NEW ADVERTISEMENTS
THE OXFORD AND CAM.
BRIDGE SOCIĘTY.
Tby played on Wednesday, Nov- THE Annual Varsity Match will amber 23rd on the Bong Kong Cricket Clab ground, by kind permission of the Committeo, Tilia 12.45 p.m. sharp— game begins 1.45 pm.
The Society will be at home there to members and their friends at 4 pm. in the Tent, where tea will be served.
[2812
FIR
NOTICE.
IRST'Church of Christ, Bcientist announces that the Free Public lecture on Christian Science by Mr. William Wallace Porter, C. S. B. of New York has been postponed until Thursday evening, December 21st.
(2811
THE HONG KONG JOCKEY CLUB.
FIFTEENTH EXTRA RACE MEETING.
RAFT Programmes and Entry Dforms for he Fifteenth Extra Race Meeting to be held on SATUR DAY, 3rd Decembor. 1032 (weather permitting), may be obtained at the Secretary's Office, the Club House, Happy Valley, the Hong Kong Club, the Sports Club, and the Stables, Village Road
Entries close at 19 o'clock NOON on THURSDAY, 24TH NOVEMBER, 1932.
S. A SLEAP,
By Ordor,
2800]
Acting Secretary.
THE
INSTITUTION' OF ENGINEERS
& SHIPBUILDERS OF
HONG KONG.
A Paper entitled
ARCHITECTURE"
will be read in the Institution
by
MR. W. H. OWEN, AR.ID.A.
On
WEDNESDAY, November 23rd, at 8.45 P.M. Members and their Friends are invited to be present.
[2709
THE RAUB AUSTRALIAN GOLD MINING CO., LTD. (INCORPORATED IN QUEENSLAND).
NOTICE OF DECLARATION OF THIRD INTERIM DIVIDEND.
JOTICE IS HEUERY GIVEN
NOTICE Third Interim Dividend
HONG KONG DAILY PRESS, WEDNESDAY, NOVEMBER 23, 1932.
FOSS CHOCOLATES
A SWEET THOUGHT AND A SWEET GİFT Ï DELICIOUS ASSORTED ONOCOLATES IN A CHRISTMAS BOX MAKES A WELCOME PRESENT. AND THE NAME FOSS ON THE COVER MEINS AN IMMEDIATE EXCLAMATION OF A JOY FROM THE RECIPIENT.
WE HAVE JUST RECRIVED A NEW SHIPMENT OF THESE FAMOUS CHOCOLATES. PLACE YOUR ORDERS NOW FOR CHRISTMAS DELIVERY.
TRUE VALUE "SUPREMK"
E
7.50 ..10.50 “QUALITY ASSORTED” 5.50 "FIFTY-FIFTY"
"CHESTERFIELD
... 7.50 5.50 'QUALITY FIRST "
'... 5.50 "OPEN END"
5.50 "POPULAR " 5.50
"CYPTHIA SWEET"...10.50
"PREMIER SPECIAL" 5,50
A. S. WATSON & CO., LTD.
HONG KONG & KOWLOON, ESTABLISHED 1841.
Editorial and Business Offices: 11,
Ice House Street. Tel. 30251.
Night Editor (Wanchai Office):
Tel. 24511. London Office: 53; Fleet Street,
E.C. 4.
The Daily Press.
HONG KONG, NOVEMBER 23. 1832.
merce
CHEAP MONEY
HAPPY VALLEY HOLD-UP
VERDICT OF NOT GUILTY”.
Eugenica.
DEFENDANT SENTENCED
ANOTHER COUNT
ON
News and Views
It is just an blameworthy to have too many children as it is to have too much drink.-The East Ham Corner?
The New Superstition.
To most of us to-day science is a vast collection of mysteries which we take on trust from those who are competent to tell us about them. This, in fact, is an age of super. stition if avor there was one.-Mr. Martin Armstrong. ·
100 Years Royal Regiment,
Everest Flight Planɛ.
The centenary of the granting by The Marquess of Clydesdale is King William IV of the title likely to leave England this month
Royal" to the Royal Warwick-
shiro Regiment was celebrated by for his attempt to By over and the 2nd Battalion at Inkermann round Mount Everest. Barracks, Working, last month, whon the Colour-was trooped.
The Colour was that presented to the battalion on October 13, 1858, at Gibraltar.
General Sir Robert D. Whigham, Colonel of the Regiment, took the salute.
"Baby" Oycle's 100 m.p.h.
Lord Clydesdale will use the Vic kers' Vespa machine in which Cap- tain Uwins recently set up the world's record altitude flight of 43,806 ft. Everest is not much more than 20,000 ft. high, so the aviator will have plenty of `reserve power. At no time is it proposed to fly the.
