WEDNESDAY, NOVEMBER 25, 1931.
CLAREMONT
PRIVATE HOTEL Austin Road, Kowloon. (Facing the Kowloon Cricket Club. Four minutes from ferry
by bna.)
Suites of rooma (single and double), hot and cold water ayatem, all modern saaltation. private bathrooms attached.
EXCLUSIVE TABLE. entirely under European management
Hotel has a splendid aspect in one of the finest locations in Kowloon, away from noise, yet earlly accessible.
Terms very moderate. Rasorva- tions by letter or cable.
CLAREMONT
Tels.: 67889 & 57885 (Private). Telegraphic Add.: "Fern" H.K. Our motto is "SERVICE."
Sore Throat?
AK
AL
"... I find FORMAMINT is a very nice friend to have Iri your pocket, when you are in trouble with your throat."
Mr. T.B.-T.
FORMAMINT
destroys the diBORBO Kerma in mouth and throat, thu during Sore Throat. and protecting you against infectious dilsemien, auch sa
INFLUENZA, DIPHTHERIA, SCARLET FEVER,
Chemists
etc.
HONG KONG'S NEW
TAXI SERVICE.
All New Willys
SALOON CARS
STATIONS:
1
Rumsey St., and Wing Lok St. opposite Wing On Co., and Sincere Co.
PROMPT and
COURTEOUS SERVICE.
SUN TAXI CO., 45, Wing Lok Street, Office and Service Tel. No. 20415.
RADIO
TO-DAY'S PROGRAMME.
The following programme will be broadcast to-day from the Hong Kong Broadcasting Station ZB.W. on a wavelength of 355 metres:
-5-7 p.m.-Chinese Programme.
6-6.30 p.m.-Chinese Children's Programme.
7-11 p.m.-European Programme of Columbia & Regal Records.
7.03-7.20 p.m.-Band & Orches- tral Selections.
The 'Hoys of Tipperary (Amers),
H. G. Amers & Eastbourne Municipal Orchestra
(5400). The Little Clock on the Mantel
(Wheeler), Dancing Doll (Poldini).
H. G. Amers & Eastbourne Municipal Orchestra
THE
Dance Orchestra (6789), Fox Trot-
Instrumental-
Kawalhau,
Honolulu..Hawaiian Silver String
Vocal Duot
Quartet (5431).
The Modern Diver,
P. C. Lamb,
Mr. Flotsam & Mr. Jetsam with Piano (5587). 8.12-8.38 p.m.-Operatic. Orchestral-
Madame Butterfs-Selection
(Puccini arr. Tavan),
New Quron's Hall Light Orchestra (9806).
Piano Bolo-
Rosenkavalier - Fantasy
Themes (R. Strauss arr. Grainger).
Percy Grainger (DB28). Orchestral→→
La Boheme-Selection
(Puccini arr. Gauwin),
Now Queen's Hall Light Orchestra (9307). 8.38-9 p.m.-Concert Items. 'Cello Solo-
Roverio (Dunkler),
(5401).
Rudlo (Pecking),
Regimental Band of B.M. Grenadier Guards (0437).
Sang-
8 p.m.-Local Time & Weather. Report,
7.20-8.12 p.m.--Variety, Humorous Song-
Tell Me More About Love, I'm Perfectly Satisfied,
Pinna Solo- Jasmine,
Florence Oldham (513).
Sweet Nothings,
Billy Mayer (6671). Humorous Monologue-
South Sea Islands Pidgin English,
Clifford W. Collinson (6409). Organ Solo
Father's Favourites,
Orchestral-
Terance Casey (5525).
It's an Old Spanish Custom. Give Yourself à Pat on the Back,
Jack Payne & His B.B.C.
HOLDING COMPANY ORGANISATION.
(Continued from Page 2.)
CHINA MAIL.
Song of the Bluck,
Song of Siberia.
(1940)
What ឆ Fool T've Been,
Walls
The Twilight Waltz ................... (CD328) Fox Trot-
SHADOWS BEFORE
COMING EVENTS ADVERTISED IN CHINA MAIL.
I
Social Functions. To-day-Ten Dance at Hong Kong In My Heart-It's You... (22800) Hotel: Dinner Dances at Peninsula
A Big Bouquet for You,
Blues-
The Lonesome Road Fox Trot
Wrap Your Troubles In ‹Dreams, Whistling in the Dark...(MR400) Victoria and Her Hussar-Mousie, One Stop
and Repulse Bay Hotels.
To-day Entertainment by Nellia; Farren's Troops of Girls, Repulse Bay Hotel.
