Money and Markets

NEW YORK STOCK EXCHANGE.

DISAPPOINTMENT OVER

U.S. STEEL.

[UNITED PRESS.]

New York, March 23-Following sa carly showing of resistance, * wave of selling developed on the New York Stock Exchange today and thought sharp declines towards the close, anys the daily review of the Dow Jones Financial News Agency.

Disappointment over U.S. Steel brought heavy offerings, and Steel closed off 1 to 100. Bethlehem closed up. however, to 107 Ludlum Steel was up to 40% American Rolling Mill was off to DI.

Four and a Half Million Shares

Gold.

There were many small sales and the tickers were once 45 minutes behind the market. Thereafter the sales volume increased, the size of the sales did likewise, and the tape eased. Total sales for the day eama to 4,598,050 shares.

broke

eight

Western Union points United Aircraft "lost after early strength het closed at 84, one point above the close yesterday.

U.S. Steel, Chrysler, Studebaker, Hudson, Gillette and a few others lost fractionally up to two points. Chrysler closed off, a point to 30. Hudson was likewise off one point, to 58. General Motors was off 47. Packard closed at 221, 'off 1.

Industrial Average,

NEW YORK STOCK QUOTATIONS.

New York, Mar. 2

Market standy. Basins dona 4,020,050 shares.

Adama Express...

Allied Cheinical & Dye...

Amariesa Can..... American Rolling Mill... American Smelting American Tol & Tel" ... American Tobacco "B American Waterworks... Anaconda Baltimore & Ohio Atlantic Refining

Bethlehem Steel

Warner Borg Calumet & Hedla Canadian Paciño Railway Chesapeake Corporation Chicago Roc

Rock Inland ...

Cities Service, Common Columbia Gas & Electric Calambis Graphaphone Commercial Bolvesta... Commonwealth Southern Commonwealth 8. opt, war. Consolidated Gas of N. Y. Continental Oil. Corn Prodasta

Caty, incorporated

1

Curtin Wright, Common Davison Chemical

Du Pont de Nemours... Eastman Kodak Electric Bond & Share... Erie Fallway

For Film AN

a

General Electric General Food General Motors... General Railway Signal Gold Dust Goodrich Eubber Goodyear Tire & Rubber Granby

THE HONG KONG DAILY PRESS MONDAY, MARCH 31, 1930..

Mlar, Mar. 94 25

THE JULIAN OIL CO. DAILY SHARE QUOTATIONS.

STARTLING DISCLOSURES

EXPECTED.

[UNITED PRESS.]

Los Angeles, March 24.-The off- cials who are farestigating the latest developments, in the Julian Oil Co. anash are maintaining se- 33 31 crecy concerning the identity of 147 1477 witnesses who are said to possess 021 911 valuable information concerning 74743

the disposition of many of the mis- sing millions.

... 260 238

... 237 240

** 100 100

Some who were in possession of 4848 inside information, however, declar. 1194 110)

104 1074ed to-day' that the evidence soon to

47 Elizabe. disclosed would be startling, ... 291 29

* 2001 2001

781 78

... 129 1991

20

88 38 94 95

28 27

32 841

18 181

121 120

201 281

121 12

42

They said that it was believed that practically all the money would be traced, including the my. sterious $35,000,000 which evaporat ed simultaneously with the trip to Shanghai of Mrs. S. C. Lewis, wife of the president of the company.

The company was a 8100,000,000 concern and what was saved for the investors was small after the crnah of May, 1927,

LATER.

The discovery that "the "atatula of limitations" would soon prevent ... IBA) 137 the possibility of further indict- 241 237ments in the Julian Oil Co. case 102 100 has caused redoubled effort on the ...Onq. 69 part of the District Attorney.

331 201 782 78 400 491 48 474

Because of the fact that the Juliah Co. Smash occurred three years ago, fresh indictmenta cannot be filed after May 6 of this year.

SHAREBROKERS

ASSOCIATION.

HONG

KONG STOCK EXCHANGE

Baytre Ballare Bates Not?!

SATURDAY, MARCH 29.

Harera Sallam ¦ · Sales

$1,400

$100

TINTI

im

$800

$1.10 $130

T.160

$415

3960

$880

$20

11 8 8.

$60

$1,400

Banks

$1,395

TH

£113 £18 £30

£181

H:K. Banks

Do. (London) Chartered Banks

***

Mercantile Bk. “A

. Đại côn

Bank of East Asia $100

Insurances

Canton Ins...

Underwriters

North Chin

M.850 Union Ins

China Fires

340

$780

$18

$403

Yangtaze Ins................

སྒྱུཎྜ*⪜ན**ཝ

F.K. Fires.....

$885

Shipping

Douglasen

$35

Steamboata

$43 Indes (pret)

1,380/|1,400

£18

£18

#1!!!!

11:11:

FOREIGN MAILS.

RADIO NOTICES

The Radio Office, where fall information concerning all wireises porvices ay be obtained at all times, is situated on the ground flour of the P. & 0. Building in Des Voeux Road, naxt to the General Post Office.

laturiduals and firms are recommended to register. their telegraphic ad Urusson at the Radio Office. No charge is made for this.

INWARD MAILS.

FROM

CANADA (Victoria, B.C., 8th March',)

U.S.AHONOLU, JAPAN, BANGHA) & Empress of Russia EUxora viAS DEssa(London, 11th Mar.}}

AFINILA

JAPAN

Pres. Mokintay

Gingo Maru

MANILA

STRAITE

T180

MANILA

BATAVIA

***

**

EBS

Tenyo Maru 'Fan Houtes Zona *Thbadak

Shirata St. Altane

JAPAN

U.S.A. (San Francisco, 8th March)

HONOLULU, Japan & SwanGHAYAN Ecxor via NEDAPATAM (Lattace only,

London. 6th Mas, & Parteis, 97th Feb. LONDON (Paresia, 27th Feb) & Stuarts JAPAN

JAPAN & BUANGHAI.......

***

U.S.A. (San Francisco, 7th March),

HOKOLULU, JAPAW♬ BRANKMAL AUSTRALIA & Maxita

429

Korea Maru

Patrochus Khyber

Kanagawa Maris Kalori Maru

Prik, Fan Buren Nellore

OUTWARD MAILS,

FE BILL L LEE****

REGISTERED and PARCEL MAILS are closed 15 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to close at or before 9'a.m., registered and parcel mails are closed at 5 p.m. on the previous day."

$50

800

Do. def.)

96/10

Shell Transporta

99/3 94/9

8251

Water-boat ...inmi

Mining

#6)

***

53/9

$90

!

Banquets..

Kailans

T1360 Langkata (comb.)

·T.7 Do. (single) 11.30 Explorations.

T5.40

Shanghai Loans Rauba... 21/- Trouch Mines

100 101

65 67 90 95

Great Northem Certificate Grigsby Grusow

181 Elim.

90.961

57 671

to

57 56

71 71

13

The District Attorney desires that any further action abould be air tight" and, therefore, he is at present chiefly concerned with the legal aspect of certain possible charges. in the United States such as bribery of the jury and other matters.

$163

$6.35

$0.40

£33

T.130

1.8

T.230

***

$3

The Dow Jones average for 30 industrinis was up 1.30. Vanadium advanced four points to close at 13. Westinghouse was off a point, to 1623. Du Pont gained closing at 137. American Car gained to close at 1471 Allied Chemical was up 4 to 953 at the close. Eastman was of 1 to 2394.

For 20 rails, the Dow Jones aver. age showed a recession of 14. to 153.47. Pennsylvania was off a quarter-point to 834. New York

Central was off one-half to 187, Rock Island rose to 1991. Cang dian Pacific gained 1 to 3091 Union Pacific gained 11 to close at 237 and Northern Pacific was off 1 to 933.

Losses on Utilities.

The Dow Jones average for 90 utilities was off 1.24 to 89.81. American Tel. & Tel. lost half a point, closing at 401. Internation- al Tel. & Tel. was off a point to 62, Radio Corporation was off to 49: Electric Bond & Share dropped 1 to 100, Columbia Gas & Electric was up 1 to 954. Standard Gas & Electric was off 3 to 111 and Con- solidated Gas of New York was off a point to 320: Pacife Lighting war off 91 to 002.

off an

Anaconda Copper was eighth to 15. Gold Dust declined 1 to 411. Montgomery Ward de clined to 303. American Tobacco

B" was up three points to 240). Call money remained at 4 per

cent..

THE CHINESE CLUB.,

OFFICERS FOR THE ENSUING

YEAR.

***

Hudson Motors... International Cement... International Combus. Eng. International Harvester Int'l Hydro Electric "A" International Nickel International Frinters Ink International Products, Com....

Johns Manville. International Tel' & Tel. Kenaocott Copper

Tolf Krooger & Lambers Liggett & Myers B*** Ludlum Steel - Mack Trucks

***

Madison Square Garden Missouri Pacifo

Montgomery Ward

...

