ANGLO-

POLISH TREATY

RECIPROCITY IN

TRADE

Review Of Annual Race Meeting

(Continued from Page 8).. should win many races between them during the current year, provided nothing goes amiss with

Derby Day did not maintain her form and, perhaps, may have gone! stale. She is a good mare never theless!

them. London, Feb. 28, The now. Anglo-Polish Trade Agreement signed in London yesterday, will come into force provisionally, pending ratificatlop, on March 14.

Its provisions will affect some 50 per cent of the total United Kingdom trade with Poland and about 70 per cent, of the trade in manufactured goods. Reductions of duty have been secured for many classes of United Kingdom goods the principal ones being United Kingdom herringe, motor cars and

Cold Morning's running 'will also make her dangerous in any company in futurd races.

Eliminating Able Amazon, I feel that the new Australians, as above named, will in future ** score from the old pontes, such

Star and others.

as Bag Tor, Racing Heart, Night

THE HONGKONG TELEGRAPH.

LADIES RECREATION

CLUB MEETING

SATISFACTORY POSITION

UNDER REVIEW

A satisfactory financial position was disclosed by the President (Mrs. Sommarfelt) in her report for the past your submitted to members, at the annual general meeting of the Ladies Rocroation Club, held yostar- day afternoon in the Club House at May Itond.

Supporting the Chairman were the Hon. Secretary, Mrs. Pearson, and the Hon. Treasurer, Mrs. Hazel),

Chairman's Speech.

FRIDAY, MARCH 1) 1935.

LONDON STOCK EXCHANGE

LATEST SHARE

QUOTATIONS:-

RADIO BROADCAST

The following quotations on the A Talk on How to Listen London Stack Exchange have been received by Messra. Swan, Culbertson and Fritz in conjunction with Reuter.

Feb, 27, Feb. 28. British Government Securities. War Loan B

redm, after 102 106% £107

Chinese Bonde

42% Bonds 1809

(Eng. Iss.) £100 14% Loan 1008. £,00% 5% Loan 1912... £ 80. 5% Reorg Loan

1913 (Lan. Iss.) £ D9%

The Chairman said: The year's working has resulted in a net profit 5% Gold Bendi of $1,360.53, as opposed to a loss of 5014.76 for the previous post,

£150 £,90% £ 69

£ 99%

£99

£834.

£34

£ 20

£100

£ 47

1926-47

2004 5% 8'hat-Nanking !

Rly.

... £. HJ In 1983 the year's working - was addled with a sum of $3,481.11 for 5% Tient-Pukow

Bly: £34. repairs and maintenance, whereas 5% Tient-Pukow SUBSCRIPTION GRIFFINS

last year's working is charged with

Rallway (Sup), Loan).... £ 20 Double Chance has been a great only $1,216, and as a result of the commercial chassis, dlaappointment to me. His train-saving, despite the fact that our 15-15% Bhai-11'chaw- textiles, machinery and chemicals, ing gallops made him. out to be shows the profit already referred to. 6 Henan Rly... 33xd 39%

como la reduced by $125, the working Ningpo Bly.

£103 Arrangements have been made a hard one to beat. To go through I think members will agree with me 5% Hukuang Rly. for delnite import quotas for a Meeting without scoring a win that the expenditure for the past

1911

£47. United Kingdom goods in Poland, la hardly creditable, but such is two years under this heading is more15% Lung Tsing 1 and a number of purchase ar- the case. I do not want to con- than justified by the state of the

Hai Rly. 1913 104 104% rangements have been concluded doma him entirely, but he appear Club house and courts generally.

Foreign Bonds and Banka between exporters in the United ed to run sourly, and gave me the

Other items of expenditure com German 7% Int.

previous Loan 1924 ... £ 72 £ 12 Kingdom and Importora in Poland. impression that his heart was not Pare favourably with the

Agreement also contains in racing. Perhaps he may be entrance fees show a reduction of

year. To turn to the balance sheet, Japan 5% Sterling

Loan 1907... £ 794 £ 7914 several clausoa relating to ship suffering from Bome complaint $288, compared with 1933. This is Japan 65% Sterling ing.

and, therefore, did not give of his the direct result of fewer applications

•Loan 1924

£88% 88% best. I shall give him two or for miembership during the year.. In H.K. & S'hal Bank three more chances to redeem him- 1934, 62 new members were elected, (Ldn. Regd.) £130% £1304

Chartered Bank st self before relegating him to the compared with 83 in 1033.

nh.

