1936-05-21 — Page 13

Priestina

Lloyd

|

MONTHLY EXPRESS SERVICES

FAR EAST-INDIA-ITALY

Hongkong-Italy st days y Hongkong-London 23 days

SPECIAL RETURN TICKETS "

Validity 100 days at greatly reduced coxt allowing of 3 months stay in Europe. Special concessions to ist and nd Class travelings to London.

Fares to Venice, Trieste, Genoa and Return...£139, £98, £56.

SOHEDULE OF SAILING

HONG KONG TO

ITALYĮ

.HONG KONG TO SHANGHAI

M.S." VICTORIA "

98th May

*M.S." HIMALAYA"

8.8. "CONTE VERDE,

29th June

M.S. VICTORIA"

30th May list Mar

M.S. “VICTORIA "

30th July

M.6. "SUMATRA "

5th June

S.S. "CONTE VERDE" 30th Aug.

S.S. CONTE VERDE"

20th June

*Freighters with limited passenger accommodation.

LLOYD TRIESTINO

P.O. Box 143. Tel. Addr. Lloydiano" Telephonos 32989/3. Canton Agent: -DODWELL & CO, LTD., Shameen.

HAMBURG-AMERIKA LINIE

Far Eastern Mail, Passenger & Freight Service

Through bookings to America via Europe and Europe via America. Itookings around the world. - Through bookings to London.

OUTWARD SAILINGS

زم

m.r. "LEVERKUSEN" for S'hai., Dairen, Tsingtao 8th June m.v. "MUENSTERLAND" for Fehow., Shai., Dairen, Taku, Tsingtau, hama, Nagoya, Kobe, Omaka ......

3rd June .."RHEINLAND"......for S'hai, Dairen, Taku, Y'hama.,"

Nagoya, Kobe, Osaka........... 24th June HOMEWARD SAILINGS

9.8. "NORDMARK" for Mlles, Antwerp, B'dara., Hamburg 20th May m.. DUISBURG" for M'lles, Blora., R'dam., 'burg.... 9th June s.OLDENBURG" for Millen, R'dam. E'burg......24th June .T. "LEVERKUSEN" for Marseilles, B'lona., Rotterdam,

Antwerp, H'burz................. 8th July

+ Passenger Vessel. • Limited Parsenger Accommodation.

For further particulars andi passagë faren, etc, apply to :-- HAMBURG-AMERI^ A LINIE

JEBSEN & CO, AGENTS.

12. Pedder Street. Tel. 28389.

CANTON AGENTS: CARLOWITZ & CO., Shakee Rond ··

JAVA

CHINA

JAPA

VISIT BALI AND

JAVA THIS SUMMER

Special Round Trip Fares 1st Class HONG KONG BATAVIA-HONG KONG H$275.

HONG KONG-BALI-JAVA-HONG KONG H$450.

HONG KONG-MANILA-HONG Koxo H$135.

NEXT SAILINGS ---

TO MANILA, MAKASSAR. BALI & SOERABAIA

@.s. "TJISADANE” 26th May, 10 á.m.

Trader Blake Pier .00 ... Tender Police Pier 0,14 a..m'

j.

TO BATAVIA DIRECT

*.S. "TJISONDAR!" 2nd June, 11 am.

Teodor Bike Pler 10,00 am, Tender Pollos Pier 19,15 am.

TO AMOY & SHANGHAI m.s.TJINEGARA" 28th May, 11 A.M. For further information apply:

Holland-China Trading Co..

H. Nolasco da Silva, Esq., Macao JAVA-CHINA-JAPAN LINE York Building.

Tel. 28015,

MODERN

-Canton

LIJN EXPRESS SERVICE

S.S. "BENREOCH"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH on or about the 9th June.

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

Next

Sailing for SHANGHAI & JAPAN S.S. “BENALDER" May 21st

Tel. 29533

al

For Freight and Passage apply to:-

W. R. LOXLEY & CO., (CHINA) LTD., York Building. Agency:

fi

THE BEN LINE STEAMERS LTD.,

HONG KONG DAILY PRESS. THURSDAY, MAY 21, 1936.

