THE

CHINA-SIAM LINE.

HONG KONG-BANGKOK

1. "HELIOS" leaving Hong Kong List February vin Swatow living Hong Kong 28th February via Swatow

* "BIRAM ”

HONG KONG--SWATOW-AMOY 21.8. "HAI HING" leaving Hong Kong, 25th February Accepting Passenger & Cargo for all the above metioned porte. HONG KONG-SINGAPORE-PENANG-RANGOON Regular Express Servicn

1.8. HAI LES" leaving Hong Kong 19th February 19. "HAT HING" leaving Hong Kong

3rd March "Accepting cargo for all the above mentioned ports.

Excellent prisenger accommodation available,

For freight, pamage rates and all other information-Apply to:-

THORESEN & CO., LTD..

Fal. 30237.

General Agents,

Queen's Duikling.

S.S. "BENNEVIS"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 9th March.

Cargo will also be accepted on through Bill

of Lading to the usual transhipment ports.

Next Sailing for SHANGHÀI &`JAPAN

S.S.

C

BENNEVIS

Tel. 22533

21st Feb.

For Freight and Passage apply to :-

W. R. LOXLEY & CO., (CHINA) LTD.,

York Building. Agento:

THE BEN LINE STEAMERS, LTD.

CONSIGNEE NOTICES.

COMPAGNIE DES MESSAGERIES MARITIMES

CONSIGNER NOTICE, ·

"LT. ST. LOUBERT BIE"

4°10/37.

SS.

BRINGING CARGO FROM DUNKIRK via ports, etc.

ARHIVED HONG KONG TUES- DAY, TE 16TH FEBRUARY, 1937.

ONSIGNEES are hereby informed that their goods with the exception of Opium, Treon and Valuables are being landed & stored into the golowns of the Hong Kong Kowloon Wharf and Godown Co., Ltd. Kowloop, whence delivery may be obtained immediately

landing All Claims must be sent in to me on or before the 20th Feb, 1937, or they will not be recognized.

Damaged Packages will be examined by the Company's Surveyors, Messrs. Goddard & Dongle in the presence of the Consignoes at 10.00 am on the 32nd Feb., 1837. Monday,

Consignos must have a Revenue Officer in attendance when any dotiable goods are examined by the Company's Surveyors.

No Fire Insurance will be affected by us in any case whatever.

2. OHL Agent

HAMBURG-AMERIKA LINTË.

NOTICE TO CONSIGNEES.

THE M.V.

KULMERLAND" having arrived, from Hamburg and Porta of call, Consignees of Cargo are bereby notified that their Goods are being landed and placed at their risk into the Hong Kong and Kowloon Whari and Godown Company's godowns at Kowloon, where delivery may be obtained sa soon na the Goods are landed. Optional Cargo will not be landed hors, unless Notice has been given 48 hours prior to vessel's arrival, bat carried from to port to the final port of call to which the option oxterds.

on

port

No Claims will be admitted after the Goods have left the Godawas, and all Goods remaining undelivered after the 20th Feb., 1837, will be subject to Reat.

All broken, chaled, and damaged Goods are to be left in the Godowns, where they will be examined on 19th Feb., 1937,

at 10 am

by our Surveyors, Mesura. Goddard & Douglas, To comply with the lieneral Bended Warehouse Regulations, consignees must have Rarenue Officer in attendance when damaged dutiable goods as examined.

All claims must reach us before the 13th Hart, 1997, or they will not be recognized.

No Inmarsace will be effooted. Bill of Lading will be countersigned by

IEBBEN & CO..

Agents.

Hong Kong. 16th Feb., 1937. [5043 Hong Kong, 13th Feb., 1987,

FOREIGN CURRENCY

POSITION:

Franc Recovers: Guilder Weakens

The further recovery of The Meanwhile, the

HONG KONG DAILY PRESS, FRIDAY, FEBRUARY 19, 1937.

THE EXCHANGE

MARKET

MESSKS. ROZA BROS.

