1920-08-27 — Page 3

FRIDAY, AUGUST 27, 1920

Hughes & Hough

..

ADCTIONZERS TO THE BŪVIKNMENT

General Auctioneers Share, Coal and General Produce Brokers and

·Commission- ATENTE.

PROPRE TORS "To Kwa-Wan" Coal Storage

Doden werd Bentley's

WANT ADVERTISEMENTS

35 WORDS & INSERTIONS, $1. PREPAID. Each additional word's "Cants, for $ Insertions.

WANTED.

a

FOR SALE.

THE CHINA MAIL.

ELECTRICAL or MARINE FOR SALE-No. 1. Stewart Terrace, A ENGINEER is required as

57, The Peak Apply to Hum- Shift Engineer at the Generating" Station of the HONGKONG ELECys Estate & Finance Co, Lid,

Aleandra Buildings. TRIC CO., LTD. North Paint Apply in writing accompanied by details of experience and copies of testimonials to The Manager, RosexONS ELECTAR Co., Lt. St. George's Buildings,

TO LET

SITUATION IN AMERICA.

The Farmers & Merchants National Bank of Los Angeles reports as fol- ows on July 15.

All of the commercial journals and writers on commercial subjects agree

a smaller margin of proất than they have been enjoying. It mills-close down, even partially, and industries slow up, interest rates will probably gradually recede, unless the demand for, credit by public utilities and mani- Cipalities constantly increases.

There is a wave of extravagant that, throughout the length and breadth spending on the part of state, county of the land, there is an appreciable and municipal governments, sweeping slowing down of business excege in the country, which is without sense food, supplies, which are still rising. or reason. Public improvements The peak of high prices has apparent should be suspended until conditions ly been gained in many lines, other are better. Politics control all of these then-lood supplies. The descent-from expenditures and politics never listen the peak to a lower level has set in. to reason. Expediency, perpetuation All manufacturing centres, other than in office of present office-holders, the those of steal and iron," report mills placating of henchmen, the control Tunning upon half-time or less. There Eng of votes through public expendi appears to be a very decided slump in tres, are the factors which control LET-During October NEW the shoe manufacturing industry, the action of most governing bodies THREE ROOMED BUROPEAN Hides and leather, hard decidedly of states, counties and municipalities, FLATS in Kowloon, facing Coronation heavy tone, with large stocks on hand just as they do those of the national BRITISH CONCESSION-SHAMEEN, Road (Nathan Road Extension), fifteen and bet' meagre demand.

With government. The patient -payer CANTON,

minutes by Rickshaw from Hongkong hides and leather and wool constantly no longer looks for either sanity or Ferry, and five minutes walk from FOR SALE LOT No. 69, immed-Ysamati Ferry This property can be declining, the price of shoes and cloth economy in government affairs.

debts of the saares, counties and istely behind the Russian Consulet as eleven self-contained housed each ing must recode.

Varinus explanations

municipalities of the United States late, with an area of 12,645 square feet, with nine living rooms and adequats

present have increased at a marvellous rate Some say 50x 104 feet, frontage to kitchens, baths and servants rooms or conditions are offered." metsuring

Western as separate three roomed flats. The political agitation

in the past two years. None of our, THE Undersigned have received in creek which adjacent to

is responsible. Tachos, os moll by Public Action, et ladies is Coast Boats berths, moms are large and cool, facing ear Driers lay the blame on apie Shamshri Railway and Grand' Trank with an open prospect Very moderate spring and summer, which contract (POR ADCOUNT OF THE CONCERNED

Lize to Hankow, now in construction rental. Apply J. CAER CLARE, Architected demand for seasonal offerings Apply to:-HERBEAT DEST & CO.

& Surveyor, 14, Queen's Road Central

Je B... ith & 5th Edition.

A 1 Telegraphie Cods.

Telegraphic Address

"KINION" HONGKONO.

