Paga 2
NOTICE
THE HONGKONG & YAUMATI FERRY
CO, LTD,
Nolice to Shareholders
NOTICE
THE DOUGLAS STEAMSHIP COMPANY, LIMITED Notice to Shareholders NOTICE is hereby givan NOTICE 19 HEREBY that the Ordinaty Yearly GIVEN that the Board of Meeting of Shareholders will Directors have resolved to be held at the Registered make an offer to members! Olico of the Company, 6th who un
the 15th day of hour, P. & O. Building, Hong Tuesday, 18tli tered holders of the 604,000, October, 1960 at 18 Noon for lasted shares of the Company the following purposes;
October, 1980, are the regia Kons, on
1. To receive and consider
the Stutument of Accounts and Balance Sheet and the Report of the Guneral Managers and Auditors
thereon.
To elect Members of the Consulting Committee. To appoint Auditors and fix thoir remuneration. To transact ordinary business of the Company.
THE CHINA. MAILA
· FRIDAY, SEPTEMBER, 80, 1960.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
MARKET MORE ACTIVE
Good volume but little
price changes
any other The local stock market appeared more
of 262,000 'unissued ordinary shares of the Company of the nominal value of $10 each at valuc numinat ματ (such being payable in Tull upon; application on or before the 12. 31st day of December, 1960) so that each member of the 3. Company or his approved nomines shall be entitled to 1. upply for and take up one unissued ordinary share for every two of the said 504,000 NOTICE is also hereby Issued shares then held by given that the Transfer Books auch member. The shares so of the Company will be cloned offered shall, if accepted,; from 5th October, 1960 to 18th rank for dividends as from October, 1960, both days in the 1st day of January, 1961 clusive. (but not so as to entitle them tu participate in any dividend declared in respect of the year ending 31st December, 1960) and in all other respects
with the
#Athl present ordinary shares of the Com pany.
No fractional certificati shall be issued, but the shares : representing fractions shall!
By Ordar of the Members of the Consulting Committee, Per Pro DOUGLAS LAPRAIK & CO.
General Managers. flongkong, 23rd Sept., 1960.
OFFICIAL NOTICE
Proposal to change
■ Ship's name
be allotted to a trusted to be. 1, LAM KAI of 94, Kennedy numinated by the Directors Rond, 2nd Floor, Hongkong: upon trust for sale on such hereby give notice that conditions us they consider consequence of change of expedient and the net ownership of the vessel. proceeds of sale deas the have applied to the Minister amount of $10 for each of Transport under Section share payable on acceptance)47 of the Merchant Shipping shall be distributed propor- Act, 1894, in respect of the those steamship "CHOYSANG" of amongst tionately
KONG REGISTRY members who would other- HONG wise be entitled to such fruc-: Offlelu! Number 180846 Gross tonnage 1889.46 tons Register tions
in Juric
satisfaction
Tonnage 979.16 tons, hareto- thereof.
fure owned by The Indo Chinn The offer will be made by:
Steam Navigation Company notice sent by post to euch! shareholder specifying the Limited, Hong Kong, for per-
mission to chunge her name humber of shares to which to "MILFORD" and to have ench shareholder is untitled her registered in the new and such offer, if not name at the Port of HONG accepted either on behalf of KONG
by such member or his nominee,emisphere Shipping Com- on or before the 31st day of pany Limited, Hong Kong. December. 1960; will deemed to be declined and
be
แล
OF SHIPPING
active
towards the close although movement was negligible. The under- tone was fairly firm.
Buyers and sellers dominated
the market alternately with little change in prices,
The recent decline on Wall Streat did not appear to affect the market.
both Unions and without attracting.
Whecjocks remained the sanie
Wharves ni 57.75.
were duli with sellers at $240.
Trams, Chins Light and Elce- trics improved fractionally in utilities. Star Ferrios and Ynumaties wore sought after with buyers unsatisfied.
Telephones at ex-rights were Hongkong Banks remained
while in In-50 cents better on the week stendy at $1,100 surances buyers appeared for closing at $344.
