Commodity Prices
FOREIGN EXCHANGE
NEW YORK
Closing rate werk:
Consda
England official
Full Ariza
Indan
10de
2.80-16/10
215-4
29943 50
"
30-days
10-days
Auziralla
4*
New Zenlond
2.30
E-10
2010
2110
2007-2011-15/10
2.7414-2.73
10.0092-10 0
Pakistan
New York:
Montreal
ONDON
Closing rates weret
Ainrterdam
Coprobaren
Frankfurt
Milall
Onl
Suckin
Vimina
Zurich
JANA-MAN53
10.30-10.118
11 94-11 744
1743-1744
211.026-20.021
12.31-13.12!
thors unelianged -U.P.1.
COTTON
►
futures
NEW YORK Potion Prices of closed tugag is follows:
not: 56 mm Afar; 35.20-33; !. May: 354 July: 34.40; Oct; 23 Live: 31.80 310: 22.02, MAY: 10: July: 31.12
NEW ORLEANS
Prices uf Colon futures elial today on followsy
Sono 34 M Mar: 1927. Maya 35.45; July 144, Gel: 12.07: Dee: 1. Mar 31 24: May: 309. Jul 12.79.
LIVERPOOL.
futine
closings, in
Cotton penca per b. were as follows: American Contract
May June
Cler ANON
THE CHINA MAIL, FRIDAY, FEBRUARY 20, 1959.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE.
RUBBER MARKET HOLDS STEADY
SINGAPORE
After opening sightly below "the prevka levels the market ruled very quiet with Narrow furtuntions.
The afternoon market was
mther more
Interest
maaln nctive with
Buyers
in one sheet,
of lowers were limited and with sellers at somewhat higher prices, Futures;
No rubber. per 3. Mar. 5-1 Apr; B6-80g
No. 2 rubber ner b. Mitt. migdia,
No. 3 uur per lb Mar. 044-0405 No. 4 rubber per b. Mar. በዚ Spot rubber unbated
No. 1 pule prope
LONDON
5915+D0%
The rybber market was quiet with spot quoted at 25 pence, per lb. Prices:
....
No. 1 s spot Settlement hoiese terp:"
Apdl/June
March
July/Sept.
Ocf./Dev
Jut./Mar.
257-25
250%-25% 2511-2654
2-257
251-257
General markets, elf finair, ports:
Estate &rep thin
Mor. ttate crepe thick.
Mar.
NEW YORK
211+
211
Prices Slightly Depressed In Active Week
By A Special Corraspondent Although prices on the Hongkong Stock to be slightly
Exchango
fended
depressed this week, there was a bullish sentiment evident and the market was steady on the increased volume of business yesterday.
started
Dividend announcements coming available during the Feb/Mar, and Ajari... 2511-23, during the week hid their week, the share rose from $800 to $820 yealerday before closing effect on the market, and
ut $817.50. some shareholders
The
between the merger unloading their
Bank huklings Hongkong
and the Bank, in which expecta-will get ang share of Bongkong Bank for every 20 Mercantile Bank, shores, will make the new combined bank one of the big- goa, banking organisations in the East.
Rox rubther futurs today when the declarations dia Mercantile
Mercantile Bank chareholders
closet 10 to 20 points tower with sales of 12 contracts,
Mar: 30.18: May: 3023; July : 30:25; So. Baap Nov 30.30, Jai: 2030!
MAT: 3020-UPI,
METALS
NEW YORK
Prices of metal futures closed
today as follows:
Mar. Apri
21 60
21.20
July/Aug.
感
11.03
De Jan.
18.00
Lead
Mar.
Mixed Contract
May
Zme
Mar.
Mar/Ap
21.00
May
May/June
21.45
Cupper Mar.
SHEN ZONINE.
10.03
May
Det/New.
16163
**
Mar
Decidan
16.33
SAO PAULO
May
Cotton Future closings, in cruzeiros p
kilo were 05
follows:
March
May Out.
