1958-12-19 — Page 9

HONGKONG STOCK EXCHANGE

Our Own Correspondent

Business done on the Hang- .kong Block Exchange this morning" amounted to approxi- inately $440,000. Noon quota- Hons and the mornings trans- actions word:

Shares

DANKS

THE CHINA MAIL, FRIDAY, DECEMBER 19, 1938.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

MARKET BECOMES

HPC Back Lombard Union

Providrut

26.806

---$1.20

og

Dividend Vield }

* The

Share Market At A

Glance *

Nov. 20 Nov, 27 Dro. 4

Deo. 11 Dep. 18 Up or Down

740

7456

786

Bod

8021

+ $2.50

事业白

5.08

27n

270

271

270

52

7.78

73%

725

7130

70

71

+$1

$3,40

4.8

Wheelock

6.30

5.35

8.55

5.70

8.65

75c

18.27

Bayern Seks

Sales

UK Whart

85

Obs

$in

94m

0434m

+500

60

9.57

IK Dacks

43N

42b

49%

4974

443%

+760

158

17.07

12

11.00

12

11.00

11.00

steady

$1.10

9.24

Baisk

2) P BOU

ID 00

HK Itotein

21.30m

21.10

21.30

21.00

21.60

-100

52

52

9.52

30 F 40204

HK

Laide

301

30

30

3014

301

stendy

$2.40

7.86

21K Really

1.30

1.35

1.355

1.975

1.4D

+2150

150

10.11

混

HK Trans

28.40

25.60m

26.30

20.10

26.30

+200

$1.90

1.22

Star Ferry

107.

You settin

1011

ня

106

104b

1036

---31

39

8.74

02

83

36

17.18

16.30xd

24.&U

24,20

18.30 24.60

19.30

-30%

31.10

24.00

$1.90

7.05

23.70

22.00

241

sirady

$1.73

24.70

20

26.10.

+10c

33

11.49

15

15.60

15.80

10.40

10.201

200

$1.80

12.40

12.60

13

18.10

18b

~~+100

7.00

13.40

13.40

13.50b

44.10b

14.20n

+10<

$1.50

10.58

úb

5,10

ᎨᏂ

6.30km

5.20b

106

GBC

12.5

4.0250

4.05.

4,025

4.05

4.0250

-20

250

0.31

D

9446

0.40

800

8.31

4n

3.85m

3.851

7.05

7.05

7.100

3.85n 0.80

3.45b

6.40xd

--400 -200

400

17.04

800

12.3

INSURANCES

Iubir

Däcks, Bre,

Dock

Purvident,

TO)

44.50 -40.25

570

* 1963 258

Oh Light

Electrics

1K Telephone

G. I. Cement

Dairy Farm

8 Watson

Lane Crawfurd

In Investment Allied

A

1100 12.20

1000

LAND, LTC

145 #te

21.03 21 TO

JR Land

30 30 50

100

1000

Really

1.40 1 DO

05-00

RUBBER Amalg.

1.875 1.721 3030 N

1.70

FE lay

T

1.80

Toxike Corp

200

100

A nnoli

2.30

Nanyang

UTILITIES

from

20.36

500

20.40

THE TALLY

1000

20.40

143

500 up

200

Star Ferry 100

Younal

<

Electric

Macno

D50

15.30 20.40

24.00 2400 414D OF 24.00

115

Telephone 21.00 24.0

STORES, ETC

Basry....

1 ne. (raw

MISCELLANEOUS

1000 24 24.10).

200

250

14.10 1020

Watson

12.00 13 20

13.00

COTTONS

*Fox Li

0.45

Blert

14 કી

2009: 10.10

INVESTMENTY

An inve

4.20

1

fweet,

4,40

2000

9.50

[CITY LIGHTS

на

93 16.00 26 241 20

Last week. 18 higher, 3 unchanged 4 lower. This week, 8 higher. 3 steady, 14 tower,

