་
Sven Hedin's Welcome
GREETED BY LONG LOST COMRADE
ADVENTURE'S END
·BRITAIN'S SOUND FINANCING
(Continued from Page 1)
$106,000,000 of four per cent.' Treasury bonds and £11,000,000 throo per cent. bonds drawn for redemption In the previous Decem- ber. To provide for those matur- Ing, and to give a small margin for reduction of the floating debt, raised in April £150,000,000 by issue of three per cent, funding loan, and in December took advan- tage of continued chomp money to give notice to draw for redemption une-half, namely £44,000,000 of the Stockholm, April 15. -
remaining. three per cent. The home-coming to-dny of the
Treneury Bonds. Sloco then, famous explarer, Dr. Sven Hedin,£34,000,000 and already been pur was marked by a dramatic meet chased out of Sinking Fund ing of the seventy-year-old mil venturer and a former member of money, no that the redemption of one of his previous expeditans, the remainder, which took place Amboldt, who was believed to today, would be carried out with
out any disturbance of the market.
(Special to "Telegraph")
have been lost and was given up for dend.
THE HONGKONG TELEGRAPH.
MR. W. H. BELL NOMINATED
·TO SUCCEED MR. GORDON
MACKIE IN COUNCIL
Mr. W. II. Bell was yesterday norminated by the Hongkong Getieral Chamber of Commerce as its representative on the Lexisin Live Council in succession to Mr. C. Gordon Mackie, who left the Colony, on retirement a few days ago.
The Secretary, Mr. M. F. Key, after reading the notice convening, the niceting, announced that only one nomination for the vacancy had been received: Mr. W: II. Dell had been proposed by Mosara, Dodwell & Co., Ltd., and seconded by the Union Insurance Society of Canton, Ltd.
The Vice-Chairman (Mr. S. 11.
Dodwell) who presided,, said:
Gentlemen. In proposing the The net effect of these transae-election of Mr. Dell as our repre- Dr. Hedin, who has, just com- tlons had been a reduction in the sentative on the Legislative Coun- pleted 4,000 miles of adventure nominal amount of the National eit it is a relief to me, as I have no while Journeying into Chinese Debt by £21,750,000, and of annual doubt it in to Mr. Bell, that in the Turkestan to explore a, transport interest charges by £1,660,000. absence of any other candidate it route on behalf of the Chinese The Exelange Equalisation Ac-s unnecessary for me to extol t Government, Innt
parted with count again showed a profit. 10 length his many virtues which are. Amboldt in Central Asia. Mterview of all circumstances, and if already so well known, to most of their parting, Amboldt was re- Interest rates on Treasury Bills us. ported missing and later deat. remained at anything like the pre- To-day. Amboldt was among sent, he felt justified in putting the first to join in congratulating the debt charges at last year's his old friend and chief, who is figures
£221,000,000 That being feted this evening in honour ought to leave something available of his birthday which was for
debt redemption, but ba celebrated in his absence last thought it advisable again to ask week. Ateuter Special.
for power to borrow for purposes of the Sinking Fund.
ww
THE SALVATION ARMY
SUBSCRIPTIONS TO HOME FOB WOMEN AND GIRLS
Messra. Dodwoll & Co., Mr. S. II. Dodwell ...
B
The Asiatic Petroleum
Co. (South China) Ltd..
25
Mr. E. J. I. Mitcholl ..
26
20
20
Swedish Chinese Export
& Import Co., Ltd....
20
Messrs. Linatend & Davla
20
Mr. R. L. Stewart
16
Mr. H. C. B. Way
10
10
China Export Import &
10
Mr. D. R. Ryde
ARRA 88298 9
services.
of
venite on taxation ht
£736,680,000,
This
would leave a prospective surplus of £5,010,000.
