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Foamite Firefoam
THE MOST EFFECTIVE FIRE EXTINGUISHER.
SOLE AGENTS FOR HONGKONG AND SOUTH CHINA:
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
Tel. Central 230.
TAN HONGKONG DAILY PRESS, THURSDAY, AUGUST – 23RD, 1918,
2, Queen's Buildings.
HONGKONG DEVELOPMENT, BUILDING AND SAVINGS SOCIETY
The Promoter of the above Society (in formation) invites those
INTERESTED IN BUILDING
AND
ULTIMATELY OWNING A HOME
on Terms that may be arranged to suit the means of all classes to call er send for a
FORM OF APPLICATION
to participate in a sebere of Dwelling House Construction.
FREDERICK ELLIS
{Promoter);
No. 10, Ice House STREET,
HoaKoN.
W. P. SIMPSON
(LATE or DISS BROS.)
TAILOR & BREECHES MAKER
i,
has opened Business at
וויי
ASTOR BOUSE BUILDING
Queen's Road Central,
2nd Floor.
Engraving
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We are leaders in this class of work and are Originators
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CALLING CARDS
i
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WEDDING INVITATIONS
ANNOUNCEMENTS
SHARE CERTIFICATES
We invite inspection of our work and shall be glad to give you the benefit of our long experience in all matters touching upon Society engraving. The services of our staff of designers are always at your command."
KELLY & WALSH, LD.
'PHONE C. 185
Okeh
The herald af daily
'PHONE C. 1916
CELEBRITY RECORDS BY ARTISTS WHO ARE MAKING MUSICAL, HISTORY AND WHO STAND AT THE VERY PINNACLE IN THE OPERATIO AND CONCERT FIELDS ARE THE DOMINATING FEATURE OF THE SHIPMENT JUST RECEIVED BY US, THE BEST
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VOCAL
GRAND OPERAS.
I PAGLIACCI Leuncavallo) Prologue
Do
do.
Vesti la giubba
(On with the Play),
"Doi
.do,
(Harlequin's Serenade)
O. Coloistian
BARBER OF SEVILLE. (Rossini). Numero Quindici
Do.
Riccardo Stracciari, Barítone. ...Nino Piccaluga, Tenor
...G. Žepatello, Tenor.
Bonci (Tenor) and Ferruccio
Comradetti (Baritone),
Da
Pasquale Amato, Baritone.
...Riccardo Bracciari, Baritone.
(Number Fifteen)...A.
Voi dovresti travestirvi
(You must disguise yourself) TANNHAUSER (Wagner) Oh! tu bell 'astro
(The Evening Star) I VESPRI SICILIANI Aría de Montforti
(Montford's Aris) LUCIA DE LAMMERMOOR (Donizetti, Tu che a
Dio, spieganti l'ali ...Alfred Piccater, Tenor. (Thou hast spread thy wings
osC1 E lucevan le stelle (The stars were shining). Nino Piccaluga, Tenor.. MEFISTOFELE (Beito) Sou lo spirito
...Adamn Didur, Base. ...C. Laari-Volpi, Tenor.
BICOLETTO (Verdi) La donna e mobile...
W
OKEH STUDIO, ·
e, Dia Vaux Road Central (CORNER OF JOS HOUSE STREET).
TEL. NO-CENTRAL. 4453.
BACK TO GOLD. RUSSIA'S NEW NOTE ISSUE.
[FROM THE ROSTA NEWS AGENCY.]
Moscow (by mail), July 10th, The statement of accounts issued by tha Note Issues Department of the State Bank on April 18th howed assets mounting to 4,300,000 chervonetz; the chervonetz, being ten gold roubles, may be taken as roughly equivalent to the pound sterling. At that date the notes handed over to the general department of the State Bank amounted to 4,700,000 chervonets, but the notes actually issued to ellents and in circula tion amonated to only 3,000,000-
According to the decre authorising the issue of notes, the Note Issue Department was only required to maintain a reserve
MALARIA RESEARCH"
In the unfortunate difference of opinion that has been exhibited in connection with the Ros Merial Institute, it will be of interest to note the views of Sir James Cautlie, which he gives in the "Journal of Tropical Medicine." He writes
to smooth the adverse views that have. been expressed, and at the same time to do justice to all the names that have been
winter with the prevention and cure of malasia. He tells us that the great dis. every of the part played by the anophe las mosquito in the spread of malaria formulated by the late Patricic Manson, and
scientific acumen of Ronald »Rus, has heved by the patient labours and been before the world for well-nigh n quarter
ter of a century, The part played was for the most pare a practical one, and by Rose in this great drama of srience. not the less wonderful in its material. the important
to ourquarter of the notes issued (the work of Bignami, halance being covered by bills and other and others, it may be said that the four securities). In fact, the Note Isine Demon chiefly concerned in this epoch-making partment has maintained a reserve of discovery aro: Laverun, who found
first-class security"-geld and foreign parasite of the disease; Golgi, who proved currency of considerably more than fifty the plurality of species of the organism; per cent. of the notes issue. On April Manson, who formulated the mosquito loth it was 760 per cent, Marrover,
and Ross, who worked out the bearing, in mind the fact that only 50 Each of them played a glorious part, and, of evidence to a practical Bene 50 per cent of the notes technically issued by the Note Issue Department are actually put into circulation by the bank, we find that in practice the notes in circulation are covered fally by the guhl and foreign currency reserve, The following talilej shows the position (in chervonetz) from March 18 to April 10th:-
of gold and foreign currency equivalent hearing. Without best, MacCully25 |
:
Dute
1923.
