1934-10-26 — Page 13

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LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO-MARITIMA ITALIANA-SİTMAR

"

#

EXPRESS PASSENGER 'SERVICE FAR EAST-INDIA-ITALY

Through Ticketa to LONDON (Sea & Rail 22 Days) Heavy Luggage to London by Special Train FREE OF FREIGHT Interchangeable Return Tickets with the Dollar L nes on very favourable conditions.

"

ROUND THE WORLD TICKETS ISSUED in Connection with All the Trans Pacife and

Trans Atlantic Conference Lines at Special Reduced Rates,

Agents for the “ITALIA" and "COSULICH" LINES issuing through tickets to North Central and South America, vin Italy.

For full particulars apply to:-

LLOYD TRIESTIN Ö

Queen's Building, Ground Floor,

Tel. Add. "LLOYDIANO."

P. Q. B. 143. Telephone 28024. Agents, CANTON,

Messrs. DODWELL CO., LTD, SBAMEEN,

THE

CHINA-SIAM

Regular Weekly Service

LINE.

between Hongkong-Bangkok via Swatow and vice versa

From Hongkong

.... "EIRAM”

...BELLAS"

8.a."HERMOD"

28th October

From Bangkok

seth October

2nd November "0th Novembar

Accepting cargo for Swatowland Bangkok. Regular Monthly Service

between Hongkong-Singapore-Rangoon and vice versa.

1.4. "HAI HING" sailing about 25th October,

m... "HAI LEE" miling about 12th November: Accepting cargo for Singapore, Perang and Rangoon.

Limited passenger accommodation available.

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

!

Tel. 30237,

General Agents.

GERMAN SHARE MARKET

[Special to the "Hong Kong Daily Press" (Copyright.)]

Berlin, Oct. 24.

The sharemarket was again be- calmed, prices crumbling away whenever stock 'BS offered Mettalurgicals, shipping and elec- tric shares dropped appreciably. The fixed interest securities mar- ket was dull, most sections closing- a shade lower than on Tuesday. Call Money 31 to 41, Young Loan unchanged at 933. Reichsbank weaker at 1453. Dyctrusts de- clined to 143. Fotash improved i to 1551. German Steel Trusts lower at 41, Ger- man Mineral Oils dropped 1 to 100, Siemenshalske. 1 weaker at 140, Bemberg Rayon improved to 134

Transocean Kuo Min.

Salzde Sfurth

REICHSMARK QUOTA-"-

TIONS

Berlin, Oct. 24. Reichsmart quotations (without

guarantee):

New York

Paris

Amsterdam

Paris Sterling

Dollar

Transocean Kua. Min.-

.50.19

609.04

.59.38"

.75.40 .15.15125

SINGAPORE QUOTATIONS

Messrs. H. B, Joseph & Co. have received the following quotations from Singapore dated October 17, 1934 on Tin, Rubber and Industrial shares; prices in Straft Cur-

Strait rency.

Mining

Buyers Sellers. Kintas....

2.55

Kuchais

Linguis

Lukutā

Ayer Panas

30

Queen's Building.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL'

QUOTATIONS

A feature, of an otherwise duli market, was a decline in Hotela. Business being transacted at $5 for cash and $5.10 for December delivery. Among Insurance shares Union were in demand at $5021, Cantons remain on offer at $285, whlist "there are buyers of H. K. Fires at slightly under the nominal quotation. With the exception of H.K. Electrics, which are on offer at $59, utilities continued fairly steady.

Sales

Hong Kong Banks, $1597). China Lights (New), $84," Electrica, $89

Buyers

Hong Kong Banks, $1597). Union Insurances, $5021 Underwriters, $1.10. Wharves, #107., Providents (Old), $1.40. Hong Kong Lands, $51k. Yaumati Ferries, $214. Telephones (Old), $23. Singapore Tractions, 4/6. Singapore Tractions (Pref), 17/9.

Canton Ices, $24.

Constructions (New), 78 cents.

Vibro Piling. $6.60

Govt. 3 per cent. Loan, 2 per

cent. Prem

Sellers

Canton "Insurances, 8285. Ewo Cottons, Sh.$10. HK Lands 4 per cent Deben- tures, 3 per cent. Fram. Dairy Farms, $231.

