1934-09-01

NEW YORK MARKET QUIET

Moderate Recessions Indicated

CONFIDENCE LACKING -

New York; To-day. The New York market is quiet and easy, with losses confined to fractions. Confidence is lacking and traders are watching foreign exchanges very closely. Further moderate recessions seem indi eated.

Favourable facturs prior to the opening of the market were that setbacks fail to dislodge any im portant liquidation, and that the United States Treasury is making investigations into the credit needs, particularly; of small industries.

Unfavourable factors were that the market reflects discouraged selling, with the decline in the sterling exchange an unsettling factor, and that the textile strike- and the reduction of salaries by the steel industry are construed as re minders that the recovery will be. slow.

S.E. Levy & Company's Report

In their markel report, Messrs.

S. E. Levy and Company.

corres-

jiondents for Messrs. White, Weld and Company, New York state:

"Stocks:---The market is still

Mr. John Grierson, British air- man, who was forced down on an Arctic island last week while making a flight across the North Atlantic.

“SILVER JUBILEE" COINAGE

Latest Proposal Now Under Consideration

THE CHINA MAIL, SATURDAY, SEPTEMBER 1, 1934.

NAVAL OFFICER'S

DEATH

Commander Of U.S.S. Isabel

41 YEARS OF AGE

'To-day's Short Story.

INCITING

TO RIOT

Lleutenant Commander Harri-NTEITHER the mestizo lad, face jingled от

By Eric Walrond

her huge chocolate-

rison Avery, Commander of Nclouded beneath a palm fest coloured arms. Her headkerchief

U. S. S. armed yacht Isabel, col-hat, nor the one-eyed Basque of red, green and yellow was like lapked suddenly last evening on grocer, Juan Poveda, turned ala clump of gaudy autumn crotons. board the vessel and died before hair. The boy was engrossed in She wore a peony-coloured shawi medical attention could save him. a dazzling new toy. He was jug-and a white calico skirt, gather- Born in Pennsylvania, Lt.-Comdr. gling with a bolero spinning ed up from just beneath the hips Avery was 41 years of age

and in the air the leashed, vari-hued by a girdle of banana shags. graduated from the Academy at Annapolis and served In European during the Great War.

Maryland ball, tunnelled half-way to the "My Joey" cried Mrs. Piggott,

in 1917, the revolving spherical shape blow fo' knock-off."

core, and then trying to settle "will be home tereckly the whistle waters

His wife la ataying in Hong not he failed. Kong, but their two children

ате

jupon the polished end of a A small wizened creature with a wooden stump. More often than squeaky voice and a mottled nut- meg hue, Mrs. Piggott, like Mias at home, it is understood.

Son of a Culebra peon and eight Fashion, shared with an ebony Command of the Isabel, a

years old, the boy had trailed in comado a one-room flat in a box verted yacht

conbehind the two negresses. He car lying on attached, to

a shunting in the the Astatic Fleet, has been taken over characteristic of a mental bias ahod and wore a deep-crowned was the first served. The act was Culebra foothills. She was newly pro tem by the Executive Officer,

which the grocer possessed The remains are to be shipped garding the merits and "rights of white drill was siffly starched.

re-straw hat. Her dress of spotless back to America where a burial priority of non-Latin blacks and with full military honours will take mestizos." respectively. For

"Shut up!" snarled Poveda, place at the National Cemetery, boy was a Panameno-already he

the glaring. Washington D. C.

seomed to possess All the exuberant self-esteem of

the Panama mongrel which so warm- ed the cockles of Juan Poveda's

THE KING CALLS ON SAILMAKER

heart-while the women were only chombos--"savages" from the Bri- (tish West Indies.

...

awaiting the appearance of some SPECIAL STAMPS SUGGESTED Man Who Has Almost sufficiently explicit. It was, more

constructive news and a conser. recommended, vative attitude is pending some clarification of the

situation. Business done:-100,- 000 shares.

"Bonds:-The market for high-grades and

both

A special issue of coin of the

discussion realm is under

World Monopoly

MONDAY'S STORY

Monday's story will be Son," by "Sin-

"Mother's bad."

The distinction in itself was

directly, the result of Juan Delving in a crate beneath the Poveda's persistent effort to even counter, the grocer extracted the ts a The King went aboard Mr.up the score. It was due to his codfish, spread it across the red- meons of commemorating the Thomas Ratsey's cutter Dolly Var-blind, ungovernable way of show-wood slab and cut off a thick allice. Silver Jubilee of the King's acces-den recently to call on the veteran ing that he had not ceased, though He weighed and wrapped it up

sailmaker. son next year.

the occasion was fast dimming, to and shoved the parcel before the. A new issue at any other time. second-grades

Mr. Ratsey, who is in his 34th brood over the loss of his eye, boy. than an accession to the throne is year, is still suffering from the "Five cents worth of salted "Dime of spuda!" was quiet and unchanged.

effects of an accident he had last cou" cried the boy.

