Pagë Z

PHILIPS

ARGENTA "K"

THE CHINA MAIL, TUESDAY, DECEMBER 19, 1961.

Prices improve

MUSHROOM LAMPS Spotlight on big Mixture of gains on small

*Smaller - Smarter – Kinder to the eyes

PHILIPS

GILMAN & CO., LTD.

PHILIPS LIGHTING DEPARTMENT

MADE IN GERMENT -

-ADE TMN GERMANY- WADEEN GERMANY |

MADE IN GERMANY

take-over bid

Imperial Chemical Industries set the market agog yesterday with news of their bid for the Courtauld textile, chemical and paint complex.

For K however, thr bid losed easiness and the stock! was clipped ton lait of 3/3 to 55/9

The statement from Britain's biggest Industry sparked a rush for Courtaula- which shot up about 10 shillings 40 shillings

on the lid tumis

Courtauld later rose 8/3 high- er at 38/6.

Othe textiles were elined timev are i atud elsewhere the aulside The GPX

stinks

1.

Gold mines

Fike mines Rechnet O T- ports a disturbances in South Africa, Western Huldings plunging more than 5 shillings. te 123 6.

Falls elsewhere also ran INTER shillings Cuppets gave : 4 A start and drifted, but fin~ Imped

Shell injected life into a quiet ol market jumpaig 4 shillings news that the stock split had been approved for December 25 Royal Dutch improved in Jay

Kym.

The Gos situation hit Les

bul stares

some rubbers

frmedUPI.

Closing prices

Y

06/76 71-3/18 Hawk Suki 22/17

4. Vic 03-131 Jug

* WAT

52 Royce

SEAN BONDS TEXTILES

5 Austria Bratford

i77/80

$ Jan Ass 153

BANKS &

fa

Danis

ilk Bank

BREWERIEN Dirt2 GUTTERS 28/3

and losses

Stocks closed in a mixture of gains and losses today, moving slightly lower in the averages on moderately active trading.

NEW YORK

IN

Aleres

Was the

outstanding Dive chip. Showing Akh of ily 3% 1 president scheduled to address the sreuniv aralysis of New York later 1h dav

Other poivolal highlights were Owens-lings and

Johns- Manville up better than a point, and General Electric, American Telephone. General Foods and From Carbide down

ו !!

ניז

of 1.307 issues, traded. were higher and 857 lower.

Today volume was 3.810,000 shares

American

exchange volume

Closing prices

AT&T 1871

נוותות ונG

441

NI

Seth NG h

Paxo South Hal

Owen Oxford Papes 49, Pacific Ga JÚA

T399 Pac T & Panam Parimat Parke

Pensali

Perny {

211

اله الا الله

Pepal-Calis 50

Philip M

Panklykoko

volume

The market was firm this morning, although busi-

ness was again done őfi á reduced scale. Hongkong Banks went up for

the third day ruaning, closing at $366 this oring. This was

$6 gain on yesterday's cluse and !

u $4 Kain un yesterday's bes!

ang price.

Sperry Rand 23*. Squar

Stel Dem

gwift S

29

381

109

574

*152

411

Warner Bros 83 Warner-1. 8914 West Un Westgns Air 24% Westghs El 374 Whn-Dix 303% Wolwarth 1/1 $5. Zelt

The

Were small 1280 ii

Taikou nt $791. Lands at $74, and Dus ut $7415 each moved up

most of the other shares

The two Electricity companies remaned steady Docks Were among the ex shares that de clined, closing at $146. a inss of $2.

The

HONGKONG

This morning's quotations and prices were;

31. Loan

190 308

Lon Reg 6284 E Ael b234 A lov NK & FF

Inv

Phone

Chel

200 381; 30038 500 38

142842*. 500 $21 500 421 1800 ge 421, New 6401

(504014 b20 10.70 2016 20.30

New York

cotton market

New York, Dec. 18. Cotton futures today see- sowed narrowly in another session quiet

when traders become less in- clined to take a position before the impending long weekend Christmas holi- days.

13-

After moving within n point range, the market chanced off four to up five points The market opened up seven to off 14 points New Orleans vos d off four to up five points,

Some selling in nearby March Was coupled with indications that raw cutlun exports this seo- Bob may fail well short of sone earlier estonates

Exports for

Dee

season

1

1

14 totalled 1,937,416 bales against 2,007,300

<9.20

Ba

74

&2:

200 20.40

1

Wharf

2

1000 201

through

W lock

Cla

1.12.2012 30

10 85 63 $5 2000 5

500 m 12.20

THE BALTIC

EXCHANGE

Duck

Tarko

3000 dhe 2014

2600 12.20 Ewe 2000 : 12:30

146 247 400 146

b7334 400 73 1900 73

Ceta

1000... $325

4000000 b24 23

35 23 40 500 23

502340

120093

168 08 1000 88

200 881y

34 83812

2500 30

WAIBON 657 638

<

Prov

028 629

Dary

むしの

400 43

Tex

800 43

N'yang

A

445

Stand Binds B7%

Standard

3

$1

い。

d islat

54

5473

NJ

Phizer,

1112%

Sukeley

Pilisbury

201

Ster Wel

49

Pitney B

521

Studebak+}

10

Sunshine

13

Pittsburgh

63h

49

Proctor Gar: Ms

Tenu Gas

24,

ням

Техас»

Pullman

Texas sti

Pure Chi

34

Textron

201

approximate montag Turnover was

$1,650,000 com- pared with $1.890.000

the can i trud yesterday

for

Badis C

54′′

Tako!

384.

Ratio C}{ 73

201 Fox

207

Ĥaytheon

3 Carb

123

Repath S

80,

Un On

07

id

Hen

Rexall

67 542

The Pacle

33

1 Alr

42T1

410

Reynolds M32. Tub

UM FRUI

7

Uld Gar

Rheem

tis Gype

Ry! Du

35

US Ba

Safeway

I'S Bach

$1. Regt

371

US Steel

201

Schende

27

119 Stav M 19

Gov

was 2.070,000 shares. Honds volume .350.000,-UPI.

Scott Pap

1n Match

294

[1940

Poloha

5312

173

#mounted to

New!

422

Walker. H

55

Back

DNA BOM

Bears

33

Walworth

714

90 302

Shell

36

30 I 304

Sherator (

an

320 or 306

Siegler (

26

Sinclar

37

Smith & F 13.

GOVT SEUS

TOBACCOS

ACE k

365

E Kindak

10

Sorony

2 Curs! 38 BAT

50/1

Au Red

(4

El Pas

21i

South K 25

a

com 92-1/16

Say

Carreras bigpe

625S

Aldeas A

79

Extermo

21 82,

Sertly C

62-3

65/45

All them

Fred

640X

90-8/10 MOTORS

All Mills

4

Fun Fin

27

(3/71)

BMC

15,33

An Chai

10

Ferry Corp

Abold 252

1246

Alton Am

Fibreboard Fitrul

F

24%

95/9

An All

Firestor

40

Ani Stecte

491

Ford Maden

1123,

130 An

761

29

HONA

Calico

11/5

Ar

EL W 12

Costa JP.

4/12

Au

L'or-

And Mach

39

Fate 32 Get A

Gen Fier

1621

593

Gra

Druids

3%C

Ar Metal

47

Gen

Mestiary 36

INSURANCE

86/6

Fine Spon

(ar Bh

53

Lunes

51/102

18

Cott

205

50,70'

Ar. N Cas

32

Cen l

361

Am Photo

627

Gen TF)

20

Aw Smelt

31

Gen Tyre

Getty Ö

111

37/€

An u

103

Gilden

507-

Anyxx

20

Goodh teh

121

12/

Ind Coope

Watney STORES

15. 100/3

Anuraida

Goodyear

422

Armen

Great Ry

43

ADINAR

Gamus Al a

But Lawa

147

Gulf OH

Ball Olur

Both Iren

142

Ong

30

52/10

Breclinat

HA

Heina

B3,

Heyd New

1010

Ben Fin

33

Bl

321,

72/301

Benguet

1.

Homestaka

10G

Beth Sil

4144 Hussman

50 175

48-3

Blas KX

37/ Idaho Power 374,

Utd Drap

40/19

Bin

54 Ingersoli

851

Woolworth 61/71

21/3

MIS LANEOUS

P:

Inland

40

40/41

Bonnan

22

Interchem

31

B'maker 12/10

Burroughs

477

IRM

576

303

Bri Co-

2

390 74

G Ker!!

