1910-06-29 — Page 5

Hongkong Telegraph 港電新報 士蔑新聞 All

LEDBURY BSTATES.

THE HONGKONG TELEGRAPH WEDNESDAY JUNE 29 1910

prised that, with such inducements, men are tempted to desert their former employer 1 = 1 POSITION AND PROSPECTS OF THE COMPANY. am proud to be able to say that we have not,

BOARD'S POLICY.

so far, lost a single-man to another company, and I should like you to bear this loyalty of our stiff in mind when, fattar os at this meeting, you will be asked to vote a sum to bonus to employees' fund.”

:

Replying to a question the chairman said: It is probable we may make a call on January 1,1gu, but not before that, we do not need the money in the meantime,

Mr. Fulcher said he noticed in the profit and loss account that the proportion under Colonial expenses worked out at over 2s, dd, per 1b, of rubber collected. That seemed rather o high figure, and perhaps the chairman could give them some idea of what the figure would be next year. The price of the crop-78, 7d per 1b-was first rate, and at that rate the 15 4d, per lb, cost was not excessive; but should the price of rubbardrop it would be interesting to know what the cost would be grxt year and the following year. It would seam that a rather large proportion of the upkeep charges had been debited to, profit and loss account. The cost of tapping seemed rather low,

+

OPIUM IN BURMA.

PROHIBITION OUT of the QUESTION,

The 'Rangton Gazette in the course of an article on the above subject matter has these remarks on the special position in Barms —

The position of the Government is obviously- a difficult one." Frohibition would, of pecessity,

be a farce unless as part of a wider move- ment which would include China and the Straits Settlements. ·· Otbuwise the expense of maintaining a staff of officers large enough to prevent illicit trade would be an intolerable burden when added to the growing shortage of revenue. Everything depends on Chian and It would be unwise to attempt anything berculosn fill the net result of her activily becomes knowa, In any case there are many districts, such av those occupied by soma of the Shans and the wild Was, where our authority is still no slender that it would be

A PRACTICAL IMPOSSIBILITY","

COMMERCIAL.

19 June 19th, 3,00 pm) The following quotations for rubber shares, by whe, are supplied by Mesars, E. S. Kadooris

& Co.

even to suppress cultivation. Complete pro hibition, therefore, being out of the question, if the habit is recognised as utterly pernicious, the only alternativa method of stamping it out seems to be in an extension of the system of registra- tlon and a more careful checking of sales. It is not enough to say that no oplum shall be sold from licensed shops to unregistered Buimans if they can buy it at a slightly higher figate from pop-Bumans who are pot subjected to that.test.Universal:registration, of course; to be effective, would necessitate the creation of a much larger staff of officials for they would have to deal with the great host of Madratsl coolies and Chinese labourerS are sections of whom are cossamers to man. With a constant stream of immigrants the work would never be finished, and com-,...) plications, which would make evasion casy, would be almost certain to riset Accordingly it would appear that such a step would be bardly less impracticable than prohibition.

But there is

The first annual general meeting of share holders of the Ledbury Rubber Estates, Limit- ed; was bald in London, on May 30, Mr. An drew Mcllwraith presiding. In the course of his remarks as reported in ite Financier the the chairman said;-l«thlok we may con- gratulate ourselves on the very successful year's operations. The success is due to two Causes; firstly, the increased production over roof; and, secondly, the exceptional prices obtained. The amount of rubber marketed has. increased from 28,936 ibi, in 1905 to 65,181 lbs. for the year 1909 Prices for 1929 have baca very satisfactory averaging 74. 78. per ib. The price of fiae, hard Para on the day we *sold our first thipment was 5s 4fd. per lb., and on the day the last of the crop was realised Park was sold nt 11s. 6d. per ib. in looking back at the results of the working for the year 1908 of the many high-class plastation rubber companies, and noting the expressions of opinion by the highest authoritien in rubber,

Mr Barker said it was true that this year no one then could have foresego or anticipated the great increase le pijce That has takea rather more expenditure had been debited to reycuue. It was a good thing when they were piaca. I was particularly suack' at one meet- Jog, when listening to the remarks of one of getting the prices they were getting to do thi our greatest experts in the rabber, marker, Mr. as far as could be considered fair. It was their Devitt. He stated that he had orders of plantn- | policy while getting theka good prices to do all tion rubber for delivery or shipment up to the the work on the estates it was possible to do,en and of 19og at 53 74 per 1b. His views on the that when prices went dowd they" would have future were at that time looked uppa as some-

Fittie) to do (Hear, henr.) He could give no what optimistic, hat the resule bas far eclipsedidas est; what the expense would be this year, Even his anticipations.

