CONSIGNEE NOTICES..
.CONSIGNEES' NOTICE.
THE BEN LINE STEAMERS, LIMITED.
Fox LEITH, MIDDLESBRO', ANTWERP, LONDON, AND STRAITS,
The Steamship
* RENNEVIS."
CONSIGNEES of Cargo are hereby nformed that all Goods are being landed at their risk into the hazardous and/or arra bazardous Godowns of the EONG KONG AND 'KOWLOON WHART AND GoDOWN Comrixi. LTD., whence and/or from the obtained.
wharves Dolivory may be
No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 17th April, will be subject to Rent.
All Ulaims against the Steamer maat be presented to the Undersigned on of before the 1st May, or they will not be recognised.
All broken, chafed and damaged Goods are to be left in the Godowns, where they will be examined on the 15th Apr, at 10 M., by Mosers. Goddard a Dongiss
To comply with the General Bonded Warehouse Regulations consignees must have a Revenue Oficer in atten- dance when damaged dutiable goods are examined.
No Fire Insurance has been affected. Bills of Lading will be countersigned by GIBB, LIVINGSTON & Co., LTD.,
Agents. Hong Kong, 10th April, 1933.
1700
SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.
CONSIGNED NOTICE.
5.S. "ATHOS II."
ARRIVED HONG KONG ON TUESDAY, THE 11TH APRIL, 1933.
HONG KONG DAILY PRESS. TUESDAY, APRIL 11, 1933
MONEY AND MARKETS
U.S. INVESTMENT NEWS
Asia Lands Limited
1932 RESULTS
Unlike other
industries
and
trades, the food industry, and not- ably the Bakerite Company did nos suffer from the stagnation of busi ness activities which marked the major part of the past year. While the Sino-Japanese hostilities se verely handicapped the operations of must firms, the Bakerite Com pany was feeding the different army and navy divisin stationed in Shanghai. Receipts in February were the second largest monthly sales in the history of the Com- раду,
Sales of the Bakerite Company showed an impressive growth and stood at $1,094,610 at the end of 1939 against 8857,100 a year earlier Net income of the Bakerite Com- pany for the year ended December 31, 1932, amounted to 897,333.00.
HONG KONG STOCK MARKET
YESTERDAY'S OFFICIAL
QUOTATIONS
Investment securitics continue moving up steadily, Banks, Canton Instacos, Unions, Wharves and Lands being specially favoured
Among the lower-priced issues, Cements and China Lights were firm no quotation, whilst Hotels, after a slight recession, also came in for enquiry,
Sales.
Union Insurances 8560. Benguet Consolidateds $20. Hong Kong Lands $73, Telephones $27.90/27.30.
Buyers.
Hong Kong. Banks 81,743, Canton Insurances 81,360, Union Insurances $560, Douglases 832). Raubs. $91.
Benguet Explorations 28 cents. Wharves 8131.
Hong Kong Lands $791. Chinese Estates $96. China Lights (Old) $12, Electrica 871).
A regular quarterly-dividend ot|Hotels $6.80.– 37- cents per share was paid on! the common stock of the Company.) Reserves and undivided profits are enough to cover a quarterly divi dend at an annual rate of $1.50 per share for two years. The shares of the Company are listed on the Shanghai Stock Exchange They have a par value of $10 and their current price is 818.
Total assets. were $1,355,441 at the end of 1932 as compared with From MARSEILLES, ko
$889,789 at the end of 1931. The YONBIGNEES of Cargo by the increase was due to the new fac CON
above-named Steamer are hersby tory building valued at 8232,638. informed that their Goods, with the The ratio of current assets to cur- exception of Opiom, Treasure and Valurent liabilities was very favourable ables, are being landed and placed at and stood 8 to 1 at the end of The accumulated surplus their risk in the Godowns of the Kong 1932. Kong and Kowloon Wharf and Godown which represented the Oo., Ltd., Kowloon, whence Delivery can 893,428 at the beginning of be obtained as the Goods are landed.
increased to $128,007 by the end of last year, after paying a
15 per cent. dividend.
Goods not cleared within 7 days, in clading date of arrival, will be subject to
Rent.
All Claims must be sont to the Under.
signed before Thursday, the 20th April, 1933, or they will not be reco gaised,
Damaged packages must be left in the Godowns for examination by the Consignees and the Company's Sur veyors, Messrs. Goddard & Douglas, at 10a.m. on Tuesday, the 18th April, 1933, Consignees must have a Revonne Officer in attendance when damaged datiable goods as atmined by the Company's Surveyors.
