1926-06-17 — Page 3

SPECIFY

S. K. F.

BALL BEARINGS

ON ALL MACHINES YOU ORDER

We can supply Bearings for all kiads of Machinos,

POWER SAVING. NO HOT BEARINGS.

SELF ALIGNING. REQUIRE LESS ATTENTION.

THE UNITED. ASBESTOS ORIENTAL AGENCY, LTD.

Tel Central 286

BOLE AGENTS FOR HONGKONG.

THE HONGKONG DAILY PRESS, THURSDAY, JUNE 171E, 1926

·Address: 2, Queen's Building.

89

ANCHOR BRAND. PURE MANILA ROPE.

"THE CORDAGE YOU CAN TRUST.”

MARINE ROPE

TRANSMISSION

OF POWER ROPE

CABLE LAID

RAWSERS

WELL DRILLING

CABLES

ESTABLISHED 1854

YNCHAUS

ROPE

FACTORY

MANILA

RUPES OF ALL 'BIZES FOR ALL PURPOSES

MADE FROM PURE MANILA HEMP

MANUFACTURED

BY THE MOST MODERN MACHINERY.

STOCKS ON HAND OF ALL SIZES, ENQUIRIES SOLICITED

HONGKONG OFFICE:

TELEPHONY

FACTORIES:-MANILA, P.I.

CENTRAL 3105.

KING'S BUILDING,

REINFORCED OR PLAIN

CENTRIFUGAL

CONCRETE PIPES.

A.P.B.

́SPUN CEMENT PIPES OF AN IMPROVED TYPE BY A PATENT PROCESS. MADE LOCALLY

In reply to numerous enquiries we beg to state that a detailed price list is now being printed and will be available very shortly.

HONGKONG ENGINEERING & CONSTRUCTION Co., Ltd. St. George's: Building, Chater Road, Hongkong. Telephone: Central 4881 (two lines).

THE HONGKONG ILLUSTRATED WEEKLY.

A Copiously Illustrated Sunday Paper, in English and Chinese,

will appear on SUNDAY NEXT.

Price:-10 cents per copy; $3 per annum.

All who wish well to the increasing spirit of co-operation between Foreigners and Chinese should subscribe to this paper. When you have read the English_section, hand the paper to your Chinese Staff. Cheung Chow subscribers can have their copies delivered at their Bungalows at 8.30 on Sunday mornings." [4.2.3.]

CONTAINS

NO LARDA

NO

OTIRA

There Isn't

A Home

But Needs

THIS WONDERFUL HEALING BALM!

GREAT

ALDIMAL SILOR FAX.

HERBAL BALM

Zam Buk

"RUB IT IN"

·CUTS.

·GRALES ·SPRAFTY PASS-

· BIRFLIS-ECZEMA - BAD ÉIGA FICIAL-BROWSER-CALPTED MARDS RASHES SORES-ERSECT TESLA CHILAS REVMATIS COLD-SODES „DATQURILES POR SPORTINÉR

MOROCATION

HEALING

(1659

CHINA'S TRADE.

INTERESTING AND OPTIMISTIC VIEWS EXPRESSED.

FUTURE PROSPECTS.

Under the heading of "Prospects of Trade with China," a Shanghai correa pondent writes to British Industries as follows:-

THE T.S.S. "RAUB."

FOR STRAITS TRADE...

‚“LAUNCHED' 'AT TAIKOO YESTERDAY.

The twin-screw steamer Raub, which is boing bulit by the Taikoo Dockyard and Engineering Co. of Hongkong, Ltd., to the order of the Straits Steam- hip Co., Ltd., was launched yester- day, the naming ceremony being perform- Presunt conditions and the changes thated by Miss Irene Butler, daughter of the are taking pince in China will need to Hongkong Superintendent of the Oceas be carefully atuilled by British manu-

Steamship Co., Ltd. facturers and merchants if advantage is

Tho, vessel is intended for the Com to be taken of the opportunities for trado

pany's passenger and cargo trads. The It is not that will ultimately arise. suggested that the present civil wars and principal dimensions of the Raub are:

Length overall ...... 249ft. vin, in the near disturbances will cease

Breadth

421. in. Depta ...... 20ft. 30. future, but the and will come some day.

