LINE
MAERSK LINE
What regular FREIGHT ano
PASSENGER SERVICE
TIA
Shanghai, Japan, LOS ANGELES
and PANAMA
NEW YORK,
to
HONG KONG DAILY PRESS, TUESDAY, JUNE 12, 1934.
BRITAIN AFTER THE BUDGET
The Hall Mark Of Success
Mr. Stanley Baldwin, Lord Pre-, ment during the past two years. sident of the Council, in an article would be lost. The Sociallat party, `contributed to the journal of the he says, must not be given
a
PEAK TRAMWAYS
Decrease Reported At
Annual Meeting THE DOLLAR STEAMSHIP LINES
The annual general meeting of the Peak Tramwaya, Co., Ltd., was held at the Jacobean Room of the Hong Kong Hotel' yesterday, when
BOSTON, PHILADELPHIA & BALTIMORE. Liberal National (Simon) wing of chance to play fast and loose with Mr. D. S. Clarke, Chairman of the
..
Sailings toμU.8.A..
If sufficient inducement.offers also other ports of call. Arrivals from U.S.A.
MY "AGRA"
June 30th ...M.V. "PETER MAERSK”.
June 27th July 17th
(All dates are subject to alteration without notion.) "EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE RATES.
For Freight and Pam re please apply
་
JEBSEN & CO.
Canton, Shameen, B.C.
Tel 10918.
Agenta.
Hong Kong, Pedder Building
Tel. 28383;
AND
4
JGJL
COMBINE ROMANCE
MODERN COMFORT DURING YOUR NEXT HOLIDAY.
Visit gorgeous BALI and the enchanting island of JAYA with its beautiful remnants of old Buddhist Culture-- TO MANILA. MAKASSAR, BALI & SOERABALA
M.S. ** TJISADANE JA
12th June, 11 am. DIRECT
19th June, Noo
TO BATAVIA 8.S." THISAROKA ” · Special reduced round trip fares and through fares to Europe, Australia and Eouth Africa via Java.
May to August.-Special reduced Summer round trip, fore.
| HONGKONG/BATAVIA/HONGKONG
HK.8160."
Apply:-THOS. COOK & SON,
AMERICAN- EXFRESS · COMPANY HOLLAND-CHINA TRADING CO., CANTON
JAVA-CHINA-JAPAN LINE:"
JAVA CHINA JAPAN LINE
HAMBURG-AMERIKA LINIE
NORD LLOYD
TH
NORDDEUTSCHER LLOYD
DAINES
Far Eastern Mail Passenger and Freight Service
Through bookings to America via Europe and Europe via America, Bookings around the world. Through bookings to London.
OUTWARD · SAILINGS -
* (NDL) a‚«^*ODER” ..........................for Keelung, S'hai, Yokohama,.
Kobe, Moji, Taku Bar, Dairen, Tsingtau...... 12th Juna ✦(HAL) m.v: “DUISBURG” ...for Shanghai, Taku, Dairen, Moi, Kobe, Osaka, Yhama, Nagoya
for Yokohama, Kobe, Moji,
Dairen
***... 23rd Junė
(HAL) 1.%. “MECKLENBURG"
1 * DAY
17th June
*(HAL) m.v. "RHEINLAND" for S'hai, Yokohama, Kobe,
f.
† (NDL) &... “ TRIER".
*(NDL) m.s.“ TRAVE”
Oak, Moji, Taku," Dairen, Tsingtau......... ******* 23rd June
for 8'hai., Taku Bar, Dairen,
Tsingtan, Yokohama, Kobe,..30th June ..for Bhai.. Taku Bar, Dairen,
Tsingtan, Yokohama, Kobs... 9th July
HOMEWARD SAILINGS *(NDL) ma “SAALE”. ...........for Genoa, Miles, Rotterdam,
Hamburg Bremen, 18th June *(HAL) 65" PREUSSEN;" (... for Gazos, Marseilles,- K'dam.
28th Janie
*(NDL) 8.«. "MAIN" .....
* (NDL) 8.8.***
ODER"
Hamburg ...for Genoa, Marseilles, Oran,
P'dam, 'burg, Bremen ....and July for Millen, Oran,, Rotterdam,,.
Hamburg, Bremen
18th July,
(HAL) **" MECKLENBURG"
for Miles, Earcelona, R'data,,
Hamburg.
