1937-05-11 — Page 13

Daily Press 孖剌西報 All

Triestina

Lloyd

NEXT SAILINGS

To Italy "Conte Biancamano" 16 May

To Shangbai

Conto Biancamano"

SPECIAL RETURN TICKETS

Validity 100 days at greatly reduced cost allowing of 2 months stay in Europe. Special concessions to 1st and 2nd Class travellers to London.

Fares to Venico, Trieste, Genoa and Return;.,£139, £88, CLA Special Two Months' Round Trip Tickets At Reduced Rates

LI

TO BOMBAY

£44

£25

€21

COLUMBO

2

£41

22

£19

"

SINGAPORE...

£18

£13

£11

SHANGHAI ...

12

£ 9

£ 6

BOUND THE WORLD tickets issued at Special Reduced Rates in connection with all the Trans-Pacific & Trans-Atlantic Confer "noe Lines.

"ITÁLIA" LINE Agents for the sale of through and indepen- dent tickets to North," Central and South American ports via Italy, THROUGH TICKETS TO LONDON 23 days Special facilities for despatch by train of heavy baggage with liberal free *llowance."

INTERCHANGEABLE RETURN TICKETS with the Dollar Lines on very favourable conditions,

LLOYD TRIESTINO PO Box 143.

Tel. Addra "Lloydiano" - Telephones 32089/3. Canton Agents:-DODWELL & CO. LTD., Shameon.

JAVA

CHINA

JAPAN

VISIT BALI AND JAVA Special Round Trip Fares 1st Class Hong Kong Batavia- Hong Kong H$350. Hong Kong-Bali-Java-Hong Kong

R$450

TRANSPORTATION ONLY

H$915.

INCLUDING TRANSPORTATION;" MAINTENANCE & TOURS ASKORE

Rong Kong ·Manil»- Hong Kong H$135.

NEXT SAILINGS-

TO BATAVIA DIRECT S.S. "TJISARDEA" 18th May, 11 am.

·Tender Queen's Pier 10,01- a‚mı, Temler Felice Pier 10.26'TH

TO MANILA, CFBU, MAKASSAR. BAL & SOERABAIA m.s. "TJINECARA" 11th May, 10LM.

Tender Queer's Pler 8.00 am. Tender Poles Pier 9.15 . TO AMOY & SHANGHAI 5.s. "TJIBADAK" 12th May For further information apply:.

Holland-China Trading Co..

Canton H. "Nolasco da Silva, Esq., Macau JAVA-CHINA-JAPAN LINE York Building

Tel. 28015.

MODERN

UN EXPRESS SERVICE

MAERSK LINE

Fast regular FREIGHT and

PASSENGER SERVICE

Vi

Shanghai, and Japan

to

LOS ANGELES, PANAMA, NEW YORK, BOSTON, PHILADELPHIA & BALTIMORE.

If sufficient inducement offers also other ports of call.

Arrivals from UB.A.

Sailings to U.S.A. 27th May

·M.V. “ PETER MAERSK'

(All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGEPS AT MODERATE RATES.

For Freight and Passage please apply:-

JEBSEN & CO.

Canton, Shameen, B.C. Agents. Hong Kong Fedder Building.

Tel. 10916,

Tel. 28363.

S.S. "BENARTY".

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH

on or about the 9th June.

Cargo will also be accepted on through Bill

of Lading to the usual transhipment ports..

Next Sailing for SHANGHAI & JAPAN

S.S.

·BENMACDHUI

www

For Freight pod Prange apply to

Tel. 22533

25th May,

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

York Building...

Agente

THE BEN LINE STEAMERS, LTD.

HONG KONG DAILY PRESS, TUESDAY, MAY 11, 1937.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Sliver prices were unchanged over the week-end, the quotations remaining at 20.3/8 for Ready and 20 7/18 for Forward. The Silver market was featureless.

The London-New York Cross- rate was quated at 493.80. New York-London was quoted at 493- 11/18.

MARKET

Stagnant,

STERLING

No business was reported. There were sellers at 1/2 29/32 May- December, buyers at 1/2 15/18 for any delivery.

