NDL
FAR EAST EXPRESS
PASSENGER & FREIGHT SERVICE,
From Hung*Xoog tå
Europe
Venecia
Perla
Mar., D'ona, N'hampton. Rotterdam, Sremon, Lunabayry
July
น
Tran
Obience.
Lisbon, intwerp.
Rotterdam, Hamburg, Beesten...
Ang.
Straits & Cayton
Manila
Totsu
8 porn Penn, Belawan, Colombo
July
9
24
'poru, Delawan and Matzan
Folarleu
Gneis
Manila
Manila
Aug. 3 Fly 24
Aug. མ
Azeemu
S'hai. Yakobama. Kolm
AGE.
+
Sebarko
Harel
ha. Yokohams, Kobe
Sheffer
Hm, Trinutan. Dairen. Taku,
Yama, Nagoya, Kohemakh
Aug.
Molag, Salamzaua, Rabaul, sie,
Alist. 11
Sept
11
Shanghal & Javan
Shanghai. North China & Janet
South Sea lalande
Pridorun.....
Bremerhaven .......... Rh, Tule, Kavisny, ete.
Subject to Alteration without Nature,
For Page And Freight apply to
NORDDEUTSCHER LLOYD, BREMEN
MELCHERS & CO.
AGENTS
CANTON AGENTS: JEBSEN & CO., SHAMEEN, B.C.
Queen's Baiting,
Telephoon 27773.
S.S. "BENVORLICH"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH
or about the 9th August.
on
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
Next Sailing for SHANGHAI & JAPAN
"BENMACDHUI” Aug. 5th S.S.
Tel 22433
For Freight and Passuge apply, to :-
W. R. LOXLEY & CO., (CHINA) LTD.,
York Building. Agents:
THE BEN LINE STEAMERS LTD.,
SINGAPORE RAW RUBBER
Latest Singapore Prices
1
THE EXCHANGE MARKET
་་
MESSRS. ROZA BROS.
sold.
The price for Ready Silver was unchanged yesterday but the For- ward rate rose 1/18, the quotations being 19. 5/8 and 19 11/16 respec- tively. Silver advices reported In- dla as having operated both ways. Speculaters bought. China
the official Axing there. After were some reselling on the part of India and speculative buying at the fixed price. In America the rate was unchanged at 44 3/4. for Spot.
B, B. JOSEPH & CO.
Tuesday, July 21 Messrs. H. B. Joseph & Co.. re- ceived the following quotations in Strails. Currency for Raw Rubber from Singapore to-day:-
Buyers ........... 261 unchanged
211 Op. i 274 Up-i 27 unchanged 6.02 27/32.
*8pct
Aug.-Sept. Oct-Dec
Jan.-March Market:Quiet.
K
The London-New York CroS6- rate was quoted at 5.05. The New York-London rate was quoted at
MARKET ...Opened quiet but later eased oir slightly owing to some speculative demand.
STERLING
BENJAMIN AND POTTS
Tuesday, July 21.
Opened with seller's at 1/3 7/10 'Mesars. Benjamin and Potts re-
for near and forward leading to ceived the following Straits cur- rency quotations (buyers) trom business at 1/3 7/16 December. Singapore to-day for Raw Rub-Later offers at 1/3 7/16 were ac-
HONG KONG DAILY PRESS, WEDNESDAY, JULY 22, 1936.
H. K.
STOCK EXCHANGE
YESTERDAY'S
OFFICIAL "QUOTATIONS
The steady tone of the market reported in our last issue continu- ed to-day resulting in a fair turn- over and in most cases at higher rates than those quoted in the opening list.
Sales have been put through in Hotels at $4.80, Lands at $301, China Lights at $10.95, Dairy Farms at $204. Wharves at $90
and Star Ferries at $89, Tele- phones (Old) were wanted at $26 with no shares offering.
The Manila market was quiet. DUYERS
H. K. Steamboats, $2). Wharves, $87.
Providents (Old), $1.20.
Vend. Goldhelds. $42.
Antamoks, $485.
Atoks. 80cts.
Bagulo Gold, 33 cts,
"Big Wedge. 60 cts.
Masbate, 85 cts,
United Paracale, $1,20,
Hotels, $44.
HK, Lands 4% Debentures, 100.
Star Ferries; $869.
China Lights (Old). $10.85.
Electrics. $504.
Telephones (Old), $28.
Malabor. Sugars, $91.
Cements, $9.10,
Dairy Farm. $26.
Constructions (New). 30 cts.
Govt. 4% Loan. 7% Prem. Govt. 3% Loan, par
SELLERS
:
Union Insurances, $5221. Union Waterboats, $12. Hotels, $4.80.
China Lights (Old). $11.
SALES
H.K. and W. Docks, $147/15. Providents (Old). $14. Baguio Gold, 37 cts. Demonstrations, $1.35. IX.L. $2.95.
Paracale Gumzus, 65 cts. HK. Lands, $30).
Hong Kong Trams, $11.80/11.85 China Lights (New), $7.00 Cements, $9.15.
MANILA CLOSING SALES Antamoks, P.3.25. Atoks. 0.53. Baguio Gold. 0.23.
Benguet Consol. P.12.30. Benguet Explor., 0.21, Elg Wedge. 0.38. Demonstrations, 0.89, I.X.L., P.190.
Itogons, P.1.15. Masbate, 0.57, Northern Mining. 6.221. Paracale Oumans, 0.41. San Mauriela, 0.87, Suyoc Consol..0.32, United Faracale, 0.79.
H.K. SHAREBROKERS' ASSOCIATION
Buyer's
Wharves, $871.
• Providents Old. $11. Lands, $301.
China Lights New, $74 Electrics, $50
Telephones Old, $252. Beng. Explor.. 31 cta. Consol. Mines, .051 cts. Demonstrations. $1.35 Ipo Gold. 32 cts. Paracale Gumaus. 65 cts. Salacots, 114 cts. San Mauricio, $1.32. Suyocs, 51 cts, “ - United Paracales. $1.20
Sellers Providents New, 25 cts. Hotels, $4.50,
LONDON EXCHANGE RATES
Faris Geneva
Berlin
Athens
Milan Shangbai New York Amsterdam
(Bertina: WirkLING HERVICHYİ
July 18.
July 20.
75 57/54
13.96
12.46
73 63/64 15.371 12.474
631
631
1/2 7/16
1/21
5.03
5.031
7.281
7.39
Vienna. Prague
1214
Bucharest
********
36 21/32
964
25.741
23.771
39
5.034
5.031
Madrid
Labon
Hoar Kong
Brussela Montevideo!!
Belgrade
Montreal
Yokohama
Helsingfors
Flo
Buenos Aires
Silver (Spot
Silver (forward)
191
Closing Quotations
July 1, 1936.
On LONDON: -"
Telegraphic Transfer... 11,3 Band Bills, on demand † 6/16 Bank Billa 4 months'
ON NEW YORK:-
191
19 11/16 31061
Bank Bills, on demand 39 1/16 Credits, 50 days' sight. 32)
ON BATAVIA:-
*
On demand
461
sight
ON PARIS:-
Credits four months'
Bank Bills, on demand 484
right
1/311/16
Credits, 4 month's hight 515
ON SHANGHAI
ON SAIGON —
On Demand
106)
On demand
ON SINGAPORE:-
ON MANILA
On demand
54
On demand
On JAPAN:-
ON BANGTOI:-
On demand
1091
Telegraphic Trapafer..... 84 Bank, on demand.........
On demand BovaGs, Bank, Buying
Bate
ON INDIA-
140)
1/11/10 BAR BILVYE, per di ....................... 191
NEW YORK STOCK
New York: July 21.
EXCHANGE
(I'browɛn Heutery Agency)
QUOTATIONS
New York/London Cross-rate New York Cotton-Oct. New York Rubber-Sep. Chicago Wheat Sap Chicago Corn -Sep." Silver-Official
Last Today'n High Low Close Close
Change
-6.03-8,8$ 6,09-27/32 | off 12.45 1216 117 12:31 16.02 16.51 1438 18.51 102 1011 101 103
Dow Jones Averages High-1934/35
30 Industriais
20 Baile
20 Utilities
40 Bonds
11 Commodity Index
Stocks
Adams Express Amer. Can
Amer. Cyanamia B 36+ Am. For. Power Am. & For. P. $7 pt...409 Am. Light & Trac.
81
271
27
86
551
Amer. Locomotive.... 214 Amer. Radiator... Amer. Rolling Mili... Amer. Smelting. .............." Am. Sugar Refining 171 Amer. Tel & Tel, ... 102 Amer. Tobacco 'B'... Amer. Waterworks... Anaconda Copper Atchison, T. d 8. Fe. Atlas Corpn...!! Auburn Baltimore & Ohio... Bethlehem Steel Boeing Airplane Co. 241 Borden Co. Eklyn Manhattan "
Trans Corpn. Briyn Manhattan
1011
251
381
821
30% 13
324
211
534
30%"
491
$6 'cum. pf... b1007 Case, J. 1. Canadian Pac. Rly. Chase Nat. BL..
Corpn.. 83 b Chesapeake
Int. Tel & Tel..
