1936-03-02 — Page 13

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO MARITTIMA ITALIANA-SITHAR

MONTHLY EXPRESS PASSENGER SERVICE

FAR EAST INDIA-ITALY

Brindisi, Naples: 21 days. Venice, Trieste Genoa: 22 days. HONG KONG TO ITALY

M.S. VICTORIA" 25th March (a) S.S." CONTE VERDE" 8th Jane (b) S.S. "CONTE VERDE" 8 th Apr. (b) S.S. "VICTORIA" 30th July (s) M.S. VICTORIA" 29th May (a)

(a) Manila, Singapore Colomba, Bombay Port Said, Naples & Genoa (b) Singapore, Colombo. Bombay, Port Said, Brindisi, Venice! &

Truste

HONG KONG TO SHANGHAI

M.S, VICTORIA" 90th March" SS. CONTE VERDE" 180 Ápr.

M.S. VICTORIA" 21st May

For I particulars apply to:

S.S." CONTE VERDE 20th June M.S. VICTORIA" 1st July

ELOYD TRIESTINO Queen's Buikling, Ground Floor.

Add: LLOYDIANO"

Telephone 32082.

PO Box 143.

Agents in CANTON:

DODWELL CO., LTD, SHAMEES,

S.S. "BENMACDHUI"

Sailing for LONDON,

ROTTERDAM,

ANTWERP, HAMBURG, and LEITH (direct)

on or about the 9th March.

Next Sailing for SHANGHAI & JAPAN

14

S.S. "BENRINNES

March 4th

on through Bill

Cargo will also be accepted

of "Lading to the usual transhipment ports.

Tel. 22633

For Freight and Pasange apply to:-'.

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

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

N. D. L.

Mar. 21

FAR EAST EXPRESS

SAILINGS TO EUROPE

M.S. TRAVE............................... Marseilles, Casablanca, Rotterdam,

Hamburg & Bremen.......

8.8. SCHARNHORST... Manila, Belawan and Penaux. M'lles., Barcelona, Palma D. M. Southampton, Rotterdam, Bremen & Hamburg

.. Mar. 26 Marseilles, Casablanca, Rotterdam,

Hamburg & Bremen............. ...

ན རཱ ཝིསྶཾ, པཉྩ དཱ

ARRIVALS FROM EUROPE| SAILINGS TO SHANGHAI

M.S. HAVEL........

い

M.S. HAVEL 5. SCBARNHORST Mar. 10

Mar. +

M.S. HAVEL S.S, SCHARNHORST

རྭ་

7

Mar, 5 Mar. 10

HONGKONG/SOUTH SEA ISLANDS SERVICE.

9.8. BREMERHAVEN.... Rabaul, Tulagi, Kavieng, etc..........

Madang, Salamaus, Rabaul, etc.....

S.S. FRIDERUN

Subject to Alteration without Notice.

For Page unil Freight apply to:

Mar. 11

Apt. 11

NORDDEUTSCHER LLOYD BREMEN

Agents:

.

MELCHERS & CO.

Telephone 28378. CANTON AGENTS: JEBSEN & CO.. Shamaeen B. C.

Queen's Building, Connaught Rd.

BERLIN SHARE MARKET

Special to the "Hong Kong Dalir Press (Copyright.13

Berlin, Feb. 29.

The week-end sluggishness was again in evidence on Saturday so that the share market, which for some days past has been dull, grew exceedingly quiet, only a few apec- ial shares being in demand. Never- theless prices stood the ground. some mining shares advancing, while linoleum shares continued their spectacular upward flight Securities Interest The Fixed

was in friendly mood, market State and City Loans 'advancing slightly,

Gold While

Mortgage Bands were also firm. Call Money was at 31 to 4, the rise being due to the demands for monthly set- tlements.

The money market was visibly

HONG KONG DAILY PRESS. MONDAY, MARCH 2, 1936.

THE EXCHANGE MARKET

MESSRS, ROZA BROS.

Wis

Saturday, Feb. 29. Ready suiver

unchanged yesterday the quotation remaining The Forward rate dropped 184. /18 to 19. Silver advices report- ed specшators as having sold. India, bought to a small extent. The market was quiet. In Ame- rica the rate WILS unchanged at 441 for Spot.

LONDON EXCHANGE RATES

Paris

Geneva Berlin

Athens

Milan

Amsterdam

(Barrian WIRELESS SERVICE)

February 27,

74 45/64

15.10

February 29. 74 56/62 15.10

.12.23

12.271

515 8.

