1937-03-03 — Page 13

%

S.S. "BENNEVIS"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 14th March.

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

Next Sailing for SHANGHAI & JAPAN

" ~8th March`. S.S."BENDORAN

Tol 82533

For Freight and Pasiage apply to:--

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

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

15-39, Queen's Road, Central.

PRESS

Telephone 30251.

SCIENCE IN INDUSTRY

Rapid Progress Of Co-Operation

RESEARCH IN MANY TRADES

British

manufacturers, having

31 Arst tardily followed an ex- ample set in the United States and Germany, are at last beginning to appreciate what scientific research There In industry really means. 1a, indeed, much that is encour- aging, and even romantic, in the report describing a year's work. Issued by the Advisory Coun- cll of the Department of Scientific and Industrial Research, for to-day there would appear to be few felds in workaday life which are not changing under the benigz influence of the scientist

The range of progress is curious-¡ ly varied-improvement in textile and iron. and steel production, better methods of preserving fruit" and vegetables; economy In the milk industry; progress in dentis- try: and the secret of getting better-atting boots and shoes.

Research associations alded by the Department are now in a very strong position. Cotton,

ย

HONG KONG DAILY PRESS WEDNESDAY, MARCH 3, 1937.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Honr Kors MRI, C The price for Ready Silver was unchanged yesterday but the For- ward rate dropped 1/8, the quota- tlans being 20 3/18 and 20 respec- tively. Silver advices reported In- dia as having sold for forward de- livery. American trade and speculators bought for cash. The market was quiet. After the off- cial Axing the cash market was quiet but the forward market was' steady. American Silver was quot- ed at 44 3/4 for Spot.

London-New York cross- The rate was quoted at 488.90. New York-London was quoted at 488 31/32.

MARKET

Extremely dull. Steady.

STERLING

No business was reported.. There were sellers at 1/2 29/32 March- August, buyers at 1/2 15/16 for any delivery.

U.S. DOLLARS Nothing doing. There were sel- lers at 30 3/8 March-April and probably May and 30 5/16 June, buyers at 30 7/16 March and probably May and 30 6/18 June, | buyers at 30 7/16 March and pro-

bably 30 3/8 June.

SHANGHAI DOLLARS Sellers at 102 1/8, buyers at 102 3/18 for cash,

SHANGHAI MARKET There were sellers of Sterling at 1/2 19/32 cash, buyers at 1/2 5/8 cash. U.S. Dollars, sellers at 29 3/4, buyers at 29 13/18 for cash.

IN THE AFTERNOON There was nothing" doing in the afternoon.

IN STERLING The market closed with sellers at 1/2 29/32 March-August, buyers at 1/2 15/16 for any delivery.

U.S. DOLLARS

Sellers at 30 3/8 March-May and 30 5/18 June, buyers at 30 7/18 for any delivery.

NEW YORK STOCK EXCHANGE

New York: March 9'

(Through Rauter's Service!

QUOTATIONS

New York/London Cromerate Now York Cotton-May New York Rubber-May Chicago Whost -May. Chicago Corn SilverOficial

Dow Jones Averagen

SO Industrials

20 Rails

50

UtilitieN.

40 Boads

Trans

Case, JI......

Last Today' High Low Close Close Change 4.88-17/39 4.88-91/314 up 12.00 12.70 1274 12.60 .16 up 91.16 21.82 91.03 21,06 .03 up 133 1311 131 189 1 PP 108 107

unchanged

Mar. 1. High Low Close Change 188 49 1860 187.68

Feb, 17 Mar. 1

Great Western Bugat 371

Packard Motors

Paramount Pennsylvania R.R.

Phelps Dodge .........

Phillips Petroleum '..

431

⠀ ⠀ ****** *********

བྲཱནྟུ

ཧྲྰི་ཨྰཿཀྰཨྰཿཨྰཿསྭྰ་ལྦུ་

ཙཽ་ཨོཀྰཊྛིཏྟོཨྰཿཀྱྰ

£a=×⠀⠀⠀

48ཊྛབྷོཊྚརཱཊྚཏྟཱ

**

****

********** • ཙྪཱནྡནྣཊྚངྐོཧྲྰིདྷབྷོཡྻཀྰ

Pullman Inc. ..........................

Pure Oll

Radio Corp of Am.

Republic Steel ......... 35

Reynolds Tobac. "B" 551

+481

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings

Pildant Llors' frequent natiings sod their asique stopover privilegu aliaw you to iznys) Jows wxnesly as you choose, And Deline Blourishsp Lusind Ẩmerican Häll Line worldwide offices and spente are maintained to serve you" "kahore in whatever piece you shance to be. Muka Jane Maxi trip more sejorable, travelling “The President Lina why?

