1935-02-14 — Page 7

THE HONGKONG TELEGRAPH

THURSDAY, FEBRUARY 14, 1935.

Financial Outlook

STERLING LIKELY

TO RECEDE

BRIGHT DAY. FOR CHINA

Washington, Fob. 18. Official British opinion has it that Washington, in view of the large American gold holding, must take the lead fa stabilisation by the reduction of tariffs.

Washington and London are determined to maintain managed currencies for the present. Tho pound should recede slowly in rolation to gold currencies unleas there is a marked unexpected up turn in British foreign trade.

It is improbable that the Gold Bloc could stand the pressure of further pound sterling deprecia- tion over a long period.

Britain, Japan, the United States and Germany are preparing for British Industrialists forengo a bright future for China.

Sir Malcolm Campbell, the British speed king, with his powerful racing car, Bluebird It, with which he hapes to attain a spead of 302 m.p.h. at Daytona.

commercial development in Asia. HONGKONG AND

The Liverpool Cotton Associa tion is considering revision of contracts providing for cotton other than American growths on a better basis. Swan, Culbertson and Frile.

MANCHUKUO WARFARE

VOLUNTEERS RENEW- ACTIVITIES

Mukden, Feb. 14. With the outbreak of a revolt among a group of Manchukuo troops in Chinchow, anti-Manchu kuo activitica appear to have been increasing in other places in Liaoning Province in support of the revolt.

SHANGHAI BANK

DIRECTORS' REPORT

FOR 1934

NOVEL BATH

HEATER

NOW ON SALE IN COLONY

COMMONS DEBATÉ ON UNEMPLOYMENT

RADIO New

BROADCAST

Children's Concert From

The Studio

Z.E.K. PROGRAMME

From Z.B.W. on a wavelength of

355 metres (845 kilocycles):

Dance

5-8 p.m. European Programme. 5-0 p.m. A Relay of tho Orchestra from the Hongkong Hotel Roof Garden (by courtesy Management).

of the

0-0.30 p.m. Childrens', Studio Con- cort-Unclo Poter, numerove Aunts and Uncles, will give. a talk on "Plantation Songs", (with lots of Choruses).

assiatod

Summit

Shirts

by

6.30-7 p.m. A Relay of the Dance Orchestra from the Hongkong. Hotel Roof · Garden (by courtesy of the Management).

7 p.m. Closing Local Stock Quote-

tions,

7.03-7.30 p.m. Light Opera,

Vocal Gems-Patience (Gilbert-and '

Sullivan). Selection The Gypsy Princess

(Kalman).

Vocal Dust-The Swing Song

("Veronique" Messager).

Winnie Molvillo And Derek Oldhant. Selection-The Reggar's Opera

(Austin).

+

7.30-8 p.m. Concert Items. Pianoforte Solon-Prelude in G Minor, Op. 23, No. & (Rachmaninoff),

Marcho Militaire (Schubert},

Macha Levitzki.

Songs-My Man (Adams). Sleep On ("Helen) (Offenbach).

Winnie Melville (Soprano). 'Cello Solos Serenade ("assan" Melody (Daven).

Beatrico larrison. Songs I Love you soThe Merry widow (Lehar).

Kathleen Mavourneen.

Richard Crooks (Tenor). 8 p.m. Local Time and Weather Re

8.03.10.30 p.m. Chinese Studio Con-

port.

cert.

CENSURE MOTION HAS NO CHANCE

London, Feb. 13. A mort useful household appli-1

Seldom has the House of Com- The report of the Directors of the ace which provides hot water at Hongkong and Shanghai Banking

cost, had just mees shown such a nasty temper Corporation for the year ended Dec practically no

net reached the Colony, and is creat-na in the debate on the Emergency-Delium). ember 31, 1934, states that the profits for the year, together with ing considerable interest at the Bill for suspending the Unemploy $3,462,728.10, balance brought forward showrooms of Messrs, C. E. Warment Act, by which the old rates of pay are to be maintained, except from last account, after paying alren & Co., Ltd.

where inferior to the new scale. charger,

deducting interest mid and

Known as Malleys Original The Bill was passed a second time bad due, and making provision for

Chip Bath Heater, It represents last night unopposed. and doubtful accounts and contingen the first solution of the hot water cica, amount to $16,407,425.46.

