Carnation
Carnation
MILK
"From Contented Cows"
THERE'S CREAM
IN
EVERY DROP.
Sole Agents: CONNELL BROS. CO., LTD. HONG KONG & S. CHINA.
The dollar, on demand to-day at 1/5, 1-8.
Library, Supreme Court
China Mail
Est. 1845.
THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST
Eat, 1845.
No. 28,759
HONG KONG, SATURDAY, JUNE 23, 1934.
PRICE $3.00 Per Month..
WE PRESENT Gorgeous Display
of Gowns.
AND OUR PRICES.
ARE
- RIGHT.
PAUL RENNET & CIE
186-190 NATHAN ROAD KOWLOON
JAPAN'S THREAT IN THE EVENT OF NAVAL
MAY DENOUNCE THE WASHINGTON TREATY
Prof. George Zuelzer arrives at New York from Germany to dem. onstrate a discovery, a hormone, called eutenon, which he claims, in of beneft in cases of angina peetoris, high blood pressure and pneumonia.
Nazin expelled him because of his race.
SILVER RISE
TO STIMULATE
COMMODITIES
100,000,000 OUNCES
PURCHASED.
MORGENTHAU'S PLAN
J
ا اسم ہو
SPECIAL TO CHINA MAIL. (Bu Telegraph, Copyright, Telegra phic Meningen Ordinance, 1291. Re erived June 28, 11.20 p.m.}
Washington, To-day.
It is semi-officially estimated
CONFERENCE PROSPECTS
DOUBTFUL
JAPAN MODIFIES VIEWS ON SOVIET PARTICIPATION
OPPOSITION TO DELAY
London, To-day,
under-
Reuter's diplomatic correspondent stands that the United States may indicate that if Japan presses her expected claim to parity dur- ing the present preliminary Naval talks it might make the holding of any Naval Conference diffi- cult.
A threat that if Japan does not succeed, at the 1935 Naval Conference, in obtaining a re- vision of the 5-5-3 ratio she will let the London Naval Treaty lapse and denounce the Washing- ton Treaty was published in Tokyo yesterday. Japan will then embark on an independent naval programme solely aimed at national defence.
ALTERNATIVE
TO PHILIPPINES
FOR AMERICA
Aleutians And Alaska For Naval Bases.
BELATED DEVELOPMENT ANTICIPATED
Washington. that the United States has purchas-the Aleutian Islands and Alaska The American Navy is eyeing ed 100,000,000 ounces of silver as probable future Pacific bases, for the Administration's rehabilita-in view of the inevitable evacua- tion of naval bases in the Philip- tion of silver.
pine Islands,
It is understood that Japan is opposed to any sort of postpone- ment of the 1936 Conference.
The Foreign Minister, Mr. Koki Hirota, has told the Cabinet
that Japan will oppose holding
the Conference at Geneva.
KHINCHUKS RECALLED TO MOSCOW FROM BERLIN
New Soviet Ambassador Comes From Turkey
Moscow, o-day.
M. Khinchuks, the Soviet Am- bassador to Germany, will return to Moscow. vnder a decree of the Central Executive Committee, published yesterday.
M. Suritz, Soviet Ambassador, to Turkey, will succeed M. Khinchuks at Berlin.-Reuter.
HARRIMAN'S
SECRETARY'S
DEATH JUMP
ENDS LIFE FROM SKYSCRAPER.
SEQUEL TO FRAUD CASE
New York, To-day. Miss Sarah Burke, age 55, the former confidential secretary of Mr. J. W. Harri- man, the former New York Anancier. has committed
--- suicide; -"according to tha police by Jumpfos from the upper floor of a Fifth Avtone skyscraper.
Miss Burke was an employee
REVISION FAILURE
During an automobile race st Southport, Eng. Frank Allen was driving at 70 miles an hour when his car went out of control, and somersaulted three times before landing bottom up. Allen escaped with a few scratches.