-PUBLIC AUCTIONS-

**

TUESDAY,

August 21, 1990, commencing at 2.30 pm, at their Saler Room, No. 8, Des Year Road, Corner of Ica Ectas Street,

TEAKWOOD AND BLACKWOOD FURNI TURE, BRASS TWIN BEDSTEAD, AND BRASS-MOUNTED BEDSTEADS, TEAK- WOOD BEDSTEADS, CARPETS,

dc.

!

Loc

comprising:- Chesterfeld Sofas, Arm-chairs (now), Folding Card and Occasional Tabies, One Upholstered Suite, Bedroom "Teakwood Furniture, comprising Twin Bedsteads, large and emall Ward- robes, Dressing Tables, and Chairs, Wash- stands, &c. (fumed Teakwood), Side- boards, Dinner Waggons, Extension Din- ing Tables and Chairs, &c, Dinner Services, Crockery, and Class Ware, Cookies Stores, Catlery, &, Esth Bcom Utensils, Flectro-Plated

Vare,

Electric Reading Lamps and Fans, Blackwood had Teakwood Screens, s quantity of Blackwood Purniture, Side Tables, Chairs, Cabinets, Pictares. Carpets, new and second-hand,

Also

One Metal Bath; American Ice Chest, 1 Riesha, &c.,

Terme -Cash.

HUGHES & HOUGH, Auctioneers.

(FOR AD001ET OF THE CONCERNKZ),

D2

TUESDAY

August 31, 1920, commencing

P at their Sales Rooms, No. 8,

Des Voeux Boed, Corner of

Ice House Street,

A Small Consignment of WHITE GOODS, &c., &c., Comprising:-

Fo

MARKET PRODUCE IN HONGKONG.

APPROXIMATE RETAIL PRICES,

+

August 24th. 1920.

Butcher Meat.

ri

Poultry.

Cta

Cta

П

Seef Siripiz.-Mel Luz Pa... Ib.

Prime Cit...

10

Chicken,-Kai Teal

www

Ib. 35

21

10

19

Corned,—Ham Ngao Yek. „

91

Rosat. Shia

19

Capone, Small,--Sin Kal .- Capons, Large,---Sio Ka! ..... Dock,--Ap...

9%

40

1

1-

26

1

ра

+

Breast-Ngan Nam

15

Doves-Pas Kau

Soup- Tong Tok

15

Steak,-Ngau Tak Pa

19

Steak Sirloin,-Nga Lau

99

Fowls, Canton,-Ki....

b. 40

N

| Fowls, Bainan,-Eci Nam Kai „

Goose-go

40

Sausager - Ngan Cheong 25 Bullock's Bratze-Neu No per set 9

Tongte, fresh,-Ngan Lì each 50 Toegce, corned,--Bam Ngao Li

esch 60 centa

Head-Nozu Ta... sach $1.00 Feart,-Na Sam... Ib. 12 Bomp, Salt-pac Kio Feet-Ngan Henk...ach Eidneys,-Ngan Via „

-Ngati Mal

17

*

17

Liver, Nasu Kad lb. 12 Tipe (undressed), Ngan To lb. 6

Pig's Chirlings—Chu Chong

*

-

Eggs, Eet,--Eal Tan (cooking) per doz. £$ Eggs Hec.-Kai Tan (fresh)...par dos. 26

d

***

Pigeons, Canton-Pak Exposch

Holbow,-Roi Han Pak Kəpi

each 25 Turkeys, Cock,-Fo Kal King Ib. €5 Turkeys, Ben-Fo Kai Na Snipe, Sta Tac!... Pheasant-Shan Ka....... Quail-Om Chun Partridges,Che Kt

each

TT

of

The

güverning offcials stop 2 experse. Our forefathers, who built up this: country, hesitated to make public im- tion of a tonded indebtedness. The provements which required the erea-

the chance to create such debts." I present generation seems to welcome

or

Obers atribute the decline to strikes: Freight congestion and inability to move goods. All of these things un doubtedly contributed to any slowing down which has occurred. It is bare-

docs

not practise self-denial ly possible that millions of owners of

The result is alarming to economy. any sane-minded person who contem- automobiles, with the vacation season plates the birders of the future. The coming.on, in order to stock up with interest burdens now being imposed gasoline. fires and other auto acces-

sories, have "stinted buying in other upon this country, will weigh heavily

upon future generations. lines. If so, the effect would be far-- reaching.

