1935-04-01 — Page 18

Wall Street Review

LESS ACTIVITY ON EXCHANGE

(Special to "Telegraph")

REHABILITATION

OF KIANGSI

INDUSTRIAL PROJECTS

CONTEMPLATED

Shanghat, Apr. 1.

THE HONGKONG TELEGRAPH.

ANGOL-RUSSIAN

ACCORD

(Continued from Pago 1.) ·

an oficial communique that the Ang.o-russian conversations, de signed to perpetuate the peace of Europo, had met with a large mea-

MONDAY, APRIL

S'HAI MARKET

REPORT

EXCHANGE RATES RISE ·· SLIGHTLY

Shanghai, April 1. In a statement made to pressmen,mas vi success.

Rates are up slightly, an 'the Mr. Kung Hauch-aul, Commisatoner

Mr. Eden, who has been conduct this morning, due to Saturday's Foreign Exéhänga 'Market hore of Construction of the Klangel Provincial Government, who is in actions with the Russian rise in London silver prices, here to discuss detailed matters in Government for the past few Traders, however, are awaiting connection with a $2,200,000 loan days, left for Warsaw at 10.45 developments of a definito tend- commitments On reports buying, the market eased at about M. Litvinoff, the chlof Russian10.16. At 11.00 a.m. the market figure in the parleys, and Lord was slightly stendler.

The market was easier at the

New York, March 81. Reflecting the lessening activity the nett loss for the year 1934 is to finance the construction of on his Government's cadenvours reported as $1,060,890 as compared water-works and an electric power to assure all nations of security. with $199,121 for the year 1933. plant in Nanchang, declared that Hositancy among_traders-stf-egotiations were in progress with

on the New York Stock Exchang9. from the Chinese Finance Compuny (2.m. to-night, where he will carry Jency before massoon's interests

:

continues in Wall Street and is certain German merchants for the Chalston, the Brilah Ambagandor close of the morning session, U.S.

Favourable market factors include:---

(1) Increasing lumber orders and shipmont expectations;

supply of machinery and other

enterprises.

to bid Mr. Edenlerling.1/0.

.

Gold bars were $884.00. Is in widely rumoured that

United Press. Sassoons are now overbought.-

preventing the making of any mechanical equipment for these two together with high Dollars are quoted at 37 6/16 and definite market policies.

Soviet officinis and diplomats, were at the station He went on to say that along farewell. side with the rehabilitation of the former Red districts in the pro- vince, the Provincial Government of train was carpeted and a picked The platform to the waiting Kiongsi would proceed with another guard of honour was drawn up ambitious industrial development along its length, while Union plan, including the building of a Jack Buttered alongside the flag paper mill, timber yard and porce-of Red Russin. Inin Inctory. The Government hoped that capitalists would co operate with the Government in carrying out this industrial develop. ment programme-Central News.

(2) Additional refunding opera- tions:

(3) Automobile production con- tinues high.

Unfavourable factors include: (1) Chain store sales for March are likely to prove unsatisfac- tory owing to the international monetary situation;

(2) Continued threats of strikes; (3) Forolyn operators holding aloof.

Cotton prices were two points up to nine points lower on the New York Cotton Exchange, yes- terday.

Trading was featured by the continued steadiness of old pasi- tions and the renewed easiness of

the new months.

The tight aput situation and the straddling operations by foreign interests on the export subsidy plan together with the growing opposition to the processing tax brought sufficient buying to the near months to hold them steady above the previous levels by a few points,

Most of the liquidation came from traders proft-taking and from the South and New Orleans.

United Press.

CHINA DISTILLERY

OPENED

TAKES CARE OF DOMESTIC NEEDS

Shanghai, March 31. Ceremonies presided over by Mr. Chen Kung-po, Minister of In- dustry, were held here. this after- noon in connection with the inauguration of the first Chinese Spirit Manufacturing Plant, all equipment and machinery of which

This is partially

purchased from England.

Government enterprise and is financed with capital of $1,500,000. The enpa city of the plant la anid to be 700,- 000 gallons of spirit daily, which is sufficient to meet domestic de manda.

In a speech delivered before the opening Mr. Chen Kung-pe ex. pressed the hope that the Chinese Spiritt Manufacturing Plant repre sents the first step toward develop. ing various branches of the industry in China through co- operation between the Government and the merchants and Industrial ista-Central News,

T. V. SOONG JOINS BANK OF CHINA

CHILD'S BODY

DUMPED

DIDN'T KNOW THE REGULATIONS

was brought

UNCERTAIN OPENING

opened uncertain. but there was The Shanghai Exchange market some early buying.

