1930-11-18 — Page 12

.12

CORRESPONDENCE.

HONG KONG DAILY PRESS, TUESDAY, NOVEMBER 18, 1930.

INFLATED PRICES OF LOCAL STOCKS?

[TO THE EDITOR OF THE "HONG KONG DAILY PRESS,"]

SI," Safety First" in the Daily Presi of November 14 is to be congratulated on the very sano riow he takes of our share market. Regardless of whether the writer has any ulterior mu- tive or not, facts and figures cannot be disputed. Perhaps the figures given below will help to further illustrate the inflated prices of several of our stocks. With the general trade depression that has been existing, is it possible that most of the companies listed below will pay the ad ditional dividends to justify the appreciation in the values of their stocks in the last year 1-Yours,

"A" PROVIDENT" SHAREHOLDER.

elo.,

Hong Kong, November 17, 1830.

DAILY SHARE QUOTATIONS

·HONG KONG STOCK EXCHANGE.

Bayer Sellars Batre Nolani

SHAREBROKERS? ASSOCIATION.

MONDAY.

Bales Kominal

Buyersdellerd NOV, 16.

Banks

H.K. Banka

-----... $1,0201

$1,645

| $1,610|

2114

***

218)

140

***

£37 LIZA

Do. (London) ... Chartered Banks Mercantile Bks. "A"

Do.

"0"

$114

Insurances.

B57

£18)

€12)

LONDON STOCK EXCHANGE.

CHINESE BONDS. FIRMER.

EXCHANGE.

MAJOR PART OF LOSSES RECOVERED.

FOREIGN MAIL

NEW YEAR PARCEL MAIL FOR GREAT BRITAIN,

The New Year Parcel Mail for Great Britain will be closed in the General Post Office at 5pm. on the 21st November para Karnata.:.

This wall is due in London on the 27th Docenter."

CHRISTMAS LETTER MAIL FOR GREAT BRITAIN VIA MARSELLLES,

The Christmas Letter Mail for Great Britain vis Marsèilice will be closed in the Genem! Post Ofoe on the 22nd November por as, Harmats as follows:-

Registered Mail...... Ordinary Mail

******** -2.19.45 m, 22nd November *** - 11.10.30 am 22nd November. This mail is due in London on the 2nd December.

The pabilo are reminded that Autiablo artiolon saat by lotter post to the United Kingdom are liable to confiscation by the Customs thers,

Christmas cards bearing not more than five written words may be forwarded as Printed Papers provided that the enclosing coroc is left open.

RADIO NOTICE.

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

INWARD MAILS.

Name of Company.

H.K. Bank

2.Bank of East

Asia

3.-I.K. Wharves.."

Market Prics. 1/11/20. 1/11/30. $1,302.00 $1,555.00

Amount of

Apprec Total Market Value Sluce-in Paid up

in thousands. thousands. Capital. No. of Shares Issued." 1/11/90. 1/11/30. 1/11/20

$217,020

8248,800 £30,880 $90,000,000 160,000 of $125.00

81,115

8120

1.180

$478

$100

61,115

HIS

$478

4.-H.K. Hotels

00.00 347,50 10.95

--113.00 169.30 1170

5,000,00 4,000,000 7,083,570 790,357,

50,000... 80,000,

100.00 30.00

4,500

6,050

1,160

- 11,800.

13,080

1,290

10.00

8,720

9,317

607

$27

240,000,

23.00

BAU

B.-H.K. Landa

06.50

80,25

6,000,000

00,000

95.00

19,050

24,075

4,125

130

4.-K. Realities..

9.25

8.80

2,000,000 200,000

10 00

1,850

- 1,760

#00

199

70/-

7-Humphreys

1.4.80

15.50

1,300,000 150,000

10.00

2,220

2,325

105

534

8.-I.K. Trans....

10.75

18,10

3,230,000 650,000

5.00

32,898

11,765

*1,073

Ex

Bank of East Asin...! #115

Canton Inaumacom.. $1,130 Underwriters

in

North Chinas(sarcas

83.00 **

Union Insurances...] $475

M.50 Yangiaze Insurances

China Fires..........

$400

H.K. Fires......................) $1,130)

Shipping

Douglases TEATRANA

Steamboats * $292 Indos (prof.).]

Do. (def.)

Shell Transports ....

