1934-08-25 — Page 9

STEADY TONE ON WALL STREET

Movements Confined To Minor Fractions.

WASHINGTON WATCHED

New York, To-day.

The New York market woB steady yesterday with movements mostly confined to minor fractions either way. The resumption of

cautious trading seems to be ex- pected, awaiting taxable signs of business improvement and deve- lopment at Washington,

S.E. Levy & Company's Report In their market report. Messrs.

S. E. Levy and Company, corres- pondents for Messrs. White, Weld and Company, New York state:

"Stocks-Inflationary rumoura

persist and some good buying was again in evidance. Business done: -750,000 shares.

"Bands:-High-grades were un- chungel. Government issues were fractionally, Second-grade

1031

were better.

ག "Wheat:--The technical posi- tion is improving. while grains time are acting better for the

being A trading attitude is sug- gested and purchases on set-backs are preferable. Thursday's sales: -22.912.000 bushels.

"Cotton:-There are brighter prospects of mill buying and some mills are resuming full-time opera- tions on Monday. Good European and Wall Street interest was re- ported. Hedge offerings were ne- gligible and higher levels are in- dicated.

"Rubber:-The market is quiet. The Trade absorbed a moderate. amount of liquidation. while

FOG

RP

THE. CHINA MAIL, SATURDAY," "AUGUST 25, 1934.

This photograph shows Captain Albert Stevens, right, and Major William Kepner, left, army flyers, with Mrs. Tom Berry, wife of the Governor of South Dakota, at the christening ceremony of the gondola in which the oflcers hoped to pierce the stratos. phere. Mrs Berry christened the gondola The Explorer.

To-day's Short Story.

Presented To

Jonathan Skeppitt

"IT'S

By Norah Cotterill.

T'S a power o' money and a watery blur as the difficult tears grand umbrella," mumbled of old age pursued a meandering Jonathan Skeppitt a little. dazed-course down his furrowed cheeks. ly when, to an accompaniment of "It's a grand umbrella," he re- handclapping and the subdued peated, "but I'm sorry to leave stamping of nailed boots, the choir." vicar made the presentation.

They crowded round him, elap- There Was & brown leather ping his bowed shoulders, staring wallet, stamped with J. S. in gold enviously at the brown wallet that lettering, containing five crisp one contained what seemed like B pound notes, and there was a silk small fortune. The umbrella” was covered umbrella with a crook|grand, but it was grander still to hundle of cherrywood. Around its be the possessor of five pounds. sturdy neek a band of silver born "You'll have to mind burglars, the inscription which the vicar Jonathan." Tom Dobbie told him. had just read out impressively: "All that money"s" a rare tempta- "Presented to Jonathan Skeppitt tion. It'd be best in the savings in grateful recognition of fifty-six years of faithful service given to Gatterling Church Choir.”

"Something for a rainly day," the vicar announced benignly as he placed the wallet and the um- brella into Jonathan's gnarled old hands.

✓

But Jonatran missed the double meaning of the vicar's carefully thought out "bon mot" and stared with something like reverence at

BASEBALL "DOUBLE" | READING BY RADIO. the rolled umbrella with its gleam-

FOR BRAVES

Giants Routed By St.

Louis Browns.

RAIN AGAIN MARS PLAY

New York. To-day. Boston Braves

Novelists' Prediction of The Future.

Melbourne, Victoria.

ing silken cover.

Bli

30

bank, and there'd be less chance of you being murdered in your!

bed for it."

MONDAY'S STORY

Monday's story will be "Light And Shade," by Alan Jenkins.

found

Jonathan stared at the wallet and "Nay, I reckon it's too good for with some apprehension {rain" he said doubtfully. "I shall hastily stuffed it into the inside use the old 'un for rain and keep pocket of his ancient frock coat. this for Sundays and suchlike.” | "You're right, Tom Dobbie," he Mr. Dale Collins, novelist and He stared round at the ring of nodded. "It's a power o' money, short-story writer, who is on a

faces uncertainly.

and there's them as would murder visit to Australia, suggest that

"I'm sorry to leave 'choir," he you as soon as look at you for it literature in the future will be went

I'll take it and put it in the sav along of on. "It's nosed out Cin-confined to those who read for rheumaticks setting me fast ings bank to-morrow." manufacturers were also fair buy-einnati Reds twice in their double-the sake of study, while those often that I can't get to practices Jonathan trudging the half-mil

The next morning ers., Sellers

were decidedly re-header in the major league Ameri-who read for amusement would like used to. But I'll be here Sun from his cottage into Gattering. luctant 011 declines. Business

can baseball yesterday. In the se- revert to the ancient custom of days to hear how they go on, and He had put on his frock coat to done: 307 lots.