518 S.

631

621

;

Shanghai

New York

4.99 3/16 7.281

4.99 3/16 7.264

119

38 1/16"

36*3/84

Lisbon

Hong Kong

not

Brussels Montevideo

29.294

29.271

4.03

4.981

1/1 29/32

1/1 59/64

The London/New York cross- rate quoted at 4.99. New York/ London was also quoted at the

same rate...

MARKET

Dull. Forward rates were quite o robust.

STERLING

A small business was reported

at 1/3 for near. The market closed with sellers at March/April and 1/3

1/3 13/16

May/June,

buyers at 1/16 higher respectively. U.S. DOLLARS

There were sellers at 33 for cash, 32 15/16 March and 32) April, buyers at 1/16 higher re- spectively,

SHANGHAI DOLLARS Sellers" were quoted at 109 5/16 for cash

SHANGHAI MARKET Opened with sellers at 1/2) and closed at 1/2 17/32 for Spot. US. Dollars, there were, sellers at 30 3/15 for Spot. Steady.

H. K. STOCK EXCHANGE

SATURDAY'S OFFICIAL

QUOTATIONS

Saturday, Feb. 29.

The market was quiet with no changes in quotations BUYERS

China Underwriters $1.05.

Antanoks, $1.88.

Balatoes, $20.

Venz. Goldfields, sc

Govt 4% Loan, 4% Prem.

SELLERS

Hotels, $4.9U.

Electrics, $74.

Telephones (old), $261. Telephones (new), $10.20.

H. R. Ropes. "$5.40. Dairy Farms $217. Sinceres. $2.20,.

SALES

China Lights (new); $.

THE SHARE MARKET

Harriman's Weekly

Review

Saturday, Feb, 29. Messrs. G. A. Harriman & Co.'s- weekly share report and arkel review issued at hoan to-day states:

Vienna Prague

"Bucharest

Madrid

"Belgrade

Montreal

Yokohama

Helsingfors

Rio

Buenos Aires

Silver (Spot

Silver (forward) War Loan

ON SHANGHAI

102

PRESIDENT LINER TRAVEL SERVICE

is Yours to Command

Preskloot Liners' trequenè milings and their unique stojavor privileges allow you to travel e etnolly in you choose. And Dollar Steamship Lines and American Mall Line worldwide offer wid nginta are maintained to serve you ashore_in' whatever place you свалов со бе Make your rear trip more anjoyable, travelling The Pratdent Une way."

To SAN FRANCISCO

To SEATTLE, VICTORIA

Via Shanghai, Kobe, Yokohama, via Shanghai, Kobe. Yokohama Honolulu, San Francisco, Panama,

Pres. Pierce Midnight Mar. 10th Pres. Jefferson M'night Mar 13th Prs. Coolidge Noon Mar. 1st Fren. Jackson W'night Mar. 97th Pres. Lincoln Widnight Apr. 7th Pres. McKinley M'night Apr. 10th Pres. Hoover Moon Apr. 18th

EUROPE, NEW YORK

Via Manila, Singapore, Penang, Colambe Bombay Suan Canal Naples, Ganon and Marselles,

*

MANILA

THE MOST FREQUENT SERVICE

Canal, Havana, Now York.

and Victoris.

10 11/18 31% 1061

197 191

8.157.

Next Sailings

8 p.m. Pres. Adama 8am. Mar 14th Pros. Pierce

Mar. 28th Pres. Jefferson 6 p.m. Pres. Barrison 8 a.m. Pres. Hayes 8. Apr. 11th Pres. Coolidge 9 p.m.

8.1. Mar. 14th Pres. Wilson

Apr. 25th Pres, Adame

Mar. 3rd

Mar. 7th

Mar 19th

Closing Quotations

462

MORE. FREQUENT SERVICE ON THE PACIFIC

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

FIDDER BUILDING-HONG KONG, CANTON BRANCH :—4, SHAKIN KOAD,

February 29, 1939. On LONDON –

Telegraphic Transfer. Bank Bills, on demand 194 Bank Bills, "months'

sight

ON NEW YORK:—

Bank Bills, on demand 39)

Credits, 60 days' sight. 32§

ON BATAVIAC

On demand

1/38

ON PARIS-

Credits. four months'

sight

Bank Bilis, on demand 482

INDIAN INCOME TAX CONCESSION

1/42

Credits, mouth's sight 507

ON SAIGONI

On Demand

On demand ...........

