NORDDEUTSCHER LLOYD, BREMEN.
THE Motor Ship
THE
"TRAVE"
having arrived from BREMEN, HAM-
BURG and Ports, Consigness of Cargo
are hereby notified, that their Cargo is
HONG KONG DAILY PRESS, MONDAY, APRIL 17. 1933
MONEY AND MARKETS
being landed at their risk into the Go- LOCAL PIECE GOODS LONDON FINANCIAL
downs of the Hong Kong and Kowloon Wharf and Godown Co., Kowloon, where Delivery can be obtained,
Consignees are further notified that the Motor Ship TRAVE" has taken at HAMBURG and BREMEN Through Cargo for HONG KONG ar 8.8. MARGARETA, S.S. "IRMGARD.". S.S. 'GANTER," S.S. "ALL," 3.8. "LEKKE " and S.8. "AzNSE" from GOTHEN-] BURG, KOENIGSBERG, HELSING- FORS, BAUMO and STÉTTIN.
All Goods remaining undelivered after the 22nd April, 1983, will be subject
to Heat.
No Fire Insurance will be effected by us in any case whatever.
Damaged Packages must be left in the Godown for examination by the Con.
aiguess and the Company's Surveyors, Messrs. Anderson & Ashe, at 10 a... on the 21st April. 1933.
Consignees must have a Revenue Officer in attendance when damaged datiable goods are aramined by the
Company's surveyore.
No Claim will be admitted after the Goods have left the Godown and all Claims must be presented within Two Wocks of the Ship's arrival here, iter which date they will not be recognised.
Consignees are requested to surrender their Bills of Lading to the Undersigned for Countersignature."
MELOHERS & 00.,
Agents: NORDDEUTHOUER LLOYD, BREMEN, Hoog Kong, 10th April, 1953. (719
AMERICAN ORIENTAL FINANCE
CORPORATION
A COMPLETE SERVICE
A complete brokerage service for New York Stooka i available at our local Agents
Asia Lands Limited
Gloucester Building, Daily Quotations sent-gratis
apon request.
CHAMBER OF COMMERCE.
REPORTS
Cotton Piece Goods and Fancy
Cotton Goods.
The fortnightly report of the Hong Kong General Chamber of Commerce states that the follow- ing reports have been received:→
The market for Staples and Spring Fancies continues, quiet due to peor demand and the Ching Ming festival, many dealers hav ing visited their Ancestors Tombs. Some business is being done in this
Bome
NOTES
(Special Air-Mail Service)
NATIONAL BANK OF INDIA
A contraction of £90,000 in the net profits of the National-Bank of India to £450,198 was too small to affect the dividend, which is re- tained at 20 per cont. for the year. The only difference is that the sum earried forward is reduced by £30,000 to £249,007, sines the alloca tion to contingencies fund is raised Officers' by £10,000 in £30,000. pension fund again receives £50,000. Deposits were £2,500,000 higher ut £20,113,142, and the cash posi- tion has been increased by £700,000 to £4,500,063. British Government
and
Securities stand at £9,109,031, or market in Shanghai-made Grey £1,100,000 higher, and billa are and White Shirtings but shipments virtually the same at £5,596,887. are chiefly going direct to Canton. Discounts, loans receivable,
by £1,400,000 to £10,609,338. Clearances have been slower but other sums due to the bank declined
show
improvement should now that the festival is over.
The latest Cotton prices, to hand are those of the 12th inst:-
American Mid. "Spot" 5,35d. Egyptian Sakal,
F.G. F. "Spot"
Woollens.
7.44d..
BANK OF ENGLAND PROFITS
WILL RUBBER BE. SUPERCEDED
Future Interests of S.S.
and F.M.S.
Singapore. The hope that in the future the industrial interests o the country may develop along those lines was expressed by Dr. H. A. Tempany, director of agri culture in the Straits Settlements and F.M.S., when he spoke at the opening of the Singapore-Johore Agri-Horticultural Exhibition at
the New World.
His Excellency the Governor, 'Sir Cecil Clementi, carried out the opening ceremony, and in his speech he referred to the prevalence of useless rubber in Singapore-island, He urged that a move should be made to get away from rubber and develop market gardening.
afternoon.
of
His Highness the Sultan
More than ten years have elapsed Johore paid an official visit in the
since there was a horticultural show held in Singapore. The last occa sion was at the visit of H.R.H. the Prince of Wales to Malaya during his world tour in H.M.S. Renown in 1922.