It goes without saying that the The Directors recommend writing problem in homes where gas and off Bank Premises Account the sum electric heating facilities were Socialist motion of censure, which

non-existent. This

9.30 p.m. Reuter Press Bulletins, wonderful will be raised to-morrow, declar of $1,000,000.

After making this transfer, deduct little heater, designed on the lines ing that the Government has for- London 1 p.m. Stock and Commodity 10.30 p.m. Reater Press. Bulletins; ing the interim dividend of $3 per of the usual geyser, was originally felted the confidence of the coun: Quotations, share, paid on 13th. August last, invented in Australia as far back try, will be defeated.

The debate to-day, however. Rugby Mid-day Press News, Further viz£480,000 @ 1/6% -30,400,140.- as the early nineties, for use in

to

The Director, the back blocks. Since then, it revealed a deep dissatisfaction in London Stock and Commodity quota- 85, and remuneration

Socialists tions. quarters. appropriation is estimated that several millions all thoro remains for A bridge of the Szupingkai 38.914,213.50, out of which the Dire of these appliances have been pointedly exonerated the Unem-

tors recommend the payment of a Yoonan Railway, at Cho-chia-tan, final dividend of £3 per Share, viz, used throughout the world, and ployment Assistance Board, from was destroyed by a group of £480,000 which, at 1/8, the rate of the prosent-day models are used which the Cabinet deduces that the Chinese volunteera yesterday, the day, will absorb $6,819,512.20. in many homes where all the usual Socialists intend to make as much causing the complote suspension The balance $3,204,701.30 to be heating facilities exist, solely on capital as possible out of the pre- of their remarkable sent crisis in order to discredit the of traffic on the whole line.

Government, simplicity and economy. Another group of anti-Manchu-count.

Both Conservatives and Liberals The fire chamber is constructed kuo troops, while advancing to! The sterling equivalents of the

at to consume anything in the way insist that it is the Board which ward the city of Mukden, into contact with a party of 1/8%, the rate ruling on the last day of wood chips, shavings, old paper, has lost the country's confidence, Japanese-Manchukuo troops at a

etc., and the combustion is so per- and that it must be 'reconstituted point about twenty miles from Directors. Mr. S. H. Dodwell has fect that only a light ash remains both in method and personnel. circum-Many condemn the principle which Mukden on the night of Tuesday. been elected Chairn.an for the year which--under ordinary Tho fighting was described as 1935, and Mr. C. C. Knight has been stances--need only be removed takes the unemployed out of the

elected Deputy Chairman. The Han.

A small shovel is hands of the local authorities, who large number heavy. A casualties were suffered on both Mr. C. G. S. Mackie, Mr. G. Miskin once a month.

in provided for this purpose. In understand them as the and Mr. A. H. Compton retire aidos.-Central News.

rotation, but being eligible for re-appearance, the heater is neat and Board can never do. election, offer themselves accordingly. attractive.

Messrs. T. H. R. Shaw, J. J. Pater- non-and-J.-P. Warren, having left the

carried to New Profit and Loss Ac-account

came assets and liabilities are atown

HONGKONG ART

CLUB

ANNUAL MEETING

HELD

of

The annual general meeting of the Hongkong Art Club was held at the Helena May Institute re- cently and was well attended. Mr. Igaloaden Was in the chair.

The report for the past year was read and various matters dis- 'cussed.

of the year.

