1935-04-26 — Page 13

M.V. "NEPTUNA"

PASSENGER & FREIGHT SERVICE TO

AUSTRALIA

Next Sailing about 18TH MAY

for Saigon, Manila, Sandakan, Rabani, Salamaua, Sydney & Melbourne.

First Class Fare to Sydney1.

Apply to:

Single: £47.10.0d

Return: £76.

GIBB, LIVINGSTON & CO., LTD.

Agents.

P. & O. Building.

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO-MARITIMA ITALIANA-SITHAR

EXPRESS PASSENGER SERVICE

FAR-EAST INDIA - ITALY

TAKE ADVANTAGE of the Season to visit India, Ceylon and the Straits on our 8PECIAL REDUCED TWO MONTHS RE TURN TICKETS allowing a stop over of about 8 weeks in India, 8 weeks in Ceylon er 10 weeks in the Straits.

To

Colombo

Bombay

Singapore ...

FARES FROM HONG KONG

lat.

2nd. 2nd. Econ. cises

fu

225

£21

£22

£19

£18

£13

211

NEXT BAILING S.S. "CONTE ROSSO" 12th May, 1995." Same reduced RETURN TICKETS to SHANGHAI 1st. cl. £1, and. cl. £9, 2nd. Econ. cl. 20.

NEXT SAILING 9.9. **CONTE ROSSO " 20,700 T, eth May, 1935.

For full particulara apply to:

THE

LLOYD TRIESTINO Queen's Building, Ground Floor. Tel. Add: LLOYDIANO"

Telephone 32081.

Agents in CANTON

HONG KONG DAILY PRESS, FRIDAY, APRIL 26, 1935.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

Only a small business has to be recorded, Unions having been done

at $375. Eectrics at $84 and Tele- phones (Old) at $214. The pheno- menal rise in Exchange is absorb. ing all interest and consequently our market has been neglected.

BUYERS

Big Wedge, & cts. Wharves (Rights), $10,

Govt. 4% Loan, 81% Prem. Govt. 3% Loan, 3% Prem.

SELLERS

Hong Kong Banks, $1100.

Hotels, 34.50.

China Lights, $94. Sandakan Lights, $7. Wallace Harpers, $6.

SALES

Union Insurances, $375. Hotels, $4.50.

China Lights, $91. Electrica, $64. Telephones (Old), $214.

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

LONDON EXCHANGE RATES

Amsterdam Athens

Belgrade Berlin ...

Bombay... is. Od. 'per. Ruper Brass... Bucharest Buenos Aire ......... Copenhagen Geneva

Hongkong Helsingfors

Lisbon Madrid Milan

CÜRITION Winnema. Sauvron's

Sterling Parity.... Apr. 3

Apr 21,

13.10 Florina 7.173

..7.18

........... 375 Disckmaą

$76,316 Dinars

214

90.49 “Marka | 13011

12.02

...... 30 Bolgan. 28.84)

28.57

.... 813,568. Lai 47.38d. per Peac 18.139 Krone” 95,29 Franca

193.23. Marką:

408

14.99

14.95

4

23/2 5/16

7/2+

110. Esendos

35%

Montevideo

Montreal

09.40 Eira 50.884 per Peso 4.867 Dollars

584

581

New Yorku.

4.86 3/16 4.867 Dollars 4.84 13/18

Oslo

18.150 Kroner

¿

Paris

184.71 France

73 35/64

Prague

164.95 Kronen

1151

Milcola

1/71

................. 96,22) Pesotas 35

Rio de Janeiro 4... 25.03d. per Gold.

Bhanghaines

Stockholm ...

Vianus ......** Yokohama

Silver (spot) ...

Silver (forward). War Loan

18.159 Kronor 34.361 Schillings 24.58d. per Yen

32

32

71%

34% 108

Closing Quotations

April 26 1935

UN LONDON:-

Telegraphic Transfer... Bank Bills, on demand a 3 Bank Billa, 4 months'

sight

..... 9/34

Credits, four months?

sight

Os SHANGHAI:--

On Demand

1 Oy New YoRK ---

4.884" 4.83 11/18

401

73 23/64 1151

32 13/16

32 15/18

·SA 108 /1 (18

Bank Billa, on demand 54) Credita, 60 days' right.... 56į

ON BATAVIA 1-

Ou demand

ON PARIS:-

Bank Bills, on demand 830 Credits, 4 months' sight 870

UN BAIGON:-

138

Qu demand

ON MANILA :-

W

set

On demand

ÜN BANGKOK÷-

189)

On demand

100!

