Money
and Markets
THE HONG KONG DAILY PRESS SATURDAY, APRIL 5, 1930.
NEW YORK STOCK
QUOTATIONS."
New York, Mar. 29. Markot Arm Business done 2,791,700 shares.
Adamo Express ........
HONG KONG SHARES. THE METAL MARKET Ailled Chemical & Dye...
BENJAMIN & POTTS' "WEEKLY REPORT.
our
The improvement in the local share market referred to in circular of the 8th instant has become more general during, the past week and a very good business has resulted in both investment and speculative stocks, and in many instances at enhanced rates. In apite of a good deal of proht tak- ing there is no weakness in the market, which closes strong at very substantial advances on last week's
• quotations.
Banks-Hong Kong and Shang- hai Banks in sympathy with the .drop in Sterling Exchange, have further improved and were booked A $1,400. The latest cabled quota tion from London is £118 (Middle). Marine and Fire Insurances.-- Unions have had a further big "advance resulting in a rise of $45 during the week and shares have changed bands up to 8430, closing with sellers at 8445. Cantons have likewise strengthened. and were placed in fair quantities at 8810. Hong Kong Fires have also harden ed and were negotiated up to 8015, while China Fires are enquired for at the improved quotation of $355. Underwriters are higher with buy- ers at 81.
come
HORNBY, HEMELRYK'S
REPORT:
Messrs. Pentreath & Co. have forwarded us the following letter, dated March 6, from Messrs. Hornby Hraelryk & Co., Liverpool
COPPER.
Close yesterday: Cash; £07,5, last week: £80.7.6; Three months: £37.3.9, la week: £48.13; New York. May 16.75., last week:
16.730.
of
American Can, coll American Rolling Milk.......... American Smelting American Tel. & 'Tol. American Tobacco "B"
American Waterworks...
Anaconda Copper Atlantic Bedding Baltimore & Oblo Bethlehem Steel Calumet & Hoca Born W
Warner Canadian Pacific Railway Chesapeake Corporation Chicago Rock Island "....... Chrysler... Cities Service, Common Columbia Gins & Electric Columbia Graphaphone Commonwealth Southern
Commuraial Solvente...
Commonwealth J. 8, warr. Consolidated Gas of N.'Y. Continental On... Corn Froducia Caty, Incorporated
Business has Been only moderate dimensions during the week, features being the absence of demand for cash and a renewal of
Curtiss Wright, Common. buying interest in forward inetal Davirica Cosmical for American account. The back-D'Pont de Nemours. wardation has accordingly almost Eastman Kodak disappeared, and Standard values Electric Bond & Share...
Erie Hallway now compare still less favourably Erie,
Fox Film "A" with the selling basis if Electro.
General Electric General Food General MotoTE ... General Railway Signal. Gald Dust
The Londos Metal Exchange re- turns of the stocks of copper in the United Kingdom are as follows :--
Sales of Electro are reported from the U.3.A.. as steadily improv ing, but they are still far from satisfactory considering that con- sumers' crders in hand are calculat- ed to require 100,000 tons a month over the next three months. Rumours of a cut in the selling price next month to 18. per lb. are, Shipping. A small decline has however, "doubtful of fulfilment, as occurred in Douglas Steamships output is evidently being severely with sales reported at 8223. Hong curtailed as an alternative mea. Kong, Casten and Macao Steam-sure.. boats have receded to 828). Water- boats have risen to $26. Shell Transports are. firmer and through from London at 97/6,
Docks, Wharves and Codowns.-
Refined Rough Total Wowloon Wharves show a further
Tons. Tons. Tons. improvement over the week, the Feb. 27, 1930... 3,574 4,929 8,303 price having advanced from 8131) Jan. 30, 1930... 3,320 3,797 7,317 to $158, with business done at in
Our New York correspondents tervening rates closing with sales ap $183, Whampoa Docks are a shade cabled last night that the market 18 better at 833. China Providents dull. The demand is small. were negotiated at 83.40/5). Shanghai Docks were realised again at Tls. 130. Hongkew Wharves are higher with buyers at Tia. 230 ox the final dividend of Tis. 12 just paid. New Engineers can be placed at Tis. Bļ.
wanted
TIN.
Close yesterday-Cash: £103.12.6, £165.17.6. last week: £174.2.6; New last week: £71.10; Three months: York, May: 36.33c., last week:
38.200.
Lands, Hotels and Buildings.- Hong Kong and Shanghai Hotels The idea is gaining ground that after being offered at 813 came into the worst has been seen, especially strong demand and were negotiated from the statistical point of view, up to $13.80. Hong Kong Lands the February figures being credited were booked at the outset at 871 with more nearly representing the but gradually rose to $75 at the true state of supplies than at any at 873 time during the past twelve months, close they are Realty's have fuctuated between as it is now believed that practical 881 and 88.00. Iumphrey's Estates ly the whole of the hidden stocks were done at $14. Shanghai Lands has been eliminated. have improviď to a buying rate of The Smelter output in the East Tis. 245.
alone is reliably estimated at 6,500 Public Utilities.-A large busi- tons during March, which repre- ness was done in China Lights up sents a curtailment of about 2,000 to $2:3 and $10 for the old and newtons compared with January. shares respectively. Hong Kong
·|
+
DAILY SHARE QUOTATIONS.
HONG KONG STOCK EXCHANGE.
SHAREBROKERS: ASSOCIATION.
29 29.
fayev
Salbera
Balte Nails
FRIDAY, APRIL 4.
Bayoru | Ballsen
Bale ordina!
204-302 151 154 DIZ. BI
734 75
****2571 2601
2434 2434 11119
$1,400
Banks
E118
FL.K. Banks
Do (London) ... Chartered Banks...
#1,395
If
FOREIGN MAILS.
RADIO NOTICES.
The Radio Ofice, where full' information concerning all wireless service may be obtained at all times, is situated on the ground floor of the P. & U. Building in Doa Vœux Hoad, next to the General Post Offione
Individuals and firma are recommanded to register their telegraphis ad-
- dresses at the Radio Ofica. No charge la mada for this,
The wirelons rats per word on telegrame to British North Borneo has been increased to 30 canta pór word with areas from od inst.
218
INWARD MAILS.
120 121
£30
Mercantile Bks. “A'
108 108
£18]
Da
$109
Bank of East Asia... | $107
From
PER
Însuranoss
SHANGHAI & Swarow
Kupak
$810
-$815
Canton Ips.
$1,40
98 29
Underwriters $1.38 $1.75 $1.00
T.160
North Chins .......****
***
T180
20.28
301 301
$443
$445/8
M.450
Union Instaste
$4.35
HH
170 171
Yangtara Ins
**
$30
EUROPE via NROAFATAM (Papers only.) London, 8th Mar, & Parcals, 17th Feb. U.S.A. (San Francisco, th March),
HONOLULU, JAPAN & SHANGHAI JAPAN
Khyber
5th Apr.
Ith Apr.
Pros. Van Buren
5th Apr.
**
$365
China Fires... $345.
AUSTRALIA & Manita
Madras Mars Nellore
6th Apr.
6th Apr.
$900
10
$900
MANILA
Empress of Ruania
6th Apr.
1241 1201 20 201 101 100
MAMILA
Pros, Jeferson
Nom Bang
801 301
Fris, Grant
6th Apr,
7th Apr.
7th
Apr
JAPAN & MANILA
Tatents Maru
11th Apr.
Pra.
Lincoln
11th Apr,
JAPAN & SHANGHAI --
$25
FOR
MANILA
Siberia Mar
1th Apr.
Sawa Maru Pres. Grant
18th Apr...
14th Apr.
Bags, Hars
17th Apr
131. 12
H.K. Fires********
Douglases ........................) $29.
@
Shipping
$927
41 42
Steamboata...
$30
1401,143
$43*
Indos (pret)"....
236 2391
$60/-
Do (det)...........
1001-109)
97/0
Shell Transports ..... 95)-
501
Water-boata
33 391
83 80
Mining
B0
104 Ung:
$8.83
Benqueta
53/9
Kailas
Goodrich Rabber Goodyear Tire & Rubber Granby Hadson Motors...
