1938-08-30 — Page 5

HONG KONG DAILY PRESS

QUEEN'S

DAILY AT 2:30·5·15·7·20 29-30 - TEL.31453

• TODAY, FOR ONE DAY ONLY

Return Engagement

FRED

ASTAIRE

-By Popular Demand

GINGER

ROGERS

SHALL WE DANCE

Musks by George Gerakwis. Lyrics by Ira Gers. Directed by Merk Sandriak. A

Pandro S. Burmes Production.

TO MORROW

4 Brows

BALT

"

With

Edward Everets Horton Eric More • Jerima Cowin”» Kati · Galliam • William Brisbane › Harriet Hocice » EKO-RADIO PICTURE

'MYSTERY OF THE WAX MUSEUM

A Warner Bros. Picture

TAKE ANY TRAM IN MAPPÝVALLEY BUR

ORIENTAL

FLEMING HOÀO WANGHAI

TEL 18473

SPECIAL FOR TODAY ONLY !

"J

THE MOST SENSATIONAL OF ALL JUNGLE THRILLERS!

TARZAN

JOHNNY

WEISSMULLER

MAUREEN O'SULLIVAN

2DAYS

AND HIS

MATE

DAYS TO MORROW & THURSDAY

CHAN'S MOST BAFFLING DETECTIVE MYSTERY!

DEATH STRIKES TWICE IN MANHATTAN'S GAYEST SPOTS!

CHARLIE CHAN ON

BROADWAY

WARNER OLANDEDWAYO BROMBIPG

JOAN MARSH · LOUISE HENRY JUAN WODORUNY - DONALD WOODS - DOUGLAS TOWIEY - HAROLD HUBER ........KEYE LUKE

MATINEES: Z0c.-30c • EVENINGS: 20c.-30e.-50c.-70c, ✪:

DAILY

AT

2:30

5.20

720

9:20

HANKOW

STARE

KOWLOON

57795

TODAY AND TOMORROW

Rochelle Hudson

Robert Kent

Your heart goes out to these two! Hunted...hounded..their love

was brave!

Ed J. Bromberg

in

THAT I MAY LIVE"

A 20th C-Fox Picture

THURS, Eddie Cantor in‘KID FROM SPAIN

DIARY OF LOCAL EVENTS

TODAY

Social Craigengower

Cricket

Anniversaries and Holidays-St.Club Weekly Tombola, 15 ph

Rose of Lima.

Auctions-Household Furniture. 33. Hankow Road, Kowloon. 2.30 p.m.

Cinemas (88s Column 3 of this Paze).

Lectures-Gas Lecture at Helena

· May, 11a.m.; Air Fald Precap- tions, H.K. Women's tional Club, 6 pm;

Cheero Club Whist Drive, 8.45 pm.

Sports-(Bee. Page 10). Sunrise-6.05 a.m. Sunset.-8.42

D.m.""

Tides-High at 00.05 and 1250. Low at 06.09 and 18.05.

SOLUTION NO. 93

Today's Screenings

Hong Kong

KING'S:

11

"The Squeaker"

QUEEN'S:

"Shall We Dance" ORIENTAL:

"Tarzan And His Máté"

Kowloon

ALHAMBRA:

"The Kid Comes Back? STAR:

"That I May Live"

MAJESTIC:

"Mannequin"

RINGS:

Coming

"Wide Open Faces" QUEEN'S: :

"Mystery Of The Wax

MuseumTM

ORIENTAL

"Charlie Chan On Broadway" ALHAMBRA:

"Sable Cicada"

STAR:

hi

"The Kid From, Spain"

MAJESTIC:

I Met My Love Again"

GENERAL

Flashes From

い

Szechuen

FROM QUE «OWN

CORRESPONDENT

Financial Centre

The head office of the Central Bank of China, of which Dr. H. H. Kung is the governor, has been transferred from Shanghai to Chungking. The office is on the 5th floor of the, Mel Feng Bank Building.