Commodity Prices

RUBBER

COTTON

שמיני

LONDON

rubber

market

barely strady with spoil qurbed

it 24 pencv pe 15. Prir

11 bemen

Hex & Rodn

Jan

Mar

JAM

April/June

Jaily/Sept

Oct/Dee

Gebetul Murivets, en bois, prato

Dex

Jan

Fett

Estate prepr

The Jan

Thatch Jun

C'ution

LIVERPOOL

future

peter per ib

American Contract

Der Ja 2220 Mar April Mars/June

22 19 July/Au

Oct, Nov 20 35, Jane Jan 2035

Deat

Mixed Contract

H

IPL

2275

21 18:

Mar Apr. 22 55, May June 21 July Aug 21 05: Oct Nov 25. Dee Jun 2029

NEW ORLEANS

24-24

241,2

244-243

242 241,

242-207

23 yea

20-25%

Prices

{

Jistia

102436

closed tulay as Suffer-

Sput

73 75

Mat

July

144

De

Mar

May

--Dash it all. str. ali These anxious questions concerning my personal Integrity want to maTTY your daughter, not ruise a

bank loan/

SINGAPORE

higher on K an set was Ex-11°

Fige expected overra anfyrers end steadient further pound laver grades, inquiry. Nombor per il Jon

Russian Contract For U.K. Firms

London, Dec.

18.

The Dully Worker, orgth of Britain's Communist Party, reported from Moscow today Bussia hus offered British tras £12,000,000 contract to build three

the augor refineries in Soviet Union.

The Worker sald the deal was the first offered by Russle to Britain under the new Seven. Year Plan. It would be the biggest

sce Britain wom

to bulld contract

les the ago.-

£15,000,000

a rubber lyre factory

Ukraine

U.P.I.

months

No 2 rubler av 1ts

Feth Jon

3-

20

No 3

No. 4

no-00's

{23-03

Zitonbet crepe

74-70

No 1 Bale ¿repe

0416-801

Spot rubbet tinklel

AMSTERDAM

The rubber market was rule!

y with quotations

6. T

METALS

B.G 9.75

WALL STREET ADVANCES ON WIDE FRONT

New York, Dec. 18.

Stocks advanced over a broad front today, fell back from their best levels and closed with gains sufficiently large to leave the market in new high ground for all time.

Montgomery Ward

Anmerkan Telephone at one Lone Star Cement Cu me up more than four points at a new high since 1930, netted I three point

the session feature the market in fuggeves

Aircrafts bed a period of good demand after an early derline. The soup closed irregular with General Dynamics up 244 and

52.40

31 42

Bendix Joints

I

TORLIGN EXCHANGE

NEW YORK Closing rutes were: โดมนอ Eugland

flai 30-days

day

New Zealand

South Afrien

West Germany.

Argenun

Otters unetanged

LONDON

Closing: rades were New York

Mutual

Amsterda

Br Frankfurs Par

LONDON Ps of metals closed! 1 sterlang peT long to follows

Buyers Sehers

i

T:

Spol

-menta

2011 750 750

760

220). 220

3-4:

21914 2199

Zurten

Lead 200 bat

D

722 72

เม

22

72

Zine 2 but

Dec.

75

tipper

Sport

Mor.

It's SAFE to SAVE

with

LOMBARD BANKING

more

That's why more and people are opening Bank Deposit Accounts with Lombard Banking, whose Group Assets exceed £35,000,000. Interest paid half- yearly at 5% per annum without deduction of United Kingdom income tax.

Send today for your copy of "Bank Deposit Accomi" Booklet No. 40.74 from General Manager

LOMBARD BANKING

Nordica:

LIMITED BANKERS4

LOMBARD SOULS, BURZON BYṚERY

PARK ZAKE, LENNON W.Í

Teleshonaj CAO 4311 (39)

Avesclated Hanni LOMTARI BANKINGCFAR ZAST) LID

~1.0, 201 2×KI, ERDONO FLOOR FIRLATION JOUJE, RAFFLES QUAY KINGAPORE. Telaptona? Aškią

A WorldÁKids Banking and Finance Organisation

Stockholm

Vienla

Other unitsangesi

Aviation

Steels

Republic Steel

down

rosc

1

National Cash Reg

| Notional Tead

New York Cental

Oin Mathemati

01 Eiquaturs

Parle Chus & Elec

Fareast Petures

Pan Amerish Always

Temp Aaft EN

Rustic Curpuration Hepubile Steel

Sinclair Oil

Bucony Mobil Ou Standard Brands Standarel C

of Cal

Standard Oil of ind

Standard On of NJ

Stoep Book (Torento Exgo 1 Studebaker-Packard Corp

Swin & C

three

Texan

postila so iead the steels to higher ground Utilities had one of their bet duyn in many 21.350422 with several

up more that point to it the average

In a new 28-year higʻi.

