NOTICE
THE BANK OF EAST ASIA
LIMITED
Notice to Shareholders
NOTICE
No.
19
HEREBY
Vooux
GIVEN that an Extraordinary General Meeting of the above Company will be held at the Registered Office of the Com
10. DeA pany, Road Central, Hong Kong at 12.00 o'clock
of the noon 14th November, 1969 (Satur- day) for the purpose of con sidering and, if thought ft, passing the following Resolu- tion:--
"That it is desirable to
capitulise a Aum of Ten
THE CHINA MAIL, FRIDAY, NOVEMBER 13, 1959.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
ALL ROUND IMPROVEMENT
Wharves Reach
New
High
For The Year
million dollars being part of The stock market on the whole showed
the undivided profits of the Company standing
to
the
credit of the Company's Re- serve Fand, and accordingly) that
of $100-per a bonus share on the 100,000 issued shares
be
Bre
Ik Bank
Lombard
Union
Wheelock IK Wharf
FAROL O
$48
** $5.40
750 $8
Yield (%)
★ The Share Market At
A
Glance ⭑
Up or
Dividend
Oct. 15
Ust. 22
Oct.
Nov. 5
Nev. 13
Down
090
1030
1030
1070
1070
steady
41b
$2A
41:5
M14
steady
90
ать
B4bxd
24
steady
6.45
4,95
8.00
6.70
-80c
121
119b
118
122
134
+$12
HK Docks
55
2014
58
思路
stendy
$5
Talkoo Doċka
1514
2544
3614
30
30
steady
$2.80
Provident
14.80
14.00
14.99
14.80
15.20
+400
$1.10
HK Hotels
313/
2
3141
22
+20c
$2.50
IIK Lands
$8
3742
3814
3714
211
+250
$2.40
UK Really
1.70
1.725
1.725
1.40
1.45xd
steady
150
EK Trams
2014
SOX
3114
J114
3034
50
$2
Star Ferry
132
131b
132b
131b
133
+#2
YRUMASIS
122x8
126
126
126
127
+32
*3
18.00
10.30
19.90
20.20
20.20
steady
$1.10
Electrics (old)
23.80
24.40
20.30
20
24.90
-10c
$1.00
Electrics (new)
22.30n
22.700
Вуств evidence stocks
were
and most maintained
in
Electric (rights)
12.80
18.10
22.70n .14.10n
23.70
23.200
-800
13,90
13.40
-50c
HK Telephone
2014
2014
31
29.006
89.00
+300
B1.70
Q. I. Cement
STU
31
37
3014
38
+$1.50
$3.25
Dalry Farm
204x8
21.88
21.20
20
20.40
+400
11.05
22b
25.00
21.00
18,70%
20.20
..
+ $1.58
$1
21.80
24.10
2414
23.80%
23.30
5-90
$2
634
6.40
8.30
BR
04
-28c
4.625
8.65%
4.78
4.623
4.701
+740
25c
12.10
19.166
IZV
12.80
I2.490
200
8.75
9.60
9.80
9.5ba
9.30
--750
650
14.80
16.90
15.60
15,10
14,306
800
a slight improvement over the week and appears to be building up to a firmer undartono.
A new
Although prices are still below their prok levels mest sections of the Company became is for their share of rises.
is hereby de. į and the same
Cements and Wharves were clared, and that the Directors the main features in price rises.
and they
hereby The former went up to $38 from authorised to satisfy such $30% Inst week while Wharves;
DT $134 high Com reached 100,000 shares of the pany credited as fully paid buyers from a closing rate of
$122 Just week. up amongst the persons who, on the 14th day of November, 1950 are registered na holders of the 100,000 issued shares of the Company, at the rate of one share for every one further
close.
Watsons from their lowest of $1836 went up to $21 and then cased off slightly. Dairy Farms showed slight Improvement over the previous week with signs of improvement
Banks
shure of the Company held by such persons as aforesaid and it satisfaction of such $1,070.
bonus as aforesaid, and the
Bhares so distributed shall be
the
a Armer undertone. The turnover was approximate- Jy $2,589,000.
Wednesday: The market showed
at ile Thursday:
continued from al
Big Turnover
treated for all purposes as an A large durnover In Chinn
nominal Light shares
of
continued during increase amount of the capital of the the week and prices ranged be- Whee- tween $19.80 to $20.20. Company, held by each such locks +150 showed signs of arm- shareholder and not as in-ing up and closed at $5.70. come; and further that such
Interest in Yaumati shares ap- shares shal As from peared to have dled down after Government's awarded 1st day of January 1960 rank being
new vehicular for dividend (but not so as
Immediately after the
new
tender service.
to entitle them to participate announcement the price rose to in any dividend declared Inj$132 but dropped to $127 at the respect of the year ending close yesterday.
31st December 1959) and in
respects
all other PASSU with the issued shares,"
Textiles dropped to $8.80 bui PARI appeared to steady at the close. The rubber section
already slow Improvement.
showed
Market Diary
AND NOTICE IS ALSO GIVEN that the Register of Friday: Shareholders will be cloned from Monday, the 2nd day of November 1959 to Saturday, the.. 14th day of November 1959, both days inclusive,
Dated Hong Kong, this 17th day of October, 1959.
By Order of the Board of Directors
easter
AL
abeller undertone during the half day. session and prices in some instances registered alight odrances.
Tum-
over was $1,243,000. Wharves and Pro- vidents were strong in a bullish market, Utilities attructed buyers. Volume of business amounted to $2,707,000.
RUBBER
MARKET REVIEW
Now York, Nov. 12. Rex rubber futures today closed 90 to 200 points higher with sales of 166 contracts.
Closing prices were firm The Afth straight day of ris- ing prices swept the market to a now four-year peak,
Ch Lighi
A. 5. Watson
Lane, Crawford
Int'l Investment Allled
HK FE Inv Textile Corp Nanyang
General Market Decline
New York,
Nov. 12. Traders took profits in some recently strong electronics issues today after another sharp ad-
The gen vance. oral market clined.
de-
Ampex ran up more than five in the electronics while the re- cent
Motorola fell favourite,
de- more than five. Textron clined Raytheon rose.
Universal Match was one
Recent bullish sentiment, based on the tight supply situa- other specials ruled strong, The market was
tion locally, gained added including Ritter and'' American generally with rates in manypetus with rumours suggesting & Ship Building.
resumption of active buying by sections showing Chins at Singapore and
Indo- slight decline.
Dealers said shipment the close the under-offerings from the East tone remained easy practically non-existent,
Turnover was up entise the local market continued although American Motor gal- proximately to offer
a betler $2.103,000,
eastern shippers.
nesta.
In U.S.
30 Industrialı
15 ti
rus c
644.28
Future commodity price index 152.24
Closing Prices
Abitibi Pwr. & Faper
Alden Inc. Acy
Algoms Steel Corp.
Allied Chemicals
Allied Mix Inc.
A CÉT-ETH
Am. Brake Shoe
American Airline
American Tob
Ansconds Copper
Armco Slee)
Armour....
Asbestos Corp.
Diamond Aticall Diamond Gard Distillers-Seagrass Douglas Aircraft Daw Chemical... Dupont de Nemours Eastern Air Line
201
104%
407
90%
237
0918988888888.4 ̧ | 16.85sgard
London Stocks Marked Up
irregularly
HONGKONG STOCK EXCHANGE
Our Own Correspondent
Business done at the Hong- Long Stock Exchange this mern- ing amounted to approximately Noon $1,300,000.
quotations and the morning's transactions:
Sharts Buyer Sellers Balra
BANKS
100, Bank
INSURANCES
Union XD
Lombard
·
SHIPPING Waterboat WRCIUSK
backs, ETC. K. What
1373 1015 30 or 1075
jas
Back ..... ca
Provident
LAND. ETC.