The market turned easy speculators and Chinese Banks buying.

A little group of busy motion picture cameramen ground away to perpetuate the scene for thon- Banda who have read of the | Anglo-Russian talks and who will want to see the principals. -Reuter.

In a brief broadcast address, Mr. Eden, thanked the Soviet for

on

smail buyer, while one foreign A certain bank appears to be a speculator is reported to be selling.

1935.

RADIO BROADCAST

Relay of Hongkong Hotel Dance Orchestra

Z. E. K. PROGRAMME

From .D.W. on a wavelength fo 356 metres (846 kilocycles).

3-8 p.m. European Programme. 5-7 pm. Hongkong Hotel Dance Orchestra.

7 p.m. Stock Quotations, 7.03-7.2 p.m. Excerpts from "The Gondoliers" (Gilbert and Sullivan) sung by The D'Dyly Carte Opern Company.

7.25.7.35, p.m - Good Company

Medley (arr. Willoughby). The J, II. Squire Celeste Octet. 7.35-7.50 p.m. Hurry Hoy's Tiger Ragamuffins.

1. St. Louis Blues; Some of these clays. 2. Dinah; After you've gone;

Nobody's Sweetheart. a, Sweet Suo Just you; Heebio

Joobles:

I wonder where my baby is

-to-night 4. Pox-Trot Medley, 7.50-8 pm. From the Studio. "A Cinema Review" by Silhouette.

Hing Theatre (Chinese).

3. Time and Weather Report. 8.03-11 p.m. Relay from the Po

11 p.m. Close Down.

Z. E. K. PROGRAMME 8.30.10 pm. European Reenrded 640 kilocycles.

its, hospitality, and M. Litvinoff, STREET FLOWER SALE Me from ZF.K. on n frequency of

replied: "1 wish you Auccess. Your success will be our success now."

formulating of

the

a commott

It. was indicated that the Russian and British spokenmen understood one another and had An unusual case fore Mr. Alacfadyen at the Cen-arent reached firm ground in tral Police Court this morning. policy for when Pun Yun, aged 12, nem-peace-Reuter ployed, was fired $20, or month's hart Intour, for unlaw- fully moving the body of a male child without the written direction

f the Registrar of Death.

disuse,

1

Births

one

and

OVER $2,000 RAISED FOR CHILDREN'S AID

8.30-9 pm. Light Orchestral Selen. tions,

Dancing down the Ages (arr. Finck). Fantasie on Offenbachs Opers

Hoffmanns Erzahlungen."

Vienna by night (Komink). The Grasshopper's Dance (Bueniessi),

Piano Solo-Variations on "Who's

9.9.30 p.m. Variety.

afraid of the big Bad Wolf." Plane Solo-Boleró.-.

Jacques Pray and Mario Song-Smoke gets in your eyes.

Bragelotti,

in aid of the funds of the Hong

A total of $2,500 was collected kong Society for the Protection of Children as the result preservation of

of the street sale of flowers on Saturday, The collection was organised by the Women's Auxiliary of the Society for the Protection of Children, the officers of which are: President. Lady Southorn, O.E.; Chairman, Mrs. N. L. Smith; Hon. Secretary, Mrs. A. Hicks; Han. Treasurers, Mra Hospes and Mr. ladies in charge of districts and Y. K. Chow. In addition to the the helpers. valuable assistance. Carroll Gibbons and John W.

R.A. GUNNER CHARGED

(Continued from Page 1)

Turner Layton (Tenor). Song There's no more you can say.

Turner Layton (Tenor). Orchestra-Happy, as Happy

("Caravan").

Orchestra-The Wine Song. Piano Duel-The Way to Love-

Selection.

was rendered by. Mrs. R. M. Hen-Organ derson.

