AUCTION SALE
20th & 21st NOVEMBER
ALTONA, VICTORIA, AUSTRALIA
To The Order of
VACUUM OIL CO. PTY. LTD.
Owing to the Completion of the New PETRO-CHEMICALS & SYNTHETIC RUBBER PLANTS
CONSTRUCTION.
PLANT & EQUIPMENT.
2 MANITOWOC 80 TON CRAWLER DIESEL CRANES
MODEL 3000A
Caterpillar Traxcavators Series E. Austin Western Crune Model 210, Crawler & Pneumatic Tyred Tractors, Motor Vehletes and Fork Lift Trucks, Woodworking: & Engineering Machinery and Plant, Extensive Welding Equipment, Portable Air Compressors and Paouatie Tools, Pumps, Tools and General Construction Equipment."
ILLUSTRATED CATALOGUES AVAILABLE
J. W. STYLES & SON Pty. Ltd.
Machinery & Industrial Property Auctioneers, 280 Spencer St., Melbourne, Victoria, Aust. Cables: Styleson". Melbourne.
WE OFFER
A chance for direct Investment in heal shares for the smul investor. We specialise in the servicing of the small investor ($500,- and over) who desires to possess focal shares of his own choice and in his own name.
Aay share currently quoted on the Stock Exchange may be available in small lots. We consider fint advantage could now be taken of present realistic prices to start a personal Investment programme, Trained and experienced staff is available to help with ranking selections.
Please call at our office or send for our free booklet "Guide to HK. Stocks and Shares."
For enquiries Tel. 22021, 22419
To Investors' Advisers (H.K.) Limited 404, Luk Hoi Tong Building,
Hong Kong
I am interested in investing in HK. Shares. Please send me without obligation your free booklet "Guide to ILK. Stocks and Stres."
Nomo
Address
Occupation
(2
THE CHINA MAIL, TUESDAY, OCTOBER 17, 1961.
New York stocks MANY LOSSES
New York
cotton market
New York, Oct. 16. Catton futures today opened irregularly then went on the defensive for the rest of a spasmodically active tassion.
ruled! prices
123-
|
soften
New York, Oct. 16. Stocks softened over the noon hour today and failed to move significantly there- after.
Popular market indicators ended the session showing slight to moderate losses on slightly reduced turnover,
Itamesake Mining Co Hussnar Retrig
Leading steels dipped frac-iram Walker tions to around a point as pro- diction decilned for the second das Power consecutive week. Ford ost
"Therial O around two ond Chrysler and
Tobacco
gersoll-Rand
Corp.
Closing changed to off points while the motor seelion, while Du
Mack Truck at least a point ia !! Paper
New Orlemes Anished ebanged to off 15 points.
-
Locally Truding was Imited to the Hestur deliveries. *The positions from October through March (1003) were neglected Throughout the day.
Pressure
Pressure on the near months miginated among outside
-
mission houses and was ut- tributer to selling by charl readers. The uncovering of stop- losses orders extended the die eline.
Johns-Manelife Lu.
Industries
Pont nn Eastman Kodak heit Copper.
fractional Kains chemicals
among the on Improved third quarter profits.
Other blue chip features were United Aircraft, Procter and Gamble and
International Harvester with gains of around at point and Union Carbide, General Electric and Anscondu DIY similar amounts. Stores were ahead as much as four in late improved, generally
Korvette dealings.
Today's voltume was 2.84.000 shares.
Of a total 1,296 shares traded, 433 were higher and 400 lower. American exchange Yulu wns 1,280,000 shares,
Bonds volume amounted to $5,56 100.
Dow Jones Closing were
Baying interest was insited, traders said, in asitlcipation of u p-up in heege selling. Mem- phis reports said with the high prives being paid for milding Bud belter, a large percentage 30 Intustrials of the harvest to tiste is selling 25 ftails
15 Utilities Most sections reported mostly 85 Stocks favourable conditions for matur- 40 Bonds ing and harvesting the crop.
in the open market.
The certificated slock today amounted to 87,188 bales
plus
Comm. future price index
י+'
Kimberly CITR
gel Myers Tob. Cu. * Lly Willp
Lockheed " Aircraft 3.the WN
Star Cement C
Lillard P
Lawenstell de
Sons
MeDermott J. Ray
Melonnett Aircraft
Merck
Alinnesota M
Cu
Mission Development Monato Cherident Ce
Montecatini
Montgomery Ward Motorola Inc. National Bisout Co. National Cash Reg. "A" National Dairy Prod. Nations Leat
National Steel Carn New York Central
HONGKONG
STOCK EXCHANGE
Our Own Correspondent:
IN LONDON
MARKET
London, Oct. 16,
Spreading industrial unrest in Britain dampened proceedings on the Stock Exchange today
and there were many losses.
