1934-10-01 — Page 13

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LLOYD TRIESTINO

PASSE SIUNITE LACYO TRIESTING - MANOMA ITALIANA-SITMAS

EXPRESS PASSENGER SERVICE FAR-EAST-INDIA-ITALY

For Shanghai 2.4. "CONTE ROSSO"... 3rdTM Növ. B. "CONTE VERDE"... 1st Dec. 1.3. "CONTE ROSSO" 5th Jan., 35,

For Italy

8.a. "CONTE VERDE"...11th Oct. 2.4. "CONTE ROSSO" 15th Nov. 8.M. “CONTE VERDE” „„,13th Dec, B. "CONTE ROSSO" 17th Jan, 35.

LLOYD TRIESTINO Queen's Building, Ground Floor.

Tel. Add.: "LLOYDIANO."

P. O. Box 143.

Telephone 2803

Agents, CANTON, Messrs. DOD WELL & CO., LTD.,

SHAMEEN.

BARBER WILHELMSEN LINE

Pacific

MONTHLY SERVICE,

SAN FRANCISCO

TO

Panama

Atlantic

BALBOA (Pansma) NEW YORK LOS ANGELES CRISTOBAL (Colon) BOSTON.

NEXT SAILING

M.V. “TAI PING YANG”

ON

18th OCTOBER

EXCELLENT ACCOMMODATION

FOR 12 PASSENGERS.

DODWELL & CO., LTD.

AGENTS.

· QUEEN'S BUILDING.

TELEPHONE 28021.

Hong Kong Weekly

Press

CHINA OVERLAND TRADE REPORT

"The Weekly with the Yellow Cover "

SUBSCRIPTION RATES

LOCAL:- $13 PER ANNUM INCLUDING POSTAGE

$8.50 Six MONTHÈ

OUTPORTS & FOREIGN:-

"

17.

E

$18 PER ANNUM INCLUDING POSTAGE 89 Bzx MONTHS

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HONG KONG.

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: MARKET

HONG KONG DAILY PRESS, MONDAY, OCTOBER 1, 1934.

THE EXCHANGE

LONDON EXCHANGE RATES

On Amsterdams Athens Belgrade Berlin

(Berrien WIRELESS SERVICE Sterling Parity Sept 2

27.251

12.10 Florin.

... 375 Drachma 515 8.

276,316 Dinars 214

20.48 Markı

12.271

is: éd. per Rupee

1/6 1/18

35 Belgas

21.07

................ 813,368 Lei

491

47.56d: par Peso

381 8.0.

22.40

15.07)

Supt. 28.

7.26

515 S.

12.95

MESSAY. NOZA BROS,

Silver prices at 22 7/16 for Ready Bombay ........... and 22 9/18 for Forward were 1/16 Brussis and 1/8 up respectively. India sa Bucharest well as speculators operated on Buenos Aires both sides of the market The Copethagen. closing tone was steady wtih in- Genera dications of Inquiries for accounts Helsingfor of India.

Hongkong Lisbon.....

Sterling opening in New York at 4.97 and closed at 4.961.

Market

The tone uncertain at

Milan Montevideo

WLS somewhat Montres!

the opening New York but the 'market was little Onlo prepared for "the" debacle which

Paris followed when rates melted away Prague following Shanghal. There were Rio de Janeiro rumours in Shanghai in reference to China and Gold Standard and the protest to America against the rise in price of Silver; but the weakness there is probably more attributable to speculative cover ing for delivery on the 1st of October.

Sterling

Was quoted at the opening at 1/7 17/32 sellers. 1/7 19/32 by- ers. 1/7 17/32 was done early and shortly after the market melt- ed away. Business was done at the following declining rates"1/71. 1/7 15/32, 1/7 13/32, 1/78, 1/7 5/16 for various " deliveries." The market closed, with sellers at 1/7 5/16 and Buyers at 1/7. Thérè were no sellers at 1/7 11/32.

U.S. Dollars

Were offered at the opening at, 40% with Bayer, at 101 resulting in October business at 40 7/18 December and subsequently 401. 40 5/18, 40 and 401, closing with sellers at 40 and buyers at 401

Shanghal Dollars

110 3/16.