41.73
1000 ** 3.70 3000 $.80
400 00
700
13:4 13.30 1430
K to 1.15
IIK Lend
Thptrevi Realty All
וג
33.50 1900 ₫ 15.50
32 800
31.15 31% 2000 » 28
18.00 10.00
10% 15... RUNDER Amalg, u 3.70
Tinut
Simgala UTILITIES
Tram ***
Mar Ferry Yuma!
C. Light..
4.00
3.30
37.75
1100 60 58
€ 1.9 3000010
3.80 2009 in 3.70 2300 21.70
500 7 490
3000 M 4.90
207 4.05
.31 31 12:00 # 31%
#
134
129
BOD 31%
100 127
70 H 127
ឥត
20 20.70
100 120
100 IN
300 or 20.30 830060
2000 20.00
1000 A 200
3000 20.00
870 4120.00
Electric.... 24,00 23 2000 + 24,90
Bonu
F# 13.50
Maceo E... 11.20
108 13.50
Telephone. 29.00
30 1000 20.90
1300 20.20
INDUSTRIALS Cement....
higher today with Indus-Repe ..... 13.00
STORES. EIC,
trials continuing to lead Dairy 20.30 20:00
the way.
Eastman Kodak
131.44
El Paso Natural Gas
66,37
Family Finance Corp.
211.02
Firestone Tyre & Rubber
1356
First Nat, City Dank
83
Ford Motor
703
London, Nov. 12.
Georgia Pacific
40% Stocks
moved
General Dynamics
4536
General Electric
$ 34%
General Foods
43%
Gen. Pub. UHL
Getty ou
Cliddes Co.
Goodrich B. F.) Co.
Goodyear Tyre
127
22
Gulf O .......
11842
Hamtnond Organ
Во
Reyden Newport Corp.
18
Hiram Walker
Homestake Mining Co.
109
General Motor
38 11. Gen. Tyre & Rubber
JB
10 Grumman Atreraft
40
100%
28
NA | Hussman Refrig.
$291 | Idaho Power 50%
Imperiet 01
17
34
Kansas C. Power & Light
Liggett Myers Tob. Co
Blue chips were especially favoured along with the steels. COTTONS
Stares, textiles and bank shares
all gained coisirable ground,
were
Government bonds moved Foreign bondis SSL lower.
quiet and dollar stocks mixed.
Gold shareS were quiel but firmee where changed. Copperts 771 drifted lower, but fins
moved uoward.
28
again
500 29.00
200 20,00
月
ARA ESAR 2822
XXBER B*X 988
བྲཱཊྛཱཝཱཝཱ།
8208
Waters...
20.20
L Ctzw....
Textile
있습
8.00
1000 8.00
1000
+
2000 6 8.90 500 8.00
Nanyang
14.00 14.40 1500 is 14.40
1000 14.40
2000 kr 14.60
1000 14.10
2000 14.20
1000 5 14.10
500-21.20
1000 7 01
4.70
12.70
MISCELLANEOUS Ch. tert. 23.00 Vibro 14.40 INVESTMENTS Int
Invect.
Oils were narrowly mixed
JK & FE made a strong while rubbers showing on a price rise in the ectramodity-UPI.
Closing. Prices
Ofileoga↑ Bonds
British Transpori 3. 1978/A
Console £59.
Coriols E
Conversion Lban DIVA 1900 LOTY.
U.S. INVESTMENT QUOTATIONS
Am. Cable de Radio Corp. Americas Cyramid Co.
Am. & Forg. Power Am. &éctric
Am. Hoje Prod
of
Am. Mach. & I'dry. American Metal
the day's best gainers. Several
Am. Natural Gas
in-
American SenDELING
Am Sugar Bet
289 | Ingerso01-stabl
47
American Tol & Tel
18
Inland Steel Co.
100
; 1511 Bustbess Machines
Int'l Harvester
Motors Lower
726
International Nickel
100
331%
International Paper
15432
172%
Int'l Tel & Tel
were
General Motors be: motors lower late in the
led
Lao
Atle Cone. Mining
109
Johne-Manville Co.
Baktwin-Liina-tiani.
