1930-04-26 — Page 11

Money and Markets

HONG KONG SHARES NEW YORK STOCK

BENJAMIN & POTTS'

WEEKLY REPORT.--

Business was resumed, after the Easter holidays, on the 22nd in- stant, and since then a distinctly better feeling has developed, with more enquiry and fewer sellers, The principal features have been shares in the Public Utilities and Industrial sections most of which mark an advance on fast week's -quotations.

"

-EXCHANGE.

EARLY ADVANCES

MAINTAINED.

HEAVY, SALES READILY ABSORBED,

[UNITED PRESS.]

THE HONG KONG DAILY PRESS SATURDAY, APRIL 26, 1930.

New York, April 17-Despite, the pre-holiday liquidation on the New York Stock Exchange, stocks held Banks-Hong Kong and Shang: to their early advances, says the hai Banks are slightly higher in London at £117.10 (fiddle) and daily review of the Dow Jones Fin were dealt in to a fair extent local-ancial News Agency. ly up to 81,420.

There were heavy offerings of the market leaders, however. The heavy selling was readily absorbed by the market.

Rise in Radio Corporation." Radio Corporation of "America featured the late trading, with a sharp rise to a close of 62%, up 33 from yesterday. Fox Film and advanced Eastman Kodak also spectacularly, the former closing at 48, up 33. and the latter at 245, up four.

NEW YORK STOCK QUOTATIONS.

Now York, April 10. Market Arm. Business done 0,049,560 abarca,

Adama ExpreES 24, 2018, Allied Chemical & Dys... American'Can, se American Bolling Mill... American: Smelting tha American Tal & Tel. American Tobacco "B" American Waterworks, Anaconda Copper Atlantic Bedning › ̈ Baltimore & Ohio

Bethlehem Steck Born Warner' Calumet & Hedla

Ape: Apt. 16 17. ... 84. 951 8341 3411 1831 183

.09...

7. 74

2691 200

244 245

DAILY SHARE QUOTATIONS,

HONG KONG STOCK:

EXCHANGE.⠀

SHAREBROKERS

·ASSOCIATION.

Buyer

Before Ba Namion)!

FRIDAY. APRIL 25.

Durore Ballar

Salón

Femina!

... 118 118 $1,415,91,430 1,405/20

:71

160

48+.40

117 117

200

+

... 105 108

47

471

$109

Canadian Pacifo Kaleay Chesapeake Corporation Chicago Eock Inland ... Chrysler....

***

Cities Service, Common Columbia Gas & Electria

Columbia Graphsphona Commonwealth & Southern Commonwealth &. 8. warr. Consolidated Gas of N. Y. Continental Oil... Corn Products ... Cartins Wright, Common Davision Chemical D'Pont de Nemours Eastman Kodak

Commercial Solvents

Electric Bond & Share... Erie Railway..

For Film "s

·General Electio General Food Gastoral Motora ........

General Enilway.Signal Gold Dust Goodrich Rubber

& Rubber Goodyear Tire Granby Great Northern Certificatos

Hudson Motora.

Marine and Fire Insurances Unions were realised at the outset at 8430/8433 but have ained streng thened and can be placed at 8440. Canlous, were negotiated at 8820 and $823. This Company has an- nounced a final dividend of $7 for 1028 and an Interim dividend of 818 for 1929, making 843 as compar ed with 840 paid last year: There are enquiries for Hong Kong Fires at 900, China Fires at 8335 and China Underwriters at 81.50.

Shipping. Waterboats have con- tinued their rise and are in requestThis had the effect of stimulating at 827. Steambouts are wanted at other stocks. The buying shifted to 826 after sales at 8261. Shell various sections of the list, creating Transports have receded to, 9776. | apprehension among the profession- Douglas Steamships are enchanged. al traders, who hammered the mar-Johns Manville...

Docks, Wharves and Godowns.-ket during most of the session." Kowloon Wharves have buyers at 8130 after transactions at this rate. Whampoa Docks were placed at 639. Sales were recorded in China Pro- vidents at $5.03 and $5.10 New Engineerings are enquired for at Ts. 8. Shanghai Docks at Tis. 128 and Hongkew Wharves at Tls

215 are nominal.'

