1935-03-29 — Page 18

Fast Track

For Grand

THE HONGKONG TELEGRAPH.

OXFORD

FIRE INSURANCE

MEETING

ROWING

National STRONGLY

GOLDEN MILLER

WANTS RAIN

PLENTY OF OPPOSITION

Aintree, March 28. Golden Miller's Jockey wants plenty of overnight rain before the Grand National, which is to be run to-morrow. Golden Miller is favourite, but he carries over twenty pounds In handicap weight.

BETTER TIME THAN CAMBRIDGE

PACED OVER COURSE

(Special to "Telegraph")

A SATISFACTORY. POSITION

FUTURE HOPES

FRIDAY, MARCH 29, 1935.

REDUCING HIGHWAY

DEATHS

SPEED LIMIT A FACTOR

FEWER HURT JN BRITAIN

(Special te:"Teingraph") Tom (Dy Telegraph. Copyright. Telegraphe 23. 0.15 a.m.)

= RADIO BROADCAST

Relay of Grand National From Daventry

STUDIO CONCERT

From ZBW on a wavelength of 150 metres (845 kilocycles) |

4-7 pm. Chinese Programme. 7 pm. Stock Quotations. 7-03-8-p.m. Programme of records

Bong Man River ("Showboat"). kindly loaned by a listener. Songs-My old Kentucky homo.

Paul Robeson (Bass). Orchestra-Morgenblatter-Waltz

London, March 28. The first week of the thirty-Orchestra Blue-Danube-Waltz

(J. Strauss).

(J. Strauss).

don's built up areas has resulted Humorous They're always together.

in a decrease in casualties.

The difference is not very groat, but is is definitely there.

"A very antisfactory position was disclosed in the 1938 repórt made by the Chairman (Hon. Mr. J. J. Paterson) of the Hongkong Fire Insurance Co., Ltd., at tho annual general meeting of share. holdora held at the offices of the General Managers." thy Telegraph. Coryright. Telegraphic Jardine, Matheson & Co., Ltd), (Messrs. enger Ordinance, Jash. Received, Mares to-day at noon.

2_p.m.).

London, March 28. The Secretary (Mr. F. C. Hall) Oxford's crack eight-our crew having read the notice convening the swept up the full course on a meeting, the Chairman said: Gentle mile an hour speed limit in Lon- The present fast course might trial in the reverso direction of the having now been in your hands for enable some of the others to stay Mortlake-Putney run to-day and in the prescribed number

nien, The report and accounts better than they would under Bevere conditions, Golden Miller's botter time than that required by propose, with your

of days, rider anys.

permission, to Cambridge a few days ago. follow the customary procedure of Trainer Anthony is not without

Oxford's time was 19 minutes taking them as read. Your General hopes, having Thomond, the 31 seconds and is rated a smart Managers and Consulting. Committee. American entry, and Royal Ran- Performance.

are pleased to be able to place before nom in the race. Thomond is

that for the year 1933, now under you such a satisfactory Account as second favourite.

review, the more particularly so when it is taken into consideration that the whole, world is at present in a most perplexing state. Nothing is more

The week previous, before the sensitive to depression than in-speed limit came into force, 100 Auraneo, for It is to commerce that persons were killed and 2,870 were A feature of to-day's pull was tions of "dearth"

we look for our revenue, and condi- injured. the high rate of stroking, begining Blected in our accounts. That

are quickly re-

These figures were issued by the at thirty-five to the minute and outturn for 1933 is so favourable is at the same time it was recalled the Ministry of Transport to-day, and finishing at thirty-six. The stroke due partly to the continued support of that for the corresponding period never dropped below thirty-two-our many friends and partly to the Reuter Special.

fact that the percentage of proft was of 1934 the road tol! was more than usually high; bumper re-higher, being 128 killed and 2,840 sults cannot be expected every year injured. and a review of our past reports and accounts will show how prosperity appears to run in cycles.

All others will welcome a fast course and way their horses are Hood Jumpers and stayers- Router.

U.S.. GOVERNMENT CUTS BORROWING

RAPID INCREASE IN CASH HOLDINGS

Cambridge had done the same stretch in 19 minutes 61 seconds, but, unpaced, whereas Oxford was aaslated by four crews, travelling in relays.