US, DOLLARS

Business was reported at 30 5/8 first half of July and 30 0,10 De- cember. There were sellers at 30 5/8 May-June and 39 9/18 July- November, buyers at 30 11/16 Cash-July and 90 5/8 August- December.

SHANGHAI DOLLARS Business was done at 102 9/16 for cash. Sellers probably at 102 9/16 for cash, buyers at 102 5/8.

SHANGHAI MARKET There were sellers of Sterling at 1/2 17/32, buyers at 1/2 9/16 Spot. U.S. Dollars, sellers at 29 7/8, buy- ers at 29 15/16 for Spot.

IN THE AFTERNOON The market was quiet in the afternoon.

• IN STERLING The market closed with sellers at 1/2 29/92 May-December, buy ers at 1/2 15/16 for any delivery.

US. DOLLARS

The market closed with sellers at 30 5/8 May-June and probably July, and 30 9/16 August-Decem- ber, buyers at 1/16 higher respec- tively.

FRANC'S FUTURE

UNCERTAIN

Devaluation Rumours

The future of the franc, which to-day stood at only a fraction above the low limit fixed by de- cree last October, is the subject of general concern, writes a respondent in the "Dally Tele- graph" of Aprü "22.

Cor-

NEW

Now York: May

YORK STOCK EXCHANGE

(Through Reuter's Service!

QUOTATIONS

New York/London Cross rate New York Cotton-July Dea.

Lazt Today's High Low Close Close Change

4.93- 4.93-11/16 1/18 up 13.10 13.04 13.08 13.08 unchanged

· 12.85 12.70 12.89 12.84 .09 up 23.64 9950 98.19 $2.60

83.44 68.58 11 Commodity ludes 7485

Allis Chalmers Amer. Can

Am. Car & Foundry Amer; Cyanamid.... Amer. & For. Power Amer. & For. $7 pf. Amer. Locomotive...

Boeing Airplane Borden Co.

49

May 7

Int. Tel. & Tel.

.617 11

9

541

McIntyre Porcupine

791 221 .221

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

Sailings

President Llors' trequent sailings and their anique stopover privileges silow you to travel Junk exactly sê you choom, and Dollar Biesmahip Lines and American Bill 200 worldwide off.com Ingenta are matutained to meren yen ashore in whitever pisos you dianer to be. Eake your next izip moss enjoyable, travelling ""The President Edne wig,

TO SAN FRANCISCO \NEW YORK AND BUSTON

--

Via Shanghai. Kabe, Yokohama,

· TO SEATTLE, VICTORIA “THE EXPRESS ROUTER

Honolulu, San Francisco, Panama AS Via Shanghai, Kobe and

Yokohama

MANILA

Canal and Havana. Pres. Lincoln 8. May 19th Pros. Grant M'night May 21 Pros. Coolidgo Noon June 3rd Pres, Jackson M'night Jure 4th Fros, Wilson 8am. June 16th Pres Jefferson M'aight June 18th Pros, Hoover Noon Jane 28th Pres. MeKinley M'night July 2nd Fres. Cleveland M'night July 13th Prea Grant M'night Inly ach Pres. Coolidge Noon July 24th | Pręs. Jackson M'aight July soth EUROPE, NEW YORK

Via Manila, Singapore, Penang, Colombo, Bombay, Suaz final, Naples, Genoa and Mamailles. Pres. Van Buren 8'am. May 23rd Pres. Garfield 8am. June 8th Pres. Hayes 8am. Juno 20th Pres. Van Buren 8 a.m. May 23rd Pres. Monroe 8am. July 4th Pres. Coolidga Pres. A dams 9am. July 18th Pres. Jackson Pres. Harrison 8.a.m. Ang. let Pres. Garnold

THE MOST FREQUENT

SERVICE

Next Sailings

Pres. Lincoln M'night May 11th Pres. Grant

p.m. May 17th

9 p.m. May 27th 6 p.m. May 29th

Sa.. June 6th

MOST FREQUENT SERVICE ON THE PACIFIC

DOLLAR STEAMSHIP. LINES * AMERICAN MAIL LINE *

FEDBER JUILDING-HONG KONG,

CANTON BRANCH -{}, FRINGE CONCESSION, SHAMEDN.

New York Rubber-July Chicago Wheat -July Chicago Corn Silver Official

48 up

117 115

117 117

-July

119 119

118 119

of off

45 unquoted

1935/7

May 8.

