1920-04-30 — Page 3

REYNOLDS DENNISTON"

THEATRE ROYAL

THE HONGKONG DAILY PRESS, FRIDAY, APRIL 30TH, 1920.

TO-NIGHT at 9,15 Sharp,

Emphatic Success

THE POPULAR

Denniston Players

Rita Weiman's

Remarkable Play

THE ACQUITTAL

The China. Prets Shanghai maid →→

"I had only hard of "THE ACQUITTAL" so I called upon Raynolds Denniston and asked him aboup the piece so that I might salighten our million of readers on the subject and this is what he told me "While in New York . J. Middon of the Ameri can Play Co. called upon me at the Lambs Club and requested ma particularly to go to Chicago to see. “THE ACQUITTAL" with the object in view of buying the play for the Orient. I did so and aw its first performance. I was so delighted with it that I wired New York and bought it. The fact that it concluded a 16 weeks

judgment was correct is confirmed by the at the Coban Thestre Chicago playing to $14,000 a week. It was due to appear at the Coban and Harrk Theatre New York during the last week in January and reports have not as yet had time to come through but it is a feather in my cap that Shanghai is getting "THE ACQUITTAL" in the same month of its production in New York. I think it a very powerful play-intensely interesting, with a decided panch.”

SATURDAY,

Hay Ist:

The Farce of Farces, one continual scream,

MONDAY, May 3rd-The Hg Play

NIGHTIE NIGHT."

THE WOMAN IN ROOM 13."

TUESDAY, May 4th-At the request of many a

UP IN MABEL'S BOOM.” WEDNESDAY, May 5th-The Brilliant Sparkling and Piquant Farco Comedy

BABY MINE”

MANAGERIAL.

Owing to the postponement of the "Nore's" sailing for Singapore until the 10th May, the Company is enabled to extend their season. till Saturday, 8th May. The Programme for the last three nights will be announced in due course,

The Box Plans are sb. MouxRIE'Z

PRICES

Trams run to the Peak after the Performance is over:

We sell only.

Pianos of Merit

but they are not necessarily

expensive, you can buy

for $450.

The Robinson Piano Co

Ltd.

THE CHINA & AUSTRALIA 8.S. CO.

180

For MELBOURNE & SYDNEY,714 MANILA, BANDAKAN & QUEENSLAND POETS

*VICTORIA"

For Passage and p

687.

3rd May,

THE CHINA & AUSTRALIA B.S." CO., Agenta, 113, Connaught Road Central,

HOTELS IN

JAPAN MANCHURIA

JAPAN HOTEL ASSOCIATION.

Chuzanti (Nikka)-

“Lakeside Hotel

-Kinta Hotel ̧ Karzinswa

· Oriental Metal-

„Kreća Batal.

Puh Halal.

MyLea Holi

Changchun

́IN-SAPAN PROPER

· Kara

Kara Hotel Xikke

Vika Hutal

Osaka Matal

Kas-ys Hotel

Deltakwen Heick

Layerini Hotel

Zokyo Station Facil

Trafiji Holyoken Hatál Tokekams Moto Grama Hotak

*IN TAIWAN (FORMOHA)

··Txikaks--Eaiwan Railway Hutal

Katti (Bron])-Chosen lletat (5 PALAL-PERLE Station Hote

"Hangham--ShƐngisan Kiution Matal

“IN, MANCHULIA

By Tomato Batal

Daires

„Tabela Batal

Mochigners

Hotan (Nakkin

İş Tamate Ketat

Rytján (Post Arthur)

TOBACCO SECRETS.

WHERE THE COMBINE'S GIANT STRENGTH LIES.

HIGH PROFITS, BUT NO

PROFITEERING.............. ·

The Tobacco Sub-Committee one of the saries of Committees set up under, the Profiteering Act to inquire into trustam | reported that the Imperial Tobacco Com pany covers two-thirds of the trade. has power to dictate prices of standard In fact, smaller firms recognise they only exist on sulference In this the Committee see possible dan- Agar but they put it on record that the

lines. that,"

;

|

WEATHER REPORT:

April 29th at 1218-No returns from Japan and Vladivostock, bot

Frometro bsa decreased slightly to moder ateiat all reporting stations; it is probably highest in the Fselfie to the south of Japan.

