1935-07-08 — Page 5

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SILVER PRICES

CURIOUS SITUATION IN

LONDON MARKET

New York, July 5, Senator Thomas commenting on the drup in the rerent silver price, rans reled that the banks, with previous knowledge ef when the Treasury would buy and sell, were able to profit either on the rising or falling price.

The Senkiny £*x* Oklahoma emphasised that he did not docu either Mr. Morgenthat or the bank of duplicity, but, he huntinted, "bank.. will be banks,” when an opportunity, for profit arises.

"If the purebbesing of silver were in he accelerated.” he added, "a price of $139 cunts per mince would be reached long before the United States remedied The prescribed quutus of $3,000,000,000 worth of monetary Silver"

He contendid that. armed with enntrol of the silver price with a large, ay in determining the price of gold, the Tufted States should enter into

International Conference for stabilisation of gold and silver in a bimetallic agstem Bender.

Senators Sign Petition

Washington, July 7. Setor Elmer Thomas of Oklábon stated that 40 senators, democrats and republicans, had alrendy signed i

THE HONGKONG TELEGRAPH. MONDAY, JULY

What goes into the making of a radia bradenst forms one of the more interesting scenes in Warner Bros. newest musical, "Sweet Music” which is showing at the Allmmiben Theatre to-day. Here are Alice White, Allen Jonklas, Ann Dvorak and Rudy Valles. In the cast are Neď Sparkı, Helen Morgan, Robert Armstrong, Joseph Cawthorn, Al Shran and Phillip Reed.

petition, which had been got up by the groups of silver senators to be sent to President Roosevelt. asking him to neerlante the United States silver purchasing programme with a view to merensing the price of silver. CRUISERS"

Senator Thomas said that he hoped

lo secure 49 signatures or a majority of the Senate before submitting the petition.

"

BIGANS

POSITION

U. S. THIRD PARTY

CHAN CHAK TO TAKE THEM NORTH

formally taken

I'resident has

full presets to raise the price of silver," in declared. Mut we feed that

The rebel cruisers Hai Chi and the programme has not been carried out | Hai Shen were energetically enough. The paramount isate before the nation is zilver." Renter,

Uinusuni Situation

$t

Lombon, July 7, An unproendected development in the history of the bullion market fuccurred during the fixing

London day, , price of silver in

When Die brokers desded to deny the fing in der to see whether Amerion i would enter the market.

The price is usually tixed on Satur day around 12 o'chel, noon. Tu-day, However, it was not fixed until 2.36

5.01.

"PRODUCTION FOR PROFIT" OPPOSED

Chicago, July 7. The extron left wing have or over by Vice-Admiral Chan Chak|ganized a third party tentatively on Friday afternoon, according to titled "The American Commen- a statement issued to the Press by | wealth Political Federation." which The Vice-Admiral yesterday.

is commilled to “produelión far bey use as opposed to the profit up-

tem."

The Statement says that cause of some teressary repairs to the wireless sets on the two cruisers and the taking on of pro visions they were not prepared to return to Nanking for six more

days.

On

Senator Nye, in a speech to the "'1' favour foundation

party convention, said: formulating the

of

what will really I a second party aligned against From Hongkong the cruisers will procent raight to Nanking, the conservatism of both the Bes publicans and the Democrats, I afthoilgh the Vien-Admiral Was unable to say whether they would, you build on a solid foundation you This morning brokers received very he incorporated with the Second Can be assured of the support of! heavy selling orders from India a Naval Squadros,

Liberal opinion in the Senate.“ Chin, specially India, ad the

Seantor Nye was, however, of i Saturday evening Vice- price had been fixed on the order a a very sharp fall would have occurred. Admiral Chan Chak dined with the opinion that such a third party! The brukers felt that such a price some of the Hai Chi and Hai Shen could not at present succeed.-- svould not be n

reflection of officers, including Captain Tong Caited Press,

Training therefore Ching-lni and Chief turned to their offices in ander tooteer Chang Fopp-yan. wait for Amerien.

On reassembling, America entered the market as a very heavy buyre! prier accordingly only fell i ne

urbing the Eastern offerings. The

market

5021 cosditions

sane for Spot.

ani

The market was finally described as steady, Reuter,

LESMAN SAM

NOT SO OFTEN, BUT BY. THUNDER THERE'S A HECK OF A STORM COMIN'İ UPRIGHT NOW!

TOLLSELGREEN, I'VE NURE A WEEK, 29. N' 1. HAVEN'T TEN A DROP OF RAIN!

IT EVER DO THAT điểm TUT HERE VINY MORE ?

Courtesies Exchanged Commodore C. G. Sedgwick paid

CRE Vice-Admiral, Chan Chak on board the Hai Chi an official cãil on Friday, the Admiral returning the entriesy later in the day.

Commatore Sedgwick expressed

8, 1935.

RADIO BROADCAST

[Continued from Page 7)

ITA.

D. Close down.

Transmission 3

-(0,5,6, 18×1)98 p.m.; GINE, 10 pomet waari 6.8.D., 12-1 ..

10 p.m. Big Hen. The Emlyn Collieries

Kilver Prize Uand.

