1937-04-07 — Page 13

Daily Press 孖剌西報 All

J

S.S."BENDORAN".

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH on or about the Nb April.

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

Next Sailing for SHANGHAI & JAPAN'«

7th April. S.S." BENGLOE S.S. "BENRINNES” 17th April.

· Tel. 22033

For Freight and Passage apply to :-

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

York Building. Agents:

THE BEN LINE STEAMERS, LTD.-

USE

OUR

SPECIAL

AEROMAIL

LETTER PAPER & ENVELOPE

AND

.

PAY LESS ON POSTAGE

$1.50 per 100 Sheets $1.75 per 100

Letter Paper Envelopes

ON SALE AT

·HONGKONG DAILY PRESS

15-19, Queen's Road, Central.

STUDENT SPIES

AT LANCASHIRE

Strong Complaint

Strong complaint was made at the annual meeting of J. F. and H. Roberts, Limited, concerning the exportation to Australia, as goods of British origin; of cotton cloth imported Into Great Britain from Japan and processed only in Lancashire, writes a Home cor-

NO

Telephone 30251.

CONFERENCE TO BE CALLED

Reduction of Trade Barriers

HONG KONG DAILY PRESS. WEDNESDAY, APRIL 7, 1937.

WORLD SUGAR CONFERENCE

Justice Urged For Producer

London, April 5. Justice for the sugar producer was urged by Mr. Ramsay Mac- Donald when presiding at a dinner to the delegates of the Sugar Con- ference in London this evening, at which the Ambassadors for China. Japan and the Netherlands were amongst those present.

Mr. MacDonald paid a tribute to the effcs of Mr. Norman Davis for peace, and also tributed Dr. Collin. He said the Conference had made an excellent beginning, and he was of the opinion that with goodwill and straightforward deal- ing they would overcome all the difficulties.

Mr. Norman Davis said he felt the nations had now come to the conclusion that no concession was required to reach a settlement of the sugar question that would in- volve any sacrifice. If they could reach an agreement it would im- prove world economics and help to promote reace and properity- Reuter

ارم

NEW YORK STOCK EXCHANGE

Now York: April 8.

(Through Renter's Service)

QUOTATIONS

New York London Cross-rate Now York Cotton-May Now York Rubber-May Chicago Wheat May -May Chicago Corn Silver Oficial

Dow Jones Averages

SO Industrials

20 Ralls

20 Utilities

40 Bonds

Last Today's

·High Low Close Close Change

4.89-31/39 4.30-95/37 13/18 up 14:51 14.31 1630 14:37 .07 mp 41 off 20.72 26.07 26.42 20.08

1302 129

11 Commodity Index 82,44 41.98 81.80

Stocks Adams Express Allis Chalmers Amer, Can

Transmedi..... 41 Brooklyn-Manhattan

EXPERTS APPOINTED

London, April 5. The Bureau of the International Sugar Conference held its first meeting this afternoon, Mr. Ram- and presiding. say Macdonald

sub-committee of established technical experts to check the statistical data furnished by the Conference,

J.B. including Mr.

E.D. Hutson, (United States. Dr. Meek (India) and Charles Van Ufford (Netherlands). A general discussion followed, the speakers comprising Mr. Norman Davis, Mr. Ormsby Gore and representatives of Poland, Cuba, Australia, the Philippines and Ferù, who'accord- | Briggs Mfacturing 48 ing to an official communique set Brooklyn-Manhattan forth the special situation of the respective countries in regard to

9T 98 * the sugar question and gave some information of the policy which Case, J.T.

1494* '1534* their Governments would be in- Canadian Pacific'.... 147 · 15

Celanese Corpn. of clined to pursue should the various countries mainly concerned con- America

341 clude

agreement involving | Cerro de Pasco ..........., 78

in each of them

such

rea- CertainTeed P'ducts 177 sonable sacrifices

as the general Chesapeake Corpn. 82

Chesapeake & Ohio 613 Chrysler Corpn. .... 121 Columbia Gas & El. 151 Columbia 3% “A” pi, 961"

Credit 58 Commercial Commercial Bolvente 171 Commonwealth & B. 31 Commonwealth

cum. pt.

