1933-07-13 — Page 22

10

“A TRIP TO THE have had a daughter-in-law to walt on

INFERNO"

(By H.R. Wells)

CHAPTER XI.

CONCLUSION

Laah Hat said, "I wanted to pull it but the officer in charge would

out not allow me to do so",

mo.

"Again if he became an official ho would give presents to me before ho assumed office, and at the end of my life, when I became a hundred years old, he would worship me on the un- lucky day of my funeral.

ог

carry a

at

THE HONGKONG, TELEGRAPH. THURSDAY, JULY 13, 1933,

MISS ENGLAND IN MADRID

BLONDE ASSURED OF WELCOME

them

*Madrid.

•

PLANNED ECONOMY AND PLANNED PRICE LEVELS

(Continued from Payo Bi)

mar.

COTTON, WHEAT AND SILVER

LATEST NEW YORK QUOTATIONS

July

October December

Cotton

Opening Closing

Rango

Range 10.42 10.42 11.88-11.88 10.80-10.80 11.70-11.74) 10.94-10.00 11.00-11.02) 10.98-10.09 11.05-11.06 11.18-11.17 12.10-12.10

SHARE PRICES

Mercantile Bank C., £9. East Asin, $101 b.

EXCHANGE RATES

July 18.

80

112%

39.18/16

TO-DAY'S 'QUOTATIONS

July 11.

Paris

84.19/10

The following is the list of local Goneve Jaharo quotations Issued to-day:

Banks.

.17.18

Berlin

.18,00

85.8/82 17.18 18.0214

Helsingfors. Oslo. Athens.

2204

22036

.10,00

19.90

Il'kong Banks, $1825 sa.

Milan..

09.19/82

H'kong Banke, London £183. Buenos Aires,

62.18/10

48

Chartered Banks, £15% n.

Shanghai..:

Mercantile Bank, A.

B. Now York...

£241⁄2

Amsterdam.. Vienna..

1/2.15/18

8.2215

1/ay

4.00

8.20

1/16

.605

1/4

1/4.15/16

Brussels..

23.82%

397% .110 110

10%

110

Wheat

Canton Ins., $300 b.

Chicago Winnipeg

105% 88 100%

Union Ina., $580 s.

Yokohama

..1/6.1/16

1/2

1/0.1/18

China Underwriters, $2.40 D. China Fire, $595 p.

Montevideo

..34

Montreal.

4.00

84 4.98

111

00% 02%

H.K. Fire Ing., $262 b.

Silver (spot)....17.15/16

Silver (forward).18.1/16 War Loan.......084

18.7/18 . 18.0/16 08%

Silver

38.06

30.20

40.00

11.32-11.82*12.25–12.26

11.55

11,175,000 ozs. 7,276(,000 oza, (447. Contracts) (291 contracts)

Am: O. Finance Corp, Sh. $20 n. China O. Fin. Ord., Sh.35.40 m. China O. Fin. Pref. Sh.35.00 n.

Insurances.

Shipping.

Douglas, $32.60 n.

H.K. Steamboats, $18 n. Indo-Chinas, (Prof.), $80 n. Indo-Chinas, (Def.), $32% n. Sholla (Bearer), 52/0 n. Union Waterboats, $15 n.

Mining.

"Many people adopt children and

method tla. could be accomplished. regard them as their own, and aro

Mossra, Swan, Culbertson and Frita good to them and love them, How

and that, in particular, a rise in the "Miss England 1938" will re- prices of manufactured goods and a bave recolved the following quote much more should I have loved the -hild of my concubiho who would wear ceive a warm welcome when she rise in wage rates in factories should tions on the New York cotton and arrives here for the forthcoming be the starting point.. I think this wheat and silver exchange for yeater- mourning, for me for three years.

had not killed him when he European competition.

view very definitely wrong. I think day. Though boasting of thousands that what the factories need is grently was a baby, he would now be three or been

first of all, greatly She bent down her head and spoke four years old, and would have

July very quickly, and with bated breathable to stand up and hold the side of of peroxido blondes, Madrid, is increased volume, and that what Increased employment. The price

are in October she said, "Are you just trying to my bed and come to me and ask eagerly looking forward to the labour needs is, frighton me?, Hoaring you say all after my health. And if I to visit of the golden-haired Britishes that we want to come first are in:

tl Beauty Queen...

December son to wors of

foodstuffs

materials. and raw this makes me feel very much afraid, should have had.:

Referring to the selection of the Ultimately, as employment, increnses January Forhaps my trouble and sickness may my soul-tablet, and

bamboo

tree, soine green

which English representative at the and as raw materials and foodstuffs March

of buying be punishment for my sins.

power May one does not believe this, how would have been blown about by the Spanish Club in London, a writer rise, the aggregate

Spot can it be that though we have had wind. He would also wear mourning in "Ahora" describes the candi- in the country would be so greatly for dates as "mogily as blonde, and factured goods and the wages of

increased that the prices of

manu so many doctors to see me there lias and bow himself down

calling me his

mother weep been no result and I am just as 48 ving thought mattera over to this airy as the flower of a chestnut actory labourers can riso, also, but at first.

could

not refrain from weep-tree." have

this should be a later step, brought September "Besides having doctors wo

The main charm of English about by natural forces, by the She covered her mouth with her tried many other methods. We have had and in a low voice in her throat wementen girls," he calls them kots, rather than a first step artificial- employed anorcists, blind people and devil women and still there has been antd, "Ah! little one, I know you died) .........of the refined class is in his ly force. To get rising prices of: no result: My brother-in-law, why in pain, I know. I was cruel to your opinion, the wonderful colouring manufactures, or oven rising wage July was it that whon, you how the nail mother. Now I repent. You are in of their eyes and hair. Photo- rates, before there is an increase in September

employment and an increase in volume December driyon into me you did not pull it out the other world below the nine graphs cannot do them justice.

streams. Do not be angry with mo". Spaniards, he thinks, may find of production, is merely to choke off Total sales for the day- for mor

Inving said this. she wept inf

a trifle languid. Bat the demand, and to add to the misery of the millions of unemployed the secret for a long time.

After a brief respite, she wiped her long, fine line from hip to foot additional burden of a rising cost of

and currency policy properly with She said, "Can it be that I am to eyes and called the slave girl and and the lithe movement acquired ving continue in this pain, until 3 dic. Inont her to buy paper money, and by their devotion to sport must

PRICE LEVELS, DEBTORS & THE respect to ether and at times much. more important phases of the econo- have been 91 -for three years. My candles und bring them out to be appeal to all lovers of beauty.

GENERAL ECONOMIC PICTURE. burnt in the

the he

house. open court of

Miss Angela Ward, the lady

mic situation. Thus, in 1928 and paln is so great that it makes me fool

Then she ordered the servant to chosen to represent England at the I want to say something about that

1929, after years of overexpansion of very faint, in fact, it almost kills me. In there not any other method to get take some of them out to the front of competition In 'Madrid, will, it is school of economic thought which sees crodit which had generated an &D ghat Explorations, Sh. $4 n.

the house under the caves, and she hoped, not fail to grace a bull all our difficulties in terms of the price solutely

Wild

stock market boom, we herself knelt down and prayed in ¿cured?"

Laan Kat replied, "The only secret there. No one knew what she fight with her blue eyes, mile-like level, the general average of com were told by the advocates of com- possible way in that you should repent was saying or what she was praying complexion and golden hair-modity prices, and which believes that modity price stabilization, notably we could stabilize the general Professor Cassel, that we should not and change your heart and put away

average of commodity prices we should tighten money rates to check the stock all ovil for the future. Perhaps it

solve all our

problems, market boom because commodity prices economie you do this you might get well, but I

They do not agree among themselves had not risen, and that we should, in cannot say".

which price level is to be fact, increase the volume of credit stabilized.

Some wish to take the because commodity prices had moved general average of commodity prices at wholesale, others would take the moderately. Whatever may be gaid of commodity price stabilization cost of living average, which would involve retail prices and rentals and polies, thorng several goals of credit are many other things perhaps wages of domestic servants, also to be considered in the rest of and should, of course, include physic- the economic situation in determining Jons fees and things of that Bort.

credit plicy. Exclusive Still others think in terms of

preoccupa tion with commodity prices can lead larger number of things which are only to disaster: bought and sold, including real estate is usual for adherents of this itself and even stocks and bon

bonds, and would make their price level wider cool to use the terms "value of

wore merely

the than the commodlly price level. But, my" and "general level of prices" in general, this school maintains that

side of the other. When We keep the price level atable ale of money has fallen, and, whoe

weposite

prices have risen, they say that the should avoid all trouble. prices generate Bring on and un-prices have fallen, they say that the

When he had said thin he shook out his long sleeves in the usual Chinese way and went out.

