WATER RETURN.
Level and storage of water in Reservoir
on the 1st August, 1910.
CITY AND HILL DISTRICT WATER WORKS
LEVEL..
1909,
Tytam... ́a2′ 4′′ below
averdow
wash... overflow.
1910.
overflow
Overflow
elow) 13 n below TytamBye-45" below): 37" 31" below Tytam In 1′ 4′′ below. 334*, below -termediate | ovarfów
Pokfulum f′ 3′′ 'belöw'
overflow
overflow
44 below
Overflow
Wong (below) 14 below
chung...
overdow
STORAGE GALLONS.
1900
Tylain
211,610000 Tytam Byewash... 878,050 Tytam Intermediate 188,116,000
Pokfulum...
Wong-nai-chung
Total
19'0.
THE HONGKONG TELEGRAPH TUESDAY AUGUST 9 1910
CHINESE BANK FAILURE.
YUEN SHENG SUBVENDI PAYMENT.
The Manila Timar, of 4th inst., is authority for stating that the Chinese bark known as the Yuen Sheng Book, on Calla Aulongue, has suspended payments as a result of the collapse of the rubber boom in Shanghai, it is believed. ments had been suspended, but when pressed The mat oger to-day at fit denfed that pay
aled that it was true that the bank had closed, but that a meeting would be held this afternoon at three o'clock by the board of directers when funds would be raised by local Chinese to re- open its doors
This bank has for years dose most of the business of the batier class of Chinese mer. chants with the Chida coast, and when it be 276,690,000 came known this afternoon that the bank had 158,200 pipended payments the Chinese flocked to the *77,780,000 institution to find out what had become of 65,460,000 56,580,000 their drafts, exchanges, olc.
4,813,000 13,804,000
5,127,000 525,218,000
The bank is generally known in English as the Hongkong-Manila Yuen Sheng Exchange Consumption of water in the City and will manager is Yu Biao Sontua, a prominent and and Trading Company, Ltd, and its local District during the month of July.
wealthy Chinese. The bank is capitalized at P1,000,000 of which ball is paid up, P250,000 being subscribed locally. It does a gouaral banking business after the Chinese system, as well as an insurance business.
190;
algio,
•
Consumption...23,698,007 148,051,000 gallons Estimated' 208,840
$10,650 population Consumption
19.0
11.6 galloni
per head per day...... Intermittent supply by Rider males in Rider main district's darfsg July 1909. intermittent supply by R dar mains in Rider m in Districts -up till the 11th July ad constant supply to the
end of the monili, 1910.
KOWLOON WATER WORKS LEVKL
Jncy.
** 23' Overflow
1910.
Its main office in Shanghai is knows to be in serious difficulty, but it is still ruanings The manager of the local branch may possibly use his wealth to get the Manila bank out of its difficulties, and it is said that he will do so,
5th August..
The Yuen. Sheng Bank of Manila, which suspended payments two days ago owing, it is believed, to the collapse of the rubber boom in Chioa, bad not begun to resume payments op
below) 195 below to two o'clock this afternoon. The directors
αντίβου
Kowloon) Gravitation Reservoir
Water level seduced for construction posts in 1910,
STORAGE GALLONS,
1939.
1910.
beld a meeting yesterday, but decided to do puttice of the bank in Shangbai. It was believed nothing pending mail advices from the meis
Thursday that Yu Biao Soolus, manager of the bank, would come to its falcde, drawing upon his own private wealto.
RUBBER.
& Co.
COMMERCIAL.
To-day's Advertisements.
August 9th, 3 p.m. The following quotations for rabber sbares,
HONGKONG
Tik. 15 23/9
The Lendon and China` Bspices of July 15 has the following
The market for Paid keeps firm without by wire, are supplied by Massrs. E. S. Kadoarie much business passing. Fine Hard Paid on the spot is quoted ios old value, July-August delivery' said at 20s 1id to 10s old and value, September jus ad value, and October-Decem and August-September at zos ijd and sellers,
birga od value. Soft Fine Toly-August os alu and August-September gsed values. The ceipts at Fand this month are 1,410 tons, galust 750 tots last year. Plantation is quoted at about gs ad to gs 1od per lb. for good average sheet.