• 564. Consolidated- Edison 394 Consolidated - Of

171 Continental OU .... 45 Corn. Products ........ 681 Curtis Wright (C) 67 Curtiss Wright "A" 20" Delaware & Budson 2012 201 Del. Lackawanna &

Wester Mumio 125 Distillers Corpn Sea.

26 Frams

an

interest may dictate-Raster,

JAPAN AND BURMA

Details Of Trade Agreement

London, April 5. Well informed circles in London

Provisions in the agreement re- cently reached at Delhi between discount stories of the calling of

the representatives of the Govern- the International Economic Con- ference contained in reports from ment of Japan and Burma are ex- Brussels and Paris regarding explained in a statement issued re-

between the British changes

cently from the India Omice. French and Belgian Governments

The agreement, It is stated, pre- Mr. Percy G. Fish, who presided.

The three power monetary de supposes the existence of a com- said that every effort had been made to get Australia to pass claration of September last call- legislation so that any goods ship-ed attention to the importance of mercial convention in respect of freeing International Trade and

respondent.

ferential clause must be

accom-

April 6.

High Low Clase Change

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings

President Liars' frequens sailings and their unique stoporee · priviligie slew you te level, ut exactlyɛni, you choose, and DoDer Bioswinbly. Lines and AmericansMál! Marie www krwide omode and agents are maintained to serve you schnee to whatever place you shanes be be. „Make, your next trip more wijoyable, travelling “The President Disa mky,“

TO SAN FRANCISCO NEW YORK AND BOSTON

Via Shanghai, Kobe, Yokohama, Honolulu, San Francisco, Panama Ganal and Havana. Pres. Coolidge 10 am. Apr. 18th Pros, Tait 8 Am. Apt. 9hat Pres. Hoover Noon May 1at Pres. Lincoln 6 am. May 19th Pres. Coolidge Noon June 3rd Pres. Wilson 8am. Jace 18th

EUROPE, NEW YORK

· TO SKATTLE, VICTORIA THE EXPRESS ROUTE,

Via Shanghai, Kobe and

i. Yokohama.

Pres. Jackson M'night Apr. 10th Pres. Jefferson M'night Apr. 23ed Fros. MaKinlor M'night May 7th Free. Grant M'night May 21st Frow. Jackson M'night June 4th Fres. Jafferson M'oight 'une 18th MANILA

THE MOST FREQUENT - BERVICE

Next Sailings

Via Manila, Singapore, Penang, Colombo, Bombay, Suez Canal, Naples, Genos and Marseilles. Pres. Harrison 8am. Apr. 13th Fres. Coolidge 9pm. Apr. 11th Pres. Folk 8am, Apr. 26th Pres. Harrison 8am. Apr. 13th Pres. Fierce 8am. May 9th Free. Taft 8 pm. Apr. 14th Pres. Van Buren 8a.m. May 23rd Pres. Jefferson 6p.b. Apr. 17th 8am. June 6th Pres. Hoover 9pm. Apr. 23rd Pres. Garfield

8 am Apr 25th. 8 am, June 20th Pres. Polk

MOST FREQUENT SERVICE ON THE PACIFIC,

DOLLAR STEAMSHIP. LINES * AMERICAN MAIL LINE*

landed.

PEDREZ BUILDING HONG KONG.

-CANTỤN KRANCH —11, FRANCH CONCESSION, SHAMEEN.

1901 190

up

134) 191

120 153)

45 48)

3 up ig op

1936 High Low April 3. 195.30 80.61 183.84 65.08 27.31 80.46 87.79 18.4 31.66 108 01 84.66 101.31

185.09 183.30 184.19

.65 up.

*

60.98 60.39 “50.16

.10 up

31.91 310 31.75

.IЯ up

101.33. 81.99

.02 up

30 up

Burines Done:-980,000 shares.

