1925-01-09 — Page 3

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THE HONGKONG DAILY PRESS, FRIDAY, JANUARY 9TH,

Foamite Firefoam

THE MOST EFFECTIVE FIRE EXTINGUISHER.

SOLE AGENTS FOR HONGKONG AND BOUTH CHINA:

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

TOL Contral 296.

2, Queen's Buildings.

QUEEN'S THEATRE.

TO-DAY LAST PERFORMANCE,

:66

at. 5.15 p.m. Only.

STRONGHEART

The Wonder-dog

IN

THE SILENT CALL

AT ORDINARY PRICES.

TO-NIGHT, at 9.15 p.m. DANCING DISPLAY BY

Pupils of Miss VIOLET CAPEL TO-MORROW, at 5.15 p.m."&" 9.15 p.m. NORMA TALMADGE

In her Latest Picture

"WITHIN THE LAW

in 8 parts.

ADDED ATTRACTION

THE VERSATILE FOUR Messrs. Holland, Hillyard, Sells and Peters. Selections from their repertoire of Songs both, Comic and Sentimental Monologues. Also Melodies and Rag-tinie Songs.

HONGKONG ENGINEERING & CONSTRUCTION CO, LTD.

!:

STRUCTURAL ENGINEERS AND CONTRACTORS. SPECIALISTS IN REINFORCED CONCRETE CONSTRUCTION. FOUNDATIONS BY THE FRANKI PILING SYSTEM.

Our Head Office has been moved from Powell's Building, Des Voeux Road Central, to more commodious premises on the 3rd Floor of St. GEORGE'S BUILDING, CHATER HONGKONG., (over the offices of Messrs. Shewan Tomes & Co.)

Telephones

Central 4581 (two lines).

Modern Ways

for

Modern

Do It Electrically

Days

Heating

Cooking

Power & Lighting.

THE CHINA LIGHT & POWER CO. (1918), LTD.

2

SHOW ROOM-82 NATHAN ROAD, KOWLOON..

Phone, K. 677.

OCCUPATION IN BRITAIN.

METAL WORKERS HEAD LIST.

LEAFIELD, December 8th. Occupation statistics of the 1921 census for England and Wales are published to day.

of male

The working population is divided into 1,000 occupations, grouped in 32 classes. In each of five occupations, the nubet workers employed exceeds One million. Those engaged na

rue tal workers head the list, and this occupa- tion is followed by over one and

half million males. 1.100.000 males are eng- aged in transport

communication. Agricultural pursuits are followed by over, 1.170.000, Commerce.

finance, and insurance, excluding clerks. is the oc- cupation of-1,000,000 males. The number of males engaged în mining and quarry- ing also exceeds one

million.

Among women, personal service claims 1,670,000 and this represents the most im portant sphere of women's work so far as the number employed is concerned. The next in the list are textile workers There are over 600,000 vemen engaged in this pecupation, whereas the number of men similarly employed is only 372,000. There are over half 'n million women employed as makers articles of dress, while a few short of that figure are employed as shop assistants other forms of bustness and commerce. There are nearly 420,000 women clerks in England and Wales. 200.000 women are classified as professional the vast

majority of these heing school teachers, music teachers and sick nurses, but 2.000 of them are journalists and 1,200 doctors. The number of women dentists bad reach ed 208 when the census was taken but, as is the case with regard to both barris. ters and solicitors, of whom only 37 are shown in the 1921 returns, there has probably been a very considerable in- crease in the past three years. domestic work of women in their own families does not count as an occupa fjon under the census and the most im. portant field of women's work is thus ignored, but apart from that, nearly one in three women and girls over twelve years of age have some gainful occups- tion, namely, five millions out of just over 15 millions The proportion of occupied girls is high until the age of marriage is reached. It rises from 3.3 per cent, at the ages of 12 to 13 years to 70 per cent. of those who have rench- ed the age of 18 or 10 years. After that age, the percentage declines, In the country as a whole married women form less than 14 per cent of women and girl workers.

..

WHAT ARE PROFITS?" AN ELUSIVE COMPREHENSIVE

DEFINITION.

In the course of an interesting address" on What are Profits? delivered to the Incorporated Accountants' Students' Eociety of London at Cordwainers' Hall Mr. Meginald F. Silverstone, having ex pressed the opinion that accountants" alone can decide what is and what is not profit, proceeded to quote nine interpre- tations of the word "profits" culled from various cources, and then admitted an

166

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Græco Egyptian Tobacco Store, ant uli nigh-class Tobacco/dises,

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'SAINT JOAN'

THE GREATEST PLAY OF THE CENTURY.

EVENING PERFORMANCES

January 12th, 13th, 15th, 16th and 17th, at 9 p.m. sharp.

MATINEE

January 14th, at 4.10 p.m.

$3.00, 2.00 AND 1,00 Booking for $1 and $2 Seats at

THE ANDERSON MUSIC CO., LTD.

(1693

inclination to agree with Mrs. Gamp that C. B. WARREN & CO., LTD.

"there aint no such a thing" as a com prehensive definition.

