1922-12-28 — Page 4

NEW: ADVERTISEMENTS

BANK HOLIDAYS.

LI

acordance with Ordinance No. 5 of 1913, the EXCHANGE BANKS will be CLOSED for the transaction of PUBLIC BUSINESS on MONDAY, the 1st January, 1944.

Hongkong, 9th December, 1873,

NOTICE.

[1891

"

E have THIS DAY authorized Mr. T.

WUDA to sign the Firm.

E. KIMURA & CO. Hongkong, 5th December, 1921.

NOTICE.

[1088

ELLY & WALSH, LTD., beg to inform

Kheir Customers that alc. T. C. LangeM 13 no longer connected with their Company, he having resigned his position & Printing. Department Manager as from 31st December. 1993.

This opportunity is taken to inform the Public "that our Representative, Mr. W. J. MOCKETT, will be pleased to call for Printing Orders of any description, our Printing Depart mant now being replete with Machinery and Equipment of the latest pattern.

AILY FRESS," THURSDAY, DECEMBER 181A, 1929.

INTIMATIONS

THE HONGKONG

<INTIMATIONS

BOYAL

THRATRE

D. C. OHRISTMAS PRODUCTION, OF SHAKESPEARE'S

"THE TEMPEST"

THURSDAY, Dec. 18th, 9.15 PM. SATURDAY, Doc 50th, 9.15 p.. MONDAY, Jan. ist (New Year's Day), 8.15 F. TUESDAY, Jan. 2nd, 9.15 PM.

WEDNESDAY, Jan. 3rd (Matinee), 5.15 p..

Booking now at Mourniza Prices as Usual

[1693

DAIRY FARM NEWS.

ICE CREAM.

E bereby beg to remind our numerous

WE

NOTICE

UNION INSURANCE SOCIETY OF CANTON, LTD.

THE Registered Office of the abova Company bas THIS DAY been REMOVED from Nos. 3 and Gusen's Buikling to "UNION BUILDING FADDER STREET, Hongkong.

C. MONTAGUE EDE

General Manager.

87th December, 1922.

NOTICE

BRITISH TRADERS INSURANCE CO. LTD.

EE Registered Office of the above Company. Nos. 3 and 4, Queen's Building to "UNION BUILDING, FIDDEL STREET, Hongkong,

C. MONTAGUE EDE

Cloneral Manager.

27th December, 1992.

NOTICE...

THE CHINA FIRE INSURANCE CO., LTD.

Maunger.

THE Registered Office of the abora Company CREAM must be placed 24 hours before deliQueen's Building to UNION BUILDING,”

11063

PEDDER STREET, Hongkong. very is required.

0. MONTAGUE EDE

General Manager. 27th December, 1929.

[1958

KELLY & WALSH, LTD.,

AE. GLOVER,

TELEPHONES:

-Central 185, Towa Office.

1915, Printing Dept.

INTERNATIONAL MATCH..

RUGBY FOOTball.

THE REST.

ENGLAND

NEW YEAR'S DAY

AT

HAPPY VALLEY.

KICK OFF

TO LET.

4 P.M.

[1992

STARVATION YIELDS."

Ir You COME TO TRE CHINA INDUSTRIES DEVELOPMENT BANKING CORPORATION, LIMITED

IN TIME.

Pat YOUR MONEY here, Sue YOUR MONEY grow, REMEMBER our Address is

3 DUDDELL STREET; opposite to Tux Cuina

SexCIE BANK.

NE Large OFFICE ROOM in POWELL'S OUR INTEREST RATES:

BUILDING

Apply

"LANE, CHAWFORD, LTD.

(1894

NOTICE TO CONSIGNEES.

OCEAN STEAMSHIP CO., LTD. CHINA MUTUAL STEAM NAVIGATION

AND

CO., LTD.

For Fixed Deposits-

1 tear

I

3 months,

6 months 3 months For Current Account

"@ 6 Per cent.

"

For Special Deposit... Personal Arrangement. For Current Earings Fer cent

For Fised Savings... Regulations Obtainable

CHIU CHU KEH,

Manager.

