TYPHOON DAMAGE
WHEN RENEWING TIMBER WORK
SEE THAT IT IS PROPERLY
TREATED WITH
"SOLIGNUM”
THE ONLY REMEDY AGAINST DESTRUCTION OF WOODWORK BY WHITE ANTS AND DRY ROT.
OBTAINABLE FROM
31
ARNHOLD
& CO.,
LTD.
LA CHATER ROAD.
REPARATIONS
PHONE 1500,
է:
PROBLEM.mencement it, will be perfectell by a
EXPERT COMMITTEE'S-
REPORTS,
(Reuter's General · Screier.) (
PARTS, April 8.
Reserve of 39 1/3 per cent, and other liquid nssels The reservis
I will be held largely in the formn of
deposits in foreign banks.
The bank will be fiscal agent for the German Government, and will be allowed to muke short term loans thereto, but the amouni anti chanc
THE HONGKONG HOTEL desires to announce that the new Roof Garden
THE CHINA MAIL.
TO-DAY'S NEW ADVERTISEMENTS.
NOTIFICATION.
entrance will be avail-NOTICE IS HEREBY GIVEN
able for guests attending the dipner to Bis Honour Sir Wm Rees-Davis on Baturday evening next.
THE HONGKONG & SHANGHAI HOTELS LTD.
PCL 4542
RCXOR
DVENTISTAS AND
BILL, POSTER
THE PENINSULAR AND ORIENTAL STEAM NAVIGATION CO..
•
STEAMER FOR SINGAPORE PENANG, COLOMBO AND BOMBAY.
that a PUBLIC AUCTION #il. be held at the TREASURY OPPICE on THURSDAY, the 15TH MAY, 1924, at 11 AM. for the sale of the OPIUM MONOPOLY in Macao, for a period of three years extending from 1st July, 1924, to 30th June, 1927,
THROUGH BILLS OF LADING' ISSUKD Particulars as to the condition of POR EGYPT, MEDITERRANEAN AND sale may be seen at the Portuguese CONTINENTAL PORTS AND LONDON. Consulate in Hongkong and at the Treasury Office. Dated st the Treasury Office of the Province of Macno, the 31st March, 1924,
· (6) ANTONIO DE MEIRELLES,
Director:
THE Stuamship
"LAHORE", carrying His Majesty's Mails "will be despatched from this port at Nook, on WEDNESDAY, the 16th April, HONGKONG CRICKET CLUB taking Cargo for the above Ports.
TENNIS TOURNAMENT.
Weather & ground permitting the re-play of the match Ng Sze Kwong v. T. Honda
Ticket holders are requested to
consult plan on back of ticket.
ARMED OF THE TEETH. will take place on MONDAY, 14th April. Play to START at 4 p.m. If variety in burglar implements Seats on the Stands will be The official report of the westor of such lous will be carefully counts for anything towards the reserved. Members, Subscribers
· Committer, with ngand to the limited and safeguarded,
Holders of "Privilege Imensures necessary. # balance the The relations of the Repurations success of an armed robbery, a gangand Gorman Budge and to stabilise the Commission to, the bank will be of six men who paid a visit to No. Tickets" may book, seats at the currency, while recognising that pothose of a private client. The bank 1 MT Wai, Kowloon City dis Pavilion up to 8. p.m. FRIDAY, ditical considerations set certain will have a capital of 40 millions of trick, about midnight last right, 11th April. Booking thereafter Limits within which a solution must gold muks, of which 300 millions only spared me pains in their will be at Messrs Moutrie & Co.
andrprise. Between them they Price $1 each, be found if it is to have any chance are to be subscribed in Germany had an electric torch cach, a of acceptane, emphasises that she and abad, the remainder issued in Committee has beer, concerned with purchase of the real property of the hope, a dagger and a revolver. At any rate they had little difficulty. the problem of debt recovery, und | Reichshark. not with ingssition of penalties,
The German President and then sliding a coolis occupant and Bere will administer the bank.ix the sub-tents from whom while the General Board will be they stole $74.90 in money and
jewellery. composed of seven Germans and seven foreigners, (one each. British, Fronch, Italian, Belgian, American, Dutch and Swiss), who will be given brond powars. One of its members will be the Commissioner, who will see that the provisions of the law with end to the issue of notes and maintenance of reserves are ob-
M. Chains U. DAWES.
As Business men they consider it hopeless to build a constructive ecome exerpi on a basis of good faith, all they sobat their plnas, relying on all partiss carrying it out on such a basis.
