LLOYD TRIESTINO
CLOTTE RIUNITE FLOYD TRE STING-MARITIMA ITALIANA-KITMAN
EXPRESS PASSENGER SERVICE
FAR-EAST - INDIA
ITALY
TAKE ADVANTAGE of our SPECIAL REDUCED TWO MONTHS RETURN TICKETS allowing a stop over of about 8 -weeks in India, 9 weeks in Ceylon or 10 weeks in the Stenita.
FÄRES FROM HONG KONG
To
1st.
2nd. 2nd. Econ. class
Bombay
£44
£25
£91
Colombo
£23
£19
“Singapore ****
£13.
BUL
NEXT SAILING'S.S. **CONTE ROSSO" 12th July, 1935. Same reduced RETURN TICKETS to SHANGHAI
Ist. ol. £12, 2nd. el. £9, 2nd. Econ. el. £8.
NEXT SAILING S8 "CONTE ROSSO" 20,700 T. 4th July, 1835.
For full particulars apply to:
LLOYD, TRIESTINO Queen' Building, Ground Floor,
Telephone 32981.
Twl. Add: "LLOYDIAÑO"
Agents in CANTON
P. O. Box 143,
DODWELL & CO., LTD., SHAMKEN.
CROSS AMERICA IN
RESTFUL. COMFORT.
HONG KONG DAILY PRESS, FRIDAY, JUNE 14, 1935.
H. K. STOCK
EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS
LONDON EXCHANGE RATES
Sterling Parily
(BRITE WIESLIE ŠERTION A
Amateriam
13:10 Florins
June, 11. 7.291
Athena
375 Drachma
June 12 7.294 $15 8.
Belgrade ...... Berlin... Bombar
176,316 Dinazi
208.
90.48 Markt 12.22
12.32
1s. ad per Bupe
........... 3. BolgaIN,
28.14
******** 833,568 L 485
4871
47.38d. per Beac
18:169 Eroner
15.141
15.11
193.23 Marks .227)
327
2/43
110 Escudos
£5.99 Posetas
36.3/32
361
.92.46 Lir
59 13/16
503
The market opened a little easter in some sections probably owing| Bramain to proft. taking but there was no great pressurs to sell. Electrics came to business at $571⁄2 and Tele- Banks phones (Old) at $20.10.
and Unions were in demand at slightly under quotations.
BUYERS
Itogona, 31 cts.
H. K, Realties $
Telephones (Old), $20.
Singapore Tractions. 10/6.5 Singapore Tractions (Pref), 22/6. Watsons, $34.
Govt. 4% Loan, 53% Frem... Govt. 31% Loan, 2% Prem.
SELLERS
Hongkong Banks. $1025. Unior Insurances, $344. Gold Rivers, 5 cts. Wharves (Cum. Rights), $81. Wharves (Ex. Rights), $80. Wharves, (Rights), $2.
Hong Kong Trams, $13.40 China Lights, $87.
Sandakan Lights, $5. - Wallace Harpers, $5.
SALES
Hongkong Banks, $1025/1040.
Union Insurances, $347į,
Artamoks, 71, cts.
Hotels, $4,35.
Star Ferries, $77.
China Lights, $8.85. Electrics, $574!
Telephones (Old), $20.10,
Bucharest Buenos Aires Copeubagen
Gapers. Helsingfori
Hongkong
Lisbon
· 95.23) | FranCI
Madrid
Milan.......
Montevideo
Montres!
New York
4.94 4.931.
Oslo
Paris
Prague.
....................... 194.1 Franc
164. Kronen
74 48/64
118
....... 80.86d. per Peso
4.887 Dolları 4.867 Dollar 18.150 Kroner
391 $0.
391,6. O. 4.941
@ 4.93%
74" 51/64 1181
843
PRESIDENT LINERS TOURIST CLASS
Superb Cuisine, Every Comfort!
Have you ever traveled on President Liners? If you have, you know very well what pleasure a trip on any one of them - always is... And now, with the new Tourist Class, the cu- sine, the conventences and the little extra comforts of these large, amboih-riding linem may be enjoyed at greatly re- duced fares! Investigate Before booking your next passage.
TO SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly leallings
Fres, Coolidge June 15, 11 sm. Pres: Pierce...0
July 2, 'night Pres. Hoover. July 13.10 m. Fren. Wilson... July 30, night Pres, Coolidge. . Aug. 10, 8 m.
