1932-12-02 — Page 7

COTTON TRADE PROBLEMS

REVIEW OF WORLD CONDITIONS

INDIA IMPROVES

London, Dec. 1. Indications that little if any progress towards recovery has

BRITAIN'S WAR-

DEBT NOTE

THE HONGKONG TELEGRAPH FRIDAY, DECEMBER 2, 1932.

(Continued from Pago 1.)

United States Government loans payments have been made, both before and after the funding agreement, amounting to £354,000,- |000 or £620,000,000 in all. BALFOUR NOTE.

"CONTE ROSSO" SAILING

TO LEAVE THIS

AFTERNOON

We are asked to state that tho

INTERPORT TEAM RETURNS

HURT BY THE POOR WELCOME

e.s. Conte Rosso, which arrived in flattered the Shanghat players" "The score of 4-3 considerably port this morning, will leave at 4

was the comment of Mr. W. E. p.m. instead of 6 p.m. as provlous-Holland, manager of the victorious ly announced.

Hongkong Interport soccer team, which returned to the Colony by tho President Taft this morning, Telegraph representative,

.

Meanwhile the advances made 000,000., This year's figure is when intervlowell on board by a been made in the past 12 months by Britain amounted to £1,600,000,- £10,000,000, by the cotton industry are con-000 and had facreased subsequent- tained in the Cotton Tradely by the addition of unpaid in- Statistical Bulletin issued to-terest. day.

•

RADIO BROADCAST

PROGRAMME OF RECORDED MUSIC.

From Z.B.W. on wave-length of 365 metres (845 k/c).

5-7 p.m. Chinese programme. 7-10.30 p.m. European programme, 7 pm. Stock Quotations, etc. 7.3-7.30 p.m. Concert Items. Song Songs of the Hebrides-Is

Hobrid Seas (Kennedy

Fraser). Song--Songs of the Hebrides Kishmul's Galley (Kennedy-

Fraser), Muriel Brunakili (Contralto).

DB602.

(Jcesel, arr. Willoughby). Octet Hearts and Flowers (Tobani,

arr, Willoughby).

We went away from here con- AMAZING FALL IN TRADE.

fident of victory and told the United States imports into the Shanghai team that the game was Shortly after the war, the the United Kingdom show an lost as far as they were concerned. British Government offered to usually remarkable fall from £211,We have brought back with us a Reviewing the world position of the cotton industry, the Bulletin join in any equitable arrangement 900,000 in 1928 to 269,000,000 in small flag, as the Shanghai people Octot-The Weilding of the Rene states that unemployment in the for an all-round reduction or the first nine months of 1932. The would not part with the large one. spinning section of the Lancashire cancellation of Inter-Alited debts. total trade between the two coun- We have also brought back two industry remains at about the That proposal was not accepted, trica since funding agreement has miniature cups and of course the level of a year ago, while there and the British Government were fallen from about £300,000,000 to Telegraph Cum There was not a has been a considerable drop in called upon to fund their debt to £100,000,000 yearly.

weak spot in the whole team and the number of weavers employed. the United States. They then an-

overy man-Jack of them did his best. The drop continues although nounced that they would limit activity in the spinning section their demanda on her own debtora; has recovered since the November to the amount they were required

to pay America. stoppage.

The usual seasonal increase is still wanting.

ago.

But, in fact, their receipts have amounted to less than halfi their payments to their creditor,

RELATIVE POSITIONS.

The United Kingdom has up to the present generally been America's best cus- tomer, but if the war debt payments had to be resumed, the heavy adverse balance of visible trade, amounting to £78,000,000 in 1931, would have to be reduced by adopt. ing measures which would further restrict British

pur- chases of American goods.

"The game with the Chinese was far superior to the Interport game, although there were three reserves Included, the standard of play being higher and better spirit being evident."

Italy is the only country which

The successful team wore met has failed to show recent increase

by Major Manners, chairman, Mr. In cotton activity, The Indian

H. N. McTavish, former secretary, Industry is working at a much

and Mr. A. Goldenberg. Thore The relative position is that the higher level than it was a year United States made loans of

was no-one clas present when the vessel docked and Mr. Hollands The French industry has show-£2,055,000,000 and the United ed the biggest improvement in Kingdom made similar loans of Therefore, if payments were re-described the welcome as "One of European weaving activity. £1.600,000,000. The United States sumed to the United States Trea- the worst we have ever had."

