THE CHINA MAIL, TUESDAY, MARCH 17, 1959.
Stocks Move Irregularly On New York Market
New York, March 16.
Stocks moved irregularly in active trading today.
Gains and loses of t point or Chryster Motors more luftell the main list as Cluet: Pesunty prot-taking increased.
Colgate-Palmalive Co.
| Colombian Curison 25. Losses of a point or more Comineretal Credit
Comundawealth Eler
appeared in American Tobacco, Consolidated Edison Du Pont, Goodyear, Kennecoli Continental Oil of Dėl and Union Carbide, all are used
the Industrialan Anier, Sugar
#11
average.
compiling
U.S. Rubber, at In average group, rose more than Tele-
the
Crown Zellerbach Diamond Alkoll ... Dotigin Alcraft Doty Chemiepts..... Disent de Nemours Farben Airline Eatinan Kodak ............. 13 Peso National Cas Family Finance Ceni. Andaine Tyre & Nibber
Past Nat. City Bank Ford Motor
a point and American phone, Thiokul lost more than two on profit-taking Polarold morc than three. American Home Products was off around two as were Schun ley and Texas Instrumenta.
RCA rose around polet in electronles. Douglas, Pepsi-Cola, Texas Co und Western Union had fractional gains.
Today's volume was 4,420,000 zhares.
Of a total 1,124 issues traded, 274 were tilgher and 772 tower.
Amerteon Exchange volume was 3,140,600 shares.
Bonds volume was $9,330,000. Dow-dones closing averages
were
30 Industrial:
General Dynam!ci General Electric
Gehera) Fonds General MoLOTS Gen. Put. Util. Gen. Trie & Hubber
By O Guidora CR.
McDonnell Aircraft (Ain.
Mock_Exuc.)
Mirabi Iran Corp.
Owen-Binale Qlea
Puramount Picture
Procter & Gamble, Ca. Pltsburgh Plate Class Publicker Industries Pure Oll........ Radio Corporation Radio Corp. Pret.
Republle Steel
Reynolds Metal
Hearn, Rochuck & C
Shell' Oil Ca
Baleway Biores
Scott Paper
10%
HONGKONG
STOCK EXCHANGE
by
Our Own Currespondeel
Business done on the Hony. kong Stock Exchange this morn- ing amounted to approximately $138,000. Noon quotations and the morning's transactions were:
Dayer Restes
Horres
INSURANCES
Lombard 2012
KIIPTING
Waterbout,
XD.....
LAND. ETC.
2244
6.35 5.00
Sales
CHATTER ON WALL
STREET
New York, March 16.
We can only conclude that the line of least resist- ance in the stock market remains upward, says Flache & Co. Technically, the action of the teck market has been highly favourable for price to move up, consolidate their position, and then tollow through on the opside again, according to Van Alstyne, Noel & Co.
ENCOURAGING
Yesterday's Closing
COMMODITY
FOREIGN EXCHANGE
NEW YORK Closing rates were: Canada England fetal
Australia
New Zealand Bouth Atrica Belginer
Dermany
Other unchanged,
LONDON
Closing rates were:
New York
Reynolds & Go finds the pre- sent outlook encouraging for John-Manyllle and Toples for Mantrent higher sales and earnings för | Abelerdam
Bruxels The company in 1959 and says;
Copenhage another building Frankfurt 11.20the same for
equipment Issue, Celotex Corp.
Valuc
Lint looks for a new
in the 800 23.60 high record
poper in- 2000 23.00 dustry in 1959, and higher
79.10
400 20.00 20.00
dividend
29.85 sales, cornings, and
4.50 for most building companies.
Pubile Service Electric S
should have
tharp carnings in Billle
#
1900 after since 1955, 30's
The Treasury may announce terms of cash financing next
Trum, XD 73.70 23.0 300 23.89 Thureday or Friday, say Wall
#61
8732
2016
ちきん
#theveta Mining
aflerion Development
Stansanto Chemical Co.
