1960-03-18 — Page 2

THE CHINA MAIC,

FRIDAY, MARCH 18, 1960.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

MARKET BOOM CONTINUES

*

Telephone Co.'s The offer to shareholders

The market continued active and fully

maintained its firm

undertone

throughout the week. Prices remained steady and where changes occurred they were only fractional.

investment buying

featured sion including extensions st Business service in the New Territories.

a little over $22

the week's market. am upted 10 retion.

Large parcels of Ights and Electries changed hands at im- The former prices, praved improving by $1.10 while Elec- tries put on 0 cents..

Taumatis and Wharves Unued strong with buyers unea- tised denile veralsten proft- taking. Yauumalis closed at $174 $33 better on the week.

ground Wharves see-sawed $17 to $177 and closed at the latter price.

Hongkong

Docks

In order to meet this extra cost, the directors propose to pyl to the meeting an offer to of 1.000.000 fiareholders shares

Bome time at SIG during the last quarter of this year. The offer will be made In the properllop of one new shares share for every four held.

It is intended that these shares will ask for dividends the of In respeel declared Inancial year ending Decrgi- ber 31, 1861. Some shareholders feel that the extra $5 premium on the

shares is offered

is unrealistie

dropped

from $100 to $93 but suddenly sprated to $97 at the close.

Cements reached as high $15 but appeared to be slipping at the final bell.

Telephones which have been rishing steadily in the past free appeared to ease months

slightly.

It is

underylood thai Telephone Company

the

when compared to the dividend new bald by the company. They feel that with the extra million shares future dividends will be even smaller.

Market diary

at their Frides: antial meeting on March 28 will announce plans for expan-

NOTICE

THE VIBRO PILING

CO., LTD.

NOTICE IS

HEREBY

GIVEN that the 25th Ordinary

Yearly Mecting of the share- Monday:

holders will be held at the

Registered Office of the Com-

pany, 2nd floor, Alexandra

House, on Wednesday, 23rd March, nt 12.30 p.m. for the purpose of receiving a Report and Statement of Accounts

the fur

year ended 31st

December, 1969, and to elect Tuesday:

Directors and appoint Audi- Lurs.

The Shure Register und Transfer Books will be closed from 16th March to 23rd both days March, 1860, Inclusive.

By Order of the Board,

J. F. da SILVÁ,

Secretary.

Hongkong, 14th Mar., 1960,

NOTICE TO CONSIGNEES

The market CD13- Hued active during the day resulting

chielly on

НК Папк Lombard Union Wheelock HK Whart

HK Docks

Talkoo Pocks Provident

HK Hotels

HK Lands

market

at

Up or Down

20+

glance *

Dividend

& Bonu

$48.

$2

Yield (%) 3.8

London stocks rise again

London, Mar. 17.

Markets extended their rally into the fourth suc- cessive day when investment demand pushed

prices up in industrials.

Governmem bonds shured the rise.

turn

Barclay's Ran. Lid -4.

Chartered Banks 9xt. Hongkong-EPOKS

Lloyd's Bant A-045 del.

Inmotanco Union Insuranes C

AzTerzić ang

Business was heavily helped by Wall Street's belier and the good outlook: at home. Dealers said buying was under way for the new starting on Monday-the before the budget, so buysred. were not being deterred on This

account

Jast

share

Feb. 18

Feb. 25

Mar. 3

Mar, 10

Mar. 17

1310

1310xd

1280xd

1280

1270

$20

ម

400m

45b

4945

++$2.25

4.5.

0432

102

102

1008

200%

steady

63.40

3.5

6.90

0.90

7.20

14

7.40

+150

*io

3.6

171b

1486

177

+$0

58

4,2

70

7336

8646

07

+$2.50

$10

10.5

4316

#3

4514

B2

54

$2,80

5.3

jo

19.30

10.40

10.70

18.60x

-90c

$1.10

5.4

score.

3634

3014

37

30xd

306x

184

54

00xd

801xall +500

steady

$2.50

0.0

Today's

$2.40

4.8

upsurge halfway and some issues" went

paused

1K Realty

1.70

1.075

1.70

1.375

1.776

steady

150

D.G

below the best by

po bell,

IK Troms

3314

33%

34

3414

33xd

500

$2.05

5.8

but gains were spread

Blar Ferry

151b

144x8

147xd

145b

155

$10

$9

5.8

the board.

Yaumalle

135

140

153

talb

174

+$23

$8.50

4.3

Engineering and

electricala

20.00

2014

21.80

21.60.

22.70

+$1.00

$1.10

27

201

26.70

27.10xd

27.00

+500

$1.00

0.8

3544

383%

384

3714

-750

31.75

4.6

45%

444x4

Hxd

4514

+$1.50

$4

8.4

44.80 23.70x8

2434

24.90

2014

28.90

+49c

$1.55.

