bombay,
gine_7,850,000 gr. and German 1,335,000 should not be assumed that the figures indicate offering and have been able to force the rats up There has been practically no export de- ga. By the end of the year the correspond. w higher investment vaine in rubber share. It to as cents per pical, at which latter figure ■ mand for Gold and with the exception of what ing investments were as follows: Java, would be more cofract to any that present charter has been put through. was required for India, this week's arrivals have Dutch capital 6,420,000 gal; Engilab, 17,320,000 outputs are misleading,
Saigon/Singapore :-No fresh business, done remained in London. The Bank of England | gs.j-Franco-Belgian, 8,800,000 gs. German
In this direction.
For cattle trade-44. Kjeld bas again been taken up for a voyage Phompenh to Manila at -55,600..
Dalny/Canton-Two boats have found em- ployment it 24/ay conte per pleal, according to SINCE the recent riots in north-western Korea, quantity offered.
Arabipment of £15.000 has been made from San Francisco to Calcutta.
bas received „,162,000 in Bars god. £13,000 || 900,000 gu.; Sąmatz-Bornso Dutch,9,400,000 || When the names of jurors were 'belug called in sovereigos against which soyafalgus to the gs.; English, 13,000,000 gs; Franco-Belgien, at a trial at the Criminal Sessions on Monday vaine of 6356,000 hava-baan withdrawn.chiedy. -3,500,000-ga, j and German, 1,930,000-ga. The morning, one-of-the-prisoners announced that | For Paris and South America.
mosi ramarkablu feature in the great increase | he wished to summon a certain witness who A CHINESE prisoner, when delivering his state- |* It will be well, to punctuate a fact recorded of the threa prisoners suddenly discovered that ment from the dock at the Criminal Sessions 'by a city contemporary, which is of particular | be also wanted to call witnesses. The names of on Monday in the course of an armed robbery Interest to shareholders in Eastern robber the witnesses were taken down' by a Europaan trial; stated that the Judge should have the companies. In spite of any skerp variations constable, and immediate instructionsware sent resi gelioner aurested, as he knew nothlog in values of robber, the future of the cult to find the witnesses, who put la an appear
́vited' product, in sunnred, for It can be more ・ ance latter in the afternoon. shout the robberyje??
in the English holdings in Netherlands Indles, was engaged at tannel work at Shatin. Another
Godowns.
ship passenger businers. It has beso furnished a
and another for gaatioman, where they hava vi with a view of affording patrons the greatest comfort. A room has been installed for ladies; at their disposal the daily papers of the most Important cities reached by their lines; and there até facilities for writing letters, stc. They have a mail box for the receipt of all mail addressed to patrons in their care. SICAWEI's survey of the month of January contains some interesting notes en hird and À VOUTHFUL ne'er-do-Well ́was, on Saturday dower life. With regard to the latter-It is morning awarded twelve strokes of the birch recorded that since, Barcinal made practical. and twenty-four hours' detention for stealing aly Do progress from December, vary few un facket belonging to a sicksha pullar at Jare, open, Camelias and violets ware' in like cos.. dins's Bazaar.
dition. Oos camolls produced a few budsj though in no very advanced stats, and has since We have received the calendar issued by lost them all, Toming, to snimal; life, on Messrs. Ambold, Kurberg and Go, which given | Jantiary z at about 6 pm, a magulácent, fock: illustrations of their premises in Changbai,. of wild gesse was seen flying from sonik-wast Canton, Tientsis, etc. The dates are giren in to north-east at a baigist of about art. Between both English and Chinase,
·January 15 and 27 bats begen: to maka ghali appearance. On the 201k, tha Chloess thrush
Coal Freights-The following charters the collection of the market dirty-has not been. have resulted. Haiphong/Swatow $7.55, Waka satifactory. While taking steps to enforce the maizuwałów St,60 Miika/Hongay $1.70, I immediate collection of arrears, the Residency Milks/Hongay $1.70, Hongay/Nagasaki St.go General intends to improve the methed (of and Hongsy/Canton Eliza per tamod
collection,
was board, and towards the end of the month
magpies began to buila.. On January 6 Lumber of bass are reported to hare bas Shastung) and on the saU AR VAINNY tangit somekat www.obres.