EUROPE, NEW, YOBK
Inquire for roundtrip Kokets to Euroso in connection with Lloyd Triestino.
Via Manila, Singapore, Penang, Colombe Bombay, Suar Canal Alexandria, Naples, Ganos, Marsailles.
Pres. Van Buren..June 27, 8 a.m. Pres. Garfield July 6,8 a.10. Pres. Polk.....July 20, 8 am.. Prea, Adams........ Aug.2, 9 am. Pres. Harrison...Ang. 17, 8 a.m.
via Shanghai, Kobe.
Tokohama
Fortwghtly sailing · Pres. Jackson, June 21, "M'night" Fres. McKinley, July A, M'night Pres. Grant.. July 19, M'night Pres. Jeferson. Ang.", M'night Pres. Jackson Aug. 16, M night
MANILA
THE MOST FREQUENT SERVICE
Next Sailingo. Pres. Jackson... June 15, 6 pm, Pres. Van Buren June 12,88.00. Pres. Pierce.. June 25, 6 p.m. Pres. McKinley..June 29, 6 p.m. Pres, Hoover. July 4, 9p.m.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
Rio de Janeiro ..... 28.29daper Gold
Shanghai
Stockholm Vienna
Yokohama
Silver (spot)....
Silver (forward)
War Loan
ON LONDON:-
Milreis
1/71
1/8
18.150 Kronor 34.56) Schillings a
94.58d. per Ten
33 3/16
33 7/16
$4% 31% 105 7/16.
32 13/16 33 1/16 34% 105
Closing Quotations.......
Telegraphic Transfor... Bank Billa, on demand Bank Bills, 4 mouths'
sight
ད་
ין
ON NEW YORK :~~.
June 18 1935.
A
Bank Bilis, en demand 51 Credits, 60 day.' sight. dni ON BATAYLA:---
On demand
ON PAMIS:-
Bank Bills, on demand 8:0
201
Oredita, 4 months' nigh: 120
IN SHANGHAI ¦--
UN SAIGON:-
On Demand 140
Ou demand
ON SINGAPORE : ----
ON MANILA-
On demand
981
On demand
115
ON JAPAN :-
ON BANGKOK:
On deinand
194
Credits, four months'
night
on the swift, all-luxury train-the famous Olympian over the scenic short route of the Milwaukee Road-electrified for 656 smooth miles.
]
You'll enjoy its sootless, cinderless climb over four mountain ranges-its modern air condition- ing its soft beds and luxurious accommoda- dions its friendly service-its delightful food.
ONE WAY FARES FROM SEATTLE TO Chicago, Ill. New York, N.Y. Washington, D. C. Montreal, Quebec Alaw round trip forai
1
DELVAN Coock
Tourist 1st Clas
$34.50 $42.90 $6434 70.70 73.60 95.04 67.78 70.68 92.12 43.83 68.27 88.68
★ Sleeper forms 'axtra
For further information inquire of US MENTER steamship office, any Travel Buream, of
ERIC MARSHALL, A 2008, 902 Government 3c, Victoria. 11. C.
F.J. CALKINS. Cenéral Azvat, 793 Granville St, Vancouver. XC.
RP. MANDALL, Darkct, Pau Azini, 651. Market ... San Francisco, Cal
P. BAIN, A vùi Cm. Pan, Agent, Seattle, Washington,
GEO. E. HAYNEM Päin Tragic Mgn, Chienen, 134.
M
CHICAGO MILWAUKEE
ST PAUL
PACIFIC
Th
MILWAUKEE ROAD Operating 41% of the electrical main line mileage in the United States
Cerebos Salt
Never varies in its fine white purity
SERVICE TO READERS
EREBOS SALT
NOTICE TO CONSIGNEFS.
|--OCEAN. STRAM SHIP CO, LTD).
AND CHINA MUTUAL STEAM THE HONG KONG
NAVIGATION CO., LTD. DAILY PRESS, LTD., and the HONG KONG CONSIGNITION
MONSIGNEES per Co.'s Verai“
WEEKLY PRESS, through
FROM NEW YORK VIA MANILA are hereby notified that their Cargo their London Office, at 53,ll be discharged into
Wharf, Kowloon, where it will be at FLEET STREET, F. C. 4, Tel Consignees risk and subject to Tarms
and Conditions of Storage at Holt 3137, are prepared to give Wharf. The Cargo will be ready for Delivery trom Godown on and -after -13th Juno Subscribers and
Visitors
唱
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Silver prices dropped 3/8 yeater- day for both deliveries, the quota- tions being 32 13/16 for near and 33-1/16 for Forward. China sold. India and speculators bought. The tore was frmer after the close owing to speculative buying.