High

Low Dow Jones Averages.

May 7.

Bigh Low Close Change

194.40 143.11 30 Industrials

.175.89

170 05 175.99-178.34

.35.off

*84.48 40.88 20 Rails

60.611

60.33 60.03 60.14

.49 off

37.54 95.23 20 Utilitzen 100.01 98.92 40 Bonds

29.28

29.34 29.13 29.93

101.78

101.72 7472

.0% off! ,07 off

17 up

Business Done:—280,000 shares.

Stocks Adams ExpreAN

Lest Sala.. May 7 8

19 18 632 631 101

Last Sale

Stocca

Great Northern Rly. 541

Great Western Sugar 36

1011

Holly Sugar Corp

Humble Ou ..

771

771

301

. 301

Int. Nickel

83

81

101

54

.53 ⚫

48..

Int Dept Stores Kennecott" Copper

274 69

2T

69

Amer. Metals ......... Amer. Radiator

521

52

Lambert Corpn.....

123 121

221

22

Loew's Inc.

787

Amer. Rolling Mill.. Amer. Smelting .... Amer. Steel Fdries. Amer. Sugar Amer. Tel. & Tel... 167 Amer. Tobacco. “B” BI‡‡ Amer. Waterworks ... 2014 Anaconda Copper Atchison, T., & B. Fe. Atlantic Reaping Atlas Corpn. Auburn Motors ...... Baldwin Locomotive

$ cum. pí Baltimore & Ohlo... 347 Barnadall Ol

Bethlehem Steel Bendix Aviation

36 862

352

Lorillard

867

541 541 451

46*

* 167

McKesson & Robbins 451" Monsanto Chemical 881. Montgomery Ward.

451*

87

531

531

81+

Murray Corpn........

142

141

20

521

531

931 923

Nat Cash Registor Nat Dairy Products 23 Nat Distillers.

264

271*

23

312

311

301 30

Nat Power & Light 10

101

161

16

New York Central

481

48

29 *

29 *

Niagara Hudson P.

Corpn.

1341 13

197

26.

North American

251 25

341

Northern Pacific

35+

347

27/

271

Paclic Gas & Elec. 301

30+

Pacifc Lighting .... '45'

45

BURNS PHILP

LINE

371

361

371 361

Packard Motors ***** Paramount. 21

201

M.V.

251

253

Pennsylvania R.R. 442

441

Briggs Mfacturing 459 Brooklyn-Manhattan

46

Phelps Dodge

"NEPTUNA Due 26th May.

Phillips Petroleum ". 55+

554

Trans

317

31

Public Service of NJ. 417

414

Brooklyn-Manhattan

$6 cum, pf.

82

Pullman. Inc......... Pure Oil

191

Case, J.I..

1701

1691

Radio Corpn of Am.

91

Canadian Pacific

131

131

Republic Steel ...............

381

381

Celanese Corpn. of

Reynolds Tobac. "E" 501

501

America

401

391

Cerro de Pasco

68

66

St. Joseph Lead Co. Schepley

444

441

CertainTeed P'ducta 184 Chesapeake Corpn. 82. Chesapeake & Ohio 581 Chrysler Corpn.

..... 1157 Columbia Gas & El. 13 Columbia 6% "A" p. 95

161

Schenley 51% pt.

94 *

81

Sears Roebuck

87#

87+

581 1151

Shell Union Oll

301

30

Socony-Vacuum

191

191

131

Southern Cal Edison

25

247

944

Southern Pacific

39%

39

Commercial Credit 64+ 631 Commercial Solvents 154 154

21

Southern Rly 5% p. 51+

514

Stand Brands

131

18.

22

Stand Gas & Elec. 9

Stand Gas & Mec.

52..

$7 pi...

511

51

38分

Standard Oll of N.J. 874 871

153

154

Sterling Products .. $41

65

44

44

661

65.

Swift International 317 31 Technicolor

223 221

Curtiss Wright: (C.). Curtiss Wright "A" 184 Delaware & Hudson 20 Del. Lackawanna &

6

51

Texas Gulf Sulphur 37

37

189

Tidewater Assoč. Oli 181**

18

20

Timken-Detroit Axle 231

23+*

Transamerica. #414424 14.

