Page Z
THE CHINA MAIL THURSDAY, DECEMBER 24, 1959.
ELECTRONICS ACTIVE ON NY MARKET New York
New York, Dec. 23.
General Time scored $10,75 a share in an irregular, moderate-
ly active stock market today.
The issue gained $8 yester
day and at its high of $110 was up $75 a share from the year's low.
Talk of higher earnings for electronics Garral Time, company, provided fuel for the Other electronics Mine spurt.
willx Wire Arrear
change ranging from a gain of $28 share in Texas Instruments le a formarly $2 in Emerson Elcetrie The
It was highly irregular at closing time after tmpt arlier in dev. Behan Kerlak last Tore than $2 while Du Pont Gulf Oil stained foore than $ It $1.25 white Amerado res 013
Schering last more rts. than 53
gained while Merck te Man a dollar in the drugs. with Mole turned easier
พ
Ford and Chrysler each off $1.
OFFICIAL NOTICE
Proposal To Change A Ship's Name
IV.
www
AND
WILLIAMSON COMPANY LIMITED of P. & D. Building, 5th Goor, Hong hong hereby give notice that in consequence of purchase of the andernoted vessel. we have applied to the Minister of Transport and Civil Aviation under Section
47 of the Merchant Shipping Act, 181, in respect of the motor launch DAYSPRING TE of 11ONG KONG REGIS TRY Oficiul Number 191461 Стоки tonnage 12.24 Lo Register tunnage 5.51 tons, heretofore owned by Missions to Seamen Trust Corporation Ltd., 4 Bucking ham Palace Gardens, London, SW. 1. for permission to change her magne
The
to MOLLY i and to have her registered
in the new name it the Port,
of HONG KONG as owned by Williamson and Company Limited.
Any objection to the pro- posed change of name must. be sent to the
OF
Steels fell back, Tyres were irregular. North American Aviation ren up $2 on a biz Air Force contract. Some of coppers and aluminiums moved higher.
the
Special issues ranged from a rise of $5 in Signode Steel Strapping to a loss of $8 In Minnesota Mining.
Today's volume was 2,890,000 hures
Of a total 1,246 issues traded, 428 were higher and 80 lower. American Exchange volume was 1,520,000 shatre.
Bonds volume amounted $4,260,000,
Family Finance Corp. Firestone Tyre & Ruler First Nat. City Bank Ford Motor General Dynamica
Georgia Pacific
General Electric
Foods
Gatal Motork
G. Pub. Util.
Talo Power Importal O
Daw-Jones closing average Imperial Tobacco
WOTY
30 indietrials
20 taile
15 t
Inger-Rand
Talond Steel, Co,
658,36 | Interchemical Corn.
154 03
Int'l Business Machines
84.00 lat Harvester
504
Cotton Market
New York, Det: 23.
London U.S. Steel Shipments
Higher Expected To Improve
Closes
London, Dec. 23. Stocks closed Irregularly higher today with Indus- trial issyca again moving ahend to new records.
Reacting to news that trusts will soon be allowed to
120 Colton Futures today de-In
veloped more activity and a steadier undertone as traders evened-up before the weekend Christmas holldays.
ast
401 MA
Closing near the day's best levels the list ruled unchanged to up five points. The market
to up opened unchanged
New Orleans closed 3 points. lower lo 15 points higher.
Optimistic accounts from the drygoods trade again pointed up rentiered trade demand for
the old crop inonths.
Commission house brokers and 4trade interesis were buyers on balance in the new crop months. WOR this business Part presumed to be against year-
New York, Dec. 23.
Finished steel shipments are expected to attain a post-strike peak late this month or carly in January. While the Christmas holidays may cause some declines in mill operations, the movement of finished steel is fast approaching a more normal ratio to record raw steel output.