His sister-in-law was in bed and thought the matter over and over, and the conclusion that her came to Illness really was a punishment for her sins.

REPENTANCE.

·

for.

She struck her head wildly on the ground until her forehead was covered with sand and clay and was greatly swollen.

After the worship was ended, she was assisted back to her bed where she groaned terribly, and a enld sweat | broke out all over her body.

Reuter,

CHINESE AIRMAN.

LEAVES BANGKOK FOR RANGOON STOP A CHANGED HEART. Immediately her heart was changed

Rangoon, July 12. The Chinese aviator, Sun Tun- and she became kind and benevolent.

From this time forward she treat-kang, who is flying from Berlin to She aald to herself, "When one ed the concubine like sister, and they Nanking, left here for Bangkok comes to think about the world and became as close to one another as early this morning, the people in it, one feels that women bones and flesh. If there was uny- are most kind-hearted, and whenever thing on which they did not agree she to the they hear that their relations have a carefully explained matters

and concubine, never speaking to her son they are extremely glad

roughly or in a loud voice as sho did

go and buy some pock or fowls for

The pilot is making good time. He was held up by bad weather before reaching here.-Reuter.

to

I

it

one

Rising

prices rob value of money has risen. There is in this if they are merely

thom, and when the completion of the before; and the concubine was very do.good deeds, and when she heard Bound credit they go too far, maket no hot

any

first full month of the boy's life, is glad to wait upon her continually. celebrated they send the most and tho Yul Shi (the wife) knew that she of any philanthrople object or debtors, and, fowls for the feast, and when the had sinned and that because her discose thing for the benefit of others that it dificult and in many cases im-giving a definition of the value of occasion for the

of the ceromony of the was caused by her sin, so she would it was possible for her to assist in, possible for debtors to pay their debts money though I don't think that such lighting

the lamp arrives they send not have a doctor to treat her, but she would do what she could in The solution from the standpoint of a definition is of

very useful. But there this school, is to strike at prlees-not presents and congratulations. How used the powder from the incense bowl matter.

Is

great harm in this if they conclude Three years later she and the con- at particular prices, but at the general from the fact that the general average:

of prices has risen or fallen that both

money is somehow or other to blame

the

then when one's own concubine gives to poultice herself. and Abscess cubino each had a son, and the boys Laverage.

birth to a son could one regard him as enough in about ten days the an enemy? Besides, when he should on her breast healed up, and it neem-grew up and went to school and grow up he might become wealthy ed as if she had received divine help. became successful students and serve and nourish one in one's After this, her whole nature was obtained' degrees. old age, also I might, in the future, changed, and she constantly decided

FINIS

Exclusive concentration upon the

and commodity price level as a criterion and that the remedy is to be found in

of credit and currency polley must currency manipulation.

(To be Continued.)

| necessarily loud to failure to use crodit

Benguets, $29%1⁄2 e. Kallans, 32/6 n.

Langkata (Single), Sh. $17 n.

S'hui Jans, Sh. $6.40 n. Raubs, $10% n. Venz: Goldfelds, $5 n. Benquet Exp., 28 cts. n.

Docks, etc.

H.K. Wharves, 3129 n. H.K. Docks, $16 n.

S. China Motors A., $10. S. China Motors B., $8 n.

Providents (old), $5.90 sa. Providents (new), $1,40 b.. Hongkows, Sh, $384 n New Engineerings, Sh.37 Shanghai Docks, Sh. $151.b and

ส.

Lands, Hotels, etc.

n.

H.K. Lande, $77% b. H. & S. Hotels, $7.35 b.

S'hai Lands, Sh. $82 n Metropolitan Lands, Sh. $14. p. Humphreys, $14 n.

