1933-07-29 — Page 1

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THE HONG KONG HOTEL

GARAGE

BEDFORDY

The dollar, an demand," closed to-day at 1/4 84.

Library,

China Mail

FL. 1845.

Stubbs Road, Happy Valley.

MADE ON ENGLAND

No. 28,481

THE OLDEST-ESTABLISHED NEWSPAPER IN THE FAR EAST

HONG KONG. SATURDAY, JULY 29, 1933.

Est. 1845.

· PRICE $3.00 Per Monthl

BERNARDS' OF HARWICH.

FOR

CONSULATE SHIRTS & PYJAMAS : LILLEY & SKINNER FOOTWEAR ROLLS RAZORS: WOLSEYS KNITWEAR : MACCLESFIELD SILK. NECKTIES: MOORES FELT. HATS.

CHATER ROAD, HONG KONG

BRITAIN IS PRACTICALLY ASSURED OF WINNING

TRADING FALLS

FURTHER ON

WALL STREET

Only 1,390,000 Shares Sold Yesterday.

SILVER MARKET AGAIN INACTIVE

New York, To-day... The Silver Market here was in- active throughout yesterday, con- tracts being offered freely. One large buying order for September

and December held prices steady al

the levels reached earlier in the day. Minor fluctuations were due

to the sterling exchange.

The market generally, weakened, industrials declining 1.49 to 94.54, while

bonds rails, utilities and

DAVIS CUP

AUSTIN AND PERRY BOTH WIN FOR A LEAD OF 2 GAMES TO 0 LANCASHIRE

F. J. Perry

dropped .50, 65 and 01 to 47.81. TYPHOON NEARS

31.58 and 88.23 respectively.

Business showed a heavy de- cline, only 1,390,000 shares he..

ing traded.

Starting on Monday, the New York stock Exchange sessions will rovert to the regular hours but will be closed on Saturdays until Sep tember 5.

In their daily report, Messrs. E. A. Pierce and Company, through their local correspondents, Messrs Asia Landa, Ltd., state:-

COLONY

250 Miles Away At

6 A.M. To-day.

SECOND TYPHOON AT BALINTANG CHANNEL

to

Two typhoons appear

be heading for the Colony, according to a warning issued from the Messrs. E. A. Pierce & Co. Re-Manila Observatory at 8 pm. yen- port:-

terday and received here at 9 a.m. We think it would not be sure this morning. prising if the market were jo con tinue to hang in the area of nar

be

row fluctuations for a time.

"Many traders still seem to committed to the theory at a ne- condary reaction without, however, giving any reasons apparently, ex- cept that of precedent.

It is the latter storm that is at present threatening the Colony.

COCHET DEFEATED

IN FIVE SETS

FRENCHMAN OUTPLAYED

AND OUT-STAYED

AUSTIN LOOKS ILL AND DISTRESSED IN SWELTERING HEAT

AUTEUIL, TO-DAY.

FRED PERRY'S TRIUMPH OVER HENRI COCHET IN FIVE SETS YESTERDAY HAS ALMOST ASSURED BRITAIN OF WINNING THE DAVIS CUP FOR THE FIRST TIME SINCE 1912.

Britain, leading by 2 matches to 0, has now to win only one of the three remaining matches to break the French sequence of six- triumphs.

A crowd of 13,000, including the French President, M. Albert Lebrun, and Marshal Chang Hsueh Liang, witnessed the two British triumphs under swelteringly hot weather conditions.

Austin, though winning his match in straight sets, looked ill and most distressed at the finish. He showed signs of tiring in the second set when Merlin levelled at 4-all after being 4-0 down. Austin, however, took the next eight games for the set and match.

The scores were:

F. J. Ferry (Britain) beat H. Cochet 8-10, 6-4, 8-6, -3-5, 6-1.. H. W. Austin (Britain) beat A. Merlin 6-3, 6-4; 6-0. “

Perry's stamina and brilliant net work spelled the downfall of Co-

A typhoon or cyclone is over chet. The French ace, after a set Balintang Channel moving westfall, held set point in the third set or W.N.W., while another typhoon at 53, but dropped the set at ie in about Long. 119E, Lat. 20N, 18-6 as the result of magnificent net- moving W.N.W.

work by Perry. Throwing all his reserves into the fourth set Cochet played superbly to win at 6-3, but the effort proved too much for him and Perry won the fifth set and match at 6-1 after a contest which went to 58 games,

"Wheat: The weakness the Winnipeg market, reluctant Liver- pool. more

weather favourable

in the North West and Canada, with a narrow of limits, caused a sharp reaction.

