N-D-L
FAR EAST EXPRESS
PASSENGER AND FREIGHT-SERVICE
EXPRESS STEAMER
Calling at
Naples, Marseilles, Barcelona, Southampton, R'dam, Bremen H'burg 1 8.S. POTSDAM
Sopt. 3rd | S.S. POTSDAM
S.3. SCHARNHORST „Nov. 31st
9.9. SAALE.
FREIGHT STEAMER
.Aug. 24th to Genoa, Marseilles,
...Dec. 26th
Casablanca,
Antwerp, Lisbon, R'dam., Hamborg
Bremen,
5.S NEOKAR....... Sept. 14th to Genoa, Marseilles, Harcelona, Oran,
S.S. Oder M.S. Trave
Casablanca, Rotterdam, Hamburg & Bremen.
ARRIVALS FROM EUROPE
...Sept. bth 8.8. Trier ......Sept. 13th 8.9. Donan
...Sept. 99th ...Oct. 17th
HONGKONG/SOUTH SEA ISLANDS SERVICE,
S.S. BREMERHAVEN 26th Aug. to Salamana, Lae, Rabaul, Tulagi, etc. SS. FRIDERUN
1st (ter, to Madang, Salamave, Rábaul šta.. Subject to Alteration without Notice.
For Passage and Freight apply to
NORDDEUTSCHER LLOYD BREMEN
Agents; s
MELCHERS & CO.
Queen's Buliding, Chater Rd.
Telephone 26378!
CANTON AGENTS: JEBSEN & CO.. Shamean. B. C.
HAMBURG-AMERIKA LINIE
Far Eastern Mail, Passenger and Freight Service
Through buskings to America via Europe and Europe via America. Bookings around the world. - Through bookings to London.
OUTWARD SAILINGS
m.y." ERMLAND" „for Shanghai, Moji, Kobe,
· * m.y." RAMSES "
Oka, Yokohama, Tako, Dairen, Tsingtan.....
1st Sept. m.v. "RHEINLAND" for Shanghai, Taku, Dairen, Kobe, Osaka, Yokohama,
13th Sept. for hanghai, Yhama.. Kobe,
Osaka,
Dairen, Tako, Tsingtau......
4th Oct.
HOMEWARD SAILINGS
† m.y *RHEIN"......... for Genoa, Mles, Antwerp,
B'dam, Hamburg...
15th để For Genoa, Antwerp,
R'dam., 'bury
2nd Sept. Antwerp, Rotterism, 'burg......
.... 2nd Oct.
.v. "RUBR".
m.v. ERMLAND "...for Genoa, M'lles,
+ Passenger Vessel. Limited Passenger Accommodation.
For further particulars and passage fares, etc. apply to: HAMBURG-AMERIKA LINIE
JEBSEN & CO., AGENTS,
12, Pedder Street, Tel. 28363,
GANTUN AGENTS:
CARLOWITZ & CO., Shakee Road.
FOREIGN TRADE RETURNS
German Export Surplus
(Special to the "Hong Kong Dayy Press" (Copyright).]
Berlin, Aug. 15. "A substantial export surplus of 28 million marks was revealed by
'the foreign trade returns for the
feature being the increase of both Imports and exports, the improvė- ment of the latter being, however, proportionately greater than the former.
marks.
BERLIN BOURSE
॥३
[Special to the "Hong Kong Daily
Presi" (Copyright).] -
Berlin, Aug. 15. The tendency again is firm. operators rather than public creat- ing a demand, while a certain sec- tion of the market is showing a marked increase in the turnover.
Fixed interest securities are dull, many stocks closing a shade lower than on Wednesday. Gall money at 21 to 3- Transocean Bug Min
rency
HONG KONG DAILY PRESS, SATURDAY, AUGUST 17, 1935.
THE EXCHANGE
MARKET
33
MESSRS. ROZA BROS
Silver prices were again lowered yesterday to the extent of 3/16 for Ready.and 1/4 for Forward, the quotations being 28 and 28 15/16. respectively. Silver advices report- ed India and speculators as hay- ing sold. America bought. The market closed steady.