ONSIGNEES per Company's Steamer THE INDUSTRIAL AND COMMERCIAL

DIOMED

are hereby notified that the Cargo will be discharged into Holt's Wharf, Kowloon, where

it will lie at Consignee's risk and subject to terms and conditions of storage at Holt Wharf. The Cargo will be ready for delivery from Godown on and niter 27th December.

landed, unless notice Optional cargo will has been given prior to Steamer's arrival..

broken, chafod and damaged goods are to be left in the Godowns, where they will be uxamined on any Tuesday's and Friday between the hours of

am, and Noon within the free storage t

All

No claims will be admitted after the goods have left the Steamer's Godown, and all troods remaining, undelivered after the Sad Jan, will be subject to rent.

they

All Claims against the Steamer must be presented to the undersignal on or before the 16th Jail, or

will not be recognised. No Fire Insurance will be effected

BUTTERFIELD & SWIRE,

Agents. Hongkong, 23rd December, 1922.

(1989

NOTICE TO CONSIGNEES RICKMERS LINIE. FROM HUMBURG AND ANTWERP. THE S.S. "LUTH KAYSER"

43

BANK, LTD.

HEAD OFFICE":

York Building, Chster Road, Hongkong.

BLANCHES

Shanghai 51, Klangse Road Hankow.

British Concession.

CORRESPONDENTE IN: London, New York, Chicago, San Francisco, Vancouver, BC, Honolulu, Singapore, Penang, Tientsin. Swatow, Macso, Canton and all Com- mercial centres of China and abroad.

PROMPT SERVICE. Attractive rates for all kinds of Deposits. Inquiries are welcome.

T: H. MAL"

Manager.

1962)

THE CHINA SPECIZ BANK, L2D.

HEAD OFFICE-

Br. GroEST'I Bunding, Homexora.

Chairman of Board of Directors

MR. WONG-BBIU HAM-

Chief Manager.... Mr. L. 8. HOLUM. Atit. Manager. Mr. K. T. Woo Hongkong Manager „Mr. L. P. AzuuN. Felga exchange and Goral Banking business transacted.

having arrived from the above" Porta, Consignees of Cargo are hereby informed that their goods are being landed at their riak into "the Godowns of the Hongkong and Kowloon Wharf and Godown Company, Limited,

Current, Bavings and Fixed Depoata bean and Kowloon, and stored at Consignees risk expense.

Optional Goods will be carried on unless interests at rates of 3 per cent, & per owpå, and

instructions are given to the contrary before

oon 28th December,

1000

1922.

All broken, chafed, and damaged goods are to be left in the godowns, where they will be examined on 30th Dec, 1999; at 10 AM

all alsins must be presented within 15 days of the steamer's arrival here, after which diate they cannot be recognized...

Ne claims will be admitted, after the gooda Godowns, and all Goods remain

be subject to rent.

6 per cent, per annum, respectively,

Hongkong, October ad imza

L'A. HOLUM.

PARTICULARS of

Situata VALUABLE LEASEHOLD PROPERTY

No. 13, WING HING STREET,

VICTORIA, HONGKONG,..

To be sold by Order of the Mortgages

||

By

PUBLIO AUCTION.

IN ONE LOT

SATURDAY,

The 30TH Dar of Dec., 1992, st 3 o'Loox F.

By

"

Meers. LAMMERT BROTHERS „At Taxi Orfion, DUDDELL STREET,

THE Property consists of First ALL The parcel of ground situate at Victoria in the Colony of Hongkong and registered in the Land Office as SECTION A of INLAND LOT No. 3166 together, with the messages erections or buildings thereon now Trown as No. 15, Wing Hing Street and Secondly ALL THAT strip of land at the rear of the said Section & of Inand Lot No 1168 being a scavenging lane. All of which

75 years are held for the rendre of the term from the 15th day of May, 1916, created by the the Crown Lease thereof together with valuable machinery now situate in or upon the Farticulars and Conditions of sale may be said premises and at No. 1 Gordon Stroot obtained from

1387]

MIHASTINGS & HASTINGS, Bolicitors,

3, Des Your Boad Central1

and Mesura LAMMERT BROTHERS:

Auctioneers,

NOTICE TO CONSIGNEES. The Steamship WRAY CASTLE. FROX NEW YORK & BOSTON. MONSIGNEES of Cargo are hereby inform- ed that all Goods are being landed at their risk into the Godowne of the Hongkong & Kowloon Wharf and Godown Co., Ltd, at Kow loon, whence and/or from the wharves delivery

CON

may be obtained all be forwarded unless

Options! Cargo will notice to the contrary be given before 2nd inst

No claims will be admitted after the Goods

have left

left, the Godowns, and all Goods remaining undelivered after the 28th inst, will be subject to rent,

All Claims against the Steamer must be presented to the Undersigned on or before the 8th prox, or they will not be recognised. All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on the 28th inst, at 10 am, by our Surveyors, Messrs. GODDARD & DOUGLAS.

No Fire Insurance has been effected. Bills of Lading will be countersigned by

DODWELL & CO, LTD, 19731

Agents.

J

PREPAID WANTED

ADVERTISEMENTS

Letters are lying at this Office for Boxes QV, RF, BU, KW, TH, TU,

VO.

HOUSE FOR SALE AT PEAK, « FOR SALE, either together (suitable for

TO BE LET-GODOWN Spacions Two have left the Godoyo tan and Jan, 1083, will i Mess), or separately, with early storied Godown, situated, on the: Frays possession. Now, 2 and 3, SrewART TERRACE,

near Bowrington Oansi and containing appro- ximately 6,000 square feet on each floor. To be Consignees of cargo are hereby notified PEAX.

Apply to H. E. POLLOCK,

Prince's Building.

Let to the end of the year.Apply Z, office of that they must produce an Import permit

this paper.

[134 signed by the Superintendent of Imports and Exports, Hongkong, before Bills of Lading can be countersigued.

No Fire Insurance has been affected. Bijle of Lading will be countersigned by

CARL BODIKER & CO.,

Aktiebolag,

Agents.

[1990

Hongkong, 28th December, 1922.

START THE

NEW YEAR.

WELLI

Join the ranks of Hongkong's Discriminating Amokarz, by securing your Sapplies at the

@ HONGKONG, CIGAR STORE,

ALEXANDRA BUILDINGS. Everything for the moker.

"

1956

THE CORONE

2.30, 5. PM 7 & 9.35 P.31-

LITTLE LORD

FAUNTLEROY.

KOWLOON THEATRE.

5.45 0.15 PM

MAY ALLISON

(1458

THE CHEATER.

INTIMATION

A. S. WATSON

& CO., LTD.

invite their patrons to inspect

The Choicest selection of Perfumes from the best London, Paris and American Houses, including the latest and exclusive productions of

GRENO "DU BARRY," COTY,,

VILLE, HOUBIGANT, MORNY, ROGER & GALLET, ATKINSON.

presented in Bottles, cases and packages of the most elegant and chic designs.

YE OLDE ENGLISH LAVEN. " CLOCHE DER WATER and D'ARGENTEAU DE COLOGNE. in élegant Silver Mounted Bottles.

SILVER" MANICURE SETS, MOUNTED & PLATED FANCY GOODS, PERFUME BOTTLES, SPRAYS, &c. Elegant and useful. articles in great variety.

CONFECTIONERY

& CHOCOLATES.

of the finest Quality and des- cription in great variety from FULLER'S, FOSS'; (Boston, U.S.A:) CADBURYS, &c., &c.

SPECIAL:

A Few very elegant gold mounted ladies' cigarette holders; of ex- quisite design.

Among the passengers of the Kashgar, catastrophe in the hope that matters will right themselves. The Minister of which left yesterday for Landon ward- Finance and the Governor of the Bank Mrs. Bullock, Professor and Mrs. Digby, of Japan have lately been busily lecturing Mr. and Mrs. J. B. Penman, Mr. T, the bankers and business men on what Dallia,: they should do to restore the trade of the

Mrs. Wellington Koo (wife of the ex- country, but their advice was mostly of a negative character. The Minister of Foreign Minister) was a passenger on the Finance objected to the payment of large P. & Q. steamer Kashyar, which left dividends by the limited companies, but yesterday. She is proceeding to Singe the advice comes rather late in the day: pore.

