FOREIGN EXCHANGE

MARKET

Interesting Features In

"ነ

London

London, Sept. 25. The foreign exchange market to-day is furnishing several in- teresting features. Sterling again weakened in terms of dollars to 4971 and francs to 74.82, at which control is steadying the latter for the reasons stated, namely the low Interest level here which will

Canadian dollars

are

appre-

ciating in terms of other Cur rencies, especially dollars, as every fresh inflation scare In America sends money to Canada. The in- trinsic soundness of Canadian currency is evidenced by the steady progress of internal and external trade" in Canada increas- most certainly lead to furthering gold and silver production in withdrawals of francs to Paris for

more and the new French loss which will be one of the main attrac- tlons for French capital. More- over in the case of the dollar, commercial demand is very heavy and better domestic news la en- couraging slight movement of funds to America for investment in equities,

remunerative investment

MINE DISASTER

RELIEF

Royalty Contributes To Fund

11

London, Sept. 24.

of

A list was published to-day of A list was published to-day the 261 miners entombed in the Gresford Colliery, North

which there are expanding sales. а satisfactory harvest and In- creasing rail traffics..

Business in Sondermarks is now greater than in Reichsmarks ac- cording to the "Times" as more interest is being taken in German exchange agreement and provi- slon. Facilities for forward trans- actions in Sondermarks are prov- ing helpful-l'euter.

ENDEAVOUR'S LAPSE

Chance Lost At The Start

In the America's Cup"series, the Syndicate's Vanderbilt

Rainbow has now won three contests and Mr. Sopwith's Endeavour two. In- Wales,terest is very keen as the trophy pit, which, following Saturday's goes to the yacht recording four The sixth race will end the disaster, has now been sealed, the wins.

defender secures heroic, but unavailing, efforts at contest if the

week-end another victory. rescue throughout the

Newport, Sept. 24. been discontinued,

The Endeavour lost a great Profound symphony with the re- latives of the. victims of the dis-, chance to lead at the start while were dead level. It aster is expressing self in the the yachts ready response from all parts of was due to a tantal.sing delay in the country and all sections of putt.ng up the parachute. the community to an appeal for contributions to the fund for the relief of the sufferers which has been opened by the Lord Mayor ot London.

The arst subscriptions received were" £200

from H.R.H. Prince George and his fiancee, Princess Marina of Greece.

amount-

Many large donations. ing in some cases to several hun- dred pounds, have been received from banks, business houses, and private" persona. British Wireless,

REJOICING IN ITALY

Daughter Born To Crown Princess

Rome, Sept. 24. The Crown Princess of Italy, Princess Marie-Jose, has given birth to a daughter.

The birth occurred at 11.15 p.m. at Naples, in the presence of the Queen of Italy, the Queer-Mother of Belgium, and Princess Mafalda, second daughter of their Majesties

the King and Queen of Italy. Both are doing well.

The baby will be called Maria- Pla. Owing to, the Salic Law, pre- venting a woman from "relgning, the succession to the Throne is not affected. The heir, after the Crown Prince, is still the Duke of Aosta,

All the ships' sirens in Naples harbour were hooted in celebra- tlon, but no guns were fired as the child is not a boy- -Reuter.

į

She was thoroughly beaten from that point on, and it seemed that something was stopping the En- deavour from finding her speed. It is generally believed that: It was. the ballast of a ton and a half taken on board...yesterday: Any- way she wasn't the same boat as last week.

The Rainbow's victory is all the more creditable since she suffered the parachute mishap on the out- ward Journey. A wonderful crew worked with automaton-like fection.

per-

HONG KONG DAILY PRESS, WEDNESDAY, SEPTEMBER

NEGOTIATIONS AGAIN RESUMED

Chinese Eastern Railway Problem

26, 1934.

Tokyo, Sept. 25. garding the transfer of the C.ER.

Mr. Ohashi, Manchukuo dele- ¦ with a purchase, price of 140,000.- gate, arrived this aftemoon' from` 000 yen and discharge allowance Changchun to resume the Chinese to Soviet employees amounting to Eastern Railway negotiations with 30.000.000 yen. M. Yurenov, Soviet Ambassador.