817

Talegraphic Transfor... Bană, în demand

2131

1501

Bax 8ft væo, per on,

32 13/19

On demand Ox JAPAN :-

On demand Or India:-

Silver prices were again higher yesterday, to the extent of 7/16 for both deliveries, the quotations | Ox. SINGAPORE:— being 32 13/18 for Ready and 32 15/16 for Forward. The rise was attributed to heavy buying on the part of China. Speculators operat- ed both ways. Towards the close there Was renewed speculators demand with absence of sellers In America the rate was quoted at 71 for Spot. Advices received later reported that the American Treasury would , pay 77.57 for newly mined Silver in America.

"The London/New York cross- rate opered at 4.831 and New York Landon was higher. at 4.837,

Market,

Strong but towards lunch time the tone appeared a shade eas-

P. O. Box 143.

1er.

+

DODWELL & CO., LTD., SHAMEEN,

CHINA-SIAM

Regular Weekly Service

LINE.

between Hongkong-Bangkok via Swatow and vice versa

..."HERMOD

1.8. "HIRAM"

From Hongkong |

"HELIOS"

28th April

5th May

12th May

4.5. "HELLAS'

1.8.

"HERMOD" *.. "HELIOS"

"HIRAM" 3.8.

19th May

From Bangkok 26th April

3rd May

10th May

17th May

24th May

31st May

7th June

26th May Accepting cargo for Swatow and Bangkok. Regular Fortnightly Express Service,

between Hongkong-Singapore-Rangoon and vice versa..

HAI HING" sailing about 16th May.. m.8. HAI LEE" ailing about 1st June. Accepting cargo for Singapore, Penang and Rangoon,

Excellent passenger accommodatión available, «

For treight, pamage raim and all other information—Apply tor- THORESEN & CO., LTD,

General Agents.

Tel. 30137...

CHINA'S CURRENCY

May Be Linked With The

Yen or Sterling

(Spécial Air "Mali Service]

London, April 8

The speech of Mr. A. Wills, the chairman of the Chartered Bank

Queen's Building.

if the American policy continued, although he states that "a currency based on silver to which her people have grown accustomed, has suited China admirably,"

Sterling

sellers

after the

There were opening at 2/34 leading to busi- ness shortly at 2/34 for May. Subsequently sellers came out at 2/4 for near with business doce at 2/4 1/18 for June, 2/4 1/16 for near, 2/4) for near. 2/4 3/18 for May and 2/4) June. Towärds 1 p.m. 2/4 3/16 was arranged for June delivery.. The market closed with sellers at 2/4 April/May and, probably 2/4.3/18 June, buy- ers bidding 1/18 higher respec- tively.

U. S. Dollars

Opened with sellers st 35+ Buyers bidding 552. Subsequently business was done at 58 for near and 564 for June. At this stage the market rose to 561 for near with business done at 561 May and June. The market again reacted and business was done at

May.

56 9/16 for near and 56 11/16 for The market closed at 1 p.m. with sellers at 581 April, 581 May and 562 June, buyers at 56 5/8 April, 56. 11/16 May and 56 13/18 June.

Shanghai Dollars, Opened with sellers at 139 and closed at lunch time with sellers at 142.

Shanghai Market. Early advices indicated sellers at 1/7 for near but subsequent ly the market eased on to 1/7 11/16" for near, buyers probably at I/16 higher. U. 8. Dollars. early advices indicated sellers t

the 30 13/16 but later

market receded to 391 for near delivery. Easier.

It is understood that the two possibilities being discussed in China are the linking of her cur-

IN THE AFTERNOON

continued rency with Sterling or with the The market

strong

Yen. The former proposal was ad- in the afternoon owing to selling vocated recently in Shanghai by pressure and to absence of buy-

Mr. Willie's estimate of

of India, Australia, and China, at 8lr Victor Sassoon. Regarding the exa the annual meeting on WednesYen, day, contained

Sterling

done

In Sterling business was an interesting Japan's financial situation is that passage on the currency situation "if the unfavourable factors at 2/41 for second half of May in the Far East, with which the (agrarian, distress, low raw silk and cash, 2/4 7/16 May, 2/44 Chartered Bank is intimately con- prices, restrictions on 'exports), do May, 2/41 June, 2/4 9/16 for near, niccted.

not develop seriously and it, as 2/4 11/18 May and 2/4 13/16 The American 30lver Purchase seems likely, the yield from taxa- July, Anishing with sellers at 2/41 good April/May. 2/4 11/16 June and Act of June, 1934, against which tien improves, there is a China had repeatedly protested, prospect of financial stability. 2/49 July, buyers at 2/42 April/ raised the price of silver, caused Linking with the Yen would coun- May and 2/4 13/16 and probably a drain of liver from China, and teract the existing dedation and July. brought about a money stringency, give China a 18. 2d. dollar against the present value which is 18, 5d. budgetary dificulties, and a re- striction of China's foreign trade. but which, if the control was re- China attempted to counteract leased, would probably be nearer

15. 10d. these deftationary exects by a measure which was ** tantamount. If either to an embargo on silver exports": but which led to hoarding and snuggling and little alleviation of the situation.

