1959-02-20 — Page 9

Commodity Prices

FOREIGN EXCHANGE

NEW YORK

Closing rate werk:

Consda

England official

Full Ariza

Indan

10de

2.80-16/10

215-4

29943 50

"

30-days

10-days

Auziralla

4*

New Zenlond

2.30

E-10

2010

2110

2007-2011-15/10

2.7414-2.73

10.0092-10 0

Pakistan

New York:

Montreal

ONDON

Closing rates weret

Ainrterdam

Coprobaren

Frankfurt

Milall

Onl

Suckin

Vimina

Zurich

JANA-MAN53

10.30-10.118

11 94-11 744

1743-1744

211.026-20.021

12.31-13.12!

thors unelianged -U.P.1.

COTTON

►

futures

NEW YORK Potion Prices of closed tugag is follows:

not: 56 mm Afar; 35.20-33; !. May: 354 July: 34.40; Oct; 23 Live: 31.80 310: 22.02, MAY: 10: July: 31.12

NEW ORLEANS

Prices uf Colon futures elial today on followsy

Sono 34 M Mar: 1927. Maya 35.45; July 144, Gel: 12.07: Dee: 1. Mar 31 24: May: 309. Jul 12.79.

LIVERPOOL.

futine

closings, in

Cotton penca per b. were as follows: American Contract

May June

Cler ANON

THE CHINA MAIL, FRIDAY, FEBRUARY 20, 1959.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE.

RUBBER MARKET HOLDS STEADY

SINGAPORE

After opening sightly below "the prevka levels the market ruled very quiet with Narrow furtuntions.

The afternoon market was

mther more

Interest

maaln nctive with

Buyers

in one sheet,

of lowers were limited and with sellers at somewhat higher prices, Futures;

No rubber. per 3. Mar. 5-1 Apr; B6-80g

No. 2 rubber ner b. Mitt. migdia,

No. 3 uur per lb Mar. 044-0405 No. 4 rubber per b. Mar. በዚ Spot rubber unbated

No. 1 pule prope

LONDON

5915+D0%

The rybber market was quiet with spot quoted at 25 pence, per lb. Prices:

....

No. 1 s spot Settlement hoiese terp:"

Apdl/June

March

July/Sept.

Ocf./Dev

Jut./Mar.

257-25

250%-25% 2511-2654

2-257

251-257

General markets, elf finair, ports:

Estate &rep thin

Mor. ttate crepe thick.

Mar.

NEW YORK

211+

211

Prices Slightly Depressed In Active Week

By A Special Corraspondent Although prices on the Hongkong Stock to be slightly

Exchango

fended

depressed this week, there was a bullish sentiment evident and the market was steady on the increased volume of business yesterday.

started

Dividend announcements coming available during the Feb/Mar, and Ajari... 2511-23, during the week hid their week, the share rose from $800 to $820 yealerday before closing effect on the market, and

ut $817.50. some shareholders

The

between the merger unloading their

Bank huklings Hongkong

and the Bank, in which expecta-will get ang share of Bongkong Bank for every 20 Mercantile Bank, shores, will make the new combined bank one of the big- goa, banking organisations in the East.

Rox rubther futurs today when the declarations dia Mercantile

Mercantile Bank chareholders

closet 10 to 20 points tower with sales of 12 contracts,

Mar: 30.18: May: 3023; July : 30:25; So. Baap Nov 30.30, Jai: 2030!

MAT: 3020-UPI,

METALS

NEW YORK

Prices of metal futures closed

today as follows:

Mar. Apri

21 60

21.20

July/Aug.

感

11.03

De Jan.

18.00

Lead

Mar.

Mixed Contract

May

Zme

Mar.

Mar/Ap

21.00

May

May/June

21.45

Cupper Mar.

SHEN ZONINE.

10.03

May

Det/New.

16163

**

Mar

Decidan

16.33

SAO PAULO

May

Cotton Future closings, in cruzeiros p

kilo were 05

follows:

March

May Out.

