THE MERCURY GARAGE CO.
GOOD WARS
FOR
PROMPT SERVICE
REASONABLE CHARGES,
CAREFUL DRIVERS.
TELEPHONE: 977.
THE POSITION OF RUBBER.
WHY PRICES DECLINED.
a substantial recovery is expected| in the not too distant future, as was expressed in's telegram from| Loa Ion received by a Singapore firm within the past how days can not be said materially to alter the need for restriction. Prediction about rubber is the most dangerous
always been a steadier market
The recommendation of the
TÜR HONGKONG TELEGRAPB, SATURDAY, OCTOBER 9. 1990
BANQUE INDUSTRIELLE
DE CHINE
¡A FRENCH RANK)
Capital Paid-Up and Surplus
Fri: 105,000,000.00
1
DAIRY FARM NEWS.
SAUSAGES
The organisation of the Bank Pork Sausages
enables it open CURRENT AC-
COUNTS, SAVINO ACCOUNTS and Beef
fixed DEPOSIT ACCOUNTS in LOCAL CURRENCY and
ANY FOREIGN CURRENCY,
These accounts may be con- verted
AT ANY TIMEJWITHOUT · ANY CHARGE)
in
ANY OTHER CURRENCY.
Apply for terms and particulars HONGKONG BRANCH
The recommendation of the Rubber Growers' Association in London to restrict the outputthing on earth, but London has Queen's Building. 5. Coater Road. from estates by 25 per cent. has! caused the rubber position 10 than New York, and this view, assume the utmost importante deserves every attention. for shareholders. Generally speaking, we believe, the proposal will be considered one west in the circumstances, for since the beginning of the sear the price of the raw material has undergone an absolutely sational decline The highest price seen this year was in January.
when
?
325-
Ruster Growers Association in London has been adopted by the Rubber Planters' Association of Malaya, who have issued a cir cular recommending that in order to reduce output by 20 per cent. only half of an estate should be tapped on alternate days up to the sterlingbe end of the year. It may be quotation was 101 ex ware-remembered that in some cases house Singapore. By July 1 it had dropped to 1814, while the latest quotation is 122.
awing to labour shottage trees on many estates are atpresent being tapsed on alternate days only,
Not only are the bright pro-and the Planters' Association | spects held ont at the beginning now suggest a still further and of the year falsified, hat in the more drastic curtailment on the case of some estates the selling part of all. price must be below the cost of production. Fortunately, we be lieve, this is so in the case of only a small minority, but as regaids other estates a continuance of
these rates will have a deplorable
effect on dividends.
A QUESTION FE THE COMPANIES,
This will be a matter for the Jifferent companies to decide upon, and it is suggested that lowing to the very large number off It has, of course, to be pointed concerne owning estates it will bel out that many estates bave made auficult to
combined forward contracts, not only for action. The Lor don kod Malayal the current year bus even for Associations, however, have pull further ahead, and while the the matter so strongly that dir price of these contracts varies. 31 |ectors of companies have
10 state
secure
is suggested that a good average very good case or coming inte to take is in the neighbour-line 131 this Detter. The hood of 110 per b. It is difficult acts of the case in rubber are
the
percentage very much like those in other of output which these forward maustries, camely that the indos wales represent, but in many try has not experienced the great naxes it will be about a quarter.poom which the world was ex- sufficient to cover the roaning pecting. Other industries, such expenses of the estate. Where as cotton, are talking of organized! such forward sales have been short time. and accordingly it made it is so much to the gob seems the most natural thing inf but even then shareholders will the world for rabberto follow suit. not regard with equanimity the prospect of very low prices being obtained for the remainder of the cutput.
FAILURES 15 AMERICA.
The reason for the slump since
the beginning of the year is to be
found largely in the bad business
WAR HONOURS.
A REVIEW OF NEW DECORATIONS.
The War Otce has just publi
situation pravalling in the Toited shed a review of new orders,
States. America is the largest decorations, and gallantry medals
Liver Bologna Brawn
**
Made daily
TO-DAY'S SPECIALITY
Cambridge Sausage
THE DAIRY FARM, ICE &COLD STORAGE
COMPANY, LIMITED.
DUNSANY'S
4
DOORS
WILL OPEN
THURSDAY, October) 28th. SATURDAY, October 30th.
at 9.30 p.m.
in aid of
THE FAMINE
FUND
ADVANCE BOOKING October 20th,
GENERAL BOOKING October 22nd. at MOUTRIE'S.
consumer of rubber in the world, instituted by the King during the and St. George, which is normally and one big failure and probably ar. 1914-1920 of changes made I existing orders, decorations.) of one of these and gallantry medals, and of
a distinction reserved for Colonial} Bervices.
to Was extended "services during the present war";
10
on identically the same lines as
to
Bath. the Order of the
In
and
amplified by
the
WILS
ADVANCE TICKETS NOW OBTAINABLE
at MOUTRIE'S,
PRICES AS USUAL.
4
DOORS
CLUB DE RECREIO
"Snub
TO-NIGHT
a: 9.15 p.. EMILY STEVENS
IN
CORA
The Tale of an Artist's Model.
Pollard in **CUT THE CARDS."*
BRITISH GAZETTE.