They would have a larger crop to divide it into, and he thought the expenditure would be less Daxt year, and the year after it would be very considerably less, but we would not like to commit himself co what would actually happen Mr. Riog said that, with regard to the first goestion shat was asked about the calling up of inora capital, be as one of the original owners. when this was a private estate, and who had waited for years for a return on his capital, objected to any further call, unless the money was wasted, because it seemed to him that it would be a disadvantage, rather than an ad vantage, and instead of increasing the dividend it might reduce.

The chairman said the board would take the matter into consideration,

The resolution was carried unanimously, The chairman: moved: That a dividend paid on the called up capitatoa December of 171 per cent. less income tax, be 33, 1909; that the sum of £1,700 be transfer io restive account; that the sum of £1,000 be transferred to employees bonas fund, to be dealt with at the discretion of the directors and that a sum of £653 75. gd. ba canled forward.'

RUBBER PRICES

At the pressat time a shad is over the market. Whelter we have reached the top of the tree with regard to prices and are on. the downward.courte, he would be a wise man who could forecast. Rubber, like every other. article that enters largely into our manufactures, is amenable, to influences that operale when a price becomes abnormally high. These infiences will, sooner or later, turn the tide, and when that comes about we must be sathfied to see prices recede. The margin of profit on well-conducted plantations will still be quite sufficient to justify us in looking forward to satisfactory results. Your Mentors, think that there is no need to look for Roything

of a slump in prices, at any rate for some time to come they are of opinion that a lower level would be better for all concerned-manufacturers and growers alike --as tending to eliminate, or at least corail, the speculation which appears to have been sowen bat sampant of late. The profit and loss account shows a balance of £16,478 7, gd, and this, I think, is most satisfactory. Refer- ring shortly to the balance-sheet and profit and loss account for the your's operations: On the liability side" of the balance sheet the abare capital remains at £75.gno, the sundry creditors amount to Lobi 192, ad, and bills payable to £1,000. We have not thought it expedient during the first year to do mais than get the estates in good order by carefully weeding, the construction of denias and roads, inaugurating a practical system of dealing with "posts and diseases, and the erection of coolis

lincs, elc.

We have bad to contend in prac'ically til the estates with a semcity of coolies for some part of the year, but, as the organisation 'ex- tended, the labour difficulte his gradually lessened. As you will rea from the manager's reports, the combined ares under tapping to 1611 acres, which, as I have already stated, produced in 1958 8,956 lbs but under the impoved system of tapping and organisalon, we have increased the to 66,88 th, and the estimate aulpur for the current year is put down at 91,pro lbs Perhaps one of the most important events'abat

amonois

have taken place in this year's organisation is the arrangement made by. Mr. Barker for securing the services of Mr. Mitchell, the mycologist is Lunudiḥn Rübber Estates, and I am glad to say that Mr. Yitzbell has entered into this work with an enthusiasm which le vay gra dying indeed, · It is too:] early to speak of the results from the action wa have taken in this direction, but we anti cipate very beneficial results and improvement on the estates from the work undertaken at the fostigation and, under the superintendance of Mr. Mitchall, I beg to furmally movs the adoption of the report and acçoools.

MR. DALKER'S REPORT.

|

|

BONUS FUND..

served for alloiment to employees and when those were exhausted, in such securi- ties as the trustees might think, fit,Un der the scheme provision was made for an annual allowance alter to years' service, and. an increased allowance after 15 years' service He assured them that the scheme, for which they asked them to grant £1,000, and for which they proposed to ask them annually to grant sm.ll portion of their profits, was of iofinits value to themselves in securing a loyal and contented staff.

a

ANOTHER ASPECT OF THE CASE. it has not yet been proved that it is desirable to suppress the trade altogether. Opium, like alcohol, when taken in moderation, does nobody any great harm. In some cases it is' argued, not to put it too strongly, that it does good. Certainly no evil efects are traceable to it among the Chinese Rangoon, Soldiers and coolier cften take it in small quantities as a matter of principle. The same may be aid of Shans who believe in its virluas as a before the Royal Commission Sir George Scott prophylactic agniust lever. In his evidence aid that he kuce of no evil effects due from it and that "to deprive the than and the hillman of opium would be to put him to death. To forbid him to grow the pippy would be to court defince and revolt, it would be con: trary to all the

4

Allagas

Anglo-Javaş

Anglo-Malays.

