1935-03-04 — Page 13

Daily Press 孖剌西報 All

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTING-MADITIMA ITALIANA-SITMAQ

EXPRESS PASSENGER SERVICE "FAR EAST-INDIA-ITALY

Through Tickets to LONDON (Sea & Rail 22 Days) Heavy Luggage to London by. Special Train FREE OF FREIGHT * Interchangeable Return Tickets with the Dollar Lines on very favourable conditions.

ROUND THE WORLD TICKETS ISSUED

in Connection with All the Trans-Pacific and

Trana-Atlantic Conference Lines at Special Reduced Rates,

HONG KONG DAILY PRESS, MONDAY, MARCH 4, 1935.

THE EXCHANGE MARKET

MESSRS, ROZA BROS.

Oa

LONDON EXCHANGE RATES

Silver prices were substantially Amsterdam

Athens higher yesterday to the extent of 3/8 for Ready, and Forward, the Belgrade quotations being 26 1/16 for Berlin Ready and 26 3/16 for Forward. Bombay Advices received reported India, Brussels China and America as "baving" Bucharest bought. Subsequently China and Buenos Aires speculators sold. The market. Copenhagen closed firm with "good buyers at 1/8 over the quoted rates. Amer. ican Silver was higher at 57) for Spot.

(BRITISH WIRALIKU SKRUTÖR

Sterling Parity

Feb 48

19.10 Florins 7.101 373 Drachae 278,316 Dinara 90.43 Marks Is 6d. per Rupee

Mar 2 7.01

509 S.

501 S.

213

"

11.97

11.78

cross-

Geneva... Helsingfors Hongkong Lisbon Madrid

·Milan

35 Belgas 20,55) 813,580 Lei 47.58d. per Peac

19.189 Kroner. 25.22 France 193:33 Mark

20.28

4731

1485,

14.64

1/10 15/1

1/11.

110-Esendos $3.22) Pesetas 92.48 Lire

35 3/16⚫

58 13/18

341 561

Monterideo

Montreal

P. O. Box 143.

Market.. Strong. Business brisk."

was fairly

Sterling

New York Oslo Paris Prague

50.88d. per Peso. 4.867 Dolları 4.867 Dollars

40 S.O.. 4.85 4.841

Rio de Janeiro

18.159 Kroner 194.21 Franca 184.95 Kronen ........d. per Gold

72 57/64

116 3/16

Milreia

Agents for the “'ITALIA" and "COSULICH taning through tickets to North, Central and South America, via Italy..

For full particulars apply to

THE

LLOYD TRIESTINO

**Queen's Building. Ground Floor. Tel. Add: LLOYDIANO 1:

Telephone 32981.

Agents in CANTON:

DODWELL & CO., LTD., SHAMEEN.

CHINA-SIAM

Regular Weekly Service

LINES

LINE.

between Hongkong-Bangkok via Swatow and vice versa

"

“HELIOS"

85. HIRAM "

8.8. "HELLAS "

2.4. "EBRMOD"

1. "HELIOS"

5.3. "HIRAM".

From Hongkong

10th March

17th March

24th March

31st March

From Bangkok

8th March

15th March

22nd March

9th Marchi

5th April

12th April

Accepting cargo for Swatow and Bangkok. Regular Fortnightly Express Service

between Hongkong-Singapore-Rangoon and vice versa. ms. "HAI HING" axiling about 11th March. m.a. "HAI LEE" sailing about 28th March. Accepting cargo for Singapore, Penang and Rangoon.

Excellent passenger accommodation available.

1.

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

THORESEN & CO., LTD.

Tel. 30237.

General Agents.

BERLIN

BOURSE

[Special to the "Hong Kong Daily

Press" (Copyright).]

Though

not very

Berlin; Mar, 2.

Was

the sharemarket

active at the week-end

the prices showed BI upward

tendency with the public

and

Queen's Building.

H. K. STOCK EXCHANGE

فورم

SATURDAY'S OFFICIAL QUOTATIONS

The further rise in Exchange operators buying. Fixed interest. had the effect of making the securities were also brighter. short session on the dull side. Call money was at 3.

Was ht

Prices on the sharemarket closed much higher at the end of the week than at the 'begin- ning. The turnover great at any time but the com- pletion of the great conversion operation which is now extended to State and provincial etty loans and obligations cleared atmosphere of uncertainty restored conûdence.—

Transocean Huo Mia...

