12
Money
and Markets
THE SHARE AND REAL ESTATE
BROKERS' SOCIETY.
WEEKLY REPORT OF SHARE MARKET.
The market, as is usually the case after a holiday, is likely to open slowly. With abundance of funds seeking investment, we are hopeful that this week we shall see signs of business going ahead. We base this forecast on the assumption that eru of cheap we are in for an
money. Money is cheap and looks like remaining cheap, but its fundi. mental cause is due to industrial
new
were
HONG KONG DAILY PRESS, THURSDAY, JULY 3, 1930.
THE SILK MARKET IN NEW YORK.
LOWEST LEVEL SINCE WAR.
[UNITED PRESS.].
New York, June 26-An accumu-
lation of selling orders to-day caus
DAILY SHARE QUOTATIONS
HONG KONG STOCK EXCHANGE.
ed raw silk prices to break from $1,530 three to 15 points, to the lowest.
levels since the World War.
This break followed a similar de- cline in prices at Kobe and Yoko- hama.
SHAREBROKERS
ASSOCIATION.
Sellare ¦ Salem Nomin
Nominal
TUESDAY. JULY 2,
Buyers Sellers
Bales Namini
BARKS
111114.
$940
H.K. Banks
FOREIGN MAILS
RADIO NOTICE.
Individuals and firms are recommended to register thair tele graphic address at the Radio Uffice. No charge is made for this.
INWARD MAILS.
*******$1,325
FROM
**PER'
Doz
£104
Do. (London) .......
£16 Chartered Banks
£99
Mercantile Bks. "A"
JAPAN...
Tjiliwong...
3rd July
EL
Do.
£121
Bank of East Asia... $117
Insurances
JAYAM ***
Eurors via Surz (Letters and papers,
London, 5th June, and parcela, 29th || Kalyan May)
Srd July
Shirala
3rd July
Canton Insurances..
$960
CANADA, U.S.A, HONOLULU, JAPAN and SHANGHAI (Vancouver, B.C.,19th June)
Emp. of Canada...
3rd July
$9.90
Underwriters
$2.75
not
..1.100!
441
North China
T160
and Ernors via SIBERIA (Londoa
June)
-
$450
Union Insurances ........
3450
$60
NOTICE TO CONSIGNEES -
UOBAN STEAMSHIP CO., LTD.-
$400
China Fire
$400
$960
HANDRAL and]
Sibe is (London, 14th June) ...
U.S.A. VANADA Jatay, and ShangHALL
(Seattle, 14th Jons)
BUROPE)
•
formala
4th July
Prez, Pierce
4th July
Shanghai and SwaTOW
Shantung.
5th July
JAVA
Tylsarosa...
5th July
Shipping
**
CALCUTTA, and STRAIT
Fean Song
8th July
$24
Douglases
324
MANIA
Pres, Madison
7th July
**
Steamboats
Australia and MANILA
Nellore
7th July
143
Indos (pref)
343
STRAITS
Uremar
8th July
Do. (def.)
CANADA, U.S. A., JAPAN and Shanghai)
95/ $3
Shell Transports
59/3
(Vancouver, B.C., 6th June)...
Emy, of Russia |
14th July
Water-boată
U.S.A., Boxoculo, Canada, Japan and SHANGHAT (San Fransisco, 20th June
Prea. Jackson
14th July
| PROVIDENTS. Displayed
weaker tendency. Prices moved up from $5.40 sellers to 832 buyers for the first few days, and became easier CONSIGNEE NOTICES with sellers $5.40 at the close. The
issues proposed favourably received.
DAIRY FARMS-Are eminently suitable for permanent investnient purposes for all classes of investors. Buyers and sales at $257.
ELECTRICS.-Lost most of their recent bouyaney, "and closed with. sellers at 380. Although the pre depression, and is not a sound basissent price abowa a small yield, the for stock-market share value appre-possibility of capital appreciation ciation. Cliccts must not forget is great. that speculation makes a direct ap- peat to the strongest instinct of human nature. Though banks in terest is lowered, we must not for get that the bankers' function has always been that of providing short term credits, and not to lock up for considerable their resources periods in what are known as frozen credits." We do not wish to see low bank-rate to, créate a
TRAMWAYS.-Continued firm. At the close it Buyers have raised the rate from: $30.20 to $20.60. wokened to 320.40 sellers and sales. Even in the blackest days of June, 1923, holders had no great for uneasiness, which cm-
shares phasizes that these eminently suitable for all casses of investors for permanent lock-up investments.
c2080
arc
HOTELS-Clused the week with ittle change in the general tone, stock market boom which has always while business continued on a very ended in a slump, while the after-restricted scale. Buyers and sales math has invariably been a period at 812.33. At presens level they of stagnation.
firm EL
BANKS. Maintained front-moved up from $1,500 to $1,330 buyers and sales.
possess attractions.
