1936-01-03 — Page 13

LLOYD TRIESTINO

PLOTE UNITE LLOYD TRIESTING-MARITIMA ITALIANA-GITMAD

MONTHLY EXPRESS PASSENGER SERVICE FAREAST-INDIA-ITALY.

Brindisi, Naples: 21 days. Venles, Trieste, Genoa: 28 days.

HONGKONG TO ITALY

M.S." VICTORIA 28th Jan. (a) S.S." CONTE VERDE" 1st March (b) M.S. VICTORIA" 5th April (4) 8.8. "CONTE VERDE" 8th May (b)

SS "CONTE ROSSO : 31st May (b) M.S." VICTORIA " 21st June()

HONG KONG. DAILY PRESS, FRIDAY, JANUARY 3, 1936.

THE EXCHANGE MARKET

MESSRS, ROZA BROS

December 31, 1995,

The price for spot silver rose

1 1/18 yesterday, the quotation be- S.S "CONTE VERDE 19th July (b)g 22 1/16 but there was no for- 8.9. "CONTE ROSSO" 9th Aug. (b)

(a) Manila, Singapore, Colombo, Bombay, Fort Said, Naples & Gencs. (b) Manila, Singapore Colombo, Bombay, Port Said, Brindisi, Tenica

* Trieste

All incoming and outgoing vessels call at Manila. HONGKONG TO SHANGHAI, YOKOHAMA, KOBE

M.S. VICTORIA" 19th Jan. 3.S. "CONTE VERDE" 10th Feb. M.S. VICTORIA" 21st March 8.8. "CONTE VERDE* 23rd Apr.,

to Shanghai only.

S.S." CONTE ROSSO" 18th May M.S. "VIOT RIA" 6th June.. 8.8. "CONTE VERDE 4th July 18.8. “CONTE ROSS()" with Jaiy

For full particulare apply to

LLOYD TRIESTINO

Tel. Addr.: "Lloydiano" Queen's Building, Ground Floor,

P.O.B. 144. Telephone 32981. Canton Agents:-DODWELL & CO., LTD., Shameen.

S.S. "BENVENUE"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH (direct) on or about the "7th January, 1936.

Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.

Tal. 29533

Pi

For Freight and Pannage apply to:-

W. R. LOXLEY & CO., (CHINA) LTD.,

York Building. Agents: THE BEN LINE STEAMERS LTD.,

SERVICE

Homeward Service.

MAERSK LINE

Fast regular 'FREIGHT and PASSENGER SERVICE

via

Shanghai, and Japan

to

ward quotation. The rise WELS attributed to little Indian buying And bear covering. Sellers were scarce. The market closed steady. Buyers were A shade over the fixed price

but there sellers.

LONDON EXCHANGE RATES

(BRITISH WIRELES SERVICE)

December 30. 14.35/64

15 141

12.25

January

74 29/64 15.154 12.24

Paris

Genera Berlin

Athers

14

Milan

611

*

Shanghal

811 Holiday

New York

4.921

Amsterdam

7.351

Vienna

118)

635

Prague.

Bucharest

were

до

Madrid

Lisbon

was un-

. Hong Kong

Brussels

In America the rate honged at 944. for spot..

The London/New York cross- rate was lower at 4.921 and the New York/London rate dropped 3/4 to 4.93.

MARKET Opened steady, but later 'eased off owing to a better demand.

STERLING

The market opened with sellers at 1/9 with business reported at 1/3 13/16 for near delivery follow- ed by transactions at 1/3 11/18 for February. The buying rate then receded to 1/33 at which ute, some business was done for near delivery, 1/3 11/16 WES ar... ranged for January and 1/3 for February. Later offers at 1/31 were accepted for January de ivery. Towards 1 p.m. 1/3 11/16 was fixed for early January and 1/3 tor January and first half of closed at January. The market lunch time with selfers at 1/3 for early January, 1/3 9/16 for Jan nary and 1/34 Zor February. buy- ers at 1/3 for arst half of Jan. Gary and 1/3 9/16 for February.

U.S. DOLLARS

Opened with sellers at 32 for near with business done later 32 5/16 for cash. The market hen eased off, and 32 was ar anged for Fentuary and 37 1/13 for January. The market closed at 1 pm. with sellers a 32, 1/15 ior early Janurv. 31 1/16 10: January and 31.13/16 for Febr- nary, buyers at 18 higher re spectively.

