UK INDUSTRIALS PUSHED TO
MART CONTINUES ACTIVE RECORD PEAK
Turnover One ★ The Share Market
Of Largest
For Some
Time
The market throughout the week continued
active resulting in one of the biggest turnovers for some
time. Business
transacted for the week up to yesterday was approximately $11,000,000,
HONGKONG STOCK EXCHANGE
by
Our Own Correspondent.
Busluese done on the Rong- Boro Stock Exchange this mort- ing amounted to approximately 5580,000. Noon quotations and The morning's transactions;
Buyer Sellers
Where
HANKS
BR Bak.. 87',
INSURANCES
1st
1nhard, 30,
SITING
Sales
171 2017
Wheelock
345
IXXKS. EC
KWERE
Liutk
4014
Provident,
TO.... 11) 20
417)
40
11.30
411
JENN
Triko
3, 3.
209 20 3
LAND NH
HK Hotel 26.40 254
RK Land
Humpleres
Healy
1
Aut
Trust
A Tawall
Songata
ATHLETIES Truni...
33 33
1400 140
1505
The bulk of the week's turn- over came from transactions in China Light of which approxi- mately 10,000 shares changed hotels.
Despite unfavourable LON- ment on the company's recent move, China Light shares have remained fairly steady.
Banks cuntinued Investment laying.
active on
In Vilities' both Hongkong Trams and Telephones' showed improved quotations while the former inproved by, over a dollar on rumours of a possible batius kasue,
Prices on the whole showed all-round pruvement an enn
be seen from the above table. Banks again led with another
I rise.
Both the
ferry companies Stur in for demand,
$4 while Freies were ugh Yaunadis were up $4.50 on the previous week.
Telephones continaed its slow rise and closet at $26.30.
Hongkong Lamis remained frm at $33% while Ilotes Im- proyed a dolling on the previous was to.
Yesterday's turnover was ex- 200 14,400) treznuly good with business fairly
well spread over
board. Utilities without exception lay- proved on the previous day's Towards the close there
Σαν 1001
243
20 2880
Ster Ferry Youmati G
c. Light
XU....
200
Macho E..
The IvDrone
112
רגון
14
INDUSRIALS
Cement 27.90 29.10
2011
20
JA
A55
: זיין
1. righ of profi-inking but with little effect on the prices.
The market closed on a Arm midertone
with
IIK Bank Lombard
Union
Wheelock
HK Wharf
IIK Trocks
Provident HK Katels
HK Lands
14K Really
JIK Trams
AL
406
Glance *
London, Aprli 30.
Prices on the stock market pushed to another re- cord peak today on active investment buying
of industrials.
Apr. 2'
Apr. 0
Apr. 10
Apr. 23
Apr. 30
Up or Down
Dividend
* Водим
Yield (%)
800
820
807
·82214.
82715
+19
148
5.7
Gilt-edged
28.901
29.90b
30%
20b
3014
steady
12
security were furt on moderate trading.
73
7214
7212
Ftb
steady
35.40
4.6
5.80
6.80
5.80
6.89
5.08
150
19.1
85b
$84b
8314
8234b
aleady
$8
9.2
374xd
85
+91
#
12.2
11.30
11.30
11.30
11.00
11:80
+40p
$1.10
9.5
24.40xd
24.60
24.80
21.00
25.60
$2.50
8.0
39
33
33
**
3316
+30p
$2.40
.D
1.00
1.025
1.575
1.80
1.00
deedy
150
8.8
27.20
27.44
27.10
2714
29.90
+$1.10
$2
ᏞᎬ
After a slow start industriai stocks advanced into new high ground led by such Transatlantle favourites
Automa As Elliot tlon, and Electrical and Musical Instruments. Store and motors were arr. Engineering shores, however, were mixed,
1036
106
100
108
8
95xd
04
15
+44
B.1
Greek
Jenn eused in
the
17.00
17.90
17.00
18.20
150 d
+1.10
$1.10
6.7
foreign bond market.
Electrics
27.00
*28.10
27.50
27.80
28
200
$1.90
0.0
Dollar locks
also cased on
HK Telephon
25.20
26.20
25.20
25:40
20.10
$4.75
0.7
Wall Street's retreat.
