ΙΣ
DAILY SHARE QUOTATIONS
Hong Kong Stock
Mayers
$1,040,
Exchange
Sallace
"Shareproxera* Association
Namtari
THURSDAY.
SEPT., 6,
Banki
كان ولاب
dellen
Bales Mamina
H
H.K. Banks
£1042
Do. (London)
$1,030
2131
Chartered Banks...
Mercantile Bk."
"A"
£13
19 £19)
1 $7 mi
Do.
Bank of East Asia...
N. U. & S. Bank! ........ Am. O. Fin. Corp: B Ch. Fin Corp, Ord. S. Da. Pref. s. InsurameGe Canton lusurance», -
$687
E 20 1751
#4
$190
$185
401
Underwriters
10 ta.
10 at
13771
Union Insurances ...
$375
China Fires ...............
$3-9
1382
H.K. Fires......umunskake
$190
$180
International' Asson. 3.
***
$1
Shipping
$36
Douglas *** $35
Steamboate
3
#A
130
Indos (pref.) ********:
$30
$12
Do (col) ***
19
70/7
Shell
70 74
Waterboats
$11
$112
Mining
80 ots
$18
13 ot
7,00
30 ats
12 et
24ots
#:
HONG KONG DAILY PRESS, FRIDAY, SEPTEMBER 6, 1935.
GENEVA NEGOTIATIONS ALLEGED OPTION
OUTCOME
(Continued from page 9)
ent.
He affirmed that Ethiopia
de-
Baron Aloist, the Italian dele, sponsibility for the Ualual incid- gate, followed M. Laval. "He sub- mitted a long document in which he gavo a detalled bistory of the Italo-Ethioplan relations for past half century.
He declared that Italy had al- ways shown patience and fairness, but that Ethiopia was exploit- ing its membership in the League evade the Italo-Ethiopian Treaty of 1928.
47
stred to reach an agreement with Italy
and strongly repudiated Be Baron Alolal's accusatiori, promised a detalled refutation lat- er.
Meanwhile, he drew attention to the formidable League pricedent attempting to which Italy was create by proposing to condemn s nation which was acting within BARON ALOISI
the scope of its sovereignty. Baron Aloisi cited numerous ex- After Senor Olivan, the Spanish amples of "Ethiopian aggression." spokesman, had vigorously upheld the Covenant, He declared Italy no longer felt the principles of confidence in the Ethiopian Gov- the Council adjourned without ernment; nor were able to accept | fixing a time for resumption.--
Router. their declarations.
:
Italy would feel profoundly wounded if Ethiopia continued to a foot- belong to the League on ing of equality with Italy.
SOLDIERS PERISH
Rome, Sept. 4. One hundred and thirty Italian soldiers died in East Africa be- The Italian Government reser-
tween January I and July 31, ac- ved entire liberty of action in or- 112ots. der to adopt all necessary men-cording to an official communi-
sures for the security of Italian que. colonies.
bota
10 ot.
Bech. Beats.
1
Atutamoks..........7735.79 als
Raintops diy
Beta. Baguio Gold23fets.
$12.10 Benguet Consolidated
120 obo.!
Do. Exploration" Do. Goldteid ....
Bot Big Wedge...... Gold Riveries
Gold Creek........................
United Paracales... 32jota.
Salacot lining ................19jets.
50 ots, ipo Mining............
38 cta.
Kallas
Longksta (singlets.
Explorations.......
Shanghai Loans d
$2.30 Venezuela' Gold Fide.
153 ota
Jucks, Wharves,
Godowna, she.
H.K. & K, Wharves
Do.
(old)
Do. (new}] Providoute (vld) ...
Do. ·(NOW) ***)
H.A. & W. Uocks
S. China Motors' A'
Do.
· 11/8.
$14
152
378 $7+1
:
is
་
The Council suspended its sit- ting alter Baron Alolsi had spok-
en.- Reuter.