Hong Kong, Feb. 13. The priestor Ready Silver was unchanged yesterday but the For- ward

-1/16, rate dropped

the quotations being 20 1/16 and 20 advices re- respectively. Bliver ported India and China as having bought. There WILS also some American commercial buying. The market closed steady. After the official fixing the market continu- ed very steady with buyers at the fixed rate and sellers rather re-

Sliver served, American

was quoted at 44 3/4 for Spot..

The London-New York cross- rate was quoted at 4.89 3/8. New York-London was quoted at 4.89

17/22.

MARKET

Unchanged. Steady.

IN STERLING

A small business was done at 1/2 20/32 for June delivery. The market closed at I p.m. with sel- lers at 1/2 29/32 February-May and probably June, buyers at 1/2 15/16 for any delivery,

U.S. DOLLARS

No business was reported. There were sellers at 30 3/8 February- May and 30 5/16 June, buyers at 30 7/16 for any delivery.

SHANGHAI DOLLARS Business was done "at 102 5/16 for cash. There were seller at 102 1/4 for cash, buyers at 102 3/8 cash..

SHANGHAI MARKET There were sellers of Sterling al 1/3 9/16 for cash, buyers at 1/2 19/32 for Spot. US. Dollars, sel- Jers at 29 11/18, buyers at 29 3/3 for Spot,

IN THE AFTERNOON, The market was dull in the afternoon.

IN STERLING

No business was reported, finish- ing with sellers" at 1/2 29/32 February-April and probably May, buyers at 1/2 18/16 for any de- livery.

U.S. DOLLARS

The market closed with sellers at 30 3/8 February-April and pro- bably May, buyers at 30.7/15 for any deliver.

SHANGHAI DOLLARS Bellers at 102 5/16, buyeṭs at 102 3/8 for cash.

PIECE GOODS FOR CHINA

Fall In Britain's Exports

The China and Far East Section of the Manchester Chamber of Commerce has issued its report, and as far as China is concerned it makes melancholy reading:- Cotton plece-goods exports in 1933, 33,800,000 square yards; in 1934, 14,500,000 yards: in 1936 eleven months), 4,300,000 square yards. fall in The report ascribes the exports to disturbances in China, but acute competition is probably the answer.

The trend is still downwards. though the general opinion is that China and China's trade are re- covering. The contention is ad- (3029 vanced that the import tariff is prohibitive, that China will suon And her high duties will result in less revenue, and that a reduction will follow.

NEW YORK STOCK EXCHANGE

(Through Renter's Service!

New York: February 18.

V

QUOTATIONS

New York/London Croda-rate Now York Cotton-Mar. Now York Rubber-Mar. » Chicago Wheat -May Chicago Corn --May Silvor Official

Dow Jones Averages

80 Industrial

20 Bail

20 Utilit 40 Bonds

!!

Change

Last Today's High Low Close Close

4.80-23/32 4.83-17/35 3/18 up 2.48 12.18 12.38 19.41 21.5 21.30 21.23 21.30 136 134 ·134 1301

10911071

106 108 44 - 442

1038

High

190.70 143.11 189.78

80.45. 10.85 57.44

Feb. 17

01 up .08 up

unobanged

off unchanged

Low Fob, 18. High Low Close Change

189 39 167.30 187.98

37.79 28.03 35.24 1601 98.97 103.91

11 Commodity Index 81.87 50.58 75,30

331 121

יד

123

69.61 67,63, 88.00 36,03 34 98 38.16.

.20 OH .66 up

,02 alf

104.00 78.60 Business Doas-2,580,000 sharoa,

.06 up

.20 up

Last Bale

Stocks

Feb. 16 17

474

Great Northern Rly, 471

Great Western Bugar 372 367

Holly Sugar Corpa,

13

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

Sailings

President Liner fraquack mailings and their unique stopover privileges allow you to travel jusi gyaotty M. you choose,, And Dollar Steamship Lines and American Wall Line workfælde affices and agents are matriained to meets you tubers in whatever place you shanno to be. Kake your next leip mara mjoyable, travelling "The Praekdiant Line way.

