1930-03-29 — Page 1

Library, Supreme Court

ASAHI China Mail

BEER

Just the vary brand...

AHID

TO-DAY'S DOLLAR. — The closing rate of the dollar on demand, to-day was 1/6 1/16.

brau Adenager:

ого

Dainty Eyeglasses

N. LAZARUS Ophthalmic Optician

13, Queen's Road Central.

MITSUI BUSSAN KAISHA, LTD.

No. 27,449

HONG KONG, SATURDAY, MARCH 9, 1930.

PRICE $3.00 Per Month.

"AND SO TO BED"

NATIONAL A. S. WATSON AND

RESULT

BOOKIES PAY OUT

HEAVILY

RACE OF THRILLS in

SHAUN GOILIN WINS ON THE RUN IN

London, Yesterday.

"CO">

ANNUAL MEETING OF SHAREHOLDERS

LESS SATISFACTORY

The annual meeting of shareholders

A. S. Watson & Co., Limited, was

held at noon to-day.

The Chairman, (fr. H. Humphreys), in his address, sald:-

I regret that we have to come be- fore you this year with a less satisfac tory report than for some time pre- Ivlously.

Generally speaking, business in the One of the jolliest Grand Colony has not been good, and I have Nationals, watched by 300,000 peo-jto echo the remarks made by the Chair- ple in glorious weather, had a most man at the recent meeting of the Hong thrilling finish to-day, when Sir Kong Shanghai Banking Corporation, that not until settled conditions obtain Lindsay Melleray's Belle jumped in China, especially in the South, can the Inst fence a length ahead of we hope for much improvement in our Shaun Goilin, but the latter, stay-trade locally or at Canton. Une factor ing better, won on the run in. which caused a considerablo falling off fourth and in our business was the shortage of Glangesia came Ballyhanwood 6fth; all the others water resulting from the drought ex- failed to finish. The only serious,perienced during the first half of tho mishap was the fall of May King at year 1929; also, the ensuing months of (the year were unusually cool and rainy, Bechers whereby the jockey; both of which conditions affected sales Goswell, was seriously injured, and in our serated water business. sent to hospital.

had Agured that the output at our North Point factory would be consider- The result left solaced backers ably more in 1929 than 1928 and had and disgruntled bookies who, for increased our staff with that expecta once, have to pay out heavily, as siltion in view. Unfortunately the oppo heavily site was the case, the output being three placed horses were

considerably less and the charges more. backed. Mr. Midwood,

We first had to obtain water by towed lighters, from the Pearl River, and

'Disgruntled Bookles

Qwn-

er of the winner, is head of!

We

the famous cotton broking then to construct a pipe line and dam to firm and 3 prominent Liver-obtain fresh water at Rennies Mil pool financier, Was champion Junk Bay, and to arrange for its ape- gentleman jockey on the Hong Kong cial transport, all of which put the We and Shanghai race tracks years ago, Company to very great expente. nad rode "The Dealer," in the also had to transfer a good portion of famous champion sweepstakes when our export business to Canton, and this she finished a dead heat with two greatly militated against profits. But for these factors, we could certainly others.

have recommended paying to share. The usual large crowd of Ameri-holders a dividend of 8 per cent., and

dollar millionaires, placing something to Reserve Fund. dashed over and will be on the high Small additions to buildings at Pak sens sålling for home a few hours after the race. The official time was 9 minutes 40.3/5' seconds.- Reuter.

cans, many

Details of Race

London, Yesterday.

CHARLES I

PELHAM

HUMPHREY.

SAMUEL PEPYS

糕

麵

PRODGERS.

MRS.

MasKnight

PEPYS

Members of the A.D.C. us seen by a cartoonist.

stin Hok, Honam Isiand, Canton, and ATTACHMENT ORDER

at North Point will have been noted.

The accounts otherwise call for but Httle comment; stocks in trade show a considerable decrease as compared with į

ON GIALDINI

the previous year, but altered conditions HATRY DIRECTOR & DEPOSITS The result of the Grand National of business to some extent account for Steeplechase, run at Aintree, Liverpool, this, to-day, over a distance of 4 miles 850

wards, was as follows:-

Shaun Goilin (Cullinan) ... 1 Melleray's Belle (Mason)'.. 2 Sir Lindsay (Williams) ... 3

Also ran:-

Properties Enhanced

In connection with the acounts, I would, however, like to draw your at- tention, to that part of the auditors'

IN ITALIAN BANKS

INIVESTIGATIONS MADE

Milan, Yesterday.

