Page
THE HONGKONG DAILY PRESS, THURSDAY, AUGUST 18TH, 1921.
THORNYCROFT
JOHN THORNYCROFT & CO., LIMITED,
".
SkiraVILDEM LXD ENGIN LESA,
+
LONDON, SOUTHAMPTON AND BASINGSTOKE,
22
Shanghai Office: 10, Kiukiang Road.
15 B.H.P. 30 B.H.P. 50 B.H.P. Engines
in Stock
For quotation apply.
BURBERRY'S
SHANGHAI OFFICE.
We have just received a large new consigament of "Burberry" Raincoats in several styles and pleasing colourlogs, and we shall be pleased If you will call and laspect them.
Quality, Style, Fit are all embodied ln a ̈“Burberry," but there is no need for us to praise "Burberry";
everybody knows a "Burberry" Ralacoat is the very
best obtainable.
落落
Burberry" Raincoats
$90, $105, $120 & $ILO each,
MACKINTOSH & CO., LTD.,
Men's Wear Specialists,
16, Des Vœux Rd. Phone 29.
BY
APPOINTMENT.
Apollinaris
NATURAL MINERAL". WATER.
Since its foundation in 1872, the Apollinaris business has
ALWAYS BEEN BRITISH-OWNED.
45
THE APOLLINARIS CO. LTD.
Cbtainable in Quarts, Pints & Splits at
HONGKONG HOTEL
REPULSE BAY HOTEL
Sold by
WING ON CO.,
SINCERE CO.
EMPRESS STORE, KOWLOON, and all the Leading Clubs & Stores.
LANE, CRAWFORD & CO.
WHY SHOULD
ONE DRINK
No. 10
WHISKY?
BECAUSE
ONE OUGHT.
[33
729
HA! HA!
925
THE INDUSTRIAL OUTLOOK
IN JAPAN.
A BANKER'S, REVIEW.
Early recovery of Japanese industry This was the con- is not to be expected." clusion drawn by the Governor of the Ladustrial Bank of Japan from the facts of the pressat situation, as be outlined them in a speech before a meeting of the bank's shareholders.
The first half of 1991, following the marked depression of 1920. witnessed a striking reduction in the dead stock of commodities, said Mr. Hijikata. Atatha end of the period the storage cargo of Japan amounted to 20,000,000 packages in round numbers, of a value of Y.545,000,000 in round figures. Compared with the end of 1920 there was a decrease of 13,000.000 packages and of Y300.000.000. Some rom- modities registered advances mainly on
that account.
"However, remarked the Governor, this was only a passing turn of events. Manufacturing industries were not atiruu lated. At this moment when the shift of cargo is kept up because of in consumption and by some negative re
CHINA AND THE PACIFIC.
HER PLACE ‘AMONG "ABIATIO POWERS.
The following letter is given procin- ence in a recent issue of The Times:
SIR,The very noteworthy statement made on the 11th inst. by the Prime Minister regarding Far Eastern and Pacific policy was listened to by all friends of China with deep feelings of thankfulness that at Inst the British Government was not lagging behind in its attempts to revive an ancient friend. to the ship which for 60 years prior Anglo-Japanese Treaty was the corner. stone of Uritish policy in the Far East. and which in terms of trade has been the means of keeping us in the forefront in Asia.
WORLD THEATRE.
FRANKLYN FARNUM
and
13
MARY ANDERSON
In
VANISHING
TRAILS
a Super-Serial in 15 Episodes.
STRAIGHT JACKETS MEAN NOTHING WHEN THERE'S HONOUR. LOVE and THE GIRL at STAKE. SEE THE MOST MYSTIFYING, SOUL STIRRING SERIAL ver` CONCEIVED. Various Episodes of the above Super-Serial will be screened at EVERY THURSDAY'S MATINEE at 5.15 p.m.
tel. however, that there was one SHACKLES point which was dealt with in a manner not quite satisfactory if a final and abid- ing settlement is to-day desired. I refer to the passage in which the Prime Minis teg, after very wisely emphasizing the nressity of friendship and co-operation with Japan, went on to say that "this friendship: Barmonize the influence and activities of the two greatest Asiatic Powers and thus constitutes an essential
any demand "from abroad. no early re- covery of Japanese industry can be ex pected."
trenchment measures, and not
because of the
well-being of the British
and the peace of the Far East," that the preservation of the "open in China and the peaceful progress of the Chinese people were also great objects, it would seem to me that there
the gr
of in this last
is
dangerous mistence sing. because it
is based on the assumption that there are only two great Asiatic Powers-Britain and Japan-and that China is a grant
It is a more question of time for China with her vast and partially warlike population to depart from the purely quiescent and pacific role which the words of the Prime Minister seem to assign to her, unless there is a complete end made to-day and for ever of military groups in the Far East.-Yours truly.
