LLOYD TRIESTINO

FLOTTE DIUNITE LLOYD TRIESTINO-MADITIMA ITALIANA-KITHAS

EXPRESS PASSENGER SERVICE

ITALY FAR-EAST – INDIA

TAKE ADVANTAGE of the Besson to visit India, Ceylon and the Straits on our SPECIAL REDUCED TWO MONTHS RE- TURN TICKETS allowing a stop over of about 4 weeks in India, 5 weeks in Ceylon or 5-7 weeks in the Straite.

FARES FROM HONG KONG,

To Bombay

lat.

2nd.

£44

เท

T

Colombo

143

Singapore

***

+++

£4 £18

*£22 £13

2nd. Econ, alass

£21

£19.

£11

NEXT SAILING 8.8. ** CONTE ROSSO" 13th March, 1935. Same reduced BETTRN TICKETS to SHANGHAI

1st, ol. £19, 2nd. el. £9, Ind. Econ. ol. £8.

NEXT SAILING 8.8., “CONTE ROSSO" 20,700 T. 7th Marcb, 1535.

For full particulars apply to:

LLOYD TRIESTINO

**Queon's Building, Ground Floor.

Tel. Addi" LLOYDIAÑO”

Telephone 82681.

Agents in CANTON ——

P. O. Box 143.

DODWELL & CO., LTD,, SHAMLEN.

HONG KONG DAILY PRESS, FRIDAY, FEBRUARY

H. K. STOCK EXCHANGE

YESTERDAY'S-OFFICIAL QUOTATIONS

To-day was the first full work- ing day after the face meetings and the market opened and re- mained firm throughout, with en- quiries for Hotels at $5, Lands at $50, Trams at $20.40 and China Lights at 310.20

BUYERS

HK Banks, $1505.

Underwriters, $1:30.

Balatoes, $43.

Providents (old), sik.-"

Hotels, $5.

HK Lands, 4% Debtrs, $101.

HK. Trams. $20.35.

China Lights, $101.

Electrics. $71...

Y 22, 1935.

LONDON EXCHANGE RATES

(BRITISH WIRELESS SERVICE T

Feb 20. 7.201

On Amsterdam Athens

Sterling Parity

Fab. 10

1210 Florins

7.201

........... 373 Drachmae

512 S.

.Belgrade276,318 Dinara.

214..

90.49 Marks

12.14

12.13

1. Od. per Rupee

20.83

20.86

36 Belzas

873,558 Lei

483

Berlin Bombay Brussels Bucharest Buenos Aires 47.58d. par Pesc Copenhagen: .... 18.180 Kroner Geness. 25,92) Francs Helsingfors .... 193.23 Mark, Hongkong Lisbon ..... Madrid

Milan Montevideo

Montreal

15.50

15.04

110 Escudos

25.99 Pesotaz

97.46 Lire

New York

50.88d. per Peso- 4.867 Dollars 4.867 Dollars

35 21/32 574 401 S.Q 4.881 4.883

Oslo

Paria Prague

Rio de Janeiro-

18.159. Kroner 19421 FrancE 184.9 Kronen 28.93d.. per Gold:

73 27/32 118

73 51/64

116 7/16

Shanghai

1/6 5/18

Stockholm

Vienna

Yokohama

18.130 Kronor 34.564 Schillings 24.58d. per Yen

1/2 1/64 251

Silver (forward) .....

War Loan

84%

25* 34% 107.

25+ 31% 107

Milreis

SHIP & ENGINE BUILDERS.

SHIP & ENGINE REPAIRZE.. MECHANICAL AND ELECTRICAL

"ENGINEERS.

BOILER MAKERS.

"RON FOUNDERS.

(Licensed To Manufacture

Lans Perlit Iron)

BRASS FOUNDERS. FORGE MASTERS. OXY-ACETYLENE AND ELECTRIC WELDERS:

-DRY DOCK--

Length 787 Feat. Length on Blocks 750 Feat.

THE TAIKOO DOCKYARD & ENGINEERING COMPANY

OF HONG

SALVAGE TUG "TAIKOO”

Wireless Call

V.P.G.N. 600 Meters

KONG LIMITED.