There were isolated firn spots
In the industrial section and British Government bondts made general gains.
US dollar stocks were dull. Gold and
intning issues moved upward. Obr dritte lower.—AP.
by
A37%
ABY,
199
39
tions und the
Business dune on the Hong- this Exchange Block kong morning enzounted to approxi- mately $2,740,000. Noon quota-
morning's
1442
transactions:
40
Rharra Buyers Sellers
Malen
HI Bank
330
230 to 334
3
Lombard Ins
Allied lay.
UK & FE
ធ
93
0.05
Invest (ELA) Whart Cu. Wherinck
Old
4
J34
12 20 12.30
1 330)
43 334
10 334
450 330
20 330 2004 $1 20000 £100.9
1000 12.30
100 £105
1000 12.30
707
11013
14
New
ik Duck
11.90 12
1000 - 12.201 6000 12.30 SON 12.30 2000 12
110
230117
417
Noranda Mines Ltd Nok & Western Ry North Amer. Aviation Northwest Airlines
Table Dek Cana Prov.
$1
200014
20.20 21
[Con
509 21.20 500 28.20 500 28.3
300 20.20
FIK 9.
Hotel
500 or 3014
FIK Land
62%
13
PL
200 62
400
63
Averages Oklahoma Nat. Gar
Closing prices
396 balos awafting Inspection | Abigla 1wi. & Piper
and "mieronnaire” test.-UPL
Altri due Aegi
Alvana Steel Corp.
Alind Mills the.
All Chalevera
Am Rake Stoe
Amertean Airline
A. Cable & Indie Carp
American Cyanamid Co.
Auer, & Furgu. Power Am. Con & Electric
Am. Heine Prod. A. Much, da Fry, American Metal Am. Natural CON American Sriting Am. Sugar ket. Ampex
Armidli Asbestos Corp..... Atlas Cons. Ming Baldwin-Lima-lam Balimure & Ohio. Bank of Montreal
Halk Montreal
703.15
120.18
151.02
Olin Mathieson Or Nevals Owen-inois Glass
Pacific Gas & Elec.
'aramount Pictures
241.70 Penny J. C. Ce.
Mrema. Salt Co. 83.92ip Morris. 147.781nry Bowen
octer & Gamble Ch Fitsburgh Pale Glass Portland Gen. Eleç, .. Publieker Industries Pullman
Pure ou
Radio Corporation.
Radio Corp. Pref.
20 Raylen
epublic Ster
Reynolds Metal
Reynolds Tobacco
Royal Bank of Canado
Royal Dutch
theem Mfg.
Sears, Roebuck & Co.
Shell Di Cu.
Safeway Stures
Saint Reg. Paper
Schenley inc.
Scott Paper
Standard Olt at bid.
Studebaker-Packard Corp.
BOND G310
.
Legal P. & P. Ek? UK Healty.
2!
I Tra..
KC.M.A.
Yaumati XD Ch. Light
200 * 63
2.30 10000 2.20
16000 e 2.20
154 1539
to 70%
110 113 24% 35%
30
23000 2.225
1000 21/4 5000 44 2.2 15000 4 412 400021
300 35 300 351 1000+ 354
2000
30 0912 1540/70 1700 or 1st
120934 100034%
DOD 34EP 500 35 3000 3541 1000 / 3034 1332 60 33
100+ 4000 18 35 500
2000 + 34
900 301 1400 11 30
Closing prices
British Government Recurities
Consolidated- £ 3-3/1 Conversion-£32-3/18,
3. Savings 1931/650 3 Sayings 1968/70-~ #! "T£**. Saving 1965/75—460};- 3. War Loan-£53-D/10.
Overseas Honda
2. German (Dawer)-CH3 xd. 8. Japonese, Ansented— £150, Banks & Insurance
Ingur - Ma Ga xa
Harclays
Brit. M 90.
Ind
Chartered Bank-475. Gaardion Assurance-15 Hongkong Bank-17. Landel in J. Lloyds Bank-62 3d. Lombard Banking Cri... 134 1. National & Grindley»—BIN 90. Prudential Alour, "A"-2EIN Royal Bank of Canada- £200. Royal Insurance Ord.---3x+f.
