1930-05-10 — Page 11

and Markets

Money and

HONG KONG SHARES.

BENJAMIN & POTTS' WEEKLY REPORT,

Messrs. Benjamin and Petts, local share and general brokers, in their wackly share report dated yesterday

state:

•

"The local market continues active

THE HONG KONG DAILY PRESS SATURDAY, MAY 10, 1930.

Options-Double 4.3. Single DAILY SHARE QUOTATIONS.

£2.6.

Onening. Closing. Cash

£67 (nom) £39 · Three Months £6113

£35.17.8 Turnover for the week 6.823 tons. February March American statistics. Tons.. Tons. Buyers. Production

121,000 127,000 Exports 30,000 31,000 Domestic deliveries . 82,000",-74,000 Refined Stocks ..... 233,000 256,000 Blister Stocks 203,000 207,000 port under date London, AprilLead has been quiet, the tendency

METAL MARKETS.

Messrs. Rudolf Wolf & Co. re-

17:

Marketa have displayed an ensier tendency and prices are all lower as compared with our last report, The Budget which was presented on Monday, inflicting a further burden on the already harassed tax- payer and making at the same time in all departments and shows ano, provision whatever for those rising tendency. During the past economies which are so definitely week there has been a further ex- cential to the present situation, pansion of business and price gen- did not inspire confidence; on the erally show an appreciable improve contrary much dissatisfaction was

The ease in the money felt. market continues, and the outlook is very encouraging.

ment.

has been easier and prices are 6/3d. to 7/8d. lower as compared with last Friday. The market presents no fresh, festure of importance; domand on the part of consumers is disappointing, both in this coun try and on the Continent, and sup plies are more than ample to meet all requirements. Reports from America moreover, where domestic demand has given some evidence of slackening, are at the moment not too reassuring, and the weaker tendency there has had a depressing influence on the London market.

Options-Double £1.10. Single

15/

Tin, after a weak opening, has Banks.-Hong Kong and Shanghai remained comparatively steady but, Banks were booked at the outset at failing to recover, the price shows

a decline of £2.10 for cash and April 81,410, but subsequently dropped to 31,300, in sympathy with the for three months as compared decline in London rate to £113 with Friday's close.. Sales in (Middle). At the close the market the East during the wrek amounted to 1,100 tons; shipments thenes up has recovered somewhat and buyer to the 14th instant were 4,105 tons, prevail at 81,405 with a sale re and for the month are still estimat ported at 81,410.

June July

Opening: Closing.

£18.13.9 £18.6.3 £18.13.9 £18.6.3 £18.13.9 £19.0.3 £18.15.0 £18.7.8 Turnover for the week 1,050 tona. Spelter has been easier, the price.

little

ed at 9,500 to 10,000 tons, Pre-showing a decline of 7/68 to 3/9d. Marine and Fire Insurances-miums on Straite and Banka are as compared with our last report Unions rose to $473 but have since quoted at £2 and 6 respectively. The market presents no material been sold at: $465. Cantons have Business with consumers both in change; trade demand is quiet and strengthened and were placed at this country and on the Continent buyers on the whole have not dis- 2000. Hong Kong Fires were realis has been quiet, and only very played a very active interest, but ed again at 8000. China Fires are moderate business is reported from at the same time there has been no still in requent at $385, while China America, where buyers have per real pressure to sell, for to-day's Underwriters are firmer at $1.60...

haps been disturbed by develop-level leaves little possibility of fur- Shipping.-Waterboats showments in the Copper situation. The ther important decline and therefore further rise and are in demand at market on the whole presents a does not offer much incentive to 220).

Canton and rather stendier appearance and for sellers. Hong Kong, Macao Steamboats are a shade the moment at any rate gives little Reports from the Continent are lower with no buyers over $95. evidence of developing further quiet and apart from a Douglas Steamships remain steady weakness, for the possibilities aris-liquidation and selling from time ing out of a restricted output, and to time, holders are for the most at $220.

Docks, Wharves and Godowns. the hope of a gradually improving part content to wait for an im- "Kowloon Wharves have taken a consumption, exercise a restraining proving demand. The market in further spurt and a large business influence on sellers. Confidence may America remains quiet, but the was transacted at rapidly advancing now be gradually restored, and imtrend of prices has been in a down- * rates up to $172. China Providents proving sentiment may bring aboutward direction.

were bid up to 88.15. Whampoa moderate advance in price..

