費
to
RAJPUTAN
GREENOCK
THE HONGKONG
BUILDING VESSELS
IN COLONY
Continued from Page 1.)
1
the
river
open,
TELEGRAPH.
keep
and Athens and although it has been ruled that Milan there, would be no justificanon torner making provision against ice conal-Copenhagen.
Stockholm. only once in 20 tions that obtain
Osib.. years, it should not be overlooked Shanghal that the elouing of the son route to New York. Tientsin would aggravate the grave Amsterdam. Smuggling problems of North China. Vienos Trade was brisk ailer the thaw' but inter settled down to a
to a more normal volume,
LATEST CABLED QUOTATIONS
The following quotations on the New York commodity exchange are Issued by Reuter.
THURSDAY, APRIL
1987.
EXCHANGE RATES
U.S. COMMODITY
April 0.
April 7:
PRICES
Paris. Geneva, Berlin.
.100.20/04
.21.51
12.1034
100.39/04 21.50
12.18
547
547
.03.0/32
93.5/32
22,40
22.40
10.3914
19.30
19.00
10.00
1/2.17/32 1/2.17/2
132
.4.00%
.8.00
0.04
2014
May
2014
July
-140%
140
14.24/20
New York Cotton
14.36/37 .14.07/09
13.91/03
"
October
13.71/73
13.37/39
Mom,
Nom,
Nom December
13.04/05
13.20/29
110%
110
1/20
1/21 January
13.07/07
13.32/32
1/21 Mar. (1938)
13.71/71.
13.30/30
1/0
4.801
4.80
Spot
14.00
14.07 1.01
20.12
20.07% May
.1/2
. 1/2
213
213
30%
December..
4%
44
.66744
007 January
21%
March
25.68/58 24.35/35 25.70/78 July
24.37/00 25.80/85 September
24.50/50 24.50/50 24.47n 24.42n
New York Rubber
25.780
213%
1024
British Wireless,
10211 May
July
Sepi.
May
Madrid
Lisbon.
in the South, business remained longkong uiet during the first few months of Bombay the year, and ships were actually Montreal withdrawn trun trades but in July an event occurred which trade
gave
Belgrade. generally in Chinn tremundous Impetus-that political, Monte Video...30%
long estansenhe
P & O-BRITISH INDIA-APCAR AND unity achieved by the Central Gov-tio.
EASTERN & AUSTRALIAN LINES
MAIL AND PASSENGER STEAMERS
Taking Cargo For
Straits, Java, Burma, Ceylon,
India, Persian Gulf, Mauritius,
East and South Africa, Australia, Red Sea, Egypt, Europe.
PENINSULAR & ORIENTAL FORTNIGHTLY
DIRECT ROYAL MAIL STEAMERS
UNDER CONTRACT WITH H.M. GOVERNMENT
All dates are approximate and subject to alteration without notice. and all sailings are subject to change or deviation with or without notice"
PENINSULAR & ORIENTAL SAILINGS
About
Destination.
17th Apr. Marsellies & London.
24th Apr. Marsellies, Havre; London, Jamburg,
Rotterdam, Antwerp & Hull.
B.S.
Топл
.From Hong Kon
14
CATHAY 15,000 *BURDWAN 6,000
Rajputana 17,000 RANPURA 17,000 *SOMALI 7,000
Rawalpindi
CORFU
*Bangalore
17,000 14,500 6,000
• Cargo only.
1st May. Marseilles & London. 15th May. Bombay, Marseilles & London. 22nd May Marseilles, Havre, London, Hamburg,
Rotterdam, Antwerp & Hull. 20th May. Bombay, Marseilles & London, 12th June. Dombay, Marseilles & London. 19th June. Marselles, Havre, London, Hamburg,
Rotterdam, Antwerp & Hull. Calls Tangler.
t Calls Casablanca, All vessels may call ut Malta,
BRITISH INDIA-APCAR SAILING
SIRDHANA
8,000
10th Apr.
SHIRALA
8,000
26th Apr.
Singapore,
Port
TILAWA
10,000
11th May
SANTHIA
TALMA
0,000 10,000
Sweltenham.
22nd May Penang, Rangoon & Calcutta.
6th June..
EASTERN & AUSTRALIAN
NELLORE 7,0001
TANDA NANKIN
7,000
7,0001
1st May
4th June 2nd July.
SAILINGS
Manila, Rubaul, Brisbane, Sydney. Melbourne & Hobart.
SAILINGS TO SHANGHAI & JAPAN
*SOMALI
TILAWA
RANPURA
8,000 10,000 17,000
SANTHIA
Rawalpindi,
17,000
TANDA
7,000
*Bangalore
6,000 i
• Cargo only.
:
15th Apr.ĮShanghai & Japan.
15th Apr. Amoy, Shanghai & Japan. 18th Apr. Shanghai & Japan.
29th Apr. Amoy, Shanghat & Japon,
29th Apr. Shanghai & Japan.
6th May. Shanghal & Japan.
11th May, Shanghal & Japan.
All dates are approximate and subject to alteration without notice. For further Information, Passage, Freight, Handbooks, etc., apply to
The Agents. Phono 27721 -.
MACKINNON MACKENZIE.CO
[P&O BUILDING. CONNAUGHT ROAD-CENTRAL HONGKONG.
THE
FUNNEL
BLUE
LINE
REGULAR AND FAST FREIGHT AND
PASSENGER
LONDON SERVICE
MEMINON
SERVICES
sails 21 Apr. for Marseilles. Casablanca, London, Rotterdam, Hamburg & Glasgow
ANTENOR zails 5 May for Marseilles, London, Rotterdom
LIVERPOOL SERVICE
& Glassgow
Bromborough.
sails 22 Apr. for Havre, Liverpool, and
CYCLOPS
NEW YORK SERVICE
RHEXENOR sails 8 Apr. for Boston, N.Y., Philadelphia
&Baltimore via Manila, Batavin, Straits & Cape of Good Hope
PACIFIC SERVICE
(via Kobe, Nagoya and Yokohama) TALTHYBIUS sails 16th Apr. for Victorin, Vancouver. &
Seattle
INWARD SERVICE.
PERSEUS TALTHYBIUS
AJAX
ATREUS
Duc 8 Apr. From U.K. via Straits Due 9 Apr. From Pacifle via Japan & Shanghai.
Due 11 Apr. From UK. vla Strails Due 19 Apr. From UK via Straits
Special reduced fares are quoted for cargo steamers with limited passenger accommodation
·For freight, passage rates and information apply to
BUTTERFIELD & SWIRE.
Agents.
1, Connaught Road, C.
ernment which brought the South-Bucharest.. western provinces under Nanking's Sliver (forward) 2114 feel that this outstanding Silver (Spot)...2145) control. achievement will have far-reaching War Loan. effects on the future welfare of China.
whom we
1/0
2K 7kn
Total sale 475/70
tons.
MARKET DROPS SHARPLY
(Continued from Page 1.)
NEVER TAKE CHANCES WITH STOMACH TROUBLE !
Volume: 2,250,000 abarcs-United | || Preas.
Few complaints are serious in the beginning
The most common trouble to-day- stomach disorder—usually starts in a small way. It may attack you as HEARTBURN, BILIOUSNESS, FLATULENCE or INDIGESTION,
US. GOLD POLICY
Washington, Apr. 7. Commenting on the New York and London reports that the United States Treasury is contemplating reducing but its
the price of gold, a high Treasury but its meaning is always the same isi Nature's official to-day said that the buying and so is its remedy. It
of a bad stomach stomach warning of a polley is unchanged and "there is no
which in turning the very food you Intimation of any change",
ent into painful, destructing acid. That is why you must never think. matter lightly of stomach pain, no how slight it may be. Nature does noi warn you for nothing. Wasto no time. Take no chances. Act to-day and drive those pains away. Cleanse that, bad stomach with the famous Brand proven remedy Maclean Stomach Powder and banish for good the shadow of the hospital and of the operating theatre.
It is understood that many banka are finding it unprofitable, to import Hold due to the very small spread be- tween the foreign price and the Treasury's $35 per ounce.--United Press.
