1923-08-03 — Page 3

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THE UNITED ASBESTOS ORIENTAL AGENCY, ́ ́LTD.

Tel. Central 236.'

SOLE AGENTS FOR

THE HONGKONG DAILY PRESS, FRIDAY, AUGUST 3RD, 1993.

3, Queen's Bulidings.

BELL'S UNITED ASBESTOS CO., LTD..

MANUFACTURERS OF.

Victor Metallio." ""Dagger," "Quidruple" and

"Reefer

Packings

Bell's Asbestos Compositions.

"Salamander" Engine & Cylinder Oils.

"Salamanderite" Jointing.

Beautify your flame by using.

"SYNOLEO”

The famous "Oll Bound".

DISTEMPER (our)

"

is in paste form, and only requires thinning with Cold water to be "SYNOLEO

ready for, the Brush. Is easily applied. SYNOLEO " does not rub off on the Clothes. Colours fast to light and retain

their appeamace for years, "SYNOLEO " is manufacturol in the most delicate tints and the deepest

sladen

"SYNOLEO " is the talent proinet in Distempers, and is anperior toall others-

Commande a very large sale throughout Chian

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in many attractive Colours,

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Branch Houses of Manufacturors

WILKINSON, HEYWOOD & CLARK,

Alexandra Buildings,

HONGKONG.

LIMITED.

(Great Britain's Largest Paint Makers.)

International Building,

SHANGHAI

ELECTRO AUTOMATE

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Batteries or

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Watchman's $15

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Telephone No. 2880.

P. O. Box 445,

MICHELIN

CUSHIONING CAPACITY

INSURES"

COMFORT

Sult Agents: LEPACK CO., LTD., 50-52, Queen's Rd. C

AMERICA AND THE COITON TRADE.

The Louston Morning Post in a recent article says:

1

TRADE DEPRESSION IN LANCASHIRE.

CRITICAL CONDITION OF COTTON INDUSTRY.

A London cable to Indian papers dated July 13th said:

Raw cloth imports, which during May fell to 543,000 centals of 100 pounds, or half the imports for the same month last year, further decreased in June to 355,000 centals, or only one quarter of last year's figures, their valur being £3,000,000 less.

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P. AND O. BANKING CORPORATION.

LORD INCHCAPE'S REVIEW.

Liverpool is the centre of the world's cotton frade; and for the last half-century the Liverpool Cotton Association has been

The Hanchester Gaurtica, commenting universal endeavouring to arrange

on the serious decrease in the June ex- standard, in length and strength of staple, ports of cotton goods, says that 300,000,000 cafear, and all other qualities. by which square yards shows # Falling off of the various grades of cotton may be 110,000,000 as compared with 3uy. China bought and sold. In America, which sap- took 750,000 fewer, Bombay nearly 1,000,000 plies the raw material, "there is one stan- fewer and Bengal 41,000,000, being half daril and in Liverpool another; but in the the May supply. The yarn, exports were constant immense volume of transactions 10,000,000 lbs., compared with 13,500,000 in progress between America and Liver lbs, during as, Bombay taking $35,000 pool and Manchester. in practice the two los, compared with 1,000,000 last year.

The chief exports of grey cloth were are interchangeable, and hitherto no diffi. cuity has occurred. Last year, however, Bengal 21,000,000 square yards, compared the United States passed a law enjoining with nearly 60,000,000 last year: Bonbay the compulsory of the American stan4,400,000, Compared with 7,300,000: Chinn dard upon all American citizens, which 400000, compared with a similar amount; statute comes into fores in August next.and Egypt 3,400,000 Only those conversant with the complex its of the cotton business can fully an preciate the immense confusion which the new law with produce slike in America, Bugand. France, Holland, Belgium, and Spain. A deputation composed of men in the cotton biasiness from all the Euro. peth countries aforesaid is now in Washe ington for the purpose of presenting their case to the Secretary, for Agricul ture. Our Washington Correspondent, however, does not think that the Secre tary for Agriculture has any power to modify the Jaw, which, it is said, was

At the third annual 'meeting "to-day of mceived in the interest of the America the Peninsular and Oriental Banking

America cotton grower. In this respect, acetipies a strong position, because she Corporation, held in London on July 13th, holly the greater proportion of the raw For Inchcape, after reviewing at s Butorial which it is absolutely necessary length the satisfactory position of the other countries should obtain. At the Bank reminded bis audience that before the same time, the American gray depends war the continent of Europe was India'a best. upon fareign countries for the digissal of castomer, and until things were settled there, as he hoped by the influence of the the cotton crop.

Had the United States Government. de. Prime Minister and His Majesty's Govern sired to establish a universal standard. ment they might soon be, the trade of India, would surely have consulted the Liver of this country and of the world generally pool Cottun Association, and other Euro- would not revive. (Applause.) In bis pean buyers, before setting up a compuli humble judgment, this country would gain ory standard. It is, therefore, conjectured far more by a settled Europe thau by any that in passing the new law, Congress thing in the way of reparations she was hoped to transfer the central cotton ipar-likely to get from Germany (Lond ap ket of the world from Liverpool to Wash plause) He bal spent some months in ington. For under the new law, in case India recently, and had come away with no of any dispute arising between the misgivings as to that country's position. American shipper and the foreign buyer Very valuable econguies bad heen, or with regard to quality, it can only be were in course of being affected in the settled by the United States Secretary for Agriculture, whose award shall expenditure and the Budget for the cur accepted by the United States Courts, rent year would balance, which had ant Hitherto, such disjnates have been settled been the case for the previous five years. by atbitration in the various countries The credit of India hal been restored, and dealing with America. In August, these he was not without hope that, barring matters will fall under the jurisdiction some failure of the monsoon, the days, of Lord Reading with of the United States Goyertiment, whose deficits were past. intervention in the trade is regarded with the aid of Lord Rawlinson was ruling It is sufi India with a firm band. Steps bu beeu considerable apprehension.

one could see... cieally obvious that the United States taken. which, so far as Government can hardly expect to ruforce would secure the country from any serious by municipal law a cotton strudan upon attack by frontier tribes, and at the the traders of other nations. Although same time would admit of a material re- England is the most important cotton duction in military expenditure. There centes in the world, it may be observed were landable aspirations on the part of that the British Government have never the educated classes in India for a greater Attempted to interfere with the natural tours of commerce, Dor. to impose its share in the government of the country, domestic legislation upon other nations, and, though there might be met in the course of time, he felt perfectly certain The discussion of this matter is only be Lining: but it already affords another that nothing would ever be allowed to proof of the necessity for making the interfere with the supremacy of the Brit- ish Raj in India. (Loud applause.) He Empire a supporting...

bad, he concluded, no fear as to the Inture of Britain's greal dependency.

11

THE COTTON TRADE.. CONTROL SCHEME ADVOCATED IN LANCASHIRE.

An important development in the critical position that has arisen in the Lancashire Cotton Trade took place on June 14th, when the Provisional Emergency Cotton Committee decided to ask the Federation of Master Cotton Spinners Associations to assist in the establishment of a cotton trade control scheme.

A letter, that was sent to the Federation pointed out that the" Emergency Committed bad discussed the question of the minimum prices which the Federation has asked the spinning trule to obtain. From experience of the members present, it was clear that those prices are not being main- tained. Indeed, members are truly con- vinced that the fixing of prices on sales of yare is being made at 1d. per lb. below the official minimun, whilst the members of the trade, who are standing out for Federation prices, are doing no business at áll.

The latter proccoded: "

PRESSED

AND

RE-SHAPED

IF YOUR SUMMER CLOTHES CANNOT BE WASHED. WHY NOT HAVE THEM DRY-CLEANED.

DIRT. STAINS AND URBABES VANIBH AS IF BY MAGIC UNDER OUR PROCESSES, AND THE "ORIGINAL SHAPR AND SET IS RESTORED.

STEAM LAUNDRY CO.

HEAD OFFICE and WORKS YAUMATI, Tel. E 3. HONGKONG DEPOT, 16, Stanley Street, Tel. C 1979,

62, Praya. East.

KOWLOON DEPOT, 19, Cauton Road.

CANTON, 19, Sharki Central East.

Write or Phono

for PRICE-LIST.

YE OLDE PRINTERIE, LTD.

COMMERCIAL PRINTERS, ACCOUNT BOOK MAKERS, Ero. 14 QUEEN'S ROAD CENTRAL

Telophone 3797.

V. O LABRUM, Managing Director.

AILSA CRAIG

· MARINE · MOTORS

A first-class British-made Motor at a reasonable price :

ל

6 Cylinders

B.E.P

1 Cylinder to 4 B.H.P. to 50

Prices and particulars from

SOLE AGENTS;

DODWELL & CO., LTD.,

Machinery Dept

Telephone C. 1030.

Do you hear of a fluid

That will draw roaches and ants out of every hole, crack or eravice before killing them, and not.

poison food?

That will kill bed-bugs instantly and not leave an odori

That will kill flies by the roomful and not harm paint or paper?

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That will kill mosquitoes and not harm baby!

.+

That will bring moths out of clothes and wardrobes and not harm your clothes?

We are, therefore, approaching your! Committee to ask whether it would not consider it to be wiser, instead of continuing these half measures, to take up the whole scheme of the Provisional Emergency Committee before, it is too late to save the industry, and assist in the creation of a body which would be in a position to make its decisions Uluding on the trade.

"We are so impressed with the dangercus position in which the cotten trade finds itself to-day, but we appeal to the Federa tion Committee to give its most earnest consideration to the question of supporting the proposals of the Emergency Committee in their entir ly, and to give its co-operation in the establishing of an Advisory Board, consisting of representatióes of spinners'. manufactures and operatives'organisations. Quce this body is formed, stulistics could be obtained which would caulis the pro- duction to be scientifically regulated to the demand, and the means would be in-exist ence for bringing the whole trade into line and securing profitulado e pæðitigis."

At the Electric Light Association Cons veutic mieting in New York, last month, a project was announced for electrifying the whole of the United States. The scheme would cont aloit $1,000,000,000, and would include the electrification, of all railways, street frans portation lines, factories, and other power-using units in one immense gy8- temi.

That will take fleas off a dog and not harm the dog?.

That will take lice off a hen and barm not the hen?

That fluid is

FLYOSAN

Have you got your refill

Obtainable watt-

Watson & Co., Ltd. Queen's Dispensary, Colonial Dispensary,

The China Dispenary The Edward Dispensary The Pharmacy,