1935-04-15 — Page 19

NEW YORK U.S. Rubber

MARKET

STONGER

COTTON UP DOLLAR

A BALE

BULLISH PROSPECT

New York, Apr. 14. On the New York Cotlon Ex- change yesterday prices were up- ward almost a dollar a bale due to the belief that the Administration will shortly announce a lenn on the 1986 crop.

The favourable factors ruling in the market at present are:

1) Continued good automobile production, which is regarded no the best since April 1930, and (2) A markedly improved trading in

terest.

Strike Now

Impossible

LABOUR RATIFIES

AGREEMENT

AVERTED

·

LAST MINUTE

THE HONGKONG TELEGRAPH. MONDAY, APRIL 16, 1985.'

Conversion's Protecting

Big Saving

AMERICA REFUNDING LIBERTY LOAN

(Special to "Telegraph")

Washington, Apr. 14.- When recalling the Fourth Liberty Hond Issue the Secretary of the Treasury, Mr. Henry Mor genthou said; "We have now called $8,000,000,000 in Liberty Bonds which, It la fair to assume.; will effect a saving of $100,000,000 annually in interest.

Hongkong's Investors

"BEARS" CONTINUE

PRESSURE

RESTORING CONFIDENCE

We have received the following letter for publication:

has been made in the Press of

Sir-Recontly much mention

tnetics adopted by "Bears" opernt ing in the local share market.

To some interested, the state- ments attributed to a City Man, published in your valuable paper April 10, stand out na most constructive, noilernta and well-

|

RADIO BROADCAST

A Cinema Review By Silhouette

Z.E.K. PROGRAMME

From Z.B.W. on'a wavelength of 956 mátres. (845 kRocycles);

G-7 pm Hong Kong Hotel Danco Orchestra,

7 p.m. Closing Local Stock Quota- tions,

"Patiento"

7.03-7.26- p.m. Excerpts from (Gilbert and Sullivan) sung by The D'Oyly Carte Opera Company.

A Rolny from Daven- Living Dangerously." "Hongkong to Dartmouth." A personal record by Licut-Commender Martyn Sher- wood, R.N. (Retired), of a year's. adventurous voyage in the 24 ton kutch Tai Mo Shan.

Akron, April 11. The threatened strike of the rubber workers in the Goodyear, Goodrich and Firestone plants, which would have tied up one of the largest and most prosperous "Between January 3, 1934 and

7.26-7.43 p.m. A Pianoforte Recitat In addition the market was in-industries. In the United States, | April 3, 1936 the Municipal Bond

by Mischa Levitzki-1. Hungarian fluenced by imfavourable weather has been averted at the eleventh average rose 21 per cent, high

Thony No. 1x diszex a Lie cuts- reports and hedging on inflationary | hour,

grade railroad bonds 114 per cent

panella (Paganini-Liszt): 3, Sinccato Benilment.

The Federation of Labour's reutilities 12.3 per cent; Industrials

Blade (Rubinstein). Presentatives to-day ratified the 14.7 per cent, which reflects the

7.43-7.50

"A p.m.

World of reasoned comments. agreement reached by Federation | decrease in the cost of money.

Ronunce," played by Geraldo and hils letals and employers some time)

This gentleman, in.common with Sweet Music. "There is great importance nt-others, however, does not soem to 7.50-8_p.m. From the Studio. "A ogó,

Miss Frances Perkins, Secretary improvement

tached to cheap money for the have stressed what in a very im-Cinema Review" by Silhouette. for Labour, has

m. Time Signal. of industry ben setive in business.

and portant point, namely, that to

8-8.15 p.m. obtain the maximum desired try. bringing about an agreement. Unfavourable factors include:

results from the The Federation was opposing the

rule recently "In March 1934 the total cor-assed, whereby brokers are re- (1) The decline in steel produce company unions and had intended|porate refunding unwanted 10 tion; (2) The severe dust storms to Corre their abandonment by $12,600,000 and In March 1935 ex-the shares in forward sales con

quired to furnish the numbers of in some centres, which is likely to declaring trike. The curtail the retail trade of the farm

rom-ceeded $112,000,000 Meanwhile tracts, it is imperative that such leaves the interest had decreased on the averale must not be too hastily re.. districts. (B) The tendency of company unions iniset-Reuter. ngt of 145 per cent conclusively pealed, but at least. kept operative traders to withheld from making

showing that the logjan is, bro-until confidence has been restored. railroad commitments pending the Supreme Court's ruling tu the Rail-

Further, the period of enforce- Akron. April 1. read pension case.

