THE TAIKOO DOCKYARD & ENGINEERING COMPANY OF HONGKONG, LIMITED.
BUILDERS OF ALL CLASSES OF SHIPS:
BUILDERS OF RECIPROCATING STEAM ENGINES. BUILDERS OF MARINE AND LAND BOILERS.. BUILDERS OF TURBINE MACHINERY
Under, License From Messrs. Parsons.
„BUILDERS OF DIESEL ENGINES
Under Special License
From Messrs. Sulzer Bros., Winterthur.
Licensed To Manufacture Lanz Perlit Iron, Specially Suitable For Internal Combustion Engine Working Parts.
DOCK & SLIPWAYS.
FOR DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS,
ON ANY TIDE.
ALL CLASSES OF SHIP, ENGINE AND BOILER
REPAIRS AND EXTENSIVE
WELDING, BOTH ELECTRICAL AND OXY- ACETYLENE SKILFULLY AND PROMPTLY CARRIED OUT.
BUTTERFIELD & SWIRE, Agents,
HONG KONG, CHINA & JAPAN,
Txi. Avvrxas: "[TAILGODOCE," Hong Kong. TELEPHONE: 30211
CALL FLAR: "NUMURAL ONE "ÖTER " PANNANT ÄNK”
USE
OUR SPECIAL
AEROMAIL
LETTER PAPER & ENVELOPE
AND
PAY LESS ON POSTAGE
Letter Paper Envelopes
$1.50 per 100 Sheets $1.75 per 100
ON SALE AT
HONGKONG DAILY PRESS
35-19, Queen's Road, Central.
Telephone 30251;
HONG KONG DAILY PRESS, MONDAY, JANUARY 25, 1937.
THE SHARE MARKET
Harriman's Weekly Review
Saturday, Jan. 23.
Messrs. G. A. Harriman & Co.'s weekly share report and market review issued at noon to-day states:- 14
Business continues brisk in min ing shares but local descriptions are rather off colour, for there is no doubt the greater speculative possibilities of gold shares draws operators to the Manlia market leaving our local shares neglected and inclined to sag, from neglect,
moderate
There has been volume of business transacted in utility shares, China Lights being favoured up to $13.70 and the New shares dealt in at $10.357 Bales
of Hong Kong Electrics were negotiated at $58 and $55 closing. Star Ferries offer at $93 cum, on publication of the preliminary annual figures, which disclose the Anal dividend to be $3, making $5 for the year (against $5.50 for 1935). Telephones (old) eased to $28.75 sales the "New" to 310.50. Trams close in better enquiry, after earlier weakness, at $12.60 buyers.
their
Hotels have suffered usual (prior to Settlement) decline with sales down to $5.50, at which rate
there are now buyera. Weak holders, the aftermath of last year's overbought position keep this "stock from responding to the much improved trade in the Colony's hotel business. Realtys are a neglected stock around $4.50 nominal Lands have again come in for enquiry, and after sales at $34 can be taken at $341. Humphreys have appreciated to $9.75, Docks have improved to $14.65, and should higher.
KO Cements remain idle, either side of $11 Constructions (new)
can be taken at 45 cta. Providents (old) were depressed to $1.45, but close at $1.60 buyers $1.65 sellers and Wharfs improved to $110.
NEW YORK STOCK EXCHANGE
(Through Router's Service)
QUOTATIONS
Now York: January 16.
New York/London Cross-rate New York Cotton-Mar. New York Rubber-Mar Chicago Wheat May Chicago Corn
---May Bilver Oficial
Dow Jones Averages,
Last Today' High Low Close Close
410-11/33-0 1248 12.43 12.47 12.47 BU.75 20.70 20.68 20.58b
126 126 108 107
Jan. 23.
THE
Change
unchanged 03 off
пр
13. “BIRAM
TCB 100
30 Industrials
20 Bails
20 Utilities "
1938 High Low Jan. 35. 187.80 143.11 186.63 80.48 49.68 SKLOS 37.79 40 Bonds
146 01 *11 Commodity Index 81.07
Biga Low Close Change 1878 185.82 186.80 .16 up 46.31 65.78, 30.08 .0% pi
28.03. 30,94 98.99 106.68 · 65.58 27.08
77.08 .03 od Business Done:-1,(90,000 shares.
