1933-01-18 — Page 12

GLEENS THEATRE INDIA'S BIG HOARD

TO-DAY ONLY At 2.30, 5.10, 7.15 & 9.20 p.m.

"You Have Had Your Last Affair!"

The talkie that has swept the country! Gay, Saucy, naughty, the film debat of the first stars of the stage!

ALFRED

LUNT CONTANNE

The

LYNN

IM

GUARDSM

by the courtesy

of the Thantre Quild Ane..

with

Roland YOUNG Zasa PITTS

In a pic- turization

of their -greatest etaga success.

TO-MORROW

Reaching Halfway to Heaven

and Halfway to Hell

OF GOLD

POWERFUL ALLY OF THE POUND

ANNUAL REPORT OF ROYAL MINT

HONG KONG DAILY PRESS," WEDNESDAY, JANUARY 18, 1933.

HONG KONG STOCK MARKET

YESTERDAY'S OFFICIAL'

· QUOTATIONS

There was A further shake-down in the speculative section to-day the issues chiefly affected being China Lights and Cementa, both of which were subjected to heavy pres sure. They wers dealt in, as to $14.90, and Lights, as low as

DEALINGS WITH MONEYLENDERS

R. G. Witchell In Bankruptcy

YESTERDAY'S PUBLIC EXAMINATION

The Chief Justice, Sir Joseph Kemp, sitting in Bankruptcy pro- goodings at the Supreme Court yes- tion closed of Mr. Robert George Witchell, a Government clerk, re siding at the Airlie Hotel. paid by the debtors was put back The question of instalments to be

YAUMATI GOVT. SCHOOL

Yesterday's Prize Giving

HEADMASTER'S COMMENDA- TION OF CORPORATE SPIRIT

TO-DAY'S WIRELESS BANKRUPTCY COURT

11

PROGRAMME.

BROADCAST. BY Z.B.W.

ON 355 METRES

MANY PETITIONS BEFORE

THE CHIEF JUSTICE

A number of cases came before the Chief Justice, Sir Joseph Kemp,”

to 11:30 am-Stock and ex- yesterday, sitting in Bankruptcy ...change.quotations, weather re Jurisdiction:-

port, etc...

11.30 am-Chinese recorded pro

gramme.

12.30 p.m-European programme of

Victor and H.M.V. records..

report.

1.13 p.m.-A relay of the Hong

Kong Hotel

Orchestra

by

STEGER & CO.

An, application for recission of

in respect of Messrs. Steger & Official Receiver, Mr. E. L. Agamiz, Company

(Special Air Mail Service)

LONDON, Dec, 20. sterling "in its struggle with the Coments as low as $101, and at terday, declared the public examina | prite-giving was held yesterday. 1 p.m.-Local time, and weather receiving order was made by the

A powerful ally of the pound frane and the dollar, says Sir corresponding rates forward, in Robert Johnsor, Deputy Master of

The rest of the market was quiet the Royal Mint, in his annual rely steady, except that Ewes and port, just issued, has been the. heavy export of gold from India Dairy Farms were firmor. The movement began immediately after Great Britain went off the Gold Standard on Sept. 21, 1031.

Sir Robert points out that by the. end of that year the amount of gold exported from Indin had reached -£25,000,000, gând that by the end of August last the figuro had risen to 201,000,000. There have been fur- ther heavy shipments since then and at the end of last month the total had increased to nearly £74,000,000,

As for many, yeara

remarks Sir Robert, British India has been known to be a veritable sink for gold, with accumulations variously estimmted at from £500,000,000 to £600,000,000 between 1873 and 1931 alone, the importance of this new outward movement and of the con acquent decrease in her unprofitable metallic hoards, is at onco signi- ficant and encouraging,"

In this Tower of Steel youthful

hearts

caught in the maelstrom

are

of Big Business and

silkon temptations ! ·

SKYSCRAPER

SOULS

Mazy Gold Mayez TURE

Directed by

Prodac

EDGAR SELWYN

from the novel, "Skyscraper"

by Faith Baldwin.

with

WARREN

and

WILLIAM

Large Gold Exports.

