DOCK COMPANY MEETING
HEALTHY POSITION
REPORTED
COMPETITION
NOT
ARMY AND NAVY
MEN ROBBED
|TWO MEN GAOLED FOR THEFTS
Λ serica of thedis in military quarters were brought to light with the arrest of two men, Taul Troj Anti Chau Kwai, unemployed, after they had committed a thot at the Sailors' and Soldiers' Hams on Saturday.
The defendants were charged with having In money, a
wrist watch, a silver silver cigarette lighter, a pocket wallet and a xuit of grey clothing, property of Mr. Distin, changeman at the Royal Naval Dockyard, from the Sailors and Soldiers' Home: (b) on March 21 from the Jallors and Soldiers' Home,
to (4) on March 28 $50! cigarette caso, FEARED
Д
THE HONGKONG TELEGRAPH. MONDAY, MARCH 30, 1936.′′
FINANCIAL CRISIS IN FRANCE
BEING BLED OF HER GOLD
DEVALUATION
FEARED
MURDER ATTEMPT STORY
TURNS OUT TO BE FALSE
A quarrel between two men, sald to have started over a pair of shoes, which led to one of the men being struck on the back with a polica whistle was the cause of tha'elicula- tion of a police report of an attempted murder at Shamshulpo on Friday Inst.
RADIO BROADCAST
Music and the Ordinary Listener
Z.E.K. PROGRAMME
From Z.B.W. on a wave length of 365 metros (846 kilocycles);
6-8 p.m. European Programme. G-7 p.m. A Relay of the Hongkong Hotel Dance Orchestra.
7.7,28 p.m. Master Yehudi Menuhin (Violin), Miliza Korjus (Soprano).
One of the men, Chan Lim, 22, a wweet drink hawker, appeared in the dock before Mr. Macfadyenat-the Kowloon Magistracy, this morning, charged with having naazulted Sham Kom, 22, a pig-breeder, at Kowloon Chai" vilinge. Both the men were bound over in the sum of $50 to be of good behaviour for one year.
Detective-Sergeant Forrest stater
(Fuganini) The Bank of France to-day raised | that the case when first brought to during the past year were referred to ghamel cuff links, property of Stoker the discount rate by 1 per cent, to the attention of the police was
An assurance that the position of the Company was on a very sound basla was made to shareholders by the Hon. W. H. Bell when he presided at the annual general meeting of the Hongkong and Whampoa Dock Co. Ltd., held this morning.
ing
The dificult exchange conditions
were
by the Chairman, who stated that the Suctuations made it difficult for the Company to retain ita usual business.
Others present at the meeting the Hon. Mr. J. J. Paterson, MeaRTS. Stanley 11. Dodwell, F. A. Joseph D. Drummond S. T. W Cock (Chief Mana- Hosle (Secretary), G. W. Sewell, J. E. Joseph, Le Koon-hang, Le Koon-kan, II. da Luz (represent- the Hongkong, Canton and Macao Steamboat Co.), and A. 11. Potts (shareholders).
Addressing the meeting, the Chair- man said:-Gentlemen,The report and accounts for the year 1936 have been in your hands for more than the prescribed period, and with your per- mission, 1 will follow the usual pro- cedure and take them as read. The reduction of capital, which was passed by shareholders at the extraordinary general meeting held on the 25th March, 1985, was duly confirmed by the Court of Hongkong on the 20th April, 1935.
brown leather suitcase, two suits of clothing, a woollen pullover, eight Llos, a silk shirt, one set of silver and
two
Landon, Mar. 28. Alded by Great Britain, France is making every effort prevent the gigantic outflow of gold which may possibly result in the devaluation of the franc.
5 per cent. The British equalisation | circulated as an attempled inurder. funil was actively employed in both The complainant was found by a pic- London and New York, bolstering the ket patrol car in Boundary Street frane. It is understood that 150,800,- with a wound on the back. The man 000 francs was quoted at a discount nileged that he had been stabbed, and of 2 franes to the pound sterling for was immediately rushed to the hos four months and 4 1/8 francs discount pital, but was found to be suffering for three months.
from a minor injury only.