In stores Dairies started the Lombards
week off strong unti the on- nouncement of a 00 cents interim dividend. Although five cents batier than last year,buyers ap- Both the dock companies Im-parently expected more resulting proved slightly with HK Docks in a slight drop in price. How closing at $104 and Talkoo sa ever, confidence returned at the better on the week closing at close and Dairies ended with a 862 with signs of further im-
ten-oemi gain on the week. Watsons were |provement.
neglected but Providents were fractionally Lane Crawford showed some boller white Hotels were bit strength to close 75 cents bet- 75 cents at $40%. Lands hunger. around the $58% Renities Improved better enquiries.
|
mark and
Gilman Holdings showed at. slightly on 5% rise on good demand,
London closes weak
Market diary
Friday:
Monday:
* The share
HK Bank Lombard
Union Whoolock IE Whart
HK Bealty
- HK Trams Star Ferry
market at a
5814
Bapt. 29 1180
*2014b
ས་
a glance ★
Up or Down
Dividend
Bonus
Sept. 1
Sept. 8
Sept. 15
Sept. 22
Yield (%)
114%
1170
1190.
1180
sondy
248
4.2
sáb
Sch
здь
30%b
250
器
5.3
285
905
94
048
7.05
7.45
7.80
7.75
93b
7.75
$3.40
3.0
Pasb
236
$36
teady
2KG
3.3
2300
240
18
3.4
BK Dook
100
105
103
103
104
+
310
9.7
Talkoo Docks
57
6914
AB
60
64
++$2
$2.80
4.8
Provident
20
20.80
20.00
20.80
++200
$1.20
5.8
HK Hotel
401
2235
41
41m
4014
750
$2.75
6.6
HK Lands
57%
69%
58xd
885
+500
$3.40
4.2
1.75xd
1.775xd
314
3134
1.775 31xd
1.775
1.80
+.028
1240
31b
314
+250
I $2.05
104xd
155n
105
183b.
188b
+++33
$9,50
5,8
182
183
180
21.80
25.10
28.10
38
28.40xd
3834
22.80 28.10xd
170
22.89 27.90
180
+$1
$8.50
4.0
22
++200
$1.10
4.7
28.10
4-200
SL.ZO
0.1
3814
2414xris
3tx
+500
$1.75
4.5
5314
55
asb
55
6534
+30a
#
7.3
2815
29.00
28.00
29.40
2012
+10c
50.00
6.5
25.00%
26.10
27.10
25.70
2734
-200
$1.50
5.6
2014
38
39b
2914b
40
+-750
$2.75
0.8
9.20
8.15
834xd
8.40:1
- 840
-150
750
8.0
5.80
5.80
5.83.
8.706
. 5.804
$L
HK & FE Inv
Textile Corp
13,80
13.80b
14
13.00b
14
+-400
309
6.3
8.30%
8.40
13.40
13.80
8.25 15.00
8.25
814
steady..
800
9.1
13.00
·14
+406
$1.10
7.9
Yaumatis
Ch Light Electrica
HK Telephone G. 1. Cement
Dairy Farm A. 8. Watson Lane, Crawford Int'l Investment Allied
Nanyang
HONGKONG Wall Street improves
STOCK EXCHANGE
by
Our Ben Correspondent
New York, Sept. 29.
Stock movements were generally positive today despite two attempted
rallies that failed.
Dow Chemical Dupont de Nemours
71, Pacifle Gas & Elec.
Pan American Airways
General Dynamies
Eastman Kodak Family Finance Corp. Firm Nat. City Bank Ford Motor Ceneral Electric General Foods
...
10912
Parañount: Pietures
Parke Davis Co.
77
Pondly I.. Co.
63
Penn, Salt Co.
30% Philip Mourts
121
Higher prices in two key pivotal groups--stoels and oils -falled to spread into the re- maining sections.
A Buoyant conditions
published repor! that prevailed in the
favourably Business done at the Hong-Armco Steel looks Play's trading wil kong Stock Exchange this on the industry's future outlook improvement and morning amounted to approxi- carried that section well over heavy tradkur Inmately $2,080,000. Noon "quota a point higher throughout. Docks and Banks.
tions and the morning's transac
Richfeld paced the oils with Turnover amounted tlons:
nearly a three point gain while Gildeen Co. 10 approximately
Shamrock added around 1 Goodyear Tyre $2,450,000,
and the remainder fractions.
lost around 1% on Ampex
+
Shares Buyer Sellers The market opened His Bank 173 1100
the weck on firm note and prices
Lombard. 3814 were welt
Union main-
д
Wharf Cu. Waterboat. Wheelock
tained. Taikoos and Docks were pro- minent. Volume of Inc Dock.
business amounted 10 approximately $1,950,000.
London, Sept. 29.
took Industrial stocks owned
spill on news today that the national rail strike has heen called October 17.
Other market casualties were stock which Was affected by news that the gold
be maintained.
However,
2
for Tuesday:
There was another
KONG within SEVEN days from the appearance of this advertisement.