cond game Wally Berger hit two story-telling the fundamental th umbrella will be a grand help emphasise the importance of the Night Telegrams

homers enabling the Braves to difference between the ages be to be walking from Hay-lane." He occasion and was carrying the The following telegram was re- clinch victory by a 10 to 9 margin. ing that the stories of the future sat down, his keen old eyes sud the umbrella stifly and with a ceived by Messrs. S. E: Levy & New York Giants, world cham-would be told "on the air."

denly dim, the gaping faces Company through Reuter- plons, suffered

care that suggested. It would be a fgnominious de-] "I do think that the day is around him receding "Favourable factors before the feat at the hands of St.

into a sacrilege to let its ferrule, touch Louis coming when the bad writer. opening of the market were:-The Browns, being soundly trounced to with a good voice will be preferr-

the ground. volume of selling sinks on

It was rather warm weather. any the tune of 5 to 0. J. Dean blank-ed to the good writer with a bud. reactions. Asking prices

the bank was still some distance: for led the Glants' batsmen for nine voice." he said. "Wireless, stocks seats do not indicate any innings and Rothrock and Collings course, is to blame-or is it to be

ahead, the Jug and Glass in had hearish opinion and intorested hit homers for the Braves.

praised-for such a prospect."

just opened its doors for the din- buyers can generally find an offer The games between Cleveland-Reuter.

ner hour session, and Jonathan within a reasonable distance of Indians and New. York Yankees;

knew that Tom Dobbie and one or the previous sale; however, the and the double-header between

two more would be in there sitting best offering at present is reported Philadelpha Phillies and St. Louis

over ȧle. to be around $160.000 compared Cardinals were postponed owing with the last sale of a seat for to rain. $95.000.

Unfavourable factors werewere Jack of conviction regarding the business outlook, the unsettlement

HEAVY FRANC BUYING BY GOLD BLOC

(Continued from Page 1)

MONETARY GOLD STOCKS

MANCHUKUO MISSION

will

A

i..'

(Continued from Page 1)

He was tired and thirsty and MISSION LEAVES TO-DAY- his arm was stiff from holding the The Industrial mission under umbrella'. at reverent arm's- the leadership of Lord Barnby length. He would be safe among leave London to-day for friends and they would no doubt Manchukuo to study conditions treat hm with the gratifying de- New York, To-day. there and to ascertain whether forence that should be accorded to 7. 1 The Federal Reserve has report-British Industry can. co-operate a man of wealth.

0ed that the monetary gold stocks, with local interests in its develop-

during the week, increased by ment. 2U.S.$4,000,000 while gold certificate

Results, as

cabled by Reuter.

R. H. E.

National League

2

1 7

10 17

of the wheat market and the tax Boston drive on Foreign operators on the Cincinnati stock and commodity markets."

The market is steady with move- Boston ments mostly confined to minor

Wally Berger hit two homers.

9 16

Lombardi hit a homer.

fractions either way. The resump Cincinnati tion of cautious trading seems to be expected, awaiting signs of business improvement and deve-New York lopments at Washington.

-0

5

0

J. Dean pitched.

5

a 3

Standard Brands have declared St. Louis

a regular quarterly dividend of 25 Rothrock and Collins hit homera. cents per, share. Carloadings dur-

.

ing the week totalled 601,000 tons, Brooklyn

a decline of 43.000 tons from last year.

LONDON'S NIGHT NOISES

(Continued from Page 1)

Tom Dobbie was in. Job Simp-

son, Will Bredon and several

No political significance at others he knew well were there too reserves increased by U.S.$2,000, taches to the visit of the mission,--and a stranger; a young man in 0 000, indicating that the Treasury is whose four members have been a striped suit who was laughing holding the balance-United Press, closely associated with the conduct and talking pleasantly with the per S. E. Levy and Company,

Impeding Advance Of Stock Market.

of the Federation of British Inreat. He seemed a harmless-look- dustries, which is the most powing young fellow, but Jonathan erful organisation of its kind in frowned, took a firmer grip on the Great Britain and which repre- umbrella, and patted the part of sents British industry in general. his frock coat that lay over the

wallet in the inside pocket. The mission's programme in-

"'Morning, Jonathan,” Tom (By Telegraph, Copyright, Telegra cludes a call of courtesy and good. Dobbie greeted him "We were just phie Messages Ordinance, 1894, Re-will in Japan with the object of talking about you, telling this ceived August 25, 10.14 am) establishing friendly contact with

young gentleman what

2 6 10 Frey and Leslie hit homers. Chicago

4 11

2

F. Herman hit a homer.

American League

Detroit Washington

St. Louis

West hit a homer, Philadelphia

12 17

1.

