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WHITEAWAY;. LAIDLAW
& CO., LTD.,
HONGKONG
STEE
ASPHALT
China Mail
No. 19,744 HONGKONG,
PIECEGOODS,
DEALERS WHO COULD NOT TAKE UP.
BANKRUPTCY CASES
JD. Hutchison and Co. and Loxley and Co. were the petition ing creditors in respect of piece goods dealers in the Bankruptcy Gourt this morning.
Mr. Hugh Jones represented: both European firme..
OBITUARY.
TUESDAY, MARCH 9, 1926.
FORMER RESIDENTS DEATH IN TORONTO.
MR. DENIS G. SMITH;
The many friends he had in Hongkong, particularly among the younger fraternity, will regret to hear of the death in Toronto, of Mr. Denis George Smith who was in Hongkong for three or four Feara.
233 DAMAGED
COLLISION WITH FERRY IN HARBOUR
TOWED BY TUGS.
"the
ARUS
1 Road Central.
most up-to-da
In the Far East
done under the
qualified.
Optometrist/
PRICE, $3.00 Per Month, UFULI
SHARE BOOM?
LOCAL STOCK QUOTATIONS MOVE UP.
HOLDERS NOT SELLING
VETERANS OF 26-
OLD TYPHOON “HEROES" TO
RETIRE
NEW "STAR" FERRIES.
Veterans of 26 years old each, typhoon "heroes" in the Star Ferry Co.'s "Southern Star" and "Northern Star are advertised for sale
A collision took place in the
If there is no actual boom, there western limits of the harbour this aro signs there an appreciable re-two morning between 133, one of thevival in local stocks and shares has begun. Quotations are moving up submarines attached to
wards although transactions are China Squadron, and the Tai O still strictly for cash" and there launch which was on ta outward is no forward business Another feature of Ice House Street le that there are many buyers but very few journey.
sellers. The impression, therefore sub-is that holders are waiting for a
further rise.
The late Mr. Smith was a late partner in Browar and Co, the local booksellers, and left Hong. The LS3 was at the time in kong at the end of 1923 on medical company with several other advice. He was a victim of tuber-marines which were leaving Hong
The late Mr. Smith was well kong for Singapore known as a raconteur and was an The submarine sustained con excellent entertainer: His Ber-sidorable camage and, on the naval vices ware often in demnand He
communi authorities was 26 years of age and single..
cated with. пата.... tuga wevo sent to the scene. The
The first case was that of the affairs of Kwong Lean Hing, of $7, Jervois Street. $78,446 was due to J. D Hutchison and Co. ander contracts for piecegoods.cular trouble..} which were still in petitioning creditors" hands and were now valued at £50,000.
From information received from the fokis of the debtor firm and the compradore's. association a number of whom had other claims) it was understood that the total liabilities of the debtor firm were $480,000, most of which claims were similar ones for piccegoods dealings. The goods hell under those contracts were poay valued at $320,000L. The goods in the shop of debtor firm were valued at $12,000. There thus seemed to be a total deficit of $145,000, said Mr. Hugh Jones Allthe contracts were overdue for the taking up of the goods.
SHIPPING MERGER.
N.Y:K, ABSORES A T.K.K. LINE,
LOCAL OFFICE, GOES?
being
Since they were but in 1900, these two beats were in serw during the big typhoons of 1906, ly and 1923. Those in the company. do not recall any particularly ex citing incident in connection with them
"Well things are moving now," When a "China. Mail reporter replied a broker, with a broad inquired this morning, Mr FE amile to a "China Mail" man this Crapnell, secretary, said that full morning. Asked to explain the detalls were available for prospec- altuation to a layman he saidtive buyers.At present the
"Prior to China New Year, there "Northern Star was still in re were sellers and no buyers, holders gular service and the "Southern" trying to dispose of stocks (in was the spare boat.
La pur exchange, for hard cash) for the chaser stipulated, one boat could annual settlement. Now the post be delivered immediately. surance that there was no dangertion is reversed. People want to of forced submergence, continued their journey.
other submarines, receiving, as
buy but sellers are not satisfied with the present comparatively low quotations. However, the 'really The damaged .83 was towed big onds who cause violent fluctus back to the dockyard for examinations have not come in yet. That The merger between the NY.Ktion. Other than that the dam there is real activity is proved by and one of the T.K.K, companies which was reported a few days age is considerable, no official news the fact that some stocks have moved two, three, or even four ago to be pending, has now actual of actual details is available. The points a day as in Wharves ly taken place...
L.38 will have to be put into dock for repairs.
The NYK takes over the The Official Receiver remarked secondary T.K.K. which operates that the value of the assets de- ifive San Francisco and four South Book- pended entirely on the piecegoods American line steamers.
Ings by these steamers will be in the hands of the NY.K. as from March 15.
