1932-03-02 — Page 7

SHANGHAI SCEPTICAL ON

PEACE PROSPECTS.

JAPAN OPPOSES SIMULTANEOUS

WITHDRAWAL.

THE

HONGKONG

HIGHER PRICES FOR WHEAT.

BREAD "MAY NOT COST MORE!"

London, Mar. 1.

Shanghai, Mar. 1, 3.8 p.m. lomacy scents to he getting the up-argieulture was considered in the The informal meetings which per hand over force."

are being held on board HLM.S. Kent under the chairmanship of Admiral Kelly, which it in believed

Lord Cecil's Views. Lord Cert inn letter to the

may pave the way to an ultimate Times says he is unable to with- settlement, have been terminated draw, in response to eritlelsma, and the proposals evolved have anything from his letter to the been submitted to Tokyo and Nat-Times of February 18, which he for the consideration of the signed with others, because king for

the partion concerned.

31 En

in reliably reported that the peace, and this policy has already Chinese attitude towards the pro-cost not only thousands of lives ponals in that the antud with-but has Increased the economic drawal of the Chinese and Japan diffeülties of the world.

TELEGRAPH. WEDNESDAY, MARCH 2, 1932.

REALTY COMPANY

MEETING.

REPULSE BAY SCHEME POSITION.

HOPES FOR 1933.

are

the to. the

A further Important menssure de- signed to improve the condition of

Presiding at the annual general House of Commons to-day when the Minister for Agriculture, Sir meeting of the Hongkong Realty John Gilmour. Introduced the and Trust Co., Ltd, held at noon to-day, Mr. E. M. Raymond Wheat Quoto Bill, the object of

that Begotiations which is to provide wheat-grawers stated

with ALI proceeding within the United Kingdom with a

regard secure market and enhanced price Government in for home-grown wheat of millable Repulse Bay development scheme, quality, without a subsidy from and, I brought to a astiafactory

provide the amenities for the Exchequer and without en conclusion, the Company hopes to couraging the extension of wheat

to laulunsultable summer season of 1933,

It was anammeed that as the cultivation

business Company's

ix purely Referring to the standard price, Sir John Gilmar said it was in that of an investment trust cum- tended that every registered when any, it is intended in And

rower in the Kingdom should be dividend payments in future to emitted ta receive, at the end of yearly distributions. each cereal year, a so-galled des feleney payment, which would re- pement the dierener reckoned

e troops is acceptable, provided

France and America. the neutral powers will guaranteej

Óneial circten In Paris that the Japanese troops will not! advance after the withdrawal. Washington are delighted at the Sir Milen Lampson. the British Japanese policy is a serious blow Minister to Chion,

into the enllective maintenance of developmenta at Shanghal at 4 p... from Nankin Sino-Japanese

#

for it.

14

Chairman's Speech.

the

confine

The Chairman, after having and it is beged that his influence Geneva, much credit being given in the growers' certified sales be read the auditors' report, wald;-- will have the most favourable efto Sir John Simon.

tween the ascertained average The profit for the year under re- points feet on any further discussions, A Washington message

price [ home-grown mitable view, including the sum of $12. which hliberto, have been only of but that Sir John Simon initiated wheat and the standard pries of 267.96 brought forward from the

I has a very informal and preliminary the armistice movement.

shillings hundredweight, preceding year, after providing nature. Hruter,

several times in the pat

three ten days been in touch with Mr. Stim- Which was the equivalent of forty $8,891,25 for depreciation, amount

fi་ས་ shillings

quarter red to $182,807.52. The Interim dividend of $60,000 paid on the 504 pounds.

The Bill contained a pra ision 1st September, 1981, reduces the for a review of the position in profit available for appropriation to three years.

six $122,697,62, which your Directors A limit within quarters would be imposed recommend apportioning as fol in respect of which the deficiency lows: To pay a final dividend of eets per share, $60,000; to payment would be made in any

transfer

Renerve. to General

Ron.

Chinese Doubt Japna.

21 is considered in Washington, Shanghal, Mar. 1. 3.8 pm. The leading Chinese newspapers however, that peace is not yet ver this incruiter express doubts as teftain, especially in the face of the the sineerity of the Japanese dell-repeated decision of Nankin

to MORE punitive expedition Man- late in The Shan Pan wuspects that he against the new Japanese are only aiming to rain churia. Reuter and British Wire a few days breathing space while, they pour reinforcements into the battlefield.

aire for pener,

the 20 la of The Sin Wen opinion that the desire for peace! ereited to Tokgo, is bribed by th Japanese Birmat to bumals the rail

Renter.

