Page
“DECOLITE
FIRE-RESISTING FLOORING
(Awarded Gold Medal Franco-British Exhibition)
"JOINTLESS, HYGIENIC & NON-SLIPPING-
Lid by Our Own Workmen on
STEEL, WOOD OR CONCRETE.
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
"Tal," Contral"236.
Queen'sTM Buildinga.
ICY-HOT
BOTTLE.
A Useful and Much Appreciated Present for All Occasions.
THE CHINA DISPENSARY
82 QUEEN' ROAD C2-
TELFPHONE C-2598.
PRELIMINARY NOTICE.
GREAT REDUCTION SALE
FOR
The Approaching CHRISTMAS
Beginning on the 1st November.
SWATOW DRAWN WORK COMPANY.
16. Des Voeux Road Central,
SOME DISTANCES IN THE SOUTH CHINA SEA AND PHILIPPINE ISLANDS
Da Sale at
BY CAPT. G. H. PENNEFATHER.
BREWER & Co., Fedder Street,
YE OLDE PRINTERIE, Lan, Quem's Road.
ASAHI BEER
SPECIALLY BREWED FOR EXPORT
DAI NIPPON BREWERY CO.
"LIMITED,
TOKYO, JAPAN.
SOLE AGEN IS
MITSUI BUSSAN KAISHA, LTD,
HONGKONG,
The CITROEN.
The Last Word in Car-Economy
RUNNING COSTS LOWER.
Less Tyres
Lesa Oil
Winner 2 years running 1920-21-22. Grand Priz for Low Consumption.
Cars for Sale:
LEPACK CO., LTD.,
50-52, Queen's Rd. C.
HONGKONG DAILY PRESS, W.DNESDAY, OUTOBBE 31st, 1923.
TRADE EROSPECTS ARE NOT BAD.
[DY SLE JORTH DAVIES IN THE
DALY MAIL
I have been astonished to see the recent slutymiank of the tammisions of the Board of Trade-n statement to some extent endorsed later by the Prime Minister that the country has to look forward to had trade.
Put inakumarised form, what is the actual position 1: .......
Our home trade has for the past twelve
months steadily expanded. Our foreign trade, in spite of falling prices, has for the past twelve manths shown a substantial and continuous Increases
M
In spite of the Franco-German troubles, European and extra-Earopena nationa are steadily wettling down. Work on new railways, electric power instäl lations, roads, and industries is pro- gressing, and additions capital is week by week being raised for new developments. Germany, our greatest competitor for for
eign trade in pre-war years," is for the moment down and out, and enn- not for months, if not years, recover anything like her old competitive
power.
Handicapped by high costs of produc
tion. America, our second greatest competitor for foreign trade. is go able to compete at her old standard. The process of deflation "bas touched.
bottom, and the company or mer chant who places orders to-day will day no on the best terms likely for some years to come. The cumulative effects of these domestic and world movements provide every prospect not of bad trade but of con. tinually improving trade.
At a moment like this, when business mun cannot reckon of the normal ebb and Bow of trade, and the commercial || world is hesitating and uncertain, it is difficult to imagine anything so likely to cass bad trade as such forecasts made! with all the authority of the heads of great Government Departments,
IRON AND STREL ACTIVITY. With all its great diversified industrial and commercial interests, this country is primarily a coul and steel country. Now what is the position of these two cou- trolling industries?
In the iron and steel trade wo had, at the end of June, 1992, 115 Furnaces in blast. We now have 229. Our prodire tion of icon and steel in May and June was not only in excess of any precious post-war months, but it actually exceed
in soms enkes for weeks because the dock equipment is insufficient or out of date,
The Qvernment could do a great deal toweds helping trade and reducing unemployment in this country if they would prsistently press and hustle our railway companies to put their schemes into deite operation.
The gently needed developments in the Brish railways are almost sufficient in theselves to create a trade boom in this country if they could only be pressed forwar-and-the orders placed immed- lately with British manufacturers.
HONGKONG SHARE MARKET CLOSING QUOTATIONS
October 30TH, 1923. Bingkong and Shanghai
..$1,100 b
ag
Lu$2301/232) Ba.
