1924-05-29 — Page 3

Page

THE UNITED ASBESTOS ORIENTAL

Frol Central 296.

AGENTS - FOR

AGENCY, LTD.

Queen's Building

BRIGG'S BITUMINOUS ENAMELS & SOLUTIONS.

SOLE AGENTS FOR

·UNION'

ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS

FOR SHIP'S BOTTOMS,

QUEEN'S

THE

THEATRE

PLEASURE HOUSE DE-LUXE

Commencing 27th to 29th MAY,

at 5.15 & 2.15 p.m.

MAE MARSH

IN

"THE FACE IN THE DARK "

At 230 & 7.15 p.m.

BRIDE

“13"

"Espisode 7 & &

USUAL PRICES,

BOOKING AT THEATRE

BICYCLES

Telephone K711-

LADIES, GENTLEMEN'S OR TANDEM"

FOR HIRE OR SALE.

HANG LEE CYCLE CO.

Telephone K711.

2. FAIPHONG ROAD, KOWLOON. Next to PAZAR HOTEL

The Convenient Route to Europe

Senila to Sende er San Francisco

All, from Yokohama, Kobe, Shanghai, Hous

cross America by rail and sail from New York to Plymouth, Cherbourg, Southampton or Bremen via the United States Lines.

Investigate this new last route to Europe today —-special through rates. Through reservations. UNITED STATES LINES Agents

1 Dec Tửus Road, Rongior.

ADMIRAL ORIENTAL LINE

PACIFIC MAIL STEAMSHIP COMPANY.

· Chren's Bejlaing, Kolltung," AGENCIES IN PRINCIPAL CITIES MA

Managing Operators for U. S. SHIPPING BOARD

BARDINET

LIQUEURS.

Nothing Like It.

OBTAINABLE EVERYWHERE

SOLE AGENTEN

1. RUTTONJER & SON.

ERUPTIONS OVER CHILD'S HEAD

Also On Face. Could Not Sleep For Itching Pain. Cuticura Heals.

**My Ilule daughter was struck co the nose and an eruption started which, aprend to parts of Ber frco, and finally over bur head. It was of a wet bature and the child could not sloup for the itching pain. looked as thought she would be dis Sgured for life.

She

I

Kuwiens, fog a free sample of Cuticura. “Soap ääd Ointment. purchased, more, and after using three boxes of Ointment, with the Soap, abe was healed." (Signed). Mrs. M. O. Cassidy. 2. Elm Rd, W. Daby St. Liverpool, Eng.

These fragrant emollients are ali you need for all tellet purposes. Boy 10 C

·Ointment to heal."

Soen 14, Catrowat 11.34. and Zi. Gil. Sold

160TM Caticorn Scam skates withner VIRALJ

HONGKONG DAILY PRESS, THURSDAY, MAY SMITH,

SHANGHAI PIECE GOODS CE WARREN CO., LTD,

MARKET.

THE BIG" THREE"

A special correspondent writes from Shanghai to The Times Trade Suppie Imoat that cotton goods from the biggest sisse of foreign manufactures consumed by the Chinese, and Shanghai is the chief market There the bulk of the business is at the auction sales. Thuso auctions are held weekly by three big arms Maitland & Co. Ltd, Probet. Hanbury &Co, Ltd., and Jardine, Matheson & Co., Ltd. Maitland & Co, own locally as Tuan Fong, bava dons their piece goods business in this way for half a century or more. Probst, Hamburg) whose Chinese name is Kung Ping, began aus- tions about 1910, and Ewo, the Chinese. name of Jardine, Matheson, about 1850. Maitland's is the most important of the three, and takes place every Thursday, in all conditions," good, bad, "er ins different, aid they sell, without reserve, putting up to auction as far as possible the "samo" quantity week in, seek out.

SANITARY, ENGINEERS. MONUMENTALISTS, &0.

OFFIC98A, Wanchai Road. GODOWNE.

se bananas TL, No. 269.

ALL KINDS

HONGKONG.

BUILDERS

OF REQUISITES IN STOCK, Soil, Vent and Rais Water Pipes Floor and Wall Tiles Baths, Basine, Bath Fittings Waterheaters for Gas, Oil or Coal Pool, Alao A Few Chip Haters,

OPEN AND CLOSED GATES COOX170

Rasaza.

ESTIMATIS FREE FOR ALL SANITARY

Installations, Hos Wares

States, &c.

