1934-03-06 — Page 19

U. S. AIR MAIL SCANDALS.

INFORMATION LEAKAGE

SUSPECTED.

Washington, Mor. S. Evidence that a block of 4,500 United Aircraft shares were sold on behalf of the 1. P. Morgan Company a fortnight before the cancel. lation of the air mail con. tracts, was presented before the Senate Banking Com- mittce to-day in a list of sellers submitted by the New York Stock Exchange.

The Committee ordered a thorough investigation to doterming whether there was a leakage of informa-

ment's decision to cancel

THREE ASSAULT

CASES

WIDOW AMONG THE VICTIMS

A shop coolie, Wu Kou, was fined $10 and bound over by Mr. Balfour in the Central Polico Court this morning for assaulting Bo Yau, n travelling trador.

Sub-Inspector Smith said defen- dant accused the complainant of being a police informer and struck him whilst at the Macan Wharf, Defendant had been in trouble previously and alleged that com- plainant was the informer:

In a second case of assault which came before, the magistrate, Luk Dinu, cobbler, was bound over for striking Wu Tong.

" truck owner. It

that where, the was stated tion concerning the Govern-complainant had a number of his trucks parked there was a collec-

of tion

rubblah which he swept away with a broom which ho bor- rowed from the cobbler. The latter resented the procedure and grab- blag the broom out of his hand, struck Lak Mau over the head. stitch. The injury necessitated but it was not serious.

the air mail contracts.--- Router.

WORLD COTTON

STATISTICS

GREATER ACTIVITY OF MILLS

Chan Ho, married woman, and

THE HONGKONG TELEGRAPH

TUESDAY,

MARCH

6, 1934

RESCUE OF MAROONED FISHERMEN.

NEW YORK STOCK EXCHANGE

= RADIO BROADCAST

FINE WORK BY STEAMERS,

AND AEROPLANES,

Moscow, Mar. 5. All but 84 of the ,400, marooned fishermen, vic- tims adrift on an ice-block which broke away from the ice-field in the Caspian Sea, have now been rescued.

Steamers and aeroplanos have been used for this pur- poso, and it is hoped that the rescue of the remaining- men, who are still maroon- .ed on the ice-floes, will be shortly accomplished, ~~ Router.

imam

THE FAILURE OF DEMOCRACY'

Continued from Page 1.)

The Recovery Act was drawn up for the greatest good of the

a man named Lei On, were charged ber of yours through inertia before Mr. Hamilton, at the Cen-partly the inertia of lenders, and tral Magistracy this morning, with partly that of the people them having assaulted Ng Som-tai, selves. widow, at Mong Lung Street Shaukiwan. The complainant was hit on the check with a

brick, charges, but na the assualt was not $2 compensation cach, and all three bound over in sums of $50 each to keep the peace for six months.

YESTERDAY'S MARKET

EASY

EUROPEAN PROGRAMME

From Z. B. W. on a wavelength of 365 metres:

4.30-7.30 p.m. Chlačne programme, 6.30-7 p.m. Shorthand Lesson from the Studio.

7.30-10.30 p.m. European pro- ramme..

According to Mesure. Swan Cul TO-DAY'S BROADCAST. bertson and Fritz, the Now York market was slightly easy yesterday. -Business

050,000 dono

shares. The wall Street Journal reports: After a day long of Irregularity the general list firmod slightly near the close due to a spurt in mining shares which was caused by, first, reports that the Silvarites plan to fores the administration's hand on remonetiza tion and, second, Homestako Mining spurted 20 points to 350, a new high for 1984, due to rumours that the Government would probably raise the gold price. shortly, to prevent any sharp setback in commodity prices. Earlier irregularity was due to Wall Street taking the President's speech bearishly when he Intimated favouring higher wages and shorter hours which reduce profits. Curb stocks were frac tionally lower due to lack of buying Interest. Bonds were strong due to n firmness in foreign issues.

Our New York office cable: Stocks: Wero moderately lower la a dull session as the market awalts nows. Wheat: Interest was lacking and prices cased on prefesalonal

visible selling. With the

supply heavily decreased and cold weather in the northwest, we all hold to the the Gold Price is being urged and con- buying side. Cotton: An Increase in

tinued silver agitation has a steadying effect on the market but trade buying was slack. The speculating intorcat was inactive and somo 'tired long

7.30-8 p.m. From the Bindio. Cantonrac" by the Rev. Mr. H. R. The 34th of a series of lessons in

Wells.

8 p.m. Report.---

Local Time and Weather

8.3-8.30 pm. Orchestral. Ballot Egyption Suite, (Laigini)..

Concert Orchestra. Triana (Albeniz, Orchestrated by

Arboa). Spanish Dance No. 3 (Granados).