COPPER REDUCTION
New York, Apr. 7. The price of No. 1 serop cupper was to-day reduced by 1/2 cent to Chicago Whiont
13 cents per pound, placing the 142/14174 141/141price of electrolytic on the equivalent 128/128% 1274//127
of 144 cents per pound. 1244/124% 12334/1234 Tuesday's sales:-
During the latter half of 1936 our vessels on the coast were well small winter Upper River steamer Alled, and steps were taken by the was placed with the Hongkong and various lines with
are Whampoa Dock Co. Ltd. As in the B550ciated 10 ndvance rates of case of the Taksang, we negotiated a July freight as fast as was practicable. loan with the Hongkong and Shang- Sept. Unfortunately, progress is likely to hal Banking Corporation to whom be slow and difficult when it comes we shall mortgage certain ships as May to revising tariffs.
appreciated that July It will be security. very large sums of money will be Oct.
for new tonnage or to create
NO ARMED GUARDS
be appre
On the river. happier conditions required other reserves in cash..
years ago.
•
47,038,000 bushels, Chicago Corn 1281⁄41⁄4b
130/130 13006/120% 121/1214 11136/1111% 112/112 Winniper Wheat 14044/14034 14756/147% 14334/144 14234/1427%
12758/12714 120/120
DIPLOMATIC CHANGES
Moscow, Apr. 7.
M. Jacob Suritz, Soviel Ambossa-
Owing to the enormous success of Maclean Brand Stomach Powder in the last few years a host of imita tions has sprung up to seize a share It was rumoured that electrolyte of this popularity. If you are not was to-day offered at 15 cents per very careful you may find yourself pound and there were no takers-buying something with
very simi- United Press.
BASE MEtals declINE
in
purchase some useless subing
to New York, Apr. 7, The St. Joseph Lead Company to- day cut lead prices by 1 cent to a bate of G.cents in New York and cut lead prices by 1 cent to a base of 6
SU
lar name and outward appearance place of the genuine Macleah Brand. You may be tempted by fa But if you want the definite, relief of genuine Maclean Brand, you must avold all imitations. Look for the signature "ALEX. C. MACLEAN"
the bottle. Every
this. genuine Mac
18 your signature-it ngainst substitution and consequent Sold in bottles in disappointment.
cents in New York and 5.85 cents Maclean Brand
per pound in St. Louis, the largest H single drop in price for ten years,
The decline followed the wide drop | disa
ber.
metal
well, and with all borrowing 10,200hich reference has hadomestle copper will shortly be re-
would
to úttempt extensive
todamine to
ACKNOWLEDGMENTS
tablet form. If any difficully in obtaining write to Banker & Co., L. P. O. Box 536, Hong Kong.
KIW
"KEW"L
prevailed throughout the year against the background of an abundant I am glad to be able to tell you harvest. In my
my speech last year that the two new Taksongs and the referred to the need of agrarian re- Upper River ship are cheap indeed form in
in China, and
of to-day's none seeing the when viewed in the light repopulated farms in the Yangisze prices and the original Taksung is, of Valley could possibly doubt
dor to Germany, has been appointed in London, crasing all gains except cartons. Never sold loose. Also in the course, a better bargain still. Inestimable benefits such a measure It is dificult to fix a point but
Ambassador to France in the place the 120 points advance since Novem would bring to the whole country. the wise man buys on a rising market of M. Potemkin, who has been As another indication of the settled per
Straits tin fell 14 cents to 60% conditions
Foreign Affairs in Moscow-Reuter-cents per pound, while zine was quiet perhaps our best justification for appointed Assistant Commissar of prevalling along
the acting when we did lust autumn is Yangisze, armed guards on British China herself, Those of us who live
and steady. ships were withdrawn' in July last. out here can look with admiration at
New York copper futures on the These guards have been carried off
the
grent
been Commodity Exchange broke the daily things Marshal Chiang Kai- owing to the Company have and on for the past eight years, and shek and his Ministers have achieved, accounted for.
maximum limit of 100 points at the their further
With regard to the Habilities, opening to-day, reflecting the sharp use Is now considered
seemed things that
Impossible a few
Underwriting Account shows a quite
We are, as al-short unnecessary,
Te drop in copper prices on the London ways, very grateful to His Majesty's During the lean y cars We have duction of 1,408 13s. ld, due
Metal Exchange and the general neeldents nayal and military nuthorities for passed through, when this Company undry
not recoverable their
invaluable assistaner.