37.18 36.83 37.0%
.06 ap
106.86
Stocks
Blocka
Adams Express
Allis Chalmers
|
Amer, Can
Last Hals Jan
-18
821
22 23
181
821
1141 112
34
481
41
261
Am. Car & Foundry Amer. Cyanamid Amer. & For, Power: 134 Amer, & Far, $7 pc. 878 Amer. Locomotive... Amer. Metals Amer. Radiator Amer, Rolling, Mi... 352 Amer. Smelting ....
001 Amer. Steel Fdries.. 21 Amer." Sugar A.......... 54. Amer. Tel. & Tel... 183 Amer, Tobacco "B" 98 Amer, Waterworks ... 27) Anaconda Copper 55 Atchison, T. & 8. Fe." 141 Atlantic Refining Atlas Corpn. .........
341 177 Auburn Motors 3ft Baldwin Locomotive Baltimore & Ohio... 274
$7 cum. pt.
Barnsdall Ol Bendix Aviation Bethlehem Steel .... Boeing Airplane Borden Co. Briggs
---
93
M'facturing 551 Brooklyn-Manhattan
Trans
Brooklyn-Mannattan
Chesapeake
Banks have kept fully steady and | Certalni-Teed P'ducts_183 many shares have been taken | from $1870 to 1877 cum dividend. Unions continue to advance, and closing transactions were made at $825. Hong Kong Fires came to business at $301) and Cantons at $307) Rauba are better, on the slightly increased output, and are again over $13 bid.
38
33
131
481
27
35
952
701
542
1831
⠀ * ⠀⠀ ⠀ ⠀ ⠀ ⠀ * * × × ⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ***** *** F*** • ha* ********** ******* 4 #### # ⠀⠀ *******⠀ ⠀ Faằng
עם ופ,
Last Sale
Jan.
CHINA-SIAM
LINE.
HONG KONG-BANGKOK -
leaving Hong Kong 28th January yis Swatow
HONG KONG-SWATOW-AMOY "HAI HING* leaving Hong Kong 25th January Accepting Passengers & Cargo for all the abuve motioned ports. HONG KONG-SINGAPORE PENANG HANGOON Regular Express Servios
·m.&. "HAI HING" leaving Hong Kong 30th January Accepting cargo for all the above mentioned ports.
Excellent passenger accommodation available. For freight, pasange rates and all other information—Apply to m THORESEN & CO., LTD.
Queen's Building.
22 23
421
372
Tel. 30237.
Great Northern Rly. 421 Great Western Bugat (374 Holly Sugar Corpn. Humble O............ion Int. Nickel Int. Tel. & el ...... 131 131 Int. Dept Stores
364 311 60%
Kennecott Copper.
121 84 64
Lambert Corpa. .......... 214 21 Loews Inc. 74 74 Lorillard
241 241 McIntyre Porcupine McKesson & Robbins 461 Monsanto Chemical 98 98 Montgomery Ward 571 Murray Corpn. .......
Pennsylvania RR
19
45
*** ****8*** *8***⠀⠀⠀¢ ¤¤¤¤¿¤¤¤ ⠀⠀¤¤¤¤ *6****6*⠀⠀ ⠀¿¢##9**** * ⠀⠀* ** ** * TEECCHE F**
General Aponta.
S.S. "BENAVON"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH on or about the 9th February.
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
Next Sailing for SHANGHAI & JAPAN S.S. "BENMOHR "
5th Feb.
For Freight and Passage apply to:-
W. R. LOXLEY & CO., (CHINA) LTD.,
York Building." Agents;
THE BEN LINE STEAMERS, LTD.
1857
19
271
541
741
351
171
32
Nat Cash Registor. 341 Nat Dairy Products 234 Nat Distillers
281 281 Nat Power & Light 13 New York Central 42 Niagara Hudson P
Согр
341
233
131
171
221
North American.... 32+ Northern Facinc .....
32}
28+
281
334
"341
Pacific Gas & Elec. 371
Pacifc Lighting
51
51
700
Packard Motors.....
11+
111
954
36
Paramount
271
21+
281
- 421 42$
Tol. 99533
Phelps Dodge 'i i
511 51
Phillips Petroleum .. 31.. 521 Public Service of N.J. 52 Pallman, Inc.
521
7011 69
$8 cùm, pf.
100* 101** case. J.L
.............. 181- Canadian Pacine .... 15 154 Celanese Corpn. of
America
Pure Oll
22
221
159
"
30册
304
Radio Corpn of am. 114 Republic Steel Reynolds Tobac. "B" 57 St. Joseph Lead. Co. Schenley
113
CONSIGNEE NOTICES,
364 351"
561
441 441
194
Schenley 54% pf.
98
97
894*
Sears Roebuck.
