THE UNITED ASBESTOS ORIENTAL AGENCY," LTD,
Tai. Central 938.
SOLE AGENTS FOR
THE HONGKONG "DAILY PRESS, SATURDAY, JUNE
2. Queen's Buildings.
BELL'S UNITED ASBESTOS CO. LTD..
MANUFACTURERS OF
"Victor Metallic," "Dagger," "Quadruple" and
"Reefer" Packings.
Bell's Asbestos Compositions.
“Salamander” Engine & Cylinder Oils
は
Salamanderite Jointing."
QUEEN'S THEATRE.
TO-DAY ONLY, at 5.15 p.m. & 9.15 p.m.
RICHARD BARTHELMESS The Star of "Tol'able David”.
IN
"SONNY "
Directed by Henry King
ALSO
LUCILLE ANDERSON
-IN
LATEST DANCES & COMEDY
ACTS.
TO-MORROW, át 6.00 p.m. 7.15 p.m. & 9.15 p.m.
RICHARD BARTHELMESS
IN
"SONNY"
IN ELEVEN PARTS.
TO-DAY ONLY, at 5.15 p.m. & 9.15 pm. THE YEAR'S GREATEST MYSTERY MELODRAMA GOLDWYN PRESENTS
"RED LIGHTS"
190
29
WITH MARIE PREVOST, JOHNNY WALKER, RAY GRIFFITH,
ALICE LAKE, ETC.
IT'S BREATHLESS. IT'S MYSTIFYING. ITS ONE OF THE MOST ENJOYABLE PICTURES YOU EVER GASPED AT. DON'T MISS YOUR LAST CHANGE.
STARTING SUNDAY, at 6 p.m. & 9.15 p.m. WILLIAM FOX PRESENTS ZANE GREY'S FAMOUS STORY
"..
"THE LAST TRAIL"
WITH MAURICE LYNN. EVA NOVAK, WALLACE BEERY. A STORY OF SENSATIONAL INTEREST IN WHICH A MYSTERIOUS STRANGER SPREADS TERROR AND WINS A GIRL'S HEART ALSO JACK DEMPSEY N "BRING HIM IN"
(THE IXTH OF THE "FIGHT & WIN" SEBIES).
WORLD THEATRE.
FERROCRETE"
RAPID HARDENING PORTLAND CEMENT,
.
THIS SPECIAL PRODUJT OF THE AS30CIATED PORTLAND CEMENT MANUFACTURERS, LTD., OF GREAT BRITAIN, DEVELOPS IN ONE DAY THE STRENGTH REQUIRED BY THE BRITISH STANDARD SPECIFICATION FOR ORDINARY CEMENT AFTER TWENTY-EIGHT DAYS !!!
WE HAVE BEEN APPOINTED SOLE DISTRIBUTING AGENTS FOR THE COLONY AND NEIGHBOURING DISTRICTS.
STOCKS
CARRIED.
INQUIRIES
INVITED.
98
HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.
-HEAD OFFICE:-ST. GEORGE'S BUILDING, UHÄTER BOAD.
Telephone Central 4581 (Two Line) -
49
CAMMELL LAIRD & Co., Ltd.
CONDOMINE THE LEEDS FORGE CO. HEWLAY WHIRL CO, EX Birkenhead, Sheffield, Nottingham. Birmingham. Leeds, Penistone and London.
RAILWAY & TRAM WHEELS & AXLES TYRES, STEEL CASTINGS & FORGINGS.
13 PEKING ROAD, SHANGHAL.
84
CO-OPERATION BY MALAYS.
A RECORD OF ENCOURAGING PROGRESS.
DOOM OF THE MONEY-LENDER.
From the report of the working of the Co-operative Societies Department is the Malay States for the past year we make the following interesting extracts: The total cost to Government was equivalent, to 19.73 per cent. of the work- ing capital of the Societies as compared with 53.9 per cent. in 1023. As socie ties multiply in number and size the ratio of cost which might appear largs will drop appreciably to the low figure that obtains in certain provinces in In- dia.
WTLR
The year opened with 20 societies an the register and finished with whis there were several others in process of formation. Of the societies on the re- gister on the 31st December, 1924, 20 were agricultural-Rural Credit Societies-all of which were on an unlimited liability basis: 10 were non-agricultural-Thrift and loan Societies-and one was a con- sumers' or stere society. The total num ber of members in all societies 8564, giving an average of 36 members for each Rural Credit Society and 304 members for each non-agricultural society, The total paid up share capital of all societies increased from 888,088 in 1929 to 8981,07% in 1921; deposits and tonos rose from $8,000 in 1033 to 893,860 in 1924, and Reserve Fund from $450 to 85,838. The total working capital ased In the movement at the end of the year was 8978,901 whilst in the year 1923 the amoumat was 873,461.
RURAL CREDIT SOCIETIES.
6TH. 1925
Promoting Happiness
I'm always happy, sir, and when you're happy yourself you promote the happiness of others. I'm happy because I bring happiness-in the form of Kensitas-into the lives of all smokers of discrimination and taste, like yourself, sir. You know as I always say "There's only one thing as good as a Kensitas, and that is another Kensitas."
Kensitas
HONGKONG SHARE MARKET.
Maríufacturers?
the preferred cigarette
1 WIX & BONS LTD - D444 PICCADILLY · LONDON • W. 1 · ENG. Whalanola only: DONNELLY '& WHITE Distributors for Hongkong sird South China, 1 QUEEN'S BUILDINGS. Telephone: Central 436.
Messrs. Benjamin and Potts in their Weekly Share Report dated June 5th.
staté:
Only a small transaction has been transacted since our last Report: This is partly due to the Exchange having been closed for two days, but the market is generally dull and it is only invest- ment stocks which are keeping firm.
The number of Agricultural Rural Credit Societies at the beginning of the year was six and at the end 20. There was thias abet increase of 14 societies during the year. The paid up share capital increased from 82,023 to 86,848. The continued rise in the price of The deposits and loans contributed by raw Rubber to 3/91d. has enused con- members and other societies daonated siderable activity in the market, and to $14.500. Their membership has grown according to latest 'enble advices from demand from 177 to 795. Societies have sprung London, there is very strong up not merely in one district of the for shares.
Banka-Hongkong and Shanghai country, L., Krian, in the State of Perak, but are now beginning to spread Banks have changed hands to some ex- throughout the three States of Perak, tent at $1,295. The price in sterling Selangor and Negri Sembilan. The roafter rising to £t is down to £19 licy pursued is to concentrate on the creation of a few well-established zocie- ties which will serve as models for imita tion in their immediate neighbourhood.
As the year went on, it was found that the demand for the creation of credit societies amongst Malays was increased, thereby indicating that the existing socio- ties were both popular and succeeding in their purpose of finding imitators in neighbouring villages..
It is still more satisfactory to note that in the Malny Eural Credit Socie ties there are no overdue loans er arrears, The Malay is regarded by many people as an inveterate borrower and a bad rapayer. The record of these societies Bo far proves that this is a mistaken ideo, and that it is safe to give him credit when working in association with bis fellows.
THRIFT AND LOAN BOCIETIES.
(middle).
Marine & Fire Insurances-Unions have been sold at 283, ex the dividend of £2. 5. 0. paid on 2nd instant, and more shares could is placed at the rate Both Cautons and Yangtzes are changed from last week's quotations. China Underwriters have improved to
an-
buying rate of $3.95: There has been no business in Fire Insurance Shares," both China Fires and Hongkong Firea being in demand, with no sellers evidence.
in
Shipping-Hongkong, Canton & Macao Steamboats are ruling weak with shares obtainable at about $38. Star Ferries, after sales at 882, are offering at 8821 Douglas Steamships are dul with no enquiry. Tug & Lighters have sellers
94.75. at
Refineries-China Sugars have further declined and arr quoted at 837, but there Malabons are still offer. are no buyers. ing at E51.
Co-operative Thrift and Loan Societies now exist for Government servists in all districts of Perak, Selangor and Oils and Mining-Langkats "Combin Negri Sembilan. There exists a separated have beec sold to Shanghai at Tis The Singles are slightly better. society for the members of the Jaffnese | 264.
Explore. community which is run on a thare basis. with buyers at Tls. 12.88.
Docks, Wharves & Godowns.-Hong- kong and Whampoa Docks have slightly improved, shares having changed hands
It will be seen from that statement that tions have eased off to Tls. 5. Kailan the membership of these societies has Mines are steady at G0/- grown from 2,184 in 1923 to 5,785 in 1924, and their paid up. subscriptions from 864,958 to 8152,719. This shows that each individual member or an aver-up to $115. Kowloon Wharves have been age had a sum to his credit in the way of a Provident Fund of about 841. The total amount of Jours granted in 1924 was $335,336 as against 392,766 in the previous year. This amount was distri buted amongst 1,400 members whereas the applicants who received loans" in 1993 numbered only 459. This works out
at 8190/191. Shanghai Docks show further advance with business done at Tis. 140." New Engineerings are, still in demand at Tis. al
Jenkyn
Obtainable si
Lane, Crawford,
Ltd. Tabaqueria. Filipina, Sra-Egyptian.
Tabacco Store,
and all kink=SZKEN Tobacconists,
At 95 cents
per tin of 50
LAST SHOWING
of
DOROTHY VERNON HALL OF HADDON
Which will NOT be Shown at THE STAR.
Parents
Should see that their children do not miss this excellent historical drama which brings back the gallant days of the last of the Tudors. It is worth many history lessons.
TO-DAY, at 2,30 p.m., 6.15 pm, 7.15 p.m. & 9.15 p.m. at The Only Cool House in the Colony
STAR
Lands, Hotels and Buildings.-Hong- kong Lands have remained very steady round about $91. Humphreys Estates! continue in demand at 819 Hongkong TO-DAY at an average of $240 for each individu-& Shanghai Hotels have weakened to 814. Electric Companies-Hongkong Elec al loan..
The exact purposes for which lears tries were done at 8731, but after a. China were granted were as follows: (1) Pay-rise to $80, sellers predominate and shares ing off old debts incurred prior to join-are, now obtainable at 878).
Lights Combined" are unchanged from ing the society; (2) Confinements, family sickness and sending families to Ceylon last week's quotation of 8321, but are Hongkong Tramways and India; (3) Marriages; (4) Funeral weak at the rate. expers; (5) Redeeming jewellery; (8) have changed hands at 340/41 Singa- Purchase of hicycles and motor-cycles; pore Trams are wanted at $2.00 with (7) Educational purposes; (8) Building up sellers under 82.20.
houses.
Cotton Mills-Owing to the strikes in Shanghai buyers of Cotton Shares are holding off, and shares are all more or leks
normal. Miscellaneous-Green Island Cements Combined arc easier with sales at Dairy 927, buyers only offering 828.
The exact number of loans issued for cach purpose cannot be stated. It is however, noticeable that there has been a diminution in the number of loana issued for settlement of old debts con-; tracted prior to joining the society in the older societies such as the Ports and Farms are in request at 828.75. There are Telegraphs Society. This coupled with sellers of Hongkong Ropes "Combined" the fact that the monthly incoras of the at $62, and China Providente at 847. Taxis can be placed at 86t. society exceeds its expenditure in loans Powells are offering at 8144 and Watson indicates that the members are getting at $03). ont of debt and beginning to save money after sales at $6).
Exchange. The T.T. rate on London It will be seen that the turn-over of to-day is 2/al and on Shanghai 721. these Government Servants Thrift and Loan Societies is increasing rapidly and that the paid up capital already exceeds quarter of a million dollars. This type of society is extremely populat, and
is gratifying to see that it is being alice that he is not an expert salesman, imitated by persons outside the Govers that he is as a rule totally ignorant of ment service like the Jaffna 'community the sourse of supply and the system of and the Mercantile Employees The distribution of the various commodities published reports of larger societies like bought by him and retailed in small the Federated Malay States Posts and village-shops, and that until he has learnt Telegraphs, Railway Servants and the something about the use of money and Taiping Government Sorvants Societies accounts and trade" he will always be all unanimously.mphasis is
beaten by the expert Chinese shop-keeper As which have been conferred on their who has made this business his profes members by teaching them the principlesion. of thrift, and extricating them from the clutches of usurioas money-lenders,
it
ומאז אך
PAWNSHOTS NOT NEEDED, SANTA
Forward Settlement Days, 23rd June (Tuesday), 28th July (Tuesday), 25th August (Tuesday), and 22nd September (Tuesday).