Water-boute ammu

THI

11

#441⠀⠀

TLOO

$26

$43

$28

83/0

#311

FRUM

t

.709,525

5.00

Mining

--China Lights ..... 10.-H.K. Electries:!

18.40

20,95

1,097,040

200,000..

8.00

15,393

20,238

10,845

JAPAN

07.00

7.75

4,500,UM)

450,00

10 00

30,150

35,888

6,738

140,000

--10.00

11. H.K. Telephones 12. Green Island

Cement's

.8.00.-

21.75

3,tDa,385

039,877

5.00

3,900

10,872

6,873

400,000 ..

7.50

13.35

18.35

3,400.000

400,000..

1.00

10,680

14,680

4,000

T.J

13.-H.K. Ropes......

8.40

10.73

2,000,000

$00,000

10.00

1,680

2,150

470

14.Duiry Farms...

22.00

27.00

1,500,000

200,000.

.7.50

4,400

5,400

1,000

៖៖៖៖

35/-

$8.70 Bonquota...............

Kailans de

bar

Amor and Swarow.....

37

JAPAN

7.8

Langkata (comb).... DON (single)

T14.40

147

144

$7.40

Explorations.......

7.1

Shanghai Loans ...

TO

8203

$261

Raubs COGIATEBOAR

Tronoh Minas

..

14/.

,30th October)

***

事跚

TAS

***

Each paid up.

83-16,1008412,000

$87,063

Docks, WharvSE,

*1,183

*Depreciation.

$179

Godowns, etc.

H.K. & K. Whorfa $174

$85,000

$5.40

Providents (old)

85.45

$2.60

Do. (new)...

81.65

HF. Docks

$32

JAPAN and

T.120

Shanghai Docks...

T.123

NEW YORK STOCK

RUBBER INDUSTRY IN HONG KONG.

T7.30

New Engineerings

T

7.283

Hongkews

Lands, Hotels, and

Buildinga

$11.70

H.K. & S. Hotels...

$11,60

CANTON OFFICIAL'S VISIT.

│· .

$83 $89 $831

$20

H.K. Lands (old)....

382

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

(rights)

T.315

Shanghai Lands

$0.60 $9.80 $10

H.K. Realtys...............

$0.70

Humphreys 316

$87

Chinese Estates ...

JAYA ***

AMOT...

**

Shasha and Swarow

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

Bhangrai (Vancouver, B.O. 30th Emp, of Japan, October) and Bonota via Simunja

EURORA via buzz (Letters and papers,}

London, 23rd Oct, and parosis, 10th October)...

Jaya and Manila

***

U.S.A., Canada, Jaran and Suangwar

(Beattie, Ish November) SAMARINDA

U.S. HO

*

...

PKE

Duy

TRkampek... Tyskembang

18th Nov.

་"z

18th Nov,

Hoochow ...

19th Nov,

Kitana Maru

19th Nov.

Yan Howlan

18th Nov.

Wakasa Mars

19th Nov.

19th Nov,

Bantam

20th Nov.

| Jeypora

Kalyan

Tjimanosk

MI

Ruth Nov.

20th Nov, 6 pm.

8th Nov.

Pres, Toll... Sipora

Blat Nov.

Blet NOT.

Hakosaki Maru...) Pra, Garfield

29th Nov.

991 Nor.

Pres. MaKinley ...|

1st Dec.

Isti Deo,

HONOLULU, JAPAN and Bxanghai, (Ban Francisco, 31st Ostober)....... .... U.S.A., HONOLULU, JAPAN and SUANG

HA1 (8an Francisco, 7th Neramber). CANADA, U.8.A., JAPAN and BHANOUI)

(Vancouver, BC, 18th November) ...} Empress of Asia

OUTWARD MAILS.

KEGISTERED 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 am, registered and parcel mails are closed st's p.m. on the previous day,

Cotton Mil

Fox

T.13 T.12 T.09

440

Ewos

፧፧፧

PT.12 S'bai, Cottons........

T.12

**

T9 Zoong Singa

T.82 1.93

Japan

Public Utilities

18.10/11

Tramways ...no) $13.

414-

Peak Trams (ald)...]

ᎠᎴ (new)...

$281 $27

27/13

(11BW)......$26.30

IK Electrics

$16.20

314

Swatow...

87

Amoy

990

$89

$27

$32

$23

Macao do.

Straita and Banroom

Swatow, Amoy and Foochow

Manila

Batavis ...

