* THE CHINA MAI. FRIDAY, MAY 20, 1959.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE ·
SHARES FALL SLIGHTLY
Profit-Taking Climb Before
By A SPECIAL CORRESPONDENT
Slight profit-taking has sent some of
the popular issues down a little this
but the week
Hongkong Stock last Exchange was just as busy as wock.
HONGKONG
STOCK EXCHANGE
by
Our Own Corecspondent
There were only mild fluctuations of prices dur- week and after Ing the climbing
continuously for
some weeks, it was expected that there would be some
consolidation and profit-tak- ing on the market, before it I started climbing again.
Ulties were once again In Electrics, which favour, arki
have been neglected for some time, tacked on 10 cents closing al $27.80. Phones were also belter with a 10-cent gain, while
Business done on the Hong-Eights rose to $18.20. during the
Stock Exchunte
this week from $18.
-
morning amounted to proximately $BHI,OUD. Noot quotatlari and the morning's transactions were:
Kharr
BANKS
SAK Bank
Fast Amin
Kellers Buyer
.
B57.50 462.50
10
20...
2
40 w
INSURANCE
Fusion
Indard,
XD
SKATING
Waterbent
19
72
4
20
#
Rumours
Docks, which were pushed tip by an impending land gale Hale rumour Inst week, fell $1.25 tils veck when another Tumour sid that the offer for the lond had been turned down by Docks,
الم السلام
253 I
Whenork 10 1.00 2000 2
DUCKS, ET
5.15
X. Wharf Jos
Dock
Provident,
(0)....
Melkon
LAND EC
4314
11.00 1190 35600 14
323,25
BGU
5.1940
Talkoo were 50 cents up this week after being quoted ex- dividend on $2.80. This gives the share a present yield of 7.3 per cent.
With talk in Ice House Street that Government was thinking of decontrolling the rent. Lande were in immediate demand and 1180 they tacked on 50 cents for the
weck.
Cement, Hotel 2500 2710 2500 27.10 BX Land, K
41
BM 170864 2000 or 10.0
1.00 1.576 2.00 26536 cə
5.43
KOM
T
Blumphreys 35 43 15,179
lealty HUBIER Amate....
Trust
maintained their price of $32.75 and it is reported that they have had a very good half year.
Turnover for the week was 240 2.474 2000 rs
$6.49 million compared with 10000 2.45 56.35 million tast week. 245
A. Tarwah 3.10
Sengala
UTILITIES
200
Tram 2045 20.00
Star Ferry 118 120
الموالي
21.10
108
170
100 6
450 w
All
100
100
Youmati..
C. Light.
(01....
15.30 16.23
Electric 27.30 27.50
107, w
500 IN
10.37
10.7
Market Diary
Here is markel diary of the
Friday:
1000
2000
18.10
2648 w
Telephone
24 60 26.70
32 32.75
2006
110 B
27.50
32.00
Monday:
Day 10.30 10.40
Cement
STORES, ETC.
Lane, Craw COTIONS
Textile
MISCELLANEOUS
VIDTO... 3.10
0.03
کھا السلام
focat
Exchange Rates
Brines was done in the
Judic
#klangs market th
morning at the following rates.
