LLOYD TRIESTINO
FLOTTE DIUNITE LLOYD TRIESTING MARITIMA ITALIANA-DITHAO
EXPRESS PASSENGER SERVICE FAR-EAST-INDIA-ITALY
For Shanghai 8.1. “CONTE VERDE...38th Sept. B.B. "CONTE ROSSO".... 3rd Nav. 8.8. "CONTE VERDE"... 1st Dec.
For Italy
s.s.." CONTE VERDE"...11th Oct. s... "CONTE ROSSO"...15th Nov. 4. "CONTE VERDE... 13th Dec. *.a. "CONTE ROSSO"17th Jan., 36.
LLOYD TRIESTINO" Queen's Building, Ground Floor,
Tel."Add, : “LLOYDIANQ."
BARBER
P. O. Box 143. Telephone 2802).
Agents, CANTON,
Kesses, DODWELL & CO., LTD.,.
SHAMEEN,
WILHELMSEN
MONTHLY SERVICE
Pacific
SAN FRANCISCO
LOS ANGELES
"TO
Panama
LINE
Atlantic
BALBOA (Pasma) NEW YORK CRISTOBAL (Colon). BOSTON,
NEXT SAILING
M.V. "TAI SHAN”
ON
17th SEPTEMBER
EXCELLENT ACCOMMODATION
FOR 12 PASSENGERS,
DODWELL & CO., LTD.
AGENTS.
QUEEN'S BUILDING.
534'S SIREN
Deep Note's Range Over Ten Miles
The
London, Aug. 25. new Cunarder 534, which the Queen will launch and chris- ten at Clydeside next month, will have a siren that will ordinarily carry sound for ten miles.
Instead of being upright as other ships' sirens are its "mouths" will stand out, like eight-foot-long guns,' in all directions from the funnels. An electric switch will operate it. The note is A, two octaves below the middle octave on the piano, and although its mere whisper will carry so far, its mellow depth is such that the passengers on 534 itself will not be disturbed by it. Of all notes. this one was found by the acous- tic experts who have chosen it to be the ideal one for nerve comfort. It is expected that passengers will become, so attuned to it that they wil hardly hear the swelling wave of sound. Perfect "control" of its voice will be possible, and it will not always sing with the full ma- jesty of its three throats at once. Sometimes just a ten-mile "mur- mur" from one throat will be all that is necessary,
TELEPHONE 28021.
BRITISH TRADE RETURNS
Expansion In August
London, Sept. 14.
HONG KONG DAILY PRESS, MONDAY, SEPTEMBER 17, 1934.
H. K. STOCK
EXCHANGE
LONDON EXCHANGE RATES
110 Florina 516 S.
The market, remains steady. Bombay Is. 6d. per Rupee There are enquiries for Hotels, Brussels Lights, Ropes, Realties, Telephones
Bucharest Old and New, but sellers scarce and buyers may have increase their ideas of prices.
SALES
12.38 1/6 1/16 21.073 495
36 9.0. 22.40
(BRITISH WIRALESA SERVICE.}
Sterling Parity
Sept. 13, 7.30
Sept 1 7.30
„SATURDAY'S OFFICIAL"
Amsterdam
Athens......
QUOTATIONS
375 Drachma
516 S.
Belgrade
276,316 Dinarı
216 12.41
+
Berlin
90:43 Marks
1/8 1/18
21.06
35 Belgas
495
813,688 Lei
36 8.0.
Buenos Airó
47.56d. por Peno
are
to
22.40
Copeanageu
18.159 Kroner.
Geneva.....
95.294 France
15.15
Kelsingfors
193.23 Marka
2261
Hongkong Lisbon Madrid
1/81
110 Escudos
1107
1101
23.221 Pesetas 39 3/16
36 7/32
02.48 Lire
57 21/32
57 11/16
50.66d. per Peso
39
391 5.0.
Montreal
4.85.
4,36
New York
5.01
Oslo
19.901
HK. Lands, $50. Electrica, $714.
BUYERS
Union Insurances, $530.
HK. Fires, $243.
Douglases, $404.
Antamoks. 62 cts.
Balatocs. $37.