Colony, have resigned their seats and SAAR CONTINGENT takes that had been made. He

Mesara. C. C. Kulght, W. J. Kenwick and S. H. Dodwell have been elected to fill the vacancies.

Auditors. The accounts have been audited by Mr. John Fleming, CA. and Mr. H. R. Forsyth, C.A., who offer themselves for re-election.

POST OFFICE TO BORROW

BETTER TRADE, CALLS FOR EXPENDITURE

TO VISIT RHEIMS AND PARIS

10.35 pm. Close Down.

Z.E.K. PROGRAMME 8.30-10 p.m. European Recorded Music from Z.EK. on frequency of 640 k.c.'s.

8.30-8.55 p.m. Concerto in G Minor, OP 22 (Saint-Saens) played by Arthur de Greef (Planoforte) New Symphony Orchestra.

and

8-55-9.20 p.m. Variety. Songs Just by your Example. Dancing on the Colling,

Jessie Matthews (Soprano). Organ Solos-I Want to be snappy. Sidney Torch. Song Thora. Beautiful Garden of Roson.

Charles Kullman (Tenor). Pianoforte Boles Streamline - Selection.

Streamline-The Firat Waltz.

Vivian Ellis. Voen-Scenes from "My old Dutch with Betty Balfour, Michael Hogan and Company.

Central

Mr. Oliver Stanley, Minister of Labour, under heavy fire, accepted full responsibility for all the mis denied most emphatically that he had ever exerted pressure on the Board to alter the regulations for

9.30 p.m. Reuter Press Bulletins, the sake of economy, and he also London 1 p.m. Stock and Commodity emphasized that a new scale would Quotations. be found to grant many increased payments.

London, Feb. 13.

Nobody can attempt to predict The French Government, wishing the outcome, but there is a general to do special honour to the British feeling that the Government la cut- and Italian detachments of the ing an unhappy figure, and that Saar International Force on their the taxpayer is paying heavily for return from the Saar, have invited some person's bungling. This has contingents of the two detachments

the feeling that Intensifted

found.-Our

be

to break their homeward journey scapegoat must through France for 24 hours in! Own Correspondent.

Lady Southorn, O..E., has kindly

order to visit Rheims and Paris. consented to act as President and

This invitation has been grateful- London, Feb. 13. the following members were elect- ed to the Committee:-Mr. G. W. Increased Post Once expendi-ly accepted on behalf of the British Arnold, Mrs. C. B. Brown, Mr. Lale ture, attributable to recovery in detachment-British Wireless. Chan, Mr. S. Igglesden, Mrs. O. P.trade and industry, combined with Joco (Hon. Sec.), Mr. A. S. King an increase in telephone sub- (Arts and Crafts Section), Colonel scribers and trallic following a

L. C. Lewis, Mrs. Macfadyen, Mr. reduction in the rates operating since last October, is provided for

F. S. Nicholls, Mrs. Pfister, Mra,

in a Bill now published.

In 1936-36 an expenditure of

SENSATIONAL TRIAL

SWEDISH BARON CHARGED WITH EMBEZZLEMENT

HISTORY WRITTEN IN ODD PLACES

(Continued from Page 6.) * production, have gradually shaved a good two inches off the circum- ference.

Now Wo eat modestly from smaller plates, and only the lavish or the conservative insist on porce- A Bensational trial openced here Inin. English pottery, a busy 400 Its rough beginnings, to-day, when Baron Nils Fredrik years from

our tables in

endless Stlernstedt, former Swedish Court furnishes be held at the Holena May In-memorandum atates that If the Chamberlain, was charged with variety and at no great expense. Swedish Artists like Brangwyn and Laura titute on February 25, at 4.80, rate of development continues, embezzling funds of Anyone interested in or anxious to fresh borrowing powers must be Orders of Chivalry, totalling 62,- Knight make designs for its plates Join the club will be welcome at sought before the Autumn of 1938.000 kronor. the meeting or particulars can be-British Wireless.

