Page
W
PREMISES TO LET
"PRAK MANSIONS:1
5-roomed fat,
6 roqued flats.
PRINCE EDWARD ROAD
DISTRICT.
14 roomed ésta,
4-8 roomed residences.
CAMBAY BUILDINGS:
93-roomed flats.
CHEUNG SHA WAN:
1-3 roomed fats,
KOWLOON "CITY:
1-roomed flats.
PREMISES
TO
LET
LET-Several Large & Small- Todo Apple KWONG SANG HONG Læs, P. D: Box 320.
FLATS TO LET
(3-30
TO LET FLATS At "TICIA
MANSION"
16, Macdonnel! Road, with modern conveniences, desir. able locality. Apply: XAVIER BROS. LTD. Tel. #1723 or 23216.
FOR SALE
13:163
ARGE G-E Refrigerator in Perfect
Condition, Patterson Prio Radio with Preselector, Excellant Reception. Owner Leaving Colony, Heasonable Ofors. Accepted. Box No. 1023 cra Hong Kong Imily Pres.
1049
APPLY:
CREDIT FONCIER D'EXTREME ORIENT
FRENCH BANK BLDG, 5. Queen's Road, Central. Phone: 91002.
APARTMENTS WANTED
WFurnished Flat in Kowloon
ANTED-8 or 4-roomed
near Chatham Road Wel'e with full particular to Box No. 1896, c/o Hong Kong Daily Press.
ARGYLL
MORRISON HILL ROAD HAPPY VALLEY
HONG KONG DAILY PRESS,
WEDNESDAY, OCTOBER 23, 1935.
MONEY AND MARKETS
MORE GUARDS
LAMMERTS
AUCTIONS
A. TACK & CO.
PHOTO SUPPLY HOUSE 50 Years in the Service of PHOTOGRAPHY
Developing, Printing & Enlarging ONE DAY SERVICE.
19 - Des Voeux Road, Central.
66
THE SILENT GUIDE'
TELLS THE WORLD !
FOR SALE. ·
(3996 | A Salection of the best varieties of
Reliable and Tested. FLOWER AND VEGETABLE SEE DIS
CINOLE, Double & Suites of Rooms.
_from"
Mazars Button & Sons, Beading.. and Messrs.Arthur Yates&Co,Ltd, Sydney
The opportunity of serving you will be a pleasure and your commandewill have our beat attention.
Modern Sanitation, Convenient for Tram and Bus. Special Rates on. Application Garage ard Parking Space. Under the Personal SuperP.O. vision of
J. RUSSELL, Telephone 93849.
VM.
The Most Comprehensive Survey Yet Compiled of Reconstructional Progress in Modern China
RECONSTRUCTION IN CHINA
EDITED BY TANG LEANG-LI
CONTENTS
Chap. I-Political Rehabilitation."
Aims and Machinery of Reconstruction..
Il-Industrialization. IV-Educational Reform.
VAthletic Progress. VI-Public Health and Social
Relief.
VII-Cultural Reconstruction. VII-The Law and Its Enforce--
Lacht.
Xi-The Banking System,
X-Bailway Development. XI-Bond Construction. XII-Commercial Aviation. XIII—Mercantile Marine. XIV-Post, Telegraphs, Telephones. XV Rural Rehabilitation. XVI-Town-Planning and
Municipal Development.
XVII-National Defence. XVIII- Miscellaneous Progress..
Royal Boo-440 pages-Cloth Cover Wille 180 pages of Half-Tone Illustrations" and 8 Maps
Price: In China 415 (postage 50 cents)
Abroad G.$10 (post free) PRE-PUBLICATION ORDERS BECzivad at $12" & 0.48) READY ON JULY 30th
Orders received at:
THE HONG KONG DAILY PRESS OFFICE
Publishers:
CHINA UNITED PRESS 299 BzCHON ROAD, BHaysbLI
Courtesy, Comfort, Service
and Luxuries of Modern Hotel
Construction
THE HOTEL RIVIERA
MACAU
H
Cable Address Riviers, Macau.”
PRE-PAID
GRACA & CO.
