HAMBURG-AMERIKA LINIE
it
Far Eastern Mall, Passenger & Freight Service
..
Through hookinus to America via Eurape and Europe via America. - Bookings around the world: Through bookings to London.
-
OUTWARD SAILINGS 6. "NEUMARK........... for Shanghai, Yokohama, Kobe, Osaka,
Moji, Dairva, Taku, Talugtao... 10th June 8.8. "ÄLDINGTON COURT for Sha, Kobe, Yokohama
...nd Junë *.*. "NORDMARK"...for Shanghai, Dairen, Taku, Yhamis,
Kobe, Osaka.
...
7th July
HOMEWARD SAILINGS +m.." BURGENLAND...for Genon, Rotterdam, H'burg...8th July + my "KULMERLAND"...for Genoa, R'dam, H'burg 11th Aug.
+ m.v. "DUISBURG"..... for Genon, R'dam., Hamburg.... 28th Aug.
+ Passenger Veszul. Limited Passenger Accommodation.
For further particular and passage farez, etc. apply to:--
HAMBURG-AMERIKA LINIE
JEBSEN & CO. AOINTS.
13, Pedder Street, Tel. 28363,
CANTON AGENTS; CARLOWITZ & CO.. Shakee Road
S.S. "BENLEDI"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 9th July.
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
Next Sailing for SHANGHAI & JAPAN
· S.S. “* BENVORLICH ”
Tel 22533
20th June.
For Freight and Passage apply to:--
W. R. LOXLEY & CO., (CHINA) LTD.
York Building. Agente:
THE BEN LINE STEAMERS; LTD.
HONG KONG DAILY PRESS
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Silver prices were unchanged yesterday, the quotations being 19. 13/16 for both deliveries. Sliver advices reported the market as being featureless. After the off- cial fixing India sold and Ameri- can trade bought. American Sil- ver was quoted at 44 3/4 for Spot. The London/New York cross- rate was quoted at 493.75. New York/London was quoted at 493.13/16.
MARKET.
Fairly active. Opened Arm but subsequently eased off slightly.
!!!
STERLING
Business was done shortly after the opening at 1/2 27/32 for Octo- ber. August and June. The mar- ket then eased off slightly and a small business was reported at 172 13/18 for near delivery. The mar ket closed at I p.m. with sellers at 1/2 13/18 June-December, buyers at 1/2 37/32 for any delivery.
U.S. DOLLARS Business was done early in the morning, at 30 1/2 for June and 30 17/18 for August. Later a small business was done at 30 7/18 for July and 30 1/2 for Cash. The market closed at 1 p.m. with sellers at 30 7/16 June and 30 3/8 July- October. buyers at 30 1/2, Cash/ July and 30 7/16 August-October,
SHANGHAI DOLLARS Quiet. There were sellers at 102 3/18, buyers at 102 5/16 for cash,
SHANGHAI MARKET Steady. Business was done at 1/2 1/2 for Spot. There were sel- lers at 1/2 31/64, buyers at 1/2 1/2 for Spot. U. 8. Dollars, sellers at 29. 13/16, buyers at 29 27/32 for Spot.
IN THE AFTERNOON :
SATURDAY, JUNE 19, 1937.
NEW YORK STOCK EXCHANGE
New York: June 19.
(Through Renter's Service?
QUOTATIONS
New York/London Cross-rate New York Cotton-July Dea New York Rubber-July Chicago Wheat July Chicago Wheat --Sept. Chicago Cora
-July Silver--Ogial
Last Today's High Low Close Close Change
4.93-4.93-13/16.j off 12.08 11.84 11.93 18.01 .08 up 1210 11.88 11.96 1204 .66 up 10 up unchanged
19.38 19.08 12.81 19.32b
110 107 1101110 110 107
18 110 118 111
119
12
441
unchanged
1836/7
Juno 18.
High Low Dow Jones Averages 194.40 14.11 50 Industrials
June 16.
