1936-06-18 — Page 18

THE HONGKONG TELEGRAPH. THURSDAY, JUNE 18, 1936.

1,000,000 COUNTERFEIT COINS IN H.K. "Telegraph" Estimate Shows Huge Number Of Fakes Circulating

CHURCHES & TELEPHONE

COMPANY SUFFERERS False Ten-Cent Coins Easy To Fake: Hard to Detect

Since the new cupro-nickel subsidiary coins were minted last year to meet the shortage brought about by a total of 12,400,000 have silver exchange fluctuations, been placed in circulation, by the Treasury Department.

These coins represent a total value of $1,098,000, ten-cent coins being valued at $1,056,000 and five-cent coins at $42,000.

It is safe to state that in addition to the 10,560,000 there are at least one genuine ten-cent coins in circulation. million that are counterfeit.

·

This figure has been checked by the "Telegraph" Special Representative in painstaking manner. It is based on the aver- tare of counterfeit ten-cent coins received by persons who cannot. detret the counterfeits at the time of reception-churches and the Hongkong Telephone Company,

Treasurers of three churches approached by the "Telegraph" Representative state that 10, 12 and 9 per cent of their subsidiary Coin offerings each Sunday are counterfeits,

No less than $50 worth of counterfeit ten cent coins were removed from Public Telephone boxes by officials of the Tele- phone "Company last month. This represents ten per cent," of } the total takings.

While there might be some reason to believe that people: paight pick the slot machines of public telephone booths in order) to get rid of their enunterfeit coins, it seems hardly likely that

PIPE DREAMS "GO UP IN SMOKE

Large quantities of opium and paraphernalia were destroyed

in a bondre at the District Chamber of Commerce in Shanghai Inst week in celebration of the anniversary of the burning of opium 97 years ago by the Cantón Viceroy. Representatives, of Chinese public bodies and the City Government attended the ceremony,

people who are conscientious enough to go to church every Sunday LOCAL PEOPLE WERE

would deliberately upload counterfeits into the church “platē” Therefore, the average of 10 per cent, counterfeits in church collections may be taken as a fairly accurate average for the whole of the Colany.

To the layman the detection of, nickel coins do not "ring", so that counterfeit Jen-erpt coins seems the popular old-style method of testing for counterfeits is of no impossible.

Yet it is comparatively easy, jassÍMÉSTICO, The raised lettering on the coins i

Hongkong's legal tender is is almost always blurred, and the divided into five categories,

Firstly, there are bank notes,) counterfeits are of a distinctly [mi excess of which over the yellow appearance,

[filuciary issue is now backed by Unfortunately, genuine cupro-į Government certificates of In-

Opium Smoking In Hongkong GOVT. SALESİ DOWN TO ΤΟ LOWEST LEVEL

BUT THERE'S MORE

ILLICIT TRAFFIC ·

debtedness. The total number of poles in circulation at the end of 1535 was $136,217,290,

NEW $1 NOTES

In addition to bank notes, new Hongkong Government $3 notes..

TOO POOR

POOR TO BE

AMUSED LAST YEAR.

SO COLONY'S REVENUE

''BOOM''

RADIO BROADCAST

A Light Pianoforte Recital From the Studio

ŽEK. PROGRAMIME

From 2.D.W. on a wavelength of 365 metres (845 Bouyeler);

5-7 p.m. A Relay of the Hongkong Hotel Danes Orchestra.

pm. Orchestral Music.

(Lisa)

Symphonic

Poem

Lustspiel--Over-

Lure (Keler-Bein); Pomp_and_Cir- cumstance Murch No, 5 (Elgar).

7.30 pm. "Reminiscences of Frim)” played by Reginald Fourt

7.40 p.m.

From the Studio..

A Light Pianoforte Recital by Lilian Quinn.

1

Programme

Tocata and Fugue in D Minor, Bach; 2. Arabesque No. 1; Arnhesque No. Debussy.

pim. Time Signal, Weather Ke. port, Stock Quotations and Announce- iments.

8.05 p.m. Chinese Studio Coneurt. TI p.m.

Close Down. 8.05-10 p.m.

pro-

European gramme from ZEK. on П fre- quency of 610 kilocycles.

8.85 p.m. – “Symphony No. 14 in ("* -(Mozart).