It was stated by Sub-Inspector O'Connor-that about 7 a.m. yester day & Sanitary Department contie was on duty outside No. 2 Pal Tazendding that it did not state that Lane, when he saw the defendante

was liable to a charge of umping the body of a small child desertion. utside the house, He made a "I occupied my time, waiting report to a constable, who made for the boat to leave, in walking

ulries at the house. The deto Canton," said accused. "I arrived the street sales were the follow- Amongst those taking part in fendant admitted that he had just in the evening and decided to get (ng: lumped the body of his small son.à meal and then give myself upi

The prosecution

Central District-In charge of produced doctor's certifiente stating that theed an Indian constable

to the civil authorities. I approach-Lady Shenton, assisted by Mrs. J. W. child had not died from infectious British Bridge and anked him the Turner, Mrs. D. S. Gubbay, Mrs. Franks, Mrs. McAvoy, Mrs. Bennitt, on the Mrs. Mead, Mrs. de Precourt, B1r. M. way to the Y.M.C.A. He asked me Davies, Mrs. Holmes, Miss II. Ger where I came from and I told him rard, Miss B. Gerrard, Mls 1. Haf

was from Hongkong"

cok, Mlus A. Steele, Miss Vera Hodg. Witness said he was then taken

gon, Miss M. Beever, Miss J. Brear- to the Police Station and he there ex. Mins J. Dowbiggin, Miss B. Elder- told the Captain Superintendent Miss L. Sroner, Miss Gillespie, Miss ton, Miss R. Smalley, Miss C. Bone, of Police that he wanted a meal. Wallace, Misa Delcourt, Miss M. before giving himself up. The Young, Miss Pearl Chow, pollee officer detained him at the West Central District-In charge Police Station until he was taken of Mrs. Langley, assisted by members abourd H.M.S. Cicala prior to of the Nursing Divisions of the St. boing, brought-back-to-Hongkong John Ambalance Brigade

Accused was found guilty of the charge preferred against him and the intence will be pro mulgated later.

Defendant pleaded guilty and stated he had just come from the country and ditt not know the regulations.

MORGAN ART TREASURES

MAGNATE SELLING

POSSESSIONS

New York, Mar. 31. Mr. J. Pierpont Murgan has sold his art treasures and real estate and is now trying to sell his yacht, in

making preparations for ini beritance taxes on his estate.

Rumours that he is prepared to depart to take up residence in England ure said to be entirely false.

Mr. Morgan says that he believes that. América is safely emerging from the depression.

Also he has expressed the belief that he considers currency inflation to be most unlikely.—United Press.

-ADMIRALTY'S PROMOTIONS

.

Green.

Sato-Love in Bloemi, Sidney Torch. Violin Sofo Remembrance.

Albert Sandier. Sung-What can you give a minlist? Berlha Wilmott (Comedienne). Band-When the Band begins to play.

9.15.10 p.m.

Reminiscences of Scotland (arr.

Band Selections. Slavonie Rhapsody (arr. Winter-

bottom).

Godfrey).

Nautical Moments_(arr. Winter),

10 p.m. Close Dawn.

RABIES VICTIM

MR. J. ELPHINSTONE SUCCUMBS

The shocking statement that In charge of Miss Taylor, assisted by stone, during the week-end

Helena May Inst. and Peak Tram. European, Mr. J. A.. M. Elphin- Miss Roberts and bliss Graspy.

had Quarry Bay and North Point.In admitted to the Kowloon Hospital, charge of Mrs. Phillips, assisted by vielim to rabies, was followed Mrs. S. Simpson, Mrs. R. B. Bell, by the sad nunouncement yester- Miss J. Dalzie), Miss Leung Yim-day that he had succumbed to the Kuen. Misa Chang Mo-chinge

Naval Dockyard:-In charge of Mrs. Ellott, nssisted by Miss Blake.)

Alld-Level District Mid-Lovels. In charge Buyers, assisted by Mrs. C. M. Seth Smith, Mr. Boswell. Mrs. Smithard.

SIR DUDLEY POUND TOM. Andrews.

MEDITERRANEAN FLEET

of Mira.

dread WisesSE.

Mr. Elphinstone died at 3 a.m. yesterday. After everything humanly possible had been done to alleviate his Intense sufferings. The fact was also disclosed that on February 26 Mr. Elphinstone Kennedy Rond, Robinson Road. was at the Dogs' Home to make Mcdonnell Road and St. Paul's Girls' purchase on behalf of his father, College. In charge of Dr. Katie who had written Wao, nesisted by Miss Chan Chee- Formosa, and that whilst there he to him from London, Mar. 30. ming, Miss Jing KR-shin, Ng, Tung was bitten by a dog which the Sen Lord and Chief of the Naval Miss Lilly Lo, Miss Helen Moore,

