1937-03-24 — Page 13

Daily Press 孖剌西報 All

S.S. "BENDORAN"

ROTTERDAM,

Sailing for LONDON, ANTWERP. HAMBURG, HULL and LEITH

on or about the 9th April.

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

Next Sailing for SHANGHAI & JAPAN

S.S. “BENGLOE

5th April.

For. Freight and Passuge apply to :---

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

Tel. 29533

York Building. "Agents:

THE BEN LINE STEAMERS, LTD.

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES

AND

OCEAN STEAM SHIP CO, LTD.

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

CONSIGNEES per Co.'s Vessel

**HELENDS "

FROM UNITED KINGDOM VIA BINGAPORE

are hereby actified that their Cargo will

docharged br

into Holt' Wharf, Kowloon, where is will lie at Consigaves risk and subject to Terms and Conditions of Storage at Holt's Whart. The Cargo will be ready for Delivery from Godown OD and after 22nd Mar.

Optional Cargo will not be landed hare, unless Notice has been given prior to Vessel's arrival, but carried on from port to port to the final port of call to which the option extenda.

All broken, abafal and damaged Goods Bro to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10.45 and Noow within the Free Storage period. No Claims will be admitted after the Goods have left the Vossel's Godown and all Good's remaining, undelivered after the 29th Mar.. will be subject to Beut.

All Claims against the Vessel must be presented to the Undersigned on or before the 12th April or they will not be recognised.

No Fire Insurance will be coted.

BUTTERFIELD & AWIRK

Agenta

22nd March, 1987.

|

CONSIGNEE NOTICES.

LINIE

HAMBURG-AMERIKA

NOTICE TO CONSIGNEES

THE SS.

"OLDENBURG " having arrived fram Bamburg atid Ports of call. Consignees of Cargo are hereby notified that their goods are being landed and placed at their risk into the Hong Kong and Kowloon Wharf & Godown Company's godowas at Kow- loon, whore delivery may be obtained as acou as the goods are landed.

Optional cargo will not be landed here, unless notice has been given 48 hours prior to vessel's arrival, but carried on from port to port to the final port of call to which the option extends.

No Claime will be admitted after the "Goods have left the Godowns, and all Goods, remaining undelivered after the 29th Mar., 1937, will be subject to

Bent.

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on 27th Mar., 1937, at 10 a.m., by our Surveyors Mesars. Goddard and Douglan.

To comply with the General Bonded Warehouse Regulations consignees must have a Rovènua Oficer in attend- face when damaged dutiał lo goods are

Sumined.

All claims must reach us before the S'ad April, 1937, or they will not be recognised.

No Insurance will be affected. Bill of Lading will be countersigned by

JERSEN & CO.

Agents. [5013 Hoog Kong, 2 nd Már., 1937.

[5014

To Enhance The Industry's Productive Efficiency

CHANCELLOR URGED TO CONSIDER

EASEMENT OF BURDENS ·

One cannot but commend the already almost made up for the Motor Legislation Committee and temporary drop in revenue; a fur- the British Road Federation for ther reduction in taxation should the optimism they display--or is it have similar results, mere persistence and a forlorn For these and other reasons the hope?-in addressing a joint me-Chancellor of the Exchequer is morandum to the Chancellor of the urged to consider a reduction of 5s Exchequer appealing for a reduc per np. in car taxation and a cor- tion in the scale of motor taxation | responding · reduction for motor and the petrol duty, writes a Home cycles, 25 per cent. of the com- motoring correspondent.

Inercial goods and passenger vehicle taxes, and 2d per gallon off perrot and other fuels.

HONG KONG DAILY PRESS, WEDNESDAY, MARCH 24, 1937.

THE EXCHANGE

MARKET

MESSRŠ., ROZA BROS.

Hony Kong. Mar. 24. silver prices rose 3/16 yesterday for both deliverles, the quotations baing 20 3/4 for Ready and For- ward. Silver advices reported In- dia as having bought. Speculators sold to a small extent. Buyers were satisfied. The market closed steady. After the official Axing there were some Indian inquiries at the fixed rate. American Bil- yer was quoted at 45 174 for Spot. The London-New York cross- rate was quoted at 488.30 New York-London was quoted at 488.- 11/32.