48

ON MANILA: ----

On demand

MA

On demand .................

641

ON BANGIOE-m

On demand

130

On demand..

1437

SOVEREIGNS. Bank Baying

Bate

BAR SILVER, por 01.

1/4 194

ON SINGAPORE:--

On JAPAN

ON INDIA:

Telegraphie Transfer... ase

Bank, on demand..

NEW

YORK

STOCK

New York: March 1.

EXCHANGE

(Inrowan seulers Agency)

QUOTATIONS

New York/London Cross-rate Now York Cotton-Mar.. New York Rubber--Mar. Chicago Wheat May. -May. Chicago Corn Silver-Official

Pr. Am Locomotive Am Radiator am. Smelting...

5- 1885E87

The markel during the week under review has been on the quiet side due to the Annual Race Am. For. Pwr. $7 1st Meeting and Settlement Day on Friday and very few changes are to be reported. In the investment section, "Hongkong Electrics were the medium of a fair turnover at $74 and "and there were further buyers for small lots at this figure, Am, Waterworks (1) 234 Hongkong Trams changed hands Am Waterworks 36

pref (6) at the slightly reduced rate of

Anaconda Copper ... 344 $11.00 (ex final dividend of, 40 cents) Telephones (old) were in Atch. T. and B. P

(234.) at $25.75. while Dairy Farms had sellers at $22.

Minor Auburn Berlin, Feb. 29. issues were generally quiet. China Reichmark quotations (withdül 'Lights' (old) changed hands at guarantee).

$11/11.05, the new shares continued ir demand at $8. Hotels were on offer at $4.75 with buyers at $4.50. Ropes were on offer at $5.10. Mining issues continued to attract attention with Antamokg done at

REICHSMARK QUOTA-

TIONS

[Specla to the "Hong Kong Dally ¦ demand

Press (Copyright.)||||

New York ̈40.88,

Paris, 808.5.

Amsterdam' 53.2. London, 12,275.

Paris (Sterling) 74.89 to 73. Dollar, 1495 to 9837. Fransocean Nette Service,

vestment expenditure will be ef- tected partly by recourse to the short-term market.

The quietness in the "share market during the week was partly accounted for by the uncertainties eltua- in the world political

tion, notably the upheaval in Japan, which made investors cau- tious. The declaration of divi-

Jess iiquid than a week ago; part-dends had a stimulating effect in

ly because the monthly settlement many cases but disappointments

arrived and partly

also experienced. Contiņ- because no were

ental Rubber shares rose a fuli 11 jarge amounts of gold discount on Bank promissory notes tall duc in points, while Deutsch Linoleum : March, those who foresee the need gained 11 points. Fixed interest of liquid means having taken the Securities were quiet, while prices Unenal- which were maintained in Mun!- precaution of covering.

elpal Loans and Gold Mortgage ness was felt because of the finan- cial policy the Reich intends to Bands showed noticeable improve- pursue; which is not revealed, but ments.-- the assumption is that urgent in 7'ransocean News Service.

i

Last Today's High Low Close Close 4.99$ 4.991 10.82 10.78 10.78 10.81 15.76 16.70 10.73 16 70 100 ANZ 611 601

37+

8

"

Stock & Div

In Nick (80)

Int. Tel & Tel. Johns Manville Kennecott (151) Loew's (1)

Change up .03 up: 103 up

unchanged Z up

Lasi Sale Feb. 28 Feb. 29

តួ ន ៩៩ឆ៩គឺ៩ ឌឹន វីឌថ្មី

New Delhi, Feb. 28.

Complete remission of Income Tax on the lowest incomes, and a

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO., LTD.

AND

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

reduction of the present surcharge CONSIGNEES por Co.'s Vossel

revealed

wi}}

be

HECTOR "

on other incomes, was announced

From UNITED KINGDOM by the Finance member, Sir James

VIA SINGAPORE Grigg, in presenting the Budget to

are hereby notified that their Cargo the Assembly.

do charged into Holta Sir James

that the Wharf, Kowloon," where it will be "Estimates showed surplus of 242 at Consignees risk and subject to lakhs of rupees on March 31, but Terms and Conditions of Storage at The Cargo will be he pointed out that other factors, Holt's Wharf "cluding the cost of the Govern-y ready for Delivery from Godown on

and after 8th Feb. ment of the Indian separation from, Burmah. would work against a similarly lavourable result in the

