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NEXT SAILINGS
Pres. Grant. .6.00 p.m. May 17 Pres. Van Buren 8.00 a.m, May 23 Pres. Coolidge ..9.00 p.m., May 27 Pres. Jackson ...6.00 p.m. May 29
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Ĉ DAYS
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THE CHINA MAIL, MAY 15, 1937.
THIS WEEK ON THE LOCAL
SHARE MARKET
SHANTUNG IRON PLANS
The $20,000,000 Shantung Industrial Development Corporation, with its head Messrs. G. A. Harriman and Co.'s office in Tsinan, is making plans to ́establish an iron works at Linchi in share report and market review southern, Shantung, where Immense issued at noon to-day states:
iron deposits are found
This being Coronation week,ceived by the Ministry
The project, according to word re- of Industry business, and especially that of from Tsinan, is designed to place the stocks and shares has been almost supply of iron in Shantung on a self- entirely eclipsed by the Empire-supporting basis. wide celebrations. So we have but With the formation of the proposed little to write about what can at iron works, it is hoped, a check may, be placed on the heavy drain on the pro- best be described as а dormant
vincial treasury for the purchase of market.
large supplies of iron and steel whose usual prices have been sky-rocketing owing to their large demand for armament expansion in the international market.
Manila has had its now
MANCHUKUO KEY
INDUSTRIES -
B
ups and downs, with the "downs"
the "ups," slightly out-doing
So The Corporation, it is learned, is also that over the week quotations are contemplating the construction of
railway, measuring forty Chinese li, to again lower.
link up Taian with the Tientsin-Pukow Small business has been tran-line at Tsingyao. The line will be built sacted in "lighting" shares
to expedite the transportation of coal with
from the Huapao Coal Mines to the sales reported in Electrics at $60% outside. and $61 and China Lights (old) at $14.40 and the "New" at $14. Trams have been a firm spot up to $15. The huge crowds using this form of transport must have improved this week's receipts to almost re- cord proportions. It is quite evi- dent too that the electric supply companies are benefitting consider- "Manchukuo's" key industries have ably from the Coronation.- Tele-been placed under a rigid state control. phones (old) are wanted at 29,60 by a law promulgated recently.
Under the terms of the ordinance, the and the New remain around $122. management of all important indus- Star Ferries, in spite of the enor-tries was placed under a license system. mous traffic they must be carrying The key industries which will hence- are available at 386 and Yaumati forth be controlled by the Government include: manufacture of arms, ammuni- Ferries are nominlly $26. We im-tion, aircraft, automobiles, liquid fuel, agine buying attention will be iron, steel, aluminium, magnesium directed to our utility shares after lead, zinc, gold and silver. the holidays.
Cements are $15.40 bid, sales slightly above this.
oil.
Now Controlled By State
Also to be controlled are coal mining, manufacture of woollen and cotton tex- after tiles, hemp and flax, flour milling and Dairy beer brewing, manufacture of tobacco, Farms were sold up to $25.85 and soda, fertilisers, cement matches and $26-and still have buyers at $254. Sinceres are wanted at $2.60 and |Lane Crawfords near $8.60. Ewos
are steady around Sh.$16.70 Shanghai Cottons (old) are bid.“
and around $12, on lower advices from $117 Singapore. They are affected in sympathy with the world wide de- Hotels exchanged at $7.30 and cline in all gold shares. $7.85, but at the higher figure Canton Insurances are $825, there are now small sellers. Lands Hong Kong Fires $280 buyers and China Underwriters continue steady and have buyers at Unions $620. $352. Realtys also are în enquiry are wanted at $1.50. Banks.con- at $5.90
tinue to be taken at $1865. Wharfs can be taken at $119% Philippine mining:—Only small
East and Providents (old) received sup-business is reported.
Min- port up to $2.30, business done.danaos sold at 39 cents, Consolidat- The "New" are again higher at 60 ed Mines at 4 cents and Suyocs at cents sales, and buyers. Docks 63 cents. ... have relapsed to a nominal price of couver Victoria $801⁄2 middle.
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of
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Russia: May 28 May 30
Japan June 11 June 13 Asis June 25 June 27 June 29 July Canada July 9 July 11
July Russia July 23 July 25 July 27 July Japan Aug. 6 Aug. 8
June 1 June 3 June 5 June 12 June 16 June 18 June 24
June 18
June 29
1 July 3
Aug.
11 Aug. 13 Aug, 19
July 12 14 July 16 July 23 July 28 29 July 81
Aug. 9 Aug. 24
TO MANILA
EMPRESS OF RUSSIA at Midnight, May 20th.
information from Passenger & Freight Offices
* Union Building, Hong Kong
Telephones: Passenger 20752-Freight 20042.
Canton Agents, Jardine Matheson
Co., Ltd.
Canadian Pacific
Raubs are somewhat easier at
Closing comment. Hong Kong:- quietly steady. Manila market un-
tain.
S.S. "CONTE BIANCAMANO"
EXPECTED FROM SHANGHAI
AT 7 A.M. SUNDAY
WILL BE DESPATCHED
FOR
ITALY VIA
SINGAPORE, COLOMBO, BOMBAY, AND PORT SAID
on SUNDAY, AT 5 P.M.
LLOYD TRIESTINO.
P.O. Box 148.
Canton Agents
Addr. “Lloydiano” →→→ Telephones Nos. 32982/3.
DODWELL & CO., LTD: