1939-10-14 — Page 2

SHOWING

TO-DAY

AIR-CONDITIONED THEATREN

At 2.30, 5.10, 7.15 & 9.30

p.m.

HELL BENT FOR GLORY... HEAVEN HELP THEM ALL!.

WARNER BROS. Presents

In

ERROL FLYNN THE DAWN PATROL

with

Basil Rathbone David Niven

•

DONALD CRISP. Melville Cooper Barry Fitzgerald. Carl Esmond Directed by EDMUND GOULDING • Screen Play by Seton L. Miller and Dan Totherah - From in Original Story by John Monks Saunders - Music by Max Striper

ALSO LATEST CARTOON IN TECHNICOLOUR

“SPEAKING OF THE WEATHER”

NEXT CHANGE

20th Century

Fox Picture

4 SHOWS

DAILY 2.30 - 20 7209.30

"FRONTIER MARSHALL” with Randolph Scott-Nancy Kelly-Cesar Romero

MAJESTIC

THEATRE

NATHAN ROAD

TEL 57223

MATINEES 20‹ - 30‹ © EVENINGS 20%-30%-50<-70.)

SHOWING TO-DAY

PLEASE NOTE SPECIAL TIMES: AT 2.00, 4.30, 7.10 & 9.40 P.M.

THE CHINA MAIL, OCTOBER 14, 1939.

FRANCE HAS 5,000 TONS OF GOLD FOR CARRYING ON WAR

Paris, October 8.

FRANCE POSSESSES more than 5,000 tons of gold bullion which can help her to finance a very long war. Her strong financial position accounts in part for her firm de- termination to pass with flying colours the stiff trial set be- fore her. The French soldier, fighting in the trenches, will not lack for food and the necessities of life, for France to- day is enjoying sound economic conditions which enable her to carry out to the last letter all military orders,

The Bank of France at this moment has approximate- |ly 2,500 tons of gold in its vaults. The Stabilization Fund holds another 500 tons. French possessions and holdings abroad, despite the mass return of capital since November last year, still total between 70,000,000,000 and 100,000,000,- 000 francs, or about 2,000 tons of gold.

PRESENT SOUND POSITION

To such stupendous riches in gold bullion must be added the gold re- The financial state of affairs in sources and foreign currency of the France to-day, City quarters declar- French Treasury, which represent a ed, thus was seen to be very favour- able. This is not all, for the French reserve of financial power impossible Government does not intend to draw to estimate:

on its capital and would neglect no means to keep its commerce as normal as possible.

Moreover, if the need ever arises. France can obtain either private or

Another favourable aspect of public credits abroad. In this connec-situation was that the trade balance tion, the Franco-British financial showed an excess in favour of France

agreements serve to complement their military and diplomatic accords.

THE GREATEST HISTORICAL DRAMA OF ALL TIMES! SALIENT FACTS AND STATISTICS

Screen

Claudin

eld Op

and En

An. M-

THE ROYAL

Directed by W. 5.Von

Dyke !!. Produced by

Hunt Stromberg

A

BAD-GIRL

IFE. HER SINS

werful romance Hirilling esca- Gudes wondrous

sfonts to see... 21 hours of mighty entertainment!

NORMA SHEARER TYRONE POWER

IN

Marie Antoinette

with JOHN BARRYMORE • ROBERT MORLEY

ANITA LOUISE •

JOSEPH SCHILDKRAUT Gladys George • Henrý Stephanson

NEXT CHANGE

The Case of the Murdered Divorcee Gives Chan His Most Spectacular Adventure!

SIDNEY

TOLER

in "CHARLIE CHAN IN RENO"

A 20th Century-Fox Picture

TO-NIGHT'S DINNER

1: Ox-tall Soup

2. Stuffed Fish & Shrimp Sauce

3. Victoria Cutlet

4. Boiled Chicken & Egg Sauce

5. Pears Meringue

6. Tea or Coffee

ST. FRANCIS

Price 95 cts. HOTEL

QUEEN'S ROAD, CENTRAL,„.

To appreciate the wealth of France a review of the financial aspects of the Great War will tell much.

Between 1914 and 1919, loss in trade, it is pointed out, was compensated for by a special levy which yielded Frs, 65,000,000,000 in five years, or an aver- age of Frs. 13,000,000,000 yearly for the duration of the war.

the

when the war broke out, after equili- brium had been attained last year. Then, too, the same circles continued. the Allies enjoyed uncontested· mari- time supremacy which would enable the French Government to carry out its decision to encourage exports more

than ever.

From the very first week of the con- flict, the Government excluded from price and profits control exports to foreign countries. France, they add- ed, had kept her best markets abroad with the exception of Germany Poland only.

and

Imports would naturally increase to a large extent and exports could be expected to drop for France, while restricting consumption and develop- ing colonial products for importation, would make large purchases of materials abroad.

wär

Furthermore, the debit of Frs. 65,- 000,000,000 was balanced by a credit of Frs. 37,000,000,000 drawn to the extent of Frs. 8,000,000,000 from freight and insurance fees paid French companies Frs. 13,000,000,000 in the form of foreign stocks and shares held by French citizens, and Frs. 16,000,-. 000,000 in money spent in France by there the Allied armies. Therefore,

The foreign currency that France was an unfavourable balance of Frs. would obtain through her export 28,000,000,000 for the five years of trade abroad, City quarters conclud- war, or about Frs. 6,000,000,000 year-ed, would be used to pay for, these.

war purchases. The huge gold to ly. To balance this, France had

sell some 1,600 tons of gold every serves would act as a reservoir

monetary power. Havas. year.*

„JILI NODER

TAKE ANY TRAM or HAPPY VALLEY BUS.

CATHAY

DAILY AT 2.30, 5.15, 7.20,&9.30.P.M.. MATINKES —— 30c. 36c. 40c. EVENINGS;~206, 30, 50c., TO..., #0c.

TO-DAY

TO-MORROW MONDAY

Metro-Goldwyn-Mayer's Singing Thrill!

The Most Exciting Screen Entertainment of Years! Prize Musical Drama of A colourful Era

With the Prize Star Cast of 1939 !

“URB. ONLY

Let FREEDOM

RING

Nelson Eddy

VIRGINIA PROCE

BARKATORI

•

ITONEA

FOR MOLAGLEM

› DWAPD ARNOLD

.! +

William Powell, Myrna Loy in

“THE THIN MAN"

re-

of