THORNYCROFT AND KELVIN
*
MARINE MOTORS.
KONSTRATIONS AND FULL PARTICUŻ
ON APPLICATION TO
DODWELL & CO., LTD.
MACHINERY DEPARTMENT.
YALE CHAIN BLOCKS.
=
TRIPLEX DUPLEX, & DIFFERENTIAL TROLLEYS & TROLLEY TRUCKS.
SOLE AGENTS ----
CRANES &c.
BRADLEY & CO., LTD. MACHINERY DEPT. ¬QUEEN'S "BUILDING, CHATER ROAD, HONGKONG.
THE STANDARD LIFE ASSURANCE CO.
New Scheme for Children's Early Endowment
Principal features: Small Premium, Liberal Surrender Value... No Medical Bramination, Return of Premium in the Evant of Death, and Numerous Options at the Age of 25. WRITE FOT PAMPHLET ARR FULL · PARTICULARS TO
DODWELL & CO. LTD. Agents.
THE HONGKONG ROPE MANUFACTURING
ESTABLISHED 1883. MANUFACTUREES OF
ST#
PURE MANILA ROPE
3
STRAND
14 to 15"
CIRCUMFERENCE.
CABLE LAID
5" to 15"
CIRCUMFERETUR.
4 STRAND 3" to 10" CIRCUMPARANOR
Oil Drilling Cables of any size up to 3,000 feet in length. Prices, Samples and full particulars will be forwarded on application.
SHEWAN TOMES & CO.
LEMOS
BROOKE'S
FINEST
Lemon Squash.
SOLE AGENTS:
CALDBECK MACGREGOR
&.CO.
15, Queen's Road, Central. Telephone No. 75.
HONGKONG JAPANESE MASSAGE ASSOCIATION.
Mr. U, SUGA HT. L HONDA
Mrs. A SUGA Mrs. S. BONDA
8 Queen's Road Central, " Hongkong.
METALS
of all kinds, especially for ship- building and engineering works. Largest and best assorted stock in the Colony.
General Managers.
NORTH BRITISH
AND
MERCANTILE INSURANCE
CO
in which are vested the shares of THE OCEAN MARINE INSURANCE CO., LTD.
AND
THE RAILWAY PASSENGERS ASSURANCE CO.
The Undersigned AGENTS for the above Company are prepared ACCEPT RISKS against
to
FIRE at Current Rates, SHEWAN, TOMES & CO. Agents.
GREEN ISLAND CEMENT COMPANY, LIMITED.
PORTLAND CEMENT.
In Casks of 375 lbs. not.
In Bags of 250 lbs. net.
SHEWAN, TOMES & CO.
General Managers. Hongkong, 16th August, 1916.
MASSAGE HALL
23. FLOWER STREET." MR. T. TAKAYE, MRS. MORITA. CERTIFICATED MASSEURS. PATIENTS INLATED TAKE OWS Bes
· DESIRED.
SINGON & CO., LONDON DIRECTORY.
((Established A. D. 1880.)
MING LUNOʻST.
* Phone 515
MEE CHEUNG ICE HOUSE STREET.
FOR
EXPERT PHOTOGRAPHY
DEVELOPING, PRINTING. FILANGING A SPECIALITY.
CITY HALL
(Published Annuslly) mabies" traders throughout the World to 20mazaricate direct with Erdial
MANUFACTURERS & DEALERS
in each clean of goods, Banidem being » complete commercial guide to Londen sad Subradine, iz exazimies lists of
EXPORT MERCHANTS
wrists the goods they Ahipeand the - Dolonis and Foreign Hackats they supply also PROVINCIAL TRADE NOTICES
off leading Manufacture. Merchants, who, in the priooly Provional Towns and En Amorial Genres of the United Kingdom wak Bado Cards of Marchenin, azil. Desluts
ARE LONGER CREDITS NECESSARY?
JEYES
FLUID
THE BEST DISINFECTANT
ALEX, ROSS & CO.
Is Your Road Central.
With increasing evidence eachy day that competition for markets of the world is to be of the Keenest sort, not at some future date, but from now on, the question of financing foreign buyers and of credit policies in general is coming in for consider |able attention among local ex- porters and exporting manufac- turers, says the New York Evening Post. A great deal of careful study is being given to the former German system of long time credits, abused though it was and there is growing up a more general recognition of the disadvantages to all concerned of insisting too rigidly on short time payments. The same process of reasoning which is bringing about this change of feeling isresponsi ble for what is termed the! "general awakening to the undesirability" of the old-time insistence upon. "cash against I documents in New York."
