1937-08-12 — Page 13

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HAMBURG-AMERIKA LINIE

Far Easterr Mall, Passenger & Freight Service

Through bookings to America via Europe and Europe via America. Bookings around the world, Through bookings to Lendon.

OUTWARD SAILINGS

* "SCHEER....for Shanghai, Yokohama, Kobe, Osaka,

Moj Dairen, Taka, Tringtao... 14th Aug. †w.v. "SAUERLAND"...for Shai. Yhama. Kobe, Osaka,

Dairen, Taku...

......16th Aug. my." RHEINLAND"... for Shai., Daireo, Taku. Tsingtao,

Kobe, Osaka, Nagoya, T'hama... 4th Oct.

· ́`HOMEWARD SAILINGS ***. “ KULMERLAND”.....for Genoa, R'dam., H'burg................18th Aug. +m.v. DUISBURG"...... for Genos, K'dam., Hamburg...... nd Sept. +mt. "SAUERLAND "...for Genoa, Rotterdam, H'burg... 17th Sept. + Passenger Vessel. Limited Passenger Accommodation.

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

JEBSEN & CO., AGENTS.'

12, Fedder Street, Tel. 28369,

CANTON AGENIS: CARLOWITZ & CO., Bbakee Road.

CHINA

JAPA

VISIT BALI AND JAVA

Special Bound Trip Fares 1st Class Hong Kong Batavia

HK$350.

Hong Kong

Hong Kong/Ball/Soerabala Batavia Hong Kong.

HK$450.

TRANSPORTATION OFLT

HK$940.

INCLUDING TRANSPORTATION, MAINTENANCE & TOURS ASHORE

Hong Kong -Manila-Rong Kong

HK$135.

NEXT SAILINGS-

TO BATAVIA DIRECT S.S. TJIKARANG' 12th Aug., II a.m.

Tender Blake Pler 10.00 am. Tender Yallon Pier 10,18 km, TC MANILA, CEBU, MAKASSAR. BALI & SOBRABALA

S.S." TJIBADAK 17th Aug., 10 a.m.

ender Blake Fizz 9,00 m. Tender Pelle Pier 9,38 .n

TO AMOY & SHANGHAI S.S.'TJİSAFOEA '16/17th up. 1. For further information apply:

Java China Japan, Line, Canton H. Nolasco da Silva, Esq., Macao JAVA-CHINA-JAPAN LINE York Building

Tel. 28015.

MODERN

LIJN EXPRESS SERVICE

BURNS PHILP

LINE

M.V. NEPTUNA

PASSENGER & FREIGHT SERVICE TO AUSTRALIA

Sailing on or about 30th August for Saigon, Manila, Sandakan, Salamana, Rabaul, Sydney & Melbourne,

First Class Fare to Sydney:

Single: 47.10.0d. Return: £76,+0.0.

Passenger, & Freight Agents --

GIBB, LIVINGSTON & CO., LTD.

Telephone No. 28031.

Joint Passenger Agenta

P.&O. Building.

Nippon Yusen“ Kaisha King's Building.

HONG KONG DAILY PRESS, THURSDAY, AUGUST 12, 1937,

DR. KUNG IN GERMANY

More Trade Talks

Berlin. Aug. 10. Having

completed financial agreements in New York, London and Paris, Dr. H. HL Kung, China's Finance Minister, held long con- versation with Germany's Dr. Hjalmar Schacht Minister of Eco- nomy, to-day. They are reported to have discussed ways and means of increasing the volume of goods "exchanged between China

Germany.

Field Marshal von Blotnberg. German Army chief, was present at a luncheon given by Dr. Schacht for Dr. Kung...

To-morrow Dr. Kung" will have conversations with the German Foreign Office, with State decre- tary Dr. von Machensen.

He will be entertained by Maź- shal von Blomberg Thursday and on Friday again by Dr. Schacht. Thereafter he leaves for Prague, Czecho-Slovakia, home of one of the greatest armaments industries In the world.

