MAERSK
LINE
SERVICE
MAERSK LINE
Fast regular FREIGHT and
PASSENGER SERVICE
via
Shanghai, Japan, LOS ANGELES
and PANAMA
NEW YORK,
to
HONG KONG DAILY PRESS, SATURDAY, SEPTEMBER 22, 1934.
H. K. STOCK
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
LONDON EXCHANGE RATES
On Amsterdam Athens.... Belgrade
The outstanding feature of the Berlin week has been the success of the Bombay issue of the Hongkong Land Co.'s Brussuis" 4 Debertures at $20,000,000, which | Bucharest
BOSTON, PHILADELPHIA & BALTIMORE.there is reason to believe was 2 Buenos Aires
If audiant inducement offers also other ports of call,
Arrivals from U8.A."
Ard Oct.
Sailinge to USA.
M.V. "OERTRUDE MAERSK " 28th Oct.
- (All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE RATES.
For Freight and Passage plesao apply-
JEBSEN & CO.
times over subscribed, practically Copenhagen as soon as the Ests were opened. | Geneva ...... Both issue of Government Loans Helsingfors
-Hongkong are in great demand with nothing
Lisbon
offering. Banks and Unions IL- Madrid.........
main steady in spite of higher
Milan Exchange, Other sections of the
Montevideo market on, the whole may be de- Montreal scribed as quiet, with cccasional New York demands which always present Oslo some d'ficulty in filling.
BRITISH WIRKENG SERVICH. 1
Sterling Panty
Sept. 19.
516 S.
12.10 Florina 7.284
... 375 Drachma
276,316 Dinare 216
...... 2043 Markı 12,38 19 ad per Rupee 1/6 1/15
36 Belgas 21.05 ........ $13,558 Le: 595
47.88d. per Feno. 36 3.0. 18.139 Kroner 22.40 25.221 France 15.15
Supt tu 7.27 $16 S. 216 12.341
1/6 1/18 20.991 495
36 8.0.
39 7/16 8.0.
22,40
15.11
193.23 Marka 2261
2263
1/8 13:16
1/07
110 Escudos 110 25.29) Pesetas 36 3/16
92.48 Lire
571 50.88d. per Peso
991.8.0. 4.867 DollarE
4.85 4.867 Dollara 18.159 Kroner 194.21 Franca
1101
361
57
4.841
5.00 5/16 19.001 74.31/32
5.99 7/16
19.901
164.23 Kranen
1187.
Milreis
Shanghas
41 8.0. 1/5
Stockholm .. Vienas
18.159 Kronor 19.391
34.56 Schillings 26)
261
94.58d. per Ten
1/2 5/16
Silvor (spot)
***
Silver (forward) War Loan
21 13/16 211
217
71%
Paria Prague
Union Insurances, $535. $5373, Rio de Janeiro ... 26. 8d. per Gold
Hongkong Banka, $1726.
Canton, Shameen, B.C... Agents.
Tel 10918.
Hong Kong. Pedder Building.
Tel. 28363.
$538.
China Underwriters, $1.15,
Hongkong Fires, $249.
Lands, $50.
NORD
LLOYD WHEMEN
HAMBURG-AMERIKA LINIE • NORDDEUTSCHER LLOYD
MAMBURO
Far Eastern Mail Passenger and Freight Service
Through bookings to América via Europe and Europe via 'Asserica. Bookings around the world, Through bookings to London.
"
OUTWARD SAILINGS
(NDL) ..." COBLENZ"........for S'hai., Taku Bar, Dairen, Tsingtay, F'hama,, Nagoya,
Kobe...
†(HAL) m.v. "KULMERLAND"
(NDL) m.s. "SAALE
*(HAL) m.v." RUHR”.
•(NDL) 8.5. "MAIN"...
14th Sept.
for Shanghai, Taku, Dairen, Kobe, Yokohama, Nagoya
for Shai., Taku Bar, Dairen, Tsingtan, Y'hams., Kobe
... lat Oct. ...for Shanghai, Kobe, Osaka, Yokohama, Taku, Dairen, Tsingtau
Realtles, $4.70.
Tramways, $20, $20.40,
China Lights (Old), 88.60 $8.85.
China Lights (New), $8.40.
Electrics, $713.
Ropes. $31
Dairy Farms, 8244.
Raubs. $13, 313.30.
