1936-07-22 — Page 13

NDL

FAR EAST EXPRESS

PASSENGER & FREIGHT SERVICE,

From Hung*Xoog tå

Europe

Venecia

Perla

Mar., D'ona, N'hampton. Rotterdam, Sremon, Lunabayry

July

น

Tran

Obience.

Lisbon, intwerp.

Rotterdam, Hamburg, Beesten...

Ang.

Straits & Cayton

Manila

Totsu

8 porn Penn, Belawan, Colombo

July

9

24

'poru, Delawan and Matzan

Folarleu

Gneis

Manila

Manila

Aug. 3 Fly 24

Aug. མ

Azeemu

S'hai. Yakobama. Kolm

AGE.

+

Sebarko

Harel

ha. Yokohams, Kobe

Sheffer

Hm, Trinutan. Dairen. Taku,

Yama, Nagoya, Kohemakh

Aug.

Molag, Salamzaua, Rabaul, sie,

Alist. 11

Sept

11

Shanghal & Javan

Shanghai. North China & Janet

South Sea lalande

Pridorun.....

Bremerhaven .......... Rh, Tule, Kavisny, ete.

Subject to Alteration without Nature,

For Page And Freight apply to

NORDDEUTSCHER LLOYD, BREMEN

MELCHERS & CO.

AGENTS

CANTON AGENTS: JEBSEN & CO., SHAMEEN, B.C.

Queen's Baiting,

Telephoon 27773.

S.S. "BENVORLICH"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH

or about the 9th August.

on

Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.

Next Sailing for SHANGHAI & JAPAN

"BENMACDHUI” Aug. 5th S.S.

Tel 22433

For Freight and Passuge apply, to :-

W. R. LOXLEY & CO., (CHINA) LTD.,

York Building. Agents:

THE BEN LINE STEAMERS LTD.,

SINGAPORE RAW RUBBER

Latest Singapore Prices

1

THE EXCHANGE MARKET

་་

MESSRS. ROZA BROS.

sold.

The price for Ready Silver was unchanged yesterday but the For- ward rate rose 1/18, the quotations being 19. 5/8 and 19 11/16 respec- tively. Silver advices reported In- dla as having operated both ways. Speculaters bought. China

the official Axing there. After were some reselling on the part of India and speculative buying at the fixed price. In America the rate was unchanged at 44 3/4. for Spot.

B, B. JOSEPH & CO.

Tuesday, July 21 Messrs. H. B. Joseph & Co.. re- ceived the following quotations in Strails. Currency for Raw Rubber from Singapore to-day:-

Buyers ........... 261 unchanged

211 Op. i 274 Up-i 27 unchanged 6.02 27/32.

*8pct

Aug.-Sept. Oct-Dec

Jan.-March Market:Quiet.

K

The London-New York CroS6- rate was quoted at 5.05. The New York-London rate was quoted at

MARKET ...Opened quiet but later eased oir slightly owing to some speculative demand.

STERLING

BENJAMIN AND POTTS

Tuesday, July 21.

Opened with seller's at 1/3 7/10 'Mesars. Benjamin and Potts re-

for near and forward leading to ceived the following Straits cur- rency quotations (buyers) trom business at 1/3 7/16 December. Singapore to-day for Raw Rub-Later offers at 1/3 7/16 were ac-

HONG KONG DAILY PRESS, WEDNESDAY, JULY 22, 1936.

H. K.

STOCK EXCHANGE

YESTERDAY'S

OFFICIAL "QUOTATIONS

The steady tone of the market reported in our last issue continu- ed to-day resulting in a fair turn- over and in most cases at higher rates than those quoted in the opening list.

Sales have been put through in Hotels at $4.80, Lands at $301, China Lights at $10.95, Dairy Farms at $204. Wharves at $90

and Star Ferries at $89, Tele- phones (Old) were wanted at $26 with no shares offering.

The Manila market was quiet. DUYERS

H. K. Steamboats, $2). Wharves, $87.

Providents (Old), $1.20.

Vend. Goldhelds. $42.

Antamoks, $485.

Atoks. 80cts.

Bagulo Gold, 33 cts,

"Big Wedge. 60 cts.

Masbate, 85 cts,

United Paracale, $1,20,

Hotels, $44.

HK, Lands 4% Debentures, 100.

Star Ferries; $869.

China Lights (Old). $10.85.

Electrics. $504.

Telephones (Old), $28.

Malabor. Sugars, $91.

Cements, $9.10,

Dairy Farm. $26.

Constructions (New). 30 cts.

Govt. 4% Loan. 7% Prem. Govt. 3% Loan, par

SELLERS

:

Union Insurances, $5221. Union Waterboats, $12. Hotels, $4.80.

