10
JAVA-CHINA-JAPAN-
(JCJL
York, Buildings.
Rongkong?
LIJN.
Tel. Address JAVALYN
Tel Central 1974.
REGULAR PASSENGER & CARGO SERVICE BETWEEN HONG KONG, AMOY, SHANGHAI, MANILA AND THE DUTCH EAST INDIES.
TH
SOUTH BOUND.
STEAMIN
FROM
EXPECTED M OK
NOUT
WILL LEATE OX
For
SHAI. & AMOT 3rd Nov.
4th Nov., MANILA, M'xsan.
Koen & SOCHANAIA
BATAVIA
+
TJIBADAK
AMOT TJISAROEA TJISONDARI S'AL & Axor
TJILEBOET
ΑΠΟΣ TJIKEMBANG STAI. & AMÓT 181 Nov.
4th Nov.
5th Nov
Noon
Th Nov.
9th Nor,
HATAVIA
Noon
17th Nov.
18th Nov, MANILA, M'KJAR.
Noon
20th Nor
BATATIA
Noon
NORTH BOUND.
EXPECTED
STEAMIES
FROM
ON OF ABOUT
WILL LEAVE ON
OK AJOUT
TJIKEMBANG
BATAVIA
8th Nov.
TJILEBOET Java, Makassar th Nov,
VITETITOR 2
For
6th Nov, Axor & S'HAL 11th Nov. SWATOV & AKOT
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42 Days To New You
For Puasenger and Freight information please apply
THE HONG KONG DAILY PRESS, TUESDAY, OCTOBER 29, 1929.
Money and Markets
GOSSIP FROM THE SHARE MARKET.
1
PRICES SLACKEN ON APPROACH OF OCTOBER
FREE ADVICE FOR INVESTORS.
[By "KUFAN"]
STAR FERRIES were steady during the week. A few shares changed hands at 372.50 and there are further buyers at this rate.
CHINA LIGHTS were rather
Gossip often moves the market, but no investor should either buy or sell on Market gossip only, o
The volume of business put through last week on the local share anarket was not so big.ns during the weeks preceeding, but this ineglected early in the week but due entirely to the influence of buyers appeared on the scene on October Settlement, which takes Friday and Saturday, and were asking for shares at 914.40 for cash. place to-day.
At this rate a few shares changed As is generally the cast, a good hands, but I understand the de- number of people will look out formand is still unsatisfied. cheap parcels of shares on the ap- proach of settlement, but if what
ELECTRICS: A large number I hear can be believed, I think there of shares were taken off the market will be very few cheap shares at various rates between 806.75 and thrown on the market, as although 867.2. They closed slightly weak there had been a good deal ofer, milers wanting 866.75 with profit-taking, rates have been fair- buyers offering half a point less. ly well maintained.
CDMENTS were the medium of a very large business during the week as slightly improved rates, Several thousand shares changed hands at rates varying between 812.0 and 812.33, and they closed with bayers offering 812.30.
The October Settlement, much to my surprise, is far heavier than expected, and if there are no de faulters and there is no reason to suppose there should be any brokers will be able ́soon to wipe out the unpleasant memory of the 1993 upheaval, and look forward confidently to a prosperous future
DAIRY FARMS improved slight A prosperous Rialto," in ninety during the wack with sales effect- cases out of ten, reflects a healthy ed at rates varying between 821.90 state of general business, and a and 82. The buying rate at the good number of people are begin close was 82, but I fear more will ning to feel that Hong Kong is have to be paid for abares. once more on the rond to prosperity along which it
was travelling
prior to the General Strike.
While I do not anticipate any great activity during the next few months, I can confidantly advise those who hold shares in our sound public companies to hold on, na I feel that by the end of the year- and certainly at the beginning of next year-rates will appreciate considerably.
EWOS sagged a little during the week, and shares went as low as T. 11.50. Sales took place be tween this figure and Tis. 18, but at the close there were sellers at 71,"17.73.
REPLIES TO READERS, -
|
RUBBER.
We have received the following letter, dated September 19, from Messrs. Homby, Hemelryk & Co., Liverpool om
Although the market has again been quiet during the week under review, prices are slightly better on the week, closing prices last night being 10.5/16d. for Spot and September, told. for October/Dec., 10.13/100.`for January/March, 11.1/18. for April/June, and 14. for the whale of 1930.00
Two sets of figures were publish. ed last week, one giving the stocks in the hands of dealers at the end of August, which showed a reduct tion of 9,700 tons from the figure given a month ago, and the other the American Questionnaire figures. for August, vir:-
Consumption Arrivals Stock
August. July,
Tuns. Tons. 39,974 41,393 38,29 44,959 90,700 95,535 Afloat $1,310 39,390 which, op balance, show a decrease of approximately 8.000 tons in the visible supplies. Thess figures con- formed fairly closely to general expectations and had no noticeable effect on prices.
