1935-03-01 — Page 13

LLOYD TRIESTINO

CLOTTE DIGNITE LLOYD TRIESTING-MANTIMA ITALIANA - SITHAR

EXPRESS PASSENGER SERVICE

FAR-EAST - INDIA - ITALY TAKE ADVANTAGE of the Season to visit ludia, Ceylon and the Straits on our SPECIAL REDUCED TWO MONTHS RE- TURN TICKETS allowing a stop over of about 4 weeks in India, 5 weeks in Ceylon or 8-7 weeks in the Straits.

To

Bombay

FARES FROM HONG KONG

1st.

2nd.

2nd. Ecou, clase

£44

£91.

Colombo

*

Singapore...

£11 £18"

£03 £13

་

£19

£11

NEXT SAILING S.S. **CONTE ROSSO " 19th March, 1935," Same reduced RETURN TICKETS to SHANGHAI

1st. cl. £1, 2nd. el. £9, 2nd. Econ. el. £8.

NEXT SAILING 9.9. "CONTE ROSSO **20,700 T. 7th March, 1935.

For full particulars apply to:

THE

LLOYD TRIESTINO Queen's Building, Ground Floor.

Telophone 32981,

Tel. Add:" LLOYDIANO,"

Agents in CAKTON:

P. O. Box 148.

DODWELL & CO., LTD SHAMEEN.

CHINA-SIAM

Regular Weekly Service

LINE.

between Hongkong-Bangkok via Swatow and vice versa

"HERMOD"

" HELIOS"

89. "HIRAM "·

&*. “ HELLAS "

2,3.

"HERMOD"

B... "HELIOS"

6.5. "HIRAM”

From Hongkong.

3rd March

10th March

17th March

24th March

" 31st March

From Bangkok

1st March

8th March

15th March

22nd March "29th March

5ch-April 12th April

Accepting cargo for Swatow and Bangkok. Regular Fortnightly Express Service

between Hongkong-Singapore-Rangoon and vice versa.

"m.z. "HAI HING" sailing about 11th March..

"HAI LEE" sailing about 28th March. ...Accepting cargo for Singapore, tenang and Rangoon Excellent passenger accommodation available,”

For freight, passage rates and all other information-apply to

THORESEN & CO., LTD.

Tel. 30237.

General Agents,

Bong Kong

נו

Queen's Building.

Weekly Press

&

•

CHINA OVERLAND TRADE REPORT

"The Weekly with the Yellow Cover"

SUBSCRIPTION RATES

LOCAL:- $13 PER ANNUM INCLUDING POSTAGE

$6.50 SIX MONTHS

OUTFORTS & FOREIGN:-

11

$1

$18 PER ANNUM INCLUDING POSTAGE $9 Six MONTHS

-ORDER FORM.

"

THE HONG KONG DAILY PRESS, LTD.,

HONG KONG,

DEAR SIRS,

PLEASE SEND THE HONG KONG WEEKLY PRESS FROM.......

ADDRESSED AS FOLLOWS:

HOME RAILWAYS gure is 1,077,181, This Judy-

BRIGHTER

Rise In Price's Maintained

HONG KONG DAILY PRESS, FRIDAY, MARCH 1 1935.

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

Market.

LONDON EXCHANGE RATES

(BRITISH WIRIZess® Saayian

90.43 Marks 12.08

Sterling Parity

19.10 Floring ......................... 375 Drachmas ********** 978,316 Dinare

Feb 20. 7.151 509 8.

