1959-06-05 — Page 9

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HONGKONG

STOCK · EXCHANGE

Bay

Our Own Conesgrudçat

Business done on the Hong- kong

Stock Exchange #i Inoring amounted to approxi- mately $182,000. Noon quela- lluns und the morning's trans- actions:

Shates Buyers Batter Shing DANKS

RK Bank

INSURANCES

Union

Lomar

SULPING

Walerist

Wirinch

K. Whorf

LOR S

כז

ובק

DOCKS, ETC,

Dick 434 44

Provident 11.70 1190

Talks ft.

Uk Hole 580 27.10

BR to! 315 20 2005 an

31 0%

251

Bumphreys 1450

100.

Healt31370

UBIER

AMBIE

2.20

Trun

Sungla

240

'2m

UTILITIES

Tram 27.00 26,40 Yaunint.. 100 107 C*. Light

12 10.10

27.40 27,70

Flectric..

Mees F 10.20 1915 *Telephone 2030 21.0

INDUSTRIALA

Crealient

432

2014

300' 27.00 1300 6 27.340 32 27.40

THE CHINA MAIL, FRIDAY, JUNE 5, 1959.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

SHARES CONTINUE TO FALL

Profit-Taking * The Share Market

Sends

Prices Down

HK Bank Lombard

Union Wheelock HK Wharf

HR Docks

Talkoo Docks

Provident

HK Hotels

HK Lands

11K Really

HK TYEM

.Star Ferry

At A Glance *

·Page 9

Chicago Grain Prices

New York, Jume 4. All prices in sents par bushol: Wheat No. 2, red

Epat

July 25tili 103412)

Sept.

Dec.

Corn No. 2, poliow.

13112

dept. Dec.

Mat

*-120

Up or

Dividend

May 7

830

30%

7334

May 14

$6244 31 74xd

May 21

865

May 28 June 4

Dewt

860

steady

& Bonus

548

Yield()

5.0

2014bxd

steady

Juza

150

+$1

$3.40

4,65

Dept.

0.15

8.85

5.90

5.88

12.8

Jafa

9014

D1%

Dib

50c

1.8

July

4514

43!46

-$2.25

11.6

Sept

-3344

343%

33d

$2.80

8.35

Soybeans, No. 2, yellow

11,80

11.30

12.70m:

1080

11,80

steady

51.30

9.1

Spot

July

25.60

20.90

27.80

26.30

-$3.50

$2.50

8.5

Nepil

3314

33!

www.kke

$2.40

Nov.

1.635

1.023

1.623

1.626

1.60

-2440

150

21.4

Jan.

Tut

28.30

28.50

28,80

29.00

7.2

Nar:07,

115.

114

116

115b

[17 -

+32

7.7

Spor

129-185

Yauma

103

100

100b

100

steady

1.4

New York Bour

support sent

Ch Liahi

18.60x4

18.20

17,00

-300

$1.10

6,1

200 lb. sok

$13.10

UPI.

this Stock

Electrics

27.80

27.10.

27.80

27.60

300

$1.00

BK Telephone

20.00

20.30

2014

20.60

20.30

-300

$1.75

6.7

1. Cement

29.30

29.00

327/

3231

3011

-$2

$3.26

10.0

Dairy Farm

10.40

18.30

10,30

16,20

-100

51.623

9.4

A. S. Watson

11,60

14.80

1080

16.80%

14.808

steady

6.7

Lane Crawford

37.50

17.30

17.50

17.800

17.70

-100

$1,50

8.5

6.70b

5.90%

5.805

0.85b

15.55m

steady

650

4.45

4.35

4.40%

4.30

→→10c

250

5.B

11.10b

11.30

11.80m

12.75m

+-95c

800

6.3

4.30

4.80

5.10

3.05

5.05

steady

00%

11.0

8.20

8,70

8.35

9,10

+350

80c

8.8

By A SPECIAL CORRESPONDENT

Profit-taking

less and

prices down weak

Exchange.

on the

For the past two months!

been litt the market. elimbing steadily but last week it reached its high point and investors refused 100 20:30 to buy at any higher rates. Then speculators started unloading certain shares and there was a general selling and prices were marked down to lower levels,

100 v 20,4

31.25

...

31 37.75

100 < 24

1000

100)

1000

31.30

1000

...

16 1830 1700 n 14.40 14.70

1.30

16.70

STORES, ETC

Lane, Crasy, 17.40 โป

DIRTY

Watan

Кни

COTTONS

Textiles

Nunying.

1.45

宽 3.10 400 "

5.20 1400 #

2000

筠

MISCELLANEOUS

Vibra

INVESTMENTS

int Invet, 542 $.00 Alurd...

4.33 90007

London

Closes

Higher

4:30

London, June 4. The stock market closed irregularly higher today the on quiet trading as market took a breather from its recent climb.

The industrini list was irre- Eularly lower with brewers shares providing the only out- stooding feature. Most blur- chip stocks tended

Olls were firm

UPI.

Loose Money

There is still a lot of amoury

arttach- und it is expected Mat Came will come unto the market

when prices are lower and yields are better.

a wide front

Hongkong

Hanks, which were stendy this week, rose to £50% in London, the highest they have ever been fus some years,

Turnover for the week was down to $5.72 taillion compared with $6.40 mlion last week.

Market Diary

Here is market diary of the

werk!

Friday:

Crmenis ted the decline on Monday: news that China was exporting several thousand tons of cement

People still re- Tuesday: to the Colony.

The Tarunber

rement price- Putting war two years ago when Cements dropped to $20. This is not likely to bappett again but many investors in longkong have always been edgy and sell en the slightest sigh of trouble Green loud lost $2 m the week falling to $30.75..

Hotels suffered from severe profit-taking, losing $1.50 on the week to make their yleid rise to 9.5 per cent,

Utilities

Docks continued to fall this week after their rumoured Innd sale fell through and they closed with sales at $43.25. Providents and Talkoo were steady on the weck.

The leading utilities were all down on the week and it is ex-

ease,pected they will fail further and quiet wath their yiekis are around the This the 17 per cents again.

Closing Prices

Billederð Hunda

Br Tra

torinola 215-431

Lean 3.

Funding

139

1050/ap

£6324

nding Stock

310007201........

Funding Loan 4

vil's.

196:1/0

Savings :17. 1993411978 Savings T÷ 1900/79-01-13/10 Savings 277. 1995/75–£76-1/16.

Darks Barclay's ink "A" ka orð-

Chattered Sank- Hungkung-M

Anurance Union Rurance Canton← 24%. Aircraft and Motors

Motor t'uru. Ord-s

וניל

Ford Motor Co—–87x 1!4d.

Breweiles

Dubitera Ch−29. 14.

Building and Materiale Aruciated

GUN 7:50.

TruCement

Pinchin Johnpun Assocletex Ord........

"Thabouck

Vickem Lid-30s

Ltd-

Food and Tobacco

British American Tob. Co., Ltd

10.

Importa

101

cur.

Tobarço Co., Ltd—37% Miscellaneo

British Oxygen Ltd. Ord-605 NI

Canadian Pacific Bly-1523). Duning Rubber Co-Sh 14. Hongkong China Uns-- 14. Imperial Chemical Ted. Lyone & Co-B Unilever Lid-107 D.

Papor Papri

Corp

Radio and Electrical

Bowater

Ord-50

Associated Electries. Electrical Musleni-52a 30.

English Electie C-431 9.

General Electro-MN.

Shipping

type of return investors experti

of these shares.

Hongkong Far East Invest- ment's bonus Issue of ante for ten and new issue of Ote for

well Eve at par ($10) were

Wis with

The market irregular interest centred on the land and utility stroun: Vinimalis Tuse lo $100 while Nanyang rose fol $0.80. $1,230,000.

T/O:

General all reind

interest.

$1,353,000,

T70

Continued demand for the principal Jesus, which

showed very e #uctuation. Exeep-

In!T Investment Allied

KK A FE Inv

Toxille Corp

Nanyang

THE TALLY: Last week, 11 higher, 8 steady, 7 lower.

Stocks Closed

This week, 4 higher, 7 steady, 15 lower.