No. 18, WINDHAM STREET,
Box No. 13). HONG KONG,
Established 1896,
|
War Fears Cause General Reaction
¡Special Air Mail Service)
For The President
I wa
(Special Air Mail Service)
London, Sept 28 As I let the beautiful grounds of Presidep. Roosevelt's, nouse bere ́ to day, after the weekly London, Sept. 30. relationship between sterling and Press conier-nce, I noticed guarda Markets have become distinctly the rest of the gold currencies, standing about ac every entrance. gloomy. The shadow, of war les The dollar, however, has mored
writes
correspondena A heavily upon them The imme- some 3 to 4 cents against London told that since the assassination diate future is full of the gravest since a week ago, and is at gold of Senator Huey Long, be dicta uncertainty, and investors of all export point, from the Continent tor of Luulsians, the precaussons classes are full of doubts and to New York.
taken to protect the Presiden. fears. Some are liquidating their Gold has also been taken off the
considerably streng- have been holdings, but they are in the London bullion market for exportened and nis guard increase minority, although an evidently to America, which is a symptom increasing minority. The majoritv | not only of the demand for dollára. are standing aloof, waiting on which the sale of the gold on the events.
other side provides, but also of The comparatively small amount the lack of real demand for "gold of selling is having an exaggerated in this centre. Buying for hoard- effect on prices. This is ineviting is singularly absent in this able, for in the almost complete present uncertainty, the general absence of support, the possibility endeavour being to remove capital trickle of liquidation be- as far as possible away from the
* suming a disastrous stream is seat of disturbance.
FAVOURABLE REPORTS always there. Hence the precau- tionary measures taken by dealers
of the
Favourable
industrial reports ir" marking down values and have again been a feature of the past week. It is particularly note- widening their quotations.
We stand at the cross-roadsworthy that among the companies Should
this country become in-issuing their accounts are several volved
in the grave crisie now which suffered severely the facing Europe, the position of in-depression. Under the influence of Vestors will become serious indeed. the better times prevailing last On the other hand, should it be year thes. were able to recover found possible to limit any out-some of their lost prosperity, and break of hostilities to a "colonial now, given favourable conditions. war," the cloud might lift and a appear to be on a solid foundation quick recovery ensue. To the or- again. dinary man the problem "af the moment appears to be insoluble He can only wait while his fate la being decided at Geneva and
SERVICE TO READERS elsewhere.
in number
PUBLIC AUCTION
HS Undersigned have received
Instructions
TO SELL BY
PUBLIC AUCTION
'ON
FRIDAY, OCT. 25, 1935
CoMarcing at 10 A.M.
'እ
Continuing at 2,90 P.M.:
Bud
Anyone SATURDAY, OCT. 26, 1935
The informality of these week- ly mee.ings between he Presid ent and the Washington' 'corres-,
amazing to pondents' is accus.omed to the barriers that divide European rulers from tile
COMMENCING AT 10 A.M. press. We might all have been sitting in a club smoking room | AT ** MARBLE HALL" PRIVATE chatting inconsequentially after a HOTEL Nos. 18, "15 and
game of golf.
Mr. Roosevelt sat comfortably back in an armchair'in his book- lined study and amiably discour sed abou. everything except wa- or politics. The was of the sman room were covered with pictures. of sailing ships,
*SOLDIERS AND KNITTING MOTHER
scood
Here and there aulside State Troopers in their gaudy the and red uniforms, while on the front porch sat the Presid-- ent's mother peacefully knitting in ner rocking chair.
On Sunday Mr. Roosevelt leaves Hyde Park for Washingten, whenes star.s his next Thursday he'
electioneering trans-Continental
make a number of addresses.
At Los Angeles he will board a cruiser in which he will return to the east coast, stopping en route a" the Panama Canal.
It must, of course, be remember- ed, however, that investment in such companies necessarily in volves risk. The experience of the past few years has shown them FALL IN THE FUNDS to be vulnerable to adverse condi- trip. His special train will travel British Government stocks have tions. They appear, in fact, to be
via Omaha, Cheyenne, Salt Lake left the full force of the depres- "fine weather concerns, although City, Boulder Dam and Los Ange- sion Fears of war are sufficient it must be admitted that the
les. Convenient stops will be made THE HONG KONG
In themselves to .cause weak storms through which they have DAILY PRESS, LTD,,holders to seek to strengthen their passed since 1928 have been excepto afford him the opportunity to and the HONG KONG position. But the uncertainty goes tionally severe.
even farther. The City bellaves, It is satisfactory to note that in whatever may result from most cases the lessons of the past WEEKLY PRE88, through that,
the present crisis, Great Britain is have been taken into account, and their London Office, at 58, faced with the necessity of vastly dividend distributions
are being On £ .conservative scale FLEET STREET, E. C. 4, Tel.. increasing her defences. For this made
money will be required, and the adequate proportions of profits are 3137, are prepared to give and Visitors Subscribers. advice regarding accommoda. tion available, motoring faoi lities, suitable shopping centres, etc.
If, when at home, they will call or telephone to the above address, they will receive the utmost. assistance and the latest available information on all subjects of enquiry will be placed at their disposal.
