12
and Markets
Money and
GOSSIP FROM THE SHARE MARKET.
SMALL BUSINESS LAST WEEK: SETTLEMENT
TAKES PLACE. TO-DAY.
FREE ADVICE FOR INVESTORS.
[By "KUFAN."'}
Gosip often more the market.. but no incestor should either buy or sell in market gossip only.
The week under review has been on the whole fairly quiet, and activities, such as there were, have beer confined mainly on the part of many, to sha balancing of their
· October Settlement commitinenta.
The Settlement takes place to-day and from inquiries made in many quarters there seema to be co cause for anxiety. Although ad. justamenta may have to be made here and there. no actual hitch in arrangements is anticipated.
Prices on the whole have remain, ed steady; only in a few cases have! snall increases heen registered These were undoubtedly due to the approach of the Settlement, and a
falling-off in rates may be expected
this week.
HONG KONG BANKS-There was a fairly strong demand for Banks daring the week, and busi. mess was done at as high as $1,535 to 81,546. I understand the de- mand is still unantisfied, and prob- ably more will have to be paid this
week.
UNION INSURANCES – After bsness had been done at 81473, the demand eased off slightly for these shares, and buyers were not offer- ing more than 8445 on Saturday.
+
4
CIHNA UNDERWRITERS - There are sellers at $2.85, but Layers are offering only $2.80. There was a fairly" big "business done at $2.70 and 82.50 during the week under review.
·
DOUGLASES-These shares have come down to 890, and at this £gure & small lot changed hands. There as a demand for more shares at This figure, but they acom difficult to get.
.
*
STEAMBOATS-Shares were done at as high as 829 to 20.50 during the wook, and a further improve. ment is probable.
•
Was
STAR FERRIES — There business in this stock at the re- dused rate of $80.50.
•
*
*
|
HONG KONG & SHANGHAI HOTELS-This stock showed a salt improvement and business was done at $11.45 to 811.03. think there are even buyers at the latter rate, but sellers are bohling | off for some reason.
HONG KONG DAILY PRESS, TUESDAY, OCTOBER 28, 1930.
NEW YORK STOCK DAILY SHARE QUOTATIONS
EXCHANGE.
A GENERAL DECLINE.
PRESSURE ON PASSING OF
DIVIDENDS.
[UNITED NES8.]
New York, October 21-Prices on die New York Stock Exchange do- clined from one to eight points to day, says the daily roview of the Day Jungs Financial News Agency. Pressure converged on the electri. cal equipment issues, due to the DAIRY FARMS--Shares changed | Inilure of Westinghouse to earn its hands at $20.50 to $20.75 and fur-dividend for the third quarter. ther shares are required at $20.50.
This contributed to the generat decline.
*
•
ROPES-These were dealt in at $0.50 and $10.00, and buyers are now in the market at the latter rate.
REPLIES TO READERS,
The Barkat for Oils. Pure Oil Co. also, passed ita dividend, thus further depressing the market for pila, which lost from ohe to three peints. Standard Oil of New York closed off a quarter to Every week in this, column "Kufan" replies to correspondents; Standard of New Jersey closed who may have questions to put re garding the prospects of any stack quoted in Hong Kong, Shanghai or Singapore. Questions regarding principles, practice, and custom can alsó be dealt with.
Currespondents are asked to fill up the coupon appearing elsewhere and address their queries to "Kufan," care of the Editor of this paper, and to give their name and address. It is desirable that a nom de plume be also included, in order that renders enn readily identify the answers intended for them.
Every effort will be made to give as full and detailed & reply an 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. awers to their queries below:- PRINCE-Don't believe what you have been told. Such stories are quiet frequently circulated to catch the unwary. While I would not go so far as to say that there was no chance of the shares in- .proving, I'do not hesitate to say that there is no chance of any dividend at all.
KC.4. - 1.-Regarding the
first-
named stock, there should be a profit if you keep watch on the quotations. 3.-The chances of the latter stock improving Are remote.