Govt. 34 per cent, Loan, 2 per.

cent, Prem:

RAW RUBBER

April/June" 261 "down" 1/4- Market-DuN. ·

HONG KONG DAILY PRESS, FRIDAY, OCTOBER 26, 1934.

THE EXCHANGE

MARKET

MESSRS, KOZA BROS.

LONDON EXCHANGE RATES

Belgrade... 178,818 Dinars

The support given to Silver for account of India continued yester day and China was again in the Speculators market as a seller. were on both sides of the market | which closed quiet Prices 1/16 up at 234 for Ready and 231 Helsingfors. for Forward. The American price was unchanged at 531

were

Sterling was a steady market in New York yesterday, opening at 4.98 and closing at 4.98),

Marked

Opened steady but subsequently armed up following Shanghai,

Sterling

22.40 15.25

On Amsterdam Athens

(British WirklENO ŠERVICE 1 Sterling Parity Oct 40

...... 12.10 Florine 7.29

375 Drachmas

512

Dec. 24. 7.35 515 8.

217

Berlin Bombay Brussels Bacharest.... Buenos Aires Copenhagra vega Geneva

20.43 Marka

12.28

12:35+

1s. 6d. per Rupee

1/6 1/18

35 Helgas 813,388 Lei

21.15

21.31

492

495

47.58d. per Peso

361 S. O

381 s.o.

18.159 Kroner

22.40

25.29) Franes

1515

193.23. Märki. *- 2264

228

Hongkong Lisbon Madrid

1/7 7/16

1/72

..... 110 Escudos 110

25.224. Posatna

36 3/18

38 13/16

Milan........

99.48 Lira

Montevideo Montreal

50.88d. per Peso

67 21/32 391

58 1/18

New York Oslo Paris Prague

4.867 Dollars .... 4.807 Dollars ........ 18.159 Kroner

4.862

4.96%

4.981

19.901

19.904

154.21 Franc 74 29/32 164.25 Kronen* 118

75' 15/32

1183

Rio de Janeiro.... 26.934. per Gold Milreis

41 8.0.

There were sellers after the ope ning at 1/7 11/16, buyers bid- dtug 1/3. Later offers at 1/7 Shanghai 23/32 were accepted for November Stockholm delivery followed by transactions Vienna........ at 1/73 for December and second Yokohams hal November., Towards lunch Silver (spot) time 1/7 13/16 was reported for Silver (forward) November delivery. The market War Loan closed with sellers at 1/71 October/ November and 1/7 25/32 December. buyers at 1/7 25/32 October/No- vember and probably 1/7 13/16 December.

...

1!

D.S. Dollars Business was done at 40 15/16 shortly after the opening. Sub- sequently transactions were ar- ranged at 40% for near 'delivery. The market closed at lunch time with sellers at 40 15/16 October/ November, and 41 December, buy- ers at 41 October/November and 411 December.

Shanghal Dollara

123 to 1231.

Shanghai Market

Steady. Sterling opened at 1/3 13/16 and improved later to. 1/3 15/16. Dollars were steady at 32 13/16 to 33 3/16.

IN THE AFTERNOON

The market was slightly easier in the afternoon.

"Sterling

In Sterling business was dobe and sec- at 1/7 25/32 November ond half November and 1/7 13/16

The

closed December.

market with sellers at 1/7 11/16 October/ November, 1/7 23/32 December. buyers probably at 1/7 23/32 Octo- ber/November and 1/73 December

U.S. Dollara

Business was done early in the afternoon at 41. Later the buyers rate receded to 40 15/16 October November. sellers at 40 13/16 for Bear delivery.

Shanghai Dollars The highest rate done this after- noon for Sterling was 1/4 At the close the selling rate receded to 1/4 1/16. buyers at 14. Dol

done this lars, the highest rate afternoon was 32 7/18 and towards the close sellers were indicated at 32 5/16, buyers at 32 7/16.