8 16·2

2 8

0

1

Б

0

Sir Henry Fowler is Chairman of the Committee of the British Association, which has been con- aidering the question of the re- duction of noise, and has already carried out important investiga-| tions on the subject. The commit. CATHOLIC SCOUTS TO

VISIT SHANGHAL

tee was set up at last year's Bri- tish Association meeting, and its

experiments have been carried out Leaving To-morrow At

at Southampton University and

the National Physical Laboratory.

The results will be publicly dis

closed at the Association's meet-

Daylight.

SPECIAL TO CHINA MAIL.

་

a do we

New York, To-day. the representative organisations had last night presenting you with Wall Street believes that the of Japanese industry and commerce grand wallet and a silk umbrella confused international monetary The members of the mission will on account of you singing in situation is likely to impede the probably also take the opportuni- t'choir, man and boy, for 66 year. advance in the stock market.ty of visiting some of the princf He says he'd like to put it in the Favourable market factors yestor-pal centres of Chinese trade,

papers and mebbe have a photo of day were that automobile experts The Importance of establishing you and Gatterling Church."..." for the first six months of 1984 closer personal relations between "I think it is a marvellous re- amounted to $109,902,707, against the heads of Industries in Britain cord, Mr. Skepoltt," the young $43,021,205. last year, and that the and corresponding leaders abroad man man broke in. "I should like lowest current offer for a seat on is generally recognised here, and to get full details. It would make the Stock Exchange was $160,000, was emphasised by the prominent a good story, that"photog against the previous sale pricé of industriallat, Sir Harry McGowan, $95,000.

on his return from the Far Easting alightly in the sun of the An unfavourable factor was the some months ago.

young man's praise, “at one time reputed discord within the National Newspapers express the hope there wasn't even a choir sup- Recovery Administration, including that the work of the present Mis-per." the rumoured dispute between alon may help to prepare the Не

"Aye," agreed Jonathan, relax-

carefully withdrew

the

The 2nd Hong Kong. Catholic General Hugh Johnson and the ground for more specialised in-wallet from his pocket and put it ingat Aberdeen next month, which Group of Boy Scouts is sailing to- Secretary of Labour, Miss Frances tercourse later Beitish Wireless on the table, cautiously keeping will be attended by the Trans-morrow at daylight by the a.. Perkins-United Press, per S. E. Service port Minister.

Tean on a visit to Shanghai and Levy and Company.

TYTAM HIGHWAY

ROBBERY.

(Continued from Page 1)

It is understood that scientists | Foochow. have perfected a silencer which At Shanghai they will be the reduces the noise of moter en guests of the Salisian Institute and gines to a minimura without les will pay visits to the different Scout Bening their power. British Organizations. Arrangements will Wireless Service.

also be made for them to visit West Lake, Hangchow, the most beauti-

JURISDICTION DOUBTED IN

U.S. TEXTILE STRIKE

ful scenery in whole China:

LOCAL NEWS BREVITIES

One case of typhoid fever WEB reported in the Colony during the The party will leave Shanghai on In the fight which followed the 24 hours ended August 28. d their return on September 7 As car started to run backwards and

a large splayed thumb on one corner of it.

"That's the wallet they give me with five pounds in it. I'm on me way to the savings bank now," he said, importantly, "You'll see the gold lettering on it. főr Jonathan Skeppitt"

"Very nice," : murmured young man, "but no more than you deserve, Mr. Skeppitt."

Jonathan put back the

Edle

(Continued from Paga 13.

the Scoutmaster, Mr. Lure, is un- the driver fell into the road. He A Chinese male, Sun Fal was and placed the umbrella the able to go up the party will be under escaped in the direction of Tstam admitted to the Kowloon Hospital table, holding on firmly to the The need for discipline lens the care of Rev. Fr. Teruzził, Chap- and raised the alarm. Later the yesterday after being bitten by ferrule while pushing phasised, and the instructions say, lain to the Scouts.

mán, - who had been in the back a dog, the property of Misa Capell, towards the young man- "We have no more than 10 days for This trip is made possible through seat, was arrested and taken to of No. 40, Kimberley Road,

Thate the the perfection of the strike organi- the kindness of several supporters Stanley Returning to the scene

and you'll spark sation Indicating that the strike of the Group, and also to Bay. Bro of the fight, the car was found will probably be called on September Amiar, Director of La Salle College be missing

1. United Prose, par S. E. Levy in allowing the Scouts to be a few

and Company,

days late for school.

Chas since been heard of

restry

the missing Ambiela

brellas:silk

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