CONSIGNEE NOTICES.
NORDDEUTSCHER LLOYD:
BREMEN.
THE Steamor.
T
"SCHARNHORST "
THE EXCHANGE MARKET
MESSRS ROZA ‘BROS.
Hong Kong. Dec. 8. Silver prices were unchanged having arrived from BREMEN, HAMBURG and Ports, Consignees, of yesterday the quotations remain- Cargo are hereby actifel that their cargoing at 215/18 for both deliveries. is being loaded at their risk into the Silver advices reported China as Godowns of The
Wharf and Gong Kong & Kowloon having sold, India bought The
In America the quoted at 45 3/4 for
The London-New York cross- rate was quoted at 4.89 7/8. New York-London" was "quoted at 4.90
Co., Ltd., Kowloon, market was quiet where delivery can ba obtained.
Consignes S0
was are further notified that rate
has
Spot, the Steamer
ARNHORST taken at HAMBURG and BREMEN through cargo for HONG KONG or 8.S. Tozow", S.S. "ELE, S.S. JADE S.S.JELD". S.S." KONG SIGURD'
8.8. "PAIAMUS" and S.S. STRAUSS" from GUYNIA, COPEN- | HAGEN, OSLO and KOTKA.
All goods remaining undelivered after the 18th Dec., 1936, will be subject. to cent
NO FIRE INSURANCE will be effected by usin say case whatever,
Damaged packages must be left in the godowa for examination by the con- signees and the Company's worvayors, Mresza. Anderson & Ashe, at 10 am.on the 14th Dr., 1838,
Consignees must have a Revenue Officer is attendance when damaged datiable goof are uxamined by the
surveyore.
Company admitted after the
No claim goods have left the godown and all! claims must be presented within Two Weeks of the ship's arrival hero, after which date they will not be recogniaed,
Consignees are requested to surrender their Bills of Lading to the undersigned for contorsignature.
MELCHERS. & CO.. Agenta: NORDDEPTACHER LLOYD BREKEN. Hong Kong, th Dec., 19/0. (4869
41
NOTICE TO CONSIGNEES
DUBAN STRAM SHIP CO, LTD),
AND
CHINA MITTAL STEAM NAVIGATION CO., LTD.
CONSIGN HECTOR"
MONSIGNEES por Co,u Vossel
Faox UNITED KINGDOM VIA SINGAPORE.
Are bereby notified that their Cargo will be discharged into Holt'e Wharf, Kowison, where it will lie at Consignees risk and abject to Terms and Conditions of Storage at Holt's Wharf. The Carge will be ready for Deliver from Godown on and after 5th Dec.
Optional Cargo will not be landed here anies Notice has been given prior to Steamer's arrival, but carried on from port to port to the final port of call to which the option extends.
All broken, chafed sod damaged, finoda are to be left in the Godowns, where
they will be examined on any Tuesdays ad Fridaya between the hears of 10.45 . ad Noom within the Free
Storage period
No Claime will admitted after the Goods have left the Steamer's Godown, and all Goods remaining undelivered after the 12th Dec., will be subject
3/16.
MARKET
Steady but nothing doing.
STERLINGE
HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 9, 1936.
PASSENGERS
Departures By Tjibadak
The following passengers sailed on the as "T]ibadak" yesterday: To Manila: Mrs. D L Daug- harty, Mr. J. A. Cowan, Mr. Dy Kim Tho, M'ss C. D. Miller. Miss A. B. Erwin..
14
To Bali:-Mr. R. D. Hemming. Miss E. M. Knight, Mrs. John H. Kimball, Mr. and Mrs. H C. Bacorn. Dr. and Mrs. H. R. Hilde bran Mrs. P. T. Lee, Mr. E. J. Burke, Misses M. and L. Bacorn, Mrs. Mary L. Wood, Miss Helen Wood, Mr. and Mrs. Nick Barzut, Mrs. J. T. Sweetland, Mrs. A. Poppie, Jr.
