1930-01-22 — Page 4

THE HONG KONG "DAILY PRESS, WEDNESDAY, JANUARY 22, 1930.

SHOPPING GUIDE

FELIX HAT SHOP

7, Ice House St.

HATS

AND

GOWNS Inspection Cordially Invited.

Bolande Sarrault

MODES-COUTURE

HAS REMOVED TO

3rd Floor, PEDDER BUILDING

ROOM No. 3 TELEPHONE. C. 2252

A SEK & CO. PHOTO-SUPPLIES

26, DrsVur Ro, O. TEL. C. 3459

NAKAMURA

MASSAGE

No: 3, La Tund" STREET, IST FLOOR, WANGHAI,

Howo Kore

RADIO SUPPLIES

Mackintosh's

Men's Wear Shocialists.

Alexandra Bldg. Des Vaux Road.

Fresh Flowers, Fruit and Vegetables »

The Glover Flower Shop

10, ICE HOUSE STREET

REMOVED TO

74, QUEEN'S ROAD C.

DER A. WING & CO. (1923), LTD.

ELECTRIC GRAMOPHONES Madame S. LEITE

AND MOTORS

SUPER ELTO OUTBOARD

MOTORS

RUDGE-WHITWORTH

MOTOR CYCLES TENNIS RACKETS

RUDOLF WOLF & KEW, Aro.

54, QUEEN'S ROAD CENTRAL. 1st Floor.

Tel. 0. 2173.

Ladies' Wear Specialist.

NEW SATINS AND LACE BRIDAL VEILS OF BRUS. SELS NET AND TULLE,

ASIATIC BUILDING. 1ST FLOOR TELEPHONE C2 4474

II

DAINTY SHOES

OF EVERY DESCRIPTION MADE TO ORDER AT MODERATE PRICES

ROYAL

SHOE STORE

No. 1, D'AQUILAR STREET,

How Rowan Telephone C. 3237.-

SHOP

AT

THESE

SHOPS

PERMANENT WAVING

The Most Up-to-date Beauty Shop in Town."

Ńn8. BETEN. TEL. K 681. PENINSULA HOTEL Ex. 34

A.

YUN

TAILOR & OUTFITTER

40, POTTINGER STREET, CENTRAL TEL C. 6060,

Нога Кака.

POWELL'S

Gentlemen's Tailors and Outfitters.

BESPOKE ORDERS Executed In 24 Hours.

10, ICE HOUSE STREET,

ALEXANDER'S INSTITUT

DE BEAUTE ... .

For the Best Perman- ent Finger & Marcel Waves." Hair Cutting and Manicure for Ladies & Gentlemen.

MODERATE CHARGES.

PRODIR BLDG. 181 FLOOR Room 5. TIL, C. 5169.* Opposite Entrance H.K. HoTIL.

HONGKONG HOTEL

.GARAGE

FOR CAR HIRE

FOR HONG KONo: G. 4758

Fox KOWLOON: F. 181

THE DAIRY FARM

1CK HOUSE STREET

FOR PURE MILK

FARM AND IMPORTED FROZEN

MEATS." Hovs FD POULTRY

WITH INTEGRITY

LANE, CRAWFORD, LTD.

THE DEPARTMENTAL STORE OF THE EAST.

TEL C. 4567 (6· LINES).

ESTABLISHED 1888.

Tak Cheong

Gentlemen's Tailors, Outfitters and Dealers in all kinds of Fancy Goods

50, QUEEN'S ROAD CENTRAL

PHOKE: CENT. 1317

HONG KONG FURNITURE

CO., LTD.

MANUFACTURERS OF

TEAKWOOD, BLACKWOOD

AND

RATTAN FURNITURE-

8, QUEEN'S ROAD CENTRAL

MAISON DE MODES M-MB D'OBRY. MODES, ROBES, COUTURE

CHRISTMAS SALE 20% Reductions HATS AFTERNOON. AND EVENING GOWNS, COATS,

SMART ACCESSORIES.

18, QUEEN'S ROAD CENTRAL

.

A SUIT IS NOT A SUIT UNLESS THE CUT IS PERFECT AND FOR PERFECT CUT GO TO.

