THE CHINA MAIC,
FRIDAY, MARCH 18, 1960.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
MARKET BOOM CONTINUES
*
Telephone Co.'s The offer to shareholders
The market continued active and fully
maintained its firm
undertone
throughout the week. Prices remained steady and where changes occurred they were only fractional.
investment buying
featured sion including extensions st Business service in the New Territories.
a little over $22
the week's market. am upted 10 retion.
Large parcels of Ights and Electries changed hands at im- The former prices, praved improving by $1.10 while Elec- tries put on 0 cents..
Taumatis and Wharves Unued strong with buyers unea- tised denile veralsten proft- taking. Yauumalis closed at $174 $33 better on the week.
ground Wharves see-sawed $17 to $177 and closed at the latter price.
Hongkong
Docks
In order to meet this extra cost, the directors propose to pyl to the meeting an offer to of 1.000.000 fiareholders shares
Bome time at SIG during the last quarter of this year. The offer will be made In the properllop of one new shares share for every four held.
It is intended that these shares will ask for dividends the of In respeel declared Inancial year ending Decrgi- ber 31, 1861. Some shareholders feel that the extra $5 premium on the
shares is offered
is unrealistie
dropped
from $100 to $93 but suddenly sprated to $97 at the close.
Cements reached as high $15 but appeared to be slipping at the final bell.
Telephones which have been rishing steadily in the past free appeared to ease months
slightly.
It is
underylood thai Telephone Company
the
when compared to the dividend new bald by the company. They feel that with the extra million shares future dividends will be even smaller.
Market diary
at their Frides: antial meeting on March 28 will announce plans for expan-
NOTICE
THE VIBRO PILING
CO., LTD.
NOTICE IS
HEREBY
GIVEN that the 25th Ordinary
Yearly Mecting of the share- Monday:
holders will be held at the
Registered Office of the Com-
pany, 2nd floor, Alexandra
House, on Wednesday, 23rd March, nt 12.30 p.m. for the purpose of receiving a Report and Statement of Accounts
the fur
year ended 31st
December, 1969, and to elect Tuesday:
Directors and appoint Audi- Lurs.
The Shure Register und Transfer Books will be closed from 16th March to 23rd both days March, 1860, Inclusive.
By Order of the Board,
J. F. da SILVÁ,
Secretary.
Hongkong, 14th Mar., 1960,
NOTICE TO CONSIGNEES
The market CD13- Hued active during the day resulting
chielly on
НК Папк Lombard Union Wheelock HK Whart
HK Docks
Talkoo Pocks Provident
HK Hotels
HK Lands
market
at
Up or Down
20+
glance *
Dividend
& Bonu
$48.
$2
Yield (%) 3.8
London stocks rise again
London, Mar. 17.
Markets extended their rally into the fourth suc- cessive day when investment demand pushed
prices up in industrials.
Governmem bonds shured the rise.
turn
Barclay's Ran. Lid -4.
Chartered Banks 9xt. Hongkong-EPOKS
Lloyd's Bant A-045 del.
Inmotanco Union Insuranes C
AzTerzić ang
Business was heavily helped by Wall Street's belier and the good outlook: at home. Dealers said buying was under way for the new starting on Monday-the before the budget, so buysred. were not being deterred on This
account
Jast
share
Feb. 18
Feb. 25
Mar. 3
Mar, 10
Mar. 17
1310
1310xd
1280xd
1280
1270
$20
ម
400m
45b
4945
++$2.25
4.5.
0432
102
102
1008
200%
steady
63.40
3.5
6.90
0.90
7.20
14
7.40
+150
*io
3.6
171b
1486
177
+$0
58
4,2
70
7336
8646
07
+$2.50
$10
10.5
4316
#3
4514
B2
54
$2,80
5.3
jo
19.30
10.40
10.70
18.60x
-90c
$1.10
5.4
score.
