Page
THE HONGKONG DAILY PRESS.
THE UNITED ASBESTOS ORIENTAL AGENCY. LTD.
Tal. Contral 236.
AGENTS FOR
BRIGG'S ENAMELS
Queen's Buildings.
BITUMINOUS SOLUTIONS.
HOLE AGENTS FOR
46 UNION
ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS
BLUE
FOR SHIP'S BOTTOMS.
BIRD
Open for Business
TO-DAY
CO.
NEW PREMISES
IN NEW
Corner of Queen's Rd.
and Pedder St.
THE STRAND" PHONOGRAPH,
[143)
Built by America's Foremost Mechanicians, the "STRAND" is the Latest Creation in the Phonograph Line.
its Outstanding Festures —
The following are but a few of
It is built of the Best Materials to withstand the climatio conditions of Tropical Countries.
2.-It is Artistically Designed and Beautifully Finished.
S.-The Tone is Round and Full-surprisingly Life-like.
4.It plays all kinds of Dise Records, including Pathe and Edison,
without Change of Attachment.
Call for Demonstration at the
OKEH STUDIO,
8, DES VOUX ROAD CENTRAL (CORAES OF IN HOUS SIZILT). TEL NO-CENTRAL 4453,
ASAHI BEER
SPECIALLY BREWED FOR EXPORT
DAI NIPPON BREWERY CO.
GIMITED,
TOKYO, JAPAN,
BOLE AGEN IS
MITSUI BUSSAN BAISHA, LTD.
BONGKONG,
REPORT,
SATURDAY, NOVEMBER = 3RD,
1923.
HONGKONG WEEKLY SHARE | released mind of man was solved.". A beginning might be made by the right methods of eduention and vocational select Mears Benjamin and Potts in their tu to zcoid the misery of uncongenial Occupations The man with an active weekly sharp report say ---
mind must have the opportunity to bring forward his idens. Otherwise he was condemned to mental death rating
firm
Mr. John Los, Controller of Post Office Telegraphs, spoke on " Ethics of In- dutry. He said, that when one analysed the apparent ebb and fow of economic progress and found tunt the "fdeur op
The local market bag shewn very little activity since the issue of the last circular of the 26th October, and the volume of business put through has been small, but otwithstanding this. prices have kept listinely that market is steady and rut shew little changany static and,sacorssful organism did not Banks-Hongkong and Shanghai Banka seem to be so alluring or perhaps so in- have ruled utendy during the week with spiring to individual effort as the vari sales made at $1,100 to $1,100. The Lion which came as the result of many. London quotation is £124 109. (middle). causex To aim towards stability w
Marine and Firs. Insurancea -Unions not, in his opinion, the same aims as have been placed at $2303 to $232 to dream of a static and finally completed Cantons bave continued their rise and form of industrial. organization. are in demand at $655. There are en». quiries for North Chinas at T. 140, China Fires at 8133 and Hongkong Fire at $493
Shipping-Hongkong, Canton and Macao Steamboats have been done at #451 Herigkong Tugs have been negot iated as 81.90. Star Ferries have in- proved to $66
KI Refineries--China Sugars are a trife Malabons his
have firmed up to 800,
Oils and Mining-Raubs have advanecd to #1. A small lot of" Shells changed bands at 72/6. Kailans at 63/6 and Tronobs at 30/: are saleable at quotations Langkats have eased off to TL. 3} Electric Companies. There are buy ers at Hongkong. Electrics at $3s after transaction at this rate, Hongkong Trams have reacted to a higher level at 8941 Deals have been made in China Eights at $150 and $13.70 for the Old and New shores respectively."
Docks, Wharves and Godowns.-Hong- Long and Kowloon Wharves fell away alightly at the "beginning of the week, but have since recovered to a buying rate of $155). Hongkong and Whampoa Docks are asked for at $151. Shanghai Docks are wanted at Tha. 93.
HONGKONG SHARE MARKET CLOSING - QUOTATIONS
NOVEMBER 2MD, 1923. Hongkong and Shanghai
Banka
$1,093 b, 1,100 an...
1991.b.
Canton Insurances Union Insurances ******
Steamboats ******
Star Ferries
Chins Bugar
Langkate (Combined)
...106 b
1233 b.
Tis. 33) b.
Docks ....... Dock
$150 b
Kowloon Wharves
Hongkong Hotels .................. 27. Î EWD Cottrar
Cottons (Old)
Dairy Farms..... Waterboats
Watsons. *******
896,40 K
322 b.
Hongkong Electrics ...... 132 b. Hongkong Tram .............
b.-buyers; s-sellers; sa—sales,
Lands, Hotels and Buildings-Hong CE. WARREN CO., LTD
kong Lands have been bought at $87. Humphreys Estates have again como to business nt get. Prince's Buildings have advanced to $140. Taeroare bayers of Hongkong Hotels at $97 and-- $26.95
for the Old ́ ́and. · New`· shares res
SANITARY. ENGINEERS.
MONUMENTALISTS, &c.
pectively. An interim dividend of 75 OFFICES & 198A, Wanchai Road, cents and 60 cents per share on the Old GODOWNS.. and New shares has been declared, payi able on the 19th inst.
Cotton" Mills-Ewog were dealt in at Tis. 13.60, but does firmer, with buyers at Tla 131. Orientals at Tla. 57 continue neglected. Shanghai Cottons (Old) - ars quoted Tls. 77 buyers, while the New sharey (Tis. 25 "paid up) stand at a nominal quotation of Tls. 51, which is
TEL NO. 509.
