1935-03-06 — Page 13

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO-MARITIMA ITALIANA-SITMAR

EXPRESS PASSENGER SERVICE FAR-EAST-INDIA-ITALY.

SAILINGS 1995.

For Shanghai

5.5. "CONTE-ROSSO" 7th Mar. *.*." CONTE VERDE”..... 4th Apr. 8.8" GANGE"

4th May 8.8. "CONTE VERDE" "... · 1st Juno 3.3. "GANGE"

1.8, "CONTE ROSSO"

For Singapore, Colombo, Bombay, Suez. Port-Said. Brindisi Venice,

(London by rall) & Trieste.

HONG KONG DAILY PRESS, WEDNESDAY, MARCH 6, 1935.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

HK. Banks and Unions were "In demand with the fall in Exchange and closed with buyers offering $1,300 and $415. HK, Fires were 'put through at $215 and more shares are wanted. Utilities were again a shade easier.

BUYERS

Hong Kong Banks, $1,300. Unión Insurances, $415.

Providents (New), 20 cts.

4th July Ist Aug.

3. "CONTE ROSSO"... 15th Mar. 2. "CONTE VERDE"... 12th Apr. 8.8. "GANGE"

...12th May. as. "CONTE VERDE... 8th June S.. "GANGE"

... 12th July 8.3. " CONTE ROSSO”..... 9th Aug.

15

H. K. Fires, $215.

For Full Particulars and Reservations of Agcommodation Apply to:-

LLOYD TRIESTINO.

Queen's Building, Ground Floor.

Tel. Add, “LLOYDIANO"

Telephone 32081.

Agente în CanTONIA

P. O. Box 143.

DODWELL & CO., LTD. SHAMEEN,

HAMBURG AMERIKA LINIE

TIMBURG

NORD

DEUTSCHER

LLOYD

SIEMEN

NORDDEUTSCHER LLOVE

Far Eastern Mail Passenger and Freight Service Through bookings to America via Europe and Burope via America. Bookings around the world. Through bookings to London.

OUTWARD SAILINGS

(NDL) 5.8. "MAIN"..... ......... for Yokohama, Kobe.............. 7th Mar, *(NDL) 8.4." NECKAR”..

+(DAD) m.v. DUISBURG"

for Shai, Taku Bar, Dairen,

Tsingtau, X'tali al, “Kobe........... 8th Mar, for Shanghai, Tako, Dairen, Kobe, Osaka, Yokohama, NAKOTE for S'hai, Tazo Bar, Dairen, Tsingtau, Yokohama, Kobe

4.

14th Mar,

LONDON EXCHANGE RATES

Sterling Farity Mar 2

12.10 Florida' 7.01

375 Drachmae ...... 276,316 Dinars

Amsterdam Athens Belgrade Berlin Bombay Brussels. Bucharest Buenos Aires Copenhagen Gene Aelaingfore

page.

(BEITIA WIRELESS SERVICWRY

Mar.

601 8.

6.91 497 S. 209

20.43 Marks 11.78 Is. 6d. per Rupee

11.671

1/01

33 Belgas 20.23 ... $13,858 Lei 472

20.09

467

47.58d. per Peac

18.150 Kroner..

23.294 Franės - 14.64

14:45

193.23 Marke

Hangkong

1/113

2/11

Lisbon

Madrid

110 Esendos 25.22) Pesetan» «342-

344

Milan

92.46 Lira 561

56

Monteridea Montreal

30.88d. per Peso

4114 S.O.

414

4.587 Dollars

4.81

4.80

4.792

4.751

18.159 Kroner

Prague

Rio de Janeiro

184.21 Francs 184.2 Kronen 26.93d, per Gold Milreis

71 27/32 113

71 5/32 112

1/72

1/8 3/16

25+

254

24:58d. per Yen

1/2 1/16 27

1/2}

27}

27 1/16

249

27 3/16 34 106

Singapore Tractions (Pref.), 20/6 Govt. 4 per cent. Loan, 6 per New York

cent, Frem.

Delo Govt. 3 per cent. Loan, 2 per Paris.....

cent, Prem.

