1937-10-21 — Page 19

Wall Street JAPAN'S After Slump

Rebounds

Market's Poise Is Now Regained, Observers Claim

New York, Oct. 20. Wall Street to-day touched the other extreme

yesterday's after slump, and the market closed very strong.

Gains in securities and British in- terests ranged from anything up to ten dollars, all groups participating in the advanco,

The concensus of opinion is that the market hos now regained its poise-Reuler,

PRICES TOO LOW

New York, Oct. 20. Brokers and other Investment sources were flooded with inquiries regarding possible purchases, and it was apparent--even the man in the street realised that some of the knockdown prices prevailing have more than discounted the very pessimistic opinions regarding the goneral business outlook,

Prices to-day rose from one to

63

THE HONGKONG TELEGRAPH. THURSDAY, OCTOBER, . 21, 1087.

BOMBERS Territorials'

Chief Joins

SEVERELY DAMAGE Army Council CHINESE RAILWAYS Reforms Explained

Shanghai, Oct. 21.,

By Hore-Bolisha

Determined to cut the railway communications between-ganization und military appointments Shanghai and Nanking in order to prevent the transportation of Chinese troops and supplica to the war front, Japanese bombers yesterday concentrated their activities along the Soo chow-Kashing line inflicting considerable damage.

is line serves as the main link for the Shanghai and Shanghai-Hangchow-Ningpo. Railways.

It is learned this morning that a Shanghai-bound express from Nan- king was bombed by Japanero planes nt Wush station but details are not available.

An investigation just

uat completed re- veals that nine bombs were released at Pingwang Station in southern Kiangsu, near the Cheklang border, blowing up several sections of rails and damaging two passenger coaches. Two coaches were also destroyed at

Station Pachi

is believed that many passengers t Although detalls are still lacking, it Pingwang and Pachi were killed and

four and more points, some of the locomotive standing at the Ming- thore prominent issues rising much as five to eight points.

Trading, while not so hienvy yesterday, totalled 4,340,000 shares. --Reutre.

L

OPENING RALLY

hsing Station on the Shanghal-Hang-1 aschow-Ningpo Railway

destroyed.--Central News.

New York, Oct. 20, The stock market rallied at the opening to-day, many of the leading stocks galning up to three dollars or more on large blocks changed hands, The foreign markets were quiet, with a tendency to slightly lower prices.

of the trans-Atlantic stock, brokers stated that the early orders from abroad about balanced on the buying and selling sides.

The total turn-over of shares in the first hour of trading was 1,070,080, compared with a total of 2,210,000 for the similar perloc yesterday Reuter Special,

STRENGTH IN LONDON

London, Oct. 20

The Stock Exchange fluctuated narrowly and indecisively throughout to-day's session, apart from a few. of yesterday's chief sufferers, which recorded n gond recovery

The market burst into Retivity following the news of the constructive Italian move for non-intervention, most

sections participating in the brisk dealings, in which prices tended sharply upwards, Wall Street dis- played strength,

with вессвагу

selling readily absorbed. the market soared on broad front.

dis-

line

London, Oct. 20. Changes in the War Ofice or connected therewith, to which the King has given his approval with a view to marking and providing for the position new occupied by the Territorial Army as on Indianable Nanking-brunch of the fighting services, were disclosed by the War Office through the Secretary for War Mr. L. Hore Bellsha, In -speech at a dinner of City Lieutenants at the Mansion House to-night.

AMERICAN BANKER PASSES

Distinguished Work

+

For Charities

Thero was, he said,

no

RADIO BROADCAST

Relay of the Hongkong: Hotel Orchestra CHILDREN'S CONCERT

Radlo Programme Broadcast by (843-k.e's) 31.49 metres (0.52 m.c's). Z.B.W. on Wavelengths of 365 meires

30 p.m. Relay of Special 12.30 Three Songs by George Th (Tenor).

Ton Coeur (Dizet); Enlevement (8.

