1909-12-31 — Page 20

Hongkong Telegraph 港電新報士蔑新聞 All

486

̈ssport proved a fabrication davised by" balk” | to rig the market. The temporary excitement notwithstanding, the position of the Company Is a sound one, and the closing price of $12 i tempilngly good for investors, pos- sassed of spara cash. Park Tramways bare advanced to $13} ; the second projected line hag * had to be abandoned owing to the opposition It has met. The Company is once again in the position of a monopolist as regards the control" of traffic to and from the Peak. China Lights sold their Canton property in the course of the year the shares of this company command 56 in the market.

SILVER,

THE HONGKONG TELEGRAPH FRIDAY DECEMBER 31 1909

"Celegrams"""

**HONGKONG TELEGRAPH?

SERVIC

THE SHANGHAI TAOTAI

CLOSING OF A NATIVE PAPER.

[By wurtery of the "Shaung P

Peking. 26th December.

On hearing that the Shanghai Taotai has closed up one of the Chinese newspapers Prince Su. sent a special telegram to Taotai Tsai

The fluctuations of silver during this year have been rather small compared with the inst eight years. The highest point was reached in--Ni-huang asking for information. May with 24 and the lowest in the beginning of March, end of October and bagianlag of November with 73 1/16. The year opened with 23-3-16, but speculative purchases for the Indian

Bazzar and purchases by China as cover agains: export trade soon brought the rate over 24

It seems that holders of silver considered 14 and higher a good price and sold freely, thereby checking any furtheradvance, Stocks, bought by specolators in India, were accumulating and bolders bad to carry their stock until conditions In India improved is bring about larger par- chaser for the bazaare'; supporting influences, however, were steady Contigental purchaacs. In April the outlook for the Indian. ‘exchange bagad to look brighter. This, coupled with trade in China and speculation, bought silver

up to 248 in May, but it slowly gave way again as the demand for silver could not keep pace with the supplies from the United States and 'Canada. The pxceptionally good crop is lodis,

especially cotton, and the rise in the price of cotton has been a great factor in reducing the enormous stocks held by the Biztam. In October a very good export business set in In North. Obina and heavy purchases for the Continent during November and Dec- ember helped the price slowly up. America slopped selling freely and adverse trade condi- tions in China (import business is” on a very. moderate scale) helped further to strengthen allver, which stands quoted at the close at

The following figures we take from Mr.Th. ,Christiani's yearly review :--

HIGHEST AND LOWEST.

T.J. Hongkong

Bar Silver

Lindon Bank of Englard Hatef 13.

2.1.2 2-.3

188

B+34

41.7.8

실

23-3.0 73-7.16 13-5.B

3.2.1.2

1.7.2 2.1.3

Mark B-73.16 1.858 13-10 93-7-10 April.9001642-34 14-383-3-16 May 1936 – på "pant June-1/0-18. 22-1.J

July

Sept 1 908-7.8

Oil and

Nov

1/2+39 23.03.18 '#3-5,26

13af 18-3.0. **** 13.1.16 3.5 +8+23-16 -94.3.16 23:0.18 5

THE MINERALS OF INDO-

CHINA.

The British Consut, dealing with the trade of French lado-China, refers to the minerals there.. A good deal of activity has been man fested, he says, especially lo Tonkin, in pro- specting and reserving areas. The results, however, bave hitherto been comparatively din appointing, and, owing to difficulty of access, poorness of deposit, lack of capital by the pro- moters or other capses, the rule has been for theso enterprises to end in nothing. An ex- ception must be made in regard to the deposits of coal in Eastern Tonkin; the coal mines of Hoagay on the coasts, north of Haiphong, have been worked for some years with considerable success. The cost is anthracite, and, besides being consumed in factories, etc., and sold to Chinese, is mixed with about zo per ceas. of Japagese coal and 10 per cent. of British coal

Prince Su not to interfere."

In his reply Tootsi Tsai asked

Whereupon Prince Su became vexed and telegraphed to Viceroy Chang Jen-chun to inquire and re- port.

THE WAIWURU.

·PRING-THING DECLINES

APPOINTMENT. ·

[Ly courtesy of the 8 Sheung Po."]

