1930-10-11 — Page 12

112

U.S. PRESIDENT PLAYS SAFE.

MR. HOOVER SHUNS

. POLITICS.

[UNITED FAB88.]

Washington, Out. 5.-President Hoover has decided to avoid the Bubject of politics during his pre

Money and

NEW YORK STOCK EXCHANGE.

RALLYING TENDENCIES DURING THE DAY.

[UNITED PRESA.]

HONG KONG DAILY PRESS, SATURDAY, OCTOBER 11, 1930.

Markets

CHINA'S TRADE,

AN AMERICAN VIEW.

DAILY SHARE QUOTATIONS

SHAREBROKERS' ASSOCIATION.

HONG KONG STOCK EXCHANGE.

Bayuro

alian

BelNominal

THURSDAY.

·OCTOBER 9.

Dapers Bustura

Kalos Komina)

Banks

HE BANKS

£108

217

$1,510

A report of the U.S. Department of Commerce says: - Japanese manufacturors are enjoying an in- creasing portion of China's trade on account of their proximity to the market and their excellent trans-$1,083 portation facilities for making quick deliveries, as well as such factors as the willingness of Japan can importers and dealers to handle goods on a smaller margin of profit than other foreign arms in China,,00 their liberal attitude regarding credits to Chinone dealers, and low- erust of packing on account of the

went speaking tour, and the deci- QUIET SESSION OF TRADING. sion has created sudden disappoint- ment among the ranks of the Re- publican Congressional candidates.

New York, October 3-Rallying Encouraged by the President's revent atutemont in support of the tendencies on the New York. Stock Senatorial

Exchange were resumed to-day, candidacy of Mr.

with intermittent periods of selling Dwight Morrow in New Jorsoy near the close when the list declined statement the more unexpected in and any gains were lost, says the view of Mr. Morrow's outspokes daily roview of the Dow Jonea

Financial News Agency. "wet" platform in winning the Renewed weakness in Radio Corp. nomination-many of these candi-was a heavy factor in the late sell-in the China market is a strong one. dinics had looked for considerable, and Radio closed ai 281, oft

nid and comfort at the hands of the Chief Executive during his

tour.

It was learned to-day that many private appeals have been made for a word or two from the President on behalf of deserving Republicans who feel thanselves in tight places, but that all these requests have Leen rejected.

Republicans find this "play safe" attitude the more exceperating in view of the successful efforts of the

half a point from yesterday..

Trading was relatively quiet throughout, and sales for the day totalled 2,033,280 shares.

Industrials Generally Strong., The industrials were strong most of the day, and the Dow Jones average for 30-inues was up 3.14 to 214.18. U.S. Steel closed up 1 to 1883, with Bethlehem up 1 to 93. Westinghouse was up a point to 1321: Eastman Kodak was up 34 to 207, American Tobacco "H" was up 11 to 120, American Can was up to 1241; International Harvester rose 21 to close at co: and J. I. Cnse was up 4 to 1357.

Utilities also rose, the Dow Jones Baskob-Michelson Democratic pro-average for 20 issues being up 1.82 paganda bureau in Washington to to 70:38, with American Tel. & Tel. place the Republicans in a bad closing up 18 to 207. American light from time to time, Mr. Char- & Foreign Power up a point to 574, Les M. Michelson, veteran news International Tel. & Tel. up 1 to paperman, who is in chargo of the 31. Standard Gas off a quarter to Lurean with the support of Mr. 92, Columbia Gas up 3/4 to 541- John J. Raskob as Democratic Na and Cities Service common ap 7/8 tional Chairman, has with consider to 27. able effect introduced a now techni que of abandoning "hand-outs" to the Prese in favour of "planting" hig barbed shafts through speeches by leading Democrats.

Rall Average Up.

The Dow Jones average for 20 rails was up .78 to 12367, with New York Central off 1 to 151, but Pennsylvanin up 1 to 71, Cana dian Pacific up 7/8 to 1704, Union Pacific 23 to 210 and Rock Island

Chrysler held at 212.

much shorter dialance from mill to consumer, Great Britain's position British trade marks aro well, and favourably known, and old-estab lished houses are handling this trade with the strong backing, of British banks. The items which yo to make up the bulk of Great Britain's trade with China are those in which British manufactur ers excel, namely, plain white shirtings, all classes of printed cottons, lawna, dyed plain and. fancy cottons, velvets, and velve teens. Great Britain is losing both to Japanese and Chinese manufac tarors much of its business in coar ser cloths, but in lines in which Japan and China do not compete it is believed that Great Britain will continue to secure the bulk of the business unless far more serious competition than heretoforo deve lops from the United States,"

PRESENT STOCKS OF RUBBER.

