1910-08-19 — Page 15

CAPITAL” IN `RUBBER,

"THE FUTURE 18 ROSY."

- At the rubber auction in London, yotterjay, the lowest prices of the present your werd te corded, it may be a sie temporary sit back due to the failure of the expected American demand, but it is sufficient to warn us that the fancy prices of a few months ago are not things ups which any dependance can be placed in making estimates on to the f.stike earning power of t bber properties. At the same time, we think that, in the face of such a warning there is room for another warning alto. sharp fail may tend to produce undue pos simism and it is necessary to counteract this by taking a broadly comprehensive view of the rubber position. The Economist of July 16 has an article is which it dosis which the subber industry. A good deal of that article is what we should consider elementary out here, but the fact that such a jurat na 7s Eesmontit considers it necessary to deal with

THE ALPHANET OF THE SUBJECT ·

The

THE HONGKONG TELEGRAPH FRIDAY AUGUST 19 1010

DESTRUCTIVE PIRE" IN KOBE.

THREE FOREIGN HOUSES DESTROYED, HOPELISS INEFFICIENCY OF FIRE BRIGADE

restored for at least four or Eve more dayā.

Even now some sivers are still rising, so that

THE German Mail of the 14th July was de- livered in London on 13th (ust.

po

MR. Sie Shao-tsong has been appointed mana ger of the Kowloon-Canton rallway,

GUNNER R. L. Bridger al Na, 4 Coyi, H.V.O. is permited to resign with effect from the 13th August,

AN EXILE's letter deals with a question still and fudice. We do not feel at liberty to publish it."

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morning from Shanghal..

280

American Vice Copaul-General at Hankow. NELSON T JOHNSON has been appointed

TWO natires were fined $500 each at the Magisitaty last Saturday for balag in illegal possession of 1,408 taxis of prepared opitm. s

THE saren alleged Colowna pirates were aglata: brought up before Mr. E. R. Hellllax at the Magistracy fast Saturday and remanded.

The P. and D, Company's stemmer Misoltam, which left London on 15th all, took the follow- Ing specta for-Singapore, colu gold, £4,750,0 In its budget the Yuchurupu estimalne the ox- penditore on building rallways next yese st about Tik 40,000,000 after balancing accounts. Ture Directors of the Shanghal and Hongkow Wharf Co., Ltd, hare declared: an interim dividend of three thols' par shams, payable on 19th inat.

THE Waiwaph has received applications from the foreiga Powa's for permifsalon to sand, delegates to witness the opening of the Senate": in October.

A FORRION Catoms officer at Halphong Is

THE FLOODS IN JAPAN. ared by floods before, but, at the worst, it has JavaWEɛn telegraph landlines are now restore H.M.S. Antras arrived in port last Saturday

always been possible to open bas of the ed. The news to band to-day, says The Xcds tracks in one or two days. At the time

of the big innodation in 18,6, the tracks CABLE Communication with Macao is laterupt Harald of August 11, leaves no mom for further is the neighbourhood of Hikona and Osaka að. doubt as to be exceptional severity of the

wern aubniseged in many places, but the Barly on Sunday morning, says the Japa typhoon the proximity of which was reported interruption only lasted three or four MR. J. F. Reid joined the Volunteer Corps on Chrifti of gth fast, a Sire broke out on the by the Kobe Meteorological Observatory days. The present damage is much more ex- the 15th August,

tensive and two days have already passed, and Ma. Waugh is the sew manager of the Lange Kabe hill, as a result of which two foreign Monday evening (after we went to press), and houses and a forei a residence in course of which bas devastated a large secoin of the therp. is still no prospect of the service being kon Fabber Company, construction were totally destroyed, while a country between Nagoya and Tokio. fourth house was seriously damaged by water permanent way of the Tokaido Railroad has The outbresk would cortaicly not have in so

bren seriously damaged in several pla ot-

Fit cannot be said with confidence what the ex- destructive if it were not for the disgracefully more seriously damaged than it has been by

| tent of the damage will be. “It is no exaggorà: trefficient state of the Koba fire-brigāde. any storm for many years-avd it in feared

The thres houses destroyed were owned that some days must clapte bafore the regular ord say that so such damage has been re-

So far at

† ported since railways were opened lu jepan, . by Mr. W. Xiper, and were all situated through service can be restored.

