1922-04-18 — Page 2

Page

THORNYCROFT

JOHN I THORNYOROFT 2.00, LIMITED,

SHIPBUILDERİ (AND `ENGININÈS,

LONDON, SOUTHAMPTON AND BATOK

Shanghai Ofice: 40, Kiukiang Road.

15 B.H.P. 30 B.H.P. 50 B.H.P. Engines In Stock

For quotation apply--

New delivery of

STRAW

HATS.

SHANGHAI OFFICE

NEWEST STYLES NOW SHOWING

MACKINTOSH

THE HONGKONG DAILY PRESS, TUESDAY, APRIL 18ta, 1939.

THE BANK OF TAIWAN

o one

THE BECENT, AIR DISKOTER IN NORTH CHINAN AGHASTLY JOYRIDE HEROIC CONDUCT OF CHINESE AVIATOR. Details concerning the Faotingfa air

To meet this need the Bank PRESIDENTS ADDRESS.

hand endeavoured to make generou accommodation of furus the quarters The following extracts are made from where the need way ködnest, and on the the President's address at the forty-th other showed ficiens leniency in the general meeting of the shareholders of matter of collections, thus contributing the Bank of Taiwan, Limited, held at much to the y circulation of money. the Tokyo office of the Bank, on March highest note issue during the half-disaster, which resulted in the death of

Ist

the

the pilot and sixteen passengers, are just

THE EZRA BANKRUTSC

AT SHANGHAI APPLICATION FOR DISCHARGE

... REFUSED.

Mr. Judah Isaac Ezra, of Shanghai,

at H. M. Supreme Court, last week, bankruptcy in April of last year, appear who came up for public examination in

before His Honour Judge Orwin.to make.

General Economic Conditions in Japan: year exceeded Y.41,000,000, which was During the half-year closed on Decepan increase of over 1.340,000 over ber 31st, 1991, the economic activities of Japau ware still in a state of read record for the preceding half-year. The coming to light, says the Peking corres drives were sluggish The cases of redus Bauk on staple products during the half.writes:-The disaster, is the worst neci, cation, made oss his beland by Mr. M. justment: busines was dull, and enter total socommodation granted by the pondent of the Shanghai Alercury who "nication for his discharge. The appli

tion of capital and liquidation of eva

panies showed figures which were double year amounted to Y504,000,000, which in the history of the aeroplane those for the corresponding period of the Was a decrease of about Y.20,000,000 aviation experts tell me that until this preceding year. The taru-over way un-compared with the preceding half-year, satisfactory in nearly all lines of business. The demands for fund continued dull, This is attributable to the decline of the and the money market become corres prices of such staples.

inactive.

of money.

NSX-

Reader Harris, was opposed by the Offoil Recover Mr. A. L Dickson), and by hap, the crashing of a Handley. Page several creditors, and was refused. when the toll of lives, was sevene was the plicant was adjudicated bankrupt on

The Official Receiver reported that ap-* last year of the | Londoù-Paris" „servien,

greatest aeroplane calamity,

April 1st-last. The death of the pilot, Leutenant Ma

His statement of affaim Yu-fang, who was expected to be the only disclosed liabilities amounting to Tis. and as this nocident eloquently testificat T. 2007, leaving a deficiency of Tis. survivor, removes one of the most skilful 3,506,175, and the assets were estimated the hero of Chinese aviation. annals of flying his exploit will alward 3.504,807. Proofs of debt admitted to date

ada place.

He was in the middle amounted to Tis: 107,000, and two twenties and was trained at the Nanyuan

THE DIVIDEND. AVAILABLE.

fees amounting to $502.30 had to be do

THE FATAL CIGARETTES. the plane with a lighted cigarette which duced. The most that would be available.