60.40 68.50 unquoted

tox-th

10.730 10.230

1-43

30.2007

101.250

101.1

LONDON Prices of methis clove: toy in sterung per long to

follows:

'Tin

Spot 3-month Copper

Kol

In the United States, the average price of one-lach cotton at 14 designated spot markets was 34.24 cents.

Total sales were 35,700 tales. -U.P:L

3-month

Lead 2nd halt

Mutual - Vnad OuotationUN

The following are quotations

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

àlutual Funda Allied Fund Am Bus Shes

Axe Hought 13

Buyers Sellers

ד

not come up to tions.

`Hongkong Bank's incrence of capital from 850,000,000 to $100,000,000 by the creation of 100,000 new shares at $123 ench was well reerived

the At its (Hongkong. Bank's) market, and with less scrip be-present price, the yield of 5.9

HONGKONG

STOCK EXCHANGE

Our Own Correspondent ng

Jusiness donų on the Hong- Stock Exchange, kong

this 2370orning mountext to approxi

mately $665,000. -Non quota- long and the morning's franc- actions were:

773

2071 237

M

"Fel

May

73 TOY 712

Zane 2nd hal

Feb. Moy

7431 742

SUPA,

SUGAR

Shrtre BANKS

Buyers AeRers

HK Bank 817.30 INSURANCES

n

Lombard

ST PING

**2

Wa erogat 27.10 Wheeled. 5.5J

NEW YORK World No.

closed COCKS, ETC.

K. Warf today unchanged to two points, flat" lower will sales of 245 cun- Prev.dent, tracts.

4 sugar

J

الاجر

Salth

50 7 317.50

per cent is still very attractive for gill-edged stock and it is expected the share will advance much further.

Docks overall, cut of $3 per share in their distribution this year have sent their yield down from 18 per cent last week lo 11.2 per cent and.even this level they are Anding it hard to

in support on the market.

Speculators

Although Trans announced in 10-cent Increase in their finui this year, the share met some welling by speculators who were. net füthird with the declara- Lion. The stock lost-20 cents of the week.

Cements announcement of a 25 cent bonus this year cought thi ́market by surprise and from a week's low of $25 they climbed to $20 on fresh demand, It is expected that the shore, which at prevailing ratesyleida 12,8 per cent, will rise even further! provided that China does not start dumping in Southeast Asia like last year.

On talk in Ice House Street that Dairy Farms had not had such a good year, some share 9.05 holders started selling bringing the price down irom $10.50 $18.10 at the close yesterday,

0.03 1000 10

$.00

45

Dividends

Following are dividends aa- nounced during the week;

China Provident, $1 and a

17.10 12.30 Domestic No. sugur closed | tand, ETC.

FIT Eutel. 13.20 23.40 500 23.39 bonus of 10 cents--same as last unchanged to two points lower

FK Luar. with sales of 192 contracts.

314

4.50 012 f 4.4025 your. Contract No. 4 (world)

Resity

1475 1525 2000 ŋ

Mon; 3.100, May: 2.14; July: 3.18; Sept: 2.20; Det: 331: Mar; 321 Máy: 3.23; Sust-ferati per a, ple! RUBBER - Ca 3.10,

Open interart: 6,100 contracts. - Contract No.: (domestle) Mar: 5.45; May: 5.51; July”: 6.55; Sept 0.76; Nav! 5.73; Spot (ents

Briters BUEN

7.23

701

4.30

4.59

Atom Dev Mut

5.51

01.01

21.40

P.23

Bullock und

11

1404

Canedo Gen Fa

14.03

19.14

Canadian Fo

18.74

20.30

Canadian Ini obawi

P.48

12.49

"Chemical Fa

10.31

$130

Comwit Suck

14.65

Noort

Dividend Sh

3.01

2.20

Dreyfus Fund

17.52

13.00

Patón & 11 Stick

23.43

25.09

Electiontes Inv

054

Found Mut Fund

9.81

10.71

Hami Ed 2017

4.03

331

Just Found

10.00

11.31

TER Growth

11.02

1203

7 01

7.57

Rivet Tr Bosna

11.32

14.37

Keystone Cust 1.2

22.GU

Keystone Cunarda

17.09

130

Mini Jay Tr

1978

Mans Growth

Nat See Set: ......

