1920-04-20 — Page 7

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TELEPHONE: 977.

STRIKE SETTLED.

THEATRICALS.

THE HONGKONG TELEGRAPH, TUESDAY, APRIL, 20. 1920.

CURRENT COIN.

(BY "MERCATOR.")

It will be remembered that Reuter wired us a few weeks ago that the Chancellor of the Ex- chequer intended to introduce a Bill into Parliament to amend the law as to the fineness of the silver coin in the United Kingdom and other parts of the British Empire. The mails have brought; more information on the matter. The Countries to be affected by the new Ordinance will be those parts of the Empire where sterling coins pass

current. namely, Africa, Australia and other British Possessions. This is a serious step in the direction | of reducing the urgency of the silver demand for coinage, as the intention of the Bill is to reduce the fineness of the metal struck. A small reduction in the quality of the sterling silver coin is not likely to solve the difficulties on account of which the Bill is being i introduced, fat the cost of provid- fing the metal would still exceed

LAST NIGHT'S SUCCESSFUL|THE DENNISTON PLAYERS, the nominal value. If the silver

CONFERENCE.

TRAMS AGAIN RUNNING.

coinage is to be brought below Monday next marks the begin-its melting value, the weight of Ding of an extended engagement the coins and the fineness musi of the Denniston Players, who are be reduced to an adequate extent. The Hongkong labour strike making their first how to a Hong-There is a movement among even has, we are happy to state, been kung audience. Mr. Reynolds silver countries to reduce the settled. It was generally Denniston is well known in Hong-fineness of their coins. For inst yesterday that with only a matter kong having visited us on three are, it may not be known that of three per cent. standing be different occasions as a merube one of the reasons for the drop in tween the employers' offer and the of T. Daniel Frawler's Com the value of the Singapore dollar men's demands the prospects of an pang. He says he has an ex-is the reduction of the silver in it early agreement. were bright, cellent company and some very from a fineness of .600 to 550. There was a further conference elightful up to the minute plays. France intends shortly to nation- Jass evening at Mesars. Jardine."Up In Mabel's Room is the alise her small silver coinage. If Matheson and Company's offices. opening play. It is a comedy

France intends its return, then it as which the employers were re-that kep: New York laughing for reasonable to presume that presented and froirrepresentatives eight months, and which was of the men gether with their highly praised by the theatrical solicitor. Mr. 3. K. Lo, were pre- erities of that city as one of the sent.

After deliterations lasting cleverest and most laughable frem tapan, the Hon. Mr. plays produced there in years. John Johnstre issued the follow- ing statement: ·

Switzerland will have to declare all such cortency in Switzerland invalid, and may have to with- draw at the same time all. Swiss small coinage from France.

Judging from reports received as to the principal sources of gald cald is likely to show a consider. supply, the world's production of

The second production will be "Civilian Clothes" This is an "On behalf of all the employ-after-the-war comedy and was ers involved in this strike produced as late as September have settled the matter yn the last at the Morsen Theatre.

Able decrease. The total is ex- following terms: An increase where it is still running elected to be £75,000,000, based on of 32 per cent. in all en- It is very up-to-date and deals

returns calculated at about Ss. ployees including apprentices, with the return

an!

114d, the fine ounce, the present the only exception being: No. | American officer de private lifel I men who, drawing $100 or and civiliar clothes after his Price being much higher. Cal Jess сел Is: January 1990 strenuous experiences in France rulated at this market rate, the shall participate in the The third production is value is nearer £97.000.000. The full 321 percent.: No. 1's draw. Arquittal." a wonderfull power approximate world's total in 1918 ing more than $100 & mantis on ful play which only reached as over £75,031,700, and in 1919 it was £15,000,000. The British 1st. January. 1920. tɔ receive | Broadway List month. Mr. an advance of 20 per cent. All Denniston, saw its at night"Percentage of the total in 1915 men to be reinstated and inme-in Chirago and promptly bought as 52.3 and in 1919 it was 19.5. diate steps to be taken by the it. It ran to capacity at the Compared with the output of 1915. delegates to get the workers Cohan Theatre in Chiraz for 16 back as soon as possible.

[(Signed) JONS JOHNSTONE, After the document had been interpreted by Mr. Lo, the men's representatives signed their acknowledgments.

there has been a drop in the Brush Empire's output of 11 werks and is repeating its succese

perrent in 1918 and 16 per ceni. now on Broadway.

last year. Gold has commanded The box office plans are now substantial premium. In the Open at Montries.

years before the war the balance of trade between the United Kingdom and the United States was easily adjusted; the of a few million movement and, carpentras employed by the pounds of gold a year usually Doc's and other converns.

suäiced. In the present cir- Frevious to this settlement, the beamstances, the adverse balance discussion dragged on from the of the United Kingdom with the) start, with the representatives of States has to be counted in the men asking for a 35 per cent. Fhundreds of millions sterling. increase. and the employers, hence the abnormal price of gold. The Dairy Farm Ize & Cola | through Mr.Johnstone,conceding The beavy balance due to India

Thus ended the strike which had lasted for over a fortnight and which bad involved the following twenty-six concerns :-

The Naval Dockyard.