falled not only to make a de- under our policies and now stands at weakness of the outside markets,
The break in the world As a result of the policy adopted preciation but incurred heavy cash wals Account has been decreased by markets led to the deduction in im-
£48,100. Special Repairs and Hene- Just year by the Borneo exporters in losses as restricting the shipment of ilmber,
duc Od
chiefly to ice partant quarters that the price of power fully mortgaged, it our vessels on this run did not do as have been unwise
[duced again-United Press, at well as they have
and now stands done forner launch out on an
In
made already, years. Trading conditions were structional programme yet to build £3,172 18s. Od. Sundry creditors in betler
en the Calcutta Line, but we at the height of a boom entalls trouble £210.852 145, 5d. us against £234,- China and London now stand at incurred unusually heavy repair bills of another sort.
balance 383 4s. 3d. Inst year. The due to the General Managers los
id, to DONATIONS TO THE KING £87,036 18. ld, Incom
15s, 5d. but our Sterling at and
GEORGE MEMORIAL should like to remark here that their fees amounting to £1,500 per ton count with the Hongkon a great deal has been said in the sun and this money will not be Shanghai
Banking
Further donations to the King held in suspense. Press of Inte about competition in
amounting to £82,105 176. Sd. has George V Memorial Fund have been Dealing the trades between India and the Far
with the statement ok been
paid of. The contingent received as follows by the Hongkong East where our Company was one accounts, the items debited to revenue liability for cumulative preferred and Shanghal Banking Corporation; of the ploneers, but the matter
rmount to is
as dividends for 11 years amounts to Previously acknowledged $147,717.17 sub judice and for the moment I follows 6102493,093 115% Ü
Gd., depreciation £57,746 Ds. Id.,
How Chunk Pak I do not think there is anything
Lan Chur
Chun Kwok floating staff pensions £10,341
com-Wang Chol Ho more in the Accounts to be Interest £8,611 45. Dd. Ud., Inte
now propose the Wun Foo mented upon and Items credited to Revenue Account follow
resolution:That the Lan Che Nol following
and Statement of Accounts as Au Yeung Yiu Ming umount to £71,233 5s. 8d. and include
the balance brought forward from 1935 presented be adopted and that £1,321 17s. 1d., gain on working of debit balance of £12,308 8s. 11d, be steamers the floating staff. In
£62,630 3. 4d., transfer
inster carried to next year," £32 143. Od. and Exchange Ad- You will have read of the fore
The proposal was seconded by Mr. The only M. H. Lo and agreed to unanimously. stranding of 8.s. Hopsang on Garumbi Justment £7,359 118. 4d.
term Point, Formosa, on 11th March last change Adjustment. This is due to
for calling comment is Ex- At the time of the accident she was assets and liabilities being converted
OTHER BUSINESS In a light condition, appears to have at the closing rate on the been overwhelmed by stress of wen-
last day of ther and is likely to become a total the year 1/2d. compared with the H. W. Dulley seconded the re-election closing rate for 1035 1/3d. Also a of Messrs. M. T. Jolinson and S. T. gain
in exchange on remittances to Williamson us directors. This our sterling liabilities-the-rates greed to.
during the year belog more
in relitting our ships to comply with the requirements under the Simio Convention;
I made reference to this point in my
report. previous
I
must leave it,
are
Your. Directors once more pleased to report that
major no casualty occurred in the fleet in the period under review and I feel sure you will wish to associate yourselves with them in paying a well deserved
loss,
to
NEW STEAMERS
the Company, you know that
WC
FEES WAIVED
The Directors have again walved
148. Ud.
13s,
མ
Mr. A. Murdoch proposed and Mr
TAIR WEATHER
6.00
5,00
BOOT POLISH
TAN
3.00 Soo the KIWI trade mark on
3.00
3.00 avery tin of shoo polish . you
buy. It in
guarantee of
A
Pacific to the cast of Hokkaido, and The depression has moved into the another depression appears to be developing over the Loochoos. was
weak anticyclone covers China, On the proposal of Mr. N. L. H. Local forecasts North-and-N.E.-winds, Silva, Mr. John Fleming and Mr. A. Ritchie were reappointed auditors at a salary of $0,000.
