S.S. “BENGLOE"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 9th May.
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
Next Sailing for SHANGHAI & JAPAN S.S. BENVENUE"
14th April.
S.S. "BENRINNES" 19th April.
Tel. 22533
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
Letter Paper Envelopes
$1.50 per 100 Sheets $1.75 per 100
ON SALE AT
HONGKONG DAILY PRESS
35-19, Queen's Road, Central.
Telephone 30251.
HONG KONG DAILY PRESS, WEDNESDAY, APRIL 14, 1937.
THE EXCHANGE
MARKET
MESSRS: ROZA BRÖS.
Hong Kong. April 13. Silver prices rose 1/8 yesterday for both deliveries, the, quotations being 21 1/16 for Ready and 21 1/8 Forward. Ellver advices reported India and speculators as having bought. Offerings were rather small. The market closed steady. After the official fixing there were buyers at the fixed rate but sellers were reserved. American Stiver was quoted at 48 for Spat,
The London-New York cross- rate was quoted at 400.05. New York-London was quoted at 490. 7/18.
MARKET
Steady but stagnant. STERLING
There were sellers at 1/3 29/32 April-December, buyers at 1/2 15/16 for any delivery. No trans- actions were reported.
U.S. DOLLARS Nothing doing. There were sel- lers at 30 7/16 April-July and 30 3/8 August-October, buyers at 1/18 higher respectively.
SHANGHAI DOLLARS- Business was done early in the cash. morning at 102 3/18 for There were sellers at 102 buyers at 102 1/4 for cash...
3/16,
NEW YORK STOCK EXCHANGE
New York: April 13,
.
(Through Reuter's Service)
QUOTATIONS
New York/London Cross-rate " New York Cotton-July New York Rubber-July Chicago Wheat --July Chicago Corn -July Silver-Offcial
Dow Jonse Averagon
30 Industrials
20 Railr
30 - Utilities
40 Bonds
Last Today's
High Low Close Close, Change
4.89-1 4,90-7/16 11/16 up 13.67 13.80 13.78
11.67 23.03 123
93 45
94,84 23.40.1.18 off
1231
126 133
#uff
192 180)
131 1308
481 48
off
** 1026 High Low April 10. 195,69, 85.61 178.28
65.08 27.31 38.79 - 37.79 16.4 31.03 10801 84.86 100.65
11 Commodity Index 83.44 1.98 70.16
April 13.
High Low Close Change 183 176.39 179.74
1.48 08.38 · 58:10 -69.33 31.83 30.73 31.12
up
up
100:47 .08 off 77.81 1.25 off Bnsinou Dona:-1,130,000' shares.
Last Sale
Int. Dept. Stores 301 30 Kennecott Copper 701 Lambert Corpn...... 13 14
711
Last Bale
Blocks
Apl. 10 12
Stocks
Apl. 10 12
Adams Expresn Allis Chalmers
181 18
651
862
Amer. Can. 104 Am. Car & Foundry
105
Great Northern Rly. 491 Great Westerd sugar 357 "Holly Sugar Corpn.
50%
354
Humble, Ou.
201 321
Amer, Cyanamid 30+*
301
Int. Nickel
641 851
Amer, & For. Power
10
Int. Tel. & Tel......
12
12
Amer. & For. $7 pl. Amer. Locomotive
67 *
561
50
502
ST.
58
38. 90)
Loew's Inc. Lorillard
791 801
231 231
914
Mcintyre Forcupine
59
49 *
481*
189
83
21
Nat Cash Regiator - 251*
573
824
Nat Distillers
331
Amer. Metals ......... Amer. Radiator... 231 233 Amer Rolling Mill.. Amer. Smelting Amer. Steel Fries. 59 Amer. Bugar Amer. Tel & Tel... 1891 Amer. Tobacco "B" 83: Amer. Waterworks... 211 Anaconda Copper ... 581 Atchison, T. & 8. Fe. 791 Atlantic Redning ... Atlas Corpn....... 171 17 Auburn Motors 30% 31 Baldwin Locomotive
$7 cum. pt.103 IN THE AFTERNOON
Baltimore & Ohlo..... 351 The market was quiet in the | Barnsdall Of afternoon.
