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100
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STEAM AND HOT WATER.
THE HONGKONG TELEGRAPH. SATURDAY, JANUARY 18, 1930.
AL JOLSON'S BID FOR MILITARY GYMKHANA. CASH WINDFALL AFTER
£1,000,000 A YEAR.
FILM STAR TO COLLABORATE WITH DRAMATIST.
The first sensational transfer in the world of talking pictures has just been announced.
SOMERSETS TO HOLD MEET-
ING AT KWANTL-
35 YEARS.
BOON FROM SALE OF HOTEL CECIL,
By kind pervalssion of the Fanling Hunt and Race Club, a gymkhanaj meeting will be held by the 1st Bn. The sale of the Hotel Cecil to the Somerset Light Infantry at Shell Mex for approximately £1.- Kwanti stoeplechase course on Sun-500,000 means that, after 35 years, day, 9th February, beginning at 2.30 victims of the wreck of the Libera-
On the termination of his pre-p.m., sharp. sent agreement with Warners Al Jolson is to join United Artists.
Al Jolson, a far as the public is concerned, was the creator of talking pictures.
Other artists had appeared in talking pictures before him, but it was not until the presentation of "The Jazz Singer" that the talkdes" sweit America.
What "The Jazz Singer" did in Amorten "The Singing Fool" ac- complished in England.
Under his agreement with War-] ners Al Jolson is paid £45,000 in cush, with, in addition, #royalty of 10 per cent on all gross receipts over £200,000.
It is expected that "The Singing Fool" in England alone will make £500,000 gross,
In the talking picture world the American market is five times as Valuable as our own.
The events will be:
tor Society will at last receive some return on their money. Mule Derby (Open to other ranka Erected by the Liberator Per Somerset Light Infantry), Gymkhana manent Buliding Society, the Cup, Ladies Quolt Pegging (mount Hotel Cecilope of the beat- ed, post entries), Somerset Light known hotels in the world-was Infantry Steeplechase, Market Race (mixed pairs, post entries), Services only half built when Jabez Bal Mule Race (post entries); Ladies Mile. four, the president, crashed. ⠀ and Saddling Rhee.
The ruined shareholders, num- Other than post entries, all entri bering 25,000, banded together« will close at noon on January 20, and formed the United - Realisa= entrics to be made to Hon. Secretary,tion Company to salve what they Gymkhana Meeting. Somerset Light Infantry, Sun Wai Camp Fanling. could from the wreck, in which | There will be a $2 totalizator on £7,000,000 was involved.. events 1, 2, 4, 7, 8, and a $2 cast sweep on events 1, 2, 7, 8, with a big $1 cash aween on, event No. 4.
The conditions for the main events are as follow:
."
"Old With Wafting.”.
Their chief asset "was' 200,000. shares in the Hotel Cecil,
Year after year went by, and The Gymkhana Cup will bo steeplechase of about one mile for there was still nothing for the Chiria ponios, weight for inches shareholders, many of whom were per scale raised 10 lbs. Winner of small tradesmen who had sunk all more than one steeplechase, Including their savings in the Liberator. gymkhann meetings barred. Winners Some died, and their holdings onte, 7 Ibi, extra.
passed to their children,
"We are growing old with wait-
Somerset, Light Infantry Steeplo- chase. A steeplechase of about one
It is, therefore, probably under-mile for China ponies. Catch weights ing," declared a woman patheti estimating Al Jolson's income, 175 lbs. Ponies to be owned by cally at a recent meeting of the very heavily, to say that it amounts eers of the Regiment and to have company. " to £5,000 a week.
The diembera'of United Artists work où results, and may receive 25 per cent, of the gross takings of their pictures.
Even if he were to make only two pictures a year of the class of
been owned by them prior to January
IAŁ 1000. To be ridden by owner. As a result of the sale, however, Ladies Mile-Catch weights. En-£600,000 will be paid out to the tries to close by 12 noon January 28, debenture holders of the hotels, Lut ponies' names nood not be given. £500,000. to the preference share. Ponies that have won any flat race holders, which will leave a "sub- are barred.
ti
stantial" balance for the ordinary shareholders, who are for the most part the victims of the Li- will work out at in the & is not [yet known.
"The Singing Fool," Al Jolson may GOLD FROM RUSSIA. berator crush. How much this
anticipate an annual income of roughly £1,000,000.
RESERVES.
Fantastle as that figure may ap-¦ÁLARMING DIMINUTION pear. It is quite within the bounds. of possibility, because George M. Cohan, America's greatest drama- tic impresario, is, at the same) "Lime, joining United Artists, and will write and direct Al Jolson's first talking picture for United Artists.
OF
As soon as the purchase of the hotel is completed in Juno, next, the United Realisation Company will go into liquidation, and tho sets will be distributed to the victims and their successors.
Rign, Dec. 13. The Soviet Commissars for Finance and Foreign Trade and the Directors of the Monopoly De partment discussed to-day at The contract for the sale of the Moscow the alarming diminutional Ceell was signed at a special board meeting at the hotel when. |of the Russian gold reserves, con- Author of "Over There."
sequent on the large gold ship-in substantial deposit was paid. George M. Colan is dramatist, ments to England, Germany, and
No Alterations Till June. lyrist, composer, producer and America last winter in payment
Shell Mex propose to recon- setor. He is the author of "Broad. for foreign goods. way Jones," "Get-Rich-Quick Wal- The Finance Commissar declar-struct the hotel into a huge black lingford," "Seven Keys to Bald-ed that the Soviet gold fund was of offices, but the shops fronting pate," The Miracle Man," "Se practically exhausted, and, there-the Strand where the leases have This Is London," and more than 200 fore, no more gold shipments were still some years to run will re- other plays of every déscription. possible...
main. It is also proposed to build
He is alsh the composer of the
The Foreign Trade Commissarja public restaurant on the ground Pingpiring American
outlined the measures taken to in-floor. marching song, "Over There.".
crease the exports of naphtha But no immediate inconvenience products, salt, and timber, but will be caused to hotel guests, na The combination of Al Jolson hinted at the difficulty of export,
next June.
[ and Chorge M. Cohnn will be the ing even small quantities of grain, no alterations will be made until
strongest in the talking picture butter, and textiles, which were world.
Al Jolson's father was a Jewish cantor, who emigrated from Russia to Amerlen. The story of "The Jazz Singer" is said to be, in great measure, the story of Al Jolson's
own.life.
insufficient for local requirements. The chief reason for the pur- Finally, the Directors of the chase is that the Shell Mex Com- Foreign Trade Commissariat aag-pany..a subsidiary company of the gented that the only alternative Royal Dutch Shell group, which as a further reduction of im- has a capital of £6,500,000, is ports, which is further to be dis argently in need of increased of-
fice accommodation.
cussed next week.
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