1959-02-10 — Page 11

HAMBURG-AMERIKA LINIE + NORDDEUTSCHER LLOYD

Joint Service

FAST RECULAR SERVICE TO AND FROM:

Hamburg

Bremen, Rotterdam, Antwerp, Marasles, Geant.

Catombo (lomoward only) Bipaita.

FROM EUROPE

لان

THE CHINA MAIL, TUESDAY, FEBRUARY 10, 1959.

Commodity Prices

FOREIGN EXCHANGE

NEW YORK

Closing rates were:

Canada

England flein!

Australfa

10-day

TO-elay'n

South Afte

Cthers unchangeda

Salle Hambu

Solls Rotterdam

Duc

"Frankfort" *

Jan, 10

Jan. 24

"Ravenstein"

1911. Fo

20 14

"Maselstein"'

"Dresden"

Feb.

10.

"ilantover"

Feb. 20

Jan Felt. Feb. 21 Alar.

Ifong Yone Feb. mar.

27

New Zealand.

G

ร

MAT. 16

Mar. 22

Apr. B

New Fits

Montreal

Lliber

PROCEEDING YOKOHAMA DIRECT

Roundtrip passages Hongkong/Japan/Hongkong accepted

TO EUROPE

SK.

Bute Gennp

Due R'dam

"Hamborg"

Feb,

"Werra^irin"

Feb.

"Bayernstein“

Feb

"Muenchen"

Mar. 8

"Frankfort" ✶

** Mar. 23 Apr. 15 Apr.

20 Mar. 21 Apr. 25 Mav Accommodation A Passengers Air/conditioned Cabins, *Combined Freight/pastenger vessel calling at Nouibempton Jut passengers only.

11 10

Mar,

12

Mor,

Apr.

4

G

Daten, rotation and serving of additional poria dependent on cargo offering and vessels operations requirements. Shipment subject to carriers Dil farms. DESPATCH OF SUBSTITUTE VERLELS RESENTED

JEBSEN & CO.

HOA

PEDDER BUILDING

N.Y.K.

3

LONDON

Closing rates were:

Vienna

Afor

31.04

Mox

July

NEW ORLEANS

Prices of cotton futures closed today as follows:

Spal

$4.00

33.20

36.10

102-13/32 2.30 24.01.

Mar

2.343

3.70-/10

261-5/10

2.80-15/10-2.01

2.79-11/16-2.75-13/16

$3.13-20.25

12.12-12.05

Amsterdam and athere were

unchanged-U.p.1.

RUBBER

NEW YORK

Rex rubber futures closed to- clay 10 points lower to lahi points bigher with sales of 87 contracts.

Mar

May

Jay

NORD LLOYD

Fest.

Nov.

Jazr. MEN

TEL.

370 4 1

AMSTERDAM

20 54

30.55

3.50

50.00

W15

The

market rubber steady today. Prices in guilders 10 kilo ware, all elf Feb., as follows:

No. 1 rubber Med rubber.

chter

Ne

LINE

The rubber market was qulet fter very steady opralus with spot quoted at 25% pence per t Prices;

HONGKONG/NEW YORK LINE

SAN FRANCIS$70, LOS ANGELES, PANAMA, NEW YORK, BOSTON, PHILADELPHIA & DALTIMORE.

Sat 11h Feb. ... Art. 18th Feb. Accepted un through 3/1, for Central & South America Caribbean Sea Ports and 1.8. Overland Cemmon Points.

m.s. "HIMANE MARU"

Carp

HONGKONG/LATIN AMERICA & CULF LINE

m.s. "EISHIN MARU"

....... Afr. 15th Feb. Calling ECT AL

Sails 15th Feb.

HAN FRANCISCO, 103 ANGELES, CRISTOBAL, HAVANA, MIAMI. TAMPA, NEW ORLEANS, HOUSTON & DALVESTON, Also accepting rargo for the following ports with Tail Traitshipment at KOME

HONOLULU,

ACAPULCO, BARRANQUILLA. LA DUAIRA, PORT OF SPAIN, PTO, CADELLO, CURACAO, MARACATIO & SAN JUAN, PTO, RICO.

HONGKONG/EAST & SOUTH AFRICA LINE

1.8. "MIGAKI MARU"

...... AIT. 28 Feb. Calling DIRECT st

Sala int Mar.

