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 SHANGHA! & ̈JAPAN"
"
S.S. "BENARTY 8th May.
Tal, 22533
For Freight and Fassage apply to:-
W. R. LOXLEY & CO., (CHINA) LTD.
York Building,
Agents:
THE BEN LINE STEAMERS, LTD.
50
Cents
LOCAL DIRECTORY
OF
HONG KONG
(Including List of Factories)
50 CENTS PER COPY
A HANDY BOOK INVALUABLE FOR BUSINESSMEN IN HONG KONG
NOW ON SALE
PRINTED AND PUBLISHED BY
HONG KONG DAILY PRESS, LTD.
Tel. 30251.
CONSIGNEES' NOTICE.
THE BEN LINE STEAMERS," LTD.
From LEITH, MIDDLESBRO', ANTWEET, LONDON AND STRAITS.
THE 3.8.BENREOCH."
ONSIGNEES of Cargo are hereby
landed at their risk into the hazardon and/or extra hazardous Godowns of the Home Kose And Kowloon WRARY AND Gonowa CoKRAFT, LED, whence and/or from the wharvon Delivery may be obtained.
Na Olaims will be admitted after the Goods have left the Godown, and al Goods remaining nadelivered after the 10th May, 1937, will be subject to rent
be
All Claims against the Steamer must presented to the Undersigned on or before the 24th May, 1937, or they will not be recognised.
To comply with the General Bonded Warehouse Regulations, consignees must
have A
Revenue Uber in attend- ance when damaged dutinole goods
are examined.
& Clarke.
All broken, chafod and damaged Goods are to be left in the Godowns, where they will be examined on the 8th May, 1937, at 9am, by Messrs. Carmichael No Fire Insurance has been affected Bill of Lading will be countersigned by W. B. LOXLEY & Co. (CHINA) Lap, Hong Kong, 4th May, 1987.
15148
MARINA HOUSE
3RD FLOOR,
-15-19, QUEEN'S ROAD.
ti
CANTON FACTORIES
HONG KONG DAILY PRESS, WEDNESDAY, MAY 5, 1937.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Hong Kong, May 4 Silver prices dropped 1/18 vester- day for both deliveries, the quota- tions being 20 5/18 for Ready and 20 3/8 for Forward. "Sliver advices reported China as having sold. In- dia bought. The market closed steady. American Ellver was quot- ed at 45 for Spot.
The London-New York cross- rate was quoted at 483.70. New York-London was quoted at 483.- 9/18.
MARKET
Dull but steady.
STERLING
No transactions were reported. There were sellers at 1/2 29/32 May-December, buyers at 1/2 15/16 for any delivery.
·
U.S. DOLLARS
A small business was reported at 30 5/8 for June delivery. There were sellers at 30 5/8 May-June and 30 9/18 July-September, buyers at 30 11/18 Cash-July and 30 5/8 August-September.
"SHANGHAI DOLLARS Nothing doing. There were sel- lers at 102 1/2, buyers at 102 9/16 for cash
SHANGHAI MARKET There were sellers of Bterling at 1/2 17/32, buyers at 1/2 9/16 for Spot: US Dollars, sellers at 20 7/8. buyers at 29 15/16 for Spot. Steady.
IN THE AFTERNOON
The market was extremely dall in the afternoon.
IN STERLING
The "market closed with sellers at 1/2 29/32 May-December, buyers at 1/2 15/18 for any delivery.
US. DOLLARS Sellers at 30 6/8 May-June and 30 9/16 July-September, buyers at 30 11/16 Cash-July and 30 5/8 August-September.
BASLE BANK" MEETING
Dr. Trip Presides
Basle, May 3. The Board of Directors of the Bank of International Settlements met here, and Dr. Trip of Holland, opening, the meeting read the annual report, and, his term of office expiring, retired, as President. Dr. Hjalmar Schacht (Germany) expressed the Board's appreciation of Dr. Trip's work, who will incld- entally remain member of the board, while Dr. Beyen was defin- itely elected President."
An ordinary general meeting of shareholders was then held. Its first action was to give unanimous sanction to the decision to separ- ate the office of President and Chairman. Henceforth Sir Otto Niemeyer will hold the office as Chairman of the Board of Admin- istration and Dr. Beyen will be President of the Board of Directors. The Bank will pay a 6 per cent dividend and it will be paid out in the currency of the country of issue and to the amount corres- ponding to the gold-value of the
dividend.-
Transocean New Service.
