THE HONGKONG. TELEGRAPII THURSDAY, NOVEMBER
PROGRESS ON NEW SHAUKIWAN ROAD
EARLY COMPLETION
HOPED FOR
BIG ENGINEERING WORK ON THE PRESENT STAGE
HIGH RETAINING WALLS
end.
From time to time official reference is made to the new 100 ft. road being constructed between Shaukiwan and Causeway Bay, so much so that the community, and particularly, the motoring section of it, who have been led to expect an early fulfilment of the promise, have been inclined to chafe at the seeming delay before a new channel of traffic is opened up which will obviate the present difficult and somewhat dangerous journey in the bottle-neck passing through Whitfield.
ECONOMY CHANGES.
WOY
PLAIN LIVING AND
"PLAIN LIVING AND UNITED STATES TO
HIGH THINKING”?
Dean Inge Urges Return
to Seriousness
BEGIN GOLD PURCHASES
1933
BUSINESS INJURED BY BEGGARS
COTTON CONTROL
COMMITTEE
TO BUY UP OLD STOCKS
Shanghai, Now 2.4
CUSTOMERS PESTERED ON ENTERING SINCERE'S
Customers being molested by beggars at the entrance of the atore, caused the Sincere Company to communicate with the Police. This resulted in ur went on aning work in carnest. This resulted in the arrest of two widow aged 76 years.
SHIPPING LOOKS UP
BRITISH PORT FIGURES
Tha Cotton Control Committed, branch organisation of the Na- tional Economic Council, is begin- BIG IMPROVEMENT
NOTED
London, Nov. 1.
(Continued from Page 1); are now only slightly more than one per cent. of the total. The
It has asked Chinese banking "I do not think that Anglo-deposits totalling G$17,028,441,000 Blur the Control Police Cotton Turn by buying the laid-up. A further sign of tho-trado
15,048 banks that are open have
circles for a loan of $4,000,000 for Both appeared before Catholicism, in its extreme he said.
Mr. the purpose of raising the price of will have a great futuro," declared
Court this mornink, when the stocks of Chinese-owned cotton revival in Britain is afforded in Dean Ingo, speaking at a luncheon- Efforts are also being made to youth, who stated he had returned mills.
the shipping movements record- hour service at St. Martin-in-the-assist the state banks in re-opon- frem Fukien, was fined $5 or soven Flelda.
The committeo la sending experts fed at United Kingdom ports ing so that their deposits may badaya,, and the widow was caution- retenued by Christmas.
to survey cotton. industry cond! [during September.. tions in various provinces pre- Sub-Inspector Smith stated that | Himinary to improvement efforts,— The Comptrolled added that, out
that the Geutral News. of a total of 8,500 banks that are Sinceres complained "I know that in London we get not members of the Federal Reggars pestering customers at the Anglo Catholicism out of focus. serve system, more than 3,000 ad entrance was bad for business. it looms very large to us here and applied for membership in the cor- but I think the whole theory is after January 1-United Press. in one or two South Coast resorts, poration that will insure deposits vitiated by serious contradictions.
Roman Catholicism, l'imagine, will have a long life, because it has adapted itself well to the tastes of the people.
ed.
SHANGHAI
Board of Trade statistics 'show that the not tonnage of vernols arriving in foreign trade during September with cargo showed an SHARES increase of 0.4 per cent. as com
pared with the corresponding month of last year, while the de- parture with cargo were of 3.6
"flop" - and that ultimately Pre-| sident Ruusevelt will come to the LATEST QUOTATIONS. printing press; in other words, ↑ Inflation of the dollar.
per cont. greater tonnage. CREDIT EXPANSION,
Washington, Oct, 29, The Administration intends to
8.ct.
Messrs. Carroll Bros., have just On the other hand, Mr. Edwin received the following cabled quota- Seligman, noted economist, statos tions of Shanghai Shores:→→ gation are groundless, as the International Investments that the fears of uncontrolled In- newly-found liquor revenue alone Cathay Lands will wipe out the national deficit. Yangtze Finances National Industrial Revery Ad-shai Lands
Mr. Sellgnian asserts that the International Assurances
China Realties ministration's "socialised indivi-
S'hal dualism" has come to stay-Reu S'hai and Hongkew
BANKERS BEWILDERED,
ter.