KING, ORE, MOMRASĂ, DAR-ES-SALAAM, DEIRA, LOURENGJ MARQUER, DURBAN, PORT ELIZABETH & CAPE TOWN

AGENTS:

W. R. LOXLEY & CO., LTD.

LAso General Passenger Agents for all NY6, Serviers)

Tel. RCIA 3916 Jardine House, 11th out.

Clarae Freight Agents for All American & African Server: HOP KEE & CO.

292 Des Voeux Road, Central,

K.P.M. LINES

to PHNOMPENH

m.9. "SANANA”

m.s. "SABANG"

Tel: 441531.

Sailing 18th February Sailing 28th February

For Freightrates and Cargo Londing apply to the Agents:

ROYAL INTEROCEAN LINES

ALEXANDRA HOUSE, Ground Floor. CHINESE AGENTS: 83, Connaught Road C.

Tel: 28015/8, 27150/8. Tel: 34130/8.

COMP

THE

EAC LINE

ARRIVAL" FROM: SCANDINAVIA/CONTINENT

ma.

"SIBUNGA"

CL.

"BUNGKILA"

"KOREA"

St.

“ROGOTA"

due at H.K. 14th Feb,

aind Feb.

-

17

Mar.

24th Mar.

18th Apr.

.. "EA""

BAILINGS TO:

ADEN, RED SKA-,

MEDITERRANEAN-, NORTH CONTINENTAL",

& SCANDINAVIA PORTS

1. "KINA"

m.. "ONGA"

due to least 10th Feb, 1601 Mor. Accepting Cargo Breet For:

Agen, Port Bald, Beyrouth, Lattaldia, Genoa, Matteliten. Le Havre, Antwerp, Routerdam, Amsterdam, Breme,

lamuara, Oxío, Gowenburg & Copentíagen,

1

Tynk Trans2ipment For:

Other Gulf of Adea-, Red Sok., Pfediterranyaže, a Wen African â'özle.

Degplanks: Available for Bulk OÜ-Refrigerated Space, The venda Curry up I Porjenpers in First Clara, Outada Double ani Simple Cabine wizy Privacs Bosh Factities.

SAILINGS TO BANGKOK

*. "MUI HOCK"

dus to load 39 Feb.

GOLD STAR LINE LTD.

SAILINGS TU SINGAPORE, SOUTH- & WEST

AFRICAN PONTS

mk. "Ársrio” ********** due to load 10th Feb, Ms. "PRONTO" (Melden vOYALS)

11th Mar. Arcoping Cargo Dutest For B'pore, In Mintadek Burbau, Capituwa, Matud), "Lazon, Apipa, Accra, Takoradi, Abidjan & ve, Marcours, Dates, Forte of Call, Routes ang Kalliken kra ružject to change with ar wilbegs Notes.

For Further: Particulars Pinase Apply To THE EAST ASIATIC CO., LTD.

Queen's invalidior, zná Fison.

Chinees #relyki Ageist

s6 Wing Lok Birsel

Tel: 3613174, 7

BUN WING,GO,

TEL: WER APRÍT.

جمع ع

LIVERPOOL

Colton future eletings,

perice per lb. were as follows:

American Contract.

Much/Apet

Mixed Contract

May/Jens

July Auz.

Oct/Nov.

D:/Jan

March/Apri

May/June

July/Aug.

ÖZÜNƏN

Dec-Jam

. ទ

20,66

2093

in

Severe Selling On

Street

Wall

New York, Feb. 9. Stocks today met their most severe selling in two

and a half months,

At the lows the list showed declines ranging to more than five points in such an outstanding blue chip as Du Pont. All the chemicals fell with this leader.

чего

Steel shares were hard hit and their lords extended to more than three points, talls had losses running to three. Oils

one to three ot points.

Coppers had extreme lostes ranging to twà points. Specials were down two to three

ú many laabances.

The decline, accompanied by increased volume, had the ap-

a selling climax although the market oppenred able to take all offerings with

Some out rent difcully.

SAO PAULO All prices unquoted-holkány, In the United States, the average price of one-inch cot- ton at 14 designated spet mar-pearance of kot was 34.20 cents.

Total sales were 23,240 bales. -U.F.1

LONDON

Safety Sta

Saint Paper Heolt Paper

incale

Smith, Cline A French Sucony Mohll Ol.......... Poola Puerto Rico Sugar southern National Das...

