THE TAIKOO DOCKYARD & ENGINEERING COMPANY OF HONGKONG, LIMITED.
ENGINES.
BUILDERS OF ALL CLASSES OF SHIPS. BUILDERS OF RECIPROCATING STEAM E BUILDERS OF MARINE AND LAND BOILERS, BUILDERS OF TURBINE MACHINERY
Under License From Messrs. Parsons.
BUILDERS OF DIESEL ENGINES
Under Special License
. From Messrs. Sulzer Bros., Winterthur.
Licensed To Manufacture Lanz Perlit Iron, Specially Suitable 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.
"
BUTTERFIELD & SWIRE, Agents,
HONG KONG, CHINA & JAPAN.
TEL ADDeam: "TA1500dock," Hoxo Koro,
TELEPHONE: 30211
CALL FLAG: "NUmrzal Ünz "Ovax * PENNANT ANR.”
Men's & Children's
Warm Clothing Urgently' Needed.
Small Suits (men's) Sweaters, Socks, Shirts Overcoats and Shoes.
HONGKONG BENEVOLENT SOCIETY
HONG KONG DAILY PRESS, FRIDAY, JANUARY 22, 1937.
THE EXCHANGE
MARKET
MESSES. ROZA BROS.
Bliver prices dropped 1/8 yeater- day for both deliverles, the quota- tions being 20 3/8 for Ready, and | 20 1/4 for Forward, Silver'advices reported India and China as hav-. ing sold. There was lack of sup、 port. After the official-fixing the market was firm and business was -done`at 1/18 over the quoted rata owing to some Indian demand. Bellera were rather reserved. American Bliver was quoted at 44 3/4 for Spot.
The London-New York cross-ruta: was quoted at 4.90 3/4. New York- London cross-rate was quoted at 4.90 21/32.
15
MARKET "Steady but very dull.
STERLING
No business was reported. There were sellers at 1/2 31/32 January. June, buyers at 1/3 for any de- Livery.
W.S. DOLLARS
A small business was done early in the morning at 39 5/8 for March. The market closed at 1 pm, with sellers at 30 5/8 January and 30 February-June, buyers at 30 11/18 January-February and 30 5/8 March-June.
SHANGHAI DOLLARS Nothing doing. There were sell- ers at 102 9/18, buyers at 102 5/8 for cash.
NEW YORK STOCK EXCHANGE
(Through Renter's Sorrice,
Now York: January 21,
QUOTATIONS
New York/London Cross-rate New York Cotton--Mara Now Tark Rubber-Mar. Chicago Wheat May -Hay Chicago Corn Silver-Official
Dow Jones Averages.
So Industrial
-80 Utilitie
30 Railr
1936
Change
:.01 o
Last Today's High Low Close Close
4.50-39/3114,9C-91/38'}°68 12.44 12.28" 11.44 1943 21.30 20.90 3078 · 21,22
1311 129 1301, 136 (19) 1112 108 110 1107
High Low Jan. 18 "18664 14311,1840# 80.48 40.68 56,00 37.7238.23 36,81 106.01. 98.82 108,78 11 Commodity Index 81.87 55.58 18,18
40 Bonds
Am. Car & Foundry Amer. Cyanamid Amer. & For. Power 1212) Amer, & For, $7. pl. Amer. Locomotive ...
453 Amer. Metals Amer. Radiator
Amer, Rolling Mill... 344 Amer. Smelting ..... 951 Amer, Steel Fdries. 68% Amer. Sugar ............... Amer. Tel. & Tel... 183 Amer, Tobacco "B" 97 Amer. Waterworks ... 27) Anaconda Copper 531 Atchison, T. &.8. F. 76 Atlantic. Redning
321 317 Atlas Corpn....... 174 171 Auburn Motors ...... 311 31+ Baldwin Locomotive
Si cum. pl.
67. Baltimore & Ohio... 23 Barnsdall OU
30+ Bendir Aviation ..... The market was quiet m the Bethlehem Steel 751
Boeing Airplane Borden Co............ 371 Briggs M'facturing 531 56 Brooklyn-Manhattan
SHANGHAI MARKET There were sellers of Sterling at 1/2 19/32, buyers at 1/2 5/8 for cash. US. Dollars, sellers at 29 13/16, buyers probably at 29 7/8 for cash.
IN THE 'AFTERNOON
afternoon..
STERLING
In sterling no business was re- ported, finishing with sellers at 1/3 31/32 January-October, buyers at 1/3 for any delivery.
U.9. DOLLARS
The market closed with sellers at 30 5/8 January 30 0/18 Febru- ary-June, buyers at 30 January-February and March-June.