Small sellers at 1/2. 31/33 De- To Soerabala:—Mr. G. L. Gar- tember-January and 1/2 15/16 land. Mr. and Mrs. B. W. Gale, February-March and probably | Mr. and Mrs. M. Marx, Miss Ruth April, buyers at 1/3 December Marx, Mr. and Mrs. W. S. Lain- February and probably 1/2 31/32 bert, Mr. M. J. de Blank, Mr. and March-April, No transactions were Ms. P. Ridder, Mr. J van den reported in the local market. Bos.
U.S. DOLLARS Small sellers at 30 9/18 Decem- ber and 30 1/2 January-March. buyers at, 30 5/8 December-Febru-
ary and 30 9/16 March-April
SHANGHAI DOLLARS Sellers at 102 13/16, buyers at 102 1/8 for cash.
SHANGHAI MARKET There were sellers of Sterling at 1/2 17/32, buyers at 1/2 9/16 for | Spot US Dollars, sellers at 29 11/18, buyers at 29 3/4 for Spot
IN THE AFTERNOON The market remained dull in the afternoon.
"IN STERLING
The market closed with sellers at 1/2 31/32 December-January¦ and
NEW MASTER INSTALLED
Edinburgh Merchant Company
REVISION OF
CONSTITUTION
PROPOSED
1/2 15/16 February-April. [' "The new Master of the Edin- buyers at 1/3 for any delivery.
U.S. DOLLARS
The market closed with sellers at 30 9/16 December, 30 1/2 Janu- try-April, buyers at 30 3/8 Decem ber-February and probably 30 9/16 March-April,
BIG DIVIDENDS IN U.S.
Largest Payments In History
burgh Merchant Company, Mr. W.
· Kinloch Anderson, and the new treasurer, Mr John G. Galloway, were formally installed at annual meeting of the Company in the Merchants' Hall recently. į
}
The fact that the members are about to celebrate the. 255th an- niversary of the founding of the Company lent special interest to a li suggestion by the retiring Master. Mr. R. H. Munro, that it was time that the constitution of the Com- to date. pany was brought up Mr. Munro discussed the matter from a membership viewpoint.
"Eligible young men of the city," he said, "for one reason or another Immediately respond to appeals to them to become mem-
do not
WAGE INCREASES TO bers. Times and conditions have
very widely changed since the rules governing our constitution were framed, and it might be wise and proper to revise many of
them."
1,250,000.
Dividend payments br the American industry approached an all-time record
gth; recently estimates of disbursements ap- proximating £100.000,000.
Fifty large companies announced **All Olaima‘against the Steamer must te presented to the ladereigned on or increased, extra, or special pay- before the 26th Dec, or they willments before the end of the year not be recognised.
Lo Rent,
No Fire Insuranc. wil be effected
BUTTERFIELD & SWIRE
Agents.
5th Dec., 1936.
५५
PRINCE LINE.
NOTICE TO CONSIGNEES.
Fax
4505
totalling more than
€13,000,000. ali over and above the regular quarterly dividends.
In addition wage increases 02 25,000,000 have been given to 1,250,000 employees. Before the end of the year it is likely that the huge sum of £200,000,000 will be showered on stockholders and the staffs of hundreds of corpora- tions. To swell the golden flood still further, employers have an- NEW YORK AND LOS ANGELES ceeding £5,000,000.
nounced Christmas bonuses ex The cotton textile industry, em- ploying more than 400,000 hands, has raised wages about 10 per cent, making it, the Ath large industry to take this action in the past fortnight, the
others being the steel, car, rubber, and meat- packing industries.
16E Motor Vessel
T having arrived from the above Corts on 4th Dec., Consignees of Cargo are here by in formed that their Goods are being landed at rika into the Godowns of the Hong Kong and Kowloon Wharf and Godown Company, Limited, Kowloon, and stored at Vonsigues' risk
"CHINESE PRINCE "
sad
охресве
All broken, chafed, and damaged Goodr are to be left in the Godowns, where will be examined on Thursday, they 10th Dec., 1936, at 10.A.M.
All Claims must be presented within 15 Days of the Vossel's arrival here, after whier date they cannot be re- cognized.
