1935-03-05 — Page 7

JAPAN CONFRONTS THE WORLD

Hirota's Declaration

Of Policy

*CONTRADICTORY SENTIMENTS AND ACTIONS

(By Arthur Davies)

of

the

and

"The cardina. principle Japanese foreign policy is promation of peaceful friendly relations with every country in the world." At least, so we are assured by Mr. Hirota, her foreign minister, in the open- ing words of the customary New Year address to tho Diet in *Tokyo.

BEFORE

CASH ON APRIL 2, 1932. THE DAY of LINDBERGH, RANSOM PAYMENT

SAVINGS

BANK ACCOUNT

$203.90

GAIN of $44,282-

MONTHS

AFTER

CASH ACCOUNTED For APRIL 2,1932 ZU SEP 19, 1934 DAY of HAUPTMANNS ARREST. (RANSOM PAYMENT$50,000)

GOLD COINS in HOME $120

BOUGHT MORTGAGE $3780

RANSOM MONEY..FOUND

12. HAUPTMANNS GARAGE

$14.600

HAUPTMANN

BROKERAGE ACCOUNTS $16.942.75

CASH in BANKS $9073 25

TOTAL $ 44,486.00

The above chart shows the summary of the testimony of United States Treasury Agent William E. Frank at the Haupt- mann trial. The convicted man's known holdings increased U.S.- $44,282.10 following the payment of the Lindbergh ransom of U.S.$50,000,

THE CHINA MAIL, TUESDAY, MARCH 5, 1935

NEW YORK STOCK MARKET

HONG KONG LAND

INVESTMENT AND

AGENCY CO., LTD.

(Continued from Page 9.)

therefore come to $3 per share, In- volving a sum of $900,000. This you will observe is covered by the Balance of Profit and Loss Account and does not encroach upon our, Re- serves, which, in these difficult times, your Board thinks it wiser

to maintain fully.

"Our annual meeting has at var

ious times been the occasion for my predecessors to give their idea of

the future prospects of the Com- pany. This I am afraid is rather beyond me or anyone to do in this period of depression. I am con- vinced, however, that the more op timism we show the better will it

be for all of us. As far as this Company's activities are concerned, I think you will agree with me that we are setting a good example in preparing for the return of pros perity by building a large block of flats at Bowen Road, thereby re- placing four old houses, and also by re-building a very ancient: block of buildings in Queen's Road, These should be the means of considerable increase to our revenue in the near future.

(Continued From age 6) NEW YORK STOCK recommend

EXCHANGE

Reuter Quotations

March 2.

Sceptics might wonder how it la: then that Japan is allowing her withdrawal from the League of Na tions to become effeclive on March 27. The

answer appears to .bo that her idea of peace- ful and friendly relations' does not Include co-operative effort for common purposes of world- wide welfare. Some very signif cant sentences appear in the clos- ing paragraphs of Mr. Hirola's ad-| dreas. "After all," he says, "the foreign relations of a country are the reflection of the moral power: and material strength of its peo; ple," Foreign policy thẹn must be directed to "the consolidation of "their position," and "the consumma-

"Graina:-Erratic Joreign ex- tion of their purpose." "If all, of change reports and some moisture us (ie, of the Japanese people in the grain belt brought scattered work together, it will not be difficult gelling early in the session but later to surmount any obstacles we may the markets became dull. -encounter." Mr Hirota recognises by local statisticians on the winter Reports that "extreme caution as well as wheat condition had no strong determination" are needed Increased offerings of

in the midst of the complicated corn are experted, due to the de- and unsettled conditions which

cline in Sterling. nowadays universally characteriso

"Cotton:---The action of foreign N.Y./Londen international relationships" and he exchanges in concludes by an appeal "for the that which is passing-in mainly of

restricting business; N.Y. Cotton

Mar. united support of the whole nation."]

a. trade character,

July Strange Inconsistencies

Oct, Rubber: The market was weak. N.V. Rubber If we read the renininder of Mr. Major selling occurred in the Mar. Hirota's speech in the light of this morning, due to the weakness of expel the Red armies and to recover Sterling and heavy selling by Sept policy, given, very largely in his commission houses, with stop-loza

C. Wheat May 97 own deliberately chosen words, it is ordere uncovered on the way down. C. Corn May 84

July difficult, to say the least, to seal Prices rallied late in the Session W. Wheat May 84% how his protestations of "goodwill" on firmer Sterling and good foreign STOCK S and "fraternal sentiments without buying for December and January. Amer Setting 37 any mutual menace" can be inter Dealers were buying March option. Du Pont

Con Gas N.Y. 17% 17% 17% preted in any trustworthy Western Sugar-Quiet but steady condi- Elec Bond & Sh 4%

93 93% 02

4% 4% tions prevailed. The Spot quota- General Motors 294

294 Int Tel & Tel

35% 35%

25 26% 15 15% 15%

38%

sense, =

Influence. The following quotations from New Argentine York have been received by Reuter,

Lait eloso 10.15 11.00

March 5. 4.774 4.73% 4.74

July

12.34 12.52. 12.48 *12.47. 12.38

12.45 12.37

12.60

12.78 12.08 12.94 12.84

1251

12.06

97 .01144

83%

83%

924

27

EF

$489,168 Carried Forward'. "Your Direct ra, as I have said, n final Dividend of $1.50 per shar. They also recom- mend a Bony to Staff of $8,000, a reduction o that voted for past years, but which I trust you will ap- prove as a recognition of much greater and more difficult work during 1984. Further, it is propos jed to appropriate the sum of $35,- 426.91 to bring our Special Repairs. and Renewals Account up to a round figure of $50,000, and a further $100,000 to our Rebuilding Re- serve; which leaves us a balance of $489,468.21 to carry forward to a [new account,"

Election Of Officers The report and accounts, were seconded by Mr. J. A. Tarrant and! carried unanimously.

As Mr. H. H. H. Priestley had 36% resigned, Mr. F. H. Crapnell pro- posed, and Mr.-H. W Dulley seconded, that Mr. A. Raymond be invited to join the Board,

25

27

294

39

92% 324

12%

It is unnecessary to illustrate the tion stands nominally at 3.00 cents. Loew's Inc 26 force of the doubts one is bound to Buyers were found over that quota-Montgomery W. 25% feel by analysing point by point the tion with the lowest offering at 3.06 Nat Distillers references to Japan's relations with Manchukuo, the U.S.A., Great Brients. Refined prices remained NY. Central unchanged.

Standard Ol NJ 89 tain and the Soviet Union. It is

Flashes:Fischer's Weekly Com-U.S. Steel sufficient at any rate to draw atten modity Index was 82.0, as against tion to what Mr. Hirota has to say 82.2 for last week.

COMMODITY PRICES about China.. He expresses a bene-

Mill activity is estimated at 48.2) volent interest in China's efforts to

The following quotations have per cent. of capacity. expel the Red armies and to. recover

Messrs. E. A. Pierce & Company's been received by Reuter. her stability, and indeed offers help report on the opening of the mar

March 3, March 4, for both purposes, buť regrets that

New York Cotton:- even now (ie. two years and more,

The opening of Wall Street to- since Japan wrenched from China day was, generally, slightly lower March

Closing Closing

12.34 the provinces of Manchuria

12.27. on very light activity. Sentiment May

12.39

and

kets:

Jehol) "in certain localities anti-is improving, while the buslocas July. Japanese agitation has not yet been outlook is mixed. completely brought to an end,” but

October

On the cotton market at the December is glad to acknowledge "a growing trend among the Chinese people to opening, there was some

appreciate the true motive, · af Japan."

comment, for, even while he was speaking, Japanese troops were pre paring to cut off another chunk of Chinese territory, a job which they have since done with their well- known methods of forceful efficiency.

selling. The tone of the market May was fairly steady..

Latest Quotationa

.12.46

.12.52 12:45

12.47

12.39

..12.55

12.44

concen- January (1986) ....12.57′′ trated liquidation. Liverpool way Spot selling January option mostly. New York Rubber:-- It is unnecessary to add a verbal while domestic trade was absorbing March

1248

, 12.60 -* 12.55

July September October December

12.60 12.39 .12.67

12.48 .12.78 12.60 12.94 *12.74 13,09 12.80 .19.23

12.96

May

97

Prev. To-day July

91%

close close September. ..... 4.77% 477 Chicago Corni

90%

12.52 12.45 May

88

12.78

12.60 July

07.

September

76%

83%

59.25 58

Winniper Wheat;

May July

81

89

New York Bukar:- March May

2.08 2.05 2.07 205

GOODS SOLD WITH FALSE NAME

Alleged imitation (if Firm's Wrapper

$100 FIRE AND COSTS IMPOSED

The following quotations have Chicago, Wheat:- been received by Reuter.

