12
Money and Markets
NEW YORK STOCK
EXCHANGE.
ATTACK ON VAN SWERIN
GEN INTERESTS.
OTHER STOCKS AFFECTED,
[UNITED PRESS. ]
New York, October. 3.A wide break in time stocks and boads of companies, controlled by the Van Sweringen intereals to-day, with lose ranging up to 20 points in Per Marquette, unsettled the entire market on the New York Stock
Exchange after the list had gained from une to four points, says the daily review of the Dow Jones Financial New, Agency.
SETTLEMENT DAY.
CHINA LIGHTS JUMP TWO
POINTS.
SHARE-MARKET ACTIVITY.
HONG KONG DAILY PRESS, WEDNESDAY, OCTOBER 29,
1930.
EMPIRE CONFERENCE DAILY SHARE QUOTATIONS.
NEW ZEALAND PREMIER INTERVIEWED.
(THROUGH REUIK'S AGENCE.]
LONDON, Oct. 7,
The Premier of New Zealand, Mr. J. W. Forles, interviewed during the week-end in regard to the Im. perial Conference, doclared:-"We seem to be drifting and not getting anywhere. The whole question is Mr. The October Settlement, it is unwrapped. up in food taxes.
Snowden says, ' no food taxes,' and derktoud, was safely negotiated we can't get beyond that." yesterday, but contrary to generalMr. Snowden's View Precludes Any procedure the day was marked by heavy each and forward sales, in- stead of being devoted entirely to
Mr. Forbes expressed the opinion that the whole matter as regards the clearing-up of necourts and depreference was bound up in the very of shaiu scrips, as is usually alteration of the British fiscal sys
tem, and the Government, by! adopting Mr. Snowden's view on preferences, precluded nay hope of real progress.
the case.
Chian Light shares were the cen tre of much inquiry. On Monday shares were freely offered in the market at 895.10 10 823.20, dout the. market opened yesterday Buyers at $25.75, and during the morning these shires jumped to $26,76 buyers.
with
In the afternoon the demnad
To rails were surprisingly strong in free of the hammering of the Van Sveringen issues, and the Dow J average for 20 rails was off only 1.80 to a level of 111.10, Hock vased off somewhat, with the result faland cloned up a point to 79; B. & 0. was off a quarter to 80; that ahtres were offering at 826.28, Pennsylvania held at 40: New York but the day closed with buyers Central was off a half to 13; Erie again in evidence and as much as was a heavy loser and dropped 31
$20.50 was being offered for shares. 130 Canadian Pacife was off B/B, and Union Pacife was down 12 to 193).
Losses Near the Close,
Alany of the leaders lost bear the luse, which was irregular. Sinles for the day tuli, 2,004,320 adrarea, with enll money remaining al 2 per cent.
CANTON TRADE
NOTES.
Due to brisk demand, the price
Hope of Progress,
Empire Crusade Press Exploiting Statement.
Mr. Forbes' statement has been seized on by the Empire Crusade Press, who are making capital out of it in connection with the South Paddington bye-election.
$1,080
| $2,80 | 32,00 (#285)-;00)
*1.180
84426 $6471
$400
www
$271 $20 - $29,
$32
201
North Chinas............. Union Insurances ........ ALS Yangtaze Insurance China Fires
....... BON 81,000 H.K. Fires..........
Shipping
FOREIGN MAILS
XMAS PARCEL MAIL FOR GREAT BRITAIN,
The Xmas Parcel Mail for Groat Britain will be olorod in the Gonorel Post Offee at 5p. on the 7th November per as. Macedonia.
This mail is duo in London on the 12th December.
·RADIO NOTICE.
Individuals and frms are recommended to register their tele- graphis address at the Radio Offico. No charge is made for this.
INWARD MAILS.
HONG KONG STOCK EXCHANGE.
SHAREBROKERS' .
ASSOCIATION.
Dugeta Ballers
Balce Nominal
TUESDAY, OCTOBER 28.