A
Every one kdows that the price of rubber has beau, and still is, at an abnormally high figura. They could not expect it to continue at its pre sent price, said Mr. Rutherford, at the Bukit Rajah meeting, nor was it desirable that it should do so. Few people are, however, aware that the value of rubber imported into this country for the six months ended June last ex previous year by 10,000,000. This most cended that of the corresponding period of the
manufacturers, cause great foaucial 'etrain on dealers and
Messrs. Gow, Wilson and Stanton's report states -Robber receipts are now showing a marked falling off, the receipts at Pará for Jupe. amorating to only 1,300 tons, as ngales 1,550 tous last year. The landings and deliveries for the twelve months ending, Jusa yo uro also of an interesting nature, showing as they do the riving demand for the raw article. Tha do liveries for America mounting to 17,6po tous, against landings of ouly 16,000 tour. Those for England amounting to 16,500 tons, against a landing of 17,500; and the Gootinental land- ings, and deliveries bring on a parity at 3,000 100s. The world's visible supply may be quoted as follows:igio, 4,100 tops, úgainst 3,131 (one in 1939.
Messra, Geo. 'White & Co., in their weekly report, give the following statistics :-Receipts at Paid for the moath up to 7th instant were 1,1go toss. During the whole month of it is understood that the officials of the bank July last year total was 5,400 tons, and are in the dark as to the causes leading up to 1,310 tons in 1908. The following are the ue present situation, especially since the main figures for last crop-Receipts at Pará, July ice in Shanghai is reported to be still, 1959, to end June, 1910, 39,130 tons; receipts meeting its obligations, Mail from China will at Park, July 1, 1908, to end Juse, 1909., 18,cpo Consumption 74.990 248,000 gallons un received to-day, and correspondence which toes; receipts at Fard July 1, 1907, to end Juue,
the local back has asked for may explain the 1908, 36,650 tons. situation and forbich a solution of the problem.
Kowloon Cra-)
vitation Re-155,103,030 87,513,020 gallons servoir.....J Consumption of water in Kowloon during the month of July:~
190g. 1910.
.Estimated
population
Consumption)
88,5.0
9.0
1
0,300
per bead per
8.5 gallone day). The Government Analyst reports that the water is of excellent quality.
"。,。
W. CHATHAM,
Water Authority
PM, & T.K.K. RELATIONS.
NEW STEAMERS WILL REPLACE
"CHINA" AND "ASIA”:
The immediate reason for closing the local branch was learned this morning. The Yuen Sheng Bink is 'a`mutual benefit association, and part of 118, business is to issua amali drails on China cilies' at a trifle lors' than the usual banking rates. The back is able to do this for the reason that in seculing ex.hange ou China it either buys telegraphic trausfor ur sonds gold la cover drafts issued in Manila.
Tuesday last the bank made a remittance of Pic,000 10 the main office, to cover drafts al- ready issued here. These drafts were diston- Clad in a grey tweed suit, wearing a panama
oured at the main office, according to telegra hat and smoking a cigar Mr. I. P. Schwerlo,phic information received here, and the buyers President of the Pacific Mail · Steamship Com- pady, sat on the pics of the Grand Hotel, Potied to the local bank for reimbursement.
Payments were lien suspeaded. What the Yokohama, converging with Mr. B. C. Howard, directors here do not understand is why the the agent of the Company in, Japan. As Mr.
main office cas concus business and at the Schwerin was leaving the pazzi, a representa
same time refuse to bancor drafts, of its Manila tive of the Advertisir supped forward and desired a little júformation in respect to the branch. Today's mail may explain it, they alleged breach of codtract of the Pacific Mail beheve, and they assert that the bank will
re-open to-morrow.
with the Toyo Kinen Kaishu,
Alleged breach of what i said Mr. Schwezio. There has been no breach of contract that I om Bwars cf.