C5
Managers Ward
074
Mintofola ine.
56
National Biscuit Co
$5
201
Mulionist Cash Reg. "A"
122
ВАНИЯ
B2%
Nationel Dairy Prod.
BO
1k Hank
70 71%
Nallern Leath
111
#27
National Steel Corp.
Union
4022
163
New York Central Norfolk & Western Ity.
0144
311
North Amer. Aviation
72
Hurth-west Abies
Com,
40%
Olin Malkieron
Wherlock
A$12
DOCKS, ETC.
Oils Elevators
K. Whart
01
215
Oxford Paper Co.
Burk
Prelle Gan
Elec.
I'muy deal.**
Pas American Airways
TO, XD 11.10 11.20 3000
4516
$3
Parke Dovia (D.
K tel. 23 23.0)
500.
234
48 24
Pean. Bail Co. Philip Morris
Goodite (D. F. M
DO12
Ik Land
200
CITY LIGHTS
Realty
Amalg.
(11.1 4.00 Humphreys,
14.30 14
1.473 1,423 10000
700
GIA G
14.40
SCD M
14.40: Gas
15
Improvement In
HUDBER
1039 and
2.329 2.113 10000 vi
2.13
2.1.2
change 2100
10KK) H
Saint Reg Paper
481
D4+
Sinclair OI
Trust, XD 105 2,05
A. Tawah. 2.60 UTILITIES
2.13
Shearson, Hammill & Co.
Soerny Mobil Ol
Smith. Cine & Freach
1151
Yaunali..
Solar Aucrofi
#21
South Puerto Nies Sugar
271%
Southern Co. (The)
C. Light
Southern National Ga
20.30
Southern Raliway (Com.)
15
300
PN5,20
Standard stands
67%
Standard Oil of Cal
Macay E.. 14
54'
Standard On or id, Standard Out NJ.
Telephone.
XD
..... 23.00 24.10
000 K
24
Beep Bark Terato
Еже
147.
INDUSTRIALY
Sterling Drug Co.
772
Cement 2313
30 6 201
Sickely Van Camp.
10
Studebaker Packard Corp.
10.7
2000
800
2315
23.13
Serguns Alinatg
d'
STORES, ETC.
Swift & Co.
372
Dalry'
AO
Textion Inc.
Watson
Talokel Chem.
Kwang
The Water A. Oil
S, H.
10.0 11.20 1000
$31
130
16.10
470
13.60
9
141
30
Tan ise..
Glodyear Tyre
121
52
Tri-C-nt Waranti
971. Gut Oil
Grant Airersf
Twentieth Century Yax FUM
34
CONTONS Textiles 4.075 4.10 Nanyang 8.80 BUS
and Organ
De Corhidr
Blumenlake Mining Co.
445%
11n' n {11 n! tj.
473
Iduin Powe
Ge Palle tway
►
VIDSO
10.70
21
Jagersoll-Ran
1930
tinted A regal:
INVESTMENTS
Par
Tinad Steel Lo.
130
421
17%
aletchemical Corp.
12
United Ges Corp.
4202
Int. Inv... 0.29 3.36 Allied
14%
Int'l Itu a
Machin
41
我春节期
Int'l Barvy ster
981 5.5. 195 CA
Interventional Paper
Benguet Cons.
1
Int'l Tel & TOD
40.S. Sucking
Bethlehem Steel
52%
John-Monylile Co.
54. Steel
Boring Allplane
404. Katter Industry
12111.8. Strel 7 per pg"
1187:
Borden Tier Co.
3016
Kawas C. Tower & Ligh
Bla Werner Dres
Hurrugs Add Machine
411
Kennecott Cooper
11
Waukeshan Metars
3312 4112
Calif. Packing Curp.
Kimberly Clark
#2
Campbell Soup Ci
4015
Diggett Meyers Tob. Cá.
