1939-07-14 — Page 20

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