Sir Dudley Pound, K.C.B., Second king. Wong Yeu-be, Wong Lain following day had to be destroyed. University-Mi-a TH Wanahan, Personnel at the Admiralty since

Only 2 years of age, the late 1932, has been appointed Com-lick4, nssisted by Minses Constance Elphinstone was the only child of Repulse Bay--in charge of Mrs. Mr. James Alfred Montague mander-in-Chief of the Mediter-Cell and Miss Vorn Crapnell, Brussele, Mar. 30. ranean Fleet in succession to Shek-D-In charge of Miss Yvonne merchant and mine-owner of Kabe, Mr. S. Elphinstone, a prominent The Belgian Cabinet apparently Admiral Sir William Fisher, K.C.B., Shraten. clinched its victory regarding the C.B., C.V.O., M.V.O., who has served

Shouson Hill and Deep Water Bay. when a boy, and was first educat- Japan. He came to Hongkong. currency devaluation when King in that capacity since 1932.

In charge of Mrs. D. Seldlecki, Leopold, from reports received, Vice-Admiral Sir Martin Dun Shanghai, Apr. 1.

intervened dramatically at the bar-Nasinith has been appointed It is reliably learned that Mr. eleventh hour after the Senate had Lord Commissioner of the Ad- T. V. Soong has accepted the ap made no response to the Cham-, miralty and Chief of the Naval pointment as chairman of the ber's approval of M. Van Zealand's Personnel in succession to Admiral Board of Directors of the Bank of monetary plans-United Preas. Sir Dudley Pound.-Reuter. China, while the governorship of the Bank is to be offered to Mr.

LOAN ISSUE ENTIRELY TAKEN UP

Soong Han-chang.

When Interviewed.

Dr. H. H.

KING INTERVENES

DAY BY DAY NEWS IN BRIEF

N. L. Smith and Mrs: Ralston, as. In 1923 he procceded to England Peak Distelet:-In charge of Mrs.ed at the Diocesan Boys' School. sixted by Mrs. J.-R.-Collis, Miss-where he received his later educa- Alabaster, Mins Monckton, Miss Gibtion at the Shoreham Grammar bon, Miss A. Evans, Miss M. Taylor, School (Brighton). Finally, Miss D. Dodwell.

he wint to the Automobilo Kowloon Section

En- Kowloon,-In charge of Mrs. Begg,

gineering College of London, from assisted by Mrs. C. N. Barber, Mrs. Which he graduated with diploma, CB. Easterbronk, Mr. S. Garrod, While in England he was under Miss W. Corre, Mr. C. M. Manners, the guardianship of Mr. D. G. da Mrs. F. Martin, Mrs. P. Wisden, Silva, of the Sun Life Assurance

Kung, Finance Minlater, expressed JUSTICE WAS ORDAINED FROM THE | The P. and O. her Ranchl, withins E. Witchell, Bliss D. Witchell, Co. of Canada. the belief that the Ministry of FOUNDATIONS OF THE WOULD AND the English mails, is due here at noon tirs. Wheaply, Mrs. Sharp, and the Finance would likely confirm the WILL LAST WITH THE WORLD OR on Wednesday.

LONGER Carlyle.

On returning to Hongkong, Mr. Misses Nam Hing-kan, Chua Shun-Einhnstone joined Messrs. Wal- resolution adopted by the extraor

wah, Pong Chun-haar, Wu Wal-tong. tace Harper and Co., Ltd. later go- dinary meeting of shareholders of

H.E. Admiral Sir Frederic Droyer, long Pik-yae, Chan Min-lanz, Chin ing into business on his own ac-. the Bank of China, authorising

The Director of St. John Ambu-Fleet Station, left for a visit to the line and Chan Ynt-laan

Commandor-in-Chief of the China Kam-lin, Chin Kam-Lean, Tsang Shun-count. For over a year he was the increase of its reserve capital and has the honour to acknowledge West River this afternoon aboard from $25.000.000 to $40,000,000. with' grateful appreciation

and I.M.S. Falmouth. The Admiral will charge of Mrs. Maughan, assisted by pany.

