+
Page
London Continues
Recovery
London, June 11.
The stock market continued its recovery today paced
by industrials.
Glit-edged
Ecurities
further headway
1/18 to better.
1404
closing from
Ilustrato scored Vide
spread advancos, although some Josues fulled to hold all their curly gains. American 2334 International favourites mich an British Oxygen 'Dorux,
A.P.
Cement and Howater were the
* THE CHINA MAIL,
FRIDAY, JUNE 12, 1959.
WEEKLY · REPORT ON THE HONGKONG STOCK EXCHANGE
SHARES DOWN SLIGHTLY
VOLUME OF BUSINESS DECREASES
By A SPECIAL CORRESPONDENT
featuris. Store and brewery As the volume of business on the Hong-
ahores also improved.
Greck bonds were higher in
the foreign bond market,
Tuse in 10-
the Wall Street
Dollar spons rally,
stock.
to
kong Stock Exchange decreased so shares were marked down fractionally, this week.
People are holding off to will
Gold shacks Bolche mixed, see how far shares
Coppers were in.
Oils lost their early gains. UPI.
Closing Prices
13:24 11
Gledged Honda
Bankport 1970/CA --
Curimile 21 MONG Le Cumul SATA,
Jan 3M
| drop.
Bowever, the market is like 15·
quiet for the tan to remaln bring, after climbing continu- Carly the last two months, and buyers are expected to wait for shares to handen at lower levris Before they take them up.
Fanung 17:00 3. 1959-00 (ricity companies was the cmuse
Finding
C712
£ 99-11/16
Stock 3, 13029/200-8--
INGA, D-
Savines 3% 1999/15--£9AM.
10/70 41 Savings. 1520 - 76-3/10,"
Banka
Barclay'a Bank "A" Ltd
Ch.
Chartered Bank Ja Stompka - £ 50%
Josier
Unikun Insurance Canton -- 14%. Alteraft and Motori Tiritini Maton Corp. Gad. 139 34. Furd Mol. Co-661 4.
Breweries
stillera Co -20% 4‡şd
Buliding and Materials Associated Purilaiul CertGils. Tunelaja Juhrain Asbelates On --72 45
Cual, Steel and Engfurering Este Witeux Id 4. Vickers Lt 31 14.
Food and Tebarco
British Auskrican Tab. 1'. Et: $21 Mi.
Iki.
Imperial Tobago Po., Ltd--50s
MiarellaneoNAL
Bestials Oxygen Ltd.
114.
Canadian Purine Rix -- $507. Dunlop Rubber Co
Hongkong▲ China GiaA-JAK.
Imperial Chemical - 37
Lynn & Coils
lever Ltd -128 1
Paper Howater Paper Corp Dol-554 DE
Radio and retricni -AMDUTAJANI Firetrien1 34 9
Eretical & blusical --534 21. English Electric Cards 112 General Electric-8%; the.
Riipping
Indo-China Steam Nas. Cu. def
OK steam Navigation def ard
-327.
Alorra
Great Univered Stora "A"-- 135
10.
Woolworth
1.04 30
Stork Costa d
Textiles
Courtaulds Lid 1.
Yesterday's announcement of the appointinent of the commis- ph to investigate the two viec- ut, falls in both Birhla and Electricn The former fell eents in the week to cluse at $17.00 white the latter fell 20 cents on a closing sale of $27.30.
Seven Gains
Banks were maintaining their level with their London Registers holding at an even £50
Of the seven gains this week only two were on actual sales.
They were Hotels and Cements. After their severe setback of $1.50 last week, Hoteja climbed back to $26.90 Before gradually. Jalling buck to close at $20.50 yesterday.
Cements elitated back to $31 This week which is an inercase of 25 cents on the week,
Allied Investors declared an uchungent dividend of 25 cents this year.
|
HONGKONG
STOCK EXCHANGE
by
Our Own Corresponde
Business done on the long- kong Stock Exchange this morn- int amounted to approximately sei2,008. Noon quotations and the morning's transactions:
Share
HANKS
Kalen
Buyers Settera
HK Bank 057! 800--130 0521,
INSURANCES UKIGA
Lanter SHIPPING Waterbuat Whenick
--
3412
23.20
DoCKS, ETC.