Nuit D'Espagne (Massenet); Ouvre. Bordese and C, Levade). chestra.

12.40 New Light Symphony Ox-

Dance Of The Hours ('La Gio- conda-Ponchiell); Salut D'Amnur (Elgar); Serenade (Pierne); Preludo (aydn Wood); Serenade Maurczque,

10, No. 2 (Elgar).

other country which could offer a spectacle Op me and Weather.

of competent and resolute voluntary defence services on a scate of those of Britain, In the Territorials they had an army almost as large as the

1.03 Reginald Foort (Clema Organ)

Poem (Fibich); An Autumn Seren- Regular Army and there was ne ade (Becce); Medley Of Daly's doubt it must be expected in war to Favourites: Intro: A bachelor Koy play full part. Already it

was (Maid of the Mountains); Villa (The charged with defending Britain from Merry Widaw); Bohemia (The Happy the coast and in the sky. That was Day); Leander (Katcha the Dancer); a tremendous responsibility.

Under the. Drodar (The Country New York, Oct. 20.

NEW APPOINTMENTS

Girl); You're in love (Gipsy Love). The death is announced of Mr.

1.15 Musical Comedy. Felix M. Warburg, prominent New that the King had

Mr. Hore Balisha then announced

The Love Parade' Selection Poyne and was York banker, at the age

68.-- of

approved the (Schertzinger)....Jack nomination of General Sir Reuter.

Walters D.B.C. Dance Orchestra: Musical Kirke, Director-General of the Ter-

Marches...Light Comedy

Opera The late Mr. Warburg was born ritorial Army, as a member of a German at Hamburg, but in 1900

the Company.

1.30 Reuter and Rugby Press; All questions affect- he became a naturalised American. Army Council.

Weather and Announcements. He was a member of the banking in the Territorial Army would firm of Kuhn, Loeb & Co., since 1806 ministered at the War Offee under henceforth be concentrated and ad-

1.40 The B.B.C. Dance Orchestra. Quick Step-There's No Time Like and subsequently became a Director

'Music Inth The Present im of the Manhattan Co., and the Staten the Director-General, who would be charms Tango--Marilou; Weitz Island Rapid Transit Railway Cam-given an adequate stuf.

The King also approved the crea- Saddle Your Blues To A Wild Must-

Give Me Your Hand; Fox-Trot pany.

He interested himself a great deal on of the ደር post of Deputy

You

Dreaming; Started Me in charitable and philanthropic work, Director-General

who

Comedy Fox Trots-I'm Nuls On 1 Laughted So Hard creation of I Nearly Died; the Support of the Jewish Philan had also approved the thropic Society, and of the American General of the Territorial Army and

"Over She Case (from Hopeless Jewish Joint Distribution Committee. the new post of Deputy Director Goes'), I Breathe On Windows (from He was President of the New York the promotion of a Territorial offer Over She Goca'): Wal-Lovely Foundation, and Vice-President of to the rank of Major General, who Lady (film 'King of Burlesque'); Fox- the Charity Organisation Society and would hold that office. Further, an- Troi-Alone At A Table For Two. the Jewish Welfare Board.

other, Territoriat olleer would be 2.15 Close Down. uppointed Assistant Adjutant-

8-11 p.m.

Chinese Programme General in the War Oflice.

Relay of the Dance Orelicalra from the Roof-Garden of the long- kong Hotel,

Lunghai Line Bombed By Japonesa Planes

Lunghai, Oct, 21.

continuing Japanese bombers are to accataste their attacks on the eastern section of the Lungwha Shanghal Railway in an effort to cut the Chinese communications from the interior to the coast.

would

and.

Yesterday three bumbers subject- being chairman of the Federation for given on adequate stair. The King Screwy Music. Fox-Trois-Mine's A

ed Hsinon Station to a severe attack. Detalls are still lacking.

The sume planes later swooped Tunghai d Hinou and ver

with machine strafed the streets guns-Central News.

