FRIDAY APRIL 1. 1924
起
COMMERCE AND FINANCE.
HONGKONG SHARE MARKET.
In addition to the quotations given on page 11 as usual, the following should be noted
Hongkong, Stock Exchange:- Ropes ex rights ex bonus $242 nominal, rights $31⁄2 prem. buy Bonus shares $241⁄2 nominal.
sales.
Hongkong Developments $1.15 China Buses $10 buyers.
Sharebrokers Hongkong' Assen :-
Hongkong Developments $1.20 .. sales,
HANKOW THADE.
remain
Plece goods prices stendy, and clearances continue to
JAPAN'S INDUSTRIES.
THE CHINA MAIL
be good, but no new business of RECOVERY AFTER THE HARTHQUAKE, any moment has been transacted. The same state of affairs was
trade.
In woollens business is very slack, and no forward contracts arc reported: The Home market is steady, prices showing tendency to rise.
The auctions have again shown The British Chamber of Com a general improvement this week, merce, Hankow, states in its week. For the most expensive qualities ly traie circular dated March 26of Venetians there, was a strong
cent.
in
Export-Business with
rates:
COTTON SPINNING:
WEAVING
..
BANK SHARES
!!
heen due, not so much to expansion
COMING SOON
THE GLOBE TROTTERS
mitten
BRUM/8/72
EASMA CLUB.
to
SECRETARY.
elect an
Mr. H. W. Chaney was elected
MEE FONG STUDIO
ARTISTIC PHOTOGRAPHY
:
No. 7, Wyndham Street. Telephone € 4728.
TABLET OF FAME.
"EMPRESS" EARTHQUAKE
MEMENTO.
CONSIGNEES.
COLUMBIA PACIFIC SHIPPING CO. (Operating United States Government Ships.)
PORTS, ETC.
!
"WEST KEATS ".
having arrived from above ports, their Bills of Lading in exchange for Delivery Orders, and take immediate Consignees are requested to present
All Cargo not taken delivery from delivery from alongside steamer.
No claims will be admitted after
godown, and all goods remaining undelivered after 13th April, 1924 will be subject to rent.
the goods have left the steamer for
All claims against the steamer
on or before 19th April, 1924, or
must be presented to the Undersigned they will not be recognised.
In its issue of February 16 the Stabist says:-
Last year the Home banks suffèr- TOKIO, March 20.od a considerable contraction in noted last year at this period, but The Departinent of Commerce working capital, and this position, was followed by a good inquiry; and Agriculture has issued a report coupled with the absence of tho and the hope is expressed that on the loss inflicted by the great oppormities for making special within the next few weeks' busi-arthquake and fire on industrial un-profite on opemtions in the gilt-age ness may eventuate. Recent re- ortakings in the devastated areas, market, which presented themselves ports from Peking indicate that as well as on the extent to which in the earlier part of 1923. resulted Jupite a widening of this proft mar- onlookers there do not anticipate those industries have up to the pre in a farther diminution in earnings. WANTED-AN, HONORARY any tangible developments of the ont rehabilitated themselves.
gin on numer market loan and l
The question of" Ending a political situation for the time
The "Empress of Austrlia,” Before September 1, 1928, there comt business. The rising of the
to Mr. being, and there may thus be
'T. Nwhose service during the historic enough confidence to promote were in the districts affected by the Bank rate, too, it must be remem-
earthquake 22 cotton spinning fac-bered, tended to reduce the mein successor tories. Of these 12 were completely of profit oblaining on advances, MacReynolds, who has asked to earthquake in Japan proved a god From PORTLAND, ORE, JAPAN destroyed and five others partially mates for which are not generally be relieved of the honorary send to the handreds of refugees,
one with a new skipper, Capt. A. THE Ship from 9 per cent, to 4 per cent. The of private business, was damaged, the reduction in the num-affected by a rise in the Bank rate secretaryship owing to pressure arrived as Hongkong yesterday ber of spindles being 400,000 a
Up to the end of January three of decline in net urnfits. howover, was of the chief problems discussed Halley, R.N.R. Her own regular portionately inlier than in at the Easma Club's quarterly skipper, Capt. Robinson, is guid- these factories had been restored to either of the two preceding wears, meating last night when Mr. Jag the "Empress, of Canada" on their pre-earthquake condition,
due at Hongkong to-day, have again to show word profits. moderate attendance.
