1939-01-25 — Page 11

HONG KONG DAILY PRESS

4)

Finance and Commerce

BRITISH MILLS MAKING VARIETY OF FABRICS

Fresh Ideas In Pattern

And Colour Observed

TRAM COMPANY

PAYS RECORD®

DIVIDEND

Reflecting the great increase trame receipts during the past year, the highest dividend in ten years will soon be paid by the Hongkong Tramways. Ltd.

FINANCE

INDUSTRIALIZING SOUTH KIANGSI

NANCHANG, Jan. 24 (Cen- for tral)--Plans

Industria- lling southern Klangsi Arv being mapped out, jointly by the Chinese Industrial Co- operatives Commission and the Klangsi Provincial 20- thorities.

וי

It is learned that the fron mines at Hingkwo, Yutu and Shangyin wil be exploited. Several iron works will be established to manufacture small-sized machines for various purposes,

Sugar and sweet potatoes, which are produced in large amounts in southern Kiangsi, will; be used for the manufacture of alcohol.

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After providing depreciation, all other charges, amounts written-off goodwill and construction expenses and In Investment Account and Other Industries such as paper transferring the sum of $100,000 to making, weaving. printing and General Reserve Account, the di-match manufacture will also be rectors will recommend, at the ad- started.

LONDON-In all the great textile producing centres of the, United Kingdom preparations are well forward for the production of the new cloths which will help to make the British Industries Fair a sery bright affair, at any rate, so far as that section is concerned. From what has already been seen of these new lines It is abondantly clear that there is no lack of initiative in the mills, furthered by a happy spirit of co-operation affecting all de partments and enabling new ideas to be developed to the utmost.

nual general meeting to be held on War refugees will be employed

17. It is a scheme that has met so February Spinners, dyers, weavers, printers.

payment

3 in all these industries, and finishers all contribute something|far with a considerable amount of final dividend of 90 cents a share, machinery which has been 1ying! to make these, new tabrigs out-appreciation, and it should great-making a total dividend of $1.35 a idle owing to the war standing and different from those ly facilitate the work of those who share for the year 1938.

utilized. the making-up |„ are engaged in which have gone before.

trade.

Colours are brighter. prints are cleaner and 'there are new textures that are most attractive, although It must make it somewhat difficult to classify them.

It is that Indeed, which makes it so very important that all firms who are ordering from British mills, either direct or through their

VARIETY OF PATTERNS In looking over some of the pat- terns that have been produced so' fur, one cannot help but be amazed at the devices that are now avail- able to the designer.

of

The previous highest dividend was $1.40. pald in 1928. The divi- dend for 1937 was 90 cents.

HUMPHREY'S ESTATE Humphreys Estate and Finance: Co. Ltd. announce that, the net profit for the past year, after de- Raised pattems are evidently reducting Directors' and General taining their popularity, although Managers' remuneration, and in- shipping houses, should be most there is a tendency in many direccluding $21.027.98 brought forward. particular in using the brand-ttons for relle! effects to be not amounts to $238,015,20, which is names that have been evolved by quite so deep as they have been recommended to be allocated a15

the makers.

TRADE NAMES Some of these names, it must be agreed, are as Ingenious as the fabrics themselves, especially when they are made to convey something of the maker's name as well as a reference to the nature of the material.

The usefulness of the system of trade-name was established in the textile trade many years ago, and the developments of the past few years have but served to emphasize Its value in avoiding mistakes.

There is another movement that is growing to an important extent and that is the marketing of "family" cloths. otherwise a series of fabrics that may be used in the making-up of clothes or furnish- Ings.

follows:-

There are chenille stripes and em-

Pay a dividend of 7 on 200,000 broidery effects in endless variety

shares $140,000.00: Transfer to and, while linen Anishes continue their vogue, there is also a big General Reserve $50,000.00: Trans- demand for tweed effects, especial-fer to Buliding Improvement Ac- ly those which recall those of the rugged homespun varieties,

NOVEL TEXTURES ·

count (bringing same up to $50. 000.00) $1.367.25: Transfer to Special Repairs and Renewals Account bringing same. up to $15,000.00) Hopsack weaves and also slub-$8.319.50 Carry forward $38.328.51, spun cord effects are noticeable among the plains, which are note- worthy for the great number of fancy effects that are now being used.

water-repellant processes are being Increasingly used where they confer The printed designs are largely radvantages on cloths which are to of the floral order, the use of birds be used in circumstances where and animals for ornamentation these qualities will be appreciated. being mainly restricted to those for and sometimes the twe processes.

with are used in combination, employment in connection

All the same it must be added children...

new productions will that the worthily uphold the wonderful re- putation that has been bullt up many decades for the during SO durability and good service which British fabrics can be relied upon

Apart from the weave and de- coration of the new fabrics, it may One maker, for example."Is mak-be pointed out that there is quite a ing a range which includes three valuable attribute in the nature of plains. three stripes and

can two the finishing processes that checks, any of which or all of them now be incorporated. can be used in combination.

Of these, the anti-crease and to give..

will

be

FOUNDE

"WEDNESDAY, JANUARY 25, 1939.-PAGE 11

K. M. A.

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1. Fur Rug

On VIEW from THURSDAY,

the 26th JANUARY, 1939.

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