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For Ispar
JUST ARRIVED
A SHIPMENT OF
TUBORG BEER
Purveyors to
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on the Market.
6 doz. pts. ..$21.40 duty paid.. 4 doz. qts.......$23.20 duty, paid.
Sole Agents
GANDE, PRICE & CO.,
LTD.,
Wine and Spirit" Merchants. St. George's Buildings, No. 2, loe House Street, Tel. Central No. 135.
Hong Kong
Mirrored
Charm
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When too vale
HAZELINE
1 Frame Werksta
ROSE FROST" gives the necessary *quch al colour
- 503K
{Trade Mark
An indispensable item of the toilet.
The original non-greasy preparation.
[
It cleanses the pores and
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To the Publishe
"HONG KONG WEEKLY PRESS"
11, Ice House Szert, Hose Kore
Plasse send me the
"BONG KONG WEEKLY PA from .......... 1928 to. addressed na follows
All Rights Rese
BRAND
MILK
[133
The Food of Life
In the interests "of
Good Health
it is advisable to use only a well-known and established brand. Buy always and insist on
BEAR BRAND
Obtainable everywhere
A. B. MOULDER & CO.
joku
THE HONG KONG DAILY PRESS, SATURDAY, JULY 21st, 1928.
HONG KONG · AND CANTON TRADE,
REPORT OF COMMERCIAL
COUNSELLOR.
THE PIECE GOODS MARKET.
CHINESE FIRMS WITH ENGLISH NAMES.
The Acting British Commercial Counsellor at Shanghai gives a general" review of the trade con- ditions in Hong Kong and Canton in his report published in the Board of Trade Journal of June 29th. He says:-
|
KEROSENE.
The total imports of kerosene into South China remain about normal in spite of the very heavy taxation,
two
**!! amounting to
dola. money" (about 1 dols.
« big money) per case. An attempt to increase this tax by 20 per cent. has been successfully resisted up to the present. In explanation of the fact that this heavy tax has not seriously affected consumption it may be mentioned that owing to the keen competition between the pro- ducing companies, prices have been so reduced that the actual cost to the consumer is still little, if any, higher than before, but any sub- stantial rise in the world price of oil would probably affect the local market very materially..
MOTOR-CARS.
While the market for motor vehicles in Hong Kong itself is prob ably incapable of any great further expansion, the interest now being displayed in rond-building in South China would appear to hold great possibilities for the future. Ever the comparatively small progress already effected has resulted in a marked. increase in the sales of motor cars in this ares. It is neces sary, however, to bear in mind that here as elsewhere in China the de mand is almost exclusively for vehicles of the cheapest possible type. The cars receive very hard bases and are packed with passen usage, being used mainly as orani-
From a statistical point of view the position in the piece-goods market at Hong Kong appears to be fairly satisfactory ga deliveries have been good, much'old cargo has becs disposed of and stocks are by no means excessive. Since the be- ginning of the current year, how ever, the volume of new business has not been large, and the native dealers appear to have adopted a very cautious policy, partly owing to the uncertainty as to what ad-gers to their utmost capacity, so ditional burdens may be placed on that their working life is corres
It is feared, how- the import trade if the principle of pondingly short. tariff autonomy is put into practice ever, that until the Chinese tearn in the near future. An advance in
to appreciate the advantages of a more substantial and dependable vehicle the question of first cost will remain the ruling factor, and that difficulty in finding a market in this British motor cars will have great
Manchester prices, following on the substantial business effected in Shanghai alter the Chinese New Year, also added to the difficulty of meeting buyers' requirements, and both importers and manufacturers' representatives state that few orders were being placed at present. Japanese competition appears to
serious
be
Icast
on
problem at Hong Kong as at Shanghai, the decreased purchasing power of the people in South China forcing them to purchase the cheapest possible article irrespective of its quality. In woollens, and especially in wool and cotton unions, continental manufacturers have been making serious inroads the British position, and during 1927 Italian goods in particular were sold in large quantities in Hong Kong As in the case of cottons, the competition in these cloths is solely a question of cost, the quality of most of the Italian woollens sold in China being extremely inferior, and this fact is fully recognised by the Chinese dealers and the con sumers, but for the great bulk of the country's poverty-stricken in. habitants it is a question of buying not what they like but what they can afford.
