THE HONGKONG
TELEGRAPH. ' THURSDAY, SEPTEMBER 13, 1934.
TEXTILE STRIKE WAR: SAYLESVILLE RIOTS
NEW YORK STOCK CAR HOLD-UP ON
EXCHANGE
- MARKET DULL YESTERDAY
The following reports on the New
York stock market have
been re-
ceived through Messra, Swan, Culbert son & Fritz: The Wall Street Journ-)
ISLAND ROAD.
CHINESE SOLDIER'S
STORY
Liu Sang, Chinese soldier, convicted by Mr. Hamilton, thin charge of assault
al report on yesterday's markets; morning on a
on
Stocks were firmer, due to a slight with violence on Kwong Llu, a rain in steel operations. The market, public car driver, in Island Road however, was very dull, with Traders halding aloof, apparently pending the on August 25, was sentenced to announcement of new marginal reaix months' hard labour. guiroments, Honds were depressed, In United
anic that Complainant featured by the slump
Thene IRALICA. States Government insucs declined as much on August 25 at about twelve mid- point, with several touching, new night two men balled his ear in low levels due to the reported din Des Voeux Road, Central, and appointing response to the Govern- naked him to drive to Aberdeen. ment's recent conversion offer, plus They stopped a short while in the reported withdrawal of Treasury support. Stocks on the Curb Ex- Aberdeen, and thien they naked change were irregular. Whest prices him to drive them round the the drive they wore downward, due to the Canadian laland. During
crop being estimated at 277,000,000 asked him about his daily carn- bushels, compared with 270,000,000 ings. Defendant was seated in tushola Inst year.
the back of the car, while the other man sut beside him.
S. C. & F. New York office cablex: The stock market was again dull and featureless, with publle interest small. The weakness of Federal bonds, which
After passing Stanley, the min
impeles the Treasury refunding plan, beside him asked for a cigarette in ascribed to inflationary implien and
Liona
a match, und asked him to Maine of the
elections. stop the car while he lit the cl- Washington is silent about the moneygarette. He did ao, and then de question.
Plana regarding the refendant seized hold of his acck struggled, organisation of the NRA are in pro- from behind. They
Business news is colourfers.
Kress.
A Stock Exchange sent was sold for and he kicked defendant, who was $70,008, n decline of $2,000 from the hung out of the ear through the previous price. The Detroit Ellison's open door. The other man then bim, and earnings for the 12 months ended tried to overpower August 31 totalled $5.50 per share, during the struggle the car began again $4.00 per share the previous to slide down the hill. He shouted 12 months. The New York Central
at the same time foll reports u loss of $1,211,000 in July, out, and against a profit of $1,253,080 in July out of the car through the open last year. Chrysler Motor's ship door himself. He picked himself ments during the first eight months up and ran away, and heard a totalled 187,800 esara and trucks. noise as of the car being started. against 330,000 during the corres- He reached Tytam Villas and ponding period of last year, Chevrolet Motor Company's August asked permission of a man there output was
any to use the telephone. He then saw the largest for similar month in the past five years, the defendant running towards The Air Restuction has declared an him, and arrested him. extra dividend of $1.50 per share.
The
The Baldwin Locomotive Works' Defendant said he had arrived August bookings totalled $1,940,008,by steamer the day previous, and against $1,051,000 in August last was sitting at Hake Pier when he year and unfilled orders on August
was approached by a man he didi
31 amounted to $9,661,000. The Continental Can Co. has declared not know. This man asked him 50% stock dividend. Electric output to go with him and make some went. When he fell was up 1.10% for the week ended money. He September 8. The Federal Re out of the ear he struck his head serve Board reports a greater than on the rondway, and lost his seasonal gain
August | Menses. He had no the
intention of Department Store sale. Business robbing the complains at
before
In
or shipment and a trifle easier for Ainer. Can forward. The concensus of bruker-Amner. Sinelling & Ref. nge opinion was bullish. News from Amer. Tel & Tel.
done: 480,000.
New York and Chicago commodity ho met the other mua, reports received through Messrs.
Swan, Culbertson & Fritz:
Cotton: The strike situation re- 20 Raila
31.21
34.57
mains unchanged. The Government 26 Vulitive
19.58
10,60
weekly weather report is slightly bet-110 Bonda
91.71
01.30
estimated that consumption of
ter than had been expected. It is 11-Comwudity Index 63,24
62.79
American cotton during August total-
18 Lending Stocks.
ted 415,000 bales. "Spot" houses were!
sellers. The basis was strong for!
Sept. 12,
904
34%
123.....
40
XA
10%
2842
8
44%
19
20%
13%
06%
1.f
31
Was
the-first-strike conference is not Auburn. favourable, but the talk of govern- J.L. Case ment concession in the processing Du Pont
Elec. Bond & Share tax is encouraging.
Grain: The market
dall. General Motors strong. Int. Tel. & Tel. The cash position continues The Canadian Government whens en Meintyre Porcupine timate of 277,304,000 bushele was Muntgomery Ward slightly higher than had been ex- Nat, Distillers pected.