AHMED DIN

4 D'AQUILAR ST.

KOTLOON BRANCH

› FENINSULA HOTEL

EXCHANGE BUILDING.

AUCTION!

IF YOU ARE FURNISHING

AND WANT TO PICK UP GOOD PIECES OF EITHER EUROPEAN OR ORIENTAL MAKE AT ADVANTAGEOUS PRICE, GO TO

اهیم

LAMMERT BROS.,

DUDDELL STREET

Mac's Cafeteria

HONG KONG HOTEL

Finest Selection

:

of

CHOCOLATES

BOXES

in FANCY GIFT

FRESH CALIFORNIA FRUITS

ALWAYS ON SALE

BOOK & BIBLE DEPOT

HALF PRICE SALE

OF BOOKS.

Books FOR YOUNG AND OLD

LARGE ASSORTMENT OF CHINISK- LITERATURE.

2, WYNDHAM STREET.

The SUN Co, Ltd.

DEPARTMENTAL STORE

DES VOEUX Road Central

H.K. TRANSFER

P. O. Box 1, Hong Kong & LIGHTER CO.

is the Address. Write an Order for the Weekly Press to be sent you for Three Months or Thirty Years. The fist mir cost you $8.75; aler the Annual Subscription is 815,"

FURNITURE REMOVALS.. AND GENERAL TRANS- PORT BY TRUCK OR LIGHTER.

8T-GEORGE'S BUILDING

Tel. C. 8639

K. 1422

L. E. 8. Hodge.

HAVE YOUR EYES TESTED AND FRAMES FITTED

By

THE HONGKONG OPTICAL CO. Qualified Opticians'

Tel 0.2282 53, Queen's Road C.

J. Ullmann & Cn

High Clais Jewellers Est. 1860

Chater Real

Alexandra Bldg.

FRIGIDAIRE

202

Во докат

* DODWELL & Co, Ltd.

QUEEN'S BUILDING, ... TEL. C. 1030

BRUNSWICK HOUSE

BRUNSWICK PANATROPES AND RECORDS

1,10%" HOUSE STREET TEL. 0.4038

SOLVING CHINA'S · CURRENCY TROUBLES.

IMPORTANT OFFICIAL STATEMENT.

MANIPULATION OF EXCHANGE TO BE CHECKED.

[United Press. )

NANKING, January 15. and pursue their industry and in- Interviewed by newspaper carres- | crease 'their productive power. In pondents here, Dr. H. H. Kung, order to attain this achievement, we Minister of Industry, Commerce and should concentrate our attention on! Labour, made the following state- ment regarding relief measures for the silver slump situation:-

"When the slump began, I brought up this matter for de- liberation at the. Central Political Council, and also wired to the com- petent authorities in Shanghai for close investigation and rigid restric tion of speculation. We find that causes for the sudden rise in the price of gold are very complicated and meny Among the most im- portant is the disturbance caused

"Peace Means More Froduction.

LAMMERTS AUCTIONS.

PUBLIC AUCTION,

THE Undersigned have received.

Instructions

TO SELL BY

FUBLIC AUCTION

ON

WEDNESDAY, JAN. 22,

AT 3 O'CLOCK P.M. AT THEIR SALES ROOM, DUDDELL STREST,-

"1.-The protection of the People's, property. During the last few years, there has been chaos'

The uncensing inter- THE and turmoil.

11

STEAMSHIP

YUET ON

"

As She. Now Lies Off

necino Warfare has made the people hesitate to invest in the varion's industries. As a result, we have no way of reconstruction. Production is on the downward slump. Unless proper protection is CHEUNG SHA WAN, KOWLOON given to people's property, we have no way of increasing the productive power of the people.

Capital and Labour. $49.-Encouragement for co-opera.

in the principle of supply and de.tion between Capital and Labour. mand, coupled with the general All suicidal and meaningless inclus- political condition and the lack of trind strikes should be prohibited as productive power among the people. a fundamental requisite for the in- Imports greatly exceed exports, and crease of productive power.... the value of gold makes its rapid jump. Speculation further compli- cates the matter; and a tremendous adverse effect. is created in this

country. As the value of gold in-

Improved Communications. 3.The development of com- munications throughout the country.