Mr. Silverstone considered the ques tion of profits from three points of view: (1) economie () legal and (3) commer- cial—a division which broadly groups

the

aspects from which profits may be fe garded into (1) What profits, might be. (2) what profit must be and (3) what profits ought to be. The economists de- scribe profits as the "reat of ability," and sagely declare that there is no re- cognised principle governing the propor tion which profits should bear to the total product-a pronouncement of little assistance to those who had to adminis ter the Profiteering Act, 1919, which ap-

SÀNITARY ENGINEERS, MONUMENTALISTS, &.

OFFICES 91D, WYNDHAM STRMÉT,

I O. 269.

JUST

HONGKONG.

RECEIVED

A STOCK OF

* 4 RECTANGULAR RAIN- WATER PIPES, HEADS & SHOES,

pears to hold that a fair profit is H. P. WATER FILTERS, BATHS,

profit which a reasonable man would consider profitable.

The legal mind has been more defnite on the subject of what profits for certain statutory purposes must be, with the re- sult that when the untrained mind first meets with them he considers he

bas au

inalienable right to grause." Th

difference between what the State and the taxpayer regard as profit constitutes continually recurring disagreement,

which has not been smoothed away" by Mr. Justice Farwell's dictum that "there is no bard-and-fast rule by which the Court can determine what is capital and what is revenue." Mr. Silverstone dealt lucidly with profits for income-tax pur posos, capital profits and revenue profits under executorship law, and divisible profits in the accounts of limited com panies, and having skated over the economic and legal thin ice of his sub- ject, he turned to the consideration of commercial profits, and presented a broad and comprehensive view of that more solid,

if somewhat entangled, ground.

In summarising the results of bis re- view, the lecturer declared that, in con- sidering what profits are it is necessary first

to decide from wlut standpoint economic, legal or commercial they are to be viewed, and in the

view economic he suggested that "profit is the difference between the produce derived from an undertaking and the necessary outlay therefor, including the replacement of exhausted capital

AMERICAN TRADE.

A New York message to the Soviet news agency in Peking says:-

Returns published by the U.S. Depart ment of Trude witness the fact that the United States is over more interested in China Of American external commerce for the first nine months of the current year (1994), 7 per cent. went to the East and.29 per cent. to Europe, na against 22 and 30 per cent, respectively, during the same period in 1923, While the im- ports, from China have somewhat de- creased, the exports to China from | America are larger this year by about 14 'million gold dollars.

BASINS, Etc.

ESTIMATES FREE FOR ALL KINDS OF

MONUMENTAL WORK &c

ITALIAN MARBLE-POLISHED ox FINELY PUNCHED HONGKONG GRANITE.

To Own on SELECTED DESIGN.

A LARGE STOCK OF ARTIFICIAL WREATHS.

HONGKONG SHARE MARKET.

CLOSING QUOTATIONS.

JANUARY 8, 1925, Hongkong and Shanghai

$1,200 b.. $1,206 m. Banka ...IARMINCERTI Canton Insura2008

$755b. Union Insurances .............

3260 b., 3241 sa. $710 b., 5725 3,

Hongkong Fire Insurances Douglas Steamships... .E.K.,

C. & M. Stembeats

• Star Fanes China Sugarbined) Langkats (comb

Kowloon Wherres

Docia

nom,

3., $377 136 вод.

Tla. 20) sa $712 nom

$160 b

Tis. 108 b.

TL. 310 b..

Hongkow WharvIE..... New Engineeringes. 7.40 com. $10648. & s.“ Hongkong Lands

(old) $18) $18/18 Hongkong Hotels(now) $17) b. Humphreys Estates avispereinam

T. 12.60 b. & Ewo Cotton Milla

(old) Tim. 613

Tis. 33 b.

“Shanghai Cottons ...... (now) 4.10 b.

Orientais

Comente.....er 1234 6., 323 60/78) 20. Hongkong Ropes (combined) $58 nom. China Providenta (combined):

Dairy Farm 27 - Waterbosta

$18 b

18 b. Watsons

**(old) 322) (new) $13; b.

1451 с Hongkong Elentrica

Chins Lights (combined).. Hongkong Trams

$25) b., $251 am.

Peak Tramways (old) $28 x., (new) $11) nom. "Shell" Transports...83/b..

bmbugori; évacilora; samgales,

DUTY

Why do you always tell everyone about Kensitas ?" he says to me, siɛ.

Because I consider it my duty, 'sir.

Dury is the sublimest word in the English language, Jenkyn," he says--and I believe him, he knows what's what, he smokes Kensitas himself.

Like yourself, sir, a smoker of taste and discrimination.

Jenkin

Manufacturers: J. WIX & SONS« Ltd · 17430 PICCADILLY-LONDON W. ENG. Whalenia only: DONNELLY & WHYTE, Duyission for Hongkong and Souch China.

2 QUEEN'S BUILDINGS Telephone: Cent

Kensitas

the preferred cigarette

THE

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TO-DAY till SATURDAY'

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MARY PHILBIN Most beautiful of Screen Ingenues

and

NORMAN KERRY

Filmlands' Handsomest Lover

in

The Wonderful exotic love drama

MERRY-GO-ROUND

Time and Prices

2.30 & 7.15-80 & 40 cts. 5 Sharp-$1 & 50 cts.

175-1.50 & 80 cts.

THE

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5.15 p.m.-$1.00 & 50 cts.; 9.25-$1.50 & 80.cts.

at

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