60.40 68.50 unquoted
tox-th
10.730 10.230
1-43
30.2007
101.250
101.1
LONDON Prices of methis clove: toy in sterung per long to
follows:
'Tin
Spot 3-month Copper
Kol
In the United States, the average price of one-lach cotton at 14 designated spot markets was 34.24 cents.
Total sales were 35,700 tales. -U.P:L
3-month
Lead 2nd halt
Mutual - Vnad OuotationUN
The following are quotations
of Mutual Funds in the United States in American dollars. The buyers' quotations include cont- inlasion:
àlutual Funda Allied Fund Am Bus Shes
Axe Hought 13
Buyers Sellers
ד
not come up to tions.
`Hongkong Bank's incrence of capital from 850,000,000 to $100,000,000 by the creation of 100,000 new shares at $123 ench was well reerived
the At its (Hongkong. Bank's) market, and with less scrip be-present price, the yield of 5.9
HONGKONG
STOCK EXCHANGE
Our Own Correspondent ng
Jusiness donų on the Hong- Stock Exchange, kong
this 2370orning mountext to approxi
mately $665,000. -Non quota- long and the morning's franc- actions were:
773
2071 237
M
"Fel
May
73 TOY 712
Zane 2nd hal
Feb. Moy
7431 742
SUPA,
SUGAR
Shrtre BANKS
Buyers AeRers
HK Bank 817.30 INSURANCES
n
Lombard
ST PING
**2
Wa erogat 27.10 Wheeled. 5.5J
NEW YORK World No.
closed COCKS, ETC.
K. Warf today unchanged to two points, flat" lower will sales of 245 cun- Prev.dent, tracts.
4 sugar
J
الاجر
Salth
50 7 317.50
per cent is still very attractive for gill-edged stock and it is expected the share will advance much further.
Docks overall, cut of $3 per share in their distribution this year have sent their yield down from 18 per cent last week lo 11.2 per cent and.even this level they are Anding it hard to
in support on the market.
Speculators
Although Trans announced in 10-cent Increase in their finui this year, the share met some welling by speculators who were. net füthird with the declara- Lion. The stock lost-20 cents of the week.
Cements announcement of a 25 cent bonus this year cought thi ́market by surprise and from a week's low of $25 they climbed to $20 on fresh demand, It is expected that the shore, which at prevailing ratesyleida 12,8 per cent, will rise even further! provided that China does not start dumping in Southeast Asia like last year.
On talk in Ice House Street that Dairy Farms had not had such a good year, some share 9.05 holders started selling bringing the price down irom $10.50 $18.10 at the close yesterday,
0.03 1000 10
$.00
45
Dividends
Following are dividends aa- nounced during the week;
China Provident, $1 and a
17.10 12.30 Domestic No. sugur closed | tand, ETC.
FIT Eutel. 13.20 23.40 500 23.39 bonus of 10 cents--same as last unchanged to two points lower
FK Luar. with sales of 192 contracts.
314
4.50 012 f 4.4025 your. Contract No. 4 (world)
Resity
1475 1525 2000 ŋ
Mon; 3.100, May: 2.14; July: 3.18; Sept: 2.20; Det: 331: Mar; 321 Máy: 3.23; Sust-ferati per a, ple! RUBBER - Ca 3.10,
Open interart: 6,100 contracts. - Contract No.: (domestle) Mar: 5.45; May: 5.51; July”: 6.55; Sept 0.76; Nav! 5.73; Spot (ents
Briters BUEN
7.23
701
4.30
4.59
Atom Dev Mut
5.51
01.01
21.40
P.23
Bullock und
11
1404
Canedo Gen Fa
14.03
19.14
Canadian Fo
18.74
20.30
Canadian Ini obawi
P.48
12.49
"Chemical Fa
10.31
$130
Comwit Suck
14.65
Noort
Dividend Sh
3.01
2.20
Dreyfus Fund
17.52
13.00
Patón & 11 Stick
23.43
25.09
Electiontes Inv
054
Found Mut Fund
9.81
10.71
Hami Ed 2017
4.03
331
Just Found
10.00
11.31
TER Growth
11.02
1203
7 01
7.57
Rivet Tr Bosna
11.32
14.37
Keystone Cust 1.2
22.GU
Keystone Cunarda
17.09
130
Mini Jay Tr
1978
Mans Growth
Nat See Set: ......