TRY ONE AFTER DINNER."
others
there. have occurred In the case the firm was about 4.400 certain privileges accorded toos "long." sad this quantity recipients of the same and was thrown on the market with recipients of a mention in dis November, 1915, the Royal Red the inevitable result of a till. Patches." together with botes on Cress xa farther weakening. The freight procedure in respect of "posthum congest on in the country has ous" and "immediate rewards, introduction of a Rod Class of Associate Royal Red Cross. The also hampered manufacturers, for and a record of the total number
award of the - Class they have been unable to shift of "mention in dispatches stocks in the usual way from the specific rewards conferred during reserved for fully-trained nurses. the associate Royal, Red Cross docks. They have endeavoured to the war.
for 2nd Class being available for relieve the situation by the use of On the outbreak of war in 1914, all others performing executive motor lorries, but the fact that the Victoria Cross, Order of the nursing duties in connection with this means of transport has had Bath. Distinguished Service military sick and wounded. to be employed has placed an Order. Distinguished Conduct
In March, 1916, the Military additional burden on the industry. Medal. end Meritorious Service
Medal W33 institused. aod
The Army Meritorious Service It is perfectly natural in such Medal were the normal distinc inscribed For Bravery in the Medal, without annuity OT circumstances to find that the ions available for the recognition Field" was in the first instance gratuity, was widely used dur
If you RTE troubled with manufacturers have been selling of war service of officers and men, their stocks bought for October, while the Royal Red Cross was only open to non-commissioned ing the war to reward services in flatulence, a sense of over-fulness November and December, and re- the particular form of reward for officers and private soldiers. It the field which did not qualify for and drowisness after eating, just gallantry" distinctions: and take one Pinkette after the prio- purchasing at the lower rates for nurses. By a Royal Warrant was subsequently extended to January, February and March. dated December 28, 1914, The Warrant officers and to women though the majority of awards cipal meal daily for a few days be-and see how efficiently they Military Cross " was instituted the qualification for the latter were confined to services There is in consequence every This distinction was intended being "For Bravery and Devotion hind the line," in several in-remedy this condition. reason for weakness in the primarily for junior officers and under fire."
stances the medal was given for Pinkettes are a specific for American, and consequently in for warrant officers Classes I The Order of the British general good service in the for- constipation. disordered liver, the world market, and it is in and II. particularly. Restricted Empire was instituted in June, ward areas which did not attain biliousness, sick headaches, coat- reason that the rubber growers in the fret instance to officer 1917. It consisted in the first to the standard required for theed toogue, foul breath, pimples should consider the time to have below the rank o major, it was instance of five classes and a
Military Medal.
and blotched skin. They are tiny arrived when means should be extended subsequently to acting medal, for award to any of his
The total number of awards but thorough, act as gently as taken to prevent a further glut majors. The original warrant Majesty's subjects of either sex Conferred during the war nature. Obtainable from medi- the soldiers for services in the field cine voadors everywhere, or at of material
expressly stated that the decors for services rendered TO sion conferred no precedence, nor Empire. The institution of the amounted to 239,853, of which 60 cents the vial from Dr.
were Indian
Orders, Williams' Medicine Co., 96 Sze- was the recipient entitled to use Military Division of the Order 6,504 the letters M. C. after he took place on December 27, 1918, decorations and medals conferred chuen Road, Shanghai. The industry at the present game, but at amended warrant as a result of a series of con- by or on the recommendation off moment has shown itself incap-dated August 23, 1916, authorized ferences in which it was recom- the Government of India. able of absorbing the stocks on the use of the letters by recipients mended strongly-(a) That the hand plus the daily output of the of the decoration and the same Distinguished Service Order, estates, and accordingly the latter
concession had to be extended to Military Cross, and Distinguish must be cut down if prices are all gallantry medals.
ed Conduct Medal should in to have a chance of
future be reserved exclusively ing within a reasonable period By a special statute in Januar), of time, Even the fact that 1915, the Order of St. Michael for "Bervices in action.”
A REVIVAL PREDICTER
Tecover-
HORSE-HAIE CLOTH BUTTS. £6 6. ready to wear. The suits A now material for suitings now use of four colours, heather, grey, to be seen in the shop windows st green, and blue. The makers Leeds is horse-bair cloth, which say that horse-hair cloth is the has been manufactured at Bailey hardest wearing material that has and made up into swart suits at yet been discovered.
NOTICES
J. T. SHAW
STETSON HATS
FOR STYLE QUALITY SERVICE-
LET YOUR NEXT HAT
BE A STETSON
There is no other hat made that gives the wearer quite the same amount of pleasure in his personal appearance UNIQUE SELECTION TO CHOOSE FROM.
SPECIALIST IN MEN'S WEAR NEXT DOOR Hongkong HOTEL.
Powell
TELEPHONE 346
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STYLES
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THE COMPACTO-PHONE
A PORTABLE
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Just what you require for
(LAUNCH PARTIES GARDEN PARTIES ¿CAMPING DUT EL.
Lid holds 12 records.
Price $36.00
THE ANDERSON MUSIC CO., LTD.
14 De You Rand,
GINS.
Caldbeck's Old Tom and Dry
Jas. Coults & Co., Old Tom and Dry
Boord & Son Old Tom and Dry Booth's No. 1 Old Tom
Plymouth (Coates & Co.)
Bols Dry Gin (London Style)
Telephone 1522.
CALDBECK, MACCRECOR & CO., LTD.
15. Quesa's Rood Central
(Telephone Wx. 75.)
WHEN YOU THINK OF
BETTER SOUP & PUDDINGS
THINK OF THE HING WAH PASTE MFG. CO. LTD. (No. 47-48 Connaught. Road Central, Hongkong) MANUFACTURERS
OF MACARONI, VERMICELLI, · PASTE STARS, EGG NOODLES dc. RING UP 2330,