1934-10-03 — Page 13

LLOYD TRIESTINO

FLOTTE RIUMITE LLOYD TRIESTINO-HADITIMA ITALIANA-KITHAR

EXPRESS PASSENGER SERVICE

NEXT SAILINGS

!!

For Shanghai

as "CONTE ROSSO" "...

For Italy

...

3rd November

"

Calling at Singapore, Colombo, Bombay, Suez, Port-Said, Brindisi, Venice (London by rail) and Trieste

CONTE VERDE"

11th October

For full particulars and reservations of accommodation apply to :-

LLOYD

TRIESTINO

Queen's Building, Ground Floor,

B

Tel. Adil." LLOYDIANO."

P. O. B. 143 Telephone. 28024.

Agents, CANTON,

HONG KONG DAILY PRESS, WEDNESDAY, OCTOBER 3, " 1934.

THE EXCHANGE MARKET

MESSRS, ROZA BROS.

LONDON EXCHANGE RATES

On

(BRITIRE WIRELESS SERVICE) Sterling Parity Sept. 20. Amsterdam qui... 18.10 Florina #7.26 Athens......

Oct '1 7.22 513 B. 215

375 Drachmize " 515 8.

............. 20.43. Marks 12.25 la. 6d. per Rupee 1/8 1/16

30 Balgas 21.07 ................................... 613,568 L 493

Speculators operated on both Belgrade. 276,318 Dinar sides of the Silver market in Lon- Berlin don yesterday, but on

balance buying Inquiries predominated Prices were 1/8 up at 22 7/18 and 22 9/16 for Ready and Forward respectively. The tore was ateady reflecting American Inquiries and

Bombay. Brussels Bucharest Buenos Air Copenhagen Geneva

reports that business have been Helsingfors done at a fraction over quotations Lisbon

Hongkong Sterling was weak in New York yesterday. At the opening of the market the rate 4.94, closing at 4.917.

47.58d. per Peso 364 8.0... .............. 18:189" Kroner 22-40

98.25 Francs 15.09" ............. 193.23 Marks ` 2261 1771 .....110 Escudos ·! ་ ·

23.99) Prastas 97.46 Lire

12.16

20.94 .490.

1/6 1/16

361 S.O.

24.40

15.01

226+

1/7 5/18

1101

351

57 5/33

'481

Market

"

Messrs. DODWELL & CO., LTD.,

The tone at the opening uncertain due to the movement in Gold Bars in Shanghai which at one time moved up considerably

was

Madrid Milan... Montevideo Montreal New York Oslo

38 3/64

57 7/18

30.98d. per Peso

391 8.0.

39 9/16 9.0.

4.567 Dollars

4.834

4.807 Dollan

4.961

4.921

19.159 Kroder

19.90

19.001

Paris.

... 124.21 France 74 23/32

74 9/32

Prague .....

SHAMEEN.

Rio de Janeiro......

16.23 Kronen 118 28.93d.-per Gold

1177

Milrei

41 9.0.

4 8.0.

1/5 9/16 19.391

19.391

261

1/2 1/16

22 7/18

22 9/16

WODOWARDS CELEBRAND GRIPE WO

13

PRESIDENT Aners

TRAVEL IN LUXURY

To

Shanghai Kobe

Yokohama Honolulu

San

from opening quotations. The market, however, steadied later.

Sterling Opened with sellers at 1/7 17/32, buyers bidding 1/7, 19/32 for near. Business was done shortly after the opening at 1/7 19/32 for near. 1/71 November and 1/7 11/16 February. The market then eased of and buyers came out at 1/7 9/16 at which rate business was done for near and November and 1/7 21/33 was also arranged for February delivery. The marke closed with sellers at 1/7.9/16 for Dear and 1/7 19/32 November; buyers at 1/32 higher respective- ly.

Shanghai Stockholm Vienus Yokohama Silva (spot) Silver (forward) War Loan

UN London:-

18.139 Eronor 34.861 Schillings 201

24.08d. per Yen 1/2 3/32

Closing Quotations

"October 2, 134

ON NEW YORK;—

1/5 9/16

31% 105 9/16

Bank Bille, on demand 30;

·Crédits, 60 days' right.. 401 ON BATAVIA:

Da demand

ON PARIS:-

Bank Bills, on demand 505

Credits, 4 months' aight u b

UN SAIGON-

On demand.