Harrison; on March 21 from tho Sailors and Soldiers Home, one suit- case, one uniform, a raincoat, two white silk scarves, one ingersoll watch and an album, property of Stoker
K. B. Blackley; on February 24 from Wellington Barracks, eight pieces of of braces, one phira
book. ete ease and an Army pay
Larker. Sapper Corkhill and property of Lance Sapper Mile: around the gall point between 14.35d by the defendant at an unnumbered In Paris to-day the dollar havered It was alleged that he was nesauit- on February 13 from the Military franes to the dollar and. 15.it, at hut at Kowloon Chai village. It was Hospital, Bowen Road, Lavo piezen of
alleged that a police whistle was used clothing, fountain
Very little cigarette case, property of Corporal arrangements have been made for harm was done.
As far as can be learned at present to inflict the wound, 1. V. Cott, R.A.M.C.: on March 4the actual transfer of gold to New from Wellington Barracks, six pieces York, due firstly to the Inpenting clothing, property of Staff Sergeant elections and, secondly, because there Cellles and on March 2 from the Military Pollee Barracks, Queen's faner Carpara! Haelahan.
a jacket, property of
of
Rond East.
pen
and |
trousers,
Firat defendant was additionally charged with stealing a tweed jacket and a pair of Anne! property of Lance Corporal Jennings, from the Wellington Barracks January 15,
CHARGES ADMITTED
previous conviction for larceny.
He
L
Defendants admitted the charges, 2301 | atul first defendant also admitted a
was sentenced to a total of ten months hard labour,
མསཱུu1; defendant to a total of seven months' hard labour.
The authorised capital of the Com- Hany is now 1,000,000 shares of $10.00 each. The capital issued com. prisca 67,040 old haren of $10.00 ench as reduced, and 136,280 new shares of $10.00 each fully paid, regret to say that of the offer of 136,280 new shares only some 13,871 were taken up by shareholders, but am pleased to nid that, an indiented in any speech at the extraordinary
general meeting, the remaining new
Both defendants were also ordered
pay Mr. Distin $25 notends each or serve one month's hard labour in ad dition. They were also ordered to ge
din. Truper vision for one year
shares wore all taken up, making total issued share capital 202,920 | am shares of $10.00 each fully paid. The amount received in cash for the new shares was $1,362,800.00 which sum was utilised to reduce the Company's overdraft.
OVERDRAFT REDUCED
In addition to this we have during the past three years, reduced our overdraft by nbont $1,000,000.00. Shareholders will have noticed from the accounts that the reorganisation
E. Carey
which level it closed,
no fast bents until Wednesday. Actual devaluation of the franc in not expected pending the French though it is rumoured that an embargo elections on April 26 and May - es gold exports is imminent and this the abandonment of the gold starlard, is considered as being tantamount to
-United Press,
NEW YORK'S MARKETS
INTEREST MAINLY IN FOREIGN EXCHANGE
THEATRE EMPLOYEES
CHARGED
Two ticket collectors, Siu Kau, 30, employed by the Peine Theatre, and Sheung Kok-wah, 23, employed by the behaving in a disorderly manner by Po Hling Theatre, wire charged with fighting at Nathan Road near Soy the som of $50 each to keep the pence Street and were both bound over in
for one year.
First defendant alleged that when he went home on Saturday his younger sister complained that she had been teased and interfered with in the street by two young men dress- ed in Europens clothing. Defendant went out and stond by the doorway af No. 201 Portland Street just near the Portland Theatre, where he saw second defendant walking along.
