1910-08-25 — Page 3

Hongkong Telegraph 港電新報 士蔑新聞 All

Intimation.

Powell's

ARE SHOWING

UPHOLSTERED

FURNITURE

IN

GREAT VARIETY.

LARGE, DEEP

AND

COMFORTABLE.

LOUNGE

CHAIRS

SETTEES.

Chesterfields.

DINING

CHAIRS

OFFICE

CHAIRS

FANCY

CHAIRS

SHOW

ROOMS

FIRST FLOOR

Alexandra

Buildings.

Kytkö 'g dit duzush #gta,

THE HONGKONG TELEGRAPH THURSDAY AUGUST 25 1010

ROBBER ESTATE VALUKS,

PREVENTION OF MISLEADING VALUATIONS.

FIXED PROFIT AND VARIABLE PRODUCTION

-SCALES.

|

_________Intimations

CONFIDENCE

"HONGAONG AVERAGE MARKET

PRICES.

Shark

BUTCHER MEAT.

Skate--Fo Yu Shrimps-

Boler-Tat Sa Yuk Tench-Wan Yaho Turbot-Cho How Ya. Cents. Turtles, small, fresh water)

Walis Ball-Ngan. Yu Chal sei

an excuse for averaging larga areas, becassi, the stafa averages bad with good over Fundreds of actor He o ust, in fact, take his full responsibility as a valuer-not shellar beblad ages of trees supplied to him by interested said Lord Chaibam, is a plant of slow Failies, and not Ax values on age slope, but growth. People believe in things that they Corrected 151 Ajul, 1970, 200 cl. per Max Sapper-Lap show what in his opinion the trees will yieldsee, and in a broad sense they are right. having regard to the state of development in What is sometimes called blind faith is 001 which he sees them, the quality of the soll in faith at all. There must be reason and fact to. which they are planted, and other circumstances form a foundation for trust. in regard to a likely to favour of retard their productivity."

medicine or remedy, for example, people ask, Has it cured others? Have cases like mine been relieved by itt is it in harmony with the truths of modern acfence, and has it a record above suspicion? If so, it is worthy of confidence; and if I am ever allacked by any of the maladies for which it is commended ! shall resort to it in full belief in its power to help me.” On these lines

ELEMENTARY BUT ESSENTIAL.. This stems "like" stating the ABC of a valoor's dullen, bot unfortunately it is pecar, sary, and the future of a good many compantar is likely to justify our observations. - If, bow ever, a planting expert will make his valusties on the lines we hava suggested he can, use the Maximum as a sliding scala with perfect ease. Let us give two examples of what might occur. We will assume that a valust reportí as fol-

Occasionally one meets with a remark that ho valce of estates difisis so much that it is possible to valus on any fixed scals. But * w wald, these dB:recices form the chief reason for working on scale principles. When valuers put down their figures at random there is go check. If they a'a izclined to put a high valea on a pro, city end dafe not, fúr their pro- fessional credit's sake, state the prospectiva output abova a certain figure they have merely to alter the probis scale, 'and the whole charic" ter of the valuation is changed. From belog moderate It may be mide extravagadt. In ono "or two cases, we have heard men say that bey lered the prr fi a scale because it appeared to be the easite: way of expressing their opinions: on the high or low quality of an estate, There could be no mora il vesly or inaccurate melbod of valuing, and thy statement wa quote is more like an excure than an explanation. It is quite' possible in the rubber bosinca, for an Estate, which has a ow average of production per tree, andgreatly retarded development oʻtreg, to get the highest prices for the rubber it sends to Lendon Cam and sk It in the treatment of the In ex have as much to do'with the selling valve- of one lot compared with other lots as trees from which it in originally drawr, and an estate which may top the market one month may be at the bottom of it another.

DANGEROUS PRACTICE.

Tamperieg with scale of profit is the most dangerous practice fou'd among rubber estats valvert, and is conducive to swindling vala aticny. It is more important that there should be a uniform scale than that it should be ac curate; and the licensed valuers should be tequired once each year to fix a gralo to ba used for all valuatió: a during the ensuing year.

