THE CHINA MAIL, WEDNESDAY, OCTOBER 25, 1961.
New York stocks move LONDON GILT-EDGED
New York, Oct. 24.
The stock market went downwards again
today but declines were generally small with limited activity.
Popular markel averages lost a little ground reneeting frac Hons) Josses for such leading industrini stures us Ford, V.5.
Am Brake Shoe Anterlean Airline
Am. Chulo Se Itadio Corp. American Cyanumad Co. Am. & Forgu. Power
Steel, Chrysler, Anaconda, I Am Das & Electric American Telephone und RCA.
General Food ostsin proved to
An 11 Prod.
Am. Auch dry
be the strong spot bi the i-Am. Natural Ciga
1 gaining! dustrial average,
of couple
Canyabell points. Soup rose more than two long with Polaroid while 14 MK. Zenith, Pitney Bowes road Northrop ruse at least a point
or so
Today's volume was 3,400,000 Alures.
Of a total 1283 shares trader. 201 were higher and 657 lower. American Exchange vojume was 1.200,000 shares.
Auspex
Asbestos Compo Allon Conn. Mining Baldwin-a-Baza Ballin & Cajo
Bank of Montrent
downwards
Corning Class Works
1154 crancollated Ellinon 101lidated Paper
Fepanners Car Continental Cha... Continental On of Del. Cosinus perial Mus
Geverni Fondr
341% General Motor
104
L322
421
219
Standard Tronds
Standard On of cal Standani ji of hii. | Standard Oil of NJ. Steel Co. of Canada Steep Rock
413% Sterling Drug Co.
Tri-Cont. Warionis
Uned Aerati
United Fault
184) United On Corp.
U.S. Gyp
sexd US Lane Co
40
1920
* י
HAVE BEST
TF
SESSION IN MONTHS
London, Oct. 24.
Foreign and British buying made today a rise und shine affair for gilt-edged and the government bonds had their best 'session for months.
!
buck
But industrials fell along a broad front and slayed depressed at the final bell.
dipped gain
Braswertes rencted from their
recent advance and stora slip- pech.
Dollar stocks
43
13
10
7272
41
83
Creula Pet
37Stone & Webster
Stokely VanCamp
за
Crane D
Aeriun Metal
35%
Cuban Amer. Sugar
61 1023
Sudebaker Pagkved Cor13.
Sunshine Alming...
Diamond All
01
Swift & Cor
12
American Sineking
49
| Diamond Nall ...
41%
Texas Co.
Am Sugar Kef.
3
Diuliers-SrogramYA
471
Textron Inc.
Auricon Todi,
Amrican Tel & Tel
1201
Dongles Alteraft
Thokol Chem.
Dow Chemitent
721
The Water Oil
2812
Eastern Alf June
21%
Time Ine, ....
Aureonda Copper Armstr
47
Extman Kodak
103
Traders Finance
134
El Paso Natural Gas
Travellers Ine.
Cunard stocks
34
Family Finance Corp.
41
13/00.
GIL
10
Ferro Corp. ..................... Fhestene Tyre & Rubber
4772
Twentieth Century Fox Fila
702
Unton Carbide
Firm Nat. Člly Bank
1975 1189
Unton Oil of Cal.
20
Ford Motor Co. of Cana
153
Union Paelle Tailway
71
Ford Motor
Beak of Nova Sentin
16
General Dynamles
2116
Tree Life Savers
42
Ben Telephrine
Benefrind Finance
8514 Gen. Pub. Uth,
mounted
to
Benix Aviation Corp.
013
Gen. Tel & Elec
251
S. Habiber
Benguel Cots
Gen Tyre & Hubber
U.S. Smelting
Berlebem teet
10
Getty bit
TD
US Steel
Howing Airplane
4157
Goodrich B. P. Ch.
719%
Barden They Co.
Goodyear Tyre
453%
007,24
Burroughs Add Machine
#114
Great Northern Railway
149.43 2 Amer. O
al
Gull Oit...................
British Columbia Par. 210.03 Pucking Corp.
324
Hand Organ
20
31
Heyden Newport Corn.
Hiram Walker ..............
52
Homestalte Mining Co.
Conn. Future 1'rice
Index
416%
14.12 Canadian Pacific R
Case 13. Ly co
Cat Tractor
Delanese Corp
31
IT. Financial Cra
13
30
Monial Dank
Ms
78
Chrysler Motors
51
485
Chic. Peabody
'
57%
Coca l
M13
4452
10%
Bonds volume $6,200,000.
Dow-Jenes Closing Averages
were:
Industrials
30
20 Rails
Utilities
45 Stocks
40 Bonds
Closing prices
Abitibi Par & Paper Alden In Ay
Algoma Steel Corp
Allied Chemteni.