Seudder St & CE
1911)
“An stallon' antys tier 40”.
121
Intit Income
Value Line Ft
Well; glou Fo......
7.15
Der 1, clf NY ex-duty): 5-ln.
Open Interest: 2,003 contracts,-.
Exchange Rates
Business was dorse In a real nicial exchange Tirket Wernige at the railtowing interi VS. dollars (per 1) Sterling note wher
Undedesub majiah
Suitpern istrally
thay
514
1525 Ifonskong and Whampoa
Docks. $2 and a bonus of $3 $2 dividend and $6 bonus last year.
DILITIES Trumm
....
1.50 10000 w 1250 &
1.50
Anisle....
2.173 2.176 2000 2.35 Trant 2273 223 11000 4 2225
2 75
20.00 20.00
•
A. Tawah
1900 40 426ла 1000 26.70 100 250 1000 : 20.20 Star Ferry 107 Vaumatt
03 951; 700 @ $15 C. Light
(0) 1020 10.80, 3003 70 10.07 2000 16.70 Eleride,
Mutuo F. velephone, ......
I ALL ADDS UP TO
Provident 1K
Hotels
HK Lands
- 8.75
-82
Glance ⭑
-100
steady
★ The Share Market
Jan. 22 Jan. 29 Feb. 5
Feb. 12
Feb. 19
Up or Down
Dividend Yield (%)
& Bonus
HK Bank Lombard
50714
802
805
800.
81716
+$173
$48.
5.0
27b
20.40m
Union
*359m
Forb Tes
21h
7235m
28 72b
12
7.2
——37
53.40
4.75
Wheefera
5.05
5.55
6.70
5.85
750
13.2
IK Wharf
1009
93
98m
0.85
IIK Dock
450
45
4
A
444
11.2
11.00
.12
12.10
12.20
. 12.10
100
91.10
0.1
22,40
22.10
23.10
25.30
23.30
steady
$32
Job
3134
32
3244
3131
500
$2.40
7.55
ILK Realty
1.50
1,30
1.625
1.025
1.528
strady
100
0.8
HK Trace
20.00
27
20.80
-200
$2.
7.5
Star Ferry
1006
107b).
112*
121
103
---$3
$
8.3
Yapmalls
931
9314
0416
800
B.05
10.20
1014
10.80
10%
10.60
+100
$1.10
0.0 ་
15.10
25.60
25.70
26.30
2614
2014
riendy
$1.00
ገ።
25.70
25:00
25.00m
26.60
25.80
---10€
$1.78
4.8
25
25.305
20:90
23.70
26.00
+200
$3.25
12.0
100
10.30
16.69
18.50
16.10
400
81.7244
11
13.40mm
13.60
13.80m
17.00
13.50
10%
1.25
14.30
14.201
14.40
14,70
14.70
-6.35
5,25m
4.15
5.15b
5.150
sidy
$1.50
102
A5c
12.0
in
4m
4m
3.95
2,05b
steady
250
0.3
0.00
9.60n
9.40b
ALLD
10
+500
80c
8
4x
3.90
3.025
3.975
4
6.700
6.75b
6.70
6.80
4.80
+2126 steady
..
600
15
300
11.8
Ch Light
Elentrian HK Telephone G. I. Cement Dalry Farm A. S. Watson Lane Crawford Infl Investment Affled
HK & PE Iny
Textile Corp Nanyang
חיקות
THE TALLY: Last weak, 13 higher, 6 steady; 6 towar.
This week, 6 highor, 8 steady, 11 lower.
New York Prices Firm Tone In London
Dow-Jones closing averages' Int'l Tel. & Tel.
were:
30 industriel YO TRIS
15 utiles Ik stocks 40 bonds
05
B2
Fa-Mraville Ca.
Kar Industry
131
203.01
Kenan C. Power & Light
**
194.21
Kenneesti Enevier
11125
Kimberly Clark
200/1
Lapoli Mezoek Tel.
