*
Money and Markets
THE HONG KONG DAILY PRESS, WEDNESDAY, JANUARY 29, 1930.
BANK OF EAST ASIA. DAILY SHARE QUOTATIONS.
DIVIDEND AND BONUS.
The Directors of the Bank of East Axis, Ltd., announce that,
HONG KONG SHARES. NATIVE PRODUCTS subject to audit, the proât for the
BENJAMIN & BOTTS' WEEKLY REPORT.
Mesara. Benjamin nad Potts, local share and general brokers, in their weekly share report dated yesterday stated:-
AND SILVER.
OFFICIALS ENJOINED TO
USE NATIVE GOODS.
vincial and Municipal governments In a pireular dispatch to the Pro-
throughout the country, the Mini Business in the local market has, try of Industry Commerce and daring the period under review, Labour recommends the carrying. been interrupted by the Chinese New Year holidays, the Stock out of the following measures as a Exchange being closed from Thursfundamental, solution for the pres day to Saturday inclusive, but there has been a continuance of the dent financial crisis caused by the mand for the majority of stocks and decline in the price of silver:- prices generally show a firmer "tendency with possibilities of more active market next week.
Banks-Hong Kong & Shanghai Banks are quoted Elis (Middle) in London, and have local buyers at 81,310.
2
Marine and Fire Insurances. Unions are enquired for at $370, Cantons are wanted at 8713, and probably a little more would be paid. China Fires" at #310 and Hong Kong Fires at 2926 can be placed at quotations.
HONG KONG STOCK
EXCHANGE.
Buyers Sellari Brieg Nomins!
year ending December 31, 1999, after writing off all charges and making provisions for depreciation, bad and doubtful debts, and includ- $1,310 ing the balance of 8401,743.74 brought forward from 1928, amounts 10.81,102,097.09, which the Directors propose to deal with at the forth
as foj- coming annual meeting
lows:-
Dividend of $6 pershire
on 30.000 shares ....: $300,000.00 Bonus of $2 per share ̈on 50,000 shares !.... Transfer to Reserve... Bonus to Directors,
Holders of Founder whares and staff...... Write off Furniture
and Fixture Carry forward
$96
T
1
!!!!!
$716
82
$370
100,000.00 TISO 250,000.00
$940 73,678.73 $826
21,250.54 +47,991,63
$1,192,$27.99
THE SMOKE NUISANCE.
HARBOUR MASTER WARNS COXSWAINS.
1. Staff members of all Covern. ment organs should be instructed and enjoïned to use only native products. The public should also be encouraged to purchase only na- tive manufactured goods such as cloth and other articles of daily C. The responsible Government authorities should be instructed to
The case in which Chan Co, the launch, in conjunction with vari-master of the Yaumati ferry boat, feus industrial and commercial or allowing smoke in such
Man Chung, was summoned for quantity ganizations, campaigns for the pro-as to cause a nuisance to be emitted motion of the use of native goods. from the boss whilst she was lying alongside the Yaumati Ferry Wharf (Hong Kong side) ou January 10, was concluded before the Hon. Comdr. G. F. Hole. R.N. at the
Shipping. There is no change to report under this heading.
Docks, Wharves and Godowns.— Investigation into existing Whampoa Docks are in request at conditions in the various factories 830). Kowloon Wharves bave nd-should be made in order to improve
vanced to 8147), at which figure the quality of the goods produced Marine Court yesterday." sales were made. Chine Providents have evile strengthened, and as well as to facilitate production. were put through at Hongke Wharves continue in demand st Tis. 196. Shanghai Docks touched Tls. 123 at the outset, but are alight ly easier again, with probable buy
ers at Tls. 121),
Lands, Hotels and Buildings Hong Kong and Shanghai Hotels changed hands to a considerable of tent up to $12.00. for cash and cor- responding rates forward. Hong Kong Lands, since the declaration
Tls. 195.
་
!!!!
a!!!
$5 er dir
IN
!!!!!!
!!!!!!!
£28
SHAREBROKERS' ASSOCIATION.
TUESDAY. JANUARY 28,
Hayers Sellers
Balm Nominaį
Banks
B.K. Banki... #1,310
Do (London) ***{ Chartered Banks
Mercantile Bks. “A”
Do.
2174
[£15}]
"C"
Bank of East Asia...
Insurances
Canton Ins.
$715
Underwriter
$1.65
North China
Union Insurance
$375
$300
M.850 Yangtze Ins........
$30
China Firea
$310
H.K. Fires......Ṭe
5826
Shipping
$233
Douglases
14.
$277
Steamboata
143-
Indos (pref.).
370
Do. (def.) te.