SEARCH FOR OPIUM,
CHINESE CREW'S QUARTERS OVERHAULED, As cffist to fight the opium traffic to a finish, the treasury department has ordered the customs inspectors here to seize every ncrap, to the smallest pill, of opium that they can fi id in the quarters of the Chinese crews of the
Anglo-Javas Anglo-Malays.. Balgownies.....eskond Hatu Tigas... Balt..me
Bukit Kajatjar{pp.) .........................................63/.. Bukit Rajabe infring
Carey Uniteds..................................25{• prem. Castlefelds................$/ Chiangkat Serdange $14 Cheras (part paid} „........................$13 Do. (fully paid)...............$26 Damausal&#.................................. 160)- Eastern Internationals..... 17,6 prom. Fed. Selangora Glenealys
$2.50
Glensbiols ..... Golcondas..........15/- Goldea Hopes...................... Highlands and Lowlands..... Indragitis...............
..Sag
loch Keuneths............... "Jequies........................
Janglandor.....so,itiikkatkım qu Kamanings................................5/6 prem. Kuala Lumpers
***
Lapadrons (fully pald) ........................ Lanadións (ppd.), «....................................... Lábus. SPIRI
Ledburys.................... Linggls
..80/-
London Asiatica. 11/9 Loudon Ventures ...
Mortiman.......
Pajamise
Pegahs
...7/6 ..5:6 536
Rubber Trusts........ Saggas
.30/3 prem.
..$35
Sandycrofts
Sapongt.
Senfields
Sekongs
30j. prem, Shalfords ...n an
0.70/. Singapore & Jabores
...............$16 Sumaira Paras ............... - IGI Sungel Choha
[CO). Sungei Kapars Tandjonge ..... Tangkah........... Toeregis
Ulu Ranti
5/3
........... 17.6 prem, - prem.
115.
United Serdangs United Sing pores................£1.75 United Senatraf....32/.. Unbed Langkati ............. Pata Rabber..
****... 80% 7/9 per 16.
SHANGHAI
INTERPORT SWIMMING
GALA
AT SHANGHAI,
SEPTEMBER 1, 2 & 3, rørá,
"HE HONGKONG SELECTION COM THE HOT lovites all candidates to practise in the V.R.C. Bath between 5 PM. andyr.. daily..
FRANK LAMMERT, hub. Secretary, Victoria Recreation Club..
· Hongkong, 9th August, 1910,
1554
"SHIRE LINE OF STEAMERS, LIMITED.
FOR LONDON, HULL AND ANTWERP.
"HE Steamship
THE
"CARMARTHENSHIRE," . Japiale Daniel, will be despatched at above or or about 20th August.
This steamer has excellect accoram dation for first class passengers at cheap. rates, is filled with Electric Fans in State Rooms, and carries a Doctor and Stewardess,
For Freight or Passage, apply to
JARDI VE, MATHESON & Co, LD,
Agenta, Hongkong, 5th August, Fores
[535
THE "SARIK BAGJEK”
SOLD TO CHINESE.
The str. Saris Bandjar arrived at Shanghai from Hongkong on August 1, and as the rasult of negotiations through - Mesues. 14. J. Roope and Oo, ganerat brokers, etc, haï changed ownership. The vessel which ́was owned by the Dolch firm of Hendal and scheepy. Masts, Banjer, has been purchased by the Shaosblog 9.S. Co. for trade between Shanghai and New- chwang. The Sărie Bandfor in a steel screw steamer, gross tonnaga 1,237 and natt 767 tons. She was built in 189; at Kinghorn, by Messrs, J. Scott and Co. Her length is 219 8-ft.;
Intimations.
KIDNEYS.
AUSTRALIAN SHEEPS
KIDNEYS
at 60 bouts por dʊr.
THE
DAIRY FARM CO.,
LIMITED.
The "ABAIII" Brewery is situated wsar is "SUITA SPRINGS." These Calebraui waters are avad ju the inanufacture a Our beera
Parity guaranteed. Note Price List
"ASAHI" & "SAPPORO ".
Boar
per ca 4 dos, qua $12.00
por casa il dos, pls,"
$13.50
To be obtained at all Retailers,,
beam 31-ft. and drauges 131-fi. The price of T EXPURISH-FOREIGN IMPORT &
the sale has bus besa disclosed.
DEATH OF MK, B. D. SROTTOWE,
LATE MANAGER OF CHARTERED BANK
QF L, A. AND CHINA.
