1930-11-04 — Page 12

12

Money and

Markets

GOSSIP FROM THE SHARE MARKET.

WEEK OF VARYING RATES: SENSATIONAL JUMP ON SETTLEMENT DAY.

FREE ADVICE FOR INVESTORS.,

[BY KUFAN{"]

Linsip often mores the market, but no investor, should either buy or xeli un market gossip only.

The week under review has been remarkable

the sensational for jump in China Lights on Sottle- ment Day. On Monday shares were freely offered in the market 925.10 and $23.20, but on Settle- mont day' buyers were early in the market at $25,73 with no sellers. During the course of the morning shares weal past the $20 mark, and went on until 820,75 for cash was reached. The market was then feverish with excitement, and it was rumoured that the shorts" were covering at the last moment.

While the cash rate advanced, the opportunity was taken to do forward business, and several tens of thousands of shares must have

REALTYS-Small lots were in quired for at 88.80. On Saturday the demand eased slightly, and probably the demand has since been met.

NCSÍPHREYS-These shares also rose in sympathy with the rest of the market, and the improved rate of $13.50 was reached.

■

HONG KONG DAILY PRESS, TUESDAY, NOVEMBER 4, 1930.

RAUB GOLD MINES. DAILY SHARE QUOTATIONS

GOOD RESULTS SHOWN.

The folowing report, dated Octo her 20, is issued by the Raub Australian Gold Mining Co., Ltd.: Development:-The total footage of development work completed for the period is 0031 feet as follows:- Sinking, 8; driving. 639) fest; ross-catting, 1814 feet; total 903 fort.

HONG KONG STOCK EXCHANGE.

SHAREBROKERS' ASSOCIATION.

duyers

Battery Baie Nomeal

MONDAY. NOVEMBER 3.

Barre Balle Salomtual-

Banks

The tonnage mined and erashed for the same period is 2,038 tons, and the recovery is 15.75, dwts, Ane kald per ton. The tonnage is lower 81,090 than usual and the grade is higher laenus more of hard selected' mine stone treated and less of soft open cut, but we have the usual profitable result.

Development work is satisfactory.

in Bekit Koman Shaft are now on stapes reopened in bottom levels good values: The cyanide plant treated 383 tons low grade concen trates showing a profitable recovery.

Bukit Koman Area-From this area a total of 877 tons were mined and treated, and development 44! feet.

Anderson & Lilburne Area :-- Tonnage mined and treated from this area is 472 tons, and develop-

HONG KONG KOWLOON shares also WHARVES-These Armed up, and so much us 8164 for spot delivery was paid. The de-ment 50 feet. mand appears to be still on, and in all probability will not be'sntis fied during the present week.

#

+

KOWLOON DOCKS These shares are not wanted at anything nens quotations.

+

釁

Derriek Aren :-Tonnage mined and trented totals 680 tons, and development 408 feet in shallow workings: values varying from 2.2 dwts, in open cuts at Bukit Jellis to 52 dwts, in 2 feet lodes at Der- rick South,

Cyanide Plant:-365 tons of low

RAUBS Some basiness was re.grado concentrates treated for a ported at 893, and sellers of small return of 91.72 ouners bullion, show- lots may still hope to get this figure. ing profit.

·

་

*

*

•

EWOS-At Tis. 12.23 there are been booked forward during the small buyers in the miket. Quota. sensational jump. In the days foltions remain firm. lowing Settlement the shares were alightly less in demand, but towards the close of the week buyers, were again in evidence at $26.23.

Green Island Cecient shares he gan to move upward on the day following settlement, and although at the opening of the week they as high stood at 81.00, on Friday Bs $19.75 for cash was touched;-; although at this rate the market had more sellers than buyers. The week closed with quotations at about 818.30 buyers.

In this stock also, a large for ward business was done, and the December Settlement is becoming more and more interesting as it may resolve itself into a struggle between "bulls" and "boare."

In sympathy with these advances several other stocks have risen dur- ing, the week, as will be seen in the fuller and more detailed report

below.

Thore

CHINA LIGHTS As stated earlier in this article, this stock had a spectacular jump during the beginning of the "weak, but gradu ally slid back to 820.25. was persistent rumour in the niar kot of now issue being shortly made known to the public. A very extensive business in forward shares was done, and as much as $27.05 was paid for December delivery.