Albed Malls hav
Alls Phalmers.
Cana Bk. of Cetim.
04.12 C. Strewers
Complet Soup Co
Colina Cachon
Commercial tredn
Human Refrig
Idaho Power... Imperis! Of .... Imperial Tobacco Ingersoll-Rand
Interehmaical Corp.
Int'l Business Machines
In Itarrester pa International Nickel
International Paper
lat Tel & To
John-Manville Co
Kemuecott Copper
Kimberly Clark
Tiket Myers-Tuli. Cu.
Ly Tulln
ויד
P.O
Backlired Aurafl
Loews TOTES
ORIENT
La Star Cement Co.
491%
LINES
Land 1.
07
Lowenstein & Sona
142
McDermott
ov
McDonnell Aircraft
Minnesota Montag
*
Mielun Deyetspavent
4052
Monsanto Chemical Co.
Montgomery Ward
33
Motorola Be
10
Halimal Biscuit Co.
National Steel Corp
s.s. CANTON
SAILING FOR UNITED KINGDOM VIA SINGAPORE, PENANG. BOMBAY, ADEN, SUEZ, PORT SAID AND
MALTA.
EMBARKATION: The ship will be berthed at NO. 5
BAGGAGE:
Nellunni Cash Reg. "A"
Nitional Dairy Prod.
National Lead
New York Central
Noranda Mines Ltd.
Norfolk & Western, Ry.
North Amer. Aviation... Northwest Airlines (Corn) Oklabama Not, Ga On fathieson
bus Elevators
Oxford Paper Co.
Parmant Pictures
PIER, Kowloon Wharf, entrance at facile Gas & Elec. NO. 6 GATE, Navy St. off Canton Pan American Airways Road. Passengers should embark berenny 3. C. Co. tween 2 p.m. und 4 p.m. on Saturday, 28th October, 1961.
Penn. Salt L
y Bloves
Procter & Gamble Cu. Pitsburgh Plate Glasa Portland Gen. Reg.
The ship is expected to sail at 5 p.m. Patiexer Industries on Saturday, 28th October, 1961.
Fullmten
There !!.............. Radio Comparatius
Raytheon
Corp, Pier,
Reynaitis Metal
Should be sent to the Hong Kong Kowloon Wharf Co.'s godown (en-Republic Steel trance at NO. 2 GATE, Canton Road), between 8 a.m. and 5 p.m. on Friday, 27th October, 1961.
SUBJECT TO CHANGE
Agents:
MACKINNON, MACKENZIE & CO.
OF H.K. LTD.,
Reynolds Tobaces
Royal Tank of Canada
Royal Poten
theem AS.
Sears, noctch &
Shelt til Co.
Safeway States Salat Reg. Paper Schenley Inc.
Scolt Paper Siegler Corp, Snetair Dif
Socony Mobil oli
South Puerto Ideo Sugar Southern W. (he)
Southern Natural Gas
SAILS:
P. & O. Building, Hong Kong,
Westinghouse Electric
Woolworth (IC. WỊ.
--UPI,
New York
cotton market
New York, Oct. 24. Cotton futures continued to drift today with little nows to highlight the dull mar- ket,
There
sinali
were some cominission house orders QIL both sides of the market. Prize
smal, changes
were 7 hedging continued light.
110
and
Private reports indicate that no the peak of the harvest is
approaching,
The certicated stock were 100.300 bules with 011 bales
17
491
110
271
75, བwitlt{ht
40
review.
757%
D
כנען
5422
50%
BG
Telephone: 35211/9
Southern Pacifle Ca Southern Railway (Com.) Sperry Ranel Square D
PUER
420%
dowo-
went words in step with Wall Street with Standard Oil (NJ) an ex- ception, up
Loses spread through gold ani damonds mining stücks cased, Tins staged a rally but coppers drifted lower.
Leading oils got clipped for fractions, Shell # pence off 113/3d.
at
Rulabers and teas were steady. -UPI.
21
3
Closing prices
British Government Securities Consulented-- 30%. Converstan~£$24.
3. Saving 1933/63-x), Savinge 1900/79-80 Savings 1985/15-EZET. But War Lom-2345
Overseas Bands 5. German Dawes) 292.
Japanese, Assented-LIM
Bau tautance
Barclays. Ord-778_64,
Charter Bank-17 Canaria Assuranco-dős 24, Engkong Bank-17- Lamel
Luys at wou
Lonard Banking Ord-13 341. Telestial Aspur A-£22-7/10. Royal Bank of Canada-227 Royal Insurance Oritz J,
British Petroleum-418 Ga. Burn O11-334,
Star Transport Ord-13s 3. Royal Dutch-£0% Ultramar Company-375 Del.
