1934-07-05 — Page 7

S

DOMINION LOANS

SAFEGUARDING OF STOCKHOLDERS

POWERS OF UK. „GOVERNMENT.

GERMANY TO PAY

(Continued from Page (1.)

THE HONGKONG

TELEGRAPH.

LAWN BOWLS.

Craigengower Players' Field Day.

ALL WIN THROUGH.

THURSDAY, JULY 5, 1934.

LONDON STOCK

EXCHANGE

LATEST SHARE

QUOTATIONS

RADIO BROADCAST

The following quotations on the TO-DAY'S BROADCAST. London Stock Exchange have boen Yesterday was a floid day for Crai-received by Meers. Swan, Culbertson gengower Cricket Club representa and Fritz in conjunction with Reuter. tives, who made a clean swoop of their matches on the Lawn-Bowls Pairs and Singles champlonship mat cher.

of the Reichsbank embodied in the communique Issued on 20th May. 1934, shall apply to all interest, etc., due in respect of investments which on 16th June, 1934, were in ownership of the beneficin) British holders, provided that if the German Government should conclude any agreement with any other creditor country under which more favourable terms are London, July 4.

accorded to restdents in their An important statement was country in respect of non-Reich made in the House of Commons loans, it shall be open to, British by Mr. Neville Chamberlain on holders to claim corresponding the subject of the Colonial Stock treatment in respect of inveat Act (1900) Declaration, Billments held by them on 15th June, 1934, and should such claim be recently passed in the Parliament put forward, the question will be of the Union of South Africa. settled by agreement between the

This, he said, was the result of two countries on a basis of non-Club' green.

agreement between His discrimination, taking account of Majesty's Governments in the all circumstances, including any

which United Kingdom and the Union. advantages

Germany Last autumn, the Uulun Govern receives from other creditors as ment informed us that they pro compared with any advantages which Germany receives from the United Kingdom.

un

to repeal the section of the South Africa Act, 1909, which of providon for the exercise powers of disallowance in respect of Union legislation. The action was in accordance, with the con- stitutional developments of the last few years.

BRITISH POWERS IN SUSPENSE. Finally; the agreement provides that the British Government will not, during the period of the agree, DISALLOWANCE PROVISO.

ment, exercise in respect of Ger- many the powers vested in But one of the conditions pre-Government by the Debts Clearing scribed by the Treasury under the Omecs and Traports Restrictions without prejudice to course, standstill terms in regard to short. term debts.

the

་

5%

Chinese Bonds.

July 3. July 4.

Bonds 1808 (Eng, Ins) £101% £101 £ 92 Loan 1905. 02. Loan, 1912. 70% 70% £ 94%×¢£ 94% Reorg. Lean

Bonds 1925-47 £ 99% £01

U. M. Omar and D. W. Bradbury experienced very little difcalty in ac-4 counting for C. E. Elliot-Heywood and A. E. Silkstone by 20 shots to sight on the Kowloon Dock Recreation Club green, while their fellow club-mates W. K. Way and A. B. Gomes caused a surprise by eliminating the Police pair, W. McCleod and W. Mair. by 28-Pukow shots to 14 on the Talkoo Recreation

5

In the singles championship, G. Dunens and J. S. Landoft. both of 5 Craigongower, gained victories over 3. M. Jack and II. Overy, to complete their Club's triumph for the after-5 moon.

The results:

PAIRS CHAMPIONSHIP.

11. M. Omar and B. W. Bradbury beat C. E. Elllot-Heywood and A. E. Stikstone by 23 ahots to eight.

W. K. Way and A. S. Gomes heat W. MeCleod and W. Mair by 23 shots to 14.

The postponed pairs championship match between A. W. Grimmitt and F. J. Jones and T. Perkins and E. G. Recreio green on Tuesday at 5 pan.

Len, iss.)...

8'hai-Nanking

nly.

£ 34

£ 36%

Rly.

Tient.-Pakow Railway (Bupl. Lonn)

£ 20 Sp £20 S'hai-H'chow.

£ 984 Ningpo Rly...., £ 0814

£ 3144 £ 3114 Honan itly.

1911

£ 36 £ 30 Hukuang Bly. 5% Lung Tsing U.

