1926-06-28 — Page 2

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i.

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FOR FLOORS AND WALLS

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HONGKONG

JAPANESE TRADE,

"EXPORT MARKET DULLA

DURING MAY.

The following review, Issued by the local Consulate-General, gives a review of Japan's trade during last month.

Foreign trade of Japan during last month Million Yen

Value of Exporta K

Value of Imports

161 220

Excess of Exports

59

or Excess of Imports Trade of Japan with China during last month:

Million Yen,

43

28

15

Value of Exports Value of Imports Excess of Exports... Money Market: Stili quiet Stock market: No effact being felt by the pessimistic view

trado. Y

JUNE 28, 1926.

THE WORLD THEATRE. SHOT DEAD IN STREET.

PRETERENTIAL CLAIMS OF DETECTIVE INFLICTS FATAL

LOCAL RATES,

INJURIES AN

RUNNING RECORD.

D. G. LOWE AT STAMFORD BRIDGE

The affairs of the World Then There was a sensational shoot-

London, June 26. tre came up for consideration at ing affray in the Contral district At Stamford Bridge to-day D. G. the Bankrutcy Court on Saturdn laat night, which resulted in a Lowe of the Achilles Club ram 600 when Mr. D. W. Tratman, Oficial Chinese plain-clothes detective yards in 1 min. 10 2/5 sec., a Receiver, said thero was an appl killing a man whose movements world's record-Reuter, cation, made under Instructiona, had aroused hin suspicions.

Another Man Wounded from His Excellency the Governor.

The detective won on duty in deanwhile, the her there men for the postponement of declara-es Voeux Road. In the neighbour had made good their escape, tion of a dividend. (AP Manhood it unllee Street, about nine

-A casual examination revealed According to law, a dívidéno'clock, when he saw four men an

the fact that the first one had should have been declared tona proaching. They word acting in a ago, but in view of the fact that auspicious manner, and the deter shot dead, having extensive there were certain preferential tive went forward to investigate, bodily injuries. The body was claims concerned with local rates What happened thon is not quite taken to the mortuary and when which would dissolve all assets, clear, but the detective came to searched a dagger was found in

the clothing. there had been no declaration, gripa with one of the men, and

He added that he took it that struggle ensued. The man sud. A little lator, a message was' re- the Government might waive denly drew a dagger from his calved at Police headquarters that a man had been admitted to the portion in favour or other credi clothing, but apparently did not Government Civil Hospital suf tors if the present partnership attempt to use it, as he slipped off on

produced ng. assote. The his jacket and attempted to make fering from a wound believed to have been caused by a revolver his escaped, Output of cotton yarns during the application es

shot, in the thigh last month: 225,000 bales (of.The Yet Wing Bank.

The defective called upon him tot is stated that the man 40 bundles) according to the re Another adjournment was grant stop, but the man failed to respond, was wounded in the Central dis-[ turns by the Japan Spinners ed In the case of the Yat Wing and the officer, who had drawn his trict, but whether It was at the Association. Char

Bank, Mr. D. McCullum asying revolver during the struggle, scone of the other shooting, or that while appreciating his Lord fired one shot, on the ground whether he was one of the mea e“- Quantities of cotton yarns export- ship's determination to avoid ad This was followed by several tempting to escape or merely a pu

ed during last month: 21,000 journments where there was a other shots, and the man fell. bales (of 40 bundles) accord possibility of them prejudicing the ing to the returns oy the Japan Interests of creditors, it was a fact Cotton Farm and Cloth Export that in the present case 97 por ers' Guild.

cent. of the creditors were in ta Quantity of cotton goods exported your of the scheme of composi Juring the last month: 79,598 tion in course of preparation. million yards, according to the The creditor, on whose behalf returns by the Japan Cotton Mr. Hugh Jones had appeared ul Yarn and Cloth Exporters' the last hearing in strong oppo Guild.

sition to the scheme of composi- tion, had now indicated his wil- lingness to accept. Another creditor had, however, raised ob Jections. There were four in all who had not signed.

Cotton Yarn Exports.

Index number of wholesale prices for last month, according to the returns by the Bank of Japan: 234.67.. Amount of bills cleared through

out the country during the month before last: 7.272 million yen.

Merchandise Stock, Merchandise in stock throughout the country at the end of the month before last: 529 million yen. Charter market: Concentrated in

the constal route. Trade: Owing to the sudden rise of rute of exchange, export market is dull. In export, Yen 9,000,000 is decreased and in import, Yen 17,000 is increased compared with the same. period of last year. The total amount of the excess of imports is Yen 364,000,000 during these five months past, and no remarkable improvement has been attained.

Decline in Exchange." Exchange: The rate of exchange, which still remained at $47.00, has shown the tendency of de- cline. On June 12, rate fell down by two points both on New York and, on London.... Index number of wholesale prices has fallen 0.182 per cent. com- pared with that of last month. Cotton yarn is low and the mar- ket of raw silk is dull. Busi- ness circle altogether remains dull.

N. B. Rectifed factory law has been 'promulgated on June 7, to be put in force from July 1, by doing so, minimum in age of younger labourer is ralaed, work- ing of general labourers is limi- ted to shorter hours, and the deep night work is abolished..

NEW BOND ISSUE.

AMERICAN GOLD FOR GERMAN STEEL, WORKS.

New York June 27. The issue of G.$30,000,000, 61⁄2 per cent. gold bonds on behalf of the United Steel Works of Ger- many, redeemable in 25 years, offered at 96, has been over-sub scribed. Reuter's American Ser- I vice.

Mr. H. S. Fitzroy, for the debtors, said that one of the four had expressed willingness to sign earlier in the proceedings. It seemed that pressure had been He thought it brought to bear probable that the four would later. come into line. If they did not, of course, there would be no al- ternative but to ask for a receiv ing order.

The Official Receiver expressed | himself as in favour of a further adjournment and His Lordship made an order accordingly.

"Gazette Notice!

Mr. D. W Tratman, Oficial Re celvet, notifies in the Gazette."--

Re Yuen Wo Hing firm. nt Nos.. 27 and 29, Lung Man Street, (Ist floors), and Ynen Wo. Hing timber yard, of Canton Road, contractors.

A first and final dividend of $8.50 per cent has been declared in the above matter.

Notice is hereby given that the above mentioned dividend may ha received at the Official Receiver's office.

""

Creditors applying for payment must produce any bills of exchange or other securities held by them, and must sign a receipt in the pre- scribed form

CHANG IN PEKING.

WARLORD AT LAST IN CHINA'S CAPITAL.

Peking, June 25, Marshal Chang Tao-lin, accom-- panied by Cheng Chien and Yu Kuo-kan, arrived in Feking at five o'clock this afternoon-Reuter.

Wu Still Fights Shy.

Peking, June 27. Towards six this, evening the polica headquarters announced that a telephone message had been re- ceived from Chanhsintien to the effect that Wu Pol-fu's departure from there for Peking has been been made to receive him in Peking postponed. All preparations had

to-day-Reuter.

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