Seudder St & CE

1911)

“An stallon' antys tier 40”.

121

Intit Income

Value Line Ft

Well; glou Fo......

7.15

Der 1, clf NY ex-duty): 5-ln.

Open Interest: 2,003 contracts,-.

Exchange Rates

Business was dorse In a real nicial exchange Tirket Wernige at the railtowing interi VS. dollars (per 1) Sterling note wher

Undedesub majiah

Suitpern istrally

thay

514

1525 Ifonskong and Whampoa

Docks. $2 and a bonus of $3 $2 dividend and $6 bonus last year.

DILITIES Trumm

....

1.50 10000 w 1250 &

1.50

Anisle....

2.173 2.176 2000 2.35 Trant 2273 223 11000 4 2225

2 75

20.00 20.00

•

A. Tawah

1900 40 426ла 1000 26.70 100 250 1000 : 20.20 Star Ferry 107 Vaumatt

03 951; 700 @ $15 C. Light

(0) 1020 10.80, 3003 70 10.07 2000 16.70 Eleride,

Mutuo F. velephone, ......

I ALL ADDS UP TO

Provident 1K

Hotels

HK Lands

- 8.75

-82

Glance ⭑

-100

steady

★ The Share Market

Jan. 22 Jan. 29 Feb. 5

Feb. 12

Feb. 19

Up or Down

Dividend Yield (%)

& Bonus

HK Bank Lombard

50714

802

805

800.

81716

+$173

$48.

5.0

27b

20.40m

Union

*359m

Forb Tes

21h

7235m

28 72b

12

7.2

——37

53.40

4.75

Wheefera

5.05

5.55

6.70

5.85

750

13.2

IK Wharf

1009

93

98m

0.85

IIK Dock

450

45

4

A

444

11.2

11.00

.12

12.10

12.20

. 12.10

100

91.10

0.1

22,40

22.10

23.10

25.30

23.30

steady

$32

Job

3134

32

3244

3131

500

$2.40

7.55

ILK Realty

1.50

1,30

1.625

1.025

1.528

strady

100

0.8

HK Trace

20.00

27

20.80

-200

$2.

7.5

Star Ferry

1006

107b).

112*

121

103

---$3

$

8.3

Yapmalls

931

9314

0416

800

B.05

10.20

1014

10.80

10%

10.60

+100

$1.10

0.0 ་

15.10

25.60

25.70

26.30

2614

2014

riendy

$1.00

ገ።

25.70

25:00

25.00m

26.60

25.80

---10€

$1.78

4.8

25

25.305

20:90

23.70

26.00

+200

$3.25

12.0

100

10.30

16.69

18.50

16.10

400

81.7244

11

13.40mm

13.60

13.80m

17.00

13.50

10%

1.25

14.30

14.201

14.40

14,70

14.70

-6.35

5,25m

4.15

5.15b

5.150

sidy

$1.50

102

A5c

12.0

in

4m

4m

3.95

2,05b

steady

250

0.3

0.00

9.60n

9.40b

ALLD

10

+500

80c

8

4x

3.90

3.025

3.975

4

6.700

6.75b

6.70

6.80

4.80

+2126 steady

..

600

15

300

11.8

Ch Light

Elentrian HK Telephone G. I. Cement Dalry Farm A. S. Watson Lane Crawford Infl Investment Affled

HK & PE Iny

Textile Corp Nanyang

חיקות

THE TALLY: Last weak, 13 higher, 6 steady; 6 towar.

This week, 6 highor, 8 steady, 11 lower.

New York Prices Firm Tone In London

Dow-Jones closing averages' Int'l Tel. & Tel.

were:

30 industriel YO TRIS

15 utiles Ik stocks 40 bonds

05

B2

Fa-Mraville Ca.

Kar Industry

131

203.01

Kenan C. Power & Light

**

194.21

Kenneesti Enevier

11125

Kimberly Clark

200/1

Lapoli Mezoek Tel.

