1935-07-10 — Page 13

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO-MAZITIMA ITALIANA-SITHAR

EXPRESS PASSENGER SERVICE

FAR-EAST-INDIA-ITALY.

SAILINGS 1935,

For Shanghai

BS. "CONTE VERDE".... 1st Aug. 3.8. CONTE ROB9” 1st Sept. 8.8. "CONTE VERDE"... 3rd Oct.

For Singapore, Colombo, Bombay. Suez, Port-Sald, Brindisi Verico, London by rall) & Trieste. 9,8. "CONTE ROSSO". 14th July 1.8. “CONTE VERDE... 9th Aug. 5.8. "CONTE-ROSSO" ... th Sept ́1.8. “CONTE VERDE” .....11th Oct.

. For Full Particulars and Reservations of Accommodation Apply to:-

LLOYD TRIESTINO

Queen's Building, Ground Floor.

Tal, Add." LLOYDIANO"

Telephone 83081.

Agents in CawTON S--

P. 0. Box 143,

DODWELL CO., LTD., SHĦAMEEN,

HONG KONG BENEVOLENT SOCIETY

All donation gratefully received by "the"

Hon. Treasurer Mrs. Wynne Jones;

404, The Peak.

Old Clothes at

The Daily Press Building

Mondays & Thursdays.

BERLIN BOURSE

[Special to the "Hong Kong Daily Press" (Copyright).3

Berlin, July 8.

MAY EXPORTS

Show Big Increase

(Special Air Mail Service:

London, June 22. This year continues to maintain higher standard of British

Share prices went on mounting on Monday, the turnover in special cases being considerable. | The stimulus in this case is at- tributed to the announcement or its further increase in the aggregate exports, when compared with 1934, deposits in the German Savings and. May followed the example of Banks and the greater sales of its predecessors with a big advance over the similar period a year ago.

Ruh coal in June.

เ

Although no great amount of business for Axed interest securi- tles was transatted prices showed

tendency to rise especially municipal loans

Call Money was Young Lean

at 21 to 21. advanced to 103,

The Board of Trade returns for last month, Issued to-day, give the following comparative details for these exports:

".

HONG KONG DAILY PRESS, WEDNESDAY, JULY 10, 1395.

H. K. STOCK

EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

With the further drop in Ex- change Banks and Unions Armed up to $1120 and $375 respectively. This Armness was also redected on the other shares which were in good demand the market closing

BUYERS

Eong Kong Banks, 51120... Union 'Insurances, $367). Baguio Gold, 23 cts. Benguet Consolidated. $11.

Itogons, 35 cta. -

Raubs, $5.80.

Wharves, (old), $779.

Wharves (new).\$744.

Star Ferries, $781

China Lights, $8,70,

Electrics, $587.

Telephones (old), 21.15. Telephones (new), $8, Singapore Tractions, 10/6. Singapore Trac. (Pref.), "22/6. Dairy Farms, ̈$154. Lane, Crawfords, $2.90. Govt. 4% Loan, 0% Prem Govt. 31% Loan, 3% Prem.

SALES

HK. Fires. $200.

Sandakan Lights, $34. Cements, $51.

Constructions (new), 70 cts. Waltace Harpers," $4."

SELLERS

Hong Kong Banks, $1100. China Lights, $9.80. Electrics, $58/59. " Lane, Crawfords, $3. Entertainments, $4.

Govt. 4% Loan, 6% Prem.

THE EXCHANGE MARKET

MESSKS. HOZA BROS.

Silver prices dropped 1/4 yeater- day for both deliveries, the quo- tations being 30.7/16 for rear and 30 9/16 for forward. India, China and speculators sold. The Amer- ican Government bought freely. The market closed steady. After the official fixing America contin- ued as a further buyer at 1/8 un- der the quoted rates

In America.the rate was lower at 88 for spat

The London/New York cross- rate was quoted at 4967 and the New York/London rate at 497.

Market

May 1935: £35,206,862.

Opened weak and subsequently April 1935: £33,009.604. May 1934: £32,759,140.

collapsed. Later the market ral- These figures show that tasted slightly but re-acted again Reichsbacks" rose to 191. Dye-month had an increase over Apri closing at lunch time on the weak trusts sprang 2 to 1541. Salzdet of £2,197,258, and over the pre- furth Potash soared 5 to 195. ceding May of £2.447,722.

