LLOYD TRIESTINO
FLOTTE RIUNITE LLOYD TRIESTINO MARITTIMA ITALIANA-SITHAR
MONTHLY EXPRESS PASSENGER SERVICE
FAR EAST INDIA-ITALY
Brindisi, Naples: 21 days. Venice, Trieste Genoa: 22 days. HONG KONG TO ITALY
M.S. VICTORIA" 25th March (a) S.S." CONTE VERDE" 8th Jane (b) S.S. "CONTE VERDE" 8 th Apr. (b) S.S. "VICTORIA" 30th July (s) M.S. VICTORIA" 29th May (a)
(a) Manila, Singapore Colomba, Bombay Port Said, Naples & Genoa (b) Singapore, Colombo. Bombay, Port Said, Brindisi, Venice! &
Truste
HONG KONG TO SHANGHAI
M.S, VICTORIA" 90th March" SS. CONTE VERDE" 180 Ápr.
M.S. VICTORIA" 21st May
For I particulars apply to:
S.S." CONTE VERDE 20th June M.S. VICTORIA" 1st July
ELOYD TRIESTINO Queen's Buikling, Ground Floor.
Add: LLOYDIANO"
Telephone 32082.
PO Box 143.
Agents in CANTON:
DODWELL CO., LTD, SHAMEES,
S.S. "BENMACDHUI"
Sailing for LONDON,
ROTTERDAM,
ANTWERP, HAMBURG, and LEITH (direct)
on or about the 9th March.
Next Sailing for SHANGHAI & JAPAN
14
S.S. "BENRINNES
March 4th
on through Bill
Cargo will also be accepted
of "Lading to the usual transhipment ports.
Tel. 22633
For Freight and Pasange apply to:-'.
W. R. LOXLEY & CO., (CHINA) 'LTD.,
York Building. Agents: THE BEN LINE STEAMERS LTD.,
N. D. L.
Mar. 21
FAR EAST EXPRESS
SAILINGS TO EUROPE
M.S. TRAVE............................... Marseilles, Casablanca, Rotterdam,
Hamburg & Bremen.......
8.8. SCHARNHORST... Manila, Belawan and Penaux. M'lles., Barcelona, Palma D. M. Southampton, Rotterdam, Bremen & Hamburg
.. Mar. 26 Marseilles, Casablanca, Rotterdam,
Hamburg & Bremen............. ...
ན རཱ ཝིསྶཾ, པཉྩ དཱ
ARRIVALS FROM EUROPE| SAILINGS TO SHANGHAI
M.S. HAVEL........
い
M.S. HAVEL 5. SCBARNHORST Mar. 10
Mar. +
M.S. HAVEL S.S, SCHARNHORST
རྭ་
7
Mar, 5 Mar. 10
HONGKONG/SOUTH SEA ISLANDS SERVICE.
9.8. BREMERHAVEN.... Rabaul, Tulagi, Kavieng, etc..........
Madang, Salamaus, Rabaul, etc.....
S.S. FRIDERUN
Subject to Alteration without Notice.
For Page unil Freight apply to:
Mar. 11
Apt. 11
NORDDEUTSCHER LLOYD BREMEN
Agents:
.
MELCHERS & CO.
Telephone 28378. CANTON AGENTS: JEBSEN & CO.. Shamaeen B. C.
Queen's Building, Connaught Rd.
BERLIN SHARE MARKET
Special to the "Hong Kong Dalir Press (Copyright.13
Berlin, Feb. 29.
The week-end sluggishness was again in evidence on Saturday so that the share market, which for some days past has been dull, grew exceedingly quiet, only a few apec- ial shares being in demand. Never- theless prices stood the ground. some mining shares advancing, while linoleum shares continued their spectacular upward flight Securities Interest The Fixed
was in friendly mood, market State and City Loans 'advancing slightly,
Gold While
Mortgage Bands were also firm. Call Money was at 31 to 4, the rise being due to the demands for monthly set- tlements.
The money market was visibly
HONG KONG DAILY PRESS. MONDAY, MARCH 2, 1936.
THE EXCHANGE MARKET
MESSRS, ROZA BROS.
Wis
Saturday, Feb. 29. Ready suiver
unchanged yesterday the quotation remaining The Forward rate dropped 184. /18 to 19. Silver advices report- ed specшators as having sold. India, bought to a small extent. The market was quiet. In Ame- rica the rate WILS unchanged at 441 for Spot.
