1925-01-03 — Page 3

Page

THE HONGKONG DAILY PRESS, SATURDAY, JANUARY RD, 1995

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

የጉ

Tol Central 258.

BRIGG'S

AGENTS FOR

X, Queen's Buildings

BITUMINOUS

ENAMELS & SOLUTIONS.

SOLE AGENTS FOR

“UNION".

ANTI-CORROSIVE" and "ANTI-FOULING COMPOSITIONS

FOR SHIP'S ROTTOMS.

QUEEN'S THEATRE.

TO-DAY to MONDAY,

い

at 2.90, 5.15, 7.15 & 9.15 p.m.

SPECIAL SUNDAY MATINEE, at 5.15 p.m.

The Pick of the Latest

FIRST NATIONAL PICTURES

JACKIE COOGAN

AND

LON CHANEY

IN

OLIVER TWIST"

By Charles Dickens

Showing to Crowded Houses. Book Your Seats Early.

At 5.15 p.m.-80 Cts, 50 Cts. & 30 Cts. At 9.15 p.m.-$1.20, 80 Cts & 40 Cts.

NOTICE OF REMOVAL.

HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.

On and after the 1sT JANUARY, 1925, the Head Office (and Registered Office) of the above Company will be eituated on the THIRD FLOOR of ST. GEORGE'S" BUILDING, CHATER ROAD, HONGKONG.

Telephones, Postal Address

Telegrams Code

201

Central 4581 (two lines). P.O. Box 583, Hongkong. "FERROCONCO," Hongkong. Bentley's

Modern Ways

for

Modern

Days

Do It Electrically

Heating

Cooking

Power & Lighting,

it

[185]

THE CH NA LIGHT & POWER CO. (1918),LTD.

1

SHOW ROOM-62 NATHAN ROAD, KOWLOON.

Phone, K. 677.

INDUSTRIES OF BRITAIN.

SIR A. GEDDES'S WARNING.

our over-

Sir Auckland Geddes, speaking at the annual dinner of the Dewsbury Chamber of Commerce on November 25th, em- phasised the need for a greater úcter- standing of our national economic posi tion, urged the importance of seas trade, and declared that exploiters of the people never prospered indefinite ly in Great Britain. Sir Auckland said the place where he lived, rearths South Coast in Kent, not far from the Sussex border, was "centuries ago the very heart and centre of the heavy woollen industry of England, while Sussex, where the first ironworks of England were establish, rose to fame throughout Europe and declined. “Now, when our ploughshares tear the soil, we turn up oid foundations; when wa go out. to cut bop-poles, we find the remn ants of factories. All the glory of the woollen trade, all the glory of the iron trade. have passed, and the wild things hold sway where crowded men once work ed." There was a great lesson in the passing of a trade, and it seented to him, once again, as before in the crowded history of our island. we were at the parting of the ways. Heaven forbid that any similar fate should overtake the great industrial districts of England as We knew them to-day. He thought that what was required was to see that our in- dustrial and commercial security wai maintained.

To-day we were faced by problems, cational problems, economic problems, more serious if we neglected them, per- haps, than those that could have ever faced the people of these islands, because, never before in all known history had we been so dependent on trade overseas, "It seems to me," said Sir Auckland. "that by far and away the greatest dan ger is the laternal danger, the danger that we as a people should forget that we are 3 people, should forget that our interests are one interest in the last analysis, should forget that no class can prosper really if its prosperity is secur ed only by the exploitation of others." He thought that at the present time there was nothing so important in our national life as that we should try how we could gain the great understanding of our econo- mic position as a nation; that we should try to get that understanding spread widely among the people. There was no doubt that all of us were suffering to some extert, perhaps cot relatively but still to scuze extent, and Jome very severely, through limitations that were: imposing themselves upon our export trade through the very high costs of pro- duction. Men to whom he spoke some- times said, that does cot concern us; | we are not in the foreign, trade."