It means that since September, 1931, India has made available, for use an amount of gold approaching the average umount of new gold produced annually, which is about £90,000,000. At the same time; the exports have suade no serious in- rond into India's hoard of gold

ornaments.

<

both cases.

The women of India apparently still cling to their bracelets and bangles," says Sir Robert, and there is no sign of any considerable melting down of native jewellery." The importance of India's ex- port of £74,000,000 worth of gold may be judged from the fact that down to the end of last September, when Sir Robert signed his report, gold rush in England had yielded, it is estimated £7,000,000 in gold coin and about the same amount. from jewellery and scrap. Yet so widespread was the response to the rush that "the once-loved gold pieces remain ing in the hands of the public in this country must by now be few) indeed."

Maureen O'Sullivan Gregory Ratoff, Anita Page, Verree Teasdale,

the whole of the

+

The small influx of sovereigns that still continues comes from the poukots of oversen visitors, chiefly from the Union of South Africa, where gold is still in free circula

tion.

❖་

Sales.

Hotels (Old), $9.15/0). Realtics, .

Ewo "Cottons, Tis,14, Elnetrim, 876.

Buyers.

Hong Kong Henks, '$1,850. Douglases, 827.

Hotels (Old), 89.10. Hong Kong Lands, 8734. Realties, 874

Chinese Estates. $08. Ewo Cottons, Tis. 14. Hong Kong Trams, 821. Electrics, $875

Telephones (New), 990). Hong Kong Ropea, $11.35. Dairy Farms, $201. Govt. Louis, 21% Premium

Sellars.

Hong Kong Lands, 870. China Lights (Old), 816). Cements (Combined), $101 Wallace Harper, 80, China Sports, 85,

which the Saint appears being as rarely met with in circulation as the sovereign."

for further consideration,

In reply to the Official Receiver, Mr. E. LAgassiz, debtor said that ho was 24 years of age and was educated at the Central British School. On leaving school in 1925 he became office assistant with the American Milk Products" at a salary of $100. Ho had been in Guvern- ment service ever since. His pro- sont salary was £995 per annum, | plus a'lodging allowance,

Number of Goins. Struck. Not even the Royal Mint is in muna from the effects of the depres sion, and during the year under re- view, 1931, there was a falling off in the total number of pieces struck 156,000,000 as compared with 185,000,000 in 1830. The chief de- cling was under the head of foreign and colonial coinage. In 1930 this reached the record figure of 111,000,000, The number of foreign and Colonial pieces struck in 1931 was 85,000,000. Of these, 41,300,000 were struck for foreign Governments 21,750,000 for Roumania, 2,250,000 for Latvia and 17,300,000 for Irak During the present year orders for coinage have also been received from

Albania, Jugoslavia, Rou- mania, Latvia, and Guatemala.

Keeptag Coinage in Good Repair,

In previous reports Sir Robert Johnson referred to the bad dis

Wife's Liabilities.

In December, 1930, he went to Shanghai to be married. He bor rowed $400 from Mahan Singh for which ho signed for $800, for force to Shanghaj and marriage exponses. Prior to that date he had borrowed $150 to send to his fiancee in Shang- hai.

He returned to the Colony and in anticipation of his wife join ing him rented a house in Kowloon Tong at $100 a month. For furnish-

ings he borrowed 9160. His wife had incurred certain liabilities in Shanghai and stated that she could nos come down to Hong Kong until they wore settled. He borrowell another $700 of which he sent $600 to Shanghai and kept the other $100 for expenses. His wife came to the Colony in March and they lived together, in Kowloon Tong until about August, 1931. in Kowloon Tong were more than he could meet and his general scale of living was beyond his means. He moved then to a boarding house.

colouration of certain British coins struck some years ago in the binary alloy (500 silver 500 coppor). He now announces that during 1931 nearly £900,000 worth of this coinage was withdrawn from circulation and | replaced by the Royal Mint with new coins.

