1931-11-17 — Page 8

NEW ADVERTISEMENTS

BY ORDER OF THE MORTGAGE2;

PUBLIC AUCTION

A VALUABLE LEASEHOLD

PROPERTY

Bituate at:

VICTORIA IN THE COLONY OF HONG KONG AND KNOWN AS SECTION. I AND THE REMAINING POR TION OF INLAND LOT-No. 591

I

TO DE BOLD

IN ONE LOT

by

PUBLIC AUCTION

on

TUESDAY,

TE 4TH NOVEMBER, 1981,

at. 3.p.m.

by

"Maesus, LAMMERT BROTHERS,

AUCTIONEERE

At THEIR AUCTION ROOMS,

Duddell Street,

Hong Kong.

For further particulars apply to:---

MESERE. BUSS & CO.,

BOLICITORS,

6, De VX ROAD CENTRAL.

or to

MISSE, LAMMERT BROS., -ÄUCTIONEERS,

4. DUDDELL STREET. Hong Kong, 17th Nov, 1991. [1472

THE RAUB AUSTRALIAN GOLD MINING CO., LTD. (INCORPORATEN IN QUEENSLAND). NOTICE OF DECLARATION OF SECOND INTERIM DIVIDEND.

EURESOL

The Hair Lotion

FOR MEN

Delightfully soothing

contains those

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MAY BE AD

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NOTICE IS HEREBY GIVEN A. S. WATSON & Co.,

BECOND INTERIM

DIVIDEND of TWO SHILLINGS per share on socount of the Snancial Fear ending 31st, MARCH, 1982, bas been declared by the Directors of the Company in Brisbane, payable to Shareholders the Bagisters

בס

по

at Brisbane and Singapore TUESDAY, 15TH DECEMBER 1981:

NOTICE IS ALSO.. HEREBY GIVEN the the SINGAPORE TRANSFER REGISTERS will be. ULOSED from TUESDAY, Bra DECEMBER to TUESDAY, 15TH DECEMBER, 1931 (Both Days inclusive) for the preparation of Dividend Warrants,

By Order of the Board,

DERRICK & CO., Chartered Accountants,

Local Secretaries. Hong Kong Bank Chambers, SINGAPORE, 7th Nov., 1981.

11467

THE HONG KONG JOCKEY CLUB.

NOTICE.

THE HALF YEARLY GENERAL 1. MEETING of Voting Members will be held at the CLUB HOUSE,

HAPPY VALLEY, on MONDAY, 2930

NOVEMBER, 1931, at 6.30 p.m..

All members are cordially invited to attend, and participate in any discussion which may 1810.

By Order of the Stewards,

CB. BROWN,

Becretary Hong Kong, 18th Nov., 1951.

17

0

[1460

THE HONG KONG JOCKEY CLUB.

BAFT

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DENTRY FORMS for the TWELF

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to be held on SATURDAY, 28TH NOV EMBER, 1931 Weather Permitting), be obtained све. Нася Сопиви, HONG KONG CLUB, CAUSEWAY BAY STABLES and the 8zCITAPY'S OFFICE

ENTRIES LOSE at 15 O'CLOCK NOON, THURSDAY, 19ru No. VEMBER, 1031.

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CREDIT FONCIER D'EXTREME. ORIENT. MORTGADE BARK AND ESTATE AGENTE.

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For reliable information abou.

the whole of the Far East use the

HONG KONG DAILY PRESS, TUESDAY, NOVEMBER

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HONGKONG BANK' BUILDING

SUPREME TONIC RESTORATIVE

ALE }

ANNOUNCEMENT.“ The marriage between JAMES" MC- LELLAN WALKER and HELEN AUDREY WEIR will take place at the Peak Church at 3 p.m. on Wednesday, November 18, 1831. The reception will be hold at the Matilda Hospital after the ceremony. 1471"

13

Editorial and Business Offices: 11

Lee House Straat. Tel. HORSE, Night Editor (Wanobai Office):

Tel. 94811... London Office: 3 Fleet Streety

EO. 4

The

Daily

ress.