The exhibit at the Japan-British Exhibition of "finest smoked sheet" of the Highlands and Lowlands Paid Rubber Company, Limited
W® (N.G.D. News) regret to have to announce has been awarded a diploma of honour, Prof
the death in oglnod of Mr. E. B. Skotłowe, Jevans, the rconomist, in some remarks in the
formarly Maneger of the 'Shanghai Branch al Rubber World," writes:-A study of the
the Chartered Bank of India, Australia and figures of cost of production and of output is in
China. Mr, Skottown had been is a bad state many ways instructive. It shows that cost of
of health ever since he left Shanghai jo Fabiu- production falls with increase of output, but
ary, 1908, and httle hope had been entertained also that differcul companies have very different
JULY RUBBER - RETURNS,
of his complete secovery; but the news of his casts per lb. far much the same output, as & Kamuning (Perak) Estate returas for July death, which was received by colegiam, from result, no doubt, of varying ability lu man- ate as follows:-Output of dry aubber 7,935 London will come, oevéitheless, as a shock "ta agement and differing advantages la the lbs, net revenue from tin mining $3,418, The many. Mr. Skoliowo was bare in the Isle of Man, property itsell, Whilst the costs in 1908 figures for the corresponding months, of last | and surved bis-fiest apprenticeship to baoking are alt lower than in 1907, thers a slightyear were:-Dry zahber 4:549 lbs., det revenge with the Douglas branch of the City of increases from 1908 to 1909, undoubtedly dus fram tin mining $1,615,
Glasgow Bank. He came to the East in 1882 to the rise in the price of rubber. "Wirstly, this
Changkat Salak Estate, output of dry rubber as a member of the Chartered Bank at Shang, July was rolbs. The out-hal and in 1891 became Manager. His nams put for June was 950 lbs. and tu harvested since tapping commenced in March straps be remembered in Shanghai as that this year i9-3,001-lb-
raises the ad valorem export duly, wúku a included in these figurer; secondly, the buge profis being made by most of the companies enabled them a treat their European em playces liberally, large commissions and bonuses being paid; and, thirdly, there has
SEUL SOM
Labu Kunie, suipat of dry rubber last month was 17,615 ths, making the total for the dust
seven months of this yeaï 165,984 lbs. The figures for the corresponding pesiod last. year were:-July 8,348 lbs., first seven months 33,618 lbs.
probably bran a slight increase in the cost of labour, not in all cases offset by improved training and organization, le most cases, however, there is n alight decrease of cost per Ib. in spite of all these adverso factors. By the lime the price of rubbar has fallon to ts, gd, per, lb. the cost of production in the best-managed
In the House of Commons on July 14. Mr. estates willnlmost certainly have been reduced to 8d, or gd. per lb.-some plantors of experi- Bowles asked the Foreign Secretary whether ence say gd. per lb., and I see no reason to be bad now received information respecting
AN ECHO OF THE WAR.
But the Ban Francisco Chroniclé said--- You meau San Francico Call'interjected Mr. Schwerin. "That paper is always trying to get a rap at me. We are not friends, and they don't let an opportunity pass of hitting me is some way or the other. In fact, I do pot taks mach notice of what they say one way or the oriental liners, reports the S. F. Call of job doubt it, though I have not felt at liberty tha acts contrary to the law of nations com.
other,
5
ult. The order was carried out for the first time yesterday on the japanese liner (higo Afaru and the Pacific Mail liner Manchuria, and it is danifol if the comin ints of the Celestial victims could be translated into Eng Of course I have heard of it. These rumours tish that would be allowed to pass through the
But surely you must have heard of the ru moured combine between the Toyo Kisen Kai sha and the Western Pacific Company? Is there nothing in that?
have beenßying for the prst three yeus.
And you think there in a thing to them? O the contrary. The arrangement betwees the Pacific Mail and the Toyo Kuen Kaishi was made in 1898 at the asking of the)panese ?hey wanted to get into Saa Francisco and they did not wait to fight for it, ibus the arrangement was made.
company.
Udhed States mails, „
The majority of the Chinese employed on the trans-Pacific Imers use opium. Waen the Chi- Dese fireman comes up from the stakehole the fi:si use he makes of his watch below is to roll and cook a pill or two and forget his troubles in a series of puppy dreams. Both the Pacific Muil company and the fuyo Kisen Kaisha Bat if the sumours relating to the Toyo provide opium'deas for the use of their Asiatic Kisen Kaisia and the Westers Pacific prove cows and Celestial passengers. It has been to be true will it not meas that there must be the custom for the inspectors to keep their a split between your company and Toyu Kisepads off Iis personal supply, which acidom Kain?
amounted to more thau a few tins and the opium raiding has not interfered with this little indulgence on the ships.
