1935-05-11 — Page 13

NORD LLOYD

THAMBURGʻAMERIKA LINIE: * NORDDEUTSCHER LLOYD

Far Eastern Mail Passenger and Freight Service

Through bookinga to Amarica via Enïope and Europe via dixerica." Bookings around the world. Through bookinge, to London,

*(NDL)."

"ÅLSTER"..

+

...... 20th May

OUTWARD SAILINGS *(BAL) 85,"OLDENBURG" for Shanghai, Taku. Dairen,

Taingiau, bann, Koke, Mojilath May for Shanghai, Taku, Dairen, Tsingtau, 'hama, bagoya, Kobe, Osaka + (HAL) m.v. "SAUERLAND "...for Shanghai, Dairen, Tako, Kobe, Osaka, Yokohama, Sag ya.....

...23rd May for Shanghai. Teku. Dairou, Tringtau, Yhama, Nagoya, "Kobe

for Shanghai, Taku, Dairen.

Taingtau, Kobe, Osaka... .. 8th June"

*(NDL). "DONAU "...

+(HAL) m...“ BURGENLAND'

† (NDL) 4. “SCHARNHORST

2400903 1904, p. 31st May

for 8'h+1,. Yokohama, Kobe.............. 11th Jans HOMEWARD SAILINGS

*(NDL) .s." MO · EL

†(HAL) in v. “RAMSES”.....

......for Genoa, Marseilles, Oran, Casablazca, Havre, B'dam.. Hamburg, Bremen....... 14th May (NDE) m. "TRAVE"...........for Genos, Miles, Casablanca,

R'dam,, Hamburg, Bremen...26th May for Genos, Rotterdam, H'burg-

27th May (NDL)....“ SCHLESION ".....for Marseilles, Oran, Havre, A'werp., 'dam, Hamburg. Bremen * (HAL) #1. “OLDENBURG” for Genos, Marseilles, Antwerp,

R'dam, 'burg †(HAL) m.v.“ SAUERLAND” for Genoa, Barcelona, R'dam.,

Hamb......

4 Passenger Vessel. Limited Prasenger Accommodation.

19th May

13th Jana

22nd June

N.D.L. HONGKONG/SOUTH SEA ISLANDS SERVICE. *** FRIDERUN" 2nd June, to MADANG,

SALAMAUA, BABAUL and Porta.

For farther particulam and passage farss, etc. apply to - HAMBURG AMERIKA LINIENORDDEUTSCHER LLOYD JEBSEN & CO., AGENTS,

19, Fedder Street, Tel. 29383.

MELCHERS & CO., AGENTE, Queen's Building, Tel. 28378.

CANTON“ AGENTS : CARLOWITZ & CO., Shakee Road.

MAER

LIN

JEBSEN & CO., Shameen. B. O,

MAERSK LINE

Fast regular FREIGHT aso

PASSENGER SERVICE

VIL

Shanghai, and Japan

to

HONG KONG DAILY PRESS, SATURDAY, MAY 11, 1935,

ነፋ

H. K. STOCK

EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

com-

We had a steady market during the week with more enquiries for most of the public utility parties Banks came to business at $970/$1.600, China Lights at 8.35, Lands at 336/$35 and Tele- phones (old) at $19.15/194..

LONDON EXCHANGE RATES

Buenos Aire Copenhagen Geneva Helsingfors Business Done During The Week Hongkong

Hong Kong Banks, $980. $970. | Lisbon

$975, $087), $1,000. Union Insurances, $350, $360,

$355, $370/360...

E. K. Steamboats, $4. Wharves (Ex. Rights). $84. Wharves (Rights), $9, Hotels, $4,10. $4.05, $4. Lands, $38. $35. Tramways, $13, $13.33. Electrics, $60, Telephones (old), $191. Dairy Farms, $14.

Govt, 4% Loan. 0% Frem, Govt. 34 Loan, 24% Prem. Ch. Govt 5% G3 Bonds, 92%. Changes (3.15 p.m.) Closing Quotations

NO CHANGES

THE EXCHANGE

MARKET

MESSRS, ROZA BROS

Silver prices were again lower yesterday to the extent of 5/16 for both deliveries, the quotations being 32 for Ready and 32 11/16 for Forward. Advices received re- ported China and India as having 'operated both ways. The market closed firm. "In America the rate was quoted at 71 for Spot

The New York/London cross- rate was quoted at 4.854 and Lon- don/New York 4.85.

Market.

Opened steady but subsequently firmed up due to selling pressure on the part of local speculatora.

