1937-06-16 — 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

June 26 ...Noon Pres. Cleveland ..Midnight July 13 Pres. Coolidge ..Noon July 24 Pres. Taft ...Midnight Aug 10 Pres. Hoover .. Noon Aug. 21 Pres. Lincoln .Midnight Sept. 7

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

Pres. Hayes ...8.00 a.m. June 20 Pres. Monroe ...8.00 a.m. July 4 Pres. Adams ...8.00 a.m. July 18 Pres. Harrison .8.00 a.m. Aug. 1 Pres. Polk .8.00 a.m. Aug. 15 Pres. Pierce ...8.00 a.m. Aug. 29

TO SEATTLE, VICTORIA “THE EXPRESS ROUTE"

Via Shanghai, Kobe and Yokohama Pres. Jefferson Midnight June 18 Pres. McKinley .Midnight July 2 Pres. Grant Midnight July 16 Pres. Jackson Midnight July 30 Pres. Jefferson..Midnight Aug. 13 Pres. McKinley Midnight Aug. 27

TO MANILA THE MOST FREQUENT SERVICE

..

NEXT SAILINGS :

Pres. Hoover ....9.00 p.m. June 18 Pres. Hayes.....8.00 a.m. June 20 Pres. McKinley..6.00 p.m. June 26 Pres. Monroe ...8.00 à.m. July 4. Pres. Cleveland Midnight July 6 Pres. Grant ....6.00 p.m. July 10

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

ANABÍLA

BELWAY

LINES

TRAVEL

8 DAYS

10 DAYS

5 DAYS

STEAMSHI

THE CHINA MAIL, JUNE 16, 1937.

PRESIDENT AND C.I.O.

May Seek To Regain Control

EMPIRE

CAN RESTORE WORLD TRADE

Sir Alan Anderson Gives Views

White, Weld and Company's re- port to S. E. Levy and Company, on The part which the British Em- yesterday's dealings on the New pire can take in restoring world York Stock Exchange, states:- trade was emphasized by Sir Alen With regard to industrial issues, Garrett Anderson at a luncheon given Colonel Ayres says that in statistî-by the British Committee on Em- cal terms, business is running at pire Trade in honour of the dele- an 18 per cent. level higher than gates to the Empire Parliamentary a year ago. While earnings may Conference.

do,

not bear out the prospects shown Sir Alan said that he did not in first-quarter returns, but if they believe any of them thought the they will nearly equal British Empire would prosper more the 1929 record. The rally of the as an exclusive unit, shutting out market to-day was technical, but the rest of the world, but rather price changes were insignificant that the Empire was part of the due to the thin markets. Selected world, and that by its progress the issues at these levels, having heav-rest of the world must advance ily discounted further adverse de- also. velopments, are at present in а Mr. Angus Macdonald, Premier position to rise sharply on any of Novia Scotia, said that he be- sign of a clarification of the labour lieved that between the extremes of troubles.

economic nationalism and complete of free trade there was surely

some

While there is no indication any Government intervention in the middle course by which they could labour situation, for a near-term teach the world a much-needed les- possibility we would consider the son in economics.

following: (1) President Roosevelt

desires to centre the control of In- TOKYO TO PURCHASE dustry in Washington and not run

the risk of losing this control to OLD-MINED GOLD John Lewis of the CIO; (2) Evi-

dence of some inability on the part Reserves Badly Depleted

of John Lewis to control his men, plus the impression that he is go- ing too far, which will tend to give

Tokyo, June 11. the President the support of public of the Bank of Japan badly deplet- With the extra-legal gold reserves opinion in any Administration in-ed by successive shipments to the tervention; (3) Such intervention United States, the Treasury to-day move offers the Administration a chance to regain face lost in the ordinance to metal mined

decided to extend the gold-purchase recent defeat of the President's Su- preme Court plan. We foresee für- ther irregularity in the absence of important developments. Business done:-930,000 shares.

before this year. In its present form, the ordinance provides for the purchase of all newly-mined gold by the Bank of Japan.

With the projected introduction Ito the Diet of a bill providing for CENTRAL RESERVE

the compulsory sale of domestically. produced gold to the Government, BANK OF CHINA the Treasury officials said they felt the gold reserves would be out of The by-laws of the Central Re-danger. serve Bank, which have been under The production of gold in Japan study by the Financial Committee proper, Korea and Formosa for this of the Legislative Yuan for some year is expected to reach Y.200,- time, will come up for preliminary 000,000. Plans have been made to examination on June 17, states a raise the annual production to Yoko.

Van-

Nanking dispatch to the "Hwa Y.300,000,000 within three years. Al- Kobe hama Honolulu couver Mei Pao." Debates in the Legisla-together, Y.150,000,000 worth

Victoria tive Yuan are expected Leave Leave Leave

take the metal has been shipped to New

York banks since March.-Domei. June 29 July 1 July 3

Go EMPRESS to America, Europe

of

Hong Shang- Naga- Empress Kong

hai saki

Leave *Arrive

Leave

Asia

June 25 June 27 Canada July 9 July 11

July

14 July 16 July 23 Russia July 23 July 25 July 27 July 29 July 31 Japan Ang. 6 Aug. 8

Aug. 11 Aug. 13 Aug. 19 Asia Aug. 17 Aug. 19 Aug. 21 Aug. 23 Aug. 25 Sept. 1 Canada Sept. 3 Seft. 5

Sept. 8 Sept. 10 Sept. 17

S

TO MANILA

EMPRESS OF ASIA, JUNE 17th.

At 8 p.m.

information from Passenger & Freight Offices

..C

Union Building, Hong Kong

Telephones: Passenger 20752-Freight 20042. Canton Agents, Jardine Matheson & Co., Ltd.

Arrive

to

of

SHANGHAI RUBBER

SHARES

about three weeks.

July 12

The Central Reserve Bank, it is learned, will have a capital of $50,- July 28

It 000,000, the dispatch continues. Aug. 9 will retain control over the Central Aug. 24 Savings Society, the Central Trust Sept. 7 and the Banking Department of the

Central Bank before they enter into Anglo Javas Sept. 22

separate existence.

Butes Foreign exchange operations are

Consolidated expected to be handled by the Bank

Java Consolidated of China, and other regular bank-

Kroewoeks ing functions by the Bank of China

Rubber Trusts ordered to leave by the authorities

Klebangs and the Bank of Communications.

Canadian Pacific

A

B. AND S. FINED Ship's Passenger List Incomplete

Messrs. Butterfield and Swire were this morning fined $20 by Mr. W. Schofield for failing to furnish a correct list of passengers by the s.s. Fatshan on May 31.

Mr. H. D. White was present on behalf of the Company. Sub-in- spector Edwards said that two Japanese women. reported their ar- rival in the Colonynd, so did the hotel at which they were staying, but their names were ommitted in the list supplied by the Company.

Sua Manggis Tanah Merahs Tebrongs

15.6.37

14.50

4.60

4.55

2.12

1.05

3.25

.Nominal

1.60

2.25

1.05

Singapore Raw Rubber

Messrs. H. B. Joseph & Co. have received

the following quotations from Singapore în Straits Currency for Raw Rubber:

› Spot 32-1⁄4 b. up 3⁄41⁄2...

Jan./March 32- b. up 1⁄4. July/Sept. 32- b. up 4. Oct./Dec. 82-4 b. up 4. Market: Sellers holding off.

The m.v. Cremer is sailing for Singapore and Belawan Deli on June 24.