1926-07-05 — Page 3

Page

"DECOLITE"

FIRE-RESISTING FLOORING

fAwarded Gold Medal Franco-British Exhibition)

JOINTLESS. HYGIENIC & NON-SLIPPING Laid by Our Own÷Y Workmen od STEEL/ -WOOD OR CONCRETE.

THE UNITED ASBESTOS ORIENTAL AGENCY,"LTD.

Tel. Central 286.

1, Queen's Buildings.

ANCHOR BRAND PURE MANILA ROPE.

*THE CORDAGE YOU CAN TRUST.”

MARINE ROPE

YBANSMISSION,

OF POWER ROPE

CABLE LAID

HAWBERS

WELL DRILLING

CABLES

ESTABLISHED ‍1854

YNCHAUS

ROPE

FACTORY

MANILA

BUPES OF ALL SIZES FOR ALL PURPOSES

MADE FROM PURE MANILA HEMP

MANUFACTURED

THE

BY THE MOST"

MODERN MACHINERY.

„STOCKS ON HAND, OF ALL SIZES ENQUIRIES SOLICITED,

HONGKONG OFFICE:

--FACTORIES ——MANILA, PI

KING'S BUILDING.: TELEPHONE CENTELL" 3185.

CITY HALL.

AP.B.

JULY 12th, 19th, and 21st. BRICK MORSE'S

CALIFORNIA, COLLEGIANS

The World's Greatest College Entertainers.

10 piece Jazz Orchestra

Male Chorus of 20 Voices

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Booking now open at Moutrie's. Prices-$3, $2 & 81,

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GAZE

POLITICALLY, ECONOMICALLY, ARTISTICALLY.

TOWARDS

JAPAN

WHEEL

19740

Oriental charms are jealously preserved intact amidst the most advanced Oriental Olvilization.

Minimum Bates for Single Rooms, texts included, are ad shown besides Hotel Names

INJAPAN:

NAGASAKI-

CHUZENJI (NILKO) - BYOTO 12) AYAM HOZE (X8.

LAKESIDE HOTST(110) KYOTO HOT

KAMAKURA,

KATE HOTEL (Y12.).

KABUIZA WA

MAMIE HOTEL (T10)

MITAKO HOTEL (Y10) NAGOYA MATSCSHIMA -

Porn Y10)

MIYAJIMA

BRIMONOSEKI :-

BARTO BOTES (110) TOKYO NAGOYA HO222(¥12.): LAPITAL HOTEL

(Room Only Y B.) NARA

Hort (Y 8.) ΤΟΣΤΟ ΠΡΑΤΙΟΥ -

MITATA HOTELY12) NIKKO MIVANOSHITA

MIKA HOTEL (Y19.) KOBE

ORIENTAL HOTEL(Y12)}(

TOR HOTELS

(Hakone): Y12) FUNYA HOTEL (112)

KAMAYA HOTL(711.). NIKKO HOTEL (barat) OSAKA-

OBALA HOTEL (714

Open from June 1st till September 15th.

NGIN TAIWAN (TORMOSA)

TAIKOKU TAIWAN RAILWAY HOTEL (110)

Hizm (19,501 Tux: SarTOXIN

HOTEL (brave

IN CHOSEN IN MANCHURIA 1——

XEIJO

CRose Horn (19) BUBAN

EPSAN STATION

Hozzi (YS.)

BEINGISHURA

CHANGCHUN S

SEINGISHU STATION AN Horse (YE)

BUTEN (Makdan) YAMATO HOTEL YAMATO HOTEL (78.)

(950) DAIREN -- ANG ON

YAMATO HOTELYÉMO) BYOJUN (Port

Arther,- BOSNIGAURA

YAMATO HOWL (Y10.) | YAMATO HOTEL (18.)

For information, please apply to Secretary,

THE JAPAN HOTEL ASSOCIATION,

Care Trio BURRAU DZIAZMENT OF RAILWATE, TOKYO

OR SALE

SOUND VOLUMES of the HONGKONG BEEKLY.PRESS, July to December,

1925,

With Loxx Price ?? 50,

Daily Press Of

THX NAN DIKECERAMENT.

