1934-10-19 — Page 13

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO-HARITTIMA ITALIANA-SITMAR

EXPRESS PASSENGER SERVICE FAR EAST-INDIA-ITALY

Through Tickets to LONDON (Sea & Raii 29 Days) Heavy Luggage to London by Special Train FREE OF FREIGHT Interchangeable Return Tickets with the Dollar Lnes on very favourable conditions.

1.

ROUND THE WORLD TICKETS ISSUED

in Connection with All the Trans Pacific and Trans Atlantic Conference Lines at

11

Special Reduced Rates.

Agents for the ITALIA" and "COSULICH" LINES isauing through tickets to North Central and South America, via Italy.

* For full particulara apply to :—

LLOYD

TRIESTIN O'

Queen's Building, Ground Floor,

Tel. Add. LLOYDIANO."

P. O. B. 143. Telephose 28034. Agents, CANTON,

Messrs. DODWELL CO., LTD., SHAMEEN.

THE

CHINA-SIAM

Hegular Weekly Service,

LINE.

between Hongkong-Bangkok via Swatow and vice versK

"

BEIJOS"

S.R. "HIRAM”.

From Hongkong

"HELLAS" 21st October "HERMOD"

28th October

From Bangkok

19th October Beth October

2nd November 9th November

Accepting cargo, for Swatowland Bangkok, Regular Monthly Service

between Hongkong-Singapore-Rangoon and vice versa.?

3.

HAI HING" sailing about 25th October. m.HAI LEE"

sailing about 12th November.

Accepting cargo for Singapore, Penang and Rangoon.

Limited pameager accommodation available.

For freight, passage rates and all other information—Apply to :--- THORESEN & CO., LTD.

Tel. 30237.

General Agents.

MAGNATE'S

PURCHASE

C. V. Starr Buys Insurance Co.

Queen's Building.

H. K. STOCK EXCHANGE

HONG KONG DAILY PRESS, FRIDAY, OCTOBER 19, 1934.

THE EXCHANGE MARKET

MESSRS, ROZA BROS.

LONDON EXCHANGE RATES

On Amsterdam Athena Belgrade Berlio Bombay Brusse Bucharest Buenos Aires Copenhagen Genet Helsingfors

A sharp reaction was recorded in Silver prices in London. yester- day. Prices were a pehny down at 33% and 24. The drop was attri- buted to profit taking. An exten- sive business was done during the day at varying rates up to a far- thing quotations. The price 112 New York was 541. 11 down.

In New York Sterling opened at Hongkong 4.943 and closed at 4.934.

Market

Lisbon Madrid Milan Montevideo Montreal

New York

Easy conditions were evident at the start followed by an extreme- ly weak market. Business was done at rates considerably under the no- minal opening list, a clicum- Oslo stance which was not obtained for

past. Bubse-Prague a very long time quently the market reacted sharp-" ly, the closing tone at 1 pm. was steady to dim.

Sterling

"

Paris

(Brian Winess. SERVICE. Í

1213

1/8 1/16

20.93

538

361 8.0.

Sterling Parity" Oct 16.

1110 Florini 7-10

Oct 18 7.21

376 Drachmae

510 8"

176,316 Dinarı

215

..... 90:49. Marks 12.10

15 6d, per "Ruped

30 Belga 20.87 ....... 813,568 Lai 47.58d. per Peac

18.150 Kroner. 22.40 A... 25.19) Franes 14.95 .. 193. Markı 2281

22.391

14.98

2261

110 Escudba 110 (?) 23.9) Pekat-96 21/32

1/8 9/16 1101 351

99.48 Lire 56 18/16

ST 3/32

30.85d. per Peso

40 S.O.

4.807 Dollars · 4.801

4.83)

4.93)

10.00

74 5/32

1164

1161

4 8.0.

1/5 15/18

1813 Kroner 19.391 34.56 Schillings 264

24.588. par Yet 1/2 1/16

1/5 5/16 10,391 281

1/2 1/32

241 25

247 25

4.967 Dollars 4:91

18.180 Kroner 19.904

.............. 194.81 Frano 73 5/16 184.95 Kronen 26.93d...per Gold

Rio de Janeiro

Shanghai Stockholm Vienua

Buyers started to bid immediate- | Yokohama

ly after the opening at 1/7 13/18, Silve (spot) sellers reluctant to quote. Buying | Silver (forward) rates then began to recede rapidly War Load with transactions done at 1/7). 1/7 5/16 1/74, 1/7 3/16, 1/71 and 1/7 1/16 for various deliveries. At‡ the last rate mentioned buying pressure subsided and the market almost immediately veered, sellers offering 1/7 1/16, 1/71, 1/73/16 with business arranged at 1/74 for cash, 1/71 December, 1/7 7/16 |.. December and cash, 1/74 Decem- ber and cash and 1/7 9/16 for cash and December, closing at 1 p.m. with sellers at 1/71 Novem- | Or ber/December and 1/7 9/16 Jan- uary, buyers at 1/7 9/16 November and probably December and 1/78 January.