TO SAN FRANCISCO. NEW YORK AND BOSTON

Pia Shanghal. Kobe, Tokohama, Honolulu, San Frandson, Panama Canal and Havana.. Pros, Hoover Pros. Cleveland Pres, Coolidge Prem, Taft Pres. Hoover Pres. Lincoln

TO SEATTLE, VICTORIA "THE EXPRESS ROUTE”

Via Shanghai, Kobe and Yokohama

10am. Mar. 7th Free, McKinley M'night Mar. 12th 8am. Mar. 24th Pres. Grant M'night Mar. 26th 10 am. Apr. 3rd Pres. Jackson M'night Apr. 9th

a.m. Apr. lxi Pres. Jefferson M'night Apr. 93rd Noon May 1st Pres. MaKinley M'night May 7th 8 am, May 19th Pres. Graat M'night May 1st

EUROPE, NEW YORK

Via Manila, Singapore, Penang, Colombo, Bombay, Buss Canal Naples, Genos and Marseilles. Pres. Hayes Pres. Wilson

MANILA

THE MOST FREQUENT SERVICE

Next Sailings.

8 a.m. Mar. 5th 8 a.m. Mar. 6th Pres. Hayes 8am. Mar. 7th Pres. McKinley 6 p.m. Mar. 6th 8 am Mar. 7th 8am. Mar. 17th Pres. Wilson 5 am. Mar. 28th Pres. Monroe 8 a.m. Mar, 17th 8. Apr. 11th Pess. Cleveland 8 pm. Mar. 17th 8 p.m. Mar. 20th 8am. Apr. 26th Pres. Grant

MOST FREQUENT SERVICH ON THE PACIFIC

3

DOLLAR STEAMSHIP.LINES *AMERICAN MAIL-LINE *

FIDDEN BUILDING— HONG KONG,

CANTON BRANCH -2), FRİNCH CONGRESION, BHAMEIN,

NOTICE TO CONSIGNEES

AMD

OCEAN STEAM SHIP CO, LTD."

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

ONSIGNEES per Co's Vessel "CYCLOPS"

FROM UNITED KINGDOM AND CONTINENTAL PORTS VIA

SINGAPORE.

May

1077

1873

442

1938 High

Low Feb. 27. 150.70 143.11-187.30 80.48 40.80 48,41 37.78 98.23 3408 106 01 98.02 104.02 11. Commodity Index 61.67 63,58 7494

3 ap

55,52, 57,60 · 58.21 34.42 33.85 34.10

.20 up

.0% up

104.01 74.70

.03 up

.24 off

Business Done:-1,600,000 shares.

Stocka Adams Express Allis Chalmers. Amer. Can.......... 106 Am. Car & Foundry Amer. Cyanamid .... 32 Amer. & For, Power 121 Amer, & For. $7 pf. 62)" Amer. Locomotive .... Amer. Metals. Amer. Radiator ........ Amer, Rolling Mill.. Amer. Smelting .... Amer.Steel Pdries. Amer. Bugar ........... 511* Amer. Tel & Tel... 1774 Amer, Tobacco "B" 95 Amer. Waterworks ...

Lest Sain Feb. 27 Mar. 1

18+ 18}

Last Sale

Stocks

Great Northern Rly. 472

731 73+

103)

Holly Sugar Corpn.

Humble Of

32

Int. Nickel

12

Int. Tel. & Tel.

63

Int, Dept Stores .

327

531

551

Kennecott Copper

662

651

Lambert Corpn.

281

201

Loew's Inc. ................

Prem. Monroe Pres. Adams

361

36)

Lorillard

201

96 65.

05

McIntyre Porcupine.

Pres. Harrison Pres. Polk

881 50

McKesson & Robbins 451

Monsanto Chemical 93

179)

Montgomery Ward..

64

95

Murray Corpo. ***** 181

258

251

Nat Cash Registor..

371 372

Anaconda Copper... Atchison, T. & 8 Fe. 781 Atlantic Refining ... 342 Atlas Corpo. .................. 18 Auburn Motors Baldwin Locomotive

637

63

Nat Dairy Products 241

171

Nat Distillers

31

331

Nat Power & Light 12

18

New York Central

451

314"

32

Niagara Hudson P.

Corpn.

$7 cum. pr. se {11}* Baltimore & Oila... 27} Barnidall O........ 30% Bendix Aviation ........... Bethlehem Steel Boeing Airplane. Borden Co. Brigga Mfacturing 541* Brooklyn-Manhattan

113

North American

30

271

Northern Pacific

31

30

Pacific Gas & Elec. 331

33

Pacific Lighting

471

93 941 471 £71 261 2207

11

261

541

473

471

Public Service of N.J. 471

Brooklyn-Manhattan

$6 cum, pt.

