1937-05-31 — Page 16

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DOLLAR STEAMSHIP. LINES * AMERICAN MAIL. LINE * FASTEST TIME

ACROSS THE PACIFIC

HONG KONG to SAN FRANCISCO

BILWAY

15 DAYS

S.S. PRESIDENT COOLIDGE

Sailing

MIDNIGHT, JUNE 3rd

12 Pedder Building, Hong Kong

Canton Branch, 21 French Concession, Shameen.

BOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

THE CHINA MAIL, MAY 31, 1937.

LOCAL SHARES

Following is the list of changes and enquiries in local share quotations this morning:

BANKS

Hong Kong Bank $1960 s., $1955 sa. Bank of East Asia $95 b.

INSURANCES China Underwriters $2.05 b.

SEME SHIPPING ® Indo-Chinas (Pref.) $50 b. DOCKS, WHARVES, GODOWNS, ETC.

H. K. and K. Wharves $119 b. H. K. and W. Dócks $30 b. Providents (Old) $2.20 b.

LANDS, HOTELS & BLDGS. H. K. and S. Hotels $7.20 sa. H. K. Lands $351⁄4 b.

· PUBLIC" UTILITIES H. K. Tramways $14.60 b. Peak Trams (Old) $4% b. Peak Trams (New) $14 b. Star Ferries $84% b. Yaumati Ferries $251⁄4 b. China Lights (Old) $14 b. H. K. Electrics $60% b. Telephones (Old) $29 b. Telephones (New) $11.90 b.

STORES, &C.

Dairy Farms $25.65 b., $26.90 sa. Watson $44 b.

Wm. Powell, Ltd. 45 cts. b.

COTTON MILLS

Shanghai Cottons (Old) Sh.$114

b. X. Div.

MISCELLANEOUS Constructions (New) 45 cts. b. Ch. Govt. 5% 1925G. $ Bds. 96% Marsmans (H.K.) s/- 6/9 sa,

Stock

Antamoks

Atoks Baguio Gold

Consolidated Mines

Demonstrations

H. G. WELLS AND LOW

Wisdom About Life"

Mr. H Wells, when he opened an exhibition of cartoons by Low at the London Gallery, Cork-street, paid the cartoonist glowing tribute.

"I should like to say something about his extraordinary wisdom about life," he said. "He makes you laugh, and 3 you are apt to for- get that he is an extraordinarily wise man.

"Low is only half-way through this career. I doubt if he - bas- reached his zenith. What he shows you here is not the whole product of Low. Behind there is other work.

"I happen to know that he has been experimenting with colour, and it is significant that he does not. show you anything of it to-day. One of the most significant enter- prises you have in the world of art is the proper use of colour.

"The human being is overloaded' with it, and most of us spend a b.great proportion of our time trying to disregard it. I think Low is go- Opening ing to give us something very in-

10 a.m.

.33 .20%

.11.25

.73

in Pesos teresting in the way of treatment of 1.05 colour as a method of expression."

The exhibition includes 144 car- 12.00 toons, all brilliant, many of them famous, which the artist has hungTM .11% in three sections under the sug--

.24

gestive titles, "The League and For-- 024 eign Affairs," Home Politics," and "British Empire." There are 30 24% examples of Low's vivid portrai- -16-

ture. .19% .79 The catalogue is worded by the-

artist himself, and he has written an introduction which almost com- pares in wit with his cartoons.

.72

Balatoc Mining

Benguet Consol.

Benguet Explor Coco Grove

Big Wedge

E. Mindanao

Gumaus G’field

Ipo Gold

I X. L.

.99

Masbate Consol.

.30

Min. Resources Northern Mining

.25

.09

Paracale Gumaus

40.

Salacot Mining

.04

$2.05

.38

.79.

Itogons

8 DAYS

10 DAYS

5 DAYS

San Mauricio- → Suyoe Consol.-

United Paracales

The Manila Stock Exchange is closed to-day.

BRITISH EXPERT

Go EMPRESS to America, Europe FOR CHINA

Hong

TEA INDUSTRY

DOLLAR RATE

London Silver Prices.

The demand rate of the Hong Kong dollar yesterday morning was 1/2%.

"Spot" silver was quoted at 20--

and "forward," at 20-5/16. The London on New York cross- Mr. P. E. rate was quoted at £U.Š.$4.9845 Witham as a technical expert of the and the New York on London cross-- Victoria China National Tea Corporation, which rate at £U.S.$4.93-9/16.

Naga- saki

Leave

Kobe

Leave

Yoko- hama

Van-

The

Honolulu couver

Leave Leave

Arrive

June 29

July 12

appointment

of

was recommended by the board of directors of the concern, has been formally approved by Mr. Wu Ting- chang, Minister of Industry.

Mr. Witham, it is learned, was form- with Messrs. Charles erly connected

Singapore Raw Rubber

Shang- Empress Kong hai

of

Leave Arrive

Japan

June 11

June 13

June 16 June 18 June 24 Asia June 25 June 27 June 29 July 1 July 3 Canada July 9 July 11

July 14 July 16 July 23 July 28 Hope and Son in London and has had Russia July 23 July 25 July 27 July 29 July 31

Aug. 9 14 years experience în practical plant-

ing of tea on some of the well-known a Japan

6. Aug. 8

Aug. 11 Aug. 13 Aug. 19 Aug. 24 estates in Assam.

Messrs. H. B. Joseph & Co., have re- Asia -Aug-17 Aug. 19 - Aug. 21′ Aug. 23 Aug. 25 Sept. 1 Sept. 7 China National Tea Corporation was Singapore in Straits Currency for His engagement as an expert to the ceive the following quotations from Canada Sept. 3 Sept. 5

Sept. 8 Sept. 10 Sept. 17. Sept. 22 highly recommended by the Sino-Bri- Raw Rubber:

tish Trade Association, the British Am- bassador to China, Sir Hughe Knatch- bull-Hugessen and endorsed by leading tea merchants in Shanghai and Lon- don.

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

Export Company For Nanking?

Spot 34-3% b. unchanged. Jan./March 34-34 b. unchanged. July/Sept. 34-5% b. unchanged. Oct./Dec. 34-34 b. unchanged. Market: Dull.

A.OF.C. DIVIDEND

The defunct American Oriental Fin- The People's Economic Reconstruc-ance Corporation has begun distribution tion Movement Association in Nanking of 5 per cent. dividend to depositors is studying a joint proposal drawn up and creditors, totalling 375,000 yuan. by its secretary, Mr. King Chi-po and Checks were likewise forwarded to. expert, Mr. Cheng Chu-ping, calling the Tientsin branch. Total distribu- for the establishment of an export tions thus far totaled 27 and % per- company in the capital.

cent. George Sellett, in charge of the liquidation, announced another dividend' will be shortly issued.

The proposed company, it is pointed out in the proposal, will lend an im- petus to the development of native in- dustry in the surrounding districts of thou- Nanking and provide jobs, for sands of the unemployed.

Two Italian transports packed with troops and a cargo, steamer carrying motor-cars and aeroplanes passed! through the Suez Canal to the Red Sea..

V

The opening of the export concern is considered opportune in view of the suspension of the International Export Company, a British firm which did a A non-stop flight from Dessau, Cen- thriving business in exporting eggs tral Germany, to Natal, Brazil, by a and poultry products in former years. | German plane, was abandoned at Ba-- About 2,000 workers of the firm are thurst, Gambia, owing to strong head! *now out of joba, sh

winds: