1925-05-15 — Page 3

Page

"DECOLITE"

FIRE-RESISTING FLOORING-

fawarded Gold Medal Franco-British Exhibition;)

JOINTLESS. HYGIENIC & NON-SLIPPING" Laid by Our Own Workmen on STEEL, WOOD OR CONCRETE.

THE UNITED ASBESTOS "ORIENTAL AGENCY, LTD.

Tel, Contrai 280, "

QUEEN'S

5, Queen's Buildings.

69.

THEATRE.

TO-DAY ONLY AT ALL SHOWS.

RICHARD BARTHELMESS

IN

"THE SEVENTH DAY" Directed by Henry King of Tolable. David“ fame

ALSO

HIS RASCALS

IN

"STAGE FRIGHT"

An Our Gang" Comedy in 2 Parts.

TO-MORROW AT ALL "SHOWS.

"THE FATAL HOUR

With An All Star Cast

Cecil Raleigh's Mighty Melodrama.

USUAL PRICES.

WORLD

11

"

190

THE HONGKONG DAILY PRESS. FRIDAY, MAY 15TH, 1925

THEATRE.

TO-DAY TILL SÄTURDAY, at 5.15 p.m. & 9.15 p.m.

THE WORLD FAMOUS DANCERS AND SINGERS"

MME. & MONS. DORBOS

IN

THEIR WONDERFUL ACT INCLUDING-

THE GREAT INDIAN DANCE OF DEATH

A GLIMPSE OF ARGENTINE

A ROARING BURLESQUE OF "HULA” “HULA '

ALSO

EUGENE O'BRIEN

"WORLDS APART"

(A SMART SOCIETY DRAMA WITH ONE OF THE MOST PICTURESQUE FOX HUNTS).

COMING.

COMING.

WILLIAM FOX PRESENTS "THE ELEVENTH HOUR."

98

HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.

CONTRACTORS FOR

CIVIL ENGINEERING BUILDING WORK OF ALL DESCRIPTIONS.

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

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

Enquiries to HEAD OFFICE

ST. GEORGE'S BUILDING OHATER HOAD.

Telephone Central 4581 (Two Lines),

PIANOS FOR SALE OR HIRE.

TIL. 4648

TSANG FOOK PIANO CO

No. 8, DE VI BOAD CENTRAL(Entrance Ice Hones Street.)

PIECE GOODS POSITION.

ATTITUDE OF THE HONGKONG CHAMBER OF COMMERCE..

A few days ago we published extracts from letters that had passed between the Chinese Piece Goods Guild and the Hongkong General Chamber of Commerce regarding the position in the Piece Gooda Trade.

It will be remembered that the Guild asked for a number of concessions from Importers in order that the Chinese Dealers might be helped to tide over the present dull period.

The Chamber of Commerce sent a sym- pathetic reply to these requests, but the Piece Goods Guild were not altogether satisfied and have since returned to the attack

The letter pubfished below, which has boen sent by the Chamber of Commerce Committee in reply to the Guild's fur- ther communication, gives, as will be seen, un interesting summary of the pre- seat trade situation:-

Stx-Your further letter of May 2nd on the piece goods situation has had the very careful consideration of my Committee who find themselves largely in agreement with your contentions, which go to show conclusively that the deplorable political situation in China is at the root of all the present trouble. Unfortunately neither importars nor dea- lers can do anything to alleviate condi. tions which are entirely outside their pro-

vince.

My Committee can assure you that they bave in no way failed to cavisage or

We are showing

Smart Summer Frocks and Hats

AT MODERATE PRICES.

fully to appreciate the difficulties of the At the Sign of the Lantern,

present. situation. and both dealers and importers have their wholehearted sympathy.

I am instructed to say, in reply to your contentions, that no erroneous-im- pressions exist in the minds of my Com- mitter regarding the evils attaching to the circulation of debased coinage, nor do they necessarily look for any materi al appreciation,-permanent or other- wise in the rates of exchange for China's deprreiated currencies, but presumably dealers adjust their prices from time to time in accordance with rates ruling.

The fact that the Home markets hare remained Arin while the sterling rate of exchange for the dollar has declined is, as you point out, to the good, and I think it is also undisputed that stocks! in consuming markets in the interior are' very much depleted. Undoubtedly, there- fore, the lack of demand from the interior is due to political strife and difficulty in transport, but

my Committee cannot subscribe

your assumption that this state of affairs will continue indefinitely and that all trade will ultimately be brought to a standstill. A certain amount of trade will continue to be carried on, and un- der the present adverse circumstances the present offtake may not be considered so very unsatisfactory.

My Committee is glad to note your agreement that the carry over of stock ia comparatively small, and it is only natural that the disposal of present com. mitments should cause some concern to individual dealers, but if a new stocks are ordered for this and/or early next year there will be no new styles or designs on the market and consequently there can be little or to change of fashion next season.

in reply to the question in Para of your letter, my Committee recomended that importers should not unduly press dealers to effect clearance of goods at due date, but assist them as far as pos sible, and consistent with the terms of their contracts, to carry any goods which it is found impossible to clear this sea- Bon, until next.

|

12, PEDDER STREET.

TELEPHONE CENTRAL 4864. (FIRST FLOOR

(118

HONGKONG SHARE MARKET. CLOSING QUOTATIONS:

MAT 14TH, 1925. Hongkong and Shanghai

Banks

$1,935 b. Canton Insurances

$750 bx, div. $370 b.

b, 900 35.

Sangkung

Fire Insurancas.. Union InsuranIĆUB_............ Douglas Steamships.