THE EXCHANGE

MARKET

MESSRS, ROZA BROS.

Silver prices were lower yester- day to the

extent of 1/16 for Ready and 1/8 for Forward, the quotations being 20 for both de- 1lvertes. Sliver advices reported China as having sold and India os having bought. After the off- cial axing there were smal) In- dian inquiries at 1/16 under the quoted rate. In America the rate was lower at 45% for Spot.

The London/New York cross- rate W1.3 slightly higher at 4.97.

New York/London was lower at 4.97 1/32.

MARKET

Qulet, the undertone was not robust.

STERLING

Opened with sellers at 1/3 31/16.. buyers bidding 1/9 23/32 resulting to business at 1/311/16 for near and forward. The market closed with sellers at 1/3 11/16 for near and forward, buyers at 1/3 23/32 for any delivery.

U.S. DOLLARS

Business was done at 32 9/16 for Cash and towards the close 32) was also arranged for forward de- Ilvery. The market closed with sellers at 32) for near and pro- bably forward. buyers at 32 9/18 for any delivery.

1

SHANGHAI DOLĻARS Business was done in the Inter- Bank market at 109 for. cash. There were sellers at 109 3/16. buyera at 109) for cash,

SHANGHAI MARKET There were sellers of Sterling at 1/2 for May and U. S. Dollars at

29 for May.

H. K. STOCK EXCHANGE

YESTERDAY'S.

OFFICIAL QUOTATIONS

Very little business was trang- acted during the short session and the market displayed signs of be- ing on the easy side.

BUYERS

Benguet Exploration 21 cts. Demonstration 88 cts. Northern 30 cts. Itogons $1.28.

United Farscale $1. Venz. Göldfelds $4.

Providents (Old) $1.05. Hotels $4,85.

HK, Land 4% Debentures 100,

H. K. Realties $41.

Hongkong Trams $11.

China Lights (New) $7.40. Singapore Traction 23/- Watsons $3.45.

Govt. 4% Loan 6% Prem. Govt, 31% Loan par.

SELLERS

Antamoks $2.80.

Wharves $91.

Providents (Old) $1,10. Star Ferries $80.

China Lights (Oid) $10.85. Cements $9.80.

BALES

Hongkong Banks $1565, Bagulo Gold 27 etc.

Demonstration 89/90 cts.

Northern 33 cts.

San Mauricio $13.

Ewo Cottons Sh$83. Humphreys $3.55. Star Ferries $89.

AMERICAN SILVER

POLICY

Agreement With China Favourably Received

New York, May 19. The Sino-American 'agreement is j favourably received by leading bar- kers and monetary authorities, who express the opinion that the trans action is the most sensible move yet undertaken by the Treasury in

connection with its aliver policy.

It is held that the arrangement is decidedly sound, when contrast ed with the practice last year of bidding up the silver price.

However, there is not much nope for early international cur- rency stabilisation by a series of bilateral conferences, as hinted by Mr. Henry Morgenthau, Secretary of the Treasury,

Bilver circles are now most inter- ested regarding the scope of the prospective silver purchases, and it ld understood that a definite sche- dule of purchases for the announ- ced period has been agreed upon.- Reuter.

LONDON EXCHANGE RATES

(BRITI WIRELESS SERVICE

Paris

May 18, 75 3.164

May, 10.

Genera

15.35

75 39/64 15:7

Berlin

13.33

Athens

530 S.

Milan

801

Shangbal

1/2 7/16

1/2 7/16

New York

4.984

4.97 1/16

Amsterdam

7.341

1191

673 S.

Vienna Prague

Bucharest Madrid Lisbon

36 23/84

7.353

1003

30 7/16

Hong Kong Brussels Montevideo Belgrade "

1/3 25/32 29.3+.

29,381

39 5/16 9.0.

