1937-06-23 — Page 16

PRESIDENT LINERS

LUXURY LINERS

Famed for a Splendid Cuisine

TO SAN FRANCISCO LOS ANGELES, NEW YORK, AND BOSTON

Via Shanghai, Kobe, Yokohama and Honolulu Pres. Hoover ...Noon June 26 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. Monroe...8.00 a.m. July 4 Pres. Adams ...8.00 a.m. July 18 Près. Harrison .8.00 a.m. Aug. 1 Pres. Polk ...........8.00 a.m. Aug. 15

Pres. Pierce...8.00 a.m. Aug. 29 Pres. Van Buren 8.00 a.m. Sept. 12

TO SEATTLE, VICTORIA “THE EXPRESS ROUTE”

Via Shanghai, Kobe and Yokohama

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 Pres. Grant Midnight Sept. 10

TO

MANILA

THE MOST FREQUENT

SERVICE

NEXT SAILINGS

Pres. McKinley ..6.00 p.m. June 26 Pres. Monroe

4 ..8.00 a.m. July Pres. Cleveland. Midnight July 6 Pres. Grant .6.00 p.m. July 10 Pres. Coolidge .9.00 p.m. July 16 Pres. Adams 1.8.00 a.m. July 28

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

6 DAYS

TO DAYS

5 DAYS

GoEMPRESS to America, Europe

Van-

THE CHINA MAIL, JUNE 23, 1937.

SUGAR SHIPMENT LOCAL SHARES

TO HONG KONG PROHIBITED

Official action to prevent the shipment of raw sugar from the Philippines to Hong Kong has been taken by the High Commis- sioner, Mr. Paul V. McNutt, ac- cording to advices from Manilą.

The prohibition is the result of the discovery of a violation by the" Philippines of the recently 'con- cluded London Sugar Agreement, in the form of alleged "dumping" of reserve sugar in Hong Kong.

Javanese interests are believed to have protested against the ship- ments.

HOOVER LOSES CARGO

On Saturday last, Mr. Jorge B. Vargas, secretary to Mr. McNutt, refused a permit for shipment to Hong Kong of 100,000 pounds of sugar by the President Hoover, and it is understood that the prohibi- tion will apply not only to Hong Kong but to all foreign countries until the position of the Philippines under the agreement is properly understood and interpreted.

It is stated that since May 6, when the London Agreement was signed, some 6,000 tons of sugar. have been dumped in Hong Kong at prices violating the agreement.

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

BANKS

Hong Kong Bank $1980 b., $1995 st. Bank of East Asia $95 b.

APA SHIPPING

H. K. Steamboats $8% b. DOCKS, WHARVES, GOLWNS, ETC.

HK. and K. Wharves $120 s. H. K. and W. Docks $33 b.. $331⁄4 S.,

$32/331⁄2 sa.

Providents (Old) $2% b.

LANDS, HOTELS & B. JGS. H. K. and S. 'Hotels $74 b. H.-K. Lands $35% b.. H. K. Realties $6 b. Chinese Estates $80.b.'

· PUBLIC UTILITIES H. K. Tramways $14.90 b., $15 sa. Peak Trams (Old) $5 b. Peak Trams (New) $2% b. Star Ferries $861⁄2 b. China Lights (Old) $141⁄4. b. China Lights (New) $14.05 b. H. K. Electrics $60 b., $60% sa.

Sandakan Lights $14 b.

Telephones (Old) $29% b., $29% sa. Telephones (New) $11 b.

INDUSTRIALS Cements $15.65 b., $15.70 sa.

STORES, &C. Dairy Farms $263 b. Wm. Powell, Ltd. 40 cts. b.

COTTON MILLS Ewo Cottons Sh.$17.60 b., $17,80 s. Shanghai Cottons Sh.$120 b. Wing On Textiles Sh.$73 b. MISCELLANEOUS Constructions (New) 45 cts. b. Vibro Piling $42 b.

Ch. Govt. 5% 1925G. $ Bds. 97% b. Marsmans (H. K.) s/- $6/3 b., $6/5-

sa.

Stock

Antamoks Atoks

Baguio Gold

Balatoc Mining Benguet Consol.

