1935-06-28 — Page 13

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LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO-MARITIMA ITALIANA-CITHAR

EXPRESS PASSENGER SERVICE

FAR-EAST · INDIA - ITALY

TAKE ADVANTAGE of our" SPECIAL REDUJED TWO MONTES RETURN TICKETS allowing "stop over of about 3 weeks in India, 9 weeks in Ceylon or 10 weeks in the Straits.

וי.

HONG KONG DAILY PRESS, FRIDAY, JUNE 28,

!!

H. K. STOCK

EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

1935.

LONDON EXCHANGE RATES

Bucharest ... Buenos Aires

The market to-day was on the | quiet side, but prices generally continue firm, with the exception of Banks, which are easier, owing to the rise in Exchange

Transactions have taken place

Copenhagen ........ Humphreys. mectrics and Trams at slightly higher rates. "Helioglom

Genera viz, 381, $56 and $13.10 and there Hongkong are enquiries for Dairies at $1435. | Lisbon.

FARES FROM HONG KONG

To

Lit.

2nd.

2nd. Econ. class.

Bombay Colombo Singapore

£44

£25

291

Ja

£4.

£19

་་་ ་་

£18

£13

211

NEXT SAILING S.S. **CONTE ROSSO 18th July, 1935.

Same reduced RETURN TICKETS to SHANG HAI

lat. cl. 12, 2nd, ol. £9, 2nd. Econ, ol. £6.

NEXT SAILING 9.8."""CONTE ROSSO" 20,700 T. 4th July, 1935.

For full particulars apply to:

THE

LLOYD TRIESTINO

Queen's Building, Ground Floor.

Tel. Add: LLOYDIANO" P.O. Box 143.

Agents in CANTON:-

Telephone $2981.

DODWELL & CO., LTD., SHAMEEN.

CHINA-SIAM

Regular Weekly Service

LINE.

between Hongkong-Hangkok via Swatow and vice versa.

From Hongkong

18

24th June"

1.8. "HIRAM”

4.5.

"HELLAS"

6.8.

"HELIOS"

lat July

8th July

3.8.HELLAS "

15th July

22nd July

29th July

&B. "HIRAM"

HELIOS"

**BIRAM '"*

From Bangkok

25th June

5th July

19th July

19th July

26th July

2nd August

9th August

Accepting cargo for Swatow and Bangkok, Regular Fortnightly Express Service

between Hongkong-singapore-Rangoon and vice versa. m.s.HAI LEE" sailing about 5th July.

m. RAI HING" sailing about 23rd July. Accepting cargo for Singapore, Penang and Rangoon.

Excellent passenger accommodation available.

For freight, passage raise and all other information—Apply to:- THORESEN & CO., LTD..

Tel. 30237.

General Agents.

Queen's Building-

FALL IN COPPER BERLIN BOURSE

PRICES?

Trade Interested In Developments

New York, June 26, The United States Copper Asso- ciation has decided to continue only reporting members' sales for statistical purposes, but to drop co-

operative measures such as sales quotas, buying agreements with fabricators and price reports with a view to keeping the industry from attack by price fixing:

The market is thus entirely open

for the first time since the autumn, Custom smelters have no prefer- ence sales quotas, and the trade is awaiting price indications most in- terestedly.

As the result of the abandonment of Copper Code practices, trade circles expect an early reduction in the copper price. The opinion is expressed that some sellers would reduce the price immediately but for the fact that June 30 is inven- tory time, before which date pro- ducers are reluctant to mark down inventories----- Reuter

Special to the "Hong Kong Daily

Press" (Copyright).]

Berlin, June 26,

the share-

BUYERS

Union Insuraces. $355) Baguio Gold, 20 cts.

Benguet Consolidated, $10). Hotels, $4.15.

Hong Kong Lands, $34.

Hong Kong Trams, $13. China Lights, $8.80. Electrics, $561. ··

Telephones (ald), $204.

Telephones (new), $8.10.

Singapore Tractions, 10/6..