יי

SELLERS New Engineerings, 8h.$5.80. Hong Kong Lands, $47. Hong Kong Trams, $19, China Lights, $9.95. Electrics, $71. Telephones (Old), $25. Dairy Farms, $33.

SALES

Hong Kong Fires, $215. Bagulo Gold, 33 cts. Providents (Old), $1.20. Providents (New), 25 cta. Hong Kong Lands, $47. China 'Lights, $10.

Telephones (Old), $247/24.80.

Cements, $1.90.

Watsons, $34.

ķ

Govt. 4 per cent. Loan. Bi per

cent, Prem

Shanghai

Stockholm Vienna........ Yokohama Silver (apot) Silver (forward) Wer Loan

4.867 Dollars

18.158 Kronor 34.58 Schillings

Closing Quotations

March 6, 1935

UN LONDON:-

Telegraphic Transfer... Bank Bille, on demand Bank. Bills, 4 months'

sight

Credits, four months'

A

Bight"

U SHANGHA1:--

On Demand

THE EXCHANGE ON SINGAPORE

MARKET

MESSRS. ROZA BROS.

Silver prices were again higher yesterday to the extent of 1/8 for bath deliveries, the quotations be- ing 27 1/8 for Ready and 27-3/16 for Forward. Advices received re- ported China and speculators es having operated both ways, India- sold at the rise. The tone was steady, In America the rate was

• (NDL) aá. “ ODER ”.

24th Mar,

(HAL) B.S." OLIVA"

+(NDL) B "TRIER "...

.........for hanghai, Kola, Osaka, Y'hama., Moji......

26th Mar.

lower at 581 for Spot

8th Apr.

for Sbai, Taku Bar; Dairen,..

Tsingtau, Y'bama, Nagoya,.

Kabe..................... HOMEWARD SAILINGS

† (NDL) 5.8. "COBLENZ”.............. for Genoa, Barcelona Can- blasts, Dover, A'dam. R'dam., H'barez., Bremen........ 13th Mar. 14th Mar.

4

(NDL) 3.8. "TRIER". .. for †(HAL) m.v."KULMERLAND "

for Genos, Barcelona, R'dam.,

Bamburg

18th Mar. (NDL) m.s."SAALE" ..for Genoa, Mller, Casablanca,

R'dam., Hamborg, Bremen...27th May. *(NDL) 3.5. "LAHN "........... ... for Genoa, R'dam., Hamburg,

Bremen,.................... ..31st Mar (HAL) .. "PRELSSEN"... for Genos, Marseilles, Antwerp,

R'dam., 'burg, and

"

+ Passegger Vessel * Limited Passenger Accommodation. !

4th Apr.

N.D.L. HONGKONG/SOUTH SEA ISLANDS SERVICE. *...* FRÏDERUN" 3rd April, to MADANG, SALAMADA, BABAUL, and Ports.

For farther particulary and passage fares, etc, apply to:-

HAMBURG AMERIKA LINIE|NORDDEUTSCHER LLOYD

JEBSEN & CO., AGENTS,

-MELCHERS & CO., AGENTS,

Queen's Building, Tel, 28378.

12, Podder Street, Tel. 28363,"

CANTON AGENTS:

CARLOWITZ & CO., Shakee Road.

JEBSEN & CO. Shameen. B. O,

Hong Kong Weekly Press

&

CHINA OVERLAND TRADE REPORT

N

"The Weekly with the Yellow Cover "

tt

SUBSCRIPTION RATES

LOCAL:- $13 PEE ANRÜM INCLUDING PORTAGN

$6.50 Six MONTHS

OUTPORTS & FOREIGN:-

$18 Paz AxxoM INCLUDING Postage: 3.9 8xx Moxтнs

-ORDER FORM

THE HONG KONG DAILY PRESS, LTD.,

HONG KONG.

DEAR SIRS,

PLEASE SEND "THE HONG KONG WEEKLY PRESS FROM..

ADDRESSED AS FOLLOWS:

The New York/London cross-

On demand ON JAPAN:-

On demand

Ox ID:-

ON NEW YORK:-

Bank Bills, on demand 474 Credits, 60 days' sight.. '49" ON BATAVIA

On demand

691

ON TAXIS:

Bank Bills, cn demand 710

2/1

Credits, 4 months' sight 740

ON SAIGON:-

11

On demand.

