1935-02-02 — Page 17

NORD LLOYD

CORROMAN

HAMBURG AMERIKA LINIE NORDDEUTSCHER LLOYD

"NBURG

·

!!

Far Eastern Mail Passenger and Freight Service

Through bookings to America via Europe and Europe via America. Bookings around the world, Through bookings to London.

OUTWARD SAILINGS

*(HAL) &" BOCHUM”

...for 'hai.. Moji. Kobe, Osaka, Thams., Dairen, Tsingtau.

....for S'hai., Duiren, Tsingiau,"

T'hama,, Kobe

†(NDL) 9.8. "COBLENZ"-

+(HAL) v. KULMERLAND"

HONG KONG DAILY PRESS, SATURDAY, FEBRUARY 2, 1935,

THE EXCHANGE

both

MARKET

MESSRS. ROZA BROS.

LONDON EXCHANGE RATES

Silver prices were again lower yesterday to the extent of 1/8 for Athens ..............

Amsterdam deliveries, the quotations Belgrade .............. being 24 7/16 for Ready and 24 Berlin 9/18 for Forward. Silver, advices reported India as having sold. Brassis Bombay The American Government. as Bucharest Indicated as having bought freely Buenos Aires while American speculators also bought The tone was steady. In America the rate was lower at 541 for Spot.

12.21

BRITISH WILLIE" SERVICH.

Sterling Parity,

Jan, 30."

375 Drachmane 518 S. 12.10 Florina 7.241

20.43 Marks 176,316 Dinari 216

is. 6d. per Rupee

Jan 31

7.243

at the close

Copenhagen Geneva......

................... 813,568 Lei 47.58d. per Penc 18169 Kroner

Belgse 21.01

4871" H

12.20 176 3/18 21.00

cross-

Helsingfors Hongkong Lisbon .... Madrid

25.294 Franca 198.23 Marks

15.15

15.154

1/91

110 Escudos 25.22 Pesothe

"Milan

Montevideo

Montreal

lat Mar.

Sterling Business was done during the course of the morning at 1/8 Paris for April delivery. The market Prague

New York

Oslo

92.18 Lira 50.88d. per Peso 4.867 DollarS 4.807 Dollsm 18.159 Kroner 194.91 Franca 164.25 Kronen

71

397 6.0.

4.87€ 4,871

74: 11/32 1174

74 9/32

117#

2nd Feb.

..10th Feb.

The New York/London rate was quoted at 4.87.

Market

for Shanghai, Tak Dairen, Kobe, Onka, Yokohama, Nagoya ****

***** 15th Feb, *(NDL) m.8. "SAALE"...... for S'hai, Taku Bar, Dairen,

Tsingtan, Yokohama, Kobe... 22nd Feb. *(HAL) 9.5. “PREUSSEN"... for Shanghai, Kobe. "Osaka, Yokohama, Moji, Taku, Dairen, Taingta...

HOMEWARD SAILINGS

*(NDL) 9.8; "DONAU *. ................. for Genos, Marseilles,

Oran, A'dam.. R'dam, H'barg.. Bremen.........

3rd Feb. *(HAL) 8.8, "KARNAK....for Genoa, Mles, Awerp..

R'dam, Hamburg... 4th Feb. +(NDL) m... "FULDA" ****** for Genoa, Barcelona, Lisbon,

A'dam, B'dam R'barg., Bremen

(NDL) .s." HAVEL"

for Marseilles, Harre, R'dam..

Hamburg, Bremen....

6th Feb,

15th Feb.

+ (HAL) m.v."! BURGENLAND”

16th Feb,

for Genoa, R'dam.", H'burg.

+ Passenger Voatel Limited Passenger Accommodation, ^

N.D.L. HONGKONG/SOUTH SEA ISLANDS SERVICE. 8.3. "FRIDERUN 6th February, to. MADANG, 'SALAMAUA, RABAUL and porte.

For farther particular and passage fares, etc, apply to:- HAMBURG AMERIKA LINIENORDDEUTSCHER LLOYD JEBSEN & CO., AGsxrs, MELCHERS & CO., 'AGENTS,

Queen's Building, Tel. 26378.

12, Fedder Street, Tel. 28363.

