1930-03-27 — Page 11

$

Money and

THE BANK OF CANTON, LTD.

Markets

CANTON TRADE NOTES.

THE HONG KONG DAILY PRESS THURSDAY, MARCH 27, 1930.

The Chinese fertilizer market is

FIVE LAKHS FOR DIVIDEND: doing well and prices have gone up.

The 19th Ordinary Annual Gen er Meeting of the Bank of Can- tor, Ltd, was held yesterday, in the Beard Room of the Bank, No. 4, Des Voeux Road Centrál..

The bean trade is brisk and Intest quotations are:-Soy bean 80.50 per picul, white bean $10.50, scarlet bean 810, small green bean, 810 and black beag $11.

and pongee is very active following The market for Chinese thin silk the Canton Government's order that from April 1. Governmental employees

Chinese materials.

must

wear

IMPORTS-PRICES CURRENT.

The reports and pelesi are pablished as supplied by Importar, and the Chamber cannot accept responsibility for the accuracy thereof,

Market dull. IRON AND STEX L

Metala

Stool Nall Rod... per plout 30.20

Steel Bars.

มี Angles

Boda

Joista

"

Bhoo

Platem

Swedish Bar

DAILY SHARE QUOTATIONS.

HONG KONG" STOCK. EXCHANGE.

[!

$1,360

2110

"Banks

HK. Banksi

Do. (London)

£15 Chartered Banks,

£1st

Mercantile Bks. “A”

Do.

Bank of East Axix. $99

Insurances

Underwriters

SHAREBROKERS: ASSOCIATION.

Buyers | ·Ballers'

Bales.minal)

WEDNESDAY, MARCH 26.

Bayarı Sales Balm Mom

QUOTATIONS. Continental

20, -3.65-8.70

*2.56.5,80

3.90 81,370

[$1,370

'5.96-6.60

1.00

6.80

18.00

"

Small round rods Boope

black stoel galvanised Black Tubes $17. Gely. Tubes

3.913

$99

7.60

14.80

...Discount 73% o, &?.

***

83%

Wire Nails, 14-3 per picul 8.80-0.00 Galvanized corrugated this,

$785

Canton Inscrisoa

$760

$1.30

$1.10

...per 100 lb. 24 G38,80 `Galvanized fat shoots, 1/32",

7.180

North Chiasma

$400

1/6... ...per 100 Iba 28 019.79 Galvanised 3/33#*#xyporib; $14.00 Galvanized wire 19/22 per picni

$345

M.850 Yangtare In.........

Unica Ins...............

$309

Chink Fires

$340

1950

1905

$900

Briti

B.M., Spot

To arrive Australian--BHP., Spot " "To arrivs " TIN PLATES:-

$17.00

15.60-15.00

17.50 18.50

$231

per box 13,10

18.05

$25

13.60

11,80

$8.65

Mr. Li Yuk Tong, Chairman of the Board, presided and among those present were:-cars. Li Sing Kui, J. M. Wong, Li Fo Kwai, Tam Woon Tong, Ng Yee Hon, Chan Fu Tscung, Ng Tu Ting, Tanng In Ting. Li Yik Mui, Look Foong Shan (Chief Manager) and

LEAR The cotton yarn market is quiet. Li Tie Chung (Manager)." (Dires- tors) and the following sharehold-There is only a limited demand ers:-Messrs. Leung Yuk Shan, from Fatahan merchants but quota Lam Kam, Li Ping Chiu, Look tions are unchanged, According to King, Eo. Wing Po. Chan Sung Shanghai telegram, the market | Hon, Yeung Yau, Cheng Yuet Po, there is normal. Li Wai Tsoi, Li Cheuk Cheong, Ng Chuk Chuen, Quan Shu John and Fung Iu Cheung.

11

The Chairman aid:-The work

·ing during the past year shows very satisfactory results and is com- paratively better than that, of the previous year. The large idcrease in our exchange business favoured by our countrymen residing in the gold currency countries is the chief factor attributable to these happy. resulta.

The net profit, including 845,002,3" brought forward from last account. and after paying all charges anď. writing off bad and doubtful debts leaves the sum of $1,30,303.70 for appropriation and with this it is proposed to:-

Transfer to the Reserve

Fund Transfer to the Reserve.

for bad and doubt- ful debts

Write off Furniture, Fixture and Vaults Account

Write off Stationary Account ............ Write off Branches Or- ganisation Account... Bay. Dividend, at 82.40

per share.......

Pay Bonus to Directors

and Staff

Carry forward

balance to next ac count

10,900, BJ

Total 81,396,393, 70

I. take this opportunity to express our high appreciation of the ser vices rendered by the Bank staff here and abroad."

*

Some 2,500 piculs of wolfram ore were exported during the first half of the present month. This shows an increase over the preceeding manths, demand by foreign mer chants being brisk.

EXCHANGE RATES.

EBRITIBE WIRELESS KERVICE)

RUGBY, March 25.

124.25

Paris

New York... Brussels Geneva

Amsterdam Milan Berlin

Stockholm

Onia. ***

Bucharest Rio

Silver (farward)

30.00

108.30

HUNDREDS OF CITY CLERKS DISMISSED.·'

BUDGET UNCERTAINTY DLAMED FOR SLUMP

English LC.W., 20° x 14",

1Q0 lbs. Spot English I.C.W., To arrive English I.C.W, 181114",

110 lbs. Spot English LC.W., To amire

Continental:

American I.C.W. (8pòt) 20′′x14′′.

100 lb, 113 sheets per bar...No stock Ameriona 1.0.W., To arrive 20" 147

100 lbs., 119'shoots... per box 115.70

4|

Petroleum Producta,

ས་

per ca 3.88 1.13

American Patent per sack $4.32-4.50

Straight...

STOCK:

2018

$60

m⠀⠀

HHH!!

H.K. Fires.

Shipping

Douglases

Do. (del)

Steamboats

Indos (pret)

96/10 Shell Transports

Water-boata

Mining

Benquets...

13/9 •Kailans

T13.60 Tangkata (comb.)

$22

#29)

93/3

94/9

རྒྱ BBབྷ༔ ;11 B1 བཿ1 11 Eཤིཥྛཿ 1

54/

T.14)

T.›

T.7 Do. (single)

T1.30 Exploration......

T.

Shanghai Loans

$161

Rauba

21-

Tronoh Minezinu

19/3

Docks, Wharves, Godowns, ato.

HK. & K. Wharfs...

Providenta

H.K. Dock's

Shanghai Docks...

New Engineerings

1 Hongkews

Cotton Mili

Ewos

Humphrey

Dour

!!!!

FOREIGN MAILS.

RADIO NOTICES.

The Radio Office, where full information concerning all wirelsen sarvices -may be obtaire at all times, in situated on the ground foor of the P. & C.

Building in Des Voeux Rand, next to the General Post Office

Individuals and Amma am recommended to register their telegraphic ad- dremos at the Radio Office, · No zbarge is made for this,

INWARD MAILS.

Shingua: & Swarow

Shanti

27th Mar.

EUROFEVÍA BUus (Laitara di papers, Lon-

dan, 27th Feb., & parcels, London || Rajputawah

2713 Mar

10th February

JAPAN, SHANGHAI & EUROPE

Siberis (Londen, 7th Harph)

·U.S.A (Boatile, 8th March), Canada,"

Rawalpindi

18th Mar

Jaram & MANARAI PEM SHANGHAI & Swarow SHANGBAY & AMOX ANOT

་་

Gawana (Victoria, B.C., 8th March},\

USA, HONOLULU, JATAN & SK110^1}]

Pres. Jafferson

28th Mar

Breshen Thikarung Takada***

29th Mar

29th Mar

Hakone Mary

Sith Mar. 20th

Mar

Komp. of Busin

Pres. Maxisley.

Fit Mar. Sint Mar.

JAPAN

Giuyo Maru

Sist Mar.

MANILA

Lingo Muru

slet Mar.

U.S.A. (San Francisco,: 8th Marchộ,

Honolulu, Jakas & Shangnai

Korea Maru

203 Apr

..

JAPANIS

JAPAN & BRANDHAL

U.S.A. (San Francisco, 7th March),

HONOLULU, daran ♬ DEANEKAL

AUSTRALIA & MANILA

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 am registered and parcel mails are closed at 6 p.m. on the previous day.

Kanagawa Maru

3rd Air.

Katori Maru

4th Apr.

Pres. Fan Buren Nellore

3th Apr.

7th Apr.

British.

WHITE Ross Brand

***per cass $18

$18)

For

COMET BRAND

3.99

Соск

1

· 3.08

4.66 31/32

EAGLE BRAND

***

2 tina 3,60

"

34.88

... per bulk 3.00

*Swalow, Amoy & Formora

25.133

12.199

02.97

20.383

CROUS BRAND

SOCONT MOTOR GASOLENE... per CD 6.85 SILVER: LIGHT CROWN BRAND 68 lbs. per 2 tins 3,60 8 i galla. 68 lb. per bulk 3,00 71 ibr. per 2 tins 3,34

3.99

$147

$5.05

&sto

$33.

