1924-11-26 — Page 3

Page

THE HONGKONG DAILY PRESS, WEDNESDAY, NOVEMBER 26TH, 1924

Foamite Firefoam

THE MOST EFFECTIVE FIRË EXTINGUISHER.

SOLE AGENTS FOR HONGKONG AND SOUTH CHINA,

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tol. 'Central 290..

14

1, Queen's Buildings,

QUEEN'S THEATRE.

TUESDAY & WEDNESDAY, Nov. 25th & 26th, at 5.15 & 9.15 p.m. Only

METRO PICTURES CORP.

PRESENTS

ALICE LAKE

IN

"THE GOLDEN GIFT"

A Treasure Story of Love and Ambition. THE KIANGSU-CHEKIANG WAR"

2nd Series

Also by Special Request

"RECENT CANTON DISASTER "

By Pathe-Orient.

PRICES OF ADMISSION:

At 5.15 p.m.-80 Cts., 50 Cts. and 30 Cts. At 9:15 p.m.-$1.20, 80 Cts. and 40 Cts.

Soldiers and Sailors-Half Price to 1st and 2nd Classes.

PERFUMERY Manufactured by RIGAUD, PARIS,

EMBALSAMADO"

"AIRE

"MARY GARDEN"

”HORA CARIWOSAL'

"DULCE MIA".

"LILAS RIGAUD "

RIGAU

Obtainable from

VICENTE ATIENZA,

NAZHAR

Ba, Kowloor.

Tati, K. 155.

STARTING SATURDAY

at

THE CORONET

Happiness must be earned DOUGLAS FAIRBANKS

IN

The

THIEF of BAGDAD

It was born of a poet's dream in Araby and devel- oped by Douglas Fairbanks into a beautiful reality. Nothing like it has ever been attempted; nothing like it has ever been seen; nothing like it has ever been accomplished. Before your very eyes, a Magic

Carpet heas the loven overthehouse tops and into the clouds Winged" Home carries The Thief in dashing fight through the air- great army Ú 7ம் created our of nochingness by the scattering g of Magic Seed. A treasure- house of almost

unbelievablewonders!.

NOT TO BE SHOWN ANYWHERË ELSE IN THIS

CITY, THIS YEARS BAN

RUBBER UNDER RESTRIC- TION.

TWO" YEARS' WORKING..

Messra. Symington and Sinclair have. issued a special report on the rubber market, showing the affects of two years' working under restriction. We make the following extracts;---

The farmers of the Stovenson Restric tion scheme had as their objective the production of a plan which would secure at all times a sufficient suppy of rubber for the world's needs at a price which | would, give a fair remuneration to the producers. It was introduced at a time when, owing to over-production, there was a visible surplus of rubber in exCOSS of the world's probable requirementa. of some 100,000 to 150,000 tons. Naturally the change did not please all buyerů. Their policy, by decreasing reserve sup plies to vanishing point, now seems likely to bring about, temporarily at any rate, A greater tightness than the farmers of the scheme intended.

Should a period of actual scarcity and consequent high prices occur, as it may do in the near future, it will not be tho fault of the scheme but solely of those who in the hope of wrecking the scheme have used every effort to depress prices artificially, and have thus brought the more drastic clauses of the scheme into operation

In view of much anti-restrictionist com. ment it must be pointed out that the heavy increase in 1923 over 1023 is only partly to be explained by the higher price brought about by restriction. The rubber could not have been produced if the trees had not been planted in 1918-1919, when restriction had not even been mooted. It is also worth noting that the rate of) increase shown by the figures for eight! months' output for 1923 over 1992 is 39 per cent., while that of 1994 over 1993 is only 29 per cent. The rate of increase is steadily decreasing, but in the following calculations we have. adopted 26 per cent. as the present rate.

An increase of 28 per cent. for Septem- ber-December 1924, over the same, months in 1923, would give a total output from the Dutch East Indies of 60,000 tons, or 15,000 tons per month. In the first four months of 1924, the Dutch East Indies production was 52,141 tons Again add- ing 98 per cent., we estimate à possible production for the same period next year of 63,000 tons, or 16,100 tons per month.