REICHSMARK QUOTA. TIONS

the

and

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

Berlin, Mar. 2. Reichsmark quotations (without

guarantee):-

New York

Parls

Amsterdam

Paris Sterling

.40.42 ..608.6

..........59.36

..71.9 .15.02

Dollar. Traniocean Kuo Hin,

REICHSBANK RETURN

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

Berlin, Mar. 2. The Reichsbank return for February 28 issued on Saturday reveals as the most striking fea ture the considerable increase in the note issue which, however, has no cause for, wonder seeing that on the one hand the return was made up on the last day of the month when the Reichsbank resources were heavily drawn on to effect the monthly settlements and on the other the franc notes in the Baar territory were ex- changed for Reichsmarks, Gold- stock increased 0.1 million marks to 801, while foreign currencies were unchanged at 45, making the total increase of 0.1 to 847:

lion marksNote issue in eased 294.8 to 36174", million

Bransocean Kue My

BUYERS

Hotels, $5. China Lights, $10.15.

Telephones (old), $25.

The New York/London rate opened at 4.837 and closed at 4.813.

There were sellers after the opening at 1/11 15/16 leading to business at 20 for May and April and subsequently for cash follow- ed by transactions at 2/0 1/18 for forward and near. The mraket closed with sellers at 2/0 1/16 March May and 270 June, buy ers at 2/0 March/April and prob- ably May and 2/0 3/16 June.

U. 8. Dollars

W

Opened with sellers at 47 for near but 48 was soon on offer re- sulting in business at 48.3/16 and 48 for near delivery. The mar- ket closed with sellers at 48 March/April and 487 May, buyers probably at 48 5/16 March, 481 April and probably 48 7/16 May.

Shanghai Dollars, Sellers were quoted at 1211 for near delivery.

Shanghai Market.

Opened early in the morning with sellers at 1/7 for Spot and 1/4 for April but towards the closed the market has Arm with. sellers at 1/72 for near and 1/7; April. U.S. Dollars, opened with sellers at 39 for Spot and 391 April, closing with sellers at 39 11/18 for near and 39 7/16 April.. Firm

THE SHARE MARKET

Harriman's Weekly Report

Mr.

Shanghai Stockholm Visons Yokohama Silver (spot) ...... Silver (forward) War Loan

***** 18.159 Kronor

24.58d. per: Yeo 34.58 Schillings

........................

34%

25 11/16

25 13/16

31% 108 15/16

Closing Quotations

March 2, 1935

ON NEW YORK:—

41 8.0, 4.81

4.794

71 27/32 1131

1772

25+

1/2 1/16 27

27 1/16

Bank. Billa, on demand 471 Credita, 60 days' right.. 434 ON BATAVIA :-...

On demand

8+

UN LONDON:-

Telegraphic Transfer... Bank Bills, on demand 1/ Bank Bills, months'

ight"

1/118

ON PAKIN:-

Credits, four months'

Bank Bills, on demand 607

sight

2/1

Credits, 4 months' sight 737

ON SHANGHA£:—

UN SAIGON:

On Demand

On demand

700

Ox SINGAPORE:-

ON MANILA-

O

On demand JAPAN :—

་ཉན་

On demand

942

ON BANGIOR:-

On demand

167

On demand

947

OR

INDIA:—

SOVEREIGNS, Bank Buying

Telegraphic Transfer.... Bank, on demazıd

Rate

1291..

BAR SILVER, per of... 26 1/16

SHANGHAI MARKET

COMMENT

Feb. 27; 1935. done at 9 and 1,000 Tebongs-at

decision.

47

On the

The local rubber share market falled to respond last Tuesday to

Chinese Government Bond Market 23rd Year Customs the steadiness of the raw mater continued to be in the foreground. G. A. Harriman's weekly ial markets resulting from the While some of the share report and market review is favourable gold clause

other issues sued at noon on Saturday states:-

registered small gains, this issue slumped heavily resulting in con- The market was very dull during glected and in the group of deben-

The general market remained ne-siderably lower quotations. the week under review and prices tures, sellers predominated. Wed- were generally easter with business nesday was exceedingly dull, no cn a rather restricted scale, due transactions at all were recorded PRODUCER TO ABANDON. in no small measure to the uncer-

in the rubber section and in the tainly of exchange. Investment general market the whole business issues ruled much easier with done amoufited to 200 Chinese Singapore Tractions (Pref), 20 Wharves done at 3108 cash and at Engineering and Mining. Realty Canton Ices, $21.

$109 for March, Hong Kong Lands Investment and Shanghai Water after business at $49 had sellers at Works 7% Preferred. On the fol- this rate. Star Ferries were offer-Towing day the situation was more ing at $93, and Hong Kong Fiec-or less the same since the most tries came to business at $71/71. important factor influencing the Telephones (old), changed hands in

market the unusual tightness of small parcel's at $25.30, but closed money, did not improve. easier with sellers at $25.25, the to a rise in exchange Shanghai

520, a decline of 15 points from Water Works stock dropped to

Telephones (new), $10.15.