Hongkong rainfall for the 24 hour ending at 10 am, to-day, 000 Inah. Tetal tinÖR January 1st, 11,35 inches, against an average of 11,43 Inches, managi

The forecast for the 24 hours anding at BOGA

o-day is as follows

DISTRICT

Formon Channal

combine has never misused its power, and dengkong to Cnp Book in practice, by chespir production, its activities have tended to keep prices down

mittee that there It is stated by the Committee. have been. largo profta by reason of the colossal turnover, but the great power of the combine has not been used to the de triment of the tobacco-consuming public.

To present the report in packet form, the following are some of the main con- tents

Policy of Imperial Tobacco-Com- pany has not resulted in raising the ¡ price, but tended in opposite dice

tion.

Company has bad no injuriousin- fuence on the trade.

3-Danger of monopoly if the company

changed its polian

"4 exist. 4-Independent firms already

ing on sufferance." 5.-Present practical dictation of prices

by the Company. 6.-Eeadjustment of date of duty pay mente in the interest of the con-

sumer.

7. Government should be armed with powers to protect the public in the eyenb of a monopoly being exercised to its detriment.

NO INJURY TO THE TRADE. For the tobacco, trade the report con- tains no surprises. It is dated December 13th, 1919 (so that no reference is mado to the latest general increase in prices), and is signed by Mr. Hidney Webb (Chairman) Mr. Robert B. Pengelly, Sir. Francis Towle, and Mr. T B. Johnston-

#

FORECAST.

E or variable

winds, moder ate ; fále, fog or (mista.

ƒThe sazze S

Nal.

South Coast of China betwem 'The mazza as

Hongkong and Lamocks 1 No. 1,

South Coast of Chins between (The mme, Hongkong and Haings...) No. 1.

HONGKONG METEOROLOGICAL

REGISTER.

Hongkong Observatörf, Apr0 89th.

INDO-CHINA

STEAM NAVIGATION COMPANY. LIMITED.

MA

MANILA, BHANGHAT ID-

TIENTSIN

MAILINGS BUBJECT: TO ALTERATION

الاول

BANDAKAN

SHANGHAI ...

EATTRONG VL BOIow

SANDAKAN

STRAITS & CALCUITA KOBE

***

TH

A

"LOONGBANG" Fri, 30th Apr., 3. HANGSANG Sat. 1st May, Dight HINBANGB 1st May, Noon LOKBANG" San, and May, D'light. "CHEONGSEING...Sun, mnd May, Dlight....

"TAKSANG: Wed 8th May, 8 mon "CHUNSANG ....Thurs, 6th May, Noon *YATSHING” .....Fri; 7th May, 3 pm "LAISANG", Mon, 10th May, 5 r.

CALOUTTA VINE -This Line affords regular sallings to Calcutta, tenang and Singapore; returning from Calonita stemmers proceed vin Straits and Hongkong to Japan, occasionally calling at Shanghai. All men have excellent pamanger sccommodation, are fitted with Electric Light and Fans and carry a fully qualified Bargeon

SHANGHAI LINE--Bailings approximately every fre days beswean Canton was Shanghal, sometimes calling at Swałowa. Through, Maketɛ can be obtained "and through Bills of Lading, aro, Issued: to all northern and Yangimus Ports via Shanghai. MANILA - LINE-A weekly service is maintained with Manila by vecin, with good

Pacmanger accommodation, safifuga from both porta every Friday HAIPHONG LINElling, approximately skirt for

and cargo, when inducement offers. SÜRNKO ... · ĮLINE-One sailing per month between Hongkong and Bandakan

s' steamar haring up-to-date socommodation for passengers, Cargo taken on through öllls of Lading for Kundas, Jemison) Labsan, Tawao and Lahad Datu.

calling st

་ ༈༙

Previous On Date On Date: | TRNIN ♬ LINE-AʼNTIÂr service is ran from March to November between

Day BA

Hongkong and Tientalo, ending at Weibalwef and Obefor

#t

at 2 p.m. 8 am $.pm

|

Barometer Temperature Humidity Wind Direction Weather Rain.

