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The Most Comprehensive Survey Yet Compiled of Reconstructional Progress in Modern China
"RECONSTRUCTION
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Reliet.
VII-Cultural Reconstruction. Vill-The Law and Its Enforce-
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XI-The Barking System.
X-Railway Development. XI-Road Construction. XII-Commercial Aviation. XIII-Mercantile Marine. XIV-Posts, Telegraphia,
Telephones. XV-Rural Rehabilitation. XVI-Town-Planning and
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ARMS AND DESPAIR
The Debate
New York: April 7.
WEDNESDAY, APRIL 8, 1936.
NEW YORK STOCK
EXCHANGE
(through Keuler's AgeNES) -
Change off
LAMMERTS AUCTIONS
PUBLIC AUCTION.
THE
HE Undersigned bave received
Instructions
TO SELL BT
PUBLIC AUCTION
UN
The two day's debate on the Defence White Paper has done surprisingly litle to clarity that ambiguous and indefütte docu- ment. Naturally enough Ministers made the most of the atmosphere of crisis produced by the events of the week-end, but they went too far. The failure to answer the Opposition's legitimate questions can only deepen mistrust and raise misgivings. The objects of our rearmament programme, Mr. Bald- win said bravely enough, are first
الوا
New York/Loudon Cross-rate New York Cotton-July New York Rubber-July Chicago Whost Jaly Chicago Corn
-July Silver Oficial
Dow Jones Average High-1834/35 Low: Apr.4.
30 Industriais
20 Buil
20 Utiliti
4 Bonds
11 Commodity Index
Stocks
442
401
APRIL 8, 1936-
"A QUANTITY. OF
VALUABLE HOUSEHOLD
FURNITURE
Comprising:-
Chesterfeld Suites, Teak Bed Room & Dining Room Furniture, Office Furniture, Carpeta, Rugs, Ornamenta, Gramophones & Records, Brass &. E. P Ware, Electric Table Lamps, Cotlery, Glass Ware, etc.,
QUOTATIONS
Last Today's
High Low Close Close
- 4,981 4.901 * 10.67 10.80 10.8, 10.85 1Q07 16.02 10.83 18.00 14 85 +37 94) 843
60 58
0à of
.19 up
-
A up toff nchanged .
Apr. 6.
Change
181.69
96.71 181.00
16:0
.46 up
51:73
7.31 49.10
49.35
.25 пр
36.36
14.4 32.6
32. 6
.Bu off
103 24
93.43 102.25
102.33
08 up
83.10
524- 08.77 4,8
WEDNESDAY,
.21 up.
Business Done: -2,030,000 shares.
Last Sale
Apr. 1
Stocks
Apr. 4
Last Sale
G
COMMENCING AT 2.30 F.M.
134
134
G. N'thai Rly. pl.
381
39
AT THEIR SALES ROOM,
1231
1214
G. Western Sugar...
351
351
371
371
Humble Oil.....
71
1}
No. 85, BANKOW ROAD,
B1
07
Int. Nickel
491 493
KOWLOON
37
377
Int. Tel & Tel.
161 16
311 31
Kennecott
381
24
234
Loew's Inc.
477
477
307
311
Lorillard
23
23
851
85
Monsanto Chemical 181
1011
541
56
Montgomery Ward...
441
441
1871
Nät. Clty Bk.
351*
35*
933 221
94
Nat
Dairy Prods...
232
23
237
Nat Distillers
32
371 381
Nat. Power & Light
11
78 781
New York Central...
321 11 381 39
341
141
343 14
North American ......
27
271
Northern Pacifc
331
341
211
49 t 497
217
Pacific Gas & E ec.
381
39
etc."
Pacific Lighting PANTY
523 53
also
61 631
Packard Motorc
114
12
431
234
F
Paramount Picture
271
27
Incor.
01
Pennsylvania R. R.
341
35
A FEW PIECES OF BLACK WOOD FUR-ITURE
491
493
Phillips Petro eum
-481
484
and
Pure Oll Co
401
408
:
Pub.. Service of NJ.
237
23
One Radio
162
Radio Corpn:
131
137
131
401"
66
391* 66
Radio Carph
$5 of
16
53)
991
574
571
Reynolds Tob 'B'.... Schenley
53
532
481 46
1001
103
211
1001*
Schenley 51% pf..... Sears Roebuck Socony-Vacuum
1001
100
69
ON VIEW FROM TUESDAY, THE 7TH APRIL, 1936.
141 16
531
Sthm. Cal. Edison
261
21
Sthrn. Pacific
27! 361. 381
TERMS:-CASH ON DELIVERY.
Stand, Brands
161 161
3
Stand, Gas Y Elec
88
81
661* 68
341 341
142 ..142
Stand. Oil of N.J.... Sterling Prods...... Swift Internationa: 31 Technicolor
66
661
704
30
30%
30年
364 381
Texas Gulf Sulphur 35
351
73
741
Transamerica
132
132
61
20th Cent. Fox Fiim.