Raubs, exXV: $139
Gold River '23. cts, Ewo Cottons. SH.$10.9.
SALES
Realties. $4.70.
THE EXCHANGE
MARKET
MESSRS, ROZA BROS.
Silver prices did not rise to the extent anticipated in the London 27th Sept. market yesterday. Ready delivery at 211 and Forward at 21. 15/16 were 1/16 up; China sold to a moderate extent, but apparently sufficiently for American and In- dian requirements. The market closed dull, and there were по buyers in evidence for the time being...
14th Oct. for S'hai., Take Bar, Daires,
Tsingtan, Yokohama, Kobe... 18th Oct.
HOMEWARD SAILINGS (NDL) m.a." FULDA”..... ...............:
+(HAL) m.v." BURGENLAND*
*(NDL) 1." ISAR".
+(NDL) 3.4. "COBLÉNZ”
22nd Sapt,,
for Genos, Barcelona, Lisbon, Dover, A'dam,, R'dam., Hamburg, Bremen............
for Genoa Rotterdam, 'barg.
........for Gonca, M'lles., Oran, R'dam.,
H'burg, Bremen ..... for Genoa, Barcelona, Lisbon,
Dover, A'dam, R'dam... Hamburg, Bremen ......91st Oct.
.....20th Sept
8th Oct.
+
+ Passenger Vessel Limited Passenger Accommodation.
N.D.L. HONGKONG/SOUTH SEA ISLAND SERVICE.
4.5. "FRIDERUN" Sad October, to, MADANG, RABAUL and ports.
For further particulars and passage fares, eto, apply to HAMBURG AMERIKA LINTENORDDEUTSCHER LLOYD JEBSEN & CO., AGENTS,
12, Pedder Street, Tel. 28363.
CANTON CARLOWITZ & CO. Shakes Road.
SERVICE TO READERS
THE HONG
KONG
DAILY PRESS, LTD.,
and the HONG KONG
MELCHERS & CO., AGENTS, Queen's Building, Tel. 98378. AGENTS:
JERSEN & 00, Shameen C., B.
NOTICE TO CONSIGNEES. PENINSULAR AND ORIENTAL STEAM NAVIGATION Go,'a STEAMİZ "COMORIN."
ARBITED HONG KONG on 20TH SEPTEMBER 1934,
Yaox ANTWERP, LONDON,GIBRAL TAR, MARSEILLES, MALTA, PORTSAID, ADEN, COLOMBO AND STRAITS..
the Goods are landed.
WEEKLY PRESS, throughONSIGNEES of Cargo by the above named Vessel, are hereby informed their London Office, at 53, that their Goods are being landed and placed AT THE-xx in the Hong Kong FLEET STREET, E.C. 4, Tel. and Kowloon Wharf and Godown Cou
pany's Godowns at Kowloon, where each are prepared to give by Mark and Delivery can be obtained as Consignment will be sorted out Mark 3137,
Subscribers and Visitors advice regarding accommoda- tion available, motoring, faci lities, suitable shopping centres, etc..
If, when at home, they will
call or telephone to the above
Optional Goods will be landed here unless Instructions have been given to the contrary Six Hours before arrival of the Steamer.
Goods not cleared within 8 days including date of arrival will be subject to Rent.
No Fire Insurazos will be effected by us in any case whatever,
Dainaged Packages must be left in the Godown For examination by the Con sign, and the Company's Surveyors, Mestre, GODDARD & DOUGLAS, at 10 mu Free Storage period on Mondays and Thursdays, within the
Consignsen are specially notified that
address, they will receive theiti Boosmary for Revange Ufflour to be present at the examination to almaged dutiable cargo:
utmost assistance and the Blatest available information on
all subjects of enquiry will be placed at their disposal.
All Cisime against the Steamer must be presented to the Undersigned on or before 10th Oct 1984, or they will not be recognized.
Sterling was lower in New York at 4.99 at which rate it opened and 'closed.
Market
Steady early in the session with indications of robustness, but the tone was not maintained. Business was small,
Sterling
Yokobams
UN Leapon:-
Closing Quotations
September 21, 1h3t
ON NEW YORK:-
74 25/32 1184
41 9.0. 1/5 3/16 19.394
1/2 5/16
21 15/16
3% 105 3/16
Pank Bills, on demand se Credita, 60 days' night.. 401 ON BATAVIA:-
46)
Bank Billa, na demand 580 Credits, 4 months' sight' 510
Telegraphic Transfer... Bank Bills, on demand 16# Bank Bill, 4 months'
sight
1/
On demand ON PARIS:-
Credits, four months'
"sight
ON SHANGHAI:-
ON SAIGON:-
On Demand.
... 10
ON SINGAPORE:-
ON MANILA:-
On demand
DN JAPAN:-
Ox BANGKOK:----
On demand
14
On demand
ON INDIA:
Telegraphic Transfer.." Bank, on demand
102)
On demand
58
On demand 771
SOVLEKIONG, Bank Buying
Nate
BAR SILVER, per of
ܬ݂ܳܐ
Pound Plunges To New
Low Record
holding
mining companies are back gid is not accepted in the City.
(Special Air Mail Service) London, Sept. 5. Sterling took a "fresh" plunge yesterday to new low points. In terms of franca and the new Boosevelt dollar the pound has not been so cheap before.
In usually well-informed quar ters it is contended that the jstrength of the dollar is due to Ja Paris the pound fell another bear covering by speculators who franc to 74 17-32, while in New recently sold dollars when the York 3 cents were taken off the U.S.A. Since last Saturday the pound has value of the pound at $4,08 5-8. plan. depreciated by 8 cents and 1 3-16 france.
Was offered at the opening at 1/7 for October and subsequently for near, buyers asking for 17 1/32 including October. Later the rate was available for
These were not the lowest points only at which it closed at the of the day, which were. $4.381 and lunch hour. Business done 1/32 October, 1/7 near...
October
formulated its silver
which are operating against ster There may be deeper causes ling, bat these have no connection with the financial position of this country. Still less are they due 1/774 7-18 respectively. A short to the industrial position or out
lived rally was ascribed to the look. re-appearance of the Exchange STOCK MARKETS FIRM Fund, but its. efforts failed to
Currency confusion failed to check the decline, which was unsettle stock marketa. Gilt- resumed.
U.S. Dollars Business done 39 9/16 for Octo- ber: sellers 394: buyers 397.
Yen
132.
Guilders
571.
Shanghal Dollars" 110 was done for cash and 110 7/18 for October. Buyers at 1103, sellers 110 5/16:
Shanghai Market Sterling steady at 1/6 3/16 for near and forward and Dolists at 35 13/16 and 357; the latter eased a fraction during the morning to 361 and 35 13/18.
IN THE AFTERNOON
A new high record price of 140s 11ld was established for gold yesterday morning. Buyers were akeen that they paid 4d over the price at which the gold could be sold to the Bank of France. With sterling continuing to fall, subse quent transactions took place up to 141 6d, fairly large amounts changing hands.
edged securities went ahead again. but an early rise in gold-mining shares was not maintained owing
who
profit-taking by those feared that the present high price for gold might not last.
13
PRESIDENT LINER TRAVEL SERVICE
makes Traveling Effortless
President Liners' frequent sedlings and their unique stopover privileges allow you to travel just exactly as you choose. And Dollar Steamship Lines and American Mail Line world- wide offices and agents are maintained to serve you ashore in whatever place you chance to be. Make your next trip more enjoyable, travelling "the President Liner way,
#
To SAN FRANCISCO 18 DaysTo VICTORIA, SEATTLE 17 Dayst via Shanghai, Kobe," via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings
Pres. Fierce Sept. 2. Midnight Fres. Hoover . Oct. 8, Noon
Pres. Wilson..Oct. 95, Midnight Pres. Coolidge Nov. 3, Neon Pres. Lincoln Nov. 20 Midnight
EUROPE, NEW YORK
Inquire for round-trip tickets to Europe in connection with. Boyd Triestina,
Via Manila, Singapore, Penang, Colombo, Bombay, Buez Canal Alexandria, Naples, Gatos,
Marseilles.
Pres. Hayes.....Sept. 99, 8 a.m. Pros, Johnson... Oct. 13, 8 a.m. Pres. Monroe... Oct. 97, 9am. Pres. Van Buren. Nov. 10, 8 a.m. Pres. Garbold... Nov. 24, 8 am.
