1928-02-29 — Page 2

Page

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HONG KONG.

THE HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 29th, 1928.

SHANGHAI VOLUNTEER

CORPS.

FAREWELL AND PRESENTA TIONS TO COL. W. F. L. GORDON,

COMMANDANT FOR FIVE

YEARS.

SHANGHAI, Feb. 25th. There was a moving ceremony in the S.V.C. Drill Hall, yesterday evening, when, after a week of farewells by units, tho Shanghai Volunteer. Corps as a whole took Exports leave of Colonel W. F. L. Gordon, Imports

the retiring Commandant, and gave him a parting gift which spoke conclusively of the esteem in which he is held by all ranks.

There was a very strong muster under Major R. W. Daris, the Second-in-Command, the various cuits being drawn up in Company formation behind the Light Horse and the American Troop, facing the Foochow Road entrance, whilst in the outer hall the Russian Com- pany mounted a very smart guard of honour. Shortly before the Com- mandant arrived, the Officers of all units formed up in two long ranks across the hall, in front of the units, and the Orderly Room per- manent staff were grouped to the right of the entrance,

A ringing word of command, and the Russian guard smartly present- el arms as the Commandant enter-

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To the Publisher

** HONG KONG WEEKLY

· PRESS"

...

11, Tom Hoven Staart, Hong Koka

Ploso send me the

"HONG KONG. WEEKLY PARKS"

froo

1928 to....

addressed as follows -

SUBSCRIPTION Pam ix' AdvancL $13.00 per annum for delivery in the Hong Kong,

$15,00 per annum to any part of the].

world (including postage).

48 Rights Rusm

INSURE

YOUR

MOTOR

CARS

WITH

AMERICA'S TRADE WITH. CHINA.

REPORT OF U.S. COMMERCIAL ATTACHE.

THE OUTLOOK FOR THE CURRENT YEAR "NUT BRIGHT.""

Following is the report of the figure most prominently in Ame. U.S. Commercial. Attaché (Mr. rica's export trade with Hong Kong

with China in 1927 :-- Julean Arnold on America's tendere petroleum products and for im ports tin, wood, oil and tea. As for its trade with Dairen (Kwan- AMERICA'S FOREIGN TRADE: 1997.

tung) this is essentially trade with Manchuria. U S. Cold

There are not included in the abare totais the shipments of dar 4,863,000,000 silver from the United States to 4,185,000,000 China which average about Gold should be added to the total of $35,000,000 annually. This sam America's exports to China. Fur thermore, a certain amount of American trade with China appears in the statistical" returns as trade with Japan whereas it is essentially 83,311,000 transhipping trade,

C.S. Gold 29,050,000,000

.. TRADE WITH CHINA: 1027.

Exports:

Ta China To Hong Kong To Kangtung

Exports:-

1520.

To China To Hong Kong To Kwangtung

Importa:—

U.S. Gald

iper.

I.8. Gold

18,860,000 3,099,000

T.S. Gold

३

A Fair Estimate.

A fair estimate of the sum total of TS. Gold $100,000,000 America's trade with Chinn, in im- port and exports, would probably be about US Gold $350,000,000, which would mean the equivalent of 4 per cent of America's total foreign trade, or nearly 25 per cent. 110,205,000 of China's foreign trade. America 12,818.00019, without any question of doubt, 6,465,000 Chinn's principal customer, as it purchases more of China's.com- 190,488,000 modities than does any other for

eign nation. If China's trade with Hong Kong were unscrambled so to assign to each nation the trade which properly belongs to that country, and if due allowance were 151,782,000 made for America's trade with 14,980,000 China as now credited to Japan, *3,730,000 there is a possibility that for the year 1927 America may have ce- cupied first place in China's foreign At all events, its position is of far greater significance to the foreign trade of China than has usually been surmised.