Dated at HONG KONG the 28th day of September, 1960,
HEMISPHERE SHIPPING COMPANY, LIMITED,
on afternoon set-Wednesday: tuck for Imperial Chemical. spread lo other leaders and many blue chips drifted,
Any objection to the pro- the Directors will dispose of poseu change of name must the said unissued ordinary, be sent to the REGISTRAR,
4t HONG the gold shares as they think ft.
NOTICE IS ALSO HEREBY
purity of the .S. dollar would GIVEN that an Extraordinary General Meeting of the Com- pany will be held at the Com-į. pany's Offices, Jordan Road Ferry Pier, Kowloon, on Saturday the 15th day ofį October, 1980, at 12.30 p.m. 1. for the purpose of consider- ing, and if thought fit, pas8-| ----- ing the following Resolution As an Ordinary Itesolution:-,
"That it is desirable to sum of capitalise the
being part
$2,520,000,00
of the undivided profits
of the Company standing
LAM KAI,
Director.
NOTICE
THE HONGKONG & YAUMATI FERRY CO., LTD. NOTICE is hereby given at the credit of the Com- that an interim dividend of pany's Reserve Fund and three dollars per share on accordingly that a special the Company's issued capitul Capital Bonus of $2,620,- has been declared in respect 000.00 be declared und of the year ending 31st that such bonus be ap- December, 1060, plied on behalf of the per-
were
Dividend walkünts will be sons who on the 15th day available for collection at the of October, 1960, the holders of the 504,000 registered office of the Com- issued shares of the Company, 144-148 Des Voeux Road, Central, at noon, Hong pany in payment in full for 252,000 unissued or Kong, or will be dealt with.
in accordance with standing dinary shares credited as fully paid be accordingly tells, Bi and after
allotted to such persona
18th October, 1960.
By Order of the Board,"
LAU CHAN KWOK,
to
Managing Director. Kong, 29th Aug., 1980.
In the proportion of one Notice is also given that such ordinary share for the share register of the every two of the said 804,- Company will be closed from cod issued shares this Monday, 3rd Octobor, held by such, persons Saturday, 15th October, 1980, respectively, and that the both days inclusive. diates so allotted shall be treated for all purposes as an increase of the nomliä] amount of the Capital of the Company held by each Hong Buch shareholder dhd fot| De income, and that kichi shares shall rank for divi. dend as from the 1st day of January, 1961 (But hot so as to entitle them to participate in any divíděžd declared in respect of the
AND NOTICE IS ALSO year ending 81st Date GIVEN that the Share Regis ber, 1980), and that no ter of the Company will be, fractional certificates shall dloded frohi Monday, thỏ štu be issued, but that shares to Saturday, 15 15th October. - representing fractions 1900, both days füclusive. shall be allotted to a trus-
tee to the nominated by
the Directors upon trust
for sale on such conditions
as they consider expedient,
ambhirst
BROBOPtionately thoad' members who #öüld Blipwise bo endtied to Buch Tribtions and in datistiction thereof."
By Order of the Board
of Digesters, LAU CHAN KWOK,
Managing Director.
and the net proceeds of Hong Kong, 29th Aug., 1960.
sale shall be · distributed
Motors were mostly lower, Steels Partially recovered earlier fails while property and Insurance issues firmed along with selected textiles.
Gilt-edges lost some of their Thursday: hardness by the closing gong.
Street
Foreign bonds were irregular and dollar stock moved lower in
Wall sympathy with Rubber stocks inched Teas held steady,-UFI.
Closing prices
lower.
UK Government securities
2 Consul£45).
4 Console-07
31%, Convereton, 1961-£50!%. J. Funding, 1038/60-£80-7/18.
204-15/10
3
Finding.
1999/2004-
4%. Funding, 1000/90-87-3/10 1955/03—£68.3/IN. 3%. Savings 1900/70 £78). 3%. Savings 1905/75-ET1-9/10.
Booky mouFRECOS Bercinya" Orduda 9. Chartered-Bu.** Hongkong-£00%.
Union Insurance—£836.
Alturast and Motors British Motore 75-4 Ford Motor-430 34. Hawker Siddeley- Tpt Royce 1914. Rooles fild.
Standard-Triumph- 3d,
Hulding & Malezinin
Amos. Portland Cement-69 1544. Goodle, Well & Lead-ias.
Steel & Engineering
Babcock & Wilcax-00 40. United Steel-821.
Vicker-32 155
Paper
Dawater Paper Drd-674.