H.K. Realties, $9.10 8. Asla Roalties "A" Sh. $140 n. Asia Realties "B" Sh. $20 n. Chinese Estates $97 n. China Realties, Sh. $14% n, China Debentures Sh.$187 n.

Cotton Mills.

Ewo Cottons, Sh., $10 n.. S'hai Cottons, Sh. $109 n. Zoong Sings, Sh. $144 n. Wing On Toxtiles (S) $95 n.

1/2.15/16

-British Wirolees.

Public Utilities.

Tramways, $22.80 a.

Peak Trams, (old), $15% n. Peak Trams, (new), $7 n..

Star Ferries, $92

b.

Yaumat! Ferries (old), $27 n. China Lights (old), $19.15 sa. China Lights, (new), $12% n. H.K. Electrics, $74 8. Macao Electrics, 328 u. Sandakan Lights, $10% n, Telephones (old), $31.10 вa. China Buses, Sh. $11 n. Singapore Tractions, 1/- n.. Singapore Pref, 18/-n.

Industrials.

Malabon Sugars $15 n. Cald: Macg. (old), Sh. $20 m. Cald: Macg. (Prof.), Sh. $16 m. Canton Ices, $5

Cements (Com.). $6.20 b and sa. Cements (old), $6 n. Comante (new), $1 n. H.K. Ropes, $9 n.

Stores, etc. Dairy Farms. $28.30 su.. Watsons, $10 8. Dor A Wings, $1 n. Lane Crawfords, $41⁄2 n. Muckintoshs, $21 n. Sinceros, $14 n. Wm. Powells, $2.10 n. Wing On (H.K.), $185 n.

Miscellaneous. Amusements, $121⁄2 n. H.K. Entertainments, $11% n. S.C. Enterprises, $34 n. United Theatres, Sh. $4 n. Macao "Greyhounds," $10 n. Constructions (old), $8.90 n.". Constructions (new), $1 n. B. Ind, &$ Bonds, 77% u. H.K. Govt. Loans; 4% b. Prem. Wallace Harpera, $8 n.

SALESMAN SAM

C'MON, BILLY, SNAP OUT OF IT! MRS. JONES WANTS THIS SET OF CHINA IN TIME FOR

HER PARTY, OR SHE'S DISHED!

It Looks Like a Safe Bet!

YOU AN' I ARE FAST FRIENDS, BILLY, BUT YOU'RE TOO SLOW! G'WAN BACK TO THE

STORE! YOU GET MY NANNY!

THAT GOAT CAN'T BUFFALOME! I'LL GET THESE DISHES TO MRS.

JONES SOME WAY -

་་་་

By Small

BALL

GAME TODAY

All

stever.

BALL PARK

GAME

TODAY

POST

No

WILLS!

I HOPE THAT BROKE UP THE

GAME, TOO!

BALL PARK

REG. U, S. PAT. OFF.

GOTTA HUNCH I'M GONNA GET STUCK. FER A WHOLE -SMEAR OF CEMENT!

D

ARE YOU QUITE SURE THERE ARE 56 PIECES IN THIS SET, MR...

HOWDY?

56? SAY! WHEN I WAS PASSING THE BALL PARK A HOME RUN DROPPED INTO THE

BASKET!

PLL BETCHA THERE'S A HUNDRED AND FIFTY-SIX

PIECES!

THE RIDDLE GRIDDLE

MERE

ARE THREE MORE HOT OVES, SAM HAS

COOKED. UP!

Z WHEN YOU'RE HUNGRY, WHY IS YOUR TUMMY LIKE TWO

LETTERS, IN THE ALPHABET?

2. WHY IS A LOLLYPOP LIKE A RACE HORSE? (THIS IS

A FAST ONE, NOW!)

3. WHY DO WOMEN PRESERVE FRUITS MORE. THAN

ANSW

THEY USED TO ?

INSWERS TO LAST WEEKS RIDDLÈS

1. BOTH HAIR CURLERS AND ALARM CLOCKS MAKE

WOMEN WAKE, CURLY IN THE MORNING!

A SPONGE HOLDS WATER, THOUGH ITS FULL.OR

HOLES/.

**** PERFECTLY IS ALWAYS PRONOUNCED PERFECTLY,

G/// © 1999 MY HEA BERVICE" INO