H.K, SHAREBROKERS' ASSOCIATION

-15 BUYERS Banks, $1595. Underwriters, $1.15. Douglases, $41: Providents (old), $1 Docks, $12). Yaumati Ferries, $22. Lights (old). $8.90. Lights (new), $8.65. Constructions (old), $1.80. Constructions (new), 78 cts. Gold $ Bonds, 85%.. Govt. Loan 4% 8%. Govt, Loan 34%, 2%. 6. C. Enterprise; $1.20. Vibro Piling," $6.60.

SELLERS

Raubs, $11.4

Hotels, $5.

Lands, $51.

Trams, $19.80. Cements, $2.10.

SALES

... 18158 Kronor 34.6 Schillings 24.58d. per Yen

41 8.0. 1/4 15/16 19.39 261 1/1.25/32 25.15/18 24

Closing Quotations

October 23, 1934.

UN LONDON:-

Tolographic Transfer... Bank Bille, on demand (1 74 Bank Bills, 4 month

sight Credite, four months"

sight

ON SHANGHAI:—

On Demand ON SINGAPORE:--

On demand

Ox New Yok :-.

1101

391 8.0.

4.831

19.301 26+

1/1 29/32

231 231

Bank Bills, on demand 412 Credits, 80 days' sight.. 417 ON BATAVIA :-

On demand

Bank Bill, on demand 810

Credits, 4 months' might #40

ON SAIGON:-

On demand

1/78

ON PARIR:—

rai

120

34

ON MANILA-

............ 69)

On demand

ON BANGKOK :

On demand

1302

ON INDIA:---

Telegraphic Transfer... Bank, on dema”ıd

108

ON JAPAN:-

On demand

SOVERSIONS, "Bank Buying

Rate .....

BAR SILVE, për os, ................. 23)

REVIEWS OF THE MONTH

European Security

(Special Air Mail Service)

Londen, Oct. 6. The cause of peace and various aspects of air and sea power are among the subjects discussed in the October reviews.

The Nineteenth Century" opens with an article on the implications collective" security by Lord of Davies, who reads Mr. Baldwin's re- cent admission that we must fol- low the example set by other coun-" tries as a terrible admission" we ought to have accepted the French plan for policing Europe under control of the League, instead of which we have "ranged ourselves

means

the omissions of his subordinates; meanwhile the dictatorship. has forged chains for itself in strang- iing imports, production, and 'em- ployment; a system which tightens the national belt to extreme dis- cannot last, but as brute tress

it Dr. force will not overthrow Breitscheld looks for relief in The satellite transitional stages. garden town is reviewed by BirE. D. Simon; his model is not Welwyn or Letchworth, but Wythenshawe, the satellite of Manchester, which is being laid out as a far more serious effort; unfortunately the buliding of such towns generally the aide of the dictators and in- ternational anarchists," and pro-is hindered by Parliament's refusal to allow the extension of cities in pose to repudiate the last 15 years of pacts and membership of the this manner unless their existing League. After examining the area is completely balit up; this is a narrow view; and Dr. Keith of protecting civilization against impending disaster, Lord Murray argues that sugar beet Dayles argues for the establish-growing does not justify the sub- ment within the League of a per- sidy; Mr. G. de Weever contrast British manent, and disinterested, tribunal the potential wealth of appointed by international aut Guana with the neglect of that Colony by the Government; Bir hority: let us as a nation, there- fore, take the "only stop corres William Collins treats of the inter- ponding to our interests, conson- national drug traffic; Mr. Eustace ant with our professions, and con- Miles enumerates the "minimum sistent with our morality." In rights of humans" for the benefit "Armies of the Air" Leutenant of political economists;" Professor Colonel H. de Watteville writes of Hearnshaw's recent address on de- the new strategy imposed by air mocracy and dictatorship is re- power: he holds that it will force printed; Bir Percy Alden pleads for the States of Europe to form de- the production of motor spirit and fenalve blocs," the larger States oils from British coal; and Bir G. taking the smaller into their orbit, Leveson Gower "gives his recollec for Great Britain, if the Contin- tions of Gladstone. ental defence problem be regard ed as paramount, "the air" müst come first," but, we have also to

"b consider the defence of oversea trade routes and possessions. In "Sea Power and the Mediterran-

ean" another aspect of Imperial strategy is discussed by Lord Stra- bolg!, who asks whether we may not pay too highly for concentrat ing in the Western Mediterranean, which may prove an Achilles belli we should gradually shift our nav a1 and military power to the East em Mediterranean, where it is in- dispensable. In "Russo-Japanese Friction" Captain M D. Kennedy argues in the interest of peace that the sooner it is recognized that Messr Carroll Bros have recely-Japan will never voluntarily give ed the following cabled quotations up her experiment in Manchukuo of Shanghai Rubber Shares.

the better. Prices in Shanghai Dollars."