TXUNDATION AT HAMAMATSU, ឆ.

the same terraca lo Yamamoto-dori, reports at precont available indicate the town

_on_the 4ib, a chome, but were detached and had a of Hamamatso appears to have felt the 'brant At Hamamatsu, the rain ser good spice between each. It was in the of the storm, local advicen s'ating that no such continuing steadily zuil the 8th. From 10 p.m. on the 8th it grow in intensity until the middiy buildlag, No. 1 or 19, whi & was inundation has been known theto for ninety

storm broke in all its fury, The Shinkawa, almost completa", that the fi.a trake out A years. The rainfall in that district is the bea watchman was in charge of the place, and it viest that has been recorded for twenty-eight which runs through the town, overflowed its

yeizi. Harpily there has not been much loss | banks, and In Hamamatsu town about 2,000 | appears that with the utter disregard, for eves the most elementary precautions against fire of life, but the damage to crops will, it is to be houses were flooded. In top of these, the water that seems to characterise the 'apanesemondan, feared, represent a heavy blow to the provinces rose above the door. Most of the streets ran Tw3 nailves were awarded thron waska' bard may be taken as an indication of the extent to placed a lamp close to the futon on which of Mikawa, Totem, Susuga, etc. Of course if more than knee-deep with water. The records labour sich in the Police Court on Monday which igooracco prevails in regard to the labe was lying. Word shavings wore scattered is quite possible that graver DOWS WAS 1, As of the Hamamaten Maleorological Observatory for setling 66 lbs, of sugar. dustry which has been fisnaced so freely around the room. According to his statement,it was imposible to communicate with many show that from. 10 pm, caibo 8th to 10 a.m. turing the past twelve months. The writer of the lamp suddenly capsized, or fell off its sup localitise and outlying villages and hamlets on the gth, that is, in twelve konts, 341.6 mil-MR. Barlow, of Messra, Galdring, Barlow, and th: article admits that it is almost impossible ports, and crashing to the floor, exploded, in when the dispatches published this evening limetres of rain fall. This is the largest rain. Morrell, left for Hongkong by 3.1. Borer after logo accurate fures. but to estimaica a moment the wood-sbavicas bad caught life, were sent away. For the particulars given fall recorded since the Observatory was estaba sbort visit to Bandakan.

and he had osly just time to spring out of the

below we are Indebted in the main to the fished la 1889. The rain bad not ceased on the that 32,000,00o of capital is lovested in the. Industry. Tha, wa thitif, is not by mosquita ret, and rush from the room. Find columps of the Orafa Mainichi and Omka slitsoon of the gib. On the contrary, signs were not wanting of a farther downpour, and any means an exaggeration. We should say, ing it impossible to extirguish the fimus, ha Asahi

The most serious damage wrought by the the people were very unbusy in consequence, fadeed, that if it is cot considerably below than into the street and gave the alar mark the future of the rubber ludusty is rosy ju A gentleman occupying a realesce near by typhoon which pasted over the Tokkaldo on

A later dispatch from Hamamatsu states that the town has not been visited by auch the extreme, and that it can smile broadly at informs as that at about a quarter to three bo Monday night seems to have occurred between

board a man showing wildly in the lams at the Fakurel and Kakegawa. The barement of the a serious flood for fully ninety years. On suggestions of a black future. We speak of

back of his house, Ele locked out and saw a bridge over the Nishiyamiz wa-a small tiver the afternoon of the gib, the quantity of rain the lcdustry as a whol", tot of compinica in

gave way and the bridge, fifteen feet in measured 344 millimetres. In addition to this boune opposite, and heard a crackling noise. length, collapsed. Repairs were taken in band very heavy rain, the water from the hills of at the

Rousing bis massmate, be ran out into the at once and iron girders, tiny feet in length, Wego Wachi, Tomidzaks, etc, flows into the FRESENT, RATE OF CONSUMPTION

ware sent forward from Nagoya station yester rivers in the vicinity of Hamamatsu. More- street to see what he could do. By this time the world needs at least 73,000 tons (the fire, had c motoced to burs through the

day at 2 p.m. The train carrying these girders over, as the upper courses of the Magome 136,800,000 lb. ef rubber par doum Awall, but it had not yet obtained a v ty fiem

had to run through water. About 6 a feet of river, the bank gare way over a stretch of the western bank of the Oigawa, one of the about filly yards. Through this break, tha small calulati.o shows that at a pcft of 5/ hold, and if a hose could have been turned on, per lb. this 75,070 toas yields a total profi of the flame: could easily bave been extinguished, largest rivers in the Tokkaido, gaya way and water rushed into the town of Hamamatsu £19,510,00, or £1,550,000 is exces of the total A Japanese he met in the lane consented to ran submerged the railway track, but the iron bridge coding Ta-machi, Shimmachi, Itaya-machi

over Olgawa is intact,, The river Yabuse rose Magoma-cho, Gėjo-machi, Ike-machi, Motome. capitat which 74 Economi ? supposes has

