1933-03-16 — Page 14

12.

LAMMERTS AUCTIONS

PUBLIC AUCTION,

THE

HE Undersigned have received

Instruations

',

TO SELL DY

PUBLIC AUCTION

ON

WEDNESDAY,

MARCH 22, 1933

Commencing at 10,30 A.M.

Ar No, DA, NATHAN ROAD, KOWLOON.

"

A QUANTITY OF VALUABLE HOUSEHOLD

FURNITURE,

ON VIEW FROM 21er MAROH, 1983.

PUBLIC AUCTION

HE Undersigned have received

Instructions

THE

TO SELL DY. -

PUBLIC AUCTION

ON

SATURDAY, MAR. 18, 1933

Ar 12 O'CLOCK NOON

AT THE SALES ROOM, DUDDELL STREET

FIVE BLACK SPANIEL PUPPIES.

ON VIEW FROM DAY OF SALE.

TERMS CASH ON DELIVERY.

LAMMERT BROS.,

AUCTIONEERS,

PUBLIC AUCTION

TERMS:-A OUSTOMARY.

LAMMERT BROS..

AUCTIONEERS.

THE

„PUBLIC AUCTION.

THE

Undersigned bare received Instructions

TO SELL AT

PUBLIC AUCTION

ON

WEDNESDAY,

MARCH 22, 1933

COMMENDING AT 2.30 P.M.

AT No. 8, BRANKSOME TOWERS, MAY BOAD, A QUANTITY OF VALUABLE HOUSEHOLD

FURNITURE.

ON VIEW FROM TUESDAY, THE 21ST MARCH, 1933.

い

TERMS:-CASH ON DELIYET.

LAMMERT BROS.

AUCTIONEERS.

AMERICAN ORIENTAL FINANCE

CORPORATION

A COMPLETE

SERVICE

A complete brokerage service for New York Stooks is available at our local Agente:-

Asia Lands, Limited

Gloucester Building.

Daily Quotations sent-gratis →upon request.

SHIPBUILDERS, SHIP REPAIRERS, BOILER MAKERS,

FORGE MASTERS,

OXY-ACETYLENE AND ELECTRIC WELDERS,

MECHANICAL AND

· ELECTRICAL

ENGINEERS

HỒNG KONG DAILY PRESS, THURSDAY, MARCH 16, 1933.

HONG KONG UNIVER

COMES TO 'AGE'

Sir Hormusjce Mody, Mr. Ng Li Hing, Messrs. John Swire and Sons, The China Association, H. E." Chan, Jen Chung, Viceroy of Can- ton, Sir Kai Ho Kai, Mr. Ho Fook, (Continued from Page 7.) Mr. Chan Kai Ming, Mr. Ho Kani Tong, Sir Robert Ho Tung, Sir EDWARD P."

Paul Chater, Mr. Kwok Siu Lau, WE HAVE ALSO RECEIVED Mr. Chan Wing and Mr. Lai Wing Chee of Kuala Lumpur, Mr. Fung THE

FOLLOWING

TELE-Ping Shan, Mr. Tang Chi Ngong, GRAM FROM LORD' LUC The Rockefeller Foundation.

ARD:-

Heartiest good wishes continu ed success. Lugard."

I do not propose to dwell on the history of this University: it is adequately dalt with in the in- teresting Souvenir prepared by the Vice-Chancellor, the entire cost of which, I may say, has been goner ously defrayed by Mr. Tang Shiu

Kin.