The export of yarn and piece-have received £434,000,000 and the sury, a definite loss must follow to goods in most countries have show. United Kingdom nothing, having the United States producer. ed the seasonal increase, but to passed on all their receipts to the a much lesser degree than in 1931. United States, as well as £134,000,- -Reuter.

000 in addition.

IRISH RAILWAY CRISIS

THE GOVERNMENT INTERVENES

Dublin, Dec. 1, Government intervention in the railway crisis, at the request of the Labour Party, hea consider: ably improved the prospects of a settlement.

BURGLAR FOUND IN GAOL!

•

J. II. Squire Celeste Octet.

Song-Bonnie Mary of Argyle

(Traditional), Song The Bloom in on the Rye

(Fitzball & Bishop).

DB090.

Heddle Naah (Tenor). DB720. Harpsichord Solo-Suite in G Minor

(Purcell)

DB080,

Rudolph Dolmetsch. 7.30-8 pm. Request Items. Song-My Little Nest of Heavenly

Blue (Speath & Lehar).

Maria Jezitza (Sop.). Vic. 1234. Orchestral-Roses of the South

(Strauss).

Bruno Walter candt. the Berlin

Philharmonie Orchestra. LX29. Song (a) Fairings (b) Come To The Fair (c) Jock The Fladfer (d) The Ballad Monger (Easthope- Martin).

Percy Heming (Saritone)

HMY, 01482: Fox Trot-I Don't Blame You.

Savoy Hotel Orpheans Col.

G.B. 470.

Roland Oliver (Tenor).

Regal, MRG68,

LAUSANNE.

Touching on the Lausanne settle- Iment, the Note says if the payment count, same £200,000,000 has been States Government were to be re- When interest is taken into ac- of war debts due to the United found by the British taxpayer.sumed, the British Government

How a man wanted for burglary would be obliged to reopen the ques- tion of payment from their own had to evade the police for the debtors-France, Italy, Portugal, past two months was explained to Yugo-Slavin, Roumania and Greece, Mr. Schoßeld at the Central and also the British Dominions, Police Court this morning by which have been suspended since Detective Sergeant A. Kinnear, the Lausanne Conference. The who charged the man with break- Coming as they did after losses debtor countries would in turn haveing into a West Point Club and resulting from the war; theae to demand payment by Germany of stealing a quantity of clothing.

effects constitute, in the view her obligations under the Young of His Majesty's Government, af Plan. strong claim to consideration.

MAN FOR WHOM POLICE | Song-Goodnight Vienna,

WERE SEARCHING

While the British share of total Indebtedness to the United States is only 40% of the total of payments made to the United States, 80% has come from Britnin.

CHANGES OF CIRCUMSTANCES.

POSSIBLE FATAL RESULTS.

The railwaymen a few days ago

Without readjustment of. the Regarding the changes of cir-war debt obligations, the Lausan- decided to strike on Monday next as a protest against the proposed cumstances which have increased ne agreement could not be ratified. the burden of Britain's obligations, the question of reparations world ten per cent. Wage cut.

it is pointed out: Mr. Seau Lemass, Minister

remain unsettled, the improvement Industry and Commerce, has al- Firstly, the British debt is ex-fia confidence which followed the ready interviewed both sides, and pressed in terms of gold, but the Lausanne agreements would

of

The burglary was committed during the early hours of the morning of September 14 Inst, and although two men were wanted by the police, only one was arrested at the time. He was accordingly brought before the Court and sen tonood, but the second man was not arrested until two days ago.

The man arrested on Wednesday was formerly a cook employed at it is likely that the Government burden on the British people is undone, and fatal results might the club where the burglary was of sterling. well be found to have accrued to committed and the circumstances will temporarily assist the rail-measured in terms ways, as it has subsidised other Consequently the payment on De- the solution of the many grave of the entry led to suspicion fall- from political as well as Ananacial pro-ing on him. It was explained that sufferers from its immediate econo-cember 16th, is increased

£19.750,000 to approximately £30,-blems now under discussion, mic policy-Reuter.

shortly after the burglary the 000.000.

