1927-08-29 — Page 5

Page

SUPPORTING THE CENTRAL BANK.

MERCHANTS' IMPORTANT

DECISION.

AN INNOCENT FROM

CANTON.

EASY PRET TO TRICKSTER

IN OXFORD BAGS.

THE HONG KONG DAILY PRESS, MONDAY,

Lau Fung, A well-to-do Chinese $3,000,000 DEPOSIT AND CHAM-youth, was tired of the educational

BERS OF COMMERĈE FUNDS,..

system of Canton, so he decided to come to Hong Kong to better bis English. After getting his parents' consent and some money, he took passage on the s.A. Lungshän. Ho had a brand new kit and in it were (FROM OUR CHINKAK CORRESPONDENT.] 2010 in Hong Kong currency.

GENERAL LI TSAI HSIN RETURNS.

General Li Taqi Hsin arrived in Canton on Saturday evening being received by a number of leading officials. He proceeded to his private residence at Mantch Maloo and there an important conference was held, both military and civil per- sonages being present. General Li strongly recommended that Canton should recognise the amalgamated Hankow-Nanking régime now fune- tioning at Nanking. He emphasis. ed that the Central Bank crisia was caused by the situation in Kwang tung and it was very necessary for Canton to make its position quits clear. He appealed also for the

Being his first time away from hour, the young man wis inclined to be friendly with everyone be

met.

During the six hours trip from Canton, he made many friends on the ship, among them was one Wong Chi,

Lau waited on board. Ten minutes passed, then half an hour and finally one hour when the wharf was deserted and all passengers had dis embarked. Lau began to feel uneasy and started to run about the wharf like one possessed. He could

LOCAL TOBACCO REALTY AND TRUST CO.'S TROUBLES.

---

NANYANG BROTHERS REDUCE STAFF.

200 WOMEN DISMISSED.

Some two hundred women whe were employed in the "leaf pick- ing department of the Nanyang Brothers Tobacco Co.'s factory at Bowrington Road were dismissed on Saturday.

:

CO., LTD.

"NOW TURNED THE CORNER."

REVIEW OF YEAR'S ACTIVITIES.

SATURDAY'S ANNUAL,

MEETING.

A very gratifying statement to shareholders, mate at the fourth ordinary yearly meeting of the No explanation was given, the Hong Kong Healty and Trust Co. women being paid off and told Limited, which was held at the there was no further work for them. Company's Offices, Exchange Build It has been rumoured that the ing, Des Voeux Road, Central, on Company is not doing very brisk Saturday morning, was to the effect that the Company has now turn business just at present and founded the corner." An interesting it necessary to reduce staff.

the activities of the An- review of other report was that the Company Company was given by the Chair has installed new' machinery, which will reduce the amount of hand labour needed.

The discharged.. women were much incensed and threatened that they would stage a strike among their fellow employees. A 'dele- gate yesterday called on the man- agement requesting that they be re-instated, or else be paid one month's wage in lieu of notice. It was understood that the manage- ment had promised to forward their reguest to their Shanghai office.

"WHISPERING SMITH" AT THE QUEEN'S.

THE WEEK'S PROGRAMMES.

1.1.

Mr. J. Scott Harston (Chairman) presided, and there were also pre. sect Mr. J. H. Taggart. (Managing Director), the Hon. Sir Shou Son Chow, Mr. E. M. Raymood, Mr. J. Fleming and air. P. K. Kwok Ribeiro (acting Secretary). (Directors), with Mr. C. F. V.

Shareholders present were: Mr. J. T. Bagram, Mr. J. R. Bourse, Heanler, Mr. 3. E. Mackenzie, and Mr. F. M. Crawford, Dr. C. M.

the Hon. Mr. W. E. L. Shenton.

The total shares represented numbered: 102,675

CHAIRMAN'S SPEECH.

AUGUST 29th, 1927.

PACIFIC FLIGHT.

JAPANESE ATTEMPT NEXT. YEAR.

PREPARATIONS MADE..

TOKYO.

The proposed non-stop fight across the Pacife assumed more tangible shape when the committee considering the fight took steps to decide time and route for the fight, and detailed orders for the manufacture of an effective air- pane for the venture.

The meeting of the Pacific Flight Investigation Commission of the Imperial Aviation Society was Society at Marunouchi, and was at opened at the headquarters of the tonded by practically all leading aviation authorities from the Army. Navy, Aviation Society, Airplane Department of the Communications Ministry, as well as scholars from the Imperial University and wes- ther bureau experts, in addition to representatives from sirplane manu- facturing interests in Japan.

