1936-07-16 — Page 13

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Priesti

Lloyd

NEXT SAILINGS

21st July

To Italy "Victoria" 30th July

To Shanghai Victoria"

SPECIAL RETURN TICKETS Validity 100 days at greatly reduced cost allowing of 2 months stay in Europe. Special concessions to 1st and ad Class travellers to London.

Fares to Venice, Trieste, Genoa and Return...2132, £88, L68. Special Two Months' Round Trip Tickets At Reduced Rates

To BOMBAY

COLOMBO

SINGAPORE...

H

SHANGHAI

£44

£41

£18 £12

£25

£21

£22

£19

£13

£11

£ 9

ЕВ

ROUND THE WORLD, tickets issued at Special Reduced Rates in connection with all the Trans- Pacific & Trans-Atlantic Conter- ence Lines.

ITALIA & COSULICH LINES Agents for the sale of through and Independent tickets to North. Central and South American ports via Italy.

THROUGH TICKETS TO LONDON-3 days Special facilities for despatch by train of heavy baggage with liberal free

allowance.

INTERCHANGEABLE RETURN TICKETS with the Dollar Lines on very favourabla conditio na,

LLOYD TRIESTINO

P.O. Box 143.

Telephones 32988/3.

Tel. Addr. "Lloydinno" Canton Agents:-DODWELL & CO., LTD., Shameen.

HAMBURG-AMERIKA LINIE

Far Eastern Mail, Passenger & Freight Service

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

OUTWARD SAILINGS

* mv. "RAMSES. for Shai, Dairen, Taku, Kobe,

Osaka, Yhama, Nagoya 28th July. ILY. "BURGENLAND" for S'hai, Dairez, Taku, Kobe,

Osaka, Yokohama, Nagoya... 11th Ang. 1.4 NEUMARK" for B'bai, Dairen, Taku, Tsingtas.

Kabe, Osaka, Yhama, Nagoya 24th Aug. HOMEWARD SAILINGS

1. Y. "RHEINLAND" for Miles, B'dam, H'burg......... 21st July

+m.v. "SAUERLAND" for M'lles., Antwerp, R'dam., H'burg 10th Aug. 3.8. NEUMARK", for Miles, Blora, R'dam., H'burg 25th Sept.

4

+ Passenger Vessel Limited Passenger Accommodation.

For further particulare and passage fares, etc., apply to:---

HAMBURG-AMERIKA LINIE

JEBSEN & · CO., Agarte.

די

12, Fedder Street, Tel, 29363,

CANTON AGENTS: CARLOWITZ & CO;, Shakée Rosd

JAVA

CHINA

LIJN

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 KONG H$135.

NEXT SAILINGS-

TO MANILA, MAKASSAR, BALI & SOERABAIA

m.s. "TJINEGARA" 21st July, 10 am.

Tender Blake Plær 9,00 am, Tander Failo Pier 9,36 mm

TO BATAVIA DIRECT 3.5. "TJISONDARI" 28th July, 11am.

Tender Blake Pier 10.00am. Tander Foline Pier 19,14 a.m.

TO AMOY "& SHANGHAI s.s. "TJIBADAK" 23rd July. For further information apply:

HONG KONG DAILY PRESS,

H. K. STOCK EXCHANGE

YESTERDAY'S

OFFICIAL QUOTATIONS

There was no marked change in the market to-day. Prices were well maintained in a steady mar- ket, but the volume of business I was smaller in vlew of the short session. Trams and Cements im proved to $1 and $8 respectively, The Manila market' was steady. during the greater part of the morning session but closed quiet.

BUYERS

HK Steamboats, $21. HK, and W. Docks, $103. Providents (Old), $1. Vens. Goldfields, 541. Antamoks, $5.

Consol. Mines: 5 cts. Demonstrations, $1.40..

HK, Land 4% Debentures 100.

HK. Trams, $104. Electrics, $50,

Telephones (Old), $254. Singapore Tractions, 32/6. Malabon Bugars, $91. Constructions (New), 30 cts, "Govt. 4% Loan. 7% Prem,

Govt. 31% Loan, 11% Prem.

SELLERS

Union Waterboats, $12. Benguet Explor... 33 cts.