New Cigarette

BAT

The Shu Yi Tobacco Company, specialising in the manufacture of cigarettes under modern cond!- tlons, has applied to the central authorities for incorporalon "

At present, the best cigarettes are still imported, and the popu- larity of "this product may be shown by a. recent statement that Chungking alone consumes more' than $30.000 of this luxury every day.

Tenement Houses

As suggested by General Hoh Kou-kwang, deputy in charge of the Chungking office of the Na. tional Military Commission. company is being organised to erect 250 tenement houses for in- coming war refugees at a propos-

EDMUND LOWE'S ed capital of $1,000,000.

ENGLISH FILM

Moon Cakes

a

Many pastry' shops in Chung- "The Squeaker." Edmund Lowe's king are beginning to prepare new English picture, opens at the moon cakes to meet the demands King's Theatre today. The film, of their patrons during mid- directed by Willkm K. Howard, in-auturan festival. It has been sug cludes in the cast such well-known gested that Cauton moon cakes players as Sebastian Shaw, Ann shall be subject to a luxury, tax Todů. Tamara Desni, Robert of two cents each. Newton and Alastair Sim.

With its locale, the docks and slums of London, the picture pre- sents Edmund Lowe in a clean-cut vigorous role as a seafaring man.

The following amusing story is told of a production incident.

Teacher Majoos

kiang, a district in Szechuen, a According to reports from Kien- number or horses had to be dia- patched, to the war front as or- While on location at the London To attend to the animals on the dered by the central authorities. ¡docks, a crowd of 50 of the tough-way, some mafoo, or grooms, had est-looking types which the cast-to be enlisted and some persons. ing agencies could stipply was used, and at lunch time went over to a

teachers by ordinary occupation, local coffee shop for food.

offered their services. The dockers eating there, not liking the look of this bunch of peculiar- ly villainous-looking men and under the impression it might be a "gang" decided to eat elsewhere.

1

Upon their departure, they were given a send-off not any less im- pressive than that accorded able-bodied men joining the for- ces on the front..

CROSSWORD

NO. 94

ACROSS Suitable place." for a hogshead falling overboard

(four words-8. 2. 3, 3)

9 If this dog were

racing, would it

use its head to

beat the others? (7)

10 This was. ob-

tained from the unscrupulous al- chemist (7)

31. Could this part

of a house be made for nought? (4)

12 One of the tribes but an opponent of Israel (5)

14 French rovellst

·(4)

18 The head of a totalitarian state (3)

18 The way in

which a pansy stem curis (6)

20 This piece of fur- niture advises payment (6)

21 Father "en

deshabille" as a model. (7),

22 A lost vagrant

(0)

Interna-BOARDOFTRADE124 Only a little fel-

Maryknoll HU¶STI I TOTA 11 Convent School, Kowloon, 4. p.m. OFFICER TRUST.LER FIRII 18T8ALTE

Malls (See Paze 16),

U

Meetings-Kowloon Chess Club, BHOW ING TOILING

at Peninsula Hotel, 5,30. p.m.; E105B TITS INTETE Fete Committee, at St. Andrew's N Vicarage, 6 D.m

low but he may bite (6)

This 20 down is

the time for flav ouring (3) N

29 Malay weapon.

8

30 A military body

G

Perhaps (5) What Shylock "Insisted on “hav-"

ing (4)

Miscellaneous, Rotary Tiffin, LAUNDRESS19EC Hong Kong Hotel; Exhibition, of 01 N 1«21 418 1F Chinese Paintings in Bank of East REDFLAGIEQUAT Asta Bldg., 10 am to 6 pm. D¶ETILAŞIN ÜRITA1E11

Moon VII Int'c. Moon, 8th Day. TRATUMITONNA Religious.—Prayer Meeting at 84 LOVE LITETE and B. Home, 8 p.m.

