THE HONGKONG TELEGRAPH.
·THURSDAY, MAY 26, 1921.
W. S. BAILEY EXPORT AND. EXCHANGE.
THE BLUE FUNNEL LINE
REGULAR AND FAST FREIGHT AND PASSENGER SERVICES.
LONDON
SERVICE
(Direct)
London, Rotterdam & Hamburg London, Amsterdam & Antwerp London, Rotterdam & Hamburg London, Amsterdam. & Antwerp
SERVICE
13th June MACHAON" ANCHISES "* 21st June "LAOMEDON" 11th July "' MENTOR" 19th July
LIVERPOOL
"HECTOR" **EURYADES"
* OANPA "
(Direct or via Continental Parts)
1st June Liverpool & Glasgow
9th June Genos, M'lles, L'pool & G'gow 17th June Marseilles, Havro & Liverpool
SERVICE
PACIFIC
(via Kobe and Yokohama) ***TEUCER"
25th May "TALTHYBIUS" 15th June "TYNDAREUS" 6th July
NEW
Victoria, Seattle & Vancouver
YORK SERVICE (via Suez or Panama)
1st June,
"KNIGHT COMPANION "
via Panama
HOMEWARD PASSENGER SERVICE
"ANCHISES" MENTOR"
21st June
19th July
for London for London
For Freight and all Information Apply to
BUTTERFIELD & SWIRE
CONSIGNEES.
NOTICE TO CONSIGNEES.
THE ADMIRAL LINE. The Steamship
ABERCOS" having arrived from Portland, Ore. vía ports, on 24th inst., consignees are hereby notified that their cargo is being landed at their risk into the Hazardous and or Extra-Hazardous Godowns of
AGENTS.
CONSIGNEES.
NOTICE TO CONSIGNEES.
"GLEN" LINE OF STEAMERS, LIMITED.
From UNITED KINGDOM, & STRAITS. The Motor Vessel
"GLENOGLE"
The Hon Shan Godown Co., having arrived from the above 16 & 17 Kennedy Town Fraya, ports, Consignees of Cargo by her Hongkong, and stored at con- are heroby informed that all goods are being landed at their signes's risk.
Consignees of cargo must pro-risk into the hazardous and/or duce an Import permit signed by extra hazardous Godowns of the the Superintendent of Imports Hongkong and Kowloon Wharf and Exports, Hongkong, before and Godown Company, Limited, Bills of Lading will be counter whence, and/or from the wharves,
Idelivery may be obtained, signed.
All broken, chafed and damaged cargo is to be left in the Godowns where it will be examined at 10 a.m. on 28th inst. by the Co'a Surveyors, Messrs. Goddard and Douglas.
Goods not cleared by the 27th inst., at 5 p.m. wili bo subject to
rent.
All broken, chafed and danı aged packages are to be left in All claims must be presented the Godowns where they will bo within thirty days of the steamer's examined by Mosere. Goddard arrival here, after which they& Douglas, on 27th instant at cannot be recognized. No claim 10 .ID. Clains against the will be recognized after the goods steamier must be presented on the have left the Gedowns, and cargo special form provided and must undelivered on and after 30th also be submitted within 30 inst. will be subject to rent. days of arrival otherwise they
will not be recognized.
No fire insuranes whatever will be effected.
Consignees are requested to sond in their Bills of Lading for countersignature immediately.
PACIFIC SS. CO., United States Shipping Board, Emergency Floot Corporation. Managing Agents.
The Admiral Line. 5th Floor Hotel Mansions. Hongkong. 24th May, 1921.
**DURBANIUM" RANGES
BUITABLE FOR HOTELS,
LAUNDRY STOVES
LATEST STYLE,
Can be seen at:--
C. E. WARREN & Co. Ltd.
Established 1900, 30-32 Des Voeux RP
No Firo lusurance will bo offected in any case whatever.
Bille of Lading will be counter- signed by
JARDINE, MATHESON
& CO., LTD.,
Agonts. Hongkong, 20th May, 1921.
