1930-05-28 — Page 12

12

Money

and Markets

COLONY'S DOLLAR. NEW YORK

CHINESE CHAMBER'S

VIEWS.

--

UNLIMITED INFLUX CAUSES

ANXIETY,

THE HONG KONG DAILY PRESS, WEDNESDAY, MAY 28, 1930.

Hadson Motors...

International Cemost

DAILY SHARE QUOTATIONS.

67

International Combastion Eng.

01

International Harvester

International Nickel

10101

32 331

International Printers Ink

...Mati. 47

HONG KONG STOCK EXCHANGE.

SHAREBROKERS

ASSOCIATION.

International Products Com, ...

InternationalTel, & Tel.

821 811

1051 103

Bayers

Sakura

Seler Nomina!

TUESDAY. MAY 27.

Days-Bas

Balus

Nominal

Johns Manville... Kannecott Copper

STOCKonger & Toll

EXCHANGE.

Kroger Grocery...

Lambert

Liggett & Myers "E

Ludlum Steel

MARKET IRREGULAR AND Missouri Pacils

NERVOUS

US, STEEL AFFECTED BY BEARISH REVIEW.

(UNITED PRESS.] ·

Mack Trucki

Montgomery Ward

401 331 sai

33 394

95 95 173 174 43 66

77% 78% 13 13 387 38

GAM

TOU!

T160

$60

FOREIGN MAILS

RADIO NOTICE...

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

INWARD MAILS.

(JAPAN & SHANGHAI I JAPAN

ELO

¡U.S.A. (San Francisco, fad May},

BUROK Jafa✨ & SHANGHAI

NISAPATAM(Letters & Papers

London 1st May)

PER

Du...

99

108 1071

Banks

33 241

ไ

70

82 $1,450

$1,450

F.K. Banks

$1,460

£113

Do. (London)

201 20

£17

Chartered Banka

178-176

£20

Mercantile Bks. “A'

£18 £30

FROM

82 83

£19]

$110

Do. Bank of East Asia........] 9119

"0"

SHANGHAI & Sw.tow

Insurances

Sinking...

28th May

U.S.A. (an Francisco, 3rd May),

896) Canton Issarances... $640

111 110

$3.15

Underwriters

$9.00

48 49

1.160

North China....................

HONOLULU, JAPAN and SHANOKAL and|| Tongo Muru EUROPE TIA DER A (London, 8th May); SANDAKAN

18th May

...Tiltong...

29 h May

The

LONDON Pyrosia 94th Air, & STRATE

...Hictur

Suth May

52 53

$100

$480

Union Insurances... $480

Suwa Miru

M.$60

Yangters Insurances.

3 va, May

་་

hicago Mara

3lat Mar

217 218

$400

China Fires

$400

371 301

$930

H.K. Fires

$930

...Prea. Harrison

-31st May

122 122;

Shipping

Jeypore

31st May

114 1131

70 731

MANILA

$29

Douglases..

Pres. Mokinisy

1. Jene

MANILA

387 331

$26

Steamboata

3251

Σπιρο

9, of Russia...

las Juna

$7 671

SAN FRANCISCO (9th May), HoXCLULO

$43

Indos (pref.)

350

50 69

$10

Do. (def.), close

880

JAPAN SHANGHA

2ad June

JAPAN & SHA: QUAL

3rd he

68,0

431 431

Sball Transporta

JAPAK

104 June

... Unq. 81

Water-boata...

#331

4th June

T-

229 232

Sydney, Maru

734 704

Mining

441 43

"Tres. Grant

|

United Gas & Improvement ... United Dry Docks

442 433

37

St.

Unq.

41/3

231

270168

113 111

172) Unq.

621 61.

523

21/

Nevada Consolidated Coppet... New York Cantral Northern Pacifo Railway Pacifio Lighting Packard Motor Car Paramount Famous Lasky The following letter from the.

