1922-10-18 — Page 7

High food value..

Due regard to food values. is essential to health and consequent contentment.

A delicious custard made with good, sweet milk and the delicately flavoured

Brown & Polson's Custard Powder

is agreeable and nourishing. It adequately replaces cream as an accompaniment to stewed or finned fruits.

Made in Scotland, of the best ingredients only, by Brown & Polson, Ltd, the firm with over 65 years' reputation for excellence. Packed in tins, each containing 1-lb. net

As reliable as Brown & Polson's Corn Flour.

Brown & Pol

CUSTARD POWDER

WAYGOOD-OHS LIFTS

For particulars and quotations apply to

THE HONGKONG DAILY PRESS, WEDNESDAY, OCTOBER 16r¤, 1992.

The Sule Agents-DODWELL & CO., LTD

TELEPHONE C. 1030.

MACHINERY DEPARTMENT.

[3

THOS. COOK & SON.

RAILWAY

FREIGHT

STEAMSHIP

AGENTS

INSURANCE

BANKERS.

Ticket issued, Letters of Credit & Circular Notes Lased and Cashed,

"FAR EASTERN TRAVELLERS GAZETTE

free on application.

INDO-CHINA

STEAM NAVIGATION COMPANY, LIMITED.

SAILINGS, SUBJECT TO ALTERATION NEWCHWANG via SWATOW,

SHANGHAI & ANTUNG

...Thursday ...Thursday,

19th Oct,

Noos 19th Oct 6pm

KOBE

HAIPHONG HOINOW

PAKHOI...

SANADKAN amongst the working classes, bat also amongst the large middle class, who, above" MANILA all, have been terribly and undeservedly

TIENTSIN hit by the war. It is in this extensive class of the community that the most bitter wins and suffering exist. To a stranger this is not parceptible, as it is to a great extent hidden through a pride with which ous can but sympathise.

The superficial observer from abroad sees this extentation

on the part of the "new rich" in the restaurants, places of unuse meat, and in the streets. He sees the womankind of, these people flaunting them. selves in silks and furs and jewellery, and then

TSINGTAU vs SWATOW

& SHANGHAI BANGKOK vs SWATOW” STRATIS & CALCUTTA TSINGTAU a SWATOW

CHANGHAI HAIPHONG vi HOIHO BANGKOK vs SWATOW STRAITS & CALCUTTA KOBE

100

CALUUTTA LINE

GERMANY OF TO-DAY. lot has materially improved, and business proprietors may be said to be holding their THE TRADING POSITION.

own, but the clerical classes; particularly the women, are miserably underpaid. [HY LICUT.COLONEL DICKER]

Fortunes--in paper marks-have been made Generally speaking. German wholesale by speculation, both in commodities and trade can be taken to be in a favourable on the stock and share markets. These **Dew-rich' take pride in their ostan- has particularly in- position. Business

Their tatious expenditure on luxuries. creased in textiles. But if one examines behaviour engenders bitterness and disgust more closely one finds eren bere the in mang sections of the inhabitants damaging influence of the buying up" of German goods, which made this farcurable situation more apparent than real, since the huge profits made in paper marks become exceedingly small when reduced to gold-mark value. To give only one example. It is undoubtedly true that for the last two years the wholesale trate in iron-ore

with reacted closely the fluctuatiotis of the shari market. Whereas in the year 1920 the import of this ore train outside was active, in the fellow ing two years a great falling off is shown Even the considerable fall in prices in for ein export countries and the lowering of shipping freights led to nothprovement. The price for German iron ore in the year 1941 alone, owing to the fepeatedly increas ed cast of inland trunkpors, rose to more than two and a half times that of 1920 At the present time this price has been còns siderable exceeded. Nearly every "murth brings an increase of the railway tariff rates, which entails a corresponding increase in The price of wholesale goods. The demanda

