HAMBURG-AMERIKA LINIE
Far Eastern Mall, Passenger & Freight Service
Through hookings to America via Europe and Burope via America. Bookings around" the world. →
Through bookings to London.
"OUTWARD SAILINGS 11. " NORDMARK "...for Shanghai, Dairen, Taku, Yhama
Kobo, Osaka
terve
7th July my. "ERMLAND... for Shanghai, Dairen, Taku, Tringtao,
Osaka, Yokohama, Nagora......15th July ... "NICFTO DE LARRINAGA"...for Shanghai... 18th July
HOMEWARD SAILINGS
X
+ m.v. "KULMERLAND ”.....for Genos, R'dam., H'burg...... 11th Aug. * m.v. "DUISBURG"...... for Genos, R'dam, Bambury 28th Aug. 1. "OLDENBURG"...... for Antwerp, R'dam., B'barg.... 10th Sept. + Passenger. Vossel Limited Faisenger Accommodation,
For further particulars and passage fares, etc. dpply tę :-- HAMBURG-AMERIKA LINIE
JEBSEN & CO., AGENTS.
12, Pedder Street, Tel. 29363, CANTON AGENTS: CARLOWITZ & CO., Shakse Road.
VISIT BALI AND JAVA
Special Found Trip Fares 1st Class Hong Kong Batavia
Hong
Kong
H3350.
Hong Kong-Ball-Java-Hong Kong
H$450.
THANSPORTATION ONLY
H$915
INCLUDING TRANSPORTATION, MAINTENANCE & TOURS "ABHORK
Hong Kong
A
CHINA
JAPA
LIJN
MACRS
SAST
Manila Hong Kong H$135.
NEXT SAILINGS-
TO BATAVIA DIRECT s.s. 'TJISARQEA' 18th July, 11 a.m.
Tender Blake Play 10.00a.m. Tunder Police Plar 10.16 am. TO MANILA, CFBU, MAKASSAR. BALI & SOERARAIA 5.9. "TJIBADAK" 6th July, 10 am.
Tender Blake Pier 1,00 am. Tender Police Pier 9.15 am, TO AMOY & SHANGHAI S.S. "TJISADANE" 8th July For further information apply:
ti
Java China Japan Line, Canton H. Nolasco da Silva, Esq., Macao JAVA-CHINA-JAPAN LINE York Building
Tel. 28015.
MODERN:
EXPRESS SERVICE
LINE
MAERSK
LINE
Fast regular FREIGHT and PASSENGER-SERVICE
via.i
"Shanghai, and Japan
to
LOS ANGELES, PANAMA, NEW YORK, BOSTON, PHILADELPHIA & BALTIMORE.
If sufficient inducement offers also other ports of call,
Arrivals from UB.A.
M.V. "KIEL MAERSK”
15th July
29th July
M.V. "MARCHEN MAERSK"... M.
ANNA MARRSK"
Sailings to U.S.A. 27th July 5th Aug. 27th Aug.
All dates are subject to alteration without notice.)› EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE RATES.
For Freight and Passage please applyi—
JEBSEN & CO.
Canton, Shampon, B.C.-/ Tel 10918,
Agents, Hong Kong, Pedder Building
Tel. 28383,
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.
“BENMOHR ”
For Freight and Fassage apply to:-
W. R. LOXLEY & CO., (CHINA) LTD.
York Building
12th July.
Agents :
THE BEN LINE STEAMERS, LTD.
HONG KONG DAILY PRESS, TUESDAY, JULY 6, 19′′,
FREEING WORLD
TRADE
PROPOSED LEAGUE
INQUIRY
The present state of internation- al economic relations and the mea- sures likely to encourage the sen- eral economic recovery are "under examination by the Economic Committee of the League of Na- tions with a view to a report in continuation of that issued by it at the close of its previous session. A general discussion has been in progress having for its ultimate purpose an inquiry on Unes parallel to the economic inquiry which 15 being undertaken by M. van Zee- land.. the Belgian Prime Minister. at the request of the British and French Governments-namely, the effect on international trade and finance of barriers such as tariffs, quotas, and exchange restrictions, and the appropriate means for re- establishing order in international trade. The scope and extent of the inquiry are such that the Committee seems unlikely to at- tempt a comprehensive report at the close of the present session, and it will be left to a special com- mittee to undertake a more detail- ed examination so that recom- mendations may be made in the autumn. The chairman of the Committee is Sir. Frederick Leith Ross, France is represented by M. Elbel, and the United States by Mr. Grady.
