1919-05-21 — Page 2

LIFTS

and

NOTICE

WAYGOOD-OTIS

ELEVATORS

FOR ALL PURPOSES.

FOR QUOTATIONS APPLY TO THE

* SOLD AGENTS I

DODWELL & CO, LTD."

MACHINERY DEPARTMENT.

YALE CHAIN BLOCKS.

TRIPLEX, DUPLEX, & DIFFERENTIAL" TROLLEYS & TROLLEY TRUCKS, CRANES &c.

SOLE AGENTS ----

"BRADLEY & CO., LTD. MACHINERY DEPT. QUEEN'S BUILDING, CHATER ROAD, HONGKONG.

THE STANDARD LIFE ASSURANCE CO.

New Scheme for Children's Early Endowment:~~-

Principal features: Small Premium, Liberal Surrender Value. No Medical Examination, Return of Premium in the Event of Death, and Numerous Options at the Age of 25. WRITE FOR RAMPHLET AND FULL PARTICULARS TO

DODWELL & CO. LTD. Agents.

THE HONGKONG ROPE MANUFACTURING [:::

ESTABLISHED 1883. MANUFACTURERS OF

段

ATD.

PURE MANILA ROPE

3 STRAND

éto 15"

OTECUMFERENOM

CABLE LAID

5" to 15" GIRCUMPERIANCE,

4 STRAND 3" to 10" CIBOUMFERENCE,

Oil Drilling Cables of any size up to 3,000 feet in length, Friss, Samples and full particulars will be forwarded on application.

SHEWAN TOMES & CO. General Managers.,

LIQUEUR

GRAND

MARNIER.

CORD ON

ROUGE & JAUNE

CALDBECK MACGREGOR & CO.

15, Queen's Road, Central Telephone No. 75.

HONGKONG JAPANESE MASSAGE ASSOCIATION.

Kr. U. SUGA Mr. L HONDA

Mrs. A SUGA. Mrs. S. HONDA

8 Queen's Road Central,

Hongkong.

METALS

of all kinds, especially for ship- building and engineering works, Largest and best assorted stock in the Colony,

NORTH BRITISH

AND

MERCANTILE INSURANCE CO.,

!

in which are vested the shares of THE OCEAN MARINE INSURANCE CO., LTD.

AND

+9

THE RAILWAY PASSENGERS ASSURANCE CO.

The Undersigned AGENTS for the above Company are prepared to ACCEPT RISKS against

FIRE at Current Rates, SHEWAN, TOMES & CO. Agents,

GREEN ISLAND CEMENT COMPANY, LIMITED,

PORTLAND CEMENT.

In Casks of 375 lbs. net In Bags of 250 lbs. nat.

SHEWAN, TOMES & CO.

General Managers. Hongkong, 16th August, 1916.

MASSAGE HALL

23. FLOWER STREET,

MR. T. TAKAYE,

MRS. MORITA.

CERTIFICA-Eu MASSEURS. PATIENTS TAKatzen in Ti ON HOOKS

DESIRE,

*HE

SINGON & CO., LONDON DIRECTORY

(Established A. D, 1880.)

#ING LUNG ST..

Phone 513

MEE--CUEUNG. ICE HOUSE STREET.

FOR

EXPERT PHOTOGRAPHY DEVELOPING, PRINTING, ENLARGING A SPECIALITY.

STORE OPPOSITE CITY HALL,

THE NEW PRZENOH REMEDY.

THERAPION NË, 1 THERAPION NⱭ2 THERAPION N03

e.1 for Bladder Catarrh. An. 2 for Mood & ärin Diamant, No. 2 Zer daronio WeaknaanNE.

OPE ZALDS

«Hevernock RD W &LAMACI, MAKKER WORD THERAPION* » DE BAL GOVE-NIANE AFSTEED TO GENURE PACKSTO

(Published Annually)

enables traders throughout the World communicate dimer with Engibb

MANUFACTURERS & DEALERS

in secs class at gooris Brides being” # complete commercial guide to London and Suburbs is ontains Here at

EXPORT MERCHANTS

with the goods they ship, and the Coloma And Pareiza Markets they supply: also

PROVINCIAL TRADE NOTICES

af leading Manufacturers. Marchants, etc. to the principal Provincial Towns and In fustrial Centres of the 'nited Kingdom Busino Cards of Merchant and Deslen breaking

J

BRITISH AGENCIES

an now be printed under oak izada in which they are interested at a cost of £) for each trade heading. Imager advertise- [ments from £3 to 12":

dogy of the dimotory will be sent by por receipt of postal order for £1 10 0.

THE LONDON DIRECTORY, CO, LTD:

5, Abchurch Lane, London, F.C.

No office needed by thom who own

CORONA

The Furman Triona · Enakkoo

Come in and leam`what

will do for you

ALEX. ROSS & GO.

Des Voeux Road Central",

· REDUCING STEEL PRICES.

FEELING OF THE TRADE

most cases at least have to be reduced accordingly. Unless, therefore, price revision insured a large increment in demand, it would represent a loss to the mills, by reason of scaling down prices to be received on business already on books and about to be.

Pittsburgh March 21-The reduction in steel prices agreed upon between the leading steel producers in co-operation with filled. the Industrial Board will greatly disappoint buyers who expected sweeping reductions.

CUTS IN OTHER LINES.

Members of the steel trade The new claim that positive assurance has

steel prices will still

the

RACIAL DISCRIMINATION.

HOW IT IS PRACTISED

The Jis is one of the Japanese papers which has been most strenuous in upholding the claim made by the Japanese delegates at the Peace Confereries for the insertion of a clause in the Cav- enant of the League of Nations declaratory of racial equality. It is therefore of interest to find this journal (says the Japan Chronicle) expressing satisfaction at what it regards as the decline of the business of foreign merchants in Yokohama. As we have pointed eut on several occasions, to the majority of the Japanese racial equality means obtaining all the privileges and benefits which other nations have to bestow, while retaming for the exclusive | use of Japanese all the privileges and benefits which they possess.

their opinion, fur instance, the development of Japanese trade by for- eigners is anintrusion, neverthe- less Japanese should not only be given the right to develop foreigu trade in other countries, but. should do so with all the advant- ages of subjects or citizens which they themselves deny to foreign- ers in Japan. Another interest- ing feature of the article is the statement that as soon as peace is proclaimed the premises in the Yokohama Settlement for- merly owned by Gerinans will be occupied by Japanese. This is very significant of the change brought about in Japan by the the outset of the war that the war. It seemed to be believed at

trade formerly done by Germans would pass into the hands of other foreign firms. We pointed out the improbab ility of this result, and our anticipations have been justi- fied by events. The great bulk- of the trade. done by Germau of the Japanese and will undoubt houses has passed into the hands

of view, which makes lit- distinction between Ger-

tle

be been given by the Industrial Boardedly be retained by them. Whe about 80 per cent. above that in the case of all building firms engaged in foreign trade is ther the competition of Japanese 10-year pre-war average materials, as well as in the case likely to be less intense than of quotations, whereas the highest of some other commodities, efforts Government price on copper was would be made to secure lower

German time will show. only 69 per cent. above the prices, the same as has been done

From the Japanese

Point 10-year pre-war average, and cop-in the case of steel. Only because. per is now per cent. below the steel is a leading commodity, it the pre-war average.

It is rec-appears, was it picked out for the ognised that conditions in the initial efforts of the Industrial two industries are essentially Board. If simultaneous action different, but this may not be could be obtained in all building commodities, the results would of course, be better. That was at once recognised as impossible. but the "Board has felt that reductions in steel prices would furnish a good basis for negotiat ing with the producers of other materials.

at

understood by buyers.

The iron and steel producers have emphasised that what their minds are yet upon is the attain- ment of a price level at which buyers of all classes would be ready to go ahead and buy with freedom and not with expectation that further price declines would

In the steel trade there appears occur later. The producers have to be a positive belief that what held that steel demand could not ever funds are required to carry be given merely as a temporary out programmes of railroad stimulus. от

least one rehabilitation can be secured that would be worth

white and that the failure of Congress They have entended that with to appropriate $750,000,000 for the old prices, as slightly reduced the revolving fund" will not from the war-time level, there check to any extent the railroad would be a moderate amount of buying that would have occurred transient business. covering re- if this important piece of legisla- quirements that could not be tion had been enacted. Banks, postponed, that also that there it is beld, will furnish the money was on the books a very con- necessary to tide over to the siderable volume of orders.next session of Congress, and be- the filling of which would sides, this recourse there is the proceed in regular course, War Finance Corporation, which while if prices were reduced the this week has already advanced invoice prices .of shipments $50,000,000 to the Railroad against such orders would in Administration.