Later he will go to Rome, and Jails for China. from Genos, on the steamer Scharnhorst.-. Reuter. 2

CHINESE BUDGET

SURVEYED

Berlin, Aug. 10. The State Budget of the Chinese National Government for the fiscal year June 1936 to July 1937 is ex- haustively reviewed by the Reich's leading inaЯce and economic pa- per, the "Berliner Boersen Zeltung". The paper comes to the following

conclusion:

NEW YORK STOCK EXCHANGE

New York/London Cross ente New York Cotton-Doc, New York Rubber-Sept. Chicago Wheat -Sept. Chicago Corn

-Sept Winnipeg Wheat--Oct. Silver Oficial.

་་་་་

48 38

Amer. Cyanamid Amer. & For, Power 91 Amer. & For. $7 pt, 584 Amer. Locomotive ... Amer. Metals ............... Amer. Radiator Amer, Rolling Mill.. 404 Amer. Smelting Amer. Steel. Warten. Amer. Sugar „minu Amer. Tel & Tel.. 1703 Amer, Tobacco 82 ‡ Amer. Waterworks 201 197 Anaconda Copper ... $21 Atchison, T. & 8. Te 791 Atlantic Refining 287 29 Atlas Corp. *--*»!!...

151 15 Auburn Motors 171 161 Baldwin Locomotive

*1024

37 čumi. pf.. 871* : 871*

Baltimore "& Ohio... 281- Barnsdall on

Benaiz Aviation Bethlehem Steel Boeing "Airplane Borden Co. Briggs

*****

Ang. 10.

North American

401

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings

President Liner frequens oeillage"and their uniqus stoparer privileges slow yon” 16 travel, just, extolly as your choast, And Dollar Bönamahip. Llian and Americas Mált Line worldwide osové and agente, aze: milstained, to move you tahore in whatevse place you shaner to be like your mest trip more enjoyable, travelling “the President Lane way,"

TO BAN FRANCISCO NEW YORK AND BOSTON

Via Shanghai, Kobe, Yokohama,

| Honolulu, “San Francisco, PanamR

Canal and HavRDE. ''

TO SEATILE, VICTORIÄ "THE EXPRESS ROUTE"

Via Shanghai. Kobe and

Yokohama

Pres.Taft

4pm. Aug, 19th Pres. Jafferren M'night Ang, 18th Pres. Booner Noon Aug. 21st Free McKinley M'night Aug. 27th Pres. Lincoln M'night Sept. 7th Pres. Grant M'night Sept, 10th Pres. Coolidge Neon Sept. 18th Prex, Jackson M'night Sept. 24th Free. Wilson 8 am Oct. 6th Pres. Jefferson M'night Oct. 8th Pres. Hoover Noon Oct. 18th Free McKinley M'night Oct. 29nd

EUROPE, NEW YORK

"MANILA

THE MOST FREQUENT SERVICE

8am. Ang 15th

Via Manila, Singapore, Pecing, Colombo, Bombay, Suez Canal,

Next Sailings Napies, Genos and Marseilles. Pres. Folk Aa.m. Aug. 15th Fres. Hoorer pm Aug. 14th Pree. "Pierce 8 a.m. Aug. 19th Pres. Falk Pres. Van Buren 8 a.m. Sept. 12th Pres. McKinley Pres. Garfinkl. 8am. Sept. 16th Prek. Pierc Pres. Baye

8am. Oct. 10th Pres. Licoln Pres. Monroe. 8 a.m. Oct. 24th Pres. Grast

6 pm, Aug. 21st Aam. Aug. 29th M'night Aug. 31st 6 p.m. Bapt. 4th

MOST. FREQUENT SERVICE ON THE PACIFIC

DOLLAR STEAMSHIP. LINES * AMERICAN • MAIL · LINE ·

FIDDEL BUILDING— HONG KONG.

CARTON BRANCH -31, FRENDE CONCESSION, SHAMEEN.

PRO

MAERSK LINE

(Through Router's Service?

QUOTATIONS

New York: August 11.

Last High Low Close Close

408 4.95 10.35 10.26. 10.37 10.31. 18.38 18.41 187eb 18.50

· 1147 1121

Today'

Changt

105 10 103

197

196

1st

ls of .26 off { ap 101111 DĚ 1936

unchanged

1936/7

High Low Dow Jones Averages

Aug. 9.