75/6

Call Pack

32

H Woll

14/32

ahip

28/-

Can Soup

แล

lall Paper

30

500 a 14

CPR

44

Stew y de 37/-

Can Brew

582

fith T&T

20 74

STIM

Channe

24-

Scuters

44/3

Op

25

Junes Lough

73

Tube Inv

CNY LAR

77/4

13

CULTIVT

427:

Kentecol!

81A

Cubard S

14/412

Kern Land

77+%

3/8

Case ('0

57%

Ротенц

8110

Kimberly-C

812.

WON

for Jamary

with Loading 29-February

Y'L

b:25 128

400

27

Caterpillar

Furness W

28/9

KVP Paper

381

Celanese

KA

HK Ga

23;-

28/3

Cenco Instr

Liggett

89.

Link Belt

47

Huston B 4-3/18

33/1

Chesapeake

Indo-China 1573

1.ly Tulip

44

Lin Sev

& 58 Litton Ind

100

2378

22/9 MINES

24/4 Final

Chi yuler

Lockheed

47:

$72, Lone Star

**

JP

Ang US Bult St

130/8

Cluel

17 Lillard

In the east, a nice shipment of 3.000 Uns was arranged from Rangoon to Ceylon at 43/- and maize from Durban to Genoa et 56.3

500 30 800 À 294)

Eles

b381 38

she

h

100 39

Af 56/9

Corea Cain

183 Lowenstein

14

ColRA1+

54.

Mallony P.R

6714

17/0

42

Oona Zine

Colum. Pix

De Beers

150/-

Cor Engin

53/4

on Tin

1579

3/4 Th

2. 30 Camini Credit 54,

4

501

6473

16/1 Petaling

01/6

Thinkop

29/1

L'obin Edis 47 Cons Express 155 Con Can

Rhod Angio-

Froms Climan

33/

Com O

SE

Monsanto

141 31%

U's

56/3

Corn Glass 192

Montecat

32

4/0

Rio The

442/432

Crane E

Mont Ward

327

3;.

Crown Zel

590

Motorola

83

Not Bise

01

Cub Am

13/9

Nat Cush

136

18

Dayco Corp

Na Dairy

74

15

48/1

Deer C

૧૦

Nat Dis

20%

Nat Lend

Del Huds

2:46

Dam Alk

6422

Null St

94%

16/ RUBBER

&

Dia No

51.

NY Central

18

TV

TEAR

Distillers

41

Norfold

2%- Anglo Indu

4/-

Douglas Air

West

1022%

8/42 Ceylon Tea

13799

Dew Chran

12

North Am

Imp Tea

[02-

Dreseer

28

AV

239

Northwest

29

442

Duquesne

3

Okla Gas

East Air

244%

76)

Lantsled

14y's

Lurd

A

32/3

Fraser

121/6 Lyons A

MONT BLANC

Nat & Grind 32/9

28-3/1

Prud A

By B Con 2014 Gunder

Hyi Ins

01.

Brit Pe:

Burnah

See Tra

Hy Dutch

46/10 Gussies

35/3 Houst

13 M Spen A

Miramar 2/14 Tate Lyle

STEELS

ENGINEERING

Bat WI

Corvilles

D Lung

EMI

24/8

Utd Stee

Vickers

ELECTRIC

Ass Elec

Ano Tel

Brit D

Eng Eler

GEA

Plus

Redifunto

58/10

18 Brit T

(ex capitalisation)

INDUSTRIALS

Aus Cer

Board:านเก่

Borax

Deceu

Wigs

CHEMICALS'

40/42

31-

49/

76/3 Rand Sel 41/3

Rand

Beats

Monsutto CINEMAS A Pix5 Stoll

PAPER Berwater

De La R

45's KL Kepong 2/9/

02/0 Zambak

-Reuter

Spicers

37/6

The

Ideal Gift For X'mas

Int Comp

108/3 Ron Anl $/1

Tum New 58 Union C 59/112

Unilever

47/11 Welkom

46/0 West

28/8 Went Hoid 123741, 45/7, 5 M

SOLE AGENTS:

WILLIAM S.T. LEE COMPANY

OBTAINABLE AT ALL FOUNTAIN PEN DEALERS & DEPARTMENT STORES

Yue Hwa

Betdix

Borden

632

י 37

Int Nark

Columi Carb 70 McDermott

Sugar

Diamont

London, Dec. 18.