However, immediate future.

he

Optional Cargo will not be landed hem, unless Notice has been given prior to Vessel's arrival, but osrried on from part to port to the final port of call to which the option extende.

felt Justfied in proposing remis-

All broken, shafed and damaged Goods sions of taxation amounting to

are to be left in the Godowns, where they about two crores of rupees.

will be examined on any Tuesdays and The Finance Member outlined a Fridays between the hours of 10.45 ... seven-year plan for the reconstruc- and Noor within the Free Storage period No Claims will be admitted after the tion of Quetta, following the earth-Goods have left the Vessel's Godown quake, and announced various and all Goods remaining undelivered grants for the amelioration of after the 6th March, will be ́subject to conditions in the rural arease.--

Reister.

SERIOUSNESS OF TIN SHORTAGE

London, Feb 25. "Reuter" learns that members of the London Metal Exchange have formed a committer which has ae-| cided to draw the Government's attention to the seriousness of the present shortage of tin in THIS

Beat.

All Claims against the Vessel must be presented to the Undersigned en or before the 20th March, or they will not be recognised.

No Fire Insurance will be affected.

BUTTERFIELD & SWIRE

Agents.

28th February, 1936

(4245

JAMBURG ALMERIKA LINIE.

NOTICE TO CONSIGNEES.......

M.V,

Jednak al

country, and urging remedial mea- THE SAT ERLAND"

sures.

having arrived, from Hamburg and This step reflects the marker's Ports of call, Consignees of Cargo aze“. discontent at the decision of the hereby notified that their Goods are International Tin Committee's re-eing landed and placed at their risk into the Hong Kong Kowloon Wharf á cent decision to reduce the quota Godowa Company's godowns at Kowloon from 90 to 85 per cent.. which the where delivery may

obtained sa socI market fears will result in further as the Goods are landed. deterioration of the precarious London position.

23.. The metal brokers, Strauss and 39 Company, told "Reuter" that Boll- 351" via is lagging behind in production 241 24+

by 4.000 tons. Since the Bolivian ores are smelled in Great Britain this principally "accounts for the shortage of London stocks, which are at present only 800 tons, or less than ten days' supply.-- Reister

Optional Cargo will not be landed hare, 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 all Goods remaining undelivered after the 5th March, 1936, will be subject to Bast

All brokan, chefed and damaged Goods are to be left in the Godowns, where they will be txamined on 4th March, 1:36, at 10 am.. by our Borvejoza, Messin, Goddani & Douglas, k

1001 1001

601 441

unchanged

Dow Jones Averages

High-1934/35 Low: Feb. 98.

Feb. 29. Change

30 Industrials

185.PQ

96.71 152.53

.152.15

.38 of

20 Rails

$1.73

20 Utilities

36.36

40 Bonda

11 Commodity Index

103 24 82.10

931 49.48- 14.4 31.30 $3.43 102.78 $2,44 57.04

48.08

.68 of

3211 102.61 57.11

DA off .17 of ,07 up

Business Donë:-870,900 shares.

Stock & DIV.

Adams Express Amer. Can; (4) Azn. Cyanamid "B

(.25dr.) Am. For. Pr

Last Bale Feb. 28 Feb. 29 13+ 131

1211 1211

Gold Dust (120) Goodyear

191 201

271 27

Int. Cement.

172

51ft 501 181

372 371

· 344

481

23

Lorill (1,20)

25

67%

08

Mont, Ward

391

Am. T. and T. (9)... 1724 172) Am. Tob "B" (5)

Nat City Ek. (1)

30 *

971

231

Nat, Da P. (1.20). Nat Distillers

302

301

Nat PW. Lt. (80)..

KY Central

381

374

331

N. Amer. (50c. 4 27 Pae. Gas (1.50)

201

344 344

Fac. Ling: (3)

46 Automobile 401

24 231 Baltimore & Obis ...

451 45# Bethlehem Steel Bosing Airplane Borden Co. (1.60) . Burg. Warner (idr.)

..... 1131 141 Canadian Pacific Caterpillar Tract. ...

Packard Motors

111

111

Penn, Rly. (1)

361

351

Phil Petro (1)

431

43

99 992

432

121 121

Rey. Tob "E" (3)

117

Schenley

.141

Sears Roebuck

552

56

Soc.-Vac. (.60)

63+

63+

40.

391*

Bro, Cal. Ed.