141

Western

*** 1921

131

20th Cent. Fox Films. 374. 37%

20th Cent, Fox Flims

22

221

54

52

DI. Un. Carbide & Car-.

484

157

1581

bongpaa

091

99

Electric Boat ........

192

191

Un. Pacing

1431 143

181

United' Aircraft

26

253

Un. Airline Trans-

87+

66 *

17

16

42

T ̈*

781

United Corpn...... 51 United Corpn. $3

41.

Un. Gas Tprovimit 13

74 351

Un. Light & power

"A". U.S. Industrial Alco-

01

334

33+*

36

43 *

421

UB. Rubber

59

531

53+

US. Rubber. $8 pr. 864

591

59+

US. Steel...

1041

1034

451

.45 *

Vanadium

291 29

CONSIGNEES' NOTICE.

127

127

231

Westinghouse ec. 1381 1384

Youngstown: Sheet

+

444

44. 44

& Tube...... 894

89

Chase National; Bk. 534"

527*

From LEITH, MIDDLESBRO',

THE BÊN LINE STEAMERS, LTD. THE BEN LINE STEAMERS, LTD.

FROM LEITH, MIDDLESBRO',

414

82 * 82.*

41

National City Bank 474* Call Money

467*

1%

1%

• Bid

This morning the franc dropped Commonwealth & S. to 111.35 to the pound, 35 centimes

Commonwealth $6 below the legal level.

cum, pl... 541 Consolidated Edison 384 Consolidated Oil Continental Oll Corn Products

It was a day of agitated move- inent on the market, caused by spasmodic - Intervention by the French Exchange Equalisation Fund. After its fall to 111.35 the franc was brought up with a jerk to 111.80.

It was then allowed to fall slowly and closed at 110,97. This com- pares with the 111 of yesterday's | Distillers Corpo Bes final quotation.

བར། ན་་་་-ཅན་ན The activities of the Equalisa- Douglas Aircraft tion Fund and the nature of the Du Pont demand which is depressing the frane are a subject for specula- tion. Some close observers of the market believe that the fund has spent large sums in buying" dollars and gold during the past few days. This would cause a fall of the franc.

.

Elec. Bond & Share 18) Elec., Bond & Share

$5 pl............ Elec. Bond & Share

$8 pl...erosen Elec Power & Light 191 198 Mec Power & Light Experts differ concerning the spf.

75 parts played by ordinary commer- Firestone Tire & R 354 clal transactions and mere spe- | Fatrol culation in dragging down the Gen, Asphalt franc. In certain quarters. em-

Gen. Cigar... phasis is laid on the debit balance

Gen. Electric In France's foreign trade, the par- Gen. Foods, chase of sterling for visitors to the

Gen. Motor Coronation, and even on Mr.

Gen. Railway Signa! Chamberlain's Budget.

Gillette Safety Razor 231 Elsewhere it is hinted that a

Glidden considerable body" of speculative-

Gold-Dust... dealers are convinced, in spite of

Goodrich (BP) S... 441 all denial, that ari early, change

Goodrich 15 pf. in the value of the dollar, will

Goodyear automatically unpeg the franc.

Finally, there is the uncertainty of the internal situation here.

H. K. SHAREBROKERS ASSOCIATION

BUYERS

HK Banks, $1850. Underwriters, $1.50. HE. Fires, $280. Wharves, $110. Providents. (old), $2.25. Providents (New), 50 cts. H.K. Docks. $303.

Hotels, $7.25.

Lands, $35.35.. Trams, $14.90.

China Lights (Old), $14.30. Electrics, $80 Vibro Plling, $4.75. Bagula 'Gold; 31 ete.

BEZSELLERS

Electrics, $61

Watsons, $5.4:

MALISALES

Hotels, $7.25.