H

CEMENTS--A large business done here, and the rate went up to $18.75 for cash shares, but towards the close of the week things' ensed off somewhat and only $18.30 was being paid for, cash shares.

PROVIDENTS - There shares were asked for at 85.33. New shares have buyers at 82.50.

HONG KONG ELECTRICS— These shares have also firmed up, and touched as high as 870.75, but the demand appears still unsatisfied

*

HONG KONG TRAMS-Hore again a rise has to be recorded, and shares went up to 819,20,

ROPES-Small lots can probably find buyers at $10.08, but otherwise buyers are not keen.

HONG KONG CONSTRUC- TIONS-There are buyers at 85.00, although at one time sules at 85.40 were reported.

DAIRY FARMIS--There were sell- Whether present rates will be naintained is not altogether cerers at the close at 897, but buyers inin. There can be no denying that were keeping off. At 890.50 busi-

ness might be done this week.. speculators are very active, and on a dividend-earning basis the share juotations ruling to-day are on the high side. But speculators--not investors-appear for the present to leave the question of return in the way of diridends, bonuses, and new issues out of their calculations, and are buying or selling according to the whims and caprices of the market. The volume of cash busi ness transacted is by so means anywhere near the amount of for- ward business that is being done from day to day!

HONG

·

RONG BANKS-This tock touched $1,500 during the week, and at the close there were still a low buyers in the market.

UNIONS-There is not much change to report, as business was dono at $447 to $147.50, A further demand set in at the close of the week, and probably 8450 will be paid this week.

UNDERWRITERS CHINA These shares have buyers at $2.80, and a fairly good business was done at this figure.

.

*

DOUGLASES These shares aro not sought after, even at quota tions.

STEAMBOATS--There are sellers at $29.95, but buyers are conspicu ons by their absence.

STAR FERRIES-At the opening of the week shares were freely

|

REPLIES TO READERS.

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

Correspondents are asked to fill up the coupon appearing elsewhere and address their queries to "Kufan." care of the Editor of this paper, and to give their namor and address.

It is desirable that nom de plume be also included, order that readers can readily identify the answers intended for them.

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 awers to their queries below:- SPECTATOR-Your observations

are both curious and interesting, but enll for no specific reply.. However, I agree with what you write.

ม

Dredge:-3,000 yards treated on day shift only, for a return of 28.00 ounces bullion, showing profitable result.

Battery Tonnage:40 Stamps worked for 27 days; Bukit Koman aren, 877 tons: Anderson-Filburne area, 472 tons; Derrick, 680 tons; total 2,033 tons,

Amalgam:-3,723 ounces. Smelted Gold:-Battery, 1,709.58 oza; Cyanide Plant, 91.72 0z Dredge, 28.60 ozs.'; total 1,823.90 ors.

THE BERLIN STOCK EXCHANGE.

DESPONDENT FEELING IN

EVIDENCE.

Berlin. October 28.-Trading on the Stock Exchange was erratic with a despondent feeling which was partly caused by Sig. Musso lini's speech and the apprehension it has aroused regarding the poli tical outlook in Europe and its con- sequences on the economic life of the world.

EXCHANGE RATES. [BBITION WIRELESS SERVICE.)

Paris New York Brussels Genova

Lisbon Athens

'. RUGBY, Nov. 2.

123.701

4.85 13/10

34.845

25.023

12.001

2201

H.K. Banks ******** $1,00

Do. (London)...}

$1,100 H.K. Fires

Shipping Douglasostan

$29.95 Steamboats...

***

FOREIGN MAILS

XMAS PARCEL MAIL FOR GREAT BRITAIN.

The Xmas Parcel Mail for Croat Britain will be closed in the General Post (Moo at 5 p.m. on the 7th November per as. Mavodania, This mail is dus in London on the 13th December.

RADIO NOTICE.

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

INWARD MAILS.

$1,065

2109

$17 | Chartered Banks.

Mercantila Dks. "A"

>

Kizt

Do.

£17

£12}

#113

Bank of East Asia...) $113

From

PXx

Dus

Insurances

J

Canton InsamuCAN,

$1,080

SOPRANAYA 'sen

Tomatang...

4th Nov,

F2.80 1,100 8455

82.30

Underwritera

$280

***

North Chinus..........