Cortificatos Groat Northern International Cement le International Combus. Eng. Iatorustional Harvester Int'l Hydro Electric "A"
463–47 International Nickel
42) Ung. International Printers Ink... Ung. 59 International Products, Com.... Ung. 7 International Tel. & Tel. 64 841 Johns Maariile ...
... 126 125) Kennecott Copper
50 59 Kreuger & Toil Lambert
***
Liggett & Myers "B"... Ladium Stea Mack Trucks Madison Square Garden Missouri Pacific
Montgomery Ward
T1360 Langkats (comb.)
T.7
Do. (single)....
T1.30 Explorations.......***.
T5.40 Shanghai Loans
$201
Bauba
21/
***
Tronoh Mines
19/3
Docks, Wharees,
Godowns, etc.
H.K. & K. Wharfa... $155 Providents......
1128 Shanghai Docks
New Engineerings
$155
$5.40
$5,45
$35
H.K. Docks
·T.128
T3.05
31 Unq.
T.S
111 111
T.230
Hoogkews............
M
39 401
Cotton Mills
87
314 114
T.13 $13.10
Ewos
T.80
S'hai. C'ten (old)...
301 301
T.78 7.10
Do. Zoong Sings
(now)...
CATE
T9.85 T:10
...110 100
Novada Consolidated Copper ... New York Central Northorn Pacifio-Hailway Packard Motor Lar *..... Pacifio Lighting
Peonylvania Railroad Paramount Famous Lasky Pennroad Corporation... Public Service of N. Jersey Radio Corporation Reynolds Tobacco "B" Seara Roebuck Stall Union Simmons Company
Phillips Petroleum
20 20 139.190
961 901
106 104)
221 22
761 761
842 961
$13.10 818.30
18 131
$79
$73
$724
381 381
246)
110 109
$8.80
51 631
$14
58
308
***
831 231
29+ 231 43 401 Bouthern California Edison 833 641 $21.30 Standard Gau & Electric Fouthern Pacific Railway
..1241241 standard Oil of New Jersey...
... 115 114
721 Unq. Standard Oil of New York 351 35 Texas Corporation
58 871 Texas Gulf Sulphur.. 861 651 Timken Roller Bearing.
rans America
Union Carbide & Carbon
for
mim!
$244
840
451 45
$13
1031 100i
... 239 242
$131
T.19
5+
10/-
TX 721 -18/3
... 301 30
10171931 116 119
Union Pacifle Railway... The market turned flat on Fri-United Dry Docks
United Aircraft & Transport... 831 871
U.S. Kubber
Electrics have had transactions at day in expectation of unfavourable 7.8. Realty & Improvement 871/874 and more can be placed at figurea, but after a steady tone at C.S. Ste $724. Star Ferries changed hands the beginning of this week, weak-Vanadium
at 973. Hong Kong Trams were dealt in extensively at various rates from 821 up to 8212, the market closing with buyers at $213. Thele phones fetched 8133.
Miscellaneous.Ücals were made in Green Island Cements (Combin-
buyers at the latter figure. Wat son's have been the medium of busi-
ness
liquidations by disappointed longs,
further set in da heavy Westinghouse E. & M..... although at the close yesterday
... 185 1001
afternoon a slightly better feeling. Lady Stewart, widow of Sir
prevailed.
Statistics for the past month dis--
were 15,10 tons, and deliveries, of which America took 4,940 tons,
Francis Stewart," who was Liberal
816)
$10
$7.15
$0.80
85
**********
Lands, Hotels and Bulidings
H.K. & S. Hotels...
HK Lands A
Shanghai Lands
H.K. Healtys $2
Humphreya
Chinese Estates
#!!!!!
!!!!
