SCHUTZ.
MANKE
STYLES
THE LEADING LINES AND FASHIONS IN MEN'S HATS, TIES and SHOES ARE NOW 'SHOWING AT-
MAYFAIR THESE ARE THREE OF THE IMPORTANT ITEMS OF MEN'S WEAR, AND THEY MUST THEREFORE BE COOD.
J
THE QUALITY WE
OFFER IS OF THE BEST-WHILE
THE
PRICES ARE STRICT-
LY MODERATE.
THE HONGKONG TELEGRAPI!
WEDNESDAY, OCTOBER 11,
THE OLDEST BRAND NEW YORK STOCK PROBLEM OF PUBLIC
FOR
EXCHANGE
THE BEST BEER || YESTERDAY'S MARKET
IN THIS MARKET
If you are not satisfied with the so called Pilsener Beer, try
BLUE GIRL
GENUINE Pilsener Lager BEER
eCH620
FROM
BRITISH
RENOWNED
FACTORIES we obtain our stocks of men's wear, and, offer them with confidence that the wearer. will receive the highest value combined with great wearing quality.
NEW HATS
NEW SHOES
STEADY
WORKS-II
(Continued from Page 0.)
ous racketeers, and yet he thinks It well to enforce his present case According to Messrs. Swan Cut- bertson and Fritz, the Now York with an acceptance of the Roose market was steady yesterday. Bust- velt financial crudities. ness done 1,140,000 shares. Tho Wall
A word or two must bo gald Street Journal report on yesterday's market: The market was unsettled about the three specific sug luo to U.S. Steel Corporation's all-gestions for public expenditure time record low for unfilled tonnage, out of new loans, to which Sir The report showed the condition on Arthur commits himself, Tho September 30th as 1,716,740 ton, a first is surely the most perfect decrease of 114,704 tons from last month. Previous low fast Murch specimen of the unsophisticated 1,841,002 tons.
The year's hight for opportunism to which the writer June 2,108,671 tons. The Depart confesses.. It happens that we ment of Agriculture estimated 1033 have had a most exceptional wheat at 514,816,000 bushela as drought, and it also happens that compared with 720,000,000 bushels we have Just spent some 46 million for last year. Our New York, Omeo pounds on an electrical grid, tho Cable (This morning)
worth of which we have yet to dis- Stocks Current price movements holl little significance with traders Cover. Putting the two ideas awaiting news and developments. together Sir Arthur rushes at the Wheat: Woak cables and lack of opening for a wator-grid involving buying interest brought on small say 60,000 miles or water minh, juidation. The market needs a new an utterly preposterous proposal, stimulus to attract buying power. If this is the beat that the world's Cotton: There was some encourage, greatest plannor' can suggest, he ment from the action of the market can be safely dismissed as a on a large Government Esthante but
serious factor in public affairs. Immediate future prices are depen-With the figures of previous efforts dent largely on the altitude of farmers toward tying up cotton on before us, and knowing, as we do, Government loans and thereby re-that for, every man employed for ducing hedge solling pressure, a year on road-making the tax- Opinions are divided. Spot demand payer has been charged with £770, lighter. Basis firm, Silver: The the second suggestion will not find market claxed weak on selling pres a strong following. sure and uncovering of stop loss örders.
'Dew-Jones averages:
When, as the third part of his programme, Sir Arthur suggests mere subsidised house building. he ls on still weaker ground. It would be a disaster of the first magnitude if the beginnings of enterprise noticeable in the build- ing trade were to be arrested by the re-entry upon the market of extravagant local authorities. On thle matter I would refer Sir Arthur to the Book of Wisdom, edited by George A. Birmingham, whief I am so glad to know rests by his bedside. When he renches the appropriate quotation for December 19 he will read: "He that buildeth his house with other that men's money is like one gathereth himself stones for the tomb of his burial"
1939.
BANKS.
THE CHARTERED BANK OF
P & O BANKING INDIA, AUSTRALIA & CHINA. CORPORATION-LTD
Authorian Capital Gubecribed and laid-up Reserve Fund
..6%.050,000 2,804,100
HEAD OFFICE. 17-183, izadenball troet, London, EC. 8.
Ungapore.
·
Incorporated by Noyak, Charter 1558.
READ OFFICE-LONDON.
WEST END DRANCH,"
ALOR STAR ILOILO 14-10, Cockapur Street, London, S.W.I. AMRITSAR DANGKOK NUANCHES-Bombay, Calculis, Callent,!
Hongkong, Madras,
Shanghal HATAVIA BOMBAY Colombo,
Avesele-In all the principal towns of the CALCUTTA
racted. Loane and overdratte granted on approved security. Currens and Fixed Deposit accounts opened. allowed at rates which may be obtained on application.