MARKET

STERLING

Stagnant. There were sellers at 1/2 29/92

·March-October, buyers at 1/2 15/18 for any delivery. No bust ness was reported.

U.S. DOLLARS

A small business was reported at 30 3/8 for March delivery. There Were sellers at 30 3/8 March and 30 5/18 April-July, buyers at 30 7/16 March-April and 30 3/8 Muy- July.

SHANGHAI DOLLARS

A small business was done at 101 15/16 for the end of March. There were sellers at 101 7/8, buy- era at 101 15/18 for cash.

SHANGHAI MARKET There were sellers of Sterling at

1/2 5/8 March, buyers at 1/2 21/32 cash. US. Dollars, sellers at 29 3/4 March, buyers at 29 13/18 for Spot

NEW YORK STOCK EXCHANGE

Now York: March 13.

(Through Bauter's Service

QUOTATIONS

New York/London Cross-rate New York Cotton--May New York Rubber-May Chicago Whost -May Chicago Corn --May Silver--Official

Dow Jones Averages

50. Industrials

20 Rails

90 Utilition

40 Bonds

Last Today's High Low Close Close Change

4.88-11/39 58-11/39 unchanged 14.21 18.05 13.95 14.06 Il up.

· 26,20 "24.84 21.68 24.84 ..18 up

141 139) 138 139 112 11 110 111 45451

1936

up unchanged

Mar. 22. High Low Mar, 20. Eiga Low Close Change 195,39 $5.51 18404 182.93 179.28 179.82 42% of 65.8 27.31 82.68 61.68 59.88 60.18 2.40 off 37.78 16.40 3279 32.69 31.88 31.99 .87 of 10001 8466 101.95

101.85.30 of $70.00 .36 up Business Done: -2,030,000 shares.

II. Commodity Index 81.57 41.98 79.14

234.

Anaconda Copper ... 823 Atchison, T. & 8. Fe. 833 Atlantic Refining 331 18+ Atlas Corpn........................... Auburn Motors ...... 281

Baldwin Locomotiva

$7 cum. pr. **** 110 * Baltimore & Ohio... 374 IN THE AFTERNOON The market

dull in the Barnsdall Ol Was

Bendix Aviation afternoon.

Bethlehem Steel

IN STERLING

05 92 45. "437 No business was reported, Anish-Boeing Airplane ..... ing

****...-... 274 with sellers at 1/2 29/32 Borden Co.

Mfacturing 481. March-October,

Briggs buyers

1/2

Brooklyn-Manhattan 15/16 for and delivery.

TJ.S. DOLLARS

at

Business was done at 30 3/8 for March delivery. The market clos ed with sellers at 30 3/8 March and 30 5/16 April-July, buyers at 30 7/16 March-April and probably

July.

Engineering Scholarship

The General Committee of Lloyd's Register of Shipping offer a scholarship, of the value of £100 a year for three years, to be awarded on the results Studentship Examination of the Institute "of Marine Engineers next June.

of the

The scholarship is intended to assist marine engineering students to take an advanced course of in- struction in engineering subjects. The age limit is 18 to 23 years..

the Vauxhall "25." This new model has also been described as a modern edition of the famous 30- 88 h.p. Vauxhall.

As regards performance it also deserves comparison with that historic model, but in acceleration, top-gear performance, smoothness. and comfort it is, of course, im- measurably superior.

*****

168

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings

President Eliant: buqnach silingi and their unique stopover prizšlagse sllow; you ta travel je santir da you chose, And Dollar Bramaliy kishi and Americas Mall Kipe worldwiche allow and sgunta ses mäletabed to myte you achoro ila whapurer, placé réd obsoon to be. Make your next trip more enjoyable, travellin "The Frenktura Line wax,

TO SAN FRANCISCO NEW YORK AND BOSTON.

TO SEATTLE, VICTORIA THE EXPRESS ROUTE":

Via Shanghai, Kobe and

Via Shanghai, Kobe, Yokohama, Honolulu. San Francisco, Papama mang Onnal and Havana, ba Pres. Cleveland M'night Mar. 24th | Pres. Grant M'aight Mar. 26th Free, Coolidge Noon Apr. 18th Free Jackson, M'night Apr 9th Fres, Taft 8. Apr. Slat Fros. Jefferson M'night Apr, 23rd'.

Noon May 1st Frex MaKinley M'night May 7th Fres Hoover Pres. Lincoln 8am. May 19th Fres Grant M'night May lat Pres, Coolidas Noon June 3rd | Preż. Jackson M'night June 4th

EUROPE, NEW YORK

MANILA

THE MOST FREQUENT SERVICE

Next Sailfige

Naples, Ganos and Marseilles. Pros. Adama 8 a.m. Mar. 31at Pres. Adams 6. Mar. 31st Pres. Harrison 86.m. Apr. 11th Pres. Jackson 6p.m. Apr. ard Pres. Polk 5 am. Apr. 98th Prea Harrison 8 8.1. Apr. 11th B. May 9th Pres. Coolidge ? p.m. Apr. 11th Pres. Van Buren 8am. May 23rd | Pros. Taft

6 p.m. Apr. 14th Frer. Garbold 9am. June 6th Pres. Jefferson 6 p.m. Apr. 17th

MOST FREQUENT SERVICE ON THE PACIFIC

DOLLAR STEAMSHIP. LINES * AMERICAN • MAIL · LINE *

„FINDER BUILDING-HONG KONG.

CANTON BRANCH -21, FRENCH CONCESSION, SHAMEEN:

1

Stocks Adams ExprOSE

201 101 Allis Chalmers ...... 65) 1061 Amer, Can.................. Am. Car & Foundry » Amer. Cyanamid

Last Sale Mär 20 22:

65

"Last Bale Stocks

Mar 20 22 Great Northern Rły. 514" 50% Great Western Sugat 361 .. 351 Holly Sugar Corpn. 108

Humble Off

609

79

304

292

Int. Nickel

883

661

Amer. & For Power 11 Amer, & For, $7 pf. 60 Amer." Locomotive Amer. Metais........ Amer. Radiator ..... 25+ Amer Rolling Mill.. 394 Amer. Smelting ..... 97 Amer. Steel Faries. 1 Amer. Sugar

484* Amer. Tel. & Tel... 1714 Amer. Tobacco "B" "814 811 Amer. Waterworks

231

101

Int. Tel. & Tel...

134

19

Via Manila, Singapore, Panang,,

Colomba, Bombay, Suez Cana..."

581

52 49 80 014

Int. Dept Btores... Kennecott Copper 027 601 Lambert Corpn....... 14

331*

33

131

241 377"

Loew's Inc. ........... 77+

744

924 581

Lorillard McIngre Porcupine

231

237.

Prea Pierce

McKesson & Robbins 454

451

482 168+

Monsanto Chemical goj

Montgomery Ward .... 82)

591

Murray Corp. ......

17

16

Nat Cash Registor..

28

27

594

Nat Dairy Products 241

241

79

Nat Distillers

33

32+

32

Nat Power & Light 11

114

172

New York Central ...

52

49

28+

Niagara Hudson P.

Corpn.

147

131

120 1

North American

28

201

351

Northern Pactic ....

33

314

CONSIGNEE NOTICES.

31

291

Pacific Gas & Mec. 324

321

Pacific Lighting

447 441

Packard Motors

****** 101

Paramount

28*

Pennsylvania R.R.

471

101 241 23

451

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES

461

Phelps Dodge .........

Phillips Petroleum - MB

521

.... 43

43

Public Service of NJ. 444

441

95 +

.. 95.

Pullman Inc. ..... Pure Oil

$.81

201

191

153

15

Radio Corp of Am. 114 Republie Steel

11t

431

42

Reynolds Tobac. "B"

51

607

BL. Joseph Lead Co.

Schepley

501

484

07+*

971*

00

Shell Union Oil Socony-Vacuum

18

✓ 87 31+ 281 17%

Southern Cal Edison 271 Southern Pacifc....

62

271 581

Southern Rly 5% pl. 581

53+

Stand Brands

151

141

Stand Gas & Elec. 12

112

Stand Gas & Elec.

$1, pl.

651

64

Standard Oll of N.J. 701

681

Sterling Producta 67

66

Swift International 31

31

Technicolor

214

211

Texas Chalk Sulphur 394

39

Tidewater Assoc. Ofl 20

197

Timken-Detroit Axle

25

231

Transamerica

161

20th Cent. Fox Flims 371

15T 30

20th Cent. Fox Plus

pi.

484

Un. Carbide & Car-

bon............... "1044

45

1031

Tran

Brooklyn-Manhattan

$6 cum, pf.

