N.D.L
FAR EAST EXPRESS
PASSENGER AND FREIGHT-SERVICE
EXPRESS STEAMER
Calling at
Genoa, Marseilles, Barcelona, Southampton, R'dam., Bremen & R'burg. S.8. SCHARN HORST „Nov, £2nd 8.8. GNEISENAU ...Fob. flat 88. POTSDAM
...Dec. 7th
8.8. SCHARNHORST „Mar. 97th ...Jan. 25th | 8.8. POTSDAM... ...A-r. 34th FREIGHT STEAMER
8.S. STUTTGART..
11
8.9.NECKAR... Sept. 17th to Genoa, Marseilles, Earcelona, Oran, Casablanca, Rotterdam, Hamburg & Bremen.
8.8. ODER
M.S. Trave S.8. Trier
...Oct. 4th to Marseilles, Barcelona, Oran, Cas-
ablanca, B'dam., H'burg. & Bremen.
ARRIVALS FROM EUROPE
Sept, 13th ...Sept. 29th
5.8. Havel S.8. Docau
...Oct. 17th ...Oct. 31st
HONGKONG/SOUTH SEA ISLANDS SERVICE. · S.S. FRIDERUN1st Oct, to Madang, Salamaua,“Rabaul etc. 8.S. BREMERHAVEN..25th Oct, to Kavieng, Rabaal, Tulagi, etc.
Subject to Alteration without Notice.
For Pabrage and Freight apply to:
NORDDEUTSCHER LLOYD BREMEN
Agente:
MELCHERS
Queen's Buliding, Chater Rd,
& CO.
Telephone 26978.
CANTON AGENTS: JEBSEN & CO., Shameen. B. C.
HONG KONG DAILY PRESS, TUESDAY, SEPTEMBER 10, 1935.
BAL JAVA
MAPR
Un Bome leave why not visit BALI & JAVA——
the Isles of Romance and Beauty. Through fares to Europe by steamer all the → way or by steater and Aeroplane combined Special reduced round trip fares. Through
fares to Australia and South Africs.
TO BATAVIA DIRECT" 8.S. "TJISALAK " 10th September, 11 a..
TO MANILA, MAKASSAR, BALI & SOERABÄIA M.S. "TJISADANE "
17th September, 10 u.m.
TO AMOY & SHANGHAI M.S. "TJINEGARA "
18th September.
May to September Special Reduced
Summer Round-Trip Fare Hongkong/Batavia / Hongkong.
H.K.$250.
For further information apply: Thos. Cook & Son, Ltd.
American Express Co., Inc.
American Lloyd.
Holland-China Trading Co., Cauto.. China Travel Service, Hong kong
& Canton
JAVA-CHINA-JAPAN LINE.
Lork Building.
Tel. 26015.
C.J.L
MINE
MAERSK LINE
Fast regular FREIGHT and PASSENGER SERVICE
via
Shanghai, and Japan
to
LOS ANGELES, PANAMA, NEW YORK, BOSTON
PHILADELPHIA & BALTIMORE. “
If sufficient inducement offers also other porta of call.
Arrivals from U.S.A.
24th Sept
4th Oct.
י
M.V. "NORA MAERSK”-
...M.V. "OHASTINE MAERSK"
MV. "FERNWOOD”.
Sailings to U.S.A.
16th Sept.
(All dates are subject to alteration without notice.)
EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE RATES,:"
For Freight and Passage please apply —
JEBSEN & CO.
Canton, Shamson, B.C.. Tel 10916,
Agents.
Hong Kong, Faddir. Building
Tel. 23368.
H. K. STOCK® EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS... ·
The market remains in a lethar- gic condition with very little busi- ness passing.
BUYERS
Hong Kong Banks, $1040. Union Insurances, $972). Ewo Cottons, Sh. $51. Govt. 4% Loan, 64% Prem. Govt. 31% Loan.,2% Prem,
SELLERS
HK. Fire Insurances, $185. Hotels, $3.40.
Peak Trams (new), $51 Electrics, $55.
Telephones (old), $20, Telephones (new), $8.20.
SALES
8
Union Insurances; $375. Hong Kong Trams. $11.20/11).
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
LONDON EXCHANGE RATES
Paris
Geneva
Berlin
Athens
Milan
Shanghai
New York Amsterdam
Vienna
Prague
Bucharest
(BRITISH WIRELESS SERVICE)
September 5 75-1/ 10. 15.191
September 7 74 52/64
15.181
12.29
517 S.
601"
1/5 15/38 6.944
7.911.
