1933-02-03 — Page 1

The

new

BEDFORD

TRUCK

THE

HONG KONG HOTEL

CARAGE..

LARGE-SCALE

U.S. COTTON

PRICES SHOW

BIG DECLINE

Adverse Effect On Yarn Trade.

RESTRICTED PRODUCTION

POSSIBLE.

Manchester, To-day.

Since the beginning of the year there has been an almost continuous decline in American cotton prices. Yesterday's quotation was 4.93D. for middling cotton 'which is the lowest price since August 8.

The movement is adversely affec- ting the yarn cloth trade and buy- ers are holding aloof, as little con- fidence in current values is main- tained.

Unless the demand improves speedily, producers, expect to be compelled to restrict production.- Reuter.

FRENCH SHIPPING INSURANCES

London' Market Again Issues Policies.

DIFFERENCES SETTLED.

London, Yesterday,

The insurances on 24 large vessels owned by the Messa. geries Maritimes were return. ed on the London market yes- terday.

The dollar, on demand, closed

to-day at 1/8 14.

Supreme

FINAK EDITION

Libr

China Mail

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

Ext, 1845.

No. 28,331

HONG KONG, FRIDAY, FEBRUARY 3, 1933.

Est. 1845.

PRICE $3.00 Per Month.

RELIABILITY... LONG MILEAGE... SAFETY...

DUNLOP

The World's Best Tyras'

JAPANESE ATTACK EXPECTED WITHIN A FEW DAYS

The Amateur Photographer with the professional. style. The young photographer and the "sta dy" both do their best to make a good picture. (8. & G.)

BRITAIN'S HOPEFUL

OUTLOOK

“GRADUAL RETURN TO PROSPERITY"

M.C.C. REPLY

ON LEG THEORY

CONTROVERSY

Fourth Test Still Uncertain.

DISSATISHED WITH REFLECTION

ON SPORTSMANSHIP.

London, To-day.

The fourth Test match between England and Australia, which should commencet Brlabane a week to-day, is still jeopardised by the leg-theory controversy.

The following Is the M.C.C cable to the Australian Board of Control: "We, the Committee of the Marylebone Cricket Club, note

with pleasure that you do not con- aider it necessary to cancel the re-. mainder of the programme, and that you are postponing the whole of the lame involved until after the present tour has been complet

cd.

"May to accept this as a clear in dication that the good sportsman ship of our team is not in question? “We are sure you will appreciate. how imposible it would be to play any Test Match in the apfelt we all dealre unless both sides are satis-

MR. RUNCIMAN SEES RETURN TO FULL fled that there a no reflection on

TRADE WITH INDĨA.

London, Te-day.

There are bright signs for British industry, according to Mr. Walter Runciman, President of the Board of Trade, who, in survey. ing the world situation in a speech at the St. Ives Chamber of Com- merce dinner look no gloomy view of the position. He said there would be a gradual return to prosperity, and "If we are prepared to be enterprising as well as patient the future of Britain is assured."

In view of the serious claims on the Insurance Markets in recent years in respect of fires on French liners, business men are gratified The anti-British boycott had! that British underwriters are

ended in India and arrangements ANGLO-AMERICAN

again ready to provide insurance had been made which ought to on acceptable terms.

lead to a great expansion of traf-

The differences which arose be- fic with India. He had great tween the shipping management hopes that during the next two or and the underwriters when the in- three years the volume of trade surances on the Messageries Mari-with India would return to its times fleet recently became due for former level. renewal, have now been bridged and have resulted in the insur- anées again being placed on the Paris and London marketa.-Reu- 'ter.

DISARMAMENT TALK

ANNIVERSARY.

Disappointing Progress

During Year. ̧

London, To-day.

With a hundreds of millions population in India and China, a very little increase in the standard of living would mean a tremendous in- crease in our industries, Mr. Runciman concluded. Reuter.

France Worried By

Trade Balance.

POOR COMPARISON WITH GERMANY.

DISCUSSIONS

Not Limited To War Debts.

MR. MACDONALD TO PRESIDE AT, WORLD CONFERENCE.

their sportsmanship.

"When your recommendation reaches us, it shall receive the most! careful consideration, and will be submitted to the Imperial Cricket Conference."Reuter.

SUB-INSP. HUNT RETURNING.

Insp. G. A. Stimson Due For Leave,

TROOP MOVEMENTS BRITAIN'S

FROM MUKDEN

CHINESE FORCES READY

FOR DEFENCE

JAPANESE WILL ENTER JEHOL

THROUGH CHAOYANG

Peking, Feb. 3.

ATTITUDE ON

MANCHURIA

Rumoured Support For Japan Denied.

LYTTON REPORT AS BASIS OF POLICY.

London, To-day.

In view of the divergent reports circulating in China it is officially emphasised that Great Britain ed- heres to the Lytton report as a basis of policy in the Sino-Japanese dis- pute

Responsible Chinese sources confirm that the Japanese troop move- ments down the Peking-Mukden Railway from Mukden continue. These sources, however, do not fear any attempt by the Japanese to drive understanding at the time of the

Southwards into the Peking-Tientsin area.