LONDON EXCHANGE RATES
Paris
Geneva Berlin
Athens
Milan
Amsterdam
(Barrian WIRELESS SERVICE)
February 27,
74 45/64
15.10
February 29. 74 56/62 15.10
.12.23
12.271
515 8.
518 S.
631
621
;
Shanghai
New York
4.99 3/16 7.281
4.99 3/16 7.264
119
38 1/16"
36*3/84
Lisbon
Hong Kong
not
Brussels Montevideo
29.294
29.271
4.03
4.981
1/1 29/32
1/1 59/64
The London/New York cross- rate quoted at 4.99. New York/ London was also quoted at the
same rate...
MARKET
Dull. Forward rates were quite o robust.
STERLING
A small business was reported
at 1/3 for near. The market closed with sellers at March/April and 1/3
1/3 13/16
May/June,
buyers at 1/16 higher respectively. U.S. DOLLARS
There were sellers at 33 for cash, 32 15/16 March and 32) April, buyers at 1/16 higher re- spectively,
SHANGHAI DOLLARS Sellers" were quoted at 109 5/16 for cash
SHANGHAI MARKET Opened with sellers at 1/2) and closed at 1/2 17/32 for Spot. US. Dollars, there were, sellers at 30 3/15 for Spot. Steady.
H. K. STOCK EXCHANGE
SATURDAY'S OFFICIAL
QUOTATIONS
Saturday, Feb. 29.
The market was quiet with no changes in quotations BUYERS
China Underwriters $1.05.
Antanoks, $1.88.
Balatoes, $20.
Venz. Goldfields, sc
Govt 4% Loan, 4% Prem.
SELLERS
Hotels, $4.9U.
Electrics, $74.
Telephones (old), $261. Telephones (new), $10.20.
H. R. Ropes. "$5.40. Dairy Farms $217. Sinceres. $2.20,.
SALES
China Lights (new); $.
THE SHARE MARKET
Harriman's Weekly
Review
Saturday, Feb, 29. Messrs. G. A. Harriman & Co.'s- weekly share report and arkel review issued at hoan to-day states:
Vienna Prague
"Bucharest
Madrid
"Belgrade
Montreal
Yokohama
Helsingfors
Rio
Buenos Aires
Silver (Spot
Silver (forward) War Loan
ON SHANGHAI
102
PRESIDENT LINER TRAVEL SERVICE
is Yours to Command
Preskloot Liners' trequenè milings and their unique stojavor privileges allow you to travel e etnolly in you choose. And Dollar Steamship Lines and American Mall Line worldwide offer wid nginta are maintained to serve you ashore_in' whatever place you свалов со бе Make your rear trip more anjoyable, travelling The Pratdent Une way."
To SAN FRANCISCO
To SEATTLE, VICTORIA
Via Shanghai, Kobe, Yokohama, via Shanghai, Kobe. Yokohama Honolulu, San Francisco, Panama,
Pres. Pierce Midnight Mar. 10th Pres. Jefferson M'night Mar 13th Prs. Coolidge Noon Mar. 1st Fren. Jackson W'night Mar. 97th Pres. Lincoln Widnight Apr. 7th Pres. McKinley M'night Apr. 10th Pres. Hoover Moon Apr. 18th
EUROPE, NEW YORK
Via Manila, Singapore, Penang, Colambe Bombay Suan Canal Naples, Ganon and Marselles,
*
MANILA
THE MOST FREQUENT SERVICE
Canal, Havana, Now York.
and Victoris.
10 11/18 31% 1061
197 191
8.157.
Next Sailings
8 p.m. Pres. Adama 8am. Mar 14th Pros. Pierce
Mar. 28th Pres. Jefferson 6 p.m. Pres. Barrison 8 a.m. Pres. Hayes 8. Apr. 11th Pres. Coolidge 9 p.m.
8.1. Mar. 14th Pres. Wilson
Apr. 25th Pres, Adame
Mar. 3rd
Mar. 7th
Mar 19th
Closing Quotations
462
MORE. FREQUENT SERVICE ON THE PACIFIC
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
FIDDER BUILDING-HONG KONG, CANTON BRANCH :—4, SHAKIN KOAD,
February 29, 1939. On LONDON –
Telegraphic Transfer. Bank Bills, on demand 194 Bank Bills, "months'
sight
ON NEW YORK:—
Bank Bills, on demand 39)
Credits, 60 days' sight. 32§
ON BATAVIAC
On demand
1/38
ON PARIS-
Credits. four months'
sight
Bank Bilis, on demand 482
INDIAN INCOME TAX CONCESSION
1/42
Credits, mouth's sight 507
ON SAIGONI
On Demand
On demand ...........