WEAK TONE
PREVAILS ON
WALL STREET
Silver Market Rules
Steady.
TRADING INTEREST BETTER
New York, To-day. Prices again weakened on the of the Harriman Bank for 22 New York stock market yesterday, years. Reuter,
It is reported that Japan. is not so opposed to Rus- *sia's participation in the con- ference as hitherto, and is willing to discuss the ques- tion of the Soviet's presence. Also, Germany's and Spain's Bank and Trust Company, Inclusion will be discussed from found guilty on Tuesday by
European standpoint.
ter
but business showed an increase.
Mr. J. W. Harriman, former Pre-930,000 shares being traded: sident of the ' Harriman National Industrials were down 1.57 to was 95.93, while rails, utilities and bonds declined .64, .57 and .20 to
Reu-Federal Court jury on charges of 44.04, 23.48 and 94.74, respective-
falsifying the records and misapply-ly. ing the funds of the bank.
BROWN JACK'S SIXTH WIN
Through the stabilisation Apart from the probable even- fund, the Treasury Secretary, tual evacuation under the Island Mr. Henry Morgenthau, is map-independente programme,
Davel ping plans to purchase nearly experts consider the Philippine 1.300,000,000 ounces of addition bases almost impossible to defend STEVE al silver to carry out the Silver in case of war,
Act's provisions.
Government officials are most hopeful that a rise in silver | prices will stimulate commodi- Lies..
Naval experts feel the Alas.
Ten-Year-Old Again Successful.
RIDES ASCOT WINNER
London, To-day. The popular event at Ascot yes- A hard-working survey expediterday, which was again attended tion, undertaking the third year of by Their Majesties the King and Queen, was the victory in the Queen Alexandra Stakes of Sir Harold Wernber's ten-year-old
kan defences would '611 the Philippine gap in the Pacific.
The Bureau of engraving and its programme, is obtaining data printing will shortly begin toon possible fleet and aircraft · an-
Aleutians and Alaska.
print U.S.$1,000,000 worth of charages and bases in both the horse, Brown Jack, with Steve new silver currency in order to stimulate its use. United Press, per S. C. Gold Bar Co.
SILVER WITHDRAWAL
SPECIAL TO CHINA MAIL. -
(By Telegraph, Copyright, Telegra- phic Messages Ordinance, 1894. Re ceived June 23, 5.56 am.J
New York, To-day.
Donoghue riding-British Wire- Jess Service.
FINISHED IN OCTOBER The Surveys result will be com- municated to the Secretary of the
This is the sixth occasion OB United States Navy Mr. Claude which Brown Jack has won the
Mr. A. M. Austin, former Vice- President of the bank, was acquit ted an similar charges.
Harriman will be sentenced June 27.
The commodity index down 19 to 55.93.
WŁA
The silver market was steady. In their market report, Messrs. White, Weld and Company, New on York correspondents for Messrs.
S. E. Levy and Company, state:-
"Stocks: The markets are
THREE VOTES FOR dragging and present occasional
“NEW DEAL”
Stock Exchange Control],
Commission.
WALL STREET REACTION. NOT YET KNOWN
SPECIAL TOICHINA: MAIL. (By_Telegraph; Copyright, Telegras phic Messages Ordinance, 1881, Re. ceived June 25, 4.57 am.)
New York, To-day. The reported make-up of the
sharp selling waves. We expect to see little prospect of any change in the character of the market un- il the business trend reverses or¦ a new atimulus appears. Mean- while, we expect inflationary is- aues to hold comparatively well and we would accumulate these particularly and also other favour- ed issues during the current per-
od of weakness.
U.S. RECOVERY IN ASCENDANCY.
“UVI YNIND OL TVISTAR
TROOPS COMBAT FLAMES
Aeroplanes Direct Operations. ALDERSHOT HEATH FIRE OVER EIGHT MILES
London, To-day. Over a thongket soldiers, directed by aeroplanes, spent yesterday fighting ʼn heath and forest fire which broke out yesterday morning at Tunnel Hill near Aldershot.