Feb 21. 7.141 510 6.

is

6d. per Rupee 36 Bolgas

................. 313,568 Lei

20.69

480

12.094

20.661

47.36d. per Prec

19.169 Kroner

--95.234-Frazer~~14.938-

193.23 Mark

1/10 13/18

4.867 Dollard 18.159 Kroner. Da, 194.91 Franca 164.25 Kronen 26.93d. per Gold

110 Escudos 25.92) Pesetas ·351

99.48 Lira 57 50.88d. per Peso .... 4.867 Dollar 4.862

4.86 5/16

14.92

1/101

35 5/16

57

4.881 488

73 19/64 116

73 15/64 115#

Milreis

1/7

18.159 Kronor 34.58 Schillings. 24.58d. per Yen

25 9/16

254

25 11/16

84% 34% 1087

Silver prices rase 1/18 yester: Amsterdain day for both deliveries, the quo- Athens...... tations being 25 for Ready. and Belgrada 35 for Forward, Silver advices Berlin reported India as having bought Bombay China operated both ways, Bus Brussels Dess was moderate and the tone Bucharest .... it the close Was steady with Buenos Aires America being & buyer at a Copenhagen fraction over the quoted rates. Geneva... In America the rate

was higher Helsingfors at 561 for Spot.

Hongkong The New York/London cross- Lisbon rate opened at, 4.85" and closed at "Madrid 4.85.

Milan..... Montevideo Opened steady but later armed Montreal up. Business was fair

New York Sterling

Oslo... Business was done shortly after

Paris....... the opening at 1/11 for May de-

Prague Every followed by transactions at the same rate for June. The mar- ket, then steadied up and business

Shanghai was done at 1/11 for near delivery Vienna........

Stockholm and 1/11 1/16 was done for June Yokohama...... and April. Later 1/11 was also arranged for June delivery.

Silver (spot) The Silver (forward) inap. market closed at 1 p.m. With sell-War Lona ers at 1/11 1/16 February/June, buyers at 1/11 February/May and probably June.

U. S. Dollars

The market opened with sellers- at 451 but business" was soon ar- ranged at 48 for March and cash followed by transactiona at 46 1/18 for May, April and March. Eater 461 was done for April and

half March. second The market closed at 1 p.m. 46 February/March and probably

April.

Rio de Janeiro

Closing Quotations

February 98, 1935

ON NEW YORK:-

253 34% 1061

Bank Bills, on demand 454 Credite, #0 days' sight.. 477

ON BATAVIA:—

On demand

Bank Bills, on demand 690 Credita, months' sight 720

Us LONDON -

Telegraphic Transfer...

Bank Bills, on demon 1/104 Bank Bills, 4 months'

sight

1/101

ON PAHIS:-

Credits, four months'

Kight

ON SHANGHAI:-

UK BAIGON

19

On Demand ******

118

.......... 89.

ON SINGAPORE:-

ON "MANILA —

On demand

**

On demand

actors

ON JAPAN :-

OK BANGKOK |—

On demand

181

On demand

********888

ON INDIA:-

Telegraphic Transfer... Bank, on demand

124

Shanghal Dollars: " Sellers were quoted at 120 9/16-- for near, buyers probably at 120 11/16 for cash.

Shaughal Market,

Opened with indications of east- ness with sellers at 1/7 for near and 1/7 1/16 Abril, the selling rate subsequently receding to 1/7 for near 1/6 15/16 April Later the market reacted" and towards 1 D. sellers were indicated 1/7 for cash and 1/7 for April US Dollars, opened with sellers at 38 11/18 for near and 38 April, receding subsequently to 38 7/16 for near and 38 5/16 April The market then reacted and to-

wards 1 p.m. sellers were indicated at 38 11/16 for near and 38 April. Steady.

IN THE AFTERNOON The market was frm in afternoon.

Sterling

the

in sterling a small business was done after the opening at 1/11 1/16 for near delivery followed by transactions at 1/11 for June and May. The market closed with sellers at 1/11 1/18 March/April and 1/11 May/June, buyers at 1/18 higher respectively.

U.S. Dollars

A small business was done early in the afternoon at 484 for Apr delivery. The market closed with sellers at 482 March, 48 13/16 April/May, buyers at 46 13/16 March and 367 April and probably May.

