THE CHINA MAIL, FRIDAY, MAY 15, 1959,
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
MART ON BUOYANT SIDE
Banks Again In
Demand At Improved Rates
Tho.
local - share market continued buoyant with a good average turn- over. The undertone remained steady at the close yesterday.
HONGKONG
STOCK EXCHANGE
by
Our Own Correspondent.
Business done on the Hong-
have
Villives appeared to been neglected during the week with prices casing off sightly. Tiele places was taken over, however, by Yaumatis, Taikos Ducks, Coments, Kowloon Wharves and Hoteis all n which were traded at improved talen
Kowloon Wharves moved up to $90 yesterday, an improve- ment of $5 over the week while natis were up another 53 closing at $166, Taikoo Ducks were a $1 un the previous weeks.
Cements were up 60 cents buyers while with unsausted
kobg Stock Exchange this morn dermand for Hotels etinued. ing unter to approximately | with Both change in rates. $1,305,000., Neon quotations and
the morning's transactions
Buyers Sellers
Shatra
BANKS
JUK Bank. 150 07
V. KU
Lothart,
XD
SHIPPING
WalsTIKRI Wheele
DOCKS, ETC.
K.
Duck
22.70
Sales
20 852
45.0
60 2 1952.50
74
63
200 •
100
1907
4:3
4.
או
Wharf
... 41
44
1400
Provident,
LAND, ETC.
Jik Land
10 1.40 11.
Ik Hotel 20.10 21.30
Rumphreys 15.21 1
201
JJ
10)
420
чика на
Banks were again the main halime with pricus closing at $8524, while in London prices ¥****Fta{ak*c} 71 £50-the | highest for some tinte,
During the week the Anwy Canning Corporation announced and dividend of $1 for 1950 ani a proposed bonus issue of ohy new share for every eight shoves held.
|
The Share Market At A
UK Bank Lombard
Union Wheelock HK Wharf
IK Pocke
Talkoo Docks Provident
HK Hotels
UK Lands 1K Really HK Trams Star Ferry
11.30
24.550
ΣΕ
$3
1.575
27.10
108
Glance *
Dividend
& Bontis
London Industrials Boosted By Steel Production
London, May 14.
The stock market paced by industrials closed higher today on improved steel production figures and the new record high on Wall Street yesterday.
Brilish American Tol. Co., 110-
Imperial Tobacco Co., Ltd-58€
Miscellaneone Trial Oxygen Lld. Ord-30. Canadian Preite Rly-85236. Dunlop Rubber Co-2 101d. Hongkong & China Gasm117. Imperial Chemical-34 ga, Lyons & (1)=-870.
Up or
Apr. 16
80'1
Apr. 23
8221
Apr. 30
8374
May 7
May 14
Down
Yield (%)
850
83214
+$234
$48
8.0
30b
3014b
30
2014
+50c
$2 →
6.5
721
74
736
734
7xd
+500
$3.40
4.4
5.00
5.80
5.05
4.15
150
тве
12,3
Bab 39
8514
831⁄4b
BE
90
+55
$B
3.0
39
*01
43
44
steady
85
21.4
www
3334
2474
+-51
11.00
11.80
11.80
11.70
-100
81,10
0.6
24.00
25.00
20.00
20.90
+30c
$2.50
321%
33
33
stendy
$2.40
1.60
1,60
1.525
1.625
stendy
150.
9,3
The industrial' list showed gains all along the line. Stores, and leading steel and engineer- jing shares featured-the section.
securities Gift-edged
in- proved continued investment
st.
2714
20.90
28.00
28.30
-400
12
0.8
1125
115
134
--$1
05
0814
103
100
+33
11,60
18.20
18.80x1
26.60x6
18.20
404
$1,30
6
21.50
27.80
20
28
27.80
~~~200
$1.90
6.8
25.20
25.40
26.80
27.20
28.30 24
20.00
26.30
--300
$1.75
6.4
29,30
29.90
+60
$8.25
11
15.10x1
1540x4
15.70x8
16.40
18.40
Mendy
$1.525
9
14.20
14.40
1440
14180
14.50
steady
31
6.7
10,50
16:50
16.70
17.30
17.30
teady
$1.50
8.7
5.35b
5.40b
6.40b
6.70b
6.000
+20c
05
11.1
4.256
4.40
4.45
4.45
4.45
steady
258
6.6
KK & FE Inv
19.500
10.50
10,50b
II
11.105
+10c
800
7.1
Textile Corp
4.65
4.85
4183
4.80
4.80
steady
600
11
C
Nanyang
7.85
A.20
8.30
8.20
820
steady
80c
10.0
03-0/18.