There would be very little difficulty in sciog upon this suggestion. Suppose that the value year is taken as ist Joly to 3 h Jue. Then the cfficial records of prices made by the F.M.S. Goverment for purposes of levying ubber export duty, or the prices recorded at The London avelins for the previous three or six montka. could to taked as the bails of a scale, and all valuers would work upon it. 1, the Plauters' Associations were worthy of their ome, they would put a check on the scandals of valuation to which we have constantly to

:

(») Block A consists of 100 acres, and I am loformed that the age of the robber is three years. The tries are planted to closely, the ground has not been clean weeded, and it is not quite up to beat standard of fertility. When clean weeded, the rate of growth of the trees will increase, but they cannot be valued at a bigber figure than would be put upan trees iw years old grown under't'e best conditioën, and in my valuation I take them as equal

to that age.

to the Maximum Scale, a three year old tree "is valued at £143 151, and n-two year old trea £85 ras. The valuer may put back the age year, or even more, in that he has a perfect sliding scale at his disposal immediately that a standard rate is fixɔd. Now let us take an example of the opposite proceis (~

(*) Black B consists of 150 acres of rubber three years old. Over eighty per cent. of the trees show a development equal to Average rubber af four years old, and then treen can quite safely by tapped Bow Having regard to the high qʻality of the *to*, be judicious spacing etc, I am cons

three months, six months, pine months,

"

." - WAMPOLE'S PREPARATION has won its high reputation among medical | men, and the people of all civilized countries, They trust it for the same reason that they Trust'in the familiar laws of nature, or in the

action of common things. This effective remedy is palatable as honey and contains all the nutritive and curative properties of Pute Cod Liver Oil, extracted by a from fresh cod livers, combined with the Compound Syrup of Hypophosphites and the Extracts of Malt and Wild Cherry, It quickly eradicates the poisonous," disease-breeding acids and other toxic matters from the system; regulates nad promotes the normal action of the organs, gives vigorous appetite and digestion, and is infallible In Prostration-following Fevers, Anemia, Scrofula, Influenza, Wasting Diseases, Throat and Lung Troubles, etc. Dr. W. A. Young, of Canada, says:

Your tasteless pre-

Beefslloin prima cot-Mei Lung Fa D.

„Comid—Ham Ngan Yokomiting „Roast-Skin

12

25

-„, Breast-Ngan Lekää menneierastisser gr

Soup, Tong Yak smart „Stoak-Ngan Yak Pa-sama j

m- Sixtola-Ngau Lau 'pommun Sausages,-Ngati Yak Channg`*** 1. Ballock's Bealaś...... » Knowaisi, perbat -

Tongue fresh-Ngan Ll............ aach' „ córáad—Ham Ngati- Lllation is 'Head-Ngau Tan jamiems n Heart-Ngao Som .......................pers Hump, Salt-Ngan Kla «............ n Fost-Ngau Kook doumtack „Kidneys-Ngan Yit...macommon si Tall-Ngau Meismic con, på Livar-Ngan Con ......................................... „Trips (undressed)-Ngaa To........ Celves' Head and Feel-Ngau-chal- :

1a-kook............&t` $1.00 Mutton Chop-Young Pal Kwat ........

11

IF

30

paration of cod liver oil has given me Figs' having bean of all ages. It is a product of uniformly satisfactory results, my patients

the skill and science of to-day and is successful after the old style modes of treatment have been appealed to in vain, To try it is to trust to it forever after. It cannot disappoint you and is effective from the first dose. Sold by chemists overywhere."

WANTED ON SJAMEEN-CANTON,

fident that the heat will give a higher "average yield than is usu. Leven on highFFICE, GODOWN, and PRIVATE

grade, estates, and I feel watracted ia. RESIDENCE by European Firm

Please apply to- valuing them at the same figure as I would

X. Y. Z put upon trees al seus old" under normal

Cla Hongkong Telegraph. co-ditions,

Hongkong, 24th August, igro,

This means that each of the 150 arres wo

be valued at £rto more than the age perocale

Log-Young Pai sacadamugarium) Shoulder-Yeung Sha¤ Chillinge-Uni choong...... Brains-Chi Know...............................per sol

(a* Fry-Oh! Okak samommar n Hud-Oki Taa KI JE Hoax-Chi Sumach Kidneys-Chi Yin pair „, Liver—Ob} Kod ...........................

| Pork, Chop-Ckl Pal Kwat mum J

'n Comed-Ham Gia Yok

11

FRUITS,

Almbad-Hang Yan..

