U. S. AIR MAIL SCANDALS.
INFORMATION LEAKAGE
SUSPECTED.
Washington, Mor. S. Evidence that a block of 4,500 United Aircraft shares were sold on behalf of the 1. P. Morgan Company a fortnight before the cancel. lation of the air mail con. tracts, was presented before the Senate Banking Com- mittce to-day in a list of sellers submitted by the New York Stock Exchange.
The Committee ordered a thorough investigation to doterming whether there was a leakage of informa-
ment's decision to cancel
THREE ASSAULT
CASES
WIDOW AMONG THE VICTIMS
A shop coolie, Wu Kou, was fined $10 and bound over by Mr. Balfour in the Central Polico Court this morning for assaulting Bo Yau, n travelling trador.
Sub-Inspector Smith said defen- dant accused the complainant of being a police informer and struck him whilst at the Macan Wharf, Defendant had been in trouble previously and alleged that com- plainant was the informer:
In a second case of assault which came before, the magistrate, Luk Dinu, cobbler, was bound over for striking Wu Tong.
" truck owner. It
that where, the was stated tion concerning the Govern-complainant had a number of his trucks parked there was a collec-
of tion
rubblah which he swept away with a broom which ho bor- rowed from the cobbler. The latter resented the procedure and grab- blag the broom out of his hand, struck Lak Mau over the head. stitch. The injury necessitated but it was not serious.
the air mail contracts.--- Router.
WORLD COTTON
STATISTICS
GREATER ACTIVITY OF MILLS
Chan Ho, married woman, and
THE HONGKONG TELEGRAPH
TUESDAY,
MARCH
6, 1934
RESCUE OF MAROONED FISHERMEN.
NEW YORK STOCK EXCHANGE
= RADIO BROADCAST
FINE WORK BY STEAMERS,
AND AEROPLANES,
Moscow, Mar. 5. All but 84 of the ,400, marooned fishermen, vic- tims adrift on an ice-block which broke away from the ice-field in the Caspian Sea, have now been rescued.
Steamers and aeroplanos have been used for this pur- poso, and it is hoped that the rescue of the remaining- men, who are still maroon- .ed on the ice-floes, will be shortly accomplished, ~~ Router.
imam
THE FAILURE OF DEMOCRACY'
Continued from Page 1.)
The Recovery Act was drawn up for the greatest good of the
a man named Lei On, were charged ber of yours through inertia before Mr. Hamilton, at the Cen-partly the inertia of lenders, and tral Magistracy this morning, with partly that of the people them having assaulted Ng Som-tai, selves. widow, at Mong Lung Street Shaukiwan. The complainant was hit on the check with a
brick, charges, but na the assualt was not $2 compensation cach, and all three bound over in sums of $50 each to keep the peace for six months.
YESTERDAY'S MARKET
EASY
EUROPEAN PROGRAMME
From Z. B. W. on a wavelength of 365 metres:
4.30-7.30 p.m. Chlačne programme, 6.30-7 p.m. Shorthand Lesson from the Studio.
7.30-10.30 p.m. European pro- ramme..
According to Mesure. Swan Cul TO-DAY'S BROADCAST. bertson and Fritz, the Now York market was slightly easy yesterday. -Business
050,000 dono
shares. The wall Street Journal reports: After a day long of Irregularity the general list firmod slightly near the close due to a spurt in mining shares which was caused by, first, reports that the Silvarites plan to fores the administration's hand on remonetiza tion and, second, Homestako Mining spurted 20 points to 350, a new high for 1984, due to rumours that the Government would probably raise the gold price. shortly, to prevent any sharp setback in commodity prices. Earlier irregularity was due to Wall Street taking the President's speech bearishly when he Intimated favouring higher wages and shorter hours which reduce profits. Curb stocks were frac tionally lower due to lack of buying Interest. Bonds were strong due to n firmness in foreign issues.
Our New York office cable: Stocks: Wero moderately lower la a dull session as the market awalts nows. Wheat: Interest was lacking and prices cased on prefesalonal
visible selling. With the
supply heavily decreased and cold weather in the northwest, we all hold to the the Gold Price is being urged and con- buying side. Cotton: An Increase in
tinued silver agitation has a steadying effect on the market but trade buying was slack. The speculating intorcat was inactive and somo 'tired long
7.30-8 p.m. From the Bindio. Cantonrac" by the Rev. Mr. H. R. The 34th of a series of lessons in
Wells.
8 p.m. Report.---
Local Time and Weather
8.3-8.30 pm. Orchestral. Ballot Egyption Suite, (Laigini)..
Concert Orchestra. Triana (Albeniz, Orchestrated by
Arboa). Spanish Dance No. 3 (Granados).
