PRESIDENT LINER

Sailing's

ROUND THE WORLD SERVICE

NEW YORK & BOSTON

via Manila-Singapore-Penang-Colombo-Bombay—Suez- Port Said Alexandria-Naples Genoa & Marseilles

"S.S. PRESIDENT ADAMS" Sails Sunday, April 17th. 8.00 A.M.

SAN FRANCISCO & LOS ANGELES

Via Kobe and Yokohama

S.S. PRESIDENT COOLIDGE Sails Saturday, Mar. 4th.-9.00 P.M. S.S. PRESIDENT CLEVELAND Sails Saturday, Mar. 26th.-Noon.

SEATTLE AND VICTORIA

Via Kobe & Yokohama

S.S. PRESIDENT GRANT Sails Friday, Feb. 25th. 4.00 P.M. DULLAR STEAMSHIP LINES AMERICAN MAIL LINE

12, Pedder Street.

THE CHINA MAIL, FEBRUARY 16, 1938.

LOCAL DOLLAR

The demand rate on the Hong

LOCAL SHARE

MARKET

Kong. dollar this morning was

1/278.

Following is the list of changes and

morning:

"Spot" silver was quoted in enquiries in local share quotations this London yesterday at 20-1/16 forward at 19-11/16.

and

The London on New York rate was quoted at £U.S.$5.0265 and the New York on London rate at £U.S.$5.03-1/8.

Singapore Raw Rubber

Messrs. H. B. Joseph and Co., have received the following quota- tions in Straits Currency for Raw Rubber:

Feb./March 23% Up % b. April/June 24% Up 3%.b. July/Sept. 24% Up % b.

Market: Steady.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

15, Gracechurch Street, London, E.C.B.

Authorised Capital

Subscribed Capital

Paid-up Capital

Reserve Fund & Rest

BANKERS:

.£3,000,000

1,800,000

1,050,000

1,247,830

The Bank of England & Midland Bank, Ltd.

BRANCHES:

Ipoh

Kaantan

Kandy

Bangkok

Bombay

Calcutta

Colocabo

Kuala Lipis

Hong Lear

Kuala Lumpur

Howrah

Delhi

Galla

Barachi Kota Bharu

Kuala Trengganu

Madras

New York

Penang

Shanghai

Rangoon

Simla

Singapore

HONG KONG BRANCH.

Every desoription of Banking and Exchange business transacted, ・・

Travellers Cheques issued.

TRUSTEE AND EXECUTORSHIP UNDERTAKEN.

Local

CURRENT ACCOUNTS opened in Currency and FIXED DEPOSITS received in Local Currency, STERLING & U.8, DOLLARS о termas that may be ascertained application.

D. BENSON,

Manager.

on

·BANKS. Hong Kong Bank $1505 b., $1525 s.,

$1500 sa. c.d.

... INSURANCES Union Ins. $505 sa.

China Underwriters $1.40 b.

SHIPPING

Douglases $60 b.

Union Waterboats $9.30 b.

DOCKS, WHARVES, GODOWNS.

ETC.

H. K. and K. Wharves $118. sa. H. K. and W. Docks $28.90 Providents (Old) $2.55 b., $2.55/60

sa.

Providents (New) 65 cts. a.

MINING

Antamoks Ps. 64 sa.

Atoks Ps. .28% sa.. Baguio Gold Ps. .24 sa. Benguet Consol, Ps. 9.90 sa. Coco Grove Ps. .68 an. Consolidated Mines Fs. Demonstrations Ps. .43 sa. I. X. L. Ps. .74 sa. Paracale Gumaus Ps. .28 sa. San Mauricio Ps. .72 sa. Suyoc Consol. Ps. 21 sa. United Paracales Ps. .55 sa.

sa.

sa.

LANDS, HOTELS & BLDGS. H. K. and. S. Hotels $6.30 sa. H. K. Lands $33/331⁄4 sa.

PUBLIC UTILITIES

H. K. Tramways $15.20/25 sa. Peak Trams (Old) $6% b. Peak Trams (New) $3 s. Yaumati Ferries $24% b.

China Lights (Old) $10.70 b., $10.80

́s., $10.85 sa.

China Lights (New) $7.45 b.

H. K. Electrics $56 b., $561⁄4 ŝa. Macao Electrics $19 b.

***INDUSTRIALS.

Cements $14.10 b., $144 s., $14.15

Ba.

H. K. Ropes $4 b..

STORES, &C.

Dairy Farms $25.20 b. Watsons $5.40 b.-

Wm. Powell, Ltd. 65 cts. s.

MISCELLANEOUS

Entertainments $64 b. Constructions $1% b.:

H. K. Govt. 4% Loan 2% pm. b. Marsmans Inv. (H.K.) .s/- 5/- b.r

5/- sa.

CROSS-WORD PUZZLE

HALLWAY

2

3

14

Empress

Kong

Leave

Arrive

Feb. 23 Feb. 25 Feb. 27

Canada, Mar. 8 Mar. 10 Russia Mar 18 Mar 20 Mar. 22

oaki Kobe

Leave Leave

3 DAYS

GoEMPRESS to America, Europe

Hong Shang- Naga-

10 DAYS

12

5 DAYS

1415 16

18

21

22

25

126

29

33

Yoko..

hama

Leave

Honoluin

Leave

Van- couver

36 37

Victoria Arrivė

22.

47

Mar. 1 Mar. 3

Mar 13 Mar. 15

Mar. 24 Mar. 26

Mar. 12

51.

52

Mar. 22

Mar, 27

Apr. 4

32

16

45

146

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 Russia on March 10th. Information and rates from,

Canadian Pacific

Union Building

SPANS THE WORLD

Telephone 20752

58

60

HORIZONTAL

1-Agitates

5-Falls to hit---

~9–Little inland lalands

11-Boy's name. 12-Plan

13-A beverage (pl.) 14-Mischievous chlid 17-Performed 19-Pronoun 21-A condiment 23-Excite

24–Besting place

25-Rub. oùt.

27-House additionTM 28-Chief: actors

29-Gaze fixedly

31-Irons.

43-Recline

88-Father

38-8ploes collectively 39-Weird

42-Wasted

43-Money (Rom. Antiq.) 48-V-shaped place for

splitting 7-Girl's name

Tear sounder

59.

HORIZONTAL (Cont.) |

VERTICAL ́(Cont.)

19-Listen

50-Portuguese coln(pl.)|18-Young cow 51-Uneven

52-Drank alcoholle: 20-Corn-spikes........

beverages habitually 22-Feminine of tsar 54-Steamships (abbr) |24-Gulder 55-To put a burden on[26–Construct

56-Sallora

68-Pleted out

59 Glido

60-Glides on Ice 61-8aves

VERTICAL

1-Voyage at sea 2-Knock

3-Egyptian river. 4-Small piece of 5-Affray 6-Angered „7-Streete (abbr.):

B-Pastimes“. 10-Not fresh 11-Armed conflats #6-Defaces. 16-Plet

28-Cover. scatteringly 30-A compass point

(abbr.)

82-To lash 34-Snared 36-Moved rapidly 37-To be awaiting 38-Sharp, shrill cry 140-Date in Roman

calendar 41-Defensive armor |42-8lants

rack|44-Becomes obstructéch

with sediment |46-Compositions

48-The lateral pařta 49-A river-duck (pl.) |62–Selze

58-Fall In drops. 65-Allow.

67-Mineral spring-

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