דיי
+
al to him trecand defendant)." stated first accused, "Look at the New York, March 28. cheap European clothes you are wont, The New York Stock Market was ing. and then he turned round and Detective Inspector A.
extremely chill and irregular to-day, struck me with his fist, and knocked said that after a report had been aging a moderate rally after anon of my teet
teeth
D41 է, ned by Mr. Dlatin, detectives were ed, led by United States Steel Cor-
early decline. Steel issues recover sent out and the watch was found in re
poratlem cominon. a pawnshop in Queen's Rond East.URLI
Cement issues were in demand, vil The detectives waited at the pawnshop, mixed, notors registered fractional Issues were and were rewarded when first defea-gains and ralion issues recovered dant Inter appeared. He was arrest from their low levels. ed, and gave information leading to
Auctuated in Communications were implements were Armed on the price
Utility Issues
farm
and
the arrest of the second defendant. The majority of the articles mentioned arrow range. in the charges hul bern recovers.ower and
Sughrs A sum of $18 was found on the first duit. of the share capital of the Company thefendant, and Mr. Schofield ordered outlook Was auccessfully, carried through in * this
tn br Kiven
accordance with the resolutions sub- mitted to the meeting of shareholders; complainant.
and the sum of $4,806,000.00 lost by diminution in the value of the under
by
the
copper
issues
were
The dollar
Second defendant alleged that he was attached to the Po Hing Theatre. Some time ng first defendant tried to Theatre, but defendant found him out pass four forged banknoten at the the and ever since then, first accused bore him grudge.
On Saturday first defendant together with another man and a woman, assaulted defendant, that was why he (second accused)
track first defendant.
Insecter Shannon stated that the |Two men were only fighting with their
Asts and no damage was done.
When the case
was taken to the police stat first defendant's younger station. sister alleged that second accused had interfered with her in the street. "I believed her story," added Inspector Shannon. "Because she was rather excited at the time."
first steady,
Interest turned mainly to the for. |eign exchange market.
soared early in the session in ten
the gold point until the Bank of France raised the discount rate to from 311⁄2 per cent. thus raising the Europe and the United States des frane which was heavily sold in
There were no independent wit plte the support of the Britishness of the incident and both the men made allegations which could not equalisation fund.
The Bond market was irregularly be proved.
taking was writum off assets thereby in transit is valued at $1.175,173.75f gold. The frane was far below MOVING
in depreciation approximately on a conservative basis. $100,000.00 yearly. This, together with aving in bank interest due
tho to the reduced overdraft, will, as foreshadowed last year, help to put the Company on the road towards a dividend.
for
I do not think that there is any thing further in the accounts for me to comment on, but I should like to say that considering the state of shipping and condition still ruling, I feel the results for the past year
not unfavourable. Mr. E. Cock, Chief Manager, went Home leave last year for a period
CLOUDY WEATHER
The balance of Working Account
lower and very dull while issues on 1935 is $162,053.89 less than the previous year but with the saving in
the Curb Exchange were quiet and depreciation and interest, together of six months and while at Home irregular-United Press. with unclaimed dividends brought in, visited a number of yards and en- the net profit for the year is more on the Continent and spent a very gineering works both in England and by $20.162,43,
Company will derive from, this visit useful leave. The benefits which the to the Homeland will be felt in due season.
HEALTHIER POSITION
exchange
ask.
CONGRATULATIONS
PHILIPPINE GOLD MINING SHARES
7
1. Violin Solos-"Tear's Brido" Song of the Brido (Rimsky-
Campanella, Op. Korsakov);
2. Song Variations (Proch); 3. Violin Solos Sellfenne et Rigaudon (Kreisler), Guitarro One Nights Waltz (Strauss), L (Sarasate): 4. Songs Thousand and Villanelle (The Swallow), (Dall Acqua).
7.28-8 Memories of Lohar
Viennese Memories. p.m. Hall Vienan,, (Dostal); Viennewo (arr. Henry Hall): Vienna by Night (Komzak): Waltzes from Vienna
8 p.m. Time and Weather Report: 8.05.11 p.m. A Relay from the Ko Shing Theatre (Chinese).
11 pm. Close Down.
8.05-10 p.m. European Pro- gramme From ZEK. On A Fre- quency of 640 kilócycles.