Conditions for the trail were almost ideal.

COTTON PRICES DROP AGAIN-

Washington, Mar, 28. The United States Government's money is increasing so rapidly that the Treasury has to-day an nounced that, as a temporary

New York, Mar. 28. measure, Governmental borrow-day prices were lower, due to a late

On the Cotton Exchange here to ings will be cut in half from the reaction that erased earlier re- beginning of next week.

coveries.

STRONG RÉSERVES

During the more propitious times, we have taken the opportunity to where they now stand, which renders strengthen our reserven to the point thent more than adequate for the volume of business that we transact augment in these highly competitive and which we find it most difficult to days. In 1928, my predecessor in this chair made an appeal to share holders to afford the Company a full measure of their support. I now re new that appeal and ask for all the assistance you can give us,

The increase in money is at- The strength of the spot basis tributed in the first place to ris- sustulied the old crop months which ing revenues, and governmental closed about ten points above the expenditures being less than ex lows. However, the new months pected,

Another important factor in points from the lows,

were weak and closed only four this connection is the making of] payments by banks who are re Administration has estimated the now being considered, which stands The Agricultural Adjustment tiring national banknotes.-United 1935 cotton erup to be around at $1.622.640.00, averages but poorly The premium income for the year, 11,700,000 to 12,000,000 bales-with those for the live previous years, United Press.

but this result is merely the natural sequence to poor trade and the higher exchange at which sterling has been taken for the purpose of our accounts as on the 31st December Inst; it is tly highest since the clone of the year 3028,.

Press,

U.S. SILK MILL CLOSES

PRICES REMAIN FAIRLY STEADY

New Bedford, Mass., Mar. 28, The Butler Mills here which employ over 850 people have been forced to close, for which they blame Japanese competition.

THREE PROVINCES

FIGHT FLOOD

LARGE SUM TO PUT DYKES IN ORDER.

cent.

In this first week 100 persons were killed in highway accidenta ter figure is one of the lowest and 2,851 were injured. This lat ever recorded since the days of fast motor iravel commenced.

much

too, the Ministry stated, that there It was a matter for comment, were 12 per cent. more vehicles on the roads this year compared with last-Reuter Special.

Hauptmann's Appeal Set

WILL BE HEARD IN

LATE JUNE

be heard on June 20, according to

Trenton, NJ., March 28. Bruno Hauptmann's appeal will an announcement made to-day.

Hauptmann, condemned to die in the electric chair for the murder of the infant son of Col. and Mrs. Charles Lindbergh, is still housed in the death cells here, within sight of the door of the execution chamber, through which he has seen a dozen condemned taken already during his in carceration.-Reuter,

B.B.C.'S NEW CHAIRMAN

LORD BRIDGEMAN ·

APPOINTED

The ratio of losses works nut at 41.49 per cent as against 50,81 per ceat for the year 1032, while that for expeneca' fell from 47.64 per cent to Kaifengu, Mar, 28.

4364 per cent for 1933; the percen flood situation on the Yellow River, In dealing with the emergency

tage of profit resulting was 1494 per affecting three provinces, Hopei, fonan and Shantung, the Three

INTEREST SHRINKAGE Provinces Flood Prevention Com-provenient in working results, 1 would Against the above-mentioned ini- On the New York market silk mitten held-a-meeting here to-day call to your notice a prices were unchanged to one point approving the

fell of over lower and trading was very quiet. $1,080,000 for the strengthening that this is almost entirely due to the appropriation of $75,000 hi interest, as compared with The casiness of outside markets and repairing

the previous year, and would explain restricted business causing scat-sykes along the river.

of the endangered various loan conversions tered selling.

that have The Committee mended that $510,000 of the sum terest from sterling investments of taken place at Home and which have also recom- resulted in be granted by the Central Govern- almost exactly one-third. There is in the House of Commons that

a shrinkage in our in-

London, March 28. The Prime Minister announced ment, while the remainder be raised. likewise the factor of exchange which Viscount Bridgeman had been an by the three provinces concerned. at 1/8, as against Central NewR.