LONDON EXCHANGE RATES
Milan
Shanghal
New York Amsterdam Vienna Prague Bucharest
516
(BRITISH WIRELESS SERVICE)
Aug. 14
Paris
75.1/64
Aug. 15 75.1/84
Geneva
15.20
15.201
Berlin
12.31
12.33
Athens
618
60.7/16
60.15/32
1/5)
1/51
·4.983/16
4.98
7.34
7.344
26
28
119.9/16
119
675
36.7/32
825 36.7/32
Lisbon
1101
110
Hong Kong
1/11.9/18
1/111
Brussels
29.48
29.44)
391
301
116
216
4.99
4.981
1/2.5/32
Helsingfors
2361
2207
Rio
44
43.
the
Buenos Aires Bilver (Spot
15
15
29.3/16
Silver (förward) War Loan
29.3416
1061
In America the rate was lower at 65 for spot.
་
York CROSS-
The London/New rate was unchanged at 4981 and the New York/London rate drop- ped 1/8 to 4981-
Market
Steady, but quiet.
Sterling
Business was done during course of the morning at 2/0 for neer and 2/0 1/16 for second half or September/October. Later the market eased off slightly and business was done at 2/0 for Octo- ber, 1711 15/16 for cash and Sep- tember and also 1/113 for August. The market closed at 1 p.m. with sellers at 1/11 for August and 1/11 15/18 for second half of Sep- tember/October. buyers at 1/11 15/16 for near and September and 2/0 for October.
U.S. Dollars
Business was done at 49 9/16 and subsequently 491 for Septem- ber delivery. There were sellers at 49 9/16 for August and probably 491 for September, buyers at 49 for cash and 49 11/16 for second half of September and probably October. Some business was also reported during the course of the morning at 481 for October de- livery.
Shanghai Dollars
Sellers were quoted at 1344 «for cash.
Shanghai Market Opened with sellers at 1/57 with business reported as high as 1/4 1/16 for splot.. The market closed at noon with sellers at 1/5 for spot. Slightly easier. U.S. Dollars opened with sellers at 37 1/16 with business done at 37 7/16 for spot. The market closed
easier with sellers offering only 36 13/16" for spot.
IN THE AFTERNOON
The market was very quiet the afternoon.
Sterling
1
In Sterling business was done at 2/0 1/16 for September, second hal of September and October finishing with sellers at 2/0 for August/September, and 2/0 1/16 for October, buyers at 2/0 1/16 for August/second half of Septem- ber and 2/0 for second half of October/November.
U.S. DollarS Business was done at 493 for September delivery. The market closed with sellers at 49 13/16 for August/September, buyers at 497 for near and probably September.
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS
Madrid
Montevideo
'Belgrade
Montreal
Yokohama
On LONDON:-
Closing Quotations
August 16, 1933
Bank Bills, on demand Telegraphic Transfer...
Bank Bills, 4 months'
sight
Credits four months'
sight
ON SINGAPORE :-
On JAPAN
ON NEW YORK:---
1/2.3/16
29 28.15/15 1081
Bank Bills, on demand 484. ON MATA.0.
Credits, 60 days' sight. 504
On demand.......... ON PARIS:-
Bank Bills, on demand Credits. 4 month's sight 7+0, ON SALOON -
On demand
21
ON SHANGHAI:--
On Demand
2018
731
ON MANILA-
On demand
NA
. On demand
974
ON BANGKOK :-
On demand
1653
On demand
918
SOVEREIGNS Bank Buying
Telegraphic Transfer... Bank, on demand.
Bato
2/2
203
BAR SILVER, per oz.
FOREIGN CURRENCY
ON INDIA:-
DISTURBANCES
Policy Of Economy
Special Air Mall Service)
London, July 29.
- Italian action in reducing the gold cover for the ra synchronises with the difficulties of the Dutch Government in its campaign for economy. Both movements have importance for this country, for London is the world's financial centre." In Holland the future of the zuilder
the and
question whether that country cân "con- tinue to maintain the Gold Stand- ard turns on the fate of the Gov- ernment, which has postponed un- ti to-day Its decision whether to resign or to ask for a General Election. Dr. Collin, the Prime Minister, has up to now falled to
find the necessary support for his. policy of economy combined with a cut in the interest upon certain. Goverment securities. The with "drawal of the Roman Catholic vote leaves him without a majority. Whether his opponents have suff- cient unity to form a Government, or boldness enough to abandon gold, is doubtful. Holland is con- fronted with the dilemma that re- "cently faced France, and the pre- sent expectation is that she will decide, as has France, for the economies necessary, to balance the Budget rather than for the perils of devaluation.