In America the rate was lower at 727 for Spot
The London New York CroSS- rate was quoted at 494 and the New York/London rate at 4941.
Market.
ON INDIA:—
Telegraphic Transfer... Bank, on demand 154
BERLIN BOURSE
1
[Special to the "Hong Kong Daily Press" (Copyright).]
i
Berlin, June 12.
On demand ............... 780 SOVEREIGNS, Bank Buying"
Rate
2/51
BAR SILVER, per os lume 32 13/16
STABILISATION
OF CURRENCY
Gold's Greatest Competitor
Currency stabilisation, both from
a national and international point
PEDDER BUILDING, HONG KONG.
CANTON BRAWOH ;—4, SHAKRE ROAD,
NOTICE TO CONSIONLES. NOTICE TO CONSIGNEES
PENINSULAR AND ORIENTAL PENINSULAR AND ORIENTAË
STEAM NAVIGATION Co.'s
STEAM NAVIGATION O&.'s STRAXIR" CARTHAGE,"
BZELMER "BANGALORE"
"ABRITED HONG KONG OF
ARRIVED HONG KONG or 19TH JUNE, 1935. 19TH JUNE, 1995.
ANTWERP,LONDON,GIBRAL From ANTWERP,LONDON, GIBRAL-
TAR, MARSEILLES, MALTA, TAR, MARSEILLES, MALTA, PORTSAID, ADEN, COLOMBO PORTSAID 2DEN, COLOMBO-
AND STRAITS.
AND-STRAITS. VONSIGNEES of Cargo by the
Vessel are hereby informed VONBIGNEES of Cazgo by the above- above-named Vessel are hereby in-
that their Goods are being landed sad formed that their Goods are being landed and placed at TEST x in the Hong placed a TI E is the Hong Kong Kong and Kowloon Wharf and Godown and Kowloon Wharf and flodown Cou Company's Godowns at Kowloon where pany's Godawan at Kowloon, where der och Consignment will be sorted out Mark Conmigamant will be sorted out Mark by Mark and Delivery dan be obtained arby Mark and Delivery can be obtained a The Goods are landed.
The Goods linded.
of view. is discussed in Lloyds CONEI
"With both sterling and the dollar » ungnchored to gold, com-
As those who had parted with the shareholdings when the prices were mounting stormily showed the disposition to buy back again now that the prices-are-tending to decline, the pressure on the sharemarket on Wednesday was by no means so great as on Tues- "Opened steady but subsequently day while turnover being consider- Bank Monthly Review by Dr. Ben- eased off slightly.
able, the outlook became much jämin M. Anderson, economist of Sterling
more confident owing to the the Chase National Bank of the Opened with sellers at 2/4-7/16, strong positive reaction in the City of New York. buyers bidding 2/44 but the buy: British press towards the appeal Referring to America's departure ing rate soon receded to 2:41. at of the Prince of Wales for an from gold, he states:--- |which rate, business was arranged ; understanding in Germany's direc-
for near delivery followed by tran- | tinn. " sactions at 2/4 for August. The On the other hand the opera-| modity prices measured in gold market closed at 1 pm with sell-tars became cautious at the news fell everywhere.. Gold rose in ers at 2/4 5/16 for June, 2/4] for | that the Bank of France had dis-value because gold's greatest com- July and 2/4 7/16 for August, buy-continued lending on the security petitor. namely, the connderice ers at 1/16 higher respectively... of gold bar and the Bank of Eng-which men have in the promises
* U.S. Dollars
land had restricted the facilities of governments and central banks Business was done during the for forward transaction in gold. was so gravely damaged." course of the morning at 58 7/16 The prices of fixed interest secu- for near delivery. Tater a small urities were mostly unchanged, transaction was arranged at 58 Gold · Mortgage bonts declined for cash. The market closed at 1from † to † point. pm, with sellers at 58. 5/16 for Call Money rose from 21 to 38, June, 581 for July and 584 for Young Loan dropped 13 to 1024, August, buyers at 584 for June, 57Dyetrusts unchanged at 153. 7/16 for July and, 588 for August. Salzdetfurth Potash unchanged at
Shanghai Dollars.