12 s 101
.121
83 37.30 $9.10
$78
$76
B
19
State Department To Inquire
Washington, Sept. 4. Mr. Cordell Hull, Secretary of | State, to-day revealed that his De- partment was inquiring into the surrounding the circumstances alleged Ethiopian option racemiy sold to the New York broker, Mr Chertok. But it is not considered an important development and is not expected to play any role what-
ever in connection with the United
States' attitude towards Italy and Ethiopia Reuter.
. GOING TO ENGLAND}
Washington, Sept. 4. Mr. Chertok, the man who claims to hold an
on, large option Ethiopian concessions, is leaving for England shortly, he said in an Interview today. He will not take concession exercise his steps to from Ethiopia until he hears from the State Department.- Reuter.
NO CANCELLATION
Addis Ababa, Sept. 4. News of the cancellation of the American These casualties included four-oil concession by the teen officers and 79 men between company represented by Mr. F. M. Rickett, was officially received from June 29 and July 31. Reuter.
Washington to-day.
ITALY'S CASE
Rome, Sept. 4.
TO UPHOLD COVENANT
Geneva, Sept. 4. A memorandum issued here to- To-day's speeches in the League day indicates four special charges Council were taken as indicative la' the Italian case, prepared for o that body's generai determina- submission to the League. There
the tion to uphold
Covenant RTE: should Italy fout it.
(1) That Abyssinia bad refused t delimit the frontier and le-
On This 'polat the Little Entente, Scandinavian countries, and Tur-gally occupied Italian territory:
key are equally determined, re-
10 cts.garding this issue as a test of the whole post-Wer settlement.
578
34
20 cts.
$91
B
878
Shangnai Docks S.
14
New EngineeringsS.
$240
Hongkewa
Lands, Hotels, sad
Buildings
૨૦૧૫
H.K. Hotela..................
$3.60
18
$100
$201
H.K Laada...
Do.4% Debentures! Shanghai Lande....
324
$100
Metropolitan Lande.. B.K, Kealties......... Chin Do..................d.
$123
Do. Debenturess.
$7+
Humphreys SINTEIRO
New Asia Hotel
17.30 335
Ama Resities “A” S.
Do
568
Chinese Estates........
Cotton Mul
$5.80
36
185
S'ha Cottumfold;3.
$40
110.
new
Zoong Sings ....
381 240 38.
$25
Wing On Textiles(3.)]
$25
14
Publie Ctilities
$122 Tramways..................
312
10
Poak Trina (old)...
10%
Do. (new)...
12
$78,
Star for $781 $17.60 Yaasi Ferries...
517
39.05
Chias Laglite, ****
38.10
365
B. diecericM
107
$20
Macao do.
3201
$8.20
$11
10/e
22/6
58
Do.
(new)...
Saulukarı Ligii» .......|
Telephones (ola) ...
China Buses ....S
Tractions
Du.
(prof.)..
Industriais
Malabon Bugare
$131 Caldbeck, (ord.; B.
Macgregor/pruf,).
·Hopea..................... $1.90-
Miscellaneona
Amusemonte
Ch, Eʼtainment................. Constructions,.. (old)
Do..
(new)
Lane Crawfords.......
Mackintosis Nanyang Tobacco...
Bincares......
1187
17 90
1290
**
M. Pierré Laval,
the
French
(2) Daily attacks made on Itailan presentatives:
had been diplomatic re-
(3) Continued at tacks had been Prime Minister, and Baron Aloi- made on Italian lives and property si the Italian
spokesman, both in Abyssinia; maintain a very cheerful exterior. The latter, interviewed to-night,
||
(4) Simar attacks had
been
A member of the Government ex- pressed the greatest dismay and stated he could not understand how a concessionaire could cancel a contract less than a week after it had been signed. It is under- stood that the contingency of,can- cellation was not provided for in the contract.
Late to-night the Government decided not to cancel the oil con- cession, apparently hoping that Mr. Rickett may find other capi- tal to replace that of the Stand- ard-Vacuum Company. Reuter
said he did not propose to ask for made on Italians in Italian So- FINANCE
Ethiopia's expulsion from the Lea- gue: but if others liked to propose that the expulsion of Ethiopia, would be a logical conclusion.
