1931-03-06 — Page 5

WE ARE EVENING JE

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WHAT TERRITORY

DOES YOUR ADVERTISING

MESSAGE COVER?

THE LARGEST BEACH POSSIBLE NUMBER OF HOMES

AND HOTELS

IT REACH THE READING ROOMS OF THE LEADING CLUBS?

THE HONGKONG

CANTON UNEASINESS

CALMED.

SLUMP IN LOCAL NOTES REPORTED.

Canton, Mar, 5.

TELEGRAPH. FRIDAY, MARCH 6, 1931.

The recent political sensation at Nanking following the unexpected Chairman of resignation of the

the Legislative Council has its re percussion on the money market In Canton and an extrordinary and apparently unfounded story was in clrculation yesterday morning cast- Ing doubt on the position of one of the foremost Canton Government banks. The rumours spread with alarming rapidity and by noon the Central Bank was besieged with de positors and representatives of Dative banka tendering their notes for silver.

Inperturbed by the rush, the management of this Bank issued an if de- announcement assuring pouiters at the Bank would meet all demands for silver. The noti Beation had the effect of calming the native bankers who were later informed that the Canton Finance Commissioner, Mr. Fan Ri-mo, was attending office as usual yesterday.

Mr. Fan rest evening informed the Commissioner of the Maritime Customs at all tax collecting de partments that Central Bank notea for all deaominations should be ac- The Gov- crpted from the public.

have

artment departments cordingly announced that they will recrive only Central Bank notes and |will reject payments mude in silver.

Another Version.

Referring to this affair, the Cau- fon News Agency staten:

rush

By buying in a huge quantity of Hongkong mates with Central Bank note, ariel then by sensational resulting runkurs spreading of

Mr. Ha from the resignation of Han-min, the local speculúters suc- eceded in depressing the Central Bank tes and appreciating the when the longkang notes. For rumours got around the city,

the Was made by the public to money-exchange counters and banks notes. Im- Duy Hongkong mulately, the foreign notes went up, and down came the local notes. But that was not all. The money- changers and the banks in the Sap Sam Hong refused late in the after. noon yesterday March 4) to ex- for an exorbitant change, except pretium, any Central Bank notes coins. From G for subsidiary o'clock on, the local notes could not be exchanged anywhere.

DOES

DOES

to

DOES

IT REACH TĤE OUTPORTs >

DOES

IT REACH THE 'HUNDREDS OF PROPLE ON SJBPS

- DOES IT

THE CIRCULATION OF THE HONGKONG TELEGRAPU" IS CERTIFIED BY CHARTERED ACCOUNTANTS. MESSRS LOWF, BINGHAM & MATTHEWS.

TANG SHAO-YI,

for Hongkong en route to Canton, where he will receive his credentials from the Kwungtung Provincial INTENDED CONSTRUCTION OF Government in connexion with his

TONG KA HARBOUR.

Today, March 5) it is reported that the Post Office declined to ac

Bank noles. cept

any Central Pinetically all the shops while not openly refusing the local bank notes not willing to do business when the same were tendered in payment of goods. It is to be men. tunel, however, that the Central Bank has been very busy paying out subsidiary coin against ita notes, although in old coins,

The pre- mises of the bank were crowded with people awaiting to exchang their notes.

In order to meet the money situa flou, a consultation between Manag- ing-Director Shen Tani-woo of the Central Bank and Finance Com- missioner Fun Kee-mo yesterday resulted in a decision to send a des- patch to Mr. Yung Kel-ching, the Superintendent of Castons,

re-

uesting him to instruct the Canton Customs to accept the revelpts of superintendent to be responsible for revenge in Central Bank notes, the acceptance of the post as Magistrate their redemption in Hongkong notes of Chungshan District.

be deposited in the Shameen As Tong Ka is in Chungahan banks; and to instruct all levying Mr. Tang's new post will give him offices under the control of the De- Ka free-port development scheme, an opportunity of devoting full at- Mr. Tang Shao-vi, will be leaving tention to the building of Tony Kapartment of Finance to collect taxes here to-morrow on a President boat harbour.