N.Y./London

cross-rate

N.Y. Colton-May N.Y. Rubber--May Chicago Wheat-May 97% Chicago Corn-May .84 Montreal Silver-Mar. 69.25 Silver Official

Dow Jones

To-day's Mar. 2 close. Change |30 Industriala. 108.22 102.58 .64 off 20 Rails... 30.91 80.52 .39 off 20 Utilities ... 15.88 15.78.00 off

•

Summoned fo'ng in posses 40 Bonds .... 98.67 96.52 15. off sion of ruthe pea in wrappers 11 Commodity bearing a rate description,

the Yu Ch

Mr. D. V. Stevenson proposed that Mesars. S. T. Williamson, and Felix A. Joseph, who were due to retire from the Board by rotation, be re-elected. This was seconded by E. A. Jenkinson and when put to the meeting was carried unanim- ously.

PLANS NOW OPEN

UZLODE

G

QUEEN'S BOOK YOUR SEATS NOW

THE BRILLIANT, FAMOUS BALINESE DANCER.

RATU IDJA

WITH

DEWI RATNA

·AND:

THE ROYAL BALINESE DANCERS

t

AKOBLO

M

THESE PERFORMANCES PRESENT THE HIGHEST POINT EVER REACHED BY MALAYSIAN FOLK MUSIC AND DANCING AND WE CAN REMEMBER NO. THING TO COMPARE WITH ITS EXOTIC AND YET SATISFYING QUALITY IN THE LAST TEN YEARS

WROTE THE "STRAITS TIMES"

PREMIERE: WEDNESDAY, March 6th at 9,30 p.m.

Thursday, Friday, Saturday 2 shows daily, at: 5.10 and 9.30 p.m. Admission: $3.00, $2.00, $1.00 and 50 cts, excl. Tax.

SHANGHAI STOCK MARKET

Business Neglected All Round

TIGHTNESS OF MONEY STILL CONTINUES

A.O.F.C. Comment

Shanghai, Wednesday. The local rubber share market failed to respond last Tuesday to Mr. L. C. F. Bellamy proposed, the steadiness of the raw material and Mr. O. Eager seconded, that markets resulting from the favour the Auditors, Messrs. Percy Smith, able gold clause decision. The Seth & Fleming and Mesara. Lin-

HONG KONG MARKET PRODUCE

APPROXIMATE RETAIL PRICES.

Mar 1, Mar.

1918-1995

BUTCHER MEAT.

Beef Birloin.

Prime Cut

Corned

H Roast

Breast Soup

Steak

Mar. 1, Mar.

1935 1918

Gta.

Cle.

· POULTRY.

Chicken Capons, Small Dock

lb, 42.

80

45.28

30

Large

49 28

75 22

Doves

each 95,

22

20

20

Ergo, Hen (cooking) per doz, 30 Eggs, Hen (fresh) Fowl, Hainan

18

25.20

:32 25

"

8024

16.

85

Steak Sirloin

21

GD

Bausages

"

Canton

80

Goose

29

Bullock's Brains

per set 1710

Pigeons, Canton

esch 50

Tongue, fresh

each 70 50

80

# corned

'Kalhow

29

Turkeys, Cock

Hen Snipa Pheasant Quail

16:

Head Heart'

H

1.0060

2.00

24

01

each 18

Feet

pair 1.60 2.20

Hump, Salt Kidneys

each : 10, 10

15

each 16

Tail

each '75 10

Liver

Tripe

Calves' Head & Feet

1b.

1.00 44 20

stead & Davis, be re-elected for a general market remained neglected further year,

and in the group of debentures, sellers predominated.'

Wednesday was exceedingly dull; no transactions at all' were recorded] Partridge in the rubber section and in the

LOCAL NEWS BREVITIES

FRUITS. general market the whole business Almonds Hong Kong rainfall for the 24

done amounted to 200 Chinese En-Apples (California)

Bananas

(bride's) heurs ending at 10a.m. to-day was gineering and Mining and Realty Carambala 0.01 inch. The total since January Works 7 per cent. Preferred.

Investment and Shanghai Water Coconuts 1 is 2.70 inches, as against an aver- age of 8.28 inches. Seat Brand No Improvement

(80) CHENE CL| 0662697888 3 8 8 688 XNOAD

1b,40 25 Mutton Chip

each

Lemons, China

Americas each Dried

Ib. 1.20 On the following day the situa- Oranges (Canton) The 55. Santhia will leave heretion was more or less the same,, Pears (Canton)

Oranges (Sweet),

for Amoy, Shanghai, Moit, Kobe.sines the most important factor in Oranges (America) each and Osaka on Thursday at 6 am.

each

VEGETABLES, ETC.

Artichokes. Beam, Sprout.....

Long

fluencing the market, the unusual Persimmons, Large

Fumelo,

Siam tightness of money, did not im- The annual general meeting of

Walnuts prove. Owing to a rise in exchange Grapes the European Y.M.C.A., Kowloon. Shanghai Water Works stock drop will be held in the West Lounge at ped to 520, a decline of 15 poluta 6 pm on Thursday, and will be from the last rate. 1984 presided over by Sir William Shen- During Thursday's session busi ton, President, who will present ness was practically at a standstill. the report and balance sheet for Shanghai Power & per cent. Deben- Beet Root (the past year.

tures closed at 89.50, Marden 6 per Brinjala, Green

Red cent. at 95, or five points below the cabbage, Chinese The Third Annual General Meet listed normal quotation.

Wappen (Shanghai) ing of the Children's Playgrounds There was nothing worth while to Cauliflower (Large) Association will be held at the report on the markete on Saturday (Medium) Public Works Department Board and Monday of this week. A few

(Small) Rooms next Monday, at 8.15 p. Shanghai Power 6 per cent. Pre- Celery, Chinese... Among the items on the agenda is ference shares were sold at 130 on Chiles, Dried the election of a President, a Vice Monday and 250 Ewo Mills were

Red President, an Honorary Treasurer done at 9 and 1,000 Tehongs at 47.

Green Carry Stoff, English and an Hon. Secretary for the en-parente

Guembers Garlic

2.10.2.09 2.12 2.10 July

2.16 2.16 2:18 217 September 2.21 2.21 2.28 2.22 ¡December 10.02.27 2.27·2.29 2.28°

Ved York Silk:- 85% March

May... July

Index

58.95. 58.70.25 off 10 Leading Stocke Amer Smelting

Li. Kung-ng manager of

: Linnany, Nó. 27 Auburn

25, 50 Bonhara" J. I. Case, fined $100 and Elec Bond & Share

General Motors

Jervois Sun Strand F

ordered ta

Schofeld 1: yesterday

A secon

false trad

ed. Ar o handed o Chan T

of Badley Buliding Mr. pearing to

granted

gests by Mr. W. Int Tel & Tel ... Central Mingistracy Montgomery Ward

Nat Distillers

of applying a N.Y. Central

U.S. Steel

suing year; the election of the Customs Bonds Shump 82% Chairman; and other members of On the Chinese Government Bond

the Executive Committee; and the Market 28rd Year Customs.con election of, an Hon. Auditor. "Ainued to be in the foreground While some of the other issues re- A fine of $75, in default six slumped heavily, resulting in cod 60.70 weeks hard labour, was imposed gistered smal, gains, this isstic

Carrots

10

==

Log

Shoulder Saddle Brains Chitlinge

Feat

#

Head

Kidneys Liver

∙16 10

Lion

Leg

Fat or Lard

Porks Chop

Sheep's Head & Fest yor

Heart

ย

Kidney Liver

Bucking Pige

order

Buet, Boet

Just, Beef

Veal

Mutton

Bausages

Barbel

Bream

ton Fr

Water Fish

24. 10 10 1

Godfish Craba

22

1.823 1.38% 1.88

82 8214

Cuttle Fish Danco

Eels, Conge

7 March 24% May

-44 1tréal Silver:- 2044

Geger;

#

Yello

58.50 59.25

2716 July

14ptember!

60.50.b 81.00 b

58.77 59,25 60.15

8274

New York Metals:

BA-BIDAN Copper March min March

Old Horseradish, S'haf Indian Corn. Lettuce Okres Inions, n

20:1 Caroupa

Gudegen

Herrings

Halibut

Lobster

Mackerel

Mullet

J

Oysters

6.08. 4:00

8.22 16.90

Parsley

Pearch

tracy this morning for possessing

Potato

Pike C

42 Macao po piu lottery tickets,"

DO YOU WANT

Plaice

GA YOUR SOUL SAVED T

Pomfret, White

You are rather silly

DO YOU BELIEVEN

Pomfret, Black

banc

mend раза

remark

Salmo Shar

dismin Business Done: 120,000 chers. You be

complainant, for the complainant firm.

annager Mr. Schofield said there was no

China evidence on the summons of apply ing a false, trade description, and ap accordingly dismissed It

made an

Mr. Schofield held, however, that it was most Improbable defendzut here was should have been ignorant, bation was extence of the boxes of

anf or have missed the fact utton appeared his brand was a very close limitatio

CLINICS FOR RECLAIMED

AREAS IN KIANGSI:"

Twelve medical corps-havs

Ing for the reclaimed

storenta

have ben sent by the

Health

on Ho Yat, aged 20, by Mr. E. L. aiderably lower quotations Wynne-Jones at the Banting Tools

IN MIRACLES T

THE MIRACLE

WOMAN

IS IN TOWN