1930-09-13 — Page 12

12

Money and Markets

HONG KONG SHARES. buyers of Hong Kong Government

BENJAMIN & POTTS'

WEEKLY REPORT.

Since our last report of the 5th instant there is a distinetly better tone and more enquiry in the local

market, and although business-fas not been on a large scale, prices have in most instances marked an advance on the week. Investment stocks continue in good request and are readily saleable at quotations, but some of the speculative counters at the close have developed a slight ly easier tendency.

Banks-Hong Kong and Shang- hai Banks were booked in London at £110, but owing to the sepreity of shares offering locally the price has advanced to $1,523.

Marine and Fire Insurances.—An improvement is shown in Cantons and Hong Kong Fires which have buyers at 90 and 81,000 respective ly. Unions were realised again at $400 and more can be placed at this igure. China Fires continue in request at 8400. Underwriters have. receded to $2.65.

Shipping. There are enquiries for Douglas Steamships at 893). Hong Kong. Canton and Macao Steamboats are wanted at $234 and probably a little, more would be **Shell" Transports have paid.

Waterbonts slided back to 90/-. are obtainable at 826.

Loan at 8 per cent. premium.

Cotton Mills. Ewos have further strengthened and were bought at Tls. 12.60. Shanghai Cottons. at Tis 83) mark a rise

Rubbers.-The price of the raw material touched the now low re- cord of 33d, per lb. during the week presumably due to the breakdown of the Rubber restriction negotiations between Malaya and the Dutch London indicate a slight recovery East Indies, but latest advices from

in the price to 4.1/8d. per Ib. The following are the latest cabled quotations received from Shanghai. Buyers 83.10

Anglo-Jares Anglo-Dutch Batu Anams Chemors

Consolidateds

Kroewoeks

Repahs.....

Tanah Meraha Tebongs Ziangbes

HONG KONG DAILY PRESS, SATURDAY, SEPTEMBER 13, 1930.

BANQUE INDUSTRIELLE

DE CHINE.

REIMBURSEMENTS TO BOND-HOLDERS.

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE.

"SHAREBROKERS' ASSOCIATION.

Bjarn

Bellara

Sale Seminai

FRIDAY. SEPT. 12.

| Bujart | Sellers | Galer Nominal

FOREIGN MAILS

RADIO NOTICE.

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

The holder of repartition bonds in Francs of the Banque In. dustrielle de Chine are reminded $1,510 | that in virtue of a covenant to the Transactional Settlement Scheme, approved at the general meeting held in Faris on July 11 last, they will be reimbursed at 100 per cent. on September 26 1948, by of a delegation on the "Special Working Fund" bélong- ing to the Banque Industrielle de Chine, but at present at the dis, posal of the Banque Franco Chinciso in virtue of the contract

merca

$990 32.65 T.180

8110

Bank

H.K. Banks

Do. (London)

E16 Chartered Banks

Mercantile Bks. "A"

Do..

| $1,320|

FROM

MANILA MANIGA

T

1

INWARD MAILS,

Pxa

Dus

19th Sept

13th Sept.

13th Sept

14th Sept

16th Sept

15th Sept.

y

16th Sept.

16th Bipt.

16th E

16th Sept.

17th Sept.

SHANGHAI and SWATOW SHANGHAI and Amor

MARILA

SLACH

CALCUTTA and STRAITS STRATIN

AUSTRALIA and MANILA

...

Muensterland Zoma Seachers. Thikarung ... Fre. Pierce Andre Lebon Kutang Van Hessian Aki Maru.. Sphinm Tibadak Sama Maru Kashima stare Mabinis Alaru

-17th Sept

19th Sept. 20th Sept. 20th Sept

Bank of East Asia.

$115

Insurances

Canton Insurances.

3993

Underwriters

$1.75

North Chinas, be................!

T160

JAPAN and SHANQUAI

$150 8455 $355

3400

Union Insurances ...

$450

BATAVIA

ML#30 Yangtaze Insurancos

*་

200

JAYAK...

China Fires

$400

$1,000

H.K. Fires

***

$1,000

1.75

20

Shipping

163

of Gerance, unless they will pre

裂强

$287

1.50

Douglases

$201

Steamboats

.90

$40

Indos (pret)

63

$43

$36

Do. (del)

.75

90,-

Shell Tiansports ...