Peking, 26th December. Prince Ching his declined to ac. cept the appointment of chief of the Waiwupu

He has recommended. Na Tung for the post, but his recommendation has not met with the approval of the Prince Regent.

PEKING HANKOW

RAILWAY.

LARGE TRAFFIC RECEIPTS,

[By courtesy of the Shawng Po."},

Peking, 26th December, The receipts of the Poking-Han, kow Railway for last month amount to $1,170,000.

·HSU SUIH-CHANG,

DENOUNCED BY CENSORS. [By couriery of the Shaung P6"]

Peking, 26th December.

Censors Ten and Chiu have re- solved to denounce, Hau Shih-chang for keeping too many supernumerary. officials since his appointment as

VICEROY OF CHIHLI.

CHEN KWILUNG ASSUMES CHARGE.

[By courtesy of the "Sheung" "Po"]",

Peking, 27th December. Viceroy Chen Kwei-lung will leave Peking on the 31st inst. and take over the seal of office as roy of Chihli on the 1st prox.

JAPANESE COTTON YARN...

EXPORTS TO HONGKONG AND SOUTH CHINA.

The export of cotton yarn ist mouth was very satisfactory, says the Japan Chronicle, the total shipment of so's and below amounting to 9.531,500 kin, representing Y3,933.746 in value, and that of yarn above 20's to 673,371 kin, valu... ed at Y$94,065, making a total of 10,194,871

in valued at Y4,337,781

Luit-week same activity was shown in the yarn market, buyers in Tokyo and Nagoya Vice-perchasing bargains, and on the 15th festant

NEW PENANG SIBAMBR.

„LAUNCHED AT HUNGROM.

صحته

"At 9 o'clock last evening, 29th inst, at the yard of Messrs. Kwong Tuck Cheong the se cond steamer built to the order of the Eastern Shipping Co., Poanog, war successfully lausch- ed and as the vessel glided down the ways way christened Pangkör. ·

she

The ceremony was gracefully performed by Miss Minnie Larobert, daughter of the popplar surveyor for Lloyd's la Hongkong.

The vessel is a replica of the Kedah recently launched from the same yard...

A number of visitors was present and success to the vessel and the health of the builders was enthusiastically drunk by the gathering.

CRICKET.

HONGKONG CRICKET CLUB VÍ, UNITED SERVICES,

ayth last,

a good scoring was seen, especially that put up by Elborough-135 runs. The Club jast managed to get two runs ahead of the United Sarvices when the last wicket dropped at twenty minutes past two.

about 3,000 balas changed hands. The quota. tions for some qualities were forced up by Ya ar Ys the following day, when the record bigb quotation of Y13t for February delivery was sees. The Osaka. Mainichi remarks that this activity was the result of operacions by speculators, and genuine buyári merely folded their hands, watching the situation. In consequence on the same day (16th) the quota, tions on the Osaks Yarn Exchange closed at Y128.60 for December delivery. Yia9.75 for January, and Y130.55 for February delivery. It is difficult to predict the Tuture, of the yar market, continues the Osaka journal, but if the prevailing high price of raw cotton is main- tained the marker is bound to rise to keep paco with the cost of raw material. The purchase of yarn for export this year was started two or three months earlier than last year and weavi ing circles in Japan remalo very inactive, so that whether the market will advance on the opening of the New Year as generally con sidered is problematical.

The Osaka doahi notes that the Takenouchi Shoten, a cotton yara firm connected with the Osaka branch of the Mitsui Bussan Kaisha, which has made beavy purchases of gassed yarn on speculation since the spring, is reduced to a critical position on account of the collapse On Saturday afternoon, the United Services of the gassed yara market since the summer. met the Hongkong Cricket Club and the former Mr. Fujino, manager of the Osaka branch of were all dismissed in the first lunings for 324 the Mitsui Bussan, has devised a measure of runs. This match was continued this morn-relief for the Takenouchi Shoten and has un. ing at 10 o'clock, the Club electing to bat first. dertaken to export a part of the stock bald by the firm to Hongkong and South China. The Misnt is now awaiting a favourable op portunity to ship the yarn. Japanese gassed yarn, adds the Osaka Journal, has no other market abroad tban Hongkong and South Chios, where, the demand for the Japanese production does not exceed 500 bales a year. Cotton yarn merchants at Horidome, Tokyo, are also reduced to an embarrassing condition. Compared with English gassed yarn do's to Hola, the price of the Japanese production is much lower. In these circumstances, assuming the quality to be not much inferior, there should logically be great possibilities for the export of Japanese gassed yarn to England. The Farn merchants have, accordingly, with a view to forcing up the market, circulated a report that Messrs. Samuel, Samuel & Co., and the Mitsui Baan Kaisha have on foot a scheme to export Japanese gassed yarn in large quantities to Eogland. It goes without saying, concludes the Arad, that Japanese gasied yarn $3 is quite vosuitable la English weavers. 1g

