THE HONGKONG TELEGRAPH SATURDAY MARCH 12 1910
RUBBER SPECULATION.
Effects of the Boom Examined in Detail.
Prospects of Dividend on Shares Bought at Recent Prices.
In the following tables and notes the object is to place before those who are interested in rubber properties some fairly representative groups of shares ander what we call old' vnd new formations, the latter being companies formed during the rubber boom period. There is no pratence of making the liste complete, but they are typical and the averages derived from them will apply, with a fale degree of accuracy, to the whole of the rubber companies in Malaya.
When examining the prospects of a particular company closely readers will have to take zote of the average age of subber given lower down the column, and of the amount of uncalled capital. In the case of the new formations a procis of the information given in the prospectuses will be found in the "Noins on New Formativas"
Some of the prices to which shares, hava zisen appear to be extravagant, and so they ara, possibly, If viewed as long investments. Entita examining the figures we have been They may not a little impressed by what we may call the reasoned expansion of values.
NOTES BY THE WAY.
- TOMMY ATKINS' 'WORS,
DUBSTION OF EXTRADITION. Nobody has any business there. Even i
AUSTRIAN SUBJECT DISCHARGED.
Chinsman is arrested there, the Chines Government will have to make an application and then the Consul will deliver the prisonar,
His Worship You don't claim that Before Mir, E R. Hallifax, First Police Mauler building,
the crime was committed in the Con gistrate, in the Police Court this morning, Wal-Mr. Weiser My information is not ample far Oswald Moebius again appeared at the enough. I'm waiting for better particulars Instance of Mr. Waliar, the Austro-Hungarian Greece has 20 jurisdiction is regarda axtraal- Consel at Hengkong, who applied for prisoner's tion sud every prisoner will go to Gresce mad extradition for alleged parjury said to have beau committed in the Avstro-Hungarian Consular never be arrested. I am not asking for pri Court at Shanghal The Orown Solicitor pro-manded for two or three days.
soner's extradition, I simply want him re- socuted and Sir Henry Berkalay, K.G., instruct-
His Worship held that he had no power avan to remand the prisoner and ordered his dis- charge.
· It's rather reassuring for the authorities to be told that an improvement has taken place'la the condition of the enviroops stationed at Shau-ki-wan and its environments as regards malaria. It will be semembered that komt time ago, Colonel Bedford, the Principal | Skice Officer of the Colony, referred to the Skau-ki-wan military station as the happy -hunting-ground of our friend the anaphales and
it was at the time feared that the malarial gormed by Mr. M. Reader Harris, of Messrs. Wil- would rapidly dissamminate among the troops a real. It is, therefore gratifying to learn of the Improvement, which has taken place in this regard.
OUR WATER SUPPLY.
The report of the Government Bacteriologist on the Albany service reservoir at the last meating of the Sanitary Board is not exactly reassuring to pervous citizens. In his report, the bacteriologist touched upon the fact that the water bad become contaminated and at the same time suggested that the reseve in ques tion as wall as other reservoirs should be roofed is. It is apparent that nothing which could be done to ensure the good health of the Colony should be left undans. It has become proverbial expression that whole town cas
inson and grist, appeared for the defendent,
The Crown Solicitor stated that the ap plication was made by the representative in Hongkong of Austria-Hungary. At pre- want his application appeared to him to have been made on slight grounds but it might be when details arrived from the representative. at Shanghal, a different complexion might be put upon the matter. He was simply there to watch the case on behalf of the Crown and he was not prepared to say whether there was a good case or not,
**||
Mr. Waiser-The official
papers baya
'not'
get arrived from Shanghai, The Caesul at Shanghal has written to me on the metter and the papers may arrive on Monday or Tuesday
I ask for an adjournment.
OBSTRUCTING THE FAIRWAY.
SHIPMASTER FINED.
sih inst.
vesicis to the Central Fairway at about noon,
78.