Bendix Aviation Bethlehem Steel
„SHANGHAI - MARKET ` 1 There were sellers of Sterling at 1/2 9/16; buyers at 1/2 10/32 for Spot. US Dollars, sellers at 29 3/4 April, buyers at 29 13/16 för
cash.
IN STERLING
MIA
..........
No business was reported, Anish-Boeing Airplane ing with sellers at 1/2 29/32 April Borden Co. December, buyers at 1/2 15/16 for any delivery.
U.S. DOLLARS
The market closed with sellers at 30 7/18 April-July and 30 3/8 August-October. buyers at 30 1/2 April-August and 30 7/16 Septem-
ber.
*22 250 6. 5869 -38 8588.
Briggs MTacturing 46 Brooklyn-Manhattan
STANS
Brooklyn-Mannattan „ 38 cum pump Case, J.I.
Canadian Pacing .... Celanese Corpn. of
America
McKesson & Robbins 451 .46
Monsanto, Chemical (89; Montgomery Ward .. 59% Murray Corp. ................. 10
Nat Dairy Products 231
Nat Power & Light 101 11
164
27
24"
32 331
ני
ཝིཏྟབྷངྒཱ བྷཱུཐཱཙྪཊྛོ བྷཡྻོཀྐབྷêརཱཙྪཏྠ བྲཱཎྷཀྑནཱསོxཏྟཾརཱབྷཱུ བྷབྷུཀྐཏྟཙྩནྡཙྩ, བྷཏྠ, ཙུནཱཙྩདྷ =པྤཡྻུཎྞནཱབྷཊྛབྷརཱནཱ, ཊྛཙྩཙྩཎྞཊྛུབྷཱནཱསྶདཱིཊྛཱཐཱ དྷཝཏྟོ, ཨཱ॰་ྤུ
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings
Presiden) Lipere" frequent anilings and their unique stopovar privilegis allow you 10 travel partsxwelly ne you' choose; Ând Dollar Oliamship' Lines and American Mill Lise worldwide offion sad agilia are maintained to mean yon sabore in whatever pisse pou abanos to da....... Make your next trip mora unjoyable, travulling * The Frendans Lipa way,"
TO SKATTIAS, VICTORIA- *THE EXTRESS ROUTE"
TO SAN FRANCISCO NEW YORK AND BOSTON Via Shanghai, Kobe, Yokohama,
Via Shanghai, Kobe and Honolulu, San Francisco, Pazama
Yokohama Canal and Havana. Prea. Coolidge Sam. Apr. 90th Pres. Jefferson M'night Apr. 23rd Pres. Taft 8am. Apr. 91st Pres. MoKinley M'night May 7th Pres. Hoover Noon May 1st Pres. Grant M'night May sist Pres. Lincoln 8am. May 19th {Pros, Jackson M'night June 4th Pres, Coolidge Noon June 3rd Pres. Jefferson M'night, 'une 18th Fren. Wilson 8am. June 18th | Pres. McKinley M'aight July and
MANILA,
THE MOST FREQUENT SERVICE
EUROPE, NEW YORK
Via Manila, Singapore, Penang, Colembe. Bombay, Bues Canal,
Next Sailings Naples, Genoa and Marseilles. Pres. Polk Sam, Apr. 76th Pres. Jefferson 6 p.m. Apr. 17th 9 p.m. Apr. 23rd Pros. Piorce 8am. May 9th Pres. Hoover Pres. Van Buren 8 a.m. May 23rd Pres. Polk.. 8 a.m. Apr. 25th Pros. Garfield 8am. June 6th Prem McKinley 5.80 p.m. May 1st Pres, Hayes 8. June 20th Pres. Pierce 8am. May 9th Pres. Mource 8am. July 4th Pres. Lincoln M'aight May 11th
MOST FEEQUENT SERVIOR ON THE PACIFIC
DOLLAR STEAMSHIP. LINES
•
* AMERICAN • MAIL • LINE *
נן
FRUDER BUILDING-HONG KONG,
CANTON BRANCH ~3), FRENCH COFORSBIOR, BRAMEEN,'
CONSIGNEES' NOTICE.