Trans
Brooklyn-Manhattan
Cerro de Pasco 831
THE DEPRESSION Chesapeake & Ohio 888
··Jan. 20,
High Law Close Change 186.69 18410 185.56 1.94
58.66: 14.08: 6544 $7.08 36.47 - 38.71 .07
€106.72~205 off 7814709 off Bazine Dons:-3,270,000 shares,
44
THE
CHINA-SIAM
LINE.
** **RELIOS" 6. "HIRAM
HONG KONG BANGKOK
lowring Hong Kong And January via Swakow eaving Hong Kong 28th January vin Swadow HONG KONG SWATOW-AMOY 10.5. "HAI HING" leaving Hong Kong 15th January, - Accepting Passengers & Cargo for all the above metioned ports: HONG KONG HINGAPORE PENANG RANGOON. „Regular, Express Service,
HAY HING* leaving Hong Kong 30th January Accepting cargo for all the above mentioned ports.
Excellent passenger accommodation available; freight, passage rates and all other information-Apply THORESEN & CO., LTD.
General 'Agent,
Queen's Building.
S.S. "BENAVON"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH on or about the 9th February.
Cargo will also be accepted on through Bill of Lading to the usual transhipment parts.
Next Sailing for SHANGHAI & JAPAN S.S. "BENMOHR" 5th Feb.
For Freight and Passage apply to :--
W. R. LOXLEY & CO., (CHINA) LTD.,
York Building, Agente:
THE BEN LINE STEAMERS, LTD.
CONSIGNEES" NOTICE.
THE BEN LINE STEAMERS, LTD
FROM LEITH, MIDDLEFBRO', ANTWERP, LONDON AND STRAITS.
Stocka Adams Express ...... Allis Chalmers ...... Amer, Can
Last Sale Jan 19 20
Blocks
18 18 781 80 115 1121
Last Bale Jan. 19' 20 Great Northern Aly": 431 Great Western Sugar: 377 - 371 Holly Bugar Corpn. Humble Oil
821 82+
Tel. 20337.
341
33
Int. Nickel ...
631 83
ве
861
45%
604 251
B
28
351
951
718
53
533
83
98
271 541
751
རཱམཾནཾཔཱནཾསཾ་་་པ་ས
Int. Tel & Tel. Int. Dept Storės. Kannecott Copper Lambert Corpn....... Loew's Inc. Lorillard McIntyre Porcupine, McKesson & Robbins 4 Monsanto Chemical 99 57 Montgomery Ward .. Murray Corpn.......... 188
35 Nat Cash Registor.. 32 Nat Dairy Products 23 241 Nat Distillers
281 Nat Power & Light 133 New York Central - 43* Niagara Hudson · P.
Corpn. North American ...........
131
137
311
31
60
604
201 21+
731
751
24 241
461
981
671
19
29
13
45#
16
.161
$24
321
231
Northern Paeide Pacific Gas & Elec. 37
201
29
371
#1
781
Pacino Lighting .... 52** 521 Packard Motors
111
117
157
351 361
Paramount
271
271
Tel. 99533
Pennsylvania. R.R. 421
421
Phelps Dodge in.
51
511
11/16
30
5/8
".$6-cum. pl. ******** 101 Case, J.I. 181 Canadian Paclic .... 151 Celanese Corpn. of
America
1011
Phillips Petroleum .. 51 Public Service of N. 513 511 Pulimaa InC........... 68% QV Pure Of .......
212 221
51
1834
151
comm 291
291
r
Radio Corpa of Am. 12} Republic Steel ......... Reynolds Tobac. "B" 574 St. Joseph Lead Co. Schenley
121
57#
432
451
Certain-Teed P'ducta 16 17 Chesapeake Corpa 83
Schenley 54% pl...
97 971
881
Sears Roebuck .......
85
86
871
Shell Union Oil
201
28+
Chrysler Corpn. ........ 1204
123}
Bocony-Vacuum
161
161
Columbia Gas & EL 18
182
Columbia 6% "A" pf. 1041" 1054 Commercial Commercial Solvents 191 201
Credit 671..
69
Bouthern Cal Edison 477 Southern Pacific.... Southern Rly 5% pf. 51+ Stand Brands
493-
262
271
514
157
16
Stand Gas & Elec.