AND
OHINA MUTUAL STEAM NAVIGATION CO, LTD.
UNSIGNEES per Oo. Vessel "AENEAS",
SINGAPORE
FROM UNITED KINGDOM VLA". are hereby notified that their Cargo bedacharged into Holt's Wharf, Kow. loos, where it will lie at Consignees. risk and subject to Terms and Condi. tions of Storage at Holt's Wharf. The be ready for Delivery from Cargo will h Godown on and after 2nd July.
Optional Cargo will not be landed here, unless Notice has been given prior to Vessel's arrival, but carried on from port to port the final port of call to which the option extends
M.So Yangteze Insurance
H.K. Fires.com
+-4
$955
Mining
Benqueta....
B-1/+
TL3.10
T
Bel
320. Kailans
Langkats (comb.)
T.Y
Do. (single)
T1.30
T1.30 Te
Shanghai Loans... Raubs
Explorations........
T.51
324
21/
Tronoh Mines
Docks, Wharves,
Godown, ate,
***
*
All broken, chafed and damaged Goods AIA to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of Storage period. 10.45 4. and Noor within the Free No Claims will be admitted after the CHINA LIGHTS-Show no im-Goods have left the Vertel's Godows, provement. Buyers at 8271, sellers and all Goods remaining undelivered T265
The general undertone, after the 8th July will be subject to at $29.
Bent. however. continued to be firm.
All Claims against the Vessel must This is a popular semi-speculative market leader. The price is likely be presented to the Undersigned on or before the 22nd July, or they will not to be influenced by general candi-
be recognised tions, and this facter must not be
No Fire Insurance will be affected. These shares overlooked, control of which rests
BUTTERFIELD & SWIRE,
Agents. offer, much scope for further sub in a few hands, as, this may lead stantial rises if purchased at preto manipulation. Indications point
2nd July, 1930.
[9606
sent levels.
to increasing activity, and the in- siders are so strong that if they wish to see prices Eigher, up they will probably go.
UNIONS. Have hardened from 8113 s:llers to 8443 buyers-sales $445/450. A steady stream of funds is flowing in for investment pur- poses in this stock.
DOUGLAS.-Are wanted at 824, but no shares are obtainable at this price. The break-up value of these shares is considerably in excess of the present price..
"
NOTICE TO CONSIGNEES, OCEAN STEAMSHIP 00., LTD.
CHINA MUTUAL STEAM · ·
NAVIGATION CO., LTD.
TELEPHONES. Provided " the The price rose strongest feature. STEAMBOATS.-General idle-from 8171 to 819 or $221 call-paid.. mess again characterised this stock, As a rule, partly-paid share is a which receded from 23 to 824 class of holding not in favour with sellers and sales. The bugbear of the general body of investors in CONSIGNERS per Co Vessel uncertainty of "impending competi-view of the liability which it en tion is causing much anxiety, but tails. we are inclined to the view that anticipation is worse than realisa
tion.
ROPES.-Are rather more cheer-
"IXION"
arg
$176
$3
H.K. Docks
$39
H.K. & K. Wharfa... $175 Providen....
1130 Shangbai Docks ... "T7 New Engineerings
Hongkews
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
ap.m. on the previous day. and parcel mails are closed
Fox
$176
86.30 $5
Lima
Hoiaow
T.139 18.30
Bhanghai, Japan, Honolul,
U.S.A
+
Canada, Cantral and South America, and EUROPE via San Franciano- dae San Francisco, 24th July, and
EUROPE via Siberia Fort Bayard
་་
Swalow, Amoy and Formosa"
Formess...
Baigon 14
***
Alama Maru
PER
DATE and TIME
Thursday, 3rd,
8.30AM
8.30 AM
Wing Wo...
9.30 AM
"
Van Hautas
10.30 & M
Deli Mars
Nitto, Maru Haldie
Lipence Hydrangea Ermland... Emp of Canade...