Apples, "(California)-Kam Ban. Ping

Ki

اؤ

(Ohafoo)To Chun Plag

Small-Hol TOBE

Uustard-Fan Lal Chi..........sach Bananas fragrant, Canton-Sang Shang-

Heung Chidimizin

» (brides), Macao-San Heung Ohlu,

18 Chestnuts; Chinese-Toong Lubis m

Carambola-Young Tau AmiASLARE Cocoasats-Yeh Tu uminomis.bath Grapes—Sin Tai Tiiminomeamous Lemons, China-Ning. Moong.............n

Amer-KamSan Ning Moong »)]

18

#

.11

6 | Lichors, Small Stone-Lai Chi Combi

Fresh, Lal Chi unenumurie Limas, (Saigon)-Sil King Ning Mango, Manila-Lul Sang Mong

Maongezistencies:Bach

13 | Mango, Salgon-Sal Kang Moong so. so Mangostana, San Chuk Tsa par des............... 25 | Orangea, Tim Chang Common

Small Tal Kut .............................Caity -Mandarin-Tim Kül” ..................... Olive-Pak Lain

14

11

13

*Passion Fruit Gack 15 Feim, (&maican)--Kam San Shat Li D

(Canton), Cooking-Sa Kalim

[I

H

8 Feanuts,-Ft Saag inmunasamsonARENDA Persimmons, Large, Hung Obißožem. *30

Fins apples, 1st quality-Sheung Poon 18

T! Paw-law mpnunnutach

+1+19* *

14

» · Leg-Oka Pol ayenneiervormistamise # Fal or Lard-Chu Yad no 38' Sheep's Head, and Yast-Yeung Tan Keoko...$64

*

(535

*

11

direct attention. But they remain supine, norite, ned the total increase in the valuation of TEXTURE COMPANY, Central Build one apparently casing a rap about the credit of the 250 acres would be £17,510. planters collectively or iven individually.

EVADING REDFOREIN:LITY.

NO WOLDEN HEADED IDEAS.

HE BRITISH-FOREIGN IMPORT & ings, Liverpool, England, is prepared to Incave Cossigaments of 'Local Produce on best/terms.

455

We hope, there remuks will make it clear that we have no wooden beaded ideas about STATE OF NORTH BORNEO. att rubber befog of iba sime value, and that wa do not wish val eis to perform their duties with no greater intelligence than can be found inside the covers of a seady reckoner. We want the value to take his full responsibility," wa wast him to work so fixed and logical principes and, ab va all, we want him to refrain from making himself nod his business ridiculous by firing valuations on lives for which seher

Lyme nor reason can be adduced,

TENDERS TOR REVENUE FARMS, TENDERS are invited for the lease of the Revenue Farms in the State of North Borneo from 1st January, 1911, as set out hereunder

H

and cooking-Chung-tang

·Paw-law ........................

.18 | Plataips—Tai Chla’ameramanıtımçini

50

Pigms, Swalow-Hang Lal'savinin Pomelo, Slam-Chim Lo Yen ..........each Walnuts, Hop Toŭ atsioonima

Green-Sing Hop Tou.........

6 Heart Young Sam...smintich Kidanys-Young Yla ma Liver-Young Con

Sucking Pigs, To Order-The Chal

9 Shanghai Lo Kwal korenine

24

21

31

Seat Dest-Sang Ngan Yað „la....... n

Motton-Sang Yeung Yan Vaal--- Ngan Obal. Yuk.....................

2:4

·་་་

10

» Santages-Ngau Chu) Yak Tong, „

POULTRY.

