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AND BOSTON
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TO SEATTLE VICTORIA "THE EXPRESS ROUTE” Via Shanghai, Kobe and *Yokohama
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May 1 Pres. McKinley May 19 Pres. Grant
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EUROPE, NEW YORK AND BOSTON Via Manila, Singapore, Colombo, Bombay, Suez, Port Said, Naples, Genoa and Marseilles
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Mar. 13
Mar. 277
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TO MANILA THE MOST FREQUENT SERVICE
NEXT SAILINGS
Pres. Hoover ....800 am. Feb. 28)
Mar. 5 Mar. 6
.Mar. ད་
Mar. 6
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WORLD'S GREATEST - TRAVEL · SYSTEM
EMPRESS OF ASIA
SAILS FOR VANCOUVER via SHANGHAL JAPAN
AT NOON
WEDNESDAY, MARCH 10th.
WORLD CRUISING
EMPRESS OF BRITAIN
sails for Shanghai (Woosung) Chinwangtao, Beppu, Kobe, Yokohama, Honolulu, San Francisco, Los Angeles, through Panama Canal, New York and Southampton.
AT 8.30 PM.
THURSDAY, MARCH 25th
EMPRESS OF CANADA
Sails for MAMLA
FRIDAY, MARCH 12th
For
Apply
Own Agent Or
CanadianCacific
THE CHINA MAIL, FEBRUARY 25, 1937.
LOCAL SHARE MARKET
Following is the list of changes and enquiries in local share quotations this morning:
BANKS
NEW YORK SHARE MARKET
Thite Weld & Company, respondents
Levy & Company
Stocks In rails, we feel that
Hong Kong Bank $1860 b. $1865 sa purchases of Southern Pacific and Bank of East Asia $84 b
Great Northern are justified at around the present levels. With re- gard to the new demands of labour on the railroads, we would
INSURANCES Union Ins. $620 d., $622/62212 sa... SHIPPING
-Douglases $33 5.
em-:
DOCKS, WHARVES, GODOWNS, -phasise that a relatively long time
ETC.
MINING
Raubs $13.10 b.
LANDS, HOTELS & BLDGS. H. and S. Hotels $5 b. Marsmans Fong Kong. 10/- s..
PUBLIC UTILITIES
H. K. Tramways $13.30 b., $13.30 sa. Peak Trams. (Old) $4 b. Star Ferries $82 b. H. K. Electrics $5734 6.
INDUSTRIALS
STORES, &C. Dairy Farms $231⁄2 b.
COTTON, MILLS
Shanghai Cotton (Old) Sh$100 a Shanghai Cottons (New) Sh$75 3.
MISCELLANEOUS Constructions (New) 40 cts. b.
Opening B.
Antamoks
Atoks
102.m in Pesos
1.50
.46
Baguio Gold
29
Balatoc Mining
14
Benguet Consol
13
Benguet Explor
.18
Big Wedre.
:34
Coco Grove
.76
Consolidated Mines .047
Demonstrations
.90
E. Mindanao
Gumaus G'field
Ipo Gold
LX L
1.45
Itogons
145
Masbate Consol.
.44
Min Resources
41
Northern Mining
.14.
Paracale Gurnaus
74
Salacot-Mining
LOTY
3.05. 47 1.15
San Mauricio Sayoc Consol. United Paracales
C.
LOCAL DOLLAR
Silver Prices Steady
is required in this field for any new wage and consequent rate ad- justments to make themselves felt We, therefore, feel that the labour situation is not a threat for the pre- sent and, meanwhile, there is excellent outlook for an increase in the volume of freight.
ал
In the industrial section of the market, while there has been increase in crude oil stocks, the statistical position of oils is still strong at the present price. Copper stocks are not yet reflecting the increase in the price of the metal, hence we would still buy Anaconda, We feel that Montgomery, Ward Sa is very attractive at around these Clevels, while farm equipment and electrical equipment shares also offer good opportunities. Purchases of Allis-Chalmers are also warrant- ed, especially in view of the large potential demand from utility com panies, which will require near-term satisfaction.
L
Taking the situation generally, while the labour threat still remains, we continue to feel that the pre- sent depressing effect of this and the various political uncertainties affords for the time being an op- portunity to build up a long posi- tion in selective issues.
Business done-2,080,000 shares. Cotton: The market is acting bet-- ter and is showing a tendency to harden. There was further, heavy arbitrage buying, based on the strength of the foreign markets. We would buy for July, without over- reaching.
SINGAPORE RAW RUBBER Messrs. H. B. Joseph and Co., receiv The local dollár is steady, opened the following quotations from Sin- ing оп demand this morn-gapore in Straits Currency for Raw ing at 1/2-27/32.
Rubber:
Buyers
36% Up
36% Up
36% Up 26% Up: 14
Market: Firmer
"Spot" silver, was quoted at 20 Spot 1/16 and "forward," at 20-1/16. March
The London on New York cross-Apr/June July/Sept. rate was quoted at £U.S.$4.889.
Lloyd
NEXT SAILING
Conte Verde for Shanghai
6th Mar
SPECIAL RETURN TICKETS Validity 100 days at greatly reduced cost allowing 2% months stay in. Europe. Special concessions to 1st: and 2nd class travellers to London.
Genoa and Return.
£88, £56.
Special Two Months Round Trip Tickets At Reduced Rates
TO BOMBAY
COLOMBO
SINGAPORE
SHANGHAI
$44 241 $22
£18 $12
£13 £9
$21
613