At the half-yearly meeting of the Bank of England yesterday it was disclosed that the profits for the This year's show does not com six months ended Feb. 28 while are in size and spectacle with that £1,200 less than the figure for the of 1822. It is restricted in many September six months, at £656,302,ways, not least by the pressure af were some £30,000 higher than for economic conditions at the present the comparable period a year ago. time, but it reflects great credit After
meeting the half-yearly on the organisers. A delightful Some mall orders are reported
dividend of 6 per cent. the Rest show of flowers and plants, farm to have been placed on the stan will stand at £3,021,033.
and general products, has been House list of Governors gathered together, and the exhibits dard Continental Sorges but the The volume of business is much below shows only one change, Mr. Edward are of exceptionally good quality norinal on account of the large Holland-Martin being recommended throughout. stocks still remaining from last. for a vacancy. The election for the season. Other business has been Governor and Deputy-Governor will arranged in the usual Winter goods, he held on April 4, and that for but only in limited quantities, the directors on April 5. Dealers, show 'little interest in new cloths and are confining their pur chases to old established lines. Wool prices at Home are pract cally the same as last year. But owing to lack of orders, manufac- turers are making concessions to secure work for their looms.
KARDEX Visible Record Cabinets Protect Your Valuable Records Eliminate Waste and Loss. Most Visible and Efficient Sigual Control. Built for Accessibility and Durability.
Entries can ba made on both sides of a card without remov- ing from cabinet. Ta essential for statistics, payments, and a variety of records, including Customers, Coats, Pur- chases, Salos, Wages, Stocks, Credit Collec tions, Investments, Eslos Promotion, etc, etc. The most moder ately priced visible record system on the market. Let us show you how you can in- create your turnover, and
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THE OFFICE APPLIANCE CO.
LIMITED..
INCORPORATED UNDER THE HONGKONG OLDINANCES,
Specialists in Office Equipment.
Phone: 28607. Powell's Building, 12a, Des Voeux Road, C.-
SHIPBUILDERS,
SHIP REPAIRERS,
BOILER MAKERS, FORGE MASTERS, OXY-ACETYLENE AND ELECTRIC WELDERS,
MECHANICAL AND
ELECTRICAL-
ENGINEERS.
-DRY DOCK
Length 787 Feet Length on Blocks 750 Feet
KONG, LIMITED. THE TAIKOO DOCKYARD & ENGINEERING COMPANY
OF HONG
WIRELESS Call V.P.G.N. 600 METERA
SALVAGE TUG "Taikoo"
Depth on Centre df
SII (H.W.0.S.T.) 34' ft. 6 ins.
-THREE SLIPWAYS.
Capable of Handling Ships Up to 4,000 Tons Displacement
Electric Crane at Sea Wall, Capable of Lifting 100 Tons at 70 Feet Radius.
BUTTERFIELD & SWIRE, Agents,
HONG KONG, CHINA & JAPAN,
TEL Adoras: "TAIKOODOOK, Hoxo Kows.
· TELEPROWR :- 80211
CASE TRAN: "O" Ovzr "Áns. PRUNANE”
OPPORTUNITY!
Holiday in Honolulu, Canada or United. States
SPECIAL. OFFER BY C.P.R.
Effective June 1 to July 31, the Canadian Pacific are issuing Special Excursion Fares from Hong Kong to the Pacific Coast fand return at:
First Class
G$132 Tourist Class ...... G8240 Also special low fares to Hono- lalu and return.
The tickets are on sale in Jube pad July from Hong Kong and bear final limit for any Canadian Pacific steamier leaving Vancouver or Victoria up to September 30.
Combination fares, First Class or Tourist, by any steamer of the Canadian Pacific Fleet and Special Canada and U.S.A. will be quoted on application
Summer Rail Fares to points in
An ideal holiday is offered dur ing the hot summer months.
climate,
The Following is a suggestion
desiring a change in scenery and surroundings: offered by the company for those
June Sail froin Hong Kong by 8.s. Empress of Russia,
June 4 Call at Shanghai. Juno 6 Call at Nagasaki.. June 8 Cail at Kobe. June Arrive Yokohama. June 16 Sail from Yokohama. June 18 Artive VancouFET, June 21-23 At Vancouver. Room with hath at Vancouver Hotel with meals
June 24 Take local steamer to Victoria.