Some of the Malaya are becoming open- ly enthusiastic.
ہیں
THE
CORONET.
THE NAVY'S CHOICE
Coates
ORIGINAL
PLYMOUTH GIN
OBTAINABLE EVERYWHERE.
THEATRE.
and TO-MORROW,
at 8.15 p.m. JAMES MCGRATH, LTD. PRESENTS
REGINALD SELLECK
AND
CHARLES CHAMIER Latest London Craze in Entertainment
OUR CABARET
An entirely new style Musical Show A SMALL BEYUE.
INTRODUCING · LATEST MUSICAL NUMBERS
· BURLESQUES, SKITS,
and the absolute latest ideas in CABARET DANCING
URIGINAL ECIAM
as performed in the leading London Cabarata.
Change of Programme - Nightly
BEGINALD SELLECK FRANK MIINE MADGE CARTER
GERTRUDE CLEGG CHARLES CHAMIER. MURIEL VARNA
FRED OREABY
JANN CARYLL WITH RÉNÉ
DELYSE
PRICES 83, 82, 81.
BOOKINGS AT THE THEATRE
AND AT MOUTRIES.
...PRICE OF RUBBER. Telegraphic advices received from Singapore by Messrs Carroll Brow
There is no sign of any active oppon- There is no longer any reason why tion to the movement although it is Government servants in Perak Selangor obvious that the success of the Thri and Negri Sembilan need have recours and Loan Societica cannot be appreciated to the Government or the pawnshop or by pawnbrokers and money-lenders as the Chetty or the professional money they cut into their busin188. lender to release them from any Anancial The newspapers throughout Malays cmbarrassinent, They now have their have been most cordial and sympathetic own credit institutions......
in their support of the
and General Brokers, Hongkok, liberal in the space they have given in give the information that the price of their columns to the reports of the socio Bubber is now 1:10 per lb. Messrs. Car ties and the accounts of their zacetings roll Bros are also informed that the Malaka Pinda Rubber Co. bas declared and other matters of general intera interim dividend of 73 per cent. connected with co-operation.
The formation of stores is not being Encouraged in this country. The Malay Peasant's first idea of co-operation is to open a shop or store, In for not re- (Continued on nezt Opluma),
We are showing
Summer Frocks and Bathing-Suits
AT MODERATE PRICES.
∙104
At the Sign of the Lantern,
12, PEDDER STREET.
TELEPHONE GESTRAL 4864. (FIRST FLOOR)
[118
Food Cannot Upset Your
Stomach.
three little tablets of if you take two
Biurated Magneris immediately after est- ing. When you have pain in your stomach. the trouble is due to excessive scid or food fermentation. Bisuratei Magnesia Tablets nentralee the acid, stop the fermentation; and in five minutes your stomach is doing its work in a painles, normal manner. If": you have dyspepsia, gastritis, indigestion, or just a plain every-day pain after eating, go to the nearest chemist and get some Bisgrated Magnesia Tableta. A large flask costa very little and if you will take as directed you will find you can eat what you like without fee of any following dis comfort. Further, it is usually found that the simple taking of Hisarated Magnesia. adds "strength and power to the vitni organs: 1 is urged, however, that the "BISMAG" oval trade-imark siga be sous when purchasing.
The Sign
of the
See 1 Ga
every
Packaga
-OVER HALF A CENTURY" REPUTATIONS DE
LIVERY KIDNEYS- TRTALVARLA ¦ for Duitama (of these LeventSWY OSBARN, GRATIS, Dachacon, Goer, BAILARES, Pac, leading Cuxaires, or F: så Wres
DR. LE CLERG'S HILLS FOR MEHE
PS. IRONEZIAL.Co,ligreenock Hd.N. WALLande
DALE CLERC'S ILL
Da LE CLERC's ANSEMIA, · Price
HANE ARB VRAMMEN · POCK - JANTES A3LSESTA. BR. LE, GLERO'S SOAP. 1a, or: Tablars