1936-02-24 — Page 13

Daily Press 孖剌西報 All

N. D. L.

FAR EAST EXPRESS

SAILINGS TO EUROPE S.S. ONEISENAU.............. M'llos. Barcelona, Southampton,

MS. TRAVE....

Rottenfam, Brensen & Hamburg......Feb. 21 Marseilles, Casablanca, Rotterdam, Hamburg & Brynen........... Mar. 13 S.S. SCHARNHORST..Mlles, Barcelona, Palms D. M.,

Southampton, Rotterdam, Bremen

Hamburg

M.S. HAVEL..........Marseilles, Casablanca, Rotterdam,

Hamburg & Bremen..

1

ARRIVALS FROM EUROPEĮ SAILINGS TO SHANGHAI

M.S. HAVEL

S.9. SCHARNHORST

Mar. 6 M.8, HAVEL Mar. 10

8.S. SCHARNHORST

HONG KONG DAILY PRESS.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Saturday, Feb. 22.

The price for Ready Sver dropped 1/8 yesterday and „ For- ward 1/16, the quotations being 191 for Ready and 19 for For- ward. Silver

advices reported India and speculators as having operated both ways. After the official fixing buyers were indicat- ea at 1/16 over the quoted rates. The tone was steady but quiet. In America the rate was unchanged at 444 for Spot

ديدا

MONDAY, FEBRUARY 24, 1936.

LONDON EXCHANGE RATES

Paris

Geneva Berlin

Athens Milan Shanghal

New York Amsterdam

-Vienna Prague Bucharest Madrid

(Barris WIRELESS SERVICK)

February 20

74 45/04

15.10

February 23.

74 47/64

12.28

15.101 12.29

515 S.

82 1/16

62

1/21

4.981

4.99

7.261.

7.27

118]

668.9.

Mar. 25

Apr. 7

Lisbon

Hong Kong

Mar. 6 Mar. 10.

The London/New York rate was quoted at 4.981. York/London was also the

Brussels

29.271

29.291

cross-

Montevideo

New

Belgrade

sams

at 4.987.

Montreal

4.981

4.981

MARKET Steady but quiet.

STERLING

Yokohama

Helsingfors

Rio

Buenos Aires

Silver (Spōt

Silver (forward)

20

19 13/16

197

191

LLOYD TRIESTINO

| FLOTTE RIUNITE LLOYD TRIESTINO-NADÍTIMA ITALIANA-SITMAR

MONTHLY EXPRESS PASSENGER SERVICE

FAR EAST-INDIA-ITALY

Brindisi, Naples: 21 days. "

Venice, Tricate Genoa: 99 days. HONG KONG TO ITALY M.S.VICTORIA" 28th March (a) | 8.8. CONTE VERDE" 28th Jano (b) S.S. CONTE VERDE." geth Apr. (b) S.5. "VICTORIA" 30th July (a) M.S."VICTORIA" 18th May (a)

(a) Manila, Singapore. Colombo, Bombay Port Said, Naples & Genoa. (b) Singapore, Colombo, Bombay, Port Sail, Brindiai, Venice &

Trieste

HONG KONG TO SHANGHAI

M.S. VICTORIA" 90th March S.S. "CONTE VERDE" 18th Apr. M.S. "VICTORIA" 21st May

For full particulars apply to :--

88. "CONTE VERDE 20th June M.S. VICTORIA" 21st July

}

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

P. O. Box 143.

Agents in CANTON:

Telephone 82882.

DODWELL CO., LTD, SHAMEEN.

HONGKONG/SOUTH SEA ISLANDS SERVICE. 6.S. BREMERHAVEN...... Rabaul, Tulagi, Kaviong, etc. ...................... Mar. 11 S.S. FRIDERUN

Apr. 11 Madang, Salamaua, Rabaul, etc.

Subject to Alteration without Notice.

For Passage and Freight apply to: " NORDDEUTSCHER LLOYD BREMEN

Agente

t

MELCHERS & CO.

Queen's Building, Connaught Rd.

Telephone 28378. CANTON AGENTS: JEBSEN & CO.. Sharuch B. 0.

CONSIGNEE NOTICES.

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES,

CONSTUNEE NOTICE.

"S.S. "ATEOS II".

BRINGING CARGO Facu

MARSEILLE, &c.

ARRIVED ON SATURDAY, THE 22ND FEBRUARY, 1935.

"C that their goods with the exception ONSIGNEES are hereby informed

of Opin, Treasure and Valuables are being landed and stored into the Go- downs of Hong Kong, Kowloon Wharf & Godown Co., Ltd., Kowloo, whence delivery may be obtained immediately or they after landing.