The Chairman pointed out that Since Capt. Robinson left the while seven others were partly rd white the Trish tanks, on the whole. D. Martyn presided over a her round the world tour and is
Three Intter." generally increased commissioned.
By the end of September it is er dividans: at the 'big five" though nominations for the post of."Australia," he has been decorated hon. secretary had been called for with the O.B.E, received the free- Bar silver 38) rady 33.15-16 for demand, while the lower types believed that the industry in these Toron baoks made no change in there had been no response and, in dom of New York, Lloyd's Medal steamer by 7th April, 1924, wi word on 19th instant remained remained stendy. Velvets were districts will have regained 80 per the distribution.
As regels : Trish banks, Inst view of this, he sought the opinion and other appreciation of his serbe landed into the hazardous and for stendly all the wrote but closed slightly also in request. High quality cent of its normal productive enna-
of appointing a paid secretary. He
over, has meanwhile received kong & Kowloon Wharf & Godown easier at 93.5-16-33.3-16 on Italians are making a very steady it and that by the end of 1924 it year's high profits near to have of the meeting as to the advisability vices at Yokohama. His ship, how non-hazardous godown of the Hong instaut.
New York-Toulon cross recovery, having regained about will be completely rehabilitated:
in business, which was not particu pointed out that this would involve further honours. Before she left Co., Ltd., at consignees risk, whence All broken, chafed and damaged rate 420 on 19th rose to 1302 on 4 per cent., of the total fall from
Cotton Yarm-At least one half de rked, but to the tigh tea increasing the monthly Club aub- Vancouver Chief Justice J. A. delivery may be obtained.
scription from $1 to $2
Macdonald, acting Lleutenant- 21st but dropped back and closed the highest point of the year--
After some discussion it was Governor, presented a memorial cargo will be examined by Messrs. 42 T. remained the third week in February. The of the 500 weaving factories were at which the employed their re- stray at 3 all the week with loss amounted in all to 14 per dared last September, but by the sources. As editions in Ireland decided, on the motion of Mr. tablet to the officers and crew of Anderson & Ashe (Marine Surveyors) Sollers all over this rate. 4 cent. There is, therefore a very end of Jannar the industry had rehene were settled, their ranfit N. T. Mackintosh (the Association's the steamer on behalf of the pas- at the godown on 12th April, 1924, mer which are very serce were good prospect of a complete re-ed almost 60 per cent. of its for marries shale tend to contract: President), to authorise the com-sengers who were on the ship and at 10 cm.
For productive capacity. All the but this factor would be onunternet-
honorary witnessed the splendid serviceren- pined from 3-53 down to 9-43 with 8 buyer, down to 4-4.11-16 at thecovery of the remaining 10 per larger factories are expected to re-ed by expansion in business. There
cent, as stocks are low and all alos"
timber, and the smaller concerns volitical conditions in the Irish Free next October. A further proposal the earthquake last September.
Presentation of a tablet was Shului Ts, 97.1o. Tal cargo purchased is being shipped work by the end of next Sopean be no doubt that, with stable secretary to remain in office until dered in Yokohama at the time of
Stale, the country is capable of a that the secretary be granted an rency $60.6. Salix interest 4 per away very rapidly. Speculators al monflis before that time.
are having little opportunity of Wool. Of the 15 factories in this development agricultumily, honorarium of not less than $300 recently made to Captain A. J Hailey, acting on behalf of bom carrying out "their usual opera-aren, four were burnt down, and the wally and industrially-it was also carried
presence of a large number of markets is still of a retail lametortions at the present juncture, and rest wholly or rartially damaged by mealled thint less than a and huvers price-idus ar masily have had no chance to lay in their but recovery Jus been ranil and witure are it was winboran Vice-Chairman, and Messrs. S. C. Captain S. Robinson, Q.B.E., in the tog love to junke Isis feasible customary stocks. Greys continue it is expected that all will be able to peeni vonulation--and when Feltham, H. H. Rose. T. N. Mac Vancouver citizens. The wording "Presented to the R.M.S. "Empress The bound wing for wash oil, tallow to enjoy a very good all-roundene operations by the end of the fling, development is under way the Reynolds and J. S. Berch, to fill of the memorial is as follows:
Trish Free Slade hanks, which am vacancies on the Committee.
