1920-05-18 — Page 5

600 PER CENT. ADVANCE IN PULP PRICES,

HONGKONG TELEGRAPH.

TUESDAY, MAY 18, 1920,

the benefit of the stocks which PROFIT - SHARING FOR FARM they had bought at comparatively moderate prices.

WORKERS.

W

WORLD PAPER SHORTAGE, handicap free access to inform

atibo. Therefore they welcomed the fact that they had at the head of the industry a man of Ho believed the shortage of such proved enterprise and paper would last for some con- ONLY RENT FOR OWNER public spirit a Mr. Consina Hasiderable period. The stocks which A complimentary fatebean to Colossus, as the term might be cheap prices would have to ba did not like to call him the paper were being sold the public at Mr. Stanley Consíns, Director of considered uncomplimentary, but Misses Albert E Reed and Co. any statue to him ought to be in paper makers, and the Imperia'

compressed paper. (Laughter.) Paper Mills Company, was givèn

After the toast had been recently at the Connaught Rooms drunk, Mr. Cousins was present by friends in the paper trado anded with a silvar tea-service, associated industries on the oceas-

pany, numbered about 150.

The Chairman read the follow- ing telegram from Mr. Howard Corbett, manager of The Times,

from Madrid ----

**Regret exceedingly that holiday in Spain happens just when I would like to spend one day in town to congratulate Stanley Cousins on attaining bis Sex Birthday. He will get the sincere congratulations of many good friends, for all in the paper making industry know of his untiring efforts for the industry during the war period. Consumers of the precious commodity are equally, if not more, grateful, and are glad to realize that we have such a man to help us in these even more critical times. May be live many more happy seats."

INCREASINO WORLD DEMAND

paper

the

situation

Lord Burnham, in responding.

con-

He announces that the schame

conferences with leading agricul has been drawn up as a result of jurists throughout the county.

af the

The landowner would receive at market rates, but would have no shares in the profits, "because he is not a partner in the risks,"

of 300 acres requiring capital of cal example, an imaginary farm Lord Robert takes, as a practi

replaced, and he thought they stituenta an interesting schema Lord Robert Cecil has laid would all find that a serious day for the application of the profit-

before his Hertfordshire

of reckoning was coming. There sharing and co-partnership prin fars it behoved the newspaper trade carefully to consider its ciple to agriculture. position. He thought the time had lon of bis 50th birthday. Lord Mr. Cousins in responding, said enter into conference with the come for the users of paper to Burabam presided, and the com- bis connection with Fleet-street paper-making trade to consider went back to 1834, when his the queation of raw material. If

Briefly, the details grand-father was made a partner the price of paper continued at schame lay down that the farmer Speaking of the situation in the beyond that figure, it was obviousThe men would be paid the pre- in a firm of banknote engravers. 33jd. a lk, and was going to risa

would be the employer, and entitled to salary, as manager. paper industry, he

said that that something, would have to be before the war we consumed and done, and he would suggest to wailing trade union rate. exported from the country 33,000 Lon! Barabam and other leaders basis of services rendered-the tons of paper and boards weekly. of their trade that perhaps the value of these services being Profits would be divided on the of which two-thirds were manu- time had come when they should determined by the amount paid factured in this country. It was meet to consider this matter. The for them in the form of manage largely because

was question was whether they were "dumped here by Germany, going forward blindly and before ment salary and workers” wages. which kept prices so low, that many months were over would be most British makers bad not the fared with such a serious tosition heart to go ahead with new en-as would make them wish they terprises. We were now up had dealt with against a world shortage, which earlier. was likely to last for some time, because, as far as he could see,said he hoped that some serious as quickle as pulp mills were put steps want te taken to put to down the world demand for paper those interested as manufacturers, would be increased. Unless they merchants, or consumers of paper went ahead with In proposing the health of Mr. positions speedily the price was done. Thongh be did not feel pro- the question what ought to be Cousins, the Chairman describes bound to keep up, and he might quite the extreme fears of Lord him as the most popular man insay even go higher. The present Riddell, it was desirable to see the paper trade, and recalled the quotations averaged just seven what ought to be done, in order fact that it was from the firestines pre-war prices for prips that they could meet the present of the Daily Telegrph that Mr. alone, an advance of 600 per cent. difficulties in the only way. This Cousins had bis first introduction He could not agree that this 600 wavby increasing the supply, and into business life 37 years ago per cent, was justified. If sup- realizing that economic laws were He was responsible for an cutput pliers of raw material would be justified in the long run, and that of not less than 4,500 tons of satisfied with a very handsome there was no way of getting paper a week, which meant not and substantial profit per ten, round them less than 6,000 tons

