Lloyd

Triestina

NEXT SAILINGS

To Italy **Conte Verde" 14th Mar. To Shanghai "Victoria" 27th Mar.

DA SPECIAL RETURN TICKETS

Validity 100 days at greatly reduced cost allowing of tỷ months athy in Europe. Special concessions to lar and 2nd Class travellers to London.

Fares to Venice, Trieste, Genoa and Return...£132, £88, £36 Special Two Months' Round Trip Tickets At Reduced Rates

To BOMBAY

+

COLOMBO

SINGAPORE...

SHANGHAI ....

+

+44

£44 £41. £18. * £12

£25" 492

£13

221

£19

CIT

£ 6

ROUND THE WORLD “tickets issued at Special Reduced Rates in connection with all the Trans Pacifo & Trann-Atlantic Confor ence Lines.

ITALIA & COBULICH LINES Agents" for the sale of through and independent tickets to North, Central and South American porte via Italy.

THROUGH

TICKETS TO LONDON-23 days Special facilities for despatch by train of heavy baggage with, liberal fres allowance.

INTERCHANGEABLE RETURN TICKETS with the. Dollar Linse on very favourable conditione,

LLOYD TRIESTINO P.O. Box 143. Tel. Addr..Lloydiano" Telephones 32982/3. Canton Agents:-DODWELL & CO., LTD., Shameen.

HP

HAMBURG-AMERIKA LINIE

Far Eastern Mail, Passenger & Freight Service

Through bookings to America via Europe and Europe via America. Bookings around the world. Through bookings to Londen.

OUTWARD SAILINGS

* OLDENBÜRG”. ... for S'hai, Dairen, Taku, Tsingtao,

Moji, Kobe, Osaka, Y'hama, Nagoya 21st Mar. 3.4. "CAPE ST. GEORGE" for Shai,, Taku, Tientsin..... 7th April. m.v. "RHEINLAND".... for Shanghai, Dairen, Taku, Kobe,

Oska, Y'hama, Nagoya .......................10th Apr. HOMEWARD SAILINGS

+ m.v. 'KULMERĻAND' for Genoa, Antwerp, R'dam., B'barg, 16th Mar. m.v. "ERMLAND" for Miles, Antwerp, R'dam., H'burg 31st Mar. m.v. "DUISBURG”.......... for Genoa, R'ḍam., Hamburg...... 8th Apr.

✦ Passenger Vosaol. • Limited Passenger Accommodation.

For further particulars and passage fares, etc. apply to 1--

HAMBURG-AMERIKA LINIE

JEBSEN & CO., AT9.

„*- 18, Podder Bireet, Tel. 29363.

CANTON AGENTS: CARLOWITZ & CO., Shakee Road.

JAV

CHINA

JA

VISIT BALI AND JAVA

HONG KONG DAILY PRESS, THURSDAY, MARCH 11, 1937.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Hong Kong. Mar 16, Stiver prices dropped yesterday to the extent of 3/8" Tor Ready and 6/16 for Forward, the quota- tions being 20 7/16 for both de- liveries. Silver advices, reported India and speculators as having re-sold. Buyers

keen. were not After the official fixing the mar- ket was firm and India was re- ported to have bought at 1/16 over the quoted rates, Sellera reserved. American -aller was quoted at 44 3/4 for Spot.

The London-New York cross- rate was quoted at 488.40. New York-London was quoted at 488 15/32.

were

MARKET

Steady but dull

ņ

NEW YORK STOCK EXCHANGE.

New York: March 10.

(Through Reuter's Service?

QUOTATIONS

New York/Londen Cross-rate New York Cotton-May New York Rubber-May Chicago Whast →→May Chicago Corn Silver-Official

Dow Jones Average

SO Industriala

30 Baile

20 Utilitzem

40 Bonds

May

1938

Last Today'

High Low Close Close Change 4.87-31/32 4.88-16/39 up 13.78-13.4. 13.46--1367

I up 22.86 39.66 92.71 32.71 unchanged

187) 130) 1352 180. #up 110 108 100 $100

43

High Low Mar. 8. 195.20 143.11 192.69 83.21, 40.66 · 61.10 37.79 30.3 34.37 ICO 01 98.89 103.91

11 Commodity Index 81.57 58,58 76.55

Stocks Adams Express Allis Chalmers Amer. Can

Last Sale Mar. 8

214

743 76 108 111

A small business was done at 101 15/16 for cash and 102 for the end of the month. There were sellers at 101 7/8, buyers at 101 15/18 for cash

STERLING

Am. Car & Foundry There were sellers at 1/2 29/32| Amer. Oyanamið ·321 March-September. buyers at 1/2 Amer. & For. Power 121 15/16 for any delivery. No bust-

Amer. & For. $7 pt. 83 nea was reported.