If Ethiopia's company was pre- ferred to Italy's then the decision of action did not lie with Italy, he added
LIBERTY OF ACTION
In speaking of her liberty of ac- tlon and her determination to re- tain it, Italy meant that she would not surrender the right to leave the League or to declare war when ft, Baron
saw
maliland.
In support of the Italians good Intentions, the memorandum says Italy has supplied Abyssinia with 4.000 rifles and a million rounds The first batch of ammunition. was sold for 1,900,000 lire, of which the Emperor still owes Italy 78.800 lire. Reuter.
||
ETHIOPIA DENOUNCED.
Geneva, Sept. 4.
speech In the course of his
attitude elaborating the Italian that Ethiopia is unfit for member- and where she
ship of the League, Baron Alois! Aloisi said.
declared that the Ethiopian Gov- League delegates feel that the ernment had done nothing to de- most mportant feature of to-day's serve admission to the community session is the fact that the Coun- of civilised nations, and had not cil has now full cognisance of the carried out its undertakings under very wide privileges offered Italy the Covenant, Italy now regret- at the Paris conference. It is be- ted her error in voting for Ethio-
Italy has lieved that hitherto
pia's admission. under-estimated both the value cr
EVENING SESSION
on
POLICY
IN GERMANY
Dangers Overcome
Finance
1894-
(Special to "Hong Kong Dally Press") (By Telegraph, - Copyright, Ta
Ordingpes. graphic Mesnague
Received, September. 5, 430 p.m.).
Berlin, Sept. 5. In the September issue of the "Europealesche Revue the Reich's finance minister, Count Schwerin von Krosigk, contributes an article
"German
Folicy" says that Germany wherein he stood twice at the brink of economic chaos and both
in overcom.g the succeeded danger, converting despair and stagnation into hope and tivity. The time of inflation was overcome by the creation of new currency
and the most rigid economy.
Afain at the time of the inflation Germany had to adopt a totally new
times
ac-
Italy's indictment against Ethio- this offer and the feeling which pia is contained in voluminous do- its rejection must arouse
cuments alleging misdemeanours Renter.
and concluding by saying that it is contrary to right and justice' that a League member should be bound to observe the rules of the the Covenant in relation with a mem- Jezeber which had put itself outside spokesman for Ethiopia, contend-the pact by violating its obliga-orders were non-existent the State ed that the Arbitration Commis- tions. slon exculpated Abyssinia's re- Reuter.
Geneva, Sept. 4. At the evening session of
Professor League Council,
DOUBLE TENTH
$13
$1.90
Canten Ives
$11
13
tements
*
$2.16
JID
Daisy Farros
34
***
$1.10
$1.10
35 018.
$5 cla
$3
$21
MASS WEDDING ON
$7
$3
15.40
$5.30
$3.08
Watsons
$3.05
170 ote.
W Powells
155 cts,
12
M. Greyhounds
$1.36
SC. Enterprises
$1.
88%
HK. Govt. 4XLoans) 81°
Do aix
He
Wallace Harper
HE, Wing Us
363
$4
OTILA
*
90%, CLG.0719284.9 Bda,
Dia.
Vibro Meng
FLOOD RELIEF FUNDS
KWANGTUNG DEFENCE
Canton, Sept. 5.. Nanking, Sept 4.
It is reported to-day that two Messrs Sun Han-lun, Wang Ping.
new regiments of marines will be and Wang Chlen bave been ap- pointed to-day by the Executiva formed by the First Group Army Yuan as members of the committee for the coastal defence of Kwang- for the custody of the Shanghal tung. flood relief reserve fund. Mr. Bun is instructed to act concurrently as chairman of the committee.--- Central News Agency.
TOREIGN SEGRETARY ILL
The
Raw troops will be recruited from the Kwelchow-Kwangel borders. Some of them are former county guards and are equipped with rifles,-- Union News Service.
Canton, Sept. 5. With the approval of the Muni- mass cipal Government that a wedding will be held on Double Tén, the National Day, the Bureau of Social Affairs has prepared a detall programme for the occa- sions.
