HONGKONG STOCK EXCHANGE
Joy
Our Own Correspundent
Business done on the Hong- kong Stock Exchange this morning amounted to apprtixl- mately $143,000. Noon quota- 1lons and the morning's transoc- tions were:
Share Buyers Reliers Balus
INSURANCES
Un bon
Lombard
Wanelork
SHIPPIG Waterboat.
23,60
Asia Nov. 1.75
500 1.125
K. Word
DOCKS, ETC.
330 3.00 200 0
00.50
6.33
Provident.
44
120)
By A SPECIAL CORRESPONDENT The Hongkong Stock Exchange was in the doldrums this week and towards the close, prices seemed to improve fractionally and the market firmed le 23.30 23.20 slightly,
The world political situation hus made buyers hesitant al- though good dividends have boen declared in the past month,
The statement of accounts of Humphreys, Lande andi Electrics are now in the hands of share- hutders and all cases profts for the year were higher, but the market is still depressed
Hongkong Banks continued to be soft and they lost $12.50 on the week after being quoted ex- dividendi last week. Unions. however, were steady,
Many of the uulity shares are showing very attractive yields after being quoted ex-dividend this week ond price movements have been slight either way.
Turnover for this dull week was down to $1.3 million com- pared with $4.18 million last wiekt,
Dividends
Dividends declared during the week were:
Vibro Piling, $i dividend and
*
30.000
17.10
30.152
10.406
篇
32.00b
34255
101.75b
$1 bonus-$1 and $1.23 bonis last year.
*
101b
NEW YORK
Rex rubber futures
14
Alden Inc, Acy.
$ 20%
closed
slx to 20 points
today lower
lows:
Allied Chemicals
180
Allis Chalmers
20%
Kuiter Industry ..................
131.
with sales of 50 contracts.
Lead Mar.
Kansas C. Power & Light
March
30,72
May
Am. Brake Shor
DU
Anwrican Airline
201
Am. Cable & Radio Corp
Kennec Copper ........
aggelt Meyers Tob. Co.
114%
May
30,13
Zinc Mar..
87
July
31.28-17
May
Sept.
31.12
Copper Mar
American Cyanand ca
5472
Loews Incorp. ...................
Nov.
May
AJET. FOERA. Power
17
Line Ster Cement Co.
Jatt.
31.50
TH
Mar
50
Lowcasein de Hors,
172
Mar.
31.10
May
132
McDermott J. Ray
47
.
630.
McDonnell Aircraft (Am.
Stock Expe
54%
Mesabi Iron
42
Minnesota Min
Alsion Development
2122
1033
Monsanto Chemical Co.
40%
No. 1 rubber
Montgomery Ward
No. 2 rubber
217
No. 3 rubber
2.49 namt, 2.47 now, 2.44 лот.
Ta
Nptional Cart Reg.
195
National Dairy Prod.
50**
No. 1 crepe
2.61 no, Copper
National Load pa
1133
Spol J-month
Spol
44
Nailonal Steel Corp
BJ14
3-month
TEU 7521 783
24316 24534 24312 2454
27 1
New York Central
27LS
Lead lat halt
76'
Norick Western Ry.
Mar
North Amer. Aviation
45
buyers
[
June
71 · 71% 7234 721
53
North-west Airliner (Com,!
ጋዜ
Zine ist half
Olin Matican
40
served.
70
Olls Elevators
10
No. 1 rubber per b. Mar 874-873%
Mar.
4244
Owen-Jitno
Glas
87
Aprit B-80??
June
70 7014 7412 -U.P.L
35
Oxford Paper Co
337
No. 3 rubber per ib.
Mar 16-88,
SUL
[CITY LIGHTS
"Just playing a hunch, that's all, ver-see if pos
can buy me a few hundred
'Soft Drinks"—"
London Express Service
( 12.20 12.30
LAND, ETC.
4.10
BK Land 29.20 29.00
234'
4.10
14,00
Humphrey.
Fix all..
Realty ...
RUEDER
1.475 1.225
Analg. 2025 2125
UTILITIES
Tram. XD 19.20 265A Star Ferry,
XD ... 354
Younal..