124
121
46
1611 14
44
TO1
701
511
117
1203
261
271
724 794
178
1781
131
137
251
Stand Oss,, & Isec,
$7 pf. Standard Oll of NJ. Sterling Products ... 731- Swift International 31 311 Technicolor *********** 221
221 Texas Gulf sulphur.
40 40% Tidewater Assoc. Oll
20% 201 Timken-Detroit Axle
24 241 Transamerica
******* 181
10: 20th Cent. For Films 20th Cent. For Filma
pf. Un, Carbide & Car-
bon Un. Paclac... United Aircraft
67
674
1,60
721
1301
201
201
774
Un, Airline Trans
port
221
23
by
United Corpn.
71
851
United
Corpn $9
234
cum pl
457
451
Un. Gas Iprovem't
-15%
16
341
43
431
Un. Light & power
"A"
10
101
Tintrote
BO
50%
Gen. Cigar
60+
Bit
37+ 374 US Industrial Alco- hot U.B. Rubber
38
401
517
541
1:
Gen. Electric
431 43
US. Rubber $8 pf. 97
982
Gen,, Foods
56
69
UB. Steel...
.831
864
Gen. Motors
814
821
Vanadium................
Gen. Railway Signal Gillette Safety Razor 213 221 Glidden me
304
311
Warner Bros. Pict,
17
174
Westinghouse Elec. 1551
1584
Youngstown
Sheet
..10.235
*****.. BAJ ..73.4075 ....12.20
Gold Dust141 15. Goodrich (B.F.) Goodrich $5 pt. Goodyear
& Tube ...
容量:
331
334
801
32
331
1 xxx, diy,
* Bid
Chase National Bk. 507 National City Bank 441* Call Money
1% 1%
517? 45**
}
Mondays & Thursdays, 10.30-12,
11, Ice House Street.
IN SHANGHAI
11
BULLION BROKERS.
DISTURBED
The Growth Of Restrictions
An increasing volume of bills have appeared on the London money market recently, covering the financing of business with China. This development is of particular interest.
China, as one of the primary producers, is gaining from the rise in commodity prices; also the country is showing much more stabilly. There is little doubt that unless Japan modifies bor policy in China, making it less aggressive, the peaceful re- lationship between the two countries will be at in end. Mean- while commercial conditions in the country show promising in- dications for British trade.
W
by
Many Court Actions Commonwealth & 8.
Stalking with a heavy tread, the depression left its indelible im prints in the chronicles of the local Japanese community for 1938, a survey of the Consular Court records shows according to the "Shanghai Mainichi,”
⠀⠀8¶======@⠀⠀ƒØ¶** *** *** * 12* *#*#**** ***P*⠀⠀ ⠀ ⠀⠀⠀ F ⠀ ⠀⠀⠀Œ*** T. 2016,
33 Commonwealth $8
cum. pf........ ... 72 721 Consolidated Edison 461 Consolidated Oil Continental Of....... Corn. Products Curtiss Wright (C) 71 71 Curtiss Weight "A"
211 201 Ordinary suits totalled 106, most-Delaware & Hudson 521
Del. Lackawanna & ly arising out of difficulties caused
Western by hard times, "Actions were taken seeking the payment of wages, the Distillers Corpn Sea. refunding of loans, the return of land, the payment of electricity
blis, the revocation of insurance contracta, and settlement of other alleged grievances.
grams.carnata
Douglas Aircraft
Du Pant Electric Boat
Elec. Bond & Share 26 Elec. Bond & Share
$5 pt. Elec. Bond & Share
One forced sale in satisfaction of judgment was carried out, while} 52 persons vacated premises on court orders. Temporary seizures $8 pr.
Elec Power & Light
79
85
and disposals of property number-ec Power & Light 231 ed four, while ballin's were employ. ed in seeking satisfactiori in 46 $7 på........... 34 instances.
Settlements of legal Firestone Tire & R nisputes out of court, were resched
in 81 instances, the "Mainicht" Gen. Asphalt...........
reported.
Under the National Government | fallen slightly since last year, and much progress has been done in which will adversely affect th road and rullway construction and sterling profits. The 25. shares aerial navigation Banking has are quoted on the market at 68. 6d. made considerable strides, and Willingness to Honour Obligations progress Includes much agricul- The Chinese Engineering and tural experimentation and reform. Mining Company find the Lanchow The world depression entered Mining Company of Tlensin under- China late, but nevertheless she takings are worked together suffered severely and is only now the Kallan Mining Administration. emerging. The recent harvest has Bales of coal for the first six given China a bumper crop, fully months of this year are in excess 30 per cent. greater than last of the same period last year. The year's production. This includes chairman, at the annual meeting not only cereals but cotton and spoke of the increasing industrial other products.
activity in North China, and said that it was only reasonable China is immensely. rich in expect that the company mineral wealth.. A well-known again receive something like an
Paris quoted the pound sterling geologist said there was enough adequate return on the capital at 105.14 to 105.16 and the U.8. coal in China to last the world for | invested in that country. The dollar at 2442 to 24.431.-----
shares are valued "on the market Tronnéean News Servic
Mineral Wealth
a thousand years....
r
REICHSMARK RATES
Berlin, Jan. 20. The Reichsmark was quoted. without guarantee, at:
New York Paris ******
to
Amsterdami
willl
London
· China is showing an increased willingness to honour her obliga- tions She is likely to be one of the biggest and best markets for our manufactures.