6.9

24.10xd

2612

· 26.70

26.30

-400

31.30

5.8

314

31

34

3334

32b

----$1.75

$2

.0.4

Int'l Investment Alied

14

7.40

8.05b

8.40

8.25

-140

650

7.0

Ann

6.60

6.40

M

6.70

0.90

+200

256

3.5

15"

15.20

15.70

16.40

16.20

200

00c

5.5

Textile Corp Nanyang

10.30

9.90

8.05

10.80

9.00

---500

Ü

14.20

15.00

18.70

15b

G00

70c

4.8

Ch Light Electrics

HK Telephone

G. 1. Cement

Dairy Farm

A. S. Watson

Lane. Crawford

HK FE Inv

HONGKONG

STOCK EXCHANGE

Our Own Correspondent

15.00

Profit-taking sets in

on Wall

Street

New York, Mar. 17.

The four-day advance in stocks was halted today

as profit-taking hit the recent favourites, Trading continued light.

Calli. Puching Cry

Cana. Bk. of Comm. Campbed! Soup Co. Canton Pacis k.

Business done at the Hong-

Stock kong

Exchange this Halls, steels, chemicals morning amounted to approxt-electronics set the downward mately $1,740.000. Noon quota-pace, but there was a handful tious and the morning's trans of good gains ranging to 45 Case (3) Co.

much as nine points in AmeriCal. Trvelor

Celts Cump actions:

can shipbuilding.

CIT. Financial Corp. Brokers noted that the four- Chase Manhat. Banke day advance had carried the Chrysler Motore ... market into

an area of anti-Cut Peabody....

Colombian Carbon Co. elpated resistance that Jeft Commercial Credit

Consolidatext Ectison many issues valuable to pome

Consolidated Paper near-term profit-taking.

Connor Gas va

Share BANKS

In large turnover. Interest centred

1K Bank HK. | INSURANCES Docks. Wharves, Union Yaumatis. Tele- unbard phones and Dairies

ut improved

Volume of business

Was

SHIPPING

Salen Buyer Heilers"

1260 1270 19 1270

90 11

10

rates.

Wheeluck DOLKS, ETC. Dock

7.30

740 000 77.39

****

200 90

100 200

Provident

XD

16.00

Talkoo Dock

63 34

LAND ETC. BK Hotel

XD

30 30%

approximately

54,911,000.

in

The market Was very active during resulting the day

satisfactory turnover, The Dock and companica Hotels

the "LTC centre of interest. The market closed! firm with turnover

at $4,370,000.

Conditions an

market

RK Land

X All....

Humphreys

XD Healty

the continued

KUBBER slendy with prices showing a tendency Amalg to Improve. Demand; for utilities persist-

ed throughout the day and contributed largely to the turn- over of $5,520,000, Wednesday: The market con- tinued active during the half day session with the two electric companies absorbit the major share of business

103 & 20

2100 m 3EY 20053 1000 831 600 03:

40% 50% 700 V DIE

200 5015

2140 21.70 1.75 1.70 10000 1.73 30000 * 1,75 10000 1.75

1000

1.75

7.40

Or a total 1,183 issues traded, 103 wens higher and 550 lower, Closing prices

Abitibi pwr. & Paper

Alden Inc. Asy.

Alguma Steel Corp. Altea Chemicals

Allied Mills Inc.

•Co......

Cubon Arnet. Sugar Diamond Alkali Diamond Gled

$30 Dustlers-Seagro

כם.

Dominion Stores Douglas Alregaft Dow Chemies... Dupont de Nemours Eric Kodak Air Lin

201%

01

Lily Tulip Lilton Ind. Luckheed Aircraft Mannion Development Konanta Chemical Co. Montgomery Ward' Motorola Inc.. National Biscuit Co. National Cash Res, "

National Dairy Prod. National Lead

National Steel Corp. New York Central

Noranda Mines Ltd, Norfolk & Western Ry. North Amer. Aviation Northwes Airlines Olin Mathicao..... Oils Elevatora Owen-linols Olams

Raytheon

Republic Steel

Solat Neg, l'aper

Bchettley Inc.

224th Scott Paper

2015 | Sinclair 011 1024

ACTORS

101 the field, while breweries, Lobacees, chemicals and bulld

ing Improved.

Dollar stocks edged upward, Government bonds went high.

Foreign bonds by frnctions. were qulet with Greek issues

Oils ensed after opening bet- ter.

Gel: drifted but stareta fo the close. Tins

but coppers |

recover next

kept going ahead

I turned dull.

Good company news put rub- bers up and teas held steady.

UPI.

Closing Prices

Blizedzed Bonds

British Transport 3. 1978/88

50%

043

0026

Consols

Consula vie,

10/

Conversion Loan

44

4322

Funding Loan 3%

01-6/10

159%

52

2001.

50

47

Funding Lona £21-11/10

2014

4010

59

Bellish Motor Corp. Ord-2104. For Afotor Dolls del Hawker Siddploy" "degup Orumāļā Holls noven Ltd Ord-409 41url. · Robles Lid 14. Standard Triumpuli yternational- lla d

Dinters Com Mel South African Brewerien-703,

Building Staterials

„Akwclntext & "End"

Cement-73

'Unoutlass Wall & Lead Only ĐIỆN

Coal. Atsel and Engineering

Babcock & Wilcox Lid-42 42.