Now Light Symphony Orchestra. Pocr Gynt Suite No. 1 (Grieg, Op. 40). New Queen's Hall Light Orchestra. 8.50.9.20 p.m. Varlety. Song Evry Little While. Song--Try Gettin' a Good Night's
Sloep.
Frances Maddux (Soprano). Orchestral-To-night Give mo G11 Orchestral-Play, Fiddle Piny.
Hour of LoYE.
** Geraldo's Gaucho Tango Orchestra. Instrumental-I Cover the Water-
frost.
Both defendants admitted the greatest number and they had quidation was noticeable, Southern Instrumental-Sweetheart Darlin'. sought a balance in the economic offerings were reported increasing at
fe You.
Arranged for Eight. Pianos.
London, Mar 5. The world's cotton mill consump- tion for the half-year ended Janu- ary 31st was 12,519,000 balas, this serious; they were ordered to pay system, in order that their Inter-high prices. The basis looks tempor SongMusle in the Air-The Song being an increase of 637,000 bales,
n markets should be kept rich nelly high enough. According to statistics compiled by
and large, and also that trade the International Federation of
with other nations should increase on both sides of the ledger. Ho Master Cotton Spinners and the
donounced destructive criticism, Manufacturers Association,
but welcomed constructive sugges- 20 titles tions.
ܨܐ
The largest increase WRA East Indian cotton, the consum)- tion of which was 2,352,000 bates, an increase of 294,000 bules.
The world's mill stocks 6,216,000, against 4,542,000 In January, 1933.
were
BRITISH POSTAL
CHANGES
Dow Jones N. Y, Average:
+
20 Industrials 20 Rally
40 Bonds 11-Commodity
Tarner Layton (Tenor). High Low Nur, Mar. Vocal DuctMusic in the Air IVO
Told Ev'ry Little Star.
..... 118.74 20.16 105.€1205.02 66.55 $5.48 49.22 48.90 17.73 30.33 20.03 20.74 92.45 13.21 91.67 $1.29 Inc. 60.4 43.58 54.40 54.5
President Roosevelt expressed The following market closing prices satisfaction that most of the criti-are quoted subject to confirmation as clam was not levelled at the Re-to accuracy in transmission: covery Act itself, but against the detația and method of the Act.
NEW ALLOCATION OF REVENUE The world's spindlenge was 157, 631,000, compared with 157,755,000
N.R.A. OBJECTIVE. Loudon, March 5. Inst July, the British being 49,- Sir Ernest Bennett, Assistant 001,000 and the Japaneso 8,200,000 Postmaster General, In a speech N.R.A. was to raise the public The whole objective of the last August, compared with 67,136-at Rugby referring to the changes purchasing power. 000 and 0,272,000 respectively intriking place in the administrative
No-one was 1928.--Router,
opposed to sensible and reason- management of the Post Office, able profits, but a great segment said that at the end of the month of the people was in actual distress it would onter now stage of
financial development,
and when it came to a question of in OFcordance with the recenter, da humanity, they must be consider- tions of the Bridgeman Committee.ed first, he said. There was no
Hitherto the revenue earnol by room for healtation, the Post Offico had been handed "With millions still unemployed, over to the Exchequer. In future, the purchasing power of the of £10,750,000 people remains greatly curtailed would be contributed to the pa-and can only be increased
and tional revenue, and any surplus sustained by striving for the would be retained by the Past lowest schedule of prices on which Office and expended for the bene- higher wages and increased em- fit of the public generally in the ployment can be maintained," he development of services or redus went on. tion of charge
INFRINGEMENT
TRADE MARKS
FURTHER PROTEST TO definite
JAPAN.
London, Mar, 5. Mr. Sommerville, Conservative M.P, this evening drew the atten- tion of the House of Commone to the number of lawsuits pending in The scheme was experimental, The Government could not for Britain, nginst Japanese repres but it had every prospect of pre-over continue to absorb all the sentatives for the Infringement of ving an
The butstanding success burden of unemployment. trade marka and the representation | British Wireless.
urgent need was to get more people working.. of Japanese-goods as British
Dr. E. Leslie Burgin, replying on behalf of Mr. Walter Runciman, President of the Board of Trade. sold the British Ambassador to Tokyo was recently instructed to make representations to the Japan- C80 Government with a view to the suppression of these acts of unfair competition-Reuter.
JAPANESE NAVAL
TOUR
"IDZUMA”
COMING
SOUTH
(Special to "Telegraph")
Shanghal, March 6. Admiral Imamura, Commander of the Japanese Third Fleet on the China Station is salling for the South aboard his flagship, the Idzuma, accompanied by two de stroyers.
BRITISH FUNDS
BUOYANT
COVT. DETERMINED,
"With few exceptions, Indus- try will give its whole-hearted compliance with our endeavour, NEW HIGH LEVEL OF but in rare cases where Industrial self-government fails, the Govern- ment must and will, move firmly and promptly in order to prevent failure," declared the President
WAR LOAN
where buoyant condition prevailed
London, Mar. 6. British funds were again active on the London Stock Exchange,
in almost sections.
