THE HONG KONG DAILY PRESS, FRIDAY, FEBRUARY 21, 1930.
SHOPPING GUIDE
FELIX HAT SHOP
SPRING SALE
FRIDAY FEB. 7 Wonderful Bargains for Every Woman. 7, Ice House St.
Bolande Sarrault
MODES-COUTURE
HAS REMOVED TO.. Srd Ficot, PEDDER BUILDING
ROOM No. 3 TELEPHONE. C. 2252
A SEK & CO. PHOTO-SUPPLIES
25A, DERVœux Ro, O. TEL. C. 3459
Mackintosh's
Mew's Wear Trocialists.
Alizandra Bldg.
Du Vaux Road.
Fresh Flowers, Fruit
and Vegetables
The Clover Flower
Shop
10 ICE HOUSE STREET
REMOVED TO
NAKAMURA 74, QUEEN'S ROAD C.
MASSAGE
No. 3, LE Ture SrazzT,
1ST FLOOR, WANCHAL,
HONG-KOXD.
RADIO SUPPLIES
·DER A. WING & CO. (1923), LTD.
ELECTRIC GRAMOPHONES Madame S. LEITE
AND MOTORS
SUPER ELTO OUTBOARD MOTORS
RUDGE-WHITWORTH
MOTOR CYCLES TENNIS RACKETS
RUDOLF WOLFF & KEW, Lro.
54, Queen's ROAD CENTRAL. 1st Floor.
Tel. C. 2173.
Ladies' Wear Specialist.
NEW SATINS AND LACE BRIDAL VEILS OF BRUS- SELS NET AND TULLE,
ASIATIO BUILDING. 1 FLOCK TELEPHONE C4474
QUALITY
DAINTY SHOES OF EVERY DESCRIPTION MADE TO ORDER AT MODERATE PRICES
ROYAL SHOE STORE
No. 1, D'AQUILAR STREKT,
Hora Kord Telephone C. 3237.
SHOP
AT
THESE SHOPS
PERMANENT WAVING
The Most Up-to-date Beauty Shop in Town. Mes. BETEN. TEL. K..881. PENINSULA Horaz Ex. 24.
A.. YUN
TAILOR & OUTFITTER 40, POTTINGER STEKET, CENTRAL TEL 0.6060,
Нова Кола.
POWELL'S
Gentlemen's Tailors and Outfitters.
BESPOKE ORDERS Executed In 24 Hours,
10, ICE HOUSE STREET.
People Who Advertise
Invite Inspection their Stocks.
R.S. V. P.
HONGKONG HOTEL
GARAGE
FOR CAR HIRE
FOR Hoxe Kone: 0.4750
FOR KOWLOO: K. 681
THE DAIRY FARM
ICE HOUSE STRETT
FOR PURE MILK
FARM AND IMPORTED FROZEN
MEATS. HOUSE FID POULTRY
WITH INTEGRITY
LANE, CRAWFORD, LTD.
THE DEPARTMENTAL STORE OF THE EAST.
TEL 0.4567 (8 LINES).
· ESTABLEREED 1668,
Tak Cheong
Gentlemen'a Tallors, Outfitters and Dealers in all kinds of Fancy Goods
50, QUEEN'S ROAD CENTRAL
PHONE: CENT, 1817
HONG KONG FURNITURE
CO., LTD.
ManufactuRERS OF TEAKWOOD, BLACKWOOD
AND.,
RATTAN FURNITURE-
8, QUEEN'S ROAD CENTRAL
MAISON DE MODES M-ME D'OBRY. MODES, LOBES, COUTURE
CHRISTMAS' SALE 20% Reductions HATS AFTERNOON AND EVENING GOWNS, COATS, EMART ACCESSORIES.
18, QUEEN'S ROAD CENTRAL
P.
O. Box
A SUIT IS NOT A SUIT UNLESS THE CUT IS PERFECT AND FOR PERFECT GUT
GO TO
AHMED DIN
4, N'AGUILÄR ST.
KOWLOON REANCH
· TEHINHThơ BƠI
EXCHANGE BUILDING.
AUCTION!
