1931-09-01 — Page 12

Sole Agents:-----

The Caravan. China

ARCADE, PENINSULA HOTEL.

FETTE PEKING RUGS

CENTRAL

THEATRE HEAR

SEE

SHOWING TO - DAY

At 2.30, 5.10, 7.15 & 9:20 p.m.

A RETURN ENGAGEMENT.

A New Era in Sound & Colour Entertainment.

The Luxury of Life, Love and

Laughter!

-including the first drom atization of George Gershwin's "Rhapsody in Blue." Hear, you and enjoy this miracia of beauty-- thli carnival of cleverness -this- entertainment, su. preme. It's as modem as tomorrow's newspaper.

Presented by Cail Laammie. Directed by John Murray Anderson, Produced by Cart Laemmle. [C», with a host of inter-

¡national celebrities.

Paul WHITEMAN KING OFJAZZ

and his band in

COMING ATTRACTION

Can A Wife Be A

Pal To Her Hus band?

*NO!" says this smartly charming who young wife tries. it' and knows, "friendship ceases where love begins."

-

See why and laugh, cry, laugh !'

The

Mail.

ESTABLISHED 1845.

HONG KONG, TUESDAY, SEPTEMBER 1, 1931.

FIRST MEETING OF NATIONAL CABINET

PREMIER PREPARING A PERSONAL TRIUMPH ?

SALARY REDUCTIONS

PARLIAMENT MAY NOW MEET

ON SEPTEMBER 15

It is now expected that Parliament will meet on September 15, a week later than at first proposed. This is in order to give the Cabinet more time to consider economy proposals and prepare measures for their adoption.

It is believed that, while the Cabinet is engaged upon devising ways and means to put into operation economy measures which will pass through the House comparatively easily, the Premier is staging a personál. triumph by aiming to include certain economy measures which received the support of Cabinet Ministers, of the late Labour Government, who are now preparing to offer every resistance to the National Government. Mr. MacDonald wishes to hoist Mr. Hender- son with his own petard.

SALARY CUTS FORESHADOWED

'tailed examination of the Sub-

Committees' reports.

London, Yesterday. The examination of the econo- mies side of the problem was

Rugby, Yesterday, nearly completed at this evening's) Prime Minister Ramaay Mac- meeting of the Cabinet which Donald returned to London by Insted three and a quarter hours, aeroplane this morning from The economies; not yet, settled Lossiemouth where, over the week- include reduction of salaries of Cabinet Ministers, Members of the House of Commons, Civil Servants, Judges and teachers.

Consideration of the Financial side is less advanced; but will be resumed to-morrow.

MacDonald Preparing Personal Triumph.

LOCAL SHARE MARKET,

Strong Demand for

China Lights.

THIS MORNING'S FEATURES.

issued by

The official summary the Stock Exchange this morning stated:-

The chief feature of the market this morning was the strong de- mand for China "Lights, in which very large dealings have taken place both for cash and forward delivery. There is also still a demand for quite a number of stocks in the list.

Banks were dealt in at $2,040. Bank of East Asia were in re- no shares ap- quest at $134, but peared.

Unions were wanted at $5521⁄2. which did not tempt holders.

Wharves, were enquired for at

$163 without leading to business.

Providenta (old), after having! been reported done at $6.40 and $6.65, were in further demand at $6%. The new shares were re- ported sales at $3.05 and $3.10, but at the close there were buyers at the former rate.

Hotels (old), after changing handa at $17%, were in der and at $17.35, but sellers held out for $17.60 There were safes of new shares at $16.90, but buyers were not willing to go on at this rate..

H.K. Lands, which were report ed sales at 301% and $92, were in demand at $91.60, with sellers ask- ing the higher quotation. **

Realties were in request at $17.40 ex div.. but the rate did not lead to any transactions.

There were sellers offering Ewes at $15.80, but, nothing transpired at this rate.

Trams, which reported sales at $22.10 and $22.20, were still in demand at $22.10.