80.43
Lockherd Atterat
Comen. future price index Moody's index
140.81
Loews Incorp.
3000
Lone Star Cement Co.
Closing Prices
Loweniefeln & Sons. McDermott J. Ethy
(Am.
Alden Inc. Acy.
Am. Brake Shoe
Allied Chemicals
Allied M. Inc.
Allis Chalmers
|
|
Ammertown Airline
Americon Cable & Rodio Corp. Amerkan Cyanid cv.
Amer. & Forgn. Power
Aan. Gas & Electric
Am. Home Prod. Am. Mach. F'dry American Metal Ameron Smelung An. Sugar Hef. Amerigan Tel. & Tel. American Tob. " Anaconda Cupper Armco Steel Armour
Atlas Cons. Mining Beckwon-Lima-Ham. Badunce & ONG Beneficial Vinants Bendix Aviation Corp. Benguet Cont.
Cat. Tractor
C. I. T. Flanela) Corp. Chase Marhat, Xanic Chrysler. Motors
McDonnell Aircraft
Steck Exge.)
Mesohl Iron Cor. 100% | Minnesota Mining
Mission Development
274 Stansanto Chenteal Co.
44
4014
Montgomery Ward
Motorola Inc.
204%
National Blculi Co.
National Cash Reg. "A
12
National Dairy Prod.
00
1271
Hallonal Lea
201
-5343
17
National Steel Carp,
Tew York Central
Norfolk & Western Ry.
North Amer, Aviation
North-west Airlines (Corn)
Cille MathLesag
Oris Elevatore_...
· Owen-Illinois Ginas
Oxford Paper Co.
Prafie Gas & Elec. Pan Amerluan Airways
Paramount Pictures
70
29
London, Feb. 19. Stock markets today maintained a firm tone and most sections abowod, useful gains, Senti- mont WBO helped to come extent by yesterday's rally on Wall Street, But in some place disappointing company" nawo had an adverse effect on In- dividual stocke.
Despite the fact the bank rate was again unchanged today, mit-edged continued in favour and improved to the extent of
an eighth although thelundated stocks were out of the plotura, Steel shares were quietly firm
but engineering issues-ward mixed, electridal equipments were generally firm and build. Ing issues mada further hoed- Way but televlalan shares were quil
Gold
share failed to continue their initial advance and many prices clipped back. Platinums ware Gem on the rise in the metal Kult-Q.P.I.
price. Coppers werd
P&O
OB⋅I │E&A
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTAL S.N. CO.
LEAVES UK.
Salled 22/1
45%
2710
Parke Davis Co.
73
Penny J.C, Co.
Venn. Set Co.
Bethlehem Steel
&
Philip Meraiu
Boeing Airplalle
419%
Procter & Gamble Ca.
Borden (The) Co.
Pittsburg Plate Cleis
Calit. Packing Corp. Burmughs Add Merelline Campbell Soup Co. Canadian Paciile R.
2772%
Publicker Sexinstries
33%
Radio Corporation
30%
Radio Corp. Pref.
25
Republic Steel
Cetone Corp....
201
Rematics Motal
OUTWARDE
"CARTHAGE" "BALSETTE"
DUE N.E.
DEM
Mer,
Salicd
0/2
13th
Mar.
Sez, Roebuck & Co.
33
shell O Co.
Salled
1/2
11th Mar,
2nd Mfer.
1st Apr.
19th
APP.
10
LEAVES 11.2.
3 p.m. 21st Feb. Nond Neon
29th Mar.
13th Mar.
13th Apr.
10th Apr.
1912 May
26) May
Noon
Moon
Och By 8th Juno
8th June
7th July
Cluett Peabody
Colombian Carbon Ca.
Cuban Amer. Sugar Diamond Alkali
Kwong Sung Hope, $7 Anal-Diamond Gard same as last year.
Greenland Cement, $8 and
a bonus of 25 cents—$3 dividend last year!
Turnover for the week was up to the $4 milliori mark com- $1,88 millan for pared with three days of business last
25.40 5643 7 6 20 week. 23.10 £6.20 121
9.30
Market Diary
Douglas Aircraft
Dow Chemicals
Eastern Airline Eastman Kodak
Secuny Mobil Oll
6132
Safeway Stores
85% Stunt Reg. Faper
Scott Paper
| Emailer o
Smith, Cilne & French
Solar Aircraft
Sauth Puerto Rico Sugar
Southern Co. (The) 2..
"SUNDA"
"CANTON"
"SALMARA" 3rd Már. SINGAPORE" Mar.
HOMEWARDS
**SURAT" *CANTHAGE" "CANTON"
*IHSIALAYA” 11. 30th Apr.
**COXFU*
"CARTHAGE"
Apt.
BUS LONDON
Và Erport, Peasts, Colombo, Bombay, Am a M Blo
**
“SURAT“ amite Colombo a dombay, and extendy
to Hull, Hamburg, Hollerdam and Antwerp, -
时间
Colgate-Palmolive Co.
DO
478%
Commercial Credit
do
Commonwealth Elec.
Consolidated Eduan Continental Oil of Del.
Crown Zellerbach
0314
607
Southern National Ga
20
Southern Railway (Co.)
Standard Brands
3718
Standard Ol$ of Cal
33
00:
Standard D of NJ
Standard Oil of Ind
Dupont de Nemours
21414 Sleep Rock (Toronto Exze.)
.391%
Stokely-Van Cainp.
14934
Kunzhire Mizing
El Paso National
374
Swift & Co
Familly Finance Corp.
32
Textros Ine
Firestone Tyre & Rubber,.
Thioket Cliem.
First Nat City Bank
Tide Water Anm. 01
78
Geteral Dynamica
001
Time Inc..........
General Electie
774
Tri-Cent. Warrants
General Foods
7D
Twenlleth Century Fox Film
Union Dil of.cal.
40%
AB
Union Pacific tollway
គេ
United Aircraft
ZUN
47.15
"Tülled" "Cat"Corp,”
*
"SANGOLA” in Port
201
Smelting
1101
UB. Steel
913
UB. Steel 7 PC, PF
Heyden Newport Carp.
*14PWHTHORBITS***...
mertake Mining Co. Idaho Power
Waukesha Motors
47%
Westinghouco Air Brake
341
Ingersoll-Rand
Westinithore Electric
10:5
Innd Steel Co.
138%
Western Union Tel. Cu.
Infprobavnical Corp.
Wert Va, Pulp & Paper
It Business Machines
Winn Dixie Blores
Tri? Harvester
Woolworth (K. W.)
International Nickel
International Paper
11995
General Motori
Itere a market diary of the 25.70 76.9184) #4 23.BO
20.70 24.10
8.95 | INDUSTRIALX
SATISFACTION
Consider the advantages offered by Lombard Banking
SECURITY
The Bank's Capital and Reserves
AVAILABILITY
Convenient withdrawals-first £100 avaliable
on demand
YIELD
Joleness at 5% per annuum pold half yearly without deduction of United Kingdom Income tax. Each factor contributing its share, it all adds up to successful banking, to your satisfaction.
6%
Write to-day, for your copy uf "Bank Deposit Account” booklỹ No. A¤74 16
LOMBARD BANKING
-monodbits'
LINITED
~ DANKERS A
LOMBARD HOURS, BURDA STREKY
PARK LAKE, LINDUR 9:1 Tylanhawu: 000 411) ⱭS Nano
Azsociated Huards &
LAMBRIS KANYWHO (FAN LAND AN
PINAAVION HOUSE, ENFLETOMY
SIRSAPORE
A World-Wide Bank tug und Firmor Organisation
Daley.... Waton...
12.90 Jane, Crow. 14.00 COTTONS Textiles.. 3.53 G.75
15
Vibro
WIECTULÁNKOUS INVESTMENTS Int., Inv. 5.15
3.03
wetk:
20
Friday:
COU
20, 46)
Monday:
2500
2015
420
10.20
2200 13.95
Tuesday:
15
700 9 сво
WESTBOUND
"HIMALAYA"
(27,855 tons) "HIMALAYA"
en, Pub. t.