Daring the first half of the year indus try dropped new enterprises and refrained from going beyond the conservative extension of old enterprises. An increase in realjustment liquidation was noted in the industrial development of the period, Now, incorporations showed a decrease off a Y1.074.000.000. The extension of mansion of which the most interesting enterprises absorbed larger capital, but feature is the never-closed doors. this was mainly effected to readjust busi ness and not enlarge it. Corporations int liquidation on the other hand numbered 032. More than a hundred companies drew on their capital for readjustment.
Turning to the bank's own business the Governor observed that the bank" did its utmost to help in the readjustment of industrial enterprises and the new ad- vance for the six-month period amounted to no less than Y77,270,000. Ho also re- ported that the bank's own readjustment. which was started August, 1913, following the bank's failure to collect a bad loan to a gold mine operator, was completed during the term.
The report was received with hearty approval by the meeting. The bank's gross revenue reached Y28.780.000.
LIQUOR AND TOBACCO DUTIES
IN THE STRAITS.
Under the caption "The Government Acta" the Straits Times writes:--
B. LENOX StarSON, Adviser to the Chinese Government, Hótel Victoria, Northumberland-avenge,
W.C.. July 1sth.,
JAPANESE OFFICER TO BECOME BANDIT LEADER.
To assume the leadership of a gring of mounted bandits in Manchuria, an officer of the Japanese. Army has been placed on the retired list at his own request and has departed for Korea, ac- cording to a sensational story published by the Nichi Nichi. The officer is Lieut. Colonel lichi Inouye, who played a prominent part in putting down" the bandit raids in the Hunchun district on the northern border of Korea last fail.
The Nichi Nichi say's that in this new project of bis he is to be supported by a number of young Japanese officers who are dissatisfied with the continental policies of the Japanese Government.
gage in some mysterious free-lancing enterprise in Manchuria which is cal alated in the long run to advance the intercity of Japan on the Asintic contin- eat as the militarists see them.
SAIGON RICE MARKET.
The Compagnie de Commerce & de Navigation d'Extrême Orient, in their re port dated Saigon, August 10th, state:- demand from Java has stopped suddenly: Since the beginning of this month the and there has been no enquiry from Europe or the Far East
According to informations received from Hongkong, the market at that end is rather depressed and export to that destination has slackened considerably,
We really do not know whether we ought to heave a sigh of relief or utter a groun of despair. So we submit our perplexity to the public. We have here a Government over which we have no control and which shews every possible sign of being highly content with itself.and who plan to leave the service and The trade and industry of Malaya have been tumbling to pieces and we have sometimes pleaded with the Government to wake up and do something, and at other times we have railed at it for doing nothing. But we have pleaded and we have railed in vain-unless in- deed the action of the Legislative Coun- eil on Monday is an answer to our im- portunities. Our trade bas dropped by over Efty per cent. There are hundreds of thousands of acres of cultivated land profitless and the Government has met the situation by increasing taxation Thank goodness we need not drink un- less we like and though we must smoke or go crazy, we can eschew, cigars and take comfort in a red hot briar. But it seems to be rather less than a heroic measure vo tax our luxuries when hun dreds of us are bard put to for mere Prices here have slightly decreased, but necessaries. Not a voice was raised Arrivals of paddy from the interior are either in praise or condannation of the small. so the future is very uncertain, Government's remedy for rain. In The total amount of rise exported from Bombre silence the motion of the Attor-January 1st to August 1st, 1991, is 881,080 ney General was allowed to pass. It is, too ngainst 896,395 tons in 1920. perhaps, no more than the thin end of a Wa quote to-day:-White Saigon rice, thick wedge. Such are the local con- No. sifted Japan quality, Hongkong, ditions that we shall neither drink nor 80.70 per picul, f.o.b. Saigon, for Septem- smoke ourselves into solvency. Our farber shipment. seeing Government has done wonders these past few years. It has heuped up expenditure gaily. We have made pro- tests about directors general of this that and the other, but the fat appointmenta have been confirmed and we shall have to pay for them. Presently, it will be found that double duties on liquor and tobacco are not enough, and there will be proposals to turn the screw of the income-tax with a strong bond. As in- come falls, taxes will rise-it is a bright prospect. Actually, we do not grudge the Government anything it can make out of liquor or tobacco, but it strikes one as just a little grotesque that this is really the only thing our Government has done to meet the desperate situation created by the great slug..
