1910-05-13 — Page 15

"LABU (F.M.8) RUBBER,

FULL. ADVANTAGE OF THE RISE IN PRICES

THE ANNUAL GENERAL MEETING.

The Financier, of April 7, contains the following reporti

The third anda! general meeting of the members of the Labu (F.M.S.) Rubber Co., Limited, was held yesterday at the London Chamber of Commerce, Cannon Street, EC, Major G. F. T. Leather presiding

Mr. J. G. Hay (representing Messrs. Guthrie and Co., Limited, secretaries of the company) read the notice convining the meeting and the report of the auditori,

་

The Chairman: Gentlemen, in the absence of our chairman, Colonel the Hon. Charles Lambton, who has been visiting your property In the East, and who has been unavoidably prevented from raturaingia timeforthis present meeting; I have been asked to take the chair to-day. With reference to the report and ac. Concie, I presume that, as usual. I may with your permission, take them as read, as they have now been in your bands for rome days, I will not detain you long to-day with my re- marks, but there are a few points of interest not mentioned in the report which I will pro- ceed to touch op. I am glad to be able to tell you that we have fully profited by the recent advance in the price of raw rubber. The direc tors have received, at various times, many tempting offers to sell the crap lo advance at what appeared to be attractive prices. hawa, however, refused these offers, with the result that, at the present time, we are selling at prices that are very considerably in advance of what were current six months ago,

We

FORMATION OF THE CHEVIOT COMPANY.. Last year, your directors decided that, as the estate was becoming too large a task for one, manager, it would be advisable to detach a portion of the cultivated area and jungle reserve to be taken over, worked aud developed by A subsidiary company. This resulted in the formation of the Cheviot Rubber Co., with a capital of £90,000 nominal, of which 670,000 has been issued-30,000 fully-paid shares to

THE HONGKONG TELEGRAPH FRIDAY MAY

thankful to have got that", "price for our highest quality twelve months ago, 42,900 treem are now being tapped, and 25,873 are approaching tapping 21. To show the personal Interest the board take in your property, I may montloo that two of your directors bave visited the ostata during the last twelve months, Colonel Lamb time there, and Mr. Murray Bell, who is the toa, your chairman, having spent a considerable

was ablo 10 pay a brief visit, and, as he li alternate on the board of Mr. John Anderson, present, to-day, I have, no doubt you will his glad to he may have formed of the estate and it hear any impression that mausgement. In conclusion, gentlemen, may say that you have a very one property in excellent order, looked after by a manager who has proved his capacity for good and Wo „owe‘a great deal both to him and our visiting agent, Mr. C. Malcolm Cumming, who has shown the keanest pos: sible interest in the property, and, in fact, has done far more than the board could have

hard work.

expected him to do to the ordinary perform

ance of his duties ay visiting agent. As R token thele appreciation, a bonus has been voted to this gentleman, and also to the staff at Labu by the board and I bave so doubt that you will fully, endore the action of the directors in this mater. (Hear, hear,) I now move: That the report of the directors, together with the statement of the company's ccounts to December 31, 1903, duly audited, be received, approved and adopted. (Applause.)

MR. MURRAY BELL'S VISIT

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CORRESPONDENGA.

Wade not necessarily endorse the opinions expressed by Correspondents in this column,]

QUESTION OF MOURNING.

TO THE EDITOR OF THE "Hongkong TeledraP}}.",

Dear Sir, -1 aut quite tired of bslug ragged about not being, in mourning. This forenoos two very young men of the "goody goody

and had no sign of mourning. Now to begin kind talked at me all the way on the ferry fram Kowloon, because I was in white clothes

American or a German or a Tierra del Fuegan? with how can they know that I am not an Then if I were an Aberdeen Scotchman, what mourning should I wear? My white jacket closes at the throat, so I wear ao tle, and a crape arm baud, such as some people wear for A relative, might cost 51.50. And where are was to draw the line? - Must I buy black edged wear black? I say, let those who like black paper? Must the Chinese-British subject

But please don't ignorantly throw sais at→. coate wear them, if they are British, and mus. yours truly,

"TOTHER GOVERNŐR.”

"lin, Long, 11th 'May.

Va wou refer our correspondent to the Secretary di State's telegram published alie. where in this issue --Ed-/1, 8-2]

THE EASTERN BANK, LTD.

.

