12
Money and Markets
GOSSIP
FROM THE SHARE MARKET.
A WEEK OF RESTRICTED BUSINESS: RATES REMAIN STEADY.
FREE ADVICE FOR INVESTORS.
Ciaip often moves the market, but no investor should either buy or sell on market gqssip only.
LANE
CRAWFORDS - These have improved to $3,35
REPLIES TO READERS.
column thin Every week "in Kufan replies to correspondents who may have questions to put re- garding the prospects of any stock quoted in Hong Kong, Shanghai or Singapore. Questions regarding principles, practice, and custom can also be dealt with.
Business during the week under review has been somewhat restrict- ed, and rates consequently have not shown any considerable movement one way or the other. Whatever inquiries there had been for shares were promptly met, and no fancy prices had to be offered.
to believe There is no reason that the September settlement is weighing down the market, for it seems from the absence of inquiries that, the Settlement position is pretty well covered, and what littleKufan," care of the Editor of reias to be straightened out will this paper, and to give their names and address. It is desirable that be done within a few days.
A nom de plume bo also included, in order that readers can readily identify the answers intended for them.
For the present week there should be little doing in the market, as everybody appears to be "holding. off" until the settlement is over. We shall then probably see some notivity. In its present state the market is not conducive to good business, as neither speculators nor investors feel they should buy or sell with a heavy settlement hang ing over the share maricet.
*
BANKS-As much as $1,525 was paid last week for these shares, and the market closed with further buyers at this figure.
UNION, INSURANCES- There was a slight improvement during the week, and business on a small scale was reported at 8:30 and again at 8-36. Sellers are scarce at the moment, and buyers will probably pay $453 for any shares that may be offering.
.
CHINA UNDERWRITERS -- After sales had been put through at 82.90 there were further buyers in the market, but sellers are now holding out for more.
*
CANTON
Correspondents are asked to fi up the coupon appearing elsewhere address their. queries to and
Every effort will be made to give as full and detailed a reply as possible, but no responsibility what ever is admitted by the writer in so doing.
Those who have written for in- formation last week will find an swers to their queries below:- M.G.S-1-(a.) Yes $10. (b.) No. (4) Yes 924. (d.) Yea $15. 2. In the case of (b.) I think they will rise to $21/22, 3.-Regret cannot confirm. 4.-Yes, certain ly, but you must not buy any stock that is "puffed."" FROZEN.-Sell your shares. Re-
*
, 1
HONG KONG DAILY PRESS. TUESDAY, SEPTEMBER 23, 1930.
IMPORTS PRICES
CURRENT.
The reports and prices are published sa applied by Importers, and the Chamber cannot accept responsibility for the kocuracy thereof.
Metala.
Bome new business booked, local mar ket mail demand,
galvanized
Black Tabos
DAILY SHARE QUOTATIONS
HONG KONG STOCK EXCHANGE.
SHAREBROKERS" ASSOCIATION.
Sarees
Ballara
Balvu Nominal
MONDAY. SEPT, 22.
Buy Bellera
Balen Nominal
"Banks
FK Bankissa. $1,525
Do. (London). 16 Chartered Banks... £361 Mercantile Bks. “A”
Da Bank of East Anik, „Į
$1,530
ISOK AND STEEL;--
QUOTATIONS. Continental
£108
Etool Nail Rods...
Per pical
#
Bara (round to 12)
$6.00 6.25
***
Anglès
€ 25.
13
$110
Bods
5.75
Joists
5.30.
Sheets (4' $7.00) "
9.50
Plates
6.20
Small round rods
6.75 $1,010
Canton Insurances.. $1,020)
Hoops, black stoel.
7.95
$1.99
Underwriters
$4.85
14.40 1.160
Galv. Tubes
iscount 73% a. & f.
63%
North Chinas.******
$460
Union Insurances ...
Wire Nails, 11-3
Galvanized corrugated ahta,
2+26.
$400 ... per 100 lbs. 24 $8.60 $1,070
por picul $9.40
M.850 Yangtare Insurances
....
$1,050
$83
$25+
17.50
པ་་
17.50 17.80
Galvanized flat sheets, 1/39,
1/8
... per 100 lbs 25 G310.60 Galvanized 3/337x4x9 perla $13.75 Galv. wire, 18/22 .per ploul-14.40 *Drit. Coat. ***For picul $17.30
LaD
BM., Spot
To arrire Australian-BHP.,
'Spot..." ***
To Active-
TIN PLATES ---
**
#1!!
per b box 14.80
T
14.30
15.00
15.00
T1.30
1.6
$231
***
***
140
Continental
English I.C.W, 20" x 16",
100 ba, Spot English 1.0.W., To arrivo English I.C.W, 18 x10”,
110 lb. Spot English L.C.W. To mire...! American I.C.W. (Spot) 20x 14"
100 lbs 118 sheets par bor...Nostock American I.Q.W., To arrive 20x147
100 lbs., 112 sheets... per box $17.00
Petroleum Products.
