Page
THE HONGKONG". DAILY PRESS, TUESDAY, DECEMBER 15TH, 1925
Foamite Firefoam
·THE MOST EFFECTIVE FIRE
EXTINGUISHER.
SOLE AGENTS FOR HONGKONG AND SOUTH CHINA1
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
Tel Contrai 238.
JE
2. Quson's Buildings,
THEATRE ROYAL.
TO-NIGHT at 9.15 p.m. Sharp.
BOOKING AT ANDERSON'S.
́SULLIVAN'S MELODIES.
GILBERT'S WIT.
A HAPPY COMBINATION HONGKONG'S OPPORTUNITY.
„CHARITY'S BENEFIT.
IOLANTHE.
"
"We were boys together at least, I was.'
[2851
HONGKONG HOTEL
ROOF GARDEN
WILL BE RE-OPENED ON
DECEMBER 15th, 1925.
POPULAR
TEA DANCE DAILY
(Sundays Excepted)
4.30 p.m. to 6.30 p.m.
ADMISSION FIFTY
INCLUDING TEA.
CENTS
EXPRESS LIFTS FROM ROOF GARDEN ENTRANCE
IN PEDDER STREET...
THE HONGKONG & SHANGHAI HOTELS, LTD."
STRUCH'S
DIAMOND TRADING COMPANY.
ESTABLISHED 1875.
AMSTERDAM, (HOLLAND), 10, TUPLSTRAAT.
CUTTERS AND EXPORTERS OF DIAMONDS.
ASK PRICES AND CONDITIONS.
To the Publinkar
**HONGKONG WEEKLY
لوم
PRESS"
-IA, UZAZIZ BOAD, Hoxezer
Pieses wand me the ?.
"HoNexons Warxzy Pazu.”
1.925,
addressed me fol
[41
[2068A
THE EAST ASIATIC CO., LTD. OF" COPENHAGEN.
M.S. "MALAYA."
haring amired. Consignees of cargo are hereby informed that all goods are being landed and placed at their risk into the hater dons and/or extra hazardous Godowns of the Hongkong and Kowloon Wharf and Godown Co. Lt
Ltd, where delivery can be obtained aa ss the goods are landed.
100%
No claims will be admitted after the goods have left the Godowns and all goods remaining undelivered after the 19th of December, 1920, 4 p.m. will be subject to Bent.
All broken, chafed and damaged goods are to be left in the Godown where they will be examined by Messrs. Anderson and Anke on the 18th of December, 1915, at 10 am,
No Fire Insurance will be effected. “ Bill of Lading will be countersigned by JOHN MANNEES & 00., LTD.
Agents. Hongkong, December, 13th 1925, [2966
LUXURY TAXES.
MR. CHURCHILL AND A MISSION OF* ENQUIRY ABROAD.
HONGKONG STOCK EXCHANGE. CLOSING QUOTATIONS..
Hongkong Bank
·December 14th, 1925.
$1,075 nom.
Do London.... Chartered Bank.
In view of the Chiness proposals for the taxation of luxuries, it is interesting to read that Mr. Winston Churchill, the Chancellor of the Exchequer, in addition. P.&O.. Bank.
£146 nom
£91 nom.
£13) nom
lensable Bank, A. & B.....29 nom.
C..
DUR
to the search for means to effect economies | East Asia Bank .............. in public expenditure, is also exploring
Canton Insurance avenues for revenue expansion. He is North China Insurance.
China Underwriters
said to contemplate sending two per- Union Insurance manent oficials to the Continent to study China Fire Taramanca
Tangiace Ingaranes.......... the working of "luxury" taxes which Hongkong Fire Insurance have been in force there for some years, with a view to the imposition" of further similar taxes in Great Britain this year.
The operation of luxury taxes in Ger many, Franse and the United States is explained by Daily Mail correspondents as follows:—
IN GERMANY,
Luxury taxes form an important source of revenue in Germany. One of the most lucrative is that on wine 20 per cent. on the price of still 'wine and 371 per
G. & M. Steamboats Hongkong Turs......... Indo-China (Pre).
Do Do
$35 nom.
.$600 nom.
bay
Th. 140 hom.
buy, $160 min. ..$35. buy. 3500 no
ach
*** nom....
(Def.), London
Hongkong$65 al.
Ball Transports Str
Ferries Waterbosts.
Oriental Navigations China Sugars...... Malabon Sugare. Banget...
