1935-05-01 — Page 13

LLOYD TRIESTINO

FLOTTE DIUNITE LLOYD TRIESTINO-MARITIMA ITALIANA-SIZHAR

EXPRESS PASSENGER SERVICE FAR-EAST-INDIA-ITALY SAILINGS 1935.

For Shanghai

s.. "CONTE ROSSO", 4th May 8.1." CONTE VERDE"... lat June 89." GANGE"

4th July a.s." CONTE ROSSO”

... let Aug. 1st Sept. 1.5. "CXONTE VERDE”.

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

(London by rail) & Trieste.

8.5" CONTE ROSSO"...19th May B.B. "CONTE VERDE"... 9th June, .... 19th July' 3.5. "GANGE"

9th Aug. 9.5.CONTE ROSSO" 8.4. "CONTE VERDE"... 9th Sept.

For Fall Particulars and Reservations of Accommodation Apply to:-

"

LLOYD TRIESTINO

Queen's Building, Ground Floor.

Telephone 32081. “

Tol. Add: "LLOYDIANO"

P. O. Box 143.

Agents in CANTON

DODWELL & CO., LTD., SHAMEEN,

M.V. "NEPTUNA"

HONG KONG DAILY PRESS, WEDNESDAY, MAY 1. 1935.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

A little more interest in the market was evinced to-day Trams being in demand at $12 after sales at this "rate.. Wharves changed hands at $85 and Elec- trics at $61. Banks and Unions continue in demand at 1975 and $350.

BUYERS

Hotels. $4.05. China Lights, $8.70. Electrics, $61.

SELLERS

H.K. Fire, $200.

H.K. Steamboats, $8. Raubs. $51.

Wharves (Ex. Rights), '$89.

Yaumati Ferries, $22.

Sandakan Lights, $6.

Telephones (new), $9.40.

Dairy Farms, $18.

Vibro Piling. $5, Wallace. Harpers, $6

SALES

Hong Kong Banks. $975/980. Wharves, (Rights), $10.

Hotels, $4.10, $4.

Hong Kong Trams, $123.

China Lights. 58.80/81

Electrics, $61.

Telephone (old), $20. Canton Ices. $1.80.

LONDON EXCHANGE RATES

Amsterdam Athens.....

Belgrade Berlin Bombay Brussels ..... Bucharest Buenos Aires Copenhages Genera Helsingfors Hongkong Lisbon .... Madrid

Milaa Montevideo

{{Britten' WirRELMES · SERVICH. I

Apr 2

507 S.

*11.98

275. Drachmas 505 8.

Sterling Parity Apr 27..

18.10 Florins1.7.124

$76,316 Dinars

90.45 Marks 11.99

404 S.O.

4.854

I od. per Ruper

33. Bel

813,568 Leż

28.40 475

47.58d. per Pend 19.159 Kroues

25,2% Francs 14.88

193.23 Marke

2/6 9/16

14.89

2/5 7/18

110 Esendo 25.221 Peseta -35 7/32 99.46 Lira 584

.....30.88d. per Pesa

Montreal

587 Dollars 4.841.

New York

4.987 Dollar

4.82

0.10

18.150 Kroner

Prague

Rio de Janeiro

124.81 Francs 72 31/32 164.25. Kronen £0.950. per Oold

'79 5/64

1154

115

Milreis

1/8

1/81

18.159 Kronor 34.56 Schillings

25+

253

24.598. per Yon

1/2 5/82

351"

Silver forward)

351

21%

34 1/16- 31% 1057 ED.

Paria

13-

Closing Quotations

April 30 1935

ON NEW YORK:-

28.46 '477h (2)

354 (1) 1 58 7/16

4.83 5/16

Bank Bills, on demand ski Credits, 60 days' right. 61) ON BATAVIA-

On demand ON PARIS:

............... $5).