The Ordnance Department.

The Water Authority.

The Public Works Department.

Storage Co.

The Hongkong K Whampoa

Dock Co.

The Sham Shui Pa Deck.

The Taikoo Docks.

Messrs Bailey & Co.

The Green Island Cement Co. Messrs. A. G. Gordon & Co. The Hongkong Hotel The Peak Tramway Co., L. The Kowloon-Canton Railway. The Hongkong Electric Co. The Chins Light & Power Co.,

Lid.

The Hongkong Rope Co. Messrs. A. S. Watson & (Tung Lo Wan factory). The Hongkong Gas Co. The Asiatic Petroleum Co. The Hongkong Tramway, The China & Japan Electric

and Telephone Co. The Hongkong

+

•

32 per cent. The workmen's re-jis also an important factor. Presentatives then requested Mr. Johnstone to increase his Egure, During the Napoleonic Wars which he eventually did, be a jour forefathers were amazed that half per cent. After some dis-the price of gold, which in cussion amongst themselves, the ordinary times is steady at justi representatives agreed to the below Sis, an ounce, actually offer,and the meeting terminated] rose to 119. This record was a with the signing of the agreement | seven days" wonder which it was drawn up and and witnessed by expected the world would never Mr. M.N: Lo for the men.

see again. If our forefathers

The Chinese employers will be were living at the present time called to a meeting at the Guilds they would have been surprised rooms to-night, when the contest learn that only in February sion of a 3242 per cent. given blast the price of gold reached the Co. the European employers will be truly surprising record price of 1278. 41. It has since dropped. made known to them with a view to asking them to grant the and with the firming up of the same increase. It is expected American exchange it is likely that this meeting will pass off toto decline further.

ä Kowloon

Wharf & Godown Co.

The Taikoo Sugar Refinery.

Messrs. W. C. Jack & Co.

The China Sugar Refinery.

ध्

have

the satisfaction of the men, es the Chinese employers hitherto expressed their intention to be bound by the decision of the Dock Companies.

These has been a better outlook

for rice during the last few weeks. There is no prospect of a scarcity of the cereal in the Colony owing.) as I have previously mentioned, to the intention of the new Our-

With the settlement of the wages question, a resumption of ernor-General of French Indo-

exports from that country by

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The Ivilpwing Msaufactures on Members of the

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A more detailed account of last work is being made by the fitters. China to reduce the silver fineness night's conference is given in a There are some 500 of the circular issued by the Mechanics' strikers who are in the Colony of the piastre, and thus help Guild to the workmen to-day. It and these will go back to making them cheaper than usual. appears, from this communicat-work to-morrow, though in This report has already affected ion, that at the conference on the case of the two Tramway the price of rice, and there has internal needs of that country erecting some similar machinery Saturday, when the employers Companies. the urgency of made an offer of 32 per cent, the resumption of their servires been a slow and steady declension. till the next harvest, but that for handling a similar situation supply is not well distributed in Hongkong should necessity 30 exception was made-ft has induced many fitters of these the case of the foremen, whose concerns to return to work to-day to be large. A systera of rice districts having an abundance

Arrivals from Saigon continue throughout the country, some arise. high pay was considered to justify The low-level tramway service control has just come into force and some very little of the cereal. There was a steady export of placing them on a lower scale. resumed at 11 o'clock. As for the in Sis. The deficiency in the It will be part of the Board wood oil, last year, although the The question again came up for Peak cara, the rotem of their rainfall and the consequent of Rice Control to see that demand was less sustained during discussion last night when. after 'service to normal cannot be un-

are the summer than in the opening crop have rice supplies in a deal of discussion, it was con- dertaken for two days, when failure of the rice

With the months of the year. The total ceded and accepted that the same the necessary overhauling will game anxiety, and the authorit Rice Controller given power to Imports last year only amounted

caused the Government of Siam evenly distributed. rate of increase, viz 32 per have been completed. cent, as given to the ordinary

les there have been devoting 6x the maximum and minimum to 294 piculs of the declared value Immediately after the con- their attention to the allevation of prices of rice of all grades and of £1,620. Of course, this is not forem el sis. apply to the ference, a representative of the the hardships of the people before the maximum stock which any real criterion, as the Trade foremen earning a salary of lean Guild last night went "to Canton the harvesting of the next crop. person may hold it will be seen Returns just published by the than $100, and that those earning with orders to get the workmen As a result of the prohibition that the Siamese rice control is Statistical Department of the above this figure would get increase of 3214 per cent. is to turn to Hongkong in the course year's crop will suffice for the of Hongkong should take note of from South Chine, which is the possible. These are expected re-it is estimated that the present very effective. The Government not give us the quantity imported apply also to the coppersmiths of the next few dage.

this messure, in the hope of principal source of the supply.

increase of 20 per cent.

The

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