From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.
CONSIGNEE NOTICES.
HAMBURG-AMERIKA LINIE
"NOTICE TO CONSIGNELS
THE M.Y.
THE
RHEINLAND" having arrived from Hamburg and 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 godowns st Kow loon, where delivery may be obtained as soon as the goods are landed.
Optional cargo will not be landed here, unless notice has been given 48 beurs prior to vessel's arrival, but carried on from port to port to the final port of call to which the option
"Olaims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 77th Apr., 1987, will be räbject to
THE S.8. "BENVENUE.”
YONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hazardous and/or extra hasardons Godowns of the Hong Kong And Kowloon WHAXY AND Gotown. Onczany, Lau, whence and/or From the wharves Delivery may be abstained.
"No Claims will be admitted after the Goods have left toɑ Godowns, and all Goods remaining undelivered after the 10th April, 1937, will be subject to rent
All Claims against the Stammer musi | Rent. be presented to the Undersigned on or All broken, chafed, and damaged Goods before the 4th May, 1937, or they will are to be left in the Godowas, where not be recognised.
they will be examined on 16th Apr., 1987, To comply with the General Bonded at 10 am, by our Burveyors Measca, Warehouse Regulations consignees Goddard and Douglas. must have Revenue Officer in atten: dance when damaged datable goods are examined.
All broken, shafed and damaged Goods | me to be left in the Godowns, where they will be examined on the 17th Apr. 1837, st Ba.m., by Mesars. Carmichael & Clark.
No Fire Insurance has been effected. Bills of Lading will be countermigted by
103 *
361
New York Central - 477 Niagara Hudson P.
Corp.
138 North American...... 26 Northern Pacific... 301
481
131
CONSIGNEE NOTICES.
261
32
Pacific Gas & Dec. 311
311
912
Pacific Lighting .../ 48 * Packard Motors ...... 101
48
101
381
Paramount
237
241
28
Pennsylvania R.R.
• 451
451
THE BEN LINE STEAMERS, LTD.
>
£61
Phelps Dodge "...
Phillips Petroleum ..
501
401
Public Service of N.J. 433-
431
Pullman Inc.
943*
Pure Oll..... 201
201
150 *
Radio Corpa of Am. 101
101
148
Republic Steel ..........
414 421
Reynolds Tobac. "B" 511 503
352
St. Joseph Lead Co.
Cerro de Pasco..... CertainTeed P'ducts · 17
74
74
Schenley
461 47%
17
Schenley 5% pt. ... 98*
96.
Chesapeake Corpn. 831 Chesapeake & Oblo 801 Chrysler Corpn. 114 Columbia Gas & E. 14)
83+ 80 1161
Bears Roebuck....... 871
Shell Union ÓI
31
301
Socony-VacuuKI
18
194
Columbia 8% “A” pl. 943′′
141 041
Bouthern Cal Edison 261
261
Southern Pacifc .... 362
371
Commercial Credit 571 Commercial Solvents 161 Commonwealth & 8. 27. Commonwealth cum. pt. "........... Consolidated Edison 387 Consolidated Oil ***** 17 Continental OÙ ..... 451 Corn. Products ........ 641 Curtiss Wright (C) Curtiss Wright “A” 18) Delaware & Hudson 191 Del Lackawanna, &
'Western ***** Distillers Corpn Bea.
grams Douglas Aircraft Du Pont Electric Boat
584
Southern, Rly 5% p. 517
517
181
21
$8
57
571 39 171
Stand Branda
14) Stand Gas & les 19 Stand Gas & Elec.
$7 pt.
141
104
611
Standard Oll of N.J. 691
701
Sterling. Products
601
451
85
Swift International 321 Technicolor
*321
*********** 201
201
61.
61
Texas Cult Sulphor 401
402
iot
Tidewater Assoc. Oil 19
191
19.
Timken-Detroit Axle 231
24
Transamerica.
171
122
1241
"20th Cent Fox Films 377
384
20th Cent. For Films
25
251
pt.