Bank Bills, on demand 8×21. Credits, 4 months' right, 03:1

UN LONDON: --

Telegraphic Transfer... Bank Bills, on demand Bank Bill, months'

might

2,5

Credita, four months'

1

sight

2/64

ON SHANGRAID-H

UN SAIGON-

140

On demand

ON MAÑERLI-

1031

On demand

17

ON BANGKOK

On-demand

2041

On demand

SOVEREIGNS, Bank Buying

Rate Täna

9/6

BAR 8117, per os....... 34 1/16

PRESIDENT LINER TRAVEL SERVICE

Extends To Every Port You'll Touch

Wherever you may travel.........to Europe through the Suez, ka the Pacific Coast of the United States, to New York via the Panama Cemail, or up or down this China Cocist, you'll find !), an American Mail Line and Dollar Steamship Lines office or agent to serve you whenever you set föot on shore...Pion to take advantage of this world-wide unique service that is free.

via Shanghai, Fobe, Yokohama, Honolulu

Fortnightly smilings

To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 DAYS

via Shanghai. Kobe. Yokohama Fortnightly railing Free, McKinley May 11, 1 am Pres, Grant ... May 18, 1 am, Pren. Jaderson Jane 7, M night. Pres. Jackson June 1, M'night Prex. McKinley July §, M'hight

Pres. Cleveland May 7 Might Pres. Boover...May 18 Noon Pres, Taft June 4, M'oight Pres. Coolidge...June 18, con Pres. Pierce aly 3, M'right'

EUROPE, NEW YORK

Inquire for read-trip tickets to Europe In connection with Lloyd Triestino. Via Manila, Singapore, Panang, Colombo Bombay, Suez Canal Alexandria, Naples, Genoa,

Marseilles.

Pres. Hayos... May 11, 8am. Pres. Johnson ....... May 95, 9am. Pres. Monroe Jure 8, 8 ID - Pros. Van Buren..June 9, 82. Pres. Garfield...July 8, 8am-

|

MANILA

THE MOST FREQUENT SERVICE

Next Sailings Pres, Cleveland. Apr. 30, 6 p.m. Pres. McKinley..May 4, 6 pm. Free Broser. May p.m. Pres. Hay .. May 18 a.m. Pres. Grant May 18, 6

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

Shanghai Stockbujm Vienna... Yokohama...

Silver (spot)

War Loan

PASSENGER & FREIGHT SERVICE TO AUSTRALIA

Next Sailing about 18TH MAY

for Saigon, Manila, Sandakan, Rabaul, Salamaua, Sydney & Melbourne,

First Class Fare to Sydney:

Single: £47.10.08.

Apply to:--

Return: $78.

GIBB, LIVINGSTON & CO., LTD. Agents.

P. & C. Building.

:

PROGRESS

Better Times are Ahead Are you ready to reap

the benefit?

Only by consistently advertising your goods can you hope to resp the benefit that better business conditions will certainly bring you. And what better medium than the

M

SOUTH CHINA DAILY NEWS

(NAM WAH YAT PO)

Whose daily circulation of 18,000 reaches modern and progressive Chinese in both Hong Kong ard South China.

A great favourite with young and modern bina on account of the excellence of its sporting news and authoritative political articles, the South China Daily News is too valuable a medium to be left ont of your appropriation.

For Rates Apply To The Advg. Manager

1

South China Daily News (Nam Wah Yat Po)

'1

49.81, HOLLYWOOD Roin, HONG KONG.

TEL. 25612 & 28284.

BERLIN BOURSE

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

The

Berlin, Apr. 29. firmness of the share- market on Saturday raised the expectation that the dullness pre- vailing all of last week would be a brisker bourse on followed by

These hopes Monday onwards

the -share- proved unfounded, market being weaker than ever, investors add operators both showing extreme caution,

Fixed interest securities

ના

CABLES "SWENONIS "

REICHSMARK“ QUOTA-.

TIONS

[Special to the "Hong Kong Daily

Press" (Copyright).3:

Berlin, Apr. 29. Reichsmark quotations (without guarantee):-

New York Amsterdam Paris London

Paris Sterling

Dollar

Transoce in Kuo Min.

.40.37 ..50.82 „8103. ..1005 73.10

15.1225

were Potash rose to 1591, German also unsought but, price level Steel Trusts weaker to 77, continued steady,

German Mineral Oila improved Call Money 3 to 3, Young Loan to 1051 Siemenshalake advanced Lower to 102. Reichsbank de-1 to 149 Bemberg Rayonbet clined. to 1581. Dyetrustster to 114

weakened by to 144, Balzdefurth Transocean Kuo Min..

THE EXCHANGE

·MARKET ·

MESSRS. ROZA BROS.

A further drop of 1.1/16d. was registered in London yesterday, the quotations being 34 1/16 for Ready and 34 3/16 for Forward. Silver advices reported specula- tors as

On Demand

ON SINGAPORE:--

On demand

ON JAPAN:-

ON INDIA:-

Telegraphic Tranaler... '/ Bank, on demand...160

having operated both FOREIGN TRADE

ways. Towards the

close -busi-

was

ness was reported at over the quoted rates. The market firm In America the rate was lower at 754 for Spot.

The London/New York CIDSS- rate was quoted at 483) and New York/London at 4.841.

Sterling

Exports In 1934

U.S. CURRENCY

POLICY

Higher Price For Silver

PIDERE BUILDING-KONG KONG. CANTON - BRANCH !—4, SHAKIN ROAD,

VESSELS DUE

Africs Maru, 0.8.X., May 4. Agra, Glman's, May 28. Ajax, B. & 8., May 10. Alster, Melchers', May 16. Benreoch, Gibb's, May 4. Bennevis, Gibb'e, May 7. Bintang, East Asiatic Co., May 8. (Special Air Mail Service)

Bonneville, Jebsen's, May 6. Chenonceaux, Messageries', May 4. London, April 18.

City of Bristol, Bank Line, May 9. At the annual general meeting

City of Dalhart, States Cu., May 10. - Market,

Special Air-Mail Service of the Federation at British Indus-

City of Eastbourne, Bank Line, May 2 Opened steady but subsequent-

Joseph was Sir Francis

London, April 18.

City of Wellington, Bank Line, May 4 Towards 1 ly firmed à up.

p.m. tries.

The proclamation issued, by Pre-Conte Rosso, Lloyd Triestino, May 4. demand elected president of the Federation there was a little more

a shade for the coming year in succession siden: Roosevelt, reducing the seiz- D'Artagnan, Messageries, May 18. and the tone appeared

to Lord Herbert Scott. The vice-

norage charges on silver from 50 Donau, Melchers', May 31. easter.

Empress of Asia, C.P.S., May 31. presidents were re-elected with the

to 45 per cent., and thus raling

Earp. of Japan, C.P.S., May 10. additions:-MI, J. L

the yield to the producer to Opered with sellers at 2/5 following with business done at 2/5 for Ferguson, joint managing director 71.11c. an ounce, is interpreted Empress of Russia, C.P.S., May 1.

Friceland, Jebsen's, May 7. here as a blend of an attempt to General Pershing, Staler Co., May 3. July delivery. The selling rate of Lever Brothers. Limited, and Mr. then rose to 2/53 at which rate P. J. Hannon, M.P, director of raise commodity prices, a desire General Sherman, States Co., May 17,

and Birmingham Small Arms, Limited.

to placate the silver "bloc" in Con- Glenean, Jardine's, May 3. business was done for near

Lord Herbert Scott, reviewing.

expectation that Golden Dragon, States Co., May, M. forward followed by transactions at 2/5 13/16 and 2/5% for near the events of the past year, saldress, and an

also that the methods, of finance which thus further silver legislation can Golden Mountain, States Co., May 1.

Haining, Douglas', May 2.3 be prevented. and forward 2/5 15/16 was

Heitor, B. & 8., Jász 23. Early to-day, however, the arranged for July delivery. To- had been adopted and maintained wards 1'p.m. the market eased by the present Chancellor of the

the Senate Agriculture Commit- Hosang, Jardine's, May 2. off and offers at, 2/5% were ac-Exchequer, had gone a long way 1

tee sent to the floor with a fav. Trisbank, Bank Line, May:22.

Javanese Prince, Furness, May i. cepted for July delivery and 2/5 restore

ourable report the Bill of Senator Jeypore, P. & O., May 2. 13/16 was done for near. The

Wheeler, of Montana, one" of the Moncalieri, Lloyd Triestino, May 9. silver-producing States, which Mosel, Melchers', May 9. market closed at lunch time with

would make mandatory upon the Neptuna, Gibb's, May 14. Treasury the purchase of 50,000,- Oldenburg, Jebsen's, May 13. 00002 of silver a month until Oliva, Jebsen's, May 4, the meta had been estabaked Patrocius, B. & S., May 8. at a ratio of 16 to i with gold. Peter Haerak, Jebsen's, May.10.