British. Warri RoSE BRAND COMTT BRAND Сост
"
BRAND
...per case $8.ES
Woo
China Fires
H.K. Fires
⠀
FOREIGN MAILS
On and after Wednesday, 1st October, the entrance to the Farvels Delivery: Section of the General Post Office will be in Des Voeux Road opposits Measra. Whiteaway Laidiaw's Store. A
Parools for posting at the General Post Office should still be handed 'in, as at present, over the counter in the Publis Hall
RADIO NOTICE.
Individuala and firms are recommended to register their tale- graphia address at the Radio Ofics. No charge is made for this.
INWARD MAILS.
FROM
Pri
Dus
Branoias and Swarow
F.
· JAPAN 201
SHANGual and Swarow
Kingyua Heiyo Maru Suryang
:targuri and Arrari
T160
AMOT and SwazOW..... STR.18
Cui Sang Fan Heuss
TRO
23rd Sept 24th Sept,
24th Sept 4th Sept 14th Sept
Nagpore
14th Dept
$60
CANADA U.S.A., HONOLULU, JAPAN and a
SHANGHAI (VARGOuver, BC, 4th Sept]}] Busora via Suar (Lettare and papers,
Big, of Japan
14th Sept
Shipping
London, 18th Aug, and parcels, dlat August)
Khyber
26th Sept.
BHANGRA and Axor ·
Tydadak
18th Sept
Douglases
8281
BAIGOS
Steamboats .........
st
Indos (pref)magienn
$43
Jayan and Bhanghai
$35
Do. (def.)
B-10
SHANGHAI
Shell Tisasports) --*|
£8/3
STRAITS
Porthos
Tjipondok...
Grand Meisinger Patroolitse
Oremer
he Suth Septe
-39th Sept.
30th dept.
30th Sept
Sota Bept
Water-boats
$31
BATAVIA
Tisondari Nellore
Istot 5th Oct
Brining
$40
89
32/6
MITH
$160
127/1
$3.
Banqueta...
Kailans
Langkate (comb)...
Do. (single)
Explorations.my s Shanghai Loans Raubs
Tronoh Mines
Docks, Wharvas,
Godowns, elc.
HK. & K. Wharfs... Providents (old) .... Do. - (док) HK: Dooks..... 117 Bhangbai Docks 17.30 New Enginearings
Hoogkaws...............
J
Lands, Hotels, and Buildings
$13
HK S. Hotels$10.90 $11.10
B
0.49
6.43
豹手
9 tins 8.10
$35
T280
bulk 8.60
Ciao 10.35
£2.49
BocoNT MOTON GASOLENE ...
van LIGHT CROWN BRAND”, CROSS BRAND
8 i gulls. Tilba balk 8.24
8 tina LANT Glass ...'
5.98 SHELL MOTOR SPIRIT
case 10.35
68 lbs. 2 tins 9.10 8i galla. 68 lb. bulk 5.50 71 lbs. 2 tine 5.84
get
YIN FOO
garding the second part of your letter, there is nothing to show that the company is being too heavily burdened with overhead." ZAGO MOTOS SPIEIT The directors' fees appear reason. able. The managers draw a small
gal ex pump 1.15 Coals. QUOTATIONS.
commission in spite of a loss KALPING-No. 2 Lamp... per ton $19.00
shown in the balance-sheet, but
not knowing the arrangement, we
Cannot say that is unreasonable, The amounts written-off for the
and
INSURANCES HONG KONG FIRES were taken taken up at $1,040 and 81,075 re- spectively, although quotations are much below these figures...
DOUGLASES Shares were offer- ing at 828.23 after business bad been done at $28.50..
STEAMBOATS" remained at" 805,25 with little demand.
STAR FERRIES These shared are also fairly steady at the
the moment,
being quotation around $53,...
LANDS-These shares are also quiet, and there was little business. They can be obtained at about 878.50 cum rights.
M
HOTELS-Quite a good bit of forward business was done in these shares, but the cash rate was only about 811, and I think at this figure further shares can be placed.