C. Light
300
114
183 300
100 +
Elerk
230 25.50 700 M
30 44
10.00 10.00 1000 10.00 *4,36
300
Macno E.
0.35 Telephone 23.40 20.00
100
50.50
(N) 23.69 29.80
21.71
Cament,
XD
STORYS,
Dairy ...
23.10 2320
10
Wation ... 13.40 13.00
be, Craw 14.03 14.70
COTTONS
Nagyang. MISCELLANEUS VIDIO..... 13.00
INVESTMENTS Allied HALF
0.00
Freeter & Gamble Co.
Pittsburgit Plate Glasy
Publicker induiries
Pure Of
Rudy. Comairation
AMSTERDAM
The rubber market was dull. Prices closed in guilders per kilogram, cif March as follows:
No. 2 Yubber per 1b. Mar 001-071
No rubber per ib, Mar 83-00
Spot rubber inhaled
Blanket crepe
No. 1 pale trepa
LONDON
steady with
874-872
017-83
B015-011
The rubber market was spot quoted at Prices: Na. I rubber RS po!... 232-257
Bettlement, house term:
20-501% 20-2016
LONDON
Prices of metals closed today in sterling per long ton as fol- lows:
Buyers Sellers
SUGAR
New York. Workd No. 4 sugar lutures closed today unchanged to three points higher with sales of 217 contracts.
elosed Domestic No. 1 sugar 234-201 2011-20 unchanged to two points higher
with sales of 98 contracts.
Contract No. 4 (world) May: 3.16: July: 3.10; Sept: 317; Oct: 3.10; Jall: 3.10; Mor: 3.17; May: 3.22: Epol-frente per i lob Cuba): 3.68.
Open interest: 6529 contracts.
Contract No. 6 (domestic) May: 41; July: 5.69; Sept: 0.63; Nay: 10: Spot-cents per ib. elf
NV ex-duty): 8.40,
Amalgamated Rubber, 7 cents bterim-5
year.
cents
Interiin last
Hongkong ang Kowloon Wharf
aud fioduwn Company,
lividend $0 last year.
58
Hongkong Englacering and Construction Co., Ltd., 20 ennis and a honus of 40 cents-sammė as last year.
Hongkong and Yaumati Ferry Co, 55.50 final for Preferentiel shores
for Ordinary and 95 shutes-same as last year,
Quietest
Here is an Ice House ob- arver's account of the market:
عال
With buyers adopting A cautious attitude the Stock Market experienced quietest week this year with the Overal} lumover only amounting to approximately $1,897,000.
*
P&O BIE&A
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTAL S.N, CO.
OUTWARDS LEAVES UE._ "CARTHAGE" Balled 2/1 "SALBETTE”
Salled 0/2 "*BUNDA"
Balled .8/1 Salled 2/2
"CANTON"
"SALMARA"
DUR H..
9th Mar.
13 Mar.
10th Mar.
In Apr.
Zirt Apr.
22nd Apr.
4th May
May
DUR LONDON
8th Mar,
Prices have tended to det?t fractionally lower in segle trading
+
Eight
with
one
"CANTON"
"SINGAPORE" 15 Mar. "CORFU" "CHUSAN"
LRAVES HE HOMEWARE "VARTHAGE” Noon 13th M
Noon 10th Apr.
3rd Apr.
11th Apr,
11
13th Apr.
17th May
*"SUNDA"
A pm. 19th Apr.
25th May
"HIMALAYA"
11. p.zik. 30th Apt.
29th May
*
"CORFU"
8th Zupe
*"BINGAPORE” 5 p.m. 18th May
26th June
"CARTHAGE" Noon 8th June
7th July
oti
particular share calling for any special commett,
Batisfactory
an- dividend nouncements continued to be made and it is difficult to understand why the market has turned to dull and quiet as the undertone appears quite steady.
*
*
*
Quer Interes57entre Market Diary ----★
Noon 8th May
Via 'pare, Penang, Colorado, Bombay, Aden z Pt. Hala,
"BUNDA" and "SINGAPORE" Omit Colombo & Bombay and extend_to Jambore... Rotterdam,
and Antwery.