Tá. Dollars

Milreis

74% 34% 105 9/16

Closing Quotations

October 18, 1934,

UN LONDON:

Telegraphic Transfer... Bank Bils, on demand Bank Bills, 4 months'

sight

Credits, four menths'

Kight Shanghai:—

Ca Demand

ON SINGAPORE:--

ÖS JAPAN:-

te

Os New Foix : --

31% 105 7/16

Bank Bille, on demand 4 ) Credits, 60 days' night.. 41%

ON BATAVIA:---

On demand

ON PARIB

Bank Bills, on demand 510 Credits, 4 months' sight 4:0

ON SAIGON:----

-14

On demand

61

On Muran

Oh dèmianà

On demand MI

Ox BANGKOK:—

On demand

140

On demand

ON INDIA:-

Telegraphic Transler..

Bank, ca fieras'd

C. G. GUTHRIE

Opened with buyers at 40). The buying rate then receded, rapidly with transactions done subse- quently at 394 January. Later the market reacted and business was done at 39 13/16, 39) and 40 for near delivery: The market closed at 1 p.m. with sellere at 40 for November/December, buyers The Lamport and Holt Line have probably at 40 1/16 for near de-appointed as their superintendent livery.

engineer

Guthrie Charles Mr. Guthrie, who has been engineer- ing manager at Liverpool for the past 13 years for Messrs. Harland and Wolf, Ltd.

Shanghai Market Business was dorie during the course of the morning at 118, Later 1184 and 120 were also ar-,

·ranged for November and `Decem- ber. There were sellers at 120. buyers at 120.

انه

Shanghai Dollars

.

SOVEREIGNS, Bank Buying

Rate

BAR SILVER, per os

1/8] 22

GERMAN SHARE

MARKET

[Special to the "Hong Kong Dally

Press" (Copyright).3

Beriin Oct. 17. While business in the share- market remained quiet, the tran-

took place at.. sactions which

Mr. Guthrie is a son of the late YESTERDAY'S OFFICIAL

Mr. Charles Guthrie, of London, higher prices proved that conf- - QUOTATIONS-

who was a member of the shipown- dence in the outlook is being ing and ship broker firm

of maintained. Fixed, interest secu- Guthrie, McDonald Hood and Corities were in demand, gold and The market opened Arm with

Opened at a level lower than He spent five years apprentice mortgage loans showing substan-

tial advances. Mr. C. V. Starr, of Shanghal. ha,trong buyers for most of the yesterday. Sterling at 1/4 and ship to marine engineering with

utility and Industrial stocks and

Dollars at 34. Both currencies Messrs. Ross and Duncan on the bought control of the United States in spite of the advance in prices weakened. Sterling right down to Clyde, and in order to obtain gitarmer at 931. Reichsbank down Life Insurance Co., an 8-year-old shares are still scarce. concern with assets of U.S. $6,176,-

ed here to-day.

New, York, Oct. 8.

The Shanghai market, judging 989 more than U.S. $27,000,000 of from cabled advices received dur- Insurance in force, it was announcing the day, would also seem to be on up grade, the most notable Mr. Starr said that he intends to example being Ewos, which open- extend the operatioris of the United |ing at Sh.$11.25 were later reported States Life abroad. The company buyers at Sh.512. already is writing business in Canada.

In order to speed up this expan- sloh of operations, one of the company's actuaries, Mr. J., F. R. Lontit, is going to Shanghai, iri November to study life insurance conditions in the Far East from the headquarters there of the Asia Life Insurance Co, of which Mr. Starr is a director and was former- ly president.

|

Mr. Starr said he feels that the present moment offers a splendid opportunity to an American firm in the foreign field, most of the major American life companies having declined to write business abroad for the past several years

There will be no charges in the personnel of the United States Life as result of the passage of control to the Shanghai insurance inan, direction of the company being left 171 the hands of the present management, Mr. Starr said.

CANTON SILK MARKET

The Kwangtung Raw Silk Text-

SALES

Union Insurances, $500. Docks, $124.

Hotels, 15.

Hong Kong Lands, $51. China Lights (Old), 38.90. “ Telephones (Old), $22.80/22.90.

