1910-10-07 — Page 5

THE HONGKONG TELEGRAPH FRIDAY OCTOBER 7 1010

THE RUBDER OUTLOOK. pilcen substantially in advance of those which now obtain for this particular brand of the com- One or two develop nante lo cospection with modity ? That this forward baying has bron: Plastation Rubber shares apparently have almost entirely upon American ec2:00! Is easily given rise of late to some uncasiness on the proved, and while it may be taken as partial part of Investors ip these issues, A rather proof at any rate of United States shortage common quzzilon which reached us from cor. in the matter of immediate supplies, it brings respondents all over the country and the Con- to notice another, and in many wall, a Hill tinent is based upon the assumption that the more significaal fic: in coroection with planta. raw rubber market is, to all intents and par- tion rubber. If the Middle East product facked pores, face to face with an over-production those industrial qualities we are no frequently problem. We have endeavoured to show, as told It 'don, would shrewd Amusicon's be occasion served, that such an assumption, so buying all they can get of this particular far the imm diate and the near future are commodity and baying forward as much as concerned, is absurdly erroneous, 50 far as they can obtain of it? We do not think so. we can gather, the origin of tbls wanksiness is The position, then, so far as the world's supply based upon the very substantial increase in the of robber gees, seems to us to fvour a main sastter of ou pois reported during the past year revance in selling values for some considerable or so by the leading rubber-producing com time to come. Vilues must fectuate, of panics in the Middle East, and seemingly quite course, but the plantation subber shareholder a number of investors in this class of securities who allows what must be only a passing me have rushed to the conclusion that supply is lapse in values to shake him out of hit bold bou d'in immediately evo.take demand for Ings is better away from this shuid market the commodity. It is to be feared that thereal ogether. I is time carogh to feel uncary- good people have oversääked ons very im. | if one mur-when. Armayaldon comes to portant fact in this coqueciion. Some years | 1913214--whas cultivated and wild rubber will ago it was customary to“ look, apan the hwa a stupendous war for supremacy. But riss in the anatal consumptive dimand for even theo we are confident as to the side which the commdity, as something like to per cent shall, which indeed must, wiɔ,--Financier.. per ascum. That is to say, that, id rgoo tha world-used so many tops" of new rubber, the demand for the austing yer-igo-would be to per cent greater. This ratio of increase was a perfectly irgitimate calculation ten or even five years ago, but can it be roi i that in 1910 tho sama ratio holds good? We thick not; indeed we know that such is not the case. While we ́declina to follow the optimists to the extent of a zovor aj per cent fecrease per asoum, and to accept this as inevitable for years to come, we ciobat deny that the raperesat aquval increase is quite in th face of „cknowledgeifacts in this particular connection. “Roughly speaking, the world's' demand for now raw rabber-be words are, worth omphasising-it increasing year by year by soms 20 per cent, and this the minimum of improvemen: admite by the most conserva ive authorities. But, area if we acknowledge and recogaite (19 we do) iba very cobantial increasio (Le Middle East planta tion outputs during the past and the current year as in many ways remarkable, these in creates do not and cannot for romslmar to`) come be expected to equalise the difference ba:ween actual demand and actual supply.

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CRUISER "SAN GABRIEL,"

TOY MAST CARRIED AWAY,

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TRAM-CAR CONDUCTOR

ASSAULTED.

STONE-THROWING BY A TAKE.

There were a sumber of tram-car prosoco- tions at the Magistracy, this morning.", lu the first case, a Chinese employee of the Taikos Dockyard was charged with refusing to pay his fara and alleged assault on the conducter at Shau-ki-wan on the 24th September last.

The complainant sisted, that at about 6.30 pm, on the date in question, bls car was pro- carding from Causeway Bay to Shou-ki-wan, At the Sai-Watch Market, he asked dafendant and come four or five others to pay their fait but they all rifened to do so. - Shonly after. wards, be again demanded the fare of the de- fondant, whereupon witness was seized by his ticket-puncher and was assaulted by the de- fezdnot. Witress blew his whistle and the car stopped. The man at this pilst began to leave the car and he was struck on the arm by the Zofindant, who shouted out to the others to strike him. The motor-man interfered and separated the men, at the same time asking the defendant to desist. The defendant got down from the car and began to throw stoner at bim, one of which hit him on this hack.

The motor man of the car gave corroborative evidence.

› Mr. J. Stodun Kennedy, general manager of (be Tramway Company, spoke to receiving a report of the occurrence. He took the laut. twa,witaɑsses to the gateway of the dockyard, where the defendant was identified in the pro- | seace of Inspector Collett.

The case was remanded till Toosday at si

The Portuguese criter San Galrid, which arrived 11 Masila Saturday bad rather a hard time on her voyago over from Hongkong, Sha lost one of her top masts and had a bad tripa,m. generally, though she arrived in pretty good time despite the set-backṣ

HONGKONG CRIcret club.

The preblog math of the season will take place to-morrow alteraton comin•ncing at 2015: p.m. between the first eleven and the last

1st X. Hancock, W. C. D. Tureed, T. E. Pe rco, H. Hasetek A. C. E. Elborough, F. E. O Bird, H. D. Sharpie, H. R. Makio, A. H. Young, Capi, G. F. Garastt, R.A and Lt. H. G. Bagnall, a A"

A

In the second case, a paint-scraper was freed | $10 for attempting to avoid payment of his fare."

TAILOK'S CLAIM,

1LECTRIC COMPANY SUED FOR DAMAGES.

Attlis Summary Court this morniog, J. T. Shaw, tailor and outfitter, seed the Hoogkong Electric Company to recover the sum of Syo.go as damages for alleged negligence on the patt of defendants and their servants.

Mr. Harris on behalf of the plaintiff 'applied for an order for mutual discovery.

The Pulsne Judge÷I'll grist the applica-

MA Harris-Damages for negligenco.. How long will it ta' e 7

1. think it will take one day. What's the nature of the case ? and spoiling a suit of clothes,

Koocking over something in my client's shop

The Rest-Hop. Dr. J. M. Arkibson, (Capt.) D. G. E. Aubrey, A. P. Dashwood.. Rtion. What's the nature of the case? If they had dopa so, would any ressonable Pestonjec, M. M, Maas, U. F. Chagmio, G. A. ps10 expect to see raw rubber quoted al Its Cooke, RM., A. P. H. Rouquette, "R.M., R. F. present-level? The fact that both fiae bard Long. Cal. H. D. * tiapɔle, A.BG., M. Reader Para and the best plitatio› rubbers have been Harris, H. R. Phelips, G. A. Hastings. quoted at subilantially higher prices than" is | Capt. D. Clpbam, R.A A., R.' Lowe, now the cats during the current year is a proat C. T. Hose, L. R. Tippen, R.N., D. E "of any material cessation in the industrial de Dannelly, P. Jacks, Lt. F. B. Hitchcock, mind for the commodity. Valuns were rashed | Rag A, R. Sutherland, Lt. D. K. Anderson "up soma mort'is ago simply because the largest | (Buffs), W. E: Warburton, Lt. J. Craskenden actual assumer (both in the matter of raw (Buffi), H, W. Sayer, and Rev..D. W. Payne. material and of goods miqufactured therefrom) was short of supplies. Wails it might be going too far to say that at that time it was a question

of rubber at any price with the United Stater,

It is inquisilocably true that manufacturers

-on the other sidę had not only to di' their best,

THE SHANGHAI VAOLAI.

CASHIERED BY THE THRO (3,

daaounced in accordance with the facts...

