Page
JOHN L.
THORNYCROFT
+
J
AND CO. LTD.
ר זייי
SHIPBUILDERS AND ENGINEERS
London, Southampton and Basingstoke
#
PASSENGER AND CARGO VESSELS OF ALL TYPES UP TO 6,000 TONS OCEAN-GOING TUGS, MOTOR BOATS (SEA OR RIVER) UP TO 50 KNOTS. TURBINES AND RECIPROCATING MACHINERY AND PROPELLERS. MARINE AND. STATIONARY OIL-ENGINES Š TO 90 BHP.
MOTOR VEHICLES 2 TO 6 TONS. WATER-TUBE BOILERS.
:
FOR QUOTATION, APPLY-
ROBERT DOLLAR BUILDING.
SHANGHAI.
"VAN HEUSEN'
The World's Smartest.
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DRESSY-CONVENIENT-ECONOMICAL
Stocked in 7 Different Shapes In Quarter Sipes, by
MACKINTOSH
& CO., LTD.,
Men's Wear Specialists.
Alexandra Building.
Des Vœux Road.
SPECIAL
SALE
AT
SINCERE'S.
NEW MILLINERY
AT
WHITEAWAY'S
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ELEGANT BUT, INEXPENSIVE.
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NEW RIBBONS...
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WHITEAWAY, LAIDLAW & CO., LTD..
HONGKONG.
MONGKONG DAILY FRENS, FRIDAY, JULY 1STE, 1933.
THE TRADE OF SHANGHAI.
EXTRACTS FROM THE ANXUAL CUSTOMS REPORT.
In his annual report on the trade of Shanghai in 1922, Mr. L. A. Lyall, this Commissioner of Customs writes
THE TRAFFIC PROBLES.
*
of over 10,500 passengers/per route mile per day is believed unequalled in the world and speaks volumes not only the congested passenger traffic, but a'u for the harm done to road and track sur- fuss, which seem to remain in espistant need of repair.
The trafic problem, still very acute, iz being ably coped with by the Public Works Department of Shanghai Municipal Coun eil, but owing to the heterogeneous kind of traffe as well as to the lack of foresight on the part of those who first planned the narrow streets of the town, the task is an exceedingly difficult one. Roads are bei Considered "purely from the statulpoint widened and corrected wherever feasible of revenue, the year ander reviews and as rapidly as funds permit, but owing" ittle cause for complant. Exclusive of to obstacles of various kinds, the measures famine relief surtas, the revenue coltrot taken have nut invariably kept abreast ed shows a net increase över 1921 of rough-the growth in the volume of traffic, ly Hk. T 1,700,000, while the grosse growth which is strikingly illustrated in of the trade of Shanghai amounted to the Shanghai Tramway "Company"s stație, Mk. Tls. 80,713,400, pù advance of Hk.ties for the year: over a syst-mi covering Tix. 62,37,850 on the 1921 record. This 17.765 route miles al 23,825 track apparent asurepancy between lost mar- miles, uo less than 12,65-1.296 pasɛingeri This extarordinary figure kit reports obtained, from the most reli- were carried. able sources ned Customs statistics can no doubt in the main be explained by taking into consideration certain factors which have characterised the market for Withdrawal from Lond of your tim cargo purchase at a time when prices were considerably higher than at the be ginning of 1022 appear in the Customs returns as ordinary imposts, and while the estimated quantity for the year is not considered by merchants to be as farge as the 191 #ithdrawals, it may nevertheless eneral a great deal of unprofitable trade Exchange, which determines the local duty-paying value in Haikwan taels of foreign imports subject to a per eft,fer to ad enfurem duty, shows a further decline in the average yearly rate from 3. 11 7-180. in 1021 to 34. 3d. during 1922, and may thus be mentioned as one of the con tributing Factors to the increase muder import duties. A great many of the in ports paying adtralorem duties have fur ther been of a not-mercantile mature, such as buling materials, and have added to the Customs receipts without stimulating the market. Traders are finally becoming increasingly handicapport by the competitime profitable, dweling-houses rather a tion which at times seems to outgrow the pace of the natural expansion of the coun try and which in years of depressed or very sensitive markets tends to brighten the established trader's difficuties.
THE TARIFF REVISION COMMISSION.