42 Chartering in most tradet

slew has been Baltic Exchange today.

Medone Air MGM Minn Min Mission Corp 40 Mission Dev 21,

Mesabi 48

EMPORIUM LTD.

149,183-159 DES VOEUN ROAD, C, HONG KONG TEL. 44-4928, 44-4927, 44.4159

GRAND SALE

KI SHQ

Arts & Handicrafts less 15% - 60% Chinese Dolls & Toys less 10%

997

Special recommendation: Electrically operated Lotus Fairy The dance of the lotus flowers when they become fairies $15.- nett.

-

34" x 72" Damask Table Cloth Napkins 1 sel

6 lbs. Crepe De Chine Embroidered Scarf Bone Spoons: Large

Small

Bone Letter Openers

Bone Necklaces

Silver Pepper Shaker

Silver Tea Set

20" Blackwood palace lantern

Gents' Gaberdine Weather Coat with woollen lining Ladles'

Business

500 OF 495

573 74

1.30

425 $3

15373

on the

800 or 74

400 74

100 24

included

#

Bulgar

Realty

to Jupan

..

04 2.03 2.078

New

Trim

on the

141 EL

1050 41

(runi Cubu

Hist

b0.80 a10 4i Bubb

b6.05 $5 10:

3000 6 BOUGI & DS

R Trust

P&P 10029 1. Craw

aboard the Rio or substitute and charterers agreed changed rate of 92/6 for March- Bun Apri loading.

The Chinese fixed a

10,000-

fon cargo of dates from Basrah agreeing pounds 26,500

Chinese coast options.

وناش

Goa situation

The situation in Goa is claim- ing the &ftention. of many bikers and owners

and there

with undoubtedly be a reluctance on the part of the latter to ac- cept cargoes from this country. weeks. during the next

JUN FIXTURES: Basrah to What- Tsamkong range. Amazon 10,200 tons dw.. 499,000

January 29-February 20, dates, Jumpsum pounds 26,500, ption Shanghai discharge pounds 27.000.

bale,

North China discharge pounds 27.500, to and stowed with 19 days purpuses

Rangoon 1

Ceylon,

vessel.

3,000 tons, 5 pe cent, rice in

bags, direct continuation from January 137-, two Doris dis- charge 2/6 ent Lira, fio and stowed, with 500 load/600 discharge.

Durban to Genoa, La Sierra (motor). 12,500/13,000 tobs min-max,

maize in

bulk, January 29-February 12 56/3, with 1.000 load at current rate 1/1,000 discharge at current rate, TIME CHARTER: 'Celeste'

(oilburner), 4.025 tons 212,000 bale, 11 knots in 18 tons fuel oil, six months trading, delivery West Indies, January- February, lumpsum pounds 18.000 per month,-UPI,

14000 - 2015 Inti

174 4

200 in 40 2900 39

F

Inv

bc 30

637 38

190037

12.30 12 40 2100

1000 ₤2 30

Vihre bis 20

6472 4 7 190 200 10 30

U'writers CH'te b37 S Ferry Mine

Metal 12.40 Macao b13.80 Ainoy b45 Waterbost

b39 40

J. Cumeol

640x

Exchange rates

$14

6244

4

a

bules reported for the suite period last season, peording to The New York Cotton Exchange. The workly crop summary

of Trading

bk1l spot AFI weather in the Memphis terri- tory last week was very un- favourable with harvesting operations coming to a halt.

Fields in southern sections of Mississippi and Lousians were reported standing in water. Elsewhere, continued rains also stopped harvesting in the south- cast and sections of Oklahoma and Texas. UPL

Statement on decimal system expected

London, Dec, 18. MI Selwyn Lloyd, the Chancellor of the Exchequer, is expected 10 make

b state- ment his week on the idea of introducing a decimal currency for Britain before the House of Commons

adjourns for the Christmas recess.

