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HONG KONG & SHANGHAI HOTELS, LTD.
(Incorporated in Hong Kong.)
ESTABLISHF
No. 27,912 HONG KONG, SATURDAY, SEPTEMBER 26, 1931.
DELICATE PROBLEM
OF MANCHURIA
MEMORABLE MEETING OF LEAGUE COUNCIL
tion.
A SPIRITED DUEL
NEUTRAL COMMISSION · TO STUDY
SITUATION ON SPOT.
Spirited Duel.
Geneva, Yesterday.
of Manchuria.
POUND RALLIES
"
NO EXCITEMENT ON 'CHANGE.
STOCKS ACTIVE
INDUSTRIALS IN THE VAN.
SHARE MARKET
STEADY.
Rugby, Yesterday." The feature at the close on the |cil got to grips with the problem Foreign Exchange Market was a strong rally in the pound which For over two hours the pro- The President expressed satis-had weakened earlier in the day. -ceedings at the Council meeting faction at the Japanese state- The New York rate which was consisted of spirited Sino-ment regarding the withdrawal | 3.49 this morning rose to 3.775, while the Paris rate finished at Japanese duel; the latter's repre- of troops. sentative emphasised the in- Chinese and Japanese Statement. 941% after an adverse tendency. fluctuations are followed cerity of its Government's policy! After the disputants had read The and its resolve to withdraw all statements regarding the situa- without excitement as it is real-
Dr. Alfred
saidised that for some days there will Sze troops from occupied territories. Įtion,
China placed herself be considerable movements in ex- The Chinese representative re-that
in the futed the Japanese statements absolutely
hands of change until opinion in other fin- has had time to League. and reiterated a demand for the the
he ancial centres Meantime, appointment of a Commission of asked the Council to request accustom itself to the new con- Neutrals to supervise the evacua-Japan immediately to withdraw ditions. The Stock Market was her troops, and said that in spite again active, industrials leading A Concillatory Speech. of anti-Japanese indignation in-British Wireless Service, China no Japanese in China had Viscount Cecil was the only been molested in the past few He intervened days, proving thus the strength other spunker. conciliatorily and expressed the of the Chinese Government's opinion that the Council had
authority over the people. achieved Its purpose ander Arti- Commission to Study Situation. cle XI of the Covenant and de- Viscount Cecil said that it was clared that it was for the dis-dangerous to send troops to oc- putants to settle the difficulty empy cities with a view to safe. and, if this was impossible, the guarding the lives of one's na- matter could then be brought tionals. He asked the Council to again before the Council.
instruct the Neutral Commission The President adjourned the to study the situation on the sitting to enable members to re-situation on the spot. examine the matter.
Baron Yoshizawa said that he Memorable Meeting. had already replied to accusa-
Although the sterling value of To-day's Council meeting was tions made against his country the dollar made a further advance memorable sitting. It vividly Withdrawal of Japanese Troops.
this morning, share quotations The President said that the reculled the Italo-Greek incident! some years ago over Corfu. The Council would reckon on the dis- have kept up steady. famous Glass Hall. was crammed 'nute being settled with goodwill Banks changed hands at $1,790. with Journalists, League offi-by both parties. He hoped that cials and the public.
Japan would withdraw her troops After skimming over the or- as soon as possible, and noted dinary business of the meeting, the Chinese promise to protect Austro-Hungarian finance Japanese in the evacuated zone. the and the establishment of an In- He then readjourned the meet- ternational Agricultural Mort- ing to consult his colleagues. | had at $0. gage Credit Company, the Coun- Reuter.
RULES FOR TOBACCO RETAILERS.
Correct Stock Book to Be Kept.
The
BALANCED WEEKLY.
regulations appearing under the heading "Retailers' licence" in the First Schedule to the Tobacco Ordinance, 1916, amended in 1926, have been fur- ther amended by the addition of the following conditions:
The licensee shall keep on his licensed premises a stock book and make correct 'entrics therein, showing under separ- ate headings, the amounts of each kind or brand of tobacco, whether in the form of cigar- ettes or cigars or in any other} form, as soon as received.. Such book shall be balanced at the close of business on the last day of each week.
The amount of sales shall be recorded daily under each hending, but only the total amount of retail sales shall be
individual customer of tobacco
Features of To-day's Business.
BANKS CHANGE HANDS.