DESTRUCTION OF GERMAN
WEAPONS
The latest returns-up to the middle of June-of German disarmament show the following results:-
Thirty-two thousand seven hundred and ninety-six guds have been surrendered, of which 31,877 have been destroyed. This Igure does not include under construc tion destroyed and those handed in at the Armistice, and captured during the preceding weeks which make a grand total of 51,327. Thirty million, loaded shell. have been destroyed, leaving = balance of three million. Ten thousand eight hundred minenwerfer. have been surrendered, and 10,200 destroyed. Machine-guns boaded over number 81,000, of which 79,000 have been destroyed; 3,800,000 rifos and carbines have been surrendered, of which 3,838,000 have Fraser's weekly report (Singapore); been destroyed. Of small-arms ammuni dated August 10th, says:--Rubber shares tion, 420,000,000 have been surrendered, remain more or less unchanged with and 300,000,500 destroyed.-Reuter, ready buyers of harea in those com-
THE RUBBER SHARE MARKET
#
panies which show a strong, cash posi- THE VALUE OF GOOD" SIGHT tion. Lunna were taken at $6.20. Kedahs
.15 Chaigieleas from 35 cents up to cannot be gyer-estimated. Sight stands 65 cents, closing somewhat easier Ulu for everything that is valuable or enjoy. Bénuts came to business at 15 cents with
buyera over..
Teluk Ansons made to able in life. You cannot tell if your eyes and are still in good demand. Indra-are right; you may see well yet have giria were placed round. 84, Bassetta 70 defective eyes. If you wish to have your conte and there are buyers of Malakoffs,
Scudais, Uln Pandaas, United Balaccaseyen tested, the Refracting Boom of The and Tapahs at quotatiofa,"
Hongkong Optical Co., successors to Macphail's weekly report Baya Craigialeas are steady at 67 centa. Un Clark & Co., Befracting and Manu- Benuts have buyers at slightly under 20 facturing Opticians -the most competent cents, but sellers are not disposed to sell optical establishment in South China- Ulu Pandans are enquired for and could located in 53, Queen's Road, Central be placed at 95 cents. Mentakabı have
sinal! buyers round 12 cents. Fajas is at your service. They have the equij have buyers at 34.85 sellers asking $4.05,ments to test your eyes accurately at which figure business has been done. Ayer Panos have sellera at $0. Lunge Testing the sight and fitting glasacs, in are offering at $0.10,
their specialty-ADY","
This afternood, the 18th inst, at 5.15 p.m. Episodes 1 & 2 will be screened, On Friday and Saturdayfnext, the 19th & 20th Inst, “ LOYALTY," the powerful Melo-Drama, will be screened at 5.15 p.m...
Special Matinees for children, showing Super-Serial" picture-Evory Monday and Thursday only at 5.15 p.m.
PRICES REDUCED for CHILDREN as under:
Dress Circle
First Class
20 cts.
15 cts.
Your Last Opportunity of a
15%
REDUCTION
on all Smoking Requisites.
This offer expires to-day August 18th.
We are giving you the benefit of it for another day.
Tabaqueria Filipina,
38, Queen's Road Central.
EXPANDED METAL
FOR PLANTER WORK AND RE-İEFORDED CONGRETE OURSTRUCTION
AS
USED IN
NUMEROUS
IMPORTANT
WORKS
IN
FOR
FLOOR,
ROOF,
FOUNDATION,
WALL
ETC.
GREAT BRITAIN and AMERICA
PRIORS ON APPLICATION. STOCK LIST, PAMPHLETS, AND
Davidians for description of Machinery at Maghsoucing Plant on application in DODWELL & CO. LTD. Machinery Dept.
ED. WHEEN & SONS, LTD. 8, French Bund, Shanghai.
Woollen. Merchants,
Estd. 1889
EDWARD
WHEEN
18
SHANGHA
SONS
MANCHESTER
1882
Offer of New Cloths:
SPRING SUITINGS COSTUME CLOTHS COATINGS, INDIGO and BLACK BERGES
GREY
CREAM
FLANNELS TWILIS
CRICKET FLANNELS SUPERA and UNI FORM CLOTHS
IN CASE LOTS, single pieces.
or short lengths
[any length out).
Quotations cif any.Port." Prompt Shipment from Stock.
A. TACK & CO.
Dealers in
Household Sundries
FURNITURE.
IRON & BRASS ·
BEDSTEADS.
PHOTO GOODS of
every Description.
26," Dza Vaux ROAD,
Central,
[1134
1335
988
DAIRY FARM NEWS FRESH AUSTRALIAN.
"BUTTER DAISY" BRAND ... DAIRY MAID" PASTRY"
$1.45 per Ib. ..: 81.55
1.15
n
CHEESE
GOUDA (Full Cream) AUSTRALIAN CHEDDAR
FIONIC (own make)
!
$1.25 per Ib. $1.00 per Ib. $0.50 B jar.
COULNMMIER (own make)... $0.40 per pat."
FILLETS
FISH
HADDOCKS...
KIPPERS
80 cts. per lb.
70 cta, per lb.
60 cta, per l
RED HERRINGS. 80:cta per
THE DAIKÝ FARM, ICE & COND STORAGE CO. LTD.