1910-04-14 — Page 3

Intimation.

Powell's

ALEXANDRA

BUILDINGS.

"SHOWING

NOW

New Fabrics

FOR

SPRING

A D

SUMMER

GOWNS

STRIPED ZEPHYRS

50 cts. Yard

MERCERISED

LAWNS

75 cts. Yard

FLOWERED MUSLINS

50 cts: and $1.00 Yard

THE HONGKONG TELEGRAPH THURSDAY APRIL 14 1010

Public Companies

THE HONGKONG ELECTRIC CO. LTD

OTICE is hereby given that the TWEN

MEETING of the SHAREHOLDERS will be held at the Company's Officer, St. George' Building, on SATURDAY, the goth April 1910, at 12 o'clock Noon, for the purpose of presenting the Report of the Directors, to gether with a Statement of Accounts to 28th February, 2010, and electing of Directors and Auditor

INOTICE ROT ORDINARY GENERAL

The TRANSFER BOOKS of the Company will be CLOSED from the roth to the goth April, 1910, both days inclusivo.

By Order of the Board of Directo

1314

GIBB, LIVINGSTON & Co.,

Agents. Hongkong, 13th April, 1910

UNION INSURANCE" SOCIETY OF

-CANTON, LIMITED.

NOTICE TO SHAREHOLDERS.

A FINAL DIVIDEND of Twenty. Dollars Per Share for the year 1908 and an INTERIM DIVIDEND of Thirty Dollars per Share for the year 1909 will be PAYABLE on THURSDAY, (ha 14th instant,

Warrants may be had on application at the Office of the Socisty on and after thai date,

By Order of the Board, ....

C. MONTAGUE ELE, Secretary.

[1]

Hongkong, 13th Apr 1, 1910.

Notice of Firm.

NOTICE.

OUTLOOK LOR, KUBLE.

PLANTATION SUPPLY CANNOT

·EXCEED‘DEMAND.

The nom de plame of Ajax is familiar with readers interested in rubber and the following letter from him published in The Financier, of March, should attract attention; but readers should bear in mind that Ajax is one of the most persistently optimistle writers wa know *Of N

Than the article po 8 on 10 give the asti, myta of -rubber production from the Malay Stale", khowing that “it în likely, to, Troms 3,400 tomb in 1909 to 22,200, tons 19137

11. and follows this up with and they will bare increased their output, viss times over, or 900 per cent, while the bateral incense in consumption is barely 10 per cent, per accom, with presumably a similar increase, if not quite so large, in other parts of ibe world. It is clear that before 1915, the price of rubber must have a substantial fall which will reduce the phenomenal pro- Since writing my article on rubber shares fits now accruing to the older plan, and the outlook, published by The Financier | tations," and "may" "probably prevent many on January 15 last, things have gone with a of the companies that have not yet reached the bots and a hom, and all the world lu perturbed || producing stage from earning any profit at sil, at the daily increase in share valuns, while that? The article then goes on to day that the high secsitive nervous system made up of the dividenda of such shares au Linggik, etc., can- broker, the jibbar and their wicked worka-by: not be expected to continue after1911 in conse- which I mean the bis inside interests which}|| govern this machiny-in neurtle to a degree! unknown, all because the in vi-ble has half Happened (1 must not leave out the half) My brokers' murvor, in particolar, am completely shelteredi Clean gone! For they wille me Conservative people here, who have been in rubber from the start, are beginning to look askance at prices, and it is quite possible the large faside interest may knock the market down for a bit, if they find the public are" bulls, in order to weed out the weaker element.

NO CAUSE FOR ALIRM.

Well, in all this I son no case for alarm Poisonally, ds E-have said before, I always wel come a reacting as my opportunity to bay, and my roadora, if they are wiss, will do the same; "but i have dapbis that the big insida interests¦¦ will at present attempt to knock the market

quence.

who wish to mean advantage froz vmy favourite rubber'sbares.