LIJ
H.K. SHAREBROKERS'
ASSOCIATION
BUYERS
Douglases, $35.
Steamboats. $3. Antamoks, 78 cts. Bagulo Gold, 241 cts. Beng Consolidated. $12. Beng Exploration, 12 eta Big Wedge, 104 cts. Salacots, 13 cts. United Paracales, 32 ïts. Raubs. $74. Hotels, $31.
Lands, $284 CD. "Providents.. (old), 55' cta.
H.K. Docks, $71. Star Ferries, $77. Yaumati Ferries, $17. Electrics, $59. Telephones. (old), $20,20. Canton Ices, $14. Ropes, $1.80.
Dairy Farms, $15. Constructions (old)."$1.10. Sinceres. $5. Watsons, $3.15. Vibro Pilir, $21.
REICHSMARK QUOTA-
TIONS
Special to the "Hong Kong Dally
Press" (Copyright).3
Berlin, Aug. 15. Reichsmark quotations (without guarantee} :
New York. Paris
Amsterdam. London
BANK RATE RAISED A loss of £7,000,000 of gold yesterday was accompanied by the raising or the Netherlands Bank rate to per cent. The latter is precautionary measure. The Dutch banking system is strong, Business on the Exchange dur- the country has large reserves of Transocean Kuo Mim been better than has been the certainly show no sign of un- ing the week ander review has "gold, and the Dutch stock markets case of late, the slump ta ex-easiness about
a
scrip. There has also been quite lan position
the immediate
Paris Sterling Dollar. Unquoted.
PRESIDENT LINER TRAVEL SERVICE
Costs You Nothing
Dollar Steamship Lines and American Mail Line offices and agents all over the world are there to serve you in whateve way you may requiem! When you make your next hip is Europe or America, or up är down the China Coast, plam to use this friendly, complete service. It is absolutely freel
To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 DĒJS. via Shanghai, Fobe, vis' Shanghai, Kobe. Yokohama, Honolulu
Fortnightly mallinga- Pros. Lincoln.... Aug. 19, 6 a.m. Free, HooverSept. 7, 6 am. Pres. Cleveland... Eept. 25, 6 a.m. Pres. Coolidge..... Och 5,8 am, Pres, Taft......... Oct. 23, 6 a..
EUROPE, NEW YORK
Inquire for round-trip tickets to Europe la cancution, with Jalord Triestino. Via Manila, Singapore, Penang, Colombo Bombay, Suez Canal Alexandria, Naples, Gmos, Marseilles.
#
Pres. Hayes. Aug. 31,8am. Pres. Johnson Sept. 14, 8 am, Pres. Monroe... Sept. 28, 8 am, Pres. Van Buren. Oct. 12, 9 am. Pres. Garfield...Eopt. 25, 8 am.
Yokohama
Fortnightly calling
Pres. McKinley Aug. 20, M'nighti Pres Grant... Shpt 18, Mhight Pres, Jefferson.. Sept. 9, 1 as. Pres. Jackson. Oct. 11. night Pres. McKinley. ! ch.96, 1 a.m.
MANILA
THE MOST FREQUENT SERVICE
Next Sailings » Pres. Lincoln. Aug. 20, 6 p.m. Pres. McKinley...Aug. 24, 6 pm. Prea, Hoorer ...Aug. 29, p.m. Pres. Hayes...Aug. 31, 8 am. Pres. Grant ..Aept. 7,6 p.m.
BÖLLAR STEAMSHIP LINES AKERICAN MAIL LINE
PEDDER BUILDING-HONG KONG.
CANTON BRANCH :—4, RHAKRE MOAD,
CONSIGNEE NOTICES.“
CONSIGNEES' NOTICE.
„THE BEN LINE STBAMERS.
LIMITED.
FROM LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.
THE Steamship THE
"BENAVON."