NEW PROPOSALS
He has a long and honourable record in the Colony. Twice he I served as Vice Chairman of this Chamber, once before as Chairman, while this year your committee have elected him to suc alrendy served three times on the eeed Mr. Mackie. He has also
Legislative Council, once represent- ing the Justices of the Peace during Sir Henry Pollock's absence,
+
to
TUESDAY, APRIL 16, 1935.
LONDON STOCK:
· EXCHANGE
LATEST SHARE
QUOTATIONS
the
The following quotatlong on London Stock Exchange have been received by Messrs. Swan, Calbertson and Fritz in conjunction with Reuter.
Agr. 12. Apr. 16, British Government Securities War Loan
redm.' after 1962 £100% £107.
Chinese Bonds 44 Donds 1898-
4
5
54
(Eng, Tex.)... £10
£101
Loan 1908 EDT
07
Loan 1812. £ 86%
H
Rear Loan
1913 (in. Inn.) £ 96
054
Bonds 1026-17 I US
£ 05
Shai-Nanking
Ily
£ 4216
£8254
Tient.-Pukew.
Rly. £.80
£ 30
Tient-Pukow
Rallway (Sapl.
Loan)
F 26
£ 26
5
Sai-'chow-
Ningpo Rly... £100
£1001%
5
Honan ly £30
£ 30%
1911
5
king Rly. Lang Tring U. Hai Rly: 1913 £ 10%
Foreign Bonds and Banks German 7 Int.
£ 45
£ 154
£ 164
£ 67% xd
Lon 1824 2... £ 604 Japan 5 Sterling
Loan 1907. £ 7914 £79% Japan: Sterling
Jon PP.. 212 B.K. & Shai Bk.
£124 (Tal. Regd.) chartered Bank &
sh
.. £ 14% £ 14% Commercial and Industrial
Allied Iron Pound-
Associated Filee. Industries..... Austin Motors ord.
sh. British-American Roots 5-h. ....
Toburev..
Canadian Celanese Chinese Eni tal
Min. (Bearer). Courtaidda
stillers Electric
....
lop Rubber,
Musical Industries... General Electric
(England) Impi, Chem. Ind. pl. Chem. Ind. fef 10/sh.... Impl. Tobacco Internal, Nickel
Rolls Royce
no par val
SM.
B.
£123
RADIO BROADCAST
A Relay from Majestic Ballroom
JAZZ RECITAL
From 20W on a wavelength of 355 metres (845 kilocycles):
4-7 p.m. Chineso Programine, 7-11 pm. European Programme, 7 p.m. Cloning Local Stock Quota- tions.
7.03-7.30
Band Selections
from Operas
Jan.
Prince Igor (Borodin)--Ballet' Dances Nos. 1, 2, 3 and 4. Alda Introduction and Moorish
Ballet (Verd!).
Alda-Grand March and Finalo
(Verdi).
Faust-Selecion (Gounod).
7.30-8 p.m. From the Studio.
"The Continental Trio." Programme.
1. Dinah.
2. Juno in January.
3. Plano Sola,
4. Blue Feeling.
5. With Every breath I take,
6. Piano Solo.
Stay sweet na you are.
8. Sweet Sue,
8. Local Time and Weather Report.
8.03-8,30 p.m.
Vocal Items.
Nippy-A Couple of fina oll Schools, Glifford Mollison and Arthur Riscoe. Nippy-While We're in love.
Arthur Rincoe and Belty Shale,, Gricie Fields--Medley.
Hutch Medley. ATAT
Leslip Hutchinson at the Piano.. The Old School Tie.
Gracie Fields (Comedienno)..
20/- 20) ---
The Western Brothers. 8.20-8.65 p.m. Symphony No. 4 (Italian) in A Major
(Mendelsohn).
Sir Hamilton Harty and the Haile Orchestra.
8.55-9.10 p.m. A Pianoforte Recital
1. Wedding Day (Geter).
4673 48/6
46/9
49/..
11276
113/9
77/6
77/6
1676
17-
by Arthur de Greef.
Bay
GL/E
9079.
