1930-10-14 — Page 12

12

Money and

HONG KONG DAILY PRESS, TUESDAY, OCTOBER 14, 1930.

H.K. AMUSEMENTS,

Markets

GOSSIP FROM THE SHARE MARKET.

RIALTO PASSES THROUGH A QUIET WEEK:

QUOTATIONS UNCHANGED.

FREE ADVICE FOR INVESTORS.

[BY

"KUFAN."}

Gossip often moves the market, but no investor should either buy

or sell on market gossip only.

."

Best.

LIMITED...

INCREASE OF CAPITAL APPROVED.

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE

A second extraordinary general | $1,510 meeting of the Hong Kong Amuse ments. Ltd., was held yesterday at which the rosolutions passed at the original meeting on September 27 were confirmed by the shareholders.

Mr. J. M. Noronha presided at the meeting, and among those pre. sent were Messirs, J. S. Gubbay,, Io Kun Ma Tsui Chin, Leo Ju Chrung and, Lo Shun Wan Direc

$1,099

SHAREBROKERS: ASSOCIATION.

Hailare

Balveliminat

MUNDAY, OCTOBER 12.

Buyer Buller

Baine

Homibal

Banks

H.K. Banks

$1,815

BIN

£17

Únarturód Banks ....

251

Mercantilo Bks. "

10.

11:11:

Do. (London) * ...

Fil† Bank of East Asia ...

Insurances

Canton Inabraucoš....} $1,09% Underwriteri

North Chinna...........................

$9.70

......$2.6

1.100 #442 $150

$400

$449

417

Union Ausurakous .......

A. Yangtate Insurance

China Fires and

SKIN

DOCKS are offering at $35, and possibly a arm offer at a little betors), Mr. Chas, S. Rosselet (Scere- $1,000 low this figure would lead to busi tary) and a number of shareholders. The Chairman preposed that the proceedings of the extraordinary general meeting held proviously be Mr. D. M. Biggar. confrined.

For all pruetical purposes the

EWOS-Shorea were wanted at as week under review closed on Thurs-high na Tls, 12.10 during the week, day, as after the holiday on Fri- but no sullers were forthcoming, day, no business was done on Satur- although at Tls. 12,75 quite a num-seconded the proposal, which was

her would be available." day, although quotations issued.

were

Bates generally have remained unchanged, although on Monday and Tacaday there was some concern. in the market over the rumour (sub- sequently officially deased) of a tax on local public utility companies.

The market closed without in- quiries from buyers or offers from Bollers. Apparently "Wait and Res" is the policy both of those allegedly in the know and others.

It is interesting to note that during the week certain share. holders of the Realty Company wanted 87 out of every $10 invest ed returned to them rather than allow it to figure in the " inglori ous uncertainty of the Ice House· Street game,' With the banks pay- ing only one por cent, on current. accounts, to leave a large sum in the banks would be unwise. That there are as many who believe in game" as the Ico House Street "

those who do not can he guaged by the fact that the motion to return the money was defeated,

In this connection, it seems aP propriate to recall that as recently W. as Thursday Inst Mr. W.

Vice-Chancellor of the

Hom in an interview with the

CHINA LIGHTS-Sharea were wanted at as high as 925, after sales were put through at ten cents below and ten cents above this figure. New shares are wanted at $24.40.

CEMENTS This stock was much

in the picture, but rates moved only between $17.60 and 817.90 for cash, The market closed with quota tions at the former figure, and with sellers for forward shares.

CHINA PROVIDENTS Only small buyers are in the market, and they are not offering more than 85.20.

HONG KONG ELECTRICS - Shares were available at $78.50 on' Saturday, after business had been

carried animously.

Resolutions three to eight ein- bodied in the circular, authorising the increase of capital to $1,000,000 by the creation of 84,000 additional ordinary shares, wore then road. The meeting agreed to the adoption of the resolutions on the propon! of the Chairman, seconded by Mr. James T. S. Choy.

This concluded the business of the meeting,

NEW YORK STOCK

EXCHANGE.

done throughout the week at 878 to STEADY DRIFT TO LOWER $78.50.

•

HONG KONG TRAMS were sold at $17.80 and $17.90, and at the

close buyers were only offering the lesser figure.

DAIRY FARMS—A4-$20.25 eum

rights, these shares were neglected.