All claima must be seat in to me o or before the Tuesday, 3rd Mar., 1938,

not be recog⚫ized.

will

Damaged Packavers will be examined by the Company Surveyor, Mosaz Goddard & Douglas in the presence of the Consignees at 10.00 am. on Fri. day, 29th Feb., 1936.

Consignees must have a Ravenae Officer in attendance when any datiable goods are examined by the Company's Surveyors.

No Fire insurance will be effected by us in any case whatever.

R. OIL Agent.

Hong Kong, 2nd Feb., 1936.

SHIPS AND JAPAN

NOTICE TO CONSIGNEES

PENINSULAR AND ORIENTA!. STEAM NAVIGATION Co.'s STEAMER SOMALI.”

ARKIVED HONG KONG ON 22ND FEBRUARY, 1930.

Fox ANTWERP, LONDON,GIBRAL TAR, MARSEILLES, MALTA, PORTSAID ADEN, COLOMBO AND STRAITS.

CONSIGNEES of Cargo by the abbre

Business

was done during the course of the morning at 1/3 for cash and February, 1/3 13/15 1st half April and 1/37 May. The market closed with seilers at 1/3 33/18 February/March, 1/3) April and May, buyers at 1/37 cash/1st half March and 1/3 13/16 1st half April/1st half May.

U.S. DOLLARS

Business was done early in the morning at 32 15/16 for the first half of March, The market closed with sellers at 32 15/18. cash/1st half March, 321 March, 32 13/18 April and probably 921 May. buyers at 1/16 higher re- spectively.

SHANGHAI DOLLARS

War Loan

On LONDON: --

31% 107%

Closing Quotations

February 22, 1836.

Telegraphic Transfer... Bank Bills, on demand 1/3 Bant Bills, months'

sight...

Credita. four months"

sight

ON SHANGHAI :-

On Demand

ON SINGAPORE:-

On demand

OD JAPAN:-

On demand

Sellers were quoted at 109 for ON INDIA- cash.

SHANGHAI MARKET

There were sellers of Sterling at 1/2 for Spot and U.S. Dollars at

named Vessol are hereby informed that their.. Goods are being landed and placed AT THEIR Rax in the Hong Kong 30 for Spot. and Kowloon Wharf and Godoy Cou pany's Godowns at Kowloon, where each Consignment will be sorted out Mark by Mark and Delivery can be obtained as the Goods are landed.

Optional Goods will be landed here anless Lastractions have been given to the Steamer, contrary Six Hours before arrival of the

Goods not cleared within 8 daya including date of arrival will be subject to Beat

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

DJ ID

Damaged Packages must be left in the Godowns for examination by the Con signees, and the Company's Surveyors. Messrs. GODDArd & Douglas, at 10 ani, on Mondays and Thursdays, within the Free Storage period.

Consignees are specially notified that it is aecessary for a Bevenue Officer to be present at the examination damaged dutisble cargo.

of

All Claims against the Steamer must be presented to the Undersigned on or before 13th Mar. 1936, or they will not be recognized.

No Claims will be admitted after the Goods have left the Godown, MACKINNON, MACKENZIE & Oo

Agents. 4232 Hong Kong, 22nd Feb., 1836

London, Jan. 20.

It seems to be agreed by all those who ought to know that a crisis in the Naval Conference is coming to-morrow or very soon after. If so, the crisis will come because Japan has forced it on the rest of the naval Great Powers, and for no other reason.

It is Japán, of course, that has already destroyed the system of naval mitation which has been saving British, American, and Con. tinental taxpayers. a vast amount keep of money and helping to

a dozen peace on the seas-for years back Under this system the Japanese were allotted three- Afths of the naval strength given the United Britain and to to States, whose navies" might be equa. This arrangement did, in' fact, make

home Japan in her waters

than a match in, other naval strength for any

mere

|

THE SHARE

MARKET

Harriman's Weekly Review

ON NEW Your :-

Bank Billa, on demand 324 Credits, 60 days' sight. 33)

ON BATAVIA:

On demand

S.S. "BENMACDHUI"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, and LEITH (direct)

on or about the 9th March.

ON PARIS-

Bank Bills, on demand 482

1/43

Credits, 4 month's sight 505)

ON SAIGON :----

1062

On demand

48

ON MANILA:-

S.S.

44

Next Sailing for SHANGHAL & JAPAN ",

BENRINNES February 29th

55

14

On demand

641

ON BANGTOK:-

110)

On demand............. 143 SOVERSIGNS Bank Buying

Rate

1/4

BAR SILVER, per cs.

