1924-02-01 — Page 3

Page

“DECOLITE "

FIRE-RESISTING FLOORING

(Awarded Gold Medal Franco-British Exhibition.)

JOINTLESS, HYGIENIC & NON-SLIPPING

13

Laid by Our Own Workmen on

STEEL. WOOD OR CONCRETE.

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel. Contralt 396.

THE HONGKONG DAILY PRESS, FRIDAY, FEBRUARY 1ST, 1924.

2, Quoan's Buildings.

COLD CREAM AND FACE CREAM

Daggett & Ramsall's perfect Cold Cream

Pond's Cold Cream

Parke, Davis Cold Crea

Purola Cold Cream (Theatrical)

Houbigant's Ea Beaute Face Cream Kinda Hoopy & Almond Cream

Legrand'a Becrot Jelly & Rosse Juvenile

Pond's Vanishing Cream

Face Cream

Yasa Teilet Cream

Stearn's Peroxide Cream

Stillman's Freklo Cream &

Creme Simon

JAPAN'S TRADË,

THE YEAR'S UNFAVOURABLE

BALANCE.

SHANGHAI TRADE.

Messrs. Libert and Co.'s Piece' Goods Market Report, dated January 5th,

We print below a table showing con parative figures of cloth and yarn de livered from Shanghai in the years 1914 and 1923 respectively, to illustrate the tendency of the trade during the inter asce upon it of high costs of pro- vening period, and more especially the duction in England and America. It will be immediately noticed that except ia. the case of Printed Cottons, Velvets,

and Dyed Plain and Fancy Figured Cottons, T. and Japanese Grey Shirtings Cloths, there has been a more or less heavy falling-off all round in the amount of imported goods consumed, amounting in some cases to an almost entire dis appearance of some items from the list such as English, Indian and American

The Tokyo Fichi chi comments in a | says desponding tone on the unfavourable Business is already closing down for balance of Japan's trade. Last year's the holidays as far na pew buying is con foreign trade, says the Tokyo paper, cerned, but clearances continue to be very shows a decrease of 13 per cent, in ex fair under the circumstances. The tone increase of 3 per cent, in at the market is quite steady, but the port and imports compared with the previous year, state of trade at the re-opening will resulting in an excess of imports over depend largely upon the political situa perts to the amount of Y,530,000,000. This

tion between Kiangsu and Chekiang. excces of imports is unprecedented and deserves the grave attention of the garding which there are fresh disturb Japanese people. Since 1981 there has in pours again in circulation. been a continuous excess of imports. In 1991. the excess was Y,500,000,000, and in 1993 it was 1.930,000,000. Many factors combined to bring the excess of imports over exports for last year to an unpro- ceded Rgure of Y500,000,000, but what ever these factors may be, this alarming excess causes much apprehension for the During the six future of the State. years following 1914 Japan realised an aggregate excess of experts, over impors to the tune of Y.1,810.000 but 70 per cent. of it was lost during the last three years through the adverse balance of the country's trade. This fact, coupled with the heavy inds the recent earthquake disaster inflicted upon this country, 6lls the Nicht Nichi with intense apprehension. Japan's foreign trade took a very normal course

The outstanding feature on the other in the first half of last year, but it took an unfavourable turn about June, and hand is the remarkable volume of loca! this adverse tendency was accentuated as Sheetings, Drills, Jenes and Cotton Yarn so largely replaced their the pear drew to an end. The raw silk which have

from overscas; & market suffered a disastrous slump in opposite numbers consequence of the dulness of the American comparison of the increase in consump- market. The anti-Japanese movement in tion of these as between the two years in question is unfortunately impossible. China also wrought havoc with the ex- ports of cotton cloth and yarn. machinery aa no statistics regarding them were avail and matches, Britain's demand for able in 1911, but some estimate may be fabric, hubntar, also drawn from the fact that there to-day

Drills.

THE CHINA DISPENSARY diminished. While there was a decrenze abour 13,000 power looms working on

E, QUEEN'S ROAD C

"EAST OF CENTRAL MARKET.

JUST RECEIVED

A GREAT ASSORTMENT OF

EAR-RINGS, PEKING BLUE BEADS, MANILA HATS, SILK LANTERNS AND LAMP SHADES.

THE SWATOW LACE CO.,

Manufacturers and Exporters

OF

LACES DRAWN-WORK AND EMBROIDERIES.

17 Queen's Road Central.

PENYORE

11

H

Armour's "Vorbest"

Frankfurter Sausage $1.00 per tin,

Do.

$11.00 por doz.

Vienna Style Enverge $0.55 per tin.

Do.

$6.00 per doz.

JUST ARRIVED

VIOLINS AND MANDOLINS

ET

MODERN FAMOUS MASTERS

KOWLOON MUSIC STORE

KOWLOON HOTEL BUILDING.

BICYCLES

KOWLOON.

