1933-06-12 — Page 12

China Mail 德臣西報 中國郵報 All

1933

DOLLAR DIRECTORY. NOW ON SALE

at

3a, Wyndham Street.

KING'S THEATRE

SHOWING TO-DAY—————

At 2.30, 5.10, 7.15 & 9.30 p.m. "You're My Qiri-

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SCARFACE

And she was his girl...

watli his power tolled

and he went bus-

bling to his doom,

· HOTLAS HAWICE

ARTISTI

ALSO

PAUL MUN ANN DVORA ORBOOD HEWING

KAREN MOSLEY Adood te ken Mak Sam

MICKEY MOUSE

IN

"THE WHOOPEE PARTY" -AND-

SILLY SYMPHONY "FLOWERS & TREES" IT WOULD BE A MAJOR CINEMA CRIME TO MISS "FLOWERS & TREES" "PREVIEWER"-Morning Post.

4 SHOWS

DAILY

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7.11-2.20

NEXT CHANGE-

COMMENCING THURSDAY

15TH JUNE

NO METAL COULD

TOUCH THEM. BUT GOLD.

HERE'S TO OUR

MEN! LONG MAY THEY GIVE!

la thin fact - avèring story of three girl who com o Broad- way to have their "break" re-Bred i

SAMUEL GOLDWYN

The GREEKS HAD

AWORD THEM INA CLAIRE

JOAN SLONDET »

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It's Bowl-a-Minute Joy

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STAN

OLIVER

LAUREL HARDY

« came contre momedy

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UP

Your

Troubles

News ZyolluyoMayer mus

MAJESTIC

TO-DAY ONLY AT 2.30, 5.20, 7.20 & 9.20 P.M.

JACK BUCHANAN.

W HIS CRAZY STAIR DANCE:

YES, Mr.BROWN

with Elsie Randolph "

China Mail.

EIGHTY - NINTH YEAR OF PUBLICATION.

HONG KONG, MONDAY, JUNE 12, 1933.

US. Silver Plar

(Continued from Page 1)

PEAK TRAMWAY CONDUCTOR. Embezzlement Charge Remanded.

NEW GOVERNOR OF PHILIPPINES ARRIVES HERE

Continued from Page 1.) Michigan, succeeds Governor Mur- phy, as chief executive of America's fourth city for the remainder of the Pang Chee On, a former conduc year. Mr. Couzens, years younger tor of the Peak Tramway Co., ap than Governor Murphy, who is BANK BACKING.

peared in the Central Magistracy barely 40, has been president of the Before the United States went this morning before Mr. Wynue-common council.

Jones, charged with the embezzle- . Mr. Mills will exercise general off the gold standard, the backing ment of 10 cents from the Company, oversight of affairs of the Manila of the various kinds of paper on June 9.

railroad, the cement industry, sugar who ap centrala and all. other projects con- Mr. H. J. Armstrong money issued varied. The Federal Reserve Bank was required to peared for Mr. L. G. Scott, Superin- trolled by the insular government.

tendant of the Peak Tramways Has President's Approval. keep a gold reserve of forty per Company, said he understood the He said President Roosevelt had cent. of its Federal Reserve notes accused was being represented by approved the appointment, which in actual circulation. Gold certi-counsel. He asked His Worship to represents a new departure in ad-į

¡ministration of the Philippines, as ficates were backed dollar for dol-fix a date for hearing.".

of

lar by gold but National Bank! The hearing was fixed for to the insular government's economic

de have always been notes had in the Treasury only five morrow morning, bail in the sum affairs

centralized with the Governor Gen- per cent. of lawful money behind $100 being granted.

eral in general charge. them for final redemption.

The redemption. fund, however, was maintained constantly at the required level.

United

States notes, of which about $265,000,000 were in circulation, were backed by reserves of $156,000,000.

DOLLAR RISES AS SILVER FALLS,

Sharp Advance In Cross - Rates.

fre

As general manager of the De- troit street railways, which municipality-owned and operated, Mr. Mills has been in charge of one jof the largest enterprises of the

country's fourth city.

The street car lines were taken aver, by the city more than a de cade ago as the result of a

cam-

The delegates did not go into details of the effect of the proposed plan on the monetary

The local dollar advanced a fur-paign in which Mr. James Couzens, system of the United States

ther during the week-end, the former partner of Mr. Henry Ford but it was indicated that there

opening rate this morning being and now senator from Michigan, would be

of fewer kinds

1/44

played a leading part. Mr. Couzens Spot and forward silver prices was the first commissioner of street montey. The understandings reached by declined on Saturday, closing at railways and also police commis-

sioner. before serving as President Roosevelt with the visit-19 5/16 and 19% respectively.

that

Cross rates showed a substantial from 1919 to 1922. ing statesmen did not mean the plan had been adopted but advance, the London, on New York; that it was considered an acceptate closing on Saturday at London rate. jumped from able basis for the discussions at G$4.12% as agains: £-G$4.10% on G$4.11% on Friday to —G$4.14]

on on Saturday. Friday, while the New York London-United Press.

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CENTRAL

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