P

Japan Disagrees.

New York, Mar. 1

Big Clash Coming.

Shuurbal, March 3, 1150 m

While Genes

Talking peace in The For Enat, the war is rednis un as strongly as ver here, inya jand it appears nothing

likely than an early cessation of Hostilities.

11

Fierce fighting is kong un all It is announced that the Japer; day long on the Klangwan front, their Government is not prepared and the Japan admit.

hudred

712 Chinese

to agree to the mutual and simul loses have been heavy in gaining metres, fighting taments withdrawal of the thieve

troops and Japanese

from every inch? While Reutera Acurien See, wonnded passed into the Settle- Shanyal

ment today, and undoubtedly, many still lie on the battlefield

Chapel was comparatively quin, but Japanese shelling caused

pier.

11

efe year.

MAUDE ROYDEN'S PEACE ARMY.

SIR ERIC DRUMMOND UNABLE TO HELP.

Geneva, Mar. 1

BO

The Government dll not antici$50,000; to carry forward to New patos any permanent or Keneral Account. $12,657.52; and 1 frust will meet rease in brend prices as a result this recommendation

with your opproval, the Bill. Britsch Wineiras.

You will bute from a persoal of the Penit and Loss Account that almost the whole of the revenue. during the year under review wha derived as a result of the operas tions of the Company within the Caples of in envestment trust circumstances. business in the this profit for the year of $170,- 429.57, the highest in the his- T Veu- tory of the Company, can, tury to think, le regardent as satia- tartory. The Repulse Bay pro- Expressing his admiration for } perties remakne unproductive. the devotion to the cause of penre revenue in the course of the year to $2,700 only, whilst vinred by Miss Mande Royden, amount the Rev. Dirk Sheppard and the fra addition to the maintenance ex- penses incurred the major portion offering to of the Depreciation provision of League Peace Army in The | $8,801.25 WIS in respect of the

Eric Drummond Rungalows there situated,

to balance sheet it Ims replied explaining that it is:

Turning

that the item constitutionally open for him will be abserved

"Second Mortgege on Exchange Building" to submit offers to Council, other

has been eliminated, an upon the for and demand of State which is a member of the the amount of $650,000 having been retired during September. League, - - Rente y,

1931. Investments at cost, name. she a consi- Iy, $138,418,06,

over the figure derable incrense ver, wear's reended in the previous year's

Gloomy Prospects. Shanghai, March 1, 11.50 p.m. Reports from nuthoritative tremendous fire just outside the iny, volunteers who have writ sources hero confirm that Tukya | burders of the Settlement, whichten to the will not agree to simultaneous lighting up Shanghai with Itserv in

Carnage unchecked Far East, Sir withdrawal of Chinese and fajeans fierce light.

describes the battlefields. vse troops at Shanghai, as

The Japanese Eleventh Divi- talka, They liminary to pear

presion as landed and is ready for 11! insisting, as a

Chinese liminary condition of prace, that operations aguiast the

twenty left tank, and another livision withdraw the Chinese

earning. The Japanese war kilometres, and demolish the W. is

machine appears to be gathering song forts.

a tremendous The Chinese are no more will-afrength for

itcuter. ing to accept these now than be slaught. fore the big Japanese Tensive! began on February 20,

aro

Vice

Mr. Qu Tai-chi, the Minister for Foreign Affairs, in terviewed by Reuter, said Japan's

anwilli

five simultaneous withdrawa ters all hope of a peaceful ment."-Reuter,

Hapes and Fears,

tr

Japan's Forces.

Shanghai, March 1. 3. pan. General Shirukawa,

|

Approaching Government.

Later.

Govern

11

In view of Sir Erie Drummond's lance sheet and it is gratifying reply, Miss Royden now intends part that, despite the decline to request the British

in the sales of lural market se curities experienced in the autumn of last year, the market quotations 41st Bromber, 1931. on the showed an aceretion apon the book values.

who has ment to bring the Peace, Army's been directing the disembarkation offer clicitly before the League of the eleventh Fajnese Division Miss Rogden said that, if the Bri-

drefines Malat-at Shanghai, arrived at the Head fish tavernment

they settle-quarters formerly occupied by will approach some other govern

meni, probably one of the smaller Power:

London, Mar. 1. Hope tinged with szeptieru | characterises the British reaction

General Uyedla at i pan. today.