997 991

198

151

163. *

11

Canadian Pacifc

167

-16] ·

Celanese Corpn. of

America

4

35

354+

Hong Kong, Mar Extra Manila closing quotations figures kindly supplied by Mears. Ellis and Edgar.

a.10. D.01. 1011 .011 .245 .25

.155 .155

Dulong

.21 .205

Cerro de Pasco ...... 78 CertainTeed P'ducts 201 Chesapeake Corp. 78 Chesapeake & Ohio. 55 Chrysler Corpn. ... 125 Columbla Gas & EL 17į Columbia 6% "A" pf. 1011 Commercial Credit 613 Commercial Solvents 18) Commonwealth & 8. ..31 Commonwealth $8

802

St. Joseph Lead Co. Schenley

207 50 664 1241 17 1011 621 187

Schenley 54% pt. ... 971

Senis Roebuck......901.

Shell Union Oll Soceny-Vacuum

33

Table 181.

Southern Cal Edison 281'

Southern Pacific.... 53

Stand Brands .......... 151

31

Stand Gas & Elec. 121

Stand Gas & Elec.

Gold Creek

.285

.285

Ipo Gold

.30

.30

Surigao

.62

.82

Mother Lode

.15

.14

Paracale Gold Salacot

..295 .205

cum. pr.

591 Consolidated Edison 421 Consolidated on

157 Continental of ....... 412 Corn. Products .................... 77

581 411

57 pl.

62

***

18.

Standard Oil of N.J. 721 724 Sterling Products ...

41+ THE

Swift International 301 30 Technicolor

.076 .076

Curtiss Wright (C) 7

**

21

.40 .375 .35 .28 .28 .265 .255 42 .42

21

Curtiss Wright "A" 201

21

(405

Delaware & Hudson 201

22

Del Lackawanna &

181

Western .......... 121 Distillers Corpn Bea.

.135

.135

grams Douglas Aircraft .... 85 Du Pont

201

***** 171

1214

20+ €6 1724

20th Cent. Fox Films, 35

20th Cent, Fox Films

W

pt.

421

Un. Carbide & Car-

15083

bon

106

107

.235 235

Electric Boat 143 Elec. Bond & Share 254

14

Un. Paciic...

135

135

241

United Aircraft

301

30+ GERMAN CLAIM

Bteady. Quiet

Elec. Bond & Share

Un. Airline

Trans

$5 pf.

*16*

port

201

Elec. Bond & share

United Corpn. "

61

40.234

...864.5

Gen. Cigar....

...73.471

„12,124

Gen. Mectric ...... Gen. Foods

36.pf.

81 Elec Power & Light 224 Elec Power & Light

ST pi......

373 Firestone Tire & R 427 Flinkote Gen, Asphalt .................

471*

471 811 613 427 431 651

641

United Corpo. $3

222

Un. Gas Iprovem't '15

39

Un. Light & power

432

****

U.S. Industrial Alco-

bol

US. Rubber

UB. Rubber $8 pf 112

113

661

UB. Steel

1147

Gen. Motors aşam 611 61

Vanadium

311

:: 32

Gen. Hallway Bigua! Gillette Safety Razor 271

274

Glidden

Warner Bros Pict, Westinghouse Youngstown

Elec. 1361 1541

Sheet

Gold Dust

si"

31

Tuberkuahnaw

831

Goodrich (B.F.)

40*

424

Chase National BL 601

Goodrich $5 pt. Goodyear

86

.254

40

Call Monty

EXTRA MANILA CLOSING QUOTATIONS

Assoc. Mines Acoje Mining

Angelo

Batong Buhay Universal Expl Lew Bued

Daynka. Crown Mines Mambulao

years ago, the most backward of the great industries from a re- search point of view, is now the most advanced.

But the whole field of progress is A "Consultative of great breadth. Group" brings the shipping in- dustry in close contact with the Department's work on the trans- port and storage of food. As a result, there has been a rapid deve- lopment of the new trade in chill- ed beef with Australia and New Zealand, and in the application of for transporting improvements Empire fruit and dairy produce.