48
ON MANILA: ----
On demand
MA
On demand .................
641
ON BANGIOE-m
On demand
130
On demand..
1437
SOVEREIGNS. Bank Baying
Bate
BAR SILVER, por 01.
1/4 194
ON SINGAPORE:--
On JAPAN
ON INDIA:
Telegraphie Transfer... ase
Bank, on demand..
NEW
YORK
STOCK
New York: March 1.
EXCHANGE
(Inrowan seulers Agency)
QUOTATIONS
New York/London Cross-rate Now York Cotton-Mar.. New York Rubber--Mar. Chicago Wheat May. -May. Chicago Corn Silver-Official
Pr. Am Locomotive Am Radiator am. Smelting...
5- 1885E87
The markel during the week under review has been on the quiet side due to the Annual Race Am. For. Pwr. $7 1st Meeting and Settlement Day on Friday and very few changes are to be reported. In the investment section, "Hongkong Electrics were the medium of a fair turnover at $74 and "and there were further buyers for small lots at this figure, Am, Waterworks (1) 234 Hongkong Trams changed hands Am Waterworks 36
pref (6) at the slightly reduced rate of
Anaconda Copper ... 344 $11.00 (ex final dividend of, 40 cents) Telephones (old) were in Atch. T. and B. P
(234.) at $25.75. while Dairy Farms had sellers at $22.
Minor Auburn Berlin, Feb. 29. issues were generally quiet. China Reichmark quotations (withdül 'Lights' (old) changed hands at guarantee).
$11/11.05, the new shares continued ir demand at $8. Hotels were on offer at $4.75 with buyers at $4.50. Ropes were on offer at $5.10. Mining issues continued to attract attention with Antamokg done at
REICHSMARK QUOTA-
TIONS
[Specla to the "Hong Kong Dally ¦ demand
Press (Copyright.)||||
New York ̈40.88,
Paris, 808.5.
Amsterdam' 53.2. London, 12,275.
Paris (Sterling) 74.89 to 73. Dollar, 1495 to 9837. Fransocean Nette Service,
vestment expenditure will be ef- tected partly by recourse to the short-term market.
The quietness in the "share market during the week was partly accounted for by the uncertainties eltua- in the world political
tion, notably the upheaval in Japan, which made investors cau- tious. The declaration of divi-
Jess iiquid than a week ago; part-dends had a stimulating effect in
ly because the monthly settlement many cases but disappointments
arrived and partly
also experienced. Contiņ- because no were
ental Rubber shares rose a fuli 11 jarge amounts of gold discount on Bank promissory notes tall duc in points, while Deutsch Linoleum : March, those who foresee the need gained 11 points. Fixed interest of liquid means having taken the Securities were quiet, while prices Unenal- which were maintained in Mun!- precaution of covering.
elpal Loans and Gold Mortgage ness was felt because of the finan- cial policy the Reich intends to Bands showed noticeable improve- pursue; which is not revealed, but ments.-- the assumption is that urgent in 7'ransocean News Service.
i
Last Today's High Low Close Close 4.99$ 4.991 10.82 10.78 10.78 10.81 15.76 16.70 10.73 16 70 100 ANZ 611 601
37+
8
"
Stock & Div
In Nick (80)
Int. Tel & Tel. Johns Manville Kennecott (151) Loew's (1)
Change up .03 up: 103 up
unchanged Z up
Lasi Sale Feb. 28 Feb. 29
តួ ន ៩៩ឆ៩គឺ៩ ឌឹន វីឌថ្មី
New Delhi, Feb. 28.
Complete remission of Income Tax on the lowest incomes, and a
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO., LTD.
AND
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
reduction of the present surcharge CONSIGNEES por Co.'s Vossel
revealed
wi}}
be
HECTOR "
on other incomes, was announced
From UNITED KINGDOM by the Finance member, Sir James
VIA SINGAPORE Grigg, in presenting the Budget to
are hereby notified that their Cargo the Assembly.
do charged into Holta Sir James
that the Wharf, Kowloon," where it will be "Estimates showed surplus of 242 at Consignees risk and subject to lakhs of rupees on March 31, but Terms and Conditions of Storage at The Cargo will be he pointed out that other factors, Holt's Wharf "cluding the cost of the Govern-y ready for Delivery from Godown on
and after 8th Feb. ment of the Indian separation from, Burmah. would work against a similarly lavourable result in the
However, immediate future.