TO SAN FRANCISCO NEW YORK AND BOSTON

Via Shanghai, Kobo,. Yokohama, Honolulu, San Francisco, Padama Canal and Havana. Fres, Hoover Pres. Cleveland

Pres. Coolidge

Prea. Taft Prea. Hoover Pres. Lincoln

TO SEATTLE, VICTORIA "THE EXPRESS ROUTE”

Via Shanghai, Kobe and

Yokohama

Mar. 6th Pres. McKinley Mar. 94th Pros. Grant Apr. 3rd Prea Jackson Apr. 21st Pres, Jofforson May 1st Pres. McKinlay' May 19th Pres. Grant

EUROPE, NEW YORK

Stocks

Laut Bale Feb. 16 17

-

18

1B

Adams Express

Allis Chalmers .......

741

742

Amer, Can

1071

1081

Humble Ou

331

Int. Nickel .......

86+ 86 651 662

Int. Tel. & Tel.

15

*151

Int, Dept Stores. Kennecott Copper Lambert Corpn. Loew's Inc. Lorillard

321

33

B17

621

23

221

Pres, Monroo

... ·75" 754

261

261

Pros, Adams Pres. Harrison Pres. Folk

McKesson & Robbins 16 * 482*

Monsanto Chemical 973* Montgomery Ward..

82)

632

19

Am. Car & Faundry Amer. Cyanamid.... Amer. & For. Power Amer. & For. $7 pf. Amer. Locomotive Amer, Metais Amer. Radiator Amer Rolling Mill..

Amer Smelting Amer. Steel Fdries.. Amer. Sugar

Amer. Tel & Tel...

Amer, Tobacco, "B" 951

Amer. Waterworks ... Anaconda Copper ... Atchison, T. & 8. Fe. 74 Atlantic Refining Atlas Corpn. Auburn Motors Baldwin Locomotive

ȘT pum. pl.

Baltimore & Onto... 251 Barnsdall on Bendix Aviation Bethlehem Steel Boeing Airplane Borden Co... Briggs MTacturing Brooklyn-Manhattan

Trans

Brooklyn-Mannattaa

$6 cum. pf......... Case, J.I.

Canadian Pacific.... Celanese Corpn. of

America

Corpn.

kandy

ཚོཚོཧྲྰིསྐབྷོཨྰཿབྷཱཨྰཿཨྰཿཚོངཊྚཛོགྷ nནཱ དྩོནཱes བྷཱུ ཙུeཙྩ བྷུངྔོསྶcཙོཏྟཱཎྜ༔ཧྲྰིན, ཧྲྰིཐྰeཝཎྞཙ བྷཱ ཧྨgཔྤཡྻ, ê གླདྷ, #ཎྞ #ཙ

Credit 68

Cerro de Pasco...... Certain-Teed P'ducts 22 Chesapeake Chesapeake & Ohlo 651 Chrysler Corpn. Columbla Gas & E: 18 Columbla 8 "A" pf. 102 Commercial Commercial Solvents 181 Commonwealth & 8. Commonwealth

cum. pl........................ Consolidated Edison 448 Consolidated Oll Continental Onl Corn. Products ........ Curtiss Wright (C)

$6

Curtiss Wright "A" 201

Delaware & Hudson 401

Del Lackawanna &

Western

Dizilers Corpn Ses.

STAMB

Douglas Aircraft Du Pont

Electric Boat

Eler. Bond & Share

Elec. Bond & Share

$5 pi......

Elec. Bond & Share

$8 pl.

McIntyre Porcupine

-**

¤¤

*¤‡⠀⠀⠀7*

8: ̃ˆ ̃ ̃

*********

95¤¤*****

II

**

*****

Murray Corpn....... 191.

Nat Cash Registor. 351 -351

Ссерп.

North American ...........

Northern Pacific

Nat Dairy Products 247

241

Nat Distillers

271 273

Nat Power & Light. 124

12*

New York Central 44. 442

- 321

Niagara Hudson P.

16

153

302

302

Pacific Gas & Elec. 331

34

481

484

114 12

252

201

43.

433.

Phillips Petroleum

55#

551

Public Service of NI. 504

49

Pullman Ine. .........

