LLOYD TRIESTINO
FLOTTE RIUNITE LLOYD TRIESTINO-HANTIMA, ITALIANG-SITALAR
EXPRESS PASSENGER SERVICE
FAR-EAST-INDIA-ITALYE
SAILINGS 1935.[
For Shangbai
8.9. "CONTE VERDE"... 3rd Oct. 1.8, "CONTE ROSSO" 2nd Nov, ..." CONTE VERDE"...30th Nov, 8.8. "CONTE ROSSO"... 2nd Jan.
For Singapore, Colombo, Bombay, Suez, Port-Sald, Brindisi Venice,
(London by rail) & Trieste.
58.1" CONTE VERDE...11th Oct. .. "CONTE ROSSO)" 10th Nov. a.a. "CONTE VERDE... 8th Dec, 8.8. "CONTE ROSSD"...10th Jan,
For Full Particulars and Reservations of Accommodation Apply to:-
LLOYD TRIESTINO
Queen's Building, Ground Floor,
Tel. Add: LLOYDIANO"
Telephons 32081.
Agents in CANTON
P. O. Box 143.
DODWELL & CO., LTD., SHAMEEN,
M.V.
“NEPTUNA'
PASSENGER & FREIGHT SERVICE TO AUSTRALIA
Next Sailing 10th " OCTOBER
for Saigon, Manila, Sandakan, Rabaul, Salamana, Sydney & Melbourne.
First Class Fare to Sydney:
Apply to:-
Single: £47.10.0d.
Return: £70,
"
GIBB, LIVINGSTON & CO., LTD.
Agenta:
P. & O. Building.
STABILIZATION
OF EXCHANGES
Sir Josiah Stamp's View
(Special Air Mall Service)
London, Sept. U.
NEW SHIPPING SCHEDULE
We have been informed by the
Osaka Shasen Kaisha that
HONG KONG DAILY PRESS, WEDNESDAY, SEPTEMBER 25, 1935.
THE EXCHANGE MARKET
MESSKS. ROZA BROS
Silver prices were 1/16 higher yesterday for both deliveries, the quotations being 29 5/16 for Ready and Forward. Advices reported American purchases. Chinese sales. The market was steady.
In America that rate changed at 65 for spot.
was un-
The London/New York cross- rate was slightly lower at 4.91 7/16 and the New York/London rate was unchanged at 4.914.
Market
Opened with indications steadiness but later eased oft owing to some demand. Towards I p.m. the market re-acted and closed steady, '
Atarling Opened with sellers at 2/01 with small business done at 2/0 7/38 for near delivery. The market then eased off and offers at 2/01 and 2/0 3/16 were accepted for near delivery. At this stage, the market re-acted and 2/01 again arranged for near delivery, closing at lunch time with, sellers at 2/0 for September/December buyers at 1/16 higher.
U.S. DollarsS
was
To-
LONDON EXCHANGE RATES
Paris
Geneva Berlin
Athens
Man
(BRITISH WIRELESS SERVICE)
September 19.
74 51/64
Sept. 23. 74 37/84
12.24
12.21
60 11/32
Shanghai
1/61
1/61"
New York
4.921
4.914
Amsterdam
7.281
7.271
151
Vienna Prague
28
Bucharest Madrid Lisbon
1187
36 3/32
36
Hong Kong Brussels
2/1
24
29.20
20.08
Montevideo
Belgrade Montreal
Yokohama
Helsingfors Rio
Buenos Aires Silver (Spot Silver (forward) War Loan
39 11/16
4.961
4.981
1/2 1/16
2261
29 3/16 291
3% 103
29 5/16 29 5/16 34 1021
Closing Quotations
September 24, 1935,
Loynoy: Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months
sight
ON SHANGHAI: ---
Opened with sellers at 491, buy- ers bidding 43 15/16. The market then eased off and 49 13/16 was done for November delivery. wards 1 p.m. the market re-acted and business was done at 49 15/16 for near and forward, closing with sellers at 49 for near and forward and buyers at 49 15/16 for Sep-ON tember/November.
Shanghai Dollars Sellers were quoted at 138 for near delivery.
Shanghal Market Opened steady with sellers BL 1/8 5/16 but subsequently eased off to 1/8 3/16. The market clos- ed at noon with sellers at 1/64 for spot. US. Doliers-opened with sellers at 374 and closed at 37 5/16 for spot. The lowest rate recorded was 37 3/16 for spot.
IN THE AFTERNOON The market was dull In the afternoon.
Sterling
Business was done at 2/01 for near and forward finishing with Probable sellers at 2/0 for September/December, buyers "at
2/07/18.
U.S. Dollars Business was done at 49 15/16 for December delivery. The mar- ket closed with sellers at 401 for near and forward, buyers at 49 15/16 for September/December.
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL
" QUOTATIONS
On Demand
ON NEW YORK:-
Bank Bills, on demand 4'} Gredita, 60 days' sight. Bli ON BATAVIA
'On demand
ON PARIS:-~
Credits four months'
sight
2 སྒྲ
Bank Bills, on demand 780 Credits, 4 month's sight 795
ON SAIGON:-
31
On demand
743
ON MANILA:-
{
On demand
pe,
ON BANGKOK :—
11
On demand
A1
SOVEREIGNS Bank Buying
Rate
2/1
ON SINGAPORE:~
On demand
On JAPAN:
INDIA !--- - On demand
Telegraphic Transfer... 1133 Bank, on demand.........
CANTON SILK
MARKET
The Kwangtung Raw Silic Test- ng Bureau. Department of Recon- struction, Canton. China reports the following:-
Canton Quotations
September 21. Extra OS. 13/15 H.K. $410N Small Extra 0.8. 13/15 HK.
$390N.
"Crack N.S. 14 16 ECK. $350N.
Extra Extra 20/22 H.K. $320N. Waste NS. Open HK. $80N.
Spot
Yokohama Quotations
September 23.
Bourse 6 months...
Opening Yen 835 Yen 828
New York Quotations
September
December
March
September 20.
Bid ADK
1.84 1.86 1.731 1.74) 1.74 1.74 CLOSED-September 21.
New York Quotations are ob-
through
The market continues steady tained 25
Un-
from October 1, 1935, to March with little business passing. 31, 1936, their steamers
on
BUYERS
Union Insurances, $370.
Hotels, $3.10.
HK Lands. $231.
Courtesy
REICHSMARK QUOTA.
TIONS
BAR SILVER, për óz.
2/16
VESSELS DUE
Africa Mara, O.S.E., October 4. Ajax, B. & S., September 26. Annam, E.A. Co., October 8. Alauta Maru, N.Y.K., September 27. Bangalore," P. &, 0, October 30, Beawyvin, Gibb's, September 20. Bremerhaven, Melchers, October 18. Burdwan, P. & 0. October 11. Canton, Gilian's, October 3. Cathay, P. & O., Oct bar 3. Ceylon, Gilman's, October 22 Changte, B. & S., October 11. Chastine Haerak,. Jebsen's, October 1. City of Bristol, Bank Line, Oct. 11. City of Windsor, Bank Line, Oct. 3. Conie Ferdó, Lloyd Triestinn, Out. 3. Corfu, P. O., October 31: Corneville, Bank Line, October 21. Dioned, B. & B., October 1. Donau, Melchors'; October 31. Emp. of Canada, C.P.S. September 27. Exp. n Japan, C.P.S., October £5. Emp. of Russia, C.P.S., October 9. Ermland, Jebsen's, October 32. Fernwood, Jebsen's, October 11. Fridorus, Melchers', September 25 Fushimi Maru, N.Y.K., Sept. 28. General Lee, Statan & "Ch., October 11. Ginyo Maru, N.Y.K., September - 27", "Golden Dragon, States Co., Sept. 30.
Haining, Douglas', September 26. Harel, Melchers', October 17. Hector, B. & B., October 13. Hiram, Thoresen's, September 28. Irishank, Bank Line, October 25. Java, E.A. Co., October 5.
Hong Kong-Keelung run will be Electrics at $524 ex div.
the ions were booked at $375 and Messrs. Swan, Culbertson & Fritz sailing every Sunday at noon Instead of 3 p.m., while the vessels on the Canton-Takao ser- vice (fortnightly) will be sailing: at 10 am. instead of "at noon.
November,
From 20th September 'to 19th discount will be given to visitors,
1935,
a 10 per cent.
who are holding return-fare tic- to Formosa, during the Formosan Exhibitions,
There will be no sailing to Bunday, the 6th
Jeff Davis, States 8.S. Co.. October 19 Kinngehow, B. & S., September, 25. Malaya, E.A. Co., October 30, Marechal Jofits, Messagories', Oct.-G. Mezelaus, A. & S., October 1. Macsscheus, . & S., Detober 23. Moncalieri, Lloyd Triestino's, Oct. 10.
(Special to the "Hong Kong Dally Nagato Maru. N.Y.K, Sept. 28.
Press" (Copyright).]
A statement on the stabilization of exchanges and the trial of a new international gold standard "was made by Sir Josiah Stamp kets when addressing the delegates from 18 countries at the fifth inter- national congress of building B
cieties at Salzbury on Tuesday. Formosa
on
Examining the question he said: October, on account of the
An-
"It must be approached from nual Docking of as. "Canton three directions, not necessarily Maru" at Keelung. simultaneously. First, the ascer A part of schedule of the Hong tainment of parities between parti- Kong-Keelung Line, will be slight- 'cular great currencies, free from ly altered for the months of speculative elements or movements
October and November, therefore the date of departure from
of a capital nature, which will not
do injustice to particular groups Keelung will be on Tuesday and of exporters or importers. Second- ly, the de facto establishment of arriving here on Friday. such parities provisionally, with ample scope for correction and adjustment during a trial period. the volume of credit and upon the to have full measure of effect upon Thirdly, the closing up of the zone of exchange into narrower ranges,
level of prices and wages, other- wise it will fail as an equilibrating with experience, and the establish ment of longer periods of trial.
governor of the mechanism and wo This arrangement will demand shall repeat our sad. exporiences. rlose study by the central banks and monetary authorities acting
coine
л
H.K. Trams, $10. China Lights, $7.86. Electrics, (ex. div.), $52. Telephones (d), $18. Telephones (new), $84. Cements, $3. Govt. 31% Loan, 1% Prem
SELLERS Benguet Consolidated, $11. Langkats (single), Sh. $13. Electrics (ex. div.), $53. H.K. Ropes, $2.
SALES Banks of East Asia. $60. Union Insurances, $375. H.F. Landa, $3. H.K. Trams. $10.85. Electrics fex, dir.), $524/52.
וי
SINGAPORE RAW RUBBER
V
Laten Singapore Prices BENJAMIN & POTTK Messrs. Benjamin and Potts have
Rubber: Spot
18) cts, off i et. Oct./Dec. 19 cls. off † et, Jan,/Mar, 19 cts. offet. Apr./June 20 cts. offet. Market.-Dull.
1:
Berlin, Sept. 23, Quotations were
Reichmarks without guarantee.
New York Paris
Amsterdam
London
Paris Sterling Paris Dollar Transacion Rúo Min......
40.24 $1.0 59.4
12.23 74.67 15.1825
BERLIN SHARE MARKET
PRESIDENT LINERS
Pare LUXURY LINERO
with Roomy Decks, Outdoor Swimming Pool
13
Nothing that might help to make an ocean voyage most plosant has been overlooked on the President Liners. For your comfort, every stateroom is outside, large and airy. And for your recreation, you'll find spacious public rooms, broad decks for sports... and an outdoor swimming pool. Anyone who has ever traveled on a President Liner will agree: Dull moments aren't found on there popular ships.
To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days via Shanghai, Kobe, via Shanghai, Kobe. Yokohama, Honolulu
Fortnightly railings
Pres. Cleveland.Sept. 25, 11.30a.m. Pres. Coolidge... Oct. 5,6 a.m. Pros, Taft....... Del 23 fan. Pres. Roover.... Nov. Neru Pres. Pierce..
Nov, 20, 6 am.
EUROPE, NEW YORK
Engedre for round-trip tickets to Europe In conation with Lloyd Triestino. Via Manis, Singapore, Penang, Colombo Bombay, Suez Canal Alexandria, Naples, GADOR,
Marseillaa.
Pree Monroe... Sept, 28, 8 am. Pros. Van Buren.Oct. 19, 9 s.m. Prex Garfield...Sept 20, Ba.m. Pres. Polk... Nov. 9, Ham. Pres. Adams... Nov. 29, 8.
Yokohama
Fortnightly sailing
Pres. Jeferson.. Sept. 29, 7 a.m. Pres. Jackson. Oct. 11. M'night Pres. McKinley, ct. 26, 1 ar PIP's. Grant Nov. 9, a.m. Pres. Jefferson...Noy, 23, 1 am.
MANILA
THE MOST FREQUENT SERVICE
Next Sailings Pres. Coolidge Dept. 28, p. Pres. Monroe, bept. 28, s. Pres, Jackson... Uct. 5, 6 p.m. Pres. Van Buren..Oct., 8. Pres Taft...
Oct. 15, & p.m.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
FADDER BUILDING-BONG KONG,
CANTON, BRANCA —4, SHAKHE BOAD,
CONSIGNEE NOTICES.
PRINCE LINE.
NOTICE TO CONSIGNEES
FROM
NEW YORK AND LOS ANGELES
JAVANESE PRINCE!
HE Motor Vessel
CONSIGNEE NOTICES.
啡
SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.
CONSIGNEE NOTICE
8.8. "ANDRE LEBOY
BRINGING CARGO From MARSEILLES
having arrived from the above Porta on 23rd Sept. Consignees of Cargo are being landed at their risk into the Go-that their gode with the exception hereby informed that their oods are
"YONSIGNEES are hereby informed downs of the nag.Kong and Kowloon Wharf and Godown Company, Limited, Kowloon, and stored at Consignees risk and expenss
"All broken, obsted, and damaged Goods are to be left in the Godowns, where they will be examined on Saturday, 28th Sept., 193, at 10 am.
All Claims must be presented within 15 Days of the vessel's arrival here after which date they cannot cognized
No Claima will be admitted after the Goods have left the Godowns, and all Gooda remaining undelivered after the 30th Sept., 1035, will be subject to
Rent
No Fire Insurance has been effected, Bill of Lading will be countersigned by
FURNESS (FAR EAST), LTD., 4th Floor, King's Building Connaught Road.
Dis! 23165
of Opium, Treasure and Valuables are being Inoded & stored into the godown of the Hong Kong Kowloon Wharf and Godown Co., Ltd., Kowloon, whence delivery may be obtained immediately after landing All Claims
must be sent in to me on
or before the athet., 1936, as they will not be recognized.
Damaged Packages will be examined. by the empany's Surveyora, Merar the Consignees at 1.00 am. on Friday, Goddard & Douglas in the presence of 37th Sept., 1985.
Officer in attendance when any datiable Consignees must have a Revenue goods are examined by the Company's Nurveyors.
No Fire Insuranc will be effected by us in any ones whatever,
R. OHL Agent.
($831 Hong Kong, 21st September, 1866,
NOTICE TO CONSIGNEES.
VOXAN STEAM SHIP CO., LTD OKINA MUTUAL STEAM NAVIGATION CO., LTD.
Nankin, E. & A. S.8. Co., October 1. Hong Kong, 23rd Sept., 1995, Nellore, E. & A. 8.5. Co., October 5. Nordland, Melchers', September 30. Oder, Melchora, October A Pres. Coolidgo," Dollar's, Sept. 26... Pres. Jackson, A.M. Line, October 1 Pres. Jeferson, Dollar's, Sept. 27 Pres. Monroe, Dollar's, September 27. Protesilane, B. & S., October 31. Pyrrhus, B. & B., October 7, Bajputans, P. & O., October 4. Bamses, Jabeen's, October 8. Rawalpindi, P & O., 'October 17. Sauerland, Jebsen's, October 11, Roseville, Back Line; September 20 Santhia, B.I. (Apcar), October 1. Bomali, P. & O., September 30. Stentor, B. & S., October 12. Sphinx, Messageries', October 19.
Takada, B.1 (Apear); September 28, Berlin, Sept 23.
Talma B. (Apear), October 15. After Baturday's partial recovery, Telresins, B. & B., September 27. the share market was again weaker Tinhow, Bank, Line, October 10. on Monday under the influence of Tjibadak, 3.04. Line, October 1 more pessimistic news from Gene-Tourains, Thoresen's, September 20.
Tjisoodari, G.J. Line, Sept. 28 va. Although prices were inclined Tourcoing, Thoresen's, October 6. improved slightly in response to Trave, Melches, October 18. to sag, on the whole, some stocks Toyams Karu, N.Y.K., September 27. buying orders. Call Money was Tricolor, Dodwell's, October 17. Trier, Malchers', September 28. Tweedbank," Bank Line, September Yasukuni Maru, N.Y.E., Sept 28.
(Special to the "Hong Kour Daily
press" (Copyright),]
Transocean Kuo Min.
CHEERFUL STOCK MARKETS
The standard cannot be, wholly ceceived the following Straits cur automatic. It must be managed by tenc quotations (buyers) from in co-operation, and much mutual
co-operative effort working to tolerance and freedom from re-
common and intelligent ond. There!
Singapore Yesterday Zor Raw quoted at 3-- crimination and suspicion. It is must be limits upon the extent to not a military battle to he fought which gold can be sent from market it is a mathematical problem to to market for merely temporary be solved.
investment and speculative pur Fourth, will
the re.
poses. establishment of some kind of new These are hard doctrines but it international gold standard. This is useless to embark upon financial involves a new attitude of mind, conference "until we have got away especially politically, towards the from eighteenth-century idons about truths of international trade, which trade, and the boon of wide and I may put bluntly and simply stable international trade cannot be floods and services must be paid added to the boon of stable domes for by goods and services. Pay- tic trade until this educational and ment by euld is no final or general painful process has made headway. method. Creditor nations must not Stabilization is a goal which can receive their debts predominantly become nearer only as we prepare in gold. If gold is used as a store ourselves for all it involves. If is. of value unduly it will affect its worth it for it represent one of validity" as a messure of value. the highest common factors of our Movement of gold must be allowed international life."-
H. B. JOSEPH & CO Mesars H. B. Joseph & Co. TE celved the following Straits dur- rency Quotations from Singapore for Raw Rabber'
Buyers Sellars "Spot
181 down i 182. Oct./Dec. 19 down t 191 Jan./Mar. 194 down 10 Apr./June 201 down 201 Market.Uncertain.
◄ONSIGNEES per Co.'s Towel
*EUMAEUS "
FROM UNITED KINGDON VIA SINGAPORE,
[3828
CONSIGNEES' NOTICE.
THE "BEN LINE STEAMERS. LIMITED.
W
FROM LEITH, MIDDLESBRO ANTWERP, LONDON AND STRAFTS.
THE Steamship THE
· BENRINNES,"
are hereby notified that their cargo NONSIGNEES of Cargo see heruby will be discharged into Hale's Whare informand that all Goods are being Kowloon, where it will lie at Consig. landed at their risk into the hardous nees' risk and subject to terms and and/or extra hazardous Godowns of the The Cargo will be ready for delivery Golova Co, Ltd, wheres andles irons. conditions of storage at Holt's Wharf Hong Kong and Kowloos Wad and from Godown on and after zard Sept. the wharves Delivery may be obtained.
Optional
cargo will not be landed
No Claims will be admitted after, the here, unless notice has been giver Goods have left the Godowns, and al 25. prior to steamer's arrival but carried Goode' remaining undelivered for the
on from port to
the option extenda All Claims against the Steamer must All broken
chafed, and damaged be presented to the Under Igned on or goods are to be left in the Godowns, before the 11th Oct, where they will be examined on any will not
183 or they recognised. days and Fridays between the
the General Bandod 10.40 13 and Noor within Warebones Regulations, consiguess must the free storage period.
have a Berenus Oficer in tendance No claims will be admitted after when damaged daliable goods, we Godown, and all Goods remaining All broken, chafed and damaged Gloode the Goods have loft the steamer's examined undelivered after the 30th Sept will are to be left in the Godowns, where be subject to rent.
they will be scamined on the 90th Sept 1885, at 10 am: by Memes, on Goddard & Dongian.
beek affected. je Bill of Lading will be countersigned GIBB, LIVINGSTON & Co, Lás
- Kong, 19th Begā, 18852.
of call to which to the final port 17th Sept., Inahall be subject |
at 839, and Local Loans rose 12 16 to 941. while advances of up
(Bpecial Air Mail Berrion) .'
London, Sept. 6. More hopeful views regarding the political cutlook were current in the City yesterday, and stock markets presented a brighter ap- pearance than for many day, dustry.
Buyers reappeared in several
Another favourable feature was sections, notably in the gilt edged the steadier tendency in the market where prices showed foreign exchange marktt, follow- some substantial gains.: Consols ing the nervousness displayed on
were a full point higher Monday.
to è occurred in others.
Industrial shares also provided some bright features, iron steel issues in particular scoring and many advances on anticipations |of still greater activity in the n-
All Claims against the Steader must be presented to the under goed or before the 14th Oct., 1835, or they will not be recognised Chaba No Fire Insurance will be affected. BY BUTTERFIELD & BWIRE.
Atentu. 23rd September, 1935.