899

434

Water-boatama

1829 18

** Mining

49

Benquets.....

30%-

Kailans

1.81

1.10 3.73

den is 1/3.9/16 and on Shanghai Exchange The T.T. rate on Lon.

Days.-

and

Forward Settlement September 20, October 98 Yavember 23, 1930.

BRITISH COAL INDUSTRY. DELEGATION'S FORTNIGHT'S TOUR OF SCANDINAVIA.

BRITISH WIRELESS SERVICE]

Docks, Wharves and Godowns.

ICGBY, Sept. 11. Kowloon Wharves have. weakened a

The Parliamentary Secretary to little and after sales at 8183 are on the Mines Department, Mr. E. offer at 8162 China Providenta Shiawell, and a delegation repre- were bid up to 83.40. the market sentative of the British coal in closing with buyers at 85.35. Adustry generally, leave London this further decline has occurred in week-end on a fortnight's tour in Whampoa Docks to 835 Hongkew Sweden, Norway, and Denmark, Wharves have appreciated to Tla. They will reach Stockholm on Mon 273. Shanghai Docks are quoted day, and will also visit Oslo, Tls. 117 nominal.

Bergen, Gothenburg, and Copen Lands, Hotels and Buildings.-hagen in turn. Hong Kong and Shanghai Hotels All exporting coal fields, as well are, much firmer and are enquired as coal exporters will be repre- for at 311.20. Hong Kong Lands sented in the delegation, whose wanted at 8752. There are purpose will be to study the Sean- buyers of the "Rights" at 8131 | dinavian market with a view to after transactions at this rate. improving the demand for British Realtys are coquired for at $8.50. coal. Humphreys Estates are to be and at 916. Shanghai "Lands were sold to the North at Tis. 297.

are

Public Utilities-Hong Kong Electrics have hardened at the outset and were negotiated to a fair extent, at 879, but closed with sellers at 8781. China Lights (Old) were also a little firmer with trans actions reported at $25. At: the close they are to be had at 8947, Hong Kong Trams have fluctuated between $18.15 and $18.20,

Island

|

This will be the first occasion on which a delegation of inquiry has been fully representative of all the interests involved.

The new Coal Mines Act, by providing for the organisation of the mining industry, both nation- ally and by districts, has made it possible for the industry to deve

op a national policy in regard to foreign markets.

49

LOW PRICE OF RUBBER. NO ALARM FELT BY DUNLOP COMPANY.

Peak Trains (Old) changed hands early in the week at $13.10, but buyers have now sprung their rate to $13,40 Telephones (Fully Paid) are still in request at $35, but the Partly Paid shares have fallen away to 9223. "Star" Ferries are slight-

{THROUGH LEUTER'S AGENCY.] ly lower and were put through at..

LONDON, Sept. II. $89)

Miscellaneon. - Green

Sir Eric Geddes, chairman of Cements (Combined) stiffened in the Dunlop Rubber Company, bas the early part of the week to $18, circularised the shareholders stat- but the demand was not maintaining, on behalf of the Board, that ed and shares are now offering at the present abnormally low price of rubber is due to the aftermath this rate. Hong Kong Ropes were taker off the market at $114. Dairy of the policy of restriction, assist- Farms were booked at various rates ed by the decreased consumption in up to 8264 but finished up with consequence of jatense world trade sellers at 8260. China Sugars depression... fetched 81.15. Hong Kong Coa- structions are enquired for at 81.60. The Capital of this Company has been reduced from: $1,000,000 divid- ed into 100,000 shares of $10 each to $200,000 divided into 100,000 shares of 82 each, by cancelling the capital which has been lost or is unrepre- sented by available assets to the extent of 88 per share. There are

The circular state, that with the Dunlop plantation properties in their present magnificent condition, and their low present costs and loyer estimated future copts, the Board sees nothing alarming in the decision of the Governments concerned that the law of supply and demand shall rule the planta tion industry in the future.

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 Meagra. Swan, Culbertson & Fritz, Sassoon House, Shanghai, fcable address; “Swanstock," Shanghai), who are not responsible for cable mutilations:-

Tone of Market.-Easy.

No. of Shares done.-1,750,000. Call Money, -21 per cent.

-American Smelting on.

Anaconda Copper

Baltimore nad Ohio ..........

Borg Wamer.... Continental Dil

City Service Common

10:

NEW YORK, Sept. 11, 1930.

Last Dividend.

Latest Sales.

60.

3.50

43

100

30

None

20

Curtia Wright Common

None

Eastman Kodak.............

5B

Electric Band and Share

General Motors

30

General Railway: Bignal

Gold Dust

Goodyear Tire and Rubber.

Granby Consolidated ...

International Cement

International Nickel

Montgomery Ward

Radio Corp

Radio Keith Orpheum Bears Rotbuck & Co. Bimmons. Co.

Standard Oil of New Jerses. Standard Oil Co. of New York Union Carbide and Carbon...... United Alteralt and Transport United States Rubber United States Steel

None

None.

&

213.

2

··1.80/ 2.00

80

None. NoDe

for an anticipated reimbursement, at 20 per

cont. which will be offected to them immediately against "rendition of their bonds

remit before December 1930, at In that case they will have to

the Banque Industrielle de Chine's head office in Paris, or at any of the branches of the Banque Franco Chinoise acting on the former's bohalf:-

1. Their repartition bonds,

2. A "demand addressed to the Transactional Settle- ment's Commissaire, (forms may be had at the local branch of the Banque Franco Chinoise).

Holder, who have not done so by November 30, 1930, will be. without exception, or reserve, considered as having renounced their option for an anticipated reimbursement above determinated, and as accept ing the integral payment of their rights only from the September 26 1943."

EXCHANGE RATES.

ESHITISH WIRELESS SERVICE.]

Paris New York Brussels "Geneva

RUGBY, September 11..

AB

T1.30 T.61

11

THEM!!

Langkats (comb.)

Do (single).

Explorationantza

Shanghai Loans ...

$23 Raubsztetedernios Tronoh Mines *****

H

Ini

$85

JAFAR and SHANGHAI STXATTS

U.S.A, BOTOLULU, JAPAN and SHANG- Hai (San Francisco, 22nd Augurt) .... 0.8.A., HONOLULU, JAPAN and OxaxoĦal"

(San Francisco, 9th Aug.)... CANADA, USA., HONOLULU, Japan and

SHANGHAI (Vancouver, B.C., 4th Sept.)]

Pru. Harriscis

Pro. Taft Emp, of Japan

22nd Sept.

24th Sept.

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 a.m. registered and parcel mails are closed at 8 p.m ca the previous day.

M

you

26,2 T14.40 37.40 T.1

T6

14/

14%

FOR

Pr

Docks, Wharves,

Godowns, etc.

$162

H.K. & K. Wharfa...

$3.35 88.40 $5.301-35

Providents....

$3,35

H.K. Docke

$161

$38

$5.30

Straits, Caylon, India, Mauritine, East and South Africa, &den, Egypt and EUROPE via Maravillos-due Mar- seilles, 10th October

Maniva

T.117 T71

Shanghai Docks

11

New Engineerings

Hongkews

T.275

$38

$11.20 $11.45].

$784

Buildings

Lands, Hotels, and

H.K. & S. Hotels... $11 H.K. Lands cam.r

Do., ez rights Do., Shangnai Lands....

al

$781

$112

$79

$75

$13)

$13.65

rights vis

"981

$16

#87

H.K. Kealtys ........................ Humphreys ...............

89

$13.45

Chiness Estates

Cotton Milla

T12.60

##

***

Ewos

T.89 Sumi. Cotton 1.94" 4oung Sings

8112

Public Utilities

Tramways

Peak Trame (di) ... Do. (EBV)...

Star Ferries

C. Lighta (old)... #24.60

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

H.K. Electrics .......

Alacao do.

Sandakan Liglita... Telephones (fully pd.)

TOBUS

++

T12.40

*TL

T.80

19.30

$12

$51

$83

$201

$79

201

me

Dat

ມາ. (part pd.) $ China Buses

3:21

0/0

123.825

4.881

34.86

25.035.

$18.10 $13.40

Amsterdam Milan Berlin

12.074

82.55

131

20.415

$247

Stockholm

18,096

$18

Copenhagen

879%

18.16

Oslo

823

18.17

"Vienna

34.435

Prague

1834

835

$2xi

Helsingfors

1934.

