1940-10-23 — Page 9

HONGKONG DAILY PRESS

AN 8 TO 1 FAVOURITE:-

Roosevelt Given

Edge

Over Willkie For U.S. Presidential Election

WASHINGTON, Sept. 21-The national

presidential campaign.

suffering somewhat from lack of attention because of the crashing of bombs in Europe, has gotten under way, with President Roosevelt given a slightly better chance to win than Wendell Wilkie, colourful Republican opponent,

his

Finance

FINANCE & GENERAL

and Commerce

MARKET REPORT CHUNGKING Japanese

FROM ROZA BROS.

at

PROSPERS Mission

CHUNGKING, Oct 22 (Centrali In Hanoi

-Despite Japanese aerial bomb- ings, Chungking continues to pros-

Tuesday, Oct. 22. Silver prices were unchanged yesterday. the quotations remain

VICHY, Oct. 23 (Reuter) — A ing at 23.7/16 for Ready and 23.3/8

Japanese mission led by Mr. for Forward. Silver advices re-per, ported the market as being" quiet i Statistics show that during the Matsoniya, Ambassador at Large, with nothing doing. American current year 4.000 new shops have has arrived in Hanoi, states the Wagers" made by

34.3/4 for registered with the Municipal Gov- Havas Agency. professional fenthusiastic advocates, have turn- silver was quoted betters Usted Mr. Roosevelt as aned cool because of his pro-British 8 to 5 favourite, as the campaign foreign polley which they assert opened with Willkie in California is leading the United States toward and Mr. Roosevelt in Pennsylvania, war, The heavy odds are explained as discounting the initial popular enthusiasm which greeted Willkie's entrance into the political

arena.

Spot

The London/New

ernment, the

tatul Humber ΟΙ The mission, which is preparing for ап economic York cross-registered shops last year being negotiations

agreement with Indo-Ching, may rate was quoted at 403.1/2. New 17,000.

opportunity to arrange York/London was quoted at 403.

take the

MARKET

Dul

STERLING

for the purchase of quantities or raw materials immediately needed

The proceeds from business tax in the current year up to Octo ber 14 was $18,000,000 far exceed ing the estimated annual amount by Japan

In October alone of $6,500,000, $3.000.000 were collected.

Recent Japanese air raids

have done little Chungking U. 8. DOLLARS

to the merchants 25 Business was reported early in damage

goods the morning at 23.1/16 for Cash, most of them keep their The market closed at 1 pm with outside the city. sellers at 23 for near," buyers at 23.1/3 for Cash,

POLICIES CRITICISED burst of John L. Lewis, CIO leader, and a dominant figure in the ranks of organised labour, has repeatedly criticised many of Mr. Roosevelt's There were sellers at 1/2.31/32 defence poircies, and especially the October/December, buyers at 1/3 policy of compulsory military for Cash, training. It is highly doubtful whether Lewis would be able to swing any considerable organised labour support to Willie, but the disaffection is bound to weaken Roosevelt's support.

MORE UNCERTAINTY Political observers generally agree, however, that there is more uncertainty Un the forthcoming campaign than in any political race of the last decade, and that

-the battle of the Thames may well decide the outcome of the United States presidential election

November

Political

beliève, experts 1:cwever. that Britain's vigorous resistance to

German the

air Onslaught through the months following the French collapse have measurably improved Mr. Roose- prospects, or at

velt's election least, have eliminated some of the uncertain factors.

Many observers believe that If Britain collapses, or nego- tiates an unfavourable peace with Germany before the early autumn.

would a reaction

set in throughout the United States which might help to unseat the present adminis- tration.

Some liberal intellectuals have swung over to Wilkie, on the ground that the preserva- tion of the two-term tradition is more important than either the continuation of the New Deal or the guidance of experi- ence in the present world crisis.

Wilkie has, in the preliminary stages, waged an Intelligent cam- paign according to the most im- partial judgment. He has made the most of his advantages, and has jabbed incessantly at weak points in the Roosevelt ärmour.

He has stood" unequivocally for ald to Britain, and support of all defense. for national measures both of which he believes are widely popular. He has aimed his NO APPEASEMENT

chief appeal at Independent and The British resistance. which middle-of-the-road voters. count- most" military experts believe willing as already, won the extremely continue for many weeks" has conservativė- votes,

opportunity for the He has been pleasantly informal growth of what the President has in his contacts with the press, and called the appeasement spirit" in friendly and amiable in his as- the United States.

suciations with politicians.

given

no

The Republican candidate, how- ever, has rebuked every suggestion or Intimation that he represents the philosophy.of appeasement. Bel nas pledged himself to wage an economic battle against Hitler," and to defeat him "on our

own! terms," I elected.""

of

Despite the optimism democratic leaders. these is no concealment of the fact that a vast unrest prevails through- out the nation, which will undoubtedly be translated into many more votes for Willkle than Republican candidate Af M. Landon got in 1936,

THE NEW DEAL

By spending most of his time in the interior of the country he has sought to shake the accusation that he is a Wall Street lawyer and a New York corporation spokesman. Lespite all these political moves. -Mr Roosevelt appears at present to have a decided advantage. He still has the loyalty of the large bulk of workers in the lower levels. of youths. Jewish groups, Negroes. anti-Nazis and tenant farmers..