Believe me," said Sir Auckland, "we are all in the foreign trade, whether wo ke it or rot. There is absolutely no one single person in Great Britain whose life, whose comfort, whose prosperity is directly or indirectly, wholly our overacas commercial activities." At the present moment, in many sections of our foreign trade, the cost of production was so high that we were barely holding our OWA. He ventured to suggest to them as & Chamber of Trade that, they should examine the activities of a "non-party. non-political organisation in which be was interested in this extent that he was chairmar f it, and he found it a very absorb undertaking. That or ganisation was the Central Council of the Economic League, and it was called that because throughout the country there. were local leagues whose business it was to disseminate as widely a might be economic information and education so that the people of the country might have the facts before them,

We Dist always keep in mind our position as a nation, never forgetting our dependence on the trade overseas, Sir Auckland added that he was not pessimistic-fär from it. (Cheers.)

WEEKLY SHARE" REPORT.

Hongkong, January 2nd.. Since our last Report, business has been curtailed on account of the Holi- days, but during the few working days

+1

THE BANK OF CAFTON, LIMITED.

HEAD OFFICE: RINGKOND

Established 1912.

£1,200,000 £1,078,560

$700,000

Authorised Capital....... Paid Up Capital .............................. Silver Reserve Fund..........

Foreign Exchange and General Bank-

ing business transacted

Interest allowed on

CURRENT AFCOVXTE

, per annum on daily credit balances of over $100.

SAVINGS

4° annum » DEPOSIT9

for 14 months 57% per and you

for 8

for 3

1

on demand" BRANCHES

.

門

Canton, Shanghai, Hankow, Bangkok and New York,

LONDON BANTERS

The Lloyds Bank, Limited,

LOOK POONG SHAN

Chief Manager.

P. & O. BANKING CORPORATION, "LIMITED.

(INCORPORATED IN England, 1920), with which is affiliated

THE ALLAHABAD BANK, LTD”.

INDIA

AUTHORMED CAPITAL... SSCRIBED AND PAID-Ur Riva Faro

£5,000,00K -22,594,188 £135,000

HEAD OFFICE: 192, Leadenhal Street, London, EC, 3

WEST LONDON BRANCH: 14-16, Cockspaz Street, London, S.W 1

ELT) RX BRANCHES:" Ebay, Cantta, Karachi, Madras, Colomie Singapore, Hongkong, Canton and Shanghai

The Corporation undertakes General Basking and Exchange Business of every description and addition to its Branches has Agencies in al the principal Cities of the World

C

CHAMPKIN,

Manager. 22. Da Vany Rowd Central, Hongkong.

LET-O

TO LET.

SINGLE

ROOMED OFFICE 1 Focz, No 14/16.

PEDDIE ST327.

Apply

PROPERTY OFFICE," Jazdina, MatxzSOR & Ûo, ÏTU

1196)

17

IU LEI.

the market was quite active and rates OFFICE BOOMS GAL PREILO,

show a firm tendency.

Banks-Hongkong & Shanghai Banks

are in good demand and have further ad- vanced to $1,200. The London rate is cabled at £199 (middle.)

៦។

Apply LINSTEAD & DAVIS, Alexandra Buildings.

and Godowns-

Marine and Fire Insurances-Cantoas mark a rise. Macao Electrice firmed to have

jumped to $155 after sales at $750.12, but Gaished up weak.

Wharves Docks, Hongkong

Fires, have moved up to $700, Yangtses have likewise hardened and Hongkong and Kowloon Wharves have have been booked up to $42).

had set" back, the market falling to Un02 $214, Hongkong and Whampoa Docks closed better at $260. China Fires are 8214

in" request at 3180 and Underwriters at have stiffened and are saleable at 3161. Hongkew Wharves have changed hands $2

Shipping "Star" Ferries took Booked at

at Tis. 210 Bhanghai Docks have been

THE

108 and continuØ in men other spurt and were negotiated up to

New Engineerings have been $141, but the market, has since eased to quest

7.40 $138. It is proposed to increase the taken off the market at

Lands, Hotels and Buildings-Hong- Capital of this Company from $400,000 to $1,000,000 by the creation of 60,000 kong Laads met with support in the additional shares and to declare a Bonus beginning of the week at $109, but the demand was not maintained and they of $10 per share, by issuing to members one fully paid share for every existing have been sold at the close at $107)

have advanced Hongkong Hotels (Old) which they hold... share

at $15 while the New shares at $18) Humphreys contiguo neglected.