BELIEVED TO BE LARGER THAN AUGUST.

London, October. 3.It is under stood that certain American mant facturers have asked for the post- ponement of deliveries of rubber bought some muths ago at between

This scheme has caused many heretofore unoriginal Democrats to blossom forth with utterances of up 13 to 891. highly intelligent and damaging Anaconda Coppor held at 38 while character, which neither DemocraKennrott was off 3/4, to 20. Gen-sixpence and eightpence per lb, tic пог Nepublican newspapers eral Motors rose a point to 40 and euld ignore and which have chus el everyone in the Republican ranks from the President down to squirm on occasion. Apparently, however, the President feels it to be best to fight this activity through the Republican propaganda bureau rather than engage in speech-mak. ing for political purposes himself.

**L

82.55 32.70 1.100 81473

$400

----- $1,515 Do. (London) Chartered Banks ...

2101. Mercantilo Bks. “A”

Do

#111

Bank of East Asia....

FOREIGN MAILS

RÁDIO. NOTICE

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

12

STRAITS

SHANGHAI and Swarow

Sta, no

SHANGHAI, AMOY, SWATOW and Extor

via IURRIA (Londos, 22nd Sept.) УПАКИНА НЕ АМОот

MANILA

Avorrazza and MAMICA

Trinan

MANILA

L

AUSTRALIA and MANILA

Dhanglan

Torukuni Maru...

18th Oct,

18th Oct

INWARD MANS.

FROM

PIE

Dos

Peusbrokeshire

Bunning

Kidderpars

11th Oct 11th Oct. 11th

Insurancos

Thisondari

Canton Insurances,,

Underwritersemi 3270

#75

North Chinas..pratensi

Bompress of Asia... Pres. Jeferson...

12th Oct.

13th ob

Union Insurances .......

8480

idk Ogh

11880 Yangtors Insurances

HA

Kitano Mara

14th Oct.

China Firesová

$100

15th Oct.

H.X. Fired

$1,080

Hakona Maru

14

17th Uo

U.S.A HONOLULd,jayán and ShAND

Shipping

18th Oct.

201

8281

Douglases

$28

$25

Stesen boats

$30

Indos (prof.) in

Do. (dot) cousins.

128

U.S.A., HONOLULU, Japan and Sono HAY (San Francisco, 98th September) CANADA, U.S.A., Hosotulu, Jaran and SHANGHAI (Vancouver, B.O., Sud Out)

Aki Maru

Pros. Lánoobra

Emp, of Canada...

20th Oct

seth Opt

gand. Oct.

406

Shell Transporta... 29/6

UD-

Water-bouts passionne

$31

Mining

19.70 Bonquote...ser

36/3

Kailan zəman Langkata (oomb.) ......

37/- 38,#

P14.40 $7,40

10

་་

T1.30

$24

$158 36.16

$2,40

--་

Ties

1.280

$2.55

$31

4111111

2

635

T

ફુરસ

JAYAN and BUANGDAI

HAI (San Francisco, 19th septaber)}| Pres. Fallmore .. JAYAR

OUTWARD MAILS.

·REGISTERED and PARCEL MAILS are closed · 10 mmutes Earlier than the fime given below unless otherwise stated, and where mails aro advertised to close at or beloze 9 a.m. registered and parcel mails are closed at 6 p.m. on the previous day,

Fox

PIE

DATM and TIMD

Saturday, 11th,

Changtu

Swatow

Kowloon P.U.

Straits, Caylon, India, Maurition, Easty

and Bouth Africa, Aden, Egypt and KUROPE vis Mamaillosmane Mary soflion, 7th November..

Makea

Bog. Latters

Beg,

Do. (singis)

Exploration..... Shanghai osha... -Raubs .................. $24

Trough Mines, avail

Docks, Wharves,

Godowns, etc.

ELK. & E. Wharfa... $158 Providente (old) ........

Do..

(now) is.

HK. Docke Shanghai Docks ...

17.30 New Engineeringa Hongkows

Lands, Hotels, and

- Buildings

H.K. & B. Hotels... $11.16 H.K. Land (old)... #75

* Do.