Baguio Gold, 48 cts.
Benguet Consolidated, $42.
Raubs, $124.
Ewo Cottons, Sh. $10.80.
Hotels, $5.40.
H.K. Lands, $491.
Chinese Estates, .$89. HK Trams, $20.
China Lights (old), $8. China Lights (new), $8.20. Telephones (old). $23.90. Telephones (new), $11.10. Singapore Tractions, 4/9. Singapore Tractions (Pref) 17/3 Constructions (new), 78 cts. Govt. Loan (4%), 8% Prem," Govt. Loan (31%), 21% Prem.
SELLERS
Hotels, 3511
Electric, $72.
Sandakan. Lights. $8.
Cements, $2.60.
Wallace Harpers,
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
8
There was no change in Silver prices in London yesterday, Ready at 21 11/16 and Forward at 214. China continued as seller and purchases were made for account of India The market closed on the firm side with American and speculative "buying Inquiries.
Sterling opened at 5.002 and closed at 5.01.
Market
The tone was steady.
Sterling
Milan.... Montevideo
Paris......
Prague
Rio de Janeiro
Shanghai Stockholm Visnus
Yokohama
4.587 Dollars 4.967 Dollars 5.00%
18.159 Kroner 194.21 Francs 164.25 Kroosn 28.03d. por Gold Milreis
19,904
15.16
2262.
1/62
75 3/32 118 11/16
75 1:32
118)
41 8.0. 1/5
# 8.0.
1/5
18.158 Kronor
19.391" 267
19.39)
24.35d. per Yen
1/27
26) #1/21
21 11/16
21
21.13/16.
34.36 Schillings
Silves (spot).......
Silver (forward)
War Loan
21% 34% 105
Closing Quotations
September 13, 1934
UN LONDON:
Telegraphic Transfer... Bank Bills, on demand 18 Bank Bille, 4 month
sight
Credits, four montha'
sight
ON NEW YORK:-
Bank Bills, on demand 38) Credita, 60 days' wight.. 39% ON BATAVIA:-
On demand
ON PAKIS:-
"Bank Bills, on-demand 5774
Credita, months' night 607)
ON SAIGON:-
On demand.
ON SHANGHAI:--
On Demand
1024
671
ON SINGAPORE :—
ON MANILA:-
On demand
de
On demand
* 77
ON JAPAN:-
ON BANGKOK :---
Ou demand
On demand
1201
ON INDIA-
SOVERLIGNE, Bank Buying
*021
་ -་༠ར་་༤
1/71
ין,
Telegraphic Transier... Bank, on demand ...
FOREIGN TRADE
OF GERMANY® August Position Reviewed
· (Bpecial to "Hong Kong Daily Press")
by Telegraph,||| Copyright,|| Tele................. graphic Message Ordinance. 1891. Received, September 16, 4-30 pm.) Berlin Sept. 15.
Despite the shrinkage in the Opened with 'sellers at 1/6 95/32, total volume of German foreign The Board of Trade returns subsequently 1/6 13/16 with buy-trade for the month of August for August shows AJA expansion
ers at 1/6 27/32. December busi- from 684 million marks in July to of both imports, arid exports, as ness was done at 1/6 29/32 and 677 millions in August, that is a compared with August 1933.
September delivery at 1/6 27/32, decline of seven million marks, the Imports were of the value of and there were rumours of busi-position taken as a whole shows a £60,027,050, being an increase of ness for October at 1/63. The mar- vast improvement inasmuch as the £2,000,832 as compared with the get closed with sellers at 1/8 deficit in balance was only nine figures for July and of £3,351,763 27/32 for near and buyers at 1/8 million marks in August as com.. on August last year.
7/8 for September and October.
pared with 42 millions in July.. This makes Exports were of the value of
the most August U.S. DollarsTM £32,090,009, # decrease
favourable month, of 1934 except. Sellere 39 3/16 and buyers at 30 March which had a slight surplus £139,812 on the figure for July, which, owing to the holiday sea- 5/16. Business was reported son, had more working days than October at 39 5/16. » ..
under view... and an Increase of £1,093.261 aver the total for August of 1933.
the month
of
The value of re-exports during the past month was £3.301.597.