Case, J.L.

Canadian Pacific

Celanese Corpn. of

America

331 Cerro de Pasco: 18 Certain-Teed P'ducta 18 Chesapeake Corp 81. Chesapeake & Ohio 611 Chrysler Corpn. Columbla Gas & El 167.- Columbia 8% "A" pl. 97 •

*** 127

Commercial Credit 59 Commercial Solvents 181 Commonwealth & S. 3 Commonwealth

61

414

681

271

02

1834

134

81

བྲཱཏྟཱཏྭཱ བྷོཝཎྷཀྑཾདྷབྲཱ=ཛྫབྷོདཱི॰ བྷུབྷིཛྫིཏྟ5=ཏྟཏྟཾ བྷཱ བྷིdཏྟཱཏྟིR e དྫོx ཚོ $x#Z # 9

cum. pf................................... Consolidated Edison 39

Continental Oil....... Consolidated Oil

161

Com. Products ....... Curtiss Wright (C) Curties Wright “A” 211 Delaware & Hudson 221 Del. Lackawanna &

Western

'1234 118 Distillers Corpa Bes.

grama Douglas Aircraft Du Pont Electric Boat........ Elec. Bond & Share 24 Elec: Bond & Share Its maximum speed is in the

$5 DX. neighbourhood of 80 m.p.h.. but Elec.. Bond & Share more useful than this is the fine average made possible by its ac-Elec Power & Light 243 celeration and flexibility. Although Elec Power & Light there are four speeds the. Indirect PACKARD FORTNIGHT

$7 pf.

381 gears are seldom necessary, but the Firestone Tire & R 411* Among Anierican cars the Packard has always been known on

Bynchromesh third is very pleasant note this side as one of the very highest to use for fast climbing..

Gen Asphalt Front suspension is independent Gen. Cigar grade. It has only been in recent

with a torsion bar instead of coll. for years that Packards of lower rating pay

Gen, Electric and price have been produced, and

springs and provides most com-

Gen. Foods. ... Nevertheless the memorandum these have proved extremely po.fortable riding in which the rear

Gen. Motors makes a good case for the ples,pular in this country.

passengers share. The brakes are

Gen: Railway Bignal It is pointed out that the new During the Packard fortnight in hydraulic of the new safety type Gillette Safety Razor 261 251 national programmes for serial | Glasgow, the display of Packard

Glidden armament and mechanised mill- | models at the Sauchiehall Street tary equipment must depend large- showrooms of the Western Motor ly upon the existence of a well-Company, Ltd.," attracted consider- equipped British Industry for the able attention, the latest 20 h.p. production of motors and motor | Packard Bix at £430 offering a vehicles of all types, and that the dignified car of ample power and Industry must normally rely upon accommodation. the progress of motoring and of motor transport generally.

It is to be feared that Mr. Neville Chamberlain and his advisers at the Treasury will hardly feel in- clined at the present time to re- duce taxation of any kind, when they must be cudgelling their brains how and where to secure Increased revenue Tearmament.

to

||

The power unit is of 3600 capa- city with side valves, the clutch has its grip reinforced centrifugally as the speed increases, while the three-speed gear-box has syn- chromesh top and third.

Anything which restricts the public demand for motor vehicles, the memorandum "goes on, will have the inevitable exect of reduc- Ing the productive efficiency of the

A hypoid rear-axle 'drive is used. motor Industry and its power to to allow a fat floor with a low expand rapidly in order to meet frame sitting. There is indepen- any future national emergency. dent front suspension by transverso

EXCESSIVE TAXATION

parallel linkages and coil springs 'Reference is made to the exces- [ with longitudinal torque arms, sive and special taxation imposed while a torsion bar stabiliser is ab- upón motor vehicles, and the dan- ted at the back where the sus- gers of such taxation impeding the pension is by long semi-elliptic progress of motor transport.

springs, mounted below the axle, Each future year will be an in The Packard is designed to give creasingly difficult period for mo- an unobtrusive but none the less tor trade expansion, or indeed in | emcient performance with the the maintenance of current out- utmost comfort and ease of con÷ put, and nothing but a substantial trol. In this it succeeds, producirig

can ensure the growth of trade :ment. "

It is indicated that the reduction

in which failure of one set leaves the other unaffected.