WORLD CONFERENCE
Basle, May 3.
NEW YORK STOCK EXCHANGE
Now York: May 4
(Through` Renter's Service?
QUOTATIONS
New York/London Cross rate Now York Cotton-July, Dec. New York Rubber-July Chicago Wheat-July Chicago. Corn Silver Official
July
cum. pl. ........ Baltimore & Oblo... 34
281 Barnsdall Ol Bendix Aviation ..... Bethlehem Steel 854 Boeing Airplane
Case, J.I.
Last Today's High Low Close Close Change
4.93-81/39 494.8/16 3/35 off 13.06 12.88, 12.91 13.00 18.77 12.61 12.65 12.76 21.31 31:10 21.09 21.10
,09 up.
,10 ар
13
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings
President Liners frequent sailings and their unique stopover privileges. Allow you 10 travel just exactly as you choose, And Dollar Stoernship Lines and Americas Mall Line worldwide offices and agents are maintained to serve jen sabore in whatever place you chance to be. Make your next trip more enjoyable, travelling “The Fesident Ling way."
TO SAN FRANCISCO NEW YORK AND BOSTON
Via Shanghai, Kobe, Yokohama, Honolulu, San Francisco, Panama Canal and Havana. Pres. Lincoln Pres. Coolidge
8 m. May 19th Noon June 3rd Pres. Wilson 8am. June 18th Prea. Hoover Noen Jane 26th Pres. Cleveland M'aight Jely 13th Prea. Coolidge Noon July 24th
EUROPE, NEW YORK
TO SKATTLE, VICTORIA "THE EXPRESS ROUTE*
Via Shanghai, Robe and
Yokohama
Pres. McKinley M'night May 8th Pres. Grunt M'night May gist Pres, Jackson M'night June 4th Prea Jefferson M'night 'une 18th Pres. McKinley M'night July 2nd Pres. Grant
M'night July 18th MANILA
THE MOST FREQUENT SERVICE
Next Sailings
8am. June 6th Pres. Grant
6 p.m. May 25thi
9 p.m. May 27th
6 p.m. May 29th
MOST FREQUENT SERVICE ON THE PACIFIC
DOLLAR STEAMSHIP. LINES * AMERICAN MAIL LINE*
•
PADDER BUILDING-HONG KONG,
•
CANTON BRANCH-21, FRENCH CONCESSION, BHAME) N.
SERVICES, CONTRACTUELS DES
'MESSAGERIES MARITIMES
CONSIGNEE NOTICE.
S.S. PORTHOS *
12*A/37.
BRINGING CARGO FIK MARSEILLES, via Saigon, etc.
ARRIVED HONG KONG or MON- DAY, THE 3RD MAY, 1937.
CONSIGNEE NOTICES.
HAMBURG-AMERIKA' LINIE
NOTICE TO CONSIGNEES.
THE M.8.
T
"LEVERKUSEN " baving arrived from Hamburg and Forta of call, Consignees of Cargo are hereby notified that their Goods ar being landed and placed at thoir risk into Kowloon Wharf & the Hong Kong Godown Company's godowns at Kowloon, where delivery may be obtained as soon as the Goods are landed.
01 up
-120 1181 118 117
1107 118
117 117
#up
1936/7
High
Low Dow Jones Averages
May 1.
194.40 143.13 30 Industrial'
174.49
May 3 High Low Close 175 59 17418 174.89
Change .17. op
64.46 40.60 30 Raile
$8.99
68.75 58,10 58,25
.01 off
37.54 18.43 90 Utilities
29.10
29.52 28.12 29.10
13 up
100.01 98.92 40 Boods
83.44
101.13
65:58 11 Commodity Index 74.01
101.16
74.44
.03 up
.47 off
Business Done;-640,000 shares.
Stocki Adams Express Allis Chalmers
Amer. Can..... Am. Car & Foundry
Last Bair May 1 3
13 183 "647 64
981
ist
FL)
Stocks
May 1 3 Great Northera Rly. 52 52/ Great Western Sugar 95) 35** Holly Sugar Corpn.
Via Manila, Singapore, Petzung,
Humble Of
At
784
Colombo Bombay, Suez Canal.
Amer, Cyanamid .... 302 Amer. & For. Power Amer. & For. 37 pf. Amer. Locomotive Amer. Metals....... Amer. Radiator Amer, Rolling Mill
311
Int. Nickel
591"
801
Naples, Genoa and Marsellies.
