Page
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
Tel. 'Contral ́936,
AGENTS FOR
THE HONGKONG DAILY PRESS, THURSDAY, MAY 2ND, 1921
2, Queen's Buildings,
BRIGGS BITUMINOUS ENAMELS & SOLUTIONS.
SOLE AGENTS FOR
UNION
ANTI-CORROSIVE and “ANTI-FOULING
-COMPOSITIONS
FOR SHIP'S BOTTOMS.
QUEEN'S THEATRE
PLEASURE HOUSE DE-LUXE
COMMENCING
TUESDAY, 20th, until THURSDAY, 22nd MAY,
at 7.15 & 9.15
PIIL
CHEFALO & PALERMO
PICTURE SHOWS
at 5.15 & 9.15 p.m. STARRING
AL. LINCOLN
IN
"DETERMINATION"
At 230 & 7.15 p.m.
"13"
BRIDE
Espisode 3 & 4
ADMISSION:
pam 6:15 p.m.
7.15 p.m.
BOX (to hold 6)
$7.20
$9.00
$12.00
DRESS CIRCLE
$80
1.00
1.20
STALLS....
.50
.70
80.
.30
.40
40
2nd CLASS
9.15 p.
$15.00 €2.00 1.50
.80
UNUSUAL OPPORTUNITY for A SHORT TIME ONLY
A Select Assortment of
DRAWN WORK
AND
LACES
At 20% BELOW ACTUAL COST
AT.
DO BE CHAIRFUL" COMPANY
"51, Qusea's Road Central
CAMMELL LAIRD & Co., LTD. Controlling THE LEEDS FORGE CO., NEWLAY WHEEL CO., Fl. Birkenhead, Sheffield, Nottingham. Birmingham..
Leeds. Penistone and London:
"
PASSENGER, CARGO & WAR SHIPS. MARINE ENGINES. & BOILERS.
CRANK SHAFTS, BOILER PLATES, SHAFTING,
18 PEKING ROAD, SHANGHAL
The Convenient Route to Europe
ATL from Yokohama, Kobe, Shangha, Hong
S Kong or Manila to Seattle or San Francisag
cross America by rail and sail from New York to Plymouth Cherbourg, Southampton or Bremen via the Umied Stres Linta
Are Investigate this new fast route to Europe today
special through rates. Inrough reservations. UNITED STATES LINES Agents ADMIRAL ORIENTAL LINE
4, Dez Yumus. Hand, Herglong, PACIFIC MAIL STEAMSHIP COMPANY
AGENCIES IN PRINCIPAL CITIES
Managing Operators for U. S. SHIPPING BOARD
THE BANK OF TAIWAN, LTD. beginning of the half-year under review and this was maintained for a while by the export of raw silk and the sale, ly "A" PROSPEROUS YEAR..
the Government of the spacie it possessed abroad. After September 1st, however, DESPITE JAPAN EARTHQUAKE AND the export of silk suddenly decreased and
BUSINESS DEPRESSION,
wh
the import of reconstruction materials reached a large amount, in spite of the The following abattuets are taken from fact that exebange banks issued letters uf credit cery_sparingly, The funida-ro. the dreng delivered by the President quired for the settlement of the balance at the 13th general meeting of share of trade reached an enormous amount, while there was almost no offer of export holders of the Bank of Taiwan, Ltal. --
Liills on the market. The rate, therefore, The general economic situation--nt i felt down to Big towarifs the close of the Japan at the commencement of the second year hall of 10 showed-no-signs of improve ment. The grunt earthquake of Septem bor 1st, and the devastating rondage tion that followed inflicted astounding damage upon the country. To minimize this ruinous influence upon the economie world, the Government declared a mora torinu lasting for one month and when it expired on October 1st, offered Y, 100,000,000 ns a guarantee fur rug loss the Bank of Japan nas ultimately sustain in discounting bills held by banks in the devastated districts at the time of the catastrophe. These timely measures saved the situation from falling into thana
the rupee-rate registered its highest in the middle of Laguse at Rs 1015 at. since then the lever of activity introduced into the expert-trade of Indin by the rise of American cotton prices brugght down the exchange to Rs 14s at the enil of the year The exchange on Java, which hovered about 12 guillers in the early to 1967 guilders in the month of Septon part of the half-year under review, foll her as a result of the continued trade with her and the weakness" of unfavorable. face of Japan's trade with her and the weakness of Japan's exchange on Now York The subsequent full of the cross- rate and the bad sugar tride sent the The foreign trade during the first half | Java exchange in the wildle of Novem- of 1993 showed a large excess of imperts her up to ini), guilders, from which level over axports. In July and August the¦ a second full to below! 130 zuilders clažed trend of trade showed a little sign of the year. The price of silver, during the improvement, but the September calam, early part of the half-year, fuetuared ity, as is to casily imagined, his within a narrow range of 3 reflecting in I thrown it to the winds.. The prospects every movement manipulations of rapidly changed. The export of raw silk, indian, and Chinese. Gatziers. At the cotton yam, and silk goods deer wed end of the year it rose to L11-16 with immensely on the one hand, whores the the fall of the sterling valug in the dollar, import of the materials necessary for the | The exchange on Chim, influenced also rosque and reconstruction of the devastát by the weak value of yen, accordingly edistricts increased greatly un, the trod a downward path for the latter part other. The bigh price of raw cotton was of the half year.. another factor to enhance the amount of imports. The exports during the half year under review amounted to. Y.723,058,000 (excluding Korea and For- that throughout the terms under review, mosa) against imports of Y.875,937,000, which began with a profound business the excess of imports over experts being depression and ended, it might be said, Y.142,300,000 Compared with the figures with justice, with post-earthquake einer for the corresponding period of the pre-gency measures of succour and restoration, vious year the exports showed a decrease cur Bank suffered no impediment in actunt of Y.188,450,000, and the imports an in- business and was even enable to initiate crease of Y.01.333,000. The total excess an improved management. In Formosa, of imports over exports in the whole of our Bank's operations were still aimed 1993 amounted to the enormous figure of at readjusting various industries and Y.36,948,000, and that of invisible exports facilitating the supply of funds for com over imports to about Y.179,000,000.