COMPRISOẾT LODGERS. for iron is continuously strong, and the

Another great difficulty is the dearth of export trade of the Gerinan smelting works for the time being far surpasses that of any dwelling accommodation, which is intensified other period since the conclusion of peace. by the hundreds of thousands of refugees One word may be sail as to the wholemle from what was formerly a part of East trade in cloth and dress material, » Alsace, Germany. In such a town as Breslau in TIENTSIN which for many years past produced, as it Jane over 30,000 names were listed by the still does, excellent cottons and muslins of town authorities as seeking dwellings of BANGKOK good tuit at very lucrative prices, and from one to two or more rooms. Compulsory produces also very cheap, pure wool cheviots, letting of rooms in private bonses beyond which are there speciality, has compelled the estimated and regulatel requirements German manufacturers of similar stuffs to of the occupiers has for a long time. reduce their prices materially, a fact which past been in existence. Houses, both rerived this particular trade in Germany internally and externally, are everywhere in a very important measure, though at in bad order and repair owing to the arach reduced immediate profits...

inability of the uwzers to pay for repairs. They are now receiving a communal grant for external work,

MARKET FLUCTUATIONS.

writes home that Germany is enormously wealthy and could pay herdiekta ten times örer if she would. But, as one swallow does not make a summer, neither SHANGHAI do a few vnlgar rich make a whole nation well-to-do. En these days many work- people in town and country scrape at a are existence with the material help of wife

ebillren.

་་་

The building trade itself for a year fuat

being everywhere taken in hand, and had not both material and workmen often b lacking it would have made still further steps. The compulsory letting of rooms at

The retail trade has been suffering forsome time past under the constant fluctuations of the market. The difficult internationala steadily improved, and construction is trading conditions had their "effect on Ger- man exports. For a considerable time the avilable stock in almost all retail Eonses was sold at closely eut prices, and some goods eren at a loss, in order, on the one hand, very low rent, fixed by the municipal to tempt the public so that these bust authorities, has to some extent relieved the. nesses could buy new goods, perhaps not strain of building to time, with a con- of the same quality or angle, but at lower sequent improvement in the quality of prices, as occasion "presented itself, and the work done. A recent innovation in thus keep open and make a show of activity the building trade in some localities tillimprovement setin. By these sales of such is the bacding together. of the zetual hand-workers--bricklayers, plasterers, car foodstuffs as lard, margarine, herrings, and penters, glaziers, &c.-into a union which rice, and also of textile goods, no little takes over the entire erection of the build- loss was incurred. Only in isolated cases, ing. It remains to be seen how this will where reduction of wholesale prices

work... occurred, were auch businesses able to hold their own and revive. Perhaps it was up wards of a year before, in certain branches, this lowering of prices occured

The metal-working businesses naturally suffer under the outinually increasing price of iron. The agriculturists, especially the smaller holders, who are the principal clients of these concerns, and who are, like most people connected with the land, most conservative, at first preferred to patch up their old machines rather than pay the prices demanded by the manufacturers for new ones. But as they, generally speaking, have done well, they are rapidly coming into line, and the agricultural machine manufacturers are now flourishing. Wear-

pparel businesses are satisfactory, and in some cases doing very well.

FACTORY-MADE BOOTS.

In the clothing and drapery trades, hoping for a lowering of prices, the retail houses bad delayed placing their orders for new stock, and they had to proceed to cover their requirements for the autumn and winter seasons under the atraia of severe competition for such goods us the Increased wholesalers chose to offer. demands, through last July's full of whole de prices, favoured an upward tendency in retail prices, and, as these advanced heavily all round, trade in all branches in- creased, helped by rumours of further issues of paper, money. This caused the The retail shoemaker, particularly the general public to rush in to buy articles man who usually makes to measure, com- of necessity far beyond their immediate re plains of the increased activity of the & YOKOHAMAquirements. Through this the turnover in wholesalers, who are now turning out boots retail businesses in the last quarter of 1921 and shoes for both sexes in more varying reached a height such as it had never pre-styles and fittings than before the war. viously done since the war. But, as just in Their attractive appearance appeals to the. dicated, it arose from quite abnormal general purchaser, and the made-to-measure trade is falling off. This, perhaps, is a small matter, as such a retailer has his obvious alternative. The leather used by the manufacturers is generally not so good as pre-war leather, with, however, the the toot compensation that it gives repairers far more work.

150 OFFICES THROUGHOUT THE WORLD 150

Far Eastern Ocea

HONGKONG, SHANGHAI, TIENTSIN, PEKING

Chief Offion-LUDGATE OIBOUS. LONDON EC. Local Address: Hongkong Hotel Building, Telegraphic address: "COUPON."

