1926-04-20 — Page 3

Page

THE HONGKONG DAILY PRESS, TUESDAY, APRIL 20TH.

Foamite Firefoam

THE MOST EFFECTIVE FIRE EXTINGUISHER.

SOLE AGENTS FOR HONGKONG AND SOUTH CHINA.

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel. Central 236.

2, Queen's Buildings.

ANCHOR BRAND

PURE MANILA ROPE.

"THE CORDAGE YOU CAN TRUST."

MARINE ROPE

: TRANSMISSION

OF POWER ROPE

CABLE LAID.

BAWBERS

WELL DRILLING

CABLES

ESTABLISHED 1854

YNCHAUST

ROPE

FACTORY

MANILA

RUPES OF ALL SIZES FOR ALL PURPOSES

MADE · FROM PÜRE MANILA HEMP

MANUFACTURED

BY THE MOST MODERN

MACHINERY".

STOCKS ON HAND OF ALL SIZES ENQUIRIES SOLICITED

HONGKONG OFFICE:

FACTORIES-MANILA, P.I.

TELEPHONE CENTRAL 3165.

KING'S BUILDING.

Yours Truly

Folacca Store

A.P.B.

(REPRESENTING THE ORIENT TOBACCO MANUFACTORY ÉN HONGKONG AND SOUTH CHINA)

If you want cigars of the best quality under the "Es Ferls Del. 'Oriente", "El Comets Del Oriente and the "Grandania" brands, you can rest assured that jou can get them from na

Come and fuspect our store, or phone C. 1836 for particulars:

22, Des. Vaux HOLD (OPPORITE THX P. & O. BUILDING).

DRITISH BREWED FROM MALT HOPS by the PALATINE CO.LTD MANCHESTERENG

Malt

&

Hops

Malt and Hops--and Malt and Hops alone give to ROYAL BEER its pleasant, inviting davour. ROYAL BEER 15 guaranteed pire and is care- fully bottled to keep perfectly under, all climatle conditions, Sparkling, lively, cool and refreshing,

ROYAL BEER may rightly be described as the **Champagna of malt liquors."

"ROYAL BEER

Obtainable from all Hotels, Wine Merchants and Stores.

AGENTS:-

Messrs. DONNELLY & WHYTE,

2 Queen's Britaines, HONGKONG.

CEL.!

A.P.B

BANK OF ENGLAND'S GOVERNOR.

THE RIGHT HON. MONTAGU COLLET NORMAN, D.S.O.

HONGKONG STOCK EXCHANGE.

CLOSING QUOTATIONS.

AFIL 19TH, 1916,

London.........£125 nom.

Bangkong Bank....$1,085 buy, de m

Do

Chartered Bank

""

HODA.

Marcantile Bank, A. & B......£20) bay

Do

0......218 bay. 19t nam.

The re-election of the Right Hon. Montagu Collet Norman, D.S.Q.. Governor of the Bank of England for a P0. Bank......

East Asia Bank. seventh year-the longest tenure of that Omatan Insurance olice in the history of the Bank-his reNorth Chins Inanrance Ühing Underwriters..... cent visit to the United States for con Union Interace sultation with America's financial authori-Yangleze Insurance

China Fire Insurance ties, His sponsorship of the gold standard's

Fire insurance... restoration and the raising of the embargo on overseas issues are matters of out-

bar

buy!

$190 KM

... nom.

$258 $253 buy 39 non $170 bay. ...3530 boy.

H.., U. & M. Steamboats... Hoogkong

Tog

standing importance to the City of Lon-de-China (Frot.).

Do (Det.). den. A timely, cpportunity thus occurs for a beef sketch of Mr. Norman's career. though, as is well known, he deprecates publicity, and is noted for his reticence. Bays the Fincurial Times,

To begin with his early years, Mr. Norman, after a preparatory schooling at Sunningdale, went to Eton with the firm intention of taking up the Army as a pro- eighties fession. In those days, the early

he is now in his afty-fifth year the Army was a profession which still attract ed wealthy young men of his class, and as a youthful Oppidan at Eton he was looked upon as belenging to the type which almost automatically passed from school inte Sandburst or Woolwich and achieved the routine career of the Vic torian Army man. Although now not in terested in any sport, he played the usual games at Eton. though without attaining any prominence.