11

Flight Set for May.

At the meeting it was decided that the fight should be undertaken in May, 1998, when weather is ex- pected to be favourable. In case of

delay the fight is scheduled to be undertaken in June.. In any case the flight has to be undertaken by September otherwise the venture

year, may be postponed until another

The route of the flight will be from Tokyo to Seattle vid the Kurile Islands and Aloutian Islands the distaños to be covered being 8,000 kilangetres. Lieutenant- Commander Chazo Tonegawa, who

an Imperial

CHEERY

CRETONNES.

There is nothing so cheerful and friendly A CRITONyx decked room. You can bring sunshine into a dull room, or cool- ness and freshness into a hot ons simply by choosing your Cretonno" colours and

patterns 'well.

And if you buy from us there is such a

choice

the biggest and loveliest selection of Cretodnes ever seen in Hong Kong.

From our stock you can easily find just the "Biour" design and combination of colours for decorating any Room, in fact

you will want to "po up"! ALL your Rooms fresh when you see the Patterns.

tion Society, fold a correspondent PRICES ARE SO MODERATE

metres....

Gost will be Y.700,000, The flight is expected to cost Y.700,000, the aviation expert said. The Society has not sufficient money. to defray the expense, and so look to the public for contributions.

Addressing the

meeting, the CHAIRMAN said: The Report of the San Francisco vid Honolulu would that the route between Tokyo and Auditors is as follows:-"We re-be longer by more than 2,000 kilo- port that we have audited the above balance sheet with the books and vouchers of the Company and that in our opinien such balance sheet is properly drawn up so as to exhibit a true sad correct view of the state of the Company's affairs at June 30th, 1997, accord- ing to the best of our information and the explanations given to us and as shewn by the books of the the information and explanations we have required.

Wong Chi was garbed in the latest Oxford Bag and looked every inch a student from"America. These two young men became fast friends and on the Zungshan berthed here, the obliging Wong Chi said to Lau Fung, Now you wait on board and let me attend to your luggage. You do not know how to tackle these revenue searchers. They are a pest. I'll make them sit up and will return for you as soon as I get through, and then I will help you to look for suitable quarters and slow you the sights of the Cotany." support of the merchants upon only too pleased to allow his newly The simple and trusting Lan was

whom the credit of the state must made friend to have the "run of mainly depend. In Conversation the show." Wong went away with with Mr.

Roo Ying Fun, the the kit which contained 2610 while General said that the merchants attitude towards the luxury tax must not be ignored and u ciliatory problem was necessary.

We related on Saturday how the Chamber of Commerce appointed anor find Wong anywhere and with delegation to go into the affairs of tears in his eyes he told his troubles GAUMONT SHOWS KING FUAD Company. We have obtained all the Central Bank. The result of part of their investigations has been made public and it appears bank notes to the valuo $10,000,000 of notes had been order- ed from an American bank note printing company. Some of these have not yet been issued and a good deal has been transferred to other provinces. About 87,000,000 has been floated in Kwangtung, which 87,700,000 had been placed in re- Berve. This "General Chamber of Commerce is shortly holding a con- ference to consider ways and means of supporting the Central Bank and maintaining the value of its contes.

A later report from Canton

con-

of

to another man whose acquaintance he had also made on board the

and took him home for the night. ship. This man took pity on Lau

Next morning, Lau found his way to the Police Station and made his

report.

"PRESIDENT_McKINLEY.”

BENNO MOISEWITSCH ON

-BOARD..

MAYOR OF MANILA HERE.

The as President McKinley ar

America. Among the passengers on

AN AMERICAN, RAILWAY'S FILM

AND WIMBLEDON.

.:

[BY OUR FILM CRITIC}

LINSTEAD&DAVIS, Chartered Accounts, Auditos."

At the present stage of develop- mente no definite airplane manu- facturing company has been select- ed. There are five leading t panies which are turning out air- planes They are the Mitsubishi Internal Combustion Engine Com- pany, Aichi Clock and Electric Machinery Company, Nakajima I think that the balance sheet Airpiace Manufacturing Company, accounts as presented, taken in Kawanishi Machinery Company, remarks thereon Appearing, in the facting Company, one or two of conjunction with the amplifying and Ishikawajima Airplane, Mano- Directors Report, show compre-which will be chosen, to construct; the Company as on the 30th June, hensively the financial position of an airplane for the flight. 1927, and in these circumstances there is no need for me to enter into detailed explanation in cos nection therewith.

Airplane Manufacturing Company Representatives of the Nakajima and Ishikawajima Airplane Manu- facturing Company attended the meeting.

