1935-05-23 — Page 19

CHINA'S TEMPLES

DETERIORATE RAPIDLY AFTER LONG YEARS

MONEY FOR REPAIRS

I

NEW FRENCH SWEEP

300,000,000 FRANCS FOR TICKETS

|

THE HONGKONG TELEGRAPH. THURSDAY, MAY 23, 1935.

S'HAI MARKET

REPORT

LITTLE EXCHANGE

BUSINESS

Shanghai, May 23. Opening exchange rates to-day were U.S. dollara. 41%, Sterling, 1/8 5/16, and Gold Barn $766,20.

The foreign exchange market was dull with rates at higher levet due to the ring in London allver which was surprisingly well maintained after, the oflleial price fixing.

Taris, May 18. Greatly encouraged by the sue- ceas of the Irish and Luxembourg Sweepstakes and its own National Lottery, the French have decided to conduct a sweepsinkes on the Grand Prix de Paris which is held on the Longchamps track in June. Peiping, May 8,

Tickets to the value of 300,000,- Temples and other buildings in North China deterforate rapidly, 1000 francs will be issued. Eight They are not built ataunchly and per cent. of the proceeds will be the extremes of the climate exact devoted to the Paris fotos, press henvy toll. They dry and crack organisations and charities, such during the bitter winter months.as the Gueules Cassees and the Spring winds, sweep down off the Allee Briseen, twelve per cent, willing.

Paria racing Gobi Desert and cul them like sand-he alloted to the blast guns, and the wet, tropical authorities while seven per cent. will be set aside for public utilities summers oak and ret them,

dependent on the pari-mutuel.

As a result, temples are for the most part either fearfully dilapidat-

The market was very dull at 10.15 A.m. Sungoon's interests were selling exchange, but other- wise there was little business puss.

Exchange rates were unchanged and gold bars were $761.50.

The market was a shade easier at the close of the morning session. Trading, however, was extremely dull and the market was devold

ALLEGED CHILD

STEALING

When the sweepstake was fret ed or need constant repairs. With suggested it was thought that it | Imperial gifts lacking and other would be fiable to seriously com- of any nowa.—United Press, gifts dwindling, the monks them-pete with the National Lottery. selves have had to abandon their After due consideration, however, prayers and chants to go out Into It was finally accepted with the object of giving additional interest the cities to raise funds,

Many are the devices used by the principle sporting event of season: The French hope the monkn and occasionally by the devoted laymen-to secure contri- that it will "take" in the same bations. An ex-schoolmaster re- manner that the Irish Sweepstake cently visited a temple near Peiping has in Europe, America and else to secure n pucket of medicinal (where.--United Press, herbs for which it is fumeti. Th temple was in bad state of Tarmer disrepair. so when the teacher was mirnentously cured, he vowed in gratitude that he would re-build the little temple.

#1

Canvassing and persuasion netted ttle or nothing, so he went again to the temple and naited his hand to a tree

RAW RUBBER

LATEST SINGAPORE

PRICES

31essrs. Rohjasin and Patts

in the temple garden,erived the following Straits currency vowing that he would not allow the cantations hugers) from Slaapore spike to be pulled except by the to-day for raw rubber man who contributed the last dollar Spot to tho

Becessary thousand. story soon spreaíl abroad and the money, was speedily contributed, De Deer... and the teacher released,

A MONK'S SACRIFICE

20% ets (33) 20%" cla

21% rete

The Juno

July/Sept

Market: Very stendy,

TWO WOMEN AND

MAN CHARGED Charges of child stealing and harbouring were brought against | two Chinese women and an elderlyi man before Mr. Wynne-Jones at the Kowloon Poller Court this morning.

On

Premier Etienne Flandin and Foreign Minister Pierro Laval (right) are here shown returning to Stress after a megting with British and Italian representatives.