Yaumatin
Ch Light Electrics
UK Telephone
G. I. Cement Dairy Farm
A. 8. Walson Lane Crawford Int'l Investment Allied
206
16
Commodity Prices
RUBBER
Hex closed
NEW YORK
rubber futures
Tente pe b fab Cuba: 2.1
Open Interest:
BOER contracts. Contract No. 6 (domestic) Mov:
Sep; 5.83:
3.31 31
frents per ib. elf NY ex-duty:
A.05.
Open Interest:
UPI
today
20 to G0 points lowIT
with sudes of 132 contracts,
Closing prices:
3Tay 334 July: መኑ መን Ket 25.00;" Nov: 35.05; Jam: 34.75; Mat. 24.03: May: 34.4
After an early stamp of UG
tf points, the market came back
about half-way On
3
B
7.4
Wall Street Steels Up
New York, May 14.
demand.
Foreign bonds were quiet but dollar stocks were generally up. Goid and copper shares were higher.
Ulla advanced but rubber thares were mixed.—UPI,
Closing Pricos
Giltedjed Fonds
Relish Transport 31038/11--
8.1/10.
Consola 2-25116
Conal 474-13:30
Conversion Luan BALTA 19C0-- Funding
Loch
2% 1947/69-
Funding Slock 3147, 1900/2004- £73.
Od.
Funding Loan, 4%, 1965, 'DO--- £2021. Savings 3, 1957/05-C917.. Savings 1990/70-1
Savings 35, 1065/75 £78-1/18.
TEATERS
Borclay's Bank "A" lid ord-nöje
Chartered Rtarık-474. Hongkong-E
Insurance
Union Insurance Canton- £4%.
Aircraft and Motore British Motor
10144
4341 Steel shares soared on the New York Stock Exchange today when the White House announced David McDonald will visit 19
COTTON
NEW YORK
Closing prices were:
00; Dog: 32.61; Mar
33.14. July: 32.74, Ort: 31.20.
Sput: 30.25 nem; July: 34.03; Oet:
May
32.93;
NEW ORLEANS
Hongkong Trams caped slightly when rumours of
covering 22 possible bonus Issue falled to } and
trade buying e- teaterlaline.
couraged by technical reasolis and the steadler tone at London Closing prices were: Textiles remained unchanged at the close
Bust: 3460; July: 34.08: Oct: 43 with little business transacted.
Dec: 12.01; Mar: 2006 May: Spot No. 1 Ass was quoted | Juty: 32 73. Let: 31.25. Amalgamated Rubbers dis- at 353. cents. played renewed strength dunng 21 En week but used off on the 1.55 jp in price of the raw
material.
3300
124+
JIN 4
15.20
Jelly ....
160 1:25
DANA VA
300 w
1.025
KUBBER
Ameix.
... 2435 2.925
UTILITIES
Tear
bur Ferry
Yaumall
"10"
Eketric
Telephone 70.30 20.40 2
... الانته
Market Survey Following is a brief survey et de marices for the past week!
Friday:
.
114
100
103
10
155
100
C. Latit
10 18.
500)
18.20
KOA...
Monday:
10
27.70 27.03
120... 27.0
100
27.02 27 SU
110 ..
K 28.40
Tuesday:
INDUSTRIALS Comment...
50 30
100 20 43
KA
0
130
$80
30.50
3000 P
30 23
1520 16 40
$30 1 QUO
17.40
༤
STORES, ETC. Hairy
1618); Watson ...
1440 Lane, Craw, 1749 175,
COTTONS
Textile..
4.725 481% 4000 w
Nanyan
INVESTMENTS
TOK INVEST. 0.40
I.K. & F.E.
