1934-11-12 — Page 13

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TR’ESTINO-GARITIMA ITALIANA-SETMAR

EXPRESS PASSENGER SERVICE FAR-EAST-INDIA-ITALY

Through Tickets to LONDON (Sen & Rail 22 Days) Heary Luggage to London by Special Train FREE OF FREIGHT Interchangeable Return Tickets with the Dollar Lines on very favourable conditions.

ROUND THE WORLD TICKETS ISSUED

in Connection with All the Trans-Pacific and

Trans-Atlantic Conference Lines at Special Reduced Ratas.

Agents for the ITALIA" and "COSULICH" LINES lasuing through tickets to North, Central

and South America, via Italy.

For full particular apply to

TRIESTINO

"

HONG KONG DAILY PRESS, MONDAY, NOVEMBER 12, 1934.

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

LONDON EXCHANGE

(BRITISH WIRELESS SERVICE)

375 Drachmas .623 S. 276,316 Dinars 219 ..................... (90.43. Marks 12,441

RATES

Sterling Parity

19.10 Florina

Nov 6 7.401

Nov.

7.38

520

12.40 1/0 1/16 21.38

500

is. 6d. per Rupee 1/6 1/16

30 Belgaa 813,568 Lei

Silver prices were steady yes- Amsterdam terday at 231 for Ready and 231 Atbens for Forward, recording rise of Belgrade 3/18 for both deliveries. India Berlin ............. and China were reported to have Bombay!........ bought but the latter also sold. Brusela The market closed with a firmish Bucharest tone reflecting reluctance of the Bacnos Aires....... part of sellers. Silver in New Copenhagen Geneva..... York was higher at 533.

Sterling eased to an opening Helsingfors rate in New York of 4.981 and Hongkong closed higher at 4-991.

Lisbon

Madrid

Market

Milan

Indications of strength at the

subsequently opening but

Montevideo

the

market eased off slightly.

Sterling

Tel Ada. LLOYDIANO."

P. O. B. 143. Telephone £8024, Agents, CANTON,

Montreal New York Oslo Paria, Prague

LLOYD

Queen's Building, Ground Floor,

Messrs. DODWELL CO., LTD., SHAMEEN.

THE

CHINA-SIAM

Regular Weekly Service

LINE.

between Hongkong-Bangkok via Swatow'and vice verna

From Hongkong

8.4." HELIOS"

B.B." HIRAM”

8.8.

18th November

..HERMOD" "

25th November

"HELLAS"

From Bangkok

18th November. 23rd November 30th November 7th December

Accepting carge for Swatow and Bangkok.

Regular Monthly Service

between Hongkong-Singapore-Rangoon and vice versa.

ms HAI BING" mailing about 27th November.

1.

Accepting cargo for Singapore, Penang and Rangoon."

Limited passenger accommodation available,

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

Tel, 30237.

General Agents

HIGHER PRICE OF GOLD

Assisting Trade Recovery

London, Nor. 10.

trade recovery International should be greatly assisted by the higher price of gold, which, apart from stimulating production in West Africa and elsewhere, nod eliminating the fears of a scar-. eity of the metal, will increase she buying powers of certain countries, especially the South-American re- publies which have been hard hit by the fall of commodity prices, giving them time to stage a fresh lease of business life, states Mr. Henry Schroder in the "Quarterly Review:"

the

Russia is proininent among countries presting by the growing output of metal and the high price, and is expected to displace Canada for second place among the world's gold-producing countries. Her buy- ing power should be so greatly stimulated" 89 to prove an im portant

recovery.

Queen's Building.

CANTON SILK MARKET

13

The Kwangtung Raw Silk Test.. ing Bureau, Department of Recon- struction. Canton. China. “

Canton Quotations

November 8. Extra OS. 13/15 H.K. $380N. Small Extra OS. 13/15 HK.

$340N..

Crack N.8, 14/16, H.K. $275N. Extra Extra 20/22 H.K. $245N. Waste N.S. Open H.K. $5IN.

Yokohama Quotations.

November 8.

Opening

Yen 530 Bourse 6 months....... Yen 540

Spot

New York Quotationa

November 8.

Bla Ask 1.18

1,19 ....1.19 1.204 1.011 1.211

December March May "New York Quotations are ob. talned through Courtesy of Amer ican Oriental Finance Corpora-

factor in European tion.