GABLE NOT

ENOUGH

ENGLISH

He was a member of the Amer!- can Association for Adult Education. and Director of the Solomon and Betty Loeb Home for Convalescents, The Henry Street Settlement and the Institute of Musical Art, of which he was niso President and Treasurer.

He married Frieda, daughter of Jacob II. Schift of New York, in 1895, their children being. Mrs. Carola Rothschild, Frederick M. Warburg, Gerald F. Warburg, Pau first-class con- S. Warburg and Edward M. M. troversy in the R.A.F. You Warburg. can hear the Air Marshals mutter: "Demme, sir, who is this Clark Gablo?" THE trouble is Clark Gable isn't English enough for the

There's a

Some foreign buying was cernible, and leading Industrials recorded advances ranging from five Air Ministry.

lo seven point-Reuter's Special.

BINGHAM BLAMES BANKERS

New York, Oct. 20.

It happened this way:

FILMING THE R.A.F.

Some time ago the Air Minis-

U.S. COMMODITY PRICES

LATEST CÂBLED QUOTATIONS

New York, Oct. 21. The following quơtations On the New York commodity exchange sro

Mr. Robert W. Bingham, United States Ambassador to Britain, before try decided it would be a good sailing on the Queen Mary for thing to have a first-class film) England to-day, said there was no dealing with life in the R.A.F-issued by Reuters "Justification for the current stock Mr Michael Balcon, British Ho blamed the bankers and producer for Metro-Goldwyn- brokers for attacking the Government Mayer, submitted a story called for the candlilons which they them-"Shadow of the Wing," and Dec. selves had brought about,

ranrket decline,

Mr. Bingham was opumistic In regard to the European altuation, and said he was of the "opinion"

war that

improbable. AYER very -Reuter,

Dog Owners Fined

Forocious Chow Attacked

Police Officer

ble.

to Jan.

Mor.

May

Spot

New York Cotton

Opening Closing

8.27/27

8.26/20

8.31/32 8.20/20

8.25/24 8.25/20

8.25/25

8,25/20 8.37/37

8.25/20 8.28/20 0.37 N

#53

os

..

changes announced 5.15 Interval of recorded dance

The

BRITAIN'S REAL STRENGTH After commenting on the spirit of

1. How could you?: 2. Carelessly: On a co-operation which existed between 3. Fifty Millon Robins; 4. the regular and Territorial armies little Bamboo Bridge. and which the would strengthen the War Secretary music from 2.0.W. said that in nis remarks he had

5.20 5. Someone to care for me; dwelt not on

armed strength. That certain Foolish Feeling; 7. Riftin' n the Into service, but on fiat deep and in- which could be pressed and ordered Where are you?; 8.

in Ritz.

5.35 exhaustible reserve which was

Interval of recorded dance numbered in men alone nor counted

music from Z.B.W. in cannon, but which was more in- pressable than these the quicl persistent and unshakeable resolve of the British people, without pre-up and live. mature or permanent dislocation" of the balance of its national economy and lie, to meet any crisis and to endure. British Wireless.

Rebuke To Counsel

Magistrate Adjourns Young Pilot's Case

no!

5.43 0.1 looks like rain; 10. Love is good for anything; 11. There's a lull in my life; 12. Wake

0 Studio-Children's Concert, 6.45 tons.

Gilbert and Sullivan Seles-

The

Mikado'--Overture....The Light Opera Orchestra; The Pirates Of Penzance-Ah, Leave Me Not To Pine!....Elsie Grimin and Derek HMS. Pinafore-Vocal Oldham;

Light Орега Gems....Columbia

Soldiers Company: Patience'; The

Want a of Our Queen; If You

Receip! for That Popular Mystery...Darell Fancourt and Chorus of Dragoons;" Still Brooding On Their Mad Infalus- tion; I Cannot Tell What This Love May Be....W, Lauson-N. Briercliffe -M. Eyre and Chorus of Girls.

