1935-05-29 — Page 12

12

11

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Bayern Juliasm Guire Vanitost

$1,000

4123

214

231 £13

TUESDAY. MAY 28%

Banky

H.K. BADIS

Snarebrokers' Association

isa (London)! Ubartorex Bakka ....... Mercantile Bics. "A"

Do.

O

Bank of Bast Asia.........

N. G. & Ș, Backs ... Am. O. Fìn, Corp: 9.

Ch. Fin Carp. Urd. 8.

Do.

Pref. S.

Laseranses

Canton Larangos,...

Underwriters

MULYATO

Salteri

Union Insurance $320

$203 31

13:39

ex diw $389

China Fires.........

H.K. Fires

$200

International Assce, S.

341

A

#331

Douglases

$281

14

Steamboat Summ

130

Lados (pref.)

133

Do, (def.)

Shelle

71/101

Waterhosta

Mining

Sui

xsta Autamoks

$3-4 Balatcos....

lets. Baguio. Golt

$11

Bonguat Consolidated

Do Exploration 1 atm,

*

United Paracales...(20 ot.

11 oth

3SJA

23

E3

fox div.3203

ex div.

ox div. 3389 $195

63hcts.

fil cts.

3.1 330

$33

72/6 SILE

19 cu.

3:0

10 Dis

10 ch.

Da... Goldfield

8 at

Big Wedge.....

7 et

Gold River.

KONCIE

Gold Crook......................

12 et

Salacot Mining

Sh cts.

Ipo

Mizing

30 at

Itogons

Kultas

Laugkats (single: 5.

Explorations.evanı Di

18: "SIN 341

Shanghai Los

5.

17/3

$14

N

14.10

10/0 22/6

35

+

8511

182

Kaub

Vanczuam Gola Flds.

Docks, Wharves,

Godowns, sta.

H.K. & K. Wharves,

(Cum. Rights)|

Do. (Ex. Rights)

Do. (Rights)

176 ctx. Providente (old)...

H.K. & W. Docka

S. China Motors” A'

Du

#110 Shanghai Docks S.

}} sw, Uo.

(18)

Bulidings

4. K. Klaudis

H.K. Länd................. Do. 4% Debentures Shanghai Laude...0. Avrupolitia Laada...

N

$30

3901

th

$80 $4

25 ct

20 ct

$110

267

New magimeediam D. HUNGRYWA Lu, Hotels, and

$4

3.

!

$30)

3100

1201

Blu

37

3132

China ...... Do. Debentured 3.

18

New Asia Hotel...

Hamphreys ........

$33

"B"

$90

Chinese Estarem....

38.30

Asia Hoaltion "A".

Du

Cotton Mil

Ewas..***

17 Sual Outcastelá,

18.10.

$43

Du

284

Young sing.....

256

Wing On Textiles(S.)

$44 89.40 $35

Public Utilitie

$11.80 Tramways

311.80

Puak Traum (old).....

18)

$6

Ba (new)...)

14

177

Scar Furgica ...............

$78

Yaunisti Ferr

H

$17

55,66

*$*0

11

17.93 58/584

---

$234

83

$114

181

110

$13

11.80

$6.20

$18.90

$1.86

$8.40

$140

Macao do.

Du

Tractions

A

$18.75

Ubina Lights...............$7.90

HK Metrica .......

Sandakan Lighta ...

Telephones (old)

Chias Buses .......

Do. (pret --- --

Industrial

Malabon Sugar

Caldosek, ord.)

Macgregors (pref. 18.

Canton Ico

Qements

Hopes.

Miscellaneome

Dairy Farmaci

Amusements ......

Ch. E'tainment...... 15 Constructions,' (old)}

Da.

(40)

Lane Crawfordsv Mackintosh

Naugang Tobacco...

Sinceras

WAISUUS. 201

Wa Powells

M. Greyhounds

S. C. Enterpris

1997. Ch. G.6419260,2Bdk | 92%"

1.5. Govt 4% Cana

Do

Wallace Harper......

;:;: ལྦ ,:‚!

HONG KONG DAILY PRESS, WEDNESDAY, MAY 29, 1935.