G. 1. Cement
27.40
27.30.
20.80
27.20
28
+Blo
$3.25
10.0
Oils were neglected
15.80
16
15.10x
15.40xd
18.70xd
+800
$1.525
9.3
13.80
13.50
14.20
14.49
34.40
steady
B1
0.8
elosed mostly unchanged,
Gold stocks cased.
16.70b
10.60
10.50
18.50
16:70
+300
$3.50
0
6.45
B.10b
6.35b
5.405
4.40b
Beads
12
4.40b
4,50%
4.356
4.40
4.45
45
200
5.0
HK & FE Inv
10.300
10.506
10,80b
10.60
10.500
stendy
102
7,0
Textile Corp Nanyang
4.300
4.475
4.05
4.85
4.85
steady
Doc
12.0
0.80
7.25b
1.85
8,20
8.80
+100
Bec
10.8
Irish
Star Ferry
Yaumatis
Ch Light
Dalry Farm
A. N. Watson
Lane Crawford
In't Investment Allied
Commodity Prices
FOREIGN DXCHANGE
NEW YORKE Closing rates wens Caunda England paletal
33-days
30-days
Uruguay
Other unchanged.
METALS
NEW YORK
Closing prices were:
Lead
May
19.05U
1.01 31 32
July
241 0-10
Zie
2.81
May
1.000
AG
10.036
:11 3 4
Copper
May
30.750
July
in rats
ราย
May
10.75b
2.41 / 18-2.91 5/0 2.70 7/8-2.71
10.02 3/4-10.63
10.30 376-19.30 1/0
J1.77 7/8-11.70 iza
20.15-0.25
LONDON
Ciming rates were:
New York
Monicon
Amsterdam
Copenhagena
Frankfurt
Lp-bou
Stockhoun
14.36 3/4-14,37 12.19 1/4-12.18 1/2 Others unchanged.-U.P.I.
Zurich......
Considerable RUBBER
buying power apparent.
Market Survey
Following is a brief survey of the market for the past week: Market very active 2840 Friday: 2003)
resulting in a turn- over of appro- Xunately $3,572.000. There WIS no material chonge in the market which closed stendy with 11 turnover of $1,425,000.
TAK -
!!4,: !
INTO
IX...
15OHM ** 2710
Monday:
-NEW YORK
Rex rubber futures toxiny closed unchanged to 20 points
$2 con- higher with sales of
tracts.
Closing prices;
May: July: 35.20; Sept: 35.10: Nav: 31.90; Jon: 31.05: Mar: 34.00; May: 34.70.
Spot rubber Ess was quoted nt 35 cents.
The Market con-29 tinued moderately Retive
with few changes in prices. Turnover
LONDON
100.021
July
LONDON Prices closed today in sterling per long ton as follows: Buyer
Tin
Spot
3-month
Copper
Spol
3-month
Lead 2nd half
April
July
July
WALL STREET ENDS
APRIL ON
IRREGULAR NOTE
New York, April 30.
April ended on the stock market today
on a note of irregularity.
Utilities which had declined; Galty Oll
Gladen Co,
-Goodrich 11. F.) Co.
lo Goodyear Tyre
In the past eight sessions gistered a net gain thanks strength in People's Gas and Houston Lighting.
Griman Atrerati
23+
144
1147
Heyden Newport Corp.
a
Railroad issues produced
of note, namely Selitrow gainers
Atlantic Coast Line and Rock Island up point or better. Other rails showed losses rang ing to a point in Norfolk & Western.
703
231
7月
73
230
EN14
701
74% 731
U.P.I.
SUGAR
+
NEW YORK World No.
sugar futures {today closed two points higher to 2 points lower with sales of 681 contructs. Domestle No. sugar futures closed 1 to points lower with sales of 190 contracts.
2
The rubber market was bare- ly shady with spot quoted at
pence per lb. Prices:
204-201 No. 1 se spet Settlenwat houne term:
June
20742874 Contract No. 4 (world) 29-2011
May: 2.94: July: 2.09: Sept: 3.04; 201-2916 Oct: 3.05-00: Jan: 3.18: Mar: 3.13: May: 3.15; July: 3.17-18: Sept: 310: 281-2014 Spal-scents per tb fob Cubat: 2.98.