น

Shell Transporte Star Ferres... Waterboais. Oriental Navigations China dugars Malabon sugar Barguets

madan Mining Aduin Langas (combined) Do. (single)

Explorations. Shanghar Sanghaż Loads Ranbe Tronoh Min Ural Caspiana

H.E. X. W baxing. K & W, Docks Hond Hongbews..

New Engineerings. Shanghai Dock.... H. S. Hotels Hongkong Lands

nom

..$38. nom.

07/

Şud nom.

şlu nom.

2d

buy. *34 num.

$1 nom.

43, bay.

‚'la. Ekt bay.

Tis. 194 buy.

The of buy

1. 7 nom.

. nom.

,65j. nom. 8/-nom.

$129 buy. 160 sei. Tix. 165 buy.

Tha 5.80 buy.

$50 kel. Jo bay..

BOY BUL ..$15 bay. $105 cm.

Hongkong Realtys (c.p.)... H.. Ter norias (f..).. Humphreys states.. Prince Buildings.. Kural Lande

itcas

1. lug bay. Ewo Cottens Orientals

Tis. 10 bar. Shanghai Cottons fold)Tia, 62 buy.

(10W

Do.

Canton Isaa

Amusements

Comenta (combined)..

نائل

(old)

110. Chins Bases.............. China Lights (combined).

(old) (NOW)

10.

China Providents........ Constractions Dairy Farms......... Der A Wing (fp)... Hongkong Electrice Macia tetrica ......... H.K. Developmenta.....

Young Norman belonged to a business family whose influence in London's com- mercial enterprises was of the first rank. His maternal grandfather, Sir Mark, Collet, was a Governor of the Bank of England in the eighties. As he already showed at school a considerable aptitude for economics, both his father and grand. father used their influence to turn his mind from thoughts of a military career: pointing out (as was often the custom with parents in those days) that the age of great wars had passed, that the future lay with industry and commerce, and that. with his large means and his influence the commercial world great achievements were reasonably within his reach.

Thus, instead of taking the Sandhurst or Woolwich examination, young Norman proceeded to King's College, Cambridge. where he devoted himself, under the late Professor Marshall, to an intensive study of Political Economy, and attended the Mathematical Schools. Beyond a little loating and some cricket, he gave little time to athletics, but was distinctly popu-Hongkong Tramways..... far with all classes of the men at King's Lane Crawfords.... in the early nineties. Incidentally, too, Mackintosha. he attended the Law Schools, and, big "Peak Tras (old) successes were prophesied for him by Sir Frederick Pollock, the eminent jurist, if Sinceres he eared to take up a legal career.

He, however, entered the distinguished firm of Brown Shipley & Co. on leaving, Cambridge, at the age of twenty-four Here he obtained what was probably the soundest and most conservative training available in England in those days, and since Brown Shipley's interests were of considerable importance on both sides. the Atlantic, the future Governor of the Bank of England acquired that insight into the monetary conditions of the United States which has served him to such good purpose during the past decade.

Taria

Do.

petcombined). (old) (RAW)

Do (now).

Jil bay,

...$154 buy. · ..$13 buy, „13 nom.

1. 10 bar.

$20 bay. & 13.

$15 buy.

11 bay. 36 buy.

„Mu num.

$10 not

So buy. 140 дож

ets. com. $30 sel

1926"

UBEN'

UBERS

QU

SUPER

TO-DAY & TO-MORROW

2:30, 5.15,

7.15 & 9.15

Is it Fair to Ask One Woman to

Judge Another's Sin?

Who can answer?

SEE

Who knows?

THE WOMAN ON THE JURY.”

FRANK MAYO

HENRY WALTHALL

BESSIE LOVE

FIOBART EOSWORTH FORD STERLING

THE STAR

-TO-DAY "Ar 5.30 & 9,15

GOLDWYN

LISENTS

EN

COLLEEN MOORE

"BROKEN CHAINS."

$10 ani.

šli nei

buy. buy.

200 Sinceres

500 Cements

$ZU ZOZI. ...$12 buy.

..$10 nom.

1000 Glenely.

Orientals

United Asbestos Waxons (old, W Pawalla ..... Singapore Tractions.

buy-buyers; sel-sellers; roles”;

nom-nominal.

COMPANY REPORT. MERCANTILE BANK OF INDIA, LTD.

CAST:

SYLVIA BREAMER

MARY CARE

LEW CODY

ROY STEWART MYRTLE STEDMAX

THE WORLD

TO-DAY 5.15 & 9.15

CHANEY

LON

IN

"A BLIND BARGAIN."

