HAMBURG-AMERIKA LINIE
Far Eastern Mail, Passenger & Freight Service
11
Through bookings to America via Europe and Burope via America. Bookings around the world. -- Through bookings tà London,
OUTWARD SAILINGS *m.x.“ DUISBURG". for Dairen, Tringtas, Y'hama, Nagoya,
Kobe, Osařs..."
.......... Sist Jan. - *T. "SAUERLAND"...for Tsingtao, Chelco, Dairen, Taku,
Kobe, V'hama, Nagoya, Kobe... Ist Fab.
■i, “VOGTLAND" ...for Shanghai, Yhams., Kobe, Dairen,
17th Feb.
HOMEWARD SAILINGS
...
*** MECKLENBURG" for Mars, Rotterdam, 'burg... 2nd Feb. *** NORD MARK” for M'Tes., Antwerp, R'dam., H'burg 14th Feb.
· m.v. * DUISBURG”..... for Genoa, R'dam,, Hamburg...................22nd Feb. * Freighter with Passenger Accommodation. -
For further particulars and passage fares, etc, apply to
HAMBURG-AMERIKA LINIE
JEBSEN & - 00., AuxxTÉ, 12, Pedder Street, Tel. 28363.
CANTON AGENTS: CARLOWITZ & CO., Blakee Road,"
LINE
I
P
MAERSK LINE
Fast regular FREIGHT and PASSENGER SERVICE
Tia
SHANGHAI and JAPAN
to
HONG KONG DAILY PRESS, THURSDAY, JANUARY 27, 1938.
TRADE RECORDS
BROKEN
Figures Tell The Story
(Continued from Page 3)
Of the total declared imports of merchandise into the Colony during the year 1937, China accounted for 34.2 per cent, as com- pared with. 33.6 per cent. In 1936; United Kingdom 16 per cent, as compared with 6.4 per cont; U.S.A. 8.4 per cent, as compared with 7.1 per cent.; French Indo-China 6:6 per cent. ss compared with 5.7 per cent; Australia 2.2 per cent, as compared with 50 per cont. Belgium 1.6 per cent as compared with 1.5 per cent; and "Other Countries" 11.2 per cent as compared with 7.7 per cent. The following countries showed, W. Indies declined shares of the Import trade:-Japan, from 13.8 per cent. In 1936 to 9.4 per cent. in 1037; Netherlands East Indies from 8.5 per. cent. ta 7.6. per cent.; Slam from 6.6 per cent. to 3.7 per cent.; China, North 7.244.183 Germany from 5.2 per cent. to 5.0
(7.853,301)
است
Br. Empire
117.500
Other Belgium
(15.038)
446.354
(283,549)
per cent.; British Malaya from 1.8, China, Middie '755,807 per cent. to 1.5 per cent.; and In-
dia from 1.3 per cent. to 10 per Ch., South cent.
Of the total declared exports of merchandise from the Colony dur ing the year 1937, British Malaya accounted for 8.5 per cent, as com- pared with 7.3 per cent. In 1936; Denmark French Indo-China 5.1 per cent, as compared with 5.0 per cent.: U.B.A. Egypt
88 per cent. as compared with 8.1
per cent.; Netherlands. East Indies France
LOS ANGELES, PANAMA, NEW YORK, BOSTON,3.3 per cent. as compared with 2.5
PHILADELPHIA & BALTIMORE.
If sucient inducement offers also other ports of call.
Arrivals from USA.
2nd Feb.
MV. ANNA MAERSK "
M.V. "TRITON"
M.V.NIEL MAERSK”
Sailings to USA.
19th Jan.
28th Feb.
(All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE RATES.
For Freight and Passage please apply 1-
JEBSEN & CO.
Canton, Shameen, B.C.
Tel. 10916.
Agenta.
NOTICE TO CONSIGNEES.
PENINSULAR AND ORIENTAL- STEAM NAVIGATION Co.'s STİKER." BOMALL”
ARVED BONG KONG or
28TH JAN.. 1938.
Faon ANTWERP, LONDON,GIBRAL TAR, MARSEILLES, MALTA PORTSAID, ADEN, COLOMBO AND STRAITS.
J
ONSIGNEES of Cargo by the abare- that their Goods are being landed and placed ar tri x in the Hong Kong and Kowloon Wharf and Godown Cou pany's Godowns at Kowloon, where ch Consignment will be sorted out Mark by Mark and Delivery can be obtained as the Goods are landed.
Optional Goods will be landed here unless Instructions have been given to the contrary Six Hours before arrival of the Steamer.