British Petrojeútn-41k Burmah Oil-335 3. Shell Transport Ord-113 dil, Royal Dutch-Cl Ukramar Company-tha 731⁄2el.
Sleels Engineering. Dabcock & Wilcox Orr-209 34 Colvilles Ord48m 712d. Darrian,
Guest, Ke
01
201
Harland & Wolff Ord-17 Metal Box-785 72.
Steel Co. of Wale32 10. Stewarts & Lloyds Oril-40 7. Summert & Song Ord-42e 201 Tube Investanenis-15 34. Vufted Steel-39% Pd. . Vickers Ord-20% 4.
Electric
A. Elge. Industries--29 Bt. Ass. Television "A" Ord- 4.
Wirmingham Sound-8a,
Brit. Electronic Ind-ils 3d, Mr. Caflenler Ord-3444 Gil. Elec, & Mus, industries-378 30. Englian Electrle Ord-23s 3d. General Electric Ord-24s Od.
Lamp Works-10 Rediffusion Ord.-38s 4.
Industrials Asoc. Portland Cement-450 4140. Doardman Marden Ord-3 101. Borax Holding!--15 Decen flecords Ord-55 3d xu. Dunlop Rubber Orde-25 But xd. Gitman Holdings) Ord.--4 9. Codernational Computer San đ London Brick Orű-Bis B. Timer & Newall Crd-65% 109404. Unilever Ord-1478 3d. Chemicals
3d.
Imperial Chemical Ord-57 Monzinemas & Television
Chemicals Ord-14 c.
Asoc. Brit. Pictures-40≤ 3d,
Bank Oras Ord-250 3.
Swi
Paper Bewater Pener De La Rue Ord
MOBILGAS TAKES
Siegler Corp.
Sinclate "
Sonny MIL DU
Electrie
35%
South Puerto Ilico Sugar
Southern Co. (The)
Southern Natural Gas
2854
Southern Pacific Co.
Bank of Nova Scotia
Southern Railway (Com.)
76
Beech Life Savers
Sperry and ...
Pa
GIANT
Bell Telepitine
502
Square D..
Telephone
(Old)
2014 40%
200 to 30%
Slanderd Brands
Beneficial Finaners
Standard Oli of Cni.
250 or 301
Bendix Aviation Corsa
05
500
39.
Benguet Coils.
Bethlehem Steel
40%
Standard Oil of
N.J.
STEPS
Bacing Airplane
51
Sleep Rock
2
700 40
Sterling Dragi, Co,
Telephone
Borden (The) Co.
674
Burroughs Add Machine
31%
Stokely-Vari Camp.
RU ... 1300 14.50
400
13.00
1206
13.00
Stone & Webøter.
Eriti Amer. Oil
3)
30€
13.00
British Columbla Pier.
123*
$200)
14
Sunshine Mining
2015
IN
Swilt & Co.
FX Gay
10.90
450
19.0
68
500 10.00
504%
Texas Co.
300 or 19.00
115
Textron
e
Gilman
4
4.03
CODO (4
2442
ECONOMY
Co.
Tide Water Dif
201
Jardines
Cat. Tractor
Time Inc.*****
9312h 005
2411
Trader Finance
CIT. Financial Carp.
Travelers Zoe..
1420 1500
91
Cement Dairy XD. Textlle Nanyang
៥
$300 371
20
6.10
21,00 12
3d
Tri-Cont. WaTRIE
-40
A. Rubber
SERVICE
Liett Peabody
74!
Twentieth Century Fox Film
314%
XD
5.30 6.45
17
Union Of of Cal...
52
R. Trus...
G
L',
65
Union Pacific Railway
Unhed Aircraft-
3335 Amey
441
52
121
United Fruit
164
United Can Corp.
301 IIK Mine
To
Comoluated Paper
U.S. Gypsum
100
Line, Craz
30
Consumers Gas
US. Line Co
311
Asla Nav,
2.825 照
Continental Can
IUS. Rubber
3455
47
Asin Nav
Continental Oll of Del.
47
Rts.
Create Prt
Crane Co.
14
Diamond Alkali
Calif. Packing Corp. Cana, Dk. of Comun. Cana. DrewETI
Campbell Soup Co. Canadian Packie J.
Case 13. 1.
Celanese Corp.
Chrysler Motors
Coca Cola ..................
Coleman C.
Commercial
Corning Class Works
Consolidated Edition
Delaware&itudson Co.
plaimond Nall
Dhiller-Sengrans
Douglas Alterart
Dow Chemical
Dupont de Nemours
Fastinu Kodak
El Paso Natural Favily Final Ga
Corp.