With a luxurious five sented body of smart external appearance and good internal finish this is a very notable car in the under £800 class.

461

56

417

624

541

45*

Gold Dust Goodrich (BF) '**** 464 Goodrich $5 pt. ... Goodyear

85+

434

Shipyard Work Abroad

BRITAIN'S LOSS OF FOREIGN MARKETS

Schenley 51% DL.

Sears Roebuck

Un. Pacific... 148 1434

United Corpn.

61

CONSIGNEE NOTICE.

"PRESIDENT DOUMER "

$*A/37.

BRINGING CARGO FROM MARSEILLES, via Porta, etc. ARRIVED HONG KONG or FRI- DAY, THE 19TB MARCH 1037.

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO, LTD.

AND

CHINA" MUTUAL STEAM NAVIGATION CO., LTD.

NONSIGNEES per Co's Vessel

"MERIONES"

FROM UNITED KINGDOM AND CONTINENTAL PORTS VIA

SINGAPORE. are hereby notified that their Cargo Holes will be discharged into Wharf, Kowloon, where it will lie at Consignees risk and subject to Terms and Conditions of Storage at Holt's What. The Cargo will be ready for Delivery from Godown on and after

3rd March.

ONSIGNEES are hereby informed that their goods with the exception of Opium, Treasure and Valuables are being landed and stored into the Gunless Notice has been given prior to downs of Hong Kong, Kowloon Wharf

& Godown Co, Ltd., Kowloos, whence be obtained immediately delivery may after landing.

All claims must be sent in to me on or before the 30th Mar, 1937, or they will not be recognized.

Damaged Packages will be examined by the Company's Surveyor, Mr. Goddard & Douglas in the presence of the Consignees at 10.00 am. on Thurs day

the 25th Mar., 1937.

Consignees must have a Ravenne Officer in attendance when any dotiable goods are examined by the Company's Surveyors,

Na Fire insurance will be effected by us in any case whatever.

R. OEL,

Agent. Bong Kong, 19th March, 1937, (8003

"

CONSIGNEES? NOTICE

From LEITH, MIDDLESBRO', . ANTWERP, LONDON:

AND STRAITS.

A.

THE 8.8. BENALDER "

United Aircraft

Un. Airline Trans-

port

311 301

211 "20

THE BEN LINE STEAMERS, LTD.

5%

United

Corpn... 33

cum pt.

41+

414.

Un. Gas Tprovem't_=144

141

Un. Light & power

MAH

U.B. Industrial Alco-

8

bol .......

407

40

US. Rubber

67+

64+

US. Rubber $8 p. 108

1024

18. Steel ... 117 1121 Vanadium

351 334 Warner Bros Pict 141 131 Westinghouse Mec. 140 1354. Youngstown Sheet

1

& Tube

92 Chase National ́Bk. . 59ƒ“ National City. Bank 551* Call Money

881

ST

531*

doin

19%

1%

1 ez, dir.

• Bid

BRITISH SHIPS BUILT IN HOLLAND.

·

Bome 19 vessels of various type

have recently been ordered from Dutch shipbuilders, and at least three of these are "för "British owners.

Optional Cargo will not be landed here

Steamer's arrival, but carried on from

port to port to the final port of call tạ

in the option extends,

All broken, chafed and damaged foods are to be left in the Godowne, where they will be examined on any Tuesdays and Fridays between the hours of 10.45 .. and Noom within the Fren Storage period.

No Claims will be admitted after tha- Goods have left the Steamer's Godown, and all Goods remaining undelivered after the 30th March, will be subject to Rent

All Claims against the Steamer must be presented to the Undersigned an or before the 13th April, or they: wilk, not be recognised.

No Fire Inaruuse will be affected

BUTITEFIELD & 8WIRE

Agents. 23rd March, 1937,

SILVER LINEL

[5017,

NOTICE TO CONSIGNEES

FROM

NEW YORK And LOS ANGELES

TEE

BB Motor Vessel

"SILVERTEAK" CONSIGNETS of Orge are hereby

informed that all Goods are being having arrived from the above Porta on landed at their risk into the hassrdons 21at instant, Consignees of Cargo Are and/or extra kesardons Godowns of the Sereby informed that their Goods are HONG KONT AND KOWLOON. WHARF AD being lauded as their rink into the Go GODOWN COMPANY, Lr whence modfor downs of the Hong Kong and Kowloon From the wharros Delivery may be Wharf And Godown Company, Limited, obtained.

and

IMPORM,

No Olaims will be admitted after the Kowloon, and stored at Consignees risk Goods have left the Godowns, and

All broken, chafed, and damaged figoda Goods amsining undelivered after the are to be left in the Godown where 25th Mas., 1987, will be subject to rent they will be examined on Thursday,

All Claims against the Steamer mess4th instant, 1837, 1:10 am.