80.43

Lockherd Atterat

Comen. future price index Moody's index

140.81

Loews Incorp.

3000

Lone Star Cement Co.

Closing Prices

Loweniefeln & Sons. McDermott J. Ethy

(Am.

Alden Inc. Acy.

Am. Brake Shoe

Allied Chemicals

Allied M. Inc.

Allis Chalmers

|

|

Ammertown Airline

Americon Cable & Rodio Corp. Amerkan Cyanid cv.

Amer. & Forgn. Power

Aan. Gas & Electric

Am. Home Prod. Am. Mach. F'dry American Metal Ameron Smelung An. Sugar Hef. Amerigan Tel. & Tel. American Tob. " Anaconda Cupper Armco Steel Armour

Atlas Cons. Mining Beckwon-Lima-Ham. Badunce & ONG Beneficial Vinants Bendix Aviation Corp. Benguet Cont.

Cat. Tractor

C. I. T. Flanela) Corp. Chase Marhat, Xanic Chrysler. Motors

McDonnell Aircraft

Steck Exge.)

Mesohl Iron Cor. 100% | Minnesota Mining

Mission Development

274 Stansanto Chenteal Co.

44

4014

Montgomery Ward

Motorola Inc.

204%

National Blculi Co.

National Cash Reg. "A

12

National Dairy Prod.

00

1271

Hallonal Lea

201

-5343

17

National Steel Carp,

Tew York Central

Norfolk & Western Ry.

North Amer, Aviation

North-west Airlines (Corn)

Cille MathLesag

Oris Elevatore_...

· Owen-Illinois Ginas

Oxford Paper Co.

Prafie Gas & Elec. Pan Amerluan Airways

Paramount Pictures

70

29

London, Feb. 19. Stock markets today maintained a firm tone and most sections abowod, useful gains, Senti- mont WBO helped to come extent by yesterday's rally on Wall Street, But in some place disappointing company" nawo had an adverse effect on In- dividual stocke.

Despite the fact the bank rate was again unchanged today, mit-edged continued in favour and improved to the extent of

an eighth although thelundated stocks were out of the plotura, Steel shares were quietly firm

but engineering issues-ward mixed, electridal equipments were generally firm and build. Ing issues mada further hoed- Way but televlalan shares were quil

Gold

share failed to continue their initial advance and many prices clipped back. Platinums ware Gem on the rise in the metal Kult-Q.P.I.

price. Coppers werd

P&O

OB⋅I │E&A

COMPANIES

PASSENGER/FREIGHT SERVICE

PENINSULAR & ORIENTAL S.N. CO.

LEAVES UK.

Salled 22/1

45%

2710

Parke Davis Co.

73

Penny J.C, Co.

Venn. Set Co.

Bethlehem Steel

&

Philip Meraiu

Boeing Airplalle

419%

Procter & Gamble Ca.

Borden (The) Co.

Pittsburg Plate Cleis

Calit. Packing Corp. Burmughs Add Merelline Campbell Soup Co. Canadian Paciile R.

2772%

Publicker Sexinstries

33%

Radio Corporation

30%

Radio Corp. Pref.

25

Republic Steel

Cetone Corp....

201

Rematics Motal

OUTWARDE

"CARTHAGE" "BALSETTE"

DUE N.E.

DEM

Mer,

Salicd

0/2

13th

Mar.

Sez, Roebuck & Co.

33

shell O Co.

Salled

1/2

11th Mar,

2nd Mfer.

1st Apr.

19th

APP.

10

LEAVES 11.2.

3 p.m. 21st Feb. Nond Neon

29th Mar.

13th Mar.

13th Apr.

10th Apr.

1912 May

26) May

Noon

Moon

Och By 8th Juno

8th June

7th July

Cluett Peabody

Colombian Carbon Ca.

Cuban Amer. Sugar Diamond Alkali

Kwong Sung Hope, $7 Anal-Diamond Gard same as last year.

Greenland Cement, $8 and

a bonus of 25 cents—$3 dividend last year!

