1931-04-16 — Page 8

8

TEE

MAJESTIC

THEATRE

THE HONGKONG TELEGRAPH, THURSDAY, APRIL 16, 1931.

HEAR

TO-DAY to MONDAY

HENRY D MEYER NAT CORDISH

PRISINT

ERICH

IN

" THE

AND

VON

STROHEIM

GREAT

GABBO

WITH

THE ALL-DIALOG. SINGING DANCING

AND DRAMATIC ASPECTACLE

ADAPTED

FROM A STORY BY

BEN HECHT

BETTY COMPSON

Cook's Travellers' Cheques

$5

afford the best means of carrying funds at home and abroad. They combine

Safety with Simplicity

and

have a world-wide réputation,

Issued in two Series:

(1) Self-Identifying-(No Letter of Identification

required.)

(2) With Letter of Identification.

Both series are issued in Sterling & U.S. Dollars in denominations of £5, £10 and £20 & $10, $20, $50 & $100.

FOR

QUOTATIONS AND FORMS OF APPLICATION Apply

THOS. COOK & SON, LTD.

(INCORPORATED IN ENGLAND.)

& WAGONS-LITS.

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Go To

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Studo,t Ice Houso St.

Branch 7, Beaconsfold Arcado.

BRITISH COTTON TRADE

เป

LOST FOR EVER!

(Continued from Pape 1).

LOCAL SWIMMING ACTIVITY.

LADIES FOR INTERPORT CONTEST.

Japanese Good Enough.

A meeting of the Hongkong "There is no question of com

Amateur Swimming Association paring the quality of the British

Japanese products. The was held at the V.R.C. ins even- Japanese is distinctly lower, but, when the following represan they are good omnigh for the tative of the various club were Chinese consumer,"

present:-Mr. W. Login (Chair- man), Mr. J. Stewart (Ilon. Sec.), Mr. E. Railton (Hon. Trons), Dr. D. Liang (V.R.C.). Mr. J. A. Vic- tor (V.R.C.), Lt. Roper Caldbeck (Argyll and Sutherland Highlan dors), Mr. Wong Kam (CA.A.). Lt. Wolfe Barry (R.A.), Commander Morris (Royal Navy) and University representative.

Referring to Lhe Mission's suggestion for the formation of Company la Britain to control the export and sale of Lancashire goda tu China, and with it, the holding of bulk stocks. Mr. Cassidy said that his own feeling was that even if stocks were held, they would still find themselves at

Yine

On the proposition of Mr. Logan

vantage, and the only way to congete with Japan was by rond seconded by Lt. Roper Call- Mr. J. A. Vietor was unant- duction in the cost of production machecter Hon. Sec. to take treight and such like,

ון

No Solution.

to the

the place of Mr. J. Stewart who will shortly be leaving the Colony. Commander Morris and Dr. D. "I don't think it will affect Laing were elected as representa- it," he added. It may material Uives for the Royal Navy and Civi- ly

in bringing Lanians respectively. cashire

little closer Japanese prices, but whether auf- ficiently to regain the large amount of businesa lust, is open to ques tion and is very doubtful. an afraid they are lust for ever, and personally I see no hopes of

Besides business. Raining the which, there is the Chinese com- the factories in petition, with Shanghal working behind protec five tariffs,"

1

It was the inanimous decision of the meeting that every effort be made to send a alde up to Shang- hal for an interprt contest and a Sub-Committee will be appointed to discuss the financial side of the question. It is hoped to raise the necessary fans by holding Night Fetes and Interport Trials and in this respect the V.R.C. will afford the Association every facility. The Chinese representa "The report adds nothing new, tives tiave been naked to co-operate | and seems to offer no real sointion. by holding if possible, one or two At the moment, Britain still pro-night fetes af North Point. duves to advantage, the

It was almo

that i proposed grade fancy goods, but these are funds allowed, a team of ladles he quality times, and 80 far, the Japanese have been unable to make up to compete for Interport any impression upon that market. Yet they have already opened market in lower grade goods, are competing with us, and improving upon them steadily!"

