12
Money and
Markets
HONG KONG SHARES. ARTIFCIAL SILK COMBINE.
BENJAMIN & POTTS' WEEKLY REPORT,
Messrs. Benjamin & Potts, local share and stock brokers, in their weekly share report, dated yester- day sente:-
Business during the past week, despite the interruption caused by a Bank holiday on Tuesday Inst, has been fairly brisk and a cheerful tone has prevailed in most sections of the local market. Lands and Public Utility. shares were parti- cularly netive, while all investment Blacks were in good demand and bunyanry was again in evidence,
Banks. With a rise of £3 108. in the London price to £113 10. (Middle), Hong Kong and Shanghai Banks have strengthened locally, and buyers are now offering 81.40s without menting with any response. Marine and Fire Insurances. Unions were realised again at 8472 and $473 and more can be placed at the former rate. Cantons have hardened steadily to $1,115. Hong Kong Fires have likewise strength- ened and, cnu be placed at 81.10. China Fires are enquired for at 4. Underwriters were hooked at the improved quotation of 23.
BREAKDOWN OF GERMAN CONVENTION.
(THRODER EZUTER'S AGENOT.]
COLOGNE, Nov. 13.
HONG KONG DAILY PRESS, SATURDAY, NOVEMBER 15, 1930.
SILVER CRISIS.
STRONG DECLINE IN PESOS.
DAILY SHARE
HONG KONG STOCK EXCHANGE
QUOTATIONS
· · SHAREBROKERS"
ASSOCIATION.
Duysen
Battery Bates Nominal
{BEUTER'S AMERICAN SERVICE.]
FRIDAY. NOV, 14.
Duyarlar
Balsa Nostina)
New York, Nov. 14,
It is reported from Mexico City #1,605 that banking and condereial in- toresta are worried by the latest slump in the peso and are confer- ring with Government officials with view to averting a posable crisis. The silver pesos are selling at The Aceinte Artificial Silk Con. vention has virtually dissolved, fol-fifteen per cent. below the gold pesos (the normal difference is three per ect.). Both the silver and gold peso are suffering a streng per cent. below those of the Codecline in exchange with the Ameri- vidtion.
lowing the action of certain com. panics in lowering their prices
·
+
PHILADELPHIA BANK
CLOSES DOWN.
(HEUTER'S AMERICAN SERVICE."} \
PHILADELPHIA, Nov. 13.
can dollar.
To-day 250 silver pesos and 24 gold pesos were quoted for one hundred United States' dollars,
Many firms are curtailing opera- tions pending developments of the silver situation.
The Mexican Government recent- ly withdrew ten million silver pesos Smith Brothers, a firin of invest-from circulation in an effort to im ment bankers, have been suspended prove the exchange of silver against gold but this and other equally for insolvency.
drastic measures had little effect.
They announced yesterday that they were going into voluntary liquidation.
GERMAN OIL FIELDS.
AMERICAN SYNDICATE'S OFFER TURNED DOWN.
GERMAN PAYMENT TO AMERICA.
SETTLEMENT OF CLAIMS ARISING FROM GREAT WAR.
[UNITED PRESS.}
Washington, Nov. --Through Berlin, Nov. 7--The Prussian Shipping-Hong Kong, Canton
The German Embassy here, Germany and lacno Stenniboats are, if any
Government to-day intervened into-day delivered, to the United thing, a trifle easier with no buyers the vexed question of an exploits states treasury the sum of G.8799,- over 20. Douglas Steamships are
delitedness due to mixed claims still on offer at 827. Waterboats tion of the oil-fields in Northern000,000 in sitioment of German in- continue in demand at 834 and prob- Germany hear Hanover and surising from the World War. ably a little more would be paid.ceeded in vesting in Ε German "Shell" Transports were lowered
enterprise the entire rights to work during the week to 78/
the deposits, thereby side-tracking the Americh syndiente which for some time has tried hard to got hold of them.
Dorks, Wharves and Godowna→ Kowloon Wharves have attracted, more attention and closed appre ciably higher at 8174, with some business done on this basis for cash and corresponding rates forward. Transactions were affected in China Providents at 863, while the New
were
The decision is regarded as of great importance even though it is still uncertain whether those oil- Bhurch
well maintained at $2.00. Whampan Docks are quiet, deposits are really as large as ro but stendy at *32 Hongkew ported in the Press some time ago, Wharves at Tla. 295 and Shanghai Docks at Tls. 190 can be placed at on the strength of the rumour spread by certain interested parties. quotations.
en-
Lands, Hotels and Raildings.- Hong Kong and Shanghai Hotels recovered during the week to a buying rate of $11.80 Hong Kong Landa (Old) slightly weakened t the outset owing to profit taking and were sold down to 3811. but close distinctly firmer with quiries at 895 and a fair amount of business was done up to this figure. The "Rights" were done að 890 and 820) and continue in re- quest at the higher quotation. large business was recorded in Realtys at gradually advancing Humphreys rates up to 80.70. Eslates are in demand at 816. Shanghai Lands can be placed at Tis, 315.
