ידי
HAMBURG-AMERIKA LINIE
Far Eastern Mail, Passenger & Freight Service
Through bookings to Antèrica via Europe and Europe vís America.... Bookings around the world. —Through bookinge to London.
OUTWARD SAILINGS
4.6. "CAPE ST. GEORGE' for S'hai., Taku, Tientsin... 7th April.
.. "RHEINLAND ... for Shanghai, Daires, Takt, Kobe,
Osaka, Yhama, Nagoya
HOMEWARD SAILINGS
.10th Apr.
m.v. "DUISBURG"...... for Genca, R'dam., Hamburg......8th Apr.
+ Passenger Vosol. Limited Passenger Accommodation.
For farther particulars and passage fares, etc. apply to:--
HAMBURG-AMERIKA LINIE
* JEBSEN & 00., AGEXTA.
12, Pedder Street, Tel. 28368,
CANTON AGENTS: CARLOWITZ & CO., Sbakee Road.
S.S. "BENDORAN"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH on or about the 9th April.
Cargo will also be accepted on through Bill
of Lading to the usual transhipment ports,
Next Sailing for SHANGHAI & JAPAN
S.S. "BENGLOE"
5th April.
For Freight and Passage apply to:-
W. R. LOXLEY & CO., (CHINA) LTD.
Tel. 22533
York Building. Agents:
THE BEN LINE STEAMERS, LTD.
NOTICE TO CONSIONEES.
PENINSULAR AND ORIENTAL
STEAM NAVIGATION CO STIAKIR " BAJPUTANA."
ARRIVED HONG KONG ON
31ST MARCH, 1937.
FROM ANTWERP, LONDON, GIBRAL. TAR MARSEILLER MALTA, PORTSAID, ADEN, COLOMBÓ AND STRAITS.
MONSIGNEEB of Cargo by the
CONSIGNEE NOTICES.
COMPAGNIE DES MESSAGERIES MARITIMES
CONSIGNEE NOTICE.
8.8. "SONTAT "
6°to/37.
BRINGING CARGO
FROM DUNKIRK via porta, eto.
ARRIVED HONG KONG » WEDNES- DAY, THE 31ST MARCH, 1937.
:
above-named Tassel are hereby in formed that their Goods are being landed and placed at Tom Bis in the Borg Kong and Kawloon Wharf and Godown Company's Godowns at Kowloon where
"ONSIGNEES are hereby informed Och Consigament will be sorted out Mark that their goods sth the exception Mark and Delivery can be obtained s of Opium, Treasure and Valuables are De Goods are landed.
of the Bong Kong Kowloon Wharf and being landed & stored into the godowns Godown Co., Ltd. Kowloon, whence delivery may be obtained immediately after landing.
Optional Goods will be landed here anless instructions have been given to the contrary Six Boura before arrival of the steamer,
Goods not cleared within 8 days in- eluding date of arrival will be subject to
rent
113
No Fire Insurance will be effected by
in any case whatever.
Damaged Packages must be left is the Godowns for examination by the Consignees, and the Company's surveyors, Mesers. GODDARD & DOUGLAS, a 10a.m. on Mondays and Thursdays, within the Free Storage period.
Consignoca are specially notified that it is necessary for & Revenue Offeer to tat the aramination of damaged cargo,
be present att
dutiable
All Claims against the Stemmer must
All Claims must be sent ia tu me on or before the 10th April, 1937, or they will not be recognized.
Damaged Packager will be examined by the Company's Surveyors, Messrs. Goddard & Douglas in the presence of the Consigneer at 10.00 am, on Tuesday, the 8th April, 1937. Officer in attendance when any dutiable Consignees must have a Revenue goods are examined by the Company's Surveyors.
No Fire Insurance will be affected by as in any case whatever."
E. OHL,
Agent.
[5161
be presented to the Undersigned on or Hong Kong, 31st March, 1837.
before 20th April, 1937, or they will
not be recognized
No Claims will be admitted after the Goods have left the Godown,
HONG KONG DAILY PRESS THURSDAY, APRIL 1
NEW YORK STOCK EXCHANGE
Now York: March 31,
(Through Renter's Service!
QUOTATIONS
New York/London Cross-rate New York Cotton-May New York Rubber-May Chicago Wheat -May Chicago Corn-May Silver Official
Dow Jones Averages
Last Today' High Low Close Close
לם 39.