Now Light Symphony Orchestra. Pocr Gynt Suite No. 1 (Grieg, Op. 40). New Queen's Hall Light Orchestra. 8.50.9.20 p.m. Varlety. Song Evry Little While. Song--Try Gettin' a Good Night's

Sloep.

Frances Maddux (Soprano). Orchestral-To-night Give mo G11 Orchestral-Play, Fiddle Piny.

Hour of LoYE.

** Geraldo's Gaucho Tango Orchestra. Instrumental-I Cover the Water-

frost.

Both defendants admitted the greatest number and they had quidation was noticeable, Southern Instrumental-Sweetheart Darlin'. sought a balance in the economic offerings were reported increasing at

fe You.

Arranged for Eight. Pianos.

London, Mar 5. The world's cotton mill consump- tion for the half-year ended Janu- ary 31st was 12,519,000 balas, this serious; they were ordered to pay system, in order that their Inter-high prices. The basis looks tempor SongMusle in the Air-The Song being an increase of 637,000 bales,

n markets should be kept rich nelly high enough. According to statistics compiled by

and large, and also that trade the International Federation of

with other nations should increase on both sides of the ledger. Ho Master Cotton Spinners and the

donounced destructive criticism, Manufacturers Association,

but welcomed constructive sugges- 20 titles tions.

ܨܐ

The largest increase WRA East Indian cotton, the consum)- tion of which was 2,352,000 bates, an increase of 294,000 bules.

The world's mill stocks 6,216,000, against 4,542,000 In January, 1933.

were

BRITISH POSTAL

CHANGES

Dow Jones N. Y, Average:

+

20 Industrials 20 Rally

40 Bonds 11-Commodity

Tarner Layton (Tenor). High Low Nur, Mar. Vocal DuctMusic in the Air IVO

Told Ev'ry Little Star.

..... 118.74 20.16 105.€1205.02 66.55 $5.48 49.22 48.90 17.73 30.33 20.03 20.74 92.45 13.21 91.67 $1.29 Inc. 60.4 43.58 54.40 54.5

President Roosevelt expressed The following market closing prices satisfaction that most of the criti-are quoted subject to confirmation as clam was not levelled at the Re-to accuracy in transmission: covery Act itself, but against the detația and method of the Act.

NEW ALLOCATION OF REVENUE The world's spindlenge was 157, 631,000, compared with 157,755,000

N.R.A. OBJECTIVE. Loudon, March 5. Inst July, the British being 49,- Sir Ernest Bennett, Assistant 001,000 and the Japaneso 8,200,000 Postmaster General, In a speech N.R.A. was to raise the public The whole objective of the last August, compared with 67,136-at Rugby referring to the changes purchasing power. 000 and 0,272,000 respectively intriking place in the administrative

No-one was 1928.--Router,

opposed to sensible and reason- management of the Post Office, able profits, but a great segment said that at the end of the month of the people was in actual distress it would onter now stage of

financial development,

and when it came to a question of in OFcordance with the recenter, da humanity, they must be consider- tions of the Bridgeman Committee.ed first, he said. There was no

Hitherto the revenue earnol by room for healtation, the Post Offico had been handed "With millions still unemployed, over to the Exchequer. In future, the purchasing power of the of £10,750,000 people remains greatly curtailed would be contributed to the pa-and can only be increased

and tional revenue, and any surplus sustained by striving for the would be retained by the Past lowest schedule of prices on which Office and expended for the bene- higher wages and increased em- fit of the public generally in the ployment can be maintained," he development of services or redus went on. tion of charge

INFRINGEMENT

TRADE MARKS

FURTHER PROTEST TO definite

JAPAN.

London, Mar, 5. Mr. Sommerville, Conservative M.P, this evening drew the atten- tion of the House of Commone to the number of lawsuits pending in The scheme was experimental, The Government could not for Britain, nginst Japanese repres but it had every prospect of pre-over continue to absorb all the sentatives for the Infringement of ving an

The butstanding success burden of unemployment. trade marka and the representation | British Wireless.

urgent need was to get more people working.. of Japanese-goods as British

Dr. E. Leslie Burgin, replying on behalf of Mr. Walter Runciman, President of the Board of Trade. sold the British Ambassador to Tokyo was recently instructed to make representations to the Japan- C80 Government with a view to the suppression of these acts of unfair competition-Reuter.

JAPANESE NAVAL

TOUR

"IDZUMA”

COMING

SOUTH

(Special to "Telegraph")

Shanghal, March 6. Admiral Imamura, Commander of the Japanese Third Fleet on the China Station is salling for the South aboard his flagship, the Idzuma, accompanied by two de stroyers.

BRITISH FUNDS

BUOYANT

COVT. DETERMINED,

"With few exceptions, Indus- try will give its whole-hearted compliance with our endeavour, NEW HIGH LEVEL OF but in rare cases where Industrial self-government fails, the Govern- ment must and will, move firmly and promptly in order to prevent failure," declared the President

WAR LOAN

where buoyant condition prevailed

London, Mar. 6. British funds were again active on the London Stock Exchange,

in almost sections.