20.40
23.00
CARS FOR SALE
1948 STANDARD 5 wale mocles. Excellent condition. Only $1200. Call 34121, extension 450, office hours.
NOTICE
THE HONGKONG AND SHANGHAI BANKING
CORPORATION
ORDINARY YEARLY
GENERAL MEETING NOTICE IS HEREBY GIVEN that
Ordinary the Yearly General Meeting of the Shareholders of the Cor- poration will be held at the
New York, Mar. 5. Dow-Jones closing averages
were:
49 bents
Colin. future plex
Closing Prices
Am. Gas & Eltetrie
Am. Bone Prod. Am. Mach. & Fry American Metal ... American Smelling A. Sugar Her... American Tei & Tel American Tah. "I Anaconda Copper Aunco Sleel Armou
All Co. Mining Hakdwin-Laina-l tami
Head Office of the Corpora- Haltimore & Ohio
1ebela Finance
tion, 1, Queen's Road Cen-erdix Aviation Curu. tral, Hong Kong, on Friday, Benguet Cons.
Bethlehem Steel
Borden Tie Cu.
Burrough Add Stschine Calf Packing Corp. Cation File At
Campbell
e. Il Co. C. Tractur Celanese Cons
the 13th day of March, 1969, Airplane at Noon for the purpose of receiving and considering the reports of the Directors and of the Auditors and the Profit and Loss Account and Balance Sheet for the year ended 31st December, and for the election of Direc- tora and appointment of Auditors.
THE
1958,
OF
REGISTER SHARES of the Corporation
Co
C. I. T. Francial Corp. Chase Manhat, Bank Chrysler Mutors Cluet Prabody Cate-Palmolive Co. Colombian Carbon Co. Commercial Credit Comunnwealth Flee Consolidated Edison Continental U of Del. Crown Zellerbugs Cuban Amer. Sugat Diamond Alkall will be closed from Friday, Diamond Gard the 27th day of February to Dow Chemicals Friday, the 13th day of Dupont de Nemours March, 1959, (both days in-simon Kudak clusive) during which period no transfer of shares can be registered,
By Order of the Board; MICHAEL W. TURNER
Chief Manager.
Dulu Alrefafl
Eastern Airline
El Paso National Family Finance Corp, Firestone Tyre & Bulber
rat Nat. City Bank Ford Motor General Dynanatoa -General Electric.
General Foods
General Motory Gen. Pub. UU.
Gen. Tyre & Rubber Gelty On..
Glidden Co
Hongkong, 9th January, 1960-corr
Any questions?
والفلة
Grumman Airurafi
Pacifle Gas & Elec.
Pan American Airways
Parnunt Pictures
Penny J. C. Co.
123 Standard. Olf af. Ind.
SINGAPORE
Afier a slightly higher open-
ing the market eused on some profit-taking and
25-13/16 pence per lb.
24
fi3
Parke Davis C
501%
42
Penn Salt Co,
ཚར་;
Philip Morris y
55
100
473%
60
Radio Corp. Pref.
301
Republle Steel
7041
April
601
Reynolds Metal
82
Lay
Boar, Roebuck & La,
433
April/June
30
Shell Oil Co.
NOT
July/Sept
Bateway Stores
393
OCL/Dee
Saint Reg. Paper
4412
Jan/Mar
Sealt Paper
05
Deneral markets, cif basis, ports:
Sinclair Oi
Mar
2218
Smith, Cline & French
111
April
413
Sucony Mobil Oil
481
May
251-257) 251-20
1622
Boler Aircraft.....
2014
Estate crepe in
30
South Puerto Rico Sugar
2011
Estate crepe thick April
34
Southern Co. (The)
145%
Bouthern National Ga
7412
Southern Railway (Com.)
Staklard Brande..
41%
Standard Oil of Cal
Standard Oil ̈¤X_N.J
Steep Rock (Terono Exgo
Sterling Drug Co.
76x1
Stokely-Van Camp.
