MINOR LOSSES ON WALL STREET
Traders Still Very Cautious
NARROW MOVEMENTS
New York To-day,
The New York market was quiet and narrowly Irregular, yester- day, with minor losies predomin. ating. Allied Chemical issues fell With by more than one point.
Truders very cautious, a narrow and indecisive market seems to he indicated.
S. E. Levy And Company's Report
In their market report. Messrs.
-news
S. E. Levy and Company, corres- pondents for Messrs. White. Weld and Company, New York state:
"Socks:-The lack of caused further discouraged liqui- dation and the market rearted within a few points of the bottom levels established Inst October and late in July. We believe that moderate purchases in this gener al area could be risked before a trading rally occurs, with a re- further purchasing servation for
Business done:-840,000 power.
shares.
"Bunds: - Government funds eased off fractionally. High-grade issues were off a point un selling of odd lots, blocks not being of- fered down. Bidding was thin.
Here is the last
word in hot wea- ther attire made
by Miss Theodora York Peck, New
Mayfairite Queen
of the Beach at the
"Jungle ball" given by Provincetown's famed Beachcom. hers' Club and art colony, and attend.
ed by the elite of the shore summer
colonists,
Second-grade issues ruled weak.. BOARD OF TRADE】
"Wheat:There WES further long liquidation by tired holders. Thursday's sales: 25,341,000 bushels.
"Grains:-The situation is fun! damentally unchanged and accu- mulation on the scale down up jears to be the preferable course. Business done:-10,646,000 bus- hels.
"Cotton:-The Trade
were the
the market remains unchanged.
RETURNS
Imports And Exports Expansion
ENCOURAGING FIGURES
London. To-day.
The Board of Trade returns
THE CHINA MAIL, SATURDAY, SEPTEMBER 15, 1934.
TIGERS WIN OVER
SENATORS
White Sox Beat Boston Rivals At Baseball
ATHLETICS WELL HELD
New York, To-day.
Detroit Tigers,
To-day's Short Story.
The Pilgrimage Of Harilal
By Roland Wild
ARILAL began his 900-Ganges at the most propitious mo-
HALL our by early, in gel-Ganges at
He had set himself to
march
ruary. It was bitterly cold, even though the sun shimmered on ten miles every day. Thus he if the gods were the white road that leads right would arrive, from the Khyber Pass to the good, at the hody pool at about southern lands, two thousand the end of April. The period in. must Im- miles away. Like a true pil-which good Hindus grim, Harilal scorned to spend a merse themselves in the sacred pool few shillings to be transported of Har-ki-Pair! is a certain twenty- rapidly but in fiendish discomfort four hours in the first week of May. was the year of the by rail, and with a bundle of And this clothes on his head and, a shin-Kumbh Mela, the greatest, the ing drinking bowl in his hand, most eventful, of fourteen years, strode out of his village with his The very thought of that ex- strength augmented by a noble perience made Harilal's old knees tremble. When it was over, he religious emotion.
old man
for could return to his village with Harilal was an such a venture. He himself esti the knowledge that thereafter he venerated as one who mated his age at fifty-seven, and would be
MONDAY'S STORY
The may well have been right to a was intimate with the delties, year or two, Apreaverous man whose life after death was assured. toe was Harilal and well respect- jed in his little village. For when come to the motor-buses had
Frontier. it Was ¡North-West
Harilal who had secured the right to sell petrol to the half-dozen owners of the ram-shackle vehicles! which chugged, heavy-laden, from village to village.
Monday's story will be "Guard Of Honour," by Frank H. Shaw.
Often, throughout the cold days, ha sang as he trudged. He would His desputic sway over the forsing to the sun to strike harder on tunes of the moter-bus companies the road, and sing to the wind to
placed him in a unique position in
the community. He could control cease its blast. He would cheer- the fortunes of a whole bus-load fully sing a curse at a rare pass- ing motorcar, that left behind it of passengers by refusing credit
for fifteen minutes a dust cloud for one gallon of cheap petrol. He
that tickled his lungs. waxed prosperous, and for ten years now he had known that the ambition of his life would be realised.
