DOLLAR STEAMSHIP LINES
AND
AMERICAN MAIL LINE Sowe the World
́ ́PRESIDENT LINERS SAIL
FREQUENTKY += REGULARIY
SAN FRANCISCO & LOS ANGELES
Vis Kobe and Yokohama
S.S. PRESIDENT TAFT
Sails Monday, Feb. 7th 10.00 A.M.
SEATTLE AND VICTORIA
Via Kobe & Yokohama
NEW YORK & BOSTON
VIA MANILA, SINGAPORE, PENANG, COLOMBO, BOMBAY SUEZ
CANAL,
ALEXANDRIA, NAPLES,
MARSEILLES
GENOA
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
CANADIA: PACILIT
RAILWAY -LOCK
12, Pedder Street.
8 DAYS
10 DAYS
5 DAYS
GoEMPRESS to America, Europe
Hong Shang- Naga-
Empress
of
Kong
Leave
hal
Arrive
saki Kobe
Leave
Japan
Feb. 8 Feb. 10 Feb. 23 Feb. 26 Feb. 27
"Canada""Mar: ̄ ̄ ̄TM8" "Mar.10
Yoko- bama
Honolulu
Leave
Leave
&
"THE CHINA MAIL, FEBRUARY 2, 1938.
LOCAL SHARE RESTRICTION
MARKET
RANKS
Bank of East Asia $82
INSURANCES China Underwriters $1.40 H. K. Fire Ins. $235 6.
SHIPPING
Douglases $57% b.
H. K. Steamboats $11 b.
DOCKS, WHARVES, GODOWNS.
ETC.
H. K. and K. 'Wharves $117 b. H. K.-and W. Docks $28% b. Providents (Old) $2.45 b., $24 sa. Providents (New) 45 cts. b., 50 cts.
за.
MINING
Raubs $74 b. Antamoks Ps. .60 sa. Atoks Ps. .27 sa.
Baguio Gold Ps. .22% sa. Benguet Congol. Ps. 9.60 sa. Coco Grove Ps. .62 sa. Consolidated Mines Ps. .011 sa. Demonstrations Ps. 43 88. I. X. L. Ps. .69 sa. Paracale Gumaus. Ps.--26 88. San Mauricio Ps. .67 sa. Suyoc Consol. Ps. 19 sa. United Paracales Ps. .54 88.
LANDS, HOTELS & BLDGS. H. K. and S. Hotels $5,35 b., $5.60/-
70.sa.
H. K. Lands $32 b. -H. K. Realties $44 b.
PUBLIC UTILITIES
H. K. Tramways $14.65 b, Peak Trams (Old) $86% b. Peak Trams (New) $3% 8. Star Ferries $86 b. Yaumati Ferries $24 b. China Lights (Old) $10.60 b, China Lights (New) $7.45 b. H. K. Electrics $551⁄4 b., $55 sa. Telephones (Old) $26 b. Telephones (New) $8.90 b.
INDUSTRIALS
Canton Ices $1.70 3. Cements $13.60 b., $13.65 sa:
STORES, &C. Dairy Farms $25.15 b. Watsons $5.40 b.
· COTTON, MILLS Shanghai Cottons Sh.$58. b. Wing On Textiles Sh.$28 s.
MISCELLANEOUS Entertainments $64 b. Constructions $1-b. Wallace Harpers $3% b. Marsmans Inv. (H.K.)- s/- 4/-
NEW ADVERTISEMENTS
HUMPHREYS ESTATE & FINANCE CO., LTD.
NOTICE IS HEREBY GIVEN
ON FOREIGN LENDING RELAXED
London, To-day.
The Chancellor of the Exche- quer announced in the House of Commons last night that în view of the present conditions of ex- changes, he had come to certain decisions on the subject of for- feign lending.
The decisions illustrated the de- sire of His Majesty's Government to of encourage a suitable expansion international capital transactions.. He did not consider the time had. come when consent could be given. indiscriminately to foreign issues... and, in particular, to those on be half of foreign governments, for- eign local or public authorities, or State controlled organisations.
Greater latitude would, however, be allowed until further notice în respect of applications which did not fall within the former class.