China Lights (Old). $11.

SALES

H.K. and W. Docks, $147/15. Providents (Old). $14. Baguio Gold, 37 cts. Demonstrations, $1.35. IX.L. $2.95.

Paracale Gumzus, 65 cts. HK. Lands, $30).

Hong Kong Trams, $11.80/11.85 China Lights (New), $7.00 Cements, $9.15.

MANILA CLOSING SALES Antamoks, P.3.25. Atoks. 0.53. Baguio Gold. 0.23.

Benguet Consol. P.12.30. Benguet Explor., 0.21, Elg Wedge. 0.38. Demonstrations, 0.89, I.X.L., P.190.

Itogons, P.1.15. Masbate, 0.57, Northern Mining. 6.221. Paracale Oumans, 0.41. San Mauriela, 0.87, Suyoc Consol..0.32, United Faracale, 0.79.

H.K. SHAREBROKERS' ASSOCIATION

Buyer's

Wharves, $871.

• Providents Old. $11. Lands, $301.

China Lights New, $74 Electrics, $50

Telephones Old, $252. Beng. Explor.. 31 cta. Consol. Mines, .051 cts. Demonstrations. $1.35 Ipo Gold. 32 cts. Paracale Gumaus. 65 cts. Salacots, 114 cts. San Mauricio, $1.32. Suyocs, 51 cts, “ - United Paracales. $1.20

Sellers Providents New, 25 cts. Hotels, $4.50,

LONDON EXCHANGE RATES

Faris Geneva

Berlin

Athens

Milan Shangbai New York Amsterdam

(Bertina: WirkLING HERVICHYİ

July 18.

July 20.

75 57/54

13.96

12.46

73 63/64 15.371 12.474

631

631

1/2 7/16

1/21

5.03

5.031

7.281

7.39

Vienna. Prague

1214

Bucharest

********

36 21/32

964

25.741

23.771

39

5.034

5.031

Madrid

Labon

Hoar Kong

Brussela Montevideo!!

Belgrade

Montreal

Yokohama

Helsingfors

Flo

Buenos Aires

Silver (Spot

Silver (forward)

191

Closing Quotations

July 1, 1936.

On LONDON: -"

Telegraphic Transfer... 11,3 Band Bills, on demand † 6/16 Bank Billa 4 months'

ON NEW YORK:-

191

19 11/16 31061

Bank Bills, on demand 39 1/16 Credits, 50 days' sight. 32)

ON BATAVIA:-

*

On demand

461

sight

ON PARIS:-

Credits four months'

Bank Bills, on demand 484

right

1/311/16

Credits, 4 month's hight 515

ON SHANGHAI

ON SAIGON —

On Demand

106)

On demand

ON SINGAPORE:-

ON MANILA

On demand

54

On demand

On JAPAN:-

ON BANGTOI:-

On demand

1091

Telegraphic Trapafer..... 84 Bank, on demand.........

On demand BovaGs, Bank, Buying

Bate

ON INDIA-

140)

1/11/10 BAR BILVYE, per di ....................... 191

NEW YORK STOCK

New York: July 21.

EXCHANGE

(I'browɛn Heutery Agency)

QUOTATIONS

New York/London Cross-rate New York Cotton-Oct. New York Rubber-Sep. Chicago Wheat Sap Chicago Corn -Sep." Silver-Official

Last Today'n High Low Close Close

Change

-6.03-8,8$ 6,09-27/32 | off 12.45 1216 117 12:31 16.02 16.51 1438 18.51 102 1011 101 103

Dow Jones Averages High-1934/35

30 Industriais

20 Baile

20 Utilities

40 Bonds

11 Commodity Index

Stocks

Adams Express Amer. Can

Amer. Cyanamia B 36+ Am. For. Power Am. & For. P. $7 pt...409 Am. Light & Trac.

81

271

27

86

551

Amer. Locomotive.... 214 Amer. Radiator... Amer. Rolling Mili... Amer. Smelting. .............." Am. Sugar Refining 171 Amer. Tel & Tel, ... 102 Amer. Tobacco 'B'... Amer. Waterworks... Anaconda Copper Atchison, T. d 8. Fe. Atlas Corpn...!! Auburn Baltimore & Ohio... Bethlehem Steel Boeing Airplane Co. 241 Borden Co. Eklyn Manhattan "

Trans Corpn. Briyn Manhattan

1011

251

381

821

30% 13

324

211

534

30%"

491

$6 'cum. pf... b1007 Case, J. 1. Canadian Pac. Rly. Chase Nat. BL..

