THE

HONGKONG TELEGRAPH. SATURDAY, FEBRUARY 26, 1938.

Anticipated Hong Kong Deficit Turns To Surplus

COLONY'S MILITARY CONTRIBUTION SETS ALL-TIME HIGH MARK

Assets At Highest Level In Years, Report Shows

JAPANESE REPORTS RIDICULED

Kidnapping Of Priests Story Said To Be Fabrication

Cunningham Retains His Standing

All-America Track Toam Solectad

RUSSIANS CHARGED

With Violations Of Its Frontiers

many

SWIMMERS TO VISIT AUSTRALIA

Sydney, N.S.W.

Ralph Flanagan, American tree- style champion swimmer, and Adolf records, are expected to tour 'Aus- Kiefer, holder of world backstroke trails next season.

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MEXICO MAY SOON SETTLE DEBTS

Hainking. Feb. 20. Illegal acts committed by Soviet nuthorities and troops against Manchukuo territory and nationals New York, Jan. 30. Glenn Cunningham, Kansas' peren- during 1937 totalled 170, according to

There is not likely to be a repeti- Dana spokesman of the Manchukua Gov-tion of the complications which beset Hankow, Feb. 20.

was named Commenting on the Shanghai nial miler, Japanese spokesman's allegation that Ferris All-America track and field ernment to-day.

On 34 occasions the Soviets entered the visit of Jack Medies last season, Mauchukue and 16

an Flanagan and Kiefer will be different times under the direct control of the Aus- Military contributions by Hongkong last year Chinese guerilla troops had kidnapped team for the fifth straight year.

Spanish priests at Sulting and had The AA.. U. secretary-treasurer Soviet planes crossed

the border, tralian Union. reached an all-time record of $5,686,415.

taken them to Hofel, n

Chinese who announces his annual secilans sometimes disguised as mall planes. If South Africa is able to arrange; spokesman said yesterday:

it is also charged that the Russians exhibitions for the Americans, the in the Official Athletic Almanac, re- "The Japanese spokenman's geo-tained only 10 of the names from his have embarked on a campaign of Australian Union's financial obliga graphy and his' idea of our dispos 1037 honour team. In sharp con-espionage and agitation aiming tions are both absurd.

ntions in the matter will be consider- which creating internal unrest in Manchu-ably reduced-Reuter In the first trast to last year's roster place, Hotel cannot be reached 80 Jesse Owens' name was written kuo.

Mexico City, Feb. 25, quickly from Suiting. Secondly Hofel opposite four events and Den Lush's Newspapers here nsscut

Settlement of the Mexican foreign is garrisoned by regular troops and was inscribed for three, the 1930.roll Chinese student pliots are at present

debis, involving some $90,000,000 not guerillas. The report is anista only two athletes for dual per-undergoing training at Vladivostok at VESSELS IN PORT TO worth of British money, In obvious fabrication."

the hands of Russian experts,

to Mr. the near future, accordingled students will fly with the Chinese OBSERVE “BLACK-OUT" | George Rubles, representative of the Commenting on the Japanese spokesman's remark that religious Irving Folwartsbny, the Rhode army ultimately, is supposed.

International Committee of Bankers Mariners are bodies in China were restricted and Island state glant, was chosen for Reuter.

Informed that a dealing with the Mexico problem. harassed

result of the the 10-pound hammer, throw and the

"black-out" excrelse will take pince. Mr. Rubleo stated that negotiations amalgamation of the

weight Kuomintang 55-pound

between 7 p.m. throw, while

and 11 pm on for the renewal of Mexican pay And the Communists, the Chinese Johnny Kelley, the distance stor

February 28. from Arlington, Mass., got the call

During this period vessels at anchor satisfactory.

ments on foreign debts had proved An early settlement in the 15,000 and 25,000 metre runs.

and vessels moored to buoys will ex- was likely after further conferences "Foreign religious bodies help

hibit riding lights which should be had been held in New York. China in her struggle and care for With six exceptions-20,000 metre

dimmed as much as possible. the wounded and homeless. You run, marathon, 110 metre hurdle,

Reuter Special. yourselves have seen the prayer high jump, 10-pound shotput and meelings for China's 'victory."

Javelin throw-Ferris' selections con-

Government pensions, $2,559,809, and expenditure on the Police Department, $3,109,696, were also records.

Despite increased expenditure under these headings, the Colony's revenue during 1937 proved so buoyant that an catimated deficit of $3,498,910 became a surplus of $1,085,146, bring- ing the assets of the Colony, $14,002,278, to the highest level in many years.

Financial returns for the Colony of Hongkong for the year 1937, issued this morning, disclose increased revenue over 1936, under every heading except Port and Harbour Dues. The estimated revenue of $28,760,260 was exceeded in every head. Actual revenue was $33,196,368.

as

spokesman said:

formance.

It is noteworthy that Commander form to the National Championship Chu Teh of the Eighth Route Army, holders. His All-America follows:

00-metres Fun - Ben Johnson, tended the French Catholic victory Columbia. prayer meeting in Shansi on Febru- ary 10.-United Press.

Estimated expenditure of $32,259,160 was higher by known as the "Red Napoleon", ut- $147,938 than actual expenditure.

Surplus for the year was maintain- ed despite a falling off of revenue in December, when the total of $2,021,- 210 was less by $140,151 than in the corresponding period last year,

There was an appreciable falling off of revenue during the last month of the year in Dutles Janeous Receipts.

und

Miscel

Stock Market Quiet

London, Feb. 25. For the year 1937 revenue from

The London Stock Exchange was Duties totalled $7,025,411, compared generally quiet to-day there being with $0,028,672 in 1936. Estimated le Incentive to open fresh com- revenue of $0.415,000 was therefore mitments over the week-end pending exceeded by $600,730,

more concrete political progress.

compared

COLONY TENNIS STARTS

(Continued from Page 12.)

Gilt-edged holdings were easier Lum; G. W. Sewell v. G. Choa; D. Port and Harbour Dues, which were estimated to yield $635,000, and then recovered. Kaffis were K. Leung v. T. E. Wheble, yielded $625,084,

steady at lower levels, and foreign Doubles: Mr Nal Kwong and Li with bonds showed some $838,282 in 1930. Licences

good features.Kwan Hing v. Leung and Internal

Fing Chiu Revenue

Industrials were lower where there and Marsland; A, V. Gosano and not otherwise specifled yielded $14,102,267, an in-were changes in foreign exchanges. A. V. Remedios crease of $335,085 over last year, and wall

Frencs

V. N. W. Dimsey bear-covering and P. Delane; on

S. A. Humjahn over a million dollars in excess of

Street was Armor-Reuter and H. D. Rumjahn v. F. V. Har estimated revenue.

Spectat.

rison and W. Sander; E, C. Fincher and W. C. Hung v. 5. A. Hussain and S. S. Hussain.

Post Office receipts reached a re- cord of $3,254,380, which represents an increase of no less than $1,195,510.) It is Interesting to note that Increase in post office revenue ex- ceeds the entire Colony surplus.

this

Revenue from the Kowloon Canton Railway, despite heavy anticipated

ruilled

HALIFAX GOES TO FOREIGN OFFICE

(Continued from Page 1.)

THURSDAY, MARCH J. Singles:-F. H. Kwok v. H. Chan; Wong Fuk-nam v. J. W. Leonard; Paul Keng v. Y. C. Lau; M. W. Lo v. Firdos Khan; Lee Wal-tong v. S. A. Groy.

Doubles;-I. Agaturon and J.

York A. C.

100-metres-Perrin Walker, New 200-metres — Jack Wierhauser, Olympic Club, San Francisco.

400-metres-Ray Malott, Olympic

Club.

O'Brien,

The

Corinthians Fielding Their Normal Team

(Continued from Page 12.)

X-800 metres-Edward Syracuse.

X-800

Woodruff,(Kowloon), metres-John Pittsburgh.

100-metres-Elroy flinbson, Olym- plc Club.

X-1,500 metres-Glenn Cunning- ham. N. Y. Curb Exchange A. A.

500-metres-Joseph McCluskey, N.

Y. A. C.

Sherwood, Avery and Pearce.

Civilians:-Sammy Tsung (East- ern); Mak Siu-hon (South China in-chan (S. China "B"), A. S. Bliss "A"), V. Costa (St. Joseph's); Leung (Kowloon), Lee Kwok-wał (S. China ""); F. Fowler (Club), Wong Mec- shun (S. Cholett (Police), B. 1. A D. Knox Bickford (Club),

Reserves: Hussain (St. Joseph's), Gough (Police). D. Leonard (St. Joseph's) and Ward (St. Joseph's). TO-MORROW'S GAME To-morrow the tourists will play 10,000-metres-Eino Pentil, MilI-

the Colony XI. rose A. A., New York.

In view of the 15,000-metres-John A.

failure of the Chinese last Saturday, Kelley,

it is to be hoped that the Hongkong Arlington, Mass.

X-20,000 metres--Jean Berthelot, representallye team will do better end thus give a more favourable Millrose A. A.

25,000-metres--John

Kelley,Impression of local football to the Arlington, Mass

visitors. Lee Tin-sang. the Colony 30,000-metres-Mel Porter, Mill-captain, seems to think that the

Corinthians' defence is not impreg ose A. A.

table. Of course not. No defence is impregnable, but from what I have peen of Clark and Co., the Colony forwards will have to do something very drastic in order to get througa And I don't mean their defence, maybe.

A.

Marathon-Pat Dengia, Baltimore. X-cross-country-Donald Lash, In-

diana.

Steeplechase Floyd Lockmer, St. Louis.

X-65 metre hurdles - Sam Allen, Oklahoma Baptist.

X-110 metre hurdles Forest Town, Ge.

3,000-metres walk--Max Beutel,

loss of business through the closuri informal talks over · Anglo-Geman | Pengelly v. T. E. Wheble and J. A. New York. of Shum Chun gambling establish-retations-Reuter Bulletin.

ments, proved exceedingly buoyant The 1936 revenue of $1,245,469 was exceeded by $52,471, despite the fact that-rovenue-of-only $1,100,150 - was estimated at the beginning of year.

the

Will Soviet Accept -British- Formula?-

200-metre hurdles -Allan Tolmich, Wayn University, Detroit.

For instance, Young Shui-yick, Lal Skiu-wing and Fung King-cheung were all disappointing for South H. Douglass; Cdr. R. II. Rump and

China last week and they are in- Li. Watt v. Major L. A. Newnham

cluded in the Colony side to-morrow. and Major F. T. Baines; Tsui Wal- 400-metre hurdles Jack Batter-Probably they will play better in this pui and Tsui. Yan-pul v. Ng Kamson, Rice Institute.--

encounter. For the sake of the Chuen and P. F. Choy; H. A. BarrOS 15-kilometre walk-John Abbate, team, I sincerely hope they will. and J. Gonsalves v. Wong Fuk-nam Cincinnati. London, Feb, 25,

Saw and Hau Ching-to are a new M, Ivan Muisky, Ruslan Ambassa-and Cheung Ping-young.

30-kilometre walk-Morris Fleis- combination, but both are extremely Rent of Government Property, dor to Britain, saw Lord Plymouth, Land and Houses - Increased from Chairman of the Non-Intervention

FRIDAY, MARCH 4.

cher, St. Anselm's A. C. New York. tricky individual players and may 50-kilometre walk-Al Mangan, possibly form the more dangerous $1,245,409 to $1,725,848, and Miscel- Committee yesterday noon about the

Sagles:W. M. Barton v. F. V. Lowell, Mass.

wing. laneous Receipts increased from British formula for the withdrawal Harrison; Trul Wal-put v. A. Chan: High Jump-Mel Walker, Ohlo of foreign volunteers. from Spain. A. Pearce v. T. C. Monaghan; H.

State. and the point at which belligerent D. Bidwell v. H. J. Armstrong; J. A. LAND SALES JUMP

Broad Jump-Hermit King. Pitts- rights should be accorded both sides. H. Douglass v. W Sander; S. Aburgh, Teachers' College. Total revenue, exclusive of Land It is belleved that M. Malsicy is Hussain v. H. D. Rumfahn.

Hop-Step-Jump-William Sales, wus $43,607,004,

awaiting against now

Doubles: Capt. J. C. Loch and Baker, La High School. $29,773,783 In 1930, For the first Moscow before defining the Soviet t. J. M. Tomlinson v. winner of time in many years Land Sales attitude.-Reuter Bulletin,

Warr and Land v. Kwok and Liang, (Premia on New Leases) showed an

O. E. C. Marton and D. B. Evans v. winner of Lo and Lo v. Leung and increase, the revenue of $528,403 re-

Szeto; J. W. Leonard and G. Choa presenting a 90 per cent, increase över 1936. Reveriue from this source

A. Crawfod and G. C. Burnett.

$977,077 to $1,193,719.

was expected to yield only $200,000.

In view of the heavy increase in

instructiona from

Egypt Won't. Permit

Interference

Cairo, Feb. 25. Egypt will not tolerate interference

Expenditure, it is fortunate for the from a foreign power for her defence,

Colony that revenue proved

buoyant.

Expenditure

CO

declared Ahmed Maher, leader of the dissident Wafdists, referring

to

reports that Italy was secking

to

of $29,513,520 in participate in the defence of the Sucz

1938 was exceeded last year by Canal.

$2,587,10%, principat increases being

AMBULANCE HITS

CHILD OUTSIDE HOSPITAL DOOR

A little girl, Fun Yee, eight, was

in Miltary Contributions. Publicj Ahmed Maher, who was making an Works (Recurrent), the Medical election speech, added that the Department, and the Post Office. Anglo-Egyptian Treaty stipulated knocked down by a motor ambulance Military Contributions touched a that Egypt alone was responsible for in Argyle Street yesterday, just out

new

defence of the Suez Canal, and side the entrance to the Kowloon

Sho British forces were at present assist- Hospital.

was taken to the

all-ume record of $3,580,415, to which must be added $163,373 for the g Egypt lo the defence of the hospital for treatment. Hongkong Volunteer Defence Corps Canal until the reorganisation of the

(an increase of $15,005 over 1935) Egyptian and $30,220 for the Naval Volunteer Force (an increase of $0,024 over

1036),

Pensions also reached a new record,

Reuter.

Army

Was

completed..--

ON UNIVERSITY COURT

Lt. Col. H.B.L. Dowbiggin, O... and Mr. M. P. Talati have been norinated by His Excellency the Governor as Members the Court

Brown,

The Colony team is as follows:

Duncan (Royal Scots); Leo Tin- sang (8. China "A"), Ulrich (Kow- loon); Williamson (Seaforth), Lau Hing-chol (S. China "A"), Leung Wing-chlu (S. China "A"); Young Shuf-yick (S. China "B"), Lai Shiu-

Pole Vault-William Sefton, South California Spartemen's Assos.

10-pound shotput-Sam Francis, wing (S. China "A"); Fung King- Nebraska.

cheong (3. China "A"); Baw Folwarishny, Rhode Island State.

X-35-pound weight throw-Irving (Middicsex), Hau Ching-to (Eastern).