EXCHANGE RATES.
[SRITION WIRELESS SKEVICE.]
RoURY, Oct. 20.
123.82)
4.85 15/16
down 2 to 338; Phillips Petroleum closed down 11 to 211; Atlantic Ro- Aining closed down 18 to 221; Texas Corp. closed down three points to 40; and Continental Oil was down In half to 12.
the
HONG KONG STOCK EXCHANGE,
SHAREBROKERS' ASSOCIATION.
Duyar
Sellers
Sales Nomical
MONDAY. OCTOBER 27.
Buyers, Blue
Bestal
Banks
| $1,645
9111
TRIH
$971
$20
$291
T.61
!!!
********
2109
E17
.................] $1,014
ILK. Banks
Do. (London)... Chartered Banks 22US Morcantile Bks.
De.
Insurances..
Union Insurances ...
A1.850 Yangtze Insurance
FOREIGN MAILS
'XMAS' PARÇEL MAIL FOR GREAT BRITAIN.
The Xmas Parcel Mail for Great Britain will to closed in. the General Post Ofee at 5 p.m. on the 7th November par as. Alacstonia
This mail is dus in London on the 11th December.
RADIO NOTICE.
Individuala and firms are recommended to registor their tele graphie address at the Radio Ofles. No charge is made for this.
INWARD MAILS.
£12
Bank of East Asia
...
128 £12
Llo
FEM
FEE
Dos
BATAYIA
Tibadak...
Pifth Oct,
Insurances
SHANGHAI and EUROPE via SA)
(Londes, 6th October)...
Porthos
28th Ost
81,080
Canton
81,080
STRAITS
Oremer
18th Oct.
$2,80
Underwritera
$2.80 $22.83
BuawDbai and SwirÓW
Boochow
24th Oct.
Доменя -84421 94471)
North China...
Trou $450
JAPAN...
***
Nellore
29th Oct.
BATATIA
144
...
ibadak
29th Oct,
***
$00
JARAN
Bontos Mart
19th Oct.
***
$400
***
54
***
China Firos. $4 $1,030 H.K. Fires.
+1
$1,080
JAPAN and HuanQUAL
Shipping
U.S.A., HONOLULU, Javan and Buanomat,
BUZOTE TI NEGaparam (Lotters and
Papers, London, End October)
LONDON Parcels (25th Sept.) and STELTTA | Anchiesa ...
Hakusan Maru...
Dist Oct.
Suwa Maru
Blab Oot
5.st Out
Douglasou
$20
(San Francisco, 3rd October) ...
Pres. Wilson
- lat Nov.
Steamboats
SOURABAYA ...
Tematang...
3rd Nov.
$40
Indoa (pref.))
$43
CANADA, 1.8.A., JAXAN BED SHANGHAI Į
$30
Do. (dof.)
$20
63/9
Shell Transporta... 3
230
$92
Water-boats
$31
Mining
(Vancouver, BC, 16th October) -}| Emp. of Russia ... U.BIA, HONOLULU, APAK and SZAKO+1
HAI (San Francisco, Auth (Jobʊber)... Pres, Madison
·JAPAN 191
U.S.A., ÜANADA, Jaran and Saporati
3rd Nov.
**
ard -NOT.
Melbourne Maru...
5th Nov,
$6.70 Benquote......
(Seattle, 18th Octobor) AUSTRALIA SLd.Manila
Pres, Pleros Fanda
7th Nov.
0th Nav
376
Kallans .........
38,-
Langkata
1.8
Do. (single)
(comb)
T14.40
$7.40
Explorations.....
T.1
Shanghai Loans...
TO
$20
Tronoh Minos
14/
OUTWARD MAILS.
J
KEGISTERED and PARCEL MAILS ars 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 p.m. on the previous day.
Doaks, Wharves,
Godowns, etc.
For
Pen
DATE and Tim
H.K. & K. Wharfa... $160
Providenta (old)
85.00
82.50
Do, (new)
92.00
$32
HL.K. Dooks $30.