HONG KONG, NOVEMBER 17, 1883.

THE CURRENCY COMMIS

SION'S ADVICE."

The Currency Commission report will do little more for the average citizen than set at rest any suspicion. that he had lost half the value of his property and income owing to some skilful manœuvre on the part of the bankera. Stabilisation, at least for a very long time to eome, is uncompromisingly" reject- ed, though a suggestion is made that a sterling find be started so that if gold standard became

DIRECTORY & CHRONICLE nocnary the change could be

**

CHINA, JAPAN, "COREA, INDO. CHINA, SIAM, STRAITS SETTLEMENTS, MALAY STATES, NETHERLANDS INDIA, BORNEO, THE PHILIPPINES, Etc.

This Large Volume of approximate ly 1,200 Pages gives, in addition to the Usual Lists of Firms, an Alphabetical Lists of Residents. in the Far East containing the Names of nearly

20,000 FOREIGNERS. Arranged, with the initials as well as Surnames in strict alphabe- tical ordar.

CLASSIFIED LIST

OT

MERCHANTS,

AND

MANUFACTURERS

or the whole of the Far East- arranged, with addresses

in alphabetical order. Alphabetical lists of Cable

Addressés.

List of Agencies held by

Far Eastern firms.

LARGE EDITION SMALL EDITION

$18

$8

BONGKONG DAILY PRESS, Ltd.,

Ice House Street,

Rong Long

effected with a minimum of expense and trouble,

While it is admitted that "from the point of view of the Govern- ment and of some persona 'not en- gaged in trade it seems that there would be certain distinct advan tages to be gained from stabiliza tion, on gold, basis would be of serious and direct dis-

it

advantage to the business of long Kong and to large sactions of the community. Consequently in the general interests of the Colony wo recommend that in the present circumstances Hong Kong should remain on a silver basis. The following are the Commission'a ideas on the effects. of stabilization on Hong Kong as a financial and trading centre:-

In relation to imports into. South Chinn, the onus of cover- ing the heavy gold-silver, exi change risks involved would be transferred from the importing

In the trade between North and South China passing, through Hong Kong na a'contre the tro axobange transactions from allvan into gold and from gold back to silver instead of the present double exchange in silver curren-

17, 1931.

News and Views*

cies would be a great hindrance Tale of the Day. to this important busines,

now,!!

considered he had put some of his

"""Why don't you go to your cot best work. So he was counting.on. In relation to the remittance age at week-endrt”

getting a good price for it from "business, much of Hong Kong's attraction as a centre for receiv“We can't- it cost us so much we the incoming tenant, quite a rich ing remittances from Chinese re haven't the money for, our faresman... si donts overeens would disappear.. The present oney flow of capital between Hong Kong and South China which is instrumental in financing primary production and small trades and industries in The Dentist's Dilemma, South China would be seriously For most people, any excuse for impeded.

The export trade from South putting off a visit to the dentist is China would have to face an unwelcome, but it must. be unique for coverable time-risk in the gold dentists clients to have the excuse „silver" exchango, te

of a shortage of gold, from which Paris dentists are suffering of the present moment. »

D

The general tenor of the con clusions set out above in our Popinion, gives substance to the argument that Hong Kong is economically part of China and There is glorious irony in the must remain on a silver, standard thought, that while France holds a Kung gas China does. If Hong large proportion of the gold of the

currency ceased to be on a silver basis, South China would world, her dentists should exper. be deprived of the only convenientience difficulty in getting enough for aurrency medium in which it the humble fillings in the teeth could conduct business on a large

saale either internally or with her subjects. foreign countries.

The Commission is not; however,

In England they may be off the

by any means satisfied with the gold standard, but they can still present. position. After pointing get their stoppings.

out the extent to which the Hong Kong and Shanghai Bank notes: airculate throughout South China: owing to the demand for stable cur- renes, the Commissioners add:---

Russian Olympiad.

