1921-05-17 — Page 2

Hongkong Telegraph 港電新報 士蔑新聞 All

#

2

NOTICE.

EXPANDED METAL

POR PLASTER WORK AND RE-CEFORGED OUNGRETE QDESTRUCTION

AS

USED IN

NUMEROUS

IMPORTANT

WORKS

IN

FOR

FLOOR,

ROOF.

FOUNDATION.

WALL,

ETC.

CREAT BRITAIN and AMERICA. BOOK LIST, PANPKLETS, AND PRICES ON APPLICATFOR. Quations for description of Massinery or Magiswering Plans on application so DODWELL & CO. LTD., Machinery Dept.

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 PAMPHLET AND FULL PARTICULARS TO

DODWELL & CO. LTD. Agente.

TSANG FOOK PIANO CO.,

MAKERS, EXPERT TUNERS & REPAIRERS.

Telephone 2127. 94a. Wanchai Road.

E. HING & CO.

SHIPBUILDING MATERIALS, SHIPOHANDLERS AND

25, WING WOO ST CENTRAL,

HARDWARE MERCHANTS,

'PHONE NO. 1116.

PUBLISHED ANNUALLY.

THE

LONDON DIRECTORY,

with Provinein) & Foreign Reclinok,

'enskizo traders to communicate direct wi

ĮMANUFACTURERS & DEALERS.

to Landum, and in the Provinciel Towns auch Industrial Centres of the United Kingdom mark tha Continent.

of Europa, The path, addresses matz tiber detsite are clawn Bed nadžer more than 2,000 trade bradinge, including

RXPORT MERCHANTS

with detailed partiesfarned then Gucify ship peil and the Colonint and Foreign Markets applied.

STEAMSHIP LINES

arragged under the Porte to which they met, Mod indicating the approaimate Railings

One-buss FUSINESS CARDS of Firian desiring 30 Caders conatutums, or Tradet mida ning

PLERS BEEKING AGENCIES

cual coet of £1. 10. Dd for each trade masing under which they are innerfed, Larger adveziakumeat, from 2 to £16.

& copy of the directing will be sent by parcel ́port for fa, pets conà with under

THE LONOOM DIRECTORY, CO., LTD.

15, atebuzele Luke, London, E. C. 4. Euglen

BUBINEDA ESTABLISHED IN 1814.

New Consignment of

"KODAKS"

Just unpacked to-day Inspection Cordially Invited. A. TACK & Co. 26, Des Voeux Road, Central.

KODAKS.

and

GENERAL PHOTOZ SUPPLIES JUST ARRIVED

MEE CHEUNG PHOTOGRAPHER

Ice House Street.

MASSAGE HAL'

23, FLOWER STREET,

MR. T. TAKAYE,

MRS. MORITA, CERTIFICATES MASSEURS. PAVERNER PREATED IN Tuzia Own Blumen

DEFINED.

METALS

of all kinds, especially for ship building and engineering works. Complete stock, Best terma. Immeriate delivery.

SINGON & CO.,

(Established A. D 1880.) HING LUNG 87, Phone $15

GREEN IST AND CEMENT COMPANY, LIMITED.

PORTLAND CEMENT.

In Casks of 375 tbs, net.

In Bags of 250 lbs, net.

SHEWAN, TOMES & CO.

General Managers. Hongkong.

MARTIN'S PIOL & STEEL

for Ladies PILLS

A Frenak Remedy for all trregularities. Thousands of Ladrer always keep a box of Martin's Pitts in the line, so that on the Best In of way leegularity of → the Bystems timely dear may be ad. ministered. Thome s

ewhose them room- tarpd them, hence their eporinoita kale. All Chest and lures sell them throughout the World, or post tren 5/-, MARTIN, Chemist, Southampton, Eag.

MARTIN'S

PIOL & STEEL

Afor Ladles PILLS

SAVARESSES

SANTAL CAPSULES

PHYSICIANS RECOMMEND THEM do

Mushi in Lancion.

THE HONGKONG TELEGRAPH.

HAVANA CIGARS.

Trade Wiped Out by Arbitrary

Tax.

MR. FARROW'S ASSURANCES.

TUESDAY, MAY 17, 1921.