Recently we have had valuable assistance from certain British firms, who have taken in some of the University's engineering gradu ates as student apprentices. These dema

Bro the British Thomson Houston Co., Ltd., the Metropolitan Vickers Electrical Export, Com pany, Mesers, Norris, Henty and Gardners, and Mesars Crossley Brothers, Ltd. The Dorman Long Associates (China), Ltd., have also This institution was incorporat-expressed their readiness to secure ed under a local Ordinance in 1911. such graduates as apprentices. The and

opened was

1912 University is also indebted to twenty-one years ago. At the out- Mesars. Alfred Holt and Co., and set it met with substantial sympa Mosers. John Swire and Sons, Ltd, thy from China. Generous sub-who have given certain number scriptions were received from the of free passages to graduates going then Viceroy of Canton, the Gov to England to such posts. ernment of China, and various Chinese communities in China and elsewhere.

in

be started unless there is definità provision for the fatura ecst.

un

Money and

MARKET

YESTERDAY'S OFFICIAL

QUOTATIONS

In regard to à Department of Law, this was urged only recently by Mr. Justice Feotham, and the Inns of Court and various people. at Home have shown themselves in great sympathy with such a pHONG KONG STOCK posal; but no morey bas yet been forthosming to enable us to dertake such a project. It can scarcely be denied that such a do- partment would be of immense value to Chian, where the legal methods and procedure of the West are gain- ing ground. Before we establish a Department of Law it will have to be decided whether we should sim at giving a qualification which would be accepted, professionally in China or confins ourselves to the theoretical study of law. Movers Laboratory, and a now The construction of a new Prime Hydraulics Laboratory is an urgent necessity. It is estimated that each building would cost about a lakh of dollars, apart from the expanse of moving the machines. The total coat would probably be about $950,000.

Moro should be done to add to I realise that times are bad, but the athletic and other facilities on. a considerable amount of capital joyed by the students. The Vice- has come into the Colony during Chancellor once stated to me that Lord Lugard's Services. the past few years, largely owing such success as the University has Beccured during the period that he to the stability and security, en- Lord Lugard, who may be

has been here has been very large- garded as the founder, was one ofjoyed here, and I feel that I am the most notable of the Governors fully justified in expressing a hopely due to the good senso, good be- of this Colony man of long vision that if only as a mark of grati-haviour and general reasonableness HE Undersigned have received and a fine grasp of essentials. He tude for benefits obtained, a sub of the students, and I think there- saw the value of promoting a still stantial part of this capital will fore that they fully deserve that be invested in the University. I more amenities should be provided better understanding and friendship between the British and the Chia-feel sure that such investment will for them. I should be glad if esc, and in the establishment of give a valuable return, not only in among other things a good gymnR- this University envisaged the at- developing happy relations between sium could be built and equipped tainment of that aim. I think that the Colony and China, but also in for their recreation. considerable success in that diree advancing the prestige and pros-

perity of the Colony. tion has been achieved

instructions.

TO SELL BY

PUBLIC AUCTION

אם.

MONDAY, MAR. 20, 1933

COMMENCING AT 2.30 PM.

AT THEIR SALES ROOM,

DUDDELL STREET.

A QUANTITY OF VALUABLE HOUSEHOLD

FURNITURE ··

Comprising:--

Teak Hatstands, Chesterfield Conches and Armchairs, Teak Dressing Tables, Teak Wardrobe with Bevelled Mirror Doors, Teak Chest of Drawers, Sideboards, Office Desks, Chairs, ete.

Teak and Brass Bedsteads, Curis Cabinets, Card. Tables, Pictures Curtains Carpets, Rugs, Crockery, Glass Ware, Cutlery, Tea Sets, Glasses, Dinner Crockery, ote., etc.

Gramophones, Records, Cabia Trunks, Vases, Breas Ornament, Took Tea Poys, Screens, Deck Chaira, Table Lamps, Filter, Baby Pram., Baby Cot; Gas Stove, Ice Chests, Electric Table Fans, Linen, Lamp Shades, Mosquito Nets, etc,,

etc.

