NEW YORK U.S. Rubber
MARKET
STONGER
COTTON UP DOLLAR
A BALE
BULLISH PROSPECT
New York, Apr. 14. On the New York Cotlon Ex- change yesterday prices were up- ward almost a dollar a bale due to the belief that the Administration will shortly announce a lenn on the 1986 crop.
The favourable factors ruling in the market at present are:
1) Continued good automobile production, which is regarded no the best since April 1930, and (2) A markedly improved trading in
terest.
Strike Now
Impossible
LABOUR RATIFIES
AGREEMENT
AVERTED
·
LAST MINUTE
THE HONGKONG TELEGRAPH. MONDAY, APRIL 16, 1985.'
Conversion's Protecting
Big Saving
AMERICA REFUNDING LIBERTY LOAN
(Special to "Telegraph")
Washington, Apr. 14.- When recalling the Fourth Liberty Hond Issue the Secretary of the Treasury, Mr. Henry Mor genthou said; "We have now called $8,000,000,000 in Liberty Bonds which, It la fair to assume.; will effect a saving of $100,000,000 annually in interest.
Hongkong's Investors
"BEARS" CONTINUE
PRESSURE
RESTORING CONFIDENCE
We have received the following letter for publication:
has been made in the Press of
Sir-Recontly much mention
tnetics adopted by "Bears" opernt ing in the local share market.
To some interested, the state- ments attributed to a City Man, published in your valuable paper April 10, stand out na most constructive, noilernta and well-
|
RADIO BROADCAST
A Cinema Review By Silhouette
Z.E.K. PROGRAMME
From Z.B.W. on'a wavelength of 956 mátres. (845 kRocycles);
G-7 pm Hong Kong Hotel Danco Orchestra,
7 p.m. Closing Local Stock Quota- tions,
"Patiento"
7.03-7.26- p.m. Excerpts from (Gilbert and Sullivan) sung by The D'Oyly Carte Opera Company.
A Rolny from Daven- Living Dangerously." "Hongkong to Dartmouth." A personal record by Licut-Commender Martyn Sher- wood, R.N. (Retired), of a year's. adventurous voyage in the 24 ton kutch Tai Mo Shan.
Akron, April 11. The threatened strike of the rubber workers in the Goodyear, Goodrich and Firestone plants, which would have tied up one of the largest and most prosperous "Between January 3, 1934 and
7.26-7.43 p.m. A Pianoforte Recitat In addition the market was in-industries. In the United States, | April 3, 1936 the Municipal Bond
by Mischa Levitzki-1. Hungarian fluenced by imfavourable weather has been averted at the eleventh average rose 21 per cent, high
Thony No. 1x diszex a Lie cuts- reports and hedging on inflationary | hour,
grade railroad bonds 114 per cent
panella (Paganini-Liszt): 3, Sinccato Benilment.
The Federation of Labour's reutilities 12.3 per cent; Industrials
Blade (Rubinstein). Presentatives to-day ratified the 14.7 per cent, which reflects the
7.43-7.50
"A p.m.
World of reasoned comments. agreement reached by Federation | decrease in the cost of money.
Ronunce," played by Geraldo and hils letals and employers some time)
This gentleman, in.common with Sweet Music. "There is great importance nt-others, however, does not soem to 7.50-8_p.m. From the Studio. "A ogó,
Miss Frances Perkins, Secretary improvement
tached to cheap money for the have stressed what in a very im-Cinema Review" by Silhouette. for Labour, has
m. Time Signal. of industry ben setive in business.
and portant point, namely, that to
8-8.15 p.m. obtain the maximum desired try. bringing about an agreement. Unfavourable factors include:
results from the The Federation was opposing the
rule recently "In March 1934 the total cor-assed, whereby brokers are re- (1) The decline in steel produce company unions and had intended|porate refunding unwanted 10 tion; (2) The severe dust storms to Corre their abandonment by $12,600,000 and In March 1935 ex-the shares in forward sales con
quired to furnish the numbers of in some centres, which is likely to declaring trike. The curtail the retail trade of the farm
rom-ceeded $112,000,000 Meanwhile tracts, it is imperative that such leaves the interest had decreased on the averale must not be too hastily re.. districts. (B) The tendency of company unions iniset-Reuter. ngt of 145 per cent conclusively pealed, but at least. kept operative traders to withheld from making
showing that the logjan is, bro-until confidence has been restored. railroad commitments pending the Supreme Court's ruling tu the Rail-
Further, the period of enforce- Akron. April 1. read pension case.