Beihow and Haiphong
Bornea
T.122 Hoibow, Pathol and Haiphong
Manila and Java via Bourabaya Shanghai
Caloutta via Straits...
Lam sang
Fort Bayard, Hoikow, Pakboi and Haiphong Tonkin
watow, Amoy and Foochow
Haiyang ...
Balgon, "Cayion, India, Mosritius
$6.05/70
East and South Africa, Ader, "Egypt Porthos.. and *KUROPE via Marsillas, "due? Marsoillow, 28th November
***
Porponse
Hanila
***
Bamahui and Wachow
Theseus... Malolo Kong Ning
Chengtu Tikarang
...Agamemnon
Tusaday, 28th,
8,20 AM 9.80 AM 9.30 & M 10.30 AM ¡Parools....!
NooD Lettera 1.00
12.80 1.00
Kowloon P.O. Reg. 100 r Kotters 1.00
G.P.O.
Latters 3,50 PW
2.00 M
9,80 P B
ileg.
400
Κοκκίαση
P.O.
Straits, Ceylon, India, Mauritius, *E. and}
8. Africa, Egypt and EUROPE via Marsellies-due Marseilles, 26th Nor.
Antenor
FLASK Letter
4.80 FW
4.80 M G.P.O...
Bog.
Some issues advanced near close, but the Dow Jones averages were all down. That for the indus trials suffered most, the drop being 0.92 to 188.40, with Westinghouse $180 closing down 0 to 108; U.S. Sterl
31. 143; Bethlehem off 18 to 91; American Can off 44 to 1228: Eastman Katink off 52 to 185); and General Eletric off 2 to 51.
-
Average for Bails.
$24
$5.35 83.40 $5.40 $21
T.123
1.286
T805
Itails suffered in less degree, the Dow Jones average for 20 issues. being off 1.40 to 113.60; while $114 utilities were off 1.85 to 07.33. Now 8701 York Central was down 1 to 133;
$75.35 Pennsylvania was down 6/8 to 631: $14.30 down half a point to 493; and Canadian Pacific new issue was Union Pacific was down 139 to 104. American Tel. & Tel. was down 34 Tel. down 6/8 to 28. Radio Corp. to 1958, with International Tel.&
was down two points to 213.
ghares. Call, money held at 2 per Sales for the day totalled 2,431,900
cent.
QUOTATIONS.
28.60 $8.70
5172
New York, Oct. 21, Market strong. Business dono, 2,139,220 shares.
Oct. 18 20
325
1001
20 211 $78.60
111 1164
Adama Exprema *** American Can.... American & Foreign Power American Bolling Mill... American Smelting
... 87 41
35 88
**
511 521
American Tel. & Tel....
1951 108
American Tobacco "
American Waterwork....
Anaconda Copper Atlantic Rodning Baltimore & Ohlo
Bothlehem Steel
Borg Warsor Calumet & Hecla
L
Canadian Paciäe Railway
Chicago Rock Island. ...
134
and
Cities Service Common..... Colombin Gas & Electric Columbia Graphaphone Commonwealth & Bouthern Commonwealth & 8. Warr. Consolidated Goa of N. T. Continental Of.....
Paris New York
Brusscis ..... Genera
34.85
25.027
Amsterdam
12.002
I
Milin Berlin
(2.83)
J. I. Caso....
20.30
Stockholm
18.10
Chrysler...
Copenhagen Oslo
18.10
18.10
34.45
1633
192
43.25
103.25
375
818
41 Nominat
Buenos Aires
381
Afontevideo .....
38
Bombay
1/54
Shanghai
1/7
1/33
HONG KONG LANDS-- After being neglected at the beginning of the wack business was done at 870 hud-at the close huyers were offer. ing as much as 877, when quite a good number of shares changed bands. New Lands were sold in small parcels at $75 and $75.50.