704

603

214

21

**** * *98* ** ** * ***8* 9 ****** „**ääa줤 §§ § 7368 87 88-38 8 5 μ = 3 μ ⠀ ⠀ ⠀ ⠀ ⠀

Pacific Lighting Packard Motors

Paramount Pennsylvania R.R. Phelps Dodge .......

Pure Oil...

Radio Corpn of Am. 114 12 Republic Steel Reynolds Tobac. "B"

St. Joseph Lend Co. Schenley Schenley 54%. pl.... Sears Roebuck.....

Shelf Union O!! ...... Socony-Vacuum

Mar. 13th

Mar. 97th

Apr. 10th

Apr. 24ch

May 8th

May 22nd

MANILA

THE MOST FREQUENT BERVICE

Next Sailings

Via Manila, Singapore, Panang, Colombo, Bombay, Suez Canal. Naples. Genoa and Marseilles,

Mar. Pres. Hayes

lat Pres. Hoover Pres. Wilson

Mar. 3rd Pres. Hayes Mar. 14th Pres. Wilson Mar. 28th Pres. McKinley Apr. 11th Pres. Monroe Apr. 15th Pros. Cleveland

MOST FREQUENT SERVICE ON THE PACIFIC

Feb. 26th

Mar, lat

Mar. 3rd

Mar. 6th Mar. 14th

Mar 17th

DOLLAR STEAMSHIP. LINES * AMERICAN • MAIL • LINE *

PEDDAR BUILDING-MONG KONG,

CARTON BRANOR -23, FRENCH CONTISSION, SHAMREX.

CONSIGNEE NOTICES.

HAMBURG-AMERIKA LINIE

NOTICE TO CONSIGNELS

THE S.S

"NORDMARK " having arrived from. Hamburg and Ports of call Consignees of Cargo are hereby notified that their goods are being landed and placed at their risk into

Godown Company's godowns at Kow. loon, where delivery may be obtained as soon as the goods are landed.

Optional cargo will not boy landed hora, ualesa votice has been given 48 urs prior to vessel's arrival, but carried on from port to port to the final ort of call to which the option extends.

No Claims will be admitted after No have left the Godowns, and

387

383

501 55

43

431

974

891,

202

181

1831

Southern Cal Edison 291 Bouthern Pacifc .... Southern Rly 5% pt. 331 Stand Brands

291

48

492

337

15

15%

8tand Gas & Elec, 138

134

Stand Gas & Elec.

$T DE.......

551

56

124

709

71

19

101

Technicolor

50%

Texas Gulf Sulphur 401 Tidewater Assoc. Oll 201 Timken-Detroit Axle 271 Transamerica.

401

201

23

ance

17 17

36

452.

Standard Oil of NJ. 731 Sterling Products ...

Bwift International 314

*****

***asï¤

?¦¤

******

•F==÷¢dacs

gãs

**

**

**** *

*******

*5*

******

???===**=*

ga

#

****

I

174

.13%

20th Cent Fox Films 364

20th Cent. Fux Films

pr......

Un, Carbide & Car-

bon

Un. Pacifie

United Aircraft

Un. Airline Trans-

port

447

214

109

1093

1331

1361

30 301

211

7

United Corpn. .......

.841 849

#3

446

cum pf.

151

HAM

US. Industrial Alco- 91

bol ........

401 40

UB. Rubber

591

601

Elec Power & Light 22

Elec Power & Light

$7 pt. Firestone Tire & R.431 Flintkote

Gen, Asphalt Gen. Cigar ..... Gen. Mectric Gen. Foods........................ Gen. Motors Gen. Railway Signal Gillette Safety Razor Glidden Gold Dust's Goodrich (BF) .............. Goodrich 35 pf. Goodyear

IMMIGRATION TO CANADA

This should be of some assistance, but the competition Britain likely to meet with from piece- goods woven in Chinese mills is likely to increase. The demand for yarn, shipped as a rule via Hong Kong, has remained steady and the construction, óf more mills should increase this demand. In Malaya the position is reversed and our exports of piece-goods were over five million square yarda weakness of more in 1938 (eleven months) than French franc, which, at one time, the guilder, which was quoted in 1933. Increased prices in rub- touched 104.98, was chiefly attrl- at 8.984, compared with 8.964 ber and in should improve pur-

