1935-06-29 — Page 13

M.VNEPTUNATO

PASSENGER & FREIGHT SERVICE TO

AUSTRALIA

TH

Next Sailing 24 JULY

for Manila, Sandakan, Salamana, Rabani, Sydney & Melbourne,

First Class Fare to Sydney:

Single: £47.10.0d. Return: £76.

Apply to:-

GIBB, LIVINGSTON & CO., LTD.

Agents.

P. & O. Building.

NORD LLOYD

OGEMEN

HAMBURG-AMERIKA LINIE * NORDDEUTSCHER LLOYD

AMBURGS

Far Eastern Mail Passenger and Freight Service

Through bookings to America via Europe and Europe via America. Bookings around the world: — Through bookings to London.

OUTWARD SAILINGS

+(HAL) m.v." KULMERLAND"

„(NDL) 16. “ISAR”...

4th July

for Shanghai, Taku, Dairen, Kobe, Osaka, Yokohama, Nagoy for Shanghai, Taka, Dairen,

Tsingtau. Thama, Nagoya, Kobe, Osaka

... 13th July

Yokohama, Taka, Dairez, Tsingtau..... for Shanghai, Y'hama. Kobe,

* (HAL)` m.v. “ RHEIN” for Shanghai, Kobe, Osaka,

(NDL) 13.8. “SAALE ".... -..

(HAL) m.." RHUR”

20th July

Taku Dairen. Tsingtau guth July Nagoya, Kobe, Osaka... .......for Ahangbai, Kobe, Osaka,

Y'hama., Taku, Dairen... 30th July

HOMEWARD SAILINGS (NDL) ..." SCHARNHORST"

for Naples, Miles, Barcelona, Falma, de Mallorca, South- ampton, B'dam., Bremen, Hamburg.

†(HAL) m v.“ BURGENLAND "

(NDL) &i- " DONAU*...

for Genoa, M'Hee, Rötter.is,

B'burg....** for Genos, Marseilles, Oran, Casablanca, Lisbon, R'dam,

Bremen...

+ (HAL) m.v. # LEVERKUSEN"

bang

3rd July.

...4th July

7th July...

for Genoa, R'dam., B'berg

...... 10th July (NDL) 8,5. “KOELN" ........for Marseilles, Oran, Havre, Antwerp, B'dam, H'borg.. Brement...

... 17th July

+ Passenger Vessel L "ted Passenger Accommodation.

N.D.L. HONGKONG/SOUTH SEA ISLANDS SERVICE,

FRIDERUN” 1st August, to MAD NG,

+

SALAMAUA, BABAUL and Porta.

For further particulara.and passage fares, ete, apply to:---

HAMBURG AMERIKA LINIENORDDEUTSCHËR LLOYD JEBSEN & CO., AGENTS,

12, Pedder Street, Tel. 883.

CANTON

CARLOWITZ & CO., Shakee Road

MELCHERS & CO., Árs, Queen's Building," Tel. 26378. AGENTS :

JEBSEN &0, Shamoon. B.0.

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HONGKONG DAILY PRESS

11, Ice House Street.

HONG KONG DAILY PRESS, SATURDAY, JUNE 29, 1935.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL

been

QUOTATIONS

LONDON EXCHANGE RATES

Amsterdam Athena wit Belgrade Berlin Bombay

Brumela... Bucharest

Throughout the week there has a sustained enquiry for shares and owing to the weaken- ing of Exchange, quite ⚫ spurt has occurred towards the end. several stocks showing consider-"| Copenhagen able improvement in price.

BUSINESS DONE DURING THE WEEK

Hongkong Banks, $1030, $1035

$1045, $1070, $1065. $1070/-

Buenos Aires

Genera

(BRITISH WERBEMA SERVICH..

Sterling Parity June, 28

110 Florins7.24

Jupe. 272 7.24€

******

375 Drachma 515 8.

my 176,31d", Dinare,

6. 2342 Märka » 12,22)

514 6.

