1924-12-18 — Page 3

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THE HONGKONG DAILY PRESS. THURSDAY, DECEMBER

THE UNITED ASBESTOS ORIENTAL AGENCY. LTD.

Tel. Central 298.

AGENTS FOR

1, Queen's Buildings.

BRIGG'S BITUMINOUS ENAMELS & SOLUTIONS.

SOLE AGENTS FOR

UNION

ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS.

FOR SHIP'S ROTTOMS.

STATE TRADING.

OPERATIONS IN AUSTRALIA",

LOSSES ON MANY SCHEMES.

Lord Inchcape, writing to The Times on the eve of the election sajili

At this juncture the following extract of a letter from Melbourne which I received to-day may not be without in-1 terest-

In Queensland the Government's indus- trial operations covered a large feld. According to a statement made by a member of the Opposition at the end of last month, the losses made to June 30th, 1993, aggregate £1,010,104, and capital to the extent of £3,455,000 is locked up. The principal. industrial activities and results are as under:-

STE, 1024

Smiles

There are different kinds of smiles, sir, smiles of impudence, superior smiles, and smiles, and smiles of contentment which are rays of human sunshine, sir, like the Kensitas smille.

Yes, sir, you do smile when you smoke. Kensitas.

You are contented because Kensitas are “as" good as good cigarettes can be."

Jenkyn

QUEEN'S THEATRE.

TO-NIGHT, at 9.15 p.m.

LAST TWO PERFORMANCES

LONG TACK SAM

VAUDEVILLE CO.

PRICES:-$3.00, $2.00, $1.00 & 50 Cts.

BOOKING AT MOUTRIE'S.

TO-DAY ONLY, at 2.30, 5,15 & 7.15 p.m. CONSTANCE TALMADGE

66

POLLY OF

IN

THE FOLLIES."

TO-MORROW AT ALL SHOWS

TWO BIG FEATURES

in One Programme.

NOTICE OF REMOVAL.

HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.

On and after the 18T JANUARY, 1925, the Head Office (and Registered Office) of the above Company will be situated on the THIRD FLOOR of ST. GEORGES BUILDING, CHATER ROAD, HONGKONG.

Telephones

Postal Address

Telegrams

Code

Central 4581 (two lines). P.O. Box 583, Hongkong.

FERBOCONCO," Hongkong." Bentley's.

K

DOUGLAS & GRANT " LTD,

-KIRKCALDY, SCOTLAND_

RICE MILLING

The largest and

most widely

Sole Agents in Bouth China

MACHINERY

[1551

experienced makeri

in the world.

DODWELL & CO., HONGKONG.

HAMBERLAINS

PAIN IN THE STOMACH,

Cal, Deters Berlin,

GRAND COL

PLANTE COLE BUTIKER COMPRINT

DYSENTERY, DURAVÍCEA POSLODGE FLOL, BRONS SUMMATA, CHELSE

IT ALS ITO PORKE

SVOEGDOM HELS, AT

Chasserisa Kalin Che

„ARS MOTECH, SOM U B

SMALL SIZE,

Chamberlain's Colic and Diarrhoea. Remedy

Cures

Pains in the Stomach, Diarrheoa, Dysentery,

Dr.

£

Cr.

£

State stationx

379,818

Butcher shops

1.703

Produce agency

4177

Cannery...

53,064

Hotel

8,475

Fish supply

38,700

refreshment rooms,

61.433

€ 18,414

Coalmines Arsenic

40,100

mine...

7,511

Mine and

Smelters

178,058

Irvinehank Treatment

Works

..

31,665

Batteries

5,700

Iron and steel works...

49,042

Bome oil bore ...

33,607

Palmer Gold Mines

4,921)

Retail stores

1,700

Trawler and steamer

48,500

Lexx

£7,000,949 "£71,811

71,621

£1,019,338

This total exceeds the amount stated to have been lost, but it is as near as can be ascertained.

A useful criticism of Western Austra lia's experience of State trading has been published. In a piece of analytical writing of considerable value, it is stated

that the following enterprises have over

drawn on trust accounts the moneys necessarily being supplied by other trust funds in credit as at Jane 30th, 1923-

Implement works Quarry

Sawmills

Shipping service Wyndham Works

£88,451

2,649

39,056

170,079

240,814

£524,012

Complementary" to this is the an- nounced intention of the Federal Gov- erament that a Royal Commission will investigate the claim of Western Aus tralia for extra fnancial assistance by the Federal authorities.

