Last week L116 45/168 88 128 138 To-day ING 45/16 8h 82 128 13 Locally the various Boards of Directors have been meeting to discuss ways and means, and, while most Companies have sufficient reserves to enable carrying on for some considerable time, in some cases there may be no alternative but to close down completely, only retaining a small force for field work.
Rubber Shares: The small selling wave that occurred on the non-restriction announcement seems to have subsided and very few shares have come out, this week. Indeed in several cases buying quotations have improved considerably, Chemors for instance presently failing to attract sellers at 85 cts, after business done last week at 67} cts. Anglo Javas, five hundred onl; came out around '¥5.25 and have further sellers at this price. Java Ca Solidated have buyers at 90 cts. with none obtainable under F105. Senawangs arein demand at 71,00, Pahangs at 40 cts. Serembans at 35 cts., Tanah Merahs at 724 cts. after business passing at 75 cts. Tebongs came out at T1.10 October and are wanted at 1 for cash. is bid F440 with sellers at'F14.50, a drop of 123 cts. from the best. Power Preference are a shade off at $100} ex dividend. Waterworks "A" shares are unobtainable at 'F280 despite the better exchange. "B" shares are nominal at T1230 and "C" Fi240. General Forge continue to decline and at T5.40 October are fully a Tael down.
Buses & Trams: Omnibuses have been a more active though declining market and at T1830 done to-day are 80 cts. below -the best for the week. Trams (Bearer) continue to be strong and were done at 28.30 October with buyers unsatisfied.
Greyhounds are weaker G.R.A.'s have sellers for October at $24.65 with no one keen to raise a bid of $24.25. The French shares are quoted $13 buyers for October after busilies done yesterday at the same price for September. S.LG.'s have lacked interest around $9.
Debentures: A few S.M.C. 6 per cent. late years were done at T1043 with more offering. No French issues are to be had. China Realty per cent. passed at T1003 with further sellers. Trusts are around T1002, could possibly be obtained at par. Land 6} per cent. pasted at F103 and French Club 7 per cent, at 95.
Chinese Govt. Bonds & Railways: With the better outlook Gold Dollar 5 per cent, Bonds are in strong demand, buyers offering G8654 with sellers at G§69. Nothing has been recorded in the Reorganization issues. The following are the latest cabled advices from London:—
5% Reorg. Gold Loan 1913, HI.—.. @61_ 0-0 Buyers 5% ow FI 1, £00 12 6 Middle Price Cum, B.LR&. 5% Sbangbal-Nanking Railway @52 17 G Buyers oon Hukuaog Railway (L.P.N.Y.) 22 0 0 5% Shanghai-Hangchow: Railway s+ e11 10 0 Nominal 5% Lung-Telng'U Hal Railway BL 10 0: moo 5% GoldLow 1912 "5, 7 Ow woe Chinese Engineering & Mining Ca." @1 15 4b Middle Price Cottons: With the better political news, to which yarn responded by a rise of over $2 to-day, Ewos closed the week strong October auction only bringing out 500 shares' at '¥12.85, a rise of fully a tael over the year. Shanghat' Cottons were bid 'F81 for October but no business resulted. Zoong Sings followed the Ewo rise and 'F11 was done for September, the same price bid for October at the closing auction.
Banks & Loans: Banks have been quiet, 17 passing at M$1,700 and 5 for 'M$1,705. Loans have been steady around ¥6.60.
Shipping: New Engines (Ord) have sagged from $7.45 September to only 715 bid for October. The Preference are wanted at 75.35 but sellers are asking Fe. Docks are quiet around T115, as are Tugs, buyers offering TS. but would probably pay 485. A few Preference shares were done, at T53. Wharves have not been in strong demand and have sellers at F284.
Mining: Quiet until to-day when Kaipings, after coming out at T20} were bid a Taet high Insurance: Once more very little to report, the only business passing being in AAU, (Ord) at 720 and ¥19!. Unions are bid M§id5 but no one seems keen to sell, "Lands: Anglo-French were done at T2174. Asia Realty "A" continue to have buyers at $120 without business resulting and the "B" shares are bid 26 with sellers at $273. China Realty has been an active market on the decline from 17.90 September at the beginning of the week to ¥17.173 October done at the close.
Miscellaneous: A few Mardens passed at 711.65 but have sellers to-day at 71140. China Finance has continued to-be a popular and rising market, cash shaves being wanted at F025 with October done at TEs. Trusts acetined from 914.47) to a low of F14.15 September but rose to F14:35 to-day, October
Text read from the printed page and cleaned; old type leaves the occasional error.