Sir Robert points out that the carrying out of this duty of keep- ing the coinage in good condition

Passing of the Sovereign, Sir Robert laments the passing of the sovereign, "which has now vanished oven from our trinket boxes," He adds: "Apart from the antisfying jingle in his packets is not a profitable operation for which made John Bull feel twice the Mint." In this connection it the man when he did it, the loss to is interesting to note that, although our coin sories of Pistrucci's St. the Royal Mint has shown a profit George and the Dragon' design, to in its working in only two years which public attention has recently sinde 1022, namely, in 1028 and been directed by the acquisition, at 1929, its total profits since its incep the British Museum, of the artist'stion in 1872 aggregate. £36,439,253, original wax model, is greatly to and its total losses only £1,040,726, be deplored on artistic grounds, leaving a net profit since 1872 of the issues of the crown picce on £34,498,527,

NEW YORK STOCK EXCHANGE

A.O.F.C. QUOTATIONS

[REUTER'S AMERICAN SERVICM.]

New York: January 16

Dow Jones Averages: High-3932. Low: Jan. 14

30 Industrials

20 Raila

20 Utilities"

40 Bonds.

89.76

41.30

38.11

82,28.

41.99 83.09

13.23 23.47

16.53 28.65

- 65,78 80.48

Jan. 16 Change 61.69 1.47 down 97.47 1.00 down. 97.81 .84 down 80.34.14 down

E. A. Pierce and do. Esport. The weakness suggest that active traders are tired of the long side and also disappointed with the lack of outside response to the constructive efforts of the market. The market closed heavy. We would withhold buying for the present.

Business Doné: 670,000 shares.

Norman Foster, George 452

Barbier, Jean ́·· Hersholt

T

AMERICAN ORIENTAL FINANCE

CORPORATION

A COMPLETE. SERVICE

A complete brokerage service

for New York: Blooks-in-

available at our local Agents

-1939 Drv. 3

Hian

Low PE SH

Jan. 14

31 3,00 Air Reduction

871

42

6.00 Allied Chemical & Dye

(87)

73%

29-

4.00 American Can

1371

71 9.00 American Tel.

89

44

5.00 American Tobacco

Tel.

1082

-188

Anaconda Copper Mining,

LASE, SALE

Jan. 16 B001 842 BE

631 €2 : 74

281

4.00 Auburn

614

43

201

2.00 Borden Company

241

Canadian Pacific

200

&

21

1.00 Chrysler Motors

661

31

4.00 Consolidated Gas of N.Y:

82

·93

07

4.00 Drugs, Ino, Jumispinn

12

391

2.00 Du Pont de Nemours ¿............

3.00 Eastman - Kodak”,

461

6% 6. Electric Bond & Share an

0.40 General Electric

-76

1942.00 General Foods .....

1.00 General Motors

108 1.00 Gilletto Safety.....

1.20 International Harvester

International Tel. & Tel,

-4.00 - Liggett de Myers «! B”

3.00 Loew's Inc:

10

66%

•13)

30%

Montgomery Ward

46

20%

-2,80 – National Biscuit -......

27.

167

2.00 Pacific Gas & Electrio

Pennsylvania Railway'

Radio Corpn.

Asia Lands Limited

Seara Roebuck

1.00 Standard Oil Co. of New

19

0730" Socony-'acuum. Corpa,

1.20 Union Carbide & Carbon

10.00 Union Pacifo

United States Ste Westinghouse E.

His expensen

Courtesy of the management, (During the intervals recorded mzie will be broadcast from the Studio).

Yaumati Government" School Mrs. G. P. de Martin, distributing the awards. Mr. G. P. de Martin was also present and the Head his at preciation of the help always Master, Mr. E. Misdell, expressed

extended by the Director of Educa tion, and concluded by wishing Mr. and Mrs. de Martin every hap-1.30 p.m.-Rugby Preas new niness in their well earned retire- selected London and New York ment.

sock quotations, etc. 2.10 p.m.-Close down. 3.30 to 7 p.m.-Chinesà programme, 8 to 0.20 p.m.-Children's concert.

Mr. Misdell read a vory satisfac tory report on the year's work; conduct had been good and there

very marked sense of corpor ate life and pride in upholding respect for the school."

