1920-04-27 — Page 7

REYNOLDS DENNISTON.

THEATRE ROYAL

THE HONGKONG DAILY PRESS, TUESDAY, APRIL 27TH, 1920.

TO-NIGHT at 9,15' Sharp.

THE POPULAR

Denniston Players

Last night's reception of the Company by a large and enthusiastic audience revealed a repetition of the immense success achieved by them in all the ohites se fac visited,

TO-NIGHT at 9.15 Sharp.

Oliver Motosco's Broadway Triumph

CIVILIAN CLOTHES."

Prodused at the Morosco Theatre, New York, on the 10th Sept. last- and immediately acclaimed as the comedy "hit" of 1919.

WEDNESDAY April th"

THURSDAY,

April 29th:

FRIDAY,

April 30th.

SATURDAY,

May Ist

The Vivid Vital Drama of Real Life, THE THIRD DEGREE.” ·

The greatest play produced during the last decade. The play that ran for 18 months in London under the title of “ UNCLE SAM,"

FRIENDLY ENEMIES.

The most compelling play ever pennel by the mastermind of the playwright.

THE ACQUITTAL.”

The Farce of Farces, one continual scream,

NIGHTIE NIGHT.

PROGRAMME for last 3 nights of Season.

MONDAY, May 3rd-The Big Play

THE WOMAN IN ROOM 13."

TUESDAY, May 4th - Smile that rolls into a Thousand laughs

THE UNKISSED BRIDE."

WEDNESDAY, May 5th-The Brilliant Sparkling, and Piquant Farce Comedy

· BABY "MINE.“

The Bax Plans for the above Three Plays will open at Morties on Thursday morning-other plans now open. Telephone No. 327.

PRICES

£4, 3 & 1.

Arrangements have hen gule whereby Trame.will ran to the Fek after the Performance is ova.

The Best

711

Virginian Cigarettes

&

The Cigarettes of distinction.

Rob Roy

ROB ROY SILKY (UT

VIRGINIA CIGARETTES

75c. per 50%

Sunset 888

SURSET INITED

CICARETTES

65c. per 50...

TABAQUERIA FILIPINA,

4

10, DES VŒUX ROAD,

THE CHINA & AUSTRALIA S.S. CO.

03

OUR INVISIBLE ASSETS. OPTIMISTIC VIEW OF EMPIRE'S"

FINANCES.

At one time it was thought impossible to find out by how much a country's imports excected its exports, and vice vera There was, always an unknown. quantity in the caleúlation, and although economist, dimly perceived that the differ enco lies in goods and Serviës not record- ed in the trade wetneus, it was not until Sir Rober: tiffen, laid his finger on the exact spit, and showed that the deficiency was made up of what he aptly termed

invisible imports and exports. began to get an inkling of the real state of affairs Invisible imports and esports were found to include "all such sitesis a freight and insurance, remittances for the purchase on sale of ships at foreign ports, fire of vessels, expenses and remittances of formgn residents, bankers' con fissions, investments abril, and so on. Prior tu the war Great Britain had a large excess

that we

imports, yet despite this salverse balance the trend of the foreign exchang

invariably in her favour, and the reason was that we had an enormous furid of invisilde exports which enabled us not only to discharge the balance of indebted- Boss against us but also to avoid sending actual goods in exchange.

ADVERSE ENCHANGE,

We were able to accomplish something further: we were able to invest constantly in foreign loans and foreign investments of various kinds, the stendily recurring interest on which acted as a balwark against adverse exchanges. Then, as we held most of the world in fee for the carry ing, trade, we were large creditors for the services of our mercantile marine The position in regard to our shipping was considerably handicapped during the war, but we are now gradually and surely regaining cur pre minence. The ether invisible aids may be expected to follow as soon as our trade and commerce recover from the stranglehold, of the past five years. The Board of Trudle "Journal recently presented an informative analysis

this invisible" export question, and in the course of its remarks it was shown that our oversens trade returns for 1910 revealed an excess of imports amounting ta £669,000,000. against an adverse balance of 134.000.000 in 1913 According to the summary, the 1019 deficit was offset by the net income from investments, |$50,000,000: from our shipping, $400,000,000; and from other services.. £40,000,000. By deducting the total of our invisible exports we thus get an adversa balance against the country of approxi mately £149,000,000. In other words,, the invisible exports last year were estimated to cover 7 per cent. of the excess im. ports.

INCOME FOR 1920."