927-
ARAD
40/3
27/0
28/14%
497-
-10 fam
35/1
30/17
1.
Sunkist Hawaii,
Litin L
3. PANORU Waliz
4.
8/7 .135-
71: א
136/1024
$ 2616 $ 271
112/6 113/9
47/6
4776
100/6
10176
55/6
567%
26/75%
2773
08/0
104/6 105/-
00/-
22/0 02/0
21/716 21/6
20/6
176 2970
20/0
176 20/9
THE DEFENCE FORCES Turning to the Estimates, Mr. once representing this Chamber Chamberlain said those for supply during the absence of Mr. Mackie, services accounted for the very and one on the nomination of His formidable figure of 1494,305,3nd, Excellency. In every way I rc- The Offeer in charge of theetency in the Army and Navy the appointment.
and included £10,000,000 extra forgard him as eminently suitable for Salvation Army's Home for Women and for in increase in the strength and Girls gratefully acknowledges of the Air Force and an additional length at the period during which I shut not enlarge apon the the following contributions receiv£14,500,000 for civil and Bocini ed in response to the annual ap-
he has been identified with this peal for funds.
Colony and the Far East. Suffice Contributions may be sent to Ad-
The total ordinary expenditure, it is to any that it is long enough jetunt Dorothy Brazier, 2, Em- including £295,580,000 for consulto have invested him with a wide bankment Hd., Kowlton, to thisidated fund services, was £720knowledge of, and experience in office, or be handed to the Salvation 970,000, and he proceeded to indi- the many problems peculiar to this Army's official collectors.
ente measures whereby he part of the world. Whether that Previously acknowledged $1,825.20 proposed
finance this knowledge and experience will en The China Light &
enormous outlay, lis estimated uble him to solve the problems with Power •Co., (1918)
the yield from. Incono 4x which we are confronted to-day I Ltd.,
at
£237,000,000,
to £14- should not like to promise. Many |000,000 more than in 1974, surtax of them are not of our own making, 5'hai Elec, Constr. £1,500,000, death duties £80,000 Indeed the Colony at the moment Tate & Lyle .......... 000. stamp duties £25,000,000,
is rather like a shuttlecock, knock-Turner & Newall Customs and Excise £296,000,000, ed hither and thither by the action United Steel and minor items £13,580,000.
of various interests in various
Watney, Combe &'
Reid def ord. Altogether, he estimated the re-parts of the world who are making Woolworths
0/- Various the existing basis of
experiments to extricato themselves from the present
Miscelaneou Anglo-Dutch economle morass, with little or no consideration for the effect of Charted. 15/- sh. their experiments on us. Some of
(Bearer)... those experimente in my humble
Gula Kalumpong
Rubber judgment are bound to fail; Pekin Synd 27- In view of the enormous fiscal others we may have to adjust our- ord. sh. advantage which Accrued
selves.
Rubber Truale.. Diesel-engined motor wagons, he In the process we may not bo Southern Railway proposed to raise the duty on able to escape a period of even
(Deferred) 20% 4 heavy oil used by rond vehicles greater hardship and bad trade
Minus from one td, to 8d. per gallon. thun we are suffering at present,
Burma Corpn. Rs. -Road-vehicle duties produced but if we set our teeth and face Chosen Corpn... £800,000 more last year Thun in the situation in the right spirit, Crown Mines.... the year before, and he proposed there is little doubt but that weRandfontein to transfer 24,470,000 from the shall eventually emerge safely Estates Road Fund 10 the Exchequer. (from our difficulties as we have be. Spring Mines $2,100.20 This raised the surplus available Core. Whatever the future has in Sub-Nigel
to £11,825,000.
store for us, this much is certain:
Rhokan Corpora.
