THE HONGKONG DAILY PRESS, MONDAY, OCTOBER 25D. 1942.
W.S. BAILEY & CO. LTD.
SHIPBUILDERS, MARINE AND
LAND ENGINEERS.
Motor Craft, Lighters, Barges, River Steamers, Tugs, oil or steam driven.
TELEPHONES-Works K. 21; Manager K. 683.
SOUTH
STEAM LAUNCH FOR SALE.
MANCHURIA
TRADE FINANCE IN CHINA,
GERMAN FACILITIES: BRITISH- FIRMS PLIGHT.
The Chairman of the Engineers of China Ltd, has addressed to The Finan- esal News," the following communica tion:-
էլ
The present trade depression, in the Far East is caused not so much by nay cessation on orders, as from the fact that most, if not all, of the financial bridges that used to carry our trade betwen the factories and the consumers are down and out of commission, and while we, victor of the war, have apparently no remedy for this state of affairs, the Germans, ever
quick on the mental uptake, have resumed their credit methods, and rebuilt their bridges to the very grave detriment of our export trade Much is said in the Press at home of the dearness of our pro- ducts, of the responsibility of our labour ing communities, and of car high taxa. tion to account for the present anemploy ment and stagnation of trade, but verr little indeed is heard of the necessity that exists for us to invent, or contrive, some method of arranging credit and foaner to enable us to equal our competitors.
For many years we, as a nation, have depended almost entirely upon our mer
RAILWAY chant communities abroad, and, to some
OPERATING ALL LINES IN SOUTH MANCHURIA AND CHOSEN (KOREA) EARt 07 Mukdes.
SUMMER HOLIDAY
RESORTS
N
IN
נן
extent, as in the Far East, to foreign mer. chant communities to sell our goods for us, and but very few institutions exist which have the power to afford our manu- facturing community the same financing
INTIMATIONS
PARTICULARS
of
VALUABLE; LEASEHOLD PROPERTY
Situate No. 13. WING HING STREET. VICTORIA, HONGKONG, To be Sold by Order of the Mortgage
By PUBLIC AUCTION,
The
IN ONE LOT On MONDAY,
RD DAY of OCT, 1992, at 3 o'clock 1.3.
Br
INDO-CHINA
11
7
STEAM NAVIGATION COMPANY, LIMITED.
KOBE
TSINGTAU via SWATÓW”
SHANGHAI
STRAITS & CALCUTTA ANTUNG is SHANGHAI SANDAKAN
EAIPHONG TA HOIDOW MANILA
“YUENGSANG" ...Friday,
SAILINGS, BOBJECT TO ALTERATION
"LAISANG" ...Monday, and Oct.,
"
" HANGSANG?
„Tuoeday,"
Srl Oct.,
Nose.
"KUTANG"
Tuesday,
3rd Oct.
"LOKSANG" ...Thursday
5th Out
"MAUSANG "
Thursday,
Jsh Oct
LEESANG Friday,
8th Oct.,
8
uth Uct,
3 p.
"KWONCSANG "...Sunday,
-8th Oct
... "CHOLDAR"
Taceday, Tooday.
10th Celj
Nooz
10th Oct.,
Nona,
*MINGSANG"
"TINGSANG" Wednesday, 11th Oct
Noon.
"CHEONGSHING" Friday,
13th Oct,
"HOSANG
"KWAISANG -Sunday,
DEL 10%
TSINGTAU via SWATOW
SHANGHAI
KOBE via YOKOHAMA BANGKOK SWATOW HAIPHONG ra HỎIFOT TSINGTAU ria SWATOW
& SHANGHAI TIENTSIN KUBE
BANGKOK VL SWATOT CALCUTTA LINE
Metura. HAMMERT BROTHERS“ At The Orica, DODDELL STREET. THE Property consists of First, ALL
THAT piece or parcel of ground sitna to At Victoria in the Colony of Hongkong and of INLAND LOT No. 2166 together with registered in the Land Office as SECTION the messages erections or buildings therron as known as No. 18, Wing Hing S Street and Scoondly ALL THAT strip of land at the rear of the said Section A of Inland Lot No 3166 being a scavenging lane. All of which are bald for the resides of the term of 15 years from the 15th day of May, 1916, created by the SHANGHAI LM-S
the Crown Lease thereof together with valuable machinery now situato in or upon the
aid premises and at No. 1 Gordon Street.
Particulars and Conditions of sale may be MANILA
obtained from
-1397]
Messrs. HASTINGS & HASTINGS, Solicitors
S. Des Vaur Basă Central,
and Messrs. LAMMERT BROTHERS,'
Auctioneers.