to the nearest police brx and give the alarm been put into the business. We are not pled can while our informant assisted in the re about two laches every five minutes, there being machi, Sama-cho, Takiwa-cho and Yawata-cho. jog ourselves to the figures; they are merely a moval of the furniture from the adjoining house, eight feet more than usual at noon on the toh. The water was from a to 4 feet above the for natural coparq sence of what he consist a three-storied residence occupied by Messi In view of the danger, special officials bave of the bouess The people-cook refoge in ibs has said. If the estimate is correc', h waver, Bennet, Eltor, Greig, and Lamberton, far, been dispatched from the Nagoya Central Ad-upstairs roams, but many of the women and the there in bo reason whatever why the

cothing being dore to extinguish the flames la ministration Bureau, Most of the uptrala old and young people suffered great distress. rabber industry should nat pay-20 10 the unoccupied hours, the back-stircase of the passengers are turning back to Kobe from The Hamamatsu police worked hard to succour 30 per cent all round on the face value bare caught light. Within a quarter of an Hamamatsu or Nagoya, preferring to travel the people, and the District Office requisitioned of im cp'tal; even at a profit of i

hour themes bad obtained such a bold that pittr by sca. per to, aist wa doubt whether there is any other large industry in the world in the sime position. The Ermenist deals with face value only, and we shall not attempt to make an citimsis of market value, though it canpol be less, we fany, to do,000,000, Even as that enhanced 6, e il a prospects of

particular, Tacra are 2,740 iu:. In a ton, and faint gla e in the dir ction of the newly-built

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it was impossible to do more than sva the first tra came up abortly afterwards, and there also

things that came to baud, -Some more

assisted in, the salvage operations, but the smoke and flinics which bil hed through all the windows and doors made them abandon ite work, The danger, too, of the roof (which was bl. zing furionyly) falling in upon them also made salvaga work a dangerous matter, while the wails began to bu go here and there is an bly manner.

war

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a number of boats and conveyed many people

the night of water and

DAMAGES IN THE FAGOVA NEIGHBOURHOOD.to the Hamamaten Elementary School which ficials of the Nagoya cffice of the Central too bad to be supplied to these people. On 1tle repo ted from Nagoya that all the chief was set aside as a place of refuge. Through Railway Admitistration Bureau lave bitn scut out to various threatened places Invest-the job, the rate continued and the weather gations made by the Nagoya Railway officials became more threatening, with heavy down show the following damages :-Between Mat P.urs at times. The river Teorie, then became suda and Koyama and beween Nuajadze and dangerous also, the water rising almost to the 1 FAIRLY SUBSTANTIAL DIVIDENDS are Food 'recugh to ensure a buoyant market

Hera the railway is under water; the western level of the embankments. The people in fer shares for some time to come. Most

entrance of Isbibe tunnel, batween Mochisume receipt of relief on t'e night of gth number. and Yails, has collapsed, and only à construc.

id about 3,co: la tha mubaibs of Hama of us who are studylog the question, hom ever, are cervinced that. A good quarter of Nearly three quarters of an hour after the tion train is running, there is four feet of mats, there are probably many places the capital de misally devoted to the rubber cunbreak the 'fira-brigada" (we do not apolowater on the track between Fuj yeda and ware great loss has been sustained, but as Industry, has found its way into the pockets of gite for the lavened commas) arrived upon the Yelts, the bridge over the Tachiyimagiwa ali means of communication have been Cut the thieves and swindless who hay: bien esceps with the usual wat whoops, and se: about between Fujiyada and Shimada is broken, ardco particolars can be ascertained. Accord tracted by the brom, That mener, no doubt their work with the customa y, free-fght three colvers have been destroyed; ver 8051ng to luven.igațious made up to noon yester. ken of a hillside to the West of the Oigawa day, a bluff collip:cd at Ofuma-mura, in Ha: that a great mary people who kive Enught and rough and tumble, Every man

river between Shimada and Kanaya have heen maua District, and bu ied a house with four recklessly will never see their money back, but 'superintendent-in-chief (er thrught he was) it means also that the huge profit which the and bild out viders to bis comredes, who carried away, displacing about so,cos trubo of people. They were dug out by the local fire industry cannot fail to cat will fall into fewer shruled bck counter-orders. Somehow or earth; and some more damage has been caused brigade, but one person was crushed to death,

In the neighbourhood of Tomoda signal station

Three ware maconscious #iban rescued, but hands and be of greater amount than the broad other they managed to gel a bo:e unreeled and

with more shouts rad boots dragged it in the in the precincts of Kanayabori. For the pre- Averaging suggests,