"Assets to Satisfy Claims of all in Full, Provided—-”

A crisis has arison in the tobacco, trade which has a directi

Mr. Farrow, in a letter to Mr bearing on the forthcoming Bud- G. W. Eayres-honorary secret- get states a writer in a Homeary of the London Association of journal.

Depositors in Farrow's Bank- Some £60,000,000 of British which was read at a meetion of capital is invested in Cuba, and depositors at Whitefield's Taber- Cuba importà more English goods nacle last month, makes a state- than any of the South American ment regarding the bank's atatea with the single exception assets.

of the Argentine. The dominant "Certain assets of the bank," industrial factor is the cigar trade. he says, "represent, and have In the financial year 1919-1920, siway? represented, a sufficient the war duty of 15s. 7d. per value to satisfy the claims of all pound on imported Havann parties in full. provided, of course, cigars produced £800,000 of re- that such assets were not sacri- venue. The Chancellor of the iced, but realised in proper Exchequer placed an additional manner, and that they were not ad valorem duty of 50 per cent, depleted by heavy accountancy, on all imported cigars. This, legal, banking, clerical, and with the previous duty actually other charges." amounte, to a 90 per cent, impost He adds that he will have) It was estimated from this that another opportunity of suggesting

a revenue would accrue of a method for finding the neceR- £1.350,000 for the financial rear sary funds to accomplish the 1920-1921. The highest expert object which the depositiore estimate now awards £350,000. have in view and also for This is clearly working at a loss the reconconstruction of the bank to the British Trosaury, remarks itself. the National Union of Retail Tobacconists.

SUGGESTIONS FOR DEPOSITORS.

Note the effect of this practic Mr.G.W. Eayres, hon secretary ally prohibitive duty on trade con- of the London Association of ditions in this country. While Depositors, put before the mee- for the last six months of 1919]ting a series of suggestions on 42,00,000 Havana cigars were the assumption that reconstruc- imported into this country, the tion was reasonably considered total for the last six months of feasible.

1920 was only 2,000,000, and the One of the things which he greater portion of con- said would suggest depositors signments were in fulfillment of and account holders should agree old contracts,

to would be to leave their moneys The normal annual export from as they stood; next, that Cuba of cigars for this country these deposit rs and account alone may be put a 65,000,000. | holdere, who numbered between and it is no exaggeration to say sixty thousand and Beventy that this important trade has thousand, glould agree to practically heen wiped out by an contribute in the following arbitrary measure which has proportions :-Deposit r with caused much distress and has £100 contribute £1: those with failed to benefit anybody.

up to £300 contribute £2; those with £300 contribute £3; those with £1000 contribute £4; those with £2000 contribute £7; and those depositors above £2000 contribute £10.

A

were

CUBAN REPRISAL PROPOSED. The situation in Cuba is very grave. The cigar factories have been largely closed down and in Havana alone 50,000 workers are at present unemployed. At o

Contributions at that rate from time when any development the whole of the depositors and which must add to the economic account holders would produce difficulties of Great Britain Lan

fund of somewhere about only be regarded with dismay, it £350,000. They, of course, did must nevertheless be pointed out not know what, was the cash in that general trade between Cuba and at the time of the failure, has almost reached a standstill, and but the shareholders were now that in exasperation at the events being called upon to pay on their of the past year

shares, and the amount might the Cuban Legislature is contemplating the

from another fund if it passage of a measure placing a utilised to increase the assets at duty of 40 per cent, on all pre-

the bank, ducts imported from Great Britain. In view of the trade disturbance, caused by these events it is urged in many responsible quarters, saye. the National Union Tobacconists, that the 50 per cent. ad valorem duty on imported Havana cigars which has had so disastrous an effect should be re- moved in the forthcoming budget, The sale of Havana cigars is one of our principal means

After some questions and gener- livelihood. If we cannot sell al discussion, the meeting nomiat-

Plender cigare, says the Union, we must ed Sir William needs press for an increased price liquidator, and appointed the for tobacco so that the question proposed Committee of Inspection, concerns millions of people in the these nominations to be submitted United Kingdom. It is not only

the meeting called by the

of

of

He would be glad hear that thei Government were desirous of rendering aid they had it in their power to give. (Cheers.) The Govenment could vote millions) for various purposes, but if they only voted one hundred thousand pounds to the purpose which be was now suggesting, it could, with judicious management, produce great good.

cigar-smokers who are concerned Official Receiver.

but pipe-smokers also.