Chicken-Kal Chai

Teaders will be received at the Office of Capons, Large, Small-Sio Kal......... a z o'clock nosa on the 1st day of Uctober, Dort K. Bach the Government Secretary, Sandikan, up to | Deckāmā? mesimesimenangi obrazkovalecos që iglo, for the purchase of the exclusive priviķegas

Wies a viluer thinks that it is his duty or when it appears to him to be 'his' interes', to place a high value upon a properly, he should be prepared to show reasons for his estimate and to stake his reputation as an expert ogʻits accuracy. As le capcot be an expert on future sell og prices, be does seither of these things in telling down a range of profits largely in excess of there accepted by such authorities as Mesels. Putty and Muraour. 16 challenged, ho can reply "That is my opinion, and he might | say the same if bo'assumed a profit șl. 10/- par A› alternative method to that we have sug.cf the Farms enumerated below for a period Eggs, Hen--Ka! Tü¤...................................per dez Ib. for the next ten years. As V. Maurice Rested is to add to or daduct from scale valua-off, or 3 years commencing on the 1st

Jindary, 1911, Maude, (manager of Cicely Estates) said in a tion'a percentage which will cover defects er recent tote on this que tice. It is impossible recognise exceptional quality. Thus the Mexi for anyone to know what the price of rubber la mum Scato valuation of four year old rubber is going to be in the future" We cia caly beato per agro. A value considering the guided by probabilities, who take all the risks, ara entitled to the benefit of the doubt. If the extimate made by the Governor that 70,000 toos of rabber will be produced in Malaya six

· years hence is realised, we may be vary certain | hat the period of high profi'n in destined to be of brief duration,

subject of his valuation to be so percent, below maximum would valus at 110jif he thought it so exceptionally fine that it deserved a sort of prem'um váluation ke might add 15 par cent and make it £275.

We have heard that our scale puts iba v:lue of young rubber 100"low and the 'value of old | rubber too high,” That, howe'er în împre̟şibir, The principle of the scale is that each part of it

The expert who wishes to raise or lower the price of an estate must do so on the basis of ↑ something that is within his own power of represents the exact propariion in which rubber astro méal' ke aa'export. If bo is worthy of of diffs ent ages contribúes to a fiva or:teVED the name, he knows infinitely more about the years' purchase va uation; such valuation being Prospective su'pul of subber from treen under ibe et profits from the whole in the period given conditions than he dies about the world, | wated. The different aga values, therefore, sin -supply problems which wildetermine selling theoreticilly and mathematically accorate.

prices. It is on outputs, therefore, that the | Ezelitų Zimer, expert must baie a higher and lower estimate

of the value of a property. In the scales wo

| have given--Average and Maximum-wa⋅ pro- „vide material to serve as a galda when valuera put down figures at random, or grossly in ex- cess of what fỷ þist 6 d by esparlence, But we know that treei of equal aga may give yieldi dffering by as much as hundred per cent, and

Auction.

BY ORDER OF THE MORTGAGER,

R.

PUBLIC AUCTION.

:

tte re' possibility & sis upon a value of statins M. GE on LAMMERT has received

holy and accurately what rubber trees under the conditions of the estate he is valuing will prądoco.

TLE HELPFULNESS OP A ̋ÍCALY.

A scale is no obstacle, but on the contrary a great assistance to any intelligent valor who wishes to give the public accurate inl.rmation. It is a mistake to value rubber trees- simply by their ngr, though age is put down for general |› guldance, and we krów, broadly, speaking, what average yield may be expected from well- cared for trees of any given ag: on good soil. But there are thousands of five year old trees which have been planted in bad woll, or retard ed by weeds, or cvzrokadowed by cocoobis, or planied too cijsely, which show less develop ment and promise if productivity in a posied of five or seven you's then well cared for trees half their age.

instractions to sell by

PUBLIC AUCTION,

TO-MORROW,

|

The Farms above referred to are the Opom,. Spirit, Gambling, and Pawnbroking Farms for the whole or part of the State. Copics of the Forms of Contracts for the Farms and full particulars of the condiiloss to be observed by tenderers may be seen on application at the Office of the Government Secretary, Sandakan, or of Mesirs. Guthrie & Co., Singapore and Penang, or of Messra, Gibb Livingston & Co. at Hongkong,

The retail rates for Chandu fixad by Geverament for the Opium Farm for gti, 1912 and 1913 are those specified below vix,

For every 3 has packet

Fowls, Canton-Kal

#

VEGETABLES, &a.

Artichokes, Shanghai-Sheung-Hol Ah!