12.231

Is. od. per Rupes

**:36. Bolgsa ****** 913,568 Lei

29.23

29.21

47,584. par Pasc

18.150 Kronez

30.29 France 15.06.

15.07

Helsingfors

193.23 Marke

Hongkong

2/31

2/21

Lisbon

|

Madrið ........

Milan.......

Montevideo

Montreal .....

4.887 DollarE

New York

4.867 Dollar

110 Escudos 30.99 Peseta 36 09.46 Lire

501 50.88d. per Peno

4.941 4.937

35 31/32

594

Oslo

18.159 Kroper

Paria

Lanxis. $34. $30.

Prague

194.21 Franca 74 33/64 164.25 Kronen

1104

74 35/64

Humphreys. Sat.

Rio de Janeiro...... 28.93d. per Gold

Tramways, $13, $13.10.

$8.90.

Stockholm

Electrics. $567.

Vienna

Telephones. (old), $20.10, 5204. | Yokohama

Kilreiz

18.150 Kronor 34.58) Schillings 94.58d. per Yen

1/7 5/18

1/7

Silver (spot)

Telephones (new), 38.

Silver (forward)

War Loan

21%

31 311 3% 106

31 5/16

31% 1061

1075.

Union Insurances, $345, $350,

... $355, $360,

H. K. & V. Docks, $64, Hotels, $4.

China Lights, $8.80, $8.65 $8.25, Shanghai.....

$20/$21. --

Watsons, $3.15.

Dairy Farms, $144 $14.80, Entertainments. $4.

Raubs, $5.60, $53, $5.90.

Vera Golddelds. $2.27.

CHANGES (3.15 p.m.) CLOSING

QUOTATIONS

BUYERS

Hongkong Banks. $1075.

H. K. & W. Docks, $81.

China Lights, $8.85. Electrics, $571.

Telephones (new), $8.20. Dairy Farms, $14.80.

. SALES

Hongkong Banks, $1070/1075, Union Insurances, $380.

H. K. & W. Docks, $64. Lands, $35.

Humphreys. $81. China, Lights, $8.90, Telephones (old), $204/$21.

THE EXCHANGE

MARKET

MESSRS, ROZA BROS.

and 31

Silver prices were slightly higher yesterday to the extent of 1/16 for both deliverles, the quotations being 31 1/18 for near 5/18 for forward.

Advices received reported Amer- ica 88 having bought. China operated both ways. Speculators sold. The market closed steady.

In America the official rate was unchanged at 59 for Spot.

The London/New York cross- rate was quoted at 494 and the New York/London rate at 4944

· [

ON LONDON:-

Closing Quotations

Bank Billa, on demand 24

4.94) 4.94 5/16

Os New YouK ! ---

Bank Bills, on demand Sig Credita, 00 days' sight.. 66)

Jaar 28 1935

Telegraphic Transfer....

ON BATAVIA

Bank Bills, 4 months'

On demand

·792

sight

2:24

ON PARIS-

Credits, four months?

sight-

Bank Bills, on demand 825)

232

Credits, 4 months' sight 8.73

ON SHANGHAI --

ON SAIGON:

On Demand

13.

On demand

82

ON SINGAPORE PA

ON MANILA:-

On demand

948

On demand

101

ON JAPAN

ON BANGKOK :--- **

On demand

On demand.

84%

3/3) - 31 16

ON INDIA:-

Telegraphic Transfer... Bank, on demand

BERLIN BOURSE

(Special to the "Hong Kong Da'ts Press" (Copyright).3

Berlih, Jun 27, Sharemarket prices were held up on Thursday, although almost nc business was done: The steadiness is attributed to the pro- motion of confidence owing to the publication of the statistics showing a considerable Increase in the sales of the Rhine, and Westphalian coal syndicate and

the heävler „ demand for Benite Indicating a activity.

greater industrial

SOVEREIGNS, Bank Buying

Rate

Bir Sпvas, per os

COMMERCIAL CONGRESS

Barriers To Trade Discussed

[Special to the "Hong Kong Daily Press" (Copyright).] 1.

