1919-01-15 — Page 5

Page

WEDNESDAY, JANUARY 15, 1919)

MALAYAN TIN POSITION. Settlements have serious and justifiable

LONDON SPECULATORS GRABBING PROFITS. ·

a

A SEA EPISODE.

THE CHINA MAIL.:

PICKING UP YOUR MEN AFTER

"¡ÊN DAYS DRIFTINGA (

KAMUNTING RUBBER CO. NEW BOATS FOR PACIFIC

1

·MAIL

·TOTAL OF 38,000 TONS:-

grodada, fog_complaint. The control has practically applied to the Straits Settlements alone. It has created a

The eighth annual general meeting be monopoly of the Ein market, placed

shareholders of the Esmapling - (in large profta in the hands of a privileged

Kedah) Eubber Plantation Co, Ed, was The following very clear statement all amber of dealers, forced our

Captain E. HoDonnell of the Rajah I held at Shanghai on Jan. 8. Mr. E. W of the tin position indicates that Malayalargest customers to buy is alien of Sarawak, on the voyage between Noel presided, and, there were also pre-Adding to their already excellent has good cause to be dissatisfied with minor of the benefits of his efforts by vicinity of the port Miri (Sarawak) fell and R. Ure Hummel (Directors) Company will in the very near future markets, and generally deprived the North Borneo and Singapore and in the sent Messrs. E. S. Kadonie, A. W. Bur service the Pacffe-Mail Steamship. the manner in which monopolist powers control which annecessarily profits in with a small craft showing sigcala of Mr. J.V.C. Davis (Secretary and share start the operation of three more large have been abused in London :-

The first attempt to bring the macar utermediaries at the minor's expense. "‡distress. Proceeding to her sasistance holders nipresenting in all statul of The tin control has acted to the he found that she was a small Japanese

trans-Pacife hosta, tin under control of the Government prejudice generally of the tin in fishing hoat having on board four shares.

A cablegram received by the local was the institution of Committee by

The Chairman mid-The handicap the information that the United States dustry in the Straits Settlements, Japanese men apparently in a very

office of the company yesterday.contains the Board of Trade, known as the and in particular it has adverse exhausted condition. The chief officer caused by adverse rates of exchango Shipping Board has assigned for opera Rubber and Tin Exports Committee,ly affected the miner. At the same was sent to investigate the boat referred to at the last annual meet-tion by the company theEclipes of Lord Balfour, of Burloigh, was Chair:time it has benefitted a few icdividuals. man of the Committee. The names of in an abnormal degree,

Wea four miles distant from the ing. I regret say has been for 14,000 tons, measurement, the "Archer” the members do not appear to have

staazzer. and obe of

the men ther accostested during the year un st. 14,000 tons, and the Westvacs of been published, and, it is stated, the

WaYing red flag--and onder review, while the average price 0.090 cars all recently completed in Committee has de formal constitution

his return reported that the men realized for rubber abdws a decrease of the United States under the shipbuilding Ce published regulations, bus sets with

were in distress. The beat than 101d. per lb., and in these circumstances The Eclips will arrive in Manila wide discretionary powars in connection

taken in tow and on arrival at Miri the with other departments.

men were taken on board and avery. the showing of any profit at all on about the middle of March, the Archer The Committee aimed at securing an

thing possible was done for them working account may be considered the 1st of April, and the "Westra" adequate supply of tin in Great Britain

Through the medium of a second class satisfactory. Frospects for the current the end of April, from where they will for national needs, and a controlling

Japanese passanger, the story gleaned year are much more promising and the proceed to Hongkong for their initial the distribution of tin so as to prevent

was that they left in the craft (which general opinion appears to be that when trip to the United States. it going into unfriendly hands,

Although nothing definite is known

The control that was necessary in the national interest could have been ob fained without the injustices that

reaulted.