"SOLID SOUTH"

In addition to these conglo- nerate groups, Mr. Roosevelt starts out with the virtually assured vote of the "solid south," a bloc of A large unemployment persists. about 13 states which are tradi- despite billions of dollars which tionally democratic, and the sup- the Roosevelt administration has part of powerful political, machines spent to "prime the pump" of in- in the great population centers of dustry. Big business and a con- New York, Chicago. Jersey City siderable portion of little. business' and St. Louis,

"

is completely antagonistic to that) On the basis of present rough portion of the New Deal's social calculations this collection would reforms which have placed new give Roosevelt a majurity of the burdens and restrictions on their votes in the electoral college.

Political sagits say, however, that *particular enterprises.

The war has also caused a spilt an unlimited number of external can easily intervene be- among many of Roosevelt's liberal factors

and independent followers. Some tween now and election time to of them, tormerly among his most turn the tide

SHANGHAI DOLLARS Business was

and

done

STERLING

oh

at 393.1/2 The market closed with sellers alsc 393.1/4. The market a 1/2.31/32 October/December, closed with sellers at 392.1/2, buy buyers at 1/3. for Cash. ers at 393...

US DOLLARS SHANGHAI MARKET

There were sellers at 23 for The market opened with sellers Cash and 23.1/16 December, buy,

for of Sterling at 3.51/64 Spoters at 23.1/8 for Cash, and closed a shade steadier with! sellers at 3.13/16 for Spot. U.S. Dollars were quoted at 5.27/32. at 393. the opening and closed at Noon sellers at 392.1/2. with sellers at 5.7/8 for Spot.

AFTERNOON MARKET

at

SHANGHAI DOLLARS

done Some business was

The market closed with'

SHANGHAI MARKET Sellers for Spot at 3.51/64

ahd

The market was featureless in US. Dollars at 5.27/32 sellers for

Spot. the afternoon.

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

..Buyers Sellers

TH

SHAREBROKERS' ASSOCIATION

Mercantile. Bks. "A".

1930)

£67

$80

£25

10t

TUESDAY Buyer Balleru

Salsa Momias!

22 OCT.

Banks

#1230!

H.K. Banka

£67

De. Col. Reg.)....

£60

J

Do. (Lon. Reg.)

Chartered Banks

P10

Marcantile Bl. "C".

$72

Bank of East Asia:...

N. C. & S. Banks.....

50, ct.

Insurances

2185 Canton insurances....

$185

$385

$387

Union. Insurancči.....

$385

4

રા

Underwriters

#1

#160

H.K. Fires..

"Shipping

$125

$11

Douglasen .....

Steamboats

$100 Indo-Chinas (Prof.)...

$80

35/7

todo-Chinas (Del.)

Shells

86.90 Waterbosta

Docks, Wharves..

Godowns, etc.

$80.K.K. Wharves

Providenta

க

$72,

H.K. STOCK EXCHANGE

Small buyers were accommodat- fed at slightly advanced prices.

BUYERS

Union Ins., $385. Douglases, $125, Decks (O), $15,75. Providents, $4.50. Kotéis, $3.20. Lands, $31.25.

Realties, $3.30.

Trams. $15.76.

Electrics (0)," $36.50. Electrics (N), $38.10. Telephones (0), $23.50. Telephones (N), $9.50. Cements, $16. Ropes, $6.20. Dairy Farms, $17. Watsons, $8.90.

SELLERS

HK. Fire Ins., $150.

Hotels, $3.40.

Ropes, $3.50.

Dairy Farms,- $17.50. Vibro Piling, $8.

SALES Canton Ins., $175. Providents, $4.50. Lards. $30.75/80. Trams, $16.

Telephones (O), $23.75... Ropes. $8.30.

HONGKONG

SHAREBROKERS'

ASSOCIATION

Velame of Business Transacted on Tuesday, Oct. 22, 1940, SALES

WEDNESDAY, OCTOBER 23, 1940. -PAGE

BLACK & WHITE

MATURITY WITH PURITY

NO TWO WAYS ABOUT IT, IT'S THE SCOTCH.