STOCKS, CONSUMPTION AND PRODUCTION. There is no surplus stock either in the East, or in America, and, with the excep- tion of a small qurplus in the “ Afloat!” the paly reserve stock left for the world to draw on in case of need, is repro- sented by the United Kingdom stocks, Although weekly figures of Liverpool movements are not available, we believe some reduction has taken place, and we cstimate the total U.K. stock at end October as not over 43,000 toɛa.

In our annual review, issued, last February, we estimated a world's con- sumption for 1524 of 460,000 tons, whereof America, 320,000 tons. We consider that the complete figures for 1924 will justify our estimate of 460,000 tons.

A new year for restriction starts on November 1st. The standard production basis in Malaya under the Restriction. Act, for the year ending October 31st, 1924, was about 265,000 tons, and for Ceylon about 80,000 tons. Allowing for an increase of about 6 per cent in Malaya, and about 5 per cent. in Ceylon, we get total standard production basis in the restricted areas of about 344,000 tons for the twelve months, November, 1924, to October, 1925, or 86,000 tons per quarter,

Valuable Qualities

Some things are valuable because they are rare, sir others are valuable because they are good, but it doesn't follow that all good things are expensive.

*

Kensitas Cigarettes are as good as really good cigarettes can be, and they're certainly not expensive. (

The value is in the quality, sir.

Kensitas

·Manufacturer:

the preferred cigarette

1. WIX & SONS - LTD - 1986 PICCADILLY - LONDON · W11 · ENG Whalemate aula: DONNELLY & WHYTE, Distributors for Hongkong 'and South Chin 7 QUEEN'S BUILDINGS Telephone: Central 436.

Jentyn

Obis nadia a Lane, Crawford,

Ltd -Tabuqueria Flipina

Graeco-Egyptia

Toboso Stor

And all high-clust Tobacconista

At 95 cents

per tin of 50

The Day of the Knight is Here !

IT IS THE

WILLYS KNIGHT

Simplest and most trouble-free type of motor ever invented.

It has the most distnctive and gracefully balanced body of any car

in the market.

L-The Willys-Knight car is the four cylinder motored car that makes the six

unnecessary.

The Knight motor is steam principle. The valres a two cylindrical sleeves with rectangular slote or porta which when they register with each other sad the ports in the block allow the ingress and egress of the gases without obstruction. These wine open paarages, particularly on the exhaust aide, permit a more thorough cleaning of the burnt gases from the combustion chamber than any other type of motor, that every ounce of energy available is utilized from the explosive mizture, which gives us each treatendons power

2-It has no valve to grind and no carbon to clean.

The sombustion chamber is completely wastounded by water and an alloy piston noted for its great has radiating qualities is sod so neither the combustion chamber nor the head of the piston gets hot enough to bake the residue from the exposed gases to form carbon while there is still enough heat maintained to handle the explosive mixture affectively.

It is the only type of motor that improves with use..

While carbon can not form in the combustion chamber, still a certain amount of the rides from the best gases works up behind the wide sealing ring in the cylinder head and as this building in proces obtains, it keeps pashing this wesling ring more tightly against the inner sleeve until it completely seals the compression chamber, developing more power with every mile the motor is drawn.

It is the only type of motor that wears in while other wears out.

All parts in the Willys-Knight car are assembled with wide clearance between each other and oil in forced into these clearances under heavy pressure so that the entire assembly is lapping or wearing in on these heavy sims of oil instead of wearing out. In other words, every bearing in this motor is un dil bearing instead of a metal to metal bearing which is necessary in the construction of a poppet valve motor in order to keep it quiet with subsequent quick

wear and noise.

It has eliminated ane hundred and sixty two quick wearing parta necessary in the operation of a cylindered poppet raive motor. There are no hammering parts such as came striking against push rods, pash rods against valve siama, or valve heads mapping back into their seats through the medium of heavy springs, etc.

THE MERCURY MOTOR CAR

Sole Distributors.

59-61, Des Vænt Road Central

CAR CO.