REALTYS-These shares" were offering in the market at 89 but no buyers were forthcoming, and even at a little below this figure buyers
seem scarce.
*
HUMPHREYS—A small inquiry was easily satisfied at $15.40, and at the close there were sellers at 813.43.
*
No. 1 Stack
No. 1 Slack
Flour
D
past year for machinery and MAHT:~~~very weak. buildings appear very small. The QUOTATIONE working account shows & loas, büt without details it is difficult to say whether any reasonable say- ing might have been effected,
EXCHANGE RATES.
[BRITISH WIRELESS SERVICE]
Rucay, Sept. 21:
123.69
American Patant...per sack #465-4.80
Straight Cut off Australian No. 1 Canadian Cut off
Straight Mixtare
2nd Clear...
STOCK:
American "Canadian ... Australian..
30,000
10,000
Don
Kamphreys
26,3 [114.40 $7.40
TAL
14/0
$158
$5.35
T.118
1.7
Sky
82
***
8/9
JATA
Austrii, and Manità
OUTWARD MAILS.
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.
Fox
PER
"DATE and TIME
Tuesday, 13rd,
Pres. Jackson
8.30A
Almuta Mlavat
Reg.
Emtters Reg.
8.45 AM
9.30 AM
9.45 & M
Shanghai, Japan, Honolulu, 0.8.41
Canada, Central and South America and EUROPE via San Francisco– dus San Francisco, 15th Oct, and *EUROPE via Siberiame *Manila, Australia and New Zealand vis Thursday Island-due Taanday Island, 6th Octäber
*Manila, Australia and New Zealand vin due Thuraday Thursday Island
Batavia
Taiping
Třikembang
aland, 4th October
$10.95
$78
H.K. Lands on. I
$79
2 tims J.
bulk 9.60
$76 876 $131
+
130..
of rights $744
Swatow, Amoy and Fooobow
rights $131
Manila
gallon (ex pamp) 1.15
T.305
Shanghai Landa ....
triste
case 6.49
J
H.K. Realtys
$84
88,80
6.23 10.35
Japan,
Fort Bayard U.S.A., Central and
Wing Loo..
Hatching.... Royal Prince
Glanamay
Letters 10.30 AM
10.00 & M
1.00 PM
1.80 r >
9.30
·9.90 M.
$16
•
8154
$87
Uhinese Estates
Cotton Milis
Bouth America and EUROPE TE Victoria, BC-da Victoria, BC, 15th October.
Bikawa Mari
Reg. Letters
4.15 PM
5.00
**
Beg.
15.00 pw
11:40
10.60 T12.60
Ewas *****
Shanghai and EUROPE via Siberia
Hikawa Mar... Pros. Taft
"....
T24
Susi Cottons....
Manila
T.821
T.10
L10
Haiphong
Swatow...
G.G. A. Sarraut Hoping
Letters -:6.00 P w
430 M: 5,00
5.00 7.5
Public Utilities
Wednesday, th,
8.30-8.90 $18.20 3.35-4.00
$13.60 3.30-4.25 86.50 8.40-3.66
$83
Tramways m Peak Trams (old)...
Da (new) Star Ferries.
Heihow, Pakboi and Hai
Chengtu
$18.16
Amoy
Taiyuan
$18.80
Manila
Empress of Japan
9.30 AM
·3.30+
3.30M
Thursday, 25th,
3.85-8.13 $35
C. Lighta (old)...............!
$95
Van Houten
Straits
3.25
$391
11.
3.18
$78,60
€79
$78.60
{LLOW}***** BZUŁ HK. Electrice
$73.66
323
Macso
do..
Amoy and Formoss via Swatow Amoy and Japsa
TE
9.00 A
Deli Mary
Bui Sang...
1080 15,00
60,000 bags
Sandakan Lights...
Friday,
$35
Telephones (fully pd.)
$12
110.
(part pd.)
1.18
China Buses .....................
120,000 bagi
Paris New York Brussels
Bi
Tractions
197
Do. (pref.)
4.85 1/16
Haisang
Kashgar
34.83
Industriais
Geneva
23.045
Amsterdam
12.00
Milan..
.82.80
1/16" thick (18 oz.) 1187
•per box. 15.00
$6.80
T.10
Caldbeck,{{ord)
20.395
China, India and Straits Produce,
10.40
Macgregors (pref.)
Canton ises
Stockholm
18.09
STUAR
Coperhäien
19:16
Oslo ......
18.17
Vienna
34.435
Jars Rough White... per pical $7.43-7.89
(Beported sales 825 picula. Spot).
