1937-02-27 — Page 25

NEW YORK MARKET STRONGER

UNCERTAINTY OVER

UTILITIES

AIRSHIP SERVICE TO EAST

FORESHADOWED BY ZEPPELIN EXPERT

Berlin, Feb. 20,

New Yoric, Feb., 20. Despite continued caution,

The opening of airship truffle from the entire ist was higher on the New Europe to India and the Far East is foreshadowed by Captain Leh- York Stock Exclung to-day.

Mercantile insues strengthened on mana. the trans-Atlantic nirship trade reports and

were commander. others heartened by the further advance in steel scrap prices, improved carload- and also increased automobile production and wholene und retuli trade improvements.

unfavourable influences were the continued labour difliculics, tall and narvous commodity exchanges and uncertainty over utilities.

The Bond market was irregularly higher, with U.S. Government issues lower, while Issues on the Curb

མས་ Exchange were irregular,

Dow-Jones Averages,

Industrials Rails

Uullies

Bontis

Volume:

www

Feb. 25 Feb. 20 Change 106.00 187.17 Up 40 57.43 57,81 Up 38 34.00 34.02 0.04 103.00 104.00 Up .04 1,780,000 shares.

Fast Trains For London Glasgow Run

LONGEST NON-STOP

SERVICE

London, Feb. 20. New high-speed express train ser- vices between London and Glasgow are shortly to be introduced by the London and Midland Railway,

The journey to Scotland, covering 401% miles, will be performed in six and a half hours. The only stop. ping place will be Carlisle.

The Journey will be the longest non-stop run in the world. The en- gines employed will be of the stream- lined type-Reuter.

RETIREMENT

JUDGES

Captain Lehmann says the technical and economic conditions for. such fights can be satisfactorily met. By 1039. Germany will have four modern airships, and higher speeds, fores greater comfort and cheaper can be expected-Reuter Special.

Pope Pius Continues To Improve

THE HONGKONG TELEGRAPH. SATURDAY, FEBRUARY 27, 1987.

FOUR POWERS

WILL GUARD

SPAIN COAST

Russia and Portugal

Dodge Responsibility

London, Feb. 26.

It is understood that putting into force by the United Kingdom of the Naval Supervision plan, under discussion by organs of the International Committee for application of an agreement regarding non-intervention in the Spanish Civil War, would require legislation. It will be necessary to impose a legal obligation on vessels proceeding under the British Flag to Spain to conform into the thirteenth Week of his ill-with the procedure contemplated in such matters, to call after times when his life was despair at ports specified in the plan for the purpose of picking up the International Committee's supervisors and to subject to interrogation by the naval patrols of powers acting on behalf of the Committee.

Vatlenn City, Feb. 26,

His Holiness the Pope to-day enters

ness, with high hopes of recovery,

ed of. The recent Improvement la

condition has been maintained. His Holiness spends most of his

day in the audience room and takes a daily walk around the apartment.

sometimes alone, sometimes on the arm of a secretary. He refuses to

walk with a stick.

un his halenny, in the sun. -- Reuter Bulletin Service.

According to

the decision

reached

by the

FILIPINOS GREET QUEZON

DICTATORSHIP PLAN FLATLY DENIED

WASHINGTON WELCOME

Washington, Feb. 26. President Quezon arrived here shortly before lunch and was greeted by a large gathering of officials us. well as the entire Filipino community, There was a striking display of United States

Philippines Common- wealth flags.

On arriving at the White House, President Quezon was entertained to luncheon by President Roosevelt, after which he issued a statement,

saying, "I have come to report to the President on conditions in the Philip- pines, us required by the Independ once Act. I expect to discuss the question of the future of the islands when the appropriate time comes, but that will be in a preliminary way," Sabsequently, speaking at his dis- cussions with President Roosevelt,

President Quezon said: I reported to the President on conditions prevailing In the Philippines, as provided by the Tydings-McDule Act, I said non-

and

clat

economic conditions were

very good and that the Common-

wealth was running efficiently, with a Budget surplus of 18,000,000 pesos." NO DICTATORSHIP President Quezon repudiated the published suggestions that he was establishing a legal dietatorship. "I believe in democracy." he said.

wisdom and reaction of the masses, live in the ordinary mass and the

"L

accordance with the Constitution that

On warm days he walks a little International Committee of February 19, supervision is

to become into operation next Saturday, and thereforeHowever, it is true also that I be during the next week, as soon as the scheme is finally approved by the Committee, the British Government will introduce necessary legislation and provide. Parliamen- think that in ten years we can train tary time for its passage into law.