8.30 p.m. Excerpts from Musical Comedy,

Vocal Gems-From Erik Charell's “White Horse Inn"; Song-Wanting You ("The New Moon"), Lover Come Back to me ("The New Moon").... Lawrence Tibbett (Baritone); Selec- tim-The Chocolate Soldier; Songs Huguntto "The Vagabond King" Love For SaleThe Vagabond King"

Norah Blaney (Soprano). p.m. A Relay of the Daventry News Bulletin and Announcements. (Copyright by Reuter).

1.20 p.m.

"Faust Frolics" and

WENT Carmen Caprice".

Although Hongkong's revenue for 1935 was the lowest since 1930, and was more than two million dollars below the estimated revenue, increased revenue was derived from several unexpected sources.

issued last year in order to pre-into the Colony than was anticipated, the Special, Licencing Fees During the year many more foreign motor ears were imported vent a shortage of currency, are in circulation, the total value on and Foreign Registrations bringing in a revenue of $30,417, in-. December 31 being $1.280,000. stead of the $16,000 anticipated.

These Government $1 notes may

ultimately be replaced by $3 bank notes, although the "Telegraph" informed that this step in not contemplated for the, inmediate future.

Although, under the December | Currency Ordinance, silver coins!

Duties, a total of $1,011.609 being paid into the Treasury under Similarly, Government réceived a large windfall from Estate this heading. Oŋo estute alone paid $277,511 Estate Duty,

Increased metered services gave the Government a revenue

of $2,031,978, instead of the anticipated rental of $1,900,000.

Even the Depression helped Government to reduce its deficit, were called in from circalation, for the increased number of distress warrants issued out of the many still remain in circalation,

9.30 p.m. Dance Music.

10 p.m. A Relay from Daventry." Big Ben Talk: In England Now" by Reginald Arkett.

10.17 n. Close Down.

ZEESEN PROGRAMMES Speelt programmes for Far Extern listeners will be broadenst from Zersen

Follow:

Jn

DJN

[14

10.75 m 15,200 ke 1.10.3 P.M. 19.7 m 15.00 ke 4.45.8.15 p.m. 31.45 m 0.80 ke 4.45-8.15 pm.

19.74 18,200 ke 8 p..-12.50 .tr

UOUTH ASIA ZONE

Snuth Anta Zome, raadcast from DJB, (18.74 metres) and DJN (81,45 metres).

4.55 p.m. German Folk Heng

p.m. filter Youth Programme.

5.30 pm. News and Berlew in English, 6.45. Intermezzi by Brahms,

6 p.m.

A Merry Miscellany.

6.4 p.m. News and Eranomic Review in

7.m. p.m.

Germon.

Concert af Light Musle.

New in Engibh.

A.15 p.m. Greetings to our Listener in

Astralia,

8.20 p.m. Topical Talk

8.33 B.m. Concert of light Murle feon-

Hoved).

EAST ASIA ZONE

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FURNITURE DESIGNED AND CONSTRUCTED

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CUSTOMERS HAVE THE SATISFACTION OF

Supreme Court brought in fees totalling $33,907, an increase of 10.63 metres (16290 al 120.3 p.m. Concert INSPECTING THEIR FURNITURE WHILST-IN- $8,907 over the estimates.

and they are still lokal tender They comprise silver dollars and .800 e silver sub-coin (5,10,20 and 50 cent coins). Eight hun dred Hongkong silver dollars re- entered the Colony from Macao in LESS than a decade ago the the mouth of Ming buck from Company also aided revenue, to

principal source of Colon-constantly dribbling

China to local banks, which im-estimated revenue of $200,000 ial revenue in Hongkong mediately withdraw them from as Royalty from these sources was from the sale of Gov-circulation.

ernment opium.

revenue.

Last year the from this source amounted to only $353,714.

*

In 1930 it amounted to $3,019,724 and in 1928 to $3,376,115.

Unfortunately, Government's decreased profit from the rale of opium does not indiente that there has been a simultaneous decrease in the number of ad- diets.

.

HONGKONG

'HAS NO DERT

OVERSEAS

HEALTHY FINANCES

As a result of financial resump tions of Stock Loans, Hongkong can now boast that it is one of the very few places in the world which has no-external Public Debt.