ه به رام
K. Wharf, BU
Dusk ... 42!+
Provident 19 1
Tallinn...
LAS, ETC.
انا الله
ม
1400 10
*2
5.85
700 N
Patel 26.00 2.60 IX Land
20 331
£1
265 m
24 14
Honey Strully
RUDLER Anale....
Turnover for the week was rust down to $3.57 million compared with $5.72 mlion last week,
Market Diary
NK Bank
Lombard
Union
#K Whorf
Talkoo Dacks
90
27.00
20
ZL
U.S. INVESTMENT
QUOTATIONS
The
following are · United States investment quotations in American delers. The buyer's quotutions include commisión:
Mutual Funds
Arketed Fund Am lua Etra Atom Dov Mus Axe Bout 15
Briler Buyer
7.05
4.21 45
* The Share Market At A Glance
0.06 0,10
630
9.01
Bullock" Fund
14,000
· Canada Gen Fü
10.71
Ug or
Dividend
Canadian d
14.29 10.87
May 14
8821
May 21 865
Mar 28 860
June 4
800
June II 853
Down
& Bonun
Yield (%)
Canadian Int Growth
10.23
-33
548
5.6
Chemlest Fund
11.23
Camwith Stock
18.70
ALD
2914bxd
30.
394b
+500
$2
5.6
Div.dead XH
3.13
24x
72
7Ja
7034b
-92.50
$3.00
4.8
Dreyfus Fund
14.20
Wheelock
G
5.05
8.90
6.85
6.80
700
12.0
Exton & Stack
Bluetonte Joy
BOLL
0114
Dib
9151
+500
$8
A.TE
Pound Mut Wind
голо
HK Docks
43
404
4535
4336
43im
$5
11.6
amii ya 107
3431
36
33x1
2816
33,
-500
33.80
8.5
In 11 Frend
14,04
Jestil Growth
Provident
.11.70
11.70m
11,80
11.99
11.00m
200
$1.10
9.4
Ina, Incre
092
HK Intels
20.90
- 27.80
20.30
20.50
+200
$2.10
0.4
Invert Tr Boston
1150
UK Lands
33
33
30%
2314
83%
steady
32.40
7.25
Keviting Cut D2
22.43
Roystone Canada
BK Really
1.425
1.625
1.625
1.00
1.603
Klcady
15c
2.4
MUST Tr
13 PC
HK Teams
28.50
28.50
28.00
28
28
steady
$2
7.2
Mans Growth_
14.07
Biar Ferry
114
110
1156
117
110
$1
SO
7.7
No Be Ser Gath
Rudder St & C
4021
Yaumatis
106
100
100b
108
100
steady
$B
7.6
Telev
"F! FO
Ch Light
18.20
18
18.20
17.90
17.00
306
31.10
0.25
Value Line Fund
7000
Electrica
27.80
27.70
27.80
27.50
27.30
2De
$1,00
7
V.I.P.
110
12.74
HK Telephone
28.30
26
26.80
26,30
Winter Fund
14.43 16.70
20.30
steady
$1.75
G.T
G. I. Coment
20.90
3244
324
304
31
+250
$3,25
10,5
Dairy Farm
16.40
16,50
15.30
16.20
16.10.
-100
$1.525
9,5
A... Watson
15.30
14.600
14.80€
11.80%
14.30b
-300
$1
7.1
Rates
Lane CraFord
17.30
17.80
17.801
27.70
17.90%
+200
$1.50
8.4
5.901
6.60b
5.88
5.850
5.90%
+50
050
4.40
4.36
4.40%
4.30
4.375%
+74€
250
5.76
11.105
11.80
12.80m
12.7cm
12.60b
-150
10c
0.3
4:80 8.20
6,10 8.70
5.05
3.05
8.65
9.10
4,975 B
-734c
marting at the following miR- V.3. dollara 491 $1) Sarone Sterline net (per 20......
Goe
12.
Australian noted iper £1)
12 01
80c
8.9
Int'l Invrsiment Allied
HK & FE lov
Texille Corp Nanyang
-100
THE TALLY: Last weok, 4 higher, 7 steady, 15 lower. This wook, 7 higher, 5 steady, 14 lower.