Trusts leaped 1

German Steel

to reach a record price of 90. Ger- man Mineral Oils better to 112. Siemenshalske 1 firmer to 181. Bemberg Rayon advanced 17 122-"ransocenu Kuo Min

REICHSMARK QUOTA. TIONS

to

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

Berlin, July 8. Reichsmark quotations (without" guarantee);—

New York

Parts

Amsterdam

London

Paris Sterling

Dollar

Transocean Kuo Min.

40,40

609.5 59.18 12.285

74.83

15.0875

H.K. SHAREBROKERS' ASSOCIATION

BUYERS

Banks, $1110.

Bank of East Asie, $75.

-Unions, "$380.

Douglases, $35.

Antamoks, 70 cts.

Baguio Gold, 27) cts.

Beng Explorations, 13 cts.

Big Wedge, 10 cts.

Salacots. 11 cts.

Raubs, $5,70..

Vers Goldfelds, $225,

Lands, $34.

Wharvea (old), $76.

« Docks, $81.

H.K

Trams, $13. Yaumati Ferries. $58. Telephones (old), $21, Telephones (new), $8.10. Canton Ices, $1.40.

IMPORTS INCREASED

regard to imports the

Agures were:

With

May 1935: 64,532.286. Apru 1935: £59,843,805. May 1934: £61,796,611. The increase last month over

side.

: [

Sterling

2

LONDON EXCHANGE RATES

Belgrade Berlin Bombay Bucharest Brussela Buenos Aires Copenhagen Geneva Helsingfors Hongkong Lighau bqq ELAC Madrid Milan..... Montevideo

¿Bastion WinELMES SKAVIOS

Sterling Farity July

Amsterdam Athena

12:10 Florina 375 Drachan 976,316 Dinars 90.45 Marka 1 6d. per Rupee *** 36 Bolgan ....................... 813,568 Lei 47.58d. per Penc 18.149 Kroner ¥5,224 France 193.93 Marka

7.20

317 S.

July, 8.

1.28 515. S.

12.25

12.30

29:32

29.37

485

ዛ

15.11

15.14

3/21

2/21

110 Esendos 25.22) Pesetas

36 1/18

361

Montreal

New York

Oslo

Paris

Prague

Rio de Janei...

92.48 Lire 50.88d. per Peso 4.867 Dollars 4.907 Dollari 18.159 Kroner 194.91 Francs 184.95 Kronen 26.03d. per Gold

59 13/16

60 1/18

4.98 4.95

74 47/64 1101

Milreis

น

1/7 3/16

1/78

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

ON LONDON: -

18,150 Kronor 34.54 Schillings 24.581. per You

Closing Quotations

Jaly 9 1875,

10% NxW YORK --·

391 S.O. 4.97

4.96 13/16

74 59/84 1188

30 7/16 30 9/16 34 1064

Bank Bills, on demand 573 Credits, 50 days' sight. 547 ON BATAVIA I--

Telegraphic Transfer... Bank Bilis, on demand Bank Bills, 4 month

sight Credits, four months'

sight

On demand

768

: 218

ON FAXIS:**

Bank Bills, on demand 7921

2/21

Credits, 4 months' sight 837)

ON SHANGHAI ;~~~

ON SAIGON:-

On Demand

394

On demand

13

ON SINGAPORE:—

ON MAKILA;--

←:,3』k

On demand

10

ON BANGKO÷~~~~

On demand

10

Un demand

$7:

IN INDIA:-

SOTEZIONE, Bank Buying

Telographic Transier...

Hate

2/20

Bank, an demand ........... t

BAX NILY, per ca

BU 77 6

On demand

ON JAPAN:-

NATURAL RESOURCES

OF SHENSI

"An Abundance Of Products

[Special to the "Hong Kong Dal

sented only 9 per cent, of the total Press (Cungright).1

arable land, but in 1934 there was Nanking, July 2.

a remarkable increase by 80 per According to the announcement

cent. of the area devoted to cot- of the Government last week, 41

ton. According to the Cotton In- various native products will bene-dustrial Committee of the Nation- fit by the revised export duty, al Economic Council, the yield. while 88 other products will be mounted to 1,004,000 piculs, show- entirely exempt from the exporting an increase of 95 per cent, as tariffs. Although the export tariff compared with the preceding year. has not been entirely, abolished, steps towards that end are pro- gressively being taken.