POLITICAL SUSPECTS ARE

ARRESTED

IN S'HAI

MAN & WOMAN

said to

be

筵 farmer

manager, was caught.

ballroom

was

It is stated that Chang sleeping at the time, and when ho was asked to get up he tried.. to jump out from a window to escape but was eventually arrest- ed, He is alleged to have confessed having shot dead both Mo, and For the first time since Shang-Mow Yu-tong, a commissioner of hai has been troubled by "a long the Ministry of Social Affairs of

Wave

HELD

two the new Nanking regime. -- of political crimes, alleged political assassins sald to

con

The latter victim, it is recalled,

to be connected with Chungking, was shot on August 9 shortly after. are reported to have been arrest 10 p.m., just after he had left ed, one in the Settlement and the the Great China Hotel in Yu Ya- other, a girl, in Hangchow, reports ching Road. Mow was killed by the North China Daily News. one of the men alleged to be un- ALLEGED CONFESSIONS der Chang's personal direction.

The other alleged pro-Chungking They are alleged to have fessed to a number of assassina-terrorist is reported by the "Sin tions, including that of Mo splying. Shun Pao" to be an 18-year old late president of the "Kuo Min şin girl named Miss Chiu Pu. She Wan," a Nanking organ, who was was arrested some time ago in shot dead near Fokien Road many Hangchow and has now been weeks ago, The Nanking regime handed over to the political po- has offered a $10,000 reward force at 76 Jessfeld Road. She is

alleged to have confessed to tak the arrest of Mo's murderer.

Chang Chinz-po, alleged to being part in the attempted assas

of sination of Shu Sheng, a reporter leader of the third company

re-of the paper, on March 28 the "Blue Shirt Society" was cently arrested by the Settlement Hongkew, police co-operating with Japanese

After his recovery from bis

5 $72.00 gendarmes, after lang investiga-wounds, shu went to Hangchow

$150 Bank of East Asia ...

China Providents 1,000 HK. Electrics (N) H.K. Lands

4.55 tons had been made by Nanking's for a rest and she is alleged to the have chased her intended victim to 36.50 political police, according to 30.75 "Central China Dally News," organ the lake city. She is said to be a 23.15 of the new regime. A joint raid Shanghai student and is alleged

was made in an upstairs room of to be a member of the a Chinese lumber hong at 1016 People's Principle Youth Corps."

Chungking organization. Sinza Road and as a result, Chang.

$120

12

29

100

144

8100 HK. Telephones (0)

100

$100

35/72

$6.00

1,217 The total value is $10,798.00."

888

84.55

815

$291

14/0

$8

$16 H.K. Docks (Old)....$15.95

$15

829

170

$0:

H.K. Docks (New).....

+Shanghai Docks......

Mining

Kailangang gate.

Raube

cts., Hong Kong Mines.....

Lands. Botels and

Buildings

H.K. & S. Hotels.......

H.K. Lands. ₤301

100 Do. 4% Debentures.

$3.20

$3.40

2301

331

11

$3.30

$7.10

$100

Shanghai Lands........

H.K. Realties.

Thumphreys ......

Chinese Estate.......

..Cotton Mills

$3 Evo (S.)

$181 S'hai Cottons (9.)...

Zeong Sings (9.).

Wing On Textiles (S.))

Public Utilities

H.K, Tramways........

$100

܂܂

83.30

$3.40

$7

#39

$190

**Three

PRE-PAID ADVERTISEMENTS.

The following classes of advertisements are charged at the price given below s SITUATIONS VACANT,

HOUSES AND APARTMENTS WANTED.

HOUSES AND APARTMENTS TO BE LET, MISCELLANEOUS WANTS. ·

Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid

If Charges collected, $2.00. Rate of $1.50 for THREE INSERTIONS.

WANTED TO BUY

WE OFFER HIGH PRICES for articles, any amount of gold $125 diamonds, silver, etc. No holidays.

$15.85 18

$A

Apply China Building, 7th floor. Tel. 30727. Eurasia Gold Refining Co..

HOTELS

RUSSIAN CUISINE

MORE POPULAR EVERY DAY

METROPOLE HOTEL

TEA DANCES

Tuesdays

Thursdays

Saturdays Sundays

5 to 7.30 p.m.

816.65

$155 16

$7.40 Peak Trams (old)...

83.70 Peak Trams (new)...

$50 Star Ferries.

$59

122

I'mati Ferries...

$221

#62

***

$8.40

$3

Chins Lights (0) $6.70 $6.90 China Lights (Now)... 6.40 H.K. Electrica (Old $301

44

$6.401 50...