The officials summary issued by the Stock Exchange to-day states:
Cantons were put through at
$1,500, at which there were sellest at the close.
Unions were dealt in at $460. Underwriters could have been
H.K. Fires were on offer at $1,485.
Steamboats could have been ob- tained at $27.
Waterboats were in demand at
$28.
of value above $50 in the case of cigars and $20 in any other case from his premises shall fill in upon a foil and counter- foil a description of the tobac- co issued giving its nature, brand and price and the name and address of the person to whom such tobacco is deliver at $5.99. The new shares, ed, and shall chop the foll and being done at $2%, closed in "de- deliver it, as a pass, to the per-mand at this rate.
Docks were in request at $30. Providents (old) changed hands after
PREMIER RETURNS TO LLNDON.
Much Better for Holiday.
A BUSY DAY:
Rugby, Yesterday..
Prime Minister Ramsay Mac- Donald, who returned to London this morning after a brief rost in the country, attended the House of Commons. this afternoon, and a meeting of the Cabinet was held in his room. Afterwards he left for Chequers, where he will spend the week-end. He is understood to have greatly benefitted in health from the few days spent in the country.British Wireless Service, MONEY LENDERS” FEES.
Be Raised to
Year. The druit of a Bill to amend the Money Lenders Ordinance, 1911, is published
in the Government
Gavotte.
The objects and reasons state: Section 4 of the Money Lendera Ordinance, 1911: followed as lose!! ly as local circumstances permitted the form of section 3 of the Act of 1900 (63) & 64, Vict. E. 61),,, limited the restration and renewal fees for money, lenders to $10 and made registration and renewal effective Tor periods of thred years.
Section 3 of the Act of 1900 was repeated by section 19 of the Act. of 1927 (17 and 18 Geo., 21); under acctión 1 of which anuals money lenders exclao licences have to be taken out the excise duty being £15,
TO-DAY'S
DOLLAR. The closing rate of the dollar on demand, to-day was Is. 2d.
Manager
PRICE $3.00 Per Month.
RE-START OF RACING.
Medium Class, But Big Fields.
TO-DAY'S SELECTIONS.
4
TBy "Wombat.”]
The Eighth Extra Race meeting
TO CAR OWNERS
Use RUBBER Matting for the Floor and Running Boards of your Caṛ;
Washable.. Durable,
More economical than
Carpet or Linoleum,—
NEATER and' CLEANER.
Quotations from:
Telephone 24554.
Dunlop Rubber Co. (China), Ltd. Pedder Bldg.
FEDERAL STRUCTURE COMMITTER.
Lord Sankey Writing Report.
NEW SUB-COMMITTEE.
Rugby, Yesterday.
TO-DAY'S MENACE
"THREAT TO CIVILISATION.
General discussion on the dis- STABILITY LOST
resources
of the Hong Kong Jockey Club is tribution of financial set down for decision this after under the proposed now Indian noon at Happy Valley There are Constitution was concluded in the three divisions of the Jordan Federal Structure Committee to Handicap, two divisions of the day. A Sub-Committee, consisting Nathan Handicap, the Austin of twelve members, to consider Handicap; and three term races and report 'upon the "General prin with an Australian pony race to ciples on which the Federal sources finish the programme. With such and obligations of India should be a marathon it is necessary to start apportioned between the Federn Club will need to be in good brder, and severally and State units" early, and the organisation of the tion the British-Indian units joint to complete the card within the was set up under the Chairman- limita arranged. With Zorhan én ship of Lord. Peel. gaged in the Aggregate Stakes Mr. Meetings of the full Committee Chan Tin-son appears to hold all be suspended next week while strong hand as far as this coveted the Sub-Committer is sitting and, during the Interval, the Chairman, prize is concerned.
Kilrea has raced romarkable well Lord Sunkey will prepare a draft in, every start and the distance to report on the work already done. doy will suit him. He appeals as the outright winner. The Carnar
FOOTBALL MATCHES
CANCELLED.
BY ORDER OF INSPECTOR › GENERAL OF POLICE.
