1937-07-28 — Page 13

S.S. "BENMOHR"

ROTTERDAM,

Sailing for LONDON, ANTWERP, HAMBURG, HULL and LEITH

on or about the 9th August.

Cargo will also be accepted on through Bill

of Lading to the usual transhipment ports.'

Next Sailing for 'SHANGHAI & JAPAN

S.S. "BENCLEUCH"

S.S." BENNEVIS”.

Tel 22533

2nd Aug. 5th Aug.

For Freight and Fasange apply to:-

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

York Building. Agente :..

THE BEN LINE STEAMERS, LTD.

URGENT!

SUMMER CLOTHING-ALL SORTS AND SIZES

will be gratefully received by the

HONGKONG BENEVOLENT SOCIETY

11, Ice House Street

on

Mondays & Thursdays

From 10:30 to 12:00 Noon.

50

Cents

LOCAL DIRECTORY

OF

HONG KONG

(Including List of Factories)

MID-SUMMER EDITION

COMPREHENSIVE & UP-TO-DATE

HANDY BOOK INVALUABLE

FOR BUSINESSMEN IN HONG KONG

NOW ON SALE

PRINTED AND PUBLISHED BY

HONG KONG DAILY PRESS, LTD.

Tel. 302513

MARINA HOUSE

3RD. FLOOR

15-18, QUEEN'S ROAD.

HONG KONG DAILY PRESS. WEDNESDAY, JULY 28, 1937.

MALAYA'S

TIMBER

TRADE

Forestry Director's

Favourable Report

World armaments and the con- sequent high of steel are helping the Malayan timber trade. In the FMS. alone the out-turn rose from 6,848.320 to 7,483,048 cuble feet last year-an increase of 23 per cent over 1935,

in

This is shown in the annual re- part of the Director of Forestry, 8.8. and Adviser on Forestry. Malay States, Mr. J. P. Mead,

Exports of Sawn timber and sleepers from the whole of Malaya totalled 18.508 tons (17.984 1935) and imports were 1941 tons (2,820).

There was a rise in the quantity of saw-logs imported, most for coriversion in the Singapore milis, from 129,353 to 132.661. of which £8,891 came adjacent Duter' ter- ritories.

י'

Mr. Mead declares that as far as Singapore mills are concerned Dutch territories are more favour- ably situated than our own forests by reason of continuous water communications between forest and saw-míli,

را

,

NEW YORK STOCK EXCHANGE

New York: July £7, -

(Through Renter'à Servies?,

QUOTATIONS

New York/London Cross-rate New York Cotton—Dec. New York Rubber-Sept. Chicago Wheat --Sept. Chicago Corn

-Sept. Silver--Official

1038/T

Last Today's High Low Clom Clow

-

Change"

4.97 487-19/18 13/16 up 11.07 10.19 11,13 10.00- 18.40.18.101648 1838) .10 off

117 114 118 991 98 101

High Low Dow Jones Averages 194.40 186.51 30 Industrials

* 84.48 50.17, 10 Baile

St off

D7

3 or

unchanged

July 24,

July 23,

184.85

185.15 183,79 184.45

30.05

30.65 101.77

65.95 04.71. 64.83 20.98 30.41 30.60

101.79 67.37

High Low Close Change .43 of *2% of unch

0% up

37,54 28.45 20 Utilities 105 89 99.54 40 Bonds

82.44 68.58 11 Commodity Index unquoted

Last Bals

Stocki Adama Express

Allis Chalmers Amer. Can âm on 2 Foundry Amer. Cyanamid

Amer. & For. Power Amer. & For. #7 pr. Amer. Locomotive

Amer. Metals. Amer. Radiator..... Amer, Rolling Mill.. Amer. Smelting

Amer. Steel Pdries.. Amer. Sugar

July 24 25

101

897.

107

33 10

561 475

52

221 37

941

薙茄子

211

573

303 15

261

954

33

25

Amer. Tel. & Tel... 172 Amer. Tobacco "B" 82 Amer. Waterworks But this adverse balance will "Anaconda Copper.... be gradually, reduced with

the

Atchison, T. &. Fe. 84 development of up-country saw- Atlantic Refining milling.