In view of the above it is well!

to learn that the tax imposed last,

as

year has been abandoned in the CHINESE ADVISORY BODY, new Budget.]

LONDON ACCOUNTANT'S 38 YEARS' SERVICE.

Hongkong and Shanghai Bank Presentation.

A pleasing function took place

NEW BATHROOM FITTINGS recently at the London office of

JUST RECEIVED.

White porcelain

with nickel plated fittings,

C. E. WARKEN & Co. Ltd. 30-32 Des Voeux Rd.

Nominees Approved by Consular Body.

The Chinese press at Shanghai announced, with evident satisfac- tion, that the Consular Body has

approved of the appointment of five Chinese advisors to the Municipal Council and thatevery- thing having been completely settled, these gentlemen will be- the Hongkong and Shanghai gin their duties forthwith. Bank. The whole of the staffi It is stated that the names of assembled in the Bank hall to nominees were subject to the veto, bid an official good-bye to the of the Consular Body, and the. London accountant, Mr. W. M. voto not being exercised, the A well appointed bathroom office in 1882 and served in visors to attend its next meeting. Blackie, who joined the London Council has invited the five Ad- adde greatly to the comfort of various capacities until he was The five advisors are: Mr, Sung your home.

appointed sub-accountant in 1905. Han-chang, Mr. David Z. T. Yui, That post he held until 1911, Mr. H. Y. Moh, Mr. K. P. Chen, when he was promoted to be and Mr. Y. S. Ziar. senior accountant. In the cir Mr. Sung Han-chang, manager cumstances it was thought fit of the Bank of China, is a pro- ting that Mr. Blackio should minent bunker and president of take away some souvenir from the Chinese Bankers' Association. his colleagues, and as his suc. He was formerly connected with cessor, Mr. A. Moncur, romarked the Chinese Telegraph Administr- nothing could be more appropriate Ministry of Finance. Mr. David opening the proceedings, ation, the Postal Service, and than that the presentation of the Yui, general secretary of the souvenir should be made by the Chinese Y. M. C. A. National chief London manager, Si Committee, has been prominently Clean, Delicious & Appetising, asked Sir Charles in the name of Moh is well known in commercial Charles Addis, and be, therefore engaged in educational work. Mr. Once Tried Always Asked For.

the London staff to hand to Mr. eirglas,and am expert in cotton and European Menus a la corte at

Blackle abeque to which all banking. Mr. E. P. Oben is also a All Hours. Teus, Ice Cream, had subscribed. In making the banking specialist and one of the

Cold Drinke, Cakes, etc.,

presentation, Sir Charles remark promoters of the Kiangsu Bank Special Dining Room for dinnered upon the fidelity, loyalty, and and the Shanghai Commercial | parties, accommodating 40 per-signal ability with which the and Savings Bank, while Mr. sons, with Drawing Room at recipient had served the Bank for Ziar is A leading Chinese tached.

a period of 381⁄2 years.

LTD.

ON LOK YUEN GO,

THE POPULAR CAFE. 27-35 Dex Vaux Road, Central

First Floor,

LÀ HUNG CHANG CHOP SUEY

at all hours.

10

barrister.

SATISFY!

-what the deuce does that mean?

It means that NEW thing in a cigarette, that does for your smoke-hunger exactly what a drink of cold water does for your thirst!

A cigarette must do more than please the taste-Chesterfields do They let you know you are smoking-they SATISFY.

And the reason is that Chesterfields have body. The finer, silkier leaves of TURKISH have been properly blended with several varieties of the best AMERICAN tobaccoF, famous for their full-bodied flavor. -

SATISFACTION is something that no cigarette, except Chesterfielda, can give you- regardless of price. Because no cigarette maker can copy the Chesterfield blend.

Ask your dealer for Chesterfields.

Liggettvillyers Tobacco Cos

Chesterfield

20 for

20 cts.

CIGARETTES

of Turkish fand American tobaccos – blended

This is the packag with the moisture-proof jacket that keeps Chester

field's original freshness and flavor intact.

They SATISFY!

CHEAP SALE

OF

UP-TO-DATE AND ARTISTIC

LIGHTING FIXTURES.

COME EARLY

SO AS NOT TO BE

DISAPPOINTED.

UNION ENGINEERING

CO., LTD.

13, CHATER ROAD.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.