STRIKE ECHO

An Alleged Stabbing Affair

CHINESE CHARGED

A Chinese name Hol Tim was charged before Mr. R. E. Lindael at the Central Magistracy in con nection with an offence which was alleged to have occurred during the The allegation against the ac- used is that on August 9, 1925, he

strike in 1925,

J. Pakidoff HK, 38,

YEN ON THE HORNS OF THE FALL IN

A DILEMMA

LEADER BEING PRESSED FOR PAYMENT BY HIS TROOPS

WAR PLANS MAY FAIL

Canton, Yesterday,

Yen Hsi-shan has not found the task of organising a new Govern- ment at Peking

on easy matter.

He is confronted by many difficult situations. In the first place, it is į said that he will not take the initla-

tive in an opon rupture with the

SILVER...

LOCAL COMMITTEE TO STUDY SLUMP

HOME EXPERT

IS STABILISATION DESIRABLE?

The Hon. Mr. J. Owen Hughes hay.

National Government; he prefers to given notice of the following question have his allies-the Kucminchun-to be asked at the next meeting of the to engage in the first battle with the

National forces and see what result would come of it. On the other hand, the Kuominchun do not show a disposition to sacrifile themselves, unless they have the active. co- operation of the Shanal armies. Thus, they are still keeping the main body of their troops at Tungkuan Pass, and sending forward only the doubtful troops to meet the Na- tional forces.

Legislative Council;

In view of the serious and con tinued fall in the price of silver, and consequent effect on exchange, and on the trade of the Colony, will the Government promptly appoint a local Committee composed of morchants, bankers and exchange brokers, to study the whole question, or in the alternative abtain the service of a financial expert from Home, or take such other, and if so, what, steps to meet the situation?

The Colonial Treasurer (Mr.

At the same time, to which the following is the reply:- taking advantage of the fact that The Government has appointed they have already despatched part Committee of enquiry, constituted as of their troops against the Central follows:- Government, the Kuominchun com- manders have been pressing Yen Hai-shan for military expenses; the latter finds himself in a difficult position how to meet their demand, as he himself is handicapped by finances.

It is suggested that because of the continous demand of morey ou the part of the Kuominchun, Yen Hsi-shan is forced to levy all sorts of taxes from the people in Peking. Tientsin and other important elties of the Hopel Province (formerly Chill).

| CARNERA'S FIGHTS TO [... BE EXAMINED

PUBLIC FED UP WITH STORIES OF HIS KNOCK OUTS

DISCIPLINARY ACTION

2.

- Shanst Wants Pesce It is worthy of note to find that. Shanti is not entirely forward agalhat the Central Government, for there are strong elements in both official and other circles that are bitterly opposed to imperilling the anfety of Shansi by a war which is being engineered by the different political parties. The parties which are showing greatest activities in stirring up the trouble The National Boxing Association has are the Anfu, Chiastung, Peiyang, mediately investigate the results of all and the Western Hill Cliques and announced that a commission will im- the Reactionaries, who without ques- mediately investigate the resuls of all tion are labouring for their own Shansi is thus Carnera's. fights under its jurisdiction. Individual profit.

placed on the horns of a dilemma; Stanley Isaacs, President of the Asso- and Yen's delay in organising a new

Cinlinnati, Yesterday,

reports which states that no deprecia- The Italian judicial authorities tion has been written of buildings, have ordered an attachment over Gregalach (Everett), Gatebook. (T. Your General Managers and Directors one million Hire belonging to Gial- : Morgan), Donzelon (Lyall), Grakle were unanimously of opinion that this dini's account in the Italo Britannic (Piggott), Donegal (Speck), Lordi was unnecessary in view of the fact Bark, and are also investigating (Stott), Alike (Barry), Sandy Hook that all our properties have enhanced the report that further large sums (Leader), Ibstock (Goods), K. C. B. in value, and apart from that, large really belonging to Gialdini have (Moloney), Guiding Light (Lang amounts for additions and extensions Jands), Peggie's Pride (T. McCarthy), during the past 10 years aggregating been deposited In other banks under stabbed another Chinese names ciation, stated that the American public Government is largely due to his

nako

(R.

Big Wonder (Capt Weber), Saver- $159,500, have been charged to Building a woman's name.-Reuter

King Improvements and written off. McCarthy), May (Goswell), Tootenhill (Wenham), The Working Account of our Canton Paris Flight (Vinall), Delarue Branch showed a loss, Indicating that| (Wilson), Agden (Moseley), Toy Bell we have not yet recovered altogether (D. Morgan), Ballyhan Wood (Foster), from the boycott, in Canton at least. Glangesia (J. Browne), Blennerhasset Again, the Canton Branch suffered (Dutton), Ruddyman (E. Brown),(more than we did in Hong Kong from Kay Crescent (Hardy), Royal Arch II the cold and ralny summer, though it (Thackray), Soldier's Joy (Farrel), was not troubled with any water dif- Curtain Raiser (Powell), Gay Dog Ificulties.