The interesting, scenery of the Ruckies and the restrained acting of H. B. Warner in the title rôle, are the best things in "Whispering Smith. It is a tale of banditry in the early days of American railways and there is a slight love story, but the real interest lies in the dual

The committee told them that the between the train wreckers and the It will no doubt, he gratifying

Aviation Society-has-little money forces of law and order, represent to shareholders to observe that for the fight, and that companies ed by Whispering Smith and the the Company has now turned the the airplane are required to tender undertaking the manufacture of District Superintendant, who is corner, and that after deducting their service for little profit, as it the debit balance of $32,260.83 would be a national affair. The Neither brought forward from the preced-

company representatives accepted

played by John Bowers.

riding and shooting and some excel-

Corner Turned.

rived in port yesterday from the situations nor the story are ing year, and making liberal ce- the proposal but reserved their de states that the General Chamber of Hagila, en route for the North and very clear, but there is plenty of preciation, the balance standing to faite reply until the heads of their

the credit of Profit and Loss firms are consulted. Account for the year under review - to $108,777.84, which amount, your Board recommends, should be allocated as follows: To Transfer to General

Reserve

Commerce is entirely satisfied with board are M, Benno Moiseiwitech.lently faked photographs of railway amounts

accidents.

on

From

8,777.81

The Machine. Detailed instructions for the manufacture of an airplane for the flight were given by the committee recently."

The plane has to be constructed to accommodate two aviators, and be capable of flying more than 8,000 kilometers without a

stop.

The plane must resist rain for long hours. The engine must last long and resist cold temperatures, and the machine shall be equipped with radio and other necessary apparatus.

the condition of the Bank. The

the famous pintist, whe was recent- conference, which was attended byly in Hong Kong, and has just

The Gaumont Graphic is "parti- representatives of the City's four completed a series of recitals in eularly interesting, showing among.

.....$100,000.00 Chambers of Commerce, of the Manila.

To carry forward to He is now going to other things the welcome accorded Financial Department of the local

New Account Shanghai.

to King Fuad on his reccat, visit and I trust that this allocation, Government and the Vice-President of the Bank's Board of Directors,

Other passengers on board, in- to London, and some of the tourna (which, for the purpose of elucida

tion, Eas been incorporated in the cluded:--

ment play at Wimbledon. It is passed a number of important re-

accounts) will meet with your Mr. P. Bradford, with Strut always delightful to solutions as follows:—.

sec these approval, ter & Berry Shipping Co., on busi, familiar English scenes the

a perusal of the Report, All shops in Canton should allixness trip to Hong Kong.

you will observe, that the sum of their chops to the Bank's notes, Mr. Joaquia M. Eliialde andreen, mere so now that they are $31,218.60 was retired from the accepting them at par value. Mr. Juan Miguel Elizalde, sugar much better photographed then Mortgage indebtedness of the Com. Special instructions were also

The four chambers should de planters of Manila, on trip to Hong in former years.

papy on the 30th April last. In given requiring maintenance of this connection, you will doubtless warmth in the aviator's sento, a life posit their funds with the Bank Kong.

recollect that when I addressed | ralt made of rubber clothes, and appointing a merchants" control committee to take charge of the

you from the Chair at the last food to last för a week. Banual general meeting at the Company, held on the 8th Novem- ber, 1926, 1 pointed out that a further sum of $50,000 would fall due for retirement on April 30th. 1028, and that the balance, then $500,000 would mature on the 30th outstanding and amounting to

April, 1930.

money.

Mr. L. R. Ildenfonso, with the American Express, Hong Kong,

Mr. Miguel Romualdez, Mayor

The merchants will undertake of Manila, on business trip to Hong

to raise $3,000,000 to be deposited | Kong.

ment.

I

#

THE WEEK'S PROGRAMMES.

Queen's.

ܐ܂

J

NECESSARY.

augurs well for the future of your undertaking, but also convincingly demonstrates that by reason of its central location and its high stan pany's main enterprise, Exchange dard of accommodation, your Com-

Building, will at all times command good rentals.

in the Bank. This is not a loan Mrs. Grace Arbogast, wife of To-day: "Whispering Smith." To to the Government, but it is Sales Manager of Universal Leaf morrow and Wednesday: A revival secured on the 24 per cent, surtax Tobacco Co. of Richmond Va., of Harold Lloyd's hilarious comedy and ten per cent interest on the way to Shanghai. money will be paid by the Govern-

Mr. C. W. Gordon, with Cana "For Heaven's Sake." Thursday dian-American Shipping Co., at The merchants are to issue a Vancouver B.C. disembarking at Hair Cut," Jackie Coogan's last j

to Saturday: "Johnnie. Get Your CAUTION STILL There being no further matters notification that the currency of Shanghai.

calling for particular comment, I the Bank is to be accepted at face

now beg to formally propose that value and no discount is to be Mr Benjamin Bush, with picture in the course of which be allowed on it by money changers. Kobe.