Tico

SHANGHAI and EUROPE via SISERIA

(London, 16th October)

Uily of Hereford...

5th Nov.

Union Iosumpoos ... $450

BRANDHAL and SWATOW

Blusyung...

6th Nov,

M.30 Yangtaro Insurance

$60

$450

JAYA ---

Aimenting

5th. Now,

wat

China Firos) 8400

JAPAN ...

Melbourne Maru....

5th Nov.

$1,080)

ST.AIZA

...Alipore

6th Nov.

Axor and SWATOW ...

Cremer

bth Nov,

Kunora via Suas (Letters and paper,

$271

4.

$26

October)

London, Bik Ost, and parcels, and

Rawalpindi

8th Nov,

OALCUTTA Bad

Talma

7th, Nov.

1840-

Indoa (pref.)

543

HOURABAYA...

Cape St Andrew...

7th Nov,

230

Do (v.).

328

JAYAN and SHANGHAI

Macedonia

7th Nov.

Dill.

Shell Tinnsporta i«.

BJE

83/0

*92

$33)

Water-boateng

**

$321.

18tu

(Boattle, Optobor)

Pros. Piores

7th Nov.

drakonai and AMOR

Tibadak

9th NOT,

Mining

AUSTRALIS and

and ManGod

Tanda

9th Nov.

$6.70 Benquotsi

15th Nov.

37,0

Kailans out.

371-

38,-

Langkats (comb.)

T14.40

T8

Do. (single)

$7.40

Explorations...........

HAI (San Francisco, 26th October). Pru. Jackson CANADA, U.B. A, Honolulu, Japan and į banual (Vancouver, B.O., 30th Oct)

17th Nov.

Emp. of Japan ....

19th Nov,

201

Shanghai Loans ...

TO

Kauts .....

Trouch Mines ...... 14/

Docks, Wharvas,

BIG5

H.K. & K. Wharfs... $1641|

sast.

85,45

Providents (old) 85.35

$5.10

$2.60

$32

Do. (now)... $200, H.K. Ducke.........

#30

7.120

7.285

T.193

27,30

*1.71

2

Fox

Fort Bayard

1088

$11.00

$12

+8v1

978

$791

$16,20

T.308

$5.00

!!!

FlE

314

LIK

7.13]

!!!

316

387

Godowns, ate.

Shanghai Docks ...] New Enginoorings Hougkews...

Lands, Hotals, and

Buildings

H.K. & S. Hotels...$11.9 H.K. Lande (old)... 3801

(new)... STY

Do. (rights)

Shanghai Lands...

H.K. Realtys $8.80 Humphreys | $158 Chinowo Estates ....

+++

Do.

Cotton Mill

T.12

1.82

Stai, Cutton..................

7.92

Zoong Sjugen

Public Utilities

*$83)

Tramway! uncom $18.10| Poak Trams (old)....

Do (new)...

Star Forrice $8

Do.

Lights (old)... $20.40

(20W) $5.80 H.. Electrics ....... #801 Macao do. Bandakan Ligina....

45 Telephones (fully pd.)

(part pl) 321 China Buses more Tractions vakeneyes

3264 $252 1893 8817

$23

#11£

$32.10

7,9

it w

2.18

19/-

Do. pret.)dire

Industrials

T.101

Caldbeck,

(afl.)

***

I

##

and STRAITS

U.S.A., Uanadi, Ja am and BeanouaĮ

U.8.4., HONOLULU, JAPAN and SHAKOMAI |

(Han Francisco, 17th October) .**] Pres. Yan Buren... U.S.A., HoxOLULU, Jatan and Shan

OUTWARD MAILS.

BEGISTERED and PARCEL MAILS are closed 15 minutes earlier than the time given below unless otherwise stated, and whero mais are advertised to close at or before 9 am. registered and parcel, mails are closed at 5 p.m. on the previous day,

Java via Batavia

iwatow, Amoy and Foochaw

TO

Farosle only for Germany vin Straits and

Hamburg...

Straits

Manila

Samahui and Wachow

Baigan Manila

***

DATE and TIME

Tuesday,

Tilsorced... Bunkong

Hatching...