£ 1014 Mai Rly, 1913. £ 104

Foreign Bonds and Banke German 7% Int. Lean 1924 ... Japan 5% Sterling

Loan 1907 Japan 0% Sterling

Loan, 1924 II.K. & S'hai Bk.

0324 63

£ 741⁄2

€ 88%

£ 74%

£89.

£133

Lan. Reg.) .. £132

Colonial Stock Act, 1900, with Act, 1934. The agreement is, of Post, will be played on the Club de / Chartd. Bk. £6 sh. £ 16%

Asspeluted

Industries.

18/0 18/7

118/19 117/6

18/4

90/1

18/- 90/41%

50/4

50/10%

10/0

00/0

45/3

45/9

28/714 28/7

427-

42/-

4379

43/74

35/6

36/6

Impl. Chem Ind.

8/9

-R/D

125/0

126/10%

103/-

103/-

Electric

£ 10% Industrials and Breweries. which overy Dominion or Colonial

SINGLES CHAMPIONSHIP.

Elpe. Government must comply in order to obtain trustee status in the United Kingdom for their securi- Mr. Chamberlain added that in Making his firal attempt in cham-British-Amer. Tob

(Bearer) tics, stipulates that the right of the preamble to the agreement, plonship bowls, A. M. Rumjahn lost!

their to J. K. Sloan by 22 abots to 16 on Chinese Eng, and disallowance

Club! shali

be expressly both Governments affirm

Craigengover Cricket

Min. (Benrer) recognised

the by

borrowing earnest desire that the trade and the

Sloan was playing a good Tate and Lyle .. Government in respect of any Asuncial relations between these green.

non-game, and, although Rumjohn was at Courtaulds legislation which appears to the countries will continue on

Dunlop Rubber United Kingdom Government to discriminatory and most friendly tires lying three shots, just come in Distillers

Lo lay the xhot

G. Dancan, of the Craigengower Everready 6/ h alter any of the provisions affect basis and that the volume of

(England) ing the stock to the injury of the mutual trade shall be maintained Cricket Club, played havoc with J. General stockholder, or to involve de-and, as far as possible, increased. B. Jack. of the Kowloon Cricket Club, parture from the original contract. In pursuance of this principle, the winning by the big margin of 22 shots Boots in regard to the stock.

German Government have inform-to five on the Indian Beercation ClubImpl. Chem Ind.. The Union Government, thereed the British Government that green. A: the end of the sixth bend,

Jack was leading by four ahots fore, realising that when the power they are prepared to negotiate an three, but thereafter Duncan was his of disallowance ceased, theso con agreement for commercial paymaster, scoring a four on the 10th. ditions would, in the absence of an ments similar to these which are head and three threes

6. Perkins, of the Police Recreation express stipulation, become nuga- or may be in force between Ger-

a close game with C. J. tory, and, desiring to maintain in many and other countries. This Club, had

CX- Tacchi, of the Kowloon Cricket Club, the fullest possible degree the matter is dealt with in an rights of holders of their stocks, change of lettera contained in the on the Civil Service Arcen, winning Ly 22 shots to 16 on the 22nd head, approached the United Kingdom White Paper.

J. S. Landalt, of the Genigengower Government with Д view fo

Cricket Club,,accounted for H. Overy, of the Kowloon Cricket Clab, by 21 devising an alternative form of safeguard.

shots to 19. The match was played on the Police Recreation Club green. Both men played good bowls,

NEW.STIPULATION.

'SATISFACTORY SOLUTION, Concluding, Mr. Chamberlain said: "It would have been mare satisfactory if the German Govern-

As the result of discussion, it ment could have made an arrange- was agreed that the Union Government with all its creditors on the mont should enter into an under lines of this agreement, but as taking with the United Kingdom the German Government is eng- Government, not confirmed by thenged in separate negotiations and Act referred to, and that the new with different creditors, we have undertaking, which should be ac-been forced to take the same line. cepted by the Treasury, subject to and I hope the House will agree

of Parliament, as an

so far as this country that.

CORRESPONDENCE

ia

ernative to the existing slipuja-eonrerned, this agreement is a tlon, should be as follows is satisfactory-solution."---British'

Government in the Wireless. Majesty's Dominion has undertaken that legislation which appears to the United Kingdom Government to amend the provisions affecting stock to the injury of stuck- holders, or to involve departure ..from the original contract in regard to the stock, shall not be submitted for Royal assent,

Consideration for Others

cept after agreement with the To the Editor,

United Kingdom Government, and

that if attention is drawn to any

such legislation as aforesaid after

A CHOICE OF METHOD.