小

The increased world production will be largely absorbed by specula- tive purchases and boarding, but it is inevitable that the increase of gold-backing for credit will have the same effect as the discovery and the development of the Band, name ly, a period of activity and pros perous enterprise, which was only terminated by the war. Reuter.

TREASURY BILLS'

London, Nov. 9, The total amount applied for in tenders for £35,000,000 Treasury bills was £58,265,000. The amount allotted in bills at three months was £32,000,000. The average rate per cent. was 5/2.650, as compared with 6/7.660 last week- British Wireless.

BRITISH STOCK

London, Nov. 9. Further advances in the price. of British Government securities took place on the Stock Exchange. War Loan 3 per cent, closed at

1051, Consols 24 per cent. at ́801, the highest since 1908. Conversion

REICHSMARK QUOTA- TIONS

[Special to the "Hong Kong Daily Press (Copyright.)1

Berlin, Nov. 10.. Reichsmark quotations (without guarantee):- New York

Paris ...

Amsterdam Parts Sterling Dollar Transocean Kùo Min.

Opened with sellers at 1/7 13/18 but the selling rate gradually rose

re-

Shanghai Stockholm Vienna..... Yokohama Silver (spot) Silver (forward) War Loan

to 1/7 at which rate a small busi-Rio de Janeiro ness was done for near delivery. Subsequently 1/7 29/32

Was ported for near delivery. At this stage the market eased off sight- ly, and buyers came out again at 1/77 resulting in business at that rate for December and January Towards the close business was done "at 1/7 27/32, for near de- livery, finishing with sellers at 1/7 13/16 November, 1/7 27/32 De- cember and 1/71 January, bayers at 1/7 November and probably December and 1/7 15/16 January. 1.8. Dollars Business was done during the course of the morning at 41 7/18 for near. Later offers at 41 were and De- also accepted for cash cember. The market closed with sellers at 41 5/16 November/De- cember and 41 7/16 January. buy- ers at 41 for near and probably December and 41) January.

Shanghal Dollara

UN LONDON-

21.45 405

47.58d. per Peno

36 8.0.

18.159 Kroner

22.40

25.29) Franci

15.36

193.23 Marks 2261

1/7 9/18

110 'Escudos 1301 25.99) Pesatar 36 11/16

.99.48 Lir 50.88d. per Peso

4.887 Dollars 4.987 Dollars

18.130 Kroner 194.21 Franca 184.25 Kronen 28.90d. par Gold Marein

18.15 Kronor 34.581 Schillings 24.58d. par Yen

58 17/32.

39 8.0.

4.88

5.001

381 9.0. 22.40 15.33

1/7 13/18 1101 36 9/16 58.5/10 391 5.0.

4.87

4.991

19:501

19.90

78 1/32

75 25/32

1197

119 9/16

44 8.0. 1/4 18.394.. 281

41 8.0. 1/44

1/2 1/16

23 9/16

23 11/16

1% 34% 105 11/16

Closing Quotations

November 10, 1934

Telegraphic Transfer... 17}

Bank Bills, on demand Bank Bills, months'

sight

Credits, four months'

sight ON SHANGHAI:— On Demand ON SINGAPORE:-

On demand ON JAPAN ----

ON NEW YORK:~~

19.391

271

1/2 1/16

Bank Bille, on demand 4 i Credits, 80 days' sight.. 41] ON "BATAVIA 2-

On demand.............. ON PARI:

381

Bank Bills, on demand 815 Credita, 4 months might 645

ON SAIGON :----

On demand .................501)

1/73

||

1/81

............

1,20

ON MANILA-

891

On demand

ON BANGKOK :--

On demand

138

US INDIA:-

done

at

Telegraphio Transfer... Bank, on demand ......

1071,

A small business was 1212 for December delivery.

Shanghai Market Sterling was quoted at 1/4 3/18 at the opening followed by 1/4 and subsequently 1/4 5/16 but a late advice gave the market at 1/4. Dollars 334, 33 15/18 and 34 and subsequently 33 15/18. The mar ket Was steady throughout the morning.

H. K. STOCK EXCHANGE

SATURDAY'S OFFICIAL

QUOTATIONS

REICHSBANK RETURN

[Special to the "Hong Kour Daily Press" (Copyright.)}

Berlin, Nov. 9.

81

13.

PRESIDENT LINER TRAVEL SERVICE

is Available Throughout the World

You will find Dollar Steamship Lines and American Mail Line offices and agents wherever your travels may take you and in every one of these you will find the same. friendly service that characterizes travel on the famous President Liner. We urge you to use it, to make your harvels trouble-and-care free... on land as well as sex.

TO SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 ́ DAYS: via Shanghai, Kobe, via Shanghai, Kobe. Yokohama, Honolulu

Yokohama

Fortnightly sailings Pres. Lincolu. Nov, 20 Midnight Pres. Hcover Dec. 1, Noos Pres. Cleveland.Dec. 18, M'night. Fres, Coolidge....Drc. 19, 9 a.m. Pres, Taft. Jan. 15, Midnight

EUROPE, NEW YORK

Inquire for round-trip tickets to Harape in mastection with Lloyd Tristian,

Via Manila, Singapore, Penang, Colombo, Bombay, Sass Canal Alaxandria, Naples, Genos,

Marseilles

Pres. Garfield... Nov. £4, 8 a.. Pres. Polk. Dec. 88. Pres. Adam... Dec. 23,8. Pres. Harriton... J. 5,9 m.

Fortnightly mailings Pres. McKinley.Nov. 23 M'night Pres Grant. Dec. 7, Midnight: Pree Jefferson.Dec. 21, M'night. Pres. Jackson Jan. 4. M'night Pres. McKinl. y.Jan. 18. M'night

MANILA

THE MOST FREQUENT

SERVICE

Next Sailing Fres. Lincoln. Nov. 13, 6 p.m. Pres. McKinley, Nov. 17, 6 p.m. Prea. Hoover.... Nov. 22, 9 pm. Pros. Garfield... Nov. 94, 8 m.

· DOLLAR STEAMSHIP LINES. AMERICAN MAIL LINE

PEDDER BUILDING~~~ HONG KONG. CANTON BRANCH:—S, BHAKKE BOLD.

On demand ......................... 11:

SOVEREIGNE, Bank Buying

Rate

Ban Silvat, per ok, mum. 231

CONSIGNEE NOTICES

CONSIGNEE NOTICES.

GERMAN SHARE MARKET

Special to the Hong Kong Dany Press" (Copyright.)3

NOTICE TO CONSIGNEES.

AMERICAN & MANCHURIAN LINE

FROM WILMINGTON, BAN FRANCISCO, NEW YORK, NEWPORT NEWS, SAVANNAH AND NORFOLK,

THE

-

Thi

CITY OF FLORENCE"

NOTICE TO CONSIGNEES.

OCEAN STEAM SHIP CO., LTD. OKINA MUTUAL STEAM NAVIGATION CO., LTD.

YONSIGNEES per Co's Vessel

CONSIGNALTY BIUS

From SEATTLE, VANCOUVER AND VICTORIA VIA JAPAN are requested to take Delivery of Flour and Lumber Shipments as soon as the Vessel is ready to discharge and are hereby notified that if their Lighters ara not placed alongside the Vesso! "as required, their

Berlin, Nov. 11. As happens frequently at the A special interesting "feature" of the Relchsbank returni dated week-end, buying slowed up in the November 7 issued on Friday is 'sharemarket on Saturday so that the payment of 4.5 million marks prices tended to sag, though as a gold, equivalent to 400,000 pounds rule the declines were not great. sterling, remit to England immediately by the publication of the figures of upon the signature of the new unemployment showing a further Anglo-German, Payments Agree- decrease in the number of jobless. A small business was done in ment. An official comment reads The turnover in fixed interest was small, price' ex- "In view of the already immode-securities Lands. Trams and Cements. latter having enquiries for both rately shrunken gold and devisen changes infrequent, gold and mort Gor reserves of the Reichsbank, this new. gage bonds a shade lower and city cash and forward delivery.

are in good de- diminution means a heavy sucri loans were mostly unaltered. ernment Loans mand and the premium office which can only be justified for the conversion loan fails to by the expection of a reflux of the sua now expended as the result attract sellers.

of increased Anglo-German mer- chandise exchange."

