1924-03-28 — Page 3

Page

"DECOLITE

FIRE-RESISTING FLOORING

(Awarded Gold Medal Franco-British Exhibition)

JOINTLESS. HYGIENIC & NON-SLIPPING Lid by Our Own Workmen on STEEL. WOop or coNCRETE.

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tol, Central 336.

1, Quesa's Ba üldings."

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.`

17a. Queen's Road Central.

GREAT REDUCTION SALE

OF

SWATOW DRAWN WORK

SILE EMBROIDERIES

MAH-JONGG SETS

HAND-MADE LACES IVORY WARE' MANDARIN COATS

All Kinds of LADIES' FANCY GOODS,

Those desirous of obtaining

VALUABLE GIFTS

Should not fail to Visit

| SWATOW DRAWN WORK COMPANY,

Telephone E711

∙M.

16, Des Vœux Road Central,

BICYCLES

'LADIES', GENTLEMEN'S OR Tandem FOR HIRE OR SALE. NEW RACER JUST ARRIVED.

HANG LEE CYCLE CO.,

39, Harmone Rois, KOWLOON.

Next to PALACE HOTEL.

Telephone K711.

Y. SAN & CO., LTD.

MANUFACTURERS

OF

PRESERVED CHOICE ELECTED BEST YOUNG STEM GINGER" THIS SIDE UP WITH CASE

MY.SAN & C

BEST PRESERVED

MADE IN HONG KONG

STEM GINGER.

HEAD OFFICE: No. 92 to 100 Queen's Road Central FACTORY: Cariton Road, Kowloon.

SAN

BRANCHES AT: Manila, Singapore, Shanghai, Canton, China.

The

CITROEN.

The Last Word in Car-Economy RUNNING COSTS LOWER.

Winner 3 years running 1920-21-22. Grand Frix for Low Consumption.

Less Tyres

Cars for Sale:

LEPACK CO., LTD.

60-52, Queen's Rd. C.

Losa Oil

ז י

THE HONGKONG DAILY PRESS, FRIDAY, MARCH 2Stu, · 1024

HONGKONG SHARE REPORT, P.&O.BANKING CORPORATION

i

Messrs. Benjamin and Potts in their we.kly share report say:

The volume of business transacted during the past week has been on a fair scale restricted somewhat by the Settie ment which took place on the 25th inst., but at the close the market shows a tendency to improve, due no doubt to a natural reaction after the negotiation of a large Settlement, and prices are in most cases higher.

Banks-Hongkong and Shanghai Banks have strengthened and are in demand at $1,100. The Lordon price remains un- altered at £120.10 (middle).

Marine and Fire Insurances.- nians have been deal in at 8211/8248. China Underwriters have changed hands at $1.10. Cantons at $713, North Chinas at Tls. 140 Yangtsze's at $27, Chinn Fires at $115 and Hongkong Fires at $555 are saleable, at quotations.

ShippingThere are buyers of Star. Ferries at 886 and Valon Waterboats at B. Hongkong, Canton and Macao Steamboats declined to 40 at which rate sales have been effected. Douglas Steam- ships have been taken of the market at $30.

LIMITED. (INCORPORATED IN ENGLAND 1980) with which is affiliated THE ALLAHABAD HANK, LTD.

INDIA.

ACTHORISED Capstan SUBSCRIBED AND FAID UP ... RESERVE FUND..

£5,000,000 £504,160 £113,000

HEAD OFFICE 122, Landenhall Street, London, B.C. 3.

WEST LONDON BRANCH: 14-16, Cockapur Street, London, S.W. 1.

· EASTERN BRANCHES : Bombay Celeste. Kamoki, Madrau, Colmic, Singapore, bmgang and Shanghai.

Tb Corporation undertakes General Bankis g and Exchange Business of overy descriptes Lod n addition to its Braches has Agencies in a the principal Cities of the world.

0. CHAMPKIN,

Manager. 19, Des Vasar Road Central, Hongkong.

RUSSO-ASIATIC BANK CAPITAL (FULLY-PAID} RTE FUND

***

Bosblow 55,000,000 $6,960, XC

Kap. Th. 1,300,000 1,750,000

CAPITAL CONTEINUTED (AT THE

CHINESE GOVERNMENT

Refineries.-China Sugars have ruled strong and business has been done up to 8. Malabons are wanted at $173.

Oils and Ming.-Benguets have again

Shell" Trausports | ResraVY FUND been placed at Pa have advanced to 94 Kailans at 68/.. Langkats at T. 31. Raubs 3 $3. Troughs at "am Ural Caspians (at 14/- have not moved.