7.15 London Relay Can you Beat It? 3: The Supernatural Intervenca A talk by William Martin-Hurst, Resulting on his disappearance last

7.30 StockTM Quotations and long- month, when he lost himself and kong Exchange Markot. fai, Hongkong Flying School pupil, Vocal-Hoppy lunded in Chinese territory, Lee Kim- 7.33 Varloty, was summoned before Mr. K. M. Carr, G. Betz) Swiss Ensemble A. Barnett at the Kowloon Magis- conductor: G. Betz; Piano-Plane tracy yesterday for lying without a Medley No. B. 18....Charlie Kunz; pilot's licence.

Duet Vocal and Plano-Looking For Inspector F. T. J. Pertallion salt A Little Bit Of Blue: What A Little 15.08/06 that the Assistant Attorney General Moonligh! Can Do

(Alm 'Road 18.03/03 was prosecuing but was unable to House')....Layton and Johnstone; 10.00/00 attend court as he was engaged at the Band. Music-The Whistling Farmer 10.04/04 Junk Commission and would like to Doy (Fillmore); The Whistler And Stars 10.00 N have a date fixed for hearing, Mr. His Dog (Pryer)....Silver 16.14 N C. Y. Kwan was appearing for the Band,

The First Notice Day for December Cotton is November 24, with Delivery Dato December 1,

eventually

decided it was base the film on this.

-After that came the real trou-July

Oct. The "hero" was to be a British Air Force acer, and M.-G.-M. sug- gest Clark Gable or Spencer Tracy Air Ministry officinis demurred. suggesting that it would be better not to have an American to take the lead, though it was suggested that Clark Gallo would be the biggest Oct. box-office draw. Many discussions Dec. followed,

Jan.

Mar.

NOT REJECTED YET

May

it would be more in keeping with the

Mr. Balcon told a reporter: "There is a feeling at the Air Ministry that Sept.

July

New York Rubber

15:91 N

15.72/72

15.81/83 16.01/00 26.06/05

Sales for the day:-5,070 tons character of the film for an Engilah-Rubber is October 27.

The last Notice Day for October man to take the star part.

"It is true that Clark Gable has been suggested, but there is no ques-

down.

May

Pleading guilty through a repre- sentative, Mr. C. F; Lam, 7 Grampiantion yet of the Idea being turned Dec. Road, summoned before Mr. K. M. A. Barnett at the Kowloon Mingisicacy this morning for allowing his Chow dog abroad without being muzzled or on a lead was fined $15.

"There are to be further meetings July between officials of the Air Ministry Tuesday's Sales: and M.G.M. in a week or two, at wiilch it will be decided who là to star in the lm," M-G-M. RIVAL PLAN

Dec.

Chicago Whit

07/07% 19/03

00%/100 07/07/%

034/03

37,358,000 bushels. Chicago Corn

50/58% L/Sergt. W. Campbell said the onl

50%/60 mal in question was very ferocious

May

004/00 -014/01 He had been walking down Gram-

July

014/0131 plan Road when he met the dog

The First Noffee Day for December which barked at him and bared ta An

ex-Grains is November 30-and the last teeth and had to be kept off with ʼn i pressing his personal view enld: "My day December 28, baton.

understanding is that Clark Gable

Winnipeg Wheat Imposing the fine, the Magistrate may

122/122 not play in 'Shadow of the Oct.

.123%b 110/116 120/120 told the representative to warn de- Wing,' as the studio here has plans Dec. fendant that pay further offence of all set for him to star in Test Pilot' May 1147/115 11734/117% the same nort would result in the dựg | within a few months, and two air The last Notice Day for October being destroyed.

pictures together would be bad Winnipeg Grains is October 30. business."

Two Indica living at 12 Soares Avenue, Mrs. E. Ribeiro and Mrs. Kennedy, apparel together to an- swer summones for keeping a dog each without a licence. They plead ed that they had forgotten to renew the licentees unill October 1 but had done so before the summonses were Issued.