1754. German Steeltrusts improved Bellers were quoted at 142 for 1 to 841. German Mineral Oils rose near delivery.
1 to 114, Stemenshalske sprang 23 to 178 Bemberg Rayon 'advan- | ced 12 to 1241 —
Transocean Kuo Min.
Shanghal Market, Opened with sellers at 1/7 15/18 | but later receded to 1/7 for near. Bightly easier. U.S. Dollars-- opened with sellers at 41-1/18 and closed Tower at 40 15/16, Easier.
IN THE AFTERNOON
The market was extremely dull in the afternoon...
Sterling
In Sterling some business Was done. at 2/4 7/16 for second half of July, finishing with sellers at 12/4 5/18 June, 2/4 July and 2/4 17/18 second half of July/August," |buyers at 2/4 7/16 June/July and
2/4 August.
US Dollars No business was reported. The market closed with sellers at 58 Holt's 5/16 June, 581 July and 58) Aug- at, buyers at 58 7/16 June and probably July and 58 August.
Optional Carge will not be landed here advice regarding accommoda.nl Notice has been given prior to Stommer's "arrival, but carried on from tion available, motoring fact. port to port to the final port-of-call-to-
Which theoption extends. lities, suitable shopping
centres, etc
* If, when at home, they will call or telephone to the above address, they will receive the
assistance and the
be
latest available information on all subjects of enquiry wil placed at their disposal.
All broken, shafed and damaged Goods are te be left in the Godowns, where they will be oramized on any Tuendays and Fridays between the hours of -10,451 a‚‚¤ ̈and---Noom within-the-Free |
Storage period.
No Claims will be admitted alter the Goods nave left the State's Godos
and all Goods remaining undelivered
after the 20th June, will f
subject to Rent
be
All Claims against the Steamer, KOMAŽ be presented to the Undersigned on or before the 4th July, 1986, or they will not be rongnised
No Fire Insurance will be affected BUTTERFIELD & BWIRE
Agents
18th June, 1935..
[3500
HK. SHAREBROKERS'S ASSOCIATION
BUYERS Douglases, $36... Bagulo Gold, 21 cts. Beng Consolidateds. $10. Beng Exploration, 11 cts. Big Wedge, 7 cts-- Vers Goldfelds, 32. Lands, $321. Land Deb. $100, Humphreys, $8.
Gold $, Bands, 90%. Govt, Loan 4%, 5% Govt. Loan 30%, 2%,
SELLRES Dalry Farms $14/
KALES Telephones (old), $20. Entertainments. $5.
=
REICHSMARK QUOTA. TIONS
Berlin, June 12. Reichsmark quotations (without guarantee):—
New York Paris
Amsterdam London
Faris Sterling Dollar
Transocean Kuo Min,
W
4
REBUILDING CONFIDENCE
They must rebuild that conf- dence in the promises of govern- ments and central banks, and the primary responsibilty for this re- building must rest with the United States and Great Britain.
Among the Fallacies which arose as part of the orthodoxy of a heterodox monetary system were
Optional Goods, will be landed here unless Instructions have been given to the contrary Six Hours before arrival of the Steamer
Goods not cleared within 8 days in- pluding date of arrival will be subject to Best 2
No Fire Insurance will be effected by us in any case whatever.
Damaged Packages must be left in the Godawas for examization by the Consignees, and the Company's surreyors, Meears, GODDARD & Douglia, st 10 am. Mondays and Thursdays, within the Free Storage period.
Consignees are specially notified that it is necessary for Ravenue Officer to be present at the examination of damaged
antiable cargo.
All Claims against the Steamer maét be presented to the Undersigned on or before 2nd July, 1936, or they will not be recognised.
No Claims will be admitted after the Goods have left the Godowa.
That the restoration of the gold: standard should be the last step insa process of financial reorgani- | MACKINNON, MACKENZIE & Co. sation, and that the gold standard
Agents
is more or less an ornament and Hong Kong, 12th June, 1835 token of achievement.
That the restoration of the gold standard means higher discount rates, and that this is an evil to be avoided at all costs.
The doctrine that declining ex- change rates help the....... export
..40.37
812.75
59.75 ..12.25
trade.
74.95 15.17
SINGAPORE KAW RUBBER
Latest Singapore Prices
BENJAMIN & POTTA
GET NATIONS TOGETHER
[8567
HAMBURG-AMERIKA LINIE.......
NOTICE TO CONSIGNEES.