The vessel has two complete decks and The question then it: shall we be ready to help in the rehabilitation of China progenide and boat decks. Every at when the right moment arrives?

tention has been given to the rapid Chion is not a democratic country.handling of cargo, by arranging three For centuries she had been governed farge hatches in the ship served by six by autocrats, mostly, according to Chinese steam cranes, also four large cargo doors! lore, men of high birth and lineage are fitted each side of the vessel to Suddenly, without any warning or pro facilitate the working of cargo and for paration, and at the instigation of a fow embarking natire passengers, Provision hot heads who had received a superficial

is made for dealing with heavy lifts, a Western education and were practically derrick for heavy loads together with a ignorant of the history and traditions

specially designed cargo winch being of their own couriry, China was plunged

åtted to servo Nos. 1 and 2 hatches. into a revolution, from which emerged The 'tween deck. space throughout the a so-called republic. Not only Chinese length of the vessel is arranged as native merchants, but men who have tried to passenger accommodation. help their country by accepting posts in tion for first class passengers is arranged on the shade deck, in large staterooms the Government, and have resigned in atted up in the most up-to-date style. despair, have stated to me that China re- The first class dining saloon, at the for- quires an emperor; and is no good na award end of the shade deck, is ütted with large windows and handsomely fur Republic. Therefore, until astrobg nished in hardwood furniture. Just aft man shows himself who will command the of the saloon an attractive stairway leads to the first class lounge and smoka room respect of the country, we must expect on the promenade deck, the promenade civil wars and disturbances,

space providing ample room for deck games.

ONOWTH OF NATIONALIST FEELING.

Accommoda

UBEN

SUPER

CINEMA

THURSDAY Till SATURDAY (THURSDAY. At 7.15 EXCEPTED.)

LOUIS B. MEYER

PRESENTS

CLAIRE WINDSOR, FRANK KEENAN

AND

LLOYD HUGHES

THE DIXIE HANDICAP

LOVES AND ADVENTURES OF THE TURF, WHERE ARE AT STAKE, HEARTS AND REPUTATIONS

A METRO-GOLDWYN PICTURE.

TO-DAY At 7.15 `ONLY

THE LOST WORLD."

THE STAR

TO-DAY AT .5.30 & 9.15

JANE NOVAK and GASTON GLASS.

THE DANGER SIGNAL.”

THE WORLD

TO-DAY AT 5.15 & 9.15

PETE, MORRISON

" BLACK GOLD."

The machinery, which consists of two sets of triple-expansion engines having TRADE WITH THE DOMINIONS. HONGKONG STOCK EXCHANGE,

sylinders 11ia., 19in., and 31jin, diameter with a stroke of 20ia, with two cylind rical Scotch boilers, has been designed and constructed by the Taikoo Dockyard.

The vessel is being built in accordance with the British Corporation Register of Shipping's highest class for this service, and, when completo, will be a worthy addition to this Company's fine fleet of vessels on this service...

SHANGHAI'S RICE. PRICE SOARS AND PROFITEERS

WARNED BY COUNCIL.

LORD BURNHAM'S VIEWS.

"A NEW EMPIRE." Lord Burnham, speaking on "Britain at the weekly and Groster Britain". luncheon of the Soroptimist Club, at the Criterios, London, said we had in Africa a now Empire which was designed to rival in its wealth and opportunities the Eastern Empire which had counted no much in British bistory.

Then there is the anti-foreign feeling among certain classes of Chinese which has manifested itself during the past year. This is not so much feeling against foreigners as the growth of a nationalist feeling. During the past 20 years num bera of young men have been educated nbroad. They have come back expecting to find China on the same level as the most progressive of Western countrica When they find this is not so, they feel that China's position is due to the ma

Visiting Coylon recently, he found a pro- sperity which was amazing, and was oi okinations of the Western Powers, who,

joyed as a result of the revival of Her they think, with to keep China in sub-

rubber market in the first place. Im jection. They know nothing of the

According to Shanghai newspapers to Malays there was also great development reasons for the various treaties which hand the price of rice has been soaring in this line of production, and in both were entered into by China with the abnormally of late in the northern city; these places Great Britain had as pear world Powers, and they demand the can-It would appear that farmers and natural monopoly as one could see,

dealers in possession of quantities of the He did not think our trade with foreign cellation of what they consider the cereal have not been slow to discover that countries would count half as much in "unequal treaties." Hence the anti- their stocks bring higher prices at the the future as it had done in the past. On harvest time, when, supposedly, rice the other hand, our export trade, and foreign feeling amongst them.