- BUYERS Hong Kong Banks, 31,810. Union Insurances, $500. Underwriters, $1.15. Wharves, $107. Providents (Ola), $1.45 Ewo Cottans, Sh.$11. Hotels, $5.20.

Hong Kong Lands, 450). Hong Kong Trams, $19.90. Yaumati Ferries, $214. China Lights (old), $8.85. China Lights (new), $8.80. Telephones (old), $23. Singapore Tractoin, 4/6. Canton fees, $2.85, Watsons, $51. "Constructions (new). 78 cts.

Vibro Pling. $8.60.

SELLERS

H. K. Land Debentures (40%).

-34% Frem.

RUBBER QUOTATIONS

Messrs Carroll Bros nave 're-

ing Bureau, Department of Reconceived the following quotations of

struction. Canton. China.

Canton Quotations

October 18.

Extra O.S. 13/15 H.K. $380N. Small Extra 08. 13/15 FLK.

$355N,

Crack- N.8. 14/18 HIK. $386N. Extra Extra .20/22 HK $260N. Waste N.B., Open H.K $51.

Singapore Rubber Shares dated. 9th October 1934.

1/34 and Dollars to 32 but at this stage the market reacted and at closing time Sterling was obtain able at 1/3 and Dollars at 324 The tone was given as steady.

Silver Stocks as per advices of 9th instant estimated at Taels 295.- 148,000 as against Taels 353.375.000

a year ago.

Call Money 4 to 41, Young Loan to 1461, Dyetrusts improved

to

rose.

"145," Salzdetfurth

73

PRESIDENT LINERS TOURIST CLASS

Large Staterooms, Every Comfort, New Low Cost!

The popularity of President Liners' Tourist Class in mcally undanood when you realize that the very low fares are unaccompanied by reductions in President Liners", famed comfort and service. You travel speedily on large, smooth- riding ships, in an airy, outside starteroom. Anti you enjoy the Enest food obtainable...At fares so low they will amaze you!

"//

TO SAN FRANCISCO 18 Days To VICTORIA, SKITTLE 47 Days

via Shanghai, Kobe, Yokohama, Honolulu

|_ Fortnightly mülings

بریم

Prou. Wilson Oct. 28, Midnight

Fres, Coolidge .... Nov. 3, Acou

Pres, Lincoln. Nov. 20 Midnight Pres. Hoover Dec. 1.8. Am. Pros. Cleveland.Dec. 18, M'night.

EUROPE, NEW YORK

Inquire for round trip takete in Europe La dansection with Lloyd Triestino.

Vis Mazlla, Bingapore, Fansay, Colombo, Bombay, Buax Cana! Alamadila, Naples, Gamba Marseilles.

Fres, Monroe ... Oct. 97, 9am. Pres. Van Buren Nov. 10, 8 m. Pres. Gardeld.... Nov. 24, 8 km. Fres. Folk...Dec 8, 8 at Préh. Adaizhu........... Dea. 99, 8 a.th.

|

Įvia Shanghai, Kobe. Yokohama

Fortnightly mailings

Pres. Jefferson....Oct. 28, 10 a.m. Pres, Jackson..Nov. 9. Midnight

Pros. McKinley.Nov.28 M'night

Frea. Grant...Dec 7, Midnight Pres. Jefferson. Dec. 91. M’night.

MANILA

THE MOST FREQUENT"

BERVICE

ן

Next Sailings

Pris, Jaderson....Oct. 10, 6 p.m. Prei. Coolidge...Oct. 25, 9 p.m. Pres. Monroe.... Dat. 27, 8 5.50. Pres. Jinckweb... Nov. 3, p Prisk. Van Buren:Nov. 10, 8 4,00.

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PIDDER BUILDING— HONG KONG, CANTOM BELICH :~4, OFAKER BÖÄN,

CONSIGNEE NOTICES.

CONSIGNEE NOTICES.

HAMBURG-AMERIKA LINIE,

NOTICE TO CUNSIGNÉES.

NHE M.V.

THE

EUER having arrived, from Hamburg and Ports of cal, Connguees of Cargo ará hereby notified that their Goods are being landed and placed at their risk into the Hong Kong and Kowloon Wharf and Godown Company's godowas at Kowloch, where delivery obtained as soon as the Goods are landed. Options! Cargo will not be landed bere, ankete Notice has been given hours prior to vessel's arrival, bet carried

may be

.է

NOTICE TO CONSIGNEES. ·

PENINSULAR AND

OHIESTAL STEAM NAVIGATION Co.'s ST**M** *CHITRAL.'

ARRIVED HONG KONG ON 18TH OCTOBER, 1954.

