PNCTURE
BAILWAY
Ò DAYS
10 DAY'S
5 DAYS
GoEMPRESS to America, Europe
Empress of Asia Empress of Canada Empress of Russia Empress of Japan
TO EUROPE CONNECTIONS
Leave Arrive H.K. FanC. July 21 Aug. 7 Aug. 4 Aug, 28 Aug. 18 Sept. 9 Sept. 1 Sept 19
Connecting Leave Atlantio Arrive
ship.
Empress of Britain Duchess of York Duchess of Bedford Empress of Britain
Port U.K. Aug. 12 Aug. 17 Sept. 1 Sept. 8 Sept. 15 Sept. 22 Sept. 28 Sept. 28
Air-conditioned equipment on C.P.R. Trans-Continental Trains. Frequent Canadian Pacific Atlantic sailings to European ports.
TO MANILA
Empress of Canada on Friday, July 28th.
Passengers to Manila, any class, must possess Cholera inocula- tion certificates issued by the Hong Kong Government authorities dated not less than five days nor more than three months from date of arrival in Manila.
Canadian Pacific
Lalon
ting
SPANS THE WORLD
Telephone 20752
SEE! SOUTH AFRICA
& SOUTH AMERICA
By
New Luxurious Round-the-World Liner
M.S. "ARGENTINA MARU”
Singapore Colombo Durban Cape Town
(18,000 tons gross).
MAIDEN VOYAGE
HONGKONG, JULY 19th.
PORTS OF CALL
BONG KONG
July 19th
29th
7th. 11th
RIO
8JANEIRO.
Arrive
19th
Leave
20th
$23rd
Montevideo
26th
27th
3rd
Cristobal
··Balboa
Los Angeles.
YOKOHAMA,
KOFE
ROUND SPECIAL THE-WORLD TOUR 1st CLASS PASSAGE
FARE
$162
Hong Kong back to Hong Khang
is valid for tw
Is Allowed
THE CHINA MAIL, JULY 14, 1939.
LOCAL SHARES WALLACE
Following is the list of changes and enquiries in local share quotations to- day:
BANKS
Hong Kong Bank $1360 s., $1860 8,
INSURANCES
Canton Ins. $280 s. --- Union Ins. $415 b.,, $425 8. DOCKS, WHARVES, GODOWNS, ETC. H.K. and K. Wharves $108 s.
LANDS, HOTELS & BLDGS. Humphreys $84 8.
.:
PUBLIC UTILITIES H.K. Tramways $16 b. H.K. Electrics $55 sa
INDUSTRIALS
Cements $12.60 b.
STORES, &C. Dairy Farms (Old) $211⁄2 ·sa. Watsons $8.40 b., $8.45 sa. Wing On (H.K.) $41 b.
MISCELLANEOUS H.K. Govt. 4% Loan 4% pm. b.
MANILA 'SHARES Antamoks Ps. .18 88. Atoks Ps. .18% sa. Baguio 'Gold Ps. .20 b. Batong Buhay Ps. 012 sa. Benguet Consol. Ps. 10.20 b. Big Wedge Ps. .18% sa. · Coto Grove Ps. 23 sa, Consol. Mines Ps. .002 b. Demonstrations Ps. .08% b. I.X.L. Ps. 41 b. Ipo Gold Ps. .16 b.. Itogons-Ps. 23. 80. Masbates Pя. .10 ea. Mind. Mother Lode Ps. .08% b. Mine Operation Ps. .12 b. North Camarines Ps. .28% b. Paracale Gumaus Ps. 15 sa. San Mauricio P. 91 sa. Surigao Consol. Ps. .19% b. Suyoc Consol. Ps. 12 38. Syndicate Ps. 034 b.
United Paracales Ps. .40% 80.
SINGAPORE
STOCKS:
Quotation of 12 leading Singapore stocks received by Messrs. Ellis and Edgar:
Rubber Shares
Amalgamated Malay
Kempas
Kuala Sidim
Pajam
Sungei Bagan- Tapah
Tin Shares Petaling Tin
Sungei Luas Tin Industrials
Straits Trading
United Engineers
Wearne Brothers
Gold Shares
Raubs
July 11.
Middle Price
COTTON EXPORT
SUBSIDY PLAN
Washington, To-day.
The Secretary of Agriculture, Mr. Henry A. Wallace, yesterday advocated a flat cotton export. subsidy.
At the same time, Mr. Wallace said that the United States does not intend to supplant but rather would utilise existing trade ma- chinery.
In an address at the opening of a conference of cotton experts to discuss the subsidy programme, Mr. Wallace advocated a flat rate with no distinction as to payments for different classes of cotton.
"My feeling is that the initial rate to be announced should be one which could be continued, for a long period unless some unpre- dictable and major change should occur in competitive conditions in the world market.”
STABLE RATE
In determining payments, Mr. Wallace asserted that a rate should be sought for which the possibility of an increase could be as remote as the possibility of a decrease.
He also believed the programme should be made effective as soon as possible in order that cotton shipping would not be sarily delayed.
At the same mended that all made, at least to calendar year, will of the 1999 crop.:-
unneceg-
time he recom- payments to be the end of the be in respect Reuter.
LOW RECORD FOR WHEAT
London, To-day.
When it fell to 3/7-7/8d. per cental' on the Liverpool market yesterday wheat was at the lowest since price recorded in England
low 1.72% 1592 and below the
record reached in 1981.
$ 1.42
212
1.75
1.25
Cause of the fall was
officially -
147 stated to be the prospective Cana-
dian surplus and the near record 6.57% 1.37% glut in the Argentine British
Wireless.
25.00
8.27
12.85
4.30
The above quotations are in Straits Dollars.
NEW ADVERTISEMENTS
HONGKONG & SHANGHAI BANKING
CORPORATION
EUROPEAN
BOUND OVER
M. Patterson was hound over by Mr. Q. A, A. Macfadyen this morning when, in answer to charge of assault, he said that he was "under the influence of drink": at the time and had no recollection.
Det-Sergt. A. Soutar said that at 4. a.m. to-day, defendant and three others summoned a "baby" taxi to a house in Nathan Road. Under the licence, rules, only three passengers may be carried in thess vehicles and when the driver refused to take an extra man, defendant struck him. over Mr. Patterson was "bound
IT IS HEREBY NOTIFIED that an Interim Dividend of-£2.10/- per share, subject to deduction of Income Tax, has been declared for the HALF YEAR ending 80th and ordered to give the driver $5 June, 1989, at rate of 1/2.8/4 per “as amends.” Dollar.
THE DIVIDEND WILL BE PAY ABLE on and after 14th AUGUST at the offices of the Corporation, where Shareholders are requested to apply for Warrante,»
THE REGISTER OF SHARES of the Corporation will be, closed from 81st JULY to 12th AUGUST „(both days inclusive) during period and transfer of Shares can
EXTORTION CHARGE
28. polles constable manded for a week by
the Den
be
HONG KONG
FOR
OJAKA
Bf, Georgh's.
GEARE
Hong Kon