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THE - HONGKONG, DAILY PRESS,
THE FIVE LEADING BEERS ON THE MARKET.
SUIT ALL PALATES.
DARK
MUNCHENER BURGER-BRAU... PILSENER SUPERIOR QUALITY, LIGHT. TUBORG FABRIKKER. DINNER BEER. LOWENBRAULION-BRAND DARK-and-LIGHT.
We guarantee these brands to be of first class, quality and prices compare favourably with inferior brands.'
1
A trial is solicited.
TEL. C. 135.
SOLE AGENTS :
GANDE, PRICE & CO., LTD.
66
HONGKONG.
CLEAN CLOTHES
INSPIRE ONE.”:
.
GO INTO THE GAME WITH FRESH LINEN. WE LAUNDER AND DRY-CLEAN SPORTS CLOTHES IN A WAY THAT RETAINS ALL THEIR ORI- GINAL SMARTNESS.
NO RISK OF SCORCH OR SHRINKAGE ON YOUR PALM- BEACH
GABARDINE AND FLANNEL CLOTHING.
SEND IT TO —
THE STEAM-LAUNDRY CO. HEAD OFFICE & WORKS: Mongkok, Tel. K, 32 HONGKONG DEPOT: 16, Stanley St., Tel: 01279 KOWLOON HOTEL, DEPOT. KOWLOON DEPOT; 19, Canton Road. HONGKONG HOTEL (Visitors only).
PEAK HOTEL
Write or Phone for complete Frice List.
PERFUMERY
Manufactured by RIGAUD. PARIS.
$1000
EMBALRAMADO "
*MARY GAPUR"
*HORA CARINOSAL 7
**DULCE. BELA **
“LILAS - RIGAUD"
Obtainable from
VICENTE ATIENZA & Co., No. 54, Bashan Bo..., Kowloor, Tax, E. 1,
Chas
For the Evening Toilet
Hazeline Snow
(Trade Mark)
Soothes the skin, making it cool and white. Vanisha completely, leaving a perfect surface for powder.
"Hazeline' Rose Frost"
(Trade Mark)
Gives a natural colour to pale cheeka
All Chomitis, and. Stores
Both in glass: pota
BURROUGHS WELLCOME & Co., Lombon
FAR EAST IN PARLIAMENT,
HOUSE OF COMMONS.
CHINESE RAILWAYS,
A
June 9th.
Mr. Locker-Lampson, answering... Mr. Foot Mitchell (Saffron Walden, U.), said: The outstanding amount of the Chinese railway loans issued on the British market is about £19,000,000. A propor- tion of this is no doubt in foreign hands, while there are known to be large British holdings in Chinese Railway loans of non-British issue. There is, however, no means of ascertaining the extent of these holdings, so that, the total of the. British investments cannot be given, but
it is almost certainly much in excess of the sum quoted above. I regret that I cannot, in the short time available, and with due regard for accuracy, provide a complete list of the railway loans which have continued to be paid up to date, but I will send the hou, member a state ment at an early date. His Majesty's Government and his Majesty's Legation at Peking have been approached. from time to time by the British interests con- cerned in regard to the widespread inter- ruption of railway communication and consequent depreciation of the security for the loans, and representations have bean made to the Chinese Government; but so long as civil wars continue, it is difficult to see how the position can be remedied. His Majesty's Minister, who is in close touch with the situation; keeps his Majesty's Government informed of new developments as they occur; and I! do not think there is any need to call for A comprehensive report.
Mr. Foot Mitchell asked whether the Foreign Secretary would endeavour to take steps to preserve the interests of British bondholders and British investors in Chinese securities. (Laboar cries of "Oh."')"
Mr. Looker (Essex, E., U.) asked. whether it was not a fact that the security for the loans in the shape of rolling stock and permanent ways, was fast dis- appearing?
Mr. Locker-Lampson: It is perfectly true that the security is the railways themselves, and during the continuance of the civil war it is extremely difficult to deal with the situation, but the point
raised will be borne in mind.
WEDNESDAY, JULY
HONGKONG STOCK HACHANGE,
CLOSING QUOTATIONÉ,
JULY 20TH, 1926, ..$1,180 buy.
Hongkong Bank
Chartered Bank......
KIST nom
Mersantüe Bank, A. & Bá........2504 nom. | |*. Do
0......213 om.