Further Mr. Morgenthau

saidment must cover well, over the Prices were upward on the New The rubber Unions have signed that the refunding of the present forward sales made prior to the Music from ZEK. on a frequency of

time when the last contract of

p.m. Europeat Recorded York Stock Exchange yesterday, truce with the employers of the

industry thus

| $28,800,000,000 National led by ufility issties and mining

threatened strike,

rays less interest than the $20-passing of the rute has been 640 kilocycles. shares

8.30-8.56 liquidated. The Rufe, as-far as 1 The Unions have decided to hold 800,00,000 national debt in 1926 am aware, is not retrospective, and London Suite (Eric Contes),

Alusic. Bullish business predictions, to Kether with

and incidentally the calling of the a continuation The atrike in abeyance, rather than Liberty hands dures the amount the "Bear". finding that it still Gniety Echoes (Monckton). optimistic rentiment aided by the cancel it altogether, and it will of outstanding Gold Clause bonds pays him to depress the market. Old Friends-Potpourri (arr. Herman strength of silver, deapite, the fact

unless a satisfactory final

does 8o. Pressure will only be that the New York silver price was settement of the problems is to $8,708,773,850,--United Press,

relieved when he sees there is no 8.56-9.40 p.m. Variety. unchanged, gave the market a mark-renched-United Prens,

point in further hammering. Orgun Soles--Munical Conerdy Molley Hence, there la a possibility that

Sydney Gustari, the measure taken with a view to Song-Give me heart, to sing to

(Frankie and Johnny making raten sleadier will not bear fruit until some months have Humerous The Mayor

Helen Morgan, elapsed.

ed upward tendency.

of

Bond issues and steels on the Curb Exchange were nin stronger.

Uuited Press,

COTTON PROGRAMME

Atlania, Apr. 14.

Ju a speech hère fonday, Mr. Henry Wallner, the Secretary of Agriculture sald: 41, the cotton programme goes by the hoard, then the corn, wheat, tobacco and other commodity programmes will

follow the same way-United

Pyres.

CORRESPONDENCE

Police Criticised

The Editor,

.

Hongkong Telograph

Sir-On Sunday? a great many the South of us went down to China's ground, Caroline fat, for! the purpose of witnessing the

Federation and the Hongkong

| promise, apparently

TRUCE SIGNED

averting 10

DOLLAR RISES. A FARTHING

28. 2d. MARK NOW

REACHED

T

ken."

LOCAL GOLF

Debt

ADAMSON CUP AND

BOGEY POOL

In the Adamuson Cop April qualifying competition at Happy Valley, P. Morrison qualified with A further rise of a furthing inja score of 72 180-8). There were the official rate of the Hongkongwelve entries. dollar was registered on openingį

this morning, the quotation being: In the Begay (Par) Pool at the 28. 24. The niarket is quite steady,¦ Parlini Old Course during the with the business rates about #aj | work-end, 6. C. Worrall (10), who| 2.5416d. s. Hers and 2s. 2.3/8d, returned a card of one down, won. buyers.

There, were sixteen entries,

Shanghai, is also steady. The ......... pening rate was 1s. 7.5716d., and; ator there was an advance to ta. strengthened by Dr. H.-H. Kung's 7.7/id.

statement to the Press that no Immediate monetary nction IN The Hongkong-Shanghai creeplanned and that the Government) rate was 1368 opening, but is continuing to rely on the Ex- business was done later at t.

Silver in London was un-banged!

port Tax.

Later.

8.15 pm. Wenther Report. Hing Theatre (Chinese).

8.20-11 p.m. Relay from the Po

11 p.m. Close Down.

ZEK. Programme 8.30-10

Finck).

p.m. Light Orchestral

John Tilley.

The opportunity is taken here to For-Trata--Erom now on issue a warning that an early dia- | Fox-Trots-A New moon la over my

shoulder continuance of the Rule now in

Vocal--Whisperng Vocal-Ten for Two

Comedy Harmonists. Instrumental-Rockin' Chair; Georgin

on my mind; Latay Day Instrumental-Sweet Sue just

Heebie Jeebiss; I wonder where my baby is to-night?

force may cause such a reaction ns will plunge the market deeper into the mice than before that measure was introduced.