The Committee srrived as the conclusion that there is no methor! of balancing di German Bulget. temporarily or permanently, ander
present limitations of Gier many's fiscal and genomic rights over part of her and. They, there. I fore, are compelled to hase their! report solely on the hypothesis that fiscal and ecnenie, unity of the Reich must be restored.
The experts emphaste that their forecasts are based en the assayings- tion that economie activity will be¦ unhampered by any form of contri organisation ofher thun that provid. ed by the scheme, All existing measures hangering such activity will consequently be withdniwn de
MACAO GOVERNMENT.
SALE OF ONE MOTOR, BOAT AND THE POLICE LAUNCH "ALMIRANTE LACERDA."
NOTICE IS HEREBY GIVEN
that on the 20th MAY Next, at
When that it is reached, the anul payment by Germany in its own currency in respect of Peace Treaty charges will be reduced to an 2.30 p.m., WILL BE SOLD at the amount which can be remitted Macao Naval Yard, the undermention- abroad yearly. Thus, if the annual ed Vessels, which are no longer suitable liability recommended by the ex-for the Naval Service of this Colony. perte proves to exceed the export of The schedule of payments by Gor-the surus which Germany is able many recommended by the experts to create, the anmul burden will be corresponds to the second algne automatically reduced to the amount tive previously forecaned, except of such surplus, thas 2.500 millions of gold marks are mentioned for the fifth year and onwards, iustend of 2.460.
served.
The liability of 1,200 millions of gold marks for 1925-0, und 1926-7, Will be reduced or increased by 4 maximum of 250 millimus, if the proceeds of the controlled taxes, and Customs on alcohol, beer, tobacco and sugar fall short of one milliard by one-third deficit, or excred, one milliard by one-third excess.
A corresponding provision is made for the reduction or increase in the lability of 1.750 millions of gold marks for 1927-5.
soon as Germany has taken positive ANOTHER OF THE BRITISH EXPERTS,
slepa towariks the plan, such as es- tablishing nighinery whereby the The whole schedule of payments signed seven will flow through will begin to run only as from the Allied control. Such measures will date that Germany regains full eco- not be re-imposed except in case of nomie and fiscal sovereignty in her flagrant failure, when the creditor territory. The payments must be Governants shodi determine the available, not only for Reparations,
ature of the sumtions.
ONE OF THE BRITISH EXPERTS.,
rency.
BULL ENGINES AND BOILERS OF THE POLICE LAUNCH ALMIRANTE LACERDA" with the following characteristics:
Hall with Plank, Frames and Keel in Teskwood.
Length overall 90′10′′-Beam 14'0." Maximum draught 6'3."
The essential part of the scheine is that Gormy shail ise in the first yen a foreign tour of 800 mill-
Engine "Compound" System com- ions of gold marks, in order to pre-plate with all Fittings. H.P. Cylinder vide the mency with stability and 11 1/8" LP. 22-3/16" Stroke 18." fonnes deliveries in kind during the period of economic rehabilitation.
GERMAN CAPITAL.
PARIS, April 5.
Boiler Cylindrical-Length 10'00" Diameter 78." Speed 10 knots. Displacements-about 100 Tons.
MOTOR-BOAT with 15 BE.P. Fay and Bowen Engine; Hull in Obida Pine, Frames in Toak.
Dimension: 27'0" x 7'0" x 2'8" Speed: 8 kuori.