The simp'e fact is that the subber industry direction of the blazing houres. Every few rent the down track only is being used. The minutes the reels came up draws by man who basement of the bridge over the Nishiyams ziwa Is in ath

seemed almost delirious with excitement, as if river has been greatly damaged and about a they had never ston a fire in their lives. We square mile of land in the neighbourhood has need scarcely any that coolies with flags, lau been inundated, the down, track being most In Tokio, owing to the heavy rain on Tues. terns hoisted on potes, and ether antediluvina serinesly damaged. Between Washides and day, 1,930 houses to Shitays Ward were parti propheralis, heirlooms from the days of lim Futekaga the down track has been carried ally inundated. An embankment on the rail. mu Tenso, turned up in full force, and added away for about two miles and twenty-two road between Usbigome and Shlomitsuko on to the dip, hersically extinguishing the sparks chains; at present only the up track is being the, Kofu fire threatered to giva way, but a which came within their range. The by- used,

strong force of coolies was requisitioned. to dracts were turned on, but to the astonishment

prevent a break and in this they seem to have of eve ybody, the power was found to be so

Advices from Hamamatsu state thit the Tok-beep succeutal, in Hongo Ward, water 1010 weak that the water could not be thrown mora

kaido railway has been opened after great to the bei ht of the ground floor is about 1,500 than a dez a feet. In other cases na water

houses. The Ra.ugo river rose alarmlogy d.ficulty as far as Fukurol, the necessary re- pairs basing been effected by coon on the roth,

and there was only about a foot of space left Only a single track is available however. No

batween tha bridge and the surface of the river. estimato can be made yet when regular traffic The Tramway service belwese, Tokio and at Hamamatsu, where great confusion still pre-10th. can be resumid. Most of the passengers alight Yokohama was suspended from to am, on the

they will probably rec.ver. All the agricul- ural products, such as tobacco, ginger, several kind of potato, are expected to prove au emits loss. The damage to the rice fields is serious.

A THUNDERSTORs of considerable violence broke over, Sandaken at about 1 pm, on Wednesday, 20th it.

THE Batavia Nieuwsblad calls attention to loss in weight as being a serious hindrance to the focal rubber trade,

THE Flower bas added its own Lowther Range widow's list to the Times of India's collection, which now totals over £1,000 sterling,

MR. Hofman of Deli has been appointed mana- ger of the Lingkongan. Rubber Co, and sails for Borneo from Sumatra ihly month.

WIRE from Jesssion states that Resident Mr. Barrant is on the sick list, and proposes to take a trip to Zamboanga for his health. THE 16. Kumiáng áirived in port on Thursday afternoon from Slogapore with 860 Chinose passengers and 6 Fortugnase soldiers, THE trial of Sifford for causlag the death of the late Mr. V. Baroufsky, will take place on the 24th inst. before Mr Justice Bourne, M. and a jury,

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Kobe on

A SEVERE storm was experiencedat Kare foll in the city and several lighters ware sunk in the harbour.

The Russo-Chinose Agreement in regard to the Suggari River questions. was signed on 9th inst. The Agreement is similar to the forecast pablished on August a

Tun directors of the Grand Hotel des Wagons Lits Coy, Ltd. of Peking will declare a divi- dead at the rate of 15% per annum for the past twelve months' working, RUMOUR has it that one or two rubber com- pauies in the Beaulet District, B. N. Borneo, are going to change hands, and we are led to belleva al a good profit, THE B. N. D. Herald is informed that Messrs Ditby & Co. will shortly open a branch of the Hongkong and Shanghai Bank at Jessektor,

This should fill a long-felt want thorn. AM ZINOLY STRONG POSITION. -

and that the high price of all standard shares le amply just find As Mr. Lempard said recently, it is pot occo 'in a hundred year, and more probaly only once in a thousand yours that such it peculiar comblantion of circumstances arises 25 that which has made the boons We beard yesterday of some heavy failures among 1 cst bloese meichauts, who have been speculating too wildly, and it is gafe probable that other incidents of the same kind may have to be recorded: But these things do not touch the central fact that people who planted rubb:reight-orten years ago hava "got their money back ten times over, and may still be holding an investment which is of uc dimisted valce. We do not suppose for a moment that prices will remain at their present high level beyordited'ell which boom ertesiales coms into beaticg, but, onther thachand, there is every reasca to believe that on the

came: ut of the hoses at all, and so the fireman bat to content themselves with looking oa et ih blazanod yelling at psychological moments, The po ice were also very industrious; those

who were not hauling out furaitero f.om the rustrading beuses, or keeping back the crowd, can bitber and thither with their swords in one band and paper lanterns in the other, shenting Bow and then to help the fireman, "All this time, be it remembered, the houses were bliz log furicusly, while a third residence, that oc- cupied by Mr. Bium, bad now caught alight The fire spread here so rapidly that there was only time to get the furniture out on the ground far, it being imp ssible to go upstate owing to the dense smoke and the 'ert fic heat.