499

T129

2

19.10

$150,000.00 ·

Copenhagen

LAM GLASH

18.10

Bí, galle, 71 Iba, par bulk 3.74 per 2 tina 3,52

77.80

1.290

SHELL MOTOR SPIRIT

per caas 6,83

18.12

500,000.00

Vienna Prague Helsingfors

por 2 tinr 5.53

34.575

por bulk 4.08

184 3/18

per gallon (ex mmp) 0.61

401/1

T13.40

103+

SCALE

***

Madrid

IIN FOO

8,72

114

T.80 T.TH

S'hai. Cton (old)....

1,041.15

Lisbon

TEXACO Moron ST

6.83

Do

(now)...

Athens

11,714.33

673 818

per gal. ex pump 0.60 Coals.

T.10

---

Zoody Sings

Straits, Ceylon, India, Mauritics, E. & 8. Africa, Aden, Egypt & EUROPE vin Marseilles-dus Marseilles, 25th Apri

Рел

DATE&TI

3148 $5.10

Straits

Deli Maru Orever

Thursday, 27th,

8.80 10 30 AM

ITA

#swatow, Amoy and Foochow

Haiching

-1.00 >>

Hydrangea

251,

T.120

BairUE

Iloilo

Kako Maru

6.00 7

T.7

Friday.

25th,

Bhaoghai, & EUROPE vis Siberia Amoy

Rajputana Besolute

.830

7.831

„TAI

T.92

2.30 PM

Lixan

8 23/32

KAIPING NO. 1 Lamp

QUOTATIONS. $18.50

Buenos Aires

42

Lands, “Hotels änd Buildings

Nut Coal

10.00

Bombay

1/3 13/18

No 2 Lump

12:50

8121/60

H.K. & S. Hotels

$12

(12.55/60

310,936.00

Shanghai

1/11/

Ko. 1 Black

10.40

Hong Kong

1/81

No. 2 Black

9.00

68,060.30

Yokohama

2/08

Flour

3671.8871 387)

$8.20

H.K. Lands

T240

Shanghai Lands

Baihow and Haiphong

H.K. Realtys......$7.80

Гарад

Menda

Frea, Jefferson:

the

Silver (spot)

101

$14

MANKET-Very quiet.

******** $140.

Amoy

Autung

19 7/16

#

QUOTATIONS:

$98

Chinese Estates

108,843,2

8.30-3.65

Public Utilities

Bangkok via Swatow ...

Kaying

Cnt off

1.35-3.00

Australian No; 1

3,20-4.00

310 $105/60

Swatow, Amoy & Formosa

Cunton Haru

$19.00)

Canadian Cut of

3.20.5.30

B

Straight

8.15-3.25

$6.06

Bhanghai

Mixture

3,00

2nd Clear...

2.00

8211

$104

500,000 bags

200,000

20,000

$673 823

-720,000 bags

$127

Straits & Calentta

Japan, Onnada, U.3.A., C. & R. America EUROPE via Victoria, B.0,– due Victoria, B.U., 18th April Manila

Shanghai & 'EUROPE via Siberia

Hahona Haru

Kumsang

Chekiang fi Talthybius

10.30 A

Kowloon PO. Parosla

4.30

Beg. 9th, 9.00 a M Letters 10,00.

G.P.O. Paz.28th,,5.00 ↑ *, Reg. 29th, 9.45 M Gettama 10.30. -

Saturday,

th

9.50 AM

10.00 AM

-4.30 r

5:10.

3015,

9.40AM

9.00 & M

Monday, Blat

10.90A M Parcels Noon Letters 1.00

||Parcele 25,00 2 3

Pron Mckinley Bog..

5.00

Enp. of Russia

tieg Pres. Mokinioy Letters

3.30 19

5.00

6,00

F18

10/

16/3

Wei Hai Wai via Swatow and Foochow Manila & *Java via Borrabaia

APRIL Tacsay Jat,

Kreicher...

Thikarang

Tadustrials

Straits and Calcutta

Takada...

T.10

Caldbeck, ori.)

T10

Macgregor}(pref.)

$21

Canton Ices

321

$141

Cements (comb.)... $14.50

To

S10

Do (old)

Straits, Ceylon, India, Mauritius, *£. & *B. Africa, Egypt & EUROPE ris Mar seilles de Marseilles, 2nd May

Mirishis

$4.00

Doi

(new)...

$8,18

363 $0.80

85

Ropea

China Sugars.....

Bwatow,

Amoy and Foochow

Hatyang

Swałow

Foo Shing

$27

Malabon Sugars...