.

measure increased China's foreign trade, the world would benefit. That there is room for such expansion is shown by the fact that China, with almost a quarter of the human race, does at present only 2 per cent of ita for

Mr. Willis mentioned the pos- sibility of China "looking for a currency anchorage outside silver" eign trade.

U, 8. Dollars Business was done early in the afternoon at 57 for near delivery. The market closed with sellers at 511 April/May and 577 June, buy- Ers at 1/8 higher respectively.

H.K. SHAREBROKERS' ASSOCIATION

BUYERS

Bank of East Asia, $80. Douglases, $38. Waterboats, $11. Peak Trams (old), $81. Lights, $9.35. Electrics, $63}. : Constructions (old), $1.40. Constructions (new), 40 cts.. Nanyangs, Skį.

Gold Bands, $2%. Govt Loan 34%. 2%.

SELLERS

Unions, $380:

Big Wedge, 9 cts. Cements (converted), $8,75.

BALES

Antamoks, "75 cts. Lights, $9.30/9.35. Electrics, $84. Constructions (new), 40 ets.

THE RUBBER MARKET

Singapore Prices

from raw

BENJAMIN AND POTIS Messrs. Benjamin and Potts have received the following Straits cur- rency quotations (buyers) Singapore

yesterday for rubber. Bpot

194 ets. unchanged May/June 19) eta, down i ct. · July/Sept 201 cts, unchanged 22 ets. unchanged Oct./Dec. Market. Pull

HL B. JOSEPH & CO. Messrs. H. 9. Joseph and Co., re-i ceived the following Straits Cur- rency quotations from Singapore for Raw Rubber.

Spot July/Sept.. Oct./Dec. Market-Doll."

1

19 down i 201 dower i 217 unch

Selling price 1/4 cent higher on

all positions.

SHIPS IN WIRELESS COMMUNICATION

The list of ships expected to be In wireless communication by the Government Radio Office with Hong Kong yesterday:-.'"

Shinkyo Maru, Kalgan, Mount kynthos, Madras Maru, Kwei Yang, Benrinnes, Hishum Maru, Canton, Nora Maersk, Soochow Hilda Mol ter, Costis, Cremer, Clara Jebsen, Ducalion, Kamo Maru, Katori Maru, President Cleveland, Freal dent Jackson, Asama Maru, Prest- dent Harrison, President Coolidge, Suwa Maru.

SHIPPING MOVEMENTS

Shangbai Dollars

The Blur Funnel Line's steam Business was reported at 143 ship Adrastus will arrive from for near delivery.

Shanghai to-morrow.

Shanghai Market'. Eellers were quoted at 1/77 for. near and 176. Dollars at 40 1/18 for near Firm,

The Blue Funnel Line's steam ship "Bellerophon" will arrive from Kobe on 30th Instant,

| SOVEREIGNI, Bank Buying

BERLIN BOURSE

13

PRESIDENT LINER TRAVEL SERVICE

is Friendly and Complete

One heats a lot of talk about Service, for talk is mighty cheap. But ank anyone who has naveled of President Liners and “. you'll find that on shore, away from home, as well as on shipboard, Pissident Liners' thoroughgoing, friendly service

·Covers everything Go next time on President Liners.

To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days

via Shanghai, Kobe, Yokohama, Honolulu

Fortnightly anilings

Pres. Cleveland.May 7, M'night Pres. Hoover May 18, Noon Prea, Taft... June 4,M'night Pres. Coolidge..June 18, Noon Pres. Pierre...July 9, M'night

EUROPE, NEW YORK"

Lagsirs for round-trip tickata to Europe in connection with Lloyd Driestino.

Via Manila, Singapore, Penang, Colombo Bombay, Buss Canal Alexandria, Naples, Genos,

Marsailles.

