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THE HONGKONG DAILY PRESS, SATURDAY, MABOH 24TH, 1923,
B. BEER
PRODUCE OF MANILA
UNEQUALLED IN QUALI
THE
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BOLE AGENTS
GANDE, PRICH & CO. LA
WINE MERCHANTS,
"Tel. 0. No. 135.
BOWERN & CO
No. 8, MUSEUM ROAD, SHANGHAL
Members British Chamber of Commerca (aghai). Mr. T. W. BOWERN, Fellow of the Institute of Chartered Shipbrokers, Incor porated by Royal Charter, London.
STEAMSHIP AGENTS AND SHIPBROKZES, For the Purchase, Sale and Charter of Vessels of way Tonnage, Fassenger and/or Cargo, Naw and/or Old, with delivery China at Very Low Prices.
SALVAGE OPERATORS, MARINE SURVEYORS
AUCTIONEERS, Coal Merchants, FREIGHT BEOXrus, Mrrat. MiRCHANTS, Machinery For Sale, New and Old is First- Claes Condition.
IMPORTERS AND EXPORTERS, SHARE-BRogers Members Shanghai Bhare-Brokers' AssocII“ tion)
Sola AGENTS FOR CHINA!- GREN'S PATENT ÅNGEDES. SAMUEL WARE & Co., Ltd. (Sheffald),
High-Class, Stoel Manufacturers (Tank, Brand).
Catalogues and Price-Lists on
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and you'll be
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ongkong,
INDIAN COTTON OESS BILL DISCUSSION IN THE ASSEMBLY.
DELFI February šlak. In the Legialettre Assembly Mr. Enllah mored for the third reading of the Bill provide for the creation of a fund for the improvement and development of growing marketing and manufacture of cotton in India. The Joint Commities to which the Bill was referred discussed at length, the question whether the es should be levied on cotton exported by sen as well as on cotton consumed in the milis a British India and decided by a minority that cess should be levied in hotheses. As regards the amount of the coes the Committee decided that i
PROPOSED CALENDAR.
A THIRTEEN-MONTH YEAR DISCUSSED BY MERCHANTS
A resolution, endorsing the Congressional to improve the Gregorian calendar and bill providing for an international conference establish fixed international calendar of thirteen months of four weeks each will be Commerce of the State of New York. The discussed at a meeting of
the Chamber of bill provides that the
extra day to make 388 be designated as January 0.
The International Congress of Chambers, calendar reform since 1908, the Committed of Commerce has voted resolutions urging of Foreign Commerce and the Revenue Laws, of which William E. Feck is chair- man, reported. Mr. Peck's report said;
is the purpose of the in this coun try
calendar reform which will of cotton but for the first three years months of twenty-eight days each,
divide the year into exactly thirteen OBTAINABLE. from the commencement of the Act it
that should be levied as double the rate. each, the extra
month of four wocks of seven days to make 365 to be day to be an
;
should be two annas on each 100 pounds recommen international ́ednference to
Mr. Seshagiri Iyor, a member of the January al leef, transferred
PROMO BEER
EVERYWHERE
Joint Committee, who had appended International minute of dissent, pointed out that no from February to a month when the H. RUTTONJEE AND SON, justification had been shown for the levy weather is likely to be pleasant, as June
of the oess on cotton which was to bear July, also to insert the new month be exported, and moved an amandmans to tween June and Juli da presents many
calendar present C
The
Wine and Spirit Merchants
RUKSŐ-ASIATIQ RANK.
CAPITAL (FULLY-PAID) RISERY FURNA
Bonblo $5,000
Jel
Kip Ti 5,800,00 1,750,000
CAFIZAL CONTRIBUTED BY THE
→ Chainzer GOVERNMENT
RESELI FUND
HEAD, OFFICE 1
Paria y, Rue Boudreau,
ENDOM OFFICE:
64, Old Broad Street, EU 2.
BANKERS:
LONDON: Mears, Glyn, Mills, Churris & Co.
Societe Generale pour Favoriser le Developpement du Commerce et de l'Indus- trie en France PARI: Societe Generale Favoriser la
Developpement du à Commerca
trie en France
pour
et de l'Indus
Banque de Paris et des Pays-Bas, Lrovs: Societe Generale pour Favoriser la Developpement du Commerce et de l'Indas- trie en France.