171
171
47
471
25%
241
691
* 681
1513
..........is
137 133
Elec. Band & Share
238
231
Elec. Bond & Share
comm. 20th Cent. Fox Film.
pf. Un. Carbide & Car-
bon Un. Pacifc Un. Aircraft (New) Un. Airline Trans... Un. Corpn.
271
271 PUBLIC AUCTION.
35 35
25
1334
88
1331
271 261
207
201
74
73 1
$5 pr.
741*
743*
Un. Corpn. $3 cum.
pt.
451
45
821* 84
141 141
Un Gas Improve-
ment
16
161
657"
57
40
401
U. S. Indus A'cohol U.S. Rubber
504
552
THURSDAY,
29 ·291
361 361
U. S. Steel
694
711
701 701
Vanadium
24
· 243
20
191
294
281
* Bid.
Warner Bros. Picts.
Call Money .....
possible mu
117 12
Westinghouse Elec. 121
122
漆器
3%
to enable us to fulfil our obliga-Adams Express tions under the League Covenant, Amer. Can secondly to enable us to protect Amer. Cyanamid 'E ourselves. But it was fairly evid Am. & For. Power ent after his speech that the Gov- Am, & Fot. P. $7 pi ernment's policy is much what it Am, Light & Trac. would be were there no League or Amer. Locomotive... theory of "collective security" at Amer. Radiator...... all. It would hardly be too much Amer. Roling M..... to say that Mr. Baldwin shows al-
Amer. Smelting most no falth at the moment in Am. Sugar Refining 1661 collective security, or at least in Amer. Tel & Tel. what most other people mean by Amer. Tobacco 'B'... 1. For, he says, "when these pre- Amer. Waterworks... sent troubles are over." "as soon Anaconda Copper as this present war may come to Atchison, T. & S. Fe. an end." Europe must, consider Atlas Corpn. "what collective security involves": [Auburn "make up her mind whether she Baltimore & Ohio.. will make herself ready to use it." Bethlehem Steel whether indeed "what we all so Boeing Airplane Co. mach desire is feasible or not; Borden Co. and "take such steps that collec- Bklyn - Manhattan tive security may be a reality." Trans. Corpn. ...... The question is as open as all that. Bklyn Manhattan The whole Idea of collective $a cum. pí.
1023 1031 security, he lays it down, is that Case. J. I.......... 1593 "It should be able to prevent war Canadian Pac. Riy. 131 before it begins." The only way Chase Nat. Bk. ....... of stopping an aggressor is that Chesapeake the other countries should be as Chesapeake & Ohio ready for war as he is, which Chrysler means "that the countries in Europe will have to be much more ready for war than they are to-day." This is, as Mr. Baldwin admits, "a horrible thing to nave to say." for it means that the "free States in Europe" will have to arm Comm. & Southern to the level of the unfree. Had (ord.) 36 cum. pf. Mr. Baldwin gone on to explain Consolid. Gas of N.Y. how these menaced "free States" Consolid. Onl were pooling their arms and con- Continental 03 certing their armaments pro- Corn. Products grammes to make their combined Curtiss Wright, (C)) strength unbreakable the phrase Curtiss Wright 'A'... "collective security might have | Delaware & Hudson had some meaning. But he spoke Distillers Corpn. Sea- only in terms of national arma- grams ments and of our capacity to carry Douglas Aircraft on the "folly longer than anyone Du Pont de Nemours 1511 else. The background of his mind Electric Boat was one of despair.
POOLED SECURITY
It would seem a fairly elemen-
man
Corpn.
Columbia Gas & E. 201 C. G. & E. 0% 'A' pf. 1011⁄2 Commercial Credit 54 Comi. Solvents ..... 212 Comm, & Southern.
(ord.)
t ez. div.