Paris, June 27.

The third plenary congress of the International Chamber of Com- merce continued the discussion on the effect on world prosperity of hindrances o free movement of Fixed interest securities market goods and capital when all spea- was quiet, Gold Mortgage bonds

kers agreed that there could be no being depressed. Call Money return to normalcy until these ob- stood at 331, and Young was at 104, but was unquoted- "TransoceanTM "Kuo Ming

Loan Wednesday

stacles to the free movement had. disappeared.

The chairman of the American group of the International Cham-| ber, Mr. Thomas J. Watson declar ed that the problem of the revival

SINGAPORE RAW RUBBERf world trade could be solved

apart from the economic consider ations if the whole of the matter were treated on broader basis than str.cly national.

Latest Singapore Prices

Market. Opened weak but later steadied up alightly.

Sterling There were buyers after the opening at 2/21 but the buying rate rapidly receded to 2/2 "with business reported at 2/23 for near and forward. At this stage the

BENJAMIN & POTTS " market re-acted, and business was Messrs. Benjamin and Potts have done at 2/2 7/16 for July follow-received the following Straits cur- ed by transactions at 2/21 July, rency quotations (buyers) from 2/2 9/16 August and 2/29/16 Stigapore yesterday for July,

The market closed at 1 Rubber. p.m. with sellers at 2/3 July, 2/2 6/15 August and 2/24 Septem- ber, buyers at 1/16 higher spectively.

1.8." Dollar

Spot

re-

Business was done during the

early part of the morning at 551

Raw

201 ets. up et. July/Sept. 201 cts. up ch Oct./Dec. 214 cts, up ch Jan./Mar. 221 cta. up et MarketSteady, sa tak MESSES, EL E. JOSETH & CO Messrs. H. B. Joseph and Co., r

for July delivery. Later the buy-ceived the following Straits Cur ing rate receded to 543, at which rency quotations from Singapore rate, some business was done for for Raw Rubber

July delivery. The market closed at 1. p.m. with sellers at 541 June/ July, 54 11/16 August" and 544 Sepember/October, buyers at 54 11/16 June/July, 544 August and 547 September,

Shanghal Dollar Bellers were quoted at 1384 for near delivery.

Shanghai Market." Opened with sellers at 1/7 and closed uncertain at 1/7. 08. Dollars-opened with sellers at 394 and closed easier at 39 5/16 for

'spot.

IN THE AFTERNOON The market was quiet in the "afternoon.

Sterling

In Sterling business was done at 2/2 9/10 for second half of July and August finishing with sellers at 2/21 June/July, 2/2 9/16 August and 2/21 September buy- ers at 1/16 respectively.

Dollars Business was done nt 54 13/16 for October 64) July July. The market

selle

11/16

JJune/July End August, buyers at 1

higher respe

Buyers

Spot

197 Un July/Sept. 20₫ Un. Oct./Dec. 214 Dn. ¡Jan./Mar, 22 down i

Market-Steadier.

Sellers

20 201 21. 221

H.K. SHAREBROKERS ASSOCIATION

BUYER'S

Banks $1085 Douglases, 335, Antamoks, 63 cia Bagulo Gold, 21 tea. Bent Explorations, 12 cts, Big Wedge, a cta Balacots, 11actandby Wens Goldfields. $2:10, -

Hotell, $42 Lands $341 Land -Dab, $1000 Trams, 313.10 Yauma Ferries, $18.60. Electrica, $57 Telephones(old); $20:60:

$14.50

ayda

Godar 4% 6%

In the economic sphere, inter- national thinking is urgently ne. cessary. Both statesmen and bual. nessmen to-day are ready to re- move the barriers to trade. Im port tariffs, restrictions on import and quotas had in the long run belped neither home nor expart business, but besides the removal of trade barriers the stabilisation

PRESIDENT LINERS TOURIST CLASS

Travel on Famous President Liners at New Low Cost!