B&j-

F31

運か

T130

H.K. Fires $1,080 81,100||

Shipping

رار الي

$60

1950

FOREIGN MAILS

RADIO NOTICE.

Individuals and Arms are recommended to register their talo- graphic address at the Radio Odes. No charge is made for this.

INWARDMAILS.

FROM

$21

Douglase.....................

M

3281

JAPAN

$23

Steamboats imperia

0.8.4

$30

Indus (pref) uuenisen

$43

$29

Do. (dof.)

Sholl Transports ...

BJ

$28 Hoj

HAI (San Francisco, 10th September), CANADA, U.8.A., HONOLULU, Japan and BANAI (Vancouver, B.O., Bud Oot)

£20

va

STL ITS Batavia

IF

$115

SANDAKAN

SHANGHAI

TH

УДАКОНА!

***

Calcutta and STRAITS

STKAITO

GOROP TIA NROAPATAN (Letters only,

London, 18th September)

JAPAN

STKAITS

Par

Du

Van Howlan Tikarang

14th Cet.

14th Oct.

Tylilwong...

14th Oot.

14th Oct.

Andre Lebon Mirzapore Kutsang Torukuni Maru...

3 Karmala...

Kanagawa Maru Benalla

EUROTA VID NEOAPATAM (Papers only,Į Hector

London, 18th September)

Japan and BuangDAY

Ves

www

U.8.A, HONOLULu, Japan and ShaNG- HAI (8an Francisco, 19th Septimber)

Japan and Suak HONOLULU,

16th Oct

16th Oct.

15th

Oct.

10th Oct.

17th Oct.

17h Oct.

17th Oot. 17th Oc

Hakone Maru.

Free, Fillmore ...

18th Oct

Aki Mart..

20th Dat

Pres. Lánosin

20th Oct.

Emp. of Canada...

92nd Oct.

Water-bout

$31

Mining

$8.70 Bengueta........

38/3

Kailansu

377-

20,9

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

***

114.40

1.8

Do. (single) .......

IN

***

$7.10

OUTWARD MAILS,

REGISTERED and PARCEL MAILS are closed is minutes earlier than the time giron below unless otherwise stated, sad' where mails are advertised to close at or before 9 am. registered and pareol mails are closed at 5 p.m. on the previous day.

P1.30

Shanghai Loan...

Explorations.......

af

T.1 T.0

PER

FOR

DATE and TIMM

$15

14.

Tuesday, 14th,

Manila and Sourabaya

Swatow, Anisy and Foochow

Fort Bayard, Hailow, Pakhoi and Haiphong Haighing...

Tindari Ponkin

9,30 a

・事

Saigon, Ceylon,

india,

Manritics 1

T.128

East and South Africa Adon *Egypt) and EUROPE via Marseillon➡das > Marseilles. 14th November ...

Straits, Egypt and EUROPE vis Mar- Calchas

soilles-due Marseillos, 13th Nov....)

Koroloon P.O Bog1

1.09 1. M

Gettare 1.00 PM G.P.O.

Beg. 1.15 PN Letters 9.00

Kowloon P.0. BOK 100

1.00 Px Letters 1.00 r w

-1.45 # 280 » M

G.F.D

12.30 M 1.00 M

Andra Lebon

T $241

95.15

$2.10

T.122

T.280

*****

Godowns, eto,

Providents (old). .....

Do,

(new)...

$104

$32

17.30 Now Engineeringe

$11

LEVELS.

9751

$74

SLIGHT RALLY AT FINAL CLOSE.

3:21

T.305

$9.30

H.K. Realtys

$16

[UNITED PRES).]

*87

New York, October 9.-The market

HONG KONG AMUSEMENTS-drifted steadily lower on the New Sinall buyers can be found for these York Stock Exchange to-day, saya T12.40 shares at $22.

HONG KONG ROPES-Sellers are asking $10.70 without finding any response from buyers who are not prepared to pay more than $10.50.

the Dow Jones Financial News Agency.