Shangbai Market

Sterling opened at 1/5 11/16 for near and forward and a late wire placed the market at 1/51 Dol- lars were quoted at 36 and 36 11/184for near and forward and declined to 36 3/16 and 364. The market was weak:

WAR IN FOOCHOW

STREETS

Hand Grenade Kills Four Specials

Foochow, Sept. 14. Foochow has been enjoying a war all of her own during the past few days in which there have been rather heavy casualties. The out- come it heult to determine, at present, while the ultimate con- sequences may be very far reach- Laz

Shanghai Stockholm Visada Yokohama Silver (spot) Silver (forward) War Loan

'18,189 Kroner

98.294 France

193.23 Marks 228

1/6 1/16 21.07 403 381, S.O. 22.40

15.09

391 S.O.

PRESIDENT LINERS TOURIST CLASS

Be Thrifty the President Way!

Hot and cold running water in every siateroom! That is one of the many conveniences offered in President Liners" new Tourist Class. Look at the large, fast President Liners airy, butside staterooms, the ample deck space, the out- door swimming pool... and ask to see a menu or two. Then you will bee why we say "Be thrifty the President way."

To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days

2261

1/7

1/72

110 Escudos

1101

$0.12) Pesutas

36

36 3/64

92,46 Lir»

57 13/32

57 7/16

30, 88d. per Prio

391. 3.0.

4.567 Dollara

4.84

4.831

4.907 Dollars

4.981 -

4.90

18.109 Kroner

19.901

194.21 France · 74 21/32

184.25 Kroben

1181

19.901 74/23/32 118

:

20. d. par Gold Milreis

4 8.0.. 1/5+

19.391

49.0. 1/5: 9/18 19.391

24.59d. per Yen

1/2 5/16

221.

22. 7/16

19.130 Kronor 34.56) Schillings 201

91% 34% 105 8/16

Closing Quotations

September 29, 1974

UN LONDON:-

Telegraphic Transfer...

Bank Bills, on demand }171.

Bank Bills, 4 months"

night

Credits, four · months'

sight

ON SHANGHAI:-

On Demand

Ox SINGAPORE: --- CH JAPAN

On demand

On demand

ON INDIA:-

Telegraphic Transfer...

ON NEW YORK:~~

261 1/2 3/32

Bank Bills, on demand 30% Crédits, 60 days' night.. 41} ON BATAVIA:"

On demand................................ 57 ON PAKIS

Bank Bilia, on demand sou Credit 4 months' night sau

ON SAIGONI als

J

10%

·

On demand ......

ec

ON MANILA:-

On demand

791

ON BANGKoi cha

1364

On demand

1159

1/1

* Bank, on demand....! 100

5

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

The demand for Labd Deben-

SOVEREIGNS, Bank Buying

Rate

Ban Bivan, per ... 22 3/16

via Shanghai, Kobe, Yokohama, Honolulu

Fortnightly sailinga

Pres. Boover... Oct. 8, Noor Free. Wilson..Oct. 79, Midnight Pres, Coolidge

. Nov. 3, Noon Pres. Lincoln..Nov. 20 Midnight Pree. Hoover Dec. 1,8 s..

[EUROPE, NEW YORK

Inquire for round-trip tickets to Europe in connection with Líeyd Tr500224, Via Manila, Singapore, Fenang, Colombo," Bombay, Suss Canal Alexandria, Naples, Genesi

Mersailles, .:

Pros. Johnsób. Det. 14, 8 a.m. Pres. Monroe ... Oct. 17, 9 km. Pres. Van Buren. Not. 10, 8 a Pres. Garield... Nov. 248 Pres. Polk... Dec. 8, 8 am}

ta

via Shanghai, Kobe, Yokohama

Fortnightly sailings Pres. Grant... Oct. 15, Midnight Pres. Jefferson.. Oct. 28, M'aight Fres. Jackson, Nov. 9, Midnight Pres. McKinley, Nov. 23 M'night Pres Grant.....lea 7, Midnight

MANILA

THE MOST FREQUENT SERVICE

Next Sailing

Pres. Hayes...... Sept. 29, 6 a.m., Fres. Grant Oct. 6pm. Pres. Johnson.....Odt. 18, & à ZIL. Pree. Wilson......Oct. 16, 6 pm, Prea. Jefferson....Oct. 10, 6 pm,

