1930-09-23 — Page 12

12

Money and Markets

GOSSIP

FROM THE SHARE MARKET.

A WEEK OF RESTRICTED BUSINESS: RATES REMAIN STEADY.

FREE ADVICE FOR INVESTORS.

Ciaip often moves the market, but no investor should either buy or sell on market gqssip only.

LANE

CRAWFORDS - These have improved to $3,35

REPLIES TO READERS.

column thin Every week "in Kufan replies to correspondents who may have questions to put re- garding the prospects of any stock quoted in Hong Kong, Shanghai or Singapore. Questions regarding principles, practice, and custom can also be dealt with.

Business during the week under review has been somewhat restrict- ed, and rates consequently have not shown any considerable movement one way or the other. Whatever inquiries there had been for shares were promptly met, and no fancy prices had to be offered.

to believe There is no reason that the September settlement is weighing down the market, for it seems from the absence of inquiries that, the Settlement position is pretty well covered, and what littleKufan," care of the Editor of reias to be straightened out will this paper, and to give their names and address. It is desirable that be done within a few days.

A nom de plume bo also included, in order that readers can readily identify the answers intended for them.

For the present week there should be little doing in the market, as everybody appears to be "holding. off" until the settlement is over. We shall then probably see some notivity. In its present state the market is not conducive to good business, as neither speculators nor investors feel they should buy or sell with a heavy settlement hang ing over the share maricet.

*

BANKS-As much as $1,525 was paid last week for these shares, and the market closed with further buyers at this figure.

UNION, INSURANCES- There was a slight improvement during the week, and business on a small scale was reported at 8:30 and again at 8-36. Sellers are scarce at the moment, and buyers will probably pay $453 for any shares that may be offering.

.

CHINA UNDERWRITERS -- After sales had been put through at 82.90 there were further buyers in the market, but sellers are now holding out for more.

*

CANTON

Correspondents are asked to fi up the coupon appearing elsewhere address their. queries to and

Every effort will be made to give as full and detailed a reply as possible, but no responsibility what ever is admitted by the writer in so doing.

Those who have written for in- formation last week will find an swers to their queries below:- M.G.S-1-(a.) Yes $10. (b.) No. (4) Yes 924. (d.) Yea $15. 2. In the case of (b.) I think they will rise to $21/22, 3.-Regret cannot confirm. 4.-Yes, certain ly, but you must not buy any stock that is "puffed."" FROZEN.-Sell your shares. Re-

*

, 1

HONG KONG DAILY PRESS. TUESDAY, SEPTEMBER 23, 1930.

IMPORTS PRICES

CURRENT.

The reports and prices are published sa applied by Importers, and the Chamber cannot accept responsibility for the kocuracy thereof.

Metala.

Bome new business booked, local mar ket mail demand,

galvanized

Black Tabos

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE.

SHAREBROKERS" ASSOCIATION.

Sarees

Ballara

Balvu Nominal

MONDAY. SEPT, 22.

Buy Bellera

Balen Nominal

"Banks

FK Bankissa. $1,525

Do. (London). 16 Chartered Banks... £361 Mercantile Bks. “A”

Da Bank of East Anik, „Į

$1,530

ISOK AND STEEL;--

QUOTATIONS. Continental

£108

Etool Nail Rods...

Per pical

#

Bara (round to 12)

$6.00 6.25

***

Anglès

€ 25.

13

$110

Bods

5.75

Joists

5.30.

Sheets (4' $7.00) "

9.50

Plates

6.20

Small round rods

6.75 $1,010

Canton Insurances.. $1,020)

Hoops, black stoel.

7.95

$1.99

Underwriters

$4.85

14.40 1.160

Galv. Tubes

iscount 73% a. & f.

63%

North Chinas.******

$460

Union Insurances ...

Wire Nails, 11-3

Galvanized corrugated ahta,

2+26.

$400 ... per 100 lbs. 24 $8.60 $1,070

por picul $9.40

M.850 Yangtare Insurances

....

$1,050

$83

$25+

17.50

པ་་

17.50 17.80

Galvanized flat sheets, 1/39,

1/8

... per 100 lbs 25 G310.60 Galvanized 3/337x4x9 perla $13.75 Galv. wire, 18/22 .per ploul-14.40 *Drit. Coat. ***For picul $17.30

LaD

BM., Spot

To arrire Australian-BHP.,

'Spot..." ***

To Active-

TIN PLATES ---

**

#1!!

per b box 14.80

T

14.30

15.00

15.00

T1.30

1.6

$231

***

***

140

Continental

English I.C.W, 20" x 16",

100 ba, Spot English 1.0.W., To arrivo English I.C.W, 18 x10”,

110 lb. Spot English L.C.W. To mire...! American I.C.W. (Spot) 20x 14"

100 lbs 118 sheets par bor...Nostock American I.Q.W., To arrive 20x147

100 lbs., 112 sheets... per box $17.00

Petroleum Products.

