PLANTATION RUBBER.
PRESENT POSITION AND FUTURE PROSPECTS.
THE HONGKONG TELEGRAPH THURSDAY JULY 7 1910
production of cultivated rubber. Tumleg to the world's visible supply, in 1906 there wers" 3, 1007 4,733 10ns, in 1908 6,313 tons, in 1900 there wara 4,309 tons and in 1910 In the course of a long speech, at the first there were 4,765 tone. From these figures, ap ordinary general meeting of the Rubber Planta.parently, the visible supplica at the present tions Investment Trout, Limited, held at the Cannon Stresi Hotal, EC., on the 8th ult, Mr. Obasies Artbur Lampard (the chairman of the company) ramiskeḍ:-
During my arece in the East I understand that the public interest in rubber bas-at least, In some degres taken a definite shapo, but also think, from what I have seen since dra. lumn, that inducoses are and bave been at work with the object of diverting public allen. tion, because the attention which has been centred upon the subject of cultivated rubber has been inimical to other markets of the Stock Exchange. Many people who have made money out of rubber have been induced to take their profits with the object of re-invent. ing them in pradicted booms in other things, which I cannot help thinking are largely manu factured for the occasion (Hear, hear) but I would point out for your consideration that the chances which exist in cultivated rubber are. chances which exist certainly only once in a hundred years, and very likely, I think I should be perfety true in saying, once ip a thousand Years; The causes which have brought this About have been apparent to those of us who have studied this question closely for the few years. We have out ourselves created the
DEMAND FOR RUBBER;
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PERUVIAN AMAZON.
FORMER HONGKONG COLONEL ON COMMIS
SION TO INQUIRE INTO ALLEGATIONS;"
Mr. H. L. Gielgud, secretary and manager of the Peruvian Amazon Company, Limited, Salisbury House, E. O., forwards a letter which | has been spt on behalf of his company to the Väder Secretary for Affairs with reference to the allegations as to ctuelles practised on the natives in the Putomaye district.
Today's Advertisement.
EASTERN AND AUSTRALIAN STEAM- SHIP COMPANY, LIMITED.
FOR SYDNEY AND MELBOURNE, (Calling" at Qumpsland Ports, sul taking through Cargo to Adolalde, Néw Zealand, Tasmania, &')
"THE Steamship
"ALDENHAM,"
formint are about 456 tous akoad of the visible supplies last year, but thein are 1,548 tous les than in 1908. But I think there is a very le por actibing that we have got to take In con: nection with that figures before we jump to cocclusions, and that is, what is the position of the invisible supply of rubber? I think it is
The letter refers to minutes of the directors Captain St. John George, will be despatched as Generally conceded that the stocks, both of raw meetings at various dates, showing that, com above on TUESDAY, the 15th July, at 10 AM. rubber and manufactured goods, in the man mencing on 17 Feb., 1909, 8.Commissica WL This well-known Steamer is especially fitted facturers' bands in America bave never been being prepared to proceed to the Putumayo for Passengers, and-ban a Refrigerating Cham lower than they are at the present time, and district to report on the possibilities ofhimber which ensures the supply of Fresh Provi.
sions, Ice, &c, throughout the voyage. am galte surr, if we could get reliable statisticsmercial development of the properties
- -- The Steamer is installed throughout with the of the position of this invisible-supply, you company and also to inquire into the p
Electric Light.⠀ . would find that the amount of rubber at the relations between the pative employees disposal of the world to-day was lower than it the agents of the company. ever had been at day previous time in the history of this teds. (Hear, hear) And what s true of Americs is also true of the manufac tures in this country, and of the rest of the coustries that we it.
I
This commission, it is now stated, will'loave England shortly, and will be composed of Col. the Hon. Reginald Berila, C.D.) late command. log Royal Welsh Fusiliers, and one of the directors of the Peruvian Amazon Company, Mr. H. L. Gielgud; secretary and manager of the Perurian Amazon Company, and one or two oiber members, as may be suggested.