NEUTRALITY RESPECTED

HITLER'S PROMISE TO SWITZERLAND

ap-

It included the

The Chairman's Sub-comittee of ¡trol of the Spanish war zones is the International Non-Intervention not yet known, it is known that Committee to-day hud under con- Russia objected to the ared sideration technical problems of plication of the scheme for the super-allotted to her. vision of vessels having the right to Bay of Biscay, which is always "At all times we shall respect they the lugs of participating coun boisterous at this time of year.

to Spanish ports, tries proceeding

Herr Joachim von Ribbentrop, the maritime countries should be asked

Berne. Feb. 26

OF integrity and neutrality of Switzer

Washington, Feb, 26. The Senate has passed the Bill permitting Judges of the Supreme Court to relire voluntarily on full pay at the age of 70 years.

land: aflem this categorically,'

This is the assurance which Herr Hitler is stated to have given to the former Federal Counellier,

and agreed that representatives of German, Ambassador, told a previous to arrange for official Govemment ex-eeting of the Non-Intervention perts to attend a meeting in London Committee, that Germany would only on March 3 for the purpose of reach-gree to the participation of Russia Schulthess, during the latter's visit tong decisions of technical questions provided that the experts

mendations with regard to zones were Berlin this week-Renter.

adopted.

TREASURY BILLS

11.

The action came shortly after President Roosevelt's announcement at a press conference that he would address the nation in a radio talk on

London, Feb: 26. March D. The address is expected to The total amount applied for in contain fervent support for the tenders for £10,000,000 Treasury bills Court plan, pointing out that the was £74,175,000. The average rate alternative is a constitutional amend- | för bills at three months ment which would introduce dan- 10/5.19d, against 1173.65d a week ago. gerous delny-Reuter.

--British Wireless.

Swan Culbortion

Friti

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concerned.

According to communique, after considering turther the land super- viston scheme, the representatives undertook to communicate forthwith

to their respective Governments the technical documents concerned, with a request for immediate instructions thereon.

recom-

Later.

A communique issued by the Non- Intervention Committee to-night, 36 the Soviel representative has stated that his Government did not at present claim to make use of the right to participate in the naval supervision of Spain, as it was not interested, either

politically or otherwise, in the presence of its naval forces in the Mediterranean Sea or the Atlantic Ocean, at a great distance from s own bases,

