1925-04-16 — Page 3

A

SPECIFY"

S. K. F.

BALL

BEARINGS

ON ALL MACHINES TOU ORDER

W→ can supply Bearings" ins 31 'Kinds of Mačkinen,

PYTTER HAVING, KTY KRIVD RWARINAS, SELF ALIGNING REQUIRE LESS ATTENTION.

THE HONGKONG DAILY PRESS, "THURSDAY, APRIL 18th, 1925

THE UNITED ASBESTOS ORIENTAL AGENCY, ‚ÄTD

Tal. Central 258

SOLE AGENTS FOR HONGKONG.

Address: 2, Queen's Bulidings

QUEEN'S THEATRE.

TO-DAY, at 5.15 pm. & 9.15 p.m.

ALICE LAKE

IN

"BODY AND SOUL

The most unusual romance ever told of the artist

quarter of Paris.

"BOW

AND

WOW"

A Mack Sennett Comedy in 2 Parte.

„TO-MORROW, at 5.15 psh & 9.16pan NAZIMOVA AND

RUDOLPH VALENTINO

IN

"CAMILLE."

COMING HERE SOON!

"CARTER"

The Great Magician.

WORLD THEATRE.

TODAY TILL SATURDAY, 5.15 p.m. &'9.15 p.m.

A WARNER BROTHER. CLASSIC OF THE SCREEN

JOHNNY

HINES

IN

“LITTLE JOHNNY JONES

A STRONG DRAMA OF THE TURF PULSATING WITH ACTION AND ROMANCE BASED ON THE DRAMATIC COMUSICAL COMPOBI- TION BY GEORGE M. COHAN.

HUNDREDS OF THOUSANDS HAVE THRILLED TO THIS SCINTILLATING COMEDY-DRAMA. A BOMANCE OF THE PACE COURSE,

WITH SPECIAL MUSICAL SETTING.

TO-DAY ONLY, at 2.30 p.m. 7:15 p.m. ELINOR GLYN'S:

WORLD FAMOUS LOVE DRAMA

"THREE WEEKS.

"

DON'T MISS YOUR VERY LAST CHANCE.

**

HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.

CONTRACTORS FOR

*CIVIL ENGINEERING AND BUILDING WORK OF ALL, DESCRIPTIONS.

Specialists in Reinforced Concrete Foundations and Structures for Factories, Godowns, Wharves, Bridges, Piers, &c.

Bole Licensees for Hongkong and China of the "Franki" Patent Compressed Concrete Piling System.

Enquiries to HEAD OFFICE:

ST. GEORGES BUILDING, CHATER BOAD,

Telephone Central 4581 (Two Line),

PIANOS FOR SALE OR HIRE.

TML 4648

TSANG FOOK PIANO CO.,

No. 8, Des Vary Boan CENTRAL (Entrance Ice Hones Streak.)

THE GOLD STANDARD.

MANSION HOUSE MEETING.

Earl Bauchamp presided "receatly at a meeting of the Sound Currency Associa tion, which was held by permission of the Lord Mayor at the Mansion House. There was a large attendance,

Mr. D. M. Mason moved the adopsion of the report. The association was hope. ful, he said, that an approach was being made towards the objects it aimed at the resumption of specie payments and the restoration of a free market in gold. He argued that wherever there had been groes inflation the increase in currency had unquestionably reflected on exchange, ahil until currency was brought back to the real needs of the country we were not likely to return to parity. They believed that if the Government made a decina tion that within six months they would restore specie payments in this country and a free market in gold they would Fond to bring about conditions that would enable us to maintais the parity of ex- change. They desires to ser restored the mechanism of exchange, which was the Isasis of our trade, and that could caly be done by the restoration of the sound- ness of our currency, We had too much paper currency in the country to-day.. and until there was contraction the goal would never be achieved. A free market in gold would have an influence on our Dominions and others, as it was the key to the revival of trade, which everybody desired.

Sir Drummond Fraser, who seconded, thought that the depreciation of the last few years was due to the reduction in the world's volume of trade. Our mobilised gold reserve in the Bank of England and

currency note account of £15,000,000 was SOCIETY OF ST. GEORGE," an automatic check on fnctuations in

the normal exchange value of the pound sterling in connection with international trade.

European countries had added

HONGKONG.

£200.000.000 to their gold stock since. 14. ST. GEORGE'S DAY.

One right. he thought, leave the manage ment of these gold reserves to the Bank of England. and is co-operation with other Crutral Europe banks, with fall confidence that the exchange values of the currencies linked to the gold standard would be maintained. The return to the gold standard did not mean that £1 and 109 notes for pocket or till purposes We would be exchanged for gold ecing. did not need gold coins. What was re- quired was the convertibility of the note into gold bullion. The removal of the anharge on gold would reatore confidence and induce other countries, to follow our example to revalue their currencies. and stabilise them on a gold basis.

The report was approved. Mr. Pownall mored, and Mr. W. J. Cook seconded the following resolution. which was also carried.

"That the meeting desires the exe cutive committee to appoint a deputa tion to interview the Chancellor of the Exechequer at the earlest possible opportunity in order to obtain from him

a declaration as to the date when specie payments will be resumed and free market in gold restored in this country.”

COMPANY REPORT. TOKOHAMA SPECIE BANK, LTD. The report to the shareholders reads Gentleman, The Directors submit to you the annexed Statement of the Liabili ties and Assets of the Bank, and of the Profs and Loss Account for the half-year, ending the 31st December, 1991.