Last Sale

Last Sale

Apl. 35

Blocks

Apl. 3 5

201

201

Great Northern Rly. 50

BOL

66

662

Great Western Sugat 361

36

108

1081

Holly Sugar Corpo.

am. Car & Foundry Amer. Cyanamid Amer. & For. Power Amer. & For. 37 pt. 564*·

51. Amer. Locomotive

60 Amer. Metals

Humble On

821

821

32

301

Int. Nickel

68

671

H

11

11

Int. Tel. Tel ... 12+

127

581

Kennecott Copper... 50+

Int. Dept Stores - 29

.31

61+

601

61

Lambert Corpn....... 131

132

SIS

Amer. Radiator ...

241

25

Loew's Inc.

19

82

Amer, Rolling Mil

40.

307

Lorflard

23+

231

Pres, Hayes

Amer. Smelting

927

93

McIntyre Porcupine

Amer. Steel Fdries. 614

624

McKesson & Robbins 47 *

47

Amer. Sugar

50*

504

Monsanto Chemical 90

913

Amer. Tel. & Tel... 1714 Amer. Tobacco "B" 34

172

Montgomery Ward ..

59t 601

J

834

Amer. Waterworks 221 Anaconda Copper Atchison, T. & & Fe. Bi Atlantic Refining

221

Murray Corpn...... 161 Nat Cash Registor.. 271

161

271

t

62

811

Nat Dairy Products 24

241

791

Nat Distillers ........

33!

-333

34)

343

Nat Power & Light 11†

111

Atlas Corpn.

177

17t

New York Central 501

50+

Auburn Motors

293

303

Niagara Hudson P..

Baldwin Locomotive

Corpn.usm.

13

131

$7 cum. p.

108

110

North American

251

26

CONSIGNEES'' "NOTICE.

Baltimore & Ohio... 37% Barnsdall Chi Bendix Aviation Bethlehem Steel ...... Boeing. Airplane' Borden Co.

372

Northern Pacific... 32

321

33

331

Pacific Gas & Elec. 317

321

THE BEN LINE STEAMERS, LTD.

Pacific Lighting` 441

451

90$

97.

Packard Motors.......

104

101

40%

401

Paramount"

241

247

From LEITH, MIDDLESBRO',

201

281

Pennsylvania R.K.

471

471

ANTWERP, LONDON

482

Phelps Dodge ...........

AND STRAITS.

Phillips Petroleum - 584

58)

413

Public Service of NJ. 444

43

THE S.8. "BENGLOE.“

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

Pure Ou

21

214

77

17t

Radio Corpn. of Am. 107 Republic Steel wome Reynolds Tobac. "B" 521 St. Joseph Lead Co. 341

Schenley

48 Schenley 5% pt.... 974

101

44

411

511

481 97*

82

Bears Roebuck

88.

874

613

Shell Union Oil

321

33

1224

Bocony-Vacuum

19

194

15

Southern Cal Edison "281

261

$61

Southern Paclic...

584%

601

59 173 31

Southern Rly 5% pl. 531

54

Stand Brands

141

397

173

45

66

107

-

· 125

.... 60

1591

264 581

1581

Un. Carbide & Car-

bai

Stand Gas & Elec. 10% Stand Gas & Mec.

641* Standard Oll. of NJ 71 72+ Sterling Products ... 661 661 Swift International 12) 321 Technicolor dem 201 201 Texas Gulf Bulphur 414 411 Tidewater Assoc. O 197 191 Timken-Detroit Axle 24 Transamerica

******* 151 20th Cent. Fox Films 371 20th Cent. Fox Films

pi.

451*: 471

1013 1011

147 101

65

24 16 38

121

Un Paciflegi.........

144

211

1431 301

70.1

part United Carpa

197 197

"8.8. SONTAY

.8

6

5°A20/37.

United Corpn.

41+

41#

BRINGING CARGO

Un. Gas Tprovem't 14-

14

FROM DUNKIRK vis ports, etc.

