1929-06-20 — Page 8

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TO-DAY'S QUOTATIONS

NEXT SIX YEARS

PHASE OF EDUCATIVE ERA IN CHINA

On London-

Bank, wire.

KUOMINTANG MANIFESTO

..

Nanking, Yesterday.

second At the conclusion of the plenary suasion of the Central Execu- tive Committee

T.T. on London TT on Shanghai

1/11/ .$82/2

Banks

1/11 % 1/11 3/16

H.K. Bank H.K. London Reg. Chartered Bank

$1240 n

£132% n

.£19% b

Bank, on demand. Bank, 30 days' sight Bank, 4 months' sight 1/11 %

sight

On Paris. On demand Credits, 4

of the Kuomintang Credits, 4

sight yesterday a lengthy manifesta was issued outlining the Party's futur pro- Documentary 4 months* gramine during the "educative period,"

drided, which the conference should last six years, terminatig in 1935. The manifesto stresses that the nation mast be thoroughly trained in the exercise of political powers that the revolution may be really ended and the foundations of the Republic solidly ald.

Stating that the usification of China] On demand

has now been completed and the State Credits, 60 days' sight 48% burial of Dr. Sun Yat-sen hed, the manifesto goes on to say that the con- Wire. ference opened with the intention of On demand concentrating on the purely construc- tive problems confronting the nation in order to decide upon the policy of the Farty and the Government, which must be one which can be fully realised and fulfilled.

Future Programmes

After a thorough analysis, a number

Wire

Mercantile A. & B. Mercantile C.

P. & O. Bank Bank of East Asia

Insurances

£38 n

.£15.1

.£94 n

.$901⁄2 ¤

T160 b M$60

THURSDAY, JUNE 20, 1929,

LADIES, GENTLEMEN ·

and CHILDREN'S

BATHING SUITS

CAPS and SHOES.

GOOD QUALITY – MODERATELY PRICED

months'

2/-8

2/-4

11972

months'

Canton Insurance Unior Insurance North China Insurance

.$640 a .$3231⁄2 b

sight

12722

Yangtze Insuranco

On Berlin-

On demand

On New York-

China Coderwriters China Fire Insurance K.K. Fire Insurance

$2.10 8 .$300 b

JUST RECEIVED.

.$775 n

46%

Shipping

Douglases

On Bombay.

H.K. Steamboats

.9271⁄2.n

$25% B.

-129%

H.K. Tuga & Lighters.

$2.60 3

129/2

Indo-China (Pref.)

.$45 bx d.

On Calcutta

Indo-China (Def.)

$70 n

129

Shell Transports (old)..100/- n

On demand

120

Shell Transports (new)

On Singapore--

Union Water-boats

$22 n

On demand

88%

Mining

On Manila-

Benguets

$3 n

On demand

94

Kailan Mining Ad.

.85/- n

On Shanghai-

Langkats (comb.)

.T14 s

Langkats (single)

171⁄2 8

Shanghai Explorations

T2% 8

Shanghai Loans

.T428

YEE SANG FAT CO.

Raube

.$6% n

10534

Tronoh Mine's

17/6 D

Docks, Wharves, Godowns, &c.

H.K. & K. Wharves

.$124 b

(Bank's

II.K. & W. Docks

.$35 n

10.00

.$4.10 A

24 7/16

.T168 п

T5.85 b

Nominat

Nominal

T1331⁄2 b

12.85 b T2.20 b

paper).

of resolutions were adopted, the most important appertaining to (1): the pra-On demand. gress of the Kuomintang; (2) limita-130 day's sight (private tion of the length of the "educative" period; (3) popular organisations; (4) of local self-government; 32. promotion

(5) the proper exercise of the func tions of the Government and (G) the organisation and completion of the five Brian (Boards) established by organic.

Haw.

On Yokohama→→ On demand... Gold Leaf, 190 fine

(per tael) Sovereigns

buying rate! Silver (per oz.) Ber Silver in Hong

Kong commerce and Copper Cash

Policies were laid down for foreign affairs, military alairs, finante, com- munications, education, home affaire,

(STATURRESEOSANADŠIL53E3E8455625389836*griesture, mining,

G. FALCONER & CO. (HONG KONG) LTD. WATCHMAKERS & JEWELLERS DIAMOND MERCHANTS.

Union Building (Opposite G.P.O.)-

Agents for:-ADMIRALTY CHARTS, ROSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLISH SILVERWARE, direct from Manufacturers. High Class English Jewellery.

CHEAP SALE

IN FULL SWING

AT

KASHMIR SILK STORE

(Opposite Queen's Theatre)

OUR REDUCED PRICES ARE THE TALK OF THE TOWN,

We are sacrificing our profil on this occasion the opening of our New Store.