MINERAL WEALTH

Of the mineral wealth of Shenal, petroleum is the most abundant, deposits being widely distributed In the north, includ'ng Yenchang. Fashin, Chungpu, Ichun, Chishslen and Michel where ou oozes out of the ground at about 50 different places. Although several efforts to tap this reserve have been made during the last 30 years, the results have not been satisfactory. Dur- ing recent years the output has averaged 7,200 cattles monthly in 1927 rising to 6,098. in 1933. Since

an

Investment of $100,000 was

The matter now rests with the native manufacturers and indus- trialists. How are they going to increase their trade abroad when the new revised export tariff is en- forced? Shensi, one of the North- Western provinces, has potentiall- ties which, I fully developed, The market opened with buyers would help to increase the export at 2/1 11/16 but, sellers were re-trade considerably. The central luctant to quote and a small offer part of the province, known as the at 2/1 was accepted for near de Kuan Chung and Han Chung, dis- livery. The buying rate then ra-trict, is fertile and well-watered, pidly receded and offers at 2/11 and rich in agricultural and forest made by the Planning Committee were accepted for near and for products, while the northern dis of the National Defence Commis- April was £4,688,481, while over ward followed by transactions at trict, though less productive, 18 sion, the yield is reported to be in- May 1934 It was £2,735,675.

Under the category

2/1 for forward and 2/1 1/16 for rich in mineral resources and creasing, and when the Helenyang- of goods

cash. wholly or mainly manufactured

At this stage, the market suitable for stock-raising, an in-Yuling Highway linking Wenchang re-acted and 2/13/18 was "on

dustry which yields a large quan- May are compared, the following September. Toward I p.m. the when last month and the previous offer for near, and 2/1 5/18 for tity of skin and furs annually.

is completed, further development of this oll reserve will be made are the principal increases:

WHEAT CROPS

possible, market again weakened and busi- According to investigation made

COAL DEPOSITS tures thereof. £372.073 increase; 2/11 and 2/1 for near, 2/0 for Reconstruction in 1933, the largest the north and south, the an- ness was done at declining rates, by the Provincial Department of non-ferrous metals and mann-

Coal deposits are found both in factures thereof, £167,848; Elec-ear and forward and 2/04 fox crop in the Kuan. Chung and Hanthracite at Chenan being regarded trical goods and apparatus,

August delivery. The market clos- Chung regions that year was as the best, and if communication £176,711; machinery, 448,083; ed at lunch time with sellers at wheat, amounting to over 1,300,000 facilities were provided to connect cotton yarns and manufactures, 2/0 for July/August and 2/03 for Plculs, representing about 48 per with the Lung-Hai Railway, this £212,700; vehicles,

September. buyers probaby at 1/8 cent of the total agricultural pro-deposit could be greatly developed. including locomotives, ships and aircraft, higher respectively.

ducts, with beans, barley,, and, rice £696,403.

The National Government through U.S. Dollars

next in order, which crops also the National Economic Council, The only large decline is in woollen and worsted yarns and rates declining rapidly to 521, at that year (in the 37 "hsten" where natural resources as well as bulid Opened with buyers at 531, the picals. The area of cottonfields facilities for developing Shens's amounted in all the about 1,300,000 has been trying to provide all manufactures, a total of £1.954.- which rate, a small business was reports had been received) repre- up a system of economic trans 401, being down by £246,005.:-

For the five months this year market weakened again later clos

reported for, forward delivery. The the increase in British exports has ing at 1 pm. with sellers at 61 for

extended from various quarters. portation. If co-operation can be aggregated £15,968,958 over the July/August and 51 for Septem- similar period of 1934, this year's her, buyers at 1/4 higher respec

there is great hope of increasing total being: £173,578,041 Of the tively...

export trade, increase, £14,345,506 is, in articles

Iron and steel and manufac

Shanghai Dollars

apparent as the result of the rise of 8 Annas in Bombay.

Sterling

The market opened with buyers at 2/01 but a small offer at 2/04

China United Preus (by mail),

PRESIDENT LINERS

are

LUXURY LINERS

13:4

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

TO SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days via Shanghai, Fobe, via Shanghai, Kobe. · Yokohama, Honolulu

Fortnightly mailings

Pres. Hoover. July 13, 10 am. Pres. Wilson.July 30, M'aight Pros, Coolidge..Ang. 10, 8 a Pres. Lincola.. Aug. 98, 8 a.m. Fres. Hoover. Sept.. 7, 68.0.