4th, 10.30 A 11,80 M

1,00

Allor

Seistan

...Boip. of Russia

3,50 K

Kochow

Raloard

***

Pris. Madison

4.00 PM

4.80 FN

4,30 FX

Foo Shing

5.00 P

|Wodnéaday,

**

Blog

3.80 P W 3.30 7

415 M

Letters 5.00P

Thursday, 8th,

820 AW .10.30 AM

· 10.80 a M

Swalow ..

וי,

Faigon *... Amoy

****

Manila, Australis and New Zealand, Fis Brisbane-due Brisbane, t0th Nov....

Guy of Hereford Taiyuan

Melbourne Maru

Delt-Mars-

Swatow, Amoy and Formoss #13.5 Haigon

Straita...

16.40.00

$81

8/9

+

8:175

***

113

Tiu. Macgregore pref

Canton leve

Cements (comb). $18,35 8185.

Do (uld...

Do. . (now)...

Eopos ...or | $1ư50)

$5.20

+

Dairy Farms, cum. r.

Lematang

Cremer

Thanghai, Japan and "KUROPE via.Siberia Bawalpindi

Straits and Calcutta...

watow, Amoy and Forchow

seraita, Ceylon, India, Mauritius, E, sad-

Friday,

Extang...

10.30 Parcels Noon Letters 1.00

1.00 .30

8. Afriss, Aden, Egypt and EUROPE Macedonia via Marellledon Marseilles, 5th Dec.

Japan and Canada vis Vietoria, B.O.—1

das Victoria, 3.0, 2nd December... Manila Amoy

41

*M

Kowloon P.O. Parcels

4.80 px Beg., 8th, 9.00AM ***Lettere 10.00 a

GP.O.

Par., 7th, 5.00 P

Reg., Bth, 0.45 am Leiters 10.30 à ́N

Saturday, 8th,

10 00 AM

Amsterdam Milan Berlin Stockholm Copenhagen Oslo Vienna

03.705

20.30

Tyndarens Pres, Piersa Ankui

4.30

5.00

18.105

19.10

18.10

$0.70

TH

China Sugars **********

Sunday,

9th

34.455

527

Malabon sugars ...}

#9

Bangkok via Swatow

Prague

1031

#5

United Asbeutua

Hothom, Pakhol and Haiphong Swatow, Amoy and Formoss

Kweiyang... Nanchang Canton Maru

8.80

9.00

9.00 a

Helsingfors

190

Miscellaneous

Madrid

47.73

Monday, 10th,

109.23

$201

627

375

818

4 18/16

22231 881

$24.60

Do, ex rights.

Der & Win

Do

rights #8

Wings.........

123

Amusements an

$29

40

104

Chin Entertaininta $105

*311

1/6 25/32

1/7

$3

ane Crawfords

Constructions...$3.70

$4

1/37/16

$19

Mackintoshs

14

2/0 17/30

18 9/10

$11.60

Bincere 811.70 812

Japan, Canada, USA, Central and South America and EUROPE A Victoris, B.dus Victoria, BC, 28th November... Shanghai and "EUROPE via Biberia

Manila and Jara via Sourabaya

India, Balgon, Ceylon,

Pro. Madison...

Parcels

300M

rer

Beg. Letters Rae.

4.15 PM

6.00

5,00

Pres. Madison A Letters

Tybadak

4.00

Tuesday, 11th,

0,00 Kowloon P.O.

Hauritian)

Chenonceaux

1/4

$12.30

$11.40

Watsons...

$1.85

Wm, Fowells...

не

Reg. 11.15

ส

5%

671% pram. x.inst

81%

Littera

Beg

A

10.00 M

||Lefteri 10.00 a R

0.2.0.

Noon

H.K. Gort Loans... 81074

Howloom

P.O.

Reg.:

Bucharest Rio

Buenos Aires

Montevideo

Bombay

Shanghai Hong Kong

Yokohama **** Silver, spet & forward

EXCHANGE.' CLOSING QUOTATIONS,

November 3, 1990, ON LONDON:

Telegraphie Transfer... 1/3 7/16 Bank Bills, on demand 1/37/18 Bank Bills, 4 months'

sight

1/3 8/10 Credits, 4 month

sight

********* 1/3/ Documents, 4 months

1/4 sight OX PARIR:

Hank Bilis, on demand 795 Credits, 4 monthr' sight Bas ON NEW YORK:-

Bank Billa, on demand 3li Credits, 60 days' sight. 3g.