The lust Annual Report of the Superintendent of Imports and Exports voiced the Tear that, on Last year the inscribed stock" the contrary, the number of ad- Loans of 1893 and 1900, the sole diets were on the increase,

remaining Overseas debts"were"} Opium smokers, instead of buy-redeemed. As a result of the ing their opium from the Govern-resumption of these loans--- ment shops, are purchasing it from amounting to £1,185,733, the Hlicit divans.. Thousands of these whole of the Public Debt of the are anid to exist in the Colony. Colony became one based on

The fact that opium amokers are Hongkong currency. patronising left divans, instead

Including the unredeemed por-

The fact that more passengers Taxation declined from an estim- were carried by the China Motorate of $220,000 to $124,347; so Bus Company's Buses and by the serious was the decline in the Hongkong and Yaumali Ferry number of people visiting cinema Entertainment tax was received by houses that only $210,153 Government, as compared with an estimated revenue of $270,000.

| being exceeded by $18,057.

in

People were even careful that they didn't let their dogs run on the streets without muzzles, or court fines by other methods. Revenue from fines was $72,512 below the estimates More people went into the

On the other hand the, tables of decreased revenue, contained in the Annual Report of the Colonial Treasurer, make gloomy reading. Hongkong people drank less beer, wines, and spirits and smok ed fewer elgarettes, and tobacco. As a result the estimated Import Public instead of Private Wards duty revenue of $3,600,000 from in Hospitals. Estimated revenue, these sources was down by $141,- as a result, was down by $11,151 (actual $88,819). Fewer children

099.

In addition, Government's estim- went to school: revenue from this source declined from (estimated) ate of $1,070,000

from revenu

of Government shops is explainedtion of the 1934 three and a half per cent. below estimates, ro Extraordinary Js more expensive, and also by per cent. Dollar Loan for $14.venue under this heading bringing Naval Arsenal Yard, and

by the fact the Government opium

EL new

hows t..

9.05 pm. German Folk Bang.

9.10 p.m. Greetings to our Listeners in

the "Far East"

0.16 p.m. News and Review in German. 2.30 p.m. Aus Dorf und Helde,"

19 pan. News and Review in English on

DIN. 10.15 pins To-day in Germany.

10.30 .m. National-Socialist Book: 10.45 p.m. A Programme of Surprisen. DAVENTRY PROGRAMMES

The following wave-lengths and frequenėles new observed by 'Daventry.

Bign CHA

*SE

Frequency Warringth

8,050 kr. 49.59 metres

$1,55 maires

Muirer 15.28 metrom 19.82 Boltes

G6B GNC

0.010 ..

D.ORG .C.

31,30 meis

B

11,240 k-ci

25,63

11.865 k.c

*HP

36,20

K...

C80

17,700 kr.

G91

21,070 k..

(H)

16,280 k.c. 19.64

2155

UNI.

mofre

11.97 metrea

metre 21.540.c. 19.44 metres A.TIQ L.. 19.10 metres Trisilsson 1

(4.8.N.. 0.3.B.)

12.30 p.m. 13 52.

1 p.m.

No. 2.

"Alabamy sound-

The 1.0.C. Empire Orchestra. 1.50 p.m. Variety.

2.10. The, News and Announcementa. Greenwich Time Signal at 245 pm.

Transmission

10.5.0.0.8.1)

J 1.

De Ben. Chelves Beach,

7.30 pm. The Tescadero Cinema Orchestre.

3.50 pm. Pianoforte Murle

A p.m. "Out of Duors.**

. p.m. The Philio whiteway Ensemble,

M.25 ... Comes Tumbling After?"

9

tireenwich Time Signal at

The News and Announcements.

9.20 p.m. Dance Band Contrasta.

Transmission 3

16.8.6., 4.S.F., G.S.D.)

10 p.m. gen. In England Now." 10.17 p.m. The Central Band of Bajesty's Royal Air Force.

11 m. Alabamy found 11-29 p.m. The R.B.E. Danes Orchestra, 13.53 .. The News and Announcementa.

tireenwich Time Bienal at 12 m 12.16. Mursy Picer and his Band..

CORRESPONDENCE Share Gambling

duty on locally manufactured $266,000 to (actual) $239,054.