EUROPE, NEW YORK

Jaqairo for round-trip tickets to Europe in ennnection with Lloyd Triestino, Via Manila, Singapore, Penang, Colombo. Baribay, Suez Canal Alexandria,

Naples, Genos, Marselles, Pres. Polk.........July 20, 8 a.. Pres. Adams Aug. 3, Sami. Pres. Barrison "Aug. 17,8am. Pres Hayes Aug. 31,8 mm. Pres. Johnson, Sept. 4, 8 am,

Yokohama

Fortightly sailing' Prea, Grant... July 10, M'night Fres. Jefferson.. Aug. 2, M'night Pres. Jackson Aug. 18 M night Pres. McKinley Aug. 30, M'night Pres. Grant...Bept, 13, M'night,

MANILA

THE MOST FREQUENT SERVICE

1+

Next Sailings

Pres, Grant... July 13, 6 p.m. Prem Polk... July 10, 8 m Pres. Wilson.....!uly 23, 6 pm. Pres, Jefferson. July 27, 6 p.m. Pres. Coolidgo...Sept. 1. 9pm.

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PEDDEZ BUILDING— HONG KONG.

CANTON BRAMOR, SHAKE ROAD,

VESSELS DUE

Afriks, E.A. Co., July 30: Alaska Mar, 0.3.K., August 4. Andre Lebon, Messageries, July 16. Anna Maersk Jebsen's, July 19. Arabla Maru, 0.5.E., August 5. Bangalore, P. & O., July 19 Behar, P. & O., July 29, Bendaran, Gibb's, July 10. Bengal Maru, N.YE., July 14. Buenos Aires Mara, 0.8.K.; July "23. Canton Maru, 0.8.E., July 10.

Changte, B. & S., August 9 Carthage, P. & O., July 12.

Chile, E. & A. Co., July 25, City of Elwood, States Co., August 14 City of Hereford, Bank Line, July 31. City of Khion, Bank Line, August 9. Conte Rosso, Lloyd Triestino, July 12 Conte Verde, Lloyd Triestino, Aug. 1, Corneville, Bank Line, July 25. Deucalio, B. & S., August 2. Diomed, B. & 8., August 12. Durban Maru, N.Y.K., July 13. Empress of Asia, C.F.S., July 17. Emp. of Canada, C.P.S., August, 2.- Emp. of Japan, C.P.S., Jaly 10. Emp. of Russia, C.P.S., August 14. Foylebank, Bank Line, July 24. Felix Roussel, Messageries, July 12, Franken, Melchers', August Friderua, Melchers', July 25, Fukuken Maru, 0.6 K., July 20 General Lee, States Co.,.. August 9. General Sherman. States Co., July 19. Gertrude Maersk, Jebsed's, July 21. Golden Star, States Cr., August 2 Haitan, Douglas', July 11. Havana Maru, O.S.K., July 20. Havre Mara, 0.S.K., July 19. Helenus, B. & S., July 15. Hallas, Theresen's, July 12. Helios; Thoresen's, July 29. Hiram, Thoresen's, July 27. Hozan Maru, 0.8.K, July 17: Isar, Melobers, July 10. Iwatesan Maru, O.S., August 3. Kaisar-1-Hind, F. & C., July 10. Koeln, Melchers', July 24. Kunsang. Jardine's, July, 16. Kwansai Hara, 0.8.K., August 9. Leverkusen, Jebsen's, July 12, Lycaon, B. & 8 July 29.. Lyons Maru, N.Y.K., July 17. Mantei Maru, 0.8.E, July 19. Melbourne Maru, 0.9.K; August 0.. Menastheus, B. & B., July 18. Mirzapore, P. O, July 16. Nagare, Gilman, July 24, Monte Piana, Lloyd Triestino, July 20. Nalders, P. & O., August 7. Neckar, Melchers, August 9. Neptuna, Gibb't, July 27.

Patroclus, B. & B., Angust 16. Fanams Mara, 0.8.K., July 12, Nicoline Maersk Jebsen's, July 13.

