12
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Hayes
Sallere Baler Nominal
::
$1,570
₤101
£14
£31
£14
$73
MONDAY. JULY 20,
Banka
HK Banks
Onareprokers": Association
Expore
Soliere
Salamina
Bo. (London) ... Chartered Bank's
Mercantile Bs. “A”
Do,
Bank of East Axis........
N, O. & S. Barka ...
Insurances
!!!!!
**
$1,570 £101
en
214 #738 $21
Caston Insurance........
:
3280
$256
Underwriters
31
190 cts
Union Insurancon man
152
$489
Chin Fires
5250
H.K. Fires..................
International Assos, 5.
1610 $457 $350
$31
AL
Shipping
$30
Steamboats
$30
Indios (prek) r
$20
Do. def.)
Waterboat
Mining
Douglass
28/11 Shell ma
$224
Balatcoa
Gold River....
(12 cta.) Salscota... ....
!!!!!!
2 t
35
54
Gold Creek.....
19 ot
jet
13
IX.L.
13.10
11/
Kallas ************
***
$0"
*
Explorations
Langkats (single) 8.
de
11/3 $3
FAL
青
Shanghai Loans 8.
***
3101
Raube $102
Venezuela Gold Fida.
·44
Bocks, Wharves,
Godowns, etc
(old)
H.K. & K. Wharvey.
Do.
Do (18)
Providents (uldj
Du. (LOW)...
H., & W, Docks,
13 70 19.30
HONG KONG DAILY PRESS, TUESDAY, JULY 21, 1936,
CHINA'S NEW INCOME TAX LAW
(Continued from Page 10)
reports which alter a short time will have bezonie out of date and
RUGBY FOOTBALL ROYAL NAVY
A CHANGE IN THE SCORING
Special Air Mall Service)
London June N.
THE FIRST CAPTAINS
(E)
(Special Air Mail Service)
London, July 2
will be most producly without act- The Rugby Union at their an- A distinctive feature of the mid- ual importance for the final de-nual meeting in London yesterday summer naval promotions announ- claration. It would, furthermore, unanimously supported the pro-ced yesterday is the advancement facilitate the work of the collecting posal of the committee that the of the first officers to the rank of and supervising organs consider method of scoring be changed, re- captain (E). There are two. Cap- ably in all cases of tax-payers ducing the value of the dropped tains J, B. Sidgwick and D. C. Ford. receiving salaries not the Individ-geal from tour points to three, and both of whom are serving in the ual employees themselves but their a goal from a mark from three Department of the Engineer-in- employers would give a compre points to two, The recommends Chief. They had held the rank of nensive report comprising the sa-
tion will be conveyed to the Tater- commander (E) laries with one report only instead national Board.
respectively. of eventually many single reports.
EXCESSIVELY OPPRESSIVE
While admitting that evasion
ד. י
.
Promotion 11
aince June, 1925,
the
engineer branch is necessarily slower than in the executive branch, since of- ücers (unless appolated to the
post of Engineer-in-Chief of the Fleet) do not rise beyond the rank of engineer rear-admirul, whereas
Another alteration in the Laws of the Game put forward by the committee and passed unanimous- ly concerned Law 16, regarding the tackle. The definition of this law was sought to be improved to ensure uniform decisions by re- ferees. The alteration provided executive officers have the chance that "when a player in possession of the ball is grasped by an oppon. ent and brought to the ground still so grasped, a player should be considered as tackled."
frequently arises from intention ally raised objections and that the $30 20
state has a fight to protect its in- 88/11 terests. the provision of Art. 15 $120 whereby, during the settlement of an objection, the full tax demand- ed by the collecting organs has to be excessively oppressive and may .042 117 cù lead to great injustice, to say no- ching of encouraging undesirable
As regards Law"15, concerning practices. I, for example, the tax
the scrummage, Admiral Royds has been Axed by the authorities
said it was thought that the word- though really inconsistent with the facts and circumstances must the ing of this rule was too cumber- tax-payer, in a case like that, suf-law be reviewed with the object of some, and it was decided that the fer still more trouble by, contrac- ting debts in order to deposit the tax for some time at least (by the by, in which bank?)? Last, but not least, in this connection, there is no provision according to which the tax can be remitted by the col- lecting organs in case of absolute impossibility to pay the tax. question which of course, could still be dealt with in the enforce- ment regulations.
388
$87
1.10
81.10
$1
120 cts.
F5 cta
11:
$t
8. China Motor'à'
10.
Shangaal Dock
S.