The Chairman informed the of Australia" by the passengers, to Tosiery.T'}16 pentimisticinin position financially, and and hid have declined lately fat denuand, and there is much con- venr. whether annat Phic will meuli infidence in the future. In Whites improved usines rein the the outstanding feature is the garnet lie laken of the bosiery which here resisted the tendency to members that it had been tecided commemorate the heroic work per- snimine concerns, of which con-wede gigamation, are fund to to re-open the Easma bathing formed by Commander S. Robin-
beach at Stonecutters during the
son, R.N.R., and all the officers and Some busines has extensive demand that has sprung siderable me blan half were dese in importa
crew, in saving the lives of all on pated in watery sood and Ching up in the north, especially Tien, reducing productive capacity
Temords the Paglish lonks, the coming summer.
board, and rescuing survivors of the earthquake and fire, which COLUMBIA PACIFIC SHIPPING CO grass, whilst fresh eggs are also intsin. Realizing that supplies of al 80 new cent. Nearly all current vaar is likely to move meen
devastated the district of Yoko- demand we brings heiko beeppespot cargo are very small, dealers se destrol, hark beau mhuilt | berffabla than 1000-unless trade movis vasonable.
are anticipating better prices and respeed work, but their ennin- offers another variere reveres olving
hama, September 1st, 1923. This the distantband comalitions in Trust Pipes Clande· Marketprior to the arrival of new shipment ie inadequate and jerwill be ta
Shilps) "The Woman Who Fooled Her-ship for nine days. a veritable | (Operating United States Government mde than 12 months before they malinta ed. With inevensed
"baven of refuge sheltered and quick and little doing. Clearances ments.
we reestablished in their prefourth-ear and for accommodation, profit self", announced as the feature af- good.
make scale.
puwang pro likalu ja he higher then | tnction at the World Theatre, succoured thousands of homeless Yarn-Market firm and loadera
in 1977, while the loved of working chims many interesting disine and wounded." desirous of buying for prompt ship-
In the first place, it is the Silk. The linses where silkill in the form of densils tions,
Another improvement has to ment or fregn stock.
weds geo dved and finished are in Sold at longt be maintained. It first of a series of pictures produced
be noted in the internal arrange- equally parlons condition, and by is not ensiklo, however to forse for Asseinted Exhibitora by Ed-
ward A. MacManus from original ments of the Hongkong Hotel. the mid of Tammy were able to proy mommér) jnnages in dividends.
stories by Charles A. Logue.
The open
space, or Hall in At the annual meeting of the only 20 per cent of their pre-
CHINA THEATRES, LTD. Secondly, it co-features May
Allison for the first time with her medlately the Hotel is entered, The slight onrovement in the shareholders of the China Sugar arthunke enparity. Of the 37 ontlook of the engineering industry. Refining Co., Ltd., held recently, factories, 20 were burnt down and
The report of the directors of husband. Robert Ellis. Also, Miss has now a number of beautiful which made itself felt at the end of the Chairman.referred to a letter the rest seriously damaged. Some 1922 and which gavenish to so much optimien at the beginning of last received from shareholders asking of the linuses engaged on this work the China Theatres, Ltd, for the Allison plays her first heavy drama upright chairs, faced by fine hand year, did not materialise to Be full for the shares to be sub-divided were fuisferred to Kobe, but they year ended December 31, 1929, totic role, proving that she is as great some blue Tientsin carpets. The immediate delivery from alongside
Cutton.-Only two out of the six.be presented at the sixth ordinary comedierme. And last, it was pro-space, improves the general ap extent trapected, says Baniurerinn, into a smaller denomination. There working on a very small scale. In the last few months of 10en, General Agents and Consulting
land of Porto Rico, which is virinto those who make the Hotel a however, the general trend of im-Committee have now decided to a factories where cotton goods general meeting of shareholders used on the beautiful tronical is-pearance, and should prove a boon
eer dyed and finished show any im ayat- moment, which hung fu during recommend the division of the medinte moshest of reliabilitation. The year's working shows a soil for photoplay rodnction and meeting place for friends. the saunter, seeused to be resuming existing $100: shares into four The rest were all small concerns, profit of Tis. 48.987, which, witherefore offers to the serem some way once more. It is not in any shares of $25: each and it is pro-and it is improbable fat they can the balance of Tls. 20,744 brought new science beauties.