Jasen
102
XOXO IN
3'
TOU M
5.00 K
5.00
AMSTERDAM , The rubber market was quiet
Prices today.
elosed in guilders per kilogram, elf June His follows:
LIVERPOOL
President Eisenhower at the 'President's hotel suite this afternoon,
Hammond Organ
Mr McDonald, head of the Grummen Álturaft United Steelworkers Union, is in Gutt ou New York with his steel worker leyden Newport Corp. group to negotiate a new wage | Homestake. Mining Co. coutract with steel executives. Itusmoorefrig
Imperial Di
Up to now, the financial dis-Idaho Power 38.16telet bad about concluded Ingersoll-Hand
steel strike would be inevitable i Inland Steel Co. when the contract expires June Intl Business Machines
Today's visit with the Pre-Int Harvester
aldent was seen as a possible wedge in the negotiations to
walkout.
Up Four Points
Closing prices were:
30
American Contrpet
Miny/June
27.85
July/Aug.
21.03
avert
Oct/Nov.
21.40
- No. 1 militær
22 10.
Dec./Inn.
21.34
No. 2 biser
2.00 Bom
Mar Apr
2141
| No. 3 rubber
No. 1 crept
Despite
2.75 210711. 9.10
May/June
21.30
Mixed Contract
SINGAPORE
May/June
30.50
rather better than
Juty/Auk
23.03
Del Nov.
22.1
Dec./Jan.
21.43
Mar/Apr.
21.35
21.33
U.S. Steel,
Fairly good trading | expreled" oversens advices there with little change was heavy selling at the outsol in prices. Turn-which brought opening over, was approxi- down by two cents. mately $1,124,000.
May/June levels
BAO FAULO All prizes unquoted today. In the United States, the average
une-inch price at 14 designated spot cotton markets was 34.63 cents,
Total sales were 34,473 bales. -UPL
The market appeared to con- solidate at the 90% level during Markel remained the afternoon and some enquiry fairly active with for forward
was met towards a furnover of aps proximately $1,080,000.
the close.
Futures were! No. 1 subber per ib.
No. E rubber per tu
Juke
No, 3 rubber per 1b.
June No. 4 rubber per b.
Irregular conditions July previlled with few variations in rates. Turnover WA $1,079,000.
Aput rubber untated Wednesday: Stendy conditions anker crepe
prevailed with No. 1 trading on a
Thursday!
moderate
senie,
איין h
LONDON
100)+1007,
19%-100
$:29-5
€17-02
11:40-100
4-6
-101
The rubber market was stenty
Turnover amount-after easy with
Bout No. Ras
FOREIGN EXCHANGE
Isterchemical Corp....
International Nickel International Paper Int'l Tel Tel Johti-Mawilla Co. Kaiser Industry Kennecott Copper Kimberly Clark Liggett Meyers Tub. Lily Tulip
Lillon Ind. ....
as Lockleed Aircraft
Gains in the meet depart- men ranged to more than poial, in such Isaues Luken. Continental, Youngstown Sheet & Tube Lowenstela & Sons.
andrews Thement Co.
rosu
Lone Star
Ray
McDermoti J. the leader,
Me Donnell Aircraft
Block Exge). Met fron Corp. riseMinneola Mining
nearly 4 points, Othery- were up 1 to more than E points. Metal shares joined the teday and registered gains running to 2 points or morc. The market was particularly strong just before closing with Demand tickers running late. spread to the rails which had Rome wide gains on sharply higher car loadings.
Today's volume was 3,000,000 shares.
Of a total 1,245 issues traded, 603 were higher and 419 lower. American Exchange volume, was 1,450,000 shares.
Bond volume amounied 33,000,000.
Closing Prices
spot quoted at
20-29
NEW YORK Closing Tales were: Canadian England ital
4.63-43/10
Ju-day
2.81-17 2.61 .11
Alden Ing. Acy.
Alpoma Steel Corp.
ed to approximately 29 pence per th. Prices $832,000,
Hedera house ferin
Market closed ne
(July/Skuč
steady with a firm gelber December
undertone,
over wa
Turn- January/March
-
KOMPETA
29-201
-
-
General torrkoli, elf baris, porti May and Ju
New York .... Mundrak
July
Frankfurt
Felic sepe thin June 30
proximately
$1,870,000
fatmut pull without
Kingdom İsame boat.
SECURITY FOR YOUR SAVINGS Putting it in or taking it out—it is just as casy to do either when you have a Bank Deposit Account with Lombard Banking. While
your money carns a steady 5% interest, it
is both safe and secure.
5%
Write today for your copy of "Bank Deposit Account!" booklet No. AO. 74 to General Manager
LOMBARD BANKING
LIMITED
· BANKEZ
LOWBARS MOUSE, OVEDEN KYRKET
PROX LASE, LONDON W.1 Toleybuss: 905 4151.470 Mand
METALS
NEW YORK
Closing prices were;
Lead
May
July
Zine
May
July
Cupper May
July
July
Tin May
LONDON Closing prices were:
1.555
11.05
19.05%
10.300
It.201 31.75
102.246
101.250
Abitibi Power & Paner
Allied Chenients
Allied Mills Ine.
to
|
Mission Development Mosanto Chemical Co. Moaluomery Ward Motorola Inc. National Biscuit Ca. National Cash Reg. "A" National Dairy Prod. National Lead
National Steel Corp.
New York Central
Noranda Mines Ltd.
Norfolk & Western Ry,
Amer, Aviation
artis-west Airlines (Com)
Otin Mathiovan
Oti, Elevatore
Owen-tilisuls Glass
Oxford Piper Co. Pacific Gas & Elec Pan American Airways Taramount Pictures
Parke Davis Co.
Penny J. C. Co.
Penn Salt Co.
Philip Mortis
Pitney Bowes.....
22 Brcoter & Cumule Co.
Pilisburgh Plate Claus
1/113%
Publieker industries
42
Puro Oti
Allis Chalmers
201
Radio Corporallon
Radio Corp. Pret.
Ain. Brake Bhoe
American Airline
76
aythe
Astarlean Cyanamid Co
401K
Republie Stee!
Amer. Melural Gas
10
Itoyal. Bank-al Canada.
53%
153
271
Vruguay
Gers unchanged,
LONDON
Cling rates were:
+blan
Paris
Blackbuken
2.01 9/10-2.01 11/16 2.71 5/20-2.11 7716 11.77-13.7732 1747-174736 19.00-13.00%
12.302.17
Vienna Zuri
Others unchanged.—ÜPI,
U.S. INVESTMENT
QUOTATIONS
following are United States investment quotations in American dollars. The buyer's quotations include commission:
Mutual Trust
Sellars Buy PER
"Amer... & Forga, · Pawer
Ann Gas & Electric Am. Home Prod..... Au Mach. & dry American Metal...... American -Spangen "Ame""" "Yugirtan"
Amerten Tel Tel American Tob. “n“
Anaconda Copper Armes Steel
Armour
Allar Cons, Mining Brid win-Line=FIRE. Bark of Montreal Dallimore & Ohlu Beneficial Finance Beulx Aviation Corp.
Benguel Cons... Betlehem Steel Boeing Airplane Barden (The Co Hrlish Amer. Oll British Columbia Power Burragh Add Machine
The
Reynolds Melaj
Seara Roebuck & Co.
Shell C Co.
314afeway Stores
Baini Reg. Paper
Schenley Indu
Sinclair Oil
£! Breith, Cline à French
Boceny Mobil On
243
Stokely-Van Camp.
Stene & Webster
Studebaker-Packard Corp.
Sunithine Mining Swift & Co.
Texas Co.
Textron Inc. ....
28%
Corp. Ord-18s
Ford Motor Co-03 Dd.
Breweries
Distillers Co-371 E.
Buddio and Materials Associated Poriland Cement-664 inchin Jolution Associates Ond- Coal, Steel and Engineering. Babouck Wilcox Lid-47 30. Vickery Ltd=330 96.
Food and Tobacco
Unilever Lid=102% 1948.
Paper
Bowater Paper. Corp. Ord---404.
Radio and Electrical Associated Electrical-40% 3. Flectical & Muxion)}}%, English Electrle Co-034. General Electric-14.