THERAPION NO. THERAPION NO. THERAPION NO. 8

Key for Fadder Celerio for Mood à Mida De No. & for: coronde) WAKING, SALÁDIE I CHONEUNG, PERE IN TAMILLES, 16. DI LE Chase **MS + OK, Havhestown Rdy:W.WA, London, Dur MAS FROM BOY WHAM BELEY. Cosa Chrup în Ba

HONGKONG DAILY PRESS, MONDAY, JULY 5TH

THE WORD PRECE BOARD OF TRADE RETURNS-

DENT

EXPUNGE IT FROM THE COMMERCIAL DICTIONARY.

"NEW METHODS TO MEET NEW CONDITIONS.

ADVICE TO THE LONDON CHAM.

BER OF COMMERCE, "Taereis word which should be expunged from the commercial diction ary, and that word is precedent, said Sir James Martin, the Chairman, at the annual meeting of the members of the London Chamber of Commerce..

.12

The concern he continued, is doomed which says we have always manufac tured in such and such a manner, mar keted in such and such a manner, and wold on-such and such terms, and there fore we cannot do this, that or the other." Conditions have changed funds mentally during the last decade, and there are no precedenta Actions on our part which were found to produce cer tain results under pre-war conditions, will not produce the same results under post-war conditions; and the sooner we abandon the notion that the same results will follow, if we go ou performing these same actions long enough, the better it will be for this nation.

BIG. DECREASES.

The Board of Trade Returns, the publication of which was delayed owing to the general strike, show that during the month of April there were sub- stantial decreases in both imports and exports The former amounted to £102,492,000, or £4,371,653 below the figures for March and £7,833,639 less than those for April, 1925 Exports, at £55,748,870, were $13,830,707 below..those for March, and £8,199,458 less than the figure for April last year.

"

The chief decreases in imports were a little more than £6,000,000 in food and drink, £3,901,188 in raw cotton and cotton waste, and £319,907 in vehicles. On the other hand-the-value of the tobacco imported rose by £231,201, rubber by £9,314,063, and non-ferrous metals by rs58,585. The most seriqus decreases in exports were £4,45,47 in cotton yarns and manufactures, £1,100,887, in woollen sad worsted, end- £773,424 in coal.......

Below we give extracts from the figures of our trade with the Far East during the month of April, and for the four months, January-April, with com parative figures for the same periods the previous year.

EXPORTS TO THE TAR EAST.

COTTON YARN (Lbs.):-Exports to China during the month of April were 31,300 lbs, value £6,337, against 84,100 lbs., value £14,518 for the same month last year, and for the four months January- April 298,100 lbs., value £16,183, against 900, 200, value £43,818, for the same period last year. The Dutch East Indies took 31,900, value £5,047, against 26,400, value £3,109, and 244,800, value £26,185, against 139,900, value 423,119. Straite Settla ments took 32,000 (£8,385), against $5,900 (£5,431), and 213,800 (£50,852), against 78,400 (216,025);

1966

QUEEN'S

TO-DAY ONLY.

At 2.30, 5.15, 7.15 and 9.15

VIRGINIA VALLI

&

PAT O'MALLEY

WATCH YOUR WIFE

STARTING TUESDAY EVE'S LOVER.

STAR

TO-DAY ONLY.

LIONEL BARRYMORE

THE MAN OF IRON

STARTING THURSDAY

THE GREAT BRITISH MASTERPIECE COMIN' THRO' THE RYE.

COTTON PIECE Coops All Kind (Sq. Yds.) China 18,812,000 (£398,660), and 13,778,400 (£515,356), against 19,034,000 (£3,156,466), against 85,733,800 (£3,533,228); Japan, 501,000 (£32,557), against 391,600 (£4,434), and -3,281,200 (195,539), against 4,777,600 (£290,723); Dutch East Indies, 9,925,500 (£300,732),-

17,197,000 against

(£578,707), and 1,822,600 (£1,645,468), against 64,4,200 (£2,213,602); Philippine Islands and Guam, 818,600 (£35,263), against 712,000 (£37,563), and 4,204,100 (£173,678), against 4,830,800 (£225,953); Siam, 1,578,300

AND AN INCREASE IN (44,301), against 1,406,100 (£48,968), and UNION'S DEMAND FOR LIMITATION 6,681,200 (£214,186), against 7,700,000 (£204,700); Straits Settlements, 5,673,900

HIGH PRICE OF SHANGHAI'S HONGKONG STOCK EXCHANGE

CLOSING QUOTATIONS. RICE.