Anton. Insurances Union Insurances ..... China Sugars Fowloon Wharves Shanghai Docka". Hongkong Lands..... Humphreys Estates.......1231 h,
Cottin Shanghal Cattons. Orientals
*****
Hongkong Ropes
hins Provident Fairy Farms
Watsons
Hongkook Electric Hongkong Tram
• 1554 b.
Th. 93. b
186 b, 87 S.
Tix 13) b.
Tia 90 b
53 h.
.3851 b.
1, 2 3:21.
$3 b.
b-buyers; s.-gellare; sa—valta.
THE
NOTICE OF REMOVAL-
Officer of the "HONGKONG DAILY PRESS have been removed to TA CHATER ROAD (3rd Boor), to which Address
Correspondence should be directed. Hongkong, 16th July, 1993.
NOTICE.
NO Official Reception will be held This GENERAL on OCTOBER 31st. the Day for the Celebration of His Japanise Marestt's JAPANESE CONSULATE GENERAL,
EONGIONG
[1490
Year at the AFANISE CONSULATE
Brithday.
TO WHOM IT MAY CONCERN.
Captain and Owners of the sa "ANUMIA" Disclaim all Responsibility
(1483
ed the best results of 1913. Our impuris for say Debts contracted by the Crew of that
of iron ore during the first six months of Vessel while in Hongkong.
this year were mare than double those of
the same period of 1922. Our production
of steel ingots and castings has been:
3rd quarter, 1922 4th quarter, - 1922
1,557,000 tons: #1,#12,000—
1st quarter, 10232,143,000, 2nd quarter, 1923 2338,000) with foreign trade and home trade cach absorbing a share "of the incrense.
HONGKONG GENERAL CHAMBER OF COMMERCE.
CHINESE LANGUAGE SCHOOL
BEGINNERS CLASS in the Study of mercantile Cantonese will be, con- menced on MONDAY, NOVEMBER STO, if suficient support is forthcoming.
Intending STUDENTS should Call apes the DIRECTOR OF STUDIES (the Rev. Dr. T. W. PRAKCE, OLE.) at the SCHOOL, ZETLASD Day tins Week (except Saturday), between
Before the war our two great and HALL, leehouse Street, Anand 5,30° xM.
By Urder.
A similar position obtains in coal min ing, the country's output since January last having averaged about 2,000,000 tone month more than in the same period of 1999
persistent competitora for international trade wero Germany and the United States. The "condition of Germany is such that she has largely ceased to be an effective competitor, and whatever Hoog'oz, 20th October, 1925. political movements may take place in the near future, it will be a long time before she will be able to take anything! like her pre-war shere in international träde,
The manufacturers of the United States have, through their immigration laws, to face such high costs of production that so long na we keep our prices within reasonable limits, while we shall have to face substantial competition from thetu. it will be nothing like so severe, ne in pre-war days,
The change in the position can be seen in the following figures of the foreign trade of the United States of America for the first quarters of the years quoted: "
1921 cess exports over imports,
£60,000,000
1992 excess exports over imports,
£2,000,000.
1923. excess imports over exports,
£13,000,000.
D. E. BLAIR.
Secretary.
"LEST WE FORGET"
NAVY LEAGUE BALL-
(1486
ON FRIDAY, NOVEMBER 2ND. at 9.20 P.M., for the Relief of Widows and Children of Those who died in the Wat
TICKETS Obtainable st MOUTRIES, ANDRESONE, HONGKONG HOTEL, 'and. ENGINEERS' INSTITUTE.
[149
FOFICE TO CONSIGNEES.
ELLERMAN LINE
FROM UNITED KINGDOM AND
THE
CONTINENT.
OF CORINTH" saying rived, Consiguses of Cargo by bar are informed that all Goods are being landed at their rink into the hazardous and/or extra-hazardous Godowns of Holt's Wharf, whence delivery
be obtained.
