1930-07-12 — Page 12

12

Money

and Markets

·༡༧ ༽ ***

NEW YORK STOCK HONG KONG SHARES.

EXCHANGE. »

LIGHT DAY'S TRADING-

[

SLIGHT RECOVERY AT CLOSE.

(UNITED PRESS.

H

New York, July 3-This last day before a three-day holiday period was a light one on the New York Stock Exchange, according to the daily review of the Dow Jones Financial News Agency. Only 1,354,230 shaves changed hands.

Many traders were already absent on their holidays, while others were anxious to be out of the market before following suit with their own departures.

Losses Early in the Day. Prices generally were lower. Con- siderable losses were sustained early in the day. Some of these were re- covered id the final hour of trading, U.S. Steel receiving considerable support and leading others in the advance. Steel closed with a net loss of one point at 157. This last- minute rally was attributed to the reluctance of the bears to remain shurt over the ensuing holidays.

The average of 30 industrials showed a loss of 2.79 to 46. Eastman Kodak dropped 61 to 192. Goodyear Tire & Rubber was off two points to 57, and Goodrich one point to 23. Anaconda Copper was off only a quarter of a point to 30, while Kennecott Copper was up thi La 38. "General Motors gained five. eights to 40, most motor stocks' showing no marked departures.

|

Rails Fractionally Lower. Rails, shown by the average of 20 stocks, were down 52 Canadian Pacific gained 14 to 1873. while Northern Pacific lost to close at 72 Union Pacific was down two points to 207, and Southern Pacific dropped a quarter of a point to 114 Pennsylvania held its own, with a net rise of an eighth to 74.

American Tel. and Tel. was off 1 to close at 907. International Tel. and Tel. went down 1 to 43. Twenty utilities averaged a decline of 1.48 to 80.95. General Electric | was of 1 to 67, Standard Gas and Electric three points to 90, Colum- bia Gas and Electric 1 to 821.

"BENJAMIN & POTTS"

WEEKLY REPORT."

HONG

KONG DAILY PRESS, SATURDAY, JULY 12, 1930.

Lands, Hotels and Buildings. DAILY SHARE QUOTATIONS.

Hong Kong Lands after touching As low as 391 have suddeary armed up and close with buyers at 883. Humphreys Eatates have weakened to a selling rate of 8103 and Realties are also easier at *0.80.

· Public

HONG KONG STOCK

EXCHANGE.

SHAREBROKERS' ASSOCIATION.

Buysen

Sa Buce

Nominal

FRIDAY. JULY 11.

Bay Sellars Balee Nomise!

Kong

BANKI

$1,510

217)

-1515/17

£106

***

Utilities.-Hong Electrics were the medium of a large-business, with shares selling down to 877. The market then turn- ed and with a good demand setting in, the price has improved to $19. China Lights (Old) have further! receded with sales reported at $20! and the new shares are offering at 23. Hong Kong Trams are slightly The market continues dull and lower and have been sold down t prices generally are lower.

Messrs. Benjamin & Potts, local share and general brokers, in their weekly share report dated yester das, state-

Banks-Hong Kong and Shang- hai Banks which left off last week at $1.530 have been ruling casier and shares have changed hands at $1,515 to #1.510. The London rate is slightly higher at £108.10/-

82.05.

;י

Star Ferries are still 820. offering at $84 after sales at $831 Peak Trams are in demand and are no sellers in evidence, Tele have advanced to $191..but there phones (partly paid) were sold up

to 3 but are now obtainable cheaper at 8214. The fully paid shares are quoted at $311,

$19.15.