Steels Engineering Babcock & Wileux Ord--21
ANSPORTA
Overseas yards
building record
HONGKONG building
tonnage for UK
STOCK EXCHANGE
by
Our Own: Correspondent:
to
Eusiness done on the Hong- kong Stock Market this morning approximately amounted $2,519,000. Noon quotations and the morning's transactions:
Share# Buyers Sellers Seine 350 352 300 340
HK Umi
Lon. Reg. KAFE "Invest.
Wheelocis
TORIT
London, Oct. 24. Shipyards in Sweden, Holland, West Ger- many and Japan were building record tonnage for British ̋owners in the third quarter of this year, while activity in Bri- tain's own yards was at its lowest post- war level.'
Chicago
grain
200 204
27.40
What! Co
330
12.40 12
1000
121
1000
12,40
(New)
13 20
1500
11.50
+
500
12,10
1000
1000+ 12.10
12,20
HK Dock..
121
100119
201
100 / 121
400
121
2003
121
Talkne Duck
01,
65
40%
15
UK Rotel.
NIK Land
407,
$500
40%
1500 405
OB
110000
HOU 10 1035
207] A 7
500
29 00
22.275 12000
J71,
3000 1000 37
24 375
Many sales
profit-taking.
Loen)P. & P. HK HeaRy..
1 Train
KAD
**micronaire" and
Cotviltes Oret
d.
Durmun, Leng-M
Guest, Keen Ord-75 Gd. Hartmut & Wein Ord-17. Metal
d
Yaumati
Ch. Light
73 70
Electric
3114
18
100 37 7253712 12807112
0719
507353
1400 72
1000
361
1000 37
1900 ** T* 2000 L 379
10037
500 vt J 500
3712
OGD 37%
Chicago, Oct. 24. Grain futures fell back under
steady selling pressure to
today on the
Board of Trade.
Chicago
31
Lloyds Report suld today that.
the September
quarter overseas yards were building a tons for
record 782.719
British owners.
AL the end of September, merchantmen under construc- tion in British yards were 237 ships of 1,550,057 tons. Lloyda shipbuilding returns showed. This is 63,205 Iona less than in the previous
quarter and the lowest gure since September 1945.
Tonnage being built here for foreign owners was 42 ships of
A luck of support rather 302.074 tons, a decline of 7.286 than any aggressive sellingtons against the previous three
necounted for the decline.
months,
งง were regarded
In wheat, commission houses sold March, May and July de- liveries.
small
Soybeans manured a gain in initial dealings, but the advance WDS quickly tost. Early buying came or news of large export inspections last
dealers led week. Local
the ensuing selloft.
slow.
Export markets were Japan bought 21) estimated 185,000 bushels of soybeans.
200 v 379
Telephone
(Old)
UPI.
4292
43 100 4242
#000
800 +125
1000 44 42%
(New)
[Ris
40
10.30
300
251 +
42
100 M 10.10
IK Gas
... 21.30 211⁄2
New York
sugar
New York, Oct. 24.
Japan
the
Japan Beaded
list 1,097,420 foreign builders with tons under construction, up: T3,- 515 tons since the end of June, West Germany had 887,119 tons un increase of 2,858 ton and fall of Sweden 803,02E cha 20,436 tons.
The United States was ploged seventh with 576,802 tons under construction, a decreuse of 14;- 732 tonx compared with the
preceding quarter.
Al the
end of September. boy Poland and Yugoslavia each had their bigbest Aguro under constraction la their history, 312,740 lobs and 202,- 168 tons respectively..
under strue-
Oil tankers 20.90 World No 8 sugar future the end of last month amounted tion throughout the world al
1000
$1.49
200 21 30
00 21.20
4.35 4800 67 4.275
24.30
وافلام و
the decline Lloyds said Britain's total tonnage under
today closed two points 249 of 3.048.703 tons which was higher to one point lower up 47,010 tens on the previous with sales of 78 contracts. quarter, Domestic No. 7 sugar closed! 2000 or 4.75 unchanged to four point! higher
with sales of 47 contracts. 5000. 4.30
Casablanca bought 3,000 tons construction in the third quar of Cuban raw sugar for ship- | ter was a 34 per cent'drop tram ment early next year at abouts highest post-war quarterly 2.40 cents a pound fob basis. totul net at the start of 1958 tu This was a new low for the cur- rent move and compared with the world spot price uf 2.00 cents quoted at New York yea- terday-UPI,
500 5015
Colman
4.30
Jardines Cement
2000
Dalry
72
500 354
Textile
0.45
18:09 / 0.20
Nanyang
111%
A. Rubber
XDJ
5 da
R. Trust
7.35
IK Mine
Watsun
4752
1100 6 tie 1900 97 71 47
contrast, the total of all coun- tries fell only nine per cent from the peak set in September 1958.-UPI.
