Triestina
Lloyd
NEXT BAILINGS
To Italy "Conte Verde" 14th Mar. To Shangbai "Conte Verde"
SPECIAL RETURN TICKETS
Validity 100 days at greatly reduced coat allowing of 21 months sy in Europe. Special concessions to lat and 2nd Class travellers to London.
Fares to Venice, Trieste, Genoa and Return...£139, £88, £36 Special Two Months' Round Trip Tickets At Reduced Rates
To BOMBAY
J
.. COLOMBO
» SINGAPORE...
SHANGHAI...
£44
241
418
212
£25
£13 £ 9
£21 £19
£11 £ 6
ROUND THE WORLD tickets issued at Special Reduced Rates in connection with all the Trans Pacific & Trans-Atlantic Confor- race Lines.
ITALIA & COSULICH LINES Agents for the sale of through and dependent tickets to North, Central and South American ports via Italy.
THROUGH TICKETS TO LONDON-93 days Special facilities for despatch by train of heavy baggage with liberal free allowance.
INTERCHANGEABLE RETURN TICKETS with the Dollar Lines on very favourabl conditions.
LLOYD TRIESTINO
P.O. Box 143. Tel. Adds, "Lloydiano" - Telephonea 329823, Canton Agent:-DODWELL & CO. LTD., Shanicen.
HAMBURG-AMERIKA LINIE
Far Kastern Mall, Passenger & Freight Service
Through bookings to America via Europe and Europe șia America. Bookings around the world. — Through bookings to Londos.
OUTWARD SAILINGS
"OLDENBURG
for Shri., Dairen, Tako, Tsingtao, Moji, Kobe, Osaka, Y'hama, Nagoya 21st Mar. 2. "CAPE ST. GEORGE" for Shai., Taku, Tientsin... 7th April
HOMEWARD SAILINGS
tm.v. 'KULMERLAND' for Genoa, Antwerp, R'dam., H'burg. 16th Mar,
NORDMARK"...for Marseilles, Rotterdam, H'burg. 24th Mar.
4.8.
+ Passenger Vewael. Limited Passenger Accommodation,
For further particulars and passage fares, etc, apply to:- HAMBURG-AMERIKA LINIE
JEBSEN & CO. AGENTS.
12, Pedder Street, Tel. 28363.
CANTON AGENTS: CARLOWITZ & CO., Sbakçe Road.
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 S.S.
BENDORAN" 10th March.
For Freight and Pasange apply to:-
Tel. 22333
[
W. R. LOXLEY & CO., (CHINA) LTD.,
York Building. Agente:
THE BEN LINE STEAMERS, LTD.
VISIT BALI AND JAVA
Special Round Trip Fares 1st Class HONG KONG-BATAVIA-HONG KONG H$275.
HONG KONG-BALI-JAVA-HONG KONG H$950, (all inclusive) HONG KONG-MANILA-HONG KONG H$135.
NEXT SAILINGS—
TO BATAVIA DIRECT 5.5. TJIKARANG' 16th Mar., 10 am.
Tender Quentin Pler 9,00 m. Tender Felice Pier 9.36 TO MANILA, MAKASSAR, BALI & SOFRABATA
ון
5.S. 'TJISADANE' 16th Mar., 10 a.m.
Tonder Queen's Pier 9,00 m,
Tender Police Play 9,16,
TO AMOY & SHANGHAI m.s. "TJINECARA" 18th Mar. For further information apply:
Holland-China Trading Co.,
Canton H. Nolasco da Silva, Esq., Macqu
HONG KONG DAILY PRESS, TUESDAY, MARCH 9, 1937.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Hong Kong. Mar. B Ready silver. rose 1/18 over the week-end and the Forward rate 1/8, the quotations being 20 7/8 and 20 13/18 respectively. Silver advices reported India as having bought. China operated both ways. The market closed steady.
The London-New York cross- was quoted at 487.80. New York-London was quoted at 487 29/32.
rate
MARKET
Steady. Dull.
STERLING
No business was reported. There wore sellers at 1/2 29/32 March- August, buyers at 1/2 15/16 for any delivery.
SHANGHAI DOLLARS
A small business was done .at 102 for cash. There were sellers at 101, 15/16. buyers at 102 for Cash.
SHANGHAI MARKET There were sellers of Sterling at 1/2 5/8 for cash, buyers at 1/2 21/32 for Spot. U.S. Dollars, sellers at 20.3/4, buyers at 25 13/16 for
cash.
The afternoon.
NEW YORK STOCK EXCHANGE
New York: March 7
(Through Reuter's Service!
QUOTATIONS
New York/London Crosa-rate New York Cotton-May Now Fork Rubber-May Chicago Wheat -May Chicago Corn Silver Odetal
-May
IN THE AFTERNOON
market was dull in the Auburn Motors ...... 31
Baldwin Locomotive
IN STERLING
37 cum. pf.
