1934-11-13 — Page 13

MAERSK LINE

Fast regular FREIGHT and

PASSENGER SERVICE

vid

Shanghai, Japan and PANAMA

to

SAN FRANCISCO, LOS ANGELES, NEW YORK, BOSTON, PHILADELPHIA & BALTIMORE.

If suficient inducement offers slao other ports of call. Arrivals from U.S.A.

30th Nov,

"M.M."NORA MAERSK”

·M.V. "PETER MAERSK”

Sailings to U.8.A.

27th Nov,

27th Dec.

(All dates aro aubject to alteration without notica,} EXCELLENT ACCOMMODATION FOR PASSENGERS

14

י1

AT MODERATE RATES.

For Freight and Passage please apply:-

JEBSEN & CO.

Canton, Shameen, B.C.

Tel 10916.

Agents. Hong Kong, Fedder Building.

Tel. 28363.

CIL

BALI & JAVA

(in Home leave why not visit BALI & JAVA-the

Isles of Romance and Beauty,

Through fares to Europe by steamer all the way or by

steamer and Aeroplane combined.

Special reduced round trip fares. Through fares to

Australia and South Africa.

TO MANILA, MAKASSAR. BALI -

& SOERABAIA

B.S. "TJIBADAK " 18th Nov., 11 am.

TO BATAVIA DIRECT

20th Nov., 11 am.

8.8. "TJIKEMBANG

For further information apply

American Express Co., Inc. Thos. Cook & Son, Ltd: Holland-China Trading Co., Canton. JAVA-CHINA-JAPAN LIJN N.V.

York Building.

Tel.. 28015.

JAVA CHINA JAPAN LINE

HP

NORD LLOYD

PREMEN

HAMBURG AMERIKA LINIE NORDDEUTSCHER LLOYD

MAMBURG

Far Eastern Mail Passenger and Freight Service

Through bookings to América vía Europe and Europe via America." Booking around the world. Through hookings to London.

OUTWARD SAILINGS †(NDL) 5 1. "TRIER”..... / for 8'hai, Taku Bar, Dairen,

Taingiau, Yokohama, Kobe... 17th Nov, †(HAL) m.v. "SAUERLAND" for Shanghai, Taku. Dairen, Kobe, Osaka, Yokohama, Nagoya

22nd Nov. *(NDL) ma. "TRAVE" for 'hai, Taka Bar, Daires,

Tsingtau, Yokohama, Kobe...28th Nor. +(ÉAL) 88.“ OLDENBURG" for Shanghai, Taku, Dairen, Tringtau, Kobe, Caske, Yokohama. 109 4 di

for Shanghai, T'hama,, Kobe.

+(NDL) 5.8.

"SAARBRUECKEN"

****

HOMEWARD SAILINGS

*(NDL) 12. “ WIEGAND... for Naples, Genoa, Havre,

ti

•(HAL) r.." RUHR

*(NDL) 14 "MAIN"

†(HAL) m v. “ DUISBURG"

*(NDL) «.«. “ODER"..

7th Dec.

18th Dec.

HONG KONG DAILY PRESS, TUESDAY, NOVEMBER 13, 1934.

RUBBER STOCKS AND PRICES

LONDON EXCHANGE RATES

(BRITISH WIRELESS-SERVIC

The Regulation Plan

(Special Air Mail Service)

London, Oct. 20.

"

176,310 Dinars 219

On

Sterling Parity

Nov 8 7.401

Nov. 1. 7.38

Amsterdam Atbens Belgrade Berlin

19.10 Florina

375 Drachma

523 S.

520

12.40.

1/8 1/18 21.38

500

20:43 Marks 12.411

Bombay 1 sd. por Rupee 1/8 1/18

Brussels Bucharest

An interesting and provocative Buenos Aires speech on the rubber regulation Copenhagen plan, which in general he appro- Genera ves, was delivered by Sir George Helsingfors Maxwell, the chairman, at the Hongkong meeting of the Sengat Rubber Lisbon Estate. Pointing out that the Madrid scheme aimed at fusintaining a' | Milan price level that would be reason- Montevideo ... ably remunerative to emcient Montreal producers, he said he was sorry to

New York see any mention of price at all. Oslo In his view there are three objec- Paria tives in & regulation scheme: to Prague reduce abnormal stocks to a rea- sonable level and thereafter to adjust current, production to cur-Shanghai rent consumption; and to establish Stockholm research and propaganda for new Vienna .............. and increased uses of rubber. The Yokohama. latter, he said. must take time. Silver (spot) but without it the regulation

Silver (forward) scheme, which he rightly described

War Loan as essentially a temporary mea- sure, cannot reach the successful finality that can come only when unrestricted production is required In order to meet the world's steady demand and increased consump-Us tion. The chairman recalled his

38 9.0.