CHRISTMAS BUYING RECORD The Coca-Cola Company an- nounced a month's extra pay for employees, and the General Foods Corporation distributed a bonus of two weeks' salary.
genuine business improvement.
The chief explanation of sach generosity lies in the new Federal surtax on undivided. profits, al- No Cisims will be witted after the Goods have left the Godwis, and although the wage increases were Goods remaining undelivered after the generally accepted as signs of a 11th Dec., 1938, will be subject to Bent, No Fire Insurance has been effected, Bills of Lading will be contarsigned FURNESS (FAB EAST), LTD.,
Pud Floor, Hongkong & Shanghai Back Building. Dials 23155 & 23189.
Gong Kong, 4th Dec, 1986.
LOCAL MAPS
Peak District,
Κονίσου,
Victoria, New Territories
To business men throughout the country this distribution of mu- lions of dollars in cash promises a greater volume of Christmas buying than in any year since 1929. Up to to-day nearly 100 better-known companies in Anteri- ca had announced extra or in- creased dividends, and more are being declared every day,
The feature at the opening of the Stock Exchange to-day was the sale of a block of 10,000 shares in Radio Corporation at $13, a rise of $11. After this the volume of smaller orders caused the "ticker" to lag behind the floor.
Among the most active sipeks, were Montgomery Ward and Wool- worth's, which reached new high levels.
General Featrie and Curtis Wright were also higher, while HONGKONG DAILY PRESS. United States Steel at 8771 showed
rise of 1.
J
The new Master considered the
NEW YORK STOCK EXCHANGE
(Through Renter's Service;
"QUOTATIONS
Now York: December 8.
New York/London Crocrate Now York Cotton-Mar. New York Rubber-Alar, Chicago Wheat May Chicago Corn ..May Silver-Official
40 Bonds
11 Commodity Index 76.84
Stocks
Adams Express........ Allis Chalmers Amer, Can
Am. Car & Foundry Amer. Cyanamid Amer. & For. Power Amer. & For. $7 pt. 521 523 Amer. Locomotive ...
Amer. Metals "Amer. Radiator
+
Amer. Tel. & Tel... 1871 Amer
Tobacco "B" 993 Amer. Waterworks... Anaconda Copper
Atchison, T. & S. Fe.
Atlantic Refining Atlas Corpn........ Auburn Motors ...... Baldwin Locomotive
$7 cum. pr. Baltimore & Ohio... Barnsdall Ol
Bendix Aviation Bethlehem Steel Boeing Airplane Borden "Co. ......... Briggs Brooklyn-Manhattan
Trans
- 8 = + 7 × 3 3 3 5 7 7 5 2 ***
***
F***
Mfacturing .681
Brooklyn-Mannattan
$6 cum, pt. Case. J.I. Canadian Pacioc Celanese Corp. of
America
*
Last Today's.. High Low Close Close Change
4.90 4.00-3/18 3,16 op 12.09 11.94 11.08 19/0 dup 18.30 18.88 18.28 10.15
.13 of 112 120 190 191 104 103 103 104
431
48
༄ཨྰཿཀྰཧྥེ8ཚོཔྤཏྟ
བྷྱཿ
Kennecott Copper. Lambert Corpn. Loew's Inc. Lorillard
McIntyre Porcupine
IN
NEW YEAR
SINGAPORE
13
£15.0.0 RETURN TOURIST CLASS
£20.0.0 RETURN FIRST CLASS
S.S.. "SCHARNHORST"
4
MELCHERS & CO.. Agents.
NORDDEUTSCHER LLOYD
BREMEN
Canton Agents: Jebsen & Co., Shameen, BC.
'BENARTY"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH on or about the 9th December.
Cargo will also be accepted on through Hill of Lading to the usual transhipment ports.
Next Sailing for SHANGHAI & JAPAN
14th Dec.
S.S. "BENLEDI”
For Freight and Passage apply to:-
W. B LOXLEY & CO., (CHINA) LTD., York Building. Agents:
1 up
-.1 up
1936
Doc. 7.