A
Public Utilities. Houg Kong Electrics are slightly easier and China were negotiated at 2801. Lights (Old) were dealt in at $28.75 and have further buyers. Tele. phonoa (Partly Paid) are sought for at $22.30. A small decline has de curred in Hong Kong Trams to 18.10 at which rate a fair quantity
Star of share changed hands. Ferries have shown renewed strength with business dour up to $88. Peak Trams (Old) are sale- Sable at $14.
EXCHANGE RATES.
(BRITISH WIRELESS SERVICE.}
Reony, November 13.
123.825 4.95 45/04
Paris New York
Brussels Genere
Milun Amsterdam Stockholm
Copenhagen
·Oslo............. Vienna Prague Helsingfors Madrid Lisbon Athrus Bucharest
Buenos Aires
Montivideo Bombay Shanghai...
Hong
Kong Yokohama Silver:-
Spot.... Forward
Miscellaneous.--Green Island C'e- ments (Comined) were dealt in at $18.45 but closed with a firmer undertone with buyers offering $18.70. Dairy Farms are on offer at #27. Watsons are asked for at 212.40. Hong Kong Ropes have re- ceded to $10.80. Lane, Crawfords have recovered to a buying quota- tion of $3.80. Constructions came Ox to business at 84. Raubs have been ruling strong and further appreciat- od 203. There are buyers of Hong Kong Government Loan at 51 par. cont. premium.
EXCHANGE.
This settlement resulted from the work of the Mixed Clains Commis sion of which Mr. Edwin B. Parker is unpire, Mr. Chandler P. Ander son, American Commissioner; Herr Wilhelm Kiesschech, German Coin- nissioner; Mr. Robert E. Newby, joint secretary on behalf of the United States, and Herr Max Mar- tin. joint secretary on behalf of Germany.
agency in
At the American
£113
LIB
**7
***
#118
Do.
*0*
Banks
H.K. Banks......................) $1,890)
Do. (London) Chartored Bank
***
Mercantile Bks. “A”
Bank of East Apin... $115
Insurances
Canton Insurances. $1,130 "Underwriters ............... $2.90 $3
North Chinas....~~-~- Union Insurances ...
M.850 Yangtans Insurances
China Fires
H.K. Fires
Shipping
Douglases.......
Steamboats
DLD
1,115
10
་་་
$2.23 $2.95 1,100 $472
www
8472
1409
81,110
HOU
51,110
gimm
BL
HI
£121
$472
T100
$00
847
$26
S&U
Indos (prof.)
$43
ชน
Do. def.)*****
$28
71/
Shell Tianaports ...
83/8
131
Water boats
#211
៖៖៖៖ គឺ ៖
Ti 'T.01 B26
$28
**
رقلة
Mining
$6.50 Bonquets.moo
Kailang TEANDLOVE Langkata (comb.)... Do. (angle)...
*T.84
Explorations.......... Shanghai Loans .... Raubs........ Traaoh Mincs
- ៖ ៖ ខ្លី៖
FOREIGN MAIL
NEW YEAR PARCEL MAIL FOR GREAT BRITAIN.
The Now Year Parc-1 Mail for roat Britain will be closed in the General- Post Office at 5 p.m. on the Bat Norimber per s.8, Karınala,
This mall is dus in London on the 27th December,
ཅ
CHRISTMAS LETTER MAIL FORĮGREAT BRITAIN VIA MARSEILLES.
The Christmas Letter Mall for Great Britain via Marseillas win be closed
in the Goneral Post Oleo on the 22nd November por .. Ka-malz as-follows: ----
Hogistered Mail...
Ordinary Mail.
...9.45 nm, 22nd November
10.30a.m., 22nd November."
This mail in due in London on the 22nd December.
The public are reminded that lutiabin articles sent by latter post to the United Kingdom are liable to confiscation by the Customs thers.
Christmas cards, boaring not more than fire written works may ha forwardal as Printed Papor, provided that the eastosing covor is left upan.'
RADIO NOTICE.
Individuals and firms are recommended to register their tele.. graphic address at the Radio Office. No charge is made for this.
INWARD MAILS,
FRUM
377-
¡T14.10
$7.40
TA
JAPAN...