Balgownies.....umqqərəaraszekrés

Batu Tigas materian.. Bertam score Bukit Kajangs (pp.) Dakit Rajabs

6/9

TL 18

29/3

zésnos' ***,

Carey Unitedstid 27/6 prem. Castlefields

130/-.

Changkat Serdang Cheras ammia$to

Damansarast72f6. Eastern international■ ......33/- prem. Fed. Selangors maininnuta Glendalys av p.53 Glenshlels

13-

Golcondas.................................135/-. Golden Hopes...mais assssoiano Highlands and Lowlands' .............. fadragiris..........itunesim inch Kanneth.................. laquias

longlandore...DONAU Kamonings.... 8/3 prem. Kuala Lumpers gemanimad97/5, Lanadrons (fully pild) Lauadrons (ppd.).

Ledbarys.................................... 91/6

London" Asiatics.................................................................16/6.. Loudon Vantura ea7|- Merlimaast

Jakong,

Pajas „...........................$ (6) Pegobs ..........$43 Rubber Trusts' ............................46) prem.

Sandycrafts' ...«stomiza

$40 Sipongsaçtıra veckoran) campiónaí me Stafeldeketa 19

vitrines 35/-'prem. Shelfords..........misioni 761- Singapore & Jebotes... $20 Sumatra Paras agendintas aus13/~ Sangal Choha.............................. 115- Sungai Kapare 1816 Tandjong....... Tangkaks... Toerangie - prem. nom, Chu Read

55/-prem.

261. prem.

United Serdangi minun om136- United Singapores

..52 United Sumatrı ....

..........11/3. United Langkats

,

Para Rubber

To-day's Advertisements.

NOTICE

HE SALE OF FURNITURE adventized Thor To-day at 230 p.m. is POST- PONED mail. TÓ-MORROW, the goth Inst.," rat 230 P.M.

HUGHES & HOUGH,

[461 Hongkong, 29th Juna, 1919,

NORDDEUTSCHER LLOYD, BREMEN, IMPERIAL GERMAN MAIL LINE.

Auctioneers. 1.

FOR SHANGHAI, NAGASAKI, KOBE

AND YOKOHAMA.

“HE Imperial German Mail Steamship' THE

LUETZOW" Captain W. Bartling, will leave for the above places TO-MORROW," the goth, instant, ‘at

TOA, M.

For further Particulars, apply to ...

NORDDEUTSCHER LLOYD,

MELCHERS & Co., General Agents.

Hongkong, 29th Juna, 1910.

NORDDEUTSCHER LLOYD, BREMEN,

IMPERIAL GERMAN MAIL, LINE ·

FOR EUROPE, (via Ports of Oall).

THE Steamship

"YORGK,"

Captain J. Raudermans, will leave for the above places (from the Company's Buoy), TO-- MORROW, the goth instant, at to AM.

· For further particulars, apply to

NORDDEUTSCHER`LLOYD,

MELOHERS & Co. General Agents,

Hongkong, 29th June, rgio.

FROM EUROPE.

THE H. A. L. Steamship

#MECKLENBURG," Captain Malchow, having arrived, Oon signees of Cargo are hereby informed that their goods are being landed and placed at their risk in the hazardous and/or extra- hazardous Godowns of the Hongkong and Kowloon Wharf" and Godown". Company, Limited, whence delivery may be obtained against Bill-of-Lading countersignad by the Undersigned.

Optional Cargo will be carried on unless no. tice to the contrary be given before TO-DAY. All Clams must be presented within son days of the steamer's arrival hare, after which date they cannot be recognised.

No Claims will be admitted after the Goods have left the Godowns, and all Goods remain- ing undelivered after the 5th prox, will be subject to rent.

10/- per lb. Pigoh Co has declared a dividend of 75 copli per sbarC.

All brukes, chafod, and damaged Goods are Pajam Co. has declared a dividend of 15 to be left in the Godowas, where they will be centi per share,

Transfer Banks cineon 15th July.