·SHANGHAI DOLLARS Bastriess was done at 1084 1-. cash,

SHANGHAI MARKET

The Sterling rate was quoted. 4* 1/2 for spot and the US. Dollars tate at 291 for spot.

Montevideo

Belgrade

Montreal

Yokohama

Helsingfors

Rio

Buenos Aires

Siver (Spot

"Silver (forward)

War Loan

ON LONDON

36 31/32

1/3 13/15 29.24

304 5.0.

218

4.963

41 8.0.

22 1/18

31% 106

Closing Quotations

January 2, 1936.

Telegraphic Transfer... Bank Bills, on demand 13 Bank Bills. 4

mouth's'

Credits. four months'

sight

sight

ON SHANGHAI :—

W

ON NEW YORK:-

1.93 7.251

1181

Holiday 29244

Bank Billa, on demand 31 16/18-| Credits, 60 days” night." 32 15/16-

ON BATT

On demand.

40

ON PARIS

Bank Billa, on demand 480

1/41

Gradite, 4 month's sight

ON SAIGON

ON MANILA!--

On demand

SA

ON BANGIO:-

On demand

1108

On demand

Telegraphie Transfer... Bank on demand.

*98*

On Demand

ON SINGAPORE: —

OR JAPAN:-

ON INDIA:-

CRISIS OF THE FRANC

Bank Governor's Speech

From A Correspondent

11

Hade. Dec. B. At the Sunday... preparatory assembly of the nty-seventh board meeting of the BIS. st. Baste, Governor Jean Tannery, of the Banque de France, gave a de- talled report about the present Business was done at 1/3 for crisis of the French franc The

IN THE AFTERNOON The market continued, easy the afternoon.

STERLING

LOS ANGELES, PANAMA,NEW YORK, BOSTON. cash, 1/3 8/16 for January, 1/3

PHILADELPHIA & BALTIMORE.

If sufficient inducement offers siso other ports of call.

Arrivals from U.S.A.

18th Jan

....

||

.M.V. "ANNA MAERSK”

M.V.

GERTRUDE "

M.V. "HEIMWARD"

Bailings to U.S.A.

3rd Jan. 17th Jun.

(All dates are subject to siteration without notice) EXCELLENT ACCOMMODATION FOR PASSENGERS

+

AT MODERATE BATES.

For Freight and Fausage please apply →→→

JEBSEN & CO.

Canton, Shameed 8.0. Agents. Hong Kong, Pedder Building

Tel. 28363. Tel. 10918.

JAV

CHINA

JAPA

On Home leave why not visit BALI & JAVA— ·

the Isles of Bomance nad Beanty. Through fares to Europe by steamer all tha way or by steamer and Aeroplane combined. Special reduced round trip fares. Through

fares to Australia and Bouth Afric

TO MANILA, MAKASSAR, BALI & SOEBABAIA -S.S. "TJIBADAK?? 7th January, 10 am. Tender Blake Fler 9,00 4.11. Tender Pelke Pier 9.16 2.

TO BATAVIA DIRECT

TO AMOY & SHANGHAI m.s. "TJISADANE " 10th January, 10 a.m. Special Bound-Trip Fare ist einss Hongkong/Wabila,Hongkong H.#.' $186.10.

Winter Round-Trip—October — March Hongkong/Batavia/Rong kong H.I.$276.00. For further information apply:

Holland-China Trading Co.

Canton

H. Nolasco da Silver, Esq.; Macau JAVA-CHINA-JAPAN LINE *York Building.

MODERN

Tel. 28018.

LIJ

EXPRESS SERVICE

for January and 1/3, 9/16 for th first week of January. The, mar- ket closed with sellers at 1/3 9/1 for early January. 1/3 for Jan. uary and 1/3 7/16 for February buyers at 1/16 higher respectively

..U.S. DOLLARS

A small business was reported at 32 for cash. The market closed with sellers at 31 15/16 for early January, 31 13/16 for January and

dificulties began at the end of October last, extending to the first days of December. However, The gold ses suffered by the Banque de France were not as great, as those sustained trom March to Jane.

to

The gold withdrawal from October 28 to 50 amounted 168.000.0001. the gold losses In- creased rapidly during the follow mg weeks, amounting to $87,000,- 0001. to November 8, 933,000,0001.

31 11/16 for February, buyers to November 15, 1,364,000,0001. to probably at 1/16 higher respec- November 26, and 2,834,000,0001. tively.

