Sports News
,
TENNIS DOUBLES 146, 1-4 0-1 and 81.
FINAL
RUMJAHNG WIN IN POOR DISPLAY
*RINCHER'S BRILLIANCE
UNAVAILING.
«DISTRIBUTION OF FRIZES.:
At the cqnelision of the match. Miss Hanoook graciously distribute. jed the prizes to the winners of the
various events.
THE MERCANTILE BANK OF INDIA.
POSITION SOUND BUT DIVIDEND HAS TO BE REDUCED.
CHAIRMAN'S REVIEW W OF INDIA
AND FAR EAST AFFAIRS.
the Thirty-ninth Annundencies the shipments question Prior to the distribution, Mr. R. General Meeting of the Sharehold-having gone chiefly to the Coutin Hancock, President of the Hougere of the Mercantile Bank of ent, but also to Amerion. As Kong Cricket Club, addressed the India, held at Winchester House, have said, conditions in India are gathering. He woke med Miss Han London, on Tuesday, the 22nd day rodeoted in the trade figures for the cock on behalf of the Committee of March, 1932, Sir T. S. Catto, past year. As compared with 1930 Bart, the Deputy Chairman, said the exports of merchandise show, a Hong Kong might have had two
The Chairman, in opening the decline in value of £82,000,000 nt, and | £127,000,000," "and at £101,000,000- new doubles champions yesterday and members of the Club for com
impurbs..
by layo fallen C. Fincher had been partnered in to give away the prizes. He proceedings, said Ludios
said that the "mutch they had just gentlemen, I am sorry to say the the by astoudier player than fold-witnessed was a fitting climax for Chairman is ill and it will be my £38,000,000. The imports of silver privilege to read his speech to you were only £5,000,000 against mag in the final of the Open this tournament. Although the on-and my duty afterwards to answer 20,000,000 in 1000, while fustead of Doubles. They were loading by two tries fell only a little short of those any questions that may be put to nearly £1,000,000 of gold imported me The Chairman's address to you in that year there were not exports, sots to one, but failed to press home of last year, they had been "able to
is as followe
fof $25,000,000 last yous. The result their advantage. They wore for
complete the tournament threo At our meeting last year I rofor is that, including merchandise and tunate to find the champions, S. Aweeks before the time of the pre-red to what I described as the bullion, the visible balance of trade and H.-D. Rumjan, dead out ofvious year. In this he thought the said that the outlook for the then was £40,000,000 comparing with world-wide depression in 1930, and in favour of India last year form, and if Goldman. bad been a
weather favoured thom, and apart current your depended upon are £34,000,000 in 1980, but this favour. abale steadier, they might have dis-
from the break of last week they covery, in prices generally. Unfor-able result was due to reduced im the placed the Rumjahns from
had been able to carry out theirtunately, not only has there been no ports of silver and the unusual ex such renovery, but there has been a ports of gold. If the figures relat pedestal, which, they have occupied
programme "without interruption.. further fall in prices and a grave ing to morehandise alone are com for the last weven years.
He mentioned that the Rumjahnworld economic crisis. The suspendared the balance in favour of cousing had now won the
Opension of the Gold Standard by this india declined from £54,000,000 in country is the mast momentous 1930 to £es pou,000 lust your Of Doubles for their eighth year in event in post-war financial history, the export side of the account the succession. They had already wan
It is true that; far, at any rate, value of cotton doclined from two, challenge cups out right, but the depreciation of the pound has 541,000,000 to £24,000,000, raw juts the present ones, presented by the not brought about any material rise from £1,500,000 to £9,000,000, Juts Hong Kong Cricket Club, could not in internal prices in this country, goods from £28,000,000 to £16,000,000, be won outright. Goldman and bus this is at least partly due to ten from £17,500,000 to £16,000,000 Fincher had, he continued, given the reduced purchasing power of and ground nuts from: £8,750,000 to thom a very good run. Mr. Han- our people who, as the result of 127,500,000, these differences being cock remarked that this new com high taxation, are finding it, ces accounted for chiefly by the general bination having now learnt the ary to exercise strict economy. Any fall in prices. Of the imports I tactics of the cousins, would un-tendency to an advance in starling will only mention the figures relat dubtedly be able to do better next prices has been offset to some ex-ing to cotton pices goods and yarn. tent by a fall in gold prices. The shipped from the United Kingdom, Commenting on the Open Singles, tura has reduced the purchasing the value of which fell from he anid that the winner this year power of countries, still on a gold ( £14,750,000, in 1930 to £8,200,000 last "H.D." Loses His Touch.
