S.S. "BENMOHR"
ROTTERDAM,
Sailing for LONDON, ANTWERP, HAMBURG, HULL and LEITH
on or about the 9th August.
Cargo will also be accepted on through Bill
of Lading to the usual transhipment ports.'
Next Sailing for 'SHANGHAI & JAPAN
S.S. "BENCLEUCH"
S.S." BENNEVIS”.
Tel 22533
2nd Aug. 5th Aug.
For Freight and Fasange apply to:-
W. R. LOXLEY & CO., (CHINA) LTD.
York Building. Agente :..
THE BEN LINE STEAMERS, LTD.
URGENT!
SUMMER CLOTHING-ALL SORTS AND SIZES
will be gratefully received by the
HONGKONG BENEVOLENT SOCIETY
11, Ice House Street
on
Mondays & Thursdays
From 10:30 to 12:00 Noon.
50
Cents
LOCAL DIRECTORY
OF
HONG KONG
(Including List of Factories)
MID-SUMMER EDITION
COMPREHENSIVE & UP-TO-DATE
HANDY BOOK INVALUABLE
FOR BUSINESSMEN IN HONG KONG
NOW ON SALE
PRINTED AND PUBLISHED BY
HONG KONG DAILY PRESS, LTD.
Tel. 302513
MARINA HOUSE
3RD. FLOOR
15-18, QUEEN'S ROAD.
HONG KONG DAILY PRESS. WEDNESDAY, JULY 28, 1937.
MALAYA'S
TIMBER
TRADE
Forestry Director's
Favourable Report
World armaments and the con- sequent high of steel are helping the Malayan timber trade. In the FMS. alone the out-turn rose from 6,848.320 to 7,483,048 cuble feet last year-an increase of 23 per cent over 1935,
in
This is shown in the annual re- part of the Director of Forestry, 8.8. and Adviser on Forestry. Malay States, Mr. J. P. Mead,
Exports of Sawn timber and sleepers from the whole of Malaya totalled 18.508 tons (17.984 1935) and imports were 1941 tons (2,820).
There was a rise in the quantity of saw-logs imported, most for coriversion in the Singapore milis, from 129,353 to 132.661. of which £8,891 came adjacent Duter' ter- ritories.
י'
Mr. Mead declares that as far as Singapore mills are concerned Dutch territories are more favour- ably situated than our own forests by reason of continuous water communications between forest and saw-míli,
را
,
NEW YORK STOCK EXCHANGE
New York: July £7, -
(Through Renter'à Servies?,
QUOTATIONS
New York/London Cross-rate New York Cotton—Dec. New York Rubber-Sept. Chicago Wheat --Sept. Chicago Corn
-Sept. Silver--Official
1038/T
Last Today's High Low Clom Clow
-
Change"
4.97 487-19/18 13/16 up 11.07 10.19 11,13 10.00- 18.40.18.101648 1838) .10 off
117 114 118 991 98 101
High Low Dow Jones Averages 194.40 186.51 30 Industrials
* 84.48 50.17, 10 Baile
St off
D7
3 or
unchanged
July 24,
July 23,
184.85
185.15 183,79 184.45
30.05
30.65 101.77
65.95 04.71. 64.83 20.98 30.41 30.60
101.79 67.37
High Low Close Change .43 of *2% of unch
0% up
37,54 28.45 20 Utilities 105 89 99.54 40 Bonds
82.44 68.58 11 Commodity Index unquoted
Last Bals
Stocki Adama Express
Allis Chalmers Amer. Can âm on 2 Foundry Amer. Cyanamid
Amer. & For. Power Amer. & For. #7 pr. Amer. Locomotive
Amer. Metals. Amer. Radiator..... Amer, Rolling Mill.. Amer. Smelting
Amer. Steel Pdries.. Amer. Sugar
July 24 25
101
897.
107
33 10
561 475
52
221 37
941
薙茄子
211
573
303 15
261
954
33
25
Amer. Tel. & Tel... 172 Amer. Tobacco "B" 82 Amer. Waterworks But this adverse balance will "Anaconda Copper.... be gradually, reduced with
the
Atchison, T. &. Fe. 84 development of up-country saw- Atlantic Refining milling.
