1924-10-08 — Page 3

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THE HONGKONG DAILY PRESS, WEDNESDAY, OCTOBER STA, 1924

Foamite Firefoam

THE MOST EFFECTIVE FIRE EXTINGUISHER.

BOLE AGENTS FOR HONGKONG AND SOUTH CHINA:

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel Central 398.

2, Queen's Buildings.

QUEEN'S THEATRE

WEDNESDAY and THURSDAY LAST TWO-DAYS.

BESSIE LOVE

GARETH

AND

IN

HUGHES

"FORGET-ME-NOT"

A PICTURE NO MOVIE FAN

SHOULD MISS.

Commencing FRIDAY, OCTOBER 10th

MARION DAVIES

IN

"CECILIA of the PINK ROSES

A SELECT PICTURE

PIANOS FOR SALE OR HIRE,

TSANG FOOK "PIANO CO.

2127.

Ha, WÄNUNA Bean..

If you

missed it last Don't miss it Now !

year;

NANOOK

OF THE NORTH

A Story of the Snowlands

also showing

CHARLIE

Pathepicture

CHAPLIN

in "The Fireman Today, "at 2.30, 5.15, 7.15 & 9.15

THE CORONET

THE £40,000,000 LOAN

FOR GERMANY.

AMERICAN. OPTIMISM.

The Paris correspondent of the London Daily Telegraph last month wrote:--

Mr. Owen D. Young. Agent-General for Reparation payment ad interim, and Mr. Andrew Macfadyean, who will supervise the revenues from the five German mono- polies which are to go to Reparations. have left Paris for Berlin. It is under- stood that their first business will be to confer with German bankers in regard to the floating of the 10,000,000 ̈loan. Mr. Young and Mr. Macfadyvai.cannot say how long this preliminary business will last, but it is thought here that all arrangements for the loan will be com-

The Agent pleted By October 10th. Gentral for Reparations Payments has started on his mission with the assurance that he has the fullest confulener" of the Reparations Commission of the chiefs of the Allied Liovernments, and of the German Government itself.

In a statement he made before his de parture Mr. Young declared that he would devote himself hedy and soul to his task Flet will remain in Berlin, dur ing the transition period-that is to say. from the day the Reparations Commis sion has declared that Germany has ful- Alled the legislative conditions, and until it is decided that the laws voted by the Reichstag are rally applied and a start has been male to racepte the Dawes plan. He calculairs that the period of transition will last five weeks, and dur- ng this time be will receive the payments that the Reich ought to make for the de- liveries in kind provided for in the Dawes plan. When the plan is in ope ration it is his intention to return to Paris in order, to confer with the Com. missioners of the Bank of Gold Issue and of the railways. Then, in co-operation with the Reparations Commission, he and the Commissioners will draw up a pro- gramme which shall ensure the perma- nent execution of the Dawes plan. Mr. Young emphasises that he is invested with power of attorney by the Reparations Commission, and that he will work in close co-operation with it on all ques- tions relative to the execution of the plan. The Reparations. Commission has appointed Mr. Seymour Parker Gilbert, an American financial lawyer, as per- mancat Ageat-General "for Reparations Payments, and when he joins Mr. Young in Berlin they will work together fur some time, and afterwardss Mr. Young proposes to return to Amerien to attend to bis own affairs.

','

Mr. Before he sailed for America. Clarence Dillon, the New York financier who was closely, identifed with the Lon don Conference, made an optimistic de- claration as to the successful working of the Dawgs plan. Mr. Dillon had been in Germany, where he visited a number of industrial areas, and what the bas seen there justifies him in thinking that there is no ground for pessimism. As to the £40,000,000 loan, he declares that America will take a large share of it. easily one-half. The terms of the load. be anys, have not been agreed upon, and be emphasises that neither the German nor the Allied Governments have yet come to this point in any negotiation. For his part he considers that the foam is amply guaranteed, and that it is an if excellent

especially investment, France and her Allies feel that, it is worth while to give Germany this chance to prove her good faith under scheme." After visiting Germany he has formed the impression that conditions are not so difbeult as many believe. Ac- cording to an interview with bim in the New York Herold, he says there is still grave doubt as to when any effort would be made to float German industrial Debentures under the Dawes plan. this connection he declares that several of the larger German manufacturers are making arrangements to meet their finan

He is of cial requirements otherwise. opinion that when things get working in Gormany there is not going to be s great a need of money to finance increas ing business ma was at first expected. It is true that German manufacturers will require money for credits, but Mr. Dillon points out that this is a matter between them and their bankers, and not a ques tion of lending money to the German Government. This convinces him that the Dawes plan is going to bring about resalts which will not permit of aby further pessimism

CINEMA NOTES.