HERMES
3000
બંન
Prices opened unchanged to six points lower and at 2 pm held the same range.
Both New
York and New Orleans futures held unchanged
to four points lower at the close.--UP).
Rubber
Rcx
review
New York, Oct. 24; rubber futures today closed nine points higher with soles of six contracts. Standard rubber futures closed 15 higher fo 20 lower with no sales reported.
The market
was quiet, busi- nens has been out of Thailand. No. 1 rubber spot fer current Punth was quoted at 20 cents
Jn London, the rubber morkel was steady and idle with spot 4 lower at 24-1/16 pence, No. 1 Its spot was at 24% pence.
Amsterdam. ine market
In
was dull today,--UPI.
Exchange rates
Iainers
was done in the oeni ficial ExchBAZE TSULTATUE 1 The foliewing
of Wa
Stewart & Lloyds Ord-90s G Summers A Song Ord-12 Cut Tube Investments-371 3 United Steel-3 1. Vickers Ord-20
Electri
Assor, Elec. Tantustrles-391.
Television "A" Ord-za D, Armingung Semnele Brit. Electranie Ind.-30 3d. Brit. D. Callender Ord Elec. Mun Industries-35 30. English Electric Ord-27 1. General Electric Ord-24a Del- Philos Tamp Works-£102. Rediturion Ord.--30% 16%d.\
Industrial
Anne, Portirutal Comment --the 7126k Boardman Minrden Ordel.
Ord-37 Gel.
Deer Rubber Ord-25
1tanlop
Ord-33% it.
Calman (Betting Ort,- 31. International Computers-89. ad. Turner Newall Or - 4. Unilever
E Ord-55% Chilent Imperial Cereals Ord-138.
Ord- Gif. Monsanto
Cinemas & Television Armer Bell. Pictures-411941, Bank Organismilass, Cert-200 Kil Stoll Theatres--65" UL.
Pauer Howater Paper Ordotis 19. 1 Fat Race Orr-151 Gd. Reed (Albert E Ord Sucers Ord-IN Dd.
Tobaccus British-Amer. Tab. Ord-879. Carreras "B" Orti-A 11. Ierini Tohneen Ord-67% 21,
Motor
British Motor Ord---134" 18. Hawker Siddeley Ord-20 14. Jaguar Cars Ord-1133 19. Halle-Itoyer Ord-dus 7. Westland Aircraft-16s did,
Textles Bradford Dyers'—129 pd. Calico Printers' Ord-11n DA. Cort af d
& Staldwh-104 | Courtauld Fice Spinners Ord-225 31.
Ord=40s 4790.
sarasure travering
Distillers Co. Onl—aky tyd. Guinness (Arthur) Ord-3fa du. Ind Coene Ord-14 1913.
Stores
Fitch Lovell Ord11.
Great Universal Ord-bis 60, Geral Valvereni "A" (7475
House of Fraser Ord-35%.
"A" Ord-61 101.
Murks & Spencer "A" Ord-991
Tate & Lyle Ord-455 Bu,
thin
I
95 dollars per si Sterly rates (per £1 Australian ones (per £1
073
101.
1:5.713
$2.62
Ivon
Japanen (per 100)
1.412
Cambodia el per 100).
.75
06.
French new franc (per 1.. 1.11
Brazon cruzeiro (per 10).
1.60
Argentine puro (per 1001
5.20
Kurean hwan (per 1,003)
0.00
34.
5.03
1 ra per 1,000
Chinese 3MP (per 11, l'aiwan yuen
per 10
That balit (pur" 1831 Burmese Kyat (per 10) Pakistan runre "(per, 191 Mand painea (per 1 Norwegian krone (per 1901)
Philippine peaty (per 1). Singapore Strnity (per 1 Swies trone (per 11
1.11
Netherlands guilders fper West German D-Mark iger Clilian pea per 1
AMERICAN
STOCKS & COMHODI
WHEN
SELL
United Drapery Ged-451 3d Woolworth (FAW) Ord-30s 34.
Ascellanectin
Bowmaker Ord-134 Orl.