Ferro Corp.......
Firezione Tyre kor
First Nat. City
Ford Motor
General D
General
Gen. Pab. VI. Gen. Tel. & Elec.
Col Tyre & Rubber
Goodrich (3. F.; Co. | Great Northern "Railway'
Grumman Aircraft Out onl
Hammond Organ
Kestien Newport Corp.
Thiokal Chem.
US. Smelting
Steel
TUS Steel PC. PF
70%
2271
241 Construction 10.90
400 23.80
10238
1.325 1.35 2250 1.325
In' In.. 12 City Hale!
XD
Wamer Bros.
Waukesha Motors
Westinghouse Air Brake
Weelinghouse Electric
Westem Union Tel, Cu. Paper
Ilumphreys
301
Metal Indust
B. Cas
103)
fih. Dock.. Shi, Land
3.95 50c
West Va. Pulp Winn-Dixie Storen
Zenith Radio
CHICAGO GRAIN
Chicago, Oct. 18. Grains closed mixed on the Chicago Board of Trado today. Whout closed unchanged lu
cent higher,
Soyubentis closed of 1% 10
up cent.-UPI,
21.80 23.40
tertainment 47
1500 A 133 1140 1.335 12375 32A 185 4 12.38
London tin
London, Oct. 16, The in market turned enster today. Spot was marked 31⁄2 points lower lo £0381⁄2 and three-months three points to
047 per long ton--UPI.
Bd.
fil.
Keed (Albert El Ord-His kl. Spices Ord-418 4190. Wiggins' Tepe Ord--68
Tobaccus
34.
British-Amer. Tob. Ord-605 30. Carreras "1" Ord—3% 493d. Gallaher Ord-40. Imperial Tobacco Ord- C.
Matars
British Motor Grd-13s, Hawter Sudeley Ord-271⁄2 Uladh. Joguer Cars Ord-118s 10. Rolls-Royce Ord-40x 3,
Westlund Aring 19
Bradford Dyern-12 3d,
Casa Printers Ord-115 Ct, Couts (JP) Puton & Baldwin-39:
Courtaulds Ord-32 26. Fine Spinners Ord-22 d. Lancashire Cotton Ordi5# 4!yd. Brewerles Distillers Co. Orel c Guinnean (Arthur) Ord.-50M. Ind Coope Ord-13% 199.
SCOTCH
Great Universal Ord-dis. Great Univerini "A" Ord-479 pl. House of Fraser Ord-35, Loibigs Extræet-18s 60. Lyon 73; "A" OM-3, 31
Ord-90s. Marks & Spencer Tate & Lyle Ord-42a United Drapery ord--30 Bd.
Ord42 Bri
Woolworth
Miscellaneou
d.
Bowmaker Ord—14a 4!98. Brit. Commonweal Ship. Ord=181 Alad.
Canding Pacific Ord—24314.
of London on Prop.-13. Cunard Stearnship Ord. Forestal Land!
-Timber-OW 100
Furus Witby Orl-30s.
Hakong & China Gas-234.
Bay Cum 10/10 Indo-Chinu Det. Ord-201 Lund Securities Ord-th 1. & O. Bleam Nav, Def-37 d. Channel Tunnel-24*,
Mines
Angla American Corp. SA—1244
450.
firit. South Africa Co-59 34. British T investment-17. Consolidated Zine Ord-dia.
101 d.
De Beers 11C Curp. -16 10
London Tin
Mouni na-in dx. Petling -10.
L
fland Selections 1140, Wheston Anglo-Amer. Ord-Bla thodeslan Selection Trust-1 36.. Rokane Corps xd. Rio Tinto Bearer)- 1. Ronn Antelope Copper-On 11ad. Union Corporation-474 301st, Wethus Gold Mining-13.
West Hard Invesiioni Trust 433 Western Bakings-125 74. Winkelhank Gold Mines-18s did. Southern Matayan Tits 06. Rubber & Tea
Angka Intionesin Plant-4 10. Crying Ten Ord-2 d. Imperial Ten
Kuala Lumpur-Kopong-Is. 10 Lambak Rubber bad.
Reuter
New York
sugar
New York, Oct. 16, World No 8 augor futuros today closed unchanged to four points higher with sale of 36 contracts. Domestic No. 7 sugar closed rix higher to one point lower with sales of 110 contracts.
