Page
THE UNITED ASBESTOS ORIENTAL AGENCY. LTD.
Tal, Oentral 286.
AGENTS FOR
THE - HONGKONG DAILY PRESS, WEDNESDAY.APRIL 7TH, 1926
1, Queen's Buildings,
BRIGG'S BITUMINOUS ENAMELS & SOLUTIONS.
SOLE AGENTS FOR
'UNION"
ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS
FOR SHIPS BOTTOMS.
ANCHOR BRAND PURE MANILA ROPE.
"THE CORDAGE YOU CAN TRUST."
MARINE ROTE
TRANSMISSION
OF POWER RUPE
CABLE LAID
HAWSEES
WELL DRILLING
CABLES.
ESTABLISHED 1854
YNCHAUST
ROPE
FACTORY
MANILA'.
€9
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 I
PACTORIES:-MANILA, P..
TELEPHONE CENTRAL 8165.
HONGKONG OFFICE:
KING'S BÇILDING.
A.P.3.
SOUTH CHINA KNITTING FACTORY.
Employs over 450 people and has 140 knitting machines, all "recently imported from abroad, under the supervision of an American trained Expert Engineer.
This Factory,
the most Modern Knitting Factory in South China, is now manufacturing MERCERISED SOCKS
of the same high quality and dependability as the
COTTON SOCKS
with which the made their
Firm reputation.
Full particulars given to all Export and Wholesale Firms interested in these goods, which are favourably known, and have acquired a high reputation, throughout S. America, Australia and Africa, as well as North China and India."
Office and Factory Cable Address:
Mongkok, Kowloon. Tel K593 Souchiknit, Hongkong.
A.P.B.
THE WARM WEATHER IS HERE.
COOKING
GAS FOR
AND BATHS.
SAVES TROUBLE. SAVES TIME, SAVES DIRT.
All the latest Gas appliances can be inspected at the Hongkong and China Gas Co.'s showrooms, 26, Des Voeux Road Central and West Point.
-A.P.B.
GOVERNOR OF THE BANK:
THE AUTOCRAT OF FINANCE
MR. PHILIP SNOWDEN'S APPLICATION.
An appreciative article on **The Governor of the Bank of England" is contributed to the Banker by Mr. Philip Snowden, M.P., "former Chancellor of the Exchequer, In his article, which supplements one by Sir Robert Horne in the January issue, Mr. Philip Show. den says:-
On the evening of the day I assumed office as Chancellor of the Exchequer a secretary came into my room to say that the Governor of the Bank would like to present his compliments to the new head of the Treasury.
I had not previously met Mr Norman, but I had a vague idea of what a Governor of the Bank of England fought to look like, I seen caricatures in the Socialist Press of the typical finan cier the hard-faced, close-fisted, high-
|
HONGKONG STOCK EXCHANGE,
CLOSING QUOTATIONS...
Angking Bank......
AFIL OTH, 1998, -- 1.81,065 bay. 1,047) **.
Do. London. Chartered Bank Harcantile Bank, A. & §.
Dor P. & O. Bank East Asia
Ank Bank Canton Insurance
China Underwriters North Okina Insurance
£125 rom.
£30 bay.
21st bay. £91 nain. ..$80 bay. ***es buy.
11.95 barn 2
145 nom.
Union Insurance...ali bay.
...$40 nom. angtare Insurance China Fire Insurance ............. ..$170 bay, Hongkong Fire Losurauss $550 buy. Doug 200 ELE
O, & M. Steamboate Indo-China (Prof.) Hongkong Tags:
Da (vot.).
Shell Transports
Ntar FermaS... Waterboats.
Oriental Navigations China Sugar Malabon Sagara Bengoats........... Kailan Mining Ad... Langkate (carabined)
(single) Explorations..
nosed individual, whose activa brain bad ORD
worn off every trace of hair from the Bamba... summit of his head. I wondered if the Trench Mines Governor of the Bank of England-the Ural Caspiano autocrat of international finance the H&K Waarts, man who in these modern days had HK & W. Docts usurped the powers of Tears and Kaisers, Hongkow...vi and who held in his hands the destinies Now
Docks
of the millions of a far greater Empire,ILK. & S. Eotels
would look like that!
L
But there came into the room a man so différent. He might have stepped out of the frame of the portrait of the most handsome courtier who ever graced the eburt of a queen. And it took but & short acquaintance with Mr. Norman to know that his, external appearance was the bolily expression of one of the kind list natures and moat sympathetic hearts it has evoz been my privilege to know.
"I do not remember clearly what we talked about at that first interview, but the impression of his character. made upon me, still vividly remains.
WORKING WITH TREASURY.
Lands
(new).
Shangherings. Hongkong Hongkong Realtys (6.p.) H.K. Territoriale (f.p.). Humphreys Extatas. Prince Buildings. Baral Lands Ewa Cocions Orientals Shanghai Cottons (old)
Do. Amusements Csaton Icos Camante (combined)3.