Sterling

Madrid

(Baits WiKLESS SERTION » Sterling Farity

¿

Amsterdam Athens Belgrade. Berlin Bombay Brussels

do 1210 Florin

... 315 Drachazza ......... 176,316 Dinars

May 7.15

May,

7.17

..........-90.43 Markı la 6d. per Hupee

12.04

13.07

.....................

38' Bolna

28.80

28.67

Buckarmat

*********** 413,888 Lei

47.55d. per Pesc

19.139 Krones

25.294 Francs

14.964

-15

.........4–193.25 Marki

སྐན་པ་་་རྨས་ཏ་ནྣིལ་ར 110 Escudos 25.921. Pesatas

2/41

2/4 7/16

35 13/32

35+

91.48 Lir

58 23/32

· 587.

30.88d. per Peso

401 9.0.

********

4.867 Dollars 4.967 Dollars 18.150 Kroner 124.21 Fration 164,25 Kronen 26.93d per Gold Milecie

4.851 4.84

4.85

73 27/64"

73 99/64

1161

•1/81

1/BL

18,139, Kronor 34.58) Schillings 84.68d. per Yea

32 13/16 33

321

.....24%

32 11/15 31% 108

1:

Milan...... Montevideo Montreal New York Osla

Paris... Pragus

Rio de Janeiro

Shanghai Stockholm...... Visaua

Yokohama....

13

Closing Quotations

O Naw YoRK --

401 8.0. 4.851

Baak Bills, on demand s6j. pe Credita, 60 days' night. 66} ON BATAVIA Lem

PRESIDENT LINER TRAVEL SERVICE

makes Traveling Effortless

President Liners" frequent smilings and their unique stopover privileges allow you to travel just exactly as you choose. And Dellar Steamship Lines and American Mall Lino world," wide offices and agents core maintained to serve you ashore in whatever place you chance to be. Make your next trip more enjoyable, travelling "the President Liner way.

To SAN FRANCISCO 18 Days To VICTORIA, SEATTLË 17 Days via Shanghai, Kobe, via Shanghai. Kabe Yokohama, Honolulu

Yokohama

Fortnightly sailings

Prea Foorer May 18.... Noon Pren. Taft... June, 'night Pres. Coolidge one 15, 11 ■.m. Pres. Fierce.. Faly 9, Might Pres. H over. July 13, 10 am

EUROPE, KEW YORK

Inquire for round-trip Mokade to Europe in connection with Lloyd ArbetÍZO. Via Mania, Singapore, Penang, Colomba. Bombay, Buez Canal alexandria, Haplos Eisscs, Margalles.

· Fortasghtly › sailing Pres Grant"... May 16, 1 am. Pres. Jefferson Jane 7. night Pres. Jackson June 11, M'night Prea. McKinley July 5, M'night Pres. Grat .. July 19, M'night

MANILA

THE MOST FREQUENT SERVICA

Next Bailings st Pres. Johnign... May 25, 9 .m. Free. Grant" May 18, 6 p.m. Pres. Honroe Jure &8am. Fres. Johnson... May 36, 8 a m. Fr. Van Buren. Jure 99,8. | Pres Tafe... May 28, 6 pm. Pres. Garfield July 6,8am. Pres. Jeferson Jaze 1. p.m. Pres. Folk....July 20, 8 wm: | Pres. Coolidge.. June 6, 9p.m.

DOLLAR STRANSHIP LINES AMERICAN MAIL LINE

Silves (spot).......

Silver (forward)

War Lond

May 10 1035

UN LONDON

Telegraphic Translor... Bank Bills, on demand Bank Bills, 4 months".

sight

On demand

839

2/1

ON PARE:-

Credits, four months'

sight

Bank Billa, on demand +371

2/54

Credita, 4 months' sight 9074

US. SAIGON

On Demand M.. ...$39. Ox SINGAPORE :---

On demand

851

113

ON SHAMBHAI:--

. On demand

On JAPAN:-

On demand

On India:

..... 187]

Telegraphie Transfer... Bank, on demand

„ON MANILA, Juan

On demand

On Bangkok:-

On demand

Sūversions, Bank- Buying

Itate ......

Ban 2511 vão, per o

PROLONGING THE TRADE POLICY

SLUMP

Britain Accused -

For The Future

LOS ANGELES, PANAMA, NEW YORK, BOSTON, June, 2/4 13/16 for June and 2/4 according to Mr. Emerson Bigelow, worked against ourselves.

PHILADELPHIA & BALTIMORE.

If sufficient inducement ofers also other ports of call.

Arrivals from U.S.A.