tion -de morsed, firstly, to allocate. Bell's terms-of-office-will-cover
£2,700,000 to the relief of Enter a period as momentous as any in Anglo-Persion tainmat Tax by remissions of the the history of the Colony, calling Bra Oil. Lax on cheaper seats, to make al-For the closest co-operation be- Shell Trans and
conununity terations in Income Tax allow.tween the commercial ances that would give relief and the Government. Mr. Bell's income tax payera at the bottom will have no easy role to fit. It is responsibility will be grent, Ile pro- of the scale. At present, the first because I am convinced that by mised Ensler revellers at the £175 of taxable income was chat reason of Peninsula and Hongkong Hotels ed at one-half the standard raceability, he will it courageously. his personality and on Saturday night when entirely He proposed that the first £135 with distinction and understanding new double attractions will open taxable income should how be that I ask you to elect him to-day". local seasons.
charged at one-third of the tax-out Applause). The Management of the Hong-able ate, and over £15 at the full kong and Península Hotels
Mr. A. W. Hughes (on behalf of rate of 18. 6. The personal the Union Insurance Society of nounce that these new players-allowance of the married taxpayer Canton, Ltd.,) said he had much five in uber-have several num-would be raised from £150 bera that will be revelations in 170. The present allowance
pleasure in seconding the motion. store for local dance-goers. For £10 for each child after the first on, which was carried unanimous- The Chairman then put the mu- ther announcements will be made would be raised to £50, in due orse.
Bank Co., Ltd......
Chien Hsin Engineering
Co., Ltd.,..
Mr. 3. W. Alabaster
Mr. J. Bentley
Alr. I. Tod
Mr. G. L-Newbigging
Mr. S. C. Wilcox
Mr. G. M. Dyvanck Mrs. Maxwell
10
6
0 10 10 10 10 10 10 10
HOTEL ATTRACTIONS"
NEW PERFORMERS AT EASTER FUNCTION
Entertainment de luxe is
an-
14
Lo
f
Further liability for tax wonld
Peninsula patrons are notified that there will be no dance at thee extinguished in respect of all
iy.
..
ד"רן-g rrrr-1.
2813
·5/2· ---- 1 / 14:
24746
267-
277/6
270/3
57/3
67/-
·105/-
193/9
28276
98/1 PE/P...
Oils
50/-
50/-
767-
70/-
Trad. (Bearer) - 53/9
34/4%
U.S. COMMODITY PRICES
LATEST CABLED
QUOTATIONS
DA
the
New York commodity exchange are
The following quotations
inued by Reuters
.
May July
Mr. Bell's Reply Mr Bell in reply said: mainland rendezvous to-night, nor
incomes, carned or uncarned, un-
1 teel October
December will there be a
very great fanétium at Re-der £125. In a full year, these you have done me a
January (1938) honour indeed in electing me !||*|| || yk ના 1,00,(૫૪), pulse Bay to-morrow night.
March Both the Peninsula and Hong- but in the current year only £1.our representative on the Legisla
Spot Hive Council
honour is att kong Hotels, however, will, helt | 500.000. gala evenings on Easter Saturday.
which would be very lolh to May
EXCHANGE RATES
Paris Geneva
Berlin
Athens Milon...
Shanghai
Amsterdam
Vienna.
Praguo
Bucharest.
Madrid Lisbon...
13
may.
Apr. 10.
Closing 11.48/60
Ariettes To the Spring (Grieg). 3. Feuille D'Album: Papillon
(Grieg).
9.30-0.30 p.ol. From the Studio. Selections by the “Waikiki Trio."
Programme.
Hilo March.
Bright Moonlight.
930-10 pm Talkie Tunes. Orchestra Tappy, I'm Happy
("Caravan").
Orchestra Wine Song ("Caravan"}, Songs-Near and yet so far
("Princess Charming").
↑ Songa-Brave Henris ("Princess
Charming")
Evelyn Layo (Soprano). Fox Trots Song of the Dreamer
("Marie Galante").
Fox Trats-On the good ship lollipop
("Bright Eyes").
Vocal DuetMoon Glow ("Black-
birds of 1984”).