71

ON MANILA:

On demand -

951

ON BANGKOK :—"

1607

On demand

Telegraphie Transfer... 13 i

Bank on demand.....

DR. SCHACHT'S.

REVIEW

German Economic Situation

rate opened at 474 and closed at (Special to the "Hong Kong Daily

4.771

Market,

Very erratic. Opened easy and then weakened. Subsequently a reaction took place, 'steadying the market, but an easy tone prevail- ed again towards lunch time.

Sterling

mand

Press" (Copyright).]

SOYKELIGNE, Bank Buying

Hate....

2/1

BAR SIV, per o... 27%

BERLIN BOURSE

(Special to the "Hong Kong 'Daily

Press" (Copyright).

Berlin, Mar. 4. Although the

confident tone which prevailed last week соди tinued in the sharemarket on Monday, prices showed a vacillat- ing tendency and the volume of business done fixed

LINERS

are

13

PRESIDENT LUXURY LINERS

ін

with Every Stateroom, Outside, Large and Airy, One thing about traveling an President Liners, entirely aside from their speed and the stopover advantages of their fre- quent sailings, is the luxury of spacious staterooms. All are outside, with deep-springed beds and every modern conven- ience...adding the comfort of a fine hotel, with excellent food and chaining public rooms, to er trip with good companions.

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

Yokohama Fortnightly sailing Pres. McKinley. Mar. 16,6 .. Pres. Grant Mar. 50, & a

Fortnightly sailings

Pres. Wilson ...far, 13,6a.m. Pres. Hoover. Mar. 23, Noori Pres. Lincoln...Apr. 9, Maight Fres. Coolidge... Apr. 20, Noon Prea. Cleveland. May 7, M'night

|EUROPE, NEW YORK

Inquire fur round-trip dekade to Barope in connection with Lloyd'Triortino, Vis Manila, Singapore, Ferang, Colombo Bombay, Sner Canal Alexandria, Naples, Ganoa, Marseilles.

น

Frea. Garfield ...Mar. 8,5 sím. Pres. Polk... Mar. 30, 8. Pres. Adams Apr. 19, 8 mm), Pres Harrison Apr: 97, 8 s.m. Pres. Hayes......May 11, 8 a.m.

|

:

Pres. Jefferson... Apr. 13, 6 s.10. Frea. Jackson....Apr. 97, 6 a.m. Pres. McKinley, May 11, a.m.

MANILA

THE MOST FREQUENT

SERVICES

Next. Sailings A

Pres McKinley, Mar. 9, 6 pmê Prea. Boover, Mar: 14,0 p.m. Prez. Garfield... Mar. 18, 8 am, Pres Graat. Mar. 23, 5 pm. Pres. Polk.... Mar. 30, 8 am,

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

FARDER BUILDING-HONG KONG,

"OʻNTON BRANCH :—4, STAZEB ROAD,

CONSIGNEE NOTICES.

HAMBURG-AMERIKA LINIB.

NOTICE TO CONSIGNEES.

(DE 5.8.

"PREUSSEN"

THE was small. The Interest securities market having arrived, from Hamburg and was also dull though the tendency Forts of call, Consignees or Cargo are was firm on the whole, a number hereby notified that thair Goods are of municipal bords advancing being landed and placed at their rink slightly.

into the Hong Kong and Kowloon Whari and Godown Company's godowns "at Kowloon, where delivery

Transocean Kue Min.

REICHSMARK QUOTA- TIONS

[Special to the ""Hong Kong Daily

Press" (Copyright).} \\

Berlin, Mar. 4., Reichsmark quotations (without guarantee) :—

obtained as soon as the Goods are landed Optional Cargo will not be landed bere, unless Notice has been given 48 hours prior to vessel's arrival, but carried on from port to port to the final port of call to which the option extende.