Premier Doumergue intends to

Mr. Hirota, it is understood, az-. Introduce reforms into thè con-

nounced this morning at a Cabinet stitation of his country which meeting that an understanding į would have the effect of stábilis-had been reached between Russia

ing French politics.

and the so-called Manchukuo re-

CONSTITUTIONAL REFORM

French Premier's Intentions

Paris, Sept. 24.

In a broadcast talk this even- ing the French Premier, M. Gas-

ton Doumergue, disclosed that he contemplated summoning & Na- tional Assembly in order to revise the French constitution and so in- corporate certain salient features

He said that he intended to bring about a "real. separation of powers between the magistracy and politics, which was the only means of having absolutely im- partial justice.

of the British constitution.

TRADE WITH GERMANY

A Provisional“ ·

Arrangement

London, Sept. 24.

Negotiations for a satisfactory

Mr. Hirota added that negotia- tions for a detailed agreement will' be started with the arrival of the so-called Manchukuo delegates in Tokyo from Changchun.--- Reuter....

TYPHOON TOLL IN JAPAN

Casualty List And Damage

The cost of repairing railways will be ten million yen Five thousand railway wagons have been destroyed.

Reuter.

Tokyo, Sept. 25. settlement in regard to Germany's stated to be 2,499 killed 8,399 in- The typhoon casualty list 1 now past debts and to current Anglo-jured and 588 missing..... German trade are being con- tinued.

Meanwhile, a purely provisional arrangement has been reached. It is announced in a communique, which states "The meetings, which have been held in Berlin, between the United Kingdom's delegation and the German, Government re- presentatives week-end, have gone into 3 The chief of the Government, of general examination of the out- France should be given the powers standing economic nd financial of a Prime Minister. If a major-] questions. In view of the intro- ity ip the Chamber of Deputies | duction of the new German ex- disagrees with the Government, the premier must be able to make an immediate appeal to the peo- ple.

-Reuter.

SILVER MARKET

(From Our Own Correspondent)

London, Sept. 26. London Sliver prices to-day were up 1/8 for Spot and 3/16 Forward, as follow:-

Sept, 24 Sept. 25 Spot ..............21-15/18 22-1/16 Forward..21-15/16 22-1/8 London on New York cross rate at 2 p.m. to-day was 497-1/2 com- "pared with 4.98-5/8 at closing

The Endeavour's die-hard sup- porters are still positive that the yacht can even matters to-morroW, yesterday.

but the Rainbow followers are now very confident. feeling that the vastly better seamanship of the crew shown during the last three races will be good enough to take the Vanderbilt, boat to victory,

The Rainbow has only to win to-morrow's contest to retain the Cup for America. If the Endes- your should win, the result hinges on the last race of the series.

SOPWITH ANNOYED

RUBBER PRODUCTION.

CONTROL

Siam's "Attitude To

-Be Considered

Landon, Sept. 25. Newport, Sept. 26.

The International Rubber Pro- Coolness, amounting almost to duction Regulation Committee will hostility between the crews of the Endeavour and Rainbow, was

marked by the challenger's saling off after the finish of the race to- day without giving the victor the

customary cheer.

COURVOI

DODWELL & CO., LTD.

Tel. 20636.

Sole Agents.

MORRO CASTLE ALLEGATION

Attack Feared By Capt. Willmott

during the pest GEORGE ARLISS mott, akipper of the Morro Castle.

change regulations, and. in order to avoid any disturbance of trade between the two countries during the present negotiations, the "fol- lowing interim arrangement has been agreed upon. This arrange- ment will apply until the end of

October, or until the coming into new arrangement,

force of the whichever is earlier.

· Exchange› Carti@cates

Exchange certificates, authoris ing payment Into a special ac- count of the Bank of England. will be issued for the import into Germany of goods covered by the Anglo-German exchange agree- ment of August 10, 1934, to an extent, corresponding to the pre- sent, volume of British imports

"The Duke Of " The Studio:

New York, Sept. 24, An allegation that Captain Will-

who died on board his ship a few hours before the luxury liner was destroyed by fire off the coast of New Jersey in the early hours of September 8, feared that the wireless officer Alagna. would throw corrosive acid at him was made by Acting-Captain Warms at the Morro Castle ́erquiry.

