1925-01-20

Page

SPECIFY

SX K. F.

BALL

BEARINGS

ON ALL MACHINES YOU ORDER.

can apply Bearings for all kinds of Machines,

POWER SAVING, NO HOT BEARINGS.

SELF ALIGNING

REQUIRE LESS ATTENTION,

THE HONGKONG DAILY PRESS, TUESDAY, JANUARY 20TH,

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD

Tel. Central 236

SOLE AGENTS FOR HONGKONG,

Address: 3, Queen's Buildings

QUEEN'S THEATRE

To-day to Wednesday, Jan. 19th to 21st,

at 200 p.m., 5.15 p.m., 7.15 p.m. & 9.15 p.m. ENTIRE CHANGE OF PROGRAMME

MANILA VAUDEVILLE CO.

PRESENTS

Misses Miami, Dimple & Millie

Latest Songs and Fances. The Alabama "Bros.

(Dick and Raymond)

Comedians'.

ALSO

CONSTANCE TALMADGE.

"WOMAN'S PLACE"

A First National Attraction.

HONGKONG ENGINEERING & CONSTRUCTION CO, LTD.

STRUCTURAL ENGINEERS AND CONTRACTORS. SPECIALISTS IN REINFORCED CONCRETE CONSTRUCTION."

FOUNDATIONS BY THE FRANKI PILING SYSTEM.

Our Head Office has been moved from Powell's Building, Des Voeux Road Central, to more commodious premises on the 3rd. Floor of St. GEORGE'S BUILDING, CHATER HONGKONG, (over the offices of Messrs. Shewan Tomes & Co.)

Telephones

Central 4581 (two lines).

We have much pleasur in introducing

LA TROPICAL PERFECTOS The Finest JAMAICA CIGARS ever manufactured. Made by the Famous Factory of

B. & J. MACHADO CO., LTD., Try A Box of 25 To-day.

ABAQUERIA FILIPINA

LEADING TOBACCONISTS, OPPOSITE QUEEN'S THEATRE

WHAT IS

PROMONTA?

CHINA'S CUSTOMS REVENUE.

** LIVING IN A FOOL'S PARADISE."

When at the beginning of the present week we set about finding causes, in the midst of apparent trade depression, for the increased Custams revenue of China, representing in the case of Shanghai an increase of Haikuan Tls. 70,000,000 in trade, figures were not avail- able for a completa analysis. This we pointed out and accordingly confined ourselves to a curaber of general con- siderations, one of which was that the medium sized firms doing a larger business

less than heretofore, while the really firms were not. This conclusion is atrikingly borne out in the weekly busi- ness circular issued by Messrs. Jibert & Co., which in addition places a none soo favourable construction upon the fact. Tables of the import of cotton piece goods, yarn and woollen cloth are given in the circular mentioned, and, adducing his conclusions from these. the writer goes on to say:--

big

were

"It will be seen from these tables that the importation of cotton cloths into Shanghai was greater than in 1997 by about 4.000,000 pieces, representing zay, a value of Tis 33,000,000. MIEL Becounting therefore for a possible Tis 1,750,000 increase in revenire. The reduction in unportation of yarn would bring this figure down slightly but this would be more than offset by the "heavier figures for woollen goods of which 30,000 more pieces were imported at a probable value of Tis. 1,500,000.

increased producing an

revenue of about Tis 25,000 to be drawn from these "figures

rures is that business has once again reverted to the unsound basis which existed in the past, and which bas more than one brought disaster to the market bere and in the other Treaty Ports. Inquiries prove that many dealers of experience and good standing have had little or no share in the increased imports and in fact had a substantially smaller turn-over in 1924 thun in any previous year, and that dealers with nothing to lose if things went against them have been importing indiscriminately with little regard to the state of the market. So however, as certain banks can lang be found to Enance business of this nature there ean bo no remedy to this state of affairs, and the legitimate

trader must be, content to stand aside until the inevitable liquidation of bankrupt stocks takes place.

"The moral of the situation can be read in the fact that 453 recognized Shanghai native piece goods hoog have gone out of existence in the past few weeks. It was already well known in the antume that most of them could not even produce sufficient funds to pay the import duty on their goods."

If this is a correct estimate of the position and one recognizes that a firm of this standing would be the last to in-

1925

A good old English Custom

Keeping the port travelling round the table is an old custom still maintained by a few English clubs-like Kensitas Cigarettes, sir, always passing round good company.

The soft, mellow-smoking qualities of Kensitas Cigarettes make you want to keep on enjoying them, and the last smoke is as good as the first, because all Kensitas are "as good as really good cigarettes can

Kensitas

Manufacturera ?

the preferred cigarette

'), WIX & SONS -- LTD - 176-5-5 PICCADILLY - LONDON -W9,1 - ENG. #kalesale omis: DONNELLY & WHYTE, Distributors for Hongkong an South Chics, 2 QUEEN'S BUILDINGS. Telephone: Contra-134.

Jenkyn

Obtainable dz Lane, Crawford,

Ltd. Tabaqueria fpina. Graeco-Ersuan

Toalcro tore. and all high-cla

Todacrist

At 95 cents

per un 50 !

EVERY BRITISH CHILD SHOULD SEE

WHEN KNIGHTHOOD WAS IN FLOWER

Showing Next Saturday at THE CORONET

Well Worth Your Inspection.

VELOUR HAT

***

$25.00 value

On Sale...