Change 4.88-21/39 4,88-3 7/32 op 14.70 14.24 14.18 14.00 27.30 2690 36.58 97,01
.33 up 144 1411
143 144 181 117
1st in
45
Low Mar. 99.
up sup
+ up
Mar, 20. High Low Close Change 1863 183.64 186,77 2.66 up 69.33 60,00 68.30 1.36 ap 32.18 31.85 $8.08
.su ap 102.18
ce of 88,44 .85 up
-1936
50 Industrials
30 Raile
20 Utilitie
40 Bonds
11 Commodity Index 81.59
High 195.89 85.6) 184,09 05.08 17:31 60.94 37.79 18.4 31.80 100 01 84.46 102.34 41.88 81.59
Business Done:-1,820,000 shares.
Blocks
Stocks
Adams Expresa Allis Chalmers Amer, Can
Am. Car & Foundry
***Last Sale Mar. 29 30
201
66 1071
Amer. Cyanamid - 314
Amer. & For. Power 101 Amer. For. $7 pt. 55 Amer. Locomotive
Amer. Metals
Amer. Radiatör.
Amer, Rolling Mill .. Amer. Smelting
524*
24#
.647
404
931
Amer. Steel Fdries, 62 Amer. Sugar
472
Amer. Tel. '& Tel... 170 Amer, Tobacco. "B" 84 Amer. Waterworks 22
Anaconda Copper ... 63 Atchison, T. & 8. Fe. 82 Atlantic Refining 337 Atlas Corpn. ..... Auburn Motors
***
Baldwin Locomotive
171
$7 cum. pi......... 113 * Baltimore & Ohio... 374 Barnsdall Ol
314
Bendix Aviation ..... Bethlehem Steel..... 263 Boeing Airplane..... 421 Borden Co... 264 Briggs Mfacturing 403. Brooklyn-Manhattan »
TTAKS
****
251
× ⠀ ¤§ ⠀ ⠀ ⠀ ⠀ ⠀ ¤ ¤ » • E*T**FFI 98* F** * * ⠀⠀⠀⠀⠀⠀⠀» XII+6-17 ↑ ** · · a $1088 7. 9988
1241
-126
Last Sale Mar. 29 30 Great Northern, Rly. 51 521 Great Western Bugar 351
Holly Sugar Corpn. Humble O.........
Int. Nickel..............
Int. Tel. & Tel. .......
•
J
36
81+
82
69
701
13
121 Int. Dept Stores 321 321 Kennecott Copper 621 85 Lambert Corpa, ... 14 141 Loew's Inc.
771 78) Lorillard
241 ............. 241 Meinture Porcupine
CANADIAN
McKessori & Robbins 471
Monsanto Chemical 90 Montgomery Ward .. 801 Murray Corp.
Pacific Gas & Elec. 31
Pacific Lighting
Packard Motors
Paramount
·Pennsylvania -R.R.
Fi
1, 1937.
13
TAX ON FOREIGN DOLLAR STEAMSHIP LINES
SHIPS
Proposal By Sir Richard Holt
"TO NEUTRALISE SUBSIDIES”
A tax on foreign subsidised ships was suggested by Sir Richard Kolt. the Liverpool shipowner, recently, as a means of combatting the effect on Empire communications of the increase of foreign shipping." coupled with a decrease of British shipping.
1
Sir Richard was giving his pre- aldential address to the Chamber of Shipping of the United King- dom. held in Leathersellers Hall, E.C.
He said that it was disturbing to and that the tonnage of shipping" registered in the United Kingdom last June was 2,000,000 tons less than in 1914, while foreign tonnage had increased during the period from 28,000,000 to 44,000,000 tons."
Not only did this country de- pend upon shipping for its life. but the maintenance of a mer- cantile marine of the highest order was vital to the continuance of the Empire.
The chief dangers threatening Imperial communications arose from foreign shipping subsidies, discriminations and economic nationalism,
Trades bullt up by British ship- ping enterprise had already been lost to foreign competitors bolster- ed up by theli Governments.
Against auch forms of competi- tion British shipowners felt they should receive some effective sup- port from the Government. The matter
be should
explored thoroughly at the forthcoming In- perial Conference.
"My own personal suggestion.". said Sir Richard, "would be scheme for special taxation "of foreign subsidised vessel which would neutralise foreign subsides.”
SAFETY OF EMPIRE
He also suggested that if would. be reasonable to prevent the re- served. coasting trade, from being
of support to the foreign trade, by enacting that a vessel which had rùn in a trade forbidden by law to British ships should be for ever incapable of entering at a port in the British
47
891
624
171
171
Nat Cash Registor.. 29
28
Nat Dairy Products 241 Nat Distillers
243
33
337
Nat Power & Light, 11
114
New York Central 501
52)
29 1294
Niagara Hudson P.