The United Services opened their second inning at about 2,30 p.m. and closed, the in. 'nings for 148 ran all out.

The detailed scores were as under when we went to press

UNITED SERVICES FIRST INNINGS. Comd. Noble, Elborough, b Bird... Staff Sergt. Fower, b Bird menemanicomin Lt. Petley, b Oliver.................................. Comd, Lewis, b Young men

Capt. Baird, and b Oliver Capt. Garbett, c Makin, b Oliver..... Capt. Maybow, h Young inagusicia Li, Green, not dul.......................

Lt. Bagnall st Hancock, b Bird Lt. Hunton, b Oliver

Flag-Lt. Mullineaux, c Pearce, b Young...

Extras..

RE O. Bird...23.

Total

Dowling Analytic.

105

386

I 34

E 57

R. E. H. Oliver,,34; - A. C. Leith

*** 7

A, H. Young... 9.4

A. A. Claxton... 3

HONGKONG FIRST INNINGS,

-15

324

The following were the scores made op to the

president of the Ministry of Postsime of going to press at one o'clock to day and Communications.

SIR CHEN-TUNG LIANG CHENG

DENOUNCED BY CANTON VICEROY..

[By cauleng of the “Sheùng Po"] .

Peking, 27th December. Viceroy Yuan Shu-hgun, of Can. tou, has submitted a further memo- rial denouncing Sir Chen-tung Liang

tar and manufactured into briquettes, which are used by the steamers of the Messageries Cheng for having wasted seven mil- Maritimes and by the local railways. A special lion dollars of the Canton-Hankow briquette is manufactured for the use of the navy. Other deposits of similar coal are work-Railway funds,

ed at Dong-Tricu, Kebao, and elsewhere in An Imperial edict has been issued Tonkin. The production of zinc also is in

creasing, the principal mine being in the Thai-

Nguyen province of Tonkin. Zinc now takes a regular place in the list of exports. Alluvial tin it being worked in Tin-Thuc, near Cao, bang, and is said to give good promise of future development, Wolfram ore,comes from the same district.

ROBUKR:

A MUCH HEALTHIER POSITION.

The Lonilon aní Chind Express 'of December Bays:→→

Since we wrote last week the prices of both

lower levels. This is, of couraé, not surprising

directing the Ministry of Posts and

T. E. Pearce, c Noble, b Pelly

A. A. Claxinn, c Baird, b Hunton.

H. H. Hancock, c Maybe,b Noble

A. C'E Elborough, b Bagnall :

W. C. D. Turner, e Bagnall h Baird...

R. B. H. Oliver, c Baird, b Bagoal! ......... Manoing, b Baird a. v au umnya makterysen A. H. Young, Green, b Bairdiome H. R. Makin, Garnett, b Baird

R. E. O. Bird, b. Mullineaux ...............İLİ A. Leitb, not out, por cierta st

Extras

Total.....

-Bowling Analysis,

Lt. Hunton

135

316

M. R.

Capt. Garnett.... 8

Capt. Baird... 25

Lt. Pelly 4`

Lt. Bignal I

Lt. Noble... 3

UNITED SERVCES SECOND INNINGS.

Lt Mulli eux... 13.5 3 52.

•

Communications to inquire and rot. Noble, c Makin, b Oliver....................................

Lt. Pelly, run out

mjom St. Sergt. Power, b Bird momente port.

Capt. Mayhew, e Hancock, b Young Capt. Baird, b Young

HUNAN-HUPEH RAILWAY,

FOREIGN LOANS OPPOSED.