The Headquarters, a Japanese otton mill, are situated just off- Iside the most casterly fiants of the

Settlement.

It is estimated that the arrival

Division of the Eleventh

naw

for the latest Shanghai develąs ments. The man-in-hesstreet is brings the strength of the Japan

|

They were endeavouring, Missi Royden said, to get the Japanes Christian evangelist, Katawa, to

in the movement.

Six Hundred Valunteers.

Repulse Bay Scheme, With reference to the projected development at Repulse Bag outlined in the Chairman's speech fast year, I regret nes mobility, at share- the murent, to furnish holders with definite information Mr. Z. T. Kon, secretary of the theroon; wegotiations with the sull proceeding, bewildered by reports of conflicts forces up to $5,000 troops, Chinese Christian Students' Move-Governa

America and in the event of these being ing parallel peace negotiations at while it is expected that the lankment, has cabled Trun

ing of the Fourteenth Division offering to join the Peare Army. brought to a satis/nelory conclu- Genova and Shanghai accompanist

six bundred people, fision, it is anticipated that the

men have already volunteerei. Kruter.

ed by preparations for a renewed within the next twenty-four hours About

will swell the total 19 60,000 cluding numbers of exService Company will be in a position la

Japanese uffensive,

The Timea emphasizes that the trumps--Reuter, Chinese stubbornness has mat weakened the Japanese resolution |

to land the necessary troops in achieve her objective. It is there. fore an error to regard the Japan learned

proposals as

Tient in Fears,

Tientsin, March 1.

authoritatively 1ht!! 11. ht

that

the

Japanese Tench Maru, dying Jave military

at Tangku scribed if Tokyo insisted purely on arrived yesterdng

ENU

latest

bhiff, steamer

They might perhaps be so de-the

a Sino-Japanese, a-ttlement, but from Dairen with large quantities they have invited the collaborn military stores, including field tion of all the Powers concerned guns, shells, muchir

riften.

CHINESE RETREAT.

Continued from Pape 1). Consequently, when the Japanes gans and infantry were launched upon

general offensive, following an in- in the Far East. The Times urges

contribute its It is stated that the stores willensise bombardment of the vent every party to utmost to a settlement, and anys be brought up to the Japanese coned positions, they encountered no it is not the desire of Britain to session at Tientsin to-day or to-sition and are now steadily claim any particular precedenes in morrow.

advancing on the village of Tazang DEMORALISED?

proceed with the necessary work in order to have the required amenities available for the sum mer season of 1988.

Before gone ludis my remarks, I am desirous of making reference

of to the matter dividends in res peet of which, your Board, having regard to the altered status under which the Company is at present operating, the business conducted being purely that of an Investment Trust Company, have decided to abandon the Bolicy of distributing interim dividends. It is felt that whereas profits might be satis factory in the Arst half of any one It is also learned that currugal.

year, there would exist, per con- The settlement, hut there is 10 ed iron larracks, capable of ac-

tra, the possibility of securities the slightest support for the

The Japanese declare that the reach rommodating a considerable num-

deng to such an extent in "pusillanimous"

of Mr. counsel

part of the same finan- Lansbury to withdraw her forces her of troops, are being erected by treating Chinese troops finve been the

the Japanese military forces at utterly demoralised by the inter-cial year no to render necessary and evacuate her nationals.

Fangku, at the river mouth.

sive Japanese bombardments of the the utilisation of any accrued ere- The Chinese have proclaimed a

dit balance. Accordingly, it is Plen for Geneva:

phat few days.-Renter.

confine intended. in future, to late of martial law at Tangku,

payments as regarded dividends to Annual distributions, a policy The teachings of Confucius and with which, I am confident, share- principles of Wantao are to be re- holders will be in complete accord Apected.

having regard to the nature of The Foreign Policy. the business in which the Com- Foreign polley will seek to pro-pany is engaged. a new Manchuria,mate cordial relations between There being no further mattera

The New State,

Mukden, Mar, 1. Official translations of the pro- clamation of

The parties concerned should where hitherto everything has attempt a settlement "not by in-heen quiet.-Reuter. sistence upon national interests, nor yet by their audiention, but by reconciliation of the interests of all, The main negotiations must be under general direction from Geneyn, where the Chinese and

us adopted yesterday by the dele Manchuria and foreign countries appearing to call for comment I Japanese representatives are in

gates from all over Manchuria and All debts and obligations under now formally

propose that the contact with the responsible

met. Foreign Report of the Directors and the Ministers of the interested Pow-ungolla, were issued to the press treaties will be

to-day.