18th May

M.V. PETER MÄERSK"

grid June"

·M.V. “NIEL MAERSK"

Beiings to USA.

8th June 27th June

(All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGERS

AT MODERATE RATES....

For Freight and Passage please apply:-

JEBSEN & CO.

Canton, Shamsen, B.C. Agents. Hong Kong, Peider Bailding.

Tel 10916.

THE RUBBER MARKET

Singapore Prices

BENJAMIN AND POTTS Messrs. Benjamin and Potts have received the following Straits cur- rency quotations (buyera) from Singapore yesterday for rubber,

Spot

June

raw

19 cts. up ct. 194 cts. up i ct.

ct.

July/Sept. 204 cts. up à ct. July/Sept." 201 cts up Oct./Dec. 21 cts, up i et Market. Steady.

J

H. B. JOSEPH & CO.

Messrs. H. B. Joseph and Co., re- ceived the following Straits-Cur-, rency quotations from Singapare for Raw Rubber.

Tel. 28363.

SHARE NOTES

The following was forwarded to us by Messrs. Carroll Brothers:—

Antamok Goldfields Mining Co. -Total tonnage talled during March was 11.730 tons with a bul- lion production of 3,423.15 of Gold and 2,976,97 ozs. of Suver valued

at Pesos 243,463.18.

been

The market opened with sellers at 2/41, buyers bidding" 2/44 re-

Mr. Baldwin, speaking at a din- sulting in business, at the latter

ner of the Liverpool Chamber of rate for June delivery. The sell- British capitalists" through the Commerce suggested that a ten- ing rate then gradually rose to Bank of England are deliberately dency would be for this country to 2/4 at which rate business was prolonging the world depression intum sway from quotas in the done for near ang forward follow-

direction of tarifs. We had had an exort to rid England of war ed by transactions at 2/42 July, debts without technical-default,some experience of quotas being

7/8 July. The market market foreign exchange expert, in B "This Government has closed at lunch time with sellers interview recently.

making experiments,” Mr. Baldwin at 2/41 May, 2/4 13/18 June and

Mr. Bigelow also alleges that in-

went on," and some of the expert- probably 2/4 July, buyers at 2/41ternational markets are at the ments have been in the direction May/June and 2/4 15/16 July.

mercy of the

British exchange which I know few of you like, and that the which I don't think we live our- equalisation fund; and fund is deliberately holding re-selves in the direction of quotas. covery back through progressive price deflation, Britain's prime on the feeling of business men, as "It is not for me to speak to-day move being to force an agreement I have been for many years out at lunch time with sellers at 581

on the American war debt." May/June and 581 July, buyers

"How can British capitalists at 1/8 higher respectively,

expect others to pay Britain what Shanghai Dollars.

is owed her in the future." Mr. Sellers were quoted at 140 for Bigelow demanded, "if Britain near delivery.

U.S. DollarE

Opened with sellers at 57 rising subsequently to 577 with small business cone at 58 for cash" anr 58 August. The market closed

:

Shanghai Market Sellers were quoted early in the morning at 1/81 for near arid closing with sellers at 1/8 5/16 cash. Steady. US. Dollars. There were sellers early in the morning at, 407 and towards noon sellers were indicated at 41 1/16 for near Steady.

IN THE AFTERNOON The market was Arm in the afternoon.

Sterling

after the opening at 2/4 13/16 fol- In Sterling business was done

lowed by transactions at 2/4 15/16 Baguio Gold Mining Co.-During for July and 2/5 July. Towards March Hagulo Gold milled 3,830 the close the market eased off tons of Ore which yielded 1,067.62 lightly and business was done at azs of Gold and 630.32 ozs of Bil-2/41 for June and

second half ver valued at Pesos 75,383.80 on June, finishing with sellers at current US. Treasury prices 2/43 May/June. 2/4 13/18 July, buyers at 2/4 13/16 for near and probably June and 2/4j July.

U.S. Dollars

these metals.

Gold River Mining Go.-The min is now operating at a dally capa-

Business was done at 68 for city of over 100 tons. The grade of ore mtiled has improved con- Jaly delivery and 584 for June.

deliveries siderably since Sellers

were The market closed with sellers at switched to the Ring side, milling 58 May 581 June and 58 5/15 July, of Subsing side ore having been buyers at 58 May and probably discontinued for the present. The June and 581 July.

Buyers

19 up 191 224 up

22+ 201 up 214 up i

201

214

sticky condition of the ore that caused difficulties in its treatment

has been remedied by the instal-

Spot Jan./Mar. July/Bept. Oct./Dec. Market-Steadier.