-1

19.89

29.8129.78

:69

68

67

85

74 ሽዑ

East

East

East

Force

"4

3

"Down to this data," says the reporty for the existence of the Imperial Tobacco. Company, with its present policy, has not resulted in raising the price of tobeced. or cigaretter to the consumer; but has tended in the opposite direction.

Nor bave we discovered that the Im perial Tobacco Company has exercised any injurious influence on the trade. Our witnesses expressed the opinion that its activities, generally speaking, have been beneficial to the retailer and the com. munity.

+

POWER TO DICTATE PRICES.O

Highest open air Temperature on 28th 70 Lowest open-air Temperature on 28th...68

Days of

Week or

HONGKONG TIDE TABLE.

From 30th April to 6th May, 1920, “

HIGH WATER

Days of:

Month

B'Long

Standard

Time.

The Committees find that "although Fri, 30 m there is no sort of monopoly, and no com

bination covering more than two-thirds of Satar the trade-

*.. The circumstances of the industry are. Sun. such as to enable the Imperia Tobacco Company practically to dictate the price Han. at which the great majority of consume

buy

the common standard lines of Tam tupacco and cigarettes

et taman

Competition has restrained the advance Wed

1 m

·∙Height,

Low WATER

F'kong

Standard

Kaight.

hm. ft. in b. m. fk fin. 7.65 5 8 1 3 2 2 8 395 €

81 68m 2 4 8 4 9185 218

2m 8 48, 65m 324 | 2 8

105a 5

59

·3.

m 9.11

632 | 3

10 89

11 54

'm-100

m

of prices, and some of the cheaper tobacco valetice" are being placed on the más Thur. 6m 0.21 ket at a loss.''.

We cannot, however, ignore the fact |__ that the policy of the Imperial Tobacco Company might be changed. One possible result of the existence of such an organ- isation was mentioned by more than che witness.

We only exist on sufferance. (said the representative of one of the oldest firm in the trade). "A business of such

6 9

JUST ARRIVED

A CONSIGNMENT OF

magnitude, commanding so extensive an| MESSRS. SHANKS & CO., LTD.

influence on the retailers, and posse

sing such large reserves, as it in its power, by foregoing ita ordinary profit for.

A short time to cut prices to such an exten to place all ita rivala out of business and secure the entire, or very nearly the entire, monopoly, of the tobacco trade, ́ ́ » '

In this case, while the consumer would in for a short time have the benefit of lov prices, such an organisation would be able, as soon as the monopoly was secur ed, to raise prices almost to any extent desired. It would be practically imp sible for new competitors to gain a foot- ing once the monopoly was established:

HEAVY TAXATION,

One or two interesting passages in the report relate to the heavy payments in taxation. For instance:- ja

Value of tobacco leaf imported

in 1018 was estimated at £15,676, 108

SHIPS CLOSET BALTIC

PACIFIC

MEDITERRANEAN

ABOVE AND BELOW WATER

LINE

Duty collected in same £40,385,489 CE. WARREN & Co., Ltd.,

*Payment of so large a sum in, duty. makes the price variations exceptionally dependent on changes in taxation rather than on the expenses of production. It also calls for an exceptionally heavy in vestment of capital in proportion to the cost of the raw material plant and labona

“One effect is that the tobacco manu- facturer has to provide a large sum of money on taking the raw material out of which on the manufactured goods

bond,

is paid by the consumer. The manufac turer adds the interest on that sum (at an undefined period) to his coat of pro- duction, and the retailer, buying it at this artificially inflated price proceeds, in his turn, to charge his customers in normal times interest on the money he has thus: advanced for taxation !

BEADJUSTMEK.

20 & 12, Dan Vœux Boad, Central: ~

Established 1900,

"THE NEW FRENCH REMEDY,

CALOUTTA

LINE.