U.S. Juline per $1
Australian notes (per £5
Indonesian cupish per 100)
Stam ical (per 100)
Bingapore (Strally)
Sterling mater (per by
Tuesday:
★ The Share Market
HE Bank Lombard
Union
Wheelock HK vyhaef
HK Deck
Taikoo Dock
Provident
HK Hotels
Glance ★
Dividend
★ 289898.8.22.33,384,49]=
Apr. 30
May 7
May 1
83734
850
832
May 21
#63
May 28
800
Up or Down
& Bonus
346
Yield (%)
3014
3014
31b
FIL
7312
Tixd
2934bxd 72
30
+50c
$2
12
#leady
$3.40
5.05
0.15
5.95
5.80
750
BILD
85
N
0014
0115
++$1
400
43
43
4624
6340
51.25
$3
31%
343%
30
37%
++-550
32.80
11.80
11.80
11.70
11.70m
11.80
+10
21.10
25.00 •
20,00
20.30
27.90
27.80
-10%
$2.50
HK Landa
33
83
31
3314
+++000
12.40
J
HK Really
1.60
1.025
1.625
1.625
1.626
strady
280
IK Trans
28.90
28.00
28.50
28.50
28.60
+10c
$2
Star Ferry
112b
115
114
116
115b
-1
59
Yaumalik
9044
103
108
100
190b
steady
B
Ch Light
18.80xd
18.00xd
18.20
18
18.20
+20
$1.10
28
21
27.80
27.70
27.50
+10
31.90
20.30
20,60
20.30
2014
20.00
+100
$1.75
29.30
20.00
3234
3247
steady
31.25
15.70xd
10.40
10.40
16.30
16.10
81.525
14.40
14.80
14.50
14.80%
14.80%
steady
$1
18.70
17.30
47.30
17.80
17.80b
steady
31.50
6.49b
5,701
6.90%
3.FOL
5.85b
+60
$50
4.45
4.45
4.45
4.36
4.401
+36
250
10.30b
11
11.105
11.80
11.80m
steady
800
4.85
4.80
4.80
5.10
5.05
430
8.30
8.20
8.20
8.70
8.55
800
lower.
Electries
IIK Telcrbonc
. I. Coment Dairy Farm A. S Watson Lane Crawford Int'l Investment Allled
HK & FE TOY Trxille Corp
Nanyang
THE TALLY: Last week, 13 higher, 6 steady, 7
U.S. INVESTMENT
QUOTATIONS
The following
are
United
The buyer's
States investment quitations in
American dolines.
quotations include commission:
Mutual funds
Affiliated Fa Am Bu Sura... Atom Der Mui
Axe Hought I Holtnek Fund Canada Gen Fi
8.00
Heller Buyers
7.00
* ZP
420
4.50
1.76
€28
0.67
1420
19.00
14.95
16.21
Cadjao Fd
1413
10 13
Canadian Int Growth
12.07
10.04
Chemical Fund
11.21
12.12
Comwi Stock
15 47
17.25
Deviled Sh
4.13
3.43
Dreyfus Fund
14.19
Eaton & 11. Stock
15.42
28.24
Electronics Inv
750
0.20
Found Mui Fund"
1050
11.62
unit Fd HC-1
5.10
5.63
Ins11 Found
71.00
12.10
111
12.01
200
7,65
11.92
13.03
サッカー
4.60
-Do
150
This wook, 11 higher, 8 steady, 7 lower.
To
Industrials Rise
New Record High
New York, May 28.
Industrial stocks advanced to a new record high today.
Their rise came without bene»
A of alt from the rails and utilities whleti lagged Also
trading failed to pick up much from the recent pace,
Today's, volume was 2,970,000 shares.
Of a total 1,200 issues truded, 401 were higher, und 518 lower. American Exchange volume was 1,320,000 shares,
(Am. Natural Goa
American Smriting,
Am. Suger Res.
American Tel & Tel American Tob. "I Anaconia Capper Armeo Steel
Annour
Atlas Cana. Mining Beiltmore & Ohlo Baldwin-LE-Ham. Dank of Montreal Beneficial Finance ... Bendix Aviation Corp. Benguet Cons Betlitehen: lee:
BUY
M
Eastern Airline
39
Eastman Kudak
B3%
El Paso National Gas
Family Finance Corp.
Tiredione Tyre & Rubber
145
741
· First Mat. Chy Dank
Ford Motor "Co. of Cana.
1BU
24
Ford Madur
10
Georgia Pacie
44
Ceneral Dynamics
30
tieneral Electric
24
General Foods
General Motor
Gen. Pub, Uul.
8232
Gen. Tyre & Rubber
closing averages
Boeing Airplane Borden They Co.
delty 011
78
Burroughs Add Machine
361
Brilis Amer. Oll
38
Max In Growth
14.12 10.20
30 industrials
430 54
Nat Sec Ser Growth
4.48
20 rails
187 07
British Columbia Pwr. Calif. Packing Corp. Cana. Bk of Conim.
北
Gult Of...
6
Scudder St & Cl
40.47
40.47
15 uitles
00.78
Telev Eld.....