Madrid

44.55

T.191

Lisboa

Athens

108.05

375

Bucharest

818

Industriali

Rio

5

414

T.10

Caldbeck, (of)

412

F10.

Macgregors. (prof.)

Holiday

1/72

$18

1/30

$19

..Do

(old),..

-2/0 23/32

304

Uo. (now)...)

$114

Воред менен

$1.15

China Bogars .....................

827

Malabon Bugars...

#14

$5

Buenos Aires

Montevideo

Bombay

Shanghai Hong Kong

Yokohama

"Silver, spot & forward 18 #

4

TO START A FACTORY IN CANADA.

BRADFORD WEAVERS FOLLOW

THEIR MACHINERY.

$1.80 $2.85

PH

Tractions

Do. (pref)......

Cunton Aces $2.61 $2.80 Cements (comb.)... $17,80

United Asbestos

DATE and Tran

Saturday, 13th,

Australia (except places North of Towns

ville) and New Zealand via Singapore and Brisbane-due Brisbane, 4th Oct. Fort Bayard...

Takso

Shanghai and *EUROPE via Siberia

Strait,

Mantua connecting with

| 8.8. „Fismo Hui-

Lund at Spors. Wing Los..

Amar

Kowloon P.O.. Bog 9.00 ▲ 20 Letters 10.00

G.P.O. Beg. 8.45 & M Letters: 10.30 AM

ན་

Beg.

9.15.AN

Letters 10.00 a m

2.30

$.30 F

Zorma

2.30 F

City of Lille Pris. Jackson Telemachus

4,00 P

4.30 PM

5.00 I M

Sunday, 14th,

Kaying Janion Maru

9,00 AM

9,00 An

Monday

15th,

3.00

Farcelo

3,00

Pru. Pierce

Rog. Pa

Letters Bag. Letters

5.00 6.00-Pá

6.00 PX

3,50

Manila

Saigon

Bangkok via Swałow...

Swałow, Amoy and Formoss

Swatow...

Japan, Canada, U.S.A., C. and S. America) and EUROPE via Victoria, B.O due Victoria, B.C., 3rd October

Shanghai and EUROPE via Biberia Amoy

***

Manila and Java via Sourabays Swatow, Amoy and Foochow

#

Straits, Ceylon, India, Mauritius, E. and}

8. Africa, Egypt and EUROPE via

• Marseilles-dée Marseilles, 16th Oct,

Saigon Caylon, India, Maurītīmu,”

*East and South Afrios. Aden, *Ray! and RUROPE via Marseilles -due Marseilles, 18th October Swatow and Amoy

Swatow

Japan

...

Struita and Calcutta Amoy

Hydrangea

Pres. Pieros Chinhwa j---

Tuesday, 16th,

10.80 am

1.00 PM

Kowloon 1.0.

Tikarany

Haiyang

Mensiana

Beg. Lottera

Bag,

Sphine.

Fan Hous

100 м

1.00

.G.R.O.

Letters 2.20° a Kowloon P.O... Reg

1.00 P w

· Letters 3.00 PM

G.P.O,

Beg. Lettors

1.15 9.00 PM 5,00

Foo Shing Aki Mara

Wednesday,

17th 8:30 A

Farcels ...Lettárs

JUA M Noon

1,00.

Tainan

4.80 M

$11.30

$29

Shanghai, Japan, Honolula, U.8.4. Canada, Central and South America, and *EUROPE via San Franciaco----- dve fan Francisco, 9th Oct., and *EUROPE via Siberia

Asama Maru

Beg

5.00.

Miscellaneous

Kum Bang

5.00

$26.40 $26.60

$1

Dairy Farms.

$26.60

Amoy

IN

Der A. Wings.......................

$24

Amusements *******

325

$10

Chin. Entertainm'ta $10,

Constractions

$1.90

་་་

Lane Crawfords

$1.85

$19

Mackintoshs

Nanyang Tobacco...

$11.60 Sincere ............

Swatow, Amoy and Foochow....

Straite, Ceylon, India, Mauritius, East sody

South Africa, Aden, Egypt_and EUROPE via Marseilles-duo Mar- seilles, 19th October

Hai Ning

Kashima Mars

"

Watsons ASETONOVA $2.85 Wm. Powells......... 61*/

$18

prom

B. Ind. G.8 Bonds... 61% H.K. Govt Loans ...

$108

Eohow, Pakhoi and Gaiphone

Chengtu

WEEK DAYS,

FOL

FROM G.P.O.