- -
The letter proceeds: "My directors 'desire ma púce more to siate amphatically ́that they are in absolute accord with the very clear denial given by the representative of the Pera- vian Government in London, in his letter to the editor of "Truck,' dated' ag- Sept. 1909, in regard to the atrocious allegations made against the agents of the company on ita Putumayo OSTAICS,"
+
U
ATTEMPT TO DEPRESS FRICES, The high prices naturally, apart from the facial side of it, have dictated a policy of dealing from hand-to-mouth, both in regard to thela cuds rubber and bolding of their moon. factured goods, but if the increase in the cop- sumption of rubber is going on in the way wà believe it is they have got to come in. They bave been trying-it is quite a logitimate thing for them to do-ta deprens the prices in the we bøye simply, realised that the demand was market. Their attitude, as I read it, is * Do not Inevitable, and we have legislated to meet it as touch the spot stock-it is a very small amount atan as" possible" when it did came. A lewal aby rate. If we can depress the spot stock we của buy thoseands of tony forward for next years ago all the subder which was placed at
year," It is quite reasonable if 'it comes off. the disposal of the world was collected from (Laughter.) But there is one significant thing the forests of South America and Africa, that occurs to me, and, that is that out in from trees and vines ploted by natire. Thehe East where the transactions are not so pparent as in European markets, we are get- helmethods of collection wore bath crude and ting a far higher price for rubber to-day than difficult, and the expens? was very great. By we are in London. That looks as if some of the destruction of countless numbers of trees, the American and Continental people are not these difficulties and this expecse bave inquite satisfied with this attempt to depress created, Tao amount of rubber to produced prices in London so they are having a bit on
their own quietly," (Laughter.) wit not even at that time suillient really
ESTIMATES OF RUBBER-REQUIRED for the world's req sirements, such as footwear,
From an article in the "Times,” which I electrical purposes, and all those other der read on my way home, I see that the estimate mands which fail, on crade rubber; bui, sud-of the consumption of subber in 19to for dealy, au cotitaly.new, industry sprang up-as motor-cars alone is 35,000 tons. I have made -industry to which rubber was absolutely vital inquiries about this and it is genaraily conceded to be correct. Well, I also see that the output not only on its wheels, but in its machinery of new cars estimated for next year is 300,000 and on its floors; and we hel évéd-those of us
to the States alone. If you allow 15 lbs, of who have studied this question-that this mo- rubber per car, that means another 1,810 to dern method of fraction would entirely super.ond tons of rubber, and that is putting down above referred to, as they have already given law estimate of what a car, from my own experi-to the representatives of the compray ja la enco, will use jua year. If they are going to use quitos and Futumayo,* for motor-catione $5,000 tons of rubbar, The directors ask for permission to publish which is rare more thyer alan which the whole correspondence with ito Forego duction, how can the other demands fall
|
on rubber be satisfied without an advance ia
price? Rubber contracts in the East bave been
With regard to the Foreign Office notifica tion that the Goverment is taking diplomatic action with a view to investigating the charges, the letler says that the director foal that they cannot in any way interfere with the action of the Government of Peru, who have already in- terested themselves in the matter. An order to the Iquitos office of the company asking för | a judicial inquiry into the accusations had been given by a member of the board immediately on receiving the first intimation of the allega.. tions.
**My-directors, in their desire that more light may be thrown on the matter, and that abuso, if they exist, may be done away with, will give very clear and deficito in atractions to the members of the commision,
Office.
The Moring Leador" has also received
sedo all others, and would eliminate horses in due courted, im, our streets, thereby contribut log enormously to the health of our great cities, This developmeni, however, could only take place if there was sufficient rubber to meet the inevitable demand to shine the cars, and
made forward for so on the basis of B, for from the company a copy of the correspondence | therefore we in the Middle East set out
1912 on the basis of, ge and for 1941, on'n "busi to legislate for this demand, by creating planta-varying up to sis. That shows that the manute'ween its solicitors and (he. Deats of Hero facturers who, or keeping their eyes on the ford, in which the dena expresses bis regret al future position, do not themselves lank for any a statement made at a Cixton Hall meeting in great drop during that period in crude rubber." referes o to the treatment of natives by em.