98/3
Shell Tragisports
B3/6
$231
Water-boati
$23
Mining
Benqueta....
52/6 Kailana ཏནྟི ཨུ ཨུབྷིཝཱ ཝཱ
T1360 Langkats (comb).....!
17 Da (single) T130 Explorations.......
Shanghai Loans $134 Rauba... 21/-
Tronoh Mines.....
Docks, Wharree,
Godownds, sto.
$146
$148/147) $5.45
130
3314301
T.193)
Shanghai Docks
17 T.190
**
Mr. E. S. C. Brooks who appear | $5,40 ed for the defence told his Worship Wilful increase in the price of na- that he was not in a position to five goods for selfish gains should plead either guilty or not guilty. The Man Chung was alleged to have be prohibited and all factories emitted smoke alongside her wharf which have gither closed down or at 7.41 a.m. on January 16, whereas suspended operations should be re-she actually left her wharf at 7.40 opened.
Investigation should be made in each provines into the products Fhich 45 uually exported abroad
to
*T.Es
a.m. and was under way at the time $16.10 mentioned in the summons. He also could not say whether the smoke came from the funnel of the Man Chung or otherwise.
Loc
!!!!
FOREIGN MAILS.
RADIO NOTICES
The Radio Office, where full information concerning all wireles servic may be obtained at all times, is situated on the ground floor of the P. & U. Building in Dos Vœux Road, next to the General Post Oillos,»
Individuals and frms are recommended to register their telegraphis ad dresses at the Radio Othon. No charge is m do for thin,
QUINESE NEW YEAR HOLIDAYS,
Os Thursday, Soth January, the G.P.O. and Beaneh Fost Oon will be entirely closed; on Friday, 31at, and Saturday. 1st February, the G.P.O. will be open each day from 8 am to 10.50 am. and the Branch Post Offices from 8 ameto 0 a.m,
On Thursday there will be no collection from the, pillae torow and ng delivery by postmen but ordinary correspondence may be obtained at th back counter at the south-west corner of the General Post Of Building, ground
floor...
On Friday and Saturday there will be ans collection from the pillar bogen, and one delivery of ordinary correspondence each day sa on Sondaja, and na delivery of registered corruer ondence each day at 9 s..
The Money Order Office will be entirely closed during the Holidays.
INWARD MAILS,
2 KOR
CALCUTTA & STRAI
SHANGHAI & Asor
BUROPATIA DUES (Letters & papers, Lon den, ni Jan, de parcnis, 26th is, 1929)
Fra
Now Hong
99th Jan
Changchore
toth Jr.
7.141
Macedonia
$0th Jan
T.0
***
$13
***
U.S.A. (Seattle, 11th Jan.), CANADA,
JAPAN & SHANGHAI ... CANADA - (Victoria, B.C., 11th Jand,
UN.A., Honolulu,latan & Dhanukai]] MANILA Stam
Prea Grant
3:st Jan.
14
Emp, of dria
Erd Fob.
Prsi. Jeferson
3rd Feb.
Kame Maru
3rd Feb.
H.K. & K. Wharfs...) $146 Providenta
********$5,45
H.K. Docks .......
New Engineerings
Hongkews
Cotton Mila
Ewos
Shai. C'tons (old)...
$18.40
T54 1.10
Do.
(now)...
Zoong Singa
$12.90
566
$854 651/66
144
$8,55
***
Interposing, his Worship told Mr. Brooks that he had the right to plead either way he chose. The $12.50 solicitor then pleaded not guilty,
The Superintendent of the Fire T.200 Brigade, Mr. H. T. Brooks gavė
$14.10 evidence to the effect that on the ing room of his quarters on the fifth day in question he was in the din-
$98
floor of the Central Fire Station. At about 7.40 a.m. the room was suddenly darkened by a cloud of $18.80 $19 black smoke which he later confrm- ed came from the funnel of the Man Chung.