[fly courtesy of the1 Sheung Pọ"]

Peking, 27th December, The representative of the Hugan

Peking and has called on Hau Shih- chang, when he protested against the raising of foreign loans;

Hau Shih-chang has not given

CHIENTAO.".

Rubbar and most Rubber shares have reached and Hupeh Railway has arrived at when it is remembered that pretty high quota- tlons have been ruling for a considerable period. A reaction has been looked for, and it has come; and there best able to judge think it may be welcomed as making for a much haalthier position. The batch of excellent crap returns for November already to hand can any definite answer. Held nothing but satisfaction to the investor, while the erratic course of the share market during the last few days has provided another lesson to those who bave not yet learned that to dabble speculativaly in rubber obaren in zo! always a profitable occupation. It in quite likely, also, that the bears who have been selling daring the past day or two may find them- salvar in an uncomfortable position whon endeavouring to borrow shares for the coming settlement, The only new issue has been the Dannistown (Krian, F.1.S.) Rubber Estates with a capital of £150,000 in £1 shares,

In a recont Circular Messrs. Gow, Wilson,

and Stanton, Ld., wrols :--

Not only is the forward position of raw rubber much-atronger, but the excellent dividends lately declared by saveral companies, and the promise of more likely to be declared in the Dear future, bare-gives-considerable impeius. to the market in general. Another-lealdre- be reckoned, when considering the position the raw article that late contracts made by some companies for 1910 on the basis of their prosent excellent prices assure the payment of equally good dividends for next year and also the desire of manufacturers to make further' contracts of equally good rates if companies will only con- seat. The bugbaar of war perduction bat at times exercised the mind of Beauvektorbat: when it is remembered that "be total receipts from Brazil to Jann so last ware only about equal to those of 1905-7 (1907-8-being about $400 tons less than that period), and that only with rubber at a high figure. can these estates ho worked, the position of the Plantation Pub ber (which many nstatés can produce at about: 11. 3d par 1b his epasiderably strap Kenedi

· APPLICATION FOR JAPANESE CUSTOMS COMMISSIONER,

Ny courtesy of the “Sheung Po

Peking, 27th December, Japan has asked that a Japanese. Commissioner of Custome be ap. pointed for Chientao, but Governor Chan Chiu-aheung of Kirin has strongly opposed the application.

TIBET.

SUBSIDIARY COPPER"CURRENCY"

WANTED:

[By courtesy of the "Shoùng Po."]

Peking, 27th December.

Capt. Garbett, ran out .....................

Cmd. Lewis, b Young-

L Green, c Young b Bird ............................ Lt. Bagnall, b Bitd

Flag Lt, Mullineux, st. Hancock, b Bird...

Lt. Hunton not out!

Extrasma

Total

Howling. Analysis.

Q. M

R. R. O. Bad... 13.3 0

35x

33.3

R. E. H. Oliver 9 o

A, H. Young ... '10

UNITED SERVICES DI, HONGKONG.

Doraot ar Japanese weavers and coltos gara merchants are of conditions abroad, it would still bardly be thought that they would be en- tr. pped by such a schema. In practice, how! ever, the case is different and the report ap pears to have had some effect in improving the market.

HONGKONG JOCKEY CLUB.

FORTHCOMING RACE MEETING.

Following is the progimme of races to be held on the 15th, 16th and 17th Feburary,

Best :-

THE WONG-NEI-CHONG STAKES.--Winner $400. Second $150. Third, 575. For China papies, subscription, griffius of this season 1909-1910. Weight for inches as per scale. Jockeys who have never had a winning mount in either Hongkong, Shanghai or Tientsin allowed 5 ib: Entrance $to. Half a mile. 1-THE MAIDEN STAKES.Wisner $500. Second 5150. Third $75. For China ponies, bond fide griffias on date of entry, Weight for soche's as per scalo. Subscription griffios of this Season 1959-19to allowed, 7 lb. En. trance Sio. Three quarters of a mile.

3. THE VICTORIA STAKES.-Winner $500, Second $150. Third $75. For China ponies, Weight for inches as par scale. Dont fide griffios on date of entry allowed 5 lb. Subscription griffics of this apason 1909-1910 allowed to lb. Entrance $10. Oos mile. 4-THE VALLEY STAKES.-Winner 5600.