forward from last year, shows a Eva Lee, a vivacious chorus girl.¦ was covested that's fatalistic view posed to hold extraordinary genrennan in the immediate future. should be taken of this new im eral meetings of the Company at Dealing with other industries in balance (after writing off depre- ie "The Warnan Who Fooled Her- provanout because the last one dis an early date to put this proposal, the devastated sten, most of which ciation amounting to Tis. 38,297, wolf". a conclusion she arrives at are of minor importance and smaller and discount on shares issued dur-after playing with the heart of an xtent the report points out thating the year, Tls. 1,750, as shown "nemy and finding that she loves story of love and intrigne is Now the mess of recovery is being ser- in the profit and loss account), of him. The locals of this fascinating Tiel jenem for JAPAN'S BANKING BUSINESS. iou-ly hammered owing to lack of Tis. 29,634 available for appro York and Porto Rico. Scenic fea-1 the necessary capital. Teen inpriation. This sum the directoratures of the production are the huge the banking business of Japanes where buildings have been re- ors has not yet quite off had not completely recovered from wired or wereated, the equipment recommend to be disposed of a night street carnival, the magnifi-THROUGH BILLS OF LADING ISSUED cent caberet, the terrific fronical FOR EGYPT, MEDITERRANEAN AND Tre-war mentions of the the shock it suffered from the defective.
storm and various phases of planta- CONTINENTAL PORTS AND LONDON. trar, cluing and boome followed ime slump in 1919, says the "Japan The industries reviewed in the re- Another in the neural flustation of Chronicle," when the earthquake find cover a wide range, and include trade und were of reasonable enloul disaster of September last gave it warufacture of nencils, toys. The crisis was edical instruments, lass, celluloid Abla bont and duration. The ab- fresh shock. normal hum threach which we tided over, but a considerable samel ware, etc. have just hen using must cleurde number of banks are said to be come to an end some day, but the
80p.
TRADE PROSPECTS.
apointed foves, nf it is summasted that i mola barvat ngevito inke too antipiste a view of the omasent
ituati
kan cinism unjustified by this facts
of the situation, is fent manufactur. |
}
CHINA SUGAR REFINING
CO., LTD.
·Sub-Division of Shares.
before shareholders.
|
HYPING AND FINISHING,
To all of them the destruction was cerimus, and recovery has been slow.
follows:-
direc-
to. By remuneration
tors viz.: Five per cent. on the net profits in accordance with clause 58 of the Company's Articles of Association
seed with which the beam arrive in a bad way and to have applied ductive carcity up to the By payment of auditors and the extent in which il develone to the Finance Department for of Tammary barely expeeding 50 |
will downd on a due printion of the abermal bindranoge which 'nan now-onealing to prevent if or to that it.
consolidation and assistance.
According to the "Osaka Asahi," the Finance Department is of opinion that it is not advisable to
fees
Įmvent, of that before the earthBy carrying forward to
next account
444
250
WORLD THEATRE.
am emotional actress ne she is a
tion.
LENTEN MISSION.
рен arrangement
gives more
THE PENINSULAR AND ORIENTAL STEAM NAVIGATION CO.
STEAMER FOR SINGAPORE, PENANG, COLOMBO AND BOMBAY.
HE Steamship THE
No Fire Insurance whatever will be effected.
ARNHOLD & CO., LTD.,
Agents,
Hongkong, 7th April, 1924.
From PORTLAND, ORE,, JAPAN PORTS, ett.