3634
3014
37
30xd
306x
184
54
00xd
801xall +500
steady
$2.50
0.0
Today's
$2.40
4.8
upsurge halfway and some issues" went
paused
1K Realty
1.70
1.075
1.70
1.375
1.776
steady
150
D.G
below the best by
po bell,
IK Troms
3314
33%
34
3414
33xd
500
$2.05
5.8
but gains were spread
Blar Ferry
151b
144x8
147xd
145b
155
$10
$9
5.8
the board.
Yaumalle
135
140
153
talb
174
+$23
$8.50
4.3
Engineering and
electricala
20.00
2014
21.80
21.60.
22.70
+$1.00
$1.10
27
201
26.70
27.10xd
27.00
+500
$1.00
0.8
3544
383%
384
3714
-750
31.75
4.6
45%
444x4
Hxd
4514
+$1.50
$4
8.4
44.80 23.70x8
2434
24.90
2014
28.90
+49c
$1.55.
6.9
24.10xd
2612
· 26.70
26.30
-400
31.30
5.8
314
31
34
3334
32b
----$1.75
$2
.0.4
Int'l Investment Alied
14
7.40
8.05b
8.40
8.25
-140
650
7.0
Ann
6.60
6.40
M
6.70
0.90
+200
256
3.5
15"
15.20
15.70
16.40
16.20
200
00c
5.5
Textile Corp Nanyang
10.30
9.90
8.05
10.80
9.00
---500
Ü
14.20
15.00
18.70
15b
G00
70c
4.8
Ch Light Electrics
HK Telephone
G. 1. Cement
Dairy Farm
A. S. Watson
Lane. Crawford
HK FE Inv
HONGKONG
STOCK EXCHANGE
Our Own Correspondent
15.00
Profit-taking sets in
on Wall
Street
New York, Mar. 17.
The four-day advance in stocks was halted today
as profit-taking hit the recent favourites, Trading continued light.
Calli. Puching Cry
Cana. Bk. of Comm. Campbed! Soup Co. Canton Pacis k.
Business done at the Hong-
Stock kong
Exchange this Halls, steels, chemicals morning amounted to approxt-electronics set the downward mately $1,740.000. Noon quota-pace, but there was a handful tious and the morning's trans of good gains ranging to 45 Case (3) Co.
much as nine points in AmeriCal. Trvelor
Celts Cump actions:
can shipbuilding.
CIT. Financial Corp. Brokers noted that the four- Chase Manhat. Banke day advance had carried the Chrysler Motore ... market into
an area of anti-Cut Peabody....
Colombian Carbon Co. elpated resistance that Jeft Commercial Credit
Consolidatext Ectison many issues valuable to pome
Consolidated Paper near-term profit-taking.
Connor Gas va
Share BANKS
In large turnover. Interest centred
1K Bank HK. | INSURANCES Docks. Wharves, Union Yaumatis. Tele- unbard phones and Dairies
ut improved
Volume of business
Was
SHIPPING
Salen Buyer Heilers"
1260 1270 19 1270
90 11
10
rates.
Wheeluck DOLKS, ETC. Dock
7.30
740 000 77.39
****
200 90
100 200
Provident
XD
16.00
Talkoo Dock
63 34
LAND ETC. BK Hotel
XD
30 30%
approximately
54,911,000.
in
The market Was very active during resulting the day
satisfactory turnover, The Dock and companica Hotels
the "LTC centre of interest. The market closed! firm with turnover
at $4,370,000.
Conditions an
market
RK Land
X All....
Humphreys
XD Healty
the continued
KUBBER slendy with prices showing a tendency Amalg to Improve. Demand; for utilities persist-
ed throughout the day and contributed largely to the turn- over of $5,520,000, Wednesday: The market con- tinued active during the half day session with the two electric companies absorbit the major share of business
103 & 20
2100 m 3EY 20053 1000 831 600 03:
40% 50% 700 V DIE
200 5015
2140 21.70 1.75 1.70 10000 1.73 30000 * 1,75 10000 1.75
1000
1.75
7.40
Or a total 1,183 issues traded, 103 wens higher and 550 lower, Closing prices
Abitibi pwr. & Paper
Alden Inc. Asy.