Turnover for the week was up to the $4 milliori mark com- $1,88 millan for pared with three days of business last

25.40 5643 7 6 20 week. 23.10 £6.20 121

9.30

Market Diary

Douglas Aircraft

Dow Chemicals

Eastern Airline Eastman Kodak

Secuny Mobil Oll

6132

Safeway Stores

85% Stunt Reg. Faper

Scott Paper

| Emailer o

Smith, Cilne & French

Solar Aircraft

Sauth Puerto Rico Sugar

Southern Co. (The) 2..

"SUNDA"

"CANTON"

"SALMARA" 3rd Már. SINGAPORE" Mar.

HOMEWARDS

**SURAT" *CANTHAGE" "CANTON"

*IHSIALAYA” 11. 30th Apr.

**COXFU*

"CARTHAGE"

Apt.

BUS LONDON

Và Erport, Peasts, Colombo, Bombay, Am a M Blo

**

“SURAT“ amite Colombo a dombay, and extendy

to Hull, Hamburg, Hollerdam and Antwerp, -

时间

Colgate-Palmolive Co.

DO

478%

Commercial Credit

do

Commonwealth Elec.

Consolidated Eduan Continental Oil of Del.

Crown Zellerbach

0314

607

Southern National Ga

20

Southern Railway (Co.)

Standard Brands

3718

Standard Ol$ of Cal

33

00:

Standard D of NJ

Standard Oil of Ind

Dupont de Nemours

21414 Sleep Rock (Toronto Exze.)

.391%

Stokely-Van Cainp.

14934

Kunzhire Mizing

El Paso National

374

Swift & Co

Familly Finance Corp.

32

Textros Ine

Firestone Tyre & Rubber,.

Thioket Cliem.

First Nat City Bank

Tide Water Anm. 01

78

Geteral Dynamica

001

Time Inc..........

General Electie

774

Tri-Cent. Warrants

General Foods

7D

Twenlleth Century Fox Film

Union Dil of.cal.

40%

AB

Union Pacific tollway

គេ

United Aircraft

ZUN

47.15

"Tülled" "Cat"Corp,”

*

"SANGOLA” in Port

201

Smelting

1101

UB. Steel

913

UB. Steel 7 PC, PF

Heyden Newport Carp.

*14PWHTHORBITS***...

mertake Mining Co. Idaho Power

Waukesha Motors

47%

Westinghouco Air Brake

341

Ingersoll-Rand

Westinithore Electric

10:5

Innd Steel Co.

138%

Western Union Tel. Cu.

Infprobavnical Corp.

Wert Va, Pulp & Paper

It Business Machines

Winn Dixie Blores

Tri? Harvester

Woolworth (K. W.)

International Nickel

International Paper

11995

General Motori

Itere a market diary of the 25.70 76.9184) #4 23.BO

20.70 24.10

8.95 | INDUSTRIALX

SATISFACTION

Consider the advantages offered by Lombard Banking

SECURITY

The Bank's Capital and Reserves

AVAILABILITY

Convenient withdrawals-first £100 avaliable

on demand

YIELD

Joleness at 5% per annuum pold half yearly without deduction of United Kingdom Income tax. Each factor contributing its share, it all adds up to successful banking, to your satisfaction.

6%

Write to-day, for your copy uf "Bank Deposit Account” booklỹ No. A¤74 16

LOMBARD BANKING

-monodbits'

LINITED

~ DANKERS A

LOMBARD HOURS, BURDA STREKY

PARK LAKE, LINDUR 9:1 Tylanhawu: 000 411) ⱭS Nano

Azsociated Huards &

LAMBRIS KANYWHO (FAN LAND AN

PINAAVION HOUSE, ENFLETOMY

SIRSAPORE

A World-Wide Bank tug und Firmor Organisation

Daley.... Waton...