22.40

16.33

3 Belgas ****** 813,888 L 47.56d. per Peso 18.189 Kroner 25.294 Francs 180.23 Mark 2201

21.45 493

381 8.0.

22.40

15.36

1/7 0/16

1/7 13/16

110)

38 9/16

58. 6/18

110 Escados 110 25.22) Pesetas 36 11/16 92.48 Lire 58 17/32

5.00 19.90

391 8.0.

4.87

4.991,

19.90

10.88d. per Pesa

39 8.0.

Rio de Janeiro

4.88 Dollars 4.867 Dollar 18.159 Kroner 194.91 France 164.25 Kronen 20.93d. per Gold Milreia

4.88

78-1/32 119%

75 25/32

119 9/18

18.159 Kronor 34.56 Schillings 24.58d: per Yen

48,0. 1/4 19.394 261

8.0. 1/4 19.394

27+

1/2 1/16

1/2 1/18

23 9/16

23 11/18

previous saying. 'Look after the stocks and the price will look after JF itself." He also cited some const derations of a practical nature that may make it difficult to maintain a "reasonably remunera- tive price in all countries and all currencies. To adjust produc- tion to consumption is, he added. to deal with a physical commodity which can be controlled, but to attempt to fix a price, the chair- man declared, is to deal with the niost elusive thing on earth.

R.M.S. AFFAIRS

Winding-up Possible

(Special Air Mail Service)

London, Oct. 26.

An important statement as to the future of the Royal Mall Ship- ping Co.. head of the famous group of shipping companies, of which Lord Kylsant was formerly chairman, was made at a meeting o the company by Brig.-Gen. Bir Arthur Maxwell, the present deputy-chairman.

"You will appreciate." he said. "that in view of the state of the company's affairs, you, as stock- hulders, should not expect "any return, and that it may be neces- sary very shortly to consider the winding-up of the company."..

This statement followed an explanation G. the company's accumulated ascertained loss, which has increased from £9,000,000 to

about £11,300,000 during the past year. Sir Arthur continued:

The increase of about £2,300,000 is due to the fact that during the year certain further 1038eg have becorne definitely ascertainable. The deficiency will ultimately be increased by further substantial losses on investments which cannot at present be precisely estimated, and also, among other items, by the amount of the Hability which may ultimately fall upon the com- pany by reason of the guarantee

•% 31% 105 11/16

Closing Quotations

November 10, 1934

LONDON:- Telegraphic Transfer... } Bank Bills, on demand 174 Bank Billi, 4 months?

sight

ON SHANGHAI:-

ON NEW Yon:-

Bank Bills, on demand 4 i Credits, 60 days' sight... 414, ON BATAVIA -

On demand

Bank Bills, on demand 615

Credita, 4 months' sight 615

ON SAIGON:-

ו! י

2

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

Xmas Sailings

To United States and Canada

S.S. "PRESIDENT MCKINLEY”

Г4

Sails from Hong Kong ...Mid-night-Nov. 23

"Arrives Seattle

S.S. "PRESIDENT HOOVER"

顺

Sails from Hong Kong...

Arrives San Francisco

S.S. "PRESIDENT GRANT".

Sails from Hong Kong Arrives. Seattle

1/71

ON PARI:---

Credits, four months'

sight

1/81

On Demand

120

On demand

ON SINGAPORE:----

· ON MANILA Z

On demand

691

On demand

#1

Ow JAPAN:-

OF BANGKOK-

On demand

138;

ON INDIA:-

On demand ................................” 11i SOVEELIONE, Bank Baying

Telegraphic Transfer...

Bank on deman

107

Rate.....

1/8} BAR SILVER, per o 234

CONSIGNEE NOTICES

THE MERSEY GOLD FOR SILVER

TUNNEL

Earns £80,000 In Three Months

Four

U. S. Exploring Possibilities

(Special, Alt Mall Servicė}

with

HAMBURG AMERIKA LINIE,

NOTICE TO CONSIGNEES.

M.V.

THE RAMSEB

having arrived, from Hamburg and London, Oct. 26." Ports of call, Consignees of Cargo ate The publication by the State hereby notified that their Goods Bre Lepartment of correspondence re-being landed and placed at their rink into the Hong Kong and Kowloon Wharf exchanged

China cently

and Godown Company's godowns at revealed that the Administration Kowloon, where delivery may be obtained as soon as the Goods are landed, Was is exploring the possibilities of a

Optional Cargo will not be landed direct exchange of American gold for Chinese silver, as a means of hers, unless Notice has been given 48 advancing its silver purchase plan. on from port to port to the final port of hours prior to vessel's arrival, but carried

and avoiding evil economic conse- call to which the option extends. quences to China.

...Dec. 11

Noon-Dec. 1

Dec. 19

...Mid-night-Dec. 7 XMAS DAY

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES.

QOBAN. STHAM SHIP CO., LTD.