Docks
S'hai Electrics Ewo Cottons S'hai Cottons
Arrivals in ballast were 3.0 por cent, and departures 9.0 per cent. greater.
10.00 Consting trade arrivals and de- 16.25 parturos, with cargo, rose by 5.7 11.00 and 5.5 por cont. respectively and 0.10 ballast movements were 9.1 and .15.26 9.7 por cont. heavier respectively. In the third quarter of 1833, 348,00 foreign. trade shows an increase Wharves 300.00 of 4.6 per cent. in cargo entrances
The School Concert of the
31,50
18.00
48.50 and about three per cont. in cargo clearancen as compared with the 13.50 September quarter of 1932- 18.76 British Wireleas
112.00
4.60
0.05
Com.
the
BRAGANZA AFFAIR
SEQUEL TO DEATH OF OFFICER
"I cannot imagine that we shall go back 400 years and grovel be- fore an Italian priest."
was necessary for the Church continue its credit expansion plan of England, he added, to give the until it reaches the original goal Lately, however, substantial along which the trams run, will people a more intimate sense of of ten thousand million dollara, a progress has been achieved in the considerably cut down the journey, the Spiritual Presence than they official said to-day. This action, constraction of the road, this bo
had done. It was right that our is to be continued despite the fact Ing chiefly ovidenced by the apon-
HIGH WALLS.
religion should be of the English that, so far, the plan has falled to ing up of part of the new alongside Fortress Hill, and simi-will be carried behind the oli he had been speaking was of an level of commodity prices.
An interesting detail is that it type. The other Church of which help materially in raising the lar work being undertaken simul- tanks, the principle behind the exotic type. taneously at the Causeway Bay construction being that as much Poople, he said, should revive When the gold purchase plan width as the rond needs will have the high thinking and plain living was announced, many financiers The road was first mooted ten to be taken at the cost of the hill of some of the earlier Christiane, expected that the credit expansion years ago, in conjunction with the whose rocky mass in parts towers and not give all their time to efforts would slow down. This
London, Nov. 1. Zoong Sing Cottons British Lankers remain bewil-ghal Explorations
Langkats** scheme of a double tracked tram sheer above the houses. It follows frivolous thought and amusement. view was seemingly confrmed service, but it appears to have been therefore that high retaining walls
when it was learned that the purdered by President Roosevelt's Shal Loans modified in certain technical de-have figured largely in the diflcult
chase of Federal bonda had de gold policy and frankly confess tails from time to time, and shelved construction work, rising to as stood, a contractor in allowed to clined last week. The Federal their inability to discover the until it was felt that as an Impor.much as 150 ft. above the new draw for as much as he requires Reservo Banks had been pur price. They conclude that the mercial. Institute, will be held on
basis for the xing of the gold tant piece of general development road.
of his stone supplies, free of cost; chasing around work, it could no longer be delay-
A recent Council vote was made and at the other end, a second con-weekly but a decline of G.$10,000,- G.$35,000,000
price is determined arbitrarily.
Saturday at 7 pm sharp in for the speeding up of the work, tractor is by agreement bound to 000 was recorded on Saturday. ed.
but this appears at the moment to completo his job before April of
It is contended that if the policy certificates of the Institute of Book- Y.M.C.A. Hall; when and where the be largely ineffective swing to a next year.
of the American administration keepers, London, and special prizes The official asserted to-day that even slightly shakes the faith of will be distributed by Dr. S. F. Lam difficulty connected with the Crown
Lisbon, Oct. 27: the Administration felt that the the world in gold standard cur-Ph.D., A.I.B.
Troops to-day quelled a rovolt credit expansion programmerencies, it will have the opposite
in Braganza, in north-eastern When the road is completed, it should supplement the gold policy. rosult of President Roosevelt's
Portugal where the 10th Infantry is hoped sometime next year, an The two programmes will be intentions, for it must encourage entirely new region will have been carried out in conjunction, it was a flight from the franc to the
The RMS. "Empress of Fassia" ateempted to rebel after a sergeant opened up which should lead to said, and the amount of weekly dollar and raise the value of the land is due at Hongkong November 0.
leaves Yokohama to-night at 8.69 p..had killed an officer,
The trouble was of purely local ft. throughout to Causeway Bay, It is understood that a Covenant further extensive development, hond purchases and other credit latter.-Reuter,
nature. but reasons more concerned rein these leases has required the Already several up-to-date antexpansion, movements may in- cently with economy, it is under- holders to undertake a sliare in the tenements have been built in line crease or decline as the occasion stood, than with engineering, have construction of the new road. This with It on the north side, and na requires. United Press. since called for some modification, we are told, they have delayed do- it will serve as a main artery and at two or three points. theiing, and It is understood that re- with a double tram track, the width will be somewhat less than [minders liave been sent in this con- value of these and other adjoining expected. This particularly np-nexion..
properties should correspondingly
New York, Nov. 1. To-day's market was very dull. plies to the last quarter-mile sce- On the other hand, as far as rise also.