IF YOU ARE FURNISHING AND WANT TO PICK-UP GOOD PIECES OF EITHER EUROPEAN OR ORIENTAL MAKE AT ADVANTAGEOUS. PRICE, GO TO
LAMMERT BROS.,
DUDDELL STERET
Mac's Cafeteria
HONG KONG HOTEL Finest Selection of CHOCOLATES
in FANCY GIFT BOXES
FRESH CALIFORNIA. FRUITS
ALWAYS ON SALE -
SHOP
BOOK and BIBLE DEPOT.
BOING ON. LEAVE 7
GET PLENTY OF BOOKS FOR YOURSELVES AND THE CHILDREN FOR THE VOYAGE.
"WYNDHAM STREET.
The SUN Co., Ltd.
DEPARTMENTAL STORE
DES VEUX ROAD CENTRAL.
H.K. TRANSFER
1, Hong Kong & LIGHTER CO.
is the Address. Write an Order for the Weekly Press to be sent you for Three Months of Thirty Years,
The first will cost you $3.75, and the Annual Subscription is $15,
FURNITURE REMOVALS. AND GENERAL TRANS- PORT BY TRUCK OR LIGHTER,
·ST. GEDAGE'S - BUILDING
Tel. 0.3639
L. E. B. Hodge,
K. 1422
HAVE YOUR EYES TESTED AND
FRAMES FITTED
WHO IS TAKING THE SILVER?
IMPORTATION INTO CHINA CONTINUES.
SILVER AND GOLD STATISTICS FUR 1929.
A good deal has been written during the past year on the silver situation, and attention has con- tinually been drawn to the unprece dented and vast amount held by the banka. Reference has also been made to the continued importation to China, notwithstanding the enor- inous stocks held. The question, therefore, arisee "Who is bringing in all this treasure and who is using it?"
To:
EXPORTS OF SILVER TO FORLION COUNTRY DURING 1029.
Straits Hong
Kong
Bars. Coin Tatal H. Th. Hk. Th. Hk. Tis. 657,683
38,816
9,344,310 0,273,238
Dutch
Indice 931,303 1,200 Japan ‚ 20,931. 15,999 Philippine.
Islands 135,253
Total
3,923.200 8,375,342. 13,203,842
—OZI. 4,738,345 MOVEMENTS IN CHINA-EXPORTS,, China 4,081,027 41,235,294 46,056,391 Grand
Total 8,740,237 50,570,838 59,319,903 IMPORTS OF GOLD DURING 1929.
From:
Bars. Coin' Total.
The statistics concerning the im- portation, exportation, and move ments of silver in China during 1929 which the N.C. Daily News has been able to obtain certainly show a re- markable state of affairs. It will be noted that America exported to China during the past year silver Lars to the value of Tis. 85,117,#25: 1 Europe contributed merely Tls
Europe 7,006,916, India T. 1,899,330, "Hong Kong Th. 3,840,913, and Japan Tiz. America 3,619,221. Hong Kong and Japan also exported some dollars amount America 1,842,078 ing to 839,515. The total | Hong
Kong weight of silver bars imported into China during tha year WAS 121,197,414 035.
Reference to the figures for 1929 shows that the grand total of in paris-foreign countries and China
wwwcro
LAMMERTS AUCTIONS
PUBLIC AUCTION.
T
THE Undersigned have recaired
Instructions
TO SELL BT
PUBLIC AUCTION,
OX
FRIDAY, FEBRUARY 21,
AT 11 AM
Ar No.
4, AMAI VILLAS, AUSTIN AVENUE, KOWLOON,
A QUANTITY OF HOUSE.
HÖLD FURNITURE.
CATALOGUES will be issued.
Hk. Ths. Ht. Tis. Hk. Ts Or View From THURSDAY, the
153,027
20th February, 1990,
TERMS—CARH ON DELIVEÉT.
EXPORTS OF GOLD 1929.
1,004,300 43,390 1,047,626
Total
2,822,378.43,320 2,925,609
Hong
Kong
266,400 $38,025
423,067 338,925 · *·903,3FA
As follows:-Baru, Tis 103,799,992; Coin: Tis. 4,385,949 ; | Total“ Total, Ta. 108,185,941 whilst the total export for 1929 was Tis 67,958,059. Against this for the year 1929 we find a total of Tis. 118,744,294 for importa-both silver bars and coin-and total export of bars and coin to the value of Tls. 50,319,863,
Referring again to the figures for 1929, we find that the difference between the total imports and ports is Tis. 36,44,431, there being
CHINA MOVEMENTS 1929.