34
New Engineerikaß,
$180
$10
Hungkew
Lands, Hotels, and
Bui dings
ה
LOS
SA
18.66
$5,80
14.60
H.K. Hotels
mit
$1
H.K Lands.........
Du. 4% Debentures! 8103
$390
113
Shanghai Landa.......5.
310
Metropolitan Landı...
H.K. Realties.... 24
14
Chins Do ......d.
Da. Debentures.
18.55
Humphreys JAZNENIOR
$80
Chiness. Estate, an
Cotton MLS
JBI
Ewoo
...S.
18.95
$70
S'ha Cultous(uld S.
$30
Da
(DOWS.
174 $38
318
Zoong Sings
$25
Wing On Textiles(S.)
$14
Public UtZOS
$20
$11.00
11.35 11.80
Tramways.***
$11.60
$11.60
181
Peak Train tuld) .......
154
si
Ja, (Dew)...
121
1881
Star Ferries
187
$19.20
$101
37.26
1001
69.15/60
18
$8.30.
225-2
$81
1
31/6 | fractiona
28/.
}
Malabon Sugare
419
Caldbeck, or a
$15
19
Camento
418
$8.00
$3.90
Miscellaneous
$31
$19.90
10
30 cla,
Yapıt Forties.
Chins Lights (old)...]: 1.65
Do. (DBN)... $7.33
H.K. Electrics ................... Macao do.
$50
Saudskans Ligate ... 126,80)
Telephones (old) ........
China Buses Ď
Do. (pres) 10+2)
Industrials
luery or
Macgregora pret.)8.]
Canton Jew
Do.
44
$9.00
#
Dairy Farma **- Amusements ...............
Ch. Etainments....... Constructiona, (old)|
(new) 26 cts.
Lane Crawford.
Mackintosha - Nanyang Tobacco...
Hinceros
146
ཆ
DUIR HU
$19.90
32/.
13
$11
$5.90
$3
131 4:3
Watrous
$3.10
140. or.
W Powella
150) ata.
1:32
31.35
3T
U1X
7%
prem.
1074
par
148
31%
$100
34
$60
$9
*.K. Wing Un S'bai Do Vibro Piling
$45
$52
Greyhounds.....
3. C. Enterprises ........ 93477, Ch.6.5619254.@Bda.
HLB. Qort. 4% Laza
Do.
Wallace Harper
MORE MONEY NEEDED
FOR TOKYO ARMY
Tokyo, July 14.
RINTELEN SENT TO HOSPITAL
("Hong Kong Dally Press” Special) *
Vienna, July 19. According to Information from political circles," Dr. Antón von Rintelen, the former Austrian
A proposal to expend Y3,000,- Master in Rome, who was invol- 000,000 within the next twelve
red in the uprising of 1934 and years specially for the strengthen-sentenced to life imprisonment, ing of the air force and reor- ganizing Japan's armaments. was
submitted to the Cabinet to-day by Gen. Count. H. Terauchi, Wat Minister.
The War Minister's statement also suggested a wide range of national reforms, including:
Organization of a Ministry of Aviation to engage in the develop ment of civil aviation;
Establishment of an organ for the investigation, formulation and control of national policies;
Encouragement of emigration to
was removed from prison to tos- pital for treatment on an urolo- sical allment, from which he has deen suffering for some time.- Transocean New Service.
national health and alleviation of
the burden of peasants.
The amount asked by den Teraucht for special expenditures will be appropriated in addition to the regular Army expenditures, which this year exceeded 1.500, 000,000 and which are generally expected to reach ¥.700,000,000 in extensive invest, the next fiscal year's budget. ments in that country and de-¡ Gen. Terauchi proposes to spend velopment of its industries; and | most of the requested amount 'in).
Manchoukdo,
Stahlilzation of national Ke, the next six years, 1937-43,—— axation reforms, improvement of (N.Ç.D.N.)^
a
As usual in other countries, too, administrative courts will have to decide in cases of doubt or dis- agreement, but it seems absurd to Inflict-according to Art. 18-prin- cipally the same fine in cases of delay in submitting reports as (Art. 18) for concealing facts making false reports though, as a matter of course, the authorities are at liberty to impose smaller or bigger Anes according to the merits of the individual case.
SERVIOUS CASES" NOT
SETTLED
or
¦
Improvement.
Law 17, regarding off-site. also came under consideration, parti- cularly in connexion with the res- triction of the scope of the wing forward. Admiral Royds said that various ideas had been considered, but the committee were unable to put up a proposal which would have this effect.
TO MAKE LAW CLEARER
The Bedford FC, delegate asked the meeting to endeavour to think of some method of making the scrummage law more clear rather than attempt to restrict the ac- tivities of the wing forward, who could not always be regarded as a menace to the game. Mr Green- wood sald that he felt the wing forward would be made completely impotent if the opposing forwards would keep on shoving.