ROOSEVELT VETO· OVER-RIDDEN

(Continued from Page 13

LONDON STOCK EXCHANGE

LATEST SHARE

QUOTATIONS

The following quotations on the

U.S. COMMODITY PRICES

LATEST CABLED

QUOTATIONS

The following quotations

on the

London Stock Exchange have been New York commodity exchange are received by Messra, Swan, Culbertson issued by Reuter:

and Fritz in conjunction with Reuter,

May 21. May 29. British Government Securitien

War. Loan..3% %

redm. after 1082 £102% £106

Chinese Bonds

414%. Bonds 1898

(Eng, Iss.).... 101

43% Loan 1908, £ 98%

66 Loan 1912 ... £ 80%

12.45 12.08/04

80% 80% 80%

00

D0% ឆ.

คยอง

02

Tuesday's sales:-19,180,000 bushels

Chitengo Corn

01

0314 92

586 87% 874

81%

R1 81%

•

241

66

New York Cotton

May 21, May 22.

May

11.90 12.01/01-

July

12.04 -12.01/00

October

71.78

11.80/80

December

11.81

11.84/80

102

D-8012

January (1030)

11.88

11.88/88

£ 98%

March

11.01

11.91/03

Spot

12.40

12,45

5 Reorg Loan.

New York Rubber

1919 (Lin. Isa.) £ 07

£97.

May

5

Bonds 1025-47 £ 95% Sani-Nanking

12.08 12.6 b

£ DG

July

September

12.66

12.78/78

Ily

£ 80%

£ 8014

October

12.03

12.85/85

15% Tent.-Pukow

Rly.

December

12.80

13.00/12.00

1 31

£ 31

January

12.86

13.08/00

5 Tient..Pukow

March

1:1.031

12.24/24

Railway (Supl.

Total nales:-190 lots

Lunn)

£ 27

I 27

6 Shal-'chow-

Chicago Wheat

Ningpo Rly... £102

£102

May

54 Honan Rły, .... £ 31

£ 201

July

5 Hukuang Rly.

September

December

1011

£ 48

£ 48

| 56% Lung Tsing U:

Hai Rly, 1913. £ 19

Foreign Bands and

£ 18

Banks

German 75% Int.

Any Huly

Loan 1924. £ 63

£ 63

September

Jupan 5 Sterling

December

Lona 1907 £89

£ 83

Japan 6 Sterling

Loan 1924 ........ £ 96%

£ 05

May

RISING HOPE OF AIR PACT

1.K. & Shai Dk. (Lin. Regd.) Chartered Bank £

July

£1231⁄2

£124.

July

£ 147% Commercial and Industrial

£14%

May

September

ers

Contiuned from Page 1

Allied Iron Found-

Associated Elec.

Industries

Austin Motors ord

4270

287-

61/2 487- 487..

407-

28/416

May

July

September

December

124/4123/0

Chinese Eng, and

The

Atin. (Benter) Courtaulds Distillers Bunlop Rubber Electric Musical

Industries General

91

18/2

9278

18/

Woolworths 5- 114/2 Miscellaneous

114/-

51/-

$4742

Anglo-Dutch ..... 22/0 237-

UR/A

03/0

Gula Kalumpong

44.-

42/105

Rabbey

217-

23/-

Pekin Synd. 2-

27/0

27/9

ord. sh.

170

1/0

Electric

Rubber Trusts

20/9

31/14

54/

05/-

Мілея

32/6

327-

Burma Corpn. Re.

04/0

3-4/10%

10/- 10/3

8/4/2

138/0

8/6 138/114

11/

11/-

Randfontein

Exinten

63/--

53/9

Spaarwater Gold

Mining

15173

161/3

Spring Miness

45/-

4073

18/~

48/-

271/3

272/6

Ba/

85/-

Rhokana Corpn.

113/0

113/9

6770

GSZ

Vila

28/6

28/10%

Anglo-Persian

ᏝᏅ . --

6974%

1371% 13/3

Burma Oil......

