1930-08-27 — Page 12

Money and Markets

CANTON TRADE NOTES.

According to a Swatow report. the guston revenues collected by the Swatow Customs House during last month amounted to 351,448 tacls.

Demand for foreign wrapping is healthy as arrivals of mper Chinese paper from the North River distrista and Fukien Pro vince are limited,

Due to the lack of demand, prices of sheet copper and brass have fallen by several dollars per picul. Arrivals are large and a further drop in price is

expected.

Soné 2.160 hales of raw silk and 9A9 bales of waste silk were ex ported abroad during the first half of the present month, showing considerable decrease as compared with the preeceding month.

The cotton yarn market has been rather slack during, the past few days but quotations remain firm as short. stocks and arrivals are There are prosperts of an active market in the immediate future.

•

NEW YORK STOCK EXCHANGE.

FIRMNESS FOLLOWED BY HEAVY SELLING.

LEADERS GENERALLY

SUPPORTED.

(UNITED PRESS,]

New York, August 2-After early firmness on the New York Stock Exchange to-day, heavy sell ingappeared with rails suffering the widest declines, says the daily review of the Dow Jones Financial. News Agency.

The Dow Jones average for 20 rails was off 1.13 for the day, to a level of 12.13. New York Central closed down 23 to 159; Pennsylvania was off 3 co. 711; Erie was down i to 384: Union Pacific declined two points to 212; Canadian Pacific was down 31 to 1703; and B. & O. was off 1 to 983.

Tickers during the morning session showed the heaviness in the rail group!

Oils and Coffee Steady. Oils and coffvës

were steady. Standard Oil of New Jersey closed down to 70; Standard of New York whs off an eighth to 30%; Texas Cory closed at 31; Phillips Petroleum held at 32; and Contin- Shipping business between Can-ental Oil was off to 19. ton and Kongmoon has been very bad. Owing to the repented bom- bardment of vessels by bandits,

A sharp break in Gillette Razor often resulting in serious cascal- ties, many passengers intending to Co. contributed to, the decline in go to Kongmoon proceed to Hong the market, losses ranging from ne Kong from where they leave for of five points.. Following this de- their destination, This, coupled velopment there was a substantial with the decrease in cargoes, has rally, many stocks gaining as much caused many of the Canton-Kongas ten points. moon vessels.to suspend sailing. The lenders were well supported in most groups, and the market was steady at the close. Sales for the day amounted to a total of 1712,910 shares. Call money remained at 2 per cent.

HONG KONG DAILY PRESS, WEDNESDAY, AUGUST 27, 1930.

IMPORTS-PRICES

CURRENT.

The reports and prices are published as supplied by Importers, and the Chamber cannot accept responsibility for tho accuracy thereof,

Motala

Prices down. Local market wook,

IRON AND STEEL:--- Steel Nail Rods

Plates

Swedish Bars

DAILY SHARE QUOTATIONS.

HONG KONG STOCK EXCHANGE.

31,440

£34.

FOREIGN MAILS

RADIO NOTICE.

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

SHAREBROKERS" ASSOCIATION.

Buyers | Balleru, “Bales - Nominai

TUESDAY. AUGUST 26.

Buyers Balines Balusomiasi

Banka

INWARD MAILS.

QUOTATIONS.

Continental. 1:425 | $1,440| per picul $8.40

F.F. Banks:

21001

Bars (round to 1") 5.45-8.00

#7

*

Anglea

5.15

***

Bio 7

Do. (London)... Chartered Banks ...

FROM

PER

Dur

Mercantile Bis. "A"

Rods

8,00

Do

£12

BARAUL

Joista

5.95

21

F

$121

Bank of East Asia...

$115

Sheets (48/$7.00)

1.80

6.50

18.00

Insurances

Brnors via Suaz (Letters and papers, London, Sist July, and parcela, 24th July)

Bremerhavets

Kashgar

27th Aug..

93th Aug.

Small round rods

6.00-8.40

Hoops,

7.50

$950

Emp, of Canada....

28th Aug.

18.00

$9.80

28th Aug.

$2.80

Discount 73%, & ££

60%

T.160 $138 $445

29th Ang.

$440

per ploul

$9.70

29th Atg.

Galranised corrugated ahta,

99 à Aug.

2400

To arrive...

21/28 per 100 lbs. 24 G$9.75 Galvanized at sheets, 1/327,

1/87

...per 100 tha. 26 G$10.75 Galvanized 9/324/19 per lb. Galy, wire, 18/23 per picul 14.75-16.20 GRADI

Brit. Coat. per piqul $17.20 $17.40

1961 Ang.

9982)

H.. Fires

31st Ang.