A. verdict of not guilty was returned by the jury in the cass in which two men, Chu Fuk and Chung Yee were charged before the Puiano Judge. (Mr. Justice or Wood) with robbery by two more at Happy Valley.
Among the witnesses called yes- terday was Tsung Koo Foon, the girl who Was with Lum, the architect's clerk when they were attacked on the night of October 4. The girl said she was here on a
at 100.41 miles an hour. visit from Japan. On the night of
Archer completed two oircuits, August 4 her.cousin called at her house at 7. o'clock and naked her grows more civilised he will be less breaking the record on sach. to go out for a walk, When they and less subject to the instinet for his second lap he reached a speed aerodrome at Puraca, 160 miles dis-
got to Happy Valley, he suggested that they should run, which they did. After running for about a hundred yards, witness folt tired and sat down to rest. The two had some conversation which lasted nhout half an hour and at the end of that time a man in white came up quietly. Witness did not think he was a robber. The man came from their left, while at the same time, two other persons, dressed in black, came up from their right.
One of the men in black seized her by the wrists and attempted to search her, but rather than sub- ait to that she took out seventy cents which she had and handed it to the robber, together with her wrist watch and ring. Meanwhile the other two men searched her
Lousin.
Progress!
L. J. Archer, driving 250 cc. muline "all out.". It is estimat According to British manufac New Imperial motor-cycle, broke turers, though there is a constant three Brooklands records, the first ed that it will take 45 minutes 10 demand for the rougher kind of being the Class A motorcycle (250 reach a height of 35,000 ft., and .50 walking-stick, the dardified to c.c.) record. He completed a lap minutes to fly over and round the stick will soon be unknown. has also beca suggested that as man
clinging to a branch!
The Law's Delay,
It
On!
mountain.
The base will be at the R.A.F.
of 100.91 miles an hour. This is the first time a 250 c.c. machine has tant, Special permission has had to be obtained for the machine to roached 100 miles an hour.
Archer then went on to lower y over the forbidden territory of other records. Still averaging over 100 miles an hour, he smashed the the Mabarajah of Nepal, who, of 250 c.c. five kilometres and five all the Indian Princes, is the most miles records. Over the five kilo- nearly an independent sovereign.
With the reopening of the Bri tish Law Courts for the Michael- mas Sittings the problem of cases in arrear becomes more than ever
Five hundred cases are in arrear' metres he averaged 100.38 miles an serious, says. Home paper. in the King's Bench Division, and hour, and his spoed over the five 330 new cases have been added to miles was 100.32 m.p.h. the list. There will certainly be nj next sittings when the courts risa heavy carry-over of cases to the for the Christmas vacation.
The authorities have the whole legal system under review, but announcement can be expected, be- fore the New Year at the earliest.
Shorter Long Vacation?
Among proposals under conside After the things had been taken away from them, the robbers said: ration, is the shortening of the You may sit down now no-one Long Vacation. When, many years will molest you." The men thenago, this device was tried it was a success from the point of view of witness was walked away and shown the way home by her reducing arrears but met with con cousin, whe proceeded after the siderable opposition from the legal
robbers,
The first defendant, Chu Fuk, when asked by the Judge whether he wanted to question the witness made a statement to the effect that he was walking round the
course and on both occasions when he passed the couple, the man had his arm round the girl. "If they were not in that position," he said she would not have yielded up her watch nad ring "
Witness denied that sho. wAS sitting in the position indicated by the accused.
three headings-long-term, medium term, and short-term borrowings The first class of loan is the Funded Deht of which the now 3 per cents. and the old -per cent. Consols are examples, that is to say, the ordinary stock held by the ordinary rentier. The two latter classes re present the more or less temporary acconimodation needed by the Gov-
Second defendant Chung Yes, ernment. These are called Treasury said that there were a member of Bonds (generally repayable in a people walking on the course that few years) and Treasury Billsnight and he was one of them. (which are repaid in a matter of a few weeks or months). This class of lending is made by the foncy
Evidence was then given by three mon of the South Wales Borderers, and by police officers."
After his Lordship had summed up, the Jury returned a winnimous Is the world of finance ami com-Market, e, by the banks, discount verdict of Not Guilly" and his compensating houses, ote. It is quite a profes-Lordship after discharging the men "therg
his views. of Six Pence per share (now Five factors in situations which, on the sional business, but the fluctuations aid the verdict, was in accord with The first defendant, who was Shilling Shares) on account of the surface; appeur wholly bail. There of the rate of interest have' very financial year by the Directora of ro indland several good points wide repercussions on industry and then charged with retuming from
ending 31st March, 1933
banishment pleaded guilty and was Rentenced to twelve months hard Inbour.
has been
the
on
about the present univerant trade in Brisbane, payable to
the Registers at depression and perhaps the most Brisbane and Singapore on Thursday, important of them is the enrrent 15th December, 1832.
