1937-05-27 — Page 13

HAMBURG-AMERIKA LINIE

Far Eastern Mail, Passenger & Freight Service

Through bookings to America via Europe and Europe vis America. Booking around the world. Through bookings to London

..

OUTWARD SAILINGS 9.4. "PREUSSEN".for Shai, l'airen, Taku, Kobe,

Osaka, 'hama, Moji

31st May. † m.v." BURGENLAND".. for Shanghai, Dairen, Taku, Kobe,

Oanka, Yokohama, Nagoya 6th June "MUENSTERLAND"...for Shanghai, Dairen, Taku,

8th Jane Tsingtao, Hankow....... HOMEWARD SAILINGS +m.v. "LEVERKUSEN"...for Geton, R'dam., Hamburg... 23rd May. * m.v. "BURGENLAND", for Genoa, Rotterdam, 'hurg... 5th July tm.v.KULMERLAND"...for Genoa, R'dam, H'burg......10th Aug. +Passenger Vensel Limited Passenger Accommodation.

For further particulam and passage fares, etc. apply to:-- HAMBURG-AMERIKA LINIE

JEBSEN & 00. ANTS. 12, Pedder Street, Tel. 28363, CANTON AGENTS: CARLOWITZ & CO., Sbakes Road,

JAVA

CHINA

JAPA

VISIT BALI AND JAVA"

Special Round Trip Fares 1st Class Hong Kong Batavia Hong Kong

H$350.

Hong Kong-Bali-Java-Hong Kong

H$450.

TRANSPORTATION ONLY

H$915.

INCLUDING TRANSPORTATION, "MAINTENANCE & TOURS ARHORI

Hong Kong.

Manila H$135.

NEXT SAILINGS-

Hong Kong

TO BATAVIA DİRECT S.S. TJISONDAR!" 1st June, 11 am.

Tonder Quest'a Pier 30.00 am. Tender l'allos Pier 10,14 TO MANILA: CEBU, MAKASSAR. HALI & SOERABAIA

m.s. "TJISADANE" 8th June. 10 LM.

HONG KONG DAILY PRESS. THURSDAY, MAY 27, 1937.

TRADE POLICY

DISCUSSED

Mr. Runciman On Preference System

London, May 25. Trade policy was discussed by of the President of the Board Trade. Mr. Walter Runciman in the House of Commons in a speech to-night in which he made re ference to the negotiations for an Anglo-American trade agree- ment.

NEW YORK STOCK EXCHANGE

Now York: May 18.

(Through Reuter's Service!

QUOTATIONS

New York/London Cross-rate New York Cotton-July Doc. New York Rubber-July Chicago Wheat July Chicago Corn, -July Silver-Official

Last Today' High Low Closs Close, Change 49%) 4.94-6/31 7/38 OE 19.78 18,03 19.80 12.60 .14 off .17 off 12.68 12.62 1270 12.03 10.82 2083 21.06 0.85 120 1162 1101 117 123 120

38 off

2 08

193 190)

off

447

up

May 25,

May 24.

High Low Close

Change

175.57

17611 173.30 173.79 1.78 off

$8.75

38.95 67.10 67.21

1.54 off

TH.50 28.06 28.13 +101,68

70.63

.35 off unch. .Ob off

1836/7 High Low Dow Jones Averages 19449 14312 30 Industriais

Halle 64.46 40 56 20 87.54 27.03 20 Utilition

28.45 106.01 98.92 40 Bonds

101.58 8244 06.08 11 Commodity ludes 71.68

Stocki

Adams Express... Allis Chalmera Amer, Cas.... Am. Car & Foundry

Defending the tariff system in- troduced in 1931 and 1932 the Pre- aldent of the Board of Trade sald he would like to emphasise his view, firstly, that if you carry tariffs too far they become mad- ness; secondly, that if you attempt to dispense with them in a world which has adopted them as a fixed policy you reduce your bargaining facilities "and you are bound to suffer and the United Kingdom in this respect would suffer more perhaps than any country in the world. He was prepared to agree that any form of preference Amer. Radiator adopted might be subject, if neces-Amer. Rolling Mill.

to alteration to suit the Amer. Smelting sary. changed conditions.