Ten miles a day down the Grand Trunk Hoad His progress could
etched only with have been
For though Harilal, like must sharply-pointed pencil on the map of Hindustan. Yet his heart forward ahead of his leaders of the Hindus, was a keen and pain bounded
his hopes legs, and his eyes took on a gleam principal buyers. Our opinion of for August show an expansion American League, eclipsed Wash-taking business man,
soared high above mundane af of fervent devotion as he left the of both Imports and Exports, as ington Ser.ators, 1933 champions, fairs. And it was for a religious crowded streets and shops of each "Rubber: The bearish senti-compared with August, 1983. in the major league baseball yes- ment in financial circles and the Imports were of the value of
terday by a margin of 6 to 4 after motive that the virtual dictator of
through Lahore. What a great labour uncertainties are influen£60,027,050, being an increase of
on foot for the longest journey of
place was the world! How adven-i cing traders. Commodities are £2,000,832, as compared with the an epic struggle which extended transport now ironically set forth big city. It took a day to march
to. 12 innings.
river in a pool of the holy
LEAGUE FACED WITH NEW
In March, he sold his first blanket, for the sun had answer- burned ed his prayer and now fiercely. He passed through the
needing a new incentive to turn figures for July and of £3,351,783
Greenberg and Gehringer hit his life. He was going to ensure turous he was, to have seen all the trend. Business done:-930 on August last year.
cireuit clouts for the Tigers to Peace in the after-life by bathing theso cities of romance!" Exports were of the value of clinch victory. lots."--Reuter.
'The Tigers beat Market Factors
£32,090,009; a decrease of £139,612 the Senators by 2-0 on Thursday Messrs. S. E. Levy & Co., re on the figure for July, which, owing in their first meeting. ceived the following through to the holiday season, had more Gaston pitched for Chicago working days than the month under White Sox to shut out Boston Red Favourable factors before the view and an increase of £1,093,261 Sax for nine innings, enabling over the total for August of 1933 the White Sox to win by a lone opening of the market were:--
The restoration of confidence in The value of re-exports during the run. the Bond market is helping senti-past month was £3.301,597.
However, little ment elsewhere.
Router:-
more
were:-
National League
GRAVE SITUATION
(Continued from Page 11
Versailles Treaty could
Punjab before he changed hie time-table. Now he rose at dawn, sang as he marched for the first two hours, and saved his lungs as not be the sun struck the white road after joverlooked. Poland had further eight o'clock. He slept away the accepted the procedure as to the day under the trees, continuing for
guarantee one hour in the dusk. manner in which the was to be exercised. Those resolu- At the beginning of April ho tions became binding on Poland by was in a strange land. True, there of her acceptance.. No were more Hindus, and that pleased
reason
R. H. E country could possibly release her him, for there had been incidents self from those obligations by uni-with these insolent Mahomedans 1 lateral action.
Philadelphia Athletics and St. For, the first eight months of Louis Browns shared the honours than technical rallies are this year imports totalled. £479,444,- in their double-header. expected at present.
259, an increase of £19,281,081, as Results, as cabled by Reuter, Unfavourable factors were:- compared with the corresponding Labour troubles continue to be period of last year year; while ex-l the dominating factor. A con ports at £255,089,324 show an in- tinued slow and hesitant market crease for the eight months of
the time being £18,910,595. is expected for
St. Louis HEAVIEST INCREASE
New York owing to uncertainties due to the
An increase in the volume of im- approaching regime of the Securi- ties and Exchange Commission ports during the past eight months
of nearly fifty millions is Night Telegrams The following telegrame were heaviest in the category of raw materials and unmanufactured art- received through. Reuter by Mesura. S. E. Levy & Co. last icles which, compared with the cor- responding period of 1933, show an night:-
advance of $27,554,964.
"
The Connoisseur comes to Caldbeck's
EXSHAW
No. 1 XXX BRANDY
A Necessity For Your Table.
Sole Agents: CALDBECK, MACGREGÒR & CO, LTD. Prince's Building, Ice House Street.
Telephone 20075
ABSINTHE
PERNOD FILS
GUARANTEED PRE-WAR MAKE.
OPENING
SALE
The best appetizer. No cocktail is really good without genuine absinthe PERNOD FILS.
ASK FOR IT EVERYWHERE.
PEKING
RUGS AND
CARPETS
Cloisonne, Brass Ware, Glass and Lacquer Ware, etc.
REDUCED 20
די
CALL and INSPECT.
TEH SHUN HSING & CO. (PRKING)
11, WYNDHAM STREET.
繪光
PHOTO
SUPPLIES.
Cameras Films,
Plates, Papers, etc.
Developing Printing and
Enlarging.
AT 24 HOURS' SERVICE.
PHOTO.. TAKEN DAY & NIGHT.
THE KWONG KWUI CO. LTD.
Photographers.
74, Queen's Road Central, Hong Kong.