High Low Close
Change
106.86
187.95 183.31 187.74
1.69 up
64.46 40.68 20 Rails
53.67
5401 59.31 63,68
37.54 95.98 99 Utilitie
10001 88.92 40 Bonds
96.08 101.18
84 65.58 11 Commodity lndex 87.71
Business Done:-1,260,000 sharos.
.31 up FOX 25.40 2018 .07 up
101.07
11 off 08.01 .30 up
Stocks Adama Express Allis Chalmers
Lust Bale June 16 17
BLOCKI
161 151
581
Great Northern Rly. 50" 514 Great Western Sugat 34 35 591
Amery Can ...... 911
91
|
âm. Car & Foundry
31
61
424* 442 194
161
Amer. Cyanamid Amer, & Far. Power Amer. & For: ST pf. 50 Amer. Locomotive ... Amez. Metals .......... Amer. Radiator Amer, Rolling Mill.. 33 Amer. Smelting ---- 837 "Amer: Steel "dries. 52
Amer. Sugar ........... 401 Amer. Tel. & Tel... 165 Amer, Tobacco "B" 751 Amer. Waterworks. Anaconda Copper ... 491 Atchison. T. & S. Fe. 801 Atlantic Refining... 273 Atlas Corpn.: "... 15} Auburn Motors... 141 Baldwin Locomotive
* cum. pf........ 90 Baltimore & Ohio... 271. Barnsdall Of 25 Bendix Aviation .... Bethlehem Steel Boeing Airplane
78$ *****. 283 Borden Co............. 231 Briggs Mfacturing 401
The market was quiet in the Brooklyn-Manhattan afternoon.
IN STERLING
"
No 'business was reported, finish-
MAERSK LINE ing with sellers at 1/2 13/16 June..
Fast regular FREIGHT and PASSENGER SERVICE
via
Shanghai, and Japan
to
LOS ANGELES, PANAMA, NEW YORK, BOSTON, PHILADELPHIA & BALTIMORE,
If ancient inducement offore also other ports of call. "
Arrivals froma» 13 S.A.
M.V. "GRETE MAERSK”
22ari Jane
M.V: "DAGERED *
29th June
M.V.
NIEL MAERSK"
Sailings to USA. 20th June
27tb July
(All dates are subject to alteration without notice.)
EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE RATES.
For Freight and Passage please apply;~~
JEBSEN & CO.
Cantos, Shameen, E.C.
Tel. 10918.
Agents,
World Stabilisation
Of Gold
The "Morning Post" states that they recently received from Mr. A. J. Fransella a copy of a letter which he addressed to the Hon.
has
N. C. Havenga, Minister of Finance for the Union of S. Africa, from which the following is extracted;
Whilst the United States been gathering unto itself a very large proportion of the gold pro- duced, and whilst Russia, France, and Great Britain have also ac- cumulated proportionate, stocks, the freezing up of these gold aaseta has gradually become menace to stability, so much so, that the world's financial centres have been rocked to their bases as a result of rumours suggesting that the United States will cease to buy gold.
&
Hong Kong, Padder Building
Tel. 28363,
STEEL STRIKE
Hopes Of An Early
Settlement
| 19-48VE-F
Canadian Paclic
December, buyers at 1/2 27/33 for Celanese Corpn. of 'any delivery.
U.S. DOLLARS The market closed with sellers at 30 7/16 June and 30 8/8 July October, buyers. at 30 1/2 Cash- July and 30 7/18 August-October. SHANGHAI DOLLARS. Sellers at 102 1/4, buyers at 102 5/16 for cash.
NO CHANGE OF POLICY YET
Gold Question In
The House
London, June 17. Answering a member who want-
America
Cerro de Pasco ...... 627 Certain-Teed P'ducts 132 Chesapeake
Corpn. 71.
补
་
Last Sale "June 16 17
764
731
Holly Sugar Corpn. Humble Ou Int. Nickel ............. 561 572 Int. Tel. & Tel.
