1930-06-05 — Page 12

12

Money and Markets

HONG KONG TRADE.

EXCHANGE SLUMP STOPS

BUSINESS.

The following reports are taken from the fortnightly eirentar of the Hong Kong General Chamber of Commerce; ---*

Oction Piece Goods and Fancy Cotton Goods.

The following reports have been received:The slump in exchange has ffectively put an end to any hope of new business for the present. Prior to the drop some fair lies found their way to the books in- cluding Poplius (Plain and Fancy) Black Venetians and Art Silk Limbrics More would unquestion-: thly have been done had exchange- net showed such headlong decline. Mid. Am. Cotton was quoted 8.95d. "Spot" on the 20th instant and Eg. Enkel. 13.85d.

Another report statee:-Enquiry for Spring, cargo, for December and January was developing at the be ginning of the period under review and some business has been settled. in Art Silk and Cotton "fabrics. Owing to the further fall in ex-i change, enquiries for Brocades,

Limbrics and Poplins, etc., have been held in abeyance and orders are not likely to be negotiated until the exchange situation becomes more stable.

Manchester prices are steady, but concessions could probably be obtained, if any important business comes forward. Clearances have been fair and local prices for Staples are alightly firmer. Prices for Japanese cargo remain weak.

IMPORTS-PRICESTM

CURRENT.

supplied by Importers, and the Chambor The reperts and prices are published'as cannot accept responsibility for the accuracy thereof.

Motala.

Local Stocks beary. Prices a little down. 29/3/30 Market stronger, upward tendency owing to sxchange.

IBON AND STEE}---

QUOTATIONA. Continental $6.50 5.80

Steel Hail Buda... per picul Steel Bara

15

Angles Beds

Joista

J

Sheets

Platea

Swedish Bars

Small round rode Hoops, black steel

galvanized

· HONG KONG › DAILY PRESS, THURSDAY, JUNE 5,

1930.

|DAILY SHARE QUOTATIONS

BRITISH TRADE.

WORST MONTH FOR FOUR YEARS.

"HONG KONG STOCK

EXCHANGE.

SHAREBROKERS

ASSOCIATION.

BLACK MARK AGAINST APRIL

Вади

Bellary Bains Hemlasi

WEDNESDAY. JUNE 4.

Bayses Balmen

Bales Nominal

SOME EXPORTS DOWN BY 50 PER CENT,

British exports during the month | $1,535 of April were lower than for any ponth since May, 1926, when the general strike took place. With the exception of that month April's exports were the lowest since July,

$120

!!!!!!

12 11 1⠀

FOREIGN

MALS

RADIO NOTICE:

Individuala and firms are recommended to registar their tele- graphic address at the Radio Office. - No charge is made for this.

INWARD MAILS.

GRANGHAI and BWATOW

SHANGHAI and Axor

$9.80

STRAITS

T160

STB4113

STRATE

$60

U.S.A, HONOLUld, Jaran and SHANG

FROM

Prz

ܠܵܐ

יו

Banks

STRAITS

HK. Banks

$1,525)

2113

Do. (London) ...

£17| Chartered Banks ...

£29

Mercantile Bka, “A'

£171 £99

1st JATAN

...

EUROPA VIA SUEZ (Letters and papers, London, Bu May, and parcels,

May)...

Talma

Karmala

5. Juze

Sib June

As

Sydney Maru

5th June

Khidu

6th June

£12)

Do.

£134

Bank of East Asia...... || $120

***

U... CASADA, Japan and SHANGHAI (Seattle, 17th May) an› EUROPE▾» Siberia (London, 1 th May)

Pres. Grant

8th Juno

Insuranosa

Titlabost "re Sunning

8th Jane

Jane

1091.

5,80

8930

Canton Insurance.

3000

Thandari

Sth

June

BES

9.80 8.80

18.0J

6.30

This is the outstanding feature 5,40 of the Board of Trade Returns.

Owing to a simultaneous sharp fall is imports, April this year, shows a slightly less adverse trade balance than April last These are the details:

Y

$3.15

Underwriters

$2.75 83

Shirala

9th

June

T.180

North Chinas

9th

June

3477

$180

Union Insurandos .......

$480

9 June

M.$50

Yangtzo Insurances

$400

China Firea

€380

Hat (San Francisco 17th, May)

914 Jand

$958

H.K. Fires...

$950.

year.

Shipping

April, 1930. April, 1999.

£ Imports 83,922,401 104,198,731 Exporta ****... 3-4,703,310

70,020,833

$23

Douglases........