Corpn.. 83 b Chesapeake

Int. Tel & Tel..

Kennecott

14 op .05 up

unchanged.

PRESIDENT LINER TRAVEL SERVICE

is Yours to Command

President Liners' frequens saillugs and their unique stopover privileges allow you to travel jut exactly as you choose, And Dollar Steamship Lines, and a cerican Hill Line worktwide offices, and agents are malatained to serve you ashore in whatever pince you shines to be. Make your next trip more enjoyable, travellisg "The Ironidani Lios way.*

To SAN FRANCISCO

Via Shanghai. Kobe, Yokohama, Honolulu. San Francisco. Fanama Canal, Havana, New York. Pres. Lincoln & am July 28th Pres. Hoover 8am. Aug. 8th Pres. Cleveland M'night Aug. 25th Pres. Coolidge Noon Sept. 3th Prom, Taft M'night Fept. Sind

EUROPE, NEW YORK

To SEATTLE, VICTORIA

via Shanghai, Kobe. Yokohama and Victoria.

Pres. McKinley M'aight July 31st M'night Aug. 14th Pres Grant Prex. Jefferson M'night Aug. 27th Pres. Jackson M'night Beut. 1 Pres. McKinley M'aight Sept. 5th

MANILA

THE MOST FREQUENT

SERVICE

Next "Sailings

Via Manila, Singapore, Penang, Colombo, Bombay, Suez Canal Naples, Genoa and Marseilles. Prez Hayes 81, Aug. 1st Pres, McKinley Pres Wilson 8. Am. Anath Pres. Hoover Pres. Monroe 8. Aug. 20th Pree, Hayes Pres. Van Buren 8 a.m. So t. 1th Pres. Grant Pres. Garfield 8am. Sept. 26th | Pres. Wilson

& p.m. July 25th

9 pm. July 30th

8 m. Aug. 1st

8pm. Aug. 8

8 Am. Aug. 17th

MOST FREQUENT SERVICE ON THE FACIFIC

DOLLAR STEAMSHIP LINES AMERICAN- MAIL LINE

PEDDER BUILDING-KONG KONG. CARTON, BRANCH —Ą, SHAXB BOAR

FRANCE AND THE FUTURE

NO TIME LOST WITH SOCIALISM

Right's Fears Of Moscow

(Special Air Mail Service)

Paris, June 27. 'The speed with which the So cialist experiment is being put into operation in France is un- diminished. The 40-hours week, the annual fortnight's hollday with full pay, and collective trade con tract for labour are now law.

CONSIGNEE NOTICES.

COMPAGNIE DES MESSAGERIES MARITIMES

CONSIGNEE NO.10.

8,8 MIN" 020/36.

BRINGING CARGO FROM DUNKIRK, ANTWERP do

AVID HONG KONG on MONDAY, Tx 2011 JULY, 1936.

CONSIGNEES are hereby informed that their goods with the exception of Opium, Treasure and Valuables are being landed & stored into the godowns of the Hong Kong Kowloon Wharf and Godown Co., Ltd, Kowloon, whence The determination of the Gov-delivery may be obtained immediately

after landing ernment to stimulate a return to economic activity by a massive ex- penditure on public works is illus-will not be recognized. trated by the announcement to-

All Claims must be rent in to me on or before the aist July, 1936, or they

Damaged Packages will be examined day that it is to demand Parlia-doddard & Douglas in the presence of by the Company Barvayors, Mezers. mentary authority for an outlay the Consignees at 10:00 am. on the totalling £73,000,000 this year, and 17th July, 1936,

£106.000,000 in each of the follow- ing three years.

Consignees must bare a Revenue.. Officer in attendance when any daliable

Surveyors.

The Industries concerned in the goods are examined by the Company's No Fire Insurance will be affected by Immediately to be nationalised. Į us in any case whatever. -

B OBL

Agent

[4573

Interior can claim that they have Hong Kong 20th July, 1980. been carried through without vio-

The Minister of Finance can similarly point to a rise in Govern- ment securities, to a cessation of the export of gold, and to an im- provement in the franc

It does not follow, however, that these satisfactory indications are accompanied by universal optimism with regard to the future.

The "Journée Industrielle" points

CONSIGNEES". NOTICE.

THE BEN LINE STEAMERS, LTD.

FROM LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS,

THE 8.3. "BEN LAWERS."

82

442 443

164.42

142.13 184.42

-1

52.91

40.66 62.87

25.16 103.44 68.60

Low: July 18. Jály 20. Change 154.42 01 up

62.01

.64 up 28.23.36.01 35.37 .99 up 88.92 103.27 103.35 .08 up 55.59 unquoted 64.71 Business Done:-1,420,000 shares.