June 27 At Victoria, Room with bath provided at Empress.
June 25-30 Hotel with meals. July 1 Sail from Victoria by 2.8...
Empress of Nussin.
Dr. H. A. Tempany said in
July 12 Arrive Yokohama. July 13 Arrive Kobe, part:-"The event is of some im
July 14 Arrive Nagasaki. portanec," he went on, and I think
July 16 Arrive Shanghai. must be regarded as part of the campaign which is now being car
July 17 Leave Shanghai,,, July 19 Arrive Hong Kong. ried on quietly all over Malaya to lessen the dependence of the coun
A tour of 47 days, including try on imported agricultural pro- steamship accommodation with hed ducts which we could produce our (not berth) and meals (Canadian. selves, and to increase our depen-acific standard), hotel accommoda dence on agricultural exports other lion at Canadian Pacific Hotels including room with bath, and than rubber.
meals at a fare of:
First Olan
"For, that campaign Your Ex cellency is largely responsible, and always you have done everything, that lies in your power, to assist and support it.
Signs of Progress.
BRITISH THOMSON-" HOUSTON REPORT The
directors of the British Thomson-Houston Company in their annual report have again to announce a reduction in output and in the amount of new business re- ceived, while they add that orders in hand at the end of 1939 also showed a decrease. In view of the persistence of these unfortunate tendencies the results for the year. must be regarded as favourable, for "I think we are beginning to sce the profits, at £392,018 show a de- signs of progress, and if these. cline of no more than 13 per cent., efforts persist I. sto no reason to and holders of the £2,000,000 of doubt that in daocarse great Ordinary capital receive a dividendsults will accrue of 4 per cent, which compares with 5 per cont. for the previous three years. No allocation is made to reserve, to which £20,000 was transferred a year ago, but the balance carried forward is increas ed from £21,205 to £227,795. A strong position is disclosed by the balance sheet. Including £736,060 in eash and £290,044 in British Gov- ernment Securities, the floating assets amount to £3,634,000, against which there are current liabilities of unly £1,185,000. The company is thus well prepared to take adven- tage of any improvement in business conditions.
.
VİCKERS' SMALLER·
PROFITS
"Trade returns; for 1032 show an increase of ten per cent in tha value of agricultural exports, other than rubber, which we can produce our selves, and of 7 per cent in the volume. Imports show a decreas also, and while that may be due in some measure to the lessening of purchasing power, I feel that it is due also to increased production in this country..
Tourist Class
G8535,00 G$333.00
A longer stay may be arranged by payment of additional amount to cover hotel and steamship aci commodation desired,
N.Y.K. LINE SPECIAL
EXCURSIONS
FARES FROM ORIENT TO
PACIFIC COAST
It will be interesting to resi dents in the Orient to know that the N.Y,K, have announced their Special Sumper Excursion fares from the Orient to Honolulu and
THE RUBBER CRISIS Pacific ports with 80% reduction ou
DUTCH BROKER'S TEN YEARS' PLAN TO HALT PRODUCTION London, April 9-The city cor respondent of the Daily Telegraph
It was apparent from the redue-reviewing a letter of Mr. Frances tion from 3 to 4 per cent. in the Voules favours the view that the Ordinary dividend of Vickers-the Rubber Growers Association should great iron and steel holding com-ngitate for a. revival of rubber re pany that the earnings for 1932 striction negotiations. were on a smaller scale than in He admits that the subject is un- Trading profit fell from der discussion in rubber circles in 2013,811 to £811,594, but the not London as the present policy, while earnings, owing to roduced pro- calling attention to the state of the vision for taxation, were only rubber industry, has done nothing £45,455 lower at £520,038.
to provide a remedy.
1031.
This amount included £3,135 (being part of the profits on the realisation of securities), but the return on the holding in Vickers Armstrong was about £102,000 smaller than in 1031. After allow ing for the Ordinary dividend, the carry forward is £12,307 lower at $222,023.
