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. Cleveland. 8.00 a.m. Mar. 26 Pres. Coolidge ..10.00 a.m. Apr. 3 Pres. Taft
8.00 am. Apr. 21 Pres. Hoover......Noon May 1 Pres. Lincoln... 8.00 s.m. May 19 Pres. Coolidge ....Noon May 29
EUROPE, NEW YORK AND - BOSTON Via Manila, Singapore, Colombo, Bombay, Suez, Port Said, Naples, Genoa and Marseilles Pres. Wilson .. 6.00 p.m. Mar. 10 Pres. Monroe 8.00 am. Mar. 17 Pres. Adams 8,00 am. Mar. 28 Pres. Harrison 8.00 a.m. Apr. 11 Pres. Polk
8.00 a.m. Apr. 25 Pres. Pierce 8.00 a.m. May 9
TO SEATTLE, VICTORIA THE EXPRESS ROUTE” Fia Shanghai, Kobe and
"Yokohama
Pres. McKinley Midnight Mar. 14 Pres. Grant ...Midnight Mar. 26 Pres. Jackson...Midnight Apr. 9 Pres. "Jefferson. Midnight Apr. 23 Pres. McKinley Midnight May 7 Pres. Grant Midnight May 21
•
TO MANILA
THE MOST FREQUENT SERVICE
NEXT SAILINGS Pres. Wilson. 6.00 p.m. Mar. 10 Pres. Monroe 8.00 am. Mar. 17 Mar 18 Pres. Cleveland .Noon" Pres. Grant 6.00 p.m. Mar. 20 Pres. Coolidge 9.00 p.m. Mar. 26- Pres. Adams.. 8.00 am. Mar. 28
BOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
THE 1937
DOLLAR DIRECTORY
NOW ON SALE
PLACE YOUR ORDER WITH
NEWSPAPER ENTERPRISE, LTD.,
3A, WYNDHAM STREET.
THE CHINA MAIL, MARCH 10, 1937.
FACTORIES IN
S. WALES
MR. ERNEST BROWN'S STATEMENT
London, To-day.
In a speech in which he explain- ed and defended the Government's proposals for the amendment and extension of the special measures of rehabilitation already applied! to regions where particularly se- vere unemployment, obtains, the Minister of Labour, Mr. Brown, was able to announce in the Com- mons a number of hopeful deve- lopments along the line which the Government is hoping to encour age, namely, the establishment of the new lighter industries, offering a broader basis for employment.
He informed the 'House in South Wales, for example, one firm was arranging to set up a glass factory and another firm a biscuit factory. while a sewing machine factory at Merthyr, an engineering works at Aberdare, and a reinforced con- crete factory at Port Talbot were also planned.
COAL TO PETROL Negotiations had also been pro- the Government, ceeding between
LOCAL SHARE MARKET
Following is the list of changes and enquiries in local share quotations this
BANKS
Bank of East a $85
INSURANCES:
Union Ins. $627 b., $620
SHIPPING Douglases $33 b
HK Steamboats: $93á
“DOCKS," WHARVES, GODOWNS,
ETC.
H. K. and W. Wharves $115 b
$116 să
H K and W. Docks $256 sa Providents (Old) $2 sa. -
MINING
Raubs $134 b.
LANDS, HOTELS & BLDGS. H. K. and S. Hotels $620. bi, $6.30
Sg $614 $8. HK. Lands $34 b., X. Div. $3414: 38r
PUBLIC UTILITIES Peak Trams (Old). $43⁄41⁄44 b. Star Ferries $86 b.
China Lights (Old) $147.20`sa, H. K. Electrics-$59.50 b, $59 sa. Sandakan Lights $114 b. Telephones (Old) $2914 b. Telephones (New) $1160 b.
INDUSTRIALS
Cements $11.85- sa. H. K. Ropes $3 b.
STORES, &C. Dairy Farms $25 b. Watsons $4.60 b. Lane, Crawfords 361⁄2 b.
COTTON MILLS Shanghai Cottons (Old) Sh.$105 b Shanghai Cottons (New) Sh.$80 b MISCELLANEOUS Constructions (New) 421⁄2 cts. b.
Opening B. Sa
10a.m.
the Nuffield Trustees and Low Antamoks
Atoks Temperature Carbonisation Ltd.
Baguio Gold for the establishment of a "Coa-Balatoc Mining lite" Low Temperature Carbonisa- Benguet Consol tion plant on the Southern out-Benguet Explor. crop of the South Wales Coalfield Big Wedge Coco Grove and they had reached a point
Consolidated Mines which will enable a large plant to Demonstrations be erected by co-operation between E. Mindanao the three parties provided propos-Gumaus G'field
Ipo Gold ed new legislation was passed.
LX L
in Pesos C.
1.40
.40
27
·142
-14
155
31
.65
.045
$89
.32
25
.28
1.30 1.40
41
39
13.
Paracale Gumans
64
280
37
The total capital involved. in Itogons
these six new undertakings. in Masbate Consol. South Wales would be about £10,- Min. Resources 000,000 and they would ultimately Northern Mining give employment to 3,000 people.
·ROYAL COMMISSION
Mr. Ernest Brown also annou
Salacot Mining
San Mauricio
Suyoc Consol
£90
LOCAL DOLLAR
ced that the Government proposed United Paracales to appoint a Royal Commission to make an authoritative and compre- hensive study of the problems rais- ed by the southwards drift of in- dustry and of the question of the location of industry as a whole. British Wireless.,
THE TAIKOO DOCKYARD & ENGINEERING COMPANY
OF HONG KONG, LIMITED
BUILDERS OF ALL CLASSES OF SHIPS.
BUILDERS OF RECIPROCATING STEAM ENGINES.
BUILDERS OF MARINE AND LAND BOILERS.
BUILDERS OF TURBINE MACHINERY.
Under License From Messrs. Parsons.
BUILDERS OF DIESEL ENGINES.
Under Special License From Messrs. Sulzer Bros.
Licensed To Manufacture Lanz Perlit Iron, Specially Suitable
For Internal Combustion Engine Working Parts.
DOCK & SLIPWAYS
FOR DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS, ON ANY TIDE
ALL CLASSES OF SHIP ENGINE AND BOILER KEX TALKS ANTY EXTENSIVE
WELDING BOTH ELECTRICAL AND OXY-ACETYLENE, SKILFULLY AND
PROMPTLY CARRIED OUT
Tel Address :
Telephone No
Call Flag: “Numeral
Hong Kong.
BUTTERFIELD & SWIRE, Agents
Sharp Fall In Silver Price
The local dollar is steady, ing on demand this morning 1/2-27/32
C.
"Spot" silver was quoted at 20- 7/16 and forward," at 20-7/16.
The London on New York cross- rate was quoted at £ US$4.8835.
Sugar Quota To Go
Amsterdam, To-day. Abolition of the import quotas for unrefined and white sugar into the Netherlands is expected to be announ ced within a few days.
The quota system was introduced in November last year for a provisional period of six months, with the object. of preventing the accumulation in the Netherlands of unduly large stocks of sugar-Trans-Ocean.
SINGAPORE RAW RUBBER
Messrs. H B. Joseph & Co, Te- ceived the following quotations from Singapore in Straits Currency for Raw Rubber
Spot 37-% b. Up %.
Apr/June 38-8 b. Up 8. July/Sept. 38-% b. Up 4.
Oct/Dec. 38% b. Up 1⁄44..
Market Manufacturers Buying.
The
BI
will
leave for Singapore, Port Swetten- ham, Penang Rangoon and Calcutta
Saturday at 10:30 am