Ebay. 31 bay 9630 buy. 640 mal $1.20
B&Q Bank Rast A Bank, Canton Ingranoɑ **** Chins Underwriters.... North China Insurance „Kla, 143 nom. Union Insurance.$991 rom. Yangtze Ingarance $3 bay. China Fire Insurance ..........$200 buy, Hongkong Fire Insurans bay, 300 ma Doug 06 ********* .................da buy H&M. Steamboats... buy. Hongkong Tug Indo-Chinas (Frek)
Da (DeL), Shell Transporte Bar Farrics....... Waterboats.. Chins Sugars. Malabon Bugars Benguet
Ural
Caspinas
Kaian Mixing Ad... Langkas (combinat
(angle) Shangharipurations.
o Tronah Mines
& Wharis.. HK. & W. Docks Hongkowa us New Engineerings, Shanghai Dod H. Hotels. Hongkong Realtys Hongkong Lands MAR. Teritoriala... Humphreys Estates. B.K. Developmenta Princes Buildings. Rural Lands imat Orientals Bwo Cottons
moner 30 buy.
(new)..
Shanghai Cottons (olu)
. Do.. China Buses s Pa Trams (old)...... Hongkong Tramway! .........
Do. (now).. Singapore Tractions Tat Amusementa ........ Chaton Iced Cnments (combined)
1o. (old) Do.. (now) Chins Lights (combined)
Do(oldp *Do. (new).... China. Providents
,340 num.
„88/«, nòas.
„367) bay. 316 BOM... $243 buy.
...33 bur
• nom
Tin bay. Tia 12 nom
et nom
Tls. 7.nom. buy. 60/- bay.
DOR
$12 buy. $541 buy. Tis. 170 bay.
Tis, 51 buy.
a. 119 bay-
$11.10 bug., 11.15 #
385) buy ...........35.90 buy..
.:18 ota, wal ..314) buy. ..100 sel:
1* bay. Els, bay.
2.70 sal.
Tl. 51 buy.
Tla. 20 buy.
THE 101 buy.
GREEN ISLAND CEMENT CO., LTD.
Best Portland Cement.
SHEWAN, TOMES & CO.
WE BUY "Ret
200 Watsone
20 "Wharves
GENERAL MANAGERS,
HONGKONG.
Ref.
WE SELL 'Bet.
Ref.
INVESTMENTS.
MM 4/10 EK. Banks Ais 100/500 Tram G100/400 C. Lights Gio B15 100/500 Hotals BB200 Peak Trams HIS 100/300 sugars BR34 A13 100 Ferrios BB4200 Amusements W1 500 Malaka Pindas A13 R19 Rural lande BR53-500-Jámas -A1J | 200-Dairy Farms-BB34
HONGKONG SMALL INVESTORS SHARE & REAL ESTATE CO.
10. Des Varat Boad
[130
16 Unions
50 Providents
500 Telephones · BR34 !
TRL 4830,
Where
Jaba
Portuguese,
English, and
Dutch in turn Struggled for Mastery,
$25 bay, 25.83 has been since the 16th century, a Magnet attracting
16. Du
..$7.50 nom.
108 bay, 12 sel
.33 sal
1 nomi
$189
14 now.
It nom. $21 DOLL
.$1% now." ..$5.95/6 s
$16 buy.
Construction Dairy arms. Der & Wings ......... bangkung hectrica.....$68 hay. Macho Electrics...
Ropes (combined).
$35 201 ..$20 sek. Do. (oldy
$10 sale
CHINESE SALT REVENUE
Lane Crawfords, Mr. Rhys Romton Uusked the Medentes. Foreign Secretary" whether he had any sinceres information as to the seizure of the Salt | United Asbestos tabelle at Tientsin; whether those re- Watsons (old). venues were being administered accord-Wm. Powells ing to the international agreements of 1913, and, if not, what steps he proposed to take to ensure the collection of the tax.
..șii nomi. “
$10 nom
115 nom.
buy-buyer del.
hers; as-anler
U.S. MONEY GLUT.
£76,000,000 DEBTS PAID OUT OF CURRENT SURPLUS,
from Europe all who sought Trade, Adventure or Gain.
To-day it is rapidly becoming known as one of the Gems of the Pacific The Pearl of the Orient and attracts Tourists and Visitors from all parts of the world.
To those seeking' relief 'from the oppressive and trying local sum- mar, there is no place which holds forth such a pleasing prospect of complets change of surroundings, of seceauzy and of climate.
Big Game shooting
.
8 days to Batavia, a short journey „then takes, the traveller to the Highlands, where all the trials of heat and humidity are forgotten ina temperate climate unsurpassed in tay tropical country,
Wonderful ancient Temples
Motor tours through magnificent scenery
Dolce far niente, for those who prefer it, la
Hill resorts like Sindanglaja or Tosari, where
Fires in the evening will be appreciated.