Kennecott
14 op .05 up
unchanged.
PRESIDENT LINER TRAVEL SERVICE
is Yours to Command
President Liners' frequens saillugs and their unique stopover privileges allow you to travel jut exactly as you choose, And Dollar Steamship Lines, and a cerican Hill Line worktwide offices, and agents are malatained to serve you ashore in whatever pince you shines to be. Make your next trip more enjoyable, travellisg "The Ironidani Lios way.*
To SAN FRANCISCO
Via Shanghai. Kobe, Yokohama, Honolulu. San Francisco. Fanama Canal, Havana, New York. Pres. Lincoln & am July 28th Pres. Hoover 8am. Aug. 8th Pres. Cleveland M'night Aug. 25th Pres. Coolidge Noon Sept. 3th Prom, Taft M'night Fept. Sind
EUROPE, NEW YORK
To SEATTLE, VICTORIA
via Shanghai, Kobe. Yokohama and Victoria.
Pres. McKinley M'aight July 31st M'night Aug. 14th Pres Grant Prex. Jefferson M'night Aug. 27th Pres. Jackson M'night Beut. 1 Pres. McKinley M'aight Sept. 5th
MANILA
THE MOST FREQUENT
SERVICE
Next "Sailings
Via Manila, Singapore, Penang, Colombo, Bombay, Suez Canal Naples, Genoa and Marseilles. Prez Hayes 81, Aug. 1st Pres, McKinley Pres Wilson 8. Am. Anath Pres. Hoover Pres. Monroe 8. Aug. 20th Pree, Hayes Pres. Van Buren 8 a.m. So t. 1th Pres. Grant Pres. Garfield 8am. Sept. 26th | Pres. Wilson
& p.m. July 25th
9 pm. July 30th
8 m. Aug. 1st
8pm. Aug. 8
8 Am. Aug. 17th
MOST FREQUENT SERVICE ON THE FACIFIC
DOLLAR STEAMSHIP LINES AMERICAN- MAIL LINE
PEDDER BUILDING-KONG KONG. CARTON, BRANCH —Ą, SHAXB BOAR
FRANCE AND THE FUTURE
NO TIME LOST WITH SOCIALISM
Right's Fears Of Moscow
(Special Air Mail Service)
Paris, June 27. 'The speed with which the So cialist experiment is being put into operation in France is un- diminished. The 40-hours week, the annual fortnight's hollday with full pay, and collective trade con tract for labour are now law.
CONSIGNEE NOTICES.
COMPAGNIE DES MESSAGERIES MARITIMES
CONSIGNEE NO.10.
8,8 MIN" 020/36.
BRINGING CARGO FROM DUNKIRK, ANTWERP do
AVID HONG KONG on MONDAY, Tx 2011 JULY, 1936.
CONSIGNEES are hereby informed that their goods with the exception of Opium, Treasure and Valuables are being landed & stored into the godowns of the Hong Kong Kowloon Wharf and Godown Co., Ltd, Kowloon, whence The determination of the Gov-delivery may be obtained immediately
after landing ernment to stimulate a return to economic activity by a massive ex- penditure on public works is illus-will not be recognized. trated by the announcement to-
All Claims must be rent in to me on or before the aist July, 1936, or they
Damaged Packages will be examined day that it is to demand Parlia-doddard & Douglas in the presence of by the Company Barvayors, Mezers. mentary authority for an outlay the Consignees at 10:00 am. on the totalling £73,000,000 this year, and 17th July, 1936,
£106.000,000 in each of the follow- ing three years.
Consignees must bare a Revenue.. Officer in attendance when any daliable
Surveyors.
The Industries concerned in the goods are examined by the Company's No Fire Insurance will be affected by Immediately to be nationalised. Į us in any case whatever. -
B OBL
Agent
[4573
Interior can claim that they have Hong Kong 20th July, 1980. been carried through without vio-
The Minister of Finance can similarly point to a rise in Govern- ment securities, to a cessation of the export of gold, and to an im- provement in the franc
It does not follow, however, that these satisfactory indications are accompanied by universal optimism with regard to the future.
The "Journée Industrielle" points
CONSIGNEES". NOTICE.
THE BEN LINE STEAMERS, LTD.
FROM LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS,
THE 8.3. "BEN LAWERS."
82
442 443
164.42
142.13 184.42
-1
52.91
40.66 62.87
25.16 103.44 68.60
Low: July 18. Jály 20. Change 154.42 01 up
62.01
.64 up 28.23.36.01 35.37 .99 up 88.92 103.27 103.35 .08 up 55.59 unquoted 64.71 Business Done:-1,420,000 shares.
