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"FARES FROM HONG KONG "
To Bombay *****Colombo
Int.
2nd.
and, Econ, class
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***
24
£25
291
241
294
€19
w
Singapore
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£13
£11
NEXT SAILING 58. ** CONTE VERDE” 19th April, 1985. Same reduced RETURN TICKETS to SHANGHAI
lat o £19, 2nd. el. £9, 2nd. Econ, ei. £8..
NEXT SAILING 8.8. "CONTE VERDE” 20,700 T. 4th April, 1933,
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THE SHIPPING BUSINESS
Still A Depressed Industry
ADDRESSED AS FOLLOWS:
"In spite of the improvement in British trade and the slight re-
international covery in
trade. shipping remains one of the de- pressed industries of the world. The growth of trade barriers, in cluding subsidies for building and running ships, has at last forced Great Britain to act in self- defence."
The Chamber of Shipping of the United Kingdom opens with these striking words the report. which was submitted to the an nual meeting of the Chamber in London.
There was between June, 1931, and June, 1934, a réduction of 4,500,000 gross tons in world ton- nage, but tonnage in commission had been increased by 3,000,000 tons, the amount of laid-up ton- nage, having been reduced from 14,500,000 gross tone in Junë, 1932, to 7,000,000 gross tons to-day. Of this. 1,400,000-gross-are-to-day
· ́ed..
Effect of Tárias
HỒNG KONG DAILY PRESS, FRIDAY MARCH 29, 1935.
H. K. STOCK EXCHANGE
SATURDAY'S OFFICIAL
QUOTATIONS
יי
LONDON EXCHANGE RATES
On Amsterdam Athens
(British WirRAI ŠERTION
Sterling Parity
IX10 Florine *...... ....... 375 Drachrane Belgrade.............. 174,316 Dinars Berlin
30.43 Marka There seems to be a slightly bet- | Bombay ............ 18. öd. per Rupee ter feeling in the market and | Brussala
25 Belges Ilttle more business has been done, Bucharest manasining................. 813,068 Lai Lands and Electrics were taken | Buenos Aires ..... off the market at $40 and $83 re- Copenhagen... spectively and there are further Gezeva buyers Lights are enquired for Helsingfors at $9, without inducing sellers and Hpagkong, the demand for Banks and un- Lisbon lona continues at $1285 and $415. Madrid
BUYERS
Milan Montevideo Montreal
19
Union Insurances, $415. Hong Kong Lands, $391.
Electrics, $83,
Watsons, 3.
Govt. 4X. Loan, 84% Prem
Govt, 3% Loan, 2% Prem.
SELLERS
可
Canton Insurances, $280.
Wharves (Rights), $10:
Docks, $94.
New Engineerings, 8h, $5.
Hotels, $41.
Humphreys, $94. » China Lights, $9.15. Sandakan Lights, $3) Telephones (old), $23. Cements (Converted), $7. Dairy Farms, $181, Wallace Harpers, $7.
·SALES
Hong Kong Banks,' $1235. Union Insurances, $415. Gold Creek, 40 cts.
Hong Kong Lands, $40. Electrics, $63.
Watsons, $3,30.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Silver prices reacted yesterday to the extent of 7/16 for both deliveries, the quotations: being 28 7/16 for Spot 'and 28 9/16 for For- ward The drop WAS attributed to speculative resales India and speculators bought at the fall. The market was steady. In America the rate was lower at 811 for Spot. The New York/London cross- rate opened at 4.794 and closed at the same rate.
Market. Opened steady and subsequent- ly eased on but towards lunch time the market steadied up again probably in sympathy with Shang- hal.
Sterling
4.
1-
There were sellers after the
BERLIN BOURSE opening at 2/0 5/16 for near and
[Special to the "Hong Kong Daily
Press" (Copyright).3
Berlin, Mar. 27, Although the communique on Tuesday night "Issued after the Berlin Angio-German dellbera tions, was well received by the bourse, the sharemarket was dis- posed to weaken, no definite ten- dency developing,
Electrics were active but other- wise the turnover was restricted.