Laylon and Johnstone. Piano Ducts-Goodnight Vierna-
Medley.
Piano Ducts-Sunshine Susie
Medley.
Rale du Costa und Harry Jacobson. 10 p.m. Reuter Press Bulletins. 10.05.11 p.m. A. Relay of the Dance Orchestra from the Majestie Ballroom (by courtesy of Management).
the
10.30 pan. Rugby Mid-day Press
Newa.
.11 p.m.
Close Down.
ZEESEN PROGRAMMES
This Evening's Broadcast From The German Short-Wavers Sperial programmin for Far Exsler Listeners will be brondesat from Zermen 12 follyw
SOUTH ASIA ZONE
Bouth Asia on, broadcast from JU, (19.74 metres) and USN (81.44 metrem ).
4.45 p.p. · 1932, DIN Announcement (Germ
Engl) German Folk Song. Pre Kramme Forecast (German, Engl
p.m. Palk Banten of the Germana on the
Volgs. Sung by the Bulow Group,
6.30 pm. News in English,
5.45 p.m. Glad Easter Customs from All Parts of Germany. Scenes and Hege
4.38 ..
Topic Talk,
6.4 p.m. News in German.
7 p., Concert af Light Hastr.
A. Newn in Kogllah.
8.14 p.m. Clựụng down DIB, DIN (Germ..
Engl)
FAST ASIA ZONE
East Asia Zone bron-Jenet through DJA ak $1,38 metres, and 138 (33.45 metre), *P DẪN. DIJA, DIN Aŭnouncement (Germ,, Engl) German Folk Song. Proi gramme Forecast (Gozni., Engl 9.15 pum. "fajk Bongs of, the Germans an the, Volga, Sung by the Huluw Grup.
9.15 p.m.
New York Cotton
Apr. 14.
11.07
11.76
11.73/74
1141
11,2743
11.10
11.49/49
11.53
11.59
14.05
11.53/53 11.62/03 12.00
10 ..
New York Rubber
11.631,
11.78
11.07/97 12.06/00
11.03
11.00 12.18 12.21
Total sales-607 lots
Chicago Wheat
100% 100
October
New in English on, DJA And In Dutch en DJN.
Light Concert Programme with interperions,
11.5 pam. Kert In German on DIA and
DIN, 11.30 p.m. Sunny Little World. Á Moriske
Radio Sequence,
12.21/21 11.15 am. News in English on DJA and
In Dutch on DIJN.
Engli
12.28/28 12.42/44 12.33 . Close down JA, DIN (Germ.. 12.61/61
A further sum of £5,500,000 in event were it not for the fact that July a full year and of £4,500,000 in the I know I will have the advantage September current year would be accounted of the advice and assistance of December ..... for by restoration to civil servants every member of the General Com January and others of the remainder of the mittee, and indeed that I April 11. April 15. cuts in salaries and allowances obtain the assistance of any mem 70.27/61 78.3/01 nude durlug the crisis. This her of the Chamber when occasion, May .1-1.997
14,98%
12.02 would leave film with a prospective arises. I can only assure you that July
100% 90% 500 surplus of £600,000:-British Wire I shall do my very best under cir- September
100% 1001 100% TH H Hess,
cumstances which I know are going Saturday's sales:—30,781,000 bunshels to be very difficult. I thank you May Chiengo Corn
.12.00
7607
..089%
1/07%
New York
1/7.7/16
1.85%
17.17 .25%
7.19
115.11/16
··177% 96% 110
.28K .1/0.3/10
1/2.1/16 10%
.212
.4.804
*4.87
314
314%
107
Hongkong. .2/1.5/16
Brussels
"Bombay
Yokohama
Montevklen.
Belgrade.
Montreal..