Corph.
137
14
North American
27
27
Northern Pacific.....
32
33
31+1
www.
441 44+ 101 11 231 231 471 474
Phelps Dodge ...............
...
427
Phillps Petroleum - 551 Public Service of NJ 45
564
45
Brooklyn-Mannattan
$8 cum, pt.
95 Case, J.L
************** 151 - Canadian Pacific .... Celanese Corpn. of
Pullman Ine. ..........
Pure Of
201
203
Radio Corpn of Am. 11
11}
15
Republic Steel
441
46]
Reynolds Tabac. "B"
52"
621
America
324 79
St Joseph Lead Co.
801·
Schenley
49
481
Schenley 51% pi.....
*98*
98
Corpa... 791
Sears Roebuck
B01
914
Bhell Union Of
314
312
Boceny-Vacuum
188
· 19
Southern Cal Edison 27
used as
...a, means
29
Southern Paciuc...... 59
627
Southern Rly 5% p. 551
551
3t
$
Stand Brands .......... Stand Gas & Elec. 11 Stand Gas & Elec,
147
15
114
56
661.
391
163
$7 pl. eksosenega Standard Oil of NJ. Sterling Products
63
Empire.
631
71
712
67+
88
424
33
671
Technicolor
211
211
Texaa Gult Sulphur 41 Tidewater Assoc. O, 191 Timken-Detroit Axie Transamerica
14
44
201
251
167
20th Cent. Fox Tilsis
371
18 371
20th Cent. Fox Filma
.. pl.
46
461
607.
·150)
Un. Carbide & Car-
bon
Un. Paclic
103 1041 1421 146
United-Aircraft...... 301
-307
Un. Airline Trana-
port
197
20
United Corpn.
61
United Corpn.
$9
Cum ......men.
421
421
Un. Gas Iprovem't
14
141
Un. Light & pažer
US. Industrial Alco-
72
78
40
41
68
*: 717
U.S. Rubber $8 pf. 1047
100
U.S. Steel
118 1231
Vanadium
341 14
307 141 145
Cerro de Pasco Certain-Teed Paucte 18 Chesapeake Chesapeake & Ohio 591 Chrysler Corpn. Columbia Gas El 15 Columbia 6% "A" PI. 974 Commercial' Credit 80k Commercial Solvents 181 Commonwealth & 8. Commonwealth
cum. pt.. Consolidated Edison Consolidated Oil Continental Oll Cor. Products
Curtiss Wright "A" Curtiss Wright (C.) 7
Delaware & Hudson Del Lackawanna &
214
Western
| Distillers Corpn Bea-
201
1234
21
73
grams * JAMANI 281 Douglas Aircraft Du Pont
***** 167 Elec, Bond & Share Electric Boat 134 Elec. Bond & Share
$$ pi........... Elec. Bond & Share
$8 pf........... 791 Elec Power & Light 76 Elec Power & Light
$7.pf. Firestone Tire & R Flatkote
Gen. Asphalt
Gen. Cigar
Gen. Electric
↓
38-39
417
447
561
424
BETTER
Gen. Foods.
62
[5158
SHIPBUILDING
Gen. 'Motors
532
Gen. Railway Bigna!
Li
RETURNS
Gillette Safety Razor 251
Glidden Gold Dusting
43
44 *
MACKINNON, MACKENZIE & Co.,
Agent. Hong Kong, 31st March, 1937.
Swift International 321
*A*
hol......