Last
tons
Although car makers are still short of steel and worrying about future supplies the indus- arst quarter 1980 production of
steci week's
output Americah Can Company said it Year end infiences compounded divest reached a new all-time high of would guarantee the new levels by the unsettled steel contract common shares, equities 2,782,000 toits, equalling 964 throughout 1980 provided the dispute kept mill buyers cau
front per cent of capacity. This week's price of steel used in can matting licus. In export a sharp reduc- firmed along a broad
tion was reported in Japanese although government bonds left output is scheduled at 2,729,000 did not increase,
demand for the January/March losses of up to 4.
period of 1960-ta some 58 car- Among the Industrials, steels
goes from 89 cargoes. belter along were generally with engineering shares, newa- papers, textiles, krewteles and
units on to barges, stores. Blue chips showed up well including 1C1, Bovril, trucks and lorries. Girxe and British Oxygen. sumers claim they are prazi- Bank and insurance sharps colly "living out of freight cars." were very firm while property and hire purchase finance issues did better.
In a rule! foreign bond murket. Greeks fell back on profit-taking. Dollar stocks moved lower,
further
The gold market moved eṛra- tically and closed mixed Cop- pers entled after a dull start.
Olls were narrowly mixed.! Rubbers were firm.—UPI.
43
จาก
105
Gra, Tyre & Rubber GMLY OB
18
Gliden Co.
Gdrich (B. F.) Co
Grauman Alterati Goodyear Tyre Gutt Ol
143
106
Hammond Organ
Idees Newport Corp.
591 18
Hiram Walker
to Homesake Mining Co.
422
|Hoseman Rettig.
30%
#
12
83)
420
115
134
31
Jolin-Mavile Co.
end lux considerations,
Kaiser Toustries
16
Kanber C Power &
Light
in
Kennecoll Copper
BELL
Kimberly Clark
70
30
Liggelt & divery Tib. Un,
Ci
55
110
Lekheed Aircraft
111
The Liverpool market today closed 10 higher to 10 English to 558 points jawer from 448
under New American points
British
Consola 21-204 Compuls 4-£76 Conversion
Luni
£6471.
Funding Lon
37
Loes's Incorp.
York futures,
04-11/14/
23
Lone Star Cement
201
Am Brake Shoe
4021
American Airline
Alertean Cable & Audio Corp
12
322
American Cyanand Co
SU
Minnesota Mining
Maht in Corn.
30
47
Maden Development
1305
Mianto Chemies Co.
Mustgomery Ward
Motorola Inc.
24%
6716 National Biscuit Co
55
National Cash Reg. "A"
National Dairy Prod
4
National Lead ......
Comer. future price index
40 hund*
!
·
Closing Pricas
Abiti! Par & Paper
Allen Ing. Any. Algoma Steel Cup, Allied Chemicals
Allied Mille toe. Allis Chamers
Amer. Turga. Power Am. GM & Elcelne
Home Prod
A
a. Mach é Pary
Anican Melaj
An. Netural Cas
American Smelting
Am. Sugar 101.
Ameri Tet Tel
Ametiran Tuta.
.....
anneonta tupper Arme Strel
Amicur Aetas Cur Atlus Cani. Mindaug tallwin -Elasti. Ballinle & Clu Bank of Montreal
Beech Life Savers Bell Telephone
Beneficial Finance
Bendix Aviation Corp. Benguet Cous
Bethlehem Steel
Boeing Airplane Borden (The) Co.
Burroughs Add Mnetine british Columbia Flee.
British Columbia Pwt.
calf Parklag Corp.
Cana
L'in,
Campbell Soup Ca
t'cadian Pacific N Case (3. 11 Co. Cat. Tractor
Celanese Corp.
T. Financial Corp.
Chase Monkat. Bank REGISTRAR Chrysler Iators
ts. SHIPPING
KONG KONG within SEVEN days from the appearance of this advertisement.
Dated at HONG KONG the 22nd day of December 1969.
WILLIAMSON AND
COMPANY LTD.
G. Þ. S. AGNEW,
Secretary.
Clate-
Chet Pentionive Co. Colombian Carbon Co.
Commercial Credit Consolidated Edison Contitetul Oil of Del. Crane Co.
Crown Zellerbachi Cuban Amer. Sugar Diamond Alli Diamond Gard Distillers-Seagrams Cuminton Stores Douglas Alterati Dow Chemical
Dupont de Nemours
Zarlem Air Line
En Kodak
El Paso Natural Gas
TAKE AN ACTIVE INTEREST
5%
SECURITY The Bank's Capital and
✔SAVING
Reserves.