GERMAN BOND CONVERSION

Ten-Day Option For Acceptance

on

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

Berlin, Feb. 27. The law providing the conver- ment, it is estimated, will save sion of Reich obligations, treasury the company about £1,500,000, bonds as well as inscribed govern- There is the possibility of an ap- ment stock bearing interest of 6 peal, but nothing is known re per cent, and over to 4 per cent., garding this at present,

was published Although, of course, each com- gazette here:

in the official pany stands by itself in the mat- The law which was among the Wednesday. ter, it is estimated that if other measures approved by the Cabinet claims result in a similar read Council on Tuesday and which has justment of the position, the been foreshadowed by the action (Special Air Mall Services

four companies combined will be of the Committee of management entitled to an amount estimated of the Berlin bourse in suspending London, Feb,, 5.

at. £10,000,000, a notable con- quotations on Wednesday for 6 One notably bright spot in the tribution to the funds available per cent. Reich obligations and market has been the section de- for dividends, although, of course, other loans, offers holders com- voted to home railway securities. not applicable to the past year, pensation of 2 per cent of the Prices for the prior charges as Meanwhile, next week three of nommal value of the bonds. The well as the junior stocks have the companies will make their bond holders will have to decide moved up sharply, and although annual dividened statements: the of their own free will within ten there has been some profit-taking Southern on Monday and the days whether to accept the offer the rise has been maintained. Great Western and LMS. on or not.

The fresh life given to this Wednesday. The Land N.E. According to official estimates, section is due to the result of the statement is not due till February the law affects bonds aggregating Southern Railway's claim against 22. The market looks for a re- upwards of two millard marks. Its rates assessment. The original petition of the 3 per cent. Ordin- It will be remembered that when assessment for the quinquennial ary dividend on, the Great West the first stage of the bond con- beginning in 1931 was £2,180,000ern stock mainly with the aid of version nounced at the end of

The company claimed, that it reserves, while the Southern la January and affecting nearly nine should be 2500,000, while the expected to pay 31 per cent. on milliard marks nominal value local authorities contended that its Preferred Ordinary, A divi was carried out, it was indicated the proper Agure was £3,000,000 dend of 13 per cent, is anticipat that Azed Interest Invest

The Railway and Canal Comed on: LMS. 1923 4 per cent. Frements would soon follow mission has decided that the right ference.

Transocean Kuo Mink

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

On demand

SOVERRIGES Bank Buying

Rate ......

1/11/ BAR SILVER, par ok ... 25

BERLIN BOURSE

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

Berlin, Feb. 27,

All sections in the sharemarket showed improvement on Wednes- day, prices moving upwards. This recovery was chiefly due to tho China Lights were in demand at announcement that the conver- $10.05 after small sales at $10.10. sion of those securities not affect Mectrics changed hands at

371ed by the first big operation, Le. at which rate there are further the mortgage bonds and public buyers. Telephones have improv loans, will follow the same process ed to buyers at $25.40 for the old shortly, the quotations of all such and $10.20 for the new. H.K. Ferries at $83 and Underwriters Banks were placed at $1380, Star

at $11.

"

BUYERS

Underwriters, $1.40, Douglases, $391 Hotels, '$5.

HK Land 4% Debtrs, $10. Humphreys, $94.. China Lights, $10.05. Electrics, $71. Telephones (old), $25.35, Singapore Tractions 8/-. Singapore Tractions (Pref) 20/- Canton Ices, $21 -

Govt. 4% Loan, 61% Prem Govt. 35% Loan, 2% Prem.

SELLEES-

Wharves, $110, Hotels-$5.10- China Lights, $10.10.

· Electrics, $71. Telephones (old), $254. Dairy Farms, $231.

SALES

Hong Kong Banks, $1380. Underwriters, $1ł.. Wharves, $108. Star Ferries, $93. China Lights, $10.10. Electrics, $71. 7

OFFICIAL QUOTATIONS RECEIVED FROM MANILA

où.. February 28, 1935.. Buyers Antamoks, Ctros 80. Balatocs pa, 38 Benguet Consols, ps. 12.30. Benguet Explors, Ctvos, 151) Baguio Gold Ctvoa 33). Gold Rivers, Ctros. 19. Gold Creek, Ctros, 354, Itogona, Cryos. 37 Ipos pa 1.10.