Options-Double £14, Single £7. Dacks are to be had at $38. Hong- kew Wharves were negotiated at

Opening Closing, April

£18.02.6 £17.16.3 the improved price of Tls: 230 and Cash

£163

£165

May £18.00 £18: 0.0 continue in

Shanghai Three months request.

£167 £18r.3 June ............... £18.11.3 £18.03.0 Docks have hardened and can be

Turnover for the week 1,800 tons. July £18.16.3 £18.08.3 placed at TIs. 135. New Engineer-

Turnover for the week 2,600 tons. Copper has seen at the price ings are enquired for at Tis. 9.

showing a heavy decline of £8.10 for cash and £7.1.0 for three months The American statistics published on Monday were distinct- ly unfavourable, showing a further

109

SHAREBROKERS ASSOCIATION.

HONG KONG STOCK EXCHANGE.

FRIDAY, MAY 9.

Engers Ball

“

1.100

$25+

$291

Ballara

$1,410

HH!

111111

D

10111

#****

Baniz

FK Bants

Do. (London)** Chartered Banks Mercantile B's "A"

THE

#

FOREIGN MAILS

RADIO NOTICES.

The Radio Ofoe, where full information concerning all wire- less services may be obtained at all times, is situated on the ground floor of the P. & O. Building in Des Voeux Road, next to the General Post Office.

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

The Parvel Pest Service to Kwangai with the exception of that to Wu- chow, Kwallin and Pinglo, is suspended until further notice.

INWARD MAILS.

FROM

PXB

USA (Scattle, 11th April); CANADA,) Japan, Nhanghai ✯ KUBOPE vĩn

Siberia (Landos, 20th April)....... SHANGHAI SWATOW

STRAITS

AMOT & SHANDBAL

$1,400

£113

MA

£17)

£18

230

£12

Do.

£15

Bank of East Asia... $112

Insurances

3805

Canton Ins. $975 Underwritara

$1.60

North Chins

T160

$470

M.350 Yangtze. Ins..

China Fires

order

$355

$900

H.K. Fires

3900

MANILA

STRAITS

Shipping

AUSTRALIA & Manua

$931 Douglases

331

Jaban & SELKOMAI

Steamboats

$26

JAPAN -

$13

Indoa (pref).

歌曲官

$40

Do. (dof.)....

***

90/-

Shell Transporta ...

Water-boate

$261

$475 Union Ins. *******

$4,30

38,9

.T.S

T280

||

Options-Double £2, Single £1.

Opening, Closing.

T13.40

T79

T.78

Mining

Banquets....

Kailang

T1a10, Langkata (comb.)...

T.7 Do. (single) T1.15 Explorations..

T6.66 Shanghai Loans

Rauba

Tronoh Mines

Docks, waarvES,

Godowns, etc.

$213

144

2004

**

31/-

SULUH

#

Tur

T.14

BATAVIA

Thikarang Frex Pierce

Alipore

Duz

10th May Pres. Jaction (Ship due 9th, 6 pm.

Suschurn ... Talamba

10th May

11th May

11th May

19th May

yibadak

18th May

Taiping

18th Mar

Falcond Mor

16th Maz

Kaya Haru

19th May

Pros. Taft

19th May

Olickibu Maru

20th May

U.B.A. (San - Francisco, 15th April),"

Honolulu, Japan &" SHANGHAL

U.S.A. (San Francisco, 16th April),

HONOLULU, JAYAN & SHANGHAI

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 5 p.m. on the previous day.

For

PER

DATE & TIME

Africa, Aden, Egypt & EUROPE vin|| Kaiħgar Marsoilindus Marsailles, 7th June)

Saturday, 10th,

8,90 & M *Kowloon 1.0.

9.00 AM

Bog

Letters ·10:00 A M

.G.P.O..

Bog 9.45 AM Letters 10.30

9.00 AM -10.00

10.00 AM

8171)

6

T.135

172/91 $8.10 6/6.15 $33

HK. & K Wharfa... $171)| Providente

H.F. Docks

Shanghai Dooks....

