1934-12-19 — Page 13

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...15th Mar

19th Apr." ...ith May

· 1.8. “CONTE RO880” ... '1st June 5. "CONTE RO360"... 9th Juze

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E

South China Daily News

49-51 Bollywood Road. (NAM WAH YAT PO)

Telephone: 23612 & 28284.

Hong Kong.

Cable Address

"Swmonis **

CEYLON AND THE

CO

QUOTA

Stimulus To Imports From Lancashire And India

(From a Correspondent)

more

יז

The effect of the quota levied on that the penalisation was Japanese cotton and rayon goods apparent than real owing to the i now

becoming apparent in superior durability of the British Ceylon. Though the huge stocks goods. of Japanese roaterials which had Large consignments of Lancashire accumulated have, of course, not piece goods have been arriving for yet been exhausted, or even mark some weeks now, All thess are not edly reduced, it is anticipated that coming direct from England, but 'a' rapid inroads will be made into large proportion of them from ther early next year. "For one Bombay, especially of white mulls, thing, consumers realise that this printed fancies, and dyed fancies. is their last chance of securing The reason for this is that Bom- cheap Japanese goods. The Gorbay importers, experiencing a ernment has taken up such a stara | glüt of these lines in their own attitude towards profiteering that market, have been glad to take neither middleman nor retailer has advantage of the demand in Cey. rentured to take advantage of the lon, even though it has meant position to put up prices, so that selling at a considerable sacrifice. Japanese articles are still available | In fact, the imports of goods of at figures only slightly above thors: British manufacture during recent luling before the quota was intro weeks have been larger than they duced.

would otherwise have been owing Perhaps the most important to the opportunity offered of factor in the situation, however, is picking up these goods in Bombay the fact that the large importa of at exceptionally low prices. The Japanese goods which were on the direct imports from England are, way when the quota came in were | however," rapidly increasing, the allowed to be landed only | en | imports for the week ending Ucto- condition that they were to be bez 20 amounting in vaine deducted from next year's quota. Ra. 180,168, which is the highest At first these imports ware kept recorded for years. The orders. but altogether, but on its being going forward at the present pointed out that it would be moment, however, will represent grossly unfair to turn back goods much larger import figures when ordered before the statement made they fructify.

tu

by Mr. Bungiman in the House of The Indian mills are also bene. Commona in May, the embargo fiting, but only to a much smaller was removed on the condition extent owing to their limited range mentioned. When it is realised of styles as compared with thos that Japanese goods released in which both Lancashire and Japan one week owing to this concession have to offer. The cheapness of konnted in value to

Japanese goods has to a noticeable million rupees, it becomes obvious that the quota for next year will tent raised the standard of taste

Over B

HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 19, 1934.

THE EXCHANGE MARKET

MESSRS, ROZA BROS.

Tuesday, Dec. 18,

LONDON EXCHANGE RATES

On Amsterdam

Athena....

(BRITISH WIRKĖJA ŠIRVĄGLI Sterling Parity Dec. 10.

1.10 Florin - 7.314 ............................... 875 Drachise 520 S.

Dec. 17. 7.30

Belgrade

12.291 1/6 1/18

21.12

Berlin.... Bombay .................. Brussels.... Bucharest Buenos Aires Copenhagen. Geners

A drop of 3/16 was reported in the prices of deliveries of silver in London yesterday. Ready delivery was closed at 241 and forward at 241. China sold as die also India. but the latter as well as specula- | Helsingfor. tive interests purchased at the Hongkong drop. The market closed on the Lisbet steady side with American buying Madrid indications. The price of the me-

Milan ..**** tal in America was 54 cents. Montevideo

Sterling

Montreal New York Oslo -Paris

Prague

Sterling opened in New York at 494 and closed at 493%.

Market

Opened uncertain with indica. tions of "easiness, but subsequently the market re-acted, the tone De- ing steady.

Sterling There were sellers after the opening at 1/8 December. Buyers bidding 1/8 9/16 lending to busi- ness later at 1/8 9/18 for delivery followed by transactions, at 1/8 February 1/8 19/32 Jan- uary and also for cash. Towards 1 pm 1/6 was arranged for cash and 1/8 21/32 was transacted for January. The market closed st

...... 176,816 Dinars

50:43 Marks 12.32

I el per Rupee 1/8 1/32

30 Belgas 21.17 819,588 Lei 4021

47.58d. per Pesc

18.159 Kroner

25.29) Franes 15.28

15 25

183.23 Marks

!

110 Escudos

ཟནབསྟན བད ང བ ས བམས

25.22) Peste 36 7/32 ...... 99.49 Lire 67 29/32

36.18 57.13/16

50.88d, per Penc

39 8.0.