"Marine and Fire Insuraness. Uniors have been dealt into some

Miscellaneous-Green Island Ce- extent with sales made from $443 to

ments have cased off a little--the 84471. Cantons are in demand st the reduced rate at 3010. Hong Combined shares being on offer at There are buyers of the Koog Fires are also wanted at this

Old shares at 8133 and the New at have price. Chian Fires continue in re- quest at 400 China Underwriters 83 Hong Kong Ropes

Auctuated between 810.30 and $11. have dropped to a selling rate of at the close there are buyers Dairy Farms at the latter rate. Shipping Hong Kong, Canton I were sold at $241. Watsons are and Macno Steamboats aue offering offering at 812 Lane, Crawfords were booked at the reduced rate at 824 and possibly a lower rate would be accepted. Douglases are of 83. Hong Kong Amusements enquired at $23, and Waterboats at have wenkened to $6. $32.

Cotton Mills-Ewo Mills have ex- "Docks, Wharves and Godownis.perienced a rather sudden drop Kowloon Wharves have fallen away from Tls: 123 to Tls, 11. They close China Providents were slightly higher with buyers at Tis to $170, sold down to 851 but close firmer 11.03. Shanghai Cottons have also Whampoa declined and are offering at Tla, with buyers at $5.40. Docks continue neglected at 83970. and Shanghai Docks have dropped to Tls. 116.

(Continued on next Columa.)

Standard Gas & Electric. Standard Oll of New Jersey Standard Oil of New York Texas Corporation Texas Gulf Sulphur Timken Roller Bearing Trans America...

60 68

* 200 207

Rubbers.-Raw Rubber is down to 5d. per ib. and share prices have again given way slightly, as is shown by the following quota tions received to-day. From Shang- hai:

Anglo-Javas Anglo-Dutch

Chenors

י

***** 31,3101

II.K. Books

Do. (London) Chartered Banke

*མ་

£29 Mercantile Bka. “A

Do:

5121

Bank of East Asia...

Insurances

Canton Insura3208.. Underwriters

CHEE

FOREIGN MAILS

RADIO NOTICE.

Individuals and firms are recommended, to register their tele- graphic address at the Radio Uffice. No charge in made for this.

INWARD MAILS.

FROM

PER

Duz

£161

JAPAN, SHANGHAI and EUROPE viaj

Siberie (London, 23rd June) SHANGHAI and Foochow - ...

***

Hikawa Mari Ouderkirk

12th

M

-£99

MAXILA

Pres

#12)

$115

***

11

$244

$43

Australia and MaxiLa Japan and SHANGHAI JAFAX....

***

144

A

840

93/3

JAPAN and SHAJGUAI JATAN

$31

UB.A BONOLULU, JAPAN and SHANGHAI) (San Francisco, 13th June), and EUROPE Pia SIBERIA (London, Siet June) SHANGHAI and Swarow

Euxora via NEDAPATAN (Letters only,

Lønden, 13th June) MANILA

EUROFE TO NIGAPATAK (Papers only.

London 19th June)

CANADA, U.S.A., Japan and ShinoRAI

Vancouver, B.O. 26th June)... U.S.A, HONOLULU, JAPAN and SHANG-

HAI (San Francisco, 20th June Calcutta and Stratte ***

Bmy, of Buina

Fres Jackson hum Sang Kaya Hura

Pres. 17on

12th July

Sucher 44

18th July

Bengal Maru

18th July

Pres. Fieron

13th July

14

Tisores ...

13th July

Kidderpore

13th July

14th- Joly

M

14th July

16th July

18th July

Chenonceaux

15th July

Montevideo Maru

17th July

More

18th July

Aki Mara

31st July

$980

$940

$2.55 $3.65 T.160

89.70

Amor

$146

$447

North China ....................... Union Insurances ... 11.850 Yangtaze Insurances

www.

T160

8419

$80

China Fires.............| $400 H.K. Fires...

$950

$300

5940

fras

:!: :!

$24

Shipping

Douglases

Steamboats

$24

343

Indoe (pro)

$10

Do (dat)

97/6

Shell Transports ...

$32

3170 $170

$54.0

200

$39

14.74

***

T.260

Water-bout..............