was 8. A Rumjahn, referred to fa
or gold exchange standard, such as year. Economie conditions were the **H.D. d. not play up to his the Press as "Sirday" and known the Dutch East Indies and Sium. main cause of this, but the boycott the best doubles ou the Hong Kong Cricket Club The fall in prices resulting in loss of Buitish goods partly contributed, putation &
courta as Smiter." Rumjahn, he of purchasing power and confidence as imports from Japan did not fall Mayor in the Colony. For some went on, had been a consistant peris, of course, at the bottom of out to nearly the same extent: But, it inexplicable reason, he lost his former in this avent ever since troubles, and it is difficult to select is the Bombay cotton mills that feel touch, with the result that his vol joined for the first time when a fad the chief cause of this I do the competition of Jupanose goods of 13. Ho had figured in the semi-not think it is due to monetary, most in spite of the fact that they toying, his strongest, weapon of atfinale ten times, and this was the causes or that monetary policy can are protected to the extent of 25. tack suffered His smashing, top,second occasion he had won the control the world price level, and per cent. It is, of course, natural as usual championship. E. C. Fischer, the certainly not in the absence of that the Cotton Industry, the moat Wax not as accurate
runner-up had figured five times wide. international co-operation important in the country and which ́" 3.A." could not be recognised, as the semi-finals and for the last There are those who adcounts for so much on the Bombay the player who swept Fincher of three years entered the final
vocata a otra to bi-metalism side of India, should feel the effects: for the purpose of enlarging the of the economic depression and the his feet in the final of the Open Hancock hoped to see him do better Singles, so badly did he play. He Touching on the Club events. Mr. basis of credit, raising prices, and, disturbances created by the Con- secred several winners, but these Hancock said that Goldman had they oy thereasing the purchas- gress Party The Calcutta juto did not balance up the points he won the Club Championship, besting power of China and other conn-milla had not to face such a bosvy tries, But here again, a wide in fall in the price of jute as in the ing Sullivan, to whom ho lost last
would at previous year but, as the rosult of Jost. He was also guilty of "poach
The Rumjahna bed a very narrow shave. They were playing awful tunnis except for flashes of bril lanec, and on the whole, produced only a shadow of their true form Fincher was the most brilliant man on the court, but he did not receive sufficient support from his partner Despite this, they took the clam pipe to
the full distanes, and with more luck, might have carried off the championship.
ing.
17
21 on several occasions.
H
Although Fincher was easily the best of the four, the Rumjah cousins kept on feeding him instead of concentrating on Goldman, who, was not particularly happy. This, in a way, protracted the game, which the champions might have won more easily if they had made Goldman their target...
The Rumjans won the first set. not thaough any brilliance of their : own but through Goldman's in- ability to strike his true form. Except for a few possing shots, for which he was deservedly applauded, hey did not give Fincrer adequate support. 1.
VGA) Brilliant Smashes. *
year:
next year.
Greon winning
the
Mr.
year. He was glad to see "Sanumyternational agreemont
least be necessary, and at the pre poor demand for their manufino Kandicep sent tine particularly it would be tured moods, stocks accumulated and Singles A."It was, he declared, diffent, if not impossible, to ix a shorter hours of working had to be remarkable for a man of Green'ratio between gold and silver, while į adopted. Then with a further do age to take such an active part in surely the purchasing power of a cline from the already low price of the tournament. "Another old friend, country depends upon the volume to the Companies engaged in this whom they were glad to see, was and prices of its exporis visible and industry had a very lean year. The Col. Lecky, who has been absent invisible. from the Colony for years.
rupes, fluctuated between 1a 5d and 1s. Bid, which was the high With Mrs. Locky, he won the Mixed
point touched in December, the Doubles Handicap.
average for the year being 14. 5.27/32d.
PRIZE WINNERS."
Open Singles.
Winners. A. Tumjahn. Runner-up::-E. C. Fincher.
Open Doubles.
The second set found Goldmna
Winders: R. D. Rumjab and more at enne, and he was responsible S. A. Rumjaàn.