Two companies who have coal at 155. 96. interests in China and who are al ready getting the benefit of the better conditionis in China are the Pekin Syndicate and the Chi nese Engineering and Mining.
The "Pekin Syndicate owns & 50
She is not
FRENCH LOAN 'RUMOUR
London, Jan. 20. Referring to the persistent in a position to purchase capital rumours that a large French loan are required.
MEAT SUPPLIES IN BRITAIN
+
THE 8.8. "BENYORLICH."
ONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hamardous and/or extra bazardona Godowns of the Hong Kong and Kowloon Wharf and Godown Co., Ltd, whence and/or from
the
No
NOTICE TO CONSIGNEES
PENINSULAR AND ORIENTAL.
STEAM NAVIGATION Co.'s STEAMER "CORFU.”
ARIT BONG KONG K 30TH JANUARY, 1837.
FROM ANTWERP,LONDON,GIBRAL- TAR, MARSHILLES, MALTA, PORTSAID, ¿DEN, COLOMBO AND STRAITS,
CONSIGNEES of Cargo by the above- Tosel are hereby informed that their Goods are being landed_und. placed at Tam zz in the Hong, Long and Kowloon Wharf and Godown Denis Godowns Kowloos, where each
harves Delivery may be obta ordement will be abrid
Chime will be admitted after the Goods have left the Godowns, and all Goode remaining undelivered after the 26th Jan
Bam 1937, will be sabject to Beat All Claims against the Steamer must be presented to the Undersigned on or before the 9th Feb, 1937, or they
To
will not be on the General Bonded
comply with Warehouse Regulations, consignees must $ 371 have a Revenue Offeer in attendance
when
47 4
104 105 131
AIR PASSAGE RATE REDUCTION
K.LM. And Imperial. Airways Agreement
Amsterdam, Jan. 29.
by Mark and Delivery can be obtained ne the Goods are handed.
unking Instructions have bem given to the Optional Goods will be landed here contra Bix Hours before arrival of the
temat
Including date of arrival will be subject to Goods not cleared within 8 days Bank
No Fire Inraranon will be effected by
Ainge detiable goods are Vɑs in suy ones whateve
to
All broken, chafed and damaged Goods be left in the Bodowna, where they will be examined on the 23rd Juss. 1937 min.- by Mrows Carmichael & Ulark,
No Fire Insuranon has been effected. Bills of Leding will be countersigned
L
W. H. LOXLEY & CO. (CHINA) LTD. 7. Agente Hong Kong, 20th Jan, 1987.
PASSENGERS
S.S. Taiyo Maru
14969
The following passengers left Hong Kong for Los Angeles by the 5.3. Talyo Mara yesterday.
Damaged Packages must be left in the Godown for evamination by the Con guess, and the Company's Burveyors Memes: Gonnano à DovezIK, KË 10 on wood Tandag Fres Storage period.
Consignees are specially notified that. it is necessary for a Berangs Officer to be present at the examination, of damaged dutiable cargo.
All Claims against the Steamer pat be presented to the Undersigned on or before 9th Feb, 1937, or they will not be recognised.
No Claims will be admitted after the Goods have left the Godown. MACKINNON, MACKENZIE & Co.
Eong Bong, 20th Jan, 1937.
14968
HERVICES CONTRACTUILS DES MESSAGERIES MARITIMES.
CONSIGNEE NOTICE.
88ARAMÍB”. BRINGING CARGO From MARSEILLES, via Porte, etc. ARRIVED HONG KONG or TUES- DAY, THE 19TH JANUARY, 1937.
Mr. Harrison Brown, Mrs. Busan Brown, Mr. W. B. Chil, ME. ANI. Cordeiro, Mr. T. P. Cochrane, Kr. and Mrs. J. C, Cook, Mr. Shewakram Dayaram, Mr. and Mr B. J. Doherty, Mr. C. J. Elfert, M. T. Fujita, Miss G Garnett, Dr. and Mr. J. A. Gor- - rell, Mr. and Mrs. J. A Hoyle, Mr.ONSIGNEES are hereby informed and Mrs. V. M. Hansen, Miss of Opam, Treasure and Valuables are that their goods with the exception Juanita Habsen, Master Victor being landed and stored into the Ge Hansen, Mr. S. Tshiwara, Mr. E downs of Hong Kong, Kowloon Whar London, Jan. 20.
