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22813. MARIXAXA OLVAXFX¤ HONG KONG, MONDAY, SEPTEMBER 1931. - CAN BEЯ Price Single Copy, 10 cts,
KOWLOON-CANTON RAILWAY.
TIME-TABLE.
On and after MAY sro, 1931, until Farther Notion (all previous
STATIONS
Time Tables ancelled
UP TRAINS.
Na) No No " | No. | No. | No. No. #204 10 8 13: 1+16) · 250),
ARANG
„Dep.) 8.40) 8.08 8,26
Dep. 6.45 Dep7.00
IM
Taipo
Depi 7.14
Dop.) 7.10
Fant
Dep| 7.80] **
7.85
Sha
Canton
Cantos
Fanling
Taipo Ma Taipo
Staen... -Yadmatk....
·Kowloon,
STATIONS
7.41 8.44
400 4,41 8,83) 7.40:
4.48 5.48) 7.48 [8,025,56) £.00% 15 0.08 8.18 5,106,19 8.17
9.18 10.18 12,00 1,18 2,38 -9,26| 101,98-19.08 1,26). ... 9.87 10.03.13.20-1,38) *** 9,69|| 10.50 12,88 1,51 KW
· 9,67| 10,54 12,87 1,35 (*** -10,00 11,04||19,47 2,05, ** ... | 4,99) 6.32|8.77 6.0516.34 11.09 13.52 £10 3.14 (1... | 8.84) 8.81 9.11 10.25 11.15 12.58 3.10 3.30 4.43 8.40 6.89 8.38
Fin
5.40
·DOWN TRAINS
No. No. No. No. No. No. No.:|No. Noi | No.
1.8 7
15 17 19 21 | 18 | 28.
AM. A.X. AM | AMPLE EM YM: FM, FM: TM.
!
7.50
£15)
7.17 8.03 0.55 1054 11,88 285) 4.28|6,10-7.01|7:11
7.848.10 10.08
11,45 2,42. 4.80 0.17
7.298.14 10.09
11.50) 2.48 4.85
140823 10.18| ...
12.01 32.50 4:45
Dep. 7.46) 8.80 10.23).
Dap. 7.58 8.4810.20
17.18
19.08.02 4.60 | 6.30 ....
12,208,15 4,02 16.40) ....
.Dəp:| 8.11; 8;55||10,45|; **, |12.82 3,87). 5,14|7,01| tai Fou
„AFT. 8.17: 9,01||10,54 11.12 1998) 8,38): 8,20 (7,071
✪ Sundays and Public Holidays only..
* For First Class Passengers only. Will stop at any station on requent.
■ Sundays and Public Holidays exospted.
Farther information may be obtained at the Railway Offós, Kow- Ipon or Cuntan, from Messrs. Thos. Cook & Bon, Ind., Hong Kong, The Amaraian Express Co, Hong Kong, or The China Travel Service, 8 Queen's Road, Hong Kong.
By Onder,
GEO. A. WALKER, Manager,
BRITISH SECTION, KOWLOON-CANTON RAILWAY
HONG KONG, CANTON AND MACAO STEAMERS.
JOEST SERVIOS OF THE HONG KONG, CANTON AND MACAO STIAMBOAT Co., LTD., AND THRÛHINA NAVIGATION CO., LTD.
HONG KONG-CANTON LINE. SAILINGS From HONG KONG-Daily at 8 am and 10 p.m.
(Sundays 10 p.m. anly)..
SAILINGS From CANTON-Daily at 8 am and 480 p.m. (Bnudays 4.30 p.m. only),
HONG KONG MAUAO LINE,
SPECIAL SERVICE, SAILINUS From HONG KONG-Daily at 8 am and 5.30 p.m.
(Sundaya 9 a.m. only). BAILINGS From MACAO ---Daily at 3 am, and 2.00 p.m. 2.
(Bandays 4 p.m. only).
BANK HOLIDAY EXCURSION
47TH SEPTEMBER, 1991.
8.8. "SUI TAI”
From HONG KONG 9 AMBA From MACAO 4,00 P.M.
SPECIAL SALOON FARES.