RECONSTRUCTION OF THE CABINET

Expectations In Britain

London. May 27. The zero hour for the British Cabinet reconstruction is expected to be rung on June 7, when the House of Commons rises for the Whitsun recess.

1.

It is then expected that the Prime Minister, Mr. Ramsay Mac- Donald, will, resign and that Mr. Stanley Baldwin, the Conservative

leader, will assume the Premiter's office. Mr. Baldwin, it is stated on the best of authority, will be sum- moned to Buckingham Palace the moment Mr. MacDonald's resigna- tion is received, and will be in a position, doubtless, to announce his Cabinet forthwith. "

The present complexion of the Ministry. Its Nationalist structure, will be scrupulously maintained.

The most dependable forecast of of, the Cabinet shume at prum sent available" is as follows:---

\Mr. Baldwin will be Prime Minister;

Mr. MacDonald, will become a Minister without portfolio:

Sir John Simon, present Foreign Minister, will succeed Mr. Baldwin: Mr. "Anthony Eden will succeed Sir John Simon;

Lord Sankey, Lord Chancellor. will retire, to be succeeded by Lord Halisham. Then,

In order to redress the party balance in the Cabinet Mr

Malcolm MacDonald, son of the present Primë Minister, will enter the Cabinet and Mr. Oliver Stanley will succeed Lord Halifax at the head of the Board of Education, and Mr. Ernest Brown, Becretary of the Mines Department, will succeed | Mr. Stanley as Minister of Labour.

-Reuter.

TRIBUTE TO EDEN

London, May 27. In the House of Commons, Mr. George Lansbury, Labour leader. paid a rare compliment to Mr. Anthony Eden for his conduct of the Italo-Abyssinian negotiations at Geneva.

Replying to a question, Mr. Eden described the agreement reached, remarking that the Council of the League would remain in close con- tact with the situation and would meet again to deal with the matter,

should circumstances render this

necessary.

Without suggesting that the Council's resolutions had finally disposed of the tension between Italy and Abyssinia, Mr. Eden said he was confident they repre- sented an important advance' to- wards a friendly solution of the dispute. Both parties had accepted the co-operation of the League in

NEW

YORK

COMMODITY

the

seeking a settlement. By so doing, Governments concerned had made a contribution, and it was earnestly hoped that this would lead to an early restoration of satisfactory relations. But for the spirit of conellation displayed by the Italian Government and the

co-operation

invaluable

of M.

Laval, the progress recorded could

not have been realised.

Mr. Lansbury, speaking in the name of the whole House, con- gratulated the League Council and the British representative, Mr. Eden, on the result of the con- ference. He added that everyone hoped this was the first and most important step towards an equit- able and permanent solution of the Italo-Abyssinian dispate.- Kenter.

"NOTHING OFFICIAL

Berlin, May 27. While nothing, official is yet avaliable with regard to the actual scope of the Anglo-German naval discussions, it seems almost cer- tain that they will decide how the total tonnage. of the German fleet, corresponding to one-third that of the British Nayy, shall be allocat- ed among the different classes of ships.

Germany is claiming the right to build a fleet equal to one-third at Britain's tonnage.

According .to the "National

asked to define how her own allo- Zeitung." Britain may also be

catton of tonnage will be made.

This paper thinks it possible

that a general naval conference between Germany, France, Italy and Britain may be held in the autumn. Reuter.

EMPHATIC DENIAL

London, May 27. Sir John Simon gave an em- phatic denial in the House of Com- mons to-day to a series of mis- statements recently published in Rome alleging that the British Government

had concentrated troops on both the White and Blue Niles and at Sobat and near Lake | Rudolph, had eurolled

natives, had built strategic railway towards the Abyssinian frontier, had constructed camouflaged land. ing grounds under the guise of playing fields, and had concen- trated aeroplanes at various fron- tler centres, and especially at Khartoum

African

I

These statements, declared a John Simon, were destitute of any foundation whatever.- British Wireless.

AND

STOCK QUOTATIONS

(Through, Reuter's Agency)

May 28 10.20 10.40 11.00 4931 4931 4931 11.72 11.71 11.77 11.42 11.43 11.47. 12.558 12.56 12.56, 12.708 12.87 12.86

Last

Sterling, New York-London

Close Open

494

Cotton: July

11.07.