One of the officers, it is said, entered he threw into the cockpit. The machine for distribution in dividends would be burst into flames as soon as the cigarette

poadingly ina This resulted early

China: In the case of our neighbour in August in the second announcement China, domestic strife still continued and of a reduction of the rates of interest financial difficulties reached the

The abundance of idle trenity. The giver market followed the on deposits. money, however, encouraged investment downward, movement, and circumstances in shares and bonds, and on account of generally were unfavourable to trade various causes, such as adverse frade and For these reasons the purchasing power the uneasiness that was felt for the of the people seriously diminished and future, the tone of the money marked trade was depressed: To make the mat- school, where he graduated with honours, creditors shown in the statement of affairs underwent & complete change in Septenter Mill worse, during November there He quickly lenped into prominence as as being entitled to approximately TIs. ber, so that towards the close of the year it becaus increasing tight, and the year China.

was a run on leading banks in North crack airman and his services were re- end saw an unexpectedly great scarcity Middle nad South China, making the him instructor in the Paotingiu Bring Receiver went on to say that he had re- The bad effect extended to tained by General Tsao Kun, who made 694-089 had not yet proved. The Official

Foreign Trade of Formosa :-The total still more sluggish, and it

The machine on which he met jected proofs amounting to approximately money market which was already tight service.

continued to his fate was trade of the island during last year grow ever harder towards the end of plane and for several weeks it had been Tls. 103,631, as being contrary to the

a Handley-Page bombing (1021) was over 238,000,000, the exports the year? For these reasons Japan's in constant use.

On Friday to the mother country and abroad exports

was taken

provisions of the Gaming Act, and such to China (including Hong out of the hangar for a reconnaisance amounting to over Y. 152,000,000, and im kong) suffered a serious decrease of trip. The passengers were Ma Kwelian rejection had not parts to over 1.133,000,000. This was a 165,000,000; the total being Y.530,000,0.0 and Chow Chou-ling, of the Peking Aero- against,

yet been appenieri decrease of over Y102,000,000 from the The South Seas and India:-In these nautical Department, two mechanics, ten gures for the corresponding period of quarters, too, the depression of trade officers of the 3rd Chibli Division, and the preceding year, due to the decrease as remarkable, and demands for Japan two pilots flying as passengers--sixteen in The assets bad realised Tis. 2,019.95. of exports in sugar, camphor, coal, etc., ese products fell off considerably. ind of imperts in railway materials, the other hand, the imports of German

On all

from which two bills of costs and court artiacial fertilizers, timber, ate.

manufactures and those of other Euro Staple Products of Formosa-Sugar: pean countries correspondingly increased, The output of this staple for the year making the position of our exporters A." Heath" or "Ritz? Hat affords its wearer a pleasing of more than 500,000 picu over in the imports of subber and rice

was over 4,210,000 pieal, which was an in- I difficult indeed. There, was some ineren had ignited the gasoline soaked won $1,374,ylelding no greater dividend than the figures for the preceding year of from the Straits Settlements sense of confidence in his appearance.

this cofal the exports to the mother comme ham, but owing to serve low in Enveloped in Hames as it was, the plane.0000 sont per dollar, or considerably less try and abroad arounted to

over the exports of cotton stuff to those Ma, again must to ground by Lieut. I than one farthing In the pound sterling. 4,340,000 pic,, an increase of some countries the total trade

whose back the consagration with them 485,000-picul

His Lordship, in declining to gract the The export value, how fall to half the figures for the preceding made from a height of a thousand feet application, said he was very considerably

was beating steadily. The descent was ever diminished by over 55,000,000 year. Our exports to British India of The gasoline tanks caught fire in midair, impressed with that part of the Official due to the decline of the market price.

matches and silk textiles also fell to half, 2,500,000 koku (1 koku=40 bushel), went down to one-third: thus the total the machine reached.

passengers, and a wing snapped, off before giving an increase of more than 134,000 of the trade was only half of that for that Ma lost control just before the available for distribution.. Mr. Hårri........

ground

"I am told hazardous speculation, and the amount keku. This was remarkable, considering the pre-eding year. Our experts to the descent was completed," the decrenss in nereage of the Bolds Dutch East Indies diminished to one hurried to the scene of the wreck and the had suggested that the creditors had par-