10,30 p.m. "Meet the Detectives of Fletion."

"Meet l'ather Brown" presented by his creator, G. K. Chertreten.

10.13 p.m. A Bornia Heeltal by Amina Lüerkeel (Violin) and Margery Cunningham (P'lanoforte),

11.13 p.no, The Dungaria Giger Iland, cons durfed by Grates Gurns. Relayed from the Jungaria Restaurant, Ivonalon. 17.15 p.m. Sport 12 .m. 12.15 x.m

Talk

The Halili, Neribren Orchestra.

Daner Maste,

Greenwich Time Signal at (30 p.m.

12.30 am. The News.

12,45 wt. Dante Music.

1a.m. Closes daen,

Transmission 4

ན་ ། ཨི (6.8.11, and R.D.)

PART I

1.12 .m. Fits Nen, The News, Itairy

Produce Notes.

1.30 A.M. The Commodore Grand Orchestra, 2.5 mm. The Sulla Bridgewater Quintet.

Greenwich Time Signal at 7p.m.

3 mm. The ... Millary Hand.

3.30 1.29. Will E. Pepper's Whits Coona,”

firewich Time Klenal, at 1 p.m. 4.30 a.m. Close down,

PART H 4.45 am. Interlade, 4.0 am. Tathiorelen

P. A. Valst. Chamber Marks. Kiri urtet. #.15 h.m. The Nawa. B.30 .en.

6.5 a.m.

Ianre Mudde.

4.45 a.m. Cre down,

Alp

Mr.

Thr

Virtuoso

KZRM PROGRAMME

This Evening's Broadcast From Manila Station

The frethowhow perramme will be rundenat! form Maslo Oda aven Ing.

p.m. tng Selah of the Alr, com

debt by M. Hedrich 4.30 pm, Spanish Tafomational Period.

4. j.. English Informations? Perbet, 4,55 p.m Stock Qutatlong threggh the entriony of Swan, Culbertron and Felte.

; p.m.

Bilio Mapper. 7.5 p.m. Studebaker

mmons Montai Motor Company', State Hermnltīga Cu Proąstrate, A p.m.

cofolleted by it. How 1.45 p.m. Paremu Pertun

5.13 p.m.

*.45 3.m

91.m.

P

Chain KG. louine Chardly weepstaken fro praoine.

Tis be actigate it,

Stok C

Market Reports,

+191 Loent

Title Theatre of Ne Ate femuring

the Interntional Player,.

3.30 pm, Converto Hoar. 10 p.m. Bostond Variellon,

11.

Filem 09.

Mr. R. Dormer, Scoutmaster of St. Autrew's Troop (1st, Kowloon), who is at present où Home leave, was one of the many overseas Scouts to take March Past in in the Gra appreciation at the reception ne-

Part corded him and spoke highly of London un the secasion of the King's Silver Jubilee. Their Majesties tho the efficiency on the Hai Chi

King and Queen themselves took the was intimated to him that the two salute before attending the National cruisers would leave under the | Senat. Service nt St. George's Chapel, command of Vice-Admiral "Chan | Windsor. Mr. Dormer is returning Chak for the north this week. to the Colony shortly,

it

I Made a Real Hit With Him!

MAW, YOU AN' ME'LL BEAT IT DOWN CELLAR

TILL TH' STORM BLOWS OVER, AN' SAM KIN GO OP IN HIS BED AN' HIDE HIS HEAD UNDER TH

QUILTS!

|

DON'T WORRY ABOUT ME!

I'M NOT AFRAID OF A THUNDER STORM TO BE! HONEST WITH YA,

I LIKE 'EM!

SAY, ARE YOU

Cuckoo- LIKIN' A THUNDER-STORM?

NO, SIR! I'M JUST DIFFERENT I THOROUGHLY ENJOY ONE!

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04,1

IT WAS SHORT AN' SWEET! THUNDER-STORM¿. WAS

WELL, EVRY THING'S QUIETED DOWN, SO

YOU CAN COME UP NOW, FOLKS!

OKAY, SAM

SWELL-

WITH TH'THUNDER

WELL, THEN, BOOMIN', TH' UGHTNIN') BEAT IT OUT-

CRACKIN' AN' TH’- DOORS AN' GIT. IT FIRST HAND!

I WAS MARTICULARLY

BY TH' LIGHTNING,

Stall

SWAN, CULBERTSON & FRITZ

Investment bankers and brokers in securities and commoditie Dally New York and London Stock Exchange Service. Commodity Futures on the principal Americas marketa

Members of:

New York Cotton Exchange. Chicago Board of Trade.

Commodity Exchange, Inc.

(Silver, Rubber, Silk, Coppar, Hidea and Tin).

New York Coffee and Sugar Exchange. Canadian Commodity Exchango Inc.

Winnipeg Grain Exchange.

Maulla Stock Exchange.

Correspondents for Hayden, Stone & Co.

Telephone: 80244, 30245, 80246. Cable Addrese: Swanató

9, Queen's Road Central (Corner of Ice House Street),..

✪ 1934. BY NEA SERVICE, INC.

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