THE HONGKONG
TELEGRAPH.
Just another 5 minutes
wish I didn't always wake so tired. Those wretched directors are icating this moming too!
All their
happiness
depended on him.
Oh, Mr. Martin! I had to send that report into the directors' meeting without you seeing it. Sony couldn't
wait. But I checked,
THAT NIGHT
THINKS:
it carefully!
Their happiness depends on my job..! The directors are right, I am half. asleep. I'll simply have to see a doctor about this wretched
tiredness
Darling! Remember lin getting a rise this month. I hate to see you slaving and doing all the
housework ? yourself.
Let's get a daily halp in
THINKS
Very efficient- but not your job,
young mun
3 MONTHS LATER
MEANWHILE IN THE DIRECTORS" "MEETING: D
But, my dear sir, Martin looks half asleep all day. If the younger man cal do the job better, Martin must take the consequences. I'll talk to Martin
THE DOCTOR SAYS!
It's this waking tired that's holding you back! Even during sleep, heartbeats and other automatic actions go on using up energy. Unless energy's replaced. during sleep, of course you wake tired-Night Started! I advise
Horlicks.
Does your husband
wake tired?
GRAND
he does, see to it that he gets Horlicka I regularly, a cupful every night. He'll get the right kind of sleep, and wake refreshed.
He'll
be able to concentrate better, he won't be handl. capped any longer at his work by that deadening tiredness.
HORLICKS
Brien's
guards against Night Starvation
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DEWAR'S WHITE LABEL WHISKY
YEAR IN, YEAR OUT.
IT NEVER VARIES.
WEDNESDAY, DECEMBER 29, 1987.
WALL STREET HIT
BY SELLING WAVE King George IV
Prices Slump to Near Low Levels of 1935
Now, York, Dec. 28. Prices were lower, on the New York Stock Exchange to-day, almost reaching the lowest level since 1935.
The decline was consequent upon liquidation by discouraged long holders, and the selling increased as the adverse news acculmulated. Many traders dumped their holdings with the intention of taking to the sidelines pending a more definite measurement of business con- ditions.
Tekers Ingged behind at intervals. Steel Issues were the hardest hit. while American Can, General Motors, Chrysler, Consolidated Edison. American Tobacco, and Loewa Incorporated reached new low levels for the year.
Gold mining issues showed only small tosses. Silver issues weakened on the uncertainty of the Gover- ment's sliver policy.
Aviation Issues eased late in the sussion, although they were bolstered earlier by expectations of substantial orders.
The Bond market and Issues on the Curb Exchange were lower in an uctive session: United States Gov- ernment Bond Issues were lower. United Press.
TAKE BAD TUMBLE
New York, Dec. 28. Prices on Wall Street took one of their woest tumbles for weelts to- day. A wave of gloom enveloped the market. Traders rushed to sell and at the close most of the market's was since recovery
mid-October
wiped out.
Leading issues fell as much as Ave new Jow points, many touching levels for the year or longer.
The primary cause was the speech of the Assistant Attorney-General, Mr. Jackson, which started
fears
that Government was contemplating a trust-bursling attack,
of
the
Steel production is its lowest since September, 1934 at 19 per cent. the nation's capacity, while poorness of the moter, industry was Emphasised.--Reuter,
BUSINESS RECESSION
Detroit, Dee: 28.
The General Motors Corporation is laying off approximately 30,000 of their employees in various parts of the country, mostly in Michigan and Knudsen.
The announcement read: "The Corporation regrets having to -an-} nounce that the recession in business makes a readjustment of its working forces necessary. It is sincerely hoped that the position 34 almply temporary, and hat the spring wi! see the return normal employ- meat."United Presi
ENGLAND'S FINANCES ARE SOUND
London, Dec, 28.
The Exchange returns show, with a week to go before the end of the third quarter of the financial year, that total ordinary revenue amounts 10 £469.812,053, compared with £443,578,800 at the corresponding date Inst year. A sum of £86,- 211,000 in income tax been collected out of £288,150,000 estimated for the whole year and compared with £73,- 022,000 at this time a yeur ngo.
Total
expenditure, less self- balancing items is £637,367,814 com- with £570,613,083 at the cor-
P date of 1936. The total
was
debt outstanding on Decem- ber 25 £983,040,000 compared with £851,310,000 on December 26, 1936, and represented a net increase of £204,010,000 since March 31- British Wireless.
Increasing Armament
On Mindanao
Canton, Dec. 29. Apparently as a result of the sink- ing of the U.S.S. Panay, the U.S.S. Mindanao, the only American -war-j ship on the West River, is at present busily engaged in Increasing the effectiveness of her armaments.
The number of machine-guns on board is being increased from eight|| to fourteen, including several with special mountings giving a wider andļ more effective rongo against alrcraft.] The old gunsights are also being! readjusted for the same purpose.
Ammunition supplies are being kept) at hand on deck—United Press,
SHIPS IN WIRELESS COMMUNICATION
The following ships are expected
SHARE PRICES
The following is the list of local share quotullens issued this morning. Banks
H.K. Banks, 1,443 5.
H.K. Banks, (Lon. Reg), £87 Chartered Bank, £12% n. Mercantile Bank, A. and B. £32
n.
Mercantile Bank, C., £15 n. East Asia Bank, $80 n.
Insurances
Union In, $508/10 83.. Union In., $505 sa. China Underwriters, $1.50 n. H.K. Fire In., $235 n. Shipplag
Douglas, $48 b.
H.K. Steamboats, $0.20 b. Indo-Chinas (Prof.), $51 n. Indo-Chinns (Def.), $43 n. Shell Beater, 97/0 n. Union Waterbouts, 59.30 n.
Docks etc.
H.K. & W. Wharves, $113 n. H.K. & W. Docks, $20 n. Providents (old), $2 n. Providents (new), 20 cls. s. New Engineerings, Sh Shanghai Docks, Sh.- Kailan Mining Adm. 16/9 n. Raubs, $74 B.
Venz: Goldtick, $5 n.
Philippine Mining
P. .49 n.
Antamuk, Alois, P
Baguio, Gold, P. ‚14 n. Benguet Consol., -
Benguet Explor., P. 8.80 n. Big Wedge, P.
Coco Grové, P. 38 n. Consolidated Mines, P. 011 n. Demonstrations, P.-
E. Mindanao, P.- Gumaus G'fields, P.-- Ipo Gold, P. ---- I.X.L... P. 56 n. Itogons, P.-
Masbate Consols., P. Min. Resources, P.-- Northern Min., P.- Paracale Gumaus
P. 10 n. Satacot Mining, P. --- San Mauricio. P. 41 n. Suype Consol., 14_n. United Paracaies, P. 41 Tt. Lands, Hotels, etc.
H. and Hotels, $5 ̄s.
H.K. Lands, $31 n.
K. Lands, 4% Deben, $100 n.
S'hai Lands, Sh
n.
Metropolitan Lands, Sh. ---- Humphries, 58 H.K. Renities, $43 n. Chinese Estates, $86 n China Realties, Sh, - China Debent.
Public Utities H.K. Tramways, $139. Peak Trams (old), $7%1⁄2 n. Peak Trams (new), $34 . Star Ferries, $80 n.
Yuumat Ferries (old), $24% n. China Light (old), $0.80 b. China Light Ris. $4.35 b. and sa, H.K. Electric, $50 b.
Electric, 194 n. Macao Sandakan Lights, $14% n. Telephone (old), $20 n. Telephone (new), $8 n. China Buses, Sh. Singapore Tractions, 23/9 n. Singapore Pdustrials
23/- n.
Sh.
Cald: Mack. Prel), Sh.--
Cald: Macg. Canton Ices, $1.70 n. Cenment., $12.40 n. H.K. Ropes, $3.00 n.
Stores, &c.
Dairy Form, 323 n. Watrons, $4
Lane Crawfords, $8.09 n. Sinceres, $1.75 n.
Wing On (H.K.), $40 n.
Wm. Powells, 75 eis. n.
Co
ton M
Ewo Cottons Sh. $12 n.
י
S'hai Cottons. (old), Sh, $60 n. Zoong Sings, Sh. Wing On Textiles, Sh.
Miscellaneous HI.K. Entertainments, $3.20 d. Constructions (old), $111⁄2 1. Constructions (now), $1.10 b. Vibro Piling, $0 n.
Ch. Govt. 5%, 1915 asda. 75% n. H.K. Govt. 4% Loan 5% prm, n. H.K. Govt. 3% Loan 14% prm.
Wallace Harpers, $5 n. Marsmans Ins. (Lon.), s/~ 21/4 D. Marsmans Inv. (HK), s/- 4/0 n. Hongkong Mines 13 cis, s,
BRITISH NAVY IS HEALTHY
London, Dec, 28.
to be in wireless communication with The high standard of health in the
at-
the Hongkong radio station-Sui-British navy was exemplified in the sang,
Agapenor, Toyamn Maru,new low record for invalidity Scharnhorst, Burdwan, Ben Nevis, tained in 1938 for which an analysis Empress of Russia, Minoo Maru, of the complete health statistics have President Coolidge, Houtman and just been published.British Wirg- President Grant,
Whisky
The Prestige it com- mands is built on
UNVARYING
EXCELLENCE
Jury Georget
மக்கள்
GLOUCESTER ARCADE
Tol. 30986.
せん
KING'S
OPENING TO-DAY
Amazing Adventure....... Wondrous Sights Thrilling Suspense ...) Undying Love..... Alt in one mighty, sweeping pleture taken from tho most excitingulary ever conceived! A famous novel... a distinguish. ed cast... A truly mag- nificent production that will live forever in your meinory.
KING
SOLOMONS MINES
Cedric Hardwicke Anna Lee
·
Paul Robeson Roland Young John Loder
N. Adapted from the famous Sie Rider Haggard novel
DIRECTED BY ROBERT STEVENSON
A GB Production
THE
COUNT "TELEGRAPHS"
EVERYWHERE
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