1927-10-06 — Page 2

Page

2

THE TWO LEADING BRANDS

ON THE MARKET

FIRST STILL

1627.

300 Years

STILL FIRST

1927

it's stood the test, And still of whiskies is the best; "Tia "Scotch" but that's a trifle vagueTM To get the BEST SCOTCH call for

"HAIG"!

JENIS MAC & CT BỚT HUMAN, BARENCA, MOSLANE

SOLE AGENTS:

GANDE, PRICE & CO.,

St. George's Building, Ice House St.

LTD.,

Tel. C. 135.

(183

GREEN ISLAND CEMENT CO., LTD.

THE HONG KONG DAILY PRESS, THURSDAY, OCTOBER 6th, 1927.

Best Portland Cement.

SHEWAN, TOMES & CO.

GENERAL MANAGERS,

HONGKONG.

SHIPBUILDERS.

SHİP REPAIRERS. BOILER MAKERS, FORGE MASTERS, OXY-ACETYLENE AND

ELECTRIC WELDERS. MECHANICAL AND

ELECTRICAL

ENGINEERS..

-DRY DOCKS,-

Length 787 Foot.

OF HONGKONG, LIMITED. THE TAIKOO DOCKYARD & ENGINEERING COMPANY

Length on Blocks 750 Fast

J

Depth on Centre of

SIII. (H.W.O.S.T.) 34 ft. 6 ns

—THRÉE. SLIPWATS—

Capable of Handling Ships Up o

8,000 Tons Displacement

Electric Crane at Sea Wall, Capable of..

Lifting 100 Tons at 70 Feet Radius

BUTTERFIELD & SWIRE, Agents,

HONGKONG, CHINA & JAPAN.

TEL. ADDRESS: TAIKCODOCK, HONGKONG." TELEPHONE No. 212...

CALL FLAG: "C" OVER "ANS. PENNANT."

When the needs

[81

The Woman who

motors.

knows the

value of

HAZELINE

a touch of colour

she uses,

(Tinda Mark),

SNOW"

Applied to the face before starting, prevents dust entering the pores. "of the skin." On arrival, another

''HAZELINE' application removes all traces of the journey. ROSE FROST”

Trade Mark

Both la glass pois

All Chemists and Stores

BURROUGHS WELLCOME. & CO.

IETOKOL THE WALLDORK FOUNDATÍNg Lyn, Lansan, Kaną)

LONDON AND SHANGHAI

All Rights Motoran

*MECHANISED ARMY.

CONTROL BY ORDNANCE.

OFFICIAL ANNOUNCEMENT.

C

An offcis announcement is made by the "War Office of the changes decided upon in the organisation of General Headquarters in the fold in war, and of the War Office in peace and war, with reference to the present distribution of duties between the Quartermaster-General and the Master-General of the Ordnance. These changes comprise:

The transference to the Master- General of Ordnance of the re- sponsibility for all duties relating to military stores (including wheeled mechanical vehicles, ex- cept those" or the establishment of the R.4.S.C. Building stores, tea transport stores, and medical stores are excepted.

The transference to the Quarter master-General of all duties cor- sected with fortifications and works,

An alteration in war organisa- tion by the creation of a fourth Principal Staff Officer at General Headquarters in the fold under the Commander-in-Chief-riz.. a Deputy Master-General of Ord-

nance,

The measures necessary to imple- ment these decisions will take effect in the War Office from October 1st. War Ofice Statement. The statement is issued in the following terms b

The Secretary of State for War has for some time had under con- sideration certain changes in the organisation of General Headquar ters in the field in war, and of the War Office in peace and war, with reference to the present distribution of duties between the Quartermas ter-General.and the Master-General of the Ordnance.