Alguma Steel Corp. Altea Chemicals
Allied Mills Inc.
•Co......
Cubon Arnet. Sugar Diamond Alkali Diamond Gled
$30 Dustlers-Seagro
כם.
Dominion Stores Douglas Alregaft Dow Chemies... Dupont de Nemours Eric Kodak Air Lin
201%
01
Lily Tulip Lilton Ind. Luckheed Aircraft Mannion Development Konanta Chemical Co. Montgomery Ward' Motorola Inc.. National Biscuit Co. National Cash Res, "
National Dairy Prod. National Lead
National Steel Corp. New York Central
Noranda Mines Ltd, Norfolk & Western Ry. North Amer. Aviation Northwes Airlines Olin Mathicao..... Oils Elevatora Owen-linols Olams
Raytheon
Republic Steel
Solat Neg, l'aper
Bchettley Inc.
224th Scott Paper
2015 | Sinclair 011 1024
ACTORS
101 the field, while breweries, Lobacees, chemicals and bulld
ing Improved.
Dollar stocks edged upward, Government bonds went high.
Foreign bonds by frnctions. were qulet with Greek issues
Oils ensed after opening bet- ter.
Gel: drifted but stareta fo the close. Tins
but coppers |
recover next
kept going ahead
I turned dull.
Good company news put rub- bers up and teas held steady.
UPI.
Closing Prices
Blizedzed Bonds
British Transport 3. 1978/88
50%
043
0026
Consols
Consula vie,
10/
Conversion Loan
44
4322
Funding Loan 3%
01-6/10
159%
52
2001.
50
47
Funding Lona £21-11/10
2014
4010
59
Bellish Motor Corp. Ord-2104. For Afotor Dolls del Hawker Siddploy" "degup Orumāļā Holls noven Ltd Ord-409 41url. · Robles Lid 14. Standard Triumpuli yternational- lla d
Dinters Com Mel South African Brewerien-703,
Building Staterials
„Akwclntext & "End"
Cement-73
'Unoutlass Wall & Lead Only ĐIỆN
Coal. Atsel and Engineering
Babcock & Wilcox Lid-42 42.
Ualled Steel-e G,
Vickers - R
Food and Tobacro
British Americas Tob. Co., Ltd--
Co., Llo
Imperial Tobacco
€77 Sci. Cd:
MireiantouS Boardman Marden Lid—m Bd.
Brilia Oxygen Lu!. Canadian Pachte Bl
In He Co. Ltd. On ou Dunlop Rubber Co24" *7344. Hongkong China Goats. imperial Chemical-pi# 10d. 1pons & Con738. Unilever Lid-1309 04.
Paper
Bowater Paper Corp Ord-70s 9d.
Itadip and ectrical
Associated Electrical 604 Electrical & Munteni-5de 450,
Borluti Ecco o
anh
General Electric-
ChIPPINE
Indo-China Stensn Nov. Co. dof ord=971.
PD Steam Navigation der prd-
42 30.
1905-
195/06
Grrat
3
Funding Stock 打车架,1000/2004~
1%.
1000/90-
Saving 3, 1956/45-90. Saving a 1900/70-TO-13/10. Savings E. 1963/75-873-13/10.
US INVESTMENT QUOTATIONS
The following are US. Invest- dollars, in American ments Buyers prices Include commis-
Storek
Univernal Stores "A"-49
Marks & Spencer Luia 105. Woolworth #. W. &
Textiles
Dm-Gs G.
Cool IP Lu-3h 120. Courtalikda Lid 016 Tige
Minga Cane Goldholds of South Afrtea- Corn, Zine Corp, ON 301 0. De Icers det-270x 3d,
19% GE
Rand-87 Bl Southern
Gd.