Silver (Spot) ...99.11/10 Silver (forward!).20.13/16 War Loan.100.11/16
BELGIAN BANK
+
26 110%
180 36.16/32 110 2/0% 28.5/16 A Belgian bank will shortly, open -1/6.1/10 in Hongkong for business, and will 1/43/32 have the distinction of boing the first 40 Belgian banking hours with a branch
213 In the Colony.
FIRST TO BE OPENED IN THE COLONY
British Wirelega,
One case of Meningitis was re ported to the local Health authorities -during the woek-end. -
very much, Gentlemen.
This concluded the proceedings.
July
100% 09%
884 88% 88%* 93% 2214 '82 September ... 70% 77% 77% Total sales:-12,995,000 bushels Winnipeg Wheat
Mr. Noel Coward, the well-known stay playwright, and his host, in Hong July kong, Commander T, A. Hussey, R.N., President and members of the Rotary July have accepted the invitation of the May club to attend to-day'a meeting. The September speaker will be Mr. 3. W. Beaton, of Montreal.
understood that a vault is now being
The name of the concorn is tho Banque Belgo Pour L'Etranger, whịch although hitherto without a branch in Hongkong, has branches in Shang- excavated. hai, Tientsin and lankow.
With its head office in Brussels, This institution has chosen the the Banque Dolge Pour L'Etranger, promises recently vacated by Messrs, which is allated to the Societo Arts and Crafts in Des, Vooux Road, Generale de Belgique, has a capital and work is already in hand to pro of Bolg, Fea. 200,000,000 and ́n re- pare the placu` for business. It is serve of Belg, Fes. 180,000,000,
.89% 80% 894
90% 80% DU
New York Silk
1.33 1.37 1.88 1.02 1.07 1.36. 1.31 1.35 1.35
Total sales:-23 loti
Montreal Silver.. May
68.00 July
00.50 September.... 70.85 December..... 71.25b
Total sales-01 Contracts..
New York Metals
Apr. 11. Copper January 7.11 Tin January ****** 49.50 *Possibin mutilation,
$8.45/00 69.00/00 60.80/80
70.75/71
Apr. 15. 27.12
DAVENTRY PROGRAMMES
To-day's Broadcasting From Four Transmissions
The following wave-lengths and frgamencion
(Continued on Pago 5.),
***AN
4 STARS; from Liberty!
Grace Moore
ONE-NIGHT of LOVE
49 FRIDAY at the STAR
NEW
Mackintosh's
DESIGNS
IN
WASHING
TIES
from
made Cotton, Linen and Fancy popiln
LOOK WELL WASH
WELL WEAR WELL The best tle for
Summar woar
From
75 cts. each. Less 10% custr discount.
MEN'S WEAR SPECIALISTS:
Do You
Want
YOUR HOUSE PAINTED
?
?
G DECORATED
NEW CURTAINS
COVERINGS FOR YOUR FURNITURE
EXTRA PIECES OF
NEW FURNITURE
Telephone 24173 and we will submit Ideas & Colour Schemes,
Patterns. Photographs & Drawings for your selection.
ARTS & CRAFTS
HOUSE FURNISHERS
330 SHAUKIWAN RD.
NORTH POINT.
For Furnishings At Factory Prices.
BIG CAR COMFORT AT
SMALL CAR PRICE !
CHEVROLETA
AND ONLY CHEVROLET CAN OFFER YOU SUCH A CAR WITHOUT HAVING TO SACRIFICE QUALITY AND PERFORMANCE.
In spite of its low first cost, you will find in the CHEVROLET STANDARD SIX a big car in every sense of the word.
Such features as 26 H. P. VALVE-IN-HEAD ENGINE, DOWN-DRAFT CARBURETOR, CUSHION-BALANCED ENGINE MOUNTINO, FISHER BODY, AND NO-DRAFT. VENTILATION, ADJUSTABLE SUN VISOR AND THE OCTANE SELECTOR, are only but a few of the outstanding features that make the STANDARD SIX the greatest value ever offered before in the BIG CAR-field.
For demonstrations further particulars apply
FAR EAST MOTORS
Nathan Road, Kowloon,
Telephone 59101.