Germany undertook to The whole market was' supported her are informed that all goods are charged into piments will be dis

SALES

the

H. K. Land 4% Debentures, 11

Frem Telephones (new), $9.70/9.85.

BUYERS

Union Insurances, $5174. Underwriters, $1.15. Docks, $123. Providents (old), $1.55, H. K. Lands, $504. Hongkong Trams, $19.35. China Lights (old), $8.80. China Lights (new), $855. Singapore Tractions, 4/3 Singapore Tractions (Pref), 17/9. Canton Ices, $3.

Constructions (new), 75.cts. Gort, 4% Loan, 84% Prem. Govt/ 34% Loan 3% Prem.

40.26

811

50.62

SELLERS Hongkong 'Banks, #1656. Canton Insurances, $285, Douglases, $41,

Sandakan Lights, 33.

75.00

15.1825

"People Who Matter"

PEOPLE WHO MATTER, to the advertiser at the people why can

Afford to buy his goods. Most of these people buy and read the

3 rose to 101.11/16, a new high Hong Kong Daily Press,

record, and local loans """Threes”

were quoted at 96.5/8- British Wwelcu.

Telephones (old), $23 Cements, $2.10.

Govt. 31% Loan, 4% Prem

LOCAL SHARE MARKET

G. A. Harriman's weekly Report

Hongkong, Nov. 10. Mr. G. A. Harriman's weekly share report and market review Issued at noon states:

The market during the week un- der review was very quiet, co- sequently business on the whole was on a rather restricted scale with rates more or less unaltered: In the investment section, Hong Kong Electrics receded, farther with business reported at as low as $67, Wharves after having been dené at $100, continued in demand at $108) Telephones and Dairios were neglected at quotations,

having arrived, Consignees of cargo by being landed at their risk into the hazardons and/or extra-hazardous go downs of Messrs. Holt's Wharf, whence Optional cargo will be carried on, delivery may be obtained. unless notice to the contrary be given prior to arrival of steamer,

No claims will be admitted after the geode hare left the godowns, and al goods remaining undelivered after 18th Call Money 34 to 4. Young Loan

All claims against the steamer must declined to 954. Reichsbank November, 1931, will be subject to rent. weakened to 1411. Dyetrista im-be presented to the undersigned on or proved to 1381, Salzdetfurth before 23rd Nov., 1934, or they will Fotash jumped 21 to 147, German not be recognised. Gold stock declined 4.7 million Steel Trusts i firmer to 39. German Reichsmarks to 778 millions, for- Mineral Oils dropped to 1014. eiga currencies increased 0.3 mil-Siemenshalske better to 135, lions to 4.2, making a net decline Bemberg Rayon declined 1 to 130. in note-cover of 4.4 millions to 82 Note-issue million Reichsmarks.

declined 171.8 millions to 3651.1 The amount of inlilion marks credit issued as measured by bilis, cheques, advances and investments declined 138.0 milions to 4000,2 million Reichsmarks.-- Transocean: Kuo Min.

All broken, shafed and damaged goods must be left in the godown, where they will be examined by the steamer's surveyor on by Tuesdays or Fridays, between the hours of 10.45 m. & Noon, within the Free Storage Period

of

One Week,

No Fire Insurance has been effected, Bills of lading will be countersigned by THE BANK LINE (CHINA), LTD,

Agrota

[2095

4

With the exception of special cases, notably banking and ship- ping shares, all prices were higher at the end of the week than at the beginning both in shares and fixed | interest securities. This result was Hong Kong, 9th Nov., 1834. unmistakable, attributable to the relaxation of the tension in the international politics! situation. The upward trend began m Tues-" day after Bir John Bime speech in the House of Commons about the Baar and then reinforced by the exchange of views between Laval and Koerster on the same Messrs H. B. Joseph and Core-theme. The turnover was not great ceived the following Straits Car throughout but the outlook was from Singapore undoubtedly viewed with greater rency quotations for Raw Rubber.

optimism. Transocean Kuo Min. *

RAW. RUBBER

Jan-March 22 3/4 down 1/4 April-June 24 3/4 down 1/4. Market:-Steady.