STOCKS IRREGULAR
ON WALL
STREET
New York, June 11.
Exchange
Buscoin was deile "io-the local undheit t
anarkei
3.74 10.00
| Ind-vestra ruptch four 100)
Slam Beats per 100) Singapore Siralte)
SEOUL-TOKYO TRADE SEVERED
The
Beaul, June 11. Repubile of Korea Vico. Forelon Minister Kim Dong Jo, today told a prese confor- ence here that the Bodul Goy- ernment had decided to sover all trade relations with Japan.
Ambasador in Tokyo, Mr Yiu Tal Ha, had acted under gov. arnment orders when aartlar today the South Korean mis- alon In Tokyo announced it was immediately stopping the
Stocks turned irregular today when steel wage contract negotiations Mr Kim said the South Korean
recessed indefinitely.
Earlier in the session when i Allied Chemicals
appeared as if there might be a plun for the steel makers and sea the union to get together, steel
shares had fed
the market higher.
Best prices were attained t
1 p.m. when the Dow-Jones in- dustrini average showed a gain of more than four points and 20.30 rails were up about 11⁄2 points. These averages were 33 Both
closing. before hacker dowr And the decline as well as the rise that preceded it came en
Du Pont
2.30
2.30 '2.324 ww2.425 light volume.
6000 74 2.30
2.325 £9000 1 30003
4.20 2.33 1921 22
2540.) 1500 4
+
23/1
A. Taxol: 3.10
Here is a market diary of the | G. Light werk:
Friday:
Monday:
Mines
Anglo-American
Corp of South
Tuesday:
Africa-1034 144.
Cons Goldfields of South Africa--
Taz itu.
Cons Zinc Com. Ord-63
De Beers def-155
Free Glotz Develupanent & Invest-
sen-118 10.
Hungkung iin-49 01.
UTHITES
Tram Younti
28 28.20 105
ม.10 1:00 14
17.0 17.70
500
Elezing..
21.10 27.30 BU
1000
1500
23.40
114
1503
Partial recovery in Tephone 20.30 2014 Cennis and
Hotel und
the
rest of market was steady.
$905,000.
TO:
No changes of im- portance to report. T/O: $677,006, Market
Crment
لا بود خواسته اند
Du Pont which had been up live points at Its high closed ni Allied Chemical $243 up one.
had a small loss. Aluminiums, 17.60trong favourites recently, wore 2.งา hi! by
that proft-taking 27.40 brought Aleon down 24 points. 280 General Foods lost more than a 21.43 point as did Texaco and Johns-
Manville fell a point.
Allied Ms Inc.
Allis Chalmers
Am Brake Shoe
1131
Povo National Gas
32%
42
Family Finance Corp.
3t
1
Firestone Tyre & Rübber
140
591 | Firet Nat. City Bank ....
Ta
20% Furd Motor Co of Cana
Am. Cable & Radio Corp. American Cynnamid Co
10%
Ford Motor
15
Georgia Pacife
14
General Dynamtes
4014
American Airline
Am. A Furka, Power Am.. Gas & Electric Am. Home Prod. Am. Atach. Pr American Metal Am. Natural Gas American Smelling Am. Sugar Ref. American Tel & Tel American Tob. "I" Anac.ndo Copper Armen Steel Armour
Allas Cora. Mining Rukin-1ma-Elmers, Hultmore & Ohio Bank of Montreal
Beneficial Finance Bendix Aviation Corp. tenguet Cons,
· Hethielde· Kleel
Being Airplane
Borden (The) Co. Burrouglia Add Machine British Amer. Oll Calit. Packing Corp. Cana. Bk. of Comm.
Campbell Soup Co. Canadian Pacie R.
Celanese Corp.
Westinghouse Electric 1 points. C.LT. Financial Corp.
General Fleetne
General Fooda
1012 General Motors
2012 Gen. Pub. UH,
38
441, 31
Gen Tyre & Rubber Getty OR
791
Gidden Co.
Goodmel (B.F.) Co.
917 | Goodyear Tyre
09
Imperial Qu
Ingerell-Itamd
Inland Steel Co.
Interchemical Corp.
Int'l Business Machines Int'l Harvester ............. International Nicket
Enternational Paper
Jatu
Issue of commercial certificates to Japan tradere. The measures taken by the South Korean Government follow the reported agreement in Geneva between the North Korean and Japaness · Red Cross over the rapatriation of Koreano from Japan to North Korea. Japaneer Importa from South -Korea lart year totalled
US$11 million against nese exporta totailing million.Reuter,
P.O DI EA
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTAL S.N. CO. ·
DUE ILK,
Jst Junc
21st Juno 3rd July
"PINJARBA” "CANTON" "SOUDAN"
Germinar Álveraft
7416
Gulf Ou
24;
faintnond Organ
1400
Heyden Newport Corp.
15
Honelake Mining Co.
Busmand Refrig
$19
Idaho Power
2415
$315
405
20
791
37
20
Int'l Tel. de Tek
OUTWARDS
0173
John,Manville Co.
134.
Fatser Industry
"SURAT"
4823
Komas C. Power & Light
2004
Kennecptt Copper
2241
Kimberly Chaik
107ggett Meyers Tob. Co.
37
Liston Ind.
LEAVES U.K.
Salted 12/3
Salled 19/5
Sailed V Sailed 30/0
0th July
614 Tulip
"SOMALI"
elb
Lockheed Aircraft
Loews Incorp
5455
Lone Star Cement Co.
"CORFU" “SALSETTE"
June 011
20th June
21st June
10 July
27th July
3rd Aug.
375
Lowenstein & Soni
46
00%
HOMEWARDS
LEAVES ILK.
DUE LONDON
621%
30
5 p.m. 6th July
fith
Aux
44
Bo
241
53
601
314
Montgomery Ward
404
Dominion Slures
702
Motorola Inc.
Douglo Aircraft
B1
National Discrit Co.
511.
Dow Chemicala
National Coats Rog. "A"
012
$ 354
Dupont de Nemours
242
National Dairy Prod.
Faktorn Airline
STRA
National Leat
379
Eastman: Kudak
0731
National Steel Corp.
New York Central
Notanda Mine
d
Norfolk & Wertern By.
North Amer. Aviation.
North-west Airlines Con.)
Today's volume, was 3,120,000
shares.
Of a total 1,207 issues traded, 500 were higher and 403 lower. Exchange volume American was 1,180,000 shares.
|
Chase Manhet, Bank
chryster Motors
Cluett Peabody
39.48
26.40 20.42
tional Paper gained 24
Case (J. 1.) Co. InternaCat. Tractor
and
INDUSTRJALA
600 w
31
STORES, ETC.
Dairy
16 16.30 Walman 1430 14
Lorus Chew.
17.50
CUNTONS
5.95
1034.018
50044
Nanyou.
0.20
MISCELLANEOUS Patert 20 Vibro
000
13
340
4.075
drifts | Textiles 1. 49247
through a feature- less session. T/O: $839,000.
Jew counters eased
Wednesday: A
Cons Id-231
Peisling T-5 1044
Hand-l
.Bouthern
7t
Kinta
Union Corp 03 31.
Driefontein Cellaining--
Wet
131% 0.
"West Band Comm-zon 10kl.
Belist
011
-
Hornen Petroleum. Byndis Thursilay:
celetrole: m Co, Lid -Chi-
13111kh
Burnah-in Dd.
Royal Dutch Petroleum-R 16%%
Buell Tranport, & Trading-15.
-Reuter.
Bank uncl
while INVESTMENTS Unions
were chquired at lower levels. Tai- kow uncl Lights receded T/O: $280,000.
Prices generally were inelined
to
drift fractionally
in lower
un apathelle market, T/O: $800,000,
PASSPORT TO SECURITY
LOMBARD
BANKING BABY US
BANK DEPOSTIB WITH LOMBARD BANKING cam a lendy 5% interest in pured Security, without deduction of United Kingdom Incorno tax. Aik the Manager of your lacili Branch or write to the Central Manager at Hend(Offico,for your oượy of "Bank Depoolt Account" Booo, AO.74
Open a
BANK
·· DEPOSIT ACCOUNT
with
في
LOMBARD BANKING
LIMITAD BANKERS
LOREAKER MOGÈSE, QURDIN OJUSET
· PARK LAMI, SINCE WE
Associated Bank 1 LOKHAZO BANKIU IFAR KARTI LTD
FINATION HORSE, RAFFLES AWAY SINGAPORE. Eslaphone: 30AN
a Wietsgrios Deshly put Panço Orjakadem
int. Invest. Allis R.K. & F.E.
Jovest... 12.00
Yesterday's Closing
Bonds $0,430,000.
volume amounted
Closing Prices
Ablubi Twr. & Paper Alden Ing. Acy.
Algoma Steel Corp.
to
Colgate-Palmolive Co. Colemblant Carbon Co Commercial Credit cansadsind Edison Continental Oll of Del
rene Co....... Crown Zellerbeck Diamond Alkaji
amond Gard
COMMODITY PRICES
METALS
NEW YORK
Closing prices, all in cents per
1b.:
Ball
July
Ket.
Zihe
Fully
Siga.
·Ciper
COTTON
NEW YORK
All prices in cents per lb.
McDermott J. Ray
McDonnel Aircrafl
Block Exge.) <... Merah Iron Cor Minnesota Mining
Miron Development Monsanto Cheptical
Din Mathieson
QUs Elevalu Owen-1Bpals Glas
Oxford Paper Co. Pactile Cai & Elec.
Pon American Always
Parmint Pictures
Parke, Davka Co.
Penny J. E. Co...... Penn Salt Co.
33.49; Jung 33.20; Mar: 33.10; May: Philip Morris 33; July: 33.
SINGAPORE
Pitney Bower
Procter & Gamble Co. Pittsburgh Plate Glam Publicker Industries Pura Ol
All prices in Straits cents per Radio Corpo
b. t.o.b. Malayan poris;
LONDON
- All prices in pence per lb.:
No. R spol
Seltenient house term:
2724-20
28-284 70-2013
Radio Corp.
Raytheon
loyal Bank of Canada
Sears Hoebuck ✯ Co. Shell Ou Co.
Noteway Storea
Buint lies, Faper
Schenley Inc.
Boot Peper
Sinclair Ou
Bmith, Cline & French
Socany Mobil o
Solar Aiterat... South Merlo leo Sugar Southern Co. (The) Southern-Nalienez-Cosm Southern Railway (Com.) 'Standard Brands
Standard Oil of Cal.
Nu. June
-
All prices in conts per 1b.
No. 1 July
87-9715
Republic
Spot
34.20 nom
No. 2 June
15-16-937
Reinal
Finly
34.73
No. 3 June
11:51
Oct.
KALAN
No. Junn
5856-0314 94-01
11.536
Dee.
Spot rubber unboled
0396-9576
Mor.
Blanket erepe
10:55-5731 May
No. 1 ale repe
00-101
10,556
July
Det
July
30.03b
NEW ORLEANS
Tupt.
50.000
Tin
July
102.50b
Eput
34.30
Bazil
193.50b
July
31.70
July/Bent:
Closing prices, all in sterling per long'ton, unofficial afterndon
Dec.
X2.35
tel./
Mor.
24.03
Mey
22.04
April/June
sc. tion:
Juw
23.10
Buyer Seller
Oct
30.12
July
.Tổn
LIVERPOOL
Sept
Spot
-705'5 723
All prices in pence per lb.
Estate crop thin
July
1715-20
2014-
American Construct
Zlate crane thick
July/Aug.
23.22
July
2014
11.00
Lad in batt
21.00
AMSTERDAM
June
Mar/April
2130
Sept.
May/June
21.50
Zinc et ult
Mixed Contract
Juric
HT
July/Aug.
23.25
Set.
2042 UPL
Dol/Nov.
3-north Copper sput
-meath)
SUGAR
NEW YORK
All prices in cents per ib.: Contract No.) & (world) July: 9.30; Sept! 2.80; Get: 2.88; Jess: 3,11; Mar: 3.00; Atay: 3.07: July: 3.00; Bepl; 3.10; spolu (rok. Cuba): 2.00.
Open internak? 1,242 contracts:
Contract No. 0 (fomestic)
July: 0.07: Sept: 8.88; Nov; 5.08;
Mar 4.00 Spot (p.1.1. N.V. duly): 0.65.
ak.