AND

UHINA MUTUAL STEAM NAVIGATION CO., LTD. NONSIGNEES per Co's Vessel

"TALTHYBIUS"

Fox SEATTLE, VANCOUVER

AND VICTORIA VIA JAPAN

are requested to take Delivery of Flour and Lamber Shipments as soon as the Vessel is ready to discharge and. are. tereby notified that if their Lighters are not placed alongside the Vessel as required, their Shipments will be dis charged into Holt Wharf, Kowloon, at lie also at their risk and expense their expense, where the Cargo will and subject to the Terms and Conditions of No Claims will be admitted after the Storage at Holt's Wharf. Steamer will Goods have left the Godowe, and allocmmence Discharge on the 9th Nov. Cloody remaining undelivered after the Monday, the 19th Nov., 1934 will be subject to Rent,

times more traffic has passed through the new road tunnel under the Mersey, which was opened by the King in July, than was anticipated. This revealed by Sir Thomas White, chairman of the Joint Adminis- trative Committee, in Liverpool.

He also indicated that the un- | used lower half of the tunnel may be used. The tunnel is circular. China, in a Note from Nanking. and only the semicircular upper asserted China's determination to half is at present used by traffic.

maintain the silver standard, but The lower half is partly used disclosed that China was consider.

All broken, chafed, and damaged for. ventilation, but there is a ing the gradual introduction of a Goods are to be left in the Godowns, central hollow, 19 ft. and 21 ft. gold basis currency, which would where they will be examined on Baturday wide. Str Thomas said, "It is an necessitate "the acquisition "of 17th Ner., 1934, at 10 am, by our Surveyor, Menors. Goddard & Douglas. asset we shall probably have to gold bullion."

To comply with the General Bonded use. It may be that cyclists or The proposed exchange of gold Warehouse Regulations, consignees must some other traffic may be accom- for Chinese silver, if effected, have Revenue Officer in attendance. modated with a road of their | would serve to carry forward the when damaged dutiable goods wr Own."

policy, broadly hinted at in Ameri-examined.

All claims must reach u before Vehicles carrted by river, ferfles can Administration quarters perio-

Wednesday the 12th Dec., 1984, or they will not be recognised.

No Insurance will be effected. Bills of Lading will be countersigned by

JEBBEN & CO..

Agents.

in the past had been about 1,250,-dically during the past year, of 000 in twelve months, but in the working towards a more even dis- st three months 868.000 vehicles tribution of the world's gold be- had passed through the tunnel. tween the nations. The ventilation which had caused

Throughout the Chinese corres- so much perturbation had proved pondence It was emphasised that Hong Kong, 19th Nov. 1934

gineering. one of the greatest successes in en-higher prices for silver, resulting

Referring to the finance of the tunnel, Sir Thomas White said that the pessimist had been confound

ed.

from American purchases, were disadvantageous to the Chinese, making it costly for foreigners to purchase Chinese products and draining away the nation's silver stocks, The American reply took cognizance of this difficulty.

They banked, he said, on getting £80,000 in nine months, but as a master of fact they had got nearly that sum after three of the capital and future dividendsted that curiosity on the part of months' working. It was admit- of the £5,000,000 preference capi motorists during the summer had tal of White Star Line Limited. helped the earnings, but since These, further losses may

reach then the

decline. they

had an- very large figures.”

ticipated had not taken place. He "It can be taken, I think, that was not, however, living in a There were advantages which

there account will have to be taken for the full liability under the com- 17th Nov.pany's £5,000,000 guarantee."

R'dam, H'barg, Bremen... 13th Nov. for Elença, Marseilles, R'dai.,

Hamburg...

for Genoa, Mlles, Barcelona,

E'dam, 'burg, Bremen.. 2nd Noy. for Genos, Rotterdam, H'burg,

- 24th Nov. for Gence, Marseilles, Oran, Casablanca, B'dem., H'burg., Bremen....

...sta. Doc.

R'dam, Hamburg 10th Dec, + Passenger Vessel Limited Passenger Accommodation.

† (HAL) m.v. "RAMBES”.... ... for Genos, Marseilles, A'dam.,

N.D.L. "HONGKONG/SOUTH SEA ISLAND SERVIÓN.

. "FRIDERUN" 5th December, to MADANG,

RABAUL and porta.

For forthor particulars and passage fares, etc, apply to i—-

HAMBURG AMERIKA LINIE NORDDEUTSCHER LLOYD

́JEBSEN & CO., Adantḥ,

12. Fedder Street, Tel, 28363,

MELCHERS & CO., ÄGETA,

| Queen Tal, 26876.

CANTON AGENTS:

CARLOWITZ & CO. Bbakes Road. JEBBEN & 00, Shareón B: 0

(8000

CONSIGNEES' NOTICE.