BU

On demand .................. 78. Ox BANHIOK:-

Francisco

Los Angeles

Sailing NOON-SATURDAY

OCTOBER 6th.

Arrives Shanghai

DAYLIGHT-MONDAY OCTOBER &th.

TRAVEL ON THE PALATIAL

"PRESIDENT HOOVER"

DOLLAR STEAMSHIP LINEL AMERICAN MAIL LINE

#

U.S. DoBary

Bank Bills, on demand Bank Bills, 4 months'

Fight

11

Credits, four months'

Opened "with sellers at 40 1/16: buyers at 40 3/10. Bubsequently ON SHANGHAI:- ogers at 40 were accepted for near delivery followed by further transactions at 404 for December delivery. The market closed at lunch time with sellers at 40 1/16 for near, 401 November and 401 December, buyers at 1/16 higher Fespectively.

sight

On Demand

10 i

O

SINGAPORE:-

ON MANILA:-

On demand

O

JAPAN:-

On demand

137

Ün demand

15

ON

INDIA:

Telegraphic Transfer...

Bank, on demand

10 #

Kate BAR BILTER, per ca. 22 7/18

CONSIGNÉE NOTICES.

CONSIGNEE NOTICES.

SOVEREIGNS, Bank Boying

CANTOR KHANON:—4; «HÀÎAN ROAD.

He's not upset by hot weather!

A little dose of Woodward's Gripe Water after every meal helps baby against the troubles specially prevalent in the hot weather-indigestion, colic, Woodward's keeps his diarrhoea. little stomach comfortable, and thus ensures sound sleep every night.

WOODWARD'S

GRIPE WATER keeps baby well

E-WW 43-74

WOODWARD, LAMITED, LONDON, KELLIE'

HUNG CHEONG

GROCERIES AND

!

PROVISIONS

WINE AND SPIRIT MERCHANTS

"#

66, NATHAN ROAD.

138.

581

Xen

Guilders

Shanghai Dollars

110 to 110 5/16.

Shanghai Market

Sterling opened at 1/53 for near. 1/5 13/16 for forward. The near rate was 1/18 down subsequently but the forward quotation dropped 1/8, both to 1/5 11/16. Dallers reported at 38 and 36 7/16 for near and forward and at one time were 361 and 38 3/19. Later the market steadied to 36 3/16

381.

and

IN THE AFTERNOON The market was quiet in

the afternoon, the tone being steady,

Sterling

LONDON FINANCE NOTES

Silver And The Chinese Embargo

(Special Air Mail "Service)

London, Sept. 15.

NOTICE TO CONSIGNEES.

DORAN STRAM SHIP CO., LTD.

AID

'CHINA -MUTUAL" STRAM.

NAVIGATION CO., LTD.

CONSIGNEES per Co's Vessel

"IXION".

offered in May to the public for Considerable interest was arous-subscription at 21s. per share, it ed in the City yesterday by the was stated in the propectus that report that China had imposed the directors, were satisfied that restrictions on the export of silver, the profits for the year would be and had also placed a ban on not less than £850,000. They also charged into Holt's Wharf, Kowicen, si In Sterling a small business dealings in foreign exchange. Al- promised a dividend of 51 per was done at 1/7 19/32 for rear though bullion and banking circlescent. The issue was oversub-le also at their risk and expense and and towards the close 1/7 21/32 still awaited confirmation of the scfbed and the shares now have was reported for November de-statement, the step was not con- a market value of 23s, 34. livery, finishing with sellers at sidered as improbable. For some

CONSIGNEES' NOTICE.

THE BEN LINE STEAMERS, LIMITED.

FROM LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.

The Steamship" BENNEVIS,”

CONSIGNEES of Cargo are hereby informed that all Gocar are being landed at their risk into the hazardous and/or extra bazardous Godowns of the Hong Kong and Kowloon Wharf and Bodown Co., Ltd., whence and/or from the harves Delivery may be obtained.

No Claims will be admitted after the "Gooda, "hare left the Godowns, and all

Goods maining undelivered after the 8th Oct, 1934, will be subfeel to Rent

FROM SEATTLE, VANCOUVER AND VICTORIA VIA -JAPAN are requested to také Delivery of Flour: and Immber Shipments as soon as the Vessel is ready to discharge and are hereby notified that if their fighter are required, their Shipments will be dis- not placed alongside the Vessels

their expense, where the Carge will subject to the Terms and Conditions of Storage at Holt's Wharf. Steamer will commence Discharge on the 1st Oct.