(Continued on Page 14.)

DOLLAR STEADY. AT 1/4. Silver Prices Continue To Rise.

CYCLONE WITHIN 24 HOURS.

Was

At 6 a.. the typhoon situated about 250 miles E.S.E. of the Colony, moving W.N.W.

The coast near Hong Kong is definitely, threatened with cyclonic gales during the com ing 24 hours.

Fair at first; cloudy with rain later and north-easterly winds, freshening to a gale, is the forecast Issued by the Royal Observatory,

The local dollar remains steady, COLONY'S SOUND

opening this morning at 43⁄4-

Silver prices again advanced, the spot price advancing 3/16 to 18%. while the forward price advanced a similar fraction to 18. 7/16.

The London on New York cross¦ rate, yesterday closed at £-G$4.48% as against G$4,56%1⁄2 on Thursday, while the New York on London rate, quoted on Thursday at £-G$4.591⁄2, yesterday closed at $G$4.51.

BRITISH TRADE WITH FINLAND.

Agreement Expected In August.

FINANCES

Favourable Balance Of $15,493,095.

APRIL REVENUE INCREASES; EXPENDITURE FALLS

assets

Cochet took the fourth set mainly as the result of a series of astonishing passing" shots, achieving impossible looking

Banny Austin, who beat Andre Merlin in the Davis Cup Challenge Round yesterday, is here seen engaging Jiro Satoh in the Semi-Final Round at Wimbledon. He lost by scores of 7-5, 6-2, 2-5, 2-6, 6-2. In 1932 he defeated Satoh to enter the Final where he was beaten by Ellsworth Vines. (S. & G.).' .....'

LANCASHIRE

INDUSTRY NOT

DECADENT

Government Not To Intervene.

DISCUSSIONS WITH INDIA AND JAPAN

London, To-day,

The idea must not be allowed to get abroad, that the Lancashire textile industry is decadent, declar- jed Major D. J. Colville, Secretary for Overseas Trade, during the ad- journment debate in the House of

angle shots. Perry obce ledCommons, yesterday, ・・ 3-1, but dropped five games in

a row for the set at 6-3.- Cochet simply crumpled up in the snal set in which there was nothing worth the name of a rally.

Austin Tires, Then Recovers.

MERLIN OUT-CLASSED.

The weather was swelteringly not play opened before 13,000

To-day Fred Perry and Pat Hughes will attempt to confound the critics by beating Jean Boro- when tra and Jacques Brugnon, Wim-spectators at the State Boland bledon champions for the past Garros. The Davis Cup was two years.

CR-

RAPID EXECUTION OF WORLD CONFERENCE PROPOSALS

Executive Committee Adopt Important Resolution

London, To-day.

The Journal of the World Economic Conference yesterday announced that the Executive Committee of the Bureau, kas adopted a rezolution authorising President of the Conference, Mr. Machonald, and through

Rammediary of the Secretary-

the

General of the Conference,

Avenol, all necessary measures: for the rapid execution of pro- posals of the sub-committees of that Commission.

Japanese competition was CHINESE SHOOT AT

the major factor. The Gove ernment did not propose to intervene in the contemplat- ed cotton discussions between cotton industrialists in Lan- cashire, Japan and India, but they would give the Lanca- shire representatives all the assistance they could. The Government thought that] the best solution would be to ar- rive at an amicable arrangement. Major Colville explained that the balance of trade between Bri tain and India was almost even,, throned opposite the Presidential and might serve as a model for box in which was M. Albert the negotiations which Britain is To-morrow Austin, who was Lebrun, the French President, and conducting with other countries. affected by the sweltering heat,| yesterday; will meet Cochet, and

Austin's experience and court-i Perry will play Merlin, or, Boro- craft were clearly demonstrated tra, should the match be depen-when with deep driving and shrewd -dent on the result. If Austin is placements he forced Merlin fre- unable to take his place in the quently to net his returns. The British side to-morrow Harold Briton went ahead at 4-1 and 5-3 Lee, who replaced Perry against and then took the set at 6-3. Crawford in the match against Australia, will fill the vacancy.