It should have come during the war'

boom; when the most extravagant divi. Admiral Sir Frederick C. T.. Tudor, dends were paid and next to nothing put KB., K.C.M.G., has been placed out to the reserves against the bad times the Retired List, at his own request and coming. Now dividends have been greatly Vice-Admiral Sir Sydney R. Fremantle, cut down."in some cases disappearing K.C.B M.V.O., has been promoted to th altogether, except in the case of the rank of Admiral.....

companies which were content to pay a

moderate dividend during the war and It is stated that in resigning the Office are now able to keep it up. In most of Provost of the University of Pennsyl cases, however, greedy shareholders would vania to remain Governor-General of the not hear of large sums being put to Philippine Islands a little longer, General reserve, but insisted on all the profite Leonard Wood has turned down a salary, at tehst three times the amount ho being paid out in dividends, with the result that the reserves necessary to receives as Governor-General.” “

them over the bad times are now Carry

An Laternational Race Club is being absoat. There has been much talk lately

At initial must- of a reduction in the bank rate, which organised in Hankow. now stands at the high figure of 8 paring was held in the office of Mr. C. B. cent or bar à par with the more or Danby with some 60 Chinese and foreign- less nominal bank rate of Germany, anders present. The proposed capital of the only one point below that of Austria Club is 8400,000 to be raised by the This is, of course, an excessively bigh Chinese and foreign promoters. bank rate for a country like Japan;:

11

where the currency is cominally in a A plob of Crown land situated at Shru- sound condition and credit is good, but kiwan was sold by public auction at the the authoritics refuse to reduce it on the Public Works Department, yesterday ground that while it would undoubtedly afternoon. The plot, which has an area do something to lower prices and enable of 677 square feet, was bought by Mrs. cheaper capital to be obtained, it would

A feature of the Christmas celebration

at Shanghai was the gathering of foreign residenta on the Race Course to sing

Christmas Cercle, the words of which were Because of the limited flashed on screens,

also open the way for speculation before Jung Fuag Ngan, of No. 19, The Prays, there had been a readjustment of the Shaukiwao, for $1,420. The upet price losses sustained in the collapse following was $433. the war boom. It is quite true that these losses have not been adjusted,-that the loans advanced by the banks on securities which have since sunk much below the figure they were then valued at, have not been repaid and are not likely to be repaid; that many of the banks are space it was arranged to admit Chinese short of funds owing to their capital guests by tickets. The festivities centered being tied up in these loans, but are loth. around a giant Christmas tree illuminal to realise on the security owing to the ed by hundreds of coloured lights. The losses that they would suffer; and that carols were interspersed with cinemato many of the failures that have already graph pictures relating to the birth of

Christ occurred have not yet been settled," the bankrupts, in fact though not in law,

If a person were to visit Chinkiang now, for the first time, says a correspón. still higgling with their creditors to settle matters privately and thus prevent dent, he would almost wonder why it was.. a declaration of their bankruptcy by the

called a port, for there is nothing but a Courts:

wide stretch of sand between the Bund These are a few of the cases where and the water's edge. The river has so adjustment has not been made and every silted up that before long there will soon" day brings further evidence of a dis-be a permanent wide strip of land over inclination to look facts, in the face, ad

a quarter of a mile wide running right that the argument of the authorities is along in front of the concession. The well founded. As a matter of fact, a jetties which were destroyed by the great straitened have the private banks become

typhoon and have been repaired again are that for the last few months their dis-

now practically useless, since they simply count rates have been above that of the Bank of Japan, showing that their funda run over dry ground. The launches and have fallen, considerably, owing to their passenger barges which run up the canals EDMONDS. At Bristol, England, on inability to secure the return of loans all have to moor quite a considerable dis-

November 12th, Berry, dearly-beloved

or realise on the security. There is thus tance below the Customs House. At least daughter of Harold and Ethel EDMONDS, of Hongkong, aged no competition on the money market two hulks are peacefully resting on a dry (1993 between the Bank of Japan and the bottom, and now to join a river steamer private banks, acother factor which it is necessary to go out in a boat to make HONGKONG OFF70): 104, Das Vaux HD., C. makes the Bank of Japan unwilling to a connection London Orfic: 131, FræT STIKET, É.C. reduce its discount rate. It is argued

A. S. WATSON

JOOTE

CO.