PERFECTLY SATISFIED WITH THE FUTURE.
playees of the company, and states that be wai From all bive said so far, I think you can misiufmed. gather that i am perfectly satisfied in my own mind as to the future of cultivated rubber, with this proviso, i at coltivated subber, or the
tions; and by so doing we claim to have done the world
& VERY GREAT SEJ VICE We have certainly done the motor industry a vary great service, and I believe we have doue A Very great service to the world in general, The differance that has taken place since the Inauguration of the motor industry in the Eastmanagement of rubber estates, is basinca
has been anaimonis. Speaking from my own personal experience, I have been able to do recently is a week what, if i had bad to use aborie, or, as is very frequently the case, a bullock ghani, would have taken me months and I, believe that, in return for that service, As is always the case when the world's da z and la catered for, and catered for in the right way, the world is prepaired to pay those people who do it an adequate remuneration,
PRICE OF RUBBER.
|
like everything else, it requires training und experience, and that can only be got by the price we all have to pay for that sort of thing, by work in the tropics, and I am perfectly certain. that compables which are formed by men who have not got this experience, are more or leis domed to failure, just as every other business which la run by net' who do not understand ] it will fail. There cultivated rubber estates must be properly capitalised, properly man aged, properly organised in every shape and form, and then thato is practically no source idhich money at the present moment can be employed so profitably. But if the knowledge In my sprach of January 14th, 1909, after and experience is absent, it is not so. This is quoilag some figures, i expressed the opinion especially true of those companies which are then that the consumption of rubber would formed for the parpots of collecting wild rab bér. As the very best, in my opinion, the absorb both the output of wild rubber and success of "liT companies formed for collection cultivated rubbor without any grase deprecisof wild rubber can only be temporary, and tion in price. What I exactly said the was many of them are doomed to failure from the The colisis difculties both of "If you take two of the industries which are very start. practically the largest users of apbbers labour and transit ate too great to be over- like electricity and motor traction, I think that anyone can come
HIGH COST OF LIVING. both other, conclusion than that - these industries, large as they may be to-day.
The New Hask Herald says: "While the as yet are only in their infa scy, and that, there most eminent ecoarmists throughout the world fore, the lacreased consumption on this ratio is are investigating the advance is prices of com going forward and is not going to stop. And modities, and particularly the necessarios of if that is so--and that is what most of us best addising about the causes a commis
sion appointed by the Législature of Massa- lieved when we went into the cultivated robber chosetts wettles the whole matter is a report business-the world's consumption will absorb of 7co printed pager. all the cultivated rubber that we are going to
apy
do
10
put out without interfering with the prescat output from the rest of the world, and without our having to stcrifice any material portion of our-prefijs," it is a"
DANGEROUS zhing to fROPHESY
come.
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THE CATCH OF THE SEASON.
FISHING EXTRAORDINARY.
Had old Iriak Walton, complete angler and all, beo on the shores of the Whatgps of Sunday he would donbiless hive raised his bands in antrament at what he then saw, ELJ1 the Shinghai Mercury of 28th ult. A party pl Shangbai men were angling from a yacht, and the old disciple of rod and line could not bu have been astounded by seeing one of them book, bol'a fisk, but a pelican. The circum stances of the occurrence are of the mont extraordinary nature, for not only was the bird hooked in this way, but was hauled abosid, and now lies in the Shanghal Museum waidog to be staffed.
On Bunday morning Mr. Ü. H. Butherfora's yacht the Haven was lying at anchor on the Seven Mile Reich, A skong tide was running
& Stewardess and a duly, qualified Surgeon
are carried.
N.B. To assure the addlitonal comfort of passengers the steamers of the Company hava šlectric fans Otted in stateroom.
་ ་༽ For Freight or Passage, apply to
** GIBB, LIVINGSTON, & Co.,
Agents.
[464 Hongkong, 7.b Joly, 1910.
COMMERCIAL
July 7th, 3.05 p.m. The following quotations for rabber shares, by wire, are supplied by Mosers, E. S. Kadourie & Co.
Alla,ar... Anglo-Javas
Anglo-Malays und Balgownies.......