Union Ch 9.
West Defefe
1768 34.
w
Cons Ltd!-283.
Gotbrining--
British Borneo Petroleum Synd)- Britikamah Petroleum-20
Co., Ltd-19
12.21 13.33
13.00 12.02
17.18
9.04 2.03
11.30 14.30 15.03
2.51 3.00
Transport & Trping-1459
-Reuter.
a winner every time
40%
24
134
30
Oxford Paper Co.
29
21:
Pacific Gas & Elec. Pan American Airway
Paramount Pictures
6316
43
Penny J. C. Cu.
11イキン
5316
J
47
Per Salt Co...... Pittsburgh Plate Glass
KEP
British
0122
50%
Publicker Industrice
10
031%
Pure On........
372
J2 zion:
Petroleum "Buryatı—158 AL Shell
Tudio Corporation
BOLL
Sellers, Buyers 1.
Radio Corp. Pref.
72
405%
403
Aliated Fund
7.04
501
G+ta
Am Bus Shra
4.02 4.30
14% | Reynolda Metal 2014
Atom Dev Mut
0.01 5.47
ithoem Mfg.
2214
Axe Houghton ...
0.13 8.06
30
Sears, Roebuck & Co.
Bullock Fund
2h |shch OIL 'CH
24
Canada Gen Fund..
463% Safeway Stores
Canadian Fund
15.03
44
Canadian Int' Growli
201
Chemical Fund
10.45
THE
Comwill Stack
4102
vidend Shra
Dreyfus Fund
12.40
14.05
38 Eaton & How Stock
22.77 24.34
+212
Electronics Inv
7.37
11.03
4030
Found Mut Fund
18.01
10.08
4431
Hamil Fd 2-7
4.80
5,32
Steel Co. of Canado Studebaker-Packard Corp.
Is Found
10.20
11.22
10.37
11.20
Instit Income
6.30
4.94
40
Invest Tr Boston
10.07
11.00
1011
7336
Keystone Bus D2
21.72
23.00
45%
2314
Textron Inc.
214 Keystone Canada
12.44 13.45
Thloka: Chem.
432
Mans In Tr
13.52
13.50
031%
Tide Water Ol
201
Mass Growth
13,35
14.43
Getty
Gull o
10 Grumman Alterati
Goodyear Tyre...
Goodrien B. F. Co.
ime loc.
63
Nat Seo Ser Growth
B.QJ
74
Twentieth Century Fox Film
34
Brudder St & CI
17.07
Union Carbide ....
152 Telo i Fund
Tinion Oll of Cul
24
344 Value Line Fund
Heyton Newport Com.
101
Union Pacific Rallway
20
239%
Hiram Walleer ....
38
U.B. Steel
Homestake Mining Co.
Idaho Power
Imperial Oil...
243
Imperial Tobacco
TE
4735
Inland Steel Co.
Allis Chalmet
336
Am Brake Shoe"
47
American Airline
American Cable & BadIO COTD
American Cyanamia Co.
DI
Am. dos & Beletrie
Amor, & Torgn. Power
DV
00
150
54
A. Home Prod. Am. Mach & F'dry, American et
Metal
Am. Natural Gas American Smelting
Am. Sugar Bet
American T & Tel'
American Tob.
Anaconda Copper
5.76 7000 9.79 5000 19 5.05
Armour 400 5.70
Abertos Corp Atlas Cons. Miming Baldwin-Lima-Ham. Baltimore & Ohio Bank of MONEROSI Beech Life Savers
Bell Telephone Beneficial Finance
1.09
Trust
7.34 7.45 2000 UTILITIES Than... 331% 33%
Star Perry 132 133 Younnati. XD 307 C. Light
221 22.06
100
Doctri .27.30 27.40
proved prices. Volume of business Telephone
im-
transacted was ap-
XD
proximately
200 311 200 331 503 43 334 100193
100 6 22.00 $104 ** 22.70 3900 22.00 22.70
300 e 22.00
2000 or 24.02
1000 21.00 300 or 2735 4103 27.40 1000 27.30
364 37 2500
100 371
Bender Aviatkin Corp.