Singapore Tractions 8/-

Govt, 4% Loan, 61% Prem.

SELLERS

Hongkong Banks, $1380.

Union Insurances, $425, Raubs, $5.

New Engineerings, Sh.$5.80. H. E. Lands, $50,

Electrics, $714.

Cements, "$2.05...

Dairy Farms, $231.

SALES

Union Insurances, $415/425. Ewo Cottons, Sh.$8.80, China. Lights $104. Electries, $71. official quotations Received from Manila on 11:30 am. 2/3/35 Buyers

Antamoks Ctvos. 80.

Balatoes p.s." 371. Benguet Consola p.s. 12.40, Benguet Explors. Ctvos. 151. Baguio Gold Ctvos, 33. Gold Rivers Ctvos. 18, Gold Creek Ctvos 384. Itogong CtvoS. 37. Ipos pa Gtvos. 1.10. Suyoc Consols. Civos. 241. Salacots CtvoB, 15). United Paracales Ctvos. 31.

Selleri-

Antamoks Ctvos. 81.

Balatocs ps. 38

Benguet, Consols. p.8. 12. Benguet Explors, Ctvos. 18. Bagulo Gold Ctvos. 331. Gold Rivers Ctvos, 19 Gold Creek Ctron. 37.0 Itogons Ctvog 38. Ipos ps, 1.30,"

Buycc Consols: Ctvos. 25. Salacots Cévos. 16. United Paracales Ctros.. 32,

Bater

Antamoks Ctvos, 80. Benguet Consols. p., 124. Benguet Explors, Ctros 18. Baguio Gold Ctvos, 33. Gold Rivers Ctyas, 19, Gold Creek Cty08 361/37, Itogons Ctvos. 374.

Suyoc Consols. Civos. 25, Balacots. Ctvos, 13 United Paracales Ctros. 31k

minor tendency

at

HİS PLANS

PRESIDENT LINERS

are

13

LUXURY LINERS

Famed for

Splendid Cuisine

a The luxury of travel on President Liners extends beyond large outside cabins, charming public rooms and roamy decks.......... Manus are made up from the best of the good things that all the President Liners widespread posts of call provide, and you'll find infinite variety to make each meal en route a real avant. Asklo be shown some menus pickąd out at random)

To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days

via Shanghai, Babe, Yokohama, Honolulu

Fortnightly sailings

Pres. Wilson....Mar. 13, a.m. Pres. Hoover. Mar. 25, Noon Prea Lincoln ...Apr. 9, M'night Pres. Coolidge Apr. 20, Neen Pres. Cleveland May 7, M'night

EUROPE, NEW YORK

Inquire for round-trip taketa to Europe In connection with Lloyd Triestino. Via Manila, Singapore, Penang, Colombo Bombay, Sues Canal Alexandria, Naples, Genos, Mamelites.

Free Garfield ...Mar. 16,9 D. Pres. Polk. Mar. 30, 8.0. Pres. Adams ápr. 15, 8 m). Pres. Harrison...Apr. 27, 8.0. Pree. Hayes....May 11, 8 am.

via Shanghai, Kobe.

Yokohama Fortnightly sailing Pres. McKinley, Mar. 16,6 am, Pres. Grant... Mar. 50, 6·2.zo.

Pres. Jefferson... Apr. 13, 6 1.m. Pres. Jackson, Apr. 17, 6 s.12. Pres. McKinley May 11, 8 a.m.

MANILA

THE MOST FREQUENT SERVICE

Next Sailinge "Pres. Wilson..... Mar. 6, 6p.R. Pres. McKinley, Mar. 9, 6.p.m. Pres. Foover. Mar. 14,0 p.m. Pras. Garfald... Mar. 16,8 m2. Pres. Grant... Mar. 23,5 p.m.

DOLLAR STEAMSHIP LINKS AMERICAN MAIL LINE

PADDER BUILDING HONG KONG. CANTON BRANCH !—4, SHAKER HOAD,

IMPORTS

Current Prices

The reports and prices are pub- Ished as supplied by Importers, and the Chamber cannot accept responsibility for the accuracy thereof.

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES.

BOORAN, STEAMSHIP CO., LTD.

AND

CHINA MUTUAL STEAM NAVIGATION, CO, LTD.

NONSIGNEES per Co.'s Varsel

"SARPEDON.”

