1934-11-28 — Page 13

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO-MARITIMA ITALIANA-SITMAR

EXPRESS PASSENGER SERVICE FAR-EAST-INDFA-ITALY:

SAILINGS 1934/5.

For Shanghai

s.s. "CONTE VERDE"

1st Deci

1236

B.8. "CONTE ROSSO"

8th Jan. 8.3. CONTE VERDE"... 3ril Fab. 2.8." GANGE"

14.

1.4. "CONTE VERDE”.

***** GANGE”

7th Mar 4th Apr. ... 4th May

For Singapore, Colombo, Bombay, Suez, Port-Said, Brindful Ventos, London by rail) & Triesta. 1,6. “CONTE VFRDE”.

3th Dec,

1995

A. "CONTE ROSSO" ..17th Jan. 1,8. "CONTE VERDE"...15th Feb. 8.&QANGE"

... 15th Mst. 1. "CONTE VERDE 19th Apr. 28. "GANGE"

.....13th May

***

For Full Particulars and Reservations of Accommodation Apply to:-

LLOYD TRIESTINO

Queen's Building, Ground Floor.

THI, Adi" LLOYDIANO"

Telephone 28024.

Agente in CANTONI-

P. O, Box 143.

DODWELL & CO., LTD., SHAMEEN.

SHIP & ENGINE BUILDERS.

SHIP & ENGINE REPAIRIES. MECHANICAL AND ELECTRICAL

ENGINEERS.

BOILER MAKERS,

IRON FOUNDERS.

Licensed To Manufacture

Lanz Perlit Iron)

BRASS FOUNDERS. "FORGE MASTERS.

OXY-ACETYLENE AND ELECTRIC WELDERS.

-DRY DOCK-

Length 787 Fest Length on Blocks 750 Feet

HONG KONG DAILY PRESS, WEDNESDAY, NOVEMBER 28, 1934.

THE EXCHANGE

MARKET

MESSRS: ROZA BROS.

Silver was a small market in London yesterday. Rates were 1/18 up, Ready to 244 and For- ward to 34).

LONDON EXCHANGE RATES

On Amsterdam Athens

Berlin

Bombay

Belgrade........ 176,316 Dinars

90.43 Marks 12.41

21.40

Bruxis Bucharest Buenos Airea

Geners Helsingfors Hongkong Lisbon Madrid

Speculators werc | Copenhagen reported as buyers, the market closing on the steady alde! In New York Silver was quoted at 55 Nom. At the opening of the market in New York yesterday Sterling was quoted at 4.98 and closed at 4.991.

Market Steady to firm.

Sterting

| Milan .......

Montevideo Montreal

New York Delo Paris...

Prague

@ 21.40

(BRITISH WIRILMA ŠILVIOL Sterling Parity Nov. 14.

19.10 Florins ....375 Drachma

Nov. 20

7.381.

1s. 6d. per Rupes 35 Belgae 813,588 Laj

47.58d. per Peso 18.189 Kroner

25.224 Francs 16.40

34

15.40

193.23 Marka

110 Escudos

20. Pesatas

38+

02.46 Lir 4.581

50.88d. per Peso

4.887 Dollar

4.867 Dollar

4.86] 4.90

391 S.O. 4.851

18.150 Kroner

Rio de Janeiro ......

There were sellers after the opening at 1/8 3/32. buyers bld- ding 1/8 5/32 leading to business at 1/8 3/18 for January followed by transactions at 1/8 3/32 for Shanghai December and 1/8 7/32 January. Stockholm Later: 1/81 was also arranged for | Vienus !..... February delivery. The market Yokohama ....... closed at lunch time with Silver (rpot) sellers at 1/8 November/Decém-Silvor (forward) ber, 1/8 5/32 January and 1/8 3/18 | War Loan | February;, buyers at 1/8 3/16 No- vemger/December, 1/8 7/32 Janu-

TAIKOO DOCKYARD & ENGINEERING COMPANY THE

OF HONG KONG,

SALVAGE TUG. “TAIKOO"

Wireless Call

V.P.G.N. 600 Meters

LIMITED.

..

2

Breadth at entrance

93 ft. 4 ing.

Depth on Centre of Sill H.W.0.8.T.) 34 ft. 6 ins -THREE SLIPWAYS- Capable of Handling Ships Up to 4,000 Tens Displacement.

-CRANES

300 TON Electric Crane at Sea Wall,.

Lifting reach 70 feet.

25 TON High tower gantry Travell- ing Crane. Lifting radius 77 fting serving the Bry Dock and Sea Wall berthi.

BUTTERFIELD & SWIRE, Agents,

HONG KONG, CHINA & JAPAN,

TEL ADDRIM: "Tarxeórock,' Hong Kong, TELEPHONE: 30211.