Q: H. Steamboat "Star Ferries.... Waterboats *****... [Iransporta Bugars Langkats (combined) Kowloon

con Wharres. Whampoa Doske

China

Shanghai Dooks H.K. & S. Hotels

Hongkong Lands

4391 dom. A

$32/3 317 om.

$63 8.

b.

Tia, 25b.

$195 8. & $1.

$119 *.

„Tis. 1334 b. & shần

15/15 nom.

$95, nom. #204 b.

Tis, 11.10.

Tu .3.90.com.

Humphreys Estate. Orientals Cements (combined)...... 28 8 b., 238. China Lights (combined).

Providente,.. ..(old) 221/3 sa..(new) 16. Dairy Farms......

Electrica

R.K. Bopes (combined)

Tramways

8

$261 b.

,481 nota.

$4 nem.

₤4

| nom.

Watsons.....(old) $23] zam., (new) 21zom.

Peak Trama (old)

... DOMI.

China Caderwriters....... 3 b... Benguets...

buyers; sellers; su—utes.

LAND SALES IN HONGKONG, LARGE INCREASE IN NUMBER OF RESUMPTIONS,

The Land Officer's report for 1924 states that there was a slight falling off in the amount of registration done as compared with the preceding year which It is niso hope 1924 6,000 decds and documeals were re- was an abnormal one During the year.

ask

gistered under the provisions of Ordinance No. 1 of 1884 affecting 7.118 lots of land.

that importery will not have to dealers for margina on goods so carried, nor for payment of interest or charges until the goods are actually The total consideration on sales, mort- delivered, thus freeing them from any ages, aurreaders and miscellanous docu- immediate strain on their finances. Blyants mounted to $184,103,616.75. The Committee trust that this will have the total number of documents registered in beneficial effect on the general tone of the Land Offies under the provisions of the above mentioned Ordinance to the the market you anticipate, and prevent end of 1994 was 85,114 dealers from making any nogecessary zacrifices.

The total area of land granted on lease during the year was 418 acres 3 roods My Committee regrets to learn that you 8.11/20 poles of which 410 acres 1 rood have received complaints from members 4/5 pots was in respect of lands dealt of your Cuild to the effect that the pawireby the District Officers; the total tice of holding delivery orders for sum

but

ле

ния

roods 14%

mer goods in order to enforce clearance area resumed was 294 acres of winter corgo Was stili in vogue,

this report

two made or three days before the date of your letter, it is quite possible that the oc- currence was prior to this Chamber's the Fublic Works Department. commendations, reaching the hands of the importera. It will be readily under stood, however, that my Chamber cannot do more than make recommendations to its members which, as promised in my first letter, has been done.

poles; the excess of land granted over and resumed during the year was 123 Bres 3 roods 34.1/20 poles. This is ex- clusive of quarries and lands let for short terms under temporary permita issued by

Yours faithfully, (Syd) 31 F. KEY.

"Becretary,

Notwithstanding bad trade, the big stores of London have been, doing, ex- tremely well. Harrods profta were gear ly £35,000; Barker's nearly £450,000; Debenham and Freebody's which includes Marshall and Backgrove's and Harvey Nichol's nearly £700,000; Selfridge's nearly £335,000; Bradley's £110,000; Whiteley's $990,000; the Bon Marché £117,000 and D. H. Eva £130,000.

The outstanding feature in the work of the Land Office this year was the great increase in the number of resumptions carried through; 514 lots or portions of lots including several Large farm lots were surrendered to the Crown in connection with various public improvements, in res pect of which sums amounting to $2,200,000 passed through the hands of the Land Officer by way of compensation. The large area of the land resumed will to a great extent he set of at a later date by the issue of lenses for lands which the Crown has agreed to grant in exchange.

CINEMA NOTES.

WORLD THEATRE.

The

Bome excellent dancing is being "pro- vided by the Dorron Duo, who are now playing at the World Theatre. Dances from. Bumania, of which country When a customer buys the best (coal) the talented pair are natives, rouse great he gets the best or the next best; the only enthusiasm. There is no doubt that the thing that is always the best is the price." turn" of these artistes is a very pleas -Captain. Carro-Jones; M.P.

ant addition to the picture programmes,

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

Marsfacturer

the preferred cigarette

Jenkyn

Obtainable at

Lane, Crawford,

Ltd. Tabaqueria Fülaka. Graco Egyptia

Tobacco turec

and all highmclusa · Tobacconists,

1. WII & SONS - LTD - 1454 PICCADILLY LONDON W. ENG. At 95 cents #holle ny? DONNELLY & WHYTE, Distributors for Hongkong and

South China-I QUBEN'S BUILDINGS Telephone: Central

per tin of 50

-TO-DAY & TO-MORROW-

23

at 2.30 p.m., 5.15 p.m., 7.15 p.m. & 9.15 p.m. LIONEL BARRYMORE

in

The greatest of Blasco Ibanez' Stories, "ENEMIES of WOMEN"

in

11 Splendid Reels

NEXT

CHANGE

BLACK OXEN

THE CORONET

E MERCK

13

Darmstadt.

克飘怡

輿

Merck

#

чтив

CHEMICAL WORKS

· Estazlınıza · 1668.

"MERCK'8" Products are second to none for Parity and Reliabity. Solo-Agents:-BORNEMANN & Co, FoxGKONG, ASIATIC BUILDING. 195

PATHE PHONOGRAPH

PLAYS ALL KINDS OF RECORDS

THIS IS OUR MODEL No. 20 THE PHONO- GRAPH * OF EXCELLENT QUALITY

H.K. $59.00

Sapphire or needle sound box optional.

Pathe Orient

12, Queen's Road Central, Hongkong.