Barnsdali Off
----- 1121 No business was reported, finish-Baltimore & Ohlo... ing with sellers. at 1/2 29/32 March-August, buyers at 1/2 15/18 for any delivery.
U.S. DOLLARS Sellers at 30 8/18 March-May. buyers at 30 3/8 for any delivery.
EMPIRE TRADE REVIEW
Expansion Forecast
Bendix Aviation Bethlehem Steel Boeing Airplane Borden Co... 284 Briggs Mfacturing 534 Brooklyn-Manhattan
Today's
Last High Low Close Close
Change 487-87/39 467-90/32 1/16 up 13.60 13.47 1341 1388 .17-up 23.38 23.07 98.73 $3.07 .34 up
138 133
1351 135 1071 108 107
401
221
13
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings
President Users' frequent wilings and their unique topover privileges allow you to travel his exmally as you choose, And Dollar Bisarahip Lines and American Kali Line worldwide door and agents are maintained to serve you ashore in whatever plays you shance to be. Make your must try maze enjoyadir, travelling "The Provident Lind way.
TO SAN FRANCISCO NEW YORK AND BOSTON
Via Shanghai, Hobę, Yokobama, Honelalu. San Francisco, Fanama
TO SEATTLE, VICTORIA **THE EXPRESS ROUTE”.
Via Shanghal, Kobe and
Yokohama
Canal and Havana. . Pres. Cleveland 8am Mar. 26th Pros. McKinley M'aight Mar. 19th Prea. Coolidge
10 am. Apr. 3rd Pres. Grant Pres. Taft
M'night Mar. 26th om. Apr. 21st Prem Jackson M'night Apr. 9th Noon May 1st Pres. Jefferson Wright Apr. 23rd 8 mm. May 10th Pres. MoKinley M'night May 7th Noom May 20th Pres. Grant M'night May 21st
MANILA
Proa. Hoover
Pres. Lincoln Pres. Coolidge
EUROPE, NEW YORK
Vis. Manila, Singapore, Penang, Colombo, Bombay, 8ues Canal. Naples, Ginos and Marsellies. Pros. Wilson
THE MOST FREQUENT SERVICE
Next Sailing
6 p.m. Mar. 9th Free Wilson
6 pm. Mar. 9th 8 m. Mar, 17th | Pres. Monroe 8am. Mar. 17th 8am. Mar, 28th Fros. Cloveland Noon Mar. 18th Pres. Harrison; 8 a.m. Apr. 11th Pres. Grant 6 p.m. Mar. 20th 8am. Apr. 96th Fres, Coolidge 9 pim. Mar. 26th 8 a.m. May ath
HOST FREQUENT SERVICE ON THE PACIFIC
DOLLAR • STEAMSHIP.LINES AMERICAN • MAIL • LINE
PEDDER BUILDING- HONG KONG.
CÁNTON BRANCH -81, FRANCE CONCESSION, SHAMEWN,
BURNS PHILP LINE
"NEPTUNA”
Due 17th March
up
108
up
unquoted
Dow Jones Averages
50 Industrials
90 Raila
1030 Higu
Low Mar. 6. 185.17 143.11 194.14 01.03 40.63 81.81
Mar.. High Low Close 195 08 183.80 194.16. 62.8 81.91 69.89
Change 01 up
So Utilities
40 Bonds
37.79 28.3 34.18 108 01 88.82 103.68...
11 Commodity Index 81.47 65.68 76.40
34.52 34.06 34.93 103.07 78.55 Business Dona:-1,770,000 shares.
1.08 op 08 up
.08 up .15 up
Last Sale
Last Sale
Blocka
Mar, 5 0
Blocks
Mar. 5 6
Adams Express
201
213
Great Northern Rly.
534
532
U.S. DOLLARS
Allis Chalmers Amer Can
727
742
Great Western Sugat
36]}
361
1081
108
Holly Sugar Corpn.
A small business wasd one at 30Am. Car & Foundry 5/16 for June delivery. There Amer. Cysnamid were sellers at 30 5/16 March-May and 30 1/4 June-July, buyers at 30 3/8 March-June and probably 30 5/16 July. -
Humble Oil
837
831
331
321
Int. Nickel
72+
!! 72
Amer, & For. Power 12) Amer. & For. $7, pt. Amer. Locomotive ... Amer. Metals ........ 671 Amer. Radiator... 27/ Amer. Rolling Mu.. 401 Amer. Sinelting
121
Int. Tel. & Tel
14]
133
83
62
Int. Dept Stores.
351
354
58
561
Kennecott Copper
66)
671
Lambert Corpn.
231
23
Pres. Monroo
27
Loew's Inc.
802
80
Pres. Adams
421
Lorillard
26
261
Pres. Polk.