Breadth at entrance

93 ft. 4 ing.. Depth on Centre of 81 (E.W.0.8.T.) 34 ft. 8 ins.

-THREE SLIPWAYS- Capable of Handling Ships Up to 4,000 Tons Displacement.

—CRANES

100 TON Electric Crane at Sea Wall,

Lifting reach 70 feet.

25 TON "High tower gantry Travell- Ing Crane, Lifting radius 7? 6 ins. sarving the Dry Dock and Bea Wail berths

BUTTERFIELD & SWIRE, Agents,

HONG KONG, CHINA & JAPAN.

TEL ADDRESS: "TAIXOODOCK, HONG KONG.

TELEPHONE: 80211,

CALL FLAG: NUMERAL ONE",Over "Pennant ÅND....

Hong Kong Weekly Press

&

CHINA OVERLAND TRADE REPORT..

"The Weekly with the Yellow Cover "

SUBSCRIPTION RATES

LOCAL $13, PER ANNUM "INCLUDING POSTAGE

$6,50 Six Months

OUTPORTS & FOREIGN:---

$18 PER ANNUM INCLUDING POSTIGE $9 SIX MONTHS

-ORDER FORM

THE HONG KONG DAILY PRESS, LTD.,

HONG KONG.

....

DEAR SIRS,

PLEASE SEND THE HONG KONG WEEKLY PRESS FROM....

...ADDRESSED AS FOLLOWS:

HONG KONG SHAREBROKERS'

BUYERS

Banks, $1,500 °C.D.

ASSOCIATION

Bank of East, Asia, $90,

Underwriters, $1.30.

Ins. Fires, $470.

China

Douglases, $391. Waterboats, $12).

Balacota 15 cts,

Lands," $491

Realtys, $165.

Providents (Old), $1.25.

Providenta (New), 10 cta. HE DO

$10.80%

Peak Tre *(old), $84. Lights,

Telephones (Old), $25.30.- Constructions (Old), $1). Constructions (New), 50 cts. Nanyangs, $470,

Telephones (new), $10.20,

Canton Ices, $24.

Cements, $2.05.

Constructions (new), 49 cts. Govt. 4% Loan, 64% Prem.

SELLERS

Benguet Consolidated, $13 Wharves, $112.

Ching Lights, $10.30,

SALES

H.K. Banks, $1505, Wharves, $111/111.

Hotels, $5.

H.K. Lands, $50.

HK. Lands, 4% Debtrs, $102.

"H.K. Trams, $20.40,

Electrics: $71.

Dairy Farms, $234.

Official Quotations Received from Manila on 11.30 a.m. 21/2/35

Buyers.

Antamoks, Ctvos, 80. Benguet Consols, p.s. 12.20. Benguet Explors, Ctvos. 16. Bagulo Gold Ctros. 33. Gold Rivers, Ctvos, 18 Gold Creek, Ctros. 314. Itogons, Ctvos, "37. Ipos, Ctvos, 12). Suyoc Consols, Ctvos. 23. Salacots, Ctvos. 13). ́ United Paracales, Ctvos, 28.

Sellers

Antamoks. Ctvos. 82. Balatoes, p.s. 39. Benguet Consols. p.s. 12.30, Benguet Explors, Ctvos. 171. Baguio Cold, Ctvos. 34 Gold Rivers, Ctvos. 19. Gold Greek. Ctyos, 32. Itogons, Ctvas. 374. Suyoc Consols, Ctvos. 25.1 Salacots. Ctvos, 14. United Paracales. Ctvos. 29,

Sales

Antamoks, Ctvas, 80. Benguet Consols. p.s. 12.20. Benguet Explors. Ctvos. 17. Bagulo Gold, 'Ctros. 33, Gold Rivers, Ctyos. 19. Ipas, Ctvos. 13, `Salacots, Ctvos. 14.