J. B. LAL, TILE ABLE INDIAN PHYSICIAN,
FROM SINGAPORE,
is now ready to receive anyone who wishes to consult him on the following disenses, viz., Cold, Catarrh, Headache, Hemicranio, Earpain, Gildiness, Toothache, Running of the Nose, Neuralgia, etc, etc, and
SOUTH MANCHURIA AND CHOSEN, terms for everyday foreign business as German, Belgium and other continental manufacturers possess. In so far as Asia is concerned, there are very few British merchant houses doing" import business whose losses during the past three years have not put them into the hands of the banks, and in Shanghai and Hongkong not to speak of the smaller ports, there is to-day almost a complete lack of means to finance even the most remunerative con- the mast creditable tracts from even buyers, for the ordinary muck and truck trade, as it is locally known, which trade has always in the past been the bad
I can cure all Kinds of Eye disenses as well and butter of our manufacturing" us other sicknesses and guarmates to care munity.
radically.
HOSHIGAURA.-Finest Seaside Summer Holiday Resort in North China. Five miles from Dairan, but connected with the city by special motor and carriage road and electriz tramway. Yamato Hotel (35 rooms) and is furnished bungalows in charming cliff garden Bathing
Boating, Fishing, Golf, Tennis, Billiards, Orchestra twice a" week. "Capital place for children. OGONDAI-Most beautiful and select Seaside Resort in the Far East. Two miles from Port Arthur. Formerly the Summer Resort of the high Russian officers and oficials: Yamato Hotel and 20 villas and bungalows, mostly with detached servants quarters, Excellent Bathing, Wonderful Scenery, Historic Battlefelds, Ruined and Dismantled Forts Miles fo oharming Walks and Drives. Abundant Picnicing Facilities. Orchestra twice a week Bost plsos for high-class families. PORT ARTHUR.-Famous for its two memorable Sieges and its beautiful landlooked Harbour. Exactly one hour's journey Dairen by express train. Yamato Hotel (16 rooms), Suficient place of historical and scenic interest to fill a month with a fresh walk or drive every day. Most healthy and salubrious spot in the Far East. KONGOSAN-The famous Diamond Mountain of Korea. A special Summer Resort rivalling Switzerland for cimato and scenery. Beautiful peaks and charming cascades. Grand recuperative qualitise Kongosan Hotel (10 rooms) at Onsiri and Chonji Hotel. (11 rooms) at Chori.
11
All under the direct management of the SOUTH MANCHURIA RAILWAY CO. .
Himstraded Booklets and all Information port free on request.
Applications may be sent to the Hotel Managers as the vazione resorts or so
THE SUPERINTENDENT OF HOTELA, Trafic Department, Cable: Add. Manboten...
BOUTH MASOHURIA RAILWAY. Dairen. Codes: A.B.Q. sth Ed., Ai & Kleber
NESTLE'S PURE THICK CREAM
IS
REAL CREAM.
Delicious
with
Stewed. Bottled.
པར ་
Tinned Fruits.
Used for
Ioes, Meringues,
and
All Made Creams.
PACKED IN THREE SIZES..
I ozs. 35 cents per tin,
64
.11
45
11
80
SOLD BY ALL STORES
in
HONGKONG, CANTON & COAST PORTS.
153
"Once a user of" our Paints, always a user of our Paints," in the rule rather than the exception. Our knowledge and experience of the local condi tions enable us to offer the very best Ready Mixed Paints for all general purposes
Paints
Mixed Ready for Use.
ENGLISH MADE.
French Crus Laotian Graz
Packed in 7-th. time with handia, and 1-cut. Druga Stocked in Hongkong.
Signal Red
Fan Croqu Black
Light Deak 12"
Carine Rad
Light Azure Bias
Dark Korál Kin
Pale Purple Bea Licht Siena Cabar
Alen Asmindons. F'aint in ́1 -golant, Thus,
T
Send for Tint Card and Prices to-
Sinisone Color Svory White Load Color...
Wilkinson, Heywood & Clark, Limited,
. Queerprested in the United Kingdom) ALEXANDRA BUILDINGS, HONGKONG.
BUYERS TURNED AWAY.
Helice to-day finds ng in the Far East with many inquiries for our goods, with buy ri quite anxious to buy, but nowhere tan we obtain financing terms equal to those which the Germans are obtaining, and certainly nowhere can we obtain those credit terms which the German bouges are once more, us in pre-war days," offering as an inducement to their buyers to re- sume their pre-war business, Speaking! generally, our merchant communities stilī have considerable stocks of goods bought at the peak prices of 1920, on which they are paying lank interest, and which they sem most loath to part with, and antil these goods are exhausted and overdrafts cleared the banks are apparently deter niced that the new muinasashall be done. To the continental mind a bank is a eredit institution, but our banks are not conducted in this sense at all, and it is obviously not the duty of a bank to risk its subscribers' and depositors' funds in mercantile adventures. On the other hand, there surely ought to be some means of our creating in East Asia some-finan cial institution which would give the British manufacturer some means of fin- ancing his shipments from the factory to the buyer to equal the continental institu tion. The Chinese and Japanese buyers,
GUARANTEES TO CURE the above diseases in leathan TWO MINUTES.