81
8
Int. Tel. & Tel
11
11
52 *
53
Int, Dept Stores
201
27
Amer. Smelting.....
487* 49 224 221 35 35. 85)
147
Kennecott Copper
64
63
Pres. Pierce Ram. May 8th Pra. Pierco Pres Van Buren 8 a.m. May 23rd Pree, Lincoln Pres. Garfield
8a.m. Mar 9th Mhight May 11th
494
Lambert Corps.
121
124
Pres. Hayes
Pres. Mouroc
Loew's Inc. ....... 781
5+
Pros, Adama »
8am. July 4th Pres. Coolidge 8am. July 18th Pres. Jackson
84.. Jane 20th Pros. Van Buren 8 am May 23rd
Lorillard
21
21+
851
McIntyre Porcupine
Amer. Steel Fdries. 5514 Amer. Sugar ....... Amer. Tel & Tel... 1644 Amer, Tobacco "B" 81 Amer, Waterworks
551
McKesson & Robbins 45 *
447
45**
15
Monsanto Chemical 86*
874
187
Montgomery Ward,
551
540
BIL
Murray Corpn. .......
15
147
20
20
Nat Cash. Regktor ..
26 *
27
Anaconda Copper... Atchison, T. & 8, Fe. 870 Atlantic Refining... 31
514
511
Nat Dairy Products 23
23
671
Nat Distillers .........
31
302
31
Nat Power & Light
10-
104
Atlas Corpn.
18+
181
New York Central ...
461
461
Auburn Motors Baldwin Locomotive
29
28**
Niagara Hudson P.
Corpn.
121
12
CONSIGNEE NOTICES.
09
99.
North American
241
244
334
Northern Pacifc
33+
33
28
Pacific Gas & Elec.
304
30
Pacific Lighting
45 *
451
85
Packard Motom......
·92
91
37
381.
Paramount
217
211
Borden Co.
251
251
Pennsylvania R.R.
442
44
Briggs M'facturing 46
451
Phelps Dodge
Brooklyn-Manhattan
Phillips Petroleum...
56+
571
Trans
34
347
Public Service of N.J. 43
421
"Brooklyn-Manhattan
Pullman Inc. ..........
$6 cum, pf.
83 *
85.
Pure Oll
191
194
1684
184 *
Radio Corpn of Am.
9+
Dt
Canadian Pacific
13 "
131
Republic Steel ........
38+
38
Celanese Corpn. of
Reynolds Tobac. "" 50
501
America
36
381
Cerro de Pasco ......
68
68
St. Joseph Lead Co. Schenley
44
435
Certain-Teed Pducts 174 Chesapeake
171
Schenley 54% pt.
94 + 94*
Corpn. 84. Chesapeake & Ohio 591 Chrysler Corpn..... 113! ..1131 Columbia Gas & El 13 Columbia 6% "&" pf. 931* Commercial Credit 62) Commercial Solvents 15. Commonwealth & 8. Commonwealth $6
cum. pí.
85
Sears Roebuck
861
661
59
Shell Union Of
281
29
Socony-Vacuum
197
191
137
Southern Cal Edison
254
25+
Southern Paclic
371
371
614 16
Southern Rly 5% pt,
49
49
Stand Brands
131
131
27
Zł
Stand Gas & Elec
9
9
Stand Gas & Elec.
53
53
$7 pf.
502
514
Consolidated Edison 372-
372
Standard Oil of N.J.
664
07/
Consolidated Oll
16 161
Sterling Products
641.
89
444
441
Swift International 317
311
.653
037
Technicolor
231
22$
J 6
B+
Texas Gulf Sulphur, 374
362
10
181
181
Tidewater Assoc. Oil 182 Timken-Detroit Axle 221
181
*22
Western Distillers Corpn Sea.
1331
134
·Transamerica ... 141 20th Cent, Fox Films 374 20th Cent. Fox Films
15
375
Agent
Bona Kong, 3rd May, 1937.
[241
211
211
grama
Ff.
464*
46
54
55
Un. Carbide & Car-
1541 154*
99
981
ban
NOTICE TO CONSIGNEES
19
10
Ün. Pacific
142
142
19
United Aircraft
26
261
Un. Airline · Trans-
$5 pf....................................¶¶ leg, Bond & Share
$6 pr. Elec Power & Light Edeo Power & Light
65 *
65.
port...........ngimus
173
171
United Corpn.
5+
51"
751
781
United
Corpn. *
191
.. 191
cuin pt.
411 41
Un. Gas Iprovem't 13,
13
701* $7 pf....... Firestone Tire & R 354
73
Un. Light & power
351"
↑
7
MIN
US. Industrial Alco-
35)
351*
bol
35+
361
41
391
US. Rubber
58%
531
534
US. Rubber $8 pl. 88.
58 89
58 577
US. Steel
101
1014
431.
432*
Vanadium
294
281
Gen. Railway Signs! Gillette Safety Razor 241 Glidden
Warner Bros Pict,
134 121
24ł
45 42 " 431 44 80.* 814 411 411
& Tube
801 Chase National Bk. 53 * National City Bank 47" Call Money
10%
87.
tex. div.
523* 401* --1% Bld
Continental Oll Com. Products Curtiss Wright: (C.) Curtiss Wright "A" 193 Delaware & Hudson Del. Lackawanna" &
Douglas, Aircraft Du Pont Electric Boat
Elec, Bond & Share 101 mec. Band & Share
"A powerful plea for an interna- Flintkote tional conference
to discuss the | Gen, Asphalt economic situation confronting the Gen. Cigare world was heard when Dr. Trip Gen. Electric read the annual report at the Gen. Foods meeting of the Board of Directors Gen. Motors of the Bank of International Bet- tlements here.
Quota systems and import bans are denounced in the 'report as
Gold Dust.............
The Kuangtung Provincial Gov- ernment's Paper Manufacturing Plant will start operations about July. It will be capable of produc- ing 50 tons of paper daily; accord-factors hindering world trade and Goodrich (BF) ing to the "Canton Daily Sun.” are, together with the complete | Goodrich # pt..
The Fertilizer Plant is expected lack of any regulations regarding Goodyear
to start work in the early part of currencies, responsible for the pre- 1938. New machinery is being in- sent state of affairs, Dr. Trip said: stalled there.
"World opinion is beginning to The Government-owned Gunny-demand that a serious effort be Bag Factory, which started work made to solve these big and out- on April 1, is progressing and 18 standing questions. They must be capable of producing 5,000 bags taken in hand with understanding dally.
and courage and goodwill, Only then will it be possible to achieve satisfactory results,—–— Transocean News Service.
JAPAN SENDS MORE GOLD TO UNITED STATES
For the fifth time in the past two months, gold bullion valued at Y21,449,900 left Kobe for the United States aboard them.v. Tatsuta Maru.
With to-day's shipment, the total value of bullion transferred by the Japanese Government and the Bank of Japan to bank vaults in New York has now been brought up to Y.86,000,000. Another ship- ment will be made within the next few weeks.
SINGAPORE' RAW RUBBER
H.B. JOSEPH & CO.
Hong Kong, May 4.. Mesars H. B. Joseph & Co., re- ceived the following quotation from Singapore in Straits Currency for Raw Rubber
Spot June
July-Sept. Oct.-Dec. Market: Quiet..
Buyera
361 down i 351 down t 354 down' I 35% down t
ཙི་
932*
.
Westinghouse Elec. 139, 138 Youngstown sheer
CONSIGNEES are hereby informed their goods with the exception of Opium, Treasure and Valuables are being landed and stored into the Go downs of Hong Kong, Kowloon Wharf Godown Co., Ltd, Kowloon, whence delivery may be obtained immediately after landing.
All claims must be sent is to me an or before the 12th May, 1937, or they will not be recognized.
Damaged Packages will be examined by the Company's Burseyor, Mesars, Goddard & Douglse in the presence of the Consignees at 10.00 a.m. on Satur- day, the 8th May, 1837.
Consignees must have a Revenue Officer in attendance when any datable goods are siamined by the Company's Burveyors
No Fire insurance will be effected by us in any case whatever.
R. OEL,
OCEAN STEAM SHIP CO, IT)).
AND
UHINA MUTUAL STEAM NAVIGATION CO., LTD.
ONSIGNEES par Co's Vouse!
"EURYLOCHUS "
FROM UNITED KINGDOM AND CONTINENTAL PORTS VIA
**
SINGAPORE. are hereby notified that their Cargo will
be discharged, into Holt's Wharf, Kowloon, where it will is Consignsés" risk and subject to Terms and Conditions of Storage at Holt' Wharf. The Cargo will be ready for Delivery from Godown on and after 1st May.