S.S."

YATSHING” will be despatched on or about May 5th, for PORE, PENANG & CALCUTTA.

SINGA.

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

For Freight or Passage apply to-

TELEPHONE NO. 215.

Jardine, Matheson & Co., Ltd.,

GENERAL MANAGERS

SHIRE

GLEN

AND

Joint Service of Steamers.

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

OUTWARDS.

"CARMARTHKN

Verrel

** GLENIFFER" "GLENADE”. "PROFESSOR"

HOMEWARDS.

Leaves Hongkong

29th April 25th. May

29th May

Due Hongkong

∙18th May,

Discharge

GICA, LONDON & ANTWERP. GOL, LONDON & ANTWERT. LONDON,

- Movements are subject to change without notice.

For freight or further particulars please apply to

Jardine, Matheson & Co., Ltd.,

AGENTS:

Tel. No. 115, zub, am 28.

Cable Address

Kawakisen, Kobe,

Bentley's, A.B.C. 8th Ed.

Isa

and Booth's Codes.

THERAPION No. 1 THERAPION NO.2 THERAPION N13

"Bali Diposono, No. 2 Lər dirualo WeakneERNE. *SOLDBYLEADING CHEMISTE PICKIN ERAZARD,36- DALEČLIKEMSÉÇO.Lavovizek Szá...M. WILEJASON, . ŠRE-TRADE. NARXED' WORD "TREZAPIOW * 18-248

ing that he has to get rid of stocks bought at the old price and this not withstanding the fact the Government normally gives notice of a prospective reduction.

110 PER CENT

"It is worthy of serious consideration whather, without loss to the revenue, there might not be a readjustment of the actua payment of duty-to-a ister, stage of tas Processes of manufacture, and distribu tion, so that this unnecessary burdan of interest might be removed or reduced. The customer ought to pay the cost of production, the necessary proat of the Site 1914 the price of tobacco to the manufacturer and distributor and the consumer has been raised by about 110| Government tax, but there seems to reason why he should be further burdened Percent, but this includes the succeİTO with interest which confers no benefit on interest in Customs duty--122 per cent- the Revenue or on himself Out of 10%. Bd & lb. charged to-day It is further to be chserved that in for a cheap tobacco, about Sa. munt be normal times the fuctastions in the regarded as tax

tobacco duty cause considerable dispatIn the bpinion of the Committe faction to the consumers because if the would be an advantage if exact statistics -duty is increased the retail price of were regularly published, in the case of tobacco goes up either at once or5in all combinations or businesses of special few hours, although the manufacturers magnitude, showing the net profits in pro and many retailers, bave large stocks portion to the turnover as well as to the which have only paid the lower rate of actual capital; and alay that the Clover dutys

ment might well be armed with powers to take any steps that may become neccesary, to protect the public in the event of a monopoly being exercised to its detri ment Daily Chronicle,

Onthe other hand, when the duty lowered the fall in the retail prios much more gradual, the retailer plead

(Continued at foot of next column)

The Glen Line, Ltd: The Royal Hall Steam Packet Co Owners of "Shire" Line:

lephone : Sannomiy

KAWASAKI KISEN KAISHA

(KAWASAKI STEAMSHIP Co.)

CAPITAL FAID-UP

720,000,000

President: Mr. Y. Kawirakı Vice-President: Mr. K. MATSUZATA, Mausging Director: Mr. Maxaya Axx.

The Company has on hand a Largo Number of

NEW CARGO STEAMERS

ALWAYS BRADY FOR

descriptions.

GHARTERS

The following are comprised in the Compsaxy's Fleet ---

Eleven steamers of 9,100 tons each de_dweight.

And, under the Company's ́mana

Twenty steamers of about 9,100 tons deadweight each Two steamers of about 6,400 toas deadweight each.

Belonging to the Kawaid Dookysed: Co. Láď) For Charter Bales zand nitrother partieni:

2192

KAWASAKI KISEN KAISHA,

B. BUND, KO..