Reserve Funds

(W. Garney), The Monk (Parvin),

Cryptical (Bisgood), Merrivale ΙΣ We are not in a position to transfer (Brookes), Annandale (P. Gurney),Jany sum to Reserve Fund, which now The Gosling (Boulton), Harewood stands at half the amount of the sub- (Haney), Theorem (Owen), Derby scribed capital of the Company. We 'Day II (Stephenson), Newsboy (Capt. trust, however, that the dividend of 70

Bassoon).

canta per sharea recommended will, un- It was a remarkably close race, in der the circumstances, be considered a field of forty-one, the winning horse{satisfactory and be approved. coming in by a neck. There was a dis- tance of one and a half lengths between and I now propose the adoption of the second and third.

Reports and Staterdent of Accounts as

I have no further remarks to make,

д director of [Glaldini is various Hatry companies and went to Italy before the crash. He was recently interviewed at Milan by the Daily Mail cor- respondent, his lawyer replying to certain questions. In-answer- to one question Glaldini's law- yer said "Gialdini did not bolt from England. He had arranged three weeks before his departure He to pay a short visit to Italy.

left in England the whole of bla fortune, out of which large sums have been paid in settlement of his private engagements and to refund to banks' the loan he had raised on behalf of the Austin Friars Trust.]

Betting was 100/8 Shaun Golila, 20/1 presented. After these have been duly JAPAN AND CHINA

Molleray's Belle, and 100/7 Lindsay-Reuter.

Bir seconded, I shall be pleased to answer any question in relation thereto to the best of my ability.

A Correction Reuter errs in describing the

· owner of the Grand National win

The Report and Accounts, as proposed by the Chairman, nuð

ner as the man who won the seconded by Mr. A. Stevenson, Shanghal Champions on The Dealer

Relinquishment of Extrality

Nanking, Yesterday,

MORE RAIN

The weather report issued by the Royal Observatory to- day is as follows:-

The northern depression has deepened and moved to the north-east of Japan.

The depression over the Upper Yangtaze Valley has cleared up, but a depression remains over Indo-China.

An anti-cyclone is, central near Peking..

Forecast: South-east to east winds; moderate; gen. erally overchat; some rain.

Leung Lin-shing at the junction of North and Belcher Streets, Kennedy

Town

was fed up with reading about third apprehension of being made a tool rate and fourth rate boxers being by the politicians. sacrificed in the ring against this 20

stone

Troops Movements Invader. He described

Tientsin, Yesterday. Acting under Instructions, one Carnera's "knockout parade's as "a bunco act," and added that the Com-brigade of Mukden troops under Yu mission would be empowered to recom-Hseuh-chung were transported by mend disciplinary action if such ap-the Pei-Ning train on March 25 from Sinyang to Tientsin, vla Liangtung.

peared to be justified. Reuter.

NAVAL CONFERENCE

Delegates Attend Govt. Reception

3,000 GUESTS PRESENT

London, Yesterday.

C. McL. Messer, O.B.E.), (Chair man),

Hon. Mr. R. H. Kotewall, C.M.G.. LL.D.,

Mr. M. J. Breen, Mr. C. G. S. Mackie, Mr. A. H. Ferguson, Mr. V. M. Grayburn, Mr. D. O. Russell, Mr. C. Champkin, Mr. T Megarry (Secretary), Colonial Secretary's Office.

Terme "of 'Reference

The terms of reference are:

Is the present currency the most matados „for, the purposes, of

the trade of this Colony?

In what respects, if any, is the pre- sent currency situation in the Colony unsatisfactory?

a. If the situation is unsatisfactory in what way can it be remedied? 4. Is the premium on notes over ailver detrimental to the prosperity of the Colony? If so can it be con- trolled and by what means!

8. In the linking of the currency with silver advantageous to the Colony? If so can it be more closely linked? 6. Is it desirable in the interests of the Colony that the value of the dollar be stabilised? If so can any effective steps be taken to that end?

BANNED EXPORTS Aircraft, Arms and Ammunition

REGULATION AMENDED

The order or regulation relating The vanguards of the Kuomin- chun. let Division, about 10,000, to the export of aircraft, ammunt- under Sun Liang-ching are reported tion, arms, explosives, saltpetre and sulphur, made by the Governor in to have arrived at Heishihkuan on Council and set forth on page 724 March 26.

Badly Defeated

direct control.