"In making a new survey of the world as we are doing we will not overlook the fact that there 15 more than one way in which pre- ference can be applied but we must not be asked to abandon the preference system which is now an essential part of our Imperial po Hcy. We cannot abandon it and do not seek to abandon it” he said. AMERICAN VISIT Speaking of his American visit, Mr. Runciman described the frank exchange of views he had had with President Roosevelt whom he called one of the most remarkable men of the age and Mr. Cordell Hull. Since then, he sald. ther had been trying to find founda- tions on which, a trade agreement with the United States could be built. It was a laborious process examining the whole ground bit by bit, reviewing each of hundreds H. Nolasco da Silva, Esq., Macao of items appearing in schedules. JAVA-ORINA-JAPAN LINE he could not make any statement

York Building

Tel. 28015.

al present beyond repeating so far as the. British Government were concerned they wished to reach an agreement than by which consistently they sincerely and felt no greater contribution could be made by Governmental action

Tender Queen's Pier 1,00 20, Tasdar Police Pier §.15 am,

TO AMOỶ & SHANGHAI m.s."TJINECARA " 9th June

For further information apply: "

Holland-Cbfną Trading Co.,

MODERN

Canton

LIJN EXPRESS SERVICE

LINE

SERVICE

MAERSK LINE

Fast regular FREIGHT and

PASSENGER SERVICE

"

}

via

Shanghai, and Japan

to

LOS ANGELES, PANAMA, NEW YORK, BOSTON,

PHILADELPHIA & BALTIMORE.

If sufficient inducement offers also other ports of call.

Arrivals from USA.

M.V. PETER MAERSK'

29th May

M.V. "GRETE MAERSK"

1st Jane

M.V. "FERNHILL"

Sailings to 0.8.A. 27th May

10th June

All dates are abject to alteration without notice.)

EXCELLENT ACCOMMODATION FOR PASSENGERS

41

AT MODERATE RATES.

For Freight and Passage plaaso-apply —

JEBSEN & CO.

Canton, Shameen, B.C.

Tel. 10918.

Agents Hong Kong, Pedder Building.

Tel. 28363.

11

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 Bailing for SHANGHAI & JAPAN S.S. 'BENLAWERS” S.S. “BENMACDHUI”

For Freight and Passage apply to :-

Tel. 22523

30th May. Ist June.

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

York Building. Agente:

THE BEN LINE STEAMERS, LTD.

to the extension of world trade.

an

Mr. Runciman added the discus- sions this week within the Im- perial Conference would turn on some economic questions with a direct bearing on the negotiations for

Anglo-American trade agreement and on British relations with the United States. The Minis- ter concluded his speech with an optimistic review of the condition of leading industries:- British Wireless.

Amer. Cyanainid \... 317 Amer, & For. Power Amer. & For. $7 pf. Amer. Locomotive Amer. Metals

Business Done:-840,000 shares,

Last Bois May 24 25

532

341

78

614 801, 113 111

20

Lust Bale

May 24 25

Stocks

17) 172 31 591 100

991

Đ

Humble Of

Great Northern Rly. 552 Great Western Bugat 35 Holly Sugar Corpn.

79Z

314

Int. Nickel

81

73

Int. Tel. & Tel......

48

48

45

45

11-

514 514

21

217

Int. Dept Stores Kennecott Copper Lambert Corpn....... Loew's Inc.

351

341

Lorillard

124 12 80 794 22

22

881

881

Mcintyre Porcupine

547

McKesson & Robbins 443

453

Monsanto Chemical, 90

Montgomery Ward 51

47

481" - 1881

781

Amer. Steel Fdxtes. 56 Amer. Sugar Amer. Tel, & Tel... 168 Amer, Tobacco "B" 80

181 Amer. Waterworks... 187 Anaconda Copper... 541 541 Atchison. T. & S. Fe. 871831 Atlantic Refining 29 291 Atlas Corpn. .... 151 15

25 Auburn Mators Baldwin Locomotive

$7. cum. pf........ 961 Baltimore & Ohio... 331 Barnsdall On

Bendix Aviation ...... Bethlehem Steel Boeing Airplane Borden Ca..................... Briggs Mfacturing 441 Brooklyn-Manhattan

Trans

Brooklyn-Mannattan

$8 cum, pf. Case, J.I. Canadian Pacific Celanese Corpp." of

America Cerro de Pasco Certain-Teed P'ducts Chesapeake Corpn. Chesapeake & Ohio 58 114 Chrysler Corpn. Columbia Gas & El 12.. Columbia 6% "A" pt. 871 Commercial Credit 63 Commercial Solvents 14 Commonwealth & S 23 Commonwealth $8

201 67

904*

51

Murray Corpn. ................. 123 124 Nat Cash Registor 344 Nat Dairy Products 231 223 Nat Distillers

31

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

Reynolds Tobac, "B" 501

**õï e ¤ ¤ as¤ ¤ ¤ 38:380*** ******* ** **** ********** (8*8*££*£¤ • 18 •* ⠀⠀ -

13

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

FASTEST TIME

ACROSS THE PACIFIO

HONG KONG

ΤΟ

SAN FRANCISCO 15 DAYS

S.S. PRESIDENT COOLIDGE

Sailing MIDNIGHT, JUNE 3rd

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE ✰

12, Fedder Building, Hong Kong, CANTON BRANCH-21, French Concession, Shameen

BURNS PHILP LINE M.V. “NEPTUNA”

Due 27th May.