The statutory meeting of the members of the Eastern Bank Limited, was hold en 13th ult at the registered office of the company, 9. Fen- church-avenue, E.Q., Lord Balfour of Burleigh, K.Tu presiding,

The Secretary (Mr. Joseph Ware) having read the notice convening the meeting and the report of the auditors,

The Chairman said - Gentlemen,-1 have to state that, in con.

"WAGLAN LIGHTRODSE.

REDUCED TO SHORT COMMONS,

záth fast.

13 1010

HONGKONG HORTICULTURAL

#

SOCIRTY

ANNUAL REPORT.

A GINGER DISPUTE.

CLAIM AND COUNTERCLAIM.

159

1ath Inst

The long continued drought is making itself felt, if not actually within the island itself, at

The annual general meeting of the. Society.

Before Mr. Justice Hazeland, Acting. Paisas was held to the City Hall at its pm, to-day.

Judge, in the Summary Court this momfog, the any rate in its immediate vicinity. The light-The report is as follows:-

Sam Shing Wo Hing Kes firm, of Des Voeux ous depend for their water supply upon the The committes beg to present their fifth an. Road, sued the Wing On Company, also of Des raio which is collected le troks and stored for nu report:

Voeux Road, to recover the sum of 571278, the lightkeepers' ase.

Owing to the small The annual fower and vegetable show was amount dua for goods sold and delivered, to

the islat have had to be reduced to short.com show. The weather was unfavourable, the fort. rainfall this year the available supply on Wag held in the Botanic Gardens on the 8th and 9th wit, preservad ginger. Mr. F. F. Hatt appear ias Island has been steadily giving out, so that of March, 19:0, the date being fixed by a "refered for the plaintiffs and Mr. J. H. Gardiner wa the keepers and the Chinese staff quartered on endum" to those who exhibited at the previous for the defendants. Defendants counterclaim. mos in respect of their water supply. The night before the show being cold and cloudy,

ed for the end of $584.74. quantity in storage will hold out until the sad the first day of the show fair and the second wat. of the week only, and requisition has bad, ac The exhibits of Bowers from the lower levels cordingly, to be made to hongkong for a fresh

were fully up to previous years, those from the supply to replenish the depicted tanks. Wo

Peak, however, showed the effects of the incie. soderstand that arrangements have been made ment weather. The vogutables' both from the to provide the lightkeepers at Waglan with Peak and lower lavais showed a decided ad- order to tide them over the present shortage. & sufficient supply of the natural element in Vance both in quality and number of entries

over previous years.

CHINA IN PARLIAMENT.

RAILWAYS IN" CIHINA.

The foll wing table gives in comparative statement of the entrins, &c, for the last four

shows:-

in the House of Commons au April 13 Earl Year Winterton naked the Becretary of State for Foreign Affair whether it was the fact that an agreement or understanding between Great Britain and Germany regarding Garman in teresis in the Yangtze was last year, on the demand of Germany, considered obsolete or Ineffective; and whether, in consequauce, Gers many successfully claimed a right to participate in the Hankow Canion railway project.

Mr. McKinnon Wood (Glasgow, St. Rollox, Min.), who replied, said 1-An agreement was coma to by British and German financial groups in 1898 in regard to railways in the two districts in question. It was not a formal . dertaking by the tea Governments agreement has not been cancelled, bat the That German group contended with the British group that it did not apply in the case of the loan for the Hankow-Canton and Hankow-Ste chuan railways, and it was not considered ad- visable to contest this cisim, which would only ferent groups.

En-Exhili Clas- Prizes

triển Lars

Jel

Number number

of of prizes hibitor won by Won Winning one ex Fries hibitor

1907 651

55

134 150

-34

1908

42Z

43

102

149

19

1909 485

1910 520

49

95

167

37

25

46

98

152

23

ཙ |:ཡུ རྩ

The judges were Messrs. J. Barton, D. W. Craddock, H. Humphreys and W. J. Tutcher, H. H. Gompertz, L, Gibbs, and H. W. Looker, For the gardens Mrs. Brewin and Messrs. and for the table decorations and bouquets Mrs. Looker and Miss Bryst.

bis friend was antitled to open, as he had e Mr. Gardiner said he did not know whether

counterclaim which exceeded the amount of plaintiffs' claim, N

His Lordship said Mr. Helt was entitled to орап,

Mr. Gardiner said he was also a plalotif He was entitled to, apas and have the final word.

..

His Lordship sald he never heard of such a thing and hold that Mr. Hatt was clearly an titled to opan.

Mr. Gardiner said that the defendants ad- milled a portion of the claim.