Calcutta & StraITH
U.6.A. (Ban Francisco, 14th March),1
HONOLULU, JAPAN AND SHANGHAI
KAR
**
U8.4. (Seattle, 22nd Mar.), Cabana,)
JAPAN & SHANGHAI
AUSTRALIA MANILA
U.S.A. (San Francisco, 22nd March),)
HONOLULU, JAPAN & SHAPURA! "Ganada (Victoria, B.C., 19th March},{
US.A., Japan & SHANGHAI 0.8A (San Francisco, 18 at March
Honolulu, Jayam and Swanquet U.S.A. (San Francisco, 28th March),)
Honolulu, JAPAN & SHANGHAI
Shingo Maru
Buy rent of Aris
Pi. Garfaid
Pres. Cleveland.
OUTWARD MAILS.
17th Apr
17th Apr.
19th Apr.
21st Apr
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 am, registered and parcel mails are closed at 5 pm on the previous day,
FOR
DATE & TIME
$13.30
572
Straite and Calcutta
Fort Bayard
Hamburg
arcela only for Germany vis Forts and
Saigon Banita
tw
PEL
Saturday, 5th,
T19.15 T.834
Tal
Straits, Ceylon, India, Maaritin», *E. & *9, Africa, Aden, Egypt & Carope vis Marellesdae "Biarseilles, 4th May
Kalori Haruf Beg.
8.45
watten
9,90 AM
Japan and South American Ports Straits, East Africa via Mombasa, South Africă vin Lourenco Marques and *South America Ports
Ginyo Maru Kanagawa Mare
1030
11.30 **
Talamba
Par. Lattern
Noon
++
rab
Public Utilitie
Wing Lee..
Trier ...Shun Chih
Pres. Van Burra... Shanghai, Japan & "EUROPE via Siberia Khyber Aikui Amey
and
..
1.00 W 2.80 M
3.$17
18.00 PM
5.00 2 » 5.00 6.00 P
$21/
Tramways
$21.30 821.60 91.16/. 40
ĮSunday,
6th,
$112
$6,05
Peak Trama (old),
Do.
(new)... $5)
Foochow
Liangchoro
9.01 A
$72
Star Ferries
$79
Bangkok vis Swatow
C. Lights (old)............| 324
3234
Swatow, Amoy & Forma
Kwangchow Hozan Maru
9.00 & M 9.00)
Do. (new)......$18.50 H.K. Electrica”...............
8197
Monday, 7th,
$79
$73
Nolou
10.3J A
Cebu
Kez.
1.45 *
$134
Madras Maru ... Hydrangea
Pres. Jeferson...
Loiters
2.30 PM
2.30.
Parcela
3.0J EM
og 4.15 M
tors
6.00
Industrials
T.10
Callback, (orri.)
•
T:10
Macgregor.(pref,)
*swstow
Foochow...
Prez, Jefferson Nam sáng. Chip Shing
tog. Leitore
3,00 r
6.00 M
6.00 Y.M
5.00 M
$21
Canton Icen
Tuesday,
stb,
$16.30
Do
Do.
(old) (now)...
Boibow...
Kingwyn Hatching
8.30
1.00
$7.20
Ropes en
$7
871
China Sugara *-*****-* |
$27
Malabon Sugars
$29
Saigon, Ceylon, India, Mauritius,
Kou con F.O.
1.00
1.00
United Asbestos....
SUP,Q
Reg. 1.45 1
Miscellaneous
Dairy Farmas
Hangsang Bop, of Bussia
18
871/2
Macno do.
85.05 Sandakan Lights ....
Telephones.......
China Buses
Tractions
Do. (pret).....
323
$23) $23/1
430
ed) to a considerable extent from close an increase in the visible sup-candidate for North Kensington at 815) up to 816. Dairy Farms were ply of 4.147 tons. Supplies, which the general election, "bas joined the done at 8921/93, and have further include 9,300 tons from the Straits Labour party. "My reason for taking this step," she said to a Liberialism completed its work in the reporter, "is that I feel that "neas at $10.60 ex, the dividend of 70 totalled 8,95 tons.
cents just paid. Hong Kung Ropes
last century and that we must look The London Metal Exchange rete the Labour party now to deal were realised at 87 and 87 turns of the stocks of tin in the with the task that confronts the $0.80 Hauls have further appreciated to United Kingdom are as follows:- present century, Private enterprise 829 820, while Benguets have also February 2, 1930: 14,813 tons, and cannot
the aolva strengthened and can be placed at January 30, 1930: 13,631 tons.
problems of 88.85. Amusements were taken off
poverty and bad housing as they
$18 the market at 830.