***
873
$93
8712 $23
***
$0.65
In answer to his Worship, witness said that although he did not see where the smoke came from when he first noticed it (he was sitting in" the room them) it only took a mat- ter of five or six seconds to go to T.161 the verandah where he had a clear view of what was happening. Ilis. 10/3 Worship then asked if witness te tually saw the smoke coming out of the funnel of the Man Chung and the Superintendent replied in the affirmative:
of a final dividend of 82, have with a view to improying the meth hardened and were put through at cds and increasing the quantity of $60, but closed easier with sellers production. Whenever difficulties at 8852. Humphrey's Estates have takers at 814.10. Realtys have exist as regards the transport- fluctuated between $8, and 88.00 ation of such goods for abroad, Shanghai Lands were negotiated at special assistance and protection "Public Utilitica-Hong Kong should be given to the producers. Electrics have stiffened and buyers 4. A circular order should be are now offering $72. A strong de-issued to all tax collecting bureaux mand for China Lights raised the in ech province instructing them price to $23.60, but at the close the to give favourable treatment to all market has weakened a bit and merchants engaged in the transport. sellers prevail at 8231. Hong Kongation of native products and Trams were placed at 818.00/819. ascertain the destination of such A further improvement is to be shipments. Exemption from or re noted in Star Ferries following the duction of various miscellaneous declaration of a dividend of 82 and taxes on such goods should be re- bonus of 82 per share, and the cash commended to the responsible an rate has advanced to $73. Tele-thorities. phones were hid up to 89.65 and continue in request.«
Miscellaneous. -Green Island Cements (Combined) are again higher with buyers at Tls. 18.00, with little stock offering.
Mr. D. A. Purvis, the next wit Kong Ropes have moved upwards to 87.80,
ness, informed the magistrate that 315.43 Dairy Farms have had a
Th: dispatch" points cut that the he was consulting marine engineer smart rise to 823, following the de- present rate of exchange is especi- to the Yaumati Ferry Company. claration of a dividend of $1.50 per Ally favourable for promotion of He said that the Man Chung was share. Raubs are again better with the manufacture and consumption fitted with the ordinary multi- transactions reported at 8131. Wat of native products, especially the tubula: ype of boiler. The fur- son's are better and are asked for at daily necessities which can be pro-nace is the ordinary type for this 811.00. Lane Crawford's closed apuced at a much cheaper cost to kind of boiler and there are com preciably higher at 83.10. Benguets take the place of imports from bustion chambers fitted to meet the were placed at the enhanced price abroad. Continued promotion of requirements. The boilers are con of 85 ex the dividend of 10 cen- the consumption of such native structed to consume as much of their tavos just paid.
own - smokė
practicable. For the past few days, witness con- tinued, he watched the ferries leav ing for and arriving from Yaumati and did not notice the smoke com- plained of.
5. Mensures for increasing the production of raw materiala in the varius provinces should be devised. Exploitation of the mineral de- perits of the country in order to Hong increase the wealth of the nation
should also be encouraged.
products, it states, wil eventually bring about a reduction in the im- portation of many articles from
Cotton Mills-Ewos were firm, and opened with sales at Tis. 18.70, but the market has since weakened countries. and business has been reported át Tis. 16.10, Shanghai Cottona (Old)] ————— have improved in the North to Tla. 83 buyers.
NEW YORK STOCK QUOTATIONS.
Goodrich Rabber doodyear Tire &
Rubber Granky... Great Northem Carti Haygart...
42
421
ƏLƏ
is
$6.
$18,00
SI13 $6.05
$731 8237-60
::::
$12.80
$12.00
Lands, Hotels and Building!
H.K. & S. Hotels
HI.K. Lands
********* $65
Shanghai Lands
HK. Realtys $8
Humphreys
Chinese Estates
Public Utilities
$14.35
Tramways.. $19 Peak Trams (old)... $11
Dr. (new).. $6 Star Ferries
U. Lights (old)...... 328.40
Da
(new)......
H.K. Electrics...... $72
Macgo do.
Sandakan Lights...
Telephones........... $9.60
China Buses
Tractions
(pref.)......
Industrials
Do.
$73
A
$30 T.105
OUTWARD MAILS,
REGISTERED and PAHÇE L MAILS are closed 18 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to close at or before 8 a.m. registered and parcel mails are closed 'at 8 p.m. on the provious day.
Pur
Ука
DATE TIME
T16.60 T.83
1.55
1.81
Straits ..
Van Heuter
Amoy
Takliwa
34
19
Shanghai, Japan & "EUROPE via Siberia
walow, Away d; Förməs
Deli Maru
Japan Shangbai
Nam Sang
**
14
***
Num Sang
Kriday.
$23+1.100
Cements (comb.)... 15.55 $15.85 15.60% 50
Malabon Sugera
1701 00:
11 14:
Swati, Amoy & Feochow...
Maaïla, Sandakan, Australia `d New
Zealand via Thuralay Island-dus | Therday laland, 18th February Haiphong
Birita, Ceylon, India, Mauritius, E. 1 3. Attica Aden, Egypt & EUROPE *vin Marseilles—dus Marseilles, 29th
February
Haining
Andre Labon
Nellore...
G. G. Murice Lang
Mantua...