British. Warri RoSE BRAND COMTT BRAND Сост

"

BRAND

...per case $8.ES

Woo

China Fires

H.K. Fires

⠀

FOREIGN MAILS

On and after Wednesday, 1st October, the entrance to the Farvels Delivery: Section of the General Post Office will be in Des Voeux Road opposits Measra. Whiteaway Laidiaw's Store. A

Parools for posting at the General Post Office should still be handed 'in, as at present, over the counter in the Publis Hall

RADIO NOTICE.

Individuala and firms are recommended to register their tale- graphia address at the Radio Ofics. No charge is made for this.

INWARD MAILS.

FROM

Pri

Dus

Branoias and Swarow

F.

· JAPAN 201

SHANGual and Swarow

Kingyua Heiyo Maru Suryang

:targuri and Arrari

T160

AMOT and SwazOW..... STR.18

Cui Sang Fan Heuss

TRO

23rd Sept 24th Sept,

24th Sept 4th Sept 14th Sept

Nagpore

14th Dept

$60

CANADA U.S.A., HONOLULU, JAPAN and a

SHANGHAI (VARGOuver, BC, 4th Sept]}] Busora via Suar (Lettare and papers,

Big, of Japan

14th Sept

Shipping

London, 18th Aug, and parcels, dlat August)

Khyber

26th Sept.

BHANGRA and Axor ·

Tydadak

18th Sept

Douglases

8281

BAIGOS

Steamboats .........

st

Indos (pref)magienn

$43

Jayan and Bhanghai

$35

Do. (def.)

B-10

SHANGHAI

Shell Tisasports) --*|

£8/3

STRAITS

Porthos

Tjipondok...

Grand Meisinger Patroolitse

Oremer

he Suth Septe

-39th Sept.

30th dept.

30th Sept

Sota Bept

Water-boats

$31

BATAVIA

Tisondari Nellore

Istot 5th Oct

Brining

$40

89

32/6

MITH

$160

127/1

$3.

Banqueta...

Kailans

Langkate (comb)...

Do. (single)

Explorations.my s Shanghai Loans Raubs

Tronoh Mines

Docks, Wharvas,

Godowns, elc.

HK. & K. Wharfs... Providents (old) .... Do. - (док) HK: Dooks..... 117 Bhangbai Docks 17.30 New Enginearings

Hoogkaws...............

J

Lands, Hotels, and Buildings

$13

HK S. Hotels$10.90 $11.10

B

0.49

6.43

豹手

9 tins 8.10

$35

T280

bulk 8.60

Ciao 10.35

£2.49

BocoNT MOTON GASOLENE ...

van LIGHT CROWN BRAND”, CROSS BRAND

8 i gulls. Tilba balk 8.24

8 tina LANT Glass ...'

5.98 SHELL MOTOR SPIRIT

case 10.35

68 lbs. 2 tins 9.10 8i galla. 68 lb. bulk 5.50 71 lbs. 2 tine 5.84

get

YIN FOO

garding the second part of your letter, there is nothing to show that the company is being too heavily burdened with overhead." ZAGO MOTOS SPIEIT The directors' fees appear reason. able. The managers draw a small

gal ex pump 1.15 Coals. QUOTATIONS.

commission in spite of a loss KALPING-No. 2 Lamp... per ton $19.00

shown in the balance-sheet, but

not knowing the arrangement, we

Cannot say that is unreasonable, The amounts written-off for the

and

INSURANCES HONG KONG FIRES were taken taken up at $1,040 and 81,075 re- spectively, although quotations are much below these figures...

DOUGLASES Shares were offer- ing at 828.23 after business bad been done at $28.50..

STEAMBOATS" remained at" 805,25 with little demand.

STAR FERRIES These shared are also fairly steady at the

the moment,

being quotation around $53,...

LANDS-These shares are also quiet, and there was little business. They can be obtained at about 878.50 cum rights.

M

HOTELS-Quite a good bit of forward business was done in these shares, but the cash rate was only about 811, and I think at this figure further shares can be placed.

REALTYS-These shares" were offering in the market at 89 but no buyers were forthcoming, and even at a little below this figure buyers

seem scarce.

*

HUMPHREYS—A small inquiry was easily satisfied at $15.40, and at the close there were sellers at 813.43.

*

No. 1 Stack

No. 1 Slack

Flour

D

past year for machinery and MAHT:~~~very weak. buildings appear very small. The QUOTATIONE working account shows & loas, büt without details it is difficult to say whether any reasonable say- ing might have been effected,

EXCHANGE RATES.

[BRITISH WIRELESS SERVICE]

Rucay, Sept. 21:

123.69

American Patant...per sack #465-4.80

Straight Cut off Australian No. 1 Canadian Cut off

Straight Mixtare

2nd Clear...

STOCK:

American "Canadian ... Australian..

30,000

10,000

Don

Kamphreys

26,3 [114.40 $7.40

TAL

14/0

$158

$5.35

T.118

1.7

Sky

82

***

8/9

JATA

Austrii, and Manità

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 5 p.m. on the previous day.

Fox

PER

"DATE and TIME

Tuesday, 13rd,

Pres. Jackson

8.30A

Almuta Mlavat

Reg.

Emtters Reg.

8.45 AM

9.30 AM

9.45 & M

Shanghai, Japan, Honolulu, 0.8.41

Canada, Central and South America and EUROPE via San Francisco– dus San Francisco, 15th Oct, and *EUROPE via Siberiame *Manila, Australia and New Zealand vis Thursday Island-due Taanday Island, 6th Octäber

*Manila, Australia and New Zealand vin due Thuraday Thursday Island

Batavia

Taiping

Třikembang

aland, 4th October

$10.95

$78

H.K. Lands on. I

$79

2 tims J.

bulk 9.60

$76 876 $131

+

130..

of rights $744

Swatow, Amoy and Fooobow

rights $131

Manila

gallon (ex pamp) 1.15

T.305

Shanghai Landa ....

triste

case 6.49

J

H.K. Realtys

$84

88,80

6.23 10.35

Japan,

Fort Bayard U.S.A., Central and

Wing Loo..

Hatching.... Royal Prince

Glanamay

Letters 10.30 AM

10.00 & M

1.00 PM

1.80 r >

9.30

·9.90 M.

$16

•

8154

$87

Uhinese Estates

Cotton Milis

Bouth America and EUROPE TE Victoria, BC-da Victoria, BC, 15th October.

Bikawa Mari

Reg. Letters

4.15 PM

5.00

**

Beg.

15.00 pw

11:40

10.60 T12.60

Ewas *****

Shanghai and EUROPE via Siberia

Hikawa Mar... Pros. Taft

"....

T24

Susi Cottons....

Manila

T.821

T.10

L10

Haiphong

Swatow...

G.G. A. Sarraut Hoping

Letters -:6.00 P w

430 M: 5,00

5.00 7.5

Public Utilities

Wednesday, th,

8.30-8.90 $18.20 3.35-4.00

$13.60 3.30-4.25 86.50 8.40-3.66

$83

Tramways m Peak Trams (old)...

Da (new) Star Ferries.

Heihow, Pakboi and Hai

Chengtu

$18.16

Amoy

Taiyuan

$18.80

Manila

Empress of Japan

9.30 AM

·3.30+

3.30M

Thursday, 25th,

3.85-8.13 $35

C. Lighta (old)...............!

$95

Van Houten

Straits

3.25

$391

11.

3.18

$78,60

€79

$78.60

{LLOW}***** BZUŁ HK. Electrice

$73.66

323

Macso

do..

Amoy and Formoss via Swatow Amoy and Japsa

TE

9.00 A

Deli Mary

Bui Sang...

1080 15,00

60,000 bags

Sandakan Lights...

Friday,

$35

Telephones (fully pd.)

$12

110.

(part pd.)

1.18

China Buses .....................

120,000 bagi

Paris New York Brussels

Bi

Tractions

197

Do. (pref.)

4.85 1/16

Haisang

Kashgar

34.83

Industriais

Geneva

23.045

Amsterdam

12.00

Milan..

.82.80

1/16" thick (18 oz.) 1187

•per box. 15.00

$6.80

T.10

Caldbeck,{{ord)

20.395

China, India and Straits Produce,

10.40

Macgregors (pref.)

Canton ises

Stockholm

18.09

STUAR

Coperhäien

19:16

Oslo ......

18.17

Vienna

34.435

Jars Rough White... per pical $7.43-7.89

(Beported sales 825 picula. Spot).