ΑΦΟΥ

Manlia

Sharghal, Japan, Honolula, 0.8.4.

Canada, Central

and South America and EUROPE via Son Francisco-dne Ban Francine, 11th Deo, and EUROPE in Siberia (...)

Amoy and Foochow win watow

Manila, Australia, and New Zealand via) due Thursday! Thursday Island Inland, 3rd December Јарадк

Honololo, San Francisco and *South American Forta

Straits

$2.75

$187

$13

៖ !!!

Straits

$101

$29

*Straits. Fast Africa vis Mombues and South Africa via Lorence Marques and Bouth Americka Ports Manila, Australis, and New Zealand via Inland-due Thursday

Thursday

Island, and Desember....

A

Alauta Maru Celebs Horn Haiyang

Prea. Jackson Talihing

Tjikombang Kingyuan.. Emy, of Japan..

Acama Maru

Tassday, 18th,

920 AM 10.80 A

1:00 pm 480

5.00 M

5.00 M

Wodusoday, 19th

flag.

1080 AM 2,80 w

4.80

5,00

Teeplay, 20th,

Letters 8.89 AM

Thursday, 10th,

-8.30AM

8.45 AM 9.20 & M 9.30A N

Deli Maru

Kitano Maru

Beg,

Lettorn

Bokuyo Maru

Fas Houles A

Tantalus ...

10.00 AM

1.30 r

8.30

Wakana Maru

Taiping...

Hai Ning

Swatow, Amoy and Fooohow... Fhanghai, Japan and EUROPE via Siberia Kalyan

Biraite Ceylon, India, Mauritius, East

and South Africs, Aden, Egypt and KUBOPE v Marseilles-due Mar sailles, 20th December

Karmala

*Paroole 5,00 P Bog,tiat, 9.45 AR Letters 10.30 a ■

At

2.00

2.30 T Kowloon F. 0. Pascals

4,50 * *

Beg Stud 9.00am Lafters 1000 & M G.P.O. |}{Par.,Ilst, 5.00 PM

Beg. 22nd,9.45am

Letters

Bondey,

20.20 A M

London, November 13. With various adverse influences operat- ing, the market almost throughout the whole of the past week have presented a dull appearance, but group movements the most premorning after spending over

the general tone to-day improved.

General Tang Yin Wali, the Coin- missioner of Reconstruction in Can- ton, arrived in the Colony by 8.9. President Van Buren on Saturday

month in the North. It may be recalled that General Tang went to Nanking in the company of General Chon Ming Shu and attend-

[UNITED PRESS,]

New York, November 13-With

nounced since September 10, the British gift-edged securities, aftermarket advanced on the New York being irregular, came in for renow-Stock Exchange to-day and closed ed demand. Indian securities have higher to recover the major part of remained very steady. Among Euro. Novimber's louses, says the daily ed the All-China Industrial and $18.15 pieun issues, German Bonds have be- review of the Dow Jones Financial Commercial Conference held there

News Agency.

under the auspices of the Ministry come wrakot, Chinose Bonds have Sales for the day totalled 3,451,450 of Industry and Comineres. Dur experienced some profit-taking, but shares. Call money remained nting his sojourn in the Colony the 826.40

Visit to are now firmer again. Japaneso per cent, with time money at 2 per Commissioner paid s

various factorica and among those securities have been well maintain-cont., for 60 days and 21 per cent.

for 90 days.

visited was the Fung Krong rubber ed.

factory at Shaukiaan, one of the largest rubber factorios in China.

It is interesting to mention that the Fung Koong rubber factory, established seven years ago, is a Chinese ponporn, entirely under Chinese management. It is well- gipped with modern machinery and employs over a thousand work- men.

Industrial shares, on the whole,

The Rally in Coppers, have been unsettled by recent un- "favourable dividend announcements, The copper issues to-day continu- especially by textile concerns. Oiled their rally which started yes issues, after the recent hoavy fall,terday, and near the close of the which was due to fears of a ronewal | market the rails joined in, the Dow of the price-war, rallied on reports Jones average for 20 rail issues of a substantial reduction in probeing up 2.10 for the day to a level duction of crude-oil and maintan-¦ of 106.43. -ance of both the Royal Dutch and Shell interim dividends at ten per cent, Rubber shares hove ruled quietly steady.

Latest Quotations. Chinese Government

Bonds:

6% Beorgs. 1013,

London.