Further Mr. Morgenthau
saidment must cover well, over the Prices were upward on the New The rubber Unions have signed that the refunding of the present forward sales made prior to the Music from ZEK. on a frequency of
time when the last contract of
p.m. Europeat Recorded York Stock Exchange yesterday, truce with the employers of the
industry thus
| $28,800,000,000 National led by ufility issties and mining
threatened strike,
rays less interest than the $20-passing of the rute has been 640 kilocycles. shares
8.30-8.56 liquidated. The Rufe, as-far as 1 The Unions have decided to hold 800,00,000 national debt in 1926 am aware, is not retrospective, and London Suite (Eric Contes),
Alusic. Bullish business predictions, to Kether with
and incidentally the calling of the a continuation The atrike in abeyance, rather than Liberty hands dures the amount the "Bear". finding that it still Gniety Echoes (Monckton). optimistic rentiment aided by the cancel it altogether, and it will of outstanding Gold Clause bonds pays him to depress the market. Old Friends-Potpourri (arr. Herman strength of silver, deapite, the fact
unless a satisfactory final
does 8o. Pressure will only be that the New York silver price was settement of the problems is to $8,708,773,850,--United Press,
relieved when he sees there is no 8.56-9.40 p.m. Variety. unchanged, gave the market a mark-renched-United Prens,
point in further hammering. Orgun Soles--Munical Conerdy Molley Hence, there la a possibility that
Sydney Gustari, the measure taken with a view to Song-Give me heart, to sing to
(Frankie and Johnny making raten sleadier will not bear fruit until some months have Humerous The Mayor
Helen Morgan, elapsed.
ed upward tendency.
of
Bond issues and steels on the Curb Exchange were nin stronger.
Uuited Press,
COTTON PROGRAMME
Atlania, Apr. 14.
Ju a speech hère fonday, Mr. Henry Wallner, the Secretary of Agriculture sald: 41, the cotton programme goes by the hoard, then the corn, wheat, tobacco and other commodity programmes will
follow the same way-United
Pyres.
CORRESPONDENCE
Police Criticised
The Editor,
.
Hongkong Telograph
Sir-On Sunday? a great many the South of us went down to China's ground, Caroline fat, for! the purpose of witnessing the
Federation and the Hongkong
| promise, apparently
TRUCE SIGNED
averting 10
DOLLAR RISES. A FARTHING
28. 2d. MARK NOW
REACHED
T
ken."
LOCAL GOLF
Debt
ADAMSON CUP AND
BOGEY POOL
In the Adamuson Cop April qualifying competition at Happy Valley, P. Morrison qualified with A further rise of a furthing inja score of 72 180-8). There were the official rate of the Hongkongwelve entries. dollar was registered on openingį
this morning, the quotation being: In the Begay (Par) Pool at the 28. 24. The niarket is quite steady,¦ Parlini Old Course during the with the business rates about #aj | work-end, 6. C. Worrall (10), who| 2.5416d. s. Hers and 2s. 2.3/8d, returned a card of one down, won. buyers.
There, were sixteen entries,
Shanghai, is also steady. The ......... pening rate was 1s. 7.5716d., and; ator there was an advance to ta. strengthened by Dr. H.-H. Kung's 7.7/id.
statement to the Press that no Immediate monetary nction IN The Hongkong-Shanghai creeplanned and that the Government) rate was 1368 opening, but is continuing to rely on the Ex- business was done later at t.
Silver in London was un-banged!
port Tax.
Later.
8.15 pm. Wenther Report. Hing Theatre (Chinese).
8.20-11 p.m. Relay from the Po
11 p.m. Close Down.
ZEK. Programme 8.30-10
Finck).
p.m. Light Orchestral
John Tilley.
The opportunity is taken here to For-Trata--Erom now on issue a warning that an early dia- | Fox-Trots-A New moon la over my
shoulder continuance of the Rule now in
Vocal--Whisperng Vocal-Ten for Two
Comedy Harmonists. Instrumental-Rockin' Chair; Georgin
on my mind; Latay Day Instrumental-Sweet Sue just
Heebie Jeebiss; I wonder where my baby is to-night?
force may cause such a reaction ns will plunge the market deeper into the mice than before that measure was introduced.