Possible Economies.

Mr. A Piercy said

little doubt that

higher

#

there Was

of

honours.

YESTERDAY'S SOCCER. BORDERERS DEFEAT THE CHINESE ATHLETIC, Playing on the Sookanpo ground economy yesterday, the South Wales Borderers could be effected by cutting out the defeated the Chinese Athletic by a 76 representatives of the 75 dif-goal to mil, in the first division of the ferent firm operating in China,occer league

The Athletic fielded several reserven and bringing the distribution

but pressed from the kick off. A free gods under the control of three or kick thirty yards out gave Ho Ka four firms, but what Lancashire keung a chance to put the Athletic had got to realise was that cheap one up, but he cleared the bar with a He Render. Another free kick to the prices came before quality.

re-Athletic was shot wide by Ho Chui- was not at all certain if the organisation suggested by the in. The Borderers then sent in, but pushing Mission was practicable. It would Duvica was pulled up for be a tremendous task, and he did Chan Sik-pui, the Athletic goalie. not know how it could be effected.

He viewed with alarm. not No much Japan's grip on the China markets. ns the ever-increasing competition that was being offered ta Britain by the Shanghai fac tories, which were capturing our trade in the Persian Gulf and Con- stantinople. These factories were now producing millions of yards of cloths and other textures, and Wern seriously threatening our Borderers markets outside of China.

A free kick to the Borderers sent Channings in, but he shot into Chan's hands from close range. Duncan sent scross with Davies in a good position but his header cleared the post.

the

the

The second half opened with Borderers attacking but shooting was wilt. Johnson picked up from Lai Kwok-chui and the Borderers trans- ferred but Davies again shot wide. Free kick for Athletic thirty yards out was taken by Ho Chol-yin but he cleared the posts. A corner to

WILA cleared and the Athletic were soon at the other end. Suen hending wide from a centre by Ng Polau. A shot from Lakeman was just reached by Chan and Duncan shot by It was but another piece of esi returned wide. Another dence to support

the contention Lakeman was well cleared by Chan that Lancashire must produce and play was transferred, Suen send-

The Hor more cheaply, which could only being in a fast rising shot which John-

san tipped over the har. accomplished by lower wages.

derers were pressing but failed to register a goal through wild shooting.

Lower Wages,

EZ

Mr. Pierey pointed out that there were three methods of selling open! Ho Chol-yin sent in from the half to the British industry. Firstly, way line but Johnson cleared. Leung The confining of distribution to one Yuk-tung stopped Duncan and punted big organisation, such as suggest well forward, Ng Po-lau clearing the Mission: secondly, bar with a long shot. The Borderers ed by the

and following forced a corner the system which was at present scramble in the Athletic area from the followed, the selling through resulting flag kick, Duncan sent in a large number of firms In China, and fast cross shot and the ball striking thirdly, restricting the distribu- the inside of the poat spun into the tion of the goods to three or four of net giving Chan no chance to suVO. the big firms.

With loss than a minute to go, the Borderers went straight down from The big problem which would the centre kick and Davies struck the ariso in connexion with the first underside of the crossbar and the ball and third, would be as to what rebounded to play, it being cleared would happen to the numerous just as the final whistle sounded, with amul firms which were now en- the Borderers winning by the only gaged in that business? They goal scored. would have to protect themselves somehow,

Sir Ernest Thompson Seen.

SILK INDUSTRY IN EASTERN CHINA. London, Apr. 16. Discussing the Cotton Report NANKING GOVT. GRANTS A (published elsewhere in this issue)

$2,000,000 LOAN. with Reuter, Sir Ernest Thompson'

Nanking, Apr. 15. stressed that the Mission, repre-

All important resolution senting all sections of the cotton trade, brought home a unanimous Rasist the silk industry in Kinngau and Cheklang was passed by the report.

All came to the conclusion that State Council yesterday, when the Government decided that a public

and

to

n reduction in the cost of produc-loan of $2,000,000 should be issued tion

improvement of

to render

financial assistance to marketing methods were absolute necessity. Both remedies slk manufacturera in these two

Provinces. were interdependent.