H.K. SHAREBROKERS'

ASSOCIATION

BUYERS

Nat. Com. Bank, $4).

Unions, $355. . .

Douglases, $381." Waterboats, $111. -Antamoks, 671 cts.

Baguio Gold, 21 cts,

Beng Consolidateds, $10.

Gold Rivers, 5 cts.

Salacots, 11 cts.

United Paracales, 28, etc.

*Lights, $8.30.

Electrics. 200. Entertainments, $5.

defaults now?

of business; but I do feel that if their minds are as they were when I was in business, one would much rather have a duty and have done with it, and know what it was then find quotas being shifted about from day to day.

The World's Banker "To become the world's banker again Britain must acquire new

INDIA COTTON HOPE capital funds, and these can only be had by her again becoming that in the fiscal policy of this "I think it is extremely likely creditor on balance, The only country-again, I say, whatever obstacle to Britain's becoming Government may be in power, for creditor at present is the

we can assume duties have come debts she owes America.

These to stay, at any rate for some time must either be paid off or wiped the tendency will be to get away,

the system of duties.”. from the quota system and rely on

out

"Britain wants to settle by stugle payment because those in charge of her financial affairs feel that 50 years the length of the present war debt arrangements too long to wait before becoming world creditors.

Lack of Confidence" "

a continuance of the world de- lemn." pression.

- . - ייר:

FADDAR, BUILDING-HUNG KONG.;

CARTON BELFOR 2016, SHAKEN MOLD,

NOTICE TO CONSIGNPES.

OOBAN STEAMBRIP CO, LTD

OHINA MUTUAL STEAM

NAVIGATION COM LIND.”.

(YONSIGNEES per Co.'s Vessel·

"AJAX"

FROM UNITED KINGDOM VIL SINGAPORE. DE are hereby notified that their carga will be discharged into Holl's Wharf Kowloon, where it will liest. Conse nees' risk and subject to terms and conditions of storage at Holt's. The Cargo will be ready for del from Godown on and aftar 10th

Optional cage will Male here, unless arrival hat carried on from port to port to the final port

prior to

notice has boon giyas

of call to which the option extendic

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

No claims will be admitted after the Gloods have left the steamer's Godown, and all Goods remaining undelivered after the Ith May, will be subject to rent

All Claims against the Steamer muan be presented to the undersigned on or before the 30th May, 1935, or they will not be recognised.

No Fire Insurance will be effected BUTTERFIELD & BWIKE,

Agenta. 10th May, 1935.

VESSELS DUE

CONSIGNEE NOTICES,

SERVICE CONTRACTUELS DES MESSAGERIES MARITIMES.

CONSIGNEE NOTICE

8,8." CHENONCEAUX

BRINGING CARGO FROM MARSEILLES, ETC.

CONSIGNEES are hereby informed

at their goc de with the exception of Opiamy Tressum and Valuabler are: being landed & stored into the godowar of the Hong Kong Kowloon Wharf and Godown La, Lid, Kowloon, whence delivery may be obtained immediately after landing,

All Claims must be sent in je me ou or before the 16th May, 1935, or they will not be recognised,

the 10th May, will be anbject to storage Goods remaining in the Godown after

arges,

י-|

Damaged Packages will be ezamizjock by the Company's Surveyors, Mears, Goddard & Douglas in the presence of the Consignees at 10.00 am. on Fri day, 10th May, 1935.

Consigneen must have a Reysone Officer in attendance when any dutable goods are examined by the Company's Borveyors...

No Fire Insurance will be effected by wn in any case whatever."

B OBL agent

Hong Kong, 4th May, 1935.

13603

CONSIGNEES NOTICE THE HEN LINE STEAMERS,

LIMITED -

FROM LEITH, HIDDLESBRO, ANTWERP, LONDON, "AND STRAITS,

The Beamship

* BENREQUB”

CONSIGNERS of Cargo are hereby

informed that all Goods are being landed at their rak ittho the hazardou and/or arten hutärious Godorna of the Home Kone and Kowloon, WZANE, AND | GoDow Commany, Lru, whance andlow me whacine - Dolbrary may

Achillen, B. & E., May 15: Agapenor, B. & B., June. Referring to cotton exports to | Agra, Gilman's, May 2. " India, Mr. Baldwin said with Alter, Melchers, May 16. sympathy in India you may get Aramis, Mesageries, June 14.

Athos 11, Messageries", Juns" - 1. what we have begun to get, and Airuta Maru, N.YK, May 16, what some years ago we were told Bangalore, P. & D., June 11. to collect was impossible, and that is a pre- Burdwan, P. & 04, May 24. "I Britain plans. future loans she cannot very well ference as against any other mak-Burgenland, Jebsen's, June 6. establish the precedent of defaulters of cotton goods in that great Calchas, B. & S., June 17. which she constantly tries to ex- market.