Perry is expected to win his match to give Britain the trophy.

How Perry Won.

EXCITING CONTEST UNTIL THE FIFTH SET

The Colony's" excess of over liabilities on March 31, 1933, amounted to $14,137,173.12, which, together with the revenue for the| month of April, $4,434,902.50, Perry twice double-faulted in the second and fourth games and

makes a total of $18,562,075-62.

party,

Austin quickly went to 4-0

In the second set, but Merlin strengthened when Austin was seen to be tiring. He then played into his opponent's hands by sending over com fortable lobs which Merlin tucked away to pull up to 4-all. Austin, however, threw all his reserves into the game and won at 6-4 after excolting play during Merlin's services Austin carried all before. him this, winning consecutive

The expenditure for April Cochet 18 a consequence led 8-1. amounted to $3,068,980.14, leaving Perry, however, come to the net on after

the right ball and levelled at 4-all games in the easiest manner apart a credit balance of $15,493,095-48 but was down 5-4 and 6-5 before he from the fourth game in the third on April 30.

The total revenue for April thin again levelled at 6-all

set, which went to deuce on sever

-Reuter.

ARMADA LEAVES

TO-DAY.

Atlantic Flight To Ireland.

St. John's, Newfoundland,

Toxiny. The Italian Air Minister, General Balbo, has reverted to his intention to lend the Italian air Armada

vin Valentia and Ireland on their homeward flight. The 24 planes leave here at 8 mm. (B.S.T.), to-day-Renter

CHANG WATCHES

TENNIS FINALS,

SWIMMERS

Escape By Jumping Overboard.

TWO MEN TRICKED AS ARMY RECRUITS

Two men who jumped overboard from a Chinese merchant ship outside Hong Kong harbour yesterday were fired at with rifles and revolvers.

The vessel, which was passing near Green Island in a direction from Canton, approached the Asiatic Petroleum Company's oil- tanker, Sumatra, at this point.

'The men were seen to jump towards overboard and swim

BEAT HAMPSHIRE BY SEVEN RUNS

Ernest Tyldesley And Sibbles Do Well.

JACK HOBES HITS 195TH CENTURY

London, To-day. Good captaincy by P. T. Eckers ley gave Lancashire a narrow vic- tory over Hampshire at Bourne- mouth yesterday. With a lead of 71 on the first innings he declared his second innings when five wic Lets were down. Requiring 217 to win Hampshire failed before Sib- bles and were dismised for 210 close on time.

(Continued on Page +) Only five centuries were corded in the mid-week gramme. They were:—

Tyldesley (Lancs.}

O'Connor (Essex)

Woolley (Kent).

Kobbe (Surrey)

Moad (Hants)

TO-

pro-

1.55

140

131

Results as cabled by Beuter.

County Championship.

Surrey beat Somerset wickets at the Oval.

Somerset 133 (Gover & for 52)

and 324

Surrey 226 (Hobbe 117)

134 for 4 wickets Lancashire beat Hampshire by 7 runs at Bournemouth. Lancs. 345. (Tyldesley (55)

146 for whits. dec. Hants 27% (Mead 114)**

210 (Sibbies 6 for 56) Sussex bent Derbyshire by, 169* runs at Hove. Z

Sussex 202 (Copson 5 for 59)

309 (A. Pope 7' for 84) Derby 190 (J. Cornford 5 for: 26)

152 (Bowley 4 for 34);

Kent beat Leicester by 176 runs at Maidstone...

Kent 302 (Smith 5 for 86)

301 for 9 dec., (Woolley 131) Leicester 252 (Freeman 6 for 87) 175 (Freeman 7 for 41).