QUEEN'S THEATER.

11

new

In

** Forget-Me-Not," which is now sbow. ing at the Queen's Theatre, is a picture which no lover of the cmerna should miss. It will make you laugh a little "and ery a little, and you will come away feeling glad that you are alive and that it is a pretty good old world after all,

THE WORLD THEATRE

The Shock" which comes to the World Theatre, to-day is said by metro- politan critics to be one of the most un- usual pictures produced in months. The principal male role is played by Lon Chaney and the feminine load by beauti ful Virginia Valli. These two stars are supported by an excellent cast including such well known players as Christine Mayo, Walter Long, Jack Mower, Eary Barrows and James Wong. It is directed by Lambert Billyer.

ing

THE COLONET.

Without the walrus and the scal, their best sources of heat giving food and cloth- existence would cease to be" possible with the prople depicted in the Coronet's Arctic

picture Nancok of the North." The eskimoos skill in capturing these ocean animals, weighing from one thou sand to two pounds, with the slender walrus-icory pointed harpoons is remark able: The picture shows every detail of these exciting adventures. It is a human interest drains and its intimate revels. tions of the strangest social and domestic conditions in the world make it a produc tion of exceptionally wide appeal.

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The Knight motor is steam principle. The valvos 8 two cylindrical aloerse with rectangular slota or porta which when they register with each other and the ports in the block allow the ingress and egram of the gases without obstruction. These wide open passages, particularly on the exhaust side, permit a more thorough cleaning of the bural gases from the combustion chamber than any other type of motor, so that every ounce of energy available is utilized from the explosive mixture, which gives us such tremendous power

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3-It is the only type of motor that improves with use.

While carbon "can not form in the combustion chamber, still a certain amount of the residue from the burnt gees works up behind the wule sealing ring in the cylinder head and, sa this building in process oblains, it keepe pushing this scaling ring more tightly against the inner sleeve until it completely seals the compreseios'chamber developing more power with every mile the motor is drawn.

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All parts in the Willys-Knight car are assembled with wide clearance between each other and oil is forced into these clearances under heavy pressure so that the entire assembly is lapping or wearing in on these heary Bime of ail instead of wearing out. In other words, every bearing in this motor is an oil bearing instead of a metal to metal bearing which is necessary in the construction of a poppet' valve mator in order to keep it quiet with subsequent quich wear and noise..

It has eliminated ons hundred and sirty two quick wearing parts necessary in the operation of a sylindered puppet valve motor. There are no hammering parte such as came striking against push rods, push rods against valve stems, or valve heads snapping back into their seats through the medium of heavy springs, etc.

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HONGKONG SHARE MARKET CLOSING QUOTATIONS.

Octower 77x, 1924. Hongkong and Shanghai

Banks ........................

$1,180. Canton Insurance $720 b... Usima Lazarances

3240 b.

2

Hongkong Fire Insurance...4000 b.

U. & M. Steamboata).

$104 b., $100 am. China

$403

Kowloon Wharves Whampoa Docks Shanghai Docks... Bougkow Wharvo....... New Engineering...

Land

Hong Hotels

1209/1210.

..$174 b.

.. 94 b.

Tix. 192) b.

TL. 6.50 b.

$119 sa

(old) 322.10 b.. $22.40 zam Humphreys Estatos...... $231 b.

Tis. 101. Ewo Cotton Mills................. Shanghai Cottons, mine

Cements

China Providents

Dairy T Waterbosta Watsons

Hongkong

...Th.62 b...

TL. 3.35 b."

(old) $12. $32) s. (combined)

$26 s.ex div.

siet b.

6 b.

Electrics$43.60 mm

China Lights...” *** ̧. Honging Trams ... Peak Tramways.....

b-buyers; 1-sellers;

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Address"A.B." care of "Daily Prem

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