The Kowloon Canton Railway, liquors fell short by $171,712, which in past years has been ond Milady also fafled to help the of Hongkong's best money makera. Budget by purchasing the suffered severely from river boat estimated quantity of Perfum competition and the loss of part ery, so that instead of $68,000 of its revenite through

with revenue, Government received Agreement

the Canton only $53.321. Motorists, too, authorities. As a result revenue parked their cars more frewas $299,480 below the estimate. quently during 1935, and gavel EXPENDITURE WAS DOWN Government a revenue of only The expenditure for the year $663.327 for Import Duty, in- amounted to $28.201,436, ngainst stend of the estimated $675,000. an estimate of $32.561,302, a de- FEWER OPIUM PIPES crease of $4,264,166. The total Even Oplum addicts smoked sum of $28,201,636 is mundo up as fewer pipes during 1935. Sales of follows: Government. Opium were nearly 50 | Ordinary Expenditure ... $25,030,508.

Expendi----- ture. P.W.D.

2.901.91

Colony is only $18,278,000.

$352,714 Instead of an anti-

Kellett Isld. cipated

459,149 $650,000. Competition Ordinary expenditure for the This amount is equal to about the Government for the serious showing a decrease of $2,334,422, from illicit opium was blamed by previous year. was $27,364,990, nine months revenue.

Hongkong Telegraph.) Hongkong's outstanding

falling off in oplum revenue."

Decreases, were shown Last your, for probably the first lebtedness la composed of $1,838,-brokers would reap a harvest dur-ception of:

One would imagine that paten-Heads of Expenditure with the ex- all

Sir Hopeful's" letter in your time in the somewhat unsavoury 000 four per cent. Conversioning a depression. That such is not

issue of yesterday provide me with history of opium in China, the Loan raised in 1933, and $13,440, the case is disclosed by Govern-cost the Colony 84,763,043 instead can only be ascribed to a lack of Military Contribution, which assertions and raluminious aspersions unusual omasement. His dogmatic' Hongkong Government's revenue 000 outstling 1934 Dollar Loan.ment statisties, which show that of an estimate of $4,741,452;- from the sale of the drug was exceeded by the expenditure. Tho

knowledge of the true-conditiona pre- so many pawnbroking establish- Miscellaneous Services, which railing. actual deficit was $297,286. Thiế

ments were forced to close last cost us $1,701,858 instead of the ls, the amount it cost the Governold-school type, of Chinese

An interesting exhibition of the year that Governmont's revenuo estimated $1,016,210; due principalble stockbroker instead of present- He would be: wall advised to seek ment in its effort to cope with colour paintings, and metal engrav- the estimate of $270,000.

water from licences was $105,057 below ally to the Jubilee Celebrations, ing, perhaps unwittingly, a grossly reliable information from a respon- Opium and to gradually eliminato ings, done by the well-known Chinese

depreciation of Sterling funds, distorted pictare, by generalising, ap it...

Artist and poot, Mr. Ma Chin-lee, is

JUST COULDN'T AFFORD IT Rent Allowances to Government parently, in some Isolated occurrences. How opium revenue has fallen being held on the sixth floor of China

In every sense, Hongkong officials and the vote for the long- since 1980 is shown by the follow-Building between now and June 21 people couldn't afford to be kong Travel Association;

Personally, I think the Stock Ex- ing Agures:

dange should be congratulated for amused last year. Betting nt| Happy Valley Racecourse slump on which exceeded the estimates of a market that is a hive of activity Charitablo Services, expenditure the provision of an up-to-date service ed seriously; fewer people went by $37,123, due to grants to the and is daily attracting increased worki to the cinemas, and people stop-Tung Wah, Kwoog Wah and Tungie direct to condemned, seepilca..

wide attention, spart from giving the ped signing chits at the hotels. Wah Eastern-Hospitals and to tho Revenue from Bots and Sweepal Little Sister of the Poor.

the fact that Government opium, the

000,000, the entire Public Debt of in which is manufactured in Singa- pore has proved unpopular with the masses.

-1031

1932

1933

1994

1935-

$ 3,010,724 2,314,220

1,162,852

655.0GB *352,714

in-

آمد

daily, from 10 am to 7 pm. The ar- tist is an official attached to the Education Department of Kwangsi, and he is on hic way to the Straits Settlements to hold a similar exhibi- tion. Entrance to be... exhibition -is ontirely free.

оп

(To The Editor.

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