8.05-8.30 p.m. Song Memories. Vocal Sweet Genevieve (Tucker); At Trinity Church (Gilbert). Honey- sucklo and the Bea (Fitz), If you want to know the time ask a Police. 'man (Rogers); What's Next? Herman Finck) Farm Four-War Songs Medley: Once Upon Time- Selection..
(arr.
8.30-9.15 p.m. A Relay from Deventry.
8.30 p.m. Sir Walford Davies: "Music and the Ordinary Listener" What about the Tune? 7. Tunes nx characters in a play.".
9 p.m. Daventry News Bulletin (Copyright by Reuter).
9.15-9.32 Songs By Richard Crooks
(Tenor).
1. Nirvana (Adams); 2. Good-Bye (Tosti); 3. Killarney (Falconer); 4. Love Everlasting (Frimi).
2.32-10 p.m. De Groot and the Piccadilly Orchestra.
Les Millions D'Arlequin (Drigo); Old Spanish Song (Aubert); Till Wake ("Four Indian Love Lyrics") (Woodforde-Finden); The
Temple Bells ("Four Indian Love Lyrics") (Woodforde-Finden): The Dream-Selection
Woltz (0. SL:AUS); Call Re-Marie" Indian Love (Friml); Unti) (Sanderson); Vienna Blond-Waltz (Strausk).
10 p.m. Big Ben: Close Down.
WHOLE
FAMILY POISONED
ACCUSED YOUTH ADMITS GUILT
Was
alleged against Wong Kwok-shing,
Administering *cf polson
aged 18 years, unemployed; when he was brought before Mr. S. F. Balfour ut the Central Police Court this morning.
Street. They are Ng Hoi, 40 years, Yu Lee, female aged 40 years, Ng Lung, 10 years, Ng Yuk, female, aged 12 years, Ng King female, nged nine years, and Li Sung, female, aged 15 years.
The accused was charged with nd- Messrs. Benjamin & Potts received the following buying and selling quothing to six inmates of 22, Mercer ministering poison Dr A noxious tations from their Manila Agents this morning: - The anticyclone over China con-Benguet Consolidateds 11.50 tinues to increase in intensity, and Antamaks has extended southward and east-United Paracales the north-west of Shantung. ward. Pressure remains highest to San Mauricios
The de-I. X. L.'s pression is still indicated to the east Masbates winds, fresh, cloudy, of Hokkaido. Local forecast:-N. E. Demonstrations
Big Wedges
11.70
1.30 1.40
.40
.42
.70
.00
05
.40
.50
.41
.16
DAY BY DAY NEWS IN BRIEF
..41%
.17
IN LIFE, AS, IN A FOOTBALL GAME, The P. and O. liner Carthage, with THE PRINCIPLE TO FOLLOW 18: Hr the English malis, is due here from
DON'T BHIRK, BUT HIT THE LINE HARD. THE LINE HARD: DON'T FOUL, AND Singapore on Wednesday at D a.m.
Theodoro Roosevelt.
Prosecuting, Detective Sub-Inspec- tor O'Donovan stated that the food and the bottle containing the alleged mixture had been sent to the Gov- ernment Analyst. The police did not know whether it was poison or some destructive substance.
The Analyst's report was awaited. The patients were in hospital for two days.
It was alleged that the defendant was a former employee of the com- plainant. He left last year and since then had visited the floor fre- quently. On the night of March 20 lie called and presented the master with a duck, suggesting that they bad it cooked for the evening meal.
