HONGKONG STOCK EXCHANGE
THE CHINA MAIL, FRIDAY, JANUARY 30, 1959.
WEEKLY REPORT ON THE HONGKONG
STOCK EXCHANGE
MARKET SHOWS STRENGTH
Correspondani
Busines: done on the Hong- keng Stock Exchange this morn- ing amounted to approximately $530,000. Noon quotations and the morning's transactions were:
Shares Buyers Sellers Baler
UK Bank
INSURANCES Union .... Loan
SHIPPING
פד
Lombard
Union
Provident
Hotels
IK Lands
HK Realty
IX Tram
A Glance Prices Harden
At A
52.40
✰
Yield(0)
Shares
Gain Ground
By A SPECIAL CORRESPONDENT
The Share Market At
Der. 20
Jan. 8
Jan. 15
Jan, 20
Jau. 29
Up or Down
Dividend
& Bonus
803
815
#10
HOT!
8021/
$B
$48
6.0
26.281
26.201
20.40n
20.4011
20146
As
+100
$2
1.55
་་
726
7214
7244m
72
steady
$3.40
4.2
Wheelock
5.00
5.00
G
5.55
-5.55
strady
75¢
13.5
BANKS
It an
703 001
100
ndo 500
SK Racks
HK Wharf
04140
BOLD
11911
1007
96
SD
0.4
45
457
443%
45n
45
45
strady
58
12.10
12.20mm
12.201
11,90
12
+100
$1.10
21.70
73
204
12 54
0214
23.20
23.40
23.10
-30c
SZ
0.7
2010
3011
30x
30
30b
3111
+$1
7.J
1.45m
1.50
1.525
1,50
1.50
steady
Water cont
2016
27.30
27.20
27
27
steady
18c $1,90
10
1.05
Wheeler.
5.5 5.53
Star Ferry
108
107
107
1066
10TH
+$1
$0
1.4
1030 300 10001 303
5.55 565
Yaumalis
03
93
93
03%
8312
steady
$8
+8.55
C'h light
20.20
18.40
16.20
10.20
10%
+30c
$1.10
0.7
Electrics
24.00
25.40
20.00
25.70
+10+
$1.00
7.4
UK Telephonr
24.70
2514
25.50
25.30
25.70
+40c
$1.75
G.8
45 43.00
300
45.21
a. I
Cement
25.40b
25.00
25.40n
25
25.300 +300
$3
11.9
176 $220
Dairy Farm A. S
16.20
10.30
16.30
1014
10.30
200
SL.77!
10.0
Walkou
13.20
1314
73 32
23 23.20
14.25m
14.20
13.30m 14.30TE
13,40 m
13.00
+200
$1
7.35
14.30
14.201
-10c
$1.50
10.5
244
31.
Int'l Investment
5.201
5.30
5.30
5.33
1.25m
--100
B5c
12.4
26
31 2A
3.00
IC
Allied
4.025 n
411
4TL
4m
steady
25c
0.26
before the Chinese New
HK & FE Inv
04%b
9.760
9.60
9,60
9.60
steady
80c
8.35
Year is an
100
Textile Corp
3.65 G
3.95b 0.60
4
41
3,00
-10c
40
36.4
6.700
6.705
6.75b
+ Be
802
11.85
THE TALLY:
DOCKS, FTC.
J. Whart
Furk
Providen
101...
LAND, ETC.
JK Kate!. 1k and
Humphrova 35.50
Itraft..
RUDDER Analy
1413 1525
1973
2
1000 47
1.05
NBA
10.75
TKKO M
276
A. Taxah
R..
UTILIVIES
from...
200 2.70
Star Ferry 17
Yaumirti
101
10,40 16.50
23.ro n
AND 2140 2170
ז הער
10.75
27.19
24.50
27 2930
31 in
8500
10.43
300 m 500.
200
MA
Mazar 11, Teirphone
3540
ADA C
* C
1500 20
*1.70
10
23.70
Coment
STORES ETC.
WA'on
to an 1056
રાવ ક
14.40
R130
13.50
(N) 234 23.70
CUTTONS
Textiler.. BS 3.95
Nonyar
SBSCELLANEOUS
Vibro
Tat. Int'l.
14.20
INVESTMENTS
5.37
13 -
fi.20
STOCKS IRREGULAR
IN LONDON
Lane Crawford
Nanyang
Last week, 10 higher, 8 steady, 7
lower. This week, 10 higher. B steady, lower,
Wall Street Recovers
Gen. Pub, UAB.
Some Of Its
Gen. Tyre & Rubber
Goodrich . F Co.
Wednesday Loss B
New York, Jan. 29.