THE
HONG KONG
PENINSULA HOTEL;
HONG KONG HOTEL: REPULSE BAY HOTEL PEAK HOTEL
AND
SHANGHAI
ASTOR HOUSE HOTEL; PALACE HOTEL
HOTELS,
LIMITED
The Wedding of the Birds,
Song of the Congo
(2263D)
Glad Rag Doll,
She's Funny That Way Fox Trot-
. (5268)
Walling
on Love
in Love Again, When It's Springtime in the
Rockles
(CB100)
Fox Trot
Down Beside a Dutch Canal, The Way to Paradise
...(MR401)
To-day Practice Andrew's Ball.
Dance, St.
Sin,
Entertainments. To-day King'a .(CB08)
"An American Tragedy."
To-day Queen's
In association with the Grand Hotel des Wagons Lits, Péking,
Theatre;
Theatre;
"Just A Gigolo."
Today Central Theatre;
Viktoria and Her HuseRT—
Following the Drum Fox Trot-
"Greek Street".
...(CB344)
To-day Majoatle Thantsu. "Romance of the Opera" (Chinose picture).
Charming
You
(CB342)
Waltz
Today Star "Not So Dumb."
Home Malls.
Theatro:
Cyril Scott (DB41).
The Klas Waltz,
Fox Trot-
Without a Song,
Great Day
(2023D)
Mama-Inez,
One Step
Cupid's Army
(MR371)
Waltz
Viktoria and Her Hussar-
Pardon, Madamo,
...(2297D)
Good Night
(CB343)
11 p.m.-Close Down.
.(2491D)
W. H. Squire (L2050). Chatles in the Air (Traditional),
Margaret F. Stewart, Soprano (6685).
Piano Solo-
Caprice Chinois (Scott), Pensoso (Scott),
Song-
Sea Fever (Masefield & Ireland), Gae Ering to Me a Pint O' Wine
(Burns-Short),
Roy Henderson (Baritone)
· · (5395). 9-11 p.m.-Dance Programme. Fox Tral-
Body and Soul,
Something to Remember You
By......
Sing Another Chorus Please,:
Choo-Choo
Redskin,
Bluet-
!!
What's Keeping My Prince
You Can't Stop Me From Lovin'
All Through the Night...(2207)
All records in the above Euro- poan programmes are kindly sup
Love Me, or Leave Me....(5657)plied by the Anderson Music Co.
Friday-Inward from America (Empress of Canada).
Jumble Sale.
Saturday-Hong Kong volent Society Jumble Sale, Hall, 11 am.
#1, Nathan Rd, Kowloon.
Tel 57889.
MARBLE HALL
A Select Privata Hotel furnished with an oys to the comfort of ita Tenanta. Slagle and double waftes of rooms with private bath- rooms'attached.
·THE HARBOUR VIEW PRIVATE HOTEL.
Bene-
8-12, Chatham Road, Kowloon. Finest Situation on the Peninsols. City
Large Airy Rooms with Fall Beneft of the Cool Sea Breezes. Unequalled Čulaine.
Phone
STANDARD TIMES.
Sunrise and Sunset
in Colony.
Sunrise and Sunset in Hong Kong for November, 1931, Stan- dard time of the 120th Meridian, East of Greenwich, are 期 fol-
SCOTLAND FOR EVER.
· COMPANY FINANCE.
A True Story Of The Gold Standard.
Mr. P. D. Leake Advocates Drastic
Changes.
25
Two young Britons, lingering
1*
Sunrise Sunset
..
p.m. 0.42 5.88
27
28
20
6.49 5.38 6.48 5.38 6.44 5.38 0.45 5,88 6.46 5.38
Lecturing to chartered accountant longer than they expected to do in students at Manchester on October one of the well-known French 19, Mr. P. D. Leake, F.C.A., .referred watering places, suddenly realised to two important changes which, he that they might have a little trouble said, are urgently needed in our 30 in connection with the payment of company law. The first change re-
INSTITUT DE BEAUTE
various statements required by Section 126 of the Act is of direct concern to them, being annexed to a balance-sheet which they have to certify, they appear to have no legal their hill, in view of the departure lates to the common practice of in- responsibility for the accuracy of of their country from the gold stan- cluding in the fixed share capital of these statements, although in pracdard during the time in which they companies large amounts represent- ALEXANDER tice they appear generally to be had been absent from Britain. The ing the value of intangible rights consulted as to their adequacy, bill was presented, and, less to their like business goodwill, trade-marks, Sir Gilbert concludes his aurvey surprise than to their perplexity, patents, etc., which results in the with an examination of the in- the English cheque which they, inflation of fixed capital. tricacies of Income-tax and stamp offered was politely declined by the A perfectly clear line could be duties as applicable to holding com-, manager of the hotel. One of them drawn, Mr. Leake said, between panies, and rounds it off with num- had a couple of Bank of England tangible assets whose accounting erous examples from published ac- £5 notes, and these he produced value at any time is steadily, based on unexpired cost, and intangible counts. The pre-eminence of the with an air of relief. nuthor in his profession is a guar-| But the manager
was horrified. assets whose value is always a mat antee of the accuracy and soundness "They are worse than a cheque!" he ter of guesswork and subject to of a work which should find a place exclaimed; he could not take them violent changes. in the bookcase of everyone inter-ton any consideration. What to do ested in the subject.