Atlas Corpn....... The Director complains of a Anburn Motors 19 10 per cent. increase imposed Baldwin Locomotive early in the year in ocean freight $7 cum pf....... 84" rates on timber from Malaya while

Baltimore & Ohio... 28% the rates from Borneo and the

"Barnsdall O Philippines remained unchanged Bendix Aviation until July, when the Philippines' Bethlehem Steel rate was actually reduced by Boeing Airplane about 6 per cent. The effect was Borden Co. shown in the trade with the Briggs United Kingdom, which showed a Brooklyn-Manhattan progressive increase in the first Trans six months of the year (when exports were more than double those for the corresponding period in 1935), but during the second half-year there was a sharp decline, amounting during“ the last quarter to no less than 55 per cent-entirely due to the freight anomalies;

|

Mfacturing *131*

107

1721

821

Business Done?-900,000 shares.

Stocks

Last Sale July 24 25

Great Northern Rly, 517 Great Western Bugat 358. 35 Holly Sugar" Compa

Humble O

Int. Nickel

81

642

Int. Tel. & Tel..... 124 12 Int. Dept Stores 101 197 Kennecott Copper 674 Lambert Corpn. -12 13 'Loew's Inc.

82# 82)

Lorillard

**

22

22

"

442

101

34

21

Mcintyre Porcupine McKesson & Robbins, 443* Monsanto Chemical 1024 Montgomery Ward €44 631 Murray Corpn. ................ · 104* 10 Nàt Cash Registor 347 Nat Dairy Products 21 Nat Distillers 193 30 Nat Power & Light · 11j 114 New York Central... 424 Niagara Hudson P.

Corpn..... North American. Northern Paciic. Pacific Gas & Fac. 33 . Pacific Lighting

Packard Motors ......

Paramount.... Pennsylvania R.R. Phelps Dodge

Phillips Petroleum

Public Service of N.J. 445 Pullman Inc.

411

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings

Priedení. Lived frequens millega und: thehr Wulon' staparse pelvikens allow you SERVES JUNG BRAqtly as you choom, And Dollar Stomanip Lines and American Mis Line worktrida odiori tot særste sze, mantined to sETTE YOU Labors in whatever pisos you chance to beur. Make your next trip more enjoyable, travelling **The Prickimi Ling way?

Jaa

TO BAN FRANCISCO NEW YORK AND BOSTON.

Via Shanghai, Kobe, Yokohama, Honolulu. San Francisco, Panama Canal and BavaNS. „Fres, Taft Müight Adg. 10th Fr. Hoover Noch Aug. 21st Pres. Lincoln Maight Sept 7th Pres. Coolidge, Noon Sept. 18th Fres, Wilson 6 am. Oct. 8 Pres. Hoover Noon Oct. 16th

EUROPE, NEW YORK

了

TO SEATTLE, VECTORIA "THE EXPRESS ROUTI”.

Via Shanghai, Kobe and

Yokohama

Fres Tackron M'aight July 30th Pres. Jafferson M'high5 Ang. 13th Pres, McKinlay M'night Ang. 17th Fros. Grant M'night Sept. 10th Pres. Jackson Might Sept. 24th Pres. Jefferson M'aight Oct. 8th

MANILA

... THE MOST FREQUENT.

SERVICE

Via Manila, Singapore, Penang, Colembo, Bombay, Suez Cana,

Next Sailings Naples, Genes and Marseilles, Pres Harrison 8am. Aug. 1at Pres. Harrison 8.m: Aug, 1st, Pres. Polk

M'night Aug. 3rd 8am. Aug. 15th Free. Taft Free, Fierce 8am. Aug. 29th Pres. Jefferson 6 p.m. Aug. 7th Prea. Van Buren 8 am, Sept. 12th Pres. Hoover

Aug 13th Pres. Garfield B.m. Rept. 26th Pres. Polk

8am. Ang. 15th Pres. Bayes Ram. Oct 10th Prex. McKinley 6 p.m. Aug. 21st

MOST FREQUENT BERTICE ON THE PACIFICĂ.

·

DOLLAR STEAMSHIP. LINES AMERICAN • MAIL • LINE *

EDDEN HULELE BÓNG LOSE,

DANTON BRANCH -2), FAINOK CONTISSION, ANLASEERN.

BURNS PHILPLINE "NEPTUNA" Due 4th Ang

14

297 29

304

334

T

451*

451

91

180

155

194

M.V.

