1926-03-06 — Page 3

Page

DECOLITE

FIRE-RESISTING FLOORING

(Awärded Gold Medal Franco-British Exhibition.)

i

JOINTLESS, HYGIENIC & NON-SLIPPING

Laid by Our Own Workman on

STEEL, WOOD OR CONCRETE.

THE

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tal, Central 286,.

ANCHOR

2, Queen's Buildings.

BRAND

PURE MANILA ROPE.

“THE CORDAGE. YOU CAN TRUST."

MARINE ROPE

TRANSMISSION

OF POWER ROPE

CABLE LAID

HAWBERS

WELL DRILLING

CABLES

`ESTABLISHED 1854

ROPE

NCHAUSTI

FACTORY

MANILA

69

RUPES OF ALL SIZES FOR ALL' PURPOSES

MADE FROM PURE MANILA

HEMP

MANUFACTURED

BY THE MOST MODERN MACHINERY.

STOCKS ON HAND OF ALL SIZES ENQUIRIES SOLICITED.

HONGKONG OFFICE:

FACTORIES-MANILA, PI.

KING'S BUILDING. TELEPHONE CENTRAL-- 3165, -

If its Heating, Lighting or Cooking GAS IS SUPREME.

The use of Gas means that every constituent of raw material-Coal-has been completely utilised" in its manufacture before reaching

the consumer.

Therefore the use of Gas ensures Economy of Labour

Elimination of Smoke and Dirt

Promotion of Cleanliness & Health

11

Reduction of Fire Risks.

Full particulars of Gas Fittings for every pur- pose can be obtained at the Show Rooms of the

HONGKONG & CHINA GAS Co., Ltd.

18, Des Vœux Road Central and West Point

THE NAVY'S CHOICE

Coales

ORIGINAD

A.P.B

PLYMOUTH GIN OBTAINABLE EVERYWHERE.

To the Publisher

**HONGKONG WEEKLY

PRESS"

1a, OBATIA BOAD, Estone-

Please send in tha

"Hesexors Wanzer Pazsa,"

frame1926

THE BRITISH MALAYA TRUSTEE

EXECUTOR COMPANY, LIMITED.

(INCORPORATHU IN SINGAPURI).

HONGKONG DAILY PRESS, SATURDAY, MARCH 6TH, 1926

CONTROL OF THE CHINESE CUSTOMS.

CHINESE NEWSPAPER'S COMMENT,

The Peking Daily News confesses com- pleto mystification regarding the motives

HONGKONG STOCK EXCHANGE.

CLOSING QUOTATIONS.

MARCH 5TH, 1936, Hongkong Bank

$1,000 buy. Do London..........£134 nom Chartered Bank.....................

DOM.

of the various Shanghai organimation Marcantile Bank, A. à B. „daily nom. iasm for control of the revonuca of the P O Bank. .......£ist nOEL,

which have suddenly developed enthus-

Chinese Maritime Customs. The paper Eat Axia Bank.

Canton Insurance ............

Do

་་་་

KOM.

MON,

$500 bar, $$ sel.

„Tla. 145 nom.

nom.

DOGL

šunom. .90/3 buy. $57 buy

says:-

At first they limited their expressed China-Undarwriters..... desiree to control of the Consolidated North China Insurance Loan Service, but when they saw that Union Insurance

1973 buy, 374 an. the Inspector-General might with acne Fangtese Insurance S4 buy. alacrity toss the service into their laps China. Fire Insurance

Linai.#166 buy. they shifted their ground, apparently nos Hongkong Fire insurance,630 buy.

sel. expecting to find Sir Francis Aglen's Douglases........

U. & M. Steamboats pronounced readiness to relinquish cus

119 bay. todianship of domestic loans. There fore, realizing what such a relinquish ment would mean to the market, they thought of something else, which, if ap complished, would be the first step to wards the raination of the Customs ser- vice, and incidentally the last step to- wards the ruination of China.

It is amazing, the paper says, that aro to be found at this critical stage of China's existence who are ready to trife with the one and only solid part of har Sandcial foundation. Tot we find organizations in Shanghai, supposedly composed of responsible men, demanding the establishment of an independent Customs revende and Treasury,"

business men

ग

Hongtang Tura........... Indo-China (ref) ...... shell Transports

(Dok). Star Ferris. Oriental Navigations..... Waterboats

Chion Sugars Malabon Bagar Baugusts... Kailan Mining Ad.. Langkats (combined) (ingle)..... Shanghai Explorations.. Shanghai Loans Baab......... Tronoh Mines Ural Caspians H.K. & E Wharis.

& W. Docks Hongk Now Engineerings. Shanghai Dod

Hotels

ܘܢ̈ܐ.

$37 buy

4 10. buy. 4250 nom.

27/27 $39 nom.

42/6 bay.

Tl. 33 buy,

11 nom.

Tis 5 sel.

hom.

$5 buy 55-bay.

.8/- nom.

$180 buy.

So bay,

Ta 165 buy..

.Th. 51

sal

શર્ષ હતું.

3.00 153 buy.