47.*
473
561
55+
Un. Carbide & Car-
155
155
.bon
.99
W.R. LOXLEY ́& C«. (CHINA) LÄB. Agusto
221
22
UB. Pacifc
140
Elec, Bond & Share 201 Elec. Bond & Share
141 Hong Kong, 14th April, 1997. |
* 20 *:*
United Aircraft
281
281
Un. Airline Trans
$5 pt. ......PARAMEEN Elec." Bond & Share 68
port
68
United Corpn.
The severe, drop in Crown Mines was due to a statement by the Se-Elec Power & Light 201 cretary of Agriculture and Com- Elec Power & Light merce that the mining" claims $7.pf. within the city limits of 'Bagulo | Firestone Tire & R 381- had been cancelled. Yesterday Mr. Flintkote ......
$8. pt. ........... '781
771
United Corpn. $3
211
Un. Gas T'provem't 13%
14
ሃገ
78+
Un. Light & power
37
US. Industrial Alco-
74
71
Gen. Asphalt
40 41.
bol
39
394
454* 45+
UB. Rubber
611
82
521 541
UB. Rubber $8. pi....991 101
584 591
US. Steel
49.
494
Vanadium
1124 112+ 324 321 Warner Bros Pict, 15 ···151
*
261
Westinghouse ec, 132
134
Youngstown Sheet
43* 444 .452..
43*
831 401
80.. 411
& Tube........................ 873 .. 881 Chase National Bk. 55%* 56 National City Bank 50*
50.
Call Moneyinenuit
1%
Í ez, öly
DIE.
·1%
here,
to
50
Cents
LOCAL DIRECTORY
OF
HONG KONG
(Including List of Factories)
MANILA NEWS
Mining Activities
The following is an extract from a letter received from Messrs. Ellls, Edgar & Co. Manila, P.1, dated 7th. April, 1937:-
United Paracale There are strong rumours that another rich, strike has been made and in view of the potential pos- sibilities of this property, we will not be surprised, if it proves to be authentic. It appears to us that this stock has been the subject of rather heavy bearish' attacks re- cently, and judging by the heavy volume traded in during the past two days, it is manifest that there is a rather strong element steadily accumulating shares at present levels.
Crown. Mines
To comply with the General Bonded Warehouse Regulations comignées must have Revenue Officer in attend ance when damaged dutiable goods are examined.
All claims must reach us before the 10th May, 1937, or they will not bo recognised.
No Insurance will be effected. Bills of Lading will be countersigned by
JEBBEN & C
Agenta.
Hong Kong, 11th April, 1997.
50 CENTS PER COPY
HANDY BOOK INVALUABLE FOR BUSINESSMEN IN HONG KONG
NOW
ON
SALE
PRINTED AND PUBLISHED BY
HONG KONG DAILY PRESS, LTD.
Tel. 30261.
MARINA HOUSE
3RD. FLOOR
15-19, QUEEN'S ROAD.
"",
Jorge Vargas, secretary to the President denied the statement. He stated that the matter has been referred to the Secretary of Justice and that the claims 'might be vall- dated inasmuch as they were locat- ed before the approval of the new mining law.
be
Market
With the exception of a short weak spell, the market to-day was firm throughout and appears to heading higher, despite the quiet influences of the bears. It is possible that the bearish trend is being overdone, in which case pur- chases at present levels should prove profitable. Many stocke‘ap- pear to be attractive and so zoon as more confidence is instilled' Into. the market, prices may recover
Gen. Cigar .. Gen. Electric Gen. Foods Gen. Motors ........... Gen. Railway Bigria! Gillette Safety Razor 242 Qudden Gold Dust
Goodrich (BF) Goodrich $5 p2. Goodyear
7
BLOCK TIN PRICE
about 50 per cent sharply. This is M.P. Asks For Action mines, which continues to be rare By Control Scheme
apart from "niewa concerning the
ourable.