Tabacco, Food & Drawerles British-American Tobacco-le thi Imperial Tobacco-60% 01.
Miscellaneous Boardman Marder Bowsher Brillen Okýgélized. Canadian Pacific =830,
1345.
Dunlop Rubber: 20" 1390 Glinen (Haklingika, Imperial Chemical. UhliqVWx=1{AWA BA
Provident
Balou
50 1163 30 1150
2:10 23,500
.
103 105
"
101
31 71.20
41
10% 40%
HK Hotel 40%
active day with prices on the whole making fair head-HK Land
Bunks met
some renewed sup- port. Turnover
was approximately $2,484,000,
The market
5:00 00
Yauma Ferry can- Ex. All.. ilnue active during 10K Tram . 9135 the half-day session
but failed to main-
1300 90%
General Motors
Gen. Pub, VIL
Procter & Gamble Co.
Pittsburgh Piste Ches
413% Publicker. Industries'
Pure OURS
Ratio Corporation Radio Corp. Pres.
30% Republic Steel
Raynalds Metal Reynolds Tobacco Royal Dutch".....
18ty Scott Paper
Segler Corp.
Gen. Tyre & Rubber Gelly Oil
44
12
|
Grumman Aircraft
Gulf Oile
Haminood Organ
word that earlier estimates of Herden Newpart Carp.
prove daho Power
sales and prots hard
ISM to attain. over three on news of a new optical scanner.
Ingersoll-Rant
Inland Steel Co. Interchemical Corp.
Int Harvestor
2011
29
Safe Hog. Paper
20%
may
STA SIndia on
gained
Socory Mobi
38%
Bouth Fuerto Rico Bugse
Int'l Bustiers Machines
Standard Brans
Standard OÜ ̈ OF CAI.
International Nickel
40%
Standard Os of log.
3930
Standard DÙ of N
381
Steep stock .....
14
00
73:
Drugs were mostly higher with Upjohn and Carler up over two, Merek nearly 1% and the remainder close to a point. Motors were mixed.
Northern Pacific rose nearly 14 in the rails where Atlantie Coast Line sagged around two. Proctor and Gamble tacked on a point in the blue chips where American Telephone held steady.
Closing prices
Allis Chalmers
International Paper int? Tel & Tel Kenneroit Copper Liggett Myers Tob. Co. Litton Ind.***** Lockheed Aircraft Loows Incorp.
Lone Star Cement Co. McDermott J, Ray Merck
Minnesota Mining Mission Development Mousanta Chemical Co.
Sterling Erg Co.
Brokely-Van Comp
Studebaker-Packard Corp.
243% Suhine Mining
Swift & Co.
Texas Co.
Thickol Chem.
Union Pacific Fadway
*
T Water Oil
6334nion Code
12
80
36
United "Aircraft”
Montgomery Ward
ARTTY
United Gas Corp.
Motorola Inc.
74
Alden Isa. Aty, Allied Chemicals
$47
U.S. Gypsum.....
17
National Dairy Prod.
Rallonal Cank Rez. "AT
8317.8. Ribber
37
32
100 3134
Alfted Mills Int.
37
Nations. Lead
241
Ch. Light 23.10 23.20 2030 or 25.10
500
Am Brake Shoe
20%
National Steel Corp.
23.10 Amerkan Airline
New York Central
18
20.20 Am. Cable & Stadio Carp.
Amer, & Forgn. Power
American yoqmild Co.
834 North Amer. Aviation....
Norfolk, Western Ry.
45
Volume of business G. Coment amounted to ap- proximately
Dalry Farin
50 56
500 55 23.00 20.80 2000 2915
Am. Home Prod,
160
Am. Mach. F dry. American Metal
2018
Otin Mevsiors
2136
Owen-Illinois Glasa
000429
Amortenn Sinelting
Oxford Pager Co.
$1,250,000.
2900 20 2500
Am. Sugar Ro,
2011
28.70
American Tel & Tel
8812
American Tob
Ampex
fain the arm tone Electric 28.10 21.30 2300 prices registered HK Telephone Iructional loeses
400 34% c. RW, 344 345
500343
The market appear. Wateces ***** ed to steady with
interest centred in Talkoos, Gilmans
Texulo
Nanyang A. Rubber
"
and Lands at higher levels. Hotels were well supperi- R. Trust ed at lower rates.
Taikou Dock Business transacted was approximately $2,323,000.