4.587 Dollars

4891

4.881

'4.967 Dollar 4.95

4.931

18.150 Kroner

124.91- Franca 75 1/32 184.95 Kronen '1187

74 29/32

1181

1/43

1/4 9/16

24 7/18 24 9/18

1/3 1/64 241

247

21%

3% 107 11/16

Rio de Janeiro ... 26.933. per Gold Milreis Shanghai

*** Stockholm

18.150 Kmior Vienna

............... 34.56 Schillings Yokohama.. $4.58, per. Yen Silver (spot)". Silver (forward) War Loap

1 p.m. with sellers at 1/8) Decem-| UN LONDON:- ber, 1/8 21/32 January and prob- ably 1/8 11/19 February. Buyers at 1/32 higher respectively.

U.S. Dolars

Business was done during the early part of the morning at 42

for cash and Jan.. later business was arranged at 42 7/18 for near and 421 for January. There were sellers at 42 7/16 December and 42) January. Buyers probably at 42 for cash and 42 9/16 for Jan- uary.

Shanghai Dollars

Business was reported at 124 for near delivery.

Shanghai Market Sterling opened at 1/4 for near- and 1/4 for forward climbing up subsequently to 1/48 and 1/4 3/18 U.S. Dollars were reported at the opening at 33 15/16 for rear and 33 3/18 for forward, stendying tone prevailed later, with the rate at 34 3/16 for near and 33- 5/16 | for forward...

IN THE AFTERNOON The market was arm afternoon.

Sterling

the

The Sterling business was done at 1/8 11/16 for January and cash also 1/8 11/16 second half Jan- uary, 1/8 23/32 March and · 1/80 March. The Market closed with sellers at 1/8 31/32 December, 1/8 11/16 January and 1/8 23/32 Febr- gary. Buyers at 1/8 23/32 Decem~ Ber and probably January and 1/83 February 'and probably March.

US, Dollars

Business was done at 42) for January and 42 9/16 January. The market closed with sellers at 42) December and 42 9/16 January. Buyers probably at 43, 9/16" for cash and 424§ for January.

Shanghai Dollars

Steady sellers were indicated for

Sterling at 1/4 for cash. Buyers probably at 1/4. 11/18. U.S. Dol- lars at 341 for cash sellers. Buyers probably at 341 for near delivery.

H.K. SHAREBROKERS' ASSOCIATION

BUYERS

Banks, $1.625. Bank of "East Asia, $89. Underwriters, $1.15, Unions, $500." Douglases, $39. Shell Transports, 43/ Antamoks, 724 cta. Kallans, 18/... Hotels, $5.

Providents (old), $1,40, ̈ ́ Trams, $20.-. Lights (old), $10.35, Lights (new), `$10.10.-- Electrics, $72, -

Telephones (old), #25, Cements, $2.20 Dairy Farms, $24. Gold Bonds, 99%. Govt, Loan 40%, 70%. Govt, Loan 31% 2%.

SELLERS Antamoks, 74 cta. Gold Rivers. 24 cta. Peak Trams, $113.

SALES Ewos, $8.90. Telephones, $254:

Closing Quotations

December 18, 1974

Telegraphic Transfer... Bank Bilis, on demand Bank Billa 4 months'

sight

OF NEW YORK :—-

Bank Bills, on demand 41) Credits, 60 days' sight,, 43′′

ON BATAVIA 1-

On demand

612

OX PAKIS

Credits, four months'

night

Bank Bills, on demand 638*

1/9

Credits, 4 months' sight 68 †,

US SAIGON:-

121

'B }

ON MANILA (www

bi

On demand

|

:|

US SHANGHAI

On Demand

Ox SINGAPORE:

On demand

Og` Japan:--

On demand ON INDIA:-

144

Telegraphic Transfer... Bank, on demand 12

H. K. STOCK EXCHANGE

On demand

ON Euron qua

On demand .............. 100 SOVEREIGNS, Bank Buying

Nate........

BAR SILVER, per el. i. vores 212

NEW RAILWAY ENTERPRISE

קי

YESTERDAY'S OFFICIAL Big Programmes For

QUOTATIONS

BUYERS

The market opened and · COM- tinued firm throughout the day resulting in a fair volume of business.

The following came in for most attention.—

Lights at $10.40, Hotels at $5.10. Trams at $20.20, Telephones (old) at $251 and Wharves at $109.