Buyers Ballora Sala Morinal
Banks
$1,546
**
HL.K. Banks
$1,545
£100
#17
Do. (London).... Chartered Banks...
Mercantilo Bla. "A":
£12
Do.
#111
相乘
Bank of East Asia...
£28 $121 $116
FRUM
Pen
Don
Insurances
Braaits
HL
Canton Insurazidom, »
$980
Buanana and Swarow
Underwriters
80 || $1,85
JAPAN...
Orenor doochose ... Nellore
*9th Oct.
+
JAPAN
Santos Maru
with Oct 29th Oct.... -20th. Ust
Tlou
2450
JAPAN, SHANGHAL and Eusore vist
SIRA (London, 11th Üslabor)
Suwa Maru
Slab Out
$00
ECOPA VIA NEDANATAM (Letters and
31,080.
STRAITS
Papers, London, 2nd October) LONDON Parcela (26th Sept) and STRAITS Anchisoa
·BUANGNAL
Komma """ Lahore
Haku Maru....
31st Octu
Seat Oat
1st Nov.
lat Nov.
Douglases
$20
U.S.A., HONOLULU, JAFAN AUD BRANDHA
Steamboats
$40
Indos (pro)
$43
Do. (dut).
CANADA, U.S.A., JAPAN and SHANGHAI
(Han Francisco, 3rd October,.....]] Pres. Wilson, SCUBANAYAM
Lomatang...
lat Nov. 3rd Nor.
bilje
Shell Tianaporta... 813
(Vancouver, BC, 18th October)
Emp. of Quecia ..
3rd, Nor,
Water-boat
OFF
$31
Mining
B41 (San Francisco, luth Databery JAPAN...
U.S.A., BoroLULU, Japan and Suang. L |
Pros Madison
3rd Nov.
44
Melbourne Maru...
3th. Now,
$8.70
Bouqueta.......
... Pros, Pierce Tanda
7th Nor,
9th: Nov,
37/0
Kailans
*371-
38,:
Langkath (comb)**
T.81
Do. (single)....
TEL.40 $7.40
T1.30
Explorations........
T.01
Shangbai Loans ...
T.8
124
Hauti
523
Treesh Mines
14-
PLE
Docks, Wharves,
Godowns, etc.
H.K. & K. Wharfs..
$130
.Fox
PKR
Providents (old)
35.36
E
$32
H.K, Docke
$30
Shanghai Docks ...
Lands, Hotels, and
T.125
T.7
Formca Hoihow ...
Baigon
Buildings
311.60
$11.55
Mr. Thomas' refused to believo that the Empire sentiment would he let down by the Conference, He did not intend to let down that sentiment, but there
W45 great
8771
H.K. & 8. Hotels ... $11.55) H.K. Lunds (oil)... $77
$11.80
$70 $14.40
376
Do. (ADW)... $76 Do
T.305
Shanghai Landı...
$3.85
-891/0
*
4+1
#87
H.K. Realtys.......| 39.00 Humphreys ........] $16 Chinese Estates ...
**
**
ነ
Japan, Canada, D.9.A. U. and S. America and *EUROPE vis Vancouver, B.C-duo Vancouver, B.C., 14th Nov.
Shenghai and "EUROPE via Siberia Amoy
Shanghai, Japan, Rozolala, *0.8.A.”
Canada, C. and 8. Amarica, and EUROPE vin San Francisco- duo San Francisco, 20th Nov.
Etihow, Pakhoi and Haiphong
Saigon, Straits, Caylon, Indis, Maaritin«,?
Baab and South Africa... Awalow ...
***
計程
Theseus
Kusiyang...
Telemachus
9.30 **
Parcels
8,00 M
Emp, of Janada Bez.
$15 F
For
Emp. of Canada Letters Ichang
Letters He
5.00
5.00 PW
8.00
3.80
PH
Reg.
4.15 PM
Tatsuta) Maru.....