THE EXPERIENCED GLOBETROTTER

books his journey to America, or his round-the-world trip by way of

HAWAII

He spends his vacation in America's Enchanted Jaland Playground because in Hawaii he can find the golden combination of old-time native castoms and modern comforts; and he knows that cool trade winds bring eternal Spring to the Paradise Isles. May and June are the gorgeous months with towering trees gone. wild with colour.

Globe-trot to the Pacific's vacation Islands this sum- mer. Stay there long enough to enjoy the spell of all the lands: Kaud, Oaha, Mavi and Havail-

From Hella to the Coast" there are so many steamers plying that jour stop-over can be made any desired length. You can go direct to Vancouver, Scattle and Portland, San Francisco or Los Angeles on the Matson, N.Y., Canadian-Australian Dollar or Lassco lines. Remember, your paisage costs no more to tarry a few days in Hawail For coloured booklets and travel information about the islands, clip this ad- vertisement and send it to

HAWAII TOURIST BUREAU

Dept. 1.

Box 296, SHANGHAI, CHINA

The Sign of the Wie Travelle

similar economic questions, al conser-Chinese Copper Cents 6% Prem. vancy work, the suppression of bandi-Rate of Native In-

terest

7% p.a. try, the suppression of opium the or-

anisation of Tibetan and Mongolian Chinese Sub. Coin. 3034% dis. affairs in future programmet

Hong Kong Sab. Coin Par.

Revolutionary Spiril

Thus, the conference hopes to make the educative period one uf actual ac- and reconstruction, complishments making the Party in a real unse the leaders of the country.

PROMISSORY NOTE.

(Continued from. Page 1.3 Faishan firm from the defendants. Dealing with the balance sheets His Lordship said that he could not say anything was proved which should make him suspect that the

Firmly believing that all the Party members and the people throughout the country who realise the present conditions and the need for positive ac complishments will use their utmost exertions in supporting and helping to carry out the programme, the confer- ence then points out that it is urgently hook produced had been fabricated necessary that the Party should con- for the purposes of the action tinne to show its revolutionary spirit that the entries themselves and the and remove all vestiges of the old re-explanation given of them were dia- gime which encodinge count-revolu- honest. tionary activities and place obstacles in

the way of unification and reconstruc- tion.

or

A Meeting of Creditors Cheung Chope also stated that he The manifesto points out that an- received a actice calling a meeting other consideration is the attainment of creditors and signed by Ma Sau- partner of Ma of the status of quality and complete fung. admittedly freedom in the family of nations, stat-Chang-yu in the defendant firm, and ing that as long as its politial sover- by Ma Keng-ng and in the names of cignty is impaired China is unable to two of the Tong who own the Ma Pak- exercise the fullest freedom in con-long of Fatshan. In this notice the themselves as algnatories describe structive work.

shareholders of the Ma Pak Leung" and it is addressed to the Tak Cheung thm. Cheung Cho-po said that he had the notice sent to hizi but that it

in the same WAS

"Unequal Treaties"

The abolition of unequal treaties must therefore be an integral part of endeavour.. We Jour revolutionary.

should proceed with determination, using practicable methods."

terms,

At

PLEASE DON'T WASTE WATER

China Providents Hongkew's

New Engineers Shanghal Docks

Cotton Mille

Ewo Cottons

Oriental Cottona

Shanghai Cottons (old)..T70% b Shanghai Cottons (new). T33 b

Lands, Hotels & Buildings

.$62 8 .T142% b $134 b .87% b

H.K. & S. Iotels ..$8.60 a 8% sa H.K. Lands ... Shanghai Lands Humphreys Estates H.K. Realties HK. Territorials Prince's Buildings

Public Utilities

H.K. Tramways Peak Trams (old) Peak Trams (new) Star Ferrics China Lights (comb.) China Lights (old)

.$18.40

$1180 b

$&.05 n

$65 66 3

$13.90.s

[$13 sa c Rts. [$12.90 s x Rta.:

{$7.90 n Rts.

China Lights (new) China Lights 1928 issue HK. Electrics (old) $55 b 55% s. H.K. Electrics (now)

Macao Electrics HK. Telephones China Buses Singapore Tractions Singapore Pref.. Sandakan Lts.

Industrials

$263⁄4% D

....87 b

-T14% b

11/8

19/- n .82148

.80 cts. b

this

China Sugara Malabon Sugars

.$27 n

Canton Ices.

.:$2 b

Comenta (comb.)