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

Holt BUDDENG HONG KONG. CANTON BRANCH |---Ą, SHAKEE ROAD,

SHANGHAI MARKET

COMMENT

The Stock Market had a quiet, in the debenture market was over and steady opening last Tuesday, 2 lakhs of Central Properties at but later in the day trading be- 100. Saturday was marked by re- came more active with a good de- cord strength following the ad- tures and other investment coun-

mand for Chemors and Bena-vance in the raw rubber markets ters. continued without attracting wangs at advancing rates. The land anything offered was quickly sellers Amongst the lower priced genertul market displayed Httle taken, buyers Ending that shares stocks China Lights were diacuit change 10 rates ΟΙ in could only be obtained at,advan- to obtain either for cash or for the volume of business pass-cing rates. Business done on the ward deliveries. Ewes have eased

ing. On Saturday the local general market consisted of 2000 off changing hands at SH.$10-

rubber shares market continued Ewos at 10.75 and 500 Langkats to rule very steady. A few shares at 18.99 for October. were offering at current rates but i

SALES

Hotels. $5.45, .H. K. Trams, $20.20.

BUYERS

Benguet Exploration, 19 cts. Big Wedge, 10 cts. Providents (old), $11

Salacot, 16 cts.

H. K. Landa, 350.

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO., LTD,

CHINA MUTUAL STEAM NAVIGATION CO, LTD.

TUNBIGNEES per Co.'s Vessel

"AGAMEMNON" From UNITED KINGDOM

A BINGAPORE

are hereby notified that their cargo will be discharged into Holt's Wharf Contrary to the usual side duc-Kowloon, where it will lie at Consig buyers hesitated to raise the limits tuations at the end of the month: ees risk and subject to terms and without a lead from the primary the Chinese Government Bond The Cargo will be ready for delivery conditions of storage at Holt's Wharf. markets. The most important Market was rather dull during the from Godown on and after 29th gept. Items on the general market in- last week. Despite the mild duc- Optional cargo, will not be landed cluded 2.000 Exploration at B.05 tuations there was a under-tone here, unless notice bas been given September, 1,000 at 5.10 October, of firmness which brought the prior to steamer's arrival but carried 500 Trams "g" at 40.50 cash and market slightly higher. The move of call to which the option extends

on from port to port to the final port 200 Chinese Import da Exportments were guided by the orders

All broken, chafed, and daygu Lumber at 16 cash. There was a of small speculators who more or goods are to be left in the Gode was, certain decline noticeable in the less monopolized the market. This where they will be examined on any H. K. Lands, 4% Debentures 3% lowing a day due to

rubber share market on the fol- was responsible for the mild finc-Tuesdays and Fridays between tho

a drop in tuations despite the numerous hours of 10:45 A. and Noon withi Prem.

the raw commodity markets of short positions outstanding which

the free storage period. London." New York and Singapore, had to be cleared, before the week and despite the fact that there closed. was no pressure to sell rates were a little oft from the best. There was a Httle more business passing the general market with little chapse in raref: The rubber mar- ket was irregular on Friday on [Special to the "Hong Kont Dally the squaring of accounts for the September settlement which is going to take place on Thursday, September 27. The October post-guarantee:- tion was At With a good de- mand for at shares. Changes on the general market were insigni. ficant with the exception of Ewas which encountered a decline of

Realties, $4

are

H. K. Trams, $20,"

It happens that there several hundred Japanese subjects from Forinosa living Foochow and it seems that a goodly num- ber, of them derive their living from operating combined gambling and oplum dens. In fact, àll such places of business in Foochow are operated by these Formosand, who have enjoyed the protection of the Japanese Consulate for many years while carrying on their nefarious business, Recently ab order was issued Nanking to the effect that owners of aff oplum kna gambling dens in Fukien were to secure a special permit to operate from the national government, or their places of business would be

ignored this order and continued as before."

GERMAN SHARE the group of special police, severe- closed. The Forindgang, of course,

MARKET

(Special to the "Hong Kong Daly Press" (Copyright.31

ly wounding eight of them, four of whom have since died from their injuries.