Benguet Cons
Bethlehem, Steel
Boting Airplane
Borgen (The) Co.
Burroughs And Machine Bath Amer, Oil
British Columbia Phar
El 'as Natural Gon
Family Finance Corp.
Firestone Tyre & Rubber
First Nat. City Bank
Gatineau Power
Georgia Pacifie
General Dynamics
504 General Electric
General Foods
20% Ger.eral Motors
MP
Gen. Pub, Util.
104 Gen. Tyre & Rubber
Smith, Kilne & French 291% Bocony Kobu Oli
2811
Standard 0 of Cal
3824 Standard Oil of Ind. 694
Standard Ol of NJ
Sunshine Mining
173, 1 Swift & Co.
Texan Co.
99%
-UPI.
Inst Growth
Wellington Fund
Jockey underwear
made only by Bookin
"PATROCLUS"
Damaged cargo ex tita vessel will be surveyed by Mesars Haulsen & Bayes-Davy, Ltd. at loft's Wharf from 10 .9. un Karch 21 and 22, 1950 and eigners are requested to have diely representatives pre- went during the survey,
AUTTERFIELD SWIRE,
Agente.
Hongkong, 18th March, 1070,
Thursday:
P&O
$3,003,000.
The market main- wined its firm undertone in spite of persistent prol- taking. Renewed support for mast Issues resulted in Rood
Ha
INDUSTRIALS Cement
STOKES, ETC. Dairy..... W212011 all round gains. Dusiness transacted amount- od to approximately $2,205,000.
R.M.S. "IBERIA"
EMBARKATION NOTICE
For United Kingdom via Manila, Singapore, Colombo,
'
Bombay, Aden, Suez-Port Said & Gibraltar.
EMBARKATION: Passengers should embark between
SAILS:
BAGGAGE:
6.00 p.m. and 6.30 p.m. on 20th March, 1960,
At 12 o'clock Midnight on 20th March, 1960.
Should be sent to the Hongkong & Kowloon Whar; Co.'s Godown (No. § gate) by 5.00 p.m. on 10th March.
SUBJECT TO ALTERATION
Lane, Craw.
coTTONS Textiles ..
བྷ
45
200377
300 37.36
B000 of 37
500
45
1000 of 44.75
200 ve 4415
27 1020
210 6
20.70
503 2015 26.80
33 1000 30
300 61
B2 9.83 2003 1 9.30
Nanyang MISCELLANEOUS
Vo XD. INVESTMENTS
121]. ....... Miller
HK. & FE
Invest,
2004 u 9.83
2000 € 7.00
15.30
13.04
8.30
0.00 0.00 300 0.48
10.30 10.30
Exchange rates
Tualise way done
In the local
Yesterday's Closing
Interchemien! Corp, Int Business Machines Kennecott Copper ... Kimberly Clark
Liggell Myers Tob. Co.
Warner Bros.
Waukesha Motors
Westinghouse Air Brake Westinghouse Electric Western Union Tel Co. 40% West Va. Pulp & Paper Winn-Dixie Stores
70% Woolworth (K. W.) Zenith Radto
COMMODITY PRICES
METALS
NEW YORK Closing prices, all per 1b.:
Lead Mas.
MAY
Zine
Mar:
May
Copper Mar
May
LONDON
No. 3 March 4 March
NO.
Spat rubber undated Blanket crepe
No. 1 pola ciupe
AMSTERDAM
11016-11714
120-120 314-LID
193-131
Closing prices all in guilders
per kilogram, c.i.t. Mar.