Pres, Jeferson.or
Wednesday, 18th,
10S AN 10 30 AM
2.00
1.30 PM
5.00
5.00 P
6.00 FM
6.00 r *
Sist,
9.10 A 9.45
Letters 10.30 A
10.00 A Kowloon P.O,
| car. 38; 2, 9:00 a
Reg. 186; 9.00 A M <uiters 10.00
6.1.0. a.,81st, 10.20 seg., lat, 9.45 A M etters 10,80 a m -FEBRUARY Saturday, ist
Amoy
Anking
Maui's
Free Grant
10.30 10.30 AZ
7.11 T.10
Caldbeck, (ord.)
Macgregor pref.)
Sunday,
Zad,
Canton Ices
Swator, Amoy & Formcea
Canton Maru
9.50 A
*
$14,60
Monday
3rd,
Do 8111
(old)...
8111
Do.
831
(now)...
$31
Swatow...
Hydrangan
2.30 F
$7.80 $9
Ворен
$7.80
81
China Sugars....
144
827
899
Japan, Canada, U.3.A., C. & S. Amerion & *EUROPE via Victoria, B.0.— das Victoria, B.C., 1st February .....)
Pres. Jeferson..
Parcels
Lek.
8,00 r M
4.157
Letters
5.00 »
Lug.
8,00 AM -
***
United Asbestos
Miscellaneous
***
èhanghai and *EUROPE vix Biberis Manila
Catlers
5,1))
34
+
\..] Amyrist of datus ve
3,30
$293 $0.80 $28
Dairy Farma..........
Tuer lay. 4th,
323
Der A. Wings........
Bangkok
Amusementa
828
drator, Amoy and Fooshow
Kaying Baiching
9.80 M
$1.30
Constructions
L
$3.10
183.20/. 30
Lane Crawfords
$1.10 $3
$3.20
Beg.
1.03 F
$18
812
$31
39%.
5%
prem.
Ar
His Worship said be had himself 62 63 seep launches in the harbour emit $11.60
ting dense clouds of smoke. He naked witness if it was not true that if the stoking is bad, the smoking is also bad, even in cases where launches are fitted with the Man Chung type of engines. Mr. Purvis said that was the case.
***
Certificates
131
Ung
International Cemont ........
G7
67
International Comb. Eng.
International Harvester International Nickel ... International Printers
80
81
Ink
Jan. Jau.
18 204 262
Intarantional Prox. (Com.) International Tel. & Tel. Johns Manvills.
341 34 Unq. 481
Paq.
70
391 30
122 122
80
New York, Jan. 20.
Business dono 1,002,040 sharm.
Market steady.
Allied Chemical & Dyo...
Allied Power & Light... American Can. ..... American Rolling Mill American Susiting American Tel & To American Tobacco American Waterworks Anaconda Copper Atlantio Refining Baltimore & Ohio Bethlehem Stool Calumet & Hocia
Pacific Railway.
oration
Northwestor
Chic Rock Island
Chrysler
itor Service, Common Columbia Gas & Electric
Graphaphone
od Gas
of N. Y
Solvents...
1 Dit
oty. Incorporated urtiss
Wright, Common avison Chemical
a Pont de Nemours...
netman Kodak Company Lectrio-Bond & Share
Fie Railway
ox Film
enural Electric Chloral Food
aneral Motors...
eneral Ballway Signal
old Dust
کمائے
Kennecott Capper Lambert Company
Valley
Myeri" "B" 81 Madison Square Garden 718 713 Missouri Pacifo (Com.)
219 218 Montgomery Ward
212 219) Novada Consolidated Copper
50 Ung. New York Central
721 11Northern Pacifo Railway
381
36 Pacifs Lighting
Motor Car
117 1161 Bank Femon Lasky
B
201
291 Fanneylvanis
108 195
Bailroad...
Fennroad Corporation...
Petroleum Phillips
651 GG
542 88
Publis Barvice of N, J.
Railway
... 117 Ung. Radio Corporation
312 341 Beadi
ZRI
Tobicoo "B"
70761 Bears Roebuck...
251 26 Shell Union
201
Simmons Company
...1014 104 Bouthern Califomis Edison
281 28
23
213
01.
261
Southern Pacifo Railway
901 Standard Gas & Electric
26 | Standard Oil of New Jersey 777 Standard Oil of New York
291. 311 Texas Corporation
1141 1151 Texas Gulf Sulphur
178 179 Timken Holler Bearing
82 831 Trans America
68 G
Union Carbide & Carbon
201101 Union Faculó Eastway...
United Aircraft & Transport
2241
177 247 United Dry Docka
30 29 0.8. Boalty & Improvement
68 01
C.B. Stool
421 43
Vanadium
· (Contioved on nez! Volumn.).
