S.S. "BENGLOE"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 9th May.
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
Next Sailing to MANILA BENREOCH
S.S.
"
3rd May,
Next Sailing for SHANGHAI &" JAPAN
S.S.
16
BENARTY"
8th May.
For Freight and Passage apply to :-)
Tol. 29533
·W. R. LOXLEY & CO., (CHINA) LTD.
York Building. Agents:
THE BEN LINE STEAMERS, LTD,
50
Cents
LOCAL DIRECTORY
50
A
OF
HONG HONG KONG
(Including List of Factories)
CENTS PER COPY
HANDY BOOK
INVALUABLE
FOR BUSINESSMEN IN HONG KONG
NOW ON
SALE
PRINTED AND PUBLISHED BY
HONG KONG DAILY PRESS, LTD.
· Tel. 30251,
GOLD FROM SEA WATER
Australian Inventor's
Claim
A provisional patent for yet an- other process for the recovery of gold from sea water has been
applied for by Mr. H. E. Bresland,
of South Fremantle, Western Aus- tralia
The process, he has announced, consists of coating zinc plates with a potassium cyanide solution of silver. They are then placed in the sea so that they come into contact with the rising and falling tides:
The allver cyanide solution on the zinc sets up an electric sction between the plates, he claims. Assisted by the salt in the water, the electrolysis thus established causes, gold present in the sea to be deposited: on the plates.
When they have been in the water for some time, the gold can be scraped off and the plates cleaned in a very weak sulphuric acid bath. After reconditioning with the silver solution, the plates are ready for use again.
MARINA HOUSE
3RD FLOOR,
15-19, QUEEN'S ROAD.
HONG KONG DAILY PRESS, WEDNESDAY, APRIL 28, 1937.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Hong Kong, Apr. 27. Silver prices dropped 1/18 yes- terday for both deliveries, the quotations being 20 $/16 for Ready and 20 3/8 for Forward. adver advices reported speculators as having sold. India - bought to i small extent. The market closed steady. American Sliver was quot- ed at 44 3/4 for Spot.
The London-New York cross- rate was quoted at 493.68. New York-London was quoted at 493- 23/32.
"
Dull but steady.
MARKET
STERLING
NEW YORK STOCK EXCHANGE
New York: April 20
(Through Renter's Service)
QUOTATIONS
New York/London Cross-rate Now York Cotton-July Dec. New York Rubber-July Chicago Wheat July Chicago Corn. July. Silver-Official
1936/7
Last Today's High Low Close Close Change
4.93-5/32 4.93-93/31 9/18 up 13.15 13.06 13.34. 1348 .18 off 12.84 12.7% 14.05 12.74 ,21 off 99.75 99.98 23,35 22,8 -107 of
116 14
118) 126 3 off 1143 111
110 114
I off 442
High Low Dow Jones Averages, April 94. High Low Close Change.
Industrial
194.40 143.11 SO
Stocka
Adams Express .......
Allis Chalmers Amer. Can
171 There were sellers at 1/2 29/32 April-December, buyers at 1/2 15/16 for any delivery. No busi- ness was reported.
7.5. DOLLARS Nothing doing. There were sel- lers at 30 5/8 April-May and 30 9/16 June-September. buyers at 30 11/16 Cash-August and 30 5/8 September.
SHANGHAI DOLLARS
A small business was done at 102 5/8 for cash. There were sel- les at 102 5/8, buyers at 102 11/16 for cush.
SHANGHAI MARKET There were sellers of Sterling at 1/2 1/2, buyers at 1/2 17/32 for Spot. U.S. Dolars, sellers at 29 7/6. buyers at 19 15/16 for Spot,
IN THE AFTERNOON The market was
dull in the afternoon.
STERLING
The market closed with sellers at 1/2 29/32. April-December. buy- ers at 1/2.15/16 for any delivery. U.S... DOLLARS There were sellers at 30 5/8 April-May and probably June and 30 8/16 July Speember, buyers at 30 11/16 Cash-August and 30 5/8 September.
Bethlehem Steel.... Boeing Airplane Borden Co........................... 251 Briggs "M'facturing 481 Brooklyn-Manhattag
Trans ................ 34
SHANGHAI DOLLARS Sellers at 102 5/8, buyers at 102 Case, J.I 11/16 for cash.
176,08
09.04
29.04
Great Northern Rly. 11 493
Holly Sugar Corpn.
Humble Off
Int. Nickel.....
