1918-11-19 — Page 2

Page

INTIMATIONS

WANTED,

YOUNG GIRL for General Difice

INTIMATIONS

FIRST CHURCH OF

Work: Must be able to operate CHRIST, SCIENTIST,

Typewriter, also with some experience

In Stenographic Work. Applications to

Ba addressed.....

PO. Box No. 40.

Hongkong, Nov. 18 1918

HONGKONG FOULTRY ·

ASSOCIATION.

-943

MEETING in connection with the above will be held in the MUSIĆ ROOM of the CITY HALL at 5.15 p., 00 WEDNESDAY' next the 20th instant

BUSTYMS:

To form a Poultry Association and arrange to hold a Poultry Show at an early date.

YBA interested, are invited to

Attoad

Hongkong, Nov. 16, 1918.

· PEAK TRAMWAYS COMPANY,

LIMITED.

NOTTOE

BEGRADING OF LINE AT. DEPRESSORS. ·

938

TT will be necessary to bring into use the TEMPORARY TERMINAL STATIONS on TUESDAY, the 20th NOVEMBER and on That Day the UPPER and

LOWER TERMINL BARKER ROAD and KENNEDY

HONGKONG

Announces Free Lecture

ON

CHRISTIAN SCIENCE

BLISS KNAPP, C.S.B.

AT THE

THEATRE ROYAL,

*

TO-DAY

(TUESDAY), Navember 19th,

at 5.30 p.m.

HEATHER DAY.

· [829.

ZOOLOGICAL GARDEN.

W

ANTED-Elephants, Lions, Tigers for the

ROAD STATIONS WILL BE CLOSED Zoo"; also Geese, Turkeys,

TO TRAFFIC.

TOLLS.

An Allowance of 20% will be made on all Tickets (dog tickets and charges for goods, excepted) for such time as the Cars are running the shortened distance.

SEASON TICKETS.

These will be charged at usual rates.. The allowance of 20% will be rande at the EXPIRATION of the period for which the Ticket was issued.

PUNCH TICKETS.

Special Punch Tickets at redacod rates will be issued. Old Panch Tickets may be held over until the Cars are ruaning the fall distance or if returned. to the Company's Office a pro ratą refund will be made for the unused portion.

Poultry, Pigeons, Docks, Rab- bits, Dogs, Cats, etc, the latter to be sold.

Communicate with

A, K. TAYLOR," No. 4, Government Quarters, Park Road,

(9:20

NEW MUSIC.

Every effort will be made to complete "A WONDERFUL

the work as soon as possible in order to

minimise the inconvenience to residents

of the Peak and Upper levels.

THING"

JOHN D. HUMPHREYS & SON "LEAVE IT TO JANE”|

General Managers.

Hongkong, Nov. 18, 7818.

"IT'S A BIRD”

MORE CANDY"

DAIRY FARM NEWS. "CHERRY BLOSSOM"

CHEESE !

CHEESE 11.

CHEESE!1! Adda variety to your diet and is Healthful Food.

American Cheese. Cottage Cheess. Franch

Picnic Coulommier

Patted

56

“I MAY BE GONE" Etc., Eto

THE ANDERSON MUSIC CO., LTD.

TKL. 1399

KING EDWARD HOTEL PATELL & CO.

Central Location...

LL ELECTRIC. Tha Entrance, A* Electric Lifts, Fans and Lighting, Barupana Bathe and Sanitary Fittings. Big and Cold Water System throughout. Best of Food and Service.

PELITHONE 33

LORAPHIC Addresi:

VICTORIA

WITOHELI Manager.

ICTORIA "CAFE, LTD.

244 Des Voeux Road Central

Telephone No. 2867,

We guarantee the quality of our

Bread and Cakes:

We use the highest grade of materiala

in their Manufacture.

[$57

METALS

ORIENTAL PRODUCE

EXPORTERS,

SILK MERCHANTS,

COMMISSION. AGENTS.

Agencias in NEW YORK, BAN FRANCISCO, USA,

Branches

CANTON,...