The Shanghai gene

union

P. & D. Bank

London....

Let us not confound a lavish following of precedent with the intelligent exercise of ripe experience. We were once the only workshop in the world, and all who wanted manufactured goods had to come to us for them but now ours is one Among many workshops, and the position is completely reversed; instead of buyers coming to us we must go to them. It is no longer any good expecting that the world will bay what we decide they ought to want we can no longer dictata to them. We have to meet our competi- tors, not only in quality, price and credit terms, but, also in consideration The for our customers' preferences. good-will engendered by the reputation for such consideration which some of our competitors have acquired, le an asset which weighs heavily in the scale.

Thousands of millions of our money; representing the accumulated savings of generations, was blown into space during the late war, and it is a hard economic fact that humanity is poorer and not richer in consequence of that destruction. The acid test of the grit of this nation is whether it is prepared to accept this disagreeable fact and set manfully to work to repair the ravages made by the war, or whether it will burke facing facts

and 26,016,000 (1,061,080), against held a meeting under the presidency of Kung Pah Sen laat Wednesday, to dis- until damage, possibly irreparable, is(204,037), against 6,673,500 (£237,515), done."

24,719,000 (4884885).

COTTON FLAGS, ETC. (5g., Yds.): cuss the situation regarding the price China, 985,900 (£15,456), against 71,400 of rice and the local strike. The follow (£4,100), and 1,973,600 (£1,023), against ing points were discussed :--- 417,500 (£24,801); Japan, 1,600 (£107), against 8,000 (£324), and 48,000 (£3,801), against 63,600 (£3,100); Dutch East Indies, 65,600 (£3,021), against 87,700 (£4,405), and 310,300 (£2,245), against 440,600 (£1,312); Philippine Islands, 90,600 (£4,158), against 38,500 (£1,644), and 304,500 (£16,630) against 172,100 (8,956); Siam, 8,800 (£407), against 5,600 The revenue for the first three months (2961), and 23,300 (4,816), against 27,500 of the year was $4,869,633, as against (£1,424); Straits Settlements, 143,500 923,700,

The last quotation of rice is 818 per 85,404,078 for the same period of the pre (£110), against 40,600 (£2,838), and reads::---

against (£48,240),

picul. This exorbitant price is largely ceding year. The revenue from March 775,600 1st to 31st was $1,682,784, as against (£15,400),,

WOOLLEY TISSUES. (Sq. Yda):-Chins, due to the hoarding of stocks by dealers, -81,879,652 for the same period of last

(£99,180) Against 187,000 an increase of the population, and on increase of the cost of living. All three and 5,550,400 year. The expenditure for the first 478,200-

Shanghai Ex three months of the year was 84,516,688, (£66,171), as against 35,843,240 for the same period against 3,372,600 (£481,520)(apan, of which constitute unemployment area. Langkats (combined) (£46,801), Against:493,200 robbery

The main causes of the high cost of living Bhanghai Loans The expenditure izom 265,500 of last year.

and 1,950,300 (£359,99%),

are: non-restriction in the price of rice Baub

Tronch Mi March 1st to 31st was $1,503,478, as (277,179), against $2,225,148 for the same month of against 4,038,800 (£640,197),

WOENTED TISSUES (Sq. Yds.):-China, and the depreciation in value of the cop-Caspias last year:

121,000 (£21,771), against 62,600 (£11,375), per coins Knowing the reasons of the and 1,940,800 (£316,520), against 1,717,606 trouble it is, futile for officials of the K & K Wh

New hingineerings. The assets and liabilitice, on March (2919,219); Japan; 12,200 (£2,009), against labour union to act until the root of the H&W Doc

30,500 (£1,289), nad 763,100 (£123,715), trouble has been extracted. Our inves Hongkawi

tigations show that wages as a whole shanghai Fooks, against 1,795,700 (£277,097).

LINES PIECE GOops (Sq. Yds.): have not. increased in proportion to the HK & Hotels Japan, 2,500 (£230), against 14,900 increase of the price of daily necessities Hongkong Lands (£1,727), and 78,000 (£8,071), against Naturally this situation causes trouble Hoogkong Realtys 109,800 (£13,878); Dutch East Indies, On behalf of the million labourers in H.K. Territorials 20,000 (£30,048), against 47,100 (£804), Shanghai we have come to the conclusion HX Developments and 89,100 (£12,170), against 115,800 that (1) the price of rice must be limited, Humphreys Ratatos

and (2) that wages must be inerensed. (£11,163).