FINANCES AND ECONOMICS.

The writer believes that the funda- It cannot be denied that sound firen- mental reason for any falling off in cial, depend upon sound economic general trade activities is that the buy- conditions. For nearly eight years

ing craze has spent itself. The great our national government has violated buying public at last stands aghast at every economic law created by the the continually advancing prices and experience of ages. Its grossest

has gone on a strike against buying blunder was in endeavouring to estab anything not absolutely needed. and lish by law 2 universal 'eight-hour it is stimring itself on necessides. In day. This move. of the government

nct

the end, these conditions will also will, in the end, be as disastrous to affect labour prices, that is, the prices the wage-earner as to the wage-payer. paid industrial labour, which are our Already it has destroyed the morale of all proportion to the services ren- .of the employee. It has created a dered. As industries slow down. shortage of labour which, while busi- factories close for a few months or ness remains active, has made labour. longer. unemployment will occur. organized and unorganized, overbear- Instead of three jobs chasing each ing. independent, defiant and applicant for work, there will be three subject to discipline. In time, the applicants for each job. Ar the same universal eight-hour day, coupled with ime, raw materials will fall in price, the government's criminal waste of and the result will be cheaper produc- money, its wilful extravagance. its tion, which will mean cheaper whole- resort to grinding methods of raising sale and cheaper retail prices.

revenue, will kill business initiative, Uncertainty as to future conditions destroy industry; and curtail indus-, has created hesitancy on the part of trial output. It has already paralyzed buyers. They argue that if there is our transportation systern. A serious general recession in prices" they fuel famine jor all manufacturing want the tenet thereof. They are centres is predicted for the coming willing to risk being compelled to pay winter. Then manufacturing plants, higher prices later on than take the now running on, half-time, or less. chance of losing on goods purchased will close down? Unemployment, on at present prices. Merchams feel a vast scale, will result. Suffering that, if manufacturers' and whole will erisue. Business men will be-

Fruits.

-

230

**

13

Calvin Head and Foot,→Ngat-tmi-

ta.kear.

set $1.05 Matton Chop,-Yeung Pal Kwat lb. 32

Leg.-Young Pel Sboulder. Yeang Shan Saddle,-Year On Yak

Ets.

19

Almonds-Fang Yac... Apples, (California),----Kam Eban'

Plag Bo

...lb. 40

K

28

n

Bananas, (bride's), Muoso, —-San Heung Chiu

*

25

10

Brains-Cha No........... per set

2

11

Fest-Con Keat

---

ib. 18

Fry, Chu Chap

18

Carambols,—Yeong To.. Coconut-Yo To...

...ach 10 Lemons, China,-Ling Mung. Ib. 6 Lemons, (America),-Kam Shan

11

18

"

Head-Cha Tan

15

#

*

Heart, Chn Saxı ...

... each 10

Ling Hang each 7 Lichoes, Dried, (amall stone)-

Lai Chi Korb. 2 Oranges, (Canton) Sweet-

Shan-sheng Tim Chang 1h. Umages, Tim Chazg****** Festa (Can), Cooking,-Sha L, 10 Pezante,Fa Shang...

-12 | Persimmons, Large-Hung Tse .... 34

Flantain,-Tai Chiu

#

been.

9

Pamelo, Siam,--Trim Lo Yan ...ich 10 Walnuts,-Hop To

- It. 24 Grapes--Po Tai Tez ...

...

