1924-04-07 — Page 3

Page

Foamite Firefoam

THE MOST EFFECTIVE FIRE EXTINGUISHER.

SOLE AGENTS FOR HONGKONG AND SOUTH CHINA: THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel Contral 338...

2, Queen's Buildings.

JUST RECEIVED.

A GREAT ASSORTMENT OF

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

THE SWATOW LACE CO.,

Manufacturers and Exporters

OF

LACES, DRAWN-WORK AND

EMBROIDERIES.

172 Queen's Road, Central.

11

GREAT REDUCTION SALE.

OF

SWATOW DRAWN WORK

SILK EMBROIDERIES MAR-JONGG SETS

AND

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 K711-

16, Des Vœux Road Central.

BICYCLES

THE HONGKONG DAILY PRESS, MONDAY, APRIL 7TH, 1924

LADIES' GENTLEMEN'S OR TANDEM Telephone

FOR HIRE OR SALE.

K711.

NEW RACER JUST ARRIVED.

HANG LEE CYCLE CO.,

, HAIHONG BOAD, KOWLOON.

Next to PALACK HOTH,

Would the

woman who fooled

herself play with one man's love

for another man's game?

The

CITROEN.

The Last Word in Car-Economy RUNNING COSTS LOWER.

Less Tyres

Less Oil

Winner 3 years running 1930-21-22. Grand Prix for Low Consumption.

Cars for Sale:

F

LEPACK CO. LTD.

60-52, Queen's RL, C.

CHAMBER OF SHIPPING OF THE UNITED KINGDOM. QUESTION OF STATE MID.

TRADE. OCTLOOK FOR WORLD

The forty-seventh annual general meet ing of the Chamber of Shipping of the United Kingdom was held on February gand at the Leatheretlery Hall St. Helen's place, Londen, B.C.

.

Sir Alan G. Atterön, K.B.E.. was elected president for the ensuing prary and Sir Norman Hill, B., was appointed vice-pesident.

and we lind not reached settlement by rea- HOD. We might be permitted to hope that the Labour Covernment, with its special knowledge, would haịp us forwani în tâm. right difcetion,

INTERNATIONAL TRADE.

overy

He had spoken first of the surplus tou- huge, because it was the one of the two manu factors governing the freight märken about which, they had positive knowledge. The other factor was the world's business. White signs existed that in this great uation of our and in the world trade had tauched hottom and was beginning to im prave, a white we right hope that a aial adjustment might being about a wwift recovery in other

great commuitas which The new president, in the coure of his from the world's trade by bankruptcy, the were at present practically excluded address, said that the depression when health of international trade was still pr gan so suddenly a 100 still prevail. With all respret, however, to the opinions. If the patient were kft to him

self he should pull through, but if an expressed a year ago by Sir Ernest ditover attempt were made to hasten his (Sir Alan's) view was that there was be a definita bottom to dry aby of badrong licin or magical pattern, freight, and that they had now tenched dangerous relapses must be expected. Shipowners who had had such hard experi bottom. When laying-up point was reache esi freights would not drop further reser from time to time the irruption of

Governments expense, fell, and freight in 1923 only fell onents of various nations in trade

unite in hoping that the Gover 4 per cent, below those of 1922, because on

ments of the world would endeavour, to the average of the year, there was a arrange the ad would then, leave. the Ghaner for interuitiom? trade- Jrag in expenses, There had been," Anal still was, a redundant fleet of vels in international commerce to work out the all countries, ready at short notice to put result, (Cheers), to sen when freights rose, and, by flooding Sir Frederick W. Lewis, Bt., pripo-el the market, to bring about an immediate

a resolution expressing appreciation of the relapse of freights. The world's tonnagestops taken to prove part facilities lash up in July, 1924, exceeded 2000,000

throughout the country, and the hope that tens gross, and July 1923 8.000.000

inmediate effect, would be given by the tans Kru Th

connage laid up in the Fort Authorities to the saggestions, mad was coming into service

to this end, and urging that every effort rather more 1,500,000 tons grosa in January. The to dues charge, and expenses. He said it 1,008,000 tons gross in January, 1924. In was rather humiliating for shipowners the late autumn of 1953 there were the greatest shipping country in the work signs of an improvement in the general trade of the world and in the demand for to see the criticisms which had been made tonnage but the world's tonnage was still in the existing facilities and auditions, in

our ports, and the

as compared After so long a depression one's eyes with the porta of our Continenti neigh-