•
*
TONG KONG REALTYS—There were inquiries at 98.05 at the cloac of the week, although some days earlier business was done at as high as $8.70 and $8.00..
*
*
WHARVES—There shares fluctu- stod between $150 to 8101, closing with sellers at the latter rate and buyers offering $160.
#
Vienna Prague Helsingfors Madrid Liahon Atkins Bucharest
HONG KONG & WHAMPOA DOOKS-These shares are wanted OR at $30, but are not attracting any attention at the moment.
*.
•
Bio
Hong Kon
Yokohama...! 2/0 10/32 Silver, spot & forward 107/16
OUTTON MILLS-Business . WEA reported in Ewos at Tis, 12.30, and there are local sellors at this figure.
OHINA LIGHTS-Old and New ON
•
•
•
China Lights figured prominently during the week, and business was dono between $25.90 and $23.40 in the old shares.
*
OLMENTS-At $17.50 and $17.00 there was a comparatively big busi neas in these ebares, although there was a light easing-off at the end of this week.
EXCHANGE.
CLOSING QUOTATIONS.
October 27, 1830,
LONDON:~ Telegraphic Transfer...1/36 Bank Bills, on demand 1/31 Bank Bills, a montha'
aight................
1/3g Credits, 4 months'
Biglit
......1/3 16/16 Documents, 4 months'
Light PARIS: ^.. Bank Bills, on demand 8 0 Credits, 4 months' sight 840 NEW YORK:-
Curtis Wright, Common
Du Pont de Nemours Eastman Kodak......
Electric Bond & Share... Eric Railway
Fokker Aoroplane
Fox Fito "A" ́...
General Electric
General Foods...
General Motora...
General Railway Signal Gold Dust
Goodrich Rubber
109 114
85) 301
** 231 23
81 82
72 74
17 17:
10 Pt
107) 43
... 118 1251
414
72 78 10 17 231 24
Ung. 12
101 10
21 21
021 90
131 13
98 961
$12
|-$10,60- $0.70
828) 1851-191 $24.50
***
33 155 Ung. 841 18 $101 31.40
49) 501 331 33 59 60
311 384
16 10
$19
80 40# $11.00
Raubs
Shanghai Docks ...
17.30 New Engineerings
Hongkowa --- Lands, Hotels, and
Buildings
HK.& 8. Hotels... $11.60 H.K. Landa (old)... 876)
Do. (Gowl... $75
Do. (rights) Bhanghai Lands H.K.Realtya.....................
Humphreys *****
Chinese Estates
815
810
M
***
187
Cotton Mills
T.191
Ewoo
Tr2.20
7.82
Sluni. Cottons.........
4.10 Zoong Sings
Public Utilition
DIGE JUDr
Tramways......................
Peak Tema (old)... Da (new)...
Star Ferries *******
81111
!!!.
:::
T.7
Tit
-
T.82 1.93
Bwatow
$17.70 $17.8
$6.60
***
$19.5%
$61
831
$245
$781
223
C. Lights (old)..............) $20.
Do. (now)......24) H.K. Electrics... $78.70 Macao do
$261 81.20
***
$78.60
P
*
$11k Sandakan Lights
De.
351 Telephones (fully pd.)
(part p. 311 1.18 China Buses.********
19/
Tractions
Do. (pref.)....
· Industriais
T.103 Caldbook, ford.)
T10.40 Macgregors (pref.)
83
...
Canton Ices
$3,76
Cements (comb.)... $17.85 $17.95
(old)...
Da. Do. (DOW)...
Do
Do
$6.20
FAR
Ropes
China Sugars.
827
*
R
$26)
-P
+
***
$1
$23
Malabon Sagara
United Asbestos
MiscellaneouS
Dairy Farms, OUT.
Do, a rights
rights #8
Dor A. Wings......
Amusements.g
Chin. Entertainm'te, $10) Constructions
$3.85 Lane Crawfords
Fe
Mackintoshs......