SINGLE TRACK ́ AVAILABLE TO YUKUROI,

DAKASE IN TOKIO,

LOCAL AND GENERAL.

MR J. C. Dyer, formerly in the H. and S, Bank, has arrived in Shanghal as manager of the Cathey Trust, Ltd, which is under the general management of Messra, J. A. Wattle and Co, REPORTS from Kores state that The Bepul Frea and the Chosen Nicki Nichi, have been suspended for the publication of articles al leged to be lajurious to public peace and order. is notified in the Garents that the King has beco pleased to approve the appointment of Mr. Henry Keswick, to ba ́an Unofficial Member of the Legislative Council of the Colony of Hongkong

MR. Wamwell, manager of the shipping depatimad" of Massis. Warder Durnes_and Company, arrived from Manila by s.s. Zefire aa Monday. Mr. Bramwell is here on business

vils. All the hotel unra crammed, every room this arrangemest the hotels cincot necom. having from three to five guests. Even under modate all the passengers, and hundreds have to be refused. Many passengers spent the CHOLERA is reported to ba raging in Benaras.and will remain about one week.

light the gib (Tuesday) on the platform of the station or in the waiting-rooms: while some

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alleged to have shot one of the local gentry and wounded some other Chinese, and it is sald that he has been arrested for his crime. MR9. R. E.. DELILIOS, of Park House Pic cadilly wife of the prospective Unlonist candidate for Walworth, who underwent an operation for appendicitis on 5th ult, is making favourable pwgrass,

A

LARGk sumber of steamers are in port. The whole of this week has been a slack time for freights, Only a very few out of the score or so of steamers la port are loading say cargo.-- Bangkok Daily Mall,

His Excellency the Officer Administ_ring; the": -Government-la-Council has been pleased to direct that a kook or booki, to be satitled the Corpright Register, sha'l be kept by the Registrar General In his office.

As the funds for the constraction of the Yurna railway have been exhausted, it is proposed, to obtain a foreign loan to meet the demands and strong endeavours, are being made by British and Froach capitalists to obtain the loan con

tract,

Tik Government has received a integram

and Commerce to saad delegater to survey from the Sinan Viceroy, requesting the Walwupa and the Ministries of the Interior and detarmine the sites of self-opened com- mercial/ports.

A PEKING telegram naya that, since his return to Poking from Europa, Prince Teai Tao bas urged the removal of the quene, which reform would stimulate the advancement of the Chinese people. As much opposition prevails #galast the idea, it will not easily obtain sanction... A YOUNG American was charged before Mr. E. R. Hallifax at the Magistracy fast Saturday with alleged assault on an Indian watchman in the employ of the Hongkong Hotel. The sum mons was dismissed, as his Worship was of opinion that the complainant was telling falks.

hoods.

:

The Ministry of Finance deems it necessary

enforce the stamp duties in order to relleva the financial straits, but the provinces havS, delayed the impostilen on diferent prétexts, It proposes, therefore, to ask for the use of an Edict reprimanding the provincial govern- ments in the matter

A NATIVE was charged at the, Magistracy last Saturday with falsely representing to a married woman that he had a share in Nos, 40 and 43," Cross Streat, thereby defrauding the complain. ant of the sum of $1,000 on the goth December fast. The cafe was remanded, Mr F, X. Al. mada prosecuted and Mr A. G. Jackson ap peared for the defendant.

.

L. S. JACKSON last Saturday charged Fok Kwai- Po, of the steam launch Batley, for valswipily failing to have the licence of the launch frained and exhibited la a conspicuous part of the cable fandant stated the licence was locked up on in Victoria harbour on the 6th instant. De board the launch. His Worship found delend. ant guilty and imposed a fine of $10, O4 a further charge of falling to have the certificate of competency of the master and engineer' of was discharged.