д-
of going on to be vice-admirals ad- mirals, or admirals of the feet. The zone of selection for engineer captain (E) includes officers with from eight to 11 years' seniority as engineer commander or com- mander (E) whereas in the ex-
ecutive branch the zone of selec- tion for captain includes comman- ders with from four to eight years' seniority.
Captains Sidwick and Ford en- tered Osborne as cadets in Jan- uary, 1904, and September. 1903, respectively. They were selected to specialize in engineering in 1013. after their promotion to lieutenant. Until 1925 it was possible for off- cers who thus specialized to revert to executive duties," and these two officers. In common with others trained at Osborne and Dartmouth were included among executive officers in the seniority 1sts. An Admiralty Order of November 20, 1925, however, Instituted separate lists, and excluded engineer officers from the military branch.
In the first term "ot cadets at Osborne there were 56 who com- pleted the training and passed out as midshipmen. Eight of these chose to specialize in engiriearing. of whom five are still serving, one having now become a captain (E). Of the 48′′ who remained in the executie branch only 14 are still serving: six are captains and eight
An important
amendment to Law 28, affecting the try read: The referee shall award a 'try if,
are commanders. The comman- in his opinion. one would
ders have passed out of the promo- doubtedly have been obtained button zone, and so in ordinary cir- for the unfair play or for the un- cumstances cannot expect further lawful interference of the defend promotion, but of the four ing
cont manders (E) three are still within the zone and have hopes of fur- ther advancement.
MEDITERRANEAN FLAGSHIP
The flag of Admiral Sir Dudley Pound, Commander-in-Chief in
It would be appropriate to em- power the fax-collecting organs directly to exact payment and "to inflict fines in the first instance without asking the Courts as pro-
team. Such' try thall be vided for by Art. 20. What "serious awarded between the posts." The cases" are (Art. 19) and which the rule at present states: "Buch try authorities have to decide accord- shall be awarded on a line parallel Ing to rules unknown as yet, are to the touchlines through the place not defined in the law. That in where the ball was when the in- the examination, committees, the fringement occurred.” Admiral tax-payers concerned, Le., in the Royds said the intention of the al- special
of the foreigners, teration was to make the penalty case those too, are to be represented in for unfair play as severe as possi, A. Wodehouse, to the Queen order to do justice to the special ble. circumstances and facts of each individual case ought to be a mat- ter of course.
One may be of different opinion about the one or the other point: but this unavoidably short and summary report seems already to prove sufficiently that the new In- come Tax Law has a great num- be: 07 defects and deficiencies which, however, can still be cor- rected. Otherwise, it would be a pity if this new source of income which the country needs very much and which, moreover, would be absolutely normal and justified.
the Mediterranean, will be trans
ferred from the Barbari." Captain'
since he assumed
Elizabeth, Captain E. L. 8. King at Alexandria at 6 a.m., Greenwich Blackheath made a proposal in regard
mean time, to-morrow. 81x Dudley. to the taking of penalty Found has been flying his flag in kicks, which read; "All players of the Barham the opposing side must retire 10 command on March 20, when the yards from the mark, and, after Queen Elizabeth left for home to the addition by the committee of rent and recommission. The latter the words: "or to their own goal- ship has been working up at Malta, line. whichever is the nearer the and arrived at Alexandria last meeting gave the amendment their approval.
Saturday.
-
LAUNCH OF THE BIRMINGHAM
as well as a possibility of changing son after next. Mr. Greenwood, indirect taxation into the direct in returning thanks to the meet Income tax would be endangered ing for his re-election, paid a tri- by a law illogical, unjust and un- bute to the New Zealand team who practicable as the new Income Tax toured Britain last season. Law appears at present.-
The most successful thing in the tour, he said, was the splendid way in ceremony. which the All Blacks took the hid- ing they got at Twickenham
Alteration to the Laws of the Game cannot be made until the International
The 'cruiser Birmingham will be Board meets in launched at Devonport Dockyard March, 1937, which means that on September 1, This is the last they cannot be put into effect, if of the three cruisers of the South- passed by the board, until the sea-
me. The first, EMS. Glasgow, was ampton type in the 1934 program-
launched by Mrs. Baldwin on June 20; the second. FMS, Shef field, is to be launched on July 23, when it is hoped that the Duchess of Kent will perform the naming
(N.C.D.N.)