Singapore Tractions (Pref) 22/6.

Dairy Farms," $14.35.

Watsons, $3.10,

Govt. 4% Loan. 5% Prem, Govt. 34% Loan, 3% Prem,

SELLEEN..

Star Ferries, $77.. Macao Electrics, $22). Sandakan Lights, $31. Cements, $51.

Wallace Harpers, $4.

SALES

Hong Kong Banks, $1065/1070. Hotels; $4.

Humphreys, $81.

Hong Kong Trams, $13.10.

Electrics, $561.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS:

Silver prices dropped 1/16 yes- terday for both deliveries, the quotations being 31 for Ready and 91 for Forward. India and China operated both ways, America bought. After the official fixing the market was Arm America bought again and speculators paid 1/8 higher than the quoted rates. In America the official rate was unchanged at 691 for spot. The business

The London/New York market on Wednesday was almost rate was quoted at..4931 "and the at a standstill. The price changes | New York/London rate at 4941... where they occured were almost nóminal in character since the amount of stock changing hands, was nearly negligible. The turn- over in Fixed interest securities and small price trend were erratic, Gold Mortgage Bonds being gener al weaker.

an

Markes, Steady but quiet.

Sterling

cross-

Business was arranged during the course of the morning at 2/91- July followed by transactions at 2/3 3/18 for cash and July and 2/3 5/16 for September. Later Call Money stood at 33 per 2/3 was done for September and Young Loan unquoted, on 2/33 for July, finishing at lunch седі. Tuesday was at 103. Reichs-time with "sellers at 2/8 3/18 for banks improved it to 1834. Dye June/July, 2/3 August and 2/3 5/16 for September, buyers at 1/16 trust weakened 5/8 to 1491.. Salz-

dropped 11 to higher respectively. detfurth Potash 176. German Steeltrusts dropped 5/8 to.831. German Mineral Oils

to 1121. Siemenshal-early part of the morning at 55 rose 138 ske. was

5/8 firmer at 1741.15/18 for July delivery followed and Bemberg Rayon declined 14 later by transactions at 58 1/18 to 1174-

Transocean Fun Hin.

REICHSMARK QUOTA- TIONS

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

Berlin, June 26. Reichsmark quotation wwithout

SMALLER BANK INTEREST guarantee):

Parls

Amsterdam. London

New York. June 28. Effective from October 1, the maximum Interest which may be -paid by banks chattered by New

York State, Including savings Transocean Kris Min.

banks, will be two per cent. "per" annum, according to a ruling of

-the State Banking-Board.

The current maximum rate is two and a half per cent.- Reuter.

BRITISH RETAIL TRADE

Paris Sterling Dollar

609.5 58.2

12.24

74.55

15.08

CHINA MERCHANTS

Three New Services

Nanking, June 17. The China Merchants Steam Navigation Company took over

11.8. Dollar Business was done during the

for July. There were sellers at 58 June/July and 561 August, buyers a: 56 1/16 June/July and 36 3/18 August,

Shanghat Dollars,

¿BRITION WIRELESS, SERVICH,

Storing Parity June, 25.

Amsterdam Athena Balgrade Berlin n Bombay Brussels

12.10 Florins

7.244

375 Drachmas

Junio, 18. 7.24 515 S.

176,316 Dinare

215

90,43 Marki

12.23"

13.22

is. 6d. per Rupee

................... 35 Belgas 28.23

29,22

......................... 813,588. Laj

47.06d. per Penc

18.159 Kroner

96.29 Francs 15.08

15.08

193.3 Marką

2/2 11/16

2/31

110 Exendos

28.12) Peastaa

35 91/32

36

591

4.941 4.931

18.159 Kromer

194.81 Franci

184.

74 33/64

74 33/84 1101

Rio de Janeiro.