THE EXCHANGE MARKET

MESSRS. ROZA BROS

Buver prices were again higher yesterday to the extent of 1/8 for both deliveries, the quotations .be- ing 25 for Rezdy and 254-for- Forward, Advices received report-

*351

57 23/92

4 881 4.88 9/16

ON NEW YORK :----

Bank Billa, on demand 44 Credits, 60 days' sight........47**

ON BATAVIA:

On demand

844

ON PARIS-

Bank Bills, on demand 669Į

1/10 5/16

ON SAIGON :-

118

ON MANILA-

On demand

Credits, 4 months' right 699į

....On-demand

...... 861

PP

1027

**** 1/103

N

PRESIDENT LINERS

are

LUXURY LINERS

13

with Roomy Decks, Outdoor Swimming Pool Nothing that might help to make an ocean voyage most! pleasant has been overlooked on the President Liners. For your comfort, wvery stateroom is outside, large and airy. And for your recreation, you'll find spacious publia rooms, broad decks for sports...and an outdoor swimming pool Anyone who has ever traveled on a President Liner will agree: Dull moments aren't found on these popular ships.

To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 11 Days

via Shanghai, Kobe, Yokohama, Honolulu

Fortnightly railings

Fres. Coolidge Fab. 33, Noon Pres, Wilson ›....., Mar. 13, 6 a.m. Pros, Hoover,... Mar. 13, Nooh Pres. Lincoln...Apr. 9, M'night Pres. Coolidge ... Apr. 20, Noon

|EUROPE, NEW YORK

Inquire for round trip tickets to Europe In connection with Lloyd Trinstino,

Via Mania, Singapore, Penang, Colombo Bombay, Suez Candl Alexandria, Naples, Genoa,

Marseilles.

Pres. Van Buren.Mar. 2, 8 a.m. Pres. Garfield ...Mar. 6,8 m. Pres. Polk ... Mar. 30, 8 a.. Pres. Adams... Apr. 15, 9 a.m. Pres. Harrison. Apr. 97, 9 a..

via Shanghai, Kobe." Yokohama Fortnightly sailing Frea. Jackson..... Mar. 2. 6 a.. fres. MaKinley, Mar. 16,6 am. Prea. Grant Max. 50, 8 B.. Pres. Jefferson... Apr. 13,6 mm. Pres. Jacuon. Apr 17, ở bước

MANILA

THE MOST FREQUENT SERVICE

0

Next Sailings

Frea. Jackios.... Feb. 93, 8 p.m. Pres, Van Buren.Mar. 2, 3 a.m. Pres. Wilson... Mar. 5, 6p.m. Pres. McKinley..Mar. 9, 6 p.m. Pres, Hoover Mar. 14, 0 p.m.

BOLLAR STEAMSHIP LINES

·ANERICAN MAIL LINE

PADDER BUILDING-HONG KONG. CANTON XHANGH ¿—A, SHAKIR ROAD.

Silver (spot)..................." 25"

ON LONDON:-

Closing Quotations

February 21, 1935

Telegraphic Transfor... } Bank Bills, on demand 1/94 Bank Bills, ¡monthi'

sight

* 1/91

"Credits, four months'

sight

ON SHANGHAI:-

On Demand...

ON SINGAPORE :—

On demand

ON JAPAN:-

On demand

OX INDIA:-

-Telegraphic Transfer...

Bank, on demand

118

ON BANGKOK :***

On demand

SOVEREIGNS, Bank Buying

Rate

BAR SILVE, per or 254

RUBBER MARKET

REVIEW

Singapore, Feb. 9.. Messrs. G. A. Harriman, local agents for Messrs. Stanton Nelson &Co., Ltd., Singapore have for warded the following"reviews:-

The intervention of the Chiness New Year holidays has had its customary, effect on the local mar ket, and business on the remain- ing working days has been on a limited scale.

1

The postponement of a decision in the Gold Clause case in America has not helped matters, whilst the general feeling of uncertainty in the produce markets as to the outcome of the Pepper Pool's ac- tivities continues to dominate the situation for the time being. In spite of these disturbing factors prices have been maintained, and iacally there appears to be no sign of weakness.

Malayan Ocean shipments for January were 56,720 tons as com pared with 59,575 tons for Decem- ber, 1934.

London Review

London, January 25.