LONDON - EUROPE TELEPHONE

New Submarine Cable To Be Laid. “

INCREASED FACILITIES

London, To-day

A new submarine telephone

the Sumatra, and after several shots had been fired, the Chinese cable, of the most advanced kind vessel, turned away and proceed yet, produced, will be laid next led out to sea.

month across the Straits of Dover

A life-boat was lowered from and so will increase facilities for the Sumatra and the two men conversation between Britain and

the Continent, t taken aboard. The men stated

When the cable has been linked that they had been tricked into joining the ship at Canton which up with the new land lines already they were told, was bound for installed on both sides of Channel, Fukien.

the "On demand” serivce already provided for inland trunk calls will, After the vessel left Canton it is hoped, be available for inter- they discovered that they had national calls: been recruited for the Army. The new cable contains nineteen When the ship drew near the quads or double pairs of lines, but Sumatra they saw their chance a much greater number of extra

escape and jumped overboard. conversations may be accommodat

ed, if necessary, by the use of" a

London; To-day. Commercial negotiations be- tween Britain and Finland are proceeding, Colonel D. J. Colville, for the same period of last year of $1,223,-service to the eighteenth where 35 to 40 strokes which ended in the expenditure Ferry was leading 30-love only to Merlin netting to give the English- Board of Trade, stated in Parlia-015.16, while

figures for the corresponding have a disastrous period in which man set. ment yesterday evening that, apart from a few minor points of detail, periods show a decreased expendi- committed a series of errors to

year shows an increase over the The games then went with the occasions, including a long rally of Young Marshal. Meets PARLIAMENT RISES Jcarrier circuit systemRouter.

a general agreement had been reached.

ture this year of $588;079.78.

The drafting of the treaty le now, TREASURY ISSUE OF proceeding and Col. Colville hopes

to arrange for its signature by the

$40,000,000;

end of August-Reuter. Y

_____||| £81,475,000 Applied For

lost, the game and set at 10-8.

Perry would have won the set if he had shown more con- centration, for he sent отет sema of returns

Austin looked ill and most dis- tressed at the finish...

Britain's 12th Challenge.

Koo And Soong.

Paris, To-day. -Marshal Chang Hsueh-lang-in- spected the serial defences of Paris yesterday morning and later lunch- ed with the Chinese Ambassador to By eliminating America in the Paris, Dr. Wellington Koo, and the Perry led 2-0 in the second set, inter-zone finals, Britain gained Chinese Finance Minister Mr. T. V.

Boong but Cocher levelled and went to 4-2 the privilege of participating the In the afternoon, he watched the on Perry's errors. Then, however, the challenge rounds for the Davis Cup ames Perry's rapier like volleying pierced twelfth time since the cup most es damal pointment of the Hon. Commander Applications for Treasury bills Cophers almour at all points, and coveted 41 teens prizes was ofiscation in the Government Joseph Bernard: Newüll, D.B.Q/ RN,

only yesterday totalled £81,475,000, the Briton won the set at 6-4 fered for competition by Bright Gazette mates that at the expiration Member of the Legislative Council in The amount allotted in bills at Cochet led B-3 in the third set and F. Davis, its donor, who was foros three months from July 26, the the place of the Hon. Commander Saree months was £40,000,000, was set point on one occasion. merly United States secretary of same of the Share and Roll Estat Gorda Francis Hole, B.N. (Retired); The average rate per cent Peny stormed the net where he war and Governor General of the Brokers Society of Hong Kong Who is temporarily absent from the 6/11.68 compared with 6/5.424. proved so successful that he won the Philippines.

last week. Beater

His Majesty the King has been

the

(Retired), to be temporarily an

Colony, with effect from March 14,

1988.

London, To-day.

setzt

(Continued on

enieks cause is shown to the contrary, be struck off the register and the; com--- pany dissolved

FOR RECESS.

To Reassemble On November 7.

London, To-day..

Parliament 2018 yesterday:

WAR MATERIAL IN AUSTRIA

All Returned To Italy.

London, To-day.

Captain Anthony Eden, Under :

for the summer recess and, nu--- Secretary› for Foreign Affairs,

less members are recalled fors" | answering a question in the Houss"

any, special reason, it will not reassemble until November 7.

The Prime Minister, Mr. Ramsay MacDonald, leaves to day by air for Lossiemouth, where he will spend the first part of his holiday-British

Wireless Service:

of Commons, yesterday, onld that all the Hirtenberg war matèrial which the Austrian Government undertook to send back to Italy, had been" returned," and he was happy to state that the incident was now closed-British Wireless Bervice,