Steamship
p
"DEWEY." having arrived from above ports, CONSIGNEES are requested to pre Delivery Orders, and take sent their Bills of Lading in exchange
for
steamer.
All cargo not taken delivery from be landed into the hazardous and/or non-hazardous godowns of the Hong- kong Kowloon Wharf & Godown steamer by 7th April, 1924, will
Co., Ltd., at consignees' risk, whence delivery may be obtained.
All broken, chafed and damaged cargo will be examined by Masera Anderson and Ashe, (Marine Survey- org at the Godowns on 12th April 1924, at 10 TEL.
No claim will be admitted after the good have left the steamer or |Gode, and all good remaining unrered after 13th April, 1924, w be subject to rent.
All claims against the steamer must be presented to the Undersign ed on or before 19th April, 1924, or they will not be recognized.
No Fire Insurance whatever will be effected.
ARNHOLD & CO., LTD. Agents. Hongkong, 7th April, 1924.
* LAHORETM Os the second day of the carrying His Majesty's Mails with bo Mission, the Rev. Father Schmitt, despatched from this port at Nook, S. J.. took as the subject of his on WEDNESDAY, the 16th April, sermon the great effect of Sanctify-taking Cargo for the above Ports.
Silk and Valuable Cargo For Italy, ing Grace and the result of Mortal 28,939 Sin. "Sin," he said, " has brought Franos and London (under arrange. To the case of the rnhher goods in-
the suicide and the ruination of mant) will be conveyed by this Steamer steer rehabilitation has
Tis. 29,634 many souls, and to show how procesding to Bombay and there tra The one enyse above all others of deal with the problem in a drastic been more moid: sal though the
bitterly. God abhorred Sin, He shipped to the on-carrying Steamer for Parcels will be received at the Office the present site of affairs is to be manner at this moment, but to loss after the earthonake mounted
Messrs. H, A. Lucker and J. caused the gate of Heaven to be Marseilles and London. found in the decreased purchasing adopt temporary measures, at the to nearly 70 per cent, of the normal power of our customers at home and same time introducing readjust-capacity the productive rower has Twyford Thomas retire from the closed against our first parenta abroad. The only method of re-iment and improvement into the now reached about 60 ver renf,, and I board in accordance with the Adam and Eve. To appease His until &.p.m. the day before sailing.stepped by Chamberlain's Pain Balm moving this cause which is within hanking machinery. The Depart-complete recovery is expected by the company's articles of association anger and reopen the Heavenly The contents and value of all packages Being penetrating, it rosches the com
the control of the manufacturer, is
COTTON MARKET.
For further particulars apply to and, being eligible, offer them- Gate, it cost Him a very dear are required.
price, for He had to send down. selves for re-election..
His Own Son in the form of Man | MAUKINNON, MACKENZIE & CO.,
Agente.
redeem the World."
to make prices more attractive. Toment holds that it is more urgent of September." come extout na improvement in the to sift out unhealthy enterprises
SUGAR FACTS. economic situation in Farope will and reorganise the industrial stimulate the demand for British system, the first of which must
Veera, Morreu and Enierelberg. products, and it is the effect of much necessarily tend to derange the
The China. Sugar Refining Com an improvement which is causing credit mechanism and obstruct Manchester, write as follows in the
pany-one of Jardine, Matheum &. the present hoomlet." The pathe development of industry on era renort dated March
Calton:-Prices have heen sfond. Company's undertakings has, an- tural tendency for the demand to normal lines. Preparations are increase from this conso will speed-going forward at the Department in if not firmer and the fall on the nounced a dividend of 40 per cent. for the past year, notes the Japan fly he removed if it is met at once of Finance and the Department of in only about Ad. ner 16.
