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China

The

Mail.

ESTABLISHED 1845.

HONG KONG, WEDNESDAY, NOVEMBER 25, 1931.

OVERNIGHT CABLES.

Grave Developments Foreshadowed.

CHINA AND JAPAN.

Tokyo, Yesterday. The gravest developments are foreshadowed unless the Chin- ese troopa at Chinchow are withdrawn southward of the Great Wall. The presence of these troops, it in stated, serves no useful purpose, but on the contrary constitutes a serious threat to Mukden and the S.M.R.

It is asserted that if a clash occurs and Chinese forces are defeated Japanese troops may have to be rushed to North China to prevent the retreating soldiery from overwhelming the Japanese detachment at Shan- haikuan.

,1

Official circles are declared to feel growing concern over the situation and apprehension is stated to have been increased by the report that Chiang Kai-shek is proceeding to the North, as "it j is feared this may necessitate reinforcing the Japanese garri. sans at Peking, Tientain and Shanhaikuan."

Fight in Progress,

Mukden, Yesterday. Fighting between the Japan- ese and Chinese started at nine o'clock this morning, between Chuliulio and Hsinmintun, and is still proceeding.

Awaiting Instructions.

Paris, Yesterday, The Council meeting, which as- sembled to consider the draft re- solution relating to the appoint- ment of a Commission of enquiry in Manchuria, adjourned 12.25, pending receipt of in- structions from Tokyo and from Nanking.

at

M. Briand reported his con- versations with Dr. Sze, whose instructions not expected before to-morrow evening.- Reuter.

are

Eminent Economist's Views. Rugby, Yesterday. Every phase of the Man- churia situation and efforts which the League Council are making in Paris are being fol- lowed with the closest attention lin this country,

LOCAL SHARE MARKET.

Signs of A Fair Recovery.

PRICES MAINTAINED.

The official summary issued by the Stock Exchange to-day states: Sales.

Chartered Banks, £13.1/16. Underwriters, $5.05.

Hotela (old), $15.60 and $15.70. Hotels (new), $14.90. Ewos, Tla. 154. Peak Trams (old), $14%. China Lights, $271. Constructions (new), $2.

Buyers.

Unions, $420. Underwriters, 35.

FINE GENERALLY.

The Royal Observatory's re- port issued this morning states:-

The anticyclone is central to the North of Vladivostock, moving East.

Another is forming over S.E Mongolia.

Forecast: N. E. winds, moderate; fine generally,

Rainfull.

Rainfall for 24 hours end- ed at 10. a.m. to-day mil. Total since January 1, 76.83 inches against an average of 81.77 inches deficit 5.94 inches.

Temperature. The temperature at certain specified centres this morning

at 6 o'clock was:-

Hong Kong

67

Масло

63.

Pratas Island

74

Foochow

65

Amoy

65

47

64

74

Chefoo

Shanghai Manila

EUGENE CHEN.

Explains His Visit to Japan.

SECESSION FROM CANTON.

Mr. Eugene Chen, Minister for Foreign Affairs of thei National Government in Canton, has authorised the publication of a report on his visit to Japan, in! the course of which he says:--|

"I went to Japan to secure In- formation from Baron Shidehara regarding the real aim and policy of his Government vis-a- vis China, especially about Mau- churia. The National Govern- ment desired this information in order to decide whether the time) had come for the adoption of the policy which Dr. Sun, with the foresight and vision of a great civilised mind, had pointed out ns the way of peace and strength to his country. I had no in- struction or authority to enter into any sort of negotiation with Baron Shideliara or any other Japanese, nor did I attempt inj fact to enter into any negotia- tion with any one in Japan re- garding Manchuris or any other matter. All the reports, there-. fore, alleging that I visited Japan. for some dark purpose-to make. a deal in arms or beg for Japan-: ese gold or sell Manchuria and so forth are entirely false.”

Following the political bomb-shell in the form of a set of resolutions against the Nanking regime adopt-i cd by a major number of delegates to the Kuomintang National Con- gress, of Canton, Messra. Sun Fo, Engene Chen and Li Wan Fan (civil leaders of the Canton National Gov- ernment) quietly left Canton for Hong Kong by the sh. Kinshan on | Monday, apparently dissatisfied with the resolutions which, they re- gard, will only tend to aggravate the Internal situation.

About a hundred delegates to the Kuomintang National Congress, who are opposed to the adopting of} a series of resolutions against the decisions of the Shanghal peace discussions, left Canton for Hong Kong yesterday in support of Messrs. Eugene Chen and Sun Fo,

Shanghai Explorations, Tis. 2.10. reports the Wah Tez Yat Po. Wharves, 8150%.

Providents (old); $5.15. Providents (new), $2.45. Hotels (old), $15.80. Hotels (new), $14. Lands, $81.

Humphreya (old), $18. Realties, $12.10. Ewos, Tls. 154. Trams, $21. Electrics, $76. China Lights, $27.15. Telephones (part paid), $26.10. Cements (combined), $18. Dairy Farms, $29.

CABLE RECEIPTS.

The following has been received

by the Eastern Extension Austro- lasia and China Telegraph Company, Limited from its head office, London, may be of public interest:

Imperial and International Com- munications, Limited:-Estimated Traffle Receipts, October, 1931— £454,270; Recelpta. October, 1930] -£440,097.

Aggregate Receipts January to and

October:-1981-£3,960,544

1980-£4,526,208.

£24,000 must be deducted from

Referring to the severe test which the problem has imposed on the Lengue Sir Arthur Salter, the eminent economist, speaking last night, urged that the essen- tial point was that hostilities should cease and that the League should have an opportunity of forming and expressing an opin- lon on the question. Settlement, he said, ahould be reached by pacific means and not imposed at the point of the sword. It might be that the matters in dispute would have to be defer- red for some time until Man- churía had been evacuated apart from railway zone. It was very undesirable that there should be any

hectoring or schoolmastering attitude toward either side, but the League should mobilise all the moral forces of the world so that those

'Rugby, Yesterday. three essential points were se

The Royal Air Force long- cured. When that result had Japan. It was not only the me- distance monoplane, which is now been secured the peace machin-chanism of Lengue that was at on her return journey from a non- ory of the world would have been stake but also the world's peace stop flight to Egypt, will probably recognised and strengthened machinery, including the Coven- not make the projected atempt on Much more was at stake than a ant and the Kellogg Pact.-Bri- the distance record before Decem- local dispute between China and tish Wireless Service.

ber 20.-British Wireless Service.

Constructions (new), $1,90. H.K. Government Loan, $2 per cent, premium.

Sellers, Indo-Chinas (Def.), $43. Raubs, $49. Venezuelan Goldfields, $22. Cements (cominbed), $194,

Genuine

BAYER

Wa

the message receipts for October, 1981, in making a comparison withi October, 1930, owing to changed: conditions of sharing traffic,

R. A. F. MONOPLANE.

ASPIRIN

SAY 'BAYER ASPIRIN”

and INSIST!

“BAYER'S ASPIRIN First in the World”

Exinted and published for the Proprietors, The Newspaper Enterprise Limited, by DAVID CHRISTIAN

WILSON, Business Manager, af“Ba. Wyndham Street, Hong Kong.

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