Intimation.
Powell's
ARE SHOWING
UPHOLSTERED
FURNITURE
IN
GREAT VARIETY.
LARGE, DEEP
AND
COMFORTABLE
LOUNGE
CHAIRS
SETTEES.
Chesterfields.
DINING
CHAIRS
OFFICE
CHAIRS
FANCY
CHAIRS
SHOW
THE HONGKONG TELEGRAPH WEDNESDAY AUGUST
RUBDER L81ATE, VALUESK
from the halg
ambler:
bushies ftat, and bars
THE POLICY AND PROFITS OF CATCH" "CROPS"
| soppo
bara Home resemblanco, in fact, to COCOMUTI, A VALUABLE PERMANENT CROP 201s when seen in acres. Each bush
Most experts are of opinion that the soundes many clusters of small barries which ars
lacted, and diled for export. The coffie bush pel'cy s rubber company can pursue is to clear'
Samne vojakaako taay rise to the dimensions of a sturdy tres, the jungle or rapidly and as completely but usually it is seen from three to four feet sible, fa plot as much rubber as can bogo high. At one time there was vary and then to cleanweed every inch of the ground, so as to hastem'ike growth of the trees until they coffee.coltivation in the Malay Archipelago, reach a girth that readers them fit for tapping, but Brazilian competition brought prices down Under very favourable conditions, where this 10 one quarter of the figure at which they stood policy is faithfully adbered to, a fair prepar ion when the plantations were started, and then of the trees may attain a ginib of 16 to 1 inchis sands of acres had become a hopeless burdan bes feet from the ground by the end of their their owners when rubber cultivallon cams third year, and be fit for tapping, and by the with new hope, and un-dreamed of prosperity time they are så at many sa 75 per cent, may be tomes who had barn vorging on despair.- " At this stage. Such rapid development, howaven is tipusual and the planter la forunate who deas not have to pat la 10 per cent of supplies dor. ing the first three to four years. Some plants do "not" prosper, through inhe,ent defecis, otters get broken and a few may show sigun of dis
|
Whoo gambier, pappar, or coffsa is plantedi simultaneously with rubber, it is possible to get four crops from any of there catch crop
5 or more
Seren
200 10,400 1,000 Some as old trees under exceptionally favourable conditions are known to bear, as many as eighty and even ong hundred bats pe sonum erch Fdiy in a puntec ty vafa 30 uis, therefore, in ti a valuation scala. It las presents a good avenge over a fairly larga acresge say 500 to 1,000.Straits Tim 3.
Public Companies,
before the shade from the rubberiseer is heavy | HONGKONG AND SHANGHAI BANK- 15-ING CORPORATION_PAGE excugh to prevent them growing, Gimbier reaches materity la about two years, peppar in
THE DIVIDEND DECLARED for the
onso All these, eltheras weaklings, or replaced about three yssis, and colfax in from two 18 Hall-Year ending 3h June, 1910, at the
by supplies lag behind the best trees and post pone the date at which no acre can be describid' as a full bearing, sli
three years.
The figures given below are ant profits after allowing for cost of gathering and preparing It is assumed that the general cost of upktup | is charged to the permanent crop-ic, the
rubber.
CATCH CROP PROFITS.
Natt profit per acre from four crops." ;
Gambier. Pepper Coffre,
picula. $ picais, $ picult. $
a
6
I
$14.95
15
63 4 40
"
6
Y
16.8
E2
st.55
J
$50.
5:10. SASIE IN ENGLISH WEIGHTS AND MONEY,
Total per acre..$51.
THE DAY. OF, SCARCE® CAPITAL Although the advantages of through clearing and cloan-woeding from a strictly robber point of view are acknowledged, the policy of fall spend abend" kas seldom been adopted, because It means puiting dowo a large capital on which no retuin can be hoped for much, within five years. If the usand acres is to bo pinated, six months will be spant, probably, in clearing the first five hundred. The earliest date at | 1st crop which tapping can bogid is fɔur years from the | 201TM* date of starting work, and the yield duzing | 3d the filth year will de small. Another, six | 4th months of vigorous preparatory work will. br. devosed to t'e second soo acres, and1ir tapping on the whole thou and can take place
sixth at the beglabing of the year, the company will bave every season to Le satisfied with la' manager, Miny 1st of the estates which are now paying coat. parod cept. dividends bigan kumbly. Capital did 3rd not rush into rubber with great eagerness ten | 41b years ago, and the men who planted Hevea Brasiliensis b.d to do it out of their own pockets as a merely speculative enterprise They were very thankful to find ways of keep ig the domestic pot boiling while the rubber treen ware growing, it was better to let fiva or six years, elapia bafora the rubber was t for tapping than to chur, bankruptcy at the end of the second year by giving the ground over exclusively to the rabbar trees.
