1930-06-28 — Page 4

HONG KONG DAILY PRESS. SATURDAY, JUNE 28, 1930.

SHOPPING GUIDE

FELIX HAT SHOP

HATS AND GOWNS

At Advantageous Prices.

7, Ice House St."

LOCAL MAPS

Peak District,

Kowloon,

Victoria, New Territories. «

HONGKONG DAILY PRESS.

PERMANENT WAVING

The Most Up-to-date Beauty Shop In Town.

Mas. BETEN, TEL. 58089. PENINSULA HOTEL Ex. 34.

NAKAMURA

MASSAGE

No. 3, LES TENG STEERT, 1ST FLOOR, WAKUHAL, Roxo Koun.

CANVAS

FOLDING BOATS

LIGHT!

FORTABLE":

Just the thing for the Beaches

INSPEOTION INVITED

RUDOLF WOLF & KEW, Lrn.

54, QUEEN'S ROAD CENTRAL 1st Floor.

Tel. 22173.

Mackintosh's

Men's Wear Trovialists.

Alexandra Bldg. Des Vaux Road.

Maison Marnac

(Dress Designer)

Has the Latest Models On View at

4, Pedder Street (opposite Hongkong Hole).

REMOVED TO

74, QUEEN'S ROAD C.

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

Во

ON SALE.

QOUND VOLUMES of the HONG KONG WEEKLY PRESS January to June, 1929. WITH INDEX, PRICE-$7.50. HONGKONG DAILY PRESS.

A.

YUN

TAILOR & OUTFITTER

48, POTTINGER STREET, CENTRAL TEL. 28060

QUALITY

DAINTY SHOES

OF EVERY DESCRIPTION MADE TO ORDER. AT MODERATE PRICES

ROYAL SHOE STORE No. 1, D'ÁGUILAR” STRIIT, Hoxe Kose. Telephone [29297.

The Main Shop of

POWELL'S

Gentlemen's Tailors and Outfitters.

BESPOKE ORDERS Executed in 24 Hours.

10, ICE HOUSE STREET,

Brown

Gentlemen's Tailor

2nd Floor,

BUTTON BUILDING, 7, DUDDELL STREET. (Opposita GoRTEL HALL) Orders executed in 24 Hours. TELEPHONE-23056.

THE JADE TREE, Inc. ||HONGKONG HOTEL

lía removed to

THE ARCADE, PEKINSOLAR HOTEL, We specialize in

Famous Jade Tree Rugs, Handmade Jewellery, Pictures and

treasures

of the ancient dynasties.

HONG KONG WEEKLY

PRESS.

CONTAINING ALL THE WEEK'S LOCAL NEWS.

The Paper to send Home:

Hexa Koro.

-་་----c

GARAGE

FOR CAR HIRE

For Hoxo Kono: 24788

FOR KOWLOON: 57374

THE DAIRY FARM

I HOE Street -

FOR PURE MILK

FARM AND IMPORTED FROZEN

MEATS HOUSE FED POULTRY

INTEGRITY

LANE, CRAWFORD, LTD.

THE DEPARTMENTAL STORE OF THE EAST.

TEL. 28151 (6 LINES).

HERE'S REAL

ESTABLISHED 1888.

Tak Cheong TAILORING FOR YOU!

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

́50, Quyen's ROAD CENTRAL

PHONE: 91817

HONG KONG FURNITURE

CO.,

LTD.

MANUFACTURERS OF

TEAKWOOD, BLACKWOOD

AND

RATTAN FURNITURE

8, QUEEN'S ROAD CENTRAL

· EXPERIENCED CUTTER GUARANTEED FITTING REASONABLE PRICES"

WING HING Co. TAILORS

PROFI 21417, 84, QUIE="CED., CHE

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

LAMMERT BROS.,

DUDDELL STREET

Just Arrived-A Delightful Selection of CANADIAN CANDIES &

CHOCOLATES.

ac's Cafeteria

HONG KONG HOTEL

ALSO

FRESH CALIFORNIA FRUITS

The SUN Co., Ltd.

People Who Advertise

BOOK SHOP and BIBLE DEPOT.

GOING ON LEAVE ?

GET PLENTY OF BOOKS FOR YOURSELVES AND THE CHILDERN 702 THE

DEPARTMENTAL STORE

R. S. V. P.

Invite Inspection

of their Slocks.

VOTAGE,

WYNDHAM "STREET,

P. O. Box 1, Hong Kong

is the Address. Write an Order for

the Weekly Press to be sent you. for Three Months or

or Thirty Years.

The first will cost you $3.75, and the Annual Subscription is $15,

DRE VOUX ROAD CENTRAL

H.K. TRANSFER & LIGHTER CO. FURNITURE REMOVLAS AND "GENERAL TRANS- PORT BY TRUCK. DE LIGHTER.

8T. GEORGE'S BUILDING

"Tel. 23639 L. E. 8. Hodge.

