1927-05-16 — Page 5

THE HONGKONG TELEGRAPH,

FINDLATER'S

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Distributors-Gilman & Co., Ltd.

If you require Previsions, Wine and Spirits, Sweets, Cigars Cigarettes,, Tabarco, moking requisites, Books, Papers, and Toilet Articles ate..." you exprel to buy the best quality and of undoubted parity and freshness. We supply these at moderate prices to all who make their purchases, asid in addition we guarantee a courteous and obliging service.

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PASH BOOKS will be imued op application.

EMPRESS STORE

Telephone K, 165 Telephone K. 626 -

Vicente Atienza & Co.

General Managers.

54, Nathan Road, Kowloon.

FOR SANITARY, FITTINGS AND BUILDERS' MATERIALS Inspect our Stocks.

Estimates Free for Sanitary Engineering and Building Materials

GAY

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69, Des Voeux Road, Central,

Tel. C. 5503.

REBEL RISING.

FOUR PHILIPPINE TOWNS. ATTACKED.

Manila, May 14.

A revolt broke out in Occidental Negros

MONDAY, MAY 16, 1927.

LANE, CRAWFORD, LTD.

QUESTIONS AT SATURDAY'S MEETING.

Providing at the annual meeting

THE TOTALISATOR.

SIR W. GILBEY SAYS "BOUND TO COME.".

The statement of Mr. Churchill, of Messrs. Lane, Crawford Ltd. on the Chancellor of the Exchequer, Saturday, Mr. A. S. D. Cousland when he received a deputation of proposed the adoption of the re-bookmakers and turf commission port and accounts. Mr. Stapleton agents the other day that there is secondes and the motion was a growing feeling in favour of the carried.

totalisator is endorsed by many people interested in racing, parti- cularly by backers who realise that under this system they would resolve the actual odds on the race,

On the proposal of Mr. Jones, seconded by Mr. Kitchell, Mr. W. E. L. Shenton was re-elected a director.

Messrs. Linstead and Davies were re-elected auditors at a remunera- tion of $1,260. The proposition was carried.

Mr. Churchill complained that the Bets Tax had not been given

fair trial by those concerned. Should he find that deliberate efforts to defeat the working of the tax are persisted in, he would re-

Mr. Jones remarked that the Chairman, at the beginning of his speech, said that the reason for the loss this year was accounted for by the decrease in turn over. Heceive considerable support from asked if they would announce the leading racehorse owners and pro- minent figures on the turf in in- Percentage of the decrease.

Sonie The Chairman said he thought traducing the totalisator. Mr. Jones should have sent in a of the chief members of the Race- notice of the question beforehand. courne Proprietors' Association

Mr. Jones replied that the Secre-favour it. tary was present, and he ought to have known the details before hand...

557

OUR CROSSWORD PUZZLE.

RRPOTHE

SPARE

FOFERA

APKIHENWARE

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OMATC

PARE

OWN

WET

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12' Impotent.

Aerous..

11 Gout.

1

To lie athwart.""

Animal's foot.

A

***

Under the totalisator, or pari- mutuel system of betting, the total amount invested on any race by Referring to interest shown in backers, less the percentage de- The profit and leg account, Mr. duction, is divided among those: Jones asked if that was the differ- who have backed the winning ence between the profit on the inter-horse in proportion to the amount.

Part of a coat. est of the mortgage and what was of their investments.

10 Belonging to us. paid out to the bank.

Great Britain is one of the few 1 Exist. countries that do not take advan- 14. Wild tree. tage of this valuable source of re- 17 Musical works. venue. Sir Walter Gilbey, a race-20

Pottery. horse 'owner, who has had 50 21 Fruitful. years' experience of the turf and 22 Famous college. was one of the principal advo-23 Sow,

25 A horseman. cates of the tax on betting, told a 28 Move. press reporter in, London that he no Mournful. was convinced that the totalisator 31 Intellect. is bound to come in this country. Beclesiastical vestment. He added:

34 Distress signal.

The Chairman said there were quiet a number of entries if Mr. Jones would like to lock at them.

Sundry Debtors.

Mr. Jones asked if that interest shown was the actual net interest on the lean or whether it was the difference between the income of interest, and the interest paid to the bank on the overdraft.

The Chairman replied it was the

"Used in conjunction with the 35 Abhor. net balance in that interest account.

3G Shoul. Those entries all went into that he-bookmakers, it would have a

37 Dresa fabric. stablising effect on the odds, and 39 Shadest. ount and other items as well.

Referring to an item of $150,000 would ensure that those who back-10 Point of the compa 18. for sundry debtors, Mr. Jones asked would receive the totalistor 1 Contented.

odds, which become the starting 43 Ireland. prices for all racing events."

ed what was the sundry debtors réserve there; as it was not hown in the oalance sheet.,

The Chairman replied the audi- tors did not require any further reserve, because it was not neces sary.

