(By Associated PrcsR)
LONDON, July 10. — When the
war began nearly thirty per cent of
the trade of Hong Kong, excluding
Chinese native trade, was in the
hands of Germans whose business me
thods were considered by many to be
most progressive ami worthy of emu
lation. It now appears from the in
vestigation of enemy firms that the
methods employed by the Teutons
were, despite the great volume oi
trade, unsound and unprofitable, ac
cording to the periodical Truth, which
publishes an article bnsed on a book
just written by Donnies K. Moss, a
man of long experience In Chinese
trade, and one of the liquidators ol
enemy firms in Hong Kong.
"The knowledge gained from the
liquidations is summed up by Mr
Moss as being, mainly, ‘a more com
plete knowledge of how not to do bust
ness,’" says Truth. “Instead of the
valuable lessons in trading methods
which some people expected, the mer
chants and accountants in charge ot
the windings up discovered practically
nothing but evidence — unmistakable,
conclusive evidence — of the un
soundness and unprofitableness of the
lines on which the Germans did busi
ness. Nearly thirty per cent of the
trade of Hong Kong (excluding Chi
nese native trade) was in their hands,
but they did not make one-twentieth
of the profits of the British—indeed,
more than one British firm there
makes for itself net profits equal to
those of all the German firms lumped
together. The great aim of the lat
ter was to have a big turnover, no mat
ter whether there was any profit or
not.
“As an instance of this on the export
side, one firm had built up a turnover
of $4,000,000 a year in silk, but only
covered the cost of running the de
partment. All engaged in cut throat
competition, not merely against Brit
ish rivals, but against one another,
and even in the handling of their own
German and Austrian manufactures
In the main, however, the goods they
sold to the Chinese — giving danger
ously long credits — consisted of
Manchester and Bradford goods, for
though the plums of that trade in
I _ _
Hong Kong were retained by British]
firms, thp Germans had captured a;
substantial portion of It by taking
business- as their books showed—on
miserably Inadequate terms, some
times even at a loss. This had tem
porarily benefited Manchester and
Bradford merchants, but 'many of the
enemy firms were getting deeper and
deeper Into a state of such chronic
overtrading that very little would
have been needed to upset the whole
fabric and bring about n crash which
would have seriously injured British
mercantile and banking interests.
‘‘It is not at all surprising to learn
that German firms at Hong Kong ad
ded dishonesty to their recklessness
in trading. The winding-up inquiries
disclosed the fact that the bulk of
their business was actually done on
capital borrowed on what were vir
tually false pretenses from London
financial houses. Nor is it surprising
to loam that merchants who treated
their ‘own letters of lien' as so many
scraps of paper, deliberately violated
the conditions under which they were
allowed to continue business in Hong
Kong for two or three months after
the outbreak of the war.”
The periodical says that Mr. Moss
certainly shows that the methods of
German traders "are for the most part
methods to be avoided," and adds, in
cinclusion:
"And Hong Kong is not the first
place from which we have had proofs
that German commerce, about the
growth of which we used to hear so
much, rested on a very unstable foun
datlon.”
-♦
FOR SALE.
Monarch range, six-hole, with coils
and extra five-gallon tank; for sale
cheap if bought at once. Kendrick.
♦
Automobiles are so numerous In
Juneau that they have become a mil
sance. They rush in such numbers
to the dock when steamers arrive that
complaints are being made against
this annoying practice.
-♦
A party of forest service men will
spend the summer in the region of
Shrimp bay and Traitor cove in south
eastern Alaska for the purpose of
cruising the timber in that section
in connection with the application of
a large body of timber owners there
for the erection of a large pulp mill.
-♦
Mrs. W. L. Spear of Skagway has
an apple tree on her premises which
was recently loaded with blossoms
The tree is between 12 and 14 feet
WELSH IS STILL
CUIll HE IS
(By Associated Press)
SAN FRANCISCO, July 10. — Fol
lowers of boxing in California were
Interc led In the report that Freddie
Welsh former lightweight champion,
still was claiming the title by advanc
ing tho technicality that he was not
counted out by tho referee when de
feated recently by Benny Leonard.