they could put their goods in at from four to four-and-a-half times pre-war prices - That would save the industry on raw materials alone exclusive of "the, supply from our Colonies. nearly 12 millions a year, taking 1913 as a basic year for imports. When capitalised, the sum approached £230,000,000. That WAS the Abnormal difficulties ex difference represented by a fair pererred by the North Russian price and present-day quotations. Expeditionary Force are describe The present foreign paper prices.ed in dispatches dealing with the however, to-day exceeded the operations, which have just been British price by from £16 to 220 pablished.... per ton.

DOMINION OUTPUT.

TAW

|

pulp

*

BRITISH FIGHT IN ARCTIC COLD.

FOUR HUNDRED MILE TREK IN SLEIGHS.

The pasting. for example, of He questioned if the Govern. aver

2,000 men of General ment would allow this state of Maynard's Murmansk force as things to continue. In addition reinforcements from Soreka to to our present importation of

£4,500.

£260, and the total labour, bil! The manager's salary is put at nine men at tis, per week), is reckoned at £1,100.

316, and estimated profit of £16: 10 gives each of the mea 2s. for Interest on capital is put at

very of wages.

The former, as manager, would 520 profits, in addition to his]

salary.

are a reserve fund, to meet lassen Other features in the scheme

owing to the inevitable fluctuation of profits in farming.

1 in turiber suggested that the men would be encouraged to take op a share in the capital, such shares to be sold only to the Jemployer, on the owner dying or

leaving the farm.

**It must be clearly laid down." says the scheme," that the man- ger has complete control, but it will be well to have a small com- mittee of the men, which he could consult."

CONSIGNEES.

OCEAN STEAMSHIPCO, LTD.

AND

SHIPBUILDERS. SHIP REPARERS. BOILER MAKERS.. FORGE MASTERS.

OXY-ACETYLENE AND ELECTRIC WELDERS.

MECHANICAL AND ELECTRICAL

ENGINEERS.

-DRY DOCK-

OF HONGKONG, LIMITED

TAIKOO DOCKYARD & ENGINEERING COMPANY

LENGTH 787 FEET. LENGTH OF BLOCKS 750 FEET

DEPTH ON CENTRE OF

SILL IHW.OST) 34 FT. 6 INS. --THREE SLIPWAYS~~

CAPABLE OF HANDLING SHIPS UP TO 3000 TONS DISPLACEMENT.

ELECTRIC CRANE AT SEA WALL. CAPABLE OF LIFTING 100 TONS AT 70 FEET RADIUS

Te. Anosess >--" TAMODDOCK" HORSEMA.

TELEFONE B 133

CALL PLAB: "C" ÖVER "ANK, PENNANT.”

-BUTTERFIELD & SWIRE. AGENTS,

HONGKONG, CHINA & JAPAN,

Do You Suffor.from any SKIN OR BLODD DISEASE

| Tantra berehesi on 10 előrek a roun pārse

__TME TRUK VALUKSENYr ́s Bleeck

mchaa Ezzata. Serehala. HadLag. }; impraed of ingredients which quick Absmasses. Uters, Shadulár | Lilack, overcome, and expel from the Swellings, Bails Florales, Barnen 14 kood at camperstars ( Trena se malever Comm at any kind, Pies, Blood Prison,

PROBES, KOJ ky rodemar it viess and Wheumatism. Goel, rio.7 11 zot ʼn waste your time amž mohere ton zone. kem kotama joud mange mensuprats whæð eznnot get below the inthes of the skin, of Miastore = peraided by a mega remarkable APIE VOLE WERKT BILDE KETEL 1 smetáfði umetciled wamonia de Porta BO DE PATIRAnently cured at a metheine that will Dheerathly have the kinecl »7 the porusenous matter when uke su na than 1.pram emam pë në your malering. Chris's Rio Mature we just such a meditan 15 m Gloria's Blood Mixture is pleasan lass to the most delicate unistitati

und stores,

CONSIGNEES.

TOYO KISEN KAISHA.