$1,000 REWARD.
A Beward of $1,000 (one thorisand) will be paid to say person who is able to cure the bovementioned diseases within minates, providing he does not make use of my medicine.
The medicine is my own preparation.
Consulting charge Visiting Fea
"
JJ
NAMSANG* ·
Noor.
Wednesday, 11th Oct., 8.
...Sunday, 15th Oct
18th Oct
This Line afforda regular sallings Calcutta, Pening and Singapore ; returning from Caloutta steamers proceed vis Eiratis and Hongkong to Japan, occasionally calling si Shanghai. All steamers have excellent passenger accommodation, Btted with Electric Lizki and Fans and carry a fully-qualifica
approximately every three days between Carton and Shanghai, sometimes calling at Sarow. Through tickem ene be obtained and through Bill of Lading are larged Northers and Tangtane Porta via Shanghal 14 LINE-A weekly service is maintained with Mantis by verroir with reed passenger on, sailings from both parts overy Friday * |HAIPHONÚ LINK:---Ballzgr
weekly for passenpors and, caree galling at Both when freddarement offers BORNEO LINE – Fortnightly sailings to and from Sandakan hy two 5,000 SER FUCKmars 18: “ HINHAND " μnd »*. * MAUSANG" both returers having excellent passenger accommodation Cargo Mira et through Kill of Lading for Endst Jesselun. I Bran Taman and Lahad Datu
rom Margh so November between LINE-A regular service is ran
Hongkong and Tieptein, calling at Welhalwai and Chastoo LINE.—A ❤ankly service is provided beta Bongbong and Rangzak: Swatow, by five steamers fitted with up-to-dam pasɛɛngme
TIENTSIN BÁNGLOT
BOOGALOODSEMBL
CALCUTTA
10
LINE
will be despatched an or about
.! ?
1.5. 'KUTSANG" Tuesday, 3rd Oct, at 3. p.m., far SINGAPORE, PENANG & CALCUTTA,
Through Bills of Lading issued to RANGOON, MADRAS, PORT SWETTENHAM and DUTCH BAST INDIES. “
For Freight or Parags apply te
Jardine, Matheson & Co., Ltd.
$3.00 5.00
Consulting hours
to
9 Ax. to'12 Noos.
GENERAL MANAGERS
TILEPHON CESTEAL NO. $15.
SHIRE
J. B. LAL.
Go KING EDWARD HOTEL,
Roox Na 13.
(1385
When in doubt about your eyes
or your glasses
"Consult
CHINESE OPTICAL CO.
Eye-sight Specialists. ・
as a general rule, want to see the goods 67, QUEEN'S ROAD, CENTRAL,
they buy before they will pay for them. la fact, owing to German, pro-war prac tice they want to sell them before they pay for them, and, on the other hand, the British "manufacturer generally requires to get his money cash against bills of Jading when the goods are shipped. Be Fore the war our goods were, as a general rule, as cheap as those of our competitors, and hence we were not handicapped to the extent we are now, when our goods are dear and we have few means of equal- ling the terms of our competitors, and moreover the mercantile community had not at that time, found other avenues of supply, such as they had to do during the war, certain of which avenues and sources of supply are being retained at this time, which fact does not help to wider our markets. Little business is done by im- porting houses that does not yield at least 7 per cent in China and Japan to the importer, and very few commission houseD will undertake business at less than theso figures.
FINANCE TRUST WANTED.
Hence it will be seen that there is mar.
.1997
Hongkong.
IVETARZO
zvlat bostia ether (renady B. Tantug) shenitegur Telario Zanedio On. ")Garge)
DR. LECLERG'S LYN 400 EMER
KETAGGARA PUN MELLAN of them EXPORTARY CIMAIS, GRAVÍN, BAokama, GOUT, Kasorayiss, Pasca lù, loodag taomni er 2000 Tess Da. La
is heard at home, too, of the gravity of the financial situation in Germany, but, however, grave that situation may be, it has not and does not prevent the German manufacturing bouses from offering condit terms to buyers that no British house could even afford to confider:
•
WHAT GERMANS "OFFER.