26.838. per Gold

Milzeia

16.159 Kronor 1/7 3/16

1/7-5/16

$4.56 Schillings

24.56d. për Yen

31 1/16 31 5/16 *** 31% 108

31

314 3% 108

Madrid Milan

Montevideo Montreal

New York

Oslo

Paris ..: Prague

Shanghai

Stockholm

Fionna ........

Yokohama.... Silver (spot) Silver (forward) War Loan

ON LONDON:-

* 99.40 Lire 50.88d. per Peso

59 9/10

4.867 Dollars 4.941 4.867 Dollars 4.941

Kronen 1178

Closing Quotations

Juse 27 1933.

Telegraphic Transfor..... Bank Bills, on demand 224 Bank Bills, 4 months'

sight

Credits, four months'

sight

"N SHANGHAI:--

On-Demand

ON SINGAPORE:--

On demand

ON JAPAN -

Ou deinand

ON INDIA:-

Telegraphic Transfor... Bank, on demand

On New York :"

Bank Billa, on demand 551 Credita, 60 days' sight. 57) ON BATAVIA

On demand.............. 80 ON PARIE

Bank Bile, on demand 835 Credits, 4 months' sight 875 UN SAIGON:-

On demand

139

ON MANILA-

On demand

ON BANGKOK :--

3; û{

On demand

47

H.K. SHAREBROKERS' ASSOCIATION

BUYERS

Douglasca, $35! Unions. $360. Antamoks, 62 cts. Baguio Gold 21 cts. Beng Consolidateds, $107 CD, Beng Explorations. 12 cts. Big Wedge, 8 cts.

Vens, Goldfelds, $1.10... Landa, $34.

Land Debentures, $100. Humphreys, $8.15.. w Trams. $13.10. Yaumati Ferries, $16. Lights, $8.80. Electrics, $564. Telephones (old), $20). ̈ ̈ Telephones (new). $8.20. Dairy Farms, $14. Watsons, $3.10. Gold Bonds, 90%. Gort. Loan 4%, 6%.

SELLERS Antamoks. 65 ̧cts, XD.

SINGAPORE RAW RUBBER

Latest Singapore Prices

BENJAMIN & POTTA

اگ

Raw

Messra. Benjamin and Potts have received the following Straits cur- Were 'quoted at 1401 for nearrency quotations (buyers) from delivery,

Singapore yesterday for Rubber...

Spot July/Sept. Oct./Dec. Jan./Mar. Market--Easter.

Shanghal Market.. Opened with sellers at 1/7 and. closed at 1/7 7/16 for spot. Steady. U.S. Dollars-opened with sellers at 397 and closed at 40 for near delivery.

IN THE AFTERNOON The market opened steady in the afternoon but closed a shade easier..

Sterling

193 cts. down 4. 204 cts, down a 211 cts, down † 22 'cts, down

Muyers

MESSES, H.-B. JOSEPH & CO. Messrs. H. B. Joseph and Co., In- ceived the following Straits. Cur rency quotations from Singapore Business was done in Sterling attor Raw Rubber 2/34 for July, 2/3 5/16 for Aug- ust and 2/31 for September. The market closed with sellers at 2/3). for June/July, 2/2 3/16 August and 2/3 September, buyers at 1/18 higher respectively.

US. Dollars

A small business was done early three inland shipping services in the afternoon at 55 for Sep- London, June 26,

yesterday."

tember delivery. The market The value of retall trade in May,

The three ines being taken closed with sellers at 551 for June/ 1935, was 2.2 per cent, greater than

the Chirkiang Yang July and 56 for August, buyers at over are 1934. Stocks at the end of May, chow-Tsingkangpu- line, in north- 1/8 higher respectively. 1935, were 0.1 per cent, less inern Kiangsu Kashing-Saishin- value than at the close of May, Hanchow-Huchow-Shuanglin-Nan- 1834. Employment was 15 per zin lime, in northern Cheklang, and the Charigshu-Socchow-Wu- sih-Changchow line, in southern Kiangsu,

cent, higher.--

British Warekes.