REICH CHAMBER OF ECONOMICS
1
(Special to "Hong Kong Daily Press") (Bp Telegraph, Copyright, Tata.
Ordinance. 1804 graphia | Meriages Received, September 5, 4-30 p.m.),
Berlin, Sept. 5.
Reich's created The newly Chamber of Economies held the first meeting on Wednesday when in bla opening speech Dr. Schacht
finance policy, because the financial resources exhausted the capital totally wanting. As private
MEMBERS)
S E. Levy & Co.
7, FOR HOUSE STREKT INVESTMENT BANKERS, &'BROKERS
NEW YORK COTTON EŻOWANGK ÇOMMODITY SICHANOR, INO, N.Y. CHICAGO BOARD OF TRADE
CANADIAN 'COMMODITY BECHANGN, INC.
CORRESPONDENTS I^?
WHITE, WELD & CO., NEW YORK
NEW
YORK STOCK AND COMMODITY QUOTATIONS
(Through Reuter's Agency)
Last Close Open 10.30 10.40
September 5
"New York-London
495+
494 4941
11,00
4941
Cotton, October
10.38
10.38 10.38
10.38
Cotton, May
A KOVOVIN
10.55
10.50 10.57
10.67
Rubber, December ..............................
11.86
11.75 11.81 11.75
Chicago Wheat, December Chicago Wheat, May Corn, December Corn. May'
901
914
92
021
931
937
561
561
-661
58
571
58 1
STOCES
451
454
457
451
45%
28 281
284 28 281
13"
19 131 13
132
431
434
433
434
434
104 103 10%
107
101
421
42} 42}
421
Montgomery W.
344 341
344 34
341
N.Z. Central
234
24+
241 24
241
Standard Oil Co. of N.Y. U.8. Steel
451 45+ 44 -441
· 451 451 454 44ł 441
American Smelting Consolidated Gas of N.. E. Bond and Share General Motors
Int. Tel and Tel Loew's Inc.
AROUND THE COURTS
(Continued from Page-6)
LANTAU ISLAND MURDER
Further evidence was given by the widow Yip Chol before Mr. W. Schofield at the Central "Magis- tracy yesterday, when proceedings were continued against 5 Chinese charged with the murder of one Au Man Fal, at Lantau Island on September 2.
near Jordan Road on Wednesday night, two Indian soldiers pleaded not guilty before Mr. E. I Wynne- Jones at the Kowloon Magistracy yesterday. They were Draz Khan, 21 and Kundan Singh, 23 of the First Mountain Battery, stationed at Whitfield Barracks
4
In outlining the case Inspector Shannon said that at about 9 p.m. on Wednesday, the complainant. and another friend were sitting on a lot of grass near Gascoigne. Road ..when for some reason or other the him. assaulted first defendant Complainant resented this and re- talisated and the second defendant. was alleged to have struck him over the head with a stick.
fur.her stated The prosecution Mr.. W. J. Lockhart-Smith, As-
that it was understood that the sistant Crown Solicitor prosecuted. military authorities wished to deal Continuing her evidence Yip with the case and under these ctr- Chol, widow of the deceased, said
cumstance the prosecution wished that after her husband had been to withdraw the charge. assaulted and dragged away, ten
Lieut. G. B. Portman who ap- men came into the hut and began peared in Court informed the Ma- to ransack it. Ho Wah and Tung Kwal came out and asked her where the rest of the money "was and later tied her and her two daughter, to a tree, A thorough search was then made by whole gang which lasted a few hours. After this the whole gang dispersed,
the
had to create work by itself, giving
HER RELEASE orders to restart the economic ma-
After some time Lum Kam and chine which admittedly had been
others came and untied financed on short-term credits. It'some was impossible to avoid "resurt to them, she then went to the back the reserves of the future." But of the hut where she saw the sucose came in the shape of re- body of her husband lying on its duction in unemployment from 8 back she found, that money to 1.7 milions and an increase of which she had kept in a leather by 2 milliards case amounting to $210 in silver, State, revenues
and $270 in bank notes, and 3 yearly.
gold rings were missing.