· SUGAR AS ANTIDOTE
The value in sterling of the Hong kong dollar rose during the year from 1/8% to 2/0, the latter figure being quoted towards the end of April after which Exchange gradually receded to 1/3.6/8, the rate on the 1st Decem-to the staff and employees for their I should like to record our thanks 1936,
conditions during the loyal and earnest support during the year were very difficult. The duetun has had a difficult time as he had to past year. Mr. Hosie in particular tions made it very difficult for us to
do a great deal of his own work as retain our usual business and I am sorry to say that during the period the absence of Mr. Cock on leave.
well as act as Chief Manager during of the higher exchange, we lost do not know what the future has is business to other ports in spite of store but conscientiously believe the reductions in our charges.
reorganisation of the Share Capital advisedly carried out last year-the PRESENT BASIS GOOD
benefits of which have not yet been You will recollect that at about the fully felt has placed the Company beginning of November, China aban-
in a much healthier position financial. doned her silver standard and adoptel and I am sure that everything is
Admiral Orin 'G. Mardin, C.-in-C. a managed currency, If exchange is being done to keep the docks fully
for the U.S. Astatic Fleet, is arriving maintained on the present basis it quipped and ready for any work With three previous convictions, on Thursday by the U.S.S. Augusto. should enable us to compete with which may come along on a definite Wong Ping, aged 30, unemployed, He will exchange official calls here yards both at Home and in the East. we will get our share of the work labour by Mr. Balfour at the Central Canton on his yacht, the Isabel.
Improvement in shipping. I am sure was sentenced to three months' hard and then will go for a few days to Tonnage drydocked durng 1835 was when things do improve. 613,000 against 526,000 for 1034. The With the remarks, gentlemen, I
Magistracy this morning for stealing past year was one in which there was
two ovens from 27, Chinese Street, Two taxi inspectors, Wong Yau-yin keen competition for the little work now propose the adaption of the re- Detective Sergeant Guild prosecuted, and Wong Siu-ting, who had a fight offering. No exceptional contracts of Port and accounts as presented, and
as to which taxi was to get a passen. any magnitude were carried out answer to the best of my ability any when this has been seconded, I will
The family partook of the meal; An unnumbered but in Castle Peak Ker in Des Voeux Road Central near About 2 u.m. the family became it.. although we completed the construc-
Pedder Street on March 22, were tion of several small craft in addition questions shareholders may wish to fire about 2 a.m. to-day. The hut, before Mr. Balfour at the
Road was completely destroyed by fined $15 each when they appeared some more so than the others. The to the usual repair work.
defendant also joined in the ment which was constructed of wood and police
Central Shareholders must keep in view
Court this morning.
but ate very little and he took the Sub that with a largo establishment such w Sewell congratulated Mr.
In seconding the proposal, Mr. G. woman, Leung Wong. The damage fight and both were in hospital for a believed, was an antidote for the iron, was used as a grocery by a Inspector L. Mist stated it was a fist precaution to have sugar immediate
ly after. The as the Dock Company, it is essential and his staff on their efforts during extinguished by the Fire Brigade.
Bugar, the police that the plant be kept up-to-date, the past year, and said it was
Cock is estimated at $1,400. The fire was few daya. and you will note that your Board has gratifying to know
particular fluid, transferred the
There was evidence that on a pre- Two stall fokls, Li On, 22, and Laivious part of last year's carry forward to circumstances. It was easy to pat Wong So, 33, unemployed,
Chan Shui, 40, unemployed, and Wing, 35, were brought before Mr. ciri was about to bring in the food
occasion when Special Reserve Account for future people on the back when things charged with the unlawful possession this morning, charged with the theft
were Macfadyen at the Kowloon Magistracy the defendant developments.
told her to wait a were doing well, he said, but lie of 387 fact of Manila rope on Thurs of 11 ting of milk, two pounds of me while he went into the kit- last year was $218,076.63 which with ton of the work performed by the Magistracy this morning and were 11, Canton Road. They both admitted of making the family unconscious se
The amount brought forward-from would like to record his apprecia- day last, when they appeared before coffee, five pounds of cocon and 17 chen and closed the door. the profit of $89,588.15 for the year staff during the year (Applause).
ME. Macfadyen At thu Kowloon
He admitted to the, pollce that he catties of dripplug from stalls, Nos. went to the floor with the intention loss transfer of $200,000.00 to Special Reserve Account just referred to, animously.
