Page
AMERICA N-ORIENTAL
FÍNANCE CORPORATION
Agents in Hong Kong
Asia Lands Limited
Gloucester Building. Talephone 28820.
Latest
BRUNSWICK
and
MELOTONE
HONG KONG DAILY PRESS, FRIDAY, AUGUST 26, 1932.
NEW YORK STOCK HONG KONG STOCK JAPAN'S POLICY IN EXPLORER'S LONELY DAILY SHARE QUOTATIONS
EXCHANGE.
A.O.F.C. QUOTATIONS.
New York, August 24, Dow Jones Averages:-
Aug. Aug. Aug.
24
Change
30 Industriais 79.13 73.55 1.42 up 20 Rails 33.45 30,32 2.87 up 20 Utilities. 32.28 32.69 43 up
Massrs. E. A; Pierce and Co. Report,
Further gains are indicated but the market is more selective.. Business done: Not stated:--
RECORDS American Telegraph
Last To-day's
1171
Prica Prico.
Air Reduction
$501
Book
Allied Chemical and
Dyo
93;
83/
American Can....... 50
671
and Telephone ....... 1133 American
Tobacco
-Obtainable-
-from-
"B"
901
Auburn
071
US
Borden Company
31
32
Canadian Pacifo
184
171
THE
Consolidated Gas of
New York
014
Drugs, Inc.
401.
40
Du Pont de Nemours 39
401*
Eastman Kodak
54
#3
IDZ
195
General Foods
30
30%
General Motors International
151
10)
Harvestor 322
International Tel, and
Tel.
113
121
Liggett and Myéra
"B"
301
59
Loow's Inc. ......
32
30
Pacifio Gas and Elec.
tric
31
32
Pennsylvania Railway 18
184
A sensation on
Radio Corporation
0
the Stugo, #
Sears Roebuck...... 22
23
Standard Oil Co. of
BRUNSWICK HOUSE
Arcade, Gloucester Bldg.
COMMENCING SUN. 28th AUG. AT THE KING'S THEATRE.
Dritain's greatest masterpiece?
greater sensation
on the Screen
DOROTHY BMADIS
INTER-XSTORAL SUCCESS-
The OUTSIDER
СНЬИН
The romance at
"quack' and the gier,
1: cured.
HAROLD HUTH
JOAN BARRY FRANK LAWTON NORMAN MCKINNEL
FOREIGN NEWS IN BRIET.
Mr. Norman Armour. former Counsellor to the American Em- bassies at Tokyo and Paris, has been appointed American Minister to Haiti.
Premier Sidky Pasha of Egypti has denied reports that Great Bri- tain and Egypt were negotiating a treaty of alliance.
Forty-one Turkish Communiste and one Gennan detained in the Central Prison in Turkey have gone on hunger strike. The strikers are now being forcibly fed.
General Electrio
Now Jersey
Sacony-Vacuum Corp. 117
Union Carbide
Carbon
( ** £ 8B2E TIČ1⁄2磻 ¤ ¤ 。7 *I** ** ** **T
and
201
Union Pacific
80
80%
United Aircraft and
Trans
181
United States Steel...
45
45
Westinghouse E. & M. 39
38)
*--Ex. div.
LONDON EXCHANGE
RATES
(BRITISH WIRELESP SERVICE)
Paris New York Montreal
Brussel's
Geneva Milan Amsterdam Berlin Stockholm
MARKET.
YESTERDAY'S OFFICIAL
QUOTATIONS.
The last minute raid launched on Cements just at the close 00 Wednesday appeared to have spant itself at the opening yesterday morning, Cements being then about $13 cash buyers, against Wednes day's 812.80 September.
The rest of the market also took on a better appearance, and there were quite a few buying ordera in ovidence:-
Sales,
China Lights (Old), 817.70. Hong Kong Electrica, 874/78.
Buyers.
Hong Kong Banks, $1,575. Union Insurances, '8467). China Fire Insurances, $620. International Assen., Tls. 4. Hong Kong Steamboats, 821. Calon Waterboats, $201. Benguet Consolidated, $152. Raubs, 8101.
Bouguet Explorations, 20 cts. H.K. Hotels (Old), #101. Hong Kong Lands, #751. Humphreys, $16.00.
Hong Kong Realtics,
Ewo Cottons, Tls. 14.35. Peak Trams (New), 87). Yaumati Ferries (Old), 8312, Yaumati Ferries (New), 9331. China Lights (Old), 817.60. China Lights (New), Hong Kong Electrics, 8744. Malabon Sugars, 893.
Cements (Cosh.), 813).
Cements (Old), 80},
17.10.
Lane, Crawfords, 851. H.K. Amusements, 8101. H.K. Govt. Lonna, 3% premium,
Sollers.
Providents (Old), 84.80. Hong Kong Electrics, 875. Coments (Comb.), 83).. Constructions (Old), 88.80.
DIESEL TRACTION.
NEW L.N.E.R. COACH.
Hamilton.
Colonial Government reprosenta |tives-including Mr. Leitch, Agent 182-General for Victoria (Australia), and Mr H. W. Ely, Agent-General for Tasmania-and home railway officials yesterday were taken on a special demonstration run in the
Armstrong-Whitworth ail w eltotric motor train, the "Lady The motor train made a record run from Newcastle to London last week, when the total fuel cuals amounted to 1is, bd.
Yestorday's trip marked the first official journey, ever made from « London station by this new type of railway tractor. In the run, which was from King's Cross to Hertford North, the motor train, which was carrying 40 passengers, hauled an L.N.E.H. passenger coach.
Rugby, August 24.
88 9/10
Copenhagen.........
Osio
Vienna: threa
Prague
Helsingfors
Bucharest
Madrid Lisbon,
3.40
3.02)
24.02)
17.80
87)
8,00
14,53
19.47
18.77)
19 31/32 30
110
932
507
43 1/16
5.5/32. Nora.
1/9 1/16
110
Athens
535
Belgrade
215
Rio
Buenos Aires......
Montevideo
Bombay
31 nom. 1/03/32
Shanghai
Hong Kong
1/4
Die.
Yokohama Silver, spot Silver, forward
1/3 18 1/16 18 3/10
EXCHANGE.
According to the Sunday watch London, the British gov- ernment is planning to present a new bill for the reduction of the dole from October. The reductions proposed will be part of a new pro- gramme of government economy.
The re-floating of the Niobe, the German training ship which sank ON
in the North Boa a few weeks ago, has been partially effected. The wreck was raised on steel cables and moved for about two miles and then lowered back to the bottom because of its weight and the state of the sea.
CLOSING QUOTATIONS.
August 25, 1833. LONDON:- Telegraphie Transfer... 1/4 Bank Billa, on demand 1/4 Bank Billa 4 months'
sight
1/41 Credits, 4 'mantha
night....... Bank Bills, on demand 587) .Credita, 4 months' sight 627) ON NEW YORK:-
ON PARIS :-----
Bank Bills, on demand 93 1/10 Credits, 60 days' sight. 94 3/18 On BOMBAY -
Telegraphio Transfor Bank, on demand ... OR CALOUTTA :---
Telegraphic Transfer Bank, on demand ON SHANGHAI: ---
Bank, at sigha ... On ToxOMAMA :—
The German Minisetr of Econo mica, Prof. Warmbold, has grant ed, in the interest, of the German export business, a demand that the Control-Office of Foreign. Curren- cies permit. foreign companies in Germany larger freedom in, the use of their money, which, since the publication of the last foreign our rencies, control decree, were only allowed to use a limited part of it for export business; insofar as the money was used for purchases” në
On demand. splas the forthcoming Leipzig Fair, This O BAIGON:On demand décision is expected to contribute On BanGYOK DAA
Jose
On demand perro... 1014. O MANILA On demand........ 46) ON SINGAPORE:--
On deasad ............. 574 BATAVIA:On demand. 678
On Hanoi
to an improvement of Germany's On demand export trade which was badly ham- Bovazsigns, Bank's Buying pered by the control of the export leg Rate: Sinoniman of foreign currencies:“
BAN SILVER, për
Although keeping to a strict time schedule, it attained a speed ex- ceeding 60 m.h.p. at a number of points. The total fuel costs for the return journey-a distance of 54) miles-approximated 2s. 6d.
Interviewed after the run, Leitch, Agent-General for Victoria, stated "I am deeply impressed by to day's run, and I believe that Diesel-electric locomotives will have a big future in countries such as Australia. The acceleration was excellent, as was the smoothness of running at high speeds."
Mr. Ely was equally satisfied with the run. He said that oil electric traction was deserving the very closet examination by all railways, especially those where coal and water wore scarce,
SHOES AT MAGISTRATE.
MANCHURIA
(Continued from Page U.)
and should be regarded as a consequence of the disturbed conditions in China, and that recognition by Japan of the new state thus created cannot violate the stipulations of the Nine Power Treaty. Now let me proceed further and dwell upon the reasons why the Japaness Cluvernment consider recognition of Manchukue as the sole effective means of solving the Manchurian problem.
JAPAN'S SOLUTION,
With regard of the question of fading
a solution for the Manchurian problem, the Japanese Government attaches the grootent importance to the following two points:-
1. That in soaking a satisfactory
solution wo should aim at the fulfilment of the legitimate aspirations of the Man churian people, alequate guarantees for the rights and interests of Japan, at prevention (in order to make Man- churía a safe place to live in alike for Manchurians and foreigners) of any ro- cradoscunce of erstwhile anti-foreign policy and movements, and finally at bringing not only stability to Manchuria but permanent peses to the Far East.
2-That such solution should be effected by rejecting all sentimental and abstract theories and arrived at upen the solid basis of the realities of the situation. In view of the circumstances that led to the outbreak of last Sep tember and the immouse sacrifices that our country have been compelled to ninke in the past, the Japanese Govern- meat feel the imperious need of arriving
at a fundamental solution of the Man- churian problem on the lines of these two propositions, and of eliminating for all the time causes of Sino-Japanese conflict...
...
On the other hand, it appears that 1 certain quarters a plan is being cen- sidored to reach a solution by patching up mattore for the moment by investing China Proper, in one form or another, with authority over Manchuris. Thas such plan would only serve to reproduca the situation preceding the incident, of Sopiomber 18, 1931, is only too pinin to us, who have boon taught by bitter experiences in the past. The people of Japan can never comment & solution of that kind. Moreover, it is as clear day that the investment of Chios Manchuria. Proper with power over under whatever guise, is totally irre- concilable with the political crcod enunciated in the declaration of inde pendence and other public statements of the Manchukue Government, and, there- fore, that scheine has no chance of being accepted by the Manchurians, The imposition upan. Mancharia of whet is not wanted by the Manchurians would be unjust, and ill-advised, in that: it would only end by sowing seeds of future trouble in that land. Sent
The plan to invest China Proper with authority over Manchuria, and all mea- sures of a similar tomporizing kind, will nover felf the object of making Man- churia s safe and happy land for both cord with our principle of finding a natives and foreignem, nor do they ac
solution upon the basis of the realities of the situation. Certainly it is not the way wherein to bring stability to Matchuris or permanent pouce in the East.
MANCHUKUO POLICY.
Manchukuo' has Bot out upon 1 honest programme that is open and above board. It declared its intention to purse the policy of justice, peace and friendship towards other countries, to take over the obligations of existing treaties according to international Jaw and usage, to respect ted rights and interests of foreignore, and to protect their lives and properties, to welcome all allons and to accord thom equal equitable treatment irrespective of their racial origin, to adhere to the principle of the Open Door, to promote inter national trade and to contribute to the economic development of the world; and Manchukuo's sincerity of purpose has bega definitely established.
It is plain therefora that to extend to Manchukuo formal recognition and assist its Government to carry on their sound policy, will be a notable-stop to. ward making Manchuria a happy and peaceful land for natives and foreignern sliko on the bakloftthe realities of the situation. And it is plain too' that such is the only way to secure the permanent solution of the Manchurian
BURMAN SCORES TWO- MISSES IN RANGOON.
Rangoon, Aug. 2.-There was considerable excitement in the court room of the First Additional problem. Magistrate, Rangoon, yesterday As long as Manchukyo retains the when Burman prisoner on hear | steuring spirit wherein it was founded ing the soutence passed on him and and perserves in its high purpose, it is his two companions in connection assured of a future full of promise. with a burglary case hurled a pair Here and there we and persons enter. of rubber shoes at the presiding taining an axaggerated fear of the perils magistrate.
the
Fortunately both missed mark. The accused, it is atatad, also abused the magistrate.
The accused was marched off to the lock-up with some difficulty.
UNCLAIMED TELEGRAMS,
...
AT THE EASTERN EXTENSION, “AUSTRALASIA AND CHINA
· TELEGRAPH Co., Lan
FROM Londonpo
"C. OF OLARKE, "Manager"
Booksta
140
1/4)
18-1/16⋅ Hong Kong, August 25, 1832."
HONG KONG STOCK EXCHANGE.
DEATH.
GORED BY WOUNDED BUFFALO.
Buyer Sellers
How Dr. Cuthbert Christy, a distinguished explorer and scien tist, died alone in his tent after being tossed and gored by. wounded buffalo in the Belgian Congo is tald in the first detailed story of the tragedy which has reached from the Congo.
The doctor, who was a member of an expedition which set out un dar the auspieces of the Belgian authorities to obtain specionens of elephants for the Belgian Museum, had left the party's headquartere at Welle, in the north-east of the Belgian Congo, on May 11, to make his way up the Aka River in search of further specimens, Ho was abcompanied by three, native. elephant hanters, two boys, and 25 carriers,
{
While out with two boys on May 27 Dr, Christy sighted a small herd of buffaloes-the strongest animala in the world for their size. At a range of 60 yards he fired two shots, hitting a male buffalo; two more shots, and the animal fall to the ground, a hind leg shattered; a fifth shot struck, him near the tail.
The enraged beast rose, dragging its wounded leg, and charged to- wards the men, They fled for safety, but the buffalo caught Dr. Christy, who received a tremen- dous blow. He was flung into the air, thrown down on his head, and gored in the right thigh.
A run-
SHAREBROKERS
ASSOCIATION.
8018
Koninai
4
THURSDAY. AUGUST 25.
Bayare Büller
Banks
$1,076
$1,580
H.K. Banks
$3,570
શમ
Do. (London). .......
£18)
Chartered Banka
£13
£21
Morcantile Bes "A"
**
Do.
ROL
3100
Bank of East Asia...
N. O. & 8. Barka
57 25
Am. O. Fio. Corp:
3
•
16- 84.30
China Fin. Corp, Urd
Do.
Prof.,
Insurances
$1,400
Canton listrRNICAS.........
12.10
Underwriters
$1,410
China Fires
Union Insurancos.* $460
1295
31,20
H.K. Fires
3650
$1,200
International Assco..
H
194
Boy.
4576
$20
$407)
1820
**
34
#931
47-117 21
skipping
Douginsessiyanı Steainboats.
4x6
$40
Indoa (prof.)...............
132
47/6
$80
are
$132
Da
20 ot.
3101
13/8
1.3
Du (de)mpresses Sholla Water-boats
Mining
Benguet à DESAST
Venezuela Gold Fuls $1.65 1.85
Kailans.***...tan!
Langkats (sin gia)...
T210 Explorations.........
T2,30
Shanghai Loans .... Raabs EVALPROTE Tronoh Minos Benguet Explorations
Docks, Wharven,
Godowns, sto HK. & K. Wharrea. $138
Providenta (old)
(New)
**
H.K. & W. Docks ...
$138
$4.90
Do.
$9.30
191
$10
S. China Motor 'A'
Do.
"B"
18
'T.84
Shanghai Docks ...
New Engineerings
T218 Hongkow ..........
$10,00
[$10.80)
$76
**
***
T.
2.10
$15,90
Dr. Christy was taken back to the camp on a stretcher. Though suffering severely from the injuries to his back, chest, and shoulders ho superintended the washing and bandaging of his wound, ner was sent to the nearest station fifty miles away, and a medical assistant sot out for the camp with all possible speed. Bat he was too late. Dr. Christy, finding that he T14.30 was dying on May 29, sent all his companions out of his tent in the morning, and died alone at 2 p.m.
Dr. Christy's companions carried his body, together with his paners, notebooks, and other possessions, to the base, where, shrouded in a Union Jack, he was buried in the $34) presence of officials and assistants. All Dr. Christy's luggage, including his vapers and firearms, were sent to the Belgian Colonial Office.” ·
REVOLVER: NO LICENCE..
HEAVY SENTENCE PASSED.
IN CALCUTTA.
Calcutta, July 27-found guilty of the possession of a six cham- live ear bered revolver and 38
in June tridges without licence,
Chatterjee last, Swadeshranjan was sentenced to-day to undergo three years' rigorous imprisonment and to pay a fine of Rs. 40, or, in default, & further six months' im- prisonment, by the Chief Presi deney Magistrate.
for the world. It is my hope that the healthy development of Manchukuo will not only bring happiness and prosperity to the thirty million inhabitants of the country but will also serve as a good example for the rehabilitation of China Propor,
CONDITIONS IN CHINA.
As regards conditions prevailing in China Proper I regret to say that grow, ing disturbance in her domostic ad- ministration, coupled with rampant ac tivities of Communist bandits, through an extensive ares in the Yangtze Valley and South Chius, is-casting) # gloomy shadow on the path of the National Government. Besides as the anti- foreign, especially the anti-Japanoso movement still continues unabated, fur ther complications are likely to arise in the foreige relations, of Chiria which in turn make her internal confusion worse confounded. Truly our deep sympathy is due to the Chinese people, who have suffered under these troubled ennditions.. To allow such conditions to persist us they are, I am firmly convinced, will not only be deplorable for Chinn her self but will constitute a constant danger of bring about a serious menace to be rights and interests of foreign powers.
On the contrary tha whole world wili
of banditry in Manchuria or making gloomy forecasts regarding the fanaces of that country, But wo refuse to join the company of these posiîmists.
Upheavals brought about by lawires rejoice, shuld China realize the gravity elements are universal phenomena to of the situation, exnt maldo her be observed in newly established stetos advised foreign" polloy' pad· ́ ́adopt an anywhere in the world. Whores in earneal constructive programme of de most of such cases it takes some con- votion to the 'task of internal readjoats siderable time to put unrest down, It is only fair to say that in Manchuria sup. pression of beaditry is making compara. | tively rapid stridos. As for the finan cial status of Manchukue, I have been told that it in good roally far botter than was anticipated at firat by the Manchurian authorities. In view of the vart territory, the thriving popula lon and Immense natural resources in its possession, there oko bono doubt that Manchukuo, glyen "good governmont will" omerge a rich and prosperous country and some to be a great market {σäntinued on. nèze column.)
$9.45
Lands, Hotels, and
Buildings
H.K. Hotels (old) $10.60 Do. (new) $1.20
H.K. Lands
Shanghai Lands
Metropolitan Landa,
|
HK, Healties......$9.60
T11.40 China Do..........
Do. Debentures
Humphroys
1.06
$155
Asin Realtios “A”M
fi..
$261
Do,
"B" M
$100
Chinesa Estatas....
10+
Cotton Mills
དས་
$4.00
$10.00
IM
$75年
Ewos...........|T1486] T.143]
T6 S'hai Colton.........
T11.10 Zoong Sings
$156 Wing On Textika(5.) 3132 Pabllo Utilities
$222
$10
#22
Tramways... $22
Poak Trams (old) ....
Do.
Star Ferries
(now)...
Yaumati Ferries (old) $3b (new) 534 Chins Lights (old)...
Do.
Do. (HOW)... H.K. Klectrica Macao do,
***
310
184
T.61
T.67
$17%
$17
$331
5.40
$17
$24
$19
Sandakan Lights.
126
$281
1.10
Telephones (fully pd.) Do, (part pd.) China Buses
$26
12/8
124
miu imu889 S
+1
Tractions 932198(41
Do. (pref.). Industriais
Mulabon Sugars
T.14 Caldbook, (ords) T.104 Masgregor J(prof.)
Canton Ice
Cements (comb.)...
(old)...
Do.
Do
(now)...
Hopes
Ch: Agrionlurus...
Miscellaneous
Dairy Farma...... Der A. Wing................| Amusementen
Ch. Etainment...
Constructions, (old)
Do. (now)
201
1271
323
$6.75
$13.25
$LAG
$13
$a)
$13.
$10
$28
31
きゅう
$121
$8.80
$1.70
Lane Crawfords......|| $5.25
$21
Mackintosh
Nauyang Tobacco... 14.50
818
Binceres
$16
$16
$13
Warsons (old) .io.
$184
(NOW) ******
$3,35
WI.
$3.30
$10
$y}
1,5
80%,
3o prem
$12.90 Wallace Harper
$10
China Sports Ltd....
6266
H.K. Wing On
S'hai. Do.
m. Powell
..
United Theatre...
B. Ind. G. Bonds... 60%
H.K. Goyt. LoanS........ $102
LOCAL AND REGULAR OUTWARD MAILS.
Santon ...
$280
WEER DAYS.
Pop
FROM G.P,Q.-
FROM SHEUNGWAN BRANCH P.C.)
FROM G.P.O.
SUNDAYS & FOLIDATA
FROM [SEHUNGWAN
BRANDE
[7.38 00, & (7,00 mm
6.00 pm.
4.00
7,00p.m.
4.00 pm V
(7.18 ƒ 7,00 mm.
8,00p.m.
4.00 pm
[6.15,
17.00pm
9,00
fano
Bundays
"Bamshni and Wunhow (By
direct stammer)
Macso & Truslar
11,80p.m.
(7,45 am, & § 7,80 (1.16 p.m. Kongmoon (except Baturdays) 6.00 på,
Hankong (except Saturdays). jan Fatahan, and Wushop (By }}. 7.16 ..
Train)
Cheungobow
Aberdeen
ment. It goes without saying that Tai O Japan, always conscious of the general Tai Po Interests of the Far East, will spare no effort to afford all possible assistanco Shumabun to Chins-Indeed it is my forvent hapa. that the day is not far distant when Japan, Manchukto and Chine, as throe Independant Powers closely linked toi gether by bond of eultural and racial Stanley... allinities, will come to co-operate, hand Pingalaaf Santia
hand, for the maintenance and ad
· Bhutanikok" and vancement of the peans and the pros--miseni perity of the Bar Exat sa well an för the peace of the world and civilization of the mankind:
Baildung ...
Jumda)
1.00 p.m.
(0.00 am. &
8,00 pm
9.00 Ad
8,00
1.00 pm A
1.15 p Sundays
$80 pita
| 8,16 KM)|||||||B,30 1,211.:
(only N Lonly
6.00 p.m 6.00 pm
6.00 pr. 6.00 pus
7.18.
11,00
8.00.
- 21.00
( 11,00 %.
15,00 p.m.
" & 8.00 prz
8,001
19.80 0.
8,305
480p.m
1.00 p
8.00. 100 8.30 12.
10.30 am
10,80 #19
Page 5Page 6