100

BERLIN SHARE

Tel. 22533

Telegraphic Transfer as

Baak, on demand..........

China Merchants

Steam Nav. Co.

POLICY OUTLINED

Nanking, Feb., 12. Inteviewed regarding the new policy for the management of the

China Merchants Steam Naviga- tion Company, Mr. Yu Fel-peng, Acting Minister of Communica- Llons, said:

MARKET

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

Berlin, Feb. 22.

The arm tone of the share market during the second half of

the past week continued on Satur

day. Stocks available fell short of the demand so that prizes showed a marked upward tendency. Among the noted rises during the week were shipping shares, both Hapag and Lloyd gaining points, while Gelmenshalske and United Steels rose 21/4 and 21/8 respectively.- Transocean News Service.

"According to the revised re- gulations governing the organiza- tion of the Company, the term of oice of the new General Manager and one of the two Assistant, man- agers is five years, and that of the three other Assistant manager years, The term is now longer than that prescribed in the old constitution, as it is considered ne- cessary if the management is to carry out effectively the reforms for the rehabilitation of the Com-tions still more. pany.

Saturday, Feb.. 22 Messrs. G. A Harriman & Co.'s weekly share report and market review issued at noon to-day states:

The market was on the quies side during the week under review due principally to the approach of the Annual Race meeting which commanded most attention as is usual at this time of the year; Apart from Racing tople there was another bright spot on the map Le. Hongkong Electrica which were "Since the Company was taken suddenly marked up nearly three over by the Government and ad- points on the declaration of bonus | ministered as a government en- SINGAPORE RAW RUBBER Issue of new shares Le. of one new terprise, much has been done to share for every three old shares. Improve the business of the Com- They touched $75.75 at one time pany under the former Boards of but closed quieter at $74.25; Rong Supervisors and Directors and the Kong Trams again eased off with General Manager, Mr. O. 6. Lieu, shares offering at $12. 75 but there However, owing to the heavy in- were several small buyers at $12.60. | debtedness tricured. and the re- Hongkong Lands were on offer at percussiong of the world-wide de- $35, without attracting buyers, due pression, domestic shipping has

Latest Singapore Prices

R. B. JOSEPH & CO.

1

[4231

|

Saturday, Feb. 22. Messa. B. B. Joseph & Co. re- to the decreased final dividend of suffered greatly. The Government ceived the following quotations La. $1 per share as compared with has been well aware of the diff In Straits Currency from Singa- | $1) last year. Telephones (old)|culties under which the former had enquiries at $25.80 with small administration laboured, arid it was pore for Raw Rubber.-

done at $26. Sellers business

Dairy only after the repeated resigna- Farms receded slightly to a buying tion of the two Boards and Mr. rate of $21). Wharves (old) could | Lieu that the present reorganiza- be obtained at $99. Minor issuestion of the Company was decided again 'eased off somewhat. Hotels upon...

Spot Apr./Sept. July/Sept. Oct./Dec. Market-Steady.

Buyers

26 254 up i

26 up

264

261 up 262 up i

26

27

her supremacy in the entire Pac- Ac Ocean. Britain has had the alternative scheme..of allowing each naval Power to say what it wants for some years to come, and

Came to business at the reduced REORGANIZATION COMMITTEE

dealt in

rate of $5. China Lights (old)

"After the National Government again fluctuated between $11.30 and

was established in Nanking seven $11:10, the new shares belag in

Cementa were years ago, a reorganization cum- demand at 30.

at $8.85 and Providents mittee for the readjustment of the (od) at $1.63. Ropes were rather affairs of the Company was est- sy with shares on offer at $54. ablished. It was first placed un- Mining issues attracted some at der the jurisdiction of the Minis

Antamoks were done at try of Communications and, then tention. then arranging that these pro-$1.75/85, Baguio, Gold at 22/23 cts., under the National Government. Power. The British Navy has an

grammes shall not be exceeded. Berguet Consolidated at $18.50/75 Later the control of the Commit- Empire to guard that is spread over all the continents. The US. Japan insists on bringing the and Raubs at $11.00 Sterling tee reverted to the Ministry. A

Naval Conference back to her own

counters were a shade easier with thority was not clearly demarcat- Unions on offer at $552), while ed however; the powers of the Hongkong Banks changed hands General Manager were restricted, at the slightly reduced rate of with the result that the develop- $1530. The tone of the market at ment of the Company's business close is quiet' with a very was hampered and the efficiency

of the management suffered. Business during the week has done At the following

Navy has to maintain fleets in two oceans, the Atlantic and the Pacific. But Japan has the Pacific alone to consider. The three.