HIMRODS
Gives Instant Reliéf No matter what your respiratory erges may be safering from-whether ASTHMA, INFLUENZA, NASAL CATARRH, OR ORDINARY COUGH,
-you will end in this famous remedy restorative power that is simply unequalled.
FAMED FOR 50 YEARS old in time by at hentials and Stores Sthroughunt the Country.
BEWARN OF IMITATIONS.
CURE FOR ASTHMA
& CO., LTD
ENGINEERS & SHIP- BUILDERS, HOK UN KOWLOON. HARBOUR REPAIRS Call Flag "1"
Sole Agents for "KELVIN MOTORS." Motors from 12 B.H.P. to 50 B.H.P. now in stock also spare parts.
Works
Tel. K.21
K.633. K369.
+1
Malinger... Becratary Harbour Engineots,, K.604 &
K.622. Telegrams "SEYBOURNE,”
CONSIGNEES.
NOTICE TO CONSIGNEES.
OSAKA SHOSEN KAISHA.
From YOKOHAMA, via KOBE,
DAIREN & SHANGHAL The Company's Steamship
Change in Marketing Conditions.
By the Hon. F. G. Kellaway, M.P, of the Overseas Trade Department.l
One of the chief difficulties fxc- ing our exporters to-day, difficul- ties which appear likely to obtain for some time to come, is the in- stability of the currenoles of many of the countries with which wo formerly did big business, while, in others, the depreciation of our own currency 18 having its effect.
In pre-war days the question of oxchange presented little or no He difficulty to the exporter. know, for instance, that in trad- ing with the United States he could reckon with safety upon the pound sterling being worth about 4.86 dollars American money, in France it was worth about 25.2214 france; in Germany 20.43 marks, and so on.
Thus, there were from time to time fluctuations in the actual. market values of those currencies, out these movements were within vory moderate and quite normal ranges, and the allowance of a | small margin to cover any sick normal movement WAS quite sufficient precaution to ensura cover against the possibility of any loss..
The inner meaning and theory of oxchanges were understood by exporters-nor. in the few circumstances, did they need to study this question. The fact that exchange entered into the question of export trade, speaking broadly, gave no more difficulty to the exporter than in putting through a transaction where sterling was the medium through-
"SUMATRA MARU” having arrived from the above ports, Consignees of Cargo are hereby notified that their goods are being landed and placed at their risk in the Hongkong and Kowloon Wharf and Godown Company's Godowns at Kowloon, where delivery can be obtained as soon as the goode are landed.
Goods not cleared by the 31st May, 1921 will be subject to rent. left in the Godowns for examina-out.
Darraged packages must be
tion by the Cor signess" re presentative and the Company's A further very pronounced Surveyors, Moasry, Goddard and difficulty which entere into export Douglas, at 10 am. on Wednes-business even where the question lay and Saturday. All Claims of exchanges does not arise or is must be presented within Ten of no special magnitude, is that of days of the steamer's arrival hete, keeping au fait. with the very after which date they cannot be radical changes which have taken recognized. No claim will be place in practically every market admitted after the goods have of the world, since the effects of left the Godowns,
the war first began to be felt.
Before the war long experience with those markets in which the exporter
No fire insurance whatever will be effected,
Consignees are requested to sond in their Bill of Lading for countersignatures immediately. OSAKA SHOSEN KAISHA,
Y. YASUDA,
Manager. Hongkong, 25th May, 1921.
CHANGING MARKETS.
was interested had taught him the tastes of bis customers, the usual methods of doing business, terms of payment, and credit. He had his normal business channels for gaining in- formation of this nature, And as conditions in most of the import. ant markets were more or less constant from year to year, or UNCLAIMED TELEGRAMS, changed only upon lines which
were normal and could more or less be foreseen, such channels THE GREAT NORTHERN TELF- proved quite sufficient to keep
GRAPH COMPANY, LTD.
him up to date in the informa- The following Unclaimed Tele-tion gained through years of grams are lying here:→
Philaabank, from Shanghai. Thomas Swire, from Peking. Captain Purkins, Hongkong |Hotel, from Shanghai..
Lewisnorma, from Shanghai, Poindexter Steamship Bacoi Statesbank. from Hankow.