also

A Quantity of Blackwood Ware

and

In his inaugural speech on the occasion of the opening of the Hong for Kong College of Medicine Chinese on October 1, 1987, Sir Patrick Manson said, "I do not suppose the sceptre of commerce will ever pass from Hong Kong, but her importance and her glory will be greatly. onhanced when she becomes the centre for science and letters." Lord Lugard himselt never hesitated to proclaim that upon the Colony of Hong Kong devolved the duty of upholding the name and fame of the British in the Far East,

the Before setting out

most urgent needs of the University, I should like to refer to the question of the teaching of the Chinese lan-

The Vice guage and literature. Chancellor in his Souvenir has dealt at some length with this question, so I will not take up much of your time with it. When I first came here this question was already be ginning to be acute, and caused my- salf and the Vice-Chancellor in particular, a considerable amount We clearly of anxious thought. realised that not only was adequate facility for the study of Chinese language and literature desirable in the University, but it was a statutory obligation: Briefly it was decided that the School of Chinese Studies did not fulfil the hopes that were centred in it. There was

forthcoming

In having achieved as much as been achieved, the University owes much to the present Vice-Chancel- lor, Sir William Hornell, and to who the professors and lecturera have loyally carried out their duties in spite of a certain measure and of disappointment. Help sympathy have been from certain quarters in England, and I should especially like to record our thanks to Professor G. Elliot-Smith, Professor of An- atomy, University College, London, for his readiness to assist us in sending" out competent lecturers The Colonial Office Educational Committee now takes a real in- terest in the affairs of the Univer sity, and is of considerable nasi. stance. The Imperial College of Science and Technology and the School of Architecture at Liverpool have also been most helpful;

in

Trading remained restricted this morning, but business of a general nature was transacted in a small

way at current rates.

A slightly better undertone was tels, and in the investment section, evident in Ching Lights and Ho- Star Ferries, Telephones and Elec tries were. in fair demand.

Sales,

Hong Kong Banks 81,653 Providents (Old) M4 Hotels (Old) $7.70. Hotels (New) 87) Hong Kong Lands $53 China Lights (New) 89.30 Hong Kong Electrics 875 Telephones (New) 827) Crments (Combined) 87.70

Buyers,

Hong Kong' Banks $1,658 Canton Insurance 81,350 Hong Kong Steamboats 392 Benguet Explorations 20 cents. Docks $18

Providents (New) 81.40 Hotela (Old) 87) Hotels (New) 27.30 Chinese Estates 805 Ewo Cottons Tls. 13.30 Hong Kong Tramy 821). Star Forries $80

Chun Lights (Old) 811.65 China Lights (New) 801 Hong Kong Electrics 874 Cernenter (Combined) 87 Dairy Farms -827

B. Ind. G8 Bonds_043% Govt. Loans 41% Prem.

Sellara.

Raub: $101 Providenta (Old). 34,10 Shanghai Dooks. Tis. 951 Shanghai Cottana Tls. Co Malabon SugaTE $16 Watsons $11

United Theatres Ts. 5.

LONDON STOCK EXCHANGE

(BRITISH WIRELESS JERVICE.)

The conduct of affairs and the general administration of this. Co- Tony. based as they are to a large extent an Western models and those of our great Colonial Empire, can- not I think but be of interest to our great neighbour, China, and no doubt that it did not sufficient-fact, the general attitude towards the University among the most pro- in this picture our University loomaly meet modern needs, and it was large. That it commands consider abolished at the unanimous sugges-gressive University roen in Eng- able interest and appreciation in tion of a very representative com- land has been most encouraging. China is evidenced by the number mitten. It has been decided to in- of students who come to it from clude the study of the Chinese lan- Funds Necessary for Development, Paris that country. Of the 385 students guage and literature in the Uni- now in the University, 82 per cent. veraity curriculum, making it an are Chinese, many of whom belong of course to this Colony. We have students from practically every province in China. We want more of them, however, for that is ons of the objects for which the in- stitution was founded.

1

Great Evolution in China. I used to accept kipling's dictum, "East is East and West in West, and never the twain shall meet." But the world has undergone great charges, and I find myself now an I Cottage Piano by S. Moutrie & able to subscribe to that view. East

Co., Ltd.