Optional Cargo will not be landed bere, unless Notice has been given 18 hours prior to Vessel's arrival, but carried port on from port to port to the final of call to which the option extends,
No Claims will be admitted after the Goods have left the Godowns, and a Goods remaining undelivered after the 10th May. 1937, will be subject to Bant
All broken, obnfed and damaged Goods are to be left in the Godowns, where they will be examined on 8th May, 1927, at 10 am., by our Surveyors, Messrs. Goddard & Douglas,
To comply with the Ganers! Bonded Warehouse Regulations consignees must have a Revenue Officer in attendance when damaged dutisble goods are examined.
All Claims must reach us before the 2nd June, 1987, or they will not be recognized.
No Insurance will be effected.
Bill of Lading will be countersigned by
JERSEN &"00"
Agents.
Hong Kong, 2nd May, 1937. * [5237
MAERSK-LINE
NOTICE TO CONSIGNEES,
THE M.S.
TEE
"PETER MAERSK "
having arrived, from Now York and Forts of call, Consiguess of Urgo are hereby notified that their Goods are being landed and placed at their risk to the Hong Kong and Kowloon Wharf and Godown Company's godowns at Kowloon,
delivery may obtained as soon as the Goods are finded. Optional Cargo will not be landed bere, unless Notice baa been given - 48 hours prior to vessel's arrival, bat carried on from port to port to the final post of call to which the option extends.
No Claims will be admitted after tha Goods have left the Godowns, and ali Goods remaining undelivered after the 7th May, 1937, will be subject to
Optional Cargo will not be landed heze unless Notice has bean given prior to Steamer's arrival, but carried on from t to the final port of call to port to
to port which the option extendai
All broken, chafed and damaged fooda
broken, chafed, and damaged are to be left in the Godowns, where Goods are to be left in the Godowns, they will be examined on say Tuesder where they will be examined on 6th and Friday between the hour of May, 1987, at 10 by BIG SULPHIDE PLANT 10, and Noor within the Free Burveyor, Capt. Walter C. Weston. JAPAN'S WOOL
Storage periodi
To comply with the General Bonded TRADERS WORRIES PLANNED IN ONTARIO No Claims will be admitted after the Warehouse Hegulations, consignees must Goods have left the Steamer's Godown, have a Revenue Officer in attendance Japanese wool traders are, now Toronto-A group of Uniter and a Goods remaining undelivered when damaged datiable goods are
After the 8th May, will be subject {examined, pessimistic as to their business re-states, British and Canadian capi- to Hent. sults this year. They fear that
All claims must reach us before All Olaims against the loamer matthe 30th May, 1937, or they will not talists, headed by R. O. Bweezey ofe prosented to the Undersigned on or be recognised. their export trade this year will
Montreal, have completed negotia- before the 2nd May, or they will No Insurans will be effected. not reach the Y50,000,000 mark. Last year their exports totalled tions with the Ontario Government not be recognised/red
Bill of Lading will be countersigned by No Fire Insurance will be affected -
JEBSEN & CO., 7.61,268,000.
for the construction of a $6,000,000
BUTTERFIELD &
Agents. high-grade bleached sulphide plant
Hong Kong, lut May, 1087, near the village of Nipigon to be 1st May, 1937. started this year. Fremier M. F.
REICHSMARK RATES
Berlin, May 3. The Reichsmark was quoted, without guarantee, at:-
New York
It is complained that the above difficulty is due largely to the re- striction of wool imports, especially the necessity of making purchases In countries other than Australia at Hepburn states that the contract higher prices, which has been caus- will be ratified by an order-in- ing their cost of production to counell mount. To-day, woollen yarn No. 60 costa Y.3.25 a lb. as against läst years Y.2.40.
The rise in the prices renders it extremely dimcult to compete with foreign makers who have succeed ed in making covers of their raw material at low prices.
::
FIRE
Agent
{6234
is hoped by 1839 to raise the capa- The new company, which will be city of the plant to 400 tons. incorporated as the Lake Sulphide Approximately 225,000 cords of Pulp Company, Ltd., will begin con- wood are to be cut annually by the reallocation struction of its 200-ton mill on June Arm, and under the 1. this year, he said, proposing to be legislation of last year the Govern in operation a year from then. ment will make available some Some 1600 men will be employed in 6,000,000 cords of pulp to the con- plant and bush operations, and ft kcern over a period of 20 years,
།
Parl
"""
(8286
40.23 82T- Amsterdam 73.28 to 73.30. London
12.277-
Paris sterling ....... 110.08 V.8: dollar
21.312 Transpcran News Service.
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