LIAUT. R. I. H. Kinloch and Sec.-Lient. H. G. THE well known Bucknall liner Buire has re-his licensed launch Bailey on board, defendant Parts, R..., bays bead ordered to Hosg-cently been sold through Moss, Samuel

kong

were glad to fod cover in the gozdi waggius, As it is impossible to say present wben the through service will be restored, some of PRIVATE E, Irving of the Infantry Coy. H.K.V., the passengers, have tureed back and taken is permitted to resign on leaving the Colony stormer. Everything in Hamamatsu station is with effect from ike 16th August. in such a state of cosfation that one would imagine, says are corresprodent, that a battls LiRUTS, G. W. W. Tresidder, M. D. Wall, and was in progress in the immediats vicinity. T. Cunningham Cunningham, R.C.A, have

A Nagoya dispatch states that matrišis ara | bran appointed for duty at Horgkong. bring constantly sent forward from Nagoya and other places to the damaged sections of A FISHERMAN from Aberdeen was fined $so the railway. At 1 am, on the roth, 500 coolics in the Police Court on Wednesday for balog in were dispatched from Nagoya. Repairs are possession of six pounds of dynamite. In being pushed forward as rapidly as circum, sptclox Dymond prosecuted. stances will admi. Although in some places, the water is decreasing, in many other places MRS. K. von Wiser, wila, of the Austro- the water is still rising and there is much Hasgarian Consul in Hongkong, was safely danger in moving about. Five or six days delivered of a daughter on Wednesday, Mother must clapse before regular traffic can be sad infant are both doing well, restored and the probabilty is that the repairs

will take tee days.

THE following notificalion appears in the Galets-Royal Regiment of Artillery, Hong Ali Khan retires on ratired pay (July 16), tony Singapore Bait-Subidar Mobommand

Samuel & Co., Ltd., Kobe, to Mr. K., Kishi- moto of Oiaka. The vessel has a dead-weight carrying capacity of some 6,800 tons, and is perhaps, the finest steamer of her class which haa in recent years been transferred to the Japanese flag.

MESIRS, W. G. Humphreys & Co. hava bean Informed by Jeyes Sanitary Compounds Com- pasy, Lid, that they have been awarded the Diploma of Grand Prix for their exhibit at the Japan-British Exhibition, an award rendered all the more valuabis from the fact that Jeyes are the only disinfectants so honoured,

THE Rangoon authorities made a large seizure of merpala on the Glenrgis on July 28. Accom: panied by two Lugyis they boarded the vassel off the jolty and, after a long search, came upon Chinese tea box in the alley-way. On open- ing the box it was found to contals, hidden it the ten, a5o oz. of morphia, whose valus is estimated at from R8,000 to R10,000,

a

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is notified in the Garelle that it is the laten tion of the Governor to make an order, on the 29th January, 1911, directing the removal of all graves in section A in Ma Tau Wal cemetery which are within the area colonted biga on plan B called "Pr:posed Section A" of the said Cemetery, which may be seen during effice hours at the offices of the Sanitary Department, Braconsfield, Such order will be made for the purpose of executing a public work, namely tha proper layfog out of such area to terraces for faire folermeats,. _

THE Ludden collapse of the rubbersbare mar ket in Shanghai" has seriously affected the money market and business generally, Japan- ese importers of collon yara have been placed is difficulties owing to several Chinese banky... haring suspended payment, The total lose is of course impossible to calculate with certainly, but it is estimated at about Y,000,000** Ac2 cording to a Tokyo report, the Mitsui firma in most seriously affected by the panic in Shang..

THE Governor of Timor lotends to visit Mela CABLE received to Maglia on 15th fort. anal which has followed the collapse of rabber.

borde to segntiate with the Commonwealth suthorities with respect to establishing a wits: less telegraphic installation at Port Darwls, to connect with similar Portuguess lastallations at Dilli, Timor.

OLD, WELL MANAGED ESTATIS where fites are properly cared for, nad where hundreds of addional neres have been p'acted, the increase of cutput will go a very long way towards compensati & for redaction of price, We believe, alse, that the e is a bright future

At last, more than half-an-hour after the "bri for the purely development schemes which have

Kadabad arrived, the pressure in the mains bran started en a fair basir, because they can

was suddenly increased, and the botes were do well at a very low margin el profit. Wc copuot advise speculative buying of shares, played on the burning touses, now little more because it seems much more probable, bow, than blackcoed walls and glowing timbers As that the prices will rise and i 11 on small one residert remarked yesterday, it was like margins than that there will by any sepeti- adding insult to ir jury to turn the water on at tion of emzing experiences of ths past that time of the day.