Our New York correspondents exist, to-day, I do not propose to Cotton Mills. Beyond sales of cabled last night that consumers stand as a Labour candidate yet. Ewes at Tis. 131/Th. 13.40 there is and operators are good buyers on I would like to do more local gov
the decline nothing to report in this section.
ernment work first."
Rubbers. The following are the latest cabled quotations received from Shanghai-
Consolidateds
Tis. 7.50 Buyers.
Anglo-Javas
Anglo-Dutch
4.95
Batu Anama
.73
Chemors
1.35
3,25
Kroewocks
2.00
Repaha
1.30
Tanah Meraha
1.90
Tebongs
2.20
Ziangbes
.6.00
EXCHANGE RATES.
(BRITISH WIRKLESS SERVICE)
Paris
New York
Brussels
Geneva
Amsterdam Milan
AMERICAN STOCK QUOTATIONS.
· LATEST WALL STREET PRICES.
The following quotations have been received from their cor respondents, Messrs. Hayden, Stone & Co., of New York, by Messrs. Bwon, Calbertson & Fritz, Sassoon House, Shanghai, (cable address: "Swanstock," Shanghai), who are not responsible for cable mutilations:
"NEW YORK, April 4.
-Tone of Market-Firm.
No. of Shares done.-4,600,000. Call Money. per cent.
American Smelting
Anaconda Copper Baltimore and Ohio
Chrysler Motors
City Service Common
32.85
€2/
prem.
Cementa (comb.)... $181 | $184|16.25/35
Dar A. Wingi............... Amusements $29
$1.30 Constractions
$12
Lane Crawford:
.....$1,20
Mackintoshse
Nanyang Tobacco... Sinceres (old).......810.70
Do. (new) ...... $9.00
$1080) Watsons ................................... $10,60}
Wm, Powells...... $2
B. Ind. G.8 Bonds... 827
H.K. Gort Loan ........| #107
123
324
819
Mazil, Australia & Now Zen and vis
Brisbane-due Brisbane, 24th April...] Swator..
Japan, Honolula, U.S.A, 0. & 3.7 America, Canada & EUROPE Tin Ban Francisco das San Francisco, 30th Apr.) Shanghai & EUROPE via Siberia Amoy
FROM FROM SEKUROWAN G.P.C. BRAKON
PO.
Fort Bayard, Hoikow, Pakhof & Haiphong | Penkia Swatow, Amoy and Frooshown, the
East and South Africa, Adad, § 1- dikos 11 Egypt & "EUROPE »ja Marseilleḍ-- dao Marsellies, 9th May"
Swatow***
Shanghai, Japan, Canada, U.9.A,,; C.
& 6. America & *EUROPE via Van- | enver, B.C.-due Vancouver, B.C., 28th Apifl, & *Europe vis Siberia .....
Amoy....
Hoihow, Pakhoi & Haiphong
Foochow and Wai Hai Wel....
Bwatow, Amey and Foochow
Taiyuan ...
Kanchow
Huichow Haiyang
Straits, Ceylon, India, Mauritius, E. & 8.
Afrien, Aden, Egypt & EUROFE| Malwa ... Tia Marseilles-due Marseilles, 8th Hay
in
5:00 PM
5.00 PM
Wednesday 9th,
Parceir
Less
9.15 ▲ M
Lotters 10.00 a
Wednesday 9th,
- 9.30 m
Thursday, 10th,
Friday
9.33 & M
11th,
830
1.00
Burlon P.0.“ Parcels 4,20 M Beg. 1Eth, 9.00 Letters 10.00
G.P.O Part1th: 5.00 Rag.,12th,8.45 A. 18° Letters 10.80 A
Monday: 14
8.30 A
10,80 A M
3.00 4.IN
8:00>
LOCAL AND REGULAR OUTWARD MAILS.