...$15.00 $25.00 to $10.00 vaina PATTERN HAT

On Eale... "$15.00 to $25.00 FELT HAT,

$15.00 valua

$20.00 value

...87.50

...$12.00

On Sale!.. KNITTED SWEATERS....

On Sala...

MAUDE BRENNAN.

FLOOR. ASIATIC BUILDINGS.

dulge in sensational speculations on the C. & WARREN & CO., LTD

situation in its letter to its clients-it

is to be feared that the greater Customs revenue simply means that Shanghai and other parts are living in a fool's paradise We have seen situations such as this be

BANITARY ENGINEERS." MONUMENTALISTS, &c.

fore, and all they have done is to work OFFICES)91D, WYNDHAM STREET

harm to foreigu and Chinese interests alike.-C. Daily News,

HONGKONG SHARE MARKET. OLOSING QUOTATTONK.

JANUARY 18TH, 1925. Hongkong and Shanghai

Baru T

$1,190 b,$1195 ka. Canton Insurances

.3755 nom. $715 nom. Hongkong Fire Insurances..

3260 B Union Insurance.

b Dong's Biesmahips... 354 1 HK., O. & M. Steamboats..1381 b, Sta" Ferries masamaan 258 D. Waterboat

Transports:

China Sombined) Langkata

Kowloon Wharves Whampoa Docks... Shanghai Docks

H.K. & S. Hotels

Hongkong Lands “.......................

..38-b

se bom. The new.

$1650m

Ti 108 nama

(old) $18. (new) 317) a, & sa $109; by $109 m.

Fampreys Estates............ Ewo Mills.... Shanghai Cottons

Orientia

Comaata (combined),

T. 12.60 b. (old) Fla. (1) (new) 33 nom.

a. 4.20 now. sagi b.

..$16) b. & sa.

$8.50 b. #261 b.

China Lagate (combined)....25

(old). Providenta

((new)

Dairy Farma

Elmatrica

****. Bibb, ste↑ 8. Hongkong Ropes (combined) $58 Rom. Tramways. CHETD

$53). Wstwood --(ald) $23) nom,[new) $14 b. Peak Trams (old).

$26. b—buyersz_s—seliers; sa—saķes.

PLAYS SPOILT BY CURTAIN CALLS.

ABSURDITY OF BOWS FROM "DEAD" PEOPLE

Ix. 0. 269.

HONGKONG.

JUST RECEIVED A STOOK OF

× 4 RECTANGULAR RAIN- WATER PIPES.

HEADS & SHOES,

H. P. WATER FILTERS, BATHS, BASINS, Etc.

ESTIMATES FREE ICA AL Kapa or MONUMENTAL WORK ko., 18 ITALIAN MARBLE-POLISHED OR FINELY PUNCHED HONGKONG GRANITE.

To OWN ON SELECTED DEGY,

A LARGE STOCK OF ARTIFICIAL WREATHS,

(145

UNION WATERBOAT COMPANY.

The Union Waterboat Company Limit ed advises that, subject to audit, the nett balance Profit and Loss Account for the year ending 31st December 124 is $70,100.02, of which amount the members of the Consulting Committee will, at the approaching meeting of shareholders, re- command the following distribution:-

Pay a dividend of $1.25 per Transfer to pipes and staging

$34,053.75

special repairs fund 5,000.00 Transfer to insurance lund... 10,000.00 Transfer to superannuation

Tund

10,000,00 Carry forward to new account 10,545.27

Is British drama spoilt by the eternal BIG THEATRICAL COMBINE, curtain call? Mr. Matheson Lang con- siders that the whole point of many

Mr. E. J. Tait, one of the three manag modern plays is spoilt by the demand for ing directors of J. O: Williamson, Ltd., the principals--sometimes at the end of said at Sydney on December 14th, that each act.

He gives as an instance the end of the first act of The Wandering Jew," when the heroine' is dying and the Jew, who has spat at the crucified Christ, has been sent repeating into eternal earthly life, the call is singularly inappropriate.

for some time negotiations had been in train by Sir Geo. Tallis, ip London, to effect a combine with other great firms to ensure a free exchange of artists and pieces between England, America, and Australia. Ultimately enormous sums, of money will be involved in the proposed "A curtain call which interferes with arrangements bat Mr. Tait pointed out the sequence of the play should not be that affairs of such magnitudo take time tolerated," said Mr. Ivor Novello to a to develop, and that playgoers on this Daily Express representative. Many side will not be affected immediately. As plays spoilt entirely by the a matter of fact, the first two enterprises atmosphere being lost, owing to senseless will be launched in London and Edin- and reiterated curtains."

burgh. Their importanre consists in the Mr. Tom Douglas and Miss Jeanne de fact that they point to the successful

of Casalis are of opinion that the curtain conclusion, so far, the operatione, call is "a curse,

which ruins in many which will be extended rapidly through- The Coco the whole idea. The man who has out the English-speaking world committed suicide, for instance, appears frst productions will consist of Lightnin and bows three times before the audience. Jones, of the Shaftesbury Theatre, Lon This they regarded as an absurdity, and don, and of Frasquita the latest operatta declared that curtains should be reserved by the composer of The Merry Widow. for the end of the play.

[in Edinburgh.

GLORIA SWANSON ·

AMERICAN WIFE

CHARLIE CHAPLIN

THE FLOOR WALKER

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