£ 154 15 hand of the "Knuckers."

Commercial and Industrial Allied Iron Found-

39/6*

The

In return, certain guarantees have been given as regards the treatemnt of Folish goods in Britain British Wireless.

ITALIAN MUSIC

FINE CONCERT AT

PENINSULA

A delightful programme of Italian music, arranged by the Hongkong branch of the Danto Alighieri Association was render- ed by well-known local artistes at the Peninsula Hotel last night in the presence of a large and dis- tinguished audience over which Comm. A. Bianconi, Consul Gen- cral for Intly, presided.

Choral music of the 16th Con- tury and the beginning of the 17th Century, with religious composi- tions and madrigals of the same era, formed the male part of the Choir programme. The Salesian of Chinese boys under the age of fourteen, gave splendid render-i ings..

The programme was carried out under the_capable direction of Maestro E. Gualdi.

Mr. M. H. Arnold's cellu solo, accompanied by Mrs. G. W. R Griggs, of Corelli's "Grave," re- ceived a great ovation, as did Mrs. J. Tetley, the local soprano, with her renderings of "lo Tentu Invan" and "Vezzonetic."

Miss Elive Yuen (soprano) won well-merited applause with her fine rendering of "Che mi giova di "star" (Zianl)" and "Occhi Bell!"-

Selected voices of the choral group were well brought out in the aria "Degli Occhi Morra," to tho nocompaniment of the Very Rev. Father A. Riganti.

on

Sóventeenth of September, performances, as shown himself to be the best "Sub" at the Meet ing but whether he will maintain | this position throughout the sea- son is a moot point. I feel that there are about four "Subs" that can be classed on a par with this animal. I am pleased to think this, as it means keen and close finishes in this class of racing for the future.

-

DERBY GRIFFINS

On the whole the griffins have proved disappointing. Herod, after all, was a kept over animal and will, in my opinion, remain unbeaten throughout the year if confined to griffin races.

Ho ap- pears to me as the

outstanding grin of 1935. Rosc-Queen can be placed second amongst the naw ponles but, good as she la, I am afraid she will prove to be a poor second when pitted against Herod.

In writing as I have done, perhaps I may be ventilating | views that are already stale and, therefore, of no value to my readers. To prophesy future winners is trending on delicate grounds, but I feel embolden enough to give you three poniess that will repay following; they and are, Chateau Ray, Ythan The Deemster.

NEW YORK STOCK

EXCHANGE

MARKET IRREGULAR

YESTERDAY

New York, Feb. 28. The following reports, on the New York stock market have been received through Mesura, Swan, Culbertson &

Mrs. Arnold also scored with two mare cello soloa, "Adingie" Fritz:. The Wall Street Journal and “Gavotte" in the sbcond half of the programme.

CORRESPONDENCE

New Torpedo Boats

The Editor,

report on yesterday's marketa: Stocks were irregulur, concluding tho small- est February trading since 1921. The dollar rose sharply in terms of Sterling, but declined in terms of Gold | units, Sugar issues advanced, owing: to rising sugar prices. Railroad issues after a firm opening declined

I think we may congratulate our selves, howover, that our liquid canh position is improved by over $1,000, that our membership has fallen from compared with 1933, despite the fact

800 to 347.

Tournament Cancelled

Cra....

Boots 5/sh.... British - American

Tobacco

To Music

CLASSICAL PROGRAMME

From ZBW on a wavelength of 355 metres (845 kilocycles).

4-7 p.m. Chinese Programme. 7pm. Stock Quotations.. 7.03-7.15. p.m. In a Fairy Realm Sulte (Albert Ketelbey)

Albert Ketelbey's Concert Orch. 7,15-7.30: p.m. A First of a series of talks on "How to listen to Music", by a loent Amateur.

7.30-A p.m. Varloty.