Nu Claims will be admitted after the Goods have left the Godowns.
No Fire Insurancs will be effected by as in any case whatever,
P. PAYRAS,
Akint
Bong Kong, 14th April 1939.
(696
NORDDEUTSCHER. LLØYD, BREMEN.
THE Motor Ship
HYULDA"
having arrived from BREMEN, HAM- BURG and Ports, Consignees of Cargo are hereby notified that their Cargo is being landed at their risk into the Go- downs of the Hong Kong and Kowloon Wharf and Godown Co., Ltd., Kowloon, where Delivery can te obtained.
Consignees are further notified that the Motor Ship "FULDA" has taken at HAMBURG and BREMEN Through Cargo for HONG KONG ex 8.8. "JACOBA," 8.S. "HITA," S.8. "OBLA," 5.9. "LUMNx" and 9.8." GANTER' from GOTHENBURG, COPENHA- GEN, MANTYLUOTO and KUTKA respectively.
Ali Goods remaining undelivered after the 10th April, 1983, will be subject to Kent,
No Fire Insurance will be affected by ne in any case whatever,
Damaged Packages must be left in the Godown for examination by the Con.. signees and the Company's Barrefors, Messrs. Anderson & Asho, at 10 am.. on the 13th April, 1933.
Consignees must have a Revenue Officer in attendance when damaged datiable goods are examined by the Company's surveyors.
No Clair will be admitted after the Goods have loft the Godown and all Claims must be presented within Two. Weeks of the Ship's arrival horo, after which date they will not be recognised.
Consigness are requested to surrender" their Hills of Lading to the Undersigned for Countersignature,
Buiл of 1931
Cements (Combined) $7.05. Constructions (New) 90 cents. Hong Kong Government Loans $1
per cent. premium.
Sellers,
Providents (Old) 84.10, Constructions (Old) $4.
new factory of the Bakerite Com
THE EXCHANGE MARKET
MESSRS: ROZA BROS.. REPORT
"
Silver prices wore substantially lower over the week-end to the ex- tent of 1/4 Ready and 6/16 for For- ward, quotations were 171 for both deliveries. Silver advices reported America and speculators bought. China and India aa having sold. The tone at the close was steady. In America the rate was unchanged at 27 for Spot.
RESTORATION OF *SILVER
President Not Committed to Any Policy
WATCHING TREND
Washington, April 1.While veteran Senators and Representa- tives to-day declared that a majo rity of Congressmen would favour inflation of United States currency Administration let it be known by means of silver coinags, the that President Roosevelt is not committed to the rehabilitation of silver, despite his sympathy with the objectives of the silver advo cates.
The New York/London cross-rate was slightly lower at 3.41.
With the exception of the Shang-The Congressional veterana bas- hai dollar rate which was quoteded their statement on an informal at 100 and the Yen mto which was survey of both houses regarding put up to 1018, other rates were un
the silver bills now awaiting con- sideration. Congressmen who changed.
Market,
Quite, the tone was steady..
Sterling.
No business was reported. The market opened with gellers at 1/3. 10/39, buyers bidding 1/3.21/32. Subsequently the selling rate rose to 1/3.11/16 April, 1/3.23/30 May and 1/31 June, buyers probably ad 1/32 higher respectively.
Gold-Dollars
No business was reported. There were sellers at 22,5/18 April, 221 May and 22.9/16 June, buyers at 1/18 higher respectively.
-Yon
|
SIDENT LI
sail 1,591,000 miles every year.
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
To Seattle and.
Victoria
Fortnightly sailings on Saturdays
Apr. 19, 19.05,
Pran. Jefferson
Apr. 16, I am.
Apr. 28
Pros, Cleveland
May 8
May 10.
Pros. Taft
May 20
May 24
Pres. Jefferson...
June 9
June 7
Pros. Madison........
..... Junos
June 21
via Panama Fortnightly sailings on Wednesdays Pres. McKinley Pres. Coolidge... Pres. Lincoln
Pren. Hoover............... Pres. Wilson Pres. Coolidge
ROUND TRIP FARES TO EUROPE & AMERICA.
Direct Special through rates to Europe via United States. connections with all Atlanto Hines Choica of rail lines across United States and Canada, liberal stop-ovar privileges for Sight-seeing. Full particulars upon application.
would be willing to vote for infla. Fortnightly via Suez to Europe & America
tion by means of silver or other, processes, would insist on a definite limitation, however, it was said.