Stocks in the first hour of trading today furthered the recovery move in progress at the close yesterday after a last hour selling spree.
American
Exchange Stock volume was 2,000,000 shares.
Dew-Jones closing averages
3
were:
gained at lea Most stocks fractionally and there were number of specials with really wide gains-As much as seven points in International Business which fell mort than 17 yesterday.
Freeport Sulphur moved up 3 points on a three-for-one split. Maytag run up steck
stockholders uver two points London, Jan. 29. met to consider a merger with
the fecht Co. Texas markets made
added generally irregular show. ments altu
there
Stock
ing today with optimism points and
ol
over a possible rise in Stepler, General Tyre, General the bank rate helping to The Goodyear and
some
30 Industsals 20 ralle
Ain. Mach. Fdry,
American Metal
Goodyser Tyre
out.....
Hammon: 0:gua
Homeslake Mining Co.
Interepenical Corp.
in Harvester
International Nickel
John-Monile Co. Kalser Industry
international Paper
Stock Exac.i
Norfolk & Western ty
North Amer. Aviation
13300 Elevatora....
3012
Ply
Rubber
Chicago Grain Market
Chicago, Jan. 29,
Wheat No. 2, red
1920-4
1971
1972 10422-9 j43
1017. 100%
Corn, No. 2, yellow
F1032-1205
40%2
Union Pacific Railway
47%
United Aircraft
United Fruit
C2
Untied as Corp:
40
1240
122
U.S. Oyum
US. Line Co.
*
| US.
US Smeting
331.
ksha Power
10
U.S. Slee)
Ingersoll-Rand
Bo
UR. Steef 7 P.C. ME
BANCİ
Warner Bros.
Int'l Business Machines
Westinghouse Air Brake
Cat
Westinghouse Electri
Western Union Tel. Co.
ગ
119-1
West V. Pulp & Paper
vuls
13.2
Winn-Dixie Siou
42%
Kennecot) Copper
1031
Woolworth (is. Wa
505
Zenith Radis
11,
Kimberly Clark
-UP
tagett Meyer, Ton. Co.
DIN
Leherd Aireraft
Loews IncoŢI
201
Lone Star Cement Co.
34
Lowenstein & Sons.
104
G00.-10
McDermont
. Hay
1113
McDonnel
Alterna
Po
30%
15
65 stuck a
201.37
Mesobi Iron Cerp
60 bentu
26.24
Monsanto Chemical Co.
41
Cum future price jadex
145.30
Montgomery Ward
41
Closing Prices
Motorola Ine.
National Blicul! Co.
537
Allied Chemicals
$U!
National Cash Reg. "A"
Aed tits Ine
National Dairy Prod.
47!
Allis Chatenets
20
National Lead
上12ちゃ
fipot
a
Instru- over three were gains
Americans Cyanamid Co.
Am. Brake Shoe Radio Corp. American Cable &
49
National Steel Corp.
Mar. 10
New York Crniral
ぼうぎょ
Miny
July
A. Gus & retrie
SAYA
4212
Sept.
a połni to two in Zenith,
Am. Hune Prod.
Owen-nots Glass
Oxford Paper Co.
33
522
Union
Pauße Gei de Elec..
€2
Sp
Am. Suger He
201
ແຜ່
Pan Amerika Auwaya
Aicarican Tel &
Paramount Pictures
46!
Apr
(new)
May
American Tob. "1"
103
Penny 36, C.
141
July
Angeonda Copper Armour
Pin Morris
63
273
Pocter & Gamble Co.
Styt
Pubryker Industries
14
Pura O....
441
Ryc
20
Redo Corporate
Mar.
Redio Corp. Pref.
71%
May
52
Republic Strel
73
Dats
43
Sears, Roebuck & Co
43%
Mar.
Spell on Co.
May
Bafowry Stores
30%
3824
51
Saint Rrg. Paper
Soybeans, No. 2, yellow
521
Scott Pener
Spot
Discl
point. Rails were mixed. Norfolk Gl. La Ca
Cat. Traetor Southern Celanese Corp Western and Railway were down around aC IT. Financial Corp.
Chrysler Metnes Clueti, Peatrody
Snelle Mi
229,-
303
BATA
Brith, Cilne & Frenc
10307
May
726
AT
Seconỳ Mobil 01
60
July
2009%
Bouth Puerto Alco Suger
20A%
Sept.
256%
476
Southern National Gar
5212
42
Southern Railway (Com) Standard Brands
Barley, Spot
120-135- -U.P.1.
Columbian Corben Co. Commereint Creat
494 Standard Oil of Cal.
502%
Bandard Oll of Ind.