The Straits Trading Company, Limited, makes the following observe tions regarding the tin market, since the issue of its first circular dated Sep. tomber 30, 1918, hoping that the

was

programme, ·, a

information sat forth may be of interest is 10 tons). from the port of Tahan in the facilities for the distribution of rub of the nature of the bdata, it is assumed The shipment of tin from the Straits to miners and others engaged in the Formosa on a fishing expedition, that ber are nearer sormak wedsa expert that their construction will permit of }

to the United Kingdom was unrestrict. Tin Ore Mining Industry in the ed, but permits granted by the Com-Federated Malay States and elsewhere mittee were necessary for tin shipped (1) The course of the official control from the Straits to any port outside the led price of "Straits Tin" delivered United Kingdom.

fo.b. Singapors has beer steadily The Straits Settlements tin exportadownward since September 11, 1918 were controlled by the Committee, but when it stood at £297 10 per ton they had no control over the Australian or $149 per picul.

tin.

"

(2) On November 6, 1918, it will be The Committee ised permits for all soon that the Singapore controlled price tin shipped from the United Kingdom for "Straits Tin" delivered fo.b. was to the United States of America, or any reduced by £7 10s. per ton, and farther other ports, whether on through Bills of reductions amounting in all to 540 per Lading or otherwise, and these permitston on tin since November 6, 1918, and were only issued by the War Trade | sbown, Department, seting in conjunction with the Rubber and Tin Exporta Committee. 1017, onwards covers the armistice

(3) The period From November Peruits for tin to be shipped direct declarations to the enamy powers and from Singapore to the United States of the cessation of hostilities, and it ap Amics and elsewhere were granted by peared reasonable that a reduction of the braits authorities after segotiation the rates charged for war risks insurance or reference to the Rubber and Tin would immediately follow since, the Exports Committes in London.

The permits appear to have been granted on the basis of restricting the trade in tin those dealers who had been engaged in the tim

41

trade

aabmarinë monaco bad subsided.

(4) Since the collapse of the enemy powers war risk ratas have been very considerably reduced; at the present

the propeller Loke, that they were

bosh passenger and, freight servien

unable to return to port and as a result ready sale at remunerative prices. It in bad besa drifting 12 days in front of of course impossible to my when this the monsoon before they espied the happy state of affairs, will, be reached, Rajah of Sarawak. During their and with a view to ensuring a certain voyage, they rigged up a couple of income for the next six months your DEADLOCK AT SWATOW maata sad some patches of canvas Directors have thought it advisable to sail. After being carefully attended to on board, they were handed over to the sell forward a portion of the grop, it a Government authorities of B.N.B., and price which shows a good margin of pro- as a Japanese tanker was due at Miri fit." they should soon be homeward bound..

TRANS-ATLANTIC FLIGHT

The Directors recommend a writing dawn of the assets on similar lines to the previous year, carrying forward

approximate to the dash and liquid

assets.

COLLECTION OF SILT REVENUE STANDING - STILIA

The Assistant Salt Inspectorate at Swatow-bas ceased collecting salt revenue, it charging the Assistant Salt

Commissioner with having violated the

The Assistant Inspector. Tam Kin Cho laws governing the salt administration. and Archangelaky, believe that the scheme of divisional guarunted-anle as being operated by Assistant Salt Com miseigner Li Ha-yun for the districts of Chaochow amounts to the return of monopoly...

prévious to the war: no new dealer time the premium on war risk insurance entered a 6,0C7-h.p. aeroplane, and the of the manager and local agents it was it a receipt. The salt commissioner,

were encouraged or permitted.