Mining Ad...
cent. on sparkling wine, in addition to (combined)
the Excise and Customs duties.
X(single) 4 hangisi Loans Shanghai Exploration.. Ranba Tronoh Mines Ural Carpians
A tax of 15 per cent must be paid on theatre tickets, and there is a tax on music in restaurants and cafés, which amounts in first-class establishments to 33 per cent. for every guest,
Apart from taxes, the Customs duties. Docks
& K. Wharfa.
on luxury articles from abroad is exceed Engineering..
ingly high.
IN FRANCE.
The Custom's authorities collect a tax of 10 per cent. on practically all luxury articles entering the country, and all luxury industries are charged the tax at heme. The seller adds the tax to the
price of the article.
IN THE UNITED STATES.
After n hectic and highly puzzling career luxury taxes now play only a minor part in the daily life of the American citizen. They bars been rele- gated with bad business, unemployment. and other annoyances, of 1921 to the archives of yesteryear.
Theatre goers pay 10 per cent, on the amount of their tickets when the price exceeds P., and a similar tax is paid by visitors to football games and other entertainments, including cabarets. All members of clubs still pay 10 per cent. on their annual dues to the Government, and buyers of jewellery, including watches, clocks, opera and held glasses, pay 5 per cent in taxes over and above the amount of their purchase..
Works of art, unless sold by the artist himself, are liable to per cent.
On motor-cars the Government collects £30,000,000 a year,
LOST COULD MILLIONS.
TRUSTEES ORDERED TO REPAY.
EFFECT ON HEIRS IN ENGLAND.
Litigation, which it is estimated has cost £2,000 a day for nine years, resulted recently in a report from the Referee making the trustees of the late George Jay Gould's estate of £10,000,000 person- Ally responsible for £10,000,000 lost through financing the railway system as- sociated with their father:
If the four trustees are finally com- pelled to pay back money thus lost in speculation it is probable that one quar ter of the total sum will be collected from each of them and that each will re- ceive back one-sixth. This means that the trustees will each pay £2,500,000 and collect £1,665,000. While it is impossible, experts say, to estimate exactly what effect the verdict will have on the in dividual fortunes of various members of the Gould family, it is certain that the heaviest sufferers will be the heirs of the late George Gould, the eldest son of the founder of the Gould fortunes.
The prospects are that if the courts uphold the referee's decision the late George Gould's share in the estate may be so extinguished that none of his child ren, including Lady Decies, would inherit from him individually, but would merely benefit by whatever amount is ultimately restored to their father's estate,
In this event George Gould's 'second wife, now Lady Dunsford, who bad three children by him, would lose the £900,000 trust fund created for her in his will and £900,000 he, gave her a short while before his death.
Under the decision handed down last month Edwin Gould, Howard Could, and | Mrs. Finley J. Shepherd, their sister, and the estate of the late George Gould share the loss equally. Frank Gould, who while a minor, was not a trustee, is found ac countable for participation in a loan of £1,000,000. His liability is confined to whatever loss has been sustained by that loan.
Anna Gould, Duchesse de Talleyrand, is the only one of the six heirs who is held not liable, it being shown that abo took no part in the managament of the
estate.
The decision of the referee, was that the trustees entered upon & venture to re- tain control of the Missouri Pacife Rail- way and allied lines which was inconsis tent with their duty to the beneficiaries.
CHOLERA SPREADING IN MANILA
BAY PROVINCES.
All provinces bordering Manila bay are now infected with cholera, says the Manila Times of the 9th inst. Batangas, and Cavite reported several capes not more than two weeks ago, while Laguna, ing cholera victims. Bataan is the latest Balacan and Pampanga continue record- to join the list of infected provinces, three cases having been registered at Orion yesterday (8th inst.). It is said that instead of reporting all cholera cases occurring in the districts where they are taigned, the Health Officials help to hide cholera patients to win the good will of the people,
New
Shanghai Doaks
H.K.
S. Hotels (ald)... goug Lands Hoogkang Resitys (cp.)
Territorials (f.p.) Prince's Buildings.. Humphreys Estates... Baral Lands Ewo Cattons Orientals... Shanghai Cottons (old)
Da. (now).. Amusements. Canton Ices Comenta (combined)
(old) Do. China Buses. China Lights (combined).
Do.
(old) Do (new) China Providents (comb.).
De... (old) Do.. (new)
אה
Constructions
Dairy Farms. Der & Wing (1.p.) Hongkong Blectrica H.K. Developments... Mazac Electrics......