1.8
MANILA
$261
CALCUTTA and STRAITS
PER
Doz
15th Nov.
Pres. Fan Buren...
15th
Nov.
1 th Nov.
16th Nov.
17th Nov.
17th Nov,
Wakana Maru ...
17th Nov.
Pres. Jackson
17th Nov.
Туграла...
17th Nov,
Bangstat and Swarow
U.S.A., HONOLULU, JAPAN and SHANGHAI Į
(Ban Francisco, 17th October)
JAPAN ...
Brochuan ...
Bokuyo Maru
.... Fres. Fierse
U.B.A HONOLULU, JAPAN and Silang.
HAI (San Francisco, 24th October)... SANDAKAN
JAYA
Kuongn Kitano tours
***
Docks, WharVOS,
Godowns, etc.
$1747 55.40 $5
82.60
$179/4
H.K. & K. Wharfs... $173
$174
Providents (old) ... 85.45
DAIREN AND SHANGHAI
147
$33
T.120
Do. (now)... 32.65 HK. Docks 30 Shangbai Docks ...
Australia and Manila
Java and MAXILA +99
PLE
T.123
17,30
New Engineerings
T.
Ilongkews.........
Axor
Landa, Hotels, and
BOUR&BAYA
BBANGHAI VARCOuver, B.O., 30th Oat AYOT and SWATOW ...
SAKARINDA
Buildings
T.285
$11.00 $11.86
283
+
$82/3
3811
•
$20
$20
T.315
80.60 810
T.12 T121 T.12 T.63
***
***
Washington Mr. Itobert. W. Bonynge is agent, while at the Ger- $18.10 $18.30 $18.10 mun agoney Herr Kard von Lewinski is agent.).
[UNITED PRESS.]
י,
$47
CH.K. & S. Hotels........ $11.75 $11.90 21.05.20
H.K. Landa (old)...] "882)
Do.
(new)... 3811
Dio. (rights)
Shanghai Lands.....
H.K. Realtys $99
Humphreys
Chinese Estates
Cotton Mill
Ewo
Stal Cottons..
T9 | Zoong Sings
$16.20
Public Utilities
Tramways... $18 Peak Trams (old) ...
Da (now)...
Btor Ferries HORA 8971
Lights (old)......| $20.80| (new)..............)*20.30 |
Do
H.K. Klectrica
Macao do:
Sandakan Lights .....
Telophones (fully pd.)
Do.
(part pd.) 822 T.18 China Buse..........
Tractions
Do. (prof.)....|
Industrials
5873 $20
$261
ARMY HELP FOR U.S. UNEMPLOYED.
$80
$356
APPLICATION MADE · FOR
$22.30
SUPPLIES.
7,9
19/
31.823
Washington, Nov.
8. -- Col.
23.05
02.780
12.07]
18.11
18.10
18.10
04.495
Patrick J. Hurley, Secretary of War, announced to-day that the War Department is to assist in thy' relief of suffering of the unemploy-$18.65 ed in the United States through in- suance of all available army cats and blankets,
922
***
$18.66
$12
+++
$5.50
1891 193
$10,80 20.70
$10.80
837
Malabon Sugars...
5
United Asbestos ...
Miscellaneous
42.00 109.25
375 818
4
38 11/10 39 13/16 1/5 25/32 1/0 1/3 31,493
10 11/16 .16.9/ LO
CLOSING QUOTATIONS.
November 14, 1030, LorDON ;-- Telegraphic Transfer... 1/81 Bank Billa, on demand 1/3) Bank Billa, 4 montha'
sight
1/3 Credits, 4 months' prom,
sight
**** 1/4 1/10 Documents, 4 months
sight
1/4 3/18
Bank Bills, on demand 7924 - Credits, 4 months' sight 83:4 NEW YORK
ON PARIS:-
Catton Mills.-Ewos were put through at Tis. 1 and Tls. 12.20. Shanghai Cottons, after a period of inactivity, bave recovered to a bay ing quotation of Tls. 83. This Com- pany has made a profit of TaON 1,160,000 for the six months ending October 31, 1930, and has announced a dividend including Bonus of Tis. 3.50.
Rubbers-Planation, Rubber in London is quoted 4ld, per. Ib. Latest market prices from the North are given below:-
Anglo-Javas
Anglo Dutchi Batu Anoras ainsi. Chemors
Consolidateds
Kroowocks
Repabe
Tanaha Moraha
Tebongs Ziangbes, Exchange-Tho T.T.
Buyers.