#
LOCAL MAPS
Peak District,
Kowloon.
*Victoria,
New Territories.
HONGKONG DAILY PRESS.
ADVERTISEMENTS.
The following classes of advertisements vin charged as the price given balose-
SITUATIONS VACANT.
HOUSES AND APARTMENTS WANTED.
HOUSES AND APARTMENTS TO BE LET MISCELLANEOUS, WANTS
When so required replies to box. numbers will be posted to advertisers daily Extra stamps for postage should be romitted.
All advertisements must be authenticated by the name and address of the sonder
Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid Rate of One Dollar for FOUR INSERTIONS. If Charges collected, $1.50
THIS FORM MAY BE USED.
*Please inser
Endlosat...
Address...
in payme
Bigsawre Address: The Advertisement MANAGER, "Hongkong Daily Press,"
11, Ice House Street, or P.O. Box
flotation of a large Defence Loan
being either placed to reserve of
is regarded as one of the certain carried forward, thus assisting to
FISHING TRIP PLANS-
great He spoke to-day with enthusiasm of a fishing trip plan. ned at Pearl Island, 70 miles west
of Panama City, where the fishing
thes of the near future. Such "an provide for any change in their ported to be unusually good.
Issue would necessarily have ita effect on the prices of present stocks.
The week's fall in values has been very substantial.
At their present price Consols 23 per cents are offering a return
of over 3 per cent. When this is
compared with the level at which this stock has stood this year. over 94 the extent of the fall is Emphasised..
INDUSTRIALS REACT
present favourable conditions.
BUILDING ACTIVITY » The prosperity in the building industry is reflected in the report of Eastwoods, Ltd., for the year to March 31 fast. Trading profit was £118.719 against £91,871, and, in addition, £11,194 of pront was
realised on the sale of investments. The last-named sum is transferred direct to investments Reserve Account.
After payment of expenses there There has been some resistance is u net pront of £90,038, from to the reactionary movement in which £5,000 is placed to taxation
to
·
OBSERVATOR) ROAD,
KOWLOON
17
A QUANTITY OF
HOUSEHOLD VALUABLE
FURNITURE
UN VIEW FROM THURSDAY, THE 24TH OCTOBER, 193.
TERMS-Cash on DelivERY,
LAMMERT BROS.,
AUCTIONEERS
PUBLIC AUCTION.
HE Undersigned have received
TH
instructions
"TO SELL BT"
PUBLIC AUCTION
To-morrow >is the sighty-first TUE DAY, OOT. 29, 1935 birthday of his motzer, and the chief event in the celebrations". Le at ama eur show planned by her great-grandchildren Bistle and
uzzie
FRL. CILLY AUSSEM
To Marry "An Italian Count
(Special Air Mail Service)
London, Sept. 28. It is announced from Cologne,
COMMENCING AT 10 AM;
Ar No. 10, KENNEDY ROAD
A QUANTITY OF VALUABLE HOUSEHOLD
FURNITURE
Comprising :—
Drawing Room, Dining Room and Bed Room Suites, Carpets, Electric Fans and Hesters, Croukory, Glass Ware, Ornaments, Pictures, Kitchen Utensils, etc., eta
(This Furniture is almost New and of Modern Design)
ON VIEW FROM MONDAY,
: Tяs 28 т¤ OCTOBER, 1985.
the industrial share market, but reserve, and £22500 to general here again the abserice of support. | reserve. The dividend tor
the and the determination of dealers year is made up to 15 per cent. to protect themselves against any against 121 per cent. Previously, her native city, that Fraulein Cilfy substantial selling have combined thus restoring the level reached in Aussem, the German lawn tennis cause general weakness in 1928 and 1929. Finally, the carry-champion, is to marry Count prices.
forward is increased from £9:773 Fermo Murari Dalla Corte Brae, of All the market leaders are well brought in to £18,811, 20
Verona, Italy,
Fraulein Aussem, who is 26, 14 down, although there is little This “cohupany is one of the
well-known at Wimbledon. In doubt that any attempt to obtain successful group manufacturing reasonable lines of shares at the bricks and cement, etc., under the 1931 she won the championship. lower level would be promptly Eastwood name, it has a capital beating FTL Krabwinkel in the first counteracted by rising quotations. of £450,000, of which £300,000 is all-German final. A month earlier
The more speculative markets in Ordinary hares valued in the she had captured the French title TERMSCH ON DELIVERY. have shared in the fall. Earlier in market at $65. 3d. The yield Paris. the week South African gold-offered is thus about a per cent., miining shares showed some and when it is considered that and one of the most graceful strength
support
from earnings in the past two years Wimbledon had known. On the Johannesburg. but this was with have been more than 10 per cent. Continent they called her, because drawn on Thursday and Paris be- excess of the dividend distri. of her somewhat similar style,
"The German Lenglen," came a large seller, with the result buted, the shares look attractive. that prices have closed the week at a lower level than they began
it.