Mr. Hett submitted that on his friend's own) showing he was entitled to open,

His Lordship opheld Mr. Hett.

Mr. Hatt la opening said that the plaintiffs were a very well-known firm who dealt in ginger and who were established in the Colony for a great number of years. The claim was for Sota. The defence had been filed by defendants, who claimed that a greater sum was due to them. On the oth July, da- fondants ordered 'some..casos of ginger which were shipped to" Australia and subsequently- 20, 30 and 50 cases were sold. He then deaft with the counterclaim but he did not proposa to discuss the question of counterclaim, be- Cause he was going to ask his Lordship to enter judgment for him on the claim and bis claim. friend could then proceed with the counter-

.."

Mr. Gardiner said he could not understand

following who kindly presented prizes or con- claim.

The thanks of the Society, are due to the inf-lb. iins, as appeared in the statement of why eight taels of ginger should have been put

tributed to the prize fand, H. . Sir Frederick

Dorabjee, He Kom Toog, Ho Fook, Lau Chu Bir Paul Chater, Messrs. J. Barton, D Pak, Leung Tua Po, H. W. Looker, L. Gibbs, Wong Kam Fook, Mrs. Ho Tong and Mrs. Van

this company and the balance to the public at my disposal to sea, I would have made foel very highly-hououred by being trusted §.have led to keen competition between the dif- Lugard, H. E. Major-General Broadwood, friand should have pointed out that fact to him.

CONDITION OF THE ESTATE, The qutate, I am glad to be able to tell you, is now is first-class order in every respect, as the following extracts front letters will akow. From Col. Lambton, under date January 10 You will be, very pleased to hear that I have already barn over the greater part of the estatet and found all the fields absolutely cies. No half meatures, and extremely good growth of

formity with the Companies Act, the list of share- holders is on the table. It falls to me to mova that our first report, which has been circulated, ba adopted. I do not know that i can add much to it, except just to say, in the first pince, that I

and I can only assure you that so far as i am to be in the position of chairman of this bank, concerned and I believe in that I can speak for my colleagues as well as for myselfour very best services will be placed at the disposal of the institution in which we are all interested and which, I think I may venture to say, has begun with every bope und prospects of suc cess. This meeting will naturally not expect that much should have been done is the way which you can rally be told; this is a formal tectis, and is held in coolermity with the requirements of the statute. As a matter of fact, we have appointed a manager for London, Mr. F. H, Button, who is present, and also one for flambly. Mr. Anderson will be the manager in Bombay. He comes from Hong. kong now, but was formerly in Bombay. He koons Bombay and its requirements well, and we believe we have made a must satistec.ory appointment. The Bombay affice was actually opened for business in the beginning of March; it is situated in Gresham-buildings, Esplanade road. We are going on recruiting our staff Most, of such officers as we require at the moment have either been appointed or will very shortly be appointed. Offices have been taken at No.4, Crosby-square; they are being fitted up under proper contracts, and we hops and believe they will be ready in a few weeks, probably long before we have to call our shale holders together again.

case that the agreement of 1898 was within the Earl Winterton asked whether it was not the knowledge, if it did not actually receive the sanction, of both the German the British Governor citizens of both countries in China, menis, and was regarded as binding on the

mads put belwezo the two Governments, but Mr. McKinnon Wood-The agreement was

for the Governments to coerce their different between two fiancial groups, and it is difficult subjects in Chienio aborra such an agreement.

CHINESE PORK.

In the Hour of Commous on April 13, Mr. Pets (Deviies, Opp.) asked the President of the Local Governmen: Bord whether he had ascertained if a pint or all of the shipment of Chinese pork thut was condemned and refused landing at Liverpool and London had been trashipped to the Isle of Man ; whether it was being there made into bicon: whether any of such bacon was being shipped to London and Liverpsel; whether as it was impossible for experts to determine by examination it bacon had been made from diseased carcasos or not, there was any means of pravasting bacon, if made from diseased carcases of Obluesa pig" in the Isle of Man being sold in this country as English-cured; and what steps would be taken to prevent it.