Tel. 22170.
who did not care to pay homage to ANGLO-GERMAN AGREEMENT GOLD PRICE INCREASE
with pride.
MISUNDERSTOOD STATEMENT & devout and respected Hindu pil- Sir John Simon, after remarknig grim. Delhi His heart surged that the effect of Colonel Beck's statement may have been misunder- stood examined his speech in more detail..
Referring to the proposal for the
What a great thing was travel!
(Continued From Page 1)
IN JAPAN
(Continued from Page 1.)
South of the capital, he fell in made in advance of the amount of with other pilgrims. They related foreign exchange likely to be
The Bank of Japan has been the most remarkable stories. They available each month, and the must be lying! For they said that limitation of that month's imports, selling securities to private banks protection of the minorities, and in a man might die in the turmoil and strictly controlled by the issue of at the rate of Y100,000,000 2 particular of the position of cer-scramble to bathe in the holy permits, so that payments may
universalisation of international
1
5
4
9
Schumacher hit a homer.
the
Cincinnati Boston
2
7
2
4 10
American League
Boston
0
6 0
Gaston pitched. Chicago
Philadelphia
1
5
0
9
13
St. Louis
Philadelphia
7 12
2
8
5
9
0
4. 11
6
7
1 already before the Assembly's Po- 4litical Commission,
NO THREAT INTENDED
The market is quiet and nar-
Articles wholly, or mainly manu- rowly irregular, with minor losses
Allied Chemicalfactured, increased by £17,626,342 predominating. issues fell more than one point. and food, drink, and tobacco by With Traders very cautious, a £4,015,220. In regard to exports narrow and indecisive market during the eight months, articles wholly or mainly manufactured, seems to be indicated,
The over-extended speculative show an advance of £15,091,088
St. Louis long position in rubber is now in one last year's figures; while the process of correction and the fac.raw materials exported increased!
by 1,881,076 and food, drink, and
Washington torles are now better buyers,
Detroit figures tobacco by $1,980,815. British Weekly car-loading
Wireless Service umounted to 563,000, which is a
Greenberg and Gehringer hit
homers. Game went to 12 innings.
decline of 15,000 from the figures'
for the same week in last year. ROOSEVELT STILL
The Treasury announces from UNDECIDED OVER
Washington that $508,000,000 of the $525,000,000 certificates maturing on September 15th. have been
tondered in exchange for the new Two-Year Notes, on which the books were closed last night
Otis Elevator Co. has declared
New York
5
10
Lou Gehrig hit a homer.
Averill hit a homer.
14
TEXTILE STRIKE Cleveland 12
(Continued from Page 1). FURTHER WALK-OUTS Washington, To-day-The Chair-
CANADA'S SILVER EXCHANGE
tain states found by minorities, and waters; they said that the Eng-met within the estimate,
IMPORTANT CHANGES
iin particular, the position of certain lish police controlled the vast con-
be
the which reason month, for money market is becoming tighter Two important changes are in-and thus raising the problem whe
ther money should be cheaper. system.
Some financial observers con-
1 states bound by minority treaties, course of pilgrims to the pool; they troduced by the new
he pointed out that these two mat-gaid that the English doctora prick- 1 tere were entirely distinct
ed every pilgrim with a needle to Firstly, control applies not only, as tend that the time has arrived in the past, to raw materials, but when we must choose between disease.
Regarding the former, the Polish check
the spread of
draft resolution on the subject was Harilal was astounded.
te imports generally, and secondly, orthodox financial methods or an
By the time he had embarked on the new machinery will involve the outright policy of inflation. Bank his last hundred miles of the jour-abolition of the general exchange officials indicated that no vital one of a vast, slow. permits which formed the basis of action is likely in the immediate M. Barthou, in supporting Sir moving procession. At night they the recent Anglo-German agree future. United Press, per S. E. John Simon, said that he spoke as camped, thousands of them together. ment. In these circumstances, dis Levy and Company.
a representative of France, and a
ney, he was
generally considered
He saw suffering, death and pain, cussions with the German Govern 3 friend and ally of Poland, and women dragged their children overment. are
could not belleve Colonel Beck the hot roads, and men fell by the necessary, to discover in greater! HOLLAND'S RECOGNITION OF 1 speech was intended as a threat, or wayside, fainting and beaten. He detail how the new machinery will *
CHAMPIONS OUT FOR 206
(Continued from Page 1)
U.S. GOLD STANDARD
New
.S. CURB EXCHANGE SEAT SOLD AT $2,000 LOSS
New York, to-day-A seat on the Curb Exchange was yesterday sold
an attempt to impose fait accompli saw rogues, beggars, charlatans function and whether the recent
York, To-day-Holland on the League, Baron Aloist, of and thieves. Children were born Anglo-German agreement can con- Italy, also supported the censure, on the great trek, and men died. Aaltinue to operate under the new re- will permit gold exports to the and, like M. Barthou, admitted the the procession began to
climb gulations, and, if not, whether it is United States, thus recognizing American gold standard United 15 cent dividend, which is due on man of the Textile Strike Commit-
possibility of a treaty revision, but through the foothills, there was a desirable to substitute for it a officially the existence of the. that adaptation must be affected rumour that all the water in the fresh agreement.