A

However, the tenant in question, on a tour of inspection, gave the frieze one glance and said, "It in understood, of course, that all that is cleaned away at your expones!!!

Sultan and the Poor.

It is said that the Sultan of Johore has given instructions that during the prevailing depression in the rubber industry all school child ren in the State of Jobore shall be provided with one good men) a day at the expense of the State,

While the industry was flourish ing the parents of these children were able to give them from 1 to 10 conta daily for the purpose of buy ing food.

Under the present conditions they cannot do so. The Sultan is there for's issuing instructions for suffi- sient swampy land adjoining the native campongs to be granted the villagers by the State, free of cost, for the planting and cultivation of foodstuffs.

The Marriage Racket.

It should be recognised that the In spite of their frequent sncers Hong Kong and Shanghai Bank as the Englishman's love of foot has, except for a brief period ball, the Bolshevists have now de some two years ago, always. per- formed the valuable service, as the cided to hold a world Olympiad in chief note issuing bank of the 1933 to celebrate the completion of Colony, of providing the public- with an adequate amount of cur- the Five Years Plane rency. But, the fact that in that It is true that this festival is to brief period, owing to the bank's unwillingness to expand its cur. be called, not an Olympiad, bus a Teney commensurately with the Spartakiad. Presumably, too, only amount of deposite pouring from Communists will be eligible as comfed that they intimidated girls into abroad into the Colony, the Hong

petitors.. Kong dollar rose to about 30 per

cent. above silver parity, showa The ides, however, has so far clearly the faultiness of the pre-taken root that the Bolshevists have sent system.

Football will be included in the

programme of events.

The iden in the minds of the bugun the orection of a vast, new Commission is, perhaps, that the stadium capable of holding 120,000 hunks of Hong Kong have a great people. opportunity to provide currency for use not only in the Colony but to a larger extent than at present in South China. They are evidently. of opinion that this opportunity should be seized by the issuing Banks acting in co-operation. The idea is pushed forward, and Gov- Unappreciated. ernment help solicited in the One of England's best-known following passagedu pie

In order to relieve the note-artists, a regular exhibitor at the issuing banks of the liability to Royal Academy, tells a good stery receive and store an unlimited against himself... quantity of silver bullion, we re- commend further

Not long ago he left his London that the Government should take house in order to live permanent charge of all the silver coinly in the country. The drawing- and bullion at present held.

against the note issues, accept room he had decorated with a scrt for such amounts as the three of panoramie Trieze, into which he hanks concerned may require for current business, and give to the books in lieu thereóti voucher's undertaking to de- liver silver on demand on the banks certifying that notes for an equivalent amount have been or are about to be withdrawn: and

that silver which in future may

The genial bandits of the Sicilian Mada appear to have invented a "racket" which even their amiable cousins in the Chicago underworld have never thought of. It is alleg breaking off engagements with the men they love and into marrying unwanted apitors who, presumably, oil the palms of the bandits.

It is understood that the Ameri can gangsters are most favourably. impressed with this invention and are sending representatives to Siçi to negotiate for the American rights of the patent of "' racket."

this

CORRESPONDENCE.

{All letters intended for publi". „TAILOR MUTLU accompanied by the name and address of the writer, not for publication, unteu so desired; but an evidence of good faith. -Ep 1

TONG Enko

our

ro THE ROTOR OF THÌ

DAILY PRESS."*1 FOR OUR DUMB FRIENDS.

Sin-On behalf of the Society for Prevention of Cruelty to Animals, I have to thank all thos who have contributed to Annual Financial Drive. The result has been very gratifying consider ing the depressed conditions which exist and, while we are very much. short of previous yours contribu tions, the support is oncouraging to those who, take an active part in this work. To any who may have been over-looked by our col- lectors, and who feed disposed to contribute to our funds will you please send on your donation, how- ever small to our Hon. Secretary

Mr. W. Maunder, e/o Thomson & Co., York Building. I would like to state that the membership sub- scription is two dollars per year, on this sum being sent to our Secretary, book of rules and badge will be forwarded. Those desiring to become life members of the Society san do so by contribu- ing the sum of $50. It may appear to members that, with these fees, the necessity for financial drive is uncalled for, but I would like to point out that the amount derived from members subscriptions is in- adequate to maintain all our ao- tivities and keep two inspectors. Therefore, we are greatly indebted to those who assist us in contribut ing annually to our drive, and also to those ladies who give of their time to collect from the various concernano light task. I am sura you will agrea I have also to thank the Press for their valuable assist- ance in publishing donations, and trust that in the future, as in the past the Society will have the sup port of all animal lovers,

Thanking you for your favour. RUSSELL, Yours, etc.,

Hon. Prezident. Hong Kong, November 10, 1931.

MURDER BY PERSON UNKNOWN."

GRIM DISCOVERY BY AIRDRAFTSMAN

Mr. JA Fraser sat as Coroner

Dr. K.H. Uttley of the Kowloon Mortuary gave medical evidence during the course of which he said the body was very badly cut about,

on it

when an inquiry was held into the no less than 25 wounds being found at Kowloca Magistracy yesterday It was also stated that the motive circumstances surrounding the death could not have been robbery as the of an unknown Chinese womer jewellery worn by the deceased was found untouched.

After further evidence had been taken a verdict of "Murder by per son or persons unknown turned.

whose body was found lying in a path near the hillside in Kowloon City by Aircraftsman Collins of the

was re last."

R.A.F. on Saturday, September 17, (Continued on previous Column.).

Local Notes and Events

Ons case of diphtheris and one

be tendered for exchange into of puerperal fever were reported

notes should be received by on Sunday. the Government (not the note-issuing bank), the ten-

At today's Rotary Club tiffin, derer to be entitled to receive notes of which bank he may the speaker, Rev. P. Bruce Thorn prefer, provided that the too, D.D. (Winnipeg), will give an bank's issue has not reached address on "The Canadian West," its maximum limit."

A particularly heartless thief on Saturday night stole $10 and a pair of gold-mounted rattan bang Ice valued at. 830 from an old wo- man while she was sleeping on the pavement in Square Street.

Two women were charged before i

from the files.

Looking Back 25 Tests.

V

the Marine Magistrate yesterday Sergeant Gidley and Gunner A.E. with boarding the Dutch steamer Sheffield have been permitted to re. Tjisaroes without the permission sign from the Volunteers on leav of the master. They were said to ing the Colony." be of ill-repute, and each was fined

We are baked by the Colonial Secretary's Office to state that all copies of the Currency Commis siou's Report have been sold. $50.

This, of course, fixes an obligation en an issuing bank to supply notes up to its maximum limit.

While it is recognised that the Government could take over the

The first of the series of shoots issue of a local currency, it is hoped that this will only be done have arranged to celebrate their 1 $18,000 was left by Louie (or Lui)

Sir Robert and Lady Ho Tung

Estate in Hong Kong worth arranged by the Left Half No. 2. Company, H.K.V.D.C., will take if the banks refuse to co-operate in gulden wedding, on Wednesday, Sum Ting, retired Californian mer originally fixed for Sept. 23, but. place On November 18. It was the task:

December 2, by a reception at the chant, who died at 21, Lower Lascar did not take place owing to the We should recommend the first peninsula Hotel. Alternative

Row, last June, leaving a will ap typhoon. (Re, Government.

