1934-08-11 — Page 1

Carnation

"From Contented Cows"

THERE'S CREAM

IN

Carnation

EVERY DROP.

MILK

Sola Agente: CONNELL BROS. CO., LTD. HONG KONG & E. CHINA,

The dollar, on demand; closed. to-day at 1/6 1-8.

@he

Suprende

China Mail

Ext 1845.

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

Est. 1945.

No. 28,801

HONG . KONG, SATURDAY, AUGUST 11, 1934. PRICE $3.00 Per Month.

WE PRESENT A Gorgeous Display

of Gowns.

AND OUR PRICES ARE RIGHT..

PAUL RENNET & CIE

Chater Road Hong Kong

Nathan Road

Kowloon

CURRENCY STABILISATION TALKS NOW DISTINCTLY POSSIBLE

NEW INTERPRETATION OF U.S. SILVER MOVE

Anne Bullitt, 10, of Philadel phia, in making her 24th voyage

across the Atlantic to join her father, the American Amhaara-

dor to the U.S.S.R., for the sum.

mer. She may go to school with

Soviet children instead of re- turning to America in the aut

MIT.

HONG KONG

BOWLERS AT

~THE GAMES]

LOCAL PAIR TAKE THIRD PLACE.

ENGLAND'S TRIUMPH

HEAVY SELLING BY

CHINA REPORTED

DOLLAR INFLATION POSSIBILITIES STILL SHROUDED

SPECIAL TO CHINA MAIL:

B Telegraph, Copyright, Telegraphic Messages Ordinance, 1804.

Received August 11, 9.29 a.m. }

Washington, To-day,

RUTH DECIDES ON

RETIREMENT

Physical Condition Demands.

PASSING OF BASEBALL'S

GREATEST STAR":

New York, To-day. Babe Ruth, most famous of all

Observers foresee currency, stabilisation con- American baseballers and for- ferences as a distinct possibility as a result of the finitely decided to retire from mer "Home Ron King" has de- nationalisation of silver, calling attention to the active play at the of this sea-

The latest photograph of Chancellor Adolf Hitler and General' Hermann Goering, rulers of Germany, shown them together when they were planning the "Bloody Saturday" which was only a few days away. When Hitler was "vacationing" in the Alps Guering wax the strong man of the Reich.

YORKSHIRE

BEATEN BY

LEICESTER

First Time In History Of Series.

HOPWOOD'S 13 FOR 90

London, To-day. Yorkshire, county cricket cham- pions for the past three seasons, were beaten by Leicester for the first time in the history of the championship when Smith, a young fast bowler, dismissed them for 98 when only 149 runs were required for victory.

fact that President Roosevelt openly favours Interviewed yesterday, the Babe GERMAN DEBTS PAYMENTS, and after Yorkshire had scor

more stabilised international currencies.

8

sald, "I am definitely through as a Treasury officials who are working out regu-

regular player at the end of this | lations for effective nationalisation within three the future holds for me, I would season. I don't really know what months are believed to be awaiting the reaction like to remain in baseball as of nationalisation before competing the regula-pinch hitting on Saturdays and manager, and perhaps do a little tions.

Sundays, or on days when I could help the gate receipts...

The noted firm of bullion brokers, Messrs. Handy Harmon and Co. yesterday quoted New York spot silver at 49.84 cents per ounce and have announced that they will continue quotations on which industrial transactions will be based; United Press, per & E. Levy and Company.

Treasury Conference

Washington, To-day.

England won the Pairs and Rinks President Roosevelt has ar

$1.00 An Ounce.

SPECIAL TO CHINA MAIL. (By Telepraph, Copyright, Telegra

Lawn Bowls competitions in the ranged for a conference with the phi Mp3 Ordinnnes, 1894. Re. British Empire Games, which clos-Treasury Secretary, Mr. Henry ceived August 11, 7.21 m.)

Morgenthau, at 3 o'clock this $2 ed yesterday, while Scotland won afternoon-United Press. per 3. the Singles.

E. Levy and Company.

Inflation InfluenceTM

Will Not Last.