INFORMATION HAS BEEN *RECEIVED FROM THE SECRETARY OF THE HONG KONG FOOTBALL ASSOCIA TION TO THE EFFECT -' FOOTBALL: THAT ALL MATCHES DUE TO BE PLAYED TO-DAY AND TO MORROW HAVE BEEN CAN- CELLED BY ORDER OF THE- ♫ INSPECTOR GENERAL OF
POLICE
yent for
It is intended to provide, in the regulations made by the Governor in Council under section, 4 of the principal Ordinance, for an annual von Stakes, whichdie registration er renewal fee of $50: novice ridors, should be a hard This Dedinance therefore déletes finishing event as some fair class from section 4 (1) the limitation of ponies are engaged with more or the fee to $10 and by amendmentalees equal chances, to section 4 (2) reduces the effec tiveness of registrations, and re- newals from three years to one
4
The Handicap should go to Mike, which is one of Mr. W Stanton's best and this candidate has shown improved form recently.
Selections. Tor
are:
The important communal ques muxt week for, on Monday, the tion will again come to the front Minorities Committee, of which the Prim Minister is Chairman, will resung wark British Wireles Service
AUDITORS' FEES RAISED.
To Be Double From
January 1.
The Stamp Ordinance, 1921, is to be amended under a new Bill, the objects and reasons, for which are as follows:
The principal Ordinance requires
annual certificates in the case of
dentists,
barristers, architects, medical practitioners, pharmaceu tical chemists and solicitors prae- tising in the Colony.
The object of this Ordinance is to add auditors authorized to audit companies accounts, who practise in the Colony, and to raise the an- Section 2 defers the commence- nual fee from $25 to $50. the meeting ment of the amendment until January 1, 1932, so as to permit current certificates to expire.,
Section & and effect the amend ments contemplated.
Edenbridge. Mongolian Stag. Duke of Brittany. 2nd Race:
COLONY'S FINANCES 1st Race:
Surplus Slightly Lower
on June 30.
The Anancial statement of the Colony for the month of June, 1991, is now published is under:- Balance of assets and liabilities on May 31, 1931, *****
Healties were on offer at $15.85. Ewos were in request at T15.80. Expenditure from June 1
to 30, 1931 Shanghai Cottons were sold to the North at 95.
Balance
son receiving the tobacco. No Hotele (old) were dealt in at tobacco valued above $50 in $16.80, and at the close there were the case of cigars and $20 in sellers at this rate. The new Revenue from June 1 to any other case shall be issued shares were disposed of at $15.10.30, 193 ... to an individual customer from any licensed premises between the hours of 3 p.m. and 6 a.m. The licensee on receipt of any foil or pass issued under con- dition 4 above shall imme-
Trams changed hands at $224. diately on receipt of the tobne- co' covered thereunder cancel Peak Trams, after sales being such pass by drawing with ink put through at $14%, closed in de- two parallel straight lines mand at this rate. The diagonally across the face. All shares had buyers at $8.85. the aforesaid foils or passey Star Ferries were done at $95. received by the licensee shall
China Lights were done at $28
be kept by him for six months,
new
filed in order of receipt and and $28%, but at the close there ready for inspection on de- were buyers at $28.
Electrics, which were sold at mand by any Revenue Officer, $30, had further sellors at this
recorded daily where the NATIONAL ECONOMY:
value of the Individual pur-
chase does not amount to more
than $50 in the case of cigars,
and $20 in any other case. In
BILL.
figure.
Telephones (part paid) were in demand at $9012
Cements (combined), were the medium of sales at $19.10, and at the close could have been obtain
the case of sales of higher Amendments Defeated.ed at $19.
values to an individual cus- tomer the record shall contain
Dairy Farme were on offer at $32. Rugby, Yesterday.
Sinceres
the serial number of the pass To-day was the second of the Lane, Crawfords (old) had soll- issued under condition 4 below, three days allotted in the House, ofers at 18 were also on offer at
Every licensee shall keep a Commons to the Committee stage book of passes numbered con- of the National Economy Bill, and $184. secutively in a form contain- Opposition amendments to provi ing folls and counterfoils and sions relating to National Health approved by the Superinten Insurance and policy were defeat dent, and upon the Issue to an edBritish Wireless Service.
Constructions, cunt rights, wore done at $10.60, and had sellers at the close at $11. The 'rights were on offer at $2.
$10,075,116.90
2,445,495.22
$13,420,611.12 2,665,690.24
$30,565,014.88 .
The forthcoming weddings are of William Fletcher announced Leckie, of, 114, The. Peak, and Elizabeth McDonald Thomson, on route on the 8. Rajputana; and of Lancelot Henry Calthrop Calthrop, Assistant Superintendent of Police, and Margaret Monica Chapman, en route on the ss. Macedonia
RAIN LATER.