Fassenger Vessel. Limited Passenger Accommodation,
18th July.
N.D.L. HONGKONG/SOUTH SEA" ISLAND, SERVICE.
BREMERHAVEN? 5th July, to RABAUE
TULAGI and parts.
For further particulare and passage fares, sto, apply to:-
HAMBURG AMERIKA LINIENORDDEUTSCHER LLOYD JESSEN & CO,, Apunta,
12 Feddar Street, Tel: 28368.
CANTON CARLOWITZ & CO., Shakes Road.
MELCHERS & CO., ADINING
Queen's Building : Tol. 28378. AGENTS |
JEBSEN & CO., Shamson B.0.
the National Government("The the national finances.
Board of Directors presided; and Liberal National View" of May
Mr. Baldwin, contrasts the pre-Harston, Mr. A. B. Stewart, the was supported by Mr. J. Scott- 1934) addresses, himself - to, those
sent position of "Great Britain Hon. Mr. C. Gordon Mackie (Direc- supporters of the National Gov-
ernment who feel that this Gov. with that of "other leading coun-†iors) and M.-J. L. Qule; Secretary,
ernment might now be disbanded. He asserts that this is no "time
for the abandonment of national unity and a return to the guerilla warfare of party politics.
Great Britain's traditional sys tem of represenative Government, says Mr. Baldwin, would be put in jeopardy. With the Left demand- ing dictatorship, the Right auto- | cracy, and with perhaps as many as six parties competing for votes there would be à grave risk of a Socialist party, controlled by, ex- tremists and strongly tainted with Communism, being returned to power.
taxes
tries" who are anxiously seeking to rid themselves of serious budget deficits by means of fresh and stringent economies extending in the case of France, even to war
pensions.
The following shareholders were also "present:-Messra. J. A. Tar- rant, J. E. Jupp and W. C. Lee..
The Chairman; Mr. Clark in1 his speech said:
Chairman's Speech Trade: Improvement ....
Gentlemen-Profit on the year's "While we may thus congratu~; working shows a falling off of late ourselves on the strength and $18,759.00 and this is accounted promise of the national position," for by a corresponding, drop ́in says Mr. Baldwin, it would be a trame receipts. There was a small grave mistake to underestimate saving in maintenance and repairs the dimculties ahead." There has account and stores consumed, but been a welcome improvement in these are offset by the amount of trade, he declares. "The British | $6,706.10 under the heading Special horticultural industry has made! Repairs to buildings. It was found remarkable strides, with the help necessary during the year to re-. of carefully planned import duties; roof the Chief Inspector's house in the area under wheat has shown Bowen Road due to the ravages of a marked increase as the result of white ants, and to renew the elec- the quota scheme; the woollen in- tric wiring dustry has recovered to A great "Turning to the balance sheet, extent; and the latest figures for you will notice that the accounts iron and seel are actually the best have been presented in a slightly since 1929-a' record year for that | different form: This is necessary industry..
to comply with the new Compan
A Striking. Contrast The danger is real, declares Mr. Baldwin, and the surest pro- tection is the maintenance, in full vigour and confidence, of the Na- tional Government. By this means the country can safeguard itself against the greatest menace of our time, can preserve the substantial i gains secured during the past two On the other hand, states Mr.les Ordinance, but I do not think years, and can steadily add to Baldwin: there are important in there are any items calling for them with the development of a dustries, such as cotton and ship special mention broad national and Imperial po-ping, which have not shared In licy of reconstruction.
the general prosperity, while there are the distressed areas where the Il-effects of great industrial changes have still-to be counter- acted.
In the earlier portion of the article here quoted, Mr. Baldwin deals with the position of Great Britain "After the Budget" bud- get which,, he asserts, stamps the work of the National Government with the hall-mark of success. The firm insistance on an honest and realistic handling of the na- tional accounts" by the Chancellor of the Exchequer, Mr. Neville Chamberlain, supported by the sacrifices of the British people has been the underlying cause of that success.