Runners-up-E. C. Fincher and L.. Goldman.
tav some brilliant smashes: The Rumjáhne, at this stage, were guilty of some lind misunderstand- ing, which together with the falling off of their volleying, gave Fincher and Goldman the set at 6-4.
Contrary to general expectations, the champions did uos pick up at all in the third set. Fincher and Goldman had the upper hand in bhis stanza, out-playing the cham Plone in every department of the game. They took, the sot easily, Ponceding only one game.
15
W
India
as
we ILAB concerned we would
In England now
Cowes week is over. Grouse shooting's begun. Already the first plump birds have arrived by 'plane. But grouse is not the only good thing that comes out of Scotland. There is Whisky. Johnnie Walker. Devised by nature and mankind as the right drink to offer at all times
as an essential part of any social function
as the symbol and silent expression of friendship between men.
JOHNNIE WALKER
In spite of a satisfactory, mon. The distribution of prizes thereon, India has had to bear her took place, after which Mr. Han ahare of the world-wide economic
The report of the Central Bank- cook on behalf of the Club presented depression as she depends largely Miss Hancock with a bought upon the prices obtainable for hering Enquiry Committee, to which 1 agricultural products; unfortunate referred at our last meeting, was ly also the depression was accentuat published in September and em ed by the civil disobedience cam-bodies, much useful and interesting paign, the boycott of British goods information. To begin with, so far and the closing of markets, result ing in disturbance and discourage welcome the establishment of a ke ment of trade. Of all this, thore in surve or Central Bank, which would more than sufficient avidence in the be free from political influence and figures relating to imports and ex-confine its operations to the control ports and in the Railways' deficit, of currency and credit, but we can- all of which hava necessitated the not think that a new Indian Ex- Emergency Finance Bill The Gov change Bank in required, and 1pared with 442,000 ions in the pro ernment found it noressary to cut would be a new and dangerous previous year, the respective values be. down expenditure, increase the in-codont for the Government of India ing, say, £12,000,000 and £23,000,000, port duties and raise taxation to provide the capital for such a The shipments of tin amounted to generally, while in addition to sel Bank. As we value the business of 83,000 tons, valued approximately fing Reverse Council Bills to the our ladian customers very highly, at slightly under £10,000,000, which extant of £17,000,000 tu support ex it is perhaps unnecessary for me to compares with 08,800 tons and change large issues of Treasury say that it would be folly on the £13,750,000 in the previous year. Bills at high rates of interest had part of British Banks to discrimin. The total value of all merchandise to be issued with the result that the ate against such good friends in the imported is entered at £52,750,000, Handicap Singles B."
average Bauk rate has been over
matter of making advances and we the comparative Agures for 1986. per cent, and there was a serious certainly do not do so, but we are being £82,000,000, while the corres Winner: C. Clarke (827.). Runner-up-J. V. Jensen (res.depreciation in Government Securi- not prepared to lock up the money ponding figures relating to exports ties. The amount of Treasury Bills of the Bank in Industrial Deben are £40,750,000 and 276,000,000. outstanding" at the beginning of the tures, as it is suggested we should These figures, I need hardly say Year Wha equivalent to about do for that is not good business or apoak for themselves, showing as £40,000,000 which was increased to good banking, either for British or they do the extent to which British £63,000,000 in September and re- Indian Banks. The suggestion that Malaya in feeling the economic dusad. to £45,000,000 at the end of We should appoint Local Advisory crisis. the year. But in the last quarter Boards at each of our Branches
Club Championship. Winner:-L. Goldman, " Runner-up::--A. L. Sulivan.............
Handicap Singles " A.".
Winner:-S. E. Green owe 15), Runner-up :-H. F. Foley r r.)..
416).
:
Mixed Doubles.
The Ruminhne werd phriously worried by this time. They were. kopt op the defensive, and had not Winners:-. G. Lecky and Mrs. yat reaiad thoir mistake in feed-Lucky (scr.).
foliowod by
A
Of China it is always difficult to
of the year, and as the result of seems not only unnecessary but know what to say. It is a land of our forced break with gold, and the might be opposed to the interests of mystery and surprises, but that it
ing Fincher, who was prominent in Runners-up-H. Owen Hughes soyarak long rallien. He was also. and Mrs. Martell Hall (owe 30). responsible for some remarkable ro- coveries, which added to the cham- TODAY'S PROGRAMME. pioos discomfiture. As this critical stage of the game, Goldman cracked Bodikor.
