Like some of the previous storylines, volume 34 has a slightly more serious tone amidst the chaos that is Ranma 1/2. There are five to six stories in this one (since two bleed together), and three of them are only one chapter long.
We start with a trip to the beach, where Akane nearly drowns in the water. She wins a price for being the 10,000 person to drown there - it's a bathing suit that will make her swim. And it works! It seems to be made of jellyfish, and Akane loves swimming in it. Someone from the town suggests that she compete in a race the following day, so she does. Ranma is suspicious, so he races to - but Ranma is the only one who shows up who doesn't have this amazing swimsuit Akane's wearing. All the others have short, dark hair, too... Turns out the race is through whirlpools and other obstacles, to get to a giant jellyfish. Akane wins, and it grabs her up in his tentacles, so Ranma rushes forth to rescue her, and... gets a trophy for second place. The jellyfish tosses Akane up into the air to celebrate. It's... not dangerous at all. The following day, though, Akane's swimsuit dries up.
While the Tendos are still on vacation, Ranma comes across Ryoga, who's come to the same town to visit Akari. Her map to get there was ridiculously simple, and Ryoga still has trouble finding his way to the giant elephant statue where Akari is waiting. Ranma helps him, and Akari has left already - so he ties Ryoga to the statue before he goes looking for Akari. This leads Ryoga to impatiently walk off with the statue tied to his back. Eventually he and Akari connect - Ryoga sees her in his reflection in the lake (since she's climbed atop the statue) and he falls in. Ranma discretely turns Akane around so she doesn't see, and suggests that they butt out now. Later, at the Tendos bungalow, Ryoga is asking Akari if she was waiting long, and Akane and Ranma are noting that at least it keeps things interesting. (omg, Ryoga not mooning over Akane is a delight. I love him so much, but I also adore him moving on.)
The following story is the bulk of this volume, and it deals with Nodoka and Ranma. Ranma and Genma go to a family grave in order to take the Saotome treasure. But while they're there, Nodoka shows up and retrieves it (and sees Ranko and the panda there). She later shows up at the Tendos, noting that she feels that when Ranko is near, she can almost imagine her son. She says she wants to give Ranma the family treasure, and Ranma wants to reveal himself to her. There are two chapters of Genma trying to prevent this, and then he's revealed to Nodoka in his human form. She's... not particularly happy with him. Genma takes off with the treasure and Ranko declares that she'll get it back. (Nodoka is perplexed by how manly Ranko seems.) Watching Ranko and Genma fight, Nodoka notices that there's something threatening about hot water kettles. Later, when Ranko is knocked out, Nodoka tries putting one on her head. And then just the lid. (Ranma wakes up and kicks it away, revealing that there isn't even any water in it.) Nodoka wonders if Ranko is afraid of hot water, and Ranma runs away, thinking his mom has figured it out.
Ranma arranged to meet Nodoka at the family grave. But when she arrives, there's a fake Ranma there, and Genma knocks her out and takes the treasure. An angry Ranma appears, having been tied up and buried by Genma. A chase scene follows, with Genma and Ranma transforming quite a lot, and Nodoka (who can't see him) noticing that Ranma's voice keeps changing. Finally Genma runs into a tree on the edge of a cliff and Nodoka goes flying out of his arms. Ranma jumps to save her, knowing full well that he'll transform when they hit the water below. He throws her sword into the cliff face below them, and they land and balance on it, and have a touching, tear-filled reunion. (this boy needs a mom, you guys. seriously.) He's about to tell her about the curse when Genma lands on the sword. They all go tumbling into the water, and Nodoka sees Ranma transform as he crashes into the rocks beneath the water.
Unconscious, Ranma has some crazy seppuku dreams while Akane explains to Nodoka that Ranma didn't want to disappoint her. Nodoka says that it explains why Ranko felt like family to her, and says that she - no he - was so manly, and that this child is a fine boy. Soun and Akane verify that this means Ranma doesn't have to commit seppuku.(Genma, meanwhile, took the case with the family treasure to pawn it, only to discover a pawn slip within. Family tradition, I guess.)
Back at home, Nodoka comes to the dojo where Ranma and Akane are taunting each other and comments that they get along so well, and tells Akane that she should come visit them whenever she wishes. She's taking Ranma and Genma back home with her tomorrow. This flummoxes both Ranma and Akane.
Later that night, Ranma and Akane are home alone together, but before everyone leaves, Nabiki tells Ranma to find Akane and cheer her up, because she's been crying over the separation. Ranma doesn't believe her, but Nabiki convinces him, and then his head swells and he thinks that Akane can be cute sometimes. Akane, however, is in the dojo thinking that she needs to see him off with a smile, since it's not like she'll never see him again. But when they finally talk, Ranma is annoyed that Akane thinks his leaving is for the best. When Akane asks if he doesn't want to leave, he gets even more annoyed and says he can't wait. Akane takes the bait and says "I'm sure you can't, since you're not leaving anything you care about." They continue to bicker, and the next day everyone says goodbye to Ranma except Akane. She's looking out the window, but writes "Jerk" in the condensation when he sees her, so he holds up a sign that says "barrel", and they part. At Nodoka's house, Ranma is sulking, because "with that kind of goodbye there's no chance."
Kasumi sends Akane over to Ranma's house with some laundry he left behind, but before she arrives, Kodachi, Shampoo, and Ukyo all come over to introduce themselves to Nodoka. Akane slips in the front door to see them all, then slips out just as quietly. She sees a concrete brick out front, so she ties Ranma's clothes to it and throws it inside at him. Things are definitely not good in the Ranma/Akane romance world.
In the next story, Nodoka has a package she'd like Ranma to give Akane. But he and Akane aren't exactly talking to each other at the moment. His fist attempt fails, and he opens the box to see... a ring? Nabiki sees it as well and says it's obviously supposed to be an engagement ring, so now Ranma is freaking out over how to give it to her (preferably away from others). He messes up a few times, and even dresses up like his mother, pretending to be her in a dark shed so that Akane won't think it's from him. She calls him out, and then comments on how different it is, only seeing him at school. They then proceed to argue about wanting to make up. (I can't even make this up, omg.) Having failed at giving her the present, he crawls back through his window (still dressed in his mom's kimono, but as a guy) and is seen by his mother. XD
Nodoka sees Akane out and about and asks if she's received her gift yet. Ranma is still trying to come up with a clever way to give her the gift, and his ideas are garbage. Luckily he can't carry out his moronic idea because Kuno interrupts, having heard that Ranma was to give Akane an engagement ring (Nabiki blabbed). But Ranma keeps anyone from actually saying the word engagement, shouting "it's not!" so, you know, Akane won't get any ideas. But he seems to A. think it is an engagement ring, and B. wants Akane to have it, because when she demands that he hand it over, he asks "... you want this?" and she says "Darn right I do." and he thinks "It's not what I expected, but at last..." and then his suitors show up, demanding that he give the ring to them. He escapes and finds Akane in the park, and tells her not to get the wrong idea when he gives it to her. She seems genuinely touched, and asks if she can really have it. He says "Mom said it was for you, and, well, I thought it would look good on you, too." But when she pulls the ring out, it's actually just a fake top for a box to put pills in. Nodoka says "I always did love that pillbox. We Saotome women have so many hardships to tell with." And at the end it's also revealed that Shampoo, Kodachi, and Ukuo have destroyed the Saotomes' house, so they're back living with the Tendos again.
And finally, we have a cute little one-shot where Ukyo is sick and asks Konatsu to run the shop. But Konatsu is super thrifty after a life of poverty and makes terrible food and charges nothing for it. So Ranma and Akane help, and it gets worse. So Ranma suggests they make the money back by having a challenge - people can win a giant prize if they can eat all of the meal Akane prepares, and charges 100,000 yen per challenge. Finally, Ukyo decides to just close the shop altogether while she recovers, as Konatsu ended up emptying the till to hide money in the okinomiyaki to boost sales.
So, this is weird because I know that the next (last) two volumes focus on China and the curse, and Ukyo isn't much of a presence in them. A lot of shippers think that she's the most viable option (sometimes over Akane, which is narrative BS, in my opinion) - but really the fact that most of her storylines are just friendly stories, I really feel like she's not romantically threatening for our main couple. She's cute, sure, but it's pretty well established that Ranma thinks Akane is cute when she's *behaving* in cute ways. And while Ukyo and Ranma have a history of friendship, at this point Ranma and Akane have so much shared history, too. So I kind of feel like this volume puts the nail in the coffin for both Ryoga and Ukyou as suitors. But that's just me and my shipper goggles, I suppose.
This was a good volume, and I really liked the resolution with Nodoka - as well as her being in Ranma's life ended the need for him to stay at the Tendos', and that this revelation completely threw him off because he and Akane hadn't really imagined life any differently. I just... I really love these two.