.$7.85 b

Cements (old)

.87% 8

.$1.40.n

..$7 6

$5 b

.819

$12

The training of the people in thei exercise of the "five powers and the establishing of local self-government i are important items during the "educa- tive" stage. Without the latter it will {be difficult for the Party and the Governinen: to establish complete poli- tical demperney. The conference im- prosses upon all Party members that the promotion of self-govenment is meeting, which was presided over by Ma Sau-fun Cheung Cho po sang the most important part of their duty.that the former said: "I will get money

Constitutional Powers

from Hong Kong to pay you.'

In laying down that the "educative It is most remarkable" (said His period" shall terminate in 1995, the lordship) that Cheung Cho-po gave conference says that perhaps six years, this evidence for the fint time in the is much too short but hope that the witness box during cross-examination. whole nation realises that the one aim in view of the opinion I have formed of the present revolution la satisfac: Cheung Cho-po's truthfulness I have torily to complete the educative period no hesitation in disbelieving this belat-

that constitutional powers may allegation" ultimately he delegated to the people.

The conference, therefore, stresses

A Serious Doabt

In conclusion, His Lordship eaid:

Cements (new) H.K. Ropes (old) H.K. Ripes (new). United Asbestos

Stores, &c.

Dairy Farm Watsons.

Der A. Wings Lane, Crawfords Mackintoshs Sinceres W. Pawells

Miscellaneous H.K. Amusement: " H.K. Constructions

B. Ind. G. Bonds

.80 èts. b ..$1349 $18 b $12 b

-$291% b

$18 ..67%

H.K. Govt. Loans .7% b Prem,

the necessity of the fullest o-operation "The result on my mind is to create ROUND THE CINEMAS

between the Party and the nation.

Loyalty & Courage.

"THE WALTZ DREAM” AT

THE QUEEN'S

BASED ON OPERETTA

The Waltz Dream," which is being shown from to-day to Saturday at the Queen's Theatre, is a delightful story of Vienna before the war and deals with the romance of a Count and a cabaret girl. The film itself is built upon the world-famous operetta and the story is based upon the spirit of love, life aud laughter so delicately created by the popular waltz tunes of

In conclusion, the conference feels serious doubt as to the side to which- that the Party should not fer the mili. the weight of evidence makes the bal- tariste, nor counter-revolutionary actf.mce incline. It therefore becomes the more necessary to consider on whom vities, nor even the dangers of feudal-the burden of proof rests in these pro- ism The greatest danger is if the

wedings. The plaintiffs allege the nation shows inertia and oral lassi existence of a partnership between the tude

defendant firm and the Ma Pak-leung of Fatshan, and the onus is clearly on "it is only when Party members and the plaintifs to establish this fact, the whole nation co-operate to the for, as has already been pointed out, fullest in pushing forward with the this is not in action for holding out guidance of Party principles and show "Furthermore, it was part of the willingness to sacrifice in firm deset-plaintiff's case that Ma Chung yu was mination to complete the educative endeavouring to oust the Ma Pak- period in an orderly manner that we bung of Fatshan from the ownership shall be able to remove the sufferings of the alleged branches of that firm of the people and establish the nation Hong Krug and other places. If the master violinist, Johann Strauss. on a solid foundation this statement is correct it appears to Medy Christians, the beautiful Con- It is our hope that we all he loyal me that there should have been no liftinental film star, is the heroine, and is and courageous and present a united Sculty in joducing members or her supported by such well-known German front in the attainment of our declared sons interested in the Ma Pak-leang of stage and screen stars as Willy Fritsch, aima," says the conference Reuter. Fatahan to come and give evidence, not. Xenia Desni and Lydia Potechina, all only in support of the plaintiffs' claim well-known players with many screen but also with a view to the preserva successes to their credit. tion or recovery of their rights in the Hong Kong and other branches of the firm which Ma Chung-yu was en- deavouring to appropriate without any shadow of claim. No such witness was forthcoming

AIR DISASTER

VERDICT AT INQUEST ON VICTIMS

LINER AIRWORTHY

Lydd, Kent, Yesterday. At the inquest on the Ottawa victims, a

reached of the deaths baying

caused by drown

accidental

into the

The

"On the whole I have come to the con clusion that the plaintiffs have not made out their enes and that there must be judgment for the defendants with costa

The Order of the Court

application 201

Lordship payment t into Court by defenda

The film, doring its ran at the Queen's Theatre, will be presented with special musical accompaniment.

Beautiful sceres of Continental life together with most refreshing. technique help to make "The Waltz Dream one of the most delightful of continental productions ever Been in Hong Kong.

N. ZEALAND'S QUAKE

FOUR MORE SEVERE SHOCKS RECORDED

Wellington, Yesterday

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