LAND VALUES AND BULLING DEVELOPMENT,
Land values have remained at a very high level during the year, as to the undiminished demand for factory site. and the shortage of residential quarters and have also been further strengthened * of land on by a systematic hoarding the part of Chinese capitalists, who p
keep their holdings merely as safe. investment agJust the certainties of
VICKERS
LONDON CIN
Side Prefectuan
and Dustaking
The Label which is
A CERTIFICATE of PURITY!"
"Fold Frams are Beneficial" FINEST LONDON OLD TOM FINEST LONDON UNSWEETENED
Price: Per Case, 1 doz. qts.. Duty Paid $28.00.
SOLE AGENTS:
the future without committing themselves GRANE, PRICE &
to building enterprises of any kind. The rost of labour has during the last five years advanced about 30 per cent, whi'e the recent and very extensive building operations carried out in Shanghai's basi- ness centre have caused a noticeable in creases in the cast of burding materials, such as line, sund, te, making the task of ereeting comfortable and at the same diffent me from a land investor's point of view, there obviously being limits to the ordinary tenant's rent-paying apa- city, whereas the demands for modern standards as regards sanitation and in- terior fittings have in no way abated. The abjoined table, courteously supplied by the Shanghai Municipal Public Works Department, will prose of gear inter-
Of particular interest to the business community was the work of the Tara Raon Commission, which was convened, showing as it does, at a mere glance, in Shanghai on the 20th April and held the growth of the International Settle nent of Shanghai during the last five its lust meeting on the 25th September,
It may also be reparked that the task entrusted to it being the revi
building operations, particularly of a resi sion of China's Import Tariff so as place it an effective 5 per cent, basis, dential unture. have been carried out with in accordance with the agreement reachel qual fervour in the French Concession.
at the Washington Conference early isUMBER OF BUILDINGS ERECTED IN THE
the year. The basic principes n the ies of which the work of revision yas to be carried it were finally agreed upon by the Commission of the žud "June, and For purposes of record and in the interest of readers unacquainted with the pro ceedings of the Tariff Revision, the Dr peen made by the Chinese delegation and then accepted by the foreign delegations is given below. The proposa!, reads at follows:
That the Shanghai narker values for the six months October 1921 to March 1929 be taken as the basis for
Chinese
INTERNATIONAL SETTLEMENT, 1918 TO 1929.
1918 1919 1920 1921.
1121
Bouses... 313 2336 2,40 4,004 4,267) Foreign
50 Foreign
building
residences Godowns Stables and
20
Ꭸ
37 21 83 203 129 63
24
.61
73
101 113 IUD
18
51
700 .773
41
25
garnges... Work-steds Miscellaneous. 424
RE
Total...2,968 1,131, 3,912 3,314′ 5,487
Estimated
the new Tarif. That is computing | Juil. & factories 9 these values, goods importa! frem coal- tries not entitel to a vote at the Tarifi Bevision Commission be left out of acerunt. That the quantities of goods importex be taken from the Customs Returns for 1020. That in determining the new duty rates the market yn'uv shall be considered to exceed the duty paying value by the present duty ei ths' goods plus per cent.
That the first sentence of this re solution is subject to the reservation that for cutton piece goods and ratton yarn a uniform percentage of incringe over the present Tariff rates be applied. That the amount of this increase is to be determined by comparison of the Shanghai market value of each artice during the six months above mentioned with the present Tarifi daty rate on the samo article multiplied by 20. That in enleuiating the average increase in value of a these goods the quantity of each kind imported shall be taken into account.
That if this system of uniform i crease of duty on contou piece gods and utton yarn be found to be inequit able, it may, at the discretion of the committee appointed to consider the question, be modified in the following manuer when the amount of the aver nge increase of value of cotton piece goods and yarn has been determined, and the increase in values during the same peroid of each separate article ha been ascertained, the increase of duty on each article half be the average of these two increases,”
The modification contained in the last paragraph was eventually withdrawn by
value - Στ thousands of Shanghai
taels.4,402 6,852 10,872 21,008 15,028
ROUSING QUESTION.
