1936-06-18 — Page 6

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 silver exchange fluctuations, a total of 12,400,000 have' been placed in circulation by the Treasury Department.

These coins represent a total value of $1,998,000, ten-cent coins being valued at $1,056,000 and five-cent coins, at $42,000,

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

This figure has been checked by the "Telegraph" Special Representative in painstaking manner. It is based on the over- nge of counterfeit ten-cent coins received by persons who cannot defect the count;fleits at the time of reception—hurches 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 850 worth of counterfeit ten cent coins were removed from Publiè 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 might pick the slot machines of public telephone booths in order to get rid of their counterfeit coins, it seems harilly likely that people who are conscientious enough to go to church every Sunday would deliberately unload counterfeits into the church plate. Therefore, the average of 10 per cent, counterfeits in church collections may be taken as a fairly necurate average for the whole of the Colony,

To the layman the detection of counterfeit ten-cent coins seems impossible.

Yet it is comparatively easy. The mised lettering on the coins is almost always blurred, and the counterfeits are of a distinctly yellow appearance.

Unfortunately, genuine

nickel coins do not "ring", so that the popular old-style method of testing for counterfeits is of assistance.

divided into five categurica.

Hongkong's legal fender IN

Firstly, there are bank notes, the excess of which over the Bduciary issue is now backed by cupro-Government certinentes of In

debtedness. The total number of notes in circulation at the end of 1935 was $136,217,200,

Opium Smoking · In Hongkong GOVT. SALES DOWN TO

ITS LOWEST LEVEL

NEW SI NOTES

In addition to bank notes, new Hongkong Government $1 notes, issued last year in order to pre- vent a shortage of currency, are in eirculation, the total value on December 31 being $1,280,000.

PIPE DREAMS GO UP IN SMOKE

large qunatities of opium and paraphernalia wère destroyed- in a bonfire at the District Chamber of Commerce in Shanghai inst week in celebration of the nuniversary of the buralng of opium 97 years ago by the Canton Viceroy. Representatives of Chinese public bodies, and The City Government attended the ceremony,

LOCAL PEOPLE WERE

AMUSED LAST YEAR.

SO

COLONY'S REVENUE WENT

"BOOM"

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.

During the year many more foreign mator cars were imported into the Colony than was anticipated, the Special Licencing Feas and. Foreign Registrations bringing in a revenue of $30,447, in- stead of the $16,000 anticipated.

Similarly. Government received a large windfall from Estate Duties, a total of $1,011,609 being paid into the Treasury under this heading. One estate aione paid $277.511 Estate Duty.

These Government $1 notes maxi ultimately he replaced by $1 bank Increased metered services gave the Government revenue notes, although the Telegraph" (of $2,031,978. instead of the anticipated rental of $1.900.000. is informed that this step in not contemplated for the immediato Even the Depression helped Government to reduce its deficit, future.

Currency, Ordinance, silver coins

for the increased number of distress warrants issued out of thes Supreme Court brought in fees totalling $33,907, an increase of

$8,907 over the estimates.

Although, under the December

were called in, from circulation,

The fact that more passengers ate of $220,000 to $124347; 80 many still remain in circulation, were carried by the China Motor serious was the decling in and they are still legal tender Bus Company's Buses and by the number of people visiting cinema the They comprise silver dollars and

800 fine silver sub-coin (5,10,20 Hongkong and Yaumati Ferryhouses that only $210,153 in -and-56-rout-coins) Eight-hun-Company also aided-revenue, the Entertainment-tax-was-received by tired Hongkong silver dollars re-estimated revenue of $200,000 Government, as compared with an Jentered the Colony from Macao in as Royalty from these sources

estimated revenue of $270,000. LESS than a decade ago the the mouth of March. They are being exceeded by $18,067.

constantly dribbling back from principal source of Colon-Ching to local banks, which im ial revenue in Hongkong mediately withdraw them from was from the sale of Gov-

BUT THERE'S MORE. ILLICIT SALES

ernment opium..

Last year

etrculation.

the. revenue HONGKONG from this source amounted to

only $353,714.

HAS NO DEBT.

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

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

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 The last Annual Report of the

external Public Debt. Superintendent of Imports and

Last year the inscribed steek Exports voiced-the fear that, on the contrary, the number of a Loans of 1893 and 1906, the 'sule dicts were on the increase.

remaining Overseas debts were redeemed. As a result of the Opium smokers, instead of buy- ing their opium from the Govern-resumption of these loans- ment shops, are purchasing it from amounthig to £1,485,733, the illicit divans. Thousands of these whole of the Public Debt of the are said to exist in the Colony. Colony became one based on

The fact that opium smokers are Hongkong currency. patronising illicit divans instead

decreased revenue, contained in the Annual Report of the Colonial Treasurer, make gloomy readiniz. Hongkong people drank less beer, wines and spirits and smok- ed fewer cigarettes and tobacco. As a result the estimated import duty revenue of $3,000,000 from these sources was down by $141,

On the other hand the tables of

on

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

RADIO BROADCAST

A Lightt Pianoforte Recital From the Studio

Z.E.K. PROGRAMME"

From Z.B.W. en a wavelength of 355 metres (845 kilneycles):

5.7 p.m. A Relay of the Hongkong Hotel Dance Orchestro.