Further substantial gains were recorded in British Government stocks, under the lead of consols 2% per cent. at 82%. which is the highest polat reachel for many years. War Loan 3% per cent. improved to a new high level of 103.16/16-Britial Wireless.
TIN RESTRICTION
NO CHANGE IN OUTPUT QUOTA
London, March 6.
Consolidated Gas of
New York Continental Oil Coty Inc. ..... Curtiss Wright Com. Du Pont de Nemours 100 Eastman Kodak.... Elentric Bond
Share...ANATIO Electric Power and
Layton and Johnstons, Vocal-Whistling in the Dark. Vocal-Cuban Tango.
The Vienneso Seven Singing Slaters.
9.26-10.04 p.m. A Concert. 'Cello Solo-Tarantello (Popper, Op.
33).
'Cello Solo-Adagletto (Bizet, arz.
Squire).
W. H. Squire, Song-Afton Water (Burns). Song-Annie Laurie.
Mary Garden (Soprano), Pianoforte Solo -- Capricò (Gluck-
Saint-Saens).
Pianoforte Solo Fantaisío — In-
promptu (Chopin, Op. 66).
Harold Bauer.
Song-Had a Horse ("Hungarian Folk
Songs" Korboy).
Song Shepherd, See Thy, Horses Foaming Mano ("Hungarian Falk Songs" Korbay).
Keith Falkner (Baritone), Solo - Liebesleid (Love's
Sorrow) (Kreisler),
Violin Solo-Liebesfread (Love'a Joy)
(Kreisler).
Fritz Kreisler.
10.04-10.30 p.m. Musical Comedy. Selection-Bow Bells (Sullivan).
New Mayfair Orchestra. Vocal Gems-Lilac Time (Ross and
Schubert, art, Clutsam),
Columbia Light Opera Company.
Selection-Words and Musle.
Debroy Somers Band. 10-80 p.m. Ragby Mid-day Press News.
“10.35′′p/m."""Close"Down,"
Adams Express Alaska Juneau Gold
Mining Co................. 20
American Can Allied Chemical and
Dye... American & Foreign
Power
March 3. March 6.
9% 10
1534
21%
158
10314
103
10%
30%
tion
American Metal American Smelting American Tel. and
Tel.
Tabacco American American Water.
works Anaconda Copper Auburn Automobile Atlas Corporation.. Baltimore & Ohlo Bethlehem Stee! Borden Company Borg Warner Canadian
Railway Саве, 3. 1. Chase National Bank
20% (bid price) Chesapeake Corpora-
414 Chrysler Corporation 56% Columbia-Gas... and
15% Electric Commonwealth and
*2% Southern...
24%
404
121% : '121
784
- 23% 46
214 20%
15%
Violin
534
B4
13
-13%
·31
31
40%
45%
123%
26
20
Pacific
10%
15%
70%
70%
29
41
55%
16
2%
10
30%
way ....
120
1284
-18
187
7%
75%
United Aircraft and
Trans.
25% 21%
4%
44
United Corporation 7
7
United Gas Improve-
100%
mont
17%
17
00
10
U. 8. Rubber
2016
10%
and
U. 9. Steel
65
55%
18
184
Universal Lent To-
bacco
Ung.
42
75%
714
Vanadium
2814
27
15%
15%
Warner Bros. Pic-
Ung.
0%
tures
736
7
+221⁄4
Westinghouse E. &
834
B3%
M.
40%
39%
301%
Woolworth
51
51%
44% 20
44%
19%
88%
38
ment International Har-
อเม
31
42%
48
244
144 Бу 20% 73
144
68
20%
74
65th
32
1R4
82%
30
20
27%
27%
20
88%
Owens-Illinois Glass Gaa and Pacife
Electric Packard Motors ... Pennsylvania Rall-
road
20
10%
88
2034 57%
B7
10%
6
ast
36%
9%
3%
175%
17
-8%
8%
41
4214
45%
Cor-
"The Code authorities are the keepers of their Industrial Light brothers," he added, "and they Fox Film "A"
every safeguard General Aviation must establish
General Electric against erasing the small operator General Foods from the scene. The Codes should General 3fotors **** Railway check roverse competitive methoda General Signal whereby, the little fellow is being.
Gold Dust squeezed out."--Reuter.
Goodyear Tire and
Rubber International Co-
INDIA QUAKE
RECONSTRUCTION
COMPREHENSIVE PLAN ARRANGED
vester ...................... International Nicket 24 International Tel. &
Tel. Johns Manville .... Kennecott Copper.. Lehman Corporation Lip ett and Mycra ∙He is expected to pay a visit to In a communique, issued after n
London, March 5.