Exchange
rates
Business was done in the Focu usofficial wxchange market this josing at the following cates:- U.S. dolar (per #1) Sterling notes (per 21) Australian notes (per £1) Indonesian rupiah (per 100).. Siam tiem (par 100)" Singapore (Strait)
8.30
2711⁄2
·833 1000 seÐ1⁄4
7375 8.30 1000+ 1.34 13.30 14.10 1000 14
6.00 6.10 10000 or 0.15 19000 8.10 7.03 1.80 1 .00
Humphrey 24.30 24 Realty
400 40036
1300 6 09:5
500-10
000 4 63 1000 of 33%
0003
500 24.30 ... 1.775 1.825 35000 to 3.00 75000 m D
HKC Gas... 14.00 14.80 400 14.70
1740 44.70 300 or 14.70 L.. Chaw... 3834 4011⁄2 300 a 40 Int'l Invest, 8:30
Fruiter 11.80 11
い
IW... 13.00 14 220
Gilmen ****
Star Ferry..
5.07
15.84
12.04
130
Main
1.00 Vibra
106 170
Blee. 19.00 12:30
10.10
1000 30
Anaconda Copper
Armed Steel
Armour
Atlas Cons. Mining Baltimore & Ohio Benguet Cony... Bethlehem Steel Borden (The) Co.
Add Machine
Durrouxing Corp.
Canadian Pacific B. Cat. Tractor Celanese Corp. CIT. Financial Corp. Chase Manhat. BRAK Chrysler Motors Cluett Peabody.. Colgate-Palmolive Co. Commercial Credit Consolidated Edison Continental Con '**** Continental Off of Del. Crane Ca
Crown Zellerbach Cuban Amer.: Bugar Delaware & Hudson Co Diamond Alkali
COMMODITY PRICES
RUBBER
NEW YORK.
gulber futures closing rfees, all in cents per lb.:
Bept, Nov.
Mer
May
Judy
dept,
*betrial-44) Mulch Mia
g
Constal Electio=30# 34.
SERGOTER
Indo-China Navigation-21m 04.
Steam. Navigation 37 P. 40.
Debenhame- Orkki Universal “AZ_449%%. - Marka Spacer-81= 10, -Windźwighth,“WOWMAN - MI
Textiles Conte, J. & Pads 7360 Courtrude ... Brillah Borneo-416 44.
Royal Tutels+ £19-1740,
· peteling/Vibram 1894. Chlon Corp:
તૂત.
Nov.
Estate drept thin pet
thick Opt, v. AMSTERDAM-
281-2825
2334-221
Clowing 'prices all in guilders i par klipgram c.i.f. Oct.
No. 1 rubber
Ko, 2 rubber
No. 3 rubber
34.50
No. 1. crop
SINGAPORE Closing. prices all in Straits cent per lb, Lob. Malayan ports:
No. 1 Cot.
No. 1 OF
Ná, #
No. 4 "
Spol rubber usbsled
Blanket crepe
No. 1 prie crepe
LONDON
0731-08
2,27 buyers
3.3 buyuri
COTTON
NEW YORK
2,00 Buyer Closing prices ail in penis par 3.00 buyers b
METALS
NEW YORK Closing Prices, all in conte per 1b.:
Oct.
plastfred
Closing prices all in ponce
per ib.:
No. 1 Raspot
settlemení, house term:
Oct/Dec.
Fan/Mar.
Apr Je
MyHept
2012-20
Glumcat ronrigste, 0.1.1. barla
Dea
Closing prices, dil in sterling per long, ton
Copper apot
Spot: 32.25; Opt: 31.58; Pec: 31-36: Mar 3131 May: 12.20: July: Oct: 39.46; D: 17.00) Wart
NEW ORLEANS Closing prices all in pente per la
Spot: 20/75) Pet: 2131: Deer 31,000 zuly?" 6795 Pet: 2749; Déé: 2230; Mar: 32:10; May) 32.75) July: 8245:
J
BAO PAULD
(Closing prices: all/in eruzeiro
::
Opt: 0.00; Der: 99.09. AVETODE price uk, at 14 de sighateapot Ingekete 20.35 cents.
•P0JMT safen:/61/418/paleng
LAVERPOOL „Florida | Kriges alj in pençe
Blue Amariosu Claniraol
Northwest Airlines (Com.)
Oklahoma Nat Gas
Olin Mathieson
US. Smelting
8.5. Steel..
69.B. Bb
7 P.C. PF
16 Wazer is.
Waukesha Motorw
3996 Westinghouse Air Brake
Westinghouse Electric West Va. Pulp & Paper WM-Dixie Stores
Woolworth (KW)
·903 Zenith Radio
2011
401
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