1920-05-20 — Page 7

THE FUJI TRADING CO.,

LIMITED

(Inc. in Japan)

PAPER

of all Descriptions In Stock.

Address: 14, Chater Boad Central, Hongkong. P. O. Box: 840 Telegraphic Address: Fujiboyeki, Hongkong.

Head Office: OSAKA

Telephone 345

Just received from U.S.A., a new shipment of Typewriters--"

different models.

108

Inspection cordially invited by

UNIVERSAL IMPORT & EXPORT CO.

HOTEL MANSIONS,

Noble's

TOP FLOOM,

HONGKONG:

VALUE 15 WORLD FAMOUS

amous, not onlyin the Old Country, but throughout the World, are the superb values obtainable from John Noble's. You should send to-day for the wonder. ful 68 page Catalogue, giving full particulars and hundreds of illustrations of the very latest styles in Women's, Men's and Children's Wear, Dress Materials, Footwear and all kinds of House bold Kequirements, such as Llocks, Sheetings Curtains, Bedding, Cutlery, etc."

Bay all such goods dixest from England-from Noble's, the actual manufacthren, and the fava middle prosta) Everything offered you by Nob37 will give you extreme satisfaction la quality of material, design, workmanship and price.

To save writing to England in the first place, copied of John Noble's Catalogue' may be obtained, post free from the Hot Kong Dal Prost," Hong Kong

PATTERNS John Noble, Ltd., will gladly send

a splendid selection of pacifcus CẾ dress materials, post free, un application to Manchester.

(in tall) shonid wha ́s-.

REMITTANCES ( possit & be sent

by Mossy Order, or by Bank Draft, payable ai sight on

London or Manchester,

JOHN NOBLE LTD. Manchester, England

WATERHOUSE

THE HONGKONG DAILY PRE THURSDAY, MAY 201a, 1920.

#

10

LINE

TRANS-PACIFIC FREIGHT SERVICE. Operating the following US Shipping Board Steamers

'For

SEATTLE-TACOMA-VICTORIA -VANCOUVER

via Kobe and Yokohama,

DELIGHT

"WEST JAPPA

20th May.

1st June.

Further sailings to be announced later. Through Bill' rerland Common points in US and Canada.

For rater and

rticulars apply to

FRANK WATERHOUSE & COMPANY, 3rd Floor, Hotel Mansion

KONINKLYKE PAKETVAART

MAATSCHAPPY.

(ROYAL PACKET NAVIGATION CO. OF

THE STRAMSHIF THE

"VAN

BATAVIA)

WAERWYCK

will be despatched on 15th June

TO SINGAPORE PENANG AND BELAWAN DELI

This vessel offers excellent cabin accommodation for saloon passengers

Wireless Telegraphy.

For Freight and passage, apply to

JAVA-CHINA, JAPAN-LYN

THE COMING EXPORT SEASON.

LOOKING TOWARDS JULY.

The nervoumass that has been evident

in many branches of local trade recently has been reflected in opinions, expressed

MILKMAID

in various quarters, says the N-CD STERILIZED

News, that we are in for a bad season

all round, including an absence of exporte This prospective failure of exports, it is pointed out, will prevent the steadying.

NATURAL

INDO CHINA

STEAM NAVIGATION COMPANY. LIMITED,

“BAITANG'S SUBJECT TO ALTERATION

BHANGHÀI Vis SWATOW MABELA-ses

SINGAPORE & PIANO via AMDT

BANDAKAN

NGBANG Fri

9'st May, D'light

• YUENBANG" Fri Stat May, 3 pm. FOOSHING) Tues, 16th May, 3 pm. HINSANG... Thurs, 3rd June, Noon

of exchange and emphasize its falling MILK (COLOURED LABEL) JALJUTTA ANE -This Line affords requisic Miloge to Calcatta, enang she

tendency, so in view of very high prices

at Home' a largo import trade will also be impossible. There is undoubtedly much pessimism, more frequently since the crash in Japan, ang in view of depreciated cur- OUT rencies in Europe, restrictions on mports and the like, there is a tendency towards increased gloom."**

In one of their recent circulars. Messrs. Samuel Montagu & Co mentioned that in their opinion Chins produce woulck... bẹ distinctly in favour this year, but going" on the sumption of Europe's inability to purchase her usual supplies and the fact that America has apparently outran the amount of money at disposal for com mercial enterprise, people have failed to see reason for this optimism, To add weight to their views there has been a drop in prices of ecrtain commodities at Home recently.

In view of the fact that such opinions have been beard, we have secured, says our Shanghai contemporary, the view of an experienced merchant, who, it is satisfac- tory to pote, has a more optimistio out look on the state of affairs...

SHORTAGE OF ACCOMMODATION. Recently orders from abroad have ceased, to some extent by reason of the fact that storage accommodation at Home is no longer available. Merchants order ed large quantities of goods last year in the anticipation that the Central Euro- pean countries would be in a position to take them up as there were large orders from Germany and elsewhere, and in this way China produce is believed to have been overbought. Within the past two months the depreciation in currencies has been accentuated, and on top of this has come the revolutionary movement in Ger- many which has paralysed trade in that quarter. Lonsequently the imports have remained in warehouses in the principal European ports, and recently freight: carriers have been held up for lengthy periode in harbour through sheer mability to find accommodation for their cargoes.