Further substantial gains were recorded in British Government stocks, under the lead of consols 2% per cent. at 82%. which is the highest polat reachel for many years. War Loan 3% per cent. improved to a new high level of 103.16/16-Britial Wireless.

TIN RESTRICTION

NO CHANGE IN OUTPUT QUOTA

London, March 6.

Consolidated Gas of

New York Continental Oil Coty Inc. ..... Curtiss Wright Com. Du Pont de Nemours 100 Eastman Kodak.... Elentric Bond

Share...ANATIO Electric Power and

Layton and Johnstons, Vocal-Whistling in the Dark. Vocal-Cuban Tango.

The Vienneso Seven Singing Slaters.

9.26-10.04 p.m. A Concert. 'Cello Solo-Tarantello (Popper, Op.

33).

'Cello Solo-Adagletto (Bizet, arz.

Squire).

W. H. Squire, Song-Afton Water (Burns). Song-Annie Laurie.

Mary Garden (Soprano), Pianoforte Solo -- Capricò (Gluck-

Saint-Saens).

Pianoforte Solo Fantaisío — In-

promptu (Chopin, Op. 66).

Harold Bauer.

Song-Had a Horse ("Hungarian Folk

Songs" Korboy).

Song Shepherd, See Thy, Horses Foaming Mano ("Hungarian Falk Songs" Korbay).

Keith Falkner (Baritone), Solo - Liebesleid (Love's

Sorrow) (Kreisler),

Violin Solo-Liebesfread (Love'a Joy)

(Kreisler).

Fritz Kreisler.

10.04-10.30 p.m. Musical Comedy. Selection-Bow Bells (Sullivan).

New Mayfair Orchestra. Vocal Gems-Lilac Time (Ross and

Schubert, art, Clutsam),

Columbia Light Opera Company.

Selection-Words and Musle.

Debroy Somers Band. 10-80 p.m. Ragby Mid-day Press News.

“10.35′′p/m."""Close"Down,"

Adams Express Alaska Juneau Gold

Mining Co................. 20

American Can Allied Chemical and

Dye... American & Foreign

Power

March 3. March 6.

9% 10

1534

21%

158

10314

103

10%

30%

tion

American Metal American Smelting American Tel. and

Tel.

Tabacco American American Water.

works Anaconda Copper Auburn Automobile Atlas Corporation.. Baltimore & Ohlo Bethlehem Stee! Borden Company Borg Warner Canadian

Railway Саве, 3. 1. Chase National Bank

20% (bid price) Chesapeake Corpora-

414 Chrysler Corporation 56% Columbia-Gas... and

15% Electric Commonwealth and

*2% Southern...

24%

404

121% : '121

784

- 23% 46

214 20%

15%

Violin

534

B4

13

-13%

·31

31

40%

45%

123%

26

20

Pacific

10%

15%

70%

70%

29

41

55%

16

2%

10

30%

way ....

120

1284

-18

187

7%

75%

United Aircraft and

Trans.

25% 21%

4%

44

United Corporation 7

7

United Gas Improve-

100%

mont

17%

17

00

10

U. 8. Rubber

2016

10%

and

U. 9. Steel

65

55%

18

184

Universal Lent To-

bacco

Ung.

42

75%

714

Vanadium

2814

27

15%

15%

Warner Bros. Pic-

Ung.

0%

tures

736

7

+221⁄4

Westinghouse E. &

834

B3%

M.

40%

39%

301%

Woolworth

51

51%

44% 20

44%

19%

88%

38

ment International Har-

อเม

31

42%

48

244

144 Бу 20% 73

144

68

20%

74

65th

32

1R4

82%

30

20

27%

27%

20

88%

Owens-Illinois Glass Gaa and Pacife

Electric Packard Motors ... Pennsylvania Rall-

road

20

10%

88

2034 57%

B7

10%

6

ast

36%

9%

3%

175%

17

-8%

8%

41

4214

45%

Cor-

"The Code authorities are the keepers of their Industrial Light brothers," he added, "and they Fox Film "A"

every safeguard General Aviation must establish

General Electric against erasing the small operator General Foods from the scene. The Codes should General 3fotors **** Railway check roverse competitive methoda General Signal whereby, the little fellow is being.

Gold Dust squeezed out."--Reuter.

Goodyear Tire and

Rubber International Co-

INDIA QUAKE

RECONSTRUCTION

COMPREHENSIVE PLAN ARRANGED

vester ...................... International Nicket 24 International Tel. &

Tel. Johns Manville .... Kennecott Copper.. Lehman Corporation Lip ett and Mycra ∙He is expected to pay a visit to In a communique, issued after n

London, March 5.