The trade in piece-goods for the South China market, so far at least as. British goods are "concerned, appears to be now conducted almost entirely through Hong Kong, there being very little direct business with Canton, although some of the German firms at the latter port have connections in Manchester and Bradford. The Chinese dealers ap parently prefer to come to the Iarger market (as in North China they do to Shanghai) to distribute their orders, and they also find it convenient in many cases to keep stocks in Hong Kong and send con- signments to various ports 'as de mand arises.
MACHINERY.
country..
EXPORT TRADE.
With the exception of silk the export trade from Hong Kong and Canton to Europe and America is of comparatively miner importance. consisting largely of such products as cassia, essential cila, ginger, matting and sundries. As regards silk an interesting feature is the almost total disappearance of the fairly substantial export trade to Great Britain of waste silk and According to pierced cocoons. figures supplied by a firm in Canton shipments to Great Britain in recent years were as follows: '1
Waste Silk.
Season.
Pierced Cocoons.
Bales.
Bales.
1,379
1,393 "
3,514
Nil
2,815
Ni,
051
Nil.
1024-25. 1925-26 1928-97
*1927-29
Practically all the silk of this type exported from Canton now goes to France and, the United States.
CHINESE FIRMS IN · HONG,
KONG.
In Hong Kong there are a large number of Chinese firms carrying on business under English names, and although most of these are small concerns with little or no capital
behind them they are undoubtedly securing an increasing proportion of
FRIGIDAIRE
PRODUCT OF GENERAL MOTORS
Within the reach of every family
A small first payment puts Frigidaire in home
your You expect to have Frigidaire
sometime. You know that Frigidaire not only brings you freedom from outside ice supply -it keeps all foods colder, better, and longer. It makes possi- ble many new and delight- ful frozen dishes. It makes plenty of ice cubes.
You can have all the advantages of Frigidaire now. Low prices and con-
venient terms make it easy to own. And Frigidaire pays for itself in better refrigeration- better kept foods-surprisingly low operating cost.
Come into our salesroom today Examine the Frigidaire most suit-
This modern “ice- man” calls oncem, with Frigidaire-and
able for your use. Get an estimate on operating cost, based on the ex- perience of users in your neighborhood.
Come in and let us
the ice stays always demonstrate.
DEMONSTRATION MODELS ON VIEW AT
OUR OFFICES AND AT
THE HONG KONG ELECTRIC CO.'S SHOWROOM.
DODWELL
& Co.,
LTD.,
SOLE DISTRIBUTORS FOR HONG KONG & S. CHINA.
'PHONE C. 1030.
£20 FINE FOR FALSE FIRE ALARM.
DRUNKEN MAN'S MIDNIGHT FOLLY.
LONDON, June 23th. Royden Percy Maxwell, aged 30. the import business. It is difficult a commercial traveller, of West to obtain information about the cliff-on-Sea, was charged at the financial position of such firms, Mansion House with wilfully break whose names in most cases do not
even appear in the local directories, ing the glass of a fire alarm in and while there can, of course, be Crutched Friars, E.C., and giving
HONG KONG STOCK EXCHANGE.
CLOSING QUOTATIONS.
Weir 20, 1929. A.K. Banks.......... $1,29.4 bay.. 1,800 1,295/1,300 L Do. London.... i40 nom, Chartered Bank .....................dy day. Mercantile sens, A. ND.....236 num.
Do.,
U.....Eldg nou Asin Bauza ......$79 nom, Oates insurances. .... şölu buy.
Lurance - 1841, bay.. Union NorthChina Ina. ........... Tis. 1451 buy. Yangtze Insurances......Md, $50 nom. China Underwriters ......32k bay. Ohina Fire Insurannes..........940 buy. Hong Kong Fire In... $25 buy.
$30 wel. Douglas HK. Tags H.K. Steamboats..... Indo-Chinas (Prat)
S DOEL ...126 sel.