HK. Banks, 51,625. Union Insurances, $500, Underwriters, $1.15. Antamoks, 72 cts. Benguet Explorations, 21 cts. Gold Crook, 23 cta. Gold River, 23 cta. Wharves, $108, Hotels, 35:10: Realties, $4.85. HK. Trams $20. Star. Ferrlés, $98. China Ferries, $98, China Lights (old), $10.40. China Lights (new), $10.157: Electrics, $72. Telephones (old); $25.10. Telephones (new), $10,40. Singapore Tractions, 4/3. Canton Ices, 42.85. Constructions,. (new), 78 cts. Gort, 4% Loan 1%- Prem,

SELLERS Peak Trams (old), 312. Sinceres, $82. Wallace Harpers, $73.

- BALES Antamoks, 73 cts.

Gold River, "22/23 ̈ eta. Wharves, $109.

HK. Trams, $20.20, Chim Lights (old), $10.20/10.30. Telephones, $254,

Govt. 4% Loan, 8/81%, Prem.

· 1935 In Britain

Special Air Mail Service)

DOLLAR STEAMSHIP LINES. AMERICAN HAIL LINE

XMAS EXCURSIONS TO THE PHILIPPINES

£12 FIRST CLASS £8 TOURIST CLASS

STEAMER YOUR HOTEL IN MANILA

S.S. PRESIDENT COOLIDGE":

Leaves Hong Kong

Arrives Manila

Leaves Manila

Arrives Hong Kong

Dec. 20-9.00 P.M.

22-Morning 26-Afternoon 28-Morning

S.S. "PRESIDENT JACKSON"

Leaves Hong Kong Arrives Manila Leaves Manila Arrives Hong Kong

CONSIGNEE NOTICES “-

NOTICE TO CONSIGNÉES,

OCEAN STEAM SHIP CU, ETI?..

AND

CHINA MUTUAL STRAM NAVIGATION CO., LTD.

CONSIGNEES par Co.'s Youso!

*ELPENUR

London, Nov. 27. Building and construction sche-O mes to be undertaken by the Bry-

FROM NEW YORK TIA MANILA tish railway companies during

are hereby notified that their Cargo 1935 are likely to be more exten-will be discharged into Holt's sive than any carried out since the beginning of the "slump."

More men will be employed, it is expected, and more money spent under

the forthcoming annual programme than during any of the past four years.

The, London, Midland and Scot- tish Railway Company's program- me involves the construction of 10,883 new passenger and goods vehicles, most of which wi'l be built at Wolverton and Derby Orders for 1.950 of these vehicles have been placed already with British firms.

"In the wagon building program me there are 5,000 covered wagons of twelve tons capacity. More than 3,000 wagons will be special- ly fitted for us on express goods frains to speed up freight tervi-

cea.

H

The passenger vehicle building plan provides for, vestibule, corri-

Wharf, Kowloon, where it will lie at Consigned risk and subject to Torm aid Conditions of Storage at Holt' Wharf. The Carge will be ready for Delivery from Godown on and after 14th December.

Optional Cargo will not be landed hete amless Notice has been given prior to Steamer's arrival, but carried on from port to port to the final port of cell to which the option extende

All brakes, chafed and damaged Goods are to be left in the Godowas, where they will be axamined on any Tudkyn and Fridays between the hours of 10.48 A., and Noos within the Free Storage periol.

No Claims will be admitted after the Goods have left the Steamer's Godew, and all Goods remaining undelivered after the 22nd December, will be subject to Bent

All Claims against the t Steamer must be presented to the Undersigned on cr before the 5th January, 1985, or they will not be recognised,

No Fire Insurance will be affected.... BUTTERFIELD. & SWIRE, -

dor and restaurant cars, luggage 14th December, 1934. and parcel vans. The company have already announced that 117 new locomotives are to he built this- year as renewals.

Heavier Traffic Likely

約

The boards of the LANE, South- ern, and G.W. companies are con- aldering the general outlines of their construction prograzemes for 1935.

All three companies dealt with considerably increased trafic last BERLIN BOURSE summer, and the reports of the

various departments, It is under- stood, allow for still further in-

[Special to the "Hong Kong Daily crease.

Prema" (Copyright).3

Berlin, Dec. 17: Monday's sharemarket was ex- ceedingly dull, business. was al most at a stand, stul, prices drop ping all round. The same" sing gishness was evidenced in the axed interest securities and standard fnvestments - were unquoted be cause the stock offered found no takers. The Gold and Mortgage Bonde turnover were almost – now minat

[8079

NORDDEUTSCHER · LLWYD, BREMEN.