Gent. Matninger

Ist Sept.

$14,40

Shipping

Sydney Mar

2nd Sept

Tanda

Sid Sept.

$231

$94.85

Douglases ................|| 828) Steamboats............

Tjibesar

3rd Sept.

Oldskerk

$13

17.50

Indos (pref.)

6th Sept.

|

$13

$10

Australian-BEP.,

Do. (def)

se

$40

་

ZING

Spot

To arrive...

17,50 17.60 18.00

87/

93/7

$31

SHERTH, 8 7 4

26,00

}

U.S.A, HONOLULU, JAYAN and Suang- HAI (San Francisco, 6th August). 0.8.1, HONOLUzD, Japan and SHANG- į HAI (San Francisco, 15th August)] Ausrailta and Manika”da

Pres. Adams

7th Sept.

Fren. Pierce

5th Sept.

St. Albana

8th Sept

black steel galvanised Black Tubes Galv. Tubes Wire Nails, S

BM, Spot

TIN PLATES

English 1.0.W., 20 x 147,

100 lbs, Spot... per box 14.70 14.70 English 1.C.W. To arrivo" 14.00 Engleb 1.C.W, 181"x14",

110 lbs. Spot English I.C.W., To arrive" 15.50

..... $2.50

Canton Insurances..

Underwriters

North Chinas....

Union Insurances ...) $139

M.350) Yangtare Instrauces

China Fires

1988:

Shell Transports Water-boatsmesarij

Mining"

Banquets.

#EL

2673

Kailans

15.20 14.80

Langkats (comb)

T.BI

T1.30

T.6 $211

Continental American EC, W. (Spot) 20 x 14"

100 lb, 112 sheets per box...Nostocks American LC.W., Tosirive 207x147

*

100 lbs., 11 sheets... per box $17.80

Petroleum Prodnata.

WETTE ROAN BRAND- COMIT BRAND Cook EAGLE BLAND

$400

9965

$202

Do. (single) Explorations....... Shanghai Loans ... Haubst

Tronoh Mines

Docks, WharvBS,

Godowns, ato.

FK. & K. Wharfs... $169

Providents

H.K. Docks

T.118 Shanghai Docks

New Engineerings Hongkews.....................

British.

-...per case $5.58

8162

'4++

-

0.49

851

}

$5.30

4.48

FAT

+

a ting 6.10

3381

per balk 5.50

6.49

CASS 10.30 T.250.

T

་**་

Bocor Moron GASOLINE ...FET SILTER LIGHT

68 Iba, per 2 tins 6.10 CROWN BRAND

8 i. galla. 69 lbs. per bulk 5.50 CHOSS BRAND 71 lbs. per 2 tins 6.34 8 i. galla. 71 lbs. per bulk 5.24 per 2 tins 5.98 LAMP GLANN SHELL MOTOR SPIRIT...

per-chae 10.35 per 2 tins 10.10

SCALZ Yor Foo

Lands, Hotels, and

IHINF

****

$910

T160

$60

20/9

T1440 $7.40

T6

21/-

$160

$5.30

$39

T.113

1.7

Buildings

ELK. & S. Hotels... $10.50 $10.75 $10.60) H.K. Lands en 977

$10.65 $10.70 810.66|

$781

3

7

per balk 9.60

875

170..

$12

$12

Don

per gallon (ex pump)

2.15

ex rights $73

righta $1

$12

T387

par case 6.40

Shanghai Lands"...

www

89

0.20 ナ 10.85

$18

Humphreys

$87

Chinese Estates

There has been an increasing demand for foreign sugar or ac count of the approach of the mid- Autumn Festival when large quanti ties of sugar are required for the

Industrials Slightly Lower, making of moon-cakes. The sugar-

The Dow Jones average for 30 cane crops in the country districts have proved a total failure and in industrials was off 1.71 to 231.21. ACO MOTOR SPIRIT dorksequence the production of U.S. Steel closed down half a point sugar has considerably decreased. to 187, with Bethlehem down & During the past few months the quarter to 803. Westinghouse was country districts have not only not exported sugar to Canton but have placed a large number of orders with Canton. merchants. The price of foreign sugar has conséquently

gone up

ANGLO-AMERICAN SOAP DEAL.

CONTROL OF ENGLISH FIRM

.GOES. TO U.S."

A deal has been completed be- tween. Proctor and Gamble, the big American and Canadian soap com- bine, and Thomas Hedley and Co., the largest independent soap mau- facturing company ia Dcgland whereby the American company hquires a controlling interest in the century-old English concern.