As one outcome of this, we hear of besivy losses aizstained by a Chinese exporter, of, egg products who during last year bad made handsome proste. Owing to the present state of affairs these have been turned into a loss, but it is believed that the Chinese banks are showing their con- fidence in the future by financing him. At the same time news comes from Home of a fall in prices of reveral commodities, dus to the

that merchants fact are at length trying to get rid of some Up to this of the accumulated stock. point it is believed that syndicates in the Home markets had purposely kept these goods out of consumption in order to maintain the level of prices. A

Now, however, that prices have receded in certain lines, the opinion is hazarded that this will have the effect of bringing a large proportion of the stocka into industrial use. The drop in price may remain for some time, but as soon as the

IT POURS

OF THE TIN LIKE ANGHAI LINE

BEST

ידי

FRESH MILK

PACKED

BY NESTLE'S

IN TWO SIZES

3/4 pint- 1/4 pint. SOLD EVERYWHERE.

"

LIST-

MANILA

JAIPHONG LINE

BORNEO

resuming from Chicktie, siosmara, proceed via Stratt and Hongkong do, apad, osulfidonally andling sa Bhringhi.“ Brad with Blocaria Légka and Fana and surry- a fully-qualified

(approximately erory: Áre days

daya belirten Canton Lex

sometimes; eslling at Benbow. Through Wakens' CON BAL bees now bech, and through Bun af Tahiting""*** Boomed to "ail sforthem andě angless via Shanghai, Awooklya

y romels with good

thigt trour Both parin uvury-Trkings legs spproximately keepku, for onescogers Bufa diana, calling as Holbow when

LINE :-Ong mailing pse moush between "Hongkongs and Sandakan

nebusiner having xp-to-date sooonsmoda Man förgasa

Cargo: taken on thronakilala

Labuan, Tavaso and Laind Date,, AVEN

TIENTSIN) LIKE :-A... "yalar sorgion in ran from March to November betwee

Hong kong and Tionisin,' qulingas Wolhafwei and Chefon,"

CALCUTTA LINE.

S.S.

FOOSHING'

will be despatched on or about May 25th, for SINGAPORE,

& PENANG via AMOY.

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

For Freight or Passage apply to-

TIDAHONE NO. 215.

Jardine, Matheson & Co., Lt!,

934%

GLEN

JUST ARRIVED PACONSIGNMENT OF E

MESSRS. SHANKS & CO., LTD.

SHIPS CLOSET BALTIC PACIFIC

MEDITERRANEAN

stocks can be taken up at all freely by ABOVE AND BELOW WATER

the countries requiring them, rates will

again advance. Hence prices in Europe. will once more come somewhat into line

with those prevaling in the East.

STONE UP INGAZERTY,

LINE

It was not alone from China that C. WARREN & Co., Ltd,

Europe was overbought last year, but likewise from Japan and India. But in the opinion given us the deadening effect. of this state of affairs is wearing off, as is evidenced by the fact that during the past few days more inquiry has been apparent from England, France and America. This suggeste that in spite of the depreciation of the franc France is once more able to do a certain amount of business, while the renewed inquiry, from England indicates that Germany has somewhat recovered from her rescat con vulsion and is able to take up some of tha. cargoes which had been ordered by her through English merchants."

It this view is correct it indicates a renewed, power of financing consignments of goods on the part of Europe, in which case the stocks at print held will rapidly disappear. It is interesting, in this con- nexion, to note the opinion of one silk man who states that he would not be sur prised to see the silk business start at any moment now,

STRE CHINESE POSITION.

At the present moment the Chinese exporter is suffering from the impression which last year's trade created It then appeared to him that the world wON BO short of material that it was ready to pay. any prices asked, and in spite of exchange he was able to put up prices to European and American buyers. It will take a little time to dispel this iden from his brain- that he can command any prices whatso ever but as he is a thorough busines man be will come down to reasonable prices. With this and the decline Exchange business with Europe will possible,

In the meantime, as well as the inquiries from Europe which have been noted, it matter of interest, that duri

few days worden received

This

Local mill from

ur informant

Hunting esent

that

20 & 29, Des Vaux Road, Central,

Fatablished 1900

Your Baby's Early Days

"Baby" naturrak (206 DE JOGEDET BARAKA If he cannot get this you must sốre him food which is practically-klassical with mother's trike Only so cans you Blasen kaup Baby well and Happy, ta

The Allanburys Foods provida

retly what Baby needs to make bin' strong and healthy during the feat (ertical months.

Altenburgs

Fods

Maka Baby Happy and Strong,

GENERAL MANAGERS

AND

SHIRE

Joint Service of Steamers.

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

•CARMARTHENSHIRE

"CARDIGANSHIRE-

"GLENSANDA

GLENAPLE .5"GLENTARA"

“GLENADE" "PROFESSOR

OUTWARDS.

HOMEWARDS,

Leaves Hongkong

27th May

28th May

Duo Hongkong:

22nd May

12th June.

-85th Jane.

30th June.

12th July,

Discharges

Gasol, London & Astrane.

LONDON:

Movements are subject to change without notice.

For freight or further particulars please apply to:-

Jardine, Matheson & Co., Ltd.,

The Gion Line, Ltd: AGENTSR The Royal Mail Steam Packet: Cor

Owners of "Shire” Lines

Tel. No. 216, rab, ex 22.

Cable Address

Eswarisen, Koba. Bentley's ABC, 5th Ed.

and Booth's Codes

3844, 3342

KAWASAKI KISEN KAISHA

--(KAWASAKI STEAMSHIP

CAPITAL PAID-UP

Freddent: Mr. Y.

Vice President Mr. L Managing Director: Mr.

Company hail on hand a Large Number of

0,000

NEW CARGO STEAMERS

ALWAYS BEADT

GHARTERS of all

desa

tions:

Following comprised in the Con leven steamers of '9,190 tons each Ber the Company'S MAKE ZORG teamers of about 0,100 tons deadweight each 00%tods deadweight Exch

wald Lookyard Co. I

KAWASAKI KISEN KAISHA

FOOD

From k’monika wywarło.

Twenty

ALLEN E HANBURYS Ltd., London