Hence the catch crops. Their purpose was and is, to produce working ciplal, or to reduce gross cost of upkeep while rubber trees are maturing. We have neither the knowledge nor the spice to discourse on tropical agricul tura da general, and it must be understrod, | iberefore, that we deal with certai❤ firms for cultivation exclusively from a catch crop point of view, in, with the object if showlog the financial iff:cts of such cultivation on properly which has beau'atquired for rubber growing,
TAPIOCA
Tapioca is one of the recognised sources of profitable agriculture in Malays, and a great deal of ground has been cleared for the purpose of growing it Since the rubber boom began it has been a very common custom, especially with the astute Chinese agriculturists, to plant robber in the tapioca fio'da, and this explains why references to taploca have been so fæquent in subber, company prospectuses. But it is Lot a suitable ca'ch cróp, as few thing's more seriously retard the growth of the young rab. ber trees, and no value should be attached to tapioca interplanted with rubber uolessa de duction considerably in excess of the valuation of the tapioca is made in respect of the rubber, Occasionally, however, we have tapioca cul- tivation separate from the subber, and a pro- spectas may claim (1) ■ pr fit, on iho tapioca crops, and (+) a saving of expre’e as compared with jungle land when the top'cca fields are used for subber planting. Both these claims ars sound if stated moderately, but seme plan. ters sey that. land which has been used for tapioca lores a good deal of its vitality. That depands, we think, on local conditions, and ro generit süle can be laid down.
TABLE OF VALUE.
The value off pices, aknding close on find to be subsequently planted with rubber may be estimated as follows:--
First crop, net profit par acre ... £ 50.0 Second Third
|
rate of Two POUNDS STERLING per Share of $125 is Payable on and after MONDAY, the and August, Current, at the Offices of the Corporation, WHERE SHAREHOLDERS ARE: REQUESTED TO APPLY FOR WARRANTS,{
By Order of the Court of Director)
ANDA NJUSTABB,
Acting Chial Manager. Hoogkong, 20th August, 190, 2 [549.
CHINA SUGAR REFINING COMPANY, LIMITED.
NOTICE.
TN accordance with the provisions of No. 131 L...... of the 4r.ícles of Association, the General 3o | Agen's bave this day declared an INTERIM
DIVIDEND of 5% for the half year ending 30th June, 1910, on the rald-Up Cipital.
DIVIDEND WARRANTS payable on TUESDAY, the joth august, will be issued to Sharchiders on application,
$140
"
Gambler. Pepper, Caffe hibs. £ 1, d. Ibu. £ s. d. lbs. £ £ 8. crop... 265 0 14 0 39) 310 6′′ 250 1150 655 115 0 708 700 512 413 4 798 x 10 roб19 68 7316 84 *** 31 8 663 § 10 8 397 3 10'0
Total p. acio L5 19 0
̈£25 $34 £16 68 From these small tables it would appear that perper is by far the best of the trus catch cropi, but it would never be fair to condemn a min- agar who planted gamblee or cifta in prefer ence therslo, The expert on the spot in the only man who can decide what plots to lay cup,
The TRANSFER BOOKS of the Company will b: CLOSED from the syth to 30th August, both days inclusiva,
JARDINE, MATHESON & CO., LD,
General Agents. Homokang, 11th August, 1010
Auction.
BY ORDER OF THE- MORTGAGEE,
PUBLIC AUCTION.
1540
in ons or the other, Soil, moisture, whether MR. GEO, P. LAMMERT bas received
exposed or in shade on kill or in hollow, sud nature of Isbont available, are all pɔlois to be considered. The tables are based on an E- somption of favourable conditions for each of the crops named.
