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A Germicidal Lotion which is pleasant to use. Eliminates all dandruff and is A Genuine Hair Tonic.
TO BE HAD WITH OR WITHOUT OIL. A. S. WATSON & CO., LTD.
ESTD. 1841.
WE HAVE PLEASURE IN
ANNOUNCING A REDUCTION
IN
THE LIST PRICES OF
"H.M.V.
ALL VICTOR
پیچ
RECORDS AS FROM DATE.
S. MOUTRIE & CO., LTD.
DAINTY
Chater Road.
HAND-MADE
FRENCH
PARTY FROCKS
IN
VOILE & ORGANDY·
FOR
GIRLS OF ALL AGES
LANE, CRAWFORD, LTD.
Children's Department...
THE HONGKONG TELEGRAPH.
сп
CHEVROLET
THE PHAETON · Certain to prove one of the finest looking phacton modela
road. 'Full the
five capacity. New passenger features Include: Cowl venti- lator. Chrome plated handles оп smart new hood ports. Weather-proof side curtains. Two deep, wide side pockets.
Price Complete with Bumpers,
Spare Tire & Tube
HK$2,850.
VEHICLES MAY BE INSPECTED AT OUR STUBES ROAD GARAGE
THE HONGKONG HOTEL GARAGE.
The Hongkong & Shengba! Noisin, Lid. Incorporated in Hongkong.
Etubbe od
The
Bapoy Yalles
Hongkong Telegraph,
TUESDAY, APRIL 12, 1932.
EASY MONEY.
docs
TUESDAY, APRIL 12, 1932.
Hquidation, and probably buy ad- ditional stocks when they are low, while the small men go into the Hiquidation in an overloaded condi- tion and sooner or later flounder
and sink.
DAY BY DAY
THAT CONQUERING AIR OF MAR- RIED MEN WHEN THEY ARE, UN- ACCOMPANIED BY THEIR WIVES,-- Daudet.
It is not to be supposed, how- over, that even the experts can always foretell a reaction in the murket. Very far from It. The most. expensive share market economic service in the world
The Ben Line 8.8. Benlawers, from would not assure one against being Home ports via Straits, is dus here on caught from time to time. Other- the 15th inst. wise the element of risk would be eliminated from one of the most complicated and sensitive business
CARD-GAMES AS SCHOOL SUBJECTS.
By "SLAM"
N intellectual card game might NON-TREASURE
advantageously be included
ISLANDS.
as part of the curriculum at our schools, both for boys and for girls. American writers to-day nre strongly advocating the same thing. Some form of bridge would By A. P. GARLAND. be above all other card games, the
one best suited for scholastic pur-j poses.
כי
ITATISTICIANS say that, at a
ST
moderate estimate, there are. scattered about the Spanish
The best opportunity for start- An after dinner musicale is being ing our young poople at a card Mam 1,734 Islands, each of which activities in the world. it in ob. held at the Helena May Institute on game would be upon their leavingį is reputed to contain a buried heap
vious, nevertheless, that the opin- fons of experts are valuable, even. though they are wrong every now and then, and it is just as fool- hardy to ignore the constituenta of the stock market and still ex- pect to make money as it would be to begin the manufacture of motor cars without knowing any- thing about physics and hanics. Until this truth is more ron- widely recognized we shall tinue to hear periodically of the savings of thousands of indivi duals being laut because they think they can "beat the market."
mee-
a
Novels, Short and Cheap. Many attempts have been made to entice the British public into buying cheap novels, but experl- ence does not show so far that the It apparently public wants them. would rather pay the price and keep the book as a solid, respect- uble piece of interior decoration; or go to a library and borrow
nothing. The book for next to paper cover of the very cheap book has something to do with this at- titude. They may order these thinga better in France, but the its native English publie, with respect for appearances, finds it There is, we suppose, no part of hard to believe that a book in a the world in which the obsession paper cover is worth reading or to make riches quickly by means buying. A few shelves of these be de not dog-eared volumes would of share speculation periodically manifest itself. Weclared untidy. These are some of have seen the process operating in the prejudices against which yet England, the United States and another British publisher has gone many other countries, whilst even to war, and his boldness has mone here in Hongkong we are by no to anusual and original lengths. means unacquainted with this fen- Three new short novels-they are ture of life. And although it is about half the ordinary length the case that big sums of money
by such reputable writers as Miss are made in this way, it is unfor- Naomi Royde-Smith and Messra, tunately abo True that big sums
J. D. Beresford and Eden Phill- are lost by people who think that polls are among the recent batch eusy profits are to be secured by this publisher is issuing at nine. speculative operations in stock
pence. They are original, hitherto and slinres. There will, of course, unpublished works. They are poe- always be this kind of speculation, et size, bound in fairly stiff paper to the intention is just as there is speculation in ex-covers, and change and in
reverse the usual process of pub Human nature being what it is fention by beginning with this this is inevitable. The usually arises when "small people" | with nothing at their backs, enter mind the market in a frame of which visualises only the profits and takes no account of the pos sibility of the market going against them. It is in periods of severe liquidation. from which un market is immune, that those who are hit are often these least able to stand the luss.
commodities.
trouble
to
of the
pre-
cheap edition and progressing dearer cloth-bound ones as peças sion-chiefly in the form
braries demands. It is too soon to know what success this venture
English will have against judice, and it is not easy to see in the what advantage there is
But it is only scheme for either the established from the author's point of view that the prospects can be discus
or the new author.