High Low Close Change

and

194.40 10.61 30 Industrial

180.25

187.87 188.23 188.96

.33.up

84.48 86-17 90 Raile

63.98

37.64 0.40 20 Utilities

29.03

105.89 99.54 40 Bonds

101.16

89.44 55.58 11 Caminodity Index 65.88

.18 of 39.33 99.00 99.13

.10 up 101.24 *0% OF 65.94 (29 up Business Done: -890,000 akares, ha

13.30 · 53,09 53.09

Stocks Adams ExpreES Allis Chalmars Amer. Can. Am. Car & Foundry

"Last Bals Aug. 9 10

181

111

110

Last Bate Blocks

·Aug. 9 10 Great Northern Ely. 201

504 Great Western Sugat 94 341 Holly Sugar Corpn..

Humble Of

83 *

342

341

Int. Nickel

821- 684 654

91 581

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

11#

111

401

Kennecott Copper

Int. Dept Stores... 101

194 691

571

221

Lambert Corpa, .................. Loew's Inc.

·132 134

851

871

391

Lorillard

211

218

972 1971

Meintjie Porczidina "

McKesson & Robbing: 45

Monsanto Chemical 1024*

102

170

Montgomery Ward –

1637

641

Murray Corpo.

111

Nat Cash Registor

352

Nat Dairy Products

201

Nat Distillers

30.

301

Nat Power & Light 101

10%

New York Central

404

Niagara Hudson P.

Corph.

137 14

274 271

271

241

Northern Paciie.... Pacific Gas & Hec. Pacing Lighting

294 294

317 32 45 45+

1011 100

Packard Motors

354

351

Paramount

150 * 152 *

244

241

Pennsylvania R.R.

377

371

.48

Phelps Dodge

Phillips Petroleum

221

Public Service of N.J. :43.

Pullman Inc.

641 183

..651

Pure Oll

207

201

1829.

Radio Corp of Am. Republic Steel

1'1

101

991

Reynolds Tobac, "B" 39

371

381

751

St. Joseph Lead Co. Schenley Schenley 5%. pl. ... 93

524

521

931

701

524"

1141

131

932

Sears Roebuck

*28271 Shell Union' Ou...

221 Socory-Vacuum Southern Cal Edison 24 Southern Pacific.... 48

17th Aug.

Tat-Sept.

241

Southern Rly 5% pt.

454

141

Stand Brands

111

Stand Gas & Elec.

cum. pl.....

554

551

Consolidated Edison 364 - 371 Consolidated On

$7 pl......

494

50.

Standard Oll of N.J.

681

871

157

151

Continental Oll..... 58

573

851

Sterling Products Swift International 30 Technicolor

201

641

Krama

Curtiss Wright (C) 7 Curtiss-Wright "A" 194 197 Delaware & Hudson 154 Del Lackawanna à

Distillers Corpo Bez.

Western

139 138)

Douglas Aircraft ...... 57

237

Da Pont

158

Texas Gulf Sulptur 391 Tidewater Assoc. On 211 Timken-Detroit Axle · 24* Transamerica

40 201 25

CONSIGNEE NOTICES.

181

231 57 160

227

20th Cent. Fox Films 35 20th Cent. For Filma

.44 * pt. Un. Carbide & Car-

bow

བསནསཐཱ པ, པ- Un. Padife ....

CONSIGNEES' NOTICE

BURNS - PHILF LINE.

227 281

Un. Airline "Trans-

641

port

181 151

731

United Corpn.

22+

United Corpm, #3

cum pf.

131

394 40

137

Un. Gas Iprovem't

Un. Light & power

HAN

341

U.S. Industrial Alco-

... hal

331

301 301

351

UN. Rabber US Rubber # pr. 974

60%

50.

37+

UB. Stefl

118

581382

Vanadium

32 -142 143 1554

Taking one thing and another, the new budget, both in the man- ner of its presentation and in its contents, shows a far better picture that its predecessor. When ult!- mately it will prove possible to include in the budget all revenue and expenditure, which has hither- to not been the case, then the confidence of foreign countries in te stability of the financial status of the country yill rise considerably. That will be all the more so if the Central Government in Nan- king B in a position to simultane- ously put the finances of the provinces and large cities on a sound bass and above all to esta- blish a clear relationship between the Central and the Provincial Anancial administrations.--- Tranincean News Service.