801 851
Shell, Union. Ou
171
17+
1221
Bocony-Vacuum
31 31
1834
Southern Cal Kaison 488
49
Southern Pacine
261
271
Bouthern Rly 5% pl. 404
50
Stand Brands
161
157
32.
Stand Gas & Elec. 13
127
Stand Gas & Elec.
721* 711
$t pl. insera 584
583
407
Standard Oll of NJ. 69
71.
16 161
Sterling Products
731
43
443
693.
691
Swift International 321 321 Technicolor
214
22
214
511
74 71 Texas Gulf Bulphur Tidewater Assoc: Oil ..214
Timken-Detroit Axls
40%
401
201 2011
241
244
Transamerica
Vinterk
181
181
122)
20th Cent. Für Films"
37%
281
201
20th Cent. Fox Films
pt.
461
174
Un. Carbide & Car-
174 175
bon
***-**- 1051.
131
134
Un. Pacific... 1301
1051
1311
257
United Aircraft
301
31
Un. Airline Trans-
...
23}
United Corpn.
851
Corpn. $3
23
cuma 11.
461
Un. Gas Fprovem't 18
341 Un. Light & power
Firestone Tire & R 421 Fitkoté
421
·HAN
39 381
7.9. Industrial Alco-
hoit
109
101
$9
384
64
831 U.B. Rubber
538
431
421 UB. Rubber. 18 p. 981
682
US. Steel
87
021
811
Vanadium
Warner Bros Pict
AM
154
151
221
221
Westinghouse" ec. 166 Youngstown
1831
Sheet
151
& Tuberset
80
791
934 33
Chase National" BL
524*
$31.
80% 801"
National City Bank 282*
481*
831
33-
Call Money
·1%
•Bid
Cerro de Pasco ...... B01 69+"
Corpn. 894 Chesapeake & Ohio 667 Chrysler Corp. 1214 Columbia Gas & 18 Columbia 8% "A" pf. 185)* 104
Credit 88 Commercial Commercial Solvents 201 201 Commonwealth és 8.
31 Commonwealth
cum. pr. Philippine Mining shares, East Consolidated Edison 481 Mindanao have proved the po- Consolidated Oil pular favourite and large numbers Continental Oli have been taken up to 73 cts with
Corn. Products closing buyers at 71 cta Demon-
Curtiss Wright (C)) strations improved to $1.60 and Curtiss Wright "A" are worth buying on any decline. Delaware & Hudson 501 Gumaos-Gold have dropped back Del Lackawanna to 80 cts., the heavy buying of the Western
.1231 previous week based chiefly on Distillers Corpn Bes. expectations having been overdone.
STAINS Coco Grove have rather dis- Douglas Aircraft
Du Pont.... ding 4 cts. to $1.44. Consolidated Electric Boat on Saturday for Londen via ports:
Mines have been freely dealt in Elec. Bond & Share 28 Miss E M. Beavis, Miss Bourne,
around 7, cents, and Ipos are en- Elec. Bond & Share quired for at 52 cents. Mr. F. C. B. Black, Mr. and Mrs
$5 pi....... Big During the year 1938 Harland lot of their former popularity and
Wedge appear to have lost a Elec. Bond & Share B. Burr, Mrs. B. E Broome, Miss and Wolf, Limited, launched
$8 pí. G. M. Cotton, L/Sgt. and Mrs. B
106,402 tons of shipping and con-share, Small sales were made at dealing locally is difficult in this Clark and four children, Mr. Astructed 89,030 1.hp. of marine pro- 65 cts. Ban Mauricios are higher Cotton, Mr. J. M. Cotterill. Wing-pelling machinery. The figures do
at 35, but United Paracale eased to $2.30.
PASSENGERS
S.S. RANPURA
The following passengers left Hong Kong by the sa. Ranpura
HARLAND &. WOLFF
Output For 1936 And appointed the optimists, in shed-
New Orders
not include 'land and rail traction
Comdr. W. A. K. Dalzell, Mr. and work. Mrs. J. Davidson. Mrs. Domican and infant, Miss B. B. Dakin, Mr. and Mrs. K. D. I. Duncan, Mrs.
Fuller, Mrs. F. W. Foster, Mrs. N. E. Foster, Miss M. J. Foster, Mr. D. H. P. Gardiner, Major and Mts. B: H. Garrard, Miss E. Groves, Col and Mrs. E. Gold, D.5.0, Miss M. Gold, Mr. T. M. Hazelrigg, Mr. T. J. Herriott, Mrs. A. Hunt. Miss
Closing comment:-Hong Kong Market quiet Manila, very steady.