Pennsylvania Kailroad... Chamber of Commerce to the mem-

Fennroad Corporation... New York, May 21.-At the open-

Phillips Petroleum bers of the Currency Committee

Public Service of N. Jersey was read at the monthly meeting of ing, of the New York Stock Ex-Radio Corporation the Chamber held yesterday. It change to-day the tone was firmer, Reynolds Tobacco "E" gives the Chamber's view to the and active, following the sharp Saurs Rooback effect that the continued importa-rally of the last half-hour of yester-Shell tion of silver dollars into the Colony day, says the daily review of the in deplored and points cut the hard- ¦ Dow Jones Financial News Agency. ship inflicted on the smaller traders as a result of this unchecked influx of silver dollars. The letter is as followa:-

Dear Sirs,-I am directed to Three thousand shares of Radio nelse for the, information of Corp, were sold at the opening at Your Committer trauslations of 149. 8. Steel opened quiet at 169) two letters which this Chamber and American Tel. & Tel, opened has received from the Firewood at 2431. Dealers Guild and the Fresh Fish Guild on the subject of the loss suffered by their members as a direct result of the discount on,

silver dollars.

The turnover was slightly heavier to-day, totalling 2,079,400 shares for the full day's trading, but issues were generally higher.

Losses by Most Groups,

to 933; Ludlum gained 11 to close at 34 American Rolling Mill closed off to 798; and American Waterworks closed off a point to 100.

|

Simmons Company... Southern California Edison... Standard Oas & Electric Southern Pacific Railway Standard Oil of New Jersey Standard Oil of New York

Texas Corporation

Texas Gul Sulphur

Timken Roller Bearing Trans America

Union Carbide & Carbon

Union Pacific Railway...

United Aircraft & Transport .... United Corporation

U.S. Rubber

Vanadium

Westinghouse S. & M.... Woolworth

The market was irregular "and nervous. All groups suffered losses, ranging from fractions to as high.. Steel as 20 points on some of the speciala. "The entire commercial com- A bearish steel review affected munity of the Colony is at pre-U.S. Steel, which closed down seut suffering from the effects of to 158), and ather stocks followed this discount, the smaller traders, the decline. Bethlehem closed down: such as bawkera, feeling the effect most.

So long as there is no means of preventing the importa tion of silver dollars into the Colony, there seeins be no way of removing the present disparity between the value of banknotes and that of silver dollars. We have been informed that even the banks refuse to receive aitver dollars from people who have ac

ounts with them, and this bas aggravated the situation.

This Charaber understands that wane banks in Hong Kong are continually importing silver dollars into the Colony and that shipments are booked forward as far ahead as September next. We view this situation with consider able anxiety and sincerely trust that your committee may be able

tre devise incans to put a check on this undesirable influx."

1

TRADE WITH CHINA.

AMERICAN VIEWS.

[UNITED PRE35.] +

Early in the session many of the groups grew, firmer, owing to the strength of yesterday's closing when there had been a short covering rally.

Rails were temporarily in de mand, and the Dow Jones average. for 20 rails was, up .91 to 114.90.. Erie was up to 47j. Pennsylvania was up a point to 781 New York Central held at 176. Northern Pacife was up a point to 831. Canadian Pacific likewise gained a point to clase at 908. Union Pacific was up 21 to $32.

The Copper Group... The copper group weakened upon the anaouacement that Calumet Arizona's dividend had been re- duced to G.82 against the previous dividend rate of G.86. Anaconda closed off to 381. Kennécott was up half a point to 40. Nevada Consolidated was off a quarter to 20. Calumet & Hecla wasting quarter to 191. American Smelting was off a quarter to 603.

Utilities declined slowly, and the Dow Jones average was off 42 to 99.31 for 20 selected igenes. Ameri Los Angeles, May 21.-Addres- ran Tel. & Tel held at 2444; but sing the seventeenth Foreign Trade International Tel. & Tel, was off Convention here to-day, Mr. J. J. 61. Electric Bond & Share Donovan, Bellingham Lumberman, dropped to 08. Radio Corp. held dealt with the great growth of at 463. Consolidated Gas was down Pacific trade during the past few 1 point to 124; Columbia Gas rose 4 to 831; and Standard Gas was off

to 113).

years.