Eye-witnesses planted Doubtless the result was due to half in matches and cotton textiles, and charred body of the gallant pilot was ticipated in bankrupt's rash and hazard- the weather which continue favourable imports of sugar from them lost twenty extricated and conveyed to the Military throughout the season. The actual figures per cent. As for the Philippine Islands, Hospital at Pastingfa. Hopes were ous speculation, but several of them had for the second crop are not yet available, our imports of sugar gained ten but it is estimated at about 2,455,000 cent, but on the other hand our exports about his hands, back, and head were such was not the case, while the court por entertained of his recovery, but the burus come before the court and lind said that koku, The amount of rice exported to to them lost more than two-thirds. Our the mother country during last year exports to Indo China of textiles and day morning. The deceased airman is bad ruled that in the case of the Nether-

100 severe, and be expired early on Tues amounteal to over 1,015,000 koku, an in-copper fared even worse, the decrease in crease of about 300,000 koku over the

one of a family of nine who were depen Landa Trading Society and the Nether- for the preceding year.

this ense being as great as ninety perdent on him. Tes: The torn output at this staple diminished to half, making the total pne Imports of Vice from them also

lands Bank the transactions were perfect- during last year was about 13,000,000 kin third of the figures for the Breeding no right to be in the place and that they them in the belief that Ezra was a man It is said that some of the officers had y legitimate, and the banks entered into (1 kin=1 pounds), which was a decrease year.

about 40 per cent from, the Sgures, Thus the total turnover of our tradeled for the trip One of the pilots in the transactions were bond fide. It seemed ousted certain students who were schedu of considerable substaney and that the for the preceding sear, the principal with these countries" was 1.535,000,000, aerodrome who was booked for the fight that, although for reveral months bank- cates being the smaller crop on the ten decrease of Y33,000,000 as compared was dissuaded from entering the machine rupt knew he was insolvent, he did not plantations, the short rains, and the with, the preceding year. efforts to improve the quality of Formo-

The President reviewed the course of had had much experience in the air, haded them, and his Lordship considered it by his wife, who, although her husband curtail his speculations but rather increas ten. The amount exported during foreign exchange daring the year and the year reached about 13,417,000 Lin, an increase of some 2,810,000 kin over

premonition that this would be his last, bis duty to protect the public against that in conclusion said that owing to the de Another story is told me concerning a class of man. He must, therefore, refuse the figures for the preceding year. Thus takings of all sorts were inactive ad heard that the Handley Page was to be made again in two years, but if in the pression of the economie world, under Kwai-san. He was in Peking when he the application. Application could be the demand made it possible to dispose busiuos generally was brought to a stand taken up. He had no particular reason meantime bankrupt did something to of the accumulated stock.

Camphor:-The

though the depression of the foreign for joining the party, but, as he explain wards meeting his liabilities, the court ing the year, was about 1,800.000 the half-year commenced and to-day." A ghastly joy-ride indeed!

total production dur

was especially conspicuous In on the telephone:

"I feel like or the same amount as reported for the ended with unsatisfactory conditions.

4 joy-ride

would probably look with more favour preceding year.

upon an application for discharge. Of camphor oil about Under these circumstances the 5,000,000 kin was produced, showing a slight increase over the preceding year.

Bank of Taiwan carried aut effective readjust- 'ments of business both inside and out sid the Bank, in conformity with the 144,000 kin, Y.250.000: and those

at over general condition of the economie warld ceeded 5,000,000 of camphur oil ex as above described Wo also made acces Y.3,490,000,

at Compared with the Agures Thus we were able to secure results oversary preparations for future expansion. for the preceding year, the

which on the whole are satisfactory, as camphor showed a decrease of ovar may be seen from the balance sheet, and

of 1,261,000 kin in quantity, and Y. 2,050,000 we now propose a distribution of the in value while in camphor oil there was profits as per the statement.

In order to increase our funds to meet

the has decided to call up the third instal ment of 7.80 per share on the new shares.

Bice: The first drop amounted to over anf the imports of raw cotton from the thus burning, to death the whole of the Receiver's report with regard to rash and

& CO., LTD.,

MEN'S WEAR SPECIALISTS

exandra Building

Des Voeux Road

DOUGLAS & GRANT LTD.

KIRKCALDY, SCOTLAND

RICE MILLING

The largest and

most widely

Bola Agents in South China

MACHINERY

xperienced makera

In the world.

DODWELL & CO., HONGKONG.

HONGKONG HOTEL

GARAGE

TYRES AND TYRE SERVICE.

