1937-09-22 — Page 13

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Cents

LOCAL DIRECTORY

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. 30251.

MARINA HOUSE

3RD. FLOOR,

15-19, QUEEN'S ROAD,

PROGRESS

Better Times

are Ahead

Are you ready to reap

報

the benefit ?

Unly by consistently advertising your goods can you hope to reap the benefit that better business conditions will certainly bring you. And what better medium than the

SOUTH CHINA DAILY NEWS

(NAM WAH YAT FO)

Whose daily circulation of 18,000. reaches modern and progressive

Chinese in hoth Hang Kong And South China.

A great favourite with young and modern China on account of the excellence of its sporting news and authoritative political articles, the South China Daily News is too valuable a medium to be left out of you appropriation.

For Rates Apply To The Advg. Manager South China Daily News (Nam Wah Yat Po)

49-51, HOLLYWOOD ROAD, HONG KONG.

Tel. 25412 & 28281.

£1.374,853 Increase Last Year

The National Debt. totalling £7,797,220,544 at March 31 last, had increased by £1,374.853 over the preceding year.

CABLES SWENONIE "

HONG KONG DAILY PRESS, WEDNESDAY, SEPTEMBER 22, 1937.

WAR RISK

Revision Of Rates

A number of changes were made recently by the point rating com- mittee of marine, underwriters in the schedule of minimum rates to cover war risks on merchandise, says the" "Manchester Guardian." In the scale of "additional' pre- mium rates" for cargo intended for Dairen and Manchukuo £1 per cent had been quoted," and the rate is now reduced to 65 per £100.

ཀཿ་

по

In the case of commerce with Japan, including Korea and For- mosa, 2s. 6d. per cent. had been, and Is, quoted when

risk attaches before shipment on after discharge from the ocean vessel, and 5s. per cent, Was quoted when the goods were covered in accordance with "warehouse to warehouse clause," or for 15 days after discharge from the ocean vessel, the lability ceasing on delivery at warehouse or on the expiration of the period, whichever first occurred. The rate for this extended cover now also becomes 2s. 6d. per £100.

the

NEW YORK STOCK EXCHANGE

(Through Reuter's Service,

QUOTATIONS

Now York: September 21.

New York/London Cross-rate New York Cotton-Dec. New York Rubber-Sept. Chicago Wheat. --Sept. Chicago Corn -Sopt. Winnipeg Wheat-Oct. Silver Oficin

1936/7

Last Today's High Low Close Close

Chang

4.98 4.08-11/16 5/18 off 8.71 8.63 8.74 9.63 .11 off 18.40 18,38 18,61 18.44

108 109 103

105. 84 8: 897 531 123 123 1212 1997 "

High Low. Dow Jones Averages, 184.40 165.51 30 Industrial

Stocka Adama Express ....... Allis Chalmers Amer. Can

Am. Car & Foundry. Amer. Cyanamid .... Amer. & For. Power Amer. & For. $7 p.

Amer. Locomotive

Amer. Metals Amer. Radiator

A note had been attached the schedule to the effect that the further additional rates of pre- mlum to be charged for vessels Aying the Chinese 'or Japanese flags were left to the, discretion of underwriters. Shipments 01 arms and munitions are now men- tioned likewise as subjects for special treatment. It is stated that goods by Japanese vessels may now be accepted at not less than the schedule rates.

Amer, Rolling Mil Amer. Smelting Amer. Steel Fdries.. Amer. Sugar Amer. Tel. & Tel... 1591 Amer. Tobacco " 77 Amer. Waterworks... Anaconda Copper ... 43 Atchison, T. & 8. Fe.,60 Atlantic Redning Atlas Corpn....... Auburn Motors Baldwin" Locomotive

MEDITERRANEAN VOYAGES Small changes have also been' made in the wording of the schedule respecting through the Strait of Gibraltar or in the Mediterranean. Gibraltar and Tangler are now excluded from the main description, which means, that the rate on merchan- dise to and from either of these ports, shipped by the regular liners. is 23. Ed. per £100 whereas 'Brooklyn-Manhattan the ordinary rate covering the $6 cum, pí. war risks of merchandise in ships Case, J.I. passing through the Strait of Gib- Canadian Paciać ... raltar, or entering waters west of Celanese Corpn. of 12dcg. E. long, is 7s. 6d. per cent.

America The rate for specie and registered Cerro de Pasco...... post had been 50 per cent. of | Certain-Teed P'ducts the schedule rates for ordinary Chesapeake Corp. 101 merchandise, so that for voyages Chesapeake & Ohio 881* for which 7s. 6d. per £100 had Chrysler Corpn. ... 53 been normally quoted 3s. 9d. be- Columbia Gas & El 114 came, automatically the special Columbia 6% “A” pl. 24

Commercial ·Credit 45 * Commercial Solvents 32 Commonwealth & 8. 124- Commonwealth

rate.

Last Sele Sept. 18 20

731 197

41.

497

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings

Preadden Liners frequent mailings and their unique stepover privileges allow you to aravel just exactly as you choose, and Doder Gleamship Lines and American Hill ne worldwide offices and agents are maintained to serve you shore in whatever place you chance to be. Make your next trip more enjoyable, travelling "The Proakdent Line way.

TO SEATTLE, VICTORIA "THE EXPRESS ROUTË”

TO SAN FRANCISCO NEW YORK AND BOSTON '·

Via Kobe, Yokohama, Bonolulu. San Francisco, Panama Canal and Havana. Pres. Wilson

B8.13

Oct. 6th Props, Hoover Nooa Oct. 13th Pres. Cleveland Bam. Nov. 3rd Pres. Coolidge 10 sm. Nov. 13th Prea. Taft HA.D. Ded.

Tat Pres. Hoover 8 m. Dec. 11th

KUROPE, NEW-YORK,

Via Kobe and Yokohama

Pres. Jackson night Sept. 24th Pres. Jefferson M'night Oct. 8th Pres. McKinley M'night. Oct. 22nd Prea. Grant Might Nor th Pres. Jackson M'uight Nov. 19th Pres. Jefferson M'night Dec. 3ni

MANILA

THE MOST FREQUENT SERVICE

Via Manilla, Singapore, Penang, Colombo, Bombay, Saar Canal, Naples, Genos and Mamelles

Next Sailing. Pres. Garfield 8 a.m. Sept. 28th Pres, Garfield 8 a.m. Sept. 28th Fres, Hayes

8 a.m. Oct. 9th Pres. Wilson M'night Sapt. 28th Prea. Monroe 8 Oct. 24th Pros. Jefferson 8 p.m. Oct. Indi Pres. Adani 8 a.. Nov. 7th Pres. Hoover

0 p.m.

Oct. 8th Pres. Harrison sam.: Nov. 21st Pros. Hayes

.Oct. 10th Pres. Polk 8 om. Dec. 5th Prea. MoKinley 6 p.m. Oct. 16th

gam.

MOST FREQUENT SERVICE. ON THE PACITIC

•

DOLLAR STEAMSHIP. LINES AMERICAN MAIL LINE*

* • 81

221

PEDDER BUILDING-HONG xoxo. CANTON BRANCH -21, FRENCE CONCESSION, SILAMENN.

CONSIGNEE

NOTICE.

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES

CONSIGNEE NOTICE.

.17 of

up of up of up uneb,

Sept. 18.

157.83

6146 17 90 Rail 37.54 25.45 20 Utilition 105.89 29.54 40. Bonds

41.80

21.00

09.45

52.44 55.58 11 Commodity Index unquoted

High Low Close Change 188.09 161.38 155.58 2.37 off

41.98 40.20 41.80

unch. 24.8 23.85 24,43

.07 oft LA.17 .98 of 8214

Business Done:-1,550,000 shares,

Last Bala

Sept. 18 20

Stocks

142

141

Great Northern Rly. 39

551

544

Great Western Sugar 31 301

971

951

Holly Sugar Corpn.

Humble Oil

29-

281

Int. Nickel ...

Int. Tel. & Tel.

Int. Dept Stores

271

293

41A

Kennecott Copper Lambert Corpn.......

591

101

161" 16.

"Loew's Inc.

321 301

Lorillard

741

711

McIntyre Porcupine McKesson & Robbina

36 161

Monsanto Chemical 97

"Montgomery Ward

Murray Corpo.