>

Pillow Cases, White Satin Quilts, Turkish Towels, Bath Towels, Bath Sheets, Double Bed Sheets, Battenberg and Drawnwork Bedspreads, Table Covers, Crochet and Drawnwork Dollies, Table Cloths, Linen Damask Serviettes,

Also

A few lots of Bellow Valises, Kit Bags, Suit Cases, and Attache Cases.

And

Two Pairs Prismatic Binoculars. (All new goods and in small lots.) T:-Cash.

HUGHES & HOUGH,

Auctioneers,

Hongkong, August 25, 1820.

INTIMATIONS.

NOTICE..

PROF. DANENBERG, will resume

PIANO LESSONS in October.

NOTICE.

43

"

**

†

30

Eldneys, -Chu Tig...... each 8 Lyer-Cha Kon... Ib. 30

☆6 Pork Chop,-Cha Pal Ka... Leg.-Chu Pel...... Loln,-Chu Hau Tan (..... 94 Fab or Lard, Chu Yatten 14 24 Sheep's Head and Feet,--Tenng

Tae-Keuk......

... set TO Heart-Yeung Sam.... mach" 10 Kidneys,-Yeung Yla och 19 LAT,-Young Kan... ib. 1

H

M

P

**

24

00

Sucilag Pigs, to order,-Chu Tsai, Sost, Beef,--Stang Ngao Yau ......n ya Kuttan, -Slang Yeung Yan .. Veal,--Ng Tai Yok.... 14 20 Saamges,-Ngan Taal Cheon 20 No.4 lb. 26

Bream,-Pis Tom in Canlara Froeb Water Flak-

CarD-II Yn

TH

Ostiah,-Obik Yu Oodish-Mun Ya Crate-Bai... arvo Cattle Fish-Muk Ya Deb,---Sha Hang In ... Dace,-Wong Mai Lap Dog Fish,--Tit To Sha

Vegetables, &c.

Artichokes,—Ah Chí Choukoă Beans, Sprout,Nga To... ... ib. 5

"Long-Taa Kok ...

201 Bets Root,-Hong Tool Tanach Bitter Squash-Fa Kwa ... Brinjala, Green-Ching Yan Kws,

Kad,-Hung Kse... Cabbage Chinese, (common),--

Kai Tool n (Shanghai)-Ye Thai

12

5

5

в

14

Cans Shoota, bunch,-Kas Shan „ 5

Cauliflower (Large),——-Ya Tavi Fa auch ---

| Celery Chinese,-Tong Kan Troi,

salers' prices are to advance, instead come bankrupt: Production will be of recede, the buying public, when further curtailed. The country will compelled to stock up. as it will be then be compelled to withstand the after a period of slack buying, will be wrath of that portion of our popula. || compelled to bear the burden. They, tion, who expected a millerium to well know ther the ultimate consumer, result from the enforcement of hyury in the end, carries the load.

upon the labouring classes, for that No sane person can believe that is what the eight-hour day has done. conditions could remain as they have Interest rates will go higher It wil!

The change had to come and be hard for the government to raise many believe that the forerunners' of the revenue required for its expenses it are here. It is possible that the and extravagant operations by reason universal extravagance which has pre- of the shortage in business and pro- vailed for the past two years may be fits. Not a cheerful picture, but one 'curbed. There are still too many which we will be liable to see before people "ying high" who can in the close of 1920. When hard times afford it. If the masses could be per- again stare us in the face, as a bar susded to economize and produce to the quick recovery therefrom, the more than they are now producing, debt of the United States, of some- the results would be beneficial to them thing like $25,000,000,000.00, will and to the nation at large. The only be quite effective. No matter how way we can ever get rid of our war business shrinks, the interest on the debt is to create wealth and apply the debé must be met. The burden is a proceeds to the debt until it is liqui- heavy one. The public has followed dated or reduced to normal propor- the example of the government in tions.

violaring economic laws.