104 11
Int. Dept Stores . 1911 19. Kennecott Copper
€31 63 Lambert Corpn." -----4 113 12 Loew's Inc.
751 761 Lorillard
201 201
McIntyre - Porcupine
McKesson & Robbins 43 * 43 Monsanto Chemical 881
Iv FC=48°F 8×a§#§-€ ÷###--⠀⠀ ⠀x. E-TT F&EF÷7F82. F*}******* • ⠀⠀ ** ** *
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings
President Liars' frequena seilings and their unique' stopover privileges allow you to travai jam exaolly as you choose, And Dollar Biesszahly Lined and Americsa Män Line worktwide odlowe sod ngenta are madetaksed! to serve you whore in whatever place you chance to be. Make your weak trip mare enjoyable, travelling "The President Line word.
TO SAN FRANCISCO NEW YORK AND BOSTON
Via Shanghai, Kobe, Yoko'ama. Honolulu, San Francisco, Panama Canal and Havana. Pres, Hoover Noon June 26th Pros. Cleveland M'night July 13th Pres. Coolidge Noon July 24th Fres. Taft M'night Aug. 10th Pres. Hoover Noon Aug. 21st Prea, Lincoln M'night Sept. 7th
EUROPE, NEW YORK
Via Manila, Singapore, Penang, Calambo, Bombay, Snax Canal, Naples, Geaca and Marseilles, Pres. Hayes Pres, Monroe Pres. Adams Pres. Harrison Pres. Folk Pre®, Pierce
TO BEATTLE, VICTORIA "THE EXPRESS ROUTE*
Via Shanghai, Kobe and
Yokohama
Pres. McKinley M'night July and Prea. Grant M'night July 16th Pres. *ackton M'night July 30th Pres. Jefferien M'nig' t Aug 17th Frea, McKinlay M'night Aug. 27th Pres Grant M'night Sept. 10th
MANILA
THE MOST FREQUENT SERVICK
Next Sailing*
4 p.m. Jano 10th Pras. Faye 4 p.m. June 20th 8am. July 4th | Pres. McKinley 6 p.m. June 26th 8am. July 18th | Pres. Monroe - 8 am. July 4th 8am. Aug. t Pres. Cleveland M'night July th Sam Ang. 16th | Pres. Grant 8 p.m. July 10th 8 am. Aug. 29th Fres. Coolidgo." 9p.m. July 18th
MOST FREQUENT SERVICE ON THE PACIFIC
DOLLAR STEAMSHIP.LINES * AMERICAN • MAIL LINE-
ནཱ་: ོ་
•
PADDER BUILDING-BONG KONG. CANTON BRANCA -21, FERNOR CONGRSSION, SHAMEIN.
JUD
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
CONSIGNEES per Co.'s Vensel
"LAOMEDON "
"FROM NEW YORK VIA MANILA are hereby notifed that their cargo will be discharged into Holt's Wharf Kowloon, where it will lie. Consignces risk and subject to terms and condi tions of storage at Holt's Wharf. The Cargo will be ready for delivery from Godown on and after 17th June.
Optional caro will not be landed here, unless notice has been given prior to steamer's arrival but carried on from port to port to the Bnal Fort of call to which the option extends
80}
821
Montgomery Ward. 511 54
10 Murray Corpn. Nat Cash Registor.. 32 Nat Dairy Products 21 Nat Distillers ...... 294. Nat Power & Light 87 New York Central... 384 Niagara Hudson P...
Corpn. TRIST North American 213 222 Northern Pacific... 293. 301
28 Faciac Gas & Elec. Pacific Lighting Packard Motors Paramount Pennsylvania R.R. Phelps Dodge...
101
32+
211
29
9
401
10
10
NOTICE TO CONSIGNEES
OUFÁN STEAM SHIP CO., LTD.
281
414*
41
♪
8
123..