She was the smallest champion
issue
- TURNING THE CORNER Another company which seems
LAMMERT BROS.,
AUCTIONEERS.
CONSECRATION OF FOUR BISHOPS
10.30. 2.3.
The Ven, William Jameson Thomp- son, Archdeacon of Isfahan, as Bishop in Iran,
BACK TO PROSPERITY Another industrial concerni which is Justifying itself is the capital increased by the issue in The Account has closed with Leyland and Birmingham Rubber December last of 104,000 5, shares wide differences to be met in all Company which raakes a speciality to shareholders at par. Reserve sections. Fortunately. speculation of rubber hose. 1ta capital is receives £5,000, and new
(Special Air Mail Service) is on a very small scale and no £700,000, or which £600,000 is, in expenses £1,664 are written of,
London, Sept. 30. trouble is anticipated. To sum up, Ordinary shares. In 1930-31-32 11 while £3,117 is carried forward
The following Bishops will be one may describe the position in experienced bad times, but 1933 against £2,891 bought in. The consecrated in St. Paul's Cathedral the words of a leading dealer saw the beginning of a recovery. 65. shares are quoted at 78. 4don St. Luke's Day, October 18, at
There are few sellers because Further progress was made in and offer a return of £8 98, per there are no buyers".
1934, and in the year to June 30 cent. MONEY GOING TO AMERICA last profits again rose, the figure A further result of the scare of being £66,219 against £50,307, • war has been to drive money to The writing down of goodwill is to have turned the corner la E. W. seek refuge in America, and the continued, with the allocation of Tarry and Co., Ltd. which manu-The Rev. John Charles Mann, as demand for the American currency £5,000, and the dividend on the factures machinery in Bouth Bishop of Kyushu (Bouth Japan). has this week been the feature of Ordinary shares is raised from 6 Africa and Rhodesia chiefly for the Canon Arthur Ivan Greaves, Bub- the foreign exchange market to 7 per cent. There is left to gold-mining industry. Prior to The trend of the dollar has been carry forward £223,821 · against | 1930 it was paying dividends on rm for some time. The move £13,602 brought in. The Ordinary its Ordinary shares. Since then It ment began with the opening of shares have a market value of bas beeri sustaining serious losses. the autumn season and the usual 248. 9d. and the return on the and the dividend on the £150,000: seasonal buying of dollars on basis of the 7 per cent, dividend of 8 per cent. Preference. shares The consecration will be per commercial account. It was ac- is just over 8 per cent!
fell into arrears.
formed by the Archbishop of Can- centuated by the attraction of After many years of struggling Now, it is announced, net pront terbury, assisted by the Bishope Of Enance to the Wall Street market. against adversity Press Cape, Ltd., for the year to March 31 last London, Gloucester, St. Edmunds This week, however, it has been which manufactures air-tight amounted to £37,491, or £18,596. bury and Ipswich, Leicester, Fetér- fairly obvious that the American closures for bottles, tins, etc., and more than in the previous year, borough, Portsmouth, Lincoln, policy of tolation from European also washing machines and water A dividend of 109 per cent, in Chelmsford, Guildford, and Ripon, affairs has made the, dollar, in softeners, appears to have reached "volving 215,750, 1s to be paid on the Bishop in Kobe [Japan), the Continental eyes, the safest refuge success. Since 1932 128 income has thy Preference shares, bringing guragan Bishops of Barking, Col- [during the crista
been steadily advancing, net pro the arrears up to June 30, 1932 chester and Han, the Assistant The effect of these movements nt rising from £118 for that year The Preference shares, are quoted Bishop to the Bishop of Lagos. on the pound has been limited by to £14,665 for last year, at 225, 6d. The prospect of further Bishop Linton (late or Iran), and The dividend is being increased payment is good, the report stat- Bishop Tubbs (late of Rangoon the Exchange Equalisation Fund; the "peg" in the French exchange from 73 per cent. to 10 per cent, l'ing that sales for the first five and Chester), who will be the preserves on a broad basis the and this is being paid on the months.
preacher.
Dean of Lincoln Cathedral, as Suffragan Bishop of Grantham. The Rev. Herbert Guy Ballen, as Assistant Bishop to the Bishop in Egypt and Sudan.