Page
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
Tel. Central 330.
SOLE, AGENTS FOR.
THE HONGKONG DAILY PRESS,
2, Queen's Buildings.
BELL'S UNITED ASBESTOS CO. LTD..
MANUFACTUREKS "OP"
Victor Metallic." "Dagger,"
"Reefer" Fackings.
Bell's Asbestos Compositions.
'Quadruple" and
"Salamander Engine & Cylinder Oils.
alamanderiteJointing."
ICY-HOT
BOTTLE.
A Useful and Much Appreciated Present for All Occasions.
THE CHINA DISPENSARY
82. QUEEN'S ROAD C.
TELEPHONE C. 2598.
THE FRENCH STORE,
Invite their Patrons to Inspect.
THE CHOICESTS SELECTION OF PERFUMES
from the Best PARIS HOUSES :--
ARYS, COTY, HOUBIGANT, GUERLAIN, LUBIN, GRENQVILLE, GIREAUD, RIGAUD, A. BOURJOIS & CIE., GELLE FRÈRES, D'ORSAY, GADILLA, F. MILLOT, ROSINE, & VOLNEY.
CONFECTIONERY AND CHOCOLATES
of the Finest Quality and Description in Great Variety from L. JACQUIN PARIS, DRAGEES AMANDES, DRAGEES LIQUEURS, DRAGEES NOUGAT, "NOUGAT EXTRA, MARRONS-GLACES, CARAMELS FOURRES, FRUITS EXTRA GLACES, BONBONS, CHOCOLAT-PRALINES, Surfios BOUCHEES. Nougat. Surfines AMANDES IMPERIAL Surfisee BOUCHETTES, LOLOTTES SARLADISES, etc.
CRACKERS
A LARGE AND WELL CHOSEN STOCK.
SOMETHING NEW
FOR CHRISTMAS
AT
THE SWATOW LACE CO.
NEW PATTERNS of Swatow Laces and Drawn-Work BEAUTIFUL Showls, Capez, Scarfs, Dresses and Underwens.
·FINE CARVED Ivory, Mother-Pearl, Tortoise-Shell and Amber Beads,
Pendente, Bracelets, Brooches, Mab-Jong, Lanterns, Lamp-Ebades and a
GREAT ASSORTMENT
ор
NEW GOODS ARE GOOD.
FOR
XMAS PRESENTS.
INSPECTION INVITED I 17a, Queen's Road Central.
YE OLDE PRINTERIE, LTD. PRINTERS, BOOKBINDERS, LIC
14 QUEEN'S ROAD. CENTRAL
(NEXT DOOR TO Lazards)."
V. C. LABRUM, Managing Director
The CITROEN.
The Last Word in Car-Economy
RUNNING
Less Tyres:
COSTS LOWER.
Loss Oil
Winner 3 years running 1999-21-26. Grand Prix for Law Consumption.
Cars for Sale:
LEPACK CO., LTD.,
50-52, Queen's Rd. C.
THE PRICE OF RUBBER.
`FRIDAY, NOVEMBER 23RD, 1923.
AMERICA'S MOTOR
INDUSTRY
THREE MILLION CARS A YEAR
The first anniversary of the publication. of the Recommendations of the Steven Bon Commission which came into force on November 1st was passed on October
According to Mr. E. M. Millor, statis- 12th The average price aimed at by the Commission was clearly Is 3d. per lb., tieian of the National Bank of Commerco remark Messrs, Sanderson & Co., the in New York, there are in the United Mincing Lane brokers. In case thera States and Canada over 88 per cent. of could he any doubt on this point, there the registered motor vehicles of the world. is on record telegram from the Chair-An article in the October issue of tho man of the Rubber Growers Association bank's magazine. Comuneres Monthly, to the Rubber Association of America tates that from the standpoint of value stating that this was the object in view. of product the industry is aow third in More than 400,000 The monthly average price for eleven the United States. months, that is from November 1st, 1990, workers are directly dependenso0, to September 30th, 1923, has been 18. 3d it for a livelihood, while the per lh, and if we include the perind of ber indirectly dependent ou it is October after the announcement of the much greater, At the beginning Restriction Scheme the average works out 1 there were about 14,500,000 1s 2d. The highest price touched was registered motor vehicles in the world. 1a. Bid on spot in February, and the and the United States and Canada pos lowest price recorded this year was la. sessed 88 per cont. of them. The propor
d. in Mag. Five months show an arer-tion of the annual world output of auto- age under is. 3d., and six months an mobiles and trucks produced jointly by the average over Ts. 3d. The Committes United States and Canada is probably responsible for working out the scheme even higher, for together they dominate can surely be satisfied with the result.the markets of most iniporting coun- Those who complain of present prices tries.
of
com-
must be somewhat lacking in a sense of Statistics have proved that the trend proportion in view of the position of the is-toward the lower-priced cars. While planter in 1921. and 1992 anterior to Re-comparable data for 1919 and 1022 are strictions, always keeping in mind that not available; according to the United we have only had the scheme in vom Stales census in 1921, 88 per cent, of plete working order for four or five all complete passenger cars and chassis months.