CALL FLAG: "NUMERAL ONE" OVER PENDANT ANS."

NEW INDUSTRIES IN

LACCADIVES

Sea Captain To Exploit Coral Limestone

vary and 1/8) February.

#

9. Dollars Business was done during the course of the morning at 417 for December followed by transactions

at 41 15/16 for December and January. The market closed at lunch time with sellers at 417 No- vember/December and 41 15/16 January, buyers probably at 41 15/18 cash, 42 December and 42 1/16 January.

**

Shanghal Dollars Business was done at 123 for December. delivery. There were sellers at 1231 for cash and prob- ably 123 December, buyers at 1/8 higher respectively.

Shanghai Market" Sterling opened, at 1/4 3/16 for near and 1/4 for forward bus steadied later to 1/41 and 1/4 1/16 for near and forward respectively. Dollars opened steady at 33 for near and 33 for forward and rose gradually to 33 13/18 and 33 re- spectively. Quiet but firm market

IN THE AFTERNOON The market opened steady in the afternOOM bat towards the close eased off slightly.

Sterling

i

In Sterling business was done 4* 1/8 3/16 for December and eash and 1/8 February. Towards the close the market eased off slightly and business was done at 1/8 7/32 January, finishing with sellers at 1/8 5/32 November/December. 1/8 3/16 January and 1/8 7/32 Febr- uary, buyers at 1/8 1/32 November/ December and probably January and 1/8 February..

US. Dollars

A fair amount of business was done at 42 'Tor December followed by transactions at 42 for January. 41 15/16 for cash and December. The market closed with sellers at 417 November/December; 41 15/1 January, buyers at 1/16 higher re spectively.

Shanghai Dollars Sellers were indicated at 1234 for

Capt. Ternel, of Bombay, who is factured out of shells on the main-cash, buyers probably at 1234 for on his way to the Laccadives with land. This lime had a great de-cash.

a vessel of his own, has an am-mand in Bombay, Calcutta and bitious scheme of industrialbang other places, and in view of Its the Islands

Capt. Ternel had been to the Laccadires last year and has, after a thorough study of the conditions there, chalked out a plan by which he hopes to improve the economic condition of the people as well as to bring them into contact with civilization by a regular steamer service with the mainland.

superior quality and extensive de- mand, It is now the intention of Captain Ternel to establish a lime industry in the Laccadives. an industry will provide employ- Such

mest to a section of the islanders. He also hopes to carry.on_18- search in the manufacture of paints of diferent" colours, with this island lime.

The Islanders depend entirely on At present, there is a very large coconuts for their vehood. The demand for jaggery and vinegar entire inhabitants of the Lacca-produced in the Laccadives. but dives would, in the opinion of Capt. according to Captain Ternel, they Ternal, have to starve in the event, are produced in a very crude form of the failure of the coconut crop He hopes to establish scientific at any time, especially as no steps Jaggery and vinegar industries. have been taken by them to de- velop the coconut industry, which is now deteriorating day by day.

Limestone Beds

An Urgent Problem

In the opinion, of Captain Terne, the most urgent problem for the islanders is the question of a re During his visit to the Androthgular steamer service between the Island last year, Capt. Ternel found islands and the mainland, without suficient scope for a lime industry. which no industry of any kind can Several feet under the sand on all be expected to be a success. At the islands, except Minicos and, present, the Islanders' transport Kalpeni, is a horizontal bed of cor- their goods for sale to the main- al limestone, which appears to be land in their antiquated island continuous with the conglomerate craft, at great risk to their lives. of the reef.

Moreover, the Islands are generally completely cut off from the main- land for over four months during the winter season.

The "stone is used for building purposes, and to its presence is at tributed the supply of good water which can be obtained if a well tá bored through the limestone beds. another important problem, that Similar limestone is found on the bad attracted his attention during

Captain Ternel mentioned that

H.K. SHAREBROKERS' ASSOCIATION

BUYERS Underwriters, $110. Antamoks, 75 cts.

Beng Explorations, 19 ris Big Wedge, 10 cla Gold Rivers, 22 ct... Balacota, 16 cta. Hotéis, 4.90.

Realty's, $4.15, Providents (old), $1,40 Lights (new), $8.00. Electrics, $85. Telephones (old), $22.85, Cements, $2.05,

Constructions (old), $1,70. Constructions (new), 75 cts. Gold $ Bonds, 90%

8. C. Enterprise, $1.25.

SELLERS Underwriters, $1.20. Antamoks, 79 cts. Providents (old), $145, Peak Trams, $121.. Lane, Crawfords, $3.80.

SALES

Antamoks: 75 cts. Gold Rivers. 21 cts. Electrica, $68.