Open interest: 7,530 contracts Contract No. 3 (domestic) July: 47: Sept: 5.18; Nov: 6.73; Spot-teenis per ft. elt NY ex-duty): 5.75.
Doen interesi: 3,954 antreŁY~~
General markets, elf tasis, porta:
July Sept.
jy n s
Oct/Der.
May, June and. July
Estato crepe Anto
May and June Extate crepe thick
$1,573,000. Wednesday: A very brisk starkel perienced the
10 10,
Tuesday:
26 10 2004
1031
500...
So 241.20
3:0
*
40
STORES, EN
Day. XD 15 40 259.70
213
Jeg
15
16:30
Thorday!
4.50 1600
1840
Wat..
Lane, raw, 1070 YO DE
1586
Texiks.
MISCHÄANKODS.
Fuler!
INVESTMENTS
That Invest 5.40 5.00
30%
50%
Was ex- during
May and June........ half-day
SINGAPORE ression. Turnover The market opened around
Nearly 52 the previous levels and steadied UPI. million.
un Trade buying and short There was again a eovering. Thure WAR fair Food turnover with selective demant for lower
the undertone very sheet and good quantities were Grm. Turnover for traded.
the day amounted
to $2,140,000.
Interest old with
deduction of Union Kingdom Lacuna Lash,
SECURITY FOR YOUR SAVINGS Putting it in or taking it out—it is just as easy to do
either when you have a Bank Deposit Account with Lombard Danking. While
your money earns a steady 5% interest, it
is both safe and secure.
5%
Write today for your copy of "Bank Deposit
Account" booklet No. AO. 14 to General Manager
LOMBARD BANKING
O
LIMITAD BANKERB
LOMBIANO NOUM, CURZOM MERÉNY
PARE LANE, LONDON W.E
Talpbana: BRO (11) CHORAGE –
FRAKTION BASE ALLE TRAT
A World Wide Backing and Fluanay Oczywiscien
In
...
the Early
afternoon profit-lakting. coused sharp zelback and buyers were mot inclined to support.
Fair business in lower sheet was transacted, but operators -Wero; nervous for most of the stssion. Futures:
No. 1 rubber per ih. May June
100-130
981-987 20-07
No. 2 rubber per lb. May Nu. 3 rubber per in. May 0.1ubber et ib. May Spot rubber unbaird 135-100%
DS-17 103-104
No. 1 pale
Danket !! Frete
AMSTERDAM Prices were unavailable be- cause of the holiday.-U.P.I.
COTTON
NEW YORK
Closing prices were:
U.S. INVESTMENT
The
QUOTATIONS
arc
following
United States investment quotations in American dollars. The buyer's quotations include commission:
MUTUAL TRUST
Sellers Buyers
Special issues continued to move through wide ares with gains of three to five points in Bell & Howell, Stauffer, Pilzer, International Business Vick Chemical, Harris Intertype, and Pitney Bowes.
Heavy volume came into Rhodesian Selection Trust and Sperry Rond. Each had blocks of 30,000 shares.
Ruled Strong
Electronies, drugs specialties ruled strong. Issues Jast one or two and a few even more,
slipped lower. Motors barely steady. Oils irregularly.
and
Gulf Oil**
Hammond Urgan
Homestake Mining Co.
Huemamorfrig
Idaho Power
Imperial On Ingersoll-Rand
Inland Steel Co.
interchemical Corp.
Int'l Busmeza Machines Int'l Harvester International Nickel International Paper Int'l Tel & Tel Jahti-Manville Co. Kateor Industry Kennecott Capper Kimberly Clark Lily Tulip .............
grell Meyers Tob. Co.
Lockheed Aircraft Tuews Incorp....... Lone Star Cèmerii Co. Lowenstein & Bork. McDermott J. Hay McDonnell Aircraft Stock Expo.) .... Mesabi Iron Carp. Minnesota Muung Mission Development Monsanto Chirálcal Co. Mortgumery Ward Motorola Inc.
National Bicult Co. Many National Cosh Reg. "A points | National Dairy Prod. Steels Nutjonal Lead
were moved
Today's volume was 3,510,000 charus.