London, Feb. 17, The immigration to Canada for the previous close, combined chasing power in Malaya, so Bri-

tain may hope for a good market amounted to 11,643 persons in 1938, with the apparent inclination of for plece xts for some time to including 4,876 from the United the Swiss franc, which, at one come. The Netherlands East In-States and 2,197 from the British time, moved to 21.474 as against dies are taking more Lancashire Empire. These Agures mean that 21.46 for the previous close, are

goods and the outlook

there is immigration to Canada increased taken by some quarters to repre- brighter than it has been for same by 3.2 per cent last year. sent the change-over attitude of time. International capitalists, who, per- haps, are beginning to move funds long stored in Swiss and Nether- H. K. SHAREBROKERS

buted to bear covering induced by unconfirmed reports that impor- tant changes are contemplated in the French financial policy.

Traders in the foreign exchange market asserted that dealings were not heavy, pointing out that, with relaxation of the recent essure against the franc, moderate cover- ing suffices to cause a sharp in provement in the rate,

Forward quotations improved to 75 and 256 centimes discount for

lands currencies to French "mur-" rency, where the chances of ap-

one month and three months post-preciation possibly are greater.

This change in policy might also a desire to invest in

tions, respectively, as against 83 and 293 for the previous close. Indicate showing that, at least some of the French securities. rocent... pessimism regarding the Another school of thought bf- future of the franc has been dia- firma that the weakness of the pelled, though operators are still guilder is natural, since a stage has inclined to treat rumours with re-been reached where' repatriation serve, pending more definite in- lot the Netherlands capital is tal- formation.

most complete:

ASSOCIATION

BUYERS

Steamboats, $84.

Douglases, $32. Hotels, $51.

Northern Mines, 231 cts, Electrics, $55

HALES Beng. Expl, 31. cta. Northem Mines, 23 eta. Electrics, $56.

Tennaneran News Sern

REICHSMARK RATES

Bezin, Feb. 177 The Reichsmark .... was'' quoted, without quarantee, at;

Paris

New York

40.235 865,--

Amsterdam

London

73.60 to 73.65. 12.17 Paris Pound Sterling 106.10:

to 105.13 Paris US dollar

21,408 to 21,468 Transcan News Servic

United Corpn.

Un. Gas Eprovem't

Un. Light & power

U.S. Stee!

Vanadium

******

151

1:

all Goods remaining undelivered after the 25th Feb., 1997, will be subject to Rent.

All broken, chafed, and damaged Goods are to be left in the Godowas, where they will be examined on 24th Fob., 1957, at 10 am, by our Surveyors Messrs. Goddard and Douglas.

To comply with the Gateral Buded Warehouse Regulations consignees must have a Revenue Officer in attend.

i damaged dutiable goods are

SILVER LINE,

NOTICE TO CONSIGNEES

FROM NEW YORK AND LOS ANGELES

T

NHE Motor Vessel

**SILVERWALNUT

baving arrived from the above Furts on 19th instant, Consigneos of Cargo are hereby informed that their Goods are being landed at their risk into the Go- Wharf and Godown Company,

Limited Kowloon, and stared at Consignem risk and pense.

All broken,chaled, sad damaged Goods are to be left in the Godowns, where they will be examined on Thursday, 25th instant, 1937, at 10 am,

All Claims must be presented within 15 Days o

of the veel's arrival here after which date they cannot be re- cognized will be admitted after the

No

Goods have lift the Godowns, and all Goods remaining undeliverød after the 26th instant, 1037, will be subject to Rants Insuance has been affected,

No Fire Bills of Lading will be countersigned

by

FURNESS (FAR EAST), LTD. 2nd Floor, Hongkong & Shanghai Bank Building Diala 93165 ́& 23169.

All claims must reach us before the Hong Kong 19th Feb, 1937. 18th Mar, 1837, or they will not be recognised.

No Insurance will be effected. Bill of Lading will be countersigned by

JEBSEN & CO.,

Agents. Hong Kong, 16th Feb., 1937.

NOTICE TO CONSIGNEES

[8047

Steniner WILLANDRA”

From MELBOURNE & SYDNEY

via MANILA

ONSIGNEES of Cargo are hereby informed that all Goods are U.S. Rubber $8 pt. 99 108 being landed at their risk into the Godowns of the Hong Kong and Kowloon Wharf & Godown Company, Lud. at Kowloon, whence and/or

for from the wharves delivery may be obtained. Optional cargo will not be landed here, unlers notice has been given hours prior to vesel's srrival, but carried a from port to port to the final port of I call to which the option extends. No Claims will be admitted after the Goods have left the Godown, and all Goods remaining undelivered after the 20th inat will be subject to rent

All claims against the vessel must be presented to the undersigned on or

Warner Bros Pict Westinghouse Youngstown Sheet

105.

· 1062.

321 311

151

157

Elec. 157

155

83. .821

Chase National BL 622

613*

National City Bank 584".

571°

Call Money

1%

1%

1 x dł.

Bid

& Tube ....

(5049

NOTICE TO CONSIGNEEA-

PENINSULAR AND ORIENTAL- STEAM NAVIGATION Co.'s STEAMER “NALDERA.

ARRIVED HONG KONG on 18TH FEBRUARY, 1937.

FROM ANTWERP, LONDON, GIBBAL- TAK, MARSEILLES, MALTA, PORTSAID, ADEN, COLOMBO AND STRAITS.

"ONSIGNEES of Cargo by the

Corre named Vessel are hereby in formed that their Goods are being lauded and placed AT THEIR RISE in the Hong ng and Kowloon Wharf and Godown Company's Godowns at Kowloon where each Consignment will be sorted out Mark by Mark and Delivery

can be obtained as the Goods are landed. onless instructions have been given to

Options! Goads will be landed here -. the contrary Nix Bours before arrival of the steamer

aluding date of arrival will be subject to Goods not cleared within 8 days in-

rent.

No Trs Lowrance will be effected by us in any case whstäver.

Damaged Packages must be left in the lodowns for stamination by the

BRITISH EXPORT before the 27th inst. or they will Consignees, and the Company's murveyors,

INCREASE

Figures For 1936

not be recognized.

will

on

Mosers. Goopan & DOUGLAS, at 10a.m. All broken, chafed, and damaged

And Thursdays, within the Goods are to be left in the Godowns, Free where they

Period." be examined on the 18th inat.

Consignes are specially notified that at 10a.m. by our surveyors, it is necessary for a Revenue Officer to Mears. Goddard & Douglas.

be present at the examination of daming ed In the case of dutiable cargo, condutable,cargo

against the Btomer must

signees are requested to inform the Imports & Exports Office that they be presented to the Undersigned on or

The preliminary Agires of Over- seas Trade in December, and for '1936, published in the "Board of Trade Jotirnal." make a more en-

by.

couraging showing for the past month than for some little time Hong Kong, 15th Feb., 1037.

have such goods for examination.

No Fire Insurance has been affected. Bills of Lading will be countersigned

DODWELL & CO., LTD.

Agenta

past.

It is true that, as against the

[5034

Mar

All Clai

not be recognized. before

or they will

No Claims will be admitted after the Goods have laff, the Godown. MACKINNON, MACKENZIE & Co.,

go Agents, Hong Kong, 19th Fab., 1937.

[6002

value of imports in December of 000,000, against £756,000,000 for—a result to which higher prices £83,857,000, the value of exports 1935, while exports and re-exports no doubt largely contributed. and re-exports was £46,018,000.

So far as the visible adverse

but the latter figure showed an aggregated just over £501,000,000, † increase over the same month or against £481,000,000 for the pre-balance of trade was concerned. last year of more than 28,000,000vious 12 months. and also an advance over the

gure for November..

For the whole of the year, the totar value of Imports was 2849,-

the position is rather worse than

Thus, as regards the entire turn-in 1935. The Table adverse over of trade represented in value balance for 1955 is £348,000,000, or there was an increase for the year about £73,000,000 more than for of no less than about £113,000,000 the previous year.

Page 15Page 16

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