KINGS
FINAL SHOWINGS TO-DAY
AT 2.30, 5.00, 7.20 & 9.40 P.M.
METRO-COLDWYN-MAYER prosents
NORMA SHEARER
in
LESLIE HOWARD
"ROMEO AND JULIET"
by William Shakespeare
with JOHN BARRYMORE
EDNA MAY OLIVER BASIL RATHBONE C. AUBREY SMITH - ANDY DEVINE - RALPH FORBES REGINALD DENNY - CONWAY TEARLE
Directed by George Cukor
The greatest romance over to bo spread before the eyes of those who loya to laugh, lova to sigh, love to cry, love to lova..
TO-MORROW Warner Bros.
Picture
At Incroased Prices.
JOE E BROWN as Alexander Botta in "EARTHWORM TRACTORS"
QUEENS
DAILY AT 230-5′13 ·7·20 &9:30 ·TEL.31453
SHOWING TO-DAY
THE HONGKONG TELEGRAPH. WEDNESDAY, DECEMBER
PREPARED TO GUARD STERLING
BANK OF ENGLAND'S TACTICAL MOVE
CITY CIRCLES CONFOUNDED
London, Dec, 15: The City has been confounded by the Bank of England's large gold purchases, suddenly execut ed, amounting to £65,000,000, from the Equalisation Fund. And financial circles have been startled by the simultaneous reduction of the fiduciary note issuo by £60,000,000.
the
the
RUBBER
OUTPUT TO RISE
RESTRICTIONS ARE MUCH REDUCED.
CONSUMPTION
IS STRONG
London, Dec. 15.
The International Rubber Restric-
PREDICTS
BETTER BUSINESS
NOTED ECONOMIST STATES VIEWS
BUT SAVANTS DON'T AGREE
Cleveland, Dec. 15.
Mr. Leonard Porter Ayres, tion Committee's announcement of a politicat economist, predicts 25 per cent quota for the Arst quar- better business in 1937. He ter of 1937 and an 80 per cent, quota for the following three months, has atates that, despite world unrest been accorded about the quietest re- and the threat of labour ception ever experienced in the Lon- don rubber market, where prices difficulties, "we are at present subsequently eased slightly and then well along in the process of re- steadied up.
covery, and the rest of the world is still further along."
It is generally considered that what strength the market gained on the 75 per cent. January-March Mr. Ayres predicts that the auto- roundabout, it about lost on the 30 motive ladustries will hold the per cent. April-June swings Con- leadership in 1937, and that there sequently it is difficult to take up would be slight increases in whole. any particular view on the future sale and retail commodity prices, as
of the market, which is ex-well as in the cost of living. "It course pected to remain steady for some unlikely that inflation will develop little time.
In this country in 1937,”. he added. Inflation does not develop in depres- sions, and, despite all the recovery we have made, there is still a de- pression."-United Press,
From a host of diverse opinions emerges the majority view that the action indicates the British authori- lles' belief that such pressure on sterling as may be experienced by the withdrawal of French funds and
resumption of the out How of
to Wall Street, could Fund's remaining vast gold holdings. It is. pointed out that a time when the underlying
trend
of sterling is Arm is the most opportune for re- establishing the Fund's freedom of action, as after disposing of some of Ils gold holdings the Fund is better
BOA equipped of sterling
to arrest the undesirable
boy the Equall pe
Questioned in this connection In the House of Commons, Mr. Neville Chamberinin, Chancellor of the Ex- chequer, simply stated it had been decided to increase temporarily the gold held in the issue department of the Bank of England by £68,000,000.
at 2.30, 5.15 & 7.15 ONLY Such a step, by Itself, would mean a
THE BIG FEATURE SENSATION,
BUSTER CRABBE
FLASH GORDON
JEAN ROGERS
AMAZING STRANGE WORLD ADVENTURES!
LINIYE KUAL
TO-NIGHT at 9.15 p.m.
very sharp expansion of the credit basis which won at present unjusti- fied, he said. Therefore, the fiduci pry issue had been reduced by
£60,000,000.-Reuter.
BRITISH LOAN POLICY
London, Dec. 15. His
Majesty's Government has coustantly in mind the dealrability of securing removal of restrictions on foreign trade and of restrictions upon the movements of
Though the decision of the control committee releases about 38,000 tons in the first quarter and 55,000 in the #ecand quarter more than at present, it is
generally held
that consumption is running so well, especially in the United States, that it is unlikely to be overtaken by production.
Nevertheless, the decision probably means the appearance of campilca- tions while spot commodity is 30 tightly held-euter.
QUEEN IMPROVING
IN HEALTH
London, Dec. 16,
It is officially stated that the influenza from which the queen. Is
interfere with foreign total which suffering is taking its usual course.
declared the Chancellor of the Exchequer in the House of Commons to-day.