Thus tured goods to our Dominions, was rising pins are running low and the demand especially our export trade of mauulac is greater than at other times. they hold their stocks until the now steadily. Undoubtedly our greatest up- harvest and create the exigencies which portunities were in Australia and New ard well known to a rice-eating nation. Zealand, and he was certain that in The new harvest, now being planted, Canada there was the strong determina with prospects of maturing in early tion to trade with Great Britain so far as September, offers a certain amount of they could. temptation to rice-hoarders. Last Satur day's rice quotation was $17 for 200 lbs,

A factor of importance to British manufacturer and merchants in the growth of industrialism, and the fact that this is going on in spite of internal disturbances. A significant feature is that Chinese capital is now coming for- ward to establish industries, transporta tion facilities, and public utility under takingo. Another notoworthy fact is that technicians are now nearly always Chinese, mostly educated and trained abroad. Up to recent times it was diffi- cult to get Chinese students to do more than take a theoretical course in technics, but now an increasing number go in for a thorough practical course of instruc-ed stocks of rice, which they are with- tion.

CHINESE STUDENTS IN BRITISH WORKS.

THE COUNCIL'S PROCLAMATION. The Municipal Council has issued the following proclamation on the subject:

"From investigations made by the Council into the causes contributing to the present abnormally high price of rice, it appears that, in their greed for per sonal gain and unmindful of the hard- ships and sufforing caused to poor people, certain persons have accumulat

holding from, the market, creating a tem. porary shortage of supplies, and foreing up the price to an unwarranted figure.

Alice is the staple food of the Chinese people, and profiteering or speculating in the food of the people is an offence against the law, and severely punishable.

"Notice is accordingly given that any persons profiteering in rice, whether by the withholding of stocks or by any other acans, are liable to prosecution with severe paualties on conviction, and with confiscation of their stocks...

This, of course, raises the question whether we are to give these young men opportunities for training in British works and factories. When the students only wanted to get a superficial and theoretical training this was not desir able, but in my opinion British manu- facturers will be well advised to accept

The public is earncatly requested to Chinese students for a course of training in their works. Otherwise we shall get report any cases of rice profiteering that hordes of Chinese engineers who have may come to its knowledge. Such re- ports should be in writing, addressed to been trained in American and German the Commissioner of Police, Central and work, and who will, therefore, become Police Station, Hankow Road, prejudiced in favour of American and should give as full particulars as poss ible so as to facilitate prosecution Gorman machinery and products,

The rapidly changing conditions in against the concerned." China also demand that British manu facturers should keep in direct contich with Chinese buyers. The day has gone,

past when we could depend entirely upon. It is also essential that we give service, intermediarles for our business. Especial and we must never forget that we have ly in technical work, the Chinese prefer to discuss matters direct with many facturers.

!

OUR ATTITUDE TOWARDS CHINESE, Lastly, but most important, in our general attitude towards the Chineso. We must recognize that the average Chinese merchant is a gentleman, and he greatly appreciates courtesy. With all the world clamouring for China's trade, the essentials of success in com merce in China to-day are, straight, deal ing, consideration, courtesy, and the ability to understand. the Chinese men tality in any questions that may arise. We must also bear in mind that the Chinese business community is suffering just as much from the present distar bances as the foreign business community. (Continued at foot of next Column,)

come

EXCHANGE RATES. (DRITISH WIRELESS BERVICZ.)

Paris Brussels Amsterdam Berlin Copenhagen Vienna Helsingfors Lisbon

Buenos Aires Shanghai Yokohama New York Genova Milan Stockholm Oslo Prague Madrid

Ruany, June 15th.

E.K

ULÓBING QUOTATIONS,

O..

JUN 16TH, 1926.

$1,120 buy, & Ba 2181 nom. „£20† nom. 230+ nom. £183

est nom

Kě nám. $830 bay.

flu."145 nom. ...8937 buy. $37 boy. ...8185 buy,

Bangkong Bank...