The deal will give the Proctor and Camble Company a substantial interest in the soap trade in Eng land, and it is understood that with this opportunity at their command they intend to make great deve- lopments with Newcastle as the centre. of activities for the whole of the North and Scotland. It is ruderstood that the proposed ex- pansion of both the manufacturing and distributive sides of the busi ness will mean the employing of Large additional numbers of bands.

Thomas Hedley and Co. is a pri- vate company, and has an issued capital £300,000, of which £335,000 is in ordinary shares. The firm operates two subsidiary Factories in Birmingham and one at Winth-on-Dearnė.

of

The various products are sold 'a'l over England, Scotland, Ireland, and Wales, ard an extensive ex- port trade is carried "on London.

from

The Procter and Gamble-Com- pany, which dates: from 1800, took over a Cincinnati Business. estab- lished in 1837. Several other eon- ceros have since been acquired. and the factories extend into Canada,

Assets at December 31 last of the company and its subsidiarios totalled $123,238,147 (£20.647,620).

REDUCTIONS IN LONDON- PORT CHARGES," "

TOTAL OF £120,000 A YEAR. Details of some of the reductions in port charges recently announced by the Part of London "Authority Although are now available. amended schedules of charges have not yet been published, it is un- nounced that the main reductions will be as follows:-

per gal, ex pump 135

Coala

No. 1 Slack No. 2 Black

off to 1441. General Electric was KAIPING-No. 2 Lump down 1 to 69. American Can de- clined to 1961. Du Pont was up an eighth to 1131. Eastman Kodak shumped "41 to 2011.

Flour

A slighter decline was manifestMA-Strong, among the utilities, with the Dow Jones average for 20 issues of 66 to 83.75. American Tel. &. Tel. was down to 211; International Tel. & Tel. was off an eighth to 44: Radio Corp. held at 40; Standard Gas was off 1 to 983; Consolidated Gas was off to 1054; and Columbia Gas was down 17 to 58.

vessels trading coastwise or to or Canadian from home trade ports, 2-7d.

These reductions come into opera- tion on September 1" next. For charging purposes vessels in Class

are those laden from ports or places outside Europe, the Mediter- ruscan, and the Black Sea, and vessels with transhipament goods frcan such ports or places. It also includes vessels loading for these ports or places. Class 2 is in re- spect of vessels from or for all ports in Europe "(excepting ports in Great Britain and Ireland)" and ports in the Mediterranean and the Back Sea.

The full reductions announced by the Port Authority are estimated to save users of the port £120,000. per annum, which brings the total reductions in port charges effected since 1925 to 'an anpual sum, includ ing the relief passed on by the Authority under the Government de-rating scheme, of £942,000. The total tommage of vessels that used the Port of London during the 12 months ended March 31 was over": 58,500,000 net registered toos.

Australian...

WINDOW GLAB

Fair average sizes

H

QUOTATIONS.

"... per ton $18.00 T1280

11,40 10.80

:::

$15.40

H.K. Kealtys $9

Cotton Mills

T.83 S'hai Cottons....

Ewos

Public Utilitiam.

Peak Trams (old).....

Da

(now)...

Tramways

Telephones (fully pol)

(part pd) $22)

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

T.102 Caldbeck,(ord.)

T10.40 Macgregors pref.) Canton icea comen Cements (comb.). $17.70

Do (old)...

IM

HIND!

8/0

CANADA, U.S.A., HozOLULU, JATAN and SHANGHAI (VABOGaver, B.C., 7th Aug)

·JAPAN 100: '

10

U.S.än Canada, Jaran and SuangeATĮ

(Seattle, 9th Aug.) · SHANGHAY and Amüt Jaran and BHANGHAI

·Calcutta and STRAITS. SHANGHAI and AMOT BAIGON

JAPAN JAPAN.

144

BOURABAYA****

SHANGHAIN Vie

La Plata Maru

Pres. Afadium Nanchang Kashmir. Ho Sang... Tysondari

OUTWARD MAILS:

REGISTERED and PARCEL MAILS are closed 13 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.

DATE and TIME

Wednesday, 27th,

8.80 M

10.30 A

Swabow

FOR

Japan, Honolnia San Francisco and

South American Forts

Saigon

Amoy

***

Ред

Karaisang

Ginyo Maru

Haihow, Pakhoi and Haiphong

Boibow

Amey and Formosa via watow BĦALOW...

Telemachus Taiyuan

Lamchow Kwesyang... Del's Maru Hydrangea

Shanghai, Japan and *ECROPE via Siberis Kushgar

Manila

Swatow, Amor and Formost... Bangkok via Swatow...