General Cargo will be discharged into Holt's Wharf, Kowloon, where it will lie Terms and Conditions of Storage at Holt's Wharf. The Cargo will be ready for Delivery from the Godown on and after 1st Oct.

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on any Tussdays and Fridays between the hours of 10.35

AB-broken, chafed and damaged Goods and hoor within the Free Storage period.

No Claims will be admitted after there to be left in the Godowns, where Goods have left the Vessel's Godown, and they will be examined on the 6th all General Cargo remaining undalivered of 1934, at 10 am, by Mesurs

Goddard & Douglas, after 8th Oct., will be subject to Bent.

All Claims against the Vessel piat

1/7 19/32 for near, 1/7 Novem-time, owing to the persistent drain, The results for the year to June ber and 1/7 21/32 December, buy-of silver from China, some such 30 last are now available and showt Consignees risk and subject to the

U.S. Dollars The market closed with sellers" at 401 for cash, 30 3/16 November and 40 5/16 December, buyers at 1/18 higher respectively.

1383.

581.

Tel. 57108.

Hong Kong Weekly Press

#

&

CHINA OVERLAND TRADE REPORT

The Weekly with the Yellow Cover"?

SUBSCRIPTION RATES

LOCAL:- $13 PER ANNUM INCLUDING PORTAGE

$6.50 Six MONTHS "

OUTPORTS & FOREIGN:-

$18 PER ANNUM INCLUDING POSTAGE $9 81x MozTES

-ORDER FORM-

THE HONG KONG DAILY" PRESS, LTD.,

HONG KONG

DEAR SIRS,

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

To..

ADDRESSED AS FOLLOWS:

Yen

Guilders

ers at 1/32 higher respectively, restriction has been anticipated. that the proft has amounted to This total compares There was no sign yesterday. £947,680, however, that the decree had come with £351.438-in 1933, £187,354 in The 51 into force, for the sales of silver 1932, and £41,321 in 1931. from China continued without in-per cent. dividend promised is to terruption, and were sufficient to be paid, this being the first since lower the price by 1-188 to 21 13-the incorporation of the company. 163. The probable result of any There are still 2,077,423 shares, effective embargo was widely can-the balance of the holding of Steel vassed, and there were diverse Industries of Great Britain, to be Shanghai Market

opinions in the market. A re-marketed. The Important City Steady. There were sellers of striction in the supply should. of group which financed the previous Sterling at 1/5 11/18 for near and course help to raise the price, sale had an option on these shares 1/6t Forward. U..S. Dollars, sell which is not what China has in at 235. each No announcement ers at 361 for near, buyers prob-mind On the other hand, it is has been made as to whether that ably at 36-5/18 for cash,

the buyer who decides the level option has been exercised, al- and if the USA, which is the though the voluntary liquidation main driving force in the recent of Steel · Industries has rise in silver, determines to call

H.K. SHAREBROKERS' ASSOCIATION

October 2.

Buyers Bank of East Asia, $91. Underwriters $1.10. Douglases, #41.

United Paracales, 30 cents. Hotels, $5.40. Lands, $50.

Wharves, $107. Providents (Cid), $1.45. Ferries, $97.

Yaumati Ferries, $21. Lights (Old); $8.70.

Lights (New) $8.30.

Electrics, $71,

Telephones (Old), $29.

Ropes. $8.15."

Constructions (Old); $1.65. Constructions (New), 78 cents. Nanyangs, $4.60.

Gold $'Bonds, 85 per cent Govt. Loan 4 per cent., 8 per cent

cent.

Govt, Loan 34 per cent. 3 per

cent,

Vibro Piling, $8)...

Sellers

Unions, $582. HK. Fires, $245. Canton Insce, $280. Hotels, $51. Trail, 530. Lights (Old), 43.80.

Hotels $5.40-AN.

agreed.

be presented to the Undersigned on or before the 22nd Oct., 1934, or they will not be recognized.

No Fire Insurance will be affected,

BUTTERFIELD & SWIRE

"A govta.

been 1st Oct, 1934,

a halt, as it did the other. 'day,

Another important operation in or refrains from pushing the price connection with the same. com- higher, restriction of supplies may pany will be the consolidation of not produce the effect that is the Debenture issues of itself and feared

its subsidiaries. The total of these. the May prospectus. stated

HEAVY DRAIN OF EXPORTS

I does not exceed £2,600,000

HOME RAIL POSSIBILITIES

$2881

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO., LTD.