Do ¡London.. Chartered Bank

Do.. Mercantile Bank, A&. Hank P. & 0. East Asia Bank. Canton Insurance. China Underwriters North China lunursace Union Insurgé Yangiare inguratus.... China Fire Lumaraca Hongkung Fire susurance...1553 buy.

de M. Steamboats. 520 buy. Hongkong Tugs................24 20.1. Indo-Chinna (Prof.).....

Da Shell Transports Star Ferrer Waterboats...... Ulica Bugari.......... Benguets. Malabon Sugars Kailan Mining Ad....

Do. (single)... Langkats (combined)" Shanghai Explorations. Ranbe**** Shanghai Loans....... Tronch Minos

Caspians

(DEL),

$46 nom. 92/ bay. $5 bay., 641/85) m.

are

UPAK Wharfs.........................

H.K. & W. Docks............................ Bongko

New Engineerings...... Shanghai Dock...... HK. J. Hotela

8 Landa

Realtys

H.K. Turntorila HK. Humphreys Estates..... Prince'■ Buildings.................... Hural Lands Ewy Cottons

Developments.

Orientals

bhanghai Cotton (old).

(new).

Do. China Bosss... Hongkong Tramways

176

1798

121.113

20.44

18.37

34.60)

103%

2 17/32

45

Holiday 1/11.3/18

4.882

25.15

135

18.10

21.92

100

30.03 *** *0/16 ******** 1/5.31/32

9/21 Silver (spot & forward)... 343

Okina

Rio-

Bombay ý Hongkongue

1926 EDITION

OF THE

Peak Train (old)

Do. (ROW) INT Singapore Tractions

Amusements envisions Canton ices Camente (combined) ...............

Do. (old) *** Do. (new) Lights (combined) Bo.*

Do. [new]

China Providenta cosessere

Constructionsequences

Dairy Farma.pastier

Der A Wingsrumut Hongkong Electrics

313 năm $24.

..36 nom. $14 bay. 11. 23 scl. Tla, 12 boy. Tis. at nom. Tis. 7 nom.

41. buy.

„.65/- nom. ,,8%-nom:

$123 пom. 355 nom.

Tls. 175-bar.

Tls, bg bay. 71a, 106g buy,

$108 buy,10.60 15. ..$65 bay. & s

... nom. ...86 nom.

1225 qta, mom, 314 buy. $95 nom.

ביסה 7

92 bay, & sa Tha, 2.00 nom. „Vila, 13 nom..

Mi 101 bay. ..$25.10 bay. ..$164 buy, ...$7.20 bay.. 35 nom...

...$4 soli,

Y com

$13 Bom.

moh.

$20+ buy.

#11 bay,

Macao Eisctrica .......................335 bay, 40 sel.

(ald) i

$16 buy,

..$5 bay, 8.10,

$2+ nom

$7 al.

$65 buy, 883/19 um.

$30 Bal $20 sol,

59

#19 nom

$11 nom.

.820 nom.

..$133 nom.

DIRECTORY & CHRONICLE HE. Bopes (combined).

CHINA, JAPAN, COREA, INDO-CHINA HONGKONG, MALAY STATES, STRAITS SETTLEMENTS, NETHERLANDS INDIA, BORNEO, SI

THE PHILIPPINES, ETC.

SIAM

keen competition to face, and that we are dealing with a very rapidly changing Chins. The men sent out here must be receptive and ready to face the daily up for varying problema: "that prompt decision.

In spite of the numerous" wars" that have been and are being carried on, im- portant developments are taking place. Factories are springing up by dozens in all the Treaty Parts, and in these ports building is going on at a rate which LARGE EDITION, with Maps and Treaties... 812 astonishes even those who are living here. The value of land is increasing all the SMALL EDITION time, and now stands at a level which is comparable to London or New York. Chine is undoubtedly a market which is capable of the greatest. devolopment during the next 20 or 30 years, and we THE HONGKONG DAILY FRESH, LÆÐ.. must prepare to take every advantage of this development.

OR BALD

1a, Chater Road, Hongkong.

88

Dio. (old) Do

(NOW) Lane Crawford........................ Mackintosha..

Uued Asbestos „... Watson (old)........ Wm. Powella ja

buy-buyers; sel-sellers; sa-salas AGM-nominat

ON SALE.

HONGKONG BANSARD REPORTS

the MEETINGS of the for. the LEGISLATIVE COUNCIL Session 1925.

Revised by Membora,

FLICE

DAILY PRESS FFION.