Atlas Corpn....... The Director complains of a Anburn Motors 19 10 per cent. increase imposed Baldwin Locomotive early in the year in ocean freight $7 cum pf....... 84" rates on timber from Malaya while
Baltimore & Ohio... 28% the rates from Borneo and the
"Barnsdall O Philippines remained unchanged Bendix Aviation until July, when the Philippines' Bethlehem Steel rate was actually reduced by Boeing Airplane about 6 per cent. The effect was Borden Co. shown in the trade with the Briggs United Kingdom, which showed a Brooklyn-Manhattan progressive increase in the first Trans six months of the year (when exports were more than double those for the corresponding period in 1935), but during the second half-year there was a sharp decline, amounting during“ the last quarter to no less than 55 per cent-entirely due to the freight anomalies;
|
Mfacturing *131*
107
1721
821
Business Done?-900,000 shares.
Stocks
Last Sale July 24 25
Great Northern Rly, 517 Great Western Bugat 358. 35 Holly Sugar" Compa
Humble O
Int. Nickel
81
642
Int. Tel. & Tel..... 124 12 Int. Dept Stores 101 197 Kennecott Copper 674 Lambert Corpn. -12 13 'Loew's Inc.
82# 82)
Lorillard
**
22
22
"
442
101
34
21
Mcintyre Porcupine McKesson & Robbins, 443* Monsanto Chemical 1024 Montgomery Ward €44 631 Murray Corpn. ................ · 104* 10 Nàt Cash Registor 347 Nat Dairy Products 21 Nat Distillers 193 30 Nat Power & Light · 11j 114 New York Central... 424 Niagara Hudson P.
Corpn..... North American. Northern Paciic. Pacific Gas & Fac. 33 . Pacific Lighting
Packard Motors ......
Paramount.... Pennsylvania R.R. Phelps Dodge
Phillips Petroleum
Public Service of N.J. 445 Pullman Inc.
411
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings
Priedení. Lived frequens millega und: thehr Wulon' staparse pelvikens allow you SERVES JUNG BRAqtly as you choom, And Dollar Stomanip Lines and American Mis Line worktrida odiori tot særste sze, mantined to sETTE YOU Labors in whatever pisos you chance to beur. Make your next trip more enjoyable, travelling **The Prickimi Ling way?
Jaa
TO BAN FRANCISCO NEW YORK AND BOSTON.
Via Shanghai, Kobe, Yokohama, Honolulu. San Francisco, Panama Canal and BavaNS. „Fres, Taft Müight Adg. 10th Fr. Hoover Noch Aug. 21st Pres. Lincoln Maight Sept 7th Pres. Coolidge, Noon Sept. 18th Fres, Wilson 6 am. Oct. 8 Pres. Hoover Noon Oct. 16th
EUROPE, NEW YORK
了
TO SEATTLE, VECTORIA "THE EXPRESS ROUTI”.
Via Shanghai, Kobe and
Yokohama
Fres Tackron M'aight July 30th Pres. Jafferson M'high5 Ang. 13th Pres, McKinlay M'night Ang. 17th Fros. Grant M'night Sept. 10th Pres. Jackson Might Sept. 24th Pres. Jefferson M'aight Oct. 8th
MANILA
... THE MOST FREQUENT.
SERVICE
Via Manila, Singapore, Penang, Colembo, Bombay, Suez Cana,
Next Sailings Naples, Genes and Marseilles, Pres Harrison 8am. Aug. 1at Pres. Harrison 8.m: Aug, 1st, Pres. Polk
M'night Aug. 3rd 8am. Aug. 15th Free. Taft Free, Fierce 8am. Aug. 29th Pres. Jefferson 6 p.m. Aug. 7th Prea. Van Buren 8 am, Sept. 12th Pres. Hoover
Aug 13th Pres. Garfield B.m. Rept. 26th Pres. Polk
8am. Ang. 15th Pres. Bayes Ram. Oct 10th Prex. McKinley 6 p.m. Aug. 21st
MOST FREQUENT BERTICE ON THE PACIFICĂ.
·
DOLLAR STEAMSHIP. LINES AMERICAN • MAIL • LINE *
EDDEN HULELE BÓNG LOSE,
DANTON BRANCH -2), FAINOK CONTISSION, ANLASEERN.
BURNS PHILPLINE "NEPTUNA" Due 4th Ang
14
297 29
304
334
T
451*
451
91
180
155
194
M.V.
