12
KINGS
TO-DAY ONLY
At 2.30, 5.10, 7.15% & 9.30 p.m.
As real as your awn family troubles — as funny as those of the Ifolks next door!
EVERY SATURDAY
NIGHT
JUNE LANG
THOMAS BECK
JED PROUTY SPRING BYINGTON
TO. MORROW
RONALD COLMAN in "A TALE OF TWO CITIES
M.G.M.
"
Picture
QULLA'S
TO-DAY ONLY
At 2.30, 5.15, 7.20 & 9.30.
A killer on the loose in a
Broadway theatre! He tangles the lives of people like YOU
... dynamites them out of their seats and into the story!
Adalah Zakar presents
PAT
HOURS TO KILL!
with Richard BARTHELMESS
JANC
TO-MORROW
JAMES
FRANK
JEAN
O'BRIEN FROMAN MELTON MCHUGH MUIR in "STARS OVER BROADWAY”
TAKE ANY TEAM OR HAPPY VALLEY ÖVE
EORIENTALE
RETO-DAY • TO MORROW.
MORE ZDAYS SI
HERE'S A PICTURE YOU'LL LIKE ! SOMETHING NEW
IN A JOYOUS MUSICAL COMEDY SHOW FULL OF CATCHY SONGS,
GRAND MUSIC, HUNDREDS OF PRETTY GIRLS AND LOADED WITH LAUGHTER.
A Teramount, Pictors withe
JOHNNY DOWNS
BETTY BURGESS
JACK HALEY EDDY DUCHIN AND ORCHESTRA
·ANDY DEVINE ALICE WHITE LEON ERROL
MATINEES: 20c.-30e •
CORONADO
Ship ahoy! Eddy Duchin, and His Orchestra rule -thu-awnkist...waves!
EVENINGS: 20c.-30c.-50c,-70c:
The MING YUEN STUDIO has removed to the 3rd Floor of No. 6 Queen's Road Central,
JUST OPPOSITE the Dairy Farm's Soda Fountain.
THE HONGKONG TELEGRAPH. FRIDAY, MARCH 27, 1936.
HELPED BY LOW DOLLAR
FIRE INSURANCE CO. PROSPECTS
surance
ANNUAL. MEETING
Presiding at the annual meeting of shareholders of the Hongkong Fire In- "Co., Ltd., to-day, the Hon. Mr. J. J. Paternon remarked on the drop in exchange, which had enabled the dividend to be maintained at its present lovel. Now that local cur. rency was more or less pegged, the
Tables Turned
On Constable.
FINED FOR FALSE TESTIMONY
Discharging a Chinese charged with obstructing an Indian constable, Mr. Balfour, at the Central Magistracy this morning, charged the constable under the Magistrates' Ordinance for giving false evidence in the witness box, and imponed fine of $00.
The defendant was Chan Cheung, aged 29, unemployed, and he was charged with obstructing P. C. B482, Noor Mohamed, in Queen's Road Cen- tral near Bonham Strand East on March 24. Sub-Inspector L. Mist ap- peared for the prosecution.
At the previous heuring, evidence was given by the constable that he saw two boot-blacks in Queen's Road, and when he went to arrest then, defendant obstructed him and prevent- od him from doing so, and he arrested defendant instead.
Evidence was given this morning A to the 1935 account. Mr. I by Li Kuen, accountant of the Tal Bing Goldsmiths, of Queen's Road Central, who was an eye-witness of
que hoped to
proceed more
and better able to foresee what lies ahead.
expressed the hope that the final balance would allow of the same
or
to Khareholders.
man
perhaps an
an increased distribution
Ackiness.Kentlemen,-Tho
shareholders, the Chuir
report and accounts having now been in your
harda for
for some days, I propose, with your permission, to follow the usual custom of taking them read. It is with much pleasure that your General Manager and Consulting Committee are
are able once again
them as
before you what they feel muat place you bo considered a satisfactory Account for the year 1934, the more so
that at one time during the past year, with exchange at over 2/d. and every of its going even to what
en higher,, prospect hnd very grave misgivings na sort of showing our figures make when
na
we
allars, and pressed a Hongkong
cet-
were faced with the tainty that, unless a fall set in, the davisend could not be maintained at ita present level. It la of no con solation to the holder of a dollar share to know that his dividend in worth more in sterling, but, that would have been the only comfort we should have had to offer.