10.02
1751
03 stocks
Campbell Soup Ch.
401
10.20
Vaine, Line Fut
7.18
10 bands
23.02
12.91
Corin. future price index..
180.20
112
14.47 15.77
Thatit Growth
Insul: Incone
Fient Truston
Keyamoto Cust DZ
Keystone Canada
Mans In Tr.......
V. I. P......... Wellington Fund
13.68
13.07 15.10
Agreed Merchant
Rates
Swiss Francs Maximum Sell. ing 74%
West German Deutschemarks Maximum Selling 124,
Malayan
Dollars Maximum Selling 52-13/16: Minimum Buy- ing 53-5/16 T.T., 53-3/8 O.D.. 58-11/16 30 days, 53-15/16 00
Fairly steady with interest centred on Docks, Lands and utilities. T/O: 51,010,000.
Rates showed only fractional
changes with utilitler, Lands | days. and Cements again oulstanding. T/O: $1,134,000
Buyers predominant with Electries and Cements constitut- ing the bulk of buying done. T/O: $1,338,000
Wednesday; Firm lane prevailed
Thursday:
with very
fluctuations.
$010,000.
Undertone
Bonds volume amounted to $5,030,000.
Dow-Jones
were:
Closing Prices
Autübi Pwr. & Paper Alden fre. Aty. Algoma Steel Corp.
Chemicals
Allied en cal
Allis Chalm Ain. Brake Shoe
Amertean Airline American Cable
Carp American Cyanamid Cə Amer. & Forgn. Power A. Gus & Bectric Am. Home Prod. Am. Mael, & dry. American retal
Yesterday's Closing
Canadian Pacife
CAM 12. Di Ca,
Cal. Tractor
Celanese Corp.
C.).T. Financial Corp.
Chare Manhat. Dank
Chrysler Mutors
Cluett Prabody Colgate-Palmolive Co.
Colombian Carbon Co Cenumercial Cred
Glidden Co.
Goodrien (..) Co.
Goodyear Tyre
Grumman Aircraft
Hammond Organ
Hoyden Newport Corp.
11omeatake Ming Co. Husman Refrig.
23%daho PRACT
Imperiat Ol
304 H
68
Ingersoll-Rand Inland Steel CD.
61b Interchemical Corp.
Int'l Burnest Machines
88 Int Starventes
fislernatium
International Paper
BANA JINI Tel & Tel
$ 35%
201
Nickel
481
4214
e3
Continental O. of Del
57
Crane CoSTRAT
45
¿ació
JA
164
04
201.
L'onsolidated Eliases
Crown Zellerbach
Caban Amer. Bugar
Diamond Alkoll
Diamond Gard
John Manylile
Kaiser Industry
Kansas C. Power & Light"
55Kennecoll Copper
Kimberly Clark
Läggett Meyers Tob. Co.
on Ind.......
023
Lly Tulp.....
Dominion Stores
701
Douglas Aircraft
Lockheed Alterati
521
Dow Chemicals
871
Dupont de Nemours
258
COMMODITY PRICES
slight
T/O:
SUGAR
steady
fo Arm. */ 0: $1,100,000.
MORE and MORE
PEOPLE are OPENING
5%
BANK
DEPOSIT ACCOUNTS
with
LOMBARD BANKING
✓ SAVING NO Charges, Brokerage, Commission,
s
Fees or Stamp Duties,
SAFETY-NO Capital Depreciation--Your Trade
resale at your disposal
INTEREST is calculated on a Bally Basis-Le, your moncy le carning 5% from the day you deposit until the day you withdraw.
SECURITY--The Bank's Capital und Reserves.
ASSETS EXCEED £50,000,000,
Interest paid mishaat deduction of Untied Kingdoms inconer (x, Write today for your copy of "Back Deposit Account" booklet No. AO.74 to General Manager
LOMBARD BANKING
Hand Office a
LIMITED.
BANKERS
LOMBAKÉ IDONE, SUEDAR STEHT.
BANK LĂNK, LINDOOR 2.3' Dhobune: 800 4211-06 BAC
NEW YORK World No. 4 sugar futures closed today unchanged to two points higher with sales of 200 contracts.