he
Optional Cargo will not be landed hem, unless Notice has been given prior to Vessel's arrival, but osrried on from part to port to the final port of call to which the option extende.
felt Justfied in proposing remis-
All broken, shafed and damaged Goods sions of taxation amounting to
are to be left in the Godowns, where they about two crores of rupees.
will be examined on any Tuesdays and The Finance Member outlined a Fridays between the hours of 10.45 ... seven-year plan for the reconstruc- and Noor within the Free Storage period No Claims will be admitted after the tion of Quetta, following the earth-Goods have left the Vessel's Godown quake, and announced various and all Goods remaining undelivered grants for the amelioration of after the 6th March, will be ́subject to conditions in the rural arease.--
Reister.
SERIOUSNESS OF TIN SHORTAGE
London, Feb 25. "Reuter" learns that members of the London Metal Exchange have formed a committer which has ae-| cided to draw the Government's attention to the seriousness of the present shortage of tin in THIS
Beat.
All Claims against the Vessel must be presented to the Undersigned en or before the 20th March, or they will not be recognised.
No Fire Insurance will be affected.
BUTTERFIELD & SWIRE
Agents.
28th February, 1936
(4245
JAMBURG ALMERIKA LINIE.
NOTICE TO CONSIGNEES.......
M.V,
Jednak al
country, and urging remedial mea- THE SAT ERLAND"
sures.
having arrived, from Hamburg and This step reflects the marker's Ports of call, Consignees of Cargo aze“. discontent at the decision of the hereby notified that their Goods are International Tin Committee's re-eing landed and placed at their risk into the Hong Kong Kowloon Wharf á cent decision to reduce the quota Godowa Company's godowns at Kowloon from 90 to 85 per cent.. which the where delivery may
obtained sa socI market fears will result in further as the Goods are landed. deterioration of the precarious London position.
23.. The metal brokers, Strauss and 39 Company, told "Reuter" that Boll- 351" via is lagging behind in production 241 24+
by 4.000 tons. Since the Bolivian ores are smelled in Great Britain this principally "accounts for the shortage of London stocks, which are at present only 800 tons, or less than ten days' supply.-- Reister
Optional Cargo will not be landed hare, unless
Notice has been given 48 hours prior to Vessel's arrival, but carried on from port to port to the final port of call to which the option extende,
No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 5th March, 1936, will be subject to Bast
All brokan, chefed and damaged Goods are to be left in the Godowns, where they will be txamined on 4th March, 1:36, at 10 am.. by our Borvejoza, Messin, Goddani & Douglas, k
1001 1001
601 441
unchanged
Dow Jones Averages
High-1934/35 Low: Feb. 98.
Feb. 29. Change
30 Industrials
185.PQ
96.71 152.53
.152.15
.38 of
20 Rails
$1.73
20 Utilities
36.36
40 Bonda
11 Commodity Index
103 24 82.10
931 49.48- 14.4 31.30 $3.43 102.78 $2,44 57.04
48.08
.68 of
3211 102.61 57.11
DA off .17 of ,07 up
Business Donë:-870,900 shares.
Stock & DIV.
Adams Express Amer. Can; (4) Azn. Cyanamid "B
(.25dr.) Am. For. Pr
Last Bale Feb. 28 Feb. 29 13+ 131
1211 1211
Gold Dust (120) Goodyear
191 201
271 27
Int. Cement.
172
51ft 501 181
372 371
· 344
481
23
Lorill (1,20)
25
67%
08
Mont, Ward
391
Am. T. and T. (9)... 1724 172) Am. Tob "B" (5)
Nat City Ek. (1)
30 *
971
231
Nat, Da P. (1.20). Nat Distillers
302
301
Nat PW. Lt. (80)..
KY Central
381
374
331
N. Amer. (50c. 4 27 Pae. Gas (1.50)
201
344 344
Fac. Ling: (3)
46 Automobile 401
24 231 Baltimore & Obis ...
451 45# Bethlehem Steel Bosing Airplane Borden Co. (1.60) . Burg. Warner (idr.)
..... 1131 141 Canadian Pacific Caterpillar Tract. ...
Packard Motors
111
111
Penn, Rly. (1)
361
351
Phil Petro (1)
431
43
99 992
432
121 121
Rey. Tob "E" (3)
117
Schenley
.141
Sears Roebuck
552
56
Soc.-Vac. (.60)
63+
63+
40.