Gen. Tyre & Rubber |·Gerry ̃ ̈O}}=;
Alder. Co.
No material change. Goodrette
0192,000,000 year
Price changes few and emull, T/D
SU13,000.
Pricus maintained.
T/0; $829,000_
Wednesday: Quiet conditions.
T/O: $183,000.
Thursday: Prices moved with
In narrow limits.
TVO: $1,991,000.
Gramanan Atrirafl Gul 01
and Organ
Orient & Pacific
LINES
Japan/Pacific Service in 1959
10 Apr.
23-20 Aug
Esediulu 15th Apr,
Unned Frui
US. Foll "13"
149,-Lite_C
Zenith Jadis ...
"ORMARA”
dne
(Cruises-then leaves S.F., 20th Jame for UK. vin Panama.) (Continues to Sydney vin New Zealand.)
BRITISH INDIA S.N. CO., LTD,
from Japan FD=16"Cingapore-Penny por *tangoon & Calcutla
4 Straits
all 10 Mar, rue Japan
P. & O./B. I, JOINT SERVICE
"ORNA".
41 Mar. from_Japan
ali 6th Mar. For Singapore, Penang.
Cochin, Bombay, Kara- chi, Kuwait, Basrah & Khorramshahar
due 0th Mar. from. Karacht. Kandla. Bombay, Cochin, Tuti- corin Singapora
wails 7th Mar. for Japa
dus 15th Mag. from Bombay, Cochin, Tuticoria & Singapore * 10th Mar, for Japan
due 8th Mar, from Japan & S'pore Majik 19th Mar, for Skigapore, Bombay. Karachi. Dubai, Kuwait, Bastali, Chormashatır
Kuwolt
EASTERN & AUSTRALIAN 5.9. CO., LTD. "KARMALA" loads 3rd Mar,
"EASTERN".
in Mar. for Labuch, Sandakan, Belabane, Sydory di Mia!bourne
dari Mar From · Australia sulle fölb Mar. for Japan
All voorsia have Ubarty-do- cali “ah aky, porte un or off the route ✯ the route & Settigs áru mikluet
to change or amendment with or wilbeut naised.'''
Lver, Vand.
4th Apr.
24th Aug.
San Fran,
0-0th Apr,
-20-271) Aug
Los Angelen
2nd Sept.
Yokohama
23-24th Apr,
10-11th Sept.
Kobe
23-20th Apr. 12-13th Sept
Arr: Hongkong
29th Apr.
10th Sept.
*
t
---
Kobe
Yokohama
16th May
Hovelalu 23rd Mar
Vancouver arr: San Francisca 28-20th May
31st May
27th Nov,
EASTBOUND
Lve; Ilangkung
12th May
"CHUSAN”
(24,215 tons) "ORCADES" 7th Nov. 10th Nov. 11-13th Nov, (28,000) ton
SOUTHBOUá
Lveongkong
"HIMALAYA" 10 Sept.
NORTHBOUND
Lvo: Bydney
27th Oct.
Marlia
18-19th Sept.
.
19th Nov. 24-25th. Nov.
Japan/Australia Service in 1959
(Leaves Sydney End Det, for UK, via Shurz:)
Arr: Sydney 27th Sept,
Manila
4th Nov.
arr: Hongkong
6th Nov.
"OLINDA"
"OKHLA"
میش
Roules and Ballings are subject to change or cancelinifan with or without notice.
* Leaves Hong Kong 20th, Apr: for UK. via Bluet
+ Continues to Sydneymisee above,
“) Tre, full particutees apply tapem
KİNİSON, " \EKLİCITÉ A do, or HONG KONG LTD.
TELEPHONE. ROS: 27121/9, 84409,-
for full particulars apply to: MACKINNON. MACKENZIE & CO.
OF HONG KONG LTB Telephone Nos: 27721-4.
"ORCADES"
↓
(Continues Trapy-Paolio-sed above.)
*