GREATTE WORLD OPPORTUNITIES. " On the other hand, outside Germany and in spite of Germany, the world is largely settling down. Developments of railways, roads, electric power installa tlors, mills and works are proceeding in many quarters of the globe. The British Class will be admitted after the Goods people have in the last six months in have left the Godowns, and all floods remain. rested over £90,00,000 in foreign couning undelivered after 3rd November, 1923, mill tries, assisting in settlement and develop be subject to rant. p ment, and in providing for this country any orders for all classes of products, basic and manufactured,
With Germany almost down and out, with the United States handicapped by high costs, the greater proportion of these orders are bound to come to us. The ovidence that can be gathered as to for eign trudle instead cl pointing to decreas ing demand shows that the calls on our manufacturers and producers will con- tians to grow
The test important market, of all, our home market, is similarly expanding. Masses of figures in support could be given, but the fact that the consumption of coal within the country is now over) 1,000,000 fons a month greater than in ID2S is suffieirut evidence of the growing activity in our home industries,
a
But definite as this upward morement
is, it could be accelerated if the Govern
All Chams against the Steamer must be selfed to the Undersigned on or before 10th November, 1923, or they, will not be recognised. All broken, chafed and damaged Goods are to be left in the Godowns, where they wil examined on spy Tuesdays or Fridays, between the hours of 1045 am, and Noon, within the froe storage period of one week. No Fire Insurance has been effected. Bills of Lading will be countersigned by
THE BANE LINE, LID,
General Agents. Hongkong, entflctober, 1923
CALABASH, B.D.B., LOEWE'S, DUNHILL, and FRENCH
BRIAR PIPES
ment would take actire measures. Our in all Shapes, ranging from $1,50 each.
great railway groups have, on the ons side, huge reserves of capital, and, on the other side, numbers of developments in contemplation, many of them urgently needed. Electrifiantion schemes, repre menting many millions in wagen and inste.
steamers are being delayed for daya, and
Call and Sée them.
rind, are waiting. At many of our docks HONGKONG CICAR STORE, LTO.
JUST AS SOFT AND FLEECY AS WHEN TWAS NEW!”
YOUR FAVOURITE AUTUMN SHAWL, JUMPER, COSTUMES, EVENING GOWNS AND WRAPS CAN BE RESTORED TO THEIR ORIGINAL SMARTNESS.
BY GIVING OUR
GENUINE DRY CLEANING
SERVICE A TRIAL.
THE STEAM LAUNDRY CO.
HEAD OFFICE and WORKS: TAUMATI, Tel K 32. HONGKONG DEPOT: 16, Stanley Street, Tel 01279.
63, Praya East.
· ~ KOWLOON. DEPOT: 18, Canton Rosd...
CANTON: 19, Sharki Central, East.
XMAS GIFTS
AT
BARGAIN PRICES
AT
THE SWATOW LACE COMPANY
All kinds of Swatow Laces, Drawn-Work Tablo Linen, Embroidered Sik Shawls, Capes, Scarfs, Dresses, Hand-Bags, Slippers, and Underwear, Carved Ivory, Mother of Pearl, Tortoise-Shell and Amber Beads, Pendents, Bracelets, Mah-Jong, Lanterns, Lamp Shades, etc., etc., etc.
FOR 15 DAYS ONLY
From 18th to 31st October.
COME FARLY ! DON'T MISS YOUR OPPORTUNITY,
171⁄2 Queen's Road Central.
GREAT REDUCTION SALE
"
FOR 15 DAYS ONLY.
From October 25th to November 10th.
ALL KINDS OF LADIES' FANCY GOODS including Swatow Drawn Work, Canton Embroidery, Hand-made Laces, Ivory-wäre, Beaded Works, etc., etc.
DON'T MISS THIS OPPORTUNITY.
CHINA DRAWN WORK CO.
(TUEN CHEONG)
40, Queen's Road Central
PIANOS FOR SALE OR HIRE.
TSANG FOOK PIANO CO.,
944, WANCHAT ROAD,
TEL 2127.
SOMETHING YOU NEED.
DRAWN WORK and EMBROIDERIES of EVERY DESCRIPTION
Shawls, Band-made Laces, Drawn and Embroidered Handkerchiefs, Beaded Articles and Necklaces. Suitable for Xmas Presents to send. Home.
CHINA SILK & EMBROIDERY CO., LTD.,
Wholesale and Retail Merchants, QUEEN'S HOLD Cznzrak (Next MADAM FLINT'S).
PERFUMERY
Manufactured[by
RIGAUD PARIS.
"AIRE EMBALSAMÁDO” "MARY GARDEN”
"HORA CARINOSA”
DULCEMIA"
"LILAS DE RIGAUD"
Obtainable from
VICENTE ATIENZA,
15, Nathan Rd., Kowloon
Telephans K165, C2