1920-07-23 — Page 2

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THE HONGKONG DAILY PRESS. THURSDAY, JULY 22ND,

1920.

THE GREATEST,

"CATCHING

MEDIUM.

ADVERTISING

Do you want every CHINESE to know your NAME? If so, ADVERTISE IN OUR CHINESE ALMANAC. WHY should· YOU ADVERTISE in OUR CHINESE ALMANAC !

BECAUSE:

1. ALL classes of CHINESE PEOPLE in. CHINA and abroad

MUST KEEP a copy of IT.

2. IT is the BOOK of CONSTANT REFERENCE of the

CHINESE.

3. EVERY CHINESE consults IT AT LEAST once a day for

LUCKY THINGS in their daily ACTIONS and EVENTS. IT is the CHEAPEST of ADVERTISING in the LONG RUN.

4.

6. OUR ALMANAC is an UNPRECEDENTED PUBLICA- TION of the ORIENT being an improvement upon all other editions in PRINTING, and in ARRANGEMENT of SUBJECT MATTERS.

6. THE ALMANAC ALWAYS occupies the MOST PRO-;

MINENT PLACE of a shop, office and house.

7. ITS CIRCULATION is ALL OVER, CHINA and other

foreign countries where there are CHINESE

8. Therefore TOUR ADVERTISMENT will be NOTICED EVERYDAY, EVERYWHEREard by EVERY CHINESE." For further particuluss'apply---

1110]

THE CHINESE ALMANAC ADVERTISING CO..

75, De Your Roud Central HONGKONG.

SALE OF

WATERPROOFS

20%

OFF

-MARKED PRICES

FOR ONE WEEK ONLY.

MACKINTOSH

& CO., LTD.

MEN'S WEAR SPECIALISTS.

16, DES VEUX ROAD.

JUST ARRIVED

TELEPHONE

FRENCH PERFUMERY

Toilet Soaps.

Perfumes.

'Rice Powder. Tooth Paste.

"Gelle ·Freres,"

UNIVERSAL IMPORT & EXPORT CO.,

P.O. Box $48. 108]

HOTEL MANSIONS (TH), Floor),

Hongling,

Telephone 3402

THE LEADING

BRANDS

of

MANILA

CIGARS

EL PALACIO

IMPERIO DEL MUNDO.

SOLE AGENTS.

THE HONGKONG CIGAR STORE CO., LTD

TELEPESI No. 151.

HOTEL MANSIONS.

HEALTH V. SICKNESS.

Ja

By taking mr "ROOSTER BRAND" MACARONI, PASTE STARS, EGG NOODLES, VERMICELLI, or other kinds of Soup-rtails REGULARLY you decape SICKNESS, all our Products, being manufactured from Floor of the Best Quality and under the most Sanitary Method, can be EASILY DIGESTED and give you GOOD HEALTH and STRENGTH.

Large quantities have been exported to various parts in the World Your esteemed Orders will receive our prompt and careful attention. Terms moderato, especially for Agencion.

نداشته

THE HING WAH PASTE MFG. CO., LTD., HEAD OFFICE Hongkong, Nos. 47 & 49; Comaught Road Central, Tel. No. 2230. BRANCH OFFICE Shanghai, Nos. 430 and 431. Nanking Road, PAUTORIES-Hongkong, Wing Hing Street. Causeway Bay: and Shanghal, No. 71,

Harth Boochi Road,

CHINESE PAWNSHOPS AND JAPANESE MAY QUIT ROUTES

LOAN SOCIETIES,

[BY OUR CANTON L'ORRISPONDENT)) When the stranded gambler in Cantin bands his genuine sparkler over the counter of pawnshop he gets the In which the shop is willing to give together with a receipt saying that the article pawned is only a piece of clear glass. The woman in hard financial strade who sends her servant to pawn a gerine pearl in a gold setting gets back a receipt saying that the shop is making a loan on a false pearl in a brass setting. But the bailor kuows that when be reclaims his valuable, that he will get buck the same articles that he has pawned in spite of what the receipt may say.

X.Y.K.

SERIOUSLY

TO AMERICA. AND 0.8.K. CONSIDERING WITHDRAWAL. Tha Osako Sheen Kaist and the Nippon Yusen Kaisha arp seriously cons during the withdrawal of at least a number, and probably all, of their vessels im rutes to the United States as soon as the Jones Bill becomes effective, says the Japan Advertiser. It is the intention of these companies to make a strong bid for trade with South America, South Africa, abandon the United States trade. India, Australia and Europe and co