(Special Air Mail Service)

He declared that on the day be London, Sept. 5. Behind locked doors

fore his death Captain Willmott to-day told him to watch Alagna, who George Arliss began his first had two bottles of sulphuric acid. British film. "The Iron Duke." It Captain Wilmott, he said, kept was a solemn and exciting day at his cabin the Gaumont-British studios at added that the First Mate took the Shepherd's Bush, writes a corres- acid from Alagna. pondent.

Bo great and so methodical a. star has never before acted in a British studio.

door locked. Warms

Queen's Building,

NARROW ESCAPE FROM DEATH

Alarming Experience For Foreigners

Shanghai, Sept. 25

party of Anglo-Americans in a houseboat which ventured w country this week-end had a nar row escape from death' when they were fired on by Chinese soldiers.

Two British members of the party. Messrs. Vida and Feach and a member of Reuter's staf Mr. Edmund Lewis, were walking in the moonlight along the rall way enbankment thirty miles ng the river when they were chat- lenged by soldiers. They stood still and replied that they were foreigners, whereupon the soldiers fired several rounds. Both took

cover and when the fring: ceased:

they made a race for the house- boat, moored nearby in the creek and set sail for Shanghai.

He aty denied Alagna's evid-Reuter. tion on the bridge at the time of ence that there was disorganisa-

the disaster. He said he Instruct- ed Alagna tu send an 8.0.8. at 3.18 a.m. when he realised that the ship was out of control

Mr. Arliss had said that Press photographers could do their stuf in the studio-but reporters were barred for the first day. into Germany. No distinction However, by dint of a Ittle Reuter, will be made between any indivi- persuasion and dual groups of goods.""

This arrangement applies to all goods.for which payment through the special account of the Bank of England was permissible at the time of coming into force of the Anglo-German exchange agree ment, and to such other pay ments into the account as have subsequently been approved by the Reichsbank. In all other respects, the provisions of this agreement in particular regaïd- ing the system of payment into the account, remain unaltered."

The Board of Trade, comment meet in London to-day to considering on the above, emphasises its Sium's refusal to ratify the agree provisional character, and adds ment.

that it will be seen that for the time being the existing position will be maintained under the in terim arrangement, and that no new restrictions will be placed on the imports of United Kingdom goods into Germany. The method of payment for all goods covered by the Anglo-German exchange agreement will continue to through the special account.- British Wireless,

According to the Financial News. the Committee is likely to offer Siam an increase of export quota from 15,000 to 25,000 tons annually.

The betting is two-to-one in favour of Rainbow now 3.5- she Reuter... needs but one more race.

"I am bitterly disappointed at my treatment here," declared Mr.

race,

POSITION DISCUSSED

London Bept. 25. TOM. Sopwith to-day after the The Siamese position was dis

cussed by to-day's meeting of the He refused to discuss the dis- Committee of the International Posal of his protest over the fourth Rubber Growers Association, Slam

was not represented.

race.

He said he had to send a man

be

|

discreet obser-

vance from behind a bit of scenery, I was able to see the first shots taken.

ני

Although he was not called for make-up until 8.16, George "Arliss. turned up at the studio at 7.50. accompanied by his famous mai servant and bodyguard Jenner.

The main entrance was not open, so Mr. Arliss went in by the back door.

£40,000 For Four Weeks At 9.25, 250 crowd players and the leading characters were

on the floor to shoot the first scene the ball in Brussels on the eve Actually this is of Waterloo. Scene, 100 in the scenario.

A brief rehearsal, a wait while some details in the star's uniform

·

were altered, and then the first filming began."

George Arliss is monarch of this £250,000 studio for four weeks The stages usually used by half a dozen stars in several pictures at once have all been given over to "The Iron Duke Four weeks is the period of shooting, accord- ing to Mr. Arliss's 240,000 comm: tract for the picture. If It takes longer than that, Mr. Arilas will

It was decided to open negotia- tions with the Stamese. Government NOTED SCOTTISH RUGBY get overtime at à considerable fee.

aloft to-day to clear one of the upper spreader guys which chafed with a view to finding a satis- and parted, while the slowness of factory solution.- Princess Marie-Jose, who is the the spinnaker-filling at the start Beuter. only daughter of the late Albert, was due to a twist, the sail get- King of the Belgians, and the jing fouled with the head-stay. Queen Mother of Belgium, was It is learned that on Saturday *inarried to Prince Umberto, helr- when Mr. Sopwith firat consider- apparent to the Crown of Italy, jed he was fouled he asked Mr: on July 8, 1930,

Havemeyer, the American obser ver aboard the Endeavour, whe ther ten minutes before the finish was time enough to display the protest Dag.