Lambert Corpn. ...... 12)
McKesson & Robbing 45 * 45
Pacific Gas & Elec. 30;
Paramount
Pennsylvania RR
Phelps Dodge
Phillips Petroleum '..
Pullman Inc. ..........
Radio Corpn of Am.
a
ཿཧཱུཾཿཨྰཿཎྜསྶ
ཿཨྰཿཨྰཿབྷཨྰཿརྒྱུུ
ནཱཊྚཊྚབྷབྷཱཙཨྰཿཐཱ7,
ཿ བནཱ
ཿäནཱནཱཙྪཝཡོ
ཚོ@ཡྻོRཨྰཿཀྰསློཨྰཿཎྞཱ
ཙྪཱ8
ཋཱགོ,
**7 Fe⠀⠀=7*7
98.786¶¶¤
¤×8¤‡***
**
***¤ ¤¤¤¤¤×¢¢* ©F$#*C÷***
13
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
Sailings
President Liners' frequent sailings and their unique stopover privileges allow you to travel Junt exactly as you choose, And Dollar Alanmäkip Liane and Americas Nail Line worldwide ofices and agruta are maintained to serve you where in whatever place you barve to be. Make your next trip mare enjoyable, travelling “The Freakiona Lino way,
TO SAN FRANCISCO NEW YORK AND BOSTON
Via Shanghal, Kobe, Yekobama Honolulu, San Francisco, Panama Canal and Havana. Pres. Hoover Pres. Lincoln' Pres. Coolidge Pres. Wilson Pres. Hoover
TO SEATTLE, VICTORIA "THE EXPRESS ROUTE"
Via Shanghai, Kobe and
Yokohama
Pam. May 1st Pres. McKinley M'night May 7th 8am. May 19th Pres Orunt M'night May 21st Noce June 3rd | Pies. Jackson M'night June 4th Sa.m. June 16th Pres Jefferson M'night 'uns 18th Noon Jure 28th Pie McKinley M'night July 2nd Pres. Cleveland M'aight July 13th | Pres. Grant. M'night July 18th
EUROPE, NEW YORK
Via Manila, Singapore, Penang, Colombo, Bombay, Suez Canal, Naples, Genos and Marseilles, Pres. Pierce
וי
MANILA
THE MOST FREQUENT
SERVICE
Next Sailings
8am. May 9th
8 a.m. May 9th Pres. McKinley 6 p.m. May 1st Pres. Van Buren 8am. May 23rd Pres Pierce Pres. Oarfold
Pres. Adams
8 nm. Jano 6th Pres. Lincoln M'night May 11th 8.to. June 20th | Pres. Grant
6. May 18th
8 sm. July 4th Pres. Van Buren a.m. Nay. 23rd 8am. July 18th Pres. Coolidge 9 p.m. May 27th
MOST FREQUENT SERVICE ON THE PACIFIC
DOLLAR STEAMSHIP.LINES
D
•
* AMERICAN MAIL-LINE *
FEDDER BUILDING-BONG KONG,
CANTON BRANCH −1), FRENCH CONCESSION, SHAMLIN.'·
CONSIGNEE NOTICES.
OCEAN STEAM SHIP CO, LTD.
AND
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
(ONSIGNEES per Co's Vessel
"BELLEROPHON"
FROM UNITED KINGDOM AND CONTINENTAL PORTS VIA
64.4€ 140.66 20 Railr 37.54 99.23 20 100 01 88.8 40. Bonds
82.44 85.58
Utilities
April $5.
175 34 171.50 171.97 18.03 16.85 7.28 23,68 28.92 -28,09
5.01 off 2.16 of
09 off
101.06
11
Commodity Index 76.99
Business Done: -2,020,000 shares,
100.69 74.88
46 off
1.61 off
Last Sale Apr. 24 26 171
Last Sale
Stocks
Apr. 24 28
671 851 99.
Great Western Sugat 357
353
981
Am. Car & Foundry
Amer. Cyanamid............. Amer. & For, Power Amer. & For. $7 p. 574 Amer. Locomotive Amer. Metals Amer. Radiator
29
27
J1
8t
Int. Tel. & Tël,
******
11
55+
Int. Dept Stores
261
491
462
Kennecott Copper
64
........ 533
49
112
231
227
-Loew's Inc.
..... 787
764
Pres, Hayes
Amer, Rolling Mill... Amer. Smelting. .....