Mr. Burns (Battersa.) The consignment of pork referred to in the question was not con demned to Liverpool and London as being un- 6t for food. So far as my information goes, it was subjected to carefal examination by British exports in China before dispatch, any doubtful carcases being rejected. This circumstance, which feed imports are subjecte, seem suffici ent to remove any apprehension,

Me Murray Ball: After the opportü sity you. have had of perusing this company's balance- sheet aud profit and loss account, and com- paring it with our prospectus estimates, as well as of listening to the interesting and fully infor mative speech of my colleague, the chairman of this mecting, Major Leather, I need hardly say that it affords me pleasure, both as a duector of the company and a shareholder, to secded the adoption of the report and accounts, The chairman has alluded to my recent visit to the company's property and the Cheviot Estate, in which it is interated, but I am afraid that my stay there was of so' brief a dura impression of what i was able in the time CIA aly give you a passing tion that

upon which 5s, p:r share has bees called up actively in affairs that I did, if it had not bara my visits longer, one, and gone more The parent company thus retain the propot that my friend, the chairman of this company, deralog interest. I may mention that thene shares have, sloce very much appreciated lo

Col. Lambion, had already made a prolonged value, the party-paid now being saleable in the stay on the estate, and was likely, after a motor market at about a premium. As a result of

tour to other rabbar properties with our visiting agent,, Mr. Camming, and myself, to return the policy of forming this subsidiary company there again to confer and to settle with the the parent concern becumeim mediately relieved of the necessity for providing the working capital manager Rod visiting azent arrangements for bringing into bearing the existing cultivated affecting the present and future welfare of the area of the Cheviot estate, and simultaneously company can, however, say that I had no the money has been furnished for the plaoting opportunity of seeing some parts of the estate, up of a large additional ares. The cost of pro

and also the adjoining Cheviot property I was much pleased with all that I saw and duction has been 15-811. per lb, fo,h; at Port Dickson, a figure that may be considered unduly

heard of these states. further had ad high, and which may seem to you to require opportunity of making the acquaintance some explanation. The chief reason is that your manager, and the impression when our visiting agent, Mr. Malcolm Cum, which I gained of him was satisfactory ming, inspected the estate for the first timain

ODC. I believe that in him you have an February, 1989, he reported that the weeding experienced, capable and keen planter, zealous in certain portions had been exiccied. This is every way to promote your interest, an asset obviously entailed a considerable increase of which, as I know by a not inconsiderable can expenditure in order to have a state of affairs nection with the Kant, now extending over put right as speedily as possible. The direc period of some 20 years, is of paramount im tors, however, confidently anticipate that the

portance for the proper conduct of business cost of producing the company's rubber will

there. You may have, as we have, an ideal now revert to a more normal figure.

estate in respect. of its generat suitability for cultivation of rubber-io fact, possessing every thing in the way of the nilural elements of success-but if th, man at the helm on the estate does not possess the requisite quali fications to make the most of these, you may easily had yours-Ives logging behind, and Bot, as we now bappily are, in the fore front of rubber-producing companies le British Malaya, ia our visiting agent, Mt. Malcolm Cumming, you have a tour de rubber. Everything appears to be in excellent force. Owing to the close proximity of well as i do, will-amount to a sum of £ 100,000, and the ordinary inspection at the ports to order. From Mi. Malcolm Cumming's last reimmediate work, he has been able to advise Mr. the Labu Estate to the sphere of his more port, dated February 3:-1 am glad to be able to report that this (1.6, the estate) is now all to

Gray generally in a way which no ordinary first class order, and the rabber in all the fielde

visiting agent could have done, and in any -shows a very great improvement in growth. At

meed of praise, therefore, which you may the conclusion of the same raport, Mr. Cum-

bestow on our manager-and I say this without, ming, in referrlag to the management in an

of course, in the slightest degros deprecating appreciative mavner, states :-I may say that I

the admirable work which the litter has dona consider the properties are being satisfactorily -you must not forget the debt of gratitude worked. Mr. Gray, our manager, in a letter dated which the company owe to Mr. Cumming for March 3, says: The paw field lapped by

the invaluable service which he has rendered, And I am sure that no one could mure cordially Tamils is being done well, and now the yield in incrassing, 1 máy say that tapping has only endorse this than our manager himself. la ton to give you when next..wo mest.As... Just started on this fald. Again, on March 10

concluding my remarks, need only say that have told you, this is only a formal meeting which is the last letter we have received from

I returned from my visit to the company's called to comply with the law, All I have uns him; he stated.—The tress [ne is now referring estates very favourably impressed with every- † 1ọ say is that before. I put the motion to the to the whole estate] are in a state of very good thing I bad seen. You have a magnificent pro-meeting for the adoption of the report, if there health and yielding splendidly. The work

perty one which has already surpassed our most is anyone here who desires to ask any special entailed in bringing the estate into first class sanguine anticipations, and which shows every question, esther 1 or my colleagues will ea- order led your directors to decide that further indication, even should the price of rubber recde deavour to give any reasonable information which can be asked for on such an occasion as very considerably from its present level, of extensions should for the time being bo post maintaining his capacity for paying handsome this. I formally move the adophoo of the poned, no work of this kind being under taken except to plant op certain small areas, dividends to its shareholders. I have much in order to round off the estate, which bas

pleasure la seconding the adoption of the now...been completed. The labour force at report and accounts, as proposed by the chair present is quite sufficient, the daily ouiteraman: (Applause:) Subsequently, the Chairman, belog 578, and the manager reports that recent recruiting has been satisfactory, as the following quotation from one of his letters will show:-I am doing all i can to establish a labour force for future requirements, and a Bumber of recruiters are at the coast for this purpose. The results this year seem to be mach more satisfactory; some 30 coolies have arrived since January. The board attach great importance to the building up of an adequate and contented labour force. The health of the whole staff, European and native, is, of course, dmatter of vital importance, and the hospital ditors. that was built last year has proved a great -access--More attention. har boen given to

At an extraordinary-general meeting held sanitary matters, and a scheme is now on foot prior to the meeting above reported, resala to instal a new water supply, the old one notions were passed providing that the 100,200 being considered satisfactory. This is a good fully paid shares of £ each in the capital of thing, not only for the health of the natives, the company be subdivided into 1,000,000 fully but you also know that a great deal of water is paid shares of 11. each; and making certain required for wasblog the rubber. The ques alterations in the articles of association giving tion of the medical supervision of the hospital be company power to issue bearer warrants, bas been engaging the serious consideration of the board, and they have practically completed arrangements for this. To view of the con- stantly increasing nutput from the estate, the directors are making every possible provision, by the purchase of up-to-date machinery and otherwise, to cope with this and to turn out a quality of rubber which they hope will always Command top prices in the market.

ESTIMATED OUTPUT,

The output for 1910, ax'you will see from the roport, is estimated at 200,000 lbs, or about al times that of last, yaar. The directors] hope that this will be easily obtained.

As I have indicated, ibo prospects of doing satisfactory business are good, and, in fact, we have but last week resolved that it will be ne- cessary to call for further funds. We propose to call & per share, which, as you all know as

may expect in the course of the next few days and this call will be made immediately: You to receive the notices. They must, of course, be. simultaneously sent out bath here and in Bombay, and therefore we must wait the Dec. sary amount of time until our mail gets out to Bombay before the notices are sent out bare. I think I have nothing to add exceptihat a Stock Exchange quotation has been granted, and, in shurt, in other words, we have taken all the preliminary steps which you would expect us to take, and I hope we shall have more informa

statutory report.

Mr. J. Brigh. Wood, C.M.O., seconded the resolution.

Me.Nowell; May I ask if many shares have both allotted in India?

The secretary: About 40,000. The resplation was then put to the meeting and carried unanimously.

The Chairman: That is all the business bo-

meeting...

moved that a fiel dividend of 17 per cent. be now declared out of the net profits of the company for the year ending December 31, 1909, and that the sum of £13,011 175 11d, being the profi: realised by this company on the sale of a portion of its property to the Cheviot Rub-fore ber Company Limited, batransferred to reserve Me. Salinger moved a vote of thanks to the

асссонах.

The motion was adopted. Cal ne! the Hon. Charles Lambton and Mr. John Ander son were re-elected directors, and Messrs, Gibson and Anderson were reappointed an-

BARTHQUAKE AT SHANGRAI.

Sicawei Observatory reports that a sharp shock of earthquake occurred locally last even

ini, at six minutes past eight o'clock, sufficient to stop one of the clocks and to give a distinct record of five millimetres in length on the seismograph. The deviation was North and South and as a consequence of the dia ablement of the clock it was found Impossible lo give the usual sigoal at 9 o'cinck,

The garthquake shock was felt in various It may be of interest to remind shareholders parts of the Settlement.---N, G, D, News,

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Mr. Flavio (Kerry, N. Nat.) asked whether the right hon. gentleman would make inquiries B 10 the nature of the food upon which these pige were fed.

Mr. Bares. These pigs are not, as the hop. gentleman supposes, the black scavenger pigs, but the white pigs fed on tice from the Yang. tz: Valley. (Laughter.)

alleged rice-fed pige are only fed on rice ose or two days before they are slaughtered? | (Laughter.)

