1935-01-21 — Page 13

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in Connection with All the Trans-Pacific and

Trans Atlantic Conference Lines at Special Reduced Ratas.

'COSULICH" LINES issuing through tickets to North, Central

Agents for the “ITALIA” and

and South America,

... ria Italy..

For fall particulars apply to

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Hong Kong Weekly Press

&

CHINA OVERLAND TRADE REPORT

N

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THE HONG KONG DAILY PRESS, LTD.,

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DEAR, SIRS,

PLEASE SEND THE HONG KONG

WEEKLY PRESS FROM......

TO........................................ADDRESSED AS FOLLOWS:

PASSENGERS

S.S. Pres. McKinley

TREASURY BILLS

London, Jan. 18.

HONG KONG DAILY PRESS, MONDAY, JANUARY 21, 1935.

THE EXCHANGE

MARKET

MESSRS, ROZA BROS.

LONDON EXCHANGE RATES

Ox Amsterdam

Siver prices were lower yaster-Athens. day to the extent or 1/16 for Belgrade Ready and Forward, the quotations Berlin being 24 9/16 for Ready and 24 Bombay 11/16 for Forward. Aftver advices | Brusela reported India as having sold arid America "and spéculators bought. The market was steady, Silver prices in America was - 1/4 to 541.

11

Bucharest. Buenos Aires ............... Copenhagen

up Geneva.

Helsingfor Hongkong

The New York/London cross- rate opened and closed at 4.88.

Market

Lisbon ..... Madrid Milan

Quiet. Steady during the early Montevideo part of the morning but later

Montreal

eased. off slightly. Towards the New York

close; however, the market again” on the steady side.

Sterling

Was

Oslo

Paria Prague

(BRITISH WIRELESS BREVICE”),

Sterling Parity Jan 17

12.10 Florna- .7.241 378 Drachane 176,316 Dinars 90.43 Marki ...... 6d. per Rupee

Jan. In 7.241.

·514 8.

12.21

12.18

Belgar 20.99

20.94

................................... 813,568 Lei 47.58d. por Pic 19.159 Kroner $5,29) Friacs

15.144

15 101

199,99 Marks

1/9 7/16.

1/91

........... 110 Escudos »

25.99) Pesatas 09:46 Eira

5712

571

35 25/32

50,884 per Peso

4.867 Dollars

4.87€

4.874

4.867 Dollars

4.877

4.881

18.150 Kroner

194.51 Francs 74.9/32

74, 5/32

184.25 Kronen. 26.93d. per Gold

117.

Kilreia

I/SI

18.150 Kronor

34.5e Schillinge

24.58d. per Ten

24+

248

24 9/16 24. 11/18

21% 31% 109!

Opened with bayers at 1/9 for Rio de Janeiro January/February and probably

March, sellers, offering 1/2 5/18. Shanghai The latter rate was subsequently Stockholm accepted for near delivery, finish- Vienna ing with sellers at 1/9 5/16 Jan-Yokohama ...... uary/March, buyers bidding 1/16 Silver (po) higher.

Silver (forward) War Loan

U.S. Polları Opened with sellers at 43#, buy- ers bidding 43 7/16. Later busi- ›ness was done at 431 for cash and February and also second half of February. A small transaction was also arranged at 43 5/16 for cash. Towards the close sellers came out! again at 43 and business, was done for February delivery, finish- ing with sellers at 43 5/18 for cash and 43 February/March, buyers' probably at 431 for cash and 43 7/18 February/March.

Shanghai Dollars Sellers were quoted at 124 3/16 for near, buyers at 1244 for cash. Shanghai Market

Steady. Sellers were indicated for cash at 1/5 3/16 and 1/4 15/16 for forward, buyers at 1/16 high- er. US. Dollars, Sellers at 34 15/16 for cash and 34. 5/16 for forward, buyers at 35 for near and 344 for forward,

THE SHARE MARKET

January 19th..

Mr. G. A. Harriman's weekly share, report and market review fasued at noon states:-

We

·

were

Closing Quotations

January 15, Iwas

UN LONDON :—

Telegraphic Transfer... Bank Billa, on demand 4,9 Bank Bills, 4 'month'

sight

O NEW YORK :—.

Bank Billa, on demand 428 Credita, 60 dayu' sight. 41° ON BATAVIA

On demand 63 ON PAXIS:-

་

Bank Bills, on demand 84"}

jef

Credits, four months”

sight

1,03

OF SHANGHAI 1–

Credits, 4 months' night 687] SAIGON

On Demand

193

On demand

814

ON SINGAPORE 2.