15
day
Kaiser Industries
Baltimore & Ohio
33%
Bank of Monstrum)
STACH
Kennerett Copper
outlet
for ed support after a decline.
Booch Life Savam
Du
Beneficial Finance
233
Kimberly
Click
Monday:
Tuesday:
Hulkiay.
the
A
KAN TONG PO,
Chlef Manager,
trongocted.
Pont with a loss of more than Bendix Aviation Corp.
| Bethletiem Steel Spot No. Iss was quoted at two points brought the chemi-Benguet Cons
cals down. Steels fell one to i Boeing Airplane 401⁄2 ceals. The markel opened
more than a point Southern Borden (The) Co.
Burroug Add Machine after the holidays
In Singapore,
market Pacific wus
F of more than
Brium Amer. Du with a substantial opened eleven cents higher and point in the rails.
heavy amount of business moved erratically with being
with alternating
30
Lily Tulip.....
本コ
Lockheed Aircraft
Loews Incorp........
Lone Star Cement Co.
51%
Lowenstein & Sons.
****
McDermott J. RAY
British Columbia Elec. Calif. Pocking_Corp. Cana, Bk at Cumm Campbell Soup Co. Canadian Pacille B. Case (3, 1) (0. Cal. Tractor
382
McDonnell Alteraft-
81
Metabt Iron Corp.
3519
38
Minnesota Mining
149
Lear
504
Manion Development
201
1959/00
2541
Monsanto Chemical Co.
309
21
Motorola Inc.
13)
ET- Stock
317
National Biscuit Co.
Eyed
Funding Logh
BİSTS, 1990/2004-
47.
1900/00~~
7.21
Celanese Corp.
National Cash Reg. "A"
0474
CIT. Financial Corp. Chrysler Motors
56
National Dairy Prod,
Am Bus 8hrs Atom Dev Mut
4.30
4.00
5.28
5.74
62
National' Steel Corp.
$3
Bullock Fund
12.99
14.23
Citet Peabody
451
New York Central
Canada Gen Fd
1422
15.NT
Colgate-Palmolive Co.
Norenda Mines Lid,
Canadian M
17.32
18.7%
Colombi Carbon Co.
50% Norfolk & Western Ry.
Canadian Int Growth
0.03
10.54
Commercial Creat
6134
North Amer. Aviation
Chemical rd
1123
12.45
Consolidated Edison
SUT
Northwest Airlines (Com.)
d.
·
Comwith Block
10 U1
10.31
Consolidated Faper
Olin Mathieson
Dividend_Sh
1.08
12
Conner Gas
2415
10
Our Flevalors
7710
Interes
Dreyfus Fund
14.40 15.75
Continental Oll of Del.
Chwen-Illinois Class
Cosmos Imperial Mills
435%
Crane CoPARAN
Oxford Paper Co.
4915
Union 23-710.
Insurance
Canton-
Electroales Inv
Eaton dei, Sock
22.99
24.35
7.53
10.63
Pacile Galà Elec..
股
Crown ZERestach
3.00 3.03
Pan American Airways
Cuban Amer, Sugar
18
Paramount Pictures
Parke Davis Co.
10.58
11.8T
436
Penny J. C. Co.
Penn, Salt Co
00%
Philip Morri
Pitney Bowes
2016
Procter & Gamble Co.
Pittsburgh Plate Glass
8312
Publicker Indurites
Pure Old
12.20
Iakit Incorne
0.43
7.25
Invert TT Boston
11.58
12.44
Kaylone Cust 32
Kaystone Canada
23.38
14.47
A Jo me
15.50
14,77
Growth
13.97 15.15
Sider St & Cl...
19,73
10.73
1045
17.03
1423
18.03
***
The following are U. 8. in- vértments Iri Aiñerican dollars. Buyers' prices include cominis. sion:
Sellars Buyers
Amliated und
MOMENT'S THOUGHT
will bring you INTEREST
and
SECURITY
SECURITY
5%
The Bank's Capital and Reserves.
SAVING-NO Charges, Brokerage, Com-
mission, Fees or Stamp Duties.
INTEREST is calculated on a Daily Basis -Le. your money is earning 5% from the day you deposit mill the day you withdraw.
ASSETS EXCEED £50,000,000 Merkki jail wohnt deduction of United Kingdont inc@em tak Write to-day to Uggioral Manager for your cooy of "halk Deposit Account" Booklet No. AQ.74
LOMBARD BANKING
Head Offer
LIMITED DANKERS
Lomaka MOVES, DEKČNÍ BYKSET
› PÁRK LANE, LONDON W11.
A Wiriigipoika Mankkii abil Finncé Organisation
shortcovering rot-taking.
The
continued afternoon extremely active with large and offerings well absorbed
continued in- buyers showing icres!.
Lower thecis were generally neglected with turnover large.
In London, the rubber market was frm with spot quoted at 39% pence.
In
Amsterdam, the market was steady today. --UPI,
Yesterday's Closing
Oils
Barber were except lower. Metals balanced on
gain moderate-sized
lesses.
Today's volume was 3,600,000 thares,
Of a total 1,197 issues traded 421 wore higher and 575 lower. American Exchange volume was 1,440,000 shares.
Bonds volume amounted $5,250,000.
Dow Jones closing averagey were;
COMMODITY. PRICES
RUBBER
NEW YORK
Rex rubbet
future closing prices, all in cents per lb.;
Nov: 40: Jaen: 48.55; March: 41.50; May: 9.88; Jufr: 38.85; Sept: 38.40; Nav: 38,
SINGAPORE Closing prices cents
No, 1 Nov.
PLT Ib
borts:
No. 1 Dee.
No. 2 Nov.
No. Nov.
No, Nov.
Blanket crepe
COTTON
NEW YORK
Closing prices all in cents per
lb.:
nom:
METALA
NEW YORK
Closing prices, all in cents per
| 1b.1.
Léad Dee: 11.50; Jan: 11.05; Zinc 32.80 Spot:
Dec: 32.17 Dec 1187: Jan: 15.871 Copper Dee: March:
2321; May: 33.45: July: 3521; Jatt: 33,05: Tin Dec 101.73; 33.04: Det: 30.08; Dee: 30.81; Mar: Jan: 101.74. 30.64.
LONDON METAL ·PRICES
Radio Corporation
Radio Corp. Pret.
Haytheon
Republie Steel
Hayolda Metat
Royal Bank of Canada
Staru, Forbuck & Co.
Bhall 01 Co.
Safeway Blores
Bain! Her Paper
Schenley inte.
Scott Paper
Singitte bi
Omith, Kilor & Fresch
Bocoly Mobil Oil
Bolat Alte
Bouth Puerto Rico Sugar Southern ca, (TM)
Southern Natural Gas Soutien Hallway (Com) Standard Brande Standam Oil at Cal. Standard Oil of Ind. Bleal
Stand Canada
Afternoon Session Closing prices, all in storing | Sleep Horic ****** Sterling Drur Co-
NEW ORLEANS Closing prices all in cents per per long ton.:
Tin
Buyers BeBeth Stokely-Van Camp.
Blond & Webster”.......
200
7981
all in Stralis fo.b. Malayan
Ilb.:
.
Spot: 31.15: Dec: 32.78; March: 33.19 May: 3344: July: 13.02: Det! 30.03: 3089; Mar: 30.82.
Apot Bimonth Copper
Spot 3-month Lead at hair Nov.
Zine 1st half Moy.
-7136
Feb.
26
1311-1312 1271-12312 121-12316 Bpot rubber unbaled 140×15 nuth.
18-120 155-137
Ks. 1 pale erepe
SAO PAULO (Closing, prices all in cruzeiro LONDON Closing prices all in pence per kilo); per lb.: No. 1. Has pot
Settlement house term
Nov. Deer Jan./arch Apri/June
General markets.
ports:
Not:
Dee.
Astate crepe
thin Nov
tuck Nov.
AMSTERDAM
30-3015
Closing prices all in guilders per kilogram, cll. Now,
No,
| No.: 5 rubber
No.
Deo: 16: starch: 14.50; May: .35.50. Average price in US, at 14 designated spot markets: 31,58 cents; Total sales: 108,401 bales
LIVERPOOL
Closing prices all in pehce per 1b.;
Amirtean Conirati :.
Dec/Jan: 21,85;
Marti/harili
May/June: End: July/Aug. 22.25;
. פפר
FORFICA ENCHANGA
LONDON Closing rates; New York
DEDIkeal
/ 21.15.
:
Minél Cantraci
Brussels
Copenhagen
horst. noin.
tockholm
3.90 nom.
De Nov: 21 30,
-UPL
Decžjah: 231 martlyApril: k270; | Zatriots Mazag? teves (MS) FRIYAGET: 2.10;
Bludebaker-Packard Corp,
Sunshine Mining
Texas Co.
Textron Inc.
15.tribke! Cham
Tide Water Ch
Time Inc......
Traders #
Bolt Tri-Cost Waluty Fox Him
Twentieth
Unis. Carbid
Unja Oil,
Cal
Union Pacino Tatiway
Uniwa Airerati
United, Fruit,
Unlis. "Ok"Corp.
Ubnih 13: Line Co. UB. Rubber UB. Amelung
Wabahdues Air BrakO worth house Electriu Meulent Union Tel Co. WPulp & Paper
Labith Bhalo
Savings 3. 1945505-29234. Savings B%, 1960/70—26$6. Saving, 1995/75 £78.
Blanks
Barclay's Bank "A" Ltd ord-05
ød cor.
Chartered Bank-108
Hongkong R
Aircraft and Motors British Motor Corp. Grd-20s
2214 115
40
I
Ford Motor Co-108 10% (correct)
Rootes Lid "A"-10# 5d.
Standard Triumph Internationa
Brewarfen
Diler Comma Bat
walising and ifateriale
Associated Portland Cement-790
10 Jahren Arbelated Ord-
Coal, 2000) & Engineering
Babcock Wilɛca Lid the As Vickers _Lid-20% 1907).
rond wha Yolaceo British American Tos. Co., L નર્મ
Imperial Tobacca
34.
Co., Ltd the
Miscationės Boardinen Marden Lid-1 11118. Brith Oxygen Ltd. Ord—19% 36. Canadian Pacific Ur $17, Damlop Rubber Contis tid. Hongkong & China Gana. Imperial estiloal-56a 63. Leons à CoMILEY Unilever Ltd 150 sd.
Bowater Paper Cup OrG–09). "Bada and Kiýekėjams Assaelated Electrica od. Electrical & Musical -20% 735 d. English Electric. Lu-809). General Electrjo-čie zdr
Uhippin"). Leo Chitte We can ho, tự đạt
Ort: 318 30.
„O Steam Navigation des ordi-
Found Mut Fd Hamil nd Institutd
Inett Growth
C-T
Nest Seg Ser Growth Tuler 21 14. Value Line
Wellington FA
NEW YORK
cotton.
COTTON MARKET
New York, Nov. 13.
onto futures, moved
Kigher ground today for the third semion in a row.
Closing just under the day's best lovela the list showed net gains of nine to 18 points. The market opened up threo : to off two points.
New Drieaba closed 10 to 18 paints hither.
Prices gained a little more "Biores "Adda | momentum on the upside r
Great Universal Marks & Spencer, Lid-idas Bid, Woolworth I. W. B 7154
Coat Courtaulde
Pitdude 1164. LiG-0
Abdo-American Carp ot
fecting persistent covering by Costrado interests and commlimion
Bautis Con Goldness of South Africa Con the Corps, h From Biale: Developlus: & idvent-
HOMEPY. Kuna Cana Lad-du ki, Viken
Goldmin
West Rand Cognath find. :Dhlari. İsgenau. "Petroleum, Myndi
house, Pert of it evening up before set toties day for. Dè- porber Nor
Trading volume and byen ju terest- were:-
Month
Des
Volume Open interest
10,200 329.8
10.100 100.00
Exchange Rates
He was done is the koal
this