Yang-The short time is enabling Chronicle. Even this large yield is with a curresponding increase in one Agriculture and Commerce to
nirmers fo hold to mices which only half the profit, which amount- cost of production, and, therefore send officials to the local business would not otherwise be able ed to $1.618.666 on a paid-up capi- selling price. Indeed, if the selling centres, whose duty it will be to
tal of $2,000,000. Users of sugar to itain. price nurains stationary, it is prohatudy financial and industrial con- able that the demand will die ontditions at first hand and draw up he the fall in cotton is, naturally is made on sugar sold very much Moth --The revousness produced in Japan will reflect that this profit from the effect of fortuitous influen ces. It is, therefore, of suprense reports in detail. These will be nongh, still prevalent. The world cheaper than in Japan. The price importance that every effort should brought forward at the Imperial mmping short of cotton niece moods, charged by the moropely in Japan be made at the present moment to Economic Council to be organised ten prins which tradera could mis umally 50 per cent, or more above reduce selling prices in order to enshortly. On careful deliberation likely to he must fairly the China rafe, whether for Japan courge the tender plant of reviving the Council will lay down a mea-stable, ther would buy. The oxner, age or for other sugar. Connmera demont en that it may be sorely sure to deal with the situation, one of 1920 and 1921 are, however in Japan have to pay exorbitant ablished by the operation of the which will be carried out subject frash the memories of even prices for all sugar podnets in order But what is snowball principle.
to the approval of the two depart-histone and they continue to be to enable the monopoly to dump"
[am hand Foy month, any got hartite surplus abroad. ments.
incotton causing them to take "dumping" to this concern is busi- fright.
Desa paying a profit of 80 per cent. Although the volume of business ved during the work has bean The scheme for amalgamation cantat smaller than that of last local markets, says the latest with the Nippon Yusen Kaisha wok the general having of miscal "N.-C. Daily News" to hand. At having been dropped for the pre-Innons chameter continues. the auctions plecé goods have sent, the Toyo Kisen Kaisha is Again shown an improvement, but planning to reduce expenditure fairly large lots, but only here and there is little indication of a gon- The company, expects to save this is an offer nesentable.
The Rome and Continental trades eral resumption of business about Y600,000 on its San Fran-
LONDON, April 10. cisco and South American lines, are doing quite well and the Neir activity.
The House of Lords dismissed Local yarn and cloth are going in addition to Y500,000 to be Fast has operated.
Cloth prices are steady: Rates into consumption fairly well, but deducted from salaries. The per- no new business is mentioned. centage of appropriation for the tre mominally those of last week, the appeal of the Duff Develop erally be obtained when retual, bienforce an award against the GOT
erament of Kelantan Reater. All exports show a stagnant depreciation fund will be reduced though a slight reduction may genment Company in its claim to
from 9 to 6 per cent.
post in placed
SHANGHAI MARKET REPORT.
-
Another very dull week has to
be registered in the case of the
tendency
TOYO KIBEN KAISHA.
to the Chins Sugar Refining Com Dany, which moreover, does not have the advantage of a forced crop The Japanese are very patient peo and an official price for the canes,
China and India mako bida forple. The Formoests have to be.
KELANTAN › JUDGMENT.
to suffer and die on the Cross to T
Hongkong, 10th April, 1924,
SHIPBUILDERS. SHIP REPAIRNRS, BOILER MAKERS, FORGE MASTERS, OXY-ACETYLENE, AND ELECTRIC WELDERS MHOHANICAL, AND ELECTRICAL
Stops Neuralgic Pains and Headache. Tormenting neuralgia is easel and
gerted spota, starts the circulation, re- moving the pressure and inflammation that causes the pain. Helps headaches, backaches, atia, swollen joints, brain spring sad sore consules. Bold and recommended everywhere."
LIMITED.
THE TAIKOO DOCKYARD & ENGINEERING COMPANY
FİNGINEURS.
OF HONGKONG.
Tax Audim: “TarKOODOOS," Hond Tatizosh OrrTRAL NO. 313. CALL FASO * cv3% Aks. "PRIKUPE."
-DRY DOCK-
Length 787 Feet. Length'eu Blocké 759 Fest
Depil on Centre of S}B^{H.W.GET.) 84-f: 4-lan,
~THREE BLIPWAY:— Gapahis of Handling - Khing Up
to 8,000 Tons" Dlupinoument, Mlectric Crane at Sex Wall, Capable of KAMIN< 100' Tons - at 70 Foot -Radius -
BUTTERFIELD & SWIRE
AGENTS HONGRONG, CHINA & JAPAN.