1301.
561.
Yen
Guilden
for
balance of three million marks.
This change is doubtless the outcome of the Reich's new legis. lation for the supervision of fur- eign trade. For instance, import declined from 383 millions in July to 343 millions in August while a Business done 110 Buyers 1104, year ago, August 1933, the Imports sellers 110 7/16.
Shanghal Dollars
Shanghai Market
Figures for Eight Months For the first eight months of this year imports totalled £479,- 444,259, an increase of £49,281,081 compared with the corresponding period of last year, while exports at £255,089,324 show an increase rate improved to 1/5 1/16. Dol-eighteen inillion marks. The most
were 347 million marks. The de- cline since July, 1934 amounts to e per cent., the drop being due to Sterling opening. rate 1/5 near smaller imports of foodstuffs by and forward." Later the forward'
BAR HILVER per ca
******* 21 11/18
IMPORT PRICES
The Latest Quotations
The reports and prices are pub- Ushed as supplied by Importers:
Cotton Piece-Goods and. Fancy Cotton Goods
are
PRESIDENT LINER TRAVEL SERVICE
is the Same on Land and Sea
Dollar Steamship Lines and American Mail Line offices and agents throughout the world reflect the fdendly atmosphere that makes travel on President Liners first choice of so many people...And you are urged to take advantage of their com→ plete service wherever you may be. Let us help you plan your trip. Then let the offices and areais on your route serve you,
To SAN FRANCISCO 18 Days
via Shangbai, Kobe, Yokohama, Bonolulu
Fortnightly sailings
Pres. Pierce Sept. 9, Midnight Pres. Hoover Oct. 8, Nour Pres. Wilson..Oct. 28, Midnight Pres. Coolidge Nov: 3, rou Pres. Lincoln Nov. 10 Midnight
EUROPE, NEW YORK
Inquire for round-trip tickets to Burope, In connection with Lloyd Triestino, Via Manila, Singapore, Fenang, Colombo, Bombay, Suex Carní. Alexandria, Naples, Genos,
Marselles
Pres. Bayes ....Bopt. 29, 9 a.m Pres. Johnson... Oct. 13, 8 km. Pres. Monroe... Oct. 97, 9 am. Pres. Van Buren. Nov. 10, 8 a.m. Pres. Garfield.... Nov. 24, 81 m.
VICTORIA, SEATTLE 17 DAYS via Shanghal, Kobe,
Yokohama
Fortnightly sallings Pres. McKinlay Sept. 98, M'night Free, Grant Oct 19. Midsight Pres. Jefferson..Oct. 26, M'night Pres. Jackson.. Nov. 9, Midnight Pres. McKinley, Nov. 23. M'night
MANILA
THE MOST FREQUENT
SEBYICE."
Next Sailing
Pres. Frerco... Sept. 18, 6 p.m. Pres. McKinley.Sept. 99, 6 p.m. Pres. Hoover Sept. 27, 9pm. Pra Hayes... Sept. 98, 8am. Pres. Grant....Oct., 6 p.m.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
PADDER BUİLDING—HONG KONG,
CANTOM BRAKGX :—4, SHAKTI ROAD,
DR. SCHACHT'S DECREES
-Control of Imports Into Germany
од
London, Sept. 14. The effects of recent decrees Issued by the German Minister The following reports have been of Economics Dr. Schacht, have received:
been subjected to close" examina- The market för Cotton Piece- tion during the past few days, Goods continuea very quiet with with particular reference to their only a limited demand for "Spot" bearing the Anglo-German cargo. Manchester prices a exchange agreement, which was good deal firmer but local values signed as recently as August 10 do not improve. No new business and which came into operation on in Spring Fancies is reported to August 20.
Ir accordance with these date...
The latest Cotton prices to hand decrees, full control Wil be exercised over all imports going are those of the 13th inst
American Mid. "Spot". 7.09d. into Germany as from September Egypt. Sakel. F.GF. Spot" 832d. 24. Machinery for operating this
control provides Woollens
estimates There is a slightly better tone being made l advance to the and recent arrivals of the new amount of foreign exchange likely season's Woollens are going into to be available each month, and consumption fairly well. In some limitation of that month's imports will be strictly controlled by the satisfactory. instances, prices are but Serges and Garbardines are issue of permits so that payments not doing well on account of ser- may be met within the estimate.