Do
(11.) .....
......$70 nom. Shali Transports 100 mm. Waterbosta....
no objection to manufacturers in a false fire alarm. He pleaded Great Britain having transactions with them if a credit has been estab-guilty.
Mr. J. H., Pawlyn, for the Lon- lished through a British bank, it is advisable that caution should be don County Council, said shortly exercised. The frequent use of Eng before midnight on Wednesday a lish names by such firms has revived among some of the merchants in false fire alarm was received by the Hong Kong the question as to the Londoon Fire Brigade as a result advisability of introducing an Ordin- of which 27 men, with an escape, ance for the registration of Trade four pumps, and a ladder turned
out, and when Maxwell was arreet Bengoeta buy, Names.
ed it was found that he had been Kausu daining Autin..... nom.
Langkate (coinbino...... Tie, 1230 nom. drinking but was not drunk.
...Tim. 5,90 mom. Jo. (ingle)
ms 243 bay, The serious part of the matter ¦ 8'has Explorations .............. Conditions among shippers at present are reasonably satisfactory, out for nothing their presence Rants ************
was that while the firemen turned Bhanghai Lowos.......Tim. 34 nom, both as regards ocean and coasting might have been urgently required Tronoh Mines traffic, although the effects of the
SHIPPING.
MACHINERY DEPT.
INSURE
YOUR
MOTOR CARS
WITH
GILMAN'S
1201 bay, 20 el. "OCEAN" COMPREHENSIVE
POLICY.
..$4.60 buy...
disturbance of trade on the Yangtze months 232 malicious, calls
elsewhere. During the past 2 HK. & & Whart.138) nom.
were
S'hal Cotton (CRE)
sol.
In Hong Kong itself the firms interested in the importation of machinery have been doing a fairly satisfactory business, chiefly in electrical equipment, building mate rials, etc. On the mainland con- ditions are still too unsettled to admit of any important industrial developments, and ruch demand as exists is mainly for small internal combustion engines of one to five how-power used for rice-hulling plants and various other purposes. Two important projects at present
170 no under consideration at Canton are the installation of an automatic tele-
HK. & W. Docks way, phone system, and the establish- are still being felt. For the time
China Providents ......$5.15 bay. ment of a broadcasting station, but being at least no trouble is being received by the brigade.
„Tis. 155 nom Hongkawira considerable difficulty will certainly encountered with the seamen em- Maxwell said be WP6 deeply
New Engineeringsvis sad. Tis, 5 nos bo experienced in financing these ployed on local steamships, and an sorry for what he had done. He Bhanghai bocki 1 107 buy. schemes. It is stated that the con- agreement concluded in August, had been in indifferent health. Bro Costons'. 8.80 bay, tract for the former has been offer-1927, between the company operat The Lord Mayor (Sir Charles Orista ed to Chinese-American corpora- ing the Hong Kong Canton service Batho): I look upon this as a very
51 nom. tion. The cost is estimated it and the Seamen's Union for the serious matter. You will be fined
Da,
(40W).Ifa. 27 nom 700,000 dollars, and the terms of settlement of certain outstanding £20 and 106. 6d. costs, or two HK..Hotel $8.80 som payment, which provide for an questions has so far worked well
ELK. Ladda ................$66) buy. months' imprisonment. initial payment of ten per cent.
Shanghai Lands ...Ti 138 buy. and the balance in instalmenta, is
Humphreys, Estatas::....$14.85 bay. an arrangement hardly likely to
B.K. Renities RK Tramways..12480 buy.. 24.80 sel Post Trams (old) with. 13 buy.
bo. (ABW)3 nom. As elsewhere in China the' rail-
Star Ferries ways operated from Canton are in
...........464 buy. urgent need of rolling stock and
Da. (naw) ....$11,65 sel. The worst attacks of indigestion false alarm was in no way exces-Uhma Lights (old).................kil; sol. other materials, but the necessary are stopped in a few seconds by sive. The gravity of the offence
Do. (1028 iano)...$11,55 nom funds are lacking. On the Canton taking a little. Bisurated Mag lies not so much in the fact that
H.K. Electrics 49† stu Kowloon line a proposal has been nesia in water immediately after 2 men were victimised for one Do. (new) ..............$45 pont, put forward by the Chinese autho eating. Bisurated Magnesia goes man's childish amusement, though rities that the Hong Kong Govern right to the seat of the trouble, that alone should make the culprit, Election 202 bay.