Hongkong Canton and Macao Steam boats have been in strong demand and

a sudden spurt has taken the prica. up Extates are asked for at 8911 Bealty's

to 3 Union Waterboats are wanted are a shade better at $2.50.

Cotton MillsA good demand for

at $18"-Douglas Steamships continue o Bos. has lifted of Orientals at Tis.

offer at $59. Deferred Indo-Chinas re- main neglected at a nominal quotation of There are $120.

Reineries.-China Sugars are dull and the price has fallen off to $90. Malabogs

have, remained stationary at $41.

the price to Tla 12).

5.00 after transactions at this rate. Shanghai Cottons are nnchanged.

MiscellaneousGreen Island Cements fell away in the early part of the week Oils and Mining.-Benguets have 10 261, but the market has since re- hands to a fair extent at $2.95, China Providents (Combined) are a turn covered and closes with buyers at $27. ants (Combined), are ruling strong higher at 833h. and business has been done up to Tls proved to $28. Lane, Crawford's are en-

Dairy Farms have im 231. "Shell" Transports are wanted ́at 88. and Tronobs at 56/

quired for at 818). Watson's have been. Electric Companies Hongkong Tram- dealt in at 821 for the (Old) and 811 for ways have changed hands to come ex. the (New) and more are wanted at these tent, but the price has weakened some what owing to profit taking and shares

Exchange The TT. rais an London csa probably be had at about 354 to-day is 2/34, and on Shanghai 731.

Forward Hoogkong Electrics have been

Settlement Days --20th ruling January (Tuesday); 24 February strong and business has been done up to (Tuesday); 24th March (Tuesday); and $444. China Lights (Combined) at 2254 28th April(Tuesday).

(Continued on next Column),

ratos.

BENJAMIN & POra.

A good old English Custom

Keeping the port travelling round the table is an old custom still maintained by a few English clubs-like Kensitas Cigarettes, sir, always passing round good company.

The soft, mellow-smoking qualities of Kensitas Cigarettes make you want to keep on enjoying them, and the last smoke is as good as the first, because all Kensitas are

as good as really good cigarettes can be."

Kensitas

Manufacturers?

the preferred cigarette

1. WIX & SONS LTD · 194-5-6 PICCADILLY · LONDON ·W.I-ENG. Aholasale only: DONNELLY & WHYTE Blstributors for Hongkong a South China, 2 QUEEN'S BUILDINGS, Telephone Central 436.

Jenkyn

Öötable as Lane, Crawford,

Ltd. Tabaqueria Filipina, Grace-plaa

Taboon StoreB.. and all high-class Tobacconistų

At 95 centi

per'tin of 50

2,000 Miles of Entertainment and Every Mile A Thrill!

This is how "The Daily Mall" describes

K

THE COVERED

WAGON

There are

3,000 ACTORS,

300 COVERED WAGONS

making a train

pulled by

and

2 MILES LONG,

600 OXEN ;

3,000 HORSES 1,000 INDIÁNS

also take part in

"THE SCREEN'S MOST THRILLING SPECTACLE.

This Wonder Film is Showing -

TO-DAY, at 5.15 and 9.25 pm..

at THE WORLD

and 230, 5 Sharp, 7.15 and 9.15

at THE CORONET-

.FOR SALE.

No. 7, STEWART TERRACE, 270, FEÁK. - ROOMED HOUSE Modems Banitation.

Apply

F. A. MACKINTOSH;

MACKINTOSH & Co., LTD.

[1660

SUZUKI & Co., Ltd.

Soler

SAKURA BEER

Tel. Central 464, 468,

China Building, 1st Flom.

(C. E. WARREN & CO., LTD

SANITARY ENGINEERS, MONUMENTALISTS: &c. OFFICES 31D, WYNDHAM BARN

TO. 269,

HONGKONG.

JUST RECEIVED

A STOCK OF

6"×4 RECTANGULAR RAIN WATER PIPES,

HEADS & SHOES,

H. P. WATER FILTERS, BATHS, BASINS, Etc.

ESTIMATES FREE FOR ALL KINDS OF MONUMENTAL WORK &c., IN A ITALIAN MARBLE POLISHED OR FINELY PUNCHED HONGKONG GRANITE.

To Ows 8LECTED Denon.

A LARGE STOCK OF ARTIFICIAL WBEATES.

(1660