THE

ESTEY

PIANO

NEW MODELS.

AT

ROBINSON'S

in

NOTICES

PREMO CAMERA $1.50 ONLY

Kodak Catalogue Free on

application

A. TACK & CO. 26,"Des Your Rd. Central.

THE CHINA PROVIDEST SLOAN AND MORICHGX CO. LTD.

(Capita) Paid up...$1,450

Lena Harigars of Bocas Prop doodairesivadoù asperge. Advenost zande on Mundandies.

VADSTEN, BECUTOR DETA AlsORNEY, dn, Undertaken and Examinat Clams and Pardolazi on syptiension)

To the Cimes of “

SHEWAN, TOMES & CO., General Managera.

DELICIOUS ICES

There

is nothing more refreaking hot, sticky doyr than micoly made it specially if they are prepared THE ALEXANDER CAFE

FIF Lot * Proce Ow's are dest.......”

THE ALEXANDER CAFE

DRAGON MOTOR CAR CO.

HEAD OFFICE & GARAGE-24 & 25 DES VŒUX RD. GEN. BRANCHES 157 PRAYA EAST & 26 NATHAN RD. KOWLOON. SOLE AGENTS FOR:

P

R

4

o

CHANDLER, HUDSON,

#

M

SERVICE

AND

15

"OVERLAND "

ELGIN MOTOR CARS HARLEY DAVIDSON MOTOR CYCLES

AGENTS FOR STERLING TYRES NEW CARS & TYRES IN STOCK

'EXAMRI AR-SERIE US

mans and other Western traders, great advance has been made by the elimination of one group

the Jiji indicates, the hope is TEL 482. BEST CARS IN THE COLONY TEL. 482. of foreigners, and, as the article clearly that this is preliminary to traders from a field which should the withdrawal of other foreign

be exclusively possessed by Japanese.

FOR HIRE.

Samples & Prices on Application to

FOOK LEE & CO..

That there will be a reallyTHE SIAM INDUSTRIES SYNDICATE extensive programme of railroad buying in the next few months is, Rails are the first item thought however, distinctly doubtful.

TOILET AND WASHING SOAP of, but the rail mills are under- stood to have entered the present year with about 700,000 tons of rail business on books for do- mestic roads, against orders plac- ed long ago, but not filled in accordance with original plans, on account of the war. Naturally these orders are all at $40 or less, so that the question of arriving at a suitable price for sails has not been as difficult as has been assumed when it is considered

Phone 1174 & 1950.

THE

Sole Agents.

that the War Industries Board WING ON CO, LTD. *

last September set a price of $57 on rails and the Railroad Admin- istration refused to approve the

price. In the circumstances,

however, a rush of rail buying #

can hardly be expected. Since

the first of the year the mills

have been rolling rails against

old orders to the extent that rail- roads were in position to accept and lay the rails, " RAILROADS AS STEEL

BUYERS.

As to locomotives, there has been of late a fair degree of building activity, most of the shops still having orders to fill. As to cars, less than one-fourth of the 100,000 cars ordered almost a year ago have been produced, the fate of the remainder of the orders being in doubt, while the railroads do not show evidence of being greatly in need of addi- tional cars or locomotives.

Building in general has been at an extremely low ebb, and it is hardly likely that there can be an immediate revival in large proportions of such construction work as involves heavy consump tion of steel. Construction ex- penditures now being considered TOD very

to largely road building, which of course, involves the consumption of very little" steel Next in örder of visibility is dwelling- house construction, which re- quires but a very moderate amount of steel. The really large consumption of steel, in Icon- nection with new construction, is in office buildings, hotel buildings, factories, and power stations. Along that line there has been practically nothing done to date, and there is little assurance that there will be much in the neur future

貨

HONGKONG.

UNIVERSAL PROVIDERS,

Most up-to-date and Cheapest House in Hongkong.

Prompt attention given to. Orders.

Ask for the Original

GALLIN MARTEL

The oldest and one of the best Brandy Houses in the Trade.

SOLD BY ALL DEALERS.

Sole Agents for China

H. RUTTONJEE & SON

16 QUEEN'S ROAD

有

A