U.S. Rubber
AMERICAN MAIL LINE
Sailings
Prodant Iduers' troquant ssilings and their unique stopover privileges allow you ta Sravel just ventily să you choose, And Dollar Simmship Linai and American Mall Le worldwide ales and agents are maintained to serve you asbare in whatever pinow you chance to be. Make your next trip more enjoyable, travelling "The Praddane Line wi
TO SAN FRANCISCO NEW YORK AND BOSTON
Via Shanghai, Kebe, Yokohama, Honolulu. San Francisco, Panama
י
TO SKATTEK, VICTORIA "THE EXPRESS ROUTE"
Via: Shanghai, Kobe and
Yokohama
Canal and Havana. Fres. Coolidge Noon Apr. 18th Pres, Jackson M'night Apr. 10th Pros. Taft 88.m. Apr. 91st Pres. Jefferson M'aight Apr. sard Noon May lat Pres. McKinley M'night May 7th 8. May 19th Pres. Grant 'night May 21st Noon June 3rd Pros, Jackson Minight June 4th 8am. Juzo 16th Pres Jefferson M'night lune 18th
Pre Hoover
Prea, Lincoln Prem Coolidge Prea. Wilson
EUROPE, NEW YORK
MANILA
THE MOST FREQUENT SERVICE
Next Sailings
Via Manila, Singapore, Penang, Colombo, Bombay, Suez Canal. Naples, Genoa and Marseilles. Pres. Adams Noon Apr. 1st Pres. Adams Neon Apr. Jat Pres. Harrison 8 am. Apr. 11th Pres. Jackson 6p.m. Apr. 4th Pres. Polk Bm. Apr. 95th Pres. Harrison & 3.m. Apr. 11th Aam. May 9th Pres Coolidge p.m. Apr. 11th Free. Van Buren Bam. May 23rd Pros, Taft p.m. Apr. 14th Prez, Garfield 8 a.m. June 8th Pres. Jefferson & p.m. Apr. 17th
Prea. Fierce.
MOST FREQUENT SERVICE ON THE FACIFIC
•
DOLLAR STEAMSHIP. LINES *AMERICAN MAIL LINE*
FÁDDER BUILDINĖ––HONG KONG,
QUANTOM· BRANCH -21, FRENCH CONCESSION, SHAHERN.
The Chamber adopted & resolu- JAVA
tion calling attention "to the vital position of Imperial defence, and
to the grave dangers threatening the communications of the Empire from foreign shipping subsidies and economic nationalism." 251
''.
A further resolution, which was adopted, urged Governments to continue Intensifed efforts toward a freer exchange of goods and declared that shipping prosperity, like that of other industries, de- perided on the restoration and expansion of world trade.
CHINA
JAPA
LINE
VISIT BALI AND JAVA Special Round Trip Fares 1st Class Hong Kong-Batavia- Hong Kong H$350. Hong Kong-Ball-Java-Rong Kong HS450.
TRANSPORTATION ONLY
H$950,
INCLUDING TRANSPORTATION,
· MAINTENANCE À TOURS ASHORE
Hong Kong
Manila Hong Kong H$135.
NEXT SAILINGS
TO BATAVIA DIRECT S.B. 'TJISONDARI' 6th April, 11 LE.
Tender Queen's Per 10,00 am. Trader Fattos Pier 10,18 2.21. TO MANILA, MAKASSAR. BALI & SOERABAIA
s.s. "TJIBADAK" 18th Apr., 10 am. Tender Queen's Pier 9.00am, Tender Police Pier 6,18 m. TO AMOY & SHANGHAI
14
LS. TJIKARANG" 12th April. For further information apply:
Holland China Trading Co.,
Canton H. Nolasco da Silva, Esq., Macao JAVA-CHINA-JAPAN LINE York Building
Tel. 28015.
PRINCE LINE.
NOTICE, TO CONSIGNEES,
Frox NEW YORK AND" LOSHANGELES
THE Motor Vessel
"CINGALESE PRINCE". having arrived from the above Forts on 30th Mar., Consignees of Cargo set hereby informed that their Goods are being landed at their risk into the Godowns of the Hong Kong and Kowloon Wharf and Godown. Company, Limited, Kowloon, and stored at Consignees risk
expense.
and
842*
424
The returns of Lloyd's Register for the last quarter of 1938 are Goodrich (BF) 481 most encouraging. They show Goodrich $5 pf. ......... that United Kingdom abipowners Goodyear and shipbuilders believe in the continuation of the present state of prosperity.
On the 31st of December there
were 237 merchant vessels of 953,- 642 tons gross under construction in the United Kingdom. This ex-
RAILWAY
DEVELOPMENTS
Warner Bros Pict.... Westinghouse Elec. 1401 Youngstown Sheet
& Tube 92 051 Chase National Bk. 53. 583* National City Bank 53 • 54. Call Money n .1% 1%
1 ex. div.
• Bid
- services, eficient loco-
To maintain faster more powerful and motives have been built. The first United Kingdom stream-lined ex-
SHIPS TOO FEW FOR WAR NEEDS
Sir T. Inskip's Appeal
Sir Thomas Inskip, M.P. Minis
ter 'tor Co-ordination of Defence,
at the dinner of the Chamber of
Shipping at Grosvenor House re- cently, appealed to the industry to co-operate with the Government and the nation."