Montreal

4.971

4.96

Yokohama

Helsingfors

Rio

Buenos Aires

Silver (Spot

Silver (forward) War Loan

201

20 11/16

201.. 31 100

Closing Quotations

My 10, 1938. On LONDON: -

Telegraphic. Transfer... | 38 Bank Bills, on demand 19:16 Bank Bills, 4 months'

sight

........ 1/3 Credits. four months'

night

ON SHANGHAI :-

On Demand

ON SINGAPORE:-

On demand

ON NEW YORK:-

Bank Bill, on demand 38) Credits, 60 days? night. 331

ON BATAVIA:-

On demand a

ON PARIS:-

471

Baak Billa, on demand 189

Credits, 4 month's sight 550

1/4 1/16

ON SAIGON J

1071

On demand

482

ON MANILA:--

BAL

Un demand... 642

ON BANGKOK:-

On demand

1104

On demand

143

ON INDIA:-

Bank, en demand. 86

1/4 1/16

ON JAPAN:-

Telegraphic Transfer...

SOVEREIGNS. Bank Buying

Bate

BAR SILVER, per os

tva

SINGAPORE RAW GERMAN CREDITS

RUBBER

Latest Singapure Prices

H. D. JOSEPH & CO.

Wednesday, May 20, Messrs. H. B. Joseph & Co., re ceived the

NO INCREASE GRANTED

London, May 19. The Chancellor of the Exchequer stated in the House of Commons at question time that his attention has been drawn to figures in the

A

PRESIDENT LINER TRAVEL SERVICE

is Yours to Command

Presidens ticure' frequent sailings and their uniqua power privileges allow you to Sravel just exactly as you choose, And Dollar Steamship Liase and American Mil? Le worldwide offices and agents are maintakoed te were you kabara in chance to be,

Lind way.

Make your next trip maza enjoyadja, travelling "The Freidan". Place you

TO SEATTLE, VICTORIA

TO SAN FRANCISCO

Via Shanghai, Kobe, Yokobama,

| Honolulu, San Francisco, Panaina

Canal, Havana, Hew York.

Pros. Taft

Pres. Hoover

Proa. Pierce

Via Shanghai, Kobe, Yokohama and Victoria.

8... June 3rd Pres. Jackson M'night May 39nd a.m. June 13th Pres. McKinler M'night June 8th 9.m. July 1st Pres. Grant 'night June 19th July 11th Fres, Jefferson M'aight July 3rd 6.a.m. July 9th Pres. Jackson M'night Jaly 17th

MANILA

Pres. Coolidge Proa. Lincoln

EUROPE, NEW YORK

THE MOST FREQUENT SERVICE

Next Sailing

Via Manila, Singapore, Penang, Colombo, Bombay, Suez Canal Naples, Genoa and Marseilles. Pres. Van Buren9 m. May 28 Pres. Van Buren 9 am. May 23rd Pros. Garfield m. June 6th Prea. Taft 6 p.m. May 26th Pres. Polk 8 am, June 20th Pros. McKinley $ pn. May 30th Pres. Adana Sa.m. July 4th Pres. Houver Pres. Harrison 8 a.m. J.ly 18th Pres. Garfield

p.m. June 4th 8am. June 6th

MOST FREQUENT SERVICE ON THE PACIFIC

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINETM

TEDDER BUILDING - HONG KONG, GASTON BRANCH :—4, SHAKAN HOAD,

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES.

OCEAN STEAM SHIP CO, LTD.

AND

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

CONSIGNMENTOR

JONSIGNEKS per Co.'s Vome!

FROM UNITED KINGDOM. VIA SINGAPORË,

be

are hereby notified that their Cargo will discharged Wharf, Kowloon, where it will He at into Holt's

Consignees risk and subject to Terms

CONSIGNEE NOTICES,

SERVICES CONTRACTUELS DIS MESSAGERIES MARITIMES,

CONSIGNEE NOTICE.