High priced stocks made wide Specials took the lime- 18-21/32 2000-9/16 Nght late in the day with gains 2009 10

uf four points or

$11 7 40.17/2

severni insta/Weg,

notably Na- 280-15/40 tional Cash Register OIN

higher. Ford Wus

The spot in Railroad shiures produced some good gains most of them outside the average group.

2213 0145

24-2-fi/ 186 2.70-2.2014 199776-10.58

131-130.32

| | 419-31 20

17-401-170035% #78-317011 72 37 +12.40 1210-12184

זי 16.

INFLOW OF

CHINESE TEXTILE INTO HK

London, Dec. 18. The Inflow of textile exports from Ching into Hongkong was mentioned today in the House of Commons by Labour M.P., Harry Rhodes.

China is producing more atcel and coal, he said, and consumer goods are pouring into Hong- kong. The impact of Chinia lo having its effect on such things as the Common Market. With the absence of a policy, things could drift and affect many other Industries besides cotton textiles.

moved

strong

Allied

Ail

Amer

Closing Prices

Chemicals

olmeru

لك

motors.

$ 113!

283

A Foreign

Power

17"

American Metal

23.

Amerten meng

47

229

Amerien Tal. "

001

22:

American Tel & Tu

Anaronda Puppen

Audio Steel.. Arigour

Baltimore&onier

Benguet Cons.

Bethlehem Steel

434

1

Ouu.

Union Carbide

Union Paciile failway

United Aircraft

Gypenate

1. Rubber US Smelling

U 5. Steel

Warner Brun

Westinghouse Bertric Woolworth

41

13?,

113

$1

(10

(13

453

77

1131,

47

ພ..

103

QUIET

Prices Fall

On

Wide Front

By A SPECIAL CORRESPONDENT

The Hongkong Stock Exchango was slightly quioter this week and after a steady opening at the beginning of the week, the lack of incentive towards the end pushed prices down from their highs of last week.

The cause of the salen lan of interest on the market may be due to the approach of Christ-

MAS

The Colto svellon took the hardest benting of the week with Textiles failing 40 cents to $3.45 at a buyer's quote, while Nanyangs fell 18 58.40 after being quoted ex-dividend. The Iwn prices, which are the shares lows for the year may have fallen because of the decreased Textiles interim of Nanyang, fell in sympathy with Nanyangs,

To Harden

Hongkong Banks continued to burden this week closing 41

$802.50, white Untons tacked on

51

The only share to have u gain

in the utily section was Traus

whirla closed at $26,30, a gain of 20 cenla on the week Ching Lagh: last their 30 cents they Electric's gainen Inst Ast!; new issue was being quoted on the market at a nominal price of $23.50 but no bustres has been

den yet.

The turnover for the week

was $2.95 moljion compared with $3.40 Trillion last week

Market Diary

Here is a market diary of the

Week:

3712

12 Friday:

14

124

Monday:

30

cot fursday:

40 231:

Maintained

healthy undertøtte.

/O: $935,000

Ruled steady. T/O: $675,000

Prles nove with- in narrow limits. TVO: $809,000. 202 | Wednesday: Dull and feature-

Jess. T/O: $200,000. Continued quiet. T/O $333.000.

25

A

Thursday:

UPI

CHRISTMAS SALES

FORECAST

FOR THIS YEAR

Washington, Dec. 18.

The U.S. Chamber of Commerce forecast today that Christmas sales this year would top those of 1957 by three to four per cent but that inflation would account for about half the increase.

The Chamber said sales

this

491 year should total $20,500,000,000

30

40% compared to inst year's record

519,000,000,000.

Canadian Pucifte It.

Chryster Mo10s

Colgate-Palmolive Ch.