Ching issue) only if the banks refused

pointing his son, Louie Ip Furk, the master of a trading that co-operation. As we have said above, the banknots is the junk, was fined 825 at the Marine Chuen, as the executor. Testator Court yesterday before Commar, directs that his catate shall be de feet currency of the Colony Hole, for leaving the Harbour with divided into nine parts, eight of and of a great part of Southout a clearance from the Harbour which shall go to his eight sons, Chila, and any step which might Master

the remaining part to he applied to meet all requirements of the" com impair the prestige of that note should be avoided. Rather would!

mon concern."!:

Mr. C. M. E. Fereira was able

we recommend that its prestige to leave, Kowloon Hospital on Sun

should be increased by making it day after being a patient there for New Kowloon Inland Lot No.:

A small fire occurred on Mesra." Butterfield and Bwire's reclamation

at Blackhead's Point, Tsimshatsui, on Wednesday night. An Indian's matshed lighted in the owner's ab- sence, but the police soon quelied the outbreak Hong Kong Daily Press, Nov. 17, 1900,

the sole unlimited legal tender, in over a week following an accident 1801, which was offered for sale at Looking Back 50 Years. the Colony and limiting the legal in Nathan Road when he was seri- the P.W.D. yesterday aroused con

tender status of the dollar coin. ously injured on being thrown from siderable interest and fell under The late feverish agitation in the merchant in Hong Kong, who has The hint is also given that the His rieksha, which collided with a the hammer at almost double the property market. in this Colony 18.

ample facilition for doing this, to the dealer in South China, who

owing to its imperfectly develop

powers now yested in the Chief Manager of the Hong Kong und Shanghai Bank are unfair to the

pamount naked for. Bidding started now producing the result which at $30,600, and by bid of $100 and cooler and more calculating heada

ad currency system would, with holder of that office, especially as the Police authorities for the reto $60,000 before it was knocked foreseen from the commencement... a gold in being cogerly inquired for no means for the purpose. On the other hand, while bulk indent Colony as a whole might conceive the property of Mrs, G. M. Chun Nam Street. The Innd is at the on all sides, twelve per cent on good business and depot business (inably clash. Presumably they con Ham, of 67, Tunglowan Road. Mrs. junction of Tai Po Road and Pen security being a not uncommon rate sider that these powers should be Chun Ham states that she left it Ho Street, and has an area of of interest, and on second mortgage. 'cluding retail trade in Hong vested in a committes of the issuing on a seat beside her while attend-about 18,400 sq feet with an we have heard of as much as fifteen

Kongy would to some extent be bank maangers, perhaps presided ingo performance at the Centra annual rental of $338.. facilitated, the wholesale trade would lose its present facilities ver by a Government representa Theatre on the 8th instant.

A reward of $50 is offered through 3500 the price was eventually raised than those of the land jobbers had

t tive, the ad

for covering the goldsilver ex- change risk and would not be The banks arc, in fact, reminded At Kowloon Magistracy yester

and even oighteen per cent, being paid for periods ranging from six months to a year. The rental of properties on security of which these.

able to find a substitute. The that Hong Kong has outgrown the day A Chinese who was found sleep be deemed who purchases what ha heavy rates of interest are being trend of the argument in this old days, when it had virtually one ing in the cook's quarters of the cannot pay for on the somewhat paid does not in many casos show section depends upon the relative banker. There are three issuing Kowloon Fire Station when a slender chance of being able to rea return of more than five per cent. importance of these different banks and they no naked to share search was made following a rob- sell at a profit to another. Many on the purchase money. When por kinds of busines, and # all the the task of supplying and control her at the Station on Saturday of the unfortunates have, it is to sons, borrow money at fifteen per evidenso goes to show that the ling currency more evenly among last, was brought before the Magis be feared, been defaded by the spect sent to purchase property which wholesale imparting business into themselves, and, perhaps to provido trate for trespassing. After evious representations of interested only yields them Aye, nothing bat South China is one of the main- increased facilities for the further dence had been taken the prossou partios, but some of them specilat disaster or ruin, the fruit of their stays of Hong Kong's prosperity ing of the great process of tion was satisfied that the man had od wildly with their eyes open, and own reckless impradence, can re we have no hesitation in deciding, modernisation which is gaining in-nothing to do with the reory, and such persons have no claim on com alt; and fow will be found to pity that on this count the argument petus in South China generally and he was bound over in the sum of passion-Hong Kong Daily Press, or sympathise with the unsucces

Nov. 17, 188

ful gambler for gambler he mast 225 is strongly against stabilization. particularly around Canton...