Java Bough White...per pical $7.45-7.88 $17.60 $17,65 17.65.80
$12
ᎠᎴ (old)...
$04
Do,
(new)...
1634
133)
nical $7.13-7.50
(Reported sales 31,782 picals. To $11.30 $11: $11}
arrive ex-named stester.)
Bope
31.10
Tumsang Anking Chipshing
10.80 M
Kowloon P.D. Parcels 4.80 ̧v m Beg 27tb,9.00 AM Letters 10.09
G.P.O
| Par, 26th, 5,00 v/M
Bog, 27th,9,45 - Letters 10.30a
Saturday, 17th, Parcels Letters
$27
45.25
108.25
NOOK
100x
5,00 * *
6.00 PM
5,00
6.00 x 1
373
916
4 31/32
8861 $26.80
40 1/16
$1
Der & Wings
Kalgan
41
1/3 3/10
(Reported sale
$254
$10.
32.25
1/7
-1/3 11/10
(Reported sales 10,881 picola
Java Bough Brown... per pioul $6.50-5.38
$3.40
Το
932
€3.25
Hoihow and Bangkok
9/07/16
18 15/16 107
NİTİTƏ EX-ZEMed steamer.) Java Molasses par picul $6.78-8.35 | salen 23,817 picule. Spot) (Reported
$19
Sandakan
Kiungchow Hingungen
24
$11.60 incures $1} $11.90 Watson5 | and
$2.85 Wra. Powells......
$19
***
B. Ind. G. Bonds.. 81% 62% H.K. Govt Loani
Japan, U.S.A Ogheda, *C. and *S.America and EUROPE is Victoria, B.Q.- due Victoria, B.O., 17th October Shanghai and EEROPE via Siberia
Fra. Taft
Pru. Tall
$108
Berlin
Prague
Helsingfors Madrid Lisbon Athens.
Bucharest
Rio
Buenos Aires ............
Montevideo
Bombay
Shanghai Hon Long
Yokohama
Silver (spot),
་
EWOS-There was a good deal of fluctuation in Ewos during the week, and from sellers at Tis." 11.60 the market rqge until Tis. 12.50 buyers at the close.
་
CHINA LIGHTS-Quite a num- ber of cash and settlement: shares were purchased during the week at. $25 to $25.25, but the market closed eney at 9. New shares were sold at $20 to $90.25,
CEMENTS Shares I think can be purchased at $17.76. During the week & little business was done at this figure and at rates up to $17.90.
CHINA PROVIDENTS - There appear to be no inquiries for these Quotatione stand at a shares. little over $6.30.
ELECTRIOS HONG KONG changed hands at $78.50 to $73.75, and buyere are in the market at the latter ɓgure.
DAIRY FARMS Shares changed hands at 828.75 and later at 898.60. HONG KONG ROPES attracted Home attention during the week when they slid down to $10:50 They were quickly snapped up, and They were soon fetching $11.60 closed weak, however, at 11,0 sellers
HONG KONG AMUSEMENTS There are buvera at $5.50 for these shares
CONSTRUCTIONS -Shares are wanted at $2.10. A small business was put through last week,
Silver (forward)
Sundries.
WDIDOW GLABS***
Fair average sizes
Java Hough Whitton Sept.,
(Reported sales
Oct,
OP NOT!!
Doc., shipt from Java) Java Fine White per picul $7.78-7.93 (Reported males 6,635 picule Spot.
pital $8.19-6.98
·JATA
Brown.per Reported sales 5,610 picnia. Spot)
Brown..per nical $6,25-6.58
sales 25,246 picule. Sept, NOT shipt, from Java.)
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 Mesars. Swan, Culbertson & Fritz, Sassoon House, Shanghai, (cable address: "Swanstock," Shanghai), who are not responsible for cable mutilations:-
Tone of Market-Steady. No. of Sharts done. 750,000% Call Money 2 per cent.
American Smelting
32.80.
Cements (comb.)... $177 $17.20 17.890
China Sugars saeciamus
Malabon Bogars.
United Asbestos
scellaneous
Dairy Farms LAGDA
Amusaments.nsion $254
Chin. Entertainm'ta 310 Constractions
Lane Crawfords....
Mackintoshsanporai
Nanyang ToboCO
$26,70
RIGH
Shanghai, Japan and EUROPE via Slberin Khyber
watow, Amoy and Focchow"
Straits, Caylon, India, Mauritius, East and Bouth Afriss, Aden, Egypt and.. EUROPE - Waranilles--dne Kar-
fles, 25th October
18
$44
Straits and Calents"...