053

01

Consolidated Elizon

Crown Zeljebach

Cuban Amer Sugar Diarren Alkal Dupont de Nemours

Eastman Kodak General Electric Gemmat Foods General Motora Goodyear Tyn

Heyden Newport Corp. Int'l Business Machines Int'l Harvester

International Nickel

mt Tel & Tel

Kane C. Power & Lapu

Kennecolt Copper

Lockheed Alterati

Loews Incorp.

2012

27

42

The Chamber bald dollar volumes for general merchan ise sales should be up about Ave

2 per cent over Jast December; furniture and appliances should

141

79

70%,

remain about the serne or derline somewhat, und apparei sudes should Increase by three

to four per cent.

##

a

13

4ING

40%

054%

6434

44

than

0014

211

Singapore Stocks

FOOD SALES

Food sales accounted for more

1/5 * lact year'

Christmas sales.

Mutual Fund Quotations

The following are quotations

of Mutual Funds in the United States in American dollars. The buyers' quotations include com- mission:

Mutual Funds Affiliated Fund

Am Mut Fd

They shouldntom Dee aut

Boston Fund

Mans Low Te

be up about soven per cent this Axe Hought i year, the Chamber forecast. It

Bullock Fund also ¿crecast that drug store Canada Gen Fa sales should Increased by about Canadian Find six per cent.

Canadian Int Grow Comwith In Stock The Chamber based its fore- Dividend Sh cant en marked improvement Dreyfus d since June In consumer buying Electronics Inv

Eaton & II. Glock attitudes; n pickup in employ-d Mut Fu mont in the autumn; an increase Ham F C 7 to 314 billion dollars to dispo inalit Growth

Inuit Fou Singapore, Dec. 19. able personable income during fruit Income Mr J, K. Vaugh-Morgan, Brokers today quoted the the third quarter of 1956; and an invest Te Bort Minister of Trado for the Board following stock prices;

increase in personal savings Keystone Cut 13-1 ut Trade, said the most signi-

Opening during the third quarter to Maw In Growth Acunt development in Far East Delu Lintang Rubber Co.

€22,800,000,000 $2,00

compared 10 Nat Seo Ber Crow .. trade had been the increasing rilish horneo. Petroleum

$20,500,000,000 during the same Beudder 81 & C ability of Communist China to

MJ.

Tel Fl TÁ period last year.

Value Ine Fo export manufactured consumer Coated Tin

20/-

It albo mold there is a good Plen Ord. A goods at low prices. The main Toner & Neave Lul, Ord. $1.00

instalment credit potential, and Wellington Fd example had been Colton Francy & Neave 7% CUM

fa 17 per cent 'rise' in Christmas toxtilen.

pre gameons (Malaya) Limited 1.71 savinia club payments this year. Hongkong

Bhanghin

-U. P. I. Bailklär Corp,

0125 Fongling Tin iad, Basuper LİN.'" Kirala Kantipur Th fans Rubber Fristea Liil. $5.00 Malayan Braworden, jud. tlew randal Rubber Es Petaling Tin Lid, Baffin Hotel, China would Aune day be-ingapore Cala litorage ...

#truffending, very largo trading country. On could not expect United Engineers on her 10 be excluded From

It is not easy to assess the motivo. behind these

exporta

bul they nro not necessarily sinister. Increasing industrialisa tion in Chim must lead to lur 49F; import requirements, ho gold.

COMMO

Armisteatoma

7

28/Act

Cre

Anglo-Egyptian Settlement

London, Dec. 10.

reporta

A foreign ce spokesman tere denied persistent of the possibility of an early rylliement of financial prob- Jeans between Britain and Egypt.

For that

Xmas

Gift

Mang gifts--tven expensive once are likely to wear nut, go out of fashion or otherwise become unusable. But this does not happen when you give an ownership interest in

broad

of cross-section American and Conndian indus tries, under constant supervi- ston by professional invest- ment managements.

A

You can do this simply and conveniently by ICATES of mutual fund shares. We'll be glad to offer suggestions wilb. out obligation on your part. Simply stop in, write or use the coupon below.

PEARL MUTUAL FUNDS INVESTMENT LTD.

502 BANK OF EAST ASIA BUILDING, HONG KONG Tel. 38321

Bend me without obligat.on turther information on mutual funds.