LTD..

DEATH.

The Daily Press.

HONGKONG, DROZMEER 28TH, 1993.

-

:

In a leading article entitled "Of- in some quarters that until the market rate falls below the bank rate, no good cialites "-"that particular turn of mind would result in a lowering of the latter, which koops persons in high official posi although to allow the market rate tations clean out of touch with the move- influence the bank rate is quite contrary ments of the hour"-the Central China to banking principles in the West, where Port says:-" It might be noted that the it is the bank rate which affects the chief stock in trade of Chinese officials, market rate. In the present abnormal politicians and parties, in their dealings conditions in Japan some other reason with each other, is duplicity and bul JAPAN's long-drawn-out economic crisis has to be sought for the divergence faith. They are all the time busy trying continues. Newspapers arriving from between the bank rate and the market

JAPAN'S ECONOMIC CRISIS.

EXECUTION AT VICTORIA GAOL

Japan contain news of something akin rate, and this seems to be the suspension to cut each others throats behind their to a financial panic in several cities there, of the financial crisis which the Govern-backs as an Irishman put it. The greas In the course of a very few days no meat has assisted to bring about by confusion which prevails in Peking and fewer than five runs on hanka took place. propping in unproductive industrica with throughout the provinces, is due to this Although it is understood that a loan of Government funds, and generally doing propensity, and one of them can impli 4-10,000,00 has bon made to the mallor to enter tots, and our of reconcitly trust his own subordinates even for banks by the Bank of Japan, extreme ing. It is hardly surprising that follow. day. If this is the manner in which nervousness on the pars of depositors is ing this example the private companies they deal with each other, it stands to said still to prevail. Among rosent should have failed to make those adjust reason they will be no more honest in deal. events use the failure of a private meats which the altered times demanding with foreigners whom, to begin with,. bank whose proprietor seems to have and that thus there should be brought they do not like." THE METHOD OF MOUNTING spent all the deposits in gambling on the about a state of suspended crisis which Chaka exchanges, plunging even deeper and has prevented a new start being made. spectsole glasses is of the greatest deeper in his efforts to extricate himself. The refusal to lower the bank rate seems importance," writse Dr. C. Hartridge, as the banke was chiefly supported by to be owing to a desire to postpone the F.R.0.8., Ophthalmic Surgeon and wealthy men it is supposed that not much crash still further. A lower bank rate

At daybreak yesterday, Lam Wing, Lecturer on Ophthalmic Burgery to the distress will be caused by the failure, but would mean a lower market rate and a Westminster Hospital, "they must be it affords another instance of the plight fall in the value of commodities, which formerly a Sanitary Department coolie, soourstely centred in frames that are into which the financial state of the would further reduce the value of the was executed at Victoria Gaol for the light, strong and it well, otherwise the country has fallen and the dificulties of commodities for which much of the murder of a man named Tam Tat. The good shoot of the most carefully chosen extricating it without something in the private banks funds are pledged The usual formal inquest was held at the Borrection may be entirely frustrated by nature of a widespread, shake-up. The result would be that the banks would be Magistracy during the afternoon, presid a faulty position of the glasses, or even failure of the beak caused a momentary compelled to come to terms with their ed over by Mr E. E. Lindsoll, and a troch source of eye-stenis may be intro futter on the archanges, where it was debtors and the crisis would be brought verdiet of death by hanging was returned. The murderer was sentenced to death duced" The Hongkong Optical Co., cridently thought for a time that the to a head, instead of being allowed to wooosssors to Clark & Co., Retracting and real crush had come. The waves calmod linger on as at present. Capitalism, at the November Criminal Sessions for

the next however, has a very strong influence in Manufacturing Opticians, lossted in 18, down again, however, to await

having fatally stabbed Tam Tat in the Queen's Road Central, bare" the equip failure, which it is believed will be Japan and it is hardly likely that the mont and instrument to adjust your followed by many others as long as the Government will take any atepe that do course of a quarrel in Square Strect on

October 26th. Government continues to hold off the final not receive its sanction. 'spectacle to"