"Somewhere

Hongkong Telegraph.

011 Stubby

CHANGING POLICY.

NAZIS SWINGING TO THE RIGHT

to Def. 10/ły.. Impl.Tobacco Woolworths

Berlin, July 4. The official Nazi policy le ex- pected to tend niore and more to the Right, following Herr ffitler's realisation of the serious pass to which the business of the country has been taken.

Internat. Nickel

no par val... $ 26% $25%

Johnson Pinchin

10 h......

30/0 39/6 47/1.1 -17/8 22/3 22/3 Turner & Newall Unilever

Miscellaneous,

25/

*13/3

Anglo-Dutch Burnin Corp. Ra.

10.... Canadian Pacifie

Rly, $25 sh.... $ 134 Chartd. 15/sh.

(Bearer)... 1. 22/6 Gula Kalumpong Rubber... Trepca Mines Langlangte

25/6 13/16

$13

22/-

11/10/2

23/-

23-/

12/-

Extates

32/6

#127-

London Tin 10/-

sh.

13/-

13/3

21-

2/- 34/-

Pekin Synd 2/- art. sh...... Rubber Trusts....... S'hai Elec. Constr. ¡Electric Musical Van Ryn Deep

Industries.....

Oils.

Despite the apparent contradic- Lions, this view of affairs is borne

Anglo-Persian Oil out by the execution of Capt.

Burma Oil toehm and other Nazi extremists. Southern Railway (Deferred).... While it may be assumed that the Reichswehr would not support Royal Dutch 100

11. sh. the, Government without satisfne- tory assurances that the views of Shell Trans and Trad. (Beater) the Junkers and industrialists:

ст.

16/10% 46/10 79/44 79/41⁄2

24/411⁄2 24/43

RELAY OF HONGKONG HOTEL

`DANCE ORCHESTRA

From ZBW on a wavelength of $55 metres.

6.8 p.m. European Programme. 6-7 p.m. A Relay of the Hongkong Hotel Danco. Orchestra from the Hongkong Hotel Roof Garden, 7-7.30 p.m. Light Opera. Vocal Gems-Patience (Gilbert

and Sullivan);

Columbia Light Opera Company. Selection Tom Jones (German).

The Regimental Band of H.M.

Grenadier Guards. Vocal Gems The Quaker Giri

(Monckton).

Light Opera Company. Soloction-X Bello of New York

(Korker).

The Band of HLM. Coldstream

Guards, Closing Local Stock 7:30 p.m. Quotations. London and New York Stock and Commodity Quetations.

7.38-8 p.m. Variety. Vocal Duet-To-night.

Anna Neagle and Trevor Jones. Orchestral Love you so

(Tango Serenada);

Geraldo and His Orchestra, Instrumental-Canadian Capers. Instrumental-Kitten on the Keys. The Six Keyboard Kings. Vocal All of a sudden. VocalWe Just couldn't say

Goodbye.

Chick Endor and Charlie Farrell. 8 p.m. Local Time and Weather

Report.

4.03-10.30 p.m. Chinese, Studio

Concert.

9.30 p.m. London 1 p.m. Exchange, and Commodity Quotations,

10.30 p.m. Rugby Mid-day Press News,

Further Exchange and Cominodity Quotations from London, followed by New York Opening Quotations

1040 pm. Close Down.

All relays of the Hongkong. Hotel Orchestras are by courtesy of the Management.

CHOPPED DOLLARS

CHINESE COMPLAINT TO CHAMBER OF COMMERCE. Chinese complaints of a shortage of Hongkong bank notes of small denomination, chiefly $10 and $5, and the refusal of Banks to accept chopped sliver dollars were made at the menthly meeting of the Chi- nese Chamber of Commerce yester- das afternoon.

Che meeting was presided over by Mr. Li Sing-kui, the vice- Chairman, in the absence of 'Mr. Wong Kwong-tin who was india- posed.