next was the problem, but one of
The second much-needed statutory change would provide a remedy for the frequent neglect to make re- gular provision for depreciation of material wasting assets; Mr. Leake
* "Holding Companies and their the young fellows was struck with Published Accounts." By Sir Gilbert a bright iden. Garnsey, K.B.E., F.C.A. Second "I have," he said to the manager, Edition. 158. net. Gee and Co. "a cheque on a Scottish bank. Will suggested that all joint stock com- panies using any class of Industrial (Publishers), 8, Kirb Street, E.C.I. you take that?"
The manager's Ince became plant: should be required by statute wreathed in smiles. "By all means," "to keep suitable accounting records he said. He would be very glad to in the form of registers of wasting have it. So the young fellow made assets by means of which expired out his cheque in payment of the capital outlay (depreciation) could bill and the pair departed on the be measured each year on a settled best of terms with the manager, busis, under the abservation of the themselves and the Clydesdale Bank, engineers or others in charge of the
plant.
CASH.
And How To Keep It.
+
"There are two branches in the
| study of riches-getting the money, and keeping it from getting away. When a fellow has saved a thousand
TURBINE MAKERS' RESULTS.
A statutory obligation to keep such records would not curtail free-
dollars and every`nickel represents : With the shipbuilding industry dom of action within the bounds of a walk home instead of a ride on a in ita present parlous condition it is reason, but it would serve to direct trolley and every dollar stands for not surprising that the operating, general attention to the subject. cigara he didn't smoke and for profits of the Parsons Marine Steam - shows he didn't see it naturally Turbine Co. for the year to June 30 £20,525. seems, as if that money, when it's were on a reduced scale. The com- Not only is the rate of dividend invested, ought to declare dividends pany's Income, however, is mainly lowered from 10 per cent. to 7/2
derived from its every 30 days.
substantial hold-per cent. but payment this time is "But almost any scheme which ings in British Government securi- to be made less tax, instead of tax advertises that it will make small ties, which, together with other free as in previous yeare. investors rich-quick is like one of investments, yielded £17,114 in in- The company has been very short those Yellowstone geysers that terest, or only £1,800 less than pre-of work, but the Admiralty has now spouts up straight from Hades with viously. Trading profits fell £2,911' placed a contract for the complete a boom and a roar it's bound to, to £3,052, and as £5,278, against propelling machinery of the cruiser return to its native brimstone soon. ' £2,957 last year, is transferred to, Neptune, which is under construc er or later, leaving nothing behind experimental, pioneer and develop- tion, and an order was secured re- it but a little smoke and a smell of ment work account, the total net cently for an installation of all- burned money-your money."-G. H. profit, after allowing for directors' geared turbine machinery for a new Lorimer.
fees, le £15,491, compared with mercantile vessel
Phone 25169, Pedder Building (1st Floor) Opposite Entrance to
Hong Kong Hotel. Lustrous Oil Permanent Hair Waren which are Large, Soft and Natural, Artistic Finger and Marcel Waves, Oli Treatment, Shampooing. Henan Pack cure for Ladies and Gentlemen Con- (any colour), Hair Cutting and Mani scientious, Artistic Work by European Expert, Mr. Alexander.
changes mODERATE. A VISIT WILL CONVINCE YOU,
Maurice CHEVALIER
The Smiling Lieutenant
a Garamount Picture ›
COMING KINGS
Tel. 56734.
Proprietress:-Mr. Gardlow,
Cable Add. "Barview.”
BE UP AND DOING !
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"Without the slightest risk.' A famous Doctor wrote in
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Shake off Pain with
GENASPRIN
The SAFE brand of Aspirin
To relieve the pala of Headache, Malarla, Dengue, Toothache, Heatstroke and Neuralgis, and to soothe the nerves la cases of Sleeplessness, Over- .exertion, Excitement and Irritability.
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To obtain the best results, Genasprin
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Made by GENATOSAN LTD., LOUGHBOROUGH, ENGLAND.
01601, 2017 Feature Service,) Great Britale rights reserved.
BRINGING UP FATHER
THERE'S NEVER A DULL MOMENT IN THIS HOUSE-
HELLO-JIGGS: WOULD YOU LIKE TO GO
WITH ME TONIGHT TO SEE A FIGHT?
NO!
3 YEAR GUARANTEE
AND
2 YEAR EASY PAYMENT
GENERAL ELECTRIC \LL-STEEL REFRIGERATOR
Call or write for full particulars.
en view at: win
The Hong Kong Electric Co., Ltd.
The General Electele Co, Ltd.
W. C. Jack & Co, Ltd.
and Andersen, Maym & Co, Ltd.