JAPAN'S IRON AND STEEL OUTPUT

often

Trans

Brooklyn-Manhattan

M'facturing 451

................ 227 Brooklyn-Manhattan

case. II.

$8 cum, pf...

Canadian Pacific 121 Celanese Corpn. of

America

381 Cerro de Pasco...... 76 Certain-Teed P'ducts Chesapeake

Corpa 711 Chesapeake di Chio :53 - Chrysler Corpn...... 115 Columbia Gsa & EL 13 Commercial Columbla 6% “A” pf. 93 ··

Credit 051 Commercial Solvents 14 Commonwealth & 9. 22 Commonwealth $6

Corn. Products

Political demonstrations have unforeseen economic con- sequences. Thus the tremendous advance in Japan's iron and steel production in recent years received ita impetus from the events of 1932, when, faced with the danger of an economic boycott being de- clared by the League during the Manchurian dispute, the Japanese realized that they could be deprived of essential iron and steel and decided to eliminate the risk re- gardless of cost. Hence Japan is

$5.pt. rapidly approaching self- sufficiency in iron and steel, as

Elec. Bond &“ Share-

$8 pf. regards military and domestic needs, and is even looking forward

NOW

Electric Boat

161

231 Elec. Boud & Share 197 Elec. Bond & Share

644*

Elec Power & Light 217

to the time when her steelworks Elec Power &u” Light

will become active competitors in the world markets. That time" is not likely to come for some years, for Japan's chief advantage as an Industrial competitor Ja cheap labour, and in steel production the ratio of labour cost is relatively small. As showing the great in- crease in Japanese production it may be mentioned that the output of pig iron has risen between 1931 and 1938 from 1,004,000 to 2,129,000 metric tons, that of steel ingots and castings from 1,883,000 to 4,914,000 metric tons, and that of steel mill products from 1,610,000 |to 4,279,000 metric tons.

$7 pf.

Firestone Tire & R Flintkote

Gen Asphalt .......... Gen. Cigar gerin Gen. Electric 361 Gen. Foods ... 37 Gen. Motors

***¶ ̄**5 +8852×¤¤ ÈEX 8*** * *** ** ******* ⠀⠀⠀⠀⠀⠀⠀ ⠀ * † # 2 ⠀ #⠀EF = fåt

424

413

391

Gen. Hallway Signal 434 43 Gulette Safety Razor Glidden Gold Dust- Goodrich (B7) 2.397 Goodrich # Goodfar

424

431

GERMANY WANT RETURN OF COLONIES

Berlin Aug. 10.

United Aircraft

יי

100 101

125 125

971

Warner Bros Plet Westinghotime Elec. 154 Youngstown Shee

& Tube neticesina 93+ 92 Chase National EK. 401* 403* National City Bank 45j* 45]* Call Mobley

1% 1%

.* Bid

invadkerta

MORE HEALTH CENTRES

London, Au 10. Local authorities have been in-

under the National Physical Train. ing and Health Billbo

LARGEST BUYER OF SCRAP Because of her shortage of ore Japán la the world's largest buyer of scrap fron. Large recent' pur- chases from the United States have 'been widely published, but Japan has always been a buyer of scrap. and her imports have shown cóm-. A new propaganda campaign for structed to build health centrea paratively little variation for the the return of the colonies Ger- and holiday camps and to sppoint the past three years In the period many lost in the last, world war ↑ Lustructors for physical training since self-sufficiency began to be has been staged at Hamburg: aimed at, however, the increase - Ina lake in a public garden, is marked namely, from 295,000 which is frequented by the British tons in 1931 to 1,507,000 tons last community, models of German year. In view of recent develop steamers and German torpedo ments it is of interest to note that boats have been placed in the since 1935 China has been the water and miniature palm trees principal & outside supplier of iron and tropfe scenen have been creat ore to Japan. Plans for the next ed along the sides of the lake, in- five years have been revised "dicating German colonfes, upward, and the new plan is és » Loud-speakers announced at in Raider, pected to aim at a total yearly tervals: "We are buliding gigantie | ---- production of 9.600.000 metric tons, of which about 2,200,000 will be drawn from Manchukuo.