SHANGHAI RUBBER

SHARES

2.474

1.03

1:07

Rahmans

Sungel Luas

1.20 1:00 1.16 1.28)

1.05

1.324

T. Harbours ...... 6.10

6.40

Messrs. H. B. Joseph & Co. re- ceived the following Straits Cur-

trom.. rency quotations. (Buyers) Singapore for Raw, Rubber.

Jan:/March 25 down 3/8.

Docks, $12.80.

Robbers

Alor Gajah

Ayer Moleks

1.60 1,850.D., 1.99C.D. **1.15 .......... 475

80

Nyalas

1.271

1.321

.75

Pajams

· 2.10 ··

·2173

1.00

1.02

Punggors

40.

.45

Sungel Tukanga. 1.20

1.25

Telok Ansons

1.30

Tapahs

2.10

2,171

Tambalaks.

85

99

Angio Javas,

$11.75

1.224 / 1271

United Malaccas. 1.80

Anglo Dutch

8.00.

2.750.D,

Ulu Pandan

1.35

Chemors

:90

Ulu Benuts

.55

58

Corisolidatedn

3,60

General

Java Consolidateds

2.00

Malayan

Kroewoeks

Breweries 2,35

2.40

Tanah Merah

* 82 1.88

Raub Gold 7.90 Steamships

8.00

Tebongs

18.00

18.25

Ziangbe

Bassetts

Bukit Katils

Brogas.......en

Brunel United..... 5:00

Changkat

Serdang 5.40

Glenealys... 212

Indragiris

Kuala Bidims

Kluangs Mentakabs

...... 42

Malaka Pindas... 1,65 Mandal Tekongs New Bendals.

Kempas

“CONTEMPORARY REVIEW""

So do

In "the Contemporary the plight of Germany-is-analysed by Dr. Rudolf Breitscheld, who regarda one thing as certain: "Hitler will never allow 1. referendum that could leave him in a minority" nevertheless, in the end he will be 10.60 held accountable for, the deeds and

"FORTNIGHTLY REVIEW"

DOLLAR STEAMSHIP LINE AMERICAN MAIL LINE

&.&. "PRESIDENT JEFFERSON"

IS.S.

sails for

Shanghai, Kobe, Yokohama, Seattle,

Victoria*

10.00 a.m., Saturday, Oct, 27.

&.&. "PRESIDENT MONROE" S.S.

Bails for

Manila, Singapore, Penang, Colombo, Bombay, Suez, Port Said, Alexandria,

Naples, "Genoa, Marseilles and New York

8.00 a.m., Saturday, Oct. 27

CANTON SILK MARKET

The Kwangtung Raw Silk Test-

ing Bureau, Department of Recon- struction. Canton. China.

Canton Quotations

Canton, Oct 23. Extra 0.8.- 13/15 K.K. $390N. Small Extra OB. 13/15 EX.

$350N.

Cracks NS. 14/18 H.K. $290P. Extra Extra 20/22 HK. $280N.

Waste NS. Open H.H. $80. Was

Yokohama Quotations.

October 24.

Opening Yen 520-525 Bourze 8 months Yen 525

Spot

New York Quotations

October 23.

Bld Ask 1.151 1.16 1.16 1:171 118 ·1.184

December February April New York Quotations. are. ob- tained through Courtesy of Amer ican Oriental Finance Corpora-

tion,

TOBACCO MERGER

Gallaher's Acquisition.

(Special Air Mail Service)

Messrs.