DUTCH STOCK Benguet Explor

OF GOLD

Amsterdam, To-day.

Big Wedge

Opening

10 a.m.

in Pesos

1.05

.29

.22

.12.00

.10.50

.10

.20%

Coco. Grove

.67

Consolidated Mines

.026

Demonstrations

.64

E. Mindanao

.21

.22

.19

732

.86

.262

.27

.08

.41

.036

1.95

35

..76

Following the removal of the Gumaus G’field embargo on the private export of Ipo Gold

I. X. L. gold from the Netherlands, the Itogons gold stock of the Nedderlandsche Masbate Consol. Bank continues to increase, al- Min. Resources though at a decreasing rate.

Northern Mining About 31,000,000 florins of gold Salacot Mining

Paracale Gumaus

were taken in by the Bank in the San Mauricio week ending Saturday, and the re- Sayoc Consol. turns dated June 21

show. gold United Paracales stocks as 1,227,200,000 florins, as

against 1,196,000,000 florins in the

preceding week.

Home bills are given as 18,200,- 000 florins' as against

florins, and loans at florins as compared with 000 florins.

17,900,000 166,900,000 171,300,-

press

Hong Kong

Shang- Naga-

bai

Leave

Arrive

saki

Kobe

Leave Leave

June 25

Yoko- hama

Honolulu couver

Victoria

The note circulation is returned Leave Leave

Arrive as 804,600,000 florins, as against |218,400,000 florins, while private de- June 27 June 29 July 1 * July 3

July 12 posits increased from

544,000,000 hada July 9 July 11

July 14 July 16 July 29 July 28 florins to 566,900,000 florins, and July 23 July 25 July 27 July 29 July 31

State deposits from 69,300,000 to Aug. 9 Aug. 16 Aug. 8

(84,200,000 florins.--Trans-Ocean. Ang. 11 Aug. 13 Aug. 19 Aug. 24 Aug. 17 Aug. 19 Aug. 21 Aug. 23 Aug. 25 Sept. 1 Sept. 7 ada Sept. 3 Sept 5

Sept. 8 Sept. 10 Sept. 17 Sept. 22 |

TO MANILA

EMPRESS OF CANADA, JULY 2nd

'information from Passenger & Freight Offices

Union Building, Hong Kong

Telephones: Passenger 20762-Freight 20042. Canton Agents, Jardine Matheson & Co., Ltd.

Canadian Pacific

LOCAL DOLLAR

London Silver Prices

SUGAR COUNCIL

Preliminary Body To Meet In July 5

London, To-day. The Preliminary Sugar Council, which will meet on July 5th and supervise business until a Perman- ent Council has been formed when the International Sugar Pact comes into effect, will, according to Eng- lish circles concerned, have to deal with problems which, by technical nature, could not be dealt with in the Sugar Agreement.

Among these questions is that of the position of convention members. Moreover an adoption of an export quota for members for the first Hong season has in the meantime become this morning necessary. Finally, so it is -assum- ed, the British Government will

The demand rate of the Kong dollar

was 1/24.

"Spot" silver was quoted at 19-notify the members of the final 34 and "forward," at 19-34.

rates of consumption increase of The London on New York cross-the Empire for the current rate was quoted at £-U.S.$4.9477 son. -Trans-Ocean.

and the New York on London cross- rate at SU.S.$494-%.

Singapore Raw Rubber

Mesars. H. B. Joseph & Co. have

P. & O. Bank Dividend

· sea-

The P. & O. Banking Corporation has received the following cable from its London office:--

-1

"Net profit for the year

received the following quotations £102,481 28. ld. General meeting from Singapore in Straits Currency fixed 2nd July when Directors will for Raw Rubber:

Spot 82-% b. down %. Jan./March 32-4 b. unchanged. July/Sept. 32-1⁄2 b. unchanged. Oct./Dec. 92-% b. unchanged. Market: Uncertain.

recommend dividend of 5% less In- come Tax at 4s 6d, carrying forward

52,971 38. 1d.”

The B. 1. Steam Ship Tilawa will leave for Shanghai, Moji, Kobe and Osaka on Thursday at 6 a.