Mining

Langkats (comb)..........

г

Godowns, etc.

DO ATT

T11.30

mu

*id!!

Te

****

80+

Banquets..

54/.

Kailana

T13.10

1.9

Do. (single)

T."

T1.30

Explorations..............

T1.30

T.8

Shanghai Loans

T.61

OUTWARD MAILS.

REGISTERED and PARCEL MAILS are closed 15 minutes earlier than the time given below 'unless otherwise stated, sad 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.

Гол

PAR

DATE and TIME

$21

Raubs

$24

21/-

Tronoh Mines

21/-

Docks, WharrOS,

Échaw, Pakhoi and Haiphong

Kanchow

***

H.K. & K. Wharfa...

Straits, Ceylon, India, Mauritius

East Africs

and)

8172

Providents...

85,40

Shanghai and EUROPE via Siberia

Shidroka Mär Dardanus Telemachus

H.K. Docks

..$38

Saigon **

Manila

T.117

Foochow via Swatow...

H

Bangkok via Swatow ...

Swatow, Amoy and Formosa

Pres. Wilson Oh's Shing

Kiang...

Hozan Maru

: :

M

T.85

Hydrangea

Swaton ...

T.84

T.101

Japan, Canada, USA., C. and B. America,

and EUROPE via ban Francisco ➡dav San Francisco 6th Aug.

Parcels

Pres. Pierce

Bog.

Saturday, 12th,

8,30 A H

9.80 A $41,80

́5,00 PM 5.CO.M

5.00 PM

Sunday, 13th, ".

9.00 ▲ M. 9.00 A M

Monday, 14th,

3,00 M 5.00 F 4.15 PM

Letters

5,00 F

Beg.

5.00

Shanghai, and "EUROPE via Siberia

Pro, Pierce

Letters

6.00 PM

$11.40

Tuesday, 16th,

$83/1

*Swatow, Foochow and Wei-Hsi-Wei

Swatow, Amoy and Foochow

Saigon, Ceylon

$30.10

Fort Bayard, Hohow, Pakboi and Haiphong Haiyang...

ladia, Mauritius,

*Fast and Jouth Africa, Aden, Egypt and EUROPE via Marseilles -duo Marsoiles, 16th Aug,

Manila

Manila

141

Shanghai, Japan, Canada, U.S.A., C. and 8. America and EUROPE via Vio- toria, B.C.due Victoria, BC, 8th

"Aug. and *EUROPE via Siberia

Burichow. Tonkin

10,30-ax 12.30

7:00 PM

Kowaloon P.U.

Rog.

1.00 M

Chenonceau Letters

1.00 #

G.P.O.

Beg.

1.45 PM

Lettora

9.30 F x

Emp, of Russia Fri. Jackson

Ei.awa Maru

3.30.

4.30 I X

5.00 P

Bag. Wednesday, 16th, Letters 8.30

Wednesday, 16th,

8,30 a

9.30 AM

5.00 M

#:

96

10

n

68 65

31 32

Buyers. .Tis. 5.85

Tilio

11.20/

T78

518 51

3.00

T.9.

60 GD 571

Batu Anams

0.60

302 201

1.25

Consolidateds

2,35

Kroewoeks***

1.30

621 521

Repahs

1.95

823 811

048

Tanalis Meraha

.1.05

583+

$81

$83*

赫 42

Tebongs

1.65

T.375

***

t

Ziangbes

5.90

39.60

1831 1671

Exchange. The TT. rate on Lon

$16)

801 80 don is 1/3 nad on Shanghai 83h..

417 418

137 134

Forward Settlement Days. "July:

Union Carbide & Carbon Union Pacific Railway... United Aircraft & Transport. United Corporation

United Gas & Improvement... United Dry Docki 1.8. Rubber E.B. Steel Vanadium Warner Bros. Pictures Westinghouse E. & M..... Woolworth

*

357 351

211 21

581 67 29, August 26 and September 20.

Call money dropped from 2 to 2 NATIONAL CITY BANK OF NEW YORK.

per cent.-

QUOTATIONS.

New York, July 4.--- Market irregular. Business done, 1,584,250 shares.

Adams Express...

American LBD 100 -

American & Foreign Power

American Bolling MilL..

American

Smelting

American Tol. & Tel....

American Tobacco "B

American Waterworks...

Anaconda Cupper Atlantic Refining Baltimore & Ohio Bethlehem Steel

Borg War

WATODE Calumet & Hexis

1+2

Canadian Pacife Railway Chesapeake Corporation

Rock Inland ... Chic

Cities Barvice, Common Colgate Palmolive Feet Columbia Gae & Electric Columbia Graphaphone: Commercial Solvents. Commonwealth & Southern Commonwealth & S. War. Consolidated Gris of N. T. Continental Oil...

***

Corn Products... Curtiss Wright, Common

Du Pont de Nemours ... Eastman Kodak Electric Bond & Share... Eric Eailway...

For Film

སྐྱམ

Goueral Electric

General Food

June

2+1 241 120 117 617 63

69

238 234

59 2091 207

80 83

... 103 Let

"361 361

AL

09 409

AL

162

28 M

161 16

... 180 1879

++1

Mucl

001 98 271 271 282 254 514 51

171 171 231

4

141 141 ** 1081 1061

19 Mpti.

*** 04 924

领

103) 100

...198 102

FAVOURABLE HALF-YEARLY REPORT.

The local branch of the National City Bank of New York has received a telegram from the head office stating that the balance- sheet issued on June 30, 1930, indicates that all existing records of the bank since its establishment in 1812 have been exceeded with the exception of the statement of December 31, 1929..

at stand

U.S.$2,079,337,939 against Total resources US.81,995,838,014 on March 27, 1930, and U.S.82,062,400,220 on June 29, 1929. Deposits amount to U.S.$1,560,288,690 against C.5.81,471,307,701 on March 27, 1920, and U.S.$1,470,891,893 on June . 29, 1959. Capital, surplus and undivided profits U.S.8242,973,145 against U.S.$233,260,400 a year ago. The high record of all time reached December 31, 1920, showed deposits of U.S.$1,049,554,960 and total resources U.S.82,206,211,170. *

"The " capital of the City Bank Farmers Trust Co. Capital U.S.210,000,000, surples and undivided profits U.S. $13,777,806.03 and the National City Company, capital U.S.$53,000,000, surplus U.S.$53,000,000, are beneficially owned by the stockholders of The National City Bank of New York. The figures of these Companies are not included in the above statement of the Bank.

The following is the balance-sheet as of June 30, 1930, which has been cabled from New York:-.

CONDENSED STATEMENT OF CONDITION AS OF JUNE 30, 1830.

H

(24 Shanghai Docks

New Engineeringa Hongkews

$98

Cotton Mills

S'hai. Ctons (old)... |

Do. (new)... Zoong Sings

Lands, Hotels and

Buildings

H.K. & S. Hotels H.K. Landa

-311.36 ......... 3831 Shanghai Lands

H.K. Realtys men| Humphreys non Chinese Estates

Public Utilities

Tramways do................. 320.10 Peak Trams (old) ... $19

Do (new)... $6

Star Ferries.........

C. Lights (old).... $26.55 825.50 $261/80

Do. (new).............. 821

H.K. Electrics...... 379 Maczo do.

Sandakan Lights ... Telephones..........

Do. (Fully Paid); Chins Buses Tractions Do.

(pref.)......

Industrials

T.111 Caldbeck, (ord) Macgregor (pref.) Canton Loes

Cements. (comb)...

.Do

Do, (αύπ)... Ropes

China Sugars

United Asbestos....