Mr. E. S. C. Brooks then showed his Worship a printed circular ...128 127which he said was supplied to all ... 501 50 COIawains of the Ferry Company. ... 101 102 immediately after the Ordinance 701 Tag, was passed. Precautions had been Unq. 100 taken by the Company to prevent
12 Unq. excessive smoke.
801 20
421 411
His Worship said that from per
Mackintosha
Nanyang Tobacco... $4
Sincores (old)... $101
De
(new) ................) 893 Watsons ...ELA
811}
Wm. Powells.. $2
B. Ind., G.8 Bonds... 614% IK; fort. Loan
...$105
LOCAL AND BEGULAR OUTWARD MAILS.
27 28 sonal experience, he knew that very Canton...
. 1701 170 | little attention was paid to such
85 84 notices. It was, however, the first
87 Mut. case of that nature before him and
15 15 he would only impose a nominal
Ga Ene
761771
131 13
32
$5.
Straits, Ceylon, India, Mauritius, E. 48.
Africa, Egypt & EUROPE via Mar- Achilles reille due farveilles, 714 March
-
Swatar ...
Sxatow...
Sandakan
Swatow, Amoy an Feethow
LI
WEEK DAYS. ĮSUNDAYS & HOLIDAYS
FOR
FROK
G.P.O..
FROM KIUNOWAN BRANCH P.Q.
FROM 4.P.0.
FROM {SHRUNGWAN BRANCH
Shanghai & Dalay Amor
P.0.
Bangkok via Swa'or ...
+7,15 am: &) [7.30 am, &
(7.16 mm. &) ; 7.30 a.m. 18.00 p.m.
17.00 p.m.
7.00 p.m.
Bundays 7.00 pin. only
Manso & Tainshan
0.00 p.m. Beanays (p.m. only
(7.16 am, & ƒ 1,30 mm,
1.15 p.m.
11.30 p.m.
8.00 p..
(7.18 a.. & 1.15 p.m. Bundays 8.15.m. only 6.00 p
0,00 p.
6.00 p.
6.00 ..
-7.16 m.
7.18 AD. 9.00 13. 9.00 a.m.
BRUTE BEASTS. 37 351
Kongmoon (excep‡ Saturdayw)|| 5.00 p/m. 123 123 BATCH OF CRUELTY CASES.
Kaukong (except Saturdayə)...... G27 62)
The squealing of some pigs at Fateban (By Train) 23 tracted the attention of a police
Tai O 87 87% officer to the fact that the master 571 57t of a junk lying alongside a steamer Tai Po ... 1201 1201
in the harbour was overcrowding 113 1121 the animals into a small crate. The Sbumehna
63 62
... 321 321
man was arrested and charged be
53 sa fore Mr.. Whyte Smith yesterday
68 671 with causing unnecessary and avoid. Cheungchow
73 able crucity to the animals.
43} 421
80 ...2181 215
80
was found guilty and fined $25.
Another Chities who had crowded five chickens into a small crate was 501 50
Eined $10 while a third man wds fined 85 for carrying five chickens B2 CO 1601 168 by the winga. Yet another man was 53 14 fined for carrying two chickens
Westinghouse E. &M. (Co¤)..... 1634-1644i by the wings.
43
**
தமிழ்
1607
Kowloon P.U.
Leiters 10JP *
G.2.0.
Wednesday, 5th
B.CO
Tharaday, 6th,
Bog. 1.45 w
Letters
Chakang
2.31* 5:00
Linan
ilinading...
10.30 AM
Friday,
1.09 w
Saturda
Eiangchoso Antung
8th 3,00 PM
***
Sunay,
Sth,
Ewangchow
9.00 M
... Bargang
• Superscribed correspondence only.
0.0) 1.11. (9.00.4.00. &
18.00 p.m. 19.00 am, & 18.00
17.30 p.m.
& 4.30p.m. Saturdays 11.00 pm &
4.30
p.m.
11.04.
(11.00a.m.
& 400 p.m.)
6,30a.m. 1.00 p
10.30 .m
7.30 am, &
1.50 p sundays 8.30 a. Lonly
WHEN YOU ARE DUE FOR LEAVE
Send a Chit to 11, Ice House Street, and order the Hongkong Weekly Press
to be sent to you for
Three months
Six months.
Twelve months
He
6.30 ..
Aberdeen Stanley
1,00 p.m.
Antan, Plagaban, Gantin,
Shatin, Shataukok and Sheungshui Baikung...
a.00 p.m.
4.80 p.,
480 p.m.
-7.00 p...
Namtan, Sheki! & Taiping"
(Fuman)..
7.00 p.m.
$3.75
$7.50
$15.00