For 1020 it is estimated that our net Income from invisible exports will amount to £640,000,000; consequently, even if the excess of imports over rapurts rempins at its present figure, we shall have gone a long way towards recovering our pre-war position. We believe, however, that it is right to take even a more optimistic view, jund, although it is never safe to prophesy, one ventures to assume that if our export trade continues at the same rate as it did doring the last three months of 1919, the deficit will be nearly, if not quite, wiped <tit It must not be forgotten, too, that in 1919 our diverse balance was made up partly of our war materials, contracts for which had been unde before the armistice. and of which, we were bound to take delivery during 1919. In the circum- stances, the year 1920 is full of promise, and if all those who are connected with our overseas,trade wili pull together and avoid the senseless trade disputes which so often threaten to sap the very vitals of the nation, 1921 may well open with all the lost ground recovered.

FOR MEL BOURNE & SYDNEY VIAJMANILA, SANDAKAN QUEENSLAND Ports

$87

* VICTORIA"

For Passage nail Freight apply.co

6th May.

THE CHINA & AUSTRALIA 8.3. .CO., Agario, 113, Connaught Bead Central.

KOBE CHMBER OF COMMERCE

NEEDS LARGER QUARTERS.

The Kobe Chamber of Commerce has outgrown its present quarters and there is a proposition now before the members of securing more commodious rooms for the civic body.

When the Chamber sold a portion of its and some time ago at the request of the Department of Communications, there was a sum of Y200,000 realized. This fund has been placed to one side for building purposes. To-day, however, in in the light of the high price of labour and building material it would be im. posible to erect a building that would accommodate the membership for any such. small sum.

"A suggestion has been made that the Chamber turn over the money to the city do be med as part of the funds necessary for the erection, of a municipal hall that is to cost Y1.500,000, with the understand. ing that certain rooms in the new build- ing be set aside permanently for the uso for the Commercial body.

MARITIME CONGRESS..

-EIGHT-HOUN DAY AND JAPAN.

.

The eight hour question will form the most important of the problems in the agenda of the international maritime labour congress to take' place in Geneva next June, and there seems to be no deny ing that it will be unanimously approved. The adoption of this system, says the Japan Times, will very seriously affect the interests of the Japanese shipping engaged in coustwise navigation, which includes about one-third of the entire shipping of this country, though it will not affect the interests of those engaged in ocenu navigation who have adopted it already. The enforcement of the system: will naturally result in a shortage of seamen and give rise to mary complicated questions regarding waves and treatment. In view of the acceptance of the proposal be the forthcoming conference, shinning ronens interested are already consider ing wiensures for the extension or estab lishment of institutions for the training of renmen and other necessary - Arrange- ments for meeting future requirements involved by the change!

11

BOYS GIRLS

Clear Away Pimples

and Dandruff

INDOCHINA

STEAM NAVIGATION COMPANY. LIMITED.

BAILINGS SUBJECT TO' ALTERATION

SHANGHAI via SWATOW MANILA

SHANGHAL.

TIENTSIN

with

Cuticura

The Soap The Ointment to Soothe and Hosl These fragrant, super-creamy emol- [lients stop itching, clear the skin of pimples, blotches, redness and rough- nest, the scalp of itching and dao- druff, and the hands of chaps and sures. In purity, delicate medica en, refreshing. fragrance, conve nience and economy, Cuticura Soap and Ointment meet with the approval [of the most discriminating. Ideal for

every-day toilet asga. plas Sono le Chambon, Ointment to break the b

27.

LARAN

Cleanse and Purify

proxywhere.

THE MENACE OF INDIGESTION

SANDAKAN ...

SHANGHAI,

daurdunu vis HOTHO STRAITS & CALCUTTA SANDAKAN..

KOBE

*KWONGSANG "Thurs., 29th Apr:, D'light.

*LOONG SANG" Fri. 30th Apr. 3 pm. HANGSANG Sat.. 1st May, D'light CHEONGSHING"...Sat. 1st May, Diligna.

HINSANG.Sitt 18 May Noon. "LOKSANG... Sau, 2nd May, D'light. "TARSANG Tues, 4th May, 9 wa “YATSHING" (Wed, 5th May, 5 pim. "CHUNSANG ...Thurs, 601 M 7, Noon “LAISANG Maa 10th May, 5 mM.

