1937-02-16 — Page 16

PRESIDENT LINERS

are

LUXURY LINERS

Famed for a Splendid Cuisine

TO SAN FRANCISCO: LOS ANGELES, NEW YORK, AND BOSTON -.

Via Shanghai, Kobe, Yokohama

and Honolulu

Pres. Hoover Pres. Cleveland

TO-SEATTLE VICTORIA "THE EXPRESS ROUTE” Via Shanghai, Kobe and Yokohama

Pres. McKinley Pres. Grant

Mar 6

.Mar. 13

Mar. 24

Mar. 27

.Apr. 3

Pres. Jackson

.Apr. 10

.Apr. 21

Pres. Jefferson

Apr. 24

May 1

Pres. McKinley

May 8

May 19

Pres. Grant

.May 22

Pres. Coolidge

Pres. Taft Pres. Hoover Pres. Lincoln

EUROPË, NEW YORK AND BOSTON Via Manila, Singapore, Colombo, Bombay, Suez, Port Said, Naples, "Genoa and

Marseilles ..

Pres. Wilson Pres. Hayes

Pres. Monroe Pres. Adams Pres. Harrison Pres. Polk

Mar. 3 Mar. 1

TO. MANILA THE MOST FREQUENT

SERVICE

NEXT SAILINGS

Pres. Hoover.

Feb. 26

Pres. Wilson

Mar. 3

.Mar. 14

Pres. Hayes.

Mar. 1

Mar. 28 Pres. McKinley

Mar. 6

.Apr. 11 Pres. Monroe

Mar. 14

Apr. 25 Pres. Cleveland

Mar. 17

THE CHINA MAIL, FEBRUARY 16, 1937.

BIG STUDEBAKER PROFITS

LOCAL SHARE

MARKET

Following, is the list of changes enquiries in local snare quotation morning-

BANKS

Hong Kong Bank Cum. Div. S. Hong Kong (Lon. Reg.) X Dir Bank of East Asia $85 bi

- INSURANCES Union Ins. $620:sa.

SHIPPING

Remarkable Return For 1936

Studebaker Corporation will show a 1936 net profit from operations, before year-end adjustments, in ex- cess of $1,750,000 after all charges including depreciation, interest and normal, federal income taxes,: 20- cording to the Wall Street Journal Providents (Old) $1 s, $1.72/This will equal better than 80 cents

Douglases $32 b.

DOCKS, WHARVES, GODOWNS,

14 sa..

ETC.

MINING

Raubs $134 sa.

LANDS, HOTELS & BLDGS. H. and S. Hotels $5% 5. H. K. Lands $36 sa. Humphreys $91 s.

H. K. Realties $470 b.

PUBLIC UTILITIES

H. K. Tramways $13 b, $134 sa Peak Trams (Öld) $4 b.

China Lights (Old) $13.70 b., $13.85

sa.

H. K. Electrics $55 b., $56 58. Telephones (Old) $30 sa.

INDUSTRIALS

Cements $10.85 b.

STORES, &C. Dairy Farms $23.10 s. $23 sa-

COTTON MILLS

Ewo Cottons Sh.$16.105. Shanghai Cottons (Old) Sh.598 b. Shangha Cottons (New) Sh.$70

MISCELLANEOUS Constructions (New) 40 cts. b. Vibro Piling $5 bl Wallace Harpers $4 s.

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

Antamoks Atoks Baguio Gold

Balatoc Mining

CANADIAN PACIFIC

WORLD'S GREATEST · TRAVEL · SYSTEM

EMPRESS of JAPAN

EMPRESS of ASIA-

EMPRESS of CANADA EMPRESS of RUSSIA

Maintain a regular service to Vancouver Empress of Japan and Empress of Canada sail via Honolulu and Empress of Asia and Empress of Russia via the direct express route.

Air Conditioned sleeping cars and observation cars on all

Trans-Continental Trains.

COOL

QUIET

COMFORTABLE

Air is cleaned, dehumidified, constantly-freshened and kept at a uniform temperatni

EMPRESS OF JAPAN

SAILS FOR VANCOUVER via SHANGHAI JAPAN

& HONOLULU,

AT NOON

TUESDAY, FEBRUARY 23rd.

For Information Apply To Your Own Agent Or

Canadian Pacific

PANS THE-WORLD > =

Tel. 20752

1.53 ,52

La share on 2,159,717 shares of capit-

al stock outstanding.

From March 10, 1955, when the present company started operations, to December 31, 1935, Studebaker lost $1,975.622.

Present indications are that the company will gain from the year- end adjustments, possibly enough to |bring its year's net close to $2,000,- 000. The year's production is like- |ly to hit 91,000 units.

Despite more cash in inventories and rising receivables, Studebaker will finish the year with about |$2,000,000 more cash and

$4,000,000 more working capital b.than a year ago.

in Pesos Opening

10 a.m.

Currency Sales Local

1.55

.48

30

1414

Benguet Consol.

14

Benguet Explor

.19

Big Wedge

.34

Coco Grove

.79

Consolidated Mines

:05

.08

Demonstrations

.93

E. Mindanao

37

Gumans Gfield

32V

Ipo Gold

321⁄2 X. Div.

I I L

1.50

Itogons

1.65

Masbate Consol.

47

Min Resources

~434

Northern-Mining

1514

Paracale Gumaus

.73

Salacot Mining

.08

San Mauricio: Sayoe Consol United Paracales 1.35.

3.15

.49

LOCAL DOLLAR

Silver Prices Unchanged

The local dollar is steady, open- ing on demand this morning at 1/2- 27.32m

some

EXPLOITATION OF ABYSSINIA

COCOA PLANTING

Milan, To-day.

The growing of cocoa is the lat est Italian proposal for the econo- mic development of Ethiopia.

The proposal has been submitted to the Ministry of Colonies by a syndicate of chocolate manufac- turers, who say that the Lake Kalla region and part of the plateau slop ling down to the Sudan are climati cally suited for cultivation of cocoa

The syndicate draws aftention to the successful cultivation of cocos by the British on the Gold Coast and stresses the importance of the Italian chocolate industry becoming independent of foreign raw ma- terials as soon as possible.T Ocean.

SINGAPORE RAW RUBBER

ceived

Messrs. H. B. the

for Raw Rubber:

Co., re quotations

"Spot" silver was quoted at 20 from Singapore in Straits Currency

and forward” at 20-%- The Landon on New York cross-

rate was quoted at US.$4.89% Spot while the New York on London March cross-rate was quoted at US$4.89-9/16.

S.S.

Apr/June July/Sept

Market: Quiet.

Buyers

35% Down

36% Down

36% Down

36% Down

"CONTE ROSSO

expected to arrive here

FEBRUARY 17. 1937, 9 A.M.

and sails for

Italy via

Saigon, Singapore, Penang, Colombo, Bombay, Massowah & Port Said.

FEBRUARY 18, 1937, 9 AM

LLOYD TRIESTINO

PO Box 143 Tel Add Lloydiano" - Telephones Nos.

Canton Agents DODWELL & CO., LTD.