With reference to China, specifi- enlly, the speaker said that extra- territoriality should not be relin- uished for years to come. He de clared that when the War Lords stopped fighting "long enough to

Industrial Average Lower, # The Dow Jones average for 30 industrials, was off 1.38 to 235.52. General Motors was down i to 491; Chrysler was, off half a point to 34; Hudson was off half a point to ference, foreign financiers may pos14; and Packard was off to 17. sibly obtain money for some.com- structive purpose.

Eree on

commission for a con

Otherwise, he added, "there is little chance for better business or

mare commerce with China,"

The Philippines, Referring to the Pilippiacs, Mr. Donovan said:--

"Complete, severance from Unit- States control is not advisable either for the Americans or for the Filipinos, for ethical and material reasons. Both parties would lose heavily."

Japanese in the United States. Turning to the subject of Japan, Mr. Donovan urged that American

PASSENGERS

||

Arrivals.

from

Per " 8.3. Bremerhaven Rabaul on May 23:—Mr. W: A. C. Kauth, Mr. C. Foster, Mr. G. H. Horn, Mr. A. Wee, Mrs. Lastina A. Wee, Miss Yong Mui, Mr. Lew Pow, Mr. Lee Chee, Mrs. Quan Thu, Mr. Wan, See, Master Ah On, T Master Leo Ching.

PRINCE LINE.

NOTICE TO CONSIGNEES.

THOM NEW YORK.

"J

\EE T. 8.

TRE

· "ILYAL PRINCE " having arrived from the above Port, on 27th instant, Consignees of Cargo are hereby informed that their Goods are being landed at their risk into the Godowns of the Hong Kong and Kowloon Wharf and Godown Company, Limited, Kowloon, and stored at Consignees' risk and expense.

All brokan, chafed, and damaged Gooda are to be left in the Godowns, where they will be examined on Monday, 2nd

19.0.

All Claims must be presented within Ib Days of the Vessel's arrival here, after which date they cannot be re- cognized.

No Claime will be admitted after the Goods have left the Godown's, and all Goode remaining undelivered after the 3rd June, 1930, will be subject to Rent

by

No Fire Insurance has been affected. Bills of Lading will be countersigned

FURNESS (FAR EAST), LTE, 2nd Floor, King' Building, Connaught Road,

Telephone 23155. Hong Kong, 27th May, 1830. (9476-

HAMBURG-AMERIKA "LINIE.

NOTICE TO CONSIGNEES.

Mack Truck declined half a point.THE Motor Vessel to 694 Estman Kodak was off to 37. General Electric was off a point to 79. American Can was off half a point 1411.

Call money held at 3 per cent.

QUOTATIONS.

ERMLAND having arrived, Consignees of Cargo are hereby notified that their Goods are being landed and placed at their risk in the Hong Kong & Kowloon Wharf & Godown Company's godowns at Kowloon, where Delivery can be obtained as the Goods are landed.

!!*!*!

Benqueta......... Kailans

T1310 Langkats (comb.) ...

Do. (single)

T1.15 Exploration.......... T5.65 Shanghai Loans

Raubs

54/-

T.14

41.9

::::

Tronoh Mines

Docks, Wharvės,

Godowns, sto

HK. & K. Wharfs... $1784

8178 10

Providents

$8.00

$401

H.K. Docks

+

T.133

Shanghai Docks

1.8

New Engineerings

18.30

$270

Hongkes

::::

Cotton Mills

410

T.137

EvoS

T13.60

1.86

S'hai. C'tons (old)... T.85"

T.:0

Zoong Sings T.101

Do (new)... T.84

Lands, Hotels and

Buildings

HK & S. Hotels...$12.70 HK. Lands

414

19/3

841

**

JAPAN

SATILE (171 May), Canada, JAPAN

SHANGHAI

AUSTRALIA & MANILA

Pres. Jeferson

Gen. Metingar aleasa Mar landa

bih June

8th June

9th June

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.