3.30 x M

5.00 x

Thursday, 28th,

8.30 AM.

10.30 AM... 10.80 M

3.00 9.30

5.00%

5.00 PX Kowloon P.O... Parcels 4.80 M Best 30th 9.00 E Letters 10.00

G.P.O

Par 29th; 5.00 Reg. 3th,9.45 M Letter 10.30, a w

Saturday, 30th,

5.00 PM.

Sunday, 81st,

9,00 A 9:00 a 14 SEPTEMBER Monday, 1st,

cola 11:00 AM

Anking

Canton Mars, Kalgan

Shanghai, Japan, Canada, U.S.A., *C. and *S. America and EUROPE vis Victoria, BC-duo Victoria, BC, 19th September

Pres. Cleveland

Beg. 11.00 AM.

Letters Noom

Chenan

Noon

Noon

Tuesday, 2nd

•10.30 &

1.00 #

4.15

5.00 z

Foochow

Shanghai, Japan and "EUROPE via Siberia Gen. Motringer

Emp. of Canada...

Beg. Latters

6.00 x x

Friday, 29th,

Saigon, Ceylon, India,

Manritina,

East and South Africa and. *South

La Plata Maru

10.30AM

American Porta...

TI2.40

1.80

Swatow, Amoy an i Fooshow.

Hai Ning...

Uanton

2.00 PM

T.94 Zoong Sings

T9.30

Haiphong

2.50 FX

Bosung

Amoy

QUOTATIONS:

American Patant per sack $4.65-4.90

Straight... Cut off Australian No. 1 Canadian Cut off. ........

$18.20 $18 $18.30)

$18.40

Straight

3.85-3.30 3.40-4,20 4.10.4.20 3.40-8.60 8.35-8.45

$121 $6.20

$13

Mixtazo...

2.25

$78

$241 8244 24

$78774/78

185

$191

323

Star Ferries $32

Straits, Ceylon, India, Mauriting, East")

and South Africa, Aden, Egypt an! EUROPE i Marsailles-dze 'Mars seilles, 27th September

Kashmir

C. Lights (old)...... $54.40

Do. (new)........... $191 H.K. Electrica 77 Macao do.

$24.60

$191

2nd Clent...

3.10

#11

Sandakan Lights...

Amoy

STOCK:

American

***

180,000 bags

835

.60,000

$23

$923

Do,

10,000

T.18)

China Busas ******

10/-

Tractiona

200,000 baga

18/6

Sundries.

Industrials

1/16” think (18 oz. $7.15) per bor $7.50 13.30 -1/87 China, India and Straits Produce. SUGAR

$17.90

8174/80

$12 563

Do, (new)...

Java Rough White...por pioul $7.80-7.95 $10.60

(Beported rales 6,913.50 pianis. Spot.) Java Rough White...per pleal $7.48-7.96 (Beported males 637 picals Ang, Oct Nov., Dec. shipment from JaTA) Jan Rough White...per pisal $7.76-8.00

(Reported sales 68,537

16,537 picula,

310.60

Bopes

$10.68

$1.40

China Sugars»«»*****

$27

Malabon Bugare ***

United Asbestos

To

$25 81

$25

Der A. Wing......a

$26

Amusements

$25

$10

Chin Entertainmʼta,

$1,90

$24

Constructions.

Lane Crawfords ...

82.76

$181

-Mackintoshi

Swatow

Nanyang Tobacco...

To $11,60

B12

$11 $11.95 $11.50

Watsons

$19

12.85

Wm. Fowells ..........................

#24

69"/

B. Ind. G.8 Bonds...] $1%

Shanghal, Japan, Canada, U.B.A, V. and 8. America and EUROPE via Van- couver, B.C.-lue Vancouver, B.C., 19th September

8%

H.K. Govt Loans.

$108

Hinang

Bandakan *

Manila, Bandakan, Australia, and New) Zealand via Thursday Island --- due. Thursday Island, 20th September ...)

Tanda

Letters Lettera

1.45 FM

2.80

WEEK DAYS.

SUNDAYS & HOLIDAY'S

Baturday, 8th,

Rabaul.

Bromerhaven

Noon

Frox G.P.O.

FROM ŠKEUMOWAN BRANCH P.0.

FROM G.P.O.

FROM-W 18x. UNGWA

arrive ex-named steamer.) Java Fize White per) $7.83-8:00

(Reported sales 620 DOL.)