However, the firemen were able to do some: year. The biom dined from many others in this essenti respect, that it was a thing with the water, for soon after Mr. Blum's recognition by the monied classes of the in-house had fallen a prey to the flatnes, smoke trinsic value of shares which had stand creatly was seen to be coming from under the eaves below vilux (ar a considerable time. It was of the residence on the west, No. 43. own not, a.fr s the rise io prices of standarded by Mr. Robert Young and new occo- compables thres are conccined, a blindly tied by Mr. Fiernheim who wis abreet. The firemen set to work with a will. They speculative movemen', That phase was con-

bad already smashed nearly. the whole fired to

ofte long fence, in a der to past a THE "PENG YUZAR”.

three ich base through the garden, and they and to the promation of companies such as we now commenced to play, sot baly on the dan are beginning to hear about through the law courts. There are a few if the old concerns er spot, for that wou'd have been unscientific, over valued, to diab', but on the wicle their but on the whole house. In a few minutes the place was litle else than w: Eck shares are at a sound figure, and may even udreds of gallons must have been pon ed harter as time goes on and confidence be is through the roof and windows bringing down comes more positive. Still, the Lalder of rub the plaster and breaking down be walls, lo ber shares in any company should act be order to save the residence-Sach are the mai fied with anything less than too per methods of the Kobe fue brigade,

cent. interest on the amount paid for them

At last the fire was got under control, to There is no form of topical agricultura so free

uss a newspaper phrase which has some mean from risks that a lower rate of profit can be reing is most civilised countries, and the firemen garded as satisfactory, and bars is to excuse

I went home, no doubt, well suited with their for caplaiting new companies on a basis hercim, and anxious to rest their tired longs which makes it almost impossible that they can

To answer to an inquiry the police explain face a great fall in prices. There are symp that the fire-brigades were turned out as quick toms in the tr. dr position of the United States -the greatest of the rubber c:usumers which as possible, and that notice was given to the by tea.

municipal efficial in charge of the waterworks, An enormous quantity of mail bage has On Wednesday the funeral took place at Hap. seem to indicate the approach of a severe crisis but for some reason or giber the water was not accumulated at Hamamatsu sta ion. As no pr Valley of the late Mr. Andrew Gatherer, and the keynote of policy should be caution. available for forty mleutes after the brigades definite fdes can be formed as to the-date ho had served for many years as engineer on If we deal with Ile rubber industry fairly,

were on the spot, Whatever the cross, the of the resumption of traffic, all the mails the Chics Coast, principally on the boats of will enrich the Middle East enormously, and

Infficiency and lack of organisation shows and newspapers from this side are to be the British India and Betiefield and wire it into the permatent results that we codes.

were certainly remarkable, it appears that tacut back to Atsuta, and dispatched thence to lacs. He was well known in Hongkong, vour to direct our attention rather than to parc.

is the day of the man in charge of the water. Tokio by sleamer. The talls and newspapers where he made a host of friends, both en ac Ing phases which may be delusive and mix.

works to put on full pressure when the fire-bels from Tokie and noribe a disticts, are to be count of his professional abilities and of the Jedding,~Stralis Times,

test back to Yejirl port (Gear Shidrucka) and social qualities be arjoyed. There was a big The three houras destroyed were ininted in thence sent by sea to Nagoya add points west. attendance, including many Marons, at the ward, Ent owing to the great capinston pre interment this evening. Mr. Gatherer was a the Mejr Fire Insurance Company for Y17 000.

vailing this ping had not been carried out when Cative of Greenock, the dispatch was sent away last evening, A PECULIAR case came on before Mr. B. R. SAPONG ESTATE..

Hallifax at the Magistracy on Taenday. Three At s'am, on the oth, the op track between natives were charged by Chief Excise Officer Owing to the attack on Coloway Island by

Taniga and Yamakita was washed out pwing Hoggarth will; being in illegal possession of a Fortuguese troops, the Canton authorities have placed a memorist before the Wal Wu-ps ra

to the very heavy rain-fall having swollen the quastity of opium. The men allered that they questing them to ask, through the Chinese te his anaeil report for 1909 on the interior, alreams and sivers In the neighbourhood. At had obtained the dog from the Oplum Farm Charged #fit # in Lisbor, the Portuguese Mr. E. Barraut, Resident, makes the following cos am. yesterday there was a land slide at and that they held certificates of the Opium Goverment 10 give an explanation ofthe recent reference to Sapong Estate

Korama station, zoar Yamskita, blecking the Farmer. Whereupon it was decided, to test proceeding, and also to demand an indemnity Bapong Estate extended their area in rubber rack Traffic between Yamsgta and Kojagus the drug,aben and there but the defendants on for the damage, which was demo to Chimera| 101,059 scren and a crop of tobacco was herrest

was entirely suspended in conqusuce.rekdy heating the decision of the Magistrate at once subjects in Golowan Islands by the Portuguereed. Unfortunately the prices realised were One of the Railway officials is reported to Intimated) their unwillingness to have the troops The Wal_Wa.pomislek.ic_lodge a far from satisfactory herewith attach the have said that the present Isundations and oplam tested and said they would rather sub protest with the Portuguese Government on the Hospital Relares which speak for themselves, damages are more severe than anything which mit to a fins His Worship fined the first de" subjesi, but the Members of the Graad Council The dealkı rate hau bean reduced to 7.9, which has occurred along the Tokkaido fine in former fendant $7, the second defendant $4,50,- The' bara moi decided wanita doy-Skdaghel Tymes. : le vary satisfactory compared to previous years.,, yout.. The rollway bas frequently been dame, third delendast was discharged.