It will be recalled that keen

He announced that Mr. Gillett competition from Japan and uther and Mr. Edward Crowe would foreign silk producing countries proceed to Manchester on Sunday and the unsettled political condi- to discuss the questions of re-tions in China last year caused organisation with the trade.

heavy losses to the silk industry near Shanghai,

Without Delay.

Sir Erniest Thompson emphasised

that the position was such that the Britain when business was on Mission was forced to act without falling basis.

f

delay. He hoped that the MiR-

fon's proposals would be carried

out simultaneously with the

Lancashire's Problem.

directed Many questions were

the organisation of Lancashire's pro- with a view to ascertaining

Misalon's views of the lines upon ductive capacity.

in Lan-

Answering questions, Sir Ernest which reorganisation said that the Mission did not find cashire should proceed. Sir Ernest American cotton hitting the Bri-replied that that was a question

for the industry. tish in China.

full cotton report to being Economic

The fall of silver in Japan did

not affect Britain now that Japan general report of the

A on Friday and, the

was on a gold basis, but the proxi- Mission in a fortnight's time.-- mity of Japan to China affected Reuter.

SHARE PRICES.

TO-DAY'S QUOTATIONS.

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

7. Banks, Hongkong Bank, $20:15 b. Chartered Bank, £161⁄2 n. Mercantile A. and R., £24 11. East Asia $118 b.

Inagrances.

Canton Ins., $1390 b. Union Ins., $635 ma,”

China Underwriters, $4.43 1. Chiba Fires, $525 b. HI..K. Fire Ins., $1300 n.

Shipping.

Douglas, $21 b

H. K. Steamboats, $2014 r. Indo-Chinns, (Def.) $40 n. Union Waterboats, $85% h.

Mining.

b.

Benguets, $9

Kailans, 3179 n.

S'hai Explorations, Tis. 5/2 m. Rauba, $3834 8. Veuz: Goldfields 33% b.

Docks, etc. Kowhon Wharver, $161. Whampoa Docks, $28% b. South China Motore $10 n. China Provident, $5.30 h. Hongkews, Tls, 300 b. Now Engineers, Tis. 6% 7 Shanghai Docks, Tia. 113 b.

Cottons.

Ewo Cotton Ths. 1434 t S'hal Cotton Tla. 107 b. Zoong Sings Tin. 11.60 n.

Lands, Hotels, etc.

H, and S. Hotels, $15.10 b. H. K. Land $84%1⁄2 m. S'hai Land Tls. 42 s. Humphreys, $16% 9. Realties, $11.99

Public Utilities. Tramways $1734 b.

Peak Trams. (old) $14% n. Star Ferries, $93 9.

China Lights, (old) $25.30 h.

1. K. Electrica, $78 Telephones, $53% b. China Buses, Tia. 18.20 n. Singapore Tractions, 6/6 n. Industriala,

China Sugars, 80 cts. n.

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Malabons $39 n. Canton Ices, $3 b Cements (Comb.) $17.99 b. Ropes, $14.75 .

Stores, etc. Dairy Farms, $25.00 D. Watson, $12.60 n. Der A. Wings, $1 n.

A BIG CONSIGNMENT OF—

Lane Crawford; $h1⁄4 b. Mackintosh, $20 n. Sinceres. $13 n. Powells $2.85 m.

Miscellaneous. Amusements, $27 an. Constructions, $5.90 s. B'que Ind. G. Bonds, $68% h.

MILLINERY

WILL BE UNPACKED TO-MORROW.

This consignment comprises the latest fashions from New York and London.

NEW

BAGS

in Special Spring and Summer Styles.

RAINCOATS

Reliable Lightweight Qualities in Pleasing Colours

for Summer Wear.

CORSETS and GIRDLES

in many new models including “Formfit.”

SUNSHADES

in entrancing designs from Paris.

ELITE STYLES

THE LITTLE SHOP WITH THE BIG SELECTIONS.

A. P. C.

BUILDING.