1926-07-07 — Page 3

Page

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel Central 236,

AGENTS FUR

3, Queen's Bulidings,

BRIGG'S BITUMINOUS ENAMELS & SOLUTIONS.

SOLE AGENTS FOR

UNION

量

ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS

FOR SHIP'S BOTTOMS.

ANCHOR BRAND,

MANILA ROPE.

PURE

THE-CORDAGE YOU CAN TRUST."-

MARINE RUPE

TRANSMISSION

OF POWER ROPE

CABLE LAID

HAWSERS

WELL DRILLING

CABLES

ESTABLISHED 1854

STI

YNCHAUS

ROPE

FACTORY

MANILA

THE HONGKONG DAILY PRESS, WEDNESDAY, JULY 7TH, 1926

"RUPER OF ALL SIZES FOR ALL PURPOSES

MADE FROM FUBE MANILA KIMMP

MANUFACTURED

BY THE MOST MODERN MACHINERY.

STOCKS ON BAND OF ALL SIZES ENQUIRIES. SOLICITED

1.

HONGKONG OFFICE:

FACTORIES-MANILA, « P.I.

KING'S RUILDING. TELEPROXY CENTRAL $165,

CITY HALL.

A.P.B.

JULY 12th, 19/1 and 21st.

BRICK MORSE'S

CALIFORNIA COLLEGIANS

The World's Greatest College

10 piece Jazz Orchestra

Male Chorus of 20-Voices-

Instrumental and Vocal Soloists Soappy Novelty Acts.

Entertainers.

Clever Comedy Artists.

Booking now open at Moutrie's. Prices-$3, 82 & 81.

THE NAVY'S CHOICE

oafes

GRIGIHAN

PLYMOUTH GIN OBTAINABLE EVERYWHERE,

In four

Typhoons may rage

The heat may be oppressive-but you can always, depend on Horlicks Maked Milk to be pure and fresh. Horlicks is a never huling stand by for nourishing Sustaining and invigorating young Gold

HORLICK'S MALTED MILK

THE ORIGINAL

Chan

TRY40

410.

THE PIECE GOODS TRADE.

SUGGESTED NEW CONTRACT

·FORM.

THE LONDON & LANCASHIRE "INSURANCE CO., LTD.

The report of the Directors, presented to the sharaboiders, at the sixty-fourth Fannual meeting held in the Company's

·Board Room, 7, Chancery Lane, WC 2, en 5th May, stated, inter alis:-

FIBE INSURANCE-The net. "premium"

CHINESE MERCHANTS" PROPOSALS. | amounted to £3,277,677 198. 10d, as com

UNACCEPTABLE TO IMPORTERS.

A new form of trading contract has been adopted by the Chinese Piece Goods Guild, and circulars have recently been sent to all Chinese merchants in the Colony asking them to adhere strictly to it

pareil with £3,043,406-10-din-the previous year. The net losses, paid and outstanding, were £1,396,891 31. id.

Including interent of £197,993 18. 4d.; the surplus from this department amount ed to £804,991 198.. 7d., of which £200,00 has been carried to additional reserve and £104,981 198. 7d. to profit and loss

ACCOUNT

The fire funds now stand at £3,111,500. MARINE DEPARTMENT.-The net premiums

pared with £1,006,763 125. 3d. in the previous year. The wet losses, paid-and- outstanding, were £845,147 17s: bd.

The contract appears to be an abroga-amounted to £1,133,404 35. 3d. as com tion of the agreement made between the Chinese merchants and the Hongkong General Chamber of Commerce in 1923, Including interest of £77,137 9 78.,' the surplus.from this department amount and a letter has been sent by the Chared to £196,202 16s: 11d., of which £100,000 bar to the Piece Goods Guild pointing has been carried to: additional reserve fout at some of the conditions in the and £86,202 168. 11d, to profit and loss

new contract form are impracticable and account cannot be accepted by importers.

THE CONTRACT.

The conditions of the suggested new contract are as follows:"

(1.) Payment:-Cash on delivery or months' promissory note, as agreed upon between sellers and buyers.

(2) Arrivals:-A certain quantity in a certain month, as specified by buyers (a margin of ten days' grace, to allowed).

be

ל

(a) Not less than four months' clear- ance, including tree godown, insurance etc., will be allowed from date of arrival or sale from stock after which date" the buyers shall pay 6 per cent. per annum which shall cover interest, storage, însur- ance and all other charges.

