GOLD!
I pay highest prices for -
OLD BROKEN USELESS GOLD ARTICLES, such as rings, brooches, bracelets, watches, medals, dental plates, trinkets, necklets, cufflinks, cigarette-cases, purses, etc.
M. BERAHA
Asia Life Building, 14 Queen's Road Central. 4th floor;
Room 412. Tel. 32661.
MORNINGS ONLY from 10 a.m. to 12.30 p.m.
AIR-CONDITIONED THEATREN
SHOWING TO-DAY AT 2.30, 5.10, 7.15 & 9.30 P.M.
Vic and Eddie soid --
"NO MORE WOMEN" ...but what they really meant was that they couldn't handle ony moral
They dove for dough in the daytime... but they were right on deck every nightl
EDMUND LOWE VICTOR MFLAGLEN
IN
NO MORE WOMEN
NEXT
CHANGE
4 SHOWS
DAILY
1-20-E-ID
1.15-400
JIMMY DURANTE-LUPE VELEZ
IN
"STRICTLY DYNAMITE"
FALL'AMY FRAN OR HARPY BALLEY SUB-
ORIENTAL
LAST 4 TIMES
TO-DAY
THE FUNNIEST BRITISH PICTURE
EVER MADE! IT'S
A RIOT OF LAUGHTER.
•
The
China Mail.
NINETIETH YEAR OF PUBLICATION.
HONG KONG, THURSDAY, AUGUST 30, 1934.
INFLATION INEVITABLE
Foreign Currency Soars
LATE DRIVE AGAINST THE DOLLAR
·
KPECIAL TO CHINA MAIR (By Telegraph, Copyright, Telegra- phie Moscapes Ordinance, 1894, Re- ceived August 30, 5,33 a.m.)
New York, To-day.
A late drive against the dollar forced currencies to soar yesterday
due to
"New Deal" Outlay $505,000,000
TREASURY ASSETS DETAILED
DISCOURAGING OUTLOOK
Lower Steel Operations
1
Expected Next Week
SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra
SPECIAL TO CHINA, MAIL. By Telegraph, Copyright, Telegraphic Messages Ordinance, 180. R New York, To-day, phic Mensages Ordinancs, 1894, Brceived August 30, 8.47 am). colved August 30, 8.28 a.m.)
The "Iron Age" reports that
Washington, To-day.
The United States Treasury, United States steel operations are new and unconfirmable Secretary, Mr. Henry Morgen-at 19 per cent, of capacity, and that rumours of Inflation after an early thau, in a nation-wide broadcast, lower operations are expected next decline due to dollar short cover-revealed that the "New Deal" up week.
to the present had actually cost
ing,
The Navy Department requires
gether with prospects of orders, Mr. Henry Morgenthau's indica- the Government only U.S.3605,- 40.000 tons of steel and this, to- tion that the gold profit would 000,000,000," eventually be used to balance the Budget had a favourable effect on the market yesterday.-United press, per S. E. Levy and Com- ¡pany,
New Monetary Move Pending
SPECIAL TO CHINA MAIL.. (Bu Telegraph, Copyright, Telegra phic Mearance Ordinance, 1891. Re- ceived August 30, 3.40 m.)
Medicine Park. Oklahoma.
He said that the increased from Cuba, Improves the long-term public debt under President outlook, but the current situation Roosevelt was U.S.$6,000,000,000, is discouraging.
Orders from the automobile trade are slow and the Public Works: against which the treasury has the following assets.
Firstly, U.S.$2,800,000,000 pre Administration's funds are low- fit from the reduction of the dol-United Press, per S. E. Levy and
Company. lar's gold content.
Secondly, U.S.$1,095,000,000 Irecoverable from the emergency jagencies.
Thirdly, U.S.$1,600,000,000 in- the Treasury's cash crease in balance.
PROFITS ON GOLD STOCKS FOR DEBT
:
(Continued from Page 1).
He said that eventually the To-day. Senator Thomas, of Oklahoma. gold profit, at present being uti
has predicted that lited
Government States lar devaluation and silver chasing.
the
Un- dol-i
pur-
He said that Mr. Henry Mor-j genthau's speech points the way
to
а
future Administration!
Mr. Morgenthau added that most lised for stabilisation will be re- of this profit has been segregated turned to normal uses. further for the Stabilisation Fund, "but 1 draw your attention to the fact that reducing the debt.
we ultimately expect this profit to flow back into the stream of our other revenues, thereby reducing the National Debt."
The latter statement is in- terpreted by some as an in- duation of approaching in flation.
Treasury. The
however.