929

Shanghai, Japan,

Horolate, U.S.A

United Asbestos

Miscellaneous

"Canada, Central & South Amérien, [

and *EUROPE via Ban Francisco– › | Tenyo Maru due San Francisco, 25th April and "EUROPE ria Siberia

Reg

10,30 4

Parcels 11.00 AM

Letters Noon."

aunotson 1.0. Reg.

esters 1,00

G.P.O. frog... -1,45 M ||Lottery

*9.30 PM:

1.00

5.00 M

Wednesday, 2nd, Letters 8.30AM

8.80 A

- $201.

$20

Dairy Farms.

520

$0.80

រឿង

Der A. Wings. Amosamente

928)

Bapıdakan

$1.30 Constructions

$1.20

Amoy

Hinsang

Teinan

8.20**

$2.65

Lane Crawfords...

33

$18

*

Mack

Mackintosh

Nanyang Tobacco...

$4

$12

Sinceres (old)......

$10.70

Shanghai, Japan & *EUROPE via Biberia | Hiskima Maru Manila, Sandakan, Australia and New)

*Do..

(new)

$9.30

$11.40 Watsons

812.20

Zealand via Thursday Inland-due}, "Bl. Albans, Thursday Island, 19th April

In pa

$3.25

Wm. Powella ...| |$21 ··

Switow, Amoy & Foochow a

Eaining

621.

B. Ind. G.8 Bonds.... 61%

*Straits, East Africa via Mombies, South

prem.

EK. Goyt. Loan .....) $105Ą|

Africa via Lourenco Marques de "South; Kanagawa Maru

Amerian Perta...

As there is nothing more for special comment I now propose that the Report and Statement of Accounts for the year ended Decem ber 31, 1020, be adopted and when this has been seconded 1 will be pleased to answer with my best ability any question that share holdera may"nsk, "

Twelve hundred clerks have been dismissed owing to sluckness of Lüsiness in the City.

The extent of the depression may be gauged from the fact that the Stock Exchange nomination fee has dropped from about £1,300-its highest last year-to approximately £850. Fewer than a dozen firms of Mr. J. M. Wong seconded the stockbrokers, it is stated, are pay= proposal and the Report and State-ing their way. ment of Accounts were unanimously The present uncertainty regard. | adopted.

ing the Budget, particularly the Mr. Ng lu Ting proposed and safeguarding duties, has neted as a Mr. Sing Kui seconded, that blight in the City, killing all in- Mesars. Percy Smith, Seth and centive to do business?" "declared Fleming be re-elected, Auditors for the ensuing year and this carried.

a stockbroker. Nobody is going was to deal in British industrial shures knowing that they might be serious- |ly affected in two months.

A pronouncement GULA-KALUMPONG RUBBER, duties is urgently wanted, and un less it is forthcoming the slump will get worse.*

ANNUAL MEETING.

The following information bas heen received in Hong Kong by Mesars. Lowe, Bingham & Mat- thews, in regard to the Gula- Kalimpong Rubber Estates, Ltd.:'.

The annual meeting of the Gula- Kalumpong Rubber Estates, Ltd., was held in London on March 25, and out of the balance of £70,967.16.10 at credit of Profit and Loss Account nt December 21, 1029, a dividend was declared of 1/8 per share less Income Tax of 4/-, and £20,000 was transferred to Rezerve Fund.

The dividend is payable on and after April 9 to all shareholders registered on March 25,

After "providing for income-tax.

will leave this

4 balance of £81,067.19 to be carried forward to .next account..

Bearer Shares-Coupon No. 20 wan..drawn.

CANTON'S COAL CONSUMP- TION.

ONLY HALF MILLION TONS IN 1929.

The report of the Canton General Chamber of Commerce on coal im- purted into Canton during 1929 discloses that the amount totalled altogether 489,100 tons. The details are as follows:-

Name...

on

these

American Canadian Australian...

Sundries.

1.

WINDOW GLASS-

.Fair average sizes

· 1/10 thick 1/5/

*

per box $0.00 *15.75 China, India and Straits Produce. Socis=

"

Jara Bough White... por pical #1.45-7.00 (Reported sales 61,814 picals. Spot) Java Rough White...per picul 17.55-7.89

(Reported asler 84,650 piouls.

Arrive during March, April, 1930, shipment from Java)

Java Fine White... per pical

(Reported sales Epicule. Spot.) Java Hough Brown.....per pical $7,53-7,63

(Baported sales 2,491 piculs, "Spot.) Java Melastes per picul $0.10-0.38 (Reported anles 24,341 picula. Spot.)