Agreed Merchant Rates

Swine Francs Maximum Sci- tur 74%.

Belgian Francs Maximuni Selling 801.

Lower LONDON FREIGHT MARKET

On New York Market

New York, June 4.

The

London, June 4. Australian wost

grain market was in the naws again today. Charterers tank the British Motor ship trish Ash with 8,500 tona of wheat for the UK at the recently. ostabilahed lower rate of 70/- nor tom.

Stocks closed lower on a late ticker today. Leading issues outward business was noted

registered losses ranging to

than two points.

Some of the specials fell further with International Business Machines down seven,

volume amounted

National Lesd National Steel Corp. New York Central Noranda Mines Ltd. Norfolk & Western Ry North Amer. Aviation

American Exchange volume Chemicals sulfered more than tions were Green other groups and the motors rewas 1,590,000 shares. Istai! and

Bonda Docks ceived a jolt that drove Ford which were easier. down 34 points. Zenith fell | $0,570,000. HK Far

Eastex points

und from high Investmenis

was two points net lower, Ray- were: strengthen in view theon held a gain of more than 30 tdustrials ol the proposed a point, forillard was up mure 20 rails

15 utilities Denis and new thin two points.

3 stocks 40 bonds.

Dow Jones closing averages North-west Airliner (CoB.,

Issuc of shares. T/O: $1,083,400.

Aliled

Chemical lust

214

Cunum. future price Index

Wednesday: Fractional lasses points in the chemicals where registered by some Union Carbide lost 24 and Du counters with Pont 24 points. Enstman was Cements si losing off 1% points.

Thursday:

ground. Cottons

were popular. T/D; |

$740,000.

Toelled

drift

Closing Prices

Abilit. Pwe. & Paper

Alden Inc, Acy.

Allis Chaimers

Algona _Steel "Cory,

Losses

Allied Chemicals

Am. Brake Ston

American Airline

than a poin

lower Aunks, Losses of more

Providents, Docks each comic Into American

and Catton shures Telephone,

General Electric,

met with buyers General Foods, International at firm rates but Paper, and United Aircraft, utililies, holets

cased off. T/O: $1,205,000.

Exchange Rates

exte

relived on the market and the shares lacked on 93 cents in a week lo einge on a middle quote of $12.75.

On reports of good future | Berling notes (per £11, business Nanyangs tacked on 65 ) Australian metes (per £1 cents during the week,

† Trickonesian rupiah (per 1001 but state thents per 100 Textiles were steady.

Gingapore (Stratts)

Burine was done in the local umellicial

narkes mming at the following rofen:- US dollars (per #1).

Yesterday's Closing

5.74

15.08

12.04

1.00

26.70

181

Only three issues in the Dow. Jones list of 30 industrials ugl to calculate the average failed Alcos lo decline. They were

jami Swift & Co, each up small fractious and Woolworth which was unchanged.

Ca.

Am. Cable & Radio Corp American Cyanami Am. Gas & Electric Am. Home Prod. American Melal Any. Natural Gue Anierican Boejting Am, Sugse Ret. Aner, & Fore Power American Tel & Tel American Tob. "D" Anaconda Copper Anne Steri

Armater... Анда Сопа. Манія win-lama-lam Baltimore & Ordu Reneßelai Fiance Bendix Aviation Corp.

Today's volume was 3,210,000 Benguet Come shares.

Of a total 1,252 issues traded

217 were higher and 350 lower.

COMMODITY PRICES

COTTON

NEW YORKE

All prices in cents per 1b. Spot: 30.28n; July: 34.78; 12.10 37.

All prices in pero per ib.:

No. Res spot

Settlement huuse terr:

2014-20

-2015-2014

No 2 June

***

1. NO. 1 June

Day em

ISTRiskot ereja

NO. 1 pale

102-104

NDON

Oct;

Ny/Sept.

Det Dee,

Jan/Mar. April/June

July

Sept.

Nov.

Elate erepe th

July

Este crepe thick

July

Dec 32.52: Mar: 32.81 May: July: 32; Oet: 32.20-0.

NEW ORLEANS

All priets in cents per 1, Spat: 34.00n: July: 34,60, Oct: 22 45; Dee: 32.50; Mar: M.; May: 3204 July: 32.2 Oct: 30,23

LIVERPOOL

All prices in pence per lb.

American Contract July/Aug 23.40; Oct/Nov: 21.40; Dec/Jan: 21.20; Mar/April: 21.15; May/June: 2133

Mixed Contract July/Aug: 2375; Det./Nav: 2:

May/June: 21.33.

Indo-China Bleain Nav. Ch. def. Dec./Jan: 2143; Mar/April: 21.15;

ord--201

-~-

P40 9team Navigation Cef ord

910rer Univeral Stores "A"-40

Creat

Marks & Spencer Lid=67; (Md. Woolworth F. W. Co-04 0.

Textiles Coats JP Ltd—*ka #{{¢. Couraukis LIČ-3K 94.

Mines

Anglo-American Corp of South

Africa-1963

Con Gokkia of South Afcle

745 34.

Cons. Zine Corp. Ord-004.

De Beses del-1539 150.

Free State Development & Inver-

mentiķis S.

Hangkang Tio-da 71⁄4d.

Petting Tin-0 100

Rand-fose B

Bouthern

SÃO PAULO All prices in cruzeiro per kilo. July: 66.40; Oel: 58,80; Dee: 5.9

Average price in US. at 14 designated spot markets: 34,09 cenis. Total Sales: 20.505 bales. -UPL

RUBBER

General markein, c.lf. basis, ports:

2016-2014

20-2915

20-XV

28-29! 29-2914 Untuated

AMSTERDAM

gullders per in kilogram, cif. June:

All prices

No. 1 rubber

No. rubber No. 1 rubber

No. 1 crepe

Lead 'lat half June 2

Scot

SUGAR

NEW YORK

All prices in cents per lb.:

Contract No, 4 (work)

Jan; 3.17;

ZA: Oct: 2.01 Jos: May: 2.04 July: 3.06; Sept: 3.07; Spot-1.a.b. Cuba): 19 Open interest: 8,431 entraet. Contract No. G (domestic) July: 565; Sept: 405 Nov: 51; 2.04 om. Mar: 5.80; Spot... N.Y. ex-duty!! 283 num. 6.50; Open Interest: 4223 cantants.

-UPL 1.50 nom. 3.0% noin,

METALS

NEW YORK Closing prices, all

per lb.:

Lead

July

Zihe

July

NEW YORK

Sept

Kinfa

Cana Eld-22

1040,

Rex rubber futures closing prices, ail in cents per Blad

Copper July

Geph

**** July

Seyi

July

Wort Briefunten Gotamining

Fept.

31,06

1400

Oci.

West Rand Consa 10]ga.

Nov.

34.35

34.23

Jan.

34.00

British Borneo Petroleum Byndi.

Mar

calemide 96

May

54.06

July

$3,90

Union Corp-65.

Britian Petroleum Co., Ltd-30

"Burmah-329 3.

Dutch Petrojum*** Rinila.

Bhal Transport

à Trading--130

SINGAPORE

All prices in Straits cents per ib. zo.b. Malayasi poris; No. 1.Jun

300-1007 No. 1 July

10076-29116

is cents

11.436

11.000

10.476

33.800 31,04-004 192193 2001

traded.

FOREIGN EXCHANGE

NEW YORK Closing rates: Canada: England.official

30-days

Australia New Zealand Bouth Africa

LONDON

Closing rates

LONDON

New Youse Closing prices, all in sierlingontreal

per long ton, unofficial after Amsterdam noon session:

5-month

Сорри пров

thuen la DORMIR Durers - Sølere 'Fronictori

Oslo 2835' Blockhöri

Zürich

Bethlehem Steel

Being Airplane

Borden (The Co. Burzugte Add Machine Cant. Packing Corp. British Anier, On.

Cana Elk, of Comm. Campbell Soup Co. Canadian Pocille H. Cafe (JL) Co,

Cal. Tractor

| Cilibert Corp.