Amer. Locomotive U.S. DOLLARS

Amer. Metals ......... There were sellers at 30 5/16 Amer. Radiator ... 267. March-July, buyers at 30 7/16 Amer. Rolling Mil..

431 March-May and 30 3/8 July-Julf. | Amer. Smelting 981

SHANGHAI DOLLARS

Amer. Steel Faries. 67. Amer. Bugar Amer. Tel & Tel... 179 Amer, Tobacco "" 92 Amer. Waterworks ... 251 Anaconda Copper

·87+ Atchison, T. & 8. Fe. $4] · 852 Atlantic Refining. 34 342 Atlas Corpn.

- 18+

Baldwin Locomotive Auburn Motors ................. 31+ 31

SHANGHAI MARKET Bellers at 1/2 5/8 for Spot, buy- era at 1/2 21/32 for spot. U.S. Dollars, sellers "at 29-3/4, buyers at 13/16 for cash.

LOWER SUEZ

Bendix Aviation Bethlehem, Steel Boeing Airplane

K

CANAL DUES Borden Co. 28

Competition Of The Cape Route

Briggs Mfacturing 52

Trans

30 cum, pf. Case, J.L

Canadian Pacific... 187 161 Celanese Corpn. of

America

up

442.

Mar. B.

541

361

· · 187 976=*==== ***9:7+ 8+ Je¶¤ •********* ***** * 188 A

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings

Pranklens Limuru' fraqmens miling" wad their unique stopórar privilegon allow you...ka travel just exactly as you choose, And Dollar Steamship. Lions and Anserican Mall Line worldwide offices and agente are malatained to serve you ashore in whaterer place you chance to be, Maks pour sexi trip more enjoyable, travelling "The President Line warr

TO SAN FRANCISCO · NEW YORK AND BOSTON

Via Shanghai. Lobe, Yokohama, Honolulu. San Francisco, Panama

Canal and Havana. “ Pros Cleveland 8am. Mar, 26th Prva Coolidge 10 am. Apr. 3rd Pres. Taft 8am. Apr. 21as -Pres. Hoover Noon May 1st Pres. Lincoln 8am. May 10th Prex Coolidgo

Noon May 20th

EUROPE, NEW YORK

TO SEATTLE, VICTORIA "THE EXPRESS ROUTE"

Via Shanghai, Kobe and

Yokohama

Pres, MeKinlay 1 pm. Mar. 15th Pres. Grant M'night Mar. 28th Pres. Jackson "M'night Apr. 9th Pres: Jefferson M'night Apr. 23rd Pros. McKinley M'night May 7th Proa. Grant

M'night May 21st MANILA

THE MOST FREQUENT SERVICE

Next Sailings ...

8.8.201

Mar. 17th

Pres. Monroe 8am. Mar. 17th Pres. Monroe Pres. Adams 8 a.m. Mar. 28th Pres. Cleveland Noon Mar. 18th Pres. Harrison 8 a.m. Apr. 11th Pres. Grant 6p.m. Mar. 20th Pres. Polk 8 am. Apr. 96th Pres Coolidge Pp.m. Mar, 26th Pres. Pierce 8 a.m May 9th Pres. Adams 8am. Mar. 28th Pros. Van Buren § am. May 28rd | Pres. Jackson 8 p.. Apr. 3rd