Entimat

A FAIR-XTUHANGE, Large sums of money are no doubt

'Ike'to Include Tuck Kennith, Kepë

Ways and Saptmilkcades in the list of far Thulant, 1 kuar, has every prospect om simple speculation, but the grand fortunei of paying as per cent on this year's outpat, derived from legitimate and honest business and, as next year's output, is estimated at overwhere the goods famished, am worth the two and a half times this, and beating in mind price they bring. Certain famous business men have accumulated their millions wholly in: that rubber for 1911, has been sold, forward by some companies at 8s. 4 poned, 1 leave my this way. Prompt and faithful in every com readers to work out the dividend for 1911, keep tract or engagement they enjoy the confidance ing in view the fact suit the forward "rubber of the public and command a class of trade that buyers know their own basinan only too well is refused to unstable or tricky competitors. In the long run it does not pay to cheat or deceive others. Even a child or a dog soon learns to distinguish between real friends and foes in disguise. A humbug may be advertised with a noise like the blowing of a thousand trumpets, but it is soon descted and exposed. The manufacturers of the re

Auction.

BY ORDER. OF THE MORTGAGEE.

PUBLIO AUCTION; /

MESSRS, HUGHES & HOUGH bate

received'instructions, to, sell,by,

PUBLIC AUCTION,

FRIDAY,

© Halas Rooms, Ice House Street,

THRİ YOLLOWING: VALUABLE LEASEHOLD PROPERTY, "Situate at Victoria in the Colony of

: "PRODUCTION AND CONSUMPTION.

In the drst place, the premises of this rea saning are not correct. True, the patput of the Malay States may increase by 500 yer cent, else how am I to reap the benefit of my invest., ments in plantation shares but there will be the 22nd day of April, 1910, at 3. at their no sintiler jocrease slowhere, for the Brazilian, output for 1909, in spite of the high prica of raw rubber, has not perceptibly inc eased, and the other producing countries are in a rome. what similar position. It is a most mislandlog}, argument, therefore, to say-that a'amall pro- ducer, such as the Malay States now is, will increase its production, in 1913 by gro par crot, and, therefore, in that year the supply will| overtake the demand. I might just as well write to Messrs. Crosso and Blackwell and tell them that the apple production will scon;

WAKPOLE'S" PREPARATION have always acted on very, different principles. Before offering it to the public they first made sure of its merits. Then, and then only, did Its name appear in print. People were assured of what it would do, and found the statement truthful To-day they believe in it as wo all **** {} ·bélieve in' the word of a tried and trusted friend, It is palatable as honey and contains all the nutritive and curative properties of Pare God Liver Oil, extracted by us from fresh cod livers combined with the Compound Symp of Hypophosphites and the Extracts of Malt and Wild Cherry. It kids digestion, drives im purities from the blood and cares Anemis, Scrofula, Debility, Influense, Throat and Lung Trables, and Wasting Complaints. Dr. Louis W. Bishop says: "I take pleasure in saying I hare found it a most efficient preparation, em-

pure cod liver oil in a most palatable form," It

Hongkong, viz,': Mile ALL THOSE PIECES or PARCELS of GROUND situate at Victorie, aforesaid, se 10 REMAINING PORTION OF SEC ¡gistared · in the Land Office" respectively ɛm. TION & OF INLAND LU. No sos, and The REMAIN NG PORTION OF INLAND LOT No. 505, together with the massaagar thereon, known as No1, 54, 56.58, 60 and 63 WanchalHoad. Thral boy square lent of thereabouts, Teim 999 years. Annual Crown meat S$5.05.

|

TOTICE IS HEREBY GIVEN that the down, for it appears to me that there is too glot the market because my apple-tree, which Stone Nollab Labe, and 'Nos: 4, 6, 8, 10 and 15 bodying all of the medicinal properties of a

partnership heretofore subsinging, ba- tween us the undersigned carrying on business as SHARE and GENERAL BROKERS at No. 5 Queon's Road Central, Victoria, under the style or firm of "VERAUN & SMYTH" has been DISSOLVED) and the interesi kod resposibility of the undersigned JOHN YARDLEY VERNON VERNON in the said, firm bas CEASED as from the gist March, 1910.

All Debis dus to and owing by the late firm of Vernon & Smyth will be, received and pald respectively by the undersigned FRANK MYTM who will continue to carry on the and Eusiness under the, stylo or frm of

Vernon & Smyth."