37
.351
Lorlard
22
Pres. Monroo
861
.62+
McIntyre Porcupine
Amer. Steel Pdries. 54 Amer. Sugar ...... Amer. Tel. Tel... 166 Amer, Tobacco "B". 81 Amer. Waterworks 201 Anaconda Copper... 55% Atchison, T. & 8. Fe. 83+ Atlantic Refining ... 321 Atlas Corpn. ...... 174
51
48
472
Monsanto Chemical 90
165
Montgomery Ward
53
801
Murray" Corpn.
151 142
19
Nat Cash Register ..
261*
521
Nat Dairy Products 234
231
80+
Nat Distillers ........
327
301
Nat Power & Light.101
10
17
New York Central ...
451
Auburn Motors ...... Baldwin Locomotive
#7 cum. pí. ........ 107 * Baltimore & Oblo... 35 Barnsdall Ol Bendix Aviation
307
28+
Niagara Hudson P.
Corpn.
314
100
North American.....
25
33
Northern Pacific:
-30
301 281
301
Pacife Lighting
457
88 39
844
Packard Motors
91
·NOTICE TO CONSIGNEES
361 25 481
211
424
53
34
Public Service of N.J. 427
42
Brooklyn-Manhattan
$8 cum, pr.
893"
891
Pure 011
197
163
154
91
Canadian Pacific
134
12)
Republic Steel
42
Celanese Corpn. of
Reynolds Tobac. "B" 501
50
America
361
341
St. Joseph Lead Có.
Cerro de Pasco ...... 73 Certain-Teed P'ducts 181 Chesapeake Corpn. 831 Chesapeake & Ohio 80 Chrysler Corpa. ..... 115} Columbia Gas & El. 14. Columbia 6% "A" pt. 941
69
Schenley
431
18"
Schenley 61% pt.
814
Sears Roebuck
83+
584
Shell, Union Ol
191
174
1111
Socony-Vacuum
180
131
Southern Cal Edison 253
252
a
Commercial Cradit 63 Commercial Solvente 151 Commonwealth & 8. 21 Commonwealth $8
95 601
36
481
15
Stand Brands
23
Stand Gas & Elec.
B2
Stand Gas & Elec."
cum. pf.
55 1 541
551
Consolidated Edison 38)
37
647
151
157
661
441
422
68
62
Swift International 321 Technicolor
31
214
B1
61
Curtiss Weight "A" 20
10
Delaware & Hudson 191
171
Del. Lackawanna &
Texaa Gult Sulphur 38 Tidewater Assoc." 011 181 Tinker-Detroit Axle 234 221 Transamerica
377
18
141
129
123
20th Cent. Fox Films 381
37
20th Cent. Fox Films "
grams
221
22
Douglas Aircraft Du.. Pont
59
55
Un. Carbide & Car-
1551
152
bon
98
Electric Boat
201
182
Un. Pacióc
1481 144
Elec. Bond & Share
201
182
Providents (Old). $2.39. Electrics, $81.
United Aircraft
26
Elec Bond & Share
$5 pt.
Un. Airline Trans
681
58
..port
Elec. Bond & Share.
$6 pt.
United Corp
51
76
75
19
United Согра
*3
401
Bec Power & Light
37 pf.
761*
75
Un. Gas Tprovem't 134
134
Firestone Tire & R 35 Ironote
341
61
US. Industrial Alco-
rien. Asphalt ....................... Gen. Cigar Gen. Electric Gen. Foods
362
341
434
43
hole
371
.
བ་-*རྒྱུུབྱ་*--**
U.S. Rubber
56
521 511
584
557
U.S. Rubber $8 pt. 07
92
1051
Gen. MotorB'. A.........
46
45
Vanadium
291
Gen. Railway Signal
the
Gillette Safety Razor 25 Glidden
251 (the
433*
421
Warner Bros Plot, Westinghouse Youngstown
131
Elec. 1371
1341
Sheet
& Tube ...
451
43
834
703
431
402
National City Bank $99* Call Money
Chase National Bk. 57.
-541*
47
1%
1 ex. div.
• Blo
A. K. SHAREBROKERS ASSOCIATION
BUYERS
Bank of E Asia. $92. Wharves. $116. Providents (Old), $2.30; H.K. Docks, $31. Hotels, $7.40.
Lands, $351.
Chinese Estates, $86. Trams. $15.35.
China Lights, $144.
China Lights (New), $141. Elecrics, $61.
Telephones (Old). $29.60. Telephones (New), $12.85.
"Cements, $15.80.
Ropes, $5.30. .
Constructions (New), 45 cts. Consol. Mines, 041 cts..