241

Nat Power & Light 08 New York Central Niagara Hudson P.

461

451

Corpo

941

North American

13 123 25

25

317

26

27

Northern Pacific ... Pacific Gas & Elec. 297 Pacific Lighting

341

331

291

45

441

87

861

38

35

Packard Motors ...... .91 91 Paramount

197 193

241

242

Pennsylvania R.R..

44

43

43

Phelps Dodge

Philips Petroleum

501..

561

28+ .274

Public Service of N.J.

41

41

Pullman Inc.

TA

77.

Ar

Pure Ol

181 19

165 13

159 *

Radio Corpn. of Am.

120

371

351

50

397

384

687 65

164

161

St. Joseph Lead Co. „Schenley

42

417

Schenley 54% pf. ...

942

94 *

8)

78+

Sears Roebuck

871 - 86

50

Shell Union Oil

291

291

111+ 12

Socony-Vacuum

191

187

87 62 14

21

Southern Cal Edison Southern Pacific

251

247

391

381

53

cum. pf........ Consolidated Edison 37 Consolidated "Oll Continental Oll

....514 1 36

Southern Rly 5% pf. 501 Stand Brands ..........

123 Stand Gas & Elec. 74 Stand Gas & Elec:

481

123

24

40

463

152

157

Standard Oil of N.J. 673

661

432

431

Sterling Producta ... 65+

65

Corn. Products ................ Curtiss Wright (0.),

61

621

Swift International 311

303

54

51

Technicolor

291

29+

Curtiss Weight = "A"

181

187

Texas Gulf Bulphur 38

377

Delaware & Hudson

191

184

Tidewater Assoc. Oil 171

17

Del. Lackawanna &

133

131

Timken Detroit Axle 231 222 Transamerica

***

131 13

Western

Distillers Corpn Sea.

22

21

20th Cent. For Filma 374 -- 371 20th Cent. Fox Films

grams

551

537

pf:

471 482

Douglas Aircraft

161

150

Un. Carbide & Car-

Du Pont

101

102

bon

100% 1001

Electric Boat

171

161

Un. Pacific

142 ....... 1433

Elec. Bond & Share

United Aircraft

254 254

-First Class Fare to Sydney:

Single: £47.10.01,

Passenger & Freight Agents:—

Return: £76.-0-0.

Elec. Bord & Share 61

601

Un, Airline Trans-

$5 pf.......

Dort ......evante 101

16*

71

United Corp. ****

41

42

17

16

67

347

347

United Corpn. 33

cum pi..... Un. Gas Iprovem't 13 Un. Light & "power

381

381

127

Nippon Yusen Kaisha

King's Building.

were

Firestone Tire & R pilatote (en, Asphalt ....... Gen. Cigar .... Gen. Mectric Gen. Foods Gen. Motors

6

32

31

US, Industrial Alco-

(!

CONSIGNEE NOTICES.

401*

401

bol

54 532

U8. Rubber

342

591 58

34

NOTICE TO CONSIGNEES

573 50+

45

441

US Rubber #3 pf. 85j UB, Steel ...erintem. 101] Vanadium

851

971

287

28

Gen. Railway Signa! Gillette Safety Razor 22 Glidden -Gold Dust

221

Warner Bros Pict 131 Westinghouse - Dec. 2401

F

Youngstown Sheet

4:0

Goodrich (BF.).

441

434

Goodrich-35 pt. Good rear

20.

81

301

38

& Tube ..********* 861 Chase National Ek 591 National Oity Bank 471 47%* Call Money

134 1371 ·

85 531*

i ez. div.

1% 1% Bid

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Hong Kong, May 26. Silver prices rose 1/8 yesterday for both deliveries, the quotations Fbeing 20 3/8 for Ready and 20 7/16 for Forward. Silver advices rc- ported India and speculators as

Offerings having bought. rather small The market closed steady. After the official Axing the market reacted and business was done at 1/16 lower than the quoted rates owing to Indian re- sales. Buyers were reserved. Ame rican Bliver was quoted at 45 for Spot.

crois,

The London-New York rate was quoted at 494.27. New York-London was lower at 494 5/32

11

MARKET Quiet, the undertone appeared steadier.

STERLING Business was done at 1/2 27/32

Elec. Bond & Share 692

$6 pf....... Elec Power & Light Elec Power & Light 671

$7 pt.