mercial purposes. In the mainland wo
4
BANK'S PROSPERITY?
In conclusion it is gratifying to note
XEGISTERED TRADE MARK.
CHAMBERLAINS COUGH REMEDY
OUILER
Coughs Colds
CROUP.
WHOOPING CAMPING, NDARSKEM
SORE THROAT,
·ŽARIMENT CONTEMPTION THROAT and LONGS.
Mancherial Medicina da
Ciao Makuuh. Sota, ILBA
› SMALL SIZE
JEAN VALJEAN
CIGARS
BEST MANILA
MX LA PERLA DEL ORIENTE. MANUFACTURED BY EL ORIENTE,
***MANIKA
Reina Victoria Perfectos
Half-A-Corona-
Corona. Bankers
-100's310.75
25's 3.90
"460
$.50
7.25
TABAQUERIA FILIPINA,
38, Queen's Road Central.
Chamberlain's Cough Remedy
Cures Coughs, Colds, Croup, Sore Throat, Hoarseness, Bronchitis, Whooping Cough and all
Throat Diseases.
Sold Everywhere.
MANCHURIA
RAILWAY
OPERATING ALL LINES IN SOUTH MANUKURIA AND CHORxx (Korra) KASY OF MYEDAN.
SUMMER HOLIDAY
Before the earthquake, the general freely bought export bills of exchange SOUTH money market was rather quiet, though while restricting the issue of letters of there was a local run on a small scale needed for the purchase of necessary erclit to cases where such were absolutely After September 1st, baaks assumed a very cautious attitude, in their business supplies. In China. and the Dutch and Short money was free to obtain, but long British Indies, we continued to render credit almost disappeareil from the mar-legitimate assistance to all healthy busi- ket. The recovery of credit transactions nesses, with a view to the maintenance was naturally slow. Towards the end of of Japan's conumercial prestige there. the year banks provided themselves with a sufficient amount of cash, the Bank of Japan made louns freely, and the memor -able year passed apparently peacefully,
DEPRESSION IN FORMOSA.
The foreign trade of Formosa has been yourly increasing, owing to the gradual, growth of her staple products. The island's exports to the Motherland and elsewhere during 1923 reached
It was extrcinely fortunate for our Bank that not even one of out employés was A victim to material losses suffered were quite in- the earthquake and the
significant and, particularly, none of its clients was a heavy loser by the disaster. The Yokohama branch was destroyed by the fire, but a new office was at once set up and was ready for business on Septem ber 5th. The branches at Mojj and Kiu- kiang, of which the business had been closed in the term under review, and the consequent alteration of our Articles of Association will be introduced to the next- general meeting of our shareholders.
RESORTS
NO
SOUTH MANCHURIA and CHOSEN HOSHIGAURA-Finest Seaside Sommer Holiday Resort in North China. Five mile from Dairen, but connected with the city by special motor and carriage road and electri tramway. Vanato Hotel (35 rouma) and 12 furnished bungalows in charmir ehf gəzi-a wook. Capital place Bathing, Basting, Fishing, Golf, Tennis, Billiards, Orchestra twice for children's
Arthar. Furmerly the Summer Resort of the high Basalan officers and oficials. Yamsto OGONDA |--Most beautiful and select Seside Resort in the Far East. Two milesfrom Fort
Hotel and 20 villas and
and bungalows, mostly with detached servants' quarters. Excellent Historic Battlefields, Bained and Diamantled Forts Miles fo Wonderful Scenery A
Fiosicing
work. Walks and Drives, Abandant
Facilities. Orahestra. twice place for high-class famines
26.-Fammons
ons for its two ARTHU
two memorable Bisges, and its beautiful landlocke
Bent pa
·Y,198,504,000 and imports Y.110,129,000, restricted for some time past, were finally bont. Exty one hour's journer Lazen by expross train Yamato Hotel (15,mame)
the exports exreeding the imports by Y88,403,000. Compared with the preced ing year the exports show an increase of 10,770,000, and the imports a fall of Y8,900,000. The principal causes are to he sought in the increased exportation to the Motherland of sugar, rice, bananas, alcohol, camphor and camphor oil, and wood, and the decreased import of rice, wheat, flour, sady, and building materials due to the general business depression that prevailed in the island.