Perseus, B. & S., May 20.. This was followed by a statement Porthos, Messageries?, May 7. from Senator Elmer Thomas, of President Hoorer, Dollar's, May 9.

sellers at 2/53 May. 2/5 13/16 June/July, buyers at 1/16 higher respectively.

י

U. 8. Dollars Opened with sellers at 59; with business done subsequently

at

59 for near, 60% for forward, 80 for June and B0 7/16 August. Towards 1 pm. offers at 601 were accepted for Juce delivery, clos- ing with sellers at 80 May, 601 June and 60 3/18 July, buyers a 1/8 higher respectively.

in

the

Oklahoma, that if the measure Pyrrhus, B. & 8., May 7.

pubile

confidence an. credit, both at home and abroad.

Referring to foreign trade, he said that in spite of increasing difficulties abroad, particularly in Europe, arising from exchange.con- trols, import quotas, and the like. exports or British goods to oversea markets increased in volume by per cent. In conformity with the recovery in industrial activity in Great Britain, our purchases of

failed to pass as a separate piece Rajputans, P. & O., May 15. raw material rose by approximately

of legislation its content would be Ranchi, P. & O., May 5. an equal amount in volume. Our

added as a "rider" to some other Banpura, P. & O., May 1- exports to Empire countries con

Bilk-that, in fact, the movement Saarbrucken, Melchers, May 5.

Sachsen, Jebsen's, May 24, tinued to increase, but the statisto bring about currency inflation Santis B.J. (Apear), May 14. Shanghai Dollars.

tics still suggested that the oversea by this means would be vigorously saperland, Jebsen's, May 23. for countries of the Empire were reap Sellers were quoted at 194

pressed. Senator Key Pittman Shaating, Gilman's, May 3. cash.

ing at least is great, if not greater, predicted thaa silver stabilization Silvercypress, Farness', May 17. Shanghai Market.

advantages from the Ottawa agree-i could not long be deferred, and set Somali, P. & D., May 19. Opened with sellers at 1/8 and ments than certain British Indus- aside as "utter rot" a suggestion Somerville, Bank Line, May 21. closed at 1/8 9/15 for near de- tries had experienced:

that China and Chinese trade with Talthybius, B. & B., May 5. ilvery.

Considerable progress The highest rate done

the United States would be harm Taiping, B. & A., May 9.

Takada, B.I. (Apcar), May 8. was 1/81 for cash Steady, U.S. elaboration of our tarif schedules

ed by recent movements in the Tands, E. & A. 6.8. Ch., May Dollars opened with sellers at 41 was made during the year, but silver market.

Tancred, Thoresen's, May 6. 5/18 and closed at 41 9/16: The even so, imports tended to increase

Tara, Thoresen's, May. 25. highest rate reported was 411 for faster than exports. This had

Tjibadak, J.C.J. Lina, May 28. near.

occasioned considerable concern in Steady but quiet.

certain industries. It must not,

Tjikarang, J.C.J. Lane, Hay 11. IN THE AFTERNOON

Tjinegara, J.C.J. Line, May 14. however, be overlooked that the

Tjikembang, J.C.J. Line, May

The market weakened in

increase in imports was, in the afternoon but towards the

main, occasioned by the increased reacted, finishing "steady.

demand for the raw material and increased Sterling

manufactured goods-including ma- one-fourth To-day the Treasury There were buyers after

chinery-which arose in connection. announced that the value of galá opening at 2/5 13/18 for June

now held is $8,807,041,288 [£1,721,-

EL B. JOSEPH & CO. with the expansion of British In- but the buying rate gradually re-

dustrial activity.