COLONY'S FINANCES,

BALANCE AT THE END OF MARCH.

The fizancial statement for the month of March shows that at the end of that

month the Colony's credit balance was $8,468,177 as against 28,397,141 at the end of February

ASSETS AND LIABILITIES.

31st, were as" under:---

"LTABILITIES. --- Deposits not available.....91,078,030.17 Postal agencies." Suspense account

Total liabilities Balance

Total

ASSETS.

Subsidiary coins

Building loans Imprest

Advances

2.

Railway)

"Coal account plan

Investment account... Lorry haulage account.. Balance" at banks

Crown agents current a/c.

20,872.92 122,727,69

.81,221,630.08 *6,468,447,53

$9,658,078.5

IRON SCRAP (Tons):-China, (29,638), againit 1275 (£8,707), and (234,228), against 11,082 (£57,620)

183

11

E

1. That the union staff is to be in- creased in order to bring the prevalent strikes in Shanghai to an end.5.

2. That a manifcato is to be issued in 3. That a petition should be sent, connection with the high price of rice. the commissioner of Police requesting the return of the money and properties taken by them before the closing of the The manifesto by the union in part union.

."

JULY S3D, 1920.. $1,125-bay., 1,130 bel Bongkong Bank, Do.,

.:£133 nöm. £20 buy. Chartered Bank, Mercantile Bauk, A&B.£30) nom.

Do

......£139 nom.

buy East Asia Hant....................................... 59 nom, $1.80 num China Underwriters....... Cautos Insurance 840 buy. North China Insurance. 145 nom. Yangleza Insurance $37 buy. Union Insurance

256 nom, China Fire Insurance. 200 bay, Hongkong Hire Laurance $585 bay Douglas HK, U. & M. Steamboats Hongkong Tag Indo-Chinas (Frafj

nom.

$204 BORI

под

6. nom.

Tel: (Def), 199 Shell Transports Star Fermas..... Waterboats. Uhina Sugara Malabon Bugars Bengueta....

93/-nom 367 buy.

$15 nom.

324) buy.

Kailan Mining Ad.

(41). nom.

Tin, of nom Tls. A nom

$5 Bel

35%-nom.

Do..

L. 23 261 ST32 buy.

$1.814 bay. 1$541-pay, Tin 170 tay..

[116. 54 buy.

$10.80 buy:; 10.88.90

365) buy, 651/6 6.

15.90 buy

1.35 nom.

..$14) bay, 420 cts. sel.

$90

Buy,

34 sel

Als. 9 bur., 9f sel

Tis. 2.70 sel

Tis. 28 nom.

*11. 104 bay.

4.Яu buy, 25 sol de a

164 buy.

17.60.nom.

12% BOL

$7$ nom.

„313 nom.

FLOTIL

22 nov.

$121 nox

$6,05 buy.

..$2+ nom

Prince's Buildings.. Hural Lands EVD Cottons Ointals Changhai Costean (old)

Do. and 21,360

(now) IRON BABS, Hops, ANGLES, ETC. against. 2,000 (£36,350),

China Buses *** $1,231,194.70

(Tons)-China, 403 (£8,291), against 238 (273,316), against 17,082 (17,430), 224,069.56

ALE(Barrels) Straits Hongkong Tramway BEL AND (£3,178) and 1,646 (£22,600), against 1,280,928.56-1910) (231,337); Jupar,-1,199 (£8,511) Settlements 1,438 (£13,659), against 539 Peak Trams (old)

64,31:00

against 193 (25,015), and 2,857 (£29,367), (20000 and 5,373 (245,138), against Do. 3,437.02.

1,598 (£16,465). House service account.....

against 1,449 (£28,855); Straits Settle

TOBACCO AND SNU (Lba):-Straits Taxis........... 51,278.21 Crown agents deposit a/c.

ments, 816 (£8,052), against LOT' (28,200)," Unallocated stores

1,215,138 Usatan Ices....... [P.W.D.) 596,585.42 And 3,502 (£34,549), against 2,002 Bettlements, 501,571 (£237,502), against Amusements il nom.