Nov.. Nov.

13. 12.

G71 071

5%. 1806 Enk.

100

100

5% 1898 German.....

80

00

4 1893 .....

101% 101

41808 Eng. *.....

88

88

-41% 1009

03

031

48

49

771

Imperial Rly. 3%

77

774

8.N.B. 5%. -Canton Kowloon

601

1012

8% 1925

4%..................

·18-22 20-25 Tientsia-Pukow 5% 28-32 95-39

Tientsin-Pukow 3%

2nd

Shai. Hanghan

Hukwang 5%

Honan 5%

Lunghai 5% 1913

Marconi 8% Vickers 8%

H. & G. Bank

Chartered Bank.......

Mercantile Bank

1.C.S.N. 6% cum.

prof..........

I.C.S.N. Ord.

23-28 £3-29

771 77 34° 33 17-93 19-24 17 17 18-93. 19-24

18-23 18-24

113

113)

181 182 271 27

Gula Kalumpong... 12/0

3

Anaconda Copper closed up 13 to 381; Calumet & Heeln was up 1 to 101, Kengecott was up 2 to 30%, and Nevada Consolidated was up 1 to 12. New York Central gained 1 to close at 1331; Pennsyl- vania was up 2 to 605; Canadian Pacific was up 3/4 to 491, and Union Pacific soared eight pointe ON to.close at 1843.

Olis also strengthened. Standard Oil of New Jersey gained 1 to close at al: Standard Oil of New York was up an eighth to 23); Indian Refining held at 34; Phillips Potroleum was up to 20, and Continental Oil was up 3/4 to 11.

Strength Despite Profit-Taking, The remainder of the list was strong, despite some profit-taking near the close.

EXCHANGE.

CLOSING QUOTATIONS.

$81

311 $351

$22.60

7,9

T.18

19/

Star Ferries 201

U. Lights (old)................ 326.HO

Sandakan Lighte

Telephones (fully pd.)

Do. (part pd.){ $zzj Chius Bases ma Tractions

Do. (pref.)......

Industriais

T10 Caldbeck, 1(ard.) Macgregor pref Canton ice ma

TIO.

...

$17

Cements (comb.)...... 8184

Do (old)...

00.

Ropes EVVODIN China Bugare ......upun Malabon Sugars *** United Asbestos...

Miscellaneous

$18.55

$12

851

10.60 30,70

November 17, 1834, LONDON:- Telegraphic Transfor... 1/2} Hank Billa, on demand 1/31 Bank Bille, 4 months"

THERE

$27

Dairy Farms, cum. r.

$97,20

sight

1/84

$251

Credits,

Bight

Documents,

sight ON PARIB

months'.

months'

1/4-3/16 1/4 3/18

Do, er rights Do., rights B Der A. Wingscenar

$23

Amusements

$101 $34

$3.70

$19

Bank Bills, on demand 792) Credits, 4 months' sight 8824- IN NEW YORK?***

ON BOMBAY -

Bank Bills, on demand 311 Credits, 60 days' night. 321.

Telegraphic Transler

BIX

ON

Bank, on demand........... CALCUTTA:→

With U.S. Stool closing up a point to 148, the Dow. Jones aver- age for 30 industrials was up 3.05 to 180.38. Eastman held at 166 but American Can was up 31 to 115; J.I. Case was up 4 to 118; Gonoral Motors was up 1 to 85; Hudson! Motors was up 15 to 201; Packard ans up 5/8 to 8), and Chrysler ans un 3/4 to 101 General Electric gained 14 to close at 49 bae West inghouse was off 3/4 to 991. Good Os

11 rich Rubber was up a half to 18. 12/0 Goodyear was up 1 to 42, and

Telegraphic Transfer...}, Bank, on demand 8GÅ

OH SHANGHAI

Tix. 30)

Bank, at sight ........)19% die

On foxonama:——-

O

·∞

On demand strings MANILA On demand... 691 SINGAPORE:

On demand ON BATAVIA:-On demand., 771

D.A.T. C. Reg. 101/101 102/0.8. Rubber was up 1 to 13 OX HAIPHONG:

Shell T. & T. (Reg.)

Sol.

20/101 78/101 close at 67. 41/-

Johns Manville gained a point to for 20 The Dow Jones average utilities was up 1.77 to 04.11. American Tol. & Tel, gained 5/8 to close at 1878, with International Tel. & Tel. up a point to 271. Radio Corp. was up a point to 15; Colum bia Gia was up 14 to 38; Com solidated Gas was up 31 to 80%, and Standard Gas was off 13 to 68-

On demand...