It is when we contrast thesed with any safety at the mo
success
It is he who will largely tat monied speculator with the map whee has nothing but hope that we determine the aucress of the ven-
tore. see how much better a chance the
On the present basis of the former has than the latter wheneven-and-sixpenny novel in Eng- markets begin to fall. The little land the author is not obliged to
spectacular have the operator usttally works on a small margin, or be margin at all, and which will be required by the nine- consequently at the first appre-penny book (with its penny royal- clable break of prices he either ty) for the same financial return. has to put additional funds into He knows that his dear books will his brokerage account in order to go on selling as they get cheaper, maintain the stipulated margin, or but he will find it hard to believe elac is sold out at a loss. Little that his cheap books will go on wonder that when stocks slump selling as they get dearer. He may take the view that to issue a heavily, these "small fry" should And that their accounts have been short novel in this series is equi. liquidated, with resulting large valent to selling it outright to a losses to them. Large traders, on magazine--which might conceiv- the other hand, make a study of ably pay him much more--and one the market and the factors which wonders if this is the surcat are likely to influence it, just ne way of getting his best work. commits the the ordinary business man studies in England his business, In some Instances, wild act of buying a book as an act It is true, the study appears rather of faith. You may know our faith superficial and insignificant, but by our books, but you can never nevertheless it serves a distinct know it by our borrowed books— purpose and gives these indivi- that is, broadly speaking, the Eng- duals a great advantage over the lish attitude. Thero la Indeed, as outsider. And of equal import things stand in English literaturo ance fe the fact that the big opora- at the moment, a great deal to bo tors frequently have "Inside" in said for dearer, fewer and better formation upon which they
aro books. able to act to their advantage. The net result is that in the ma- jority of cases the professional
The death took place at the Gov- speculator, is elther "out of the
ornment Civil Hospital on Sunday market" when
a major reaction of Mr. Jhamatal D. Mahtani, comes, or else has so reduced his metabor of the Sindhi Community. holdings of securities that he has The deceased had been residing in little fear of calls being made Hongkong together with his family son and a daughter. upon him for additional margin. and leaves n In other words, the professional The funeral took place yesterday, spoculator is able to ride out the the local Indian shops closing, a
mark of respect.
one
ད་ན
4
Friday, April 15, at 9p.mi.
SUGAR MARKET.
THE LATEST CABLED QUOTATIONS.
their preparatory schools for more of jewels, gold bars, doubloons.. advanced ones. This change takes pieces of eight, pleces of nine, and place at the age of thirteen or so on. And they add that in sup- fourteen. Children's minds are at port of this tradition there are at that time most receptive to the past 1,734 maps, each marked with teachings of any fresh subject in a cross to show where the pirate which they can be interested. treasure was buried.
Application to the study and prac- It is not curious, then, that in'.. tlee of some such card game as spite of the scores of expeditions bridge would serve in a marked de- that have sot out each year in The following cable at the close gree to stimulate the powers of search of these hoarde, all that has. of the sugar market yesterday has observation and deduction in school- been found has been a few bully. children. Both in observation and beef tins, cigarette ends, discarded been received by Messrs. Pen- deduction, the mind has to act very socks, and the like the debris of
quickly at the card table. Deci- preceding expeditions? sions must be made promptly, and promptly acted upon.
treath and Co.
London Terminals. August 1932 4/5% down December 1932 4/10 up March 1933 5/- down d. May 1933 5/3% no change. Buyers at above prices, sellers asking d-%d. more.
d.
d.
of
No, it is not curious. It is just
what we might expect. And for.
Again, apart from the mental the simple reason that these alleged training derived from the actual treasure-hoards do not exist. playing
the cards, the Take the case of the party, headed minds of the players are by three Scots, that went last year well on the alert into the small island of San Jose is kept looking after the score and set-search of the treasure of Gory tling it quickly and correctly. This Gantry. They had a chart, pro New York Terminals.
should help to improve the arith perly endorsed with the skull and metic of our young people, many of crossbones, without which none is May 1932 61 down 2 pts.
whom are decidedly deficient in this genuine, undi ample tools. Yet all July 1932 .68 down 2 pts.
direction, and often in after-life the harvest they reaped was the. September 1932 .74 down 3 plu.
develop into very bad "adders," fibula of a mule and hay fever. December 1932 .81 down 2 pts.
Now if trensure existed in San which may seriously handicap them. March 19:33 88 down 2 pts.