Shanghal, Mar. 6.

The chief promoter of the Tong

URODONAL

THE DEFINITE REMEDY FOR

RHEUMATISM

AND ALL

URIC ACID TROUBLES SOLE AGENTS FOR HONGKONG

CANTON & MACAG

THE PHARMACY Astatio Building. Tel. 20345.

to

in Central Bank notes,

SHARE PRICES.

TO-DAY'S QUOTATIONS.

The following is the list of local share quotations issued to-day:

Banks.

FRECKLES AND HIS FRIENDS

(VIELL, BROWN... DO YOU FEEL-

FIT ENOUGH TO FLY? WE

QUGHT TO BE

AFTER FARBAR:

YES...IM.O.K NOW, RILEY....I'M MORE INTERESTED IN FINDING FRECKLES THAN, I AM IN THIS FARBAR..... WE'LL GO AFTER,

HWA VIĘGN

WG FIND

THE BOY!

Hongkong Bank, $2075 sa. Chartered Bank £10% n. Mercantile A. and B., £23, n. East Asia $116 b.

Insurances, Canton Ins., $1300 n. Union Ins., $640 sn. North China Ins,, Tls. 160 b. China Underwriters, $3.60 b. Yanglaze Ins., $50 n. China Fires, $695 b.. H. K. Fire Ins., $1305. n.

Shipping.

Douglases, $27.

H. K. Steamboats, $26.75 8. Indo-Chinas, (Def.) $30 n. Union Waterboats, $87 m.

Mining-

Benguets, $104 n

Kallana, 36/3 n. S'hai Explorations, Tis. 215 a. Raubs 40 n.

Docks, etc. Kowloon Wharves, $1731⁄2 5. Whampoa Docks, $30% b. South Chinn Motors $10 n. China Providentă, $5.36 b. (old).] Hongkewa, Tla, 274 h. New Engineers. Tls. 54 b. Shanghai Docks, Tls. 110 d.

Cottons,

Ewo Cotton Tis. 16.05 n. Shui Cotton Tls, 106 (old) b.

Lands, Hotels, ete.

1. and S. Hotels, $12.90 b. H. K. Land. $85 an. S'hai Land Tis. 412 b. Mumpreys, $16.85 n. Reallies, $9.50 b.

Public Utilities. Tramways, $17.60 b. Peak Trains, (old) $14 b. Star Ferries, $88 b.

The Remedy

THEATRE ROYAL

OUR BRITISH CROSSWORDS.

ART

and

Mrs. BOTTLE

7, 10, 13 and 14 March at 9.15

IIth March at 5.15

Booking at Anderson's

Chinu Lights, (old) $25% H. K. Electrics, $80% b. Telephones, $42 b. China Busca, Tla. 19 n. Singapore Tractions, 6/6 s.

Industrials.

China Sugars, 80 cta. n. Malabona $38 b. Canton Ices., $3.40 s. Cements (Comb.) $16.86 b. Ropes, $1420 b. Venz: Goldfields $3.50 b.

Storen, etc. Dairy Farms, $26.10 a. Watson, 313.40 n. Der A. Wings, $1 n. Lane Crawfords, 23.90 b. Mackintosh, $20 n. Sinceres, $131⁄4 n.

Miscellaneous. Amusements, $26% a. Constructions, $5% n. B'que Ind. G. Bonde, $68 % 60. II.K.G. Loan 7% Prem.

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Quren's Buildings.

THAT BINKLEY FGUA AND

·FARBAR ARE PULLIN' PETER THE HERMIT UP BY HIS WRIST.... WHAT ARE THEY

DOING THAT

FOR??

Agents.

Torture

THE YOUR GHOI ON TO SOMETHING..... HE'LL TELL US WHERE THIS KID 15 OR THE BIRDS WILL PEAST

ON HIJA !!

Метони

1 You have liking for him. He

no "for in fuet" (n.). Condittva.