10.30 AM
2.30 M. 1
2,30
9.30
3.00 M 4.20 Fa
5.00
11.30 A
Friday, 4th, ¡Paicola Noon
Letters
1,00 PM
Cotton Main
Ewon
T19.76
3tzmite
T.13
T.85
Shai Ctons (ali)...
T.85
Do. (new)...
1.81
7.10
Zoong Sings
T.101
Cebu
Swatow
H
Lands, Hotels and
Parcels for Germany
Tia Hamburg
Buildings
Mandin 那些
H.K. & S. Hotels... 31210] $12.30
H.K. Leads
$83
Hoihow..
Shanghai Lands...)
H.K. Realtys
$0.90
$16.60 Humphreys .....
$161
Stralia and Calcutta
"Manila, Australia (except placas Bouth of
512.15 $12.35
T
T.285.
89.85
#!
$201
$51
11:
Jus
Chinese Estates...
Kweyang...
Shirala...
Townsville) and Now Zealand via
St. Albana
Public Utilition
Tramways
$10.30 $2023.30/- 40
Swatow, Amor and foochow
Thursday Laland- due Thursday Taland, 19th July
Parcals Noon Bog.. Gettora
Baiyang
Shangha
and EUROPE a Biberis
Kalyan
1.45 2.20 r 1,00 x 1,80 x ☐
Canton
2007
'Peak Truma (old)...] $114
Haiphong
Da (new)... $ Star Ferries
88-1
Japon,
$27.80
$801
*Bouth America and EUROPE vis Victoria, B.C.-due Victoria, B.C., 26th July Shanghai and *KUROPE via Siberia "
Canada, "U.S.A., *Central and
Asteria Mari...Beg.
4.15 x
Letters
3,00 PM
Biberia Mars
Beg Latters.
5.00 PM
Sandakan Ligina...
$11
$221 $305 7.184
2835 Pd.
Telephones.
$22
221 cum. div..
30
Do, (Fully Paid);
China Buses
10%
Tractions ....
6/9
Straits, Ceylon, India, Mauritius, E. and B. ) Afrion, Aden, Egypt and EUROPE via Marseille de Marsillos, 3rd August!
Karmala
18/6
PROM SEATTLE, VANCOUVER AND VICTORIA VIA JAPAN
and Lumber Shipments as soon as the are requested to take Delivery of Flour, $27.70 Vessel is ready to discharge and bereby notified that if their Lighters are Fennel s not placed alongside the required, their Shipments will be dis charged into Holt's Wharf, Kowloon, st their expense, where the Cargo will He also at their risk and expense and subject to the Terms and Conditions of Storage at
at Holt's Wharf. The Femal will Commence Discharge on 2nd July.
General Cargo will be discharged into HUMPHREYS.-Are unchanged Holt's Wharf, Kowloon, where it will le Inclined to best Consignees' risk and subject to the at $163 sellers. easier. It is difficult to form a Torms and Conditions of Blorage at tangible opinion as to the possible Holt's Wharf. The Cargo will be ready value of these shares in the next for Delivery from the Godown on and
after 2nd few months.
ful. The price jumped from $0.60 to $11.23 buyers and sales. This STAR FERRIES.-Prices moved stock is suitable for semi-specula in favour of holders from 883 totive investors. It is expected the
improvement will continue. 884, indicating a rising tendency.
REALTYS.-Sagged further from WHARVESA slightly barder tendency is discernible. Prices rose $101 to 891. Last week prices were from 8172 to 8175) buyers. Sales advanced rather quickly; the move $172/177. We shall see a gradualment was due to professional mani-b return of interest and with it a pulation rather than public de slow adjustment of prices, to more mand. attractive levels.
DOCKS Are still passing through a period of depression. Sellers at $33. Holders must be feeling wor #ried at the low level at which these shares are standing. They should, retain their interests, and hope for brighter days.
LANDS. Are in good demand at $85. Although we do not anticipate fireworks in these shares, we shall be very disappointed if we do not 6ve them materially higher in the immediate future.
CEMENTS (Combined)-Showed a firm tone throughout the week." Prices rose from $18.25 to $191. At the close weakness developed and shares obtainable at 819.15. A line
of these shares has been acquired by na group of share-pushers, and we would advise small investors to
be very cautious. There was a great, deal of knowledgable buying going on quietly for some time.
WATSONS.-Are weakish. Prices receded from $13 to $12 sellers. Depreciation should not be looked upon as a permanent one.
July All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10,45 AX, and Noor within the Free Storage period. admitted after the No Claims will be Goods have left the Vessel's Godown,ad
· 9131 sat $11.35
12
$33
C. Lights (old)......$27.70
Do. (new) 231 HK Electrica «*****
Macao do.
Do. (pre£.).....
Industrials
T.11 Caldbeck, (ord) 2.10 Macgregor (pref.);
Canton Lees
Changi
Manila, Australia and New Zealand via} Brisbanedae Brisbane 19th July
Brisbane Maru Prut. Pierce
8.00 M Kowloon P,0.
Parcels 4.30
Rog, 5th, 9.00 Letters 10.00
G.P.O. Paz., 4th, 5.00 ex Bog, 5th, 9.45 Letters 10,80 AN
Saturday, 6th, Beg. 4,35 m Letters 5,00 2 m
Sunday,
4,30 M
6th,
8.30 AM 9,00 A
9.00 AM
111
$21
$18.35
Cements (comb.)... $19
Manila
Do
(old)....
8121
Do.
(new)...
11/1
Ropes 311.20
$11.3
Amoy
$1
China Bugars Lam
827
Malabon Sugars ****
829
Bangkok via Sestow ...
***
United Asbestos...
Swalow, Amoy and Formoss Bandakan
Anking Kolgan Canton Maru Mausang..
LOW
MiscellaneouLA
CLOSING FEATURES:
Rises.-Banks 820, Ferries 30 all General Cargo remaining undelivered $25.50 $25.00
cents, Ropes 81.05, and Tele-after 8th July will be subject to Bent,
All Claims against the Vessel mart phones 81.40. FALLS-Unions 85, Steamboats be presented to the Undersigned on or cents before 22nd July, or they will not be 81, Providents 35 Docks 84, Lands 81, Cements ecognized...
cents, Dairy cents. China
93 25 cents, Electrics $1, Tram
$3.35
**
Dairy Farma... Der A. Wings.. Amusements Constructiona Lane Crawfords
Mackintosha... Nanyang Tobacco...
$11.3 Binceres (vid)....
3124
$1
$28
$1.90
$18
Farms Lights
No Fire Insurance will be effected.
BUTTERFIELD & SWIRE,
Ageola. Hong Kong, Ind July, 1930. (9610
ย
prom
NORDDEUTSCHER· LLOYD, BREMEN.
$10
THE 2
THE Motor Ship
"FULDA"
20 cents, Watsons 50 cents, Amusements 81, Ewos 63 cents, and Shanghai Docks
$3.75.
"FORWARD BUSINESS TRANSACTED DURING THE
WEEK ENDING
July. 851/5.80
812/12.00 2631/67 819.75"
Providents
Hotels
Lands
Cements Com.
Chiun Lights
825
Electrics
8801/B1 811/111 2201/201
Ropes
Tramways
GOLD SHIPMENTS TO "AMERICA. -
CHINA'S EXPORTS DURING CURRENT YEAR.
According to a statement issued
August. 83. 8121/12.80 $86,87 820.20
Beptember.
84
$12.85" 887/88 8201/20.30 8091/281 8982/28.90 .831
8811/82 811,33
8111/11.50 82/1/21.10 890.80/21.20
BROKERS' LOANS IN THE UNITED STATES.
[UNITED PRESS.] Washington, June 20.-Brokers' loans for the past week once more showed a reduction according to to day's weekly announcement. The decrease was G.8371,000,000, bring- by the American Consul General,ing the total to G.83,402,000,000 the total shipments of gold from which sets a new low level for 1830,
"The previous, low level of Chins, including the whole
G.$3,341,000,000,; and the high was Hong Kong, to the United States G.84,004,000,000. for the month of May and for the first five months of the present year are as follows:-
Mar-21,483 oz. "Troy, "valued at C.$434,361.
was
U.S. FEDERAL RESERVE REDISCOUNT RATE.
New Tork, June 28.-The redig count rate of the Federal Reserve at Bank is unchanged at 2 per cent,
it was announced to-day.
From January 1 to May 30- 481,433,58 Troy valued G.89,533,205.
nz
having arrived from BREMEN, HAM BURG and Porta, Consignes of Cargo ars hereby notified that their Cargo is being landed at their risk into the Go-
of downs the Hong Kong and Kowloon Wharf and Godown Co., Ltd
Kowloon, where Delivery can be obtained.
notified that Consignees are
the Motor Shin & the taken··
at HAMBURG and BREMEN Through Cargo for HONG KONG ex S.