Investments will be welcomed. Accounts for the financial year ers and with the Council of the

It refers to the "disastrons effecta It is officially stated that the ended 31st December, 1931, as Lengue. Prompt decisions may be necessary, and it is important of the former misrule in Man Powers are being informed of the presented, be adopted, and that

the for

following appropriations re- that the negotiations should not thuria," and declares that with contents of the proclamation,

the will of thirty million people

A New Flag.

commended by your Directors be become too dispersed.

To-day the now five-coloured carried into effect:-Pay a Anal "Genova provides the obviousManchuria has severed all rela- clearing house, and the Presidenttions with the Republic of China. lag is dying everywhere. colo dividend of 30 conta por

It says that the statecraft prin- brating the advent of the new $00,000 transfer

to Ger

General Re- of the Counell yesterday lulciples of Tao will be followed by Tatung (grent unity) era.

serve, 359,000; carry forward to of programma ad: the new Government, There will It is expected that the formal New Account, $12,697.52; and 1 negotiations, which scent be no discrimination between the inauguration of the new Govern- shall be obliged if a Shareholder mirably quited to rally the elements making for ponce. peoples now resident In Ma- ment under Pu Yi, will be carried will kindly second such proposal, churia. Improvements in the ad-out at Changchun on May 5 whereupon questions as to the re The most encouraging. symptom

port and accounts may be raised. of the last two days is that dip-ministration are promised."

down the

Router.

abare,

E RADIO BROADCAST

TO-DAY'S PROGRAMME OF

RECORDED MUSIC.

Broadcast by Z. B. W. on a wave. length of 365 metres. (845 K.C.).

6.00-7.00 p.m. Chinese Programme. 0.00-8.20 p.m. Children's Pro

gramme,

7.00-10.30 p.nt. European Pro- gramme of Victor Records.

7.00 p.m. Mall Notice, etc. 7.03-7.35 p.m. Ronenkavalier (Richard Strauss),

Augmented Tivoli Orchestra con- ducted by Richard StrauNS,

7.35-7.56 p.m.

0280.9283.

A Selection of New Fox Trots. White Hent. Hoops.

I

Leo Heisman and illa Orch. 22836.

Always Remember September.

I Can Sympathize with You.

Peter Van Steeden and lim Grchestra. 22858.

Two Lover.

An Erning in Caroline. Ted Black and His Orchestra. 22872.

8.00 p.m.

(Local Time and Wea.

ther Report).

7.56-8.25 p.m. Orchestrat. Apache Dance (Ofenbachy. La Golandrinn (The Swallow)

(Sorradell).

Victor Salon Orchestra. 21055. Pomp and Circumstance (Elgar).

Royal Albert Hall Orchestra, 9015. Finlandia (Sibellus).

Royal Albert Hall Orchestra. 18. 8.25-8,43 p.m.

Aa American in Paris' (George

Gershwin).

Victor Symphony Orchestra with George Gershwin. 35963-35961.

8.43-9.30 p.m. A Concert.

Violin Solo-Solo-Humoresque

(Tschaikowsky-Kreisler). Violin Sulo-Albumblatt-Marquerite (Rachmaninoff-Kreisler).

Fritz Kreisler. 1170. Song A Dream (Cory-Bartlett),

Earlco Carusa (Tenor). 307. Plano Solo-Fantaisie-Impromplu

(Chopin). Plano Salo-Caprice (Gluck-Saint-

Sagne).

Harold Bauer, 616, Bong-Oh Could I But Express in

Song (Malashkin). Feodor Chaliapin' (Bass). 1365. Violin Solo-Dance of the Maidens

(Friml-Kreller). Vial Sola-Blue Skies (Borlin.

Kreisler).