HARD BLOWS
cern,
dividends in
and its sister con .This Comm
The Canton Insuranes Office, Ltd, are two of the few local com panies which, while trading very in sterling und sterling
countrics,
show their ani
their pay Hongkong dollars and we have had and many shrewd blows over the last Lawenty years, during wh.ch period our accounts have been shown at exchanges varying between a high of 1/10 in 1920 and a low of 1/14, in 1931. We are hopeful, however, with our local currency now more or less pegged, that we can proceed more quably and be better
able to foresee what lies ahead of us.
urn reviewing the accounts, so much turns on exchange that comparisons are of little or no value though this will not be so in future, if our local dollar romains round about its present
|sterling value.
The premium income for the year now under roviow, is the highest wo
have had, with the exception of that for 1920 when our sterling was con- verted at 1/1d. The improvement ia entirely due to our starling opera tions, as income from China and local! sources shows a serious decline and one which we are unable to check under present conditions of trade in this part of the world.
SOME COMPARISONS
CANTON'S HUGE CLAIM
SEEKS $95,000,000 FROM NANKING
MILITARY EXPENSES
Londen, Mar. 26, Efforts are again being renowed by the Canton Government and the Can-] ton Chamber of Commerce to recover from the Nanking Government the stupendous sum of over $95,000,000, which is claimed to be a debt owed to Canton since -1920 whon the
Anti-Northern Expedi Kuomintang's
Thu tion was organised and started. money was raised through three
iamres and several lottery bond loans to france the military campaign
big
ALHAMBRA THEATRE
NATHAN RD ROWLOO
TO-DAY ONLY
LOVE AT THE THROTTLE AND DEATH LURKING 'ROUND THE
CURVE!
George O'BRIEN
WHISPERING
the incident. He stated tint about which resulted in the overthrow of the SMITH Speaks
1 p.m. on March 24, a small boy was cleaning shoes outside his shop when an Indian constable approached the boy, caught hold of him by the neck, ❖ARY RELASYONİAL
DYNAMITE BLAST KILLS 30
Disaster In Mexico City Station
Mexico City, Mar. 26. A load of dynamite ex- ploded in a railway station near here, the station and surrounding building being destroyed.
The total casualties are not yet known, but it is re- that thirty were ported killed.
The dynamite was on its way to local mines for blast- ing purposes.-Reuter's Bul- lelin Service,
A
the Northern regime and to establishment of the National Govern ment at Nanking.
the
According to an official estimate the debt totais exac
exactly $95,200,913.80, re- presenting the Finance Ministry's 1st, 2nd and 3rd Lottery bond saues and the Finance Rehabilitation bands amounting to $22,084,078.25. Central Bank note issues amounting to $35,233,042, loans to the Finance Ministry amounting to $31,030,283,28 and unpaid interest amounting to 30,910,211.36.
Canton's request is that if no cashi is avaliable, the Central Government ought to at least issue to Canton Ita now Consolidation bords in exchango for the old bonds which it issued in the anti-Northern Canton prior to Expedition.
Mars several past years During the attempts have been made to get the Central Government to consider
but refunding to Canton,
without When the Canton delegates results. wore in Nanking last year attending the Fifth National Congress a renew ed petition was cabled to Nanking, but it also failed to bring the desired remalt.
A
DELEGATION FOR NANKING The Kwangtung Provincial Assemb ly after a lengthy discussion on the dele. matter has decided to send a
members →JURUNANKENNISSEN DANSgation, consisting of five
the. Assembly, to
to Nanking to press the steps squeezed him and struck him.
Financo Ministry to consider
Canton. pedestrian, whom witness identified as
for repaying the loans to defendant, remonstrated with the con- The delegation is expected to be in 10 and during stable of his treatment of the young- Nanking on April ster, but was told to keep quiet. The their stay in the capital they are ex- the constable also struck défendant, and
pected to present a petition to when dufondant continued to re- Central Kuomintang Headquarters! monstrate with him, arrested him and and the National Government and to Look him. to the Central Police discuss the matter thoroughly with officials of the Executive Yunn,
Station.
High
of
The constablo alleged that witness particularly the Minister of Finance, was telling lies and said defendant had sent someone to tell the witnearing to Canton at the end what to eay.
Mr. Balfour: Defendant is dis- charged. I want to charge the con stable under the Magistrates' Ordin, ance for felag evidence in the box. It it a very bad case. Wrongful arrest and assault on defendant. The Con- stable should be put on the report.