Preas, per S. E. Levy and Com- September 24th.. and will be pay tee, Mr. Franels Gorman, has sum-
REPAYMENT ISSUE. legally, and all existing engage wells was polsoned, and cholera
Now that the Lancashire Spin-pany. able on October 15th. Pacific Gas moned the leaders of the hosiery,
ments respected until they were re-was rife. Harilal staggered on the Co. has declared a dividend of carpet, rug, dye, artificial silk and
(Continued from Page 1)
placed by new provisions-British last two miles of his daily march. ners have refused the terms offered by Germany for the repayment of 37-1/2 cents, which fa due on synthetic, products unions, indicat-|
Wireless Service,
But his eyes burned as fiercely. September 29th. and will be pay-jing the preparation of further walk-
88 ON OFFER THIS WEEK
The sun was a dagger, and the outstanding debts, the whole ques- able on October 15th. Standard jouts.
Toronto, To-day-The Govern Gas, 7 per cent. Preferred, has A Providence message states that lors of the Montreal Silver ̈* Ex-
duat never settled on the road tion of the repayment of Germany's declared a dividend of 52-1/2 a caucus of Democratic legislators change have allotted 17 seats to
which now wound through the existing commercial debts to this cents, which is due on September has denied that it will not ask for New York brokers, 15 seata to
pines. He had sold his last blanket country remains unsettled, and it 90th. and will be payable on Oc Federal
now, but the weight of the atmo le generally expected that this mat- troopa intervention. Montreal, 10 to Toronto, three to tober 25th.
UNION MEMBERS COMPROMISE Shanghai, two to Paris, one to and Verity, both of Yorkshire, were
England's Teat bowlers Bowsphere seemed to be an equal burter will be raised in the Anglo-Ger. for $18,000, against $20,000 pald
man-British Wireless Service. den. Butte, To-day-The labour lea-Rio Janeiro and 80 more will be largely responsible for the early
He had to pay for water, and AUSTRALIANS WIN AT FORRES ders have agreed to submit 50,000
on offer this wook.
dismissal of the champions, Bowes played that he would not double up union members to a compromise. In EXCHANGE COMPETITOR (Continued from Paga 2)
a 131-days strike in the copper in-
Toronto, To-day The stock, ex-taking & for 78 and Verity 4 for 50. at the first long draught as he had LAWSON LITTLE ENTERS U.S. AMATEUR GOLF FINAL ROUND Duckworth, the Lancashire seen others do. The feature of the match was the dustry. It is believed that accept change here has announced the
and ex-England, wicket-keeper,
It was ironic that three days
(Continued from Page 1). bowling of Ian Peebles, a candidate ance is a certainty United Press, opening of a spot and futures allver department soon to compete with
was the only batsman to stand
sway from the sacred pool thero for the fifth Test match, who per S. E. Levy and Company.
up to the attack, scoring 69. - should be motor-buses plying for secured 5 for, 94 runs, assisting] —
the Montreal exchange. materially in keeping the tourists lians replied with 108 The North Membership is open to exchange C, K. Walters, the Worcester and ire, at exorbitant rates, taking. He will now meet David Goldman the laggards and the sick for the in the Final, to be played over 86 score down to 166
of Scotland were a little more ade members and also to the world's England opening bat, had con Batting first, the home team were cessful la their second innings recognised brokers.United Pres not out in the Rest'a total of 75 last thirty miles. They added to holes to-day
per S, E Lery and Company when stumps were drawn: all out for 48, to which the Austra scoring. 98.
Side (Continued on Page: 18.) | His rival in to-day's match en-
for the previous Beat-United Press, per S. E. Levy and Company.
joyed an easy victory in the other Semi-final, defeating Reynolds Smith by 4 and 2.
At the end of the first 18 holes yesterday Little was lead- ing Armstrong by 2 and 0, and, Goldman leading Smith-by-1 and 0.