057
953
Mcintyfe Porcupine
Pres. Pierce
Amer. Steel Fdrica. 672 Amer. Sugar
681
McKesson & Robbins 46
461
501
501
Monsanto Chemical 93+
821
Amer. Tel & Tel... 1771⁄2 Amer. Tobicco "B" $4 Amer. Waterworks. ... Anaconda Copper ... 85;1 Atchison, T. & B. Fe. Hi Atlantic Refining 331 Atlas Corpn.
1781
Montgomery Ward
681
68
95
Murray Corpn.
181
19
25
25
Nat Cash Registor- 371
372
051
Nat Dairy Products 234
234
Nat Distillers
301
301
331
Nat Power & Light 127
12
18
161
New York Central
481
511
32
Niagara Hudson P.
Cœpn.
151
15
113
North American
297 301
35.
362
Northern Pacific.....
343
-351
301 *
'307
Pacific Gas & Mec.
337
337
Paciic Lighting
461
48
104 1047
Packard Motors
115
113
M.V.
471 474
Paramount
252
264
261
Pennsylvania R.R.
45
451
531
Phelps Dodge
Philips Petroleum
554
554
Trans Brooklyn Manhattan
$8 cum, pl.......... 101 Case, J.I..
481 46
Public Service of NJ. 404
46%
Pullman Inc. ..........
1003
Pure Of ..****
221
167
158
Radio Corpn of Am. 12
12+
Canadian Fictic Celanese Corpn. of
174
171
Republic Steel
391
404
Reynolds Tobac. "B" 542
541
America
34
341
St. Joseph Lead Co.
Cerro de Pasco... 83
83
Schenley
481
48
DI
CertainTeed P'ducts 21 Chesapeake Corpn. 901 Chesapeake & Ohio i Chrysler Corpn... 1321 Columbla G & EL 17 Columbia 8% "A" pt. 101 Commercial Credit 801 Commonwealth & S Commercial Solvents 10 Commonwealth
31 $8
201
Schenley 5% pf.
971* 972
901
Sears Roebuck
921
928
681
Shell Union Oil
331
331
131
Soceny-Vacuum
19
191
172
Southern Cal Edison 281 29
1017
Southern Paclic.... 60%.
601
Southern Rly 5% pt 367
373
191
Stand Brands ..........
15
151
31
Stand Gas & Elec. 13)
132
Stand Gas & Mee
64
$7 pf.......
86
601
43
Standard Of of M.J. 741.
741
16"
102
Sterling Products ... 71
70
411
411
Swift International 302
31
69
701
Technicolor
201
201
8
71
Texas Gulf Sulphur 401
401
234
Tidewater Assoc. Oll 21.
201
24
Timken-Detroit Axle 271 Transamerica
271
161.
164
Western Distillers Corpn Bea.
STAIRA
130
129
20th Cent. Fox Flims 351
361
20th Cent For Films
251
251
pt.
441*
45
Douglas Aircraft ..... Du Pont Electric Boat
67
671
Do. Carbide & Car-
1781
1744
bon
142
142
Un. Facific
1351
1091 110
1369
Elec. Bond & Share 241
ec. Bond & Share,
240
United Aircraft
340
341
Un. Airline Trans-
Passenger & Freight Agents :—
.761
751*
port
217 210
1
United Corpn.
61
61
82+
841
"
United
13. Corpn.
23]
43 t
431
Joint Passenger Agents:-
Un. Gas Tprovem't 144
141
381
Un. Light & power
441
"A"
US. Industrial Alco-
9
9
471* 472
hot
...
391
38
den. Cigar .....
62
62
U.S. Rubber
601
60
431
431
US. Rubber $8 pf. 110
1121
67%
6T+
U.S. Sice!
1241
126
80%
601
Vanadium
35곳
37+
Gen. Railway Bignal Gillette Safety Razor *283 Glidden Gold Dust Goodrich (B.T
Warner Bros Pict,
154
18
231
Westinghouse
Elec. 1661
156
481
& Tube ...**
1001 1001
44
45
Goodrich $5 p Goodyear
867
861
58
410
421
Call Money
1 ex div.
15%
• Bid
1%
Ottawa-"The cultivation trade between the units of the Empire has not only come to stay but will be intensified," stated Mr. F. W. Field, C.MG. His Majesty's Senis Trade Commissioner Canada and Newfoundland in a review of trade. appearing in Canadian newspapers.
in
In his review Mr. Field called upon individual business men to ald in this work. "We are some- times prone to regard the happy task of improving the volume of Empire trade as something for someone else to do, preferably for governments, though governments can be sympathetic and can help to direct the trend.