C.LT. Financial Corp. Chase Manhet, Bank Chrysler Motors Chic Peabody Colgate-Palmolive Co Colombian Carbon Co. Commercial Credit_ ConsulatedTM Edmon Continental Out of Dal. Crabe Ca

Crown Zellefach un

Deminton Boren

Douglas Alrezǝtt Bow Che

Dupont de Nemours Eastern Altino

Batman Kodak

El Paso National Ga

Old Masfueron Oti Elevators Owen-Illinois Glaw

630.54

162.9L

B37.36

Oxford Paper Co.

21.1.10

Pacific Gas & Elec

A3.74

Pan American Airways

Paramount Pictures

100.02

Parke Davis Ca...

Penny J. c. Co

Penn. Salt Co.

I'lley Bowes

35%

Procter & Gamble Co.

Piltsburgh Plate Giess

118

Philip MorTIS

Publicker Industries Pure Ol....... 3011 Radio Corporation

Haytheon

2011 Republic Sicel

10% Heynolche Metal

Royal Bank of Canadia

Sears Hoebuck & Co. Shell Oll Co.

231

Safeway Stores

€211 | Sauit Iteg. Poper

Schenley Inc.

322 Scott Paper Sinclase

2341

12 Smith, Cline & French

Bocony Mobil O

Solar Aircraft

Bouth Puerto Rico Sugar Southern Co. (The)

Souilem National Gas

135 Southern Rallway (Cont.)

Standard Braids

Standard Oil of Ca

Standard Vil of Ind

0655 Kundard Oil of NJ,

Steep lock Toronto Exe Sterling Drug Co.

14:

Stokley-Van Comp

Tid

Stone & Whaler

Studebaker-Packard Corp.

Bunstung Mining

Swift & Co,

Texas Co.

48 Textron

Thickol Chem.

23 The Water Asari O!!

10434 | Time Inc.

304 Tri-Cont, WarranĀM

Bag

Twentieth Century Fox Film Union Carbide u

05 Unton Oil of Cal.

5431 Undun Pucille Railway 375 United Atreraft

Union. Prat

L'erited dan Corp.

all

SUB. Gyprin

401 US. Line Co

U.S. Rubber

123

-3115-119-Bei-1.P.C.-PF

142 Warner Bros. "

514

3815

Family Finenee Corp.

Firestone Tyro & Rubber

24514

Ford Motor Co. of Cana.

1511

Georgia Pacific

General Dynamics

Ford Motor

General Electric

General Fonda

General Motors Gen. Pub, UB,

¦ Gen. Tyre & Rubber

celeb

Gulden Co.

Goodrich (B. Co. Goodyear Tyre

Gruminen Äireraft

Gulf. Off

Hammond Organ licyden Newport Homestaku Mining Co.

Refrig

Idaho Power

Imperial Oil Ingersoll-Rand

Inland Steel Co.

Interhemdent Corp.

Int'l Business Machines

Inf2) Hervaster

International Nieket

International Paper

1131

Waukesha Motors ja Westinghouse Air Stroke Westinghouse Electric.. Wenen Unton Trl, Co. Wes Vo. Pulp & Paper Winn-Dixie Stores

Woolworth (K. W1) Zenith Redio

U.S. INVESTMENT

The

QUOTATIONS

following are

United

States investment quotations in American dollars. The buyer's quotations include commission:

MUTUAL FUNDS

030

from the Far Eastorn aran, but

tonnage WRI fixed in that

direction

from the continant to China with fertilisere at

with 69/ F.1.0., and

grain at cargoce loading

Pacific

porti

the tanlan took Charterera

1alandar for 13,000 tone of whoat from British Colombia. to-Japan at $1.85 for August/ September and another ship Recepted $4.78 for July fording In the same trade-UPI.

P.O BI EA

COMPANIES

PASSENGER/FREIGHT SERVICE

PENINSULAR & ORIENTAI S.N. CO.

OUTWARDS

"CARTHAGE" "COROMANDEL"

"SURAT"

Braled 20/4 Smiled 20/4

LEAVEA UR

TOP 28.15.

Patt

7th June

Balled 12/3

17th June

"PINJARRA" "CANTON" "SOUDAN" "SOMALI"

Salled 10/3

Alot June

Art June

.2013 May 911 Selle

3rd July

9th July

13th July

LEAVES 19.15.