Shanghai, Japan, Honolulu and "San Francisco due San Francisco 8th MAY
Japan, Canada, U.9.A, C. & 8. America ) & EUROPE via Victoria, BO
das Vistoria, B,C,, 21 May
Shanghai and "EUROPE via Biberia
Biraita, Ceylon, India, Mauritius, E. & B.1 Africa, Egypt & EUROPE via Mare, seilles-due Marseilles, 14th May --
WEEK DAYS.'
SUNDAYS & HOLIDATO
FOR
FROM G.P.O.
Txox SHZUNGWAN BRANCH P.O..
Canton
(7.15 am. & (8.00 puzz
7.30am. 17.00 pun
Last Dividend.
Latest Sales. 77
(7,16 mm, 4) (7.80 km, &
5.00 pa 1.00 pm Bundays
Sundays (p.my only 200 p.m.
caly
Shanghai
Rucay, April 3.
79
124.99
Macao & Trizsban
120
7.15 a.to, â| §-120 2.2. 11.15 p.m.
1,30 p.m.
4.865
38
34.865
*30c, A.
42
.25.125
12.112
Curtis Wright Common
None
34
Kongmoon (except Baturdays) 5.00 p.m.
02.79
Eastman Kodak ........
ав
233
Kaukong (except Saturdays).
8,00 p.. 6.00 pazi
(7.36 m.x. & (7.30 am, & 1:1.30, pp.
120 p Bunday
Sundays 8.15.
8.30 m Lonly
only 6.00... 5.00 p.m.
8.00 pm
Berlin
20,38
Eleptir Bond and Share
109
Stockholm
18.10
General Motors :
Fatabad (By Tila)
7.18 am
Copenhagen
18.17
General Ry. Signál
104
Tel:0... "
Vienna
Bucharest
Prague
Helsingfors Madrid .... Lisbob
Athens
Rio
Buenos Aires
Bombay
Shanghai... Hong Kong
Yokohama
Silver (spot)
Bilver (forward) 4:19 1/16
1641
Gold Dust...
43
Tai Po....
34.525
Goodyear Tire and Rubber ..........................
103
Granby Consolidated
Shumchun
38.70
Intemational Cement
109.30
Montgomery Ward
376
818 5/13/16
Nevida Consolidated
·Radio
Cheungchow
None
Scar Roebuck & Co.
21D
4.80
Simpson Co.
3E
Aberdeen
1/6 13/16.
Standard Oil Co. of New York
1.80
Stanley
9.00 am. (9,00a.m. & 18.00 p.m. 9.00am. 8.00
pi [12.30 pm.
& 4:30 pm. Batorisys
100 p.m.
Tal
8.30 m,
1.00 pm
7.15 am.
·9.00 €2, 9,000.
11.0 m.
(11.00 √2 4:30 pm.
Bwałow & Foodbow
Sandakan Amoy
8.30
1.00 pa
1/11 1/0
Union Carbide and Carbon...
2.00
104
Autan, Pingahan, Saatin,
Shatin, * Shatankok" and
United States Steel;
195.
[8,00 p.m.
ShrungainlTM
2/0 13/32
19 3/16
A-Plus stock extras.
B-Includes stock extrás.
Payable in stock..
D-Plus 4% in stock.
Balkungag
4.30 .
10.80 ..
4.80 pa
Manila
E=Plus 6% in stock.
Namian, Bhekki: # Taiping)
(Famin)
7.00 pac
Tataula Mare
Busca Haru
Fres, Grant
Parcels Beg
Pres. Grant
Beg
Barpedon
Leiter
Letters Reg.
Cotters 6,00 m
Taesiny, 18th.
Kowison P. D.
-4.80
4.20 x H:
5.00 7.
M
G.P.O.
Reg.
8.00 7.
Leiter 6.00 16.
Kabongsang
Cheong Shing
Wednesday, 16th, 8.00 M
Thursday, 17th,
Wausang
1.30 r 6.007 M
Friday, 18th,
Kaga Maru Ensures of Zala
9.30, M
8.30
erserited correspondence caly,