Consolidated Edison 423 cum, pi.............. 621 consolidated Oil Continental Oil Corn. Products
Curtiss Wright (C.) Curtiss Weight" "A" 231 Delaware & Hudson 231 Del. Lackawanna &
In the last analysis, however, the efforts of individual business men in the aggregate will make certain the growth of Empire trade. Little by little we, as in- dividuals. are becoming Empire trade conscious. The determina- tion of one business man to direct Elec. Bond & Share
$5 pi........... all trade that is reasonably pos- sible to an Empire country—that
38 pt. determination, multiplied by many
Elec Power & Light 239 hundreds of thousands of business
Elec Power & Light men throughout the Empire-will Firestone Tire & R 441
$pf.....
381 in itself give a remarkable impetus Fintkote 'n the growth of business between the units of Empire.
Gen. Asphalt
T
COURTAULDS'
A Gen. Electric
Gen. Foods
DIVIDEND POLICY Gea Motors.........
Courtaulds, Limited, besides be ing considerable manufacturers of. artiicial silk and other textiles in England, has a substantial inter- est in the American Viscose Cor- poration and Important interests in viscose companies in other countries. states
the **Times." Therefore it could not fall to benent from the general expan- sion in business that took place last year, and this inference is confirmed by the proft and divi- dend statement Issued recently. At the зате time it Beems clear that the board has not de- parted in the least from the con- servative financial policy whien has been a distinguishing feature
JAVA-CHINA-JAPAN LINE of the company's past admials-
York Building,
MODERN
Tel. 28010
LIJN EXPRESS SERVICE
49
SINGAPORE RAW RUBBER
H. b. 10SEPH & CO.
" Hong Kong. Mar B Mesars H. B. Joseph & Co., re- celved the following quotations from Singapore in Straits Currency for Raw Rubber:
Spot April-June
Up
14 Buyers
.... 381 up 38 Up 38 Up +
July-Sept. Oct.-Dec. Market: Steadier.
Youngstown Sheet
Chase National Bk. 6061 •
National "City Bank 574
STAMP SPECULATORS CAUGHT
The official announcement that Edward VIII twopence-halfpenny stamps are again to be made aval]-' able in all post ofices is in re- sponse to a certain amount of pro- test. After the abdication it has been increasingly difficult to buy these stamps over the counter, and they have been on sale at stamp-dealers at fourpence and even sixpence each. Since January people have been complaining that they have been unable to buy them in country post offices. This artificial scarcity of a new issue is partly due to the G.P.O., partly to stamp
tration. Net profits, after provid- ing an unstated amount for de- preciation taxation, be, are re- turped at £2,301,458, against £2,203,063 in 1935, but the direc- tors make only a slight increase in the dividend. Instead of de- claring dividends free of tax, tax. This is equal to £7 168. 9d. collectors, who bought hundreds,
PASSENGER & FREIGHT SERVICE TO AUSTRALIA
Sailing 22nd MARCH.
for Saigon, Manila, Sandakan, Salamana, Rabaul, Sydney & Melbourne:
First Class Fare to Sydney:
Single: £47.10.01. Return: £76.-0.0.
GIBB, LIVINGSTON & CO., LTD. Telephone No. 28031.
P. & O. Building.
Nippon Yusen Kalsha
King's Building.
MAERSK LINE
Fast regular FREIGHT and PASSENGER SERVICE
vie
Shanghai, and Japan
to
LOS ANGELES, PANAMA, NEW YORK, BOSTON, PHILADELPHIA & BALTIMORE.
If sufficient inducement offers also other ports of call. Arrivals from USA.
28th Mar.
*M.V." BESHOLT".
MY. "ANNA MAERSK"
M.V. "TASMANIA, "
Bailings to U.S.A.
K
12th Mar..
27th Mar,
18th Apri
(All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGERS
. AT MODERATE RATES.. For Freight and Fassage please apply --
JEBSEN & CO.
Canton, Shameen, B.C
Tel 10918.
Hong Kong, Pedder Building,
Ta. 28363.
hitherto its custom, the company free of tax, or 6s. 9d. more than in some cases thousands, of the be fourpence in stamp shops; of sheets of slightly varied shades, bus decided to follow the general the free-of-tax dividend of 1935. stamps with an eye to proft. The as that is the recognised dealer's But those who had been buying practice of paying dividends less The amount placed to reserve for speculators will be rather dis- price for any new British two big quantities of Edward VII two- tax. A final dividend of 7 per employees pensions is increased appointed. cent less tax, is now declared, from £70,000 to £100,000, and the At well-known
pence-halfpenny issue. Collectors pence-hallpennies for quick profit which brings the total distribution balance carried forward is about the
stamp-dealer's
are willing to pay extra for the had been warned by responsible for the year up to £10 55, 74.. less £10,000 higher st
Strand, was told, convenience of buying exactly dealers not to expect a rise in
still what they want and for the choice pricė,
212.749.
that the stamps
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