Now the chief thought must be to use the reserves created to pay back credits and to consolidate short term obligations. As quickly as new capital is formed it must 'be made to Bow in a straight line to the capital market where it will absorbed for funding the float-
gistrate that he had been instruct- ed to say that the military au- thorities wished to deal with the case,
The Magistrate accordingly with- charge and instructed drew the complainant to keep in touch with who would Inspector Shannon, take him to see the military su- thorities...
Ng Hing, unemployed, was sen- tenced to a month's hard labour by Mr. W. Schofield, at the Central Magistracy yesterday, on a charge or stealing & rattan suitcase cou- taining clothing to the value of $20,50, property of Tang
the 'Chi, widow,
third from floor of No. 116 Second Street, on The next day she saw a boat
Detective Bergeant coming towards the island so she Wednesday,
Kinnear said that the defendant rowed out to it and made a re- port. The European (Mr. Gandy) walked into the floor, the door of which was open, while the com- went ashore with her and viewed the body.
plainant was away and stole the At this point His. Wership asked suitcase. The complainant met the the defendants whether they had defendant on her return on the
It is learned that the mass wed- ding will take place at the au ditorium of the Municipal Govern- ment. Registration has already opened since yesterday and part-reviewed the functions of the 'ing debt. The nationalist-socialist cipants are required to fill in the purpose and scope of the new government will furnish proof that any questions to put to the staircase with the suitsass under
necessary forms and pay certain institution. At the close, in his amall fees for this purpose Union. News Service.
SOVIET DONATION
it can and will master the present
Transocean Kuo Min.
problema."
THE MINING INDUSTRY:
capacity as economic minister, Dr. Schacht administered the follow- ing oath to all the members of the Council: bind myself to unconditional loyalty and obedi- ence, to the Fuehrer, the Reich's Chancellor. In fulfilment of the
Nanking, Bert Nanking, Sept 4 nationalist-socialist economic pur-
Mr. C. T. Fang, chairman of the The Red Cross Society and the pose I will devote all my power Red Crescent Moon Society of So to the building up of the Third committee for: regulating nance viet Russia has contributed jointly Reich and as far as my own for mining enterprise under the ten thousand dollas (Chinese cur-activity and that of my col- Ministry of Industry, arrived hers rency) for food relief in various laborators and all those under my from Shanghal this morning by China Funds, it is authority are concerned will em train. He will call a first meeting provinces in
already been ploy all my thoughts and action of the committee tomorrow morn- some days, has continued to dis-understood, have patch business regularly. He plans handed over by Mr Bogomoloff to to the sole, high aim of furthering for discussion and examination to be in Geneva for the opening the Ministry of Foreign Affairs to ing the work of the Fuehrer and of petitions of various mining cor
people of the Commonwealth." the promoting of a real permanent porations for funds to relieve the
Transocean Ku
of the League Assembly on Mon- be forwarded to the National Fa
London, Sept, 4 Fore:qu Secretary, Bir Samuel Hoare, who has been suf- tering from arthritis, which com- day pelled piim to keep to his house for British Wreless.
mine aller Commission
Central News Agency.
present business, depression „Central Neur Agency,
witness.
his arm
The first accused, said that, he] knew nothing of the assault as he was ill and never went out
Charged with a breach of the De- The second accused said that he had no grudge against the deportation Ordinance, Cheung Wing, ceased and was falsely accused or 45, unemployed, was brought be the
murder. Cross-examined fore Mr. Wynne-Jones at the Kow- defendant admitted that he was loon Magistracy yesterday and was at the scene of the assault on the sentenced to nine months hard labour. Defendant was banished night in question but was only in for a scriod of ten years on May conversation with the witness 29, last year. He admitted one Yip Choi,
The case was adjourned.
INDIAN SOLDIERS IN TROUBLE
Charged with assaulting Lam Hom, stall foki, at Gascoigne Road
previous conviction.
Ho Lan, 46, unemployed, was seri- tenced to 12 months hard labour for returning from his banishment or ten year from August 8, 1934 He pleaded that he had returned in order to gain employment.