Goods not cleared within 8 days including date of arrival will be subject to Kent
No Fire Insurance will be effected Damaged Packages must be left in the Godowns for examination by the Con signees, and the Company's Surveyors. Mosure, GODDARD & DOUGLAS, at 10 am, on Mondays and Thursdays, within the
Storage period.
us în say case whatever,
Free
Consignecs are specially notified that it is xtoosssary for a Revenus Officer to be
at the examination of damaged dutiable cargo.
All Claims against the Steamer must be presented to the Undersigned on or
15th Feb., 1938, or they will
not be recognized.
before
No Claims will be admitted after the Goods have left the Godown. MACKINNON, MACKENZIE & 00.
Agents. Hong Bong, 24th Jan. 1918. L3836
ANGLO-FRENCH CORDIALITY League Problems Discussed
Hong Kong, Pedder Building
TAI. 28363.
BRITISH AMERICAN TOBACCO COMPANY
Business In China
454,080 (351,487)
198.793 (198,621)
55,07€ (91,138) 4.715.966 (3,354 783). 2.068,432
(657,152) (1,392.483)
12,411,039 14,409.098
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Silver prices were unchanged yesterday, the quotations remain- lag at 20 for Ready and 19 13/16 for Forward. Suver advices re- ported Speculators
having operated both ways. The market was steady. American Bliver was quoted at 44 3/4 for Spot.
23
The London-New York cross- rate was quoted at 429.65. New
3/4:
13
LINER
PRESIDENT
SAILINGS
SEATTLE AND VICTORIA
S.S.
la Kobe and Yokohama.
PRESIDENT JEFFERSON
Sails FRIDAY, January 28th, 4 P.M
NEW YORK
F
AND BOSTON...
York-London was quoted at 499.- via Manila, Singapore, Penang, Colombo, Bombay,“ Suer Canal Alexandria, Naples, Genox and Marseilles, S.S. PRESIDENT GARFIELD Sails SATURDAY, January 29th, 8 A. M.
MARKET
Featureless.
STERLING
There were sellers at 1/3 Jan.- March and 1/2 31/32 April-May: buyers at 1/3 1/32 Cash-March and 1/3 May and probably April,
U.S. DOLLARS
Sellers at 31 1/4 Jan-Feb. and 31 3/16 March-April, buyers at 31' 5/16 Cash-February and 31 1/4 April and probably. March.
SHANGRAI DOLLARS. Sellers at 105 9/16, buyers at 105 3/8 for Spot.
SHANGHAI MARKET
Cuba
(000)
C. America
(390) 166,022
(7,668,041) (8.225,163)
17,267 (1.300) 189,557 (134,363)
3,896
(16,578)
(00,448)
1,885
19,345
(18,622)
675.818
(123,795)
2,407,060
Germany
2.144.241 1,615.681
(1.793,356) (182,504)
Holland
411.349 (290,525) 123.109
634.041 (283,921)
15,199
JAPAN LOOKING
(140,558) 1.798,121
.
(1,750) 721,583
per cent. and Other Countries" Indo-China 18.7 per cent..as compared with 13.5 per cent. Macao's share of the trade remained the same at 3.7 per cent.
The following countries showed declined shares of the export Italy trade:Chins from 42.7 per cent.
in 1936 to 40.7 per cent. In 1937: Japan Japan from 5.1 per cent. to 4.2 per
cent.; Slam from 41 per cent. to K. C. Wän 3.0 per cent.; Kwong Chow Wan from 3.0 per cent. to 2.1 per cent.: Macao Philippines from 3.3 per cent, to 2.8 per cent; and India from 1.4 -percent-to-1.1-per cent.
Norway
Neth. East Indies hilippines
Fortugal
QUARTERLY COMPARISONS The following comparative tables show the quarterly values of im- ports und exports of merchandise since 1935 in £'s and S's millions: Imports
1935 1936 1937 £9.0* 6.3 8.1 8. America. $97.3 98.2 131.7
Stam
(15,529) 912,870 (137,704) 1.229.823 (2,588.202) (1.828.688)
(7.887,843) (2,151.390)
661,160 824.915
6498.182) (1,049.413) 1.252.795
1,779,000
(649.576) (1.328,374)
128,293
̄ ̄ ̄(27,608)**
17.955 -**(920)
2.897,493 1,355,408 (3,976,831) (1.086,447)
201.519
There were sellers of Sterling at 1/2 7/32, buyers at 1/2 1/4 for Spot. US Dollars, sellers at 29 5/8, buyers at 29 21/32 for Spot.
