1934-11-22 — Page 17

Star Ferries

EXTENSIONS ΤΟ DAILY

SERVICE

NOW IN OPERATION

FROM KOWLOON

12.15 a.m. till 1.15 am.

12.15 a.in.

12.30

*"

12.45

77

1.00

.1.15

FROM HONGKONG

12.15 a.m. till 1.30 a.m.

This

12.15 a.m.

12.30 12.45

17

1.00

"7

1.15

1.30

"

THE HONGKONG TELEGRAPH. THURSDAY, NOVEMBER 22,

CORRESPONDENCE

Germany's Trade Position

The Editor,

Hongkong Telegraph

Sir. On Monday last, under the above heading in your Editorial, a statement was made to the effect that "necording to comments n British banking cireles. Ger- many's foreign trade had всев affected by competition from ountries whose currencies were depreciated and la by the numerous trade barriers which unve been erected in various parts of the world."

These are the real facts of the

Pase.

1934.

'CERES'

Heather Angel in "Romance in the Rain," which opens at the King's

Theatre on Friday.

But what in Germany's NEW YORK STOCK has declared a dividend of $2.52 per

pusation in these circumstances? While she may possibly manage to overcome the obstacles crented by depreciated currencles, can whe overcome the

obstacles of the

tariff barriers which are put up by the various governments for purely protective purposes?

in A

two

EXCHANGE

MARKET UPWARD

YESTERDAY

share. Electric output was up 4.0% for the week ending November 17. The October Cigarette production was 10.8% above a year go. The earnings for October of the Public Service of New Jersey was $1,937,000 ns against $2,115,000 during the corresponding period of inst year. Business dones 910,000.

THE NEWEST

of

STYLES

FOR MEN

WHO

DRESS WELL,

HATS

STYLE WITH REFINEMENT

An outstanding favourite this season.

Its

10

French

B Jis.

have

FL

fine exclusive character is gained from the full crown and neatly bound edge. Then again it's a soft smooth finished FUR FELT of fine quality and very light in weight.

This is the difheulty which faces, Germany in the development of

New York and Chicago commodity. The following reports on the New her foreign trade. She finds that York stock market have been received reports received through Мелага. most countries, because of their through Messrs. Swan, Culbertson and Swan, Culbertson & Fritz:-- own unfavourable trade balance Fritz: The Wall Street Journal's re- Cotton: With the textile markets or for various other reasons, are Perl on yesterday's markets:--Stocks quiet, milla were inclined to await were upward due to the American the outcome regarding the Bankhead not willing or able to import Tephone Telegraph Co. having Act. German goods. If the present declared their

A strong faction of the new method of conducting trade were dividend of $2.52 per share, the in-nantion. The market was quiet but regular quarterly Congress is reported to favour further the only one available, then Ger-creasing Steel production and the very

stendy. Oficial ginnings many would be

hopeless highest Electricity output for two November 14 totalled 8,132,091 balen. position,

hundred weeks, after the market hadh; Wheat: Competition from Fortunately Germany has

shown Irregularity early in the day due and Argentine Wheat is to the weakness in Rails, reportedly! alternatives. Firstly, she can atawing to start selling on account of advantage to the American markets, tonipl to overcome these foreign an anticipated drop in carleadings. heavy expertable supply.

especially Canadian, which trade obstacles by offering an ex-1A considerable proportion of ne change of commodities with the American Telephone & Telegraph Co.'s} Cora: Prices were up on the strong various countries--barter on dividend will be payable out of nur-cash situation in the interlor. No 1 big national scale. So far, Ger- plan on account of insufficient earn-White Corn was sold at St. Louis for many has made

Butner of Bond' insues were Irregular $1.05 per bushel, Orts in this direction with

featured by the strength of special A distinct measure of success,

insues, while there was a

moderate Rubber; There was some liquidation The second

rally in U.8. Government Bonds. The f over-bought December alternative Ja to Paramount Publix

position. Co.'s Bonds ad- The action of the primary market endeavour to make herself as self-vanced owing to the heavy demand on causing a lower trend. contained and self-sutleient as account of their reported reorganisa-

The market to Expected possible (Autarchy) by a procesation plan. Stocks on the Curb Ex- material means

slow any improvement befute the of substituting former imported change were irregular. Wheat was turn of the year.

motion by purely her own Further beneficial domestle rain hase

irregular due to weak foreign cabien, Dow Jones Average: home products,

Where products require intense news of an unfavourable crop in

offset the strength of Corn, as well cultivation Auch as food-stuffs, the Argentine. wool, etc.. this is being practised by her agriculturists, Of products The which are not natural to Germany, gouerally firm tene in spite of the synthetic substitutes are being weakness of railroad Issues, Business developed by her scientists and dividend industrialists,

an extra half (2 runs each way) on to current table.