A strong wind, and the dry condition of the undergrowth caused the flames to spread rapidly, and the fire had pro- greased eight miles before the troops gained control-Bri. · tish Wireless Service.
FRENCH AIRMEN
KILLED.
Plane Bursts Into Flames.
Paris, June 19.
M. Salet, one of France's best known aviators, was kill- ed in a plane crash at Orsay yesterday.
FACTS AND FIGURES
NO GROUNDS
FOR GERMAN
MORATORIUM
AMPLE RESOURCES AVAILABLE.
Britain's White
Paper.
London, To-day. A White Paper was published yesterday respecting the Germa transfer moratorium, and contain- ed the British Government's reply dated June 20 to the note af June |15 in which the German Govern- ment set forth at some length the general difficulties of transfer with which it.declared itself to be faced.
The British Government, whils expressing sympathy with the desire of the German Govern- ment to stimulate employment in Germany, entirely dissent from view that efforts to that end must entail a complete suspension of all transfers on Germany's foreign debts, and points out that many's credit must, on the con such action, by destroying Ger
trary, impair the possibilities of maintaining the import of essen- tial raw materials and renewing trade and restoring prosperity to the German nation...
(Continued on Page 14)
DRASTIC.GERMAN REGULATION.
Reichsbank's Curb On Foreign Exchange.
MEASURE FOR MEASURE
Berlin, Today. Drastic new regulations for the allotment of foreign exchange have been announced by the Reichs- bank. They provide that hence- forth no more foreign exchange will be handed out than is recefr ed each day,
The allotments will not be the same for all demands of all coun tries. The first consideration will be to safeguard the need of materials and foodstuffs.
raw
AD clearances and payments
bank.-Reuter.
The accident, which cost the life abroad must henceforth be sub- of his mechanic as well, occurred mitted for approval to the Reichs- during a test fight which the two. airmen ware making near Paris.
FRENCH ACTION Swanson for action. The work is Queen Alexandra Stakes, which is Stock Exchange Control Com-Sentiment More Cheerful Upon crashing to the earth, the
Paris, To-day. expected to be finished by October.run over a distance of 2 miles, 6 mission is considered as giving
plane burst into flames, burning
A Qual d'Orsay communique Meanwhile, the cabinet officer is furlongs, 88 yards. He first won the "New Deal" element three
both occupants to 'death.
states that France has taken mecs- carefully guarding details of the as a five-year-old.
three-year-old in Ireland, he has missioners, Mr. George Mathews phie Messages Ordinance, 1894. Beefforts in making possible the air #effective if an agreement is not
Bought as 6 votes, those of the Trade Com- (By Telegraph. Copyright, Telepres
M. Sale! is well-known for his Young payments being withheld, sary measures for the Dawes 'and Navy's plans.,
landed more than £28,000 stake and
ceived June 22, 11.28 pm.) Landis, money;
New York, To-day. ine now extending from Paris to reached by July 1" and the attorney, Mr. Fer- Messrs. Dun and Bradstreet, | Madagascar,——Havas, dinand Pecora; to the brokers' two votes, those of Mr. seasonal influences are dominat- [the business experts, state that Dean Witter, head of the Saning buiness, but recovery is in Francisco brokerage house bear-
the ascendancy, ing his name, and the New York Investment banker, Mr. James Auchincloss,
(Continued on Page #)
The Commodity Exchange hos CHICAGO MAGNATE'S
ocially announced that a total ofį 10,570,713 ounces of silver WEB withdrawn from its depositories on Tuesday and Wednesday, leaving 92,136,662 ounces in store,-United Press, per S.C. Gold Bar Co.
LOCAL DOLLAR IMPROVES.
Silver Prices Advance.
The local dollar advanced opening on demand. to-day 1/5%.
%
At
Silver prices advanced %, clos Ing yesterday at spot, 20 1/16 and forward, 20%.