831
631
44
Pare 011
211
20+
Radio Corph of Am.
时
111
Republic Steel........ 39#
301 .
Reynolds Tobac. "B" 37 37
3T.
751
St. Joseph Lead Co. Schenley Schenley 1% pl... 04 Sears Roebuck
514 521
...94
947
29.
273
217 214
25
60
Brooklyn-Manhattan s6 cum, pf........... Case. JI... 181 Canadian Pacific".... 111 Celanese Corpn. of
America Cerro de Pasco CertainTeed Pducts Chesapeake Corpn. 754 Chesapeake & Ohio 521 Chrysler Corpn....... 1131 115 Columbia Gïs” di M. 13j Columbia 6% "A" D. 90 Commercial Credit Bit Commercial Solventa 144 Commonwealth & B
31 Commonwealth $6
487
.
**** 5 * * * * *7 ± ¶E¤ã¤ ̃...¶6 *** **** • 187 €* @79788** 17:25*In a od817 0 1ð • - *¤×17 * TES
cum. pla 59 Consolidated Edison 41. Consolidated Onl *16 Continental Ou Com. Products ... 62 Curtiss Wright" (0.) T Curtiss Weight: "A" 201 Delaware & Hudson 167. Del. Lackawanna &
Western
1412 141 Distillers Corpn. Bea."
grams
"In view of the fact that the rates in force for these three countries prior to the readjust- ments were regarded by the re cent Trade Commission as con- forming with the accepted prin- ciple of parity," Mr. Mead pro- tests, it is difficult to understand the new discriminatory rates, | which put Malaya at a great dis- advantage with her more favour ably situated competitors."
He states, that local mills have vastly improved their efficiency and output by the care given to them by the Forest Engineer and Forest Officer in Singapore The millers are now beginning" to realise the value of seasoning and grading, with the result that they are able to satisfy the require- Douglas Aircraft ments of more exacting local Du Pont purchasers, to whom Malayan Electric Boat timbers were formerly rightly Flee: Band & Share 211 suspect.
Elec. Bond & Bháre
35 pf. Elec. Bond & Share
36 pf.............
A warning against ambitious and expensive saw-mill ventures (miscalled "permanent" mills) goes with this statement.
GERMAN COLONISTS
IN PALESTINE
Jerusalem, July 27. Arab papers here report that German colonists in that part of Palestine, which, according to the Peel Plan would form the Jewish State, have bought land in Lebanon, and will change their residences to there, in the event of the Palestine Partitioning Plan becoming a reality,
In contradiction to this, the Ger- mari Colonists have authorised the statement that they have no intention of leaving their present. homes, even in the event of their country becoming dominated by Jews. The place where they now live is
a heritage of three Gepers tions of German blood. Erungberan "Remi Service.
PALESTINE ORDER
London, July 28. In a Commons reply the Co. lonial Secretary, Mr. Ormsby Gore) said the Government of Palestine with the assistance of the military authorities was ing close watch on the and he was confident tha cessary measures
to check any agitation
government 01
223
53+
164 183
101
651* 681
75
Shell Union On Socony-Vacuum Southern Cal Edison 26.
ཧཱུྃ༞ཨཽ,ཚོཚོཨྰཿཀྰཚོnd, ཙོཎྜཏྤཀྐནཐབྷིཀྑཙ, aབྷིནྡཨཱཝནྟུབྷུ བྷོ ནཱམབྷ, བྷོདྷནིཊྛཔྤབྷཱབྷཏྟམྦན ཙཊོཊཚོཝོསཤོད ཙ ནེེཊྛཱདྷ ཚར བྷར ༤ བྷནིཊྛརོགྷོའོ
Southern Pacific... 504491
Southern Hy 5% pf. 164", 471
Stand Brande ... 127. 124
Stand Gas & Elec. 睡 92 Stand Gas & Elec.
International 28
United Aircraft... Un.. Airline....... Trans-
port
United Corpn.
Un. Gas Tprovem't 14-
401
Sailing Monday, 9th Ang.
for Saigon, Manila, Sandakan, Salamana, Rabaul, Sydney & Melbourne.
First Class Fare io Sydneys'
Single: £47.10.0d, Return: £76,-0-0,
Passenger & Freight Agents
GIBB, LIVINGSTON & CO., LTD.
hone No: 28031.