Second $200. Third $100. For China po nies, subscriptiun griffins of this sonson 1909. 1910. Weight for inches as per scale. Ex- trance $10. Three quarters of a mile. 335-THE FOOCHOW CUP.-Wieser $500. Se- coad $150. Third $75. For China ponies. Weight for inches as per scale. Ponies who have run at any previous meeting and.. not won a race and grifios allowed 5 lb. Subs cription griffics of this season 1909-1910 allowed to lb. Jockeys who have never bad a winning mount in other flotigkong, Shang hai or Tientsin allowed 5 lb. Allowances accumulativo. Entrance $10. Two miles. 14B 6THE TRIAL PLATE-Winner $500, Se- cond Sito. Third $15. For China ponies,

- 28th inst,! The Hongkong XI. required only 947 runs to make for a win when they opened thair secood inulegs at len miuntes past four yester. day. Pearce and Elborough went in to start. They began by making runs very slowly. Pearce was caught out by Green; the wicket. keopor, with 35 as to his credit, Hancock then went out to partner Elborough ; he get set and was bitting out freely. Elborough was dismiss ed for 18 runs, when Turner Joined Haocock, Hancock continand hitting out freely and drove Baird's ball to the Law Courts for a six, and Immediately after, this he was caught out by

the wicket-keeper. Turder made, good 31, and Oliver rot run out for B. When the inst was called the Hongkong XI. required another ay to wins the game, accordingly, ended in a draw.core

The score for Hongkong's second lantogs which did not appear in aur yesterday's Izrop was Rs onderz

HONGKONG ·SECOND-INNINGS, T. E. Pearce, c Green, b Baird AC. E. Elborough, Lovin, b Baird H. Hancock, c Giten, b Mulleneux.......... W. C. D. Torer, c Lawla, b Baguall: RE. HOliver, man out angive A. A. Claxton, not ant............ A. H. Young, not out

Total (e wit HR Makia, Br B

Chiu I-fung, the Senior Amban, Massing did not bat has requisitioned for copper coins for circulation in Tibet,

An Imperial decree has been

pod sanctioning the request

Bow

Bated

· Bappa!

bond fids griffins on date of entry. Weight for inches as per scale. Subscription griffins of the season 1909-19to allowed 7 lb. Win. ner of the Maiden Stakes 7 lb extra. Jockeys who have never had a winning mount in sither Hongkong, Shanghai or Tientsin al- Allowances lowed b, Entrance Sta accumulative. From the two-mile post once round and in. 7.-The Garrison CUP.-Prosented by the officers of the Garrison, Second to receive For China ponies, $150; and Third $75. subscription griffins any season. Weight for inches as per scale. Winners at províqui meetings of one race 7 lb; of more than one 14 lb;t this meeting 3 lb extra. Penalties accumulative. Jockeys who have never had winning mount in either Hongkong, Shanghai or Tientsin allowed 5 lb. En trance $to. One mile, 8.THE PROVESSION CUP-Valoo $500, Presented. Second to receive Sigo's and third $75. For griffos on date of entry and ponies that have never won a race. Sub scription gridian of this season. 1909-1910ʻal- lowed slb. Weight for inches as per scale. Winners barred. Jockeys who have never bad a winning mount in alther Hongkong, Shangha! or Tientsin allowed $1b. Allow

ances accumulative, Entrance Sio. One mile.

THE HOMOKONG CLUB CUP.-Presented by the members of, the Hongkong, Clo Second to receive $150; and third $75. For China ponies. Weight for inches as par scale. Grimas allowed 5 lb. Subscription

of season allowed

b. Winners at this meeting fitb. extra

BECOND DAY. 1.—THE JOCKIY CUP.-Winner $300," Second $150. Third $75. For Chick posisi, 'sub- scription griffins ofany season. To be ridden by jockeys who have not had more than twoj wincing mounts previous to this meeting in Hongkong or China. Weight for inches as per scale. Winners barred Entrance $10. One found.:

GANZON ATHLETIG SPORTS.

