S.S. "BENNEVIS"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 9th March.
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
Next Sailing for SHANGHAI & JAPAN
S.S.
Tel
22533
"
BENNEVIS 21st Feb.
For Freight and Passage apply to:-
W. R. LOXLEY & CO., (CHINA) LTD.,
11
York Building.
Agente;
THE BEN LINE STEAMERS, LTD.
USE OUR SPECIAL
AEROMAIL
LETTER PAPER & ENVELOPE
AND
PAY LESS ON POSTAGE
Letter Paper Envelopes
$1.50 per 100 Sheets $1.75 per 100
ON SALE AT
HONGKONG DAILY
35-19. Queen's Road, Central,
ROYAL NAVY
Launch Of The Liverpool
H.M.S, Liverpool will be launch-
་་་
PRESS
Telephone 30251.
THOS. COOK AND SON
High Degree Of Liquidity
Son
Messrs. Thos. Cook and (Bankers) Ltd., have sent us the following reprint of an article which appeared in the "Financial Times."
"The very marked expansion ex- hibited by the balance-sheet of Thos, Cook and Son (Bankers) at 31st October last has not impaired the customary high ratio of liquid-
ed at the Govan shipyard of the Fairfield Shipbuilding and
En- gineering Company on March 24. This is the Arst
three of the cruisers of the 1935 construction programme. Her keel was laid on February 17, 1930.
A speeding up in the rate of construction is indicated by the launch of the Liverpool in March of the year following her laying down The rst cruiser of the 1934 "Drogramme. HMS. Glasgow, was launched on June 20, 1936, orty. No doubt a greater inclination three months later in the year; on the part of the public to travel. 1933 pro now that times are more prosper- gramme, H.M.9. Penelope, on Octo- ous, has assisted a bank which ber 15, 1936, or seven months later plays a large part in the financing In the year.
of tourists and others. Yet the period was still marked by many diMculties, and so pronounced an Increase as the £775,100 which has taken deposits to rise of nearly 24 per cent.-thus becomes more than ever note-
and the
first of the
MINESWEEPERS FOR SINGAPORE
£4,016,800
HONG KONG DAILY PRESS,
WEDNESDAY, FEBRUARY
THE EXCHANGE MARKET
MESSRS. ROZA” BROS.
some
Hong Kong. Feb. 16.- Silver prices were unchanged yesterday, the quotations remain- ing at 20 1/8 for both deliveries. Ellver advices reported India as having sold. There was general buying. The market, how- ever, was quiet. After the official fixing the market appeared steady. American Silver was quoted at 44 3/4 for Spot.
cross-
The London-New York rate was quoted at 4.89 1/2. New York-London was quoted at 4.89 15/32.
MARKET
Dull but steady,
IN STERLING
No business was reported. There were sellers at 1/2 29/32 February- April and probably May, 'buyers at 1/2 15/16 for any delivery.
U.S. DOLLARS
A small business was done at 30 3/3 for March delivery. The mar. ket closed at 1 p.m. with sellers at 30 3/8 February-March and 30 5/18 April-June, buyers at 30 7/18 February-March and 30 3/8 April-
June.
'SHANGHAI DOLLARS
A small business was done at 102 1/4 for cash. There were sel- lers at 102 1/4 for cash, buyers at 102 5/18 cash.
SHANGHAI MARKET There were sellers of Sterling at 1/2 9/16. buyers at 1/2-19/32 for Spot. US Dollars, the market opened with sellers at 29 11/18. buyers at 29 3/4 for Spot. Later the market was indicated as being steadler with sellers at 29 3/4, buy- ers at 29 13/16 for cash.
IN THE AFTERNOON The market was dull in the afternoon. No business
TC- ported.
was
IN STERLING The market closed with sellers at 1/2 20/22 February-April and probably May-June. buyers at 1/2 15/16 for any delivery.
US, DOLLARS
ון
The market closed with sellers
"
NEW YORK STOCK EXCHANGE
(Through Beater's Service:
QUOTATIONS
New York: February 16.
Now York/London Cross-rate Now York Cotton-Mar. New York Rubber-Mar. Chicago Whoat-May Chicago Corn Silver Official
May
Last Today'ı High Low Close "Clors. Change 4,80-11/38 4.59:14/32 up 12.80 12,44 13.40 12:0 .04 up 91076 21.39 91.66 21.32 .33 off "1377 137 1371 137)
alt 100] 109 109
1937.
110
442 443
up unchanged
1936
Dow Jones Avorages
30 Industrial.
20 Rails
20 Utili
High
Low Fob. 13. High Low Close Change 190.70 143.11 19:03 189 58 157.13 1288.39 1.04 off 0.48 40.86 $8.00 57.46 67.11 6737 .83 of
36.26 34.70 36.09
Feb. 15.
.03 off
104.23 75.77
.14 out 18.off
40 Bonds
37.73 28.03 33.12 11001 08.02 104.37 Commodity laden 81.57 56.68 16.05
Stocks
Last Sale Feb. 13 15
Adams Express .... 171
76
1081
יד
Business Done: -1,960,000 shares.
Stocks
Lust Bule Feb. 13 15 Great Northern Rly, 49 477 Great Western Sugat
38
801
377
13
MAIL LINE
DOLLAR STEAMSHIP LINES AMERICAN
Sailings
President Linere frequens saillors and thair unique stopover privlingon allow you to DZAVOT SURE IN setly as you choose. And Dollar Simmskip Liner and American Msil Line worldwide ofżone and agvala ure, mafutained to berts you ashore in wtsigver place 302 shance to be 'Mahs year next taty more enjoyable; Gureling "The Praiders Long way.”
TO SEATTLE, VICTORIA · "THE EXPRESS ROUTE"
TO SAN FRANCISCO NEW YORK AND BOSTON
Via Shanghai, Kobe, Yokohama, Honolule, San Francisco, Panama Canal and Havana.
Fres, Hoover"
Pres. Cleveland
Pres. C'enlidge
Free. Taft
Pres. Hoover From. Lincoln
Via Shanghal, Kobe and
Yokohama
Mar. 6th Pres. McKinley Mar. 24th Pros. Grant Apr. 3rd Pres. Jackson
Mar. 13th
Mar. 27th
Apr 10th
Apr. 21st Pres. Jefferson › MAY 1st Fres. McKinley May 19th Pres. Grant
Apr. 24th
May 8th
May 22nd
MANILA
THE MOST FREQUENT SERVICE
Next Sailing
EUROPE, NEW YORK
Vis Manila, Singapore, Panang, Colombo, Bombay, Suez Canal, Naples, Genos and Marseilles, Pres. Hayou
Mar. lat Pres. Ecover Pros. Wilson
star. 3rd Pren, Bayes Mar. 14th Pres. Wilson, Mar. 28th Pres. Mokiolay Apr. 11th Pres. Monroe Apr. 13th Pres. Claveland
501
53
28
Holly Sugar Corpn. Humble 01 ........ Int. Nickel .......... Int. Tel & Tel....... Int. Dept Stores. Kennecott Copper Lambert Corpn. Loew's Inc..
85 641
14
147
32
31
221 227
Pros. Monroe
77 76
37+
281
261
914
แ
Pres. Adama Pres. Harrison Pres. Polk
68
Allis Chalmers ...-... Amer, Can... Am. Car & Foundry Amer, Cyanamid ....
32+ 111 Amer. & For. Power
33 Amer. & For. $7 pf. Amer. Locomotive .... Amer. Metals ... Amer. Radiator Amer, Rolling Mill .... Amer. Smelting ..... Amer. Steel Fdries.. Amer. Sugar
52+ Amer. Tel. & Tel... 182 Amer, Tobacco "B" 95 Amer, Waterworks ... 251 Anaconda Copper ... Atchison. T. & S. Fe. 77" Atlantic Refining Atlas Corp. .......... 18 Auburn Motors, 33. Baldwin Locomotive
114 $7 cum. pf. Baltimore & Ohio... 251 Barnsdall OnS Bendix Aviation Bethlehem Steel
801 Boeing Airplane..... 43 Borden Co.
271 Briggs "Mfacturing 571 Brooklyn-Manhattan
471
Canadian Pacinc Celanese Corpn. of
America
55+
31
34.