Standard Brenda

Standard Oil of Cal Blandard Oil of Ind Standard Oll of N.J. Steep Rock Toronto age. Sterling Druz Co Studebaker-Packard Sunshine Mining Switi & Co.. Texas Co

bel

Textron Inc

Thiokol Chein

|

the wide changes reflected what Wall Street calls a thin market Only a mell floating supply of steel which makes for sharp Burtuations.

general

At Its Worst Al the lows the Lendim. Feb. 9.

average was at its worst since The in markt: heid very The session before Christmas. Meady today. 35t was un-

At extreme loss, with the changed st 773 and three Industrial average around the months r19 to 77844 sterling.

375 mik, down more than 25 Bay, points from the recent intra-day high, the market met metart support and came back slightly from the lows.

150

245 buyru

2041 buyers 241 buyer 261 Bayer

Tin rret 3-th

773

7:3

LONDON

2511.

232

3-1

May

Led et hal? Feb.

CIL. zime It half Fel 72

Alas New York metal prices were in- availableU.P..

232

70

7

71.6

Spot No. 13...

1314-25

Settlement Boure term:

15%-2011

Mne

2674-201

July/Aug

Oel/Dec

General jacket

Feb

Mor

AUT

Apulzune

Jan Mar

Estate Crepe thin ing

20-24% 20-02

241-201

Estate ereg thigle 3fmt

Singapore market wad eluted for tanya..P.I.

COTTON

NEW YORK

Prices of collon futures closed today as folows:

33.70 nom. 3.M 30.22.20

Spok

Mar

May

Juts

Oct

Dra

31.63

SUCAR

NEW YORK

World No. $ sugar futures elused three points higher to one point lower with sales of 185 contracts,

Domestle No. sugar closed

12 to Ave points higher with sales of 03 contracts.

Contract No. 4 (world) March: 3.12; May: 3.10 July: 4.19-20 Sept: 3.21; Det: 321: Mars 3.23: May: 3.23: Spot-(cents per 1.

3.14

tob Cat 6,432 contracts.

Open

Contract No. 0 (domestic) March: 5.53: May: 0.05; July: 8.50; Sept: 614 Nov: 5.72 Spot-(eenis b. et NY, ex-duty): 5.30.

Open Intered: 2004 contracts.-

U.P.I.

Discount Rate

May Be Raised

. New York, Feb. 9.

|

The drop of more than seven points in the industriale result- ed from déclines of two to more than three points in such issues as Du Pont, American Telc- phone, American Tobacco,

and Texas Co. General Motors lost A point in

a generally lower but active auto

division. With the Justice Departmeal Gleel breathing hard on the

and auto Industries, Sharon

Steel and Pittsburgh Steel called off their merger talks.

Dow Jones closing averages were:

243 Industria

20 ...

13 title

65 stocks

40 bands

Can future price index..

Closing Prices

Aldet lac.. Acy. Allied Chemica Alice Milla Inc.

All Chalmers

Am. Brake Shoe

Ameriena Ateline

Aterler Cable & Radio

......... חי

Amer. & Förp Am. Home Prod. Ain Mach, & F'dry American Motal Ameriam Sucung Am. Sugar. Ref. American Tel & Tel American Tud. "13" Anaconda Copper Armco Steel

Armour

Attrs Cons. Mining Baltimore & Ohio Benguet Coos.

Co

Bethlehem Steel Borden The Co.) Burroughs Add Maching

Canadian Pacife R.

lacking Corp.

Corp.

Talk in banking circles is that the discount rate

may be raised at any time, and that the out-o look for further easiness in the bond market is expected, according to Benson B. Sloan, Jr., of Harris, Upham & Co.

Even offerings heavier,

become

American Cyanurhid's 1958

C. I. T. Fencial Corp.

Chrysler Motors

Chase Manat Bark Chuelt Feabody

|Colgate-Palmolive Co.

Commercial Credit Comin weslili Elec. Coldsted Edison Continent of of De

Zellerbach

C

Cuban Amer. Sugar Danent Alkali

Dianice Gand

there is good support earnings are estimated at 1.90 around the 580 level at which a share, against 2.42 in 1957 point the market held and then and should resume their uptrend! rullied early Just January, says according to Amolt new chrncels Martin Gilbert of Van Alstyne, Baker & Co. Noct & Co.

Bache

& Co ay electric, storage battery has formed strong base of accumulation.

NET INCOME

National Steel, according Green, Eills & Anderson,

tu

nol

Robertson Fulton control 1958

estimated at 2.25 share against 2.36 in 1957, ac- cording to Walston & Co., which looks for a pleasing rise in 1959 carnings.