You

CANTON AGENTS : CARLOWITZ & CO., Shakee Road,

Best Read

JEBBEN & CO, Sharon. B. C

Chinese Newspaper

If you have a House to Let, or Rooms to Let; if you want a Situation, Want to Buy, Sell or Exchange Articles, need Assistants, House Rooms; if you have lost anything; try "Want Add," in the

or

a

A

South China Daily News -

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

·Telephone: 25612 &-28284.

H. K.-STOCK EXCHANGE

WEEKLY REPORT

Hong Kong,

The week on

the whole has been dull and the volume of bugi- pess transacted must have been on the small side. The advent of the Chinese New Year Settlement has not had any adverse effect on the market, there having been a noticeable absence of any sel- ling pressure, most prices only moving within narrow limits and at the close the differences be tween rates at the beginning of the week and to-day are neglig ible. The only exceptions to this are HK Banks marked down, to sellers at "$1540, buyers only offering $1520, and Unions buyers at $485 after business done $490, but should the weakness in Exchange continue these stocks will regain lost ground.

« BUSINESS. DONE" DURING

THE WEEK

H. K. Banks, $1550,000 Union "Insurances, $490. Hotels, $5.05, $5.10, $5

Lands $501-

Tramways, $201 $20,40, Star Ferries, 5991

China Lights, $10.

Electrics, $701, $703, 671,

Telephones (old), $25.20 $251. Cements, $1.94 $2.

at

Raubs, $84.

Cable Address

Swenonis;"

Baguio Gold, 37 cts. 39 cta. Gold Rivers, 224 cts. Govt 31%, 3%: Prem. CHANGES. (3.15 p.m.) CLOSING QUOTATIONS

Buyera

H. K. Banka, $1520.

H. K. Lands, $50.

China Lights, $10.05. Cements, $2.974.

Sellers

Govt. 34% Loan, 4% Prem

Sales

Govt. 31% Loan, 3% Prem.

Dull, the undertone was not ro- bust.

Milrein

closed at lunch time with sellers Rio de Janeiro ...... 20.d. per Gold at 1/8 7/18 February/April and probably 1/9 May, buyers at 1/94 | Shanghai February/Aprli and 1/9 9/18 May. Stockholm

Vienus..........

for

U.S. Dollars

Business was done at 43 9/16 Yokohama ......

Dear delivery, There Were Silver (spot)...... sellers at 43 9/16 February/April, Silver (forward) buyers

at 43 February/March War Loan and 43 11/16 April

Shanghai Dollars

Sellers were quoted at 122 for

neer delivery.

Shanghai Market ·

Early advices" indicated the UN LONDON: market as being uncertain with sellers at 1/5 for nest and 1/4 forward. Later advices indicated the tone as being a shade steadier with sellers at 1/5 9/16 for Spot and 1/4 15/18 for forward. US. Dollars opened with sellers at 851 for near and 34) forward. Indi- cations received, towards the close: indicated the market as being steady with sellers at 351 for near and 34 for forward.

IN THE AFTERNOON The market was easter in the afternoon.

Sterling.

Business was done at 1/9 7/18 for. February, March, April and May, finishing with sellers at 1/31 February/May and 1/9 7/16 June, buyers at 1/9 7/18 February/May and 1/9 June.

U.S. Dollars

Business was done at 431 for March and second half March, finishing with sellers at 43 7/16 February/April, buyers at 434 February/April.

H. K. SHAREBROKERS' ASSOCIATION

BUYERS Bank of East Asia, $90: Underwriters. $1.25. Unions, $480.

China, Fires, $460. Douglasca, $30. Antamoks, 81 cts, xd. er. Antamoks Rights; 7 cts. Baguio Gold, 37 cts. Gold Rivers, 20 cts. Lands," $50. Realtys, $4.65, Wharves, $113. Providenta (old); $1.25. Providents (new), 10 cts, Peak Trams (old), $8. Lights, $10.

Electrics, $704. Telephones (old), $254, Cementa, $2. Dairy Farms, 3234. Constructions (old), $14. Constructions (new), 50 cts. Nanyangs, $4.55.

HK. Wing On, $103. Watsons, $130.

Govt, Loan 4%, 6%. ex. div.

SELLERS Gold Rivers, 21 cts.

Hotels" $5.10.

Lands, $50.

Ferries, $994

SALES

Shanghai Wing On, $90.