Mr, Misdell said:-The school opened 370 times during the year. The maximum enrolment was. 299 with an average daily attendance of gea. When it is considered that inany boys come from distant parts of the New Territory, this may be regarded as satisfactory.

Conduct and Health.

The general conduct of the boys in school and playground has been excellent. There is a very markedl pride in upholding respect for the sense of corporate school life and

school.

With the exception of Bome malaria contracted by boys in the New Territory the general health of staff and boys has been extreme- ly good. A certain amount of eye trouble existe but the M.0.5. has opened a weekly clinic at the school on Thursday afternoons and any case of sickness receives atten

ion in its initial stages,

Examination Successes, The results in the annual ex- amination were extremely satisfào Since 1831. debtor has lived in

tory. That the standard through- several boarding houses paying out the school is high is shown by $250 tin ond place and $180 in an-

At present he was paying have done one or two years of other.

the fact that new boys who claim 176 for his wife and himself at the English study are entirely, unfit for Airlie Hotel. Mr. Witchell further

normally should -was obtaining said that he would have to pay her $100 a month separation from his wife and he and he would require $120 a month for his own expenses.

Extravagance. Debtor said that since leaving his house in Kowison: Tong he borrow further monies from Mahan Singh and Ararik Singh,

the classes they cintér

Games. their share in the games of the The majority of the boys take

school. During the year Basket Ball has been added, to the games played, initial instruction being given by Mr. Eo Sik Wai of the Y.M.C.A. to whom we are greatly. of your bankruptcy is that you in-shield and in volley ball our amall The Official Receiver. The reason indehted. We won the Ping Pong curred these debte to meet yours won the inter-schools open wife's debts and that you have league shield. The Annual Sports rather extravagant in living on a scale which was not justified?

took place on December 23. The whole school is indebted to Mr. Debtor: Not exactly that. My Sung who has most abiy takes salary is not big and hil the time care of the sports throughout the interest. I have been paying rather heavy year.

i

Mr. Agassiz, stated that the ap- plication was filed on the ground that the estate would not be fifteen petition certain developments had per cent. and since he had filed the taken place and a mooting has been arranged for Thursday, January 19. Mr. Agassiz naked for an ad journment until after that date, but pointed out that he was anxious 10.30 p.m.-European prato bring the matter inte Court as. gramme.

soon as possible.

to

7 p.m.-Selected London and New York stock quotations, etc. 7.15 to 7.30 p.m.-

Vocal Gems. "Ria Rita."

"My Maryland, Victor Light

Opera Co.-35610, "Follow Thru."

His Lordship fixed the applica tion for hearing on Tuesday, Janu- ary 24, at 10 a.m

FIRM OF MANY ALIASES.

"Hold Everything"-Victor Light | ruptcy of Chouk Ming Shan, aline

Opera Group.--35070.- 7.30 to a p.m.-

The Staff Thanked. I very much appreciate the happy But your house in Kowloon Tong was under the circumstances,

rather axpensive 3-It was, feeling and strong sense of duty which prevails throughout the ly expenses besides your board and opportunity of thanking the whole What would estimate your month-school and should like to take this lodging 1-About $30 a month

Staff. for their 'hearty co-operation That leaves you $140 a month'f— and especially Mr. He who ha

always been a great source" of strength."

Yes.

amount ?--Yes.

Are you prepared to pay that

Witness said his next increment would be in April and it would be £15.

Alleged Tale to a Money lender. Mr. M. A Bilva, for Mahan Singh, a creditor: When you ob- tained these loans didn't you get them on the representations that you wanted to put them into cer- tain property in Macao-Debtor: No.

Didn't you tell Mohan Singh that you wanted the money to set up a brewery in Macao?—I do not re- member that. Subs by

If Mahan Singh can prove that this money was got for this pur- pose, you have got the money, on mis-representation I told him it was for the expenses of my marriage in Shanghai. I have no brewery in Macao.

Answering another Indian money. lender' creditor, Witchell stated that the $500 was borrowed from him in respect of a small distillery, of his wife'e in Macao. The loan was for setting up the concern.