12.90 Jane, Crow. 14.00 COTTONS Textiles.. 3.53 G.75

15

Vibro

WIECTULÁNKOUS INVESTMENTS Int., Inv. 5.15

3.03

wetk:

20

Friday:

COU

20, 46)

Monday:

2500

2015

420

10.20

2200 13.95

Tuesday:

15

700 9 сво

WESTBOUND

"HIMALAYA"

(27,855 tons) "HIMALAYA"

en, Pub. t.

Gen. Tyre & Rubber |·Gerry ̃ ̈O}}=;

Alder. Co.

No material change. Goodrette

0192,000,000 year

Price changes few and emull, T/D

SU13,000.

Pricus maintained.

T/0; $829,000_

Wednesday: Quiet conditions.

T/O: $183,000.

Thursday: Prices moved with

In narrow limits.

TVO: $1,991,000.

Gramanan Atrirafl Gul 01

and Organ

Orient & Pacific

LINES

Japan/Pacific Service in 1959

10 Apr.

23-20 Aug

Esediulu 15th Apr,

Unned Frui

US. Foll "13"

149,-Lite_C

Zenith Jadis ...

"ORMARA”

dne

(Cruises-then leaves S.F., 20th Jame for UK. vin Panama.) (Continues to Sydney vin New Zealand.)

BRITISH INDIA S.N. CO., LTD,

from Japan FD=16"Cingapore-Penny por *tangoon & Calcutla

4 Straits

all 10 Mar, rue Japan

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

"ORNA".

41 Mar. from_Japan

ali 6th Mar. For Singapore, Penang.

Cochin, Bombay, Kara- chi, Kuwait, Basrah & Khorramshahar

due 0th Mar. from. Karacht. Kandla. Bombay, Cochin, Tuti- corin Singapora

wails 7th Mar. for Japa

dus 15th Mag. from Bombay, Cochin, Tuticoria & Singapore * 10th Mar, for Japan

due 8th Mar, from Japan & S'pore Majik 19th Mar, for Skigapore, Bombay. Karachi. Dubai, Kuwait, Bastali, Chormashatır

Kuwolt

EASTERN & AUSTRALIAN 5.9. CO., LTD. "KARMALA" loads 3rd Mar,

"EASTERN".

in Mar. for Labuch, Sandakan, Belabane, Sydory di Mia!bourne

dari Mar From · Australia sulle fölb Mar. for Japan

All voorsia have Ubarty-do- cali “ah aky, porte un or off the route ✯ the route & Settigs áru mikluet

to change or amendment with or wilbeut naised.'''

Lver, Vand.

4th Apr.

24th Aug.

San Fran,

0-0th Apr,

-20-271) Aug

Los Angelen

2nd Sept.

Yokohama

23-24th Apr,

10-11th Sept.

Kobe

23-20th Apr. 12-13th Sept

Arr: Hongkong

29th Apr.

10th Sept.

*

t

---

Kobe

Yokohama

16th May

Hovelalu 23rd Mar

Vancouver arr: San Francisca 28-20th May

31st May

27th Nov,

EASTBOUND

Lve; Ilangkung

12th May

"CHUSAN”

(24,215 tons) "ORCADES" 7th Nov. 10th Nov. 11-13th Nov, (28,000) ton

SOUTHBOUá

Lveongkong

"HIMALAYA" 10 Sept.

NORTHBOUND

Lvo: Bydney

27th Oct.

Marlia

18-19th Sept.

.

19th Nov. 24-25th. Nov.

Japan/Australia Service in 1959

(Leaves Sydney End Det, for UK, via Shurz:)

Arr: Sydney 27th Sept,

Manila

4th Nov.

arr: Hongkong

6th Nov.

"OLINDA"

"OKHLA"

میش

Roules and Ballings are subject to change or cancelinifan with or without notice.

* Leaves Hong Kong 20th, Apr: for UK. via Bluet

+ Continues to Sydneymisee above,

“) Tre, full particutees apply tapem

KİNİSON, " \EKLİCITÉ A do, or HONG KONG LTD.

TELEPHONE. ROS: 27121/9, 84409,-

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

OF HONG KONG LTB Telephone Nos: 27721-4.

"ORCADES"

↓

(Continues Trapy-Paolio-sed above.)

*