CANTON
world.
General Exchange and Bantor Builness A
GAWNMORE
ПАНК SAVINGS
50
DEBT. COLOMBO ACOUNT1--Interes! DELNI
HAIPHONG
HONGKONG AND SHANGHAI BANKING CORPORATION,
Authorized Capitel
Issued and Paily Peld-up
Aero Funds -
.£3,000,000
• Bierllax Hliver
$50,000,000 20,000,000
# 5,300,000 110,000,000
8,000,000 Reasts Liability of Proprietarn $20,900,900.
SINGAPORE DITIAWAN
· TEAD-OFFICE:=TONGKONG,
HOAND OF
DIRECTORS.
T. B. Pearoo, Fa
Chairman,
T... R. Blaw. Eac
Deputy Chairman,
J. K. Boufeld, Esq., C. Miskin, Kagi, A. E. Compton, Eig. Hon. Mr. J. J.
9. 11. Dodwill, Erg..
Mackle
Paterson.
J. A. Flammer, Kata
L. N. MURFIY. Ex... ACTING CHIEF MANAGER
189,000
Pald-up Capits) ̧.. Ieserve Fund
Reserve Liability of Propelatori v... 8,000.000
AGENCIES AND BRANCHES
BAIGON
IPOJE КАПАСНІ
BEMARANG
BEREMBAN
KLANO
BHANGHAL
*KODE
KUALA
LUMPUR KUCHING
BOURADAYA
TAIPING
MADRAS MANILA MEDAN
TIENTSIN
TONGKAH
(Phuket) TSINGTAO YOKOHAMA
ZAMBOANGA
AMOY BANGKOK
BATAVIA
Foreign Exchange and General and flunk,
CANTON Ing business transacted,
OKEFOO Current Accouple
and opened
**ized Depoalla received for one year or shorter COLOMBO porkids at rates which will be quoted on DAILEN spplication.
OALCUTTA
MUKDEN
NEW YORK
PEIRING
A. DREARLEY,
Manager. Hongkong, 17th November, 1932.!
FODONOW
HAIPHONG
HAMBURG
HANKOW
HARBIN
THE YOKOHAMA SPECIE BANK, LIMITED.
HONGKEW ILOILO
NEW YORK PEIPING
(ing)
PENANG
11ONOKONG RANGOON
HAMINIRO TRAVELLERS' LETTERS OF CREDIT and
HANKOW TRAVELLERS CHEQUAD ieved.
PABSENGERS LETTER OF CREDIT for HARDIN use only on board P. & G. and B. Homs Line tenuers, and at Forts of Call,
Drillah Income Tax Recovered. Executorships and' Trusteeships undertaken.]
W, J. WADDINGTON,
Hanager.
THE BANK OF EAST ASIA, LIMITED.
Hend Oleo: Hong Kong No. 12 Des Voeux Road, Central. Established: 1918 Authorised Capital ... $10,000,000.00 Tak-Up Capital 12.000,00 Capital (fully bald up) X 108.000.000 KODE Reserve and Undivided Profits...
BOARD OF DIRECTONS:-** Sie Shouson Chow, Chairman. Li Koun Chun. Ee.
P. K, Kwok, Esq.
Wong Yuo Tong, Eng. Chan Ching Bhek, Eng.
Li Lan Bang, Yas
Pun Yu Ghe, Ed Wong Chu Son, Ean.
Kan Ying Fo. Eau.
Kan, Tong Po, Seg.. Chief Manager, LI Tre Fong. Eis., Manager.
Correspondente in all the principal clues of the world,
Every description óf Banking and Exchange
Lulness transacted. Loans grasted on ap proved securities,
Safe Deposit Boxes To Lah
KAN TONG FO. Uhiel Manager.
TEST OF POLICY.
Paris, Oct. 10. M. Daladier's speech at Vichy to-day opens up the prospect of furious encountors between the Government and the Opposition when Parliament reassembles October 17.
031
Reserve Food
trot JOHORE
....Y 121,560,000 KOWLOON
READ OFFICE:-YOKOHAMA. Branches and Aganeles et Alexandrin Honolulu
Dataria Darlin
Bombay
Karachi
Kol
Colufts
London
Canton
Changchun
Los Angeles
Manila
Dalren (Dalny) Nagsarki Fengtian
Naroya
(Mukden) Newchwang
Hamburg
Ilankow
Hongkong
Hurtta
Rangoon
To do
Janeiro
Ban Francisco
Beattin Besarang Bydney
Bourabaya
.