141

Nat Cash Registor..

411

Nat Dairy Products 17

Nat Distillers.

271

247

241

Nat Power & Light 83

131)

131

New York Central

271

131

Niagara Hudson P.

Corpn.

$7 cum. pf.

North American

221

voyages

Baltimore & Ohio... 181 Barnsdall Of

184

Northern Pacific...

201

181

Pacific Gas & Elec. 253

Benal Aviation Bethlehem Ateti Boeing Airplane Borden Co. Briggs

Pacific Lighting

761

Packard Motors......

251 25

Paramount

·126

21 211

Pennsylvania R.R

301

M'facturing 381 Brooklyn-Manhattan

373

Phelps Dodge

Phillipa Petroleum

ᎦᏟᏐ

TIBIS

141

Public Service of NJ. 377

Pullman Inc.

414

Pure Ou

161

1381 91

137

Radio Corpn of "Am. Republic Steel

277

Reynolds Tobac. “B” 491

291

St. Joseph Lead Co.

·563

544

Schenley

Schenley 5% pt.

37 90

101

Sears Roebuck

.781

Shell Union Ou

213

511

Socony-Vacuum

181

111

Southern Cal Edison 314

Southern Pacific.....

· 197

Southern kly 5% p. 30

324

Stand Brands .........

101

121

Stand Gas & Elec.

cum. pf. Consolidated Edison 382

531

521

$7 pf.

381

"Standard Ol of NJ. 597

59+ 591

Sterling Products

631

Swift International

181

Technicolor

141

Texas Gulf Bulphur 341

251

114

Tidewater Assoc. Oll 163 Timken-Detroit Axle 191 Transamerica

us in any case whatever.

Hong Kong, 18th Sept, 1937. [

Western

107 109 Distillers Corpn Bea..

groma

·17 Douglas Aircraft ..... 401 Du Pont secrets 1484

20th Cent. Fox Filma 304 .. 20th Cent. Fox Films

171 40%

pl.

38 *

Un. Carbide & Car-

1464

bon

151

Un. Pacific

105

104

Elec. Bond & Share Elec. Bond & Share

United Aircraft

217

$5 pt.

551*

Elec. Bond & Share

Un. Airline Trans-

port United Corpn. woni

11%

$8 pf.

614

United

Corpn. $3

357

Elec Power & Light 16 Elec Power & Light

151

cum pf......

In Shanghai has been confiscated

Un. Gas Tprovem't

$7 DL. Firestone Tire & E. Fiin kute

601

55 *

Gen, Asphalt

Un. Light & power

"A" US Industrial Alco-

hol

447

quantities have been shipped to

to Japan during recent weeks-

Gen. Gigar".

201

U.S. Rubber

401

Gen. Electric ......... 281

Rubber $8 pf

Gen. Foods

347

341

UB. Steel

901

49.

Vanadium

291

Warner Bros Pict

114 118

Westinghouse

Fec. 125

35%

Youngstown

Sheet

Gold Dust Goodrich (B7) Goodrich $5 pf.

31 *

& Tube

651

-281 *701* 72

311

Chase National BE 42(* National City Bank 371* Call Money namest 1

I ex dir.

64 412" 382" 1% Bid

here.

The new rate for registered post is to be 2s. 6d., with an additional 2s. 6d. per cent. If the vessel sails by a route west of the Balearic Isles. The wording.of a paragraph relating to through bills of lading has been amended so as to provide that:

Consolidated Of Continental Oil Corn. Products ... Curtiss Wright (C) 15 Curtiss Wright "A" 257 Delaware & Budson 111 Del. Lackawanna &

The rate to be charged for two voyages linked by a through a of lading may be taken." as the higher single rate applicable. in- stead of the aggregate of the separate rates for. the two voy- ages, except that where the voy- ages necessitate two trips through the Strait of Gibraltar or in Mediterranean waters west of 12- deg. E. longitude double the higher Electric Boat.......... 161 rate shall be charged.

SHIPBUILDING

ORGANIZATION

Appointment Of Mr. A. Belch

The appointment, announced re- cently, of Mr. Alexander Belch to be deputy to the chairman of the Shipbuilding Conference is a de- cidedly interesting one.

