1934-12-26 — Page 5

THE MEANNING OF STATE - MONOPOLY

مست

Stale

THE

HONGKONG TELEGRAPH.

L

WEDNESDAY,

CINEMA NEWS

NOTES FROM THE THEATRES

DECEMBER 26, 1934.

NEW YORK STOCK EXCHANGE

MARKET FIRM BUT DULL

Lwo

moderate and

poly of artificial nitratos which the State and 2,352 to private con- are not only useful in agriculture cerns. The Ghazi took over the but also an indispensable factor in latter and for several years devot- the making of munitions. The ed ono-tenth of the total budget Polish Government has (Continued from Page 8.)

mono- to railway construction. Over. poly of the fertilizer manufacture 2,000 kilometres of new lines have governmental trading and expenson. Similarly the French Gov- this way and the end is by no of the country for the same rea-niready been built and paid for in diture. It was natural, therefore, ernment has a monopoly of indus-means yet. But transport is only the mental impressions of more than Creating a "composite picture" of: that politicians who had control of trial alcohol of which it sells some one of the Turkish Government's hundred million people in the exact the sponding departments should 3,500,000 litres a year at a profit indlustrial activities. It has taken ing directorial task that confronted de continually courted for the of about 500,000,000 francs. This a monopoly of the salvage work Victor Fleming, who directed "Trea-York stock market have been received The following reports on the New favours they could dispense, business is a direct legney from in the treacherous waters of the sure Island." adventure classic based through Messrs. Swan, Culbertson the. War when the Greornment Bosphorus and Dardanelles. It on Robert Louis Stevenson's famous and Fritz: The Wall Street Journal However open to abuse the found itself with huge stocks on has reorganised the sponge fadus-book-the most widely read pirate State monopoly system may be. Its hands. As then, the manage try, built

report on Monday'a markets:- there are no signs that it is likely ment of the business is conducted liquor and tobacco industries. Its This responsibility to the vast num-groups advancing as much as

factories, organised try ever written. The picture in

showing at the Queen's Theatre. The market was firm but dull, some to disappear. If only for the rea by the Explosives' Department of "ve-year plan." announced to-ber of readers estimated by publishers points. Selling was xon mentioned at the outset the the French administration, ward the close of 1933, includea to have been thrilled by Stevenson's demand very light, dur to November needs of national defence which

the construction of State factories book has resulted in the strictest care earnings reported to be lower. Stecks are held to necessitate ownership of an increasing nume as the French alcohol mono- textiles, metallurgical goods, con pleture, declared Fleming, director of Not all monopolles are us profit covering mont other things, in every phase of production for the

on the Curb Exchange were irregular. ber of undertakings. It is obvious

films. The Bonds were quiet with, movements that private enterprise looking for poly. But it has to be remember briquettes, copper, sulphur, cella- many other adventure prot wants to build railways ed that they are not always ex-lose, china: chemicals, petroleum nation of the book prepared by irregular. Wheat was dull but stendy.

John Lee Mahis has been faithful to which will be rennomleally profit pected to yield ensh revenne. products, electrical power. Pri- the spirit of the original even to the able. The country

8. C. and P. New York office cables: to pay vale enterprise, provided it is extent of actual excerpts from dialogue whole. Their role is sometimes แฟ แ however, has also to think of thefe dividends in a greater feels Turkish, will be allowed to partinni devcriptions of action. When I Stocks: Stocks were moderately strategic considerations when the ing of security. Apurt altogether cipate in most—perhajie all-of read the Instructions for scenes I tried higher in a dull arasion.

Nevertheless, to follow risk of invasion exists. Govern from the exigencies, of national these industries."

what Stevenson defence,

governments are often lack of capital will result in many wrote, rather than to make a motion ments must therefore control, de

Cotton: Textiles were active with į picture version based purely on the firm prices. Spinners were more in- at least supervise, the bullding of forced into business owing to the of them being actually State mono- caffronils.

clined to "spot" buying, based on the, Similarly, civil airticulty of Anding private capital pulien, at any rate for a consider action. In settings, we were confront-

their transport is in general not yet for attractive investments, Among able period. It would be easy to with a situation that made atten-close of foreign markets a

tion to detail imperative. Mention main support, paying proposition. But it plays the poorer countries, the State is continue indefinitely this recital the "interior of the appel barrel," a vital pari la the organisation of generally the only considerable of State monopolies, but for one "The Stuckade", "finding the treasure", Grains; Wheat; Scattered realising defence. Therefore governments capitalist in the country, This fact that

the adventure Hispaniola" to checked advances. The situation here must either subsidise it or run fact is largely responsible for the never yet been made fully avail- most anyone who has rend the story appears sufficiently balanced to it themselves. The former altern. 18t-War extension of the State able, This does not appear to be and he can give you an exact descrip.der the price trend dependent largely atiye is increasingly leading to the monopoly system in many lands, due in any way to a wish to con tion from his personal impressions. on foreign markets. During the Week We have tried to achieve an "ideal" there was a visible decrease of 2,933,- fatter as, for instance, De France, Thus, when Mustapha Kemal eam ea. It is the result merely of

900 bushels Corn: Weather pro- where after years of subsidiatr. to power in Turkey he was faced a lack of curiosity on the part of design in each set that will seern

Camiliar NK childhood memarier,pects are expected to Increase feed-; the airlines how now heen cen- with the alternative either of in the public. The subject is, how "Design of costumes has followed the ing and retard the movement of trallard into a single company viting foreign enpitalists to bulld ever, so interesting and withat so popular conception of pirate garb with beral purchases. The Argentine luns under Government anspices. To the endlways which he considered vitally important to a right under- a simplicity that will make them seem

reported a visible decrease of 908,000 bushels. day, the

The are necessary for the country's evon-standing of the present economic real and take away any curic elvil air services

professional' element world either State-owned or under mare omie development, or of building and social trends of the

Other technicalities

was benrish. or less strict Government control, them under government auspices, that B is to be hoped one of th. practically they out Europe He chose the latter method. Ingrest Investigating organisations, Sational defence needs, however, 1923, Diere were 4,486 kilometres will see fit to allocate funds for far beyond tennsport. Thus of railway track in Turkey, of the purpose of making a thorough France has established a meno. which 1.74 kilometres belonged tod inquiry.

Ko

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the statistics

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SEE

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COMMENCING SATURDAY

have

per

***.

himself

of

of the pieture such as firearms, cut- Bow-Jones Averages:

asses, cannons and, other Items in pirate life were prepared under the supervision of Dwight Franklia who

is considered to be America's lending 30 Industrial pirate authority and formerly with 20 Ralis

.

Dec. 22. Dec. 24.

09.72

100.60 36.41 36.57 17,00

17.28 P6.10 05.14 40,63

60.14

17 Leading Stocks

Dec. 24.

#74

103%

the Museum of the City of New York." 20 Utilities All there elements enter into Fleming's | 49 Bonds direction in which he says there has 11 Commodity been constant fidelity to Stevenson, The author's influence, he maintains to be all important In renching the rending public, and those who are not familiar with the story will enjoy Amer. Can one of literature's greatest thrills on Amer, Smelt. The perfe One of the most wonder- | Am. T. & T. Fat casts of the year stars Wallner Auburn Beery as Long John Silver, and inekle Case .......... Cooper us Jiin Hawkins, boy adven- | Du Pont turer in situations that even surpassi 15. Bo, & Sh. the appeal their work together in Sen. Motors "The ("hamp," Lionel Barrymore plays | Int. T. & T. Bill Bones, with Otto Kruger, Lewis Mintyre Stone. Nigel Bever, "Chie" Sale and Montgomery Wand drzens of other character players in Nat, Distillers sumpartint roles.

"Aunt Sally"

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are a Widow" is the grandest to come out joy to behold, "The Merry of Hollywood in a long long time.

"Dames"

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Warner Bros. created the mation picture musical. it is natural, there- fore, that these same producers should have created “Dames," the most spec- tacular and certainly the must gorge