Cotton: October

11.70

11.80

Rubber: July

| 38.20

Rubber: September

12.838 12.98

Wheat: July

877

871 87

Corn: July

3121

****།།

$2

Winnipeg Wheat: July

78 ,847

771

78

844

STOCKS

11.30

126 cts

American Smelting

454 452

451

451

441

43

Consolidated gas of N.Y.

223

231

24

231

23]

El. Bond and Share

.73"

77

72

342

General Mot„rs #..........

31

314 32

311

311

કંક

Int. Tel and Tel.

81

81 81 01

81

$3

155 ct.

Loew's Inc.

41

407

414

40%

401

Montgomery W.

271

281 273

271

271

$1.35

New York Central

171

17 171 17

167

Standard Of Co. of NJ.

preck.

$17.

U.S. 3teel

481 487 49 347

48.

471

354

34% 34li

34

prem

$106

HK. Wing On

ox div.

Shai Da

ox div.

$5

Vibeo Pileng.......

: : : :

131

U ota,

12

$1.35

LIQUIDATION OF FIRMS

Lawyers Await Decision

NEW YORK STOCK EXCHANGE QUOTATIONS APPEAR

ON PAGE 2

****

National Budget Approved

The

(Special to the “Hong Kong Daity Press" (Copyright.)]

Nanking, May 23. licy. A number of discussion's bad National budget estimates been held before the budget esti- for the 24th fiscal year, balanced" mates were anally" compiled and at $957,184 006, were approved by balanced. the Central Polliical Counchi yes- terday."

The estimates are to be referred of Company for appointment of a to the Directorate-General liquidator.

Budgets. Accounts and Statistics, for readjustment according to the solution of the Council. They will then be referred to the Leagisia- tive Yuan, for examination and .adoption.

The lawyers waited in Court all morning but nothing transpired, Judge Helmick continuing unin- terruptedly with the Felping Union Medical College cases,

OFFICES SEALED

Pelping, May 28. There is still no "sign when

Shanghai, May 28: Judge Helmick will announce his decision in connection with the Acting on the order from Judge American. | Helmick, the United States Mar- applications of the

Banking Corporation, zhal to-day sealed the offices of Oriental American Oriental Flagace Cor- the AO.B.C., the A:O.F.C. and the poration and the Raven Trust Raven Trust Company-

While the detailed, figures are not yet announced, It is learnt that compared with the budget of the previous fiscal year, the educa- tional and industrial expenditures are increased by over $3,500,000, it being the object of the Govern- ment to raise the intellectual stan dard of the citizens and foster the people's economic livelihood.

mires:

Owing to the reduction in nation- In adopting the budget estim- al revenue in consequence of ge-ates, the Central Political Council neral economic depression and the also approved the following mea- silver crisis, it has been dificult the budget without to balance abolition amalgamation of superfinous organs and enforce- ment of a'strict: retrenchment po- :

or

1 That the abolition or amal gamation of superfluous gov ernmental organs, should be effected as from the begin

|

CANTON NEWS IN BRIEF

S E. Levy

Japanese Official's Visit

(From Our Special Correspondent)

Cariton, May 29.

Mr. M. Matsumoto, Counsellor of the Japanese Forelan omce, ar-

rived at Nanning, provincial capital of Kwangsi. by aeroplane yesterday afternoon from Canton. He came to Canton on Sunday morning direct from Japan. After

a brief stay here he continued his trip to Kwangsi.

The Japanese visitor spent such a short while here that he had co time to call on the high officials here. However, he will return to Canton before the end of the week, when he will call on the

government leaders After a fur- ther stay in Canton, he will pro- reed northward, Officially, it is said that Mr. Matsumoto came to South China for sight-seeing, PAYMASTER DETAINED

Yun Brigadier-General

Hou, Paymaster General of the Kwang- tung Military and Political Academy is placed under arrest by General Li Yang King, Commah- dant of the Academy, for incom-

mis- petency, which amounts to management, of funds. The pay. master is relieved of his post pending trial. Brigadler-General Lo Wing Ching is appointed as successor to General Yun,

Other changes in the Academy include the relief of Colonel Wang Chung Kut, Chief Adjutant, and Colonel Yen Ha Man, Chief Sur- geon of the Academy. These men will be transferred to the head- quarters of the First Group Army and successors will be appointed by General Chen Tsal Tong, Superin- terident of the Academy.