We may add that in market were made to sell for less than $1,500. circles the recent liquidation is attributed Car ownership ik exerting a powerful to State hulls, and to the fact that influence on the manner of life of the September shipments werc some 8,000 American people, and in no direction tons over these for August. This cans is that influence morn beneficial or more that stocks in the East must have been | powerful than in its tendency to over" depleted as outside imports do not ac- come the concentration of the population count for the difference. The share mar-in the cities. Those employed in them. ket has reflected the commodity condi- are no longer obliged to live either pear tions, though the dividends that are being their work or near na electric or steam declared by plantation companies are milway. This has greatly increased the satisfactory and must give heart to the practicable suburban territory con- shareholders, even if the share market iguous to such cities as New York and is idle for the time being. The industry Chiengo, but the effect of the automobile is sound enough for those who wait, has probably been even greater in the though encouraging fuctors just at the environs of the smaller cities, where the moment are not present to hearten the automobile may be used to cover the holder or investor. A well-known rubber entire distance to work Eight. ten, or authority, who desires to conceal his even fifteen miles are practicable dis identity under the com-de-plume of "Elastances for the daily trip. The cost of tic. writes to a financial contemporary car operation is frequently shared in that facts should synchronise with figures, various ways. Thus, if more than one but that they apparently do not do so in member of a family is employed in the the rubber industry. After sketching the town or city, the actual cost of history of prices since the 1010 record Sgare, be remarks that much has been mutation by car may not much exceed said and written that might well come In other cases workers living in the same the former expenditure for railway faro. undor suspicion of taiat, and not without fecality frequently share the expense of reason. But the "hope deferred maketh the daily trip, either by actual cash pay. sick the heart" not of the seller alone; the buyer-paradoxical though it may weeks, or by means of some similar ment, by the use of cars in alternate appear often shares his feeling, for he, in turn, is a seller of the commodity in
arrangement.
"A factor of great importance in an altered form, and usually carries hia part of the burden, as witnessed by the judging the future of the industry is the expensive forward contracts for year very large proportion of cars bought on Auto- ahead, and the heavy inventories of crude the deferred payment system, rubber carried by manufacturers and re motive Industries estimates that 76 per vealed to public gaze in published accent of all passenger cars sold in 1999 counts during the past three years. The were bought by this method. It is ex- Sgures are here again--why does the conpected in the trade the sumer not buy now! Simply because he 2,000,000 ons will be produced in the enr only. This is materially below the pinto América, the largest customýr, has been suffering from a nervous break. Present capacity of the industry, which down in business. She always worked now probably exceeds 1,000,000 cars per at bigh tension, and was subject to the year. trucks included, and which is still extremes of her temperament. Her in expanding." dustries are sound and her: prosperity assured, scared though she may be by the conditions reflected from ber less fortu nate neighbours. All that is wanted is a little patiences Buyers will buy when they can, and sellers then can sell. "But it in futile to expect the best customer to load up stocks of crude to the annoyance of bankers on December 31st. The new year will bring release, and facts will have followed the figures-China. Hepress (London).
WHEN YOU RETIRE.
· ATTRACTIONS OFFERED BY
* AUSTRALIAN STATES..
British residents in the East who do not wish to retire to the old country will be interested in information which the Aus tralian Trade Commissioner in the East (Mr. E. T. Sheaf) has obtained from tho 'Governuwent of Australia on the sub- ject. The official statements deal with the "muse of ná elderly couple, who wish to live £950 per annum, derived from the in- vestment of £5,000
In Western Australia £5,000 could be imated with absolute security, and bring in an income of considerably more than 2250 a year. With economy it man and his wife might live in one or other of half a dozen desirable little coast towns on yearly income of £250. The Minister for Industries writes that the state offers special attractions for Anglo-Indians, and he would like to see good number of this
class of people residents, in the state.