The marine funds" now stands at £1,053,500

ACCIDENT AND GENERAL DEPARTMENT The net premiums amounted to £1,913,503) 65 7d. as compared with £1,698,968 38. 9d, in the previous year. The not losses, paid and cutstanding, were £882,558 178. 2d.

EVE'S

LOVER

WITH

IRENE

RICH.

THE STORY

OF

A MODERN EVE

AS

SUSCEPTIBLE

TO TEMPTATION

AS THE ORIGINAL "MOTHER OF THE RACE

TO-DAY ONLY

AT

THE QUEEN'S

Including interest of £81,450 13 20., DRAMA-COMEDY the surplus from this department amount ed to £230,078 3.1d., which has been carried to profit and loss account.

The accident funds now stand at £1,385,500.

Messrs. Butterfield & Swire are the local agents of the Company.

AT THE CINEMAS. "THE CURRENT FEATURES.

"At the Queen's Theatre yesterday there was shown Eve's Lover, produced by Warner Bros, with Bert Lytell and Irene Rich in the leading roles, and a strong supporting cast. The pic ture is unusually entertaining and, with a ne love romance, combines a vein of satiric comedy and a stirring adventure story. Irene Rich plays the modern Eve to perfection and. Burt Lytoll makes a fine lover. The film will be shown again to-day.

(4) The sellers' right on buyars' failure to perform their obligation at due date Lof diearance shall be wholly unaffected by the provision for payment of the 8 per cent, bereinbefore contained, buyers to heve ten days' grace without payment.

(5.) In case, buyers take delivery of any, goods prior to the clearance period of four months, sellers shall refund on each and every delivery the proportionate interest, etc., of 6 percent. per annum (... 50 cents per month or 1644 cents per day per $100) on the unexpired days. (6) Un arrival of the goods the sellers

From to-morrow to Saturday an Erast shall immediately inform the buyers in writing of the number of packages, marks Lubitsch production "Kiss Me Again" and numbers, the yardage of each pack-will be screened. It is a film described age, the name of the steamer bringing as being full of vivacity and entertaio- the same and also supply to the buyers ing throughout. A shipment sample of the goods Buyers thalt aave the right to refuse to take delivery of any package not strictly in accordance with such specifications as are given in the written notice of arrival:

herein referred to.

STAR THEATRE.

* The

it the Stor-Theatre, Kowloon, Fire Patrol," which had an earlier run here, was shown yesterday and will be screened again to-day. It is a Chad- wick picture, featuring Anna Q. Nillson, Madge Bellamy, Dicky Brandon, Charles Murray, O'Chester Conklin and Bull

Montana.

-THRILLS:

ANNA Q. NILSSON

IN

THE FIRE PATROL

TO-DAY ONLY.

THE

H.K.S.P.C.A.

INSPECTORS REPORT..

STAR.

HONGKONG STOCK EXCHANGE, CLOSING QUOTATIONE.

The combined report of the work of the ongkong Bank $1,125 sel. 1,129 1

TRANSPORT.

Inspectors of this Society for the past month, states:-

Poultry, crates Poultry on trucks and lorries, Poultry in junks and forries,

loads

crates

(1.) Sellers are not responsible for delay in arrival or non-fulfiment of con-

Piga in junks and ferries Pigs on tracks and in basketa tract if occasioned, by strike, fire, flood,

Pige by rail war or civil commotions or any other

Although its melodramatic sequences Poultry by rail, crates and baskets circumstances beyond their control. As

are all that drama demands it is a pic-Cattle in junks and ferries. evidence of such happenings aforesaid,

ture which achieves a different appeal

Cattle ashore sellers shall be required to produce tho for every type of cinema-goer. There is certiucate of a British Chamber of Com-red-blooded adventure for those who sheep in junk Cages of birds merce or other representative trade cor poration as to the cause of delay in crave only this sort of entertainment.

From to-morrow to Saturday, "Com- Dogs for sale in Taipo Market arrival or non-talfilment of contract. In default, buyers shall have the right to ing Thro' the Rye" with Alma Taylor in Cats for sale in Taipo. Market claim compensations from the sellers, the lending role will be shown. It is

a perfect British production, and was Poultry, crates Should the delay due to the above cases be for a longer period than one month one of the very few British films that Pigs ....

met with complete success in the United Cattle excluding the above ten days' grace; the buyers shall have the option of cancelling States. There is not a faked scene in the or accepting the delayed portion of the whole film, the locale being the lovely contract which option must be exercised South of England. within seven days (local official holidays excepted) of the receipt of notification.