afths ratio seemed to give her all

she could reasonably need.

demand it can only be because

she is ready to see it turned down quite definitely, and perhaps to

walk out of the London meetings

in consequence,

the The Conference could go on steady undertone. without, her, since there are pro- posals for the limiting, of the sizes been of ships and guns still to be dis- prices:- rassed. But though agreement on

But to the Japanese It seemed to have one big fault-in the prestige of numbers their fleet was still behind those of the other two Powers, So the Japanese nayal chiefs have insisted that these proposals, might be reached they will accept nothing less than between Britain, the USA, and equality with Britain and

the Continental countries, such the United States. They are quite an agreement would still leave the kelihood of an armaments race ready for some disarmament-more than ready for it, indeed, if it so long as the right of countries they could take the shape of a scaling to build as many ships as down of the British and American may like remained unlimited. And fleets to the Japanese level.

an armamenta race is what Japan wants no more than other nations. It looks as if her navy's desire for

WHAT OF OTHER POWERS But the other Powers can

scarcely agree to Japan's propos- prestige might, easily get her into a al, which wou'd amount to giving | nasty quandary.

H. K. Banks, $1580,- Antamoks, $1.75/1.85.

H. K. Tramways, $1280/12.85. Lights (old), $11.20/11.35, Lights (new), $8.-

EK. Electrics, $721/751, Baguio Gold. 22 ets./23 cts. Providents (old), $1.65.

Benguet

18.75.

:

on

FRIDAY POSITION

Berlin, Feb. 21. The condition

the share- market was liveller, the publication of the text of the new standstiil agreement improved the condi-

Call Money stood at 2 to 24%. Transocean News Service

* REICHSMARK QUOTA-

TIONS

London, Feb. 20, Reichsmark quotations (without guarantee):

New York Paris

· “Amsterdam.

London

Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.

For Freight and Fasunge apply to:--

W. R. LOXLEY & CO., (CHINA) LTD.,

York Building. Agents :

THE BEN LINE STEAMERS LTD.,

CONSIGNEE NOTICES.

J

COMPAGNIE DES MESSAGERIES MARITIMES

CONSIGNEE NOTICE.

8.8.

**SI-KIANG" 4°AZO/36.

BRINGING CARGO From ANTWERP, DI NKEBQUE & LONDON.

ARRIVED ON WEDNESDAY, THE 19TH FEBRUARY, 1938.

YONSIGNEES are hereby informed that their goods with the exception of Opium, Treasure and Valuables are being lauded & stored into the godowns of the Hong Kong Kowloon Wharf and Godown L, Ltd., Kowicon, whence delivery may be obtained immediately after

All

must be sent in to me on

or before the 2nd bar, 1936, or they will not be recognized.

Damaged Packages will be examined by the ompany's Surveyors, Mesra, Goddard & Douglas in the presence of the Consignees at 10.00 am on Tues day, 26th Feb, 1958,

Consignees must have a Revenue OfEcerin attendance when any dutiable goods are examined by the Company's Burveyors.

..... 40.69

808.5

59.17

12,28

Paris Sterling (low) Paris Sterling (high) USA. Dollar (low)

**** USA. Dollar (high) Transocean News Service,

74.72

74.75

14.97 14.971

ta in any case whatever.

Agent.

Hong Kong, 19th February, 1886.

€4923

CLEARANCES

23RD FEBRUARY, 1935. Seistan, for Swatow Mary Moller, for Fort Wallut Canton Maru; for Swatow Neptuna, for Saigon Bandviken, for Canton Norviken, for Swatow Somali, for Shanghai Hai Yuan for Bwatow Hai Heng, for Canton Conte Verde, for Singapore Kwangchow, for Swatow Hong Peng, for Swatow

22ND FEBRUARY," 1936. Cathay, for Singapore Kitano Maru, for Manila President Hoover, for Shanghai Hydrangea, for Canton

Celebes Maru, for Bingapore Kwangtang, for Holhow King Yuan, for Swatow Bouchow, for Canton President Grant, for Manila Hermod, for Bangkok Athos II, for Shanghai

"The 'présent scheme for reor- ganization aims to rectify the past abuses. In any modern organiza- tlon, the number of office staff and employees should be definitely prescribed. There must be nobody the payroll of the Company enjoying sinecures. A system of ex- Cheklang, for Canton amination will soon be instituted Kung Ping, for Canton

General Lee, for Shanghai

on

in order to dispose of superAuous employees and to determine the

Tung Cheng, for Balgon

Consolidated, $18.50 actual working force needed. Company. I earnestly hope the "The Ministry of Communica- new management will successful- tions will follow the instructions ly carry out the policy of the Gov

K. K. Hotels, $5.00. Cements, $8.85.

Dairy Farms, $211/22.-

Telephones (old), $28.-.