Following the capital reduction
International Committee. Amsterdam, April 8-A ten year convention between rubber growers throughout the world in which no extention of rubber growing will be allowed, is proposed in a scheme. drafted by the prominent Ameter- dam rubber broker, M. Wynand.
It was explained by the President of the International Society for of the English Steel Corporation, Rubber Culture that the Dutch In the book value of Vickers-Arm- dies proposes to establish an inter- strong's holding in that company national committee with a govern- exceeds the actual value, The ment delegate from each country. writing down can only be effected which twice yearly will decide the by a capital reduction of Vickers-figure of the world's consumption. Armstrongs, which, however, will The total potential world produc- not affect the valuation of the tion will be based on the future shares of that company in Vickers production for 1937 and a quota balance-sheet, since Vickers-Arm- established for each country. strong's Ordinary share stand at. The annual world production will il and the B" Preference at IIa. be based on world stocks which will 9d. each. There is also a capital be considered equal to six months reserve of $2,500,000 against fixed world consumption.Reuter. assets of £13,147,490, 2017
Hot Official, Strong Cash Position,
London, April 8-In order to The feature of the holding com prevent misunderstanding the In- pany's balance sheet is the remark ternational Society for Rubber Cul able liquidity of the position, the ture of the Dutch East Indies cash item alone being $2,964,518, states that the Wynand's scheme. against £553,025, a year ago. The was not issned, by them,
increase is mainly due to the sale an
of gilt-edged holdings, which are Armstrong ended on Dec. 31 last. reduced from £4,580.448 to. On the other £1,600,047, Why this exchange has the reconst been made when the deposit rate it shout
hand, ala result of tion of English Steel, BINOCULARITY TO "pro-
is so-low le not explained Surely ride in the current year for the pro. debtors are some £695,000* lower portion of the loss of that com- but amount due from subsidiaries pany, which apparently took Sre higher £145,000 last yearIt would seem, The inquisitive shareholder may however, that unless.conditions im note that the arrangement by prove the lapse of the guarantee Which the Sun Insurance Office con- must be considered in estimating tributed not more than £200,000 the 100 dividend prospecte per annum to the profits of Vickers Vickers Ordinary. share
the return portion of the passage, thus making the round-trip fares na following:-
Hong Kong Honolulu
Iat cluse A ?......... G$300,40 1st class B. G$327,69 Cabin, elasa.... 2nd class
G$300.00
Tourist class "A"
(18221.40 G8195.60
Tourist class 'B' ...... G8154,40 Hong Kong--San Francisco. let clase "AS
08452,00 G8372.00 G$372.00 GB276,00
$240.00
08204.00
"1st lass "D"
Cabin class 2nd class Tourist class Tourist class. "B"
13
president liners
■ 11 1.5 91,000 m 1-1
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
Pavia Panama Fortnightly sailings on Wednesdays Pres. Coolidge...
Pres. Lincoln.........
Pres. Hcover
Pres. Wilson
Pros, Coolidge
To Seattle and Victoria
Apr. 26, 1a.m. Pros. Cleveland
Fortnightly sailings on Saturdays
May 6
May 20
June 3
...June 24
Pres: Taftsp
May 10,
May 24
Pres, Jefferson..
June 7
Pres. Cleveland
...June 21
ROUND TRIP FARES TO EUROPE & AMERICA.
Direct
Special through rates to Evrena vie United States. Donnections with all Atlantae lines. Choice of rail lines across United States and Canada, liberal stop-over privileges For Sight-seeing Fall particulare upon application,
Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits Colombo, Bombay, Suez Canal, Alexandria, Naples. Ganoa, Marseilles, New York and Boston.
8AM.
Pres. Van Buren.............Apr. 29 Pres. Garfield
TO MANILA
May 27
June 10
Pres, Polk....
May 13
Pros: Adama
Pres. Coolidge April 18, 6 p.m.
Pres. Van Buren
May 13
Pres. Claveland .........................................Apr.' 29 Pres. Lincoln
May 19
May. 16
up... ...May. 20-
Next Sailing
Apr. 29 Pres. Garfield.
Pren, Taft May 2 Pres. Hoover Pres. Cleveland. ..............May.' 6 Pros. Taft Connecting with 8.8, MAYON To CEBU, ILOILO, ZAMBOANGA
*
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
PEDDER BUILDING - HONGKONG.