Mr. Chan Woon-tong, a member of the Chamber, lodged a complain regarding the suffering of the Chi-

renson

33/0 53 53/nese middlo and lower classen through chopped dollars. It was 63/14 63/1%

pointed out in the subsequent dis- 27/- 27/6

cussion that the dollars were most- ly chopped In Canton, or by firmas in the interior of Kwangtung, and why there was no good local banks should reject them. One of the members suggested that the banka should withdraw all chopped dollars from circulation.

Concerning the shortage of notes WILA of small denominations, it

been pointed out that there has considerable hoarding of $5 and $10 notes aince the recent dile covery of forged $500 notes.

Firms in Canton have exchanged quite a number of $500 notes for $10 and 36 notes, which have been hoarded.

sub-

£ 214 £ 21%

Би- 50/- 28/9 28/0 240/3 247/4

BRITISH NAVY IN FAR EAST

(Continued from Pago 0.)

Goldenhuis Sir,-~One often heurs quite a thould be respected, the humilin Crown Mines the passing thereof by the lot these days about the Inck oftion to which Capt. von Papen has Dominion Parliament the Govern- manners and consideration shown

prising in this light. ment in the Dominion will take the by people in Hongkong, but the been subjected is all the more sur necessary steps to ensure such following will show that there Herr Hitler appears to have amendment as may be requested are some charming people amongst

his followers have realised that by the United Kigdom Govern-us.

The meeting elected ment."

With two other fellows, 1 was blundered in this direction, with Road" the result that von Papen has quit-

committee of seven members, con- yesterday and happened to be ted the Cabinet. In high dudgeon.

The shooting of von Schleicher

Bisting of Messrs. Wong Kwong- standing by my shoddy little car has left the other generals indiffer-

Yam-shuen, Tang Shiu-kin, Chin House of Commons authorising

A Bill is being presented to the when out of the blue a magnificent|ent, as he was unpopular and re-being able to get back whence it tin, Li Sing-kui, To Jackman, Lo Chiu-fan and Yu Cheuk-sang to go limousine, complete with chauffeur the Treasury to necept an under

That the United States is a self-further into the matter. taking, in agreed form, from any in uniform, drew up. A beautgarded as an intriguing self-seek-came.

were refully attired and lovely lady, with Meanwhile, it is noticeable that contained nation without any con-

The following members Dominion Government which pre- fers to adopt this as an alternative most engaging smile and charm-

Involved in the recent an argument which is certain to Present: Messra. Tang Shiu-kin, Mok Kon-sang, To Jackman, Lo to the existing undertaking, or rig voice, sald:"Have you broken one of the Imperial family is in siderable overseas commitments is

any way which prefers to borrow under the down? May I be of any assistance happenings, despite various alarm loom large at the Naval Confer Yam-shuen, Chung Wel-lum, Mok

ist reports. To-day it was an ence in an effort to persuade the oxisting Treasury conditions, as to you?" Perfectly delightful, Mr.

nounced, amusingly enough, that United States to accept some rein-Lin, Chan Chung-chi, Chow Sing- Anvalchi, Chau Tung-sang, Chu Pak- of ONE OF THREE.

her many of these Governments do, is Editor, don't you think?

Major von Muldner, the Crown tive reduction

tung, Chung Chi-nar, Chịu Chiu- at liberty to continue in the

Prince's aide-de-camp, who was re-strength as compared with other existing practice.

man, Clinn Kam-po, Yu Cheuk-sang, fortable and is working as usualed solely for the protection of Chow Ngan-ting, and others. ported shot, feels absolutely com- navies, al: of which are maintain- fan, Chan Shu-kal, Yung Koon-

Rentor.

overseas interests. Dependence upon overseas trade and colonies of should surely be the

Measure the strength of the navy required. And the relation of the commit- meats of the three great Naval Powers in the Paciae is much the AAMC an It is throughout the world. No other Power can claim more than a fraction of the coast line that the British Empire has to protect, or utter dependence upon acaborne trade, carried over 86,000 miles of trade routes.

1

Mr. Chamberlain said he was Own Regimont, A.D.C. to 11.E. the Lieut. F. R. L. Mears, of the King's entirely satisfied that the existing G.O.C., Major General 0. C. Borrett, rights of stockholders would is proceeding Home on H.M.S. Ber-

His successor nx. be aufoguarded equally under wick_to-morrow. either condition-British Wireless. A.D.C. to the G.0.C. will be. Lieut. J. J. Abbott, of the 2nd Battalion the Worcestershire Regiment, who m rived in Hongkong aboard H.M.S. SUN FO'S VISIT TO Barwick yesterday from Shanghuni.