Brit. Cortmonweal Sblir. Ord-34
Canadian Pacific Ord-$435.. Cunard Steainshup Ord-15¢ 64. Forestal and Ther-101 100. Parmens Withy Ord-92% 41%. Hongkong & China Gas--24. Hudson Bay Co.-2-4-7/10. Indo-China Def. Circmilar da. Land Securities Or:l-275 Bil. P.&O. Stentu Nay, Def.-31 94. Channel Tennel-28% 30,
Amrits
Angio
Corp. BA-13tx ad.
Irl Sauth Arlen Co-m. Bertian Tin fnvestment-10: 01. De Herra Def-135% 74. Free Stain Geduld92 6d. London Tin Corp.--16s 4d,
Mount 13.
Petaling in-R
J
President Brand-
115d.
Band Selection-4h.
Tiradesian Anglo-Atzer
Ord-01
"Phodeslan_Selection Trust-Ba Siye,
hokana Cord
in Thule (Bearer)-39% pa.
Hona Antelope Copper-n 19ặct.
nubber & Tr
Yesterday's Closing
COMMODITY PRICES
FOREIGN EXCHANGU
NEW YORK
Closing rates:
Canada
England.
10-days
90-day Others unchanged.
COTTON
NEW YORK
Closing prices all in cents per
Ih.!
Spot: 36.03 nom; Dee: 3101: Mar: 9.42; May: 33.003 July: 35.71; Oct: 97-1/10 13 Dec: 35-32: Mar: 03.05.
2.00 1.2005
23040
wwwUPI,
METALS
enoilasto meitalo
NEW YORK
Closing prices all his cents per
100*
WHEN UUY
Brush Mines-271.
Carrallon-5 114.
Welkom Gold Mining-13 36.
Ireau,
West Hand Hivestment, Telist—438
Wanterns Holding--1134 Del.
Nov.
Zing"
Bouthern Malagan Tin-201
Out,
Nov.
Anglo Indonesian Plant-in 444. Ceylon Ten Ord-201 Imperial Ten Ord-191. Kuala Lamar-Kepong-Je. Lambak Rubber-fis do,
COUTET,
Nov,
Heuter.
Closing prices, all in sterling
per long ton,
Take the effort out of typewriting. Learn just how easy it really can be when at your fingertips is a machine that is so simple to use and yet has every feature that the skill of the Swiss can provide it's a joy to use.
Bole Agents:
O
paillard product
J. H. TRACHSLER (H.K.) LTD.
Offices Showroom: 1801 1803 Takaising Housa
Tel: 28121 (8 lines)
TECHNICAL
ANALYSIS
On Stock Trends
Neemrch Deps. PERENNIAL TRADING CORP.
910-410 | Edinburgh House
Come Kont
TORREMO, DETIL
...
Agreed merchant
rates
West (terman Doulasætriarka maximum solling, düm,
Tin pat Copper mot morith Lead Spot
3-month Zing pr
5-month
S-month
10.00
14.11
30.20
20.80
NEW ORLEANS
Closing prices all in cents per
1b.:
Spot: 33.15 Dec: 34,77: Mar: 33.52; May: 53; July: 35.81; Oct: 3435.
LIVERPOOL
LONDON
Closing prices all in pence per
No. Ren spot
24-3710
Buttioment home term:
24-2
JJan./Mar,
Aprune
July/Lepi,
Oct Dec
Generat markets, t... husky
Nov.
Dec.
Patate crept, Nov,
thick .Nov.
AMSTERDAM-
Closing prices all in guilders
per kilogram, c.l.f, Oct.
No, rubber,...
No. Frubber
No. 2 rubber
Closing prices hil in pence per No. 1 repe
1b.:
American Contract
Oct: 230: Dee: 2449: Mar: 24.03; May: 24451 July 25.00: Oct: 24.05 Doc: 24.03.
Mixed Contract
Oci: 21.39; Dec 14.00; Mar: 28.15: May 25.75 July: 20 Oct: 20.00% Dec: 25.03.
-UPL
RUBBER
2.19 butes%
2.10 buzeTA
2,14 buyers
11-UPI
SUGAR
NEW YORK
Closing prices, all in cents per
Contract No. 8 (world) '''
May July Sept.
Oct,
spot (World Average),
Chen
NEW YORK Rubber intires diosing prices,Total daten: 15 contracte.
en Interest: 084 contracts.
Contract No. 7 (domestlo) (22)
Mayer Roll fall in cents per lb.
FX Bandard
Nov.
29.14
- 1956
Mar.
sto
23.79
20.00
May
01th
Mar,
July
May
21.10
16
7%
Judy
Sept.
20.10
Opini Instefeit; dis contracts,
-UFIT
HOT.
20.15
UPL
21.30
Aprite-(Baik, duty banay
Total Baleri 47 contracte.
LONDON
2,00