It is understood that, after the

TAX ON COCONUT OIL

Washington, June 26. The repeal of the processing tax

Bellers Spat

197 down 201 July/Sept. 204 down † 200 Oct./Dec. 211 down i 214 Jan./Mar. 221 down 221 Market-Easier.

PALACE LINGUISTS

(Special, Air Mall Service)

London, June 7.

SOVEREIGNS, Bank Buring

Rato

મચ્છું

1101

2/3

BAR ALL, per ok" .... 31

BRITAIN AND CHINESE

FINANCES

Sir F. Leith-Ross's Mission

(Special Air Mail Service)

London, June 14. The Foreign Office has issued the following announcement:- 'His Majesty's Government,

as

has been stated in Parliament on several occasions. have been watching with close attention re- cent developments in the financial and economic situation of China They have now arranged that Bir Frederick Leith-Ross, KCB, K.CM.G., Chief Economic Adviser to his Majesty's Government, shall visit China in order that his ex- pert advice may be available to his Majesty's Government for the purpose of discussing with the Chinese Government and with the other Governments concerned the problems to which the present situation gives rise.

Sir Frederick Leith-Ross will and will probably be absent for leave this country early in August

situation

in

PRESIDENT LINER TRAVEL SERVICE

Extends To Every Port You'll Touch

Wherever you may fravel, to Europe through the Suas, to the Pacific Coast of the United States, to New York via the Panama Canal, or up or down this China Coast, you'll find en Amaricom Mall Line and Dollar Steamship Lines office, ́ ́or cryeni jo serve you whenever you set foot on shore.......Plan to take advantage of this world-wide unique service that is free.

To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days

via Shanghai, Kobe, Yokohama, Honolulu

Fortnightly wilinga

Tres. Fierce July 9, Maight Pros, Hoover. July 13,10 m Pres. Wilson...July 30, M'night Pres. Coolidge Aug. 10, 8 am, Pres. Lincoln.... Aug. 18, 6 a.m.

EUROPE, NEW YORK

1.

Jaquire for round-trip tickets to Europe is connection with Lloyd Triestino. Via Maulis, Singapore, Penang, Colombo Bombay, Suez Canal Alexandria, Naples, GenOK,

Marzelles.

Pros. Garfeld July 6, ... Frea. Polk....July 20, 8 m3. Pros, "Adams ...... Aug. 8, 9 am. Pres. Harrison Aug. 17, 8 a.m. Pres. Hayes... Ang. 31,Fam

via Shanghal, Kobe.

Yokohama

Fortnightly sailing Pres. McKinley. July 5, M'night Pres. Grart July 19, M'night Pres. Jefferson Ang, 2, M'night Pres. Jackson Aug. 18, M night Pres. McKinley Aug. 30, M'night

MANILA

THE MOST FREQUENT SERVICE

Next Sailinga Pres. McKinley...June 29, 6 p.m. Pres. Hoover.... July 4, 8 pm. Pres. Garfeld.... July 6, 8 .. Pros, Grant.July 13,6 p.m. Pros. Poli

July 20, 8 a.m.

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

FEDDER BUİLDİNG-HONG KONG, CANTON BRANCH :—4, SHAXNE ROAD.

VESSELS DUE

Afrika, E.A Co., July 2 Agamemnon, B. & S., July 5. Andre Lebon, Mesangertes, June 29. Arabis Maru, 0.8.E., August 5. Aramis, Messageries', July 2. Arizona Mara, 0.3. July 5, Bangalore, P. & O... July 18. Babar, P. O., July 29. Denvenue, Gibb's," July 8. Bbatas, F. & D., July 8. Bintang, E. A. Co., July 6. Buenos Aires Maru, 0.8.K., July 21. Burgenland, Jebsen's, July 4 Canton, Messageries", July 4 Carthage, P. & O., July 12, City of Yokohama, Bank Line, ruly 9. Conte Rosso, Lloyd Triestino, July 4. Deucalion, B. & S. August 2. Diomed, B. & S., August 12. Donau, Melchers', July 7. Empress of Asia, C.P.8., July 17. Emp. of Canada, C.P.S., August 3. Empress of Japan, C.R.S., July 5. Emp. of Russia, C.P.S., Angust 14 Geners! Lee, States Co., August 9. General Pershing; Slates Co., June 28 General Sherman, States Co., July 19. Glenagle, Jardine's, July 70 Golden Peak, States Co., July 5. Raitan, Douglas, July Haining, Dongiss, July 4 Hakozaki Maru, N.Y.K., July 5. Harana Mary, N.Y.K., July 5. Hector, B. & S., July 2