NOTICE TO CONSIGNEES.

A. S. TENYO MARU,"

From SAN FRANCISCO via HONOLULU, JAPAN TORTS

metal pazenia në si zhoua~ DEI PRZE † what bærer been exzed after buena avven up 5% imeongbin – patarnia when began beans Pured after TAUTILE WANN other LivatMeniş Pershenas vocors--Sar yumanistiyana mkik

to take and cœarinleed harm- net pither set. Of all shemists JEFUSE SUBSTITUTES.

CONSIGNEES.

NOTICE TO CONSIGNEES.

THE ROBERT DOLLAR CU The Steamship

cargo

Clarke's Blood Mixture

WILL CURE YOU PERMANENTLY,

CONSIGNEES.

"BEN LINE OF STEAMERS.

NOTICE TO CONSIGNEES.

From ANTWERP, MIDDLESBRO LONDON and STRAITS.

materials. Many concern- elaifu- ed a part of his allegiance, but he had been equally faithful to all and his character made bim universally respected and popular. The uses of paper were always increasing, and the paper trade was tending more and more to claim its place among the staple trades, not only of this country but of the whole Empire.

There was at prever : what was terped a paper famine, due to a real world shortage. What was happening was pregnant with meaning for these who beleved that, although we could not perhaps ever be self-sufficient in ibe British Empire. we ought to

the Archangel front by the land NOTICE TO CONSIGNEES. be able to draw much more pulp, amounting to about 790,000 reate, a distance of 400 miles, us- largely than we did on the outputtons dry weight per annum, OUT ing local sleighs, was a military ef the great Dominions beyond Colonies could supply with achievement reflecting the great- the seas. It was difficult to see, further 150,000 to 200,600 tons, esi credit on all concerned. with the increasing use of paper and it only required enterprise to Fighting took place in prer for all sorts of purpees. how the accomplish that at comparatively degrees of frost, but, despite the supply could be made up. unless small cost, which would give a Arctic conditions, the mea carried the triculacip of the feed-ichi for the investment.ut their duties magnificently, Dominion of Canada, were utiliz-It was in the paper manufactur ed to a fer greater degree. There ers' interest to supply paper at was not likely to be for many low prices, because it was out- years any effective competition put they asked for, bus it was

are hereby notified that the Car. HONOLULU, & JAPAN PORTS, the Hongkong and Kowloon informed that all Gools are being Consignees of Cargo are hereby from Germany in the puperimpossible to do this with raw

zo will be discharged into Halt's trade. The mere fact that Italy material sky high. They alone

The above named Steamer Wharf and Godown Company-landed at their risk into the had had to draw upon the West could not grapple with the ques-operation only rendered possible lie

an Wharf. Kowloon where it will having arrived. Sunday Morn- Limited and stored at consignees hazardous and for extra hazardous for its paper, instead of upon tion of raw material. Everybody through the fine work of the Cargo will be ready for delivery cargo

at Consignees risk. The ing. 16th inst. consignees of

risk,

Godowns of the Hongkong and Austria, bad contributed to the ought to help by all the means Royal Navy.

hereby are

Consignees mes: produce at Kowloon Wharf and Godown Co.. notified present scarcity and tended to in his power.

from Godown on and after 15th to

their present Except. indeed, for

Import Permit bef re bill of lading Ltd., whence and or from" the. Bill of a sharp May. Isise prices to their present level.

can be countersigned. brush with the enemy

Lading for countersignature, and

wharves delivery

be - may at the

All broken, chafed and damag-obtained. Optional cargo will be landed, take immediate delivery from et goods are to be landed in the It was "up to the leaders in the

junction of the Vaga and the unless notice has been given prior alongside steam or the Com Hongkong & Kowloon Wharf & after the Goods have lels the Co rapez-making industry to do all

Drine, owing to the failure of the to steamer's arrival

No Claims will be admitted they could to interest the whole

pany's Godowo, where all cargo Godown Co's, godowns, where downs, and all Goods remaining commercial community in the

retirement down the former rivered goods are to be left in the will be landed at consignee's risk: 214, 1930 at 2.30 p.m. by Carmi- will be subject to rent. Bussians to cover the British All broken, chafed, and damag-impeding immediate discharge they will be examined on May und livered after the 24th inst. development of our resources in

the whole delicate operation of Godowns, where they will be what was a prime necessity of

withdrawal on the several fronts examined on any Tuesdays and civilized life. It would be their

was carried outstrictly in accord. Fridays between the hours of duty soon to set themselves in

ance with the programme and 0.45 m. and noon within the downright earnest to developing

practically without incident. the paper sources of be

free storage period. Empire.

