A truth which nobody denies
is, that the maturing of whisky by time and nature cannot be hurried. Only by years in bodd can it acquire the mellowness for which
JOHNNIE
is famous.
JOHNNIE WALKER White Label,
Over 6 years old.
JOHNNIE WALKER "Red"! Lalie!,
Over 10 years old. JOHNNIE WALKER "Black" Label,
Over 14 years old. To safeguard these ages our policy for the future is the policy of the past. First and foremost to'ses that the margin of stocks over sales is always large enough to maintain our unique quality.
Guaranteed same quality throughout the world.
To be obtained from:
KAMP & CO. SHANGĦAL
PERRIN COOPER & CO... TİENTHIN.
THE HANKOW DISPENSARY, LTD.
SIEMSSEN & CON
HANKOW,
UNING, EANTON and HONG KONG,
'JOHN WALKER A 'ŠONS, LIT.
Scotch Whisky Distillers, Kilmarnock, Scotland.
Born 1820: Still going strang,
DARLINGTON'S HANDBOOK.
"Sir Henry Ponsonby is com
anded by the Queen to thank
Mr. Darlington for a copy of his Handbook,
Nothing better could be wished for "--
British Weekly.
Far superior to ordinary galdes
Visitors to London should use
Daily Chronicle.
DARLINGTON'S
"A brilliant book."-The Times.
LONDON Particularly good." Academy. BY E. C. Cook and Enlarged Edition.
AND COOK, M.A.
ENVIRONS.
24
Maps and Plans
60 Illustratiors,
NORTH WALES. 60 Illustrations,
DEVON AND
CORNWALL
10 Maps 58.
80 Tlustrations.
12 Maps; 5.
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Críocietà, Pwlhelli, Harlech, Dolgelly, Thadadno Rhyl, Bettws-y-cood, Isle of Wight and Channel Islands should send for DARLINGTON'S HANDBOOKS ls. each.
1. THE HOTELS OF THE WORLD- Himdbook to the lending Hotel throughout the World,
LLVNGOLLEN DARLINGTON & Co., LONDON: SIMPKIN & Co.
LONDON SELLING AGENTS
TEA, INDIGO
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BRISTLES
OILSEED
com-
Sold ou mission in British
and Continental
HIDES & SKINS Markets.
RUBBER, DRUGS
COTTON, WOOL ( Samples valued.
ORES, MICA
GUMS, AND
GENERAL
PRODUCE'
Baat perta for
acnsignments] in-
dicated
KEYMER, SON & CO.,
(Import Dept.) Whitefriars,
London.
Telegrams, "Kaymer, London." Est. 1844.
SAVARESSES
SANTAL CAPSULES
Most Certain Cura. Physiciana recommend them, Of all Chemists
THE NEW FRENCH REMEDY.
THERAPION No.
UBER DINGITANOSA,, ETIKKE SEL, WITHOUT DEMOVE CONS.
THERAPION No. 2
CUTRES BL009 201507, BAD LEM, - EN - PLUPTIONS..
THERAPION No 9
COLES GIRONA WRAKKERJA, BRANG, LORY VIHOR, LA. **WORD ET LAADIKO'CHIRIATE." PRAR ZA TANULAEND. 29, BUND STANE LEDEREN ASTELOPE FOR DO FREE 290% TO 1 Class MED. Go,
STOCK RD. STAD, LONDON,
TET NEW ZEAGUE (TASTELESS) FORM OF
GURE
FOR YOU
THERAPIONA
TAKE
TRO LASTING GIAN KER CRIF TRAUM MARKED WORD "TIKRAFIONES-ON KRIK, HOFT. STAMT ATĻUDI TO ALL GENREIN ZÁCHRIS. INSIST ON HAVING THERAPION.
ON SALE.
175
TONGKONG HANSARD REPORTS
COUNCIL För the
Hofthe MEETINGS of the
LEGISLATIE Session 1913.
REVISED BY THE MEMBERS,
PRICE
DAILY 'PRESS, Orrick, Hoogkong, 24th February, 1914.
86.
THE HONGKONG DAILY PRESS, SATURDAY, MAY 28an, 1914.
