JAPAN CONFRONTS THE WORLD
Hirota's Declaration
Of Policy
*CONTRADICTORY SENTIMENTS AND ACTIONS
(By Arthur Davies)
of
the
and
"The cardina. principle Japanese foreign policy is promation of peaceful friendly relations with every country in the world." At least, so we are assured by Mr. Hirota, her foreign minister, in the open- ing words of the customary New Year address to tho Diet in *Tokyo.
BEFORE
CASH ON APRIL 2, 1932. THE DAY of LINDBERGH, RANSOM PAYMENT
SAVINGS
BANK ACCOUNT
$203.90
GAIN of $44,282-
MONTHS
AFTER
CASH ACCOUNTED For APRIL 2,1932 ZU SEP 19, 1934 DAY of HAUPTMANNS ARREST. (RANSOM PAYMENT$50,000)
GOLD COINS in HOME $120
BOUGHT MORTGAGE $3780
RANSOM MONEY..FOUND
12. HAUPTMANNS GARAGE
$14.600
HAUPTMANN
BROKERAGE ACCOUNTS $16.942.75
CASH in BANKS $9073 25
TOTAL $ 44,486.00
The above chart shows the summary of the testimony of United States Treasury Agent William E. Frank at the Haupt- mann trial. The convicted man's known holdings increased U.S.- $44,282.10 following the payment of the Lindbergh ransom of U.S.$50,000,
THE CHINA MAIL, TUESDAY, MARCH 5, 1935
NEW YORK STOCK MARKET
HONG KONG LAND
INVESTMENT AND
AGENCY CO., LTD.
(Continued from Page 9.)
therefore come to $3 per share, In- volving a sum of $900,000. This you will observe is covered by the Balance of Profit and Loss Account and does not encroach upon our, Re- serves, which, in these difficult times, your Board thinks it wiser
to maintain fully.
"Our annual meeting has at var
ious times been the occasion for my predecessors to give their idea of
the future prospects of the Com- pany. This I am afraid is rather beyond me or anyone to do in this period of depression. I am con- vinced, however, that the more op timism we show the better will it
be for all of us. As far as this Company's activities are concerned, I think you will agree with me that we are setting a good example in preparing for the return of pros perity by building a large block of flats at Bowen Road, thereby re- placing four old houses, and also by re-building a very ancient: block of buildings in Queen's Road, These should be the means of considerable increase to our revenue in the near future.
(Continued From age 6) NEW YORK STOCK recommend
EXCHANGE
Reuter Quotations
March 2.
Sceptics might wonder how it la: then that Japan is allowing her withdrawal from the League of Na tions to become effeclive on March 27. The
answer appears to .bo that her idea of peace- ful and friendly relations' does not Include co-operative effort for common purposes of world- wide welfare. Some very signif cant sentences appear in the clos- ing paragraphs of Mr. Hirola's ad-| dreas. "After all," he says, "the foreign relations of a country are the reflection of the moral power: and material strength of its peo; ple," Foreign policy thẹn must be directed to "the consolidation of "their position," and "the consumma-
"Graina:-Erratic Joreign ex- tion of their purpose." "If all, of change reports and some moisture us (ie, of the Japanese people in the grain belt brought scattered work together, it will not be difficult gelling early in the session but later to surmount any obstacles we may the markets became dull. -encounter." Mr Hirota recognises by local statisticians on the winter Reports that "extreme caution as well as wheat condition had no strong determination" are needed Increased offerings of
in the midst of the complicated corn are experted, due to the de- and unsettled conditions which
cline in Sterling. nowadays universally characteriso
"Cotton:---The action of foreign N.Y./Londen international relationships" and he exchanges in concludes by an appeal "for the that which is passing-in mainly of
restricting business; N.Y. Cotton
Mar. united support of the whole nation."]
a. trade character,
July Strange Inconsistencies
Oct, Rubber: The market was weak. N.V. Rubber If we read the renininder of Mr. Major selling occurred in the Mar. Hirota's speech in the light of this morning, due to the weakness of expel the Red armies and to recover Sterling and heavy selling by Sept policy, given, very largely in his commission houses, with stop-loza
C. Wheat May 97 own deliberately chosen words, it is ordere uncovered on the way down. C. Corn May 84
July difficult, to say the least, to seal Prices rallied late in the Session W. Wheat May 84% how his protestations of "goodwill" on firmer Sterling and good foreign STOCK S and "fraternal sentiments without buying for December and January. Amer Setting 37 any mutual menace" can be inter Dealers were buying March option. Du Pont
Con Gas N.Y. 17% 17% 17% preted in any trustworthy Western Sugar-Quiet but steady condi- Elec Bond & Sh 4%
93 93% 02
4% 4% tions prevailed. The Spot quota- General Motors 294
294 Int Tel & Tel
35% 35%
25 26% 15 15% 15%
38%
sense, =
Influence. The following quotations from New Argentine York have been received by Reuter,
Lait eloso 10.15 11.00
March 5. 4.774 4.73% 4.74
July
12.34 12.52. 12.48 *12.47. 12.38
12.45 12.37
12.60
12.78 12.08 12.94 12.84
1251
12.06
97 .01144
83%
83%
924
27
EF
$489,168 Carried Forward'. "Your Direct ra, as I have said, n final Dividend of $1.50 per shar. They also recom- mend a Bony to Staff of $8,000, a reduction o that voted for past years, but which I trust you will ap- prove as a recognition of much greater and more difficult work during 1984. Further, it is propos jed to appropriate the sum of $35,- 426.91 to bring our Special Repairs. and Renewals Account up to a round figure of $50,000, and a further $100,000 to our Rebuilding Re- serve; which leaves us a balance of $489,468.21 to carry forward to a [new account,"
Election Of Officers The report and accounts, were seconded by Mr. J. A. Tarrant and! carried unanimously.
As Mr. H. H. H. Priestley had 36% resigned, Mr. F. H. Crapnell pro- posed, and Mr.-H. W Dulley seconded, that Mr. A. Raymond be invited to join the Board,
25
27
294
39
92% 324
12%
It is unnecessary to illustrate the tion stands nominally at 3.00 cents. Loew's Inc 26 force of the doubts one is bound to Buyers were found over that quota-Montgomery W. 25% feel by analysing point by point the tion with the lowest offering at 3.06 Nat Distillers references to Japan's relations with Manchukuo, the U.S.A., Great Brients. Refined prices remained NY. Central unchanged.
Standard Ol NJ 89 tain and the Soviet Union. It is
Flashes:Fischer's Weekly Com-U.S. Steel sufficient at any rate to draw atten modity Index was 82.0, as against tion to what Mr. Hirota has to say 82.2 for last week.
COMMODITY PRICES about China.. He expresses a bene-
Mill activity is estimated at 48.2) volent interest in China's efforts to
The following quotations have per cent. of capacity. expel the Red armies and to. recover
Messrs. E. A. Pierce & Company's been received by Reuter. her stability, and indeed offers help report on the opening of the mar
March 3, March 4, for both purposes, buť regrets that
New York Cotton:- even now (ie. two years and more,
The opening of Wall Street to- since Japan wrenched from China day was, generally, slightly lower March
Closing Closing
12.34 the provinces of Manchuria
12.27. on very light activity. Sentiment May
12.39
and
kets:
Jehol) "in certain localities anti-is improving, while the buslocas July. Japanese agitation has not yet been outlook is mixed. completely brought to an end,” but
October
On the cotton market at the December is glad to acknowledge "a growing trend among the Chinese people to opening, there was some
appreciate the true motive, · af Japan."
comment, for, even while he was speaking, Japanese troops were pre paring to cut off another chunk of Chinese territory, a job which they have since done with their well- known methods of forceful efficiency.
selling. The tone of the market May was fairly steady..
Latest Quotationa
.12.46
.12.52 12:45
12.47
12.39
..12.55
12.44
concen- January (1986) ....12.57′′ trated liquidation. Liverpool way Spot selling January option mostly. New York Rubber:-- It is unnecessary to add a verbal while domestic trade was absorbing March
1248
, 12.60 -* 12.55
July September October December
12.60 12.39 .12.67
12.48 .12.78 12.60 12.94 *12.74 13,09 12.80 .19.23
12.96
May
97
Prev. To-day July
91%
close close September. ..... 4.77% 477 Chicago Corni
90%
12.52 12.45 May
88
12.78
12.60 July
07.
September
76%
83%
59.25 58
Winniper Wheat;
May July
81
89
New York Bukar:- March May
2.08 2.05 2.07 205
GOODS SOLD WITH FALSE NAME
Alleged imitation (if Firm's Wrapper
$100 FIRE AND COSTS IMPOSED
The following quotations have Chicago, Wheat:- been received by Reuter.
N.Y./London
cross-rate
N.Y. Colton-May N.Y. Rubber--May Chicago Wheat-May 97% Chicago Corn-May .84 Montreal Silver-Mar. 69.25 Silver Official
Dow Jones
To-day's Mar. 2 close. Change |30 Industriala. 108.22 102.58 .64 off 20 Rails... 30.91 80.52 .39 off 20 Utilities ... 15.88 15.78.00 off
•
Summoned fo'ng in posses 40 Bonds .... 98.67 96.52 15. off sion of ruthe pea in wrappers 11 Commodity bearing a rate description,
the Yu Ch
Mr. D. V. Stevenson proposed that Mesars. S. T. Williamson, and Felix A. Joseph, who were due to retire from the Board by rotation, be re-elected. This was seconded by E. A. Jenkinson and when put to the meeting was carried unanim- ously.
PLANS NOW OPEN
UZLODE
G
QUEEN'S BOOK YOUR SEATS NOW
THE BRILLIANT, FAMOUS BALINESE DANCER.
RATU IDJA
WITH
DEWI RATNA
·AND:
THE ROYAL BALINESE DANCERS
t
AKOBLO
M
THESE PERFORMANCES PRESENT THE HIGHEST POINT EVER REACHED BY MALAYSIAN FOLK MUSIC AND DANCING AND WE CAN REMEMBER NO. THING TO COMPARE WITH ITS EXOTIC AND YET SATISFYING QUALITY IN THE LAST TEN YEARS
WROTE THE "STRAITS TIMES"
PREMIERE: WEDNESDAY, March 6th at 9,30 p.m.
Thursday, Friday, Saturday 2 shows daily, at: 5.10 and 9.30 p.m. Admission: $3.00, $2.00, $1.00 and 50 cts, excl. Tax.
SHANGHAI STOCK MARKET
Business Neglected All Round
TIGHTNESS OF MONEY STILL CONTINUES
A.O.F.C. Comment
Shanghai, Wednesday. The local rubber share market failed to respond last Tuesday to Mr. L. C. F. Bellamy proposed, the steadiness of the raw material and Mr. O. Eager seconded, that markets resulting from the favour the Auditors, Messrs. Percy Smith, able gold clause decision. The Seth & Fleming and Mesara. Lin-
HONG KONG MARKET PRODUCE
APPROXIMATE RETAIL PRICES.
Mar 1, Mar.
1918-1995
BUTCHER MEAT.
Beef Birloin.
Prime Cut
Corned
H Roast
Breast Soup
Steak
Mar. 1, Mar.
1935 1918
Gta.
Cle.
· POULTRY.
Chicken Capons, Small Dock
lb, 42.
80
45.28
30
Large
49 28
75 22
Doves
each 95,
22
20
20
Ergo, Hen (cooking) per doz, 30 Eggs, Hen (fresh) Fowl, Hainan
18
25.20
:32 25
"
8024
16.
85
Steak Sirloin
21
GD
Bausages
"
Canton
80
Goose
29
Bullock's Brains
per set 1710
Pigeons, Canton
esch 50
Tongue, fresh
each 70 50
80
# corned
'Kalhow
29
Turkeys, Cock
Hen Snipa Pheasant Quail
16:
Head Heart'
H
1.0060
2.00
24
01
each 18
Feet
pair 1.60 2.20
Hump, Salt Kidneys
each : 10, 10
15
each 16
Tail
each '75 10
Liver
Tripe
Calves' Head & Feet
1b.
1.00 44 20
stead & Davis, be re-elected for a general market remained neglected further year,
and in the group of debentures, sellers predominated.'
Wednesday was exceedingly dull; no transactions at all' were recorded] Partridge in the rubber section and in the
LOCAL NEWS BREVITIES
FRUITS. general market the whole business Almonds Hong Kong rainfall for the 24
done amounted to 200 Chinese En-Apples (California)
Bananas
(bride's) heurs ending at 10a.m. to-day was gineering and Mining and Realty Carambala 0.01 inch. The total since January Works 7 per cent. Preferred.
Investment and Shanghai Water Coconuts 1 is 2.70 inches, as against an aver- age of 8.28 inches. Seat Brand No Improvement
(80) CHENE CL| 0662697888 3 8 8 688 XNOAD
1b,40 25 Mutton Chip
each
Lemons, China
Americas each Dried
Ib. 1.20 On the following day the situa- Oranges (Canton) The 55. Santhia will leave heretion was more or less the same,, Pears (Canton)
Oranges (Sweet),
for Amoy, Shanghai, Moit, Kobe.sines the most important factor in Oranges (America) each and Osaka on Thursday at 6 am.
each
VEGETABLES, ETC.
Artichokes. Beam, Sprout.....
Long
fluencing the market, the unusual Persimmons, Large
Fumelo,
Siam tightness of money, did not im- The annual general meeting of
Walnuts prove. Owing to a rise in exchange Grapes the European Y.M.C.A., Kowloon. Shanghai Water Works stock drop will be held in the West Lounge at ped to 520, a decline of 15 poluta 6 pm on Thursday, and will be from the last rate. 1984 presided over by Sir William Shen- During Thursday's session busi ton, President, who will present ness was practically at a standstill. the report and balance sheet for Shanghai Power & per cent. Deben- Beet Root (the past year.
tures closed at 89.50, Marden 6 per Brinjala, Green
Red cent. at 95, or five points below the cabbage, Chinese The Third Annual General Meet listed normal quotation.
Wappen (Shanghai) ing of the Children's Playgrounds There was nothing worth while to Cauliflower (Large) Association will be held at the report on the markete on Saturday (Medium) Public Works Department Board and Monday of this week. A few
(Small) Rooms next Monday, at 8.15 p. Shanghai Power 6 per cent. Pre- Celery, Chinese... Among the items on the agenda is ference shares were sold at 130 on Chiles, Dried the election of a President, a Vice Monday and 250 Ewo Mills were
Red President, an Honorary Treasurer done at 9 and 1,000 Tehongs at 47.
Green Carry Stoff, English and an Hon. Secretary for the en-parente
Guembers Garlic
2.10.2.09 2.12 2.10 July
2.16 2.16 2:18 217 September 2.21 2.21 2.28 2.22 ¡December 10.02.27 2.27·2.29 2.28°
Ved York Silk:- 85% March
May... July
Index
58.95. 58.70.25 off 10 Leading Stocke Amer Smelting
Li. Kung-ng manager of
: Linnany, Nó. 27 Auburn
25, 50 Bonhara" J. I. Case, fined $100 and Elec Bond & Share
General Motors
Jervois Sun Strand F
ordered ta
Schofeld 1: yesterday
A secon
false trad
ed. Ar o handed o Chan T
of Badley Buliding Mr. pearing to
granted
gests by Mr. W. Int Tel & Tel ... Central Mingistracy Montgomery Ward
Nat Distillers
of applying a N.Y. Central
U.S. Steel
suing year; the election of the Customs Bonds Shump 82% Chairman; and other members of On the Chinese Government Bond
the Executive Committee; and the Market 28rd Year Customs.con election of, an Hon. Auditor. "Ainued to be in the foreground While some of the other issues re- A fine of $75, in default six slumped heavily, resulting in cod 60.70 weeks hard labour, was imposed gistered smal, gains, this isstic
Carrots
10
==
Log
Shoulder Saddle Brains Chitlinge
Feat
#
Head
Kidneys Liver
∙16 10
Lion
Leg
Fat or Lard
Porks Chop
Sheep's Head & Fest yor
Heart
ย
Kidney Liver
Bucking Pige
order
Buet, Boet
Just, Beef
Veal
Mutton
Bausages
Barbel
Bream
ton Fr
Water Fish
24. 10 10 1
Godfish Craba
22
1.823 1.38% 1.88
82 8214
Cuttle Fish Danco
Eels, Conge
7 March 24% May
-44 1tréal Silver:- 2044
Geger;
#
Yello
58.50 59.25
2716 July
14ptember!
60.50.b 81.00 b
58.77 59,25 60.15
8274
New York Metals:
BA-BIDAN Copper March min March
Old Horseradish, S'haf Indian Corn. Lettuce Okres Inions, n
20:1 Caroupa
Gudegen
Herrings
Halibut
Lobster
Mackerel
Mullet
J
Oysters
6.08. 4:00
8.22 16.90
Parsley
Pearch
tracy this morning for possessing
Potato
Pike C
42 Macao po piu lottery tickets,"
DO YOU WANT
Plaice
GA YOUR SOUL SAVED T
Pomfret, White
You are rather silly
DO YOU BELIEVEN
Pomfret, Black
banc
mend раза
remark
Salmo Shar
dismin Business Done: 120,000 chers. You be
complainant, for the complainant firm.
annager Mr. Schofield said there was no
China evidence on the summons of apply ing a false, trade description, and ap accordingly dismissed It
made an
Mr. Schofield held, however, that it was most Improbable defendzut here was should have been ignorant, bation was extence of the boxes of
anf or have missed the fact utton appeared his brand was a very close limitatio
CLINICS FOR RECLAIMED
AREAS IN KIANGSI:"
Twelve medical corps-havs
Ing for the reclaimed
storenta
have ben sent by the
Health
on Ho Yat, aged 20, by Mr. E. L. aiderably lower quotations Wynne-Jones at the Banting Tools
IN MIRACLES T
THE MIRACLE
WOMAN
IS IN TOWN