Notice is also hereby given that cheapness of money. The cause for the Singapore Transfor Registers will be closed from Friday, 9th December this is fairly obvious, but for con-
to Thursday, 16th December, 1832 venience may be restated. When (both, rays inclusive), for the propera-trule is brisk the trader can gen tion of Dividend Warrants.
By Order of the Board,
DERRICK & CO., Chartered Accountants, Local Secretaries. HONGKONG BANK CHAMDERS,
SINGAPORE, 12th November, 1832, [3793
THE DIOCESAN BOYS' SCHOOL.
P. O. Box 33. TELEPHONE 57777.
finance generally.
í
TRIAL DELAYED
LATE JUROR REPROVED...
On 11th of October the Bank of England on behalf of the Govern- inent announced an issue of £150 millions of Two Per Cent. Treasury Bonds at par. These bonds were to be repaid at the latest in 63 years' erally foresee how his business could time. The object of this issue was expand if he could increase his hold to pay off existing Treasury Bonds The Waller trial was delayed ing of goods, or, if he is a manufac bearing a rate of 4 per cent, also yesterday morning by the belated appearance in court of Mr. W. S aamail balance remaining of a 4V, Curtis, one of the jurors in the turer extend his plant. Hence his re- course to the banker for loans nnd, per cent. War Loan Although new cash was invited, the issue was in as his neighbours are of the sanc mind, the price of accommodation reality a conversion operation, for is forced up. At the prestat june: the holders of the existing bonds ture, after two or three years of and stock were invited to convert wide-world depression, the demand into the new bonds and given a for accommodation is comparatively cash bonus and preference in allot- small. Money is hunting! for investment. The issue was an immediate
HEADMASTER-G. B. I. SARGENT, ment and the price of it is low. And, at the present moment, even when an investment outlet for idle money is found at the low rates
M. A. (CANTAD). THE Now School Year starts on Monday, 28th. Now boya, teats will be held on Friday, November 25th, provailing there is also a consider at 8.00 am. Prospectus, entry forms able feeling of insecurity due to and all particulare may be obtained the uncertain outlook. from the Headmaster.
[2786
THE FANLING HUNT AND
RACE CLUB.
NOVEMBER MEETING.
P
success and the subscription list for cash applications closed within an hoar of its opening.
caso The delay called for a severe criticism by the Chief Jus tice, Sir Joseph Kemp.
The Court was due to commenco at 10 am but Mr. Curtis did not arrive until 10.15.
The Judge:-Mr. Curtis, I un- derstand you were lato.
Mr. Curtis-I am sorry, your Lordship,
་
profession
Spain Since the Revolution.
The only danger will lie with
the peculiar atmospherics and wind currents which the nature of the mountain will create.
It is proposed to make a com- plete film of the flight. The clothes and cameras of the flying men will be electrically heated..
Two British experts on foreign affairs, who recently made an ex- tensive tour of Spain, a country they know well, are most optimis tie about the future of the Repuh lic, which is settling down as well as can be expected, There is some unrest in the South. The NorthEarl Winterton's "Leadery," with the exception of Barcelona, is It is erroneous" to assume
Earl Winterton, former Under that every Spanish priest is a quiet.
fonarchist or that since the revo, Secretary for India recently creat- lution the Church has lost its ined something. of a sensation by say- uence. Of that influence the twe ing that there are four mon in the visitors, as they motored through British Government, the youngeat the country, nad irrefutable evid- once.
Town Without Talkies.