A CONSPICUOUS SUCCESS, [From Our Own Correrfondent]

Canton, 28th Decemberig

It was the third', time that in the city o Canton local sports ware bald on the syth and THE EXCHANGE PLATE-Value St,ood. 38th instant on the East Parade ground, just Presented by the Bankers and Exchange Brok, outside, the Eastern Gate. "The ground, is a ers of Hongkong. Secondtoreceive5ajo;und | very large one giving am ɔle space for the third. $100. For China ponios. Waight for sports; and on it large bamboo structures were inches as per scale, Winnors at this meeting erected for the accommodation of the spectator, ‚of one race 7 lb.; of two or more races to lb. | Thare were prossul no less than thirty thousand

extra. Griffins allowed 5 lb. Subscription | people to witness the races walch, warn; keenly: griffios of this sonson 1909-1910 allowed to 15. | contested. Admission fass to the cnclosure were Entrance $15. ́. From the two-mile post once | charged at the rate of thirty cents each, and a fed round and is.

of $5 was charged for, such honorary member,c, 3-THE HONGKONG DERBY A sweepstakes There were in all six different kinds of races with of Sas each with $2,000 added. For China almost a thousand boys entering to me over a ponies, bond fidè griffins on date of entry, course of 400 metres." The band of the Sacred First pony to receive 70 per cent. ;second 20 Heart College, the Government Military band per cent,; and third to per cent, Weight for and two others, were prenost and played inches as per scale. One mile and a ball valections of moaic during the proceedings,▲ 4.—The German OUP.-Presented by mem, delachment of several hundred police wa Sers of the Clib Germania. Second to receive | placed around the grounds me guindo. Thi $200; and third Stoo. For Chian ponies, director of the Canton · Whampoa: Navel subscription griffins of this sensen 1929-1910, Collège, Mr. Wosg Bun Tin, with two Weight for facher as per scale, Eariance other gentlemen to assist him, acted as Sto. One mile and a quarter.

| Judges. “Òwing to exigencies of official 5-THE CHINA STAKES.-Winner $500. Sebusiness, the Viceroy, H. E. Yuan Shu cond St5o. Third $75. For China pooies. Hauo; was unable to be present,. Ade Weight for inches as per scala. Winners at mical Li Chun, iba Provincial Educational, this meeting, of dna Race, 7 ¡h,; of two or Commissioner, who acted as Viceroy · Yuan'a more races 10 lb. extra. Griffine allowed representative, the Taoial for the Development lb. Subscription griffins of seasons 1908. of Native Industrier, Chan Mong Thang, the 1909 and 1909-1910 that have not won more Tactal of Constabulary, Ko Kun Cheung, the two than one race allowed to lb. Entrance 510. Magistrates of Nambol and Fan Yo and many Five furlongs

other officials were also present, - The westbarg on both days was simply glorious and the spods ,ware pronounced a perfect success. Many fore eigners from the Shamnen, who had a half höll- dayon the syth instant, availed themselves of the opportunity and proceeded to the East Parade Ground to witness the spo to. : Ten•was servid on the grounds by the members of the Canton Fang Pin Bospital to the spectators, and tha members of the Canton Red Cross Society: were also present-10 render their services in case of emergency. Prizes will be distributed to the successful competitors to-morrow, the 29th instanty at the officer of the Young Men's Christian Afrociation at Canton,

6.THE LUSITANO CUP-Presented by the members of the Club Lusitano. For China ponies, bona fide griffins on date of entry, Second to receive $150, and third $75 Weight forinches as per scale, Subscription griffins of the sanson 1909-191o nilowed 7 lb.

Entrance Winders 7 lb.. extra.

IO One

mile.

BOYS OWN Club,

OPENING OF NEW PRYMISESS

7-THE CHALLENGE CUP.-Value one hun

dred guineas. For China ponies. A forced entry of Sto cach, bot optional to China posien subscription griffins of this or previous seasons, Weight for inches as per scale. To be won two years consecutively by a pony, or ponies the bond fide property of the same owner or owners. Winner to receive $100 and 70 per cent., second Stoo and 30 per cant, and third Sço and to' per cent, of tha entrance fees until the cup is finally won, when the second pony will receive 75 per cbat, and third pony 25 per cent, of tho The Commition of the Boys' Own Club are entrance fees. One mile and three quarters.

at present working"bard for the inaugurst dam of the Club's New premises on Mondayırd” 8-THE NAVY CUP.-Presented by the offi- cers of His Majesty's fot. Second to re-

January. The ground is situated at East Point, ceive $130; and third $75. For China ponies,

at the corner of Jardine's Building, Leighton"> subscriptions griffins of this season tgog-toto.