From China ...... From Hong Kong From Kwangtung

likewise came to the present. The Commandant inspected the ranks and then mounted a small platform over which hung the Municipal flag. Accompanying him were Mr. 5. Fessenden (Chairman of the S.M.C. and Civil Commandant) Plus total exports and Messrs. V. G. Lyman, J. J. Paterson" and K. Fukushima (Councillors).

U.S. Gold

U. S. Gold $170,393,000

U.S. Gold 3100,060,000 Total China trade.......$279,182,000

19:20

Imports --

From China From Hong Kaig.. From Kwangturg

U.S. Gold

trade.

QUEEN'S THEATRE

CHARLIE

CHAPLIN

In

HIS GREATEST COMEDY

THE

CIRCUS

Starting

SUNDAY, MARCH 4th

Times & Prices

At 280, 5.10 & 7,15 ......$1.20, 80 ets. 60 cts. & 40 cts. At 8.20.

$2.00, $1.20, 80 ets. & 50 cts.

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS.

The 1928 Outlook. The statistics of America's trade with China as set forth above seem to make a fairly good showing. taken in the aggregate. America's 143,148,000

exports to China" seem 11,293,000 fallen off about 20 per cent. as to have 3,465,000 'contrasted with those of the pre- America's imports from China ap vious year.

On the other hand, B., Bank Pear to have increased about 20 per cent. Importers and exporters in satisfied with the year's business. Chias were generally speaking dis As the American Consul, Tientsin, very aptly expressed it." The year was one of proftless prosperity. What most concerns the foreign of tax, impositions against trade. trader in China is the rising tide

A Personal Friend. Major E. H. McMichael sadd :- "Colonel Gerdon,-On the com- pletion of your five years command of the S.V.C., the Officers, War- rant Officers, Non-Commissioned Officers, and men ask you to accept this set of plate as a token of our friendship, and to commemorate your association with us during an Plus total exports historic period. We are proud to record that, during your command, the strength of the Corps, has reached the highest point in its his tory, and we venture to say that the efficiency of the Corps and ita nitary qualities have never been higher. The security of Shanghai has been gravels menaced during the past few years, and the pro- rection of it by the Corps has con- tributed in no small measure to its safety. It is felt that the Corps aves everything to your direction and ability during this period. and, in parting with you, we feel that we have not only lost an able Commandant, but

A personal Friend."

U.3. Gold $157,004,000 US. Gold $129,488,000

Total China trade........287,302,000

Major McMichad then presented to the Commandant an illuminated address, an album containing the names of members of the Corps, and the handsome silver ten and ceffee set, and silver salvet.

The figures as quoted above are United States Department of Com- taken from the statisties of the

rica's imports from China for the merce, They indicate that Ame- year 1927 increnied quite consider- ably over those of the previous year. On the other hand Amerien's exports to hins fell off somewhat

Do

nom.

£99 nozd.

FEBRUARY STIL, 1928, ...............į $1.210 buy

11,910/1,215 s Londen...£125

LON Chartered Bank 221 bay.

F. & O. Bank, Mercantile Bank A. &B...£32) mom.

Do.. East Asia Bank 567 bay.

ཊུའ་ས་གས་་་་་་ Canton Insurance $635 buy. North China Ins. ..... Union Insurance......$21 buy. 323 sa

Chins Underwriter....bay. Yangtane Insurance....M. 3464 buy.

ng Kang Fire is..

Ipentance.

$216 pom. *.3690 207. $43 buy.

7 bay.

China, Fire

It is doubtful that China's ex- ports to the United States for 1025 will equal the 1927 figures." Ex Dongle porters can not continue to meet H.K. Steamboata for 1927 as compared with 1926. Further tex impositions. The costs H.K. Taga

of Chinese cargo to American Indo-Chinas (Pref.).

Do buyers will be likely to exceed the

(Def.) limits which American importers Shell Transports

Waterboats. can afford to pay.