Electrie Companies.-Transactions have been made in Hongkong Electrics at $35 35. Hongkong Trams were nego- tiated at $29 the beginning of the week, laut have since firmed up to $91. China Lights (New) have heen booked at 39. while the (Old) shares are wanted at $144

4

Docks, Wharves and Godowns.-Hong- kong and Kowloon Wharves shew a slight recovery and there are buyere at $100. after transactions at this rate. Hong- kong and Whampoa Docks, owing to forced sales on account of the Settle. ment, receded to 151, but at the close Hongkew buyers are offering $153. Wharves are enquired for at Tis. 1973. Shanghai Docks have declined to Tls. New Engineerings are quiet at Ts, 5.00.

Lands, Hotels and Buildings-Hong- kong Landa have been placed to a fair extent at rates between $120 and $121 and more are wanted at the latter figure. Hongkong Hotels have partly recovered the dividend paid and are enquired for at 820 cum rights. Hoocking Realty's have been placed at 22 while Prince's Buildings at $100 and uphrey's Estates at $24 are changed from last

week.

Cotton Mills-Ewos are asked for at Tis. 11.70 and Orientals at Tis. 5. Shang- hai "Cottons have remained stationary at Tis. Gu

HEAD OFFICE Paris 9, Bus Boudrean. LONDON OFTICE: H, Old Broad Street, EC.,

BANKERS 1

LONDON: Mess Glya, Mills, Currie & Co.)

Societe

Generalo

Favoriser pour Developpement du Commerce et de lader trie en France.

FARIS: Societe Generale pour Favoriser le Developpement du Commerce et de l'Indus

trie en Franco.

Banque

que de Paris of dion Pays-Bas, Lowes Boalete Generale pour Esvoriser la Developpement du Commerce et de Pinda trie en France

NEW YORK: The Irving Bank Celambis

Trust Company

Sax Frumos: The Crocker National Bank

of San Francisco.

▼

BRANCHES IN ASIA 1 Changchan Hankow Manehoal Tentan Chefoo Harbin Newshwang Uramtchi Lairen

Hongkong Peking Yokohama Hajar

Kashgar Shanghai

HONGKONG BRANCH:

Interest allowed on Current Accounts and Fixed Deposits. Terms on syplication. Loon! Bills discounted.

Foreign Exchange ou the Principal Cities of the World bought and sold.

L. BAINES,

MADSHOT,

371

ALLIES.

All Discriminating

Smokers

Miscellaneous.-Green Island Coments were sold to a considerable extent down us low as $32, but since the Settlement sales have been effected at 8331/831. China Providents have been booked to fair extent up to $28; cum all... Flong kung Ropes declined somewhat owing to Settlement influences and business was HONGKONG CICAR STORE. LTD.

'done down to $62 eum all, but have since regaided strength and have been put through at 467. Lane, Crawfords have heen done at $19 hnd continue in request. Dairy Farms have been bought at 823) anal Watson's at lengkong Construe- tions have changed hands at and Developments at 1.1. There are buyers of Canton lees at #7,"Paak Trams at $15 Taxicabs at 84, and Wm. Powell's at 19 and $10 for the Old and New shares respectively.

"

SALT CONTROL IN INDIA. * RESPONSIBILITIES OF THE

GOVERNMENT.

Sir Richard Dane, who was at the head of the Salt Administration in India for nearly a doen years to 1009, and there after was Foreign Chief Inspector of Salt Itevenne in China to 1918, lectured on the manufacture of salt in India under Government morondly to the Royal Society of Arts on February 13th.

and the

(83

When in doubt about your syar or your glasssa Jonsult

CHINESE OPTICAL CO.

Eye-sight Specialists 67. QUEEN'S READ CENTRAL Kongkon

PREPAID ** WANTED ADVERTISEMENTS

Letters are lying at this fies for

Boter-YL

CAN I WEAR THIS ACAIN

WHT NOT GIVE OUR DRY CLEANING SERVICE A TRIAL FIRST?

YOU WILL THEN BE ABLE TO PUT TOUR WINTER

AWAT CLOTHES CLEAN, AND KEEP THE MOTH AWAY, IT WILL SAVE YOU MANY DOLLARS WHEN NEXT WINTER ARRIVES,

MAY WE SERVE YOU?

THE STEAM LAUNDRY HEAD OFFICE and WORKS: YAUMATI, Tel K 72. HONGKONG DEPOT: 16, "Stanley Street, Tel 0 1279

63, Praya East

KOWLOON DEPOT: 19, Canton Road.