Ox BAIGON:On demand ON BANGEDE :-------- On demand BovERKINS, Bank's Buying

Bate BAR BILVER, DE OR

051

Canton

.701

$11.60

Chin. Entertainm'ta 311

Constructions...........

Crawfords. $31

Tobacco... $31

Binceren..........***) $11 80 Watsons

$2.85 Wm. Powells.......... B. Ind. G. Bonds...

F.K. Govt Loans ... 81013

LOCAL AND REGULAR OUTWARD MAILS,

PER

DATE and TIMU

Bangkok via Swatów in

Ευαπρόλογο,

*8,80 ▲ M

Swatow, Amoy and Formosa..

Canton Maru

: 9.00 a

Monday,

Amoy via Swatow

Anting

· 10,30 & 1

Tuesday, 25th,

WEEK DAYS.

FROM -G.P.O.

-FROM 181EUNGWAN

BEANCH P,0.

FROM O,PO

SUNDAYS & HOLIDAYS

YEON X JOSTUKOWA

BENCH

Swatow, Amoy and Fooshow

Halching

1.00

Masnang

Wedne day 26th,

10.30 A

£0.

Sandakan

57.16) 2,50 a,mi 16.00 pm. 17.00 pm.

7.10 am. & 5,00p.m Sundays C5pm only

7.80 a.m; &

7.00 pm

Manso & Telusban.

(7:15. & 7.30 am. {1.16 p.m. | | 1.80 p.m2

1.115 p.m.

1/4

Bundays 9.15

only

Kongmoon (except Saturdays) 6.00p.m.

Kankong (except Baturdays).

6.00 p.m.

5.00 p

16.00 pa

gandayn 700 pm. Loalg

(7.15. (7,80 mm, a

1.30 p Sundave

only 6.00 pm. 0.00 p.

Copenhagen Oslo Vienna Prague Helsingfors

18,16

18.16

Fatahan (By Train),

7:15

34.483

TO

9:00 am

*1631 193

49.30

108.25

--370

DECLINE IN U.S. OIL

PRODUCTION.

danil through-

Paris New York Brussela

Amsterdam .......................................

Ruary, Nov.. ID.

193.653 4.85 10/39

Bucharest

ala

Rio Buenos Aires Monleriodo

38 11/10

34.825

28.055 10.076

Bombay

áberdeen Stanley!

$9.00 m.in. &

18.00pm

† 1.00 3

|| 3,00 park. (12.30 pts. & 6.30 pm. Haturdays 100 pu [6.80 pipzi

8,50. 1.00pm

7.15 $50.

0.00

TUDO ALIOL

· 11,0 km.

11.00 1

3&4.80 p.m.

820 min

Straits, Ceylon, India, Mauritiai, B, and

B. Afrios, Adan, Egypt and BIBOPE Hakosaki Maru

vis Marssilloncina Maimallion, 87th Doc.)

#Superscribed correspondanos only.

Friday 18th, Kowloon PO

|Catters: 4.20 ▼ m

Reg.

A G.F.O.A

paliters 8.00 a w

P. O. Box 1, Hong Kong

is the Address. Write an Order for the Hongkong Weekly Press and China Overland Trade Report to be sent you for Three Months or A Year. The first will cost

bo Annual

$4.00

5.00.

Berlin

Gut the United States has decirned Tran THESE

by 43,000 barrels daily during the

quat, week, according to announco- ment here to-day.

Stockholm (Dontinued at foot of next column.)

Tosolizma ga Silver (spot) Silver (forward-

Han Kang

**** 20.393 18.10.

(Funda)

421

P. & 0, def.

Jap. % Loan, 1907 93

Jap. 6% £Loan, 1924

102

Chi. Eng. & Mining 357-

102 35/-

Consols

50

58

War-Lona, -5

102

102

Canadian Pacific...

43

Victory Bonds, 4

9000

German 7% Int.

Lonn, Br.

1002 1001

S'hai Elec. Con. Co. 49/6

42/6

North

China Daily News..

* Unofficial quotations.

EXCHANGE RATES.

(BAITION WIRELESS BREVICAL)

Madrid

Lisbon Athens

Tai Fo

Ghamchun