:

ON SHANGHAI ! --

18.150 Kranor

34.66) Schillings

$4.56d. per Yea

ཡབ་བཅས ནན

*... *i%

24 9/16

24 11/16

.31% 1081

Closing Quotations

February 1, 135

1.ON NEW YOLI 2-mm)

57 7/16

391.8.0. 4.874 4.87 3/16

1/51

24/16 24 9/18 3% 1084

Bask Billa, on demand.

Telegraphic Transfer...

Credita, 30 days' wight...4

Bank Hills, on demand Bank Billa, 4 months'

sight

ON BATAVIA :-

On demand.....

60+

1/9)

ON PA-

Credita, four months"

sight

EL

Bank Bills, en demand 853

1/9]

Credits, 4 months' sight & 5

ON SAIGON:-

重

On demand.............

h

OR MANILA

On demand JAPAN:-

74

On demand

B!

ON BANGKOR:~~.

On demand 154 ON INDIA:

On demand

On Demand

ON SINGAPORE:--

O

Talegraphic Transfer...

Bank, on demand ......118

:

Soversigns, BankTM Buying

Hate

1/92

BAR SILVER, par ca 24-7/16

FAR EAST POOLING

The following is an extract from the Pacific Shipper, San Francisco, December 17:

Eight Steamship Lines engaged in the so-called "Southern Route" of the North Atlantic Far East trade, are parties to an agreement for pooling of freight revenues and Imitation of sailings which was approved by the Shipping Board Bureau of the Department of Com- merce last Wednesday, effective as of January 1,