No Fire Insurance will be affected by

B. OHL,

CONSIGNEES' NOTICE.

CONSIGNEE NOTICES.

CONSIGNEES' NOTICE..

BURNSHILP LINE.

FROM MELBOURNE, SYDNEY, SALAMAUA, HABAUL, SAND- AKAN AND MANILA,

THE £8,"NEPTUNA.“ YONSIGNEES of Cargo are hereby

informed that all Goods are being inded at their risk into the hazardous and/or extra hazardous Godowns of the HONG KONG AND KOWLOON WEARY AND GoDown OGKIANT, Lru,, whence and/or from the wharves Delivery may obtained.

No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 27th Feb., 1936, will be subject to rent.

All Claims against the Steamer must be presented to the Undersigned on or before the 19th Mar., 1038, or they will not be recognised.

To comply with the General Bonded Warehouse Regulations consignces muat bare Bevenue Officer in alten dance when damaged dutisble goods, are examined.

All broken, chafed and damaged Goods ar to be left in the Godowas, where they will be examined on the 26th Feb at 10 a... by Messrs., Goddard and Douglas.

No Firs Insurance has been affected. Bill of Lading will be countersigned by GIBB, LIVINGSTON & Co., LTD.,

Agenta. Hong Kong, 20th Feb., 1996: [4821

NOTICE TO CONSIGNEES.

OCEAN STEAM SHIP (O., LTD. AKD

CHINA MUTUAL STRAM NAVIGATION CO., LTD.

THE BEN LINE STEAMERS, LTD. CONSIGNERS per Co's Vessel

FROM LEITH, MIDDLESBRO,

ANTWERP, LONDON

?

AND STRAITS.

THE 8.8. "BENLAWERS."

ONSIGNEES of Cargo are hereby informed that all Goods are being

"TYNDAREUS "

Fox SEATTLE, VANCOUVER AND VICTORIA VIA JAPAN are requested to take Delivery of Flour and Lumber Shipments as soon as the Vessel is ready to discharge and are, hereby notified that if their Lighters are not placed alongride the Vessel a required, their Shipments will be dis their expenss, where the Carge will charged into Holt's Wharf, Kowloon, at landed at their risk into the hazardous and/or extra hazardots Godowns of the He also at their risk and expense and Hong Kong and Kowloon Wharf and subject to the Terms and Conditions of at Holt's Wharf. Steamer will Godown Com Ltd. whence and/or from Storage

No Claims will be admitted after the Holt's Wharf, Kowloon ubject to the wharves Delivery may be phtained. commence Discharge on the 21at Fab.

the General Cargo will be discharged into Goods have left the Godowns, and at Consigneer risk

where it will lie

A

Terms and Conditions of Storage at Helt's What?, The Cargo will be ready for Delivery from the Godown on and after 21st Feb,

Goods remaining undelivered after the at 25th Feb, 1036, will be subject to Rent

All Claims against the Steamer must be presented to the Undersigned on or before the 10th March, 1936, or they will not be recognized.

To comply with the General Bonded Warehouse Regulations, consignees must Revenue Officer in attendance when damerei datiable goods, nie examined.

have

All broken, chafed and damaged Goods are to be left in the Godown, where they will be examined on the 24th Feb., 1936, at 8 am, by Hansen. Carmichael & Clark.

by

No Fire Insurance has been offsebed.

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 100, and Noom within the Free Storage period.

No Glains will be admitted after the Goods have left the Vessel's Godown, and all General Cargo remaining undelivered after 28th Feb, will be subject to Rent

All Claims against the Voose must be presented to the Undersigned an or before the 13th Mar., 1936, ar they will

t

Bills of Lading will be countersigned ( not be recognized

of the Executive Yuun in introduc-ertiment, and put this great ship. B. LOXLEY & CO. (CHINA) LTD.

Agosta.

ing by stagens the reforms impera- ping concern on a sound basis."__ tive for the rehabilitation of the Kuo Min..........

Hong Kong, 18th Feb, 1988,

No Fire Insurance will be affected.

BITTERFIELD & SWIKE

Agents, [421821st Februars, 1986.

!

?

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