Aunt Sally" is a bright and snappy picture which combines an excerdingly entertaining mixture of song, dance and spectacle, with lively duclogue. Cicely Cunrtneidge is the star of this ndinirable mixtufe, framed for fun and jollity which moves plong at a dancing tempo, and right well dues she piny her role. Her, irresistible: foolery, whether as a cod" French artiste, a servant maid, or when she fake part in the rough and tamble of an. Apache dance, in undoubtedly the finest work ale has yet given us in films. fier vitality is amazing in aus entertainment of its kind ever apart ranging from burlesque to screened. It overteps even their own knockabout, and her personality im- | "42nd Streel," "Wonder Bar" and "20 presses its stamp on everything the Million Sweethearts." "Dames" does. As to the story, that scarcely more than a musleul; it is the most seems to matter when Cicely's on the lavishly staged spectacle imaginable.. serven, but it is concerned with her is more than a musical spectacle; ingenious nover-say-die efforts to be- it is a miracle of camera mechanics come enbaret star. In support are and stage mechanism. It has a real Sam Hardy, who came all the way plat; more beautiful girls and highly from America to play his role of the night club king: Hartley Power and Ben Weldon as gangsters; and Billy Milton, Phyllis Clare und Tabby Cipin. Tim Whelan directed.

"The Merry Widow"

Un

ia

trained dancers thun ave ever been gathered in any one motion picture: it has six song hits; it has six of the doubtedly, one of the finest pieces of Fereen's leading stars. It is,

entertainment that has ever come to the Alhambra, where it will open on Resplendent in its strikingly beauti-Powell, and Ruby Keeler head the all- Now Year Day. Joan Blondell, Dick ful settings and costumes, filled to the star cast, which includes Zasu Pilts, brim with sly, ingratiating humour, Guy Kibber and Hugh Herbert, the telling a romantic tale that cannot three leading comedians of the screen. fail to delight every onlooker, and Busby Berkeley was responsible for echoing the

never-to-be-forgotten spectacular dance numbers which real melodies of Franz Leher, "The Merry y buffle description. Three hundred Widow" will come on Saturday in dancing girls, cavorting to the Queen's Theatre as one of the music, on

entchy most glorious fin treats ever offered that move in many directions, with mechanleal contrivances by the Metro-Goldwyn-Mayer studies. remarkable innovations in camera With a cast that could not be im angles, make the numbers as unique proved upon and the superb direction and sensational as they are intriguing, of Emst Lubitch this picture Boats and beautiful. along like a labble of therriment to tell its story of the debonair bringe and the bewitching widow whom he waltzes away to romance amid the

"Caravan," Erik Charell's nocturnat delights of gay Vienna and and spectacular musical romance now Paris. Maurice Chevalier and Jean showing at the Ring's Theatre, bus hette MacDonald have never enjoyed its setting in the Tokay district of realer trimply. They sing the Lehar Europe during the grape harvest. songs as they have hever been sung larvest scenes, therefore, are natural. efore, backgrounded by a magnificently important in the film, and big symphony orchestra. Unu Merkel vineyard was built as one of the sets, and George Barbier help in the Churfen Boyer, Continental favourite. Humorous scenes and the eye-filling Loretta Young and Jean Parker have dance and Albertina Rasch bullets the chief roles In "Caravan,”

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Warm hourla

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·HED SPARKS SIDNEY FOX SIDNEY BLACKMER Directed by PAUL SLOANE Pandro S. Besman, executive producer.

SWAN, CULBERTSON & FRITZ.

Investment bankers and brokers in securities and commodities Daily New York and London Stock Exchange Service. Commodity Futures on the principal American markete

Members of:

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Telephone: 30244, 30245, 30246. Cable Address: Swanstock..

9, Queen's Road Central

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By Blosser

WITH THE

COMPLIMENTS

OF THE

SEASON

from

KOMOR & KOMOR

Chater Road.

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WHAT'LL WE DO, CHARLIE ?

WE CAN'T RUN ANYWHERE.

BECAUSE THE WHOLE

ISLAND IS ON

PIRE!!

THE RIVER'S TOO FAST! WE'D NEVER MAKE

IT"

CAN'T!

WE SWIM

THE RIVER 2

THE SMOKE'S- CHOKING ME,

ALREADY

PULL A FEW OF THESE DRY WEEDS, AND DON'T ASK. ANY QUESTIONS...

JUST HURRY!

WHY, THEY'RE HOLLOW ON THE INSIDE

CLIMB OFF THE BANK INTO THE RIVER AND GET BEHIND A ROCK, WHERE THE. CURRENT WON'T HIT YOU..THEN PUT A WEED IN YOUR MOUTH, AND BREATHE THROUGH

IT !!

BUT, WON'T WE BREATHE IN SMOKE, JUST

THE SAME'

SMOKE RISES.IT WON'T BE CLOSE TO THE SURFACE OF 'THE WATER! HERE' COMES THE FIRS BETTER JUMP!!

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