New York
Shanghai Shimonosek Singapore
Donka
Tokyo
Tientsin
Pelping
Tsingtao
Parks
Interest allowed on Corrent Arconnic Deposit received for fixed periods në rates to be obtained on application.
H. MORI,
Mansger, Flongkong. 11th March, 1988.
THE MERCANTILE BANK OF INDIA LIMITED.
Read Offers-18. Gracechurch Street, Londen, E.C. a. Authorised Capital
Subscribed Capital Paid-up Capital
BRANCHES
KUALA LUMPUR
LONDON
LYONS MALACOA
MANILA
MUAR (JOHONE)
PENANO RANGOON
SAIGON
BAN FRANCISCO, BHANGHAI SINGAPORE GOURABAYA
SUNGE! PATANI, . TIENTSIN TOKYO YOKOHAMA
Current Accounts opened in Local Currency And Fixed Deposits roostred for one year or shorter zerlode in Local Currency and Sterlink on terms which will be quoted, on Apolleations.
Hongkong, 28th April, 1900,
HONGKONG SAVINGS BANK/
The Buains of the above Bank is con- ducted by the 'HONGKONG AND BHANG. HAI BANKING CORPORATION. Rules may be obtained on application.
FOR THE. HONGKONG AND SHANGILAT BANKING CORPORATION,
L... K. MURPHY, Acting Colat Manager.
Hongkook. 25th April, 1938.
THE BANK OF CANTON,“ LIMITED.
ESTABLISHED 1912,
Authorised Capital Paid-up Capita} ..$1,000.000 Steuerve Fund
100,000
1,030,000
30 Industriais
Oct. 99.72
Oct. 10
08.77
20 Rails ..
42,08
42,67
20 Utilitien
24,48
28.78
40 Bonils
84.21
.84.82
Alaska
Juneau
Mining Co.
2416
24
Allied Chemical &
Dr
142%
140
American Can
95%
93%
American & Foreign
Power
9%
10%
Amer, & For. Pow.
20
American Metal'..
19
American Smelting 44% Amerlenn Tol. & Tel. 121
21 184 427% 119%
American Tobacco
'D' American
80%
86
Water-
works
23%
2431
Anaconda Copper.
16%
15%
X
Atlas Corporation Auburn Automobile 40%
12%
18
Johns Manville .... 40
604
Baltimore & Ohio..
28%
Kennecott Copper . 271
220k
57% 21
Bethlehem Steel..
35%
34%
Borden Company ..
244
22%
Liggett & Myers 'B'
Lehninn Corporation Ung
691⁄4
7
97
Borg Warner
10
10
Lorillard P.
21
21
Canadian Pacie
McIntyre Porcupine
Railway
134
13%
Mines Ltd
41%
40%
NEW TIES
Case, J.L............ 70%
004
Chase National Bank 22
23%
National City Bank 24%
Montgomery Ward 21%
20
24%
Chesapeake Cor-
National Distillers 104
1024
poration ......
3014
39%
New York Central.
40%
39%
Chrysler Corporation 4514
North American
45
Columbia Gos
Company
20
20%
Electric
144%
Owens-Illinole Ginя 82
BO
10%
Consolidated Gas of
Paclic Gna.
New York
Electric
43%
435%
Continental Oil
18
17
Pennsylvania Rail.
...... 21
21%
Corn Products
road
30%
8914
887%
Douglas Aircraft ..
144
14%
Phillips Petroleum
16%
30% 18
Du Pont de Nemours
78%
78
Reynolds
Tobacco
Eastman Kodak
GO
50%
78
78
Electric
Share
ectric Bond &
Sears Roebuck
-42%
414
Shell Union
814
8
10K
General Electrie
2014
20%
Southern California-
General Foods
30%
Edinor:
10%
19%
30
General Motors
30%
30
Socony -
-Vacuum
General
Railway
Corporation
12%
12
Signal
Unq.
35
Standard Gas &
Union Pacific
114
112
Gold Dust
Electric
11%
12
United Aircraft &
20%
20%
Standard Oil Co. of
Goodyear Tyro &
Trans..
33
33
43%
413
United Gon Im-
Interest allowed in Carrent Accounts and Fixed Deponits at Fates that may be sever lained on application.
J. D. ROSS,
Rubber
36
34%
International
Sterling Products
provement
174
17
Cement
Inc.
59
Ung.
U.S. Rubber
17
10%
294
203%
International Har-
Studebaker Corpora
tion
U.S. Steel
48
47%
存越
5%
Univerani Loa:
vestere
39%
International Nickel 20%
38 -20%
International Toi,
Tel.
134
13% -
Texas Corporation. 274
Texas Gulf Sulphur 39
Union Carbide &
Carbon
20
Tobacco...