AB

be presented to the Undersigned on ir

Claims must be presented within before the Buh April, 1937, or they will 16 Day of the vessel's arrival. here not be recognised.

Το

after the General Bonded cognized." comply with

Which date

they cannot be re- Warehouse Regulations consignee No Claims will be admitted after the must have a Revenue Officer in atten Goods have left the Godowns, and all lance has damaged dutiable goods Goods remaining undelivered after the are examined, gla

Monday, 29th instant, 1987, will be All broken, shafed and damaged Goodsbject to Bent.

they will be examined on the 23rd Mar Bro to be left in the Godowe, where

127, at 9mm, by Mesars. & Clark.

Carmichael

No Fire Inenance has been exfected. Bill of Lading will be countersigned by W.B. LOXLEY& Co. (CHINA) Lau.

Agenta

No Fire Insurance has been effected, Bill of Lading will be countersigned by

FURNESS (FAR EAST), LTD.

2nd Floor, Hongkong & Bbanghai Bank Building Dials 23165 & 20169,"

[5130 Hong Kong 21st March, 1927,

Swedish shipbuilders recently, ob tained from Norway a 8000-ton cargo liner and a 16,000-ton tanker,

Approximately 100 shipbuilding the absence of foreign contracts us Orders for Holland comprise a contracts have been placed with less serious than it might be in 500-ton motor conster for United Continental firms in the course of normal circumstances, the fadus- Kingdom owners, a 300-ton motor Hong Kong, 18th Mar, 1967,

try's loss of the foreign markets is coaster for Bouth African the past two months, and many of problem which will need to be owners, and a 2001t, twin-screw these ships are for registration in reckoned with sooner or later. motorship for registration in Bri countries other than those in It is of interest to note that of tish India. Pa which the ships are being built. 23 orders obtained by German Norwegian shipbuilders 'recently Instead of becoming less, inter- shipbuilders in January and Feb obtained an order for two whale national competition in shipbuild- | ruary no fewer than 16 were from catchers from Leith owners, and ing is keener than ever, and quite other than German owners. Norwegian shipyards have also in & considerable amount of foreign Turkish owners have just pinced hand two cargo steamers for shipyard work is being obtained by on order with German shipbuilders | Sweden, and a special type cargo

great shipbuilding industry,

ranging from 1600 to 5000 tons. At one time Norwegian ship- Only about three orders to for- gross each while Chinese owners owners were among the best cilents A British car which in its pre-eign account have come to British recently placed an order for a large of British shipbuilders, but most of a new impetus to trade in the ment of motoring at a modest price shipbuilders since the beginning of dredger Another foreign order the Norseman tonnage which is home and export markets, and invades a feld at one time con- the year and although, owing to for Germany i farge Hosting not being Billt in Norway is being that the increased use of cars has sidered an American preserve is the pressure of Admiralty work, dock for Roumanie

bullt in Sweden and Derma

Ing, and most of the orders place this year have consisted of war- ship work

Belgian shipbuilders have ex and a Norwegian vessel of similar perienced a considerable improve- dimensions is being built to Den-Bent of late, and within recent pete weeks orders have been obtained mark.

Even Italy is obtaining a share cargo steamers, all for Belgian for Ave cargo motorships and two

rasement. of taxation, it is urged, an excellent Impression of refine- | countries which cannot boast of a a contract for 14 merchant vessels vessel for Denmark of the Scandinavian market, and owners. MAAR 700

of the horse-power tax in 1934 gave

THE 25 H.P. VAUXHALL

a recent urder for Italian builders was a cargo and passenger vessel of 7400 tons for Norwegian owner, There is not much improrament

A foreign order was recently ob- tained by Finland, where two pas- senger and CEO Steers are to be built for a Polish thipping com-

to be noted in French shipbuild- pany

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