Hill Road, and opposite No. 1, Police Station.. Winner of Weight for inches as per scale.

A small programme of sports bas bonitari the German Cup to lb.; other winners ranges for the opteriainment of the visitors. 7 lb. exten, Entrance Sto. From the two Machado's String Band will be in attendance. mite post noce round and in.

The programme for the sports is appended, a

9-THE Para Cap-Presented by the Parsee community. Winner $500. Second $15. Third $75 For Chian ponien dena fide griffins on date of entry. Weight for inches as per scale.

Winners of one race 7 lb. ; of two or more races to Ib. extra. Entrance Sto. One mila and a quarter 0.—THE GYÝKhana Club CUP.-Value £50. Presented by the members of the Gymkhana Club, Second to receive Siya and Third $75. For all China ponies that have run At an Gymkbann meeting and subscription griffins of this resson 1959-190. Weight 10 st. 8 lb. Winners of any race other than Jaces confined to subscription griffins 7 lb.. of a subscription griffins race 1 lb extra. Subscription griffins of this season 1909-1910 allowed 7-b. Winners at this meeting bar red. Jockeys who have never had a winning meant in either Hongkong, Shanghal of Tientsin allowed 5 lb. "Allowances secumu. lative. Entrance $10. Three quarters of a m. ite.

THIRD DAY.

1.-THE GRAND STAND STAKES.-Winger. Sson. Second $150. Third $7. For China posles, bord fide griffins on date of entry. Winners of ons raca 5 lbs.; of two or more races 10 lb, extra, Subscription griffins allowed 5 lb. Entrance $10. Three quar teis of a mile.

Mre, W. J. Gresson has kindly consented to open the Club-House and present the prizes at the conclusion of the sparia.

The programme for the sports is as follows:-

THREE-LEGGED RACE A so`yards Ladies' Race,' 50 yards Girls' Race.

50 yards Pony Raca..

LADIES' NOMINATION RACE.

75 yards Boys' Raco. 50 yards Hopping Race,

BAND PROGRAMME,

1. Mardi Capitan"

* Selector Walla Dream 3. Two Steps." Navahu,

...Gelsha

1. Valne "Chorister

Two Slep....

belection.********

Yast Venus on Earth Selection.” Country Gif).

g. Sarerade ** La Paloma ".. 10. Galop

God Says, the King.

Straus

Monckton

RUBBER PROFITS IN 1918,

ASTOUNDING FIGURES"

The London correspondent of the. Zima Ceylon writes as follows:-

The Stock Exchange Garette has been publi- shing an instructive series of articles on the probable profits of leading rubber companies three years hepce, and a study of them will enable intending investors to form a good general idea of the appreciative powers posses sed by the companies treated of. Of coube, it is quite impossible for any writer sitting bern in London, and who has probably never seen rabber eitate, to predicate with any ceniinty what the profits are likely to be on any parts- cular property three years bodice, eyep if the price of rubber in 19 in was known. Laböne difficultles on ope estate, an attack flows pr white anis on another might, complarly falsify these estimates, but, taking them in the rough, they are as good a guide as it is possible in flod just now. The writer hasparently taken a yield of about 8 per cell what will be looked far by the public, ada seng price in 1912 of 41 a poung, vita which he tells un, some of his crilic) con- sider too low. The first company rund of is the Selangor, to which he righis gives pride of place, and be estimates that riaren years hence this concern should be payl per cent, and the price should be 58 of 35%, which was the quotation when't... cia was wiļṭtes