NEW Year: The Irving Bank-Columbia
Trust Company.
SAN FRANCISCO: The Crocker National Bank
of San Francisco.
BRANCHES IN ASIA:
Changchun Hankow Manehouli Tentain
Chefoo
Dairen
(403
Hailar
that effect. He said that the burden of the cess on the export would ultimately inconveniences resulting from its irrg- fall on the producer. The major portion gularities as to the number of days in of the produce was consumed in the mills the month. We never know on what day The levy of the cess, therefore, should holidays will fall, only by
of the week New Year's Day or other THE KEY TO GROW RICH, te porfined to the cotton consumed in the
consulting the
THE CHINA INDUSTRIES mills and should not be extended to the By making uniformity in the number exported cotton. The House of Commons of days in a month statistics can be
DEVELOPMENT BANKING and resolved to compel the spinners of made truly comparative, resulting is
CORPORATION. LIMITED, England to pay a particular cess to the better facilities for efficiency and economy DUDEKLI BURKEY, gives to all its Depositors cotton growing association in order to in all business affairs.” improve the growth of cotton there. If
■ Handsome Bate of Interest, cotton growing in India was also to he improved the millowners should similarly
AUTHORISED CAPITAL $2.000,000,00 be taxed.
Captain Sassoon opposed the amend
mont.
The Hon. Mr. Sarma said that the cotton industry required one crore for improvement and research work and that. was why Government had imposed a cess of four annas but the Joint Committee reduced it to two annas. Any further weakening of the hands of the Central Committee on Cotton-by reducing the lo come would lead to many difficulties in the achievement of their object,
Sir Montagu Webb also opposed the
amendment. N
The amendment of Mr. Iyer was put and lost.
Further discussion postponed.
Harbin
Nowchwang Urumtchi Hongkong Peking Tokohama Kashgar Shanghai q
.HONGKONG BRANCH:" Interest allowed on Current Accounts and Bill discounted, Fixed Deposits Terms on application. Local
Foreign Exchange on the Principal Cities of the World bought and sold,
R. A. RODGERS, «
Manager
-537] my
The Chamber also will consider s re solution orging that Congress create a commission for the purpose of collecting and disseminating accurate and scientific information regarding the narcotic drag traffic.
WIRELESS BOOM IN GREAT BRITAIN.
BRITISH LICENCES FOR 80,000
LISTENING SETS
INTEREST
For Fixed Deposita-
-1-year
9 months
6 months
6 Per senti
8 months For Current Account For Special Deposit. PersonalArrangement. For Current Savings......@ 41 Per ort For Fired Savings...Regolations Obtainable, THE CHINA INDUSTRIES DEVELOP. MENT BANKING CORPORATION.
BAIK, LTD.
HEAD OFFICE: York Building, Uhater Road Hongkong BRANCHES Shanghai-51, Kiangue Bond. Hankow-British Concession,
The broadcasting of grand opera from. Covent Garden bywirelog telephony has given a remarkable stimulus to the public demard for facilities to listen-in. CHE INDUSTRIAL AND COMMERCIAL
In November 3,000 licences for listen- ing in sots were issued, and in December 6,000. When the complete figures
for January are available it is believed that ou the Bill was the total for the three months will have
risen to 25,000, casas pest
At the same time the number of
people applying for experimenters
at an extraordinates licences is swell-
rata. In the last 1 95% werk in December 3,500 applications were receired. During January they came in at the rate of 6,500 a week, and in the last week of that month the figure rose to 11,000
Speaking at the "concluding dasion of the third conference convened by the Air Ministry, last month, Major-General Sir JE. B. Scaly expressed the view that the future lice largely with the air, and if that be so, I do not think it is wise to starve the Air Service either on its civil or military side."
with the number of experimenters" licences already granted and the number of broadcasting licences issued, it is calculated that something like 50,000 receiving seta are now licensed in Great Britain.
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THE
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SIXTY-FIRST YEAR OF PUBLICATION.
IS NOW BEING ISSUED AND CONTAINS
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