8.8. JEAN LABORDETM BRINGING CARGO To MARSEILLES, &c.

ARRIVED HONG KONG ON. FRIDAY, 1 15 MAY, 1936.

NONSIGNEES are hereby informed

following quotations report of the Bank for Internation- and Conditions of Storage, at Holt's that their goods with the exception

from Singapore in Straits Cur- rency for Raw Rubber,

Spot

July/Sept. Oct./Det.

Jan./March Market: Weak.

-254 Down

26 Down t 28 Down i 284 Down t

BENJAMIN & POTT

Wednesday, May 20. Messra. Benjamin and Potts re eived the following Straits cur-

rency quotations (buyers) from Singapore to-day for Raw Rubber

Buyers

Spot.

יי

25 cts. down 261 cts. down 26) cts. down i

July/Sept. Oct./Dec. Jan./March 26) cis. down i Market:-Quiet.

PHILIPPINE GOLD MINING SHARES

Wednesday, May 20. Mesma. Benjamin and Potta ro ceived the following quotations trom their Manlia Agents this merning*...

Beng. Conates. 11.00 Antamoks

12.00

1.76

1.80

United Paracales

.66,

68

9an Mauricios

.78

80

I. X. L's.

1.15

1.20

Masbates

.52

53

Demonstrations

.58

.59

Big Wedges Itogons

.23)

.24

.82

.84

BERLIN'S BIG DEAL WITH MANCHUKUO

£6,000,000 IN SOYA.

BEANS A YEAR

term

Whart. The Carge will be ready for Delivery from Godown on and after 18th May.

al Settlements and to the fact that in certain quarters the inference has been founded on these figures

Optional Cargo will not be landed here that British bankers had increased unless Notice has been given prior to thel: German credits during 1935. Steamer's arrival, but carried on from The Committee of British short-port to port to the final port of call to

creditors had

which the option atands, published a statement showing that this in- All broken, chafed and damaged Gooda are to be left in the Godowas, where ference was based on a complete they will be examined on any Tuesdays misapprehension. Total British and Fridays between the hours of credits, both used and unused, de- 10.45 1.M. and Now within the Free! creased during 1935 by just over a Storage period millum pounds. Larger reductions in credits of other countries were mainly due to the willingness of creditors there to accept repay ment in German currency, with the heavy capital loss which auch re- payment involved.— British Wireless.

TRADE BARRIER ABOLITION

American Campaign

Washington, May 19.

In turtherance of the campaign to secure equal commercial treat ment for all nations. Mr. Cordeli Hull, Secretary of State. in speech here to-night, called for ab end of discriminatory trade prac. tices in favour of reciprocal "most favoured nation treatment."

Goods have left the Steamer's Godown, No Olaims will be admitted after the and all Goods ramaming undelivered after the 26th May, will be subject

Bat

All Claims against the Steamer wart be presented to the Undersigned on or before the 8th Jabo, 1986, or they will not be recognised.

No Fire Theance will be affectëd BUTTERFIELD & SWIRE

Agonia.

18th May, 1936.

SILVER LINE.

NOTICE TO CONSIGNEES

FROM

[4488

NEW YORK ÁIÐ LOS A`GELES

TIBE Motor Vessel

TEE

"SILVERTEAK” having arrived from the above Ports on hereby informed that their Goods are 17th instant, Consigness of Cargo are being landed so thair risk into the Go He declared that an established dowerof the Hong Kong and Kowloon regime of equality of treatment Wharf and Godown Company, Limited, requires not only that nations Kowloop, and stored at Consignees riak should refuse to grant preferencesroken, chafed, and damaged Goods in their own markets, but also re- are to be left in the Godowns, where frain from seeking a preferential they will be examined on Saturday, position in the markets of other 23rd May, 1936, at 10 am. countries.

All Claims must be presented within Beuter.

18 Days of the vessel's arrival here after which

date

they cannot be to

ALARM IN FRANCE

cognized.