Nanyang Tobacco... $11.60 Sincero
Watsons corsavia,
12.85 Wm. Powells
B. Ind. G. Bonds...
$2.30
811.70
H.K. Gort Loans.... 8107.
***
$203
LOCAL AND REGULAR OUTWARD MAILS.
8/0
Hoihow..
Japan, Canada, U.H.A., O. and8. America and EUROPE via · VanOOSTET, B.O.-due Vancouver, B.C., 14th Nov.
Shanghai and *EUROPE in Siberis Amoy
Shanghai, Japan, Honolula, 08.A. Canada, C. and 9. America, and EUROPE via Flan Francisco duo San Francisco, 20th Nov,
•
Holhor, Pakhoi and Haiphong
Waishing...
Rusiyang...
Emp, of Canada
...Emp, of Canada
Tchang
Talauta) Maru...
5.00 ex
Lotters +8.00
5.00 m.
Wednesday, 29th,
10.80 M
$15 PM
Parole 8.00 Reg.
Letters 8,00 = # Hog, 5.00 Letters 800 » M 3.30 PM
Rog 415
Letters 500
Thursday, 30th,
8.80
**
***
Saigon, Straits, Coylan. Indie, Mauritius.)
East and South Afrios.. Amoy
Mendio Maru
44
Bantos Maru Trinan
+1
T
8:3
841
BIMB
$29
Swstow, Amoy and Fooshow........
Hai Ning...
Hakuan Maru
Manila, Australia (except places North
of Brisbane) and New Zealand Nellore... ria Thursday Island-dao Thursday ( Island, 15th November
hanghai, Japan and EUROPE via Biberia
Stralia, Ceylon, India, Mauritius, Basty!
and South Africs, Adan, Egypt and Bawa Karu KUBOPE vis Marseilles-dus Har- sailles, 80th November
9,30 AM
3,30 r
Friday, Paros Noon Beg ∙1,45 v Letters 120 PM
2.00.P 9.80
Korelcom P0.
Beg. 4.30 Bog, lat, 9,00
9.P.Q.
[Ror, lat, 8.45 ▲ w Letters 9.30 ↑ *
NOVEMBER Saturday. let,
Antung
5.00 X
{Sunday ind,
8.30-
Kiangm
Mariang...
0.00 A
Hatching...
Emp, of Busia ...
1.00 3.30
Wednesday, 5th, Box
415
Goodyear Tire & Rubber
Grazby.
19 184
Hershey Chocolate
781 81
International Cement ...
561 07
BAY 71%
$29
Amoy
Fangkok vis Swatow
Sandakan
BRA
Awatow, Amoy and Forchow Manila ***
proms,
International Combuston Eng.
解
31
International Harrester
International Nickel ...
16) 19
International Tel. & Tal
27 201
Johns Manvillo...
061.71 26) 201
WEEK DAYS,
SUNDAYS & HOLIDAYS
FOR
FLOX X
BO) ST
FRCK G.P.O.
FROM FURUNOWAN BRANCH P.Ó.
FROM G.F.O.
SHEUNGWA
L.O.
via Marcelllagate Marssilles, 8th Dec,
(7.15 mins, d 7,80 2.0L ralu puta.
17,00 pe
(7.15 km, &) [7,80 x.m, &
5.00 p
7.00p.m.
Unadays (5pm. only
Sundays
7.00 pm. only
Manila, Australia and New Zealand via?
Brisbane Brisbane, 19th Nor.... Melbourne faru Leliers 5.00 PM
Straits, Ceylon, India, Mauritius, E. andy.
& Africa, Aden, Veypt and EUROPE}} Macedonia,
#Buperscribed correspondence only;:
Friday,
7th,
Kowloon PO. Parvels 4.80
Beg, 8th, 9,00 0 AM Letters 10.00A
G.P.O
Par 7th, 6,00 Box, 8th, 8.45′′A
Letters 10.80 a m
Kannooott Copper Kreuger & Toi ... Kroger Grocery? Liggett & Myers ** 1] " Loews* Inc.