THIS SIMPLE TEST

hour

time

Just for a few days, take ENO's “Fruit Salt" regularly each morning and night. Then note how much better you begin to feet and look-more energetic, eyes brighter, complexion clearer.

The reason is simple. Nine out of ten people are constipated, although few suspect it. ENO relieves and prevents this condition by ridding the system, punctually and thoroughly of all poisonous wastes. Milions have proved this and depend entirely on this pleasant alkaline corrective for maintaining their health Buy a bottle today but make sure you get ENO

SOLD EVERYWHERE IN THREỂ SIZES

THE WORDS "ENO" AND "FRUIT SALT.

ARE REGISTERED TRADE MARKS

ENOS

General Sales Aren Harold F. Ritchie & Co., Inc., Priner's Buildings, Hongkong..

EL FRUIT SALT

A

S. C. & F. New York offies enbles:

stock markot maintained

not

30 Industrials 20 Rails

Nov, 20. Nov, 21.

09.00 90.47

3.36

34,94

20 Utilities

27.64

17.86

д

40 Bonda

93.74

13.78

11 Condity

Index

69.41

50.54

17 Leading Stocks

Nov. 21.

Amer. Can

103%

Amer. Smelt & her. Amer. Tel. & Tul, Auburn

30%

100

21%

1. 1. Case

516

Du Pont

072

Elec. Bond & Share

71%

General Motors

30%%

Int. Tel. & Tel.

84

McIntyre

42

Montgomery Ward

*29

Nta. Distillers

244

2014

1-49%

102

-134

West E. & M.

33

news is cheerful Tir press reports that Washington plans! In principle, Gerniany tato stimulate one billion dollars worth favour of Free Trade, but the fact of plant repairs for willties and is that the rest of the world

preparing are

strong and unified up- adopting trade protective measures

position against political attacks. which put economic benis round acts to bagst the freight revenues of The Interstate Commeren Commission her, are ciremstances which have Western corrlers. forced her to become more and first quarter are unchanged, Business] Steel prices for thej more self-sufficient and upped her teams are off $23,000,000 for the week to rely more than ever upon her ending November 14. October cotton own resources,

spinning 1м sharply up. The Strangely this method of eon-Hirooklyn Manhattan Transit Co, has ducting national Trade

shown

surlus for October of vocaled in a pamphlet blished $47,000 against $634,000 arti

was ad-

红线

year. The Chesapeake & Ohio Rail

by yourselves in 1933 under the way Co. has earned $3.06 per share World Crisis: A way out" for the ten months ended October 31, | by Mr. Frederick Cope A.M.LE.E, ¦ the

yeur. ngo.......The

ith

No:11

VON. American Telephone & Telegraph Co.

N. Y. Central Sorony-Vacuum Union Pacific

U. S.. Steel

-TO-MORROW KING'S-

AT

THE

She Was Crowned Queen of Beauty-

but all she wanted was the love of the man whose agile brain had boosted her to the top. Did she get him? Oh, boy! See how it was done in this. swell comedy-drama with haunting Incidental music!

FULL SATIN LINED

If you are accustomed to paying more for your hats, try this one which is offered at a very moderate price. FULL LINED, LEATHER HEADBAND BRIM 24" in all colours.

Price $11.50.

Whiteaway's

His Happiost Hief The makers of "The Thin Man" now have made another movie that's ell tun and excita- ment! You'll love every laugh. crammed moment

of it!

HONG KONG "SOCIETY FOR THE PROTECTION OF CHILDREN:

WOMEN'S AUXILIARY,

The 5.P.C. requires $25,000 this year to maintain its work for sick and starving children,

Will you send us one or more of those dollars ?

Mrs. Y. K. Chow, 22, Shouson Hill.

Mrs. L. W. Amps, 517, Tho Poak: Hon. Treasurers:

•

Your donation will be gratefully

acknowledged.

ROMANCE in the RAIN

ROGER PRYOR

HEATHER ANGEL

Standar

Victor Mosco,

Non direc Presented by Kúžji A UNIVERSAL

Robert MONTGOMERY Hide Out

MAUREEN O'SULLIVAN EDWARD ARNOLD

ELIZABETH PATTERSON

QUEEN'S Saturday