The housing question, in the main dge to a healthy expansion, still remaius in a vexed state and is not likely to attah its solution in the near future owing to the influx of wealthy Chinese, who ig tempestuous times betake themselves t Shanghai and are eager buyers and ten- nuts of residentin propperties, and to the melancholy arrivals of large numbers of Russian refuges, whose existence in Shanghai is fast becoming one of the most tragic problems of the day, the majority. abolite state of them being in an destitution.
다
LABOUR SITUATION.
I
The labour situation has been better than for many years past, and the supply of skifled as well us of unskilled labour has approximated more closely to the de mand. It is, however, homing furreas- ingly evident that the growth of the labour movement on the same lines us in Western countries will become a factor to be recked with in the future, various inbour guilds having during the year shown their ability to conduct organised atrikes, though, furtunately, none sale of such maguitude ne, the Houg kong shipping strike, which lasted from the 13th January to the 4th March and no doubt stirred the local labour unions considerably. The rice supply has, on
LI 接
the stringent measures adopted in previous years against hoarding were not found
mwined in the neighbourhood of $12 to 81 per pical, an advance of 4 over the average price ruling but three years ago, which entails a great deal of hardship on the labouring o'pages, Revised scales of labour wages are, however, in most'ensen being introdured, payments being unde weekly in small silver coins and the copper.. cent system abandoned.
the Chinese delegation abolishing whole, been better than during 1991, and
neun"valuation, while the index 1 which the committee arrived at for cotton cloths and yarms proved to be 59.120,necessary. Nevertheless, prices"have re- meaning that values had increased an per cent. on the average over the values adopted at the last revision of the Torill in 1019 and that the duty rates would have to be increased nordingy. As gurds the various other Tariff items, comparison with the old Tariff revea decreases as well as increases in the duty, rutes. In many instances where rates have been more than doubled, the increase "will no doubt appear to be heavy, but when ais said and done, the net result remains a per cent, daty, which in very few muntries would be thought excesive The Revised
THE METHOD OF MOUNTING
of China, 100 Port Tariff for the Trade spectacle glasses in of the greatest im
Be it is termed, was to portance, writes Dr. C. Hartbridge, have been applied to all shipments having F.B.C.8. Ophthalmic Surgeon and left foreign ports on and after the 13t December, 19, but delay in obtaining Lecturer on Ophthalmic Surgery to the the consent of all the Treaty Powers post-Westminster Hospital, "they must be posed its enforcement, as is generally accurately centred, in frames that are known, till the 17th January, 1993. ↑ Thin increase to be expected in revonus for light, strong and fit well, otherwise the Shanghai alone may roughly be estimated good affect of the most carefully chosen at 5 million taels a year.
correction may be entirely frustrated by
DEVELOPMENT OF THE BETTLEMENTS. a fanity position of the glasses, or even Shanghai, especially its Foreign Settie a fresh source of eye strain may be intre ments, has during the year contished its duced." The Hongkong Opilent. Co., striking material development, The trans formation of the waterfront from a line successors to Clark & Co., Befracting of venerable hongs to serried ranks of and Manufacturing Opticians. located in iron-and-concrete semi-skyscraper build-53, Queen's Road Central, have the equips ings is progressing apace, bearing proud ment and instrament to adjust your testimony to the success of foreign enter- prise in the East.
spectacle to a nicety.-ADve.
[502
Tel. Central No. 135,
CO., LTD.,
"NO. 8, QUEEN'S ROAD CENTRAL,
HONGKONG,
DAIRY FARM NEWS
JUST LANDED
A Fresh Consignment of
KRAFT LOAF CHEESE
扩
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THE GENERAL COMMERCIAL CO., LTD.,
10, Des Vœux Road Central.
Phone 32F56
Sole Agents for Hongkong and China.
W. P. SIMPSON
(LATE OF DISS' BROS)"
TAILOR & BREECHES MAKER
has opened Business at
ASTOR HOUSE BUILDING
Queen's Road Central,
DRUGS
2nd Floor
PRESCRIPTIONS
[836
When the Doctor prescribes he expects the Druggist to fill the prescription with Pure Drugs. The quality of our Drugs, Medicines and Toilet Goods is not surpassed. Have the Doctor's Prescription filled here and the result will be. Batisfactory.
THE PHARMACY,
RED BUILDING (Oprdsizz Icz Hover ST,
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