.12
CORRESPONDENCE.
HONG KONG DAILY PRESS, TUESDAY, NOVEMBER 18, 1930.
INFLATED PRICES OF LOCAL STOCKS?
[TO THE EDITOR OF THE "HONG KONG DAILY PRESS,"]
SI," Safety First" in the Daily Presi of November 14 is to be congratulated on the very sano riow he takes of our share market. Regardless of whether the writer has any ulterior mu- tive or not, facts and figures cannot be disputed. Perhaps the figures given below will help to further illustrate the inflated prices of several of our stocks. With the general trade depression that has been existing, is it possible that most of the companies listed below will pay the ad ditional dividends to justify the appreciation in the values of their stocks in the last year 1-Yours,
"A" PROVIDENT" SHAREHOLDER.
elo.,
Hong Kong, November 17, 1830.
DAILY SHARE QUOTATIONS
·HONG KONG STOCK EXCHANGE.
Bayer Sellars Batre Nolani
SHAREBROKERS? ASSOCIATION.
MONDAY.
Bales Kominal
Buyersdellerd NOV, 16.
Banks
H.K. Banka
-----... $1,0201
$1,645
| $1,610|
2114
***
218)
140
***
£37 LIZA
Do. (London) ... Chartered Banks Mercantile Bks. "A"
Do.
"0"
$114
Insurances.
B57
£18)
€12)
LONDON STOCK EXCHANGE.
CHINESE BONDS. FIRMER.
EXCHANGE.
MAJOR PART OF LOSSES RECOVERED.
FOREIGN MAIL
NEW YEAR PARCEL MAIL FOR GREAT BRITAIN,
The New Year Parcel Mail for Great Britain will be closed in the General Post Office at 5pm. on the 21st November para Karnata.:.
This wall is due in London on the 27th Docenter."
CHRISTMAS LETTER MAIL FOR GREAT BRITAIN VIA MARSELLLES,
The Christmas Letter Mail for Great Britain vis Marsèilice will be closed in the Genem! Post Ofoe on the 22nd November por as, Harmats as follows:-
Registered Mail...... Ordinary Mail
******** -2.19.45 m, 22nd November *** - 11.10.30 am 22nd November. This mail is due in London on the 2nd December.
The pabilo are reminded that Autiablo artiolon saat by lotter post to the United Kingdom are liable to confiscation by the Customs thers,
Christmas cards bearing not more than five written words may be forwarded as Printed Papers provided that the enclosing coroc is left open.
RADIO NOTICE.
Individuals and firms are recommended to register their tele- graphic address at the Radio Office. No charge in modo for this.
INWARD MAILS.
Name of Company.
H.K. Bank
2.Bank of East
Asia
3.-I.K. Wharves.."
Market Prics. 1/11/20. 1/11/30. $1,302.00 $1,555.00
Amount of
Apprec Total Market Value Sluce-in Paid up
in thousands. thousands. Capital. No. of Shares Issued." 1/11/90. 1/11/30. 1/11/20
$217,020
8248,800 £30,880 $90,000,000 160,000 of $125.00
81,115
8120
1.180
$478
$100
61,115
HIS
$478
4.-H.K. Hotels
00.00 347,50 10.95
--113.00 169.30 1170
5,000,00 4,000,000 7,083,570 790,357,
50,000... 80,000,
100.00 30.00
4,500
6,050
1,160
- 11,800.
13,080
1,290
10.00
8,720
9,317
607
$27
240,000,
23.00
BAU
B.-H.K. Landa
06.50
80,25
6,000,000
00,000
95.00
19,050
24,075
4,125
130
4.-K. Realities..
9.25
8.80
2,000,000 200,000
10 00
1,850
- 1,760
#00
199
70/-
7-Humphreys
1.4.80
15.50
1,300,000 150,000
10.00
2,220
2,325
105
534
8.-I.K. Trans....
10.75
18,10
3,230,000 650,000
5.00
32,898
11,765
*1,073
Ex
Bank of East Asin...! #115
Canton Inaumacom.. $1,130 Underwriters
in
North Chinas(sarcas
83.00 **
Union Insurances...] $475
M.50 Yangiaze Insurances
China Fires..........
$400
H.K. Fires......................) $1,130)
Shipping
Douglases TEATRANA
Steamboats * $292 Indos (prof.).]
Do. (def.)
Shell Transports ....