I may be old fashioned, Lord Inchcape

Obtainable at LANE CRAWFORD-LTD

Tabaqueria Filipina, Græco Egyptian Tobacco Store, and all high-class Tobacconists,

At 95 cents per tin of 50

G. E. WARREN & CO., LTD. SANITARY ENGINEERS. MONUMENTALISTS. “

OFFICES 31D, WYNDHAM STREET,

HONGKONG.

A

TEL. 0. 269.

ESTIMATES FREE FOR COMPLETE

SANITARY INSTALLATIONS.

HOT WATER SYSTEMS, &c SPECIALISTS IN MONUMENTAL WORK

OUT FROM ITALIAN MARBLE-POLISHED A/01 FINE PUNCHED HONGKONG

GRANITE,

ARTIFICIAL WREATHS IN STOCK.

(140)

adds, but I venture to suggest that this LUDWIG BURCHARD & Co.,

ia an object lesson to those who advo "cate the nationalization of all industries and that it is better for Goverument to leave the business

their Dr alone,

taking a

in the quots of shape of income-tax In this way trade will be pursued on an economic basis and Government will continue to be partners. in the gains without having to bear any share of the losses....

JAPANESE FOREIGN TRADE.

TARIFF REVISION.

It is officially stated today (writes The Times correspondent at Tokyo on Nov. 11th) that Japan is preparing to open negotiations with Germany for the con- clusion of a treaty or commercial agres- ment on the most-favoured nation basis with a view to re-establishing pre-war conditions.

Under the agreement recently conclud ed with Mexico, Japan renounces all elaims for damages sustained by Japanese nationals during the revolutionary period. Japan wishing to pave the way for Japanese immigrants into Mexico.

The 12-year-old tariff will undergo revi sion at the forthcoming session of the Diet, with probablo benefit to British manufacturers, the present Anglo-Japan- es convention expiring next March. Owing to public agitation there may also be a modification of the luxury tax.

GERMAN TRADE OUTLOOK. FINANCE MINISTER ON LOAN EFFECTS,

In an address to the Hamburg Overseas Club, Herr Luther, the German Finance Minister, has indicated the lines along which the policy of infusing new life into the fabric of Cerman" industry may be continued.

ESTABLISHED 1880.

BERLIN N. W. 7. NEUE WILHELMSTRASSE 12/14.

BUYERS

OF ALL Class of OBE AND METALS PAY HIGHEST PRICES ESPECIALLY WOLFRAM AND BISMUTH.

AROSA

PORT

OBTAINABLE EVERYWHERE.

ON SALE.

[483

QOUND VOLUMES of the HONGKONG B WEEKLY PRESS, January to June,

"

-Price-$7,50. With Torx. One's at the Hongkong Dolls Press Office

The Government, he said, had no illu 1924 sions as to the need for foreign credits. An idea had become current that they would be supplied through the External Loan; it was as widespread as it was ill- founded The real importance of the Loan and the success which had attended it was of political character. It bad shown that anti-German feeling was not so strong as it at one time appeared, and

SAIGON RICE MARKÈT.

The Compagnie do Commerce et de Navigation d'Extreme-Orient, in their

Manufacturers!), WIX & SONS- £16 • 17664 PICCADILLY LONDON W.1 ENG Whoissaia only; DONNELLY & WHYTE, Distributors for Hangsane and South Chlu

I QUBEN'S BUILDINGS. Telephone: Central 634,

Kensitas

the preferred cigarette

It cost $3,000,000 and it took 18 months to make! It has run for a year at the Liberty Theatre, New York, at G $2.20 I

It packed the huge Marivaux Theatre in Paris for three months!

It is still showing at Drury Lane at from 2/- to 8/6 a seat I

Tokio will pay Y5, Y3 and Y2 to see it in January!

It is booked for a solid month at the Isis, Shanghai.

These are a few of the records made by ̈

THE THIEF

OF BAGDAD

which is showing To-day, at 2.15, 5.15 and 9.15 at THE CORONET

CHUN HING MOTOR BUS COMPANY.