"B" Hongkong after completing his meeting of the International Tin Sir Samuel Hoare, replying in Loew's Inc.. tour of Inspection at "Amoy, Commlitee to-day, it was revealed the Commons to a question regard- Lorillard F. (Com.) Swatow and South Chinn ports that the Committee had decided ing reconstructive works in pro- Montgomery Ward Central Newa,

not to recommend a change in the cesa in relation to the recont National City Bank output quota from April 1.

(bid price) earthquake in India, said a com- The next meeting will be held prehensive plan had been worked National Distillers

out by the Government of India New York Central. North American and the Government of Bihar, in

Company

THE CHANGSHA CONSULATE

TO BE RE-OPENED

NEXT JUNE

London, March 5.

.

in Paris on May 16.-Reuter.

The weddings are announced to take consultation, covering the re- place shortly of Mr. Walter Mont Construction of Government build gomerlo Groves, clerk of 18, Kent Rod,ngs, financial assistance to the relief to Kowloon Tong, to Mias Maxime local authorities and Skogland, bank clerk, of Stratford, | private sufferers. New Zealand, who is on her way to A special Commissioner has the Colony on the .. Kemo Maru; boon appointed by the Bihar Gov- Pennroad Corporn- Mr. Robert Darr Dell, ship-builder, ernment and with the financial

Phillips Petrolçum of 4, Miss Mary Lang Wilaco, In the House of Commons to stenographer, of 13, Stanley Terraco; assistance given from central Radio Corporation night, Sir John Simon sald her, Carlos Maria da Silva, of 23 revenues, he had no doubt the Reynolds Tobacco expected that the Consulate at Jordan Rad, to Miles Esther Maria da work of reconstruction would be

Laken Changsha would be re-opened next Sousa Carvalho, of 1, Cambay Build vigorously June-Rauler.

Ings, Kowloon.

Wireless.

The m.v. Silvercypress, from New York, sailed from Shanghái on the th Inalant and is expected here on the 8th instant at daylight..

DAY BY DAY NEWS IN BRIEF

LAW SHOULD DE LIKE DEATII, | The Quarry Bay School's Spring WHICH SPARES NO ONE-Montes- | Festival will be held on Wednesday, quicu.

Bfarch 28, at 11 s..

tion

up-Briital | Sears Rochuck

48 Rocony-Vacuum

poration

174 17 Southern California

Eligon

18% 19 Standard Gas and

Electric

-1314 13% Standard Oil Co. of

40% N...*** 40% Starling Products.

Inc. Stylebaker Corpora-

tion ..... Transamerica **** Torna Corporation Union Carbide and Union Pacific Rail.

Arriving in Hongkong co the se President Coolidge on March 15th, is For hawking his wares aboard tha Mins Betty Marino, the well-known steamer Fat Sinn without a licence, During the week-end two canos, of violinist and radio star. Miss Marina a young Chinese was fined $20 or two small-pox (ono imported), fiva case has been broadcasting ever Interweska prison by Mr. Balfour in ths of meningitis and one case each of mailenkt Broadcasting Co. radio `in Central Folico Court this morning America and is on a trip around the Sub-Inspector Smith sald a steamship typhoid and puerperal fever, were re- world.

-leonce état $24,

ported to the local health authorities.

Carbon ITI

ABSORBINE JR,

KILLS CONTAGIOUS GERMS OF

HONG KONG FOOT

હો.

The tiny germs. that cause the dreaded disenso Hong Kong Foot Jurk everywhore. They get un der the skin-it itches, bocomea white and tolet, cracks appear between the too. This tasty liscaro sprends quickly. Stap Hong Kong Foot at once-apply Absorbino Jr. It penetrates, lulls ti gorma and is soothing and healing.NUS TR

Absorbine Jr., for years, ha rolioved skin eruptions, Insect biten, toothaches, and paina.

Complate directions in English d Gainera with end bottle.

FREER AND EASIER

TENNIS

Whether you believe in hitting" the ball straight up into the air or in sending it whistling past your opponent's left ear, you will enjoy doing it in one of our new knitted tennis shirts. For the half-length sleeyes and the two-way collar aro gloriously free and easy, The knitted fabric is cool and absorbent, And being cut like a running vest this shirt makes none of those alarming attempts to slip out of your trousers at embarrassing moments.

COTTON — WOOL

$5.50

$7.50 Leos 10% Cash Discount.

+

MACKINTOSH'S LTD

CARPETS

ATTRACTIVE

DESIGNS AND

COLOURINGS.

Moderately Priced.

INSPECTION

INVITED.

ARTS &

CRAFTS Ltd.

Colds

Severe illnesses may develop from a simple cold. Therefore take 'ASPIRIN' immedi- ately. It relieves the cold.

BAYER

ASPIPIN