"Gold Clause" prompts operators, especially in New York to keep cautious 03 regards adding to their commitments. The tendency for United Kingdom stocks to | keep од rising every weet has

been enough to damp speculative' enthusiasm on this side. Despite these features, the undertane ta the market remains good, and if, as we believe, World stocks under-

LOCAL MAPS

Peak District,

Kowloon,

Victoria,

New Territories.

HONGKONG DAILY PRESS.

NOTICE TO CONSIGNEES.

PENINSULAR AND ORIENTAL

STEAM NAVIGATION Co.

STRAMES "CARTHAGE,"

ARRIVED, HONG KONG on 21 FEBRUARY, 1935.

From ANTWERP, LONDON,GIBKAL. TAR, MARSEILLES, MALTA, PORTSAID, ADEN, COLOMBO AND STRAITS.

"YONSIGNEES of Cargo by the

above-named Vessel are hereby in formed that their Goods are being landed" and placed AT THEIR ASK in the Hong Kong and Kovicon Wharf and Godown

go material reductions in the SINGAPORE RAW RUBBER Company's Godowns at Kowloon where

coming months, the price is bound to feel the infuence before very long.

In view of the high level of consumption at present, the mar- ket feels that if the cut in the quota for the second quarter is maintained at 25 per cent. the general position will gradually Improve! Should the cut be made 30 per cent. for the second quar ter It will be regarded as ex- tremely favourable. The differ- ence in production would repre- sent only 13,800 tons over three montha, certainly. no mean figure, but its real Importance would lie In the fact that the International Regulation Commit- tee were determined to get at the kernel of the situation, the neces

ec India, China and America, as The following is the London sity for reducing stocks to more

A

having bought. Speculators sold. | Rubber Market Review from The market closed steady Од Messrs Lane Mitchell. Hymans good demand, chiefly from India. and Krasy Ltd, London, forward- In America the rate was highered by Messrs. G. A. Harriman and at 55 for Spot.

Company:

יד

The New York/London cross-Business in the Rubber Market rate opened at 4.88 and closed in the past week has been at an at. 4881.

Market.

extremely low ebb. Prices- have |sagged steadily, although the fall Uncertain at the opening

but has been limited to 1/8d. for Spot subsequent armed up in sympathy and 1/4d for forwards. with Shanghai, Business Was fair.

There were

L

The

Sterling

Early advices indicated sellers at sellers after the 1/6 for Spot and 1/63 for March opening at 1/9 15/16 buyers bid- receding subsequently to 1/6 for ding 1/10 at which rate a small near and 1/8 for March. At business was done for near de- this stage the market veered and Every. Subsequently the market towards lunch time sellers were steadled up to sellers at 1/10, 1/16 indicated at 1/6 7/18 for near and resulting in business at 1/10 for 1/8 5/16 for March. The market April, May and cash and 1/10 was firm US Dollars, opened 3/16 was also arranged for June with sellers at 37 7/16 for near and May. The market closed at and 37 3/16 for March, receding 1 pm, with sellers at 1/10 Febr subsequently to 37 5/16 for near uary/April and 1/10 3/16 May and 38 15/16 for March. The June, buyers at 1/10 3/16 Febr-market then reacted and later uary/April and 1/10 May/June. sellers were indicated at 37 9/18

Us 8, Dollars

for near and 37 5/16 for March, Business was done during the Firm course of the morning at 451 for

Sterling

Govt. Loan 4 per cent., $6 per cash and March The market Steady Business was done at

cent,

SELLERS

Trama, $20.4514

LightsTM $10.25. Telephones (Old), $25.80, Cements, $2.0TİN SAT

SALES

HK Fires, $228.70.

Gold Rivers, 21 cts.

Lights, $10.25, Electrica $71:

Messrs. H. B. Joseph & Co.

Messrs. H. B. Joseph & Co., re- ceived the following Straits Cur- rency quotations from Singapore for Raw Rubber. Spot 212, up April-June 23, up July-Sept. 241, up i.. Market.Steady

reasonable levels. No definite news has yet been received of the date of the next meeting of the Committee. V

Stacks in the United Kingdom were up by 3:195 tons last week, totalling 144,115 tons An in crease of 900 tons is estimated for

the present week.