SAIGON MARKET.

de

The rate of

IMPORTS.

Sheep and goats Turtles, crate. Terrapias, crate Cages of birds ...... Baskets of cricketa Pony from Macao Monkeys Poultry, crates Piga Cattle Sheep and goata Cages of birds, Monkeys

Markets.

JULY 6TH, 1996;

Do Loxidon.........£138 nom. "Chartered Bankomu

Mercantile Bank, A. &

2,1;243

P. & O. Bank

108

„£30) nom. .....213 no

buy.

Canton InsuraRÇU ...........................

$1.80 nom. China Underwriters......... 29 North Umna Insurance ... Tla. 145 năm. 250 Union Insurance mull... 296 . 851 Yangtare Insurance M. 37) bay. 28 China Fire Insurance .......................... $200 buy. 110 Hongkong Fire Insurance $385 buy, 345 Dougisses

HK, U. & M. Steamboats.345 buy. 11 Hongkong Taga ..........

zom.

s Indo-Chinas (Fred) ummon

12

Do. (Det.),

Shell Transporta

Star Feiner..sia

9,693

Waterbosta.........

China Spgazs 12,959 bon ngara

2,107 Bengactament mech

630 Kailan Mining Ad...

1

Langkats (combined) Lo (angle)

63 Shanghai Explorati

· 9 Shanghai Losns.

1 Baube ANT

12 Tronoh Mines,

TEXPORTS.

17

199

305

¥161TS..

(8) "Should there occasion strike, fire, flood, waf or civil commotions or any other circumstances beyond the buyers The Compagnie de Commerce et control in the place where the buyers are Navigation d'Extreme-Orient write as situate and/or in the provinces of Kwang follows:-We beg to confirm our last tung, Kwangai and Fokien, causing the market report of 18th June.

Since our last report, our market is at buyers to be unable to clear the goods within tos stipulated period or non-fulfil-

a standstill, prices rising. ment contract, sellers must not press paddy's market being firmer, no. down. for taking delivery, hold up delivery ward tendency can be expected for rice.

However business with China, Japan Landing place at Kennedy Town orders (after receiving payment from buyers) demand margins or charge any and Java fer August and September ahip- Poultry depots interest, storage, insurance, etc. Mean- time buyera 'shall request sellers in writ.ment is expected, "but not at lower prices Cattle depots

than those ruling at present. Business Dogs. home.... ing to wire to Home-makers for ancello

With France is impossible owing to the tion of the contract or for extension of

Auctuations of exchange. time of arrival, if necessary.

The total amount of rice exported from Pig pens at Yaumati

Railway stations! January 1st to June 18th, 1928, is 752,801,382 tons against 858,153,780 in Ignorant cruelty cases corrected...

Ferries watched, times........................ 1925

We quote today while Saigon ficeMarkete watched, times No. 1 25 brokens round rains-Hong Case investigated on report kong 87.55, per picul of 134 lbs. £o.b. Saigon; £0.14.1, per cwt. Lob Saigon Dogs admitted to Home, during yen 9.03, per picul of 134 lbs. Lah Saigon.

(9.) Any dispute regarding quality, shade, finish, designs, packing, delivery: etc. not settled amicably shall be referred to two arbitrators, due to be appointed by the Hongkong General Chamber of Commerce and one by the Chinese Piece Goods Guild. The arbitration shall take place in the presence of both parties at an appointed time and in a fixed place, and their Ending shall be binding on both

White Saigon rice No. 2 sifted, Japan parties. Should the award of the arbitra- tion be over ten per cent, of the contract quality: Hongkong 87.15, per picul of 134 price, buyers shall have the option to be. f.o.b. Saigon; £0.13.5 per cwt. E.o.

Saigon yen 8.85, per pical of 134 lbs either accept or refuss the goods in quesf.o.b. Saigon. For July-August, ship

ment."

tion.

(10.). Late arrival or non-arrival of one or more lots rot to affect other arrivals under this contract.