Hong Kong's most successful placing was in the pairs, where!

F. L. Rapley (K.B.G.C.) and

were

H. G. Cooper (K.D.R.C.) placed third, in company Wales and Ireland, each scoring 10 points.

with

pair

(Continued on Page 14) FINAL STANDINGS

"There is nothing I would rather do than finish my career in Boston where I began it. I would like to wind up this season by helping the New York Yankees to win the American League Championship pennant and the World Series title. It would be a fitting climax for my career as a regular player.".

Babe Ruth agesrently fully satisfied that his nitrical condi Salt Lake City, Today on demands his retirement from

the game as a regulus player Metal producers here unani-expect to join Johnny Shibe and mously endorse the nationalisa-Earl Mack on a trip to Japan after tion of silver. They predict that the World Series, after which I eventually silver will advance to will be ready to consider, the best offers, if any," he concluded- $1.00 an ounce, to which end Reuter. they believe nationalisation is (Continued on Page 4) Wall Street is inclined to mini-tion of an increased demand.

the first step through the crea mise silver nationalisation, hold-

SPECIAL TO CHINA MAIL.

New York, To-day.

|CHINA REPAYS DUE PORTION:

ing that the inflationary Influence It is pointed out that a major- OF $19,000,000 R.F.C. LOAN The final standing in the Lawn will disappear with a a few days, ity of the metal is now mined as cabled although exporting further silver a by-product of lead, zinc and

Bowls championships, as

by Reuter, were:-

Singles:-

Scotland

Canada

South Africa

England

Wales ...

Ireland

Rhodesia

New York, to-day-China has

legislation at the next Congress. copper. If demand, however, re-paid to the Reconstruction Favourable market factors yes creates a higher price it may Finance Corporation her due por- pla. terday were the rising on the Lon-open many new mines and thus tion of the $19,000,000 cotton,

18 don Stock Exchange, particularly increase production

in other wheat and flour loan.-United

14 silver shares. Lumber orders metals, - United Press per S. E. Press, per S. E. Levy and Com- 14 were 18 per cent above those for Levy' and Company.

10 the corresponding period last year.

6

10 reflecting increased construction.

Unfavourable factors were: Pre- sident Roosevelt's speech, од Thursday which is decidedly bear- Diah to long-term business.-Unit- Canada takes Recond place on ed Press, per S. E. Levy and Com-

Hong Kong"

New Zealand

shots average.

Pairs:-

England ...... Canada

Wales

Hong Kong

Ireland

Scotland

Rhodesia

South Africa

Australia

Rinks:-

England

Ireland

Scolland

pany.

pts

16

U.S. Dollars Weak In London Market.

12

10

.10

SPECIAL TO CHINA MAIL.

London, To-day.

10 Following President Roosevelt's

Jennouncement on the nationalisa-: tion of silver in the United States

cents per fine

сипсе,

Alat 50.01

pts.

Decline Expected.

pany.

WHITE RUSSIANS NOT TO WORK IN TURKEY

Previous Exemption Waived By Government

Istanbul, To-day. The Government has decided not to exempt White Rozsian from hibiting many classes of foreigners the recent Turkish law pro from working in Turkey....

The decision imposes a great hardship on the poorest White

Russians of whom about 2,000 have been in Istanbul since 1920 and have no other country to which they can go Router.

AUSTRO-HUNGARY* MEETING

Union Under Hapsburg

King Rumours.

Budapest, To-day. The meeting here between -the Austrian Chancellor, Dr. Kurt Schuschnigg, and the Hungarian Premier. General

· Gomboes, has ended in an ab- solute understanding. This was the only statement issued after the meeting.

EXCHANGE

AGREEMENT

CONCLUDED

Trade Transaction

With Britain.

REICHSMARKS DEAL:

Leicester were dismissed for

ed 196 for 5 A. B. Sellars de- clared. Leicester then recovered aplendidly to total 250 and set the champlona 149 to win. (Continued on Page 4).

THE TEST PLAYERS This was how the England play- ers, and those who were invited to be ready to play in the Tents, fared In the mid-week fixtures:

HAMMOND 802 not out v. Glamor-

scan.