(now)... 874

Do (righte

***

H.K. Realtys....... 36.30 $51

·Humphreya

Chinese Estates

Cotton Mills Ba

Australia (except places North of Bris baco) and New Zealand via Slugapore and Brisbane-due Brisbane, 4th Nov. Foochow

+

Shanghat and *EUROPE viz Siberian Manila

Haibow,

Pakhoi nad Haiphong

Bangkok via Holbow

Shangbai

Malua son- nooting with Nieuw Zoeland

at Sngapore Closterk

Pembrokeshire Free, Grant Limehow ... Kunzchowe

8,30 M

9,00 AM

10,00 a R G.P.O.

9.46,A M

Letters 10.30 ay

Bez.

Letters 10,00 AM

1.30 7 4.50* 4.30PM

5.00

6.00 W

..

$11.30 511

$761

$791

+

કામ 1.500

$13

Zak

918

$87

T.E

441

unusugu

Shanghai Lands

T.83 Bbai. Cotton

Tramways

Star Ferrica

QUOTATIONS.

New York, Oot,

Markot Arm, Business done, 2,033,280 shares,

Oct. 2

0

Adama Express

2 24

“American Ca

122 124

American & Foreign Power

56 57

43.44

American Bmoiting

50

American Tal, & Tel.

206 207

American Tobacco "B"

1181. 120

With reference to the question of consumption, any improvement de pends upon American purchases.

With reference to the computa tion of stocks of rubber made at the end of August, which put the figure at 483,523 tons, it is mention- ed in the circular issued by Mosers. Symington, Sinclair & Co. that there are quantities of which no account has been taken, and that $24.70 $25 the total of world stocks at that

877 $78 date amount to about 480,000 tona, that is to say about 12 per cent. above the estimate, which makes an appreciable difference.

$17.00

383

77778||

$23

#11

$221.

7.18)

B/ 19/.

China Buses

Tractions

American Waterworks...

944 057

Anaconda Copper

38

ая

Atlantic Refining

271 281

03

24

WALL STREET SENSATION. American Rolling Mill...

VIOLENT WAVE OF LIQUIDA.

TION SWEEPS MARKET.

[Reuter's AMERICAN -AREVICE)

New Youx, Oct, 0. A tremendous sensation has been caused in financial circles by the declaration of insolvency of Mussra. Prince & Whiteley, one of the lar gest firms on the New York Stock Exchange

This is the third failure since the start of the recent Wall Street Alump.

Prince & Whiteley's solicitors state that the difficultios are "only temporary,

A violent wave of liquidation has swept the market. United States steels have declined from 3,50 to 147.50, the lowest for two years,

Wall Street is very gloomy.

GERMAN-AMERICAN TRADE DECLINES.

AFFECTED BY PRESENT ECONOMIC SITUATION.

Hamburg, Oct. 4-Trade between "Germany and the United States, according to statistics just publish- ed, is at present badly anduened by the prevailing economic situa tion,

;

·Baltimore & Oblo

Bathlabem Strol

744

Borg Warner... Calamet & Hecla Canadian Pacific Railway

·J. I. Case...

Chicago Rock Island ... Chrysler

Cifles Bervice Common... Electric Columbia Gas Columbia Graphsphone Commonwealth & Southern Commonwealth & 8, Warr. Consolidated Gas of N. Y. Continental Oil... Curtian Wright, Common Du Pont de Nemours... Eastman Kodak...

Electrio Bond & Share... Erla Railway

Fokker Aeroplane Fox Film" *** General Electric General Foods in

ori. sal

201 201

10 101

179 1787

... 131 1883

Indications point to the belief that stocks will continue to ne cumulate until the end of the year.

TREASURY BOND ISSUE.

£110,000,000.

817.65 $17.83

WW

077 801

APPLICATIONS EXCEED

$5.20

21 21

$10

20 27

$10 31

53 541

2 141

(THROUGH REUTER'S. AGENOT.)

11 13

102 103

141 16

st

LONDON, Oct. 9. The four per cent. Treasury Bond issue has resulted in applications exceeding £110,000,000.

... 100 YOU

Tendors accepted totallöd ... 203). BUT || £105,000,000,

63 €8] ... 381 38 13 12

# "#1

53 51 39 40

· General Motors .......... General Railway Signal Gold Dest

87 38

-19 101

481 48

18 15

Goodrich Rubber Goodyear Ties & Rubber Granby

Herabey Chocolate

International Cement ...

International Combuston Eng.

International Harvestor International Nickel

International Tol & Tel. Johns Manville *** 10 Housecott Copper... Kronger & Toll..... Kroger Grocery van' Liggett & Myeza.“ D” Loows Inc.

Ludlum Stoel...

Montgomery Ward

Nerads Consolidated Copper

Now York Central

Puolilo Lighting

0190 67 Mutl

Tonders of £100 will receive about 50 per cent, and above fully.