WEEK DAYS.-Single: $3.00 Beturn 1 $5.00.
SUNDAYS and EXCURSIONS-Single: $1.50; Return 134,00. NOTE-AU Steamboat Company's Bosmers are fitted with Wireless,
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DIARY OF LOCAL EVENTS.
Today, (September
Bank Holiday
Labour Day (U.B.A.).
Fencing.Hong Kong Fencing. Club Mock, 0.15 pm.
Ping Pong.-Junior League, In- dian R.O.. Congregation A. (Con fucian A.); University v. Eastern (Confucian Association).
Queen's Theatre: "Pardon Us.. World Theatro: "Disconsolation" (Chinese 61m).
The Trial of
Star Theatre:: Mary Duggan.”
King's Theatre! Kick In! Central Theatre: Up Pops the Devil
THE FLIGHT OF GOLD.
AND THE MYSTERY OF FOREIGN: EXCHANGE
RECENT ANGLO-FRENCH ACTIVITIE
EXPLAINED.CO
In the past throo weeks the Bank, going on holiday to France are only of • foreign exchange.
of England's stock of gold has day a detail
day been in fresh danger, and Money for tourists is a tiny retail about, £32,000,000 of it have been section of the market. The real drawn to the Continent, prinsipally substance of foreign exchange te Frauce writes Mr. Arthur S. transactions is documents which ara Wade, City Editor of the "Even; based on international trade and-- ing Standard," en "August 10 finance and are known as bills of exchange. How many of us hava worried over the classical, and ab struse, definition that foreign ex- change in the system by which com, mercial nations discharge their debts to each other! The principal medium is the bill of exchange
Useful Lemon.
Gold movements of auch vast Paul Pedrini and his Royal Zam- amount are distressing, as well as besi Baboons at Prince's Thestra.
Tea Danoe at Lane, Crawford's unusual. They would have caused Restaurant; Dinner Dances ata panic before the war. In the Hong Kong Hotel and Peninsula Hotel.
European Mail-Outward Europe in Siberis (Heian Maru)
noon.
Tides: High at 3.05; Low at 1.13.
Tuesday.
(September 8.) Nativity of the Blessed Virgin Mary:
Rotary Club Tifin, Lane, Craw ford Restaurant l'p.m.
P.W.D. Auction Sale of Crown Land 3 pm.
M.C.L. Swimming Gala, Repulse Bay, 3 p.m.
Meeting of Hong Kong Footbull Association Counell, 5.30 p.m.
Ping Pong Tournament:-Singles Championship n Tang Yin Pang Yuen Wah Cheuk (Fakien A.A.
Queen's Theatre: Pardon Us World Theatre: "Uisoonsolation" (Chinese film)...
"
Star Theatre: The Trial of
· Mary Duggan,"
King's Theatre;," Kick In." Central Theatre: Outside The Law."
Dinner Dances at Hong Kong and Peninsula Hotels,
Еигорела MailOutward Europe superscribed in Siberia: Air Mail Shanghai - Manchouli " (Mencetheus) 10.30 a.m..
Tidea: High at 4,38 and 9.30) Low at 1.07 and 12.90.
Wednesday.
(September 9) Ping Pong Tournament:Singles Championship: Y. Segalen. Siu Man Cheuk (Confucian Associn- tion).
Queen's Theatre: Pardon Us" World Theatre: "Disconsolation" (Chinese film), A
Star Theatre: The Trial of Mary Duggan,
Central Theatre: "Outside The
Law
King's Theatre; "Kick In.". Ten Dance at Lane, Crawford's Restaurant Dinner Dances at Peninsula Hotel and Repulse Bay
Hotel.
Tides-High at 6.11 and 8.10. Low at 2.50.
crisis which followed the failure of the Knickerbocker Trust in America
in 1907 the Bank of England lost no more than £10,000,000 of gold, yet a tremor ran through the entire - population. Bank Rate went up to
British
tourists aro annoyed when 7 per cent, and the whole of the they find that their ten pounds ster- money rates of Europe ascended. ling fetch rather fewer franes or
dollars than they had
hdy had expected. A Deep Impression.