Domestic No. 6 sugar futures closed unchanged with sales of 125 contracts.
Contact No. 4 (world)
July: 7.93 Sept: 230; Oct: 2.08; Jan: 3.17: Mar: 330; May: 3.12; July: 3.10 Sept: 317; Ol: 3.12 kpot-leen la ft Cuba): 2.87, Opar listerzat: 0293 Contract
Contract No. G (domestic)
July
No Tuller per b
Sum
No rubber per lb.
June
No. 4
June
rubber per lb.
Spot rubber unbuted
Blanket CTLA
No. 1 pale crepe
LONDON -
102-102
100-94-101!4
100-100
2012-007
16274-102 004-081 10416-10316
The rubber market was dull with apol quoted at 29-5/10 peace per 15. Prices; *****
*34-2011
General markets, cif bants, porte:
COTTON
NEW YORK
Closing prices ware:
Spot: 30.25 nom: July: 36.70; Det:
Loews Incorp.
Lone Star Cement Co. Lowenstein Be Sons,
MeDennult 3. Ray McDonnell
Aircraft (Am.
Stock Exge.)
Mesabi Iran Corp.
Minnesin MIL
Mleston Development Monsanto Cheruical Cof
Montgomery Ward
Motorola Inc.
National Costs Reg, "A"
National Dairy Prod.
National Lend......
New York Central
Norando Mines ltd.
North-west Airlines (Com.) Olin Mathiason
Otis Elvatore Owen-illa
Glas
Oxford Paper Co. Pacific Gas & Elet... Pan American Airways Paramount Pictures
Parke Davis Co.
Penny J. C. Co. Penn. Ba
Philip Morris
Droits; Mar 30 09:- Kay! - Pitney Bowes vir
32.97 July: 3213: Oct: 30.18.
NEW ORLEANS.
Closing prices were:
CA
Spul: 34.00 July: 04.67; "Oct: 92.63; Dee: 12.01; Mar: 32.83; May: 8204) July: 3231: Out: 30.12.
Procter & Gamble Co. Pittsburgh Plate Glars Publieker Industries Pure OIKAYST Badlo Corporation Radio Corp, Pref. Raytheon
Republic Steel
Reynolda Metal 'Royal Dank of Canada
Shell Out Co.
Safeway Stores
CONTINUED DEMAND
FOR INDUSTRIAL SHARES IN LONDON
London, May 28.
The stock market closed firm today led by con-
tinued demand for industrial issues.
Gut-aized securities, how- ever, falled to sustain an early
Anished frac firm tone und tionally, lower.
Store, engineering and clee- trical issues featured, a buoyant industrial
Imperial section
Chemicals jumped
more thanı
traded in
b shilling on nows that they ure being unofficially Trankfurt,
Lemand.
Imperial Tobacco
Co., Ltd--ori
BilscellaneouIB. British Oxygen Ltd Ord–43. Canadian Pacino fuy-#55. Dunion Rubber Comz3yga. Hongkong China Gas-j Imperial Chemical-30% od cor. Lyons & Ca=801 33., Unilever -+1010 k
Gold stocka were in renewed
Greek bonda firmed in n generally quiet foreign bond ord-T
Paper Dowater Paper Corp Orcu-Tim Dd.
Itadio and Eletrics) Asociated Electrionis. Electrical & Mytral-dis English Electric Com47 34. General Electro-74 Oct.
Shipping Indo-China Blan Nav. Co, det
PO Steam Navigation def ord оп stocks coged
higher,339 1.
Btores Rubber stocks were mixex'.~~~~~
Great Universal Stores "A"-41s, UPI.
Marki & Spenere Ltd=85% joyd. Woolworthr. W1 # Co-4 kl.
Textties
market.
Closing Prices
Giltedged onde Briti Trquirt 37, 1979/89- £0G-7/16,
Coros =~£A1-1/10, Canile +-27813.
Conversion Loa 3. 1909-
nging Loan 37%. 1059/00 – £335, Funding Bruck" 3/976, 1999/2014-
27212.
Funding £90-7/16.
Lean
1900/90--
Bovinku 34, 1955/65-£-1/10, Raving, 1960/70-31-W/ED Saving 24, 1985/75-275-18/10.