Fastening the bolero in his belt "Wheat:-Marketings of Canaan event of extreme rarity.

It is widely felt, however, that it year.

"Like a body ain't got autton as he would a redskin's scalp, the dian wheat were heavy, but were

suitable means of His firm, which has almost better

elae fo' do but stan' yah," cried boy seized up the parcel and be- taken. Thursday's sales might be a

signalising what will be only the world monopoly of the sailmaking Miss Fashion. 17.838,000 bushels.

"Cora:-There was considerable fourth occasion since the Revolu business, has made the sails for the She was large, black and

monarch has reigned King's cutter Britannia ever since footed. Cold and silver profit-taking when the crop estim-tion that a

first oc-she was launched. ates were announced and, while for 25 years and the

casion for which large scale cele- Dolly Varden, with bellish.!

her the long-pull outlook is

blue. brations have been planned.

WOMEN BANDITS IN absence

green hull, 18 one of the of short-interest

land- There have been only three new marks of Cowes. makes frequent set-backs likely.

Compared with LUANTUNG coinage apart from her Britannia la quite an infant. issues of Business done:-14,808,000 bus-

coronation issues during the last hels.

"The Dolly," as she is always century. A special issue com-known among Solent yachtamen, memorated the Jubilee of Queen was built in 1872. Victoria, depicting the Queen for

the

оп

im-

some

com-

"Cotton:-There was proved trade demand hope of the avoidance of a ple tie-up in the cotton-textile in- dustry. There were reports of heavy offerings of distant options by co-operative interests.

"Rubber: - The consumption figures for August are expected to be over 30.000 tona. The technical position is healthier and the mar-

lish news.

lots."-Reuter.

Business done:-184

Night Telegrams Messrs. White, Weld & Co. re- port the averages of private crop

estimates to be as follows:-

Corn 1.459,000,000 bushels. Spring Wheat 84,000,000 bushels. Oats 515,000,000 bushels.

estimate is bullish,

The corn

Even to-day she has the best-cut)

gan unfolding it. "Then when he bare-carry it home to he murrer," mur-] bangles mured Miss Fashion, "he'll swear to Gawd the snatch it out o' hel hand."

Shoot To Kill On Resistance

the first time as an ageing wsuit of sails of any yacht lying in A band of fifty women bandits are

man.

This Issue was not popular and. A few years later it was replaced by the series erroneously known; las the "Diamond Jubilea" issue.

There

Wan

new issue of

Cowes Roade.

LOCAL NEWS BREVITIES

coinage will then be announced. His Majesty the King has not

terrorizing the districts in the neighbourhood of Yutian in the Luantung area, according to the "Shun Pao," a Chinese daily,

Well armed with revolvers and

(Continued from Page 1.)

"L' forced-ripe brat!"

Poveda weighed out two pounds of Irish potatoes and poured them in a sack which the boy extended to him.

"Hurry up an' give me a chopine

o' black-eyed peas," cried Mins Fashion, "me is next."

"Yo' don't got no black puddin' an' souse, me?” cried a aqueaky voice.

The boy paid the bill and stroll- ed out.

Sweeping the coins in the cash George V. ailver coinage a few It is nntified that the name of rifles, they are able to shoot with drawer, Poveda proceeded to mes- years ago. It coincided with the the United National Corporation, heavily built and have committed

both hands. All the women are sure out two pints of 'the speckled ket should easily respond to bul-introduction of a new alloy, The Limited, will be struck off the regis more atrocities than men bandits.

grain. same dics, however, are used for ter and the company dissolved

"Pound bronze coinage as were used at the within three months, unless cause

They are shooting to kill any per-Miss Fashion.

o' corn' pork," added

time of his Majesty's accession. is shown to the contrary.

aon showing the alightest sign of No official plans regarding any

resistance. The leader of the band be ignored, but she was deter Mrs. Piggott's inquiries might part of the commemorative pro-

The next Criminal Sessions will & man, however, says the raport mined not to be

silenced by the gramme will be announced until commence at the Supreme Court on

grocer's predilection to curry later in the year, and it is by no Thursday, September 18. at 10 a.m. SURPLUS TONNAGE QUESTION favour. "The las' souse I got; means certain that a new issue of

heah," she said "was so hard it musta come from 'the sow gran' It is probable, however, that the been advised to exercise his power but the wheat and oats estimates suitability of casting new dies will of disallowance with respect to the

murrer: Hard no rock stone. The would indicate a stand-off polley be strongly urged between

U.S. VIEWS DESIRED.

bone was so hard, chile, an' de The market is quiet and easy and the autumn.