204 24

210 12

78

... Ung, 118

39 30 ..... 413 414

84.85

129 181

1001 1001

131 131

$5.87

140 1401

241 245

... 115 116

International Coment... International Combus. Eng. *** International Harvester International Nickel International Printers Ink International Froducts, Com... International TÅL & TEL

Kennecott Copper Kruger & Toll American Tel. &Tel. was sluggish Kreger Grocery... and moved within a narrow range,

Lambert closing at 260, up, while Inter-Liggott & Myer "B national Tel. & Tel., was up if to Ledium Steel 74. The Dow Jones average for 20 Mack Trucks utilities was up..65 to 108,28 Elec-

Missouri Pacific trie Bond & Share gained 14 to Montgomery Ward

Consolidated Copper close at 116. Consolidated Gas of New York Central New York was up 21 to close at Northern Pacific Railway Lands, Hotels and Buildings. 131. Columbis Gas gained, clos- Pacific Lighting Hong Kong and Shanghai-Hotelsing at 85. Standard Gas & Elec-Packard Motor Car after a short period of weakness, tric was up a quarter-point to 126. have again strengthened and were booked up to $12.90. At the close" huyers are offering 812.63. Hong, Kong Lands were dealt in at $729 Realtys have had transactions at $9.70.

Humphreys Estates are quoted $141, nominal. Shanghai Lands were done at Tls. 245..

Gains in Industrials and Rails.

The Dow Jones average for 20

Paramount Famous Leaky Fennsylvania Railroad Fennroad Corporation... Phillips Petroleum Public Service of N. Jorasy Badio Corporation Eeynolda Tobacco "B" Ecars Roebuck... Shell Union Simmons Company.

rails was up 13 to 152.08. Pennayi vania was one of the gainers, closer ing at 821, up, while New York Central was up to 1811. Baltimore & Obio declined to 117. Canadian Preife moved up two points to 212. Erie was up to 163. Southern Pacific gained to close at 1241.

2820

1.180

1437

#

Bents

"H.K. Banks

*******$1,4101

e117

218

Do. (London)... Chartered Banks

Mercantile B

“È

Do

Bank of East Asia... | 9107

$440

$900

Insurances

1899/6

Canton Ins. Underwriters

+3620

$1,55

North Chins

304 30

Union Ins

33 88

M.850 Yangtaze Ina.:

19

19 $365

***

China Fires

$355

.Af

ba

$900

140

H.K. Fires

23 274

Skipping

$23

Douglases

Steamboats

· 95 1

$43

Indos (pref.)

$30

Do (def.)

97/6

50 581

Shell Transports

Water-boat

4

611 621 31

Mining

4548) 491 45

61/3

52 47

91

12 13

113

401

WEQ.

Unq.

721-74

#160

www

129 127

52.63

66.05 35/10] $38

$39

***

***

240

+

36 35

Dag. 34

108 1071

109 110

40

401

83 834

.... 82 Ung.

454487 T.131

...

251

蝦

181 181

90 Ung.

103 103

201 20

Southern California Edison:....

cuthern Pacific Hailway"

Public Utilities-Hong Kong Troms have suddenly come into prominence and a large business has been done at various rutes from 8201 to $224. At the close the mar ket appears to have eased off slight ly and there are sellers at 827 Hong Kong Electrics, were negotiat-hem was off to 105 and Ludlumus America....

ed to a fair extent at $721/73.

The best gain among the average was shown by the industrials, which were up 1.87 to 294.07: U.S. Steel gained 11 to, close at 1011, Bethle.

was up an eighth to 10). American Rolling Mill was off half a point, closing at 911. "American Can gain

Star Ferries have advanced to $78. China Lights were dealt in at 823 and $181 for the old and new shares led to close at 1831. Du Pont

ол gained a quarter, to 140. Westing

house soared 27 to 1984.

respectively. Telephones are offer at $13.

了

General

Standard Gas & Electric standard Oil of Now Jersey. Standard Oil of New York... Terns Corporation Texas Gulf Sulphur Timken Boller Bearing

Union Carbide & Carbon Union Pacifo Railway.....

'72 731

82 824 143 14 30 89

554 57

113 1

་་་

#1/-

$6.70 Benguet

Kailans

T13.60 Langkats (comb) T.3 Do. (single) T130 Exploration........ T5.40 Shanghai Loans

1. Raubs ********

Tronoh Minee

Docks, Wharves,

Godowas, etc.

H.K. & K. Wharts... Providents

H.K. Docks ***

T128 Shanghai Docks ....

New Engineerings

T245 Hongkows

18/3

$152

Fiaai CB1Rt

T160

THE

1188 18

1411

*

Cotton Mill

·T.134

Ewos

T13,15

T13.25. rta,

T.80

Bhai. Ctons (old)...