2/01 for forward. Subsequently business was done at 2/02 for cash and April. The market eased of slightly and business was reported at 2/0 5/18 for cash and 2/01 for June. Towards 1'pm, the market steadied up again and there were sellers at 2/0 for cash/June, buy- ers at 2/07/18 for near up to May and, probably June,
U. S. Dollars Business was done during the early part of the, morning at 48 11/16 for April and 48 13/18 for off and offers at 48 9/16 were ac June. Later the market eased Callcepted for April and second half
Fixed interest securities were dull, prices mostly unchanged.. Money 3.5/8.- Transocean Kus Min.
REICHSMARK QUOTA- TIONS
[Special to the "Hong Kong Daily Press" (Copyright).]
Berlin, Mar. 27. Reichsmark quotations (without guarantee):-
....
New York .............40.17 Paris
Amsterdam Paris Sterling Dollar
tons in all.
608.75 59.37 72.77 15:17-5/0
April and 48 11/16 was also ar- fanged for June. The market closed at 1 pm with sellers at 43 9/16 for cash, 48 April and 484 · June, buyers at 48 11/18 for March/April and 48 13/18 June.
Shanghai Dollars. Sellers were reported at 128 for cash.
Shanghai Market. Erratic. Early advice's indicated the market as being weak and sellers were reported at. 1/7 5/16; for near and 1774 May receding subsequently to 1/7 1/16 for Dear and 1/6 15/16 May. Towards lunch time the market reacted and sellers were indicated at 1/7 for „near and 1/7 May Steady. TA Dollary opened with sellers' at 38 9/16 for near and 38:7/18 for May. Bubsequently, the market weaken ed 38 1/16 for near and 37 15/18
11
laid-up in United Kingdom porta. Transocean Kuo Min.
The grave excess represented by this, 7,000,000 tons, and the great amount of unoccupied " space in
three years had reduced their May. Later the market steadied vessels in commission, is holding down freight rates and imposingnage by only 2,000,000 gross up again and sellers were reported an uneconomic load factor: disas-
at 381 for Dear and 381 May. Very trous to shipping, It comment- Reterring to the policy at home, steady,
the report comments: "Tariffs,
IN THE AFTERNOON quotas,--and--agricultural subsidies The market was erratic in the have been deliberately. Imposed afternoon, the tone at the close be During the last three years with the object of producing in ing inclined to easiness. Great Britain had reduced her this country goods which would-
Sterling tonnage by 2,500,000 gross tons, have been imported. They have, In Sterling business was done at and with 10 per cent. less than in therefore, necessarily.
2/04 for caah, April and May and 1914 was, with the exception of shipping not only of inward car- 2/0 7/16 was arranged for June. Germany, the only great maritime goes but of the outward cargoes The market closed with sellers at conntry, which possessed a smaller which would have been exported 2/0 5/16 March/May and 2/0 mercantile marine than before the to pay for the excluded Imports, March/May and 2/0 7/16 June.
and restricted the opportunities US Dollars Half of the 2,500,000 tons repre- for the export of British shipping. sented tonnage scrapped and half services, which have always been tonnage sold under compulsion or an important means of payment ecmomle pressure to foreign conn- for imports, with consequent in icles Other countries to-day Jury to the shipping industry, possessed over 18,000,000 - gross shipbuilding, engineering, and tons, or 77 per cent, mari than other industries wholly or partly before the war, and in the last dependent upon it'
deprived
Business was done at 481 for April. 488 for June, and towards the close 48 11/16 was also ar ranged for June, finishing with sellers at 48 March/April, 48 9/16 May and 48 11/18 June, buy ers at 484 March/Aprit and 489
Mar 26...
7,08 503 S 211
11.92
Mar 27,
7.003 502 9.
11.94
231
211
47.56d, per Penc 13.100 Kroner
95.29) Frauen 14.93) 193.23 Mark, ...