The proposal for a suspension defendant Was Arrested for of the December payment, which another larceny and whilst the would in no way affect any police were searching for him, he ultimate settlement, is necessary was in prison. to create a condition favourablè

CANTON'S PUBLIC

NURSERY

FOR CHILDREN OF WORKERS

Canton, Dec. 1.

Secondly, the average wholesale price index in the United States during the period when the debt was in- curred was 189, and is now under 91. The debt thus re- presents to-day, in terms of goods, not less than twice the amount borrowed.

be

The defendant was sentenced to and

to the successful issue of sub-four months' hard labour sequent debt, conversations.

ordered to pay $100 compensation to the complainants for properly

HONGKONG DOLLAR

The reserves of the British Gov-not recovered or undergo a further ernment in gold and foreign ex-two-months' imprisonment. change, though adequate for the Thirdly, the American tariff modification of exchange fluctua The children's Public Nursery has restricted the import of Bri-tions, were not intended and would opcis its doors for the first time tlah manufactured goods. When not suffice to cover as. well the to-dry to receive children whose the British war debt was funded payment of G$95,500,000--British parents are engaged in their occu-in 1932, these amounted to 260,- Wireless and Reuter. pations during the day and have

ne time to take care of them dur-

ing working hours.

The Nursery is located at San

DAY BY DAY: NEWS IN BRIEF

north-east out- WHATEVER AM PRESENT, 1} During Wednesday, two cases of skirts of the Vity or WOTOINE TREMIILE VE YILINK WILAT I MAY BE diphtheria were reported to the local people have their homes.

It will WHILE 1 FIND THIS PRINCIPLE IN health authorities. take care of sons and daughters of ME. HOW CAN I ASSURE MYSELF working parents who will call at THAT I SHALL BE ALWAYS TRUE TO open formally the Ladies' Section of Lady Peel has kindly consented to the Home for their children after MY GOD, MY FRIEND, OR MYSELF. the Sports Club on Thursday, 8th the day's work is over.

IN SHORT, WITHOUT CONSTANCY. inst.. at 4.30 p.m. THERE IS NEITHER LOVE, FRIEND- SHIP. NOR VIRTURE IN THE WORLD.---- Addison.

The Nursery, operated under the auspices of the city Government, will meet a long felt want among the working classes.-Central Prest.

CANTON FILM CENSORSHIP

UNCANNY THEMES

DISLIKED

The annual prize-giving is to take place at the Quarry Bay School at 6.30 p.m. on the 20th instant.

Mr. William Walker, of the Shang hai Power Co., arrived here with is wife on tho President Grant to-day.

The E. and A. Company's s Nanking, with the Australian maila

MIAR

.

0. Gill, while walking in Wyndham Street, at 6.36 last evening was victimized by a bag-anatcher, who cacaped. Money and other property in the bag amounted to $41.

***

Passengers who left by the Empress of Russia to-day included Mr. and Mrs. J. V. Blood-Smyth, Mr. and Mrs. 9. J. Hicks, Mr. and Mrs. G. Picker- ing. Dr. T. M. Burton, and Mr. M. Berry.

SLUMPS

FOLLOWS DECLINE IN SILVER

The Hongkong dollar dropped a farthing this morning to 18. 3-4 d. Thin reflected 3 fall in silver prices. The tendency locally in very uncertain.

5/16ths spot and a farthing for

In London, silver declined

ward, China and India sold, while China bought at the decline. The market closed quiet with an uncertain tenderry.

In New York. silver at 25% dropped 3/8ths.

SUGAR MARKET

THE LATEST CABLED QUOTATIONS

The following table at the close Passengers who arrived hero by the of the sugar market yesteray, has is duo here to-morrow morning, P. and O. Uner Kaisar-I-Hind included boen received by Messrs. Pen-

Mr. and Mrs. Lockhart Smith, Mr.treath and Co. Canton, Dec. 1.