The great battle between Ad'Wolgast
nnd 1 ittllng Nelson was recalled,
when ;ho former won the title from
the l> ne in the forty-third round of
what was scheduled as a forty-five
round match. Nelson, battered Mid
bleeding, was fighting blindly through
sheer instinct and the bout was stop
ped before the inevitable knockout.
Boxing men point out that the techni
cality Welsh Is said to be advancing
would be a boomerang on himself,
for if he did not lose the title, neither
did N- son. and so the title could not
have descended to hitn.
"Wo will have a football team at the
Orego Agricultural College next fall,
even l. we have to fill some of the po
sition with women,” said J. A. Pipal,
head i oach of the college, recently.
Althoi )i Pipal laughed when he men
tioned the women as gridiron stars.
In* Indicated that he meant what he
said w ten he declared there would be
an At in team this year.
The \ggies are more fortunate than
the University of Oregon in that sev
eral of last year's team hope to re
turn t i school, while all the Oregon
team lias been called to the colors
Dick Williams, alternate guard last
year. Captain Newman and former
Captal.i ITissett. Bakerfield men, are
planni g to return if not drafted.
Sec< ad baseman Cooney, of Omaha,
won I- r himself a place in the bas»
ball h 11 of fame in a recent Sunday
game .ith Denver by making one of
those .arest of baseball records — a
triple , lay unassisted. In the history
of orp uized baseball only eight others
have v on for themselves that distinc
lion f on the time Paul Hines staged
the iiiitial triple performance on the
old Pmvidence team on May 8, 1878,
to the present time.
mm a mnMMBM
[ Cooney’s was the first triple play
unassisted ever made In the Western
league. It happened In the sixth ln
.ilng. Hartman heat out an Inflnld
hit and Kelleher and Oakes singled.
Butcher hit a hot one through the
box. which O’Toole, Omaha twirier,
fumbled and Hartman scored. McCor
mlck was next up and slammed a liner 1
to Cooney, who was standing Just off
second base, it looked a sure hit.
Butcher on first was off for second
like a shot, and Oakes on second sped
for third. Cooney grabbed thq ball
on I'ne fly and McCormick was out.
Cooney touched second base and
Oakes was out, and tagged Butcher
for the third putout.
The last time a triple play unassist
ed was recorded, according to recog
nlzed baseball records, was In t!H2,
when two were made. Roy Aiken, of
the Waco team In the Texas league,
and J. Foreman of the Kankakee team
in the Illinois Missouri league achieved
that distinction.
For some unknown reason. Oliver
Millard, the great Pacific coast and
Olympic club long distance runner,
constantly is referred to as "having
run his last race.” After placing sec
ond to Hannes Kohlemalnen In the
Panama-Pacific International Exposi
tion, Marathon run In 1915. It was
stated that Millard had probably run
his last race. After every race since
that time the probable exit of the
Olympian from competition has been
heralded. Millard says nothing, but
has bobbed up na an entrant In almost
every race of Importance since tliut
time, and usually has run off with
the first honors. He Is now figuring
on entering the annual Dipsea event
over in Marin county, which Is con
sidered one of the mos trying modi
fied Marathon courses in the world.
-»
FOR SAKE—16ft. dory, $30.00, In
quire Cordova Contracting Co. opp
osite (lames Tailor Shop. Second St.
PERSONAL GOSSIP ABOUT
WELL KNOWN PEOPLE
9
The cutter Unalagn will leave Val
le* on Thursday to register the west
ward cannery employee*. The Orca,
'anoe Pass, Carlisle and Stevens
:reek canneries, ns well as the real
lent* of Ryak and Allen will register
vlth Dr. W. H. Chase and Commts
doner R. F. Medley.
The funeral of the Into Jnmes Orady
look place this aftermsin and was
argely attended by his former nsso
•lates In the Copper lllvcr & North
western railroad shops. Services
were conducted at Rambert’s under
aklng parlors by Kev. R. P. Ziegler.
The sailing of the steamer Jefferson
rrotn Seattle, scheduled for July 19,
tins been cancelled, and she will not
leave there until July 3R
FOR SALE.
1 complete sawmill outfit with plan
era (Russell & Co.) 11-13. Nominal
h. p. 35. Indicated h. p. 77.
Circular saws and other materials
1 new Willamette donkey engine.
8 1-2 by 10.