In reviewing the methods practised by German merchants before the war it is recalled that exporters and exporting mahu- facturers of Germany, did not re- quire their "distributing agents** in foreign countries to utilize their capital for other than: freight, insurance, inland tran- ing this demand the manufacturer sportation, and other incidental cuts down his own sales in that charges. The foreign distributer district by one-half of what they was permitted to grant six or nine should be. months' credit, as the case night be, to the foreign buyer, endorse that buyer's note to the middle- man or exporter in Germany, and submit the note in payment for the goods in question. Such a note in most cases bore an in- terest rate of 8 percent. In turn, the middleman could make the note over to the manufacturer in payment for the merchandise. The manufacturer could then add his own endorsement to the note and discount it at the bank for 6 per cent. And, as a rule, the bank rediscounted the note in England for 34 per cent.
By this means German mer-
also
condition
to the late Emperor, who had for some time been lying ill, became critical on the 4th instant at pam." and two hours later he fall
into a comatose state. Camphor injections and other medical aid proved fruitless, and the distinguished patient died # 7 p.m. the same day. The late Prince Takadaiji was born in Kyoto on December 6th, 1839, the first son of the late Prince Tokudaiji Kimizumi,a descendant for Fujiwara Kamatari. He was appointed Chamberlain in 1851 and remained in attendance at Court till the death
at
of the late, Emperor, when he retired from the Court and publiq life, spending the remainder of his days at his residence Sendaagya in seclusion. During forty years after 1871, when he was promoted to Chief Chamber- lain, be faithfully discharged his duties towards the Jate Emperor, and his loyalty to his Imperial Master was a household, word in Japan. His devotion to the late Emperor was so great that for many months after his Imperial master's death, he never shaved himself a mark, Japan, of profound ́mourning. Since his retirement from public in the direction of the Mome life he made it a rule to worship
and evening. Marquis Saionji, yama Mausoleum every morning
in
Sumitomo, the well-known mil- DOW at Paris, and Baron lionaire in Osaka, are younger brothers of the decreased peer.
It is admitted, of course, that credit cannot be granted india criminately. The German system rested in the last analysis on the careful selection of foreign dis- THE CANADIAN STRIKES. tributers. Since they were empowered to assume respon-quarters shows that an exten
Intelligence received in offici sibility for the payment of bills sive strike has occurred at Win- when they came due by the con- nipeg. On the 20th ultimo, the suming buyer, or the retail dis- Ministers of Home Affairs and tributer, they, of course, had to be of Labour proceeded to the scena men or houses of good standing, of the trouble from Ottawa for both financially and otherwise. the purpose of pacifying the It was their duty to pass on strikers. The strikers gradually the credit standing of their cus gained strength, and the following tomers and take the loss if those day they took possession of the customers defaulted. But it is post offices and other means of an interesting commentary on communication. In these circum-
unless effective relief
the situation will go from bad to
PREMO CAMERA $1.50 ONLY
Kodak Catalogue Free on application
A. TACK & CO. 26. Des Venier Rd. Central
THE CHI
SHEWAN, TOMES & CO.
General Managers,
DELICIOUS ICES
There
nothing more refreshing
the st, stický - Zagr than wicely mada icca, expocially if they are #repared THE AÁLEXANDER CAFE WAX
Let us Proce' 'Our's are best.
THE ALEXANDER CAFE
DRAGON MOTOR CAR CO.
*HEAD OFFICE & GARAGE—24 & 25 DES VIEUX RI, GEN. BRANCHES 147 PEAYA EAST & 26 NATHAN RD., KOWLOOK.