Telephope K711

LADIES', GENTLEMEN'S OR Tandem FOR HIRE OR SALE.

Telephone K711.

fi

NEW YEAR SALE Boys' and Girls' Bicycles Just Arrived.

HANG LEE CYCLE CO.,

19, HAIPHONG BOAD, KOWLOON.

Next to PALACE HOTEL,

The CITROEN.

The Last Word in Car-Economy RUNNING COSTS LOWER.

Less Tyres

Lege Oil

Winter 3 years running 1920-21-22, Grand Prix for Low Consumption.

Cars for Sale:

LEPACK CO., LTD.

.}.50.52, Queen's Rd. C.

in the exports of almost all staples, there plain cloths in China against something

in the neighbourhood of 5,000 in 1914. was increase in imports. There was an increased speculative purchase of fer. In this connection it would be extreme- tilisor in anticipation of a rise in the ly interesting if figures were procurable price of rice, and a big increase was also regarding the production in China of recorded in the importation of wool and Fancy Woven Cloths hoth on hand and raw cotton. To crown all, reconstruction power looms, as it would almost certainly materials, such as timber and iron were be found that these have to a great ex imported in large quantities towards the tent taken the place of several of the year-end,

rolatively dearer imported articles which show decreases on our list; at any rate, reports show that the traffic in these cloths in the lower Yangtsze provinces is always substantial even at times when foreign goods are scarcely being moved at all.

The above remarks, apply equally to cotton yarn, the Indian and Japanese varieties having declined 901,000 piculs while local yarn has increased in con- sumption by as much as 1,305,000 picals.

What is the prospect of the country's trade for the present year? The Nichi Vicki is not very optimistic, The raw silk market of America may somewhat revive, but a report from an official in America of the Kito Dogyo Kuniai (Silk Traders Guild) does not inspire much hope in this direction. The exports silk yarn, cotton cloth and habutne do not give high promise either. The future of the match industry is viewed" pessimis tically, while electric wire and cement, for which some hopes were raised, are inį English yara, which has increased by such big demand at home as reconstruc-9,500 piculs, has been used in the manu- tion materials that there seems to be left no margin for exports. All things con- sidered, the Nichi Nichi saya, Japan will be fortunate if her exports this year roach the same amount as last year.

or

reconstruction

Tha

|

factura of the native Fancy Cloths men- tioned above, the weaving, dyeing and finishing of which is improving in quality; all the time.

in

From the British manufacturer's point of view some consolation may be derived from these figures in the large increase

and Fancy Figured Dyed Plain Cottons, those having become increasing- ly popular in recent years, and the gen eral appearance and workmanship of the Manchester makes being still without serious competitors.

the import side, it is to be expected that goods on which the import duty is either abolished

reduced, materials and foreign rice will be im- ported in large quantities. To make the situation worse, the unfavourable ex change rate will cause a rise in the prics of imports, thereby expanding the sum total of exports. The Government is

It is interesting to note that the goa- devising mensures for the prevention of

eral insecurity and state of banditry exports to the best of its ability, but how throughout the country have not actually evor hard it may try, Japan must import brought about any serious decrease in raw materials and other necessaries, the quantity of cotton goods taken by well as reconstruction materials. Tokyo journal fears that excessive endea the country, the total number of pieces ours on the part of the Government to of cloth and piculs of yarn consumed

of being as follows:- reduce imports will have the effect interfering with the export trade, as a rise in the price of raw materials result. ing from such a course' will make finished good dearer. There is no panacea for saving the situation. The best remedy lies in combined efforts among the whole people to discard luxurious habits, con fining the imports to raw materials and machinery for manufacturing purposes, concludes the Japanese pafici.-Jopen Chronicle.

THE AIR COMBINE NAMES OF GOVERNMENT DIRECTORS.

Cloth

Yarn

.

1914

1999 Pieces 12,278,502 11,927,301 1,795,242 2,027, 425

HONGKONG METEOROLOGICAL

REGISTER.

GRAN

Hongkong Observatory, January 31st

Previous On Date (On Date

Day

86

mt

功

at p..

6 Am. 1 pm,

Barometer Temperatures

30.0%

30.01

99.95

61

62

B3

94

E

East

F'orca

3

4

and amd

0.00 0.12

63

61

The Air Ministry recently announced Hamidity that the agreement which has been enter-Wind Direction ad into botween the Government and the British Foreign and Colonial Corporation, Weather. Ltd., for the establishment of an Imperial Baix

+wi

10

PAR

0.00

Air Transport Co. provides for the Highest open-air Temperatura on 30th appointment by the Government of two Lowest open-air Temperaturs on 31ss directors to the board of the projected

company.

The Government has decided to appoint

chairman

Sir Herbert Hambling, deputy HC. E. WARREN "CO., LTD,

of Barclays Bank, and

formerly Financial Secretary to the Treasury, to be the Government directors, subject to the satisfactory flotation of the company, and they will join the board after the allotment.