Chi Chickensiano ka

10 Bezos, (Froch) Macao-Oh Moon Pia

Beans,(French), Stanghal-Sheung Hol

Pin Ta

TaòKTU JUSTLE TUAK DUKAS

30

32

Beans, Spront-Ak Chol...............

Beans, Long-Tán Kok inanimi Best Root-Hung Chol Tan....qui sach |Brinjala, Groen-Chang Yota Ker im

13 | Brinjale, Rack-Hang Ker «akarta |Bamboo Shoots-Chook Shua imaau

15

Hainan-Hol Nam Kaf mine ş

10

13

24 Cabbage, Chinese, com—Kal Choy.ne Cabbage, Red---Kzi Lan Ta¤' .........ntach Cabbage, (Shanghai)—Yah Ua »!..... Cape Shoots, bunch-Kan Shan..... Csalidower, Large size--Tal Yah Chof

Gene-Ng

Genre, Wild Shanghai-Sheung Hol Ya

Ngo ............

palr Mask Deer-Wong Kang....each | Hare--Tu Chal...............................

Pártaldge---Uhu Khoo, miserant,31 Pheasant-Shan Kal............................................pair Pigeons, Canton-Pak Kopien dach

Holkow-Holkow Pak Kup „

H

Quall-Um-Okun

Rico Birde--Wo Ya Cheok .......................dotta Salpo-Sa Chal

***

50.14t

tr

4

**

019

13

0.24

Н

#

...

*

3 chi receptacle

2.44

59

2 tabil

4.20

Tarktys, Dock-Fo Kal Kung

each

per

Rangiong, ich June, taro

[434

Na

д

GREEN ISLAND CEMENT COMPANY, LIMITED.

PORTLAND CEMENT.

In Casks of 975 lbs, not. In Bags of 250 lbs. net.

SHEWAN TOMES & CO

General Managers. Hongkong, [th Amonat; so'n

the 26th day of August, spre 12 Noon, Public Companies.

at bis Skle Room in Daddell Stree',

Victoria, Hongkong,

In Three Lois,

THE FOLLOWING VALUABLE LEASEHOLD PROPERTIES

situ,le at Victoria aforesaid, viz. : -

HONGKONG "AND SHANGhai Bank- ING CORPORATION. THE DIVIDEND DECLARED for the TM-year ending 33th June, 1910, at the

L011 ALL THAT P ECE or PARCEL ti | Tate, of Two Pounds STERLING per Share of GROUND koown and registered in the Land | Stag is Payable on and after MUNDAY, the Ofices Section E of Marino Lot No. 116 22nd Augus, Current, at the Offices of the together with the messuage erections and Corporation, WHERE SHAREHOLDERS ARE Nolik Lane. Area 910 square feet. Term buildings ibereon, known as No. Store REQUESTED TO APPLY FOR WARRANTS 959 years. Annual Crown Rent Sipző,

By Onder of the Court of Directors,

N. J. STABB Acting Chief Manager, Hoogkong, 20th August, 1910.

Lot ALL THAT PIECE or PARCEL of GROUND koown and registered la the Lad Office as Section of Marine Lot No. 116 trgther with- the... mensuago erections' nad buildings thereon knowa ës¡ No..., 3, Sigun.

LIMITED.

"NOTICE.

#

Hen Wild Ducks, Shanghai, Sulap pair Teal, Shanghai, But Api Chali Wild Docks Cantos--Sang Shing Sal

seremonijāt pair ·

FISH.

Barbel-Ka Yuumema Braam-Bin Ya.mium p. Canton Fresh Water Fish-Hol Bla Yo Carp-Li Ya ringi l | Catfak-Chik Yūsamanstimuujen j Godfak---Kun'„VilmosenereisenaLORIDOTAIN, DE

Gottla Fisk-Mak Ya monen O NON Dab-Sa Meeg Ya, musimanner. 39 Daco-Wong Hai Ltta minimum 21 Dog Flaḥ---Tit Tu Sa Wals, Dongor-Hai Maa Ya

n. Fresh water-Tam Sa! Yu

Yellow--Wong Slamesonne n Frogs Tire Kal

Garoups-Sak Pab secoptera mediates t Gadgaon-Pak Kap Ya immers Horringe Teo Pak Huspt Chessy Ke

|- [549 || Labris-Wong Fa

Loach-Wa Ya.