3123 bay. ‚$120 kal

Hongkong Lands Hongkong Realtys (a.p.)$5 Bal HR Territorials (up)....834 sel Humphreys Estates...... Prince's Building....... Rural Lands Ewo Cattons Orientals Bhanghai Cottons (old)

Do. Amusements Canton, Ices Vementa (combined)

(old)

Do Do. Uhins Lights (combined) China Buses....

And this at a moment when the self- same bankera have telegraphed to Peking stating: Owing to the opposition of Marshal San Chuan Fang "the recently issued Treasury Notes cannot be placed on the money markets of Shanghai, Hangchow, Ningpo and Nanking. It is incredible that bankers who thus confess to control by a militarist should be par ties to a campaign to jeopardize the last shred of security existing.

The militarista (the paper continues) havo bled the country white, mulacted the merchants of vast sums of money, caused colossal losses to the railways, brought rüination to multitudes of pro- dücers and inhabitants in the interior, aid on top of that terrible record the merchants and banking organzations in Shanghai act as though desiring to assist the debauchery by selecting this crucial time to talk publicly of tampering with the Customs Revenue Service. If China Providenta they devote their energies to a campaign Constructions against the militarists, to reorganizing Dairy Farms............. broken down railway and inland tran- Her A Wing (p.) ....... sportation services, and to inaugurating Hongkong Eleatrics... reforms calculated to benefit the people Macio Electrice ......... they will be doing something necessary Developments. and, of immediate benefit. To spend HK.. Lopes (combined). their time an airy and useless theories while wreck and ruin are crashing all about them is to emulate the gentleman who fiddled while the capital of his to sold at a sua qolga Saundo de sem pred on Spray Saras "Is there not some voice in" flames. Shanghai capable of crying a half to this madness!

GOLD AND CURRENCY. VIEWS OF A LEADING LONDON BANKER.

2

Sir Felix Schuster in the course of his address at the annual meeting of share holders of the National Provincial Bänk yaid:

Our return to the gold standard" took place sooner than many expected, but at the right moment, and the results bave shown that it was not a rash step, and that we were prepared and equipped for it. That is not a banking question alone. It is not in the interests of the banks that we have advocated and supported it, It is in the interests of the whole trade of the country and of the community. fact, it is essential to trade.

Ic

After a very brief period of unavoid able slight dislocation, our prices have been restored to world level; we can com- peto on equal terms, we can secure raw materials and food at the lowest prices. An element of uncertainty has been re- moved for our traders and for those who wish to trade with us.

At a meeting in the City of London I need not dwell on the importance of the restoration of our position as a leading! financial centre. The pound sterling has once mote regained its position as a standard of valus all over the world, and I doubt not that our position as a finan- cial centre must ultimately tend to lower, and not, sá has been stated, to raise rates for money in our markets, whilst the action of the bank rate supplica a useful check against over-trading and lending.

01787-

.: Da

Do.

QUEERS

SUPER ST

TO-DAY ONLY

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

AMIE MAYNARD

WITH

THE ROYAL HAWAIIANS

DIRECT FROM · · HAWAII

IN CLASSICAL AND HAWAIIAN

DANCES

17

NATIVE SONGS AND MUSIC.

One of the greatest pictures of any Season LON CHANEY

IN

"HE WHO GETS SLAPPED."

TO-MORROW.

THE ROYAL · HAWAIIANS

,$7 sol

is 9.10 bay.

A COMPLETE

Tis. 8 now. Tix. 54 buy. 28 buy.

$11) bay.

$73 noma.

..$14; buy,

.812 buy,

$21 boy.

...Thi. 10% buy.

$19 buy.

(old) .......................$14, bay. (nav)......$11ż boy,,"11/1}} n.

..$7.10 buy. & am. ***3 sal

Do (old) Do. (10W) Hongkong Tramways Lane Crawfords, Mackintosha........

Peak Traizi (old).........$16

Do Sinceres......

W

$16 bay. $10 nom. 356 bay, 581/58h an.

$40 nom

125 cts. nom.

136 sel $12 nom. 57 nom

823 buy.

812 sal

.821. nom.

buy., 15% rel., 16 mm.

Hom.

$11 wal

$20 nom.'

United Asbestos............. Watsons (old)...................... $12 BOL

Wm Powels Telephones.....

$34 bay. buy-buyers; sel-sellers; misales;

nom-nomin

BY ORDER OF THE MORTGAGES.

PUBLIC AUCTION

THE VALUABLE LEASEHOLD

PROPERTY Situata at Vicrog in the Colony of Hora

LONG and registered at the Land Office BLOTION G or Bussection 5 07 SECTION AS OF ISLAND LOT' No. 795, Together with the Messuage or Tenement and other Erections and Buildings there on now known as No. 17, HILL ROAD;

"

AND

THE VALUABLE LEASEHOLD PROPERTY

Situate at Mozexortsux in the Dependency of Kowloon and Colony of BoNGLONG and registered at the Land Office SECTION B OF KOWLOON ISLAND Lor No. 1261, Together with the Messunges or Tenements and other Erections and Build. ings thereon now known as Nos. 284 10 309, PORTLAND STREIT (Evan Numbers)

ני.