Pres. Harrison. Apr. 97,8 a.. Pres. Hayes...May 11,8am. Pres. Johnson...May 95, Sam. Pres. Monroe June 8,8 am, Pres. Van Buren.June 29, 8 am.

via Shanghai, Kobe. Yokohama

Fortoghtly smiling Pres. Jackson, Apr. 97, i a.m. Pres. McKinley May 11,1 am. Pres. Grant ... May 5,1 Fren. Jefferson June 7, M night Prez. Jackson.June 9, M'night

-

ฤ

MANILA

THE MOST FREQUENT

·SERVICE.

fi

Next Sailing's, Pres. Barrison Apr. 17, 8's mo Prea. Cleveland Apr. 30, 6 p.m. Pres McKinley..May 4,6 p.m. Pres. Hoover May 9, 9p.m. Pres. Hay d

.. May 11, 8 am,

DOLLAR STEAMSHIP LINKS

AMERICAN-MAIL LINE

PRUDER BUILDING— BONG KONG.

CANTON BRANOZNĄ, SHAKER BOAD.

LI

VESSELS DUE

CONSIGNEE NOTICES.

NORDDEUTSCHER LLOYD, BREMEN,

THE Motor Ship

T

TRAVE aving arrived from BREMEN, BAM- BURG and Porte, Consignees of cargo are hereby notified that their cargo is being. landed at their rink into the Go. downs of the Hong Kong and Kowloon Wharf and Godown Co., Ltd. Whares Delivery man Le pblained fed that

Kowloca

Consignees are further

the Motor ship TRAVE" has taken HAMBURG and BREMEN through Cargo for HONG KONG ex. 8.8. "LUDWIG, 8 "Jo", 8.8. "LIKE"

VIGORZANDA" and S.B.LU

8.8.

8.8,

(Special to the "Hong Kong Daily Press" (Copyright).]

Africa Maru, 0.5.5. May 4. Berlin Apr. 24.

Agra, Gilman's, May 23. The stock offered exceeded de- Ajz, B. & B., May. 10. mand" on the sharemarket so that Alster, Melchers, May 16.

Antenor, B. & S., April 23. most

weakricss prices showed

Anyo Maru, N.T.E., April 21. though the declines were kept

Asams Maru, N.Y.E., April 26. within narrow imits. The turn-Bellerophon, B. & S., April 30.

Benrooch, Gibb's, May 2 over was small, the public show-

Beanevis, Gibb’e, May 7. Ing Uttle enterprise and the dea- lers great caution, Fixed inter- Bintang, East Asiatic Co.; May 8.

Bonnevilla, Jebsen's, May 6. est securities were dull.

Chenonceaux, Messageries, May 4.. Call Money 3 to 31, Young Loan

City of Bristol, Bank Lips, May 9. rose to 1031, Reichsbank declin-City of Eastbourne, Bank Line, May 7. ed 1 to 160, Dyetrasts weakened City of Wellington, Bank Line, Hayat

to 1484. Salzdetfurth Potash Conte Rosso, Lloyd Triestino, May 4. down t to 1592, German Steel D'Artagnan, Messageries, May 18.

Deli Mara, 0.6.K., April 37. Trusts lower to 78, German Mineral Oils weaker to 1061: Ste- Donau, Melchers', May 31.

Empress of Asia, C.P.6., May 2. menshalske declined i to 150, Bem-

Emp. of Japan, C.P.S., May 10. berg Rayon down to 1157-

Empress of Rumia, C.P.S., May 1, Transocean Kuo Min.

Friderun, Melchers', Bay 27. General Pershing, States, April 26, General Sherman, States Co., May 17. Glanears, Jardine's, May 1. Golden Mountain, States Co., May 1. Hai Las, Thoresen's, April 30. Haining, Dougler, May 2. Hector, B. & S., May 23. Hosang, Jardine's, May 2. Iows, States Co., April 27. Trisbank, Bank Line, May 22. Javaness Prince, Furness', May 3 Jayporn, P. & O., May 3, Kamo Mar, N.I.K., April 20. Kashims Maru, NY. April 20. Mayebaahi Marn, NYK., April 17. Moncalieri, Lloyd Triestino, May 9. Nanking, Gümsa's, April 26.

REICHSMARK QUOTA, TIONS

[Special to the "Hong Kong Dalls Press" (Copyright).]

Berlin Apr: 24. Reichsmark quotations (without guarantee).;— - New York Parla

Amsterdams

London Parks Sterling Dollar Transocean Kuo Min.

40.27 .610.75

.59.53

.12.01

.79.33

15.18

..

THE DUCHESS OF YORK

Launches A Liner

(Special Air Mail Service)

*VICTORIA” from HALLSTAVIE, OSLO, GOTHENBURG, KOTKA, HELBINGFORS, BAUMO and. STOCKHOLM.

All Goods remaining undelivered after the 1st May, 1935, will be subject to Bent.