The New System tous Japanese competition.
There is enquiry for Hosiery
Two important changes are Yarns and some sales are report-introduced by the new
system. ed in 'Spot" cargo.
First, the control applies not only as in the past to raw materials
SHARE QUOTATIONS
4
기
for
but to imports generally, and second, the new machinery will involve the abolition of general Exchange perinits which formed
for the eight months of £18,910,-, lars 35 7/18 for near, 351 forward./peful feature is the increase of Special to the "Hong Kong Dally the basis of the recent Angio
595.
improving to 351 and 35 9/16 forexports from 321 million marke in The increase in the volume of near and forward respectively..
RUBBER RESTRICTION IN imports during the past eight
MALAYA
Controller's Warning
London, Aug. 25. The Controller of Rubber has warned producers in Singapore
months, of nearly fifty millions, is heaviest in the category of raw ma- terials and unmanufactured arti- cles, which, compared with the corresponding period of 1933, atow
advance of £27,554,964. Arti cles wholly or mainly manufactur
regarding the carry-forward con- ed increased by £17.626,342, and.
CANTON SILK MARKET
The Kwangtung Raw Bilk Test-
struction. Canton. China.
July to 334 millions in August as
Press" (Uopyright.)] against 413 millions in August,
Berlin, Sept. 16. 1933. The rise from July to Gelsenkirch Mining August 1934, amounts to thirteen Co.
61 00.50 million or 4 per cent, the increase German Dye Works 145.50 | 145 | being due partly to greater export (Hamburg America of raw materials such as coal and Line
28.126 26.125 artly to manufactured goods, the Harpener rise being in about equal propor- Co. tions.
Mannesmann
dition of the Restriction Agree-food, drink and tobacco by £4.-ing Bureau, Department of Recon-and Holland declined but was more ment He has pointed out that 015,220. the maximum carry-forward of In regard to exports during the
eight months, articles, wholly or mainly manufactured show an ad- varice of £15.091,888 on last year's figures, while raw materials export-
export rights from one year to the next is limited to not more than 12 per cent of the permissible ex- porable amount for that control year. This gives a miximum carry-ed increased by £1331,076, and forward for Malaya for 1934-35 of food, drink and tobacco by £1,980,- 30,744 tons. This figure covers 815-
unused estate credits and also dea- British Wirelen,
lers' stock covered by export rights, «
For the Federated Malay States alone the corresponding maximum is 17,080 tons, whereas the actual carry-forward of the Federated Malay States alone on July 31 was 29,322 tona.
REICHSMARK QUOTA-
TIONS
(Special to the "Hong Kong Dally Press" (Copyright;)]
Berlin, Sept. 16. Reichsmark quotations (without
44.5 600.05
The Controller adds that, unless the estates use their provisional credita on a more generous scale, guarantes):-- dealers will cease to hold up rub- ber, and it will become necessary. to restrict the extent to which ex- port credits may be carried for- ward and also to limit the stocks held by individual dealera,
New York Paris ......... Afnsterdam Paris Sterling Dollar MA Tranincean Kuo Min.
88.94 75.03
14.965
1
Canton Quotations
September 14- Extra 0.8. 13/15 HK. $430N, Small Extra O§. 13/18 HK.
"$365N. Cracks N.B. 14/16, HK. $29UP. Extra Extra 20/22 ELK. $235N. Waste NB. Open HK, 852N..
Yokohama Quotations. ́e September 15,
Export to France, Switzerland,
ihan compensated by increased export to Sweden, Italy, Great Britain Denmark and Russia
Transocean Kuo Min.