Java Bough White...per pical $7.45-7.88 $17.60 $17,65 17.65.80

$12

ᎠᎴ (old)...

$04

Do,

(new)...

1634

133)

nical $7.13-7.50

(Reported sales 31,782 picals. To $11.30 $11: $11}

arrive ex-named stester.)

Bope

31.10

Tumsang Anking Chipshing

10.80 M

Kowloon P.D. Parcels 4.80 ̧v m Beg 27tb,9.00 AM Letters 10.09

G.P.O

| Par, 26th, 5,00 v/M

Bog, 27th,9,45 - Letters 10.30a

Saturday, 17th, Parcels Letters

$27

45.25

108.25

NOOK

100x

5,00 * *

6.00 PM

5,00

6.00 x 1

373

916

4 31/32

8861 $26.80

40 1/16

$1

Der & Wings

Kalgan

41

1/3 3/10

(Reported sale

$254

$10.

32.25

1/7

-1/3 11/10

(Reported sales 10,881 picola

Java Bough Brown... per pioul $6.50-5.38

$3.40

Το

932

€3.25

Hoihow and Bangkok

9/07/16

18 15/16 107

NİTİTƏ EX-ZEMed steamer.) Java Molasses par picul $6.78-8.35 | salen 23,817 picule. Spot) (Reported

$19

Sandakan

Kiungchow Hingungen

24

$11.60 incures $1} $11.90 Watson5 | and

$2.85 Wra. Powells......

$19

***

B. Ind. G. Bonds.. 81% 62% H.K. Govt Loani

Japan, U.S.A Ogheda, *C. and *S.America and EUROPE is Victoria, B.Q.- due Victoria, B.O., 17th October Shanghai and EEROPE via Siberia

Fra. Taft

Pru. Tall

$108

Berlin

Prague

Helsingfors Madrid Lisbon Athens.

Bucharest

Rio

Buenos Aires ............

Montevideo

Bombay

Shanghai Hon Long

Yokohama

Silver (spot),

་

EWOS-There was a good deal of fluctuation in Ewos during the week, and from sellers at Tis." 11.60 the market rqge until Tis. 12.50 buyers at the close.

་

CHINA LIGHTS-Quite a num- ber of cash and settlement: shares were purchased during the week at. $25 to $25.25, but the market closed eney at 9. New shares were sold at $20 to $90.25,

CEMENTS Shares I think can be purchased at $17.76. During the week & little business was done at this figure and at rates up to $17.90.

CHINA PROVIDENTS - There appear to be no inquiries for these Quotatione stand at a shares. little over $6.30.

ELECTRIOS HONG KONG changed hands at $78.50 to $73.75, and buyere are in the market at the latter ɓgure.

DAIRY FARMS Shares changed hands at 828.75 and later at 898.60. HONG KONG ROPES attracted Home attention during the week when they slid down to $10:50 They were quickly snapped up, and They were soon fetching $11.60 closed weak, however, at 11,0 sellers

HONG KONG AMUSEMENTS There are buvera at $5.50 for these shares

CONSTRUCTIONS -Shares are wanted at $2.10. A small business was put through last week,

Silver (forward)

Sundries.

WDIDOW GLABS***

Fair average sizes

Java Hough Whitton Sept.,

(Reported sales

Oct,

OP NOT!!

Doc., shipt from Java) Java Fine White per picul $7.78-7.93 (Reported males 6,635 picule Spot.

pital $8.19-6.98

·JATA

Brown.per Reported sales 5,610 picnia. Spot)

Brown..per nical $6,25-6.58

sales 25,246 picule. Sept, NOT shipt, from Java.)

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 Mesars. Swan, Culbertson & Fritz, Sassoon House, Shanghai, (cable address: "Swanstock," Shanghai), who are not responsible for cable mutilations:-

Tone of Market-Steady. No. of Sharts done. 750,000% Call Money 2 per cent.

American Smelting

32.80.

Cements (comb.)... $177 $17.20 17.890

China Sugars saeciamus

Malabon Bogars.

United Asbestos

scellaneous

Dairy Farms LAGDA

Amusaments.nsion $254

Chin. Entertainm'ta 310 Constractions

Lane Crawfords....

Mackintoshsanporai

Nanyang ToboCO

$26,70

RIGH

Shanghai, Japan and EUROPE via Slberin Khyber

watow, Amoy and Focchow"

Straits, Caylon, India, Mauritius, East and Bouth Afriss, Aden, Egypt and.. EUROPE - Waranilles--dne Kar-

fles, 25th October

18

$44

Straits and Calents"...