45
Ung.
38%
Westinghouse E. &
M.
38
37%
15
40%
Woolworth
40%
ALL IN ACCORDANCE WITH FASHION
THE MAYFAIR Co.
OPPOSITE KING'S THEATRE.
If the Government survives the debate on its financial policy, dur- ing the first week of the session, it will be heavily attacked on diaarmament policy,
Reserve Fund and test
BANKERS.
1,246.756
its The Bank of England & Muliana Bank, Ltd.
Delhi
Ipok Kuanian Kandy
BRANCHES →→
Madrax
New York
I'GRADE
Itangoon
Bhanghai
Simla
Karachi
Kuta Bharu Kuala Lipla
The Opposition alleges that the Government has agreed to reduce Bangkok Bombay French man-power during, instead Calcutta of after, the period of control, thus Colombo undermining French security and daile alienating her allies. Poland and Hongkong the Little Entente.
The Government's fate is de- pendant on the support of the Loft business trateacted. Party-Reiter.
Howrah
Kuala Lumpur Singapor
HONGKONG BRANGB,
Every description of Banking and Exchange
Traveller' Cheques lasted.
TRUSTER AND EXECUTORSHIP
UNDERTAKEN.
Manart.
RANCHES:-'
411,000,000.
8,155,000 -1,150,000
Bwalow.
Canton, Shanghai.". Hankow, Unnakok, New York and Ban Fran cisco,
LONDON BRANCHES :---
The Lloyd's Rank. Limited, Correspondents fa al the principal citie of the world
Foreign Exchange and Banking business of overy, description transacted,
Eafe Depot Bates (varlour #İzol) aƐ m yearly rental from $5 to $40. ̧ ̧
LOOK POONG BILAN.
Chlef Manager.
MASSAGE.
Mr. & Mrs, Y. Mori, Holder of Japancio Government Licence.
►
Cures Spradled Ankles and Wrist, Recommended for many
local Hospitale and Destant 4. Wyndham Streat (1st floori..
Tel. No. 76051.
Behind the CONTINENTAL FLYER stands one of the finest engines ever made!
The BEACON Axeu sandand indem-cestnut
TNACE Ataney"!!!
al a vedernable priet
The most vital part of any automobile is its engine. And when you buy a 'CONTINENTAL Flyer, you are buying the product of an engine-specialist of 30 years' standing-with the experience gained from building the famous Red Scal engines guaranteeing the mechani cal excellence of your car.
The Flyer will be a revelacion to you. Never" have you hoped for such besary, comfort and' expensive features at so modest a price. Here, are just a few quick facts; timo-provód 6-cyl- inder Red Seal engine, mounted at 3 poises In live rubber; double cantilever rear springs, 21% les unspring weight; four-wheel-toel- draulle beskes; four hydraulic shock shaors- ers; safety all-speel bodies, and safety glans windshield; rich upholstery and fittings; 20
to 25 miles to the gallon and WINGED POWER, Continental's, exdusive scenation of smoodiness!
See the Flyer. Ride in it. Only then
can you realize how vastly superior it
is to cars of comparable price.
THE ASIATIC MOTOR CAR CO., LTD. Show-room & Servico Station
439-445, Hennessy Road-Tel. 27452 HONČKONG.
ontinental SER Automobiles
SEAL
Carlsberg
BEERS
PILSENER AND LAGER
TAKE THE LEAD
IN ALL THE WORLD'S MARKETS.
CENTURY'S REPUTATION.
PACKED IN CASES OF 8 DOZEN. PINTS.
Obtainable at all leading Compradores and Stores.
* Distributors :----
TY SHING COMPANY
108, Queen's Road Central.
DISTANCE NO OBJECTION!
Breakfast table necessities may now be ordered the day before and delivered to our customers' residences throughout the following districts, arriving approximately at the times stated:
SHEK-O
STANLEY
7.35 a.m.
6.45 a.m.
REPULSE BAY
6.30 a.m.
SHOU SON HILL ROAD
6,15 a.m.
DEEP WATER BAY
6.15 a.m.
6.15 a.m.
POKFULAM
Your "Morning Post" will also arrive in time for breakfast if you book your subscription through us, the cost being $3.00 per month,
IN ADDITION to the above, special afternoon deliveries will be made leaving our Main Store at 5 p.m. each day. By these deliveries we will also send the final edition of the "Tolegraph" if you so desire.
WHETHER YOUR PURCHASES ARE SMALL OR LARGE, YOU ARE NOW ASSURED OF EARLY DELIVERY, NO MATTER WHERE YOU RESIDE..
LANE, CRAWFORD, LTD Organised to Suit Your Convenience.