374

373

Un. Light & power

408

MAR ..........

US. Industrial Alco-

*T*

7

45 *

48.

hot

404

392

561 561

US. Hübber

665

671

42 611 52

42!

US. Rubber $8 pf. 105;

1041

521*

US. Steel ....... 1174 Vanadium

119

347

Warner Bros. Pict,..... 14

35% 144

247

44*

Westinghouse.ec. 142

141

Youngstown Sheet

tive.

de Tube 912

921

Chase National EL 581 National City Bank' '631*

581*

531* Call Mority....... 1% 1%

tez div.

* Bid

Douglas Aircraft

57

trade and commerce.between Japan Du Pont. ped from England under the pre simillar view found expression th and Burma · sliriflar in essential Mectric Boat 121

Japanese Commercial Convention Elec. Bond & Share panied by a declaration that goods proceedings of the League Assem-respects to the existing Indo-Elec. Bond & Share purporting to be 'British made were

countries

Great Britain. Up to now Austra

bly. These and more recent

most favoured - nation Elec. Bond & Share 721 to be spun, woven, and' Anished thevents have kept the whole sublect and securing to each of the two $5. På ossz

803. prominently before the public and treatment in its trade with the

Elec Power & Light 221 23, Mec Power & Light ernments have not forgotten it

$7 pr. Firestone Tire & R 401 Fintkote

lia had refused to pass the neces-It may be assumed interested Gov-other country.

"Personally," Mr. Fish continued, "I do not object to Australia'a tak

view with regard to ing its own" legislation, but I do consider that the English Government, ought to

Japan will be permitted, to ex- sary legislation. Therefore Japan,

It is known the British and port into Burma an annual allot- thanks to the disloyalty of some merchants and shippers in Eng-French Governments have been in ment of 42,000,000 yards of cotton land, could, sall merrily along and touch with the Belgian Govern piece goods manufactured in Japan get a greater share of the trade ment with a view to exploration of If in the same year she imports Gen, Asphalt

the ways in which it might be from Burma 65 per cent. of the ex- den. Cigar .... than Australia intended her to en-

possible to promote a movement portable surplus of the Burma cot-Gen. Electric joy.

Gen. Foods for the reduction of tride barriers ton crop, provided that: the quan- such as quotas but summoning of tity which Japan will be required Gen. Motors a conference is certainly not in to import shall not exceed 70,000 Gen. Raliway Signal

Gillette Bafety Razor (251 question. It is believed the pos bales in any year sibilities which have been under ex- If Japan should fail to import audden .............................. insist that no textiles are shipped amination relate in the first in-Burma cotton up to the agreed told Dust

**** 401 :47. from England as British made un-stance to Europe but as matter of amount the quantity of plece goods Goodrich (B.T.)

861 851 and courtesy the United States Govern-which Japan will be allowed to ex- Goodrich #5 PL less they are spun, woven,

431

431 finished here: Surely the cottonment, whose interest in the whole port to Burma in the same year Good reas industry is worth protecting to this matter is well known, has been kept will be reduced by 300,000 yards for every 1,000 bales of the deficit ex- extent. As it is, the manufactur- acquainted

cept 'in abnormal circumstances:·· ing, section is unduly suffering, British Wireless.

Japan's plece goods exports: to Burma will be limited as follows:- Grey......

16 per cent. 10 per cent. Bleached (white)

45. per cent. Coloured, printed Coloured, dyed, or

whereas some finishers who do

not mind where the grey cloth

comes from, and some merchants

...

and shippers who have not the tions," he went on to say, are industry as a whole at heart, are working very hard to atife what reaping a rich harvest. It is to they consider to be unhealthy Ja- he hoped that extreme pressure Danese business. They are in a will be put upon our Government, much stronger position to do so to take this simple course of pro- tecting the term 'British made so far as textiles are concerned, and at the same time remove a serious injustice to the manufacturing end of the industry.”