Poeni

7pm. Orchestral Music. Ton Preludes Symphonis (int): Ungarische Lustspiel-Over. ture (Keler-Beln); Pomp_and_Cir- cumstance Marel No. 5 (Elgar).

7.10 p.m. "Reminiscences of Friml" played by Reginald Foort.

7.10 p.m. From the Studio,

A Light Planoforte Recital by Lilian Quian

Programme

1. Tontta and Fugue in D Minor, Hluch; 2. Arabesque No. 1; Arabesque No. 2 Debussy.

pan. Tinic. Signal, Weather Res pert, Stock Quotations and Annunce. iments.

$.05 pan. Chinese Studio Concert. ∙11 p.n.

Close Down.

8.05-10 p.m. European pro- gramme, frům ZE.K. on a fre torney of 410 klocycles.

8.05 p.m. "Symphony No. 44 in C (Mozart).

8.30 p.m. Excerpts from Mustent Comedy

Vocal Gems-From Erik Chayeil's "White Horse Jun"; Songs--Wanting You ("The New Moon"), Lover Come Back to me ("The New Moon").... | Lawrence Tibbett (Baritone); Selee.

tion-The Chocolate Soldier; Song HugnetteThe

Vagabond Kin

Love For Sale "The Vagabond

Norah Biancy (Soprano).

9 pm. A Relay of the Daventry News Bulletin and Announcements, (Copyright by Renter).

9.26 p.m. "Faust Frolics" and "Carmen Caprice",

9.30 p.m. Dance Music.

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

10.17 p.m. Cluse Dawn.

ZBESEN PROGRAMMES pertal.

listen

follows:

ונון

DIERTAMMEN fur. Far Eastern will fir bavadoņst "from Zresen

19.7 m 13,200 kr 1.30-3 D.M. 19.21 m 15,200 ke 4.42-4.16 2.7.

DJB

DJN

31.45

Dan

South

0.540 ke

4.45-8.13 p.m.

1974 m. 15200 kc 9p.m-12.30 .m

GOUTH ASIA ZONE

Asia Zone, Lroadrant from (19.54 metreat and DAN (31.46 meters)

455 p.m. German Faik Kont

& p.m. Her Youth Programme.

5.30 p.m.

DJE,

News and Review in English, 5,45 mm. Intermerzi by Brašima,

6 p.m.

A Merry Miscellany. 6.55 pam. News and Economie (eview In:

fierman. 7 p.m.

$ pm.

Concert of Light Music.

News in Eng!lch.

8.15 8.m. Grvelings to our Listeners In

Atatenila,

8.20 p.m. Topical Talk

4.35 pan. Concert of" Light Musle (enne

tinued),

KAST ABIA ZONE

„East, Asla Zone broadcast through P30 on 10.63 metres (15,280 ..) 1,35-3 p.m. Concert. Gewn at 2 pm,

1.05 p.m. German Filk Song:

p.m.-Greetings-in-our-Listener-in

the "Far Enat," -

9.10

5.15 p.m. News and Review In German, 930 p.m. "Ans Dort und Heide." 10 p.m.

News and Review in Enellah an DIN. 10.10 p.m. To-day in Germany. 10.30 p.m. National-Socialist Books 10.45 pan. A Programme of Surprises,

DAVENTRY PROGRAMMES

The following wave-lengihe and frequencies are observed by Daventry.

Frodency Wavelength

4,030 .. ,519 kc.

Blan

CBA

680

45C

0.MAS K..

GND

MULERE 41.5 metrom 31.37

cratres 11.700 .. 15.53 tre

THE

THES. K

*25.20* metroc

CSP

16,140 k..

15,82 metres

GRG

17,700.c. 1.80 melzu

GHIL

21,470

GAL

13,263 .c.

19.0 metree

GSJ

21.5 h.c.

19.81, maires

GSL

4.1.c. 49.14 metre

Transmission I

IOS:N. 6.5.8.1

13.97 ΣΙΡΙΣΗ

$2.30 p.m. Ben. "Alahamy Bound-

Moro people went into the Public instead of Private Wards in Hoapitala. Estimated revenue, (actual $88,849). Fewer children -as-a-result, was down by $11,151′′ 009.

went to school: revenue from this In addition, Government's estim-source declined from (estimated) ate of $1,070,000 revenue from $265,000 to (actual) $239,954. duty locally manufactured The Kowloon Canton Rallway, quors fell short by $171,712, which is past years has bem ona Milady also failed to help theof Hongkong's best money makers, Budget by purchasing

suffered severely from river-boat estimated quantity of Perfum competition and the loss of pg30 p.m. The News and Announcements. ery, so that Instead of $68,060 of its revenue through £1 new

Agreement revenue,Government received

with the Canton authorities. only 353,321, Motorists,, too.