SOLE AGENTS FORTM****
"CHANDLER,
14 #
HUDSON, OVERLAND
AND
ELGIN MOTOR CARS
HARLEY DAVIDSON MOTOR CYCLES
AQNTS FOR STERLING TYRES
NEW CARS & TYRES IN STOCK
FOR HIRE
EXLUKT QR-SERS
chants not only made their regular/ this whole method of doing stances, Press telegrams have to profit on the goods, they sold, but business that German merchants undergo censorship at the hands engaged in foreign trade suffered of the labourers on strike. A big additional profit on an the terms they granted and the a remarkably low percentage of advance in the prices of daily TEL. 482. BEST CARS IN THE COLONY TEL. 482. banks as well shared in this bad debts. This is attributed to necessaries is the cause of the profit by rediscounting the note the fact that the distributing present trouble, and it is feared in England at 316 per cent. Fur agent being a native of his par thermore, it was shown that the ticular locality and well ac-measures are quickly forthcoming security of such a nore, after quainted with people and condi- being signed respectively by the tions in his district, was able to foreign agent, the middleman, judge accurately of the honesty the manufacturer and, finally, and the financial condition of his the bank, was of the highest order, for in case. the buyer defaulted there were three, fe sponsible names on the note, one of them a bank, to which to look in order for payment.
customers:
feeling that the whole German While there is no general system should be lifted bodily and incorporated in this country's practices, the opinion of a number of large exporters in this city The purpose accomplished by is that a mach broader policy permitting the foreign distributer of credits must. be adopted by or agent to make payment with American export merchants than the note of his customer endorsed has been the rule in past years. by himself was to make possible They believe that the stimula for that agent a much larger tion of markets already held" is annual turnover than with bis of as great, if not of greater, limited capital might otherwise importance than have been possible.
the always An agent, tedious and not always profitable forinstance, in a district capable process of opening up of absorbing $100.000 worth of alones. The conviction is held certain live of merchandise; that a broad credit policy when annually and who has but $50,- conditions of trade are restored 000 working capital is not only to a normal basis will do more handicapped to just that extent in the direction of increasing if the demand is made for cash or this country's foreign sales than short-time payment, but by mak-perhaps any other single factor.
PIANOS
FOR
HIR
AT
$10
E
PER MONTH.
ROBINSON'S
THE W
worse. Although some improve
place, entire suppression is out of ment has subsequently taken the question unless a radical couver dispatch dated the 4th policy is formulated. A Van- instant says that there are evident signs of general strikes breaking out in the city, and that popular unrest prevails.
MISSING BRIDEGROOM. at an inquest at Edfield recently An open verdict was returned on Oliver W. H. Pollard, 28, whose body was taken from the
River Lea on Monday. About a month ago deceased was to have been married, and was staring at the house of his future bride's parents when he disappeared Iwo days before the wedding was to have taken place. evidence showed that
The
he joined the Army in 1914.
but was discharged as medically
unfit. On the body was found a
letter addressed to his fiances
THE SIAM INDUSTRIES SYNDICATE
統
47
TOILET AND WASHING SOAP
Samples & Prices on Application to
FOOK
LEE & CO.
Phone 1174 & 1950.
Sole Agents.
STAR GARAGE,
Tel No. 3017.
49. Des Vœux Road Central
HONGKONG..
New Cars on Hire & For Sale.
THE
bidding ber good bye, and stating #WING ON CO., LTD.
that he felt miserable, that he had been with some soldiers who had left him after "they had had all they wanted." The man's mother said he had complained of severe pains in the head. EX-KAMER'S EFFIGY SMASHED. The effigy of the ex-Kaiser at Mme. Tussaud's has been attack- at last not only attacked, but smashed under the heel of an indignant British sailor.. The sailor who did the deed stood for seme-time in front of the figure in silent contemplation, and then," said an official, he flung himself at the effigy and knocked it off its pedestal. This done, be proceeded to jump on it, smashing Its face to pieces and breaking its arms. In doing so, he used some -well, rather seafaring lang- uage. Canadian soldiers had previously been very nasty to- wards him, and, once someone cut that upward point off his moustache.
HIBLICAL FILMS. Applying for permission to show cinems pictures on Sundays at the Royal Victorie Pavilion, the Ramsgate Town Clerk told the Justices it was the intetition of the management to screen only Biblical, educationa
* * * # *D
HONCKONG..
UNIVERSAL PROVIDERS,
Most up-to-date and Cheapest House
in Hongkong.
Prompt attention given to Orders
Sale Agents: THE
CONNAUGHT
·MOTOR CAR
COMPANY,
Studebaker
永安有限公司
Tel. No. 1913.
Des Vom Rd.
Central
Car which has won for itself a world wid
tation for permanency of Ser
Design, Comfort, Workmanship & Economy.
Box 444