Recent developments in military science, and more particularly the

continuous extension of the use of mechanised transport in, the Army, have shown the necessity of modify, ing the present organisation, which resulted from the Esher Committee's recommendations in 1904, and has remained substantially unchanged since that date. The Secretary of Siate for War has accordingly de cided to introduce a new distribu- tion of duties which will concen- trate under a single member of the Army Council the study of the technical problems relating to mili- tary stores and vehicles, nad will also ensure a more scientific group- ing of the various other duties re- lating to these stores and vehicles.

The main alteration in the war organisation is the creation of a fourth Principal Staff Officer at General Headquarters in the field under the Commander-in-Chief,

Deputy Master-General of the Ord nance, whose responsibilities will be comparable in importance and ex- tent with those exercised by the three other Principal Staff Officers in the field, viz., the Chief of the General Staff, the Deputy Adjut- ant-General, and the Deputy Quar- termaster-General.

|

INCOME TAX WARNING.

SHOCK FOR BUSINESS MEN.

BLACK JANUARY: 1st.

54

Many business men havo not yet realised the drastic changes in their income tax Hability for next year which have been effected by recent legislation,

|

writes Sir Earold Moore, the Lord Mayor, Elect of- London.

They will have a shock on Janu- ary 1st, for on that day they will be asked to pay the whole of the tax on their business premises and pri Schedule A vate houses, technically known as

This tax will be four shillings in the pound on the annual value of the property, and has hitherto been collected in two instalments, half on Jaguary 1st and the other half on July 1st; but next year the Chanceller wants it all on New Year's Day, and no doubt the Inland Revenue will see to it that the taxpaper receives the demand note as his New Year's card.

At the War Office the Master General of the Ordannce will in- future be responsible for all duties, | eiz, research, experiment, design, inspection, provision, storage, issue and repair, other than building stores, gallway stores, sea transport stores, and medical stores..

The Master General of the OrdnanCE will, in addition to the research, experiment and design as regards track and semi-track vehicles at present allotted to him, assume the same duties for wheeled mechanical vehicles. The other duties (pro- vision, repair, de.) relating to behicles will fall to the Master- General of the Ordnance, except sa rezards vehicles on the establish- ment of the Royal Army Service Corps units. For these vehicles' the Quartermaster-General will tinue to be responsible.

сод

Year's Profts,

People who carry on trades or professions, including limited com- panies, have since 1842 been assessed for income tax under Schedule D on the average of the three pre- vious years. In future they will be charged on the actual profits of the previous year, and half the tax will he payable on January 1st next and half on the following July 1st.

Employed persons who receive salaries will also in future be as- sessed on the previous year's earn- ings. This analteration which will be appreciated by the large number of persons remunerated partly by way of commission, especially commercial travellers, for they will be able to make up an account of their exact earnings. after deducting travelling expenses, etc., and be assessed on their actual net income, instead of being assesa- ed on an estimated sum involving subsequent adjustment.

Further, the Quartermaster-Gen- eral will take over from the Master- General of the Ordnance all duties connected with fortifications and works, and will thus become entire- ly responsible for providing accom- modation for the troops, whether by hiring, billeting, camping, or construction of permanent barracks. Immediate Effect.

Manual workers will continue to be assessed each half year, on their actual earnings.

Super-tax payers will not in fature be required to make a separate return for super-tax, as the new surtax which is to take the place of the super-tax will be based on the ordinary income tax return. This surtax will be payable on January 1st following the year of}]

assessment.

The fortunate (1) individual liable for super-tax will, therefore, receive on New Year's Day no fewer than three separate demands from the Revenue, one for the whole of his property tax, one for half his income tax, and the other for the whole of his surtax, this last being based on his assessment for the previous year.

|

EXCHANGE.

ULOSING QUOTATIONS.

LODOX.

October 5th, 1927.

Talegraphic Transfer 1/11) Bank Bilis, on demand 1/11 11/18 Bank Bills, at 30 days'aight Bank Bila, at 4 months'

sight Credits, st months' sight 2/0 Documentary Bill, 4

months' might

Or Parts--

***

1/117

1,2:0 Bank Bills, on 'demand Credits, 4 I montha'tight ́... 1,295 ON NEW YOR

43

FINDLATER'S

"TREBLE DIAMOND”.