2

TRAVITION

HONGKONG:

Telephone Ne. 524-5

HORLICK'S

MALTED MILK

FEED YOUR BODY

by "drinking HORLICK'S MALTED MILK, the finest Food- Drink for all Ages. By its easy assimilation it promotes a steady acceleration of nutritive nerveforce. and brain power. Thus it is that those who take HORLICK'S art marked by their cheerfulness and. quick-trasping focsities, which enable them to overcome the strain of every day life. Made instantly by the addition of hot or cold wpter, Of all Chemists and Stores

HORLICKS MALTED MILK CO SLOUGH, BUCKS, ENG.

WALLACE FARLEY, 1. THE BUD, BHANGHAL.

VISITORS TO CANTON Should Purchase

BY THE PEÄRL RIVER,

CAPTAIN C. V. LLOYD " With Illustrations, Maps and Flags

PRICK

N

On Enle at Hongkong: "DAILY FRIES" Office.

Castors

Meinra, KuzzY & WALSH, LTD. Mesare. Haswan & Co. MERITE. A. 8, WATION & Co.

When in doubt about your eyes

or your glasses Consult

CHINESE OPTICAL CO.

Eye-sight Specialists.

Cu uses.

BUSINESS IN THE DARE.

This sudden rise bad as an accompanying factor the increase of expenses and salaries. The public considered the retail houses alone answerable for the prices, and there arose a demand that the law of usury abould be made more severe. This became so Ali lithographic, picture engraving, and persistent that the shops began to reduce similar concerus, whose output has always prices temporarily. By the beginning of enjoyed a great sale amongst the general December the extraordinary purchasing in German public, are doing far from well, all branches, but particularly in tailoring and owing to the shortage and high price of the hesiery concerns, fell away. Soon after the class of paper required for their work. The beginning of this year there was a great present outlook for these people is serious relapse all round on the part of buyers, and For their really good-class work they found there is no doubt that those of the public who their principal pre-war customers amonget could afford to buy lad done so far beyond the artistic and then well-to-do middle their immediate needs. A stable, well- classes. The latter now have the greatest regulated business, with more or less settled difficulty in keeping body and soul toge calculations of possible loss and profit, as in ther, and picture-buying for them is a pre-war times, is now almost out of the dream of the golden past. Generally speak- question. Every business transaction is to ing, the new rich are as inartistically- a large extent a speculation. In addition, minded as they are vulgar, so they do not the continually altering laws and regula step into the breach.

Complaints are rife amongst the public do tions, duties, transport charges, and postal rates; all in an ordinary way more or less the now inferior workmanship of most ascertainable expenses, together with coa-handmade articles. This is caused by the tinually increasing instead of fixed rent, eight hours working day and also by the rates, salaries, and wages, make forward cal- fact that the public will not pay high prices. culations utterly impossible. A further Hence durability of workmanship is all too handicap for retailers is the absence of fixed often sacrificed to appearance.. prices for future delivery. The wholesalers Although during recent years many arey for the reasons shown, quite unable to ominous cloutis hare, appeared to arrange these, and are compelled to make hovering over the German business and very strenuous conditions as to delivery economical world, they now seem to be and the credit, if any, they can give.. gradually passing away. Yet there are Exports and imports are affected in factors which may cause the storm to break exactly the same way as business in with violent and far-reaching concussion. general, by the variations of the exchange. The Government itself is helpless in the When the mark stands fairly well the matter, Disaster can be avoided by the import figures are favourable. With a fall realisation of the danger and a general in the mark the exports increase, but banding together to see the welfare of the this is, naturally, by no means a heatbly community rather than selfish "personal sign,

interest.Daily Telegraph

SOCIAL CONDITIONS.

Perhaps a few words may be said bere as to the general condition of certain classes of the people themselves. While, on the whole, most trades are slowly progressing, 67, QUEEN'S ROAD CENTRAL, it must be "remembered that profits at gold-mark valve are in the best of cases very limited. On the whole the workman's

(Hongkong.

9

De

An agreement between the United States and Germany has been signed in Berlin for the determination of American claime against Germany.