Mr, Atsumi, of the 0.8.K., believes that Revere blow to this action will be Japanese exporters as the withdrawal of Japanese steamers will leave the entire The explanation of this custom runs so business in the bands of American ship- far back, into the maze of Chinese history ping interests without competition and this that the beginning of the custom is hard will have a tendency to make freight rates higbar. He says that the large steamship. to find. Pawnshops in China appear very companies of Japan will not suffer as much carly in the history of the people. The from the American shipping bill as the Japanese exporters, because the steamship pawnshop-kepers.explain that there was companies are able to seek other route

a time when people pawned brass and but the exporters will be compelled to trade claimed gold. To prevent this the pawn with the United States, keeper now Always terribes articles pawn: The Toyo Kisen Kaisha steamers ate ed as useless, in order to prevent fraud. In subsidized, as are some of the N.Y.K. spite of this fact, the people patronize the vessels, and they may have some difficulty pawnshops, for all through China bey in obtaining the consent of the Govern have established an enviable reputation for ment to withdrawing these ships. In order bonty in dealing with customers.

to escape the preferential freight rate In a city like Canon where a large across the United States, the 0.8.K. is

ter the population is no far removed -part from Anancial dificulties, the pawnshop leaning money personal, possessions is

Ermiy

stablish institut.on doing an immense business. There is none of the odium attached to the business that there is to the shops showing the three ballgin Western Cuntries. The pawnbroker in China has a highly respectable business which is considered desirable because it is regarded as Maže,"

#k

planning to take freight offerings to the Eastern States direct to New York, vai the Panama Canal. It is also planned to divert as much freight as possible víð Van- couver and to coal at that port.

The Them Exporteranciation held a meeting in. Ynachama recently to consider, ways and means of handling the probleau. Representatives of the larger steamship companies were present and were There is little chance for the pawnbroker invited to explain the, details of the June to love About the only chance for las Bill and to give advice in regard to the pr 19 in the valuation of articles of doubtful per cure to take when the law becomes value brought in for pawning. Ce effective It was decided at the meeting quently, the clerk who fixes values of articles to appoint a special commission to work brought into the shop is au cupluye upon in th interests of the exporters. This when much responsibility, falls. He is commission to be, instructed to cooperate, chown with a good deal of cares for he with exportern cisions in other large must be able to distinguish the real from

It was also agreed to cition in Japan. the imitation in a great variety of articles cables at once du connections in the United So trained are these men, loves er, that they States and to consignes advising them seldom make a mistake in fixing a valuë,

of the importance of making every effort -Thr-pawnshop-in-Ching does not assume the responsibilities which time bailes of to prevent the bill from taking offer. A property usually carries a western ton petition is the prewinted to the Govern

tries.

In case of fire, robbery, theft or ment requesting that the question be taken damage by insects the pawnbroker does up at the present session of the Diet, and not bear the loss. The loss falls open the that the various consular officials in the person who is put the property into his United States be instructed to use their

If the pawnshop is

egligent it way be forced to reimbare influence to assist Japanese trade..

Not all those who patronize the pawn

but this has happened so seldom that it in generally assumed that the person put ting the articles in pawn must chose his agent with care and must be a in financial straits. However. The pawnshop is regarded as a f which enes

deposit place for summer clothing in the winter tilve, and foï" winter clothing in the summer time. On his clothes the bailor recives a sim of money for which he must pay what the European regards a heavy rate of interest, althugh it would not he In return be has so regarded in China. has clothes well cared for to be red-med

In Canton there are two classes of paun shops

One group makes loans for a period of three years as a waxinn. The other loans only for a period of one year or less fates of interest charged would be considered rank usury in the eyes of west ern law. The varies from noe and a half to three per ceat a month. This

rate

when needed.

لكرم

"

means that the rate is from eighteen to

The My THE LOAN ASSOCIATIONS.. thirsix per cent, annually, var according to the kind of article

Another very continun way of borrowing pawned and the length of time for which

Laqton" and thronghout Chita the bag is inade. A general rule the oney in

is through juga societies which do not have. longer the period the smaller the rate of

western countries. interest, Articles which find a rendy bale are equal in

-Elevghi mch or women agire to enter a loan rverived at a lower rate of interest.

Fuciety.

the urging o

twelfth Contrary to practice in western coun

the organizer. ย tries, artiles or clahing are considered t

sturs the society, each person agrop to desirable by the pawnbroker This is because there is a Chinese demand for put a certain suur of money into the fund. second-hand clothing ach as dos hot exist ng the poor this may mean a very few în n. western, country: Jewellery, taken cent each, un tie atin may run to as readily by the pawnshop in a wester hou is atter auoant would be con- much as a thousand dollarsa përson," country, charged a high rate of interesti

sidered very large. In the society with in Chinn, particularly if it is extremely! valuable. It is found that the Chinese who which I most familiar euch of twelve

WKO

At their first meeting this sum of $360 was then turned over to the organizer for his use without interest until the society should low up its affairs at the end-of-two-years, her each of the eleven men are to receive back his thirty dollars. The organizer at the opening weeting gave a feast to the eleven men which cont him ten dollars.