CABLE & WIRELESS LIMITED

Inder Numbers

each Consignment will be sorted out Mark by Mark and Delivery can be obtained s the Goods are landed.

Optiqual 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 i cluding date of arrival will be subject to Bent

;༄་” ༄།

Na Fire Insurace will be affected by -nɛ in any case whateverlie

Damaged Packages must be left in the Godowns for examination by the Consignees, and the Company's surveyors, Messrs. GODDARD & DOUGLAS at 10 am. on Mondays and Thursdaya, within the Free Storage period.

Consignees are specially n tified that it is necessary for Ravenne Offer to be present at tas examination of damaged datiable cargo.

All Claims against the Btemine muek. be presented to the Undersigned on ar before 13th March, 1935, or they will not be recognised.

No Claims will be admitted after the Goods have left the Godawn, MACKINNON, MACKENZIE & Co

Agenta,

Hong Kong, Blat Feb., 1935.

[8274

HAMBURG-AMERIKA LINIE

MOTICE TO CONSIGNEES.

"KULMERLAND","

The Eastern Extension. Austra- tasia and China Telegraph Com-

These index numbers represent pany, Limited advise that the fol- the estimated monthly receiptsBE MS. lowing was received from

T their from traffic as related to com- Head Office, London

parable traffic in the year 1929, having arrived, from Hamburg: "and". Message Receipts/ It should be noted that since 1929 Ports of call, Congnees of Cargoated- An index number will be issued the operation in various overseas

hereby notified that their Goods are in time for publication on the 20th areas has been taken over at dif- being landed azid placed at their risk of each month, and as the course ferent dates by the local associat and Godown Company's godowns at into the Hong Kong and Kowloon Whard of these trafic receipts has al-ed companies, and the total figures Kowloon, whore, delivery may be ways afforded a valuable indica- for 1929. taken for purpose of obtained as soon as the Goods are landedź - cial activity, it is hoped that, in index 100, have therefore been tion of world trading and commer- comparison in establishing the Optional Cargo will not be landed here, unless Notice has been gren 43 addition to providing an Indica- adjusted when necessary by the on from port to port to the final part of hours prior to vessel's arrival, buscarried

its stockholders, it will be found in the areas affected. The Index No Claims will be admitted, after ther tion of the Company's trafne for omission of the receipts accruing call to which the option extending of value to observers of world numbers are, in consequence, all Goods have left the Godowns, and il economic conditions.

shown upon a comparable basis.

Goode remaining undelivered after the 2nd February, 1935, will be subject for Monthly figures reduced to working day average.

Bent Working day average of comparable receipts. year 1829-100. 1930 1931 1932 1933 1934 1935 96.0 76.3-73.4 69.3 71.8 79.2 95.7 81.2 82.9 71.7 74.7 945 79.6 77.8 70.4 72.8 04.0 74.5 71.4 71,8 71.6 80.2 68.8 67.71 70.7 73.1. 80.0 66.664770.130.1 80.8 64.78.3 67.5 64.9 821) 01.8 69.6 65.9% 10.7 814 730 724 07.94703 82.877.8 - 12, 721,473.6 80.4 79.0 73.0-718–713 87.1 83.678.8 75.7 80.7

Shanghal Dollars:

Bellers were quoted at 120, buy

Bhanghal Market. ?

closed at 1 pm with sellers at 1/10 3/16 for April and March; ́45 1/16 February/March and 45) finishing with sellers at 1/10 5/16. April, buyers at 45 2/16 February/February/May and 1/101 June, March, the 451 April,

buyera at 1/16 higher respectively. U.S. Dollars Business was done at 45 3/16 for April and also 451 April The market closed with sellers at 45

January February

March

Apri

May

Jude

July

August

Beptem

The market was erratic during 3/16 February/Aprili. buyers the early part of the morning, ■ 1/16 higher'

at

NOVE

ers probably at 1201 for cash

All broken, chafed, and Goods are to be left

the Gro where they will be examined on February, 1975, st 10 am, by our Burveyors, Mowers. Goddard & Drag

To comply with the General Bonde Warehouse Begulations,consig

Hong Kong, 15th

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