75/7

78/114

Shell Tranя and

71-

-72/-

Trad.. (Bearer)

70/-

71/8

British American

Leung Sze, alios Leung Yuk, #5. married woman, and Chu Kwai, fully formulated at the time of last month that Germany had r58, widow, were charged with the

War and also the entire inlready achieved air purity with stealing a boy, L Kam-chuen, principle of the adjusted certi-Great Britain and subsequently Boots 57 sh, aged seven years, from 125 Kwei-ficate settlement of 1921.

revealed that Germany had be- Tobacco *** lin Street on May 17, while Chu The President conceded that the Tween 800 and 850 first Une air- | Canadian Ceinnese Kwai and Chan Lin, 65, described payment would doubtless result in craft.

Mr. Baldwin said that · Hitlor as a farmer, were charged with some expansion of retail trade, but harbouring the child at 33 La! to resort to the kind of financial bad revealed that Germany's aim Kwo Shan village, Taip.

practice provided in the Fatman was parity with France. The women pleaded that the Bill would not improve the cond]- British Government had therefore 1.500 #144 the necessary much attention was paid to him. hey followed them into

A place tions necessary to expand those takon

industries in which we have the figure for first line aircraft which Another successful collector was Then two prominent generals, thewhere they worshipped joss

mast he built to give Britain the application of Sub-greatest nemployment."

(England) the monk Lung Hal-"Dragon Sca" commander of the local garrison

parity. The figures would be in-Hawker Aircraft Peyatz, the accused

HUGE DEFICIT -from a famous monastery-temple and a former chief of police of Inspector built in front of a cave in Jehol Peiping, heard him and were con- were remanded for 48 hours in

Pointing out that be liad atready creased or reduced, accelerated orImpl. Chem Ins. they custody. Province which had not been ro- vinced of his sincerity, s

aanctioned à deficit of $4,000,000,- jiterelerated as the situation war Impl. Chem Ind. Def. 10-sh... The boy and his father were 1000 in order to finance a huge ranted. Everything requisite for Impl. Tobneco paired since the fall of the Manchus,promised to raise the money them-

work relief programme. President the expansion of the R.A.F. was Internat.

Nickel Lung Hal came to Peiping, proceed-Belves. Their campaign was high-present in Court, ed to the modern military and com- ¡ly successful, no, i përson high or

Roosevelt-salt. We cannot in under consideration and the work mercial airport south of the city,low refusing the request of those

13. announced that he would fast until highly-placed militarists. Marshal AIR FORCE EXPANSION enough money had been handed him Wu Pei-fu, former warlord of all and sat down in the shade of a China, a former Premier and many hangar where he commenced chant-others gave freely until $7,000 was ing ancient Sanskrit sustras. collected and given to the monk. He chanted and dezed day and The temple was saved.-United night for almust three weeks before Preas.

DT APPOINTMENT

10 1, THE KING

He said to me

I never

just call for a whisky

I know better ..

I said to him- quite right,

call for Johnnie Walker,

there is no better.

!

JOHNNIE WALKER

BORN 1820...STILL GOING STRONG..!

Sole Agrola CALDBECK MACGREGOR & CO. LTD., HONG KONG

rated under the Companies Ordilianoss of Hong Kong

“Incorporated in Shanghai

APPROVED

(Contiuned from Poge 1.)

500. Why not ask the Powers

to

to

niit their Air Forces. to 500 machines the Herald wanta know.-Reuter,

LOOKING AHEAD

London, May 23.

111

na parval

Bl.

75% 71%

60%

Tuesday's sales:-0,712,000 Lushola

Winnipeg Wheat

4th *8646 8541

80% 874 8712

New York Silk

137 138 1.40 1.80% 1.87% 1.30 1.35

1.80 1.37%

Montreal Bilver

Totul pies:-75 Jota

25.75 176.30/05 70.40 b 77.00/30 77.40 7740/70 78.40 b TK.80/79.00

Total saleri-30 contracts

10.