"PROX ANTWERP,LONDON,GIBKAL

TAR, MARSEILLES, MALTA PORTSAID, ADEN, COLOMBO AND STRAITS.

of Cargo the

Nbove-named Vessel go hereby ine formed that their Goods are being landed and placed ar THEIR BISK in the Hong Kong and Kowloon Wharf and Godown Company's Godowns at Kowloon where each Consignment will be sorted out hark

Mark and Delivery can be obtained a

Potash on from port to part to the final port of | Vy are landed.

call to which the option extends. Steel

No Claims will be admitted after the Croods remaining undelivered after the Goods have left the Godowas, and mil - Saturday, the 20th Oct., 1934, will be

abject ic Rent.

REICHSBANK RETURN

engine experience was two years with Messrs. Rogers and Co., of

1 to 157, German Plymouth. He served in the steamers of Messrs. Patrick Henan Men Ons unchanged at Trusts weakened to 421. Ger-

derson and Co.. running from the 1164 and Bemberg Rayon Clyde and Mersey to Rangoon, unchanged at 134- tit he had obtained all his Board Transocean Kuo Min. of Trade certificates, after which he joined Messrs Denny Bros, IN THE AFTERNOON

of Dumbarton, as engineering Sterling.

draughtsman, eventually becoming Conditions in the

assistant to Mr. Wm. Denny, who afternoon continued erratic, opening with a

specialised in diesel engine work.. buying rate of 1/7 the rate ra- In 1921 he was appointed engineer- pidly lost ground until it touched ng manager in Liverpool for 1/7 at which rate a small bust-Messrs. Harland and Wolf, which ness was done, subsequently react appointment he has held ing to a business rate of 1/7 for since. October/November and 1/7 3/18 Mr. Guthrie took up his appoint- for November. The market closed ment with Messrs. Latimport and with sellers at 1/7 and Hikely Holt on October 1. ... buyers at 1/7 3/16.

U.8. Dollars

ever

(Special to the "Hong Kong Dally Press” (Copyright.)]

Berlin, Oct. 17.

The Reichsbank return dated

October 18 issued on Wednesday

reveals further relaxation on the

tension evidenced at the end of September when the monthly and quarterly settlements

-coincide.

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on Friday, 19th Ost, 1934, at 10 am, by our Burveyors, Mesara. Goddard & Douglas. To comply with the General Bonded Warehouse Regulations, consigases must have a Revenue Officer in attendance when damaged dutiable goods are eramined.

All claims must reach us.. before Tuesday the 20th Nov., 1984, or they will not be recognised.

No Insurance will be effected. Bill of Lading will be countersigned by

JEBSER & 00 Agente.

Eighty-one per cent of the special Hong Kong, 15th Oct. 1934 short term demands made on the Reichsbank have been repaid. Gold

Business was reported In the JAPANESE TO END POOL stock increased by 1.3 million marks

afternoon at 391 for near and to- wards the cluse 394 was also indi-

(3924

CONSIGNEES' NOTICE.

THE BEN "LIKE" STEAMERS, ́

LIMITED.

to 79.8, while holdings in foreign currencies were unchanged at 29 cated as having been done for News has been received in Lon-millions, making a total, in note cash. The market closed with sell-don that the Japanese ship-break-cover, increase of 1.3 miltons to ers at 39 near, 39 7/16 November, ing, pool is being wound up. Itį 83.7 millions as against 78.9" ob and 39 9/15 December, buyers at will be recalled that several September 29. The note circulation 39 for near, 39 9/16 November months ago a pool of shipbreakers declined 75.2 milions to 697.5 mill-Fox and pfőbably 194 December.

1364.

ST.

Ten

Guilders

Shanghal Dollars Business done at 121, closing with likely sellers at perhaps 1/2 a polut better.

'.

Shanghai Market Sterling opened at 1/3 and Do lars at 328 in the afternoon -ses-" Prices in Straits Currency alon. The market was weaklih, Buyers Bellers last advised rates were 1/31 and

$1.85 $1.95 321"

Allenbys

Ayer Panas Bassets.....n

Changkat Serdang 5.25

Olenealy

*Jiman

and shipsbrokers was forrded in lion Reichsharks.— Japan with a pool of shipsbrokers | Transocean Kuo Min.

in London, to acquire tonnage for demolition purposes. From time to time there have been rumours that the progress of affairs was unsatis." factory and we now understand that when the business actually in hand is completed, the "pool" will cease operations.

GERMAN NATIONAL

REVENUE

AMERICAN "NAVAL

MIDDLESBRO', “ANTWERP, LONDON AND STRAITS,

the contrary dix Hours before arrival of Optional Goods will be landed here unless Instructions have been given to the Steamer

Goods not cleared within 8 days in dading date of arrival will be subject to Beat

No Fire Insurance will be affected by va in any cras whatever..