3172/1 „$5,95 || $6,10;|| 6,8 ID]

T.129

Hoihow, Pakhal & Haiphong

Aunch

Straits, Ceylon, India, Maurities, E. & S.

New Engineering

T8.05

***

Hongkews ......

Calcutta' via Straita

Dotton Milla

Ewa".

T.13 x rights

... Taklison Shanghai, Japan & EUROPE via Siberia Anive Тарад

Tyndareus

Shai. Ctons (old).

Do. (new)..

T.76

Samahni & Wuchow

Kochot

4.00 x

176

T9.70

Shanghai, Japan, Hoeciula and "San");

Francisco-duo Saz Francisco, 4th Jaso & KURUPE via Siberia

fog.

415 PM

Taiyo Maru

Letters

8.10 PM.

Manila

Lands, Hotels and' Buildings

Amoy

Pres. Jackson Anting

4.30 P N

5.10 M

$13

$771 T.965

$77/8

H.K. & S. Hotels H.K Lands

$13.10 $13.20

Sunday, 11th,

*Swalow & Foochaw.

Chip Shing

Shanghai Lands

AFTERMATH OF S.M.C.-

"MAY 30 GRANT-

811

H.K. Realtys

314,20

Humphreys

$77

370.00 $14.

3771

Swatow, Amoy & Formosa'

9.00 & 1

0.00 a

B10.70

Bangkok via BwaLow ...

9.00 M

$98

Chinese Betates

10.30

.300 r.

Farther reactions of the pay- Council of the grant of $150,000 to ment by the Shanghai Municipal the relatives of the victims of the incident of May 30, 1925, are re- ported in the Chinese press, where it is stated that a lawsuit is now being brought over the question of distribution of funds.

T10 Zoong Sings

$20.30

$114

8111

26.05

$70

$792/0

$272 $21.90

76

823

8135

1.19

This action, it is said, is being brought in the Shanghai Special District Court by one Loo Wen- laung, stated by the China Times to be a coolie of the Moon Palace cafe, against Woo Zang-sung, Chairman of the Association of Relatives of the May 30 Victims, $16.10.

811 for having misappropriated a sund of $1,760 to which plaintiff claims ho is entitled by the death of his brother, Loo Wen Chao..

Lands Hotels and Buildings Hong Kong and Shanghai Hotels changed hands at $12.70 to $13.25. the market closing with sellers at the higher quotation. Hong Kong substantial increase of 23,000, tous Lands were active and finished up in the stocks, but the feature of the with buyers at $78. Humphreys week was the drastic cut in the ACTION IN SHANGHAI COURT. Estates are higher and are in de-price of the Copper Exporters' mand at 8141 ex the dividend of 8 Association, which was reduced on cents just paid. Recitys have had Tuesday in New York from 18,30 smurt rise to 811. Shanghai Lands cents to 15.30 cents c.i.f. Continent have advanced to Tis: 270.

Rumours of an impending reduc Public Utilities.-Hong Kong tion were current earlier in the Trams after weakness have again week, and the price of Standard strengthened; sales taking place at bad already appreciably fallen, so Szoi. Hong Kong Electrica were that Wednesday's market was not booked at various rates up to 878). as it would otherwise have been, Star Ferries have been dealt in be and the further decline amounted tween 970 and 880. A large busi-to only 24.15 to Es, the market re ness took place in Chinn Lights and ceiving an active measure of sup. further improvement in price has port by reason of the bear covering "been established, sales having taken which took place. The prices of place up to 827) for the Old and Electriolytic and Standard bear ses for the New shares Telephones now a more reasonable comparison, Peak Tramslut so far it is difficult to determine advanced to 813). (Old) fetched 2111.

what effect the action of the Asso- Miscellaneous Green Island Ceciation will have on the future of ments (Combined) were sold down the market, whether it will produce to 916 10 but there are buyers at on active buying movement on the the close at $101. Dairy Farms part of the trade, or will consumers have further advanced from 24 to await the course of events? It $26.15 with sules at intermediate seems not unlikely that the redue rates. Hong Kong Ropes have tion has been delayed too long to firmed up to $8.60, Lane, Craw-produce immediate response on the ford's were put through at the en- part of buyers; and some time must hanced quotation of 34. There are elapse before the statistical position buyers of Hong Kong Amusements reflects the improvement which the at 829 and Constructions at $1.40. lower price is calculated to bring Hong Kong Government Loan about. A recovery in the price of changed hands at 7 per cent. pre- Electrolytic can scarcely be con- mium Bengucts are enquired for templated, and therefore sustained nt 80.80. Kailans have announced a advance in the price of Standard distribution of bonus shares (£1 scenis unlikely. ench) in the proportion of 2 new shares" for every 5 old. For this New Issue, the sum of £500,000, being undistributed profits and reserve of the Company, will be capitalised. The shares are now quoted ex rights, the London price. being £1.18.0.