Convenience in communications and materials. Not only existing means the free circulation of goods

communications should be restored, but new systems should be develop-

creases, tremendous losses are sul- fered by the Government in the payment of foreign loans, since they | ed. "have to be redeemed in gold.

"2.-The Customs revenue being

legal Taxes, collected in silver suffers losses.

4.-All illegal taxes should be 3--Great difficulty is experi-obolished. We are aware that quite enced by importers as well as ex-n number of miscellaneous taxation perters.

has been eliminated or their elimina. **4.-Since modern industrial tion is being considered. The cost machinery and raw materials are of production must be lowered in imported, the rise in gold at once order to increase the productive boosts prices skyward, thus increas-power of various industrial enter ing cost of production and making prises. the native products dificult to com- pete with imported goods,

5.The Fall of silver naturally increases the prices of commodities manufactured with imported mate rials, and causes an increase in the livelihood of the people.

"6.-Losses on exchange.

The unsettled condition of the commercial world creates a panie on the market.

*The above have a serious effect on both the Government and the people, and the whole situation is pregnant with dangerous pus sibilities Regarding, relief mea Bures, I would suggest that wo classify them into three different kinds: Provisional, Preliminary and Fundamental.

..

|

Manipulation of Exchange. 5.-International Exchange.

Special banks for international ex change should be established in order to avoid the manipulation of exchange rates by certain banks already in existence, which have undoubtedly taken advantage of the situation. Their establishment will further facilitate commercial inter- course abroad.

"Support Home Industries."* "The promotion of national goods so as to avoid the excess of imports over exports and remove the cause for economic panica.

ance.

GROS TORNAGE: 1,130.14 NET TONNAGE 697.90.. Txat 185 0"

BREADTH 32′ 1′′ DEPTH 10' 1"

For Further Particulars and In- spection Ordera apply to the Under- Bigned.

TERMS:-ds CUSTOMANY,"

A

LAMMERT BROS.,

AUCTIONEERS.

PUBLIC AUCTION.

BE Undersigned have received

Instructions

TO SELL. BT

PUBLIC AUCTION

THURSDAY, JAN. 23,

COMMENCING at 5.15 P.M.

AT THEIR SALES ROOM,

DULDELL STREET,

SPECIAL SELECTION OF RARE BRITISH COLONIAL STAMPS, ALSO SCARCE CHINA AND OTHERS OF

HIGH VALUES.

CATALOGUE VALUE about £400.

Gold Standard. "The adoption of a gold standard, which is of great import

After going through the Every Stamp in Superb Condition necessary stages of reform and pre- and guaranteed Genuine by Messrs. paration, the adoption of a gold | GRACA & CO., PHILATELIS standard should be enforced, thus EXPERTS. giving a final solution to the prob- lem, vexatious as it is,

gestions are useful in the treatment: of the present slump, The Govern ment and people should co-operate to the fullest degree in carrying out the remedies, so that the situation may be ameliorated to a certain degree in spite of the tremendous loss. They have already been sub- mitted by me to the Executive Yuan for joint deliberation, and to the, State Council for adoption and ne- tion."

Speculation and Excessive Stocks, "The present panie has been in the process of development for some considerable time, but the immed iate, cause, it is alleged, is due to speculation. It has been suggested that rigid restriction be exercised We believe that the above sug- ever speculative transactions. The Ministry is now engaged in a close investigation of the case, if concrete evidence is produced on speculation, rigid measures will be adopted to put a stop to it. It is further alleg ed that Shanghai is over-stocked with silver, Farther importation of bar silver will be disastrous. This, however, is not the principal cause. We doubt very much whether the im- portation of silver would decrease it a tax is imposed on silver. It is a question whether, it is beneficial to the public to have a limited quan- tity of silver. Even if we succeed in reducing the quantity of silver and elevate the price to a certain measure, the effect will be domestic and not international, because this restriction will not affect the price of silver abroad These two sugges tions for restriction of speculation and quantity are only meant for temporary measures, and are being carefully considered.

Currency Chaos.

DEATH OF CAPT. E. M. HYND.

INQUEST OPENED IN SHANGHAI.