SAVING NO Charges, Brokerage, Com- mission, Fees or Stamp Duties. SAFETY-No Capital Depreciation-Your funds remain at your disposal.
✔INTEREST is calculated on a Daily Basis
i.e, your money is earning 5% from the day you deposit until the day you withdraw.
VIELD The 5% per annum interest is
paid half-yearly.
· Interest paid without deduction of United Kingdom incorus Jax,
Write today to the General Manager for your copy of "Bank Deposit Account" booklet No. AO.74
LOMBARD BANKING
LIMITED BANKBRA.
LOMBARD HOUSE, CURZON ÜTREKY -
PARK LAME, EDRICH 39.1
LENNARO BALLBYTEKE JANE KRA
217,31 ¦ internistionof Nickel DO RT International Paper 148,75
Int'l Tel & Tel”
491% Lowenstein & Sona
243; | McDermott 2. Kay
Mellunnell Alteraft
70
National Steel Corp.
107% New York Central
Noranda finer Ltd.
75% Norfolk & Wester By 30%, North Amer. Avlattımı
20
Northwest Airlines (m.)
10 On Mathieson
Oils Elevators
Owen-linols Clu
Oxford Paper Co.
Pacific Ga & Bee
Paramount Pictures
Phillp More
37.a
39
502
15
42
Pan American Altmayı
234
Parke Davis Co.
12
Penny 3. C.
Ca.
54
Penn Salt Co.
30%
86
357
30
475
53
Radio Corporation
54
2513
312
Pitney Bowes
Procter & Gamble Co. Pittburgh Flate Glas
Publicker industries
Radio Corp. Pref.
Kaytheon
Republic Steel
Reynolds acts!
Royal Bank of Canada
Scart, Noebuck & Co.
Oil Co
Safeway Stores
27
IZA
43b
BYT:
1312
Stint Reg. Paper
Schenley Inc
41% Secti Paper
584
Solar
South
1542
334
3274
Sinclair
Smith, line & French
Rico Sugar
Southern Co. (The) Suthern Naturs! Cas Southern Railway (Com)
5874 Standard Brands
Oll of Cai Standard Oil of Ind. 504 Standard Olof N.J Steel Co. of Canada Steep Rock
Textron ke Thinkol Chern.
Tide Water Ol
25 Sterling Drug Co.
Stokely-Van Comp.
22
1057;
302
Stone & Webster
20%
Studebaker-Packard Corp.
22%
Sunshine MORE
Swift & Co.
45%
Texas Cu
821
231
2312
ime Inc
ders Finance
3716
T-Cont. Warrant
Twentieth Century Fox Film
Union Carbide
1453%
Union Oil of Cal
401
Union Partie Rathway
201
Halted Aircraft
thrited Frant
32!
United Gun Corp.
US. F "D"
US. Gyp
TS. Line Ca,
US. Tubber
US. Smeltingg
VS. Sterl
US. Steel T P.C. 17
Warner Bros... Waukesha Motors
Westinghouse Air Brake Weetinghouse Electric Western Union TB, Ca. West Va. Puto & Taper Winn-Dixie Stores Woolworth (C. W Zenith Radio
NY Grain Market Improves
Chicago, Dec. 23. The grain futures market
burst out of a NзITOW trading range in early afternoon Wednesday and scored substantial gains on nearly all contracts.
Row collon exports for the season thus far, as reported by the New York Cotton Exchange total 1,029,860 bales 1,128,000 bales reported to the same time last season.-UPI.
Rubber
Market
Review
Closing Prices
Gliledged Bonds
Transport 77, 1979/89-
31st 1909- EX. 1950/00
Funding Stock 315000/2004-
Funding Loan
93
1D03/20
Bavings 3, 1933/05—2011). Savings 3 150/70 £82.
Savings 37, 1985/75-È TOTH-
Banks
Barclay's B "A" Ltd old- 66x 20
Chartered Bank-568 Dal. Hongkong-£0.
Insurance
Union Insurance Cantra--25-0716.
Aircraftsand Motors
Briti Motor Corp. Ord-221 Fard Tutor Co-R Ed.
Hawker Siddeley Group Ord-284
4!46.
Hooles Lia "A"-10s Flyd, Standard Triumph International
11 12
Breweries
Distiller Com371 4114.
hiding and Materials Associated Portland Cement-74
Pinchin Johnson Aamclater Ord-
1.
Coal, Steel and Engineering Babcock & Wilcox Lid-458. Vickers Li6-331.
Food and Tobacco British American Tub, Co., Ltd-- BOK.
Imperial Tobacco Co., Ltd-101. buiscelicnesu
Singapore, Dec. 28. The market after opening at slightly lower than last night's prices eased in this morning's trading. Thereafter it ruled in-d active with only a limited interest in lower sheet.
In the afternoon the market was very quiet throughout with
a steady undertone.
The market closed with turr over light.
Boardman Marden Liúmes 434. British Отуден L.id. Ord-824
Canadian Pacide Rly-44514. Dunlop Rubber Co−21x 44. Hongkong & China Gas-34. Imperial Chemical 80 3d, Luôn k từ T.
Unilever Lid-130 d.
Paper. Bowater Paper Corp Ord- Dd.
Radio and Electrical Ezetrical & Musical ĐẠI, English Electric Co 49% 64. General Electric-438.
Shipping Indo-China Steam Nav. Co. de! ord is d
P&O Steam Navigation def ord 1047 7%d.
In New York, the rex rubber futures today closed 10 10 30 points higher with rales of contracts.
ה
Prices hrid steady In typical pre-hollday market. Small trade buying and Jocal covering found sellers hesitant in face of a continuing factory Interest in the local spot market and the continued scarcity of shipment offerings from the cast.
Current month No. i Rss was quoted at 42% cenis.
In London, the rubber mar- ket was quietly stoody with spot quoted at 35% pance,
in Amsterdam, the rubber market was dull today...UPI.
Yesterday's Closing
Stores
Great Universal Stores "A"-50% $150.
Marks & Spencer Lid-14s 30. Woolworth F. W. & Co-G7# 3d.
Textiles Courtaulds Lic-Con (Í.
Mines Cons Goldfelda of South
- 4.
Cona Zine
De Beers dri-1563
The transport problem so far has not been serious and various mills are now loading finished steel right from Anul processin
twilway Some con-
in
The Inference is that mill stocks of semi-finished steel will not be built up significantly anticipation af possible resump- tion of the steel strike.
- DEPLETED STOCK
In addition, neither coll- sumers
will nor distributors make any particular progress in improving strike-depleted In- venthries; At the some Umg, one træde quarter said that cars are against a serious work stop- in steel f There is no page contract settlement prior to January 20, the expiry date of The GD-day Injunction. It pre- leted that strong public pres-
CITY LIGHTS
"Why, thanks, Harryt don't usually accept offts from business associales
However
Lund: hapin Sepsion
sure would long strike.
prevent another
Demand for Bat rolled stocks Is so great that leading mills are their PTC- reportedly altering ducts plans, diverting ingots from production of less urgently needed material to the sheet Some consumers of sheet mills. are still showing interest 好 "seconds" and "rojects" if the defects are not sufficiently seri- ous to jeopardise the quality of their own products.
TINPLATE
Some producers Dy they could sell from 150 to 200 per Africa cent of implate capacity on the basis of orders proffered Ord- 30.
throughout the first half of and 1900. Structural shapes wire products arc la near cupacity demand. It is fairly well established that most can- making plants are cutting up inplate as it is received. Lead-
Hongkon471-75 4754
Tin-ds 41d.
Rand-lute 3d.
Southern Kinta Cons Ltd-306 Bd. Stiflet Goldmining-305, Union Core-89 1998.
Deltish cate-50%
Pd.
الله
Boraco Petroleum Syndi
British Petroleum Co., Ltd-5zing can companies have settled
Burmah-400.
Shell Transport & Trading-1436
d-Reater.
their contrafla with the Steel Union and can prices will rise "slightly" or January 15.
COMMODITY PRICES
SUGAR
NEW YORK
10:
Closing prices all in cents per b.:
Contract No. 4 (World) Jan: 2.90: Mar: 300; May: July: 3.14 Best: 9.12 Oct: 3.79: Jan: 325; Mar: 3.20: Spot-12.0.b. Cuba): 2.07; Total Sales: 47 con- tracte: Open interest: 82P2 euntracts. Contract No. 5 (dumestio) Jan: 54: Mar: 657: May: 0.70: July: 5.74: Spot-16.1.f, NY. ex thily) 3.15 Total Sales: 91 contracts: Open Interest: 1.487 contracts UPS
• Soybeans led the nins with the March delivery up to two lb. cents a bushel but all the grains were ahead by a cent or mort ariel finished or nour highs for the day,
METALS
NEW YORK Closing prices, all in cents per
Lead
Dec.
zinc
Jan.
Dec
Jan.
The support was credited to
Copper
Dec.
a variety of factors,
Jay.
11.00
14.31
11.01
1145
34.2
Zing 2nd half
Dec.
Mar.
No. 1 Jan.
15
Feb.
101
No. 2 Jan.
-UPİ
No. 3
No. 4
COTTON
NEW YORK Closing prices all in cents per- 1b.:
Boot: 33.15
Mar: 33.73; May; as a De: 3117: Dec: 31.12; Mar: 21.49: May: 31.52.
NEW ORLEANS Closing prices all in cents per 15:
Spot: 31.15; Mur: 33-15; May:-31,32: July!
May: 3137,
Mar13; Oct: 31: Dec: 31.10: BAO FAULU
All unquated.
(Cloding prices all in cruzeiro per kilo),
Average price in: US at 14 de- signated spot markets: 31.88 cente.
Topki malas: 94,000 Kladno,~~~XXI.
RUBBER
NEW YORK
Rex rublier futures closing prices, all in cents per lb.:
Jari
Spot rubber unbaled
Blanket crepe
No. 1 pale crepe ...
LONDON
The
11715-118
2104 118
115-110 1773-11845 115-11712
134-130
Closing prices all in pence
per Jb.:
No. 1 s upot
Settlement house term:
Jan Feb. Jan./Morch April/June July/Smpt. Oct/Dec
Jan. 700
35-3514
34-35
3142-3 31-311
General markets, c.5.t. Luala, portas
33-3416
43
Estale crepe thin Jan. Luck In. AMSTERDAM Closing prices all in giflders per kilogram, cir. Jan.
No. 1 rubber No. 1 rubber No. 3 rubber Ho. 1 crope
122 buyers
331 buyers
3.30 buyer
2.00 buyera
-UFI.
ry has set its sights on record
more than 2,200,000 car
}
SCRAP METAL
In scrap, prices in the past werk were fairly stable though untested through lack of impor ! tant mill buying in most areas, Some railway lists brough broker prices below a
Estimates are being heard of what anual United States steel Ingot capaelty
will be of
| January 1. At the start of 1950, it was 147,033,070 net tong, Some unofciat forecasts are that
an increase of 5,000,000 tons will be shown. In any
event, the expected record de mand for steel in 1900 should month and adequate basic stocimaking ago but there were no signs of enpreity avaliable.-China Mill a sharp decline the eng. 'Special.
All
over the world
B•O•A•C
wishes you a
Merry
Christmas
and a
Happy
New Year
FOREIG'S EXCHANGE
LONDON
Closing tates; -
Montresi
Bruneis Copenha Frankfur
Elabdia
BINGAPORE 24011 Cloning prices all is Strafts | aglah!
Lob. Melayan cents pep ib. BB Bord
2.109440.2916
2.6517/10-2200 11/16
BRITISH OVERSEAS AIRWAYS CORPORATION
LONDON Closing prices, all in sterling three Per lang ton.
Buyers Sellers
Wheat purchases by Paldston, Turkey and Spain" overnight amounted to more than
the mullion bushels,
largest T volume of export business in Spot
Janon more than two weeks. A new Copper trade agreement with Turkey
Spot includes the purchase of about 11 jallion kiikala of
Used and halt" whöltke.
month
230
200
Jinkcha May
July
Rept.
Nov.
J
41.30
40.40
Nasa, York
39.10
38.36
37.50
37,10
56,70
19.0
7301-13.07
12.0f{6-23.0743
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