In the Far Eastern Republic-that East- ern offatioos of Soviet Russia-Dr. Ashini, whose name and merits and well known to British residents in China, has during gin and to spare for a soundly conducted the past month been offering the Govern finance trust dealing mainly in the very ment at Chits German aid in the develop day lines of British products, and parti- ment of the Trans-Baikal and Amur pro eularly metals, engineering products, and vinces, on terms by which the German hardware. Such a Trust would ared Government undertake to send engineers banking facilities and connections with
to inspect any projecs of an industrial the banks doing businew in the main pro. ducing centres of the Midlands and in- Government, and if these experts consider or engineering nature suggested by the dustrial regions of the United Kingdom the project or projects feasible and of and to be in close touch with the greater profitable nature, the German manufac joint-stock banking institutions at home. turers' associations will furnish the essen It would need to have offices in such tial plant and materials necessary for the pointa na Yokohama, Canton or Hong development proposed on terms of thres kong, Shanghai, Tientsin, Harbin, Hat and or five years credits To-day German kow, Saigon, and Singapore, in which mer goods are being sold throughout Siberia of good financial knowledge with arcsi- lent pradore or similar stats were goods can be observed in the country. In on credit terms, and hardly any, British established in touch with all the man-Shanghai the importe of German metals facturers, agents, and dealers, and it would be in such a position sa to enable and allied goods for the first three months it through ita pors offices to satisfy itself of the same goods for the first three.
of this year equalled in value the imports as to the integrity of buyers and sollers, months of 1918, and wherever we look wa and its whole duty would be to finance find that, however, hard and difficult the British products from the factories to the Susacial position of Germany in Europe buyers on terms which would equal thể foreign competition. At the present time may be, yet it seems to be infaitely better in & mercantile, sings than, the credit of there is no British banking institution in British producis abroad. Before the war Asia which has say, great connection with the German merchant houses sold as much, British manufacturing centres and the if not more, of the metal produse of need for one is vital; indeed, the water Great Britain me the British merchant will go to far as to say that unless houses, but to-day, with their favouring can in the very near futuro establish rich exchanges, this is no longer to be expected, bank in China wa are in very grave and unless we can speedily get to work danger of losing the most of our engir end-remedy the situation oun-portion-is ing and allied trade market here. Much likely to be worne after than it was before
(Continued at fupi of next entum
the war.
GLEN AND
Joint Service at Steamers,
U.K.-STRAITS, CHINA & JAPAN SERVICE
Vormel
“GLENATY"
"CARNARVONSHIRE'
*GLENGARRY!
"GTAPR*
"GLENIFFER?
Vessel
.* GLENARIFFE”
"GLENOGLE'
OUTWARDS.
HOMEWARDS,
Leave Bungkong 18th Oct,
... 23rd Oct
Das Hongkong
5th October.
Btb October.
19th October,
2nd November.
18th November.
Discharges
LONDON, ANTWere di Hamruns, LONDON, ANTWERP, BOTTERDAM & Hansum,
Kevements are subject to change without notion.
Fos traight or further particulars piesar apply to 1-
Jardine, Matheson & Co., Ltd. The Glen Line Ltd,
Telephone Central No. 116 sub-an. Miland;Central 8888.
YAMASHITA KISEN KAISHA
"[THEʼYAMASHITA S
Co, Lta.),
REGULAB FREIGHT & PASSENGER SERVIOR
KEELING, HONGKONG L HAIPHONG. Sailing from Hongkong.
||FOR HAIPHONG via Pakko!
KA "TAIKWA MARU””
FOR KEHLUNG via Swatowï& Amoy
* For further purišeniary, mianne wypły te-
Mrinal Offens
K9327 Benham Stenod, 77må
Tel, Ceziza Be, 155.
en er about 2nd Oct.
8. MITARAI
Top Flour, King') Baking
Tal. Central No. 140.
WITHOUT PURE BLOOD HEALTH IS IMPOSSIBLE.
BLOOD MEDICINE
VETARZOR
Wever before was there anything The it, mor, noe fia szatvežioga propertica likely ever to be, aqualled in disenses arising from Jupere Blood. It searches out and espĝis įrom the vila)
every trace of poisonous
Stringi.blood and skin wanaoward glandular welhagy, and begu hamton, Moda, Cures, gout, shermeda gestre on Derbyshire Neck, anu. Es improves the general healtà and quickly rensover yung-standing bermelitia, shchase and bakingputraining, spasmodic-cough, foo oftem
ponaturtley, the premuratr af commmption.
DOG LIFE, WITHOUT: HEALTH - 18÷LIVING DEATH.
VETARZO
Y: BRAIN AND NERVE - FOOD. : „Par Harvois Betakdown & Chenale_Wankness.
MEZARZA: BRIEDEA CO. Gorpet Onl
MAW? 5. Landon, Ange". Tutvubers, may try to sell you something coc
"extra" prakt—do not accept it, insist on kaYME VETARZOŠTENE Seine kan manda VITALZO. JEICKIERE". Oil Government Besitz, Seld by KHASING CHEKMENY
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