!com. and sibly for that reason

by their own experimer. They -on-the-horizon-than-a-year-ago-Aso felt that there might be cases where the, whole, the British mercantile marine had Government could render help by grantwor up to date weathered the sterm

ir

T-

- 44'1

United Kinglor: it had fallen from shunild be made will further to nadie port |

of

far in excess of the world's business. time occupied in dischar ** expensă ane!

ured to

it was easier to see a few more spots of light ciss which,, were, of course,

זות

loans.

resolution was proonded by Mr. David Jones, J.P., and carried unanim onsle.

arily few casualties, and, without

to appear too hopeful or to ep courage anyone to specukite on an early return to prosperity, there was wvidonge Sir Ernest Glover. Bt., moval a re-olu- that their position was improving, anel that they hail profited by the med eine of Majesty Government should sack to expresing the opinion that his adversity.

assets had suffered no veure confirmation he Parliament of the Their sharp decline during the year; in fact, the rent the Denision representatives for which their predecessors cost of new tonnage touched bottom, in the

jointly "hutumn of 1922, and had shown, a tendency i were responsible,

to rise, but the orders which had come to erial shipbuilding during the year were mostly if, after such elaborate arrangements had for biners or special aerviers, and few for been discussed, and after mutual agree

fres" cargo vessels of the ordinary type. ment had been arrived at, . change of Government should involve the cancellation of everything, it seemed to him that our kinsmen oversens would in future regard

IDE

SURPLUS SHIPPING,

in

at the recent Im

. He said that

a pure waste of time to come here to discuss business

The resolution was aronded by Sir Kenneth Anderson, Bt., K.C.M.G., ant

unanimously, passed

Further resolutions were passed welcom

Speaking of surplus tonnage, which was gre of the two main factors governing freight, it was interesting to note that uo kas than 7,500,000 tons or 12 per cont. of the world's tonnage, was over twenty- Sve years old, and that 4,500,000 tons, or over 7 per cent of the world's tonnage, consisted of ships built in the U.S.A.. dar-

the war which were now lait .S. Government had been av up then the movemen: for international co- that operation among business "orgarations the greater part of these ships could with a view to securing dae weight being not ever engage in commerce with success, given to business views in the considera The returns of aid-up sonnage, therefor of comic and commercial questions

tion by Governments of different countries were not quite so formidable as they see

expressing appreciation of the action of ed, and, as individual shipowners hd exity Lovernment in obtaining the learnt to their cost that the sooner thinsertion in the Finance Act, 1923. of a pro. broke up an obsolete and unprofitable. hip the less money they lost, so he hoped they might without improper ety suggest to the OWBEES this immense mass of obsolete or

s of unsuitable tonnage that they would be do ing not only the world but themselves a

if

vision enabling them to effect reciprocal arrangements with foreign Government for the exemption of shipping profits from income-tax, and also with regard, to the desirability of securing a greater measure general shiphe they gave fail employment to the of international uniformity

average praétion.

HOT Vice

He noticed that in their last days the late Government started lending money to

in

shipowners or shipbuiders on easy terms C. R. WARREN CO., LTD,

in order to bring about employment in shipbuilding centres. While sympathising with the anxieties of shipbuilders, masters and men, be felt sure that the best-in-

FANITARY ENGINEERS MONUMENTALISTS, &0.

GODOWNS.

TEL. No. 269.

HONGKONG.

formed among them would agree that it OFFICES & 98A, Wanchai Road. was dangerous to apply this artificial stimulant to the shipbuilding trade in its present condition. If shipbuilders and shipowners were left to work out their own salvation according to the seqnomic laws. the orders for ships would gradually in crease, beginning with special stem and extending as owners gained the im

Soil, Vent and Rain Water Pipes. Floor Bath pression that the ther of lowest prices was and Wall Tiles. Baths, Basins. going past: but if shipowners, who had Fittings. Waterheaters for Gas, Oil or had such severe lesions of bad trade, due Coal Fusi, Also A Few Chip Heaters.

to an excess of ships in the world, grincu the impression that their business

way to Gov.

tu

be made a cockpit for that

ernment activities, it seemed

every

ship that way built before its time by Government action would postrome a Sou

or more other orders which would otherwis have been placed if the Govern ment had kept quiet. At present 1,000,000

.༥༥ tona of our ships were idle and 25,000 of our wamen. Every economy in working, design of ships, every improvement in

every removal of an unnecessary restric, tion on trade, brought nearer the good time of full emp

employment of men and chips.

disturbance of

of industry, every thrown on sea transport postponed such recovery. Our Aimes and our ships would be fully employed when the world ceased to quarrel and settled down to trade, in speaking of labour thore

present would wish him, he thought, to give their welcome to the first Labour Government.m

Shipowners in the management of their business had to accommodate the divergent. views of expital, alunar, and their custom- ers. They settled somehow with capital and their customers without disturbing the general industry of the country. When expital embarked in thips, for ex- amb, had to forego its return 5

bad unfortunately happened so often during the last three years, it might be difficult

"ALL KINDS OF BUILDERS'

REQUISITES IN STOCK,

OPEN AND CLOSED GRATES, Cooxiso

RANGES.