PORT.

A LOVELY SOFT WINE OF PERFECT RUBY COLOUR,

WELL MATURED - IN WOOD. VERY POPULAR AT

MANY WELL KNOWN CLUBS.

"The sign of a

very excellent Port."

PORT

Stocked by

THE WING ON Co., Ltd.

THE SUN Co., Ltd. THE SINCERE Co., Ltd.

NAM HING LOONG

SANG TYE

TYE SHING

CHUEN YUEN

KWAN TYE

HUNG CHEONG, Kowloon.

THE EMPRESS STORE, Kowloon.

RAHIM'S STORE, Shamem.

ALSO AT THE PRINCIPAL HOTELS AND CLUES.

A GLASS OF FINDLATER'S FORT IS A PERFECT FINISH TO A GOOD DINNER

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS.

Distributors-GILMAN & Co, Ltd.

OCTOBER 5TH, 1927. E.K. Bank .......................$1,145 nom.

Do Loudon...£129 nom. Chattered Bank..............£20k nom Mercantile Bank A. &B... £31) nom. C... $13, num. Dow P. & U. Bank

flugum Fast Aria Boak. ............d nom. Canton Insurance........$570 sel. China Underwriters...... $1.35

sel North China Ins.......Ti 143 nam. Union Insurance

93 bay. Tanglaze Insurance ... $444 buy, Okins Fire Insurance....5910 buy. Hong Kong Fire Ins...... 590 2011 Douglases....

Steamboats.page

Bank Bille, on demand

Gredits, at

От

‚ at 60 days' night..... BOREAL.

Telegraphie Transfer

Bank Bil

Bank Billa, ça demand...

1311

ON

CALCUTT

Telegraphic Transfer

1917

Shell Transporta

787

Bills, on demand.. Ox SHANGHAL

sight

*

Bank Bille, at night Private, 30

rate, 30 days ON TOLORATA. On demad..." 10zt Or Manila.--On demand... Or SIAPORE.—On demand....... O BRAVIA, ÎN BAZAYLA ---On demand ... 119: O HATHON-On demand... De Batson-On demand

Üz Baze101~~On demand”

1.K. Tugs

Indo-Chinas (Fret).

Do. (Det.)

Star Ferries

Waterboat......

China Sugara

Maisbon Sugars

Bengueta Kailan Mining Ad. Langkats(combined). Do. (single)

Explorations Shangbai

25 11/15 Tronck

EXCHANGE RATES.

[BRITISH WIRELESS, ŠERVICE.]

nom

9+1 The immediate effect of these de- Bovinos, Bank's Buyingrats, $9,30 cisions on the organisation in the Gorp Lay, 100 fine, per tal... War Office itself will be the transfer | Bax Buyxx, por dz. of the Directorate of Equipment and Ordanauce Stores, as it stands, to the Master-General of the Ord- nance, and corresponding transfer to the Quartermaster-General of the Directorate of Fortifications and Worka, with the exception" of the small section dealing with technical engineer and signal stores, and the control of Royal Engineer and Signals research and inspection establishments, which will remain with the Master-General of the. Ordnance,

The detailed measures mccERSBTY, to implement these decisions will, it is anticipated, take effect in the

War Offer from October 1st......... Cer- tain consequential changes in com mands will be involved; these are to be brought into effect at an early date, and with the utmost possible regard to scONOMY,

It should be explained that no significance attaches to the fact that the changes synchronise with the appointment of a new-Master- General of the Ordnance. General Sir Noei Birch has completed the normal period of four years in that post, and is succeeded in the opdi. mary course.

Paris New York Brussels Geneva Amsterdam

• Milan Berlin Stockholm

Copenhagen Oslo Vienna Prague Helsingfors Madrid Lisbon Athers... Bucharest

Rio

33 bay.

DEL,

$1.70 00

bay, 118.