48
Conal Edim
Standard Ol of NJ.
5015
Continental Oil në Del.
64
Studebaker-Packard Corp.
145
Cuban Amer. Sugar
31
Bunshine Mining
BY
Diamond Card
35
Swit & Cu.
|
Texas Co.
032:
200
Texfrom Inc.
2011
this
142
Thickol Chem.
£J'
37
Tide Water A, O
morning at the following retes US dollars per $1)
5,14
130
Tline Iss.
Sterline notes (per £1,
13.03
Tri-Cont. Warrants
Australian noles (per
11
17.15
76
Twentieth Century Fox Film
41
Indonesian rupiah (per 100)
0.10
77
Union Carbiće
123
Siem tiesla (per 100)
401
Unic D of Cal.
49
Singapore (Straits)
Closing
extent but being | Carbide.
offset by yesterday's fall
on Wall Street.
The highlight of the day was a big rise in
Orange certain Free State gold shares with F. S. Geduld rising 13 pullings 11⁄2 pence to 145/7tad following news of rich values at the mine which 012 9.772-inch penny- weight are believed to be the highest values anywhere in the worki,
at went ahend Gil-edged firat on talk of a possible change i
the
Steels
rose 31
Amerien Saving
Baldwin-lima-Ham. Haltimore & Obl Heneticlal Finance
1x Aviation Corp
Shcel Youngstown point, Lukens more than one in
Coppers eun-nguet Cons the steel group. Unued in comind, refecting the Bethlehem Steel frowing Airplane rise in metal prices. Majema Burien her Co and Kennecott improved over Putraught Add Machine
Calif. Packing Corp. pot. Anaconda nearly et Soup Co. International Nickel a
First
volume totalled hour 750,000 shares, compared with 710,000 shares yesterday.
In the Bink Rate but quieter point. conditions followed the "no just before ctrange" decision noon, although stain at close extended to 7/6. Foreign bonds were quietly irregular while there was a general mark-, Ing down o! dollar states.
Oils reflected the Wall Street and were generally lower werk with Shell Trinidad market.-U.P.I.
The market closed with a odel of 1,230 issues truded, out
of which 599 were higher, 411 lower.
New York Stock Exchange volume was 3,470,000 shares,
New York Stock Exchange bond volume was $40,600,000.
Preife
Deuglas Aberaft...
Dupont de Nemours
į festinan Kuink
Pare National Gan
Firestone Tyre & Huther
First Nat. City Bank General Fleerle
General Foods
General Motors
1:40
14-4
(133
314
13474-135
Exchange Rates
Burine was done In the focal von Belal exchange market
There was a slight show of strength on the Hongkong Stock Exchange yesterday for the first time this year-with the market stiffening as prices became firm.
The hardening of shares
The following bre quotations of Mutual Funds in the United Slates In American dollars. The buyers' qoolations include com- Inission:
Mutual Funds
Antiated Mu Aan Dur Ghts
Axe Hought 1 Bullock Fund Canada Gen Fd
Sellers Buyers
7.93
1.30 4.00
0.11
0.00
0.33
1500
24.93 10.11
Canadian d
20.37
Canadian Int Grow.
8.03
9.41
Chenneal Ed
20.35
21.70
Comwith tork
19.01
10.30
Dividend Sh
1.07
Dropfas Fund 3.
12.74
23 86
24.51
8.73
10.1% 11.03
0.01 BAT
12.49
$1.20 7.01 11.05 $2.00
24.93
1283
11.52
13.50
14.00
13.21 14.20
7.53
00 47
39.47
14.21
35.40
774
741
13.26
Wellington Fd
14.04
Faloni Stock Electronis Inv Found Mut rd Homid C-7
Mali PCL.1 Instit Growt Insti Income
Keystone Cunt Keyslune Connda Mais lv, Tr Mana Growth
vest Tr Boston
Nat See Ser: Growth
Scudder St & Ci
Telev El Fa Value Line Fa V. I. P.
1121
22.00
7.07
indication of KRUPP'S INDUSTRIAL ASSETS
strength and a bill market
should materialise with the approach of dividend news The British in March.
Although prices may not re- fect gains un the the week, many shares closed above the werk's JawR.
Liquidation
be
As Chinese New Year ap- proaches further liquidation of) holdings by various concern: is
but expected,
fr Is believed that the
will market able to absorb this seiling with- out losing ground especially with the attractive yields many shares are now showing,
Hongkong Banks continued ty tall this week to $802.30 in sympathy with their london Hegisters, which dropped from $47 to £43 Unluus on the other hand continued steady, Wharves after a pemod of inuctivity managed to attract buyers this week when they from a seller's moved down
quote of $100 last week to $97.50 this week. Yesterday, stocks
changed hantis at $90.