This development, which was forecast exclusively in the Pacific Shipper (December 10, et ante), gives promise of being one of the most momentous undertakings in the recent history of American. shipping. Not only is it a very long step toward rehabilitation of the North Atlantic-Oriental trade, with very direct implications"upon the California-Oriental route, but It also contains the seeds of a 'Is- reaching controversy over foreign, domination of shipping, from Am- erican ports. It is the first def- inite move in the "rationalization of the Oriental trade that has been under discussion for more than two years.

~~~~~~~Dollar-Line-Not Included:

Line, Blue Funnel Line, and Kerr Steamship Company (Silver Line).

One immediate result of the, pooling plan was that the Ameri- can Manchurian

PRESIDENT LINERS

are

13

LUXURY LINERS

with Superior Accommodations at Low Fares

» All President Liner staterooms are outside, large and airy with hot and cold running water. And the majority of the cabins are equipped with bath or shower, available at only slight up- plementary charge... Another example of the fact that you may travel in splendid luxury on President Liners, at ɑsion- ishingly little cost. Investigate before you plan your next trip.

Fortnightly sailings

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

Yokohama Fortnightly sailing Pree. Grant...Feb. 9, 1 ; Pres. Jefferson. Feb. 18,5 Pres Jackson Mar. 2, 6a.. Pres. McKinley, Mar. 16,8am. Pres. Grant...

Mar. 50, 6, 59,

Pres. Fierce Feb. 13, 8. Pros. Coolidge... Feb. 23. Noon Prem. Wilson...far. 13, 6 a.m. Fres, Hoover... Mar. 20, Noon Pres. Lincolni..Apr. 9, M'night

EUROPE, NEW YORK

Inquire for round-trip tickets to Buropa,, in connection with Lloyd. Eristian. Via Manila, Singapore, Penang, Colombo Bombay, Buss Canal Alexandria, Naples, Ganca, Marsailles.

Pres, Johnson... Feb. 28 a.m. Fres. Monroe.... Feb. 16, 8 a.. Pres. Van Bureb.Mar. 2, 8 a.m. Pros. Garfield Mar. 16,9 m. Pros. Folk... Mar. 30, 8am.

MANILA

THE MOST FREQUENT SERVICE

Next Sailings Pres. Johnson.....Feb. 9, 8 Pres. Pierce......Feb 5, 6 pm. Pres. Jefferson.... Feb. 9,6 p.m. Pres. Coolidge..., Feb. 14, 9 pm.. Pres. Monroe.: Feb. 16, 8 a.m.

DOLLAR STEAMSHIP LINES AMERICAN MAIL-LINE

PEDDER BUILDING-HONG KONG,

CANTON BRANCH --, 8BAKRE KOAD,

BERLIN BOURSE CONSIGNEE NOTICES.

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

Berlin, Jan. 31. The sharemarket opened slug- gish owing to the disappointment and Isthmian about the lack of dividend of a lines joined the North Atlantic great engineering firm and the Far East Conference last Thursday.inclination of operators to take The former, which has been eng-profits accrued from the upward aging in the California Far East movement in the last few days. trade at non-conference rates, is Towards the close the market be- now required to associate itself

came friendiler. Fixed interest with the Pacific Westbound Con- securities were also dull, the turn- over was small and price, changes Ierence. This wil leave only one California-Orient carrier offering

were narrOW. Call 'Money was cut rates the Maersk Line, which quoted at 34- may be expected to come under Transocean Kuo «Mia. heavy attack through the contract rate system.

Talk is already being heard about another pool in the "North- ern Route," from the Atlantic to

· Japan, in which Japanese lines will

REICHSMARK QUOTA- TIONS

be the majority factor, and of still (Special to the "Hong Kong Dally

another in the homeward trade over the "Southern Route.”

Representatives of the Dollar," Barber, Bank, Kokusai and Kern lines were named last week as members of the contract commit-" tee of the North Atlantic Far East Conference..

Press (Copyright).]

Berlin, Jan. 31. Reichsmark quotations (without guarantee) :-

New York

Paris Amsterdam Paris Sterling Dollar-cic Transocean Kuo" "Min"

39.87

.608.8

59.35

744375 15.285

TWO NEW MINERALS

The agreement covers the route between the U. B. Atlantic and the Philippine Islands, China (in- cluding Manchurian), Hong Kong and Dairen, for the stated purpose of "securing efficiency of service for the common good of shippers Russian Scientist's Claim and carrier. Among the provi- slons are the following

The Dollar Line was not include ed in the contract and the docu- ment was approved by the Ship- ping Board over objections from Dollar, Although it originally signified its disapproval of the pooling plan, the Dollar Line last Tuesday applied for membership,

"Membership in the North Atlan- at the behest of the Shipping tic Far East Conference is compul- Board. Consideration of the ap-sory, as is full or associate mem plication was held up by the pool pending Government approval of the original document.

The Dollar Line, it is understood, SINGAPORE RAW RUBBER charged that the agreement was

Messrs. H. B. Joseph & Co. Messrs. H. B. Joseph & Co., have received the following Straits Cur- Singapore for Raw Rubber,

Bpot

Official Quotations received from rency quotations from

Manila at 11.30a.m.

Buyers

Antaimoks, Ctvos. 70. Benguet Consols, Ps. 11.30. Benguet Explora Ctvos. 15), Baguio Gold Ctvas, 31.

Gold Rivere Ctvos. 18,

Gold Creek Cuvos. 29.

Itogons, Ctvca. 344.

Ipos Ctros. 70.

Buyle Consols. Ctros. 17. Salacots Ctyos 12

Bellexu