LONDON BRIDGE

34 Book of the O.T.

(7)

35 This method of "

stopping an ar- gument is cer- tain after all (7).

38 The coffee's inno- cence, of the charges against...

It (14) 0

DOWN

I' In the direction

of part of a hos pital (7)

2 Inauspicious (7) 3 Servants who might be the head of the Romanies (4)

4 Produce (8)

5 Would it be

right to put this headgear below others? (6) "news rides" post" (Milton)

13 An old lady i

favour of bet- fing (7)

15 Here a man who

has paid. once is made to pay aguio (5)

17. A famous gate

(5)

19 A time of possi

hiity (3)

20 Bee 27 across (3) 22 Royalty making

8 request? '(0)", 23 Dock labourer or

time-server" (1).

25 Extravagant (7) 28 Remedy, for bad alignment per- ; haps (7).

Γ

27 Wet is so utilised.

(8)

28 A cheap mixture

32. From this the

Hare may be

known (4)

7 Contide (7) 33. He help to

Ack one for a

dismissal (8):

SOLUTION TOMORROW.

make tropical lands healthier

to

HOW LONG ·CAN. JAPAN'S ECONOMIC

RESOURCES STAND THE STRAIN?

By Y. C. Koo

(Continued from Pare 3)

While no statistics was issued in Japan about the movement of gold after August 1937, American statistics revealed that the' amount of Japanese gold import- ed into the United States in the year 1937 was equivalent to U.S. $247,000,000, ot 870.000.000 yen at the ruling rate of exchange

It is therefore obvious that the profit realised by the. Japanese Government on the revaluation of the Rold stock, together with whatever amount of new gold that the Bank of Japan may have bought in 1937 in Japan, Korea: and Manchuria,-which even oc- cording to "the most liberal es- timate cannot exceed 200,000,000 yen-must have been all shipped to America and used up there.

OFFER GOLD MOVEMENT Recently movement to der gold to the Japanese "Government showed rather poor results. After one month or propaganda work all that the people of Japan offer. ed amounted only to the worth of 1,500,000 yen. Disappointed by this result but still in great need of gold, the Bank of Japan is now advertising for owners n? gold articles of artistic value to sell them to the Bank, with the right to buy them back after the crisis is over, their original form. While such frantle efforts are be- ing made to collect gold, the Bank of Japan was recently obliged to surrender again' to Mr. Ikeda, Minister of Finance, gold to the value of 300,000,000 yen. to enable the latter to create a "revolving fund" to procure raw needed in the export industries.

materials

The official announcement by Mr. ikeda was to the effect

that all the 300.000.000 yen of gold would soon be shipped to the United States. Actually the full amount was already shipped long before the "re- volving fund" was ever creat- ed. It might have been partly or completely used up before Mr. Ikeda's statement was re- leased.

GOLD STOCK EXHAUSTION An announcement on August 2 by the Federal Reserve Bank of New York was to the effect · that since March 24, 1937, Japan ship- ped altogether U.S.$346,000.000 of gold to America. Since the amount shipped in 1937 was found to be US.$247,000,000, the amount shipped this year, up to recently must be U.S.$99,000,000 or 347,000, 000 yen at the prevailing rate of exchange. We are therefore Justi- fed in predicting that by, next spring Japan's "stock of gold will all be exhausted.

In the past year, the Japanese Government had ordered the over- sea investments of the Japanese banks and people to be sold and the foreign holdings in turn to be absorbed by the government. The sum Involved was huge but it is known to have been all spent...

NO PROSPECT OF LOANS Speaking of a foreign loan. Japan under the prevailing Inter- national atmosphere has no pros- pect at all. Recently, the American Department of Commerce warned American exporters to Japan to demand spot cash for any trans- action. If Japan's economic status has not been so seriously under- mined, a phenomenon like that could not have happened.