Atmosphere Tense

Formbes Retaliate

The local authorities were or- dered to take step against there Since that incident took place law-breakers. but how to proceed three or four days ago;

was a dificult quest on Police" the Berlin, Sept. 29. atmosphere has been very tenre. have arrested Formosang hereta- The share market was somewhat Formosans open fire from doors fore and taken thèm to the Japa- buoyant on Friday as difficulties and windows on every policeman ness Consulate, only to have the in connection with the monthly who looms in sight of his place culprits dismissed without fire or and quarterly settlements have of bus dess while the rest or punishment in this ease the been overcome. Prices are firmer Chinese agxistants is still con- Police determined to strike at the all round.

tinuing. Chinese special police offenders through their Chin#KA The outlook is brighter owing, to about in plain clothes, search assstants, whom, it appears, are the report that the consumption them out and arrest them. Na very necessary adjuncts to the of electricity is greater. Fixed in-tional'st soldiers have been assist smooth operating. terest securities have hardly altering the police in maintaining order in the streets, several of them ed and gold mortgage bonds are

On. Beptember 2 the police raid- tending to improve.

standing guard on street crossings ed one of the largest and arrested with drawn revolvers. Two or twelve Chinese helpers, took them three police have been reported outside the West Gate and shot wounded in revolver duels with them. This infuriated the Japa only one Formosan has been re- eyes were being thus fudely dis owners of the dens, but far nese subjects whose special privil ported as wounded. It is believed, turbed, and the retdaten by however, that others huve suffered hurling hand gerade atte injuries It has been ceported nest Faiding party which was pre- from official sources that the paring to raid à second den à fv. twelve Chinese who were executed days later. The bomb burst in were bad men (communists) who had taken teruge in these places? (Continue on Previous Col.)

Call Money 43/8 to 48/8, Young Loan 95 on Thursday but unquoted today, Reichsbänk improved 2 to 149.5/8, Dye Trusts 3 Armer at 144 1/8, Salzdetfurth Potash rose to 1531, German Steel Trusts Improv dd 3/8 to 41 1/8, German Mineral Oils declined 8/8 to 113, Bimen- misica 14 better at 431 and Ben berg Rayon declined † to 32i

China Lights (old), $5.80. China Lights (new). $8.40. Electrica, $71. Telephones (new), $11. Bingapore Traction 5/- Bingapore Traction (Pref), 187-. Cements, $24, -

Dairy Farms, $24.

Construction (new), 78 cts. Govt, Loan (4%), 71% Prem," Govt. Loan (31%), 81% Prem..

SELLERS

Ewo Cottons, BH. $10,20, Sandakan Lights, $8.

REICHSMARK QUOTA TIONS

Press" (Copyright.13

Berlin, Sept. 28.

No claims will be admitted atter the Goods have left the steamer's Godown, and all Goods remaining andelivered after the 5th Oct., will be aubject to rent.

All Claims against the Steamer zďaso be presenteti so the undersigned on or before the 19th Oct., or they will not be recognised.

No Fire Insurance will be affected.

BUTTERFIELD & SWIHE

Agents.

Reichsmarks .quotations without 9th September, 1934.

New York Parks

Amsterdam

Paris (Sterling)..

(Dollar)

20 cents on the day. The feature Transocéan Kuo Min.

A.0.F.C. Average of Shanghai Stocks

1816

....4.45

.608.70

..59.19

...74.8

.15.05

12877

CONSIGNEES' NOTICE,

THE BEN LINE STEAMERS, LIMITED.

FOR LEITH, WITÖLISHRO, ANTWERP, LONDON KUTKAITS

The Steamship ← BENNEVIS,"

CONSIGNEES Cö” arð káráby

informed that all Goods are being landed at their risk into the hazardous and/or extra Fazardous Godowns of the Hong Kong and Ko#1604 Bodown Co LLEGIATE

No Charioli WE LE

Gooda Juve Tath, the Godowas, and all Goods pensumandalivered after the

All CIRILY

be presented

before the Tind Ode; 1964, or they wil

sot be rhoogussed.

To complewith the Ginneral Bonded Palations, consfondes muit Märt Völlatödde Oficer in séfendance when damaged dustable goods

examined

AB broken, chafed and

the Underi

from

・murt

OF

ED: 160°

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