Jara

Jars Bough Brown per pical 17.13 (Beported sales 1,815 piruls Spot.)

picul $8.88-7.08 Brown.....per (Reported sales 4,350 plonias. Aug.,

Oct, abipment from fara.)

ul $6.98-7.20 Java Rough Brown...per picul

(Reported sales 7,690 pienis, arrive ex-named steamer.) Jara Molasses... per picul $5.83 6.15 (Reported salos 21,222 pícula." "Spot.)

AMERICAN STOCK QUOTATIONS.

LATEST WALL STREET PRICES.

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

Tone of Market.--Woak.

No, of Shares done.-1,750,000. Call Money,-2 per cent.

American Smelting... Anaconda Copper ... Baltimore and Ohio Borg Warner .............................. Continental Oil Dinin City Service Common Curtis Wright Common Eastman Kodak Electric Boud and Share Erie Bailroad

General Motors

General Railway-Signal

Gold Dust pa

Goodyear Tire and Rubber Granby Consolidated International Cement International Nickt IMontgomery zerd,

Port Hates on Goods.A reduc tion of 5 per cent off the foreign faward and outward rates..

Back Hatce on Bessels The "unctione consisteinsipally of. Class 1 vessels, dues reduced br id, from 18. 10d to Jeod. per "n.r.t. des 2 vessels, dues reduced by id from Tu-10d. scale to bd- ad scale per nat rent on vessels reduced from 160 to fd per mrt per day, or, in the case of (Continued on next. Colugin.)

canada.Consplidated Radio Corp Bears Roebuck & Co. Simmons Co..... Standard Oil of New Jersey. Etandard Oil Co. of New York Union Carbide, and Carbon. United States Hubber United States: Steel-

NEW YORK, August 25, 1030.

Miscellaneous

Dairy Farms

Sinceres

10.75/-83

$18

841

Manila and Java via Sourabaya

Trisondari

Swatow, Amoy and Foodhow.....

Haiching

Mazila, Australia (except Thursday Island}

and New Zealsed via Brisbane-due Brisbane, 16th September

Sydney Maru..

LOCAL AND REGULAR OUTWARD MAILS,

BALECK

P.O.

(7:18 am,k] [7,30 a.zi, &;

17.15 &

Į 1500. p.z..

7.30 .. 7:00 pm

5.00 p.m. Sundays. Lop.m. only

7.00 pat

Bondays

ƒ 7.30 ..

11.00 PL

Last Dividend

Latest

Canton

Sales. 66

2.50

44]

None

Ung

Macso & Tuinaban

(7:15 am 1.16 p.

19

Kongmoon (except Saturdays)

6,00.p.m.

6.00 p.10.

6,09 p,ni,

7.15 am.

9.00

-

( 2,00 ́a.132, &

$8.00.p

30c

None

SB

..

None.

30

ទ”ខ្លួនត

Hankong (except Baturdays).

Tatskas (By Tra

Tai O

Tal Po

Bbumchun

Cheungchow

Stanley

Autsu, Pingshan, Sant!

Shatin,- Shatoukok

9.00

3,00p.m. 12.30 p... & 4.30 pm) Saturdays

4:30 pills

7.00 p.m. Lonly

(7.15 am & (7.00 sm, &.

{1:15 puta

Sundays 8.15 8.21. only

5.00 p.m.

7.15.a.m.

9.00 1.24. 0,00 8.70.

∙11.0 a.m.

4:11.00 2.BL

{& 4.30 pm.

1.80 m.

Sundars 8.30 am only 6.00 p

600

8,00

∙10.30 8.23,

Sbeangabal

Salkung y

4.30 pm

420 Pala

Numban, Shekki & Taiping

7,00 par

7:00 p.

(Famia).

Letter

4.30 PM:

Beg

Letters

Straita, Ceylon, India, Mauriting, EL and

& Africa, Egypt and EUROPE i Sarpedon Marseilles-des Marseilles, 1st Oct. '...../

Chip Shing Emp, of Canada

Bǝg

Letters

Kowloon P,0.

Reg, 4.20 PM

G.P.O.

15,00 6.00 PM

Wednesday, Brdy

8.30a 6.00 P

Parcels 8.00 FM Thursday, 4th, Hog, P.15 AN Letters-10.00 M2

{Friday, 5th,

Farçala Noon

19.80

Foodbow via Swałow a

Hangang

*Baperscribed

mes, only

FIRST BOOK YOUR PASSAGE.

and then send a Chit to 1 Ice House Street, ordering the Weekly Press to be sent to you for Three, Six, or Twelve Months or longerl Enclose Notes or Cheque for 34, 88 or 816, and

WE WILL DO THE REST