January 2nd, 1936. The price for spot, silver rose 7/16 over the holidays, the quota tion being 221 but there was no forward rate. The rise was attr- buted to India and speculators as having bought. America did no operate. Offerings were small. The market closed firm with business reported at 1/16 over the quoted

lo

November 29. At the begin- ning of December the withdrawals were nearly stopped, and the next balance-sheet of the Banque de France, will show i decrease of less than 300,000,0001.

Contrary to what happened last spring, there were but few with- drawals for hoarding purposes. The confidence of French bblic opinion has not been shaken this time. The gold withdrawals were largely due to the repatríïtion of In America the market was clos foreign deposits and to the trans- fer of important frane deposits The Landon/New York cross-into dollar and sterling assets. rate was quoted at 1921.

rates.

ed

MARKET

Opened easy but subsequently collapsed owing to a good demand. Later the market re-acted slight closing on the steady side.

STERLING

.

Ch. demand

On demand

SOVEREIGNE. Bank Buying

Rate

BAZ SİLVER, perʼoz,

143

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

The pen starts well with....c general demand for shares át ad- few vancing rates, with very abarts offering,

BUYERS

Hong Kong Banks, $1485. Bank of East Asia, $76. Antamoks, $1.30.

-

Benguet Consolidated, $18. Raubs, $9.70% Verra doldfelds, $3, Wharves (old), $98. Providents (old); $14. Hotels, $51

HH. Lands, $354; Humphreys, $10.40. EK Realfies, $5.30. HK Trams, $141. Peak Trams (old), $5. "Star Ferries, $89.

Yaumat Ferries, $178. China Lights, $10,80, China Lights, Rights, $4.60. Electrics, $691.

Telephones (old), $25). Telephones (new), $9.80. Cements, $7.40

B.K. Ropes, $4.90 Dairy Farms, $21. Lane Crawfords, 36). Sinceres, $2.20.

BALES, HK. Banks, $1485/1480. Antamoks. 31.30. Providents" (old), $11. Humphreys, $10. China Lights Rights, 341/4.55. Dairy Farms, $21,'- Watsons $41. Entertainments, $3.40.

These currency transfers were SINGAPORE RAW RUBBER largely due to the quite unjustiä - et fear of a devaluation of the French franc and also to the simultaneous Wall Street "boom" The drop in the French trámé and

Laren Singapore Price

Bpot

1⁄2 1. JOSEPH & ÖÐ

221

1

221 Un. Feb./Mar, 22 Un Apr/June 231 up. 1231 July/Bept

ub +237 MarketSteadier.

the export of gold were accen- Measts KB, Joseph & Co. ré Open with buyer's at 1/3 tuated by bear speculation which ceived the following quotations January but offers at 1/31 were caused a great tensión in the rein Straits Currency Mom Sings, accepted for January followed lation of the franc to the dellar pore for Raw Rubber. transactions at, 1/31 for January and the pound To stop this 1,3 for January 1/31/16 for "hear" speculation and to protect February and 1/3 for cash. The its gold deposits, the Banque de market then re-acted and business France had to rake the discount was again arranged af 1/31 for rate three times in a short period February and 1/3 1/18 for March from 3 to 4 per cent. on Nover- Towards the close 1/3f was ar

ber 14, to 5 per cent, on November ranged for first half of Jan 21, and to 6 per cent. on November greatly diminished. To avald to and January Anishing, with self- 25. These rapid interventions had strong restrictions the Bank had ers at 1/33 for January, 1/3 fps a nearly spontaneous effect after naturally to look for cover in the February and 1/3 1/16 for March November 22 the tension between money market. From the end pi buyers at 1/16 higher respectively the trane, the dollar, and t the October therefore the amount o B MANU.B. DOLLARS

pound diminished the successive commercial bills Increased by two Business was done shortly after votes of confidence obtained by the malayo Further, another mil the opening at 318 for January French Government completely fard francs had to be given to the delivery. The märket then gra calmed the tension; and 69d market in the form of short-term dually receded to 31 3/16, at whics rate, business was done for Jan withdrawals have in toucher credits: the rigorous

practicas teazed uary delivery he, market cirse addre with sellers at 31 5/15 for Jan uary 31 1/16 for February, and 30 15/16 for March, buyers probabl

CREDIT RESTRICTIONS The trial fosses suffered by the Banque de France amount to

at 1/8 higher respectively.milliards of gold since the last days WILL SHANGHAI DOLLARS of October while the nose dir- Sellert were quoted at 105 Dr culation has by Mighty decreas near delivery.

