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MASON'S
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Hongkong Daily Press.
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ESTABLISHED. 1857.
No. 23276. 號陸拾柒佰弍仟叁离式第 BEKAXEUX HONG KONG, WEDNESDAY, MARCH 8, 1933. ✩ĦD UNASEST*** Price
"SIMPLEX"
BOTTLE POURERS—
have no mechanism to get out of order.. Worked by an air lock, you need simply tip the bottle up and the flow will cease when a tot has been poured out a pause of four seconds-and the flow will start again.
-are easily fitted into the neck of any bottle by means of a tapered cork..
-give accurate measure of twenty or twenty- five tots to the bottle, as desired.
are invaluable to Clubs and Hotels, where a careful check on consumption is necessary, and will save their initial cost within a month or two.
Stocked by:
CALDBECK, MACGREGOR & CO., LIMITED Prince's Building
Ice House Street
TEL. 20075
HONG KONG, CANTON AND MACAO STEAMERS
JOINT SERVICE OF THE HONG KONG, CANTON AND MAGAD - STEAMBOAT CO., LTD., AND CHINA NAVIGATION CO, LTD.
HONG KONG-CANTON LINE.
SAILINGS From HONG KONG-Daily at 8 a.m. and 10 p.m. (Bunday. 10 p.m; only);
ון
SAILINGS From CANTON-Daily at 8 s.m. and 4.30 p.m. (Sundays 4.50 p.m. only).
HỒNG KONG MACAO LINE
AMENDED SERVICE
BAILINGS From HONG KONG at 10 am, and 5.50 p.m.
(Week days only}.
SAILINGS From MACAO at 3 am, and 3.30 p.m.
(Week days only).
SPECIAL RACE MEETING EXCURSION. BUNDAY, 127¤ MARUH
S.S. "TAISHAN"
will leave Hong Kong at 9.30 a.m. and Macão at 6,00 p.m. 8.S. "SUI AN"
will leave Macao at 3.00 a.m. and Hong Kong at 3.00p.m.
SPECIAL SALOON FARES.
WEEK DAYS, ---Single: $3.00; Return: $5,00.
• EXCURSIONS.—Single: $2.50; Betara: $4.00.
Norr.—All Steambost Company's Steamera are fitted with Wizeline.
CALIFORNIA PACKING CORPORATION
CALIF., U.S.A.
RED RASPBERRIES
Red Raspberries
AMERICAN FINANCIAL CRISIS
FILM INDUSTRY MAY STOP NAZI STORM-TROOPS
ALL
WORK
NEW YORK STOCK EXCHANGE TO REMAIN CLOSED
ROOSEVELT CONFERS WITH GOVERNORS
[REUTER AND BRITISH WIRELESS,]
MR. ROOSEVELT, speaking at a Conference of Governors
said that he desired the general banking situation, to be as- uniform as possible throughout the country and offered assistance of the Federal Administration to that end.
He also promised a national policy for mortgage forecolsures and a central unemployment. relief agency to co-ordinate work. In ⚫ the states.
Other subjects discussed by Mr. Roosevelt were the condict. Ing state of Federal taxation, unemployment reflet and the ra organisation and consolidation of local government to reduce faxation.
The Treasury has permitted the New York issue of script throughout the “state provided it is revoked in the event of the nationalization of script.
He stated that an emergency certificate corporation would be established immediately to provide New York with sailorm certi- cates against "impounded sound hanking" assets which will be delivered to depositore and creditors ona pro-rata basis. This scheme is to supersede the local plans ychick prompt. ed the Herald Tribune to declare that the financial rulerskip of the western world 'ns passed definitely { from New York to Washington.
STRENUOUS EFFORTS TO PREVENT
TRADE DISRUPTION
New Youx, March 7 Strenuous efforts are being made. to prevent the banking crisis from entirely disrupting trade and in- dustry, though the natural effect of the grave situation is revealed in a message from Hollywood stat ing that the film industry executives are contemplating, stopping a work.
The moratoris are preventing the film companies from paying salaries.
The New York Stock Exchange Committee announced to-day that the exchange will romain. closed until further notice.
Mr. Woodin, the Secretary of the has au- Treasury Department, thorised banks, among other things, to handle drafts for food shipments and to cash cheques on the United. States Treasury.
He has also authorised the limit- ed reopening of banks to accept new deposits, from which unrestricted withdrawals will be permitted.
MARKING TIME
Apart from these steps, the bank crisis may be regarded as marking time until Thursday's special sea-, sion of Congress.
The Argentine Government. BR nounces that the dollar link with the Argentinian peso has been abandoned in favour of the franc.
The Governor-General of the Philippines announces from Manila that all barks in the islands will remain open,
REACTION IN INDIA
[THLOUGH REUTER'S - AGENCY) -
BOMBAY, March 6.- Business circles expect, that the American gold embargo decision will slightly depress the commodity.
marketa.
Bullion brokers anticipate an in oreased silver demand from China ! and with the improvement of silver, prices, purchasing power through.
|
HUGE WITHDRAWALS
WASHINGTON March Anxious shareholders withdrew G3988,000,000 in 60% aber banks during that greek shad according to a Federal Reserve statement...