The net profit of the Bank for the past: balf-year, after providing for all bad and doubtful debts, rebate on bills, etc.. shows Yen 14,417,952.77 inclusive of Yen 5,268,85.60 brought forward from last

account

THURSDAY, 23rd APRIL.

A LUNCHEON

will be held at the

HONGKONG HOTEL ROOF GARDEN at 1.15. p.m. MEMBERS of the Society of St. George wishing to attend, are requested to advise :-

THE MAKAGER, HONGKONG HOTEL

NOT LATER than NOON, 21st April, stating the number of cents required.

It is hoped that Members will be accompanied by their Ladies. Owing to the limited space "avail- able no guests ein be invited. Further particulars can be obtain- ed from the Hotel Management. ENGLISHMEN resident in the Colony and not already members are cordially invited to join the Society.

L. S. GREENHILI,

Bon. Secretay.

#

21053

Yen C. E. WARREN & CO., LTD.

The Directors propose that 3,000,000 be added to the Reserve Fund,

and recommend a dividend at the rate MONUMENTAL DEPARTMENT, of 12 per cent. per annum, which will absorb Yen 6,000,000.

"

The balance. Yen 5,417,052.77, will be carried forward to the credit of next 'account.

HONGKONG SHARE MARKET. CLOSING QUOTATIONS.

Arm 15TH, 1925, Hongkong and Shanghai

Banks...

$1,230 8. & 13. Canton Insurances .................$755b. Hongkong Fire Lotaranzes .... 1855 h. Union Insurances

1272:

renom. Douglas Steamships.......... H.E., O. & M. Bheamhosts... 337 s.

Furries

171b.

Waterboala

Chin

Bugars

Kro cambiand)..

Cocks

Docks EK. & S.

8. Hotels Hongkong Lands Humphreys

Evo

Mille

197

$131.

b.

The 125.b.

„Tia.

$15.15 b. & sa..

$94.

.....3904 b. 20¶

... T. 12.a, & sz.

Estates......

Shanghai Cottons Tis, 60 b. (now) Tis. 304 b.

Orientala

Comenta (combined)

China Lights (combined)

Providents. (combined) ............

P

#Tis, 3.90 b. &e.

.92) sa. DOM.

.

Bopes (combined) 848 s. $47/7); am. Hongkong Tramways...... $40 b. 391/40

...$20 b, Peak Trams foki) Lane Crawfords

$184. Constructions............................................34 b. di na:

*****¥4,40 b. b-buyers; s—sellers; sa-sales.

Bealtice

98A, WANGHAI ROAD,

HONGKONG.

Monumental Work neatly executed in Italian

or American Marble, Polished or Fine Packed Hongkong Granite.

Marble Fireplaces supplied and fixed to own or selected design.

Estimates and Designs sabutted free on our Head application at the abori-or at Office in

CHINA BUILDING (Facing QUEEN'S THEATRE)."

ARTIFICIAL WREATHS IN STOCK. [1485

ARTIFICIAL SILK,

At the present time the demand is still keen both here and in America," said Mr. Samuel Courtauld at a recent moeling of Courtauld's, Limited, the great artificial silk company, whose net profit for 1924 was £3,880,745. Ho s&w no imminent probability, he said, of con- sumption falling behind production, although it was impossible to tell what, the distant future had in store.

Competition was really only now' be ginning.

STATE STOCKBROKERS.,

ANTI-BOLSKEVIST LABOURERS.

Branding Bolshevism as an attempt to

MADE PUBLIC OFFICIALS IN ITALY. use the good name of Chinese labour for the self-aggrandizement of the Com-

By a decree published in Roine, last munists nad to make the inhourers suffer month, all stockbrokers are "uppointed thereby," Shanghai labourers are said to public officials. Their deposit guaranteë be forming a new organization for the has been fixed at from £4,170 to £8,340. purpose of combating Bolshevism and The deerce also states that the amocia Communist propaganda The new body tions and guilds of stockbrokers shall ho is to be known as the Labourers' Asso- collectively responsible for the individual ciation to Combat Bolsheviam

obligations of their members,

+

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 - 174-3-4 PICCADILLY · LONDON · W. 1. ENG.

ik kaleratu onis: DONNELLY & WHYTE, Distributors for Hongkong and South Chics QUEENS BUILDINGS. Tephone: Central 434

Jenkyn

Obtainable a: Lane, Crawford,

Ltd: Tabaqueria Filipina. Graeco-Suyutan

Tobacco Ztera, and gil high-class Jobsvormis.

At 95 cents

per tin of 50

To cope with the

Crowds

that wish to see

OUR EXCLUSIVE PICTURES OF THE

DR.

AN

FUNERAL

OF

SUN YAT SEN,

EXTRA PERFORMANCE

will be given Daily

at 12.30 p.m. at

THE CORONET

Prices 80 cts, and 40 cts.

Usual Dally Performances at

2.30 pm, 5.15 p.m., 7.15 p.m. and 9.15 p.m...

The big picture is

"THE FIRE

PATROL"

A mighty drama of the Sea

with

ANNA Q NILSSON, MADGE BELLAMY and a whole host of other Stars.

THE

CORONET

ONTINENTAL

SOLE-AGENTS; BORNEMANN^^& CO., HONGKONG ~~~~ Queza's BoaD ARCTIC BULLSIRO, CANTON-No. 17, Tzs Yu Ha Kat***

ON SALE.

FONGKONG HANKARD.

-the KIRTINGS LEGISLATIVE. COUNCIL Bandon: 1924, PARA

·Berised by the Members.' *PRIOS

falls Patis · OFFICE