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 Mossra. Swan, Culbertson & Fritz, Sassoon House, Shanghai, (cable address: “Swanstock," Shanghai), who are not responsible for cable mutilations:-

Tone of Market.-Firm.

"No. of Shurca doge -4,500,000.

Call Money.4 per cent.

New Yona, March 25.

Tümummi

$5.05

Tramways... $18.60

Peak Trams (old)... $11

Do. (now)... $5 Star Ferries.....$67 C. Lights (old)... $20

(110) $18

Do. (comb.)....

H.K. Electrics

Macao do.

Sandakan Lights...

Telephones

China Buses

Tractions

Do (pref.).....

367

$86

LOCAL AND REGULAR OUTWARD MAILS.

HIRMUT

Wednesday, Ind."

10.30 A ME

Friday,

Par.

8:30 AM

Noon

Bog

1.45 -

9.50

·2,00

5.00 X-

Straits, Ceylon, India, Mauritine», E. &

WEEK DAYS,

FROM

Last Dividend.

Latest Sales.

its G.P.O.

FROM SHEUNGWAN BRANCH F.O.)

SUNDAYS & HOLIDAYS

FROM FROM SHAUNGWAN G.P.0,

BRANCH

P.O..

S. Africa, Aden, Egypt & Karope | via · Maraclila-dae Marsailles, 4th | May

Kalori Maru

Kowloon, P.O. Begi Let 5th, 200

G.P.O. Beg sth Binh a

-*€ 100

Canton

(7,15 km, &) (7,30 . 18.00 p.m. 7.00 pa

Japan and South American Porta

Amoy

Ginyo Marui

Letters .9.30 AM

Saturday, 5th;'".

́ ́10,80 Á M

Monday,

None

Đam Sang

'correspondenes only.

5.00

only

30c,

39

Nono

240

Macho & Trinahan

Electric Bond and Share General Motors

General Ry. Signal

Kongmoon (except Saturdays) 5.00 pm.

Kankong (except

§ 7.15 am, &) § 7.80'.m. (1.15. p.m. ||1.30 p.m.

$.00 p.. 8,00 pr

Sundays

only

6.00 pm

17.16 am:&(7.30 &

1.15 p..

1.80 p.m. Sundays Lonly

6.00 p.m. 6.00 pm.

Fatsban (By

None

Tai O

7.15mm. 1.00 1.2.

8.15 0. 8.30 .EL

WHEN YOU ARE DUE FOR LEAVE

Send a Chit to 11. Ice House Street. order the Hongkong Weekly Press be sent to you for

Three months

Six months

American Smelting Anaconda Copper Baltimore and Ohio Borg Warner & Co. Chrysler Motors City Service Common Curtis Wright Common. Eastman Kodak

Gold Dust ........ Goodyear Tire and Rubber Granby Consolidated. Grigsby Grunow. International Cement Montgomery Ward

Radio

Tai Fo

Shumchu

77,15 km. &) (7,30 am, &

7.00 р. 5,00p.m. Bundays Sunday CGp.m. only 7.00 p.m.

7.15 am.. 2:00 am. (9,00a.m. & 13.00 pm

9.00 & 18.00 pm [32.30 p.m.; & 4.80 p.m. Saturdays

1:00 pm $.30 p.ta

0.00 1.23,

11.01.

511.00

&& 4.30p

Nevada Consolidated

Tons.

None

Indian Coal

47,008

Sears Roebuck & Co.

Formosan Coal

114,011

Simmons Co.

Fushun Coal

97,330

Standard Brands......

Kaiping Coal

58,033

Standard Oil Co. of New Jersey

None None

Cheungchow.

Dutch Cool

70,862

·Standard Oil Co. of New Ypr

$3.75

1.00

Haiphong Conl

BJ,617

Union Carbide and Carbo

Shantung Coil

10,990.

2.80

United States. Steel

Japanese Coal

9,549

Kwangtubg Cool

Native Coal.

Total

1700

$06,709

Willys Overlander

A-Plus stock extras.

C-Payable in stock..

1.20

Aberdoon Stanley Autan, Flogshan, Santin,

8,30

Shatin, Ghatankok ́ ́and

1.00 p.m.

·8,00

8.30 .Dt.. 1,00 p.m.

10.30am.

$7,50

Cheungshui

Twelve months

815.00

D-Plus 4% in stock...

Sailung

1.30 pm.

1.30 pm

B-Includes stock extras,

E÷Plus 0% in stock.

Namtan, Shekki & «Taipi

Fumin).

7,00 p.tc

*7.00 pm.