Unloading
Hotels seemed to have risen as far as they will go for the pre- sent and yesterday shareholders were unloading some of their holdings as the price dropped from a post-war high of $23.40 last week to $23.10 yesterday.
reason The
for the share's climb spectacular
lust
[GITY LIGHTS!
London, Jan. 29. Government today) gave figured about the value of the naania nold ar ceded by Herr Alfried Krupp, the West German industrisilat, under Western agreements.
20
the
The Marquess of Lansdowne,
Under-Secretary Foreign Ofice. In a parlia mentary answer about the de
of the concentration
of the Asseta bald the value cold of ceded by Herr Krupp
under the pian WAR about £12 million.
acao a
The nominal capitat valus, In- cluding reserved of those re-
*
#
PO
maining to be sold was in the region of £14 million.
These statistics had been Te
ceived from the Bonn Gov. orament.
Und
Lord Lansdowne said: "Although of the the High Authority
European Coal and Steal Com- has approved a pro- munity posal that the Hutton
Abeln Haugen Bergwerke Company-one of the com- panies subject to the obliga. tion to sell - should saquire
shareholding a majority
in the firm Bechumer Varein. This propess) has not been put into affect."--Router.
B•I E..
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTAL S.N, CO.
Salled 10/12 Selled 10/1
Splied
27th Jan.
*
year
OUTWARDS
"KARMALA”
"CORFUTM
"SOMALI"
"HALSETTE" "CARTHAGE"
6th Feb.
"SUNDA"
*
LEAVES U.K.
DUE UK
2nd Feb.
Dlh Feb.
0/1
17 Feb.
14th Mar.
0th Mar.
20th March
LEAVES O.K.
DUE LONDON
"Thank you for your good wishes, Jennings, but I would remind you our year ends in Apru —”
London Express Bervice.
HOMEWARDS
"CHUBAN" "CORFU"
ath Feb.
11 .. 2nd Feb.
暗 Mar.
3 p., 13 Fod. ICU Mar.
"CARTHAGE” Noon "CANTON"
13 Mar. 13 Abr.
Noon 1001 Apr. 17th May "IHMALAYA" 11 p.m. 30th Apr. 2eur. May "CORFU"
Noon Bih May
$ June
Via S'pore, Petang, Colombo, Bozbay, den & Pt. Raid.
• "CHUSAN" also calls at Naples, Marselles & Gibralter
"SANGOLA"
RESOLUTION
to and it was resolved that
a Bank De
"An excellent suggestion.
It will mean a secure return on our money
at a very good rate of interest. "All agreed?
"Right. Then we open a Bank Deposit Account with Lombard Banking at 5%."
A capital decision! For companies and
lodividuals requiring the highest possible return comilsient with security, there
Is no better investment than a
Lombard Basking Deposit Account.
lstret galt without bidetha of Us'nd Kingdom income dark
Senal today for your copy of “Tank Depant Accounts Booklet No. A.0. 74 from General Manager
LOMBARD BANKING
Food Qu
LINITOR DANKERS
LOMBARD PICURE, DURZON STRERT
PARK LAKE, LOntga W.
Abeciorel Banke LOMBARO SANKSIN (FAR SAUTS FINLAYSON MOVIE, RAFFLES QURT montarent, feloptera: 19120
A World!' Me Baby and France Organization
terday
COMMODITY PRICES
RUBBER
Nex
NEW YORK
futurca
rubber
today
closed 25 to 31 points higher with sales of 33 contracts.
Closing prices:
Mar: 30.00; May: 30.03: July: 20.95; Sep 29.05; Nov: 30.05; Jan 30.00 Mär: 20.00.
SINGAPORE
guilders per kilogram, cit Feb.
as follows:
No. 1 rubber
No. 2 rubber
No. 3 rubber
No. 1 crepe
2.42 nom.
24 num.
* nom.
250 nem.
-V.P.L.
METALS
NEW YORK
Prices of metal futures closed
The market opened sharply today it cents per ib. lower after disappointing fellows: overseas advices but steadied Lead thereafter on good trade buying.
No. 2 rifer per . Feb, 0414-5414 No, a rubber verib. Feb. 23-001 No rubber per it. Feb.
Mar.
No. 1 rubber per 15. Fot. as-y
Mar. 831-001
May
Mar.
Mary
Copper
01-03
Mar.
77-10
May
Mor
May
spot rubber unbaled... Blanket crepe.