G R. Sayer (Hon. Treasurer).

The Hong Kong Art Club is open to all artiste, professional or £9,467,000 wil be required for tele umateur, resident in the Colony. phones, and of £1,063,000 for Monthly meetings aro held where postal and telegraph services. members exhibit thir works for The Bill socks authority for the criticism. The next meeting will issue

obtained from the Hoa Sec., Mrs.

O. P. Joce, 800, Nathan Rond.

SILENCE ZONES

MAY OPERATE FULL

24 HOURS....

London, Feb. 13.

of

£34,000,000,

bul

OVERSEAS TRADE EXPANSION

GRATIFYING. BRITISH FIGURES

Stockholm, Feb. 13.

9.35-10 p.m. Band Music. Americana (Thurban),

Reminiscences of Scotland (arr.

Godfrey),

Poot

and Peasant Overturo (Suppe, arr. Retford).

10 p.m. Close Down.

ZEESEN PROGRAMMES

This Evening's Broadcast From The German Short-Wavers

for Far

Earth Spectat

EFORFATTE Hietaners will be broadezat from ZowUT DA Callow

SOUTH ABIA ZONE Bath Asia Zone, broadcast from D3D, (19.74 metres) and DJK ($148 metros),

kp.m. DJA, DIN Announcement (Germ.. Enxl) German Folk Bear Pre gramme Forecast (Derman, Eng lah). B.m. Young Gile as Trip through

their Elameland.

6.30 pm 240 p.

1

News in English,

Bymphony Concert. Villn Con- ceria in A mujer by W. he Mourt. Solout: Falmund Metsels Un. Conductor: Werner Lichter itelchliem.

4.50 p.m. Neve in German,

p.m. Concert » ltabt music.

News in English.

8.18 p.: Close down DJR, DIN (Germ..

Engl.)

EAST ASIA ZONE

and dishea; the Potteries blacken 8 to 4tres, and DIN (81.68 metres).

their industry.

He was also charged with em-the Midlands with the smoke of bezzling 3,000 kronor belonging to A long step from the bread Prince Carl. Accused declared tronchers of the age of chivalry! that the latter sum was a loan, but And almost as far from the expon- this was denied on behalf of Prince elve chinoiserie of Queen Anne's "The case was adjourned for a porcelain and the gargantuan din- medical · report on the Baron'sner services of our grandmothers. mental condition-Reuter.

Carl.

POLAR EXPEDITION **

ALL IN GOOD HEALTH- HUNTING WALNUS

..Perhaps in another fifty years eur grandchildren will be eating their cheerless vitamine from po Hished wafors of nickel and steel.

BELGIAN APPROVAL.

WILL SIGN PROPOSED AIR PACT

London, Feb., 13.~~ Board of Trade figures for over The Transport Minister, Mr. Hors Belisha, in the House of Com- seas trade in January show a sub- mons, announced his willingnessstantial expansion in exporta, as to give favourable consideration to compared with the corresponding any application from local authori- month of 1934, and a moderate in

London, Feb. 18.

London, Feb. 13. ties for an experimental extension crease over the December figures. of the silence zones during the Re-exports also show considerable A wireless message received in

The Belgian Government has ex- London from the British Ellesmere Improvement. whole 24 hours.

Imports in January totalled Land expedition, led by Dr. Noct pressed satisfaction to the British The ban on the sounding of motor

reached horns after 11.30 pm, after a £61,931,000, against £68,268,000 in Humphreys, conveys the first news and French ambassadors in Brus

£84,571,000 In of the party sluce their vessel, the sole at the agreement brief trial period in London only, December, and

Signalborn sailed during the recent Anglo-French Norwegian sealer,

conversations, and has asked them has been in operation for several January last year.