The order of the treasury department was entrusted to the searching force to carry out and they made a good job of it on the Chiyo, and danchuria. The opiam smokers among the crews of both ships could bespotted by the smiles they didn't wear and the flow of apparently torad conversation that was turged loose wherever two or three of them wero gathered together. Enforced ab. stinence from opium has a serious effect sometimes on victims of the habit and the officials of the companies at this port are pre paring for troubla,"
I suppose it will, but our arrangement calla for sixty or mine y days' not.ce--I don't re member which-ind that gotics has not been given as yet.
Then those two steamers which it is reported you are building, what of them?
They are to take the place of the Ching and the Asis, both of which are too small for the trade...
What will become of these two boals then- The Ching-add-the-Asia?—
The Cèle : will (o all probability go on to the run between Honolulu and the mainland. She has always been a most popular vessel, and the people at Honolu’a bave for a long time been clamouring for a direct service with San Fran. cinco.. You see, by very little alteration-by doing away with the Oriental steerage, will be possible to make room for dilly or sixty more passengers on the China and by the use of old fual she will be able to maintain au average speed of seventeen kootr ao hour. The boat is in excellent condition, her bull is just as good now as an the day she was launched.
·Then as far as you know nothing definite has baen decided upon oliber way?
I know just as much as you do, said Mr, 16M Schwazin, and with that the interview coded.
Qu the liner Manchuria, where a much larger number' of Chinese is employed, the effect of taking, away the opium is even more apparent than on the CAiye, and the chorus of protest louder. The secretary of the treasury, however, knowa 'nothing of the joys of the pipe and the order is not likely to be revoked, end au jong as it stands the searchers will see to it that it is strictly enforced.
to assume so low a figure in my calcula-mitted by the Pussian oval forces during the sieos. Like all agricultural industries, rubber war with Japan In 1934-5, în sinking the Knight plastine is subject to the law of diminishing Commander and the flips ng, and in buraing retures; but the effect of this law in fore the Qinhamta, and that destroying the most ing cultivation or inferior soils, and thus rais. material evidence for the Prize Court; and ing the marginal cost of production, can bard-whether His Mrjisty's Government still pre- ly be felt for some 65 or 70 years at least. Posed to submit to these sets without insisting There are three reasons for tbls: Firstly, the, pon due reparation.
Sir R. Grey; I am waiting to receive the full || long life of the rubber tree as compared with most agricultural plants; secondly, the extra text of the judgment on the last of these cares ordinary adaptability of the Para rubber tree outstanding. I expect to receive this soon, coabling it to grow and produce well, so far asand shall then consider what further com we can now tell, in a great variety of soils and munication should be made to the Russian situations, though no doubt,some will ultimate Government respecting them. I must, how- ly be proved much better than others; and ever, point out that as long as the difference of thirdly, the e sormous area of land in the tropics opinion which was disclosed at the Hague Con at present uncultivated. conclude that der ference of 1007 exists amongst nations respect. ing the period which most interests us the effects of batter methods and of large scale pro-ing the sinking of neutral prices by belligdranto, duction within the limits to which it can be and as long as the final decision in such cases carried will bo predominant, and that the contests with the prize courts of the belligerent of production will fall rélatively to prices in Power, there will be constant risk of such cases general for some forty or fifty years, and possi recurring with repetition of the sime difficulty bly longer.
in settling them.
THE SHARE MARKET. The market bar again shown its ability to rezist the adverse conditions exuting in other departments of the Stock Exchange. This is ample evidenca that there, is capital awaiting favourable opportunities of picking up lines of by investors is still going on, but the doating shares that may come on the market. Boying supply at current quotations is extremely act gro. At the close the market shows distinct signs of improvement. The fortnightly settle ment was fairly easily arranged, the accoun! sbowing reduced commitments, whilst simul taneously the "Lane" Rubber sales ware proceeding satisfactorily.