Suyoc Console, Ctvon, 231, Balacota, Ctvos. 15 United Paracalés, Civos, 29,

Sellers Antamoks, CTOs 81. Balatocs p. 39.5 Benguet Consols. p. 121 Benguet Explora. Ctros, 18.. Baguio Cold, "Ctvos. 34. Gold River, Clvos, 19+-- Gold Creek, Ctyos. 36. Itogons, Curos, 38,

Ipos

Buyo

gois, Ctros. 24,

United

12:30

stock, being for the time being gu- naturally restricted the scope of spended as from Wednesday. This

the bond market with the re- sult that the stocks not affected were in greater demand. Call Money was at 31 to 4- Transocean Kuò Min.

REICHSMARK QUOTA- TIONS

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

Berlin, Feb. 27. (Relchmark quotations without guarantee):

New York Paris

~ Amsterdam

Paris Sterling Dallaz

Transocean Kuo Min.

40.38: 608.28 59.4 73.28 15.07

H.K, SHAREBROKERS" ASSOCIATION

BUYERS

Banks, $1375. Bank of East Asia, $91 ed. Underwriters, $1.35. Douglases, $59), DE Waterboats, $124. Hotels, $5. Wharves, $108. cd. Providents (new), 15 cts. Ducks, $10,

Peak Trams (old), $81. - Lights, $10.

Electrics, $71.

Telephones (old), spe

Canton Ices, $21 Constructions (old), $11. Constructions (new), 50 cta Nanyange, $470, Sinceres, $34. HK Wing On $104. Watsons, Govt. Loan 4%, 801%

SELLERS

Raubs, $6.40. Lands, $49) cd. Providents told), ($1.30. Cements, $2ME A

BALES Canton Inseċ, $255/257} Lands,

Electrica, 711

13

PRESIDENT LINER TRAVEL SERVICE

is Yours to Command

Most everyone knows that on President Liner you have only to ask and your wish will be granted, instantly. But do your, know that this cordial complete service extends as well to Every Dollar Steamship Lines and American Mail Line office and agent throughout the world?...We hope you will make use of this friendly worldwide service on your next trip.

To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days

via Shanghai, Kobe, Yokohama, Honolulu

Fortnightly sailings "

Pres. Wilson...Mar. 13, 8 a.m. Pres. Hoover,... Mar, 23, Noon Pres. Lincoln...Apr. 9, M'night Pres. Coolidge... Apr. 20, Noon Pres. Cleveland.May 7, M'night

EUROPE, NEW YORK

SAN

Inquire for round-trip tickets to Europe in connection with Lloyd Triestino. Via Manila, Singapore, Penang, Colombo Bombay, Bues Canal Alexandria, Naples, Genos,

Marseilles.

Pres. Van Buren.Mar. 2, 8 sm. Pres. Garfield....Mar. 16, 8 s.m. Pres. Polk ... Mar. 30, 8 a.m. Pras, Adamsta Apr. 13,8 m. Pres. Harrison.. Apr. 97, 8 a.10.

via Shanghai, Kobe...

Yokohama Fortnightly sailing Prev. Jackson,... Mar. 2, 8am. - Pres. McKinley. Mar. 16,8 m. Pres. Grant Mar. 50, 8 a..

Pres. Jefferson... Apr. 13, 8 am. Pres. Jackson....Apr. 27, 6 a..

MANILA

THE MOST FREQUENT SERVICE

Next Sailings

Pres. Van Buren.Mar., 2, 8 a.m. Pres. Wilson. Mar. 5, 6pm. Pres. McKinley Mar. 9, 6 pm. Pres. Hoover Mar. 14, 0 p.m. Pres. Garfield... Mar. 16, 8 a.m.