SALES

Canton Insurances, $260. Antamoks, $5.30/5.15. Bagulo Gold, 40/39 cts. Benguet Explor. 314/33 ęta, Big Wedge: 60/68 cts. Consol. Mines, 51/6 cts.... Masbate, 94 cts.

Northern Mining. 40/43 cts." San Mauricio, $1.37;1.35. Suyoc Consal, 54 cts. Electrics, $501.

Hotels, $440.

Telephones (Old), $25ƒ. Cements, $8.90.

MANILA CLOSING SALES Antamoks, P.3.35.

Atoks. 0.59.

Baguio Gold, 0.25.

Benguet Consol, P.12.40, Benguet Explor.. 0.20. Big Wedge, 0.45. Demonstrations, 0,93. IXL. P.2. Itogons, P.1.30, Masbate, 0.58. Northern Mining, 0.26. Paracale Qumaus. 0,40. Jan Mauricio, 0.87. Buyoc Consol., 0.341. United Paracale, 0.88.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

THURSDAY, JULY 16, 1936.

LONDON EXCHANGE RATES

Paris

GUDATE

Berlin

Athena

Milan Shanghai

New York Amsterdam

Vienna Prague

Bucharest Madrid

(Bertion Winka" Kanvic

July 13,

75 63/64

15.36

July 14 75 57/64 15.35

12.45

12.45

63 11/16

1/2 19/32 5.02 11/16 7,38

5.03 11/16

121

36.11/16

PRESIDENT LINER TRAVEL SERVICE

is Yours to Command

President Lineaḥ, frajnand mailings and their unique stopover privilege allow you to travel fart exactly as your choos. And Dollar Belisahip Lines and Ameriosa Mail Line worldwide spes end speale are maintained to serve you babure in whatever plata you shame to be, Make your next trip more sujogable, travelling & The President Line walk-

TO SEATTLE, VICTORIA Via Shanghai Eoba. Yokohama and Vistoria.

To SAN FRANCISCO

Via Shanghal, Lobe, Yokohama. Honolulu, San Francisco, Panama Canal, Havana, New York.. Pros. Lincoln 3 a.m July 29th Pres. Jackson 9.p.m. July 18th Pres. Hoover 6am. Aug. 8th Pres. McKinley Might July 31st M'hight Aug. 14th Pres. Cleveland M'night Aug, 25th Free Grant Pres. Coolidge Noon Sept. 5th Fres. Jefferson M'night Aug. 3th. M'night Sept. 2nd Proa. Jackson M'night Sept. 12th

361

11

Lisbon

Hong Kong

1/3 7,18

29.71+

29.704

Brussel

.39

Montevideo

220

Belgrade

5.03+

5.031

Pres, Tuft

Montreal

Yokohama

Helsingfors

Buenos Aires

Rio

Silver (Spot

Silver (forward) .......... War Loan

"

19 11/16

102

3 106 3/10

Closing Quotations

July 15, 1936. On LONDON: -

Telegraphic Transfer... | 1,3 Bank Bills, on demandt/16 Bank Bills, months

sight

Credita. four months'

sight

ON SHANGHAI -

On Demand

ON SINGAPORE:-

On demand

ÖR JAPAN:

On demand

Ox India:-

Telegraphic Travefor... Bank, on demand..............

ON NEW YORK:-

191

19 11/16

1106 3/16

"

Bank Billa, on demand 39 1/18 Credits, 50 days' sight. 321

ON, BATAVIA: —

On demand

ON PARIS:-

102

Bank Bills, on demand 484

1/311/16

Credity, month's sight 570

ON SAIGON: ---

1001

On demand

*48)

ON MANILA:-

543

On' demand ..............

641

ON BANGKOK:-*

[09]

On demand

BOYEGA. Bank Buying

}844

Rate

1451

1//13/16

· ឆ

THE BOARD OF TRADE RETURNS

AN ALL ROUND

INCREASE

London, July 14.

The Board of Trade returns of Overseas Trade in June and for the first half of 1936 show com--" tinued improvement.

BAR BILVER, per o

FAR EAST PROBLEMS

CHINA FOR TRADE" DEVELOPMENT

Shipowner's Advicë To Glasgow Firms

EUROPE, NEW YORK!