SHANGHAI,

YOKOHAMA..

-BOMBAY,

HEAD OFFICE: KINO BUILDINGE, HONGKONG

THE CHINA MAIL

Get the habit of

saying

Golofina

Every time you want a

Sold in

two sizes

good Smoke.

'PERFECTOS'

'BOUQUETS'

"PERFECTO

Actual Size.

And

obtainable

at all

High-class

TOBACCONISTS.

This advertisement is issued by British Arceriçan Tobacco Co., Ltd-

RUBBER SHARE POSITION.

THE SENSIBLE ATTITUDE FOR

SHAREHOLDERS.

BROKERS VIEWS.

A well-known firm of brokers bas

(3) As dividends must depend upon rot affect the intrinsic value of his the actual price at which the rabber is property,

sold, the existing state of things means Now, as pessimism at to the fm- that rubber-planting companies are mediate future expressed by many of bound to make a very poor showing for the leaders of the rubber planting the current your. When, annual reports industry is reasonable enough, and has appear in the spring and summer of no doubt been expressed in perfect good 1919-dividends will either be greatly faith. As already mentioned, these reduced or lacking altogether. gentlemen, even while uttering their (4) The present difficulties are arti-warnings have pointed out to their forward to ultimate prosperity for the ficial and arise from war conditions, shareholders the fact that they look industry. The pessimism which finds its expresión in midlading newspaper

issued to its clients a circular dealing This does not for a moment niter the with the rubber position. As the fact that the dificulties, while they last, matter is of great interest at the moment will wipe down dividends as stated

we reproduce the circular as follows:-above

What is the sensiblacattitude for a

The position of the rubber-planting. --- THE SHAREHOLDER'S ATTITUDE. industry is giving rise at the present time to a good deal of controversy, and the questions at issue are belogged rather than clarified by some of the ill informed comments which appear in certain sections of the Press. The con sideration of a few outstanding facts will help to clear away, the confusion of thought which has lately made itself

manifest.

Broadly speaking, the opposing camps are those of the pessimists and the optimists, but lying between the two there is a vast crowd of wobblers," whose views are influenced by the latest newspaper article they happen to have- read, or the test rumour which bas reached their cara. Of course, there are sub-divisions. Amongst the pessimists may be found a group (we will distin guish them as the manipulators whose great anxiety is to see a slump in sbare prices. This group may not be a large one, but it is skilled in wire pull ing, and has shown great activity lately in working the Press,

PROSPERITY" AHRADOU PAY

|

holder of good rubber shares to adopt There are three courses open to him the good time which is ahead of the (a). He may sit tight and wait for industry at the end of the war, enduring meanwhils bis loss of dividends in philosophical à spirit as possible.

articles and in the circulation of alarmist rumours, however, is of quite a different brand. Why are its authors so anxious severe fall If the industry wers on to see. rubber share quotations have a the downward path, with no hope for being withful to protect the investing the future, these people might pose us public, but in the circumstances which sexist today only one conclusion is amongst the general body of rubber possible they wish to engineer & panic shareholders and to scoop is valuable shares aknock-up" prices. Fort- anately, the majority of rubber share holders have a sufficiently sound, know- ledge of the industry to prevent the likelihood of these market acaremongers achieving their purpose.

(b) He may sell his shares at wants ever price they will fetch, and cut his connection with the industry altogether, (0) He may sell his shares now with the intention of buying back again at lower levels if the market goes down sufficiently to enable him to do this be fore the recovery comes

Obviqualy; (c)► is a course which can only be auccessfully adopted by a few If the whole body of shareholders tried in carry out this plan it would be a case of taking In each other a washing.

Coursa (b) can hardly command itself) to level-headed investors whose con tideness in the ultimata sanccess of the nameruus chairmen of rubber annual meetings who during the last for months have invariably ended up their jeremiada with a firm note of belief in & good time coming...