LEAVING HONG KONG
DECEMBER 95-
Dow Jones Averages
30 Industrials
20 Ralle
20
Utilition
High Low Dec. 6. 185.39 163.11 181' 5 60.45 40.39 . 14.10 36.16 29.03 35.28 105.83 98.92 105.80 56.68 78.83
Bigh Low Close 1314 170.71 18 13 64.55 $3.89 54.10
Change
DUE MANILA
DECEMBER 27
$% off .46 off
DUE SINGAPORE
DECEMBER 31
35.35 34.80 34,03
105.78
.35 of .03. off
S.S.
'POTSDAM"
75.37 .14 off
LEAVING SINGAPORE
JANUARY 6
Business Done: −1,680,00° shares.
DUE MANILA
JANUARY 10
Last Sair
Last Sale
DUE HONG KONG
JANUARY 12
Dec. 5 7
151 154
681 691 119
Stocks Great Northern Rly. Great Western Sugar
Dec. 5.7
332 381
Queen's Bldg.
Telephone 97779.
39
391
1184
Holly Sugar Corpn.
Humble OR
741
731
351 7
34
Int. Nickel
61
[80]
Int. Tel. & Tel. Int. Dept Stores
13
12
291 24
37
$7
191 191
631 631
Amer, Rolling Mill.. Amer. Smelting
231. 231
*94
95
Amer. Steel F'dries... eqi Amer. Sugar
59
McKessori & Robbins. 453". 451*
56
Monsanto Chemical 984
961
Montgomery Ward.. 65+
65+
S.S.
994
Murray Corpn. .......
18
181
251 251
Nat Cash Registor
31
303
473
Nat Dairy Products 24
231
721
Nat Distillers
301
301
317
Nat Power & Light
11
111
16
New York Central...
431.
424
• 33
Niagara Fudson "P.
Corpn.
161
181
.807
North American'
311 31
211
Northern Pacide
261
261
20
Pacific Gas & Elec.
371
96
Pacific Lighting
481* 48
711
Packard Motors
114
11.
30+
Paramount
211 23
261
Pennsylvania RR.
401
401
581
Phelps Dodge
532
531
Phillips Petroleum.
471
461
531
Public Service of NJ.
483
481
Pullman Inc.
624
621
1014
Pure Oll
101
184
153.
153
123
Radio Corp of Am. Republic Steel
113
111
Tel. 22633
201
26
Reynolds Tobac. "B"
5
581
271
St. Joseph Lead Co.
414
-40
671
521
53
131
Schenley $1% pf.
98 071
87
Sears Roebuck
071 963
68
121
Shell Union Oll Socony-Vacuum
201 26
16
16
171" Southern Cal Edison
.30
291
102
Southern Pacide
42
401
72
Southern Rly 6% pf.
47분
47
151
Stand Brands
151
Stand Gas & Elec.
61
7
$6
Stand Gas & Elec.
71" $1 pr. mi
ర
50+
45)
Standard Oil of N.J.
661
661
141. Sterling Products
+9
731
731
381
70
Swit International Technicolor
321
314
21
211
74
Texas Gulf sulphur
491
40
201
Tidewater Assoc. Oll
20
197
Timken-Detroit Axle
46
271
37
Transamerica ANADIAN
171
173
93
20th Cent. Fox Films
342
36.
20th Cent. Fox Flims
26
pf,
45.
454
Un. Carbide & Car-
bon
102 1021
124
Un, Pacific
191
United Aircraft
Elec. Bond & Share
$5 pf.
69
691
Ur Airline. Tranz
port United Corps.
18
174
78
79
United
$3 Corpn.
B7
62
191
19
cum pí.
り
Un. Gas Tprovem't
441
£4+
141
351
.351
361 381
Un. Light & power
"A"
B
321 317
50
U.S. Industrial Alco-
tol
6
50
407
4031
51
U.S. Rubber ***
451
45
402
US. Rubber $8 pi
able British
262
96
US. Steel
Vanadium
741
741
16
151 Warner Bros Pict
243
231
242
244
Westinghouse- Elec. Youngstown Sheet
17.