CANTON BRANCH:14, SHARES STREET,
PACIFIC ORIENTAL
MONTHLY CARGO AND PASSENGER SERVICE
M.S. "JUTLANDIA" Sailing on 24th APR.
CARGO, AND PASSENGERS ACCEPTED FOR
SHANGHAI, SAN FRANCISCO, VANCOUVER, SEATTLE, LOS ANGELES, ETC. THROUGH BILLS OF LADING ISSUED TO OVERLAND POINTS.
Excellent Passenger accommodation" Passenger fare Hongkong/San Francisco) 3**
(1st class only):
G8120.
For Freight and Fassage, etc...please Apply to: THE BAST ASIATIC CO, LTD. THE CHINESE AMERICAN
SHIPPING COMPANY.
Agenta:
JOHN MANNERS & CO, LTD.
Agent: HONG SLING
Ofice: MERCANTILE BANK BUILDING (TOP $1003), 7, QUEEN'S RD., CENTRAL TELEPHONE :: 24071.
Hong Kong-Los Angeles.
1st clase "A"
$402.00 -
1st class "B"
G2354.00
G8394.40
018262.00
G$246.00
G8210.00..
Cabin class 2nd class. Tourist class "A"
Tourist class. "B"
Hiye Maru Heian Maru and Bokuyo Mara.
2nd class applies to Asama Maru, Tatsuta Mary and Chichibu Maru, Tourist class "A" to Helye Mani:, Tourist class "B" to Taiyo Maru and Rakuyo Maru; Tourist class "C" apply to Hikawa Maru, Hiye Man and Heian Maru.
Hong Kong Seattle' Cabin class,
G$362.00 Tourist class "C" ($188.00
-The above round-trip fares ap- 1st class: "A" applies to Asama ply to the vessels sailing during Maru, Tatsuta Mana and Chichibu June and July and tickets are Maru 1st class' "B" applies to available up to 30. September by M-8 Heiyo Maru; Cabin class rate which date passengers must start to Taiyo Maru, Hikawa Maru, on the returning voyage
NORDDEUTSCHER LLOYD HAMBURG-AMERIKA LINIE
BREMEN
NORD
DEUTSCHER
| LLOYD
BREMEN
FAR EASTERN MAIL PASSENGER AND FREICHT SERVICE
THROUGH BOOKINGS TO AMERICA EUROPE
AND EUROPE via AMERICA. BOOKINGS AROUND THE WORLD.
THROUGH BOOKINGS TO LONDON.
ARRIVALS FROM EUROPE - SAILINGS TOGE NOETH CHINA & JAPAN
BALLINGS
TO EUROFE
(NDL) M.S.SAALE". (HA MBRAMBES"
HAL) MSDUISBURG (NDU) B.EDESSAU
21st Apr. 24th Apr.
30th Apr.
5th May
(NDL) M.S, FULDA”
18th
(HAL) M.S. RUHE" (NDL) MATRAVK" 80th Apr,..(HAL) M.S. “SAUERLAND",
8th May 11th May,
.. 19th May
..28th May
DESTINATION
HAMBURG
APE
M'ler, A'dam, R'dam. H'burg, B'men.. Genus, Marseilles, Rotterdam, Hamburg Genon, Barcelona, B'dam, B'burg. Genoa, Marseilles, Oran, Havre, Dunkirk,
Rotterdam, Hamburg, Bremen) G'oa,C'blanca, B'lona. L'bon, R'dam. H'burg. B'men Geros, Marseilles, Rotterdam, Hamburg Marseilles, Rotterdami, Hamburg, Bremen Genoa, Rotterdam, Hamburg
NDL. Hongkong/Fouth Sea Islands service: 8.8. FRIDERUN” 12th May, 1998 to MADANG, A
NORDEUTSCHER LLOYD MELCHERS & CO., Agents,
Queen's Building, Tel. 26878.
12
BABAUL, and parts
HAMBURG AMERIKA LINFE
JEBSEN & CO.
112; Pedder Street, Tels
CANTON AGENTS:
JERSEN & CO. Shameen, B.C
LOWTIE & CO.; Shakee Road