FROM BURUKOWAN HRANCE P.0.

FROK G.P.O.

SUNDAYS & HOLIDAYS

FxOx= BURUNGWA

Manila, Australia and New Zealand vis Thursday Teland - dus Thursday Leland, 4th October

Taiping

BRANCH

P.O.

Mazila, Australia and “New Zealand via")

Thursday Island-due Thursday Is land, 6th October

Atoula Maru in

¿7.15 am, &) (7.30 am, k

$7.15 mm. & 2001 p.m.

7.30am) 7.00 p.m.

5.00 p.

7.00pm Bundays

Swator Manila

8.30

LonlyTM:

Twelve Bradford serge weavers, all under forty years of age, sailed from Liverpool recently on the Canadian Pacific liner Duchess of $11.80 $12 Bedford for Canada. They are the nucleus of a staff to equip a new factory built at Huntingdon, Que-] 8% beo, by Hiram Leach & Son, merge manufacturers, Bradford. Sixty looms and other mechanical plant have already been sent from Brad- ford to the new factory, and about sixty employees of the firm will sail shortly for Canada.

Mr. David Clark, a principal of Messrs. Leath, told a Press repre- sentative at Liverpool that his firm found themselves handicapped. "Until the Government makes up its mind," he added, "to encourage British manufacturers by protecting them against foreign competition they cannot expect us to extend our business activities in this country."

Canton

LOCAL AND REGULAR OUTWARD MAILS.

Macaé & TxinaÜan

$ 7.15 min. & 17.30

L15 p..

11.30 p.m.

6.00 p.m.

6.00 p.m.

·0.00 pe

6.00 p.m.

47.45 Bu

0.00 am

(9,00 m, & 8.00 p.m:

7.15 am. 1,00 Bolly 9.00am,

) 0.00 ́à‚m, &

Kengmoon (except Saturdays)

Kankong (except Saturdays).||||| Fatahan (By Train} Tki (

Sailors of the United States, Navy will get their talkies afloat as well as on shore by the time the next winter cruise begins. Dificult problems encountered on ships have caused the long delay in adopting the modern forms of moving picture. entertainment by Tai Fo the Davy New equipmont had to be devised and work on it has been speeded up, so the navy expects to let contracts in August. Approxi mately 8500,000 will be spent for Cheungchów the new machinery. Before the

Shumoban

Autau, Pingahes, Santin,

Shanghai, Japan and EUROPE via Sibern Futakimi Mars

"Superscribed

Bopsing Empress of Jagan

respondence only.

Lot, 18th, 880X

Thursday, 18th,

Friday,

19th, 2.00

Kasaloon P.0. " Bog, 480 x (Let., 20th, 9.00

G.P.O.

Reg. 845x

·Letters 9.80 a m

Baturday, 20th,

8.30 8.30PM

Monday, stad. Parcels 5.00 PM Beg 23rd,9.45 M. Letter 10.30 a. M-

Tuesday, 15rd, Reg.

Letters 9.30AM

Wednesdiny, sz

8.30 A

3.00 p.m 12.30 p. & 4.30 pau. Saturdays

1.00 p.m. &

Sanday (sp.monly 7.00 pm.

(7.15 am & 17.30 am, &

1.16 p.tile

Sendaya

| 5,15 MAR.

{enly

11.0 ata

(11.00am.

&4.30 p.m.

8.30am 1.00 pm

10,30 am.

1.30 pm Sundara 8.30 am (only

6.00p.m.

6.00 pm

Interested In Wireless?

Then look for some

interesting news in the...“ Daily

next Thursday.

Press

4.30 p.m. 8.30 a.. 100p.m.

Shatin, Elataukok tanıd Shengshal

8.00 pam

Balkung.. Nambar, Shokki & Tais

(Faratin)

-4.80 p.m.

4.30 p

1,00 pm

"talkies" became so popular the Aberdeen 000 silent pictures produced an Stanley nually were ample for the navy to make its selection. Now the silent production has fallen, so" only 00 will be available this year

Tho sound picture equipment will go on 200 ships