...
Son Land (2) Coi cầu Iudla Stool Montgomery Ward
..
... 24 25
1/4 1/16 Novada Consolidated Copper...
ON
Bank Bills, on demand 317
Credita, 60 days' night. 391
ON BOMBAY:-
Telegraphie Transfer Bank, on demand...,
OS CALCUTTA:
Paolo Lighting
+
$20 189
Paramount Publix Corporation 474 50°
1.15 р.
Bundays
14 15
16 15
23 341
10
Now York Central
Packard Motor Car
* 1951 137 ... 04 66
01 DI
Canton
Pennsylvania Railroad"
651, 601
Ponaroad Corporation...
*
+10
Bio & Trinatown
¡ 7.15 am, &† ; 7,80
1.15 pm.
1.12.
1.1.80
Phillips Petroleum **-
31 22)
p.m.
Pabllo Berrics of New Jersey
801-841
} 87k
Radio Corporation
201 231
Radio Keith Orpheum...
Reynoldi Tobacco * B**
44) 45]
Kongmoon (except Eaturdays)||| 4:00 pimu
Kaukong (except Saturdays);
á,00 p.u
5.00 p
4.00 p.
·6.00 p.
Bears Boobuck...
Shell Union
Falahan (By Train).
7.15.
7.10.1. 0.00 1,00 m
47277 54% 531
Tal Po ***
11.0
Telegraphio Transfer) 871
Bank, on demand...
ON SHANOVA? ¦—
Bank, at sight YoxOJAME
On demand
1 Tis. 601 19, dis
CHINA PROVIDENTS – These shares also showed a slight, im-ON provement and there were buyers of the old shares at $5.40 and ofON MANILA-On demand... 63)
One deal was re- ON SINGAPORN — Bow at $9.50.
rate ported at $5.50, but the Brought out a number of sellers.
On demand.
101 22
.....401. 5211 101 101 261 201 Southern California Edison ... 48) 48 Tal O
Simmons Company
Standard Gas & Elsatria Standard Oil of Now Jersey "... Standard Oil of New York...
Texas Corporation Texas Gall Salphur
TH
Timken Roller Bearing.
563
Trans America ---
Union Carbido & Carbon
ON BATAVIA--On demand.. 78. On EhIPzard
·
HONGKONG ELECTRICS- These shares are steady, with buy-ON ers offering to pay $78.50 to 878.65.
HONG KONG THAMWAYS Thene alates were handled at 817.00 to 17/70:
On demand .............................. BAIGON:On demand.....
ON BANGKOK:-
As demasid.
ying
Rato, 1/44 BAR SILVER, per dz
Talon Paolo Railway...
261 201 Shumchun 49 48
50 - 51}
31 51
1717) Chauzgahaw
60 031 .....192) 207Á
Aberdeen
Branley "Bantin, Autan
Shatin,- Sunbankok and
Faited Aircraft & Transport.......” 321 301 United Gs & Improvement.... 281 201 United States Kabbar...
12 12 145), 140)
197 211 Salkung...
United States
Warner Bros. Picturea,
7/18
Westinghouse E. & M. Woolworth
1003 1121 Santau, Sherki & Taiping
(Tumlin) ...
0.00 1.33. (1,00 am, & 18.00 p.m. (1.00 & 18.00 g.
12,80p.m. & 4.30 pm: Saturdays [1.00p.m. |
[7.10 am, & (7.50 mm à
18.15 .. Loaly
11.00
& 4.30 pm.
1,80 p.m. Bandara
8.80 a.in
only *0.00 pa
WHEN YOU ARE DUE FOR LEAVE
Send a Chit to 11, Ice House Street.
and order the Hongkong Weekly Pres to be sent to you förmin
Three months
Six months
$4.00 $ 8.00
14.80 pi
8,30 ..
1.00 pm.
8.00 pm
md 001
8,80 a.pt.
1.00 p.ra.
700p.m.