Ultimately, the road will be in evidence as has been the case Rumours and cross rumours were tion to Causeway Bay, where the necessary preliminary work is new artery will have to be blasted | concerned a great deal has been joined up with the Causeway Bay for some time, particularly during ! through eolid rock.
Inchieved as can be witnessed at Road when it will have been con- The road hereabouts will be con-both ends where progress as re-tinued to the 100 ft. Hennessy the last two yeeks. Wheat sold ducted behind Immovable property presented by thousands of cubic Road through Wanchai. The clear off on the rumour that trading in owned by the Hongkong Electric feet of rock and earth removed, ing of the slum area between Lee the grain markets was to be Company, the Asiatic Petroleum must have been considerable, Gardens and Caroline Road re-restricted by the government to Company and a number of private while difficult. At one end, the contly alluded to in Council has prevent harmful speculation. proprietors, and while not quite road appears as a massive stone in some measure been planned in Although this rumour was parallel with the present road quarry upon which it is undor-jconjunction with this rond.
By widening the existing Shau-Jenees appertaining to property kiwam Road made possible by the owned by certain private proprie reclamation already carried out tore. and cutting into the hillside, it was the original Intention to maintain the desired uniform width of a 100!
ROAD COVENANT.
COMPLETION NEXT YEAR.
DONT TAKE RISKS/
Smoke CAPSTAN
CIGARETTES, COOLER.SWEETER. BETER
DULL MARKET.
later
denied Whent closed the session of 2-3/4 cents. -----
The leadership of silver is be coming more and more apparent and strength in this commodity brought the stock market back. Most industriale and rails 'clossil at slightly higher levole. Utilities were off fractionally.
SILVER TALK..
Phare is some talk of foreign and domestic purchases of silver 30 that the dollar may be further depressed in, the international exchange market. Some feel that this may have some bearing on the diffeulties which the announced policy of foreign gold purchases has met and is meeting from abroad.
Business news was hardly en-. couraging. Stoel production stood at 26.1% off 5% while it appears jas if the year's low in automobilo production would be reached some- time this month.
Reports were abroad that pro gress had been made in the nettle- ment of the war debt problem with Britain. This is considered very encouraging.
Por Sivan, Culbertson & Fritz.
BRITAIN'S NEUTRALITY:
Л
New York, Nov. 1. According to Washington cor- respondents of daily papora herp, the Administration expects that Great Britain will assume neutral policy as long as the United States gives an indartak Ing of "courteous and restrained operations" in its gold purchasing campaign. Such purchases as áre mada abroad, it would com in this light, will be in. the nature of "token" contracts, made to in fluence the price of the dollar but not to affect the world's bullion market.
It is authoritatively stated that no definite advances have na yot boon made to London, though the matter is bound to be broaction almost immediately,
The New York Times Washing- ton correspondent draws attention to the algaleant unrest of the Republicans.
He states that all Pro sident Roosevelt's "sound money!! advisers agree that the new ont vonture will not bo abandoned without trin. But they oro convinced that itsvill
at 8.00 a.m,
KINGS THEATRE
THE
THEATRE
AIR - CONDITIONED SHOWING TO-DAY
A DOUBLE ATTRACTIONĮ
DOROTHY JORDAN
ON THE SCREEN
CONDEMN ME IF YOU WILL-PITY ME YOU MUST
more sinned against than sinning -derided, condemned, branded for life because I don't know the rules of life's ruthless game,
BONDAGE
with
FOX
ALEXANDER KIRKLAND
ON THE STAGE
At 5.15, 7.15 and 0.30 p.m. only.
A COMPLETE CHANGE OF PROGRAMME
"THE
MIDNIGHT FOLLIES"
OF 1933––
#with+15 Artl′′të
MODERN SINGING DANCING REVUE