Plano Solos-Sweet and Lovely Plano Solos--Many Happy retum of

the day

Italo da Costa. | Vocal-Melville Gideon Medley,

Melville. Gideon (Baritone), Plano Duets-The Way to LoYo

Selection

Plang Duets-Footlight

Selection

Parade-

Carroll Gibbons and John W.

Green.

Night of Love"

Vocal "One

Memories.

8 p.m. Time and Weather Report. 8.03-9.30 p.m. Programme of Now Victor Records.

Pianoforte Solos-Presto Passionato

(Schumann) (Op. 22)

Vladimir Horowitz. Songs-Open to me the Gates of

Repentance (Wedel) Bonge-Now let us depart (Strokin)

Feodor Chaliapin (Bass). Orchestral-Liebeatraum (Liszt) Orchestral Sleeping Beauty-Waitz

(Tschaikovsky)

Marek Weber and his Orchestra. Vocal Gems The Three Musketeers Victor Light Opera Company. Fox-Trot-Then I'll bo tired of you Fox-Trot-Have a little dream on me Fats Wallor and his Rhythm. Fox-Trots-Annina Fox-Trota-My heart in yours

30/0

Associated

Industries Austin Motors ord.

Kl.

Elec.

241-

24/-

42/6

43/0

48/D 49/-

115/7% 117/0

83/9 83/0

17/-

17/8

48/6

Dark

-49/9

02/0

$2/0

48/10 40/4

forced to cancel the annual tourna- Your Committee were regretfully ment owing to lack of support. We Canadian Celanese entered a team for the Ladies' Inter-Chinese Eng, and Club Shield. Although we were the holders the match was played at the

tɔUREZZA

"TELEGRAPH” ART

SUPPLEMENT

Topical Pictures To-morrow

Numerous topical and in- teresting photographs will appear in to-morrow's issue of the Telegraph Pictorial Supple.

ment,

these Prominent amongst will be LWO taken at the Rotary Convention in Manila. nt which Hongkong delegates presented a flag.

on

There will be some interest. the Ing pictures taken occasion of the dedication of the new memorial bulking at the Tai Kam taland leper colony, whilst groups will in- clude one taken at the recept- ion given by the Hongkong Buddhist Association to Ad-- miral Keung Sai-yuen, and an- other at the ivedding of Mr. G. Wiggins and Mrs. Fierence Buxey.

Sporting pictures will in-. clude basketball teams of the Colony, the I.A. team which won the Steel, Coulson Billiards League, and the dinner held by the R.A.S.C. football team.

U.S.R.G., as the L.R.C. has not auf-

near the close, due to fifty-one Class ficient grass courts.

Толпа

of

-

the

Alln. (Bearer). Courtauld Distillers...... Dunlop Rubber, Electric Musical

Industries General Electric

(England) Impl. Chem. Ind. |Impl. Chem.- Ind. Def. 10 sh... Impl. Tobacco Internat.

Nickel

32/1% 32/41⁄4

4770 47/0 30/7% 38/734

0/9 9/0 134/4% 135/3

no par val .... $ 23% $246 Rolls Royce £1.

eh.

S'hai Elee. Constr. Tate & Lyle... Turner & Newall United Steel Watney, Combe & Reid def, nrd. Woolworths

-b.

Anglo-Dutch

104/0

105/0

48/9

4879

07/0

97/

52/9 53/3

27/104 287-

G/-

48/0

105/8

60/6

100/3

Miscellaneous

23/-

21/

Chartd, 15/- sh.

(Bearer)

20/0

21/-

Gula Kalumpong

21/3

21/3

Pekin Synd, 2/-

ord. sh.

1/9

1/0

31/-

31/~

£ 20%

£ 20

Mines

8/14

2716 288/9

8/~ 27/6 280/3

Rubber

Rubber Trusts Southern Railway

(Deferred)

Burma Corpn. Rs.-

10

Chosen Corpn. Crown Mines .... Kandfontein

Estates Spring Mines Sub-Nigel

Van Ryn Deep

Olis Anglo-Persinar Oil Buima Oil

Shell Trane and Trad. (Bearer)

55/6 GGL~ 101/3 102/6 261/3 26370 58/0 58/1

GO/- 50/- 76/10% 76/3

40/150/-

U.S. COMMODITY PRICES

LATEST CABLED QUOTATIONS

Messrs. Swan, Culbertson and Frita have received the following quota. and tions on the New York exchange for of yesterday in conjunction with Reuter.