MANILA

THE MOST FREQUENT

SERVICE

Next Sailings

9am. July 19th

Via Manila, Singapore, Penang, Colombo, Bombay, Snes Cara, Naples, Genoa and Marvellies. Pres. Harrison 8am. July 19th Pros. Harrison Pres, Hayes $ #13). Aug. 1st Pros. Lincoln 6 p.m. July 22nd Pres Wilson. 8am. Ang. 5th Pres. McKinley 6 p.m. July 25th Prea, Monroe. 8 an. Aug. 29th Pres. Hoover. 9. pim. July 30th Pres. Van Buren 8a.m. Bopt. 12th | Prar. Hayes 8 am. Ang, lat

MOST FREQUENT SERVICE ON THE PACIFIC

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PADDER BUILDING— HONG KONG. CANTON BRANOR :—4, BRAKES BOAD,

SAMBURG "AMERIKA LINIE.

NOTION TO CONSIGNEES.

MV.

THE SAUERLAND"

NOTICE TO CONSIGNEES

OCEỄN STEAM SHIP CO, LTD...

AND

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

TONSIGNEES par Co.'s Yussel

"CLYTONEUS"

having arrived, from Hamborg, and Forts of call, Consignees of Cargo are hereby notified that their foods ar

"landed and placed at their risk into FROM NEW YORK A MANILA. the Haus, Kous Bewloon Wharf

are barsby notified that their Cargo Godown Company's godowns at Kowloon,

discharged will be

into Holl' where delivery may be obtained as soon

Wharf, Kowloos, where it will Be as the Goods are landed.

Optional Cargo will not be landed at Consignees risk and subject to Terms and Conditions of Storage at hers, unless Notice has been given Holt's What The Carge will be hours prior to Vessel's arrival, but carried

ready for Delivery from Godown on and

after 13th July

on from port to port to the final port of call to which the option extends,

No Claims will be admitted after the here, unlaes Notice has been given prior Optional Cargo will not be landed Goods have left the Godowns, and so Vessel's rival, but carried on from Goods remaining undelivered after the

20th July, 1936, will be subject to port to port to the final port of call

to which the option extenda Beat

All broken, shafal and damaged foods United Kingdom imports in June

(Special Air Mail Service)

All broken, chafed and damaged Goods sre to be laft in the Glodewas, where they totailed £67,544,065, exforts £32,-

are to be left in the Godowns, where will be examined on any Tuesdays and London, June 27.

they will be examined on 18th July,

between Friday 064,534 and reexports £5,008,039. -

the hours of 10.45 KM, Ideal groundi for the develop 136, at 10 am by our Surveyors, and Noom within the Free Storage period. the corresponding figures for May

ment of all types of engineering | Mears, Goddard di Dangins.

No Claims will be admitted after the being £69,178,336, £36,396,327 and

was the description given to China

Goods have left the Vessel's Godown £5,634,554. In June 1935, im-

yesterday by Major the Hon ports totalled £57,829,113, exports | Leonard Cripps, a director of

sad all Goods remaining undelivered after the

will be subject to 90th July, £32,914,000 and reexports £5,221,- Messrs Alfred Holt and Co., ship

Hent owners, in a speech on board the

Claims against the Vessel muit be presented to the Undersigned on or

be recognized

599.

an

AD

For the first six months of this Blus Funne! Line vessel Ulysses 13th Aug., 1988, or they will not before the 3rd Aug.", or they will not

year imports totalled 402,801 348, increase of £430.034 on last year and of £40,614982 on the corresponding period of 1934. The

exports for the six months were £207,890.449, an increase of £1.- 415.258 on the last year and of £18,186,664 on the first six months Silver prices dropped 1/18 yea of 1934. Reexports totalled £32 terday

for both deliveries, the 406,858, an increase of £9,553.185 quotations being 19 6/8 for Ready on last year and of £3.390,749 on and 19 11/16 for forward. Silver 1994-

advices reported India as having British Wireless.

bought. China sold, After the

omcial aring there were Indian

inquiries at the axed rate but sel-

Glasgow.

1

Το comply with the General Bonded Warehouse Regulations consignees murt have a Revenus Officer in attendance when damared dutiable goods a examined.

All Claims must reach us before the

be recognized. anter- The shipping company tained a large number of prominent Glasgow business men to luncheon on board the Ulysses, which was lying at King George V. Dock At Hong Kong, 18th July, 1936, the close" of the luncheon Major Cripps spoke on trading condi tions in the Far East, from where he has just returned.