The general discussion has re- vealed a wide measure of agree- ment. Though the improvement in the economic situation con- tinues. It is noted that this has not yet led to any material increase In consumption, and in a number of States there has been no ap- preciable decrease in unemploy- ment, which is everywhere exces- sive. The Improvement is greater In the countries that are pursuing the more liberal policies in tariffs and quotas. In spite of the main- tenance of these obstacles, the abolition of which is the more dlincult because they have tended become the instruments of national policy. there is a marked improvement 1 international trade.
to
白
NEW YORK STOCK EXCHANGE
Now York: July
(Through Renter's Service)
QUOTATIONS
-New York/London Cross-rata
New York Cotton-July Deat New York Rubber-July Chicago Wheat -July Chicago Wheat --Sopt. Chicago Corn Bly Silvar Oficial
1936/7
Change
08 up 06 17.
Last
·Today' High Low Close Close
~~"4,93-11/16 491 1-8/18 up 12.19 11.85 12.04 1.19 1216 11.37 1200 12:18 19.95 19.34 19.98 19,63 1961 110 110 1261 125
1208 190 1956 128 124 124 128
High Low Dow Jones Averages 1940 166.71 50 Endustrials
84.46 60.17 20 Rails
37.54 20.45 20 Utilities
105 89 99.54 40 Bonds
82.44 55.58 11 Commodity Index 70,76
60
ין
16
Lust Sale Stocks
June 30 July 1 Adama Express Ver 181 Allis Chalmers Amer, Gan Am. Car & Foundry Amer. Cyanamid Amer. For. Power Amer. & For. $7 pl. 49 Amer. Locomotive
39 Amer. Metals
451 0473 Amer. Radiator
..... 19 Amer, Rolling Mill.. Amer. Smelting Amer. Steel "áriča. Amer. Bugas
46 Amer. Tel & Tel... 1863 Amer, Tobacco "B", 761 Amer. Waterworks Anaconda Copper 531 Atchison, T. & 8. T. 761 762 Atlantie Refining ... 28 281 Atlas Corpn.
15+ Auburn Motors 151
151 Baldwin Locomotive
#7 cum. pf. Baltimore & Ohla... 201 Barnsdall On Bendix Aviation Bethlehem Steel
Barden Co................... Boeing Airplane
Briggs Mfacturing 401 Brooklyn-Manhattan
Trans
Brooklyn-Manhattan
76
י
13
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings
President Liners frequme sellings and their unique stopover privijeras allow you to travel juni #sofly så you choose. And Delfur Steamship Linne and American Mull Line worldwide offices and agents are maintained to serve you, sebare is whatever plače 100 chance to be. Make your next trip mare injoyable, travelling?"The President Line way,"
„TO SAN FRANCISCO
· NEW YORK AND BOSTON
Fix Shanghai, Kobe, Yokobama. Honolulu, San Francisco, Panama
TOʻSEATTLE, VICTORIA "THE EXPRESS ROUTE"
Via Shanghai, Kobe and
Yokohama
Canal and Havana. No se Prea, Cleveland M'aight July 18th Pros. Grant M'night July 18th, Pres. Coolidge Noon Joy 24th Pres. Jackson M'night July 30th Pres aft M'aight Aug. 10th Pres. Jefferson M'night Aug 13th Pres. Hoover Norn Aug. 21 Pro, McKinley M'night Aug. 27th Pres. Lincoln M'night Sept. 7th Fra. Grant M'night Sept. 10th Pro. Coolidge Noon Sept. 18th Pres, Jackson M'night Sept. 24th
EUROPE, NEW YORK
Via Manila, Singapore, Fenang, Colombo Bombay, Suez Canal, Naples, Genoa, and Marselles, Pres. Adams
MANILA
THE MOST FREQUENT SERVICE
Next Sallings
8am. July 18th Fron. Cleveland M'night July Cth Prea, Harrison 8am. Ang at Pres. Grant 6 p.m. July 10th Aam. Aug. 16th Pres. Coolidge Ppm July 18th 8 km. Aug. 29th | Pres.. Adama " Bam. July 18th. Pres. Van Buren 8 a.m. Sept. 19th Pres. Jackson 6p.m.. July 24th Pres. Garfield Am. Sept. 26th Prea Harrison. 8o.m. Aug. 186
MOST FREQÜENT SERVICE ON THE PACIFia'
DOLLAR STEAMSHIP. LINES * AMERICAN MAIL LINE*
FIDDER ·BUILDING-BONG KONG
CANTON BRANCH —3], FRENCH CONCREATON, SILA SCEUM.