"B" Hongkong after completing his meeting of the International Tin Sir Samuel Hoare, replying in Loew's Inc.. tour of Inspection at "Amoy, Commlitee to-day, it was revealed the Commons to a question regard- Lorillard F. (Com.) Swatow and South Chinn ports that the Committee had decided ing reconstructive works in pro- Montgomery Ward Central Newa,
not to recommend a change in the cesa in relation to the recont National City Bank output quota from April 1.
(bid price) earthquake in India, said a com- The next meeting will be held prehensive plan had been worked National Distillers
out by the Government of India New York Central. North American and the Government of Bihar, in
Company
THE CHANGSHA CONSULATE
TO BE RE-OPENED
NEXT JUNE
London, March 5.
.
in Paris on May 16.-Reuter.
The weddings are announced to take consultation, covering the re- place shortly of Mr. Walter Mont Construction of Government build gomerlo Groves, clerk of 18, Kent Rod,ngs, financial assistance to the relief to Kowloon Tong, to Mias Maxime local authorities and Skogland, bank clerk, of Stratford, | private sufferers. New Zealand, who is on her way to A special Commissioner has the Colony on the .. Kemo Maru; boon appointed by the Bihar Gov- Pennroad Corporn- Mr. Robert Darr Dell, ship-builder, ernment and with the financial
Phillips Petrolçum of 4, Miss Mary Lang Wilaco, In the House of Commons to stenographer, of 13, Stanley Terraco; assistance given from central Radio Corporation night, Sir John Simon sald her, Carlos Maria da Silva, of 23 revenues, he had no doubt the Reynolds Tobacco expected that the Consulate at Jordan Rad, to Miles Esther Maria da work of reconstruction would be
Laken Changsha would be re-opened next Sousa Carvalho, of 1, Cambay Build vigorously June-Rauler.
Ings, Kowloon.
Wireless.
The m.v. Silvercypress, from New York, sailed from Shanghái on the th Inalant and is expected here on the 8th instant at daylight..
DAY BY DAY NEWS IN BRIEF
LAW SHOULD DE LIKE DEATII, | The Quarry Bay School's Spring WHICH SPARES NO ONE-Montes- | Festival will be held on Wednesday, quicu.
Bfarch 28, at 11 s..
tion
up-Briital | Sears Rochuck
48 Rocony-Vacuum
poration
174 17 Southern California
Eligon
18% 19 Standard Gas and
Electric
-1314 13% Standard Oil Co. of
40% N...*** 40% Starling Products.
Inc. Stylebaker Corpora-
tion ..... Transamerica **** Torna Corporation Union Carbide and Union Pacific Rail.
Arriving in Hongkong co the se President Coolidge on March 15th, is For hawking his wares aboard tha Mins Betty Marino, the well-known steamer Fat Sinn without a licence, During the week-end two canos, of violinist and radio star. Miss Marina a young Chinese was fined $20 or two small-pox (ono imported), fiva case has been broadcasting ever Interweska prison by Mr. Balfour in ths of meningitis and one case each of mailenkt Broadcasting Co. radio `in Central Folico Court this morning America and is on a trip around the Sub-Inspector Smith sald a steamship typhoid and puerperal fever, were re- world.
-leonce état $24,
ported to the local health authorities.
Carbon ITI
ABSORBINE JR,
KILLS CONTAGIOUS GERMS OF
HONG KONG FOOT
હો.
The tiny germs. that cause the dreaded disenso Hong Kong Foot Jurk everywhore. They get un der the skin-it itches, bocomea white and tolet, cracks appear between the too. This tasty liscaro sprends quickly. Stap Hong Kong Foot at once-apply Absorbino Jr. It penetrates, lulls ti gorma and is soothing and healing.NUS TR
Absorbine Jr., for years, ha rolioved skin eruptions, Insect biten, toothaches, and paina.
Complate directions in English d Gainera with end bottle.
FREER AND EASIER
TENNIS
Whether you believe in hitting" the ball straight up into the air or in sending it whistling past your opponent's left ear, you will enjoy doing it in one of our new knitted tennis shirts. For the half-length sleeyes and the two-way collar aro gloriously free and easy, The knitted fabric is cool and absorbent, And being cut like a running vest this shirt makes none of those alarming attempts to slip out of your trousers at embarrassing moments.
COTTON — WOOL
$5.50
$7.50 Leos 10% Cash Discount.
+
MACKINTOSH'S LTD
CARPETS
ATTRACTIVE
DESIGNS AND
COLOURINGS.
Moderately Priced.
INSPECTION
INVITED.
ARTS &
CRAFTS Ltd.
Colds
Severe illnesses may develop from a simple cold. Therefore take 'ASPIRIN' immedi- ately. It relieves the cold.
BAYER
ASPIPIN