$23

MANILA

AUSTRALIA and Manila'

JAPAN BRANDHAI ...

MANILA

SITE

1

Juge

$26

Steamboata

$25!

I'

$43

Indos (pref.)

$43

$40

Do. (def

810

95/-

Shell Transports

983

$33

Water-boata............

***

$331

Mining

$72

Benquets..

41/3 Kailans

54/- T13.10

Do. (single)

TV

T1.30 T.8

Explorations......

T1.25

Shanghai Loans

T5,60

Raube

$343

唱

21/-

Tronoh Mines

21/.

Advérse

3

8.00 15.00 Black Tabes ....Discount 71% e, & f. Galy, Tubes

61% Wire Nails, 1-3

9.00 ... per picul Galvanized corrugated shte.,

24/20

... per 100 lbs. 24 G$9.00 Galvanized flat sheets, 1/327,

1/87

per 100 lb. 28 $10.00 Galvanized 8/82x4'x9' por lb.

$14.95

balance... 29,916,882 33,507,878 Galvanized wize 18jz par pieni 18.76

The whole of the Easter holidays LEAD:~

British, B., Spot

came in April this year, whereas por pical $15.80 To arrive

Inst year, when Easter Monday Australian-B.H.P., Spot "

16,00 fell on April only part of the "To "'

18.00 holidays were within the month. TIN PLATES:-

But the fall in trade is much greater than can be accounted for by the per Loz 13.00 loss of one working day.

***

*

English LCW., 50" x 14",

100 lbs. Spot English ICW, To arrivu English 1.C.W, 1837 × 147,

110 lbs. Spot English ICW, To a RITIVO

10.30

14.10

14,00

14.20

Continental American I.C.W. (Spot) 20" x 14"

100 iba.; 112 sheets per box...No stuck American L.W. To arrive 207x147

100 lbs., 11 sheets per box 316.50

Petroleum Products,

British ...per case 36.78

War Ross BRAND COMET BRAND Cocx EAGLE BRAND

ม

TER

Halved.

In every main classification of the returas the exports of British produce and manufactures show a decrease. These are outstanding instances among raw materials:

Amount exported Drop from April, 1930. April, 1929.

£.

T13.10 Langkata (comb.).

Docks, WharreS,

Godowns, etc.

H.K. & K. Wharfs... Providents

Hongkows

3178 851

$6.60 54.55

$101 1133

H.K. Docks

Shanghai Docks

1.8

New Engineerings

3,098,737 470.624 279,916 138,413

*

T286

167,139

***

463,257

Cotton Hills

232,170

125,438

T13.40 T13.70)

Ewos

1.86

S'hal. C'tens (old)...

Do.

(дая)...

T.10

Zoong Sings

were

0.59 Coni 5.33 Wool 2 tinr 5.20 Oils, seeds, etc. ... per bulk 50 Hides and skins SoCONY MOTOR GASOLINE... per caau 7.00 SILVER LIGHT

5:59 Thus, with the exception of coal, Crown BranD c81bs. per 3 tina 6.20

these exports

more thad i. galls. 88 lbr. per bulk 460 halved in amount. CROSS BLAND

71 Ibs, per 2 tine 41 Bi, galle. 71 lbs. per balk 4.34 per tine 6.1v SHELL MOTOR EFINIT

per case 7.00 por tins 8.75 per bulk 125

Another report states:-Some business has been arranged in G Poplins and Faney Cottons for December-January shipment, but otherwise the market is quiet. Business is exceedingly hard to ar range owing to the steadily falling Yts Foo exchange with margins becoming wider every day. Clearances have fallen off considerably. Manchester ralues show little change. -

Woollens.

There is nothing new to report as regards new business, except that some small orders have been settled on Wool and Union Striped Finn- nels. A fair amount of

spot" cargo is changing hands and con- soquently woollens have gured to some extent in recent clearances."

The wages dispute in Yorkshire is likely to have some effect on de liveries, but, the stoppage is not on auch a large conle as appeared like- ty, and an early settlement may be arrived at between "the employers and operatives.

I

COMPANY REPORT.

ti

PEAK TRAMWAYS DIVIDEND.

Subject to confirmation by share- holders, the profits for the year ended April . 1999, amounting to $41,484.35. together with the amount brought forward from last year $13,615.47., making a total of $55,009.72, will be allocated as fol- tows:-

Pay a dividend of 8 per cent. on 23,000 shares fully paid up

$20,000.00

Pay a dividend of 8 per cent. on 50,000 shares $5 paid up

G... 20,000.00 And carry forward to

next account

15,099.72

$55,099.72

HAPPY TAX PAYERS.