ON BOMBAY :-

Telegraphic Transfer

offered at. 880 to $90.50, but the /EBONY:-There can be little gain- Bank, on demand...

vate gradually improved-until-881,50 Asuyers was reported, with no wellers in the picture. More will have to be paid,

#

LANDS These shares also show- ed a decided improvement, raing from $77 to 880.59 and in one isolated cases even $91 was paid. Forward business has been fairly heavy in this stock, nil as much as 883 for December has been regis *tered.

ed by selling, as the market in these Bharca is very erratic. Better wait till things steady up a bit before moving one way or the other.

HOLDER-As the capital is not yet fully paid-up you would bo ill-advised to buy (1) for a lock up and (9) for the purpose of carning more than "hank intere: est" Have you never given à thought to possible depreciation in, the capital invested?

were much in demand, although nohuy" at prosent rates. Noth- fancy prices were reported. The market, wavered between $11,53 and 11.03, and at the close the quota tion did not itoprove.

ing to worry about your present holdings. They are all dividend-

arning as far as I can asoi-

·

OK CHLOUTTA?

} 807

Telegraphic Tracter) 808 Bask, on demand ...

ON SHANGHAI :--

ON YOKOHAMA DO

Cantoa

Nauyang Tobacco...

B. Ind. G.8 Bonds...

LOCAL AND REGULAR OUTWARD MAILS.

East and South Africa, Ader. "Egypt

and "BUROPE via Marseilles-dno Marselllos, 12th December

Biraita Egypt and EUROPE vis ar Par

seilles das Marseilles, Lith Doc.

Hal Ning

Hinsang

Emy, of Japas

#sparscribed correspondenos only.

10.00 AM Letters: 10.00 AM

Reg.

0.2.0.

11.15 A'M

Lettern Nooz

Noom

Saturday, 15th,

Wednesday, 19th,

10.80 AM

5,60 M

WEEK DAYS.

BUNDAYS & HOLIDAYS

FOR

Swatow, Amoy and Foodbow...

Enor G.P.O.

FROM SUSUKOWAN DEANON EO.

Fack G.P.O.

box x SHEUNGWA

BRANCH 2.0.

Sandakan

Manila

(7,38 & † 7.30 am, 1000p.m. 7.00 p.m.)

Macro & Tainahan

(7.16 1.2. 4) (7.30 am, & 5,00p.m. 7.00pm Sundays (Bp., only 7,00 pim.

Bandays

ت 11.30

Lonly

[7.15 am. & (7,80 nm. à

§ 7.18 am, & ƒ 7.30 ..

1.16 p..

į 1.80 p.m.

6.00 p.m.

__002_p...

7.15 m.sa.

1,00 s.m.

€ 0,00 km, &

18.00 p.z

Kongmoon (except Baturdays) 5.00 p.m.

Kankang (except Saturdays).

Fatehan (By Train)

7.154.01. 0.00 9.00am.

· 11,0 mm.

17.80 p.m.

Saturdays 1,00p.m. &

14.80.7.m.

3.30

1.16 p.

Sundays

B.15.

Sundaya

8.80a.m.

only. Lonly

1.00 pm.

(1100 B

{A 4,80 p.)

8.80. 1.00 p

0.00 ..

8.00 p

WHEN YOU ARE DUE FOR LEAVE

Send a Chit to 11. Ice House Street,

and order the Hongkong Weekly Press to be sent to you for........

Three months

* 0,00 %,m. 3)

TL. BOL

Bank, at sight

TWO Tai Fo

ON

ON

On demand i 621 MAXILA-On demand... 63. SINGAPORE

Shamchun

3,00 p.m.

& 4.30 gm

"On demand

*654

Cheungchow

Aberdeen

Stanley!

Autan, Pingaha

ON BATAVIA:-On demand., 774 ON HAIPHON

On demand

ON BAIGOS-On demande

On deman skam

BOVEREIGNE, Bank's Buying

Rato momma 1/4- BAR ́SILVER, per då. 16 9/16

Bbai

Balkung..

Namiau, Shokki & Taiping

(F)

1.00p

Six months

welve months

4.00 $ 8.00 $16.00

6.50 p

7,00.h

$700 p.m.