PRESIDENT LINERS
are
LUXURY LINERS
Famed for a Splendid Cuisine
TO SAN FRANCISCO: LOS ANGELES, NEW YORK, AND BOSTON -.
Via Shanghai, Kobe, Yokohama
and Honolulu
Pres. Hoover Pres. Cleveland
TO-SEATTLE VICTORIA "THE EXPRESS ROUTE” Via Shanghai, Kobe and Yokohama
Pres. McKinley Pres. Grant
Mar 6
.Mar. 13
Mar. 24
Mar. 27
.Apr. 3
Pres. Jackson
.Apr. 10
.Apr. 21
Pres. Jefferson
Apr. 24
May 1
Pres. McKinley
May 8
May 19
Pres. Grant
.May 22
Pres. Coolidge
Pres. Taft Pres. Hoover Pres. Lincoln
EUROPË, NEW YORK AND BOSTON Via Manila, Singapore, Colombo, Bombay, Suez, Port Said, Naples, "Genoa and
Marseilles ..
Pres. Wilson Pres. Hayes
Pres. Monroe Pres. Adams Pres. Harrison Pres. Polk
Mar. 3 Mar. 1
TO. MANILA THE MOST FREQUENT
SERVICE
NEXT SAILINGS
Pres. Hoover.
Feb. 26
Pres. Wilson
Mar. 3
.Mar. 14
Pres. Hayes.
Mar. 1
Mar. 28 Pres. McKinley
Mar. 6
.Apr. 11 Pres. Monroe
Mar. 14
Apr. 25 Pres. Cleveland
Mar. 17
THE CHINA MAIL, FEBRUARY 16, 1937.
BIG STUDEBAKER PROFITS
LOCAL SHARE
MARKET
Following, is the list of changes enquiries in local snare quotation morning-
BANKS
Hong Kong Bank Cum. Div. S. Hong Kong (Lon. Reg.) X Dir Bank of East Asia $85 bi
- INSURANCES Union Ins. $620:sa.
SHIPPING
Remarkable Return For 1936
Studebaker Corporation will show a 1936 net profit from operations, before year-end adjustments, in ex- cess of $1,750,000 after all charges including depreciation, interest and normal, federal income taxes,: 20- cording to the Wall Street Journal Providents (Old) $1 s, $1.72/This will equal better than 80 cents
Douglases $32 b.
DOCKS, WHARVES, GODOWNS,
14 sa..
ETC.
MINING
Raubs $134 sa.
LANDS, HOTELS & BLDGS. H. and S. Hotels $5% 5. H. K. Lands $36 sa. Humphreys $91 s.
H. K. Realties $470 b.
PUBLIC UTILITIES
H. K. Tramways $13 b, $134 sa Peak Trams (Öld) $4 b.
China Lights (Old) $13.70 b., $13.85
sa.
H. K. Electrics $55 b., $56 58. Telephones (Old) $30 sa.
INDUSTRIALS
Cements $10.85 b.
STORES, &C. Dairy Farms $23.10 s. $23 sa-
COTTON MILLS
Ewo Cottons Sh.$16.105. Shanghai Cottons (Old) Sh.598 b. Shangha Cottons (New) Sh.$70
MISCELLANEOUS Constructions (New) 40 cts. b. Vibro Piling $5 bl Wallace Harpers $4 s.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
Antamoks Atoks Baguio Gold
Balatoc Mining
CANADIAN PACIFIC
WORLD'S GREATEST · TRAVEL · SYSTEM
EMPRESS of JAPAN
EMPRESS of ASIA-
EMPRESS of CANADA EMPRESS of RUSSIA
Maintain a regular service to Vancouver Empress of Japan and Empress of Canada sail via Honolulu and Empress of Asia and Empress of Russia via the direct express route.
Air Conditioned sleeping cars and observation cars on all
Trans-Continental Trains.
COOL
QUIET
COMFORTABLE
Air is cleaned, dehumidified, constantly-freshened and kept at a uniform temperatni
EMPRESS OF JAPAN
SAILS FOR VANCOUVER via SHANGHAI JAPAN
& HONOLULU,
AT NOON
TUESDAY, FEBRUARY 23rd.
For Information Apply To Your Own Agent Or
Canadian Pacific
PANS THE-WORLD > =
Tel. 20752
1.53 ,52
La share on 2,159,717 shares of capit-
al stock outstanding.
From March 10, 1955, when the present company started operations, to December 31, 1935, Studebaker lost $1,975.622.
Present indications are that the company will gain from the year- end adjustments, possibly enough to |bring its year's net close to $2,000,- 000. The year's production is like- |ly to hit 91,000 units.
Despite more cash in inventories and rising receivables, Studebaker will finish the year with about |$2,000,000 more cash and
$4,000,000 more working capital b.than a year ago.
in Pesos Opening
10 a.m.
Currency Sales Local
1.55
.48
30
1414
Benguet Consol.
14
Benguet Explor
.19
Big Wedge
.34
Coco Grove
.79
Consolidated Mines
:05
.08
Demonstrations
.93
E. Mindanao
37
Gumans Gfield
32V
Ipo Gold
321⁄2 X. Div.
I I L
1.50
Itogons
1.65
Masbate Consol.
47
Min Resources
~434
Northern-Mining
1514
Paracale Gumaus
.73
Salacot Mining
.08
San Mauricio: Sayoe Consol United Paracales 1.35.
3.15
.49
LOCAL DOLLAR
Silver Prices Unchanged
The local dollar is steady, open- ing on demand this morning at 1/2- 27.32m
some
EXPLOITATION OF ABYSSINIA
COCOA PLANTING
Milan, To-day.
The growing of cocoa is the lat est Italian proposal for the econo- mic development of Ethiopia.
The proposal has been submitted to the Ministry of Colonies by a syndicate of chocolate manufac- turers, who say that the Lake Kalla region and part of the plateau slop ling down to the Sudan are climati cally suited for cultivation of cocoa
The syndicate draws aftention to the successful cultivation of cocos by the British on the Gold Coast and stresses the importance of the Italian chocolate industry becoming independent of foreign raw ma- terials as soon as possible.T Ocean.
SINGAPORE RAW RUBBER
ceived
Messrs. H. B. the
for Raw Rubber:
Co., re quotations
"Spot" silver was quoted at 20 from Singapore in Straits Currency
and forward” at 20-%- The Landon on New York cross-
rate was quoted at US.$4.89% Spot while the New York on London March cross-rate was quoted at US$4.89-9/16.
S.S.
Apr/June July/Sept
Market: Quiet.
Buyers
35% Down
36% Down
36% Down
36% Down
"CONTE ROSSO
expected to arrive here
FEBRUARY 17. 1937, 9 A.M.
and sails for
Italy via
Saigon, Singapore, Penang, Colombo, Bombay, Massowah & Port Said.
FEBRUARY 18, 1937, 9 AM
LLOYD TRIESTINO
PO Box 143 Tel Add Lloydiano" - Telephones Nos.
Canton Agents DODWELL & CO., LTD.