331
at 30 3/3 February-March and 30 Chrysler Corpn. 1321 5/16 April-June, buyers at 30 7/16 | February-April and 30 3/8 May- June.
H. K. SHAREBROKERS' ASSOCIATION
BUYERS
Steamboats, $8.60. Providents (Old), $1.85. Evos, $18.
Stay Ferries, $84.
Y, Ferries, $24. Watsons, $4.
Consol, Mines. 081 cts.
SELLERS
Docks, $201
SALES
Providents (Old), $1.75, Hotels, $5:70, . Consol. Mincs, :08). Demonstrations, $1.53.
A NEW POISON
new
The 2nd Minesweeping Flotilla from Malta left for Singapore on January 25. to form a reserve of minesweepers at this base. The flotilla la commanded by Com-worthy. With the corresponding mander J. R. N. Taylor, in H.M.S. increase in assets well spread over
A poison which can be used in- Abingdon, and includes the Hunt the various categories, it is inter- ley. Fareham, Aberdare, Harrow, esting to And that immediately stead of arsenic in insecticides and Widnes, Stake, Derby, and Bag- liquid items largely interest is not injurious to human beings shot. It is due at Singapore on
bearing deposita with other banks has been discovered in Brazil: It March 16 or 17.
---have grown rapidly enough to is called 'Timbo" and is a COMMAND OF THE VISCOUNT * maintain fully their proportion of export commodity of the Amazoni Valley. It is described in a De- Commander F. G. L Cazalet, almost 33 per cent, to deposits.
partment of Overseas · Trade re- port which was issued last month. The word "timbo" is derived from an Indian word which the natives of the Amazon Valley use to denote any plant, shrub, or tree from which they extract poison. which they employ in catching
COMPANY'S STRONG POSITION
Elsewhere the strength of the company's position is no less ap-
who attended the course at the RAF. Staff College, Andover, dur ing 1936, as assumed command of the destroyer Viscount, attached to the 5th and 6th Bubmarine Flot-parent. The published reserve of
llas, Portland, in succesalon to Commander Q C. P. Menzies. Commander Cazalet specialized i anti-submarine duties in 1925-26
and afterwards held appointments in the Anti-Submarine Flotilla, Portland, and an A/8 Officer. 4th Destroyer Flotilla, Mediterranean, He graduated at the RN. Stat College in 1935.
APPOINTMENTS
The following appointments have been made by the Admiralty:-
Cdr.-V. N. Surtees, to Wildfire.
L-Cars-8. R. H. Davenport, to Drake for R.N.B. (Feb. 1): R. H., D. Lane, to President, add, as Omer
£125,000 equals the issued capital, while inner reserves, already sub stantial, have been further streng-
⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀פ¤! ⠀** Q * ** ******* ******** ( *** 2 do 50 # 9927
Cerro de Pasco CertainTeed P'ducta 2271 Chesapeake Corpn. .781 Chesapeake & Ohlo 88
Columbia Gas.& EL 17 Columbia 8% “A” pf, 102)* 102}* Commercial Credit 86+ Commercial Solvents, 19 Commonwealth & 8. 31 Commonwealth $6
cum. pf........... 641 Consolidated' Edison 441 Consolidated Oil
Lorillard
McIntyre Porcupine
811
433
McKesson & Robbins 451 Monsanto Chemical 981 98 Montgomery Ward .. 62 Murray Corpn........ Nat Cash Registor.. 36 Nat Dalry Products 24 Nat Distillers
191 201
271
38
241
Nat Power & Light 121 12 New York Central - 441 432 Niagara Hudson P.
Northern Pacific
Pullman Inc. ..........
Sears Roebuck
Southern Pacific....
Stand Brands.