woven 30 per cent. Transfers between these cate Borles will, however, be permitted within the limits of reasonable

PEACE AND WORLD TRADE

V

United Aircraft ...... 301 Un. Airline TTS-

REICHSMARK RATES

Berlin; Apr. 5. The Reichsmark was quoted, without guarantee) at:-

New York, 40.225 Paris, 878

Amsterdam, 73.455. Landen, 12:182–

Faris Pound Sterling 106.34 to 106.37 Paris USA Dollars 2172 to

21.16

CONSIGNEES of Cargo are hereby informed that all Goods are being at their risk into the hazardons and/or extra hasardons Godowns of the Home KONG AND Kowloon WEARY AND GODOWN COMPANY, Gro, whence and/or from the wharves Delivery may be obtained.

No Claims will be admitted after the Goods have left the Godewes, and all

Goods remaining undelivered after the 13th April, 1937, will be subject to rent All Úlaims against the Stemmer dat be presented to the Undemigned on or before the 27th April, 1897, or they will not be

recognised, To comply with the General Bonded Warehouse Regulations consignees must have a Revenue Officer in atten dance when damaged datable goods are examined.

All broken, chated and duraged Goods are to be left in the Godowns, where they will be examined on the 10th Apr, 1937, at 9 a.m., by Messrs. Carmichael & Clark.

CONSIGNEE NOTICES.

16. Meke Belar

SERVICES CONTRACTUELS DES MESSAGERIKS MARTTIMIS

*

CONSIGNEE NOTICE.

'S.S. ANDRE LEBON "

BRINGING CARGO F MARSEILLES, via Porte, etc. ARHIVED HONG KONG ON SUN-

-DAY, ̈TM 4¤ APRIL, 1937.

MONSIGNEES are hereby informed

that their goods with the exception of Opium, Treasure and Valuables are being landed and stored into the Go downs of Hong Kong, Kowloon Wharf & Godonín. Co., deliver Co. Ltd., Kowloon, whence after landing.

be obtained immediately

All claims must be sat in to me on

or before the 15th April, 1927, or they will Hot be recognised

Damaged

it be examined by the Company's Surveyor, Mours, Goddard & Douglas in the presence of the Consignees ut 10.00 mm. on Batur day, the 0th April, 1937,

Consignees must have a Revenus Officer in attendance when it deliable goods are examined by the Company's Burvelorn. Een Ka

No Fire insurance will be effected by on in any case whatever.

R: QEL

Agrat

No Fire Insurance has been effected Bills of Lading will be countersigned by W. R. LOXLEY & Co (CHINA) LTD. Bong Kong, 4th April, 1977.

Agents Hong Kong, 6th April, 1987.

[3174

COMPAGNIE DES' MESSAGERIES MARITIMES

CONSIGNER NOTICE.

NOTICE TO CONSIGNEES

OCEAN STRAM SHIP GOJ LTD

CHINA MUTUAL STEAM NAVIGATION CO., LTD,

¡ONSIGNEES per Co.'s Vessel

* MENTOR"

FROM UNITED KINGDOM VIA SINGAPORE ARRIVED HONG KONG OR WEDNESre harshy notified that their Cargo 'DAY," Ti atar MARCH, 1987, will be disebarged into Holt' Wharf, Kowloon, where it will lis at Consignees risk and subject to Terms and Conditions of Storage- Holt's What The "Cargo" will be ready for Delivery from Godown and after 3rd April Options! Cargo

YONSIGNEÉS so bereby informed Last their goods with the creeption of Opium, Treasure and Valuables are being landed & stored into the godowne of the Hong Kong Kowloon Wharf and Godown Co., Ltd, Kowloon, whence

delivery may be obtained immediately

after landing.

All Claims must be sent id to me on or before the 10th April, 1937, or they will not be recognized.