DOLLAR STEAMSHIP LINES

AMERICAN MAIL LINE

́PEDDER BUILDING-HONG KONG,

CANTON BRANCH 1—4, HEAKER BOAD.

THE RUBBER MARKET

London Review

The following London Rubber Market Review issued by Messrs.. Lane Mitchell Hymans and Kray

Ltd., London has been forward by Messrs. G. A. Harriman & Co., the Nelson and Co. Ltd., Singapore: local agents for Messrs. Stanton

London, Feb. 8 the sharp break in

CONSIGNEE NOTICES,

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.

CONSIGNEE NOTICE.

8.8. "ATHOS II

ARRIVED HONG KONG or SATUR DAT. THE 3310 FEBRUARY, 1935.

From MARSEILLES, &o.

bove-named Steamer are heraby MUNSIGNEES of Cargo by the informed that their Gords, with the exception of Opium, Treasure and Vala- ablas, are being landed and placed at their risk in the Gedowns of the Hong Keny and Kowloon Wharf and "Gedown Co., Ltd, Kowloon, whenes Delivery on be cbtained as the Goods are landed.

Goods not cleared within 7 days, ine cluding date of arrival, will be subject to Rent.

Damaged packages must be left in the Godowns for examination by the Consignees and the Company's Sur reyon, Mears. Goddard & Dongias, at 10 m on Friday, the 1st March, 1933,

Consignees must have a Revenue Officer in attendance whan any damaged lutiable goods are examined by the Company Surveyöm.“

Following tremors of the crisis in the Pepper prices early last week on the first

Market, we have experienced a quick if moderate recovery, which speaks very well for the intrinsic soundness of the Rubber position The pepper dealings are so in- volved that at one time it was feared that several firms dealing In both pepper and rubber might Ad Claims must be sent to the Under be forced to close down, involving signed before Tuesday, 5th March, heavy liquidation of rubber com-1936, or they will not be recognised. mitments, with a consequent de- cline in prices. Although it is now known definitely that some *firms are in difficulties, the trouble has been localised and steps taken to take care of the ¡iquidation of rubber commit ments, if any are left, as the whole week has been spent in evening up books. There has been good manufacturing support from Home and American manufaces in any case whatever, turers, and there has never been any difficulty in selling rubber;

The last stock returns in the United Kingdom show an increase of 8,291 tons and now total 143,589 tons. The next return is likely to show a further addition of 2,350 tons. We wish to emphasise chce more that too much importance is attached to the continual increase in local stocks. The feature is an asset for this country, which is regaining the entrepot Frade in Rubber. In the meantime, the increase in United Kingdom stocks is compensated by a practically equal decrease in the US.A

}

No Claims will be admitted after the Goods have left the Godowns.

No Fire Insurance will be effected by

R. OHL

Agent

1398#

E01 Tong, 93rd Feb., 18:0

COMPAGNIE DES - MESSAGERIES-MARITIMES

CONSIGNEE NOTICE.

8.8. LIEUTENANT SAINT-

LOUBERT BIB."

DAY, TER 24TH FEBRUARY, 1935. ARRIVED HONG KONG SUN-

Fox DUNKIRK, ROTTERDANT ANTHIEP, đối

YÖNSIGNEES of Cargo by the abera named Steamer Que hereby befor

od that their Goods with exception off Opinn, Treasure and Vainsblow" xrm

SINGAPORE RAW RUBBER being landed and placed at their rak kar

Messrs. H. B. Joseph & Co Messrs. H. B. Joseph and Co., re- ceived the following Straits Cur- rency quotations from Singapore

for Raw Rubber

Bpot April/June

July/Sept Market Steady

Messrs. Benjamin Messrs. Benjamin received the foll

quo

211 up 221 up

the Godown of the Hong Kong How- Doon, whence Delivery can be obtained ser loon Wharf & Godown Co., Ltda, Kow the Goods are landed!

Goods not cleared within 7 Day including date of arrival, will be mbinat

to rent.

All Claims must be sent dersigned before the 5th March 1935, or

be recognised

the Go