145
13
& Tube ...
201
23
Chase National BL National City Bank. Call Money
1 ex. diy,
• BIO
=
*******
Cerro, de Pasco ...... CertainTeed. P'ducts 139* Chesapeake Corpn. Chesapeake & Ohlo Chrysler Corpn... 1233 Columbia Gas & El. Columbia 6% "A" pf. Commercial Credit Commercial Solvents Commonwealth & S. Commonwealth
cum. pi...union. Consolidated Edison Consolidated" Off- Continental Ou Corn. Products ...................
suggestion a wise one, and thought Curtiss Wright (C)
it should be attended to by a special committee. It will be one of my first duties." he assured Mr. Munro, "when the new board gets together, to have this matter gone into." He indicated that it might be possible to have a report sub mitted by the end of January.
TRADE AND FUTURE PROSPERITY
Mr. Munro, in his valedictory
Curtiss Wright "A"
Delaware & Hudson
Del Lackawanna &
Western
Distillers Corpn Bea-
grams
Douglas Aircraft Du Pont
Electric Boat
Elec. Band & Share
address, spoke of the increasing Elec. Bond & Share prosperity in the country and of ¦ $6 DI
the
********
*
*æä
401
681
ཛོ#
ྂ ནྲྀaནྟི
བླློཊྛཀྑadge##
cvརྱཚོeགྀ་ོ
182
& Rg ནཱ ༔ ed, 3བྷུཙྪོཙྩུཏྟཡྻསྶ ཕཀྐོa,
confidence rapidly being Elec Power & Eight restored. As traders they aust Elec Power & Light recognise, however, he said, that
$7 Dr. ultimate and lasting prosperity Firestone Tire & R could be achieved only when Inter- Fiintrote national barriers were 'broken Gen, Asphalt down, trading facilities more nor- Gen. Cigar mal, and a freer flow of commodi-
Gen, Electríð ties and productions possible be-
Gen. Foods tween one country and another.
Gen. Motors He dealt with the progress, c1' the various funds administered by the Company-widows' fund, edu- cation board, superannuation, and charities board-of a total capital
Gold Dust of £1,351,896.
Goodrich (B.P.) Goodrich $5.pf. The Merchant Company schools Goodyear continued to prosper. For the second year in succession Daniel Stewart's College topped, the Hat for the bursary examination at Edinburgh University.
Gen. Rallway Signal - 51 517
..
Gillette Safety Razor Glidden
*
STOCKS OF TIN INCREASING Quota Reduction Urged
Schenley
125 1261 271 263
441
18 1441
-61 80k
441* 437⚫ -37 $37. £% 1%
THE BEN LINE STEAMERS, LTD.
BIG POWERS
ARM 'PLANES
WITH CANNON
Britain The Only Exception
PUT MACHINE GUNS OUT OF RANGE
BY MAJOR C. C. TURNER, "Daily Telegraph" Air Correspondent
Britain's policy of restricting herself to single-seater fighting 'planes and ordinary machine guns and not developing aeroplanes armed with sunati cannon as well as machine guns, has been criticis ed at the Paris Aero Show.
H
LONDON'S THIRST
36 Gallons Of Water Per Head Daily
During the year ended March 31 the Metropolitan Water
Board supplied 102,340.9 million gallons. a dally average of 279.6 milion gullons, says the Board's 33rd annual report issued recently,
WILS
The daily average supply 17.9 million gallons more than in the preceding year, but in 1934–35 the consumption was considerably reduced by appeals for economy to abnormal conditions,
The dally average supply per head was 36.54 gallons, an increase of 1.67 gallons compared
with 1934-36,
The estimated population supplied by the Board, exclusive of bulk supplies, was 7.859.245, an increase of 146.776 during the year...
A March 31 last the quantity"
The principal surprise of the Show is the number of 'planes of water in store was 19,251.1 mil- armed with' cannon.
lans, or 68.9 days' supply accord- Great Britain has almost comi- ing to the consumption of the pletely neglected this weapon. I¦ year, The total capital debt of understand that there is no sult the Board given as £54,058,360.
gun of this class, Noe have British aeroplane de-
signers recently been asked to consideration, and that it produce aircraft carrying them, likely to prove a deterrent. although the Perth ying-boaz carries a small gun.
on
The class of gun referred to may be between 20 and 37 mm, calibre. It must fre a high-explosive shell at a reasonable rate, and for use'
seroplanes must be "BOD reactive." its recall being neutra- lised as much as possible...
Anti-tank guns are of about the same calibre, but their production in Great Britain has not been taken up seriously
1,000 YARD RANGE
most
There are at least two American small cannon suitable for aircraft, and one of these, it is reported, may be manufactured in Great
Britain.
PARACHUTE FLAREN
Another criticism of British policy lathe apparent small provison for the use of parachute fares from aircraft. except for occasional landing purposes.
Even at the quota were left un- changed the stocks during the first "Only a few days ago," Mr.
quarter of 1937 should rise by any Munro added proudly, "one of our
thing up to 2,000 tons monthly, the schools sent another of its sons
circular adda Thus, by the end of
The parachute fare will play co to take his place in Cabineb rank.”
March, the world stocks might be He referred to the new Minister
important a part in any air war between 28,000 and 30,000 tons, London, Dec. 7. of. Agriculture. Mr. W. 8. Morrison,
Every Power except Britain ap- of the future, that it ought to be which is substantially in excess of Vivian, Younger and Bond, Ltd., the needs of the trade.
a special study, for pears to be acting on the assump-
equipment a former Watson's pupil
With their present accommoda- to-day, with respect to the tin pro is to raise stocks to 25,000 tons, this against
metal brokers, in a circular issued
tion that formations of heavily-purposes, reserve stock and tacti- tion the Company's schools were duction control, state: "We feel
But if the Committee's objective armed bombers will be secure cal training.
T finding it difficult to meet depart that the International Tin Com-
attack by single-seat Hostile bombers operating aver can still be achieved by, the end of fighters afted with ordinary land or approaching ships at se mental requirements, but all pos-mittee having met the outcry from February on the basis of a 95, per machine-guns, and that the only sibilities of extensions were being United States consumers by the cent. queta, which would increase weapon to deal with them in the pend upon fares to a great ex- or in "harbour will certainly de- last generous increase, might well stocks by 1,000 tons monthly. The air is the shell-firing gun with an tent. Flying above these fares, consolidate the position if they re-expectation or a 95 per cent quota effective range of 1,000 yards or
their bomb, sighters will see the duced the quots again to a level is widely held, though some in- more,
objective brilliantly luminated. which will still provide the neces fluential quarters believe the
When attempting to attack bom- but the artillery defenders whether sary metal without creating a stock statistical position would warrant a bers armed with small cannon on land or at sea, will be blinded whichi' will become unwieldy
90 per cent. quota.
a single-seater nighter with or by the fare and unable to use London, Dec. 1. The circular continues by point- It is pointed out that minor dinary machine-guns would be their weapons with any degree of The Sales Control Committeeing out that the expected increase technicalities of distribution and under the enemy's fire, and its precision. to-day advanced the price of spat of 1,000 tons of stocks at the end voting rights must be settled before own guns would be unable to reach Muntok in bond to Sid, and duty of December would bring up the a new Committee is able to fix a the target. Moreover, the damage paid to dd, and limited quantities world's stocks to 25,000 tons, which quota, otherwise in the intervenina inflcted by machine-gun ballets Bre being offered at the above in the lower limit of the Inter- period an unrestricted output is is rarely serious, prices.
national Tin Committee's supposed | envisaged.
It is agreed that the counter Bruter
objective of 23,000 to 25.000, tona,
Reute
offensive is the most important
explored.
PEPPER PRICE
Tala is an additions argument for the arming of fast twin-engine multi-seater fighters with artillery turing explosive shells, for they would constitute a risk an enemy could not afford to ignore.
No comments yet.
Private notes are available after approval.