1927-09-19 — Page 2

Page

"

2

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MEMBER HOTELS

"Hotel rates for Single rooms (without bath), include in meals.

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Y 10.00 up in country districts.

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Open from April 1st until October 31st.

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BURROUGHS WELLCOME & CO.

THE WELLCOma Younration Lyau Lomson. Exo.) LONDON AND SHANGHAI

***ADRights Resumé

JAPANESE FINANCIAL

CRISIS.

NEW BANK TO BE ESTAB- LISHED.

CAPITALISED AT Y.20,000,000.

[Taoran RETIR'S AGENCY.]

TOKYO, Sept. 17th. As a

result of the conference between the Governor of the Bank of Japan and representatives of the Mitsui Mitsu Bishi. Yasuda and Sumitome Banks, it has been agreed to establish a special bank for the purpose of agelerating the read- justment of the banks' which were closed at the time of the financial panig in April. The new organ will be called the Showa Bank and will amalgamate not only with the closed Banks but also with a few ethers,

LEAGUE AND THE SOCIAL

VICE.

ENGLISHWOMAN'S PASSION- ATE APPEAL.

POLICY OF CAUTION ADVOCATED.

[THROUGH RICTER'S AGENCY,J

GENEVA, Sept. 16th. Warnings not to proceed too swiftly in the abolition of maisons tolerets were made in the League Committee discussing social vico, after Dame Ethel Lyttleton, on behalf of Britain, had appealed passionately to the Assembly to recommend. the strongest repres sive legislation next year..

The Frenchpokesman said, that Frades wiving to abolish licensed houses, but too precipitate action would develop clandestine

The Bank of Japan has agreed vice.

to make advances at low interest The Japanese spokesman

de

to the new bank which will beclared that the Governors of some had already Japanese provinces capitalised at twenty million yea, satisfactorily dealt with vice, but it of which six million will he offered was necessary to proceed prudently

and cautiously. to public subscription.

►

(REUTER'S AMERICAN BERVICE] Mr. Lamont Going To Japan.

New York, Sept, 17th.

In response to an invitation from prominent Japanese banking and Gaverumental friends, the banker Mr. T. Lament of Messrs. Morgan's is sailing for Japan to-day, It is stated that no loan operations or business negotiations are contem- plated

AMERICAN LEGION IN.

FRANCE.

NATIONAL HOLIDAY

PROCLAIMED,

A LEAGUE PLAN FOR PEACE.

FRENCH DELEGATE'S

SCHEME.

(THROTOR RETTÉK'a AGENCY.]

GENEVA, Sept. 16th.

A comprehensive plan for ap- proaching the disarmament prob- lem by way of security guarantees, was submitted to the Disarmament Committee by M. Paul Boncour (France), firstly providing for the rapid convocation of the Council in the event of an international crisis; secondly providing that each Power should be assured of collective.ald WAR MEMORIES REVIVED,

being, organised by the League, be cause such action would tend to pro [THROUGH ZEUTER'S AGENCY.)

vent war and eventually protect the CHERBOURG, Sept. 16th.

victim of aggression; and thirdly the American Legionments with the object of creating Owing to

the conclusion of arbitration agree- making an exception in holding its

national convention this mutual confidence among all the year in Paris, the French Govern-on to enforce the various articles States, and also systematic prepara- ment has proclaimed September of the Ceremast, and making the 19th national holiday in honour terms of the Protocol more elastic

Annual

of the visit.

two

Headed by General Pershing, former commander of the American Expeditionary Force, the last con- tingent of ove: 18.000 Legionaries arrived at Cherbourg to-day, aboard the finer Leviathan, convoyed by American destroyers. In memory of the war time convoys, the American troopships were wel comed with the booming of salutes by warships, a babel of siren-blow- ing and droning of aeroplanes, and enthusiastic cheering. The men marched to the town hall, where they had a civic reception, and then entrained for Paris.

Paris Gives Thunderous Greetlug.

PARIS, Sep 16th.

A thunderous greeting awaited General Pershing. He was wel ecmed by M. Painleve (War Secre- tary) Generals Petain and Gou. raud, in a background of flags and soldiers in uniform, popular shouts and bands playing American patrio. tip-airs.

The principal streets were illumin ated and there was dancing all night long in the public squares.

EARTHQUAKE SHOCKS IN THE CRIMEA.

(THROUGH ASTER'S AGENCY.]

Moscow, Sept. 17th Further earthquake shocks were, felt throughout the Crimes. Slight damage was caused at Simferopol and Sebastopol and a rock known as the Prophet Elias" wäs dis- lodged at Sebastopol.

A "BOMB" IN THE LONDON

UNDERGROUND.”

[BRITISH WIRELESS SERVICE]

Rugay, Sept. 16th. What was thought to be a bomb, was found during the night in tunnel of the Underground railway near the Temple station,

Upon examination by the police, it was discovered to be nothing more dangerous than a tin contain ing one ounce of black magnesium powder, which is used for flash light photography.

in order to permit the signatories to determine their obligations pro- portionately with the ties aniting the various nations according to geographical situation,

BULGARIAN KING. VISITING BRITAIN

INCOGNITO.

[BRITISH WIRELESS SERVICE.]

Broby, Sept. 16th. King "Boris of Bulgaria, which country was

enemy of Great Britain in the late war, laid a wreath on the grave of the British

an

Unknown Soldier, in Westminster Abbey,

He was accompanied by four members of the Dulgarian Legation staff.

King Boris, whose visit to this country is incognita, has been stay- ing with Sir Alexander Kay Muir and Lady Muir at Blair Drummond, Perthshire. Lady Muir is a daugh ter of the former Bulgarian Minis

ter in London.

His Majesty visited King George and Queen Mary "at Balmoral on Tuesday, remaining until yesterday, when he came to London travelling 14 an ordinary passenger on the night express from Aberdeen!

SHANGHAI ŚTRIĶES.

EMPLOYEES OF JAPANESE PRINTING OFFICES.

SHANGHAI, Sept. 10th. Members of the Japanese Print- ing Employees' Union of the Eastern district yesterday morning went on strike. The Unification Committee of the Shanghai Labour Unions is reported to have taken the attitude that the demands of the workers are reasonable, there-{~ fore the Committee will make no

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WILKINSON, HEYWOOD & CLARK

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS..

SEPTEMBER 17TH; 1927. A.K. Bank ...$1;130 buy.. 1,115/1,120 84,

Do. London...2119 nom, Chartered Bank... 207

buy. Mercantile Bank‚A. &Ƒ.....£32 nom. 0 2131 дом Dan

293 buy. Bank E. க East Aria Back......................dié som.. Canton

Ingarance.... Chins Underwriters ......$1į nom, North China Ins.......Tl. 143 now. Union Insurance ......$992 sel, 290 sa.

M: $40 buy. China Fize Insurance....3210 buy. Hong Kong Fire Ins.......$600 sal Douglases.....un

$63 buy.. Steambosis.**** Hong Kong Tugs Indo-Chinsa (Pref.).......930 nom..

Do. (Del) Shell Transports Btør Ferrics Waterboats. China Suga Halabon Bugars Berguets ******* Langkata (combined). Kailan Mining Ad,

Do. (single) S'ha Explorations

Fanize Insurance S

رجم

SHANGHAI-HONGKONG

EXCHANGE..

CLOSING QUOTATIONS,

OF LONDON.-

September 17th, 1927.

Telegraphic Transier

Bank Bills, on demand ...1/11 9,15 Baak Bills, at 30 days' sight

Bank Bills, at 4 months"

ht

1/1

Credits, at 6 months sight 2/04 Documentary Hills,

months' night...

Or PARIS.-

Bank Billa, on demand

4

200

"

Ha

1,915

Uredits, 4 months sight. 1990

Yo

OS BOMBAT.-

Telegraphin

Bank

[es

EXCHANGE RATES.

[BRITISH WIRELESS (SERVICE.]

Rocar, September 18th.

Paris

Brussela

Amsterdam

Berlin Copenhagen

Vienna Helsingfors..

Lisbon Bucharest....

Buenos Aires

New York

124

34.99

12.133

20.44

19.16 31.491 192

1.7/16

785 47.15/18

4.80.11/32

Ou N

Genera

25.92

Bank

Bills, on demand

47

Milan

89.38

Drodite, at 60 days' sigkitan re

4

Stockholm

18.09

Orio

18.41

Transfer

Prague

163}

on demand.. 1302

Madrid

28.56

Atheas

366

Tin

1304

Bombay .....

5.27/32 1/6.31/32

1/11.5/32

791

2/81

1013

Hong hoạt

1/11

05

ÜN CALCUTTA.—

Telegraphic Transfer...} Bank Bill, on demand... ON SHANGHAL

[el

318 bay.

92/- nom. $54.60 buy. 317

Ox

$15 sel. ..380 me!.

20. nom. .58/9 bez .Tla. 17) buy. Tls. B buy. Th. S.16 buy. ***Tis. Ef buy. -

efforts to restrain continuation of Shanghai Loans 34 bay. the strike.

Workers of the Kiwa Cotton Mills, owned by the Japan-Chins Cotton Mill, yesterday were re- ported to be on strike and it is- feared that the strike will extend Reports that the tin contained a

to other mills. So far as the Kiwa charge fuse are denied, and the mill is concerned the management suggestion published in certain is not at all worried over the situa. newspapers that an attempt had tion as it was planned to reduce been made to blow up the tunnel operators owing to the low price by Sacco and Vanzetti sympathisers of cotton goods and the high cost is accordingly shown-to-be-un. founded.

A PRUSSIAN LOAN FROM AMERICA.

on

[THROUGH REUTERʼS' AGENCY,]

BERLIN, Sept. 16th. The Prussian State Bank, behalf of the Prussian State, is negotiating with America for a 6 per cent. loan¦ of * G. $30,000,000, probably to oe issued at ruj to 57.

of raw cotton.

The employees of one of the mills operated, by the NW.K. Cotton Mills yesterday were still on strike. This strike was brought about hy, professional agitators and Communista, it is believed, and is pot the result of dissatisfaction by. the majority of the workers. Demands for recognition of the old notorious Shanghai General Labour Union" and an increase in wages have been made. Other mills-of the concern were operating na usua! "yesterday==Shanghat Times.

Baudste Tronoh Minas

Ural Caspisa 10... H.K. & K. Wharts HAK, & W. Docks.... Hongkows..... New Engineering. Shanghai Docks H.K. & S. Hotels B.K. Lands

Realty Hong Kong Res A Territorials Humphreys Estates Prince's Buildings

19/3 nom. .bl. nom.

1142 bày, 115 s

35 nom

T'a, 141 buy. Tla +4 buy..... Tls. 02 buy.

BOM

56) buy.

102.

$14 nel: ....$124 buy..:

......

KWD Cations ........... 7.65.com.

Shanghai C

Orientalso mana 1 buy.

Catlone (old)... The 47 non Do. (new)....... 25 nom. China Busca H.K. Tram-ays ... $20 pops. Peak Trams (old)

Da.

47_nom...

$14

FOL

27

BOL

.$1 nom.

Singapore Tractions.....11/6 buy.

Amusements—...... ...$23 nom. Osuton Ico$5 om.

(Continued on next Column.).

Bank Bills.

st sight Feirste, 30 days sig Oke, — () 11 0

On

sight

demand,

On demand... 84

02 B-On demand

On Hatron-On deguand...

On Ba-On demand

ON BANGIOL-On demand

ROLL

951

Sorkalior, Bank's Buying rate 89,83 Gozo Lamar, 100 fine, per fasl.... BAR SIL.TEX, por of

Cementa (combined)..............$7 sal,

251"

Do. (old).....$6,60 nom.. Do (new) sol Obina Lights (comb.)......312) bay,

Da (old)......$9) DOM. Do.

Chire Providents

Dairy

Der A-Winge HK: Electrica

مهما

Do

sal.

„Sibi com..

33-nom. ..$53 ADM. buy.

Macao Electric HLK. Борет

par (old)......$10 nom,

(now)$5 now. Orawford soi

.822 80%. Mackintosha...... Sinceros United Asbestos $12 zel Watana (old)

silf nom. Wm. Powell

...............$5 sol.. Telephones....... 3.70 #ol.

bay-bayeri; sel-sel

Yokohama

Shanghai

Silver spot & forward 25

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