North Mindanao Syndicate Invest Development Inc. Tinago

REICHSMARK RATES

Berlin, March 1. The Reichsmark was quoted. without guarantee, at:

New York Paris

Amsterdain London

Paris pound sterling, 105.12 to 105.14 Paris US. dollars21.51† to 21.513

Great savings in the muk in- dustry are being made as a result of work on the purification of waste watera and effluents from milk depots, creamerles, and con- densed milk factories. It has been shown that waste, as a result of mlik, cream, whey, etc., carried away in the waste waters, Transocean News Service.. can be reduced by nearly 3,000,000 gallons a year, approximating a saving to the industry of at least £50,000 a year.

being

ahead of the rest of the world in this particular phase of dental science.

Southern Bly 5% pl. 321

•*⠀⠀⠀⠀⠀⠀⠀

ER*

**

de

ཨཱ

རཱiaནཱ

ཿཙིêཎྞཔྤཙཟླཊྚཀྰ

བྷཱུ

༔

བྷྱཿ

བྷོ

Texas Gulf Sulphur 414

Tidewater Assoc. Oll 201 Timken-Detroit Axle 261 Transamerica

F**

ཝཙྩཏྟཏྟཊྛིཏྟཔྤནྣཱ

**!

ཙྩཊྛིཊྛེཡྻ,

National City Bank 57 58

1%1%

PIEL.

will be

are hereby notifed that their Cargo

Holt discharged into Wharf, Kowloon, where it will be st Consignees risk and subject to Terms

CONSIGNEE NOTICES.

wwww.mm.com

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO., LTD-

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

AND

JONSIGNEES par Co.'s Vasual

"PATROCLUS "

FROM UNITED KINGDOMI VIA SINGAPORE

are hereby notified that their Cargo Hole

and Conditions of Storage at Holt's wil be discharged into Wharf. The Cargo will be ready for Wharf, Kowloon, here it will lo Delivery from Godown on and after at Consignees risk and subject to 2nd March.

Terms and Conditions of Storage at Holt's

The Cargo ready for Delivery from Godown on and after 1st Mar.

h

What

Optional Carge will not be landed here antess Notice has been given prior to Steamer's arrival, but carried on from

"Optional" (argo will not be landed port to port to the final port of call to which the option extends,

her, unions Notice has been given príor All broken, chated and damaged Goods to Vessel's arrival, but carried on from are to be left in the Godowns, where port to port to the insi. port of call they will be examined on any Tossdays to which the option extends,

All broken, thafed and

damaged Goods and Fridays between the hours o

be left in the AM. and Noox within the Free are to be

the Glodowesdays: and Where they Storage period

will be examined on any Clams will be admitted after the Trion within the Free Storage period between the hours of 10,415 A.X. Goods have left the Steamar's Godowa Claims will be admitted after the

Noon

10.45

and all Goods remaining undelivered after the 6th March, will be subject to Rent.

JAIL

Claims against the Steamer must be presented to the Undersigned on or before the 22nd March, or they will not be recognised..

No Fire Insurance will 1g effected

BUTTERFIELD & BWIRE

Agents. 2nd March, 1937.

No

Goods have left the Vessel's Godown and all Goods remaining undelivered after the 8th Mar., will be subject to Best

All Claim against the Vessel must be presented to the Undersigned en or before the 22nd Mar, or they will not be recognised.

No Fire Insurance will be affected.

BUTTERFIELD & SWIRE,

Agenta.

[

1st March, 1937.

FOR COLONIES HAMBURG-AMERIKA LINIE

Raw Material Pressure

Berlin, Mar. · 2." The New German Four Years Plan and Germany's right to have

KROATIE

NOTICE TO CONSIGNEES

THE ME

THE

#

"ERMLAND having arrived from Hamburg and Forta of call Consignees of Cargo are hereby notified that their goods are being lauded and placed at their risk inte Colonies were the chief subjects of the Hong Kong and Kowloon What & the speech held at the Leipzig Godown Company's godowns at Kow Spring Fair yesterday, by the Gersoon the goods are landed.

where loon, delivery may be obtained man Ambassador to London, Herr

Optional cargo will not be landsd von Ribbentrop.

here, unless notice has been given 18. After describing the disastrous hours prior to vessel's arrival, but economic consequences of the Ver- carried on from port to park to the final sallles treaty, such as the break port of call to which the option down of world trade, Herr von Rib extende

No Claims will be admitted after bentrop gave an account of the the Goods have left, the Godowns, and work of reconstruction accomplish- Goods maining undelivered after

Yet the department has left on Its hands a sum of £86,000 each year which it is anxious to devote to research, provided that indus- try will be interested sufficiently to contribute a like amount. "The policy of our department is simply one of helping people to help themselves," I was told, "and in

Excellent results under comINWI- doing so to help British Industry | cial conditions have been obtained

RESEARCH IN STEEL as a whole.