Helios, Thoresen's, Jane 29, Helenus, B. & S., July 15, Hellas, Thoresen's, July 12.

some months.

Helios, Thoresen's, July 20. TRADE WITH CHINA HAMPERED Hiram, Thoresen's, July 6. The visit of Sir Frederick Lelth Hosang, Jardine's, Jun 25. Hiram, Thoresen's, July 27, Roes to China marks the interest Iaar, Melchers, July 19. taken by the British Government Kaiser-I-Hind, P. & O., July 10.

the financial

Koeln, Melchers, July 17.1 China, where American State pur Khmerland, Jebson's, July 5 chases of silver have produced a Lycon, B. & B., July 20, rapid deflation of the Chinese dol- Mantus, P. & June 28. lar. In February a suggestion was Maron, B. & S., June 30. made on behalf of the Chinese Mentor, B. & S., June 36.

Monentheus, B. & 8. July 17, Government who were suffering Monte Pians, Lloyd Triestino, July 10. from the financial embarrassment Muroran Maru, N.Y.K., June 28. thus caused, for the flotation" of Nagara, Gilman's, July 28. a loan in this country. The pro- Nalders, P. & O., August 7, posal in that form was not sc- Nankin, E. &A. B.B. Co., July 1. cepted by the Foreign Office, but Nicoline Maersk Jabsen's, July 10, Nellore, E. & A. 8.B. Co., July 8, his Majesty's Government called the attention of the American Paiping, Gilmaz's, August 3,

Patroclus, B. & S., August 16.. French, and Japanese, Govrnments Persons, B. & S., July 10% to the economic and financial Filotetes, B. & B. July 9 - situation in China, and these Gov- Pres. Garfeld, Doiler's, July 5, ernments expressed their readi- Pres. Grant, A.M. Line, July 12, ness to consider any practical pro- President Hoover, Dollars, July 4, posal to safeguard Chinese currency Fras. McKinley, A.M. Line, June 28.” in the interests of international Ranchi, P. & O., July 24. trade. It is hoped that the other Saale, Melchers, July 25

Khein, Jebsen's, July 20 Governments consulted will study Banthia, B.1. (Apear), July 23 the Chinese financial situation, Sarpedon, B. & H., July 19. which greatly hampers foreign Strabane, B. (Apear), July 8. trade with China The Chinese Soudan, P. & 0. August 5. and Italian Governments, as well Sphinx, Messageries, July 13. as those of France, Japan, and Taiping, B. & 8., July 9,

4 message in Gaelle, moreover, would have revealed a similar chink in the Palace's linguistie armour,

?

The secretarial staff at Bucking the United States, have been on Tai Chan, Dodwell's, July. (174843

Laith-Rose's Mission cially informed of Bir Frederick Takada, B.1. (Apear), July 18

Talthyhium, B. & S., July 27, Tamara, Gilman's, July 3. Tands, E. & A. B.B. Co., August 3, Tantalus, B & B, July Torgestas, Lloyd Triestino, July 10, Tilawe, B.1. (Apar), July 9 Tinbow Bank Line, July 20 Tibadak, J.C.J Line, July 9, Tinegars J.C.J. Line August 8 St. James's Palace le smiling over; Tjinsdano, J.C.J. Line, July 23 the incident. The Prince of Wales Tisondari J.C.J. Lipa, July 0. understands Welsh, and has as his Trianon, Thoreen's Jay her principal private secretary Bir God-Trold B. & Sol

Toulouse, Thoresen'1, July 25, frey Thomas; a Welshman who Tyndarens, B. & 8., August 16, takes an interest in the cultiva Ward, Slates Co. Jaly 8.13 tion of the Welsh tongue.