Inspector Mist agreed that it was a bad case. The constable's salary, he added, was between $25 and $30 a month, depending on his period of service.
Mr. Balfour then imposed the fine mentioned, and sald. It could be paid in instalments of $10 a month.
When compared with the year 1933, ing granted to members of the staff loases work out at 49,38 per cent, as
worked well during the
DIFFICULT TIMES.
from
It is understood the delegation will ask the Central Authorities to send a cash remittance to Canton, falling which they will suggest as a minimum demand that the Ministry of Finance issue to Canton its new Consolidated bonds in exchange for the old First, Second and Third Lottery Bonds as well as the Finance Rehabilitation Bends and to pay by instalments all the interest in arrear.-Router.
GERMANY MAKING NO PROMISES
INTERPRETS TREATIES AS SHE BELIEVES
Berlin, March 20, Official circles decline to comment on Mr. Anthony Eden's speech in the House of Commons,
Unofficially, the opinion is express-
against 41.42 per cent, charges fell who have
year. from 43.04 per cent. to 40.44 per cent, the percentage of proit resulting being 10.18 as compared with 14.94. I do not think there is anything While a
profit of just over 10 per cent further that calls for special mention is satisfactory in these hard times, by me. Business is no less difficult it does
not
represent a huge sum on with us than in other lines of com our income and it is the problem of merce; when times are good insured Increasing this last,
lines, sound on
do not worry too much about rates, that is our ever constant problem, but in loan times such as the present The figure of interest has risen everything in cut to the bone ani,
$399,571.74 to
to $477,820,87, this unfortunately, there is no resurrec
of insurance rates, being due almost entirely to our tion in respect sterling investments, income from which if once down never come back.
od that Germany could hardly under- local securities having improved by After the resolution which
take not to fortify the Rhneland, only
$21,760.32, though, I suppose, we about to propose has been duly second- should be thankful that it has risen ed, I shall be pleased to answer to because it would be unless to have
the best of
of my ability any questions troops there without protection
Reuler. The balance at crodit of Working that Shareholders may wish to ask.
INDEPENDENT STAND Account for 1936 is $753,110.76 an now propose the following resolu
Leipzig, March 26. nprovement over the carry forward tion: That the Report and Ac-
"We interpret treaties as we think for its predecessor, also after twelve counts, as presented, including the right, and we do not submit to the
It payment of a Dividend months working, of $124,002-75.
of $11 per won about the final result but vestment and Exchango Fluetuation Adolf Hitler in a speech here to-day. be premature for me to say share, an addition of $100,000 to In- judgment of others," declared Herr.
at all.
we are hopeful this account will run off leaving a balance that will
allow
of the same, or perhaps an increased,
distribution to shareholders.
The
Wo
i
All
an
Account, the transfer of $122,910.82
pleasure in seconding the resolution.
to the credit of Reinsurance Fund, and the payment to the Staff of 16 per cent. upon their salaries be adopt- surplus to dealt with now is ed, and passed."
be $002,710.82, the balance of Account Sir William
am Shenton: I have much 1934, and we recommend the payment
The Chairman: Thank you very of a dividend of $11 per share absorb ing $440,000; the appropriation of much- Sir-William-I-am afraid thi $100,000 to Investment and Exchange Is the last time I shall have the Fluctuation Account and the balance pleasure of hearing you do this. of $122,910.82 to Reinsurance Fund.
The motion was put to the meeting notice You will
that
have
and carried, oliminated the bonus of $1 per share
OTHER BUSINESS and included it in the figure of dividend.
"WAIT AND SEE" It may be thought that some in- might have been made in respect of this year's distribution, but your Board fool that it would be well to wait and see how things go; In 1829 our revenue from interest was over $630,000 and yet in 1933 it fell
Inkhs. We do four
want not under to
increase that can to recommend any
So maintain continue in a sound The roservOS
one calling for & Fleming as position, the only mention being the Investment and Exchange Fluctuation Account which
crease
motion opted.
-Reuter.
ZEPPELIN
RESUMES VOYAGE
REPAIRS EFFECTED.
TO NEW SHIP
to
Berlin, Mar. 20,
•IRENE WARE. KENNETH THOMSON Directed by DividHeward
A Fox Release
STARE
TO-MORROW
The Modern Conaration's Most Exciting Dramatic Event!
THE GIANT HIT!