124

Inquiry into the reported "trunk- 4545ful of money" which was said to 42) have started off as part of Mra. Unti 314 Lewis' baggage bad, not produced Unq.

As satisfactory results. The matter 130 130 will be further investigated, "pro- 68 68 bably with such assistance as off. 304 303 cials at Shanghai and other places 106 106may be able to give.

634 824

... 110 100

... 102

1111

!!!!!

!!118

NgHI

19/3

Docks, Wharves,

Godowna, etc.

HK. & K. Wharfs... $152 Providents.....

H.K Docks

Shanghai Docks ....

New Engineerings

Hongkowa..........

Cotton is

T13,60 Ewos

T.80 Shai. Ctons (old). TLS

1285/18 $70/1

Do. (new)...

T.10 Zeong Singa

Lands, Hotais gad

Buildings

ELK. & S. Hotels

T.340 Shanghai Lands...

Public Utilities

Tramways.

401 401

85 841

12 Unq.

931 Ung.

40 391

29 20

.... 1871 187

04

Cabled inquiries are being made to the authorities at Shanghai and. other porta visited by Mrs. Lewis in the course of a voyage marked by liberal epending and, officials here believe, possibly by more per mament investments in securities 931 of some sort.

$12.95

$79

H.K. Lands

$3,40

$14. Humphreys

HK Realtys............

$88

Chinese Estates

futi 754 $39 154 157

$20.20

207.10

CARNERA'S "KNOCK-OUT

***

911 $8.05

Peak Trams (old).

381 382

PARADE."

102 1011

501 491

88 877

DETROIT FIGHTER LASTS 2 MINUTES.

271,

$17

$221/460

$712/31

(THROUGH REUTER'S AGENCY.]

031

Nevada Consolidated Copper... New York Central Northern Pacific Railway Pacific Lighting Packard biotor Car Paramount Famous Lasky Pennsylvania Railroad Penaroud Corporation... Phillips Patroleum Puhile Service of N. Jersey Radio Corporation Keynolds Tobacco ! B Sears Roebuck.... Shell Union Simmons Company Southern California Edison Southern Pacific Hailway Standard Brands Standard Gas & Electric Standard Oil of New Jersey Standard Oil of New York

144

... 124) 124 Elim

1141 1113

701, 729 |

DENVER, March 20 Carrera knocked-out Jack Mc- Auliffe, of Detroit, in 2 minutes, 354 35 16 seconds of a ten-round fight, br 57 58

a short right uppercut on the chin. 851

American Public Fed Up,

031

83 812

02

Teza Corporation Texas Gulf Sulphat Timken Boller Bearing Trana America Union Carbida &Carbon Union Pacife Railway... ... 230 287 United Aircraft & Transport... 83 v.8. Realty & Improvement United Dry Docks

... Unq.

1.8, Kubbar

C,S. Steel Vanadium Westinghouse E. & M.... Willys Overland

84

7+

741 72 303 304

1921 100

119 123

183 182) Elim

. Judge Cluer, in a case at Shore- ditch in which a man said he had At the 32nd annual general meet-not given his wife authority to ing of members of the Chinese Club (Bank of Canton Building) held on Saturday, the following were elect ed as officials of the Club for the ensuing year:

Chairman. Mr. M. K. Lo. Vice-Chairman, Mr: Tang Sui

Kin

Hon. Secretary-Mr. Woo Pak Luk.

Hon. Treasurer.-Mr. Chau Ping

General Committee. Dr. Kwan Sum Yin, Mr. B. Wong Tape, Mr. Li Hoi Tung, Mr. T. N. Châu, M S. M. Churn, Mr. Ko Po Sum, and Mr. J. M. Wong.

EXCHANGE RATES.

[EXITISH WIRELESS BEEVICH.).

Paris

New York'

Brussels

Geneva

Amsterdama

Milan

Berlin

Stockholm

Vienna

Rugay, March' 29.

194.20 4.60,9/32 134.877

CINCINNATI, March 28.

The National Boxing Association has announced that a commission will immediately investigate the results of all Carnera's fights under ita jurisdiction.

Do.

+4

541.

T.14

DATE & TO

FOR

Monday, 91st

$5.35

$3.201.40

Brator...