by improved methods for the pre-

In co-operation with the au-I.C.I. DEVELOPMENTS "We would have been preservation of peas by freezing, in tomobile industry, comprehensive pared to provide an equivalent which colour and favour are also research on steel sheet has been

Two developments reported by the in-¡ improved.

undertaken which might mean Imperial Chemical Industries in cone of the research associa- Light upon what is correct in much for the British steel indus- dlcate that this combine's policy tions of different industries might shoe design and construction is the try. The automobile mangiac- or extending technical rationalisa coins will be issued by the Ttalianian leaders have made gigantic Warehouse Regulations; consignees have been increased by a further | subject of highly ingenious work turers are by far the biggest contion wherever possible has not state Mint on May, 9, first aint exortà, to make a normal exchange must have a Revenné Officer in abend-

contribution. In fact,

£150,000 a year, of which only helf had to be found by industry. if full advantage had been taken of the department's offers.”

WELL BALANCED TEAMS Tribute is paid to the example

FASCIST EMPIRE

COINS

Milan, Mer. 1.

New liver, nickel and bronze

versary of the foundation of the Fascist Empire, according to state- ments made here Transoran Next Bervisi

ed by the Nationalist-Socialist the 8th Mar., 1987, will be subject to movement. The Ambassador de Bent.

All broken, chafed, and damaged Good clared:

are to be left in the Godowat, where "Germany to-day constitutes a they will be gramined on 8th Mar., 1957, block of order and quiet in the at 10, by our Surveyors Messrs. heart of Europe, and the Four Goddard and Douglas. Years Plan proves that the Ger-

To

comply with the General Bonded

be

● suban.

ban damaged äutiable goods are, examined.

All claims must reach us before the 28th Mar, 1937, or they will no recognised, da z

Na labaratos will be affected. Bills of Lading will be countersigned)

JELSEN & CO. Plug Agents,

by the Boot and Bhoe Research sumers of steel sheet, and there been, abandoned, states the "Dally

of goods between Germany and Association It is not merely dir still exist problems of wastage and Telegraph. In the first place, it

foreign countries possible, The ected towards the choosing for all dimculties.

Is announced that a new company

Four Years Plan was, however, pro- of amarter footwear, but is a direct To test strains and strengths. Sulphur Patents, is being formed

claimed by the Fuehrer only, after challenge to the growth of corns. two old bridges on unused roads by LOL and Bolidens Gruvákde-

strenuous efforts to conclude com A moving platform or treadmill, is have been deliberately loaded un bolaget, a Swedati concer, for the |

prehensive international economic of several farge industrial under- used on which a person can walk til they collapsed.

Bome of the joint exploitation of the manu- MAAN

agreements had failed. Germany without moving away from a par-results were astonishing. taking In getting to work on

One facture of sulphur and liquid al- be combined with the field re-ta by no means aiming to complete Hong Kong, 17th Feb, 1987. defined problems well-balanced ticular point, and a cinematograph veteran bridge, restricted to an phur dioxide from the gases evol search of Cooper, McDougall. The economic self-sufficiency.

record is made of the movements "omcial" load of five tons, cheer ved in such operations as the plan does not affect, however, the

“The Tréktý of Véřiailles to-day teains of research workers. As a

of the foot. result, it is claimed, the efficiency,'

fully took a burden of eighty tons roasting and melting of sulphide latter company's trade in dips, divides the nations into "Haves and necessary for Germany since their of electric lamps has been im

Similarly with dentistry, there before crashes in all his phases the ore.

disinfectants and animal remedies. Have-nots, and thus creates a possession will enable

Germany proved, the plastic industry has

now appears the stopping which Incidentally,

Becondly, Imperial

Chemicals | Neither of the new companics stats of unrest which can only be to develop sources of raw materials grown, we have won a command-will not come out, and the results work of the Department in twelve and Choper. McDougall and formed for these two developments removed if the problem of return- and would provide a new field for ing position in high-definition of researches for the Dental Board, months has cost the ratepayer Robertson are to co-operate in the is likely to have a large capital, ing Germany's colonies is solved business meni, 2

given in the report under the last over £570,000. As industry manufacture, and distribution of but they are believed in trade I only remind you that the Fuehrer

"I hope that a solution of this signature of Lord Rutherford, the becomes more and more interested insectides and hungicides. This is circles to have considerable im-stated that Germany will not de problem will be found at an early chairman of the Advisory Comment, the work will cost the public even especially interesting because the portance from the technical and mand, a bigger feet after having date."--

received colonies. are likely to place this country | less.

laboratory research of 1.C.I will commercial angles,

Colonies are Transocean News Service..

television, and the commercial development of the conversion of coal into oil. by hydrogenation has been attained:

BY: AND