$111/30
Amoy
$59
LOCAL AND REGULAR OUTWARD MAILS,
هم 35.00
8.30 4. Lonly
0:00 pm 8.00.p.221
Foochow vis. 8«atow
Shanghai, Japan Honolulu, U,B.A.,
•Canad*, *Or and *8, America, and EUROPE via Ban Francisco~~~ due Ran Francisco, 22nd Oct, and
EUROPE via Siberia
Bangkok via Swator
Manila and Java vis Sourabaya Japan, Honolaid, 'Ban Francisco "and
"South American Porta
Saigon. Straits Uavion, #India, #Mxtrl- tius, East and South Africa, Aden, *Keypt and EUROPE ría Marsciliou
-due Marseilles 1st November
Swatow, Amoy and Foochow...
Tuiyo siaru
Tfibadak
Hriyo Maru
Gral. Malaingar
200
Hot Ning
Patrocle
Straita, Ceylon, India, Mauritius, E. and 8. Afrios, Egypt and EUROPE vis Marseilles-dus Marseilles, 29th Oct.
Shanghal, Japan, Canada, U., A., D. and &. Americs, and #EUROPE via Van- couver, B.C.due Vancouver, B.U.. 17th Oct, and Europe via Siberia..
Emp. of Japan.
"Buparneribed correspondence only.
Tuesday, 18th,
9.00 AM
Monday, 29th,
10.30 AM 1030 ||Paroola: 8,00 JP M Beg. 415 pv. Letters
5.00 PM: Reg. 5.00 Letters « ¤00 PM
Tuesday, 20th,
8.00
10.80 Kowloon P..O.. Bez. 1.00 M Letters 1.00 PỤM
Bog.
1.45° 2 M
· Laiters · 2.30 x x 2,00 PM Kowaloon P.O Beg 4.30 Letters £20' *
PG.P.O..
| Reg, 2=600'r # {Letters 18.00 v »
OCTOBER Wednesday, 1sb }{Parosis :/ 8.00'e m
Thursday, 2nd, Bog. 0.15 AM
| Letters - 10.00- A W
P. O. Box 1, Hong Kong
is the Address: Write an Order for the Weekly Press to be sent you for Three Months or Thirty Years. The first will cost you $2.00, and the Annual Subscription is $16,
WEEK. DAYS.
SUNDAYS & HOLIDAYS.
FOR
G.2.0.
FROM SHEUNGWAM Branox P.0.
FROM G.P.O.
Fox ¡BHRUNGWA -
BRANCH 2.0.
(7.16%.m. &
6.00 p
730 3.0 7.00 pm.
£7.35 13
Sundays Es pin. only
[7.50 13, &
7.00 p Bundays 7.00p.m. Conly
$ 7,16 m.z. &·17,20 m. 21.15 p.m. [.1'1,80 p.m.
"$.00 p.m
6.00p.m.
(7.14 £m. d) (7.30 am
1.15 p.
1.30 Sundays
Sundara 8.10 Lonly
6.00p
40,00 p.m.
·7.10 p
9,00
7.16
8.00 9,00
30.00 £
800p.#
11.08.01.
11:00 am,
14.30 J
NEW YORK, Sept. 20, 1930
Last Dividend.
Latest
Sales.
3.50
:.65
100
Macro & Tdashari
Hone 30c
Curtis Wright Common Eastman Kodak
None
207
Electric Bond and Share General Motors
30
Anaconda Copper Baltimore and Ohio Borg Warner Continental Ol
City Service Comman
General Railway Signal "Gold Dustaina
Goodyear Tire and Rubber Granby Consolidated International Cement International Nickel Montgomery Ward Radio Corp szerveznete Radio Keith Orpheum Sears Roebuck & Co. Siminans Co. Ma
None
Kongmoon (except Saturdays) Kaukong (except Baturdays).
Fatehan (By Traiz
€ 8,00 m,&c] 18.00 p
12.30 p &480p. Bataxdays
3.00 pm &
Tai Po
Shrimahún
Cheungaho
480 pizz
241
Aberdeen
8.30
Estanley
1.00 pm.
Btandard Oil of New Jersey.
Standard Oil Co. of New York
1.00
Shatin, Sha
8.00 pm,
Union Carbide and Carbon.
2.80
Shoungebal
None
Bafungiw
480p.m
10.40 m
4.30 pm
None
Matad, Bhekki a
United Aircraft and Transport, United States: Rubber United States Bbeel
None
Autan Ping
8:30
1,00 Pizz