Banks Dorclay's Bank “A” Lid ord -- tha
Chartered Bank---46, dd.
Dd.
Hongkong-rance
Unlot Meurange Cantin-LES.
Stitcraft*und Motors
British Motor Corp, O-10 Ford Motor Co-Gi 125€,
Breweries
Ditilter Ce-27e
Histiding and Maioriste Associated Portland Ceinent-0
Pinchin Johntua Aroclater Ord- 19 60.
Cost, Steel-and Engineering Babcock & Wilgox Ltd-45% #ash. Vickers L14-339 3.
Food and Tobarre British American Tob. Co., Llúm 3 Bd.
Coste 3, 4,3 Lad-39% 10. Costauld Lidman 1011⁄2d.
Miner
Anglo-American Corp of South Atrira-152
Con, Guldßelde of South Africa-- 720 03.
Cubs, Zine Corp. Ord-68« 3d,
De Beers del 101# 1646.
Free State Development & Invent- ment-41s 90,
Ironvong Tin P11,
Petaling T-5 d. Hand-d
Fouthern Kinta Dong-Ltd-223
1104,
Union Corp-621 #ki.
West Driefontein Goldmining- 13 30.
West Rand Cont
-25 75,
Britisk nomeo Petruleum Gyndi-
"Neush, Petroleum Co., Lidmbls.
Burmatimázy (KI.
Royal Dutch Petroleum-C1MS... Shell Transport & Trading-139 444.-flouter,
Ceylon-China Deal
- Colombo, May 28. Ceylon will sell 30,000 tons of rubber to China in exchange for 230,000 tons of rice in 1959.--- Reuter.
P.OB.I
E.A
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTA! S.N. CO..
OUTWARDS "CARTHAGE" "COROMANDEL" "SUBAT" "PINJARRA” "CANTON" "SOUDAN"
"SOMALI"
HOMEWARDS "CARTILAGE" "CANTON" "PINJARRA" ± "CORFU
"SOMALI" * "CARTHAGE"
"SUNDA".
LEAVER UK
Salle 2PA Spiled 25/4 Balied 12/5 Salted 19/3
3rd June 29th May
DUE ILI.
lat June Bil June 17th June June
3rd July
9th July
oth June 15th July
LEAVES N.K.
3 pm, 5th June
5 pito; 6th July
5 pm. 10th July
p. 3tat July
p. 18th Aug.
DUR LONDON
7th July
17th Aug
1st Dept.
21st Sept
5 р. 280 Aug. 28th Sept.
5 p.m. 17th Sept. alat DeL
Via K'port, Tenang, Colombo, Dombey, Adem a Pt. Bald ↑ "PINJABRA" pröcseda 'pore, adett. M. Kata * Antwerp. se Imburg. Kollerdam London, thepro
* "SOMALI” and “SUNDA” omit Colombo and tsombay
and extend to Hambure, flotterdam & Antwerp,
BRITISH INDIA S.N. CO., LTD.
-"BANGOLA" - dub 6th Jump from Calcutta, Rangoon,
Penang Blagapor salis0th Juns for Japa
-HAVILDARM-dug=14th-Jana-diam. JAPAN
诽
J
#
A 15th June for Singaper, Pasang,
Rangoon, Calcutta Chittagong
P. & O./B. I. JOINT SERVICE
No. 1 las spot Belleteni house term:
July
2016-2016
Aug.
2012-2015
LIVERPOOL
Sept.
2004-2015
Oct./Dec.
20-1-204,
Closing prices:
Bears, Toebuck & Co.
"OBRA"
June/July.
2914-291%
American Contract
Estate Crepe thin
Baint Res, Paper
May/Juno
Schenley Inc.
July
July/Aug.
Estate crepe thick
Juty
Oct/Nov.
21.30
Scott Paper
Sinclair Oi
"ORDIA"
311
Dre/Jan.
21.03
Smith, Cilae_&_ Prenolt
Mar/Apr
X1.23
cli
Sorony Mobil OLY
Mixed Contrac
Boler Aircraft
May/June
23.73
Bouth Puerto tipo SugarC
July/Aug.
23.75
Southern Co. (The)
"OLINDA"
Oct/Nov,
Southern Natioma Ga
Dee/Jan.
A130
| Southern Railway (Com)
Mar/Apr.
71.00
Standard Brands
"ORNA"
May/June
21.00
July: 580; Sept: 87: Nov: 3.07; Mar: 6:10; 8pot-iventa per
NY ex-duty): 5,83; Open, interest: 1,470 contrácia.—UPI.
RUBBER
NEW YORK
.Rex rubber futures closed 70 to 85 points with sales of 126 contracta.
Juty: 35.79 Sept: 39.28-30; Novi 34.90 Jan: 24:43; Mạr: 3420; May: 34: July: 33,00
AMSTERDAM
The rubber markel was easy today. Prices closed in guilders per Elogram, ciť June follows;
METALS
NEW YORK
Closing prices:
today
July lower
31.0231
Zine
July
J1.83
11.835
Sept.
11.56b
•
|Copper Sept.
Say
32.281
22243-451
Tin
July
100,0
Stal
J00.836
A-bid, & traded.
as
LONDON
-2.88 now.
Closing prices:
223 BOEL
Buyer Ballers
3.00 hora.
Tin
Spot 3-month Copper Hpot 3-month
FUCK
ENG
24113
24013
No. 1 rubber ber ̧ `1b.
June
AWES kirse End baze
May AVĚ.
301%-100%
No. 1 rubþar
No, a rubber
jea. 3 tuber
No. 1 crepe
SINGAPORE
After opening slightly lower
the market steadied on renewed | Laad and' heir' buying and fair interest in lower shetis.
OL
SAO PAULO
DT IZ
All priers unquoted today. In ine United States, the average price of, one-inch cotton at 14 designated spot markets was not available.
Total sales were 11550 bales. -UPL
FOREIGN EXCHANGE
LONDON
Closing fates were: Now York Montreal AmsterdainI
Copenhagen Trankfurt Milan
2014 Dalo
Y Pariy
Stockbalın Vienna
Zurich
Others
7.61-2/10-1.53 +25/18 2.7046-3.70%
140.1–149.20
12.2945-11,724
* 174436-174516
14,005%-16.80
Said O!! of Cal. Standard Ol of Ind Standard Oil of NJ,
Steep Rock (Toronto Exge.) Sterling Drug Co. Stokely Van Camp. Store & Webster Bunshine Mining ****** Rudebaker-Packard Corp
Bwirt de Co. Texas Co.
Textron Jne. Tilokol Chem
Tide Waler Awa. 011 Time Inc.********* Tri-Cont. Warrants Twentieth Century Foxx Pilan Union Cartri
Union "Oll of cal,
Union Pacifio Rallway United Aircraft
United Prin
United Gas Con
US, Foll "13"
UN. Grotum US. Ling Co.
UB. Rubber
18. Breaking UB. Ste 2
US. Steri 7 CC. FJ. Warrier row.
Waukesha Motors
| Westinghądem Ale Brake
Westinghqure Rectria,
Winn-Digi Story Woolworth (K. W.)
an
due 12th June from Japan
salle 13th June for Singapore, Bombay,
Karachi, Dubai, Bohrein,
Kuwait Bears Khorramshaht
dure 24th June from Japan
sails 25th June Fer Singapore, Penang.
Madras, Cochta, Bom bay & Karachi
due 23th June from Karachi, Bombay.
Cochin & Singapore
salis 20th June for Japan
dua 18th July
from Karacht. Bombay, Cochin. Tutinorle Singapor
all 17th July for Jipan
EASTERN & AUSTRALIAN S.S. CO., LTD.
"NANKIN"
"EASTERN"
+
Tenda Strel June sana 24th June for Sydney dứa 11th July Be Melbourne due 16th July
dua 2nd July from Australia. Cafe 4th July for Labuan, Sandakan,
Brisbane, Sydney, Mel bourne -Â Adelaida All yemela bave liberty to' call at any ports on far off the route & the route a unflings are subject to change or amendment with or withoxi mošten.
for full particulars apply to: MACKINNON. MACKENZIE & GO. OF HONG KONG 110. Ta'opione Mass 27721-1.
#