BOP
Westinghouse Air Brake Westinghouse Effedele
792
Lockheed Aircraft
13
1415 Torus Incorp.
2052
Wow Puls & Paper
20
35 m
#5 Huck"
Closing Prices
607.04
1672.07
93,07
40 Concie
Com ure price index
147.60
Aldezi Inc. Ary.
Alled Mills, Inc.
Allis Chalmers
Am. Brake Bhce
Amuriela Altfine
Ameritum Cable A Radio Car.
American Granmak! Cn.
#
holding in the 'Unsink- able Steamships Line'
Amer. & Foren. Power
Am. Cra & Bectric
175A 321
Allied Chemicals
At Home Phot
Am. Mech. & Par Anterian Metal
Anerken Spesting
An Hugar Ref.
American Tel. Tel.
American Tah. "n"
Anaconda Conser
Armco Sterl
Armar
Alias Cans. Mating
Baldwin-bra-Ham.
Baltimore & Olu
Beneficial Finance
Dendix Aviation Carp
Canadian Pacific R.
Core J. 1) Ce
Cat Tractor
Centere Corp.
C. I. T. Financist roep.
2012 1051) 13
*
** P.S.And please instruct
my broker to #ell 13
International Nickel
12 | Lane Star Cement Cul
414
6212
Lewanstein & Sons. Mellerunat
Ray
3232
Veted Fr
5. F "D"
4214 VS. Cyprum
119.5. Rubber
Vedio Tel Cu.
Wentworth (KW, ZOK/B RANG
-UP.I
454
閃
Street bond mea.
Chryslers per share earnings
O 10.40 10.20 2200 18.0 currently should be running ut Electrie.. 26.10 35.20 B00
a high rate, according, to W. E. Hutton & Co.
·MISCELLANEOUS
Exchange Gap
Washington, March 16. Five nations opened a new round of talks today at the World Bank headquarters 10 draft a joint scheme of credits to meet India's foreign exchango gap.-Heuter.
'SITUATION
Millan
Orle
Pari
Stockholmi
Zurichs
Pago 9
PRICES
Prices of sugar futures closed today in cenis per 1. dr follows:
Contract No, 4 (world)
April Mpy June
2016-20
2016-201
Aprit/June
231-2015
Jayneps
May
ac/Dec.
July
General inside, eit bents, parks
Mercil
Septron
MEY
January
Ciate crepe this Ap
March
thick April.
May
-U.P.L
1.69-87.12
2.817
2.25-1/10
2.00-6/14 2.81-11/10
0200-1/10 230
2.011-241-5/10
Others unchanged.--U.P.I.
Ociste
spot pries-ternis vir ib, lib
Cubar
0.15 2.10-17
....... 3.00
Oden interezi: 0.622 contracts,
Ochirant No. 6, (danimalia)
Man
5.43
July
Stotemther
0.01
Navember
8,07
Bazi-scents pre ib. dử VY
ex-duty)
COTTON
NEW YORK Prices of cotton futures closed today as follows:
Open interest; 2013 vertencia—13 XP.T;
METALS
NEW YORK
NEW ORLEANS
Lead Mar MAY
Zine Mor May
2.7 11/20-2.71-13/10
10.81-10.013,
25.05. 34.37
140.64-160.70
July
31.23
31.91
10,3739-18.37%
21.7578411 70
Dec.
31.03
174839-1743
Mor.
31A7
2004-20.041,
May
31.37
15,7834-13.70
July
33.93
14.547-14.55!1
12.15-12.19
Prices of cotton futures closed
Prices of metal futures closed today in cents per ib. as follows:
11,061
today as follows:
11.201
Spot
74 10
10.408
10,551
May
25.4%
July
54.38
Copper Mar
34.00
MAY
34.200
32.27
*Tin
Mar
102.001
Dec.
310
May
102.60
Mar
31 02
May
3.60
July
30.8b
LONDON Prices of metals closed today in sterling per long ton
as
Buyers Sellers
702
70315
7341
04734
RUBBER
NEW YORK rulaber Ilex
fultires today closed 25 to 60 points higher with sales of 38 contracts,
Closing prices:
March: 31.49; May: 3156; July: 31.34: Sept. 310 Nov: 31.00: Jan 3100; Mar: 31.00,
AMSTERDAM
The rubber market was steady Fitch says Servel presents today. Prices closed in guilders a unique situation becouse the per kilogram, clt March as fol. company owns a lax loss equal!lows:
to better than $11 a common No. 1 rubber shore.
of
No. 2 rubber
No. 3 rubber
The
161 buyers
2.49 buyers
2.40 buyers
ΤΙΠ spol
3-month Copper spot
3-month
LIVERPOOL Cotton future
follows: closings, in pence per lb. were as follows:
American Contract Mar/April: 22.38; May/June: 21,23: Jay/Aug: 20.25; Oct/Nov; 10,30; Dec/Jan 1905: Mar/April: 18.00.
Mixed Contract Mar/April: 23.00; May/June: 22.25; July/Au: 22.18: Oc/Nov: 10.15; Dec/Jah: 10.00; Mar/April: 30.00.
BAO PAULO Cloring futures prices. cruzeiros per kilo were DS follows:
ת!
Mar: 18.03; July: 28.08; Oct: £6.00; DLC: 57.50
In the United States, the ascioge price of one-inch cotton at 14 derigunted spot markets was 34.30 cents.
Total sales were 10,335 bales,
Business Week notes a "rub- No. 1 rege 3.08 buyers tle but significant shift" in in- ] vestment petion brewing ut the polky tables of the nation's iu- Istitutional investors. It's a move suys the publication, that could diminish some the stock market's breadth and vigour. A yet, it adds, the shift has not reached any great proportions and there's no sign of a whole salt ex from common stocks in sight.-U.FI.
SINGAPORE market opened around the previous levels
and ruled quiet until late in the morning When good buying interest par- ticularly for two and three (SH-U.P.1, April stendied the market.
Agreed Merchant
Rates
Swiss Francs Maximum Sell- ing 744.
West German Deutschemarks Maximum Selling 72 6/10.
It ruled throughout the after- noon with good, trade buying and short covering. Futures: No. 1 robber per 1. Apr. 1935-8975
May 13- No. z rubber per 3. Apr. 11-Bar No. 3
No. 4
Upot rubber unbaled Blanket erepe No. pale ergyz,
LONDON
#742-8945 #12-B 8312-061 14-80
The rubber market was nrm and active with spot quoted at 20% pence per lb. Prices No. 1 Respo
4 20-20 Bettlement hours form:
SUGAR
NEW YORK
World No. 4 sugar futures to- day closed one point higher to one point lower with sales of 224 contracts,
|
Lead 2nd half Mar Lead 21d holt June Zine and half Mar Zinc 2nd half June..
2641)
Rubber Needs
Moscow, March 16. Soviet Russia will slop im- porting natural rubber in the course of the next seven years," Tass, the Soviet News Agency said today.
Soviet production of synthelle rubber would Increase 3.8 (imes during the next seven years, the Agency sald.----Reuter.
Exchange Rates
Businers was dong in the foral unomictal exchange" market this morning at the following rates:- 4.78
U.S. datlar (per $11 Sterling notes (per ali
notes (per 1
Domestic No. 6 sugar closed Aurorian rustah (per toni one print higher to one peint Slam tlesta (per 100) lover with tales of 100 contracts. Gappare (Sieste)
SOON! BOAC ACROSS THE PACIFIC!
18.95
12.71
26.95
FASTEST DIRECT SERVICES TO
San Francisco
VIA TOKYO AND HONOLULU
BY
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LARGER, FASTER
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