MAERSK LINE
NOTICE TO CONSIGNELS
THE MY
39 up
71
up
4 up
st up
unchanged
June 30 High Low Close
July i
169.3% 171.98 168.13 170.13 D1.38 5188 5195 01.48 26.31 26.71 18.26 265) 99.95
100.01 7231 Business Done:-670,000 shares.
Change:
.61 op :13 up
19 up 36 up 1.15 up
61
Stock Great Northern Rly 481- Great Western Bugat `354
Last Sale Jane 30 July 1
381
351
98
951
Holly Bugar Corpo.
Humble Oti ....................
76
7711
301 of
301
Int. Nickel aas
577
58
Int. Tel & Tel
101
101
492
Int. Dept Stores
18
18
39
Kennecott Copper
60
69t
Lambert Corpa. ......
Pres. Polk
-12
121
10 34/ 341 83+
48
1651
77
17
-171
53.
161
781
26+
Loew's Inc. ing. 754- Lorillard Mcintyre Porcupine McKesson & Robbins 43. Monsanto. Chemical as Montkomery Ward."541 Murray Corp. Nat Cash Registor - 32 Nat Dairy Products 181 Nat Distillers 281 Nat Power & Light” si New York Central . Niagara Hudson P.
Corpn. North American ........... Northern Pacific
Pres. Fierce
75+
203
201
423
90
101
101*
10
28+
98
301
361
111
112
CONSIGNEE "NOTICES,
221-
231
271
28
244
251
Pacific Gas & Elec. 201
29
Pacific Lighting
41
41
84
85
Packard Motors
Bj
81
201
287
Paramount
1241* 131
234
231
Pennsylvania R‚R”
~.36
38
391
Phelps Dodge ................. Phillips Petroleum Public Service of NJ 36
541
552
39
Pullman Inc.
69
Pure Orna
181**
160
* *
101
121
121
Radio Corpin of Am. Republic Steel ....................... Reynolds Tobac, "B" 35
81
35
191 BI 351 33*
387
651
St. Joseph Lead Co. Schenley
49
Schenley 61% pt.
62
53
950'
Sears Roebuck Shell Unton Off ..... Bocony-Vacuum
·271
934 93. 88 88
271
191
20
11.
Southern Cal Edison 237 Southern Pacifc
43
.481
331 33
15
151
432
45
021
67.
177
151
130
LANTA
212
214
Southern Rly 5% pl. 403 Starid Brands Stand Gas & Elec. Stand Gas & Elec.
$7 pi...
**** 40% 40 Standard Oll of N. 831
631 Sterling Products 841 631 Swift - International 29
281 Technicolor germa 587 591. Texas Gulf Bulphur 35 351 Tidewater Assoc. Oll 167 ∙17 Timken-Detroit Aźle 204 201 Transamerica
ML13 20th Cent, Fox Flims 32 20th Cent. Für Films
pf.
431 404
1112
61
13
321
No Insurance will be affected,
397
40*
67 50+
153
153
Un. Carbide & Car-
Bon
991
100
Hong Kong, lat July, 1937
94.
Un. Pacific
123
122
154
151
United Aircraft.
2611
27
Un. Airline Trans-
port
157
United Corp. ******
4
44
United Corpa,
381
36
68.
271*
344
349
527
521
· 38 ·
497
Vanadium
Un. Gas Fprovemt 117 124 Un. Light & power:
HAR U.S. Industrial Alco-
hol
-30 .20-* U.S. Rubber 567 664 US Rubber # pl. 891 901 CA. Steel
1001 27
5+
99μ
20
45
641
$8" cum, pf. . 681 Care. J.L "Canadian Pacide Celanese Corpn. of
America
381 Cerro de Pasco ...... CertainTeed P'ducts Chesapeake Corpn. 62. Chesapeake & Ohlo 52 Chrysler Corpn. 971- Columbia Gas & El. 111 Columbia 6% "A" p. 82 Commercial
Credit 581 Commercial Solvents Commonwealth & 8.
13 131 Commonwealth $6
21 21
cum. pf. Consolidated Edison, Consolidated, of Continental Of
ARMS EXPENDITURE It has also been noted that vast expenditure on armaments has created a strong demand for cer- tain classes of commodities, both raw materials and manufactured or partly manufactured "articles, and to this extent employment has Increased. But it is agreed that the increase in the manufacture of armaments cannot take the place of trade between countries as factor in recovery. Its immediate economic advantages are evident; what is less evident is the extent to which whole branches of econo- mic activity are paralysed owing to the political insecurity which is at once the cause and the conse- quence of the race in armaments. In view of the revival of produc- tion It is thought both possible. and desirable that the
normal | Douglas Aircraft channels of international trade Du Pont should be rendered more free in Electric Boat ......... order that the present Impulse Elec. Bond & Share may be strengthened and main- Elec. Bond & Share tained. Within the Committee the view is held that the same prin- ciples should apply to the gold problem; the practice of applying artificial restrictions to the move- ment of gold is strongly condem- ned.
Corn. Products....... Curtis Wright (C.)
614 Curtiss Weight "A" Delaware & Hudson 15
174
Deli Lackawanna &
Western
**** 129 Distillers Corpa Sea.
Elec. Bond & Share
36 pr.
*** ******* „**£***** *** ***¤ 7 og¤ 17 b*8-882 ̃ €8798′′ER & FICCE & TE • È TEEN • THE
59
58
68.
Elec Power & Light 17 177 Elec Power & Light
$7 pf.......... 657" Firestone Tire & R
49
79.
38
109
"NIEL MAERSK " having, arrived from New York and Ports of call. Consignees of Cargo are hereby notified that their goods are being landed and placed at their riak into the Hong Kong and Kowloon Wharf de Godown Company's godowns at Kow. loon, where delivery may be obtained as soon as the goods are landed.
Optional cargo will not be landed here, unless notice has been given 48 hours prior to vessel's arrival,, but carried on from port to port to the final
extende.
24t of call to which the option No Claims will be admitted, after the Goods have left the Godowas, and all Goods remaining undelivered after the 8th July, 1987, will be subject to Konta
Warner Bros Pict 121 121 Westinghouse ec. 143 142 Youngstown Sheet
422
& Tube
Chase National Br: 481′′ National City Bank 425
Call Money playba
82 83
47€ 43P A1%
Bla
ITALY AND HER OIL SUPPLIES
Large Scale Plans
All broken, chafed, and damaged Goods are to be left, in the Godowns, where they will be examined on 7th July, 1937, at 10 am, by our Surveyors Capt. Walter C. Weston.
To comply with the General Bonded Warehouse Regalations consignees must have a Beyenue Officer in attend- ance when damaged dutiable goods are examined.
¿All claims.
resob
wa before the
1st Aug., 1987, or they, will not be recognised
CONSIGNEE NOTICES.
NORDDEUTSCHER LLOYD BREMEN.
T
THE Steamer
"ISAR"
having arved from BREMEN, HAMBURG sad Poria, Consignees of Cargo are bereby notified that their cargo is being landed at their risk into the Godowns of The Hong Kong & Kowloom Wharf and Godown Ca, Lid, Kowloon, where delivery can be obtained.
All goods remaining undelivered after the 10th July, 1937, will be subject to rent.
NO FIRE INSURANCE will be affected by us in any case whatever.
Damaged packages must be left in the godown for examination by the con guzes and the Company's surveyors, Memo. Anderson & Asho, at 10 p.m. the 9th July 1947.0.0.
Oncares must have a Heyenues in attendance when damaged dutiable goode are examined by the Company's surveyors.
No claim will be admitted after the gcods have left the godown and all claims must be presented within Twe Weeks of the ship'e arrival here, after which date they will not be recognised.