According to an afpouncement made by the Aero Club of America, it is planned, amount of reclamation work has been As the report shows an important says a Tintes telogran from New York, done during the year. It was your or that the armistice is signed, to resume Directors' intention to confius reema activity on the proposed transatlantic air-tions to Riverside Estate in crdor to craft competition.

bring that property to a larger and therefore more economical working areas but labour was available at Faya According to usual practice, the salt Kamunting and on the recommendation merchants first pay their tax to the office of the inspectorate and get from decided to straighten out the boundaries upon the presentation of the receipt, there and to romove certain blocks of would then issue a permit for the trans- secondary growth in the planter areas portation of salt. The refusal of the salt which owing to risk of fire, wers a merace inspectorate to go on with the collection to the rubber trees. Two such fires did would thus disorganize the system occur during the year, fortunately with Unless the salt cqmmissioner would out doing very serious damage. This undertake the collection of the salt tax reclamation work is reparted to have through its own office, this deadlock be- tween the two offices would stop the much improved the general appearance salt business for a time. of the Estat

Signor Caproni will subunit plans for a 1870-h.p. air ermaer to crhen the ocean with several passengers. He has already to United Kingdom is per cent. This Handley Page interests will also enter reduction in the cost of transporting the tin tone is an advantage to the machine of the eams power; shipper lef the tin, and/or to the con- Ma Henry N. Atwood, reprompting a sumer of the tin at home. It should group of capitalist, has offered to have to obtain all the tin that they required also be reflected in the price received by acropisies built to make the fight in the for direct shipment. They wore forced the miner. The fact, however, that the

The American buyers who bad previously traded in Singapore through their own resident agents, were suable

The Daily Mail £10,000 Tiananthaà tie

to buy a large part of their requirements miner apparently receives no benefit pane of the America Acro Club.. from the holders of export permita in from the improved conditions of trans- London, or to buy Baka tia from the port has naturally given rise to the light prize, offered in The Daily Mail of Government of the "Dutch Indies fer

greatest discontent. This important April 1, 1913, when the conditions and direct shipment from " Batavia, the factor in the present position will be rules were first published, was suspended Dutch tin being uncontrolled. The referred to later. price of the uncontrolled Baoks tin in

(5) An analysis of the tin prices at revived to stimulate the production of more Batavia was for a very long period Singapore, and tin prices in Loudon for powerful engines and more suitable air. much above the Singapore price from some time past have shown that there. 240 to 230 per ton.

The parity of tin in New York duringis & disparity between the two, after

on the outbreak of war, bat has since been

craft,

T

Referring to the New York message, Mr.

*

It is understood that, the action of the "Swatow Inspectorate has the full approval of the District Inspectorate: at Canton under Dr. Kwan Sum-man

this control was very much above the allowing for the cost of putting the Handley Page said: "This is the first rows beiry, especially at Paya Kamunting, Dr. Kwan says that when Canton.

Looden price, and in November/Decem-

iu. London, from Singapore.

(7) The last sterling price to hand I have had of the official entry for Atlancic ber, 1915, the quotations varied between for three months tin in London is that honours. I have been too hay with war "£55 and £100 per ton over London.

The cost of shipping the metal fromper too. In normal times the miuer it I am glad to hair that one of our machines of November 29, 1918, viz, £280 10s. machines to do anything on this side, but

like $9,000,000.

Thinning out work on both properties has been proceeded with, 7,014 trees at Paya Kamunting and 2002 trees at

and Comte de Broc. Dr. Kwan is Riverside were removed.

Rainfall throughout the year has been as it practically amounts to a monopo

opposed to the divisional sale scheme,"

but in spite of this the Estates have was employing the monopolistic system, bean kept clean at practically no increase the collection was hit 83,000,000 a in weeding costs.

year; but, when using the present free England to New York, and any olberthe F.M.S. would have received the has been nominated by our Amerie quite normal and given no canse for ap to the present rate of something Cases of diseases and rests have been trade sytem, the collection has gone changes, had to be defrayed out of this equivalent of this price in dollars at representatives. margio, and the balance reprezented the Singapore, after deducting the cost of -encrmous profit secured by a lew firms transportation to London. This cost at

**It will doubtless be one of the machines alarm Health, both native and foreign,

In the Chaochor districts, according is reported as quite satisfactory.