Miscellaneous

Dairy Farms..................... Der A. Wings...r

$20.20 820,10]

Su

381

$26.50 896.80 $281/70

$22

5785

$79

$23

$1'1

$911 $21.80

$31

T.188

10/

18/0

፧፧

$19 $131

$19.15

81

$27

muun hier

+21

$70

Sun Su

Swatow...

Japan

Hangrang Kaya Moru Taiyuan

Amoy

8/9.

Thursday, 17th E

Kumuang

Amoy

Straits, Ceylon, India, Mauritius, East

South

*South Africa and

And American Ports...

Montevideo Haru

5.00 PM

5,00

Boi Ning...

$2.10

(015)...| 313

$19 $13813

$10.70 $11

18.90/19

851

Malabon Sugars ***

$29

$24.70 $94.80 24.70/7

$1

$284

$25

Amusements ******

$28

Swator ...

Soochoro

**

$1.00

$3

Constructions verse:

$1,90

Lane Crawfords ...

Straits and Valentin

Ho Bang

$3.20

$18

Mackintosha matadr|

Nauyang Tobacco...

Bandakaa

Hinang

L

Shanghai

Hatori Maru

Manila, Australia and "New Zealand vis

$109

M4

$11.Sc Sinceres (old)...................... $11ļ

Do. ・(new) ***** Watsons...A ANY JAGODA CA |

$285 Wm. Powells.........

B. Ind. G.8 Bonds... E.K. Govt Loan....! Chin. Entertainm'tal

AMERICAN STOCK QUOTATIONS.

LATEST WALL STREET PRICES.

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

Tone of Market-Strong. No. of Shares done Call Money-21 per cent. ·

03

Swatow, Amoy ani Foochow

Straits, Ceylon, India, Mauriting, E ¿)

South Afrina, Aden. Egypt and EUROPE via Maranilladte Mar- sailles, 15th August

Mora

Thursday faland-das Thursday' Is > Aki Maru fand, 4th Ang, ŵ

Manila, Australia and New Zealand via

Thursday Lland laland, Sud Aug.

due: Thursday Taiping

Strails, Ceylon, India, Mauritius, E. and B. Africa, Egypt and EUROPE via Marseilles-dus Marseillés, 22nd Aug.)

**Superscribed correspondence only.

EXCHANGE RATES.

[BRITISH WIRELESS SERVICE.]·

Friday, 18th,

9.00 Koroloom P. O. Parcels 4.30

Reg., 19th,9,00 AM Letters 10.00 am G.P.O..

Paz., 18, 5:00 pm Reg. 19th,9.45 ▲ M Letters 10.80 A M

Saturday, 19th,

10:00 AM Noon 1.00

Parcela *Letters

Sunday, 20th,

9.00 AM Monday, 21st,"

Beg.

10 20

• 5,00

Let,R2nd,8.80 M Pac, Slat 5.00 2 M........ Beg.22nd,9.45 AM Letters 10.30 à m

Tuesday, 22nd, Kowloon F.O.

Beg 100 Letters 1.00 # ¿

G.P.O. Beg. 1.45 7 ||Letters 2,80 r

1121

63).

9%

prem

$10

za 721

721 781 77

Reserves for:

131

191

Contingencies in

61 GO

184

181

Circulation

201

Deposits

57 50.

115 11445.

Loans, Discounts and Acceptances of Other Banks United States Government

Bonds and Certificates

Assets:

71 779

39!

401

402

FRA 07

Cash in vauls and in Federal

Reserve Bank 2.22,

G.8147,074,983.58

54 547

General Motors....

301 401

Due from Banks, Bankers and Laited States Treasurer...

303,902,958.58

General Railway Signal

801 Mutl

Gold Dust

28

*GJ$459,907,812.16 1,147,057,809.49

toodrich Rubber

Goodyear Tire & Rubber

69- 67

G.8168,18,713,90

Granby ..

21 Mutl

Grost Northern Cordificates

75 781

State and Municipal Bonds ......