(11.) Sellers shall be responsible to the buyers for any goods which are found to be spotted, damaged by water, hook boled, piltered or otherwise damaged

Take clause 2 as an example, he con- tinned. Importers cannot guarantee the exact date of the arrival of goods. All they can do is guarantee the date of shipment.

(a) The conditions of this contract. He considered clause 3 to be totally shall be expressed in both English and impossible, as in covering interest, stor- Chinese languages, but no terms of this age, insurance and other charges, the contract other than those expressed in importers were already paying 8 per cent. the English language shall affect or be Two per cent. is already being allowed. binding on the sellers.

to buyers They are given two months clearance and it is unfair in the circum- stances that this should be extended to four months,

The clauses shall not be varied or affect ed in any way by Chinese or other char actors written or chopped on them by any persons purporting to be acting on behalf. He regarded clause 8 as being the worst of either party

of the conditions. Any importer who agreed to it would certainly lose in the

AN IMPORTER'S VIEW.

A well-known importor discussing these long run. PREV conditions with a representative of the Deity Press endorsed, the view of the General Chamber of Commerce. Quite frankly, he said, some of the conditions are impossible.

(Continued m nezt Volumn).

As regards clause 9 suggesting that in case of dispute one of the arbitrators should be appointed by the Chinese Piece Goods Guild, he thought few, if any Uhiness would have the necessary tech- nical knowled of piece goods to act in "this" way.

Birdshops

received

month

MISCELLANEOUS.

Dogs destroyed during month Dogs died during month... Dogs elsimed during month Dogs sold during month

EXCHANGE RATES.

DEITISH WIRELESS SERVICE]

PARIS Brussels

Amsterdam Berlin Copenhagen Vienna Helsingfors Lisbon

Buenos Aires Shanghai. Yokohama New York

Ural Caspiand

K&KW!

HK & W. Dock Hongkow

New Angineer? 239 Banghai Joc

Buasy, July 5th.

2018012

1801

HK Hotels Flongkong Lands Hongkong Realty,

64 HK Territorials ...........

61) HK. Developments.

58 Humphreys Kintaten 19...

19 Prince's Building

84 Boral Landa i..................indi

30 Blue Cottons

3 Orientals.......................

21 Shanghar Cottons (ola)

28

Do.

My mom.

$48 nom.

.91/- 1. div. not

16

BO

„Alf» nom.: .The. 28 mal.” “The 12 buy

Win. 7 nom.

8- дом.

$121 buy.

El. 170-buy.

XII. 51 buy.

21s. Ius buy.. 10.95-buy: 11/11,30 £5.

385 buy.

((now)...

24 Chins BaseE

Fongkong Tramways Peak Trama (old):

Do

81

:30

(new

Singapore Tractions

..$5.90 buy.

15. noio.

..15 cta; sôli

$14 buy. 100 sel

buy, I sa 9 se Tlar 2.70 sez

1. 13 nom.

Ta. 23 nom.

Lia 101 buy,

$25.10 buy j25 km/

184/buy.

* 7.60 nom.

Amusements 1} Mom. Danton 1065

ARE

Gementa (combined) sik

514 nom.

13 nom

11 China Lughtá (combined)

(old)

*12.11

20.421

-18.35

-34:42

1932

2.17/22

9/117

1/11.6/32-

4.88.11/82

Geneva Milan

25.12

11301

Stockholm

18.741

Oxto .....

Prague

1642

Madrid

Rio

30.761 7.27/39

Bombay

Hongkong

2/91

Silver (spot and forward

302

22.15

DC.

Do.

Chins Providenta aja. Construction

Dairy Farms...... Der A Wings

Hongkong Mectrics Macao Electrics ryan

Hopes (combined

(old)

Tane Crawfords, Mackintoshs Hincere...04149 Imized Asbestos Watsons (old). WIL, Powalis

baybayeri:

36.05 buy. 27 nam

$18 nom.

BAL

168 buy

$48 sel.

* 10 BOL

sel.

потр 319) nom.”

пом

num

:1/8.15/10

THERAPION No. THERAPION NO. THERAPION NO.

, 1 for adde Outwerk.:" Ha, si for Mood à Mein Dummy. No.: & fu Chronde Wakaaman: HOLO AY SOLNEW MERANDA, PRADA DE MOelaza, da: 17%. LE UURI Mail: vhon 10, BENKEN BY PSUs Kink Onyo A MSAF DİNLER DAN JERAMINADO,.