In estimating the cost of the RKO
monetary move, and added that strongly deny that inflation is "New Deal," Mr. Morgenthau stat increase of RADIO
Mr. Morgenthau's reference to
United Press, per ed that against an impending. -
U.S.36,000,000,000 in the National Picture gold devaluation profits indicates
Debt there should be deducted, first-l the methods which the Govern-S. E. Levy and Company. ment, in future, will pay off the
profit of approximately U.S.$1.-profit amounting to $2,800,000,000 public debts.
"Before the relief programme 000,000,000 due to silver nation-in the Treasury's cash balance since He reiterated that March 4, 1933; secondly, the gold la completed. the Governmentalisation. will be forced to devaluate the inflation, eventually, will be fore-profit amounting to $2,8000,000,000 gold content of the dollar to 50jed upon the Government. cents, resulting in a profit of al-
FLEMING ROAD WANGHAI
TAL 29472
TO - MORROW &
SATURDAY. HERE'S
A SENSATIONAL STORY!
Sweeping aside all previous conceptions of what the screen
can do !
and, thirdly, an increase in the met The longer they postpone it assets of the Agencies wholly own- will it be-led and financed by the Government, most US.$1,000,000,000." he de- the more necessary
United amounting to $1,095,000,000-Reu- come, he asserted.
ter. clared,
Press, per S. E. Levy and Co.
Additionally, he predicted a
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ALMAMBRA
SHEXTRE
NATHAN ROAD, KOWLOON.. TO-DAY TO SATURDAY AT 2.30, 5.20, 7.20 & 9.20.
A Picture That is Really Entertaining! NOT JUST ANOTHER MUSICAL But A Gay, Romantic, Spectacular,
Operetta Set In The Enchanting
***Heyday
of Empress Eugenie.
the
A delightful per- formance by The Gay, Winsome Provocative Eng- lish Star.
HARVEY Lili Charles BOYER The ONLY
in
GIRL
RALPH LYNN
in
"UP TO THE NECK
WINIFRED SHOTTER
"I BUZZ & Dominiono Peras tip"
SEE RALPH LYNN IN
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CON
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CONTRA MIETVAL Di
BLOOD MONEY
GEORGE
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FRANCES DEE CHICK CHANDLER JUDITH ANDERSON BLOSSOM SEELEY
6 TAUND/VROLE OF "MIGHT" CHAFRI
MAJESTIC
TO-DAY TO SATURDAY AT 2.30, 5.20. 720 & 9.20 P.M.
Musical Men
bem direction of HARRY
LACHMAN•Story oper How by THORNTON
Lyrka: RAY FENDERIDIE, JACK YELLEN #08 IRVING CARLAR » Exscpèère Pro-: FROM, ROSEXE F. KAIN
REVEL
IN THIS ARRAY
... of dance... song::.comedy ... romance ... and beauty... such as has naver baform been seen on stage or scream ^.
GEORGE WHITE'S SCANDALS
RUDY VALLEE JIMMY DURANTE ALICE FAYE ADRIENNE AMES GREGORY RATOFF
CLIFF EDWARDS GEORGE WHITE
TO-DAY
TO
SATURDAY
QUELA'S
dramatic,
She was pledged to kill the man she loved! Robert W. Chambers' rousing romance is now the finest screen entertainment of the year -- spectacular, bright with gayety and songs1"
MDAVIES Gary COOPER
At 2.30, 5.10, 7.20 & 9.30.
OPERATOR
Katharine Alexander
Ted Healy
The Four Mills Brothers A Metro-Goldwyn-Mayer Cosmopoliad Production
SPECIALTY LAUREL-HARDY COMEDY.
В
Vatren, englisch Nc. 16
Prevention is better than cure!
PILLS
Agains: Dysentery
and intestinal affections
BAYER
'VATREN 105
Beware of imitations!
-FROM
SUNDAY-
Sec Tim Ride Herd on Stampeding Hopes and Thieves!
TIM
McCOY
The RIDING TORNADO
Shirley Grey
Wallace MacDonald
-Wheeler Oakman
Directed by D. Ross Lederman
and
MICKEY MOUSE CARTOON
A Columbia Picturs
"MICKEY'S REVUE”
TO-DAY
ONLY
STAR
At 2.30, 5.20,
7.20 & 9.20.
The greatest Picture of their Career. The Picture That Won The Academy's award For the Best Story of the Year !
"Realdiereathe bolt work of their carvers" kaya-Motion Picture Magaalset
POWELL FRANCIS
"ONE WAY PASSAGE!
A Warner Bros. Picturn
TO-MORROW.
Britain's Leading Comedian
GEORGE GEE
in his Hilarious Comedy
"CLEANING UP:
Printed and published for the Proprietors, by DAVID CHRISTIAN & WILSOn Manag er at
yndham St., Hong Kong
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