Ekze

UNITED STATES

RUBBER

TYRES AND TUBES

New shipment just arrived Ex: 5.8. “Suraga

Inch Bizos Fabric

Clincher

Millimeter Sizes Fabric'

Clincher

Tyres 828.00

Tubes

Inch Sizes Royal Cora

Straight Side Non Skid

36

Inch Sizes Nobby Cord

Straight Side Non Bia 180,00 WE'SPECIALIZE A

86.00

8.0 115.50

9.75 120,00 10:50 122.00

11,00 11.50 136.00 11.75 12.00 138.50 12.25 145:00 13.00 155.00 13.50

25,00

M

VULCANIZING AND RETREADING

having recently installed

THE MOST UP-TO-DA'IE' PLANT IN THE COLONY

SHOW ROOMS :

PELDRA STREET

WORKS: RUSSELL STREEK

"

موري

The total exports of ***** were more

than

exports

cent.

3 GĦASTLY JOY-RIDE.

GERMANY AND "THE 'SOUTE

CHINA GOVERNMENT.

OBTAINING A TONIC.

THE NEW "WAY AND THE RESULT. Ao interesting development in the rola- ment is reported in the Eastern Times.at the Magistracy, yesterday morning, for tions of Go many with the Canton Glave:

A peculiar casa came before Mr. Wood, It may be remembered that when Ger- bearing, when a Chinese was charged with many proposed to re-open her Consulate obtaining a bottle of quinine from Sin- at Canton, Dr. Sun Yat-sen's Govern cere's by macana of false protences. ment intimated that it did not recognize the German

It appeared that on Good Friday night, peace treaty with Paking not recognize any German official who he had been sent by Dr. C. C. Wang, He fendant went to the store and said that might be posted to Canton. The develop obtain two order books and signed on west reported by the Eastern Timer is behalf of the Doctor for the bottle of that German Consular officials have now

again of over $19,000 kin. in quantity the extension of our business, the Board and accordingly, it was prenumed, wifi according to Inspector. Caygill, the de

but a loss in value of about Coal:-The total output,

year was 987,000 tons, valued at over Y.7,870,000. This was a about 100,000 tons in quantity and over decrease of

40,000 in value, due to the curtailing BRITISH NAVAL PATROL OF approached Dr. Wu Ting-feng, Canton's quinine; thin bo took away with him. On

of work effected during the year.

total exports were aoine, 1,014,000 tons, The valued at over Y.7,300,000.

THE YANGTSZE.

THE SALVATION. OF TRADE.

Minister of Foreign Affairs, with th the following day the defendant sent a expression of a desire on the part of German back with the bottle of quinine. The many to negotiate a commercial agreement messenger handed in a chit, stating that with the South.

the quinine was

The not satisfactory. suspicions of the counter assistant wern aroused and the messenger was taken to fendant was arrested in Yaumati. Acting the Central Police Station. Later the do-

on the prisoner's information the twe order books wern, found, in a house at Staunton Street,

Alcohol--The total output was over 68,000 koku (1 koku about 4.8 gallons),. showing an increase of more than 19,000 koku. This increase is attributable to the British Chamber of Commerce, Hankow, Speaking at the annual meeting of the increased amount of Exports to the" mother country were man, paid a tribute to the work of the

sugar produced. last week, Mr. A. E. Marker, the Chair A PENDING LIBEL ACTION 56,600 koku, valued at over Y.5,800,000, Navy during the past year on the Yangtze. This shows an increase in quantity;

on the other hand; owing to the decline aid I should like to place on re- of prices, the value diminished.

market for tha

AT SHANGHAI,

i

CLAIM FOR TLS. 100,000.

cord our sincere appreciation of the ex cellent work done during the year by

In reply to the Magistrate, Inspector Mr. Tao Yuan, Superintendent of Caygill said that he could give no reason been opened up in Shanghai and vari- their officers nad men of His Majesty's and a well known figure in foreign and He suggested that the defendant could a staple have in Inte years Rear-Admirals Borrett and Maclachlan, Customs, President of the Dab Tung Bauk why the defendant returned the bottle. ous points on that side of the sea, and exports to them'amounted to 17,800 koku,