The London on New York cross rate, which closed on Thursday. at i-U.S.35.0%, closed yestur- day at £-U.8.45.08%, while the New York on London rate closed al-U.8.5,08%, as compared with
US$5.08% on Thursday,
SUICIDE
Reynolds Found In Bathroom.
WIFE'S TERRIBLE DISCOVERY
Chicago, To-day." Mr. F. J. Reynolds, Vice- President of Armours, the famous Chicago firm of meat-
LOCAL RAINFALL. ABOVE AVERAGE.
1.96 Inches Recorded In 24 Hours.
As the result of the abnormally
Mr. James
(Continued on Page 14)
heavy storms of the past two days, PURCHASING POWER
the Colony's rainfall figure for the year is now 0.64 inches above ever-
age.
The storms from 10.30 a.m. yes-j
packers, was found by histerday fo: 10:30a.m. toviny yielded wife, yesterday. In the bath
|1.96 inches, bringing the total rain- room of his home here, mortal-:
fall for the year to 35.27. *ly wounded, He died within a
few minutes,SL
Mr. Reynold's revolver was
found beside his body.
Mrs. Reynolds' declared that her husband was 11) after a nervous breakdown. Retter.
when 0.71 inches were registered,
INCREASED.
Sentiment is more cheerful due to the removal of legislative un- certainties, they declare. They add in an early estimate, that Autumn distribution will bé be-] tween 12 and 25 per cent. higher than last year. -----
United Press; per S. C. Gold Bar Co.
1933 Agricultural Survey COLONY INCLUDED IN ANGLO-
very In, America.c
ROSAMMUTCH CONVENTION. W
STOP PRESS
COL DE LANA SALVAGE
Work of discharging tho cargo of moya beans and groundonis into the soul is bo ing carried out on board the „Italian, motor vessel, Col de Lana which went aground e Pratas laland... on Wednesder, night. The tugboat Henry Kes-
Lempt to reflect the ship will be made to-night;}
The poultion of the vessel,
sina unaltered.
SPECIAL TO CHINA MAN
It is notified in the Government The heaviest rain in the past 24
(Bu Telegraph, Copyright, Teingre Gazette that the Convention between hours fell at 11 a.m.. yesterday.ceived June 28, 8-21 ami)
pkla“ Mesinger Ordinance, 1891. Res.
the United Kingdom and the Washington, To-day, Netherlands, regarding Legal Pro- The Agricultural Adjustment codings in Civil and Commercial Administration survey fadicates Mattera, which was signed in Lon-|| that the farmers purchasing don on May 31, 1982, has been ex-wick is standing by and an 'at- Fair to showery weather, with power increased 28 per cent. Intended to this Colony as from May moderate south or variable winds the Arst nine months of 1988, in 23, 1904.
k
WEATHER FORECAST
The Women's Auxiliary of the Bo-was forecasted by the Royal Obser which The crop benant in distri- A copy of the Convention may be Eety for the protection of Children se- l snowledges with grateful thankavatory in the weather report issued buted. United Press, per 8. Cissen · at the Colonial Secretary's denation of 180 from Mrs. E. Cock this morning,"
«Gold Bar Co,7 (
The measures are not revealed but they are presumed to means clearing house-United Press, per S.C. Gold Bar Co. BRITAIN WILLING TO NEGOTIATE
London, To-day.
A White Paper has been issued containing Germany's moratorium note of June 15, and Sir John Simon's reply of June 20, the latter expressing willingness negotiate and hoping to avoid the necessity of opening a clearing house-United Press, per B.C.. Gold Bar Co.
TREASURY BILLS ISSUE
London, To-day, The total amount applied for in tenders for £35,000,000 Trenqury. bills this week was £59.840,000. The amount allotted in bills` at' three months was - £65,000,000 at the average rate percent of 16/ 8.01d compared with 17/0.184 Last wee ritiab":"Wireless Ber
vice.