Telephone No. 9771

Head Office: 1st floor, Telephone 1840.

HONGKONG SHARE MARKET.

The production of all areas outside of Ceylon and Malaya (referred to as the restricted areas), and the Dutch East Indies amounted in 1923 to 52,000 tons, and we have estimated for the current} . year. C0,500 tons. After giving estimates at different percentages they state: We estimate that the maximum quantity of new rubber available for consumption in next six months, November, 1924, to April, 1925, will total 212.700 tons. Tak ing consumption at 38,000,toos for two months, and 10,000 tons for four months, we arrive at a total consumption of 206,000 tons, which means that about 23,000 tons will have to be taken from the available reserves. This “means that. the United Kingdom stock would be re- duced to about 20,000 tons, or allowing for a smaller afloat?' to something be tween this figure and 25,000 tona. · Carry- ing the calculation a step further, we find that with a continued price of not less than la. 6d. the March-May production works catat 119,200 tons, and assuming consumption to continue at 40,000 tons per month for May-July we find pro- duction and consumption appróximately balancing with, however, no reserve stocks anywhere for an emergency.

We have allowed only for a very slight increased consumption, but it must be borne in mind that consoption normally increases at a rate of over 10 per cent. per annum, and "1995 may well see a con- sumption of about 500,000 tona. There has been no boom from which a re-actión may be feared. There is, therefore, every reason to expect at least the normal increase in consumption.

CONCLUSION

To sum up, we expect that by the end of April, the policy of restriction will have fully vindicated itself by achieving its first object, namely, the clearing of all surplus supplies. Heleases of 5 per cent per quarter (4,300 tons), or ten per cent per quarter (6,800 tons) will be made necording as the price averages above 18. 3d., or above is od. The full object of restriction will not be achieved. until the consumption has grown suf ficiently to allow & fall output again, but so long as the Restriction Scheme is in existence to check any accumulation of surplus stocks, such as might be caused by a temporary set-back in trade, the natural and regular increase in con- sumption should make this possible in the next gese or two.

ULOSING QUOTATIONS.

ovkakak 257x, '1924.

Hangrong and Shanghai

Canton InsuTRADER Union LagarS-3000

$1,170 b.

stub.

121260 h.

Hongkong Fire Insurancos $660b. Doggins Steamships. HK, O. & M. Blambota14b.

Star Ferries

15. Chine

Sugar

896 201 Langkat (Combined)... The 184 nominal Kowloon Wharves

Whampos Docks *** $1513/ $152

Docks

How Engineerings...... Hongkong Lands Hongkong Hotels Humphreys Extate Two Cotton Mills,.. Shanghai Cottons Cementa Hongkong Ropes Obina Providenta......

Farm Dairy Waterbosts

Watsons Hongkong Electrics China

Laghta Hongkong Trams. Feat Tramways...

Shell

The 994 b.

T 195 b.-

Tia, 93 be

$18) sa. (old) & (now)

Th.114b.

Transporta buyers; vielle

Tis.57 com.

(old), $6 (new)

b.

WHAT IS A COMMUNIST!

The following timely quotation is from Ebenezer Elliott's Corn-Law Ebymes." What is a Communist 1 One who bath

by carnings:

For equal division of unequal earnings Idler or bangler, or both, he is willing To fork out his penny, and pocket your

sbilling.

Want

Your voice is a Pick-me-Up?

an asset

To remove that annoying buski- ress take an occasional Evans" Pastile. All the germs of Influenza, cold, chill or catarris are killed at once by Evans Pastille To allay sore throat, to protect throat and lungs,

take

EVANS Pastilles

ANTISEPTIC-THROAT:

Made in Baghop

by

Evans 5051.

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Liverpool Theatt

Milk Stout's the Thing Bay, SIMONDS "MILK STOUT" next time.. You'll never say "Stout". again. It's delicious, bang full of favour, nutriment, and invigoration.

·Sole Agents. CALDBECK MACOmegor & Co

HONGLONG

ERAPION N0-1 RAPION No 2 ERAPION NO. 3