£650 FOR SIX CHAIRS

Rothschild Sale Surprises

There were several surprises in the Rothschild sale, conducted at 148, Piccadilly, W. by Mr. C. V. Plikington, of Sotheby's, recently, The sale totalled more than £10,-

Warner Bros. Fict,

##, E##ཊྛaཀྰརྫོ ཙོསྒ##ཊྛཾཛྰ་ཀྰnརྣོདཿཚཨྰཿ ཨྰཿཀྰ ནཱརནཱནཱ, ཙོངྒངྒིདྷནཱནོབྷངྒེཀྐཝཚོཊྛིཊྛིཀྑོཏྟäབྷཱནཱ ཙ ཝབྷུསྶ ནཱཙ, ཙནཱ, ཙ ནa8ཊྛོ8བོཙྪཱ ཙིཏྟཾ

...

40%

13

i az div.

experts were playing ostrich. in a few moves the contest had reached £300, and rapidly a finál bid of £650 was given by 6. R. Rosenberg,

of Paris and Amsterdam.

||

PASSENGER & FREIGHT SERVICE TO AUSTRALIA

Salling Monday, 31st May

for Saigon, Manila, Sandakan, Salamana, Rabaul.

Sydney & Melbourne.

First Class Face to Sydney:

Single: £47.10.04. Return: £76..0.0.

Passenger & Freight, Agents :--

GIBB, LIVINGSTON & CO., LTD. Telephone No. 28031.

P. O. Building.

Joint Passenger Agents ——

Nippon Yusen . Kaisha

King'. Building.

CONSIGNEES' NOTICE.

ANTWERP, LONDON

AND STRAITS.

THE 8.8. "BENREOCH."

NONSIGNEES of Cargo-are hereby

informed that all Goods are being landed at their wink into the hazard under artes hazardous Godowas of the Gonews Gouran, Lap, whenon and/or HONG KONG AND KOWIDON WHART AND from the whares Delivery may be obtained.

ANTWERP, LONDON AND STRAITS,

THE 8.8. "BENARTY."

CONSIGNEES of Cargo are hereby landed at their risk into the hazardous informed that all Goods are being and/or extra bazardous Godowne of the todomayor Dollvery my bestained. Hong Kong and Kowloon Wharf and Bodown Con whene and/or from

AII

No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining indelivered after the 14th May, 1937, ll be abject to Bent Against the Steamer met he presented to 10 Undessigned an or before the 28th May,

they will not be recognised

comply with the General, Bonded

when damager dutiable goods are have a Beremur. Ofoer, in attendance examined

To

not be recos with the General Bonded Warehouse Regulations, consignees must

Could the old Rothschild family footmen and retainers have known that they were sitting, on chakra worth more than 100 guineas Goods have left the Godowns, and all No Claims will be admitted after the aplece? Sotheby's experts had Goods remaining-tibdelivered after the rightly divined that the fan- 10th May, 1937, will be subject to rent. shaped backs of the chairs, with Cision against the Steamer unes their caryatid supports, were of be presented to the Undersigned as or the type that used to be in the before the 24th May, 1937, or they will palace of some 16th century Vene-

To comply tian Doge.

Warehouse Regulations First bids were for such neces- It was in the atness of things mast have a Revenue, Ofour ind suryappurtenances of the en- that the highest price of the ance when damaged, datiable, goods trance of a town house as iron and afternoon-£1,025, given by ME.

are examined, desca

All broken, obated and damaged Goods are to be left in the Godorns where brush boot scraps, fibre mats, and Claude Partridge-should be for are to be left in the Godowns, where they will be examined on the 11th large carriage umbrella, for which that dainty, Louis Quinze mar- they will be examined in the Stly May, May, 1837. st. 9° am – by. Mouzza. works of art 23 was paid by a queterie bureau de dame in the 1937, 9 by feat. Carmionel Carminhkel & Clark, pent Continental dealer.

late Lady Rothschild's boudots, & Clarke, ako kebun M Then, the auctioneer asked over which used to hang the apologetically for a bid of £30 for beautiful De Hooch picture which for six entrance-hall chairs. Only had, fetched the stupendous sum £20 was forthcoming. But the of £17,500.

500.

ܬ܂,

No Fire Insurance has been affected

Bill of Lading will be avantarsigned by

All broken, obsted and damaged Goode

No Fieinsurance fire been aflacted. Bill of Lading ill be soditengund

N

W. B. LOXLEY & Co. (CHINA) ImW: R. LOXLEY & CO. (CHINA): Hong Kong, 4th May, 1887, [8245 Hong Kong, 7th May, 1937

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