Benguets,

the

There are certain discrepancies in the returts as given above. The United States has not been secur ing full craft for the sum total of its trade with China, either as

As for imports from the United shown in the statistics of trade as States into China, these already compiled bits Department of show the effects of the drain Commerce ir as set forth in the country's financial resources. Chinese Customs Returna of Trade. thermore, importers in China must When the allowance is made for have assurancea against a continued these discrepancies, America's posi-state of uncertainty in tax imposi tion in China's trade is of far tions. They are not adverse to greater significance than published reasonable increases in import tariff returns of trade have tended to schedules, so long as these are of

uniform and definite character.

Thus the outlook for 1098 for Trade Wit Hong Kong. American trade in China is one of America's trade with Hong Kong great uncertainty, Considering the is in the main Chinese trade re-various unfavourable factors which presenting transupments either to now confrent it, the outlook is not or from China. The items which bright..

An Illuminated Address. The book contained the illuminat. ed address, followed by pages an which members of the various units indicate. of the Corps had inscribed their names. The book was bound in full morocco, with the Corps' crest rmbossed on the front eover, the leaves being of vellum. and was enclosed in a suitable case.

The Colonel's Thanks, Replying, Cal Gordon said: I have told you of my feelings about the whole of my service with you. individually by naits. I have nothing to add to that, but you niake it more difficult as the time i comes for me to go to part with I think the word 'thank you' is too bald, but there is no other way of expressing my feelings.

you.

Many

BURIED FOREST.

BUBBLING STREAMS WITH THEIR OWN GAS.

PALLIS

While searching for underground springs at Corene (Isère) navvies

discovered streams which bubbled

like champagne. When a match was struck the gas from the water" caught fire and burned for severa: hours with a bright fame.

For five years you have given me service and loyalty, and not only does it make me a proud man, but your loyalty must make you proud, and proud, too, of the Corps composed of so nationalities, when you have work-

On a shaft being tank the re ed as hard as you have done in trains of a buried forest, compris such troublous times, with a loyalty ing enormous oaks and pines, were to the community as well as to me. found 100 fext below the surface. It must make you proud men and The gas was produced-by the de- you can hold up

your hends composition of vegetable insiter in Your amongst the best.

How say the forest, which is supposed to good-bye and good luck to have been buried by a tremendous you The predominant pastace at landslide from Yoont Saint "Home says that I must go home Eynard many hundreds of years

GILMAN'S and so I am going. I only wish ago.

“OCEAN" COMPREHENSIVE POLICY.

DYER HALF A CENTURY REPUTAT

OR, LECLERC'S OVERCOMEYS

FRAIS ALL FORA

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SAPTARI KRAANIN TƏZİ BANKA AZZARIN DR. LE CEERO'S SOAP Lear (262

HONG KONG POLICE RESERVE.

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Tis, 10 sel.

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THE

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Kailan Mining Ad..... Langkats (combined).. Do. (single) Fur-8h Explorations

Shanghai Loans Ranh....... Tronoh Mines. H&K Wharts...$133 buy, HK & W. Deck

36 nom China Providents Hongkows.... New Engineerings. Tis. 6 buy. Shanghai Docks”........The.

The. 97 bay. Ewo Catloss ......... Tla, 7.85 bay

72 101. di ka. The I nom.

(now)...... Tia. 5

[ORDERS BY: THE HON. MR. 2, D. 6, WOLFE, C.M.G., CAPTAIN-SUPER- INTENDENT OF POLICE.]

Governor's Inspection, HE. the Governor will inspect the Hong Kong Police Reserve in conjunction with the Hong Kong Police Force and the Hong Kong Fire Brigade on Wednesday, March 28th,

on the Murray Parade Ground. All Police Reservists are requested to keep this date open.

Fractice Farade,

A

Do.

rentals Bhanghai Cottons (old)...Tis, $5 bis

HK &8. Hotel 15.00 MMA & 13. -

H.K. Lands

buy.

8.70 sa

'd.

Bhanghai Lands The 187 buy. Humphreys Estates..... Hong Kong Realtios... $990 buy FK Territorials EK. Tramways. ..... $26.10 bay.