CONCERT AT HELENA MAY INSTITUTE

TRIUMPH FOR MR. AND MRS. BOWES-SMITH

|

From the Studio,

A piano and song recital by Mr. and Mrs. A. M. Bowen Smith,

41

1. Sonnta

Programme

Appassionata

In connection with the bank-

Chouk Tsoi, trading an Tin Wo Cheong Kee, otherwise known as A Young & Co., Mr. F. X- D'Almada, snr., for the petition. ping creditor, Fung Fook, compra- date of ss. Sui Tai, stated that (1st bankrupt was indebted to the peti Movement) (Beethoven).-Mr.ioning creditor in the sum of A. M. Bowes-Smith,

$1,016.60 under A deposit nutė 2. German Songa-(a) Allerace dated February 19, 191. Debtor Iên (All Souls Dzy),(R. estimated that assets in respect of Strauss); (b) Stundchen (Ser- book debta duo from Europeans *enade) (Brahms).-Mrs. A. M. for provisions supplied were 85,000. Bowes-Smith (accompanied by stock-in-trade 81,000, equity and Mr. Mardica Barton).

redemption in properties 88,000, 3. Barcarolle (Chopin).-Mr. A. 85,000, and 88,000, and doubtful

M. Bowes-Smith.

debts amounting to 830,000. Liabilities, totalled approximately $90,000.

8 p.m.-Local time and weather.

report.

We very much appreciate the kindness of Mrade Martin in honouring us, with her presence this morning and giving away the prizes. As this is the last prize. giving before Mr. de Martin re linquishes the control of our des tinies we should like to wish them both many happy years of well deserved retirement.

5.05 to 8.30 p.m.---

Prize giving. Following the Head Mastor's speech, Mrs. G. P. de Martin pre- sented the prizes and asked Mr. Miedell if he would grant the children a holiday. Mr. de Martin briefly thanked Mr. Misdell for his references to his wife and him- self, and told the scholars that he would not make a speech.

The Head Master announced amid loud applause that a holiday would be granted in the afternoon and this morning.

need the pen of the local press-man to supply evidence of the ovations accorded Mr. Bowes-Smith for his fine pianoforte solos. It is only necessary to state that he, in techni-

Dance Music. Fox Trot Home." Fox Trot-I Promise You."

Peter Van Steeden and his Orchestra. 22908.0

Mr. Agassiz opposed the grant of a receiving order on the ground that the ovidence. of assets was entirely unsatisfactory, being hear say.

CREDITORS CRITICISED

Fox Trok "Time on My Hands.” Fox Trot" You Didn't Know

the Music "Leo. Reisman and The wishes of the creditors are his Orchestra.-22839.

Ko extraordinary in this case" that Fox Trot- That's Why Darkies [ ́am applying to the Court for Wore Born."-Leo Reisman and directions," said Mr. Agassiz, when his Orchestra.

the application for adjudication Fox Trot Hiding in the Shain respect of the Su Shing Cherang

dows of the Moon."-Peter Koe. Van Steeden and his Orchis Mr. Agassiz stated that an offer tra.---22953,"

of 89,500 was received by the debtor in respect of his book debts but thia was refused by creditors. The (Macbook debts amounted to $3,300 and. about $600 had been collected and:

9.55 to 9.15 Best

que particularly, stands alone in

local musical circles, and that his renderings from Beethoven, Chopin, and Brahams, last evening wars. more than up to his usual excellent standard WOR

Orchestral, "To 4 Water Lily,"

Dowell).

"To & Wild Rose" (MacDowell

of the balance. Mr. Agassiz did not Stock) Chiengo Symphony expect inore than 8500 or 8000 In Orchestra.-11.

every respect the offer. was to credi- "Danse Blaye "* (Chubrier); tors advantage but they have, scen. "Marcha Joyeuss." (Chabrier: fit to oppose the acceptance.

Hinrichs).-Victor

Symphony Orchestra---36031. "Sakuntala Overture (Gold- mark).-Victor Symphony Or- chestra.--29335)

Programme

1. Piano Solo-Talse Triste

(Sibelius).-Profoor S. Mak

lozoff,

His Lordship said that the offer was desirable and directed that it should he recepted. He appointed the Official Receiver as Trustee, granted the adjudication order and closed the public examination,

THE TAI WAH CO.