Cotton Mills.-Ewes have harden- ed and are enquired for at Tla. 13). Shanghai Cottons closed appreciably higher at Tls. 70 and 78 for the Old and New shares.

Rabbers. The following are Intent rabled quotations recen from Shanghai.

Anglo-J

Anglo-Latch

Batu Anamns

$20

Public Utilities

Tramways

Peak Trams (old)... $11

Do. (new)... $5

Star Ferries

C. Lights (old)...

Do, (low)..... H.K. Electrics Macao do:

Sandakan Lights... Telephones

China Buses int Tractions,

Do. (pre).....

Industriala

320.20

880

muung

S

Hakotaki Bydrangea

Pres. Purce

Shanghai Sabow Japao, “Canada, #*U.SA, *C&*S:America”

EUROPE via Vioteris, BC,- due Viororia B.O., 31st May ...

Shanglaï & RUROPE vis Siberia

Manila

swatow, Amoy and Foochow

Australia (except placer North of Brie- bane), and New Zealand via ringapore and Bristanede Brisbane, 3r June Saigon

Straits, Cuylon, India, Mauritius, E. & §.,

Africa, Egypt & EUROPE via Mar- seilies--due Mazzefilos, 11th June

Clanton Maru Kalgan..."

Tarang

Patroclus connecting with

8.4 Views tol and at S'pore.. Olara' Jebien

Monday, 12th,

Parcels

Bang

3.00 M LibPM

Letters 3.00 P MÌ

Beg 5.00.2 M Letters 6.00 P

Tuesday, 13th,

Beg. Le term

1030 X

4.30 Kowloon P.O.

Reg.

Letter

4,30 :

4.30 PX

1. G.R.O

.5.00 PL Letters 6.00 PM

***

1

T10.70

Caldbeck, ́1(ord.).

2.11

Macgregor (prof.)

$2

Canton Ices

Cementa (comb.)... $18

Do (old)...

341

Do. (new)...)

$8.65

Ropes

$9.40

$1

China Sugars........

$27

Malabon Sugars

United Asbestos

Miscellanebus

$26 $0.80

$25

$26.20 $26.10

Dairy Farms.... Der A. Wings

$254

$26

$291

Siralte & Calcutta Sandakan

$1,40

21.20

$3.86

$12

E

It is alleged that the Association, having received the compassionate 85 grant from the Shanghai Municipal. Council, distributed 82,000 each to the relatives of the deceased and 8500 cach to the wounded, but that Woo Zang-sung paid only 8240 to Loo Wen-zung, saying that his deceased brother was entitled to 8500 only and that from this $19 amount $280 had to be deducted for expenses incurred by the Associa

tion..

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, Bassoon House, Shanghai, (cable address: "Swanstock," Shanghai), who are not responsible for cable mutilations:-

Tone-of-Market-Irregular

No. of Shares done.-3,500,000.

"Call" Money.-3 per cent.

Buy.

..Tls...

4.00

0.70

American Smelting

Chemors

1.15

Consolidateds...

70

Kroewocks...

1.65

Repahs

1.10

Tanah Meraha ..........

1.10)

Tebongs

1.90

Zinngbes

0.50

Exchange.-The T.T. rate on Lon-

don is 1/5.6-186 and on Shanghai 78). Forward Settlement Days.-May 27 and June 24..

Tourists may soon rent rooms in the famous old Habsburg castle the Villa Wartholz, nt the foot of the Rax mountain Vichia THIS beautiful 'imperial: homo has just been rented, and will soon be open- ed as a pension, Karl, the last Austrian Kaiser, puce lived in the -Wartholz." Otto, his eldest son- new called "Emperor""" among the Habsburg imperialists was born in the imperial villa:

Anaconda Copper ............. Baltimore and Ohio' Borg Warner .............. Chrysler Motors ..... City Service Common

68. 8%

prem

NEW YORK,

Last Dividend.