Mackeral-Ch) Yn: -Kank Flih---Kop Mullet-Chal Yo Oysters-Sang Hoo TM accordance with the provisions of No. 124,

Parrotisk--Kal Kang of the Aricies of Association, the General. Agents have this day declared an INTER(14) || Purch-Tax Log DIVIDEND of 3% for the ball your coding Pike-7 Pam goth June, 1910, on the Paid-Up'Orp‍tik Place Pan

DIVIDEND WARRANTS payable on Fom TUESDAY, the goth August, will be issued to shareholder en applicatione

The valu: of a rubber tree is not to be deter Nullah Lare Area 794 square feet Term CHINA SUGAR REFINING COMPANY, Lobators-Long Ha mined by its actual ogo; tu! by its state of | 999 years. Annual Crown Host $14.95 Jan development, and prospective fialtfaleess com. Tot 3, ALL THAT PIECE or PARCEL of pared with trees in good soil which bavo: beka | GROUND kaowa and registered in the Land Office as Section G of Maitre Lot No. 16 skilfully cared for from the momsat they, wire

together with" ile misiuige erections and planted,

buildings" thereon known as: No. 1 Binte fë' might have been misleading, we think, to Nullah Land, Arek: 915 square feat. Tim `put forward a ón x'mum se,fe that would be | 979 years. Annual Crewe Rent $.5.756** aranzate only in, segird to itres or four prai

For further particulars and conditions of per is 1-however, an experienced-valuer, safe, apply to

Masin. JOHNSON, STOKES & MASTER, gives ressore for believing that is a particular

- Princia Bulidings, Ice House Strap, place,“noder clearly specified conditioon, the

Solicitors for the Vendor, yield will rxceed, the figures given in adı Maximum waɑshopid unhesitatingly accept bis' assurance, He must not take small plats Exceptional excellence and treat them as

MY. GRO. P. LAMMERT

The Auction

Hongkong, 19th August, 1910,

The TRANSFER BOOKS of the Company! will be CLOSED from the 17th to 30th Adʻzusti both days inclusiya, di confr KAYE JARDINE, MATHESON A / General Arrats.

Oxalidower, Medium size--Cheang Yah: * Chot-latach.” Challdower, Small size-Sai Yah Chófifa- Carot-Kam Skea sea and son Lesso Celery, Ohlsass-Teng Kan Choy sa Galery, Kagliák--Yeong Kan Chol .........

30 Celery, White-Pak Yeong Man Chalis Chillies, Driad----Con Lat Chiu sering

Red---Hang Fa

M

Green-Chung Lai Chin mom w Curry Steff, English-Ka Lee Gho! Liu, aß Cucumbers-Ohang Kæderpaanivarian 65 | Bifter Squash-In Kwamainasiasan Garlic-Suen Tüüsimine mauvaise 55

Ginger, ronpg-Sun Tør Keung mussen

cald-Lo Keong visitanómissan Horse Radiah, Shanghal-Lik Kab... Todlan Com-Suk Mal sejumisplace LitocesáYoung Sung Chol inimita Water Chanuts.Ma Tal me

Mundaria--Kwel Lum Ma' Tai „ Kask Maien gett Mushrooms, Fresh-Sang Cho Kho......

*

to Galons, Bombay-Young Ohang Tao,

Gravo

Sang Chua CHO TA NH

#

16 ⠀⠀ ***** | S'hal-Sheung He! Okung Tau Japan-Yai Poon

11 Okrobio Ker ima

77 Parulay, English-Yaung Du Sal 25. Groon PHÁT Dong 100.

14 Potatos, Swist-Frh chú, 15:

26

Shanghal-Sheung Hol

Japan-Yst Porn Ska American-Ya Ki Foochow Fok Chat

Macao-Oh Moon, Fampkla-Toong Kwon gendermeyaha 36 Radish-Hang Lo Pak Taal

to Shiloe Gea Dur Thu

18 Splunge (Ukinusa)...«Paw Okol

18 Splach-Via Chol

16 Tomatoes

Taron---Wo, Tam

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