THE DALAI LAMA,
with Tibat basinassilia, dispatch that, China is Introducing into her present dealings strangely at variance with the usual practice of her diplomacy. Not only has the secrť: 82 pedition to Lhem reached its objective with commendable decision, but within fortnight of the Dalal Lama's second Petals he la solemnly deposed and excommuni cated with a thoroughness that does crashe Interlons of the Chinese Government. The Dacres which we pablish to-day contulas such a terrible Indictment of the present lucumbent of this sacred office that it threatens irrevocably to bring to a head the issue between China'and' Tibal. On a previous occasion the Dalk! Lama has been divested of
HIS TEMPORAL" FOWER, which he had virtually forfalted by his fight from the country; but he is now deposed from: his spiritual office and the flat has gone forth that another re-incarnation of the Bodhisattva Avalokiteshvara, another Gyalpa Ribpochs ar Precions King must be found. When the former proclamation declaring the Dalai Lama depoard was posted up at all the street-corners in Lhasa, the mob tore it down and trampled it in the dost, while the Tashi Lama nisu, 16- fused to acquiesce in the deposition: During tvo, soare, of the Dalai Lama's absence
January was 49,306 lbs, and we take it at a monthly average of 55,000 lbs, for the whole | anikorities have hardly any desire to polson | other information besides what you have alt. West boarding; he saw us, Pruth at anchot to they will brook active Chinese interference in
be illustrated by taking the first, the last, and the middle company in the "old formations list. Is each case the market bas raised the price to over £500 per planted acre, vis. Adglo Malay £35, Valambrosa £912, Kuala Lumpur 533. Now, we know the actual outpat of rubber by each of these companies in January, and bave every reason to suppose that it will increase month by month during the present year," Auglo-Malay actual output in year; Kuala Lumpur actual output in January was 45,135 lbs, and we take it at average of 50,000 lbs. Valamibross actual output in Jaòuary was 16,000 lbs. and we take`k at average of 40,000 lbs. We assume that the not profit will be af par lb. on the year's outpot of each of these companies and on this basis we work out the results as follows:
Yield on Share at Market Price.
71 per cent.
Total Outpat
Anglo-Malay
Kuala Lumpur
Valambross
Total profit igrala lb). at 4/- per ib. ~660,000—————————£132;000′′ 130,000 90,000
Dividend on Actual Capital,
88 per cent 601 192
II
600,000 180,000 The enormous percentage Valambrosa should be able to pay is explained by the very large. proportion of its planted area actually at the productive stage. The average age of its rabber is 6.57 against the 4.37 of Anglo-Malay, and the 3.47 of Kuala Lumpur. On the other band, of course, It has a amalior reserve as we see by the following:-
Anglo Malay,
Total acres planted.
***
Actas producing
474
Acres in reserva
31364 1,699
1,699
101
2,493
Kuala Lumpur.
1,100
$387
Valambrosa. 1,729 1,054
7.
675
No doubt some of the companies have increased their planted area since the statistics we have used were, made up, but very young rubber does not greatly change the valuation of an estate, Comparethe market price of such a "new formation" as Merlimau with that of any of the old companies which are producing rubber.
The tables and notes, we hope, will prove useful to investors even if they merely serve to show the varied factors that should enter into an estimate of valuation.
Anglo-Malay 9364
Bakit Rajah 2340 1506 189) Oicaly
·Damrútará 1769
F. Selangor 1074
153
.662
1158 1899
443 1899
Linggi 4191 . 1000
1899
35,000 34 3.6 · 1905 305,000 67, 6.6 1906
30,000 28. 2.3 1904 180,000 72. 4.0 1906 250,000.. 54.13.6 1907 75,000 52.15.6 1908 98,32433. 9. 1895 21,500 14.13.8 1903 85,000 18. 4.3 1956 30,000 19, 8,8 1898
"
Effect of Share Boom.
Equal to per scra
be poisoned by ops solitary well and the Hit Worship-That menos that you have no the ́ popolation. It was not so very long agoraady given ? that Colonel Bedford treated the Savitary Mr. Waiser-I have givan you all the in- formation I bare. This is not a question be- Board to a few revelations with regard toʻpos. sible daugers in this matter which dropped a tween the Austro-Hungarian Consular Court at bomb shell among the higher sanitary officials" Shanghai and this Court but administra The latter tried to prevent-the-Colonel's sound ten of the Settlement. The question is "Who Is the Sovereign in Shanghai China, is it arguments from being made public on the ground of a public scare, but failed. Dan is not? She bar ao more power over the Con almost incliued to ask onsself whether the salar Jourt at Shanghai than Turkey ever Grete. His Worthip-That's not the question. The Colonel's fears were after all not justified..
point is whether this Court has power to make an order for defendant's extradition,
A ZEALOUS VICEROY.
Who said that Chinese officials were devold of patriotism? The Canton Viceroy the other day would have moved the most rigid Spartao to tears by expressing a wish for a penalty fo be inflicted on him for not being able to pra vent the late disturbance. Such overflowing magnanimity is indeed care and should pro- dece a wholesome effect on less zealous officials, whose systematic observance of “squeaza" is
their patriotism. about the sum-toial':
THE SCOTCH гORM OF TAKING DATH. "I was glad to notice that the simple style avoured by the Land O'Cakes in administar- lag oaths is to be introduced in the Colony by Ordinance. Hitherto; bach time a person, pre- ferably of the hypochondriac varlaty, kissed the Bible in the local Courts, happy memories of the multitudinous types of lips, clean and Planted, otherwise, that sacred book had touched, flashed 21. £. 1..4.9 £535. 4. through bis mind and he furiously imagined
that simultaneously with that delicate opera tion, a battery of zeal, live microbes was rain. med down his poor throat. But the death-kwell of this avil of civilization is evidently to be stortly sounded and doctors' bills for imaglaary ills will consequently be at a discount..
1
8. 2.6 131. 4:0 3.1.0 254.12. "O 1111oo. 385. 0. 0 1.18.0 361.14, 0
10. 0.0 385. 0.0 6.0.0 345:18.
9 5.0 350. 5,50° 5.5.0 351. 9. I
8.17.0 248. 1.7 950. 513. 9.
5.10.0 300.14. 3 3.5.0 171.10. 4 1.19.6 451. 7. 2.1.0 301, 0, 2
OLD FORMATIONS.
Compass.
ACTI Under Rebber,
Acres
Dais Karilest
4 Toil Capital
1655
Expital When Face Price per acre Company Vaiur of of sharo Manleg. Issued. Planted. Fermed. Share. · Feb. 19 'ko,
1809 £150,000 £44.13.0 1995
Bato Civos 1231 Bartam
+
2405
1902 -412-
298 1900
20,187 175,009
16. 8.0 1904
LI
72.15.0 1936
t
70,000
30. 0.0 "1903
829
I
1899
16,000
19. 6.0.1904
**
Con, Malay 1610
1899
61,000 38.10.0-1925
1117
1900
101,000
7.13.0 1956.
Hilda & Lids 4530
1943
1. Kenneth 1067
512
487
1902
I
K.Lumpur
2493
1106
1899. 1901 1902
Lacedron
4573
Ledbury 1421
Pataling 1519
889 1899
Perak
219
434
1899
Selangor
1595
S. Kapar 1818
..1218
938.
1899 1902
3/
100,000 55. 0.0–1905.
1
506
.1903
1054
1899
50,000 47.4.2 1904 50,600 24.5.3
1904
3/..
B. Malaka
634 пове
1907
"
650,000 678173 Nay n9 a
Bujang
485
Changkat
Cheviot
Okota
719 σας 400
pone 100 DODA 1906
1907
40,000 82, 9.6 Dec '09 £1
1899
87,500 120. 0.0 Jan '10.3415.0
90,000 181.16.4-Jun '10 £1
77 1900.
50,000 115, 0.0 Deqjag 2-
Elphlastone 245
15
"vague"
35,000 143.17.0 Sep 09 2/4.
7/0428.12.0.
Gadong
300
1906
Glesealy
330
42
1899
60,000 200, 0.0 Jan'10 £7 35,000 106. 0.0 "Nov 09, 3/4
Henrietta .600
Bon
Kuala Pahi.. z00.
none
Leadu
473
дове
-Merilmau 5600
1907
· 1908 19a5 100%
61,000 300, 0.0
Jan '10
の
210,000
Fagoh
5. Bahru
.. 1900 1050
70 1903
58,333
$25.
U.Singapore 1779
75,000 116,666
60,000 126.17,0 Novo) £1
37.13.6 Sep 09 2/ 30.140 Jay 'og 71. 0.0 Des 09 1905 1903
65.31.7 Sep 'og AVERAGE CAPITALISATIONS,
Songel Way 1074
Valambros 1729
םםםם
NEW, FORMATIONS, "
WHAT'S IN A NAME?
The other day I had the proud privilege of being shown a terrible-looking application of the Bengali Babu type for a clerical situation which, besides being couched in terms which would defy Mark Twain himself, leave alone the ordinary intellect, was a gam in its way, As I am not well versed in the art of decipher
Mr. Weiser-You can stop 'a fogitive from Austria..
Bls Worthip-You have no details as to where and when the crime was committed.
Mr. Walter-I have no details whatever. Sir Henry Berkeley applied that the statements mads by the Crown and the Austro-Hungarian. Consul the defendant be discharged.
He submitted it was quite clear that the Court had no jurisdiction and that the warrant ought never to have been asked for. He asked that the prisoner be dis charged forthwith, leaving those who accused him of an offence which came batwest the bigh contracting panties-the Sovereign of Great Britain and the Sovereign of Austria
to appear again if they could show that defendant had committed an offence against the Treaty. If his Worship would look at the warrant, he would Gud that the defendant was accused of commit ting perjury within the jurisdiction of the Austro-Hungarian Consular Court at Shanghai. if his Warbly looked at the Treaty, he would and that there was no engagement between Great Britain and Austria to deliver a sub, ject of Austria as suggested in defend ant's caso. The dagagament was found Anicle of the Treaty and was explicit in its terms. Before his Worship could deal with the matter, he must be firmly convinced by the party who rande the application that the person accused of the offence bad in fact committed that offence within the jurisdiction of one of the countries concerned. It was absolutely en
Before Commander Basil Taylor, R., Marine Magistrate, this morning, E.D. Davey, Boarding officer of the Harbour Department, prosecuted Henry Gasson, master of the British steamable Pruth, and the pilot was was in charge of the ship, for enlawfully anchoring her in such a acer as to obstruct the free access of other
from Tibet he must have forfeited some of the on the 3rd inst., in the waters of the Colony...
In his evidence the Boarding Officer stated questioning › veneration and "belist of his that about
on 3rd fast, he want down infallibility that his office svokes among the Tibetann; but it remains to be seen whether the N. of rice anchorage obstructing the up-
ecclesiastical domain of Tibetan affairs. The proach to the Central Fairway. He went on
behest of the Chinese Government that the board. The master was not there;
a mistake to be cancelled at will, or that was. He went to the Fairway buoy and saw last re-incarndon should be regarded a new re-incarnation should take place Green Island Flagstaff, swung store to N.While the Dalai Lama still lives, would the whole ship to North of the line from buoy The Master of the Pruža stated that he had
seam, in the light of past events, to bo streld- ing even the clasticity of the Tibetan and Lamaist conscience. Without the exercise force and we are now to believe that Chao Erb-feng's force adds only 3,000 men to the this Edict doposing the Detal Lama would Chinnis army of occupation-it might be that remain so much a dead letter we its predeces-
or. There is, however,
A NEW FACTOR
the Pilot
never been, In the Colony before, and didn't Korea was in a prohibited place. He shifted the ship as soon as he knew he was wrong He considered the pilot as being in charge of
the ship.
His Worship Imposed a fine of fifty cents on the first defendant.
Mr. Davey, recalled: The pilot-second defendant when I asked him why he had anchored, the ship where she was, replied that there being on room inside he had placed her
there.
The pilot alleged that there was no room laside, so he put her where she was. He knew
of
In the situation. China has now shown her hand in an unmistakabla manner and it may be" doubled, whether the Dalal L'âme, who:in probably congratulating himself on still find.
be was not allowed to anchor a ship in then his head on his shoulders, will care to trust
ble sacred person agatu to Chinese clemency. Fairway.....
Defendant was found guilty, and a fine of $50 was imposed, or one month. OPIUM PROHIBITION IN CHINA,
UPRISING IN AMOY,
in such circumstances China must be pre- pared to administer the affalms of Tibat with,. peculiar tact and unmistakable firmness, Her tanke might be simplified, If there had been mors rivalry between the Tashi Lama and the
· Dalai Lamaų but it is a feature of the relative position of these two dignitaries that the tem A disturbance bas brukes out in the neigh-poral superiority of the latter is more than bourhood of Amoy in connection with the balanced by the merit for enhanced holinars opium prohibition. An official telegram dated acquired by the Tashi Lama through being 10e aand ultimo to the Japanese Foreign Office less contaminated with temporal government says: The Chiness, Government has bean and worldly, politics. If the Tashi-Lunpo endeavouring to suppress the cultivation of the Grand Lama still refois to acquiesce in the poppy with the object of putting a stop to claposition of the Dalal-Lama, the. Chicase. opium-smoking. In the neighbourhood of Government most reckon on the passive or Amoy the course taken by the Govern ective resistance of the whole of Lamalsm to her proposed scheme." Moreover, the con meat has resulted in friction between the
secration of the young Dalai Lama can officials and people, culminating in the outbreak of a disturbance, in which only be performed by the Tasb! Lama. Ac- the prefect was injured. A force of 200 troops cording to the Edict the Chinese Rusl dents are commanded to take steps to dis. was sont from Changchow to suppress the
cover the now reincarnation of the Bad- rising but after 'sustaining thirty casualties in killed and wounded, they failed to restore order, dhisattva Avalokiteshvara; but, although the The Viceroy of Faklen. and Cheklang.baz topresentative of the Peking Government has ordered two regiments of troops to go to the to be prasent at the drawing of lots which if it was found that be had committed an
assistance of the Prefect from Fachow, and decides the selection, it is not usual for him to tako a more active part in this strange corn- offence against the Treaty, Proceeding, Sir
has also ordered the Amoy Ganoral to send a relaforcement of 500 men from the garrison of mony. On the death of either of the Grand Henry contended that the Sovereign of Great Britalo had jurisdiction over certain savage | Changchow. The rebels have formed an asto-
Lamas letters are sent to all parts of Tibet and Islands, because he had jurisdiction over Inlands, such Polyacala and the Soloman ciation called the "Great Flag Society and to all the adjoining Lamaist countries to inquire are endevouring to stir up the masses-Japan whether a male child andowed with extra- ordinary spiritual gifts has appeared. From his own, subjects, although the country did Chronicle.