¿

ESTIMATES Farz ros ALL HANITARY

INSTALLATIONS, HOT WATER

SYSTEMS, &c.

GENERAL REPAIRS PROMPTLY. ÅTTEKÜRD TO.

Specialists in Monumental Work-Cut în' Italian Marble or Hongkong Granité.

JUST RECEIVED: A SHIPMANT or Italian MARBLE FLOOR TILES. Frices on Applicatica. ARTIFICIAL WREATHE-PROM 8. to 18" DIAMETER I Brook.

[1458

1.

ALLIES.

All Discriminating

Smokers

and the

raise fresh capital for similer shipping in- HONCKONG CIČAR STORE LTD.

watments, but other industries could hor- row, as freely as before on their merits. When their customers complained about the conditions of carriage of freights, ship- owners contrived to satisfy them without puting down the pillars of the temple af |British trade. But when a difference 12064 loat wages in aur section of one trade. for example, the drivers of lecomo- www. Liver

doe's Tabourers-ly whole of British industry paid forfet. Capital, labour, and their customers all had a com- man interest in the success of our oversea trade, but that success was gravely in

[63

When in doubt about your sys" '

or your glasses Consult

CHINESE OPTICAL CO.

Eye-sight Specialists

perilled by the present methods of settling 67, QUEEN'S ROAD CENTRAL

wages in British industry. We bad inft behind us mettlement by Tarctional strike,

Hoagkon

GREAT REDUCTION SALE

ALLĖKINDS OF LADIES' FANCY GOODS

including Swatow Drawn Work, Canton Embroidery,

Hand-made Lace Ivory-wars, Bonded Works, etc., etc.

DON'T MISS THIS OPPORTUNITY,

い

:

CHINA DRAWN WORK CO.

To think of

(YUEN - CHEONG)

40; Queen's Road Central

SEA-GRASS and BATTAN FURNITURE that will give you the Utmost SATISFACTION in avary point of EXUELLENCE is

to think of

"DO BE CHAIRFUL" 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.

M. Y. SAN & CO., LTD.

PRESERVED CHOICE ELS CATED DEST YOUNG STEM GENGER THIS SIDE UP WITH CARE MY.SAN & CA

MADE IN HONG KONG

MANUFACTURERS

OF

BEST PRESERVED

STEM CINCER.

HONG KRAS

HUNG XÔNG

HEAD OFFICE: No. 99 to 100 Queen's Road Central FACTORY: Canton Road, Kowloon.

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

THE "ALL PURPOSE"

&

NO TROUBLE"

MARINE

POWER UNIT.

ALWAYS IN STOCK.

MARINE

"AILSA CRAIG MOTORS

LIGHT and HEAVY DUTY

ArtSA CRAIG KID" 10-14 B.H.P.

6 to 45 B.H.P.

FUEL CONSUMPTION 307 & GALLON KEROSENE PER HOUR. -THE IDEAL ENGINE FOR BOATS PROM 16 PT. 20 45 PT. 13 LENGTH,

COMPLYING WITH THE BOARD OF TRADE AND LLOYD'S REGULATIONS.

APPLY TO

SIMPLICIT AND SILENT. ROVNING. MAX Altså Űraid EnGINES

Messrs. DODWELL & CO., Ltd., BUTABLE FOR FISHING BOATS

QUEEN'S BUILDINGS. FOR FULL INFORMATION.

SAILING YACHT EIVER LAUNCH CRUISING.

PIANOS FOR SALE (OR HIRE,

TSANG FOOK PIANO" CO.,

TEL. 2127.

944, Wanchai Boad,

PERFUMERY

Manufactured by RIGAUD, PARIS.

Lilas

AIRE

EMBALSAMADO"

MARY GARDEN"

HORA CARITOSAL

DULCE MIA".

"LULAS RIGAUD'

RIGAUD

Obtainable from..

VICENTE ATIENZA,

TEL. K. 155.

18. NATHAN B., KOWLOOK.