£7,500 MAIL THEFT.

1

46 Stop.

47 A colour.

40

Slek.

60 Having the

uxioms kant

53

character of an

To destroy the tools of machinery. 65 Fame,

MAN IN POSTAL UNIFORM.57

IN

Female sheep.

58 Drenched.

Portable chair.

60 Couch.

01 Boxes.

Mr. Jones said he thought that investment should be put in the balance sheet, and also particulars.

low a registered mailbag con-59 of what it was. There was nothing shown about the loan on the morttaining among other things £7,500 gage, and there was nothing in the y Treasury notes was stolen. balance sheet to show,to whom that from Queen-street Post Office, Cardiff, was told last month at loan was to.

Cardiff Police Court when Arthur Ernest Townsend, 40, was charged with stealing the bag and 15 re- gistered postal packets.

The Chairman replied he did not think it was usual to put it in the Company's accounts.

#1

Difference of Opinion, Mr. Jones-It is usual to put it in the balance sheet. Even now I don't know what it is.

The Chairman said he begged to differ on the point."

Prosecuting counsel said Town- end, an ex-postal employee, re- ceived during the war a leg wound which necessitated his wearing a On March 23 he kind of iron. came to the post office in a post- Mr. Jones Eaid he was a 'share-man's uniform, signed the receipt holder with money in the Company, forms, and received from a girl although perhaps only a little, and assistant the registered postal he was entitled to know where it packets, which he took outside and in a wicker basket similar to those had gone,

The Chairman remarked that it used by the post office. In his ex- was not a meeting purely of share-citement he dropped something girl assistants noticed nelders, and the Press, was present. and two

Mr. Jones-Then I think the that in stooping his right leg was Pressmen might be asked to with-stretched nut straight.. draw.

The Chairman replied that if Mr. Jones cured to visit the office after- wards he might be able to ask the yesterday Secretary any further questions. morning with a preconcerted at- Mr. Jones-I shall certainly do tack upon four towns by several that. thousand followers of Flor. Intren- cherado, the self-styled "Em-- peror of Iloilo.

The rebels disarmed the Police, killing three and wounding one. Several rebcis were killed..

The Constabulary dislodged the rebels from the Town Hall in Vic- torius, after a three-hour fight.

Reinforcements are being rush- ed from Manila.

Mr. Eustace's Work.

On the following Wednesday the two assistants were placed in Clive-road Post Office, where. Townsend drew his Army pension,. and the girls recognised him. Acting on instructions, one assis- lant pushed a document across the counter for Townsend to pick up, He but as it fell he caught it. was arrested by detectives who had been in concealment.

The Chairman said that before

Thomas Edgar Davies, chief they left the meeting he would like to mention that Mr. Eustace had retired from the post of managing cashier of the Midland Bank, Car- director at the end of last year. diff, told of handing in at Queen- postul He would like to take that oppor-street Post Office two tunity to assure him of the appre-packets containing £7,500 in £1 ciation of the directors and share, and 10s, notes, and Miss Maurice, -holders for his' efforts on behalf of a counter clerk, said she identified the Company during his tenure of Townsend as the man who enter office. During the remainder ofed the post office through a private his stay he would act as an ordin-door and told her he was relieving the regular postman for that day ary director.

He would be departing on Home only.

Townsend, who pleaded not leave in the near future, and he Four thousand labourers at the (the Chairman) said he was sure guilty, was committed for trial, Bais Sugar Mill are already strik- they would join with him in wish-bail being refused. ing.

The Constabulary are dis-ing him a successful voyage Home,

and a happy retirement. arming the leaders.-Renter.

Mr. Eustace returned thanks.

It is feared that the revolt may become general throughout the province.

Mr. Kirkhouse Jenkins, who pro- secuted, said it was possible there would be another arrest.

1

Down

Circumference. Repent of Commanded,

Move upward.

Father and mother. Age.

Those who lot.

15 Caused to lie.

品

16 Part of the circumference of a

A circle.

18 Strike lightly.

19 God of love.

24

Earnest.

26 Paragraph.

27 Organs of hearing.

20 Relating to Ionia.

31 Plumbago. «

33 Insect.

37 Withdraws.

38 Stolen.

41 Sanctifies.

42 Pours from one vessel to another."

44 Nearest in place.

45 Laud.

46

Device.

48 Cease to live.

49 Congealed water.

01 Single.

62 Anger.

64. Dread.

56 Small.

Saturday's Puzzlo.

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