No Claims will be admitted after the

Goods have left the Godowns, and al Goods remaining undelivered after the 11th March, 1936, will be subject to Rent

Leipzig, Mar. 4 Emphasising that Germany is de- termined to work out her own sal- vation in the economic sphere, the Reichsminister of Economy and Reichsbank Fresident, Dr. Schacht gave a highly interesting account Buyers were bidding after the of Germany's economic polley in opening at 2/0 13/16 receding to an important speech, delivered on 2/01, leading to business at 2/0 Monday evening at a meeting 11/16 for May. 2/01 May and organised by the National-Socialist 2/09/16 April At this stage Party's economic commission in the market weakened

consider one of the large exhibition halls ably owing to 2 general de in Leipzig Fair.

and business was done Reiterating his well-known thesis as low as 2/01 for forward that the economic depression, delivery: A reaction then occur- which he reminded his hearers is red and the selling rate Fcse al- now in its sixth year, is solely most immediately to 2/0 3/18 with attributable to the political after- a fair amount of business done at effects of the World War, Dr. 2/04 for cash, 2/0 5/16 and 2/0 Schacht painted out that Germany forward and near. At this lever before the war was a creditor buyers came cut again and tran- ¦ nation with debts due to her from sactions were arranged at 2/0 abroad amounting to 25 milliard 5/16, 2/01, 2/01 and 2/0 1/18 for marks while, difteen years later various deliveries except for 2/9 the Reich become a debtor nation SINGAPORE RAW RUBBER not-be-recognised, 1716 which was arranged for near † with 25 miliard marks of foreign delivery. The market closed at 1 obligations. This sudden Inversion pm with seller's at 2/0 for cash of German balance payments by and 2/0 1/18 April/Jane, buyers 50 milliard marks would alone at 2/0 March/May and probably have been sufficient to shake the world economy to its foundation since the Reich's share in the world trade in pre-war days amounted to 13 per cent.

"Germany has done everything

M

June.

U. 8. Dollars

The market started with buyers at 491 but the buying rate gra- dually receded to 481 for near delivery. A reaction then occur in her power to adapt herself to red and business was done at 481 the changed conditions to pay her for near delivery. The market debts but the success

of these closed at 1 pm with sellers at 48 for near, buyera probably at 484 for cash.

efforts is jeopardised by foreign countries resorting to trade restric- tions, currency and dumpinga - Shanghaat Dollars.

Some of our creditors even pro- Sellers, were quoted at 1213 for ceeded to apply the clearing" near delivery."

system, thereby dealing another, severe blow to world trade. Bince the clearing system resulted more and more in the disappearance of

Shanghai Market.

New York Paris Amsterdam

Paris Sterling Dollar Transocean Kuo Min.

40.76 .610.22 .59.41 ...71 .14,995

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on 9th March, 1935, at 10 mm. by qu Surveyors, Mesars. Goddard & Douglas To comply with the General Bonded Warehouse Regulations, consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined.

CONSIGNEE NOTICES.

CONSIGNEES' NOTICE.

THE BURNS, PHILP LINE.

From MELBOURNE, SYDNEY, BRISBANE, SÁLAMAUA, BABAUL SANDAKAN AND MANILA.

!

The Steamship* NEPTUN.”

CONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hazardous and/or extra hazardous Godowns of the Hong Kong and Kowloon Wharf and Dodowa Co., Ltd, hence and/or from the wharver Delivery may be obtained.

No Claims will be admitted after the Goods have left the Godowa, and all Goods remaining andelivered after the 11th Mar., 183, will be subject to Bent

All Claims against the Steamer must be presented to the Undersigned on or before the 25th March, 1985, or they will not be recognized.

To comply with the General Bonded Warehouse Regulations, consignees must have a Revenue Officer in attendance when damaged dutishle goods sia examined

All broken, chafed and damaged Goodm W are to be left in the Godowns, where they will he examined on the th March, 1935, at 10 am, by Mess Goddard & Doggias.