Cotton. Plecs-Goods and Faney

Cotton Goods "A

received:** *

The following reports have been

FROM UNITED KINGDOM. TRA SINGAPORE, The market is quiet due to non-will be discharged into Holt's Wharf are hereby notified that their cargo arrived of up-centry buyers, and Kowloon, where it will lie at Consig- prices are inclined to sag. De- nees risk and subject to terms and ilveries are only good in one or conditions of storage at Holt's Wharf. two particular cloths, other being The Cargo will be ready for delivery fair.

from Godown on and after 2nd March. Optional csigo will not be landed here, unless notice bag been given prior to steamer's arrival but carried on from port to port to the final port of call to which the option extends

to

The latest Cotton prices hand are those of the 28th Feb. American Midding "Spot" 7.12d. Am. Middling Mar. delivery 6:90d. American Midding. Oct. 6.66d. Egypt. Sakel F.G.F. "Spot" 8.828. Woollens.

There is still no interest shown with regard to new business. The

London. Mar. 2. The film and theatre world has been startled by the sudden an- nouncement that the manager- producer, Charles B. Cochran, has market for woollens is now clos abandoned all his extensive pro-ing and generally Owing

duction plans as a sequel to a last season's goods were good and dispute with British Equity. the carry-over is not large.

Mr. Cochran recently brought

clearances

of

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.

the Goods, have left the steamer's No claims will be admitted atter Godown, and all Goods remaining be subject to rent. undelivered after the 8th March, will

All Claims against the Steamer must

be presented to the undersigned on or before the 22nd Mar, 1985, or they will not be recognised. “

No

Fire Insurance will be effected.

Marden 6% at 65, or five points A British Equity official has Messrs. H. B. Joseph and Co., re- 1st March, 1935. below the listed normal quotation made a statement regretting the ceived the following Straits Cur- report on the markets on Satur- plays are bound to be produced for Raw Rubber There was nothing worth while to decision and is of the opinion that rency quotations from Singapore day and Monday of this week few Shanghai Power 6% Prefer- Jubilee year and hence actors will

A in all the London theatre In Spot

Monday and 280 Ewo Mills were Beuter. ence shares were sold at 130 on not be unemployed.-

Agente.

new shares however were in de- hand at $10.40. Dairy Farms were rather neglected with sellers

at the last rate During Thursday's Important plays from New $233- Trams were offering at session business

was practically York for production in London SINGAPORE RAW RUBBER BUTTERFIELD & SWIRE, $18.10. With the exception of Hotels which changed hands at 51% Debentures closed

at a standstill. Shanghai Power this year. "If I cannot get casta climbing rates from $5 to $5.10,

89,50, I cannot produce." he said. issues showed

an easier on offer at $1.25 and Cements at with Providents (old) $1.95. China Lights showed very little change with sales effected at $10.00/10. Owing to the sharp rise in Exchange (business done at 1/11,5/8) Hong Kong Banks re- ceded to $1380 after business done at $1380/1415, with Unions offering freely at $435, after sales at this rate. The tone of the market at the close is dull with signs of an caster tendency due principally to the exceptional firmness of ex- change,

Business during the week has been done at the following prices:-

Bong Banks, $1380/1415. Bank of East Aslas, $924. Canton Insurances, $255/250,- Union Insurances; $435/440.- Underwriters, $1.45/1.50. Hotels, $5.00/5.10. Hong Kong Lands, $49,- HK

Lands 4% Debentures, $102-10

Hong Kong Electrics, $71,-/714. Telephones (new), $10.50,

Realtys, $5.00

Hong Kong Trams, $19.30. Wharves, $108.-

Watsons, $3.55.

Star Ferries, $93.-

China Lights, $10.00/10.15, Cements, $2.00.

Providents (new), 15 eta. Ewos: $8.80/9.30 Autamoks, 88 cts/88 cta Gold Rivers, 21 cts.

Bagulo Consolidated, 14 cts. Constructions (new), 50 cts

April/Jime July/Bept Market Steady,

201 unchanged 224 up.

231 unchanged

A.0.F.C. Average of Shanghai Stocks

RANGE OF AVERAGE

TWEETY REP

PRINCE LINE.

NOTICE TO CONSIGNERE.

NEW YORK AND LOS ANGELES

Motor

TINGALESE PRINCE

having arrived from the above Port sa ist instant, Consignees of Cargo, arm hereby informed that their Soodar being landed at the risk into the Godowns of the Hong Kong and Kowloom. Wharf and Godown Company, Limited Kowloon, and stored at ConagnooK ENG and expense," a pr

All trokan, chafed, and damaged Goods are to be left in the Godowns, they will be examined on

6th instant, 1985,

All-Claims must

15 Days of the

stter which date cognized

Claims, Will

Glood" havalet the

8th instant

TUBN

Hong Kong, Ist

107

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