Iwanaga, Mr. A. V. Kémbell, Mr. & Godawn Gag Ltd.; Kowloon, whence The Minister of Agriculture
Shuze Kojima, Mr. Shigeru Kawa- delivery may be obtained moving the second reading of the
romediately after landing and m hara, Mr. Kizo Kawal, Mr. Keltaro Kurotori. Mr. and Mrs. T. F. Government's Livestock Industry
All chime must in the House of Commons,
must be sent in to me an Matthews, Mr. Alexander Mal- will not be recognise 1837, or they
before The 29th Jan, 1915, carrying sole right to work
said it was proposed to entrust the
colm, Mr Charles B. McNeir, Mr. Damaged Fackages will be examined cual and iron mines and petroleum
piles to Britain to an International will be carried out in February by deposits, together with certain
mura, Mr. Modesto Marcelo, Mr. Goddard & Douglas in the presence of railway rights in the province of
Beef Conference, arrangements for the KLM. and the Imperial Air Masatateu Onizuka, Mrs. G. Hut- the Consignees at 10.00 am on Men-- Honan, north of the Yellow River.
which were well-advanced. He ways: It is planned to gain up-c. Simon, Dr. and Mrs. O: Swezey, must hayaa
ton Potts, Mr., Henry Popp, Mr. Bay, 20 Jan, 1987, di hoped to make an early announce formity through this measure with Mrs Helen M. Send, Miss Corinne gords are examived Last year the company reported
ment on the subject.
in attendance when any datiable a substantial improvement in the operations of Chung Fu Joint Bir Frederick. Leith Ross at the should send energetic younger is the objective, the Governmeduced through the devaluation of war, Mr. Noritake Shimoda, Mrs. of export orders and that we Given a regulated meat market whose fees were automatically re- Yoshiaki Shinsho, Mr. T. Buga-
the "Air France" and "Air Orient," Senn, Miss Helen Benn, Mr. Surveyors
d by the Company's Mining Administration, the, Syndi annual dinner of the China: As-
No Fire insurance will be directed by Chins. Our in- had decided, Mr. Morrison said." cate's maini interest in China, sodation said that we should take termal boom would not last for that the best method of settling For last year just short of a mila leaf out of the German book, ever, and the time will come again the matter was by international
ROBL lion tons of coat were sold. Sales and copy them in the energy and when we want export orders. It co-operation, but the Bill gave the
Agent.. and output of coal this year, are thoroughness with which they is therefore essential that we necessary powers to the Board of
Hong Kong, 19th Jan, 1937, much in excess of the correspond- establish contacts, work out pro maintain our organisations and Trade to regulate imports if co-organisation proposals for the ing period last year, but of cours,posals and follow them up. Take connections in China, even at & operation failed. It would be the home market and regarding sterling pronta are dependent on it or leave it gethods are out of time when competition is so severe duty of another commission, which scheme for central alangntering. the rate of exchange, which has date. He stressed the importance that this may seem unprofitable. was to be set up to make re-British Wireless.
A reduction of 15 to 20 per cent,
years' concession, dating from goods for cash, and credit facilities will shortly be fosted in the regulation of the flow of beef sun in the air passage to the Far East A Makiura, Mr. Shinichiro Moss-by the Company: Burveyor,, Messrs.
con-
Regarding new ralway struction, this must take the form of long-term loans, for it, là im- possible to repay capital costs of any raffway in ten or twelve years, Energetlo Young Men
the "Daily Telegraph" states that the lane, if it should come true. will probably be for £50,000,000.
Trananeean Nawon Service.
men out
to
the franc Franmcean News Service.
us in any case whatever.
Tak Sakurai. Mt. J. S Turukull. Mr. Gichi Tanaka, Mr. Hisashf Tomita, Mr. Tamata Tukeishi, Mr. Bholchim Tanaka, Mr. and Mrs.
Bevenue
[4067
Takahashi and two children, Walford, Mr. Taro Yamada, Mr. Z Captain and Mrs. WF. Twomey, Manemaru, Mr. Kelf! Yamanoto, Mr. Petro P. Villanueva,
MMB Yoshimura, Mr. Nakazo.
Yoneshoto, Mr. E
Youngman.
Bumpet Wada, Mr. and M
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