Anaconda earnings for 1938

is estimated at around $3 o share

expected to earn $0.25 a share could be boosted more than 32 a share in 1050 by higher cop-

1050, a new high record anti

by 1900 could show $12. The prices, according to Pains,

1058 net income was 4.80 a share against 6.13 in 1957,

saya

Food Chemical Week Machinery & Chemical is likely to acquire for cash Suntund Industries, a 20-million West agricultural

Const zeker chemicals.

of

Webber,

U.I.I

Jackson & Curls.

London Silver Prices

London, Feb. 0.

According to Joseph E. Granville, of E. F. Hutton &

The price of liver was Co., the meat packing group quoted at 20% pence per due stili retains some good muscle gumce for spot and 70 for further colns in 1930.

for forward.-U.P.I.,

pence

Pacific Far East Line, Inc.

FAST 20 KNOT FREIGHT SERVICE

HONG KONG BEAR

`U.S. WEST COAST

GOLDEN

Salls Los Angeles Feb. 4

San Francisco Feb. 12

Arriving Mar, 9, 1959

HONG KONG. - U.S. WEST COAST:

KOREAN

BEAR

Salling Mar. 3, 1959

Arrives San Francisco Mar. 19, 1959

Dupent de Nemours Eastern Airlin Eastman Kotak

El Faro National Gos Family Finance Corn. Mat. City Bahk

Ford Motor..... General Electri General Foods General Metars

General Dynamics

Gen. Pub. Usi

Gen. Tyre & Rubber Glidden Co

Goodyear Tyre

Gr Arcraft

Gulf of

Hammond Organ

Hayden Newport Corp.

Idaho Power

Ingersoll-Rand

Jain Steel Co.

Tide Water Air. Oti

Tri-Cont. Warrants

Corp..

Twentieth C. Fox Film Union Carbide

Union Oli of Cal

Union Pacific Railway

Union Aircraft

United Frull U.B. Full "EU US G

V.B. Rubber

1.8. Smetting

A

U.S. Steel... u.S. Slee! 7 P.C. PF Warner Bros Westinghouse A Westinghouse Ejectle Wert Va. Pulp & Paper Winn-Dixie Stores Woolworth (K. Wi Zenith Radio

100%

$796

276

KILINE

KAWASAKI KISEN. KAISHA

LTD.

HONGKONG NEW YORK LINE

Hongkong/San Francisco 21 days

Arrives

Salla m.. "MONTANA MARU” ........ 17th Feb. 18th Feb. HONGKONG/NEW_YORK 30 DAYS VIA JAPAN

}

{

Duo New York 26th March Loading Direct for

San Francisco. Los Angeles, Now York, Boston, Philadelphia, Baltimore & Norfolk and accepting cargo for Central & South America with transhipment at San Francisco & Now York (amits Cristobal)

HONGKONG U.S. DIRECT EXPRESS LINE Hongkong/San Francisco 17 days Hongkong/New York

Omita Japan

M.S. "KIMIKAWA MARU” Duo: San Francisco 23rd Mar,

Cristobal

3rd Apr.

34 days

Arrives Sails

5th Mar,

6th Mar

Los Angeles 24th Mar.

Now York 9th Apr.

Atan calling direct at BOSTON, PHILADELPHIA, BALTIMORE,

CHARLESTON SAVANNAI & NORFOLK,

and also accepting cargo with transhipment at Cristobal and Now York.for Latin America, Caribbean Sea and West Indies.

Carco Inducement.

HONGKONG CARIBBEAN SEA

& U.S. GULF LINE

Drake

4

47x0 5412

102)

-U.PL

m.s. "HOZAN MARY"

London

Close Irregular

London, Feb. 9. 674.20 16701 The stock market closed ir-

13.71 100.00 regularly lower today un-

00.31

der the shadow of the 14473

uneasy international situation.

$ 24%

434 271

alt-edged securities were fractionally lower.

Blue chip Industrials reacted Wall 20x1o the poor showing by

Street tost Friday. Unilever was particularly, hit by profit- tolding.

714

4712

42

1101

1 x

403%

14

Intrrchentral Corp.

In Blue Miss fachines

600

Int'l Harvester

301%

festernationa Nicket

Kofer Industry

Kinees C. Beer & Tight", Kncett Cryper

In Te & Thes

Kimberly Clark

Liggett Meyers Tob. C. Lockherd Aircraft Loews Incorp).

Lone Star Cement Co. Lowenstein e skena. McDermott J, Ray

MeDonnell Aireroft (Am.

Atock Exte.)