Then, again, such a partnership Jose, to suggest that three Scotsmen. Sourabaya (11/4/32)-Trust
serve as couldn't find their way to it is an They common sense. character-forming and character-affront to Mills have sold 5,000 tons Whitesme as bridge should al f64.
reading training for our young might have to tear the island into people. As with their elders, there small shreds, but get that treasure would be those among them who they would. The only conclusion, would lose with a good grace and therefore, is that the treasure didn't..... without grumbling, and those who exist. would do just the reverse. Again,
HONGKONG SHARE
MARKET.
OFFICIAL SUMMARY BY STOCK EXCHANGE,
Once
more the market is again showing signs of stagnation, and although there is scarcely any change! in rates, there does not seem to be much buying power about.
Sales.
Hongkong Banks $1650/1556. Union Insurance $471. Providents (Old) $1.90. Providents (New) $2%. H. K. Reales $11.45. Ewa Cottons Tit. 14.00. Chinn Lights (Old) $1.10. H.K. Electrics $74. Watsons (Rights) $3.
Buyers.
Union Insurances $450. Daglases $26. Benguets $13. Ducks $20.
Providents (Old) $1.85. Providents (New) $24. Hotels (Cum. Rights) $18. H.K. Realties $11.26. Chinese Estates uns 28 cents,
14.85.
Benguet Explorations Ewo Cottons Tis.
TALUS $21. Hongkong Trans Peak Trams (Old) $15%. Hongkong Electrics $74. Telephones (P.P.) $26. Amusements $22.10. Constructions (New) $1.85. Govt. Loans 97 Premium.
Sellers.
International Assoc. Tls. 4. Humphreys $17.
China Lights (Old) $21. S. C. Enterprises $10.
ALITETTY
ones
Pirates and Their Loot, like their elders, there would be That really is feasible, I myself Among the juveniles generous have no Grat-hand knowledge of players, always prepared to condone pirates, but I'm sure they were not mistakes, and carping. ever such nincompoops as to return to ready to cavil at their partners. England home and beauty without
*Always blame, blame, blame-but the loot.
Fancy the bloodstained leader of a piratic crew stepping ashore at being their slogan. never a word of praise" seemingly
With these examples before them Wapping and suddenly scratching young people under proper supervi- his head and bleating feebly, "Well sion should learn to appreciate blow me, if we haven't left the courtesy and consideration for treasure behind. What a lot of others, and to practise both.
plumbers we are to be sure" Again, for those who are likely Would that get a laugh front the to have opportunities of playing sweethearts and wives on the quay? bridge when they go out into the Would they say, "Never mind, Inila, world a preliminary course of the we're glad to have you back, any- game at school should prove most how My own personal know- indvantageous.
ledge of women makes me reject
A fact which should be borne in this nofian. mind, too, when bringing up our But you ask, "What about the young people is that bridge to-day maps? Don't they mean anything? is a great social asset. I do not, Must not a map be considered in- however, mean to convey the Iden nocent until it's proved guilty?" that I consider card playing shouldį Well, my opinion is that these be indulged In to excess and at the maps are in part of one great expense of more useful or more pleatic joke. A sense of humour artistic occupations; nothing of the was not lacking in our forebears who sailed under the Jolly Roger,
sort.
Bridge provides opportunities for and I can imagine how, in their the association of our young people, idle hours, when they had polished upon very gental terms, not only their buttons and written to their with those of their own age, but best girls, a few of them would with their elders, among whom they draw up these maps to hoodwink may find someone who is in a posi- future generations.
"We shan't be here to see tion to help them to a career, or to their advancement in a career it a results," they'd say to one another, selection has already been made. "but fancy these poor noodles get- At the card table the older people ting all hot and bothered about have excellent opportunities of treasures that aren't there! Teh- judging of the capabilities and he!" characters of the younger ones.
For the young ladies bridge has its romantic side. You never know, some bridge' partnership may deve- lop into a life-long one.
"I even tried to get billed with the circus, but they're not hiring anything but freaks and it would be just my luck. to be born normal."
the
From the other side of the Styx comes faintly the hoarse crackle- of Cut-throat Cluude and One-Eyed Aubrey. UA.
They are laughing at
DON'T BE A
"YES"-WIFE.
By NERINA
SHUTE.
TT is cusier to be the good, good.
wife than the bad, bad wife,
r
It requires less brain. That is the reason so many model young women sit patiently darning his socks, or mending the cushions, or reading a book about love, while George himself is "detained business again."
on
The good-wife-girl is amazingly common. Everyone calls hor a nice dependable sort. And everyone (except me) says what a shame it is that George should leave her at home all the time.
Mary never complains about George. She is loyal of course. And she likes to pratend, for the sake of her pride, that his "busi- ness engagements" are bound to be more and more frequent. She tries to be gentle. She tries har hardest. to do what is right. She can't. understand why George is no longer attracted.
And So She Gives In. Poor George! When Mary mar- ried she stopped using lipstick In order to please him. She gave up her outings with other young men because he was jealous. At first. they had one or two quarrels about it. Then she gave in. Like most good wives she hadn't the wit to be anything else)
The man who marries a typical good-wife-girl is as much to be (Continued on Page 7)
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