Telephones
$8.30 num. ment should purchase additional neutralises
when sober, ashamed of himself
M. 10.60 buy. excess acidity, stops
China Busa locomotives for use over both sec fermentation, and soothes, heals What is much worse is that those
Bing spare Tractions......11/8 nom, tions of the railway.
and strengthens the inflamed man were taken from their post,
·Do. (Pref:) stomach lining made raw by the where they were stationed for China Sugars sal de un action of acids. Bisurated Mag. public protection, and that, had a
Malabon Bugars.................$241 nom. nesis is used by thousands of real fire occurred, lives might have Usato Los 5.70 buy.. Both in Hong Kong and Canton people who once suffered with in- been lost that it was their duty to
Lamente (combined)......$9.35 buy. (all) ......$5.60 moni. Do Title business had been effected in digestion, but, having discovered ov6.
EXO.
(new) ...$1.75 buy, H.K. Ropes (old)
Do (now) $5,40 mon United Abertos ..............$9 sel. Dairy Farms...$21.90 buy. Der & Wings un (Continued at foot of next columus,)
Yau Chiu Man, D.C.L, prove acceptable to any British
Counsellor & Attorney-at-Law.
Undertakes all Chiness and Foreign Legal Business
Property registration
speciality.
Bupervises buying and sel
fing of real estate.
HEAD OFFICE:
B
31. CroHG SUN STEERT
(2ND FLOOR), * CANTON.
HATE DOWNS
& NOVELTIES.
BUSSCRIPTION PAID IN ADVANOR.- $13.00 per annum for delivery in the Hong Kong,
$15.00 per annum to any part of the
world (including postage).
Felix."
„„-5, Len Hoven Brazze,
Howe Kors.
TEL. 0.0234.
METALS.
STOP DIGESTIVE PAIN
QUICKLY.
A'Dangerous Trick. Commenting on the case the Daily Mail says the sentence passed by the Lord Mayor of London on a man who, while drunk, had called out the fire brigade by giving a
the metal trade. Imports are main- this real remedy that never fails, The frequency of these false ly of Continental origin, except in now keep a package always handy, alarms in London is becoming a the case of galvanised sheets and You can get Biaurated Magnesia scandal, The Lord Mayor and tinplates; competition is extremely powder or tablets et all chemists, other magistrates who pass exem keen, and merchants stated that the so if you suffer from digestive plary sentences on offenders will margin of profit obtainable was in troubles, try it at cace, and know earn the thanks of all who care for most cases too small to make the what it is to eat and enjoy your public safety by their efforts to put business remunerative.
food without pain to follow.
a stop to this dangerous nuisance.
Watsons
$0.50 nom.
EXCHANGE RATES.
[106
[BRITISH WIRELESS SERVICE)
Paris
Brussels Geneva Amsterdam
Milan Berlin Stockholm Copenhagen
0319...... Vienna Prague
RUCEY, July 18th.
124.20
New York
4.88)
31.92
25.26
12.093
92.80
20.38
18.16
19.19
18.20
24.406
1841
Helsingfors
1931
Madrid
23,525
Lisbon
2.3/16
Athens
376)
Bucharest
793
Rio
5.29/32 47.23/84
1/8.29/32
1/10.7/32
2/72
2/0 **
27.1/18
Buenos Aires Bombay Yokohama Shanghai
Hong Kong Silver (spot), pi Silver (forward)
„$20 nom.
...$3 buy,
Tane Crawforda....... Mackintosh..................... Bintaros ******** Wm. Powell interest ELE. Amusements · H.K. Constructional sel
qgs. Indas, G.Bonds...66% nom. ELE, Gort Loans ........% prom.bay, bay.-bayers, sel~-mallerd'; 'sh--sales;
nom-nominal