IN TWO LOTS MR. EVM. B. SOUSA, Auctioneer,

MÀ

THE CHINA AUCTION ROOMS, 'No. 4, DUDDELL STREET, HONGKONG, TUESDAY, TH 9TH DAY 09 MARCH, 1928, ́AN 3 O'CLOCK P.M.

M

Until the end of last century, when the South African War broke out, we were the cheapest money market in the world. This is now certainly the case as regards Europe, and from inquiries I have made B.TO-

I find that oven in the United States

เ

For further Particulars and Conditions of Bale, Apply to—

GEO. K. HALL BRUTTON & CO.

Mortgages Solicitors, 8. George Building, Chater Road,

MR. E. V. ME

Auctioneer, No. 4. Duddell Street.

SOUSA,

the average rates last year at which ac commodation was granted by bankers to Datad the 22nd day of February, 1926. [1218 trade were not materially lower than those prevailing in this country, while

THE GOLD POSITION,

WITH

CHANGE OF PROGRAMME

AND

JACK PICKFORD

IN

“WAKING UP THE TOWN”

A UNITED ARTISTS PICTURE,

WE BUY

China Lighta

(old, new, coinb.) Hongkong Trama Taga

Union Insurances

for long-dated loans, Debentures, and per cent, higher than it was in 1915, the bond issues, the rates which great indus-year of the maximum production of the trial undertakings had to pay, were to world. The British Empire produce, 70-1 tually somewhat higher than in this per cent. of the world's outpat. Sap- market. Thas the contention that the plies from South Afrien have been re reintroduction of the gold standard bastarded by the fact that they themselves done injury to our trade through money have established a mint and a gold cur- That once being dearer than in competing countries rendy for their country.

secured, the outflow will begin again, falls to the ground.

and production seems likely to increase. Shail we be able to maintain the gold from those countries who wishto For a time there may be a demand standard without unduly raising interest stabilise their depreciated currencies. rates Judging from all past experience? there does not seem to me, any doubt. Some of them will do so on a gold stan- After quite considerable withdrawals anddard rather than on a gold currency.

Conditions in the United States ine THE Company is prepared to act as the customary expansion of currency adicate a period of unprecedented prospe THE

EXECUTOR, ADMINISTRATOR or the end of the year the gold in the Bank of, rity, higher prices, and the probability England amounted to $144,500,000, while of larger imports of merchandise, and an TRUSTEE and as ATTORNEY or AGENT £7,000,000 of silver were held in the cur for Persons having Interests in ’MALAYA orrency reserve. Bank of England and outflow rather than an increase in their currency notes in the hands of the public holding of gold. The East, it is true, has made large demands, partly caused were £403,000,000, giving a proportion of by the high price of rubber and better about 374 per cent. Since that time all conditions in India; yot on the whole the the exchanges have moved in our favour probabilities seem to be that the influx | Gold production, which daring the war here is likely to exceed any requirementa had been reduced, is increasing again for gold shipments. Ultimately, how and that of the Transvaal is actually ever, everything must depend on the

(Continued on next column.):

direction of our trade.

desiring to scouire Interests there.

Booklets and may further Information may be obtained on Application to the SECRE TARIES at CHARTERED BANK Czas

[123

"SINGAPORES

IN VESTMENTS.

"WE SELL

Hongkong Banka

Watsons

Amusements Cementa

Malakoffs

Forrita

Lunza

Malaka Findas

Constructions

Pamba

Sinceres

Developments

Joramas

Underwriters

No Lot Too Small No Lot Too Large.

HONGKONG SMALL INVESTORS SHARE & REAL STATE do.

10, Des Voeux Boal

TIL. 4630

(195

SOUTH CHINA KNITTING FACTORY.

Owing to the rapidly increasing demand for our HIGH GRADE COTTON SOCKS.

We have recently installed the latest machinery, making it the MOST MODERN KNITTING FACTORY IN HONGKONG.

We can now cope with the largest orders in the shortest time, and invite enquiries from Wholesale and Export Firms who are interested in a class of Cotton Socks which have rapidly acquired a wide- reputation throughout the Far East and India for Quality and Dependability,

Office' and Factory: MONG KOK, KOWLOON. TL K598 Cable - Addeen . SOUCHIKNIT, HONGKONG.

APR.

[104

There is a Finesse in the use of Perfume that can only be appreciated by the Woman of Exquisite Taste. A Fragrant Perfume is the expression of a Woman's Personality and is worthy of an Artistic Receptacle.

GENTLE LIGHT and SWEET FRAGRANCE are combined in a manner to appeal to the most. Fastidious Seeker after objets d'art for the Boudoir and the Hursery in

PERFUME

LIGHTS.

Nobody who is a Lover of the Beautiful and Useful in combination, should fail to see these Charming Novelties, now appearing in Hongkong for the first time As a Present for Her, these, and other Beautiful and Artistic Examples of Boudoir and Toilet necessities,

can not be surpassed.

THE QUEEN'S

22 Des Vœux Road Central

DISPENSARY.

Telephone C. 492.