The volume of trading was dull throughout the session, though late. trading brought the total of shores sold up to 2,008,860 shares. Disappearance of Early Steadiness. Some indications of steadiness in the early activity soon disappear- this columa cd but when U.S. Steel touched a

REPLIES TO READERS.. ·

Daily Press, stated that should the Boxor Indemnity fund pay out Es80,000 to the local University. the money would be invested in London, as it was no easy task to find a 4 per cent. investment in a big sum. the Colony for such

Every Though no doubt there are many who will disagree with the Vice-"Kufan" replies to correspondents new low, support developed and its Chancellor, it must be assumed that who may have questions to put re-rise helped to steady other issues, he ras explored all the likely chan- garding the prospects of any stock nels of investment before coming to quoted in Hong Kong, Shanghai this conclusion.

or Singapore. Questions regarding principles, practice, and custom can also be dealt with.

week in

As far as the share market is concerned, the Vice-Chancellor is undoubtedly right, as one would be

Correspondents are asked to hard nut to it to name an invest up the coupon appearing elsewhere ment for such a big sum where the and address their querica to return is not less than 41 per cent."Kufan," care of the Editor of And where the chances of capital this paper, and to give their names depreciation aro nil. The present state of the share market is such and address. It is desirable that a nom de plume be also included, that it would be suicidal to put in order that readers can readily $3,000,000 into it, though it is quite identify the answers intended for another question to invest in them. small way. A few buying orders to- day would have the effect of putting up a stock, and in the same way a few parcels of shares offered in the market would pull down prices at once. While rites remain more or tess stendy at the moment, there opportunists" in

$0.

too many

the market for anyone wanting to -invest a huge sum of money to turn to Hong Kong shares for that pur pose.

*

HONG KONG BANKS-A small business was done in this stock at $1,515 to $1,520, and the market closed with buyers at the latter figure.

•

UNIONS Shares changed hands at $400, with buyers still in the market at the close.

nces

CHINA UNDERWRITENS-Buaj

was done at $2.75, and al- though there are still buyers in the market no more than 82.70 is being offered for shares.

•

DOUGLASES were neglected and are, quoted at $28,50 nominal.

*

STEAMBOATS were Blightly firmer during the week, with no sellers under $95.75.

HOTELS-There was a falling off in the interest shows in this stock. and shares could probably be had At $11.23.

*

LANDS-There was a small busi- nees in this stock at $74.25 to $74,50, At the close, buyers were offering $74.50 for the old shares and $74.25 for the new.

*

HONG KONG REALTIES Sel lers are asking $3.50, for these shares, but buyers are holding off for a lower figure.

HUMPHREYS-I hear some busi- ness was done at #15, but shares offering on Saturday, at this

WHARVES have strengthened to 102, but sollers are presenting a united front and are standing out for a higher figure.

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

Ro doing.

U.S. Steal clused at 1511, off 2), and the Dow Jones average for 30 industrials was off 3.00 to 200.80. Westinghouse closed at 120, off four points. Eastman Kodak was off half a point to 1913. Bethlehem Steel was down 23 to 78. Timken Baller Bearing was off là to 54h.

S. Steel caused some rallying in The strongthoning tendency of the final hour, though the list as a

whale' closed lower.

Rails and Unlities Lower, **

The Dow Jones average for 20 rails was of 50 to 119.50, and for 90 utilities it was off 60 to 73.93, New York Contral was down Ik

147; Pennsylvania held at 00: Erie was up

& quarter to 30); Canadian Pacife was up. 3/4 to 1763 and Union Pacific held at 201.

Those who have written for in formation last week will find an

International Tel. & Tel. was off swers to their queries below:- 1 to 278: American Tel. & Tel, was JUMPY-You have taken a course of a poist to 2002; Consolidated that would make anyone nervous, Gis was off 1 to 991, and Southern Since you are out to lose all or California Edison rose half a point make a big sum, there is nothing to 33.

Here's you can do but wait.

Call money remained at 2 por wishing you luck, but I do hope ent you will not do this sort of

often. thoughtless thing very

UNDERMAN-You can do nothing

++

$11.15

Raubs ......... Troach Mines

Docks, WharvSE,

H.K. & K. Wharfs... $1613

H.K. Docks........ #30

Shanghai Docks ...

Hongkows

Lands, Katals, and

Buldings.

H.K. & S. Hotels

HK Lands (old)...] #751 Do. (now)... 0741 Do. (rights)

Shanghai Lands....

Humphreys

Chinese Estates

Cotton Mill

'hui. Coltons......... 1.101 Zong Bings

Public Utilities

$17.90 Tmmways

141

$13.60 Peak Teams (old)....