:

They believe that the Japanese intend to attack from Chin- chow via the branch railway running to Chaoyangfu, thence en- deavouring to penetrate into the Province through Chaoyang, where the Chinese are well dug in.

It is understood that the Chinese authorities expect a Japanese attack on a large scale within a few days. At present the forces of Tang Yu-lin are round the borders of Jehol, mixed up with numbers of Volunteers. Jehol City and the centre of the Province are defended by a considerable number of the Young Marshal's forces-Reuter.

Boom In Gold

Shares

South African Shares Rise In London.

Japanese Planes Bomb Kailu.

CHINESE REPULSE RAID.

The reported Anglo-Japanese

Japanese occupation in Shanghai by which Britain promised sup- port to the Japanese in Man- cuation of Shanghai is complete- churia in exchange for the eva-

ly without foundation.

Likewise it is officially de- nied that the British dele gates at Geneva are bring- ing pressure to other dele- gations in order to suppress the reference. in the Report to the non-recognition of Manchukuo. — Reuter.

Official Denial.

- An official denial of Certain re ports which have been circulated in Geneva regarding the British at-. titude to the Sino-Japanese dispute was issued yesterday by the Foreign Omce. There is no truth whatever in the report published in sorio of the newspapers from their Goneva correspondents that the British de- legation are using pressure to secure the deletion of reference to the non-recognition of Manchukuo }from the draft report which is be- {ing prepared for presentation to the to League Assembly,

Peking, To-day. Official reporta from Chengteh.state, that though London, To-day. Although the Stock Market the Japanese troops have not generally closed with consider- again attacked Kailu, in able irregularity in prices, South North Jehol, their planes African gold shares registered

continue to bomb the city. further substantial gains, but In many instances the best Some of the bombs failed Hunt,

prices were not maintained. officer-in-charge of the Emergency

explode, owing to their falling Unit, Heng Kong Police, is due gold shares of the last few days

Brokers compare the activity in into deep snow, and were found back from leave shortly aboard with the boom of 1895. the. P. & 0.0.8. Corfu.

A feature of British funds was He will be accompanied by Mrs. the firmness of the War Loan 3% Hunt, Miss Doris Hunt, the harper cent. Issues, bour swimmer, and her younger 90%-British Wireless Service. Bistor Miss Elsie Hunt. While at

Sub-Inspector "Micky"

home, Mr Hunt's eldest daughter, Phyllis, was married.

Divisióial-Inspector G. A. Stim- son, of Shauldwan Police Station,

is proceeding on Home leave to

wards the end of this month. It

"

པ་

$60,500 LEFT BY LOCAL PRINTER.

Probate Granted.

which closed

at

ANGLO - PERSIAN

OIL DISPUTE

Official Statement From Geneva.

London, To-day. The following statement regard-. ing the dispute arising from the Paralan Government's cancellation of the Anglo-Persian Oil Company's concession was made public at Geneva yesterday.

to weigh 200 pounds,

The reports add that the Japanese have concentrated at Timglino, while a raid by 500 Japanese and 2,000 Mongols westward of Tung- liso has been repulsed by the Volunteers.

Reuter.

Soviet Embassy For Nanking,

PREMISES BEING SOUGHT BY WAICHIAOPU.

Nanking, To-day. Chinese sources state that

a Soviet Embassy will be established in Nanking soon.

London, To-day. Mr. Ramsay MacDonald, the Bri- tish Premier, has accepted the in- is understood his place will be vitation to preside at the World filled by Sub-Inspector Stewart Logan, who recently returned from Economic Conference, provided it is leave and is now at Central. held in London.

The impression has been created in some quarters of the United States by a speech given by Mr. Neville Chamberlain, Chancellor of the Exchequer, at

"Director Benes, as the League the American Press luncheon in

Council rapporteur, got into touch chiaopu has been requeated to London on February 1, that Bri- tain desired the Anglo-American Leang Yin-hing, allas Leung with both parties to the dispute in find suitable houses. Reuter discussions to be strictly limited Tool-kwong, late manager of the order to see how a friendly agree- tó debta,

Wing Fat Printing Co., Ltd., who meat could be brought about. These

China's Drive For With a view to dispelling this died on October 18, left an estate conversations have resulted in a

Aeroplanes. impression,

provisional agreement between the an authoritative valued at $60,500., The business was the discussion Imports of 1,012400,000 marks statement has been issued from Probate of the will was grant-two parties."-British Wireless Ser-

ESTABLISHMENT OF A of the French plan which was pre- France has an excess of imports London to the effect that subed to Wong Suet-fan, widow, and vice, sented by Monsieur Massigli. | over exports of 9,187,000,000 feet to the conditions that the Leung Pak-hong, merchant,

FACTORY IN FUKIEN Critical speeches were delivered francs.--Reuter.

debt settlement must accom- Li Manchok, late of Surasdakdi modate itself to the Lausanne Road, Sathorn District, Bangkok, Agreement, and that nothing be who died it an un-numbered house done detrimental to the interests in Pokfulam Road, Hong Kong, of other countries, it is not desir-left $16,000.