Domestic contracts strong- thened in the wake of a cui- back in Peru'a non-quota al- location to the US. market, of 30,000 tons to 630,377 tons for this year. The May contract rose to a new high for the life of the contract.
World
futures armed when light scattered buying met 1171 even smaller
supply of offer- ings.
Generally, troders morked lime
from pending news Geneva, Cuban demands for a larger world export quota were opposed by other producers in the international agreement, traders said. They believed it likely that no revisions in the part will be accomplished ot current meetings of the Council. The Council was ex-
Be
pected to receas and schedule new meetings at a later date. UPI.
Exchange rates
was done in exchange market
Businest mobicial
the local
thia
morning at the following rates
us dar per $1
6.077
Sterling notum per 21)
15.62
Acetralian notes (per n
12.51
Japanese yen (per 100)
150
Canindia riel (per 100)
D.GO
1.12
100
0.20
Franch new Erme (per 1) Brazilian cruzeiro (per 100) Argentine pean (per 100) Korean hawn (per 1,0001 Italian Hra (per 1,000) Chinese JMP (per 10 Talwan yuen (per 10) Thai bafit (per 100) Burmese Kyat per 10) Pakistan rupee (per 10) Macao pataca (per 1) | Norwegian krone (per 100)
Philippine peso (per 1) Singare Straits per Awire franc (per 1) Netherlands guilders..(per West German D-Mark (per Cuban peso (per 1)
0.00
Mobilgos
ECONOMY SERVICE
Mobil Research assures that Flying Red Horse petroleum products and service constantly keep pace with the ever-developing requirements of the modern automobile.
L
Mobil means smoother turning
Fewer
Mewer maintenance bills miles to the gallon. You save by the steps Mobil takes to economy service.
COMMODITY PRICES
FOREIGN DXCHANGE
NEW YORK Closing rates; Canada
England official
30-y
DO-tay
Australin New Zealand
.97-1/10 LE150
1920 12525
----
Spot 3-month Copper
Spol 3-manth
Lend
Spot
Zine
Spot
3-month
Buyers Betler
100
030
04215
043
--Uni
RUBBER
NEW YORK
Rubber futures closing prices,
all in cents per ib.:
Nov.
JRI
Mer.
Moy
July
Sept.
Nov.
METALS
NEW YORK
Closing prices all in cents per
COTTON
NEW YORK
Closing prices all i cents per ib.:
Boot: 3.63; Dee: 34.12: Mar: 130; May: 35.75; Juty: 10.10; Del) 35,201 Der: 35.31 Mar 36.63
LIVERPOOL
Cloning prices all in pence per Oct. ib.:
American Contract
Jan Mar
x standard
29.45
29.35
21.00
20.20
20.00
20.10
20.90
28.55
20.55
20,53
LONDON
Closing prices all in pence per
16.:
No. 1 Her pot 2416-2474
Bettlement house fermi
244-241:
Oct./Dec.
243-24T
9.40
Apr./Juna
1.12
10,45
10.38
20.30 30.30
Oct: 23.85: Deo: $64b; Map: 2493 May: 2540; July: 20.89; Gel; 24.53 Deol 24.80.
| Jul77Bapt.
Mixed Contrnoi
Bit
Cel: 24,38, Dec: 2400: M: 2120 Closing prices, all in sterling May: 2010: July: 25.50; Oot
Deci 24.95.
---UPI.
2016-2012 2014-20 | Orf/Dwe
General markete, cid. Unda, porisi Nov.
Buu dien HA HAY và
lifek Nov... MI
ALL AT BRA -- Primed to probe mysteries of the sea, or ferret out unfriendly subs or surface vessels, the Lockheed-California Companƒà PâV-1 Orlan, and Bes Quent research ship team up for thele fent fundily porlenit. Both have koy roles in the company'" extensive Anttrüb- marine Warfare and Ovein Bystème programmer/rr:folentifie secrets the Ros Quesi unlocks from ocean depila will, be appiled to detection_uspabüitles of the Orion) 408-m.p.bu. wab-hunter in qushfliy production for VS Navy. Bertünd As. Ban Diego, the Sen Quest haa eritland waters off the, West coses on bails, revcavoli nilmióna senif, to Guadalupe falsiid and north to the Blato Barbara Channel.
•
more
ib.:
Cupper Oct,
Land ON.
Nov. Zinc Oct.
Nay.
NOY
LONDON
per long ton;
MOBIL PETROLEUM COMPANY INC.
TELIMONOS
ANGRIKUNG A SHANGHAL BANK ELIG, HINUKONG
21