Oct/Nov.
Dec/Jun
May/June
SAO PAULO
An irlers unquoted.
14
Average price in U.S. at designated spot markete: 34.50 ents. Total sales: 10,429 bales. -UPJ,
RUBBER
.... 23-281 Urneral markets, cf. basis, ports:
28-2016
All prices unquoted-UPI.
FOREIGN EXCHANGE
*NEW YORK · Closing rates; Canada England omelat
واه
1.04-5/32 2.8135
Standard Out of Ind.
Standard Où of X.J.
Sleep Rock Tomato Ego Sterne. Drug Co.
Stokely VanCamp.
Stone & Webater Studebaker-Packard Corp.
Sunaline Mining
jawitt & Co
Texas Co.
Textron Inve
Thiokol ChEM,
Tido Water Aun. 013
Time Inc.
Tri-Cont. Warrants ...
Twentieth Century Fox Wil Union Carbide
Union Oil of Cal.....
Union Pacino Railway
United Aircraft
United Frušk
United Gas Corp.
US. Foi "
Us. Gypsum US, Lína C6. UB. Rubber
US, Smalling
UB. Biedron
USD) 7 P.C. Pr Warner BroR., ............ 2.31-1/16-2.41-3/10 Waukesham Molaze ka
LONDON Closing rates; New York Montreal
Anilerden
Brusela Copenhagen
4
NEW YORK
Rez rubber futures closing Stackhoun
Milan
Zurich
Opa Intare: 4079 contracts-prices, all in cents per ib.:."
July: 33.50; Repl: 33.00; Nav:
UPL
2.10-1/16-2.10-3/18 Westinghouse Air Brake
10.00-10.00 140.40-149,45 JABS||2-29.8915 1144-1458 174001-1745 22.1614–20.32{6
Westinghouse Electrio Western Union Tul. Co. West. Va. Pulp & Papre Winn-Dixie Biores Woolworth (S. W.) Zenith Hadio
"CANTON"
"PINJARIA” ·
"CORFU"
"SOMALI" *
"CARTHAGE" "SUNDA" *
6 p.m. 1814 July 19th Aug
Sp.m. 31st
July
ist Sept. 3 p.m. 180 Aug. 21st Sept.
20th Sept. p.. 28th Avg. p.m. 17th Sept. Alst Oct.
Via porn, Penang, Colombo, Bombay, Aden & Ft. Søld. 4 PINJARRA" proceeds S'pore. Aden, Pt. Bald & Antwerp. London, thence to Itambur, Rotterdam &
SOMALI" and "зUNDA" amit Colombo and Bombay and extend ip Hamburg, Rotterdam & Antwerp.
BRITISH INDIA S.N, CO., LTD.
"HAVILDAE” due 19la Jane from Japan
kaits 10th June
"BANGOLA"
dar 23rd June
for. Bingapore, Penang.
Calcutta
Ex
from Japan 5lla 24th June From S'pore, Penang.
Rangoon & Calcutta
P. & 0./B. I. JOINT SERVICE
Que talt Juno from Japan
"OBRA"
“ORDIA”
"OLINDA"
"ORNA"
Balla 1001 June for
Dombey,
Korophthal, Bahrein,
Baaralı
Kuwalt, Khorramshahr
due 21th June from Japan
saile 28th June for Singapore, Penang,
Jadyna, Cochin, om bay Karachi . due 2014 June from Karachi, Bombay,
Cochin & Bingapore for Japen
mulle 201 Jame dus 16th July
from Karachi, Bombay, Cochin, Tuticorin & Bingapore
sails 19th July for Japan
EASTERN & AUSTRALIAN 5.S, CO., LTD.
"NANKIN"
Jadde 28th June
salle “28th June for Drabane, Sydney
་
"EASTERN"
duo 2nd July
anita 4th July
Melbourne
from Avetrakto for Labuan, Sandakan. Brisbane, Bydney, Mal. boumo & Adelaida
All vessela bavé libèrly to call at any porta on or off the foulé & the route-m-guilings are kubject to change or amendment with or without notice,
For full perticulars spinly laz MACKINNON. MACKENZIE & CO. OF HONG KONG LTD. Telephone Nos: 27721-4.
бара-
US$50