831

631

44

Pare 011

211

20+

Radio Corph of Am.

时

111

Republic Steel........ 39#

301 .

Reynolds Tobac. "B" 37 37

3T.

751

St. Joseph Lead Co. Schenley Schenley 1% pl... 04 Sears Roebuck

514 521

...94

947

29.

273

217 214

25

60

Brooklyn-Manhattan s6 cum, pf........... Case. JI... 181 Canadian Pacific".... 111 Celanese Corpn. of

America Cerro de Pasco CertainTeed Pducts Chesapeake Corpn. 754 Chesapeake & Ohio 521 Chrysler Corpn....... 1131 115 Columbia Gïs” di M. 13j Columbia 6% "A" D. 90 Commercial Credit Bit Commercial Solventa 144 Commonwealth & B

31 Commonwealth $6

487

.

**** 5 * * * * *7 ± ¶E¤ã¤ ̃...¶6 *** **** • 187 €* @79788** 17:25*In a od817 0 1ð • - *¤×17 * TES

cum. pla 59 Consolidated Edison 41. Consolidated Onl *16 Continental Ou Com. Products ... 62 Curtiss Wright" (0.) T Curtiss Weight: "A" 201 Delaware & Hudson 167. Del. Lackawanna &

Western

1412 141 Distillers Corpn. Bea."

grams

"In view of the fact that the rates in force for these three countries prior to the readjust- ments were regarded by the re cent Trade Commission as con- forming with the accepted prin- ciple of parity," Mr. Mead pro- tests, it is difficult to understand the new discriminatory rates, | which put Malaya at a great dis- advantage with her more favour ably situated competitors."

He states, that local mills have vastly improved their efficiency and output by the care given to them by the Forest Engineer and Forest Officer in Singapore The millers are now beginning" to realise the value of seasoning and grading, with the result that they are able to satisfy the require- Douglas Aircraft ments of more exacting local Du Pont purchasers, to whom Malayan Electric Boat timbers were formerly rightly Flee: Band & Share 211 suspect.

Elec. Bond & Bháre

35 pf. Elec. Bond & Share

36 pf.............

A warning against ambitious and expensive saw-mill ventures (miscalled "permanent" mills) goes with this statement.

GERMAN COLONISTS

IN PALESTINE

Jerusalem, July 27. Arab papers here report that German colonists in that part of Palestine, which, according to the Peel Plan would form the Jewish State, have bought land in Lebanon, and will change their residences to there, in the event of the Palestine Partitioning Plan becoming a reality,

In contradiction to this, the Ger- mari Colonists have authorised the statement that they have no intention of leaving their present. homes, even in the event of their country becoming dominated by Jews. The place where they now live is

a heritage of three Gepers tions of German blood. Erungberan "Remi Service.

PALESTINE ORDER

London, July 28. In a Commons reply the Co. lonial Secretary, Mr. Ormsby Gore) said the Government of Palestine with the assistance of the military authorities was ing close watch on the and he was confident tha cessary measures

to check any agitation

government 01

223

53+

164 183

101

651* 681

75

Shell Union On Socony-Vacuum Southern Cal Edison 26.

ཧཱུྃ༞ཨཽ,ཚོཚོཨྰཿཀྰཚོnd, ཙོཎྜཏྤཀྐནཐབྷིཀྑཙ, aབྷིནྡཨཱཝནྟུབྷུ བྷོ ནཱམབྷ, བྷོདྷནིཊྛཔྤབྷཱབྷཏྟམྦན ཙཊོཊཚོཝོསཤོད ཙ ནེེཊྛཱདྷ ཚར བྷར ༤ བྷནིཊྛརོགྷོའོ

Southern Pacific... 504491

Southern Hy 5% pf. 164", 471

Stand Brande ... 127. 124

Stand Gas & Elec. 睡 92 Stand Gas & Elec.

International 28

United Aircraft... Un.. Airline....... Trans-

port

United Corpn.

Un. Gas Tprovem't 14-

401

Sailing Monday, 9th Ang.

for Saigon, Manila, Sandakan, Salamana, Rabaul, Sydney & Melbourne.

First Class Fare io Sydneys'

Single: £47.10.0d, Return: £76,-0-0,

Passenger & Freight Agents

GIBB, LIVINGSTON & CO., LTD.

hone No: 28031.