Al

in

MEMBREX:

& Co.

1, ICE HOUSE STREET

INVESTMENT BANKERS 4" BEOLAYS

NEW YORK COTTON EXCHANGE

COMMODITY ROHANGE, 190. N.

CHICAGO BOARD OF TRADE

CANADIAN COMMODITY EXCHA

CORRESPONDENTS FI

WHINE, WELD & CO., NEW YORK

EXCHANGE,

INC

CHINESE PLIGHT

ABROAD

Sino-Siamese Negotiations

[Special to the "Hong Kong Daily

Press" (Copyright)]

East Indies alone. For example, there are exclusion acts in both Shanghal, May 20..

United States and Great Britain. Historically gram was very close France forbids the entry of Chi- nese immigrants into Indo-China. ly connected with China, until the latter part of the Ching Dynasty. While Australia and South Africa However, the two countries have excludes coloured races from their not yet even established diploma-territories. Speaking of more re- tic relations in spite of the fack cent instances, the colonial Gov- that "there are more than 3,000,000 Chinese residents in Siam com- prising one fourth of the popula- tion of that country.

be

devoted" to

erriment of Indo-China In 1929 fm- posed a special tax on Chinese

goods, thus dealing a serious blow,

to Chinese trade in. Annam. ›Re- Owing to this anomalous situs cently, about 200 Chinese were tion the Siamese Government has deported from Anham. In 1930 the MOVEMENT OF REDS

been able to put many restrictions. authorities of the Straits Settle- Three bands of Communists in a Chinese residents, and these ments forbade the entry of Chi- Yunnan and Szeghuen are moving have become more severe andese labourers Into the Federal States, "In 1932 anti- westward in the hope of reaching numerous since the revolution in Malay Sikang (Sai Hong) province. One Slam of 1932. In 1927 the import Chinese riots occurred in Mexico, contingent is located in Northern Cuties on Chinese

resulting in more than 200 Chinese goods were Yunnan and is escaping to Tailee.quite low but they have now been being killed in addition to heavy | damage to property. Besides, hun- Another group in Southern 8ze-increased to an alarming extent. Mienning. There are also other taxes and

dreds of Chinese were deported. chuen Is fleeing, to

is close to which

the Sikang duties such as residence fees, im- Early this year, when Japan was borders..

migration poll tax, travelling fees, rendering lip-service to Sino- third band

Northern etc. The most severe regulations. Japanese co-operation and friend- Szechuen is also moving westward. however, were

ship, hundreds of Chinese were ex- those placed on" the education since They are commanded by

1932, Chinese pelled and deported to China. The bloodthirsty Hsu Hsiang Chien, schools must have Siamese as prin- plight of overzea Chinese is going whose exact position is not known. cipals, and at least 21 hours of from bad to worse. The cases in Siam and Netherland East Indies This unit is the largest, consisting each week must

are latest instances. of about 80,000 outlaws with about study of the Siamese language. 60,000 rifles. This detachment at- Children from the age of 7 to 14 tempted to invade Chengtu but are compelled to receive Stamese, In view of the recent develop- was held up by aerial bombard- education. Last year more than ments of anti-Chinese legislation 60 Chinese private schools were in Siam, public opinion in this ment of the Nanking aeroplanes.

General Chiang Kal Shek, forced to close for inability to country urges that diplomatic re- Chairman of the Military Commis comply with the so-called new relations should be established be sion, is now in Chengtu to direct gulations.

tween China and Slam without the campaign against the Com- The Blamese tourist troup which delay, and that the first step. munists in. Northern and Southern passed through Shanghai last should be the establishment of a Szechuen. His presence in the old month dealed in general terms commercial

Interviewed treaty. provincial capital has added tm-that discriminatory measures were regarding the negotiations for the petus to the campaign, which is taken against the Chinese in Biam. conclusion of 2 Sino-Siamese being undertaken by the provin-" However, the facts mentioned treaty, a spokesman of the Minis- cial forces assisted by. Nanking above still stand unchallenged

try of Foreign Affairs said, yester- staff officers.