among the numerous replies, after a carainl not form part of his own territories. They could not, however, arrest a man who had fled to the
process of elimination, the Tashi Lama hai to New Hebrides. The Consular authorities at
salact three names, and there are inscribed on Shanghai hadno power to make the application,
goldan fish which are placed in anʼum of the because the application. did not come within
same metal, presented by a former Emperor of China. After a wank of prayer the the scope of the Treaty,
The Crown Solicitor-We don't' say that wo
5. 0.0591. 1. 3ing Egyptian hieroglyphics, and as the expressential. They could only (give up the accused 2. 5.0 432. 9. asions contained in the official-looking docu- 5.15.0 316.5.0 ment practically amounted to that, I gave up 4.17.0 228, 1, 2
my efforts in disgust. To crown all, the ap 115.0 512, 140 plication appeared above a signature which *2/- paid
Was Bapronounceable, to say the last. Ro minds me of the witty American who described the nature of the appellation of a certain suc. 1850 cessful Chinese medical student in London by saying "Two tries and a sneeze." The student's name was Tea Teal Tsboul ---
180.0, 0
4/1 185, 1, 2 70,000 116.134 Dac 09 21.3.4 1 3.8 118, 6, 8
4/989. 9. 6 „134–46 1.8 ́ ́107; 9. o
·2/4 3/6.98. 7. 4
The average actual capitalisations per planted acte and the capitalisations based upon market price per planted acre are as follows, the companies for which we have no quotations being taken at par :-*
Companies formed bafore 1906
Companies formed in 1906-7-8
Companies formed in 1909.10
Actual Capital. Par planted acre.
Market Price Par planted acre. **** 350. 0.0
་
lecrease Par planted acre ...£310. 7.10
****£ 29 12.2
***
63. 6.8 119 12.2
*** 365, 5.4
0
301.18, 8
... 10.106
W
14118, 41
AVERAGE AGE OF RUBBER UNDER OLD, FORMATIÓNS,.
WHAT HAPPENED TO THE CLOCK. 1 can only remember one instance of a some- what similar incident and, that was a number of years ago, the scene where the incident took place galo being the Supreme Court. On that Occasion, a corisin individual, whose appearance and manners were certainly more COGEON- Years ance with a lopatic asylum then a Court of
A statement of the average age of the rubber trees in 1959 on the old formations may be given as supplementary to the information in the table:-
Years
Yean
Angio-Malay
4.57 Kuala Lumpur
Bata Caves Bertam
-3.78 Lauadron
2.61 Ledbury
4.95 Linggi
Bakit Rajah Cicely
4.15 Pataling
3.47 Consol Malay 3.07 DamenEASO 3.57 Fed. Selangor 3-74 H'land & Low 6.60 Inch Kenneth UNCALLED CAPITAL.
Years
4.14 Porak
5.18 Selangor 3.91 Sungel Kapar 41 Sungal Way 2,60 Valambrosa
Justice, calmly placed a ladder against the wall 473bile a caso was proceeding and as calmly re- 6.33 moved the old clock, which bad ornamented 3.80 the hall from time immemorial, in the presence 3.6% of Judge, bar and a goodly number of on- 6.57 lookers. Of course, everybody thought that the man had come with the object of having the clock repaired, and not a sou, not even the stolid usher, dreamt of asking the Intruder his business. That clock has up to this day not renewed its one-time acquaintance with its 'mural companion. A cer.sin party who cer tainly ought to know assures us that the clock was got stolen for its intrinsic value but with the more important object of getting the batter in a wager. Be won the wager with honour, and, what's more, fully deserved it.