.1.76

T.76

T9.70

123 318+

Da (new)...

T.10 Zoong Singe

FOREIGN MAILS

PEL

RADIO NOTICES.

The Radio Office, where full information concerning all wire- Jess aervices may be obtained at all times, is situated on the ground floor of the F. & O. Building in Dea Youx Road, next to the General Post Office,

Individuals and firms are recommended to register their tale- graphic address at the Radio Office. No charge is made for this.

FROM

INWARD MAILS.

0.8.A (Battle, Brk April). Canada, JAPAN, SHANGRA & EUROPE via Siberis, (London, 6th April)... BEANGRAT & SWATOW Suangwat & AMOT ...

MANILA

STRAITE

MANILA: AMOT

BATAVIA

JAPAN.A

U.B.A. (San Francisco, 4th April,

Honolulu, JayAN & SHAKOWAL JAPAN

U.S.A. (San Francisco, 11th April),

HONOLULU, JAPAN & SHANGHAI JAPAN & SHANGWAI

U.S.A. (San Francisco, 10th April),

HONOLULU, JAPAN Bad SHANGHA CANADA (Vancouver, BC 17th Apri ),

U.B.A. HonoluLU, JAPAN & SHANGHAI]

Dux.

16h Apr,

Pru. Madison Ship due 25st, 11 p.m.

Bunning

Tiondiari

Empress of Ana

Puikios Maru

Hupak

Pres. Cleveland Bhirala Tiskarang Nellore

Frea Falk

Pres. Pierce Angers

Tuiyo Maru

Easp, of Canada....

OUTWARD MAILS.

REGISTERED and FARCEL 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 p.m. on the previous day.

Fox

stih Apr.

47 h. Apr,

27th Apr.

27th Apr.

18tx Apr.

18th Apr

19th Apr.

86th Apr

80th Apr.

Sad May

Melbourns Maru....

5th May

5th May

6th May

6th

8th May

PER

DATE & TIME

Saturday, goth, Eustoon F.U.

Straits, Ceylon, India, Mauricius, East &

Bouth Africa, Egypt & Earape via Rajputana Marseilles-due Marseilles, 23rd May

Beg. 8.00 A M Lettera: 10:00

Swatow, Foochow & Wel-Ha-Wei

Kaying

Lands, Hotels and Buildings

* G.P.Q.

115 116

$12.66 312.85 12€3

#72)

EK. & S. Hotels

EK. Lands

$12,60

$72

Reg.

9,45

$72},

Letters 10.30 -

594. 621

T.245

Shanghai Lands...

Shanghai & EUROPE vin Siberia

Pembrokeshire

54 543

$8.60

HK Realtys

Parcels

Noon

911 921

$14 Humphreys

$141

Straits and Calcutta

Nam Bang

1.00

23% -24′′

$98

Chinese Estates --*

Haiphong,

G. G. Maurice Long

12.30 P

488 48

Fort Bayard

Wing Lea.

Pabllo Willtios

Amoy

Tean

9.30

3802.

***

... 124 1243

125 126

78 781 36 302

Saigon

Olara Jebien

3.30.1

322

$211

Tramways

$21.75

$22

strasts, Ceylon, India, Me

East

37% 571

874

811.65 Peak Tramm (old)... $11 86,05 Do. (new)... 85

Star Ferries... 672

&Bouth Africa

Fiùme I

4.30 p

Manila

Pres, Madison

4,80 P

82) 62

$29

CLights (old). 823

27th,

Do (new).............. 818. H.K. Electrica

Kueichow...

8.30A

$721

Bangkok via Swatow...

900.AX

Macao do.

8watoir; Amoy & Formosa

Canton Maru

$13

Monday, 28th,

'Boihow, Pakhoi & Haiphong,

Shanghai

Swatow....

Chekiang .... Fushimi Mars Bydrangea

93) A

10.30.

3,00 P

Japan, Canada, U.S.A, C. & S. America

Parcals

3.00

Pres. Cleveland.

1.4.15 pi

Shanghai and *EUROFE▾is Siberia

Pres. Cleveland

$21

15.80/170

811

Boihow

Mapila & Java via Sourabaya

$8.25/40

Swatow, Amoy &: Foochów)

$29

404451

1034 103

33 33j

... 232 232

50 004

eğ 64

"... 1941 196

1182 1201

... 1904 198į 65 651

United Aircraft & Transport... Daited Dry Docks U.S. Rubber C.8. Steel Tatadiam Westinghouse E. & M.... Woolworth

----

Miscellaneous. Green Island Electric went up 23 to close at 93. Cements (Combined) have auctuut-Among the motors Hudson ad- ed between 8154 and 13.90 Dairy vanced quarter-point to close at Farms changed hands at $23, but 32; General Motors was up a quar closed easier with buyers at 823.15.ter to 514 Packard was up to ; JAPAN'S FOREIGN TRADE. A strong demand for Hong Koog Ropes has raised the price to 881 and Chrysler was up to 394.