Eastman Kodak Co., on way to makes bis first appearance as We must, therefore, for the pre- the Report and Accounts for the 'grown up" boy. Jackie is a in order to meet the first of the 1927, as presented, be adopted and sent, conserve our cash resources Financial Year ending June 30th, INVASION MENACE PASSES? | —

general favourite and this film is above mentioned obligations. This I shall be much obliged if some

the others in which he has played. sure to be as attractive as any of factor, consequently, precludes your shareholder will kindly second such Board from recommending any disproposal, whereupon questions as tribution to shareholders at the to the Report and Accounts may be World,

moment. I would add, however, raised.

have been reduced to $500,000 your and seconded, shall be pleased that so soon as the Mortgage in The adoption of the Report and debtedness of the Company shall Accounts having been proposed Board will naturally be desirous of to endeavour to answer to the heat placing the Company on a dividend of my ability any questions which paying basis.

any shareholders may raise thereon. The Hon. MË. W. ́E. L. SHENTON Baldpate": Douglas Maclean in aa

seconded, and the report and ae. A number of agitators staged amusing comedy of the trials of a

counts were carried unanimously. Corps who are taking over the "welcome"- of their own for

Other Business, novelist. defence of the Kwangtung Kiangsi "General" Li" on Saturday, in the

I am pleased to be able to in- On the proposition of "Mr." border to the north-east are quite form of a general distribution of Today: "Hey! Hey! Cowboy." and the Bungalows on

form you that Exchange Building BAGRAM, seconded by Mr. CRAW capable of dealing with

R.BL FORD, the Hon, Sir Shou Bon Chow the seditious literature mainly denounc. An amusing western comedy star No. 200 at Repulse Bay are now and Mr. E. M. Daymond were re- zemnant of the " Redarmy whossing the General. Several men were ring Hoot Gibson Today and fully occupied, and although rentals elected as directors. defeat by General Chang Fat Kuei is cauht red-banded on the Band and Wednesday: "The Chechaheos," Ations, the fact that we have recent BOURNE, seconded, by Mr. MACK

are not entirely up to our expecta On the proposition of Mr. said according to latest reports to the police were ordered to conductatory of a great gold rush in Alaska. ly been compelled to turn away 212, Hesari. Linstead & Davis were -have-been-fairly decisive. Presum--a-thorough-search-all-over the city-Thursday to Saturday Wild Oats prospective tenants, more partienre appointed as Auditor, at a re

ably the Kiangai forces will deal with for those who had either instigated Lane," Viola Dana and Robert to date office premises, not only

"larly in respect of enquiries for up muneration of $500,

This was all the business of the (Continued on next column). ・・ or participated in this outbreak. Agnew in a story of a big city.

(Continued m. next Column;): meeting

Chaney in one of his most territy To-day: The Monster"; Lon ing roles. Tuesday and Wednesday: "Bustin through."Thursday to

There is not much news from the them General Ho Ying Chiep, the Kwangtung Northern border where Commander of the 1st Nationalist the not very formidable "Red" Army Corps, Eas telegraphed to invasion is being staged. General Canton suggesting that his brother, Fan Shek Shan's forces are to be General Ho Chie Wu, be kept at recalled south now that Haskow-Eastern Kwangtung It will be re Nanking co-operation has been armembered that the latter recently Saturday: "The Seven Keys to ranged The Canton authorities resigned..... consider that the ith and 7th Army

Star.

EXCHANGE BUILDING AND

"BUNGALOW OCCUPIED,

YOUR INSPECTION IS INVITED.

LANE, CRAWFORD, LTD.

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(Close)

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All Metal, Camera Shaped, Just the thing for Bathing and Picnic Parties.

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$25.00

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Anderson Music Co., Ld.

THE DEED IS DONE! SENTENCE HAS BEEN PASSED.

This set of ENCYCLOPÆDIA BRITANNICA,

10th ED., 35 VÖLS. ($350,00) MUST BE SOLD FOR

ONE HUNDRED DOLLARS -

($100.00) The Three Supplementary issued last year are obtainable from Loudon_at $10.00 & volume...

KELLY & WALSH

THE BOOKSHOP.

LTD

OHLTER BOAD," :