One of the most necessary parts' of co-ordination of defence was the maintenance of a sufficiently strong mercantile marine which would be as indispensable in time of war as any, other part of the naval equipment of this country,"
He was aware that there were haps the country or the industry certain types of ships which, per-
was short of. He did not know, for instance, whether there existed in
ceeded by 35,071 tons the work in United Kingdom last year was re-completed its first year's working sufficient numbers vessels of the
hand at the end of the previous flected in the
type we knew in the Great War án Flest auxiliaries.
He was told that the carrying
MODERN
LIJN EXPRESS SERVICE
MAERSK LINE
Fast regular FREIGHT and PASSENGER SERVICE
Shanghai, and Japan
LOS ANGELES, PANAMA, NEW YORK, BOSTON,
PHILADELPHIA
&
BALTIMORE.
It suffoient inducement offers also other posts of call. Arrivals from USA.
Sailings to U.S.A. M.V, TASMANIA"
13th April 31st Mar M.V. "GERTRUDE MAERSK " 27th April
(All dates are subject to alteration without notion) EXCELLENT ACCOMMODATION FOR PASSENGERS AT MODERATE BATES.
For Freight And Passage please wpply
JEBSEN & CO.
'Canton, Shameen, B.C.. "Tal. 10918,
The general trade revival in the press, the "Silver Jubilee," which
on the 30th of September last, has balance sheets of
covered 133,000 miles, conveyed 68,- quarter, and by as much as 220,550 the four main line railway com-000 passengers, and made more All broken, chafed, and damaged Goods tons, or 30 per cent, the shipping panies. The receipts from passen- than 500 runs between London and are to be left in the Godowa, where under construction at the end of ger, parcel, mail and other traf- Newcastle. Stream-lined railway- capacity of the British Mercantile they will he examined on Monday, 1935. It was the largest quarterly fic amounted to £85,254,000, Re-services have been extended in the darine was greatly in excess of 5th April, 1987, at 10 A M.
All Claims must be presented within total recorded since September, ceipts from general goods traffe West of England, and rapid pro-one-third of the world's shipping. 15 Days of the Vessel's arrival hore, 1930, and considerably exceeds the were £62,114,000; and those from gress is being made with the elect That was not enough. He wanted after which date they cannot be re aggregate tonnage now under con- coal and coke traffic about £29-rification of lines in certain parts to know whether it had a capacity cognized.
No Claims will be admitted after the tries abroad. Taking last year as a whole
struction in the four leading coun- 690,000. The total increase for the of the country. Goods trame ser-equal to the demands that might Goods have left the downs, and al
year-comparing gross vices have been widely accelerated. be made upon it in the day of Goods remain ng undelivered after the
in the United Kingdom was 328-was about £5,000,000. This trains has been doubled during the would never come. vessels, of 854,717 tons, as compar-sum did not, however, represent course of the year, providing a ed with 173 vessels, of 487,087 tons, clear profit. Against it must be next day delivery of merchan-Hamentary Becretary to the Board for the current year would not be was particularly a serious falling
Dr. Leslie Burgin, M.P.. Far in 1935, The output for 1936 was set higher costs of labour and madise between all places of imper-of Trade, in the absence through paid. better than any attained for sever-terials, and the steadily increasing tance. The raflway air services are indisposition of Mr. Walter Rinci
on in small tonnage suitable for al years, and there is every indica demands for higher speed, greater being extended, and accelerated man, stated with regard to the effective tonnage available for the
Lord Essendon said that the the carrying of iron ore. tion that the agures for the pre- comfort, arid extended freight fa- and a programme to cover 62 fy-subsidy to tramp shipping that it carriage of food, raw materials more dependent on neutral tonné In the event of war we would be sent year will be equally satte cilities, all of which necessitate ing routes will be introduced in a had realised more than was ex- and troops in the event of war age than we were between the factory,
additional expenditure.
few months time.
pected of it and that if the present was only 14,000,000 tons, compared years of 1914-11-
6th April, 1987, will be subject to Bent.
by
No Fire Insurance has been effected.
Bille of Lading will be countersigned
FURNESS (FAR EAST), ITD.
Ind Floor, Hongkong & Shaphai Raub Building. Dials 23185. & 23169. Hong Kong, 20th March, 1937.
[6185
whole, the total tonnage launched receipts with those for 1935 The number of express freight strife and strain, which they hoped
Agents. Hong Kong, Pedder Building
"Tal. 28363,
freight levels persisted the subsidy with, 17,509,000 tons in 1914 Theré