BUE LONDON

5 pm.

Sik June

11h July

NOMEWARDS

"CARTHAGE" "CANTON" "PINJARHA" ± "CORFU" "BOMALI" * "CARTHAGE" "SUNDA" *

A p.m. 6th July

EU AUX,

131

Asig.

tat Seat.

p. 18th July .. July p.1. 181 Aug. S pan, 28th Aug.

um. 17th Sept. Jist Oct

21st Sapl. 20th Sept.

Antwerp.

Vis 'pore, Penang, Colombo, Bombay, Ades & PL. 2014. ↑ "PINJARRA" proceeds S'pore, deb, pt. bala

to Hamburg. Rotterdam London, thenes

"SOMALI" and "SUNDA" ɑmit Colombs and Bombay

and extend to Hamburg, Rotterdam & Antwerp.

BRITISH INDIA S.N. CO., LTD. "BANGOLA***In Tort

foin Calcutta, "Rangoongeza w Penang & Singapore Exile 0th June for JOFAD

"HAVILDARo due 14th June from Japan

Ball 150 Jute for Singap:re, Penang.

----Calcutta ---ös g Chitingoog

P. & 0./B. I. JOINT SERVICE

due 13th June ferm Japan "OBRA"

Katla

"ORBIA"

"OLINDA"

“DINA”

ih June for Singapore, Bombay. Karscht, Dubai. Malarein. Kuwait, Korrahahr

Bespalt

due 2: Jutio from Japan 11 25th June for Singapore, Penang,

Madras, Cochin, Bom boy & Karachi

dus 25th June frem Karachi. Bombay.

Cochia & Singapore

din 28th June far Japan

Sus 10th July

from Karselt Bombay. Cochin. Tuticaria Singapore

kalis Tilh July for Japan)

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

fonds 23th June

sails Juns for Brisbane, Sydney

from Australia

for Zahuan. Bandakan," Brisbane, Sydney, Mel- houma & Adelaide

Sellers Buyers

"NANKIN"

Amated Fd

Arm

Bus She

4.21

441

de Melbourne

€7%

Atom Der Hut

5.72 6.24

Axe tought

3.65

0,03

"EÁSTEIN"

dus 2nd July

14.30

19.5%

•

galle. at July

Int'l T 4 Tel

Gen Fd

14.00 10.71

Ipht-Manville Co.

841

Canadian d

18.24

12.74

Kaiser Industry

Canadian Ini Growth

0.25

10.11

1.04 L/0

Kanies C. Power & Light

BDAY

Chemical Fund ***

11.19

12.10

131,0718 | Renneroft Copper

100

ComWith Block

14.81

281 0/30

Kimberly Clark

0432 Dividend Sh

181 7/3

Lalien Ind. ......

Dreyfus Fund

2.25 1/18

Jagolt Meyers Tob. Co.

Eaton & 13 Black

2.30 1/14 201 01/10

1317 Tulip

| L6ckhoed · Alteraft

JIM

5170 b/1643.70 7/18 106394-10.43

Loews TecDER.

Lens Bar Cement Co. Lowesutein & Sons. McDermoll J. Ray McDonnell Alterati

Stock Exga.) ................... Misal Icon Corp. Minnesota Mining Simion Development Monsanto Chemical Col hisolemnity Ward 150 Matorale Ine, National Biscuit Co National Cash Ing. "A" National Dairy, Prod.

[Am.

Mactronier inự

Found Mut Fund Tain FC-7 ta KUT

Inatt Growth

Jastit Income....... invest Tr Boston Keystone Cu BAS Heyalone Canada ...

7.00

14.02

60.30

Mass In Growth .. Nat Bee Her Growth 0.41 „,41% | Boydder. Et & GX is

Vanis Lane Tund

35%%' Wellington. Fund

1011

11J7

Al veinols have Tiberty to call at any poría on ar dit the route ♬ tha route ♬ saliings are subject tà, change or amendinant with or without notice.

1959-06-05 — Page 9

Comments

Private Research Note