Letters 5,00 Y
Thunday, 30th,
Menado Maru
Santos Maru
9.30 a
Hydrangea
Trinan
3,00 PM 3.30 M
Shun Chih
480
Friday, Parcele
Nood
Nellore
Hai Ning...
Reg. 1.45 -
Lotter
$1.30
9,00
8.80
The Evening Standard declares that Mr. Forbes has swept the Baldwin-MacDonald quota proposal right out of the field,
Dominions' Secretary's Rebuke. Mr. J. II. Thomas, speaking at a luncheon of the Empire Pro- ducers' Organisation to the Im perial Conference delegates in London, warmly resented what he regarded as the exploitation of the Dominion delegates' speeches in London, and declared that they came not as politicians, but as re- presenting the Dominions, and to
Sted closed up 1 to 146, of wolfram ore has riecu to H.K.throw their weight into a common
•
•
Due to the, exchange, the prices
of foreign medicines have ipereas
solution of Empire problems,
ed by one to two thirds. A fur-danger if it were exploited, as was ther advance is likely.
and the Dow Jours average for 30 | 818 per picul. ' industrials was up '31.2 to 193.10.- Westinghouse recovered once more and rose 2 to close at 103), with Carral Electric up 21 to 60% American Can was up 23 to 1151, J. 1. Case jumped 5 to close at 1214, and International Harvester way un 1 to 013. Eastman Kodak gained two points to close at 187. The ennvas-cloth weaving indus. Mr. Churchill's Conversion to Free. Johns Manville gained three to try has been doing very well in re
cent years. Chinese canvas cloth "close at 7. Bethlehem Steel was up 3/8 to 13: Ludlum was up a quarter in brisk demand due to its low
price.
13, and American Waterworks wa up 18 to 233, though American Rolling Mill declined
half to 30
Utility Average Highor
*
·
*
Magnesium ore is abundant in Kwangtung and Kwangsi and is exported to Japán in large quanti tir. The current prica is 820 per ton.
being done at present.
Trade.
8169
$162 85.35 36.40 35.35 $2.50
82.65
T.122
T.285
T
Mr. Winston Churchill, until re- cent, times a protagonist of Fres Trade, proclaimed his conversion to Protectionism when he addressed. his constituents at Epping tonight, $17.20
Times change and I must admit $13
36.80 that I have changed with them.
$80 The time has come when all duties
$254 imposed at different times for differ- ent reasons should be regularised and fitted in to the structure of 4 general tariff on all foreign im Deported and manufactured goods."
60010
The Dow Junes average for 20 utilities was up 1.10 to 67.09. American Tel. & Tel. gained 24 10
Rice prices remain low as arriv close at 1958 International Tel. & Tel. was up 3/4 to 283; Radio Corp:als of foreign rice are large and ne the rice harvests in Kwangtung was up 1 to 29; Standard Gae was
are abundant this up 7/8 to 72 Consolidated Gas was up a point to 94), and. Public Sermand is limited. vice of New Jersey was up to #21.
·Cleneral Motors gained 14 to close at 34; Chrysler was up a quarter to 16 and Packard was ten hanged a. General Aviation gained half a point to close at pl. and United Aircraft was up 1 lo 341.
QUOTATIONS.
New York, Oct. 22.
Dusiness done, 2,431,000 shares.
Market work,
year.
•
骨
There has been a healthy deanand for Kwangtung cotton and the price has risen to 8123 per picul, Cotton produced in Kwangtung is verg fine in quality but only limited quantities are produced,
*
In spite of the approach of the winter, fire insurance companies are not doing well. The principal enuse is attributed to the increase
He declared thai this was neces sary, as the limits of direct taxa- tion had been reached.
[BRITISH WIRELESS BERVICE.] Good Progress by Committees.
RUGBY, Oct. 27. Committee work will engage the attention of the delegates to the Imperial Conference for the greater part of the current week.