TRICES ADVANCE
Berlin, Bept, 15., The very favourable figures about Germany's foreign trade, re-
Mining
104.50 10415
Roehren. 71.365 62
North German
Reichsbank 152 Rhenish Westphalen 103.875 104.375 Siemenshalske 147.50 148.50 United Steel Works' 40,625 40.50 Young' Loan .... .Linquoted 24 Transocean Luc Min
German agreement. In these dir- eumstances discussions with the. German Government are generally considered necessary to discover in greater machinery
detall how the new will function and
CONSIGNEE NOTICES.
CONSIGNEES' NOTICE,
THE BEN LINE STEAMERS, LIMITED,
FROM LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.
The Stowmahip "BENOLEUCH.”
CONSIGNEES of Cargo are bereby informed that sli Goods are being landed at their risk into the hazardous and/or extra hazardous God,wns of the Hong Hong and Kowloon Wharf and Godowe Co, Ltd, whenes and/or from the wharves Delivery may be obtained.
No Claims will be admitted, after this Goods have left the Godowns, and all Goods remaining -delivered after the 24th Sept. 1934, will be subject to Rext
„All Olaime against the Steamer mast be presented to the Undersigned on or before the 8th Oct, 1934, or they will not be recognized.
To comply with the General Banded have a Berente Officer in attendance Warehouse Regulations, consignses must when damaged dutiable goods are exammed.
Ali broken, chafed and damaged Gooda are to be left in the Godowns, where they will be examined on the 2nd Supt., 1854, at 10 am by Mesars Goddard & Douglas,
by
No Fire Insurance has been effectedì. Bilis of Lading will be countersigned"--
GIBB, LIVINGSTON & Co., Lim,
Agents. Hong Kong, 15th Sept., 1984
#COMPAGNIE DES MESSAGERIES MARITIMBL.
CONSIGNER NOTICE.
8.8 MIN." whether the recent Anglo-German ARRITED HONG HONG ON WEDNES agreement can continue to operate DAY, THE 19TH SEPTEMBER, 1984. under the new regulations; and u
ment.
7
not, whether it is desirable to - FROM DUNKIRK, ANTWERP, substitute for it a fresh agree- BOTTERDAM, LONDON, &o_
Now that the Lancashire spin-based Steamier are hereby informe NONSIGNEES of Cargo by the above Lloyd 28.625 28.625ners have refused the terms ed that their Goods with exception of 153.375 offered by Germany for repayment Opium, Treasure bud Valuables, ars of outstanding debts the whole being landed and placed at their risk in question of repayment of Ger the Godown of the Hong Kong Kow many's existing commercial debts bo whence Delivery can hoppta
loon Whert & Godown Co., Ltd. Kor to this country remains insettled tas Goods are landed. " and the matter will be raised in Goods not aloared within 7 Day the Anglo-Germar: discussions, including
take of arrival, will he subject. British Discussion ported elsewhere. put the shareThe price trend will set itself nc-
All Claim Abe sent to the US- The Foreign Office announces it derigned before the market Into optimistic mood on cordingly as soon as the practical has been agreed between His sith Saturday so that prices in many effects become apparent. Busi-Majesty's Government in
einber cases advanced satisfactorily. The ness was very lively on Saturday United Kingdom and the improvement spread -over- all
because of the publication of the Government that the sections of the market.
figures of Germany's foreign trade headed by Bir. Frederi Fixed interest securities were in August, showing a much favour Ross, Chief Economie also buoyant, gold and mortgage able outlook resulting from trade. His Majesty's Governi bonds rising half a point all round supervision. The price trend of proceed immediately to and in some cases three-quarter. the fixed interest security market initiate discussion
Before the publication of the followed" parallel to the share-mercial and financial particulars of the scheme on Tues-markét both being affected by the the two count New York Quotations are ob- day night, investors showed ex- same causes - Prices the close the new German. tained through Courtesy of Ameri-treme caution, and uncertainty of the week, dimered not greatly control of importa can Oriental Finance Corpora- was felt about the way the plan from those at the opening. of foreign exchange
would effect different industries, Transocean Aue
British
Bpot
Opening Yen 450
Bourse six months Yen '459
Now Tock Quotations
September 14.
Bid Ask December
1.11 ***** 1.10 February 1.11 1.12 April
1.1.11 1.12
on
Hong Kong, 13th Bepf, 1934,
will not