(141,522), and 386,838 (£31,801).

fold). GALVANISED SKEET-Flat and Cor-(£736,675), against 1,124,713 (L425,908); Uements (combined)........ Unallocated stores

Do (now) 407;138.48

rugated. (Tons):-Dutch East Indies, China, 12,341 (£19,376), against 181.461 1,977-501,650 £31,383) against 1,625(134,370) 6834,105), and 789,271 (£380,003), against

China Lights (combined) 6,107,355.84 and 7,020

(£148,808), against 6,662 414,990 (£211,204). 6,820.12 (£148,187); China, 1,039 (£21,997), against SOAP (Cwts):--China, 12 (£22), against 090.136.12 611 (212,216), and 3,677 (£73,694), against 1,400 (£4,589), and 633 (£1,467), against Chins Provident

Constructions Tenne 14,705.18

3,155 (£71,186) Japan, 88-(£1,762), 2,605 (£8,098) against 63 (21,524), and 663 (£10,102), PAPER-Printing or Cardboard (Cwts.) Dairy Farms........ 9,639,078.51

against 233 (£4,993), Straits Settlements Straits Settlements, 1,014 (1,734), Der A Wings

335 nom 1,702 (£40,276), against 438 (£8,802), and against 1,213 (£2,244), and §,816, (£9,580), Hongkong Electrics.$68 Day., 67%

$28 Bel 10,816 (£230,603), against 2,756 (237,077), against 4,378 (£8,514)

Macao Electrics Large Sheets H.K. Ropes (combined) TINNED PLATES AND SHELTE (Tons) PAPER-Writing-In

$10 Bel China, 284 (19,192)~~agataat 1059 | (Cute Straite Settlements, 230 (£975), (£47,962), and 10,841 (£229,674), against against (2197), and 1,415 (£4,573),

Leue Orwwiards d 9,745 (£234,364); Japan, 1,478 (920,403) against 471 (£1,928). against 917.(£22,532), and 8,421 (£165,374), STATIONERY Other than Paper (Value): Mackintoshs. against 4,595 2114,098); Dutch East Straits Settlements, £3,202, against Binceres .......

United Asbestos Indies, 1,780 (£38,075), against 1,560 £2,297, and £11,215, against.£8,715, (£40,001) and 7,813 (2173,225), against TEXTILE MACHINERY (Tons) -China, Watsons (old)

Wm. Powella 221 (£24,473); against 37 (28,812), and A letter of protest has been addressed 6,873 (£160,354).

TUBES, PIPES AND FITTINGS Cast 659 (£85;141) against 328 (£48,120); to Bir Francis Aglen, Inspector-General of the Chinese Maritime Customs, (Tons):-Straits Settlements, 3,348 Japan 478 (£46,207), against 131 (97,233) Peking, oppositig any project to float a(25,377), against 341 (£4,469), and 9,091 and 1,868201,979), against 827. new loan from the Powers to China on (£72,735), against 2,400 (£27,600). (£140,838) the security of the 21 per cent, increase in the tariff which shortly is to be brought about

الم

Total

-Cash lent at interest: £6,000,

CUSTOMS SURPLUS.

PROTEST TO INSPECTOR. GENERAL

Do

·(old)

Dog

buy-baye

195 nom,

пот

buy

Marylebone woman I am nearly eighty,

TUBER, PIPES AND FITTINGS Wrought BawinG MACHINES (Tons)-Dutch, (Tona)Japan 410 (211,396), against East Indies, 24 (2.076), against 62 and have never worn short skirts in my 230 (£8,413), and 039 (£18,634), against (£6,207), and 287 (£26,203), against 117 life.

(£11,351). Des to pe AMINTA SULPHATE (Tons):-Dutch L (Tous)-China, 44 (£1,585), East Indies, 1,853 (£21,262), against 83 against 28 (£1,187), and 180 (28,865), (£9,503), and 16,417 (2211,832), against against 81 (3,724) Japan, 18 (2517) 13,167 (£201,078); Japan, 5,431 (£68,380), against 5 (2200), and 117 (25,841), against

(Continued on next Column).

The writer is Mr. Sze Chih Pao, re1142 (£42,020). ** presentative of the Kuominchun and Commissioner of Foreign Affairs at Kalgan

But he admits that it 18 still unknown how credible the report is

141 (£6,905)

Question at Marylebone: What are hig means-Witness Very good His wil aeroplan wears hats with wings like these cit an