There has been a fairly sustained demand for Spot Rubber which has kept prices steady, and yesterday we observed some enquiry from New York for afloat and very near parcels
дет some
DODWELL & CO., LTD
NEW YORK BERTH.
FOR NEW YORK & BOSTON via SUEZ. M.V. PENRITH CASTLE”.......
Saila onfor about 16th Nov,
LLOYD TRIESTINO.
REGULAR
MONTELLY PASSENGER AND FREIGHT SERVICE for BRINDISI, VENICE AND TRIESTE (FIUME). TAKING CARGO ON THROUGH BILLS OF LADING" TO GENOA, ALL ITALIAN, ADRIATIC, LEVANT, BLACK SEA AND DANUBE PORTS.
REDUCED PASSAGE BATES, BRINDISI. VENICE & TRIESTE LONDON
OUTWARDS
TH
£75.0.0. £83,0.0.
NEXT SAILINGS.
FOR SHANGHAI. YOKOHAMA, KOBE AND MOJI,
From Hong Kong, Sails on/or about 29th Oct. Saila oafor about 7th Nov. Sails on/or about 18th Nov. Sails on or about 5th Dec.
M.V. "ROMOLO** 88. "VENEZIA " M.V. "HIMALAYA” M.Y. "VIMINALE "
SAROSANDRA" M.V.RUMOLO" -8.8. "VENEZIA "
M.V. "HIMALAYA "
་**
THE
From Hong Kong. Sails on/or about 2nd Nov, Bails on/or about 30th Nov. Sails on/or about 10th Dec. Sails on/or sboat 28th Dec.
There seem to be fair orders in HOMEWARDS FOR BRINDISI, VENICE AND TRIESTE. the market si about 10d. to 10id. for Spot and corresponding prices for forward deliveries, but no en- thusiasm seems to be shown either by dealers in London or Amerion, and until
feature. emerges, it is dificult to see where
definite move is to come, the whole, however, we clined to think that 10d. for Spot is about the low level at the pre- sent time, and that any pronounced demand from consumers would lend to a smart rise in prices.
On are in-
Stocks*: London 37,901 tons. Liverpool 3,000 tons increases of 1961 and 309 tons respectively.
Our New York correspondents cabled last night that the market shows little change. Strong inclina- tion to buy is manifested on any decline.
Every week in this column replies
Close New York last night are given to readers who have sent December 91.30c., March 1.000, inquiries during the week In-May 22.20,, July 99,000.
formation or advice on any ques- tion or matter concerning the Hong Kong, Shanghai and Singapore market will be given by the writer.
December Settlement is a heavy one, and will probably prove a stumbling-block for those without backbone" as some of the com- mitments are very heavy. I do not think I am giving away any secret Correspondents must address their when I say that the fall in price inquiries to Kufan" care of the in Ewes and the unexpected turns Editor. Names and addresses must taken by a few local stocks, has be given, but will not be published. made a few of our larger specula- It is desirable, that a nemme de tors uneasy-not that they them-plume be included so that readers selves are unable to meet any will be able to pick out atawers liability, but because they feel they intended for them, may be drawn into complications by the "smaller, fry,”
ا ایمن
RUBBER AND MINES.
5
5%2nd Int. 13% 4th Int. 54th Int.
5%4th Int. .3d.
LATEST DIVIDENDS.
Messrs. Carroll Bros. have been advised of the following dividends on Rubber and mining shares Jimak
10% Einal. Kepong Tin Every effort will be taken to give | Kent (F.M.8.) Tin ... as full and detailed a reply as pos- Petaling HONG KONG BANKS: During sible, but it is distinctly understood Sungei Way the week a few small parcels that the writer admits no respon-Talok Kruin changed hands at 81,370, but at theaibility by so doing.
Tekka Taiping close shares were offering at this Those who have written in last rate without attracting buyers. week will find answers to their
questions below:-) J.A. (MACAO)—The market rate bas dropped considerably 'since I received your letter, and I do not advise you to sell at present quotation, which you will find elsewhere. As all stocks are like.
UNIONS were the object of a fairly large business during the week, and I hear of several fairly Jarge parcels changing hands at rates varying betwean. 8377 and $380. They were rather neglected as the close.
DOUGLASES were sought after is several quarters, and business was reported at 823.
STEAMBOATS have sellers at 820.50, but during the week they were wanted at this price and several hundred shares actually changed hande. The demand, may come in again after settlement.' .