TEWSPAPERS DIFFICULTIES.

The final withdrawal of the British forces without the loss of single man also testifies to the admirable conduct of the troops, Eight thousand Bghting men were embarked simultaneously.

CHINA MUTUAL STEAM

NAVIGATION CO.LTD. Consignees per Coy's Steamer

IDOMENEUS "

after the Goods have left the No claims will be admitted steamer's Godown, and all Goods

& MANILAe

From SOUTH AMERICAN PORTS via SAN FRANCISCO,

"LAKE FARRAR“ having arrived from the above mentioned port, consignees of are hereby notified that they must take immediate deli very of came alongside, and all cargo impeding discharge will be landed at their risk and expense into the hazardous Godowns of

The :exmsbi

"BENMOUR"

Lord Ruddell, in proposing "The Chairman." described Lord Burnham 04 the of assets of the newspaper trade. the

without whom no good work went forward. With paper at the

on all cargo remaining unde- Storage will be assessed

chael & Clarke. price of 3d. a . there was a

livered after Monday, 24th inst.

All claims against the slea ver good deal of round

All claims must be presented must be presented to the Under- for the apprehensions which had been

All broken, chaled and damaged within 10 days of the steamer's signed on or before the 31st expressed by Lord Burnham and in the early operations efforts

packages will be landed into the arrival here. after which her inst-of-they will not be Mr. Cousins, He thought. how-to recruit Russians to the Allied

will be examined on Inesday after the goods have left the aged Coods are to be left in the Company's Godowns, where they

cannot be recognised.

No Claims will be admitted

recognised. For years to come there was ever, that the people who ought force met with smali success. The

25th inst. at 11 8.0..

All broken, chafed and dam- likely to be a stringency which to be apprehensive were rather attraction of the Red Guards. remaining undelivered after the would rear more prejudicially their customers. (Laughter.) with no work, no discipline, good 21st Mag. will

No Claims will be recognised 50 own, and all goods remaining Godo vas, where they will be on the whole of our national life. There were very few papers food, and good pay, were infinite-to reat..

subject after the goods have left the undelivered after May 24th, will examined on the 24th inst. at No newspaper man could look with

steamer or Godown, and none be subject to rent. large circulation greater than anything the All Claims against the Steamer will be entertained if presented will be effected.

No Fire Insurance whatever without a good deal of fear at the as the present lime which British General was able to offer.must be presented to the under-ster than three weeks ali95- coming years, which were liselere carrying or business at Daring a local rist inwever, the signed to be ore the head

“Consignees are to prove almost to heavy for proht. He meant that they were Lommissary of the Red Guard, in June, or

arrival of stdametr they

not be smaller peuple to bear, and which not carrying on business at a danger of being murdered by his recognised. might mean the end of mang profit if they debited their paper own ren, was only saved by in-

will be effected. No Fire Insurance will be publications that bad had an un-at the current price of 54d. alb. tervention of our troops He effected. doubted value as contributing to That was a serious matter. He promptly enlisted to ensure bis the efficiency and knowledge of sometimes doubted whether they own safety, and started to obtain

BUTTERFIELD & SWIRE

Agents. the people, and night seriously were entitled to give the public Iother recruits.

Hongkong, 15th May, 1920.

FRECKLES AND HIS FRIENDS

will

He Has a New Process!

10a.m.

No Fire Insurance has been

Bills of Exting will be counter-

No Fire Insurance whatever. send in their bills of lading for gigned by

Y. TSUTSEMI.

Manager. Hongkong. 17th May, 1920,

countersignature.

THE ROBERT DOLLAR CO,

Operator, U.S. Shipping Board Hongkong. 18th May, 1920.

BY BLOSSER

GIBB, LIVINGSTOM & CO. Agents.

Hongkong. 17th May, 1920.

BREAD

SAY! WHATS TH

"AZTIEZ WII"YOU%

WUY DYA EAT

LIKE THAT

FOR?

TREAD

TA MARIA SANDWICHES

14 MAY STUAMIK

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