ELECTRIC TRAIN. EXTEN-

SION IN ENGLAND,

BRITISH WIRELESS SERVICE.)

REGBY, Océ`9. The Southern Railway Company et has placed arders amounting to nearly £500,000 with two British firma, for electrical equipment re 777quired for trains to be employed in connection with an extension to of 231261 Reigate, Brighton and Worthing

the complete electrified system.

301 1

:29 29

291

158751

73741

EXCHANGE RATES,

(BRITISH WIRELENA SERVICE)

1111 84

Paria. Now York .201 711

Packard Motor Car Paramount-Pablix Corporation 58 Faanroad Corporation... Founsylvania Railroad Phillips Petroleum Pabllo Sorvlos of New Jersey Radio Corporation

Badio Keith Orpheum.... Reynolds Tobacco “B”- Sears Roebuck... Shell Union Ga Simmon Company.... Bouthern California Edison Standard Gas & Electria Standard Oil of New Jersey -Standard Oil of New York.

Taxas Corporation Texas Gulf Bulphur A.: Timken Roller Bearing Trans Amerion mem

Quantity as well as prices show a heavy decline in practically all branches of trade. Thus in the first half of the present year 'Ger- any's imports from the United States decreased by 219.4 million anarks or fully 23 per cent, as com- ared with those of the correspond- ang period of 1020 while Gorman exports to America were less by 16 million Marks or 24 per cent. The itens most affected wore out- ton with 231 million marks as against 301 millione, copper with 45.5 s against 100 millions, fruits with 21 as agniest 64 motorcars with 13 instead of 20 and machinery with 17 instead of 24 million marks the only point which in this respect might be regarded as comparatively. favourablo to Ger- Union Carbido & Carbon many is that the balance of Ger Union Facille Ballway...

United Aircraft & Transport an-American trade which in the Brat har of waited us & Improvement Cormany with 600,7 million marks decreased to 451.6 millions in the corresponding period of 1929 and to 330.4 million. Marks for the first six months of the present year..

“United Schrem KODEK PAR United Stated Biol Vanadium Warner Bros. Platures Westinghomas E. & M. Woolworth

Brussels

Geneva....

Amsterdam

Milan Berlin Stockholm

TOLLERE!!

Macao do.

$16

#15t

+

Bwalow, Amoy and Farmoss

T12.40

***

Bangkok via Swatow

7.831

Japan, Canada, USA, Central and

1.10

$17.8.

******* **24 36

#H

Tlo Zoong Singa

· Public Utilities

$13.60 Peak Trams (old).....] $8,60

Do (a)...]

C. Lights (old) 24.85

Do (new)...

*****$77 $78

H.K. Electrica ............

Bandakan Lighīta. Telephones (fully pa

pd.) Do, (part.pl.)

Do. (pro).

Tadustrials

T.10 Caldbook, ((or);

Tiv.

Macgregor }{pref,)

Canton Lees

Cements (comb.)...

Do (old)...

$11.85

***

$x7

$26.60

#1

prem

Do

Ropes

(po)...

China Sugarassaazi

Malabon 8ngars

United Asbestos...

Miscellaneous

Dairy Farms, cum..

Do, az rights Do..

$221

gu

VDE MICH

Sunday, 12th,

Tjibesar Canton Maru

9.00 AM

9,00 AM.

Monday 19th,

Kaying

10.80, AM

South-America and EUROPE via { Victoria, B.C.-das Victoris, BU, {} - Pesa: Jafferson 81st October

Shanghai, and "EUROPE vis Biberia

From. Jeferson

$19.50

Tysondari

$25.10

Baigon, Ceylon,

Beg.

Hatching

Bag.

Andre Tabon

Manila and Sourabaya

Fort Bayard, Hoihow, Fakhoi and Belphong! Tonkin Bwatow; Away and Kooshaw

India, Mauriting

East and South Africa Aden. "kepå and EUROPE vis Marseilles due

· Marnesillon. 14th November

Strmits, Egypt and EUROPE via Mar-1| Calchas

sailles-due Marseilles, 19th Nor. . ...}

Japan, Canada, U.N.A., U. and8. Ameries and EUROPE vis Vancouver, B.Odne Vancouver, B.C., lat Nor.

Shanghai and "EUROPE via Siberis Swatów

Parcels 8:00 PM .4.15 PM 1atter. 5.00 PM Reg.-6.00K

Laitors 8,00 2 2.