Yokohama
Fortnightly smilings Pres. McKinley.Sept. 23, M'night Pres. Grant Oct. 12, Midright Pres. Jefferson. Oct., 26, M'night Pres. Jackson. Nor. 9, Midnight Prea. McKinley.Nov. 23 M'night
MANILA
THE MOST FREQUENT SERVICE
Next Sailings
Pres. McKinley Sept. 19, 6 pm. Pres. Hoover ..Sept. 27, 8 pm. Pres. Hayos.... Sept. 29, 8 a.20. Prea. Grant......Oot. A, 6 pm, Pres, Johnson.....Oct. 15, 8 30.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
FADDER BUILDING-HONG KONG.
CANTON BRANCH :-4, BRAKE BOAD
CONSIGNEE NOTICES..
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO., LTD.
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
AND
YONSIGNEES per Co.'s Vessel-
"TEIRESIAS“
FROM UNITED KINGDOM
VIA SINGAPORE. are hereby notified that their cargo will be discharged into Holt's Wharf aces risk and subject to terms and Kowloon, where it will lie at Consig
conditions of storage at Holt's Wharf. The Cargo will be ready for delivery from Godown on and after 20th Sept. here, unless notice has been given Optional cargo will not be landed prior to steamer's arrival hat carried on from port to port to the final port of call to which the option extends
All broken, chafed, and damaged goods are to be left in the Godowns, Tuesdays and Fridays between the where they will be examined on any hours of 10,45 AM. and Nook within the free storage period.
No cisims will be admitted after the Goods have left the steamer's new level for the dollar's weak- undelivered, after the 26th Sept, will The most direct result of the Godown, and all Goods remaining ness was seen in American securi-be subject to rent. ties, which were inclined to wear All Claime against the Steamer must Iren. The appreciation of be prewanted to the undersigned on in Wall Street, which prefers not be recognised. America's currency is not popular or before the 10th Oct, or they will inflationary tactics.
No Fire Insurance will be effected...
BUTTERFIELD & SWIRE,
Agents.
Years
is explained by the belief thst The speculative demand for gold eventually America's gold price will be raised. At the same time Only one section of the... Btock gold is also bought in order to Exchange showed real weakness- protect capital against the fluctua- the market for German bonds. th September, 1834. The market was absolutely stag-tions of currencies. As sterling Dr. Schacht's claim for a complete nant in the afternoon. No bus remains weak, to-day's price at moratorium for ness whatsoever was reported.
several the fixing should show a further inflicted sharp falls in the Dawes Sterling
rise.
and Young Loans, which declined Sterling was available at 1/7 with REASONS FOR!" FALL
3 points each to 471 and 351 res buyers at 1/7 1/32, including de-. Fresh reasons emerge for the
pectively. livery for October, and Dollars speculative drive, against the! sellers at 394. buyers at 391, but pound. Distrust of the dollar's; one lot was probably obtainable at future and the balist that the 39 9/18--
H.K, SHAREBROKERS' ASSOCIATION
BUYERS
Bank of East Asia $90 Canton Insce $285 Underwriters $1.10 Antamoks 64 cts. Hotels $5.40 Baguio Gold 47 cts, Lands $50
Providentă (Old) $1.45 Trams $201 Ferries $971 Yaumati Ferries $21 Lights (New) $8.25 Electrics $70 Ropes $3.15
Constructions (Old) $1.55 Constructions (New) 75 cts, Nanyange $4.70 Gold $ Bonds 854%.../=!
No Claims will be admitted after 8C Enterprise $1.30
Goods have left the Godown. MACKINNON MACKENZIE & Co,
[2863
Agents.
Hong Kong, 20th Sept, 1934.
Vibro Piling $8
BELLERS
H. K. Fires $243
Lights (Old).$8.60- Cements. $2.20
pound will attach itself to the dollar rather than the franc is responsible for repatriation ot foreign capital. At the same time hear speculators are exploiting the situation.
ig
"
CANTON SILK MARKET
SILVER LINĖ.
NOTICE TO CONSIGNEES
FROM
[2860
NEW YORK and LOS ANGELES
The Kwangtung Raw Sur TesLE Moter Vessel ing Bureau, Department of Recon
Canton Quotations »
September 19. ..
Another cause which is operatstruction. Canton. China.
the iDg to
detriment of the pound is the absence of supplies of new gold from the Hand and also a decline in the Indian shipments.