MARTHA 8.8.
8.S. * ANNEMARIE 8 S.
6.6.
5.8.
"GRIZA" B.8. "Kora FRODE" and STETTIN. "GANTER" from OSCARSHAMN, GOTHENBURG, MAENTYLUOTO,KO? KA, WIBORG and OSLO,
All Goods remaining undelivered after the 7th of July, 1980, will be subject to Bent.
No Fire Insurance will be effected by us in any case whatever.
Damaged Fackages must be left in the Godown for examination by the Con signses and the Company's Surveyors, More Anderson & Ashe, at 10a.m.,
1 July, 1930. on the 5th of
No Claim will be admitted after the "Goods have left the Godown and all Olaims must be presented within Two Weeks of the Ship's arrival here, after which date they will not be recognised,
Consignees are requested to surrender to the Undersigned their Bill of Lading for CountersigOREES &
CO. Agents: NORDBRUTSCHER" LLOYD, BREMEN, Hong Kong, 20th June, 1990, (9599
Do
Watsons........
$165 W. Fowells
83 B. Ind. G. Bonds... HK. Govt, Loan ...
Chin, Entertainm'ta.
9:00 AM
$23.70
$26
81.90 $3,20
Japan.U.S.A., Canada, C. and 3. Amerios]
and EUROPE via Victoria, B.C.— dus Victoria, 3.0., 25th July... Shanghai and ⭑EUROPE via Siberia Foodbow...
Pres, Madison...
·Pres. Madison..... Chanan
Beg. Letters
Monday, 7th, Parsels 3,00 Reg. Letters 5,00
4.18 r =
5.00,
6.00 PM ...3.80 rm
F
Y
24
Tuesday,
8th,
#
Bil
Bwatow, Amoy anl. Foochow
Hai Ning...
22.00 7 m
$13
$24 B0%
$1001
Straits, Ceylon, India, Mauritius, E.. and B. Africa, Egypt and. EUROPE via Marseilles du Marseilles, 6th Aug.
Hector
Yuensang..
Amoy
Waishing.
Kutsang Trinan
Kowloon P.0.
Letters 4.20 je n
5.00 x
Letter 6,00 FM
6.00%
Wednesday, 9th,
6.90
| Parcels Noon ...Letters 100%
Bag.
4.80 F M
G.R.O.
Ber
AMERICAN STOCK QUOTATIONS.
LATEST WALL STREET PRICES.
The following quotations bave been received from their car respondents, "Messia, Hayden, Stone & Co., of New York, by Meners Swan, Culbertson & Fritz, Sassoon House, Shanghai, (cable address: "Swanstock," Shanghai), who are not responsible for cable mutilations:-
Tone of Market-Easy. No. of Shares dore-8,500,000. Call Money-21 per cent..
American Smelting Anaconda Copper Baltimore and Ohio Borg Warner Continental Oil City Service Common Curtis Wright Common
Swałów.
Straits and Caloriia
Amoy
Friday,
5.00
11th
Swatow, Amoy and Fobohow....
-Haiching ...
1.00
New Yonk, July 1, 1830.
Tuesday, 16th,
Manila
Emp, of Russia ....
2,80 K
Lact Dividend.
Latest
Sales.
58
*Superscribed correspondence only.
3.50
49
103
3
27
None
30c. A
None
Eastman Kodak......................
AB
-194
Electric Band and Share
BC
.77
None.
40
General Motors
#40
General By Bignal
15
Missing
2
38
Granby Consolidated
Goodyear Tire and Rubber
$8
23
Hudson Motors
Missing
WHEN YOU ARE DUE FOR LEAVE
Send a Chit to 11, Ice House Street and order the Hongkong Weekly Press te be sent to you for-
International Cement
મા
International Nickel
24
Montgomery Ward
34
Nevada Consolidated Copper... Radio Corp.......
17
Three months
None
Bears Roebuck & Ca
23D
Six months.
3
1.80
Twelve months
$3.75
87.50
-$15,00
2.60
None" 7
Erie Railroad
Gold Dust......
Simmons Co........... Standard Oil Co. of New York Union Carbide and Carbon.. U.E. Rubber ***** United States Steel APlus 6 per cent. in stock. B-Part extra.
C-Payable in stock.
D-Plus 4 per cent. in stock.
No comments yet.
Private notes are available after approval.