10 Dipped.

1 This clue

dificulties.

12 Cheat.

should prevent

11/1

You all know Peter.

14 This bird is a synonym of 12

Deross.

15 With nobs.

16 Skip off in the East.

18 Foiled but guided in the end.

21 What polishing material has the

same name as an African town on the Mestiterranean?

24 Two anilors side by side.

24 "Base envy withers at another's

Joy, And that exerdiener it con- not reach." Thomson, Seasons."

30 Be careful. I arranged

nicely (hidden).

"The

3 With this anyone can do a groudl

turn.

#2 Bird's nests are in China.

3 Robinson Crusoe's breeches --not

the goat-skin once.

31 Here there is a row, and this is

wha! buppened to one if the contestants at the end of the bont.

36 A coming into offler.

1116

7 A character in The Tempest."

Find out, an sure.

11 These rays keep things going on

this little planet.

13 I left it in the portico along with

the clubs (hidden).

17 What an arch zesta on, but men

help to make, the, support.

19 In old London, Budge Row won

necupled I by these merchants. 20 Strange.

++*+2

The

mental part of something that in that in perfect.

23 Continuing a long time.

25 Permits.

27 An article runs into a chicken,

from that place.

2 These show contempt and are,

in themselves, frequently con; temptible.

character

20 This Shakespearean

snya. "Is not this 7 down, my drunken butler 7"

Yesterday's Solution

{CHECKMATE (BOHE A

** M*A

ARBUTUS STIRRUP

STAR

KOBRAHTER

Down

NA

Don't do this. Muke a chenn catch

}TREAD) LE

ប

Thes

persons Arc als in terested in a ball-

S

MP SHOWER'S

EAR!

4 but before starting play the

eaptains have done this,

ur

5 May be military well-res gulated-if the former, un- doubtedly the latter,

Wing to wound, and yet afraid to--"--Pope, Epistle to Dr. Arbuthnot,

STICKERS

Can you place the shove rine applet in 10 rows and have three apples in each Love?

THE NAVY ESTIMATES.

SCRAPPING OF SHIPS AND OTHER ECONOMIES,

London, Mar. 'ñ.

HEAVE OPEN EFCO

TEIREME RAILWAY

GEE TREASURES!

Yesterday's Solution.

4-7

3-0

2-12

6-10

The numbers shown above indicate- one way you can draw the diagram in one continua law, without passing over any Jine twice. Strit et 1, proceed to 2, then 3 and on until point 12 is rear bed. TEL

fisgram is the complete.

Alding China.

The scrapping of the battleships are now fitted to four ships, and Benbow, Emperor of India and will be fitted to eleven others in

battle the erse of the year. the Marlborough, and cruiser Tiger, and the "demilitaria- Ing" of the battleship Iran Duke,

British naval oficers are being as a result of the London Naval Treaty, was one of the features if lent to the Chinese Government to a statement by Mr. A. V. Alexander help in the training of a Chinese will send Chinese accompanying publication of the Navy, which

Naval Estimates for the forth- officers to undergo courses in Eng-

coming financial year, totalling The current programme

£51,600,000, which is a decrease 01 |

pro- £342.209 compared with the. net vides, inter alia, for three new cruisers, one flotilla leader and 8 total lust year.

The economies include about destroyers, 4 Aleopa, and 3 sub- £500,000 in pay allowances, due to marines. the fall in the cost of living, and The naval strength is reduce: £304,000 in wages, while only one by 3,400 oflicers and men, to $3,650. It is pointed out that in the new flight is added to the Fleet

Air Arm compared with two last period of four years from April 1928 to April 1932 the Navy will year.

Mr. Alexander mentions that be reduced by 10,000 officers and catapults for launching aireraft) men.-Reuter.

YOU

By Blosser

CHUCKS, IM GOING TO TRY AND CUT THAT ROPE WYDA MY LAST BULLET. AN I

·】 MIES... WELL, IEL

BE IN FOR PLENTY~n

.MORG "THAN I' BANGING HEBBEN

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