t-THE GREAT SOUTHERN. STAKES-Win

cer $500 Second S150, Third $75. For China pokies. Weight for inches as per scale. Winners at this meeting of one race 7 lb.; of two or more races 10 lb. extra. Griffios allowed 3 lb.; subscription griffins of scamous 1908-tong and 1909-1910 allowed to lb. Entrance Sto.. O e mite. J-THE HONGKONG STAKES.— incer $600. Second $100. Third Stoo. A forced entry for China ponies subscription griffios of this season 1009-191o. Weight for inches as per scale. Winner of the German Cup 71b. exiza; non-winners allowed 3lb. Entranch Sto.. One mile and a half. 4-THE LADIES' PURSE-Presented. $150 added, Second to receive $200; and third Stoo, For Chica ponies, Weight for inches as per scale... Winners at this meeting other than subscription griffins 5 lb, extra Jockeys who have never had a lening mount in either Hangkang, Shang' ai or Tientsin al Inwed sib Rotrance $6, Once round. 5.-THE FLYAWAY STAKES.-Winner Stoo. Second $150. Third $75. For China posies bond fide griffins on date of entry. Weight for inches as per scale. Winners one race 5 lb. of two race 7 Ibrand of three or mora racas re lb. extra Jockeys who have never had a winning mount in either. Hongkong, Shanghal or Tientsin allowed 5 lb. Entrance Sto. Seven furlongs,

Parating should pay 155 per cent 6-THE PHAETHON STAKES-Handicap, price should be gos, instead of 241;;* Winner $500. Second Sigo. Third $75. Lunadron should pay 50 per cent For China ponies that have run at any price should be £63 Instead of £11.

Harpenden abould pay 100 per cou Gymkhana mesting and griffies on date of entry. Winner at this meating and non-price should be 12} instead of £57. starters barred. Entrance Sto. One mila and a quarter.

7.—THE GOVERNOR'S CUP-Presented by His Excellency Sir F. J. D. Lugard. Bo cond to receive Stgo; and third $75. For China ponies, subscription griffins of this season 1909-1910. Weight for lachas a par scale. Winners of one race 7 lb.; of two or more races to lb. ozira. Entrance Sto. One 8,-THE CONSOLATION STAKES. A Sweep stakes of Ein each with 5100 added. Second to receive Siço; and third $75. For Chisa ponies that bays run and not won at this mesting, Weight for laches as per scale, Jockeys who have never had a winning moust: in either Hongkong, Shangbal or Tientsin allowed 5 lb, Three quarter of a mile

THE CHAMPION STAKES.-Winner St,500. Second $100. Third $100. For China pontes,

Vallambrose, treated in the same be paying 140 per cest, and the coca be'sős, instead of 245, dan

Labu should pay 33 percent., andi should be £4 instead of £3žado

Perak abould pay 55 per cent, andį should be £6.7 instead of £3

United Sumaira should pay so perd the price should be £t instead of Es,

Bertam should pay 15 per cent, price should be Sr instead & 128 1915 these shares should be worth £6-%

Sungei Kruit should pay zz per the price should be 63 instead of 48, pe Anglo-Malay abould pay 66, per chauff price should be 258. instead of 151

Bukit Rajab should stand much hi the present quotation of 8), and Ling" higher than 248/1457

Pakap, whose quotation is give premium, has splendid prospects, and In said of Bandarrario,

Charmane, which, a-

winners at this meeting only. A forced should command ge entry. Weight for inches as per scale. En-¡Kuala Lumpur should be paying trance $20 for each race won, Ona mile and be worth considerably

existing

and quarter EAPARANDOM SARCOMA ng quotation of 6612

Entrance Sto. One mile and a balawoopsjakas of $10 with $200,added: Winnar laid down, some companies bave

to THE RACNO STAKES Winner, $400, Second $150 Third Bys, For China poules, subscription gritting of this season 1900-1910) Weight: for inches as per scala. Winne barred Jockeyn who Baya never had biggy mount in: Hon koor Tintula allowed: jdb; E

to receiva: 70 per centis second so per cent. and third ara per cant. For China ponies, subscription griffins of this season 1909-1910 kare rug sad not won at this moeting, berat par scale, Jockers who dai winping mount in 'dithur Shangkal, or Tiantsia, allowed

potentiallilea thân’othery, and anting to see how the forces eiber point which kike kor case of seraca) of 11:0

1909-12-31 — Page 20

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Private Research Note