$111/30

Amoy

$59

LOCAL AND REGULAR OUTWARD MAILS,

هم 35.00

8.30 4. Lonly

0:00 pm 8.00.p.221

Foochow vis. 8«atow

Shanghai, Japan Honolulu, U,B.A.,

•Canad*, *Or and *8, America, and EUROPE via Ban Francisco~~~ due Ran Francisco, 22nd Oct, and

EUROPE via Siberia

Bangkok via Swator

Manila and Java vis Sourabaya Japan, Honolaid, 'Ban Francisco "and

"South American Porta

Saigon. Straits Uavion, #India, #Mxtrl- tius, East and South Africa, Aden, *Keypt and EUROPE ría Marsciliou

-due Marseilles 1st November

Swatow, Amoy and Foochow...

Tuiyo siaru

Tfibadak

Hriyo Maru

Gral. Malaingar

200

Hot Ning

Patrocle

Straita, Ceylon, India, Mauritius, E. and 8. Afrios, Egypt and EUROPE vis Marseilles-dus Marseilles, 29th Oct.

Shanghal, Japan, Canada, U., A., D. and &. Americs, and #EUROPE via Van- couver, B.C.due Vancouver, B.U.. 17th Oct, and Europe via Siberia..

Emp. of Japan.

"Buparneribed correspondence only.

Tuesday, 18th,

9.00 AM

Monday, 29th,

10.30 AM 1030 ||Paroola: 8,00 JP M Beg. 415 pv. Letters

5.00 PM: Reg. 5.00 Letters « ¤00 PM

Tuesday, 20th,

8.00

10.80 Kowloon P..O.. Bez. 1.00 M Letters 1.00 PỤM

Bog.

1.45° 2 M

· Laiters · 2.30 x x 2,00 PM Kowaloon P.O Beg 4.30 Letters £20' *

PG.P.O..

| Reg, 2=600'r # {Letters 18.00 v »

OCTOBER Wednesday, 1sb }{Parosis :/ 8.00'e m

Thursday, 2nd, Bog. 0.15 AM

| Letters - 10.00- A W

P. O. Box 1, Hong Kong

is the Address: Write an Order for the Weekly Press to be sent you for Three Months or Thirty Years. The first will cost you $2.00, and the Annual Subscription is $16,

WEEK. DAYS.

SUNDAYS & HOLIDAYS.

FOR

G.2.0.

FROM SHEUNGWAM Branox P.0.

FROM G.P.O.

Fox ¡BHRUNGWA -

BRANCH 2.0.

(7.16%.m. &

6.00 p

730 3.0 7.00 pm.

£7.35 13

Sundays Es pin. only

[7.50 13, &

7.00 p Bundays 7.00p.m. Conly

$ 7,16 m.z. &·17,20 m. 21.15 p.m. [.1'1,80 p.m.

"$.00 p.m

6.00p.m.

(7.14 £m. d) (7.30 am

1.15 p.

1.30 Sundays

Sundara 8.10 Lonly

6.00p

40,00 p.m.

·7.10 p

9,00

7.16

8.00 9,00

30.00 £

800p.#

11.08.01.

11:00 am,

14.30 J

NEW YORK, Sept. 20, 1930

Last Dividend.

Latest

Sales.

3.50

:.65

100

Macro & Tdashari

Hone 30c

Curtis Wright Common Eastman Kodak

None

207

Electric Bond and Share General Motors

30

Anaconda Copper Baltimore and Ohio Borg Warner Continental Ol

City Service Comman

General Railway Signal "Gold Dustaina

Goodyear Tire and Rubber Granby Consolidated International Cement International Nickel Montgomery Ward Radio Corp szerveznete Radio Keith Orpheum Sears Roebuck & Co. Siminans Co. Ma

None

Kongmoon (except Saturdays) Kaukong (except Baturdays).

Fatehan (By Traiz

€ 8,00 m,&c] 18.00 p

12.30 p &480p. Bataxdays

3.00 pm &

Tai Po

Shrimahún

Cheungaho

480 pizz

241

Aberdeen

8.30

Estanley

1.00 pm.

Btandard Oil of New Jersey.

Standard Oil Co. of New York

1.00

Shatin, Sha

8.00 pm,

Union Carbide and Carbon.

2.80

Shoungebal

None

Bafungiw

480p.m

10.40 m

4.30 pm

None

Matad, Bhekki a

United Aircraft and Transport, United States: Rubber United States Bbeel

None

Autan Ping

8:30

1,00 Pizz