SALES Underwriters, $1.65. Trams. $15.40.
SELLERS
Consolidated Of....
Continental Oll
Corn. Products Curtiss Wright (C))
Western Distillers Corpn Sea..
¤Ã¤ ¤ ¤ ¤ ¤ ¤ g dag ge* * * * *
CHARTERED BANK OF Power & Light 201
INDIA, AUSTRALIA
AND CHINA
The eighty-third ordinary general meeting of the shareholders of The Chartered Bank of India, Australia and China,
beld
wws
EXPORT SUGAR recently at the Bank's premises,
QUOTAS
28, Bishopsgate, London, EC. Mr. A. d'Anyers Willis Chairman) presided, and in course of his address said:
In happenings in China, which
Gold Dust
Goodrich (BJ)
Goodyear.
Mi. Ramsay Mac-have made the greatest impression Goodrich $5 pf...... Donald's Proposals
London, April 26.
of
. The negotiating committee
on the Western banking world, in the last year or so, probably that of the change in China to a out
managed currency, stands REICHSMARK RATES
relatively as the most important.
Berlin, April 26.
'Amsterdam, 13.39 to 73.42. London; 12.27.
In last year's, speech, misgivings the International Bugar Confer- ability of the Chinese Government without guarantee, as follows:-
were -expressed regarding the The Reichsmark was quoted, ence held a meeting to-day of the to maintain a managed currency.
New York, 40.21: heads of the various delegations. So far the arrangements have
Paris, 900.75. The president, Mr. Ramsay Mad been successful, and if, alded by Donald, formulated some fresh a healthy export trade, and pro- proposals for fixing export sugar vided that no major political up- quotas to be allotted
heaval takes place to challenge countries. These proposals
the authority of the Central Gov- ernment, there seems no reason generally approved,
why they should not continued to be a success.
to certain
were
To meet the views of certain 'de- legations, some changes were sug- Bested and did not give rise to ob- Jection, and it was agreed that the Anal acceptances of these
pro
posals should be left for the plen- ary meeting to be held at an early
date,
Meanwhile
2
At the time the currency reforms were introduced in November, 1935, the Government announced. Its intention of converting the Central
Paris, sterling, 111.18 to 111.25. U. B. dollar, 23545 to 1255 n Transocean Neus Service.
SINGAPORE RAW RUBBER
H.B. JOSEPH & Co.
Hong Kong Apr. 27. Messra. B. Joseph & Co, re-
Bank of China into a Central ceived the following quotations Reserve Bank. So far this essen from Singapore in Straits Currency tal safeguard to the control of for Raw Rubber the note issue and to the effective
the sub-committee supervision of the Commercial will continue their work and the Banks free from all political blas Negotiating Committee has been-has not been introduced, al- asked to draft a convention
though I believe the matter is British Wireless,
receiving. attention.
Spot
May-June July-Sept. Oct.-Dec.
Market:-Weak.
Buyers
3T Down 28 374 Down 27 37+ Down 3 37% Down 3
Bouthern Pacifc....
Southern Rly 5% pt. 50
Standard Oil of N.J. 66]
Sterling Products
pf.
cump. I
Un. Light & power
US Steel
ཙནཱ
ཙ,
དྷཀྑུཊྛིཙྪཱཊྛ#ཊྛཱ
༄ཟློ$
954*
will be
41
SINGAPORE. are hereby notified that their Cargo discharged into Holt'e Wharf, Kowloon, where it will lie at Consignees risk and subject to Torms and Conditions of Storage at Holt's Wharf. The Cargo will be ready for Delivery from Godowa sa and after 26th April.
Optional Cargo will not be landed here 134.unless Nation has been given prior to Steamer's arrival, but carried on from port to port to the final port of call, to which the option extends.
All broken, chafed and damaged Goods are to be left in the Godown where ther will in examined on any Tuesdaye. and Fridays between the heum of 10.45 .. and Noor within the Free Storage period.
481
€
*‡*
** ** ~
***g*⠀⠀
****
LABOUR CONFERENCE IN THE FAR EAST
The projected,
Asiatic Labour Conference is warmly endorsed in bis 1937 report, published for the Labour Conference, by Mr. Harold Butler, Director of the Interna- tional Labour Office.