MOST FREQUENT, 'SERVICE ON THE PLOTzo

DOLLAR STEAMSHIP. LINES * AMERICAN • MAIL • LINE

FEDDER BUILDING-HONG KONG,

CANTON BHÄNCH —3), FRENCH CONCESSION, SHAMEEN,

BURNS PHILP LINE

"NEPTUNA

Due 17th March

*

High Low Close Change 194 89 191.65 19339 .60 up

63.73 61.73 62.90 34.78 3401 3437

.10 up

103.73 77.00 Business Done:-8,390,000 shares.

anch. .18 off .45 up

Last Sate Stacies

'Mar. 8 Great Northern Rly, 531 Great Western Sugar 36

B

Holly Bugar Corpn. Humble O

837

31%

Int. Nickel

724

127

561

€31 554

Int. Tel. & Tel... Int. Dept Stores : Kennecott Copper

13 352

131

Via Manila, Singapore, Penang, Colombo, Bombay, Enes «Canal. Naples, Genos and Marsailles,

35

881 68

67

06

Lambert Corpn........

261 434

Loew's Inc.

Lorillard

237 70% 801 281

231.

251

1011 857 51

McIntyre Porcupine

McKesson & Robbins 47. 46 • Monsanto Chemical 911

911

178

941

Montgomery Ward .. 871- Murray-Corp.

184

174

251

Nat Cash Registor... 371 Nat" Dairy Products 231

38+

231

Nat Distillers ....... 301 311 Nat Power & Light 12 121 New York Central ... Niagara Hudson P.

Согр

52

51

15

$7 cum. pt. .................... 1184-·· 119

·Baltimore & Ohio..... 36 35 Barnsdall On

North American

30

301

327

334

Northern Pacife ..... 35 Pacife Gas & Elec. 344

341

341

M.V.

Pacific Lighting

46 453

1031

Packard Motors

114

11

40

Paramount

261

251

271

51+

Brooklyn-Manhattan

45+ 444

Brooklyn-Manhattan

Pennsylvania R.R. Phelps Dodge ...... Phillip Petroleum Public Service of N.J. 46 Pullman Inc. ..........

474

47

56

561

45

100

99

Pure Oll

212

105 1627

331

85

841

Radio Corpn of Am. 12 12 Republic Steal Reynolds Tobac. "E" 55 St. Joseph Lead Co. Schenley.

}

421

431

523

471

48

Schenley 5% pt.

971 972年

661

Sears Roebuck

924 943

· 67

324

331

1274

19

191

172

Southern Cal Edison 29

28+

Southern Pacific....

813. 62+

Bouthern Rly 5% p. 364 371

Stand Brands .......... 161

151

$4

62

63

Consolidated, Edison : 427 42 Consolidated Oil Continental Off... 41† 434 Gorn. Products

70 Curtiss Wright (C) Curtiss Wright "A" 22 Delaware & Hudson 23 Del Lackawanna &

..Western

1281

164 17

Stand Gas & Elec. 13# 137 Stand Gas & Elec.

$7 pf......

· Standard Oli, of NJ. 741 741 Sterling Products

881

164

691 70

681

Swift International 31" 314 Technicolor

PASSENGER & FREIGHT SERVICE TO AUSTRALIA

201

211

71

Texas Quif sulphur 46 391

221

221

Tidewater Assoc, Oll 204 Timken-Detroit axle zij

21

27+

Transamerica. **** 164 161

134

20th Cent. Fox Films 361

371

for Saigon, Manila, Sandakan, Salamana, Rabaul, Sydney & Melbourne,

251

251

84+

1731

1731

137

Elec. Band & Share 25 251 Elec. Bond & Share

$5 pr.

761

20th Cent. For Films

pi. Un. Carbide & Car- '.

ben........ Un. Pacifc. United Aircraft... Un Airline Trans-

port...........

454

109.

1364

1397

331

33

211

Elec. Bond & Share

$e pl.........