འཐཱཊྛ བྷཙངྐོཀྐuཔྤོeཛོ ཙ ཙཏྟཱགྷཊྚཐཱཙ, རཱཎྜ=ཏྟོཝཱརཱཏྟརཱ a&#ཏྟཏྟཊྛནཱ ཨཊྛཾཨྰཿཐཱནྟུཙཎྞནྡྷཏྟཱཡཱ བྷོཊཀྑཏྟཊྛཙྩཏྟཊྛཱཊྚབྷ, ༦ བྷཱཏྟཏྟོ ཙཱཝེ བྷུནྟཾ ། ཨདྷགྒཙྩཊྛཱབྷནཱཛོ ཚཧྲྰིཝེ
MOST FREQUENT SERVIOS ON THE PACIFIC
Feb. 28th
Mar. Tut
Mar. 3rd
Mar 6th
Mar. 14th
Mar. 17th
DOLLAR STEAMSHIP. LINES *AMERICAN MAIL LINE*
· PEDDER BUILDING- HONG KONG,
•
CANTON BRANCH —8), FRENCH CONCESSION, BRAMEBY.
CONSIGNEE NOTICES.
COMPAGNIR 'DES MESSAGERIES MARITIMES
UUNSIGNED NOTICE.
8.S.LT. 51. LOUBERT BIE".
4°AZO/37.
BRINGING CARGO FROM DUNKIBK via ports, etc.
P
ARRIVED HONG KONGʻu. TUES- DAY, THE 18TH FEBRUARY, 1837.
ONSIGNEES are hereby informed that their goods with the exception of Opium, Trossure and Valuables are being landed & stored into the godower of the Hong Kong Kowloon Wharf and Godown Co., Ltd, Kowloon, whence delivery may
be obtained immediately after landing
All Claims must be sent in to me on or before the 26th Feb, 1937, or they will not be recognised.
Damayed
Surveyors, Messrs. Goddard & Douglas in the presence of 311 the Consigneen at 10.00 am. ор
Monday, the 2nd Feb., 1997.
Consigners must have a Revenue Oficer in attendance when any datiabe goods are examined by the Companys Surveyora.
No Fire Insuranc will be effected by us in any case whatever,
B. OHL Agent
by the Packages will be examined.
NOTICE TO CONSIGNEES
Steamer "WILLANDRA"
From MELBOURNE & SYDNEY
via MANILA..
CONSIGNEES of Cargo are hereby
informed that all Goods are being landed at their rink into the Godowns of the Hong Kong and Kowloon Wharf & iodown Company, Led, at Kowloon, whence and/or from the wharves delivery may be obtained
Optional cargo will not be landed here, unless notice has been given hours prior
48 to vessel's arrival, bat. carried on from portito port to the port of call to which the option extends.
No Claims will be
after the Goods have left the Goods
romaining undelivered alter tha 20th
and
init, will be subject to rent. be presented to the undersigned on or claims against the vessel must before the 37th inst or they will not be recognized,
All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on the 18th int at 10 am. by our surveyors, Megars, Goddard & Douglas
In the of datiable cargo, con. aignees are requested to inform the Imports & Exports Office that they have such goods for examination.
No Fire Insurance has been affected. Bills of Lading will be countersigned
DODWELL & CO. LTD.
Agents Hong Kong, 16th Tab, 1937.
f3034
Corpn.
16
18
114k
North American
301
304
CONSIGNEE NOTICES.
601
60
Pacific Gas & Elec. 331 Pacific Lighting
33
47
472
Packard Motors ...... 111 Paramount o Pennsylvania R.R.. Phelps Dodge .................... Phillips Petroleum
11
26
259
43+
422
561 55
Trans
Public Service of N.J. 491
50%
Brooklyn-Mannattan
są cum, pf. Case, J.L.
694
100 100 172
Pure Ol
231
18
Radio Corpn of Am. 114 Republic Steel
11
37
321 71
Reynolds Tobac. “8” 551 St. Joseph Lend Co. Schenley Schenley 51% pt.
351
431
43
871
971
891
Shell Union Oll
19
10
Soceny-Vacuum
201
29
Southern Cal Edison 49)
48
34
Southern Rly 5% pt. 58
571
157
159
Stand Gas & Elec. 12 Stand Gas & Elec.