There is no reason now why even the thriftiest person may not travel on lange, fast President Liners. The new Tourlet Clasë brings these celebrated Hnem to you at fares that are com parable with the very lowest. See the comfortable outside staterooms and the ample deck space. Ask to look at some menus...Then buy your ticket "President Liner Tourist Class."

To SAN FRANCISCO 18 Days To TICTORIA, SEATTLE 17 Days via Shanghai, Kobe, via Shanghai. Kobe. Yokohama, Honolulu

Yokohama

Fortnightly railingst

Pros. Pierce

July 2, M'night Pres, Hoover July 13, 10 m Pres. Wilson...July 30, M'aight Prem Coolidge Ang lo sau. Prea, Lincola... Aug, 28, 6 a

EUROPE, NEW YORK

Inquire for round-trip tickets to Europe is downaction with Lloyd Triestina. Via Manila, Singapore, Penang, Colombe Bombay, Buer Canal Alexandria, Naples, Con

Marseilles.

Pras, Garfield July 6, 8 a.m. Pros: Palk ...July 20, 8 saam, Pres. Adams. Aug. 3, 5 am. Pres. Barrison Aug. 17, 8am. Prek. Hayes Aug. 31,3,

|

Fortnightly selling

Pres. McKinley July F, M'aight Free, Gract July 19, night. Fres. Jefferson. Ang. M'might Pres. Jackson Aug. 16, M night Pres. McKinley.Aug. 80, M'night

MANILA

· THE MOST FREQUENT

SERVICE:

Next Sailings Pres. McKinley June 28, 6 pm Pres. Boover., July 4, 8 pm Pres. Garfield.. July 6, ba.m. Pres. Grant......July 13, 6 pm. Prem Polk ......... July 20, 8 am,

DOLLAR STEAMSHIP LINKS AMERICAN MAIL LINE

PEDDER BUILDING-HUNG ZONG...... CANTON BRANCH :—4) SHaxia BOAD,

VESSELS. DUE

NOTICE TO CONSIGNEES.

PENINSULAR AND OHIENTAL STEAM NAVIGAMON Con

STEAMER * RAWALPINDI

#AIRITED HONG KONG 26TH JUNE, 1983.. :

FROM ANTWERP,LONDON, GIBRALS TAR, MARSEILLES, MALTA, PORTSAID, ADEN, COLOMBO AND STRAITS,

CONSIGNEES of Cargo by the

above-named Vessel are hereby in- formed that their, Goods are being lasind and placed ar Tuæra xISx in the Hong Keng and Kowloon Wharf and Bodows Company's Godowns as Kowloon whene sach Consignment will be sorted out Mark by Mark and Delivery can be obtained ne the Goods are landed.

Optional Goods will be landed harm the contrary Biz Hours before arrival of unless Instructions have been given to the Steamer

Afrika, ELA. Co., July 3." Agamemnon, B. & S., July. Andre Lebon, Messageries, June 29, Arabia Maru, 0.9.K., August 5. Aramis, Messageries, July 2 Arizons Maru, Q.8.K., July 5. · Bangalore, P. & C., July 19 Behar, P. & O July 23. Benvenue, Gibb's, July 8. Bhutan, P. & 0., July 8, Bintang, E. A Co., July 8. Buenos Aires. Maru, O.S.K., July 23 Burgenland, Jebsen'a, July 4. Canton, Messagerien', 'July 4, Carthage, P. & D. July 12. City of Yokohama, Bank Line, july 9. Deucalion,, B. & S., August 2. Conte Rosso, Lloyd Triestino, July 4.