The Committee passed then to consideration of the naval supervision scheme. The Russian Representative stated that in view of the fact that it had been agreed In principle that any government, party, to the agree«.

~~~ The ̄ ̄ ̄ ̄Portuguese représentative, ment, had the right, should they so meanwhile, has reminded the sub- desire, to participate in the Naval

Committee that Portuyni always Supervision Scheme, the

Russian favoured entrusting the supervision Government did not claim at present scheme

to the United Kingdom, to muke uctuni

Juni use

of this right as France, Germany and Italy. There- it was not interested either politically fore, he said, Portugal did not desire nivit forces in Mediterranean sea or as ports pie in the control scheme

of its to participate in in the Atlantic Ocean at a great dis four powers.--Reuter. tance form their own naval bases,

representative re-

or otherwise in the

The Porternment had always {

SPANISH SYMPATHY

lieve in a strong Government in

has given life to the Government.

Referring to the defence plan, he said this would be adequate,

adding.

and equip 400,000 men. We are not organising a great professional Army. Our Regular Army will be no more than 10,000, We are training the whole of the citizens,"

President Quezon declined to dis- euss whether the United States should retan naval bases in the Philippines, pointing out that this would be dis- eussed after complete independence has been obtained.--United Press,

TRADE TREATY SIGNED

BRITISH ACCORD WITH CUBA

London, Feb. 20. A commerciul ugreement with Cuba was simned at Huvana on February 10 and comes into force provisionally as from that date. "It provides that United Kingdom goods shall be treated in Cuba not less favourably than those of any country

apart from the special treatment accorded to United States goods-und that Cuban goods shall enjoy most- United Kingdom. The Cuban dulles favoured-nation treatment in the

on certain United Kingdom linen und woollen piece goods are reduced, and the Cuba Government undertakes to consider sympathetically requests for further tariff readjustments. The agreeme Insurance enterprises shall not agreement also provides that British subjected to

to legislation Imposing so long as it was confined to these

more onerous conditions than those faur powers. Representatives of the to H. M. S. Royal Oak which resulted their Cuban business already applying to

called his favoured naval supervision scheme

London, Feb. 20. being entrusted to four powers, the Senor Del Vayo, Spanish Minister United Kingdom, France,

Germany Forbes, British Charge d'Affaires, the?

of State, has expressed to Mr. Ogilvie and Italy, and stated Portugal · not desire to participate in the scheme sympathy and concern felt by the Spanish Government at the accident

Would

faur pov

powers

agreed to subm

to submit to their Governments a scheme for navol supervision by themselves already prepared by the Technical Advisory Subcommittee, with view to settling technical problems involved in its application. The Committee will meet again Monday.British Wireless.

RUSSIA'S OBJECTION

London, Feb. 26. Although Soviet Russia's reason for withdrawing from the International Non-Interven. tion Committee's scheme of con-

in the wounding of five officers und men.British Wireless.

GOLD STRIKE IN ALASKA

Fairbanks, Feb. 20. Gold strikes have been reported un atributury of the Kuskokwim River and on the Togiak River, west of Good News Bay.

Buth are

United Press..

piacer

workings.--

DAY BY DAY NEWS IN BRIEF

S.

A WISE MAN WILL MAKE MOJE į It is notlfled

C. that Mr. OPPORTUNITY THAN HE FINDS.-Bacon, Archbult resumed duty as a Member of the Traffe Board on January 22.

It is notified that His Honour thei

Chief Justice has directed that the

**

symard

to the conduct of

The Cuban Government recognises the necessity of alleviating the posi- tion of United Railways of Havana, a' British undertaking, and promises etle consideration of requests put

to that end. The

The agreement runs until Decem- ber, 1937. There is also an exchange of Notes precluding action which would prejudice the present position of British shipping in Cuba. British Wireless.

Speaker Will Ride In Ancient Coach

London, Feb. 20. When the Speaker of the House of A wedding has been arranged be- Cominons allends the Coronation tween Mr. William Sullivan, Police ceremony in Westminster Abbey, at on Monday, March 15, at 10 am. officer, No. 8, Police Station, and the special invitation of His Majesty Miss Margaret Olwin George, No. 1, the King, he will drive in the oldest

next Criminnt Sessions shall be held

It is notified that at the expiration Minden Avenue. of three months the name of the Perrin's (China) Limited, will, unless cause is shown to the contrary, be struck off the register and the com- pany will be dissolved.

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It was built in 1689 for William III MODERN and since 1780 has been used as the Speaker's coach.

Admitting a charge of possession of 80 heroin pills on February 19,

It is kept in the conch-house in Lo Wal-hung, nged 35, a blacksmith,

the basement of the House of Lords was fined $100 or two months' hard and every month its dust covers are Before Mr, K. Keen at the Central labour when he appeared on remand removed so that experts may polish before Mr. W. Scholleld at the Cen-it. It weighs three tons and was Mogistracy this morning Det.-Ser-

used in the Coronation of 1011 and geant G. A. Willerton applied for antral Magistracy this morning. order for the conflacation of 190

Jublice celebrations of 1935-Reuter A broker named Chun Ng, aged

Bulletin Service. pounds of sugar, found by him, un claimed and unmanifested on board 40, appeared before Mr. K. Keen at the 3.5. Hal Tan on February 24. the Central Magistracy this morning The order was granted.

charge of being found prepar- ing oplum at No. 110. Des VOCLEX The Tak Luen firm, of 107 Road yesterday. Chan admitted the Henessy Road, was summoned before charge and was sentenced to a fine Mr. K. Keen at the Central Magis- of $160 or to serve three months tracy this morning for obstruction hard Inbour, Senior Revenue Officer on February 7, by hanging 15 dried A. W. Grimmitt said that when ar- uncles on the footpath of Hennessy rested defendant was actually found P. O. Box 717. Road. Mr. M. W Lo, representing preparing a quantity of oplum. The outrun a severe storm. They expect was bolling and there was to return to Bombay Saturday where the firm, pleaded not guilty and plum after evidence had been heard the enough to make four toels of the Mrs. Lindbergh is walling. —United summons was dismissed;

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LINDBERGH IN STORM

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