The weather report leaued by the Royal Observatory at 10,80a.m. states:
The typhoon is about: 100 miles North of Nagahaki," moving north-east.
The anticyclone is now con tral north-east of Hokaido,
The pressure is low to the east of the Pallippines.
East Forecast:
'winds, moderate; fall at first, some rain later.
Sonay Boy. Celerity. Mavanagher. 3rd Race:-
Mike. Eros. Piccalilll.
4th Race:
Zorhan. Valorous. Donnabella.
5th Race:
Thunderous Stag. Sunloch... Country Club, 6th. Racs:-
• Armony. Tango, Pacemaker.
7th Race:-)
Lobster Bay. Nippy. Christmas Frolic. 8th Race:
Imperial Hall. Morning Star, Roosian. 9th Race:-
Kires ♫ Wattle.
Moon, Star, ARMAMENT TRUCE)
Italian Proposals Accepted.
Rugby, Yesterday.
The proviso added by section 8 (i) is inserted because by section 113 (10) of the Companies Ordin- ance, 1911, as amended by section 8 of Ordinance No. 15 of 1925, the word "person" in reference, to authorised auditors includes a firm.
LAND OFFICER'S VALUATIONS.
Revision of an Obscure. Meaning.
In the Government Gazette there le published the draft of a Bill to. arend the Land Registration Ordinance 1844.
The objects and reasons are na under
RE-ESTABLISHMENT · 1929 PRICE LEVELS. -
Rugby, Yesterday. Speaking at the American Chamber of Commerce lunch in said that there was never a time London to-day, Lord D'Abernon when the vigorous exercise of co-operation between the United: States and Great Britain was more important than at present. Our civilisations were menaced by a very grave danger. Stabi- lity had been lost and we suffer- ed to-day from a violent world deflation which it was Indispen- renzy measures, but by wide- sable to correct not by local cur- spread agreement to re-establish the price level thus enabling debtors to pay, and potential buy- ers to resume activity, It was far more by restoration of trade activity that the commercial world could be saved than by any new restriction. He maintained that the clear objective for New York and London must be the re- storation of world prices to the level of 1929. This was the level to which wages, debts and other contracts were adjusted and any violent departure from it, either upward, or downward, involved the grave danger of serious so- cial disturbance and conflict- British V Wireless Service. «.
TRAFFIC REGULATION AMENDED.
Revised Fees for Motor Vehicles,
MOTOR CYCLE LICENCES.
The traffic regulations have been further amended as follows:-
(1) by the insertion, in and at the end of regulation 2, of the fol- lowing paragraph,-
will be "Learner drivers examined as may be directed by the Inspector General of Police. The fee for each examination twill be $5, payable ¡ir advance." (2) by the substitution, for
learner's licence at a fee of $1" in regulation 4, of "# of learner's licence at a fes $2."
(3) by the substitution, for Item (4) in the table of vehicle licences in regulation 5, of the following Item,~~
(d) Private motor vehicles:-
Not exceeding 15 cwts. in**
weight unladen, $24. Exceeding 16 cwte. but not exceeding 80 cwts, in weight unladen, $80. Exceeding 80 cwta., $72.
(4) by the substitution, for item.
(e), in the table, of the follow- ing Item,
motor (e) Public
vehicles. other than..omnibuses and. charabanca, $5, together with a further sum of $10 for each sent
the In vehicle, the number of such Boats being the number of persons the vehicle Licensed to carry.
Section 2 of this Ordinance sub- stituted two subsections for section 28, (2) of the principal Ordinance, the meaning of which was obscure and appeared to limit the Land Officer's valuations to property worth under $5,000, with no pro- vision for valuations of property worth more than that amount. Thus in the case of a partition, ex- change, gift inter vivos or assign- ment by a trusten to a cestulque trust (wherein no consideration (5) money la stated) there has been, in most cases, no proper statutory method of determining the ap
A Geneva message states that propriate fee. agreement has been reached regard-Section 8 of this. Ordinance makes an certain additions to the feen set out! ing the Italian proposal for Armament truce,British Wireless In the second schedule to the prin- Service.
cipal Ordinance;"
by the substitution, for item (h) in the table of the follow- ing item,
(b) Motor bicycles and motðr tricyclen !----Private, Solo,
$18; Privates, bicycle with alde car, $24.
No other licencia.. will be
Issued.