£1,000-A-YEAR MEN IN U.S. WHO

"PAY ONLY £3,

Americans are" astounded at the Fincome tax charges their British cousins must meet, and thankful for their own more fortunate state. :

It is pointed out, for instance, "ther & married man in the United States with an earned income of £1,000 a year pays only" G.86.02 (£1--- 28. Ad) to the Federal Government, plus-it he lives in New York-22 to the Government of the state, whereas the unfortu hate Britan under Mr. Snowden's Budget pays clone on £105.

Some newspapers comment that it behover the favoured inhabitants of this, country to refrain from be coming more boastful and intolerant.

forbearance and international part- nerships,

In the long run,” an American paper says, "we do not profit on other nation's burdens. Perhaps that is to be the twentieth century's biggest lesson for the civilised

SCALX

TEXACO MOTOR SPINIT.

KAIPING-No. 1 Lamp

Nut Coal

No. 2 Lamp

Nu Black

No. 2 Black"...

"Flour Maxxzz: Quiet and weak. QUOTATIONS:

American Patent par sack $435-4.00

Straight Cut off Australian No. 1

#

The following are some striking, instances in decline in exports of British manufactured goods:

Amount exported Drop from April, 1930. April,1829.

1,030,953

536,903 goods D33,449 .228,441

Leather goods... 471,933 122,170

Lands, Hotels and Bulidings

HK. & S. Hotels

⠀⠀

10th June

10th Jone

13th Jus

14th June

Empress of datɑ........

16th June

16th June

Shinyo Maru

18th June

Jaras and Sxa. Omat ·

Kitano Maru

Toyohashi Maru

Tatula Maris

Prei, Jeferson

Stalbana

...Sado Maru

U.S.A.; BorotuLL, JAPAN AND SHANG-

HAI (San Francisco, 16th May) CANADA, USA., JAPAN and Sasural

(Vancouver, BC, 29th May) U.S.A. BONOLULU, JAPAN nad SHANGHAI)

(ban Francisco, 23rd May) ... USOLULU, Jaras and 8BANG-

HAI (San Francisco, 24th May)

Tenyo Maru Cremer

Fushimi Karu

Pres. Johnson

Fros. Lincoln

OUTWARD MAILS.

"

- Sela Jine

10th June

REGISTERED and PARCEL MAILS are closed 15 minutes earlier than the time given below unless otherwise stated, and where mails are advertiand to close at or before 9 a.m. registered and parcel mails are closed at 5 p.m. on the previous day.

$179

$5.60 $5.85

Struis

T.132

T8.00

[9]

11 !!

$19.65

8371

$101

H.K. Realtys

*******--- $17.10

Do.

? !!!!!

FOR

T13.60

-T.83

*Switow, Amoy and Fermosa

Fort Bayard

410

Straits, East Africa via Mombasa, South Africa vs Lourenco Marque, and *Bouth American Porta Sabow

Manila, Australia (except Place North

of Townsville) aid New Animad vis Brisbana-dua Hrisbane 19th June

PIR

DATE and TIME

Thursday, 5th,

Fan Houtra "Loli Muru

10.00 AM 10,30 AM

2aiioona ܂1

Wakuo MarIA

2.50 FX

Bydrangea

3.00 as

Sydney Haru...Beg

Lottery

5.00 r

T,94

T.101

Bangkok...

**

Amoy +44

Vingchin

Nui Sang...

5,10 r 5,00 P

Friday,

6th,

10.30 AM"

Parcels

Noon

hum Sang

Lolis a

1. Z

***

Manila, candakan, Australia and New. Zealand via Thursday Isand uue Thursday Istand, and June... Haiphong Manila

Parcels

Noon

Fanda

Keg.

1.45 px

Lectors

2.20

***

Dayton Tenyo Maru

LOU EM

24

Has Ning...

Shanghai, Japan an! *EUROPE via Siberia Farmalu...

Straits and Calentin

Tramways $20 $20.70 $20.63 Peak Trams (old). $124

(new)... $8

Star Ferries 861

C. Light (old)...........

Do. (new)...

H.K. Electrica

Sandakan Lights ....

Telephones.....OCÁNY

China Buses sea...

Tractions 6B

Hwatow, Amoy ani koochów

Straits, Ceylon, India, Mauratina, Ei and S. Africa, Aden, Egypt and EUBOra via Marellidae Marees, 6th July

Manila Amoy

H

Macao do.