Companies in Formosa are still in their period of readjustment. Our.. Bank's note issue during the year averaged Y.33,650,000. being an increase of Y.079,000 over that of the preceding year, owing to the increase of the export of the staple.
ALLIES.
All Discriminating
Smokers
พอd the
products of the band Our Bank's nd- HONGKONG CIGAR STORE LTD. vances to the principal industries feil to Y.253,020,000, à decrease of X.87,000,000 against the preceding year, and the num her of hills cleared in the leading towns of Formosa diminished by: Y.553,000, totalling Y. 198,000,000, being a decrease of 71,000 in number and Y.23,000,000 in amount against the preceding year.
BUSINESS WITH CHINA.
In China the financial situation of the Central Government remained as bad as ever With the consent of the signatory Powers to the Washington Confernce,
PREPAID
WANTED
ADVERTISEMENTS
Letters am lying at this Office for Boxes--YI
Apply Box 2, efo Ilingking the ly
the new tariff of 5 per cent, was put into WANTED-MATSHED in Refrist Bay. effect ge January 17th, which brought a Pres. revenue of The 63,214,000 by the end of
the An increase of Tis. 4,744,000 over The
precedi
year. Chinese sympathy for our calamily of September 1st stopped the anti-Japanese movement in that country and our business with China in the whole year totalled Y,738,000,oon, the exports being T.387,000,000 and imports. Y.340,000,000 (inclusive of Hongkong, and Kwangtung Province). Compared with the preceding year, the total trade rhoan a decrease of Y.12,000,000, the excess of exports over imports having decreased to Y.115,000,000.
Normal conditions of forrige trade are being restared in British India, and our trade with her is now only second to Great Britain During 1923 our exports has reached Y.03,000,000 and imports 1305,000,000, the total being an increase of £49,000,000, due principally to the appreciation of raw cotton. w
In-
The exports from Japan to the Dateli dios during 1923 amounted to Y.76,000,000 and posts to Y.112,000,000, representing a Intl of Y000,000 in the total trade, and anthercase of Y.17,000,000 in the execss of imports over exporta ut compared with the preceding year, which fact is necont ed for by the diminisher export of cotton. textiles and the increased import
EXCHANGE AND SILK
The oxchange on London closely follow 'cll the 'ffuutuations of the cross-raté bé- twcon London and New-York, Là hottom being touched in-Ura middle of July, when it fell to 2013 From this bottom it stendily improved till it was 2420. Th the middle of November, relapsing again to 2à,, 3id, at the close of the year, The rate on New York stood at: 249 -nt the
פים
T
Saficient place of hustorical and scena intervet to off a month with a fresh walk or drive Praying. Must healthy and labione pot in the Far Easte
LONGOSAN,—The famont Diamond Mountain of Korea. A spesial Summer Bours rivalling Switzerland for climate and scenery. Beautiful peaks and charming cascades Orand recuperative nalibes. Longosan Hotel (10 rooms) at Onseiri and Chony Hotel ilt rooms) Cho các
All wider t)e direct management of the St LH MASHURIA RAILWAY CO. Illustrated Facklers and all Information post free un request
Art calichs may le rent to the Hotel Managers at the various resorts or to
THE SUPERINTENDENT OF HOTEIS, Trafle Departmen Cable Add.: MANTETRU. A SOUTH MANCHURIA RAILWAY, Dai en.
·CLET ́A‚BC, 5th Ed. All Liabers.
K711
BICYCLES
LADIES', GENTLEMEN'S OR TANDEM' FOR HIRE OR SALE.
HANG LEE CYCLE CO.,
39, HATHONG BOAD, KOWLOON. Next to PALACE HOTEL,
S. O. A. E O.
Telephone K711
THE FAR EAST OXYGEN AND ACETYLENE CO., LTD.
DEALERS and KASUFACTURERS, of – Ozygen, - hostylenu
Carbonic Acid, Ammoniso, Anhydrous sulpurous gases, Carbide
of Calcium, Motor Cyclo scetylene tanks, and all neouisary.
oquipmçat for lów end high pressure sutoganons welding
Autogezona wolding of all motal - by Oxy-Acory)
Elsatri
Boller Repairs a speciality
Ho, 20, Des Voux Road Central, 2nd Floor
Tel. Central No. 22EL
And
Prompt reźlling at moderate prices of all kinds of Motor
Uyole Boatylena tanks.
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