$7 pi.
12
53
521
Standard Oil ot. N.J. 721
Sterling Products 714"
Swift
International 31
Technicolor
201
191
Texas Gulf Bulphur 40
401
Tidewater Assoc. OLI 201
201
Timken-Detroit Axle 281 271
Transamerica
17
171
20th Cent. Fox Films · 38÷
361
20th Cent. Fox Films
by
pf.
45
45
Hong Kong, 16th Feb., 1937, (5013
Un, Carbide & Car-
bon
1084 108
Un Pacific... 1321 -132
United Aircraft
31
301
NOTICE TO CONSIGNEES
Un. Airline Trans-
211
211
HAMBURG-AMERIKA LINIE
71
OCEAN STEAM SHIP CO, LTD),
447
441
NOTICE TO CONSIGNEES.
154
THE
Continental Oil
Com. Products
167
45
601
Curtiss Wright (C) 74 Curtiss Weight "A" 207 Delaware & Hudson
Del. Lackawanna &
Western Distillers Corpn Sea.
grams............. Douglas Aircraft Du Pont
Electric Boat ........
511
127
25
88
176
131
Elec. Bond & Share 24) Elec. Bond & Share
$5 pt. Elec. Bond & Share
$6 pf.
78 *
85
Elec Power & Light 22 Elec Power & Light
$7 DI.......
38
Firestone Tire & R 44
Flinthote
fen Asphalt Gen. Cigar Gen, Electric Gen. Foods Gen. Motors Gen. Railway Signal, Gillette Safety Razor 201 Glidden
Gold Dust Goodrich" (B.F.) Goodrich $5 pt. Goodyear
United
+
port United Corpn.
Corpu $3
cum pi.
Un. Gas Iprovem't 15.
Un. Light & power
"A"
hot
US. Rubber
Vanadium
AND
CHINA MUTUAL STEAM/ NAVIGATION CO., LTD.
CONSIGNEES par Co.'s Vesel
"DEUCALION”. FROM UNITED KINGDOM VIA SINGAPORE.
into Holt's
38 deleted
US, Industrial Alco- 94
91
49.
414 401
617
58+ 57+
434
US. Rubber 38 pt. 99).
694
US. Steel
108 106)
81)
331
321
will
Warner Bros Pict,.... 18 15)
Westinghouse Elec. 158 Youngstown Bbeet
1561
& Tube
85}
841
Chase National Bk. 631*
831"
National City Bank 581"
Call Money
14%
1
597* anisss Notice has been given prior to Steamar's arrival, but carried on from
are hereby notified that their Cargo
be discharged Wharf, Kowloon, where it will He se Consignees' risk and subject to Termé and Conditions of Storage al Holt's Wharf, The Cargo will be ready for Delivery from Godown on and, after 13th Feb,
Optional Cargo will not be landed hore
i ex div.
• Bid
474*
40
85
401
1.100 Strikers To Pay £2,400
A test
appeal concerning
a
men
con-
which the option extends.
beurs
be
minded
Landed
V
KULMERLAND " having arrived, from Hamburg and Porte of call, Consignees of
Cargo arg bereby notified that their Goods are being landed and placed at their risk ate the Hong Kong and Kowloon Whar and Godown Company's godowns at Kowloon, where liver obtained sa (2000
Optional Cargo not be Notice here, arises
prior to vessel, et given. 48
s'arrival, on from
final port of port to port to the but carried call to which the option extends.
No Chims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the Feb, 1837, will be subject to and dazaaged Goods are to be In the Godowns, where they will be examined on 19th 1997, at 10 am by our you, Kazern. Goddard & Douglas, with the General Bonded
pert to port 10 the final port of call to 2n, chafed
Storage period
of 500 of their men, and many to Rent
All broken, shafed and damaged Goods are to be left in the Godowns, whee Against the 1:100 miners
will be amamined on any Tuesdays cerned In the strike there had and Fridays between the hours of been awarded, about £1.800 dam~ | 10,45 a.x. Rad. Noow-within the Fre ages, with about £809 costa.