128 -
371
381
Trans
194
Phillips Petroleum Public Service of N.J.
523
531
37
37
Brooklyn-Manhattan
Pullman Inc.
$8 cum, pf. Case, J.L
68.
Pure Oll
17
160, 185
Radio Corpn. of Am. 8
124
Republic Steel
321
341
".
36+
Reynolds Tobac, “B” 49) St. Joseph Lead Co. Schenley Schenley 5% pr....
491
304 301
93 *# 93 *
Sears Roebuck....... 861
27
Shell Urilon Oll
18 19
Bocony VacuDIDA
24
231
Southern Cal Edison Southern Pacife
40
4T1
Southern 'Rly 5% pt. 43
43
"Stand Brands ........
12 B
12
6
Stand Gas & Elec.
Stand Gas & Elec.
$7 pl............ÿÿ. 39
371
Standard Off of N.J. 637
641
Sterling Products:`... 65+
841*
Swift Interriationá) 30
30
Technicolor 253
201
Texas Gulf sulphur 347
341
Tidewater Assoc. O1.16
181
Timken Detroit Axle 19 194
Transamerica
12} 127
20th Cent Fox Films 344
341
43.
43*
Un. Carbide & Car-
·bon ........
96%
982
Un. Pacific
133
130+
United Aircraft ......
241 251
Un. Airline Trans-
THE 8S "BENCRUACHAN
144 142
41 4
Corpo. $3
331 34
Un Gas Tprovem't 111⁄2
111
Chesapeake & Ohio 547. Chrysler Corp. 100 Columbia Gas & El 101- Columbia 6% "A" pt. 85 Commercial Credit 581 Commercial Solvents 134 Commonwealth & 8. 21 "Commonwealth -
cum. pf.
P
DS
491
'Consolidated Edison 32).
143
424
59+
51
Consolidated Ou Continental Onl Corn. Products Curtiss Wright (C.) Curtiss Weight. “A” 171⁄2 Delaware & Hudson 15 Del. Lackawanna &
Western Distillers Corpn Bea.
KIRKLA Douglas Aircraft
ed him, before relaxing the re- Du Pont
strictions" on
foreign issues, to Electric Boat
.
- ~ ⠀ ⠀ ⠀ ⠀ × × ⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀⠀⠀ *** *** * T** *****8***** ******⠀ ⠀ .⠀‡a‡ ⠀ ** t* *s*** a frie
1201
21
56
151
1541
9
take certain action in respect of Elec. Bond & Share 14. foreign borrowers who had de- Elec. Bond & Share faulted in the past, the Chan-
$5 pi... cellor of the Exchequer declined Elec. Bond & Share in the House of Commons to dis-
33 pf. M
501
6841, 63
cuss the suggestions, stating "I Elec Power & Light 151
do not contemplate any change of Elec Power & Light policy regarding foreign issues; therefore, the question does not. arise."
Washington, June 17. Hopes of an early settlement in
In the course of another an-
fen, Asphalt... the wide-spread steel strike are swer, relating to gold, Sir John
Gen. Cigar raised by the announcement that 8imon remarked: I am not dis-
Gen. Electric a" Federal Board has been ap- posed to accept the view Implied Gen. Foods pointed to mediate in the dispute. In the question that gold appears Gen. Motora
The Board will allempt to likely to lose its importance as a
Gen. Railway Signal mediate in all aspects of the dis- medium pute.
Reuter.
$7 pt............ 65 Firestone Tire & R. 32 Finikote.
..
281
50%
381
483
42
ex-
Gillette Safety Razor 22- Glidden
Gold Dust Goodrich (BF) .. 391 Goodrich $5 DL....... 77** Goodyear
39.
374
20th Cent. Fox Films"
pr.
port... United Corpn.
cuum pf.