CHINA AND PORTUGAL -

CLAIM AGVINST THE PORTUGUESE.

4

drg out.

TOBACCO. CROP DISAI POINTING,

manuced that the price of tires had advanced 15 per cent. The wire alss announced that the advance was general and included every thing of robber manufacture and affected every factors in the United States. This is the second advance la rabber lately, the last ad- vance

of 10 per cent occurred about three months ago.

.

Notice has been listed by Nagoya Station that from this date and until funker notice fen of the passenger trains between Nagoya and Hamamatsu, and between Toyshash! and Hamamatsu will be discontinued,

unaffected, the cotton yarn trade from Japan to So long, however, as the Inland markets remain s well as Roads trains between Nagoya

China is not likely to be seriously affected by And Hamamatid and between Maibars and

the crisis in Shanghai.—Japan Chroniclas Nagoys, up sad down iervices being refer red to in each case. Passenger trains will be

THɛ Osaka Hainichi notes that the export of tug between Hamamatsu and Toyobashl an op-

coiton yarn, which had been very activà since ® partunity cffers. A notice has been posted at We are laformed that no indictment has been

last spring, has sustained a grost blow by thugi at Hamamatsu and Toyohathi are fali, pass alleged presentation of a falte cheque whereby Nagoya station to the effect that avg'l the hotels || filed against John Grant in respect of the

recent financial crisie in Shanghai, which is the.. most important market for the sale of Įspanens › be obtained Sto, It will remembered that; THE invitation to the Portuguess company of coiton yarn. Chinese exporters hard entirely engers who are not to a great burry would do well to slight at Nagoya; those who are nu- soms time ago, the defendant was committed | the B.V.0, to zand twen'y men to Macao to xious to reach Yokohams and Tokio quickly for trial at the next Criminal Sessions by Mr. attend the unveiling of the Latus, to the ceased to buy yam, and no bargains are now are advised to turn back to Kobe and procred E. R. Hallifax.

mimory of Colonal Vincents Niclan de Mes. bolag made in Osaka. The present Inactivity.

Is takes to be a reaction from the excessive quis, which takes place on the and init, and speculativa exports made since last spring. was accepted by s'embers of the company Coarse yate, such ab 13's and 14'5, which were at maning to'd en Tursday evening and exported in March or April fast actually still: the men are to lovi 8:angba on the 18th remain in the godowas in Shanghal, not kaving at by an 1-do-bija stamer It is expecte found a sale. On the home: market coarse ed that besides akng pat in the unveiling yarn is rating higher; the stock is compara corameny they will p itɗpre in shco:log|tively small, and some dealers in Osaka harmo

undertaken the re-import of coare, yarn from contests with cto army ass mary in Mecio

Shengbak ind pas bly in other spor leg sYOR!R UNDER dato Shanghai, with init, Messrs. A sad little tragedy of a child is sported from Wheelock and Co. repon :-There is again no Ekaterinoslava. A well-dressed lady wan pas. change to report in our Homeward Froight log through the market in that city a few days market since our last issue which, however, is ago, says a Russian exchange, when she found hardly to be wandered a, seeing this is our herself face to face within couple of beac dulfasason; tea also is unusually backward who had a little girl with the Toth lays this year owing to the high prices raling bero astonishment the recognised, in the latter ber sad very poor markets in Europa and America. own child who had bean akideapped from bit. Coastwise Things are no better on the coast: boms three years ago whan med at krn youn there is practically no cargo, moving to any old. But the uaforiban Child quite sound direction, consequently no demand for tonnage and healtby at the time of ur diapan of any soit, and we are afraid that for this was now a cripple, her hands and fant had a month, at any rale, prospects are at their lowest twisted ont el ships. Har qull obb; we hear, however, good reports of the hid deliberately crippled the lith, est rice crop to the Yangtis Valley, and if these to attract the propuky of the busie are realiand they will tend to save the situation grief of the mother at seals and wa may hope for some improvement in the der long-lost chid cons

- LINE OBSTRUCTED NEAR YAMAKITAL

ז. .'

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