AN OBSERVER.
OPPOSING QUEZON
VETERAN PATRIOT IN THE FIELD
(Special to "Telegraph")'
Manila, April 15.
for spot on Saturday, but the fur- The foreign exchange market It is regarded as almost certain
SHANGHAI STRONG
ward quotation declined 1/16th. continues strong but is very orra-that th verteran Filipino patriot, Governor's Cup final match There was general, buying and tie with exchange rates luctus-General Aguinaldo, will be a kween Chinese Amateur Athletic
selling, and the market was steady, ting rapidly. At 10.10 am, there candidato for the Presidency were a few buyers. Quotations:gainst Senor A. Quezon. Preat
US dollars 39
»f the Senate, and prime Sterling 15. 7.7/10.
mover in the independence eam. paiya.
to the
Gold Bars $830.80.
--United Press.
Later.
dent
This was announces following the circulation of a circular bear-
In his uniform of 35 Years ngo,
you;
Harry Roy's Tiger Ragamuffins. Songs-Radio Requests
Les Allen (Baritone), Plano Duets Nola; Polly Pinno Duets-Kitten on
Russian Rag
the Keys;
Harry Boy's Famous Pianisto on two Pianos. 9.40-10 pm Song Memories. (a) Vivo la Compagnio; (b) When
Johnny comes Marching Honic Let's have a Chorus Welsh Memories Medley
The Maestros. 10 p.m. Reuter Press Bulletins. 10,05 p.m. Clone Dow
ZEESEN PROGRAMMES
This Evening's Broadcast From The German Short Wavers
Special Didgramme for Far Eastern |Halenets, will be, brøndenet from Zemson ke
follows:
SOUTH ASIA ZONE
p.m.
Football Association, and hupper- ed to witness nu incident neur
Shanghai, April 15. the entrance gate of the menders The foreign exchange market in stand, in which two police constables very strong here this morning. (Indian and Chinese) were slap- The strength is attributed to the ping and kicking an unfortunie | foreign bankers | having held a Chinese, who was caught elimbing conference with Mr. T. Y. Soong to enter the ground in order to and giving assurance
The foreign exchange marketing General Aguinaldo's portrait 19.74 metr) and 11 (31.46 metru). Join us to witness the game free Government that they will not was phenomenally strong at the together with a statenient: of charge.
ship silver, and also that they will; close of the morning session. "I am not a politician, but when The police, are quite right inoperate in discouragiur ̧ in-Nominal rates were; U.S. Dollars 1 sen that the uation seeks, as in arresting people; but slapping wad
dividual shipping.
10 1/8, Sterling 1/7 13/16. Goldthe past it has sought, my ser kicking (assaulting) when a poor
is Bars $811,00-United Press. . Įvices. I am always disposed to fellow is on the ground and not
| serve."----United-Press, resisting, is somewhat disgrang. ful. Hoping that something will be done before a really nasty incident happens.
J. WANN.
WHEAT PRICES
ADVANCE
In addition. the market
DAY BY DAY NEWS, IN BRIEF
Just As YOU ARE PLEASED AT FINDING FAULTS, YOU ARE DISPLEASED AT FINDING PERFICTIONS——Latenter,
,
of
One case each of Small-pox and Meningitis and Twe casus Diphtlechu were reported to the foen! Health authorities on.Friday,
Disobeying a deportation mader, Bal Wing was sent to prison for hime Au inquest into the death of Mr. months when he appeared before Mr. 4. A. M. Elphinstone, who died at the Wynne-dons at the Kowloon Magis Kowloon Hospital fortnight agy, a tracy this morning. Defendant, haud victim of rabies, will be conducted by two previous convictions and was Mr. E. 1. Wynne-Jones at the Kowloon banished in 1933 for ten years.
Magistracy on Wednesday nl 2.30 [ DATE
RELIEF FOR U.S. FARMER
NEW PROGRAMMES IN PREPARATION
Washington, April 14. New radical Form relief pro- grammes are appearing, involving the expendiltre of $10,000,000,000.
The purpose Appearing before Mr. Macfadyen a grammes is apparently headed to- of these pro- day, on being suspected of being rabid yip Tin, aged, ühemployed, was Burdick Bill for the cancellation
district ཨྠ་ཊཱཎཱ⌘34+t - the Central Magistracy this morning.