25.20=, div..

m

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Peak Trama (old).......$14

Bo, (now).......................$őj nam. Star Ferrics...... China Lights (comb......316 buy.

Do

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$72 bur, 73 201, 713/79 ...$4.35 buy.

buy

Do. HK Electrica Macao Electrics 1 Telephones.......... Singapore Tractions......11/3 nem. China Buseyin...... TL. 6 nom. Chick Sugars $10.40 buy.

Canton low Malabon Bugars$274 nom.

Cementai (combined)......$11.20 buy...

Il sal Do.

(ald)......$9.88 nom Do (now).....114 1970

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All members of the Chinese, Indian and Sharpshooters Com Bopes (old) 39.50) panies will attend a practice parade on the Central Police Station com- United Asbestos.......10 sel.

..141 bay. pound on Wednesday, February Dairy Farms........ 120 bay. 29th. Fall in at 6.30 p.m. sharp.

312.40 buy., 12,4^/} sm' Dress: Uniform, cap without cover, and belt..

$3.86/.45 8. .022 *Flying Squad.

Der & Wing Leas Crawfords Mackintoshs.

HR. Amusamanté ATTE. WHY, &

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HK, Gort Loans prem, bay. ELK. Constructions B'que. India. G. Band...6

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that she was here to-night to see the proud honour that you are offering to me. I thank you from the bottom of my heart for all you this tribute to their retiring Com have done for me and for your Corps applied for permission to mandant than the US. Marine kindness to me. Thank you."

On the end of Major Davis, the Pay irrespects in a simarThe next weekly instructional mereciouspans whole Corps gazete the Cons consist of three main elements. On Thursday, March 1st. Fall in at manner, and the guard now will patrol will be held in Kowloon on cheers and a "tiger" for the Com- the right will be the U.8. Marine the Star Ferry Wharf (Hong Kong mandant, after which the parade Corps, next to them a detachment was dismissed.

Arrangements For Departure,

from every unit of the Shanghai side) at 5.10 p.m, sharp. Volunteer Corps, and in the rear Those men who have not passed Colonel Gordon, adds our contemaguard furnished by the Buzian out in Part L of training course porary, is to sail for Home by the Company, S.V.C. As each detail will attend at the Central Police P. & O. 8.s. Macedonia on Tuesday of the S.V.C. is to be not less than Station compound at 5.15 p.m." on (February 28th), at noon, and will 18 men strong, and the U.S. Marine Thursday, March 1st, for aquad drill have iris dust opportunity of seeing Corps are sending 30 men, the main under Sergt. B. J. Hunt. a representative detail of his com guard will present, afront of mand when he inspects the guard about 125 men. The guard from of honour which will be mounted the Russian unit will be 50 strong, be carried, out at Kennedy Boad test will be carried out on Sunday

for him in front of No. a Pontoon at the Customs Jetty. The Shang hai Volunteer Corps no sooner had announced their intention to pay (Continued on next Column.)

Major. M. Reader Harris, M.C., will command the S.V.C. Guard The parade is ordered for 12 noon and the departure of the Colonel is fixed for 12.30 p.m.

The regular revolver practice will

Sharpshooters' Company;

HOME-9.3minsă.

their revolvers and belts with hole- terk. All men should practice rapid drawing of their weapons from the

new holsters as the rapid drawing next,

(Bgd.) L. E. C. CALTHEOP,

A.S.P., Adjutant,

Revolver Range next Sunday morn ing March 3rd at 10 am. Uni- form optional. Members will bring (Continued at foot of rest column) Hong Kong, February 28th, 1029.

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EXCHANGE RATES.

(BRITISH WIRELESS SERVICE.]

Paris Brussels

RUGBY, Feb. th

Amsterdam....

31/Laz Copenhagen Vienna Helsingfors

124

33.02

12.121

02.10

18.20

34.023

193)

Lisbon Bucharest

7841

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意