Do. (new)...)

Star Ferries

L

C. Lights (old)......$24.55-825

Do. (new)

H.K. Electrics

Macao do.

Sandakan Lights ....

35 Telephones (fully pd) Do (part pd.)

T.18 China Buses

Ewos

T83

+

•

J

14

524f

9781

9781

B&3

$11

#123

By

Tractions

19/.

Do. (pret.)

Industrials

$3

$171

$11.00

Do

$5.20

·$101

$11.70

SAIGON RICE MARKET.

***

but wait till January and sco NO BUSINESS TRANSACTED. what happens then. In the mean- time, don't sell.

#

The following market report, OBSOLETE-You are wise in wait-dated October 6, has been received ing. The market gives little pro- from the Société Indo-Chinoise de mise of a quick return in the Commerce, Saigon:- investment you are contemplat

ing.

EXCHANGE RATES:

[BRITISH WIRELESS SERVICE.]

Rracy, October 12.

Paris New York Stockholm-

Market 'dull with no demand; no business. Java has completely with

| drawn. From France, prices receiv

ed are too low to interest sollera.. From all other countries no en- quiries received.

Market is slowly going down, but millors are very cautious in selling committing themselves for

.or

forward delivery.

{TI±10)

Reg

$6.30 $5

Japan, Canada, U.S.A., U, andB. America Vancouver, *EUROPE via and B.O-due Vancouver, B.C., Int Nov.

Empress of Asia

Letters Parcels Reg.

3.00 M

415 YM

Letters

5.00

Blog.

5,00

Shanghai and *EUROPE is Biberia Swatow and Amoy

Emp. of Aria... [Lotter Van Houtes

6.00 PM.

5.00 F

Wednesday, 18th,

Bustor

Huishow

8.30 AM

***

HA

T89

Shanghai, Japan and EUROPE via Siberia Terukuni Maru...

10.30 AM

Carton

1.10

***

Ephong

Chinhua

1,30 TN 3,30

Foochow...

Trinan

3.50 2 M

Amoy ***

D

Chursday, 16th,

$1953 | Hoihow, Pakhoi and Haiphong

Menado Maru

8.30 i M

Noon

Straits and Calant!a Amoy

EIS

944

But Sang Kutaan...

Haiyang e

:::

$17.8.

361

24 30

170.6

$78.65

•

T.10) Caldbeck, ((omd.), T10:40 Macgregors (prof.); Canton Ices

140 $2.75 Comenta (comb.)... $17.60)

(old)...

(now)... Do.

Ropes. 81 .55

China Bugard.......

Malabon Sugars · ...|

***

$17

TE

United Asbestos

8241

Der A.

Wing

$43

$10

*

#201

Miscellaneous

$28,60 Dairy Farms, 230 r. Doy of rights

Do rights 8

Amusements ****

Chin. Entertainm'ta $10

1240 Constructions ......

Lane Crawfords

Hackintoshs ...................... Nanyang

Tobacco...

$11.00 Bincerea ..............................

2.80 Wm. Fowells..........

$19

F

prera.

330

#3.85

་ཎ་

Watson

$111

B. Ind. G.8 Bonds... 64% H.K. Goys Loan... 3107

D

LOCAL AND BEGULAR OUTWARD MAILS.

Castoni

822.40

8/9

Swatow, Amoy and Foochow

Straits, Ceylon, India, Maaritina, Eart and South Africa, Aden, Egypt and EUROPE ris Marseilles-due Mar Boillos, 15th November

Biralta, East Afrion via Mombasa andı

South Africa vis Lourenco Marques Amoy

Manila or

$19

Bangkok via Bwatow

•

Swalow, Amoy and Formosa

399

*Manila, Auriralia and New Zealand)

via Thursley Island-due Thursday Leland, Ord November

Australia and New Zealand via Manila] and Thursday Jeland-due Thursday leland, 1st November...

Swatow, Amoy and Foodbow...

Manila

Bratow...

Randskap

Hanlla

+1.

Straite, Ceylon, Indie, Mauritius, East and South Africa, Aden, Egypt and EUROPE via Moranilles due Mani Ballins, 22nd November

Hakone Mar

Parcels Letters 1,00 = m

5.00

Friday, 171b,

1.00.

