V

Jean Culbertson

& Fritte

Investment Bankers and Drokers in Securities and Commoditles' Daily New York and London Stock Exchange Service Commodity Futures on the principal American markets“

Members of

New York Colton Exchango

Chicago Board of Trade

Winnipeg Grain Exchange

Commodity Exchange, Inc., New York

Canadian Commodity Exchange, Inc., Montreal New York Coffee and Sugar, Exchange Manila Stock Exchange.

-Correspondents-for--~~-

Hayden, Stone & Co.. New York and Boston

Telephone 30244

J. E. Swan & Co., New York

Cable Addresss SWANSTOCK Hongkong & Shanghal Bank Building, Hongkang Officea: Shanghot and Manila

L. R. NIELSON & Co.

BROKERS

PROMOTIONS

MEMBERS: MANILA STOCK EXCHANGE

GLOUCESTER BLDG.,

First Floor

Head Office: 601 Escolta, Manila, P.1.

PHONES 31707-31708

P. O. Box 719

Branches:

Baguio, Bacolod Hollo & Cebu.

NIELSON & COMPANY, INC.

Mine Managers & Operators MANAGING

Hongkong Mines, Ltd.

Tinago Consolidated Mining Co., Inc. Lepanto Consolidated Mining Co.

Paracale-Gumaus Consolidated Mining Co.

Paracale Gold Mining Co. Inc.

MANAGING & OPERATING Nieco Mining Company. 97 Cristobal, Paco, Manila, P.I, -

THE, HONGKONG TELEGRAPH. WEDNESDAY, MARCH 17, 1937.

Neutrality Must Be Well Armed

Washington, Mar. 10. Neutrality is impossible unters bneked up by adequate force, declared Mr. Izac, former nuval lieutenant, now member for San Diego, in a de- bale on the Neutrality Bill in the House of Representatives. He Hald they ebuld not bulld a Navy bly enough to zover the seven seas, but if, in proclaiming permanent neutrality, they also unaounced tint the United States Navy would be used only in home waters, they could keep the. United States out of war.

Mrs. Edithi Itoners condemned the McReynolds Neutrality Bill, under which,

she said, they would be giving tip their trade and not keeping the United States out of war.

Mr. W. Sirovich, New York, asked whether, if the McReynolds Bill were enneted, they President might place un embargo on Italy and Germany In view of their part in the Spanish civil

WILF.

Mr. McReynolds replied: Not un- less the President found that they were actually in a state of war.

Mr. Jolin' Bernard declared that both the MeReynolds and the Put- man Neutrality Djila Invited aggres- sion by Fascist Powers, since weak countries could not buy from the United States-Reuter.

Defends China Customs

SHOULD BE FREE TO CHECK SMUGGLERS

London, Mar. 16.

The question of smuggling in North China was again raised in the House of Commons during question- time to-day.

Lord Cranborne. Under-Secretary for Foreign Affairs, in a written reply to a question by Sie Walter Smiles. the attention of the Japanese Government had been repeatedly drawn by the Ambassador to the eneral question of smuggling, and he was sure the detalls of any remedy could be best dealt with

by the various authorities concerned.

An essential point, said Lord Cran-

P. O. Box 717, borne, was that the Chinese preven

BURNS PHILP LINE M.V. "NEPTUNA”

PASSENGER & FREIGHT SERVICE TO

AUSTRALIA

Sailing Sunday, 21st March at 5

p.m.

for Saigon, Manila, Sandakan, Salamaua, Robaul,

First Class Fare to Sydney:

Sydney & Melbourne..

Single: £47.10.0d.

Passenger & Freight Agents:--

Return: £76.

Gibb, LIVINGSTON & CO., LTD.

Telephone 28031

Joint Passenger.Agents:-

GOING HOME

SOON?

P. & Q. Building. NIPPON YUSEN KAISHA

King's-Building.

THEN TRAVEL BY

MESSAGERIES MARITIMES

AT NEW REDUCED RATES

Sailings from Hongkong

To BHANGJIAI–KOBE

Pres. Dourner, 18th Mar, 1037. Andre Lebon,. 3rd Apr., 1937, Jenn Laborde. 16th Apr. 1937. Porthos

2nd May 1937. 'Aramis

.14th May 1937.

To MARSEILLES via Saigon, Singapore, Colombo, Djibouti (Aden), Suez, Pori-Bald Bernardila de St. Pierre Pres. Doumer 6th Apr., 1937. 23rd Mar., 1937. Andre Lebon .20th Apr. 1937. Jean Laborde, 4th May, 1937. Porthos..... 18th May 1837.

MAM CieDes MESSAGERIES MARITIMES

AM

B QUEENS. BLDG, SO Wa en at a pillana

live services should be allowed free- ck to operate effectively. This point had been constantly um- phacisud by the AssinengerBerzinam Reuter.

RUBBER PRICE ADVANCES

HIGHEST FOR EIGHT- YEARS

Lendon, Mar, 10. The International Rubber Requin- tion Committee has fixed the follow- ink percentage of basle quotas for 1937 as the. -permissible

sible exportable amount, namely, for the second half of 1937, 00 per Cent Under the scheme of regulation it is open to the Committee to revise their decision as regards the permissible exportable amount from time to time, If for any reason this should in their opinion be. desirable. As to the present arrange ment, the next meeting will be held ou April 27.

Following the atinouncement of the Rubber Regulation Committee, the spot price of rubber advanced to 1 per pound, which is the highest since March, 1929. On the

Stock Exchange there were substantial rises In rubber shares.-British Wireless.

DOG BITES GIRL

Miss Allen, of 4 Ashley Read, Kow- loon, has reported to the police that her dog bit a girl named Salini Lee near the Diocesan Girls School yes- terday afternoon. The girl has been treated and the dog has been taken to Mataukok for observation,

NAVAL HERO PASSES

New York, Mar. 10. The death has occurred of Rear- Admiral Richinand Pearson Hobson, naval hero of the Spanish-American War--Reuter,

TYPHOON WARNING

The Manila Observatory reports at 8.45 am. to-day that the typhoon is situate in about 122 Long, 11 Lat moving west,

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LATEST NEWS

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THE DAY

BOOKING at the THEATRE Tel. Nos. 25313 & 25332.

OFFICIAL SOUVENIR

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of the

| CORONATION

OF THEIR MAJESTIES

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and

QUEEN ELIZABETH ON SALE FRIDAY, APRIL 23rd

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By Gracious Permission of lile Mafsaly ikin Programocele lasued by Ring George's Judlas Trust

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Page 5Page 6

THE HONGKONG Telegrafii, WednESDAY, MARCH 17, 1937.

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