Songs (1) Vision Fugitive A receiving order was granted in (from Herodiade ") (Masse the case of the Tai Wah Company. net); (b) Ay Ay Ay (Freire).- Mr. D. B., Evans representing the Mr. Li Chor Chi (Tenor) ac- | petitioning creditors, Messrs. Brad-- companied by Professor Bloy & Company made the applion- Maklezon.

3. Piano Solos (a) tion. Mr. R. A. Wadeson, repre

Valsesenting another party, was also în “ "Christmas Eve" (Rebikoff); Court for a similar application (b) Mazurica No. 10 (Seria against the same Company and, in- bine).-Prof. S. Makleroff. dicated to the Chief Justice that if Songs-(a) Cherubin (Massen receiving order was granted, in net); (b) Una Furtivo Lag- respect of Mr. Evans application, rima (from L'Elisir he would not proceed with bia own, d'Amore" (Puccini). Mr. Li application

Char Chi, accompanied by Mr. K. S. Morrison, Secretary Prof. 8. Makleroff. a [s] of Messrs. Bradley & Company,

5. Piano Solos (a) Lark (Glin- giving evidence said that the debtor ka); (b) Prelud in G Minor, firih had entered into four con- (Rachmaninoff), Prof. S tracts with Menara Bradley for the

Maklezoff..

19

to 10.30 p.m.

Andvariety.

v

Humorons Bong- Pass, Shoot,

Goal!"Gracie Fields (Come dienne)-B3795, 1990,

mirchase ⠀⠀ of goods aimounting to 86,277.14. The Tai Wah Company had not taken delivery of the goods which had since dropped twenty to twenty-five per cent. in values

made.

After further evidenos had been Organ Solo Love Lies," Regi- given, the roosiving order was

pald. Foort.-B27%. Free Trot If I have to Go on Without You Leo Reiminn, .... and his "Orchestra.—22798.

Rong-!' What is This Thing Called Love !---Frank - Luther (Tenor)-22330,

Song The Poor Apache,”

Megrice. Chevalier (Baritone)—–

Song- The Clockwork Court- Mr Boxes-Smith is also desery-shin."--Grate Fields (Come- ing of the highest praise for her delightful songs, and in choosing. among others, a cycle of German I compositions,, proved herself to be di tuuch at home in the rendering

If further evidence was necessary to establish the fact that Hong Kong can rightly be proud of Lay- sing: among its residents two extre,

mely talented artistes of the music of these as she was in the easier,

al world, the concert arranged and the writer imagines, English lyrics. given by Mr. and Mrs. Ar M, Bowes Of the ten songs, given perhaps Smith at the Helens May Institute Wiegenlied" (Lullaby) and "Nod" last evening "was a conclusivo do were the most enjoyed. An inter --monstration, ➡for the writer feels resting-comment-to-be-made-here-is-

thas never before, at least in Hong that the lätter delightful composi Kong, have either artiste been heard tion is the work of Mr. Templa

Bevan, now of Swatow,

to better advantage, but does is

The excellent, programme render he remembered for the acti ed consisted of pieces from all the terest he displayed in all things wer- better, known composers, and it was taining to music during his stay plassant, when scanning “this” proć ukázéssome. JAATE" END "gramme, before, the concert come. A word of praise, has also to be menced, to note that some of the meted

moderne, Warlock and Roger Quil; for

ter, had been included. It does not Mrs. Bo

Maurice

(Continued at font of next Column), accompaniments on the

diere)—B3795. Sarkar Orzan Bolo Just Like Darby and Joan"--Reginald Foort B2775.

Fox Tr Then You Pres Your Lips to Mine"-Teo. Reiman and his Orchestra. --

Bonus The Moon Visa Low.

Frank Luther (Tenor)-330)

24083

mid-day Press

records in the above ro nean, urogrami Vare supplied

PAREN

YOUR SAFEGUARD

EVANS