THE FORTNIGHTLY AUCTIONS. At the auctions held on 12th and 13th instant there was a good demand, and the bidding was very general Prices for good qualities of Bis. cait, Sheet and Crape opened very steady. The festure of the sala was the large demand for inferior and bathy Grepes which started about 41. better than last anction, and improved another ad, at the salo progressed," High prices were also paid for Smoked Sheet. At the close pale Crepes were a little easier, being about ad, to ad; down. Other qualities closed quite steady.
"THE 'Baw ̃U. 5, navy colliar Prometheus, which left San Francisco July 2, arrived on with ult,
The supplier catalogued (about 327 toni) at Honolulu, The Fromelicus was sent to the
ware larger than bad bran anticipated, exceed. island port to tow to San Francisco the cruiser log the quantity brought forward at the last diun B12 Charles and Lady Drigson and Miss Chillanooga, which lost its propeller while on sale by about do tons. The highest prices Dudgeon have left London for the Continent the way home with the Cleveland, from the real sad were ps, sod. for Highlands smoked sheet and cr. fd; for acma Sekong, smoked
2pics and will not be back until the end of Septem-Asiatic sintion. The Cleveland towed the crip sheets the highest price for Crape being gt.
¡of July t5.......
pled cruiser as far av Hogolyla
ei sich for a parcel from St. George Batale,
Events Coming.
Thursday, with Aagust.
at Mr. G. P. Lammert's, 3 p.m.
Auction sale of valuable Leasehold Property,
Friday, 12th August. Anciton sale of valuable Leasehold Property, at Mr. G. P. Lammen's 3 p.m.
Saturday, 13th Angost. Gymkbans, Race Course, 3,30 p..
Monday, 15th August,
Crown Land Sale, at P. W. D. 3 p.m. Statatory meeting, Toerangie Robber Co., 5
p.m.
Toosday, 16th August. Hogbes & Hough, Auction Sals of Sundry Goods, at Naval Yard, to am
Wodnesday, 17th August, Hughes & Hough, Auction Sale of Sundry Goods, at Naval Yard, se am.
Thursday, 18th August. Legislativa Council meeting, 230 p.m.
Saturday, 20th August. Hongkong Bank masting, City Hall, at noon.
Monday, and Angust. Hongkong & Whampoa Deck Co. magting,
was ever ready 10 encourage. 12 Thorhi khe a much-needed impetus to Association Fool ball by presenti g the Skottowe Cup, which is
now connected with the League competition. In 1907 in conjunction with Mr. Joho Prentice be gave another Challenge Cup to be competed for by international teams. Mr. Skottowe's poslion gave him a recognized influence in the affairs of the Settlement and he was 'at ont time a member of the Municipal Council and Chairman of the China Association.
KING BUWAND PII.
·THE QUESTION OF A MEMORIAL
London, Aug. 5.
ings, Liverpool, England, is prepared to receive Goasigaments of Local Produce on bost, terma.
[485
LF
THE
HINA PROVIDENT LOAN AND
- MORTGAGE 00, LD.`·
(Caritel Paid Ur ***$1,250,000)
Los on Mortgage of House Property, &c.. Goods received då Storegs. Advances made on Merchandise. Loans made on the Provideni System.
(Rates and Particolari on appăcation).
INK QFFICE OF FRUSTES, EXECUTOR OF WILLS; ATTORNEY, *. Ondertaken and Kescutad.
SHEWAN, TOMES & ̈00,
General MacARETS, kingrong, taik Maron, 1903.
[4
SAVE YOUR HEALTH
taking the cheapest and most agreeable Table Min
COJZAN GATIER” approved by the French Faculty
of Medicine..
Large Battles
Dorea
Case 50 Battles........
H 69 H
Of the suggestions for a London Memorial King Edward VII, 'the two most striking are SOLE AGENTS I the purchase of the Crystal Palace and the
The former promises to be the more popa- rebuilding al Buckingham Palace. lar-W, C, D. News.
So.ja
"FRENCH STORE.”
Mekano' 18th July, soro.
"Worth having
THE
BEST *SCOTCH
Perfection
WHISKY
80 E AGENTS: H. PRICE & CO., LD.
PROPRIETORS,
D&J.MCCALLUM, EDINBURGH.
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