119 9/18
12.25
513 S.
.1/6 3/32
4.927
7.291
119 3/16
625 8.
Madrid
36 3/16
39 $.0.
Lisbon
Hong Kong
2/0
Brussels
29.44
2/ 5/32 29.33
Montevideo
391
Belgrade
Montreal
4.951
4.843
Yokohama
"Helsingfors
Rio
Buenos Aires
Silver (Spot
Bllver (forward),
War Loan
On LONDON:
1J
PRESIDENT Liners
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
FIRST CLASS
SPECIAL SUMMER ROUND TRIP FARES
HONG KONG TO:
KOBE and RETURN
29 1/16
291
29
291
via Shanghai
··3% 1051
Closing Quotations
September 9, 1835,
Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months'
Bight
Credits. four months'
sight
ON SHANGHAI:-
On Demand ON SINGAPORE: On demand
3
ON NEW YORK:-
Bank Bille, on demand 4· Credits, 60 days' sight. 51
LION BATATIÁ :---
On demand
ON PARIB:-
Bank Bills, on demand 7491 Credits, & month's sight 789)
ON SALOON :—
211
:39
On demand
74
ON MANILA:-
"41
Un demand
... 98
169
On demandi
......... 93;
SOVEREIGNS Bank Buying
Telegraphic Transfer... 11311. Bank, on demand..........
2/4
BAR SILVER, per oz.
ရန်
Silver prices rose 1/16 over the week-end for both deliveries, the quotations being 291 for Ready and Forward, Advices reported | On. JAPAN :—- Chinese and Indian purchases. Speculators and China sold. The ON INDIA:- market was steady.
In America the rate
changed at 65) for spot.
7
Was in-
The London-New York Cross- rate was lower at 492 and the New York/London was also lower at 4921.
Market
Opened steady but later eased off slightly.
Sterling
Business was done shortly after the opening at 2/03/18 for near delivery followed by transactions. at the same rate for November. Later offers at 2/01 were accepted for cash, October and November nishing at 1 pm. with sellers at 2/0 1/18 for September/October and 2/0 for November/December, buyers at 1/18 higher respectively.
E.S. Dollars
Business was done during the course of the morning at 494 for near and October. The market closed at 1 p.m. with sellers at 49 7/18 for September/October and probably 49 for November, buyers at 19 for September/October and 40 9/18 for November.
Shanghai Dollars Sellers were quoted at 132) for near delivery.
:
On demand
CANTON SILK MARKET
The Kwangtung Raw Silk Test- ing Bureau, Department of Recon- struction, Cantan, China reports the following:-
Canton Quotationa
September 6. Extra 06. 13/15 HK. $410N. Small Extra 0.8 13/15 H.K.
--Spot
$390N.
Crack NS, 14/16 E.K. $310N. " Extra Extra 20/22 FLK, $300N, Waste N.B. Open HK. $8ON.
Yokohama Quotations
September 7.
Opening Yen 800 Bourse 6 months Yen 730
New York Quotations ·
September 8.
Bid Ark September
1.78 1.781 December
1.68 1,68 March
1.66 1.87 New York Quotations are 'ob- tained through Courtesy of Messrs. Swan. Culbertson & Fritz.
Shanghal Market Opened with sellers at 1/6 3/16 and then eased off to 1/8 1/16. SINGAPORE RAW RUBBER The market closed at noon with sellers at 1/61 for cash. U.S. Dol- lars-opened with sellers at 37 5/16 and then dropped to 371, The market closed with sellers at 37 3/18 for spot. Steady.
Latest Singapore Price
1
BENJAMIN & POTTS Messrs. Benjamin and Potts have received the following Straits cur- AT THE AFTERNOON
rency quotations (buyers) from The market was steadier in the Singapore yesterday for Raw afternoon.
Rubber:-
Spot
18) cts. up ł ct. Oct./Dec. 191 cts, up ct. Jan./Mar. 197 cts. up & ctu Apr./June 201 cts. up. ct. Market-Dull.
Sterling Business was done at 2/0 for near delivery and 2/0 3/16 for November finishing with sellers at 2/01 for September/December, buyers at 2/0 3/16 for September/ November and probably Decem
ber.
U.S. Dollars
The market closed with sellers at 491 for September/October. boyers at 49 9/16 for September/ October.
H.K.
SHAREBROKERS' ASSOCIATION
BUYERS
(Douglases, $35,
Steamboats, $3]. · Baguio Gold, 23 ctp. Big Wedge, si cts. Gold Rivers, či ets, Salacots, 18 cts. United Paracales, 32 ctá. Ewos, $5.70.. Lights, $8. Canton Ices, $1 Ropes, $1.90. Govt.. Loan 4%, 6%. Govt. Loan 3%, 2%.
SELLERS
· Baguio Gold, 24-cta, Gold Rivers, 6k eta, Raubs, $11.
Hotels, $3.30. Telephones (old), $20. Ropes, $2.
SALES Humphreys, $7. Lights, $8.05.
HL B. JOSEPH & Co Messrs H. B. Joseph & Co. re- seived the following Straits Cur- rency Quotations from Singapore for Raw Rubber
Buyers Sellers .18 Un. 19 Spot Oct./Dec. 19 up 101 Jan./Maren 191 up i 201
20% up t Apr./June
.201 Market-Duii.
+
MALAYA'S TRADE IN JULY
ON BANGKOK:--
Rate
BRITISH STEEL INDUSTRY Prosperity Hopes
A great impetus to the further prosperity of the British steel in- dustry is likely to follow the sign- ing, in London, of the agnement between the British Iron and Steel Federation and
YOKOHAMA and RETURN
HK$225.00
via Shanghai-Kobe-Nagoya-Shimidzu HK$255.00- For sailings from Hong Kong June 1st to
September 30th.
#
Good for Three months-Final return limit October
31st.
DOLLAR AMERICAN
STEAMSHIP LINES MAIL LINE
FEDDER. BUILDING—HONG KONG.
CANTON BRANOH:—4, SUAKXX ROAD,
CONSIGNEE NOTICES.
NOTICE TO CONSIGNEES.
OCEAN STEAM SHIP CO, LTD.
AND CHINA MUTUAL · STEAM · NAVIGATION CO., LTD.
the International C02
Steel Cartel It will:
Zimit Iron and steel imports in' the United Kingdom from Cartel countries to 670,000 tons in the first year and 525,000 tons in each subsequent year-compared
YONSIGNEES per Co's Vessel
IXION"
FROM SEATTLE, VANCOUVER AND VICTORIA VIA JAPAN are requested to take Delivery of Flour and Lumber Shipments as soon as the Vessel is ready to discharge and are
CONSIGNEE NOTICES.
HAMBURG-AMERIKA LINIE.
NOTICE TO CONSIGVEPS.
BE M.V.
TH
* ERMLAND " having arrived, from Hamburg and Porta of call, Consignees of Cargo are hereby notified that their Goods are being landed and placed at their risk into the Hong Kong and Kowloon Wharf and Godown Company's godowns At Kowloon, whers delivery may be
with 2,800,000 tons in 1931 and hereby.notified that if their Lighters are obtained as soon as the Goods are landed
1,500,000 tons last year;
Enable the British steel in- dustry to provide direct employ-
not placed alongside the Tessel required, their Shipments will be dis charged into Holt's Wharf, Kowloon, at their expense, where the Cargo will ment for 40,000 men and indir-subject to the Terms and Conditions of lie also at their risk and expense and ect employment for thousands more, including 10,000 miners. The agreement takes effect on Aug. 8, the day after the provision. al agreement, entered into on May expires. It will run for Ave years, with an optional break after three years,
All the European steel producing countries-France, Germany, Bel- gum, Poland and Luxembourg are members of the steel Cartel."
SPUE TO RECOVERY A Correspondent writes: More Important than the substantial re- duction of the British steel im-
Storage at Holt's Wharf. Steamer will commence Discharge on the 8th Sept.
General Cargo will be discharged into Helt's Wharf, Kowloon, where it will lie at Contiguoer risk and subject to the Holt's Wharf, The Cargo will be ready Terma
and Conditions of "Bioge at
for Delivery from the Godown on and after 9th Sept
Optional Cargo will not be landed. bore, unless Notice has been given 48 hours prior to vessel's arrival, but carried call to which the option extende on from port to port to the final port of
No Claims will be admitted after the Goods have left the Godowna, and all. loods remaining undelivered after the 16th Sept. 1935, will be subject to Rent.
All broken, shafed, and damaged Goods are to be left in the Godowns, where they will be examined on 14th Sept., 1936, at 10 am, by xx Surveyor, Mosers. Goddard & Douglas To comply with the General Bonded Warehouse Regulations, consignees mu ei have a Revenue Officer in attendance when damaged dutiable goods are examined.
All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10.45, and Noor within the Free Storage period. No Claims will be admitted after the Goods have left the Vessel's Godown, and
All claims must reach us before all General Cargo remaining, undelivered the 9th Oct. 1986, or they will, after 18th Sept,, will be subject to Bant. not be recognized.
All Claims against the Vessel must
No Insurance will be affected. be presented to the Undersigned on or
Bills of Lading will be countersigned by before the 20th Sept., 1035, or they will:
JEBSEN & 00. not be recognized,
Agents. Hong Kong, 9th Sept., 1996.
ports secured by the agreement is its effect in regulating competition In world markets. By the export provisions, it would appear that the prices of iron and steel products in those markets will be stabilised at 9th September, 193′′. least at an economic level.
If such a degree of stabilisation can be brought about in all the fron and steel producing countries in the Cartel a focus of economic stability will be established which may have a far-reaching influence in restoring confidence on which alone a revival of international trade can be based.
No Fire Insurance will be effected.-
BUTTERFIELD & SWIRE,
Aprouts.
[3795
NOTICE TO CONSIGNEES.
ARD
JOBAN STEAM SHIP 00, LTD CHINA MUTUAL STEAM NAVIGATION CO., LTD.
·ONSIGNEES por Co.'s Vossel " ACHILLES " FROM UNITED KINGDOM COTIA SINGAPORE,
There is, therefore, ground for hope that some measure of the success of the British Iron and Seel Federation in reorganising the British Industry will attend the efforts of the member coun- are hereby notified that their cargo tries of the Carie), and particular-will be discharged into Holt's Whare ly those which are largely depen- Kowloon, where it will lie at Consig
risk and subject to terms and dent on their export markets. conditions of storage at Helt's Wharf. In the past they have too often The Cargo will be ready for delivery been driven by unregulated com- from Godown on and after 95b Sept petition to depress prices to a de-
Optional cargo will not be landed gree involving their industries in here unless notice has been given seonomic dificulties.
prior to steamer's arrival but carried Further, on from port to port to the final port this price depression, by creating of call to which the option extanda. purts, as compared with last June, a falling price level in world mar-All broken, chafed, and damaged
Smaller imports of motor spirit kets for iron and steel products, and rubber accounted for the destroyed confidence and, there greater part of the falling off as fore, demand. compared with a year ago. On the
Singapore, Sept. 4. During July in Malaya there was a decrease of $6,328,137 in imports and of $3,353,658 in exports, as compared with July, 1934; and a decrease of $1,936,979 in imports, and an increase of $396,313 in ex-
month cigarettes, coal, kerosene the values of exports of pineapples, and opium also showed small fish piece goods, gunnies and declines.
www.motor spirit.
goods are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10.45 AM, and Noom within the free storage period.
4
[8703
SERVICES CONTRACTUELS DES MESSAGERIES KARITIMES.
CONSIGNEE NOTICE.
8.8. "ATHOS II"
BRINGING CARGO From MARSEILLES
that their goods with the exception YONSIGNEES" are hereby informed
of Opium, Treasure and Valuables are of the Hong Kong Kowloon Wharf und being landed stored into the godowas Godown Co., Ltd, Kowloon, whence delivery may be obtained immediately after landing g
or before the 17th Sept, 1935, or they All Claims must be sent in to me es will not be recognised.
Damaged Pankages will be examined by the Company's Surveyors, Messr Goddard & Douglas in the presence of 13th Sept., 1935, the Consignees at 1.00 am, on Friday,
No claims will be admitted atter the Goods have left the steamers Consignees must have "Bevense Godown, and all Goods reinsining Officer in attendance when any datiable. This was partially offset by in- Suipments of copra, arteanuts undelivered after the 1th Sept will goods are examined by the Company creased imports of piece goods, coconut oil, paint off rice and tin All Olsime against the Stearner must. No Fire Insurance will be affected by
be subject to liquid fuel, rice and tin concen on the other hand, improved f bey presented to the undersigned on us case whatever. trates,
On The fall in exports as compared in the months, the comparative or adore this 30th Septs, 1936, or they in any co
ly small increase in sports will not be recognised
No Fire Thuroc will be cheated accounted for by ablyme of tinaw BUTTERFIELD & SWIRE ly accounted for by reduced rubber more than offsetting a loss of ship-1 shipments, in addition to falls in ments of motor spirit.
with a year ago was almost entire
9th September, 1938.
HA
Hong Kong, 012 September
13800