The proposal WAR carried
un-romanded for 48 hours. Detective the charges and were each fined leaves at credit of Profit & Loss
Sub-Inspector L Whant stated that total of $20, with the alternative of he wanted to steal money because Account $88,243.78. Your Directors
OTHER BUSINESS ··'. there may be further people charged, four wock hard labour. Detective was out of work. He stated he obtained the bottle from another recommend that this mum be carried seconded by Mr. Lo Koon-hans, the ferred against the defendants.
Proposed by Mr. J. E. Joseph and and further charges might be pre- Sergeant D. Davies prosecuted.
man. He showed the bottle to the police. The case involving two Weihaiwoś I am very sorry we do not foel Board of Directors.
The defendant, who pleaded guilly Chau Pang-fel, unemployed, aged constable, D34 and D110 of the to the charge, was remanded for one justifled in declaring a dividend this
17. years, and Luke Yau, unemployed, Hongkong Poilee Force, and two un-week, ball being fixed at $500. year but I can assure you that the Mr. H. A. da Luz proposed that of the same age, appeared before Mr. llcensed hawkers, Lo Chi and Au Sik position of the Company is now on the appointment of Mr. A. von W. Schofield, at the Central Magis- lun, on a charge of conspiracy
10 a vory sound bante. All we need is Hanlsch to the Board of Directors tracy this morning, charged with the collect money from certain, hawkers some more business and given that we vice Mr. J. H. Jessen, who has left theft of three overcoats, valued at on consideratum that the wkers will eaon be on a dividend paying the Colony, be confirmed. The pro- $90, from the roof of No. 25 King would be permitted to do certain up- basis once again.
Pokal was seconded by Mr. Lo Koon- Kwong Road, yesterday. The over-lawful acts, was again mentioned be- There have been no extensive achikan and carried unanimously.
Shanghal, Mar. 80. tions; to bullilings
conts were the property of Chan Yuan, fora, Mr. "Balfour," at the Vanring The Shanghat Municipal Council during the er.plant
On the proposal of Mr. A. H. Magistracy this morning. year with the exception of the usual Polts, seconded by Mr. G. W. Sewell, ed. First defendant admitted replacements but shareholders wit MessTS.
Lowe, Bingham and previous conviction, and was sentenced H. C. Calthrop, A. S. P., appeared consisting of an American, a Japan observe, the amounts written of in 'Matthews, and Messrs. Percy. Smith. to four months hard labour. Second for the prosecution, while Mr, C. A, coo and a Chinees to investigate tho accordance with the achomo for redno Seth and Fleming were, re-elected - defendant : received, three months' Butherton Itusa was, for the defence alleged dlection -Irregularities here.--- tion of capital. Material in stock and auditors of the Company.
hard labour.
of the constables.
Reuter
that
the Company
sum of $200,000.00 had done so well under such difficult
forward to next year.
SOUND BASIS
Hon. Mr. W. H. Bell and Sir Robert Ho Tung were re-elected to
the
for.
Central
PANAMA
HATS
In advance of the Season
.
Genuine Panamas in two..
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illustration, the other in
"Snap" brim style.
ALL SIZE'S IN STOCK
L
$27.50 each
Less 10% cash discount.
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Tel: 21322,
SWAN, CULBERTSON & FRITZ.
Investment bankers and brokers in securities and commodities. Daily New York and London Stock Exchange Service. Commodity Futures on the principal American markets.
Member of:
New York Cotton Exchange. Chicago Board of Trade. Commodity Exchange, Inc.
(Silver, Rubber, Silk, Copper, Hides and Tin), New York Coffee and Sugar Exchange. Canadian Commodity Exchange Inc, Winnipeg Grain Exchange.
Manila Stock Exchange..
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Telephone: 30244, 30245, 30246. Cable Address: Swanstock. Hong Kong & Shanghai Bank Buildinga, Suite 119/122.
FOR REALLY GOOD COOKING
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such as the
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