General Kerates · PROMPTLY ATTENDED" TO

23

Specialists in Monumental Work-Cut in

MARBLE FLOOR TILLS, " Prices on Applicatica ARTIFICIAL WEFATES--FEUM -8° to 18"

(1458

In this respect their mokhoda differ from | Italian Marbis or Hongkong Granite, Ewo's, for Ewo withdraw good when the prices bid do not suit them. Another Jar RECEIVED A SHIPMANT OF ITALIAN characteristic feature of Maitland's 'au tion is that all the goods put up for sale are their own, whereas at the Kung Pins or Ewo auction consignment goods arO included. The three auctions together i (kung Ping's takes place on Tuesdays, Ewo's on Wednewilaya) represent a large propertion of Shanghai's -piece-goods. trado,

Apart from the auctions, business is done in two way, merchantwise" and "indentwise. The sales to the Chinese are generally made in sterling, and tha settling of exchange is their respon- sibihty. In this respect Shanghai buai- ness differs from that of Hongkong, where sales are effected in dollars, sod the importing house sottles exchange.

Many regurd Hongkong's method as much more desirable, becanso it elimi nates one element of ris of which there are many in the indent business. They were illustrated in the post-armistice do bacle, when dealers who had cof aettled exchange and found it going heavily against them made no attempt to take up their contracts, a course in which they were helped by the case of escape to Ningo-more-far," a vaguo geographical expression, whica includes the neighbour- ing treaty port of Ningro and any other of the cities or small towns of Kiongah province and the province of Chekiang." The law in China in such cases of default is short-armed." Dealers, disappeared by the dozen, and to invoke the help of the Chinese authorities, in bringing them to

PIANITER IN STOCK.

"The Silhouette'

THE LATEST STILE OF

· BHELL SPECTACLES.

CHINESE OPTICAL

67, QUEEN'S ROAD C.

book was useless The Piece Goods A Startling

Committee of the British Chamber of Commerce set to work to devise a standard piece goods contract, the terms of which are at the time of writing receiv- ing what it is hoped will prove the fand

consideration of the Chinese Piece Goods

'Guild, deb, yang aku tak b

THE NECESSARY · COMPRADORK.

Expose of

Modern Society

Wilkinson's

JEAN VALJEAN

BEST MANILA CIGARS

EX LA PERLA DEL OBIENTEJ MANUFACTURED BY EL ORIENTE. MANILA

Reina Victoria „Perfectos....

Half-A-Corona Corona Bankers

100's $10.78

3.80

4.60

95%

6,50

25'1- 7.25

TABAQUERIA FILIPINA,

88, Queen's Road Central

"GREATER than RUST”

ANTICORROSIVE

Ready Mixed Paints

for Every Description of Iron and Steel Work Large Stocks kept

of Two Shados (each

RED AND GREY

Specify

Wilkinson, Heywood &

PAINTS

Clark's

CO.

põhich command the Largest Alexandra Buildings,

is the Orient

Phone Central 763.

FLAMING

YOUTH

Business, whether done merchantwise or indentwise, is, generally speaking, Banned. bad.p. terms (documents against payment), though in certain ex- |roptional instances d.a. terms (documents) against acceptance, are arranged. Native intermediarios play an important part. The European importers are a mere handful la comparison with the huge po pulation to which they sell, and even i they were able to speak Chinese fluently," it would stil te impossible for them to get into such close, direct contact with dealers as to be able to place thear, size them up, and enter into agreements with them without native help. Hence all foreign importing houses in the piece goods as in other trudes "have native staffs, large or small, of which the prin It is reported that Senator Pittman cipal man is the compradore. In what will soon place before the Backing and ure coming to be regarded as the " good Currency Committee of the Senate all old days, the compradore in Shanghai, data pertaining to his Bill recently intro- like the guarantee brokers of the same duced for the completion of purchases of perind in Bombay, Calcutta, Madras, or silver under the Pittman Act of 1918. The Karachi, was responsible for the business Senator will cadeavour to have such be introduced, and could be looked to inaction recommended to Congress as will the event of default. To-day that is rarely if over the case. Yet the compradore is a very necessary person."

BILENT-BIDOKR).

AMERICAN SILVER PURCHASES.

41

make it mandatory for the Treasury to allocate the outstanding 14,000,000 ozn: of silver: Both his arguments and the arguments of the Treasury officials will. be included. in the testimony before the Committee.

SOUTH

And from All Shipchandlers.

MANCHURIA RAILWAY

Orizating ask Lawns in South. Manonuria and Chorax (Korza) East or Moxuan.