Mr. S. G. H. Leyh, of the Govern- and Mrs. C. Mycock, Mr. and Mrs. G. The Motion Picture and Songsment Monopolies, Penang and Mrs. F. Nightingale, Mr. and Mrs. Oliver, Consorship Committee has ban-Leyh have just returned from a visit and Mr, G. Reylance,

on

ned several. Chinese pictures

to Hongkong. the ground that they tend to in-

The Deckyard Recreation Club will fluence the public toward superati-be holding a dance in the Exchange

Restaurant The Committee has notlled local at 9 o'clock.

this evening, commencing cinema theatres to submit all

tious and weird beliefs.

The trachoma situation in Manila has become so serious that the govern ment clinica are now inadequate to attend to cases reported and found. "It is incumbent upon the authorities," the health service explains, "to let the those that cannot be handled either by the Philippine general hospital or the health service clinic at San Lazaro hospital at a reasonable price."

Chinese and foreigu films for Dr. R. W. Hart, Chief U. S. private initiative step in and treat examination, especially when they Quarantine Officer of the Philippines, aro concerned with uncanny and arrived here by the .n. President fantastic themes. This ruling op-Grant to-day.

ples also to the re-screening of Gecond run!

pletures.-Central Press.

The police have received a repert from Mr. Leonard Leong, living at

J. M. da Rocha and Co., who are agents for the American Insurance

London Terminals. March 1938 5/7% down 1%d. May 1933 6/9 down 2d. August 1933 5/11% down 220. Buyers at above prices, sellers asking d-ad more.

London (1/12/32)-Weakness caused by Amarlenn selling.

New York Terminala. March 1933 74 down 2 pts. May 1993 80 down 2 pts. July 1933 .84 down 2 pts. September 1938 .00 Cuban 96"-Spot N.Y. .90 charge.

That he was looking for a ball was |Co. of Newark, N. J., send neat wall the excuse given by a Chinese who calendars for next year which are was charged before Mr. Schofield at Song Am Meor (Schubert).

issued by this concern.

Police investigaliers are

proceed-

the Central Police Court this morning with being found on a vorandah with intent to commit a folony at 8.15 am on Thursday. It Wan stated

by

по

Alexander Kipals (Bass). L2106. Collo Solo-Abendiled (Evensong)

(Schumann, arr, Squire). Colle SoloAir (Arranged on "Air

on 4th String") (Bach arr. Squire).

W. IL Squire, LX23. 10.30 p.m. Rugby Mid-day Press

76, Robinson Road, of the loss of his ing in connexion with the murder Inspector McLellan that the defendant Austin-7 baby car, which was left in Wanehal yesterday morning when was seen climbing the drain pipe of outside his residence. A Joyrider is nunpected.

a coolle was done to death by two 9, Stono. Nullah Lane and a Chinese men in the full view of passers-by detective who was on duty raised the News. So far, the wanted men have not alarm, running up the stairs, and 10.85 p.m. (approx:) Clone Down. been located.

shouting to the inmates that a thiof All Colambia rocards in the above The total collected by Rose Day

programmes, - with tho was on the verandah. An occupant European sellers yesterday was $4,050.30. The Another of the vehicular ferries, from one of the houses rushed into exception of those kindly lenned by a Society of St. Vincent de Paul wishes the Man Kim, built to the order of the the street and caught the defendant nallatoner, are kindly supplied by

• 8 p.m. Local Time and Weather Report Elc.

8.3-9.15 p.m. Variety.

Cuban Love Song.

Ruth Elting (Comedienne),

Rose of Seville.

In The Morning.

Orchestra. CB494.

InG07.

Geraldo's Gaucho Tango

Norman Long (Comedian).

DB570.

DB729.

Jocy The Clown.

Rudy Starila (Xylophonist),

I'll Always be True.

Billy Cotton & His Band. CB208. Can Broadway Do Without Me?

Clayton, Jackson & Durante

(Comedians). DB153. Marigold.

Billy Mayer (Planist).

A Pair of Blue Eyes.

A

FIRST-CLASS tallor has

the knack of turning, out clothes which not

· only look but feel just right. A suit of that kind, however old, never loses its owner's affection, but not even we can make it last for ever.

Yet remember that our next one, will be equally good and wil! last as long.