1e422

HAVE YOUR EYES

TESTED AND FRAMES FITTED

By

THE HONGKONG OPTICAL CO.

Qualified Opticians 53, Queen's Road C.

Tel. 22232

J. Allmann &

High Class Jewellers

Est. 1860

Alexandra Bldg,

Chater Road.

SHOP

AT

THESE SHOPS

BRUNSWICK HOUSE

BRUNSWICK PANATROPES

AND

RECORDS.

17, ICE HOUSE STREET

TEL. 24015

GOVT. SAVINGS FOR LAST YEAR.

REVENUE EXCEEDS EXPEN- DITURE BY $1,571,218.

INCREASES ALL-ROUND.

The following "extracts are taken from the report for 1929 on the Colony's finances by the Colonial Treasuer."

Revenus.

The total revenue for the year amounted to $23,354,473, being 91,973,878 more than the estimate, and 81,413,924 less than the revenue in 1999. The Revenue for 1998 in- cluded howover

sum of $1,083,538,77 which represented the recovery of previous expenditure chargeable to loan account.

Compared with 1928 there were increases under all heads except"| Licences and internal revenue, fecs of courts te and miscellaneous re- ccipta

The principal beads showing excess over the estimates were as follows:-Post Office 873,665;- Kow- loon Canton Railway 882,445; Rent of Government Properties etc. $101,333; Interest 189,838; Miscel- laneous Receipts 8458,477; Land Sales $938,171.

Weeping Eczema Caused Burning Pain Healed by Cuticura

"My boy was, six weeks old when weeping eczema broke out on his far head. It gradually spread all over his, face and head. The burning pain caused hirra raw out in agony, and ba [ecratched unalthe eruptions would bleed. He moved his Untle head about terrible, und an each side of his mouth scales formed. He suffered day and night and we hardly got any reat with him.

"I read an advertisement for Coseura Soap and Ointment to purchased some. and after using one cake of Cutler Soap and one and a half boxes of Cuti- cura Qintment he was healed." (Signed)" Mrs. M. Kirkham, 15, Plats St., High- town; Xednesford, Smfs., Eng.

Clear the

pores of impurities by dally use of Caucus Soap, with touches of Cuticura Ointment as needed to roothe and deal. Cuticura Talcum is fragrant and refreshing, an ideal tollet powder for every member of the family.

Sample cach Soup. Ointment and Takum free upon request, from Duyron. P

2. Price &: Company, L. P. O. Bez 660, Shanghai.

Be Sold Throughout the World,

ADVICE FOR INVESTORS.

READERS are reminded

that inquiries relating

to the share market are answered on page 12 avery

Lat- Tuesday by "Kufan." ters should be sent to this office, and must be accom- panied by writer's name and address, not for publication. Letters should be addressed to "Kulan," Editar.

Care of the

Public Debt:

The increases in interest and mis- cellaneous receipts are mainly due to the fall in exchange. Sterling in- vestments and deposits realised dur- ing the year have shown a con” siderable dollar appreciation' on that account. The other increases indicate that the improvement in local conditions referred to in the 1928 report have been maintained. The principal heads showing de- fcit compared with the estimates were as follows:-Licences and in-than the amount at credit of that ternal revenue $498,585; fees of fund at the end of 1928. courte &c. $8,16.

The revenue derived from the opium monopoly and stamp duties fell considerably short of the amount estimated.

Expenditure.

The Inscribed Stock Loans of of 1833 and 1906 amounted to £1,495,733 and the Sinking Fund stood at £674,622 being £43,571 mare

The Public Works Loan amount- ed to 64,927,000. The first part of this loan was issued locally at par on November 1, 1927, and bonds were" allotted to the

value of

The total expenditure brought to account amounted to 821,063,237, luing allotted. The sinking fund

ing $2,816,393 less than the estimate and 8703,015 more than the expendi- ture in 1928.

83,000,000. The second part wae issued on November 1, 1928, at a premium of 3 per cent bonds to the nominal value of 81,927,000 be

amounted to £51,390. being £30,654 more than the amount at credit of the fund at the end of 1928.

г

"Big Stocks of Coins.

The principal heads showing sav. ings were as follows:-Cadet Ser- The total receipts and payments vice 348,758; Junior Clerical Ser- in the Treasury books during the' vice 866,188; Imports and Exports Tear were 849,993,832 and 850,185,191, respectively. The figures nat ac Office 365,180; Harbour Master's counted for under revenue and ex- Department 24,034; Prisons Depart-penditure relate to transactions ́up- ment $35,772; Medical Department der various heads. $103,058; Sanitary Department Subsidiary coins in stock on $108,317; Education Department December 31 were ar follows:--20 8107,452 Public Works Recurrent | cents-883,972;"10 cents—$1,677,837; 8224,402; Public Works Extraordin. 3 cents-$35,168; Copper-819,010; ary $1,203,630; Kowloon. Canton Total $1,815,287.- Railway 8154,047; Military Contri- bution $728,030; Pensions 850,246.