INVESTMENTS.

WE BUY

Anglo-Jarsa Reality s

Forgien Watsons

Investment Shares.

100 Electrica

500 Hotela

1000 Bwon

100 Steamboats

WE SELL

500 New Engineers

No Lot Too Small No Lot Too Large.

1.100/500 Jemas

100/300 Underwriters. 200 Lase Crawford 100/200 Amusemente ». 100/50 Constructions

HONGKONG SMALL INVESTORS SHARE & REAL ESTATE CO.

The thirty-third annual report of the MR. Board of Directors to the shareholders

reads <--

The Directors submit to the share- holders of the Bank the general balance sheet and statement of Proft and Loss Account for the year ending Decetaber 31st, 1925.

TEL. 4630.

10, Des Voeur Boa

ago..

rfes

TENOR WHO SANG 74 YEARS He married for the second time five years'

AGO.

"A London boy, who began to sing 74 EDWARD LLOYD SIGHS FOR years ago, before the Crimean War, he Pleapt to fame at his first appearance in MUSIC OF THE PAST.

the tenor narrative in the Matthew Passion" at the Gloucester Festival in 1871, and 5 years ago, long before be need. he retired, declaring that he had made enough money.

At thirty he was elected a partner in Brown Shipley's at less than fifty he was chosen Governor of the Bank of

NO MELODIES TO-DAY. England, where he still remains. By the way, Captain Montagu Norman served in

Everyone should sing-in their bath the Boer War of 1899-1902, in which he

or anywhere. It is because I have been was several times badly wounded, and

singing all my life that I am hale and from which he issued with the highly prized Distinguished Service Order.

hearty to-day at the age of 81," Mr. Mr. Norman travelled to Washington

Edward Lloyd, whom a past generation with the present Prime Minister, Mr.

knew as one of the great tenors of the Baldwin, then Chancellor of the Exche-

today, said when a reporter called on him quer, as chief financial counsellor in the 415,584 12s. 7d. From this sum, has to after his birthday party of last month." momentous sessions which led to Britain's be deducted £4,000, being the interim

He had just conipleted the three mile Arrangement for settling its war debt with dividend of 8-per cent, less income tax, walk along the sea front which he carries"

B on the A. American Snanciers

Cshares paid out every morning. the United States. acknowledged the wisdom of his judgin September last, ments, and recognised the sound quality of his well-reasoned optimism."

"The net profits for the year, after pro viding for had and doubtful dehts, and including £138,201 11s. d. brought for ward from last account,

"and

المدينة

amount

#

He and Sullivan were choristers Le gether, and he has sung with Patti. Nill son, Albani, Melba when a girl, and ali the great prime donne.

The Directors have added £50,000 to the reserve fund (raising it to 41,380,000); He is much esteemed also by the repre- $15,000 to the officers' pension fund, and sentative financiers of France and Ger-written £20,000 of freehold banking pre-

"The music of the modern school means mises. many. We have met the financial ex

They now fecommend a final

A, "B" and "C" nothing to me, for it has no melody," perts of many countries," said one of the dividend on the

Jazz and American German envoys to London last year," but shares of 8 per cent., less income tax said Mr. Lloyd.

I came here everything seemed vague and nebulous (making 18 per cent. for the year), leav. music of any sort I detest. until we discussed matters with the ing a balance of £182,894 128. 7d. to be 25 years ago to live on my memories. 1

carried forward.

am always in the past," Governor of the Bank of England.'

OLD FASHIONED." It is with very great regret the Direg tors have to record the deaths of their

The music of long ago had melody. esteemed colleagues Sir Robert J. Black. It roused one's feelings. It had a tune Bart. and Lord Carmichael. G.C.SI, with a beginning and an end. To-day G.C.LE, K.C.M.G.

nuch wonderful music as that of Hendels- The following Directors retire by rotasohn und Frederic Cowen is considered tion, but, being eligible, offer themselves old-fashioned. Elgar is right in describ for re-election-Mr. J. M. Ryrie and Siring musie a dead at the moment. There

Or

All Europe, practically. has solicited Mr. Norman's advice, at one time another. His inspiration is the chief one in the work of reconstruction in several countries, so he is one of the chief agents in the world's actual work for lasting

peace.

HONGKONG & SHANGHAI BANK SHARES.

David Yule.

ing.