Of a total 1,218 Istues traded, 439 were higher and '551 lower. The American Exchange volume was 1,790,000 shares,
Bands voltme amounted to $8,070,000.
Closing Prices
Abitibi Pwr. & Paper Alien Inc. Acy.... Algons Steel Corp
Alled Chemicals
A. & Zorn Power A. Gas & Electric Am. Home Prod. Am. Mech. & Fdry. American Metal
American Smelting Am. Suger Nef. American Tel & Tel American Tob. "" Anaconda Copper Armeo Sleel
Armour
Atlas Copa Mining
الان
Nations Steel Corp. New York Central Noranda Mines 1.til. Norfolk & Western Ry North Amer. Aviation North-west Atrings Olin Mathieson Otia Elevatora Owen-linols Olass Oxford Paper Co. Pacific Gair & Elec Pan American Airwaya Parcul Pictures Parke Davis C6, Penny J. C. Co. Penn Salt Co. Philip Morris
[BUWC
Plus Plate Glas
Publicker Industries
Fure Ou
Radia Corporaliua
(Catr.)
Sinclair Q
Smith, Cine & French
Sopony Mobil Du
Solar Aircraft...
104th Puerto Rico Suzar
بارية
Rubbers Improved.---U,P.I.
Closing Pricos
£00-7/10
and
(tedged Ronda
TranSUURE 3, 1978/0
Crbo 2 - £51%.
200-RVIC.
1000
2050/05
3. 1999/2361-
Consuls
Convertun
£75-16 Loan
.
Fundiar Lonn *
Funding Block
£7374
Finding
1000/00--
Loan 4 Co
Bavings .. 1985/65-201-15/10. Savinia 3% 1969/70 £82.
Til
Savings 195/55-70-11/10.
Tanks
Barclay's Dank "A" Ltd ord-02+ "Chartered Hank-its N. .
foa kong-CU.
insurance
Union trance Canton--£4-9/id.
Brit
Aircraft and Motork
Motor Corp. Ord-10# Gl.
Font Mutor Co-42 34.
Breweries
Distillers Co-2 $0.
anticing and Materials Aroclated Portland Cement-84×, Purtin Jahnion Assoctalen Ordy 19. 01.
(Fort, Steel and Engineering, Babcock a Wilcox, Lid-47x od Vickers Lid 3th Ed.
Food and Tobacco Briti Ainerican Tuh. Co., Ltd- B5 1d.
Imperial Tabaero Co. Ltd.-579
Miscellaneou
Brith Oxygen Lut. Ord-d Cansinn Perille By $533 Hongkong China da 53. Darin Cheleleni -34a 10341.
Candida d Unilever Lid-09 135d.
Paper
Howster Paper Caro Ori-4pm $14.
Radio and Firetrični
3d.
Armorlatest Electrical
Electrical & Musical-31 Dd. Flish Electric Co~46. Greta Elecltic-924,
Bhipping
Indo-China Stepm Nav
Cn. Gef
& Blean: Navigation clef and -32% 13.
Stores
Great Univeral Stores "A”—37n · Marks & Spencer Ltd- .
Walworth F. W. 4 Cu-3 4.
Textiles
Cool J&P 1.m--244 14. Courtaalds Ltd--314
Mines
Angio-American Cut of South Africa-80% 4154.
Con Guidelli of Bath ADICO-- 16in 190.
Fons. Zine, Corp. Ord~~BD« 80. De Beers del-30%."
Free Kini Development & Invert.
ment and.
Pelare Time-6s 11907
Fra
Soulbert Kinta Con 518-
માન.
Union Corp—17 G.
West Driefontein Goldasining-
125.
West Rand Can--23x d.
ou
British Borne Petroleum Syndi- ente-3 Bd.
Brill Petroleum Co., Ltd-dpa fid, Burma-10%).
Royal Dutch Petroleum£15 Shell Transport & Trading-2320
Reuter,
P.OBIE.A
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTAL S.N, CO. --
OUTWARDS
"CORFU" "OBUBAN" "COROMANDEL” "CARTHAGE? "SURAT" **PINJARRA "CANTON"
NOMEWARDS
"CORFU" "SINGAPORE” "CARTHAGE" "CANTON" "PINJARRA”
"CORFU"
"SOMALI”
"CARTHAGE"
LEAVEN UI,
Sailed DA Balled 4/4 Salled 20/4 Salled 20/4 12th May 17th May
3rd June
TRAVEL ILI.