JAS. LANGRIDGE 149 not opt Y.

Worcester...... GREGORY: 121 v. Middlesex,na HOPWOOD 18 for 90 v Derby.::- TOWES 8 for 104 v; Leicester K. FARNES 4. for 88 v. Somerset. G. O. ALLEN 4 for 4 v. Surrey. Resulta, as cabled by Renter, were:

London Today, Following the exchange of the letters appended to the recent Anglo-German transfer agree- ment, ̈negotiations have been concluded in Berlin for an ex- change agreement, between the COUNTY CHAMPIONSHIP

At the Dyst, Surrey beat Middle- Tur karemment was signed in Berlin yesterday, and comes Middlesexi 184 (P. G. H. Fender 5 fær

Bes by one wicket. into force on August 20. The agreement is designed to pro- omte current trade transactions

between the two countries, and it relates to debate falling due on ‚or after “August 20 next.

7.

292 (F. G-B Fender 5 for 84). Surrey: 850 (Gregory 121, Smith

for 98).

118 for (G. 0. Allen 4 for 424, Smith 6 for 58).

The procedure to be followed-pro- | At Hastings, Sussex beat Wor-

vides that German firms holding a

cester by 269 runs,

out)....

203 for 2 declared. Worcester: 104 (Tate 4 for 47).

157 (Tato 3 for 44).

general exchange permit under the Sussex: 417 (Jas Langridge 149 noi agreement, which was published last night as a white paper, and that United Kingdom firms holding a - general exchange permit under the German exchange regulations, may,

At Manchester, Lancashire beat Derbyshire by 195 runs.

in so far as the sums in foreign Lanes: 240 and 202 for 6 dec

It has been suggested that the exchange allotted are insufficient to Derby: 170 (Hopwood 6 for 32). question: of the accession of pay for the importa, make payment 187 (Hepwood 8 for 38). Archduke Otto to the Throne of in Reichsmarks into a special ac- At Kettering, Hampshire beat. Austria or a union between Aus-count with the Reichsbank in res-Northants by 10 wickets.

R.A. COMMANDER tria and Hungary under a Haps-pect of certain goods, and subject to Northants: 146 (Kennedy 6 for 49)

FOR HONG KONG burg King might have been dis- the general limit laid down in the

Lt. Col. Hearle.

SPECIAL TO CHINA MAIL.

London, To-day. London bullion brokers report that Chinese selling orders have more than offset Indian silver buying orders. Therefore, they

London, To-day. expect the price of silver will de-

Lieut. Colonel Arthur Bassett cline unless the United States Hearle, D.SO. RA, has been ap supports the market.

pointed to command the Royal Artillery stationed at, Hong Kong. -Reuter."

Great Bombay Stir.

SPECIAL TO CHINA-MAIL:

Lieut. Col. Hearle, who was edu- cated at King's School, Rochester, and at the Royal Military. ACE- Bombay, To-day.

demy, Woolwich, served through. American dollars displayed weak caused a stir. here, accompanied by tinction. He was

President Roosevelt's speech has out the European War with die ness in the London Foreign Exagreat demand for silver. Prices Lieut.-Colonel in 1980.

promoted to change Market, the rate moving yesterday advanced over one rupee per 100 The market is bul-

2 cents in favour of sterling.

cussed.

Dr. Schuschnigg, who flew here from Vienna, `returned by air im- mediately after the meeting. Reuter.

KULING TALKS NOT

IMPORTANT.

Formal Exchanges Of Views Only.

Shanghai, To-day, General Tang Yu-yen has denied

that an ̈· Important conference ła gding on at Kuling It is merely exchange of views

18 On the Stock Exchange, in anti-Pan and dealers expect the pri FILM DIRECTOR an inform der, he claims,

16

South Africa

New Zealand

Canada

Rhodesia

Australia

Wales

Hong Kong

cipation of American silver pur-of aliver to rise by five rupees per chases abroad, there was activity 100 tolas. • in silver shares.

-(Continued on Page 9).