38 and the eldest 60, any one of The principal of a well-known
whom would make an excellent leader of the Conservative party. firm of solicitors said:"Shorten the ten weeks vacation by two weeks," he said," and ten more Late one evening they arrived at He rules out Mr. Chamberlain, who working days a year are available, Burgos, a cathedral town of 30,000 is 63, Lord Hailsham, who is 80, since the judges sit from Monday inhabitants, and sought out the ho- and Sir Samuel Hoaro, who is 52. to Friday. If the 18 King's Bench tol manager. Could he recommend In the Cabinet there are only three judges sat for the extra ten days to them the best cabaret? He could possibles, Mr. Walter Elliot (44), 180 days' more work would be done not. There was no night life in Sir P. Cunliffe-Lister (48); and Burgos. The best cinema, then Mr. Ormsby-Gore.. (47). The only The opposition when this Another shake of the head. There man of exactly 35 in the Govern- in the year. scheme was previously tried arose were no cinemas in Burgos. "Ah!" ment appears to be Captain Eden, because a busy solicitor uses the said my friends, "the revolution" the Under-Foreign Secretary, but. ten weeks' vacation to go through "No," the hotel manager replied; nearly a score of junior ministers his books, make out bills of. coal, "We've had none sinco 1923. The come within the age limits. Sir and clear up all outstanding mal Archbishop does not allow them." Kingsley Wood, at 51, is outside; tors. Believe me, ten weeks in not At Burgos, too, they were waited so, too, is Sir Thomas Inskip at too long to do that when the ne- on by a young pensant girl, so se Curiosity stirred in this way beautiful that my ought to. bo gratified. Lord Win- ssity of staff holidays is taken strikingly
Spanish-speaking friend was con- terton might disclose his selections, into account.'
Meanwhile the position which has strained to tell her that she was and let other members add to the to be faced that it is now almost the loveliest woman he had ever fuh by making four choices of their impossible to get an action of any seen. The girl showed neither plea own. There is no reason why the substance tried within twelve sure nor resentment. Bho merely field of selection should be con- months of its being set down for said, "And what use will that be fined to members of the Govern
ment. to me in Heaven ?" hearing!
Local and General.
The Ben, Line s.s. Bengloe, from Home ports via Straits and Manila, is due hère on the 20th inst.
Dr. and Mrs. W. S. Tso, of Hong Kong, who have been making a trip up river, returned to Shanghai by the I.C... Suiwo.
7
A Chinese woman fainted as sho was descending the stairs of her home at 03, Shanghai Street, on Sunday, and received fatal head in- juries. She died on Monday morn- ing.
www.m
Mr. Fred Keller, Far Eastern representative of Automatic Light You are the only one who made Control, Ltd., gave a demonstra a mistake. Did you make a mistion recently at Penang of the new take in the time-No. You see I system of Tining Horse Races, by am the only European on the staff | light rays. of my firm, and I spuld not get away.
In future you must be here ia time. People sitting on Bjury should show respect to the Court.
This is a very remarkable resalt of the low rate of money and scoms to show that the money market holds the view that money is likely to remain cheap for some time to come. A rate as low as 2 per cent. the country offers more scope for cannot be palatable to bankers and reduction of taxation. Next, st the other professional dealers in credit, same time all gilt-edged and prior charge accurities have risen in value, for it is in the neighbourhood of making very liquid the resources of their administrative expenses. But the banks which have such large the present superabundance of holdings of those securities. Since short-term funde compelled the ac the conversion of War Loan was
The death occurred last week of The management of Exchange the Rev. Yui Kuo Taing (Ya Tsung Restaurant inform us that owing to Chow), founder and president of the great success of the concerts the Independent Christian Church given by the Band of H.M6. of Chine, and one of the oldest Suffolk, it has been decided to ex- Chinese ministers in Shanghai,
periment with a concert next Sun- day evening, to be run on the same lines as the Orchestral Concerts The wedding will take place short- which have been held recently at the ly between Mr. Kennedy Stuart Peninsula Hotel. Anith, broker, residing at the Hong Kong Club and Miss Helen Edith Ann D'Arcy-Gwynn, en route for Hong Kong por s.8. Ranchi.
+
A purse containing among other things, some foreign notes to the approximate value of twenty-five dollars, has been handed to the A Concert of Vocal and Instru- manager of the Sincere Co., Ltd., !mental Music will be given at the by one of their employees who dis- Helena May Institute on Thursday,, covered the lost purse late on Satur- December 1, at 5.30 p.m. Members day evening. It will be returned wishing to reserve tables for tea, to the owner on application at the ed a correct declaration of the con- please telephone Matron 22100, Manager's Office, Bincere's provid-
tents.be given
Apvr.
Pleading guilty before Mr. Justice
In view of the success achieved Sentence of six weeks hard Wood at the Criminal Sossions yes by the Shansi provincial authori labour was passed on a Chinese who terday on a charge of assault ties in connection with the employ- was convicted on a chiage of house. with intent to rob at 423, Lock ment of soldiers for road building, breaking at Wing Lok Buildings, hart Road, Au Yeung Sing and To the National Good Road Associa Kowloon. The defendant had two Tan Ko were each sentenced to tin has despatched a letter to
three years' hard labour. previous convictions against him."