E

1

***

12

per gallon (ex pump) 0.76.

por case 5.50 #15.39

1.385

忠

S

J

per gal, ex pump 0,75 Ooals. QUOTATIONS. $15.00

7.00

Iron and steel"

goods

$12.84 $861

$10,90

887

HK. Lands

Shanghai Lands

317

$17.20

***

Humphreys

4,924,352 1,023,403

598

Chinese Estates

Non-ferrous.

goods

Public Utilities

Electrical

16.00

13,00

Machinery 3,861,488

289,934 820:40

8201

10.90

Cotton goods

10 10

Woollens

... 7,513,670 4,218,262

567,467

815)

**

880,353

86.10

Silks

144,615

50,353

Other textiles... 1,448,343

632.776

Apparel...........

$23

,638,669 296,705

$831 $83

30-3.70

823

Vehicles (includ-

3,35-3,70

810

3.00-4.25

905,369

317 #17 818 1.19

10/-

18/0

Do. (pret).....

Industrials

T10.70

$18

T.11 824 18/404

$12

$8.00

31

827

***

Canadian Cut of" ́... Straight...

STOCK:

카

..Mixture ...

Znd Clear...

American..

Canadian... Australian...

Sundries. WINDÓW ULAAS

Fair average sizes

1/16 thick

A

1,20-3,30 3,15-0.25 2.96 186

500,000 bags *vu,xou 20,000

π

ing ships and aircraft)

******* 4,002,184 In vehicles are included motor- cars, the exports of which show an increase amounting to £536,218 for the month, or £32,819 more than for April last year.

Whereas the total export of British manufactured goods shows 720,000 bags fall of £10,449,075, our imports of foreign manufactures have declined by only £4,540,380,

...per box:7.00 18.50

China, India and Straits Produce. BUVAR

Raw Materials,

It is in imports of raw materiala for industries that the hearicst falls are shown, notably in cotton and wool:"

Drop from April, 1930 April, 1923.

Cotton

3,253,259 .4,500,433

די.

£

3,109,574 4,002,933

(#96) | 826) |$26}}}|

31 3294 $1.90

$3.70

Jaya Bongh White...per picals.93-7.33 (Heparted alex 66,030 pictls. Spot.) Java dough White...per picul $7.18-7,28 Heported sales 16,076 picus. June!

July/Aug. Bhipment from Java) Java Fine White ... per pícul 37.66-7.90 | Wool

Reported anlas 826 pícula. Spot.) Jara Hough Brown...per picul 6.88-7 18

(Beported salos 24,065 picals, Sput.) Java Bough Brown...per picul 6.73-8factures are in electrical goods, of SIEL

(Reported salen 3,346 picula, June

Shipment from Java) Java Molasses per picul 6.33-5.09 (Reported aules 13,922 picula, pot

Two outstanding instances of in- $18 ereases in imports of foreign manu-

which we bought £480,815, an in- ercase of £2,555, and in machinery. of which we took £1,698,584, an in- crease of £124,029.

AMERICAN STOCK QUOTATIONS.

LATEST WALL STREETPRICES.

The following quotations have been received from their cor respondents, Mesara. Hayden, Stone & Co., of New York, by Mesara Swan, Culbertson & Fritz, Sassoon, House, Shanghai, (cable address: Swanstock," Shanghai), who are not responsible for cable mutilations

Tone of Market. Easy." No. of Shares done.-1,750,000. Call Money-3 per cent

American Smelting Anaconda Copper Baltimore and Ohio Borg Warner... Continental Oil ... City Service Common Curtis Wright Common Eastman. Kodak Electric Bond and Share Erie Railroad ..... General Motors

General Ry. Signal Gold Dust

Goodyear Tire and Rubber Granby Consolidated

Hudson Motora.......

Do

$17

$281

8244

47

$8.75

***

199

**

Manila and Jara via Bourabaya Ewatow, Amoy and Foodbow...

**

Khica

2000 FM

2.00

30 PM

Kowicom-P.U. arcals Aug., 7th,8.00 a m Letters, 1.0) & X

G.2.0. Par, 6tb, 6.00 em Bg7th, 9.45 M Letters 10.30 AM

Saturday, 7th,

4,30 510 PM

Eth,

Prea. Grant Kwriyang...

Sunday,

#

900

11.15 AM

Noon

Tuesday,

Tisondori ...Hatching...

1:00 PM

Antenor

Caldbeck, (ord)

Macgregor (pref.}} Canton ices********* Cements (comb.).

(old)...