The grea
love story
You have
·waited 2 years to
Ted on the
Karate COLMAN
A TALE OF TWO CITIES
with a cost 49,000 includingt Elizabeth kitam » Elba May Üllow Reghald, Owen • Basil Rathbone Be Yurke – Huery 1. Walhall
* Mcbo Gothryn Mayer net
4 SHOWS DAILY
At 2.30, 5.20, 7.20 '&.9.20 p.m.
TO-DAY & TO-MORROW THE BEST PIcture of 1935 ! AWARDED FIRST PRIZE BY ACADEMY OF MOTION PICTURE ARTS AND SCIENCES AND ACCLAIMED THE BEST PICTURE OF THE YEAR BY NEW YORK CRITICS'!!!
Their love was the flaming crucible that set ablaze a city's mob-mad fury!
The
With
The most as tounding drama
the screen has produced!
VICTOR MCLAGLEN HEATHER ANGEL PRESTON FOSTER. MARGOT GRAHAME Wallace Ford Una O'Connor
RKO
RADIO Picture
from the novel by Lem-O'Flaherty,
Cliff Reid, Asso clate ProduceA
Added Attraction; "RAINBOW PARADE" Colour Cartoon. SUNDAY AND MONDAY, TWO, DAYS ONLY! MARION DAVIES and DICK POWELL
IN “PAGE Miss glory”
TO-DAY & TO-MORROW
A Warner Bros. Picture.
MAJESTIC
Cari LeamCLEAN presente
EAST
OF
JAVA
starring
At 2,30, 5.20,
7.20 & 9.20 p.
CHARLES BICKFORD
in Universal's Amazing Adventure Drama)
FRANCIS
LEDERER
...in
"THE GAY DECEPTION
FEI HANG MOTOR CAR Co. 28, Des Voeux Road C.
Mr. J. Fleming: I beg to move that Sir Robert Ho Tung, Messrs. C. Bernard Brown, A. If. Compton, L Durbar, Felix A. Joseph, T. E.
The airship, Hindenburg, which is SUNDAY:- Pearce, J. H. Taggart and S. T. Wil- Hamson, who are retiring but offer
a four-day cruise over themselves for re-election, be re-undergoing elected to the Consulting Committee, Germany, accompanied by the Graf
Zeppelin, has resumed her journey. I have pleasure in Mr.. 8. H. Ross:
it is officially explained that the seconding the
trip was interrupted because it was The motion wax
part of the exchange I beg to propose the necessary M. H. Lo: I
equipment airahlp's technical re-loction of
of Micssrs. Lowe, Bingham & Matthews auditors at a remunera- the Hindenburg was caught by agent
and Perey Smith, Seth Previously, it was reported that on]
leaving the ground at Friedrichshafen Los of $1.500 each per annum.
Mr. II. J.
arts to be buckled Router Special. the motion. Beconding The motion was adopted. respectively. This shrink- £561,038.72
mal causes age is due partly to normal
The meeting was then closed. Those present werg Masers, the but still more to our drastic writing down of all investments of which we J. J. Paterson. (Chairman), C. are in any way doubiful; much may Bernted Brown, L. Dunbar, Felix A |bo considered as meroly Roary
not
shows falls of £60,950. 14. 10 and pleasure Amstrong: I have much of wind and bumped, causing several
and wo, aro. more than
NEW SHIPPING ORDERS
London, Mar. 20. ~ Messrs. Harland and Wolft have re- T. E. Pearce, J. II. Taggart, ceived an order from the Union Castle that, S. 1. Williamson (Consulting Com-Line for a sister ship to the 25,000- ton passenger motor vessel, Stirling Castle, and for two cargo vessels of 8,000 tons each for the South Ameri- can Servico-British Wireless.
sooner or later, the balk, if not the mitoo). E. M. Itaymond.: M. H. Lo, whole, will come back to us. I trust H. J Armstrong, Sir Willam Shen you will approve of the usual bonus ton, J. Fleming, S. H. Ross and M. W of 15 per cont, on their entaries bo-Lo (ehareholders),
Tel. Nos, 22188 & 26391,
ATTRACTIVE MOTOR CARS FOR HIRE
PLYMOUTH 1936 MODEL SALOON CARS
"CHEAP RATE FROM 50 CENTS PER MILE, BRANCH: 156 Hennessy Road, Wanchal.
Printed and Published for the Proprietors by FREDERICK-Pr FRANKLIN, at 1 and 8, Wyndham Street in the City of Victo Hongkong,