hound Racing shares have again be en the principal interest in the share market during the ust week with considerable busines: transacted, and shares of the three Companies advanced strongly each day up till late yesterday. Prices reacted sharply this extensive refit taking yesterday and to-day. Luna done yesterday, easing to M$26 bu: jess done to-day ith sellers offering this rate at hr ving is the close. The highest rate for Luna Park (Founders) with later business MS115 and M$1J0.. S.LGS.
The Shanghai Dock & Engineering Ca. Ltd—The
To pay a dividend of 10 per cent. per share. to 27, 1928, both days inclusive.
'The' Honghong..&/ Shanghai Tanking Res? was MEILA0 business done this METRIC iting to MgOe business done this afternoon,|An Interim dividend of £2 per share, subject to with several transactions at intermediate rates during the day.
French Race Course (cum to-day to M$225 m deduction of income tax, will be payable on August a Founders) rose to M$295 business done yesterday, but reacted sharply 1928. with other transactions recorded at intermediate rates.
Rubber shares have been almost neglected with only half 2 dozen transactions All transfer of shares on the Shanghai Register recorded Prices for raw rubber during the week (sce below) show a slight improvement wer inst week's, and another substantial reduction (1,696 tons) was recorded in London have to be effected in Hongkong, it is essential that stocks, all applications for transfer reach this office on Miscellaneous shares (other than Rubbers and Greyhounds) continue to receive a before July 16, 1928. good deal of attention and the following changes are noteworthy, vizi—H. & S. Banks Rontinue in-steady demand, the usual interim dividend having been declared (see under French Municipal Council Loan 1926 6% per cent. Companies' Notices). Langkats (Si ingle) are easier at T5.70 business done and Explorations Debentures—The Transfer Books for the above loan Qed'Loans are entirely neglected. Among cotton shares Ewo (Ord.), after having buyers aMtegnn at the besinning of the week with business done at T9.25 Sept., have eased off to} will be closed from July 13 to 31, 1928, both days Fss5 buyers at the close. Orientals moved up to 'F265 business done with buyers since] clusive. at F2 Union Insurance have improved. to ribeeed bayers. Trams (Bearer) are firmer 'C'usiveat £1620 business done. Omnibus have been transacted from 10.80 to Fil, with later abi: Wonclére: ct Ingmckillece Aan -Hatyacediuary sellers FIL. New Engines (Ord.) have been transacted at the improved rate of General Meeting of Shareholders held on July 5 has con-whilst New Engines, Pref.) are easier at F430 and Ti.75 business done. S. & H. Wharf have improved to 'F158 business done, and S'hai and S'hai Lands to F140 buyers. Culty Dairy are firmed the increase of Capital from Tls. 400,000 to firmer at F10 business done with buyers offering since at this rate.
Enquiry for debentures continues at improved rates and closing quotations for S.M.C.
Tls. 600,000 by means of an issue of 2,00 new shares. issues are as follows:—F8si for 54 per cent. P88} for G per cent. F9S for 7 per cent.
These 2,000 new shares numbered 1001/6000 will and F102 for 8 per cent. participate in the profits as from July 1, 1928.
Chinese Government loans and Railway bonds are firmer and the latest cabled quotations received are as follows:—The Extraordinary General Meeting has also effected Chvinese Govt. 5 % Reorg. Gold Loan 1913—BT. some alterations in the Articles of Association of the Compan; A new copy of these can be obtained at the Office, No. 9 Avenue Edward VII.
Gold Loan 1912) sia Nanking fir ponds Chigese Biixinedting & MflniuR Ca."
Lung Tsing U Hai Rly. Bonds Shell Transport & Fradinz Ca., "B"
Shanghai Electric Construction Ca., "B Week's Exchange Notes The following business has been recorded clu ing the week:—Settlement; stock Exchange Offclal Stock Exchange Unofficial; sether Rusinese Reported) mh Oth 10th At the close of business on July 12, the stock of Sept. Cash Cush Cash: Cash These figures include Tls. 15,261,000 and $61,490,(2200 tives in Shanhat. was is.,260000, and $79.350,000, Som cat in Chinese banks in which there were 4,079 bars.
Text read from the printed page and cleaned; old type leaves the occasional error.