United
Un. Light & power
"A"
V.B. Industrial Alco-
hol
US. Rubber
All broken, shafed, and damaged Goods are to be left in the Godawan, where they will be axamined on any Tuesdays and Fridays between the hours of 10.45 and Nock within the Free Storage period No Claims will be admitted after the Goods have left the Vessel's Godown, and all General Cargo remaining undelivered after 24th Jane, will be subject to Bent AD Claims against the Vessel must be presented to the Undersigned on or before the 8th July, 1837, or they will not be recognized,
No Fire Insurance will be effected.
BITTTERFIELD & SWIBE,
Agents. 17th June, 1987.
[
CONSIGNEES' NOTICE..
THE BEN LINE STEAMERS, LTD.
FROM LEITH, MIDDLESBRO', ANTWERP, LONDON AD STRAITS.
CONSIGNEES of Cargo are hereby
informed that all Goods are being
landed at their risk into the bazardous
and/or extra hazardons Godowns of
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO, LTD,
AND
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
NONSIGNEES par Co's Vescol
"TITAN
FROM GDYNIA VIA SINGAPORE are bereby notified that their Cargo will be discharged into Holt' Wharf, Kawicon, where it will He at Conaiguses risk and subject to Terma and Conditions of Storage at Holt's Wharf. The Cargo will be ready for Delivery from Godown on and after 18th June.
Optional Cargo will not be landed here unless Notice 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 bruken, ohafed and damaged Gooda are to be left in the Godowns, where they will be examined on any Tuesdays and: Fridays between the hours of 10,45 2, and Noor within the Free Storages (period.
No Claims will be admitted after the Goods have left the, Steamer's Godows and all Goods raining undelivered after the 22nd Jone, will be subject to Reat.
All Claims against the Steamer must be presented to the Undersigned on er before the 6th July, or they will not be recognised.
No Tire Insurance will be affected.
BUTTERFIELD & SWIRS.
Agents. 16th June, 1917.
NOTICE TO CONSIGNEES
OURAN STEAM SHIP CO., LTD.
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
TONSIGNEES per Co.'s Yeasel
"AUTOLYCUR?
FROM UNITED KINGDOM ABINGAPORE -
the Hong Kong and Kowloon Wharf are hereby notified that their Cargo 錢 and Godown Co., Ltd, whence and/or will be du charged into Hol
from the wharves Delivery may be Wharf, Kowloon, here in will lie obtained.
at Consignees risk and subject to
No Claims will be admitted after the Goods have left the Godowns and all Goods remaining undelivered after the 33rd June, 1937, will be subject to rent. 201
32
281
ug Rubber 38,pf., 851
651 57
841
US. Steel. 944 Vanadium
261
Warner Bros Pict... 121
131
Westinghouse Hec. 134
1368
Youngstown Sheet
371**& Tube ...... 77
798
Chase National BK. 481*·
491
National City Bank: 414"
427**
Call Money 1% 1%
* Bla
PHILIPPINE MINING NEWS
ANTAMOK GOLDFIELDS. Min-
All Claims against the steamer must be presented to the undersigned on or before the 7th, July, or they will not
be
recognized.
Terms and Conditions of Storage at Holt's Wharf The Cargs (will, be ready for Delivery from Godown on and after 16th June, 20
Optional Cargo will not be landed here anlose Notice has been given prior to Vessel' ; arrival, but cared of Iron port to port to the final port of KÚ to which the option extends,
All broken, chafed and damaged Goods are to be left in the Godowns, where they days between the hours of 10,45 4M. be examined on any Tuesdays and within the Free Storage period. All broken, chafed - and damaged No Claims will be admitted after the Goods are to be left in the Godowns Goods have left the Vessel's Godown. where they will be examined on the and all Goods remaining undelivered
Carmichael & Clarke,
comply with the General Bonded Warehouse Regulations, consignees must have & Revenue Officer in atten: dance when damaged dutiable goods are examined.
and Noor
after the
21st June 1937 at 9 am by Mesars. Etad June will be subject to
No Fire Insurance has been effected Bill of Lading will be countersigned by:
[6362
be presented to the Undersigned on or All Claims against the Vessel must before the 6th July, or they will not be reoogdeed,
of international change." The Board is composed of Mr.