The merger does not affect what is known as the "No. 1 T.K.K. Co." which will still have its office in Tokyo. That company operates 11 steamers including one tanker.
arket. In the present state of trade, if the goods. in question were put on the market, would they realise the amount claimed? The actual assets held by the debtor firm only amounted to the [$12,000, value of the goods in the shop. The Ordinance provided for such petitions as was being arked for by creditors in this Interviewed by a "China Mail” case, only to be given where there reporter this morning, the local was substantial assets. In view manager of the T.K.K. said that of the liabilities, could that he expected the Hongkong office mount be held to be substantial? of the T.K.K. would close, shortly. Usually he the Official Receiver) look 10 per cent of the liabilities-
to be. "substantial which was even then a very elastic inter- Tutation.
"A Prophet."
Mr. Hugh Jones said that it must be borne in mind that any improvement in the piecegoods merket would influence the debtor's affairs. beneficially both ways for it would reduce the claims and increase the value of the assets.
"MOTOR MISHAP
MRS. STAPLE'S FORTUNATE ESCAPE
RICSHA OVERTURNED.
In a motor accident at Queen's Road East, near Tai Wong Street, a European lady, the wife of Mr. K. K. Staple of the PW.D., was thrown out of a ricsha in which she was travelling when a motor
RACECOURSE THEFT.
A SPECTATORS MISSING "BINOCULARS.
FOUND BY POLICE.
Two Chinese were charged before Major C. Willeur at the Central Magistracy this morning with theft of a pair of binoca are and alterns
MOK
The sale of these boats came: as a sequel to the placing in service of the two present bigger launches and the other two that would be ready shortly. One of the latter had been launched and may be ready next month. The last is expected to be launched a month or so later. When these were completed, the two oldest boats would not be required.
It will be interesting to see
A SURNAME PUZZLE. what use is made of these two double-enders, for whom some Kowloon folk will have a lingering memory long after they are gone. Comparatively speaking for Hongkong, at any rate-they are by no means old.
AND YUEN IN
'COURT..
BROTHER'S EXPLANATION.
Unlawful possession of a bag of medicinal roots and offering a bribe of 86 to a' constable were charges: Against a Chinese at the Central Magistracy this morning before Mr- R. Lindsell.
A stated in evidence
that cortable stated him und
LIVELY SCENES.
SWÄRAJISTS' WALK OUT OF ASSEMBLY. DRAMATIC ADJOURNMENT.
Summit
One piece
COLLAR
This, the Summit. "One- Piece" Collar, is neither soft nor suff. It has all the comfort of a soft collar with nearly all the appearance of a stiff collar. It doesn't crumple. It doesn't wilt. It doesn't need a safety pin. And it doesn't require starch.
Wo Allow 10% Discount » FOR CASH
MACKINTOSH
& CO., LTD.
Men's Wear Specialista.
Alexandra Bailding,
Des Voeux Road
Thour who deal with us may he moured of the folisining udowntages
AIR PRICES RESH STOCK INE QUALITY AITHFUL SERVICES
tively with racat ng the glasses asked him to let him go. Defen knowing, same tecene been stolen, dant denied this, stating that he bad
(Reuter's Serviss.) The owner piste glasses, Leung - not a cent in his pocket. His Wor-
Delhi, Mitch Yau-cheung, cler-living at ship remarked it was unlikely that Staunton Street, described his visit the constable would take the money
The crowds who thronged her to the Japanese stand to watch the out of his own pocket in order to galleries of the Legislative races on Wednesday in the course zet the defendant into trouble. Assembly, in participation of a of which he found his binocular Divisional Inspector Peter Grant lively discussion on the Budget case.empty. The lose was reported explained that the money may have grants, witnessed
pos-lowed the arrested man to the after an impassioned speech by onCONTULUDD
Pandit Motilal Nehru.
dramatic
the glasses were found in the pos-hoon given by another man who tole scene, the Swaralists walking out sasion of a Chinese at Man Hing Police Station and bulled him out Lane, who accused the two defen by promptly paying $50. dants of having left the article with him for sale.
The benefactor on being brought from the rear of the Court claimed the defendant as his younger brother, hence his interest in the case. "Asked how, being brothers, he bore the surname of Yuen while the defendant gave his as Mok, wit mess gave a ready explanation by stating that the younger Yuen wae adopted by another family sumed their surname.
The first defendant accused his fellow prisoner and the informer as being the persone who offered to sell the gassen to him affer invit ing him to smoke oplum with them
His Worship considered that the evidence of the informer alone was not sufficient to convict the defen dants on the charge of theft. He held that the informer should also A previous conviction for a have been charged on a charge of similar offence was brought to His receiving the stolen property. The Worship's attention and defendant case was adjourned until to-mor-was convicted. On the first charge
This Lordship: You are asking me to play the part of prophet of the future market. I must concar overturned it yesterday...
The lady was promptly taken to tent myself with the present. However, I am inclined to think the Naval Hospital, but was not that the word "substantial" does seriously injured, a
The driver of the car in a re- not necessarily mean proportion port to the police blamed another fately substantial. $12,000 is
and as for cutting past him and obstruct qufte a large amount.