Tr Laaman from Wadi wostock. Paris Hiatt, Hongkong Hotel, from Shanghai.
Bone, from Shanghai. Jeyukatunekichi efo Yoshioka Hotel, from Tokio.
Yountitfoo Great Eastern Hotel, from Shanghai.
Ngochowfu Deinghunghwokse Soyien Street, from Tokio.
Manshunlung 17 Wingwo Street, from Yokohama,
Tangmingkeng Tukee, from Shanghai.
Wongeueleung 95 Queen Road,
from Kobe.
Yunghoho, from Yinkow. 3010, from 3hanghai. Luchungban, 41 Cain Road, from Shanghai,
TH. KRING. Superintendent. Hongkong, May 19, 1921.
FRECKLES AND HIS FRIENDS
experience.
At the present time, however, such is not the case. During the five years of war and the two and. a half years since the war ended, almost evory factor of the char- acter has been radically altered.
In the first place, the introduc- tion of goods from other than the
SHIPBUILDERS. SHIP REPAIRERS.
BOILER MAKERS. FORGE MASTERS.
OXY-ACETYLENE AND ELECTRIC WELDERS.
MECHANICAL AND ELECTRICAL
OF HONGKONG, LIMITED
TAIKOO DOCKYARD & ENGINEERING COMPANY
ENGINEERS.
-DRY DOCK-
LENGTH 787 FEET.
LENGTH ON BLOCKS 780 FEET
DEPTH ON CENTRE OF
SILL (H.W.O.S.T.) 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
TEL ADDRESS:-" TAIKOODOCK" HONGKONG,
TELEPHONE NO. 212
CALL FLAG: "C" OVER "ANS, PENNANT,"
usual sources of supply, and it necessary to
BUTTERFIELD & SWIRE, AGENTS,
HONGKONG, CHINA & JAPAN.
CHEAP
OF
SALE
UP-TO-DATE AND ARTISTIC
LIGHTING FIXTURES.
COME EARLY
SO AS NOT TO BE
DISAPPOINTED.
UNION ENGINEERING
CO., LTD.
13, CHATER ROAD.
commence seriously embarrassed than our-measure and nature of competition other causes, bave resulted, in all over again the study of selves and which upon the cessa- which British exporters must be very many instances, in the markets which prior to the war tion of hostilities were much prepared to meet, has, in many tastes of the buying public having they knew practically as well as more favourably placed with cases, grown beyond anything undergone marked changes. the home market. Old business regard to export trade than was previously experienced. Goods formerly in vogue are no connections through which. pro- this country. There are many In conclusion, it cannot be too longer in demand, but have been hably, they were accustomed to cases where countries, formerly strongly emphasised that this superseded in popularity by receive reliable information have large importers of certain goods, country more, perhaps, than any newer descriptions. The dis been severed and new connections are now manufacturing them other of the major commercial organisation of the world's cur-have to be formed,
selves, and the bome product is countries, is dependent upon its roncios, besides affecting ex. Traders entering upon export competing strongly with import-export trade for its prosperity- changes, has brought about business for the first time are ed goods, or of countries having nay, more, for its very existence, revisions in methode of payment, face with unexpected difficulties, taken up the manufacture for and that in this present period and in the length of credits allow and are at a loss to secure reli-export of goods in which they of quietude every posible pre- made for ed and the terms upon which able and unbiased advice as to formerly did little or no export
paration should be business. they are arranged.
the struggle for overseas markets bow best to proceed.
Thus is becomes evident that which is bound to follow & There are, for instance coun-
of commercial In brief, even old-established tries which, during the war, not only have general market con-resumption and experienced exporter find were
considerably lees ditions changed but also that the activity.
UNEXPECTED DIFFICULTIES.
very
BY BLOSSER.
GEE, ALEK *.”
I HODE MY STILES
COME OUT AS
NICE AS
YOURS,
YEAH-ZIN'T THEY DAISTES, THOUGH?
WELL, COME ON OVER
WHEN VA GET 'EM DONE.
VES, I WELL.
That Goat Is a Practical Joker
T
"THAT
SOUNDS LIKE
ALER!
HEYHEY HELP
FRECKLES
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