THE BEN LINE STEAMERS,

· LIMITED,

With the huge silver purchases Washington is just as anxious as which are still to be made. China to keep the price of silver ANTWERP, LONDON & STRAITS.

FROM LEITH, MIDDLESBRO”,

from becoming excessive..

blind" to were not

The Steamship "BENVENUE."

CONSIGNEES of Cargo are heraby

General Cargo will be discharged into Holt's Wharf, Kowloon, where it will lie at Consignees' risk and subject to the Terms and Conditions of Storage at Holt's Wharf. The Cargo will be ready for Delivery from the Godown on and after 9th Nov.

All broken, chafed, sind 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 AM. And Noom within the Free Storage period.

No Claims will be admitted after the Goods have left the Vessel's Godown, und all General Cargo remaining undelivered after 16th Nov, will be subject to Bent..

All Claims against the Vessel must. be presented to the Undersigned an or before the 30th Nov., 1934, or they will not be recognised,

No Fire Insurance will be effected.

BIPITERFIELD & SWIEK.

Agents. 9th November, 1934

(3095

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO, LTD.

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

MONSIGNEES per Co,'■ Vessel,

"PATROULUS"

FROM UNITED KINGDOM.

VIA

Nov

is every prospect that fool's paradise: they would work could be secured for transport informed that all Goods are being are hereby notified that their cargo to make that a stabilized figure the tunnel which they had not landed at their risk into the hazardous will be discharged into Holts Wharf and even to improve upon it as dealt with up to the moment; but and/or extra hazardous Godowns of the Kowloon, where it will lie at Connig- time went on

While they were congratulating Hong Kong and Kowloon Wharf and nose risk and subject to terms and : In three months they

had themselves on the engineering Godown Co, Ltd., whence and/or from conditions of storage at Holfs Wharf. handled 868,000 vehicles, and had and financial progress of the the harree Delivery may be obtained. The Cargo will be ready for delivery carried 123,000 passengers.

from Godown on and her to More The tunnel, they

Optional cargo will not be here, unless notice has been given prior to steamer's arrival but carried on from port to port to the final pert of call to which the option extenda.

All broken, cbafed, and damaged goods are to be left in the Godowns, where they will be examined, on any Tupadays and Fridays between the hours of 10.45 AM and Noor within the free storage period,

Sir Arthur then reminded the stockholders that "the moratorium granted to

the company by its creditors under the "scheme of arrangement would expire on Dec. 31 next, and dealt with the pro- blems which that expiration would raise.

"The directors," he said, "have been giving most careful const- deration to the position which will

ventilation question, which gave the fact that had a very heavy cause “or so much perturbation at liability in the ferry boats. They one time, had been, most success-Would call for a large siice of the fully solved, alter

income from the tunnel and ways and means would have to found for dealing with that as- pectinat

"We on the tunnel committee," added Sir Thomas White, "have nearly finished our work, but the tunnel itsel is only just commen-

clag its work. The work of the engi-

be

Mr. Ole Singstad (consulting engineer of the Holland Tunnel,

No Claim will be admisted after this Goods have left the Godowns, and all Goods remaining undelivered after the 16th Nov, 1834, will be subject to Bent, ↑ All Claims against the Steamer must, be presented to the Undersigned on or before

the 29th Nov., 1834, or they will not be recognised.

To comply with the tierral Bonded Warehouse Regulations, cousiguces must bave Revenue Officer in attendance when damaged dutiable goods are

No claims will be admitted after".

Get A All Crime winst the Steamer innst

We New York) said he had inspected examined." neers is not yet completed. then arise, and have been actively have got all the vast power re- the Mersey Tunnel that moming are to be left the Godown where Godo and all Goods remaining All broken, ahafed and damaged Goode the Goods have left the steamer's engaged for many months past inquired not only for the main tun- and he agreed that it was one of they will be examined on the 14th undelivered after the 17th Nov, will exploring every possible line of nel but to accomplish the ven- the wonders of the world. They Nor, 1934 i 10 by Memes, be subject to rent. action which might be taken. Illation of the lower half.". had bullt not only a tunnel, but | Goddard & Donglass De regret that we are not in a DOKE= tion to make any definite state- ment except that the prospects of evolving a scheme to meet all the confileting interests involved – is | remote."

Liability' in Ferry Boats

or before the Hit Deo, or they

a great boulevard under the river. No Firs Insurance has been affected be presented for the undersigned on Even - allowing for "curiosity!" Bill of Lading will be counteraigned trande, be thought it very Hkely | #9 Te

Soon, be continued, the tunnel committee would be asked to con- that, by the end of the first year, GIBB, LIVINGSTON & Co., LT sider what use might be made of their estimates would be very toug Kong, 7th November, 1936 that part of the great work much exceeded:

No Fire Insurance, willbe effected,

BUTT FIELU BWIRE

[2989 "9ik November,

h