to the assistant,salt commissioner, Lf who were permitted by the Regulations present approximates 28 108. per ton built in America and acted, in all probabi of the Rabber and Tin Exports Commit which leaves a value of £272 per ton tin lity. with Liberty engines. It is quite the quality of the sheet made shows a revenue bas been greater under the Tapping work has been done well and. Hai-yan, the receipt from the salt tee to have the monopoly of the trade. for Straits tin f.o.b. Singapore, which capable of doing the trip,"

American buyers who wished to buy at current rate of exchange is equivalent

great improvement. The slight increase divisional: sale than the free trade tia in Singapore, even those who had to 8136.20 per picul The Control"

From another source it was gathered in cast is due to the generally enhanced system. their own shipping tonnage, were pre-price at Singapore at present is $124.25 top machine is known in British sero-fog, packing, ete

that the copstruction of the Caproni 2,000-cost of all materials used in manufactur vented from doing so owing to the refusal of the Committee to grant permits, and pepicul, and the difference of $11.25 the Americans either paid the Dutch Per pieul or £22 per ton unexplained is autical circles, and that the completion of Government or the English dealer the

exercising the minds of miners and extravagant differences before mention- கக.

daye.

"TYRE" OR "TIRE"?"

RICE:

1

Fraya Kamunting and further fines at To relieve the present high price on both Estates, which are included in the rice and, to better manage the food current year's satinate, hoth properties situation, the Government of Kwang- will be well equipped. The installation tung will try to encourage the public to of power is under consideration, but as potato, and other products which may raise other food stuff such da taro, sweet the scrap grades are treated at neizb. well take the place of rice; to exempt bouring factories at reasonable rates the duty an imported rice, to prohibit there is no urgency in this matter. "the exportation of rice from Eleungaban,

Important additions to buildings have others as to the reason for this disparity. known of a Caproni machine of 6,000-bp the completion of the drying shed at the gant is due. Nothing, however, been made at both estates, and on (8) The F.M.S. Chamber of Mines It is understond that the question of have recently called together an extra-lowing an RA.F. pilet and machine to As a consequence of this condition of ordinary general meating at which the enter the lists wilt be considered in a few Affairs the Straits miner was paid formatter of the tin price was very fully his ore, and the smelter for the tin discussed, and telegrams despatched to obtained from it, on the basis of the the Malayan Chamber of Mines in Singapore price of tin in this restricted London expressing apprehension at the and artificial market, while the law present situation, and requesting that dealers who monopolised the trade body to discuss the matter with the were able to obtain extravagant profits, control authorities in London. Suggest- which neither the miner nor the smelter ions were also made by the FM.S.

The Estates have been visited on Tungkun, Sunwar, Bo On and other shared,

Chamber of Mines that a fixed price

several occasions by Mesama. Barker & districts to Hongkong or abroad, sad to Tin miners in other parts of world, should be considered for a definite write "tire where we write tyre, and Co., La's representatives, who report extend the area and isoresso the num who had heretofore found the Singapore period, in order to ensure stability to there is a widespread disposition to that excellent work wid good progress ber of stations for the male of rice at amelting facilities and charges to their the industry which already was suffer- advantage, declined to realise their ing the effects of the present method of England to denounce this as a flagrant have been made, and the Directors take product in this artificial market and control that depresses the price of tin instance of the Americanizing of pere. Eng. this opportunity expressing their ap- withbald their orea, but the Straits at the point of production without is, in the same way that "centre" is preciation to the managers and staff. I miners had no alternative.

apparently a defnite knowledge of the sometimes written "cooter.". As a metter

of Defence of the Realm Regulations to

بار گارا

It may or may not be a matter of univer- knowledge that the Americana always

V JOHN BURNS:

While

10al anns, Lod

special low rates. The magistrates and the circuit intendants of the province will he ordered to cooperate in the carrying out of theas measures:8000

| after the formal decision of the Govero-

ment, is announced. The Government. will provide all assistance possible, financial and otherwise, in order to solve Fthe present probleme"

TO-DAY'S ADVERTISEMENT.

SOTICE TO CONSIGNEES,

QUEAN STEAM SHIP CO., LTD.

"OHINA MUTUAL STEAM-

NAVIGATION CO., LITE

NONSIGNZES per Steamer

SITOEBONDO"

CSIGN

are hereby notified that the Cargo will

This artificial state of affairs, and enconomic factors that govern the tin of fact, in thi particular eses, it is we certain undesirable affects that were mining industry in the FM.S. at the English who are in the wrong, sa our fork found to accompany it, led the Minister

present time. of Munitions in" exercise of the powers The Straits Trading Company, of spelling has no justification at all, ** conferred upon him by Begalation 30- Limited, and the mining interests have

It is not to be found in any standard also brought this matter to the netice dictionary, and, indeed, is of comparatively Tee retirement of Mr. John Burnas from 6 zn order on December 21, 1917 of the Chief Secretary of the F.M.S.revent growth, having come in with the Farliament, announced by telegram, which specifies tin as a metal required Government, who has already cabled to use of the rubber tyre into popular favour.liko'y to be only temporary. He has for the production of war material and the Imperial Government, London, fally Without going further back into the represented Battere for twenty-six years, therefore subject to the provisions of on this subject. that Regulation.

classics, it will suffice, as regarde e yno. and had intended to contest the coaftaococy This led to the control of speculative Limited, wish to emphasise the fact as from the words to Go," and means some in Batterson, to choose a candidate how- (9) The Straits Trading Company Joy, to any that tire is derived axi. At a megting of the Labour party dealings in the metal and to a drastic previonaly pointed out that they are change in the regulations, permits being not responsible in any way for the thing which ties the tim of the wheel.ever. Mr. Burns was asked. Would you necessary for all shipments from Sing. Bactuations or disparity noted is the Ferlaps a more correct spelling would be promise to become a member of the Labour apore and Hongkong to the United prices for tin. Their endeavour is to der." but, far the sake of euphony, no Party: ghey their ships, and sign their Kingdom, and ultimately to the control obtain the best possible price. for the doubt, the colitraction into one syllable constitution, accept their programme, and of prices and the methods of buying minor producing the ore, and the was adopted from the first. It will be seen,

comply with their conditiona?? Straits tin. The matter has been present situation is the result entirely then, that the Americans, instead of being sharing most of the ideals of the Tabour further modified by the appointment of of the system of "Control" that is, ex- to blame, ice actually putting us right in Party endorsing their practical

Inter Allied Tin Executive to ercised by the authorities in London," control the purchase and distribution of

what is one of the stock aus-spellings at onerally approving their programe, (10) Any suquiries addressed to the the day. It would coquire some research Barne said, be could not comply with such tin for the Allies.

Straits Trading Company, Limited, Purchases of tin in the Straits were either, to its Head Office at Singapore to find out who was the culpelt in modern a request, as he did not baliera in political be discharged info Holte Whart, Kew in August, 1918, entrusted to a or to its branches, or agencies in the times primarily responsible for the currens fadentared about... Mr. Barne, while The Cargo will be ready for delivery trans

single Arm as Government buying agents, Federated Malay States will receive English spelling, bat, not to be too savere convinced that if he porasted in the con Godowa or and after 15th January and purchases made by them on the

meron him, in the absence of his defence, it is test, he would win, felt that it would be at Optional cargo will be landed, unless orders of the Director of Supplies are prompt attention.

Singapore, December 7, 1918. allocated by the Director

possible that the main object was to avoid the cost of promoting bitterness among the notice has been given prior to steamer's dealers who hold licenses.

moog

confusions with other words: apelt in the Labour party. I therefore, he said, All broken, chaled, and damaged Goods "The present position is that the

same way but of fotally distinct delivation stand aside for the moment in this sinit are to be left in the Godowns, where Stmits tio market la practically noo

and agrification Thunder would leter election, and let another lake my place they will be examined on any Tuesdays sent. Competition is eliminated, the The secretary of a rubber company confused when willen, with the tiers fill, wiser onazeels prevails can, though and Fridays between the hours of 1045 buying price in Singapore is what the recently received from the East adrice

not in Farlament for the short interval period

amand noon within the free storage Controller's agent offers, the calling compiled from a now survey. Thase

of the despatch of plans of the estate in theatre. price to the consumer is fixed at were sent on a parcels ticket packed in

between the new Parliament and the next, No claims will be admitted after the oncinos my services for the working pool and all Goods remaining cellverd

