1925-01-22 — Page 3

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THE HONGKONG DAILY PRESS, THURSDAY, JANUARY 22ND,

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD,

Tel, Central 235

SOLE AGENTS FOR

1, Queen's Buildings.

BELL'S UNITED ASBESTOS CO. LTD..

MANUFACTURERS OF

"Viotor Metallic." "Dagger;"

"Reefer" Packings

Bell's Asbestos Compositions.

“Qusdruple” and

“Salamander”-Engine & Cylinder Oils

Salamanderite Jointing."

QUEEN'S THEATRE.

Thursday to Sunday, Jan.

22nd to 25th.

BY SPECIAL REQUEST ENTIRE CHANGE OF PROGRAMME,

MANILA VAUDEVILLE CO. PRESENTS

Misses Miami, Dimples & Millie

The Alabama Bros. Songs, Lances and Comedy"

ALSO

MAE MURRAY

Star of "Peacock Alley"

"BROADWAY ROSE

in 8 parts.

The brillant star in the most spectacular production

of her career.

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).

We have much pleasure in introducing

LA TROPICAL PERFECTOS

The Finest JAMAICA CIGARS ever manufactured

リ

Made by the Famous Factory of

B. & J. MACHADO CO., LTD., Try A Box of 25 To-day,

ABAQUERIA ILIPINA

LEADING TOBACCONISTS, Opposite QUEEN'S THEATRE.

PROMONTA

Is an exceedingly effective and strengthening medicine.

The chief ingredient in its composition is obtained from natural nerve matter and contains in the synthesis all the properties to be found in the normal nerve matter,

This remedy can be applied in cases of:

Neurasthenia, all kinds of fatigue and exhaustion, insomnia arising from psychico-nervous causes, malnutrition and its resultant ailment, anaemia, bloodlessness, impaired vitality. Convalescence, senile decay of the nervous sytsem, after-effects of tropical anaemia and one-sided diet,

etc.

FOOD PRICES AT HOME. SOME INTERESTING EVIDENCE BEFORE THE COMMISSION.

"At one of the meetings of the Royal Commission "on Food Prices last month Prof. A. L. Bowley (a brother of Mr. F. B. L. Bowley, who practised as a solicitor in Hongkong for many years), submitted evidence as to the wholesale price index sumber and the retail price number food only He pointed out that wholesale prices, according to the Board of Trade index, were in October, 1929, 60 per cent. above pre-war level; Novem ber, 1023, 69 per cent, and November. 1994, 80 per cent. Retail prices, necord- ing to the Labuar (iarette, were at the same dates 78 per cent, 53 per cent.. and 79 per cent respectively above pre war lovel. Of the retail prices some were Fory seasonal in character, particular fiab, milk, butter, eggs, and potatoes, and these had only slight influence on the wholesale index number. A com- parison was, therefore, best made by re-computing the retail, index_number after the elimination of these five com- modities. Further, the duties on tea and sugar had raised retail prices relatively to" wholesale. When theso' 'were eliminated the resulting resalt index for pon-seasonal foods showed in November, 1929, an increase of 40 per cent.; is November, 1990, 32 per cent, against 39 per cent.; and in November, 1994, 39 per cent, against 50 per cent. The re cent rise in wholesale prices bad пой yet been fully reflected in retail prices. So far as these general numbers showed, the relation of retail to wholesale prices was practically the same as before the war. Since the cost of labour might be estimated to have increased 100 per cent.. it was surprising that retail prices had not risen more.

aisa

Dame H. Gwynne Vaughan: Since you estimate that the cost of labour has risen by 100 per cent, do you think the middle- an and producers are making less pro- fits than they did!'

Witness: 7 think there is evidence to suggest that. It may be that they bave economised in labour. I think that 1s quite possible.

Replying to Sir J..L. MacLeod, 'witness said that bread had not yet. Tisen so far as the price of American wheat, and it would not be surprising if the price of bread rose.

THE AL, LOAF.

Major W. L. Melville Lee gave evidence On the cost of baking a 4lb. loaf and dealt with what he called "the price-structure of the loaf." Although £130,000,000 year was spent on bread, few people, he said, outside the trade had any idea how the cost of a loaf was built up. The question of the price bakers had to pay for their tour was of the utmost im- few portance, since the rise or fall of a. shillings in a sack made a difference of a halfpenny in the cost of a 4lb. loaf. In January, 1993, the cost of flour was given as 42s. Id. a sack, and he contended there 1728 no justification for that Bgure, though there were certain factors which might be taken into consideration. He put the lowest price as 40s. Sa. Ho claim. ed that the price of four established a prima facie case for farther investiga

Obtainable at LANE CRAWFORD-LTD Tabaqueria Filipina, Gazco Egyptian Tobacco Store, and all high-class Todectomiti,

Ai 95 cents per tin of 50

1925

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 smile.

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

"You are contented because Kensitas are

good as good cigarettes can

bc."