1483
2/- 5/16
110 Esendos 23092). Pesatas 09.46 Lire 50.88d: per Peso
35 1/32
58 1/32
4.867 Bolları 4.567 Dollars
4.82
4.781
18.150 Kroner
Rio de Janeiro
19481 France 721 154.95 Kronen 98.900, per Gold Milreis
114 19/32
Shanghai
1/71
Stockholm
New York
Paris..... Prague...
.... 18.150 Kroner
Vienus.......... 34.58 Schillings Yokohama...... 24.58d. per Yes
Silver (spot) ........
Silvor (forward)
War Losa
UN LONDON:-
1/2 1/18
Closing Quotations
March 28. 1995.
Telegraphic Transfer... Bank Billa, on demand}/*
ON NEW YORK 1-***
57 15/16
4:82- 4.791
72 47/64. 1142
1/2 3/32 28 7/16
PRESIDENT LINERS
Pare LUXURY LINERS
with Superior Accommodations at Low Fares All President Liver staterooms are qutside, lays and aby with. hot and cold running water. And the majority of the cabins & are equipped with bath or shower, available at only slight sup plementary charge... Another example of the fact that you may travel in splendid luxury on President Liners, at carton- ishingly little cost. Investigate before you plan your next trip.
To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days' via Shanghai, Kobe, via Shanghai, Kobe. Yokohama, Honolulu
Yokohama
Fortnightly callings
Pres. Lincoln...Apr. 9, Maight Pren, Coolidge,... Apr. 20, Noon Fres. Cleveland.May 7, M'night Pres. Hoover May 18, Noon Pros, Taft. June 4, M'night
EUROPE, NEW YORK
Enquire for round-trip tickets to Muropa kuponnection with Lloyd Trierit, Via Manila, Singapors, Parang, Columbe. Bombay, Suas Cansi Alexandria, Naples, Genok, Marselles,
|
Fortnightly alling
Pres Grant...... Mar, 50, 1 am. Pres. Jefferson..... Apr. 13, 1. a.,0. Pres. Jackson... Apr. 37, 1 2. Pres: McKinley.May 11, I am Pres. Grant.... May 15, 1.a.m.
MANILA
THE MOST FREQUENT SERVICE
*
Next Sailings Pres. Folk..... Mar. 30,8 mm. Pres. Folk... Mar. 30, Pres, Adam.... Apr, 19, 8 am, Pres. Lincoln Apr. 2,0 pm< Pres. Barrison... Apr. 27, 8am. Pres. Jefferson Apr. 6 p.. Pres. Hayes May 11, 8 am Pres. Goolidge... Apr. 11, 8 p.m." Pres. Johnson...May:25, 9 a.me | Pres. Adams... Apr. 13, 8 a.m.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
23 9/18
31% 1051
Bank Billa, monthi"
Bank Bills, on demand sal Credits, 60 days' sight. 194 ON BATAVIE:-
On demand
711
wight
2/1
ON Pants:-
Credits, four months'
Bank Billa, on démand 736
sight
2/1
Credita, 4 months' sight 760
ON SHANGHAI :--
ON SAIGON:-
124
On demand
ON MANILA 1-
On "demand
ON BANGKOK-
On-demand.
171
ON INDIA:-
Telegraphic Transfer... 1 Bank, on demand
133
On Demand
OK SINGAPORE
'On demand
OF JAPAN:-
H.K. SHAREBROKERS" ASSOCIATION
Bayers
Unions, $410. Watercats, $12 ed. Antamoks, 91 cts. Bagulo Gold, 30 cts. Salacots, 16 cts. United. Paracales, 33 cts. Providents (old), $1. Lights, $8.00 Constructions (new), 40 cts. Govt. Loan 3%. 52%.
Sellers Antamoks, 93 cts. Hotels, $4.25 Docks $3. Trams, $16.60.
Banks, $1285. Lights, $9.
Sales
THE RUBBER MARKET
Singapore Prices
"
EL. B. JOSEPH & CO. Messrs. H. B. Joseph and Co., re- ceived the following Straita Cur-
for Raw Rubber.. reney quotations from Singapore
Spot April/June July/Sept.
Oct/Dec.
timistic.