In line with decreased commercial

OUR FOREIGN TRADE. activity bank clearings are declining.

Notwithstanding domestic disturb- Building operations show considerable ances; including strikes, freight con- falling of, while humber is selling at gestion and labour shortage, the May; a decline from recent figures. Strikes exports of the nation reached the are frequent in all building trades,

sum of $739,000,000. Imports were

probably rending to depress the indus $431,000,000, leaving a trade bal- try. All of these things lead to de- creased cost of construction in the

Fish.

Chu

Barbel,—Es Yo... · can

lh. 38

2+

375

Hel Bin ...

24

25

www

90

40

(Medium), (Small),

1

容

-

18

Carros,-Kam Shun...

ww

.. Ib. 7

*

40

20

H

14

Chillies, Dried,-Kom Lat Chin

$5

сла.

12

P

Red-Hung Fa Chiu ....... »

20

29

17

Green, Ding at Châu

16

24

Oart Start, Engli, Ko Lỗ Cho Lin

95

Ib. 10

36

45

Cocumbers, -Ching Kvá... mech 2 Garlic,--Sun Tan

... th. E.

18

Ginger, young,Sun The Keong ..

7

30

Ginger, ald,-Lơ Kesing

8

24

24

39

45

16

"

90

I beg to inform in Castors are Kals, Conger,-Hoi Mana

the General Public that I have. returned to the Colony and established myself as a Milliner and General Draper at No. 4; D'Aguilar Street and will carry on business as before under the style and firm name of HIPTOOLA &

CO..

I am showing new goods the moet fashionable and latest styles and ask my old patrons and constituents to extend their support as done in the past

Inspection is cordially invited.

HIPTOOLA,

Fresh water, -Tam Khel Yo, Yellow-Wong Bin ... Frogs,-Na Kalour Garoups-Shek Prz Gadgeon.-Pak Kap Ya

Herrings-The Fa... Wulfhet, Cheung Kwan Kap... », Labras,--Fong Fa To Lonch-TE YU... Lobster-Lang Es ... Mackerni-Chi Të ... Mook Fish-Mong Tu Mallet, Teal Liv ... Oyster,Shang Ho

Milliner and Draper Parrot Tah-Kal Kong Yu

Hongkong, July 23, 1920.

mast, kuniging

Serrata, kadalj

În sa perfectlywate

by All DruggŠNI

KEATING'S

WORM

TABLETS.

Ferch, Tan Lo

B

Pike,-Pa Pan Fong ***

Pilon-Pan Yu..

Jurk

Panfret, Black, ---Hak Chong ***

4

Pomfret, White,-Pak Chongas to

Prawn-Ming H

847.-Fat Fa She

Rock Fish-Shek Kau Kung

Bosch-Chun Ys

Shark Bha Ye Best-Po Ya

Snapper-Lap Yu Bolas - Til She Ta -Touch,--Wan Yu

-་

Horseradish, Shanghai, ---Lik Kan„ 30-

*

THE FINANCIAL SITUATION.

ance in our favour of $308,000,000. While we are exporting commodities of the value of our May exports, we cannot look for an accumulated sur-

י.

The most striking event in the finan-, plus at home, unless domestic de- cial world during the last month was mands should be curtailed and produc- the "borrowing by the government of tion speeded up." $400,000,000 on its certificates of All reports from Europe agree that indebtedness, paying:54 per cent. on England, France and Italy are making a part thereof and 8 per cent. on the Steady headway. Hungary has a full balance. The latter figure is the acreage crop: Germany's crops are highest interest rate which the govern good; while Belghum's are especially Indian Corn,-Shak Mal'... mch ̋ 6

ment has paid since the reconstruc- good, and that country seems to be Lettaca-Yeung Shang Tsot. Ib. 10 tion days after the Civil War. There making headway faster than any of Water Chestnuts, ---Ma Tai