DATE & TIME

Wednesday, 28th,

8.30AM 11.00 A

130 r

•

Manila

Fox

Hwalow, "Amoy & Foochow

Haiphong

Sardakan

Shanghai

Amoy

$12.

$12.85

******* $844

T.285 $290

$10.90 $10.00 3101

$18) 508

Shanghai Lands

H.K. Besitysm Humphreys

8182

3121 $85

Chinese Estates

Public Utilities

$11

Eubew, Pakhoi wad *Hsiphong Amoy shanghai, Japan, Honolulu,

USA,

Unnada, Central & South Americs, and EUROPE ria San Francisco due San Francisco, 19th June and "EUROPE via Siberia.

Japan and Victoria, B.C.dus V ctoria

"B.C., 24th Jona... Swatom

PER

Royal Prixes Has Ning...

Vanton

Hind... Domodocus.

1,30.

2,80 r

4*

380 r =

29th,

8.80

Tumor

Thared

Chengtu Tisulari

8.30A*

Reg.

·9.45 AM

Chichibu Maru Letters 10.30 ▲

Pretoriusa Hydrangea

10.30 & M 3.60 PX

Lunychow

3.50 x -

Friday,

30th,

Paroel Noon

Fuensang Hatching.

Lettera 1,00 p

*Straits, Ceylon, India, Mauritius, E. &

Bouth Africa, Adon, Egypt ani, *UROPE vik Varmviales-die Mar- seilies, 30th June

Beg,

Buwa Muru

G.P.U.

Bez,

5,00 IN

TH

Letters

B.CO E M

Uhung Kong

5.00 IM

Tonrang...

Bincloons P.0.

$20.40 3201

BII? 88,10

Tramways

$20.30 $20.40) $20.40)

+

Peak Trams (old)... $19

Shanghai

385

Do. (new)... $61 Star Ferries

885

8231

$281/60

C.

Lights (old)...... 284

523

Do.

Calcutts via Stralis

3791

781/79

$79

823

$14

T.1911

14+

18/6

$10.65

85

#261-1 #27

(new).... $23F H.K. Electrics....... *19+ Macao do.

Sandakan Lights...

Telephones...

China Buses.

**********

Tractions B19.

Do. (pref.)......

814

Macgregor)(pref.)

Comenta (comb.)... $16.35 316:30

Ropes

China Sugars

Malabon Sugar

MiscellaneonE

$21

$11

11 201

$29

Swatow, Amoy Fooshow

*

***

J

1.40 FK

Kowloon X.U.

4.30 &

4.90 a

Straits, Ceylon, India, Mauritius, Elit&

outh Africa, Egypt & Europe vis¦¦ Khyber, Marseilles du« Marseilles, 29th Jane)

Straita, Ceylon, India, Maarit us, East

trica vis Mombasa, & #South Africa || Chicago Mars via Lourenco Marquen... Manila...

4.20 PM

Parcel Bag,31st, 9.00 AM

||Lottery 19.00 a 1

0.1.0. far,30th, 5x0'?» Kog,,31st, 9.45 an | Letters, 10.30 an

Saturday, 31st, 1

5.00 r

5.00 x — JUNE Sunday," "let,

9.0JAN 9:00 AM

+

Industrials

T10.70

Caldbeck, (or)

T.11.

***

$3,

Canton Ices

$16.60 $11.10

tee

Do (old)...

***

Do. (new)...

104

$8.00

39

$9

827

United Asbestos ...

Pres. Harrison

Dairy Farma...

$263

31

Der A. Wing....

Stoł

Amusements..

$291

Foochow & Wo;-Hai-Woi va Swałow Bangkok vis Swatow

$1.80

Canstructions

81.70

Bww, Amoy & Yermoss

Huichow Kwangchine Jozun Maru

J

9.00 A

$3.70 231

Lane Crawfords "...

$3

$18

Mackintosh

Nauyang Tobarca...

84

***

... 142 141;

802 701

781 721

No Claims will be admitted after the Goodia have left the Godowns, and all Goods remaining undelivered after the 3rd June, 1930, will be subject to Rent

All broken, chafed and damaged. Goods are to be left in the Godowns, where they 91% will be examined on 2nd June, 1930,

$12

$12)

$12.40

Do. Watsons

(new)

*Japan Honolulu, "Csuada. *0.8.A.; #C. & }

3.America & EUROPE via San Fran cisco-due San Francisco, 25th June

Pres, McKinley

Reg.

Prae, Mc Kinley

68

prem.

at 10 am by our Surveyors, Mears, Goddard and Douglas.

... 110 109

504 598

4141

113 115

96

New York, May 12. Markot irregular. Basiness done: 2,579,400 shares.

May 20 21

301 30 Adams Expresspr.

301 32 Allied Chemical & Dye... American Can. ... American & Foreign Power American Bolling Mill... American Smelting American Tel, & Tol. ...

*

American Waterworks... Anaconda Coppor

Chambers of Commerce should peti-American Tobacco B tion Congress to permit the im- migration of Japanese into the Un- *ited States,

was

that

The situation under the present law, he pointed out, little change had been effected from The situation prevailing under the former "Gentlemen's Agreement," but the complete legal disbarment had aroused ill-feeling on the part of the Japanese and caused hurt

Atlantic Rafining.

Haltimore & Ohio

Bethlehem Steel Borg. Wartor Calumet & Hecia Canadian Pacific Railway Chesapeake Corporation Chicago Rock Triand Chrysler

Cities Service Common Colambis Gas & Electric

pride, with no corresponding good. Columbia Graphaphone effect for the United States.

EXCHANGE-RATES. JOLITISH WIRELESS SERVICE}

Paris New York

Brussels

RUGBY, May 20.

123.84

4.85 13/10

Commercial Solvente

..."244

214 244 262 201

34120

19 191

207 208.

... 674 691

... Ung. 1141

36 347

341 25

881 sat ...271 27

... 301 801 Commonwealth & Southern 177 173 Commonwealth & 8. Wam... Ja

6-

Consolidated Gas of N. Y. ... 125 124 Continental O

***2628

Cora Products ...

Curtis Wright Commen

Davison Chemical

Du Pont de Nemours ...

Eastman Kodar

Electric Bond & Share...

Eric Railway

Fox Film'"&"

General Electric

**

General Food, N.

General Motors

General Ballway Signal –

103 101

11

... 844 34 ... 128 128! ... 241+ 28T

991 984

Optional Cargo will be landed, unless Notice has been given prior to Vessel'a amiral

All Claims must reach us before the 17th June, 1980, or they will not be recognized.

No Insurance will be effected.

Bills of Lading will be countersigned

by the Undersigned.

JEBSEN & CO.,

Agents. Hong Kong, 27th May, 1930. (9474

THE BAST ASIATIC CO., LTD., «COPENHAGEN,

THE

having

Motor Vessel

#DANMARK”.

tired, Consignees of Cargo are hereby informed that all Goods are landed and placed at their risk the bazardous and/or extra hazardons Godowns of the Hong Kong and Kowloon What and Godown Co., Ltd., where Delivery can be obtained as soon as the Gooda azu landed.

No Claims will be admitted after 50494. ...80k 70! the Goods have left the Godawns, and ...08.

all Goods remaining undelivered after 68 509 the 3rd June, 1930, 4pm., will be 8393 subject to Bent.

34.81

Geneva

25.12

Amsterdam

12.08

Milan

02.75

Berlin

*20.36

Stockholm

18.10

Gold Deat

Goodrich Rubber

Copenhazen

18.104

Goodyear T

Tire & Eubber

Vienne

34.45

Great Northern Certificates...

Prague

1637

Helsingfors

183

Madrid

28.847"

Lisbon

108.28

Bombay

"Atheas

Shanghai

Bucharest

Rio

218 25:55/04

Hong Kong

Yokohama

4215/16

Buenos Aires

(Continued at foot of next column).