can afford to buy expensive jewellery does agreed to contribute thirty dollars. not wish to invest in second-hand jewellery. If pawned goods are "Hot redeemed within the time specified they are sold to brokers, who in turn sell them to shops However, it is possible for the bailar to pay the interest due on a pawned article and to extend the time indefinitely so long as interest payments are made. One street of considerable length in Canton It was agreed that the association should deals only in goods brought out of the mees every two months. At the second pawnshops. Sales of unredeemed goods meeting each maa, excepting the orga¤ÍÆT, are not, as a rule, made from the past was allowed to make a bid to borrow from shops to the individual customer, unless it the society. Each man stood ready to put is done as an accommodation to a friend, thirty dollars into the fund at this secund The pawnshops have found it to their meeting if called upon to do so. As a to allow the nnll shop to retail matter of fact, each man actually put the

dr.

twenty-four dollars into the fund, been An interesting commentary on justice in one man who needed the money made a

bid Chins the fact that although a person t to receive 2999 and to him each man paid

by

may know that his goody have been pawzed twenty-four dollars. Other bids of 1990 a thief who has stolen them, it is not and 3300 were not accepted." At the third possible for the real owner to claim his meeting bids were made again, and the goods until he secure the pawn ticket and man willing to receive the smallest amount pass

the sum of money with interest which was paid that amount by the others. It' the shop has advanced. The western rule was, also, a characteristically Chinese of law let the bayer beware does not custom that the man securing the use of operate against the pawnshop in China, the money was under obligation to give No questions are, asked by the broker za feast costing ten dollars to the others. to how the person came into the possession Bo is buize and pleasure, united in this of the goods for which he asks a loan country. Each man who makes a success- 'For this reason. the thief in China has aful bid is not allowed to make a second bid comparatively easy task in gating rid of for the more during the two years so stolen goods.

that during this period each man has a

An interesting practice in Canton is the chance to get the use of a sum of money selling of pawa ticket by those who do contributed by the others

Sometim

not wish to redeem their goods. There This is but one form of the loan tickets are sold to vendors on the streets, although the most common. who, tura sell them to purchasers who the person who is to get the use of the wish to také a chance on getting something money is determined by lot. For the usu for almost nothing. Many of these pawn of the money a high rate of interest is tickets are. f. doctored

to bait the pald. At the end of a fixed period the customers. As one Chinese saya. You money is repaid and another person, chosen may be sure that the ticket does not call by lot, gets the use of the money, for anything of much valus-or the ticket Such investment as this are regarded vendor would take it up himself." In as risky, for there is no way to keep the spite of this

in second-hand 7 there is a brisk trade burrower or the organizer' from running

pawn tickets, evidenced off with the capital. No security given. by the fact that nearly every street has a Since there is no banking system in China Qumber of men with these red and white which provides for the making of loans at pawn tickets for sale.

a reasonable rate, this plakang been work The pay fear bas been a prosperoused out because of force of circumstances one for the pawnshop.Business is better It is a life saver to many people who are than usual because of the large number forced to find money quickly to bury of gambling houses which are flourishing relatives or provide funds for a marriage. in the city. The gambler gets reduced in The plan also contains enough of the game fionaces and pawns his valuables in order of chance to make it attractive to the to get new capital to retrieve his losses average Chinete who loves gambling more

(Continued at foog of next column.):

then most mes.

THORNYCROFT

Joar I Taoastesort & Co., LIMITED,

-SHIPBUILDERS AND ENGINESS

LONDON, SOUTHAMPTON AND BASINGSTOKE.

Shanghai Office: 65, Szechnen Koad.

119

----

Marine Motors and Motor Boats. Motor Lighting and Pumping Sets, Shallde Draft Steamers,

.

Thornycroft Water-Tube Boilers. Thornycroft "Oil Fuel System.

Commercial, High-speed and Pleasure Craft.

R. R. ROXBURGH.

Manager for Chins....

THE FUJI PAPER MFG. CO., LTD.:

ΤΟΚΙΟ

(The Largest Paper Mill in the Orient).

Promptitude in Execution of Order"

PAPER

Quickest Delivery from Large Stock

SOLE AGENTS:^,

όπ

hand.

THE FUJI TRADING CO., LTD.

(Inc. in Japan) HONGKONG.

1933

CHOCOLATES

CONSIGNMENT

JUST TO HAND

INCLUDING;

NESTLE'S

MILK CHOCOLATE-NUT MILK CHOCOLATE

PETER'S

MILK CHOCOLATE BARS with Toasted Almonds) MILK CHOCOLATE

CAILLER'S

PLAIN (Vanilla Flavour) CHOCOLATE

lb. pckte.

ROYALTY BONBONS 1. boxes.

2

MONT BLANC lb. boxes. SPECIALLY SELECTED

CHOCOLATE BONBONS

in oval tins of 6 oz., 1⁄2 lb., 12 oz. & I lb.

"OBTAINABLE AT

LANE CRAWFORD & CO., WISEMAN'S CAFE and other Stores.

MILLER

In

ENGINES

tock 4. 6. 10 & 20 H.P. Marine Motors.

Manufacturers B

· Representatives ::

UNION ENGINEERING CO.

York Building.

Chater Road