Damaged Packages will be examined

not be landed

be called but carried on. From pries Notice has been given prior

port to port to the final port of call

which the option extends, All broken, chafed and damaged Goods are to be left is the Godowns, where they a'exstained, chie mafy. Tuomikys and

by the Companero Surveyors, Mein JAARTs between the hours of 30,45 AM

Goddard & Douglas in the presence of the Consignees at 10.00 am on Tuesday, the 6th April, 1887.

us in

and Noor within the Free-Starigrid

No Claims will be admitted affar thé

Consignees must have a Revenue Goods have left the V

Yauseľu, Godown Officer in attendance when suy dutiable and all Goods remaining andielivered will bs subject to goods are examined by the Company's after the 10th April, Surreyong 18101 JENJANG

No Fire Insurance will be effected by be presented to the Underrigned on or

All Claims against the Vessel sny case whatever.

bafora the 24th April or they will not. be recogidaedral Loggingy megy

Fire Insurance will be tested.

BUTTERFIELD SWIRE...

Agents,

[617%

[8161

3rd April, 1987,

Berlin, Apr. 5. Great interest, is shown here in the political speculations going on

NÃO CATRANBY CHL in Paris and London concerning

Agoot. the possibility of an International

Hong Kong, 31st March, 1937. than they would be in Australia,

Conference to deal with all sub- because the New Zealand exports

fects of peace and world trade. Particularly a report from Brussels

MANGHU COAL to Japan are less than half of elasticity,

A further provision in the agree to the effect that the Belgian Pre-

OUTPUT what Japan supply to them. At home the quantity of goods arrivement limits Japan's export to mier Van Zeeland has already been ing from Japan has reached Burma of bona-decotton asked to stday the present chances Transocean News Bervior,

Year Plan Worked Out alarming proportions. An omcial of remnants not exceeding four yards of removing some of the barriers

By Y. 80,000,000 Firm JAPANESE INROADS

one of our Lancashire technical in length to 1.050.000 yards per of world trade, has given rise to

much speculation. It is stated that ference might have to make to- Speaking, of Japanese inroads school informed me that Japanese annum.

Germany is willing to join in these wards international trádē,"

The Mithoburie Coal Mining Co,

Due to geographical reason, the into the New Zealand market, Mr. students attend the classes, take

endeavours if they are means to Any attempts however to link up which recently increased its Fish said that when Australia, in-down the notes in duplicate, and

getting the wheels pf international economic agreements with political capital from 16,000 000 to Y80,- output from the Slanta mine will creased its tariff in May last, 2,000 promptly, send one copy to, Japan,

The British Government's dele, trade into normality once more concessions would however continue 600,000 to accommodate its pro be directed to consumption in pieces of Japanese rayon, which were lying in bond at an Austra Japanese cotton experts have all gate to the World Textile Confer-The dimculties confronting Ger to meet with German opposition gramme to increase its annual coal Manchonkno, and at or rushin lian port were promptly shipped to the information they require to encert here, to-day opposed the man trade are apparent and have Incidentally it is stated that Van output to 10,000,000 tons, has de- and Feipso will be exported He New Zealand, and sold there for keep pace with the intricacies of proposed 40-hour week for the in been mainly sponsible for the Zeeland has been asked to study cided to further increase its out-It is expected that from 2,000,000 21d, a yard Instead of sid, which the Lancashire cotton Industry all dustry on the grounds that it two four-year plan Germany this matter not as Belatan Fre put by another 5,000,000 tons on a one to 4,000,000 tons of the output

ive-year plan to date la produc- of these two mines will be export price for the price of one or two stud-would mean a reduction of the would gladly welcome any surges mier, but as economic expert

tion that the London Bugar Con= | Transocean News Service.

tion reach. 15,000,000 tona)

Led this year the Australian

workers” pay.—Reutera Zealand trade associa-ents' fees."

was

"New

so that within a few weeks the

TEXTILE CONFERENCE.

Washingtop. ADI

Out of this total, 5,600,000 tons are to be mined at Faahin, 2,000,- 000 tons at Peiriso, 2,500,000, tons at Blanfu, and 5,500,000 tons from other mines T

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