1 slightly used Willamette donkey
j engine. 7 1-4 by 10.
2 slightly used Florry donkey en
! gines, 7-10.
For further Information write or
| wire
i AI-ASKA ANTHRACITE RY. CO.
j Per Geo. Nelson.
The Merchant who fails to
:: ADVERTISE:: j
will in time cease
to exist. :
:: THE DAILY TIMES I
WILL GET THE BUSINESS
CLASSIFIED ADVS.
LOST—Copper River Packing Com
pany check for $26.24, between the
Windsor hotel and hank last week.
Finder please return to Times and
received reward.
WANTED—Two girls want work, by
hour or day. Apply Times. 8 3t
WANTED—Girl to help with general
housework; also care of children.
Apply to Mrs. W. W. Council. tf
FOR SALE — Ford, In good running
order; five good tires, enquire at
Alaskan Hotel. 29-6t
WANTED — Woman wants position
cooking for small camp crew. Ap
ply Times office. 6-3t
WANTED—Maid for family of two.
Apply to Dally Times.
Northwest ♦
Soda Works l
Manufacturers and ♦
Bottlers t
Soda Water, all Flavors, ♦
Gingerale, +
Root Beer, ♦
Coco Cola. •
Mail Orders Given Prompt ♦
Attention. ♦
Cordova, Alaska. *
—---LL . ■■"■"■■Ff
M. C Thomp#*** H. C. Murphy
The MECCA
Thompson A Murphy, Prop*
Detier* in
WINES, LIQUORS AND
CIGARS
Phone 1*7.
» SPECIAL SALE! «
FOR THIS WEEK WILL CONTINUE AS FOLLOWS:
20 per cent. OFF ON READY-TO-WEAR
20 per cent. OFF ON SILK UNDERWEAR
20 per cent. OFF ON ALL MILLINERY
Alterations and Dress Making in Our Own Shop
The CORDOVA STYLE SHOP
I NORTHERN HOTEL BLOCK “COURTESY AND QUALITY” (OUR MOTTO)
■■■■■■■■■■■■■■■■■■■■■■■■■(■■■■■I
The Red Cross I
"JOIN” "JOIN” "JOIN"
I |
i
Somewhere in France they are FKiHTINIj for \OV right non.
Wherever humanity calls, the RED CROSS a /ires. It is the I,
great servant of suffering, the friend of misery,the nurse of wot, *
It is imperial in its ministrations - its emblem sacred - wherever *
civilization still stands. 0 0 0 0 0 0 0 *
I I ♦
DO YOUR PART CORDOVA \
(The Eed Cross Is Indebted to the Bluiu, O 'NoiU Co lor tin Uw ot This s.p.vot )
[*
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I
Empress Theatre
H KA KMT PATHK NKWH
KI<HIK .IAN(H, liifi'Minlitiiuil Him-, in
“Nearly a Lady”
Writli n Iiy Il«TH<*ir.
~ ' **
K _ ■
I " ----- .
Your Dress, I
vour Hat / %
Your Shoes
Every woman of refined l»
taste cherlnhe# ami limlnla £ V
upon bountiful ft i ohhum and Jr* \
|:j: hutu the styled of the Union. r* J
The Htylo effect or theae two p
important apiuilntmenta, how p ^ yj^M
ever, Ih wonderfully Influ- P~' f J I
ig enced liy the ahoi-a which ac- ^ J ^
'j. company them. f
1 i
| UTZ & DUNN CO. 1
y*. ^ > y\
Style Shoes of (Quality
•X ;X
Accentuate the grace and artIhIIcochh or hat ami gown to
an extreme degree Their atyle la carefully originated hy
clever designers to harmonize perfectly with the vogue lu %
drer.a and millinery. Their line# and correct fit give Ho ^
uncommonly charming portrayal or the naturally beautiful
ijj llnea of the foot. %
Hy wearing lltz * Dunn Co. Hiyle Hlioe# of Quality,
theee ea#entlal #up|ileiiienl# to Hlyllnh drea# are eaally
x» zz
•«& your*. #
% 1
% Hee our window# for lute#I model#, and then try our ;£
zz
"■& expert fitting nervlce
|L_-1
J Will Clayson
•♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦eg###
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: Full Line :
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COTTAGE j
CHEESE
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