These savings in so far as they relate to personal emoluments are accounted for by lapsing salaries due to vacant posts and officers on. letve.

Other important items word- The amount of opium sold was considerably less than anticipated and there was a corresponding re- duction in the expenses attendant upon the preparation of raw opium for sale. One new launch was not completed during the year as ex- pected and there was a consequent saving in fuel, equipment, atores. A considerable saving was effected in rent of quarters for European warders and subsistence of prison- ers In the Medical Department savings resulted on practically all sub-heade particularly Bedding and Clothing, Field Works Fuel and Light. Maintenance of Lunatics at Canton and Medicines and Surgical

Instruments.

The nominal amount of coins in circulation was $17,014,370 and the market value stood practically at par. The local circulation of notes and specie in resewe of the three banks having authorised issues were as follows-on December 31.

Note in Specie in Circalation. Reserve.

Hong Kong &

Shanghai Banking Cor- poration $59,636,538 $37,600,000 Chartered Bank of India, Aus tralia and China 17,160,323 7,000,000 Mercantile

Bank India,

of Ltd. 1,928,485 750,000

Total878,731,331 846,350,000

The rate of exchange for the estimates was taken at 16. 106. whereas the average rate for pur pose of conversion in the Treasury books was 1s.. 112.

In the Sanitary Department Bot- able savings were effected under exhumation recurrent, running ex- nenses for motor lorries and van. *Trade Loan Account, Under special expenditure the sub- stitution of a cheaper type of barge During the course of the year, and the purchase of 6 motor lorries the sterling loan was further re at a lower price than estimated ocduced by £145,000, and on December casioned further savings. In the 31 the liability in London, with the Education Department capitation Hong Kong and Shanghai Bank- grante, subsidies to schools and ing Corporation stood at £270,000, building geanta were the sub-heads £1,530,000 of the original loan of under which large savings resulted. £1,600,000 has now been refunded. As regards the Military Contribu Redemptions of mortgages effected tion a large amount due for re- during 1929... amounted to covery in respect of previous over 81,350,538,80, as against $2,804,030,00 payments was deducted from the in 1928; 84,845,879.76 in 1997; and 1929 payment.

$3,403,560,07 in 1923,

The principal heads showing ex- cess wore as follows:-Public Works Department 8223,383 mis- cellaneous services 857,072. In the case of the Public Works Depart- ment the excess was entirely due to expenditure occasioned by the water shortage. Under Miscellano- ous Services, rent allowances and exchange compensation were the contributory causes.

The revenue for the year exceed- ed the expenditure by the sum of

$1,571,218.

(Continued on next Doluma.)

LAMMERTS AUCTIONS

PUBLIC AUCTION,

THE Undersigned have receitad

Instructions

TO SELL BY

PUBLIC AUCTION

ON

MONDAY, JUNE 30,

COMMENCING AT 10.30 AM.

At No. 2, TORRES BUILDING, KIMBERLEY ROAD

A QUANTITY"OF VALU- ABLE HOUSEHOLD FURNITURE,

ON VIEW From SATURDAY, the 28th June, 1930.

TERMS--CACH ON DELIVERY.

LAMMERT BROS.,

AUCTIONEERS.

Want a Good Tifin

in Town ?.. Come to the

PRINCE'S CAFE

(Next to A.P.C. BUILDING)

To-day's Tiffin-$1.00

1.-Hora d'Oeuvres

2.-Chicken Cream Soup 3.-Fried Garoupa

4-Ham Omelette

•

6-Stewed Duck & Fish Mushrooms

7.-Cold

•

6-Roast Beef, Yorkshire Padding

→Gold Bologna Sausage 8.-Ice Cream, Chocolate Dressing

9.-Cheese

10.-Dessert.

11-Tea or Coffee

Cold TIFFIN 75 cts

Iced Consommé Cold Roast Beef or Mütton Coki Boiled York Ham Cold Roast Chicken Potato Salad and Mayonnaise Ice Cream

Fruits

Iced Tea

'PUDLO

2 Bang

CEMENT WATERPROOFLE

MAKES CEMENT STUCCO 'PERMANENTLY, WEATHERPROOF" Bole Agenta Hong Kong & 8. China: DODWELL & CO., LTD. Hổng Kosc.

will

$7.50

You

TIL 28021.

keep touch with Hong Kong

news for six months

Twenty nine loans were repaid] AFTER YOU GO AWAY

during the year. Power of Sale was exercised in one instance. The principal aum was fully recovered, but a small loss was sustained in respect of interest. It was found necessary in two cases to enter into possession of certain properties. In one instance, it was considered ad- visable to purchase the equity of redemption from the Official Trustee, the borrower having been adjudicated bankrupt

The overdraft at the bank at the close of the year was 82,532,488.64.

and you will certainly want to know what is happening Send an order for the Weekly Press to be sent to you. We, at 11, Ice House, Street, will do the rest.