83 *

251

Tel. 28015.

become "a business proposition," $7 pí

384 38

especially as with many types of Firestone Tire & R 442. cargo the time occupied by the | Flintkote

451

47

ikh 614

431

431

85F

58 t

291

Cold Dust..seri Goodrich (BF) Goodrich 35 pi. Goodyear

48j

481*

·451

401 85+ 87 421 424

Call Money

United Corpn. United Corpn. រង

Com pl. rés Un. Gas Tprovem't. 144 Un. Light & power

US. Industrial Alco-

hol UB. Rubber U.S. Rubber $8 p. 1102 US. Steel

123 124 Vanadium .......371 38 Warner Bros Pict 154 Westinghouse Elec. 154. Toungstown sheet M Tube ci¶Leonea

98 Chase National BL. 604" National City Bank 573* 571*

1%

02

·B7

Joint Passenger Agents-

427

434

147

91

387

39

814

631

112

151

1537

Shanghai, and Japan

99 i

·602"

1 ex. div..

Bld

Special Round Trip Fares 1st Class

HONG KONG-BATAVIA-HONG KONG H$275.

HONG KONG-Bali-Java-HONG KONG HS950, (all inclusive) BONG KONG-MANILA-HONG KONG H$135.

NEXT SAILINGS---

TO BATAVIA DIRECT (5.5. "TJIKARANG' 16th Mar., 10 LM.

Tander Queen's Pier 9.00 am. Tender Fallon Fler 16 .. TO MANILA, MAKASSAR. BALI & SOERABALA

5.S. 'TJISADANE' 16th Mar., 10 a. m.

Tender Queen's Pier 9.00 am, · Tender Folks Pier 910a.m.

TO AMOY & SHANGHAI $.3. 'TJISONDARI 14th Mar. 6 P.M.

m.s. "TJINECARA" 18th Mar. For further information apply:

Holland-China Trading Conton

ཏྲྰཾཝོཚཎྜ,བྷཡོaཨཽངྒཚོཧྲྰི#ངྒཚོŚgཨཽཎྞཚོནཀྰཊྛོ ཎྜཾཨྰཿཨཽ བྷུ8, ī བྷཱབྷཱཎཱ ནཱ བྷབྷནྡྷནྡྷབྷཏྠཱནཱནཱན ཿཝཱནྡཝསྶུ། སྒྱུ རྦྦggོ ཉྩ ཨྰཿཨཱཝཱ བྷིཀྑུནཱཉྩནྟཾ བྷཱ

Cerro de Pasco Certain-Teed P'ducta 201 201 Chesapeake Corpn. 881 Chesapeake & Ohio 67+ Chrysler Corpn. 127 Columbia Gas &. EL. 179 Columbia ̧0% “A” pf. 101İ 1001 Commercial

Credit 601 60% Commercial Bolvents 19 19 Commonwealth &·8.

31 Commonwealth

cum. pl...*********

As from April 1 next the dues of the Suez Canal Company on laden vessels are to be reduced from 78. to 6s. a ton, on vessels in ballast from 3s. 6d. to 3s. a ton, and the passenger dues from 12s. 4d. to 6s. per head, states the "Times." The rates for loaded and ballast ves- sels, were lowered on July 1 last by 6d. and 3d. a ton respectively, so that the forthcoming reductions will be the second to be made well within a year. All the rates, which are charged on net tonnage ne- cording to the company's method of calculation, are" now based on sterling, with the exception of "those levied on Egyptian vessels. Yet, in spite of the forthcoming lowering of the rates, the diversion of commercial traffic to the Cape route shows that the company will need to keep steadily in mind the Importance of continuing to en- Distillers' Corpn Bes- courage, traffic to use the Canal. This view is supported by the comments in the report of the | Liverpool Steam Ship Owners' As

sociation, which has just been 18- sued.

The association writes that with modern methods of ship construc-

tion, increased speed, and lower

Douglas Aircraft ..... Du Pont Electric Boat

H. Nolasco da Silva, Esq,, Macao fuel consumption the Cape route as Elec Power & Light 231

JAVA-CHINA-JAPAN LINE an alternative to the Canal has Elec Power & Light

York Building

voyage is not, within limits, of ser÷ | Chen, Asphalt .......................... 471* ious importance, "providea de- Gen. Cigar liveries at regular intervals can

be assured. It assumes that in- creasing pigns of a tendency" to avold the Canal have been noted by the company in framing its policy respecting duta.

Gen, Electric

Gen. Foods Gen. Motors Gen. Railway Bigna! Gillette Safety Razor 284 Glidden........

"Shell_Union_OIL...........

Boceny-Vacuum

461

Sailing 22nd MARCH.