Kowloon P. O. Beg. 430 M Leitere 4.30 z at G.P.O.

Reg. 8,00 F LiLetters 8.00 ru

Kanagawa Maru Kwangiang Pres. Fillmore ***

Awangshow

Hozan Maru

Aki Mars

Ühangis

Hai Ning Pres. Linoolm Howgrang

201

ETI

Ringang ... Emp. of Canada...

Khyber...

*Superscribed correspondence only.

Saturday, 18th.

1.30 PM 3,80 P

5,00 X

Sunday, 19th,

9.00 9.00 & M

Monday, 20th. Reg. 5,00 ||Lot, 31st, 8.30 ▲ N

Par, 20th, 5,00 g m

Reg., 918,9.45 Letters 10.30 AM

Tuesday, _Slut,"

2.00z

4.30 5,00

Wednesday, 2nd

10,30 AM

8,30

Friday, 2413

Kowloon P.0. Parcals 4.80 x Boy 26th,9,00 Aa Lottora 10.00

Q.P.O. Paz. 24th, 5.00 Bog,251,945 km Letters 10,30 à ́m

$22

hmmm ⠀⠀⠀

WEEK DAYS. BUNDAYS & HOLIDAYS

FOR

FROM

G.P.O.

FROX SUKUNGWAN

RAMON P.O.

FROM Q.F.O.

BHMUNGWA

BRANCH P.0.

7.16m.& 17,30 am, &

(7.15am. & 16.00p.m

7.30a.m. (7:00 p.m.

5.00p

Bunday (6 pm, only

Sundays

7.00 p 7,00 pm. only

17.15 m. & 17,800. 1.25 p.m. † 1,80 p.mi.

1.15 p.za.

6.00p.m.

Sundays 8.15 m. Lenty

8.40 p.m.

Lonly

Kaukong (sicept Saturday =),

3,00p.m.

Fatahan (By Trala)

7.10 ..

7.16 L 9.00a.m.

1.00.12.

11,0 1,1.

(11.00

193.87

4.857

We quote in a quiet market:-

Macao à Tanskan

-18.00

No. I long 25 per cent, and round

Brussols Genera

252

34.83)

23 per cent.: 108 franes per 100K";"

Amsterdam.

12.042

Milan Berlin

03.84)

Cowt..

20.43

Copenhagen

18.10.

Oslo Vienna

18.14

34.433

Pragua

1631

Helsingfors Madrid

183 1/10

Lisbon Atheni Bucharest Nio -Buenos Aires

48.80 $108.95

375

818

gon

. 4

30

Manterides

Shanghai...

Hong Kong uminu

·Yokohama unosiose

6,00p.m. 0.00 p.

(7.15 am &] (7.30 am, à1

1,30 pm Sundays 8,30

FACTS AND FIGURES

For the Busy Business-Man interested in Hong Kong and

South. China, The "Weekly

"Press" (price 30 cents) will be

mailed for a year to any pla in the world for $16. Specimen

Copy Free.

6.85 guilders per Java pikol;, 3.85 | Kongmoon (except Saturdays)}] 5.00 p.m. yens per picul; 0/5 ahillings por

No. 2 Japan 40 per cent.: 104 francs per 100s.; 6.00 guilders Tal o per Java pikol; 6.55 yens per picul; Po 9/- shillinga per owt.

Brokens 1 and 2 07 francs per shumchun 100K.; 5.00 guilders per Javn

nikol; 4.78 yens per picul; 8/2

shillings per cwt.ANA

Shipment Oct/Nov. FOB Sni. Cheungohow

Paddy-Nothing fresh to report. Abandon

Now Crop.-Prospects still very Stanlay favourable; some business has been Autan, Fingahan, Sari

Usted sity France for delivery. Bhatiayi Szatulko February/March 101 No. 1 Pound

per 100K F.O.B. Saigon, including Iduties.

9.00

9,00.. {$1.00 p

9.00 k

| 3,00 pain.

12.00 p & 4.80 px. Baturdays 3.00 pm, & 4.30 p. 8.30.3.

{& 4,30 pm.

8,30 a 100

100 p..

1/7

1/39/16

25 per cent, ot about los franca Bakung

100

Numta, Bhokki & Talying

(Fùmün)

7,00 pat

7.00 path.

Silver, apot & forward 10j