LOCAL DOLLAR STEADY.

There was marked animation and prices Auctuated widely, Heavy realisations diminished the price, which aoared again due to fresh buying-United Press, per S. E. Levy and Company.

SUICIDE

Just Returns From China.

Santa Monica, To-day. The famous film director; Mr. George William Hill, who

England wins on shots average Forward Silver Declines. Certain Rise Forecasted. recently returned to Calt

while Scotland is placed third, on shots average.

TREASURY BILL ISSUE

London, to-day. The

The local dollar remains steady,

opening on demand this morning at SPECIAL TO CHINA MAIL 176%.

Beverly Hills, To-day, Spot allver remains firm, while Mr. William Jennings Bryan, Jr. total forward silver has declined 1/16, yesterday praised the nationalisa amount applied for in tenders for closing prices yesterday being tion of silver as a step in the £85,000,000 Treasury bills this 21 7/16 and 21%, respective

week was 268,340,000 The amount The London on New York cross

allotted in bills at three months rate, which closed

was £31,000,000, at an average rate..$5.0614 closed

per cent of 14/11.068., as compar-U.S.86.09, while the

el with 14/4.760 per cent last London rate closed Week-British Wireless Service -U.S.$5.08

direction, taking the supply roduction, or silver off the

ges Fmarket"}

with

rer

Unitza

fornia from China, commit ted suicide by shooting him- self in the head on the sea- front here, yesterday Renter

WEATHER FORECAST

agreement,

and 203, Hampshire: 293 (Partridge 5 for 77)

and 59 for 0.

SPECIAL ACCOUNT REQUEST The treasury has requested the At Leicester, Leicestershire heat Bank of England to open a special Yorkshire by 58 runs, account with the Reichsbank, for the Leicester: 94 (Bowes 4 for 17, Smalles purpose of the agreement. Reichs for 30), marks will be sold for the account of the creditor concerned in chrono logical order of the receipt into the special account. The Bank of Eng- land will sell such Reichsmarke at

their discretion, and subject to the specified provisions, and will credit (Continued on Page 9)

RAILWAY UNIONS'.

DEMANDS.

Formal Exchange Of Economy Cuts

COMPANIES EXPENDITURE UP BY OVER $1,500,000

London, To-day.

Yorkshire: 196 for i dec.

250 (Bowes & for 87). 90 (Smith 6 for 89).

(Continued on Page, 4)

PRETTY KOWLOON

WEDDING.

Berruex-White At St. Andrew's

A charming wedding took place at

the St. Andrew's Church, Kowloon, this morning, when Mies Maud White, daughter of Mr. and Mrs. J. 18. White, became the bride of Mr. Marcel Berruex, son of the late Mr. and Mrs. P. V. Berrues. The Rev. JR. Higgs, officiated.

The bride was given away by her

Whether the Chairman of the Peking Political Council, Mr. Huang Fu, will withdraw his ra signation is not yet defuite, al i though he will probably do so.

Dr. W. W. Yen has not yet, de cided when he will return to his

A settlement was reached yester brother, Mr. George White, while Moscow post owing to health rea- Bons. In reference to Dr. Lluntatives of the Railway Men's Gurevitch, Mr. Rupert Baldwin day afternoon between the repre- the groom was attended by Mr. G. Wen-Tao's return from Rome, Mr Trade Unions and the General Presided at the organ. The happy Tang said that he has been recall Managers of the four great railway couple left for a honeymoon at Re- ed by the Government to make in groups, whereunder the partial respulse Bay, after a reception, held quiries regarding conditions in toration of the economy cats in the at the St. Andrew's Church Hall,

Italy-Renter

men's wages, which took effect 1981, will be made, first in October, DRE KUNG LEAVES FOR KULING and later in January.

the Com

The concessions made by the, com- ese panies, fall, below the Unions*

manda but will involve Jan increase of the companies' fure, exceeding 41,500,000 — Wireless Service:

FOOCHOW STILL QUIET

The situati

Foochow i Recording to the latest report the local Naval Authorl- Government troops have all attacks by the Com munists and the city is quiet.