༑
We have not thought-it reçessay to deal' with pineapples as a catch crop. They ou,ht never to be interplanted, and it is nicemary for investors so bear in mind, when they tre references to rubber grown side by side with planapples, or to be planted on land which has been used. för pine apple coltivation, that this form of culcara is a bevy drain upon the soil, and that in all probability the growth of the rubber in such soil will be slow and weak, and the latex yield considerably below the average, It in charper, in the long run, to reclaim virgin jungle than to plant rubber on a soil impoverished by pine. *ppies,
CocoNurs.
|
]
instructions to sell by th
PUBLIC" AUCTION,
DB
FRIDAY,
the só;h day of August, 1970, at 12 Noop, at his Sale Room is Daddell Street, Victoria, Hongkong).
In Three Lots, THE FOLLOWING
RAGE MARKET
KONG
PRIONS:
BUTCH
KATH
Brefsiriola
Sausages--Ngun Bullock's Brakugan Lougue fresh-
ghu Sum
-Ngan Kh
-Ngan Kook Kidney
-Ngau Mel mi Liner Nam Ben
„Tripa (undressed)--Ngan To Gulvis' Hand and Fest-Ngu
tau-kaokusa
Mutton Chop--Young Pai Kwat ......nh
· Log-Yeung Pell
H
Shoulder Young Shau «** »
Pigs' Chiting-Chi cheang mem
$1.00
12
FRUITS
(Ghafoo).Th
Oustard
Haung Chin
Carambola
Grapu -Sin Tal
Lamena,” China-Nļa;
Lichoss, Small Stonë
Frish, Lal Chl Limas, ⠀⠀ (Salgon)—Sal..." Kua
Moong
*- | Mango, Manila-Lui Sang Mong **Mango, Salgon-Sal Kung Moong
so Mangosteens, San Chuk Tsi për dor
Oranges, Tim Chang
M
Brains-Chi Know....per set
34
», Fest-Chi Khokisema j
Frp--Chi Chak
.....
Head-Chi Tan isänmune
Heart --Chi Sum
Kidneys-Chi Ylä
Liver-Chi Ken
Pork Chop-Chi Pal Kwat
Pair
kon Comed Ham Oku Yok um a Lag-Cka Pal ..................mine S Fat or Lard-Cha Yaa pommin gi Sheep's Hand and Fast-Young Tas
40
ช
Heart Yaung Stumamentich Kidaeye--Yeung Yio
A
Live-Yeung Comme
Sucking Pigi, To Order—Chu Chal in Saat Beef-Sang Ngan Yad motus JE:
„Matton-Sang Yaung Yan Veni-Ngan 'Ukal Yukinesimoniaisen je „Sausage)-Ngan Chal Yuk Tour..
FOULTRY.
VALUABLE LEASEHOLD PROPERTIES Chicken-Kai Chal
5 situate at Victoria aforesaid, wE, I Lot . ALL THAT PIECE OF PARCEL of Dapons, Large, Small-Sin Ka!... GROUND known and registered to the Land - Ducks-āpumu Office as Sectio of Marion Lot No. 1ð Doves-Pan Kan so together with the massage erections and buildings therega known as No. 3 Store Legs, Hen-Kal Tan..............per dox. Nullah Lane. Ares 910 square feet. Teim Fowis; Danton-Kal....... 999 years. Annual Crown Kent Sig.36.
Hainan-Hof Nam Kal ...................... » Lot 2. ALL THAT PIECE or PARCEL of Sa GROUND knowɑ and registered in the Lind | Game-Nga mememesinoPBANE STREA Uffice as Section F of Mariga Lot No. 16 Geese, Wild Shanghal-Sheung Hol.Ye trgsher with the messunge erections' and buildings thereon known' is No. 1 Stona Nolab Late.. Aren F94 square feet Term Mask Daer-Wong Kangna 999 years, Annual Crown Host $ 4.93.
Messm. JOHNSON, STOKES & MASTER, Prince's Buildings, Ice House Suse',
Solicitors for the Vardor; ·
Er to..