76,760
76,760
China Grand
Total 401,887 538,625 Tls.1,010,752 VIEWS OF CHINESE AND FOREIGN BUSINESS. Trade Must be Given a Chance. An informal conference was held |
at the Shanghai office of the Minis
LAMMERT BEOS,,
AUCTIONEERS.
PUBLIC AUCTION.
THE Undersigned have received
Instructions
TO SELL BY PUBLIC AUCTION,
TUESDAY, FEB. 25,
COMMENCING AT 10.30 AM.
Ar No. 41, HUMPHREYS BUILDINGS, KOWLOON,
A QUANTITY OF VALU- ABLE HOUSEHOLD FURNITURE.
ON VIEW From MONDAY, the 24th FEBRUARY, 1980.
A total import waved at Tistry of Industry, Commerce & 118,744,294 and a total export valued Labour last week, to discuss various phases of" the situation brought at Tla. 59,319,863,
about by the fall in silver. There -The Chinese Banks.
were in attendance, says the N.-C. To return to the original question, Daily News, a number of repre- Who is bringing in all this silver, sentative bankers and merchants, and who is using it?" inquiries beth Chinese and foreign. Mr. S. made by our Shanghai contempor- U. Zau, Director of the Shanghai ary show that most of the bars Office of the Ministry, presided. brought in recently are imported There were present, among others, by the Bank of China, the Bank of Mr. R. Calder-Marshall, Chairman Communications, and the Central of the British Chamber of Com- Bank of China in Shanghai, whilat merce, Mr. A. B. Lowson, Mariager the Equitable Eastern Bank has of the Hong Kong & Shanghai TERMS-CASH ON DELIVERY, also been a fairly large purchaser. Bank, Mr. V. G. Lyman, President The statistics further show the of the American Chamber of Com- huge stocks held by the fareiga merce, Mr. Q, H. Arnhold, Mr. G. banks are such that further im W. Sheppard, of Messra. Jardine, portation has been unnecessary Matheson & Co., Mr. C. H. French, For instance, the Hong Kong and Mr. A. W. Burkill, Mr. K. H. Ling, Shanghai Bank has not imported of the Associated Chambers of Com- bars for a year or so vast stocks merce of China, Mr. Pei Sung Sun, of sycee and dollars being held by Manager of the Bank of China, who the bank in China, and particularly represented the Shanghai Native in Shanghai
Bankers Association and many others.
Chance For the Best Brainı.
LAMMERT BROS.,
AUCTIONEERS. -
Healing
by the Zam-Buk method always gives the same splendid results. Use it on any cut, sore, or eruption and note how rapidly it clears and beats the skin. The great potency of Zam-Bulk comes from certains refined herbal essenter which sock deep into underlying tissues. This
Soothing
Now, we have referred to the large importation of bars, by the thrce Chinese banks. Most of these
In welcoming those who attend- bars are sent to the Hangchowed, Mr. S. U. Zau said in part:- mint by the three banks and there
"If international co-operation is minted into dollars, returning on something to be ardently desired, completion to Shanghai and appa there could not be a more appro "ently absorbed and circulated all priate moment than this for people over the country, although circula- of all nationalities readily, and tion in the interior is considerably loyally to co-operate, in the common bahn removes the root cause of chronie restricted on account of the risk interest, to hold in check a further disiguring disease. It stops pain and ** entailed. Further, there is a very decline in silver and to prevent, if itching, draws pas and poison out of the little export of commodities going not eliminate, the recurrence of, allara inflammation and grow on, and accordingly not much silve similar panics in the future. The is wanted for that purpose, al-present situation affords an un though a smillion dollars were re-rivalled opportunity for the best cently shipped to Tsingtao, and brains in the Chinese and foreign THE HONGKONG OPTICAL CO. for the purpose of purchasing eggs, resources at their disposal to the these were in all probability used business communities to tax all the ground nuts, and other sport end that an early solution of the commodities.
problem may be devised and some Bars imported into Shanghai formula discovered to avert the the past by foreign banks have danger that threatens us." usually been converted into sycee
By
Qualified Opticians
53, Queen's Road 0. Tel. 0. 2282
J. Wollmann & Ce
High Clais Jewellery" Est. 1860.
Alixandra Bldg...