4
The report of the Mekeun Com ittee, which has been enquiring into the flight of Germen capital, The above boats can be inspected at estimates the value of German capi-the Macan Naval Yard any day and tul abroad at the end of last year at are to be Bold under the present between 5,700 million and 7,800 conditions:
million gold marks, making, with The Tonders for the Boats shall be half a milliand foreign money held Sealed and seat to this Office up to in Germany, a grand total of eiglitibe 19th MAY, 1924. milliards
But for all Peico Treaty charges, The report states that the princi- and i interest on any loa. pal method of acquiring foreign| The railway company previously capital was by negotiating paper mentioned will be administered by murlis abroad. It declares that en- a Board of eighteen members, half quiries at the principal Gorma of them to be nominated by trustees banks, assisted by chartered ac appointed by the Reparations Com-countants show that the Germans; mission. The managing director Was made a profit of soven to oight will be Gorman, but a Foreign Com-milliards. missioner will be authorised to take The report enumarates other me measures if the service of bonds can thods for the export of capital, like not be assured.
the sale of merchandise securities The Reich should also provide five and bullion' bills of exchange. milliants of gold marks of deben- [ In order to stop the flight of capi- tutes in industrial concerns, carry-tal, the report recommends. the ing interest at 5 per cent., to be nd-abolition of the cause, namely, a de- ministered by the Reparations Coin finite conection of inflation. mission's trustee.
Silk and Valuablo Cargo for Italy, France and London (under arrange ment, will be convoyed by this Steamor proceeding to Bombay and there tran- shipped to the on-carrying Steamer for Marseilles and London,
Parcels will be received at the Office
until 5 p.m. the day before sailing, The contents and value of all packages. are required.
For further particulars apply to MACKINNON, MACKENZIE & 00,
Agents. Hongkong, 10th April, 1994.
PUBLIC AUCTION
TIHE Undersigned have roosived instruc-
on
WEDNESDAY, 11th June, 1824
commencing at 3 o'clock p.m. at the premises of the Hongkong Tramway Co., Ltd., Bowrington
Canal Road Fast
The Steam Driven Electric
Generating Plant Consisting of ---
Bollers
Two Bibcock and Wilcox. Boilern (complete) each having approximately 3,654 square feet of heating surface, gasranteed to evaporate under normal Conditions 12,000 lbs. of water per hour.
Working pressure 180 lbs.
per square inch.
Both Boilers fitted with chain grato stokers.
Fuginos
Two 428 B.H.P. Ecrizontal Com prund condensing steam engines by Messrs. Yates & Thom of Blackburn, coupled dirret to two 300 Kilowatt Direct Current Dick Kerr Generators.
Vol 550. R.P.M. 100. Complete with steam piping, etc., eto, One 150 B.H.P. Vertical Compound cordansing steam engine, by Messrs. Bellisa & Moro Ltd. coupled direct to go 200 Kilowatt Birect Current Dick Kerr Generator.
Volts 590, B.P.M. 280. Complete with steam piping ets, etc.,
'Auxillary Flant One W. B. Allen Tandem compound The said Tenders must be accompani-engine, coupled direct to a 20 Kilowatt ed by a Remittance of $50.00 for the Direct Current Dick Kerr Generator.
Volta 110. R.P.M. 500. Launch Almirante Lacerda and 850,00 for the Motor-boat which will be
Raturned to Unsuccessful bidders
after the Auction.
The Balance of the Purchase
Money must be paid by the Buccessful
Bidders within 24 hours from the Acceptance, and the Bosta removed within 8 Days.
OTHER MATERIALS considered unsuitable for the same Naval Yard, will be put up to Public Auction on the occasion, and the Removal of the same must be Immediately after the Payment.
Secção de Administracao e Con- tabilidade de Marinha Colonial em Medan, 5 de Abril do 1924
O Chefe da Seccao, CARLOS LUZ,
Hongkong, 10th April, 1924.
One Dick, Kerr Motor Generator Set. Mator 550 Volta. Generator 110 Volte R.P.M. 500.