Fast regular FREIGHT and PASSENGER SERVICE

Bailings to U.S.A.

27th Aug,

Shanghai, and Japan

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

If sufficient inducement offere also other ports of call. Arrivals from UBA.

M.V. "ANNA MAERSK "

M.V. “TASMANILA" "

M.V." GERTRUDE MAKESK”......

(All daias are subject to alteration without gotice) EXCELLENT ACCOMMODATION FOR PASSENGERS"

AT MODERATE RATES.

For Freight and Passage please apply -

JEBSEN & CO.

Canton, Shameón, H.C.. Agentx.

Tel. 10918.

Hong Kong, Pedder. Bailding

Tel. 28363.

Fack MELBOURNE, SYDNEY, BALAMAUA, BIBAUL AND

MANILA:

Steamship ⠀⠀

NEPTUNA ONSIGNEES & Cargo are hemby Informed, that all Goods are being landed at their risk into the hazardous and/or extra bazardous Godown of the Hong Kook and Kowloon Wharf and Godown Co. Ltd., whence mad/or from the wharves Delivery may be obtained. Ne Clans will be admitted after the Goods have at the Godowns, and all andelivered after the

Goods 1937, will be subject to Best 14th Ama against the STORIET ZURE

اله

be presented to the Undersigned on or before the 28th Aug, 1987, or they will not be recognized.

To comply with the General Bonded Warehouse Regulations, consignees must have a Revenue Oliver in attendance when damaged datable goods are examined are

All broken, chafed and damaged. Geödni, are to be left in the Godown where they will be examined on the 13th Aug, 1937, at 10 AM, by Mour. Goddard and Douglas

No Fire Insurance has been affected... Bills of Lading will be countersigned by

GIBB, LIVINGSTON & C., Urd,'

Agenta Hong Kong, 8th Aug, 1927,

PORT SWETTENHAM PILOTS

26th Sept.

CONSIGNEES NOTICE.

THE BEN LINE STEAMERS, LTD.

FROM LEITH, MIDDLESBRO”, ANTWERP, LONDOS AD STRAITS.

Tax SS. "BENNEVIS

NONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hazardous and/or extra hazardous Godowns of

the Hong Kong and Kowloon Whart And Godown Co., Ltd, whence and/or from the wharves Delivery may be obtained.

de Claims will to admitted after Goods have left the Godowns and all the Goods remaining undelivered after the

lith Aug., 1837, will be subject to

rent.

All Claims against the steamer must before the 36th Aug., or they

epresented to the undersigned on or

recognized.

not

To comply with the General Bonded must have Revenue Officer in atten Waretxure Bégulations consignees dance when damaged dutiable goods

are exasained,

All broken, chafed "and" damaged are to be left in the Godowas 10th Aug 1937, at 0 am. by Mesurs. they will be examined on the

Carmichaël & Clarke

No Fire Insurance has been' effected.' Bill of Lading will be countersigned by Wa W. R. LOILEY & CO. (CHINA), LTD.

Hong Kong, 6th Aug, 1947.

per

posite. There has been no recent reduction of Por Swettenham pilót charges by 24 per cent. the other hand, there has been A Singapore contemporary rean an increase by this amoun Facilities for exercise for young cently made the statement that The position is that a consider- men and women, including swim- the F. M.B. Government had re-able time ago Port Ewettenham ming pools and gymnasiums are duced pilotage dues at Fort pilot charges were cut. recommended in a scheme which Swettenham by 1 per cent. cent. and later another will cost many millions, but to That said ourcontemporary, cent: cut was made. About which the Government will con- "is a move in the right direction, teen months ago the tribute ne half the funds neces- though it certainly does not war- per cent cut was MIYA

rant further uneasiness in Bin- last week I was ann gapore and Peng concerning crafty a further 21 intrigue in Kuala Lumpur to divert restored. trade from, colony. porta,

raten are 21 per Unfortunately, for the argument, Chose prevalling the position is exactly the sp" "Malayi

deets of merchantmen and a back our colonies, for no great na- strong navy to trade with and pro- tion can go for long, without co- tect our colonies. We must have lonies.”- Keuter.

1937-08-12 — Page 13

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Private Research Note