He added figures of the United Kingdom Imports abowod there were fewer restrictions on tra
trade with this country than chewhere.
Answering a supplementary ques- tlon suggesting that terms of
or re
ference of foreign transactions of the Advisory Committee recently set up to give guidance on foreign lending should be made dexible, Mr. Cham- berlain said he thought the terms were very flexible,. The embargo on lending to foreign countries did not apply where loans had a direct in- fluence on increasing British Export
THE HONG KONG PHILHARMONIC SOCIETY Trade, he said-British Wireless.
will produce
"THE MAID OF THE MOUNTAINS”.
4 SHOWS
DAILY 230-6.20 7.20-930
PRICES: $3.30, $2.20, $1.10
MAJESTIC
THEATRE
NATHAN ROAD KOWLOON
TEL 57272
MATINEES: 20..-30.o EVENINGS, 20..-30ť: 50:70 TO-DAY, ONE DAY ONLY!
AN "OLD FAVOURITE" OF YOUR YOUNGEST FAVOURITE !
THE MOST DANGEROUS WOMAN ON BROADWAY! ... wrecking men with a smile!
ON
DAM RUNYON'S
preet human alory of the shadows of its Greal White Way
Little MISS MARKER
A Paramount Picture with
ADOLPHE MENJOU - DOROTHY DELL
CHARLES BICHFORD - SHIRLEY TEMPLE
TO-MORROW, ONE DAY ONLY
By SPECIAL REQUEST !
JEANETTE- MACDONALD
NELSON EDDY in "ROSE-MARIE"
An M-G-M SUPER PRODUCTION !
P.L AFFAIRS DIVISION
BUREAU CREATED.
IN WASHINGTON..
[lions of American-Philippine rela- tions arising as a result of the In- (dependence Act, including commerce, economics and the foreign relations of the islands.
It is anticipated that Mr. Jacobs will work closely with the Resident Commissioner and the Bureau of In- sular Affairs-United Press.
Washington, Dec. 15..
KING TO KEEP STABLE Acting-Secretary of State Moore nnnounced to-day the creation of a special division to handle Philippine
London, Dec. 15. alfairs, headed by Mr. Joseph E. His Majesty the King will: con- Jacobs, veteran foreign service off-tinue to maintain a racing establish- cial with long experience in the Farment stud on the same lines as his father, and he will similarly keep up, East, Barilcularly China.
Co-operating with the Division for as far as possible, Balmoral and Far Eastern Affairs, the new division Sandringham-Reuter Bulletin Ser- will bring under one head all ques- | vico.
*Printed and Published for the Proprietors by FREDERICK PERCY: FRANKLIN,, at 1 and 8, Wyndham Street in the City of Victoria Hongkongp
AMERICAN PEACE PARLEY
DRAFT CONVENTION SIGNED
EIGHT POINTS ANNOUNCED
Buenos Aires, Dec. 15. Delegates of the American re- pubiles to-day signed the final draft of their co-ordinated neutrality pro ject, and prepared for its presentation to the plenary session of the Peace Conference, probably on Friday or Saturday,
Argentine aigned with reservations,
retaining the right to extend credit
ond feed belligerents' elvillans,
Colombia made a reservation regard-
Ing the definition of an aggressor.
The articles as drafted are:
1. Reafirmation of obligations under present American treaties;
2. Provision for consultation;
3. Provision, in the event of signa- torles being convinced of the threat of war, that Articles 1 and 2 stall apply:
4. Provision for disputants to seek settlement under treniles;
In war signatories
governed by treatles;
shall be
6. Reaffirmation of the polley of neutrality in the event of hostilities preventing the export of arme;
7. Provision that the convention should not affect the rights and duties of members of the League of Nations, 9. The convention to remain in force Indefinitely, renunciation be- coming effectivé a year after de- nunciation-United Presa. "
Gangster and
:
"Moll" Fight Police Army
Her Majesty is making good progress towards recovery.
According to present arrangements the King and Queen and the young Princesses will go next week to Sandringham, where Queen Mary, the Duke and Duchess of Gloucester and other members of the Royal Family will join them for Christmas,
is understood to be His Majesty's Intention that, as far as possible,
| Balmoral and Sandringham shall be kept up in the same way as during his father's reign.
The King will maintain the royal racing establishment and breeding stud of his father's time.-British Wireless,
CONSIDER PORT FOR TELAVIV
CONTROLLED INFLATION Professor Irving Fisher, political economist of Yale University, inter- viewed by United Press, stated: "The stage is now set for a boom and inflation" in the United States. He urged that the Federal Reserve Board be granted greater powers to control the situation, saying the law creating the Board should be altered to permit of the raising of reserve requirements to an unlimited extent.