To some extent the, big reduction consignments from the Cape during the past five weeks deprives London of gold against which francs are sold in order to pur- chase the metal. The weight of the transfer of credits thus falls on the exchange market,
One explanation current for the absence of shipments is that the South African Central Bank has retained the gold for its own purposes at the Cape instead of shipping it to London, and has drawn down its balanom in Lop." dor in order to meet the repay ment of the South African war debt.
No confirmation is obtainable"
Extra 08. 13/15 HK $430N. Small Extra O.S. 13/13 EK.
$360N.
Spot
Cracks N.8. 14/16 HE $297{P. Extra Extra 20/12 HK. $280P. Waste N9. Open HK. $51P.
Yokohama Quotations.
September, 28.
Opening Yen 470 Bourse six months... Yen 472
New York Quotations
September 19,
Bid Ack December February, 1.141.14 112 114 April 1.161.16 New York Quotations are ob
fer this impression, which, how-| tained through Courtesy of Ameri-
ever, seems a feasible explanation. I can The suggestion that the Rand | Hion:
ring arrived from the above Port on
➡ SILVERTEAK "
18th Sept, Consignees of Cargo ar hereby informed that their Goods are being landed at their risk into the Godowns of Bong Kong and Kowloon Wharf and Godown Company, Limited Kowloon, and stored at Consigness risk ned expense pe dreap
All broken, chafed, and damaged Goods are to be left in this Godowns, where they will be examined on Saturday, 2nd Sept, 1934, at 10 am
All Claims must be presented within 15 Days of the vessels, serial here after which date they cannot be re cognised.
CONSIGNEE NOTICES
HAMBURG AMERIKA LINIE,
NOTICE TO CONSIGNEES.
HE M.V."
THE
*ERMLAND *.
having arrived, from Hamburg and Ports of call, Consignees of Cargo me hereby notified that their Goods are being landed and placed at their risk into the Hong Kong and Mowloon Wharf and Godown Company's gedowns, st Kowloon, where
delivery may be obtained as soon as the Goods are landed.
here, unless Notice has been given 48 hours prior to vessel's arrival, hat carried on from port to port to the final port of call to which toe option extends."
Optional Cargo will not be landed
Goods have left the Godowns, and all No Claims will be admitted after the Goods remaining undelivered after the Monday, the 24th Sept., will be subject to Rent,"
*
All broken, chafed, and damaged Goods are to be left in the Godowne, day, 22nd Sept, at 10 am by our Surveyors, Heara. Goddard & Douglas. where they will be examined on Batur
To comply with the General Bonded Warehouse Regulations, consignees met have a Revenue Officer in attendaase examined. when damaged dutiable goods are
Wednesday, the 24th Oct, 1984, or they All claims most reach us before.
will not be recognized.
No Insurance wül be affected. Bill of Lading will be countersigned by
JEBSEN 00 Agents. Hong Kong, 17th Sept., 1984
*(9348
CONSIGNEES' NOTICE.
THE BEN LINE STEAMERS, LIMITED.
Fox LEITH, MIDDLESBRO ANTWERP, LONDON AND STRATTS.
The SteamshipBENOLEUCH," NONSIGNEES of Cargo are, hereby landed at their risk into the hardons informed that all Goods are being and/or extra hazardons Godowns of the Hong Kong and Kowloon Wharf and Godowa Co, Ltd, white andfor from. the wharves Delivery may be obtained.
No Clabar will be admitted after the Goods have left the Godowns, and 21- Good washing andelivered after the 14th Sept, 1924, will be subject to Bant.
All Claims against the Steamer must a presented to the Undesal good on or before the 8th Co., 1984, or they will not be recognised
To comply with the General Beaded Weed Warehouse Regulations, consignees must,
No Cisims will be admitted after the have a Revenue Officer in attendanes Goods have left the Godowns, and all when damaged datable goods me Good remaining undelivered after the 25th Sept., 1834, will be subject le Beat
No Fire Insurance has been effected, Bills of Lading will be countersig by FURNESS (TAB FAST) LTD.
4th Floor, King's Building, Connaught Bond.
Oriental Fisnes Corpora Hong Kong, 18th Sept, 1984.
12354
oker, abated and damaged Goods ath in the Godoysa, where on the 22nd
No Lkw Insuranes har Bir of Lad
GIBBLI
Hong Kong, 5th
Page 15Page 16