Tis. 4,50
9.00
0.30
Bank Bills, on demand 813- Credits, 60 days' sight: 32 ON BOMBAT:-
Telographic Transfer 1861 Bank, on demand
-
ON CALCUTTA
Telegraphio-Transfer...?
on demand
Bank,
ON SHANGHAI
1 Tls, 30 Bank, at night in 130% día. ON YOKOHAMA 2-****
t
On demand .........nom. 624
0.75 ON MANILA-Od demand...6%)
This course is taken, Colonel Hurley explained, without any legal authority. He is willing to inke personal responsibility under conditions as they exist at present. It is assumed that the action is with private instructions from Pre- sident Hoover, who has announced that it is his policy to prevent any actual suffering through unemploy ment and who has virtually inti- mated that some such plan as that of Colonel Hurley would be forth. craming with the approach of cold wonther.
Governor Franklin D. Roosevelt o' New York has already made a request for Army supplies to ro lieve the suffering in his atate, and it is expected that governors of other Illinois, California and
states with large cities or special unemployment problems will make similar applications,
AMERICA AND LAW ENFORCEMENT.
[UNITED PRESS.]
Washington, Nov. 8.-Membera of the Wickersham Law Enforce ment Commission, which has just roconvened, to-day began the pre- paration of their report..
While nothing definite would be ascertained as to the nature of the
TH
LA
710
T.10 Caldbeck, 1(ord.) Tluso Macgregors prof.) Canton Ice Cements (comb.)... $10)
Do
DO.
(old)... (now)...
***
883
HI!
!!!
***
***
$275
ut
CANADA, U.8. A., HONOLULU, JAPAN and}
Tikampek... Tjikembang
Ataula Maru
18th
Tjimanoek
Emp of Japan
Van Houla
17th Nov.
18th Nov,
19th Nov. 19th Nov,
19th Nov.
Nov,
Bantum .ne
Ruth Nov.
Sipora
2 st. Nov.
Kalyan
21st Nor.
THR
本品味
*
Hakoraki Mart.....!
28th Nov.
+
EUROTR Tia UEL (Lotters and papon,]
London, 23rd Oct, and parcels, 16th October)...
Japam and ShanDHAI
991
+
11.80/. 12
T82
T.v
i i
814
$26,80
382
៖៖៖ ម្ល៉េះ -
Ropes | $10 | 810,90 10.60/80 China Bugat.URL]
Dairy Farms, cum
$971
Do, ex rights Do
-rights $8
Dar A. Wings
Amusementa
Chin. Entertainm'ts, $11
Nanyang Tobacco... 33
Biaceron
ARE
OUTWARD MAILS,
BEGISTERED and PARCEL MAILS are closed 16 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to close at or belore 9 am. registered and parcel mails are closed at 5 p.m. on the previous day.
Fos
***
Pxx
Date and Timam
Saturday, 15th,
Straite, (ylon, India, Mauritius, *East)
and South Africa, Aden, Egypt and EUROPE vik Mareillas-das Mara Anillos, 14th December Calentia via Straits
Shanghai and EUROPE via Siberis
Sandakan
Fort Bayard Straits
Foochow...
Swatow ... Manila...
Swator...
***
Foochow via Swabow
Java via Soursbsys Keihow and Bangkok... Tourano...
Amoy and FormOKS via w Swatow...
Japan, Honolala, 0,8.A., Canada, U.",
and 8. America, and "EUROPE vis Pan Francisco de San Francisco, 10th December.
Shanghai and EUROPE vila]Siberis
watow, Amny and Foochow Biralts East Africa vis Mombass and Bouth Africa via Lourenzo Margnos and *South American Forts ...
Awatow...
Fushimi Marw
Talambal.. Claus Rickmers... Binang... Taipooch
Teirenias
Chung king
Binkas,
A
Pru, Fan Buren...
Kaying Yusang
Buitensory Kiungohora Ching Kong
Reg Lotter
8,451.
9.30 AM
9.00
10,80
10,20
2,80 T
830M
16,00 TM
16th
5,00 PM
Sunday.
890
9,00 N
9,00 A'N
9.00 AM
9,00 AN
Monday, 17th.
1080 AM 8.00 T
Parools 3,00 PM Bor Leitora 5,00 JRAK. 5,00 Letters 8.00
Tuesday, 18th,
$22
Constructions.
$3.75
Crawfords ... $3.00 Atkintoans...
Manila
8371
8251 80
21
$23
3101 $34
*10
$3.60
319
$11.60
Watsons......
$2.85
Wm. Powells........
81%
prem.
Canton
***
Amoy
312
FIL
+
Japan Amor
F1+
***
Manila
B. Ind. G.3 Bonds... 65%
H.K. Gort Loans... 8103)
LOCAL AND REGULAR OUTWARD MAILS.