1
In South Australia, according to the Government statement, an elderly couple 'cogld undoubtedly live in a quiet way: in Ascanido town og £230 per annum. Naturally, a good deal would depend on. what was meant by a quiet way, and whether the couple would desire to be in a fashionable arasid resort, where rents were naturally higher, or in
not
in the small hill townships within a few miks of Adelaide who rent a four.
for the same |
An alternative ed
amount of money as
med cottage at a seaside resort, a comple would be able to rent equal accommoda- tion with an nero or so of land:
In New South Wales it. should
easily be possible to realise £250 a year on capital of £5.000. A couple could live in a quiet way ja "N.S.W. seaside town on £250 a voir, but this refers only to towns out. | sido Syducy. In Sydney it could not be
done comfortably, even in a quiet way.
The same applies to Queensland, Victoria and Tazmadin)
HONGKONG SHARE MARKET
CLOSING QUOTATIONS
NOVEMBER SAND, 1923. Hongkong and Shanghai
Banks............$1,055 b.
b. Union Insurances
Douglas Steamships., ... $55 8. H.K., C. & M. Steamboats 1465 b "Star" Ferries
Langkats (Combined) Kowloon Wharves 2. Whampoa Docks Hongkong Lands Humphreys Estates Bwo Cottouse Cementa........ Hongkong Ropes
Chins Providents
Watsons ? Hongkong Electrics
.800) 813
Tis.
$155 9.
$151 b.
186 811/85 s.
$23 b.
Tis. 12)
ม.
b. & st. bb, 40 sa.
...12-11244 BUL
$21 b 431b.
b-buyers; a-sellers; 10-gales.
DANGING.
PALACE HOTEL.
THE POPULAR JAZZ BAND
of
H.M.S. DESPATCH” Will Play at the above Hotel on SATURDAY, the M4r1 NOVEMBER, 1923
DANGING—9.15 PM.·°
THEATRE
[1801
ROYAL
HONGKONG AMATEUR. DRAMATIC CLUB presenta
THE FAMOUS ROBOT PLAY
"R. U. R."
KAVEL CÅPEK.
SATURDAY, 8TH DECEMBER, at 9.15 r.. MONDAY, 10TH DECEMBER): at 9.15 F.Mi
The Manchester Guardian's London WEDNESDAY, 12TH DECEMBER Matinee,
at 16FM
correspondent says that the Cabinet is considering the question of the alters- SATURDAY, LETH DZUZMREE, at 9.139.M. tion of the constitution of Ladia to enable the Viceroy and Commander-in-Chief to come home on leave during their term of office. The suggestion is old, but it has become urgent by the pressure of Lord Rawlinson, who is very anxious to proceed ca furlough
·∙$3, $2 & $1.
Booking Oress at ANDERSON'S
7TH NOVEMBER
[1602
CLEANERS
SEND IT
TO THE LAUNDRY
T:0
KEEP
YOUR CLOTHES
« LOOKING NEW
THAT'S OUR JOB.
THE MORE YOU USE OUR
DRY-CLEANING SERVICE
THE BETTER FOUR APPEARANCE WILL BE
TEAM LAUNDRY CO
HEAD OFFICE and WORKS: YAUMATI, Tal. K 32. HONGKONG DEPOT: 16, Stanley Street, Tel C 1379.
62, Praya East. KOWLOON DEPOT: 19, Canton Road. CANTON1-19, Sharki Central, East.
SIND FOR PRICE-LIST.
MATSUMURA,
5, Arsenal Street, Hongkong. "DEALER IN GENUINE
ART
CURIOS
Ancient and Modern
Successor to Nikko
Artistic Gold, Silver, Bronze, Damascene, & Lacquer Wares, Batsumis Porcelain, China Tea Services, Embroideries, Silk Lampshades, etc.
GREAT REDUCTION SALE
FOR 15 DAYS ONLY. From October 25th to November 10th.
ATL KINDS OF IAD IS FANCY GOOUS
including Swatow Drawn Work, Canton Embroidery, Hand-made Laces, Ivery-ware, Beaded Works, etc., etc.
DON'T MISS THIS OPPORTUNITY.
CHINA DRAWN WORK CO.
(YUEN CHEONG)
40, Queen's Road Central.
PIANOS FOR SALE OR HIRE.
TSANG FOOK PIANO Co.,
94, WANUKAI Road, TEL. 2127.
"DO BE CHAIRFUL" COMPANY
· Makers of Durable":"Seagrass, and" -Batian Furniture, in which the harmonious blending, exclusiveness and artistic designing are so pleasingly evident.
A visit to our Store at
51, QUEEN'S ROAD CENTRAL
will convince you of the 2-in-1" principle
uccessfully applied.
PERFUMERY
Manufactured by
RIGAUD, PARIS-
"AIRE EMBALSAMADO” "MARY GARDEN” "HORA CARIÑOSA
DULCE MIA"
*LILAS DE RIGAUD"
Obtainable from
VICENTE ATIENZA,
18, Nathan Rd., Kowloon Telephons 1.158.