Without their assistance trade Chinese business ciroles at Shanghai, is the not dispose of the tone, and thought it valued at Y.570.000; This was a marked would have come to a complete standstill. plaintiff in a dibel action for Tls. 100,000 best to return it to the store. gaie over the figures for the preceding Who have no hesitation in mying agit has just been filed by Mr. C. F. quiries by the police, and the defendant Whilst order was happily preserved in pending against the Siniran pao. The The case was put back for further en- Gold:-The output during the year that it was largely the moral effect of the Franklin in the U. 3. Court for China, was released on bail of 8250. waa 232 kamme (1 kamma=8) pounds), presence of large ships and very consider defendants being a firm incorporated valued at over Y. 1,181,000. These figures able armed fores on the lawless native under the laws of the State of Delaware. show an increase of over 92 kamme in troops, who were continuously getting our

year.

of hand, that kept control of the situation is describel as a fetitious report of the A CHAIR COOLIE AND HIS

The alleged libel is contained in what

Y-462,000

Mr. Tuo fian in connection with

"

the

Hypothee Loo, in value

markets for rice and ton showed some at one time seemed imminent." improvement during the year; but the farmers, who had not yet fully recovered

from their reverses due to the copa.

AMBITIONS FOR TSINGTAO.

DK. C. T. WANG'S DESIRES:

of the preceding year, still needed modation. During the year loans were granted by the Bank of Taiwan, Ltd.. as the agents of the Hypothec Bank of Japan in 930 Y.6,700,000.

case, amounting to

At a reception given at Tainanfu in The funds was employed in the redemption auspices of the Provincial Assembly of greater part of these honour of Dr. T. G. Wang,, under the of old loans, and the rest in the reclaman Shantung, Dr. Waag made a statement tion of land, construction of

works, The Outstanding and to the following effect:

"Tsingtao is not a port belonging only

irrigation at the close of last year numbered 4,959, to chartung. We should do everything in amounting to Y.17,728,000. This repro peats an increase of 979 cases amunt of the greatest commercial ports in the our power to make Tsingtao in future one ing to Y. 5,700,000, as compared with Drient. To this end, we should keep the figures for the end of the preceding our eyes open wids and take into our con- year.

Note Tasuce and Loans in Formossideration how to develop Tsingtao without Owing to the depression of the sugar and looking back upon Tsingtao of the rice marke's, the purchasing power of bast. I am determined to discharge my the generally dimiahhed and

dution as Director-General of the Re- quently the greater, number of the new abilitation of Shantung in accordance companies fell into difficulties, due to the with the popular will of the Shantung pro geaaral depression of trade,

Hocials and on the line above mentioned:

соло-

Governmental loans investigation, which is still being conducted in Peking.

PEKING'S NEW CABINET. Following is the constitution of a new Cabinet under Mr. Chow Tzorchi:-

Minister of Foreign Affairs, Dr. Wel- Premier, Mr. Chow Tzo-chi,"

libgton Koo.**

Minister of the Interior, Mr. Chi Yao-

shan or Mr. Kao Ling-wor. Minister of Communications, Mr. Yob

Kus cho

Minister of Justice, Dr. Wang Chung

hugi.

LICENCE,

44

SOLD THE LICENCE, BUT NOT

THE CHAIR."

"What have you done with your licence?" asked Mr. Wood, yesterday, of & happy-looking Chinese, chair bearer, who was charged with not having the neces sary "public hire licence.

I have sold it," replied the man, grinning broadly.

"Bald it,

"Yes, I sold the licence, but I did not all the chair."

Can you tell me the number of your licence" "Oh, yes; it is number 634," glibly responded the defendant, who ap Minister of War, General Chang Ching-peared to enjoy the joke as much as the

buni, Minister of the Navy, Admiral Li Ting who wore present in Court

large number of Police Laspectors did. As the Triffic Inspector's Office was Minister of Education, Mr. Chow Tre-closed-for the day, Mr. Wood put the case back in order that the man's statement Minister of Commerce, Mr. Kuo Tro could be verified from the licensing re

Jun..ar Mr.San.To.

...cords,

hsin.

chi.

ተነ