—— IID-AUGBAR-BOOM:

INTERESTING-OPINIONS· EXPRESSED UY

MH. PATRICK GOW,

The rubber-boom, said Mr. Gow, bád ko origin in a way is ke American troubler of

examined on the 4th prox, at 3 PM,

No Fire Insurance will be effected by us in any case whatever,

THIS STEAMER BRIKOB ON, CARGO — Ex, Sonic, from Setubal,

Ex 11 Holar İrom Copenhagen. Ex 1.8. Germania & Hamburg trom Go:eborg Ex .. Bephora Wornes, from Bordeaux."

HAMBURG-AMERIKA LINIE, Hongkong Office." Hongkong, 29th June, 1910.

[461

·

TRADITIONS OF BRITISH RULE, Mr. Barker explained that a scheme bad been drawn up, under which such sumi asrulblessly and at a single blow, at the they might from time to time vete to the behest of sentiment rather than science, to bonus, fund would be invested by trustees outrage a people by depriving them of an for the sole benefi of employees, in the first article which they have seldom abused and instance, in taking up the 5,000 starox.100"

have come to regard as a necessity. With the Burman proper things may be different. If as is the cain in Arakan, he is clearly dega. norating morally and physically under a per-

The current issue alihe Rudder World con- pickus habit, something ought to be done. Bat. care must be taken that prohibition, iftains an interview with Mr. Patrick Gow, from

which we take the following:- deemed practicable, does not drive him to something worse. There are other drugs than opium which undoubtedly do more harm to Asiatics, and unfortunately the suppression 1957-8, when the pries of rubber was knocked of opium is invariably followed by illicit traffic, down to as low as 20, pd. per lb.. "At that price ance, which hads a steadily Increasing mar is those poltons. Such as cocaine, for inst manufacturers began to put more rubber lala compounds, which led to an increased demsed. ket. Then there is alcohol. No useful pur.no longer paid to use large quantition of pose is served by refusing opium to the Bereclaimed rubber when pure rubber could be man if you encourage him to drink. Are we

had so cheap, When stocks bad been reduced prepared to prohibit the consumption of alcohol to practically nothing, there came a sudden

The Minister. for the Colonies said that ha as well as opium (hroughout the province? If bunt of activity in the motor trade, and an

ot, it might well appear to the native of the astonishing increase in the number of power recogaised that certain measures were naces- coparry that he was merely being asked to schemes, such as the Victoria Falls, in Affen.sary in the case of aitates bolonging to foreign- give up

Ameilca, the East, and indeed all over the ers and promised to give the matter his atten- world. The electrical industries called for n | tion.—Restr." much larger production of rubbar, with which, the slowly increasing world's supply, was ca.. able to cope.

The resolution was carried unaalmausly, Sir Charles Forrest moved!-That the appointment of Mr. S. Leonard Hunt as a dicer of the company he confirmed. He

remarked bat during Mr. Harker's absence

aboad the services of . Hunt ware largely given towards the interests of the company,

and with great advantage to it...".

Mr. T. Pears: I have very great pleasure lo secording that resolution, and in bearing out all that has beep mid,

Į

The resolution was carried obavimously. On the motion of the chairman, seconded by Mr. S. L. Bust, Sir Charles Forrest was re-elected a director; and motion of Mr. H. C. Koowls, seconded by Mr. T.H. Wilson, Mesure Fitzpatrick, Graham, Greer wood and Co., char tered acconotauis, were appointed auditors 10 the company at a remuneration of a guirea,

The proceerting the terminated,

ASINGAPORE SHARE MARKET.

#

Mr. Barker, in seconding the resolution, said: We entered into passession on January Jet, 1909, 4 went out in December, 19 8, to superintend the taking over and to lay

FRASER AND CO'S CIRCULAR.' 'down the lices of the first yazılı working. I

There has been little change is the market bave just returned from a second visit to the during the past week-the same dulness, to estates, and am glad to be able to tell

which we refered in our last chcular, having you that the instructions I gave have been

continued. At the clora, however, there is a loyally carried out, and I am sure that, no firmer 1000 apparent-more assuring news of one who saw the estates at the end of 1008 sterling rubber shares being contained in this and at the end of 1903 would recogolie them morning's telegrams from London, as the same. Allika 'coffes has been cut out, Rubber-Daly very small dealings have as recommended by Mr. Harvey; the estates taken place in sterling shares doring the week, have been thoroughly clean weeded, roads and lical shares have also been extremely ́and' drains have been put in, buildings have quiet. Duffs have remained steady round is been erected or are in course of erection, and Meilimau bava.buyers at 78, 1id, Vallam great progress has beep mada with freeing brosas aro quoted at 535. 34. and Highlands as the land from dead wood and stumps—a course £5195.. Golden Lopes have been done at