JAPANESE COMBINED

FLEET

Leaves For Port Arthur

Mr. Havemeyer replied: KE seems OK, with me."

Mr. Havemeyer now says he is looking for a rope with which to hang himself

U.S. MILLIONAIRE

PASSES AWAY

PLAYER

And H Monocle To-day's scene of the ball was Mr. Dan Kerr Dies At Sea

delightfully, picturesque. Ladies of the Georgian period and gal- lant Army officers danced a cotile (Special Air Mall Service)

Hon The dance stopped as the Edinburgh, Sept. 7.

Duke of Wellington (George It was reported in Edinburgh Arliss) walked down the staircase yesterday that Mr. Dan Kerr, the and was resumed at the Duke's ( former Heriot's F. P. Rugby for command." ward, has died at sea during a Mr, Arliss took the greatest in holiday cruise to Barcelona. Mr.terest in the details of the shoot- New York, Sept. 25.

Kerr, who was a geography tea ing, and once stopped to discuss The millionaire. Mr. Percy Archer In the senior school at the dressing of her hair with Rockefeller has passed away after Heriors, gave up active particiption Miss Lesley Waring, who plays the an operation for stomach disorder in the game at the end of the important part of Mrs. Frances Reuter

1932-1933 season alter having been Webster

Mr. Percy A. Rockefeller

a regular member of the XV. since Except when actually being Mr, Bopwith plans to leave

1924. In addition to having cap- flmed," Mr. Arliss, wore his America within a week after the

tained the Heriot's FF. side some monocle. By a deft movement he Dairen, Sept, 25, series is completed. Endeavour favourable and that the sixth race years ago, he had played for Edin- hid it before the camera began The Japanese combined feet lert will either be towed by the Vita of the America's Cup series would burgh in the Inter-Olty game to turn this afternoon for Port Arthur or will all home, according to the be salied to-day

against Clasgow. He was a bust Incidentally, the famo nosti where it will stay till September 27 weather

Neither Mr. Sopwith nor Mr. ling, fast forward, who was un- on the Duke Vanderbilt has naked for a post- tiring, and hs death at an early be missing i ponement, though it a likely that age will come as a great shock to tion I cann changes will be made aboard the a, wide circle of friends in the Probably Mr. Endeavour, before she sails again, Rugby and scholastic worlds, ideas on the sul

when the first squadron will leave

for Tsingtao, and the second squadron for Chefoo. Heuter

SIXTH RACE!

Newport, Sept. 23 Early this morning it was de elded that conditions would be

"FIVE DESTROYERS

VISIT JAPAN

Movements Of British And American Fleete

Shanghai, Sept. 22 There has been Hittle change Fin programmes of the British and American fleets in China waters during the past week, and few movements of ships.

CHANG HSUËH LIANG'S MOVEMENT'S

Bankow, Sept. 28. Maishal Chang Hsueh Liang left to-day for the bandit ares by cáf ̈and thenes on foot: He is expected to be away about a month Reuter

Whitehall and Wishart at Miyajimam on the same day.

The US.8. Luzon, river gunboar -18 to arrive ini Shanghal Fales, river gunboats, to depart to-day, · and the Guam about September 27, after com pleting refit. The USS. Gold Star. Five destroyers have gone from transport, on a health cruise from welhalwet to Japan. HMS. Kep- Manila, is now dae here on Septe el. Verity and Wild Ewan arrived her 29 instead of a day late

Beppu on Monday, and HLMS. originally arranged.

ASPIRIN

BY FAR UNSURPASSED

AS THE BEST REMEDY

AGAINST HEADACHE!

COLD AND PAINS

| BEWARE OF IMITATIONS

BAYER

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„LOOK FOR THE BAYER CROSSW

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