FOR CREDITS
Crafty Method Exposed
· London, "Jan. 25.
A new drive on the part of the Japanese to secure foreign credits 799,410
for indirect use in their war with (135,449) (1,063,478)China, is mentioned by the News
16,188
1.114
Chronicle, which points out that (7,679) {m}
Japan has apparently abandoned 1,274,045
hope of a direct state loan either 922,242 (2,659,215) (1,100,060)
In England or the United States 60,974 52,701 and that the Japanese Govern-" *(2810) (816324) ment's new move is to use private
9:619
trading companies as screen (3.823) behind which to obtain foreign
credits..
1st Quarter
2nd Quarter
3rd Quarter
£10.7 24 9,5❘ Sweden
$94.0 114.1
118.025
154.8
(60 031)
£8.1 6.6 10.5 Switzerland $79.5 1067 169.3
49,999
(16,494)
(--).
4th Quarter
£7.5 8.2 10.0 8pain $94.2 133.4 1803
- 3,085
The thirty-níth annual general meeting of British-American To- bacco Company, Ltd.. was held recently at 7, Millbank, London, 8.W., Sir Hugo Cunliffe-Owen, Bart, (the chairman), presiding.
The Chairman, in the course of his speech, said; The accounts a net profit for the year, after deducting all charges and expenses and providing for taxa- tion, of £5,760,449, an increase of £218,694, which,. under under 1st Quarter present conditions, I trust you will find satisfactory.
la s
Total
2nd Quarter
We have had a dificult year. Our sales and these of our sub- 3rd Quarter sidiary and associated companies
Total
show a satisfactory increase over 4th Quarter the previous year, but there have For example, the disastrous foods been many difficulties to overcome.
In the United States, whilst they did not invade our subsidiary com- pany's factories. did cause
that company losses amounting to approximately half A million dollars.
The
U. 5. A. £35.3 28.5 38.1 $365.0 4624 617.1 Others
Exports
7.0.
(4,322) (-) 6.413 407 4.720.619 (1.411.909) (3,632 838)
354.938
134,823 (344.275) (183,753)
The following table shows com- £6.9 4.9 6.6 parative Imports and exports of $74.8 78.0 105.7 merchandise during each of the Sit 5.6
twelve months of 1937 as com $67.9
with 87.5 1132 pared
the corresponding £5.8
months of 1936 in 's and £'s $58.6 81.5 113.8, sterling (in millions)!-- £5.7 ..45 8.3 $71.7 105.9 134.6
5.1 7.0
January 28.1 22.1 28.8 $271.0. 350,9 487.3 February
March
April
May
DECEMBER FIGURES During the month of December, 1927, Imports of merchandise amounted to a total of $49:3 millions (£3.1 millions), as com- pared with $44.7 millions (£2.8 millions) in December, 1936: a dollar increase of 10.3 per cent, and a sterling increase of 10.7 per cent, July
August
IMPORTS AND EXPORTS The total values of imports and exports of merchandise by coun- trics for the month of December, 1937 are shown below, the figures for December, 1936 being given in bracketa:-
June ......
unfortunate conditions existing in China have also caused losses to our companies there, and although we have reason to con- gratulate ourselves on the limited extent of these losses up to date, whilst still they
exports of merchandise have been quite sub-totalled
$45.8 millions
(£2.8 stantial. All these losses have millions), as compared, with $34.8 been provided for by the com-
millions (£22 millions); a dollar September panies concerned out of their in-
Increase of 318 per cent. and a come. There is also the incidence sterling increase of 21.3 per cent. October of the N.D.C. for six months and increasing taxation in many parts of the world, so that we feel that the results obtained in view of these difficulties are satisfactory.. With reference to the business of "our companies to China, I am sure you will be pleased to hear that there have been no serious casual- ties amongst the personnel of the Paris, Jan. 26. companies there. Whilst our con- Mr. Anthony Eden, the Foreign
panies have suffered some substan- Minister, en route to Geneva, had
tial losses, we can regard ourselves. conversations with M. Chautemps
as fortunate that the material and M. Delbos at the Qual D'Orsay damage to property has so far Burma after which a communique was
been less than we feared. Since then outbreak issued stating that the interna-.
of hostilities the tional situation was examined in volume of sales of our companies In China has curtailed owing to all its aspects and the three Min- isters found themselves in complete transport and many other dimicul- agreement regarding the mannertles, but whether this curtailment E. Africa they contemplate the questions to will increase or diminish in the
be discussed at the League Council meeting.
UK
Australia
Canada
Ceylon
future it is impossible to forecast. India
Still, the fact that business has
A later message states that Mr. been possible even although on a B. Malays Eden and M. Delbos left for Geneva reduced scale-is. I think, a tribute at 8.20 p.m. It is understood that to the organisation of our com- the Anglo-French conversationspanies in China,
were of a most, cordial character.
IMPORTS EXPORTS
Imports Exports 1936 1937 1938 1937 $33.1 39.9 23.8 34.1 £2,1 2.5 1.5 21 .....$30.3 38.5 24.9 30.0 £2.0 2.4 1.6 1.9. $34.1 62.4 27.5 40.7 £2,2 3.3 1.8 2.5
$38.2 54.8 27.6 34.1
$2.5 3.4 1.8
2.1
$38.8 49.8 30.0 40.1
£2.5 3.1 1.9 2.5 $37,1 50.1 29.9 38.9 £2.4 3.1 1.9 2.4 $38.4 50.2 26.2 38.2 £2.3 3.1 17 2,2 $32.1 54.9 25.5 38.2
an
instance. the News Chronicle mentions that the South Manchurian Railway is at present negotiating In Switzerland with Credit Suisse and others for a substantial loan.
It is also polnited out
that
a Japanese Corporation for Foreign Trade had been registered in Man- chukuo and the Heavy Industries Development Corporation of Japan had despatched emissàries to Europe and credite
ruter
L
SAN FRANCISCO,
LOS ANGELES
via Kobe and Yokohama.
&
S.S. PRESIDENT TAFT Sails MONDAY, February 7th 10 P.M.
MOST FREQUENT SERVICE, ON THE PACIFIC
DOLLAR⚫STEAMSHIP. LINES * AMERICAN MAIL LINE*
ነ
PRUDER BUILDING—ACIÓ KÖNG.
CARTON BRANCH —$1, FRENCH CONCEBRIUE, KHAMENN.
America to seek CHINA
TAX REDUCED
Cairo, Jan. 25. The Egyptian Cabinet has de- cided to reduce the tax paid by small landowners for a year in
order to raise the standard of these small landowners, 70 per cent of whom possess less than an acre of land.--
Beuter' Bulletir Service..
JAPAN
VISIT
SpecAL AND JAVA
Round Trip Fares ist Chase Hong Kong Java Hong Kong HK$400, HK$455,
Bong Kong-Bali-Java-Rong Kong HK$500.00
Rates fucliding Waintenance ard Tours Ashore can be bad on application:
NEXT SAILINGS--
TO BATAVIA VIA SAIGON
29th Jan.
s.s. "TJISONDARI":
TO BALI AND JAYAV MANILA & MAKASSAR: m.s."TJISADANE”
15th Feb.
TO SHANGHAI DIRECT) m.s.. "TJISADANE" 4th Feb. For further information apply:
Java China Japán tixe, Canton H. Nolasco da Silva, Esq., Macão JAVA-CHINA-JAPAN LINE York Building
Tel. 28015.
MODER
LIJN EXPRESS SERVICE
2.4 ber, 1937; whilst export values CONSIGNEE NOTICES.
1937
SERVICES CONTRACTUELS, DES MESSAGERIES MARITIMKE
༈
CONSIGNEES' NOTICE.
THE BEW LINE STEAMERS, LTD.
From BETH MIDDELSBRO. ANTWERP, LONDON AND STRAITS.
THE 8,8,BENREOCH."