F.&O. Building.

Nippon Yusen Kaisha

King's Building.

50%.

$7 pf.MENELADAT

$4.54

Standard Ol of N.J. 72 714 Sterling, Products 63 * 631

*Swift

28

Technicolor 648

Texas Gulf Sulphur 394

40

T

Tidewater Assoc. 011 - 201

201

Timken-Detroit Axle 241

24

PASSENGER & FREIGHT SERVICE TO AUSTRALIA

Transamerica" Denis 134

131

20th Cent. Fox Flims: 37 * 374

'20th Cent Fox Films

pt.

454* - 463

Un. Carbide & Car-

bon ............... 102

1011

Un. Paciáci. 1313

1311

291

201

17

171

United Corpn.". $3

401

Un. Light -& power

Joint Pa

71

30 31

U.S. Industrial Alco-

814 33%

35. 36.*

U.8. Rubber

801 601

50

US Rubber $8 p. 93

381

117

30

291

141

146

Westinghopie Fec. 156

155

NAVAL AGREEMENT PASSES LORDS

& Tube

கும். 1834-914

Chase National EL. 525°

52

National City Bank 473* -4771*

Call Money

1%

1%

Bid

FAVOURABLE TRADE REPORT FROM CANADA

Elec Power & Light -231 Mec Power & Light

t7 pf.

Firestone Tire & R.

intköte

Gen Asphalt

Gen. Olgar Gen. Electric Gen. Foods.... Gen. Motors Gen. Railway Bigna! 44!* Gillette Safety, Hazor Glidden Gold Dust............

381 Goodrich (BF) .. Goodrich 85 på 701 Goodrear

44+

42

bol

UA, Steel'

Vanadium

Warner Beden Plet

Youngstown Sheet

Agents

London, July 27..

The Naval agreement was DRM”. ed in the House of Lords in the second reading on Monday. The Government representative in the House of Lords, "Lord Stanhope ex- plained the principles of the new agreement regarding the relative strengths of the British and Ger- man fleets and stated that the Co- vernment attached utmost impor- cance to this supplementary agree-

The Canadian News Letter, com- where Canadian honey la much piled by the Trade Dept. of Ottawa appreciated on account of it'a give a most favourable account of delicious dayout and haga quality. ment. Canadian Trade prospects.VA Canada" also exports a good deal Exports of leather goods, such as in the way of pickles and special footwear, are trebled and imports

The agreed division into obsolete sauces such as catsup. All this and modern ships on the English of footwear of, a different type have benefits the farmers, principle was a valuable conces

conciliators birit shown by

CONSIGNEE" NOTICES.

SERVICES CONTRACTUELS DES MESSAGERIES MARÍTIMES

CONSIGNEE NOTICE,

23. " JEAN LABORDE”

BRINGING CARGO To MARSEILLES, via port etc..

ARRIVED HONG KONG * TEL

"DAY, THE 33RD JULY, 1987)

NONEIGNTES 300 hereby informed Warts their food with the erreption of Opium, Treasure And Valuables aig being landed and stored into the Gos downs of Hong Kong Kowloon Wharf. & Golawn Co., Ltd, Kowloon, whence

after landing

also greatly increased with benent To Judge by the latest Ottawason, and proof of the friendly and delivery may be obtained immediately to trade generally. The beekeep-reports it can be seen that farmers ing Industry is in a most saisisc. have had a good season and that tory condition as the demand for trade is on the ? Prairie honey is on the increase

Last year the beekeeping season was the best ever recorded. This Industry ő is fa- sidelina of most- Canadian farm and from reports sentin

£1,000,000LOAN

Kaly 28

Bir

cellor

Gore

ounds

London

of the Com-

many Lord Stanhope said that he all Elias must be vent in to me th attached importance to stating or before the 3rd Aug, 1987, or they Mir publicly 45 de

will not be rocksized Damaged Packages Answering questions as to the by the Company - Japaness plans, Lord Stanhope ad- Goddard & Douglas mitted that the communication of the Consignor Tupent her intention to tulis day, be sur

:40 cm guns had compelled the Bri-

that the loan tish Government to contemplats artly to be taking the same course of actio arket by but it was still hoped matat has the eleventh hour the

aty's ernment would char

tuh Warelem,

Transocean Nowi