Each
Haro-Tu Chaf............... Partridge-Cha Khoo za vý
Pheasant-Shan Kalamonmoonpale Pigeons, Canton-Pak Kop
*
Hellow-Hofhow Pak Kup n
Ries Birds--Wa Ta Chauk ..............dozen Salpe-Sa Ukul
Tarkeys, Cock→→Fe Kal Kung .....
Нед
It is out correct to speak of coconuts as a "catch crep" ih,ogh worsen the phrase used
~Lot 5. ALL THAT PIECE or PARCEL of GROUND known and registered in the Land occasionally, it would be as correct, in fact Office as Section. O of Marion Lot No. 116 to speak of p-jatoes as a catch crop to wheat together with the messu ge erections and o an English farm. Eves in the present buildings thereso known as No. Stons but; of enthusiasm for unber, it must not be Nullah, Lape, z ren 915 square feet, Term ["forgotten that coconuts afe one of the scundest 939 years, 'Annual Crown Rest Si5,75. |||
For further particulars and conditions of | Quall-Um-Chan' form of tropical agriculture. A few
years ago) sale, apply to- Mr. L. C. Brown, Inspector of Cococus Plans ticos in Malaya, wrote that "For a sale and sound inveś me.t, ard ogo that may ba de- pinded upon to give steady and good returns, the cultivation LC coconuts by Europeans in hiri iú bezt, among tropical produces;! sôd le acded that ho believed the time, would soon come when rubber planting companies "would ate the advisability of having a recond string to their bow." "With that opinion we very cor dially are, for thero in 'älways a demand for
auch universal utility. It gives drink, food, ings, Liverpool, England, is prepared to copra. There is no tree that bears a fruit of THE BRITISH FOREIGN IMPORT & EXPORT COMPANY, Central Build-
fibre, oil, and we know not what besides, and receive Consignments of Local: Produce on roqu're less attention than any other tree af|| best termina the kind, rang
Mr. GEO. P. LAMMERT,
-The Auctioneer. Han; konz, 13th August, spin.
Intimations,
#
per
Wild Ducks, Shanghai, Sul-appair (547) Teal, Shanghai, Sol Ap Chaloum
Wild. Docks Canton-Sang SKing Sal semens,per pair
·TISH.
485
Barbel-Ka YB ... Bram-Ble Yakis Canton Fresh Water Flah-H
To plant subber among coconuta ervice vansa GREEN ISLAND ORMENT COMPANY, || Carp÷L) Ya ......
D
D
www.
#
$1
315 O 2 15. 0
is pure pobsente. Each is well winky of acies
Tutal per acro... .... II 10.
Saying in cost of felling, turc
ing, and clearing jungle o
£13 to 0
If, therefore, the value of jungle land is £2-109, per acre a simple method of getting at the value flard planted with tapicca in to | tako it m' £«y«cos, £2001 =L16. An eminent
to fiself, and there are many cases in which the sturdy coconut palms serve as a shield to rubber, ́baller than anyiting else we have heard of, Aesthetics do not count for much in the econo, mics of commerce, but the coconut plantation is one of the most beautifulibings one can come acress in the tropics. Good planting would be at the rate of about fo tiens to the core, ned
under the best conditions trees may teach the nut bearing stuge at four to five years old. That, however, is very exceptional, and six years fi a lüferaveinge figure, Lalisscyseth year the tree
au hotly who favoured of with, the tapioca | will bear abrut fo, in its eighth about 40, and in
ROOMS ion given above made this remark tambath and latter yearnabout go nuts, andthese
FIRST FLOOR
Alexandra
Buildings
Hoogkomik 8th August, 10101
LIMITED.
PORTLAND: GEMENT.
In Caska of 375 lbs, not.) In Bage of 250
net;
SHEWAN TOMBS & CO.