Anaconda Copper wes off 18 to GRATIFYING REDUCTION VỀ Raubs are to be had at 823. Ben 684 Kreuger & Toll was off an guets are quiet, but steady at 88.70. eighth to 33. Kreger Grocery closed

ADVERSE BALANCE. Kailans are on offer at 61/3,

Cotton MillsEwos were placed eighth to 459. Liggett & Myers at 30. Trans America was up" an at Tls. 13 and Ts. 13.35 and have gained it to close at 110 further buyers at the former quota Corn Products moved up rapidly to tion. Shanghai Cottons are un-close at 1091, a gain of 3 over yes changed.

Rubbers.-The following are the terday Allied Chemical jumped latest cabled quotations received sever points to close at 3411. from Shanghai :----

Anglo-Javas

Anglo-Dutch

Tla.

Lower Call Money. Total sales for the day came to 7.00 Buyers. 5,842,500 shares. Call money, which has been at 4 per cent., moved down to 3 per cent.

4.03

Batu Anams

.70

11

Chemors

1.20

Consolidateds

2.40

Kroewocks i

1,50

Repahs

1.20

Tanah Merahs

1.10

Tebongs

9.00

Ziangbes... 6.60

THE CHINESE. MARKET.

A ROTARIAN'S

VICE.

Mr. Harold Holgate, a Shanghai, rotarjan, addressed the members of the Manchester Rotary Club on the potentialities of China, last month. The population of the country, he said, was computed at about 470,000,000. We ought, not to be obsessed with the ulea, that we were being benten by Japan in the market i spite of what Japan had done. In a country so vast there must be trade in some direc tion or other, and we ought to go on hopefully, doing what we could for the development and progress of the Chindse and their country. The man on the spot should be listened to. We should give him credit for knowing something about- the country and the people. We should not be led away by 'slogans and sentimentality. If two-thirds. of the Chinese people were able each to buy on the Average five. yards more of any ordinary cotton cloth in n wear that would meso a chance for the

De trade of Lancastre equal to 243,000,000. To be able to do that the Chinese would need an increase of only 1 per cent. în their purchasing power. We should therefore do all we could to get China on to a right basic politically and economicall

.......Y.35,083,000 48,012,000

eign trade figures to the middle Tokyo, April 20-Japan's for of April are estimated as follow: Import、... Export Adverse balance 10,929,444 The adverse trade balance from the beginning of the current year to the middle part of April is thus Y.134,852,000 which compared with the corresponding period of the previous year shows a decrease by 1.79,980,000.

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 Messrs. Swan, Culbertson & Fritz, Bangoon House, Shanghai, feable address: "Swanstock," Shanghai), who are not responsible for cable "mutilations:-

New Yors, April 24,

Tone of Market.-Easy. No. of Shares done. Call Money.4 per cent. :

3,500,000.

American Smelting Anaconda Copper Baltimore and Ohio Borg Warner Chrysler Motors City Service Common Curtis Wright Common Eastman Kodak....... Electric Bond and Share

Gold Dust

Hudson Motors

ugulu

85.05 Sandakan Lights...

+14

T.10 T.10 82

$15.60 $115.65/

$8.15

·81/25

$0.80

$27

25

$93.18 $23.40 $0.80

$30

$3

$18

Telephones

China Buses

Tractions

-Do. (pref.)

Industriala

Caldbeck (ord)

Macgregor (pref.)

Canton Ices

Cements (comb.) $16.60

Do

(old)

Do. (how)... $41 Eopes

megperens China Sugara......... Maisbon Bugars

For

United Asbestos...

Miscellaneous

Dairy Farms

Dar A. Wings... Amusement

$1.30 | Constructions

Lane Crawfords...), $3. Mackintoabseinri

DUHU

Kwangiung Titsondari

Haiching

%

Beg. EUROPE via Visteria, B.C.,

dne Vietaris B.C., 18th May

Straita, Ceylon, India, Mauritius, E. & B.

