Page
THE HONGKONG DAILY PRESS, THURSDAY, DECEMBER 4TH, 1924
THE UNITED ASBESTOS ORIENTAL AGENCY. LTD.
Tel. Central 203.
BRIGGS
AGENTS FOR
2, Queen's Buildings,
BITUMINOUS
ENAMELS & SOLUTIONS."
SOLE AGENTS FOR
AL
UNION
ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS
FOR SHIP'S BOTTOMS.
QUEEN'S THEATRE.
WEDNESDAY AND THURSDAY, December 3rd and 4th,
at 2.30, 5.15, 7.159.15 p.m..
ALICE LAKE
IN
"THE GREATER CLAIM "
A Drama of That in Life which is More Powerful than
Passions, and which is Finer ever than Löve.
TO-DAY AND THURSDAY
Entire Change of Programme
at 5.159.15 p.m.
Miss BESSIE - LESTER
The Popular American Comedienne
FRIDAY, December 5th BABY PEGGY
"THE LAW FORBIDS" 7 pts.
FOUNDATIONS
FRANKI FILING SYSTEM
I ETTERS PATENT IN HONGKONG No. 13 or 1924.
We are the sole licencees for China (including all Treaty Ports and Foreign Concessions, but excluding French Indo- China) and for the British Colony of Hongkong and the Portugese Colony of Macao.
Sites Examined and Reported upon Free of Charge. Apply to-
RONGKONG ENGINEERING & CONSTRUCTION CO., LTD.
HLD OFFICE:-Powell's Building, Des You Road Cestri. Telephone Central 4581 (two lines).
X
[1531
FOR CHRISTMAS GIFTS.
SMOKER'S NOVELTIES OF ALL KINDS.
We offer the BEST SELECTION TO BE SEEN in HONGKONG of Novelties Just Received from LONDON.
ABAQUERIA ILIPIN
LEADING TOBACCONISTS OPPOSITE QUEEN'S THEATRE
THEATRE
ROYAL
SIX NIGHTS
COMMENCING AT NINE O'CLOCK
DECEMBER 12th, 13th, 15th, 17th, 19th and 20th
THE YEOMEN OF THE GUARD
BOOKING NOW OPEN AT ANDERSON'S
PRICES —$3.00, $2.00 and $1.00.
ECONOMIC RECOVERY IN
GREAT BRITAIN.
AN AMERICAN VIEW.
BRITISH INDUSTRIAL CONDITIONS BETTER THAN IS GENERALLY BELIEVED.
4
A study of the economic, condition of Great Britain by the National Bank of Commerce in New York in the November issue of Commerce. Mauthky?" the Bank's, magazine, rejects the pessimistic reports as to the trend of developments. The Bank conslude that the condition of British industry as a whole is better than. has been generally believed.
.Taking industry as a whole tho volume of production and trade has made encouraging progress toward the level of 1913 For the year 1993 the average monthly output of coal was notlar under the year
iron 13; the monthly output of pigi
less than the 13 monthly average increased so per cent. over 1999 while the average monthly output of steel was in excess of the 1013 average. Pro Sta of many of the large iron and steel companies were also greater than in 1929,
Obtainable at LANE CRAWFORD LTD Tabaquena Filipina,
Græco Egyptian Tobacco Store, and all high-eau Tobacconists,
At 95 cents per tin of 30
SUCCESS OF THE D.O.T.
In regard to textiles toe bank points out that the general condition" of wool manufactures (in an, for as reflected in. the exports of the chief products) ap pears to be not markedly below that of 1913, and that the cotton textilo indus try although still notably below 1013 has shown substantial progress in 1992 and The Department, of Overseas Trade, 1993 over the year 1991, and in the first which has its office in the British Govern- six months of 1924 aver the correspondent Pavilion, is, in a sense, the pulse of ing period of 1993.
commercial activities at Wembley. The Inquiry Bureau has received hundreds of applications for trade information, and although it is difficult to trace deânite results there are many evidences that m real business bas followed as a result of the information which the Department has provided.
foreover the British shipbuilding industry as a whole recently has shown signs of improvement. The gross ton nage under construction in the United Kingdom according to Lloyd's figures has increased from the recent low point of 1,271,000 tons at the end of the third quarter in 1993 to over a million and a half tons at the end of June, 1924. The June figure is the highest reached since the end of March, 10. Moreover, the tonnage launched in the June quarter is the largest in over two years.
NOTABLE FROGRESS.
cords of this office and to pick two or Une has only to look through the re- three cases to realise the tremendous ad- vantages which have come to oversea buyers as well as merchants in the United Kingdom. In one case, A 6rm en- deavouring to obtain overseas agents for The decrease in unemployment and brake linings was immediately supplied
This the improvement in foreign trade also in with suitable names.