AN OBSERVER.

OPPOSING QUEZON

VETERAN PATRIOT IN THE FIELD

(Special to "Telegraph")'

Manila, April 15.

for spot on Saturday, but the fur- The foreign exchange market It is regarded as almost certain

SHANGHAI STRONG

ward quotation declined 1/16th. continues strong but is very orra-that th verteran Filipino patriot, Governor's Cup final match There was general, buying and tie with exchange rates luctus-General Aguinaldo, will be a kween Chinese Amateur Athletic

selling, and the market was steady, ting rapidly. At 10.10 am, there candidato for the Presidency were a few buyers. Quotations:gainst Senor A. Quezon. Preat

US dollars 39

»f the Senate, and prime Sterling 15. 7.7/10.

mover in the independence eam. paiya.

to the

Gold Bars $830.80.

--United Press.

Later.

dent

This was announces following the circulation of a circular bear-

In his uniform of 35 Years ngo,

you;

Harry Roy's Tiger Ragamuffins. Songs-Radio Requests

Les Allen (Baritone), Plano Duets Nola; Polly Pinno Duets-Kitten on

Russian Rag

the Keys;

Harry Boy's Famous Pianisto on two Pianos. 9.40-10 pm Song Memories. (a) Vivo la Compagnio; (b) When

Johnny comes Marching Honic Let's have a Chorus Welsh Memories Medley

The Maestros. 10 p.m. Reuter Press Bulletins. 10,05 p.m. Clone Dow

ZEESEN PROGRAMMES

This Evening's Broadcast From The German Short Wavers

Special Didgramme for Far Eastern |Halenets, will be, brøndenet from Zemson ke

follows:

SOUTH ASIA ZONE

p.m.

Football Association, and hupper- ed to witness nu incident neur

Shanghai, April 15. the entrance gate of the menders The foreign exchange market in stand, in which two police constables very strong here this morning. (Indian and Chinese) were slap- The strength is attributed to the ping and kicking an unfortunie | foreign bankers | having held a Chinese, who was caught elimbing conference with Mr. T. Y. Soong to enter the ground in order to and giving assurance

The foreign exchange marketing General Aguinaldo's portrait 19.74 metr) and 11 (31.46 metru). Join us to witness the game free Government that they will not was phenomenally strong at the together with a statenient: of charge.

ship silver, and also that they will; close of the morning session. "I am not a politician, but when The police, are quite right inoperate in discouragiur ̧ in-Nominal rates were; U.S. Dollars 1 sen that the uation seeks, as in arresting people; but slapping wad

dividual shipping.

10 1/8, Sterling 1/7 13/16. Goldthe past it has sought, my ser kicking (assaulting) when a poor

is Bars $811,00-United Press. . Įvices. I am always disposed to fellow is on the ground and not

| serve."----United-Press, resisting, is somewhat disgrang. ful. Hoping that something will be done before a really nasty incident happens.

J. WANN.

WHEAT PRICES

ADVANCE

In addition. the market

DAY BY DAY NEWS, IN BRIEF

Just As YOU ARE PLEASED AT FINDING FAULTS, YOU ARE DISPLEASED AT FINDING PERFICTIONS——Latenter,

,

of

One case each of Small-pox and Meningitis and Twe casus Diphtlechu were reported to the foen! Health authorities on.Friday,

Disobeying a deportation mader, Bal Wing was sent to prison for hime Au inquest into the death of Mr. months when he appeared before Mr. 4. A. M. Elphinstone, who died at the Wynne-dons at the Kowloon Magis Kowloon Hospital fortnight agy, a tracy this morning. Defendant, haud victim of rabies, will be conducted by two previous convictions and was Mr. E. 1. Wynne-Jones at the Kowloon banished in 1933 for ten years.

Magistracy on Wednesday nl 2.30 [ DATE

RELIEF FOR U.S. FARMER

NEW PROGRAMMES IN PREPARATION

Washington, April 14. New radical Form relief pro- grammes are appearing, involving the expendiltre of $10,000,000,000.

The purpose Appearing before Mr. Macfadyen a grammes is apparently headed to- of these pro- day, on being suspected of being rabid yip Tin, aged, ühemployed, was Burdick Bill for the cancellation

district ཨྠ་ཊཱཎཱ⌘34+t - the Central Magistracy this morning.