Gen. Motora

Gen Railway Signal 294 Gillette Safety Razor Glidden

In the spring of last year the appointment of Sir Amos Ayre to Goodyear be chairman of the conference rightly attracted attention, since it signified a larger future for this

WILS

new

are

THE NATIONAL DEBT £649,770,091, and the aggregate body, and this view has been well ilabilities of the State £706,154,110.supported by events. The confer-

to ensure that ships, which beeded may be build at prices The internal floating debt was ence is now officially described as which owners can afford to pay. decreased by £84,040,000 to £698.- the, central commercial organiza- The successful development of the 130,000, but other internal debt tion of the shipbuilding industry. conference recently is an indica- increased by £00,972,000 to The period since that appoint- tion of the intention that the in-. £2,489,528,508. External debt fell ment was made has been dis-dustry shall not decline again to about £4,000,000 to £1,032,563,090. tinguished by a definite upward its condition of intensified com The estimated capital ability of movement in the terminable annuities was £12,123.- ships, and while updoubtedly the control which had such disastrous

costs of

petition and lack of any general 338. Funded debt totalled £3,364,- Industry A White Paper issued recently, 684,808, a reduction of a little un- should be adequately rewarded for

resolved that it consequences for all concerned. giving details of transactions re-

Other industries, notably ship- der £2,000,000. Assets of the State good work done-and it could ping, long ago found, the need for lating to the Debt, showed that, if j which admit of being calculated properly point to the need for capital liabilities in respect of sums (not including Great War loans to this country of a strong shipbuild-and shipbuilding was not above an efficient central organization, borrowed under various ·Acts Allies and Dominions) are £499,- ing industry-it can claim that a following

t (£112,632,720) are included in the 683,619.

their examples. ---Mr. large proportion of the rise in Belch, who has resigned his office National Debt, the aggregate Interest and management of the costs is due to the higher prices it liablities of the State are £7,000,- National" Debt cost, a total of 'is being charged for all the pro-Employers' Federation in order to as secretary of the Shipbuilding -882,264, which is an increase of £210,872,730,"of ̈which £9,350,000 ducts it uses. about £8,000,000 compared with a

Basume new, duties as deputy, to was interest on savings certificates, The coats-of-these products must the chairman to the conference, year before.

£3,805,778 interest on Treasury be a matter which concerns the Bills, and £190,820,627 other in-

has long studied carefully the pro- central organization closely, just blems with which, to an increasing terest.

as it must desire to do its utmost extent, the conference must have

In March, 1914, the total dead- weight debt (National Debt) was

བྷཙྩཊྛཱ ཝཙྪིཡཏྟཱབྷཱཊྚཏྟཱ བྷ=བྷཛཔྤཊྛ88 ཇོ ཉྙཡྻུབྷཱནྡྷནྟུཀྐཾ ཨྰཿཊྚ ཀྰཛཊྚནཱ དྷབྷྱོཿཙྩཊྚཛཱཀྐäཎྜཙ ཿནཱིཡྻཙྪཱཙྪནིཊྛོཝོ agn ུ ཿབྷ༧ ✖མྤནྡྷཏྟཡྻོ,

MOCK AIR RAID OVER BERLIN

S.S. CHENONCEAUX" 92*A/37. BRINGING CARGO Fox MARSEILLES, via porta etc. ARRIVED HONG KONG ON SATUB- DAY, THE 18TH SEPT., 1937.

TONSIGNEES are hereby informed that their goods with the exception of Opium, Tressure 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 in to me on or before the 28th September, 1937, or they will not be recognized.

Damaged Packages will be examined by the Company's Surveyor, Messrs Goddard & Dongles in the presence of the Coraignees at 10.00 am, on Fri day, the 24th Sept., 1937.

Consignees must have Revenue Officer in attendance when any dutiable gorda are examined by the Company's Surveyors.

No Firs insurance will be effected by

CONSIGNEE NOTICES,

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO, LTD.

AND

CHINA MUTUAL STEAM NAVIGATION CO., LTD..

YONSIGNEES per Co's Vessel

"PREMICS"..