ONSIGNERS of Cargo are hereby informed that all Goods are being landed at their risk into the hazardous and/or extra bazardous Godowns of the Hong Kong and Kowloon Wharf and Godown Co., Ltd. whence and/or from the wharves Delivery may be obtained. No Claims will be admitted after the
Goods have left the Godowns, and Goods remaining undelivered after the 23rd Aug, 193ll be subject to Bent All Claims against the Steamer must be presented to the Undersigned on or before the 6th Sept., 1835, or they will not be recognized.
To comply with the General Bonded Warehouse Regulations, consignees must bare a Berence Officer in attendance when damaged dutiable goods me examined,
All broken, chafed and damaged Goods are to be left in the Godowns, where they will be examined on the 22nd Aug, 1935, at 10 am. by Messrs. Goddard & Douglas,
:
by
No Fire Inturanos has been effected, Bill of Lading will be countersigned "GIBB, LIVINGSTON & CO., LTD.,
Agenta Elong Kong, 16th Aug., 1935. [3748
40.45 .800.77 59.58
12.32
2
75.06
SERVICES.CONTRACTUELS DES MESSAGERIES MARITIMES.
CONSIGNED NOTICE.
5.8, "CHENONOBAUX"
BEINGING CARGO From MARSEILLES
ONSIGNEES are hereby informed
CONSIGNEE NOTICES,
NOTICE TO CONSIGNEES.
QURAN STEAM SHIP CO., LTD.
AMY
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
CONSIGNEES per Co.'s-Vessel
"PATROOLUS "
FROM UNITED KINGDOM VIA SINGAPORE.
are hereby notified that their cargo will be discharged into Holt's Whare Kowloon, where it will lie at Consig nees' risk and subject to terme and The Ca go will be ready for delivery conditions of storage at Holt's Wharf. from Godown on and after 16th Aug.
Optional cargo will not be landed here, unless notice as been given prior to steamer's arrival but carried on from port to port to the final port of call to which the option extenda
All broken. chafed, and damaged goods are to be left in the Godowna, where they will be examined on sBy Tuesdays and Fridays between the hours of 10.45 AM. and Noor withia the free storage period.
No claims will be admitted after the Goods have left the steamer's, Godown, and all Goods remaining undelivered after the 23rd Aus, will be subject to rent
All Claims against the Steamer must, or before the 8th St, 1935, or they be presented the undersigned on, will not be recognised.
No Fire Insurance will be effected BUTTERFIELD & SWIHE
Agent
13749
16th August, 1935.
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO, LTD. OHINA MUTUAL STEAM NAVIGATION 00, LTD.
CONSIGNEER
ONSIGNEES per Con Vessel "TYNDALEUS"
change being responsible for the future. I the Government retains stantial, revival of international.
FROM SEATTLE, VANCOUVER, very strong demand for the two office it will do so with the deter trade. They are disturbing to
AND VICTORIA VIA JAPAN leading sterling stocks,
which mination to keep the guilder on London in scarcely less degree
are requested to take Delivary of Flour however did not result in large gold by whatever measures of than they are to the countries im-
and Lumber Shipments as soon as the month of July, the most gratifying SINGAPORE RAW RUBBER business, owing to scarcity of economy. are necessary." The Ita-mediately concerned. The last
Vessel is ready to discharge and are hereby notified that if their Lighteż are dimera materially thing that the City destres is fin- a fair demand for other stocks, from the Dutch. Reduction of the ancial crises abroad, and at the
not placed alongside the Vessel se Laten Singapore Prices
required, their Shipments will be dis- mostly in the Public Utility sect-gold, cover for the currency is a present time the Exchange Stabi-
charged into Holt's Wharf, Kowloon, at BENJAMIN & POTTA
ion, but the changes in quotations consequence at the necessity of lisation Fund is being actively used
their expense, where the Cargo will Mess. Benjamin and Potts hav
were not very extensive.