Carthage, P. & O., Juna: 12. plan away by posing as being "In the same way with Japan Conte Rosso, Lloyd Triestino, May 19.

Chenonceaux, Messageries', May 41. unable to pay, though willing. I have discussed this with people Conte Verde, Lloyd Triestino, June 1

who have been there. I still be D'Artagnan, Messageries', May 18. "Her present method of manag-lieve it will be practicable to do Donau, Melchers', May 81. ed currency prolongs her inability something with Japan by agree- Durban Maru, N.Y.E, May 12. to pay, however, by contributing ment. If you fail then you are Empress of Asia, C.P.5, May 22. directly to the factors making for up against a very difficult prob- Empress of Russia, C.F.S., June 19, Empress of Cazade, C.P.8., June 7

Pridarun, Melchers', May 27. Mr. Baldwin also made a refer- Fushimi Haru, NY.E., May 11. "She persists in keeping prices ence to the speculations which had General Lee, States Co., June 7- at. so low a level that countries recently taken place in regard to

General Sherman, Stater Co., Tay 17 such as the United States, which shellac and pepper. "I do not Golden Dragon States fo., May 20 need higher prices for their re--I wish now that they are under Haiyang Douglas, May 9, Haining, Douglas, May 13, It is hoped that the ore so far

covery, cannot recover. The launching of the developed will be sufficient to

vestigation," he said, "to make any keep the mill running until the sea, the third ship built for possible on the level of present that our reputation stroad has

"Even her own recovery, while comment on them except the completion of the new develop the Norddeutscher Lloyd Bremen, day prices, is questionable. That not been helped by what has

will take place, at the Act. Ges.counts for the growing lack of appeared, The Arst pouring took place on Weser" yards of the Deutsche British public at large in Neville Board of Trade did quite right to conndence on the part of the "I think the President of the 18th Apr yielding bullion of an Schiff und Maschinenbaw - Ak-Chamberlain's gamble of attempt point out that such transactions estimated value of Pesos 20,000 tiengesellschaft on May 17th 1935. approximately.

This ship, too, is about 18,000 to deflate world prices; includ- are entirely different from what tons gross and is atted out withng those of America, unta he may be called speculative transac absolutely modern appointments obtains cancellation of the war tions in connection with the form for accommodating passengers in

exchange and the cotton exchange. the 1st class ́ ́and Tourist-class,

Every honest and honourable which latter is an innovation in "Gneisenan" cover the distance man of business knows the differ- the German, Far East traffic. Just from Genoa to Hong Kong or ence between legitimate and legi like the "Bcharnhorst" and "Pote vice versa in 21 days. The first timate speculation, and no meo par Maarak, Jobaan's May 15 dam" the other two vessels for outward-bound voyage of the is are more hard on the legitimate prendand Grant, AM. Line, May 177 the Norddeutscher Lloyd Far East | “Gneisenau“ from Bremen has | speculators-than the legitimate: Prezident Hoovar, Bolli?i= May, 11 ch Express Service, so too, will the been fixed for December 6th. 1935, specula

President Johnson, Dollar MY APARTMEN

dation of a washer.

ment campaign.

Constructions (new), 35 cta, Nanyangs, $41.

Govt. Loan 31%, 3%. Gold

Bonds, 92%

SALES

· Lights, 38,40, **

Dairy Farms, $24.

NEW LINER FOR FAR EAST

"Goel-

the Far East Express Service of

debts,

said Mar, 0.8K, June 9. Irisbank, Bank Line, May 22 Hector, B. & S., May 23.

Kumsang, Jardines May Mantus, P. & Op May M Moscathens, B. & S., June 7.

onepleri, Lloyd Triestino, May 15 Mool, Malchers, May 14. "Montevideo Maro, 0.6.E., May 21.9025 Nalders, P. & O., May 17 Nankin, E. & A. S.S. Co., June Nanking, Gilman's, Jana 3. Neptuna, Gibb's, May 14, Niel Knorak, Jebsen's June 2, Oldenburg, Jebsen's May: Penang Maru, NTE, May 1 Persens, B. & 8, May 20

EDNo. Clažne will be

Good

Godowns, and all. remaining undervered after the Mayyifday will be subject to rink, Raims against the Biegruer mat

the Underigned on 26th May,

1938

DIY

отвв

the General Bonded

CH Ax Kong, Ik May, 1955.

table