1/6%d, han caused yet a further contraction in

pointed Chairman of the British our sterling interest, when expressed Broadcasting Corporation in place in local currency, interest from silver of Mr. J. H. Whitley, who died securities has risen by over $23,000. last month.

The balance at credit of the Work- ing Account for 1934 3028,21-1.01, an increase of $32,743.82 over the carry forward for 1933, after twelve months working. It is early yet ta result of this Account but, granted venture an opinion as to the ultimate normal conditions, we have every

Dealers and the trade bought but the market was unable to maintain the early gains.-United Press,

C.E.R.. TRANSFER PROCEEDING

JAPANESE GRADUALLY

the

TAKE OVER

CHINESE EGGS IN AMERICA

EXPORT RESTRICTION

it in

PROTESTED

едка.

reason to hope that it will prove to be satisfactory.

The surplus to be dealt with at this

►

serve and the balance of $87,223.73 to

BONUS PROSPECT In making this

recommendation

·

Lord Bridgeman has been a member of the Board of Governors of the Corporation since 1933.

Mr. H. A. L. Fisher has now been appointed to the vacancy on the Board. Hr. Flaher is Warden of Now College, Oxford. He was Minister of Education from 1916 to 1922-British Wireless.

William McCulloch.

Humorous The Vegetable Blues. Orchestra-Noel Coward Medley.

Frank Orumit. - Humorous The Pensioner. Fox Trot-Out of nowhere. Humorous-I miss a little miss.. Fox Trot-Thank you most alacerely, Humorous Three little words.

Frank Crumit. Fox Tro-Rag Doll. Fox Trot-Laughing Marionette,

8 p.m. Time and Weather Report. 8.93-8.15 pm. Talk on "Flower Day for the Society for the Protection of Children" by Mr. G. P. do Martin. Announcer, Miss Lorine Nash at the 8.15-8.30 p.m. KZRM's star feminino piano is 2's

8.30-9 p.m. Relay from Daventry, ed by Henry Hall,

The B.B.C. Dance Orchestra direct-

0-0.45 p.m. From the Studio. Mrs. R. Sanger-Soprone. Madame H. Arnold-Cello, Mrs. G. W. Grigga--Pianoforte..

1. Songsi

Programme.

Richard Strausa. Dream in the Twilight, Crown of my heart. Serenade.

Mrs. R. Sanger.

2. Sonata in A Minor.

Caix d'Hervelaix (1670-12). Preludio.

(b) Gavotte.

(e) Papillon.

(d) Minzel,

Madame II. Arold and Mrs. G.

W. Griggs,

3. Songs:

The Star

April

Birthday Song

Rogers.

Rogers. Huntington- Woodman. Mrs. R. Sanger.

9.45 p.m. Prees Bulletins, Stock Quotations.

numbers from "He Wanted Adven- 9.00-10.20 p.m. The entire muzical turo" with Babby Howes, Judy Gunn, Marle Burke, Raymond Newell, Wylie Watson Theatre Chorus and Orches tra

.10.20-10.30 p.m. A Venetian Bar carolls Serenade (arr. Willoughby).

The J. H. Squire Celento Octat. 10.30 p.m.. Reuter Presa Bulletins, Rugby Mid-day Press News, Further London Stock and Commodity Quota- tions.

10.33 p.m. Relay from Daventry. 10.45 pm The Grand National A Running Commentary by R. C. Lyle and W. Hobbisk, Relayed from Aintree, 'near Liverpool,

11.30 pm. (Approx). Clone Down.

CORRESPONDENCE

Cathedral Retirements

The Editor,

Hongkong Telegraph

P. S. CASSIDY.

Sir, The Colony will shortly be the Very Reverend Dean Swann losing two well-known figures in Harbin, Mar. 28.

and Mr. Frederick Mason. The The transfer of control of the

Cathedral Council is organising Chinese Enstern Railway to the,

presentation funds and has circu- hands of the Manchukuo-Japanese

larised members of the Cathedral authorities has been carried out

Nanking, March 29. learned in local official smoothly and without any incident circles that the Nanking Foreign meeting is $627,223.73, the balanco of

congregation. As, however, the Dean and Mr. Mason have many since the formal announcement of Office has instructed Dr. Alfred Account 1933, and we now recom- optimiam would be quite impossible.