Da.. (new).... Ropes ********

Chins Sugars.......... Malabon Bugars

United Asbestos

Miscellaneous

Dairy Farms Der A. Wings....... Amusemente.... Constructions

$1.90

444

Lane Crawfords. ... Mackintosha... Nanyang Tobacco... Sinceres (old)........... 9124

(now)....$12

Do

Watsons ............ 115

$181 $181/4 $12

Bangkok via Swatow...

Watow, Amoy and Formosa

Shanghai, Japan, Canada, U.S.A., C. and 8. "Ameries' and *EUROPE via Vio- toria, BQ-dne Vistoria, BC, 27th Juno and "EUROPE via Sibéria

dardakar

Snator

Amoy

241

Kalgan Uanton Mars

Monday

9th,

Proa. Jefferson... Parcels 1100 AM

Leiters

Chip Bhing

Tenyo Maru

10th,

9:30 AM

9.50

Beg. 6.00 FM Thursday, 12th, `- Letters

H.K. Get Loan ... $109)

$3,60

328

$13

$1.85 60*

Wm. Powella .........

2)

B. Ind. G.8 Bonds...]

prem

LOCAL AND REGULAR OUTWARD MAILS,

WEEK DAYS.

SUNDAYS & HOLIDAYS

FOR

Frox

FEAM G.P.O.

From SUNUNGWAN BRANCH P.O.

FROM G.2.0.

| SALUNGWAN BRANCH

ƒ7.15 am, & 16.00 p

7.30 am. 17.00 p

NEW YORK, June 3, 1930.

Last Dividend.

Latest

Canton

Baler.

79

50

119

38

Macao & Trinahan

(.7.15 am. &§ § 7,80 x.m.--

1.15 p.za.

1,80 p

300, A None.

BB

Kongmson (except Saturdays)). 6.00 pm. Kaukong (except Saturday")-

·6,00 Piz 6.00 pm.

None.

Fatahan (By Train)

7.15 s.m

Tai O

Tal Po

Shamolma

International Cement ........

Radio Corp.

Montgomery Ward-

Nevada Consolidated Copper...

#

None

Bears Roebuck & Co.

Simmons Co.,

BE

Standard Oil Co. of New York

1.80

Union Carbide and Carbon,

2.60

U.B. Rubber

None.

United States-Eteel

-170-

7.00 p.m. Bundsys

Lonly

Straits, Ceylon, India, Mauritius, E. and 8. Afrios, Egypt and EUROPE via Mar- meilles-ane Mareilles, 9th July

Swatow & Foochow

.:Kavarisang

Making Teman

bhanghai, Japan, Honolulu, DRA;}

Canada, Central and South America, and *EUROPE via Ban Francisco- dos San Francisco, 4th July and

EUROPE via Siberis

Rothow, Pakkei and Haiphong

Bwstow, Amoy and Foschow

Biraits, Ceylon, India, Mauritius, East and -

South African, Aden, Egypt -ad/ KUROPE vis Marseilles-düe Mar. meilles 14th July ̈*

Kowloon P. 0.

Bog.

4.20 X

Letters 4.3 x G.P.O. Reg. 6.00 Y= Letters 6.00 P

6.00.2 M

Wednesday, 11th,

1.80

8.30AM

Konchow

Thursday, 12th,

8.30

Friday, 13th,

Fushimi Maru

∙1.00 Kowloon P.0. Beg. 4.30 Lottora

ara

Beg.

430...

5,00 PM

Letters 6.00 7 3.

9.00 am. (9.00 10. 2.00. p.m. 19.00 0.5

9.00 p.m. 12.30 pa

200 pion &

4.30 pm.

8.30 am,

PO.

[7.15 am. & (7.30 am, é ̧

5.00 p

Bundays

(5pm, only | 7.00 p.m.

1,80 p.ttle Sunda

(7.15 am. dl (7,30 mm. &“

-1.15 p.

Bundays 8.15 am, Lonly

8.00 p

7.15 a.. 9,00 TL 0.00 am

11.03:

(11.00

8.30 .. Lonly

6,00 pun.

6,00 p.to

Manila

Tuesday, 17th,

Empress of Asia.

3.30 PM

Superscribed" correspondence" only.

WHEN YOU ARE DUE FOR LEAVE

Send a Chit to 11, Ice

House Street,

order the Hongkong Weekly Press

to be sent to you

Three months

$3.75

8.30 9.02.

Six months

$7.50

1.00 p.m.

1.00 putthe-

Auto

Ping Shallo, Sant

Ban

-8.00p

10.50

Twelve months

$15.00

4,80 p.m.

4,30 p..

Aberdeen

Stanley

Sheungaku

Balkong Namtao, Shekki á:

(Fanán).