Good progress has already been
in the number of insurance vom-made with their different tasks by panies and agents.
•
According to a Wuchow report, ports on the specific questions they
T.12
!!!
Do. (now)... x54
1730 Now Engineeringa
Hongkonsums
(rights)
..
R
Cotton Milla
Ewas
T.82 | Shal Cottona................)
Tu Zoong Sings ****)
Publia Utitios
Tramways.......... $174 Peak Trame (old)...
$20.40!
U.0.A., UNADE, Jalan and Benously
(Bestile, 18to Octobor) Australia and Manila
OUTWARD MAILS.
KEGISTERED and PARCEL MAILS `aravalosod 15 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to closo at or before ŷ am. registered and parcel mails are closed at 5 p.m. on the previous day...
DATE and Tr
Wednesday, 28th,
10.30 A 10.90 ▲ M
**
T12,15
*TBA
-I.vi
Amoy
Saigon
$17.8.
17.80/85
Da (now)...
$81
Star Ferries...... 380
25.10.20
Lights (old)...... $26.55
30/.20
Do. (UB)......$25
1791
781/01)
H.K. Electrica ..................
$781-80
$23
Macao do.
***
$114
Bandakan Lights ...
5
Telophones (fully pd.)
$29
1.18
7,9
Do. China Tructions
(part pd.) 3214 Buses...
6/9
***
19/-
+4
401
1.2.
Da (prof.)...
Industrial
T.10 Caldbeck, far)
TIU
Macgregora prof.
Canton Ices
Cementa (comb.)... $17.85 $17.03 817.80)
Ropes
Chins Bagers........
$17.00 $12)
$17.90
**
$5.20
$10.60
$6.70
***
**
***
$13.50 Manila, Australia (except places North of Brisbane) and New Zealand $62
via Thursday Island-deo Thursday
Trland, 15th November Bwalow, Amoy and Fooskow....
-
apan
and "EUROPE via Siberia Hakusan Maru
Ceylon, India, Mauritius, Eanty and South Africa, Aden, Egypt and KUROPE via Marselites-dur Har wailles, 30th! Noveraber
Shanghai and EUROPE via Siberia
Sandakau
Toochow via Swabow Amoy
+
Sunea Mara
1 Lahore
Marsand... Chip Shing Antung
Kianga
Yumsang
Howlcom P 0. Regi
4.80 M
...Tat, 1st, 9.00 a m
H
4.P.O. Rev., 1st, 8.45 a m Letters 9,30 a m
NOVEMBER Saturday, 1st,
5.00 M 5,00 -
Sunday,
Monday,
5,00 PM
8.00 X
2nd,
8.30 #
5.00 M
4th, -1.00
—
Brd.
Tuesday,
Haighing...
Emp, of Russin .... Foo Shing
2.30 X
5.00 P
Manila, Australia and New Zealand win?
Brisbane das Brisbane, 19th Nov.... 3 | Melboterno Haru | Leitere 6.00 P
Wednesday, 5th, Bog.
4.15 #
(old)... (now)...
$13
Bangkok via Swatow
$1.6
10.66.70
Amoy
TH
Malabon Sugars
829
United Arbeated ...
+
Rwatow, Amoy and Fooshow Manila
Bwatow...
Miscellaneo
Dairy Farma, am. E. $20.69;
Friday,
7th. Kowloon P.O.
sal 911
16
151
Goodyear Tire & Rubber
40% 87
Omah
132 131
Pubila Service of New Jussy
841 804
Hershoy Chocolate
81
Radio Corporation
23 211
TH
International Coment...
67 58
Radio Keith Orpheum...
29 201
International Combuston Eng.
31 01
Reynolds Tobacco."B"
481 441
International Harreator
034 594
Soars Rogback
32 50
ON CALCUTTA:-
Yuternational Nickel
181 171
Shell Union
... 10 10
International Tol & Tel
201 281
Simmons Company
13 181
„Joung Manvillo ...,
71 081
Southern California Edison
Kennecott Copper
20 251
Standard Gas & Electria
Eraugor & Toll ....... Eroger Greco... Liggett & Hyora "B"
Loews' Ino.