friends not connected with the the transfer, except that the pro- Sze, Chinese Minister at Washing mend the payment of a dividend of gress of the transfer on the western ton, to lodge in protest with the $10 per share, together with a bonus now about to propose, has been duly hospitality of your columns to After the resolution, which I am Cathedral, we shall be glad of the. section is somewhat hindered by American Government against the which will nogor) $140,000; the ap to the best of my ability, any que presentation funds (limited to 35 of $1, making in all $11 per share, Rudden death of a Japanese restrictions imposed on the impor-propriation of $100,000 to Silver Re-lona which shareholders may wish in each case) will be gladly received seconded, I shall be pleased to answer, announce that subscriptions to the engineer-in-chargo.

tation of Chinese All locomotives on the Railway have been manned by Japanese the Chinese Legation at Washing

According to A message from Reinsurance Fund.

to ask. I now propose the following by any of the undersigned or may be resolution:That the report and paid in direct to the Chartered drivers while the majority of the ton, the matter is being taken up

accounts, as presented, including the Bank of India. The presentations posts of minor railway employees with the State Department and a

payment of a dividend of $10 and will be made at a reception to be are given to Manchukuo natives.- satisfactory settlement of thin case with regard to the continuation of Reserve of $100,000, the transfer of day, 8th April, at 5.30 p.m., tea of a bonus of $1, making in all $11 held in the Cathedral Hall on Mon- Central News.

por share, an addition to the Silver Is expected shortly-Central News. the payment of a bonus of $1 per $87,223.78 to tho

share (It can no longer ba. termed Ruranco Fund, and the payment to

credit of Rein- being served from 4.45 p.m. DAY BY DAY NEWS IN BRIEF

an "Exchange" Bonus) your General the staff of 15 per cent. upon their F. T. BOSWELL, LT. COMR. L.N. A. BREARLEY. Managors and Committee, have felt PEACE IN THE NATURAL HAPPY.)

that us the year 1938 has turned out salaries, be adopted and passed."

The report and accounts were STATE OF MAN WAR IS CORRUPTION cases of Typhoid were reported toate; however, they wish

Ono case of Small-pox and two satisfactorily, it is only equitable seconded by Mr. D. V. Steavazon, and

that the Shareholders should particip adopted... AND DISGRACE-Thomson,

the local Health authorities

it to be Wednesday,

quite clearly understood that should

OTHER BUSINESS Chan Sum, 17, charged with the

exchange continue to rise and busi Sir Robert Ho Tung, Mrs. C. theft of an unfinished cloth jacket,

His Excellency Sir William

Sir shall be much obliged if ness to fall away, there can be no Barnard Brown and Kwong Chau, 21 charged with will preside at the sixth and last additional $1.

Feal alternative but to discontinue this L. Dunbar, Felix A. Jospeh, T. EB your paper to acknowledge my

you will kindly allow me a space in. A. H: Compton, stealing a brass kettle Tum No, 1 meeting of the English Association, Upper Station Street, pleaded guilty which will be held in the Helena May position, as

All the reserves aro In a sound Williamson, together with the Chair ladies and gentlemen who have Pearce, J. H. Taggart, and S. hearty thanks to the following before Mr. Macfadyen in the Central Institute at 6:30 p.m. on Tuesday, comparison of the balance sheet with re-elected to the

will be seen from a man (Hon. Mr. J.J. Paterson), were given their voluntary services to Magistracy this morning and were April 2, His Honour the Chief Jus sentenced to six weeks hard labour tice, Mr. A. D. A. MacGregor, wit as expressed in sterling show an Lo, seconded, by Mr. John Fleming. Hongkong Police Reserve at the

those of former years The astols mittee, on the motion; of Mr. M. K by the Chinese Company.