First Class Fare to Sydney:

Single: £47.10.0d. Return: £76.-0-0

Passenger & Freight Agents

GIBB, LIVINGSTON & CO., LTD. Telephone No. 28031.

P. & O. Building,

Nippon Yuxen Kaisha

King's Building.

MAERSK LINE

Fast regular FREIGHT and PASSENGER SERVICE

LIJK

MODERN

EXPRESS SERVICE

S.S. "BENNEVIS"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 16th March.

Cargo will also be accepted on through Bill

EXTRA MANILA CLOSING QUOTATIONS

Hong Kong, Mar) 10.

Extra Manita closing quotations

figures kindly supplied by: Messrs | REICHSBANK' RETURN

Ells and Edgar.

a.m.. p.m.

.000 .000 215

Associated. Mines Acoje Mining

Angelo

Dulong

Gold Creek, Ipo Gold:

2.14**.145 18 .175 25 25

271

27

Gold River"

.00

.09

Mother Lode:

.12 ·

Paracale Gold

Sala cot

.12 25 A .061 .065

5th April.

Batong Buhay Universal. Expl Bued.

:02 36

:021

36

20.

.30

Dayaka

.28

28

.201 205

of Lading to the usual transhipment ports.

Next Sailing for SHANGHAI & JAPAN

S.S. “BENGLOE”

For Freight and Passage apply to ---

- Tel: 12538:

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

York. Building.

Agente

THE BEN LINE STEAMERS, LTD.

Crown Mines Mambulap North: Mindanao Byndicate Invest. Development Inc. Tinago Sta Rosh

420 42 *** Ung. $124.9 12.

Unnat

Berlin, Mar. 9.⠀

CEYLON RUBBER

EXPORTS

Shipments of dry rubber from The Reichsbank return dated Ceylon during January, including March 8, issued to-day shows an 803,918 lbs.. placed under Customs Increase of gold stock by 9.2 to 87.3 control before midnight on Dec. 31 million Marks, while the foreign and shipped in January, were exchange

reserves stood un- 10,110,509 lbs. Shipments of changed at 5.6, making a total in foreign produced, dry rubber from crease of note cover by 0.2 to 73.9 Ceylon during the same month million Marks, and were 129,044 lbs.

Imports of dry rubber into Note circulation declined by 1948 Ceylon during the month were to 4021.0 million Marks. The 512,706 be. amount of credit issded as measur-

LOS ANGELES, PANAMA, NEW YORK, BOSTON, PHILADELPHIA & BALTIMORE.

If aufficient inducement offers also other ports of call.

Arrivals from USÁRBANDARA

28th Mar

M.V. "BESHOLT" -

M.V. ANNA MAERSK??-?

M.V, "TASMANIA? -

Bailings to U.S.A

12th Mar,

27th Mar.

13th April

(All dates are subject to alteration without notice.) EXCELLEN'T ACCOMMODATION FOR PASSENGERS.

AT MODERATE RATES.

For Freight and Passage please spply

JEBSEN & CO.

Canton, Shameen, B.C.⠀ ⠀ "Agents,

Tel 10916

MERCANTILE BANK DIVIDEND

Hong Kong, Pedder Bullding

Tel: 28863.

ing of shareholders: a final divi- Net exports for the month de- ed by bills, cheques, advances andbited to Ceylon quota for 1937

*dend of 6 per cent, on the "A" “B” investments, decreased by 3510 to were 8,823,439 lbs. which figure

and " shares will be recom- 6086.9 million Marks

does not, of course include, the

mended (making 12 per cent 903,918 lbs placed under Customs The Mercantile Bank of India, the year. less Income Tax) 220,000 before midnight on December 31. Limited inform us that they have written on Landed and House The permissible export for the received a telegram from their property. £25,000 Contingency month, exclusive of the carry-over

The total currency issue on March 6, was 6512 as against 4058 on the same date last year, and 6323 million Marks at the end of 071 078 the first week in 1988 —

Easy Dull Transocean News Barvice

of 1,023 tams at the end of 1936, Head Office in London advising 2/5, #172,000 carried forward to

11341,120 16.

'that at the annual general meet-1937 account.

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