Significant bullish factors are: Mr. Grenfell (Lab., Gower) ask- (1) Decision of the Manila Stocked the President of the Board of Exchange to distribute part of ite Trade in the House of Commons surplus funds, amounting to P615,- whether its attention had been 000, amongst its members, which called to the increase in the price wil make an allotment of F22,500 of block tin; and whether, in view of the addition to the cost.pt to each member.
manufacturing timplates cous quent upon these soaring prices he would call for action by the Tin Control Scheme to prevent the Indiction of this burden upon this important industry in the special area of Bouth Wales, PARA
Captain Euan Wallace, Becretary. Overseas Trade Department; writes
(2) Improved conditions of the copra industry indicating a pos- sibility that it may yield a larger sum than sugar to the Islands this year dhe pa
(3) The sugar conference now sitting in London for the improve ment of the sugar industry as A whole.
REICHSMARK RATES
Hans Berlin, April 12 The Reichmark, was quoted, without guarantee, at: ·
New York, 40.22. "Paris, 8972 Spade
** Amsterdam, 73:50 to 73.45,
London, 12.185.
-Paris sterling, 109.75 to 109.90.
Paris UB. dollars, 22.35 to 22.36. -Transockan News Serviceriss
NOTICE TO CONSIGNEES'
OCEAN STEAM SHIP CO, LTD.
CHINA MUTUAL STEAM NAVIGATION CO., LTD,
YONSIGNEES per Co.'s Vessel
FROM UNITED KINGDOM
HAMBURG-AMERIKA LINDE
NOTICE TO CONBIGNEES.
MUST WA
THE CAPE ST. GEORGE *
having arrived, from, Hamburg and Ports of call, Connigazem of Cargo are hereby notified that their Goods he being landad and placed at their zisk into the Hong Kong and Kowloon Wharf and Godown Company's godowns at Kowloon,
where
delivery may be obtained as soon as the Goods are landad. Optional - Cargo will not be luded
·YİK SINGAPORE are hereby notified, that their Cargo will be discharged. inta Holt's Wharf, Kowloon, where it will be at. Consignees rink and subject to Terms and Conditions of Storage at Holt's Wharf. The Cargo (will be roady for Delivery from Godown on and after 12th April. Optional Chargo
will not be landed No Claims will be admitted after the anises Notice has been given poods remaining undelivered after the Goods left the Godowns, and *). 1037 will be subject to
Vessel's arrival, but carried on from
here, unless Notice has been given 48 hours prior to wemel's arrival, but carried on from port to port to the final port of call to which the option extends.
port to port to the final port of call 19th Apr., 1037,
to which the option azienda.
Rant.
All broken; chafed and damaged froods All broker, chafed, and
and damaged
are to be left in the Godowns, where they Goods are to be left in the Godowns, will be examined on any Tuesdays and where they will be examined on 17th Friday between the hours of 10,15 LM. Apr, 1987, at 10.
Bally by and Noow within the
OLE
door within the Warton kevered.
Stenge period. Surveyors, Memes, Goddard & Dougl
To comply with the General Bonded
Goods have left
and all Goode Temel's Godown Warehouse Regulations, consigne muit
maining "undalivered, kavo » Revenue Officer in attendance after the 19th April, will be subject to when damaged dutlable: goods are Benta Be
All Claims against the Vpesel munt || All
must reddhe day before
be presented to the Undersigned on or the 19th Apr, 1987, or they will not before the 3rd May or they will not be recognidad be moognised,
No Fire Insárunde Heill be visitedi
BUTTERFIELD & SWIER
Agente.
in reply: "The International Tin Committee on Mar. 12 Increased| 12th April, 1937. the quotay for the April to June quarter of this year to 110 per cent, of standard, tonnages
Indian Japa
Japanese Trade Pact
So Insor boe will be effected. Bills of Lailing will be countersigned by
JEESIN 400,,
"Agente! (6189 Hong Kong, 12th April, 1987.
Japanese cotton trade protocol which, it is understood, will be effecti ko from April 1 The is, designed to regulate the
They have the position under constant review and I understood that they are holding a further meeting on Thursday next. A re- presentative of United Kingdom consumers 16 on the Consumers Ten zaooths of negotiations were | trading sof Indian raw cotton for Panel of the Committee and at brought to a conclusion by the nese piece tends the meetings.
initialling: to-day of the Indian-
New Delhils, April 12.
proto
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