READY TO HELP
[TAROVON REUTER'S ADENOT.]
PAXIS, March 7. Renter is officially informed in Paris that definits and generous support will be forthcoming from to onable the France
United States to remain од the gold standard, but no request to help has hitherto been received.
FRENCH ÄTTITUDE
ACTIVETM
GOVERNMENTS BEING SUPERSEDED-BY FORCE-
-ROUND UP OF COMMUNISTS
IN RHINELAND-
(THROUGH REUTER'S, AGENCY 】
“BERLIN, March 6.
NAZI storm-troops are active everywhere. Governments are being superseded by force.
Following the example of the Nazis at. Hamburg, the storm-troops at Bremen to-day occupied the Town Hall and hoisted the Nazi fag, demanding, the resignation of the Senate and a.now election.
Similar action has been taken at Luebeck, where the Senate, under duress, has tendered ita resigna- lien, and at numerous other places. There has been no employment of forea in the opposition.
NAZIS TO SEIZE CONTROL
It is regarded as certain that in Federal States such na Bavaria, Saxony and Baden, where the Nazis are not in the Government, steps will be taken to seize control," by compelling the election of now Diets or by appointing State Com missioners, though this will pro- hably mean trouble with the Bavarians and possibly with the Saxons
A further roundup of Com- numists in the Rhineland and Westphalia was undertaken to-day arid some of the prisons are over- flowing wa
TWO COMMUNISTS" SHOTG
Two Communist leaders who made an attempt to escape from custody at Oberhausen wore shot dead by the police.
An official report by the Gover- nor of Cologne relates several caree of aleged incendiarism, the Com munists being accused of respon sibility: The outbreaks include the burning of the French-owned glass factory near Cologne, in which con rection eleven Communists have been placed under arrest.
WELCOME TO FASCIST
-
FOLD
Le Journal les. Debats comment- ing on this possibility urges the
(THROUGH REUTER'S AGENCY.) Banque de France to refrain from exporting gold to countries which
ROME, March 6. have abandoned sound currency, With flaring headlines on the pointing cut that Britain's Ex-front pages, the newspapers of change Equalisation Fund is no Italy are at one in welcoming. longer able to operate against the Germany into the Fascist fold. dollar and will now devote its at The Giornale D'Italia, Bignor tention to the frame and be in a Mussolini's organ, declares that the position to drain off large amounts victory of Hitler is a victory for of French gold.
European civilisation and means the definite salvaging of Germany::| From the Bolshevist flood.
BRITAIN FOLLOWING
SITUATION
The British Government are fol lowing sympathetically the serious development of the internal bank- ing
difficulties in the United States, said the Prime Minister, answer to a question in the Commons. He added that no a tion by His Majesty's Government sexans to be called for at present
LONDON SITUATION Following Saturday's brief sus
out India will be increased pension of business, the London
PLAYING WITH FIRE. (THROUGH REUTER'S AGENOY]
Moscow, March The German facendiaries are playing with fire," declares the Pravda, which accuses the Hitler.
vile anti-Soviet campaign. Government of conducting a
and declares that the provocative fire in the
And Reichstag the subsequent reign of terror frisblished by the Hitlerites. whereby the Government secured its triumph in the election, has met the unanimous censure of even
here from Afty-four to fifty-sixed to-day in all currencies extical isolation of Germany abroad,
Silvor has already appreciated Foreign Exchange Market re-open-tourgeois and increased the poli rupees per hundred tolas
"Indian Nationalist business men,
American dollara, ba
the decision was welcomed in the sident of the Imperial Bank of In- Quotations, however, were mainly dis Bombay Circle, have issued s nominal. No quotations were made statement to the effect that the for South American currencies, American action marks the
triumph of English banking genius and the dominance of sterling."
-ITALY TO STAY ON GOLD
(THROCON REUTER'S AGENCY]
PUR LONDON, March 6
until the plans for overcoming the Dealing in dollars is auspended
crisis and thereopening of the banks are announced in Washing ton
America tine prohibited deali in foreign currency, and the fer of credits abroad.
of clearing holi
APRICOTS
Del
Monte's Apricots
The pick of berries"
The Best to be got"
in European capitals reacting
been
the United States crisi
eme
a statement that Italy
Obtainable at All Compradore Shops,
Sale Agents KUNG SHEUNG CO.
CHINA BUILDING:
TONG KONG
PHONY 28968.
Out of the fever of-spéculation, porarilyome
andon the gold stand the United State:
modi in various quarters Het Francs would not be an embargo on
STOCK MARKET
On the London Stock Exchange,
The journal allages that Frambo German relations are to-day more since the war.
at any other
other time
(Further cables will be found on page 9.).
rally were 1/10 and
Toshi 31 per " centsy Closed
word a few dealings in Altantic issues but after arly fluctuations, the tendency at
ose was slightly steadier,
MORATORIUM EXTENDED
THEOUGH REUTER'S AGENCY.]
New York, March 7.
the effect of the latest American In line with the Presidential; developmente was noticeable in de- I proclamation, the Govamor of New clines in South African gold mine York State has extended the bank shares. British Government stocks moratorium up to and inclusive of Wontinued at font of next column March 9 (Thursday). G
JOHN HARD
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