408,257 On March 29 the Trea

Messrs. H. B. Joseph and Co., re sury possessed 1,104,500,000oz of celved the following Straits Cur- ceded and business was done at 2/5 11/16 for July and August,

silver, compared with 691,483,0850zrency quotations from Singapore 2/51 July and August and later

May 25, 1934 immediately befor Raw Rubber fore the passage of the Att; mare 2/51 was dore for July and 2/5 6/16 for near. Towards the close

than half of the increased hold- the market reacted and business

Ings having been acquired by pur- was done at 2/5 7/18 for May

chases in the world open market and 2/5 9/16 for May, finishing

by the intermediary of the $2,000,- with sellers at 2/51 May. 2/5

000,000 Stabilization Fund. AC- 9/18 June and 2/5 July, buyers

cordingly, more than 1,000,000,0000%. probably at 2/5 9/16 for

must still be acquired in order to 2/5 June and 2/5 11/16 July."

carry out the purpose of the 1934 U. S. Dollars,

policy. Business wis doce at 60 for 59) and July and, subsequently 501 were arranged for forward delivery. The market closed with seller at 59 May, 59 9/10 Junë and 58 July, buyers at higher respectively.

the close

the

near,

H.K: SHAREBROKERS* ASSOCIATION-

BUYERS

Bank of East Asia, $80, Nat. Com Bank, $41. Douglases, $38. Waterboats, SIÎM Bagulo Gold, 20 cts. Peak Trams, $3 "Entertainments, 35,

Constructions (new), 35 cts,

* Nanyargs, $4.25

Gold Bonds; ·92%. Govt. Loan 31%, 2%.

HUYERS Humphreys, $9.20.

PROPORTION INCREASED The Silver Purchase Act of 1934 declared it to be the policy of the United States that the proportion of silver to gold in the monetary stocks of the country should be until it amounted to

Constructions (new), 40 ets.

·BALES" 'Antamoks, 66/67 cts.

Trams. $121/12.45. Electrica. $61.

Singapore Prices

CONSIGNEE NOTICES.

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.

CONSIGNER NOTICE

it

SS. "KOUANG,SI“

BRINGING CARGO. Fox. ROTTERDAM, DUNKERQU;

ANTWERP & LONDON.

MONBIGNENS are hereby informed that their goods with the exception of Opism, Treasure and Valuables 2:0 being larded and stored into the Go- downs of Horg Korg, Kowloon Wharf Godowns Co., Ltd., Kowloo, whence delivery may be obtained immediately after landing.

All chins must be sent in to me on or before the 6th May, 1975, or they will not be recogniud."

11

Goods remained unclaimed after the 4th May, 1835, will be subject to storage, charger.

Damaged Packages will be examined by the Company's Burveyor, Mersr Goddard & Douglas in the presence of the Consignees at 10.00 a.m. en Friday, 3rd May, 1935.

Consignees must have a Revenue Officer in attendance when any damng- ed dutiable goods are examined by the Company's Surveyors

No Fire insurance will be effected by us in any case whatever,,

R. OEL Agent. Hong Kong 29th April, 1936.

(8479

HAMBURG AMERIKA LINIE.

NOTICE TO CONSIGNERS.

M.V

EAMSES"

having arrived, from Eurore and Ports of call, Consignees of Cargo are hereby notified that their Goods- kre peing landed and placed at their risk into the Hang

& Kowloon Wharl & Godown

Podowns at Kowloon

may be obtained B002 the Goods are landed

Ophional Cargo will not be landed here, unless Notice has been given. 13 hours prior to Vessel's arrival, but carried on from tort to Forto the final polé of call to which the option extendit * No Glaims will be admitted after the

·Bib

Goods have left the Godowns, and All Goods remaining undelivered after the

1530, will berehjest Bent

All broken, chafed and damaged Goode" are to be left in: the Godowes, where they will be, szamined on 4th 1-26 at 10 day by our

Messrs. Goddard A Douglas. O TE

Bayers Sellers Spot

19. downt 191 July/Sept. 201 down 1 201 D

Oct/Dec 211 down 1 211 Market. Dull. S

⠀⠀ To comply with the Gederal Bonded. BENJAMIN AND POTTS

Warehouse. Hegulations bos signes most Messrs. Benjamin and Potta have Share

hayo ■ Reremus Ufioer in a tamlanco received the following Straits cur- ; when dams, od 2 difiable - goode are i rener quotations (buyers) from examined PAT Singapore yesterday for raw All Claims rubber."

Spot

181 cts. down 1 ch May/June 198 cts down 1 c. July/Sept. 209 cte down #ch Oct Dec 211 ct down co MarketKaster

u betore the

not

ence will be affected.

will be countersigned by

·Billa o

ong Kong, 28th April, 1935.