[wards the discarding of the was seat to the bacteriologist for charged with stealing a radiator enp yesterday due to additional re-amination. The owner of the dog from motor van No. 3263, the property of farm debts and the Frazier

CHICAGO MARKET

STRONGER.

Chicago, April 31.

Wheat prices upward herr

Th

CARCASE

ቦ 'chow doy shot 19 the police in

Shatunkol

the

not known, but it is belleved that the

poris from the south-west of dust storms and damage to the crops, dog had come from Chinese territory, Road on Saturday, Defendant plead farm debts.

A black chow dog, which was founded guilty and was sentenced to six Bear the curense, was sent to Ma Tani weeks Rak for observation.

of Lane, Crawford, Ltd., at Wanchai Lemke Bill for the relaucing of

The market advanced despite heavy proft-taking,

Operations were mostly pro- fessional.-United Press,

MANILA STOCK

EXCHANGE

Three men, charged before Mr. Wynne-Jones at the Kowloon Magise

It is therefore expected that the hard Jabeur. Detective-present

Congress will ultimately Sergrant Fowlie appeared for the prosecution.

enact some of the conservative farm relief programme which does not involve inflation potentialitics. Tracy this morning with trespassing Leung Sing, 60, pleaded guilty be Such

programme, It is at the Shanshuipo Military Camp, fere Mr. Wynne-dones at the Kowloon thought, will include chiefly the were bound over. It was stated by Pri Magistrues this morning to a charge extension of the Agricultural Ad- vate Barrett, of the East Lancashire of assaulting Leung Ruen, 34, with

Administration, the Regiment, that they appeared to have chopper. Detective-Sergeant Dow-stment lost their way and were looking about, a Bid the quarrel arose over fire. Farm Credit Administration andi A fourth Chinese, who won stated to wooth The complainant pushed the the Bankhead Act-United Press. have ridden a bicycle on the camp

defendant, who it was alleged, re- hockey field, was also 'bound over. taliated with n chopper: "I was ILU

Mak Wai, aged 48, a bricklayer, away",

PHILIPPINE GOLD SHARE QUOTATIONS

To-day's quotations na received by Messrs. Swan, Culbertson and was bound over in a sunt of $20 to lo

Pele Pewise

Prien Price

Tagala Gold Mining 0.29

In P

of good behaviour for six months,

match for him and 1, còubl not

run Bald the defendant. Both parties were bound over.

Sentence

of one month's hard

POLICIES DIFFER

South Asia Zone, kitos/trast from D3H,

4.45 p.m. DB, DIN Announcement (Germ.. Engl) German Folk Hong, Pros Renesme Forecast (Derma Engl.) Share Mules Programme. 3.33 p.m. From Public Life: German Bathe

ing Resaris and Watering Places In the 1921 Season. A Report by Buderreferent Berndt of the Helen-athfing Tomarts Union and Karlmekter Bestmann

5.10 p.m. News In Engla 5.44 p.m. Der All the 110g Brand, A Walk through the Capital of 2 ch.

0,30 m, Beresinden king and played,

(Gramophone Bodieskaum),

4,45 rum,

7 1.6 6 p.m.

News In Gerinan.

Concert of Eight Moale. News In Fortish,

8.15 p.m. Close down. 238, DJN (Gem,

Engli

EAST ASIA ZON

Fast Ain Zane broalcast through DIA on'

metres, Brut IJN (31.45 metres)

B1.3

9 p.. JA, IN Annorament (Germ

9.15 p.m.

Righ German Falk Kong. 1'ro- gramme Pararast (Germ. Engl.) Young Folks' Programme: Bonge by the Gremau Girte' League. #45 pm. News In Engbak an DJA and

In Dutch on DIN. 15 m.in. Hymphony Cuneert. Vino Concerto

in C plove by Feliz Ileandi. Symphony No. 3 in P mukjor by Joh. Ifrahms, Bololat: Erich Kožin De Platarmonic Orchestra). Conductor

Werner

tichter- Bichhelin.

11.15 p.m. News in Gerican on DJA and

DJN.

111,39 p.m. **Kilgrania" Scones from, the Eberhard V. Wieso's Innsburg Dary. With Tunis on the "Saikit- tekna zelamo, " 11.15 am. New in English on DIATM and

in Dutel un DJN. 17.39 4.m. Close down USA, DJN (Germ.,

Engl.)

Today's Broadcasting From

DAVENTRY PROGRAMMES

To-day's Broadcasting From Four Transmissions

The following were-lengths and frequencin are observed by Daventry, Call,Sign "Frequency

$.450 k..

Wavelength

...TO k... $1.54 zatres 2,585 c. 31.30 strea

GSA

280

GBC

GRO

11,750

21.11

Washington, Apr. 14.

CHE

11.$45 k..

26.78 meires

GAF

GAU

15.140 k.c. 19.82 ices 17,700 ke. 19.80 Heires

21,470

G81

OSI

It is believed by some, observera

Fritz akortly after the close of when he appeared before Mr. Mac- the morning session of the Manila fadyen at the Central Magistracy this labour was imposed by Mr. Schofield, here. that the Administration's Stock Exchange are as follows-morning, on a charge of assaulting at the Central Magistracy this

Asked Bid Batra Valumne Kwong Choung, a widow, in Mereer morning, on Chan Yee, unemployed, omnibus Banking Bill, including Street on Friday. Inspector A. W. who pleaded guilty charge of Government control of the Federal Antamok elds +0,01 9.00 0.91 8500 Smith haid defendant was arrested as stealing a gunny suck, a pair of pilers Reserve, may be jeopardised owing Benguet Consolidated 12.10 12.00 12.10 1000 ant made at the Central Police Sintion. No. 7 Cadugan Street. Defendant was between Treasury officials and the 3.29 0.20 10000 the result of a report which complain- and a quantity of rubber hose from to the growing differences arising 0.18 0.09 0.09 2006 Complainant alleged that she was arrested by an Indian constable carry hends of several emergency credit

carrying two baskets of debris ining the stolen articles, but could not agencies,

together with the 1000 Mercer Street, on Friday, and she ask-] give an explanation. Defendant was

aside. He under a bond of $50, and this was Governor of the Federal Reserva abused her and assaulted her, with enforced, in default, another month's Beard, Mr. Marriner's. Eccles, who two ethors who were not arrested, hard labour.

favours the Bill:—United Press..

Gold rur

Ipa Cokt aller

Tugon Minter Co.

Batacut Mining Co.

Burne Convalidated

United Paracaly

1,10 1,00 1.00 1000 0.45 0.35

9.18 0.18 0.10 0.30

0.10 0,20 0.31 0.32

1000

1000

ed dofendant to stop

a. C. Gold abur Index 73.5. Market

Blends. Volume Desos 75,000.

kt. 13.97 11,360' ke. 39.50 Autom

10 k..

17.02 metres Transmleston 5

(0.5.C. and G.8.A.),

7.m. Di tan, A Relgious Bervice.

7.45 mm. A Reelts by Canadian Artisis. Greenwich Time Bignal at 13 Midnight.

045 & Workly Newstatier and Sporti

Budmery.

15 am. Close down.

Transmission 2.

(0.8F; and 0.80)

7 p.m. lg Ben, Organ Recital by W.

(Continued on Pago 5.)

NEW

Mackintoshs

DESIGNS

CHEVROLET

IN

WASHING

TIES

made

from

Cotton, Linen and

Fancy poplin

LOOK WELL

WASH

WELL WEAR WELL The best tic for Summer

From

wear

75 cts. cach."

Less 10% rash discount.

MEN'S WEAR SPECIALISTS

THE STANDARD SIX COACH

FULL BIG CAR COMFORT AND CONVENIENCE

CHARACTERIZE THE COACH.

Amongst its features are extra roominess and adjustable driver's scat. The Fisher No-Draft Ventilation and screened cowl ventilator protect health and promote comfort in all weather. The low operation cost and upkeep combine to make the Chevrolet Standard Six Coach a particularly sound investment.

COMPLETE WITH SPARE TYRE AND TUBE AND STANDARD FACTORY EQUIPMENT HK$1710 NETT CASH.

FAR EAST MOTORS

Instal a

26, Nathan Road, Kowloon.

Telephone 59101.

GAS GEYSER

and be sure of

HOT WATER at any time

MONTHLY

HIRE

$1.10

HONG KONG & CHINA GAS CO., LTD. 1

Showrooms-Gloucester Bldg.

& 246, Nathan Road, Kowloon.

Telephone 28181,