Lorillari (F) Co. com.
25 241
Standard Oil of Now Jermy- Standard Oil of New York
.... 871 BOL
Texas Corporation
พร
.... 572 561
..15 16
Ludlum Strel
15 15
Montgomery Ward ....
Nevada Consolidated Copper
241 231 10.
Now York Contral
Pacifio Lighting ·
ParathonGFRUI. Corporation
1
Ponnsylvania Railroad'
661 06
Pahnroad Corporation.
Phillips Petroleum
221 21
Warner Bros. Pictures'. Wostinghouse E. & BL
(Continuid al-foot of next
umn). || Woolworth --
137 138 0645
„Texas Gulf Bulphar...........
Timkan Roller Bearing Trans Amoricas.
Union Carbide & Carbon Union Pacilo Kallway..... United Aircraft & Transport... 201 331 United Gas & Improvement... 291 28) Umibid-Statos Rabb12 12 Unit Buntar Soulyo (39) v1.455 Vanadium
ON SATOON:-On demand...') Os BasiĪKOJË POROSIELA
- Ondeman 91201 BOVEREIoss, Bank's Buying
T/LA ..16 7/16.
ON SHANGHAI :—
·481 481
Bank, at sight 77.721 56150) | ON „Yokohama: —. 20 20 $340. 81 614 514601
On demand...
561 ...* 17 174
ON BATAVIA -On demand.. 78. ... 631 001
2072 104
ON HAIFDONG:
On demand
Oct. 20
21
the committees, and several of them are now engaged in drafting Re-
Adams Express .....
American Can. ...
211 116 113
201
American & Foreign Power
41 37)
the woollen market there has been have examined. very inactive as the buying power
Some of these reports will come $26.60
American Helling Mill...
383 86
American Bmelting
cel 63
1081 1951 114 114 701 721 361 841
brisk.
•
•
Bethlehem Stoel
Chrysler...
171 17
--
Citlos Barrios Common... Columbia Gas & Electria
241 24
Columbia Graphaphono
46 4 121
Commonwealth & 8. Warr.
Coutinental Oil...
Curtisa Wright, Common Du Pont de Nemours ...
អវៈ ·
94
18
12
634
9535
18 37
12 161
GO) 491
85
-American Tol. & Tol.... American Tobacco "
American Waterworks...
Ausoonds Copper
Atlantic Refining
Baltimore & Ohio
Borg Warner
Calumot & Foela
Canadian Pacide Railway
J. I, Case...
Chicago Rock Island
H
Commonwealth & Bouthern ...
Consolidated Gas of N. Y.
Eastman Kodak...
Electric Blond & Share... Erlo Railway
Fukker Aorspland
For Film "A
Chenoral Electric
+
General Foods...
Gonoral Motors ........
Gonoral Railway Bignal Gold Dust
Goodrich Rubber .***.
Irae piece goods is, however, vory The Committee under Lord San-
Business in jnde, which has been 82 801 bad during the past ten years, has 74 73 improved this year, ne ornamente 173 171 inlaid with jado have become once more popular among the Chinese. 48 421
Demand by foreign merchants is 1261 121
78 72 also keen.
94
key, which is considering certain aspects of inter-imperial relations, this morning appointed a drafting committee to prepare a draft report for consideration by the main com. mittee on Thursday,
Ja view of keen competition from match Swedish matches, local manufacturers are taking action to 101 10 rge the public to boycott foreign
They have also decideils matches not to purchase match materials of 44 Swedish origin.
... 90114)
... 101 1801
Ung. 9
The price of raw silk has fur- ther dropped to BOITIU 8500 per picul and is likely to fall further. Demand has shown a considerable decrease in recent years on account of the popularity of artificial silk. 34 The price was formerly over $1,800
GO 601 per picul
EXCHANGE.