At the Public Mortuary in Shang- hai last week, Mr. L. T. Morris, H.M. Registrar, sitting as Coroner, conducted, an inquiry into the vir cumstances surrounding the death of Captain Edgar Murray Hynd, who 212. Rue Bourgeat. was found dead in his bedroom at

Mr.

Bur-

ON VIEW NOW.

TERMS:-CASH ON DELIVERT.

LAMMERT BROS,

AUCTIONEERS.

PUBLIC AUCTION.

receired HE Undersigned have receired THE

Instructions

TO BELL BY PUBLIC AUCTION

FRIDAY, JANUARY 24, COMMENCING AT 2.30 PM. AT THEIR SALES BOOM, DUDDELL STREET,

A QUANTITY OF VALU- ABLE OFFICE AND HOUSEHOLD FURNITURE

Comprising

Pianos, Gramaphones, Glues Cabinets, Chesterfield Couch, and. Armchairs, Carpets, Euge, Pictures, Electric Heaters, Iron Safe, Cameras, Porcelain Ware, Curios, L'esks, Typewriters, etc., etc.

44

Teak Extension Dining Tables, Dining Chairs, Sideboards, Dinner Waggon, Crockery, Glass Ware, Ice Chests, Kitchen Gear, Stove, etc, eta,

Teak and Iron Bedstead, with Mattresses, Single arid Double Ward- robes with Bevelled Mirrors, Dressing Tables, Chests of Drawers, Marbles Top Warhstands, Chamber Stand, etc., etc.

Ons Single Barrel 12 Bore Shot Gun

and

Ons Land Measure..

and

As to our preliminary remedy, we plan to pave the way for the final solution of the whole question, The greatest loss being sustained

The C. Daily News reports by the Government to-day is in the that Mrs. Valentine Sansin said that form of Customs revenue, which is she was a boarding-house, keeper at cidently forms the security for many 219, Rue Bourgeat, and that she domestic and foreign loans. Since this concerns the Ministry of Hynd, one of her boarders.

identified the body as that of Mr. Finance, we shall co-operate with Hynd had lived in her house ince this Ministry in devising relief mea- June last and he had an office of sures; we hope to diminish the loss his own at 2, Canton Road, being and at the same time preserve the security of the loans. It is true partner in the firm of Hynd and that the currency system in the Kanaya, cargo and marine country is in a deplorable state veyors. She last saw decensed alive and its reorganisation is imminent. two days before in his bedroom. The abolition of the tacl in favour Deceased had not enten since the of the dollar is of paramount im- previous day, so she naked him the Portance, for the tacl varies in value reason and he replied that he could in different localities: Our sub not cat. Witness had inserted an sidiary coins also need co-ordinn-advertisement in the Press that n tion as they vary so much in dif- room was to let and deceased must

have seen it.. ferent places. Before the adoption of a gold standard, therefore, we

The hearing was then adjourned. must consolidats the subsidiary of age,

The late Capt. Hynd was 48 years a native of Redear, coinage and abolish the tael unit. ·

Yorkshire, England. He came out Gold Standard Premature, to China originally to join Mesara, "We note in the Prees that the Butterfield & Swire and served with concensus of public opinion is in that company as an offieer until favour of the adoption of a gold 1910, after which he joined the standard as a fundamental solution Shanghai. Tug and Lighter Co. of the case at issue. But if we Then he entered the Chinese Mari- study the local conditions closely, time Customs as berthing officer and On View from THURSDAY,» the we shall soon see that such a big in 1921 he became associated with stride will be detrimental to the Messra, Angus & Co., remaining public interest. My suggestion for with that company until Auril last 419 bindamentale me medprié wfrakabideak after which he antelsabédzki z

restore peace and order in the own arm.

country, so that the general Deceased leaves a wife and two populacé may enjoy their livelihood, children, who are at Home.

· A COLLECTION OF FINE BLACKWOOD FURNITURE

Including s

Curio Cabinet, José Table, Jardini-" eres, Chairs, Table, Tea Poys, etc., etc.

23rd, JanuaET, 1980.

TERMS:-CASH ON DELIVERY.

LAMMERT BROS, AUCTIONEERS.