August i, kjoS.] 



THE INDIA RUBBER WORLD 



373 



Planting Results in the Far East. 



BUKIT RAJAH ESTATES. 



THE directors of the Bukit Rajah Rubher Co., Limited, at the 

 fifth annual meeting (London, July 6), reported rubber 

 results as follows : 



Ye.\r Yield (pounds). Gross Price. Dividend. 



1904-05 6,81 1 5.?. S.94rf. .... 



1905-06 33,203 5J. 4.48(/. 6% 



1906-07 1 18,982 5s. 3.62(1. 30% 



1907-08 163,521 35.8.87c/. 30% 



The rubber crop this year is estimated at 181,500 pounds. The 

 acreage is 2368; acreage in bearing 720. 



THE CICELY RUBBER ESTATES. 



At tlie third annual meeting of Cicely Rubber Estates, Lim- 

 ited (London, June 23), the report stated that the results attained 

 thus far have been from 159 acres planted to rubber, but that 

 additional plots of about 200 acres would be coming into bearing 

 each year for three years to come. The company's results to date 

 may be tabulated thus : 



igo5-'o6. i9o6-'o7. i907-'o8. 



Number trees tapped 6,919 8.020 9,000 



Rubber yield, pounds 9,184 19,069 43,695 



Average per tree i-33fb 2.37tb 4.85tb 



Average price realized 55.6:/. 4s. lid. 3s. 6d. 



Average cost per pound 2s. lod. is.gd. is. 2d. 



Dividend, preferred lo7o 20% 42^/2% 



Dividend, ordinary 5% '5% SlV^'i''' 



It will be observed that the cost of producing the rubber (the 

 figures do not include London charges) has declined almost as 

 much as the gross price realized. What is better, the cost will 

 remain at the low figure when selling prices have gone up aagin. 

 The selling prices mentioned give $1,785^ (gold) as the average 

 product per tree in the first year ; $2.83^- per tree in the second 

 year; and $4.13 in the third year, despite the lower figure realized 

 per pound. 



FEDERATED (SELANGOR) RUBBER CO., LIMITED. 



At the third annual meeting (London, July 9) the report 

 showed 23,618 pounds of rubber to have been gained from 

 27,483 trees. Sales of rubber (22,872 pounds) realized an average 

 of 3s. 7Y2d. [= 88 i-S cents] per pound. Last year's yield was 

 7871 pounds, sold at 4s. yd. [= $l.ll!/2]. The company have a 

 small and declining yield of coffee. The rubber yield for this 

 year is estimated at 45.000 pounds. The dividend for the year 

 just closed — the first declared — is 8 per cent. 



LONDON RUBBER SHARE PRICES. 



A RECENT circular from Gow, Wilson & Stanton, Limited 

 (London) reports: "There is a steady investment in progress 

 in rubber shares, and the market is beginning to show a healthy 

 aspect," reference being had to improvement since the period of 

 the lowest point reached in crude rubber prices. Prices are 

 given on the shares of 27 rubber producing companies. Recent 

 quotations were \2s. and 13s. for Vallambrosa 2 shillin shares; 

 105. 3d. and 105. gd. for Linggi 2 shilling shares; £3 9/16 for 

 Anglo-^Ialay £1 shares; 135. 6d. and 145. 6d. for Selangor 2 

 shilling shares; £4% for Bukit Rajah £1 shares; £2% for Con- 

 solidated Malay £1 shares. Actual transactions are reported, 

 and in the case of some issues considerable business done. 



REPORTS OF PLANTING COMPANIES. 



NorwiTHST.\NDiNG the great volume of information relative 

 to rubber planting companies at all times available to English 

 investors, Mr. W. G. Tarbet, who has an intimate knowledge 

 of this field, has found reason for issuing a daily Rubber 

 Investor, from 2, Mincing lane, E. C, London, of which about 

 a hundred numbers have been issued to date. The latest 

 number to hand quotes current price of 149 rubber company 



share issues — a few at a discount, but most of them above 

 par, up to 6 times the face value of the shares. Mr. Tarbet 

 is bringing out, in connection with his share quotations, a 

 series of pamphlets, each devoted to the position of some 

 leading rubber planting company — the Vallambrosa, Bukit 

 Rajah, and so on — giving such information as is likely to 

 interest an investor or intending investor. These very ex- 

 cellent reports are priced at 6d. each. 



EXTENT OF PLANTING IN MALAYA. 



The report for 1907 of the Planters' Association of Malaya 

 shows this organization to be made up of delegates from ten 

 local associations in the Federated Malay States and adjoining 

 districts. The report contains statistics from 183 estates which, 

 at the end of the year, reported 417,147 acres under cultivation, 

 of which 111,344 were devoted to rubber. There were 12,978 

 acres under rubber in bearing. The yield of rubber during the 

 year is stated at I5.04i!4 cwt., which would work out at about 

 1,684,620 pounds. The number of laborers reported on these 

 estates was 66,042. 



THE TRADE IN RUBBER TREE SEEDS. 



Exports of Para rubber seed from Ceylon during 1907 as 

 officially stated amounted to 2016 cwt. [=: 225,792 pounds], 

 of the value of 127,175 rupees [= $41,259.39]. What is of par- 

 ticular interest in this connection is the wide distribution of 

 these seeds, including 1942 cwt. to the following countries : 



India 756 South America 90 



Straits Settlements 337 Java 60 



Xew South Wales 187 Burma 42 



British North Borneo 124 British East Africa 58 



Mauritius 125 Great Britain 45 



Hongkong 93 Queensland 25 



The seeds here referred to have been in demand, of course, 

 for planting purposes, and the profit from their sale has been of 

 definite advantage to the owners of plantations in both Ceylon 

 and Malaya. Profits from this source can not be expected to be 

 permanently large, but Mr. H. A. Wickham, in his new book 

 "Para Indian Rubber," makes a suggestion which is supported 

 by the opinion of most of the authorities on rubber in the Far 

 East. He says : "Another advantage in the Hevea over other 

 rubber producing trees, and a point of importance as an asset 

 in permanent estate production — as I pointed out so long ago as 

 the 'seventies' (in my report for the India office) — the triform 

 seed casks of the Hevea contain an oil seed giving freely, and 

 in large quantity, a pure drying oil which is remarkable for its 

 very fine quality. It will also give an 'oil cake' of unquestion- 

 able quality, as all cattle, from forest deer to bullocks, are very 

 fond of it." 



The Hcvca is a prolific producer of seeds, even at an early 

 age. 



JAVA. 



The planting of Hevea rubber continues on a liberal scale, but 

 as yet no trees of this species have become productive. TIte 

 Times of Ceylon has had an interview with a recent traveler in 

 Java who saw no Hevea on the island more than 3 years old. 

 The planted 'rambong" (Fieus) rubber produced here, however, 

 has been of good quality and good quantity, bringing the highest 

 prices for "rambong." 



FRENCH INDO-CHINA. 



The prospectus has been issued in France of the Concessions 

 Agricoles et Plantations de Caoutchouc Tartarin, Societe 

 Anonyme, with 600,000 francs [^ $115,800] capital, to acquire 

 and extend plantations in central Tonkin. There are now 

 50,000 planted Fieus elastica on the estate. Offices : 102, rue 

 Nolle, Paris. 