Water-boute ammu
THI
11
#441⠀⠀
TLOO
$26
$43
$28
83/0
#311
FRUM
t
.709,525
5.00
Mining
--China Lights ..... 10.-H.K. Electries:!
18.40
20,95
1,097,040
200,000..
8.00
15,393
20,238
10,845
JAPAN
07.00
7.75
4,500,UM)
450,00
10 00
30,150
35,888
6,738
140,000
--10.00
11. H.K. Telephones 12. Green Island
Cement's
.8.00.-
21.75
3,tDa,385
039,877
5.00
3,900
10,872
6,873
400,000 ..
7.50
13.35
18.35
3,400.000
400,000..
1.00
10,680
14,680
4,000
T.J
13.-H.K. Ropes......
8.40
10.73
2,000,000
$00,000
10.00
1,680
2,150
470
14.Duiry Farms...
22.00
27.00
1,500,000
200,000.
.7.50
4,400
5,400
1,000
៖៖៖៖
35/-
$8.70 Bonquota...............
Kailans de
bar
Amor and Swarow.....
37
JAPAN
7.8
Langkata (comb).... DON (single)
T14.40
147
144
$7.40
Explorations.......
7.1
Shanghai Loans ...
TO
8203
$261
Raubs COGIATEBOAR
Tronoh Minas
..
14/.
,30th October)
***
事跚
TAS
***
Each paid up.
83-16,1008412,000
$87,063
Docks, WharvSE,
*1,183
*Depreciation.
$179
Godowns, etc.
H.K. & K. Whorfa $174
$85,000
$5.40
Providents (old)
85.45
$2.60
Do. (new)...
81.65
HF. Docks
$32
JAPAN and
T.120
Shanghai Docks...
T.123
NEW YORK STOCK
RUBBER INDUSTRY IN HONG KONG.
T7.30
New Engineerings
T
7.283
Hongkews
Lands, Hotels, and
Buildinga
$11.70
H.K. & S. Hotels...
$11,60
CANTON OFFICIAL'S VISIT.
│· .
$83 $89 $831
$20
H.K. Lands (old)....
382
Do. (new)... $$$ Do.
(rights)
T.315
Shanghai Lands
$0.60 $9.80 $10
H.K. Realtys...............
$0.70
Humphreys 316
$87
Chinese Estates ...
JAYA ***
AMOT...
**
Shasha and Swarow
CANADA, U.S.A, HONOLULU, JAPAN and
Bhangrai (Vancouver, B.O. 30th Emp, of Japan, October) and Bonota via Simunja
EURORA via buzz (Letters and papers,}
London, 23rd Oct, and parosis, 10th October)...
Jaya and Manila
***
U.S.A., Canada, Jaran and Suangwar
(Beattie, Ish November) SAMARINDA
U.S. HO
*
...
PKE
Duy
TRkampek... Tyskembang
18th Nov.
་"z
18th Nov,
Hoochow ...
19th Nov,
Kitana Maru
19th Nov.
Yan Howlan
18th Nov.
Wakasa Mars
19th Nov.
19th Nov,
Bantam
20th Nov.
| Jeypora
Kalyan
Tjimanosk
MI
Ruth Nov.
20th Nov, 6 pm.
8th Nov.
Pres, Toll... Sipora
Blat Nov.
Blet NOT.
Hakosaki Maru...) Pra, Garfield
29th Nov.
991 Nor.
Pres. MaKinley ...|
1st Dec.
Isti Deo,
HONOLULU, JAPAN and Bxanghai, (Ban Francisco, 31st Ostober)....... .... U.S.A., HONOLULU, JAPAN and SUANG
HA1 (8an Francisco, 7th Neramber). CANADA, U.8.A., JAPAN and BHANOUI)
(Vancouver, BC, 18th November) ...} Empress of Asia
OUTWARD MAILS.
KEGISTERED 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 st's p.m. on the previous day,
Cotton Mil
Fox
T.13 T.12 T.09
440
Ewos
፧፧፧
PT.12 S'bai, Cottons........
T.12
**
T9 Zoong Singa
T.82 1.93
Japan
Public Utilities
18.10/11
Tramways ...no) $13.
414-
Peak Trams (ald)...]
ᎠᎴ (new)...
$281 $27
27/13
(11BW)......$26.30
IK Electrics
$16.20
314
Swatow...
87
Amoy
990
$89
$27
$32
$23
Macao do.