No. 1 rubbar
in cents No. 1 rubber
11,50
11.40
11.30
11.40
20.73
23.47-50
Closing prices, all in sterling
wwwficial Exchange *market this per long ton.
moming at the following intestina
Sierky noter' (pér £}}
Indonesias muplah
Stam tiels (per 100)
No. 3 rubber
No. 1 arepe
3.30 buyers
3.34 busre
3.32 buys
337 buyers
COTTON
NEW YORK
SUGAR
NEW YORK
Closing prices all in cents per 1b.:
Contract No. 4 (world)
3.25
March: 3.00; May: 3.17; July: 3.19; Sept: 3.21 Oct: 3.20 Jan Mar: 3.0; Moy: 3.31; Spot-(F.A.B. Cuba): 3.07.
Toni Salen: 614 contracts. Open Intereal: 0,118 contracts.
Contract No. 6 (domestio) March: 576; May: 053: July: 5.30; Bept: 5.03: Nov: &93; Spot(Cl
Total Sale 309 ountracta. Open interest:.3,24 contracts. UPE
Closing prices all in cents per N. ex-duty): 5.70.
U.S. dollars per $17020
Buyers Sellers
6.74 Tin
Australian note 21.
12.03 2.10
20.02
15,07 Społ
3-month Copper spot
70136 ***
700
790
lb.
254
251
3-month
230%
MB: 33:23;
Lẹp 2nd half Mar.
• Jue
Eine zud half Mar.
*78
69%4
June
UPS
15.
Slogorące (Slut)
CITY LIGHTS.
RUBBER
NEW YORK
MAY!
March: 27.07 July: 307 Oct: 30.00; Decl 31.05; Mar: 21.31 May: 3150; July
·5092 30.00 Oct: 30.29; Dee: 30.45.
Rex rubber futures closing prices, all lai cents per 1b.:
March
MAY
July
NEW ORLEANS
Clozing prices all in centa per
Spot: 31.00; March 3160; MAY: 32.10; July: 30.45; Oct: 30.57; Ded: 200 MAT: 21.04; May: 31.40: July: 20.00: 20.40: Dee: 30.03.
BAO PAU
(Cloeling prices all in cruxeirý per kilo)
All unquotex.
FOREIGN EXCHANGE
NEW YORK Closing rates: Canada England offcial"
*
30-daya 90-day's
Average prico in US. at 14 designated spet markets: 32.03 Now' Zealan
Total cales: 30,000 bales,
LIVERPOOL
Closing prices all in pence
| South Africa
LONDON
Closing rate: New York Montreal American Contract
Anselerdapa March/April: 91.75; May/June; Brussels
22.20 Oct/Nov: Copenhagen
cents
41.53 40.95
40,00
.30.00
20.10
per lb.:
“Ländpa Kassys* Aspi
porta; No. No,
March
SINGAPORE Closing prices
all in Strakts 16b. Malayan por by
March Marc. 219-14
7.30
27.00
2.15 pecan3 #
'Mixed "Conirnet
March/April:
* And, then the booma came, and the handsome prince "und "Nika "Veautiful princess, totch their 'shurga rtality" "Higher and higher, lived
happliv Zastan↑
Frankfurt
PAH *19.40; ** May/Juney | Bibokholm
DAGUR 148 Nat/Apa, #2# | PWM
1.06-032 2.0003
2.9039
2.7245
2.9702
2.00-1/10-2.80–11/19 2,00-9/10-200-11/10 30.0546-10.067)
12.70-11.70 3153.5-14.dati
THE BEST JUDGE
OF SECURITY
is a Bank Depositor with
LOMBARD BANKING
59
Interest paid withunt dednetian of Uglied Kingdogs Įncome tax, Write today to the General Manager for your copy of "Bank Degynt Account" Dunkel No. AZTA
LOMBARD BANKING
LIMITED BANKERS
Hood Afica! LOMBARD BOUIE, GERZON WIRELE PARE LANE," LÕEDER WI
Lakezelated Barys z LOWBANG BANKING SPAN KA