Reserves: C, Plle (Police), Bright; X-50 pound weight throw-Louis (Middlesex), Ferris and Chan Tak- Lepla, N. Y. A. C.

tal (S. China "B").

10-pound hammer throw-Irving Folwartshay.

Discus throw-Phil Levy, Olym- pic Club.

X-Javelin throw-Alton Olympic Club.

Pentathion

Temple.

-

Eulace

Terry,

Peacock,

PHILIPPINES BONDS NOT LEGAL FOR

rado. year.United Press.

X-named in same position last?

Decathlon-Richard Kearns, Colo- US. SAVINGS BANKS

Hartford, Conn., Feb. 25.

In the opinion of the Attorney- General, Philippines bonds are not legal investment for the Connecticut Savings Bank, because the United

anteed them.

JAPAN LINKING States Government has not guar- OCCUPIED AREA

Ho Bald: "All the protections thrown about these bonds by theį

BY AIR SERVICE United States doubtless make them a

totalling $2,150,000 as compared with CHINESE LAUNCH NEW $2,287,745 in 1930,

DRIVE ON CHUNGYI;

With CROSS YELLOW RIVER

POLICE AND PRISON COST

Maintenanco of law and order other than by the military and navy called for a record expenditure of

(Continued from Page 1)

$3,100,000 for the Police, represent bullets and hurled hand grenades at ing an increase of $270,000 over 1930, them. Several of them were des- and $1,021,003 for the Prisons Detroyed and a large quantity of mill- partment, an increase of

supplies $135,742 tary over 1930.

The cost of education also mount-

scized. Thirteen Japanese gitards were killed.

The Japanese troops nt Linhalen,

ed by $172,602, the total expenditure Wu An, and Shehisich in northern being $2,034,802, against an estimated Honan, on the left flank of the Pei- expenditure of $2,138,140.

| ping-Hankow Railway, have been

Expenditure on new public works recently reinforced, presumably. Was severely atashed in order to pro- preparation for drive westward Into vide the Colony's surplus. As against Shansi. Troop movements between an expenditure of $3,032,990 in 1930, these pinta have been extremoly

anly $1,510,200 was expended under heavy during the Inst few days.- this heading last year,

The buoyancy of Hongkong's Binances ana brought the Excess of Assola over Liabilities to $14,002,270. The total assets are $23,004,031, against which there are labilities amounting to 30,002,573, and tempor- ary lability of approximately eleven

Central News.

REFERENS' MEETING

CANCELLED

of the University of Hongkong fox a further period of three years.

million dollars - whilch has bren On account of the "black-out" thè advanced for new public worka pend-half-monthly meeting of the Re- Heliandia's Piet Hein, with Mr. I

Association which would. Chao up..led in by Atra Aernout of the 3 per cent. Dollar Loan normally take place on Monday has after winning a race as the annual Ing roimbursement from the balance ferees" which remains to be flouted,

been cancelled.

CarnITAL

safe investment for Insurance and trust companies, and individuals who Shanghal, Feb, 20,

are not governed strictly by the three Japanese-controlled statutes as the savings banks are. aviation companies pooling their re- But I cannot say these protections go sources, regular passenger services so far as to constitute a pledge of between the various cities in Central guarantee."-United Press. and North China now under Japanese occupation will soon be established; according to local Japanese sources.

The companies concerned are the Japan Air Transport Company, the Buiting Aviation Company and the Manchuria Air Transport Company.

It is also proposed to inaugurale a daily service between Shanghal and Tokyo-Reuter.

JAPANESE CABINET MINISTER HURT

Tokyo, Feb, 20. The Japanese Finance Minister. Mr. Koya, was slightly hurt in a motor accident last night. lo re- ceived cuts about the hend in a col-E Iision and will require a fortnight'n medicul attention.

However, this will not prevent him from submitting the extraordinary General, tit, F. A, van Woerden and The Acting Netherland Consul- military indget to the Diel Monday friend discussing prospects at the

Reuter.

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