These facts were made known after Senator Key Pittman, chair- man of the Senate Foreign Rela tions Committee and leader of the silver bloo, sanounced that he would confer with the Secretary of Treasury, Mr. William Woodin, next week on a rehabilitation plan that would advance the price of silver so 60 cents an ounce, should- it be adopted.
Mr. Woodin is a sound money advocate and Senator Pittman, de- Merchants were quoted at 1034 for spite his advocacy of silver ncar delivery.
Shanghai Dollars, Business was reported at 1004 for near delivery. There were sellers at 100, buyers probably at 1/4 higher,
Shanghai Market, Following the abolition of the Tael exchange quotations in Shang- hai are now quoted in Dollars. Pay, already completed with ma- We understand that Tarla are st chinery installed, is considered to changeable into Shanghai currency be the most modern and hygienic in Shanghai at the official rate of of its kind in Shanghai. This plant was not in operation in 1832 71.5. Sterling to-day in Shanghai and its full production will not be opened at 1/2) sellers, 1/2.5/18 buy shown until the end of 1933. It era. The market was quiet. is located at the corner of Ferry IN THE AFTERNOON. and Sinza Roads and is a modern, up-to-date, fire-proof,
The market was quict in the five-storey afternoon.
re-
habilitation, claims that he is also, and he intimated that a silver bili could be worked out that would mean little if any inflation but which would be a boon to the silver producer.
Senator Pittman told friends that he was not as optimistic about the adoption of a silver bill as some of his colleagues and he in- timated that no.ther his bill nor any of those now before Congress would be adopted at the present session of Congrass unless the Pre- sident gave his full support.
The President was understood to be studying the present banking and business operations under the new Government rules, in view of deciding his position on silver.
President Watching.
Sales Organization: Up to the present time, the Bakerite Com pany has reached the customer building. The factory has capacity In Sterling business was roportod mainly through the Chocolate Shop for the production of about 40,000 at 1/3.13/10 for second, half July on Nanking Rond, but this year pounds of broad and about 5 tons and 1/3.11/16 April, finishing with an additional shop will be opened of biscuits each day. With com-sellers at 1/3.11/16 April, 1/3.23/32 on Bubbling Well Road, Salesmen plete facilities for the manufacture of the Company contact wholesale of all kinds of biscuits, bread, May, 1/3 June and 1/32/32 July, and retail grocers, hotels, restaur cakes, candies, chocolates, spices buyers at 1/39 higher respectively. ants, navy ships in harbour, clabs, and ice cream, the factory will be schools, ote. A special sales force in a position to furnish, at a res
The market closet with sellers at renders service to confectioners and sonable copt, a great variety of 22.3/18 April, 227 May and 22.9/18 bakers. It is planned to expand products to meet the different re- June, buyers at 22 April. 22) Mayness. He is therefore watching the these operations in time to the quirements of the many nationali and 22 June. Business was report-trend of banking operations to de- outports of China.
ties rosiding in Shanghai anded at 22.7/16 for May delivery. Manufacturing Facilities: The vicinity.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
Tel. 28360 Gloucester Building, Room 308.
New York: April 8.
(BRUTER'S AMERICAN SERVICK.]
Dow Jones Averages
30 Industrials
20 Rails
20 Utilities
40 Bonds
Change
Hight-1932
Low: Apr. 7
Apr. 8
88.78 41.30
41.22 58.78
80.30
.88 up
13.23 24.52
30.11 83.26
20.00 10.53 10.49 19,83 63.78 73.62 73.60
.48 up
.34 up
.02 down
Asia Lands, Limited, has received the following report from their New York correspondente, E. A. Pierce & Co. The market looked encourag- ing during the last hour, leading to the conclusion that the trailing position on the "long" side will be maintained. Whent opened easier but rallied later and sentiment was bullish. Cotton prices moved within a narrow range. The tone of the market was steady, with increasing intereat displayed. Silver prices ruled lower on commission house liquidation: Market closed steady.
Business Done: 440,000 shares.
Gold Dollars.
EXCHANGE
CLOSING QUOTATIONS
April 10, 1932.