Commonwealth

Mining

Sub-Nigel

BARGAINS FOR

that dellelt this year by $2,000,-

est assert that to increase would he put in hand immediate Rolls Royce £1 Arms Shai Elee. Constr Both the limitation of 000,000, will itself bankrupt the United States. To-day, the United and collective security of the Tate & Lyle

Turner & Newall more easily ob

United Sterl States' credit is safe, but it cannot world would be ultimately be safe if we engage in jained if all parties started from. Vickers ord.... any policy yielding to each and all the same point. The Government Watney, Combe &

Reid def. ord. for special was determined to prevent pro- groups that claims consideration. We can afford all fleuring during the expansion of we need, but we cannot afford all the Air Force and was consulting with Lard Weir as to how the we want."

President Roosevelt expressed aircraft industries should be or- The Financial News commenting great sympathy for the argument ganised for the work. A supple- that those who remained at home mentary estimate would be issued upon the Air Force expansion

eivilian employ during the Inter, he said. locks alwad programme,

and

DIFFERENT NOTE Issued a warning. If the new de World War enjoyed the special

unwarranted - Mr. Baldwin considered his parture does imperit the privilege of 1995-36 budget, it makes the out-muneration. That is true; bit-peronation had been destroyed he had studied Hitler's terly true, but a recurrence of after look for 1936-37 execedingly

that type of war profiteering can speech, sa-he proposed-to-end his ominous.

on a different and must be

any planned address prevented in The expenditure is neccessary.

He believed there wis future war. I invite Congress, note. hart that does not lisguise the fact Veterans and the American popu- some light in Hitler's announce. that a further reduction of ination to

join me in progressivements and they must all catch direct taxation has bren post-efforts to ront the recurrence of hold of what they could and make Loned for another year. [1 1such injustice out of American a fresh resolve to banish from diffeult to see how the cost of the life. The Hereslean task of the the world the most fearful terror new squadrons and new stations United States Government to-day and prostitution of men's know will fall short of £10,000,000, is to see that its citizens have the ledge ever known.

of the increased necessities of life. We are seek- personnel will likely rise toing honestly and honourably to do the Labour party

while the rust

$1,000,000,

this

class irrespective of

A supplementhey estimate of group."-Reuter. $8,000,000 appears to he a bare minimum necessity. Then, recalls' the Financial News, a trebled Air NEW Force will mean at least a doubled annual expenditore, which is al ready £29,500,000,---Reichs v=

:

MANILA STOCK

EXCHANGE

Major Attlee announced that

ALL

!

STORE

SALE

WIDE

opposed the MEN'S WEAR BARGAINS

or estimate as a sign of their dis- satisfaction with the Government policy. He thereupon arged the

inmediate calling of a Disarma-100 ONLY-SUN HELMETS, WHITE DRILL,

YORK - STOCK|ment Conference session to con-

sider Hitler's proposals. EXCHANGE

MARKET IRREGULAR

Major Attlee said the Govern

national ment would only get unity on defence by first secur ing an agreement on equality, bas- ed on the collective system, and disarmament, not reurmanent.

Sir Archibald Sinclair, for the New York, May 20 Liberals, said he agreed that the The following reports on the New situation was undeniably grave York Stock market have been received and that he believed that Germany Through Monsra, Swan, Culbertson & would remain a danger to peace

Frite:

YESTERDAY

The Wall Street Journal report on until she got justice and the yesterday's markets Stocks to-day equality to which she was entitled. were irregular and firmed up after-Renter. the Velo on the Patman Bill. Most

PHILIPPINE GOLD SHARE QUOTATIONS Today's quotations as received by Messrs. Swan, Culbertson and Fritz shortly after the close of the morning session of the Manila of the buying was for investment pur Stock Exchange are as follows: poses, which sent specialties higher.

OHASHI RESIGNS

ALUMINIUM FOIL LININGS

SALE PRICE $4.95 each.