While the anti-Chinese agitation day, that due to the insincerity In Slam has not yet been settledi a and procrastinating attitude of the similar incident has arisen in the Siamese Government, the negotia- Netherland East Indies. A Nan- tions have practically come to king dispatch states that, follow-nought.

FARMERS' BATTLE

(Special to "Hong Kong Dally Pres”).

By Talagraph. Copyright, Tala graphic Messages Ordinance. 1834 Beceived, May 28, 4.30 p.m.)

*COMMERCIAL TREATY

ing the example of Siam, the The intention of the Chinese colonial Government of the Government to enter into diploma- Netherland East Indies has passed the relations with Siam, through discriminatory legislation against the "conclusion of a Sino-Siamese Chiness in its territory and that of treaty, the spokesman recalled. the anti-Chinese measures are the was conveyed to the Blamese au- same as those In Siam, These thorities as early as the latter part agitations appear to be isolated of the Ching Dynasty. On each incidents but actually they show occasion, however, alam put off the the Increasing gravity of the Dog- Chiness offer on the ground that tion of Chinese residents abroad.

the moment was not yet opportune for the conclusion of such a treaty. The National Government, accord- to the spokesman, will continue its efforts for the early conclusion of Sino-Blamese treaty, with a view to solving various outstanding issues between the two countries.-

Bucharest, May 28 Two farmers were killed and seven seriously injured in a fight resulting from religious dissen sions between the conservative adherents to the old style calen- dar of the Greek Church and the FOREIGN PERSECUTION modern minded advocates of the Bome of the Chinese press in new calendar at Cucova in the commenting on the state of over- district of Putna, Eighty con- seas Chinese state that they have servatives were besieged in a long been made subject to persect- farm house which Was Arally tion by foreign

territorical AU- stormed by their opponents with thorities and that this is not con- the help of a detachment of aned to Blam and the Netherland i China. United Press (by mail),

gendarmes sent by the prefect of

the district. In the ensuing battle two of the beleaguered farmers lost their yes while sever of the attacking force were seriously in- Jured- Transocean Kuo Mín.

MOTOR ROADS IN GERMANY

been left by Chan Tsz (or Tse) Tan, late of No. 3 Kin Hang Ter- race, Victoria, Hong Kong, who died on September 5, 1934, at the age of 65. Probate has been grant- ed to Chan Man Kwong, account- Tefant Woo (or U) Ming Chak, late of No. 7 Chu Chin Street, Tung Shan District, Canton, who died intestate on February 20, 1931, at the Tu Yeung Hospital, left, local estate valued at $13,500, Letters of administration in the above. estate have been granted to Woo Tani Shi, widow.

Berlin, May 28:

(Specta) to the “Hong Kong Dally Press") ning of the new fiscal year.. (By Zaingraph, Copyright, with reference to the aball-graphie Mariages Ordinance, 189 tich of these organs, provi- Received, May 28, 7.30 p.m.), slons have been made to re- compense ah staff affected with two months salaries, and it was also made clear that all the organs abolished shall not be reinstated with in the new fiscal year. 2. The training organs under

the various Government or gana which are of a compara tively large, scope should be reorganized in accordance with the Regulations govern- ing the Systematization of Education Organs, while those

A total of 547 million marks has been spent up to April 1 this year, m carrying on the great scheme of constructing the, network of motor roads throughout Germany, according to a report published by the Reichs Motor Roads Company." the vast undertaking being chieflying to the report, be followed in financed by the Reich as one of the course of this year by the the most important factors of its inauguration of further sections work, creation programme." The along the Austrian border from recent Inauguration of the motor Cologne to Duesseldorf and from road between Frankfurt and Bernau, North of Berlin, to Anger- Darmstadt, the first link in the mhende, while the latter section will eventually be tended to Stettin on the Baltic Sea- Transocean. Kun Hia

of an interior grade should chain which will ultimately stretch be abolished immediately. over the entire Reich, will accord- China United Press (by mail)," Local estate valued at $74,100 han,