Dated the 1st day of April, 1930,

1. (S4.) J. `Y. V. VERNON. ·

(54) F.SMYTH.

[195

1

Intimations.

HONGKONG JOCKEY CLUB.

NOTICE.

Tave club vil beheld en sal URDAY, "HE HALF-YEARLY MEETING of the

the 16th April, 1910, at .13.30 PM at the Cffi.es, of the Jockey Club on the Graund

Road.

By Order,

T. F. HOUG 1,

Clerk of the Course,

Hongkong, rod April 1910.

[seg

¦

only produced two apples this last year, will bave jucreased its yield by gro per cent, in 1913, against' a world's increase in the con- samptios of apples of only 10 per cent. per

great a risk of the public going in for bear baiting on the firm opportunity. There can be no question that the public are now on rubber, and I can only sea in all this upward, mové mnt of share valuss the prospect of the fulanam k filment of my, prophecy that the boom would come this spring, and so long as dividends go as increasing, and to long as min born of woman must gamble, so lang" will the rise continds.

-The dividnads that will shortly be declared will be of such a nature that further enhance, manim is th tre values inevitable. The big insiders know this, and she the strength of the raw robber maskef, and they know that any | reaction would necessarily be of short duration. They know that if they could drop Lingcia by five shillings there would be such a rush to hay that the reaction would also benefit the likes of me, and there are so many such that the chance of altimately benefiting themselves is too doubtful to make it with the risk. I commend these lines to those brokers who have sary acilor. the interests of their clients at heari for neces

|

L

No Mr. Writer; take thy pen and paper, and work out the compound consumption of rubber at an increase of to par cent, per asanm on the 29,800 tons, as given by you, and you will fad that in 1913, after the Malay States have pro, vided 22,403 tons; there will be 15,000, tous add still to be provided from somewhere, and things do cot priat to Brazil, the biggest producer, belog able to supply anything like a fair pro portion of this balance.

Again, 1. join izron with the statement that producers like Liaggis cinnoi rackoo on a con- tonace of such profits as they are now declar. ing, and I base my epposition on the fact that the Liaggi divideods are being declared on a bearing aren of ona-eighth of the total acreage planted; on the fact that the older the folds the greater the annual yield; on a firm baller that the fail in the price of rubber, when if does come, will still leave it at a level at which the older companies can make, with their but by no means least, that there is still ample enormous outputs, handsome profits; and last

I say all this with confidence and, sorrow, Flour of the Hongkong Club Aunexe, Chater worth calling such for two of three months to because. I am doublful now of any reaction

time for the older companies to lay by large come, and also because there are features in the present market conditions comparable reserves from the profits accruing. In fact, fame time bace 1 devated a special articis to with those existing this time isit year, for

showing that Linggis could, with-ut the aid of then, bought Linggis at 14s, and on the 60 per Kamuslinge, declare 100 per cent, dividends on a cent, dividend they subsequently declared theyda poned profiton rubber, and before that time weat to 21s within a few months, and to-day arrives they have built up a reserve fund safi F. BLACKHEAD & CO., it is possibe to buy shares which should on ciently big to ensure present buyers against all dividend prospects appreciate to a greater risks, If confirmation of what I write bo nend- ed it is to be found in the concluding para graph of the article I have quoted, for the writer goes on to state that there are many whe believe that, with nó rast, primeval tree's yield.

SHIP-CHANDLERS. SAILMAKERS

COAL, AND PROVISIÓN MER CHANTS, NAVAL CONTRACTORS

AND GENERAL COMMISSON AGENTS,

GROUND FLOOR,

ST. GEORGE'S BUILDING, HONGKONG,

SOAP AND `SODA MANUFACTURERS.

SOLE AGENTS for

extent.