It will be necessary to appoint auditors, are signs, however, that a revival is com Messrs. Cooper Brothers & Co. and Messrs. W. A. Browne & Co., the retiring

In the course of an article on Angio-auditors, offer themselves for re-election.

By order of the Board, Foreign Banks in its Banking Supplement

J. STUART, dated March 16th the Financial Times

Chief Manager. Kays:-

London, March 11th, 1928

از سپند

RUBBER GROWING IN THE

·PHILIPPINES.

populas? Because he carries on the best Why is Sullivan so immortally

&

"EXCHANGE RATES.

[BRITISH WIELUES SERVICE.]

RUGBY, April 17th. To-day's exchange rates are as follow: Paris Brussels Amsterdam Berlin Copenhagen Vienna Helsingfors

Lisbon Buenos Aires Shanghai Yokohama New York

· Genera......

Milan Stockholm

Oslo Prague Madrid

Rio

Bombay

Hongkong Silver (apot) Silver (forward)

145 1313 ... 12,124

20.42

18.50

34.50

1934

2.17/32

447

2/101

BIG SUGAR CROP.

1/11

*4.884

95.18

120.85

18.15

22.22

184 1/16

33.84

6 7/16

1/5. 57/04

2/2

29. 5/18 291

tradition of English melody.

A Washington radio message says:— "He and I were lads together, he a

The world sugar production of 27,652,000 charister at the Chapel Royal and I at short tons for the current season, repre- Westminster Abbey. We went to mad-senting an increase of 4.3 per cent. over, rigai concerts together, and Sullivan, through singing Purcell and the old English masters in choir for years, got the inspiration which enabled him to give great music to the world. Wagner is an- other fount of delight.

MOTHER AS TUTOR.

the estimates of that harvested for the 1924-1925 crop, is predicted by the De- partment of Agriculture..

The total output of the Kailan Mining Administration's mines for the

week

Owing to the political troubles in China, Hongkong & Shanghai Banking Corpora tion shares have fallen and now yield considerably more than a year ago. But- the finances of this institution are so ably, managed and its reputation in the Far East stands so high that even the state of civil war prevailing during the greater part of the period under review hardly disturbed the even tenour of its way and failed to prevent the distribution of the regular dividend of £8 per sbare, which on the $185 shares at £120 represents a yield of nearly 81 per cent. How little commercial pursuits in China are affected by the activities of the numerous war lords Mr. Firestone, at the request of Senate! I had years of training, although I is not suficiently appreciated by the in-President Quezon, visited Mindoro, and had no master except my mother, who vestor here. The striking growth of the upon returning, reported you favourable was a King's Scholar at the Royal Customs revenue showed how the commer- rubber growing conditions there. He College of Music cial community can thrive despite these drafted plans for the development of the troubles. It will be recalled that Sir industry in the islands for the considera-| Hugo Cunliffe-Owen, at the recent meet-tion of the legislature. The plans have "I had the good fortune to have an ing of the British-American Tobacco Com-met with the approval of the majority unusual voice for a boy in that it never pany, expressed the emphatic opinion that of the government officials. Mr. Fire broke but merely deepened in timbre. China is still an excellent field for busi-stone suggested that a 200,000 hectare, ness enterprise. This being so Hongkong 75-year lease plan was necessary to deve & Shanghai Banking shares appear aloped the industry in order that it would relatively cheap investment.

be profitable to investors.

MR. FIRESTONE'S PLANS.

"No one puts hard work into art ending April 3rd amounted to 70,427 tons After a stay at the request of the to-day, and without hard work there can and the sales to 16,880 tonn filipino leaders of over two months, Mr. be no art. People begin to sing in public **** Harvey S. Firestone Jr., -son of the after a year or two's training, when in

FOR EUROPE AND AMERICA. president of the Firestone Tire and the old days years of laborious devotion INDIA, AUSTRALIA," &c. labber Company of Akron, Ohio, left for to their art was necessary before, they Singapore last week.

became master singers.

Comprehensive and Complete Report of the

. BEFORE THE CRIMZAŃ WAR.

Mr. Lloyd still has the sonorous and rolling voice of a middle-aged tenor.

NEWS OF THE FAR EAST Le giron in the HONGKONG WEEKLY PRESS. with which is incorporated THE CHINA OVERLAND

TRADE REPORT." ..

Fa seription, paid in advance-$13 per His eye, is clear, and his bearing erect annum for delivery in Hongkong ineludirg and he is a familiar figure in WorthingPostage to any part of the world Sie