"Silver""(#5ot)"

Silver (froward):

44: 431

40

All broken, chafed and damaged Goods

40 are to be left in the Godown, where 63 821 they will be examined by Messrs. Ander

88 971 st 10 m

-1/5 25/32

1/0 1/5

2/0.27/32

181

18 3/10

All Claims against the Vessel must be presented to the Undersigned before the 7th Jane, 1939, or they will not be recognised

No Fire Inearance will be affected," Bills of Lading will be countersigned by JOEN MANNERS & CO, LTD.,

Agente

Hong Kong, 27th May 1930. [9477

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

..... 8:21

8111 $13.40

$3.85 Wm. Powells.........

B. Ind. G. Bonds... 68% HK. Gryt, Loan... #108

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 Mesara Swan, Culbertson & Fritz, Sassoon House, Shanghai, (cable address: "Swanstock," Shangbai), who are not responsible for cable" mutilations:

"Tone of Market-Steady."

No. of Shares 'done-2,500,000.

Call Money-a per cent."

American Smelting Anaconda Copper Baltimore and Ohio Borg Warner. Continental Ou City Service Common

NEW YORK, "May 6, 1930.

Last Dividend.

Curtis Wright Commen Eastman Kodak

None 80

Electrio Bond and Share

Noné,

General Motors

Erie Railroad

General Ry, Signal.

Gold Dust.......................... Goodyear Tire and Rubber- Granby Consolidated Hudson Motors. -international Lament

International Nickel- Montgomery Ward.

Nevada Consolidated. Radio Corp

Seara Roebuck & Co. Simmons Co.

Standard Oil Co. of New York

Union Carbide and Car

U.B. Bubber

United States Stee]·

-1.60

Shanghai and EUROPE Hs Siberis

-migou, #3trails, Caylon, India, Maurītizą,

*Eset and "Bouth Africa, Aden,{| Qual. Motxingor Egypt & EUROPE vis Marseilles— sino Marreitos, 5th Ju'y

Shanghai, Japan, Canada, U.8.A.. C à B. America' & 'EUKUPE via Yan- couver, B.0,dus Vancouver, B.O., Sisi June and Eprops via Biberis —ship sails 6 s.m', 4th June Manila

swalow, Amoy and Foochow

Smalow

Latest

-Sales.

60

114

27

35

ཊ ཎ བྷ ཎ ཥ d ཌ བྷ ནཱ ད ལ གྷ ཕ མ ཞིག ཏི

Emp, of Bunia

Pris, Jen Huiyang

Kuonyeong

Mouday, 2nd, rarcels 3.00 PM.

ttora 5.00

Lattere

5,10 600 2

Tuesday, Bril, Kowloon P.O. Reg. 10.30 AX Leitora 10.30

4.P.0.

itag 11.15 M Letters Noon

Pauels 11:00 M Rega 11.15 Letters

**

-Noon

Nooa

Noon

Wednesday, 4th,

5.30

Thursday, 8th,

Wakasa Maru

281rx

Bydney Mari... Sui Sang

Beg

Letters

4.15 P 5.00

Friday,

6th,

Parces

Noon.com

Zanda

Tenyo Maru

Bog... 1.40 P

Bog, 7th,9.00 AM Letters 10.00 AM

Straits, East Africa via Mombara, South Africa via Lourenco Marques, and *South American Ports

Manila, Australia (ezoopt Places North of Townsville) and New Zealand via Brisbane ne Brisbane 19th June Amoy

Manila, Bandakan, Australia and New Zealand, vis Thursday · Laland - duỡ Thursday Island, 22nd June.

Straits, Ceylon, ludia, Mauritius, E. & S.,

Afries, Aden, Egypt & EUROPE vĨN Khiva

Par, 6th, 5,00'L′′x Beg, 75, 9.45 A Etuers 10,80 A

Saturday, 7th,

Manila

Missing.

Pru. Grant

ndent

Letters 2.30-1 X-

12,00 M Kowloon F.O. Parcels 180 y

· 4.30-

む