*
WHARVES were transacted at 8147 to 8148 during the week, clos- ing with sellers at 8147 and buyers offering only 8143. I can see the influence of the settlement in the fall of this stock,
•
PROVIDENTS: After business had been done at 83.85 to 20,70 due- ing the week, Providenta had a set- back; after falling to 85.40 and then to 85.20 they are now only sought after at 85.
HONG KONG DOCKS, after being neglected for a very consider able time, have now returned to the list of "wanteds," and were sought after during the week, buy- era offering as puch 839.50. 1 believe shares can still be sold at this rate; why, I frankly confess, do not know.
•
HONG KONG HOTELS were put through during the week at 81063, but fell away to 810.40 and with buyers offering this
rates
LANDS changed hands at 847 to 888.50 during the week, but had a slight set-back, finishing up with sellers at: 386.75 and buyers only offering 86050,
HONG KONG REALTIES hold- ers are asking 89.23 without getting any response..
HUMPHREYS changed hands at 813.10 to $15.20, but I bave to re- port the same neglect in this stock BA in many others, and bares were offering at 813 at the close.
..
DODWELL & CO., LTD. HONG KONG TRAMS changed
Queen's Buildings
Agents
Telephone 0. 1080.
hands at $19.15 to 819.40 and there were further buyers in the market on Saturday, I believe, at $19.23 without any sellers.
ly to appreciate before, the end
TO-DAY'S WIRELESS
PROGRAMME.··
BROADCAST BY Z.B.W. ON 350 METRES.
of the year, I recommend you to 11
to
11.30 a.m.-Commercial hold on for a little longer, say News, Share Reports, etc., is Chi for one more point. The com-
aese and English.
programme.
pany is certainly better managed 19.30 to 1.30 p.m.-Demonstration (Chinese and Euro.
Radio Dealers. pean records). For use of the
and it has some useful and valu. able property, but I am draid it is not warning very much money; I don't know what you have paid for your holdings, but if you enn show a small profit by selling at 86, do so when the price touches this level.
•
་
1.48 p.m.-Weather report.
8 to 7p.m-Programme of Euro pean music. (Vietor and H.M.Y. records supplied by Messrs. "S. Moutrie & Co.)
748 p.m.-Evening weather re- N.B. (CANTON)-1. Good stock.
port. Solid, and will probably appre- 9 p.m.-Evening general pro
ciate to 820. Dividends very re.
gramme of Chinese music (from gulf. Strongly recommended. Studio). 9. Good stock which will probably
10.30 p.m.-Close down.. appreciate in value. Regular dividends. 3. A Ittle high, but the stock is good. 4. Another good stock, which in my opinion you should not touch, at a rise of $80 or $40 per share will not bring you very much profit if you
ATTACKS UPON RED SPEARS.
held a few shares. . I do not NO BRUTALITY TOWARDS WO., recommend because of high price;
it will not show much profit. 6. The company is sound and the business excellent. Chinees like this stock, but the price is a bit on the high side. 7. I do not recommend this stock at all,
MEN AND CHILDREN.
Chefoo. The headquarters of the Third Division of the National army, Shantung, have issued a statement denying the report that
NATAL LINE OF STEAMERS
FROM CALCUTTA & COLOMBO TO
SOUTH AFRICAN POETS
8.8. "UMZUMBI"
Sails from Calamita 3rd Nov, Begular Passenger and Cargo Service to South African" Porta. Through Bills of Lading issued from Hong Kong.
For Freight or Passage on any of the abors Lines, apply to
DODWELL & CO, LIMITED.
Telephone Cantr 1030.
DI
Ageam.
Hamburg-Amerika Linie,
COMBINED FEMIGHT AND -PASSENGER SERVICE. CABIN CLASS ACCOMMODATION FOR 50 PASSENGERS, FARE FROM HONG KONG TO GENOA-£70, 04, 04,
·OUTWARD
Sailings from Europe for S'hai, Japan & Northern Ports
8.S. "BAABLAND” 98."AMMON"
8.8. "OLDENBURG” M.V."HAVELLAND" M.V."ERMLAND" M.V."BURGENLAND"
HOMEWARD.
das here on or about the 10th Nov. due here un or about the 29th Nov, ... due bere on or about the 27th, Nov, ... dus here on or about the 18th Dec. ... due here on or abort the 30th Bee,
... due here on or about the 9th Jan,
Sailings for Genos, Rotterdam and Hamburg via Manila, Singapore, Colombo & Port Said :—
→M.V: “BAUERLAND"
sailing from here on or about the 14th Nov, +MLY. “KULMERLAND" ailing from here on or about the 25th Nov.
89. "SAABLAND" B.B. AMMON"
013
6.5. "OLDENBURG"
+ Calling also at Marseilles.
sailing from.here on or about the 10th Doc. sailing from here on or about the 24th Dec.