Happy Valley and Wanchal-In the proprietor of the Service Com- thanks a donation to the Furniture call at Canton on Wednesday and Misses Patsy Wood, Mary Joy Par service station at. Ashley Road The $100,000,000 worth of loan Fund of the New Headquarters Bulld-return to the Colony on Friday.

and managed a a garage and bonds were issued, from to-day, ing from Mr. Kwok Siu-lau, $260.

sonn, Peggy Macfadyen, Pear! Beau- Kowloon, but at the end of bat will not be placed for sale in

cannon, Caroline Cafin, Dorothy Sal- the market. na they will be fully

sold the business. mon, Georgette Crosthwaite, Dorothy

period absorbed by the Central Bank of Chin the Bank of China, and.

and Publicity Bureau, Ltd., with the Bank of Communications.

whom he remained until December last. Central News,

ERRATA

of the late B.Q.M.S. Francis, Royal by Mr. W. Schofield, at the Central chin, Ivy Therwell, Alion Therwell.

A charity' ball in aid of the widow" sentenced' to 'nino' months had labour. Watson, Nancy Kerrison, Peggy Kin- contly, he joined the Advertising

Mackintosh's

There s a

time for everything-

and now is the time to think of Summer Suits, There'll be plenty of time to ure them while our railon of sunlight increases daily,

Coal and porous, light and comfortable, our new

WASHING SUITINGS

ate good to look upon, but oven better to wear on a

hot day.

May we show them to you?

(MEN'S WEAR

ECIALISTS

CHEVROLET,

THE STANDARD SIX COACH

COMFORTABLE. HEALTHFUL MOTORING FOR THE WHOLE FAMILY.... and at the lowest cost.

The roomy Fisher Body is equipped with FISHER VENTILATION, THEFT-RESISTING-DOOR LOCKS, ADJUSTABLE- SUN VISOR and many other conveniences.

AN UNDISPUTABLE Big car vaLUE AT H.K. $1710 NETT-Hong Kong Delivery.

FAR EAST MOTORS

ACO

Instal a

26, Nathan Road, Kowloon,

Telephone 59101,

GAS GEYSER

and be sure of HOT WATER at any time

Re-

MONTHLY

Tapl Chung-lit, unemployed, was

4

HIRE

$1.10

Artillery, is being hold in the Garagistracy this morning, for having

5. Mrs. Francis has been left in reducant was banished for a period of ton

Ron Lecture Hall at Bp.m., on Anril returned from banishment, Defend

ed circumstances, and has three

RAW RUBBER PRICES

LATEST SINGAPORE

QUOTATIONS

children, all under eight years of age, in First Street, West Point, on in

yeurs last year, and he was arrested to support.

formation. He said ho was passing Through an unfortunate slip, monger, was bound over in the sum,

Cheung Yuk-kwal, aged 19, a fish- through Hongkong on his way to

Swatow. the reading matter accompanying of $25 for a period of six months, two illustrations In Saturday's when he appeared before Mr. Mac- Cheung Cham, a returned Vanishoo, issue of the Telegraph Pictorial fadyen at the Central Polleo Court, was charged before Mr. Wydas Jones Supplement became transposed. this morning on a charge of nasult at the Kowloon Magistracy this morn- Mosses. Benjamin & Potts hava`ro- The group in which Lady Pool was wood Road, Sub-Inspector O'Connor fore bis term of banishment for ton quotations (buyers) from Singapore ing Yu Hung, a shop foki at Holly. ing with returning to the Colony boceived the following Straits currency described as sitting third from the stated that defondant alleged that years had expired. It was stated that today for raw rubber: right was in reality the stuff of complainant and some other men the defendant had seven previous con- the St. Stephen's Girls' School, in assaulted him at the Tal Ping Theatre viction for larceny and one for a which her ladyship did not, of at 7.15 p.m. on Saturday... The next branch of the Deportation Ordinance. course, appear. We regret the-day about 1130-am, the defendant fentence of one year's hard labour

saw the complainant and struck him, was passed.

Spot... May/June) Oot/Doo. Julv/Root.

Markot:-

is

He was a member of the Flying Squad of the Hongkong Police Roserve.

The funeral takes place to-day at the Catholic Cemetery, the cor tego passing the Monument 5.30 p.m.

OCCASIONAL RAIN

at

China, pressure being highest to A moderate, anticyclone covers

the west of Shanghai: A ridge of 10% moderately high pressure extenda across Kores and the Sea of Japan. Local forecast: NE. winds, me- derate; "cloudy," occasional ruin; cool

21

HONG KONG & CHINA GAS CO., LTD,

Showrooms-Gloucester Bldg.

G 246, Nathan Road, Kowloon Telephone 28181