[wards the discarding of the was seat to the bacteriologist for charged with stealing a radiator enp yesterday due to additional re-amination. The owner of the dog from motor van No. 3263, the property of farm debts and the Frazier
CHICAGO MARKET
STRONGER.
Chicago, April 31.
Wheat prices upward herr
Th
CARCASE
ቦ 'chow doy shot 19 the police in
Shatunkol
the
not known, but it is belleved that the
poris from the south-west of dust storms and damage to the crops, dog had come from Chinese territory, Road on Saturday, Defendant plead farm debts.
A black chow dog, which was founded guilty and was sentenced to six Bear the curense, was sent to Ma Tani weeks Rak for observation.
of Lane, Crawford, Ltd., at Wanchai Lemke Bill for the relaucing of
The market advanced despite heavy proft-taking,
Operations were mostly pro- fessional.-United Press,
MANILA STOCK
EXCHANGE
Three men, charged before Mr. Wynne-Jones at the Kowloon Magise
It is therefore expected that the hard Jabeur. Detective-present
Congress will ultimately Sergrant Fowlie appeared for the prosecution.
enact some of the conservative farm relief programme which does not involve inflation potentialitics. Tracy this morning with trespassing Leung Sing, 60, pleaded guilty be Such
programme, It is at the Shanshuipo Military Camp, fere Mr. Wynne-dones at the Kowloon thought, will include chiefly the were bound over. It was stated by Pri Magistrues this morning to a charge extension of the Agricultural Ad- vate Barrett, of the East Lancashire of assaulting Leung Ruen, 34, with
Administration, the Regiment, that they appeared to have chopper. Detective-Sergeant Dow-stment lost their way and were looking about, a Bid the quarrel arose over fire. Farm Credit Administration andi A fourth Chinese, who won stated to wooth The complainant pushed the the Bankhead Act-United Press. have ridden a bicycle on the camp
defendant, who it was alleged, re- hockey field, was also 'bound over. taliated with n chopper: "I was ILU
Mak Wai, aged 48, a bricklayer, away",
PHILIPPINE GOLD SHARE QUOTATIONS
To-day's quotations na received by Messrs. Swan, Culbertson and was bound over in a sunt of $20 to lo
Pele Pewise
Prien Price
Tagala Gold Mining 0.29
In P
of good behaviour for six months,
match for him and 1, còubl not
run Bald the defendant. Both parties were bound over.
Sentence
of one month's hard
POLICIES DIFFER
South Asia Zone, kitos/trast from D3H,
4.45 p.m. DB, DIN Announcement (Germ.. Engl) German Folk Hong, Pros Renesme Forecast (Derma Engl.) Share Mules Programme. 3.33 p.m. From Public Life: German Bathe
ing Resaris and Watering Places In the 1921 Season. A Report by Buderreferent Berndt of the Helen-athfing Tomarts Union and Karlmekter Bestmann
5.10 p.m. News In Engla 5.44 p.m. Der All the 110g Brand, A Walk through the Capital of 2 ch.
0,30 m, Beresinden king and played,
(Gramophone Bodieskaum),
4,45 rum,
7 1.6 6 p.m.
News In Gerinan.
Concert of Eight Moale. News In Fortish,
8.15 p.m. Close down. 238, DJN (Gem,
Engli
EAST ASIA ZON
Fast Ain Zane broalcast through DIA on'
metres, Brut IJN (31.45 metres)
B1.3
9 p.. JA, IN Annorament (Germ
9.15 p.m.
Righ German Falk Kong. 1'ro- gramme Pararast (Germ. Engl.) Young Folks' Programme: Bonge by the Gremau Girte' League. #45 pm. News In Engbak an DJA and
In Dutch on DIN. 15 m.in. Hymphony Cuneert. Vino Concerto
in C plove by Feliz Ileandi. Symphony No. 3 in P mukjor by Joh. Ifrahms, Bololat: Erich Kožin De Platarmonic Orchestra). Conductor
Werner
tichter- Bichhelin.
11.15 p.m. News in Gerican on DJA and
DJN.
111,39 p.m. **Kilgrania" Scones from, the Eberhard V. Wieso's Innsburg Dary. With Tunis on the "Saikit- tekna zelamo, " 11.15 am. New in English on DIATM and
in Dutel un DJN. 17.39 4.m. Close down USA, DJN (Germ.,
Engl.)