ON LONDON :-
Telegraphic Transfer... 1 Bank Bills, on demand (1/3) Bank Bills, 4 months'
sight Credits, months'
sight
4.
r}83
1/4)
Bank Bills, on demand 214 Credits, 50 days' sight. 274. OK PARIS:-"
ON NEW YORK:-
He was represented in authorita- tive circles to-day as doubting the neccssity of additional currency for the transaction of normal busi-
termine whether the additional issue of Federal Reserve Bank. notes that was authorised, would provide an auaple monetary me dium.
བ
Fortnightly sailings on Saturdays via Manila, Straits Colombo, Bombay, 8no Canal, Alexandria, Naples, Genos, Marselllos,
New York and Boston......
Pres. Monroe: Prez, Van Buren
8 m....
Apr. 16, Fres. Garfeld.
Apr. 29. Pres. Polk.
TO MANILA
Next Sailing
May 18
May 27
........ Pres. Monroe April 15, 8 am,
Pres. Cleveland..............May & Fres. Taft
Pres. Coolidge...
Pres. Van Buren
Pres. Clevoland
...Apr. 18 pr. 29 Apr. 29
Pres. Lincoln....ay 2
May 13 Free. Hoover ...... May 18 Pres, Talt............May 20
Connecting with 8.8. MAXON 26 CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
CANTON BRANCH:"4, SHAKER STREET,
PACIFIC ORIENTAL
MONTHLY CARGO AND PASSENGER SERVICE
M.S
JUTLANDIA" Sailing on
24th APR.
CARGO AND PASSENGERS -ACCEPTED FOR SHANGHAI, SAN FRANCISCO, VANCOUVER,
SEATTLE, LOS ANGELES, ETC. - THROUGH BILLS OF LADING ISSUED TO OVERLAND POINTS. Excellant Passenger Accommodation: Passenger fare Hongkong/San Francisco
(1st class only)
G8120.
For Freight and Passage, etc, please Apply to:
THE CHINESE AMERICAN LTD.
SHIPPING COMPANY
THE BAST ASIATIC CO.,
Agents:
JOHNMANNERS & CO.LTD.
Spent: HONG SLING
Mr. Woodin has received reports that the "return of confidence in the banking structure has resulted in a wider use of cheques. He's Baid to be convinced that, with the present condition of business, there of silver would not only provide Congress would have a similar ef is a sufficient supply of currency "ample sound currency" within fect, these friends said, and it may Mr. Woodin Baid to-day that 265 the meaning of President Roose be tried as the first effort to re- National banks Lad opened in the velt's inaugural address, but would vive trade in the Orient and els ten days prior to March 28 and put the United States in a better where.
position regarding trade in the that their combined deposita Orient. amounted to $350,000,000. This with these motives President. number, he said, did not include Roosevelt is in full sympathy, but those which opened immediately his friends said to-day that neither after the more severe restrictions he nor Mr. Woodin is convinced PhilG
additional silver coinage is neces-" HK$100 were lifted.
sary to improve that trade.
Office: MERCANTILE BANK BUILDING (TOP FLOOR), 7, QUEEN'S RD., URETRAL, TELSTEONE: 24071.
Bank Bills, on demand 4694 Credits, 4 months' sight 693 ON INDIA:-
Telegraphic Transfer...]849
Bank, on demand
ON SHANGHAI:-
ON KONE:-
On demand
ON MANILA:-
On demand
ON SINGAPORE:—
T. DOI
On-demand-giantino146.
SOVEREIGNS, Bank: Buying
Rate.........
BAB SILVER, por 0% ........... 171
SILVER: LINE:
I
On Demand gi
101
434
On demand
50
•ON BATAVIA Z ***--
On demand
541
1032
Div. 8
LAST SALE
ON SALOON:---
HIGH
Low
PER. SH.
Apr. 7 Apr. 8
On demand
561
041
3)
3.00 Air Reduction
807
$57%
ON BANGKOZ:-
80%
72
6.00 Allied Chemical & Dye
-811
73
198
4.00 American Can
58)
+587
American Sinelting..
· 17 ·
17
1373
70
9.00 American Tel. & Tel.
91
921
·691
44
5.00 American Tobacco "B
612
10
3
Anaconda Copper Mining
71
1517
284
2.00 Auburn
431
18
1.60 Borden Company
22
201
Canadian Pacifie
.7}
J. I. Castlanına temos
40
212
1.00 Chrysler Motors
102
31
4.00 Consolidated Gas of N.Y. ....
-401
[684
23
3.00 Drugs, Inc.
232
591
29
2.00 Du Pont de Nemours
351-
361
3.00 Eastman Kodak.
49
50
5
6% & Electric Bond & Share
12
261
B
.0.40. General Electric animatz
134
199
2.00 General Foods
264
27
*248
78
1.00 General Motors
12h
12
24+
10
1. Gillette Balety
i
121 12:
31
104
108
7.00
34
"MELCHERS & 00......