IN Ib. 1

have also been very large offerings of the European nations. Many of the preferred stocks of industrial corpora- offer European countries are still rom Mandarin-Kat

tions and long time bonds of these by dissensions, wars and internal Lam Ma Tai... – 30. Mushrooms, Fresh,Shang Tao Kulb, 47 corporations, and public utilities, while strife. Evidendy the time is not yet The 10 municipal incorporations have not been ripe for the dove of peace to settle Onions, Bombay-Yeung Chung Tau ib. 10 backward in bond issues. All of these down over these distressed communi- Olons, Green, Sbang Cheng Ib. demands have stiffened money rates, ties. Until actual peace' is restored Oxdogx, Shanghai,—Sheung-hoi

Interest no longer seems any object. their full production cannot be relied Commy Tan is 6 Inducements by way of common stock on, and the demand in America for at reduced figures are offered by some food stuffs, raw materials and menu- corporations to effect the sale of pre-factured goods will continue large ferred stocks.

Obroes

Parsley-Kun Trol Potato Sweat-Tao Sho

•

$

1-50

Japanese-Yat Fun Shu Tai 13. "Amerirati,----Fa'K! 8hn Tmi Ib. Pumpkin-Tang Kes ... Ib. 3 Badính,--Hang Lo Pak Tai· Rhubarb (Fresh),--Tal Wong i-a

"

30

The demand for additional capital seems to be widespread and unlimited.

9.

Present interest rates being paid, by

5

industrial corporations, manufacturers,

Spinach-Yin Zsol

Tomaines --Tax Ka Tacos-Wa Tha Torpe, Panti, (Long)

| Vugalillo Marrow,

Tify mook

O BE

**

H

(Continued on Poor (8)

FOR A WEAK STOMACH, 1-R a general rule all you need to do is individuals, producers of either raw A to adopt a diet suited to Tone are materials or manufactured goods, are and occupation and to keep your bowela not going to reduce selling prices to regular When you feel that you have consumers, but will add thereto, uneaten too much sod when constipated, take one of Chamberlain's Tablets For less producers, manufacturers and dis- chemists and Stepakes paes

tributors are willing to do business on

NOTICES...

We have all the latest

in Baths, lavatories

and fixtures of the best

quality.

Thor Madladi Seas

UNION "ENGINEERING · CO., LTD.

13, CHATER ROAD,

FIRE GRATES.

Just arrived To-day.

LYSON

Telephone No. 2559.

COMPANY,

394, Queen's Road Central, Hongkong.

BUY YOUR STATIONERY FROM US.

We Keep the Finest. Stocks Complete.

PRICES MODERATE.

DER A. WING & 00. Paper Merchants Stationers, Printers & Bookbinders.

60; Des Voeux Road, CENTRAL..

PHOTO-SUPPLIES,

LONG HING & CO., Kodaks and Kodak Flisar, Br. J.

DEVELOPING & PRETTING A SPECIALITY."

No. 17a, Queer's Road Ükstrah, Hongkong,

THE HOTEL ASIA

WEST BUND, CANTON.

The highest building in Canton affording a panoramic bird's eye view of the whole city and suburbs.

Large and airy rooms, Elevators, Eletric Lights and Fans installed.

Hot and cold water service fitted, Excellent Cuisine, Bar and Biljard room, Boot Garden, Cinematograph Thestre and every modern convenience provided.

Special monthly and family rates can be arranged on application to

THE SUN CO., LTD.,

Proprietors.

These Cigarettes are made of selected Mild leaf tobacco and quite harmless to those who are accustomed to inhale.

NANYANG BROTHERS TOBACCO CO:

165, Des Voeux Road,

TAG

TAIYO & CO.

BOOTS AND SHOPS. MADISED (093%.

Hongkong,

MANUFACTURED BY

MEN CERUNG HIGH CLASS PHOTOGRAPHER Los House Street

A large stock aft

Kodaks and Kodak Supplies

Just arrived.