391*
Bro, Cal. Ed.
(1.50)
157
151
to allow gold to be shipped from
681
Southern Pacine
26
28
New York to Paris partially restor-
Stan. Brands (1)
35
35t
583 59
Stan. Gas............
**
8
9411 05
sta O J
17
167
171
167
Ster. Pro. (2.80)
.601
651**
ment of gold was engaged for ship-
971
961*
Studebaker Corph
31
34
Texas G, Suly (2)
38 +
371
Latest Singapore Prices
Transamerica (1124) 14:
137
Un, Cer. and Carb
331
331
30
(1.40)
Cons Gas. NY (2)
Un. Pac. Flys. (6)...
821
821
Cont Ou (:25)
361
351
Ub. Aircraft Corp.... 131 †
1291
Corn Prod (3)
Un- Air Line Trans...
151
15+
Curtiss Wright
B$
.:8
United Corpn, wit
7 7
Curtis Wright, "A"
181-
157
Univ. Leaf Tob, (2) 44
431
Buyers Sellers
Douglas Aircraft...
691
60
Uni. Gas Impr. (1.20) 17171
25 Unch. 25
Du Pont (2 602)
143+
1432
U.B. Rubber
191
19
281 down i 281
Elec. Bond & Share 17
17
U-8, Steel
631
63+
Elec. Bond $8 PT (5) 78
781
Vanddium.
244
24
Oct./Dec.
261 down i 201 28 down
Telephones (old), $259.
the sterling price of gold. It was
Market. Duu.
Raubs, $11.40. Antamoks. $1.85,
Gen. Elec (60)...... 391
382
Warner Bros. Picta, 12
121
Gen. Foods (1.80)
344
34
West E. & M. (.85)... 117
.116-
not thought. likely, however, that
the decline would become sericus.
Gen. Motors (1d).
581
587
Call Money
1%
1%
Big Wedge, 214 cta.
A rather more reassuring attitude. the bullion
brokers to
Gen. Rly. Bigs (1)...
47)
481
Gold Rivers, 7 cts.
Benguet 'Explorations, 14 cts.
* ez. div.
* Bid
I possible' mistilatior
Case
$1.85, Big Wedge at 214 cta., Gold Ch. Nat. Bk. (1.40)...
Creaké Corp., (2.50). 605 Rivers at 7 cerita and Raubs at Creake Corp. and $11.40. Sterling counters enjoyed
Ohio (2.80) Chrysler (14) some popularity, Hongkong Banks having been done at $1530/523
Col Gas & Elec.... and Unions at $545/60. The tone Comm. Solv, (60) of the market at the close is
Comm. 8thrn, quietly steady.
8thrn. $8 Comm Cons. Oil (28) cum. PL (8)
Business during the week hat been done at the followin prices:
H. K. Banks, $1530/1552). Unions, $545/550.-
H. K. Trams, $11.90 (xd.).
China Lights (ok), $11.-/11.05. China Lights (new), $8.- H., K. Electrics, $74.- Yaumati Ferries, $201. Wharves, 3977.
JI
Pub. 8er N.J. (2.80) 43 Radio Corpn.
U.S. EXPORTS OF GOLD.
Supporting The Dollar
London. Feb. 5.
The American Treasury's decision
To comply with the General Bonded Warehouse Hegulations qui signees must have a Revenue Officer in a tandanes dutiable goods are when dams ed examined.
All Claims must reach us before the 27th March, 1938, or they will bot be recognized,
No Insurance will be effecter
Bill of Lading will be arantereignna sy
JEBSEN & 00′′ Aguals.
ed confidence in the dollar in the Hong Kong, 27th Feb., 1936- City yesterday.
It was understood. In banking,
circles that a moderate consign- SINGAPORE RAW RUBBER
nient to-day. The intervention, however, by the American Exchange Fund, which supported dollars by heavy purchases in Paris, prevent-
B. B. JOSEPH & CO.
Saturday, Feb. 29.
Messrs. H. B. Joseph & Co, re-
ed the rate from remaining at a level at which large shipments ceived the following quotations could profitably be arranged. In 1 Straits Currency from Singa London the dollar closed with only bore for Raw Rubber
a fractional loss at 5.02 to the pound.
Spot
Weakness of gold currencies in Apr./June terms of the pound caused a sharp-July/Sept. fall of 5d, to 140s. 6d. per oz. ini
20‡
resume
towards the position of silver was quotations for forward delivery of reflected in a decision reached by the metal to-day.