As a result revenue parked their cars

fre-

was $299,480-below the estimate. quently during 1935, and gave, EXPENDITURE WAS DOWN Government n revenue of only $663,327 for Import Duty, in- stend of the estimated $675,000,

more

the

The expenditure for the year amounted to. $28,291,636, against an estimate of $32,551,102, a de- crcase of $1,264,466. The total sum of $28,291,636 is made up as follows: Ordinary Expenditure... $25,030,368 Extraordinary

Expendi

No. 2." The ... Empire Orkestrmes 1.30 p.m. Variety,

1 p.m.

Greenwich Time Signal at 210 pm. Transmission 2

(0.5.G., 0.8.4.1

7 pm Ben. Chelora Resch

3.30 pm. The Trocadero Cinema Orchestra, 7.30 p.m. Pianoforte Music.

R.p.. "Out of Bonis,"

#.15 p.m. The Philip Whiteway Ensemble. *.25 p.m. * Comes Tumbling After!" Greenwich Time Bignal s19 2.m.

The News and Annemarala. 9.20 p.m. ance Band Contrasts.

Transpission 3

30.0.0. G.S.F., G.S.D.)

10 p.m. Die Ben. “Is England Now." 19.17 p.m. The Central and n

Binjesty's Horni Air Pares.

I p.m., "Alabamy Bound"--N». 1. 1113 p.m. The BC. Dance Orchestra, ture P.W.D.

11.45 .m. 2,801,919

The News and Announcementa. Naval Arsenal Yard and

izvenwich Time Bignel at 12 12.25. Murray Pilcer and his Dand. Kellett Isldoveneas

459,149 Ordinary expenditure for the previous year was $27,364,990,

FEWER OPIUM PIPES Even Opium addiets smoked fewer pipes during 1936. Sales of Government Oplum were nearly 50 per cent. below estimates, re-, venue under this heading bringing Including the unredeemed por-in $362,714 instead of an anti of Government shops is explained tion of the 1934 three and a half eipated by the fact the Government opium per cent. Dollar Loan for $14, from illicit oplum was blamed by $660,000, Competition is more expensive, and also by 000,000, the entire Public Debb of the Government for the serious showing a decrease of $2,834,422. the fact that Government opium, the Colony is only $18,278,000. which is manufactured in Singa-

falling off in oplum revenue.

GALLANT FAILURE This amount is equal to about · One would Imagine that pawn- pore, as provod unpopular with | nine months revenue.

Decrensse were shown on all brokers would reap a harvest dur-Heads of Expenditure with the ex-CABLE TO HUGH RUTTLEDGE Hongkong's

EVEREST COMMITTEE'S · outstanding in- Last year, for probably the first debtedness is composed of $4,838,- ing a depreaslon, That such is not ception of: timo-in the somewhat unsavoury 1000 four

the case is disclosed by Govern- per cent. Conversion history of oplum in China, the Loan raised in 1933, and $13,440,-ment statistics, which show that Hongkong Government's revenue 000 outstanding 1934 Dollar Loan.ments were forced to close last

many pawnbroking establish Trom the anle of the drug was exceeded by the expenditure. The

year that Government's revenus actual deficit was $207.286. This!

from licences was $105,957 below is the amount it cost the Govern- An interesting exhibition of the the estimate of $270,000.

JUST COULDN'T AFFORD IT

the masses.

it.

How oplum revenue has fallen since 1930 is shown by the follow ing figures:

ald-school type of Chinese

water

ment in its effort to cope with colour palatigs, and metal engrav Opium nng to gradually eliminato ings, done by the well-known Chinese artist and post, Mr. Ma Chin-leg, is being hold on the sixth floor of China Building between now and June 24 dally, from 10 am to 7 pm. The ar- tist is an official attached to the Education Department of Kwangai, and ho is on his way to the Straits Settlements to hold a similar exhibi Alon. Entrance to be exhibition is entirely freo,

1901

1932

-1933

1931

1935

$ 3,019,724

2,414,220 - 1,152,862

655,088

352,714

Military Contribution, which

London, June 17.

of an estimate of $4,741,462; ——

The Mount Everest Committee scrit cost the Colony $4,763,943 instead telegram to fugh

Ruttledge, leader of the British expedition, ex- pressing sympathy at the failure to cost us $1,701,858 instead of the and being, "compelled to break off Miscellaneous Services, which reach the summit of the mountain estimated $1,616,210, duo princip, your gallant fight with the demon ally to the Jubilee Celebration, the mountain more ruthlessly than

olements which

inve defended depreciation of Sterling funds, In every sense, Hongkong Nent. Allowances to Government surely be shared by your country. ever. Our regret and sympathy will people couldn't afford to be officials and the vote for the Ilong-men the world over. amused last year. Betting at kong Travel Association;

We are glad to Happy Valley Racecourse slump-

think that your final effort has ed seriously; fewer people went on which exceeded the estimates which future expeditions may 'And Charitable Services, expenditure brought to light an alternative route to the cinemas, and people step-by $37,123, due to grants to the more practicable. We 'ped signing clits at the hotels, Tung Wah, Kwong Wah and Tunghaving been able, under providence, cannot con- eludo without Revenue from Bets and Sweeps Wah Eastern Hospitals and to the to bring your party off the mountain congratulating you on Taxation declined from an estim- Little Sister of the Poor,

without casualtyritin Wireless.

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