831 T.120

2.7

Shanghai

Japan, Canada, D.SA, C. & R. Amarica";

&FDBOPE via Victoria. 50,-" das Victoria, B.Q., 18th April

Hakone Maru Hydrangea

10,31 a

2.80 r

Pres. Mokinioy

Parcels Bog.

8.00

435 P

Listtors

Bog.

5.00 +

Shanghai & EUROPE via. Siberia Saigon, E. Africa via Mombasa & #South)

Africa, vis Lourenco Marge

Pros. MaKinley Letters

8.00. M

Qanada Maru d

3.30 ra

APBIL

¿Taes !ny...

T.832

T.31

Foochow and Wai Hai Wei ... ⠀

Kueichowo...

Tut, 8.30) A

T.01

Straits & Calcutta

Kumsang

Straits, Ceylon, India, Mauritius;*E. &*8.

Africa, Egypt & EUROPE" ría Mar- neilles-dno Marssiles, 2nd May

Menelans

Rog. Letters

Paroela Noo Letters

1.00

Kowloon P... Reg.: 100 M Copters 1,00 PM

G.P.O. ..

9.30 M 1.00 #

T13,45

:::

Da. (new)... $3 Star Ferries

8711

C. Lights (old)...... 822

(new)...... 817.80

Do. (comb.)....

H.K. Electrica

Macao do.

86.05 Sandakan Lights ....

Telephones...zi...

China Buses......... Tractions

Do. (pref.).

Industrials

$131

T.19

T19.10

18/3

Stanley Isaacs, President of the Association," stated that the Ameri- can public was fed up with reading about third rate and fourth rate boxers being sacrificed in the ring agalust this 20-store invader. E

$21. described Carnera's "knock-out $0.80 parade" na "a bunco act," and $281 added that the Commission would be empowered to recommend dis-

T.10

Caldbeck, (onl)

T.10

Macgregor (pref.)

Canton Icea $21.

$21

Constractions $1.20.

813

$20 $20/

Swalow, Amoy and Foochow

Saigon...

Maula

Babanl

Pong Tong

Bremerhaven

> Emp, of Bueria

Foo Shing

Shanghai. Japan, Honolulu, U.3.A."

Carada, Central & South America, and *ED ROPE via Ban, Franciado— doe San Francisco, 25th April and

EUROPE Tis Siberia

Tenyo Mars

$73

Systow .. Haiphong

เจ

bat

Sandakan

313

Straits and Calcutta

Swabow and Amoy Shanghai

3.30 r

3.30PM

4.30 P.I

5.00 M

Reg. 5.00 v Wednesday, and, Letters

8.30 A

Wednesday, 2nd,

Szechuan.. Goo. Gas, Marlin- Hinang...

830 AM

8,30 AM

Takada

Parcele Letters

∙10.3) ▲ M 11.00am

Noon

-11:30

3.30.X 3.30

4th, 880 AM

Noon

1.45 PV 2.30

2.00 N

9.00 F

5.00 F N-

Kowloon P.0. Beg. 4.3 x Lot, 5th, 9.00AM

0.2.0.

Beg, 5th, 8.45 A ¡Letters · 9.30 Ú

Saturday.

You Houles

Amoy

Taran Tainan

Friday,

3154

Cements (comb.)... $16.40

Shanghai, Japan & *EUROPË via Siberis Manila, Bandakan, Australia and New) Zealand vis Thursday Island-date, Thunday Island, 19th April ... Foochow

Mishima Marú

St. Abbana

Par

Hex. Leitera

Triming

$15.8

SIG

"Do

(old)...)

*w.tow, Amoy

& Foochow

Faining

211

$4.05

Do.

(new)...

$3+

$7.60

$7/1

Ropes....... 36).

*Straits, East Africa via Mombasa, Bouth Africa via ourenco Marquea & South

American Porta...

Kanagawa Maru

$0.80

China Sugarsunar

827

·

Malabon Sugars...

$29

$8

United Asbestos».

МисоПалести

Straite, Ceylon, India, Mauriting, E' & 3. Africa, Ador, Egypt & Europe vis Marsailles-due Marseiller, dih May

Katori Marus.

8211

Dairy Farms

T

$1.30

Japan and South American Ports

Binyo Maru

$24

$2.65

Monday,

Amoy

10.80 ▲

7th, 6.00 PX

Bwatow & Foochow

Chip Shing

5.00 T

$19

Do. (new)..... 89,90 $11.40 Watsons

Tuesday, 8th,

912.20

Wm, Powells..........................

Swatow, Amoy and Foochow

Baithing...

1.00

Kow co P.O.