No Claims will be admitted after the Goods have left the Godower, and all Goods remaining undelivered after the 25th May, 1938, will be subiect to Rent

No Fire Insurance has been effected, Billa of Lading will be countersigned

FURNESS (FAR EAST), LTD,

2nd Floor, Hongkong & Shanghai Bank Building Kong. 17th May, 1938.

Dials 1316b"&'28169.

Parla, May 19. Financial circles are perturbed by the vast unemployment DTO- London, May 2

gramme launched by the General | bp Germany's urgent need of fata Confederation of Labour, under is shown by the terms of her new which, assuming the power behind trade agreement with Manchukuo the throne of the new Socialist signed here yesterday. It provides Government, it calls on the Bank Hong that Germany shall buy yearly of France to advance immediately £6,000,000 worth of soya beans 500,000,000 francs to finance public and that the Reichsbank shall pay works. cash for three-quarters of the

The programme insists on amount, the rest being paid for inmediate nationalisation of the arms German products.

industry and the introduction of a 40 hours week- Beuter.

I hear from German sources that the Reichsbank agreed to such'a large cash payment because of the pressing need of fate. The chief value of the soya bean is connected with the making of bread, cattle food, mlik linoleum, enamels and soap,

Germany will have the option of increasing the payment in kind to £2,200,000 and also of retaining the right to re-export the beans.

17.

The agreement is for one year from June 1, but may be extended, The pact does not imply German recognition of Manchukuo. The consent of the Chinese Central Government at Nanking was ob- tained by the German authorties.

[4434

SILVER AGREEMENT WITH CHINA

"Financial Times" Opinion

of Opium, Treasure, and Valuables are being landed and stored into the Go- downs of Hong Kong Kowloon Wharf & Godawn Co., Ltd., Kowlron, whence delivery may be obtained immediately after landing.

All claims must be sent in to me on or before the Tuesday, 26th May, 1936, or they will not be recognized.

Damaged Packages will be examined by the Company's Surveyor, Messrs, Goddard & Douglas in the presence of the Consignes at 10.00 am, on Thura- day, 21st May, 1936.

Consignees must have a Revense Officer in attendance when any dutiable goods are examined by the Company's Burveyors.

1'

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

·B. OHL Agens. Hong, Kong 18th May, 1938,

[4431

CONSIGNEES' NOTICE.

THE BEN LINE STEAMERS, LTD.

From LEITH, MIDDLESBRO", ANTWERP, LONDON “AND STRAITS,

Tax 88. BENGLEVOH.”

CONSIGNEES of Cargo are hereby landed at their riak into the hardena informed that all Goods are being and/or extra hasardous Godowns of the Bote Koně AND KOWICON WHARY AND Gosown OCHPANY," from the whares Delivery may be iLzo, whance andjar bined.

No-Claims will be admitted after the Goods remanding undelivered after the Goods have left the Godowns, and all 22nd May, 1935, will be subject to rant,

All Claims against the Blenmer maak be presented to the Undersigned as of before the 5th June, 1835, er fury will not be recognised

To

comply with the Genaral Bondad Warebouss Regulatin ENDOR must bares Rarenne erdwustan dance when damaged dutiable-goode

prsmined. Are

Air brokati, chafed and damaged Goods are to be left in the "Godayas, whore they will be examined of the 90th May 1936, 9 AM, by Messrs Carmichael & Clark.

No Fire Insurance has been affected. Billa of Lading will be countersigned by W.B.LOXLEY & Co. (CHINA) 145. Agenta.

14490

Hong Kong, 10th day, 1966.

ing seems advantageous for China on balance.

The Important point is that China baving suffered deflation almost to the breaking point, and in consequence abandoning silver as a monetary standard," has en- joyed a substantial recovery on the baria of its new currency system, London, May 19,

****That' improvement obviously Discussing the United States should be furthered as an addition- allver agreement with China, the a link in the chain of world pro- "Financial Times" anys to-day that | gress, the paper believes. broadly speaking the understand- Reuter