Megabi Iron Coro. Winnasata Mining Minaton Development Margate Chemlest Co, Munt:mery Ward Mutorola The. National Dircuit Co. Nationat Coch Reg. "A" National Dairy Frod, National Lend. ..... National Sinel Corp. New York Central Norfolk & Wiation

Ry.

North Atnar. Morley Airlines (Com.) Olin Mailleron

Devatoɛm

Owen-111'le Glaes Oxford Paper _170,

Patio Gay & Fieć.....

Pen Amertem Airways Parkovat Pictures

Parks Davie Co...

Perky T. C. Co. Penn Pelt.co. mation Morefa

Trotter & Gamble Os En Pinto Char

fndiris

Pure Qit

Tadio Corn. Prof.

៦

Electricals and motors eased while rndlo and television irtues were mixed, Steels, how- ever, were firm.

MOSTLY LOWER

Dollar stocks were mostly lower. Iron Curtain bonds rose on speculallon of the forth- coming vialt of the Prime Minister to Moscow.

Gold stocks were mixed, and copper issues were dull. Olls were depressed. Rubber stocks U.P.I.

were tm...

Chicago Grain

Market

Chicago, Feb. 9. Grain futures were mostly steady and strong at the close today on the Board of Trade.

and

Local short covering Increased export buying flimed the

market in the opening ression. Small lot orderá oft the day's upward direction,

في نت

Exporters wanted wheat and defcired contructs led the od- vence. India

2,700,000 bushels and Pakistan another 1,232,000.

In soybeans, finde was quiet, Prices went strong and weak.

Nearby March closed up and for off November Ulf 11⁄2 cents,

Whest clured up to 1% cents.

Soybeans closed up 14 to off

14 cents.

Wheit No. 2, red

Брод

Arrives

Sails

20th Fab.

Zist Fob,

Loading Direct for

Los Angolos, Cristobal, La Guaira, Kingston, Havana, Miami, Tampa, New Orleans, Houston & Calveston.

HONGKONG/LA GUAIRA 39 DAYS Accepting cargo for other Caribbean Parts, Contral & South American Parts & W. Indies with transhipment at Cristobal.

AFRICA LINE

HONGKONG WEST

m.s. "TAIYU MARU”

Arrives

10th Mar.

Soile

12th Mar.

Loading Direct for Singapore, Durban, Cape Town, Matadi, Lagos, Apapa, Aceto, Takoradi, Port Harcourt and Freetown also accepting cargo with transhipment at Durban for Tamatave, Madagascar.

HONGKONG SAIGON BANGKOK · LINE

0.1. "SHUNKO MARU”

m.

Arrivas

In Port

"SHINSHO MARU"..... 26th Fob,

Loading Direct for Saigon & Bangkok

Satla

11th Feb.

27th Feb.

GILMAN, & CO., LTD.

Tel. 34101.

Chinese Freight Agents HIN FAT & CO., LTD. 620/622, 1, ICE HOUSE ST. Tel. 23403, 28823 & 33082.

GOLD STAR LINE LTD.

STORE.

For Singapore, South & West Africa

Dia.5. "SPERO"

For

DUE TO LOAD 18Tİ! FEBRUARY

LOURENCO MARQUES, DURBAN, CAPETOWN,

APAPA, MATADI, LAGOS,

ACCRA, TAKORADI, ABIDJAN, and PORT HARCOUET. Diber Ports in South-West Afries on Inducement or on asia of Transhipment. Next sailing: m/s "PRONTO" maldan voyago due to load 12th March

For Freight and further Particulars please apply to THE EAST ASIATIC CO., LTD.

Tels: 34111/4. Queen's Bulking, 2nd Finor. Chinese Treight Agentn: SUN HING CO. Tel: 48101, 48827,

30, Wing Lok 81.

BEN LINE

2011-2001 London, Rotterdam, Amsterdam, Hamburg.

MAN, 1999%TOIRBİSEK) 1976

*sact

Mar

Jul

Sept

107 TEK 18015-16 10112-15

Corn, No. 2, allow

7014

Boot

2012

0414

Mar. old

MAY

Mar, new

July

Bept.

Mar

May

OR

Man

May

Apsl

Stay

July

Soybeans, No. 2, 3ella

Nay,

116 $2414- 11111-4

"BENREOCH"

Loading 18/19/20/21 Feb.

SAILING 21. FEBRUARY DUE LONDON 30th MARCH Also Discharges BREMEN,

BEN LINE STEAMERS LTD.