The rear has been one of much activity in all departments (says a statement issued by the com- pany), and many vessels of out- standing characteristics have been tion Company, and which is the built. As is customary, the output first motor-ship constructed in returns published include vessels this country for the company; and completed during the year is a launched only, but the list of ships at this yard also the new passenger comprehensive one, and includes tralian Government will be built.
motor veisel for the Western Aus- fast passenger and mail liners, Empire food ships, colliers for the Australian coast, tankers for short
LA. Harverson, Miss A. C. Har-sea routes, and ocean tankers, and mail liner for the South verson, Mrs. M. J. Jarvis and two cruiser for the British Admiralty, children, Miss M. E. Jonce Dr. H. and a Diesel electric tug tender Jameson, Mr. and Mrs. B. M.
and fire toat.
774
851*
Elec Power & Light Elec Power & Light 231
ST pi........
Gen, Asphalt .......... 52 52 Gen. Cigar Gen. Electric Gen. Foods Gen. Railway Signal Gen. Motors
Gillette Safety Razor Glidden ".....PRÁŠKAS) Gold Dust 154 Goodrich (B.P.) Goodrich $5 pl....... Goodyear
1 ex. div.'
United
PHILIPPINE MINING
NEWS
157
Kauffman, Mr. D. Keys, Mr. E. Le Sage, Mia M. I. Lamont, Mr. M. Murphy, Mc. A. Mackenzie, Stoker/P. Noake, Hon. Mr. and Mrs. R. A. C. North, Mr. and Mrs. Olding, Mr. H. Phillips, C.M.G., OBE, MISEL Phillips, Mr. and Mrs. Price, Mr. and Mrs. A. S. Petty, Miss D. M. Patty. Master D. J. Petty, Mrs. Peake, Mrs. F. W.
of the Blue Star Lane, are also The machinery for the extensive Pearson, Mr. and Mrs. W. Ritchie listed in Lloyd's "Vessels of Large re-engining programme of the and infant, Master R. P. Ritchie. Rize," and here, too, the Kanimbla Union-Castle Company is also un Mr. and Mrs. G. C. Reifel, Master which was built for the contwise der way, and the five ships to be G. Reifel, Miss A. Reifel, Bgt, and Mrs Smith and two children, Mrs. Service of Meliwraith. McEachern, reconditioned are expected at re- gular Intervals at Belfast during 1937 and 1938.
Other important contracts in hand include the large passenger
African service of the Union-Castle Line, and two fruit ships for this company somewhat larger than the Rosin Castle. Three large 10,000 tons gross classed by Lloyd's Messrs. Lamport and Holt, and In the list of vessels of over cargo Hners have been ordered by Register during the year 1835-6, cargo liners with refrigerated space 88 shown in the report of the society's operations, the Union Line and the Pacific Coast service are also buliding for the Donaldson Castle liners Athlone Castle and of the Royal Mail Lines; also motor the Stirling Custle, built by Har-passenger vessels for the Liverpool- to join the start of Developments, did special geological work for land and Wolf, occupy second and Dublin service of the British and Inc., Roger W. Clarke, president, third Sydney Star and the Empire Star,
places respectively. The Irish Steam Packet Company.
E. M. Sclater, Miss B. M. Sciater. Mrs. J. Stone, Mr. C. D. Stewart, Mrs. E 8. Smith, Mrs. E. P. Swallow, Mra O. M. Sharp, Mr. and Mrs. J. Taylor, Mr. and Mrs. G. L. Wilson and infant, A.B./L R. Williams, Mra. White, Miss H. N. Willams.
Limited.
DIESEL VESSEL Incidentally the Govan yard has under construction another Diesel- propelled vessel for the Australian coastal refrigerated cargo service of the North Coast Steam Naviga-
Warship work is occupying a position of increasing importance in Belfast, and a cruiser bearing the name of the city was awarded to Harland and Wolf during the year by the British Admiralty.
Paul F. Boswell, mining engineer
announced.
CONSIGNEE NOTICES.
SERVICES CONTRACTUELS, DES
· MESSAGERIES MARITIMES.
CONSIGNEE NOTICE,
88. ARAMIS" 5'A/37. BRINGING CARGO FROM MARSEILLES, vis Ports, etc. ARKIVED HONG KONG or TUES- DAY, ȚIN 1975 JANUARY, 1937,
SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES
CONSIGNED, NOTICE.
8.8. "MIN 310/37.