DUE BE.
4th May 11th May
31st May
1st Ju 21st June 20th June 3rd July
DUE LONDON G
0th June
June
5 p.m. 8 May 5. 19th May 23rd Bp. 5th Jurie' p.m. 6th July Noon 10th July pm. 31st July 3 p. 18 Aug
7th July. 6th 17th Aug. 1st Sept. 21st Sopl.
+
ALE
5 p. 20th Aug. 28th Sept.
Via pare, Petang, Colombo, Bombay, Aden & PL, Baid, # "SINGAPORE"" & "SOMALI" omit Colombe and Antwerp. Bombay and extend to. Hamburg, Rotterdain
↑ "PINJARRA“ proceeds A'pore, Aden, 1o. sala & London, thener to Hamburg, Rotterdam & Antwerp,
BRITISH INDIA S.N. CO., LTD.
“FULTALA”
BAUER
due 7th May from Japan
Bu May for Bingapore Pana
Rangoon, Calcutta Chilisgong.
"SANGOLA" ose "Bus Jung from Calcutta, tangos:"
·Penang & Singapore
antia ath June for Japan
P. & O./B. I.. JOINT SERVICE
136
37
11224
Radio Corp. Pref.
All Chainsera
79
Raythoen
“Ans" Brake, Shoe-
Royal Bank úr Cicada
American Alpine Am. Cable & Radio Corp. American Crosamid Co. Amer. Naturm
Hepubile Steel
1474
Reynolds Metal
4014
Sears, Roebuck & Co.
G#
0315
1342
Shell Oil Co....
Safeway Siurer.
81%
Batht Nea
140
#P
Schenley Ind.
17E+
Scots Paper
મ
Aliated Fund Am Bum Shrs
7.M
0.21
43
4.33
4.52
24
Atom Dev Mut
5.07
6.24
Axe Hought 11
4.90
3.07
Bullock Fund
14.21
1517
051
Boutier Co. (Thel
"OIDIA"
Southern National Cas
Canada Gen Fo
189.17
10.40
24
Routhern Hallway (Com.)
Canadian Fa
10.67
20.20
Standard Brands
Canadian Im Growth
9.14
0.09
Tonk of Montreal
Standard all of Cal..
"OBRA"
Chemical Fund
13.03
11.03
Baldwin-Lima-lam.
14
Standard Oil of lid,
Comwith Stuck
F.00
17.02
timore & Olg
Standard Ol1 o N.J
Dividend Shrs
3.00
35.39
Henartal Financi
Sleep Rock Toronto Exxej
Dreyfus Find
14.13
13.30
Bendix Aviation Corp.
101
Sterling Drug Co.
Eaton H dock
24.10
70.00
Benguet Cons.
Stokely-Van Camp.
“UMANIA"
Electronics Inv
3.73
8.45
Bethetic test
51
Stone & Webinar
Found Mul Fd
10.34
Boeing Airplane
33
Studebaker-Packard
Hamli Fd HC-7.
1.10
B.37
Borden (The) Co
70%
Instit Found
13.27
12.33
British Amer. Oll
Swift & Co,
Instil Growth
11.50
12.40
unian Columble Power
2004
Toys Co.
Instit Income ...
7.01
7.40
Burroughs Add Machine
4039
Texirun Inc.
Invest Tr Beston..
13.78
10.80
Calif. Packing Corp.
SEZ Thickol Cheni.
22.07
2473
Campbell Baup Co.
51
Tide Waler Atan. 'Oil''
1333
Canadian Bank of Commerce
0236
Time Inc.
13.02
. 34.98
Canadian Pacifle R.
301%
Tri-Cont. Warranta
ans Inv Growth
14.0
13.21
Case (J. L) Co.
Twentieth Century Fox Film
Nat Sec Ser Growth
0.13
9.00
Cal. Tractor
841
Union Carbide
Union On of Cal.
Scudder St & C...
403
4324
Cans Com
$140
Telev El Nu
19.81
37.23
Union Picide Railway
C.I.T. Financial Corp.