The General Commission of the Disarmament Conference met at

Paris. Geneva yesterday on the anniver- France is worried at her trade sary of the opening of the Confor- balance as compared with that of ence. The President, Mr. Arthur Germany. Henderson, anid that the year had The figures

of each country for been eventful, but as far as real the first eleven months of the year disarmament was concerned it had are published side by alde. Ger- been profoundly disappointing.. many has an excess of exports over]

by Baron Aloisi Leisi for Italy, and

Herr Nadolny for Germany, both PRINCE'S TOUR OF stressing the wish of their coun- tries for positive disarmament

menadres,

At the conclusion of the debate

CORNWALL.

Enthusiastic Reception By Tenants.

Lendon, To-day.

The Prince of Wales, at the con-- clusion. yesterday afternoon of a

HALIFAX DEFEAT

CHESTER.

Norwich City's League Success.

London, To-day.

(Continued on Page 7)

REDUCTION OF TIN SUPPLIES.

Dutch Authorities Optimistic.

London, To-day. The Amsterdam correspondent of the Financial Times states that the reduction of visible tin supplies by 1,682 tons, to 48,941 tons during January has created a Very good impression in tin quarters, where It is thought that production. is now definitely contracted to below con- Bumption figures.

Further Inroad upon the visiblo supplies cannot fail to materfalise if deliveries, especially those to the United States continue to increase,

It is understood that the Wains the authorities belleve they will.- - It is also atated that fears of in- creased outside production are greatly exaggerated.-Reuter.

Nanking, To-day. The Chinese Government has launched a campaign for a “Na- tional Aeroplane Purchasing Fuld."

A Government order states that the Government has decided that

WALL ST. RALLY EXPECTED.

Stocks Show Downward

Tendency.

New York, To-day. The action of kall Issues la ed to limit the discussions to An application by Mr. M. M.

réssuring, reports Messrs. E. A Pierce & Co. "It looks questions relating to debts. Watson, Mesara, Deacons, for Reuter.

te vejam the resealing of the certified copy

as though the New York ar on the French plan the Commis-

of probate of the will was graft-

Market is approaching a base "aion will probably examine the re

cent British proposals for speed-

MRS. ROOSEVELT RETURNING ed

Halifax Town, playing at home, for a period of alx months, begin:|" from which a rally may start.” Probate in the estate of Low eliminated. Cheater in the Fourth ning from February, all Govern. "We think that Rails, American, ir ing up the work of the Confer

TO AMERICA. I ence-British Wireless Service.

Ging, alias Low" Hung, merchant, Round of the F. A. Cup yesterday ment employees will contribute a Can, Air Reduction, International sworn at $10,200, has been grant- by 3 goals to P after extra time had percentage of their salaries to the Harvester, Du Pont and Westing- tour of the Duchy of Cornwall,✨re- Mrs, Theodore Roosevell, wife of ed to the widow, Lum See. De been played.

National Aeroplane Purchasing house issues could be purchased for DR. ALEKHINE ARRIVES. turned to London in his private ex-President Roosevelt and mother ceased did in US.A. in October, Halifax will be at home to Luton Fund Commission, which will be ap- the turn," the report adds.

seroplane. Yesterday mording he of Mr. Theodore Roosevelt,

Gov 1981.

in the Fifth Round.

pointed by the Political Industrials, rails, utilities and Dr. Alexander Alekhino, the inspected his herds of pedigree ernor-General of the Philippines,

Norwich City visited Coventry world's champion chess player, cattle on his farm at Stoke Clims- was among the passengers who

It is understood that the propo-industrials falling as much as 1.05 The forthcoming wedding is an City yesterday in the Third Divi- arrived in the Colony this morning and AIR A Soda Sagaram arrived aboard the Dotar liner nounced of. Mr. Deusdedit Antanie sien (South) League and won by sals include the establishment of while rails, utilities and Gonds fell aboard the President Polk from

He also visited St. Austell, where President. Taft from Maulla to-day, Alanco, clerk, of the Socony-Vacuum 5 goals to 3. Norwich are staging an aviation factory, la Fokien, with 72, 64 and 80, respectively. Shanghai During his stay here, he was enthusiastically received by en route to US.AVGAS Carporation, residing at No. 286 a comeback in this division, and the Nineteenth Route Army air Business done Was Dr. Alekhine will play in two ex- crowds, of his tenants-British Mra. Roosevelt has been on & Hilda Uirks Guterres, of No 22, their prospects of promption are force as the nucleus of the proposed 1,250,000 shares changing hande Hibition games.

Wireless Service.

month's visit to her son in Manila. Granville Road, Kowloon,

[bright-Rautef.

aviation enterprise.--Reuter.

Router.

Prince Edward Rond, Kowloong and

Counell, Central Pol bonds all showed a downward trend,

average,