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WEDNESDAY, JANUARY 10, 1979
NO NECESSITY TO CONTROL GOLD AND SILVER MARKET
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THE FINANCIAL SECRETARY, THE HON. PHILIP HADDON-CAVE SAID AT THE LEGISLATIVE COUNCIL MEETING TODAY (WEDNESDAY) THE GOVERNMENT HAD NOT SO FAR CONSIDERED IT NECESSARY TO EXERCISE CONTROL OVER THE CHINESE GOLD AND SILVER EXCHANGE SOCIETY.
IN REPLY TO A QUESTION FROM THE HON. PETER C. WONG, MR. HADDON- CAVE SAID: THE CHINESE GOLD AND SILVER EXCHANGE SOCIETY HAS A LONG HISTORY OF WELL CONDUCTED OPERATIONS AND THE GOVERNMENT HAS NOT SO FAR CONSIDERED IT NECESSARY TO EXERCISE CONTROL OVER IT.+
HE ADDED: +1 AM, HOWEVER, A LITTLE UNEASY ABOUT THE EFFECT WHICH GOLD TRANSACTIONS MAY HAVE ON THE EXCHANGE VALUE OF THE HONG KONG DOLLAR FROM TIME TO TIME AND HAVE THIS ASPECT CURRENTLY UNDER CONSIDERATION. +
HK YOUTH SYMPHONY ORCHESTRA TO PERFORM AT OCEAN PARK
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THE MUSIC ADMINISTRATOR'S OFFICE AND OCEAN PARK WILL JOINTLY PRESENT A CONCERT BY THE HONG KONG YOUTH SYMPHONY ORCHESTRA AT 2.45 P.M. ON SATURDAY AT THE OCEAN THEATRE, OCEAN PARK.
THE ORCHESTRA, FORMED IN JULY 1978, HAS ALREADY GIVEN THREE CONCERTS AT THE CITY HALL AND THE ACADEMIC COMMUNITY HALL LAST YEAR.
IT ALSO PERFORMED WITH THE VISITING AVON SCHOOLS ORCHESTRA LAST AUGUST.
THE ORCHESTRA WILL VISIT THE UNITED KINGDOM AND TAKE PART AT THE 1979 INTERNATIONAL FESTIVAL OF YOUTH ORCHESTRAS IN AUGUST.
THE PROGRAMME ON SATURDAY INCLUDES BEETHOVEN'S EGMONT OVERTURE, CARMEN SUITE BY BIZET, RADESKY MARCH BY STRAUSS AND OTHER WELL-KNOWN CHINESE WORKS.
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