Long connection with the best woollen houses has rendered us exceptionally expert in selecting materials that will appeal. Whatever we produce is good

our prices are

and

value

moderate.

Satisfaction Guaranteed.

SUITS

for

DAY or EVENING

WEAR.

WM. POWELL, LTD.

The Tailors of Fashion.

9, Queen's Road Contral Ice House Street Corner,

CRESIVAL

BA

Layton & Johnstone.

4783.

DB180.

The Song of Songs.

Quentin Maclean (Organist).

Farmyard Wallz.

DB603.

Continental Novelty Orchestra,

MR478. Liberty Bell March,

Grans Manned Bands Condt.

by James Ollyer. MR040. In Old Talbot,

Gatty Sellars (Organist), DE721. Too Late.

Ruth Etting (Comedienne), Lola Tango.

Geraldo's Gaucho Tango

Orchestra. CR194. The Willows.

Norman Lang (Entertainer).

Rio de Janeiro.

MRG07.

DB674.

DD720.

CB298.

Rudy Starita (Xylophonist). Roll On, Mississippi, Roll On.

Billy Cotton & His Band.

So I Ups To Him.

Clayton, Jackson & Durante

(Comedians). DB153. Hollyhock.

I Feel You Near Me.

Billy Mayer (Pianist).

$783.

Layton & Johnstone. Springtime Waltz.

DB180.

Continental Novelty Orchestra.

MR478.

MRG40.

Washington Greys March. Grand Massed Bands. 9.15-10.30 p.m.

Song-Andrea Chenler-La Mamma

Merta (Giordano).

Iva Pacetti (Sop). Song--La Forza Del Destine—

Face Mio Dlot (Verdi).

LX11.

Iva Pacetti. Piano Solo Sonata Appassionata

(In F Minor) (Beethovén).

Harold Bauer.

(These two rocords

leaned by a listener).

aro kindly

Song--Bronwon-Bran's Answer

to Matholoc and the Bard's Song

(Ellia & Holbrooke). Song-Branwen-Talieasin's Song

(Ellin-Holbrooke).

LX77.

John Coates (Tonor), Symphony No. 7 in A Major

(Beethoven. Op. 92) played by the Philadelphia Symphony Orchestra under the direction of Leopold Stokowski.

1st Movement-Poco sostenuto;

Vivace

2nd Movement-Allegretto 3rd Movement-Presto: Presto

meno asani; Prento

4th Movement-Allegro con

brio.

(Thir Sulto is kindly loaned by a listener).

Son-Der Lindenbaum (Schubert). (Continued on Previous Columns.)

Cadbury's

DELICIOUS. EVER SO SCRUNCHY

to thank the Indies who took charge Honkong and Yaumati Ferry Co, he descended in an attempt to escape. Mesars. Anderson Musle Co. The John D. HUTCHISON & CO. of the various districts, as well as the | Ltd. In to be launched at Kowloon The accused was sentenced to two Victor and H.M.V. records are from Bollers, for their unremilting work. Dock on Wednesday at 6.30 p.m. nionths' hard labour.

Messrs. 9. Moutrio and Co.

وضاع

A cold draught

is sufficient to bring on a serious attack of bronchial catarrh. The neuzliktig cough le a trouble in your ́social engagements. In addition, it robe you of

sleep and makes you dull and fit for work.

Don't waste time in trying this, that or the other remedy bronchial catarch sasily becomes chronic but taka CRESIVAL at o ɔcal loosens the phlegms, alliys the cough and gets rid of the catarrh certainly and qukkły,

CRESIVAL has a pleasant tasta, and in facefore readily taken even by children.

When buying, see that you get the original package with the BAYER GROSS.

'CRESIVAL'

ANNOUNCING

GALA

DINNER-

-DANCE

TH 1a.m.

Reservations

'phone

27775

AT THE

December

3

Saturday

Repulse

-Bay

Hotel

ENTERTAINMENT BY

FRED PIERCE

VERSATILE AMERICAN VAUDEVILLE ARTISTE

MUSIC BY THE "LINCOLNS" DANCE BAND.

The Hongkong & Shanghai Hotels, Ltd.