(1.50)

157

151

to allow gold to be shipped from

681

Southern Pacine

26

28

New York to Paris partially restor-

Stan. Brands (1)

35

35t

583 59

Stan. Gas............

**

8

9411 05

sta O J

17

167

171

167

Ster. Pro. (2.80)

.601

651**

ment of gold was engaged for ship-

971

961*

Studebaker Corph

31

34

Texas G, Suly (2)

38 +

371

Latest Singapore Prices

Transamerica (1124) 14:

137

Un, Cer. and Carb

331

331

30

(1.40)

Cons Gas. NY (2)

Un. Pac. Flys. (6)...

821

821

Cont Ou (:25)

361

351

Ub. Aircraft Corp.... 131 †

1291

Corn Prod (3)

Un- Air Line Trans...

151

15+

Curtiss Wright

B$

.:8

United Corpn, wit

7 7

Curtis Wright, "A"

181-

157

Univ. Leaf Tob, (2) 44

431

Buyers Sellers

Douglas Aircraft...

691

60

Uni. Gas Impr. (1.20) 17171

25 Unch. 25

Du Pont (2 602)

143+

1432

U.B. Rubber

191

19

281 down i 281

Elec. Bond & Share 17

17

U-8, Steel

631

63+

Elec. Bond $8 PT (5) 78

781

Vanddium.

244

24

Oct./Dec.

261 down i 201 28 down

Telephones (old), $259.

the sterling price of gold. It was

Market. Duu.

Raubs, $11.40. Antamoks. $1.85,

Gen. Elec (60)...... 391

382

Warner Bros. Picta, 12

121

Gen. Foods (1.80)

344

34

West E. & M. (.85)... 117

.116-

not thought. likely, however, that

the decline would become sericus.

Gen. Motors (1d).

581

587

Call Money

1%

1%

Big Wedge, 214 cta.

A rather more reassuring attitude. the bullion

brokers to

Gen. Rly. Bigs (1)...

47)

481

Gold Rivers, 7 cts.

Benguet 'Explorations, 14 cts.

* ez. div.

* Bid

I possible' mistilatior

Case

$1.85, Big Wedge at 214 cta., Gold Ch. Nat. Bk. (1.40)...

Creaké Corp., (2.50). 605 Rivers at 7 cerita and Raubs at Creake Corp. and $11.40. Sterling counters enjoyed

Ohio (2.80) Chrysler (14) some popularity, Hongkong Banks having been done at $1530/523

Col Gas & Elec.... and Unions at $545/60. The tone Comm. Solv, (60) of the market at the close is

Comm. 8thrn, quietly steady.

8thrn. $8 Comm Cons. Oil (28) cum. PL (8)

Business during the week hat been done at the followin prices:

H. K. Banks, $1530/1552). Unions, $545/550.-

H. K. Trams, $11.90 (xd.).

China Lights (ok), $11.-/11.05. China Lights (new), $8.- H., K. Electrics, $74.- Yaumati Ferries, $201. Wharves, 3977.

JI

Pub. 8er N.J. (2.80) 43 Radio Corpn.

U.S. EXPORTS OF GOLD.

Supporting The Dollar

London. Feb. 5.

The American Treasury's decision

To comply with the General Bonded Warehouse Hegulations qui signees must have a Revenue Officer in a tandanes dutiable goods are when dams ed examined.

All Claims must reach us before the 27th March, 1938, or they will bot be recognized,

No Insurance will be effecter

Bill of Lading will be arantereignna sy

JEBSEN & 00′′ Aguals.

ed confidence in the dollar in the Hong Kong, 27th Feb., 1936- City yesterday.

It was understood. In banking,

circles that a moderate consign- SINGAPORE RAW RUBBER

nient to-day. The intervention, however, by the American Exchange Fund, which supported dollars by heavy purchases in Paris, prevent-

B. B. JOSEPH & CO.

Saturday, Feb. 29.

Messrs. H. B. Joseph & Co, re-

ed the rate from remaining at a level at which large shipments ceived the following quotations could profitably be arranged. In 1 Straits Currency from Singa London the dollar closed with only bore for Raw Rubber

a fractional loss at 5.02 to the pound.

Spot

Weakness of gold currencies in Apr./June terms of the pound caused a sharp-July/Sept. fall of 5d, to 140s. 6d. per oz. ini

20‡

resume

towards the position of silver was quotations for forward delivery of reflected in a decision reached by the metal to-day.