HK
Ropez (combined).
(old)
Do. Do.
(DCT)
Hongkong Tramways
Lane Crawfords.
Mackintoshs.
Peak Trams (ald)
130 (new) (6.p.)..... Sinceres
United Asbestos......... Watson (old)
Do. (new)
Wm. Powells......
bay-buyers; all—za
97-buy 301 com
16 buy.
1 nom.
$43 nom.
43/- nom. T. 34 bay.
Tls. 19 buy.
Tis, 5.48 nom.
TM.. 8 DOM
B
.87 sel.
,58/-1
མས་
nom.
долы
Sinom.
$150 nom. $56 buy. Tls. 165 buy. Ts. 7 bay.
"Ts 115 nam.
$9
buy 9.30 .. 3681 nop
d nom,
$51 bay- $14 buy.."
$150 now.
Pls. 10.40 sol.
APTAIN BLOOD
by RAFAEL SABATINI
TO-DAY TII SATURDAY
at 2.30, 5.15, 7.15 & 9.30 p.m.
AT INCREASED PRICES.
QUEEN'S
INVESTMENTS.
Orientals.
100"
Power's
3,000 Jarazs
WO SELL
100/100 Cements
400
100 Providents
M'ka Pindas
300/500 Timahs
400/500 L Crawfords 200/450 Pajama 100 Steambosta 15 • Fanggors Un'writers. 100/500 Peak Trams 100 Mantries Uniona 100/200 Dairy Farms 100/150. Lands 1,200 Amusements 100
WE BUY
Tis
11. 34 nom.
Tis. &i zel.
100/200 100/1,000 Territorials
Electrica 110
50
Lands Docks
.Ts. 31 sal.
HL Banki
50
Wharves
$102 buy., 10.40 sa. 50/100
Hotels
300
Ενοι
$7, nom.
$15t buy.
100/200 50
Sugars
100/500
Amusements 100/500
312. nom.
Canton Ins. 5/10
Bom
50/200 China Lights
..Tls, 104 buy.
$20 ael.
$15 nom. $10 bay.
TEL. 4630.
$34 nom
.$9 sel.
... $9 sel
..$1.90 buy.
$18 bay, 19 sel.
$10 nom.
$53 buy. $40 nom.
30 cts, buy.
340 sel
..Đôi nam.
nom.
.824 bay,, 24h sel.
:.812 buy.
..$15 bay.
..$31ƒ nom.
.88 kons 311 zal
$5 sel
$20 nom.
$15 zel
$14 osi. sal.
NEW PHILIPPINE COMPANY
MAY TAKE OVER BENGUET CONSOLIDATED PROPERTY.
موده
A new mining company, The Batalse Mining Company, is now bidding for the ownership.of the supposed abandoned Antamok gold mines near Baguio at pre- sont owned by the Benguet Consolidated Miaing Co. The new company, it is stated, begins with a capital of P.1,000,000 under the leadership of Paul A. Gulick, formerly of the P.C.C.
The Bataloe Mining Company, accord- ing to its incorporation papers, intends to carry on general mining business, operata milling, smelting and refining plants, and operate, dig up and lease. mines and mining claims.-Manila Times.
SMALL INVESTORS.
Hong: Trans
10, Dea Voour Boad.
(125
TOP NOTCH
"King George IV
WHISKY
The Top Notch of Scotch
is reached in
"King George IV."
Sole Agents:
GANDE, PRICE & Co., Ltd., HONG KONG.
CHRISTMAS AND NEW YEAR ANNOUNCEMENTS.
HONGKONG HOTEL
SATURDAY, 26th December Fancy or Evening Dress Optional
REPULSE
THURSDAY, 31st December Fancy of Evening Dress Optional
FRIDAY, 1st January, 1926 SATURDAY, 2nd Jannary
BOXING NIGHT CARNIVAL-8 p.m. to 1 a.m. Late Car to Peak-1.30 am,
BAY
HOTEL
NEW YEAR'S EVE CARNIVAL—8 p.m. to 1 am. Motor Coach to the Hongkong Hotel
and to the Peak Hotel-1.15 am. Late Peak Tram-ear-2 am. Tea Dance-480 p.m. to 6.30 p.m. Dinner Dance-8 pm to 12 Midnight
as usual,
TABLES FOR THE ABOVE MAY NOW BE RESERVED.
THE HONGKONG
SHANGHAI HOTELS, LTD.