Last Bale

แ

July 18 20

Stocks

121

G. Westers Sugar

+4

125 1351

Humble. Ol............

Last Sale July 18 20 354 38 671 671

Int. Harvester Co.... Int. Nickel

812

821

501

51+

14

13%

manufacture of war material are

Loew's Inc.

421

44

511

514

Lorillard

And yet, revolutionary as these in-

237

241

McKesson & Rob-

novations are, the Minister of the

4240

434

bing Inc.

Monsanto Chemical

Montgomery Ward...

957

95ல்

lence and without the loss of a

Nat. City Bk !!.....

431

431.

single lite.

411b

41

Nat Dairy Prods....

271

27

Nat Distillers 284

281

Nat. Power & Light

13

New York Central...

401

North American ...

334

13 302 348

Northern Pacific ....

Facific Gas & Elec, Pacific Lighting Packard Motor

201

404 409

577

581

Paramount Picture

Incor:

10%

11

01

83

out to-day that gold exports have.

CONBIGNEES 1. Cargo mis hereby

Pennsylvania,

R. R

Phillips Petroleum 45%

361

367

perhaps, been suspended because

informed that all Goods are being

461

there is no further avaliable capi- landed at the risk into the bazardous

157+

Pure Ou Co

13+ 47 b

Pub. Service of NJ.

472 481

201

21

4810

Radio Corpn

113

12

Radio Corpn "B"

$5 of

bidsł

10610

Reynolds Tob B... 654 Schenley

Echenley 51% p...

Bears Roebuck .....

Bocony-Varutim,

391 98 787 701 1414

552 19 991D

9thm. Cal. Edison 30% .31+

Sthen. Pictile Millen

Etand. Brands

Stand. Gaa Y Elec

371 161 B

387 16

Stand. Of of NJ... 65 641

131

Sterling Prods....... 724

731

334

swift International 1304

731

734 Technicolor

*261

61

191

Texas Gulf Bulphur : 35 Transamerica

131

48 .444

20th Cent. Fox Fum.

COIDELI

221

71

20th Cent. Fox Film,

pl.

164

137

Un Carbide & Car-

bon

201 27

35 b 351

051 954

-241

Un. Pacific

135

135

Ua. Aircraft (New)

261

253

53

*773b78)

Un Airline Tra 18

171

221

Un, Corpn

8

8

Benguet Con.

12.30

87

Benguet Explor

20+

21.

Un, Corpn.: $3 eum.

Big Wedge

39

38

161

Dr.

411

471

57 b57.b

Un. Gas Improve-

"

Demonstrations

88

90

401

ment

171

171

Itogons

1:15

.1.15

Masbate

57

57

[ tively.

Northern Mining

22

22

U.S. DOLLARS,

Paracale Gumaus

40

41

IN THE AFTERNOON

Chen, Foods Gen: Motors

41.

U. B. Indus Alcohol

35

361

694

IX.L

1.90

1.60

San Mauricio

03.

Buyoca

32

32

IN STERLING

United Paracale

78

Market

Business was done at 32 5/16 for Gen. Bly. Bignal The market was easter in the July delivery. The market clos-cold Budi afternoon.

ed with ema ellers at 32 (1/7 Goodrich Tvis July, 32 3/16 Angust October and | Goodyear- 79 Business was done, at 1/3 13/32 32 1/8 November-December. Buy Quiet Steady for forward and near, finishingers at 1/18 higher respectively.

371 381

631

13

Vanadium

201 201

101

Warner Bros. · Picts:

114

Westinghouse | Pieć: 1344

the Rly DL38

Call Moris

19%

111 1334

··1%

1

ber:

Spot Aug-Sept,

Oct.-Dec. Jan.-Mar, Market:-Quiet

27 cis, up ct.

271 cts. up i et 27 cts up t 271 cts. up' ct.

1

uphi

PHILIPPINE MINING

The

RATES

Tuesday, July 21..

are to-day's following opening and closing rates on the Manila Stock

Antamoks Atoka Bagulo Gold

Opening ClosINE

PB. P6.

3.20 3,25

cepted for August July and cash and a transaction was also report- ed at 1/3 13/32 for December. The market closed at 1 pm. with Ballers at 1/3 7/16 cash and -1/3 13/32 July-December. buyers at 1/32 higher respectively.

U.S. DOLLAES Business was done during the early part of the morning at 32: 6/18 for September delivery, 32 3/8 was also arranged for cash. The market closed at 1 p.m. with sellers at 32 5/16 for cash, 32 1/4 July-October and 32 3/18 Novem ber-December, buyers at 32 3/8 for cash, 32 5/16 August-October and. probably 32 1/4 November-Decem- ber.