Straita and Banroom
Swatow, Amoy and Foochow
Manila
Batavis ...
ΑΦΟΥ
Manlia
Sharghal, Japan, Honolula, 0.8.4.
Canada, Central
and South America and EUROPE via Son Francisco-dne Ban Francine, 11th Deo, and EUROPE in Siberia (...)
Amoy and Foochow win watow
Manila, Australia, and New Zealand via) due Thursday! Thursday Island Inland, 3rd December Јарадк
Honololo, San Francisco and *South American Forta
Straits
$2.75
$187
$13
៖ !!!
Straits
$101
$29
*Straits. Fast Africa vis Mombues and South Africa via Lorence Marques and Bouth Americka Ports Manila, Australis, and New Zealand via Inland-due Thursday
Thursday
Island, and Desember....
A
Alauta Maru Celebs Horn Haiyang
Prea. Jackson Talihing
Tjikombang Kingyuan.. Emy, of Japan..
Acama Maru
Tassday, 18th,
920 AM 10.80 A
1:00 pm 480
5.00 M
5.00 M
Wodusoday, 19th
flag.
1080 AM 2,80 w
4.80
5,00
Teeplay, 20th,
Letters 8.89 AM
Thursday, 10th,
-8.30AM
8.45 AM 9.20 & M 9.30A N
Deli Maru
Kitano Maru
Beg,
Lettorn
Bokuyo Maru
Fas Houles A
Tantalus ...
10.00 AM
1.30 r
8.30
Wakana Maru
Taiping...
Hai Ning
Swatow, Amoy and Fooohow... Fhanghai, Japan and EUROPE via Siberia Kalyan
Biraite Ceylon, India, Mauritius, East
and South Africs, Aden, Egypt and KUBOPE v Marseilles-due Mar sailles, 20th December
Karmala
*Paroole 5,00 P Bog,tiat, 9.45 AR Letters 10.30 a ■
At
2.00
2.30 T Kowloon F. 0. Pascals
4,50 * *
Beg Stud 9.00am Lafters 1000 & M G.P.O. |}{Par.,Ilst, 5.00 PM
Beg. 22nd,9.45am
Letters
Bondey,
20.20 A M
London, November 13. With various adverse influences operat- ing, the market almost throughout the whole of the past week have presented a dull appearance, but group movements the most premorning after spending over
the general tone to-day improved.
General Tang Yin Wali, the Coin- missioner of Reconstruction in Can- ton, arrived in the Colony by 8.9. President Van Buren on Saturday
month in the North. It may be recalled that General Tang went to Nanking in the company of General Chon Ming Shu and attend-
[UNITED PRESS,]
New York, November 13-With
nounced since September 10, the British gift-edged securities, aftermarket advanced on the New York being irregular, came in for renow-Stock Exchange to-day and closed ed demand. Indian securities have higher to recover the major part of remained very steady. Among Euro. Novimber's louses, says the daily ed the All-China Industrial and $18.15 pieun issues, German Bonds have be- review of the Dow Jones Financial Commercial Conference held there
News Agency.
under the auspices of the Ministry come wrakot, Chinose Bonds have Sales for the day totalled 3,451,450 of Industry and Comineres. Dur experienced some profit-taking, but shares. Call money remained nting his sojourn in the Colony the 826.40
Visit to are now firmer again. Japaneso per cent, with time money at 2 per Commissioner paid s
various factorica and among those securities have been well maintain-cont., for 60 days and 21 per cent.
for 90 days.
visited was the Fung Krong rubber ed.
factory at Shaukiaan, one of the largest rubber factorios in China.
It is interesting to mention that the Fung Koong rubber factory, established seven years ago, is a Chinese ponporn, entirely under Chinese management. It is well- gipped with modern machinery and employs over a thousand work- men.
Industrial shares, on the whole,
The Rally in Coppers, have been unsettled by recent un- "favourable dividend announcements, The copper issues to-day continu- especially by textile concerns. Oiled their rally which started yes issues, after the recent hoavy fall,terday, and near the close of the which was due to fears of a ronewal | market the rails joined in, the Dow of the price-war, rallied on reports Jones average for 20 rail issues of a substantial reduction in probeing up 2.10 for the day to a level duction of crude-oil and maintan-¦ of 106.43. -ance of both the Royal Dutch and Shell interim dividends at ten per cent, Rubber shares hove ruled quietly steady.
Latest Quotations. Chinese Government
Bonds:
6% Beorgs. 1013,
London.
Nov.. Nov.
13. 12.
G71 071
5%. 1806 Enk.
100
100
5% 1898 German.....
80
00
4 1893 .....
101% 101
41808 Eng. *.....
88
88
-41% 1009
03
031
48
49
771
Imperial Rly. 3%
77
774
8.N.B. 5%. -Canton Kowloon
601
1012
8% 1925
4%..................
·18-22 20-25 Tientsia-Pukow 5% 28-32 95-39
Tientsin-Pukow 3%
2nd
Shai. Hanghan
Hukwang 5%
Honan 5%
Lunghai 5% 1913
Marconi 8% Vickers 8%
H. & G. Bank
Chartered Bank.......
Mercantile Bank
1.C.S.N. 6% cum.
prof..........
I.C.S.N. Ord.
23-28 £3-29
771 77 34° 33 17-93 19-24 17 17 18-93. 19-24
18-23 18-24
113
113)
181 182 271 27
Gula Kalumpong... 12/0
3
Anaconda Copper closed up 13 to 381; Calumet & Heeln was up 1 to 101, Kengecott was up 2 to 30%, and Nevada Consolidated was up 1 to 12. New York Central gained 1 to close at 1331; Pennsyl- vania was up 2 to 605; Canadian Pacific was up 3/4 to 491, and Union Pacific soared eight pointe ON to.close at 1843.
Olis also strengthened. Standard Oil of New Jersey gained 1 to close at al: Standard Oil of New York was up an eighth to 23); Indian Refining held at 34; Phillips Potroleum was up to 20, and Continental Oil was up 3/4 to 11.
Strength Despite Profit-Taking, The remainder of the list was strong, despite some profit-taking near the close.
EXCHANGE.
CLOSING QUOTATIONS.
$81
311 $351
$22.60
7,9
T.18
19/
Star Ferries 201
U. Lights (old)................ 326.HO
Sandakan Lighte
Telephones (fully pd.)
Do. (part pd.){ $zzj Chius Bases ma Tractions
Do. (pref.)......
Industriais
T10 Caldbeck, 1(ard.) Macgregor pref Canton ice ma
TIO.
...
$17
Cements (comb.)...... 8184
Do (old)...
00.
Ropes EVVODIN China Bugare ......upun Malabon Sugars *** United Asbestos...
Miscellaneous
$18.55
$12
851
10.60 30,70
November 17, 1834, LONDON:- Telegraphic Transfor... 1/2} Hank Billa, on demand 1/31 Bank Bille, 4 months"
THERE
$27
Dairy Farms, cum. r.
$97,20
sight
1/84
$251
Credits,
Bight
Documents,
sight ON PARIB
months'.
months'
1/4-3/16 1/4 3/18
Do, er rights Do., rights B Der A. Wingscenar
$23
Amusements
$101 $34
$3.70
$19
Bank Bills, on demand 792) Credits, 4 months' sight 8824- IN NEW YORK?***
ON BOMBAY -
Bank Bills, on demand 311 Credits, 60 days' night. 321.
Telegraphic Transler
BIX
ON
Bank, on demand........... CALCUTTA:→
With U.S. Stool closing up a point to 148, the Dow. Jones aver- age for 30 industrials was up 3.05 to 180.38. Eastman held at 166 but American Can was up 31 to 115; J.I. Case was up 4 to 118; Gonoral Motors was up 1 to 85; Hudson! Motors was up 15 to 201; Packard ans up 5/8 to 8), and Chrysler ans un 3/4 to 101 General Electric gained 14 to close at 49 bae West inghouse was off 3/4 to 991. Good Os
11 rich Rubber was up a half to 18. 12/0 Goodyear was up 1 to 42, and
Telegraphic Transfer...}, Bank, on demand 8GÅ
OH SHANGHAI
Tix. 30)
Bank, at sight ........)19% die
On foxonama:——-
O
·∞
On demand strings MANILA On demand... 691 SINGAPORE:
On demand ON BATAVIA:-On demand., 771
D.A.T. C. Reg. 101/101 102/0.8. Rubber was up 1 to 13 OX HAIPHONG:
Shell T. & T. (Reg.)
Sol.