SANITARY ENGINEERS MONUMENTALISTS, &c.

OFFICES 98A, Wanchai Road, 'GODOWNS.

The new enterprise, in which four com- panies are to be merged, is to have a capital of £1,000,000, nad will receive

Government subsidy of £1,000,000, No. 169. sproud over 10 years,

+

HONGKONG SHARE MARKET

19 OLOBING QUOTATIONS

JANUARY JINT, 1924 Hongkong and Shanghai

Banks na paused $1,150/1,1,58 88.

Union Insurance

„1236 6. &'sa.

Douglas Steamships.......157

Ha

Ferrics C. & M. Steamboate 848 b.

....108 b. 07 ra. Star China Sugars 0

1970 Kowloon Wharves

Docks

Docks

Hongkong Lands

$181 b.

107 b. 168 sh. Tie. 90 b.

Wharves.... ...Tis. 1771 b

$1084 b.. 1061/107.

$20 b. The 121 b.. (38) b.

Hongkong Hotels

Ewo Cotton

Cements

Hongkong Bopes

$68 b.

$974 b.

China Providente Dairy Farms an

$24, b. Waterbonts

$17 Hongkong Electrice.......$33) b., 33) sa. China Lights

b., 17 xa. Hongkong Trams anni.327į ,97; ta. B-Ayers; sellers; sa—sales.

HONGKONG.

ALL KINDS OF BUILDERS' REQUISITES IN STOCK.

Soil, Vent and Rain Water Pipes. Floor and Wall Tiles. Baths, Basins. Bath Fittings. Waterheaters, for Gas, Oil or Coal Fuel. Also A Few Chip Heaters.

OPEN AND CLOSED GRATES. COOKING

RANGES. ESTIMATES FREE FOR ALL BANITARY

INSTALLATIONS, HOT WATER SYSTEMS, &C.

GENERAL BEPAIRS PROMPILT ÅTTENDED TO.

Specialists in Monumental Work-Cut in Italian Marble or Hongkong Granite.

UST RECEIVED: A SHIPMENT OF ITALIAN MARDLE FLOOR TILES," Prices da Application."

"ARTIFICIAL WREATHS FROM 8" to 18" DIANITER IN STOCK.

[1458

Dirt

in Solution

Extracted

****

from Buo

posedly Cleaned Garments

DO NOT TRY TO REMOVE DIRT, STAINS.

ETC., WITH

A BRUSH.'

You Don't Clean Soiled Handkerchiefs

with_ Clothes Brush.

QUR DEYCLEANING PROCESS WILL ENSURE YOUR CLOTHING BEING FREE FROM GERM, DUST AND OTHER DANGEROUS, MATTER, WHICH WINTER GARMENTS GATHER WHEN WORN.

EVERY ARTICLE THOROUGHLY STERILIZED WITH LIVE STEAM WHILE BEING PRESSED.

SATISFACHON ASSURED,.

STEA M

LAUNDRY HEAD OFFICE and WORKS, YAUMATI. Tel K32 HONGKONG DEPOT:16, Stanley Street, Tel 0 1378

62, Praya Eas KOWLOON DEPOT 19, Canton Bood. CANTON, 18, 'Sharki Central, Eart. KOWLOON HOTEL DEPOT.

MATSUMURA,

6. | Arsenal Street, Hongkong,

DEALER IN GENUINE

ART CURIOS

Ansient and Modern. Successor to Nikko

Writs or Phone or complete PRICE-LIST.

Artistic Gold, Silver, Bronze, Damascene, & Lacquer Wares, Satsuma Porcelain, China Tea Services, Embroideries, Silk Lampshades, etc.

GREAT REDUCTION SALE

ALL KINDS OF LADIES' FANCY GOODS

including Swatow Drawn Work, Canton Embroidery, Hand-made Laces, Ivory-ware, Beaded Werks, etc, ete.

DON'T MISS THIS OPPORTUNITY,

CHINA DRAWN WORK CO.

To think of"

to think of

(YUEN CHEONG)

40, Queen's Road Central.

SEA-GRASS and BATTAN FURNITURE that will give you the Utarost SATISFACTION 22 every point of EXCELLENCE is

"DO BE CHAIRFUL

99

COMPANY

51, Queen's Road Central

Makers of Furniture, the QUALITY of which has long

been accepted by knowing Furniture-buyers as the STANDARD OF MERIT.

"

PIANOS FOR SALE OR HIRE,

TSANG FOOK PIANO COM

TEL. 2127.

Sday Wantuar EOAD,

PERFUMERY

Manufactured by

RIGAUD, PARIS.

"AIRE EMBALSAMADO"

MARY GARDEN'. “HORA CABIÑOSAL "DULCE MIA"

*LILAS DE RIGAUD”

Obtainable frome.

SENTA

VICENTE ATIENZA,

18, Nathan Rd., Kowloon, Telephone K155,