But this fact is a small lesson There was, of course, less gold in which gives us an insight inte the world in those days, and we foreign exchange rates Precisely had not then had the experienos the same thing has recently happen of a European war and the finan-ed in the big foreign exchange denis cial dislocation it entails. A loss between banks and international of gold which to-day would be een financial
houses Francs trave sidered, moderate would, before the grown dearer and dearer to the pur war, have shattered confidence in chaser who wanted to pay for them the money centres
with pounds, had it is that fact which has been the immediate cause for so many millions of gold leaving this country for Frange.
Even now, bun odh nervos have been hardened by bitter experience, the enormous loss of the past fort night has made a deep and depres
Alas! one "important rehson for, sing impression. We have all been all this-the strengthening of franes, wondering exactly why the contin- the loss of gold and all the tur ental demands for gold arose; what moil which is associated with it is machinery was set in motion to at the prosent time international cause the precious metal to leave debs rather than international strong rooms here, take to the air trade. We need even to refine that plane, and come to rest in strong statement and to any that it is the rooms in the Bank of France in precise form of debt which has been Paris
Fallowed to 'grow up between“ Lon- don and Paris and other centres. I want to deal with Paris only
It is hard upon as that such an Inquiry leads into the labyrinths of foreign exchange have hoard
France has been a very wily fin several Chancellers of the Exche ancier. Unlike this country, which quer, including Mr. Snowden, con has lent united sums of money, fess that this subject is the most in abroad for ten to twenty years or comprehensible and tantalising that more, including some such lasne to they have encountered. No wonder, our ally across the Channel, France Present a question to bankers upon has kept her increasing resources specific foreign exchange movements in a form in which she can get and, as like na not, one will get nearly as many different replies as there are bankers. And all the replies will be reasonable.
However, we all know that the dends in franes which we make when i
at them quickly. Her deposits and short-term loans abroad amount to over £200,000,000, A great deal ol thie money was lodged in London, some say he much as £90,000,000 up to two weeks ago.
(Vontinued on Page. 5.)
TEA DANCE
THE
HONGKONG
PENINSULA HOTELY HONG KONG HOTELI REPULSE. AI HOTIL PRAK HOTEL.
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SHANGHAI
ASTOR HOUSE HOTEL? PALACE HOTEL;:
HOTELS,
LIMITED.
IN ABBOCIATION WITH TEN- GRAND HOTEL DES WAGONE LITS, PEPING.
Per Month. 33.
THE HONG KONG SPORTING
ARMS
TION STORE
D-6, BEACONSFIELD AROADE.
· Sporting and Atklatie Goodis Sta. Morio Camarat and' Accessories Hunting Wear
Pe Shooting Equipment
The Only Hotel in CANTON
Directly under European
THE VICTORIA HOTEL
SHAMBEN
Guides
and Trips arranged for
and Special Care
Taken of TOURISTS.' Cable Address :. " VICTOR ZA
Courtesy, Comfort, Service and Luxuries of Modern Hotel Constraction
THE HOTEL RIVIERA
MACAU
Cable Address “ Riviers, Macau."
AN INVITATION.
You ar Cordially Invited to
TIFFIN IN
THE FIRST FLOOR DINING
ROOM.
$30.00 TIFFIN TICKET
good for 45 DAYS
Entitles you to our $1.25 tiffin in the 1st floor restaurant, where you entertained by a classical orchestra.
YOUR GUEST CAN USE ONE OF YOUR
TICKETS.
ST. FRANCIS HOTEL.
HONGKONG HOTEL BARBER SHOP
NOW SITUATED
GLOUCESTER BUILDING
LANE, CRAWFORD'S VIC
RESTAURANT
EXCHANGE BUILDING).
TO-DAY
ALSO
Wednesday, September 9th
Friday,
Sunday,
Monday,
11th
13th
14th
ENTRANCE
From PEDDER STREET through SOUTH ABOADE GLOUCESTEN BUILDING between premises occupied y the COLONIAL DISFINSARY
SENNET FERRES.
new establishment is replete every modern hygienic appliance
necessary for..
enience of
röns:
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