•to which Hevea in liable has proved to be 6 18s 6d, Slalangs at 28s od premium and desirable. During my recent visit I have boon Bukit Kajangs folly paid bave changed, bands able to fix up satisfactory agreements with ́a' at 651. Gloocalys have been done at $3, Sing kofficicat permanent staff to ensure continuity' 'gapore and Jobojes at $18, and Balgowdios at of working, and that has been no light task. 1° | Sig. : doubt if all of you recognise the difficulties Mines-With the exception of a few which the directors of the older rabber Rahman Hydraulics that have changed bands companies have to contend with at present on this question of staff. You are aware that companies have been firated at so many week on this side, and no doubt know that a fargo number have also been floated in Slogapore and h nghai; but has it ever occurred to you where the managers and sexist Rats for these brous companies to to come from? Well I can tell you that junior assistante, on $100 or $150 per month, are be- Log offered Stop or $850 a month, with in some

AN ASIATIC PRODUCT

for one that came from Europa. Human nature is such that the man who is beat on. elimulante will have them so long as science |can give them, and the law does not prevent him. It it can be proved that opium zava

orvos any useful purpose, and that its usb can be safely prohibited, then a good thing will have been done. But Darms and fadia are in.

capable of accomplishing that unaided. The co-operationofChion pari puu must be assured, and under the circumstances no better motto could be adapted than Mr Asquith's "Walt and sea.":

WHAT IS MALARIA,

ja meny instances, manufacturers who sued to male cheap articles have found it impos sible to turn them out any longer at a proft, Norure motor-cars and power schemas and 10 on likely to decrease in number." Take taxi- cabs as an instance, Each cab will require one or more suits of tyres per year. The mưa, fact of putting a taxicab on``tha strests does not dispose of the demand for rubber in regard to that cab. It has been stated by one who set up for being an sutborly on there' matters" that the number of motor-care to be construct». ed in the United States during the current your will be at least 100,000. That mesos bail·K. milión tyres as a minimum for America alone. Hepce the demand for subber in likely to ba |gréster than ever. Last year the total culpat of rubber was, say, about 71,000 tons, and i de pot anticipate that this year's output will much exceed, if it touches 78,000 tons.

Dr. Malcolm Watson gays a very interesting feciors at Kuala Lumpur the other day. From ha fall repart in the Malay Mail we quote bit section-Malorin is cot always a disease characterised by high temperatures. After a time a person may suffer from malaria and only have parasites in his blood, but no high temperature. Be is gradually, becoming im

How is it that wild tabber:fetches -a'bigbar mune. While a person is acquiring this im. price than plantation i asked the interviewer. mualty, he is in a low site of health, and

That is an entire mistake. For example is attacked by the many microbes which surround you may see from out chart of prices from Jan- him and which cannot affect him, whiền, ia | này, 1906, to December, 1999, the price of fine health, he succumbs to Incidental disease-Eke bari Para in July, 1996, was s., the avangeTM abscess, bowel diseases, etc. People are price of plantation robber in the auctions in the constantly admitted to hospitals, with such Kami fortnight was 31. 8d.,' whilst the fictat disaates, and they have no symptoms of plantation sold for g. 9åd. · Agaio, la Sapum- "fever," and it is only by microscopic exami|ber, 1997, just on the eve of the Gnancial nation of the blood that the real cause of the celsie în America, fra haid Para had fallen disease can be discovered and, of coulse, any less the real cause is treated, the patient dies, It takes native children about 6 to 10 years to

JAVAN PRIVATE ESTATES.

RIGHTS REVERT TO STATE, -

London, June 33rd.

A telegram from the Hague states that the Chamber has passed the Bill providing for the reversion of sovereign rights in certain private estates in Java to the State.

Events Coming.

Saturday, zod July.

Boxing, City Hall,

Monday, 4th July:

Hongkong Ics Co, extraordinary meeting,

bood.

Intimations.

CHEESE

MILD CANADIAN STILTON

00 cents per lb.

THE

DAIRY FARM CO.,

ATTED

The "ASAKI" Drawayin altused'nuár

the "SUITA SPRINOS." "These Calibratod waters men vasd in the, manufacture car beers.

