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The

Hongkong Telegraph.

SATURDAY, Nov. 24, 1934,

THE LOCAL SHARE

MARKET

TELEGRAPH.

SATURDAY, NOVEMBER 24, 1934.

NOTES OF THE DAY MR. PEPYS IN HONGKONG BULLS AND INNERS.

SOMEBODY BLUNDERED

his marke

.

R. Japanese Harpenden's and all of us to my office which is indeed u Some of the "Flame of the

口口 Nov. 16th-This day up very Lion", which in its day had a great From a local monu: "Egyption It seems that the Christian betimes and to my office, where I ain vogue. And I must make enquiry Science Monitor on November 21 somewhat better pleased with the of it from my friend. Professor Curry". Oh! Mummy! reported Admiral Viscount Saito nas ordering of matters, but all is you Simpson, in due course. Up later having criticised the Japanese very squalid. Still, I trust that I and having trimmed myself and

If the later closing hours for Jingolata and as having said that ball amendo it presently, if my broken my fast, to my garden, where the London naval conference "must powers of apenche do romain unto there are many things to be order hotels are followed by earlier succeed" for the pence of the world. me. I did take my huncheon in you, and much culling of radishes The Hongkong Telegraph received office and an mighty pleased with and beans, which last do eat exceed opening hours at the offices, our "Mr. my now provisioner who cooks me ing tender. Reading over the fire young bloods won't need to bother A message to the effect that- Snite" had made these criticisms as fine a steak as I have ate these very pleasantly in the evening and nonut going home for breakfast. and pronouncements, and since the many days; and I do trust he keeps su to bed.

D O Back home to Sir Nov. 19th-Up very betimes and message came from Washington it was concluded that the Ambassador there, Mr. 11. Salto, writing our Christmas mail, nu mighty long tripp, taking me nigh Forest" trees are to be sacrificed. was responsible. According to somewhat and at heart that we do upon fifty minutes. And when subsequent mesanges, Admiral Salto leave him on the morrow, having there, followed my business close all at Repulse Bay. What a flaming' denies the whole of the Christian had such good cheer of his company day, eating my huncheon' In my shame!

office and there reading the newes Science Monitor's story, declaring these two weeks. that he never authorised His publica-

Nov. 17th-Up very betimes and sheetce. I see that the man who tion and that it does not represent after trimming myself, I do pack did with his own proper hand alay his vlowa. In these columns We my geare for my boy to take, with Fung Is sent to knol for life in paid a compliment to Mr. Saite for that of my wife's, to our new house, Shanghai, which I sth minded ho cerning the meat suitable breeds of what we considered a courageous into which we do this day make our doth richly deserve. In Europe dogs in Hongkong. For the Penk, and timely comment on the naval first entry, it having until now been there is mighty trouble over this Pekinese. For Kowloon, Pomeran

(Bittera). For the lower situation. Since the statements in the hands of the repairers and question of the plebiscite in the tana were never attributed to Admiral electrickal experts. Then to the Saar and I am troubled over it: levels, Poodle (Fakers). Salto by the Telegraph we have no office of the Master of the King's for It doth appear to me that there apology to make to that statesman, Poster, to send off my Mail with is as much potentiality of trouble but we must retract the kind words my own hand, and thereafter to my naked rush-light in a gunpowder

In it as when one doth carry we and of the Japanese Ambra- | office. And in crossing the Har andor at Washington.

OPIUM TRAFFIC

A man

of

A correspondent enquires con-

".

The lateat in women's headgear is said to be in the form of a fire-

Beret the Hatchet. man's axe.

☐ ☐

ם

That high diver certainly knew

Anti-Cyclone thought that the three maroons were tit-bits for the airman who flew over Hongkong by night recently.

bour I see that there are still a magazine. In China it seems that many forrayne ships here, it being every day there is a now victory na I learn a flotilla from Amerique, over the Communists and I To my office but Lord! I am made somewhat at a stonde to know where

Last week's attempt by "The to get off my motor hackney when they do find so many Communists Mr. Victor Hoo, China's Ambasata stende whether to be, vext at the

I am short of my turning, and am to slay, as they total now more than

whole population of Chinal Bosun" to "Beat the Book" muet sador to Switzerland, speaking to this pleased that the day before But I doubt not they have at least have referred to dock golf. the League of Nations Opium Com-I did ehouse them of five cents, Ilain some of them, and the more

D the better, mittee, pointed to the fact that going all my journey upon a tr Chinn was doing her level best to cent billet. Yet, an