No reply was given.

Mr. Remnant-Is it sot the fact that these

Mr. Kilbride (Kildare, S., Nat) asked whe ther a portion of the carcase was not removed

The statement of accounts-considering that

second day was wat is decidedly satisfactory fixed for a popular polo match and that the the first day of the show was also the date

tion, the Society has all but paid its way. showing that, for the first year since its forma

The committee wish briefly to refer to ruin ours which have reached them to the effect that the rale which specifies that exhibits shall have been in the possession of the exhibitors for at least six weeks, has in some cases been infringed. Owing to the difficulty of obtaining any adequate proof of such a case till the show is over and top prizes disimbuted, and to the possibility that the wrong may have been done by the exhibitor's gardener without the know ledge of the exhibitor, the committee de not now propose to take any action in the matter beyond appealing to all members who exhibit to do their best to uphold the reputation of the Society by a strict adherence to its rules

Tao Committee have to deplore the loss through death of two of their number, Mr, Choa Leep hoe and Mrs. L, Gibbs,

SHANGHAI CHAMPIONS.

A JOCKEY'S OPINION,

The following letters appear in the N, C, D. Nets of 7th insi in the Champions bas made a very painful im

Sir,-As the objection laid against Marbles

pression generally, I think, those witnessing" the race would like to hear a jockey's opinion, and from one who was riding in the race, and always-wall-up.

There is no doubt about it, that Marbles entered the last quarter 6-7-lengths in front of any other pony.

Next round the Bend was myself on Sagita cias, Spring Rose right close beside me,

As we entered the straight; I saw that Mar- bins was making for the dry ground on the outside.

I was of the opinion that: Marbles bad mada bis effort and would come back to us. A great mistake, he kept on.

1 made straight down the middle of the

in order to prevent the détection of tubercourse; Spring Ross followed Marbles and culosis.

also made off to the left for the outside,

insisted upon the carcase being landed whole Mr. Baras said the Local Government Board

Bat part of the carcase was removed by the exporters for commercial reasons, as the carcase fetched more in the market without the backbone than with it.

Mr. Fell (Gront Yarmouth, Opp) asked the President of the Local Government Board what atens he was taking to prevent the introduction into this country of the Chinese pork which was being converted into bacon in the Isle of Man, after having been twice rejected at ports in this country.

material change took in the relative distances For over two-thirds. the last quarter Bo

between the ponios, Marbles had by this time come well out on the outside, so had Spring Road.

As wa gradually neared the Winning Post, both Spring Rote and myself bad coma up to about withing lengths of Marbles, when alt of a sudden I saw Marbles stagger and swerve slightly.

|

Mr. Hett said it was very significant that his

had asked them to put eight taels of ginger in For some extraordidary reason, the defendants lb. tins and the fact was mentioned in the contract. They simply complied with defen. dants! request,

Mr. Gardiner-My friend must not make arts statements,

Mr. Hetti aball prova'it,

Proceeding, M, Helt staled that the defence as it stood was no defence at all. He did not koow what his friand wished to set up-breach he did not plead it. But even if he did, it of warranty or breach of agreement, because would still be no defence, as the moment the defendants took delivery of the goods and ship-. ped them to Australia, any breach of agreement, if there was any, would merely amount to a breach of warranty and the only remedy which defendants could have wat as action for damages but they could not repudiate the cou

tract.

His Lordship entered judgment for tha plaintiffs on the claim aud, reserved the ques ilon of costs.

The counterclaim was then taken. Mr. Gardiner said that when the ins (contalbiog the ginger arrived in Australia, the trades.ae6 refused to take delivery, as they said the 1-lb. tins only contained eight taels of ginger,

Mr. Hett-My Lord, as i hava already said, "we were asked by the defondants to pai elght taels of ginger in 1-ib, tins, evideally with the object of deceiving somebody.

Mr. Gardiner-I shall 'show they were not intended to deceive anybody.

James Locke, the managing partner of the defendant firm, stated that at first he he changed his mind, as he found the ordered larger tios but shortly afterwards

das difficult to sell in Australia. He featly ordered savas or sight-tsel" tins. "It was not the usual practice in Australia to roll ope-pound tins of ginger as containing one pound of ginger whether they contained ora pound or not but sometimas gingar was sold in smaller than -lb. tins. in those casos, the customer was told the weight of ginger the tins contained. The smallest amount of gingat which was put in 1-1b. tins was six taels,”-

The hearing was adjourned.::

.