General ManagWE Hanykowa, zith Arun, taso
CHEONG HING
∙HAS ALWAYS ON HAND
rabber is interplanted at commencement, then rell freely at varying prices, for which 3 cents secord and third crop is an absurd proposi. is a safe average. Deducting ene thlid for cost tion, and ite tapicca should be valued, on the we get scents as a nei prefi, and on this basis b.sis of ade crep only with, of course, a deduc- | wa form a purchase valpation scife on the lines tion for rubber spice,” - As wa hava said, the | of the rubber scales already dealt with: A good simplest way is to treat any value to the spicca many vainers insist that the coconut tree is a CURIOS, PORCELAIN, JADESTONE su a sit tff to the retardation of this robber--in
o her words to Igrote, the cæ'ntence of the tapicca as an ariel,
GAMBER, PEPPAN, AND · COFFEE,”
"better lifa" than subber and may
['as high in ten years purchais....... Scran
as high a rate as can be approved, and we bavu adopted that limit. The scile w.7 8.00) as follows:-
COCONUT FURCHILL,
* Gambier is produced by the shrub techul. c.By Loown as Unemia, Combir, and is a powerful, maizingeat used in the prepasatiem - Busls: Sixty trea of ball for chewing," for medical purposes, and le jus courier forms, for tanning.
plant is indigenous to the
The Malay Archipelago,
looking back standing two to
Tha
d ladies and
amcrubby
· LARGE ASSORTMENT CE
SILK: EMBROIDERIES.
No. 77
Catfish-Chik Yo:
GodishMan Yo Grabe-Hal 1991 Outils FishMak Ya Dab-Sa Mang Ya Dace-Wong Mel Lun Dog Fish-Tit Tu Sa Kals, Congo-Ha! Man Ya
27%) Fresh wazar-Tam-Sal
Yellow-Wong Sim: Frogs-Tión Kal, its kinonasa Gempa -Sek Pan | Gudgeon-Pak Kay Yu
Henings To Pak
Ibot-Chuang
BEN
Small-Tal Kur Mandarin-Tim Kut Ollys-Pak Lalli conderentorion Passion Fruit cerní sách 15 | Tears, (American)-Kam San. Shut Li â ^ (Canton), Cooking—Sa Li ......m * 3 | Peanuts,—F'a Sang commonumÜRDERUNGS Persimmons, Large,-Hung Chinesestavi Plue-apples, 1st quality-Sheung Foom
**T] Paw-law
and cooking-Chung-tang Pay-low
躺
11
Plating-Tal Chii
920h
IMENIN B
imenisieeles on
Plums, Swatow--Hung Lal media.
| Fumalo, Slam-Chim la Yan, vositach
Walnuts, Hep TOR
Graan-Sing Hop.Too Mid
9 | Shanghai Lo Kwat,
30
30
VEGETABLES, &a
Artichokes, Shanghal-Sheung Hol AS
Cal Check URDUR SHOOTS BRANDE SE
| Beans, (Franch) Macao-Oh Moon Pin.:
Beans, (French), Shanghal-Sheung Hel
Pin Tauusimieska? H
Beans, Sprout--Ab Chof......... Beans, Long-Tai Kok ........................! Best Hoot-Hung Chol Tas....................... sach Brinjals, Grass--Chung Yuen Ker
*3 Brinjats, Red-Hang Ker ...............
Bamboo Shoota-Chook Shun
| 14 | Cabbagu, Chinasi, com.--Kai Choy
Cabbage, Rad—Kai Lan Tau
15
Cabbogu, (Skangka}}-Yok O#3},
30
| Cane Bhoots, hunch-Kan Shunik,
Ouilen. Lar Her tư vui cuối
Ozulldower, Modium alzo-Chang Yah:
Cauliflower, Small size--Sal Yah-Chol-in Cairota-Kam Skaa comisionindian Oslery, Okinase-Tong Kan Choy Calary, English--Yeung Kan Chol"..su.. goCelery, Walte...Fak Yeung Kan Chál..
Okililas, Dried---Con Lat Chla asia verand
*** Grean-Cheng Lat Chin Darry Stuff, Haglish-Ka Les Ghol Lia 28 : Ducumbers-Chung Zwa iman 65 Blitar Squash-F¤ KTB common...... Gartle="Sonu Tanemannen
·53
Glugar, young-Sun Tes Kanag old-Lo Keung
Borse Radish, Shanghal-Lik Kan Indian Cora-Sak Mal: .....
LupeYear Sing Goi mói Water Chesnuta-M# Tas savie || Mandarin=Kwal Lum Ma') Mark Malon
Mashrooms, Frück--Sang
to Onions, Bombay--Yaung
Gras-Sing CLI S'hal→ Shang
-You Foon
krossinMo Ker im