Nov. 20th-This day at the

It is said that a large number of prevent narcotic trallicking within honour, I am minded that I should Clubbe I do meet Mr. Povey who coolies make a good living searching

speaks very high of "Merrie Eng her borders and that much progress at the matter, in order, unless and which has lately been aung, refuse on the harbour front. Bln had been made in the work of indeed their negligence absolves me. in concert form, by, the Philharmoney! suppression. Mr. Hoo added, how.I had intended this day to leave my monic Society. And I am set in ever, that China was fared with an offer very betimes but though my the opinioun that they were mighty insurmountable obstacle in control- actual business was soon done, I was ling this illicit trade because of the constrained to waite awhyle-to well advised so to put it forward. inadequate punishment meted out read certain papers, and so I only For to my mind they have not the to offenders in Chinese leased ter- do reach the Clubbe at one of the combined skill of acting and munick how to throw his weight about. ritories. or in concessions where lock, where I find a large crowd that is required for the production forelyn Powers administered af- in the Snake Pit, and there take of Light Opern. This day in the fairs. It was a pulite way of tell- my muncheon with Sir R. Harpen- newes shcote I find a mighty ignor- Ing the League that without inter-den, his Lady, and my wife, and ant letter from one who styles him national co-operation In China, the another Lady. But Lord! to

self "Junius" yet can do no better see than to uplum trafficking problem could not what a strait a Jumble Sale doth Shakespeare, which indeed is a very confound Milton with be fairly tackled by the Nanking reduce A woman, it was Government. There is another dif- Later we all part, my wife to some that Mr. 1, Novelle did In truth a pity!naughty thing. Yet I am minded Many explanations have been cited recently for the continued culty, too. Though China mas, shopping, which do put me sadly in make the misquotation. I read, state of depression prevailing in eivably, restrict the planting of fear of my substance, and I to the too, that Admiral Rurd die

poppy, she will still be sur Races, not being intent upon wager-large strait that doth divide the the local share market. The rounded by territories position is in some respects chief industries is the productiehoeing, but being desirous of seeing Antarctic Continent, which indeed

production of the Griffins Leger, which did scem puzzling, since, whilst there is aplum. And always there will be very open.

And it was a most ex-y be so. But it comes into my an abundance of idle money in traffic through Chinese territory as cellently run race on the part of mind that the first man to lay this

A Peak gardener confessed the the Colony, there is unquestion- this business. It is too much to he did know what his pony couldafter him, Mr. J. Vernel Driving other night that he hadn't seen his.. Long as her neighbours carry on Mr. Deitz, for it became clear that down was Edgar Allan Poe, and ably a decided disinclination on

expect that China, alone can put do, and did cause him to do it up the Peake this night at about garden for several weeks. That's

seven of the clock with Sir R. in share transactions. This is territory which she herself ndhut the mud did stop the Solder tights do all goo out, and we Inter the case as much in regard to ministers.

of winning the Derby. Home after see an aeroplane come over, which investment stocks as in respect

the Race, and a few courtesies, the electrick searchlights do plck This is said to be a bad year for of the more speculative issues.

mecting, as I did, many pretty well-up at once and hold, for all that lettuce. We must consult R. Abbit, Whilst no-one having any regard

carriaged women. But Lord! What he did have a silencer upon his apother and running about to to the financial morality of the

□ 1 am told truth. Played engine, Colony would desire to witness a One of the Lengue of Nations order my genre at home! Yet has at contrackt Inter with Sir R. and

Thuse scientista who have revival of wild speculation of the difliculties which will have to be my wife brought all into very good others and did lose many doring to

order, and I do perceive that the type which had such disastrous considered soon is the problem of house will be mighty handsome though I do admit that I am short sea water might now turn their my greatest possible dieontent, succeeded in extracting gold from results some eight or nine years

ite Anancial upkeep if it is to ago, it is to be deplored that the function as expected. There are when all is done, and my pictures of practice at the game and do play energien to extracting some from

only twelve countries of a member.hanged. And I do confess the ar- somewhat lll at times. market has fallen into its present ship of fifty-seven that have paid rangement of all-likes-me-well- Nov. 21st, sec-in-the-ng- condition, with the consequence up their subscriptions. Altogther

Nov: 18th.(Lord's Day): Read-sheete that there is the olde trouble that many of the quotations bear no true relation to the real value

Lke

☐ = We are of the opinion that those cyclists should be compelled to take out pedallers licences,

= ଘ

the part of the public to indulge un end to the traffic even in the And it seemeth to me that naught Harpenden, all of a sudden the road the worst of those big marrows,

of stocks. Aside from other

LEAGUE FINANCES

the bankers,

ם

O

A local resident who had a dip

rocently A baby elephant was League finances have gone behind ing this day in the newes sheete over the French Military Budget," to the tune of 37,488,783 franca, before I do arise, I fearn that Mrs. the French claiming that Germany transported by plane from Paris Germany and Japan at the time of R. Hargreaves is dead, she being doth Increase her military strength to London. No extra charge was factors, there is no doubt what-

their withdrawal from the League the prototype of the character Alice 'out of reason. And God knows made for its trunk. ever there is at present an all membership owed 2,404,000 and in Mr. L. Carroll's book of Alice what shall come of it.