788 MERCANTILE BANK.

The annual general mesting of the share. holders of this Bank, was held at Winchester House, Old Broad Street, London, E.C., on prosiding. Tuesday, the 5th day of April, Mr. R.J. Black,

The Chairman said the year 1009 waS not one in which great results, could be ex pected Money, was cheap, margins in ax change were poor, and for the greater part of the year trade with India and the farther East was below normal, and therefore the opportu aities of profitably employing our funds were more or less restricted. Considering the circumstances, however, I think the profit and loss account for the year may be looked upon as quite satisfactory. (Hear, bear.) We are able to recommend a continuance of a 6 par Sharer, to increase our reserve fand by £35,000, bringing it up now to £285,000 which is more than half the paid-up capital.

Chairman, which was seconded by Mi, Gros into this cottoiry is liable to inspection by the in the short distance before the Winning Post cept, dividend on both the "A*" and "B"

and carried,

The Chairman made a briel acknowledgment, and the proceedings terminated.

CHINESE LABOUR.

Mr. Buro-Any bacon which is Imported

medical officer of health, and he is empowered to seize it if in his opinion it is unsound, un- wholesome, or unfit for human consumption.

Mr. Fell asked whether the right hon. gentle man was aware that, 25, bales of bacon made from this pork had already been received by the Ualon Cold Storage Company in London.

Mr. Burcs, ata not

can tell by examining these carcases whether Mr. Rees-Is it suggested that say expert

fed on rice? the animals, were fed or how long they were

Mr. Burns-We take the precaution through the British Copbul to the district, to find out whether these pigs are fed as I have stated, and we have satisfied ourselves that the suggestions made by kon, members are unire,

Spring Rose noticed it also, as we both made desperate efforts to catch Marbles; but I am absolutely convinced and positive, in my own mind, that'na effort could have passed Marbles was reached, in such heavy going, even if both ponios bad rug straight. And in my opinion, "from a sporting point of view, the name of Marbles must go down as The Unbeaten Fony of the Spring Meeting of 1910.,

I am sorry for its genial owner, Mr. Fash, and for Mr. Springfield who has so valortuos- tely lost his first Champions.

I am, dic,

ERIC MOLLER, Rider of Sagittarius

To the Editor of the

"NORTH-CHINA DAILY NEWS" Sir,-May I inquire sader what circum stances the third place in the Champions was awarded to Stirrup Cup,

I understand the

|

the Bank,"end to carry forward to 1910, £16,030,2$, I do not think the bai lance sheer calls for any special comment... In no article on the Labour problems, In

from me beyond remarking that corrent ac Tinland has this to say of the Chinese coolie.

counts and fixed 'deposits have increased by Ichasbeenackoowledgedthat in working cap that the former is not so much subject to the

£943,905, għid the figures throughout the state. acity, a Chinaman is equal to, two Klings and

meat indicate a general expansion of business,

considering the mode of living of the two, the

Auences which seem likely to prevail this year, which I bops, with the more favourable in- ailments that are inherent in the latter and

may doable us to take full advantage of the Chinese is a far superior form of humanity, and

increased resources wa have now at our com- is susceptible to a greater strain of work,

mand. You will notice in the report that The lack of intelligence of the Kling is one

we have opened s branch at Rangoon and of the principal causes why he is not prefer

a sub-branch of Kuala Lumpur, Extension red. The Chisaman is plodding and car-Wheo bacon is imported into this country can

Mr. Hunt (Shropshire, Ludlow, Opp.).-rider did not "weigh in" after the race, which to Rogoon has become, I may say, ries on his work with an catoosiness for

is necessary under Newmarket Rules, by which || simost, a natural sequel to our businem-in ultimate results and any one connected with

the inspectors tell whether it has been obtained I believe our races are conduced?

India, Kuala Lumpur is a' growing "centre of these States can and at once the difference

from pigs suffering from tuberculosis or not? Enclosing my card,

trade and appear likely to develop into ond 'between, a Chinese and a Kling homestead,

(Laughter.)

of some importance, and we hope that both Too great fault with our planters bas

these branches will in time be sources of ad- been that no attempt has been made to acquire a mastery of the Chinese 1.nguage

against Marbles la the Champions it would and Mr.J. A, Maitland, the Directors retiring *** lo regard to the complaint lodged diffonal strength and profit to the Bank,paka and if the Creepers who came out raw and pay.