P
The talling on in traffic receipts was not unexpected. Increased facilities for motor trame to the Peak and around, the Peak have no doubt affected our receipts. We are handicapped by the fact that "In the sphere of agriculture our lower terminus is sitiated at the disastrous fall In the world an inconvenient distance from the price level has created a problem town and I am of the opinion that which demands for its solution permission to extend the line even more drastic measures than to Queen's Road at have so far been adopted," he date can be obtained and
necessary land: acquired, the ex- tension should be carried out. In this connection I will quote from an article that appeared in "China Mail" of May 12th, 1888, just before the line was opened to the public.
Jays.
Nevertheless, the "essential soundness of the financial position is a triumph for the Government and the country., is the conclusion reached by Mr. Baldwin, who ends his article, with the plea for a. a single continuation of National Govern- budget, the whole of the ground ment referred to at the beginning recovered by the National Govern of this summary.
In Mr. Baldwin's view, if Great Britain were to depart from that policy for as much.
SHANGHAI MARKET
COMMENT
some future
י
the
the
"Doubtless once the line is opened for traffic various im- provements will be made in the cars, the landing platform etc. and perhaps the line will be extended at the lower end to Queen's Road,"
Cars and stations have been much improved since that was written, but it would seem that the extension to Queen's Road is as far off as ever. The land re quired is owned by, the Military authorities and negotiations to ac- quire this, have so far been un-
During last Tuesday's session general market was rather smali.. traders were preoccupied with the prices were. well maintained. May Settlement which was quite Shanghai Lands registered an ad- heavy following the large business vance, shares changing hands at done rubber shares. Later in 26 June. The upward march of successful the afternoon, however, several rubber shares continued on Ba- This was carried unanimonsly.
ransactions in cottons and de-turday; Anglo-Dutch closed at
A
AND
AMERICAN MAIL LINE
ANNOUNCE
NEW LOW ROUND-TRIP
FARES TO MANIA
AND RETURN
FIRST CLASS HK $180.00
Tickets valid for one month from date of issue- and are On Sale Now to September 30th;
CONSIGNEE NOTICES
NOTICE TOTM CONSIGNÉES.
AMERICAN,<&› MÄNCHURIAN.
LINE
FROM SAN-FRÅNCISCO, LOS. ANGELES NEW YORK, NEW PORT NEWE, NORFOLK AND
PHILADELPHIAZ
TTS OF WINDSOR
THE Bisamahip
having arrivedy: Consigues of Cargo by her are informed that all Goods are being landed at their risk into the hasardons and/or extra-hazardinie Ge- downs of Messrs. Holt's.Wharf, whence delivery may be obtained.
Optional cargo will be carried unless Notice to the contrary be given prior to arrival of steamer,
No Claims will be added after the Goods bare left the Godowney and a June, 1994, will be subject to Bent. Goods remaining undelivered after 17th All Claims against the steamer mnat be presented to the Undersigned on or before 24th June, 1934, or they will not be recognized.
between the hours of 10.45 m. and Noon, within the Free Storage Period of One Week.
Mr. J. E. Jupp seconded the pro- bentures were reported: Shanghai | $5.65, Batu. Anam at 0.56 andposal for the adoption of the Re Telephone 6% debentures were Tanah Merah could be obtained at port and Accounts which were done at 103 cash and Shanghai 1.83. In-Wheelocks the market passed. Cotton (new issue) at $43.50, was quite active with 6.150 shares The Chairman proposed that During Wednesday's half-day ses- changing" hands.. at 15.00 June. Sir Robert Ho Tung, Mr. J. Scott- sion the Shanghai Stock Market Following the publication of the Earston, the Hon. Mr. Gordon.
All broken, chafed and damaged Goods- was rather firm but business was output and delivery ngures of
Mackie: Mr.
A. B. Stewart and are to be left in the Godowns, where they only of a limited character. With Explorations the shares advanced
Mr. L. Kadoorie be re-elected to surveyor ca any Tuesday or Friday
will be amined by the Steamers the exception of Explorationis the to 4.90. While activity in the rab-
the Board of Directors. This was general market was dull and un- ber section receded on Saturday.
unanimously passed. interesting. The rubber section of there was good interest in Shang-
Mr. Jupp proposed that Messrs. the market was marking time on hai Lands. Explorations and Whee- Lowe, Bingham and Matthews, and Thursday, waiting for a lead from locks. Twos were somewhat more instead and Davis Chartered Ac- the raw commodity markets of active, shares changing hands at countants and Auditors, respective- London and New York The fea-11.50 cash and 11.60 June.