Arm bas dicate notable progress Probably the already obtained success in a valuable greatest industrial problem with which European market. In another case, & Great Britain has had to cope in
ubstantial buyer of preserved Foodstuffs post-war years has been unemployment. in one of the African colonies had pre- While it is true that in certain industriesviously bought mainly from Italy and the the number of unemployed is still large, United States, but he has been supplied by the middle of the present year the with a list of suitable firms in Canada, total number of unemployed among the Australia, and the United Kingdom, and workers covered by the Trade Union re-here the inter-Imperial ideals of the Ex- turns had been reduced to approximately hibition have borne fruit. 78,000 which is one-quarter of the number The Department.. through its overseas out of work at the peak, and the num- officers, bas assisted scores of foreign ber of unemployed among the workers business men to come into touch with covered by the Unemployment Insurance home manufacturers and dominion and Acta bad diminished to 1,000,000 or to colonial suppliers" of raw materials. half the number of unemployed three Trade and technical journaliste from all parts of the world have come to Wembley The improvement indicated is eren for material in
in the last four moaths, and more impressive in view of the London party of journalists representing Ecnaomiit'' estimate that there are about twenty countries visited the Exhibition 1,000,000 more people available for em-en one day. The information provided ployment in Great Britain than before by the Department and by
various the war and that in normal times not far pavilion officers made it possible for these short of a half million workers would be journalists to give British commerce on the register seeking employment. fremendous publicity in their various
countries.
years ago.
The volumes of experts for 1923 had attained nearly 75 per cent. of the pre- war figure and reexports and imports had reached respectively 31 and 93 per cent. Comparable igures of volume are not available for the first six months of 1924, but comparison of the value of the trade during this period with that of the first half of 1923 discloses a substantial increase in imports and a continued. although slight increase in exports, While these higures leave much to be de- sired in the matter of the recovery of British overseas trade, they do reveal a marked improvement during the last three years. Moreover, the decline in volume of Great Britain's trade has been to an important degree the result of a world problem, and the reduction in the volume of total world trade is relatively greater than the decline in British trade:
ing
MEANING OF FIGURES.
The Overens Settlement Committee, working in the Government Pavilion, has also done splendid work in helping to populate British Dominions overseas. It must be remembered that although Wembley is described as the Britis Empire Exhibition, every other nation has been represented in its visitors. After examining the records in the various pavilions. it can be definitely stated that Russia is the only country of any importance that has not regis tered orders with one or more of the countries and manufacturers represented in the Exhibition: This alone is a tre- | mendous tribute to Wembley's success.
anchester Guardian Commercial.
Valued Friends
Real friends, once made, never change, sir. Friends are rare and very valuable.
They're like Kensitas, sir, always the same and never depreciate.
That's why people always stick to Kensitas when once they try them.
They have discovered that Kensitas are
as good as good cigarettes can be.”
Jenkyn
Hanufactureva23, WIX 25ONS» Ltd · 1745# PICCADILLY-LONDON W.1-BNG, Wholesale only: DONNELLY & WHYTE, Distributors for Kang kong and South China. I QUEEN'S BUILDINGS. "Telephona: Central M
Kensitas
the preferred cigarette
CHUN HING MOTOR BUS COMPANY.
..
The following List is the Time Tabis af our Service from Lat Cu Kox to Un LONG and Vice Verss.
Every
From 6 AM to 6 PM. Hour Service
The Buses will Ban every Hour Daily,
UN LONG SERVICE.
From UN LONG to BEEUNG SHUL
From 6 AM to 6 PM
Every 40 min. Service
From La CH Kox
LAI MOX" Sou CRUEN WAN
Lu Mox Bou
to
Miata
"
OHDEN WAN
OHAI WAN Kor
CHAI WAN KOK
BUN CHANG
SUX CHANG BUY CHANG Qux Loom Too
TAI LAK OZUNG
Soo Koos Mux CASTLE PEAX
STE CRAND
Outro Luxo Tow... #Tat LAX Czywa
Soo Koon Mor CASTLE PRAT ST* Hoor
HEAD OFFICE at 635-639, SHANGHAI STREET.
TEL KOWLOON 1070.
DOUGLAS GRANT
KIRKCALDY, SCOTLAND
RICE
The largest and
most widely
Hole Agents in Boudh China
CHIKA LIGHT AND POWER CO., SOUTH
LIMITED.