Aguntar
NORDDEUTSCHER LLOYD, BENIN,
Hong Kong, 9th April, 1923.
AMERICAN ORIENTAL FINANCE
CORPORATION
A COMPLETE
SERVICE
A complete brokerage service for New York Stocks is available at our local Agents -
Asia Lands Limited
Gloucester Building. Daily Quotations sentegrelis *-upon request.
$89
0.00 International Harvester .....
(Preferred) International Tol. & Tel.
4.00 Liggott & Myers "B"
1.00 Loew's Inc.
Montgomery Ward
2,80 National Biscuit
2.00 Pacific Gas & Electric
0:30 Pennsylvania Railway
Radio Corpn.)......
Bears Roebuck
1.00 Standard Oil Co.
Jersey
0.40 Sotony Vacuum Corpn." 1.20 Union Carbide & Cai 6:00 Union Pariso
United States Steel Westinghouse
91 bid 91 bid
109.
174
134
*NOTICE TO CONSIGNEES.
TROK NEW YORK.
THE Metor Vessel
"KILVERSANDAL-
having arrived from the above Port on 4th instant, Consignees of Cargo are hereby informed that their Goods are being landed at their risk into the Godowns of the Hong Kong and Kowloon Wharf and Godown Company, Limited, Kowloon, and stored at Consigness” rink. and expense.
All broken, chafed, and damaged fronda are to be left in the Glodowns, where they will be animised on pavad 10th instant at 10 am
All Claims must be presented within 15 Days of the YouT
flod affer thei Goods
hamă left the Cindrena, and all Goods remaining, undelivered after the $11th instant will be anblack to Bait.
“No Fire Torninzión más bony
Bill of Lading will be countersigned
Nanking, Apr 3-Preliminary disqussions are taking plage betweca Mr. Shen Pang Fei, Director of the the Ministry of Education, and a Department of Higher Education of representative of foreign interests, relative to the consummation of n
The silver advocates have re- A reasonable tariff reduction loan for the development of Shensi peatedly stated that rehabilitation which will soon be.
oposed in Province.
-AMERIKA LINIE
NORDDEUTSCHER LLOYD * HAMBURC ́A
BREMEN
NORD
DEUTSCHER
LLOYD
BREMEN
FAR EASTERN MAIL PASSENGER AND FREICHT SERVICE
THROUGH BOOKINGS TO AMERICA via EUROPE
AND EUROPE via AMERICA."
BOOKINGS AROUND THE WORLD.
"THROUGH BOOKINGS TO LONDON.
ARRIVALS FROM EUROPE
SAILINGS TO NORTH DHINA & JAPAN
...(NDL) 8.8. #FAHN”!
SAILINGS
TO EUROFE
18th Apr.
"(HAT) M:S. "RAMSES"
,21st Apr.
18th Apr...(HAL) M:8. "RUHR" 80th
(NDL) MB "BAALE”. (HAL) M.B. DUISBURG " ..(NDI) M.S." FULDA"
21st Apr.
80: Apr.
8th May,
19th May
r... (HAI) M:S. "SAUERLAND",
28th May
DESTINATION
HAMBURG
口味
Genoa, Milles, Oran, Havre, Donkirk,
A'dam, R'dam, H'burg, Bremen Genoa, Marsellles, Rotterdam, Hamburg... M'llow, A'dam, B'dam, H'burg, B'men.
Genos, Barcelona, R'dam, H'burg,
G'oa,C'blanca, B'lona. L'bon,R'dam.H'burg.B'men Ganos, Marseilles, Botterdam, Hamburg Genoa, Botterdam, Hamburg
NDL. Hongkong/South Sea Islands service: 8.8. "BREMERHAVEN" 14th April, 1988 to RABAUL,
NORDEUTSCHER LLOYD
by
FURNISS (FAR EAST), TER,
Queen's Building, Tel. 26376.
2nd Floor, King's Building, Connaugh Boad
CANTON AC
Hong Kong, 4th Apri
TOLAGI, GIZO and porte HAMBURG AMERIKA LINIE
Blakes Road.
,
0