Junkya

Manufacturers: J. WIX & SONS »LU • 1944 PICCADILLY · LONDON W.2-ENG Wholesale only: DONNELLY & WHYTE, Distributors for Hongkong sad South China

QUEEN'S BUILDINGS. Telephone: Central 636

Kensitas

the preferred cigarette "

EVERY BRITISH CHILD SHOULD SEE

Ꭱ

"WHEN KNIGHTHOOD WAS IN FLOWER"""

Showing Next Saturday at THE CORONET

CLEARANCE SALE

All Millinery and

Knitted Goods.

MAUDE BRENNAN.

2ND FLOOB, ASIATIC, BUILDINGS.

CHINA AUCTION

ROOMS.

REAL GOOD THINGS and

Gion. He understood that an invention FOR BARGAINS Coms to The

was shortly to be placed upos se loss market which would obviate any arising on account of stale bread. The ravention had been used in Holland and Germany, and was a process of prescry. ing food and all perishable goods. The invention would make a loaf which had been left to go stale on the shelf as fresh as the first day on which it came from

CHINA AUCTION ROOMS.

China Building,

Ground Floor,

ON SALE.

REPORTS

the baker. He believed the same inven-ONGKONG HANSARD

of the MEETINGS of the

LEGISLATIVE Session 1925,

PEIUF

COUNCIL for the

Revised by the Members, DAILY PREM OFFIC

tion acted similarly in regard to butter. and other perishable articles. Witness suggested that people should be urged to fetch their own bread from the shop. They would save by that means a pray on each loaf. Ee estimated that the cost of distributon amounted to about 1d. He suggested well-sustained publicity campaign in the Press to counteract the HONGKONG SHARE MARKET. tolerance in regard to the dear leaf. It

ULOSING QUOTATIONS. newspapers could be kept hammering "nt this question Eo believed it would create

JANUARY 21ST, 1925, an influential force against high prices.

Hongkong and Shanghai

$1,130 b.. $1,200/05 Ba The

Banka Şa price of bread sold by big firus. far from being reduced..was actually kept

Canton Insurances ****-**-...$755 at a higher level, because it was impossible Hongkong Fire Lusuances ..

5715 nom. for the small trader to compete on any Union Insurances...... $260 b.

357 b. thing like squal terms.

Douglas Steamships. H.K., C. & M. Steamboats... 181 nom. "Star" Ferrics

..$135 b. Waterboats

Heplying to Mrs. Snowden, witness did not think that the multiplicity of bakers created competition. It there were two "whopping big firms in a towe fighting each other, that, he thought, would be the way to bring down the price of the loaf..

HONGKONG YARN MARKET.

AN ENTIRE AUSENCE OF BUSINESS.

Messrs. Polishwalla & Kotwall, cotton & yarn brokers, Hongkong, in their cir- cular dated the 17th inst Bay :---

Since our last report on December 18th, the entire period ûnder review has pass ed without any business. There is an entire absence of demand from up- country chiefly due to the recent large purchases, both forward and spot made by the Chinese dealers which are still unabsolved. Moreover, the demand from Yunnan, which had so greatly helped pur yaen market, has suddenly stopped owing to very unfavourable exchange; hence our market has remained very dull without any inquiry, Clearances also are very much checked now due to the adverse rate of exchango,

Recent telegraphic advice of a heavy decline in the price of all grades of yarn India ha adversely affected our market and so farther business is ex pected until after the Chinese New Year which is on the 24th inst.

"Shell"

Transporta

Chins Sugars......

Langkata (combined) · Kowloon Wharves

Whampoa Dooke.... Shanghai Dooks

FL.K. & S. Hotele

Hongkong Lands...

$19 b.

88/-b.

$80 nom.

TIA. 22 zom. $212 nom.

$152.

T. 108 non

fold) $18 b. {(now) $17 b.

3108; b. Humphrey Estates.

12.60 nom. Ta Ewo Mille... Shanghai Cottons ..... (old) Tla. 61, nom.

Ths. 4.20 nom. Oriontain

$18 b.

Cements (combined) Obins Lights (combined)

Providenta {(new).. 13.60 b.

Dairy Farma...

Electrics...

((old)..

$261 b.

Hongkong Bopca (combined) $58 nom. Tramways 153b -Watsona

*****(***) $14) bi, & om. Peak Trams, (old}.

$28. "¿buyers; 8-iellors; sa-sales.

SAIGON EICE "MARKET,

The Compagnie de Commerce et de Navigation d'Extreme Orient in their circular dated yesterday, announce that their market is very irregular but with a firm tendency to an upward movement owing to the shortness of paddy arrivals and to a rise on the Hongkong market.

The total amount of rice exported from January Int to December 30th, 1924, is 1,095,441 toos against 1,133,500 in 1923.

The firm quote White Saigon rice No. 2 sifted, Japaa quality Hongkong, $5.70 Japanese Yarn.-The ruling rates in per picul Lo.b. Baigon, £131, 84d, per Japan being much higher than those picul fab. Saigon, Yen 8.70 per pical of our market, business in this yarn is f.ob. Saigon for January-February ship' rendered impossible.

Unsold stocks, 4,000 balen. Bargains in Chinose hands, 2.500 bales.

Shanghai reports a dull market with Imited demand only for immediate re quirements.

ment.

GLORIA

SWANSON

AMERICAN

WIFE

CHARLIE CHAPLIN

THE FLOOR WALKER

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