ON MANILA:-

On demand

741

On 'demand

ON JAPAN:-

ON BANGKOK :----

On demand

180

On demand

101

O

India

SOVEREIGNS," Bank Baying

Telegraphic Transfer... Bank, on demand

1187

Rate

J/DI

H. K. STOCK EXCHANGE

SATURDAY'S OFFICIAL

QUOTATIONS

Buyers

H. K. Banks, "$1550. Underwriters, $1.20.

H. K. Fires, $228 Wharves, $112.

Business was on a smal scale during the morning with prices experienced another quiet perhaps a trifle steadier. Row market during the week under loon Wharves came to business review with prices ruling very at $1124 finishing with unsatisfied much easier, and trading was enquiries at $112 China Lights rather slow. The feature of the though on offer at $10 for April week was the sharp drop in Hang delivery are unobtainable at this Kong Electries which declined rate for cashe from $72 to $70 sellers. Hong Kong Lands again receded The total amount applied for little with busiriess done. at The list of passengers from in tenders for £25,000,000 Trea- $514/4 Telephones (old) Hong Kong to Seattle and Victoria sury bills was £82,625,000. The steady at around $25) and Hong via ports on as "President Mc-maximum amount was allotted in Kong Trams at around $20.40.- Kinley which sailed on January bills at three months. The aver-Wharves, however, appreciated to 19th, included:-

age rate per cent. was 5/4.556, as a buying rate of $112. In the Miss M. K. Mockner, Mr. J. E compared with 6/1.7d. a week Sterling section, Hong Kong Banks Perkins, Mr. O. F. Bartz, Mrs. F. S. Souza, Master Howard Warren, Mrs. M. H. Lam, Mr. S. Jeidelkin, Miss C. B. McMahon Master D. Smith, Master L. Smith, Mr. C. C. Gadow, Captain T. M. Shock, Mr. M. A. Zimmerman, Mr. H. M. Tlenfenbacher, Miss Maria Bouza Mrs. L. H. Warren, Dr. J. M. Henry, Mr. J. Watumull Rev. Q. H. Smith, Mrs. G. H. Smith.

The

S.S."President Hayes

Hist of passengers from Hong Kong to New York and Mar- seilles and Round-The-World on 68. "President Hayes' which sailed on Saturday, included:~~~

ago.--

British Wirelen.

REFUGEE PROBLEM

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

Geneva, Jan, 18. The League Council decided on Friday at the request of France to the Put the Bear emigrants on agenda of the next publié sitting The French memorandum dealing with this matter was handed in to the League of Nations Becretz- Dr. 6. H Brown; Mr. and Mrs. riat on Friday and insists (in ac- Earl H. Ebert, Lady Elizabeth cordance to repeated statements other Davis, Mr. Pierre Guillaume, Mas- made by M. Laval and ter Jean Guillaume, Miss Stella French spokesmen within recent Wightman, Mr. Kang Dohrn, Mr. | days) that in the event of the Saar J. Morton Dr. H. V. Hospli, Mr. T. | emigration assuming greater pro- Ben Aul, Mrs. M. E. M. Bayne, Mra. portions, it will devolve upon the Renee Guillaume, Miss Christiane shoulders of the League to at least Guillaume, Mr. Earl H. Ebert In, | accept part responsibility Mr. H. E. Von Bandat.

MINORITIES QUESTION"

INDIFFERENCE

League Council Meeting Difficulties

Geneva Jan 19- Poland's attitude on the minori-

their care. Transocean Kuo Min.

fof

MAX BRAUN BRIDLED

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

Paris, Jan 18 Although Max Braun, leader" "of" the abortive status quo movement in the Saar, has been in Geneva for the last 24 hours, he received

tles question was apparently un-intimation from the French Gov altered when the subject came up yesterday at the League of Nations Council meeting.

The Polish delegate left the room and returned only when the next item was reached =

Both the Italo-Abyss Iraq-Peralan trozt

the

are encountering dia

to the Italians in the

and the Persians in the

Reuter

ernment on Friday forbidding him to speak at the anti-Fascista meet- ing arranged to take place in Pari on Friday evening. It is und stood that the Ministry consider this action-

and order to paciy, a lar

Paris opinion, wh "newspaper

Baar

changed hands at the reduced rate of $1,570 and Unions eased off with shares offering at $495. Minor issues were generally easier Hotels eased to $5 and Lights to $10.00. Cements opened with sales at $2.05 closing in demand at $1.95. Realties had sellers at 35:19 and Providenta (old) at 31.48, The demand for Philippine Mining shares still continued with Anta- mokę dope at rising rates from 89 cts. to $1.00. came to business, at/). 37/38} \etz: and Gold Rivers at 23/24 cts. The tone of the markes at the close is very quiet.

Business during the week has

done at been

the following prices:-

Hong Kong Banka, $1.570/1,600 Union Insurances, $495/500 Hong Kong Fires: $230

Raubs, -89.20/9.25

Wharves #1114"

Baguio Gold

HK. & W. Docks, $11):

Providents (old), $1.40

Hong Kong Lands, $513/513-

Hotels, 35.10

Humphreys, 501

HK. Lands 4% Debentures, $101 Hong Kong Trams, $20.45/20.50 China Lights, $10.20/10.30 Electrics, $71/73,40 12 Telephones (old) $25.35 Cements, $1.90/2.05 Daizy Forms, $247. Antamoks, 89 ctx / $1.00 - Gold Rivers, 234/24 cts. Bagula Gold, 27/384 cts,

RUBBER SHARE QUOTATIONS

ceived the following t

aturday

Pajama uyers at 11T Glenealys buyers of 14.10

Share

Hotels, $5.

BAR BILVES, per of **** 249/18

BERLIN BOURSE

PRESIDENT LINER TRAVEL SERVICE

Friendly and Complete

One hears a lot of talk about Service, for folk is mighty cheap. But cik anyone who has traveled on President Liners and You'll find that on shore, away from home, as well as on shipboard, President Liner thoroughgoing, friendly service covers everything Go next time on President Linera

To SAU FRANCISCO 18 Days To VICTORIL, SEATTLE (7 Days

via Shanghai, Fobe, Yokohama, Honolulu

Fortnightly sailings Pres. Hoover ... Jan. 28, 4 a.10. Pres, Pierce Feb 15,8 KM. Pres. Coolidge... Fab. 23. Noon Pres. Wilson Mar 13,6 m. Pres, Hoover Mar. 23, Noon

EUROPE, NEW YORK

Inquire for round-trip 'tinkets to Europa " En connontion with Lloyd Tristina

Via Manila, Singapore, Pabang, Colombo Bombay, Buer Canal Alexandria, Naples, Ganos,

Pres. Johnson... Feb. 2,8 m. Pres. Monroe... Feb. 16, 8 s. Pres. Van Buren, Mar. 9, 8 am. Free, Garfield.Mar. 6,9 m. Pros Polk

Mar. 30,8 km.

via Shanghai, Kobe. Yokobama

Fortnightly sailing

Prea. Grant Feb. 2, 8. Prea Jefferson. Feb 16, a Pres: Jackson. Mar: 9, 6 am “ Pres. McKinley, Mar. 16,6 am, Fres. Graut..

Mar. 50, 6 a.m.

MANILA

THE MOST FREQUENT SERVICE

Next Ballings

Pres. Grant ...Jan, 26, 6p.m. Pres. Johnson....Feb. 1, 8 am” Pres. Pierce ..... Feb. 5, 6 pm. Pres. Jefferson Feb. 9,6 pp. Pres. Coolidge, Feb. 14,9 p.m.

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PADRAZ BUILDING, BUNG KONG,

GANTIN KRANOK :—4, SHAXXX IGAD.

PAPER AND PULP CONSIGNEE NOTICES.

Canadian Industry Faces A Crisis

HAMBURG-AMERIKA LINIE.

NOTICE TO CONSIGNEES.

having

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

"Berlin, Jan, 19. Operators played for safety st the week-end, prodt-taking being Japan exports twenty million general on the share market where yen worth of paper a year, and

BURGENLAND" * price sag would have occured Imports some, four million yen

to on-amburg a had it not been for a quantity of worth Imports of pulp are forty Ports of call, Consigneee of Cargo are new buying orders that steadied millions, but the greater part of hereby notified that their Good

being landed and placed at their rink the market.