Puritylgumisiltad♫ Pete Price List “ASAHI" & "SAPPORO

Beer,

per case 4 dos gtaj"

($12.00

par case & doi, pH.

$13.50

· To be obtained at all Rataliers.)

NOTICE

`R. LI HON FAN, a Chinois graduate..

Mersed in literature, has been a teacher

to European officials and marchants' in thin Colony for over fan years.

Ha has a good method of training Euro- peans to pass in the Quiness examination, and is posseised of a first rate certificate as a Chinese teacher.' He has also a good know- ledge of Mandarin.

Those who intend feurolog the Chinese, language are requested to write care of Honghong Telegraph office or direct to 17. Hollywood Road, and door.

Hongkong, ini January, 1010

HUNG ON &· 00., SHOW ROOM AND STORE

at the Promises formarly occupied by A CHEE & Co.,

174, QUEEN'S ROAD CENTRAL..

GENERAL UPHOLSTERERS AND FURNITURE

IMPORTERS AND DEALERS,

ROOKERY, Cotlery, Electro and· Silver Plated, Glass and Iron' Warns of all descriptions, always on hied, for sale or os | hire at moderate rates.

Hongkong, 1st June, 1910.

...

THE "HINA' PROVIDENT

[413

LOAN AND MORTGAGE 00, LD.

500

(GEIZA FARD DF Loast on Mortgage af House Property, Goods received on Storiga. -Advancis made on Merchandise.

Loans made on the Providas! #i petant.

(Rates and Particulars in Agadication

THE OFFICE DY TRUSTEE, XXEOUTOR OF WILLS,

ATTORNEY, SCANN Undertakan and Executed.

SHEWAN, TOMES & CO.

General Managers. Hongkong, foth March, 1908...

JAPANESE MASSAGE,”

Masseur MEIJI SHA,

GRADUATE OF

KOBE MESSAGE*SCHOOL. ATTENDANCE AT · PATIENTS' ` RHIDENCE.

No. 171, WANGHAI · ROAD, GROUND FLO03.

Hongkong, 10th January, 1910.

THE CONNOISSEURS' CHOICE.

CONT "Boar's Head" Brand Guin-

ness' Stout.

KADE

7.8.HALL & CR

MARIA

THE BOAR'S HEAD BRAND

ALE & STOUL

"Boar's Head" Brand is admittedly the best

to 41. 48d, the average price of all grader of Brand of Guinness Stout on the Market.

at Sio, this section of the market has been become immune. The amount of malaria 34 The position wben.rubber touched its

atterly neglected. Trraobs have dropped to $175, and Raubs are on offer at 55.5.

| General.—Straks Traders are offering at 559, and a faw Howarıb Eraktines have been sold at $60. Riley Haygienvas ain wanted at $77,50 with sellers at $85.

plantation rubber sold at the same timo vas 4 d., but the finest plantation fetched is.

which is lnfected by a muquito varles nor of those interested in plantation compar lowest was, avon. better from the point of view

mously in emount, and it it obviously worse to" "sbues. In February, 1908, when fine hard | get frank isjection every sight. It is in these places that galaris is most suvern. If ons gets only a small dose once and is not subject to farther infection, the discsts will probably die où, in about three months, of sheer old age, although there are instances of extraordinary longevity of a single strain. This idea of the of great importanca practically Ball quantifimi isjected occasionally Toad to in munity, whļie bevure lojscions are apt to lead to deside

A HURRICawk swapi over Tonkin in the dis. trics adjoining the Chlaess frontier on Juna giganttive nature of malaria Infections is one Great damage was done to house property, tions was killed and about want)

«'a commission sided, to pa an MALAPETE THATSTORE WE

Par was standing at 29. gd., the, averrga price for plantation of all graden was as 1073ajthm Best plantation realising 30 56. On, the top of the risa: in 1909, then flas band -Para was fatching the average price of plantation robber was 81, 3d, whilst the finest plantation chod g. 81d. And the position is much ike sant to-day. The wild-mubber advocates late the price of the inferior with the best plantation, parks as swarge and then contrast it, with that fetched by the base Fires Fat bow agaleat best (sai plantation' prion come out seuls Kua

Unexcelled in quality and condition.

SOLE AGENTS:

H. PRICE AND COMPANY LTD.,

No. 295

12, Quem's Road Central,

HONGKONG.

Page 5Page 6

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