1 Pianola by STECK

ON VIEW VION SATURDAY,'

THE 18TH MARCH, 1983.

TERMS:-Cash on DeliveŻY.

LAMMERT BROS.,

AUCTIONEERS.

-DRY DOCK-

Length 787 Feet Length on Blocks 750 Feet.

& ENGINEERING COMPANY

* OF HONG KONG, LIMITED.

THE TAIKOO DOCKYARD &

SALVAGE TUG "TAIKOO

Wazu Cha VF.G.N, 600, METERS.

Depth on Centre.or

SHI (B.W.0.S.T.) 34 ft. 6 ins

THREE SLIPWAYS.-,,

Capable of Handling Ships-Up

Tons Displacement.

Blectric Crane at Sen Wall," Capable of Lifting 100 Tons at 70 Feet Radius

to 4.000

BUTTERFIELD & SWIRE, Agents,

HONG KONG, CHINA & JAPAN.

optional subject in the Arts course, and it is proposed to give further facilities for advanced work in this subject to those who may wish to proceed with it. A sum of $200,000 was subscribed by Chinese towards the School, but certain leading Chinesa, who could rightly be re garded as representative of the sub- seribers, agreed that this sum should be allocated to the cost of teaching Chinese as part of the Arts course. This sum however does not produce enough income to pay for the whole annual cost of the Department, and therefore an annual sum of $15,000 has been set apart from University funds to cover the required balance. of the University-I consider that To deal with the urgent needs

lishment of a Department of Pub the greatest need to-day is the estab le Health, with a professor and

All this loyal work and sympathe tie help will however avuile little if we cannot obtain the funds es- sential to development. I venture therefore to make a very oarnest appeal for substantial financial help. This University is an insti- tution of which Hong Kong may well be proud, and I cannot believe that those interested in the Colony and its future will allow such a valuable asset-an asset not only to the Colony itself, but to the Far East to deteriorate. Rathen do I feel an unshakeable confidence that. such an appeal will meet with notable response, which will ensure the future success of the University and make it worthy both of its founder, and of all those who have the past. shown such great devotion to it in

a

and West have been drawn into close contact in many directims. We have learned much from one another, and there is greater an derstanding and sympathy; but there is still a long way to go. great evolution has taken place in A

FIRE-WORK AND DANCE China of recent years, but the ident unity aimed at has not yet been an adequate staff, with facilities thronged with a large gathering Last night the University was attained, and many thoughtful for research work in bacteriology including Sir William and Lady Chinese support movement of and parasitology: The University Peel. frank and soarching enquiry into at present turns out graduates the philosophy and faith that lie qualified to be general medical display which was followed by a At 9.30 p.m. there was a firework at the base of Western science, practitioners, but there is a grow fancy dressed dance. Western education and Western ing demand for doctors trained in politics. In that direction the Uni- public health, and a general feel- veraity of Hong Kong, as a trainering that the ordinary medical prac- of youth, can give a helping hand titioner should have some special Miss Barbara Chu (Men) Mr

The prizes for Innoy dresses were as follows:-

Best Chinese Costume; (ladies)

if the aims and ideals which led training in preventive medicine and Wong Kam Pew. to its foundation are maintained.

It is essential to maintain the China, more particularly in the (Indies) Miss

hygiene. Especially is this so in Beet non-Chinése Costume: high standard which it has set. ports. It has even been suggested (Men) Mr. Wong Kam Chung.

Jennette Marr. The degrees which it confere com that unless doctor has some mand considerable respect and, as knowledge of public health he may pointed out by the Vice-Chancellor not be recognised as eligible to prac- in his speech at the Congregation tise in China,

last January, the graduates of this

I have heard that the University University who have gone to Eng has been reproached for doing land to continue their education little or nothing for public health have grested a very good impres training, and it is essential for us Or

sion.