meeting debts contracted abroad to smooth out #uctuations. It is
lie also at their risk and expense and In June 1935, the imports and
With so many stocks yielding owing to the large imports of desirable to say this because the
subject to the Terms and Conditions of exports balanced exactly, while in received the following Straits cur-
quotations (buyers) from good returns, better than for some munitions" of every Kind. Those idea that Great Britain has a sel- that their goods with the exception
commence Discharge on the 16th Aug. Storage at Holt's Wharf Steamer will July 1934 it showed an excess of
time past, it is surprising that debts are likely to increase largely fish interest in the trials that be of Opium, Treasure and Valuables are imports over exports by 42 million Singapore yesterday for. Raw
local investors do not come for in the next few months, for. as set the gold bloe countries ands being landed & stared into the godowns at Consignees risk and subject to the General Cargo will be discharged into Holt's Wharf, Kowloon, where it will in our City Editor has said, "a badly too frequent expression abroad.of the Hong Kong Kowloon Wharf and Terms and Conditions of Storro unbalanced Budget will not be im- Nothing could be less true. The Godown Co., Lu, Kowloon, hence Holt's Wharf. The Cargo will be ready proved by the huge cost of the recent action of the Bank of Eng-delivers may be obtained immediately for Delivery from the Godown on and Abyssinia adventure.” Italy · re- | land in discouraging forward after landing og
All Claims must be sent in to me on
after 18th Aug. mains nominally on gold, and will speculations in gold, is an out- or before the 21st Aug, 1935, or they probably do her best to defend the standing example of the anxiety will not be recognized." lira in the exchange market, but that the City has shown to help Damaged Packager will be examined circumstances may prove too the gold countries. Any situation by the company Sarveyors, Mesir strung. Her position is far more that entises wide fluctuations in Goddard & Douglas in the presence of precarious than that of Holland currency is a disadvantage to Bri- 18th Aug 19 kwenye the Consignees at 11.00 am. on Friday. and must be fore some time the fish trade and an embarrassment Consignees must have main cause of anxiety among the to British banking Interests, It Offer in attendance when any datiable „countries of the gold
puts farther ahend the time when goods are examined by the Compad the exchange of goods between the
Insurance will be closind by nations can be carried in with certainty regarding payment with-
The exports in July 1935 were 359 million marks as against 318 in June 1935, and 321 in July 1934. The increase of importa in July 1935 as compared with June 1935 was 4 per cent, whereas the in- crease of exports in the period shows, an" advance of 12.9 per cent.
same
The very satisfactory feature in imports is rawstuffs cleared, which increased from 209,2 millions - marks in June 1936 to 212,4 mil- llons in July 1935 this indicates the growing intensification of in- dustrial activity—: Transuzcan Euò"Min."
Rubber:--
Spot September
Oct./Dec.
Jan./Mar,
Market-Quiet.
19 cts up ct. 19 cts. up ct. 201 cta. upi ct. 21 cta. up
MESSES, JOSEPH & CO.
Messrs. H. B, Joseph & Co. re- ceived the following Straits Cur- rency Quotations from Bingapore for Raw Rubber
Buyers
Sellers Spot M
́191 up i 191 Qet./Dec. 201 up. 201 Jan./Mar. 21 up i 214 Apr./June 211 up i 221 Market Uncertain.
ward to buy more extensively.
BUSINESS DONE DURING
THE WEEK- Canton Insurances, $185, Hongkong. Fires, $180. Providents (old), 55cts. Hotels, $31. Lands, $228
Humphreys, $71, $71- Tramways, $12.65, $127. China Lights, $1.
Electrics, $59, $591, #50),
$581 Telephones (old), $20.35, Antamoks, 79), eta,
Gold Rivers, 61 ̋cts., Tets,
Govt. 4% Loan, 64% Prem.
$50,
FINANCIAL CRIMES
PHOTOS ABROAD
Happenings such as these post
pone alike the prospects of fur-out which trade remains small in rency stabilisation and any sub- volume, and speculative
U
in any ddie whatever.
ONL
Tinne
the
Period,
All broken, chafed, and damaged Goods are to be left is the Godowns, fore they be examined on say Tuesdays and days between the boom of 10,15 Now within the Fine Storage No Claims will be dating C nil Gangal Cargo remaining undelivered Goods har haft Vongola Godown, and
All Claims against the Vomba) mun after 32nd Augu will be subject to Rend. be presented to the Undersigned en before the 5th Bepi, 1836, or they set, be retognised.
BUTTERFIELD SWIEN
0th August, 1985,7 [97801 16th Augun, 1985;