Bub-Inspecler H. E. Rogera sald about 11 am. Mrs. Ribeiro had come to Mongkok Follco Station and taken out Ecences, for both dogs. A little

New York. executivo "of ̧ M.-G.-M.,

Hull

Picked

For President.

By Tennessee

Nashville, Tennessee, Oct. 20. This State has unanimously adopt-

later Mrs. Kennedy telephoned that ed u resolution endorsing the nomina- tion of Mr. Cordell Hull, present

n girl had been bitten by one of the

dogs carlier la the morning-before Secretary of State, no Democratic

the licences hid been taken out.

candidate for the Presidency of United States In 1040 --Unlied Press.

A fine of $3 was inflicted on each the defendant.

Mrs. M. Cook 99E Waterloo Rond,

charged with allowing her terrier

abroad on October 3 willout muzzle! The loss of a quantity of oil, stores or lead, oxpinined that it was a four and component parts of a lathe from months old puppy. She had had the Ordnance "room

for, only a tuw, days, having bought Stanley Barracks yesterday,

it from the Dogs Home. Bho then sold it to some other people.

The summons was dismissed with a caution.

LOVE IN AUTUMN

SHE'S been a widow now for

Alty long years,

And it seems many days too

much;

So Elizabeth Mint a-going

to be

Mr. llarney Davis's old Dutch. Both lug in the town of

Greensburg, Pa.,

He's 00, she's 88

at the

new Wnx

And he says, "When you've

reached my time of Ufe

"

You feel that you need a mate.”

W.-T..K.

reported to the police by Lt. Peck,

R. A., who stated that entry had apparently been gained through an opening,

Swiss Memories

defendant. He was not in court, B Time, Weather and Announce- Apparently there was some

ment,

agreements.

8.03 Chinese Programme-Studio Remarking on the

discourtesy Concert. shown to the court, the Magistralo 11 Close.Down.

refused to fix a date but adjourned the summons for a week.

CHARGED WITH

..

CRUELTY TO WEIRD PETS

Charged with cruelty to a snake, lizard, a guinea fowl and soine containing thera in squirrels by boxes much too amuli for them, d Chu, 24, stall fokl, was brought before Mir, E, Hlmsworth at the Kow. loon Magistracy this morning,

He said they belonged to his master who had told him to look after them. On $25 ball, he was Aned $16, and the subjećts, of the charge were returned to him on the condition that he provided bolter accommodation for them..

FRENCH LOAN AUTHORISED

Puris, Oct. 20,

which A decree has been made authorlaca the Credit National to Issue on Monday a loan of a milliard franca in one thousand frane bonds insued at 015 froncs

The bonds. will bear annual interest of 65 frames and are redeem- able over 40 years by annuel draw- |ings, with the option for the Crodk National to redeem them ng from October 20, 1940,-Reuter,

8.03-11 p... European Programme from Z.EX. On a Frequency of 640 Kilocycles.

6,03 Brahms Sonata In F Minor, Op. 120, No. 1.

Played by Lionel Terils (Violin) and Harriet Cohen (Piano).

8.29 Two Brahms Songs by Marla Olszewska (Contralto),

Die Mainacht; Sapphische Ode, 8.35 Light Orchestral Concert.

of

(arr. Reminiscences

Grieg Urbach)

Marek Weber and, His Vienna By Night (Kom- Orchestra; zak)....Marck Weber and His Or chestra; Neapolitan Melodies, Med- ley....Columbia Concert Orchestra; What's Next? (A Potpourri of popu lar tunes of the last half Century (arr. H. Finck)....Herman Finck and His Orchestra.

0.10 Thought".

London Helay--Food för

Three short talks on matters of topical interest.

0.30 Londen Relay--The News and Announcements.

0.50 Two Songs by Gitta Alpar (Boprano).

I Give My Heart (im I give my heart'); The Dubarry (alm I give my heart').

Accordeon Ва

9.56

Primo Scalla's

(Continued) on Page 5.)

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