NEW ISSUES
"I refer particularly, first, to the raising of new money in the Bri tish market on a long term basis on behalf of British borrowers in which term I include borrowers: in any part of the Empire--for the purpose of acquiring assets or de- veloping enterprise in foreign coun- tries and, secondly, to transactions foreign- involving large blocks owned securities whiez
were the subject of my predecessor's letter of June 12, 1933, to the Chairman of the Stock Exchange Committee. British Wirless.
LOCAL DOLLAR
The
|that the · ANNUAL ORDINARY Kong doŋ and rate on the Hong.
GENERAL MEETING of share-1/2%. holders will be HELD at the HONG
this morning was.
"Spot" silver was quoted in Lon- KONG HOTEL, Hong Kong, on don yesterday at 20-3/16 and for-- THURSDAY, the 17th. FEB-ward at 1978.
RUARY, 1938, at 12 NOON for the The London on New York rate purpose of receiving the Report of was quoted at £-US.$5.0115 and the Directors together with a the New York on London rate Statement of Accounts for the years -U.S.$5.01. ended 31st. December, 1937.
The TRANSFER BOOKS of the Van-
Company will be CLOSED from couver SATURDAY, 5th. FEBRUARY to Victoria THURSDAY, 17th. FEBRUARY,
Arrive
Feb. 13 Feb. 15 Feb. 21 Feb. 26
Mar. 1 Mar. 3
Mar. 12
"Mar-13 Mar. 15 – Mar 22-Mar. 27
17 Days HONG KONG to VANCOUVER By
DIRECT EXPRESS ROUTE FROM YOKOHAMA
18 DAYS VIA HONOLULU, PARADISE OF THE PACIFIC
Air-conditioned equipment carried on Trans-Continental Trains. Frequent Canadian Pacific Atlantic sailings from Montreal and Quebec, down the smooth St. Lawrence Seaway, to Europe.
SAILING TO MANILA Empress of Canada on February 11th. Information and rates from
Canadian Pacific
-Union Building
SPANS, THE WORLD
Telephone 20752
both days inclusive.
JOHN D. HUMPHREYS & SON,
General Managers. Hong Kong, 2nd. February, 1998,
HONG KONG HORTICULTURAL
SOCIETY:
THE ANNUAL SHOW FLOWERS and VEGETABLES will be held at ST. JOHN'S PLACE (opposite the lower Peak Tram Station) on THURSDAY, the 3rd. March, 1938, from 3 p.m. to 6:30 p.m. and FRIDAY, the 4th. March, 1988, from 10 am to 4 pm.
ENTRIES WILL DEFINITELY CLOSE at the Hon. Secretary's Office, Stock Exchange Building, Ice House Street, at NOON on THURSDAY, the 24th February, 1988, but intending exhibitors are THEIR requested to SEND IN ENTRIES AS EARLY AS POS- SIBLE.
MEMBERS who have not yet paid their subscriptions and ALL THOSE who wish to join the Society are requested to send $5.00 to the UNDERSIGNED.
T. BAGRAM, Hon. Secretary. Hong Kong, 3rd. February, 1938.
Singapore Raw Rubber
Messrs. H. B. Joseph and Co., have received the following quota- tions-in-Straits Currency for Raw- Rubber.....
February/March 23% down 3% b. April/June 231⁄2 down 1⁄2 July/September 23% down 1⁄2 b.
Market:-Nominal.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:
£3,000,000-
1,800,000-
1,050,000-
1,247,830-
10, Gracechurch Etreet, London, E.0.8. Authorised Capital Subscribed Capital Paid-up Capital Reserve Fund & Rest
BANKERS:
The Bank of England & Midland Bank, Led.
BRANCHES:
Ipoh Me Kannten
Kandy
Karachi
Bangkok
Bombay
Caloutta
Colombo
Delhi
Kota Bharu
Galle
Kuala Lipis
Hong Kong
Kuala Lumpur
Howrah
Kuala Trengganu
Madras
New-York- PEDADE Rangoon
Shangbal
Simis
Singaporn
HONG KONG BRANCH,
Every description of Banking and re buzinasa transacted.
Travellers Cheques issued.
TRUSTED AND EXECUTORSHIP UNDERTAKEN.
Local
CURRENT ACCOUNTS ·:opened... în Curranoy...and FIXED DEPOBITS - received: ins #Local:CurtanoSUSTERLING"&" U.S. DOLLARS
bo that... xay
terms
application.
ssosrtained
BENBON,