SHOWING
TO-DAY
AIR-CONDITIONED THEATREN
At 2.30, 5.10, 7.15 & 9.30
p.m.
HELL BENT FOR GLORY... HEAVEN HELP THEM ALL!.
WARNER BROS. Presents
In
ERROL FLYNN THE DAWN PATROL
with
Basil Rathbone David Niven
•
DONALD CRISP. Melville Cooper Barry Fitzgerald. Carl Esmond Directed by EDMUND GOULDING • Screen Play by Seton L. Miller and Dan Totherah - From in Original Story by John Monks Saunders - Music by Max Striper
ALSO LATEST CARTOON IN TECHNICOLOUR
“SPEAKING OF THE WEATHER”
NEXT CHANGE
20th Century
Fox Picture
4 SHOWS
DAILY 2.30 - 20 7209.30
"FRONTIER MARSHALL” with Randolph Scott-Nancy Kelly-Cesar Romero
MAJESTIC
THEATRE
NATHAN ROAD
TEL 57223
MATINEES 20‹ - 30‹ © EVENINGS 20%-30%-50<-70.)
SHOWING TO-DAY
PLEASE NOTE SPECIAL TIMES: AT 2.00, 4.30, 7.10 & 9.40 P.M.
THE CHINA MAIL, OCTOBER 14, 1939.
FRANCE HAS 5,000 TONS OF GOLD FOR CARRYING ON WAR
Paris, October 8.
FRANCE POSSESSES more than 5,000 tons of gold bullion which can help her to finance a very long war. Her strong financial position accounts in part for her firm de- termination to pass with flying colours the stiff trial set be- fore her. The French soldier, fighting in the trenches, will not lack for food and the necessities of life, for France to- day is enjoying sound economic conditions which enable her to carry out to the last letter all military orders,
The Bank of France at this moment has approximate- |ly 2,500 tons of gold in its vaults. The Stabilization Fund holds another 500 tons. French possessions and holdings abroad, despite the mass return of capital since November last year, still total between 70,000,000,000 and 100,000,000,- 000 francs, or about 2,000 tons of gold.
PRESENT SOUND POSITION
To such stupendous riches in gold bullion must be added the gold re- The financial state of affairs in sources and foreign currency of the France to-day, City quarters declar- French Treasury, which represent a ed, thus was seen to be very favour- able. This is not all, for the French reserve of financial power impossible Government does not intend to draw to estimate:
on its capital and would neglect no means to keep its commerce as normal as possible.
Moreover, if the need ever arises. France can obtain either private or
Another favourable aspect of public credits abroad. In this connec-situation was that the trade balance tion, the Franco-British financial showed an excess in favour of France
agreements serve to complement their military and diplomatic accords.
THE GREATEST HISTORICAL DRAMA OF ALL TIMES! SALIENT FACTS AND STATISTICS
Screen
Claudin
eld Op
and En
An. M-
THE ROYAL
Directed by W. 5.Von
Dyke !!. Produced by
Hunt Stromberg
A
BAD-GIRL
IFE. HER SINS
werful romance Hirilling esca- Gudes wondrous
sfonts to see... 21 hours of mighty entertainment!
NORMA SHEARER TYRONE POWER
IN
Marie Antoinette
with JOHN BARRYMORE • ROBERT MORLEY
ANITA LOUISE •
JOSEPH SCHILDKRAUT Gladys George • Henrý Stephanson
NEXT CHANGE
The Case of the Murdered Divorcee Gives Chan His Most Spectacular Adventure!
SIDNEY
TOLER
in "CHARLIE CHAN IN RENO"
A 20th Century-Fox Picture
TO-NIGHT'S DINNER
1: Ox-tall Soup
2. Stuffed Fish & Shrimp Sauce
3. Victoria Cutlet
4. Boiled Chicken & Egg Sauce
5. Pears Meringue
6. Tea or Coffee
ST. FRANCIS
Price 95 cts. HOTEL
QUEEN'S ROAD, CENTRAL,„.
To appreciate the wealth of France a review of the financial aspects of the Great War will tell much.
Between 1914 and 1919, loss in trade, it is pointed out, was compensated for by a special levy which yielded Frs, 65,000,000,000 in five years, or an aver- age of Frs. 13,000,000,000 yearly for the duration of the war.
the
when the war broke out, after equili- brium had been attained last year. Then, too, the same circles continued. the Allies enjoyed uncontested· mari- time supremacy which would enable the French Government to carry out its decision to encourage exports more
than ever.
From the very first week of the con- flict, the Government excluded from price and profits control exports to foreign countries. France, they add- ed, had kept her best markets abroad with the exception of Germany Poland only.
and
Imports would naturally increase to a large extent and exports could be expected to drop for France, while restricting consumption and develop- ing colonial products for importation, would make large purchases of materials abroad.
wär
Furthermore, the debit of Frs. 65,- 000,000,000 was balanced by a credit of Frs. 37,000,000,000 drawn to the extent of Frs. 8,000,000,000 from freight and insurance fees paid French companies Frs. 13,000,000,000 in the form of foreign stocks and shares held by French citizens, and Frs. 16,000,-. 000,000 in money spent in France by there the Allied armies. Therefore,
The foreign currency that France was an unfavourable balance of Frs. would obtain through her export 28,000,000,000 for the five years of trade abroad, City quarters conclud- war, or about Frs. 6,000,000,000 year-ed, would be used to pay for, these.
war purchases. The huge gold to ly. To balance this, France had
sell some 1,600 tons of gold every serves would act as a reservoir
monetary power. Havas. year.*
„JILI NODER
TAKE ANY TRAM or HAPPY VALLEY BUS.
CATHAY
DAILY AT 2.30, 5.15, 7.20,&9.30.P.M.. MATINKES —— 30c. 36c. 40c. EVENINGS;~206, 30, 50c., TO..., #0c.
TO-DAY
TO-MORROW MONDAY
Metro-Goldwyn-Mayer's Singing Thrill!
The Most Exciting Screen Entertainment of Years! Prize Musical Drama of A colourful Era
With the Prize Star Cast of 1939 !
“URB. ONLY
Let FREEDOM
RING
Nelson Eddy
VIRGINIA PROCE
BARKATORI
•
ITONEA
FOR MOLAGLEM
› DWAPD ARNOLD
.! +
William Powell, Myrna Loy in
“THE THIN MAN"
re-
of