4.15 p.m.-6. A. Rumjaha . Rapee following: Sterling, a marked maar of our Indian customers. has suffered from the world de change in the situation arose as a Then there seems to be an impres pression is natural. In addition up and lost many points by hitting Immediately
consequence partly of the economic son that British Banks are pre- there were serious foods and vari into the net...
depression, but due chiefly to the judiced against sound Indian Inous military operations, all The Rumjahns Deubles :-
which gradually gained the nacendancy
desire to take advantage of the surance Companies This is far interfered with business. In epite and made no mistake with the EO. Fincher and L. Goldman rot to be obtained by Balling and from the cane, as we are always of these disturbing features there fourth set which they captured at Bodiker..
Loung Tak Kwong and shipping gold. The fact that by ready to and do accept the policies was a further substantial increase 30-1
the end of the year shipments of such companies. amounted to £25,000,000, proved of great 'Essistance to the Government,
Tinal Bet,
Throwing all their reserves into the final set, the, Rumjahna did not meet with mach opposition and carried everything before them, allowing their opponent only one
"VARSITY TENNIS.
MEDICALS BEAT ARTS.
Ceylon and Malaya.
in the Facsipts of the Chinese Maritime Customs, which amounted lo teels 248,000,000 last year, and
the offset being that, Government The shipments of tea from Cey-[which compares with teels 180,000,000 was able to reunit £10,000,000 to this lon show an increase in quantity, in 1930, though this increase is alda nt rates rising to is. 6fd. Bingo but, at £13,750,000, a decline of near- largely due to increased duties and i the end of the year these shipments ly 23,600,000 in value compared with the continued collection of these on The first round of the inter-hostel of gold have continued in large the previous year, while the ship-2 gold basis. Then the notion of gps. They were playing better tennis tournament was played of volume, to total since the movements of rubber declined from Japan in Manchuria, resulting in and showing better understanding, yesterday afternoon, when themont started now amounting to 75,000 tons to 02,000 tons and in anti-Japanese boycott, which but still they devas struck their Modionis beat the Arts students about £41,000,000, and this has a value from nearly £4,000,000 to spread to Siam and British Ma usual form. Fincher was steady by reven games to. two. The abled the Indian Government to £1,750,000.
Jaya, and proved of assistance to
right to the end, but his partner Medicals were by far the superior obtain further sterling to..." an The depression in British Malaya, Lancashire manufacturers, inflict. hall long ceased to be dangerous.ade, their players being all in the amount not only suficient for neces where the prics st rubber and lined losses on the importers of the This victory gave the Rumjahns Varsity Drut team. The Arissary requiramente, but to pay of is of such importance, has been even large stocks of Wapanese goods. thair eighth consecutive champion players put up a poor low. ship title in this event.ED." wood hatter for Aaa this wa hi tenth appearance in the Ans of the Open Doublesta
The Fall Booros were
B. A. and H. D. Rumjahn beat
C. Fincher and E. Goldman 64, (Oontinued on nest column.)
The tenons wALG D
Ade Chee
a large amount of maturing debt more acute them elsewhere, and the wide fluctuations in silver alno It may be said, therefore, that so heavy loss have been made The presented-difficulties for those eng fans finance is concerned, the average price of rubber last year aged in the import trade in China' Anderson, P. C. Koh, W.-K. Choa, Ciocerument of India 18 in a much was only about 30 per 16 agahapud at Hong Kong. The low pre C. E R. Clarabut, and F. Intronger position than at any time bid, in 1930, and the corresponding of the metal ruling during the gron- ZimmDTIT
in the last year or two while in-prices-of-tin-£118d $142 Thster part of the year ought to haya Medicals.-F. P. Khoo, H. Neldentally these shipments of gold net shipments of rubber, which given an impetus to exports, but the Lee, Y. KNg, T. K. Lien, L. T. have been helpful in maintaining exclude importa from the Dutch soonomic crisis in Europe and Ride, and G. E. Yeoh..
the value of the in gold our: Best Indies, were 129,000 tons com- (Continued on Page 11)
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