20 "Unchanged 201 Unchanged 211 Unchanged 221 Down t
On demand
SOVERLIGNE, Bank Buying
Rate
BAR SILVER, per On
21.1 977/19-
THEY DIED LIKE "MEN
Valour As Ship Sank
"They stuck to their posts to the end... In their last moments they, bebaved like men."
This was the tribute paid to the captain and wireless operator" of the doomed British steamer Blair- gowrie—which was lost with all kands in mid-Atlantic during the
"The waves were mountainous," he said. "As soon as we picked up the Blairgowrie's call for help we made off towards her as fast we could, reaching the spot indicated about'midnight.
~PEDDER BUILDING— BONG KONG.
CANYON BRAFON 2–4, BHAKRE KOLD.
CONSIGNEE NOTICES.
· SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.
CONSIGNEE NOTICE.
8.S. "ANDRE LEBON."
duvo HONG KONG G
23RD MARCH, 1985.
THI
From MARSEILLES, &c.
CONSIGNEE NOTICES,
NOTICE TO CONSIGNEES.
ELLERMAN LINE
FROM GDYNIA, HAMBURG, ROTTERDAM &, ANTWERP.
Steamship TE OF BRISTOL”
having arrived, Consignces of cargo by being landed at their risk into the her are informed that all goods are hasardons and/or extra-hasardens go- downs of Messrs. Holt's Wharf whance delivery may be obtained.
Optional cargo will be carried on, unless notice to the contrary be giv Prior to arrival of steamer,
recent hurricane-night--by Captain CONSIGNEES of Cargo by the Steamer are foreby Scharf, of the Europa, when she informed that their Goods, with the called at Cowes Roads.
exception of Opium, Tressars and Vain Captain Scharf, with thirty-fiveables, are being landed and placed at years' experience of the sea, says their risk in the Godowns of the Hong it was the worst hurricane he has
KIDE
and Kowloon Wharf and Godown Do., Edd, Kowloom, whenas Delivery can ever known.
be obtained
the Goods *
are landed. Goods not aleared within 7 days, i
in- cluding date of arrival, will be subject to Ent
All Claime must be sent to the Under
31st March, signed before Tuesday, 1985, or they will not be
recognised. the Godown for examination by the Damaged packages must be left in Consignees and the Company's Bar- reyors, Mass. Goddard & Douglas, at goods must be left in the godowns. All banken," chafed and damaged. a.m. on Thursday, the 8th March,here they will be examined by the Consignees must have a Revenue Fridays, between the hours of 10,45 m.
-stemmnar's surveyor on say Tuesdays or Officer in attendance when any damaged & Neon, within the Free Storage Period datiable goods are examined by the of One Week. Company Burrayon,
But in such weather we could not find any trace of the ship though we had our searchlights
00."
Chief Radio Officer D. Berbig, of the Europa, added: "We wireless- ed that we were rushing with all
Market Undertore Quietly Op-speed to the rescue, and the answ→ er came back OK. I know you are, but I think it is hopeless.","
Plano Overboard
Selling price i cent higher ́on
all positions.
BENJAMIN AND POTTS The latest quotations received from Singapore are:
Spot
April/Jane July/Sept. Oct./Dec. Market-Quiet.
197 down. 1 ct. 201 down i et 211 down & ct.. 221 down * ct.
MOTOR WORKSHOPS
For The Provinces
10 1895.
นะ
No Claims will be admitted after the Goods have left the
Godowa No Tire Intuos will be elected un in any muse whatever,
B. OHL,
Arent
The Dutch liner Costa Rica battled with tremendous seas be- fore reaching Plymouth from the Hong Kong, 22nd March, 19: 6, 12367 West Indies-eight hours late,
A giant wave had splintered the smoke-room door, smashed, furni- ture and carried a piano over- board.
Here is another drama of the SEA
HAMBURG-AMERIKA LINIR.
NOTICE TO CONBIGNERS.