Note Dept.
Actually
circulation.
Gold gal
foreign
currency
reserve.
has but served to clinch the truth of the that well-nigh a quarter of a century Tow whole story, it is most that due recognition. should be given to the last of those who crowned the investigation with suces
BELLE OF NEW YORK,"
DEATH OF ITS COMPOSER.
The death is reported from New York of Mr. Gustave Adloph Kerker, composer of The Belle of New York,"
"Tha
March 13,000,000 1,400,000 1,388,600 | Lady Hlavey," and many other musical March 16 3,700,000 1,094,000 2,372,700 | plays. "The Belle of New York,” with April 14,500,000 2,500,000 4,789,500 $Edna May as the demure Salvation Army April 16 4,700,000 2,000,000 3,616,000 las, was produced at the Shaftesbury The strong position of the State Bank's Theatre in April 1898. Mr. Korker was a notes is therefore, fully justified, especi- rapid writer. Much of the score of "The ally when it is remembered that, in a Belle of New York he is said to have dition to the cover in gold and foreign written on his shirt cut as the melodies" currency, further eover is maintained in occurred to him.
second-class securities "-this term being used for atch excellent cover as sterling drafts, besides good Russian bills of ex- change and other securities against goods. These second-class securities amounted, in the statement of April 16th, to 2,883,000
·ehervonitz
:
RUSSIA AND THE POWERS.
FINANCIAL STABILITY IN NIGHT,
Moscow, July 28th.
Mr. John Sinclair, the noted American hanker and financier. has arrived hers Among other prominent Americans. He i collecting materiala for his new inok Finances of Enrope" and has come to Moscow in order to become, acquainted with the situation. In an interview with a correspondent of the Izetatia, Mr. Sin- elain maid:
come.te Russia to sandly her financin affairs. According to information sprend abroad on Russia, I expected to find here. a hopeless situation. but I am pleasantly disappointed. Now leaders of Russia Attach the greatest importance to the question of credits and banks. It is cri denced by the appointment of Professor: Kassel, the well-known Swedish financier. as an adviser." Mr. Kawel is a recognised | world-wide authority on questions of credit, and money cireulation. I am sur- prised to find that the State Bank with its two hundred and twenty branches scattered all ¿ver Russia is steadily lead, the country towards stabilisation. The latest quotations put the Russinn "cher Vonetz (10 rables) above the English pound sterling because the "chervonetz" is better guaranteed by the gold reserve in the State Bank than the pound. There. fore, so far as the chervonez" is con Jerned, the financial stabilisation
already a fact.
is
The question of State emission of paper currency is still difficult, although it is gradually improving The paper rouble can be stabilised only when the emission is stopped and the revenges cover all the expenditure of the Governinent, Industry naturally will be impeded ja its developmacht antil stabilisation is achieved. It is the most important problem of the present day.
DISARMAMENT AND STRAIGHT DIPLOMACY. "I am also pleasantly surprised by two facts. First, Russia has given to all" Europe an example of real disarma. ment, having reduced her army to the Į minimum. Whatever our attitude to- wards the Russian Government may be, every, friend of humanity, must be grateful to the present Russian Government. Secondly, there is the position of Russia in international politics nud the line of action under the fond-ship of M). George Chicherin, the present Commissary for Foreign Affairs. Instead of using ambigu-| ous diplomatic phrases. Mr. Cicherin, speaks frankly and plainly. He does not try to avoid any question. He is strongly against maridates, spheres of influenco and other metbeds usually applied by the Great Powers in their relations with small nationalities. Mr. Chicheríu' believes in n hṛalthy co-operation, and a frank dis cussion of all questions. This policy will remove all dangers of war in future and is in contrast to the intrigue, of the pre-; war Russia:
AMERICAN VIEWS ON RECOGNITION.
It is difficult to say when America will recognise Russin,, The present Hard- ing Administration is against it, but public opinion of the United States is more and more inclined towards it. It may compel the present Government to yield on this point in order to win the élections of 1021 Anyhow the progressive forces are bound to be victorious in the end; it may result in the election of Mr. McAdoo as a Democratic President or! Senator La Follette as the representative of a new party. In any case America will have to do what she ought to do now to enter into diplomatic and commercial relations with the Soviet Goveromens "of Russia:"
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AND
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STEAM LAUNDRY CO.
YE
HEAD OFFICE and WORKS YAUMATI, Təl. K 32. HONGKONG DEPOT, 16, Stanley Street, Tel C 1279,
62. Prayn. East.. KOWLOON DEPOT, 19, Canton Road. CANTON, 19, Sharki Central East.
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Write or Phont for PRICE LIST.
OLDE PRINTERIE, LTD.
COMMERCIAL PRINTERS, ACCOUNT BOOK MAKERS, Erc, 14, QUEEN'S, ROAD CENTRAL
Telephone 3797.
7. C. LABRUM, Managing Director.
S. O. A. E. O.
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