AHANGHAI DOLLARS

Opened early in the morning with business done at 107 1/2 for

53 cash followed by transactions at 23107 9/16 October. There were 12.30

sellers at 107 3/8, buyers at 107 1/2 for cash.

Cements, 394. Consol. Mines. „06) cts.

Fales

Wharves, $87. Providents Old. $1k.. China Lights Old, $10.90. Demonstrationis, $1.35. Gold Creek, 17 cts, Northern Mines c.rts.. 38 ct Paracale Gumaùs, 68 cts. Atoka, 85/89 cts.

。",:,,·

Chesapeake & Ohio 881 Chrysler Columbia Gas & E.

116

21'

« * T % F F C C F C ⠀ ⠀ ⠀ ⠀ ********* • ¿a¢3⁄4×¢§¤g** • Exa¤F*±‡ Ø忶¤ @ 6567788ETTO A

68

15

34.-31

C. G. & E 6% 'A' pt. 1051

Credit Commercial Comi. Bolvents Comm, & Southern

(ard.). Comm. & Southern

(ord.) $ cum, p. 76 41 Consalid Ges of N.Y. Consolid. Dil REICHSMARK RATES

Continental, 00...... Hong Kong Dally Presa" Special) Com. Products

Berlin, July 20.

Curtis Wright (C) The Reichsmark was quoted Curtiss Wright 'A... (without guarantee) at:

Delaware & Hudson Distiers Corp Sea-

New York

Paris .....

Amsterdam

London

40.30 608.75

59.22 12.4875

Transocean News Sérovca.

STEMS Douglas. Aircraft

Du Pont de Nemours 1644 Paris quoted the 'Pound Sterling Electric Boat......... at 75.97 to 76 and the U.S.A. Dol-Elec. Bond & Share lar at 15.095 to 15.090.—

Kec. Band & Share

£5'pl. mini Hec. Bond & Share

$8 pf. with small sellers at 1/3 13/32 Elec. Power & Light There were sellers of Sterling at July and 1/3 378 August-Decem- Gen. Cigar 1/2 3/8 and US. Dollars at 30 1/8ber buyers at 1/92 higher respec- Gen: zerle for cash,

SHANGHAI MARKET.

US Khober

D. 8. Btex.

Band

Godown Co

tbe wharves

Deftery may be

from btained.

خون

tal to take away, or perhaps be- and/or extra hatardosh Godowns of the cause it is gently required at Hong Kong and Forkou home to meet the demands created by the new Labour, legislation.

No Claims will be admitted after tha Moreover, all the newpapers bf Goods have left the Godown, and delivered after the Right express considerable Goods remaining pessimism with regard to the post-25th July, 1936, will be robject to Heute All Claims against the Steamer must tion when the increased production;

be presented to the Undermignied on ov costs resulting from

Before the "8th Aug, 1988, 'ör They wages cause the small factories to will not be recognised.

increased

close down, thus adding to the To complyh the General Banded unemployed, and make it impossi-Warehouse Regulations, consignees must

ble even for the larger factories to sell at prices which can compete with imported goods,

Revenue Offer in attendance arimided antiable goods are

when examined

“All brošten, comfod ând dariagad Goode fire to be left in the Godowna, where shey will be samined on the 2ord July 1986, 5 sa by Kenny." Carméliolta Ulark.

by:

No Fire lessrande has been efected. Bills of Lading will be countersigned LOXLEY & CO. (OHINAY LAD. Agenta.

[467]

Hong Kong, 20th Julz, 1986.

SOVIET AIMS. Nevertheless,

Bless, it is not only on the Right that there are signs for anxiety, many" Radicals and Sor cialists fear that the recent "stay- in" strikes may eventually lead to W a movement towards direct opera tion of the factories by labour.

They especially fear that such a movement, may be inspired from Moscow by motives placing.Russia's than Russin before his 'enormous interests before those of the French war machine has either become working class.

out of date or has brought down This, of course, is also the view the German financial edince with of the extreme Right, and it is 'de- | a crash, s veloped in an exaggerated form by The argument is that although to-day's "Action Francaise" which Moscow would a short while ago says it has reliable Information have preferred a strong France as that the Soviet, intends to start an ally," it now, considers that as new labour troubles in France in the German Rhineland fortifies August, and to carry them to the tions will prevent France from giv point of political revolution, ing any effective assistance to The Bovlet's object, according to russis when the later is attacked, the "Action Francaise)" is to create it is preferable that the German such anarchy that Herr Hitler may onslaught shall be diverted west-

wards.

be tempted to attack France rather