In the face of advancing values, to keep their rocks up in a cerisia pe ceòlage level, batis published in the M. G. D. News: la respect 1 be following Imperial Décres of 191þ ufl.. oibers were so bue that they figured to the "market as he d-to-mouth buyers. The fact to the 'memorial by the Ministry of Finance to that fra considerable period in the immediate the effact that the Customs Taciai has lightly past the selling price of five plantation rubber med important fonds and that he is therefore was rubs antially, above the selling prica ei it be observed that Tin Nhi huang, has of the erstwhile standard of the commodity exploited official fonds with which he is dealing -pamely, fine bard,Para-app:are to 'to fluid à conclusive proof of this conten.

for purposes of it. fit, an i to further his private ends. He is of evasive and wily temperament tion. That the Amino Valley in the past and bas disregarded the public interait. It is season failed to ree to the level of expecta commanded that he shalt first be cambiered ↓ fins formed as to the output during that period and father chin Jat choo and Chang Te cactt be gaicaid. Perhaps the coming sea chuan are commanded to direct this cashiered sod will m reaço to show a very substantial in.

Tacta to repay whhin a compulsory period of Create upon that of the one to which we refer.

two months in accordance with their exact It is fimpossible to say to what extent this out-

-amount the officiat funds which have passed put may be increased during the easul og period through his hands. And if after expiry of the from Octoberto April. The prospect torns wholly limit he has dot, made, repayment, he will upon a matter of fiance. The United States again be most severely denounced and dealt have not been in a position to do much more in

wub. This is the ‚mperial Édict, this direction for 1910-st than they wore for 199-10. Cantinental money certainly has not been lavished upon the South American rub. beriodustry during its tae've months oz koj we know where 93 per cent, of British money

RUGBY FOOTBALL.

lovested la rubber bar gone during that The following will represent the Club in a period. here is an inclination, wa uste, in match against H.M.S. Kent on the Club ground camilanders to lok to Africa for sabeat Happy Valley to-morrow (8th). Kick cl stantially increased supplies-sufficient, it is 4-30 p.m. Full bick., T. J. Fobson, Thres thougti, to make good the difference between quarters; J. C. Ridoris, H. G. Hegnty 1 G, D, the enlarged consumptive demod and the Mcllwraith, C. A. W. Fenier, Halves: J. discrepancy between actual output and actual McGregor and T. Cocker, Forwards; A. Tem; demand the South American figures will perley, CF. Casoingham, W. Rair, H. doabileis ihw, all swance belag" made, of Bates, D. J. Ciasemao, J. Bell Irvig, A, H. courie, furthe Middle East yloid as a factor Reiss and H. W. Loner. In the problem. Africa, as far as concerns wild rubber la regions controlled by civilised "States, in undergoing a process of ricupera. tion, however, and wa tako laava to question whether from that satineat the quantity of really high grade robbar receivable in the immediate future will materiṣily affect the question of supplies for a year or two lo come, at tny rate,

· Do you want a jary ?- : Yes,

The case was adjourand. The 'question of a jury is to be duly, discussed.

A FIRM'S PARTNERS,

WHOM DOES THE SOLICITOR REPRESENT }-

A somewhat peculiar case came on before Mr. Justica Maz:Jand, Acting Chinf Justice, in the Summary Court this morning, the parties to the action beis r the Ying Tai frm against the Shun Kee firm for $168,08 and the Hong

Fat fi'm against the same defiùdants for 8000,

Mr. P. W. Geilog stated that he appeared for some of the defrodants.

1.

|- Mr. Harris-There, tra only twa defendants, Mr. Goldring-Then I appear for the firm. The case was adjou,ned for a week in order

COMMERCIAL

50th October, p.m The following quotations for rubber shares by wire, are supplied by Messrs. E. S, Kadoorle & Co.

Allagars Anglo-Javas money, mimo 115. 7.