RUBBER PRODUCTION AND
CONSUMPTION.
YEARLY INOREASE IN THE DEMAND.
BASIS FOR VALUATION.
[BY A CORRESPONDENT OF THE TIMES"}
It is somewhat curious that there is still a widespread belief in the danger of the production of plantation rubber outstripping the consumera domnude, There seems to be in reality no such danger, at least until the present planted arca has been largely increased and the increased aron brought into boaring. And as no large increase in planting is at present taking place, or likely to take place for a long time to come, this question is practically shelved for the next 10 years. The existing misconcop- tion results from not discriminating between the two sources of the present supply. Last year only about 40 per cent. of the world's requirements came from plantation sourcee, and 60 per cent, from wild production. This year the proportion would be about half and half if the supply of wild rubber should be main tained, but it is extremely probable that it will fall off owing to the unremunera tive prica, and the total production may not exceed that of last year. In that case the normal increase of consumption will be unprovided for. One thing at least seems quite certain, that we cannot do. without wild rubber now, nor for as far ahead as we can at presont sce. The average increase in the world's consump tion for the four years 1900-13, as I shall, show presently, has averaged more than 10 per cent, per annum, in spite of the 1123-9 high average price ruling for that period. It is unlikely that this rate of increase will diminish in the future, and it may vory possibly be exceeded,
“Oh! I say! It's Good! Cooling, refreshing and snappy'
Montserrat
LIME JUICE
is the ideal Summer beverage
Large supplies" "haw Bathly bain shipped from London,.... BEDSTERIMAS“ in sold by all landing Shorehouse
A Punch Kanady for all Terädslartiden. Chromods of Ladiím always keep a ban 'es Mijining in the honte,30 thaken the T294 migs of any Trestthority of Aka Hynden 'a Linkly dese taky De administered. Those wh
Aroughout the World, or your Tree N
• MARTIN'S
ARIOL
MY WORD!
KEATINGS
FLEAS BEETLES MOTHS
Famished
Hair Cells
Hair-fallane le dea to served roofs and cells All The Jegion of bajr treubles vanish if you -striko ülőfẫn root. It is the same to over" sit
You must go right to the heart of the irguble What the grey, languishing, dropping' kaira
call for
adequate food-a real madrimová, ROWLAND'S MACASSAR OIL giros as Immediate new vitality to than focbie zoote and the "feeding cells bènsath them. It proindex
soft, silker åboen and texture: à foll, Svitly perfumed with Otto of Rs. Stippled In Gold Time for fair halt,
growth, redialing trus matura EN
ROWLAND'S Macassar Oil!
is sold by Stares, Chemists, -- and ROWLANDS, 67, Hation Garden,
Avoid theag imitations with the waing er similar name,
But this is looking a long way ahead, and is only useful no far as it tends to show that an investment in rubber shares should not be regarded as a temporary venture to be quitted when a good profit is available. What is more interesting to most people is the immediate future of the rubber industry, and I think there are probabilities in this direction which are as yet hot appreciated. The follow ing figures tabulate for the last five years the total production and consumption of wild and plantation rubber and the average market price for plantation in cách gear :
1-Plantation "produtsiou: 1909, 4,000 tons; 1910, 8,000 tons; 1011, 14,700 tons; 1912, 28,600 tons, 1918, 47,000
toris.
NEXT TIME You Feel Out-of-Sorts
When your Stomach is feeble, and needs assistance, Mother Seigel's Syrup is ready to your hand-use it.
Mother Seigel's Syrup, by restoring tone and healthy activity to the digestive. organs, promotes the
Mrs. E. Van Almelo, of Vineyard Boad, Claremont, Cape, writing on May 7th, 1913, ways—Six months ago I became so depressed, melancholy, and run down that I was totally unfited
for work.
thorough digestion of TAKE
your, food, and the perfect nourishment of your body,
Try it for biliousness, head- aches, constipation, datu- lence, furred tongue, pains after eating, loss of appetite, languor, and depression. Reware of substitutes.
1 sufferred a great deal from indigestion, sick headaches, bad taste in the mouth, and blurred vision.