New York Cotton,

Feb. 27. Feb. 28.

Closing

1 railroads having reported their We appreciate the gesture of the Frons earnings for January at 3.2% | U.S.R.C. ln allowing the match to bo higher than last January. However, played on their Courts. This match owing to the higher cost of materials, resulted In victory for Jabour and taxes, the operating In- U.S.R.C. Hongkong Telegraph

come is down 21.05%. Bands were I should like to take this oppor- Irregular, with the exception

to my Sir,In the Pictorial Page of railroad issues, which were upward. tunity to express my thanks your issue of the 27th Inst. you Stocks on the Curb Exchange ad Committee for their assistance

year co-operation during my show a picture of a torpedo boat vanced to-day. Brokers'

office, and in particular to Mrs suppiled by Britain to Slam. We creased by $18,000,000.

New York and Chicago commodity Pearson, our Hon. Secretary.

Hazell, our Hon. Treasurer and Mrs. ahut be glad if you will give publicity to the fact that this boat Swan, Culbertson and Fritz:

reports received through Messrs.

I now have much pleasure in pro- is one of three recently, ordered by Cotton: There was some selling of posing that the report and accounts March Slam from Messrs. John 1. distant options, attributed to the for the year 1934 as presented be May 1 July Thornycroft & Co. Ltd., who are possibility of less drastic crop con- adopted.

irol, which la the dealgnore and builders,

still undetermined. The report and accounts veré se- October Large Government buying of heavy conded by Mrs. Mitchell, and adopted December These bouts are an improved textiles for March is reported. We unanimously.

January type of the tumous Thornycroft doubt any material price change. The Chairman stated that for the G.M.B, operated with such success pending definite newa regarding past two years the Ladies Singles during the Great War in the at- Washington's intentions in connection Championship had been run under March tacks on Kronstadt, Zeebrugge and with the farmer bonus and the crop. the auspices of the U.S.R.C. In con May

Grains: Ostend and have been sold, by

Wheat: Tho drought sequence of this having been turned July Mosers. John I. Thornycroft & Co market lacks sustained buying power had found itself unable to provide October

condlilon is unchanged; but the over the them by the L.R.C., which September Ltd. to practically evory navy Insuficient to absorb proft-taking on full facilities the world.

on account of in- December | advances. Corn: Thare ware in- sufficient grass courts. She now pro-

Total sales:---185 lots. JOHN I. THORNYCROFT & CO., LTL, creased offerings on advances. The posed that the L.R.C. should give up

Chicago Wheat Argentina crop is reported to be doing the management of this Champion- May

08 well, in spite of the recent rains. ship and turn it over to the LTA. July

03 The full acreage is expected to be

This proposal was carried by the September harvested.

meeting.

Wednesday's

THE HERRING INDUSTRY

NEW SCHEME SOON TO Zeuter:

OPERATE

Eddy Duchin and his Orchestra. Fox-Trota-Two Cigarettes in

Fax-Trots-I'm in love

the

Jerry Johnson and his Orchestra. Fax-Trots-You're not the only oyster

in the Stew

Fox-Trots-Mandy

Fats Waller and his Rhythm. Fax-Trots-A Needle in a Haystack Fax-Trots-Learning

Eddy Duckin and his Orchestra. Fox-Trois-Midnight the Stars and

you

Fox-Trots--An hour ago this Minute Ray Noble and his Orchestra, Instrumental-As I Strolled along the

Shore

Instrumental-I've

Grass Skirt

found Π

little

Sol K. Bright and his Holly-

wainna.

Fox-Trota Irresistible Fox-Trots-The Continental

Jolly Coburn and his Orchestra. 0.30 p.m. Reator Press Bulletins, London 1 p.m. Stock and Commodity Quotations,

9.35-11 p.m. Classical Programme. Pianoforte-Sonnta in G (Mozart)

Irene Scharer. Symphony No. 7'in A Major, Op. 92

Beethoven)

Philadelphia Symphony Orchestra.