Trams remained firm with aales reported at $19.35 and more abares could be placed at this rate. Among the minor issues, Hotels and Lights were wanted at $4.60 and $8.60 re- spectively. Cefaents were in favoUF again with buyers at 2:00 for near deliveries. In the sterling section Banke and Unions were transacted The at $1645 and $520 respectively, tone of the market at the close is quietly steady

Business during the week has been done at the following prices :~~

Hongkong Banks, $1840 Wharves, $109 Water boats, $12.90/13 Hotels, $4.45/4.70 Humphreys, 9.15 Ewos, $9.90

Hongkong Lands, 481.00 Hongkong Trams, $10 Entertainments, $8.90 Gold Rivers, 22 cents

GERMAN SHARE QUOTATIONS

Special to the "Hong Kent Dally

"Press" (Copyright,}]

Gelsenkirch

Berlin, Nov. 10,

138.125

28:25

Mining Co. 58.375 68.625 German Dye Trusts 195 Hamburg-Amerika

Line 27

Mining Co. 103.50 unq.

CONSIGNEES' NOTICE.

THE BÉN LINE STEAMERS, LIMITED.

FALE LEITH, MIDDLESBRO, ANTWERP, LONDON & STRAITS. The Steamship* BESYENUE.” CONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hamardous and/or extra hazardous Godowas of the Hong Kong and Kowloon Wharf and Bodowa Co., Ltd. wheton mud/or frêm the wharyen Delivery may be obtained.

Ho

Wharf, Kowloon, at their expense, where the Cargo will lie also at their risk and expense and subject to the Terms and Conditions of Storage at Holt's Wharf. Steamer will. commence Discharge on the 9th Nov.

General Cargo will be discharged into Bolt's Wharf, Kowloon, where it will lie at Consignees rink and subject to the Terms and Conditions of Storage at Holt's Wharf. The Cargo will be ready after th Nov. for Delivery from the Godawn on and

All broken, ehsted, and damaged Goods ars to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10.45 4, and Noor within the Free Storage period.

No Claims will be admitted after the Goods have left the Vessel's Godown, and all General Cargo remaining undelivered

All Claims against the Veel must after 18th Nov., will be subject to Rept. be presented to the Undersigned an or before the 30th Nov, 1934, or they will not be recognised.

No Fire Insurance will be affected.

* BUTTERFIELD & SWIRE.

Agents. 9th November, 1934.

(2895

NOTICE TO CONŠIGNEES OCEAN STEAM SHIP 00, LTD.

AND

CHINA MUTUAL STEAM NAVIGATION CO. LTD. UNSIGNEES per Co.'s Vennel

*?" PATROCLUĄ

Fox UNITED KINGDOM VIA SINGAPORE. are hereby notified that their cargo will be discharged into Holts Wharf Kowloon, where it will lie at Centig neeg risk and subject to terms and conditions of storage at How Wharf. The Caigo will be ready for

Olaima will is admitted after the | from Godown on and after g

(cango

Grill not be

Optional Goods have let the Blodowns, and Goods remaining undelivered after the hers, unlear potice has been 16th Nov., 1984, will be rabject to Best prior to steamer arrive but carried:

port All Olsims against the Steamer must on from port to port to the final

option

exfenda be presented to the Underagued on or of call to which the before the 29th Nov, 1934, or abay will All broken chafed, and damaged goods are to be left in the Godownsy not be recognised.

To comply with the General Bonded where they will be examined on any Warehouse Regulations, consignees at Thodey and Fridays between the tend vice hours of 10.45 AM and Noon within have a Revenus

goods are the free storage period. when examin

All broken, chafed and

ace to be left at the Glodowa en they will be gaming, an de 19. m by M NOT

Roehren 42.125 78.50

North German Lloyd 24/15 28.375 Goddard Dusciante

142 Rhenish Westphalen 101

Harpener

Mannesmann

Reichsbank...

Siemenshalike

134.50-135-

United Steel Works $38.50 Young Loan Transocean Xus Kin.

141.125 102.25

49

by

LIVI

94.75

95.25

Hong Kong, The Movi

BIL of Lading will be countersigned

No claims will be admitted alter the Goods have left the steamerk Godown, and all Goods remaining undelivered after the 1715 Mara be subject to rent.

All Cisima against theßteamer IMSS be presented to the undersigned on or alive the 1st Dec, or they will not be recogn

No Fire Inese)

BEATLE

50th: November, 19

Feffected ED & SWIRE