that is silk pulp. All is not quite into the Hong Kong and Kowloon Whasi Fixed interest securities continu-happy in the pulp paper trade, and Glodows Company's : godowns, at- ed very firm. Call money 3 per however. in Canada, the biggest Kowloon, Ears delivery may cent. During the whole week, the producer of pulp, the newsprinttalund se sove as the Goods are lander. share of the fixed interest security industry is engaged in äghting the Optional Cargo will not be landed here, une Notice has been given 45 markets were dominated by the biggest battle of its chequered hours prior to vessel's arrival, bas carried historical events in the Saar. The

career, a veritable fight for exis-on from port to port to the final port of announcement of Tuesday's sweep-

tence in fact. It is endeavouring call to which the option extends, int

· No Clüims will be admitted after the ing victory for the re-incorporation"

to secure a higher price for its of the Saar sent prices soaring, product on its 1935 contracts, as Goods have left the Godowns, and sp many touching record. levels. An-compensation for the fricreased 26th January, 1935, will be subject to Goode remaining undelivered after the

other spurt

operating costs thrust on the m-

Raut Thursday when the hitch over fix-dustry as a whole. Without this increase it is doubtful if a single mill can pay operating costs. The United States market is the prin- cipal outlet for Canadian news. print. For the past year the price to the domestic producere has been

occurred late

до

B. K. Land 4% Debentures: 101. ing the date of the Sear's return to HK Trams, $20.40..

Electrics, $683.*** Cements, $1.973.

Constructions (new), 50 cts. Govt. 4% Loan, 84% Prem, Govt. 34% Loan, 4% Prem.

Sellers

Peak Trams (ald), $9. Telephones (old), $251, Watsons, $5,

Constructions (old), $1.85. Constructions (new)-55 cts.

Balen

H. K. Banks, $1585, Union Insurances, $4621. China Fires, $490

Raube, $9.10

Hotels, 35

H. K. Trama $20:40.

Electrics, $69,80/704; Telephones (old), $25/25.30.

IMPORTS-PRICES CURRENT

Cotton Piece-Goods and Fancy"

Cotton Goods

the Reich was smoothed out. Prices surged up again on Friday when the League of Nations de finitely fixed March 1 as the date for the Baar's return. Consequent

REICHSMARK QUOTATIONS.

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

substantially,

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on 1011 January, 18-6, at 10 sm by our Bazreyors, Moara. Goddard & Douglas, To coraply with the General Honded Warthouse Regulations, consigases mart have a Revenue Officer in attendance ly the most important shares clog $40 a ton, regarded at the time it when damaged dutiable goods are ed higher than at the beginning of was established as the year most All chims must reach us before the week, while all axed interestum. But during the year cost the 19th February, 1985, or they will

have Increased securities are Armer. The week.

not be recognised. ended quietly but, the market mainly labour, and the old rate no Someone will be allested.

longer suffices. The industry itself - Bill of Lading will be countersigned by shows no tendency to brenk-

had worked on a plan of pooling

JEBSEN & 00, contracts in order to prevent the Horu Kong, 19th Jan, 1985. --

Agents

|[8185 ruinous price cutting that has been the bane of the industry in the past. Fair headway was being made, when one unit reported that - it had taken a 30.000 ton contract from two United States publishers, on condition that the rate should be maintained by the company throughout 1935. This action seemed to jeopardise, the industry's "YTON- pects of obtaining a price boost, and Fremder Taschereau, of Quebec, has threatened to appeal to the Federal Government for bargo on the export of newsprint when sold at under costs. But the situation is being treated in diferent me the time being, with all parties seeking to erect a conciliation.

Berlin, January 19. Reichsmark quotations without guarantee:

Newyork Paris

Amsterdam

Paris (Sterling) Dollar Fransocean Kuo Min.

40.06 808.17) 39.37 74.13 15.164.

SINGAPORE RAW RUBBER

Megar HB, Joseph & Ca The following reports have been received the following Straits Cur- Messrs. H. B. Josepa & Co, have

The market is practically, at a standstill due to the clone approach of the Chinese New Year festival. and clearances are down to mini- mum

The latest Cotton prices to hand are those of the 17th

Ameriena: Middlin'

Am

Midling Jan

Am Midaling-May

rency quotations from Singapore for Raw Rubber,

Spot

April/June

July/Sept

Market:

The labed

7.134

and

6.830

6.804

Egypt, Sakel, FGF “Spot”: 9.01d-

Woollens

and

EXPORTS OF DUTCH RUBBER

for

NOTICE TO CONSIGNEES.

"OCEAN STEAMSHIP DO, ITU

OHINA MUTUAL STEAM NAVIGATION CO., LTD.

MENEST UNITEN

TV SINGAPOR

will be drobarged into

re hereby notified that

Kowloon, where it will

Condit

The SETOREN

21 unchanged 231 unchanged 25 unchanged

prior to

Batavia, Jan.

Com from

prices are, pub-.

ofest

cent

July

10,331