now Ordinance for the Incorporation of Washington, To-day-The State seasonin' taste so wishy washy. the Trustees of the China Fleet Department has revealed that the an' de cucumber water wuz so with losses confined to fractions. New issues of stamps are also a Club, according to the current issue British Foreign Secretary, Sir John sour. Confidence is lacking and Traders comparative rarity in England, in of the Government Gazette,

ah must needa tell yo,' Simon, has asked the United States Mistah Poveda, dat it berry near-| are watching exchanges very marked contrast to the Continental elosely. Further moderate reces-practice of signallsing events of

for views on an international con- ly aggle me stomach."! sions seem indicated,

ference looking for a reduction in With a preoccupied air Juan merchant marine subsidies by vari-Poveda fetched up from the pork a decline of 32,000 cars from last time of the British Empire Ex-President Adams which arrived the Inter-Departmental Committee, "That's too fat," cried that ele

ous nationa.

barrel a slab of meat and laid it According to the Federal hibition and during the Postal here yesterday were Mr. and Mrs. which is studying the matter. gant lady, turning up her lips.

The request has been referred to before Miss Fashion, Reserve Board, department store Congress in London, but sales in the metropolitan area, in- from these occasions there hae They are making a tour of the world

apart Donald Roes of San Francisco United Press, per S. E. Levy and "don't give me that, man. Ain't cluding New York, declined about been only one change in the de- on the President liner, completing 1% during the first half of Au-sign of George V. stamps..

Company. gust, compared with last year. The

their trip on the vessel's return to San Francisco.

minor importance in this way.

Carloadings totalled 606,000 cars,

There were special issues at the

year.

Atlantic Refining Co. has cut the

retail price of gasoline by Slittle interest. Private reports are cents per gallon in Wilmington, bullish.

Personal Pars

Among the passengers

оп the

Mrs. M. Brown and Mr. Pak Chee! Lang were two passengers for Hong!

Delaware. While the break is "Corn:-The market was in line Kong on the President Adams which coinciding with a seasonal de- with expectations, and the move arrived here yesterday from Shang- cline in consumption, it has been ments of wheat and oats had little hai and San Francisco. expected and it is feared that the effect on the market. action may mark the beginning of "Cotton:-There

was constant

NO NEWS FROM GREENLAND EXPLORERS

(Continued from Page 1)

The Greenland Administration

yo got no lean?'

Povede held the leg high up be fore her gaze. The fast encrust- Ing brine twinkled on it like silver apangles. "Yo' don't like fat", crled Poveda in astonishment, "but every people like fat.”

"No." sulked Miss Fashion, "yo"

atatea that another motorship beg' lemme have de salt beef. calls at Angmassalik in a few When de pork fat so, it stan' 'pon 4 retail gasoline price war after buying by the Trade and covering a veteran revolutionary, was an-schooner "Jacent" is still fishing

The death of Mr. Yeung Hok-ling, days time, and that the British me

stomach an giv' me. de Labour Day. The Standard Oil of nears on bullish private crop nounced in Macao on

krolick."

Poveds slipped the leg of corn Co. of California has reduced the estimates and hedging of distant Mr. Young, who was closely asso- and has been given permission pork back into the cask of brine.

Thursday. Very near the Greenland coast, retail gasoline price 1 cent per positions. There was a good de-elated with, the late Dr. Sun Yat- gallon on the Pacific Coast terri-mand for "Spot."

by wireless to go to Anginassa- "An' tree cents worth o' yucca." "Yo" tek?” cried Poyeda, wrap- tory, except in Southern Cali-

sen for many years, and who was lik "Rubber: Prices opened lower, one of the four most fornia and Arizona, where an ad- but later rallying about 10 points enemies by the Manchus, died atípanions, with him, began the go out." He nodded toward

wanted Lindsay, who has two com-ping up the corned beef, "when yo'

vance of 1/2 cent was announced on a better Sterling exchange and the age of 08. per S. E. Levy & Co., through on scattered buying. Commission

Reyter.

E. A. Pierce Co.'s Report

Houses bought, while dealers bought and sold.

SUMMER SUITS DRY-CLEANED. WE KEEP THEM WHITE AND SOFT.

No risk of scorch on your Gabardines, Palm Beach, Mohair, or Silk Suitings.

Our steam presses cannot spot or shine. We dryclean and launder Summer Suits in a way. that retains all their ORIGINAL SMARTNESS. THE

STEAM LAUNDRY CO.

The Largest Sanitary Laundrymen, Dyers and Drycleaners in the Far East Head Office & Works, Mongkok.

60, Queen's Road Central. 27, Nathan Road.

838, Nathan Road.

SALE!

Tel. 57082

21279.-

88545.

88906.

GRAND OPENING SALE!!! PEKING RUGS & CARPETS, Clolsonne, Brass Ware, Glass and Lacquer Ware, etc.

REDUCED 20%

CALL and INSPECT.

TEH SHUN HSING & CO.

(BEKING)

11, WYNDHAM STREET.

HONG KONG

HAVE YOU SENT IN

. YOUR

CORRECT INFORMATION?

NOW BEING COMPILED.

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