CALOUTTA UNE -This Liza" atɔrds regatur sailings to Calcutta, reasng and Singapore; returning from Calcutta stomers proceed via Straite and Hongkong to Japan, socasionally calling at Shangbal. All steamers have excellent paloager Accommodation, fitted with Electric Light and Fane and extry a fully-qualified, Sargeon

ง

IHANGHAI LINE:-Sailings approximately every fre days between Canton” sos Shangosi, cometimor exiling at Swanów. Through diskata can be obtained and through Bill of Lading are imaod po sil Northern and Yangtze Forte vis Shanghai, LINE :—A weekly service la maintained with Mania by vousnis with goot

passenger accommodation, sailings from both ports avazy Friday. LINE:-Sailinge approximately weekly for passengers and cargo,

calling t Haibow when inducement offers,

[84-2

MANILA

HAIPHONG

HORNEO

to the General Health outd neither be ig:sires! дот

treated lightly. “It is always wise to regard. Indigestion ■ sazioni menace-- for than it is, most undoubtedly. Do not therefore damise e stomach vil- ment with the words :— 14 It in conly indigeation!' Think of what it 'might lead to. For it happens that neglect of this ailment in some cases hes serious results. A simple rem- .edy—yet one which has been proved timen out of sumber (or many years past to be. safe and

sure is Beecham's Pla This popular medicine should always be taken ROY symptoms of digestive derengement make their upperance. The sits are well known. They includa :— bilious-

soon

'pose, constipation, farolence,

headache, failing appetite and other" familiar forms of indisposition. Be prompt to deal with such troubles. Do not allow them to gain à bold upon you. Remember that these symptoms do really marter. Adopt the best defensive measures afeinat the menace of indigestion to Good Health by taking

BEECHAM'S PILLS.

Sold in Sage, Subačied prion)

Always specify KELWAY'S

SEEDS There is a reputation of 70 years behind the name.

Farm root IMPROVED Vegetable SEEDS.

Flower

Ask your seedeman to 15PENT on 14 and wa will at lowest parent příren æfileg gramps. attention and denpatek.

Kand an Add avales delas.

KELWAY & SON

Wholestie seed growers, LANGPORT... ENGLAND. Cable: KELWAY, LANGFORT.

YES!

TIRES

HORNS

SPARK PLUGS:

SPARE LIGHT BULBS PUMPS

BRASS POLISH,

BODY POLISH CARBON REMOVER

TIRE REPAIR OUTFITS

WE STOCK THEM ALL AND LOTS MORE BESIDES.

EVERYTHING FOR MOTORING BY LAND

AND SEA.”.......

#

ALEX. ROSS & CO.,

25, Dès aux Road Ci, PHONE 27, GARAGE KOWLOON,

PEON K417

LINE:-One skiing per month between Hongkong and Sandaken by

■ steamer having up-to-date socommodation for passengers. Cargo taken on through Billie of Lading for. Küadas, Jewelsca) Labuan, Tawao sad kishad Datu, TIENTSINI LINE:-A_sguise tarvice is ran from March to November between

Hongtong and Tienudo, eating a Wolbaiwel and Chalon,

CALCUTTA

S.S.

LINE.

YATSHING”

will be despatched on or about May 5th, tor

PORE, PENANG & CALCUTTA,

SINGA

Through Bills of Lading issued to RANGOON, PORT SWETTENHAM and MADRAS.

T

For Freight

or Passage apply to-

TELEPHONE No. 215.

Jardine, Matheson & Co., Ln.,

GENERAL MANAGERS

GLEN

AND

SHIRE

Joint Service of Steamers.

U.K.-STRAITS, CHINA & JAPAN SERVICE.

Veuse? "GLENADE"

CARMARTHENSHI

Vessel

*OLENIFFER"

* PROFESSOR'

"GLENADE"

OUTWARDS.

HOMEWARDS.

Leaves Hongkong

28th April 12th May

25th May,

Dne Hongkong 24th April.

18th May.

Discharges

GENOA, LONDON É ANTWERP. LONDON.

GEROA, LONDON & ANTWERP.

Movemente, are subject to change without notice.

For freight or further particulare please apply to:-

Jardine, Matheson & Co., Ltd.

AGENTS:

Tel. No. 11, sub. ex .23.

Cable Address

Kawakisen, Kobe.

Bentley's A.B.C. 6th Ed.

and Scott's Codes.

(The Glen Line; Ltd:

The Royal Mail Steam Packet Co Owners of "Shire"' 'Líne:

Telephone: Bannomiy

-3844, 2042,

KAWASAKI KISEN KAISHA

(KAWASAKI STEAMSHIP CO)

CAPITAL FAID-UP....

120.000.000

President: Mr. Y. Kawasaki.. Vice-President: Mr. K. MársukarA. Managing Director: Mr. Hasara Azz.

The Company has on hand a Targo Number of

NEW CARGO STEAMERS

ALWAYS READY · FOR

GHARTERS of all descriptions.

The following are comprised in the Company's Fleet

Eleven steamers of 9,100 tons each deadweight,

And, under the Company's management -

Twenty steamers of about 9,100 tons deadweight each Two steamers of about 6,400 tons deadweighg each.. Belonging to the Bawanki Dockyard Co., IL)

For Charter Baten "and all other particulars apply to the

122

KAWASAKI KISEN KAISHA,

No 8. Bonn, hose.