FORD AND

for December, November and oc- EXPORT TRADE

40 *

PASSENGER & FREIGHT SERVICE TO AUSTRALIA

Sailing Monday, 31st May

for Saigon, Manila, Sandakan, Salamaną, Rabau), Sydney & Melbourne.

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

P.&O. Building. Joint Passenger. Agents :—

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO, LTD.

AND

CHINA MUTUAL STEAMTM NAVIGATION CO., LTD.

YONSIGNEES per Co.'s Venusi

** AENEAS**

FROM UNITED KINGDOM:

VIA SINGAPORE

OCEAN STEAM SHIP ̈ CO, LTD. ATD OBINA MUTUAL" STEAM NAVIGATION CO., LTD.

MONSIGNEES per Co's Vessel

"ANTILOCHUR"

FROM UNITED KINGDOM AD CONTINENTAL PORTS VIA

SINGAPORE.

24th

are bereby notified thay thếly Cargo Will .be discharged into Holt' are hereby notified that their Cargo Wharf, Kowloon, where it will be at Dagenham might be classified as ill be discharged into Holt's Consigne' risk and avbject Terms a "port" of real commercial im- Wharf, Kowloon, where it will lie and Conditions of Storage as How's portance, as, from it, Ford Cars Terms and Conditions of Storage at Delivery from Godown on and after

at Consigneen' risk and subject to Wharf. The Cargo will be

ready for and Fordson Tricks and Tractors Holt's Wharf. The Cargo will be 'tober. The market closed with

May Options Cargo will not be landed here and their parts are shipped to ready for Delivery from Godown o sellers at 1/2 13/18 May-October and probably 1/2 27/32 November-

unless Felice so bein given phor to Degenham, on the Thames in practically every corner of the and after and May.

Optional ion has been given prior

will not be landed Steamer's rival, but carried on from December, buyers at 1/2 27/32 Essex, is one of the busiest sections world. Despite the fact that many heres unles May-August and 1/2 7/8 for de hundreds of thousands of tons of is on their own wheels, the tim-port to port to the fins port of call

of this world-famous river. Here, vebicies are exported boxed, that to Verd's arrival, but carried on From Part to port to the final port of call to

which the option

artezda All broken, shafed and damaged floods 11veries further forward.

Imports and exporte are handled her, nalls etc. purchased by the to which the option extends.

are to be left in the Godowns, where U.S. DOLLARS

with an ease and dispatch which company for packing vehicles rubare to be left in the Godowns, where they and Fridays betwem the hours of All broken, ohaled sad damaged Goods they will be examined on any Tuesdays Business was done at 30.1/2 for

into enormous figures. July delivery. The market closed amazes the onlooker.

10,45 will be examined on any Tuesdays and

od Now within the Fres At the 1800-foot long jetty. Inside the Works in the Export Fridays between the hours of 10.45 DAJE with sellers at 30 1/2 May-July which, Ford Motor Company Ltd. section can be found miles of con- and Noor within the Fres Storage period. Inge period,

Bio Calm, will be admitted aliqr, the and 30 7/16 August-October, buyers has built at Dagenham, accom-veyors to eliminate lifting and

No Claims will be admitted after the goods are left the Steamer Godawa, at 30 9/10 Cash-August and 30-1/2.

modation can be found for 12,000 handling. Becauses of the simpli-

Goods have left the essel's Godown and all: Goods remaining undelivered September-October.

tonecran going vessels. Hera SHANGHAI DOLLARS

Rent

the 29th May, will be subject to to Reak

All Olaizin against the Bloomer, i All Claims against the Vessel mut be proved to the Undersigned an or be presented to the Undersigned on or before the 14th June, or they will before the 13th June or they will not set be neognised. be recognised.

No Fire Insurance will be wffected.

BUTTERFJELD & SWIRK

Agusta

A small business was reported also, are two electrical unloadened system used a "car can be / and all Goods remaining... undelivered | after the "Best May wii kasumbject boxed in 20 minutes and a tractor at 102-3/16 for cash. There were unique in Europe, which are cap crated in 15 minutes. Overhead small sellers at 102 3/16, buyers at able of handling coal, iron, and cranes carry the boxes and crates or umestone at the rate of 600 tons to railway trucks on which they are shunted to the Jetty for load- ing direct into steamers or on to of Sterling at 1/2 1/2 buyers at sellers at 20 7/8, buyers at 29 29/32 barges for the various London

Docks. 1/2 35/64 for casti. 1.8. Dollars, for Epok

102 1/4 for cash.

... SHANGHAI MARKET Unchanged. There were sellers

per hour.

22nd May, 1937.-

No Fre Lupuranew" will be oftested

BUTTERFIELD & SFIRE...

14th May, 1937;-

16809