SUMMER HOLIDAY

RESORTS

SOLTH MANCHURIA, AND CHOSEN,

BOSHIGAURA.-Finnet Seaside Summer Holiday Besort in North China. Five mile from Dairen, but connected with the city by special motor and carriage road and electri tramway, amato Hotel (35 rooms) and 13 furnished bungalows in charming ali garden Bething, Boating, Fisking, Golf, Ternis, Billiards, Uroheats twice a week. -Capital plane for children.

beautiful and selees Seaside Retort in the Far East Two milesfrom Port 3GUNDAI-W+4

Arthur Furmerly the Samauer Reort of the nigh Ruslan officers and officials Yamato Soter and villae and bungalows, mortly with detached servante quarters. Excellant Dg, Wraderini Boerery, Historie Battlefris, Ruined and Diamantled. Forts Miles for Best place for high-class familias

HUD wake and Drives. Abundant Practies Orchestra, įwise a wak

abarming PORT

ARTHUR-Famous for its two neusable Surges and its beautiful landiccke Barbow. Exactly one hour's journey Dairen by express train. Yamato Hotel"; Saficient place of

(16 rooms). of historical and scene Interort to fill a month with a fresh walk or

drive every day. Mdat bealthy and salabrious mat in the Far East, ΚΟΝΤΟΒΑΝ, The famous Diamond Mountain of Korea. A pental Bammer Rowork Firaling Switzerland for climate and noel (10 rooma) at Onsiri and Chosa Hote *En autiful peaks and charming. Omacud wa Grand

nation. Kengosan Hotel

reonporatïve

-(11 rooms) Cho enri, ‚

All under the dareet management, of the SOUTH MANCHURIA RAILWAY CO. Illustrated Booklets and all Information out free on request Applications may be at to the Hotel Managers at the various reports or to

THE SUPERINTENDENT OF HOTEL 8, Trame Department. Cable: Add.: Mastersunde BOUTH MANCHURIA RAILWAY, Dairen. Cade A.B.O. 5th Ed. A1. Lieben,

ALLIES.

All Discriminating

Smokers

In a further letter coming back to the anctions, the writer states "the actual process of bidding, is an exceedingly in teresting thing to watch. Imagine a room 60 feet by 43 feet and a crowd of some 200 Chinese wearning short black jackets, dark blue or brown shirts, and caps ex Japanese competition: (B) to the com- HONGKONG CIGAR STORE LTD

squash" bats, standing below a plat

was 9,977,253 pieces; in 1923 it was 1,080,180, the diminution being due (a) to

form on which is a desk presided over by Petition of local cotton mills.

en Englishmay helped by a Chinese assistant on either side. The English man conducts the, auction in English in the orthodox fashion, with a hammer and the usual professional clichés. The bidders, a large proportion of whom are brokers buying on behalf of constituents in various centres, have all sorts of methods of making their kids known, a lift af two fingers, a nod of the head, the wink of an eye, soinstimes the merest semblancs of a sign: Indeed, there are occasions when a stranger to the "scene mght imagine that the suction was hang ing fire and would certainly be puzzled at the fall of the hammer at a figure reach ed he could, not say how, for he might Havy beard no more than three or four bids and yet the price, at which the prior was knocked down would show that There had been a dozen or more. It is in catching these swift, silent signs that

· Lle skill of the auctionïver lies, and years of practice are behind such an auctioneer, for instance, on Mr. C. M. Bain, of Maitland's." The bidding that is vocal is in English and often, of course, the rapid succession of bids, rising above the |hubbub of talk that alinnat invariably characterises a Chiness crowd, no matter what the business in band may be, makes plenty of noise,

Two general and rather important statements may be made about those auctions, done that the volume of tha trade in grey goods is smaller than it used to be; the other that the total volume of European business done has decreased since the war In 1914 the total delivery of European grey goods (Continued on nest column.)

and the

ON SALE

HONGKONG HANSARD REPORTS

MEETINGS of the LEGISLATIVE COUNCIL for the Session 192

Berised by the Members.

S. O. A. E. O.

PRICE

DAILY PRESS OFFICE

THE FAR EAST OXYGEN AND ACETYLENE CO., LTD.

DEALERS and MANUFACTURERE, of Oxygen, -Acetylen

Carbonic Acid, Ammonias, Anhydrous sulpurous gasbe, Carbide

of Calelam, Motor Cyele sootylene tanks, and all no sossary equipment for low and high pressure autogenous welding..

Autogenous welding of all metal by Oxy-Apotylonly and

Eteatris processes.

Boiler Repairs a speciality.

bly Ho, 20, Des Toux Road Central, and Floor

Tél: Central No.: 284N

reflling at moderate prions of all

Cycle sostyisne tanks..

of Motor