N.Y. Central Socony-Vacuum Union Pheifle United Aircraft
S. Steel Westinghouse E. & M.
Rubber: The market was feature- lens, but the undertone was steady. Dow-Jones Averages:
Sept. 11 Sept. 12
80.20 89.62
30 Industrial
One of the worst strike riots to occur in the United Statex. took place yesterday at Saylesville. Picture shows a typical strike scene, with strikers hurling missilos at the police.
PEACE SCHEMES SHATTERED
UNION WITHDRAWS FROM MEDIATION BOARD
SCORES OF GUARDS IN HOSPITAL
WASHINGTON, SEPT. 12.
OVER A HUNDRED AND FIFTY POLICE OFFICERS AND MEMBERS OF THE NATIONAL GUARD ARE RECEIVING HOSPITAL TREAT- MENT FOLLOWING ONE OF THE MOST DESPER- ATE STRIKE COMBATS IN RECENT AMERICAN INDUSTRIAL TURBULENCE.
The origin of the affair was a renewed attack on the mills at Saylesville in Rhode Island, where ugly rioting continued all day and where three rioters were These casualties must shot and seriously wounded. have been tremendously higher, but the police and mili- tary guards have withheld fire with exemplary discipline,
EMPLOYERS IGNORE TIME-LIMIT
prepare
Prospects of a settlement of the strike leaders to tighten their lines for ॥ stubborn textile industry strike are marked-and
The Mediation Board have their arbitration Mr. German, chairman of the abandoned Strike Committee, issued a state-jefforts. Their attempts to secure understanding wore com. ment to-day, declaring: Peace is an denied us. We must face the plicated at once by the withdrawal management in the field of conflict, of the Union representatives after the expiry of yesterday's time- Me. Gorman has instructed all limit-which they set for the employers to assent to arbitration as the Union had done.
ly receding in consequence of struggle, events.
TIGHTENING LINES.
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SAYLESVILLE RIOT.
The shooting at Saylesville came after the National Guards had had an extremely gruelling time and a volley was ordered at a critical moment.
The Guards were then faced by a crowd of five thousand textile atrikers and their sympathisers, including women and children.
The crowd attacked viciously, hurling pieces of gravestones, flower-pots, and rocks at the Guards, forcing them to take refuge behind barbed wire barri- eades.
NINE SHOT.
Altogether nine persona, includ- ing a 73-year-old woman, have been shot in the past three days at Saylesville, where a state of martial law virtually prevails and where one hundred and fifty guardsmen and police are being! treated at an emergency field' hospital.
The situation in the south also continues to be very tense. The strikers throughout the country have been grently encouraged by. statement issued by Mr. William II. Green, President of the Ameri- ean Federation of Labour, an- nouncing that suciont pledges liave been received from other International unions to meet the present needs for financing the textile strike--Reutdr.
BANK FOUNDATION STONELAYING
Good progress is being made with the construction of the now premises of the Hongkong and Shanghal Bank. The foundation stone Is to be laid on October 17. The ceremony will be performed by His Excellency the Governor.
COMPLICATIONS IN A LEASE
P.W.D., APPLICATION IN COURT
An' application for the closure of Nos. 38 and 40 Queen's Rond Central, where the roof collapsed a few days ago, was made by Mr., C. B. Robertson, of the Public) Works Department, before Mr. Hamilton, at the Central Mngis- tracy this morning.
The order was taken out against: Kam Man-hing, sub-leazeo of the Mr. W. K. promises, for whom Robinson, of Mesura. Teo & Hodgson appeared.
Mr. Robinson said his client was not the owner. Rant was paid to Mesara. A. S. Watson & Company.
Mr. Robertson said that notice had been served on A S. Watson & Company, but it was returned through Messrs. Deacons, saying they had nothing to do with the premises.
Mr. Robinson said they were served with a notice on July 13 ordering them to pull down the fifth and sixth storeys, and make good the remaining portions of the premises, They were quite that, but had no willing to do authority to pull down the whole premises.
Mr. Robertson said the build- Ings were dangerous. Only two days ago the roof collapsed. De- fendant was drawing the rents on behalf of some of the occupants. that Mr. Robinson explained the Crown Issued a Crown lease to Henry Richard Marsh in 1885. He gave 21 sub-lense to J. D. Humphreys, who assigned to A. S. Watson & Company, and then eventually it came into the hands of his client. But Mr. Marsh, after he made the sub- loase, gave his original lease to trustees upon certain trust. They were the people who held it from) bo the first to be served with the the Crown, and accordingly should notice. If they could not be served, the next in order, Mesers, Watson & Company, should be served, and if they could not be served then his client. Messrs. Watson & Company were more able than his client, because they received rente. He thought it would be all right if his client were to com- ply with the original notice, and under those circumstances. there would be no need for the present application.
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INSPECTION CORDIALLY INVITED
Members of the European Y.M.C.A.A.R. Hos won the Ladies” and Gentle-
Mr. Hamilton adjourned the spent an enjoyable evening, in the men's prize for Bridge, Miss Brown were successful at Whist, while Birs: very the first Games Night of the season Searle and Mr. Omar won the Mah hearing for Saturday morning. West Lounge on Tuesday night, when and Messrs. G. Fowler and Clarke remarking that it was
was held. Miss S. Haynes and Mr. Jongs prizes. complicated case,
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