THE MY
"LEVERKUSEN”
Dr. Anderson combats these having arrived, from Hamburg and points and concludes:-
Ports of call, Consignees of Cargo are
Optional Goods will be landed here unless instructions have been given to the contrary Six Hours before arrival of the Steamer.
Goode not cleared. Within 8 dayw including date of arrival will be subject to Bent
No Tire Izsurance will be affected by as in any case whatever....
Damaged Packages must be left in, they Godowne for examinatim by the C signees, and the Company's Surveyors, Mr. GODDARD & DOUGLAS, at 20 am," on Mondaye and Thursdays, within the Free Storage period.
Consignees are specially notified that it is necessary for a Revenue Oficer to be present at the examination of damaged dutiable cargo.
All Claims against the Steamer musk. be presented to the Undersigned on ca before And July, 1985, or theyy will not be recognised.
No Claims will be admitted after they Goods have left the Godown. MACKINNON, MACKENZIE & Co.
Sa Agente Hong Kong, 19th June, 1995, 13698
CONSIGNEES' NOTICE.
THE BEN LINE STEAMERS, LIMITED.
FROM LEITE, MIDDLESBRO ANTWERP, LONDON AND STRAITS.
THE Steamship
BENLEDI"
"I cannot concur in the view hereby notified that their Goods are that we should let anything wait being landed and placed at their risk into the Hong Kong and Kowloon Wharf for anything else. It would be
and Godown Company's godowns" at eminently desirable that we Kowloon, where delivery may be informed that all, Goods are being MONSIGNEES of Cargo are hereby should get the nations of the world obtained as soon as the Goods are landed landed at their risk into the hazardous together and simultaneously adopt Optional" Cargo will not be lauded definite and satisfactory policies here, unless Notice has been given and/or extra, hasardons Godowas of the Hong Kong and Kowloon Wharf, and Messrs. Benjamin and Potts have which would stabilise currencies, hours prior to vessel's arrival, but carried Godown Co, Lul, whence, and/or fram received the following Stratte curs lower tariff barriers, bring about on fram part to port to the final port of the wharves Delivery may be obtained. rency quotations (buyera) from a fair and reasonable settlement call to which the option extends we
thick the option extends No Olaims waivers may be obtained.
Goods bays left the Godowas, d Bingapore yesterday.
Raw of inter-Allied debts, eliminate Goods have left the Godowns, and Goods remaining undelivered after thes pubber
foreign exchange controls and re- Goods remaining undelivered after the 14th June, 1935 will be subject to Bask. move international animosities. 16th June, 1935, will be subject to
All Claims against the Stemmer monst "But the world does not do
Rent. things that way. And I think
ill not be recognised.
presented to the Undersigned on or before the 28th June, 1986, or they that wise polley be oppor- tunistic about these matters...
Spot
July/Sept.
for
Buyers Bellers 201 cts up .ct. 21) cts op ʼn ct. 221ets up ct. Jan./Mar. ** 231 cts. Un. Market.Quiet,
Oct./Dec.
MESSES. EL B. JOSEPH & CO. Messrs. H. B. Joseph and Co. x
ceived the following Straits Cur rency quotations from Singapore for Raw Rubber
Spot
20% Un.
20% 214 July/Sept. 21) Un. Oct./Dec. 22] Un
224 Jan Mar. 231 down Market Quiet.
the
troods are to be left in the Godown, All broken, chated, and damaged
where they will be examined on 16th June, 1895, at 101 am, by our A SOUND GOLD STERLING. Burveyors, Monera. Geddant & Dougla
To comply with the General Bonded "Accomplishing any one of them Warehouse degulations, consigaser mus or part of any one of them will
have a Revenue Officer in attends help to accomplish all the rest when damaged ***dotiable
sound gold sterling and a sound gold dollar--I am not talking about returning to the old gold content of alther would give a great lift to the world and tremendously facilitate the elimination of trade.
23+
barriers and the other
adjustments
es
A
danno
the 9th July not be recognized. No Insurance Bill of Lading:
"Hong Kong" 9th,
To comply with the General Bonded
Regulatioris, consigloos rezine Officer i
dutiable
stød and damaged Goods In the Clodow
Be, uzamined on the 18th:
Goddard & Ponglas,
No Fire Insurance has been aineted/ Bill of Lading will be countersigned GIBB, LIVINGSTON & Co., LTD by Agents, £3508 Hong Kong, 7th June, 1985,
Page 15Page 16
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