Diomed, B. & S., August 15 Donan, Melchers', July 7 Empress of Asia, C.P.S., July 17. Emp. of Cauads, C.P.8 August 2. Empress of Japan, C.P.B., July 5. Emp. of Russia, C.P.B., August 14. General Lee, States Co., August General Sherman, States Co., July 18. of anal will be sun sot to

Goods not cleared within 8

Glenogle, Jardine's, July 7. Golden Poak, States Co., July 5, Haitan, Douglas", July 1, 20 Haining, Douglas, July 4. Harus Mary, N.Y.K., July 5. Hakozaki Maru, N.Y.E., July 5 Hector, B. & B.; July 2. Helenas, B. & S., July 15. Hellas, Thoresen's, July 12 Helios, Thoresen's, June 29, Helios, Thoresen's, July 20. Hiram, Thoresen's, July 6. Hiram, Thoresen's, July 27, Hoang, Jardine's, June 29. Kaisar-I-Hind, P. & O., July Isar, Melcher', July 13, Koeln, Melchers', July 17. Kulmerland, Jebsen's, July 5. Lycaon, B. & S., July 29. Maron, B. & 8., June 20 Menestheus, R. & B., July 17." Mentor, B. & 8., Jana 30.

of currencies is essential Monte Plans, Lloyd Triestino, July 10,

Professor Bertil Ohlin, renowned

Nagara, Gilman's, July 25, Naldera, P&O, August 7A in economics in Stockholm, em-Nankin, E. & A. 5.8. Co., July 1. feature of the present internation- Nicoline Maersk, Jebsen's July 10, phasised that the characteristic Nellore, E & A 8.8. Co., July 3,

al trade policy was the endeavour Patrocins, B. & 8., August 15, to equalise import and export be- Peiping Gilman's, August 3. tween every two pairs of countries Perseus, B. 8. July 10, The people called this "natural" Philocteten, B. & 8., July 9. about this principle. Between the Pres. Grant, A.M. Line, July 12.

Pres. Garfield, Dollar's, July 5. old and young countries for in- President Hoover, Dollar's, July 4- stance, the principle did not hold Ranchi, P. & O., July 24. good at all, the very inequality in Rhein, Jebsen's, July 20 Imports and exports in such cases Baale, Helfers, July 25 enabling the older countries to get Santhis, B.1 (Apoar), July 23, raw materials otherwise scarcely Sarpedon, & B, July 18. "available At the same time the sondan, P. 40. August 5

Birdhaus, BIAD July J young countries are enabled to da- velop much more rapidly by being Talping, B. & 8 July

Sphinx, Mensageries", July 18. able to raise loans in the older Tet Shan, Dodwell's, July 17 countries with which to finance Takada, B.I. (Apoar), July 18, import after which they maintain Talthybius, B. & 8. July 27 ed interest in the amortisation ser- Tamara,. Gilmsu's, July 3, vice by exporting raw materials. Tands, E & A B.D. Co., August 3

If the principle of mathematical

Tantalus, B. & 8, July equality of important export in T BE (Apear), Joly 9

Tergentes, Lloyd Triestino July 10, the case of every two countries Tiahow, Bank Line, Jaly 0.

is rigidly maintained, this process Tiibadak, J.C.J. Line, July 9.

of development of the younger. countries.could not continue. No permanent recovery of world trade Is expected said Ohling until a new world currency system is des

well defined

ich tha's

Bent

No Fire Insurance will be enfested byk us in any case whateverke

Damaged Packages must be left f the Godown for examination by the Consignees, and the Company's surveyors, Messrs. GODDARD & DOUGLAS, BU 15 2.30. on Mondays 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 Camagok dufiable cargo

"All Olaine" peninst the Blaser be presented to the Undersigned ons aft before 16th July, 1985, or they wik not be recognised

··No Claims will be admitted acten the floods hard left the GodowIL! MACKINNON, MACKENZIE & Co.

3831

Agenta Hong Kong, 26th June, 1925.

SERVICE TO READERS

THE HONG KONG

DAILY PRESS, LTD. and the HONG KONG WEEKLY PRESS, throug their London Office, at FLEET STREET E. C

13137 are prepared

Subscribers

and

advice regarding accommod tion available motonn.

suitable slopping

Cuties,

J.C.J Line August 8. J.C.J. Line, July 29

Thorese

centres, etc

If when at home, they will

call

the