On
:
400,000
$300,000.00
199,943
17,337,50 90,000.00
Moreover, when we turn to the pro- fits of leading industries it is found that for the most part a very fair return has At a meeting of the Consulting Com- been earned upon capital invested, and mittee of the China Light and Power Co., recent rate of earnings if not as high as (1918), Ltd.. held" at the Offices of the the prosperous year of 1913 has attained Company on Wednesday morning it was 3 percentage that compares fairy favour. decided to recommend to the share ably with the average percentage of the holders at the Ordinary General Meet immediate pre-war years. The reports into be held December 20th, that the appearing in 1923 show the net profits on profit, available for distribution be sp the combined ordinary and preferred Fropriated as follows:- capital were 9.8 per cent. and sfler allow-To pay a dividend of 15 cts.
for dividend payments, the compan
share per ies were able to carry to reserve an
shares (Old) amount equal to 2 por cent of the total To pay a dividend of 2.07 cts. capital. Again, the reports inade during per share on the Brat half of the present year show a shares (New) continued improvement disclosing net To write off Overhead Mains profits equal to 10.1 per cent of capitali-To place to Repairs and Re- zation and an amount carried to
to reserve
newals account equal to 2 per cent of capitalization. In To pay a bonus to staff of the reports issued in the years 1910-to 1013 the ratio of net profits to capitali-To carry forward zation averaged 10 per cent., and; the amount carried to reserve averaged 2.0 cent of capitalization. In other words, the percentage earnings in British Industries in the aggregate during the laat eighteen months, in so far as they are correctly represented by the reports included appear to have aver
averaged fairly. closely to those of the immediate pre-war. years. It would over-emphasize the des gree of prosperity to conclude from these facts that British industry had attained the supe degree of stability and prosperity prevailing in "the immediate pre-war years. Certain important indus- tries have not been able entirely to ex- tricate themselves from the vory difficult
Der
100%
PREPAID
LTD.
MILLING
MACHINERY
[1409
experienced makers
in the world.
DODWELL & CO„," HONGKONG.
MANCHURIA RAILWAY
Opskatins all LINEA DI SOUTH Manunuzi and Chonin (Kornaj ZasY OF MUKDIN,
SUMMER · HOLIDAY. RESORTS
N
SOUTH MANCHURIA AND CHOSEN
דיו
HOSHIGAUBA-Finest Seaside Summer Holiday Resort in North China. Five mile from Dairen, but connected with the city by special motor andcarriage road and clocki tramway. Yamato Hotal (36 rooms) and if furnished bungalowsin charming alin Bathing, Boating, Fathing, Golf, Tennis, Billards, Orchestra twice a week. Capital place garden for abikira OGONDAL -Most beautiful and select Benalde Besort in the Far East. Two malestrom Port Arthur Formerly the Bummer Resort of the high Bunisa officers and oicials. Tamais Hotel and so vitae and bungalows, morly with detached servante quarines, Emaller Bathing. Wonderful Bose Hondant Ficticing: Facilities. Orshtates twice a week Hikaria B tilefaida, Ruined and Diamantled Forts Kilow !
Best place for high-alasa 20000.00 POST, ARTHUR-Famous for its two memorable flieges and is beautiful landlocked Harbour. Braely one hour's journey Daites by express train. Yamato Eutel (16 rooms). Emalelent place of historical and socio interes to fill a month with a fresh walk or drive every day. Mos hoslthy and minbrione spot in the Far Eat. LONGOSAN, The famous Diamond Mezotain of Kores. A special Summer Honork Fraling Switzerland for climate and accey Bosutifal peaks and charming manden. Grand recuperative . matim. Kongowan Hotel (10 rooms) at Onseiri and Obosafi Hots (11 zooma) Cho suriz
6,500.00 21,421.70
$385,259.90
WANTED"
ADVERTISEMENTS
Letters are lying at this Office for Boxes XE, XL, XS, YI, 39, 40, 51,880, 979-1890.
5-SEATER: Apply CoxODORE'S OFFICE, Royal
157
situation following 1920 and in particular FOR SALE. DODGE branches of industry the profit situation Naval Dockyard. has been looked upon as highly unsatis factory. Nevertheless, the general con- dition indiented by the Fezonit figures
BWORK. Seven Year Experience Andit
RITISH ACCOUNTANT WANTS
is clearly more favourable than has often ing, Foreign Exchange and General Accant been held in this country."
ing-Write Box No. 56, e/o Hongkong Daily Preas
[56
In the Mixed Foursomes Golf" Cham-TOR SALE-Victoria Island, British pionship,' at Worplesdon, Mr. Roger Columbis. Desirable HUILDING PLOTS Wethered and his partner, Mrs. Stewart, for Residential House City and Country; were defeated at the twentieth hole by also Farm Lois, Apply-Tor No. 65, eso Ulona- Bliss Winn and Mr. F. Mead.
| kong Daily, Frank.
All under the direct management of the SOUTH MANCHURIA RAILWAY (CO. Matented Booklets and all Information post fres on riquest. Applications may be sent to the Hotel Managers at the various resorta or bo
THE SUPERINTENDENT OF HOTELS, Trado Department. Cables Add. Manyathu. SOUTH MANCHURIA RAILWAY, Dairon, Godes A.B.Q, 5th Ed. Al. Idobers.
CAMMELL LAIRD & Co., LTD.
Sheffield, Birkenhead, Leeds, etc. BIGH SPEED STEELS BEST CAST TOOL STEBL MINING STEELS SHEAR STEELS
FILES AND RASPS
** STOCKS KIPT AT
13, PEKING ROAD, SHANGHAL