It provides for a Mixed Claims Commission consisting of one American and one German and an umpire to be named by America,

MANILA

- HAIPHONG

BORNEO

*TAKSANG" "HOSANG"

"LEESANG ...Friday. "HINSANG " ...Friday, 'YUENSANG"...hiday

"CHIPSHING **...Saturday,

*YATSHING" Tuesday, ...OHAKSANG"...Tuesday, Tuesday,

..Thursday.

**LAIANG"

"BANGSANG "MINGSANG

"DRUFAR

*

HOSANG"

... "KUTSANG "

This Line affords regular

20th Oct., 10 LS- 30th vet.

80th Oct

Noon.

S pam.

Rist Oct. 4 p.

24th Out, 10am

4th Oct.

24h.Oct. 10

2

3 p.m

Sunday, Tuesday,

99th Oct 10 am

31st Oct 10 a.m...

...Thursday,

9th Nov. 3 pan.

26th Oct 10

...Thursday, 16th Nov., Noon

flings Usioate, Penang and

Singapore; returning from Calcatta steamem proceed via Straits and Hongrong to Japan, ocomafonals calling at Shangha All steamers bare accellent penger

A

ta

accommodation, Aro itted with Electric Light and Fans and carew a fully-qualified Sargeon LINK-Salinga approximately every three days between Canton and Shanghai, sometimes calling at Swao. Through Hore can

issuod be obtained and through Bill of Lading ATO Northern and Fangtze Forte via Shanghai LINEA ▼eekly service is maintained with Manils by vernals with good

Gengar accommodation, sailings from both, porte every Friday

for passengers and cargo LINE: Sailings approximately weekly

calling at Hoihow when inducement offers. LINE-Fortnightly sailings to and from Sandakan by we 5,000 ton

atommoms 8.8, “HINSANG" and + 1, ***MAUSANO" both steamers having excellent passenger accommodatida. Cargo "taken of through Ellis of Lading for Kadat Fesaditon, Lubuan Tawo and Lahad Datu

LINEA regular service is ran from March to November between

Hongkong and Tientsin, calling at Weihalwal and Chefor.

a Swalow, by ive stemmere fried with up-to-date passenger LINEA Yeekly service is provided betwsex Hongkong. and Bangkok,

accommodation.

CALOUTTA

LINE

* ́ ́ ""LAISANG" will be despatched on or about Tuesday, 24th Oct., at 3 p.m.. for SINGAPORE, PENANG & CALCUTĂ.

Through Bills of Lading ismed to RANGOON, MADRAS, PORT. Swettenham and DUTCH EAST INDIES.

Fr Traight or Passage apply to-

Jardine, Matheson & Co., Ltd.,

TELEPHOST: CENTRAL No. 316.

GLEN

"GENERAL MANAGERS,

AND

SHIRE

Join Service el Steamers.

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

Vessel, "GLENGARRY" "GLENIFFER "

Vessel "GLENUGLE" "GLENAPP" "GLENGARRY"

OUTWARDE.

HOMEWARDS,

Louven Hongkong

195

Dae Hongkong.

20th October.

18th November.

Discharge

23rd i LSDON, ANTWER?, Boriærdam & Haxsus, 5th Nov,NDON, ANTWERP, BOSTREDAM & HAMBURG. .... 27th Nov, Gasok, London, Antwerp, ROTTERDAM & Hamburg,

Movement are subject to change without notice.

For freight or further particular please apply to

Jardine, Matheson & Co., Ltd.,

The Glen Line. Ltd., agents.

Telephone: Central No. 215]sab-ex. 23 and Central, 3698.

[18

KISEN KAISHA

YAMASHITA

ITASS. COLN

REGULAR FREIGHT PASSENGER SERVIOR

HOWAW MORE!

KEELING HONGKONG 2 HAIPHONG.

Sailing frem Hengkang. FOR KAIPHONG via Holkow & Pakhol

́FOR "KEBLUNG via Svätow à Amoj

For further bacelieminen, minnam sbply to--

Branch Office Hu, Benham Binand, Wwi Tal Centra H 15.

TERAPION THERAPION NG THERAPION NO

ERIN POSIPIDU TAL SINU PINriche "incipalNES –

BIMITARAL

Top Flat, King's Building

Tal. Contani No. 142,

ON SALE.

SOUND VOLUMES of the HONGKONS

BTREELY PRESS, January to June

1922

With Inn, Price $7.50.

On le as the lawkowa Budy" Krem