Oct:
Value Line Fund ..
7.6t
2.73
Epee Manhattan
Harik
United Aircraft
Unlled Fruh
V. I. P.IONA
11.06
32.75
Wellington Fund
14.35
15.65
United Gan Corp.
U.S. Foll "1"
KEYSTONE
12015
1.14. Value Belling
51
U.S. Oyum
19.23 20.25
Commercial Credit Commonweals Mec. Cairolidated Edison
19. Line Co.
124
239%
"NELLORE"
041%
30% 19. Smaltin
UB. Rubber
07
Continuppu. Oli of Del.
0211
U.S. Sleel ...
ΟΣ
13.00 14.23
crowns Kellerbach
U.E. Steal 7 F.C. Pr
1434x42
15.30
of
14.00
1230 14.00
Cuban Amer. Bugar
10:
Warner Bros. .....
00%
Denona Alkali
Waukesha Motors
Diamond, Qard
1312
Westinghouse Air Brake
30%2
Dominion Bloree Douglas Aftersh Dow Chemicala ........ Dupont de Nemours
Westinghouse Electrie
*J
Western Union Tel, Co. Wost Va. Pulp & Paper
31
Winn-Dixie fitores
3414
310
Spot: 30.10 norm.; May 33.00:
35.1 32 33
Oct: 3.77: -Dec: May: 33.06
July
July: 32.35; Oct: 3104
NEW ORLEANS
Closing pricca were: Spol: 4.60; May: 33.05:
33.18 Dec; 37,0 Mar; 33.01; May: July: 284; Oct. 31.05. LIVERPOOL
Closing prices were: ~
American Contract
May/June
July Aug. UCL NU
Deesion. hat./Apris
Blixed Contract
May/June July/Aug. Det/Nov. pet/Jan. Mar/April
BAO PAULO
Closing prices wtie:
July
150
$1.80
91.00
Keystone Cust B2 Kayalone Canada...
9. "6-1" High-grade
C. stocks along
S. "B-2 Income C.
stocks
8. "A-3" Apprecia-
flon C. stocks Keystone Twɣ
Canada Ltd'
Growth
NATIONAL
Lig, Value Selling.
9,00 1.249
Exchange Rates
Business was done in the 'toqui Loftleist#xchange markel this In the United States, the
toprning as the following talks:- nvétugė price of alle-Inch
1.5. doltare iper $13.5; cotton at 14 designated spot sterling notes (per 41)
'natad, (par. 61). .. markets was 34.00 cents.
zujki alles were: 20,000 bales. my damar 100)
Kingapore (Miraita)
Chrysler Motors
Cliteli Posbody .... Colgate-Palmolive Co.
Colombian Carbon Cu
Fasinma· Hodak
19 FANS NAQonal Ges Faulty Fence Corp
Firedods Tyre & Rubber
Fine Wat. Cir Bank
For Motor Co.
| Ford Motor
Gers). Byrannies
Georgia Pacita
2516
*100
Sunthine Mining
Woolworth 475. W.
Zenith Radio
Agreed Merchant
Rates
Maximum
& trails
daa 4th May from West Coast Indie
walls the May
dur 7th May
galla Bih May
dus 11th May salis 121) May
"OBRA"
due 4th June all th June
for Japan
from Karachi, Bombay, Ceeiin. Tuticorin Singapore Tüt Japan
from Japan
for Singapore. Penang, Bombay, Karachi, Dubai, Kuwait. Khorramshahr
from Japan
VETIRNET
for Bigapore. Bombay,
Karachi Dubai, Ku- wait, Daaruh & Khor- ramshahr
EASTERN & AUSTRALIAN 5,5, CO., LTD.
́"KARMALA” loads 21st May
salla gănd May fet Sydney & Melbournə DIRECT
toada Blat May selle 23rd May
fog Labuan, Bandakan, Brisbane, Sydray, Hel bourne and Actelaide
All verstir have mbarty to exit at any parts on or on the route &'iha route à seilings are subject to change or amendment with or without notice.
For full particulars upoly ta:
MACKINNON. MACKENZIE & CO. OF HONG KONG C16. Telephone Nos: 272244.