B. Ind. G.8 Bonds... H.K. Govt. Loan

Saigon, Ceylon, India, Mauritius,

Reg.

1,00 P

Fast and South Africa, Adon, {| Alice 27 Egypt & EUROPE in Marseillea due Marsailles, 9th May

Latter: 2.00 x 2 G.P.O.

Beg,

1.45.2 w

Leitere 280

Bwatow

Bongsong

5.00 PM

WEEK DAYS, -

FOR

FROM G.P.0.

FROM SHEUNGWAN" BRANCH PO

FROM G.P.O..

[SUNDAYS & HOLIDAYS

FROX SHEUNGWAN

*paperscribed correspondence only.

BRANCH

*P,0.

$7.15 am. &), 7,30a.m. 16.00p.m. 7.00 p.m.

order clothes: It has been jaid down that no mercer shall dress ciplinary action if such appeared to $18 my wife as he pleases; she shall be justified. dress as I please

AMERICAN STOCK QUOTATIONS.

$2.85

444

.7%

prem

LATEST WALL STREET PRICES.

The following quotations have been received from their cor- respondents, Messrs. Hayden, Stone & Co., of New York, by Messrs. Swan, Culbertson & Fritz, Sassoon House, Shanghai, fcable address: "Swabstock," Shanghai), who are not responsible for cable inutilations:

Tone of Market-Firm. "No. of Shares done.-4,500,000.

Call Money

per cent.

American Smelting. Anaconda Copper Baltimore and Ohio Borg Warner & Co. Chrysler Motors

City Service Common

Curtie Wright Common

Electric Bond and Share.

Goodyear Tire and Rubber...........

International Cement

Montgomery Ward ....

Der A. Wings.........

Amusements. 828

Lane Crawfords ...

Mackintoababay

g Tobacco...

(old).........$10.70-

LOCAL AND REGULAR OUTWARD MAILS.

NEW YORK, March 28.

Canton

Last Dividend.

Latest Sales. 70

120

Macao & Tunahan

(7.36 am. &

L16 pm.

7.30 a.m.. 1.30 p.ni

·50

40

300, A

1.15 p. Sunday's 8.15 m. Lonly

None

8B

Kongmoon (except Saturdays) 5.00 p.zz. Kaukong (except Baturdays)

.6.00 p.m. 6.00 p.m.

6.00 P

BO

110

Fatahan (By Train)

50

7.15

104

Tai O

Tai Po

Missing

Shumchun

1.30 Sundays 8.30a.m.

p.m.

Lonly

·8.00 pm. 8.00pm

(1.15 am, &) [7.30 am, & 4,00 p.m.. 7,00p.m Bundaya Sundays (8pm. only 7.00 pap

Lonly

17.15 sm. & (7.30 am. &

8.30 2.17%

Trade Notes & Statistics

Are always of interest to Progressive

Business-mer You will find many

important facts and figures about

South China trade in the "Weekly

Press. Price 30 cents'

$15 per annum postmor

address in the world,

7.15 9.00 .m (9.00 am & {1.00 p.m. (0.00 B., &

8.00 p rized pan.

& 4.20pm. Baturday

1:00 pm.

4.00 sm. *-9.00 m

LORD.

$11.00 a.. {& 1.20 pim

25.130

12.39

92.80

Eastman Kodak

22.371

18.00

General Motore

Copenhagen

18.161

General Hy. 'Signal

Qilo

18.17 34:51

Gold Dust

sui

Prague

164 3/18

Granby Consolidated

Helsingfors

103

Madrid

39.35

Lisbon

108.30

Nevada Consolidated

None

Athens

Bucharest

375 818

Seara Roebucke & Co.

2D

4.30 pm.

Aberdeen

~ 8,30 km.

Riot

9:25/39.

Simmons Co.

Stanley

Buenos Aires Bombay

Shanghai

Hong Kong

Silver (spot). Silver (forward)

Standard Oil Co. of New Yor

1.60

35

100 p

Autan, Pingalan, Bantin

T/6 13/16

Union Carbide and Carbon..

2.00

104

Shatin, Shatzukok and

3,00

2/11

United States Steel

Bheangahul

1/4

APlus stock extraa.

O-Payable in stock:

D-Plus 4% in stock.

Salkung

4.30'p.13.

1.00 pm. 10.30

430 prite

B-Includes stock extras.

E-Plus 0% in stock.

Namian, Shakki & Talying

(Friman)

Radio

Cheungehow

7.02 p.#

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