CANTON: 18, Sharki Central, East. KOWLOON HOTEL DEPOT.

MATSUMURA.

5, l'ArsenaliStreet, Hongkong.

DEALER) IN

GENUINE

ART CURIOS

Ancient, and Modern Successor to Nikko

Write or Phone

for PRICE-LIST.

Artistic Gold, Silver, Bronte, Damascene, & Lacquer Wares, atsuma Porcelain, China TeaBerrices, Embroideries, Silk Lampshades, etc.

GREAT REDUCTION SALE

·་

ALLUKINDS OF LADIES' FANCY GOODS including Swatow Drawn Work, Canton Embroidery, Hand-made Lace Ivory-ware, Beaded Works, etc., etc.

DON'T MISS THIS OPPORTUNITY.

CHINA DRAWN WORK CO.

To think of

(YUEN CHEONG)

40, Queen's Road Centra.

SEA-GRASS and RATTAN FURNITURE that will give you the Utmost SATISFACTION in svery point of EXCELLENCE i■

to think of

"

ROUND at the PEAK & CHOW POPPY.

Weeks Old Apply-S. P.CA, TH

F

His paper showed that while before the No. 86, 307, Peak. war there was no failure of supply,

[19

there was to margin, and that during T ROOM on Top Floor, 6, QUEEN'S ROAD 10 LET-One Well-Lighted OFFICE the war there was serious shortage, with consequent high prices.

118

THONGKONG METEOROLOGICAL

REGISTER. Hongkong Olmervatory, March 27th.

Envions On Date!On Date

Day. at at 2 pm 6am. 2 pm.

at

Aden sait has | CENTRAL. Apply GANDE RICZ & Co, now largely replaced the import of the ITD. Cheshire product. Sir Richard Dane driticized the present arrangements for discharging the rraponsibiliting "of Gove ernment in regard to salt production.

Lord Meston, who presided, said that the responsibility of the Indian Govern ment went far beyond the protection of the legitimate interests of the producers. They were responsible for three vilal services the supply o the people of Barometer. India of cheap, good, and abundant Temperataru

Humidity xalt, which

of iba оде Was

Wind Direction... imperative "necessitira of the life of

Force the simplest ned humblest peasant Weather... sufficiency for the "cattle of India; and sufficient saline products to provide a baris for the many great chemical Indus tries of the country. There was a time when the taxation of salt was regarded us

most

Rain

*, ***

29.97

20.01

23.DG

48

vik

ev

71

Eart

E v

4

5

0.00 0.00 0.00 Tightent open-air Temperature or th Lowest open-air Temperature on 27th -

the fiscul war reserve of the country. Re-HONGKONG SHARE MARKET

ocat controversies connected with the Viceroy's certification last year of the enhanced duty had made it a political reserve; but it was be hoped that this controversy would not recury, and that revenue from the salt duty would be allowed to take its proper place in the financial resourers of the country.

Sir Thomas Holland considered that the restrictions of the local manufacture of earth salt were irksome and ineffective, as well as hard on the poorest classes, He did not think the cost of preventive moasures was worth the saving in tax, whilst it probably added to the burdens which were generally killing the saltpetre industry. The ultimate object to be aimed at was a reduction of the salt tax, without neccsearily its abolition

CLOSING QUOTATIONS

4

MARCH 27TH, 1924. Hongkong and Shanghai

Banks

$1,180 b. Canton Insurances $715b. Union Insurances

$245 8. Hongko

Fire Insurances $566 b. C& M. Steamboats tu za. Star Ferries Chips Sugar Kowloon Wharves

Lands hotels......

Dairy Farms

Waterboats ............. Hongkong Electrics Hongkong Tram

$284,b..

$169 b.

$121.

cam Eights

$34 20.

325 b $15 b..

28 b.

B-buyers; 4-sellera; sa—tafes,

DO BE CHAIRFUL" COMPANY

51, Queen's Road Central

Makeri" "of Furniturs, 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 CO.,

TEL. 2127.

Sia, Wabimai BOLD,

PERFUMERY

Manufactured by:..

RIGAUD, PARIS:

AIRE

EMBALSAMADO

MARY GARDES"

Milad

DE

ZREKIA

“HORA CARINOSAL "[DULCE MIA"* "LILAS RIGAUD

Obtainable from VICENTE ATIENZA,

18, NATHAN BE, Kawibox,

TEL. K. 160.