Do. Do. Chins Bases......... Chine Lights (combined). (old) ... Do. (new).... China Providents. Constractions.................. Dairy Farms. Der A Wing (4.p.) ....... Hongkong Electrica Macão Electrics EL.K.
340 núm.
bay.
bay.
is nom,
Jasa nom.
#35
As nom. 24 nom
49/. buy.
THON
Tl 23 bay...
Tls. 12 buy. 4.60 bay, 6 sol.
0117
Tis. 7 hom
འ
$5 bay.
..61/ buy.
..8%.
$131 buy.
$80
no
Tim: 1824 bay. TL 3.30 buy.
Tis. 100 bay.
3101 buy.
867 nom.
..$8 day.
$54 nom.
$142 bay.
$100 nom.
'Tis. 9.85 'bay! Tis. 9.65 buy. Tls, 55 day. Tia. 28 buy. Sill buy.
$73 nom.
UBEN Cinem
QUE
SUPER 7T
TO-DAY ONLY
At 2.30, 5.15, 7.15 & 9.15
IRENE RICH
OF WINNING PERSONALITY AND CHARM
THIS
SUPPORTED BY
LOUISE FAZENDATM
CLARA BOW
IN
WOMAN"
A REMARKABLE
INCLUDING
CAST
RICARDO CORTEZ -
MARC MCDERMOTT
AND
CREIGHTON · HALE,
:
From singing in the streets she rose to stardom in Grand Opera and when she reached her goal she was forced to choose between love and a career.
WHAT DID SHE DO? WHAT WOULD YOU DO?:
102 nom...
THE STAR
(old)
....13. buy.
„21. 10 wel.
boy
$15 buy. 11881. .....57 mil.
... nom.
..$10 nom. ..$844 zei
$40.nom.
"A Chancellor of the Exchequer sees much of the Governor. Or, it would, perhaps, be more correct to say that the Governor sees much of the Chancellor. It is well known that the relations bo tween the Treasury and the Bank are close and intimate. And they are prob.K, Bopes (combined)...
Developments..........25 cta, hom, abiy much more intimate to-day than in Do.
(old) the past, for great political problems and Do. (now).. financial problems are so closely inter-Hongkong Telephones Hongkong Tramways Lane Crawfords.. Mackintoshs.. Peak Trams (old)
Woven DOW.
1
"It was said of a great statesman of the Victorian age that he had the inter. national mind. How truly that may be saic of the present Governor of the Bank of England. To him, more than to say statesman of Europe, is the credit due for the partial restoration of the economic condition of Europe in the last few years
"I never hear uninformed remarks about the callousness of international finance but I think of the injustice done through ignorance to a man of the high and unselfish motives of the Governor of the Bank. I think of the prolonged and Herculean efforts, he has exerted to bring international finance to aid the ruined countries of the Continent to re- establish their economic life..
A NEW POLICY.
"The former practice of the Court of the Bank in frequently changing tha Governor had disadvantages. For many years now it has departed from that practice, and re-elected Mr. Norman for, 1 believe, sever successive years. This is a unique testimonial to his ability, his character, and to the confidence he enjoys in the world of finance.
Do.. (za).. Sinceres Taxis United. Asbeston Watsons (old))
Do. (new) Wm. Powells Singapore Tractiona
||
$30 sal. .....$ių) nom. $5+ nom.
$261 101, 23 sa .813 buy,, 134 za..
$17 buy.
.376 buy... 7,80 sa. Jli nom.
320 mm, J12 bay, ở H
10 năm. ..58 Bel.
buy-buyers; sel-sellery; as-sales;
som,nominai.
HIGH COST OF LIVING...
HOW PEKING SUFFERS FROM
WARS.
MISERIES OF THE POOR
THE
TO-DAY
WORLD
TO-DAY ONLY.
WILLARD LOUIS and MARY ALDEN
“BABBITT.'
A 6.15 & 9.15
PERCY, MARMONT
"A WOMANS FAITH”.
INVESTMENTS.
WE BUY —
New Engineers Hkong. Bankı
Malakoffs
Steamboata
Etong, Amusements Constructions
No Lot Too Small No Lot Too Large.
HONGKONG SMALL INVESTORS SHARE & REAL ESTATE CO.
10. Des Voeux Road.
WRATTON Wateon
Hotels
Ferrian
་
Dairy Farms
Ac
PEXING, March 20th. Since the commencement of hostilities.
consequent in the North and the disruption of communications, a general scarcity of daily necessities has been experienced and some articles, can only be procured at exorbitant prices. cording to reliable investigations, the price of salt, the most indispensable In ordinary times, when the work article of daily necessity, has now risen of the Bank was more or less of a rou. to three times the normal rate and con tine nature, it probably mattered little sumers are only permitted to purchase huli to change the Governor every two years. a catty each time. It is said unless new But the post-war finance problems have supplies arrive the stock will be exhaust- needed for their treatment a directinged within a week's time. The shortage hand which could work out and pursue of coal has forced the Peking Water, a consecutive policy over a period. of Works to suspend operatione from mid- night to morning.and the Electric Light Co. is also reported to be discussing means and ways to economise the con- sumption of coal.
years.