"Not until I took Mother Seigel's Syrup did I gain relief, and then three bottles restored my health and
MOTHER SEIGEL'S SYRUP
UNEQUALLED for INDIGESTION,
BILIOUSNESS, HEADACHES,
VALUATIONS OF PROPERTIES
More than three years ago I pointed out in The Times that the market valua-
WEATHER REPORT.
? On the 22nd at 10.45 cm.—The anti-cycline has moved engiyard. It is now central- to the south of Korea,
A dopression is still shown to the north, of Hokki16:
Pressure has increased considerably over Japan, moderately along the coast from Shanghai to Tourane, and slightly over the Philippines
Hongkong rainfall for the 24 hours ending at 10 mm-to-day, 0.63 inches.
The forecast for the 24 houre ending at noon to day is as follows the
DISTRICT Hongkong & Neighbourhood
Forino Channel
FORECANT to Sinds, JE.
moderate; cloudy.
crath winds,
•*** į rip Freab,
South coast of China betweenf
Besgkong and Lamooks, Inge Na 1. Bouth coast of China between (The same ka Honghong And Hainab., No. 14 OHINA COAST METEOROLOGICAL
Station.
100
UNCLAIMED TELEGRAMS.
tion of shares in what wore then called The following is a list of unclaimed telegrams
Vladivostock: Nemaro Hakodate
Tokio......!
REGISTER
22ND MAY, 1914, A.M.
the Consols of the rubber market lying in the Eastern Extension, Australasia and Nagasakl would have to be reduced by, roughly, 76 China Telegraph Company's office at Hong-Kogushima, v. per cent, within at any rate seven years. - ¦ kong —–—
Armel Miranda Bowditch Gibb
I may now suggest that an appreciation 05 ANDRESE of 100 per cent, tu 200 per cent. may with equal reason be anticipated in the shares of those companies which will be able to earn £10 per acre or more upon & market valuation of £100 per acre. This is also a bold prophecy, but the governing conditions appear to me to be as well upon the former defined as they were occasion.
In full production of 400lb. per acre, which is a moderate standard for good cost of 18. per estates, at an all in b, which will undoubtedly be attained in very many cases, an estate should make a net profit of £10 per acre. Some of the best estates will probably produce as an exception 500lb. per acre, and the average selling price may be somewhat in excess of the 2s. 6d. basis.
To pay 10 per cent, which is perhaps 2.---Wild production: 1909, 04,000 tons; a reasonable return to expect from 1910, 73,000 tons; 1911, 80,300 tons; capital invested in tropical agriculture, 1912, 70,400 tons; 1913, 67,000 tons such a plantation as that just mentioned 3-Total production: 1909, 88,000 tous; should have a market valuation of £300, 1970, 81,000 tons; 1911, 00,000 tons; or at 16 per cent. £200 per acre. At the 1912 108,000 tous; 1913, 114,000 tons, present time there is scarcely a company 4.World's consumption: 1900, 70,000 whose shares are so valued Those which tons; 1910, 85,000 tons; 1911, 98,000 come nearest to it ato perhaps more teas 1912, 110,000 tons; 2018; 118,000 prominent, relatively, thun they deserve, tons,EYE Owing to the attraction of their imme 5.-Average price 1009, s. 8d. 1010 diate dividends rather than to their 8. Id. 1911, s. 4d.; 1912, 4. 10. ultimate prospects. But among the class of young producers, whose comparative 1913, 3. Old.
merits. I have always advocated, there' are many already paying dividends and rapidly maturing, whose present market,
It is fairly certain that the actual consumption has been somewhat greater than statistics show. In 1000 the supply nation must almost inevitably appre- of rubber was still practically in the ciate to the extent I have suggested. The bands of the Brazilian capitalists, who three necessary conditions are so simple: took advantage of its seasonal fluctua an average production of 400lb, na tions to manipulate the price somewhat average cost of 18., and a selling price severely, and manufacturers ware com uf 2s. 6d. The first and second appear pelled in self-defence to hold considerable to be practically assured, and the third, invisible stacks of the commodity to avoid as I hope I have succeeded in showing, being cornered. With the growing is likely to be a minimum rather than increase of regular supplies from the average.