***

$38,10

H.K. Electric New)

$381

216

$231

Macao Electrics (Old) Macao Electrics (New) Sandakan Lights.... Telephones (old)........ Telephones-(87) ............... S'pore Tractions (Ord.) Industrials

$14.00 Cald, Mace (Ord.) S. Cald., Macg. (Pref.)S.

893.75

$9.30

Free Education Is Vital In

Preserving Democracy

MR, ROOSEVELT'S

ASSERTION

pation as free human beings in the life of the nation.

NATIONAL LIFE

"In the last decade the right of free education which has be- come a part of the national life in our land has taken on addi- tional significance from events in certain other lands. Almost the

+

Free and uncontrolled education first freedom to be destroyed as #231 is a vital necessity in the preser dictators take control 19 the free- vation of democracy against the dom of learning. Tyranny hates encroachment of dietators, Frest and fears nothing more than the dent Roosevelt declared in

free exchange of ideas, the free address dedicating a high school and two grade schools constractedPlay of the mind that comes from with federal àld in the Hyde Park

ACADEMIC FREEDOM

מים

education.

FUTURE NEEDS "In these schools, and in other American schools the children of

The Fresident listed academic today, and of future generations freedom alongside the New Deal will be taught, without censorship public works programme for relief or restriction, the facts of current Integral history and the whole context of of unemployment as an

knowledge. #Their text- part of America's well being and current defense. Parts of the President's books will not be burned by a speech were made available locally dictator who disagrees with them:

Eigh

by

the

office.

Commissioner's their. teachers will not be banished

by a ruler whom they have offend- ea; their schools will not be closed Mr, Roosevelt declared in Dart.

Here in these and other schools if they teach anpalatable truths, will be trained the young people and their daily instruction will of the nation--not for enforced not be governed by the decree of labour camps or for regimentation any central bureau of propaganda. as an enslaved citizenry-but for They will get not all of the story the all of the time they will get all the Intelligent exercise of right of suffrage and for partict of the story all of the time."

1:

$12

81

$18

36.20 $6

H.K. Ropes

195

$174 $17

86.60 Entertainments

994% Loan

800 31%

(1934).. (1940) Miscellaneous.

Dairy Farms.......

$1.60 Constructions (old)..

Canton Ices...

Cements

8152

HAK, GOTL Loans

31%

$85

$17 $0.00 $1.85

$1

Constructions, (new).......

$7.40 Lane Crawforda..

$7

Nanyang Tobacco...... $2

3216 gincores.....

$6.00

Watsons:

38. Ch. 0.6% 1025G$Bds.

$39

ILK. Wing On mel

*bai-Wing-O0-

Vibro Piling ******

8/10 Maramans, Inv. (Lon."

2/9 Karamans Inv, (H.K.)

$1

Wm. Powell.....

+Sale to Shanghai

We pay high prices for all Gold & Bilver articles, Diamonds; Jade and Gold dust. Apply China Gold Refining Co., Pedder Building, 2nd floor, Room 6.

FOR SALE

For Sale Fift sets of Jubilee and Coronation Stamps 1st day Cover. What offer? Please apply to Box No. 465 c/o The H.K.D.P.

ENGRAVERS

FEI FEI & CO. Photo Engravers

18, Cochrane Strest. Telephone No. 22224-

WANTED, KNOWN-

ÖRDERS TAKEN for hand-made 50 ota sweaters, "Ladies' Jumpers, Bables' outfits, etc., at $5.00 each for workmanship.

16

Wool and model "desired, to be 884% supplied-by-customer

Send particulars of address, etc.,

to Box 502, HXDP.

The "WE" have an outstand- ing assortment of latest American dresses for all occasions and price to suit all purses. Call at, "Vanity" $2.20 Bhop" (Lazarus) Pedder Street. $8.00 35%

$30

$14

Experienced Book-keeper Wants Students to form a class. Güstan÷ tee students to keep a whole set of books after completion of a course. of 8 months For Term and Par- ticulars. Please Apply to:-Box No.: 482 c/o HKDP

YOU

Are Invited to Inspect Our

Stock of

Aslätic, Foreign and Colonial

POSTAGE STAMPS

In Sets, Bingle, Packets. Bags and in Approval Sheets

GRACA & CO.

Dealers in Postage Stamps, Philatelic Goods, Picture Postcards, Religious Goods; Garden Seeds, & etc.

No. 10 Wyndham Street

P. O. Box No. 620. Hongkong.

AUCTIONEERS

GREATEST COLLECTION OF KARGAINS IN TOWN!

LAMMFETS AUCTION ROOM Patent, Proc.

Jimmy's