THE Steamer

Wharf and Godown Co. Ltd. Kowloon,

* SAARBRUECKEN": having arrived from BREMEN, HAM. BUBG and Porta, Consignes of cargo are hereby palified that their cargo in being landed at their rink into the Go- downs of the Hong Kong and Kowloon

whare Delivery osa ke obisineći

Consignees are further notified that the Steamer, BAARBEUEUKEN The London and North-Easter taken HAMBURG and BREMEN

through cargo, for HONG KONG Company's programme

8.8. "Jo from OSLO. the renewal of 435 miles of per-All Goods remaining indollyand her manent way involving the use of the 23rd December 1984, will be abject between 30.000, and 10,000 Lotus of Tire Inverse will be effected by

No steel rälla Repainting or 3,370 stations is also to be carried on and 26 railway bridges are to be re- placed. The replacement of an other 377 bridges is under con- sideration.

includes

!

17

Dec. 29—8,00 P.M. 81-Morning Jan. 2-Afternoon

4-Morning

CONSIGNEE NOITCES.

NOTICE TO CONSIGNEES

OCEAN„STEAM SHIP CO., LTD

AND CHINA MUTUAL "STEAM

· NAVIGATION CO., LTD.

CONSIGNERS per Co.'s Vessel

"HELENUS?

Fick UNITED KINGDOM VIA SINGAPORE.

are hereby notified that their cargo will be discharged into Holt's Wharf Kowloon, where it will lie at Consig uses risk and subject to terms and conditions of storage at Holt's Wharf. The Cargo will be ready for delivery from Godown on and after 18th Dec.

-Optional cargo will not be landed here, unless notice has been given- prior to steamer's arrival bat carried on from port to port to the final port of call to which the option extends.

All broken. chafed, and dainaged goods are to be left in the Godown, where they will be examined on any Tuesdays and Fridays between the hours of 10,45 Am. and Noox withia the free storage period.

No claims will be admitted after the Goods have left the steamer' Godown, and all Goods remaining undelivered after the 24th Dec, wil be cubject to rent.

All Claims against the Steamer must be presented the undersigned on or before the 7th Jan, 135, or they will not be recognised.

No Fire Insurance will be effected BUTTERFIELD & SWIRE,

P-Agenie 18th December, 1934.

(3087

SERVICES CONTRACTUELS DES

· MESSAGERIES MARITIMES.

CONSIGNEM NOTION

SB. "ANDBE LEBON.

ARRIVED. HONG KONG or SUNDAY, THE 16È DEO., 1934..

From MARSEILLES, &«

GIONEER of Cargo by the soove-uaired Bleamer ses hereby informed that theizy Gooday with the exception of Oplam, Trend: Valy=-

Able are being landed and played at their rar in the Gödowns of the Hong Kong and Kowloon Wharf and Godown be obtained with Goods are funded Ows Linda Kowloon, hence Delivery can in any ones whatever,

Goods not cleared within 7 dava Damaged Packages must be left in the ending date of arrival will be subject to Godown for kinomantico by iks Con: Rest

races and the Company a Burneyoor, | All Ülaims manah ha sent to the Under

$10 Kesars. Anderson Andro

fednesday, 26th Dec, on the find December, 188.

1934, Consignees must have y Oser in stimdance, when dutiable goods are Company kin

The Southern Raliway Company amongst the native consumers,

will be chiefly occupied with the be a greatly reduced one.

Aspecially the women. The Japan- evidence everywhere, and this will

Call Money 4 to 4. Young Loan extension and perfection of their Curiously enough, the Lancashire se strove to capture the market tell heavily in favour of Lancashire article has received useful" publi- not merely by low prices but by and against the Indian millrose to 961, Reichsbank improved electrified services. The exten- city from the controversy over introducing as much variety B

The talk of boycott of British to 1441. Dyetrusts declined to ions to Lewes, Seaford, East Good the quote, because of the emphasis possible, tempting buyers by new textiles, has entirely sobrided, 1301, Balzdetforth Potash advan-bourne, and Hastings will be com laid on its superior quality, and attractive articles of west, may be gathered from a figures ced a 2 to 1438, German Steel pleted in

etman The Creat ster Company When the cry as raised that the In consequence, whereas the clothes giren. There is a committee somer Trusts unchanged at 391,

to 991, Blem- at pres poor man was being penalised for worn by Beth Binhalene and Tamil where which is supposed to be Mineral Ollg the benefit of Lancashire by women up to a few years agɔ were carrying on the boycott, but noth sens having to pay high prices for restricted to mah range ofing is heard of its activities, and articles of apparel, the contention patterns and colour deans their effect, if they exist, is angli nut forward on the other side was great variety of styles in now in gible.

Layon

chiefly with their 1351 rebuilding. The, £1000.000 scheme for Com the reconstruction of Temp

carried out.

moned before ar

the Godown for womenination by: the

Rour.Bong, 18ti Di