Consignees are requested to surrender their Bill of Lading to the undersigned for countersignature,
MELCHIORS & CO.- per pineagenta: NORDDEUTSCHEN LLOYD, BERMER,
Bills of Lading will be countersigned by Hong Kong, 3rd July, 1987,
JEBSEN & CO, A
OYSTERS BY
[5397
THE MILLION
Tank-Reared ‘Natives'
"Native" oysters may soon be reared on a commercial scale in- tanks. This is the verdict of ex- perts of the Ministry of Agriculture and Fisheries after 17 years of experiments with tanks at Conway in North Wales, and more recently at Lympstone, Devon,
A summary report covering the
COMPAGNIE DES
*(5408
MESSAGERIES MARITIMES
UONSIGNEE SÖTIUR.
98. WIN*** 8°50/37.
BRINGING CARGO Facм DUNKIEK via porta, eko..
ARIT HONG KONG on TUES- DAY; THT 2011 JUNE, 1987,
NONSIGNEES are hereby informed that their goods with the exception of Opium, Tressure and Valuables Are being landed & stored Thto the godownd of the Hong Kong Kowloon Wharf and Godown Oct, EldeKowloon, whenom
delivery may be obtained inmediator
£ landing, an
must be sent in to me on
or before the 18th July, 1937, or they
Damaged Packager will be ers
whole period of Investigation, re- All cords the biggest "spatfall? (Bettle- ment of oyster larvae) ever experts will not be recognised enced in the Conway tanks. Special tiles are provided for the
The Toogle future oysters to settle on, these the Comp files being transferred to open Mondry, the hit Jui covering cage, within a few weeks goods are examined by water, with the protection of a Oficer in attendance has any datiable Conngnees must have a Bevine. of settlem
the Company's Fire Insurance will be afte by JOBARD GAPANY
The Oslo experiment has greatly Flintkote....... 27 impreaded the Committee, which' | (Hen, Asphalt readily "endorsed the declaration Gen. Olgar: made by M. Hirschfeld..on behalf Gen. Electric of the Dutch Government that Gen. Foods the agreement might be regarded Gen. Motor na 491 as a first step towards a lowering Gen. Railway Signal 45 of economic barriers and that the omlette Safety Razor action thus taken would have still | Glidden better resulta if it received support Gold Dust indien from other Governments. The Goodrich (BF) success thus obtained suggested Goodrich $5 p.
1070 391 that further action, either grafted Goodger on to the Oslo agreements or parallel to them, when conducted In a satisfactory atmosphere be tween the representatives of a few countries, could produce practical results in relatively little time. It was remarked that should ar agreement not be possible between
Besides petrol, both for aviation Individual countries the reduction
and motor trafie, lubricating oils of trade barriers might be sought
Particulars are now available of paradin and other substances, in
heavy oil for Diesel engines, not in a world economie confer the hydrogeneration of liquid fuel. ence but in regional agreements.. which it is proposed to undertake
cluding asphalt, will be produced. The triparte monetary agree on a large scale in Italy with the The Bari plant will be exclusive its stated that at a stage when Hong Kong, 29th June, 1937. ment between Great Britain, object of rendering the country ly used for the Albanian crude offsettlement had already begun there France, and the United States, to self-sufficient as regards petrol from the Italian concession at were still 50,000 000 fully developed which Holland, Belgium, and Swit supplies. zerland already adhere was also of the two large plants now be drilled, and their number, if neces-The report expresses the beller an
Delvoll, where 100 wells have been live in the tank examined, notably as a basis for ing bullt at Leghorn and Bar, the sary, will be increa
importation. He considered that promoting more, normal conditions latter, which covers about 128 pipe, 75 liometres long, has been organiams needed by young oysters ber
Teased An pl that the presence of the food English industry
preciable expansion in monetary polley and lo trade acres, is almost complete, and it is laid from the mountains to the can now be secured and controlled. between countries. Whether the expected to be in working order coat, three countries, could abolish by the end of the
that the question of and that, given this control, the tries have
Resear workers quotas first among themselves and stated that, 200
sfactorily then in conjunctio
settlement of oyster larvae in large compa with the other banian-crude off trading countries, and whether a be treated by the paw
Anglo-Peraian Oil ComparY
cally certhe Eng The reason for this re to their lead fight then given to a that the yield of refined petrol wil
tally worked a conces search is that the general stabilization, are matters reach about 80 per cent almo
neighbourhood until set to be discussed.
about six years ago, when the tests from foreign
"native" double that from
were abandoned.
ear. It
of Al
nites, willThe
proces
estimate the total
While no attempt made to
number oysters which settled on the tiles,
the
In view of the
of tank
(6898