The following List is the Time Table of car Service from Lar Car" Kox to Us Loro and Vice Versa.

From 6 AM to 6 P.K.

Every 1 Hour Service

The Base will Bun every Hour Daily.

UN LONG SERVICE.

From UN LONG to SHLUNG SHUI ·

From 6 AM to 6 P.M.

Every 40 min. Service

From LAY Oni Kok

Lar Mox Sou CHULE WAN ORA WAT Kox Buy Quare SUK OKANO Ommo Loox Tou

800 Koon Mux CASTES PEAK

ta

44.

LAY Mox Sou ORDEN WAN ORAY WAN KOK SON CHANG BU OKTO Cerro Lung Tor Tat Law CrunG, 800 Koon Mur

* CAPELE PRAK Bow Boot

10 Minta,

10

HEAD OFFICE at 635-639, SHANGHAI STREET.

TEL. Kowloor 1070.

SOUTH

MANCHURIA

[1402

RAILWAY

Orxazine Ald. Laxes in South Manchexia Ans Chosam (Korna, East of Muznam,

BUMMER HOLIDAY

RESORTS

2

SOUTH MANOHURIA AND OHOSEN

BOSHIGAURA-Finest Besalde Summer Holiday Resort in cath Chins."Tive mila From Dairan, but connected with the city by special motor andcarriage road and electi tramway Yosato Hotel (35 rooms) and 13 furnished bungalow in charming aliff gard Bathing, Boating, Fishing, Golf, Tennis, Billeds; Orahestra twios

asrock.. Capital" pla..........

· For akilirem.

Most bea

beautiful and select Seaside Resort in the Far East. Two milesfrom Pors Azthaz. Hotel and 20. vilsa and bungalows, movily with detached servanta' quarters. Excellent

Wondertal Boonery, Estoris Battlefelde, Bained and Dismantled Forts Miles

Walk add Drives, Abandaut Facing Facilities. Orcheries twice a woch Best place for high-class families.

that opportunities for doing good business report dated Saigon, December 3rd, GONDAI;merly the Summer Resort of the high Russian azlours, and officiala. Yamato

with Germany would not be rejected.

∙state:

Since last week our market has re On this basis there might now be remained extremely quiet without buri turn to the normal state of affairs. The

ness,

Reichsbank would be able to increase the The new crop is expected to be very funds available for credits in consequence favourable and is just appearing on our PORT ARTHUR-Famons for its two memorable egne and ila of the External Loan, To what amount, market.

bowever, depended not alone on the finan- The total amount of rice exported cial position of the Bank, but rather on January 1st to November 10th, 1924, in the capability private enterprise for 1,014,807 tons against 1,059,236 in 1923. absorbing fresh capital, which was not

We quote today:--White Baigon rice, yet as great as was desired. CAN No. 2 sifted, Japan quality, Hongkong Colic and Bowel Complaint tracted for on a purely business footing January-February shipment.

All foreign loans in future must be con- 28.50 per picul, 2.0., Baigon, for and on reasonable terms. No loans ought to be applied for which were not destined in for immediate and direct employment work of productive character. Otherwise, the country would only drift into another period of false prosperity resembling the inflation period.

Sold Everywhere.

Messrs. Carroll Bros., sharebrokers, have issued a very useful sheet contain ing" facts and Figures of local, and other stocks" dealt in on the local market.

landlocked

-Baf and how's journey Dairen by expresa traiz Yamato Hotel (16 rovina)

Harbour.

of historical and scema interest to fill a month with a

- a fresh walk or drie and malubrious spot in the Far East. healthy KONGOSAN, The famous Diamond lenstain of Lores. A special Seminer Ectors Buiter and for climate and sorry. Beautiful pesis and sharming mænden TiTalking Grand recuperative and Kengoen Hotel (10 roczne) at Onestri and Dhooni Bot 011 rooms) Obo ene

All under the direct management of the BOUTH MANUHURIA RAILWAY CO. Hustrated Booklets and at Information port free on request.

Applications may be sent to the Hotel Managers at the various resorts or to

THE BUFERINTENDENT OF ROTELS, Trafile Department. Cubler Add.: Maxteter. SOUTH MANCHURIA RAILWAY, Dairen. Codes A.BC, 54h Ech A.1. Láobers.

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