Africa, Egypt & EUROPE is Mar Calchas seiller due Mazzeilles, 30th May

Shanghal, Japan, Canada, U.8.A., C. &B-Amerion & EUROPE via Yan- couver, B.C.due Vancouver, B.C 17th May, & Europe via Siberia

Letters.5,00 RM

JiBeg. -5.00 ℗ M

Letters 6,00

Tuesday, 29th,

9.801

10.30 AM

1.00 Rowlvon P.U.

Beg 1.00 PX Lettera 1.00 F

G.P.O

Reg.1.45 Letters 2.31 ex Parcela || 5.00 x W

Empress of dria}|Wednesday, 30th,

Bog 9.15M etters: 10.00 a Wednesday, 30th,

830 A 191 PM 3.30

5.00-m

Thursday, 1st. Letter

$23.35

$30

$31

$1,20

Nanyang Tobacco...

$4

$19

Sincere (old)........ 811

Do. (new) $10.40

Buston... Sardakar

Amoy

FOR

$10.00

32.85

W. Powells. 82)

63*/ 8%

B.. Ind. G.B Bonds... 63%

H.K. Gort Loan $107

$10.60 Watsons

LOCAL AND REGULAR OUTWARD MAILS.

Last Dividend.

Latest Sales,

Canton

Shanghai, Japan, Honolula, USA, Canada Central & South America, and EUROPE via San Francisco dae San Francisco, 22nd May and *EUROPE ris Siberia

Hahow & Bangkok Japan

Manila, Sandakan. Australia (ezsept Places South of Townsville) & "New Zealand is Thursday laland-due Thursday Island, 17th May Bwatow, Amoy and Foochow

Hopsang

Hinsany

Tanan

steg.

Asama Maru

8.80. A'M

Bangkok

Bintang

MAY Thoradsy 1st, Moon

Shanghai...

Taming

WEEK DAYS,

SUNDAYS & HOLIDAYS

Friday, Rod,

FOR

FROM G.P.O.

· Fo HKEUNGWAN BRANCH P.O.),

From G.P.0,

FROM |SHTUNGWAN

BRANCHL

Chinhua Heiyo Mars

8.80 M 10:30 AM

Nallőre á

Noon

P.O..

2.80

(('7.15 a.z. &] | 7.30 .. 16.00 pho 17.00 p.m.

¿7:15 am. &) (7.30 am, &

4,00 pm

Haigang

7.00 p

Sundays.

Bunday

1:00 Saturday, 3rd,

L5 pm, only

7.00 p only

Amay

Manila

Kingysan

Prea, Polk

5.00

5.00

(7.15 am. &)'( 7.80 aims. 1.1.15 p.. 1 LBG P.

(7.15 am & 1730 xin, &

1:38 p Eundays 8.15 am.

Bunday, 45,-

180 DE

(only ***

8.30 Lonly

Bwatow, Foochow Wei Hai Wei,.. *Bwalow & Bangkok

Haichow

8.30.

fondar

6th

Q.p.m.

600 p

6.00 pm.

Manila, Australia and New Zeward, vis

Brisbane due Brisbane, 19th. May

7:26 m/ 9,60 H * 8.00 #2)

Tden:JAT.

Kowloon P.01:

{{loster:

100216

11.0 m.

$21.00 am.

Macão à Taínska

39

Nong

246

60

None.

Kigmoon (except Saturdays) 2.0p.m. Kankeng (except Saturdays)...

Fatahan (By Train)

LIWO

Tai Po

Shuichun

7.15.

9.00 KM, 4

1100 M.TO.

18.00 p.m (9.00 m2].

18.00pm (12.30 p.m.

4.30p.m. Eaterdays

2.00 pm. &

Erie Railroad

General Motors ......

General Ry. Signal

Goodyear Tire and Rubber Granby Consolidated

International Cement.

International Nickel

Montgomery Ward 1.

berdeen

8.30m

8.30 x

Seara Rosbuck & Co. Simmons Co

Nono 21D

1.00 pm

100 pizz

Fing

8.00 pm,

"Standard Oil Co. of New York

1.80

Ución: Carbide and Carbo:

2.80

4.30 p.m

U.S. Rubber,

None.

Novada Codsolidated Radio Corpor

-United States Steel

Sheangshui Balkung magul

Hamtan, Bhakki. (Fainin), w

bylon, India, dié auİLİBİ

Fast and forth Afrion, Aden,

Egypt & BUROPE is Marseill due Mireilles, 7th June

Melbourds Naru Letters 5.00

蓝

Emp, of Ounada..

3.30.3.

7,00 pa

aperscribed

respondenca, only