Nov. 22nd. This day my partner most entire lack of confidence in Chinn owes 7,767,000 francs. The suppose, in the greatest of child's takes over my papers and I do make 1,825,000 gold francs respectively in Wonderland. And this, as 1 ithe local exchanges, proving paid on countries In the League clussies, if I may use the phrase, holiday. Very busy all day in the harmful not only to the brokers membership are Canada, Denmark, and in his genius Mr. Carroll, or garden and do eat a mighty good in a New Territory river the themselves, but also resulting in Spain, India. Luxemburg. Mexico, Mr. Dodgson, (as I should more salad of my own growing for my other day found the water bitterly the depression of share quota- Norway, the Netherlands, Portu- rightly say), is the spiritual father nuncheon. This night I am much cold. Old Man) Shiver? tions consequent on

gal, Sweden, Switzerland

of auch writers as Mr. K. Grahame, disturbed by an aeroplane which the ex- Turkey. At the moment Great who, hs. I believe, did write "The doth roar over the Peake both Britain is in arrears in payments Winde in the Willows" and also of before and after dinner. And I do Investing public. One of the in the tune of 1,000,597 franca, but Mr. A. Milne, Mistress It. Fileman refer the pilot to Ordinance number for droughts, earthquakes and reasons for this stufe of affairs presumably this will be paid short- und many others. And in speaking forty of 1932, in that he stands in volcanic eruptions. Nowadays IU's is, as a correspondent recently. The League faces the posal of this with my wife we are both grave peril, if he doth disturb my more fashionable to attribute them Communists or munition- pointed out in the columns Blity of having to reduce its acti- at a stonde to recall the name of tranquillity of nights, Writing in to of શ contemporary. that vities because of lack of sufficient him who did write "Sir Tondy my diary and so to bed, sharcbrokers in Hongkong are funds. The reason there are so able, for their own account, many defaulting members сап

cessive caution shown by the

and

hardly be due altogether to the financial difficulties of the coun- trica concerned. Some new allip existence of an international or ganisation for the preservation of world peace.

to buy or sell from or to a client without disclosing the fact that they are principals as well must be given for the continued brokers. As was pertinently remarked by the correspondent quoted, this situation places the public in a very unfair and highly dangorous position. Whether certain brokers do or do not take [reforms concerning the activities undue advantage of their dual of the exchanges were mooted, role, the fact remains that the affecting, amongst other things, public has, except in respect of the large number of "touts" 11 few thoroughly reputable then employed by brokers, as members of the exchanges, very well as the matter of margins on little trust in the sharebroking forward deals. Some of these fraternity. So long 08 this were actually put in force; it feeling is prevalent, it is futile would be interesting to know to expect improved conditions whether they are still effective. on the market. The question of Whatever the actual facts are the broker's dual role is im- at the moment, it should be portant, and it raises an issue apparent to the officials of the which might well engage the exchanges, that they as well as serious attention of the com-the public have everything to Imittees of both local exchanges. gain from a determined attempt It is, we believe, altogether con- to place matters on a sound and trary to Home practice for a healthy basis. The public needs member of a stock exchange to reassurance. It wants to feel; uct as jobber as well as broker, that it can enter the market with and there is no adeguate reason a knowledge that thedaily that we can see why conditions quotations are a true reflex of should be otherwise here, Ashare values and that there is no broker's proper role is that of a possible danger of, market mani- medium between buyer and pulation. The matter is largely seller; he should have no other in the hands of the brokers [function. There are other themselves. They will be wise issues involved in the present if they act courageously by

LANE, CRAWFORD, LTD. state of affairs, also deserving of instituting such changes as are

Phone 28151-

Six Lines.

attention. At the time of the necessary to bring about a better Jerash in 1925, all manner of 'state of affairs.

"Now he won't be home all afternoon and I wanted him to clean-out-the-garage,"

Radio waves used to be blamed

makers.

Upton Sinclair's emblèm during the California campaign was the bee. He probably lost because eloctors were afraid they'd get atung.

A temperance fanatic wants the fetter "" tattooed on the hand of every habitual. drunkard. Would it stand for "Horrible Ex- ample" or "Have Ono on Mo"? ·

A Kowloon resident recently bought a young dog for $25, and it immediately chewed up a fur coat worth $200. Showing it's not the initial cost, but the pup- keep that counts..

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The Turkish Government has settled U.S. war claims by paying $1,500,000. Maybe Americans won't now roast turkey on Thanks- giving Day...

A unique apparatus permits. speaches to be hoard in four different languages: at the same time at the League of Nations Assembly and with four different meanings, as usual."

The Now Deal in America has cost. $1,000,000,000 since July. It the Government reduced the igurá to $999,999.99, womenfolk: might feel that it was cheap,lat - the price...

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