Mr. Fisher said inflation is possible in the United States, but added that "the stage is set for the control of such tendencies." 11e cald Ube Board could control a boom or in- Ballon, Arstly, by selling boads or other
assets, and by withdrawing money or credit from circulation: secondly, by raising the re-discount rates; thirdly, by raising the reserve
requirements from member banks.— United Press.
GERMANS SUPPORT MOORS
IN FIERCE FIGHT:
IN SPAIN
BUT LOYALIST LINES HOLD
London, Dec. 15.
A flerce battle, which lasted over
five hours, is reported to-day from
16, 1936.
ALHAMBRA
MANHAND MISIUNLOCKEDANY AT FORMATION MEDIUM ITXT)
LAST TIMES TO-DAY
YOU MET THEM MERRILY IN "EDUCATING FATHER" AND "EVERY SATUR DAY NIGHT"... New join their spree.
The Tones
Family
burns up the high-
way in an oute trailer, in their bact
picture!
BACK
Paramount Pictura
DAILY
TO-MORROW
DIXIE DUNIAS TONY MALTEJ SPRING SYINGTON
KENNETH MONVILL GEORGI ERIMIST" "TUNE CALLSON
· ·FLORENCE ROBITS
TLY MARAN Đ
"THREE CHEERS. FOR`LOVÉ“ with Eleanore Whitney - Robert Cummings
HANKOW ROAD KOWLOON
ISTARE
520
57795
.TO-DAY AND TO-MORROW.
UNITED FATISTA
„& Brush & Dominiene Production, directed bf fich Hopwood -
SYDNEY
HOWARD
in
Where's
George
FRIDAY & SATURDAY
with JANE' WITHERS
the Boadilla del Monte sector, south-PADDY O'DAY ́ ́ PINKY TOMLIN - RITA CANSINO.
west of Madrid.
London, Dec. 15. Asked whether the Government proposed to take steps to provide a
As a result, over 200 dead, besides harbour for Telaviv, in Palestine, the many wounded. were. left in the Colonial Secretary Mr. William Goverment lines. Commons to-day that the question Ormsby-Gore, told the House of
The attack was
еле
of three
in the
was being considered by the Gov-launched by the insurgents ernment in consultation with the Boadilla sector, High Commissioner of Palestine.
At present, he said, he was unable to make a statement--Reuter.
H.M.S. Bruce left
inter
tite
Moroccan troops, with German cantingents which recently arrived, carried out the attacks, supported by aircraft and a number of tanks.
It is claimed that the loyalists re- morning on her way Home for repulsed the attacks in every instance, At and re-commission,
inflicting heavy losses.-Reuter.
· 1.30–8 15
7.($-1.30
TAKE ANY THAN ON MANY VALKAN BAUD
ORIENTAL
FLERING
#OAD € WAROHAJ
TEL. 047a
LAST 4 TIMES •TO-DAY
FEMALE LAWYERS OUT-SMART THE LAW ! They hoodwink the jury and from the gangsters.
A story filled with romance, comedy and excitement.
SPECIAL I
THE
LAW
IN HER
Thostory Behind the Headlines About That Notorious Woman Lawyeri
Jl Two) Pradana Fleure van
Margaret LINDSAY
GLENDA FARRELL LYLE TALBOT
HANDS WARREN HULL
- DICK PURCELL VAL SHEAN
TO-MORROW 1 DAY ONLY THE WORLD'S GREATEST COMIC In his very latest and funniest of all, his pictures.
CHARLIE
HAPLIN
La Modern Times
New York, Doc, 15. engaged in a gun battle with a gang- Thirty "G-men" and 150 police and exclusive, nou on the famous, FRI.
Riverside Drive to
SAT. and
day.
Over 100 shots were fired eventually the
THE GHOST GOES WEST
gangster and his • MATINEES: 20c.-30ɛ ❤ EVENINGS: 20c.-30c. -50c, -70c.
woman companion, were - wounded and finally arrested-Reuler Special..
20TH-CENTURY-FOX PICTURE
CENTRAL
QUEEN'S
ROAD
CENTRAL:
CAR
PARK-JERVOIS STREET
Take No. 4 or 5 Bus going west, 3 min. from stop opposite Queen's Theatre
COMMENCING TO-DAY
(UNDER NEW MANAGEMENT)
Daily at 2.30, 5.15. 7.20 & 9.30 p.m. ·
AT THE MOST POPULAR PRICES
ERROL
FLYNN
Waenti Erst present
Warner.
Brothers'
Million-Dollar
Production
CAPTAIN BLOOD
PRICES: Matineos: 20c. 30c.: Evenings: 35c. 55c. 80c
SERVICEMEN: 40 cts. to. Dross Circle.
Noxt Change: "The Trail of the Lonesome Pine