FROM NEW YORK VIA MANILA, ars hereby notified that their Cargo will

into be discharged

Holt's Wharf, Kowloon, where it will lie t Consignees risk and subject to Terme and Conditions of Storage at Hel's Wharf. The Cargo will be ready for Delivery from Godown on and after 21st Sept.

Optional Cargo will not be landed here unless Notice has been given prior to Steamer's arrival, bat carried on from port to port to the final port of call to which the option extends.

All broken, chafed and damaged Bloods are to be left in the Godowns, where they will be examined on any Tuesdays sad Fridays imtween the hours of 19.45 and Neow within the Free Storage period,

No Claims will be admitted after the Goods have lett the Steamer's Godows, and all Goods remaining undelivered to Bent after the 29th Sept., will be subject

All Claime against the Steamer must -MESSAGERIES MARITIMES.be presented to the Undersigned on or before the 19th Oct, or they will. act be recognised.

No Fire Insurance will is affected

BUTTERFIELD & 37BE:

Agente.

18607

CHINESE PROPERTY

CONFISCATED

Nanking, Sept. 19: According

military

to reports received here from sources, SH Chinese moveable property belonging to civilians in the Hongkew district

21st Sept., 1937.

SILVER LINE.

NOTICE TO CONSIGNEES

FRON

by the Japanese troops. Large SAN FRANCISCO AND NEW YORK

Central News.

LIENYUNKANG HARBOUR Hsuchow: Sept 18: Five Japan. ese warships and an aircraft car- rler arc now carrying out a. blockade of Lenyunkan harbour and the Kiangsu coastal region. according to the reports, received.

A number of Chinese junks in the vicinity of Tungllen Island. Chehpanshan and Pingshan have been seized by the Japanese- Central News

JAPANESE CLAIM RIDICULED

Nanking, Sept. 20: A Chinese spokesman of the Air Force to day ridiculed the Japanese claim made yesterday that the Japanese had wiped out" the Chinese' air force during yesterday's raid.

He added that such preposterous exaggerations was "not worth laughing at."

SE Motor Vessel

"SILVERSANDAL" having arrived from the above Porte on 15th instant, Consignees of Cargo are hereby informed that their Goods are being landed so their risk into the Go- downs of the Hong Kong and Kowloon Wharf and Godown Company, Limited, Kowloon, mad stored at Consignees risk and arpense,

All broken,chaled, and damaged Goods are to be left in the Godowns, where they will be examined on Wednesday, 92nd instant, 1937, at 10 am.

All Claims must be presented within 15 Days of the vessel's arrival here, after which date they cannot be re- cognized.

No Claims mll be admitted after the Goods have left the Godowns, and all 24d instant, 1937, will be subject te Goods remaining undelivered after the Ront

Na Fire Insurance has been affected, Bills of Lading will be countersigned by

FURNESS (FAR EAST), LTD, 2nd Floor, Hongkong & Shanghai Bant Building Dins 93165 & 28169.

Berlin. Sept. 20. A large scale mock air raid was demonstrated in 'Berlin this morn- ing. Soon after the sounding of the sirens the streets were deserted and on the approach of bombingChinese planes put up

The successful night which the Hong Kong 15th Sept., 1987. planes anti-aircraft batteries roar-

to-day

ed from housetops. An hour after against the 50 Japanese machines after Berlin citizens returned to

was good praaf that the Chinese

conditions. work and the city resumed normal Air Force is still functioning em-

clently- Reuters Bulletin Service.

Central News.

to deal. He will bring to his new duties capability for hard work and qualities of vigout, good hum- our, and tact which should be an admirable equipment.

- JAPANESE PLANE CRASHES IN 'WHẲNGPOO

CHINESE CAPTURE YAOMATU Shanghai, Sept. 20: It is reveal-

Nanking. Sept. 10: Chinese ed here to-day that one

of the.. military headquarters announce Japanese planes which dew 'ovez to-day that Yaomatu, important Footung and was hit by a Chinese town on the Tientsin-Puikow line, anti-aircraft shell yesterday crash- has been captured and Ave Japan-ed Into the Whangpoo River near eze oil Junks have been burned.--- the Mutsul Busan Kaisha Whart Central News.

1937-09-22 — Page 13

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