Chater Road,
FRIGIDAIRE
DODWELL & Co., Ltd., `QUEEN'S BUILDING
TEL. C. 1080
BRUNSWICK HOUSE
BRUNSWICK PANATROPES
AND
RECORDS
17, IOR HOUSE STREET TEL 0. 1085
and not minted into dollars.
How
new skin. Zam-Buk leaves no impurities in the icin as is the case with fatty pore-- Mogging 'bintments. Being highly
Antiseptic
your
Zen-Buk is, an Ideal frutosid. If akin is uritated or sore, or you have a ent, bruise, burn, scald, or sprain, a little Antiseptic Zam-Bule will promote rapid healing. Rab Zam-Buk, in to relière colds, chills, sore throat, pemralgia, rheumatiam, and other
pains.
HEGRAL
Yam Buk
RUD IT INT
Zam Buk
A Question of Peace. Mr. Calder-Marshall said that the The Gold Position.
silver question was governed by the The import and export statistics proverbial law of supply and de for gold during 1959 show that bars mand. They were all eagerly look to the value of HE. Tls. 425,067 ing forward to the time when peace were imported during the year returned to the country. Europe sending bars to the extent could it come about? It seemed to of Hk. Tis. 158,027 and Hong Kong him that the National Government Hk. Tis. 280,400. Coin from Hong was dissipating its energies over a Kong totalled Ik. Tls. 638;925. large.area instead of concentrating. The total imports of gold amounted its efforts on a smaller section of the "to" Tla. 1,010,752 and the total ex-country. There was bound to be port Tls, 7,925,638. Turning to the much waste of energy if the Gov figures for 1028, it is seen that the ernment concerned itself with so total gold imported during that many things at the same time. year amounted to the value of: The Government's authority was Bars, Hk. Tis, 2,801,607; Coin, Hk. only effective over part of the coun- Tis. 8,176,168 Total, Bk. Ta try. If it would exercise control .106.776. It will thus be noted that over those areas where its authority the imports of gold during 1928 for was effective by doing away with exceeded those of last year.
likin and removing other, immedi IMPORTS OF SILVER DURING 1029. ments to trade, there was no doubt Continuing, Mr. Arnhold, raid From: Bars. Coin. Total. or question that a good deal of the that there was no question that the Hk. T. Hk. Tis. Ik. Tls. silver that had been accumulating crisis had been brought about by Europe 7,008,915
7,006,916 in the vaults of Shanghai would the sales of the Indian Government, find its way to the provinces, with large portion of such salce had 85,117,925 consequent ⠀⠀ appreciation - in the been made secretly, so that no one 1,82,330 price of the white metal. If prasknew anything about it until taken perity could be brought nearer to by surprisas It was, however, not 4,325,032 their own doors to Kiangsu, quite accurate to say that China 2,328,813 Chekiang and Anhu-that pros had been used as a dumping ground. perity would communicate itself to. Silver had been piling up in Shang- ather provinces by force of example. hai and was not finding its way into Total 100,374,205 839,515 101,213,820 Exchange would then be certain to the interior, of Chine due to im- appreciate. If they could not carry pediments to trade. The Govern- ora 121,19721
the whole bundle of faggots at the ment should do everything in its This total is the grand total.same time, they should carry it one power to encourage exports. The figures mentioned above in re-as a time. The truth of the old export trade of all countries was spect of countries are the principal adage was never more applicable synonymous with wealth. ̈ China ones-the total includes all importa¦ than at the present time, r
Ameri-"
CA. 85,117,025
Korg
India 1,829,330
"
Kong 3,840,013 484.119 Japan 2,519.221 308,502 (Including Formosa).
of bars and coin.
MOVEMENTS IN CHINA.
China
ports
and
towns 1,753,083 15,747,411 17,630,474.
Til, 102,157,368 18,580,020 118,744,294
Mr. Burkill spoke of the need of free trade and recommended stand ard subsidiary coins in some of the more important provinces, especial
·ly '50-cent pieces,
Arnhold said that an embargo on silver if enacted by the Government. would be the death blow to what remained of China's export trade.
The
had a long way to go fri that respect. and for many years to come she must resign herself to an adverso, balance of trade. If Nanking would make it clear that it was not kas disposed to tolerate illegal taxation The Fallure of Exports,
and in some instances take dis Mr. Lyman stressed the necessity ciplinary measures against offen- for protected trade routes and Mr. ders, the effect would be instan (Continued at foot of next column), taneous.