20/101 78/101 close at 67. 41/-
Johns Manville gained a point to for 20 The Dow Jones average utilities was up 1.77 to 04.11. American Tol. & Tel, gained 5/8 to close at 1878, with International Tel. & Tel. up a point to 271. Radio Corp. was up a point to 15; Colum bia Gia was up 14 to 38; Com solidated Gas was up 31 to 80%, and Standard Gas was off 13 to 68-
On demand...
Ox BAIGON:On demand ON BANGEDE :-------- On demand BovERKINS, Bank's Buying
Bate BAR BILVER, DE OR
051
Canton
.701
$11.60
Chin. Entertainm'ta 311
Constructions...........
Crawfords. $31
Tobacco... $31
Binceren..........***) $11 80 Watsons
$2.85 Wm. Powells.......... B. Ind. G. Bonds...
F.K. Govt Loans ... 81013
LOCAL AND REGULAR OUTWARD MAILS,
PER
DATE and TIMU
Bangkok via Swatów in
Ευαπρόλογο,
*8,80 ▲ M
Swatow, Amoy and Formosa..
Canton Maru
: 9.00 a
Monday,
Amoy via Swatow
Anting
· 10,30 & 1
Tuesday, 25th,
WEEK DAYS.
FROM -G.P.O.
-FROM 181EUNGWAN
BEANCH P,0.
FROM O,PO
SUNDAYS & HOLIDAYS
YEON X JOSTUKOWA
BENCH
Swatow, Amoy and Fooshow
Halching
1.00
Masnang
Wedne day 26th,
10.30 A
£0.
Sandakan
57.16) 2,50 a,mi 16.00 pm. 17.00 pm.
7.10 am. & 5,00p.m Sundays C5pm only
7.80 a.m; &
7.00 pm
Manso & Telusban.
(7:15. & 7.30 am. {1.16 p.m. | | 1.80 p.m2
1.115 p.m.
1/4
Bundays 9.15
only
Kongmoon (except Saturdays) 6.00p.m.
Kankong (except Baturdays).
6.00 p.m.
5.00 p
16.00 pa
gandayn 700 pm. Loalg
(7.15. (7,80 mm, a
1.30 p Sundave
only 6.00 pm. 0.00 p.
Copenhagen Oslo Vienna Prague Helsingfors
18,16
18.16
Fatahan (By Train),
7:15
34.483
TO
9:00 am
*1631 193
49.30
108.25
--370
DECLINE IN U.S. OIL
PRODUCTION.
danil through-
Paris New York Brussela
Amsterdam .......................................
Ruary, Nov.. ID.
193.653 4.85 10/39
Bucharest
ala
Rio Buenos Aires Monleriodo
38 11/10
34.825
28.055 10.076
Bombay
áberdeen Stanley!
$9.00 m.in. &
18.00pm
† 1.00 3
|| 3,00 park. (12.30 pts. & 6.30 pm. Haturdays 100 pu [6.80 pipzi
8,50. 1.00pm
7.15 $50.
0.00
TUDO ALIOL
· 11,0 km.
11.00 1
3&4.80 p.m.
820 min
Straits, Ceylon, India, Mauritiai, B, and
B. Afrios, Adan, Egypt and BIBOPE Hakosaki Maru
vis Marssilloncina Maimallion, 87th Doc.)
#Superscribed correspondanos only.
Friday 18th, Kowloon PO
|Catters: 4.20 ▼ m
Reg.
A G.F.O.A
paliters 8.00 a w
P. O. Box 1, Hong Kong
is the Address. Write an Order for the Hongkong Weekly Press and China Overland Trade Report to be sent you for Three Months or A Year. The first will cost
bo Annual
$4.00
5.00.
Berlin
Gut the United States has decirned Tran THESE
by 43,000 barrels daily during the
quat, week, according to announco- ment here to-day.
Stockholm (Dontinued at foot of next column.)
Tosolizma ga Silver (spot) Silver (forward-
Han Kang
**** 20.393 18.10.
(Funda)
421
P. & 0, def.
Jap. % Loan, 1907 93
Jap. 6% £Loan, 1924
102
Chi. Eng. & Mining 357-
102 35/-
Consols
50
58
War-Lona, -5
102
102
Canadian Pacific...
43
Victory Bonds, 4
9000
German 7% Int.
Lonn, Br.
1002 1001
S'hai Elec. Con. Co. 49/6
42/6
North
China Daily News..
* Unofficial quotations.
EXCHANGE RATES.
(BAITION WIRELESS BREVICAL)
Madrid
Lisbon Athens
Tai Fo
Ghamchun