NONSIGNIES of Cargo are hereby, informed that all Goods are being landed at their riak into the hazardous and/or ethic ardoa: Godówds of the Hong Kong Anny KOWLOOM WHARP, AND Gorers COMEARY, LTD. whence for obtained invel eve from the whares Delivery may be
£2.0 3.4 1.6 $38.2 64.7 29.8 39.4 Buctuated from a low of $30.9 mil- £2.4 4.0 18 2.4lons in February, 1937 to a high $43.0 51.8 32.7 43.6 of $45.8 millions in December, 1937. $2.7 3.2 2,0 3.7 Details are given below, with the November... $45.7 59.7 38.4 45.2 sterling equivalents, at monthly
£28 3.7 24 2.8 December
average rates of exchange, in ...$44.7 49.3 34.8 45,8 brackets:
£2.8
CONSIGNEE NOTICE. 3.1 2.2 2.8 1936, IMPORTS EXPORTS
Dec COMPARATIVE FIGURES
$44,699,876 $34,783,585
8.S." FELIX ROUSSEL (£2,764,641) (2,151,328), The following table shows com-
BRINGING CARGO Fox Parative figures of imports and ex- January $39,895,093 $34,098,300
MARSEILLES, via SAIGON etc. *
ports of Merchandise and Treasure
(27,472,885) (£2,113,384) | ARRIVED HONG KONG ON FRIDAY, 3,805,000
during the months of December, 2,108,084
$38,451,261 -$30,904,572 1937 and December, 1936:-
THM 2187 JANUARY, 1938. (2,844,788) (2,095,098)
(£2,378,170) (£1,911,422). 1,102,630 206,739
IMPORTS
$53,355,278 $40,635.991 (784,032) (199,318)
Dec. 1931 Dec. 1936
(£3,209,868) (£2,516,388) 166.936 258,591 Merchandise $49.342,058 $44,899,878 April $54,839,318 $34,144,114 (26,880) (257,763) Treasure
1,556,545 935,333
(43,393,755) · (£2,111,778). 620.6-64 308,110
$49,842,843- -$40,116,389 (178,779) (343,871)
Total $50,897,603 $45,636,209
(£3,076,300) - - (£2,415,938) 31,069
$50,064,336 $38.819,728 (29,070 362). (£2,386,874) **$50,189,072 $36,190,251
To comply with, the General Bended (23,058,397) (£2,205,380) || they will not be recognited.
Warehouse Regulations, UDDEDIC Damaged Fackage will be ezanned ... $38,251,126)
muat barg Bergnug (fiver in alten by the Company's Burveyor, Mewarnance? #Lan damaged catiable, (£3,488,985). (£2,359,577) | Goddard & Douglas in the presosos of are examined.
$64,710,603 $39,439,897
28372-
(29;607)
85.603 (102,924)
13.961
(64,607)
(640,759): (443,887).
F EXPORTS
Feb.
March
MBy
June
Be Dec. 1937: Dec. 1938 | July (21,783) Merchandise: $45,781,460 $34,783,585
Treasure 184,938,496
550,987-317.163
581,041 4,012,221
52,974
New Zealand
(936 530) (3,042,830)
179,568 (35,869)
(58,257)
B. N. Borneo 231,686
149,405
"(211,670)
41,442
(10 337)
())
The Ministers discuksed Spain, the such a statement would be to Far East and also the question of strengthen,, rather than weaken. 8. Africa joint or similar statements with the Covenant and there will be no
regard to the League, Covenant. question of modifying Article 18W. Africa
It is understood the effect of | Reuter,
$54,905,536 4,131,125 August
Total $152,719,958 $38,914,710 || Sept.
41
MONTHLY FLUCTUATIONS
TONSIGNTES are hereby informed. that their goods with the exception of Opiom, Treasure and Valuables me I sing larded & stored into the Godowns offre Borg Kong, Kowloon Wharf Godown Co., Ltd., Kowloon, whende delivery, may be obtained immediately after Indding.
All claims must be sebt in to as of or before the 31st January, 191, or
the Coraneos at 10.00 a.. on Thurs
No Claims will be admitted after ther
the and Goods reusising, andstrand, offer, the 30th Jan, 1939,ill be mbject to fuck
A1 Olaims against the Blonicer zvat be presented to the Undersigned on fr bafory the 13th Feb, 1988, or they will not be nongmined.
(24.010.709) (£2,444,452) day the 27th Jan. 10 Home to be left in the Godown whee
October $51,792,365 $43,685,875
Since December, 1936 monthly Nov. (92,556) values of imports of merchandise 188,954 into Hong Kong fluctuated from a Dec (51,738) low Hong Kong dollar value (88.5) 125,595 millions) in February, 1997 to a (129,059) high of 64.7 millions in Septem-Dec.
(23,210,048) (£2,701.416)
$59,673,204 $45,224,324 (£3,890,819)^\!- ('20,797,077) $49,342,058 $45,781,460 (23,051,755) (22)31,536) Mean, rate of exchange for 1937: HK$=18. 2.27/52d.
Consignees, must have a
All broken, éhsfød" and damaged Goods they will be examined, on the 28th far Officer in atendendo when any datiable. 1988, at 9 s.m. by Micam,
Mesus, Carmichael grida are examined by the Company's & Clarke.. Burveyork
No Fire insurance will be affected by Bills of Lading will be countere us in any case whkimver. ). Aina yW.BLOXLEY Hong Kong, 21st Jan, 1938
MESBAGERIES MARITIMES COFA 500 128009 Agus
[6928 Hong Kong, Esth