Alipping Indo-China
Sitar Nay. Cư, uể
PO Steam Navigation def ord Ktorea
Great Universal
Slutes "A" 185
Marks&Spencer Ltd--AGE Woolworth F. W. & Co-43 08. Textlin Cunin&d-24 3
Courtaulds L10-30%.
fine Anglo-American Corp of South Africa-18 Tha
Cony Goldfields of South Atılca... CO: 64.
Con Zine Corp. Ord-04: 03. De Beers def—iða 13⁄41⁄2d. Honekana Tin-4x 15. Petaling "Tin—8% 30.
Band- .
Scuthen Kinta
Este Ltd
Union Corp-50 tid. West
126 301-3.
Driefontein Goldwining-- West and Co239 70..
ou
Destin Borhes Peltoleum Byndi. cale-55% 7.
Bratb Petroleum Co., Lid-304.
มิ
Ba15 (28)# id!,
Shell Transport
#Trading-13
Iteyal Chitch Petroleum-£1824
24 -Ileuter.
P.OB.I E.A
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTAL S.N. CO.
OUTWARDA
"CARTHAGE"
LEAVIN U.K.
Rated 2014
"COROMANDEL" Salled 20/4 "SUBAT" "PINJARRA" "CANTON" "SOUDAN"
"SOMALT"
HOMEWARDI
"SINGAPORE" * "CARTHAGE" "CANTON" "PINJARRA" ± "CORFU"
“SOMALI" *
"CARTHAGE"
QUE HK.
1st June
2nd June
Salled 12:5
IFLA MRY
3rd June
Auth
May Eth Junc
161 June
20th June
3rd July
7th July
1511 July
LEAVES 8 K.
30. 18th May p. th June p.m. 0 July
Noon 18th July 5 p. 31st July 3.m. 10th Aug.
DUE LONDON
3rd Jun
7th July 6th Aug.
17th Aug. Jat Sept.
211 Sept.
p.m. 28th Aug.
20th Sept.
Via S'pore, Pening, Colombo, Bombay, Aden & Pi, said. Colambo and * "BINGAPORE" & +SOMALI", omit Bombay and extend to Flamburg, Rotterdam & Antwerp.""
Sat * "PINJARKA”
proceeds 5'porr, Aden, r
London,
Antwerp, to Hamburg. Ilottesdan &
Citerca
BRITISH INDIA S.N. CO., LTD. "HAVILDAR” dus 22nd May from Calcutta, Cali
Fong, Rangoon & Siraits saits 23rd May, for Japan "Cu6" Bu "June" "Troia Calcutta, IONIQUE
Penang & Bingapore t th June for Japan
Dala
"SANGOLA
P. & O./B. I. JOINT SERVICE
"UMARIA"
"OZARDA"
In Port salla 10th May
do 20th May
from pati
for Singaporn., Penang, nombay, Karachi, Dubos, Kuwalt Bairah Khortanishahr
from Karachi. Bombar
Cochin, Tuucoria RED DOTO
Lor Japan
from Jagun
&
Ku-
for Bingapore. Bombay, Karachi. Dubai, waft. Darah & Khor-
aup 28th June from Japen salle 23th June for Blagapore. Penang,
Madras, Cochin, Bom bay Be Karachi
60
Botar Aiteralt
78
South Puerta Nitco Bugar
2311
Soulbern Co. (The) ******
1424
Southern Novonal Go
13
Southern Railway (Com)
CO
Blandare brands..
4421
sundard oil of Cal
Standard" Oil of Ind.
Blendard OH at.N.J.
Flowp Lock (Toronto Exge.)
Sterling Drug Co.
"OBRA"
zelis 29th May 7th June All 9th June
Buyers Spilots
Adilated Fund
1.50 1.18
Spat
2045
Am Bus Shra
4.30
480
Call. Packing Corp.
3-month
7841
Asom Dev Mut
201
6.20
Campbell Soup Co....
Copper
Ake Hought i
1.50
Canadian Bank of Commerco
Spot
23312
2337
Bullock Fund
14.30
Canadian Breweries
<EP
Thickel Chem.....
"OZARDA"
40.83
Downth
23424
Con Gen Fund.
J9.11
Canadian Pacific R.
2014
Tide Water Asan, Oil
14.34
Lood fat helt
Canachan Fund.....
1040
Case (J. 1.) Co.
23
* DỤ
May
10
71
Onation Int Growth
0.12
0.97
Cat. Tractor
Da
T-Cont. Warrants
Time Inc. ********
Aug.
*24
Chemical Fund
11.00
11,00
Celanese Corp.
STEK
Twentieth Century Fox Film
Zing at alt
Comwith Slock ....
15.61
10.07
C. I. X. Facial Com. ....
sa
Union Carbide
May
รรม
Dividend SIMB
3.07
Chrysler Motors..
101
Union Pacice Hallway
111
Aug.
735
TZER -UPI.
Dreyfus and ...
13.00
1847
Clušti Peabody
United Aircraft
Eaton & Stock „Fleetponlar "Inv
Colgate-Palmolive Co.
Uplied Fruit
24.10
24.00
261
1.31
US. Foli
**
Feund But Fund
10.43
11.34
V.B. Gypsum
Ham Fd HC-7
4.03
1.00
10.91
11.03
Continental oil of Del.
80
8. Line Co.
11.00
1450
Crown Zellerbach
Crane Co. .....................
45
1.3. Rubber
256
7,54
Boston
1143
Culin Amer. Sugar
1271
22356
24.01
Keystone Canada
14.49
Mass in Tr
15.02
Mrs Liv Growth...
$3.00
14.31
NEW YORK
Dow: Clumlčala
87
Nal Best Set Growth
8.33
0,00
World No. 4 sugar futures Scudder St & c... closed today unchanged to Teler at no l
Value Line Fund... points higher with salts of 204 | V. E. P. contracte.
40.18
40.15
Dupont de Nemour
200
Eastern Airline
10.00
17.40
Zaakman Kodak
1.33
7.70
El Paso National Ass
41.80
3230
Wellington Fund
Family Finance Cory.
31.62)
(Firestone Tyre & Rubber
KEYSTONE
Fire Mat. City Bank Tan
Ford Moler
SUGAR
Domestic No. 0 sugar futures closed 1 to 2 points lower with sales of 454 contracts,
Instit Found
Instit Growth In14 Income
Inver T
Keystone Cun
Colombien Carbon Co.
Commercial Credi
Consolidated_Edison,
Diamonu Alkali””
Disinond Gard
Dominion Stores
Daugina Aircraft
Tiq.Value Bang yard otor Co. of Capade
3. "9-1" High-groche
C. stock ..... 10,33 World futures, refectod tho | a. "9-4′′ Income Ľ.
Blocks altuation and tho
|8. "99"
firmer TAW
ricudier tone of the London
market.
Contrast"No."4" (world)
July: 2.93): Sepli. Eşi;;plati” „8-90; Jan: 3.17: Marg 2.06); MK7 3.00
July!
General Dynamics
20.30
[general Tlectrio
General Foods
Apprecia ton C. atoka k Kerstone-- Pind of
General Matoni
10.07
Gen. Pub, til
gan, Tyre & Rubber
Here Facep
Glidden-Co.
Growth
NATIONAL
City all
Liq.Value Holter Goodrich (B. P. Cơ.
Goodyear Tyr
451 United Cos Corp,
UB. Smelting
25% US Steel Co. of Canada
3241.M. Minei
30
U.B. Stent 7 P.C. FF
02% Warner Bros.
Waukesha Motors...
Westinghouse Air Braka
Weatingtrous Electric Western Union Tal. Co. Winn-Dixle Stores...
Woolworth (K. W.)
Zen Radio
Exchange Rates
Loca
Businem war, dupe in the
agubane market this morning, as the following rates Starling notes (per #1: *** Australian noter" (per 1) Indonesian rupiah (par" 100j Slam Lions (per 100)
EASTERN & AUSTRALIAN 5.5. CO., LTD.
"KARMALA" loads at MAY
salle 32nd May for Bydney & Melbourne DIRECT
"NELLORE" Ibada 21ef May
sie 2nd May for Labuan, Sandakan, Brisbane, Kydney, Blai- bourne and Adalaida
All vesooja hava Marty is važi pt any ports am ar off the route & the route à callinge are sadjeci to change or amenduami wiik' or witbent malies.
For tuli particulars apply to:
MACKINNON MACKENZIE & CO. OF HAND KOGO LED. Telephone Nos: 97721 4.