AND

CHINA MUTUAL STEAM NAVIGATION CO., LTD,

“NONSIGNEES per Co.'s Vessel. SAHAGAMEMNOW”. FROM UNITED KINGDOM FLA BINGAPORE.

are hereby notified that their cargo will be discharged into Holt's Wharf Kowloon, where it will He at Conng nesa risk and subject to terms and

All Claims against the Steamer must be presented to the Undersigned on er before the 32nd Oct, 1934, or they will not be recognized.

To comply with the General Bonded Warehouse Regulations, consignes must have a Revenue Officer in attendance when damaged dutiable goods we

examined.

hy

No Fire Insurance has been effected. Bill of Lading will be countersigned GIBB, LIVINGSTON & Co. Lan,

Agenta. Jong Kong, 29th Sept, 1934. {2878

HAMBURO

LINIE.

NOTICE TO CONSIGNEES,

THE

and

SK M.V.

BAR KULMERLAND having arrived, from Hamburg Ports of call, Connghess of Cargo are!. hereby notified that their Goods are being landed and placed at their rink into the Hong Kong and Kowloon Whart and Godown Complay's godowni ut Kowloon where delivery may be obtained as soon as the Goods are landed

Optional Cargo will set by landed

In some quarters it is urged that the recent heavy export of süver has been in antispation of an em-

If the traffic returns continue, to bargo. It is more likely, however, that the movement of silver has be as favourable as those of the been in response to normal bust past three weeks more activity in dess demand, in order to meet the Home Railway section of the commitments for imports. Chinese market may be looked for. We have holders have undoubtedly been how reached the period in last getting a higher price for the year when trame receipts began conditions of storage at Bell's Whart here, unless. Notice has been given 48% | metal than they expected some steadily to rise in comparison with The Cas go will be ready for deliver thous prigi 10 me map)'s seriysi bat curried:

from frodow

on and ofthe 29 h Føpt. months ago, but China cannot 1832. So far that rise is continuing Opantal bargo, il det be landed on and bord to, párt (o the full pass of face the prospect of a drain of the this year. The figures this week here, unless notice has been given call to which we op ion extende metal, which would dislocate her were exceptionally good, the some prior to steer arrival bat carried foods have left the Godown, and all internsi economy. There seems to what poor showing made by the on from port to port to the final port Goode regudding, #nililiverdi after the

of call to which the option extende

All broken, chafad, and draaged a sonda are to be loft in the Godowns, where they will be examined on any Tuesdays and Fridays between tha hours of 10,45 4. 6ow within the free storage period,

No claims will be admitted: "Alt the Goods have left the abou Godown, and all Gooris undelivered after the 6th On be abléct to rent.

be no foundation for the sugges-LNE. in the previous week being tion that China has been exchangcompletely reversed with an in-

craze of £81,000, ing allyer for gold.

A high price for the metal, In the three weeks receipts have which makes Chinese commodities increased by £250,000 on last year's dear in the export markets, is not total for the same period. This as so often supposed, to the beat follows, an increase last year over interest of China. But apparently 1032 of £394.000, giving a total the situation is such that some improvement on 1932 of 2844,000, control is neremary, though do Of course, there is still the dim talls must be awaited before it culty that the trade receipts can ascertained that an erective Agures only tell half the story control can be established.

What the net position will be must be walted for till the end of the year. At the moment receipts When 4,500,000 of the 21 harse show a grosé incresse on last year.

United Steal Companies WOTE OF RA 204099:

UNITED STEEL PROGRESS

All Claims galds the stew or before the 19th Cow, or the be presented to the underly

not be recognised.

No Fire Insurance will be effactød BUTTERFIELD & SWIHE.

29th Beptember, 1924. .

„be, udzpitted after the

Friday, the 5th Oct, will be subject tz Rent,

All broken, chafed, and damaged Goods are to be left in the Godownr where they will be examined on Thurs day 4ths Cot, 10 am, by cur Buryojárn, Mosers. Goddard & Donglar. "To comply with the General Bonded Warehouse Reptilations consignees Taunt bava » Havenue Dilar in Mfendanów when damag# dutiable goods

[3877 Bock Bay, 28th Bapt. 1984