10.30 p.m. Press Bulletins, Stock Quotations. Sangs-Im Fruhling (InSpring)..

*(Schubert)

(a) The Poel;

(b) The Roso Garland (Schubert) Elena Gerhardt (Mezzo-Soprano), Pianoforte Solo-Grillen (Schumannt) Bento Moiseivitch. Song The Two Grenadiers

(Schumana)

Theodore Challapine (Bass). Orchestral Polonaise No. 2 (Liszt,

arr, Muller)

11 p.m. Close Down.

ZEESEN PROGRAMMES

|This Evening's Broadcast. From

The German Short-Wavera

Special

for Par PrograRiMens

Exsters Isteners will be broadcast from Zoosen we FOLLOWER 1

'SOUTH ASLA ZONE South Arla Zone, broadcast from DIB, (19.74 metres) and D3N (11,45 metros).

4.4% p.m. DJD, DIN Annoonerment (Germi, Eszl) German Palk Bang. Pro gramme-Forecast (German, Eng

Itah),

Chamber Kink.

$30 p.m. News in Kuglich,

4.4 p.m. The Parable. A Lyrical Cantata

by Max Donch

s.16 p.m. Newe lo Germama.

Z p.m. Concert of Light Hul,

p.m. News in English.

m, Clone down DJ, DIN (Germ.,

Engl.)

EAST ABIA ZONE

East Aals Zeme broadcast through DJA on 81.38 metres, and DIN (31.45 metres).

Close

Kange

12.40

12.20/20

12.47*

12.40/40

9.10

12.53

12.40/40

12.46

- 12.40/40

12.01

12.47/48

12.64

12.49/40

Spot

12.05

12.55

New York Itubber ·

12.66

12.70

12.64/64 12.75/76

10 pm

12.05

13.09

12.89/80 13.06/06

13.15

13.31

13.14/14 13.80/30

0245

079-07% 12%-02 024-02

upkeep and of its moro frequent una On the grounds of economy in

sales:-6,807,000 bushels otherwise, the Chairman took up the May

Chicago Corn 85

844-844 question of converting their only July

B0% 704-70% are by grase court into an additional hard, September 78% 75%-75%

court. After some discussion, tho Total sales:-3,524,000 bushelk majority of the mombers présent vot- Feb. 27, Feb. 28. ed in favour of the change. It was May

Winnipeg Wheat. 102.55 102.38

indiested that this question would July

Rubber: The unsettled exchange position in retarding trade. There is u fair demand for near options. The market was steady,

The following quotations Dow Jones Averages: 130 Industrialn

20 Rails 40 Bonds 20 Utilities 11 Commodity

London, Feb. 28. Moving the second reading of the Herring Industry Bill in the House of Lords to-day, Lord De la Warr said the Government hoped that the scheme envisaged Amer. Smelling would be in operation for the Auburn

Сако

The following are elected offler May bearers: President, Mrs. Sommor July

felt; Ion. Secretary, Mrs. Pearson; Total sales:00 lots Hon. Treasurer, Mrs. Hazol,

9 pm. DJA, IN Announcement (Germ Engl.) German Folk Song, Fr gramme Forecast (Germ., Engi.)

9.15 p. Musk and Topical Events.

948 p.m. Nowa In English ơn DJA and

in Dutch on DJN

Contort of Light Muric.

11.15 p.. News in German on DJA and

DJN.

11.30 pm. Rainred from Stuttgerti An

Evening in the Homsland,

12.15 am. Nawe in English on DIA' and

Untch on VJN. 17,39 km. Close down DJA, DIN (Germs,~

Engl.)

DAVENTRY PROGRAMMES To-day's Broadcasting From Four Transmissions

The

following wave-langtha and fruptancias are showered by Daventry,

Call Big

Froqueary

Warstangik C45 kr. 293), melros

CSM

GSI

.GGJ

19.32 metras

15,5€+ metre

$2.97 metro

19,50 metrus

13.93 metres

Transmission 2

GSA

30.63

30.37

16.01

.15.88

90.55

00.70

be dealt with as a proposal at a later¡ date.