189
481
Studebaker-Packard Corp.
1112
Switz Cot
30%
Texar Co.
Textron Inc.
Thickol Chem.
Tide Water An Ol
Time Inc.
70%
Tri-Cont. Warrants
Twentieth Contury Fux Film
Union Carbida
2006
Vision Oil of Cal.
412%
Unton Focifle Railway
37
today as follows:
Untied Aircraft
50%
Unlied Fruit
44
United Gus Corp.
U.S. Fail "ogy"
U.8. Gypsum
CB. Rubber
4712x1 1083
Us. Line Co.
U.S. Smelting
36
American Contract
US. Steel...
D3EA
US Steel 7 P.C. Pr
181
Mar/April
21.90
Warner Bros.
31
May/June
7125
Waukesha Molors
July/Aug.
20.15
Westinghouse Air Brake ...
Oft/Nov.
19.53
Westinghouse Electric
10
Dec/Jan.
19.30
Lisbon
Western Union Tel. Co.
לט
Mar.April
19.30
451
Mixed Contract
Parin
Mar/April
$2.00
May/June
21.05
Vientia
2321
July/Aug.
10.20
Zurich
3.P.I.
Oct/Nov.
19.20
Dec Jan
17.10
Mar-Apill
10.10
BAO PAULO
*"* Yes
Mr. Chairman, Surely you agree that an Investment in a Bank Depasti Account with
Lombard Banking it one of today's
Finest opportunities
for increasing income.
"Certainly. We should have used this method a long time ago. We will certainly invest our funds in Lombard Banking."
A capital proposal. For Lombard Banking offers the maximum return vo
Bank Deposit Accounts, plus Complete Security. Companies and individuals
requiring a regular and secure income based on realistic rates of interest, paid without deduction of United Kingdom income tax, should write immediately for copies of Bank Deposit Account Booklet
No. AO.74 to General Manager....
LOMBARD BANKING
Food OZN
LIMITED... BANKENS
LOMBALO HOVER, VURISM STREET
› PARK LANE, LOKEZI WI
· Tilestone : 660 4111 8 Baag
LOMBARD JUUKIN TURKASTIETO
4 Wald-Wʻlla Janking and Drummer Organbacher,
West Va. Pulp & Paper
Winn-Dixie Stores
Woolworth (K. W.) Zenith Hadia
COTTON
NEW YORK
Prizes of cotton futures closed today as follows:
Mar: 35.15-82;
Spot: 35.60 4.45: C1: 32.22- May: 35.17: July:
24: Dec 301-03; Mar: 33.01; Mey: 31.2; July: 30.3.
NEW ORLEANS
Prices of cotton futures closed
Spot: 33.05: Mnr: 14.18: Mey, 198
July: 34.40; Oct: 221; Dee:
41xd Mar: 52.00; May: 31.03: July: 300,
LIVERPOOL
Collon future closings, in
54 pence per lb. were as follows;
Agreed Merchant Prices all unquoted.
Rates
Here is a market diary of the
weck:
*
FOREIGN
Friday:
EXCHANGE
Quiet note, 170: $554,000.
Monday:
Quiet conditions, T/O: $524,000.
NEW YORK Closing rates were:
Tuesday:
England 10-days
1.03 3/32 2.00 7/8 .1275
11.1/4
Thursday:
Dull and feature- less, T/O: $264,000.. Wednesday: Trading on light scate. T/O: $160,000,
Price changes insignificant, T/O: $395,000,
"BANTHIA"
2.12 11/10 2.72 3/4
10 3 1/8-70.01 1/4
Canada
Colombia
Uruguay
Others unchanged.
LONDON
Closing rates were:
New York
Montres Amsterdam
Brumels
Copenhagen
Frankfurt
Stuckholm
***
2 1/8-2.01 3/20
-140.47 174-140.52 1/2
19,37 3/4-15.30 11.75 1/2-11.75 3/4
$.15-10.33
3141 1/2-1741 3/4. 12
13.78 1/4-13.70
14,54 1/2-19.54 3/4 52.84-73.07
$2.15 1/6-12.15 3/0 Other unchanged.PL
Exchange Rates
Mutual Fund
Quotation
The following are quotations
of Mutual Fund in the United Business was done in the local States in American dollars. Tho the | unomelat – exchange market "this buyers' quotations Include com-
mission: une-inch moning at the following ruter:-
US. dallar
1)
9.15 spot Sterling noter De
15.92 12.75 Affilated Fund Australien 'notes (per dij
6.60 Indonesian rupiahs (per 100)
Singapore (Stralto)
In the United States,
price of average cotton at 14 designated Canadian Dollars Maximum markets was 34.23 cents.
Total sales were 33,037 bales. Since ticals (per 100) Minimum Buying | Solling 10%. 17 T/T; 17-1/18 0/D.
It
-U.P.I.
LONDON STOCK MARKET
next
Mutual Funds
Ballers Buyers
7.39
*7.09
A Bus Bars
4.24
4.04
20.03
Alom Dwy Mat
6.70
0.20
1.02
Aze Bought
35.65
Dullock und
Canada Gian Fund ..
15 08
Canadian t
Canadiant Growth
0.83
9.63
Comwlin Stock
14.99
Dreytus Fund
Chemical Fund
Dividend Sh
Tatum de 15 Stock. 1534
London, Mar. 5. was hulle interest. in Trans-❘ dend
week. Television Dectronics Innr was another satisfactory | Atlantle stocks, but the under-shares were firm. There was Found Mut Fund
Httle novement in the blue fall Found
Hamis ka HC-7 dny in stock, markets and meat tone of this market was firm. sections were able to show
made fur-fatit Growth, Įchips. Insurances
ther headway.
Inalit Income further useful gaine. Bentiment
Invest T Baston Kerekne Cust: "D-1 The Kame market, was unKeystone Canada settled and moved erratically | Min: Jay Tr
Boying continued In Industrial was helped to some extent by equities Among the dull spots the reduction in unemployment were shipping shares where the P.' and O. tliipping company's Glit-cdged had another good poor profit statement had
Represing, effect. day and despite the unchanged
figures.
a but we looking firen- towarda | Mam Growth
d the close. Coppern were qulet Bouddha, 11, à Cha
banic rate closed with gains of in motors Rovers were strong is
Net Pro, Bar Growth Taler
drift Tower
an Elite ruha ****
Wellington. Fund
up to 3a sd sterling, Foreign on takeover sea and Ford, In-- Olle toruled bonds were irregular, Thara proved in advance of the divi- but rubbers were armeU.P.L.
10.18
BRITISH INDIA S.N. CO., LTD.
"'HAVILDAR” dua' 14th Mar, from Japan
aalle 16th Mar. for Singapore, Penang,
Rangoon & Calcutta
due 22nd Mar, from Japan saila 23rd Mar, for Calcutta, Rangoon
Je Straits
"ORNA"
P. & O./B. 1. JOINT SERVICE
"ORMARA"
In Port
From Japan.
alls och Mar. for Bingaporn, Penang. Cochin, Dombay, KarA- chi, Kuwait, L'aaralı d Khorramshahr
Kandia,
Bombay. cintabore
Tuti
dae 7th Mer, from Karachi,
corin & saila Bil Mar, xux Japan.
due 18th Mar, from Bombay,
Tulicoria & Singapore walls 10th Mar, for Japan
due 13th Mar. from Japan & -S'pore Balls 19th Mar, for Singapore. Bombay, Karachi, Dubai, Kuwait, 3rd Khorramahaba
"OLINDA"
"OBIILA”
Cochin,
EASTERN & AUSTRALIAN s.5. CO., LTD.
"EASTERN"
"ARAFURA"
dum, 10th Max. from Australia anile lith Mar, for Japan
due 29th Mar, frogs-Australia
male 31st Mar, for Japan
All vermis kave liberty in call as any ports on. or mử the route à the rente à pattings ara subjoek te change or aukondmma with or without melior.
For but particulers apply to i MACKINNON. MACKENZIE & CO. OF HANG KANG TID Telephone Nav: 27791 4.