Exporte last month were valued south. months throughout Britain and

The message, sent from Thule, to tell their respective govern newspapers stated that to-day's at 86,481,000, against £34,300,000 Parliamentary questions, in reply to In December and $31,600,000 in reports: everybody woll. and enjoyments that Belgium will be pre- which Mr. Hore Bellsha made the January, 1984. Ro-exports totalling walrus hunting. The main nared to join the proposed Air statement,

Is based on demands ed £5,034,000, against £1,600,000 party is still in camp at Etab and Fact which it considers--would- respectively-will trek-north this week-British reinforce the modern European from certain seaside resorts and is- and 24,078,000

Wireless.

peace system. British Wirclees. land EpasBritish: Wireless.

British Wireless.

Eat Aula Zone broadcast through DJA 20 19.3. DIA, DIN Ansoenement" (Germ..

Engl.) German Folk Song, Fr Kramme Feroche) (Garing KaEL) 1.19 p.. Young Giria a Trip throug

thair Homeland.

on DIA nad 14.9.3 News

In Dutch en !p.m. Byasphemy Concert. Violin Concerta Is A maler by W. A. v.. Mesert.

Edmund Metseltin

11.16 p.M

Die German on DIA and

DIN.

11.30 p.m. Bame Entertaining Laro Blaze,

Little Boenes with Music.

! ¡2.15 km, Nowy in English en' DJA and la

Dutch on DJN

· 18.36 mm. _ Close down IIJA, DIN (Gera...

Engl.)

DAVENTRY PROGRAMMES

To-day's Broadcasting From

Four Transmissions.

The following ware-lengths and freemancion are berrved by Daventry.

Wavefenzià Cat Blas Frequency

GSA 4,05 ke 29.59 metru

21.15 metr Dat ke. CSD

31.38 MINE 25.33 metres

'21,41' mots

16.86 IX.ST. Metris

1332

CHI

11,759-ke. ...CBD'

12,68 k GHE

17,798 k.. 11.476-k.c 10.300 kr.

CBJ

Transmission

Zo-day's?. Brondes

through, 067, and, G54

Every Summit shirt is made with what are called Nat selting, gauntlet cuffs. This means that when, your, wrist is resting on a table, or desk your cut-links take pp their position comfortably ni the side out of the way,

The shirts are made of fine woven lustre, guaranteed not to shrink or fade. They in- corporate every refinement of tailoring that you expect to find in the most expensive shirts.

$8,50. $8,50, $10.50 Less 10% Cash Discount-

MACKINTOSH'S LTD.

Men's Wear Specialists.

Alexandra Building.

Des Voeux Road.

ARTS & CRAFTS

REMOVAL SALE

ASTONISHING BARGAIN IN DINING ROOM

COMPRISING:

FURNITURE

1. Extending Dining Table.

2 Arm Chairs.

6 Single Chairs.

1

Sideboard.

1 Serving Table.

TO CLEAR AT $405.00

ORIGINAL PRICE $810.00.

ARTS & CRAFTS

4A, Des Voeux Road.

BIG CAR COMFORT and SILENT SIX

PERFORMANCE

to the low price field.

and CHEVROLET

áre NEW

brought them there.

No matter how little you spend for a car, be sure that you get your money's worth. That's why we urge you to see and drive the new Chevrolet Economy Six.before you buy any low.price.car.

Call for demonstration at the

FAR EAST MOTORS

7 p.. Blg Bab. The Bath' Pump Enem

Orchestra.

14 a New Dance Muabet

Greenwich Time Biraal at 11 work

I pan. Introduétary Talks "The・ British

Industries Fair.”* The Right Le

Walter Ranciman, Mr. President

of the Board of Trade. :

6.15 pm. Interlude,↑

: 8.20 pm: The Belfast 'Wirulan Orchestra.

26, Nathan Road, Kowloon.

Telephone 59101.

CHELTENHAM Family Type

*.10 p.m. The City of Birmingham: 0 Re

18 p. Close Geek,-

Transmission Today's Drosdeias