Bertams
Th, 18
..29). 19
Bukit-Kajangs (pp.) minusta... Bukit Rajahs
Carey United....................................23/» prem. Castlefields.......................125} Changkat Serdangs
Oberas „.........en mittemmin$10 Damansara ..............................175)+ Eastern Infernationals........ža/ó prem. Fed. Selangors (2
Glencales............................$3
Glenshia's
Golcondas......... Golden Hopes...iones' numaisia Highlands and Lowlands ../139/6 Indragiris......
$30
Inch Kebaetha
Jequies...
Jonglanders aamunan • anna Kamunings
8/3 prem
Kuala Lumpor
Lanadrons (fully paid), Lanadrons (ppd.)
Ledbury...........its ungene...91f6
London Aviatica.......36. London Ventures.... ........á.7}" ̧ Merlimans....................................
Pajamas .....................şastasın Pegoba ..........ərin dəstək yem$43. Rubber Trusts 42/6 prem,
Sandycrofts
་་་་་་་་་་་
Sapongs einninnedom
Seafield.2017))+(
330/+
Sakong O 40f; prem. Shelfords....a
Singapore & Johares
To-day's Advertisements.
"SHIRE" LINE OF STEAMERS,
LIMITED.
FOR LONDON, ROTTERDAM, AND
ANTWERP.
THE Steamship
"PEMBROKESHIRE," Captain Hayes, will be despatched as above about 13th July
for first class passengers at cheap rates, being This steamer bus superior accommodation sued throughout with Electric Light-and- Electric Fan in State Rooms and Saloon.
For Freight or Passaro, apply to
JARDINE, MATHESON 00., LTD., "Agents,TM -Hongkong, 7th July, 1910,
[463 *INDRA* LINE OF STEAMERS, LIMITED.
FOR NEW YORK VIA SUEZ CANAL.
THE Steamshly
THE
"INDRADEO,"
Captain W. Hi Lan, will be despatched as above about zand inst
This steamer has: supatior accommodation for a limited number of fett clasa passangers,
For Freight or Passago, apply to
Intimations.
CHEESE
MILD CANADIAN STILTON
60 cents per lb."
THE
"DAIRY FARM 00.
LIMITED.
The “ASAH!“ Bewwiry la situated nost
Viško "SVITA SPRINGS”.
Them Calibrated waters are used in tha mmufactura.
Purity guaranteed.
JARDINE, MATHESON & CO, LD3 | our brai
Agants. Hongkong. 7th July, zgło,
*1472
NIPPON YUSEN KAISHA.
NOTICE TO CONSIGNEES.
FROM EUROPE, COLOMBO AND STRAITS.
THE Company's Steamship
“ATSUTA MARU," having arrived from the above. porte-Con. signees of Cargo are bereby informed that their 'Goods are being landed and placed at their risk in the Hongkong and Kowloon Wharf and Godown Company's Godowns at Kow- loon, where anch coasigamant will be sorted out mark by mark and delivery can be obtained as soon as the Goods are landed.
Optional Gooda will be carried op unler Instructions are given to the contrary before Noop, to-day.
Goods not cleared by the rath july, will be subject to rent.
No Firé fusumance has been effected. Damaged packages must be left in the Godowns for examination by the Consignee's and the Co's representatives at appointed bour. All claims must be presented within too days of the steamer's arrival hero, after which date they canbot be recognised, No. claims will be admitied after the goods have left the Godowns,
NIPPON YUSEN KAISHA. Hongkong, 7th July, 1910,
TO-NIGHT!
Nots Price Liati
*ASAHF" & "BAPPORO
Bear,
per case 4 dos, que $12.00
(per case & dos, plan $18.00
To be obtained at all Rumailers.)
JAPANESE MASSAGE.
Mamer MEIJI SHA,
GRADUATE OF
KOBE MESSAGE SCHOOL.
ATTENDANCE AT PATIENTS' DESIDENCE No. 171, WANOHAI ROAD, GROUND FLOOR. fs-Hongkong, 10th January, 1910.
TO-NIGHT 11
THE HIPPODROME
CIRCUS AND MENAGERIE.
K. BYSŁCK, Proprietor and Manager,
.77/6
DOORS OPEN AT 8 PM.
..520
COME AND SEE
.115/1
Sumatra Parar - samo Sangel Chobs ............................................. Sungei Kapara Tandjong......mm 55/-prem. Tangkaks,ina... .......................25)- prem. Toarangis....+cuiusap -
..aj. prem. Ula Kanu
SUCCESS I
THE MARVELLOUS CARPI BROTHERS | Miss MARIE --
Head to Head and Hand to Hand
Balancers.
THE ORIOLS
Aerial GympaEIS..
ROCOOO
The Funniest of Glowas,
31/3.
United Langkats om intemp
United Serdangs...$37/- United Singapores.$1 United Sumatra
Park Rubber 4...... are, born.10/i pat lb.
OVERTURE 8.80 P.M.
SUCCESS!
A Dashing Equestrienge.
Ming ZELIATM
and Kar Magnificent School Horse. Miu ASHBY
**Queen of Music and A Host of Beililant
Performers.
Box Plan at ROBINSON PIANO CO, LTD.
MATINEES:
and one of the party on board was "spioning" ANOTHER BONGKUNG-BOYCOTT, Every Wednesday and Saturday, at 4.00 p.m.
STAM RICE UNDER BAN.
The Bangkit Daily Mail says :—Some of the local firms bere have received telegrams from Hongkong in discontinus shipments to Hongkong as buyers were boycotting shipment
from Bangkok.'
(to use as dogling expression). A lion was out over the stern and at the end was a spod bait, a favourite implement of the fisher for booking the larger fish: Towards elevoo o'clock a pelican was seen making its way along shore, ever and son ducking for fib, and suddenly it made a grab at the bait and gobbled it. Next moment it tried
"The rensan is said to be a Cantonese Bojcont co free itself from the line but the hooks "It declares that the primary cause is the held fast, and those on bald secing its fatile against Simese sice but this has not been do increase in the supply of gold, which has rg, daced the purchasing power of money. The struggle to get away, hauled in coprider Boitely ascertained as yet. phenomenat lecrease in the output of the yeable distance of line was out, in fact the fisting should boycott rice from any country just now.
It seems very queer that the Castones low metal in the last dizin years is a matter of tackle was tied to the lead line, and when there is a great scarcity of sice in that dis- brought on board the bird bad been so badly trick. Only a few days ago telegfimi ware docked that very litle life remained: Attempu
record but it is not easy to define jost what part it has played in the universal rise in prices, As the Journal of Commerce' remarks, the
connection with the premises.".
Children under ca Half-prico to Matiness only, Special trams run after the Performance every night. ́Soldiers and Sailors in uniform : Sulis, 30 cts; Second Class, so eta, j
S. O. ABELL,
7. RO35, Director.
Press Repressstativa,
·Hongkong 7th July, igra,
A. JACKSON,
Representative.
[465
CLUB WHISKY.
.unless you know, but I believed at the time report of the Massachusetts commission, is he were made to remove the hook and keep.the received stating that 1,300,000 taels-had boen "bat I spoko that I did know. Dusing the aftrepeved lacy of "post hoc ergo propter p:lican alive, but these proved unavailing and collected in the province of Kwanglung fɩr} year previous to that speech I worked The Purest, Most but the average selling price of rubber. It was 41 8jd for 1908, It was 6s 81d for zçog, and the first fire months of 1910 it was or 8JJ. That is my justification farthe mmarks which I made on January 14th, 1909.
Siam rice in Hongkong his absolutely no con- Further inquiries fedica's that the boycott of section with the recent strike here as some people are feciloed to think,
Local opinion amongst the prominent Chi- cially regretted at this time when there is such masa is.that the present boycost le to be aspar scarcity of ries in Kwang Tung and other parts of Chios.
Fico trades lay the blame up?o the tariff the extracted, and in the pouch under its bail amongst the poor. All of this rice was to be bought from Indo-Chine and Siam and a and trusts, of which they say it is, the mother, were found four fish. Mezufacturers declare the rise is largely doe
The pelican is now in the Maseum where it that time go,000 piculs bad teen purchased, to excessive profis of the middleman. Rail will be stuffed. It is supposed to be quite à some of it from Bangkok. way manageri astert that the farmers and the young specimen, though of considerable sny The receipts of rubber for the past year from railroads are Jenocent and that retailers are its wings having a big expense. The circum responsible for the lecrease and are reaping the sil sources, in which are included in this year's pr. fi's. Our neighbour the World argued stance of its being found at the Seven Mile figures 4,090 100s of cultivated rubber, amount that the rise is fargely due to the great sums Reach is believed to be das to the storm which to 69,000 tops. Owing to the increased de- | exicted from the people in the form of taxes to blew où Batorday night, having drivận it from mand, prices; ns you silikoon, instead of reced sustain the enormously decreased cost of gevis home in the marshes of the Yaugue Two fog, buvo advanced very considerably lodced, cromont fontional and focal
Doubtless all these things are factors in the specimens of the pelican are already in the and the reason, I think, will be found in these increased cost of living, but the greatest is ons Museum, one of these having been caught at figures. The world's output in 1906 was 65,000. which most parsons elslike to consider, and Chungpärska, but there is no record of them tass, of which 331 tons were cultivated tubbers that is the general extravagance of the Amari: frequesting the upper waters of the Whengpes can people, of which is extravagance in In 1907 the world's output was 69,ous tong, mud gevorament expenditures is merely safle belpre, nor incidentally of their being booked of thle amount, 1,133 tons werd cultivated incident., Wages have been and are being in, by this meanL rubberi în 1948 the total world's dutpot was created to meet the additional cost of neces- 65,000 tons, and in that year there, wers 2,000 sades. Tacrease of wages, of course, increases tons of cultivated rubber, and in 1909 the world's the cost of produc fos and transportation, and output was 69,000 tons and the cultivated rab- this must be added to the prices exacted fraza bar amounted to 4,000 1001,
the conaimat,
The higher wages have, therefore, no greater BUY DECREASE OF WILD RUBBERS ME purchasing power, and the chief result of th You will nota from These figures that, deduct.general marking un process is to squeez ing the 4,000 tose of plez! tion rubber Incled, the army of lovestors deriving fixed incomiss from bonds and-the still greater army of ed in last your's receipts, the production of wild workers that belong to no trades gulons and rabber has not increased ; in fact, thâre are hava no means, of obtaining. Incressas of abbat 7,859 tona jess of wild inbyer than there salaries. Hence the dircomfort and unicit This mosas, of counc, a failing manifested by considerable ponies of the
'ponulation and its rexdlussa toʻbollave those
Hlon and that the falling off has 'wha saturs them that the cause of the rise in 220k by the gradožilý incrending" to be found in the TRAIN ANG CAO Crypt) E-
Events Coming.
Thursday, 7th July,' Hippodrome Circus, Causeway Bay,
Friday, 8th July, Circus, Causeway Bay, 9.30 p.m.
Saturday, 9'h July, Gymkhana, Race Course, 1.30 p.m.; Cirens, Causeway Bay, 4 pm. Quque, Canigway Hay 3pm
•
But when business walks in at the door,
at window,
"Mature and best
A Blend of Malt
and Grain Whis-
WHISKY on the
kies making it
local Market.
the Ideal Whis-
ky for local con-
ditions.
sentiment fins out the odor, and the pers See that you get matter. On the other hand, it scams to have bian indirectly caused by the famine, which has comped a tightcess in the money market and so enforces longer terms of payment la every grade of business,
The boycott is not expected to last longer. than a month and some of our large millers say that it will be oyar to a low days us the buyers are forced to meet their drafts at the 9:30p.10bank and will not be able to hold out very,
long. It is thought, however, that in turn these will ask for a proportionally extended time from the banks, who now give them only fiftaein days,' Bangkok. Chimuse, hars ›klas: roerended liberaly to the appeal for help from Gaston. Practically all of the big firms hors contributed “largé auess for the purpose of buying 'rles and
distribotlog or sling, it chaap to the pour the needs previassa,
it.
H. PRICE AND COMPANY, LTD.
No. 155.
ISLANDS)
12, Queen's Road Central.
No comments yet.
Private notes are available after approval.