F.&O. Building.
Nippon Yusen Kaisha
King's Building.
50%.
$7 pf.MENELADAT
$4.54
Standard Ol of N.J. 72 714 Sterling, Products 63 * 631
*Swift
28
Technicolor 648
Texas Gulf Sulphur 394
40
T
Tidewater Assoc. 011 - 201
201
Timken-Detroit Axle 241
24
PASSENGER & FREIGHT SERVICE TO AUSTRALIA
Transamerica" Denis 134
131
20th Cent. Fox Flims: 37 * 374
'20th Cent Fox Films
pt.
454* - 463
Un. Carbide & Car-
bon ............... 102
1011
Un. Paciáci. 1313
1311
291
201
17
171
United Corpn.". $3
401
Un. Light -& power
Joint Pa
71
30 31
U.S. Industrial Alco-
814 33%
35. 36.*
U.8. Rubber
801 601
50
US Rubber $8 p. 93
381
117
30
291
141
146
Westinghopie Fec. 156
155
NAVAL AGREEMENT PASSES LORDS
& Tube
கும். 1834-914
Chase National EL. 525°
52
National City Bank 473* -4771*
Call Money
1%
1%
Bid
FAVOURABLE TRADE REPORT FROM CANADA
Elec Power & Light -231 Mec Power & Light
t7 pf.
Firestone Tire & R.
intköte
Gen Asphalt
Gen. Olgar Gen. Electric Gen. Foods.... Gen. Motors Gen. Railway Bigna! 44!* Gillette Safety, Hazor Glidden Gold Dust............
381 Goodrich (BF) .. Goodrich 85 på 701 Goodrear
44+
42
bol
UA, Steel'
Vanadium
Warner Beden Plet
Youngstown Sheet
Agents
London, July 27..
The Naval agreement was DRM”. ed in the House of Lords in the second reading on Monday. The Government representative in the House of Lords, "Lord Stanhope ex- plained the principles of the new agreement regarding the relative strengths of the British and Ger- man fleets and stated that the Co- vernment attached utmost impor- cance to this supplementary agree-
The Canadian News Letter, com- where Canadian honey la much piled by the Trade Dept. of Ottawa appreciated on account of it'a give a most favourable account of delicious dayout and haga quality. ment. Canadian Trade prospects.VA Canada" also exports a good deal Exports of leather goods, such as in the way of pickles and special footwear, are trebled and imports
The agreed division into obsolete sauces such as catsup. All this and modern ships on the English of footwear of, a different type have benefits the farmers, principle was a valuable conces
conciliators birit shown by
CONSIGNEE" NOTICES.
SERVICES CONTRACTUELS DES MESSAGERIES MARÍTIMES
CONSIGNEE NOTICE,
23. " JEAN LABORDE”
BRINGING CARGO To MARSEILLES, via port etc..
ARRIVED HONG KONG * TEL
"DAY, THE 33RD JULY, 1987)
NONEIGNTES 300 hereby informed Warts their food with the erreption of Opium, Treasure And Valuables aig being landed and stored into the Gos downs of Hong Kong Kowloon Wharf. & Golawn Co., Ltd, Kowloon, whence
after landing
also greatly increased with benent To Judge by the latest Ottawason, and proof of the friendly and delivery may be obtained immediately to trade generally. The beekeep-reports it can be seen that farmers ing Industry is in a most saisisc. have had a good season and that tory condition as the demand for trade is on the ? Prairie honey is on the increase
Last year the beekeeping season was the best ever recorded. This Industry ő is fa- sidelina of most- Canadian farm and from reports sentin
£1,000,000LOAN
Kaly 28
Bir
cellor
Gore
ounds
London
of the Com-
many Lord Stanhope said that he all Elias must be vent in to me th attached importance to stating or before the 3rd Aug, 1987, or they Mir publicly 45 de
will not be rocksized Damaged Packages Answering questions as to the by the Company - Japaness plans, Lord Stanhope ad- Goddard & Douglas mitted that the communication of the Consignor Tupent her intention to tulis day, be sur
:40 cm guns had compelled the Bri-
that the loan tish Government to contemplats artly to be taking the same course of actio arket by but it was still hoped matat has the eleventh hour the
aty's ernment would char
tuh Warelem,
Transocean Nowi