Lot me give an example, loch Kenneth will declare too to 140 per cent, so that if share valac bear the same ratio to dividend prospects they did last year—and who will saying abondant la'ex' at 'sach'tapping, cheap it pay ?—loch Kennelbs should ga to £16-£20, Iabour and more ecosomical managemedi and Kualas, on a similar basis, should go to Bisal will always misintain bes foremost posł- Lia L14, and ya! the conservative people look: tion as a producer of subber, **, `nskabre at to-day's prices,

Admitting this argument, it is clear that the

Again, the market, position to-day reminde | writer hardly anticipates a fall to m. 68. a me of the conditions which existed last year pound for raw robber, and at this rato I would

FLOWERED ATMANNS RANTIENS CENDINEB ting, concanto, the sand and the say smo pit

VOILES

50 cts. and $1.00 Yard

CREPOLINES

LINENS

$1.00 Yard

POPLINS

All the above are · Exceptional Value.

of

POWELL'S

Alexandra

Buildings.

AND, HARTMANN'S GREY PAINT

DAIMLER'S PATENT MOTOR LAUNCHES, &c.,

&C.

&C

Bole Agents for FERGUSON'S SPECIAL ORIAM and

&. O. SPECIAL LIQUER SCOTCH

'WHISKY, &c.

EPERY KIND OF SHIP'S STORES AND REQUISITES, ALWAYS IN STOCK

REASONABLE PRICES wach nap, vib Weich, zuOV

OSMAN &

For further particular and conditions of sale, apply 10-

Mcasik JOHNSON, STOKES & MASTER, Prince's Buildings, Ice House Street, **

Solicitors for the Mortgagée,

or to Messrs. HUGHES & HOUGH,

Auctioneers. Honchong, 11th April, 1910.

Intimations

"SOLIGNUM.

stands in the front rank in the march of medi cine. It is a scientific comedy and a food, with a delicions taste and flavour. No slow or doubtful action. "It cannot disappoint you." Sold by all chemists.

HONGKONG GYMKHANA CLUB

[307] THE FIRST MEETING of the Season Lwill be held at Happy Valley,con SATURDAY, the roth "april, "commancing at 3.30 F.M.

PERFECT preservative, stain 'for. Woo

A Stone, and Brickwork.

It protects against Decay, Fangas, Dry Rot, the Ravages of fasects and Vermis (especially the white ast) and the action of the wasther.

THE

The Charge of Admission will be $1.00 for others than Members of the Hongkong Jockey Club or Gymkhana Cinh.

Boldiers and Sailors in uniform Half-price. The Committee invite the Ladies of Hong kong to be present.

REGINALD F. 0, MASTER, Hon, Sec. and Treasurer. Hongkong, 12th April, 1910.

[309

BOXING! BOXING!!

*"Solignum" really does what is claimed: mdalas of the Governments of India, the for 1 me Governments of India, thTHE POSTPONED WELTERWEIGHT

||Sudas,&c.

In Drums and Barrels of various colours. Prospectus, and all further information from:

SIEMSSEN & CO,

(Machinery Dept.) Hongkong,

Sole Agents.

· Hongkong, 7th December, 1000,

-

FREE TRIAL.

TRY THE

crcare brod ̧in the land." The daily paper cent, than too come years hance, and I would which has a few words to say about the not be surprised at dividends still kigher. Yet lurgeness of its circulation has lately been: as l ́have said before, 'Linggis is only ons of carping ́at the 'rubber market; 'as it did many, but, for all that, the ogy. On the other somu za mjɑths ago, dubbing it crany, and band, I thoroughly endorse the statement that saying that prosent prices fully disconat future many of the companies that have not reached prospects, and generally its City Editor, who the producing stags may earn no profit, for it is: is responsible for these responsible sayings, is one thing to make a subber ostale yielding 600 ROYAL STANDARD

applying the cold sponge. Wel', perhaps his; to 800 lbs per acre pay, and quite another to followam will remember him in their prayers make a rubber' estate producing 205 lbs. par for they will, hawa no reason toʻin their wills, acte, and if, 'readers, you want confirmation: A friend of mine, at any rate, has no causa for of this, you will have it in the actualities of the latter recourts. Last year's cold douche the fatura.. I only plead caution in selection, -clean pui him off Malaccas, and my endeavours | because some purchases offer the worst^ela» to warm him up failed, because I was his ments of speculation, while, on the other friend' and his dully paper was his guide, and|| kind, some purchases offer the best elementa he bad ibe chagrin of 1 Leing Malaccar going | of investment—yes, when the speculation in 139 up from La to £8 within a few months.

this market is a thing of the past..