# * 9 = = ¤ ¤ ↑ ( ⠀ ⠀ **58**** ~ ******* *888* & *********
JOE DAVIS AGAIN IN BRILLIANT FORM
tary consideration that an arma- Elec. Bond & Share ments policy based on a pooled) 56 pf. security, however rudimentary, E'ec. Power & Light would be somewhat different from Gen. Cigar.... what it would be were we prepar- Gen. Electric ing to act in isolation. If our Gen. Foods .. foreign policy were clearly defined Gen. Motors defence would be formed in rela-Gen. Rly. Signal ... 451 444 tion to it. But the two are kept Gold Dust separate, and Mr. Baldwin, though Goodyear Tire & R. he conceded the theory, would not agree that it should be applied. Consequently the defence pro- gramme was treated as an isolated The next few days will be a effort, whose central problem, as severe test. It is all to the good Sir Samuel Hoare put it, is Ger- that the British Mhlsters at the rearmament. Mr. Churchill Parts Conference should have per- drew the moral We are to spend suaded the other Locarno signa- over a period of years perhaps tories to continue their discussions £300,000,000; Germany under Hit in London, and that the League ler has already, according to Mr. Council itself should transfer its Churchill, apent £1,500,000,000 "If meeting from Geneva. This is to what we have seen is a partly be welcomed for several reasons. armed Germany. imagine what It is a symbolical act whose signi- the end will be when these colos acance will not be lost either in sal preparations which are being Paris or in Berlin. It shows that made are approaching zenith" although we are not demanding Hence the demand that we should penal measures that may jeopar do likewise and hurry to spend dise peace we are none the less Qur money. This is suspiciously deeply affected by the issue of ilke allowing our defence polley to principle that Germany's action dominate our foreign policy. The has raised and are determined not end of the mad race in expendi- to ignore it. By bringing the two ture is either bankruptcy pr war-meetings to London we show that that is the accepted commonplace. there is no weakening of our ac- Has the Government an alterna- knowledgement of our responsibili- After carrying his unfinished break tive to offer? Why must we wait, tles under the Locarno Treaty and of 52 to 112 (full), he went on to! as Mr. Baldwin" would seem to under the League Covenant. We score 204 and 209. Lindrum could have us walt, until the war benaturally have, and must be allow- tween Italy and Abyssinia is over ed to have, our
not get going and lacked own views of Indence. before Europe can consider where methods and details; the divisions
LAMMERT BROS.,
AUCTIONEERS.
THE Undersigned have received
instructions
TO SELL Dr
PUBLIC AUCTION
JN
APRIL 9, 1986
COMMENCING AT 11 AM.
AT THEIR SALES ROOM,
4, DUDDELL STREET
2 Bets of Engineers Transits
2 Sets of Engineers Compasses
1 Box of Chains, 80 feet long
1 Out Board Motor
2 Cases Torch Light Lenses
also
London March 10.
5 Fire Extinguishers Starting the day only 65 points Case Violin ahead, Joe Davis heavily outpoint- & Pieces Tapestry ed. Horace Lindrum in
the early session of the Gold Cup billiards sealed handicap match at Liver- pool yesterday, The champion scored 1,854 (average 118) to the and Combs, Massage Apparatus, A Quantity of Electric Brushes
Australian's 172 (average 12). Khaki Coute and Breeches, Bouta, " forty minutes, and had other runs
Davis made a break of 798 in Empty Cartridge Cases, etc.,
of 188, 145. 137 and 113, whereas
and Lindrum's best was 69. Interval Household Furniture. Lindrum 1,585.
Davis in play) 3,132,
In the
SCOTES:
evening session.
Davis
again began in brilliant fashion. TERM8-CASH ON DELIVERT.
con-
NJ
The Australian, however, later
LAMMERT BROS.,
AUCTIONEERS
It is heading? Possibly Mr. Bald on these in Paris yesterday ob-recorded the highest break of the win might have had more positive viously went deep. But as the session 460. Lindrum was uneasy things to say about our political British press, almost without ex-in the early stages of this break. Gold Cup match at Thurston'a efforts for European appeasement ception, and the speeches in the had not Germany precipitated a House of Commons debate have century he was never in trouble. against 339.
but once he had passed the first London. by scoring 758 points new crisis. Possibly the terms of shown, the Government has public (Later Landrum added 211, Lindrum Mr. Eden's statement on our will opinion with it in its desire to averaged 97 and Davis 57.
Faikiner, who averaged 58 ingness to try to turn the German turn this evil hour to constructive proposals to peaceful account are purpose. Standing with France in 3,703, Lindrum 2,558. -
Closing scores:" Davis (in play) Inman's 26, had breaks of 99, 201,
132 and 229. held to serve for the moment. her condemnation of Germany's
Inman's best run But they can serve only for a short violation of her word, we may yet his lead over Inman in the other (in play), 2114; Inman, 1,187.
Claude Falkiner almost doubled was 77. Interval scores:--Falkiner moment, Mr. Baldwin's despair at hope to influence her in volding. any effectual measures of pooled measures which might destroy security, Mr. Churchill's realistic what remains of the "shaken preparations for opposing one structure of peace." The London Germany is as anxious for a set State in arms to another State in meetings will see no condonation tlement as Herr Hitler professes, put on 89 and 48, arms, invite disaster. The country of Germany's action: Germany, and values British opinion so Falkiner, who now leads by 1,647, would be happier if it could feel will and that for all our anxiety much, London offers an opportu Ecored 881 for an average of 31 that half the determination and for a healing solution her new nity more favourable than Geneva and Inman scoring 241 for an consistency were present on the proposals will not be taken up and for a beginning to be made. Bri-average of 15 Closing scores political side that are being put examined as though only a minor "tish sincerity at least will not be Fa diner. 2.976: Iman (in play),
incident had taken place! But if in question.
into rearmament.
In the evening, Falkiner had -breaks of 149 (full), 75 (all off red), 136, 318 and 87, while Inman
1.428.