ON

EXCHANGE

CLOSING QUOTATIONS

LONDON:---- Telegraphic Transfer.... Bank Bills, on demand Bank Bills, 4 months'

night.

months' Credits, 4 sight..... NEW YORK:

March 15, 1933.

1/34

Bank Bills, on demand 273 - Credits, co days' sight. 234. PARTE

Bank Bills, on demand 5874

Credits, 4 months' sight C07)

INDIA

Telegraphic Transfer... 1968 Bank, on demand,

Ox BRANGHAI:

to see that such a reproach can. The University Must Go Forward.

no longer be substantiated Schemes I however, the University is to are being explored at present in maintain its position and prova co-operation with Government, The itself the bright lamp of learning suggestion has been made that we which was the dream of its found. ought to establish in Hong Kong er, it must move with the times a memorial to Sir Patrick Man-ON and with world. progress. It can son, who started the Hong Kong not stand still it must go forward College of Medicine for Chinese or it will inevitably go back, Fur- which was afterwards amalgamat-ON ther development is essential, and ed in the University Such a me this postulates more funds. In spite morial might well take the form of the Boxer Indemnity and the of the establishment of a ManD increased Government subvention, Professorship of Preventive Medi it has been very difficult to do much cine and Hygiene, I make an car- more than maintain what we bave, neat appeal for funds to enable Bome improvements have been effect this suggestion to be carried out. ed, but little real development has

Further Buildings Required, been possible during the past few

Further buildings are required years. The reduction in the nor mal rate of interest on investments for the Medical Faculty, for in has hit us very hardly, and unless stance a separate building for our further financial help in forthcom-gery and extensions of laboratories ing the future-prospect is discouralready overcrowded owing to the aging. www.

increasing number of students. In the past the University has the Faculty of Arts there is a need received substantial help from gen- for a Professor of Philosophy, and erous donors and though it is alwhole time Header of Geography waya invidions to select names, I also for a Department of Law. To should like particularly again to put anor branches on a proper record, the thanks of the University footing it is necessary to have ad- to the following:-

equate. endowment, for they cannot

On Demand ON KODE:

On demand ON MANILA

'On démand, ON SINGAPOUR:—

On demand Ox BATAZIL. — On demand ON BALDON

On demand ON-BANGKOK) –

On demand SOVEREIGNE, Bank Buying

Bate Bin SILVER, per DE

104)

Now York Montreal Brussels Geneva Amsterdam Milan Berlin Stockholm Copenhagen Oslo Vienna

Markets

MANUFACTURERS LIFE

MAKES RECORD PAYMENT TO POLICYHOLDERS

The Forty-Sixth Aunual Report of the Manufacturers Life Insur

your end- ance Company for the ing December 31, 1939, submitted. to Policyholders and Shareholders of marked activity. at the Annual, Meating shows a your

The total Assets amounted to $117,786,626. Of this amount Gov. ernment, Government Guaranteed, Municipal, Public Utility and other bonds comprised $47,028,023, First Mortgages on Approved Real Estate amounted to $39,080,503, Invest ments in Preferred- and Common Stocks amounted to $2,317,382... All securities have been conservatively valued, being hold in the Balancs Sheet at a value substantially less than that apthorized by the Domia." ion Department of Insurance. New investments made during the year were confined to Government and high-grade Municipal bonds..

The New Insurance amounted to $62,445,855. The total Insurance in Force amounted to $520,253,191,

Payments to Policyholders and Beneficiaries surpassed all previous years and amounted to $18,288,741., an increase of nearly Tour Mil- lion Dollars over 1931. Payments to Living Policyholders for Ma tured Policies, Annuities, Divi- dends, etc., amounted to 813,381,045., while Boneficiaries under Denth Claims received 84,007,696.

The earnings of the Company continued to be satisfactory. In addition to maintaining a Reserve for Dividends to Policyholders of 35,532,534. and a Contingency Re- serve of $750,000.. the surplus amounted to 32,849,574.