HONOLULU

JAPANESE GIVEN NO

· ENLIGHTENMENT

The engagement is announced be tween John, elder son of Sir Willlam nnd Lady Pool, Government House, Hongkong, and Rosemary Mia Minka elder daughter of Mr. and Mrs. Robert Headhead, Great House, Hambledon, Surrey.

Kobe, July 4. Interviewed on board the Em. A woman, Wong Mel, was admitted press of Canada, Mr. Sun Fo, to the Kowloon Hospital, yesterday,

of sulphuria "neid being ac...

SNOWDEN BITTER

-ATTACKS PRIME MINISTER IN HOUSE OF LORDS

London, July 4. Lord Snowden's old-time bitter Invective hyns to-day vented on the head of Mr. Ramsay MacDonald during the debate on the Budget In the House of Lorda

Particularly in attacking the re

of the Land Tax did the proachfully. In this connection, he said Mr. MacDonald once came to him with tears in his voice and begged him not to resign.

President of the Legislative Turan suffering from burns caused by votaran Labour lender, wax 20-

of the Chinese Government, Wclientally broken. vory resoryed when naked whether

ho was going to meet President A Chinese who had been living at Roosevelt at Honolulu. Ile sald 563 Chuten Rond, died at the Kwong that he was only going to take a Wah Hospital yesterday after taking short rest with his wife.-Centrel a large dose of oplum at his home. News.

Falling from the second floor of 18 Tung Chol Street, where he was 11 ing with his parents,"

Mr. and Mrs. D. W. Tratman re-

The. Government, Lord Snowdon anid, had dishonoured every one of Its election pledges.

..

WATER LEVELS.

FOR WEST, NORTH AND

EAST RIVERS;

The River Conservancy Commission for Kwangtung Province notifies that the height of water in English feet

The Torica had learnt that Mr.. in the West, North and East Rivors turned to the Colony by the Empress MacDonald was ready to recant is as follows:

alad, Pak C. Gordon Mackie.

Kwok-chol, stenlay suffered serious Injuries, boing in van

unconsciou

condition when conveyed to the Kwong Wah Hospital.

of Russia, as also did the Hon Mr. any profession of polley, brenic any West River at Shlublag 21.8.

pledge and submit to any humilia-North River at Taing- The Bor Lino .. Bendoran is dus tion as long as they allow him.to. here from Home ports vin Straits and call himself Prime Minister, Lord North River at Famahui 12.0 Snowdon railed.-Router.

East River at Bheklung 4.8 Manila on Saturday,

July 3 July 4

0.1

16.8.

0.0 10.3

4.3

People who-go-on-wild- tears learn to mend their ways.

WHAT ARE PLUS FITTINGS

म्

?

A K plus-fitting shoe has the forepart one fitting wider than the heelpart. Thus, extra room for the toes is. provided-a boon this hot weather-yet the heels are clasped snugly. Quite a simple idea, but an outstanding

success.

We stock K plus-Atting shoes in all weights, with round, medium or pointed toes in plain, brogue or semi-brogue- atyles.

The prices range from $23.50 to $39.50 less ten per cent. discount for cash.

&

MACKINTOSHS ITD

THE K SHOE AGENTS.

ARTS CRAFTS

FOR STAINED & LEADED GLASS

WINDOWS.

OPTIMISM

and high spirits should never be disturbed

by kidney troubles' which are a constant danger in this climate. Take

'HELMITO L' TABLETS.

at the first symptoms. They effect a thorough Internal cleansing of the organism.

“HELMITOL" taken in water and sweet- ened to taste is a palatable and refreshing beverage...

HELMITOL

is a Boyer product.

[SAYER

Junior, of USS. Perry, was kill ed to-day in an automobile scal dent near Cavite,

MOTOR ACCIDENT. AMERICAN NAVAL OFFICER

KILLED NEAR MANILAS The deceased naval officer's wife Manila, July 4.-- is at present at Tsingtno,--Urifted Lieutenant Frank Rorschach, Press.