No. 1 pale "erepe
LONDON
The rubber närket was steady with spot quoted at 25 pence per lb. Priess:
LONDON
10.03b
11.031
10.50b
10.03b
29.050
00.785
BJ Asb
05
Prices of metals closed today in sterling per long ton 1022 2476-2331⁄2 follows:
No. It spo) .....
Seitlement house teim:
April/June
July/Gept
JUMAT
£3-2511 Thi 250-47 #pat 2018-234 3-month 25-131
General markets, eit hasty porter
Feb. Mar Apr
243-
Patate po jiin Mac ..
Elate crepe thick Man
The
AMSTERDAM
rubber chatket Will
į steady. Prices closed today in '
Copper
oot
COTTON
Cotion
LIVERPOOL
future closings.
pence per lb. were as follows;
American Contract
Mar/April:
E: May/June: July/Aug: 2093; Oct/Nov: 20.05; Dec./km, 20.06.
22.40;
Mixed Contract Mar/April: 210s; May/June: 22.30; 20.10 duty/Aug: 21 Oct/Nov: Dec/Jan: 1091.
New York, New Orleans and Paulo cotton prices were unavailable--U.P.I.
FOREIGN EXCHANGE
NEW YORK
Closing rates were;
Canada: 2.00; England: 4.6074: Other unchanged,
LONDON
Closing rates were:
Dyfantrest
as
Tayers alteri
10016
100
701
New York
230)
$2916
3-month
EXCEM
Lead 2nd fait
поть M
Apr.
-14
Zino 2nd
Jan. Apr.
Armsterdam
Copenhagen
OBO
Clockton
Zurich
Other
150 1/2-201
2.71 10/16-2.78 1/15 30.30-19.30 3/4 19.30 2/4-10.37 -1343-1/4-1745 5/4
30.00 3/4-2007 12.77 1/8-13.97 34.03 1/9-14.03 3/ 12.39 7/8-12.31 170
3/
and
that
the this year was completion Peninsula Courts and shareholders bellef that the Company would be able to pay a higher dividend this year.
Hongkong Lands took a nice rize yesterday gaining $1 on the week to close at $31.25.
In the utility section, Trams managed to recover their losses during the week closing at an Both unchanged price of $27. Lights and Electries made up their losses of lant weck, while Phones were also in good de- mand.
BRITISH INDIA S,N, CO., LTD.
dae 301 Jan. From Calcutta, Ilangoon
& Strat inka ist Feb, for Japin
"BANGOLA" due 18th Feb, from_Japan
sally 10th Feb. -for Singapote. PonaTIG,
Rangoon & Calcutte
"OBNA"
P. GO./B. 1. JOINT SERVICE
"OKNLA"
"OZANDA"
+
Suc 3rd Feb. from Kandia, Bombay,
Cochin & Singapore satte 4th Feb. for Japan
due 11th Feb. from Carwchi, flombiy
Cochin & Tullcorin Balls 12th Feb. for Jap
Due 18th Feb. from Japan
walls jauh Feb. for Blogspora, Penang, Kaanchi.
·
Bombay.
Dubel, Koweit, · MasTAḥ
da Khorramabahr
dug 10111 Mar, from Japan
*
*
*
"ORNA"
a lith Mar, for Bingapore, Penang.
Cochin, Bumbay, Kara The Kuwait, arah d Khorramshahr
*
In the stores' section, Delry Farms lost their 20-cent gain of Inst
toi werk falling back $10.30.
Turnover for the week was up to 52,4 million compared with $2.63 million last week.
*
+
*
EASTERN & AUSTRALIAN S.S. CO., LTD.
*
"NELLORE"
Market Diary
*
*
Here is a market diary of the week; Friday:
Monday:
No material change. T/O: $317,000. Ruled meady. T/O! $334,000.
*.
#
"NANKIN"
Tuesday: Price
moverments
sight. T/O: $720,000 Wednesday: Prices, well main→ tained. TуO: $428,000.
Thursday:
Pelces inclined to harden. T/O: $322,000
Agreed Merchant
Rates
Canadian Dollars, Maximum Belling 104: Minimum Buying 17 T/T; 17-1/10 0/D.
Bonds ist Jari,
2nd Feb, for Labuan, Sandakan,
Iriabane, Sydney, Mel hourne & Adelaide
duo WALSH TEA BATZ, for Bandokan, Brisbane,
Si Yer, from Japan
5
+
#ydney, Newcastle mi Natuuums
}
*
*
All vanola bars Überty to call at ang' pulla on or off the route & the sunt» & anilings are mbject
to change or Amendmend with or without notice.
for full particulars upply five
MACKINNON, MACKENZIE & CO.. OF HONG KONG‹ LTD. Telephone Nos: 977214.
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Private notes are available after approval.