The

political

of the Financial

mented today:

"Mr Selwyn

cnrrespondent

Thres

cum-

Lloyd, while encouragement

A Wilch Lo

not ez-

pected to announce any spedy

change...

Burgess was done in the market unofficial Probangk morning at the flowing rates:- US dollar per $1)

local

5.488

Sterling notes (per 1, Australian notes (per £1 Japanese yen (per 100) Cambodia rlei (per 100) French new brane (per 1; Brozen cruzeiro (pay 101. Argentine peso über 100: Korean hwan (per 100;

akan ra per 1000 Chiness JMP (per 11 Tetwan yuen (per 100, Thai baht (per 100 Burmese Kyat (per 10 Pakistan rupee (per 10, Macko pataca (per li Norwegian krone (per 10, Philippine peso (per 1 Singapore Straits (per 1) Swiss franc per West German D-Mark (ne: Netherlands gulider (per

Cuba peso per 1)

15.83

giving general

12.81

โน the idea vẨ

154

decimal

currency, is

114

20

3:30

4,00

"It seems that the

Govern-

9:30

D

130

ment is expected to seek more Information about the cost of

28.50

5.00

171

7.70

case,

0.998

9.70

1,25

1.81

long period." China Special

1.91

1.84

144

0.80

UNIT TRUSTS First Hongkong Fund: $1.13 (buyer) $1.21 (seller).

Second Hongkong Fund: 89 cents (buyer) 85 cents (seller)

AGREED RATES

West German 596

Deutschemarks

COMMODITY

NEW YORK

Closing prices all in cents per

Spot 14.45 nom: Mar. 34 20 May

34.79 July 34.45: Out. 33.45; Dec. 33.49: Mar.

May 73.88 POOL Closing prices all in pence per

American Contract

$15.00

54 x 72" Cotton Table Lace (Hand Mode} 38" x 36" ECera Embroidered Table Cloth

Made)

12.00

(Hand

1 set

6.00

6-lbs. Fuji Silk Drawnwork (Light) Blouse Sleeves 10" x 10" Cotton Round Diles (Hand Made)

19.50

COTTON

1.80

2.00

0.80

0.25

ib.:

0.80

Set (4 pcs.)

1.10

58.00

(5 pes.) (usual) $88.00 Now

110.00 lb.:

54.00

85.50

24

Reversible Caberdine/weather-repellant Poplin weather cout

66.50

Gents Fine Cashmere Sweater

112.50

One Dollar Packet-Practical use (worth $1.40 up)

---We regret to advise that the raw silk shirt at $5.- each are presently sold out.

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METALS

NEW YORK:

Closing prices all in dents Þér

Zina Dot! 16,76503271870.

The prices we advertised in China Mall of 15th and 19th Dec..äre. nett, all other Arts & Handicrafts .... less 15% to 60% and Embroideries, less 10%-20%,

American

Contract Dec. Mar. 2470; May 2530; July ma Out. 24.001 Die, 26.801 Jan. 14.80.

Mixell, Cöstract

Deo, 24.00 Mar. 25.10: May 23.00)

40.70: Det. July

23.30 Dec. 23.30)

Copper Deet 29,70; 2011 (29798.

LONDON

Closing prices, all in sterling ber long ton.

Tin Spot: 95046 8šiju; 3-merith; Copper Spot: 2306 230149; 3-month Bib Bib.

Lead Spot: so de; 3-month: 8zb 08.

Zine Spot: mi4b 12164; 8-month: 73% 73%8

DMONY

FORCICA

NEW YORK Closing ratedz

$8107; Belgium:: 1501 Holland:

2020110:

Nom

a change in the first place and, the operation

any

would be phased over a fairly

Mail

Metal market

London, De 18. The tin market remained

steady with quotations marked higher. Spot rove ne point and three-months 4 to £9524 and £982 respectively.

Copper prices staged a modest recovery today with cash Anishing around 15/- up. Lead and zinc were Brmer.- UPI.

PRICES

RUBBER

NEW YORK Rubber futures coline orlees,

all i cents per b

May: 284 7aly-171.95 Sept: 27:00: Nov. 37.90 Jan

SINGAPORE Closing price all fissiraits

1

+

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