THE
"FRIESLAND'
After clinging for more than THE M.S.
twenty-four hours to a wave-lash-
goods have left the godowns, and all No claims will be admitted after the
goodaramaining undelivered after 3rd- April, 1935, will be subject to rent,
All claims against the steamer must
bill not be recognized. be presented to the undersigned on or before 9td
1935,
or they
• Fire Insurance has been effected, Bills of lading will be countersigned by
THE BANK LINE(CHINA), LTD.
“Agerin..
[3379 Hong Kong, 17th March, 1985,
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO, LTD.
CHINA MUTUAL STEAM NAVIGATION CO, LED,
NOREIGNEES per Co.'s Vessel
ed rock of Casablanca, Morocco, a having arrived, from Hamburg and CAVELLULES
white-haired Daherman-member of Ports of call, Consignees of Cargo ire
"the-l-fated lifeboat Marechar Changsha, Mar. - 15. Lyautey was rescued by an Arab. pairs to aimibuses, and
With a view to facilitating re- Food, blankets, and a rope with as a which the man lashed himself to communications in the province, an airplane. means of developing highway the reef-had been dropped from the Hunan Provincial Highway Bureau as decided to establish near him, but an Arab member of Lifeboats were unable to get
five motor workshops in Ching the rescue crew dived into the sea ata, Hengyang, Changteh, Pao- and rescued the exhausted man. king and Yuhsten
PASSENGERS
Fox UNITED KINGDOM TE CONTINENTAL FORTS LÀ
A BINGAPORE:""
tereby notified that their Goodă, are being landed and placed at their rikk
d Godown Company's godowns stars hereby notified that their O into the Hong Kong and Kowloon yi hazi Kowloon, where delivery may be chlained as soon as the Goods are landed Wharf, Kowloon, where is
will be discharged; into Optional Cargo will not be landed at Consignees risk and hours prior to vessel's arrival, but carried Holts Whe ben, unless Notice has been given Teras and Conditions Da from port to port to the final port o
all to which the option, extends
Ollies will be admired after the Goods have left the Godewas, and a Goods remaining undelivered after tha 30th March, 1988
1885, will be abject to
from GodowA ÖN Optional: Dirt will Auro, un Noor has been to Vessel's BETITE, DES CAIT port to park to the Saal port of to which the optice
All broken, abated and
Good
Construction work on the five plants will be started simultán- Bously on Apell L With the ex- ception of the Changsha plant,
The following passengers arrived Goods are bo be left in the Godowne, we to be left in the
All broken, chafed, and which, on account of its large on the RM8. Empress of Asta yes-bors they will be examined 19till bead on size, will not be completed until terday: Mrs. J. R. Hartpence, Cdr. March, 1926, at 10 by our Fridays between the the end of this year, the other A. 8. Nocles, Mr. L. Badaya, Mr. Burveyors, More Goddard & Douglas and Non fain the four repair works will be ready for B. Carr, Mr. J. E. Gray, Mr. O, N. To comply with the General Bondle
In view of the large quantity of E. Kohne, Mr. R. V. D. Kirby, has Camaged durable goods use by the end of June
Hermann, Mrs. Hermann, Lt. Col. Warehouse Regulations, consigaena
have, a Bevanus in gasoline imported from abroad, Mr. C. D. Nicholl. Mr. P. V. Nari camined, ka the Provincial Bureau has also Mr. S. Pack, Mr. W. A. Stewart, Mr. All clima most reach decided to use charcoal, gas, in C, H. Unbehamn, Mr. P. Van Bchu- the 23rd April, stead of gasoline, for all the ombert, Mrx Von Schubert, illas P. not be "moguiseći,
1985 nibuses in the province, in order Gates, Mr. E, G. Dalian, Her, C. D.No Zamanos to promete domestic industry and Cousins, Ms. Cousins, alt. J. Groen Bill of Lading prevent economie leakage.
burg, Mr. F. Gregory, Mrk: Gregory, SANG Kuo Min
Rey, A. Ham, Mr. A. F. Tempson Hoca Kong, 13rd March, 1985,
Gooda·bava Jets the and all Gooda - rama after the 2nd Apri
#$715 March, 1988
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