Peiping, Gilman's, August 8. Noto Marn, N.Y.K, July 10.

Philoctetes, B. & S., July 12 Perseus, B. & 8, July 10.

Pleasantville, Bank Line, July 18. Porthos, Messageries', July 28, Potsdams, Melchers, August 6, Pres. Grant, A.M Line, July 12,

CONSIGNEE NOTICES.

HAMBURG-AMERIKA LINIE,

NOTICE TO CONSIGNEES.

X.V.

THE RULMERLAND"

having arrived, from Hamburg and Ports of call, Conguees of Cargo kie horsby notified that their Goods are into the Hong Kong and Kowloon Whar being landed and placed at their rink and Godown Company's godowaS AN Kowloon, where obtained as soon as the Goods are landei delivery may be Optional Cargo will not be lauded here, unless Notice has been given 49 hours prior to vessel's arrival, but carried on from port to port to the final port of call to which the option extends.

No Claims will be admitted after the Goods have left the Godowns, and all1 Goods remaining undelivered after the 10th July, 1885, will be subject to Bent

All broken, chafed, and damaged Goods are to be left in the Godowne, where they will be examined on 9th July, 1936, at 10 m, by Surveyors. Mears Goddard & Douglas, To comply with the General Bonded: Warehouse Begulations,consigners monate have a Revenue. Officer in attendance. when damaged dutiable gorda- etc. examined,

All claims must reach us before the 3rd Aug. 1985, or they will not be recognised.

No Insurance will be effected. Bills of Lading will be countersigned by

JEBSEN 00 Apects

Hong Kong, 3rd July, 1995

₤3647

SERVICE TO READERS

THE HONG

KONG

DAILY PRESS, LTD. and the HONG KONG WEEKLY PRESS, through

their London Office, at 53 FLEET

EET STREET, E. C. 4, Tel. 3137 are prepared to give Subscribers and

Visitors

advice regarding accommoda

President Hoover, Deller's, July 12tion available, motoring faci-

Pres. Jefferson, A.M. Line's, July 2 President Polk, Dollar's, July 199

wholly or mainly manufactured The rate was quoted after the was accepted for August delivery

Imports show little variation from 1834 80 far as their total opening at 134 nominal, closing followed by transactions at 2/03, SINGAPORE RAW RUBBER President Wilson, Dollars, July 2 value is coffcerned, their aggregate at 1 pm, at about 132 nominal: 2/0 3/18, 2/01 and 2/0 1/16 for of £320,058,926 being only £742,576′

in excess of the first five months

Shanghal Market Opened with sellers at 1/67 and

various deliveries. The market closed steadier with sellers at 2/0

and 2/0 5/18 for September, buy- ers at 1/8 higher respectively.

of last year. Articles wholly or closed easy at 1/61 US Dollars 3/16 fod Juy 2/02 for August mainly manufactured have, how- opened with sellers at 30/3/18 for ever, risen by £4,041,517 while near and closed easy at 381 for raw materials and articles mainly, unmantifactured have declined by £4,209,312,

Dairy Farms, $152, Constructions (new); 85 cts.

Call Paid. Vibro Pilings, $2.

spot.

US Dollars -Business was done at 50 for near but towards the close 501 was done for August. The market clos- ed with sellers at 501 for July. 501 for August and B01 for Sep-

IN THE AFTERNOON Panicky conditions prevalles the afternoon encouraged by a drop of. 1 Rupee in the Bombay aliver price, but towards the end tember, buyers at 1/8 higher re-

of the market a steadier tone was spectively

Lates Singapore Prices

Bakuyo Maru, NEK, July 18 Ranchi, P.&O., July 24. Rhein, Jebsen's, July, 21 MESSES. EL B. JOSEPH & Co.

Ruhr, Jebsen, August 1 Messrs. H. B. Joseph and Co. | Snothin, B.I. (Apear),

Baale, Melchers, July 25. ceived the following Straits Cur-Sarpedon, B. & J rency quotations from Singapore Sondan, P. & O., for Raw Rubber

Sphinx, Mas

g Spot

Sellars

Taka

199-U1974 July/Sept. 20) Un 201 Oct/Dec/207 up 1

Jan/Mar211 up 1211 Market Steadier

lities, suitable. shopping

centres, etc.

If

at home, they

add

to the abor

receive the

and

the

mation on