DOLLAR • STEAMSHIP • LINES AMERICAN MAIL-LINE * FASTEST TIME
ACROSS THE PACIFIC
HONG KONG to SAN FRANCISCO
15 DAYS
S.S. PRESIDENT COOLIDGE
Sailing
MIDNIGHT, JUNE 3rd
BOLLAR STEAMSHIP LINES AMERICAN MAIL LINK
WILWAY LOKES
12 Pedder Building, Hong Kong
Canton Branch, 21 French Concession, Shameen.
6 DAYS
IO DAYS
5 DAYS
GoEMPRESS to America, Europe
NOTHING TO GAIN
FROM WAR
THE CHINA MAIL, MAY 28, 1937.
LOCAL SHARES
BRITISH POLICY
SES
POWER DAYS NOT OVER
"We have nothing to gain and more to lose from war than any other human · organisation ever formed," said Mr. Winston Chur- chill, in the third of a series broadcast talks on "Responsibilities of Empire." -
of
"Never will the power of the Bri- tish Empire be used in any quarrel or for any purpose not permitted, or, indeed, enjoined, by the Cove- nant of the League of Nations, he continued.
+
"We look forward confidently to the day when the authority of all nations meeting at Geneva will be respected by all States and Govern- ments. We mean to do our part to bring about that supreme re- sult."
The days of sea power were not ended. On the contrary, it might well be that the development of air- craft used in conjunction with ships would give such accurate in- formation to the stronger fleet as would make its superiority even more decisive.
Singapore Base No Menace Mr. Churchill referred to the im- portance of the development of naval bases. He added:·
.
Following is the list of changes and cies in local share quotations this
BANKS
Hong Kong Bank $1930 b., $1950 s. Bank of East Asia 194 b.
INSURANCES
Union Ins. $622 b.
China Underwriters $2.05 b.
SHIPPING
Indo-Chinas (Pref.) $50 b. DOCKS, WHARVES, GODOWNS, ETC.
H. K. and K. Wharves: $119 ́b. H. K. and W. Docks' $80′′b. Providents (Old) $2.15TM b
MINING
Raubs $12.80 s. 1/
LANDS, HOTELS & BLDGS.. H. K. and S. Hotels $7.10.b. H. K. Lands $351⁄4ˆ b.
PUBLIC UTILITIES- Peak Trams' (Old) $4 b. Peak Trams (New) $11⁄4 b. Star Ferries $85. b.
Yaumati Ferries $25. China Lights (Old) $14,15 ga H. K. Electrics $60% › b. Macao Electrics $181⁄21⁄2 b. ̈ Telephones (Old) $291⁄4 b Telephones (New) $11.90 b.
INDUSTRIALS
Cements $15 b. H. K. Ropes $5.20 b.
STORES, &C. Dairy Farms $25 b. Watsons $4.70 ́ ́b., $4.80 sa: Wm. Powell, Ltd. 35 cts. b..
COTTON MILLS Shanghai Cottons (Old) Sh$117% MISCELLANEOUS Constructions (New) 45 cts. b. H. K. Govt. 4% Loan $81⁄2% prm.
sa.
Stock
Antamoks Atoks Baguio Gold Balatoc Mining Benguet Consol. Benguet Explor
"The great fortified harbour Big Wedge which we have been so long mak- Coco Grove
Demonstrations
ing and arming at Singapore men- Consolidated Mines
po Gold
aces no country. It in no way E. Mindanao menaces our-old friend and former Gumaus G'field ally, Japan. It is, in fact, as far from Japanese as Southampton is from New York.
:
I. X. L. Itogons Masbate Consol. "On the other hand, it will serve Min. Resources
Northern Mining as a vital stepping-stone to enable Paracale Gumaus the Mother Country to keep her con- Salacot Mining tact with Australia and New Zea-San Mauricio land, and to come to their aid if ever Suyoc Consol. they were
United Paracales in peril.
"In the s same way the naval base at Cape Town, which the Union Government of South Africa is ac- tively strengthening, enables the British Fleet to preserve the means of entering the Indian Ocean în ad- dition to the main route we keep open through the Mediterranean.
Opening
10 a.m.
in Pesos
1.05
.31
.20
11.75
.11.00
.12.
.23
.57
DOLLAR RATE
.024:
.69
.23
.15%-
.19-
.78
.95
28-
2475
.08.12-
2371⁄2
..04
1.95
*79
London Silver Prices
The demand rate of the Hong "Thus there is no reason, if all Kong dollar this morning was 1/2- the necessary measures are taken, 125/32.
Navy to defend the communications which unite the Empire."
5/16 and "forward," at 20-3/8.
Empress
of
Hong Kong
Leave
Shang-
hai
Naga-
saki..
Kobe
Arrive
Leave
Leave
Toko-
Van- hama Honolulu couver
Victoria Leave Leave
-Arrive
Japan June 11 June 13
June 16 June 18 June 24 June 29 to doubt the capacity of the British "Spot" silver was quoted at 20- Asia June 25 June 27 June 29 July 1 July 3
July 12 Canada July 9 July 11
14 July 16 July 23 July 28 July Russia July 23 July 25 July 27 July 29 July 31
Aug. 9 Japan Aug. 6 Ang. 8
Aug. 11 Aug. 13 Aug. 19 Aug. 24 Asia Aug. 17 Aug. 19 Aug. 21 Aug. 23 Aug. 25 Sept. 1 Sept. 7 Canada Sept. 3 Sept. 5
Sept- 8 Sept. 10 Sept. 17 Sept. 22
TO MANILA
EMPRESS OF JAPAN JUNE 4th
information from Passenger & Freight Offices
Union Building, Hong Kong
Telephones: Passenger 20752-Freight 20042.
·Canton Agents, Jardine Matheson & Co., Ltd.
Canadian Pacific
Give English Their Daily Bath
One of the instructions for Kind- ness
in
Week, now Paris, is "givé
in progress English-
The London on New York-cross- rate was quoted at £U.S.$4.9415 and the New York on London cross- rate at £-U.S.$4.941⁄4%.
Butes
Shanghai Rubber
Shares
men their daily bath!" The in- structions point out that French Anglo Javas citizens must be clean, tidy, and on Consolidated their best behaviour for the Inter- Java Consolidated national: Exhibition.
Kroewoeks Rubber Trusts Klebangs Sua Manggis Tanah Merahs Tebongs
It is stated that among the foreigners visiting Paris, there will be English, who take baths every day; Americans, who change their. shirts every day; Italians, who are fined if they walk about in torn clothes; Dutch, who shine like cas- seroles; and Germans, who are po- lished like swords.
Returning to his master's rice shop at about 11 p.m. yesterday, Yeung Wan-kee was attacked by two robbers, who threw pepper into his face and escaped with a sum of $18.54 which they extracted from his pocket.
27.5.37
14.90
14.80
4.85
2.30
. 1.08
3.50
Nominal
1.72
2.35
1.05
Singapore Raw Rubber
Messrs. H. B. Joseph & Co., have received the following quotations from Singapore in Straits Currency for Raw Rubber:
Spot 34- b-down 1⁄2, Jan./March 35-% b. down 4- July/Sept. 35 b. down 3⁄44. Oct./Dec. 35–% b. down 4. Market: Quiet.