60 ONLY LIGHT WEIGHT WATERPROOF,

COATS, English made, all sizes.

SALE PRICE $5.50 each.

"CELLKNIT" SPORTS 100

SHIRTS, Half Sleeves, Colours White and Fawn.

SALE PRICE $1.25 & $1.95.

Changchun, May 23100 ONLY ALL WOOL BATHING COSTUMES

English made, Sun Back, perfect fitting.

In the market for Bonds, Government Ather Tild sale Vitane trauen-wetu uctive and higher..due, tot

Corporation in Pes the Presidential Veto.

A surprise has been causedby on the the resignation of Mr. Ohashi, 20000 issues were tower. Stocks

Curb Exchange firmed maturately. Vice-Minister of Foreign Affairs S. O. & F. New York office cables of Manchukuo, following the re- We expect new strength on the good

Pelee In Veno

Antanuk Gifholde

Hagen Golf Allming

Q.TK 0.21

Benguet Consolidated 12.30

rier Price

0.77 0.7% 9000 0.29 0.20 13,20

Gold ver

0.07 0.04 0.05 10000

1po Gold Mies

1.10 ...

Hogon Mining Ca.

Salacut Mining Co.

Sugne Comanslistated United Araval

0.37 0.30

0.15 0.14

0.23 0.22

9.37 0.41

0.23

-

-

reception given to the President's Veto organisation of the Manchukuo 20000 speech. Average daily production of Cabinet. However, his resigna-

a-stats

N. C. & F. Cold share index 71.2. Markel

alightly bullish, Volume jews 180,000.

HUGE AIRCRAFT

SALE PRICE $4.95 each.

petroleum for the week ended May tion has not been approved by the 144 PAIRS ENGLISH KHAKI

19 was estimated at 2,050,000 barrels, Manchukuo Government,--Central compared with 2,620,000 barrels the News.

previous werk. The Erlison Electrical

Institute estimates weekly electricity production at 1,700,000 k.w.h..

an

increase of 1.0 per cent. from the corresponding period of last year.

month of the

New York at us year.

DRUG TRAFFIC

Geneva, May 22.

next aummer-Router Special.

Moscow, May 23. Two further giant, eight-motor- Pittsburgh steel scrap prices have The League of Nations Council od planes of the same type as the advanced 50 cents a ton. Cigarette Maxim Gorky, which crashed with production in April was 15 per cent, has decided to call a world con- a loss of 48 lives on Saturday, will above that of the corresponding ference on narcotic drug traffic be built immediately. That brings

Chicago commodity the total of this type to be con- reports received through Messrs. of May corn into July options. The

Swan, Culbertson and Fritz:-

basis is steady. Planting conditions) structed up to five-Reuter,

Cotton: The market was strong. are improving.

Rubber: The market wan fem. The iation implications in the

anti-inflation

Trade is broadening, with offerings message is encourag President's Vota ing conservatives. There is some scarce. delay in planting, but weather conditions are improving. Talk of REUTER QUOTATIONS Eddie Cantor, famous film star, a percentage loan on the new-crop Dow Jones Avoragon: who was taken to hospital instead of a flat rate caused some Monday with stomach trouble, had selling.

EDDIE CANTOR ILL

Hollywood, May 22.

May 21. May 22. 116.56116.24 81.22 31.10 19.38 19.30 05.10.

80 Industrials a major operation to-day. His Wheat: Reported large sales of 20 Raila

and 20 Utilities flour is sustaining a narrow condition is reported satisfactory, quiet-market... Sentiment is bearish. 40 Bonds -Reuter,

Corn: There was some switching 11 Commodity Index 58.03

95,13 58.00

GOLF HOSE.

SALE PRICE 75 cts. pair.

& WHITE

MANY BARGAINS TOO NUMEROUS

TO MENTION -

COMMENCING

MONDAY, MAY 20TH

7.

WHITEAWAY, LAIDLAW & CO., LTD,