Nama

He said: "There are in fact n negotiations in progress be- zween the Governments of the Unlied Kingdom and the Address United Ara Repubile. No sug- gestious have been made for u resumption of the Home talka."

China Mail Special,

P.OBI EA

COMPANIES

PASSENGER/FREIGHT SERVICE

PENINSULAR & ORIENTAL S.N. CO.

LASTE DE

thed 1/1

Outwardy

“PERIA"

"COROMANDEL”Balled 2201

"SURAT

"CANTON"

"CHUBAN”

"SOMALI” "CORFU"

Homewards

**BOUDAN" "CANTON"? +"CBUGAN" "CORFU”

"CARTHAGE"

Due Upogons

In Port

1th January

Salled 8/23

1201 Decanter

20and December

oth January DU TY

10th January

11 January

10th January

Leaves Hongkong

6th January

11th February

Vin Februarx

De London 18th February

14th Jematy 19th February

3rd February

14th FebruRTY 13th March

4th March

10th March 13th Apri

Via B'pore, Pants, Cakmakro, Damopaz. Aden a Pt, Bald.

★ "SOUDAN" extenda ļo Hamburg, Rotterdam & Antwerp, and omits Colombo & Bombay

• “CUUSAN" also calls at Napies, Maravilles & Gibralter.

BRITISH INDIA 5.N, CO., LTD.

"PACHUMBA" In Port

Katla Ann Dec.

"BANTHIA"

the 2nd Jan,

Fall 3rd Jan.

from Japa

Jot Singopura, Penang. itangoon. Calcutte Chittagong

from Calcutta, flanguan, Penang & Singapore jor Japan

P. & O./B. I. JOINT SERVICE

"OLINDA"

"UMARIA"

Better Bayer

7.10

708

0.17

3.41

3.32

9.04

"OZARDA"

17.41

18.03

13.29 14,37

13.00 15.12

17.00 1943

"OBRA”

3,13

14,00

22.45

22.01

4.31

0.50

401

1057 10.00

"EASTERN"

Lad 12.00 24.12 25.in

13.007 14.13

12.43

"NELLORE"

30.00

31.00

13.22 14.03

7,00

11.97 14.02

*

|Aluminium Price

Washington, Dec. 18, The Treasury nunqunced lo- day its decision that aluminium

Exchange Rates mill products from Belgium are

not being said and are not lik9-

- Buslores was done in the locally to be sold at less than fole

*Yeung amcat

market this value. theming at the following rates:--|

2,113

$2.70 $3.79

$0.515

Weesy 21

.....

1.87

UR. dular fuey #1)

$0.70.

$0.05

#teamp.........

world mothets-France-respe Chinta Mall Opepler.

#ourts all

Sterling holes (per £1) Airátralois ajotes (per di) Jockomestaj rupině) (per 103).. Slar teplo ipër 100) inner aurgapore talep|ta)|

0.71

Customs offers have been 16.00 instructed to resume approlaing 12.72 entries of these produdla with- am out regard to any question of To dumping-China Mall Special.

due 2nd Jan. 4th Jan,

Alle

que ard Jan. Balls Oth Jan.

due 15th Jan.

malin 10th Jan.

due 14th Jan. salis 1910 Jan.

from Jap

tor Singapore, Penang. Medras, Cochin. Bon)- bay, Bhavnagar Pore bunder Kandia & Kura. chi

from Japan for Singapore, Dubai, Bestah, Knezramazanır & Karachi

from Karachi, Bombay & Cochin for Japan

from Japan & Shanghat for Singapata. Itombay, Karochi, Dural, Kuwait, Клаггат-

Влаго

nabr

EASTERN & AUSTRALIAN 5.S. CO., LTD.

loage 23rd

B: Ear Labuan, Sandakan.

Brisbane, Sydney, Mel.. bourne & ádelatud

dne 8th Jan. from Australla

10 Jan. for Japan

*

All vessels have tiborty to call at any parts an or off the route ✯ the route & untilugs are subject

to change er smendment with ge without notice.

for full particulars apply to: MACKINNON, MACKENZIE & CO.

OF HONG KONG (1D. Telephone Nas: 27721 4.

*

*