Mr. Locker-Lampson Faller reports which have now been received from his Majesty's Minister are to the effect that the military authorities-et-Tientsin-are compelling the salt merchants to pay. duties direct to them instead-of-to-the Salt Administration. Though no official, America's abounding wealth has result-: confirmation has yet been received it ised in such colossal payments of income feared that the reports this morning to tax, import duties, and other forms of the effect that the legally constituted ad- revenue that, for the first time since the ministration at Tientsin has actually been war, the Government is able to announce displaced by military officers may be true. that po borrowing "will be necessary to The action of these officers-is fagrant finance refunding operations
The Government had to disburse breach of the loan agreement." Protesta and representations have so far been un- £60,744,600 on maturing certificates as availing, largely owing to the fact that no well as £15,600,000 in interest and it paid Central Government has as yet been re-off the certificates as well as the interest direct to Batavia, or to Sourabaya via Macassar, and give the constituted in Peking. His Majesty's Gov-out of current surplus. The general fund ernment are considering what further of the Treasury at the present moment traveller the added charm of a sea voyage through Calm and steps can be taken to ensure respect for amounts to £40,960,000, and to this was Tropic Seas under Ideal Conditions. international agreements. The fact that added £80,000,000 of income there is a reserve in the group-banks £17,500,000 in payments by foreign Göy- which may be drawn upon for the service rnments on their indebtedness. of the loans involved fortunately gives us time to concert the most appropriate weisures to he adopted to meet the crisis and instructions are being sent to his Majesty's Minister at Peking with a view to the protection of the legitimate interests of British subjects.
#
THE HONGKONG BOYCOTT.
June 10th. Mr. Looker (Essex, S.E., U.) asked the Secretary of State for Foreign Affairs whether he was in a position to make a statement as to any development of the negotiations for ending the Canton boy cott of Hongkong..
Mr. Locker-Lampson, Under-Secretary for Foreign Affairs (Wood Green), who replied, said:-The Canton Government on June 8th addressed a letter to the Governor of Hongkong, through his Majesty's Consul General at Canton, in- viting the appointment of three pleni- potentiary delegates to enter into nego- tiations for the settlement of the boycott. I am not in a position to make any fur ther statement at the moment.
BRITISH POLICY IN CHINA
June 11th.
Mr. Locker-Lampson, in reply to Mr. Trevelyan (Soc., Newcastle, Central), stated: No report has been received as to an intention on the part of the Hankow Chamber of Commerce, or any other British body or firm, to grant a loan to Marshal Wu Pei Fu. The policy of his, Majesty's Government in China is one of non-intervention. Notwithstanding mali cious and irresponsible reports to the contrary, no financial, or other support has been extended to any Chinese party, or individual leader, and I have no reason to belare that British firms have, entered into transactions which conflict with this policy.
His Majesty's Government was not entering into diplomatic relations with Marshal Chang Tso Lin or any of the other heads of the rival factions at Peking.
(Continued on nent Column).
taxes and
So comfortable is the financial sitna.
tion of the United States Government that it will be able to reduce the national dabt this year by more than £170,000,000~
EXPORTS TO CHINA,
Jane 14th.
The magnificent vessels of the Java-China-Japan Line šail
S.S. TISAROEA July 29th S.S. "TJISONDARI" August 12th.
The Return Färe to Batavia from Hongkong is 3800. Full particulars of trips in Java and through the Dutch East Indies from
Mr. A. M. Samuel, Secretary to the Overseas Trade Department (Farnham), informed Mr. H. Williams (Beading, U.) that the following figures showed the YORK BUILDINGS, 1st Floor. general trend of our exports to China. and Hongkong in recent years:
JAVA-CHINA-JAPAN LINE
-Declared values of the total exports
of the produce and manufactures of the United Kingdom registered as consigned to China and Hongkong during each of the periods speci- fied.
1923. 1924. 1925 1920.' Million 'B.
54-
7.4 8.5
2nd ard
5.2 7.9 4.6
4th:
(5.6.**. 9.2) (2) 4.5 95
7.1.5.1.- 4.1.
Annual totals 25.3 29.3 197
Of which cotton
piece goods.10.0 126
7.5
2.6
(1st quarter),
·2.—Total quantities of cotton piece goods of all Linds manufactured in the United Kingdom, registered as consigned to China and Hongkong during each of the periods specified, 1924 1924 1925 1928.
Million square yardṣ. 49.4. 827-710 824 46.2 79,1 42.6
1st quarter. 2nd
**
3rd
672 773 27.8
795 635 31.0
4th
Annual totals.235.3 992.6 1734
Nofe. From April 1st, 1923, the shore particulars excluded the ect exports, if any, from the Irish Free and Hongkong.
Tel. C. 1574.
They give me Horlick's
Children- from infancy-) Ehrive on Horlick's they like its pleasant flavour: Horlick's contains just those vital elements that are necessary to the growing cold-wheat, milk and mattet barley in a readily digested form
HORLICKS MALTED MILK
In 4 sizes
of all Chemists & Stores