#
"Even if I regretfully differed from Norman, I admired the force with which he presented his views, and the tenacity
An imminent famine in the capital with which he held to them. It is not has to be faced as regards foodstuffs. unusual to find a certain stubbornness Prices are again soaving though they had associated with a refined nature and a
been coming down, to normal during the gentio manner.
past three months. On the other hand A STORY.
under the pretext of the depreciation of "It is related of him that when he the value of copper coins, which are at returned from the South African War, present over 335 to a dollar, the mer- with military honour upon him, he was chants have raised the prices of articles met by his home people at the railway of daily necessity and sundries, while station with a brass band and other marks unemployment begins to increase abrupt of honour. A carriage, from which they and wages, remain the same. horses bad been taken, was waiting to beggars, who had been cleared from the convey him to his home. The men in the streets when the Customs Conference abafts when they happened to look and Extraterritoriality Commission were rosad, saw the hero of the occasion help- opened, are now seen throughout the city ing to push the empty carriage from be- chasing passers-by for one or two coppers. hind! An incident, whether true or not, The Police aro powerless in view of the overwhelming numbers of such destitutes." quite characteristic of the man.'
The destitute "homes" maintained by the Police are threatened with suspension on account of lack of funds Worse events are anticipated unless the situation
Fen speedily improves.-Kus Agency.
RUBBER DIVIDENDS.
The Hartor Bubber Estates, Ltd., are paying a final dividend of 99 per cent. making 15 per cent. for the year.
The total output of the Kailan Mining. Administration's mines for the week ending March 20th amounted to 88,427 tons and the sales to 44,408 tons.
it
An editor received from a lady some versos, daintly tied up with pink ribbon, and entitled, "I Wonder if He'll Misa, Me!" After reading them, he returned the effort to the sender with the follow. ing note: "Dear Madam,-If, he does, he ought never to be trusted with fire arms again."
The
News
HONGKONG METEOROLOGICAL
TEL. 4830.
Jimas, Jeram
14
Electrics
Ferries
Lane, Crawfords
Trams
WE SELL
Union Insurances
Zinaa
Raube
THE NAVY'S CHOICE
Coates
HÖRIGINAN
PLYMOUTH GIN
OBTAINABLE EVERYWHERE.
(125
410
SPECIAL OFFER at a REDUCED PRICE.
बरे
3 H.P. MOTOR CYCLE
$350,00
STOCK AND SPARE PARTS ON HAND. EASY TERMS CAN BE ARRANGED. LYSECO CHINA CO., LTD.
PHONE: 0. 12217
1141
A TAX ON BETTING? POSSIBLE, STEP WITHOUT NEW LEGISLATION.
4TH FLOOR, Bank of UantoM BUILDING, e, DIS VORU ROAD CENTRAL,
more than a small proportion' of the £200,000,000 believed to be annually staked. The estimates before the Cautley Committee put it, at about 10 or 18 per cent.
It is difficult to see why this course this course In an article in the Times, it is pointed should meet with opposition, except from out that the whole question of amending credit bookmakers themselves. Street the present antiquated and ridiculous bookmaking, it is true, would escape tem- Betting Acts cannot be dealt with, in porarily, but it is to be hond that next tine for this year's Budget, Lord New year the Government will be ready to ton Commenta on, this in a letter in deal with the betting question us a which he says: No one expects the Cor whole. Even the most faustical anti- crament to consume a large portion of gamblers could scarcely contend that a the present Bension in doing battle with tax on what is already legal would en- the Nonconformist conscience"over courage betting. The credit Bookmaker,, the legalization of ready-money betting. although he, like every-one else, objecte But there is no sound reason why a start to being taxed,, would pass the tax on to should not be made immediately which the backer, and the latter is not likely would involve no legislative change what to be deterred from following his fancy by a trumpery 21 or 5 per cent, impost. All that Mr. Churchill need do is to If, however, as is pointed out in the impose a tax. on the betting which is al article, the volume of betting were ready legal. The tax would start with diminished, the Exchequer would be, a leak; but it would not be one of much none the poorer than it is to-day, whilst Bo importance, since illegal (street) betting, & desirable social reform would be 65 although universal, does not represent achieved.
REGISTER.
Hangkung Observatory, April 6th. ̈
Previous On Date On Date
at 2.p.m. 8 a.m. ] 2 pza...
20.02. 30.01 29.97
Barometer
Temperature Humidity Wind Direction... Forch Weather...
Rain
Day
st
89
63
ESE Calm
74
W
ever.
Оля
h OBM 0.00 0.00 Highest open-air Temperature on 5th Lowest open-air Temperature on 6th
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