.............. 194,31 - Franca 251

184.25 Kronen 26.83d.. per Geld

Milreis

18.159 Kronor 34.561 Schillings 84.58d. per, Yen

24 11/16 241.

24)

24

1% 31% 106)

34% 1001

Closing Quotations

November 17, 1934

UN, LONDON :-

Telegraphic Transier.... Bank Brils, on demand 17 Bank Bills, months'

sight

On Demand

ON NEW YORK:—

Bank Bilis, on demand 41 Credits, 60 days' sight. 42)

OR BATAVIA:---.

Da demand

ON PARIN

668

Bank Bills, on demand 6 o

Credits, 4 months' sight 030

On demand

1/71

Credits four months'

aight

18.

ON SHANGHAI :—

UN SAIGON

... 122

ON SINGAPORE ;---

ON MANILA K--

. On demand

ON BANGKOK :-

·14

On demand

100%

On demand

ON JAPAN :-. On demand

ON INDIA:-

Telegraphic Transfer... Baik, on demaḥd

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL

: QUOTATIONS" -

A Settlement on a small scale was safely negotiated during the day. At the close prices were well maintained on yesterday's levels, most counters moving in favour of holders,

SALES

Underwriters, $1.15. Gold River, 22 cts. Providents (Old). $1.45. Hotels, $5.

H.K. Landa, $52.10." China Lights (Old), $9.20. Electrics, 268. Cements, $215. Lane, Crawfords, $34.

BUYERS

Hong Kong Banks, $1,015. Underwriters, $1.15. Balators, $37.

Benguet Explorations, 20 cts. Providents (Old), 81.40.

Hotels, 34.90: ・・

H.K. Lands, 351). HK. Realties, $41. China Lights (Old), 39.15... Chine Lights (New), $890. Electrics, $68.

Telephones (Old), $29.10.

Telephones (New), $9.80.

Singapore Tractions, 4/3.

Singapore Tractions (Prot.), 17/9 Canton Ices, $2.85.

Cements, $2.10.

H.K. Ropes, $3.60,- Constructions (New), 75 cts. Govt. 4 per cent. Lóan, 73 per

cent. Prem.

SELLERS Underwriters, $1.20

Raubs, $11.

H.K. Trams, $19.80. Electrica, $89. · Eundakan Lights, $8. Dairy Farms, $22):

REICHSMARK QUOTA. TIONS

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

Berlin, Nov. 26... Reichsmark quotations, (without guarantee):-

*New York

Paris

"Amsterdam

40.21

609.8.

59.45

75.7

Paris Sterling Dollar....15.17 1/18 Troniocean. Kua Min..

༄༅།--་་་-,- B

SOVERSIONS, Bank Buying

Rate

H

11

1/88

BAN SILVER, per os, ................... 214

CANTON SILK MARKET

The Kwangtung Raw Blk Test. ing Bureau, Department of Recon struction. Canton, China.

Canton Quotations

November 25, Extra 0.8. 13/15 E.K. $380N. Small Extra 0.8. 13/15 HK.

$350N..

Cracks NS. 14/16 HK. $290P. Extra Extra 20/22 H.K. $250P. Waste NS. Open H.K. $53JP.

Yokohama Quotations.

November 26.

Opening

Yen..508 Yen 580

Spot

Bourse 6 months

New York Quotations

November 23.

BI4 Ask 1:23 1.23

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

8.S. 'PRESIDENT HOOVER"

will sail for

Shanghai-Kobe-Yokohama-Honolulu San Francisco Los Angeles

NOON-SATURDAY- December 1, 1934

Arrives Shanghai, Monday-

December 3.

CONSIGNEE NOITOES.

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES OCEAN STEAM SHIP CO. LTD.

AND

...CHINA MUTUAL STEAM

NAVIGATION CO., LID.

TONEIGNEES per Co.'s Vassel

MEMNON

"FROM UNITED KINGDOM..

VA SINGAPORE. are hereby notified that their cargo will be discharged into Holt's Wharf Kowloon, where it will lie at Connig nees' ink and subject to terms and conditions of storage at Holt's Wharf. The Cargo will be ready for delivery from Godown on and after 24th Nov. Optional cargo will not be landed here, unless notice has been given prior to steamer's arrival but carried on from port to part to the final port of call to which the option extendi.

All broken, chafed, and damaged goods are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10.45 A. and Noor within the free storage period.

December March

1.21) 1.05) May

1.281 1.281 New York Quotations are ob- tained through Courtesy of Amer-be subject to rent. ican Orients! Finance Corpora

tion.

BERLIN BOURSE

[Special to the "Hong Kong Dally Pre (Copyright).]

Berlin, Nov. 26.