P3.1830 sailing from here on or about the 4th Jan.
*Calling also at Amsterdam. For Freight, Passage and further Particulars, please apply to
JEBSEN & CO.
12, Pedder Street.
PASSENGERS.
Arrivals,
-ÅGERIA.
Tal. C. 4754,
Labaere, Mr. Locher, Rev. Father A. Lysacas, Mr. and Mr. §, DJ, Minty, Mr. and Mrs. A. Morris, Mr. R. B. Munroe-Smith, Rev. Father H. Peeters, Mr. and Mrs. S. The following passengers arrived Richard, Mr. W. N. Scott, Mrs. W. M. Smart, Mr. and Mrs. WHA bere by the Hakone Maru from Train, Miss M. W. Train, Mr. H. or 2 for investment, No. 3 or 0 Spears" organization by the troops Landon and porta-For Hong O. Waser, Hr. D. Wilson. For for a "spec. and as for the under General Liu Chen Nien. Kong: Miss E. de Biere, Mise M Kobe: Miss M. A. Kettle, Mé, 0. others, don't touch them,
I do not consider it advisable
18 villages were burned and many
to wait, and if you can lay hands women and children killed in the on your money go in fer No. 1 recent attacks made upon the "Red
The message states:
East of Kinochow, secret socie- Druary, Mrs. E. Farrington, Mrs. H. Lear, Mr. K. Nagai, Mr. M Sasaki, Master Y. Sasaki, Master GLORY-Don't advance anything ties, Red Spears, Wu Chi' and H. O. Hazeland, Mrs. F. Lammert, H. Sasaki, Miss T. Sasaki, Mr. Y
against shares at market rates, others have committed all manners
your client is a stranger allow of atrocities and the losses suffer Miss M. Lammert, Mr. and Mrs. A. Taniguchi, Miss H. Zimbauer. For for 20 per cent on good stocks ed by the people have been incalcul Morley, Mr. D. W. Munton, Mr. Yokohama Mr. G. G. Bradshaw, and twice this margin on others.able. We sent special officers to B. Naczs, Mr. F. E. Nash, Mr. J. Mr. Demura, Rey, and Mrs. 0. H. The interest you mention is not various districts in order to per- M, Pereira, Mr. and Mrs. A REvans, Mr. and Mrs. Y. Hagiwara, exorbitant.
suade these bands of marauders to Piguet, Miss J, Pinguet, Miss Mr. S. Hamada, Mr. Y. Hirai, cease their evil, work, but this was Stanian, Mr. N. B. Slater, Mr. and Comdr. M. Hishikawa, Mr. K. of no avail. The Government then Mrs. H Soriano, Master JM. Imanishi, Dr. Mehikawa, Rear ordered that these Societies should Soriano, Master & Somano. For Admiral and Mrs. Kato, Miss A be crushed. We knew, however, Shanghai: Mr. and Mrs. J. S. Kabo, Mr. K. Konda, M. I that a great many good people had Anderson, Mr. and Mrs. H. J. Kusuda, Miss Maruyama, Mise been coerced into joining the Andrews. Miss J. Andrews, Miss Matsunari, Rear Admiral I. bandits and special instructions G. N. Andrews, Mr. N.. R. Bell, Muto, Mr. S. Nagayan, Me. K were given to our soldiers to ap- L-Comdr. H. S. S. Brown, Mr. Nakayama, Capt, J. A O'Brien, prebend the ringleaders but to per- K. A, Carstensen, Mrs. M. Corneck, Capt, K: Robertson, Miss H. Shi- suade their followers to disperse. Miss C. M. Corneck, Master K. Wada, Mr. S. Shimada, Mr. and "This policy on our part was Corneck, Mrs. H. O. Dalling, Mr. Mrs. K Shoda Eng. Comdr. T. well known. It was adopted in and Mre. B. A, Davies, Rev. Father Suzuki, Mr. K. Takagi, Mrs. X. 0. the cause of humanity and in order du Castillon, Mr. and Mrs. V. Takahasin, Master K Takahashi, that the innocent should not suffer H, Eckford, Mr. C. Erkford, Mr. Miss U, Tange, Dr. T. Tsuruta, Mr. with the guilty."-Beuter's Pacific HR Hood, Mr. R. Hood, Kev. A, Uozumi, Count Y. Yanagisawa, Service
Father A Ingels, Rev. Father A. and Mr. J. Yokoya,
DOWN-Whatever may happen to your holdings, you will not show alons if you get out before December. Since you have bought cash shares, I see no reason for your selling forward to secure a little over the rate. Always re member A bird in the hand," THORNY Candidly your proposi
tion is not worth the paper on which it is written; let alone a few thousand dollars. Don't try it unless you want to get into trouble,