One Remington two cylinder crado oil engine, direct coupled to a 15 Kilo- Direct Current Chandeynon Generator.
watt
10
Volta 125, B.P.M. 400.
Switchboard Bwitchboard of highly polished slato completely fitted up for running Generators and Auxiliary Plant. *
Catalogues will be issued,
For further particulars apply to the Undersigned.
Terms: As Customary.
LAMMERT BROS: Auctioneers.
Hongkong, April 10, 1824.
There will be a rush
to see
POOR MEN'S WIVES
at
THE CORONET
on Sunday
In altributes the flight of capital BOOK YOUR SEAT NOW
The controlled taxes will be under principally to the failure to balance Foreign Commissioner, with a the Budget, causing capitalists to sub-Commissioner for each tax. A translate money into foreign demo- rogards deliveries in kind, the, ox-minutione in order to avoid loss perta believe that during the first through depreciation of their surren two years, deliveries will be anthanney ticilly limited..
The report declares that the fight was accentuated by the attitude of the Gaman people towards the pay. ments Germany, was called on to make to her your creditore, t
After that, the programme will be considered by a Transfer Cominit tee, consisting of a representative of The Committee propose the cata-the Roparations Commission and blishment of a new issue bank in five foreign exchange experts from The Mokerma Committee refere Germany, or this re-organization of Britain, United States. France, to the recommendations of the the Reichsbank, as an essential Italy and Belgium, wito will apply Daws Committee for establishing ngoney for creating a stable car the bank. balances deposited in the German money on a stable founda
new jamie bank to the account of the tion, thus facilitating the return of The bank will have a monopoly of Agent for Reparation Payments, to large amount of Germen wealth the right of Note issue in Germany payment of deliveries in kind, and which is abroad to ordinary.com. For 50 yours: The present paper the prichase of foreign emrencion mercial abannels, and proposés, for honey will be withdrawn end. So far as fonds congot, be remitted the period of transition, that per- replaced by a single uniform current abroad without tridily prejudicing some liable to penalties under the Ammely, the now bank's bank the foreign exchange market, they existing law should be Tordoned, This currency will be kept will be accumulated in Germany up and advantages offered to Germans loan relation to gold, but will to minimum of five milliards of who subscribe to bang in, farcign
convertible. At the com- gold marks,
currency
RADIO
THE RADIO COMMUNICATION CO.,
(ORIENT) LTD.
Announces that its offices have been removed to
48, Union Building,
(aboya Canadian Pacific Offices.)
Consult us, for":
Ship Installations,
Land Stations,
Broadcasting Apparatus,
Roosiving. Báte":
„Radio Parts of "All Kinds.
THE RADIO COMMUNICATION CO., (ORIENT) LTD.
Telegrama 1)* Broadcast, Hongkong..
F. O. Box 308.
THURSDAY APRIL 10 1924
JUST OPENED.
Most up to date.
OUTFITTING STORE.
CHEAP SALE
Cotton and woollen fabrics.
now in progress."
KALEY & Co.
56, Queen's Road, Central.
DAIRY FARM NEWS.
Don't take chances-take Ice
and
Keep the Food Bills down.
THE DAIRY FARM, ICE & COLD STORAGE Co., Ltd.
REPULSE BAY HOTEL.
CARNIVAL
ON
ST. GEORGE'S DAY, WEDNESDAY, APRIL 23rd. Fancy or Evening Dress Optional. AUGMENTED JAZZ ORCHESTRA, SPECIAL COACH 12,00, MIDNIGHT. LATE CAR TO THE PEAK 1,00 AM. Tables may now be reserved at the REPULSE BAY HOTEL
(TELEPHONE C. 807)
or
HONGKONG HOTEL
(TELEPHONE C.. 32)
THE HONGKONG & SHANGHAI HOTELS, LTD.
FIX YOUR ROOFS WITH
Semi-Liquid Asbestos
Roofing
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STOPS LEAKS IN ANY ROOF. PRESERVES NEW ROOFS. REBUILDS OLD WORN-OUT ROOFS. WATERPROOF FOUNDATIONS,
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