The branch manager of. South China for the Manufacturers Life Insurance Co. is Mr. E. J. R. Mitchell Asiatic Building Hong Kong.

Lisbon

Bucharest

Belgrade

Buenos Aires Rombay Shanghai Hong Kong Yokohama

Prague Helsingfors Madrid

116.

40 11/10.

110

Athens

605

Rugby, March 14.

580

877/10

.2521

3.441

Rio

51 nou?

4.13)

41 official

24.57

1/6

17.75%

1/8 15/32.

8.32

1/4.

07%

1/3

14.491

Silver (Spot)

17 11/18

19.00 29 7/16 10.55 31 Nom.

Silver (Forward)

171

War Loan 31%

991

South Africa, £997-£100% Fier £100 sterling.

NEW YORK STOCK EXCHANGE 'ASIA LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG.)

Tel. 28380-Gloucester Building, Rooin 306.

[REUTER'S AMERICAN HERVICE]

New York: March 3, Dow Jones Average: High-1933

30 Industrials 20. Boile

20 Utilities

40 Bonds

Stocks Air Reduction

Low: Mar. 2

Mar. 3

Change

88.78

41.82 52,18

53.84 1.66 up

41.30

13.23 23.94

24.76

82 up

38.11

16.53 21.30

21.95

.60 up

83.26

65.78 74.02.

73.21

81 dow

FINAL QUOTATIONS

Allied Chemical

American Can

Amer. Can 7 per cent.

Amer, and Fgn., Power

Amer. Smelting Amer. Sugar Ref'g' Amer. Tel, and Tel. Amer. Tobacco: "B" Anaconda Copper

Auburn Bendix Aviation Bethlehem Steel

Friday Int. Harvester Pfd.

851

Mar. 2 Int. Nickel

40 Int. Printing Ink.

77) Jat. Tel. & Tel.

541 Johns Manville

Pid.' 112 Liggett & Myera "B"

Loew's Inc.

-991 Nat'l Cash Biscuit

35 Nat'l Steel Corp.

North American Co.

B

,5

124

12 Mack Trucks

241 Montgomery Ward

104

339

681 Nat'l Cash Reg❜ter

67 Nat'l Dairy Prod.

11

18

7

·201

12 | Otis Elevator

}L

20.

Pacific Gas and Eleo,

24

Canadian Pacific Caterpillar Co.

03 Pacific Lighting.

5

Chrysler

8

Coca-Cola Company.

84

Columbia Gas & Elec.

11

Phillips Petroleum

Consolid. Gas N.Y.

-481 Radio Corpn.

Con. Gas 85 Cum. Pfd. Continental Can'

91

Saloway Stores

38

Seare Hoebuck...

408 Standard Brands

Borden Company

Corn Products

Curtiss Wright: Drug, Inc.

Du Pont de Nemours Du Pont 6 per one. Cam Eastman Kodak

Elec. Auto Lite Co. Elva. Batid & Share Eleo Power & Light Gen. Amer. Tank Card General Electrio

Packard Motors .....

Paramount Publix,

Pennsylvania Rly.

18 Stand. Oil of N.J.'

32k Socony-Vacuum Corp.

38 Tazas Corps.

Deb. 1001 Texas Gulf Sulphur

634 Transamerica

12 Union Carbide

124 Union Pacific

4 Un. Pac. 4 per cent. n«e

141 | Un, Aír, and Trans.

11kUn, Corporation,

24) United Fruit .....

304 | 13.3. Rice) .......

147 U.S. Steel 7 per cent, Pfd.

Vanadium

General Foods, v

БВА

General Motors

Gillette Safety

142)

Gold Dust

18

Goodyear Tire and

18

Warner Bros.

1/49 17 11/16

Int. Bus. Machines

84

Int. Harvester

Westinghouse E.-M.

16 Dividend payable semi-s

115

17