After Mr. Phillip Stanley ing the way. To prevent a colll- Cassidy (partner in J. D. Hutchision with another car which was son and Co.), also the compradore approaching from behind, it was of J. D Hutchison, had given alleged that he had to swerve to evidence of the debt, a receiving the side of the road and struck
the resha. order was made.
Judge's Criticism.
The damage to the ricsha Regarding the case in which amounted to a broken wheel Loxley and Co. were the petition-
ASBESTOS
ing
ROBERTSON ASBESTOS PROTECTED METAL ROOFIN
creditors. His Lordship Quarantine restrictions have strongly criticised the action of been. imposed against Amoy on certain of the creditors who were account of small-pox.""
alleged by the Official Receiver to
fave gone to the premises of the
debtor firm and packed in cases certain of the goods...
to have swooped down on the
The compradore of Loxley and business, intermeddled with it and Co. said in the witness box this taken control of the whole situa- had been done by fokis, of the tion, debtor firm. He denied that he had auperintended the packing up. Mr. Hugh Jones remarked that presumably it had been done to protect the goods.
In view of the action that had been taken ho would dismiss the petition, said His Lordship
Missing Debtor.
row
CAPE FLIGHTS.
ROYAL AIR FORCE AT MALAKAL
COBHAM STILL AT CAIRO.
(British Wireless Service.)
he was fined $25, or six weeks, and $100, or six weeks, on the charge of offering the bribe. The $5 con- cerned in the case was confiscated.
He declared that their co- operation had been declined. They had been ridiculed and humiliated, They had sent a message to tha people of the United Kingdom that contentment In India was impossible until the system was changed, but the stony hearts of the bureaucracy remained ob- durate
Speaking later as one "sincere- ly desiring to promote the inter- ests of India," Sir Alexander Muddiman said that he deeply regretted the incident. He would muss Pandit Motilal Nehru's speeches on frontier policy and the South African problem,ny
A further shock was adminis- tered to the members of the Assembly when, Mr. Patel (an Indian and President of the "DURBAN'S QUEST. Assembly), after a speech advis
ing the Government to transact This morning the Naval autho- only business necessary for ad- rities stated that H.M.S. "Durban" ministration and avoid controver was expected to return by to-night.sial matter, adjourned the Assem- She had been cruising outside and bly till to-morrow to everybody'a Was now coming back. There was amazement.
no development to report in con- nection with the message from. Wal AvRugbyr March 8." The airmen of the Royal Airxan lighthouse, on Saturday night, Force who, in four machines are with regard to the "mystery ship
which passed without the signals. An order, for adjudication was aying from Cairo to Cape Town, His Lordship But the credis made in respect of the affairs of have arrived at Malakal in the tors had no earthly right to act Pang Li-tin, the debtor who ab- Soudan like that. Suppose some of the sconded after his public examina Mr. Alan Cobham, who was to DAVIE, BOAG & CO., LTD.nssets had disappeared. If that tion in bankruptcy a short time have left Cairo fo-day for Solium
Bank of. Canton Building. sort of procedure is allowed what go and a warrant issued for his Samplar and particulars on applications there to prevent the ox that arrest.
treadeth out the corn from eating. He was a wine and spirit mer- most of it, de MRT You chant and several European firms
Mr. Hugh Jones: It must have were creditors
Sole Agents:
TANG YUK, DENTIST Boomer to
the late STEN TING, 14, D'Aguilar Str set
TERMO VERY KDDERAYS" Consultation Free
MRS. MOTONO.
RIC MASSAGE
318 Wyndham St, 2nd Floor,
on his return to London, has been delayed by unfavourable weather, but he hopes to proceed to-morrow.
been done with the best of Inten- The Official Receiver said that tions with a view to protecting the a resolution asking for adjudica H.E the Genera assets of the general body of tion had been passed at a credi mending the
tors meeting, There had pre-jor General creditors.
His Lordship: But it is a most viously been negotiations for com CMC Ineseted improper procedure. Creditors position but the solicitors had lon. The East Surre have no right to take upon them received no further instructions in mon selves duties devolving on the the matter. The business had Ground. official receiver. Business was been disposed of closed and there was no one in
there
the creditora seer
DAYS DOLLAR:
losing rate of
fandi
to-day was 2/8
390 A Month,
The
until noon Gooderata; eter
A number of Ind were involved!"
at Wa
chal yesterday and Chinese was sent to the Gov Civil H with an cheads
int this, with a small
BRITISH PIONEERS.
CREATION OF THE RUBBER INDUSTRY.
WHY OTHERS FAILED.
(Reuter a Service)
London, March
Sir W. Joyson Hicks, Secretary for Home Aiaire, was the est at the annual ding the Institution of the Industry in London
In a speech he declared that the cks on the Stevenson scheme unjustifiable
ther
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