CYPRUS TO BE A
NAVAL BASE
IN FIVE YEARS
(Special Air Mall Servicë)
London, July 1. Cyprus, for years regarded as
APPRENTICES' DEFOT-SHIP
HMS. Sandhurst is to be towed. to Chatham to be used as tem÷
An eight-year-old girl, Bo Chai-porary overdow ship for the Me- ngan, residing at No. 264 Queen's chanical Training Establishment Road West, was admitted to the at that port. The Sandhurst re- turned to Devonport last year Government Civil Hospital. Sunday suffering
trom scalds after service as destroyer depot- caused when a pot of boiling wa-ship in the Mediterranean, where. ter accidentally upset on her.
the new depôt-ship Woolwich has taken her place,
an obscure colony of the value unrest in Palestine and. Egypt to the British Empire, has within have suddenly awakened poll a few months become an island clans to the value of Cyprus,
GERMAN TRAINING VISIT The German training-ship Goren Fock is to visit Dartmouth from July 21 to 26. Cadets of the RN. College there will be interested in the details of this vessel, She is
barque-rigged, with a total mail area of over 19,000 square feet." hand was built by · Mensed." "Blohm and Voas at Hamburg in 1933. part-
of great strategic importance. which is 148 miles long and about
Although it is not intended that thirty-five miles broad. "
rus shall supersede Malta for Cyprus, is, in fact, just as im- some years, it will be developed portant to the British Empire ag rapidly into a great naval and air Ethiopia is to Italy. force base, writes a correspondent. I am told that five years herce
The Islanders will enjoy pro the island will be
completely perity undreamed of since they by public subscription, to take transformed.
days of the Romans.
The Cypriots are perhaps the Landing grounds for aeroplanes, only people in the world who have docks, barracks, and towns will cause to bless Europe's war fears. spring up
New wells will be sunk and capital is likely to be attracted for The Italo-Abyssinian war the developing the country's mining Dardanelles Conference and the and agricultural resources,
PROFERITY FOR THEM
the place of the Niobe, the former sail training ship of the German Navy, An auxillary motor gives her a speed of about eight knots.
She is named after a sellor post who fell at the battle of Jutland,
The Swedish coast-defence verset Oscar II is visiting Cariid until Monday, next.
Mineral deficiency
stands between you
and REAL HEALTH
One small defect impairs the efficiency of the most perfect piece of mechanism. And that applies to nature's masterpiece-your body. If the cella are starved ill-health follows. Calcium is the one vital mineral" without which the life centre of the body cella would shrivel and die, and Kalzana supplies this element in s form which the system can easily assimilate and retain.
1
By remedying this deficiency and making the cell-nucleus plump and strong, Kalzana gets right to the root of ill health. Kaszana` improves the condition of the blood, strengthens the whole body and supplies the teeth with the elements they need to keep them hard and white and immune from decay. A course of Kalzana quickly gives new strength, and vigour-begin yours, to-day.
***I am never without Kaitma, not "taking them always, but at any time of extra strain, and when there are colds and other infections about.
I find my resistance to disease, and general health marvellous."
Miss A. M
Wolvechacopoem,
Kalzana
THE MINERAL FOOD FOR BETTER HEALTH
Dainable from all Chemiste
* Kak_ma” hitherto only sold in Tablet form la now available að all Chesolate and Stores in Powder tom also. For shows who find difeulty in taking the Tablets, Kalzans Fowder la ideally multable.
MORNING IND -
PEDIGR
SHORNS
MORNING SOUND LECHORN FARM TAI PO MARKET, NEW TERRITORIES LEGHORN EGGS-FRESH DAILY HATCHING EGGS LAYING PULLET
COCK
Note Agents:-HUNG CHEONG
68, NÁTHÁN ROAD, KOWLOON. (Tel. 57108).
&
So much that is beautiful and romantic awaits you in Austria Vienna-the world's music centre; Salzburg the festival city; the Styrian woodlands; the beautiful Danube valley; the lakes of Salzkam mergut and Carinthia; the Tyrol and Vordberg- lands of picturesque peasants and snow capped mounting: sad the lovely landscapes of Lower and Upper Austria. Both for Summer Holidays (Colf, Tennis, Swimming, Climbing, coc.) aid for Winter Sports, Aastais has become more popular shan ever Compe to dustria at say time of the -you may be sure of a kindly welcome,
Come to Beautiful Romantic Austria
mzidarubia jafn vikurtimos new' wallabi
| Lation simultʻobtálned from 616 a day. Trani with Austrian Travellers Chiques—for commentaire.Write for special summer se winter presyamme of inclusive arrangimanis to the leading tourist agencies, # AUSTRIAN STATE TRAVEL BURRAU, 1997 Rizmit