Mr.D, Yale maved-That Mr R. I. Black have obviated popular misunderstanding, if the ber, ("No." It i-dated August, 1995, and Stewards had issued with their note of disquall-from the Board is rotation, be re-elected Direc a premium were in devole the time and money the Consul Genarest at Hankow stater that fication an explanation of the incident, inview of tora. Mr H. Malvill Simons seconded and the ordinary scavenger pig: they are of a special complained of took place within a fowlength of "the animats exparted were different from the the double swerve made by Marbles, The swerve motion was carried.

of the Yangtze river,"

Mr. Remnant-Will the right hon. gentle. man for the House 'ses a copy of the raport which he has received from the Consul?

Mr. Barat.- will read it to the hos. mem-

I am etc;

LOTTERY.

Messm Cooper Bros. and Co. Mesars W. G.

| agricultural population, ba will find that his breed, and they aru fed on tica în, the district the winging post and was soon clearly from the Browns and Co.'wers -sa-alected auditors and:

in China to acquite a koowledge of the langu age and customs and habits of the Chinese services will be much better appreciated than a knowledge of "Ina Venum" or "Inje Vab."

The differant Planters Associations might

do well to encourage Assistants of Estates

that in the prospectus upon which this company was formed the estimated output for 1910, according to Mr. J. A. Macgregor, was only Ma. Frederick Ellis writes in his weakly rubber

Stewards' Box. It is claimed that the swerve,

a vote of thanks was passed to the staff, "G 73,000lbs. The output to the end of March, share circular-After. a period of general

however unintentional, threw Spring Rose. 1910, wai 38,163lbs., as galust 8,413lbs for the weakness, coupled with a further severe drop

UNDER date Shaoghal, 5th inst, Mesars, out of his stride and caused him to lose the DESCENDING upon a trading settlement of same time inst year, which I think you will in prices of all stocks the rubber market closes to make a study of the Dainese language Wheelock & Co. write:Cargo to Europe, ground which would have placed him abead Northern Celeber, a band of Moro pirates regard as being emfcently satisfactory. The firm and signs of activity are apparent Most and we are sure that if sufficient inducement the Continent especially, is still plentiful bat of Marbles at the post. The popater idea that sacked, the place, killing severni Datch and quality of the rubber sent home by our mana of the sterling stocks suffered vast depreciations is offered, there would spring out a splendid to Americe it has fallen off somewhat during the complaint was lodged against a technical European traders, and carried away a larga ger, Mr. Gray, leaves little to be desired, and during the early part of the wook, but have class of Assistants whom the Chinese coolies the past fortnight and there seems to be breach merely on the part of Marbles thus amount of loot garnered from the tradery a reflects the greatest credit on himself and his recovered considerably during the past few would adore and obey and carry out instrac- momentary *' uil* lo export before the ten-falin to the ground, and it is only fair.so Spring cording to a cable received at Baguio on 6 staff. The following are the prices ob'ained by "days" with a further upward tendency. Bloge, tions as obediently as they would to their own sasson 'commences. Coswiss There has. Kosa's Jockey, Mr. C.-H. Borkill, to state that lost. The suddannest of the attack took the he company for its produce at the aucting sales, pore rates ard; more or less auchanged, but lordly countrymen potong held on the 5th last 45 cases at 1-8fd par Armer foaling prevails Park Hard Fine Rub A Chinese coolle has more conscience than writing, but this fa^rathor/ from a scarcity of obliged in lodge an objection. We regret that almost without a struggles A Datch

been very little dolog is this fine since last In the absence of the pony's owner he felt traders off their guard,, and they teare rout --ih,' a canes at 110 Bid, 4 canna'at 115, 6d, 3 cases bar fluctuated a good desi during the week, a Kling and will look better after his master's tonnage than want of demand as the liners are the name of Sir Paul Chater should have bean. Immediataly: pot off (”, parsait, ta hali

at 118 510, 4 cases at ios, sud y cases at on Bid baring dropped from 11/4 down jo 19/5, but in orest and it only requires a certain amount all fully engaged in their regular trades and given as the owner of Spring Rose, as we sounding the pirates on Manns perib. That last figure is for the lowest quality has since recovered and latest advice to bend of tace and a knowledge of his language to | there are practically no "outsiders left open learn that he has no longer any Interest in Mr. Relaförėsments have be of the rubber. We should hara heen very | piyan the price per ib, at 10/0 SD Jaak make him carry out kis orders,

sid in the

for trip-charter" A

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