·Damaged Fackagha hunt be left in the Godowns for examination by the Consignees, and the Company's surveyors, Meurs. GODDA & Douglas,st 16 am. on Mondays and Thursdays, within the Free Storage period.

Consignees are specially notified that it necessary for a Revenus Officer to be present at the examination of damaged dutiable.cargo..

All Claims against the Steamer zinst be presented to the Undarsigned an ar before 7th Nah, 1934, or they - will not be recognised.

No Uliar will be admitted after tha Goods have left the Godowa, MACKINNON, MACKENZIE & Co

(298) Hong Kong, 19th Ock, 1934.

SILVER · LINE.

NOTICE TO CONSIGNEES,

NEW YORK in LOS ANGELES

The Steamship" BENGLOE”

♫ HE Moter Vossel·

SILVERSANDAL Z MONSIGNEES of Cargo are hereby having arrived from the above Port on

THE

Omformed at all Goods are being 16th Oct. Consignees of Cargo are

Iaded at their risk into the basardous and/or extra hazardous Godawns of the trans-Hong Kong and Kowloon Wharf and Godown Co. Ltd. whence and/or from wharver Delivery may be obtailed No Claims will be admitted after the Goods have left to Gollows and all Goods remaining undelivered after the 23rd Oct., 1934, will be subject to Hent

All Okims against the Steamer must be presented to the Undersigned on or before the 6th Nov., 1834, or they grill not be recognized.

* MOVEMENTS

Nine destroyers and two port carriers of the American Navy - arrived in Shanghai from Chefoo via Tsingtao. They have been spending the summer in Cher too and stopped in Tsingtao en route for Shanghat for two days They will remain here probably until the end of the month when they will proceed to Manila. The U.6.8. Parrott 218, the UBS, Bark- er 213, the U88. Pope 225, the The German national revenție of U.8.8. Buimer 222, the U.S.S. John 1934 is confidently expected, «to | D. Edwards 216, the UB.8. John D. UFA, October 3—(Tass)-A rear reach ten milliard marks, that is Ford 228, the USB, Stewart 224, are to be left in a Godowns. Whi gold nugget weighing about eight over one milliard more than the the USS. Paul Jones, and they will be examined an the en kilograms has been found in Bash previous year when it totalled 8.85 USB. Edsall are the nine destroy Goddam & Donga kiria. Six other gold nuggets milliard marka. The first sizers, and the two transport carriers weighing from from 90 to 200 months of this year have already are the USA. Pourt 126 and gramms were found in the same brought in a surplus of 400 million the USS Black Hawk They

180 · 1,90-

721

77 6.50

2.10 ..2.25

GOLD NUGGET FOUND

1.75

**1.95

Kedah

3.05

3.15

Lunas

2.10.

2.25

Malaka Pindas Pajamis

$1.65

#175*

2 10122.25

1351.30

Bld Aak

Tapah

216

230

Desember

115 115

T. Afixati

150

1.70

February Aprit

(115)-71:16)

United Ma

130

1.87 region during

117 117 Utan Simpan

1.80

137 monthą;

Yokohama Quotations. October 17 (CLOSED)

New York Quotations

October 16.. Sandycroft

past

[Special to the "Hong Kong Daily Press" (Copyright:}],

Berlin Oct. 17.

Smarka.

Trinatown Krišta. Në

arrived yesterday morning bet 9.50 art, and 11:40 am..

hereby informed that ther Goods are. being landed at their risk into the Godowns of Hong Long and Kowloon Kowloon, and stored at Cosingmodé Wharf and Godown Company, Limited,

and Arpense

All broken, chafed, and damaged Goods are to be left in the Godowas, where: they will be examined on Monday, 92nd Oct., 1934, st 10 am (

All Claims must be presented within 16 Days of the vessel's arrival bere To comply with thi Ueneral Bobdef' | aller which flat they cannot be re- Warehouse Regulations, consignees must have a Berenan Officer in attendance when damaged datable goods are examined.

All broka, ahafed and damaged Goods

No Fin Insurance has beení dějected Bili of Lading: will be spuitorulga GIBB, LIVINGSTON & Co. Exhi

Käik, 10th 'Ooty 1984.

cognized.

No Claims will be admitted after the Goods have left the Godowns, and an Good remaining, modelivered after the 93rd Oct, 1934, will be subject

No Hirs Tawurance, bus been spected, Hula of Lading will be sơn

— FURBESS (FAR WAS

Weg"Dar 98185. They Hong Kong, 16th Ct., 1984.