One thing stands out clearly viz, Safety and wisdom lay in curse (a) general cousdence than the rubber an investor who bolds really sound plasting industry has abead of it shares need feel no qualms because of

- all kinds, especially for shipbufidi FRENCH LESSONS erpecially when pege is re-established) fit market quotations. Over and over

and engineering works. Largest and best assorted stock in the Colonyet

SINGON & CO.

{{EST ELISHED A.D. 1880).

HING LING ST

PROME 515.

SAVARESSES SANTAL CAPSULES

G. MOUSSION,

15. Morrison Ell Road.

MARTIN'S

&STEEL SOCIOEDPILIS

SAPIOLA

<MAI

APIOL

a period of great presperity. So ever again it has been proved that a compars

A FAVOURITE RUB DOWN. THE golfer, the football player and the all round athlete know the value of Chamberlain's Pain Balm. It is just the thing for rub down after a hard game. All soreness disappears like magie and sprains and swellings are zared in one-third less time than by any other treatment. For sale by all Chemists and Storekeepers.

NOVEMBER 19, 1

INTIMATIONS

G. FALCONER & CO. LTD.

WATCHMAKERS & JEWELLERS.

TOTU:1901OH.

Agents for ADMIRALTY CHARTS

ROSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS BENSON'S ENGLISH WATCHES, ENGLISH SILVERWARE, direct from Manufacturers

High Class English Jewelle

KAIPING

COAL

HOUSEHOLD

·APPLY"

PURPOSES

FOUNDRY AND

SMELTING COKE

FIREBRICK AND FIREOLAY

FORASE INFORMATION DODWELL

TO GO. LTD. QUEEN 3

BUILDINGS, HONGKONG, OR KAILAN MINING ADMINISTRATION

·TIENTUING- HÒATH 'ORINA'

BLUE

BIRD

CONFECTIONERS & CATERERS

ICE CREAM PARLOUR,

HOT and COLD. DRINKS.

DEALERS IN Gimbal's and Urange

Blossoms v American Chocolates. Assorted Fancy Cakes

ADDRESS:/

OLD POST OFFICE BUILDING, Comen's Read & Pedder Street.

SHING KEE CO.

SODA MERCHANTS. IMPORTERS AND EXPORTERS

Caustic Soda, Soda Asa, Mariate of Ammonia, Slicate of Soda, Refined Bicarbonate of Soda,, Mineral Water, *ad Boda Crystal, Bleaching Powder, Kulphur acid, Sulphate or Ammonia, eta, ato.

ALWAYS IN STOCK.

No. 32, DES VEUX ROAD WEST HONGKONG."

PHILIPS HALF WATT LAMPS

are proof against Shocks and Vibration. Obtainable in different

voltages from the principal Electrical Contractors.

For Wholesale apply to HOLLAND-CHINA TRADING Co.,

Hongkong & Canton.

Sole Agents for South China.

whelming in the evidence for this view tively small amount of investment THE HONGKONG & WHAMPOA DOCK CO., LD.

that even the most pronounced pessi demand carries the prices of good rubber mists do not ventare to dispute it shares buck to the levels from which Indeed, it is their belief in the ultimate they had dropped. A shareholder has prosperity of the industry which either get something worth keeping as a probably explains the energy with permanent investment, or he has not, which the manipulatore trumpet their and temporary market fluctuations do dismal forbodings as to the immediate future." As one of these gentry lately put it in the circle of bis intimates * Laza have one more good slump

before the boom.

Now what in the actual portion of affairs at present. The following pointa will probably be grasd, by practically all partice

(1) The world dem

would absorb al forthcomlagilit abnormal adipping Bgures regarding this dear

the

make.

The Man Who

Gets There

TELEGRAPHIC ADDRESS MANIFESTO HONGKONG, Codes Usod 41, A.B.O/Fith Edition, Engineering First and Besond Editions

Dock Owners Ship Builders, Marine and Land Engineers,

Iron and Brass Founders Forge Masters, El ACETZYTHE CUTTING AND WELDING VOI

LUKFICE, ROWLOON

Modern up-to-date plant opers

All classes of light steel work Tam

ONE OF DOCKS

and÷Watkin

REPAIR.

OWN OFFICE

"