"It is permissible to hope, the | report says, “that the administra- tive counch of the International Labour Office will present his pro- ject in an effective light.
peich
"In a general manner of speak-" ing it seems safe to say that with- in the limits of his financial re- sources, the LLO. has made splen- did accomplishments towards de veloping the scope of lie work out-
No Onica will be admitted after the Goods have left the Steamer's Godawn. and all Goods remaining undelivered after the 3rd May, will be subject to Rent
All Claims against the Steamer mast be presented to the Undersigned on ar before the 17th May, or they will not be recognised
No Fire Insurance will be effected BUTTERFIELD & SWIRE
Agents. 26th April, 1937.
PRINCE LINE.
NOTICE TO CONSIGNEES.
Frox
NEW YORK AND LOS ANGELES
THE Motor Vessel
T
* CHINESE PRINCE"
CONSIGNEE NOTICES.
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO., LTD. ·
AND
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
CONSIGNEES per Co.'s Vessel
"HECTOR"
will bo
FROM UNITED KINGDOM VIA SINGAPORE are hereby notified that their Cargo Wharf, Kowloon, where it will lis
discharged Loto
Holt's
Terms and Conditions of Storage at at Consignees rink and abject to Holt's Wharf. The Carge will be ready for Delivery from Godown on and after
24th
April. Optional Cargo will not be landed here, unless Notice has been given prior to Varsel's arrival, but earried on from port to port to the final port of call to which the option extenda,
All broken,chafed and damaged floods are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10.45 4. and Noor within the Free Storage period. Goods have left the Vessel's Godown No Claims will be admitted after the and all Goods remaining undelivered after the 1st May, will be subject to Bent
be presented to the Undersigned on or All Claims against the Vessel mast before the 15th May or they will not be recognised..
No Fire Insurance will be stooted. BUTTERFIELD & SWIRE
Agenta.
24th May, 1937.
[6221
CONSIGNEES' NOTICE,
THE BEN LINE STEAMERS, LTD.
From LEITH, MIDDLESBRO', ANTWERP, CONDON AND STRAITS.
Tax 8.8. BEN HINNES." TONSIGNEES of Oargs are heraby informed that all Goods are being
having arrived from the above Porte | landed at their risk into the hazarlota on 22nd Apr., Consignees of Cargo are and/or extra bazardous Godowke of the hereby informed that their Goods are Hoxe KawG AND KOWLOON WHARY AND being landed at their risk into the GoDown Cowan,"LTD., "whance and/or Godowns of the Hong Kong and Kowloon from the whares Delivery may be Wharf and Godown Company, Iámited, Kowloon, and stored at Consignees risk
expense. All broken, shafed, and damaged Goods are to be left in the Godown, where 28th April, 1937, at 10 AM. they will be examined on Wednesday,
and
Claims will be admitted after she Goods have left the Godoras, and all Goods remaining undelivered after the 19th April, 1937, will be subject to rent.
All Ulaims against the Steamer must All Claims must be presented within before the 11th May, 1837, or they will be presented to the Undersigned on or 18 Days of the easel's arrival here, not bei after which date they cannot be re-
I recognised:
comply with the General Bonded cognized.
No Claims will be alaitted after the must have Hovonne Officer in atten Warehouse Regulations consignees Goods have left the Godowns, and all dance when damaged dutiable goods Goods remaining undelivered after the are examined. 29th April 1932, will be subject to Feat. No Fire Insurance has her affected. Bill of Lading will be countersigned
by.
FURNESS (FAR EAST), LTD.
2nd Floor, Hongkong & Shanghai Bank Building. Dialg 28185 & 20169. Hong Kong, 22nd April, 1987..
[6819
CANTON INSURANCE OFFICE
All broken, chaled and damaged Goods, they will be examined ex the 16th Apr are to be left in the Godowns, where 1937, at 9 am, by Messrs. Carmichael
Clarke 20
&
No The Insurance has been effooted Billls of Lading will be countersigned by W.BLOXLEY & (b. (CHINA) LTD.
MARA Agents
Hong Kong, 21st April, 1987
15909.
$8 per share in respect of Working Account for 1835, add $200,000 to Reinsurance Fund and $496.101.30
de Europe. Much remains to be We are omcially informed that to Underwriting Suspense. Account. the General Agents and Consulting they will further recommend the Committee of The Canton In-payment of an Interim Dividend of surance Omce Ltd., will, at the $5 per share in respect of Working forthcoming meeting of share Account for 1936, and that the holders to be held on Tuesday, May balance of $1,062,031.92 be carried 18, recommend a final dividend of forw
done, but our organization will allow none of the impetus to be lost which has been given in this direction by the Santiago Confer- ence and the tripartite meetings in Washington in turn "
"