Consulting Com the dramatic entertainment given. oach. Detective-Sergeant P. Gufid peak on "The Function of Law in increase of close on £50,000 wharens Messrs. Lewe, Bingham & Mat- King's Theatre on the night of the prosecuted and stated that the do-, Society."....

of the fondant, Chan Sum, was caught in the

in local currency there is a decrease shows and Messrs. Perey Smith 28th March, which has proved to basement of the premises;

of approximately $840,000, this latter Seth & Fleming were reappointed bo a On a charge of being found on en- being the result of the rise in auditors at a remuneration of $1,600 bo a great success. closed premixes on the second floor of change of which I havo already each, on the motion, of Mr. N. VA Sentence of three months hard la- No. 7 Wellington Street at 6.10 a.m. made mention. bour was passed by Mr. Macfadyen yesterday, for an unlawful purpose,

Our thanks are particularly due In the Central Police Court this morn-Chan Wing, 30, unemployed, appear usual bonus of 15 per cent, on their

I trust you will approve of the Lo

Croucher, seconded by Mr. M. H. Lan-hing and Wai Shiu-long and

to Mr

Mr. Ma Sza-teang, Misses, Tam ing on Chán Ng, 23, unemployed, for ed before Mr. Macfadyen in the Cen salaries, being granted to members son (Chairman), Sir Robert Ho Tang, Yat-on; Tung Harp-wan and Lo the theft of two woollen and one tral Maglatrney this morning and was of the staff who have worked wall Mensra. C. Bernard Brown, La Dun- Man-woon, and all the other artists Present were Hon. Mr. J. J. Pater. Messrs. Fung Sing-teang, Pun cloth jacket from No. 1 Tung Shing fined $26, or three weeks imprison; during the year. Lane, Det-Sergt. P. Guild stated that mont. Detective-Sergeant R. J. Clarke there was a fire at the place yesterday stated that the promises were rented further which calls for special men

bar, Felix A. Joseph, T. E. Pearce, who took part in the performancs. and tenants in adjoining houses had by the Hongkong Hotel as residence tion by me. I have already roferred mittee) Mr. FC Hall (Secretary), J. H. Taggart, ST. Williamson to remove their belongings. Defan- for the "boy" Yesterday morning to the conditions under which we are and the following shareholders:

I also wish to thank all those dant was arrested later in Morrison one of the occupants discovered, the now working, but we have experiene Mesas D. V. Stoavenson, B. Hamp- Street with the stolen properly. The defendant trying to twist, the lock on od the like before and must hope for den Ross, M. K. Lo, M. HALO, NAVA accused admitted a previous convica rattan basket. Defendant was a better things in the future, as life. Croucher, Fleming and E top for stealing.

Kommer.employed at the Hotel.

to-day without a leavening of Raymond

121

Acknowledgments

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DANTE ALIGHIERI

·ASSOCIATION"

"RAPHAEL" TALK Mr. Y. P. Law, Mr. and Mrs. G. P. de Martin, Dr. and Aire. Y, S. Wan, Dr. Arthur Woo, Mr. H. Macnamara, Mr. and Mrs., Manual Rivera Iglesias, Mrs. E M. Ray mond, Dr. and Mrs. Pfister, Mrs. An interesting lecture

W..I. Gerrard, Mr. F. Alegre, Miss painter and sculptor was given Miss Julia Lam, Mr. and Mrs. Pe "Raphael" the famous Italian Macfadyen, Mr. D. W. Traimas,: on G. M. Cotton, Mr. and Mra QALA.

S., Editor of the Rock, under the tin, Mr. 11. S. Mok, Mr. and Mr yesterday by Rev. Fr. T. F. Ryan, Jacks, Mr and Mrs. Wong Kwong

Association, Hongkong, before a Mr. Mr. J. Breen, Mr. U Gonella, Among those present were: Hon. Mr. E, Seprant and many others. auspidas of the Dante Alighieri B. G. Birch, Dr. and Mrs. Moore, large gathering at the Jacobean Mr M. Cunfett, Mr. A. Piovanelll, Mr. J. P. Braga, Mr. and Mrs? A hearty vote of thanks was M. K. Lo, Sir William and Lady recorded to Rev. Father. Ryan, on Shenton-Mrs. De Precourt, the motion of the Hon Mr J Wel Tat, Dr. and Mrs. Sommers, Braga,

I do not think there is anything Members of the Consulting Com friends and well wishers, who so, Room of the Hongkong Hotel: Mr. Poinsot: Mr/J;8%HA Wann,

enthusiastically supported the en- tertainment which made it financial

ly a great success,

Chairman of the Committee.

I