2,015,790.л19

6,000,000.00

Horshey Chocolate

International Coment...

61 Katl

78,321,832.33

International Combustion, Eng. International Harvester-

...

International Nickel.....

233 241

6. B ・82) 72) 36 Muth Unq.41-

263,703,135.-12

Ownership of:

-6,000,000,00

i

40,049,789.7-

144

TB 77

Items in Transit with Branches

13,163,868.90

153,006,436.16

281 $7

.:29 28

International Printers Ink International Produsta Com........ International Tel & Tel. 18hns Manville...

Kennacott Copper

дени

Kruger&

Tell Kroger Grocery... Liggott & Myers "B"

Loows

Inc.

Ladium Stool Nick Trucks Missouri Pacific

Montgomery Ward

Nevada Consolidated Copper New York Central

Northern Pacific Railway

Packs Lighting

Packard Motor Car

Famous Lasky

Pennroad Corporation.....`

Phillips Petroleum

Public Service of N. Jersey Radio Corporation. Reynolds Tabacco

Roebuck.

Senio

Shell

Simmons Compar

"B"

Southern California Edison ...

Southern Pacife Rallway.

201 201

021 001 634.66 2525

13 G2). Mat100+

Stock in Federal Reserve Bank Other Bonds and Securities.....

International Banking Corporation (Including

Bank of Haiti, Inc.)...............rı Bank Buildings

Customers' Liability Account of Acceptances Other Assets

Capital

344 341 Surplus

15 16

158 159

(Continued on next Column.)

Undivided Profits

Other Unearned Income

Liability as Acceptors, Endorser or Maker on

7,459,071.99

G.$2,078,837,282.69

22,659,0$3.54

232,238,903.20

1,560,288.€90.42

G.$2,078,337,252.88

NEW YORK, July 10, 1930.

million.

Last Dividend.

Letest

Bales.

American Smelting

Anaconda Copper

3.50

60

Baltimore and Ohio .....

77..

100

Rucey, July 10.

Borg Warner

3

29

Paris

173.83

New York

Continental Oil

Nons

4.80

21

City Service Common

30c, A

27

"Brussels

34.825

will

Curtis Weight Common

None/

Liabilities:

Eastman Kodak

8B

Geneva Amsterda

25.04

12.001

Electric Bond and Share

6C

Milan

92.88

$7.50

keep touch with Hong Kong

news for rix months.

you

6.8110,000,000.00 110,000,000.00. 22,973,145.67

-Berlin

20.39

Erie Railroad

None.

Stockholm ..a

18.10

General Motors ..

General By Signal

Copenhagen

18.10

G. $242,973,145,XIT

Gold Dust

Missing

Goodyear Tire and Rubber

02

Oslo Vienaa

18.161

AFTER YOU GO AWAY

-34.45

0,197,789.18

Granby Consolidated

22

Prague

164

Accrued Interest, Discount and

International Cement

Last Div.

04

Helsingfors

1031

4,819,331.41

Madrid

41.40.

International Nickel

Lisbon

108.25

Tazel, Dividens nou secrILO

Expenses, etc.-

37h

*** 11,641,083.95

Acceptances and Foreign Bills ....

.99,265,00

Nevada Consolidated. Radio Corp taga

Seara Roebuck & Co.

None,

Simmons Co.......

Standard Oil of N.J.

Missing

Standard Oil Co. of New York

5.00

Union Carbide and Carbon

2.00:

U.S. Rubber;

None

:150

United States-Steel-

Bucharest

Rio.......

1/13/18

1/3

Bombay Shanghai

Hong Kong

Yokohama haki

Silver (spot) Mon Silver (forward)-

• 3/67

2/0 13/32 16 1/16- 10.

and you will certainly want to know, "what" is

Веди happening.

Press to be sent to you." We, at 11, Ice Houss Streat, will do the rest..