BRINGING CARGO FROM DUNKIRK vis ports, etu.
Arvo FONGKONG. BINDAI, THE 9TH JANUARY, 1937.
NONSIGNEES are hereby informed that their goods with the exceptica of Opium, Treasure and Valgables being landed and stored into the doNSIGNEES are hereby informed that their goods with the exception downs of Hong Kong, Kowloon Wharf of Opium, Treasure and Valtables che Godown Co., Ltd., Kowloon, hence being landed & stored into the godownl delivery may be obtained immediately of the Hong Kong Kowloon Wharf and after landing.
Godown Co, Ltd., Kowloon, whence
All claims must be sent in to me on or before the 29th Jan, 1937, or they will not be recognised.
delivery may be obtained immediately after landing...
mart be sent in to me on Damaged Package will be examined or before the 4th Feb., 1997, or they
Goddard
by the Company Surveyor, Mears will not be recognised. Goddard & Dongles in the presence of Demagi the Consignze 10,00 km, or day, 26th Jan., 1937
Consignee must have Bavenue Officer in attendance when any datiable goods are examined by the Company's Surveyors,
No. Fire insurance will be effected by us in any cue whatever.
R. OBL,
Agent. Hong Kong, 19th Jan., 1937,
CREAM be amiffed
Surveyors, Merere. & Dengise in the presence of the Consignees at 10,00 10. Saturday, the 30th Jan. 1937.
ODI
Consignees must Kavé & Revenue Ofer in attendance when any dutisbie goods are examined by this Company's Barreyors
No Fire Insurance will ha affected by us in any case whatever.
OBL Agent, Hong Kong, 24th Jan., 18372-70 [4974
FRANCO-DUTCH ̧
DISCUSSIONS
(4967
Paris Jan. 22. Franco-Dutch economic deli- berations began here on Thursday in the Ministry for Trade, their abject being to supplement and renew the quota agreement of January 13, 1934, Those special questions that affect, the Dutch East Indies are to be dealt with in a separate set of negotiaisons, Transoceam News Server
BRITISH LOAN TO FRANCE
CONSIGNEES' NOTICE.
THE BIN LINE' STEAMERS, LTD.
FBOM LEITH, MIDDLESBRO”, *ANTWERP, LONDON MAZAAR. STRAITS.
linded
Tez 8.8. "BENVORLICH."
ONBIGHERS" of are
infoticed that as Goods are being their risk into the hazardous and/or extra bazardous Godown of the Hong Kong sed Kowloon Wharf and Gödows. Cha Lily when a morja bera the wharves Delivery may be
obtained.
No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 26th Jan, 1937, will be subject to Romt. All Claims against the Steamer must be presented to the Underdigued on or will not be recognised. before the 9th Febr 1937, or
or they
To
With the General Bonded
Mr. Boswell has been connected and consulting geologist, arrived with Augustus Locke, consulting from the United States recently geologist of Bar Francisco. He Phelps-Dodge, and was general
London, Jan. 23. manager of the Carlisle Mine in.
A now ave per cent, French loan of arts degree from the University Potash Importing Corporation of
Mr. Boswell received his bachelor Duncan, Arizona Working for the is to be signed in the next few of South Carolina in 1919. He New York, Mr. Boswell undertook Standard." It is stated, Powever, have events Oficer in attendance
days, declares the "Evening Warehouse Leg
in Regulations, corrignoos mart studied geology and physics at the special non-metallle investigations that the loan has been reduced when damaged datable goods are same institution during 1920, and For a time he was chief of main from the original sum of one hu All broken, akafed and damaged Goods
examined packa then went to Stanford University. tenance at the Empire Zinc Com-dred million to fifty million pounds are to be left in the Godewas, where He received the degree of engineer, pany in Gilman, Colorado. He also at the reapest of the British Ex- they will be axamined on the zirch of mines from Stanford in 1928. did examination work for Stone chequez.
Jan, 1837 9 by Meza, various parts of the United He has followed his profession and Webster of Boston
Transocean News SerAcz
Carmichael & Ulark, Ma The Developments, Inc., preal-
States aince leaving college. He is dent stated that two other en- a member of the American Chem-gineers were en route to the
Ical Society and of the Society of Philippines to join the technical are expected to arrive late this Economic Geologists:
staff of his company. These men month
No Fire Innaranse bas been affected. BH of Lading will be countersigonë. by W. H. LOXLEY & CO. (CHINA) LTD.
Agonte. Hong Kong, 20th Jan, 1987,
24060
A