East and their immediate disposal by the consignees the necessity for large stocks became less and less, and at the present time it is believed that there are no
SUFFERERS
FROM
invisible stocks of any magnitude. This SKIN & BLOOD
would mean an unrecorded consumption of a considerable tonnage between 1909. and the present time.
THE YEAR 1913 EXDEFTIONAL."
Moreover, 1913 was an exceptional year. Owing to the strike and floods in America and the restriction of financial facilitics the consumption in the United States was reduced in the spring by about 15,000 tons, and allowing for subsequent partial recovery it is estimated by at least 5,000 tons on the completed year. This was sufficient to upset the balance for the time being, and gave an opportunity to the
buyers, of which they made the most, and
DISEASES
such as ECZEMA, SCECPULA, BAD LEGS, Asscasses, ULCERS, GLANDULAR SWELLINOS,,
Bo's, PIMPLES, ERUPTIONS, PILES, BLOOD POISON, RHEUMATISM, Gour, &c., should st once realize that outward application, such as lotions, ointments so-called baims, c though they may give relief for the time being, DO NOT CURE The trouble lies deeper in the blood. These complaints are the result of clogging impurities in the blood
and so
CAN BE CURED
the slump of last summer was the conso- quence. But for this accidental inter- ONLY BY PURIFYING THE BLOOD. ference with the status quo ante we should probably have seen the 4
For cleansing the blood of all impurities, price maintained. Be that as it may, there is from whatever cause arising, there is no little doubt that the slump will have a other medicine just as good as Clarke's Blood considerable further effect upon the Mixture-that's why in thousands of cases supply for 1014. Plantation rubber may of skin and blood diseases it has effected be affected to a small extent by restricted truly remarkable cures where all other treat tapping, but wild rubber has already ments have failed, gove begun to show the result to be expected. London's popular medical weekly, writes: The Editor of the FAMILY DOCTOR, " and supplies for 1914 will probably be reduced by a quantity equalling the patural increase from the plantations If this should be so, and the total produc tion for 1814 should only about equal that of 1913, a shortage of 10,000 to 15,000 tons may be seen, a quantity which the existing stock would be quite unable to maki good. And it is not easy to see how such a depletion in the stock could be rectified oven in 1915, for it seems to be fairly evident that a 10 percent. inezease in Monetmption will practically. absorb the increase which can be expected from the Mid East, the rest of the world being unable to respond to the growing demand. Moreover, the latter may possibly refuse to be limited to 10-1 cent.
We have seen hosts of letters bearing testimony to the truly wonderful cures by Clarke's Blood Mixture. It is the first Blood Purifier that Science and Medical Skill have brought to light, and we can with the utmost confidence recommend it to our subscribers end the public generally,"
The net result of all these considerations scaras to be that for at least 10 years to come the minimum price of plantation rubber must be the equivalent of the average cost price of the wild rubber which will have to be supplied in order to make up the total quantity required by the consumers. According to all the best authorities, this basis price cannot ha lees than 28 ed It may very likely be more, but accepting 2, od, as the average selling price for plantation Sold rubber until the time, at least 10 years honce, who wild rubber may no longer be indispensable, what is the necessary inference as regards the earning power Tof Mid East plantations and the conse
quent value of their shares t
Clarke's Blood Mixture
THE WORLD'S BEST BLOOD PURIFIER
HAS CURED THOUSANDS. WILL CURE YOU.
by all Chemists and Patent Mediane
Vendors throughout the World.
REFUSE SUBSTITUTES.
175
Co
Qahiris
Naho.....*
مصر الطم
Hankow
Changsha
**TOTE
Ben Lorel
Barometer
Temperatur
Humidity.
FROM Uberada. Shaki
3201
Scarubata Sim
(pang
...Siputeh ..Manils.
Bonin Is Chefoo Weitwei
29.99
ichang ***** Kinklang
Singapore
Shanghai
...Sydney
Grutals.T
Singapore
Penang ...Singapore
Sharp Peak
Amoy
6% 30.02
Swatow
Taibuka
Rangoon
Penang. ...Medan
Foodbow
Taichu
Tipan
Golang, oo Pe Ou Assurance Great Duncan Hoogtai King King Kwongano Kwongsang yea Kyanimowstain, c/o Foodin Back,
12.07, Youelonekbine St...: Leonghinam Maswah Mauhingchen Pearman, King Edward Hotel Shenghai Pratt Crowquill...
"... London ige Wongrahan, Wellington, 02 Raecox Aires Yueton
...Vancouver, B.C.
Pescadores Canton Hongkong...
Chip Book
MECHO
52.30.04
Wnohow N 97 Hoiho Thai
Following is a list of noclaimed telegrams Phaliana
lying in the Great Northern Telegraph Tourne.. Company's office at Hongkong
ADDRESS
FROM
Caps St. James Aparri Manila
Kobe
Legaspi sa
39.97 4997)
Stockholm
Yokohama
Haukow
Boile Flacolod
Cobia
Labunz
Archer KinSELÍ Games, Ator House Union
erdbem Kulong, 20. Des Von Road
West 0700
HIMROD'S
alves
No matter what YOU KINDLUŽNO organs may bagoeding kurang batter ASTHMA, INFLUENZA, MASAL DATARRH, OP ORDINARY GOUBH. --you uti find in this 'famous remedy restorative power that is simply esequalled.
TANZO BOR Sold in fine by. Stores thrcossost
BEWARE OF
CURE FOR
18. Chemists and
the Cou
FASTHMA
Beethams
Make the Ekin as BOFT AB VELVET, and keeps it SOFT, SMOOTH: and WHITE
hd all the year round
wwwww Remores and prevent Respons Redness, Irritation. Tan, etc. COOLING AND REFRESHING: DURING THE SUMMER HEAT
M. BEETHAM & SON, ?CHELTENHAM 'V, ENGLAND
29.94
Wins
Direction
Forve
T. F.-CLAXTON, Dirsdur.
Walkar
1 BAROMETEK, reduced to as degrees Fahrenheit on the level of the san in 'incham, tantna and rundredths. SEN
2 TEMPERATURE, the užunde, in dagrone Fabrostast.
3 HUMIDITY, in peroantage of saturation, the sumidity of air saturated with moisture being 100%
4 DIRECTION OF WIND, to two pointe
FOLCE OF WIND, according to Beaufort Scale.
S STATE OF Wrazuma, b blue sky, o datobed cloud, d drizzling rain, I fog, a gloomy, b bail. Ughting, o varonet, praning showers, o ganli, rin, snow, thunder, v vjsibility, w daw (wet?
7 Rape in inches, t tenths and hundred the
HONGKONG METEOROLOGICAL
REGISTER.
Hongkong Observatory, May 22nd,
Barometer
Previous On Date On Date
Day
at
at 9p.m. 6 a.12.
at 2
29.87 29.97 29.92
Temperature 100 90 Humidity
77
78
69
69
81
Wind Direction...
West East
East
Weather
.0 0.63
Bain
Force
Highest open air Temperature on Zist... 91 Lowest open sir Temperature ov 21st... 79
Days of
Week
HONGKONG TIDE TABLE.
From 23rd to 29th May, 1914. HIGH WATER
H'kong.
Mean
Time
hm
Height
Low WATER
- Haight.
H'kong.
Mean
Time.
ft
ft. in.
63 91245
1
2 53
Satur. 23 7:47
RIGAUD'S Sun. 24 8 8 6 7 m 28
1958 4
Mon 25. im
337 1m 2.3 10-44 41K
m 9 3 7 3 20
76m 314
3
ནསབབ བབ
KANANGA
Tas,
26
11 328 3 9
Wed. 27 m2
Thare. 28
OF JAPAN
TOILET WATER
Beware
Imitations.
RIGAUD & CO.
PERFUMERS
8, rue Vivienne, 8
Paris-fsance
173-6
ON SALE.
TABLES
FOR 1914.
Shows the dates of departure of the Miiis-
of Europe and America, and the dates of their expected arrival at their destinations, as well
as the dates of return Mails.
Mounted on Card
Qa Paper
30 Cante ***25
Ora ate at the Hongkong Datiy Frês Offon
Hongkong, 7th January, 1914.
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