SHANGHAL MARKING Was closed today.

credit restrictions cartled out the Banque de France produced a contraction of the dis frand 2,000,000,000. 11

fell dady frond 74.9

siis vwhich has justředile

proved

Citat mainly anected the carron walszaken Solidarity accounts, which have therefertrand

N.D.L

FAR EAST EXPRESS

PASSENGER AND FREIGHT-SERVICE

EXPRESS STEAMERS -

Calling at Marpilles, Barcelona, Southampton, B'data., Breman & E’bargi 8.3. STUTTGART Jan. 14th ...Feb. 91st 8.8:GNEISENAU

S.8. SCHARNHORST.Mar. 97th

FREIGHT

B.R. POTSDA

8.8. GNEISEN AU

8.8. SCHARNEORST June Suis

STEAMERS

Habing & Brenn

8.8. 18AR.......... Jan. 18th to Men, Orab, O'blanca., Rotterdam, 8.9. CREFELD... Jan. 28th to Miles, Uran Casablanca, Antwerp, Rotterdam Hamburg & Bremen.

5.8. Neckar 8.8. Stuttgart

ARRIVALS FROM EUROPE:

8.8. Oder B.S. Gnoisonau

Jan. 17th ...Feb. 4th

...Jan. 15th HONGKONG/SOUTH SEA ISLANDS SERVICE SR. BREMERHAVEN 5th Jan. to Rabaul, Tulagi, Kavieng, etc. 8.8. FRIDERUN 1st Feb to Madang, Halamana, Rabaul, etc.

Subject to alteration without Notide

For Panags and Freight apply to:

NORDDEUTSCHER LLOYD BREMEN

Agenter

MELCHERS & CO.

Queen's Building, Connaught Rd.

Telephone 28378.

CANTON AGENTS JEBSEN & CO. Shamaeen. B. O,

HAHAMBURG-AMERIKA LINIE HA

Far Eastern Mail, Passenger and Freight Service

Through bookings to America via Europe and Europe via America. Bookings around the world. Through bookings to London,

OUTWARD SAILINGS "

..for Shanghai, Thama, Kobe,

Osaka, Moji, Tsingtau......

M

Dairen,

6th Jan

+ LEVERKUSEN"

for Shanghai, Dairen, Kobe,

Oniks," I'hama, Nagoya -

pg 14th Jan.

"PREUSSEN "... for Bhai Taingtao, Dairen, Kobe, Omia, Yokohama, Négo

HOMEWARD SAILINGS

m.v. “DUISBURG":"er Miles, Antwerp, B'dam,

Hamburg

1.7. RUHR".........d for Marsailles, R'damn.,

† m.v. “LEVERKUSEN”

吃啊

3rd- Feb.

.................... 25th Jan.

B'burg

5th Feb.

TM«jöth Feb.

for Mes., R'dam... · Hamburg,

+ Passenger Vessel. Limited Phasenger Aodomiöciation.

For farthat particulars and passage fares, oto apply to:

HAMBURG AUKAI LINIE

JEBSEN CO. AGENTS,

I, Pedder Strest, Tel. 28863.

CANTON" AGENTS :.

CARLOWITZ & CO. Bhakoo Hond

THE TAIKOD DOCKYARD & ENGINEERING COMPANY OF HONGKONG LIMITED.

BUILDERS OF ALL CLASSES OF SHIPS. BUILDERS OF RECIPROCATING STEAM ENGINES BUILDERS OF MARINE AND LAND BOILERS, BUILDERS OF TURBINE MACHINERY

Under License From Messrs Parsons BUILDERS OF DIESEL ENGINES'

Under Special License.

From Messrs Sulzer Bros., Winterthur. Licensed To Manufacture Lanz Perlit Iran So. Lily Sailable

For Internal Combustion Engine Working Parts.

DOCK & SLIPWAYS

FOR DOCKING VERY LARGE AS WELL AÐ SMALLER VESSELB

--- ON ANY TIDE.

ALL ULBSES OF SHIF, ENGINE AND BOILER

REPAIRS AND EXTENSIVE ~~*

WELDING, BOTH ELECTRICAL AND OXY- ACETYLENE SKILFULLY AND PROMPTLY CARRIED OUT-

BUTTERFIELD & SWIRE,

«ROKG KONG, CHINA &