CLOSING QUOTATIONS,
October 28, 1930. LONDON:- Telegraphic Transfor... 1/34 Bank Bills, on demand 1/31 Bank Billa, 4 months' -
Bight
1/3 Oredits,
months' sight
1 1/3 10/10] Documents, 4 months'
1/4 3/16 Canton sight
ON PARI
Bank Billa, on demand 8o0 Credits, 4 months' sight 840 ON NEW YORK:-
Bank Bills, on demand 311 Credita, 00 days' sight. Sch.
ON BOMBAY =—-
Telegraphic Transfor Bank, on demand
Telegraphic Transfer
Bank, on demand .......
1 Tis. B01
of the public is weak enured by before the heads of the delegations $24.30 the high prices. Demand for Chin- | carly next week.
Doux rights
$8.40
rights 88
*
Dor A.
$23
Amusemente
$20
$101 $2.40
$3.25
$10
***
+
$11.00
DHA
prem. 8% LOCAL AND
Chin. Ente
„Entertainm'ts.| $101 Constructions...... $2.30
Lano Crawfords ... Mackintoshs....... Nauyang Tobacco...
Watsons thanesy
82.85 Wro. Fowella .................
B. Ind. G.8 Bonds...
811,70
H.K. Gort Loans...] $107)|
BEGULAR OUTWARD MAILS,
WEEK DAYS.
SUNDAYS & HOLIDAYS
FOR
From
·O.P.O.
FROM SUKONGWAN BANCH P.O,
FEOM G.P.O.
FROM X HHXONOWA
Fraxon
4
P.O.
(7,15 am. & (7.30 am, &
7.15 .., 7,30 0,02. 2000 px
8.00 p.
7.00 pm
7.00p.m.
Sunday
Sundays
(6 p., only 7.00 p.m.
Lonly
Stita, Ceylon, India, Maneštinu, E. and】 8. Afrios, Adan, Revol and EUROPE via Marultra-dns Marseilles, 5th Deo.
Macedonia
#Raperscribed correspondence only.
Parcals 4.80 Rag, 8th, 9,00 m2. Lotters 10.00 A
G.P.C. Par., 7th, 5.00 PM Bog, 8th, 1.45 a w Lotters 10,30
=
Macap & Trinahan
+7.25 0.1, &} 11.15 p.m.
} 874
Kongmoon (except Saturdays) - 5.00 piss.
Kaukong (except Eaturdays),
6.00 p.m.
6.00 p.m.
Fatskan (By Trare)
7.10 10.
Tal D
Bax dia
On demand...
63
Tai Po
Shumeban
ON MANILA-On demand... 03 ON SINGAPORE:~
Cheungchow
JBOL
Aberdeen Btanley
1.00 puz
Autan, Pingshan, Bantin,
Shoangshui
Baikung
4.80 m
4.30 p
112 106
(63) 812
BAN SILVER, par ox
Numtax, Bhokki & Taiping
(Famin)
0,00 0,14. (0.00 a.m. & ***8.00 p.m.
JODO MEAL, M} 13.00 μ
IZSU p.zz.
4.80 μm. Saturdays 2.00 p 400 0,02 8,30 u.
7.800 11.30 p.m.
(7,16 àm. &} (7,80 mm, de
1.15 p.m. Bundays 8.15 &.in, Lonly
5,00 p
7.15.12. 9,00a.m.
9.00 a.m.
+
11.0 mm.
11.00.01 {& 4.30 putt.)
8.30 a.m
1.00
p
1.60
Sonders 6.30
Lonly
6.00 pm. 1.00 p.m.
YOU KNOW
YOU WON'T WRITE
So why not send your old mess-mate a Weekly Press while he is away?.. Let us have his Address, and send us 88.00 and we will send the Hongkong Weekly Press and China Overland Trade Report to him
FOR SIX
MONTHS
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