The 'Chancellor was also asked Charles Taft, son of the late ex-to estimate the total of British President, Mr. Lloyd Garrison, short-term obligations to overseas former chairman of the National creditors in relation to gold avail- Labour Relations Board, and Ed-able as reserve against them. He ward McGrady. Assistant Secre-replied he was not in a position to tary of Labour.
give any formal estimate. "<From such evidence. as is available, Obviously when the chief world
however, I am satisfied that any buyer ceases to be
increase in our liabilities in the in the market, the value of this com- roughly 2,000,000 Whites
last six years, which includes the Who modity will fall and, therefore, have per capita about £8 or £7
increase in on Habillies to other
IXL MINING COMPANY WE LOXLEY & CO. (CHINA), LTD. No Fue Insurance will be affected. that former buyer will be facing in circulation in the shape of more than covered by the growth dividend of three centavos per 12 per cent payable on July 15, Hong Kong, 18th June, 1 87.
parts of the Empire, has been far las Company has declared a cath has declared a cash dividend of
Agenta.
BUTTERFIELD & SWIRE a depreciation which will force a South Africa notes. Against this in our reserves.”—-
Agenta great crisis in the United States. issue the South African Reserve British Wireless.
share, payable on July 15, 1937, to 1937, to stockholders of record as
15th June, 1987.
[5304 Such a crisis is both unnecessary Bank has no less than 200 per
stockholders of record as of June of June 30, 1937. The book of and unthinkable, as the United cent, cover in gold and bullion."
30, 1937. The books of the com- the company will be closed from States, through their increased Let the South African Govern-
pany will be closed from the even the evening of June 30 to the gold boldings, have re-established ment therefore take the bold currencies in the world at the ing of July 6, 1997, both dates in-
ing of June 30, 1937, to the morn-morning of July 6, 1937. MI
Paris, June 17. confidence in their country and step of calling, in all its paper nat rate of ET per ounce, for no clusive,
DEVELOPMENTS, INC., announ- It is understood that the Senate prosperity has returned, souff money and issuing its place a country would be so foolish as to
ocean the arrival of George B. Finance Cominities has agreed in What therefore would ensure sovereign containing the present devaluate its chief Reset The Ltd, has declared a cash dividend join their staff in a consulting ment's demand for special powers
DEMONSTRATION GOLD Mines, Dillingham, mining engineer, to principle to grant the Govern permanent stability and a con- day gold value of the pound note, result would be that England, the of 10 per cent payable on June 21, capacity Mr. Dillingham is to combat the French Anuncial tinuation of prosperity? A simple What would the result of this United States and France would 1937, to stockholders of record as graduate of the University of Crike solution is that the greatest pro-action be? (There are no technical speedily follow suit, and we should of June 15, 1957. The books of California, clasa of 1911, and has a Deuter. ducer of gold, namely Saith dimeuities which could not be have Gold Currency back again the company will be closed from wide experience in the United Africa, should make herself overcome).
me as in pre-War Iimes, state of cices of business on June 18, 1937. States and in South American the gold basis of the
World.
South Africa would in one arraire which makes for confidence to June 21, 1937, both dates in- Roger W. Clarke, president of from the emergency append
tions, Inc., is recovering into In Bouth Africa there are afroke have'stablished all the gold and stability.
alusive:
Developments and of Mine Opera-operation performed last Buriday.
FRENCH FINANCIAL CRISIS
EXPORT OF GOLD NOW FREE
nounced that the export
Amsterdam, Ju The Netherlands Bank
gold
In any quantity is now free/21 will be remembered that export of sold was prohibited on September 28 1938, the day on which the Gulden was draluated--- Tränanceüs News Barbica,