Goods have left the steamer's Godow definite parity above the Straits buying a bamboo. Application for licence price, the margin between the two prices import was made to the Tourd of Trade,

CURE THAT COUGH. plo Wars still without any resalts of after the let Jpn., will be subject is far greater than is necessary for Restriction of Imports Department.

THEN you have a troublesome the general election. though mo expenses of transport and finance and reply was received to the offect that if at unfensonably large proffe accrues to thy plans word upon linen the Depart taveccsumption or that you are going appears that the votre are not to be cough, it does not mean that you fortnight basispard since it was held. It ment would be prepared to coat the to have it, but it does man that your couted sutil the 28th lastant, in order a few priviléged, holders of permita licenco, but if the plans werd upon lungs are threatened, and it is june saramably, to allow of the soldiers te ic is apparent from this statement of paper, application for a crace would well to be on the mile side and take balog Haladed. is curious, owerst the controls that bare dominated the bavo to be made to the Paper Controller, phamberlain' Cough Remedy before it that the votes in the Oxford University in market during the war that both The Journal asks Can red tape is too lazer Forsula by all Chemists and election were counted a fur than this and he mainer and amelter in the Straits be carried to a more ridiculous point

Storekeeper:

the result mada-known si onos,"

the

to

loon, where it will be at Consigned's risk.

mors this to rent jokes

"All Claims against the Stemmer must before the 4th Feb, or they will not be presented to the Undersigned on or be recognised whe

WIREK

No Fire Insurance will be effected. KEJUTTERFIELT

Hongkong Jan. 14-1919-

Agents

NOTICES

Lane, Crawford & Co.

SPECIALITIES

in 1-lb. tins for

YACHTING, LAUNCH and WALKING PICNICS. ALSO

"POT. LUCK" LUNCHES and DINNERS

English Brawn Picnic Pate Stewed Kidneys Corned Beat Roast Beef Pork & Beans Rabbit in Jelly

80 Roast Lamb.

80, Pork Pie 60 Stewed Trips

80 Roast Mufton-

Minced Beef sausages

Sheep's Tongue-

Fresh Herrings Kippered Herrings Harrings in Tomato-

Cauliflowers Turnips Artichokes

Chicken & Har

Rabbit & Sansa!.

$100 Breakfast Bacon

60 Beef Sterk Pies

200

40 Sardines in Oil

25

40 Salmon

50

40 obster

00

30 Cabbage

30

30 Carrots

30

40 Artichokes whole

35

$2.50 per doz

Campbell's Soups assorted New Zealand Soups in 2-lb. tins Cta. 60 per tin:

THE IDEAL GIFT

FOR THE CHILDREN.

PRIOF

THE LITTLE

"RED BOY"

GRAFONOLA.

Plas ordinary 10 Racords in perfect-tempo and tone

$15.to.

THE ANDERSON MUSIC CO., LTD.

18, DES VEUX ROAD CENTRAL.

Pyrene

ORDE MARK

FIRE

EXTINGUISHER.

EASILY OPERATED

Home

The Factory,

Mater

Boats.

FOR ERICES AND PARTICULARS APPLY TO SATT

MUSTARD & CO.

4 Dm Youx Boán Chirgan

TELECOM 1106.

AGENTB in „POOCHOW, AMOT, BWATOW and 'CANTON":"

BRITISH AMERICAN TOBACCO CO,

Old Tom Gin

PURITAN BRAND

PER CASE

DUTY PAID

$85

SOLE AGENTS

GANDE, PRICE & CO LTD,

QUEEN'S ROAD, CENTRAL,

TOL No. 155.