Yomachichi," States. Co., Joly 10%

ham Palace are not a little con- scious of their deficiency in one reppect Not one of them is suffle- tently versed in Welsh to tran

late a telegram of good wishes to the King written in the languago. transfer, the administration in of three cents per pound on Philip The fact emerged when the Caer- charge of the inland services will pines coconut oil is asked of Con-Darvonshire Baptist Association's be known as the China Merchants, gress in an urgent appeal by the telegram of greetings in Welsh to Inland Steam Navigation Com- Merchants' Association

his Majesty brought a request from The Anglo-Uruguayan Commer-pany, and will operate uve routes. The Association contends that the Palace for a translation, cial Agreement was signed to-day namely Chinkiang Yangshow the tax, besides damaging trade Most of the European languages

would have presented no dimoult les to court officials, But It hap- pened that Welsh stumped them

TRADE AGREEMENTS

London, June 26

at the Foreign Office. The Agree Tsingkiangpu; Bhanghai-Huchow: between the United States and the ment will not come into force Linhu (Northern Cheklang) | Philippines, violates the mutual pending ratification

Shanghai; Hangchow-Shanghai, tarin agreement. British Wirder

and Boochow-Hangchow lines.

Reuter

NOTICE TO CONSIGNEES.

PENINSULAR AND ORIENTAL STEAM NAVIGATION Co.'s STRANE "RAWALPINDI."

ALRIVED HONG KONG ON 26TH JUNE, 1985.

PROM ANTWERP,LONDON, GIBRAL- TAK, MARSEILLES, MALTA, PORTSAID, "ADEN, COLOMBO AND STRAITS.

NONSIGNEES of Cargo by the

above-named Vessel are hereby in formed that their Goods are being landed and placed AT THRIE RISK in the Hong Kong and Kowloon Wharf and Godown Company's Godowns at Kowloon where ench Conmigament will be sorted out Mark by Mark and Delivery can be obtained as. the Goods are landed.

Optional Goods will be landed here uniere Instructions bare been given to the contrary Six Hours before arriva) of: the Steamer

Goods not cleared within 8 days in-. cluding date of arrival will be subject to Rent

No Fire Insurance will be affected by us in any case whatever.

Damaged Packages must be left in the fodowne for examination by the Consignees, and the Company's survayara, Mesure. GODDARD & DOUGLAS, at 10 am, on Mondays and Thursdays, within the Free Storage period.

· Oqnsignees are specially notified that: it is necessary for a Revenus Officer tes be present at the examination of damaged 1 dutiable cargo.

All Claims against the Steamēr ve mut be presented to the Undersigned on a before 18th July, 1935. or they will not be recognited.

No Ulama will be admitted after the Goods have left the Godown. MACKINNON, MACKENZIE & Com

Agents.

Hong Kong, 26th June, 1935

PRINCE LINE

NOTICE TO CONSIGNEES.

(329)

M.V." SIAMESE PRINCE"

From HALIFAX, NEW YORK HAMPTON ROADS, SAVANNAH VFW AND LOS ANGELES.

ONG KONG carge ex the above. Hel trasabipped at Marle arrived here per 5.8 PEIPING® on 21st June.

Consignees of Cargo are

formind that their Goods are Landed to the Godowns of "Holi Wharf and stored at consigned

and expense

w be left in

All broken, chafed, and damaged. Goods

dom 25th June,

they will b

at 10,48 AM, MATOLE

FIFTEEN DAT of the ival of the 8.8 PRIPIN bere afterbih date they cannot be recognised

No Claims will be strutte

Goods have left thei

Goods remaining

98th June,will be aby

b

No Fire Insuran Bill of Lad

Com