Fronda, 14th,

9.30 1990 M

··1,00 ·

Kowloon P.0.

1,00 M

[Lattare - 1.00) * *

DO.P.O.

Bag.

1.15 P

Letters · 2.00 M Boralcon P:0

Dag 100 PW

Letters 1.00 F

G.P.O.

1.45

280 M

Parcels

8.00.

Empress of Asia Reg.

-8172

Letters

Reg.

5.00 F

Kamp, of Ania

2 Letters 0.00 M

Kwaleng

5.00

5.00. M

160

Japan

Тарап

Bhanghai and "EUROPE tik Siberis

Kitano Maru Terukuni Maru..

Terukuni Maru

Wednesda

a. 15th

5.00 x

Rer. Letters

5.00

6.00

Strait ad Calout'a i

Bus Sang

$89

Amoy

$2.30

$3,85

Swatow, Amoy and Foxhow

Haiyang

Bouth Africa, Aden, Egypt_and: KUROPE. via Marsellies-dus Mar Hakone Haris sillos, 15:h November

Bag.

41

Der A rights A. Wings.. Amusemente *********$10 Chin.Entertainm'ts' 12:40 Constructions

$13

310

Lano Crawforda

$19 Mackintoshatis

Nanyang Tobacco...

$11.60 Bincere $11

$11.90 Watsons men

$2.85 Wri. Forells .....................

B. Ind. G. Bonds... 61%

H.K. Gort Loans;

$251

LOCAL AND REGULAR OUTWARD MAILS.

$108

Straits, Ceylon, Inda, Mauritius, East and】

AH Maru

Thursday, 16th, Parools Nose Letters 100

5,00 M Friday, 17th,

́1,00 m2 Kowloon P. 0. Bag.

4.39 1.

Letters, 4.30'7'M

G.P.Q.

500

*Menia, Australia and New Zealand)

vis Thursday Island-miné Thursday Island, Brd November 2 Australia and New Zealand via Manila)

and Thursday Island-dus Thursday: Changte Tland, 1st November "ii"

Pre. Lincoln

Hinsang... Emp. of Canada...

Monday, 20th,

5.00 W Le£ 21st,8.30 A M

Par, 20th, 5.00 PM Beg,zist 9:45 A, W Tetters 10.30). A M.

Tasiday, Riet,

Wednesday, 2fød

10.30

8.30.

WEEK DAYS,

FOR

]SUNDAYS & HOLIDAYS

FROM M

·FROM G.E.O.

FROM BUBONOWAM Banc P.O

FROM SHKUNⱭWA'

Q.P.O.

BRANCH- 2.0.

·Manila

Bandakan Manila

Supers

corespondence only,

$7.15 min. & 26.00.pm

7,300.01.

[ ́t 7.00 £3,000".

21.10 p.m.

130

Sunday

7.00 punk

Sundays

Lonly

600p.m.

6.00pm

Kongmon (except Eaturdays) 6.00 p

Kaukong (except Baturdays)

Bizumchum

Chrungsbow

9.00 (0.0) 0.4 13.00p.m.

9.00 8.00 pm *IZBU PADA:

& 4.00 p Saturdays 1.00 pm &

4.80 p.ta €8,20 am. 1.00 janu

| 1,80 pzn.<

·200 pie

8.00 pe

£ 7.16 min, de] (*7.30 am, á $5.00pm

5 p.m. only 7.00p.m.

only.

(7.15 am, &}`ƒ7,30 am, &′

(1.15 p.m. 1.30 p.m.

Bandage.

6,15 KM

Logly

5.00 p

7.10.

9,00 20, 99,00 m,

110am

(31,000. && 4.30 p.m.

Bundar

8.30

BunsÝ, Oct. 9.

123.845

4.857

Hacks & Trinshan

34.823

281

23.00

12,043

47 481

92785

20.425

18.00

Fatalan (By Train):

20

Copenhagen

18.10

Oslo

16./76

931 021

23 201 +40 401

34,405)

001 021

Tal Foy

1031

183

49.90

108.25

318

Aberdson Stealey.

58 00 201. 21 001701 5207) ·210. 8:43. 88241

Vienna Prague

Helsingfors Madrid Lisbon Atbons Bucharest Rio Buenos Aires Monteviddo

157 158

61021

| Shanghai

81429

Hong Kong

131 132

Yokohama

03:06

9/16 9/017/32

Baikkung. Namtan Blokki

Silvor, spot & forward-168

7.1.5

460 p.

8.30.

100 pn

Interested In Wireless?

Then look for some

interesting news theDaily Press next Thursday.