Last Bale
แ
July 18 20
Stocks
121
G. Westers Sugar
+4
125 1351
Humble. Ol............
Last Sale July 18 20 354 38 671 671
Int. Harvester Co.... Int. Nickel
812
821
501
51+
14
13%
manufacture of war material are
Loew's Inc.
421
44
511
514
Lorillard
And yet, revolutionary as these in-
237
241
McKesson & Rob-
novations are, the Minister of the
4240
434
bing Inc.
Monsanto Chemical
Montgomery Ward...
957
95ல்
lence and without the loss of a
Nat. City Bk !!.....
431
431.
single lite.
411b
41
Nat Dairy Prods....
271
27
Nat Distillers 284
281
Nat. Power & Light
13
New York Central...
401
North American ...
334
13 302 348
Northern Pacific ....
Facific Gas & Elec, Pacific Lighting Packard Motor
201
404 409
577
581
Paramount Picture
Incor:
10%
11
01
83
out to-day that gold exports have.
CONBIGNEES 1. Cargo mis hereby
Pennsylvania,
R. R
Phillips Petroleum 45%
361
367
perhaps, been suspended because
informed that all Goods are being
461
there is no further avaliable capi- landed at the risk into the bazardous
157+
Pure Ou Co
13+ 47 b
Pub. Service of NJ.
472 481
201
21
4810
Radio Corpn
113
12
Radio Corpn "B"
$5 of
bidsł
10610
Reynolds Tob B... 654 Schenley
Echenley 51% p...
Bears Roebuck .....
Bocony-Varutim,
391 98 787 701 1414
552 19 991D
9thm. Cal. Edison 30% .31+
Sthen. Pictile Millen
Etand. Brands
Stand. Gaa Y Elec
371 161 B
387 16
Stand. Of of NJ... 65 641
131
Sterling Prods....... 724
731
334
swift International 1304
731
734 Technicolor
*261
61
191
Texas Gulf Bulphur : 35 Transamerica
131
48 .444
20th Cent. Fox Fum.
COIDELI
221
71
20th Cent. Fox Film,
pl.
164
137
Un Carbide & Car-
bon
201 27
35 b 351
051 954
-241
Un. Pacific
135
135
Ua. Aircraft (New)
261
253
53
*773b78)
Un Airline Tra 18
171
221
Un, Corpn
8
8
Benguet Con.
12.30
87
Benguet Explor
20+
21.
Un, Corpn.: $3 eum.
Big Wedge
39
38
161
Dr.
411
471
57 b57.b
Un. Gas Improve-
"
Demonstrations
88
90
401
ment
171
171
Itogons
1:15
.1.15
Masbate
57
57
[ tively.
Northern Mining
22
22
U.S. DOLLARS,
Paracale Gumaus
40
41
IN THE AFTERNOON
Chen, Foods Gen: Motors
41.
U. B. Indus Alcohol
35
361
694
IX.L
1.90
1.60
San Mauricio
03.
Buyoca
32
32
IN STERLING
United Paracale
78
Market
Business was done at 32 5/16 for Gen. Bly. Bignal The market was easter in the July delivery. The market clos-cold Budi afternoon.
ed with ema ellers at 32 (1/7 Goodrich Tvis July, 32 3/16 Angust October and | Goodyear- 79 Business was done, at 1/3 13/32 32 1/8 November-December. Buy Quiet Steady for forward and near, finishingers at 1/18 higher respectively.
371 381
631
13
Vanadium
201 201
101
Warner Bros. · Picts:
114
Westinghouse | Pieć: 1344
the Rly DL38
Call Moris
19%
111 1334
··1%
1
ber:
Spot Aug-Sept,
Oct.-Dec. Jan.-Mar, Market:-Quiet
27 cis, up ct.
271 cts. up i et 27 cts up t 271 cts. up' ct.
1
uphi
PHILIPPINE MINING
The
RATES
Tuesday, July 21..
are to-day's following opening and closing rates on the Manila Stock
Antamoks Atoka Bagulo Gold
Opening ClosINE
PB. P6.
3.20 3,25
cepted for August July and cash and a transaction was also report- ed at 1/3 13/32 for December. The market closed at 1 pm. with Ballers at 1/3 7/16 cash and -1/3 13/32 July-December. buyers at 1/32 higher respectively.
U.S. DOLLAES Business was done during the early part of the morning at 32: 6/18 for September delivery, 32 3/8 was also arranged for cash. The market closed at 1 p.m. with sellers at 32 5/16 for cash, 32 1/4 July-October and 32 3/18 Novem ber-December, buyers at 32 3/8 for cash, 32 5/16 August-October and. probably 32 1/4 November-Decem- ber.
AHANGHAI DOLLARS
Opened early in the morning with business done at 107 1/2 for
53 cash followed by transactions at 23107 9/16 October. There were 12.30
sellers at 107 3/8, buyers at 107 1/2 for cash.
Cements, 394. Consol. Mines. „06) cts.
Fales
Wharves, $87. Providents Old. $1k.. China Lights Old, $10.90. Demonstrationis, $1.35. Gold Creek, 17 cts, Northern Mines c.rts.. 38 ct Paracale Gumaùs, 68 cts. Atoka, 85/89 cts.
。",:,,·
Chesapeake & Ohio 881 Chrysler Columbia Gas & E.
116
21'
« * T % F F C C F C ⠀ ⠀ ⠀ ⠀ ********* • ¿a¢3⁄4×¢§¤g** • Exa¤F*±‡ Ø忶¤ @ 6567788ETTO A
68
15
34.-31
C. G. & E 6% 'A' pt. 1051
Credit Commercial Comi. Bolvents Comm, & Southern
(ard.). Comm. & Southern
(ord.) $ cum, p. 76 41 Consalid Ges of N.Y. Consolid. Dil REICHSMARK RATES
Continental, 00...... Hong Kong Dally Presa" Special) Com. Products
Berlin, July 20.
Curtis Wright (C) The Reichsmark was quoted Curtiss Wright 'A... (without guarantee) at:
Delaware & Hudson Distiers Corp Sea-
New York
Paris .....
Amsterdam
London
40.30 608.75
59.22 12.4875
Transocean News Sérovca.
STEMS Douglas. Aircraft
Du Pont de Nemours 1644 Paris quoted the 'Pound Sterling Electric Boat......... at 75.97 to 76 and the U.S.A. Dol-Elec. Bond & Share lar at 15.095 to 15.090.—
Kec. Band & Share
£5'pl. mini Hec. Bond & Share
$8 pf. with small sellers at 1/3 13/32 Elec. Power & Light There were sellers of Sterling at July and 1/3 378 August-Decem- Gen. Cigar 1/2 3/8 and US. Dollars at 30 1/8ber buyers at 1/92 higher respec- Gen: zerle for cash,
SHANGHAI MARKET.
US Khober
D. 8. Btex.
Band
Godown Co
tbe wharves
Deftery may be
from btained.
خون
tal to take away, or perhaps be- and/or extra hatardosh Godowns of the cause it is gently required at Hong Kong and Forkou home to meet the demands created by the new Labour, legislation.
No Claims will be admitted after tha Moreover, all the newpapers bf Goods have left the Godown, and delivered after the Right express considerable Goods remaining pessimism with regard to the post-25th July, 1936, will be robject to Heute All Claims against the Steamer must tion when the increased production;
be presented to the Undermignied on ov costs resulting from
Before the "8th Aug, 1988, 'ör They wages cause the small factories to will not be recognised.
increased
close down, thus adding to the To complyh the General Banded unemployed, and make it impossi-Warehouse Regulations, consignees must
ble even for the larger factories to sell at prices which can compete with imported goods,
Revenue Offer in attendance arimided antiable goods are
when examined
“All brošten, comfod ând dariagad Goode fire to be left in the Godowna, where shey will be samined on the 2ord July 1986, 5 sa by Kenny." Carméliolta Ulark.
by:
No Fire lessrande has been efected. Bills of Lading will be countersigned LOXLEY & CO. (OHINAY LAD. Agenta.
[467]
Hong Kong, 20th Julz, 1986.
SOVIET AIMS. Nevertheless,
Bless, it is not only on the Right that there are signs for anxiety, many" Radicals and Sor cialists fear that the recent "stay- in" strikes may eventually lead to W a movement towards direct opera tion of the factories by labour.
They especially fear that such a movement, may be inspired from Moscow by motives placing.Russia's than Russin before his 'enormous interests before those of the French war machine has either become working class.
out of date or has brought down This, of course, is also the view the German financial edince with of the extreme Right, and it is 'de- | a crash, s veloped in an exaggerated form by The argument is that although to-day's "Action Francaise" which Moscow would a short while ago says it has reliable Information have preferred a strong France as that the Soviet, intends to start an ally," it now, considers that as new labour troubles in France in the German Rhineland fortifies August, and to carry them to the tions will prevent France from giv point of political revolution, ing any effective assistance to The Bovlet's object, according to russis when the later is attacked, the "Action Francaise)" is to create it is preferable that the German such anarchy that Herr Hitler may onslaught shall be diverted west-
wards.
be tempted to attack France rather