1
?
RATTAN-MANUFACTURE INDUSTRY.
THREATENED RIVALRY IN THE PHILIPPINES.
A letter has recently been received by the bureau of forestry which may foretell the establishment of a new and important indus try for the Philippine Islands; or, rather, the commercial application of an industry whith bas existed in a small way from the very earliest times. This has to do with the machine manufacture of rattan for foraltore and various othor, commercial unès,' letter comes from a group of business men in Los Angeles, who state that, if conditions are favourable, they expect to ship a full supply of modern machinery to Manila, and take up ratian-manufacture on a large scale, exporting the faished product to all parts of the civilized world.
The
At present, Singapore and Hongkong are the principal seats of rattan furniture manufac Manila and other Philippine cities with their ture; but there is no reason whatever way labour conditions and supplier of raw material, should not obtain a considerable share of this profitable industry. In fact, an agent of the barean of forestry recently sent to study the lamber markets, recommended that teachers in the industrial schools of the Philippines be taught the art of ratten fornitore making, so that they in sure could teach their pupils. That the prospective investors will find here all that they need almost goes wliboot snylog, for rattan of excellent quality is found in large quantities in almost, all of the Philippine forests. In his reply to the letter from Cali fornia, Major Abers, director of the bureau of forestry, says in part t
DRAWING FROM THE GOLDEN ·URN takes place in the presence of the Tashi Lama, other high Lama dignitaries, and the Chinese Resident. If the Peking Government adheres to its decision to force a new Dalai Lama on the Tibetans, it has probably embarked on controversy between church and state before which its formar troubles-in Tibet will stak into insignificance.
THE UBIQUITOUS THIEF. Did you ever hear, 'gentle reader, of an over coat disappearing from the premises of a Court of Justice? Most probably not. Yat this was the misfortune which befoll a certain acquaint-know that the crime was committed in Shanghai. ance of mine at the Supreme Court yesterday.It may have been committed in Austria. Mon ami left the articlo in the Court-room and Sir Henry (To his Worship)-If I've un then left the hall for a time but his deep chagila derstood you rightly, Sit, you said the WIE whether you knew that can be better Imagined than described when question be made the painful discovery that it had dis the crime was committed in Shanghal upon appeared. One can understand one's apparel the documents before you. It would be cruel mysteriously disappearing from one's own into detain the defendant in Police custody
The superstitious will like to recall that the alddoch, but for a theft to be committed in the
In order to have time to Bad ont whether
Dalai Lama is the thirteenth holder of that the crime was committed in Shanghai. If the awe-tespiting almosphere of a Dean-room i almost beyond belief. But some men do not defendant committed the crime in Constan-
office and that an ancient prophecy, already tack impudence of the darkest dys and in this tinpole and fled to Vianen he could not ba
cited at the time of the troubles of 1904, predicta particular case the man was certainly gifted arrested. The latention of the high contract-
that snccession to the title will termleate with with a precious good amount of the quality, ing parties was only to arrest persons who
the thirteenth incumbent. Fate could provida cammitted crime in the territory of one
so easier way out of her difficulties for China, and fled to the territory of the other. The
and it is to be supposed that every enlightened Buddhist, cognizant of all the facts, would have sole object of the Extradition Act was to give
to admit that the whole blame for this blow to
rosis upon effect to Treaties whichbad already been made
the Dalai Lam or her after might be made forthe purpose ofer
Lamaism might be called. All your Worship bas to do
comings, as set forth in the Imperial Ediet, tradition, otherwise international complications
himself. In the recital of his short-
to construe the documents and the warrant
there is little that can be termed szaggara before you and to say whether prisoner has
tion. Proud, extravagant, licentious, violent, committed an offence which would justify your
refractory, fickle, crafty, decalifof-these are harsh terms to apply to one in the link of Worship in remanding the prisoner, or deal.
re-incarnations destined to produce a tros ing with the case at all. I submit that no offence of the nature suggested has been
Buddha is course of time. But those who have followed the history of this erratic pontiff sinca commlited by the prisoner. There is no engagement by Great Britain for prisoner's ex
his mundape.activities brought him into con tradition. Further, you cannot remand the pri-
flict with the Indian Government will realize soner, because the application has been made by
how near the truth the indictment is. It proves, the Austro-Hungarian Consul. The Consul har
however, considerable access of confidence to said that he had received telegams but that is of
the Peking authorities in their dealings with no value at all. Applications for extradition are
Tibat. A year ago the Dalai Lama's presence givings on both sides, and it was even then a usually made through diplomatic channels but
in the capital was demanded not without mig sometimes Consular officials are empowered
"Rattan, as it is called in the United States, matter of speculation whether he would be to apply for a provisional arrest and subsequent
ba Infarred that
the surrender pending formal application. All is known in the Far East a Bejuco, and it is allowed to leave Peking alive. To judge by we have is an application by the Austrian one of the principal misor forest products of subsequent events it has to Consul on information received by the Con the Philippines. It consists of plants with Chinese Government is inclined to regret its Wh bother solar anthorities at Shanghal. The application long climbing stems. They belong to the leniency of nearly two years ago, Das come before your Worship quite fregularly Palm family and may properly be called China is better able to dispose of this great pro turbulent priest at this juncture without and should be dismissed on that very ground climbing palma. They grow in alone. The Austelan Consal has no power to act lusion of kinds and quantitias. In all virgin letting loose the elements of lasurrection in in a British Colony. He has no powers beyond forests of the Philippines. The hill and mong Tibet is open to conjecture. In her efforts for what a British Consoler official would have intain segloas, produce the best grades, while the better administration of Tibet she will have Austrian territory, unless he could show that those apon the flats are larger, coarser and not support of the reception accorded by Buddhists bs was acting under the Instructions of the so tough. Several kinds are found, some of to the Dalai Lama in Indian territory Indicates the awkward position in which Great Britain The Toa Cement Company," which was
which are of little value Secretary of State for Foreign Affairs. Landa har 58 acres 3 years old, 38 ́acros 2, formed with a capital of Y500,000, on the submit that the Austrian Consul has no Although little is known definitely of the may be placed, in regard to her Indian subjects, years old, 42 acres 2 years old, 73, acres if initiative of Mesir. Kanematsu Fasajizo, Mat- jurisdiction which would justify bins io detalo total supply of bejsco, it is certainly large in if the smorganization of Tibet is carried out in a manner repellant to the religious scruples of to x year old and 372 under inB JOLT, Y takata Kojiro, and Takigawa Beoro; of Kobe,log defendant. Naturally, the matter was the forested portion of the islands, which com Merliman: This is one of the largest estates, doring the business boom of gay, experienced rather obscure, but now that I have brought it prises more than one half of the total area of the adherents of Baddhism.-N. C. D. News,
Obtain some ing but the rubber is very young. The tree difficulty in obtaining sufficient working fands before your Worship's notice, you ought to dh- the Archipelago. In order ages are given as follows--28,ors trees at in consequence of the depression which en charge the prisoner. Even supposing all proper dication of the yield of bejuce, two plots, each SLAVES OP THE SHARE BOOM, year old, 197,972 trees 2 years old, 46,727 sved, and borrowed Y400,000 from Mr. Woo formalities bad been observed, the offence is not a3 metres square, were cat and mespied by trees 13 years old, 184,329 trees 1 year old, Ching-don, a well-known Chinese merchant of one for which the Sovereign of Great Britain the Bureau of Forestry, showing w/yield at the 300,785 trees under I year.
rate of five thousand metres per acre of bajuco Kobe. According to the Oraka Fifi, the come has engaged to surrender the prisoner over.
of commercial grade. These plots were taken Pegab aiands well among the now companies, pany has lost on its working in every period. On these grounds, 1. sak that the prisoner be
It has so mcres 5 to 6 years old, 20 acres 4 and the outlook is considered gloomy. The discharged, -
at random on an area where the supply was years old, 351 acres 3f years old, gaƐ acres business of the company is practically aní. The Crown Solicitor-Sir Henry's words no good: and although they probably yielded Syears old, 245 acres 2 years old. To panded, only the cement is stock being sold, doubt will have great weight but the applica rather more than the average supply, there are these figures i year may be added having Some of the directors and shareholders recom- tion is simply an application by the Austrias large areas which are fally as well stocked.