PRINCE LINE. NOTICE TO CONSIGNEES

FROM. NEW YORK AND LOS ANGELES

Tax

..

THE Motor Vessel

JAVANESE PRINCE" baring Krivel tion the above Part on 3rd instant, Consignees of Cargo are hereby informed that their Goods are being landed at their risk into the Godowns of the Hong Kong and Kowloon Wharf and Godown Company, Idmited, Kowloon, and stored at Consignees risk and tape, chafed, and damaged Goous

All are so be left in the Godowns, where they will be enmined on Friday, 30th instant, 1984, at 10 mi

All Claims must be presented within, 15 Days of the Teasel's arrival here, after which date they cannot be re- cognized.

No Claims will be wimitted after the Goods have left the Andows, mod ali No claims will be admitted after Goods remaining undelivered after the. the Goods have left the steamer's 1st December, 134, will be subject to Godown, and all Goods remaining | Rent." undelivered after the 30th Nor., will No Fire Insurance bar barn effected,

Bill of Lading will be anlarsigned, FURNESS (FAR EAST), LTD., 4th Floor, King's Huilding, Connaught Rost.

Telephone No. 29166. Hong Kong, 24th November, 1984.

[3082

be presented to the undersigned on

All Claims against the Steamer must by or before the 14th Dec, or they wil not be recognised.

No Fire Insurance will be effected.

BUTTERFIELD & SWIRE

Agedti 241h November, 1934.

The sharemarket on Monday was erratic, most prices tending to decline though as a rule not by more than one point. The uncer- tain fealing was chiedy Inspired by the further weakening of Dyetrist shares. The business done in the fixed interest security market was The also small but the prices continued. Arm, gold and mortgage bonds and treasury bills advancing somewhat, Call Money.3 to 3- Transocean Kus Min.

REICHSBANK RETURN

AGENCIES.

[acso

HAMBURG-AMERIKÄ LÍNIE.

NOTICE TO"CONSIGNERS.

THE LY

SAUERLANDS" London Office of the RONG Ports of call, Consignees of Cargo me having anted, from Hamburg and KONG DAILY FRE88 hereby notified that their Goods are 71287 SET, ROA, in coorkant | belug funded and placed at their risk by rucnising Enquiries from Home in to the Hong Kong sad Kowloon What Manfactures regarding Suitable and Godown. Company's gɔdowns at Firma to not, ne agents for their Kowloon, where delivery may - be products in Hong Kong and obtained as soon as the Goods are landed. South Chine.

Optional Cargo will not be handed hours prior to vessel's arrival, but carried hare, ualeas Notide has been gitan ka

No Cainer will be admitted after the Goods have lafs the Godowns and all Goods semaining delivered after the 28th November, 1934

1934 will be isbject to

If Local Companies desirous of taking

úp further Agencies will let son from port to port to the final port of know the Lanes in which they are call to which the option extends. interested the information will be forwarded to London and passed on to interested parties as op. portunity chert, ka vi Service is offered to our Benders without chargs, and, of course, no obligation in mourred in offher

This

[Special to the "Hong Kong Dally: Press (Copyright)-3,

Berlin, Nov. 28. So far as note-covers are con- cerned, the Reichsbank return dated November 23 published on Monday shows a further fight improvement which, however, rphe Bequired Information should be Warehouse Regulationdje

Wat to the

RAW RUBBER

inforces those that have taken Messrs. H. B. Joseph and Co. replace in the last few statements HONG KONG DAILY FEESS, L'E tency quotations from Singapore goldmarks to 78.4 million, while for Raw Rubber

foreign cinzenty reserves decreased

lagoon beaches of most of the his last visit to the Laccadives many cases were victims to skin. Lelands, but the bed, instead of was leprosy, He had been told by diseases of some kind or other. Heceived the following Straits Cur- Goldstock indretsed by dá minion being horizontal, appears to dipa medical officer, who had served attributed the prevalence of leprosy towards the lagoon at the same in the leccadives for a year, that to so wide an extent to the daily angle as the lagoon beach.

The time manufactured last year lepers was only ten on the averageants and the use of water heavily while the percentage of active consumption of fish by the inhabi out of this limestone was found to the percentage of those tainted vegetables to supply them the re be far superior to the lime manu-with leprosy wak 86. People inquired amount of vitamins.

Jan/Mar 27 Up 1/4 April/June 23 Up 1/2 Market: Steadier

from 0.1 million to 17 making

net cover increase of

to 828 milion rel

All broken, chafed, and damaged Goods are to be left in the Godown, Chers they was be examined on 27th November: 1024; sk:10 mm, by... our Burveyors, M. Goddard & Draglar Compr with the General Bonded

tandanes

bave

Bills of Lad

dati