March

50.20

58.07

10 Leading Blocks

.88%-80% 834 88 -83 New York Bik

1.38 1.331⁄2-1,35′′). 1.34 ** 1.841⁄2-1,35 1.34 1.84-1.35

GBC

CED

21.45 metrke $1.38 metras 26.43 melros

CBP

-10,662 k..

080 ** 17,786 ke,

Feb. 28.

3444

Montreal liver.

2214

Committees Mesdames Glimore.. March Handyside, Maendam, and Kalvin May:

4%%

Stark

20%

Balleting

..734

24

July Committee.Mesdamos September Church, Digby, Whyto-Emith, and MacDougalle

-56,30/50 57.00/00 57.60/05 68.00 .58.00/20 Total sales:-63 contracts o

New York Metals

50.25

60.81

67,50

*

20:

15

Feb. 25 6.79 47.50

Feb, 28-

6.08

Scottish fishing season next June, El. Bo. & Sh. It will be recalled that the Bill Gen. Motora provides for the establishment of Int. Tel. & Tel. a Board with power to prepare a Montgomery Ward achomo for reorganisation and re: Nat. Distillers. gulotion of the herring industry--- NY. Centrai British Wireless.

U.S. Stoel

A hearty vote of thanks was se corded the President for her. sor Copper March,

vicos during the past year,

Tin March

47.00

(0.9.F. and 0.8.C.)

1 pan. Die Ben. Reginald New, at the

Organ of the Ragni, Kingsto

The ym. Dydd. Owyl Ddewi (Sk. Parida

Dar).

Greenwich Pere Rignað at 12. Nowa

The Trocadera Cinema Orchestra.

B. p. The BBC. Dance Orcheste dirvelad by Masry Hall.

(Continued on Page 6)

Mackintos

This price question!

Having just taken stock for the end of our financial year, February, 28th, wo have taken the opportunity to ro-mark overy article. in accordanco with prosont rate of exchange, regardi loss of that at which the various stocks arrived.

Wo thus uphold our reputation ́ for servico and fair dealing, whilst you are assured when making purchases, that prices are based on present day; cost. MACKINTOSH'S, LTD.

CHEVROLET

A BIG LUXURIOUS FAMILY SEDAN FOR LESS THAN

£170

amazing:

money's worth:

That's what your

will

get in buying

-a new

CHEVROLET ECONOMICAL SIX

STANDARD SEDAN

A BIG CAR value in every sense of the word, the CHEVROLET SEDAN embodies such outstanding features as Valve-in-head*": 26 H.P. Motor, Fisher Body and No-Draft Ventilation; Superlor Leather Upholstery, Synchro-Mesh Gear Shift, Down draft Carburetion, Octane Selector, 24. Konest miles per ---gallon of gasoline, etc..-etc.-

Demonstrations gladly arranged

FAR EAST MOTORS

PFÁCO

26, Nathan Road, Kowloon. Telephone 59101.

+

EKCO 1935 RADIO

9-STAGE SUPERHET TRANSPORTABLE for Universal Mains

1 Magnificent bakelite cabinet available.

in two finishes: figured Walnut and

Black with chromium-plated fittings.

2 Nine stage superhet circuit.

3 A.C or DC. mains (200/250v.)

without adjustment.

4 Full delayed automatic volume control.

5 Optional Static Suppressor.

6 Twin frame aerials and provision for

external aerial.

7 Directional turntable.

8 Variable tone control.

9 Interchangeable full size station scale

with names and wavelengths.

10 Light beam

indicator...

and shadow station.

11 Moving-coil speaker.

12 Wavelength ranges-200/550 metres.

900/2000 metres.

13 Output 3 watts.

14 Latest type valves.-

THE ANDERSON MUSIC CO., LTD. Ice House Street.

BUTTER PRICES..

We are pleased to announce the following reductions effective as from today; 1st March;

"DAISY'' . `Brand Butter

"HONEYSUCKLE"

"DAIRYMAID"

reduced to

(Own'make)

THE DAIRY FARM,

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