All claina must reach us before the 4th April, 1935, or they will

No Insurance will be effected. Messrs. H. B. Joseph and Co., re

Bills of Lading will bercountersigned by ceived the following Straits Cur

JEBBEN O00,, rency quotations from Singapore Hong Kong, 4th March, 1985, Agents." for Raw Rubber

Spot April/June

July/Sept. Market-Dull, «

21 down 1 217 donw†

211 down

Meisra. Benjamin & Potts

received the following Straits cur- Messrs. Benjamin & Patts have

rency quotations (buyers) from singapore to-day for Raw Rubber

201 down 4 ct. 214-down ct.. 23 down ct.. 241 down & ct.

Spot April/June July/Sept. Oet./Dec. Market-Easier.

PRINCE LINE.

NOTICE TO CONSIGNEES

No Fire Instirance has been affected; Bills of Leding will be countersigned.

by

[8301

GIBB, LIVINGSTON & Co, LtDigi

Agenta. Hong Kong, 5th March, 1935. [3806

FROM 'NEW YORK, AND LOS ANGELES

THE Motor VezséÏ ́

CINGALESE PRINCE”:

The market opened uncertain with sellers at 1/8 for near and 1/8 April. The market then our favourable trade balance with for the production of raw materi-haring arrived from the shove Port on weakened and advances received our European customers and since als needed by its industry. It is barely informed that their Goods are Ist instant, Consignees of Cargo, sre before lunch indicated sellers at the remaining surplus is practically evident to-day that the transfer being landed at their risk late the 1/7 11/16 for near and 1/7 9/19 confiscated for payment of ser problem would be far easier to Godowns of the Hong Kong and Lowican April. Weak US Dollars, there vices for our foreign debts, we solve if Germany had her exontes - Wharf and Godown Company, Lámited were sellers early in the morning have no choice but to buy raw since she would then be able to Kowloon, and stored 1st Conngness risk ai 404 for near and 401 April and materials where we can get them produce within her domain and her all broken, chafed, and damaged Goode cables received before 1pm. in-in exchange for German goods. own currency, a considerable part are to be left the Godowns, where deated the market as being weak The determination to decide our of raw materials for which she is they wil be mamined on Saturday, with sellers offering only 391 for own destiny led us to introduce now compelled to pay in foreign 9th instant, 1988, at 10 am cash and 38% for April delivery.

the so-called new plan for our currencies. trade policy which I announced

IN THE AFTERNOON'

Sterling

In conclusion, Schacht war

alx months ago on the occasioned the German industry not to The market was on the weak of the Leipzig Autumn Fair and neglect the export business since side, Sterling business done at which is based on the principle of the present boom in domestic 2/01/11-15/16 1/11 1/114, not buying anymore than can be markets which as he pointed out 1/118, and 1/11 9/16 for various paid for and of buying chiefly was brought about not by private deliveries, closing with sellers at things urgently needed." y enterprise but solely by the State 1/11 11/16 March/June, buyers at

and with the State funds could 1/114 March/June.

not endure unless every German Dr. Schacht also touched upon business concern US Dollars business done at the colonial problem, declaring liveliest Interest in the mainten

Is taking the 47) for near-delivery. Closed, that it was becoming clearer every ante. OL

US Dollars

COLONIAL PROBLEM

trade

'arean

with sellers at Ali, buyers prob- | Gay that an industrial country- ably at 47 3/18 for cash,

cannot do without c

German 5% SIDOFI

|

and expense.""

All Claims must be presented within

AGENCIES.

The London Office of the HONG KONG DAILY PRESS, 68. FLAT BEAT, ECA is constant- ly realiving Enquiries from Home Manufacturers regarding Buitable Firms to act as Agents for their producte im Beng Kong and South Chma.

If local Companies desirous of taking

ap further Agencies will let u know the Times in which they are interested the information will be forwarded to London and passed on to interested parties as op portunity offers.

15 Days of the Yousel's arrival here, after which date they cannot be To This cognized, and

No Claims will be admitted after the Goods here left the findowns, and all Goods remaining undelivered" star, the instal, 1885, will be subject fo No Fire Insuration has been effected Bill of Lading will be countersigned FURNESS (FAR EAST, LTD.

Holding

Telepho Hong Kong, 4 March 1985

Service is offered to

ithout cher obligation

(sad

sired Information abould be

sent to HONG KONG DAILY FRIES,JAD