Star Ferries were Th demand at 39414, which did not bring out any

end he had been hard at work on various matters connected with the task of the new. Government. The Cabinet met this afternoon. "Mem- bers have been studying the material prepared by the two Sub- Committees appointed at the frat meeting on Wednesday last to re- port on economy and taxation It is learned that while the measures and on Parliamentary

The Cabinet aim at producing a pro- procedure.

reports 'are gramme assured of majority sup-understood to be complete, and the final port and speedy passage through Cabinet is proceeding to a the House of Commons, Mr. Mac-study of the comprehensive scheme Donald is courting an ultimate to be submitted to Parliament at shares.. personal triumph by including a special session next week. proposals which the followers of So far, the only item of the pro-and there were buyers at this rate Mr. Henderson approved as Laposals which has been disclosed and at the close.

at bour Ministers.

discussed is a suggested reduction Electrica, which were sold by ten per cent. in Unemployment $81%, were wanted at this rate at Benefit apart from allowances for the end.

Telephones children, but when an official an-

(fully paid) were nouncement of the completed plan wanted: at $46, and the new shares is made it is confidently anticipat- were dealt in at $844, and buyers Labour Defection Anticipated. *ed that it will be found to provide wanted shares at $34.

A mass defection of Labourites for equitable distribution of

sacrifices in accorance with Govern ment's declared policy.

In conformity with the usual budgetary procedure, the new proposals are not likely to be divulged before the meeting of Parliament.

is expected which will necessitate the alloting of minor Ministerial posts to Liberals and Conserva- tives.

The Rt. Hon. Craigie Aitchi- son, Lord Advocate of Scotland, has agreed to retain his office, and the Conservative. Chief Whip, Comm. Rt. Hon. D. M. Eyres Monsell, R.N., takes over the Whip's office.--Reuter.

Posed For Talkies.

London, Yesterday. The National Cabinet assem- bled promptly this afternoon at 4 o'clock.. This first Cabinet Meeting was preluded by the usual theatrical ceremony of pos- ing for the talkies. It is suggest ed to-night that Parliament may be called on September 16 instead of September 8 in order to permit the Cabinet to make a very de-

China Lights were done at $30,

Cements, after being done at $20%, were in request at $20.40.

Ropes had buyers at $22 without; getting shares.

To-day's meeting of the Cabinet insted three and a half hours. The -Dairy Farms, with sales report- arrival and departure of Ministers ed at $33, had buyers offering was watched by a large crowd.$82.50, but sellers were asking the British Wireless Service.

LONDON 'CHANGE, Bargaining Hours Fixed on Saturdays.

10.30 — NOON..

London, Yesterday.

former figure.

Lane, Crawfords (old) were again in demand at $7.80 and the new shares at $7.50, but there was

nothing to record.

Mackintosh stock was in demand

at $18 without business being done.

in de- Amusements (old) wore mand at $264, ns were the new shures at $23$ and $28.80,

re-

In connection with the forth-spectively. coming London Stock Exchange Entertainmente (old) wore en- opening on Saturdays, the Com-quired for at $15. mittee, states that bargaining Constructions had buyers offer- hours will be from 10.30 a.m. tilling $13.60, but the rate did not pro- noon.--Reuter.

cure shares.

FLETCHER'S

BATH EAU de COLOGNE Delightfully refreshing and invigorating

during the hot weather. MAGNUM BOTTLES

Anlatic Building.

$2.50.

THE PHARMACY

Queen's Road C.

Tel.. 20345.

AMUSEMENTS &

AT THE

QUEEN'S

TO-DAY AND TO-MORROW

At 2.30, 5.10, 7.15 & 9,20,

THEY WERE THE ANSWER TO A GOLD-DIGGER'S PRAYER !-

try

and.

stop

laughing

STE

REGINALD DENNY

LEILA HYAMS

SUT

CHARLOTTE GREENWOOD

Directed by CHARLES F. RIESNER

They fell for a couple of wise cuties - until their wives got wise to them!

Then the fun began the wives stepped out with a pair of

college boys to get revenge 1- The Laugh Sensation of the Year! With the Five-Star Cast of Comedy Favourites!

A Metro-Goldwyn Mayer merung

LILIAN

BOND

CLIFF EDWARDS

NEXT CHANGE

MEN CALL IT

Love

Maver

S

UP POPS the DEVIE

Paramount Picture

Booking at the Theatre Telephone

A BAYER

Afridel- Gsap

Prevents and cures * * SKIN DISEASES

de especially VELOKA, DAN

Prickly Heat

Printed and published for the Proprietors, The Newspaper Enterprize Limited, by DAVID CHRISTIAN

WILSON, Basinens Manager, at 84.

Wyndham Street, Hong Kong.

With

ADOLPHE MENJOU Leila Кулли Mary Duncan.

A modern story of the newly

married.