As regards the futura positionable than the closing rate on Rallton, seconded by Mr. A. M. do moderate; fake.
have been short of tonnage since 1931
A vote of thanks to the chair was proposed by Mr. W. E. Kirby and seconded by Mr. A. Murdoch,
Those present were the Hon. Mr. J. J. Paterson (chairman), Sir Robert Ho Tung, and Messrs. M. T. Johnson and S. T. Williamson (directors), Mr.
and have had to charter. The dis- 31st December, 1930. advantages of employing other peo-
After allowing for the above, there ple's ships to-day will be obvious to remained a debit of £12,388 Us. 11d., you but
to charter was the only which it is proposed to carry for- available method
to watch
our ward to the year 1037.: interests until the promise of better Coming to the balance sheet, it will times justified a longer view. To be всел that steamships, hulks, wards the end of 1930 it seemed clear launches, etc. show a slight increase to the General Managers that both of £2,821 88. 11. due to purchase of chartering rates and the cost of new lighters, while depreciation has been
usual basis and C. T. Tod (secretary), Mr. R. A. tonnage were likely to rise consider-written off on the ably in the near future, and that the amounts to £57,740 98. 8d. You are Warieson (solleltor) and Messrs. M.H. time
me had arrived to implement a reminded that no depreciation could Lo, W. E. Kirby, N. L. II. Railton, A part of the Company's building pro- be allowed for in 1934 and 1935. M. da Silva, A. Murdoch, H. W. Sundry debtors in China and London, Dulley, Chan Wing Chul Sin-sam, Agency balances, coal and stores show A. E. Wilcox, J. Fleming (share- slight variations and all the amounts holders).
gramme.
During November, an order for two consters of the Taksang type and one
THE TAIKOO DOCKYARD & ENGINEERING COMPANY
OF HONGKONG, LIMITED.
BUILDERS OF ALL CLASSES OF SHIPS.
BUILDERS OF RECIPROCATING STEAM ENGINES. BUILDERS OF MARINE AND LAND BOILERS.
BUILDERS OF TURBINE MACHINERY
Under Licence From Messrs. Parsons.
BUILDERS OF DIESEL ENGINES
Under Special Licence From Messrs. Sulzar Bros., Winterthur.
Licensed To Manufacture Lanz Perlit Iron, Specially Suitabla For Internal Combustion Engine Working Parts.
DOCK & SLIPWAYS
FOR DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS,
ON ANY TIDE.
ALL CLASSES OF SHIP, ENGINE AND BOILER
REPAIRS
AND EXTENSIVE WELDING, BOTH: ELECTRICAL AND
OXY-ACETYLENE, SKILFULLY, AND PROMPTLY CARRIED OUT.
Tel. Addross “Taikoodock". Hongkong. Telephone No. 30211.
Call Flag: "Numeral One” over “Pannant Amt:
BUTTERFIELD & SWIRE, Agents HONGKONG, CHINA & JAPAN
| finest quality polish,
KIWI
Agents:
W. R. Loxley & Co., (China) Ltd.
SHANGHAI HONGKONG --. CANTON SERVICE :
C. N. A. C
15.45
Southbound
Tuo, Thur. Sat.
Station
Northbound
Wed. Fri. Sun.
6.30
Lv.
8.45
Lv.
SHANGHAI Wanchow
Ar.
Lv.
13.50
10.25
Lv.
Foochow
Lv.
12.10
11.55
Lv.
Amoy
Lv.
10,40
13.15
Lv.
Swatow
Lv.
9:20
15,05
Lv.
HONGKONG
.: Lv.
7,30
15.45
Ar.
Canton
Lv.
6.30
P. A. A. CLIPPERS
Depart.overy FRIDAY from MANILA, P.1.
For details, please apply.
CHINA NATIONAL AVIATION CORPORATION
Hongkong Office: King's Bldg. 2nd Floor Tol: 33131
CANTON
Kowloon Office::
3 Poninsula Hotel Arcade Tel: 50605
AGENTS
for the
Hongkong Telegraph
WM. FARMER & CO.
Victoria Hotel Building. Shameen, Canton.
Tel: 13501