3 buy. buy.

90%. nom.

..854 buy.

917 nom. $13

$90 set.

до

$1.65 nom

bay, 171 nom

1. By nom

Tis. 3 nom.

Tis. 54 dba.

$3.50 bay. .19/3 rom. Ural Caspiane

mom H.E, & K. Wharle...115 bay.

buy. & E.K. & W, Docks........ 35 nom Hongkows

11.41 bay,

mon fog"

Prince's Buildings.........$10s buy.

How

bay

41

Bagherings....

Docit Lande

KTH

92

bay.

118 wal

RUGBY, October 4th.

124 4.901

kistels

K

34.95

ELK. Territoris

Lands Hong Kong Realtys,

#56) act., 554 va.

.. nom. 31 sel.

25.24

Humphreys Betster

12.13

Lands

18.15

20.42

18.08

Orientals

18.17

18.40 -34.49)

101 193

ELK. Tramways

Peak Tramur (old)

27.99

3671

2.7/18

785

Taxi ***

Singapore

ore Tractions..

5.29/32 Buenos Aires ..... 47.28/39 Bombay....

1/6.20/32 2/8 Shanghai.dijne Hong Kong es resplen

1/11/ Yokohama noite. 1/151/32 Silver spot & forward* 25.11/18

byr. 7.60 el

T. 1.60 buy.

Cations (old).::Fle: 47 non.

Do. (new)...... a. 29 nom. China Buses

Do. (new)...

..$20 nom.

•Fla. 54 nom

$14. Bel

$7 sch

13/8 nom. Hom

Amusement......319 50. Canton Ices Cements (combined).

non

17 BOL

Do (old) ......$6.80 nom. Do

Si mal. (New) China Tighis (comb.)....... 312 DOM.

Doc (old) wheus)§ nom

(now)...361⁄2 nom. (Continued at foot of next column.)

Do

ALPS

MILK

The Food of Life

In the interests of

Good Health

it is advisable to use

only a well-known and established brand. Bay always and insist on

BEAR BRAND

Obtainable everywhere

"The Sign of

THE ADVERTISING

and

PUBLICITY

BUREAU

Alexandra Buildings."

The Advertising Agency

...that supplies Advertisera with a Complete Service of Original Copy, Ideas, and Designs for Posters and Blocks,

...that checks "all insertions in Foreign and Chinese appers for its Clients,

that has an unrivalled and Extensive knowledge of the best media for all classeZ of Advertisers,

...that being independent, can place all this know- ledge and experience at the free disposal of its Clients, ensuring that the money A. B. MOULDER & CO they spend on Advertising

China Providents .... Constractionsunt

Dairy Farm Maker

Der A Wings H.K. Electrics..... Macao Electrion

R

B.K. Boper (old)

Do. Тале

(new) Crawlonis. Mackintosh.........

Sincares નાના

..

\{L.P_2.) --

nom.

312 nom.

#154 mom,

..13 nom.

151 buy.

...$43 nom. ......$10 nomi

nom,

36 nal. 122 2.1.

United Astortas saere 312

Watau fold

WOL. Fowl

Telephone

...$3.70 sel. B'que. Induk CLS Bonds...52 buy. buy-buyers: sel-selleraj us PROEKĪRS ;

will bring them the best possible return.

Telephone Central, 30.

OVER HALF A CENTURY REPUTATION FOR THE

OR LECLERC SOVER ADMINIS

Enyata

for Dikkasin of these Jaroktang? ÜRFARE, GRAVE, BACK AGREE, GOS, KASTRATING, Parte:& Leasing JunoIT, OTF Fus Pro ún. CatCiana Mro, Ca, Haraghock 25°W, W.,

London!

APERIENT

DLE CLERGISILKS, 20 DALE CLERGISAN KEMIA, PR50

SATI ARE SIKKISH FOR SABEMU ACIICINEUS DA: LE CLERCE FOAP, LA, MS ZAZIES

: