1934-05-28 — Page 12

$12

CABLE NEWS IN REDUCTION IN

BRIEF

(Special to "Hong Kong

Daily Press"}

(By Talegraph, Copyright, Telu graphia Manages Ordinance, Becelred, May 25. 4.30...)

1994

TAXES

But Revenue on The Increase

HONG KONG DAILY PRESS, MONDAY, MAY 28, 1934.

·SCHOOL CRISIS

Funds Urgently

Needed #

Manila. May 24. London, May 25.

Mayor Tomas Earnshaw in a [Special to the "Hong Kong Dally Under the headlines "heads of,"

press statement yesterday" declared "Pross” (Copyright)] the "Evening News" reiterates the

P

that the elty is confronted with a demand that the president of the

Berlin May, 25. gray school crisis which has reach- Although many forms of taxs-

ed a stage heretofore unexperi- Caar Commission. Knox, resignation have been reduced substanti- because as long as an Englishman ally by the present Reichs regime,

enced as the schools open in June. occupies this post, it will be in

The mayor declared that appro- State revenue evitable that England will be drawn

toximately 1800 new pupils will seek increase. This again was erem-enrollment in the different ele into the quarrel.

The fate of the Saar is a matter

plified in April, 1934, the taxation concerning only France and Ger having brought in altogether 598.1 many and nobody else. When the million Reichsmarks as agamist plebiscite is held. concludes the

488.4 million märks on April, 1933 article, there will be an overwhelan increase of 110 million marks ming majority in favour of a re-in only one month."

turn of the Saar territory to the "Relcha-Transocean Kuo Min.

SOCIALIST. ARRESTED

Vienna, May 25.

still continues

This improvement is largely

proved by the fact tax realised

attributable to the decrease in unemployment unburdening the Government from relief pay as that wages four millor inarks A Social-Democrat was arrested more in April, 1934. than in April on Friday on a charge of having the previous year. But the wages dynamited the world famous Fets-tax has itself been lowered. "Had piel Theatre at Salzburg, accord- the tax remained the same as be... ing to the newspaper "Reichspost. The auspect is believed to have been formerly employed by the Salzburg municipality and a mem- ber of the "Defence League" which organised the tragic insurrection In February.-Transocean Min. "

Kuo

DOCK STRIKE ENDS

London, May 25. The strike of a section of dock hands ended on Friday. Although when the vole was taken the ma- jority decided in favour of resump- tlon of work on Monday, a num- "ber of malcontents wanted to pro-

long the trouble.

When Secretary Bevin of the Transport Workers' Union was leaving the meeting, about a dozen die hards tried hard over-turn"

only the

of

the

his motor car,

to

spirited intervention Police saved the situation.-Transocean Kuo Min.

mental y schools next June and

with the present limited accommo- dation for new comers, the city will have to find a way out to solve the problem. "I am deter- mined." the mayor said, "to pro- vide rooms for all these children at all costs. Recently, I recom- mended the appropriation of P38,- 710,00 was requested by the super- intendent of city schools as would be necessary to open 38 additional classes notwithstanding the ob- Jections of the city treasurer, understand the municipal board has acted upon it favourably."

"In the event that the sum is not

forthcoming. B will, request the di-

fore, the wage tax for 1934 would be 8.25 millions more than April. 1933. The turnover in tax like-rector business. Increased wise shows that the volume of considerably. the amount. collected in 1934 being 158.3 million marks as against 120.9 millions in the same month of last year, despite, the

PEIPING AND MUKDEN

Resumption of Traffic Opposed

are

General

From Our Special Correspondent

Canton, May 25. Kuomintang.. leaders here paying close attention to the deve- lopments in North China following the report that both Chiang Kai Shek, President of the Nanking Mission, and Mr. Wang Ching Wel, President of the Rx- ecutive Yuan and concurrently Minister of Foreign Affairs, are favourable to resumption through railway framic between China and Manchuria

UNDERMINING THE REGIME"

Denials in Canton

(From Our Special Correspondent)

Canton, May 27 Mr. Chaw Lu, member of the South-west Political Counell and concurrently Fresident of Sun Yat Sen University, declared to- day in an interview with corres- pondents of foreign newspapers and agencies that there is 20 truth in vernacular press reports

emanating from Hong Kong that Mr. Yang Yung Tal, former com- missioner of finance here and two

former Cantonese generals 01

The South-west Political Council and the Kuomintang South-west Executive Committee have made known through circular telegrama their opposition to the resump- tion of through rällway trame on the ground that such arrangement may be interpreted as recognition

of the Manchukuo.

Following the stand of these two organs, the semi-official public bodies here and the country Kuo- mintang headquarters have issued aimilar circular telegrams oppo- sing the de facto recognition of the Manchukuo Others 80

are

sent here to undermine the South- west regime.

These reports gave a surprise here, because Mr. Yang is a Can- tonese and has demonstrated his

political talents for a high officişi

post. At present he is secretary at General Chiang Kai'Shek's feld headquarters in Nanchang, He was once mentioned as governor of Kwangtung, but it turns out to be groundless.

It was stated that two former divisional commanders named Wu and Huang were appointed by Nanking to be commanders of the vanguard in the coming attack on Mr. Chow declared this report is also without founda- tion.

Kwangtung. "April.

fact that the turnover in the tax on agricultural produce was re- duced last October from two to, one

Kuo per cent. Transocean

Min.

MORE TROUBLE AT YEMEN

of education to introduce the split session system in all the elty schools of the city." I am not very much concerned with the high schools because I am of the belief that it is the primary and bounden far as to demand the cancella- duty of the city to provide elemen- tion of the Tangki armistice and tary education to its inhabitants.the punishment of General Huang

"The split session system was in- troduced in some schools last year and according to reports I received" it worked out, well. For that rea- son, its introduction in all ele. mentary schools is the next, thing to be done to solve the problem."

accom-

(Special to "Hong Kong Daily Press")

H. A. Bordner, superintendent of (By Telegraph, Copyright,

Tel city schools sometime ago, request graphic Messages Ordinance, and

1894ed an additional appropriation of Received, May 27, 4.30 a.m.)

P39.710.00 which amount is urgent Cairo, May 26..

ly necessary to provide Messages from Djedda report modations for all children seeking that the commander-in-chief of enrollment next June. The city Ibn Saud's forces, Emir Felsal has superintendent plans to been ordered to advance on the additional classes, 29 in the prim- open 36 Yuemen capital Sanax, means that peace negotiations be; mediate. According to his esti-

This

ary grades and 7. in the inter- tween, Ibn Saud and the Imam of mate the opening of 38 additional Yemen were fruitless.

classes will be sufficient to accom-

ARCHDUKE EUGENE

Vienna, May 25. Archduke Eugene, arst member the Hapsburg house who has returned to "New Aus- tria" paid a lengthy call

of

80

the two South-west

According to cable. reports re- ceived here to-day. Mr. Ariyoshi, the Japanese Minister to Chizia is due at Shanghai to-day or to with Nanking officials on the re- and resume discussion

cognition of the Manchukue and closer relations between Japan and the National Government. Minister Ariyushi has instructions

morrow

to effect economic alliance with China to the end that all foreign assistance. comes only from Japan.

"Questioned with regard to the impending recognition of Manchu

the

Explaining the policy of "pro- tecting the province and people.". Mr. Chow said this stand means warding of invasion and afford, ing the people to" live in peace and contentment.

THE BEN LINE STEAMER, LTD.

S.S.B

"BENREOCH"

Loading About 12th JUNE

for

LONDON, ROTTERDAM, HAMBURG and LEITH

M

For Particulars Apply To GIBB LIVINGSTON & Co., LTD.,

P. & O. BUILDING.

THE SHARE MARKET Harriman's Weekly Review

The market was inclined to be more active during the past week character the main turnover be- but very little was of a speculative

ing in the investment section where rates were very well main-

Kong up with

PHONE 28031.

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES:

OCEAN STEAM SHIP CO, LTD, CHINA MUTUAL" STEAM NAVIGATION CO., LTD.

AND

YONSIGNEES per Co.'s Venet "SARPEDON".

Fox UNITED KINGDOM VIA BINGAPORE

inte Holt'

are hereby notified that their Cargo will be discharged Wharf, Kowloon, where it will be at Consignees risk and subject to Terms and Conditions of Storage at Bolt's Delivery from Godown on and after Whart. The Cargo will be ready for. 14th May.

Optional Cargo will not be landed here antess Notice has been given prior to Steamer's rival, but carried on from port to port to the final port of call to which the

option extends All broken, shafed and damaged Goodr are to be left in the Godewis, where a Fridays between the hours of will be examined on any Tossdays 10,45 A. and Noor within the Frog Storage period

And

No Class will be mimitted after the Goods have left the Steamer's Godowa, and all Goods remaining nadelivered after the 31it May, will be subject

to Bent.

I am going to see Dr. Luther Fu. Chairman of the Pelping Po-ko. Mr. Chew said that this Bewley about the matter one of tical Affairs Readjustment com- might be effected by a new form these days,

mittee who negotiated that agree- such as resumption of through spired by ment. All these messages are in-railway traffic between Pelping ained and in few instances ruled and Mukden through an interna-

Armer. Hong

Electrices offices.

tional travel service to be organisere marked

business ed by a foreign concern.

done at $73.75/74.00. Hong Kong tion of the Manchukuo is not con- $25.25/26.40. Hong Kong Trams "The opposition, to the recogni.Lands at $82, and Telephones at

fined to the South-west but were steady with shares changing throughout

country," Mr. hands at 82120/21.30 and Wharves Chow continued.

$1044/105. Stefling counters "The South-at west la bound to oppose such re-

were more or less unchanged with cognition, although the form of

Hong Kong Banks in demand at opposition will be decided after the recognition becomes an ac-

81850 and Unions at, 8575 ex divi- complished fact."

dend. The main feature. of the week, among the minor issues, was the demand for Cements which sent the price up to 82.65 at the close. Hotels were steady at 86.00 after a quantity of business had been put through at $8.10. China Lights opened steady with buyers at $9.but eased on slightly to- wards the close with sellers at 88.95 and business done at 88.35. En- tertainments were done at $7.50 Provident (old) were dealt in at 81.90 with further small parcels offering at this figure. Under- writers were a shade easier with 24th May, 1974, business reported at 813. The tone of the market at the close is quiet. The Weeks Raten Wharves 81041/105.- Hong Kong Electrics $753/74.- Macao Electrics 8241 Hong Kong Trams 821.20/21.30 Telephones (old) $25.40 Hong Kong Lands $82,- "Dairy Farms $25.50

China Lights (old) 98.95 Hong Kong Hotels 86.10 Entertainments 87.50 Cements 82.45/2.65 Constructions (öld) 81.80 Antamoks 10 cents,

The responsibility for this fal-modate all new comers, and on Dollfuss on Friday. Ac-lure is said to rest with the Imam's cording to an official communique son who advocated the rejection the city treasurer, he expressed his When the matter was takes with issued after the conference, the legitimist leader expressed thanks sumption of hostilities because he claim that the city is running short of Ibn Saud's, terms, and the re-objection to the proposal with the to the Government for the ap believed the Wahabites would meet of funds. He added. however, that proval of self-repatriation.

crushing defeat in Sanaa- he will approve the release of the } Transocean Kuo Min.

amount requested provided that new sources of revenue, could be found to offset the decreasing in- come of the city government.

Vice-Chancellor Fey later in the day paid a call on the Auchduke at his lodgings.-Transocean Kuo Min

+

♫

to

was exceedingly small. Call money BACK TO THE FARMS

4. to 41, Young Loan improved

to 01. Reichsbanks rose Breslau, May 25.. All industrial workers in the por-

150. Dye Trusts advanced #to vince of Silesia who have been ori- 133, Salzdetfurth Potash was į

armer ginally employed as farm hands

at 144 German Steels will be sent back to the country-Trusts dropped to 401 German side under the provisions of a spe Mineral Oils jumped 11 to 1154. Simmenshalske was higher to

nar. Brueckner:

cial decree by the Silesian Cover-132, Bamberg Rayon rose 1 to 64%

The decree requires all industrial

Continental." Linoleum jumped employers to investigate the past 3 to 831-Transocean. Kuz Min."

history of their workmen and dis- charge those who have been train- ed for farmwork, replacing them from the ranks of the Industrial jobless.

The ordinance emphasises that Silesian agriculture was now des- perately needing both male and female labour and characterises as "sabotage campaign against un- employment" the. Ulogical pro- cedure. of awarding jobs opened up by work crea- tion projects to those who al- ready have something to do Transocean Kuo Min.

SECRET ARSENAL UNEARTHED Large Quantity of Arms Seized

4

Wälle. General "Chiang Kai Shek and Mr. Wang Ching Wel favour closer co-operation with Japan in

North China and Fukien, a section order to prevent disturbances to

not wish reconciliation as long of official opinion, in Nanking does as Japan occupies Manchuria

ON THE HEELS

OF MO PU

Notorious Bandit

Leader

STATE OF EMERGENCY

IN MADRID

(Special to "Hong Kong Dadly "Fress"} (By. Telegraph, Copyright, Tele graphic Melinger Ordinance, 1894. Beceived, May 27, 4.80 a.m.)

Madrid, May 26. The Government has decided to prolong, for a further period of 30 days. the itate of emergency now prevalling under the Madrid re- gime. The decision is motivated by the fact that agricultural ̈láb- ourers have threatened to strike on June 1.

In view of the danger involved (From Our Special Correspondent) by the threat as regards bringing in the harvest it, was decided to take the necessary masures to en- sure its successful accomplishment.

Canton, May 21. Brig.-General Fan Tak Shing, while the military authorides Pacification Commissioner of Cen! Transocean Kuo Min.

arms

the

DECLINE IN NOTE COVER

(From Our Special Correspondent)

Canton, May 25. Berlin, May 25. Still another decline in note- suspect that the secret. cover to 4.6 per cent was shown factory at Shek Pel'is operated by by the Reichsbank return for the reactionaries who are anxious to period ending May 23, published create troubles in Canton

Friday night whereas on May primary object of running, this 15. the note cover was 4.6 and on plant is to sell arms and muni- May 7, 5.4.

tions to bandits as a commercial Goldstock decreased by 13.9 mil-venture, it was learned to-day.. Ilon marks to 147.0 millions but The secret arras plant was foreign currency reserves increas-raided on last Saturday night by ed 2.3 millions to 7.6 million marks the artillery garrison at Shek making a net decline in cover of Pel, and machine guns, automatic 11.8 million marks to 154.5 mil-pistols, Mauser pistols, revolvers, Cons. Note-issue shrunk 97.2 mil-over 1,000,000 rounds of ammuni lion marks to 3363.5 millions. The tion bags of tungsten and lead amount of credit issued as mea were found. They were all stored The fatest statistics recording sared by bills, cheques, advances up in a big dark house, well bid- the number of members of all Gerd investments dropped 70.3 mlden by shrubs and trees. man Bickness Insurances-mem on to 3303.2 million marks.

SICKNESS, INSURANCE

Berlin, May 26...

Hership to which is compulsory Transocean Kuo Min.

for all German employees-show pa further increase of employ- ment by 640,000 during April. The fatal number of German employees thus amounts to 35.326,000 or 2- 28,000 more than at the same date in the previous year, 1e. altogether 3,838,000 more as against January. 1933 when unemployment was at worst.-Transocean Kun Min. A SLUGGISH MARKET

Berlin, May 25. As the hopes aroused on Thurs day night that the Transfer Con- rence would end and publish a Teport were not realised, "the market again became sluggish pecially after the Reichs Banks a further gold

Ešturns showed

BEICHSBANK QUOTATIONS Berlin, May 25. Reichsbank Quotations without guarantee:

New York Paris ....... Amsterdam

Paris (sterling) Paris (dollar)

were

Seven inmates of the arsenal arrested including Major Poon Chee, a detective attached' to the Central District Rehabili is a native of Shek Pel and was tation Office. The arrested ofcer

a brigadier general in formerly the defunct fifth army at Honam 595.98 suburb. It is believed that Poon secured all the machinery and equipment from the former arma- ment works of the Afth army and started the secret arsenal at Bhek Pel

39.39

58, 77.09 15.145

CHINA'S LARGE ORDER

FOR LONDON-

London, May 26, The Chinese Government has placed a large order with Stand ard Telephones and Cables Limit ed, London for supply of materials Eyen the news that about 640- to wireless stations for the purpose more people are now employed of linking up all the big towns in an at the same time last month China by telephone and tele Has insumcient to enliven the graph.

•

hole market though some share Many new features are incor- res, rose.

porated in the gigantic plan. The xed interest. securities prices first part of the scheme will be held up but the turn over completed early in 1935: Reuter,

tral District, who assumed his post only yesterday, turned his attention "to-day to the return of Mo Pu, notorious bandit leader, to Shun Tek, on the West River, where he will resume looting the people and combating with the government forces

"The Central Pacification Head- quarters learns that Mo recently returned from Shanghai where he has acquired" over 8300,000 in doing proper" business, which is still flourishing. It is known that for his followers who are, instruct Mo Pu has brought back 8390,000

ed to disarm. government troops.. Mo'a gang is about 200 men who are lurking in Tung Sal Ma Ling, and Kong Chuen Tou, hamleta in Shun Tek County, famous for its silk industry. Although these bandits have not yet molested the people, troops are sent there to day to clean up these rumans. It is believed that they are con nected with a political faction in" North China, as Mo can make a decent living at Shanghal without returning to his old risky job.

German Share Quotations

General Electric

A. E. G.

Continental

Casualhouc Gelsenkirchen Mining Co. German Dye

Trusts

TRANSFER CONFERENCE

(Special to "Hong Kong Daily Presa") (By Telegraph, Copyright, Tals. graphie Mariager Ordinance, 180 Received, May 27.4-30 a.m.)

Berlin, May 26. The Reichsbank announced on Saturday night that the transfer conference held a plenary session Hamburg Amerika at 6 o'clock. In the last few days conversations had taken

Line

continuously, among various dele-

place Harpener Mining

Co. gates whereby considerable pro-Mannesmann gress had been made. It was de-Roehren cided that the next plenary session No German Lloyd will take place on Monday after-Reichsbank Kuo Min. noon at 4 o'clock. Transocean Rhenish West-

IMPORT PRICES

The reports an prices are pub- lished as supplied by Importers.

Cotton Pisce Goods and Fancy Cotton Goods The following reports have been received

25

be presented to the Undersigned on or All Claims against the Steamer must before the 14th June, or they will not be recognised.

No Firs Insurance will be elected. BUTTERFIELD & SWIBF,

Agents,

[2677

BERLIN SHARE MARKET

Market Reported To Be Firm

Berlin, May 26, Considerable disappointment was felt on Saturday that the trans- Ver conference. did not conclude in the forenoon as expected: This setback combined with the usual 24.125 week-end laziness prevented any revival in the aharemarket busi- ness. Prices, nevertheless, were firm, partly because of the favour- able state of the Reichs finances already reported by Transocean, and the announcement that the consumption of electrié power this year had greatly increased, acted stimulatingly.

151.75 151.75

.60.25*

60.125

133

134.75

20.875 21.50

90.75 92.50

02

62

28.375 27.25 149.50 150,75"

95.50

phalen

96 Siemens Halske 133

133.50 United Steel Worbs 40.50 40.375 Young Loan

01.25 91.375 Transocean, Kuo Min.

business placed this season is much below normal.

Fixed interest securities almost unchanged. Call Money 4 to 44.. Young Loan advanced to 918. Reichsbank improved to 1504 Dyetrusts rose to 134, Baledet furth Potash unquoted last price was 144; German Steeltrusts better at 401, German Mineral Olls Jumped 1 to 116, Slemen- shakake advanced 1 to 133, Bem- berg Rayon declined 7 to 631. and Schubert and Salzer, niachine makers, alumped 31 to 151

Business In both shares and fix-

In assuming his new duties.

Operations in Art Sük Tam, ed interest securities dragged the spare no efforts in rounding up General Fan declared that he will

which have been on a fair scale whole week through because the the lawless elements and in pro- Goods continues very quiet and as a result of restrictions by the as had been expected go thất The market for Cotton Piece recently have now been curtailed transfer conference did not finish moting rural reconstruction, and apart from a few sales of spot: customs authorities. other developments. The Central Pacification District includes Can ton Shun Tek County and other rich and prosperuus area around this metropolis,

This private plant had been in operation for some time, but as Poon is a detective no one sus pected that he was running such a factory Bandits and political agents were customers of this plant and bought guns and ear- tridges at "market prices.

Investigation is being made to ascertain whether apart from illegal trame the arms manuface turers are connected with Teac- tionary agents from the North that as many of them are reported to had be active in Canton and other his places nearby:

General Fan believes that rural conditions are Improving bandity will be automatica

de- creased He

cargo, there is nothing new to report

hand are those of the 21st ist:

The latest Cotton prices to

American Mid. "Spot", 6,200. Egyptian Sakel-F, G. F

Spot

nervousness increased. Publics- tion of the Reichsbank return an

Wallace, hitherto an unknown burdened the market.

Friday, showing a still further loss London, May 25, in goldstock and a red The English handicrafts worker note-cover to 4.6 per player, won the amateur golf these depressing influen championship on Friday by de favourable reports abou feating the best players in Eng-vement in the economic land and America, including four acted as corrective 80 A few further orders are reported members of the American Walker declines were not as

have been fixed up in Woollens Cup team. The American player might have been feared

ing the firmer tone in ex- Lacon Little

DAWAS runner-up turnover in both markets remain but the tot lume" of Transocean Kuo Min.

ed gmail

ocean, Kho Mtn.

Woollens

8.424.