London, Oct. 6. Gallaber, Limited an- notice that they have acquired the whole of the issued share Capital of International Tobacco and Peter Company, Limited, Jackson (Tobacco Manufacturer), Limited, and that the businesses of these companies, in so far as they are concerned with the home

CONSIGNEE NOTICES.

HAMBURG-AMERIKA“ LINIE.

NOTICE TO CONSIGNEEF.

Так и.т.

"DUISBURG" having arrived, from Hamburg and Parts of call, Conngues of Cargo we hereby notified that their Goods are being landed and placed at their risk into the Hong Kong and Kowloon Wharf and Godown Company's godownia - at Kowloon, where delivery may be obtained as soon as the Goods are handed, Optional Cargo will not be landed bare, unless Notice has been given 48 heurs prior to vessel's arrival, but carried on from

port to port to the final post of call to which the option extends.

No Chims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after tre Wednesday, the 3 st Oột, 1934, will be subject to Bent.

All broken, chafed, and damaged Goods are to be left in the Gedowns, where they will be viamined on Turday, (th: Oct, 195, at 10: m., by our Burveyor,

MeGoods & Dongius.

To comply with Ueneral Forded Warehouse Hegulations, consignees must. damaged dutiable goods are have Revenue Offer is attendance,

when

examined.

All claims must reach us before Friday, the 30th Nov., 1984, or they will not be recognized.

No Insurance will be affected.

Bill of Lading will be countersigned by

JEBSEN & 00 Agents,

1

Hong Kong, 25th Oct. 1984

(2000

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.

·CONSIGNER-BOTICE

6.9; "UHENONCEAUY." ARTED HONG KONG OF SUNDAY, THE tist OUT,, 1984. From MARSEILLES," 20......

In The Fortnightly* Már, W. trade, have been amalgamated brought part of cargo (Steel Bars) from

Russia

with their own.

The 8.8, "CHBNONCEAUX

ANTWERP er the 8.8. KOUANG BI

·Chamberlin “writes, "of

Prior to the acquisition by Call- through the coloured glasses" of the Press censorship, which, so far aher, Limited, of the shares the export interests of International from relaxing, has, he says, become Tobacco Company Limited, and NSIGNE of Cargo by the above-nairad Eteamer are, Bereby intensifed in severity during the Feter Jackson (Tobacco - Manu- informed that dulz: Goods, with the last few years, and he takes the facturer). Limited, were acquired exception of Optaxi, Treamers and Valu concealment of the famine of 1933 by two new companies Internat able being landed and placed at as a striking illustration of its eflonal Tobacco (Overseas), Limited Roar and Kevin Whadd and Godown their riak In the Godowne of the Hong fectiveness. He describes the con- and Peter Jackson (Overseas), 0 Lady Kowloon, whanos Deleery one ditions under which foreign cor Limited, in which compantes be obtamed ** las Goods are landled. respondents have to work, and he Gallaher, Limited, have no finan-Bood but cleared within. 7 Bars, bus

on the stage-cial interest

eroding data of amiral, will be subject to

|

menet be sent to the Under higued before :: Tuesday 1994, or they will not be recógnísað,"

Damaged

ckages momst be lett in

the Godowns for camination by the

the Company Bure Goddard & Dougins, at the 26th Ooth 1984. mait bare a Revenue der 3when- damagað by the

comments also managed tours of foreign visitors, wondering whether there is not some "magical quality" about the, climate or the atmosphere which thing with big schemes at the me- makes some of its sociologically ment: various overses routes will minded visitors cast away all serise soon be opened up: "how close wo of proportion and capacity for are to conquering the dificulties criticism. In conclusion he doubts nobody knows, but it is certain whether the regime of censorship that the conquest is near. Mr. in the long run, serves the best in Norman Bentwich treats of the terests of the Soviet Government, Privy Council as an Imperial link bit the impulse to secrecy is so and a palladium of Justice, In strong in Russian ocial nature "Italy and Germany's Mr. Maxwell Goo that he does not look for its abon- Macartney suggests that the rift donment yet. In "Aerial Activity between Rome and Berlin has Squadron Leader PR Burchall given a great opportunity notes that air transport in see France and Italy.

to

Hong Kong, Sini Uch, 1954

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