ly. be re-elected for the ensuing ture of the debenture market was Contrary to expectations, after year at a remuneration of»‹8350; a sale of one and one-half lakh two weeks of sustained, quietness Mr. W. C. Lee Seconded the mo of Central Properties 51% at 100. the final week of May was charaction which was unanimously pass- Instigated by the advance of rub- terized by inactivity on the Chin-ed ber'in London and New York, rub-ese. Government Bond Market. ber shares rallied on the following Maximum volume of transactions Only irregular fluctuations were day, over 125,000 shares changing on hands. Although business in the amounted to only about 20:000.000. any predominent buying on selling. any day during the week registered due to the absence of
{29,10)
炸
10.21
[20]
A.0.FC, Average of Shanghai Stocks
RANGE ST
No Fire Insurance has been effected. Bills of Lading will be canntersigned by THE BANK LINE, (CHINA) LTD
Agenta. Hong Kong, 10th June, 1984.
(2828
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO., LTD.
AND A CHINA MUTUAL STEAM NAVIGATION CO., LTD.
YONSIGNEES.per Co.'s Vessel)
DEUCALION"
FROM UNITED KINGDOM
VIA SINGAPORE.
CONSIGNÉE NOTICES.
NOTICE TO CONSIGNEES. PENINSULAR AND ORIENTAL
STEAM NAVIGATION Ca STRANE SOUDAN."
ARRIVED HONG KONG ON 10TH JUNE, 1934
FROMANTWERP LONDON GIBRAL KAR MARSEILLES, MALEAT
PORTSAID ADEN, COLOMBO!
CANESTRAITS.
AONSIONDES of: Cargo by the above-named Vossel are hereby in- formed that their Goods are barty landed and placed ar THE INK in the Hong Kong and Kowloon Wharf and Godown Company's Godown at Kowloon where dach Consignment will be sorted out Mask the Goods are landed. by Mark and Delivery can be obtained a
Optional Goods will be landed here unions Instructions have been
to: the contrary Biz Hours befo arreand of the Steamer.
Goods not cleared within 8 days in. sinding date of arrival. Will be subject to Rent
No Fire Insurance will be effected by da in any cawhatever, »
Damaged Packages must be left in the Godown for examination by the Conngnees, and the Company'a aurreyors, on Mondays and Thursdays, within the M RÁRIA Debanjat 10 am. Free Storage period.
Odasignees are specially notified that it is necessary for a Berenne Officer to be
e present at the axamination of daźnaged dutiable
All Claims "agurt, the Steamer must be presented to the Undersigned on ar Микото
30th gJune, 1934, or they will. not be recognised
No Claims will be adpritted/ after thể Goods have left the Godown. MACKINNON MNOKYEZIJ/&A
Agente A
Hong Kong, 10th 3 dílo, rada,
[2674
MAERSK LINE.
NOTICE TO CONSIGNEES.
THE M.V.
T
MAGRA”.
are hereby notified that their cargo baring arrived, from New York “und will be discharged into Holt's Wharf Ports of call, Consignees of Cargo. Kry Kowloon, where it will lie at Connghoroby notified this their Goods are nees' risk kad subjegn to barilet and soing landed sadni conditions of storage at Holts Wharf, this Hong Kong & The Carga will be ady for delivery
Godown Company's
- an innished peaction
Optional cargo will not be landed, the Goods are landad.
itted after the GoWna,Band -20
"Prior 001stcamper s'arrival buth sarriet | Gopia, have Jeffrther
port to the final part Goods remaining undaliwared after the Monday 18th sting" will be subject
om front Ph the option artkázik: “
of call to
All broken chafedrarhe goods are to be left in the where they will be examined „Tuesdays, and Fridaysžb
hours of 10.45 AM EMİCİ the free storage period.
No claims will be admi the Goods have left the Godown, and all Goods undelivered after the 11th be subject to unil »
All Ching against the SteendermaS
be presentedste the materi
or befrugihe 28th Jadey the
not be recognised
No Fire Insurance will,
BUTTERFIELD
All breken, azadeh und damaged Goods downs, whare:
Gary wil be exhauffed on Saturday, 16th
Forteyon
To comply with the General Bonded All arehouse Reg