Balgowales

Bata Tigas

A jää

Bukit Kajangs (pp.) .............................................. 59/- Bukit Rajaksanuguan maist Carey Unitetis.............17/5 prem. Castlefields

105/ Obangkat Serdange in 59. Cheras (part paid)..........................................$8 prem, Da, (fully paid)..main som§°8 Damansaras....143/5 Eastern Internationals..............I 1/6 prem. Fed. Selangor. Glennslys $1.75 Gleashiols COLUM

-

Golconds........102/6 Golden Högesine meosures Highlands and Lowlande i....................102/6. Lodragitis or intakes comprarını $15 Inch Kenneths.

Jequies.cuminiumterminis me Jongianders... AMERININ DA ***** Kamunings...........5/- prem., Kuala Lumpors15~|- Lunadrons (fully paid) Lanadrons (ppd.) aiseeeħuseumsins Labussstested:

**་*་ད-་་འ-་་ཏ་ Ledbarys..

..72/6 Lloggle......................... 10.44]. ex diy. London Asiatics........... London Ventures... Merlimaus........................Õƒ'

Pajame.

Pegoby................$16 Rubber Trusts............16/3 prem. Saggis ....................................... 270). Sandycrafts ....................................pmid: 28 Sapongasconi'........................in

Scafalds

Schooge... 11/3 prom

Shelfords...........................................70/- Singapore & Johores ............................................$12 Sumatra Farás.......10/ Sangel Choht.... ...........................................85!• Sangal Kapars 13/3 Tandjorg# i...........................aniu » Tangkahaninemarum:::37/6′′ Toerangie .............................2/-prem Diy Ranta...

United Serdangs............................101,6- Dalted Singapores....$1.25 United Sumatra 8/3 United Langkats.....80/-

"Tronohs

6/, per lb,

Para Rubber... London Asjatic Company have declared as Interim dividend of 10%.

UNITED SERDANGS,

To-day's Advertisement.

-INDO-CHINA STEAM NAVIGATION

COMPANY, LIMITED,"

FROM CALOUTTA, PENANG AND SINGAPORE, HE Company's Steamship

THE

#KUMSANG"

having arrived from the above Ports, Consignesi of Cargo by her are hereby informed that their Goods will be delivered from alongside,

Cargo, Impeding the discharge' or remaining on board: aftar 4 P.M., the roth Inst," will bi- landed at Consignee's risk and expense. :)

No Fire Insurance will be effected.. Bllis of Lading will be countersigned by

JARDINE, MATHESON & Co., LD.,

General Managers. Hongkong, 7th October, zero

Glenonlys bave dropped to Sij at which price thay c'oss in demand,

utimations,

ORANGES

"WASHINGTON

NAVEL

80 cents per lb.

APPLES

TASMANIAN STURMARS"

20 cents per lb.

THE DAIRY FARM CO.,

LIMITED.

Ir drag is can probably be placed at Sig}--- Pegobs remain steady at $15, with probable bayers at $37,

ASAHI

Sandyérofis hava assid down to 525-at which rate they are procurable. •

ASAHI

ASAHI

Singapore and Johoras hava wankened to $13 with sallera,

and

U.ied Singapores have been dealt in at Sri, closing with more inquiries at $NS. Pantais are unchanged at $2.00. Elphinstore continue in request at $3. Alor Gajahs are inquired for at Sz). New Serandahs are weaker and afforing at

AWARDED GOLD MEDAL

SAPPORO

SAPPORO

SAPPORO

BEER.

ANGLO-JAPANESE

(Tronoh) tin minca havo bean dealt in at 31/ and 3a-closing sinady,

Shell Transports, is consequence of the | collapis of the arrangement mentioned in our last, hi ve weakened to 78/- after sales during the week at 85/^, 81/- auid 81/-,

Exchange. The Bank's closing T.T, quola, tions are as follows:

On London...)/$ Shaoghal.731 Slogapore...?? 3/8'

ELLIS & ELLIS.

EXHIBITION.

PRICES:

4 Dos. Quaris if......$12,90 per cziR 8 Dex, Plots $13.50

OF ALL

WINE

MERCHANTS

CROWDED HOUSES EVERY NIGHT.

THE

GREAT

THEATRE

ROYAL.

CITY HALL.

NICOLA

The greatest sensation ever seen in Hongkong.

TO-NIGHT!

A MOST SENSATIONAL CHALLENGE.

Volted Serlaogé (Sumatra),-August out- pal: Rubber 1,571 lbs; corresponding month last ser, 2,130 lbs; increase, 9,141 lbs. "Total for 11 months, 67,693 lbs; total for sams pésion By last year, 17,373 lb. Coffee,99 picuis; corres- poaling month last year, 235 pleuls; decraLSO, 135 picals. Total for 12 months, 361 picule total for same period last year, 4.316 picals,

-RUBBER SHARE MARKET,

Hongking, 7. October.

The weaker ton of the Rubber Share mar ket at the opening of the week gayo way yes. terday to a partial revival in the loading"

NICOLA

WILL BE

NAILED IN A BOX members of H. Price & Co., the box being of their own construction. Nicola agrees to make his escape unaided and

to leave the box intact.

A MOST REMARKABLE FEAT.

TO MORROW NIGHT

to enable the patties to arrive at some arrange producers whan cabled quotations from Loa.THE MOST DEATH-DEFYING FEAT EVER meat.

SUIT BY SHANGHAT FIRM.

IN THE SUMMARY COULT.

B.I.re Mr. Justice Harelaad, Acting Chief Jus.ce, in the Summery Court, this morning, the obrat Dollar Company, of Shanghai, filed suit painst the Hongkong Merchants' Agency to recover the sum of $513.54. Mr. M. Readır Harrit, of Mesurs. Wilkiosos and Grist, sp peared for be plaintiff, and Mr. J. H. Gardiner represented the defendants.

Mr. Harris Laked for a week1⁄4 adjsarament, Mr. Gardiner applied for a day to be fixed. Mr Hair's explained that the claimants were Shinghui company and they were awaiting the unrival of the manager in the Colony. The case was adjourned for-a-week,

Events Coming.

THE gotown' and cffice of the Ye Sung Cam phor Works in East Yala Road, Shangbai,Theatre wate destroyed by fire in the early hou's of 3rd inst. The outbreak occurred about 4 mm, and the brigade was summoned by the general

ton

AS a result of the delibarallons" båtween' sub, committees of the Foreign Backy and the Shanghai General Chamber of Commerce, it has been resolved that the decision of the Banke not to recognits pathe orders of more than fire days' currency will remata lo^perativo and the end of February, 1911.

Wo Loom-indced, everyone who has follow. ed robber at all closely during the past year or two must know-that the United States menu facturers buvo blön making strenuous efforts to develop Alles's resources, with the object of guaranteeing themselves in the matter of supplies. Huje soms of money have been Joves ed in Coogo and bihar developments iá

AT a recent meeting of the Board of Directors conenction with robbet by American, capitalists and equal'y large amounts have been quietly, of the North China Insurance Company, 1 td., almost surp:itionsly, invested in the Mexican it was decided to recommend payment of a plantail so robber industry. The exset extent final dividend for the year 1909 of 2 per to which American capital is committed in cent on the paid-up Caplial at exchange 7/5h. Africa and is Mexico It is imposible to say. making 15 per cent for the year, and a bonus If, however, the results achieved from such co of 15 per cent on contributory premia Jerp ises hai came up to expectations, and the

Friday, 7th October. Royal " Nicola? 9pm.

Saturday, 8th October.

Dairy Farm Co's annual meeting, 13.30 p.m. Theatre Royal "Nicola" Matince, 3.30 p.m. Thostro Royal" Nicola " p p.m.

„Tuesday, 18th Cclober. Savitary 1d.rd meeting, 3.45 p.m.

Saturday, 15th October Cabion Insorsors Office, annus! meeting,

"

DOUD,

Gymkhana Club, fifth moéting, Ruco Course, 3.30 p.m.

Variety Hotertainment, City Hall'“Bedford" Relief Fand,

Morday, roth October,

|

don advanced rates several points over the lowest touched during the work. This improve

ATTEMPTED.

ment bas bien confined to sterling shares oofy, Nicola will perform a test to-morrow night that

as Singaporé quotatiors, taken all rou d,'thow i funker falling off when compared with the rates roing in the preceding week.

The price for the raw produce after going down to 3e, gỗ, per lb., the lowast recorded since the boom recovered slightly and is quoted LE we write at 6s per lb.

Anglo Malayi have alightly improved and can probably be sold at 21/9,

Alingars bave ag sin been sold at 4/- closing with small inqnicles at 4j6. *-

Kastera lotemationals "were taken off the market daring the maily pa't of the week ar low as 8/6 bat at the closs bava improved to 11/6 at which price they clure leady.

Linggi declined to 49/6 but are now higher and obtainable at 42/6..

will create the greatest of excitement.

`MATINEE TO-MORROW AFTERNOON AT 3.30

When Children and Amabe will be admitted at half-price.

Booking at ROBINSON PIANO Co. Book early and avoid

disappointment. Hanekens yih October, 1910..

THE COOL WEATHER

·1614

London Ventures have changed hands at 6 has now come, so you ought to lose no time

‚and more can probably ba had at the 1876-

Merlimans have bien placed at 4f) and

closing with more inquiries.

Ledbury's costinus quite and without busi-

ness to report et quotation.

London Anístics after declining to 10/5 have rises to 11/6 at which price there ata probable sellers

- Tangkade ura quile at 31/6.

Uolted Serdangs experinucad ilight factva. tions, having dropped from tog/- to 93/» during the early part of the wack, but at the closu ́arn fi:mer at 102/6.

-United Sumairas hiwa impravad to 8/3.

Sumatra Paran bava strengthe.ed to 176 which price these are probable buyers.

in taking

Dr. MacKenzie's Invalid

Stout.

It is the most bracing and invigorating

Stout to be obtained, and is invaluable for

Bantams have been sold at 6/- and 6/5 Athletes when training,

more are wanted at the latter rate,

· Castlefields bavo del fuċtusted and remain quoted as 105/-

Highlands and Lowļauds have slightly im. proved to zoof

Kasts Lampan were reported sold at 135/-

It has the rare merit of being ABSOLUTE- LY PURE This fact has been proved by the

Military Concert at St. Andrew's Hall, (Oliy dailog the early part of the week but now come Government Analyst's examination.

Hall), p.m.

Monday, 17th October. Variaty Entertainment, City Hall

fiaan: i ́il" - backing -- the United States kás A CHINESE consipondent calls our attention | ford" Relief Fund.

"of recent year, accorded the South to the fact that H E. Wa Ting-fang in 'b'is American rubber industry promised to achieve memorial to the Thranu no the abolition of ita „auccess la the matter of "ontpal, regarding | qupue favoured the retention, of the present the maiter from the manufacturer's stand" costams, Quoting from memoir, way hid point, why ikiuld Amurican omissarían hava wrongly represented Dr. Wa Ting fing an bein sconfag the Middle Eut and buying favansing also a change of cʻstume--N, G. D. ip p'adiation rubber fag forward delivery at We

higher at 150/-

Kampoings can probably be obtained at 5/- prom...

....... Ba'n Tīgas ato steady at 90/+

Balgowninu have waakoned to Sio at which 'figure there are small buyarı, qad

Changkat Serdange have declined (a: 573) with boyars at 17.00

In Quarts, Pints, and Splits from

H. PRICE & COMPANY LTD

Queen's Road Central

Thursday, zoth October, Legislative Council meeting, 2.30 pm.

Saturday, 5th November. Camping, Hongkong Volunteer Corpe, ni Pajame are inquired for at the unchanged mate| Tulekom No. 133. Onitome Pare,

♫ Ayat Panas can probably ba’hid at 56:

Ereghere 6th October

Hongkong!

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