Latest Sales.

Canton

00

Amusementese Constractions

Lane Crawfords... Mackintosha.....

Nanyang Tobacco...

Sinceres (old)................. 811

Do.. (new) 810.40 Watsons .................... 8114 $23*

$114 82.85 Wm. Powella.....................

B. Ind. G. Bonds...] 857. H.K. Govt. Loan ... $104

LOCAL AND REGULAR OUTWARD MAILS,

WEEK DAYS,

SUNDAYS & HOLIDAYS

FOR

FROM

FROM

驚心话

SINUNGWÀN

G.P.O.

BRANCH PO

0.2.0.

FROM

BRUUNGWA

BRANDE

"P.O.

Handaya

7:00 pm. only

1.30 LE

8.901.11.

only 6:00p.m.

·6.00 patt

Patroclus

Ohakeang Kwenyang.. Tanas

Bosang Hansong

Strait, Caylon, India, Mauritira, E. &

South Africa, Aden, Egypt a BUROPE via Maranfiles-dne žar. selles, 16th June

Hakone Moru...

Euisang

Bwatow Hoindw Amoy

Shanghai, Japan, Canada. 9A, C

-&-, America & aŁUROPE via Van.

courer, "B.C.-due Vancouver, BC,{ 30th May. Europ- via Siberia

Amoy

Manila, Australia and New Zelând via Thursdayland- due Thursday Laland, Sirt May

Manila Australia and New Zea'and vin)

W.doorday,

15th 8.30

10.3

8.3J P.

Parcels 500 Emp. of Canada Thursday, 15th,

9.15 M elters: 10,00 R

Thursday, 15th,

Thursday Island - du Thursday Kaga Maru Laland, 2nd June-

**Superscribed" correspondenca, onty.

Parcela Noon

Letters

1.30 M

Friday, 16th,

Kowloon P.O Beg. 4.30 M Letters 4.80.2

G.P.Q.

5.00,

Rog Letters 6.00

Monday, 19th, Parcals 5.00 é ú Beg,201,3.45 K Letters 10.30AM-

Tuesday, 20th

Reg. 8.45

Letters 9.20.

(7.16 m. &3 7,30 a,in, 16.00 pm. 17.00 pm.

77.15 am. 4), (7,30 %, &

5.00 p.m. 17.00 p.in. Sundays (6 p.m. only

f7.18 am, &) (7.30 μm;

1.15 p.. Sundays 8210

only 6,00p.m.

BEFORE YOU

FORGET

Send your Overseas Address to 11, le House Street, and order the Weekly Preks to be sent to you for

Three Months

Six Months

9.00 A.

$.00

11.02

$11,00a.m.

Macao & Trinatan

ƒ/7.16 am, &$7,80 2.12.

1.15 pm.

11.30 FM

30c:

Curtis Wright Common

None

Kot gmoon (except Saturdays)

·6.00 p.m.

6.00p.m.

Eastman Kodak ...................

8B

Kankang (except Satur

6,00 p.m.

Electric Bond and Share an

80

Eric Railroad

Ione.

Fatsban (By Train)

7.15.

7.15.

General Motora...

Tai O

9,00 s

General Ry. Bignal......

{& 4:30 pm).

None

Aberdeen Stanley..

4.30 p.m. 8.80 $0.

8.30 ..

1.00 pm

2)D

Autan Pingshan, Santin

at

Shatin, ; Slaterkok - and

Standard Oil Co. of New York

1,60

Shapingabul

Union Carbide, and Carbor

2.60

Saltung...

4:30 pm

1.00 pm,

$10,500

4,30 pm

Namian, Shakki & Taipiz

7.00 p

U.S. Rubber die

None

United States Steel

Gold Dustcoining Goodyear Tire and Rubber Granby Consolidated. Hudson Motors International Cement International Nickel Montgomery Ward-w Nevada Consolidated Radio Corps Sears Roebuck & Co. Simmons Co

(Fumun)

9,00 ... 8,00 p

0.00 Am.

8.00p.m.

12.30 p.m. &.4.30 Saturdays $1.00 p

Twelve Months

3.75

$7.50

$15.00