HONGKONG.
JUST RECEIVED A NEW SUPPLY OF "8" & "P" TRAP CLOSETS.
the equivalent of Tis. 90 on the cle Stock for immediate delivery.
All kinds of Builders' Bequisites, in
basis.
Estimates Free for all kinds of Sanitary
Marble and Hongkong Granite.
A New Block of Artificial Wreaths 2018- Arrived-From 18" to 8" Diameter.
Miscellaneous-China" Providents have been booked at $8 and Dairy Farms at Work-Moonmental Works in Italian $221. Green Island Cements have for ther declined with sales made down tol $25) Hongkong Ropes have been put through at the improved price of $41 There are buyers of Lane, Crawfords at $17 after transactions at this rate. Hong kong Realtys have been taken off the market at 82.30 to 92] and Taxicaba at $4.90, Hongkong Constructions have strengthened and could be placed at $72. Canton Tees are offered at $91.... Forward Settlement DaysTuesday. November 27th, and Thursday, December 20th, 1923
Exchange, The TT. selling rate on London to-day is 2/3 and on Shanghai
MONETARY POLICY AND
TRADE
“FORDISM" IN INDUSTRY.
At the conference at Balliol College, Oxford, of industrial administrators, on September 22nd and 23rd, Mr. H. D. Eenderson (Editor of The Nation) speak-| ing on "Trade Forecast and their Falue," said there was no such thing as normal trade, with isolated boɑms and depressions. We were always at some period of the trade cycle, and the war and its aftermath had only intensified the boose and the following reaction. Booms and depressions followed a regular course,
GENERAL REPAIRS PROMPTLY ATTENDED TO:
[1458-
CALABASH, B.B.R. LOEWE'S, DUNHILL, and FRENCH-
BRIAR PIPES
in all Shapes, ranging from $1.50 cach
Call and See them.
HONGKONG CICAR STORE, LTD.
[83
When in doubt about your eyes
your glasses
Consult
CHINESE OPTICAL CO.
Eye-sight Specialists.
The question arose whether it would not 67, QUEEN'S ROAD CENTRAL
be possible by a monetary or banking: policy to keep prices stable and prevent the boon turning into a period of rapidly rising prices and speculative activity, and whether, by thus keeping prices and trade on an even level, it would be possible to diminish, greatly the fluctuations" "of trade f
That could not be done without a monetary policy entailing' either the final abandonment of the gold standard or go- operation between the contrallunka" of the various countries to stabilize the puri chasing power of gold. A great deal could be done by the banking system alone without any monetary policy. At pre- cant all the signals, seemed to be set right for a trade revival, but nobody could confidently propia a trade re vival for two reasons. First there an the factor of politient complications, but if that were the only trouble the revival was certain.". The second was that there were reasons for fearing that the appar ent - case of money conditions was Blusory
Mr. L. Urwick, speaking on “ Old and New in Business, urged the importance of definition, analysis, experiment, and observation so the weapons of scientific management,. Other antions were strain- ing every nerve to develon the brain- power which can their industries to a pitch cf efficiency hitherten roamed of in the world's history. Great Britain could keep its place in the race only by better methods of management,
Dr. M. Wilson, combating recent condemention of "Fordism" in industry, said civilzation itself was a process of
Fordizing Ho believed the whole of industry matte Fordized and the buman mind losed for other activity, Manatiny was the problem of to-day, and there would always be trouble until the problem of what to do with the reations
Hongkong.
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
LY GIVING OUR
CENUINE DRY-CLEANING SERVICE TRIAL
THE STEAM LAUNDRY CO.
HEAD OFFICE and WORKE; VAUMATI, Tal K 32 HONGKONG DEPOT: 16,, Stanley Street, Tel. C 1879.
69, Praya East.
KOWLOON DEPOT: 18, Canton Road. CANTON (19, Sharki Central, Fast,
.ན་:་ ་
GREAT REDUCTION SALE
FOR 15 DAYS ONLY.
Ficm October 26th to November 10th.
ALL KINDS OF LADIES' FANCY GOODS including Swatow Drawn Work, Canton Embroidery, Hand-made Laces, Itory, ware, 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.
SOMETHING YOU NEED.
DRAWN WORK and EMBROIDERIES of EVERY DESCRIPTION
Shawls, Hand-made Laces, Drawn and Embroidered Handkerchiefs, Beaded Articles and Necklaces. Sultable for Xmas Presents to send Home.
CHINA SILK & EMBROIDERY CO., LTD.
Wholesale and Retail Merchants, $7, QUEEN'S ROAD CENTRAL (NEXX MADAM FLIST's).
SOME DISTANCES IN THE SOUTH CHINA SEA AND PHILIPPINE ISLANDS
On Sale st
BY CAPT. G. H. PENNEFATHER.
BREWER & Co., Pedder Streak.
YE OLDE PRINTERIE, L, Queen's Bond,
S. O. A. E. O.
THE FAR EAST OXYGEN AND ACETYLENE CO., LTD.
DEALERS and MANUFACTURERS of
Carbonic acid, Ammoniac, Anhydrous sulpurous.
of Calcium, Motor Oyele acetylene tanks,
equipment for low and high pressure sutogenous welding.
Autogenons welding of all metal by Oxy-Austylenio and
Electric processes.
Boiler Repairs a speciality.
Apply No. 20, Des Vœux Road Central, 2nd Floor
Tol. Centrál No. 2244.
Prompt refilling at moderate prizes of all kinds of Motor
Cyclo scotylane" tar