Fritz Kreister. 12. Song-Clair de Lune (Moonlight)

(Szulc). Song-Swing Law Sweet Charlot

(arr. Burleigh). Dame Nellie Melba (Soprano). 6735. Plano Solo The Engulfed Cathedral

(Debussy).

Piano Solo-Malaguens (Lecuona).

Olga Samaral. 3304. 9.30-9.10 p.m.

An Announcement by Dr. Radio of the Radio Service Station.

9.10-10.07 p.m. Concert Waltzes. Gynay Souventr (arr. Schaeffer-

Paepke).

Hungarian Flower (Schaeffer-

Poepke).

Hungarian Rhapsody Oreb. 16029. Blue Danube Waltz (Johan

Strass).

Sone! hevinne (Pianist). G810. Voices of Spring (Jahunn Strauka). Vienna Hloor (Johann Strauss).

Baston Symphony Orchestra, 2003. Hawaiian 10.07-10.19 Music. Hilo Hula. Mokiltana.

p.m.

Kane's Hawaiian. 21762.

Blue Waters.

Under The Starn of Havana, Hilo Hawaiian Orchestr. 14,19-10.30 p.m.

21822

Landon Board of Trade Letters, and Rugby Press News.

10.30 p.m. Close Down.

All records in the above European programmes are kindly supplied by Megara. Teang Fook Piano Co.

EXCHANGE MARKET

LIFELESS.

NO CHANGE IN THE DOLLAR.

WAR

Cx-

1111-

Conditions on the loen) change market remain unaltered. with practically nothing doing. The dollar is unchanged.

In London, silver changed for spot and up 1/16th forward. China bought and sold on a market which was quietly steady. After the official fixing. the market rematried quietly steady, with America more inelin- ed to buy than sell.

New Yorw reports silver down 1/8th,

steady market. Futures are down half a point, with the market casy.

ол

The N.Y.K. Yashuni Maru, from London

at vla ports, will arrive Hongkong on Thursday at daybreak, on Wednesday, as Wan and not expected.

Members of the St. Patrick's Bo ciety and friends are invited to attend the practice dances which are to be held at the Helena May Institute on the 4th, 11th and 14th Inst.

The rainfall registered at the Botanic Gardens during February totalled 2.75 Inches. There were in all eighteen rainless days.

"Keltic"

and..

"Bective"

FOOTWEAR.

For Mon

The sizes and Attings are BO numerous that

every normal foot can be accommodated with the utmost case,

They are designed by highly skilled craftsmen working upon the finest materials and will be found economical All sizes now showing and surprisingly durable In wear. from size 4 to 11 In Black and Brown Calf suitable for

all occasions.

Sole Agents

WM. POWELL LTD.

10. Ico House Street.

"ATHENA."

STUDIO.

Tal ping Building, 4th Floor, 10, Queen's Road, Central. Tel. 28320.

March with the times and be a LEADER.—— in your city, in your community, in your circle and in your family-of fashionable good taste in MODERN AND FUTURISTIC FURNITURE AND DECORATIONS.

Live in the comfort luxury of future generations. Visit us and be Demand and obtain the best! convinced.

COMING SHORTLY TO THE KING'S.

with

FREDRIC MARCH Miriam Hopkins

Rosa Hobart

THEATREDOM'S

WEIRDEST TALE!

DR JEKYLL

AND

Mr HYDE

"Garanioto

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COMING SHORTLY TO THE QUEEN'S

RAMONV

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DOC RACING

NEXT SATURDAY AND SUNDAY

MACAU GREYHOUND RACING CLUB.

ARMED ROBBERY SEQUEL.

TEN MEN BEFORE THE MAGISTRATE.

ROXOR

Detective Inspector Andrew, who is in charge of the case in which two men, alleged to bo Among the five who carried out the robbery, are charged with armed

the robbery, appeared for pro secution in all cases, and applied for a formal romand, intimating the

In connexion with the armed that he would like to have all

Woosung cases taken together. There was robbery at No. 228, Street on Sunday afternoon, polleseason to suspect that all the de

fendants were members of a gang- officers have made several arrests, which was operating in Kowloon, No fewer than 10 people were and, he added, the polico might ask brought before Mr. Fraser at His Worship to have, them all come

Kowloon Magistracy this mitted. the

A formal remand, of a week was murning on the charge of receiv ing stolen property.

granted in all cases,