During the fiscal year from July 1st, 1908, regard to the date of formation. The ra mend that the company be wound up, and Consul to detain the prisoner in Palice custody. mainder of the planted area is unden a after soma private conferences the board, of It will be for your Worship to say whether it to June 30, 1909, a total of 3,638,380 kilos of YO&TH
director bas decided to hand over the concern would be reasonable or not to detain the rattan were utilized from the Philippine forests. Bungel Babra has 195 acres, over 4 yours, 100
The The average market price is $5.00. gold, per to Mr. Woo Ching-don, who is the principal prisoner for a few days, a
His Worship Unless you claim that the one hundred kilos. The forests charges paid ́RCIBE 4 YARIS, 774 ACTOS 2 Y8416, 4DX BCEOs shareholder and creditor, and negotiations aro
if yours and 256 ncron 1 year.
progressing between him and the board of offence was committed within anything as to the Government amount to 1/10 of the likely to go on doing it for weeks more, balese United Singapore: This is a property entirely directors. The conditions of the transfer are Austrian territory
under Chinese maargement. The plant- that Mr. Woo Ching-don take the cement is Mr. Weiser have to wall for particular market price or $0.50, gold, per one hundred ing does not appear to have been done stock at a valuation of Y100,000, which sum The mere fact that the Consular Court is there. Even the poorer grades sultable for baling meet a ready market and the call for them is very regularly, but tapping has been going will be allotted to the shareholders as dividend, shows there la farisdiction on for some time, and there appear to The Osaka Journal adds that it is doubtful Bir Henry-No, no, A Consul is no pubile specially strong in places where large quantis many very good trees-Straitz Times. whether Mr. Woo will accept these conditions. Ministar
ties of hemp, sugar, tobacco and other agriculs -Jagan Chronicle,
Mr. Welest-The baliding has jurisdiction, I sural produçta are handied,"
Some of the companies in the "old formations" have not called up all their capital. Osly the called up is dealt with in the above tabis, the authorised being as follows:-Bato Caves 430,000 Consolidated Malay £75,000; Damansara £110,000; Highlands and Lowlands £320,000; Inch.Kenneth £50,000; Lanadros 6320,000; Ledbury £135,000; Linggi £100,000; Pataling £30,000; Sungai Kapar £170,000; Valambras £60,000,
Full capital anthonised is taken in calculations of the new companies, as practically every penny will be required for development purposes. cima,
NOTES ON NEW FORMATIONS. Batang Malak has 75 acres x years old, ..to acres. 3 years, 237 acres r and balance
1 year and under. „Bujong has 49 acres 3 years old, 63 acres 3 years old. The remainder is under 14 yours.
•Obnogkat has 6,000 trees over ten years old and 2,000 more trees, which are expected to bear this year, the remainder of the planted area ranging from '3 years to 6 months old. The total number of trees planted is 90,000, Oherlot has 74 acres, which were planted In
"
1906, and 413 acres planted in 1907, the ramainder dating from 'middle of 1905. Obote bas 4 acres of trees 6 to 9 year old, 73 acres 4 to 5 youṛs old-Bo acres 3 to st years old 250 acres rị to až years old and 15- acres one year old.
Elphinstone: This compony is partly the min. ing and partly rubber. Its total capital is £64,000 and the prospectus did not show Clearly how it was divided. We take £35,000 as a moderate estimata for the rab bar section...There is, it will be remem bered, a dispute about title. Gedong: The prospectus said that "the planted
portion consists of 900 acres on which about 19.750 para trees were planted at the *«nd) of 1906.* Half the 'planted area is clean. Following govemment, expert advice given about a years ago (the pros pectus says) the estate was planted with Orotalaria, with result that a heavy crop, of « wenda and talang was produced.Moon Giononly has da serws of ten-year-old rubber,
· but thu trees are thinly planted-only 8,340
trees in all. There are 97 acres 19 months old, 116 acres 16 months old and 75 acros 9 months old. Henrietta had 167 acres planted in 1907, 273°
acres in 1908 and 166 acres in 1909, Koala Pahit We need say little about this estate. Its rubber averages about 3 months old, and the capitalisation may be described as proposterone to save using a stronger ferm.
I
CASUAL ÜRITIC.
JAPANESE CEMENT COMPANY.
WINDING UP RECOMMENDED,
kilos.
We hear of the tremendous excitement that prevails in London over the rubber share boom, and of the way that stockbrokers arg working day and night to clear up the masses of business they have to deal with. We are quiet, unostentations people eat here, who turn our Penny Into a Sovereign without invity. ing, all the world to take note of what we are doing. But as a simple matter of history let it be known to all whom it may concem that the Singapore sharebrokers are working day and night-have been doing it for weeks-and are
Minetto grasswidowhood, and fathers make lusty pro- wives rise in righ.ciui, indignation again test against sinking into a mere modding so- quaintance with their sons! Truly those be strenuous times, and the brokers will be mutile millionaires, or themes for eplumpbar 11-186 boom gow on much longer,—Stralia 71