***
*
Hozan Mars Bydrangea
Pras. Fierce
Pres. Pierce
Hairand
1,00 r
Wakasa Marma
Pris. Jackson Faliking. Kum Kang
1.30
***
480 PV 3.00 P
5.00
930
A
3.80 M 4.80
7.80 m.in.
1,80 p.m.
Sba gha, Japan, Honolulu, D.S.A
*Canada, Central and Fouth America and EUROPE via Fan Francisco de Ban Franciaos, 11th Dee, and "EUROPE via Biberia...
Alevia Maru Kingyuan ....Kmp, of Japan
Manila, Australia; and New Zealand via)
Thursday Island Joe Thursday Inland, 3rd December Btraita
(7.15 am. & 7.30 in. & Japan, Honolulu, "San Francisco and
Bundaya Bundays
p.m. only 700 pin,
only
(7.10 am &) (7.30 amā
1.15 p 11.80p.m.
Sundays 8,15
Sanday
Manila, Australia, and New Zealand vis
Wednesday, 19th,
Asama Mara...Reg.
6.00 w Tuesday, 20th, Lettera 8,80 ▲
Lettors
WEEK DAYS.
SUNDAYS & HOLIDAYS
FOR
FROM Q.P.O,
Евом Bukunowan BRANCH PO.
.Fnow
Кломи SHMUNGWA 0.2.0. - BHAYOR
P.O.
7.16 am.
6.00 p.m.
† 7,80 a.m.
7,00
Mac & The
7.16. & 1.16 p.m.
commission's Andings on the sub-ongmoon (except Baturdays) 6.00 p.m.
jeot
of national prohibition, news
papers and individuals throughout
the United States are indulging in Fatban (By-Train)-
Kaukong (orcert Baturdays)
B00.. (8.00]
£3.00 p.
j 9.00 am..
9,00p.m.
the wildest speculation.
Many believe that the report will To
be to the effect that the Swedish Tat Po
and Canadian systems of liquor re
striction should be applied to the
bumbun
1.50
ON SINGAPORE:—
United States separately or in com. bination.
1.05
On demand................. $5
0.50
ON BATAVIA: On demand.. 777
1,20
+ 0.05 ON HardONG
4.00
On demands
ON BAIGON-On demand
701
rate
on
ON BANGKOK !——
BOYERTIONS, Bank'
Buying-
Found on Shanghai
Forward Bottlement Days.- 25 and Dec. 23, 1030.
Nav.
dandanandaj
BAR SILVER, por nu
12.30 pm
4.30 pm, Haturdays 1,00p.m. A 14.30 p.m.
6.30.
4.00pm 7:00p.m.
Thursday, 10th,
Kitano Mary
Fan Houtas
Bog.
8.4 ม
South American Ports
Thursday
Laland-dag Thursday
Bokuyo Maru
Taiping...
Parcels
Laland, fad December,
Swatow, Amoy and Fooohow...
Hai Ning.
8.30 9.7
Lonly
Lonly
6.00p.m.
6.00 pm.
Karmala
4.00 p.#
4,00p.m.
7:10 J
9.00
0,00.
6.000
Straite, Coylan, India, Mauritias, East
and South Afriss, Aden, Egypt and EUROPE via Marseillendus. Mar- seilles, 20th December
: 110th
(11,000. 14.30pm
Straite, Ceylon, India, Maurillas, E, and 1 B. Africa, Aden, Egypt and EUROPE (via Maresillagondas Marseilles, 97th Doo.]
Havsang
Hakosaki Ma
5.00 » »
Box,tiat, 9:45 a W
Letters 10:30 am-
Felday,
2.00 + Kowloon P.0. Parcels 480 X · Beg,Tind,9,00 ▲ M Letters 10.00 AM G.P.O Par 31st, 6.00 P Beg, and,9.46M - Letters. 10.30 a m
26th,
Friday, 18th, KODZOOM P. O.
Blog. 4,80 ₪ 2 Letters 4.30 x 1-
...G.P.O..
3.00
Bag, (Laitors. 0.09 vs.
bordeon Ble
1.00 pm
Auta Pingshan Sant
· Bhatia, ↑ Shataukok Skoungehui
3.00 Ft.
8.00 1,00 pm
·10,50 m
16 17/10
There are other rumours to the Cheungshow effect that "home brewing" will be given full away through removal of restriction on such personal manufacturo and provision of safe. auards against legal entry or other caterference,
Despite, ellorts to to
are maintaining complete silence.
Sandakan::
་