The Hawaiian gazette., 1914-11-27
RUBBER PRICES
BECOMING FIRM
Condition Of Malay States Com
pany Is Encouraging To
Local Shareholders

Fred T. r. waterhouse yesterday
mailed circular letter to the share.
horlers IN the two Malay states rubber
companies which indicates very salts
factory outlook. There Is strong prob,
ability Of these plantations arriving at
a dividend paying basis at an early date,
he says The letter in part follows
Plantation Crepe Rubber
- Our last circular letter was dated De-
tobcr 81, 1914, in which letter We quot.
ed the price Of plantation crepe rubber
in singapore at AZ cents pound on
October IS, and on which date the Lon
don quotation was 2s 1.4d Plantation
rubber on October IA was quoted in New
York at 81 IL cents.
Tho outputs for September from the
plantations were ms follows: Pahang, 49,.
625 pounds; Tanjong olok, 1851
pounds.
The outputs for the month Of Octo
her, as received by cable. were Pahang.
sl-6po pounds; Tanjong olok, $1,000
pounds.
"This makes total output, for the
first ten months Of this year, as follows;
PahahR, l60,295 pounds; Tanjong Olok,
l62, $50 pounds.
1.-THE outputs for the corresponding
ten months Of last year were: Pahang,
9o,243 pounds; TanjDng Olok, 1899
pounds.
z "Fiftylninc Thousand trees were being
tapped on Tanjong olok Plantation at
the beginning Of October, and on the
10th, the latest mail advices, they were
tapping 6l,4l0 trees out Of q total Of
100000 trees on the plantation.
"Sixty thousand trees were being
tapped on the frst OF October on Pa
hang, as against 6s,967 at the end Of
July. We have mo adyices rs to how
many trees were being tapped on Octo,
Der 10 on Pahang, hut on both planta
tiong conditions wste reported TO be nor.
NAL The cablg Jadvices also stated that
both Pahang And Tanjong Olok plantn.
tions were IN excellent condition.
Young Trees Bearing
"Qnitean acreage Of young trees win
come into bearing next year ON Tan
jong 0lok, but it has been decided to
wait until after the wintering season,
or the end Of April, before opening up
these young trees.
with the increased yields, the cost
OF production Of rubber on the Tanjong
Olok Plantation has been brought close
10 80 cents per pound, which includes
fine upkeep Of the unproductive area and
certain permanent improvements. The
cost of production on Pahang is approx.
imately two cents pound higher, or 32
cents a
Early in October II was deemed wise
70 make forward sale Of FIVE tons OF
the November crop on each plantation at
a price of 40 l-3 cents per pound, which
insured funds for running expenses of
the plantations to the end Of the year,
regardless Of market fluctuations. This
leaves $1,000 pounds Of this year : Tan.
long Olok crop and $4,000 pounds of
the Pahang crop to be sold ut the mar,
let rates ruling at the time of deliy,
cry. Since then conditions have i'm,
proved considerably in Singapore the
Emden has been destroyed, and regular
shipments resumed
Britain Prohibits Exports
son October 20 the British govern.
ment issued proclamation prohibiting
the export Of rubber from their colonies
70 any place but the United Kingdom,
the idea being 10 prevent crude or man.
ufactured rubber from being supplied to
Germany and Austria. This paralyzed
the rubber trade in Singapore for few
days. \
''Our last adyices from New York
were dated November 10, on which date
rubber for January-Jun 1915, delivefy
was offered at from three to four cents
below spot quotations. ..E
Embargo May Be Lightened 49,. .
1.-THE probability is that the British
government does not expect to need the
entire plantation product for the next
six months, but proposes to be In posi-.
tion to let none Of this rubber 90 through
any channels where il might ultimately
help the enemy. 1t is quite likely that
rubber will be permitted to
leave London for New York, where 1t Is
accompanied by satisfactory guarantees
that II will not later find its way, in the
form Of tires or other military equip
ment, to the armies of the two Kaisers. -
g.. Il