With the Japanese 5 per cent. Sterling Loan of 1907 now quoted at 38 In London," as compared to the quotation of 92 for the Chinese 41 per |« cent, Loan of 1908 in the same market, no comment is, needed 'as-tó whether Japan still en-

- Hoys the same credit standing

· in the international firiancial markets as she did before the Manchurian Encident of 1931.

YEN'S VALUE

TUESDAY, AUGUST 30, 1938.-PAGE 5

CONDITIONED THEATRE

SHOWING TODAY AT 2.30, 5.10, 7.15 AND 9.30 PM.

EDMUND

LOWE

UNITED ARTISTS RELEASE

The Squeaker

EDGAR WALLACE

with

SÉBASTIAN SHAW ANN TODD TAMARA DESNI ROBERT NEWTON ALLAN JEAYES

Directed by

WILLIAM K. HOWARD

A LONDON FILM BROGUCTION

- ADDED ATTRACTION

The best of all the DISNEY CARTOONS for the rast Five Year. Everyone an Academy Award Winner - "THREE ORPHAN KITTENS" "COUNTRY COUSIN": "TORTOISE AND THE HARE" "FLOWERS AND TREES" "THREE JITTLE PIGS" ALL IN TECHNICOLOUR

NEXT CHANGE JOE. E BROWN

COLUMBIA

VIDE

LYDA ROBERT in OPEN FACES"

ALHAMBRA

TODAY AND TOMORROW.

WATCH

⠀ HIM SMASH HIS P

WAY TO STARDOM!

The KID COMES BACK

with

WAYNE MORRIS

- Directed by B. Roeyns Eason - Screen Play by Glarge fríciar - 4 VARNER BRES, PROTIRE

THURS :

* SHOWS

DAILY 130°-6 10 720.930

Return Engagement of "SABLE CICADA"

MAJESTIC

THEATRE

NATHAN ROAD

KOWLOON TEL.:$7272

(MATINEES. 206-30% ° EVENINGS. 20.-30.50x70c

FINAL SHOWINGS TODAY

TWO OF HOLLYWOOD'S GREATEST STARS IN

A STORY OF PULSING MOMENT!✅

THE HEART-STIRRING ROMANCE

of a shop-girl and a millionaire ... with your Joan and formed Spencer Tracy tri- umphant together!

JOAN CRAWFORD

TRACY

Aannequin

with

TOMORROW AND THURSDAY

The Perfect Story of a Perfect Love! JOAN BENNETT and HENBY FONDA in

“ARAMET MY LOVE AGAIN

J

A United Artists Picture.

KING LEOPOLD

ON HOLIDAY

Brussels, August 29. King Leopold of the Belgiaus

SHE MET HER

· LOVE AGAIN

Joan Bennett and Henry-Fonda

At present the Japanese Gov- ernment is doing all it can to maintain the Japanese Yen at 1s. 20. Internally, the insuance of domestic bonds and notes con- tinue. Meanwhile, the heavy bur- thase of war materials from abroad and the shipment of gold away from the country have made the maintenance of the rate of left Brussels yesterday for à vaca- will be seen on the screen of the exchange impossible. II the tlon in Switzerland and Italy. He Majestic Theatre tomorrow in “T Japanese Yen further decrease in will be guest of his sister, the Met My Love Again" Walter value, the economic collapse of Princess of Piedmont.(Trans-Wanger's adaptation of Allene Japan will not be far away.

Corliss' novel, Summer Lightning." The stars are cast in the roles. of adventurous Julie and studiops": Ives, girl and boy sweethearts or

bani

The value of Japanese notes has dropped steadily tri the International money market. For

sign banks aside from those in Japan have already declined to received Japanese bank notes." In future, the maintenance of ex- change rates must be increasingly

ocean/.

mult and in a short period of the New England of the jazz and time, there is the prospect of the Japanese economic structure col-apper era of 1927

The picture will delight all fans". because it has a Beautful love story, stirring drama, comedy and thrills,

lapsing altogether

(To Be Concluded Tomorrow)

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