Antamoks Otros: 701. Balators P8. 23 Benguet Consols. Ps 11.40. Benguet Explors, Ctyos. 163. Bagulo Gold Ctros, 32 Gold Rivers Civos. 181. Gold Creek Ctros. 31.

Itogons Ctvos 35 Ipda Otros. 85,4

Buyic Consols. Civos. 18 Salacots Ctvar. 13,-

United Paracales Ctros, 281.

April/June

July/Sept.

Market.Steady

21 Up 23 up 244 up i

Messrs. Berjamin & Potts Messrs. Benjamin & Potts have received the following Straits cur- rency quotations (buyers) from

bership in the Pacific Westbound Conference if the carrier loads at Los Angeles or San Francisco en route.

COMPAGNIE DES MESSAGERIES MARITIMES.

CONSIGNEE NOTICE.

8.8. "M IN."

ARRIVED HONG KONG ON MON- DAY, THE 28TH JANUARY, 1935, FROM DUNKIRK, LONDON, KOTTERDAM, ANTWERP, &c.

YONSIGNEES of Cargo by the above named Steamer are hereby informa- ed that their Goods with exception of Opium, Treasure and Valuables are being landed and placed at their risk in the Godowns of the Eong Kong Kow Icon Wharf & Godown Co., Ltd., Kow loon, whence Delivery can be obtained as the Goods are landed.

Goods not cleared within 7 Days including date of arrival, will be subject

to rent.

All Claims must be sent to the Un-

designed before the Wednesday, the 6th February, 1935, or they will not be recognized,

Dau aged Packages must be left in the Godowns for Examination by the Consignees and the Company's Surveyors Mess Goddard & Douglas at 10 am. on Saturday, the 2nd February, 1935.

Consignees must have a Revenue Officer in attendance when damaged datiable goods are examined by the -Company's Surreyors

No Glaims will be admitted after the Goods have left the Godown.

No Fire Insurance will be effected by ne' in any case whatever..

E. OHL, Agoat.

| Hong Kong, 28th Jan., 1995.

[3905

While surveying the gold ores

Laba, and the iron ores along the In the valley of river Bolshaya SERVICES CONTRACTUELS DES

river. Malka (Northern Caucasus),

· MESSAGERIES MARITIMES. Mr. Berdluchenko, Professor of Mineralogy of the Rostov Univer-

CONSIGNEE NOTICE. sity, discovered two new minerals

chrome. combining iron, aluminium, and

Revenues from coal, treasure, ex- drafted in London with no provi-plosives, refrigerated cargo, Clov sion for Dollar, participation, al ernment cargo, mail and passage though the company has 39 direct money are excluded from the pool satings and 13 transshipment all- Deductions to be made before be maintained, 18 galings for inga per annum from the North revenue is diverted to the pool are:

Barber and 9 each for the others. Atlantic to the Far East, agathat $3 per ton to cover handling char-

Ships must have a speed of 11 a total of 97 sailings per annum ges: agents loading and discharg- knots or more. for all others in the trade. A live-ing commission of 71 per cent, ly dispute is in prospect over the brokerage of 11 per cent, arbitrar ruture admission of the Dollar Line les on transhipment freight and and the terms upon which it surcharges on heavy lifts and extra should enter.

lengths.

British Farticipants Two American lines and air for-

Singapore to-day for Raw Rubber: eign-flag carriers are parties to

Spot

21upet the accord, as fled and approved.

April/Jurie

July/Sept.

Oet./Dec. Market Quiet

ment-owne

The net result of the pool will be divided: 23 per cent to the Bar-

ber Line, and 11 per cent each to

Salling Schedule Limited

the seven others

Rotation of sailings are to be arranged before January 1, under the principle of giving each line the same sailing date each month from New York.

Any line in the trade is eligible for membership in the pool, “and

such membership shall not be de- nied except for just and resson

able cause."-

41

8.8. "ORENONCEAUX “

ARRIVED HONG KONG ó SUNDAY, THE 27TH JANUARY,

From MARSEILLES, 20 WONSIGNEES of Cargo by the above-Haired Steamer are harby informed that the Goods, with the szeption of Opium, Treasure and Val ables are being handed, and placed, at their risk in the Gadowary of the com Oo, Li, Kowloon, Wake Deliv Kong and Howloon Wharf and Godown

be

obtained as the Goods are landed and Goods not cleared within 7 days, In clading date of arrival, will be subject to

All Claims must be sent to the Under ngued before Wednesday, 6th February 1985, or they will not be recognized.

Damaged packaged meat be left in "All lawful measures are to be the Godowns for examination by the taken by the algnatories to meet Consigneon and the Compway Bar competition of any non-conferenceyors, ears, Goddard & Douglas, at carrier:

10 am Friday, the 1st February, 1985

Consignees must bare OfBoer in attendance when

23 down et. The Shipping Board itself is indi- 241 down ct.rectly a participant, in that the In the "normal sailing schedule, 251 down ct American Pioneer Lane, Govern each line ja ilmited to 12 sailings one of the sigua- per annum, except that the Barber

Roosevelt Line is allowed 24 (17 each for The agreement runs anaging Wilhelm Wilhelmsen and the Lan-years, but after two and

cashire Shipping Company) and Ame that the Isthmian Line may have

other: 24

gs if only: 12 are ines

Antamoka Ctyös. 70. Benguet Consols P.8 11.30. Eaguio Gold Ctvox 31k Gold Rivers Ctyos, 18. Gold Creek Ctvos. 29. Suvic Console, Utvos 17- Balacote Ctyon 12

Eteams

3ne, Bar

ma

tallades

25 per cent fewer saili

o tha

aate it within rwise ordered,

ita nation

Jutiable gooda, are exami

Conipa

No Ulaims will be adi Goods have left the Go

Fong Kong, 17th Jan,

dainage)