A Japanese living at 25A, Ken- nedy Bond, was hitten in both lege by a mongrel owned by a neigh- bour on Monday, and had to go to hospital for treatment. The dog was removed to the Kennedy Town observation depot.
coptance of this low interest. How completed now industrial issues, Mr. John H. Hunt, Secretary of
General Yen Hai Shan, former chairman of the Shansi Provincial A paper entitled "Architecture" Government, asking him to send will be read in the Institution of the Association a copy of various Engineers and Shipbuilders of Hong road building regulations adopted Kong by Mr. W H. Owen, by Chansi authorities so that these... A.R.I.B.A., to day (Wednesday) at may be distributed among the 6.45 p.m. Members and their friends governors of other provinces for are invited to be present.
their guidance.
There is one horrower, however, whose demands remain constant, or even tend to increase, in periods of trade depression. This is the British Government and at precnt all those seeking employment for idle money, combined with the PECIAL Train leaves Kowloon maximum of security, are only too
The Medical Offeer of Health To assist in the organization of 1.05 pm. Returning 0,00 First Class Return Fee of $2.00 glad to place their money on loan low interest has now eunk is illus now permitted, have in all cases
trated by the fact that Treasury been heavily over-subscribed. It is the Y.M.C.A., will speak at the Y's reports that the following cases of an aviation squadron for the 10th includes admittance to Race Course. to the Government. One must go Bills have recently been bid for at calculated that ovon the last smaller Moa's Club tifin on Thursday, the notifiable disease were recorded last Route Army under General Tsai Two buses of the China Motor Bus back many decades to find a period under ten shillings per cent. To conversion has caused a rise in 24th November, at Messrs, Lane, weckDiphtheris, 2 (1 fatality); Ting Kai, Chinese residents in the Co. will leave the Star Ferry (Godown Entrance) on Sunday, 27th instant when the British Government was stem the tide of such unromunera fixed interest had gilt-edged securi- Crawford's Restaurant. The subject enteric, 2 (1 fatality); meningitis, Philippines have decided to donate, There were 58 deaths from tuber This aunouncement was made by one at 10.45 a.m. and one at 11.00 a.m. ahlo to borrow at such a cheap rate tive low levels the principal British ties of more than £400 millions of Mr. Hunt's speech will be "By (1 fatality); puerperal fover, 1. ten sirplanes to the famous army.
banks recently agreed not to tender Monty is being forced by such Way of Understanding."
culosis One case of puerperal fever Mr. Esu Pu Chao, who, together. going direct to Kwanti Race Cearss;
As now. The success of the five per at a rate less than 12/8d. per cent rises into industrial securities, where:
Admiral Taylor of the U.8. Navy was reported on Monday.
with three other representatives of via Castle Peak, and returning sent. War Loan Conversion Schens. Since then the rate for these Bills the return is greater. This was
Chinese nationals in the Philip
The Fare thero and
burdened with redeemable loans the local "Foreign Community were Mr. H. Bos, Chinees Secretary of pines, who arrived in Hong Kong figure. entrance to the Race Course (Publlants that have flowed from this
on their way, 'to Amoy, Enclosure), will be $3,00,
It is now time to ask what is the (dobentures, etc.) to reduce their guests at a lunchron given in the Netherlands Legation in Pei- recently Admission Publio Enclosure $1.00 will now bo dealt with briefly, affect of these conversions on trade overhead expenses by making their Canton yesterday by Chairman Lin ping, who was formerly Netherlands Mr. Hou declared that the over- Barvica Men in Uniform half price.
generally Without attempting to own. conversions to lower interest. Yun Kai of the Kwangtung Pro vice-Consuls and Mixed Court Asseas compatriota, aroused to the' First comes the new low record place the results in order of im In this manner the plethora of vincial Government. In the even-sessor in Shanghai, has been tem present national danger, are deter- THOMSON & CO.,
established for borrowing by the portance it may be said, that money caused by bad trade willing the admiral and high officials porarily transferred to Hong Kong mined to do their share for the Chartered Accountants.
Treasury. It may be explained that saving of over £30 millions eventually work itself out in the of the Government were entertain. pending a successor to Mr. M. J. country. A contribution of 8900,000 annum on the debt-charges of promotion of trade by the loweringed to dinner. By Bit. JW Bullag van Schreven, who has been made has been made towards nationals
-defence-Kuo Min:: tine, American-Consul General, Chargé d'Affaires in Bangkok: [2802 Government borrowing falls under (Continued at foot of next Column) of the expenses of production.
after the laat race 2ding a widely known. Certain economic advanced--somewhat on this enable in turn those companies and staff and prominent members of
Becretaries
•Pro