Today's Broadcasting From
DAVENTRY PROGRAMMES
To-day's Broadcasting From Four Transmissions
The following were-lengths and frequencin are observed by Daventry, Call,Sign "Frequency
$.450 k..
Wavelength
...TO k... $1.54 zatres 2,585 c. 31.30 strea
GSA
280
GBC
GRO
11,750
21.11
Washington, Apr. 14.
CHE
11.$45 k..
26.78 meires
GAF
GAU
15.140 k.c. 19.82 ices 17,700 ke. 19.80 Heires
21,470
G81
OSI
It is believed by some, observera
Fritz akortly after the close of when he appeared before Mr. Mac- the morning session of the Manila fadyen at the Central Magistracy this labour was imposed by Mr. Schofield, here. that the Administration's Stock Exchange are as follows-morning, on a charge of assaulting at the Central Magistracy this
Asked Bid Batra Valumne Kwong Choung, a widow, in Mereer morning, on Chan Yee, unemployed, omnibus Banking Bill, including Street on Friday. Inspector A. W. who pleaded guilty charge of Government control of the Federal Antamok elds +0,01 9.00 0.91 8500 Smith haid defendant was arrested as stealing a gunny suck, a pair of pilers Reserve, may be jeopardised owing Benguet Consolidated 12.10 12.00 12.10 1000 ant made at the Central Police Sintion. No. 7 Cadugan Street. Defendant was between Treasury officials and the 3.29 0.20 10000 the result of a report which complain- and a quantity of rubber hose from to the growing differences arising 0.18 0.09 0.09 2006 Complainant alleged that she was arrested by an Indian constable carry hends of several emergency credit
carrying two baskets of debris ining the stolen articles, but could not agencies,
together with the 1000 Mercer Street, on Friday, and she ask-] give an explanation. Defendant was
aside. He under a bond of $50, and this was Governor of the Federal Reserva abused her and assaulted her, with enforced, in default, another month's Beard, Mr. Marriner's. Eccles, who two ethors who were not arrested, hard labour.
favours the Bill:—United Press..
Gold rur
Ipa Cokt aller
Tugon Minter Co.
Batacut Mining Co.
Burne Convalidated
United Paracaly
1,10 1,00 1.00 1000 0.45 0.35
9.18 0.18 0.10 0.30
0.10 0,20 0.31 0.32
1000
1000
ed dofendant to stop
a. C. Gold abur Index 73.5. Market
Blends. Volume Desos 75,000.
kt. 13.97 11,360' ke. 39.50 Autom
10 k..
17.02 metres Transmleston 5
(0.5.C. and G.8.A.),
7.m. Di tan, A Relgious Bervice.
7.45 mm. A Reelts by Canadian Artisis. Greenwich Time Bignal at 13 Midnight.
045 & Workly Newstatier and Sporti
Budmery.
15 am. Close down.
Transmission 2.
(0.8F; and 0.80)
7 p.m. lg Ben, Organ Recital by W.
(Continued on Pago 5.)
NEW
Mackintoshs
DESIGNS
CHEVROLET
IN
WASHING
TIES
made
from
Cotton, Linen and
Fancy poplin
LOOK WELL
WASH
WELL WEAR WELL The best tic for Summer
From
wear
75 cts. cach."
Less 10% rash discount.
MEN'S WEAR SPECIALISTS
THE STANDARD SIX COACH
FULL BIG CAR COMFORT AND CONVENIENCE
CHARACTERIZE THE COACH.
Amongst its features are extra roominess and adjustable driver's scat. The Fisher No-Draft Ventilation and screened cowl ventilator protect health and promote comfort in all weather. The low operation cost and upkeep combine to make the Chevrolet Standard Six Coach a particularly sound investment.
COMPLETE WITH SPARE TYRE AND TUBE AND STANDARD FACTORY EQUIPMENT HK$1710 NETT CASH.
FAR EAST MOTORS
Instal a
26, Nathan Road, Kowloon.
Telephone 59101.
GAS GEYSER
and be sure of
HOT WATER at any time
MONTHLY
HIRE
$1.10
HONG KONG & CHINA GAS CO., LTD. 1
Showrooms-Gloucester Bldg.
& 246, Nathan Road, Kowloon.
Telephone 28181,