No Fire Insurance will be effected by na in any on whatever.

Damaged Packages must be left in the Godown for examination by the Cox- signoos and the Company's Burveyor, Mésura. Andarson & Asho, at 10 am, on the 30th April, 1985. Consignees must

have a "Berozwę in attendance when damaged

108oods are siamined by the

Company's surveyors

No Chaim will be admitted after the Gooda hare lift the Godown kod all claims must be presented within Two Weeks of the Ship's" surival here, which date they will not be recognised.

Consignees are requested to warrender their Billa of Lading to the Undersigned. for Countersiganture,

11

MELŐRERS & 00.

Agents:

NORED EUTECVas Lloyd, Banten, Hong Kong, 24th April, 1995:

CONSIGNEE NOTICE

8.8. "PORTHOS"

BRINGING CARGO Fac MARSEILLES, Kro

F8463

Nellore, E. & A. 8.S. Ca., April 29. Neptuns, Gibb's, May 14. Nora Haarak, Jabwen's, April 26. Oder, Melchers', April 27. Oldenburg, Jebeen's, May 13. Oliva," Jebsen's, May 4. Patroclus, B. & S., May 8. Peter Maerak, Jebsen's, May 10. London, April 8. Parsons, B. & 8., May 20. Four thousand school children Porthos, Messageries', May 7. were among the crowd which President Cleveland, Dollar's, April 29. watched the Duchess of York President Harrison, Dollar's, April 28. SERVICES CONTRACTUELS DES President Jackson, A.M. Lina, April 28.

·MESSAGERIES · MARITIMES. launch the new F. and O. Hiner Pyrrhus, B. & S., May 7. Strathmore at Barrow to-day.

Rajpatson, P. & 0., May 15. Sir Charles Craven, managing || Ranchi, P.' & O., May 5.. director of Vickers Armstrongs, · Ramises, Jobsen's, April. 27. announced that the company had Hanpura, P. & C., May 1.. purchased the ship repairing and Saarbrucken, Melchers, Kay

Bachsen, Jebsen's, May 24, dry dock business of Palmers at

Santhia B.I. (Apcar), May 14, Hebburn.

Exuerland, Jebsen's, May 23. Beistan, Douglas, April 27. Shanbing, Gilman's, May 3. Biveroprose, Furness, May. 19. Somali, P. & O., May 15. Somerville, Bank Line, -May 21. Built by Vickers-Armstrong, the Boudan, P. & O., April 26

Bawn Maru, N.Y.K., April 27. in the Taifan Mars, 0.8.5, April 7 Strathmore, is the largest ship laid Buyo Mam, N.V.K., April 77. down for the P. and O company's 100 years history, and Talthybius, B. & S., May 6. she will be the fastest-vessel bulit Talplug, B. & B., May 7. for the Europe-India service, Tands, E. & 8.8. C., May 4.

The Hon Alexander Shaw, Tazored, Thoresen's, May 8. chairman of the P. and O., said: Tilaws, B.J. (Apoar), April 90. "The vessel which the Duchess of Tikarang, J.C.J. Line, May 11. York has launched to-day is a Tinegara, J.C.J. Line, May 14, Tjisadane, J.C.3. Line, April 30, new link of Empire. It is more. To J.C.J Line, April 26. It is a link forged by British pri Tottori Maru, N.Y.E. Apr 28, vate enterprise without":"public" Trave, Malchers', May 29, assistance. To all those who value Tricolor, Dodwell's, May 17, our maritime traditions it matters Trier, Melobert, Mar 3 much that British shipping should Triabank, Bank Line, May 22 never be reduced to a position

We hope," he said, "we shall be able to do something towards increasing employment in one of the most distressed areas of the country.""

where it must be on the dolerable to be a sure and commandable

The Duke of York said: “A ship ambasador or goodwill

of peace starts out on her career she safe”

JONSIGNEES are hereby informed: that their goods withile exception of Opium, Treasure and Valusblós are being larded and stored into the Go downs of Hong Kong Kowloon Wharf Godowns Co., Ltd, Kowicor, whence delivery may be obtained immediately after landing,

All alaims must be sent in to me on or before the 30th fnstant or they will not be recognised speed

Damaged Package will be ermined by the Company's - Burveyor, Measra, Goddard & Douglas in the presence of the Consignees at 10:00 am, on Friday, 20th

have

COHR HOOK MUSÉ

Offlow in attendance when any damag ed dutiable goods are examined by the Company's Barreyors, den paikk

*No Pire însursace will be effected by

in at y case whatavar.

OHL

Agent.

Hong Kong 20th April, 1935,

JB453