CASUM,

* &.8, 'D'AGUILAR STREET.

JUST UNPACKED Ladies' Trimmed and Untrimmed. HATS, RIBBONS, FLOWERS

& FEATHERS.

MUSLIN and FIGURED VOILES.

LACE and EMBROIDERIES a speciality.

TABLE LINENS, SERVIETTES and HOUSEHOLD LINENS.

Sumplee on app

ADVANCING PRICER EXPECTED.

TYPEWRITER

((VISIBLE)

Cost $165 Lattle, Last Long.

Always Give Satisfaction. PHONE No. 842 and the machine will be at your office for free trial.

There may be different opioions about the 'character of rubber shares, but I fancy a I have only a few remarks to make with great many 'will side with what a big Livermgard to the outlook of the raw rubber mar pool broker told me some months ago. I bave ket to complete my brial for higher share satisfied myself that the raw rubber market values, and again I resort to comparison. 1 for some years to come is sound, and I am look, at the list of rubber companies which not going to keep mwako 'at nights' arguing: "save sold their subber up to the end of 1911, th with, myself whether" "I"haya "youn "in for and the list I had at this time last year of STI upocitation or investment in rubber shares, boss companies which had sold to roto, and for when I invest I look to dividends, when I emphatically state the forward bayar has 1 specolate 1 took to appreciation in share bean busier this year, and is giving much values, but 'when' I buy rabber 'share' I look bigher prices. The particulars supplied me forward to both with confidence; 'and so say are comidantis), so I cannot say more than On the other hand, there is a typos of critic that first-class plantation, „rabber, Fas boon.

hose sole aim is the protection of the interas

Repair to any Make of

WRITERS; GRAMAPHONES,

AND

'BEWING MACHINES.

TOURNAMENT at the BELLE VIEW STADIUM will take place on SATURDAY EVENING, 16th April, at 9 PM, whan di amangements will be up-to-date.

Main Evant ng 2-minute rounds," SEAMAN ROBERTS, H.M.S.

VERSUA

TAFT O'KEEF, TORPEDO DEPOT.

10 Round Bout GUNNER BEDBROOK, 85т¤ Co., R.GA

YERSUB

GUNNER ARUNDEL, 877# Com R.G.A. Late Cars will be arranged for. Hongkong, 13th April, 1910.

FRENCH STORE.

NOTICE.

Esta

We beg to inform our numerous customers and the public in general that we have been appointed Agent

for the "CREME SIMON" and

all Simon's Produces for Toilet

Requisites, Perfumery, Powder,

Soap, etc.

INSPECTION: SOLICITED. Hongkong@gist: Janpary, 1910

NOTICE

MR. LI HON PAN, Chlobe

Gyversed in literatura, has bous

to European, oficials and merchants, inŋy thin Colony for over ten years,

He has a good method of training

́ ́peans to pass in tia'Chinese exklu

- Ohlsson, foscher.", Ha, has aÏ30. Sedge of Mandarts.

Those who intend learnin "language) are requested

sold forward up to the beginning of roa at A Speciality. Satisfaction Guaranteed, office

rates up to že, a pound, I wrlin, all this baẻ | cause, I belleve, share, values for some

manthe

Hollywood Road, and floor)

Hongkong, sed Janasty, 1910

of bis rasders, and such a critic" deserves every consideration, for his arguments are dispassioned, and Invective forms so part of to come will continue their upward trend, and bis pleading, Such an ons is the writer of a 1 do not want my readers to be bounced out of MOTOR CARS, BICYCLES and GREEN ISLAND”. Daily Telegraph anicle, which lies before me, iheir sharen, . I want them just to hear, what I and, as the same interests which he bus at have got to say, and thap, if their nerves are heart are my internats also, perhaps be'will not poor and their timidity great, i mise 'no objec Cavil at may allompt to analyse his deductions, tion to thais trying to help me to buy in agals especially as propose to deal only with the' on a vital parts of his article.”: Jn the. &nt place,' besamaks

Hot With

iwo aski

TYPEWRITERS

FOR HIRE.

DRAGON CYCLE

DEPOT

65 DES VŒUX ROAD,

"PORTLAND