:

(a) such articles are consigned to some place outside the Colony and in transitu on any vessel as bona fide cargo and entered on the manifest; and

of the Regulations of Hong Kong, After being badly defeated by the 1844-1926, under the heading "Pro National troops, the remants of Sun hibited exports," has been amended Tien-ying have been instructed by by the addition, at the thereof, of Mr. Ramsay MacDonald, his three Feng Yu-halang to proceed to the the following proviso,-

Provided however that this re- daughters, his son, Alexander, Ad- miral Sir Charles Madden and Ad-West of Horan so as to link up with

the Kuominchun. The move would gulation shall not apply to any of above mentioned articles miral Jellicoe were among the 8,000 indicate that Feng, Intends to re-the people at a Government reception organise Sun's remants under his where at the House of Lords to-day to

National The 7th and 10th Chlef Detective Inspector Rey meet the Naval Conference de nolds stated that the complainant legates. The Lord Chancellor and Divisions have been despatched to was employed by the Government at Miss Sankey and the Lord Presi the slaughter house in the place of dent of the Council and Lady Mamutaap, Luyup and Shihcheng, in order to intercept Sun Non-ying's remnants. a good many years ago (în 1900

Negotiations for the relinquish-striker, and it was alleged that it Farmoor received the guesta and 1901, to be precise). Upon Sir Shou-son Chow, Mr. A. H. ment of extrality by Japan are was for this reason that he was Reuter, enquiry, the China Mail learns that White, Mr. J. Scott Harston, and proceeding. A draft agreement atabbed by the accused, who sub this gentleman was a Mr. Leonard Mr. A. B. Stewart, the retiring has been submitted for the consequently absconded and was not Midwood, who died some time ago, Directors, were re-elected, on the sideration of the Japanese Charge seen again until this week. * The owner of Shaun Gollin is Mr. proposition of the Chairman, d'Affaires,

Mr. FCE. Rendall appeared Walter Midwood, as far as memory seconded by Mr. F. W. Stapleton.. The Sino-Japanese tariff agree for the defence and applied for a serves was at one time master of the The Company's Auditors, Messrs.ment will be formally signed with formal remand, z p South Cheshire Hounds. He is a C. Barnard Brown, A.C.A., and Mr. in ten days. The Foreign Mr. Reynolds mentioned that the relative of the late Mr. Leonard S. T. Butlin, A.C.A. were re-elected, Minister, Dr. Wang, stated this prosecution was asking for com- Midwood, and a well-known owner on the motion of Mr. J. D. Hum- morning that the agreement

does mittalsve In the North Country. He has at phreys, seconded by Mr. E. L. et contain any reference to the A week's remand was then given. onsiime or another had many en Lawrence. A Nishihara Loans tries in the clabale

feed

A Prediction Faifllied, "airway" willing in the Sunday des of February 2, said, I have the view all along that the Hartigan)

were passed unanimously;

Other Business

This closed the business of the

munting, the Chairman announcing Sir Milan

that dividend warrants would be early in April to algu Welbar ready on Monday.

Supporting the Chairman were Ble

-san: Chou, Merz, J. Scott Hars-

White, AB. Stawi

and Me

rendition

INDO CHI

Cup

NO DECK, NES

mers

Political Aspects

(b) such articles are carried on In the importing ship or are transhipped from one vessel to another, without landing thereof in either case; and In case of such transhipment,

the articles, If reasonably cap». able of being packed, are in unbroken packages; and in case such articles are carried on in the importing ship as aforesaid, notice there. of, together with particulars of the articles, is given to the Inspector General of

As the situation at the front of the Lung-Hai lite grows dally tense, Rugby, Yesterday General Liu Chib, C.L.C. of the 2nd Except for the conversation be- Rout Army, has ordered his forces tween the Prime Minister and immediately to advance, with the (c) Messrs. Stimson and Gibson of the armoured car "Palping" protecting American delegation, there have the troops traîn. Zij kan pada been no meetings between the Naval Feng Yu-hsiang has repeatedly Conference delegates to-day, nor wired to Yen Hel-ahan, urging the(d) have, any been arranged before amittance of 2,000,000 for military Monday morning, when the delegas expenses, and declaring that face tion chiefs will again meet. Contact the Kueminchun, acting under order, is likely to be maintained by the have concentrated at Loyang, Yen on whom has evolved the should on the other hand folall big tank of Gevising " and testing in previous promise. Yen' is thua isible means of, achtering placed in a difficult · position=-

Feder Canton News Agency

exper

OVERLOADING

SHIP

Captala 8. Tokal, of the as. Todo Maru, was charged before Comds

at the Marine Court

a reasonable time befo departure of such ship and

(c) In case auch transhipped

notice thereof, particulars of the given

eral of P ime bef