JAPAN'S DIFFICULTIES Tracing the industrial growth of Japan, Major Cripps said that 30 or 40 years ago Japan sent out a number of young men to be educat ed in other countries. They went to industrial cantres," where they to their own country to set up fas tories based on the very latest lines. They started off by satisfying their own requirements, but during the war they branched out and began to well goods that were not being supplied by European or Amari- Can countries.

lers were reluctant to quote. In SINGAPORE RAW were welcomed, and later returned.

America the rate was unchanged at 44 3/4 for Spot

The London-New York' cross- at 5.02 11/16. was quoted

Holland-China Trading Co.,

Canton "H. Nolasco da Silva, Esq., Macao rate

JAVA-CHINA-JAPAN LINE The New York-Landon rate

York Building.

MODERN

Tel. 28015.

EXPRESS SERVICE

S.S." BENVENUE'

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, and LEITH on or about the 17th July,

Cargo will also be accepted on through Bill

of Lading to the usual transhipment ports.

Next Bailing for SHANGHAI & JAPAN

**** BENLAWERS” July 19th S.S.

Tel £2533

For Freight and. Passage apply to:-

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

Agenta: THE BEN LINE STEAMERS LTD.,

quoted at 5.02 5/2.

MARKET

Dull but steady.

STERLING

WALK

A small business, was reportea during the course of the morning at 1/3 15/32 December and 1/3 1/2 for cash. The market closed with sellers at 1/3 15/32 Cash-Decem- ber, buyers at 1/3 1/2 for any da-

livery.

U.S. DOLLARM

No business was reported. There were sellers at 32 3/8 July-August, 32 5/18 September-October and 32 1/4 November-December, buyers at 32 7/16 Cash-August; 32 3/8 Sep- tember-October and 32 5/16 December.

SHANGHAI DOLLARS There were sellers at 107 - 5/8, buyers at 107 11/16 for cash.

SHANGHAI MARKET.

There were sellers of Sterling at

RUBBER

Latest Singapore Prices

No Laurence will be effected. Bill of Lading will be countersigned by

JEBSEN & CO, Agenta.

14558

BERVICES CONTRACTUELS DES MESSAGERIES MAFITIMES,

CONSIGNEE NOTICE;

8.8. MARECHAL JOFFRE 18 A536. BRINGING CARGO From MARSEILLES, KG. ARRIVED HONG KONG OF SATURDAY, THE 11TH JOLY, 1936.

MAL

No Fire Insurance will be affected.

-BUTTERFJELD & SWIRK,

Agenia. 13th July, 1990.

(4562

NOTICE TO CONSIGNEES."

PENINSULAR AND ORIENTAL STEAM NAVIGATION Co.' STAKE,"BOMALI"

ALEIVED HONG KỤNG or

14TH JULY, 1988.

FROM ANTWERP, LONDON, GIEKAL- TAH, MARSEILLES, MALTA, PORESAID, ADEN, COLOMBO AND STRAITS,

above-riatançi Vousel are hereby in. UNSIGNIES are hereby informedONSIGNEES of Cargo by the" that their goods with the exception formed that their Goods are being inded of Opium, Tressure, and Valuables are and placed ar zemin Kink in the Hong being landed and stored into the Go- | Kong and Kowloon Wharf and foderwa These countries were constantly downs of Hong Kong, Kowloon Wharf Company's Godowns at Kowloon where increasing their prices, and the Ja- & Godown Co., Ltd, Kowloon, whence each Consignment will be sorted out Mark panese found it possible to under-delivery may be obtained immediately by Mark and Delivery can be obtained

The Goods are sell them. They had steadily con- after landing, 2-

landed Messra. H. B. Joseph & Co., re-tinued to expand their trade, so.

Options have been given to ceived the following quotations in that at present the only things they Straits Currency for Raw Rubber were not ocinpetent to produce were very high-powered electrical from Singapers to-day:

plant and modern radio sets.

Major Cripps discussed the cur

Spot

B, B. JOSEPH & CO.

Wednesday, July 15

Buyer 27 unchanged Aug.-Bept... 271 unchangën Oct-Dec

271 unchanged Jan.-Mar. 277 unchanged Market: Quiet

PHILIPPINE MINING

The

RATES

Wednesday, July 18. following are to-day's

the

Goods will be landed here

All claims must be sent in to me an ur before the 22nd July, 1934, or they unless will not be recognized."

"Damaged Packager will be examined the permen Bir Hears befora azzival of

Compsary Surveyor, Mesars, Goods got cleared

within 8 days in- Goddard

& Douglas in the presence of aluding date of arrival will be subject to 17th July, 1938.

No Consignees must ha

reacy difficulties in which Japan the Consigneer at 10.00 Kn Tri- Fire Insnrangs will be affected by

day,

a Revenue as in

any case whatever Officer in attendance hen any datable Damaged Packages must be left in the Godryas fur examination by the Consignees, and the Company's surveyor, Houers, Gardann kilovatás, at-10 a.m. on Mondays and Thursdays, within the Free Storage period.

notified that

goods are examined by the Company's Surveyors.

No Fics insurance will be affected by us in any case whatever.

B. OHI

found herself after her entry into general trade, and he said that they had now a much greater diff. culty in that they had to increase their army, navy, and air force in order to protect that foreign trade, So far as Japan was concerned, there was little or no chance of this country extending her trade there. Hong, Kong 11th July, 18 6.4550it

LENDING 'CHINA "MONEY Dealing with China, the speaker said the only thing China required was credit. She had none at pre-credit they would buy anything.

Germany, he understood, had

Agent

If they could give the Chinese

Confignies are *reona Oficer 10

+

necessary for

be present at the exaurinaion of damaged dutiable cargo.

All Claims Against the Breamer must

presented to the Undersigned on or 3rd Aug. 1838, or they will

bedare

1/2 3/8 and U.8. Dollars at:30 1/16 opening and closing rates on the sent, due largely to the attitude of lost on the whole of her exteruali aot be recognised.

tor Spot.

BANK RESERVES INCREASED

Washington, July 14,

The Federal Reserve Board- an- nounced a sharp increase in the reserve requirements of its mem- ber banks, to become effective after the close of business to day.

Mr. Marriner Eccles, chairman of the Board,, says the action is de- signed to prevent possible"= jurious credit expansion" and to promote conndence in the long- term investment market Beuter.

Manila Stock

Big Wedge.. Demonstration Itogons Masbate

Ne Olims will be admitted after the Goods have left the Godown, t

Japan. The whole place waG. ONG vast intrigue to prevent money be finance well under 1 per cent, but Opening Closing ing lent to China and China de she had given employment to MACKINNON, MACKENZIE & Co.,

great number of her people and

Agents. veloped NA

had increased the speed, with which Hong Kong, 14th July, 1936 money was circulated.

Only one country had had the courage to lend money to Ching that was Germany. The money had all been lont by individual merchants and guaranteed by

German Insurance companies.. The effect of that was that no Bri

It seemed to him that the busi- ness men of this country ought to

take some steps to see whether ous days from foreign countries. they could not make up a scheme The coal trade was rather in a which would enable them to put state of fix. If it had been left.

tisher had any chance of ever gets hand into that pie where orders to work out its own salvation he

P$

Pa

Antamoxs

3.40

335-

Ataks

60

59

Baguio Gold

25

25

Benguet Con.

12.30

12.40.

Benguet Explor.

20

45

91

193

125

1.30

57

68

ting any of the big engineering contracts in China because the Ger

'Northern Mining

25$

· 26

Paraçala. Chimaus LIL

39

40

1.95

2.00

San Mauricio Bayoca

341

United Paracale,

Market

of £500,000 were not uncommon. thought it might have been better

JOINT ACTION NECESSARY for the country as a whole,

Regarding trade generally they mana 'could always quots much Colonel Norman Kennedy, pre lower for them. China had a sident of Glasgow Chamber of Com knew that to get back to a state of population of between 400,000,000 merce, thanked Major Cripps and prosperity they must increase their and 500,000,000, and it was an ideal proposed the toast of the Holt Com-exports. He did fool that it was in ground for the development of en- pany Trade, he said, we are that connection, that they must get gineering," electrical, water and doubtedly better and shipbuilding together and discuss their problems. lighting schemes, as it was almost was fourishing, though we were If that was done he was sure they Steady. Gulet wholly undeveloped.

not getting the business of previwould find some way out,

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