No Claims will be admitted after the In 1932,
002, in times of difficulty in Goods have left the Beamer's Godown the industry., the company out and all Goods remaining undelivered
"put after the 20th
be subject Feh, will of them, by 1933, had gone to All Olaime against the Steamer must other pita, 180 remaining for work before the 6th March, of they will be presented to the Undersigned on or
in the Upton mine.
not be recognised. (nyaki
No-Fire Insuraúza will be effected BUTTARPIELD & ¿WIRE
Agenta
怕
thened during the year. The bill fish in the rivere. Recent expert Miners Lose Appeal holding has been allowed almost ments, says the report, have shown to run off, but' investments of ❘ that - "rotenona,” the basis of the £602,800 are up by £118,300. O polson, can replace arsenic as an
insecticides their total, £519,900 are in British | Ingredient in
and Government securities, and all are eliminate the danger in their use. taken in at under market values. | as it is not injurious to man or providing one of the sources of warm-blooded animals, "hidden" strength. The company "Timbo" can be exported either has shared with other banks in as a root or a powder, but to en- the greater demand for advances, courage local industry export in lightning strike" of 1,100 the Increase from £283,300 representing over 35 per been allowed from the State of Colliery Company, Limited, lost by which the company would not
£209,500 to powder form only has hitherto employed by the Upton (Yorks) cent. Altogether the year seems to Para. The largest importer is the have been one of most gratifying United States, which took 227 year, came before Lord Hewart take on any "strangers" until all 15th Feb., 1987.
tons of the total exports amount- and Justices Swift and Goddard, the old staff available had been ing to 253 tons in 1935,
in a King's Bench Divisional Court absorbed. but apparently the com- pany engaged several men from outside. -
progress.
DEPOSITS EXPAND
Instr., Clyde Division, R.N.V.K. (March 1); C. L' Edwards and R., C. Haskett-Smith, to Wildfire,
Lta.-R. M.. W. Macfarlan, to London (Feb. 1); J. W. Rylands.. and Bon (Bankers) for the year Hazard (Feb, 15); C. W. McMullen, ended 31st October, just published,
'The balance-sheet of Thos. Cook
last month.
As a test case, Mr. Patrick Con-
Current, deposit' and other ac
to Aurora (March 16);.J. P. Hera-shows that the Bank's high decounts amount to £4,018,800, com-neely, of Field-lane. Upton, was path and J. 8. M. Richardson, to gree of liquidity is fully maintain-pared with £3,241,863 in the pre- the appellant, and the matter was Wildnre..
ed. Reserve at £125,000 is equal vious year. Liabilities for these before the Court on a special esse * Cd. Bages.--C, A. Carlton (reid.), to the paid-up capital, and the accounts are covered by cash and to Erebus (Jan. 261; and B. J. | substantial internal reserves have short-term loans to approximately stated by magistrates Bawdy, to Bharpshooter (Jin, 28). been urther strengthened.
83 per cent.
Pontefract.
:
An agreement came into force.
[8040
Mr. Conneely was ordered by the magistrates to pay 30s, with
The men argued that the com- 158, costs, and that decision affect pany had repudiated the agree-ed all the men concerned.
mine, and the company sued 1.100 had been a breach of agreement ment and refused to go into the The company's case was there tting at of them for damages for breach by the men and a breaking
of contract.
contract of service.
то
Warehouse Eegulations, Consignees must
have a Revenue Officer in attendance when damaged dutiable goods are examined.
All claims must reach us before be recognised. the 13th Mar., 1987, or they will pot
Be Infurnace, will be effected. Bills of Lading will be countersigned by
JEBBEN & CO. A Agents. Bong Borg, 13th Fob., 1937.
(5020
Lord Hewart, giving judgment," pudiate the contract, and Mr. Con- said the employers did not re- neely, whatever his grievance, was Quote not entitled to cease work with-
Mr. Justice Swift and Mr. Jus tice Goddard concurred.
15
No comments yet.
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