Ualled Steel-e G,

Vickers - R

Food and Tobacro

British Americas Tob. Co., Ltd--

Co., Llo

Imperial Tobacco

€77 Sci. Cd:

MireiantouS Boardman Marden Lid—m Bd.

Brilia Oxygen Lu!. Canadian Pachte Bl

In He Co. Ltd. On ou Dunlop Rubber Co24" *7344. Hongkong China Goats. imperial Chemical-pi# 10d. 1pons & Con738. Unilever Lid-1309 04.

Paper

Bowater Paper Corp Ord-70s 9d.

Itadip and ectrical

Associated Electrical 604 Electrical & Munteni-5de 450,

Borluti Ecco o

anh

General Electric-

ChIPPINE

Indo-China Stensn Nov. Co. dof ord=971.

PD Steam Navigation der prd-

42 30.

1905-

195/06

Grrat

3

Funding Stock 打车架,1000/2004~

1%.

1000/90-

Saving 3, 1956/45-90. Saving a 1900/70-TO-13/10. Savings E. 1963/75-873-13/10.

US INVESTMENT QUOTATIONS

The following are US. Invest- dollars, in American ments Buyers prices Include commis-

Storek

Univernal Stores "A"-49

Marks & Spencer Luia 105. Woolworth #. W. &

Textiles

Dm-Gs G.

Cool IP Lu-3h 120. Courtalikda Lid 016 Tige

Minga Cane Goldholds of South Afrtea- Corn, Zine Corp, ON 301 0. De Icers det-270x 3d,

19% GE

Rand-87 Bl Southern

Gd.

Union Ch 9.

West Defefe

1768 34.

w

Cons Ltd!-283.

Gotbrining--

British Borneo Petroleum Synd)- Britikamah Petroleum-20

Co., Ltd-19

12.21 13.33

13.00 12.02

17.18

9.04 2.03

11.30 14.30 15.03

2.51 3.00

Transport & Trping-1459

-Reuter.

a winner every time

40%

24

134

30

Oxford Paper Co.

29

21:

Pacific Gas & Elec. Pan American Airway

Paramount Pictures

6316

43

Penny J. C. Cu.

11イキン

5316

J

47

Per Salt Co...... Pittsburgh Plate Glass

KEP

British

0122

50%

Publicker Industrice

10

031%

Pure On........

372

J2 zion:

Petroleum "Buryatı—158 AL Shell

Tudio Corporation

BOLL

Sellers, Buyers 1.

Radio Corp. Pref.

72

405%

403

Aliated Fund

7.04

501

G+ta

Am Bus Shra

4.02 4.30

14% | Reynolda Metal 2014

Atom Dev Mut

0.01 5.47

ithoem Mfg.

2214

Axe Houghton ...

0.13 8.06

30

Sears, Roebuck & Co.

Bullock Fund

2h |shch OIL 'CH

24

Canada Gen Fund..

463% Safeway Stores

Canadian Fund

15.03

44

Canadian Int' Growli

201

Chemical Fund

10.45

THE

Comwill Stack

4102

vidend Shra

Dreyfus Fund

12.40

14.05

38 Eaton & How Stock

22.77 24.34

+212

Electronics Inv

7.37

11.03

4030

Found Mut Fund

18.01

10.08

4431

Hamil Fd 2-7

4.80

5,32

Steel Co. of Canado Studebaker-Packard Corp.

Is Found

10.20

11.22

10.37

11.20

Instit Income

6.30

4.94

40

Invest Tr Boston

10.07

11.00

1011

7336

Keystone Bus D2

21.72

23.00

45%

2314

Textron Inc.

214 Keystone Canada

12.44 13.45

Thloka: Chem.

432

Mans In Tr

13.52

13.50

031%

Tide Water Ol

201

Mass Growth

13,35

14.43

Getty

Gull o

10 Grumman Alterati

Goodyear Tyre...

Goodrien B. F. Co.

ime loc.

63

Nat Seo Ser Growth

B.QJ

74

Twentieth Century Fox Film

34

Brudder St & CI

17.07

Union Carbide ....

152 Telo i Fund

Tinion Oll of Cul

24

344 Value Line Fund

Heyton Newport Com.

101

Union Pacific Rallway

20

239%

Hiram Walleer ....

38

U.B. Steel

Homestake Mining Co.

Idaho Power

Imperial Oil...

243

Imperial Tobacco

TE

4735

Inland Steel Co.

Allis Chalmet

336

Am Brake Shoe"

47

American Airline

American Cable & BadIO COTD

American Cyanamia Co.

DI

Am. dos & Beletrie

Amor, & Torgn. Power

DV

00

150

54

A. Home Prod. Am. Mach & F'dry, American et

Metal

Am. Natural Gas American Smelting

Am. Sugar Bet

American T & Tel'

American Tob.

Anaconda Copper

5.76 7000 9.79 5000 19 5.05

Armour 400 5.70

Abertos Corp Atlas Cons. Miming Baldwin-Lima-Ham. Baltimore & Ohio Bank of MONEROSI Beech Life Savers

Bell Telephone Beneficial Finance

1.09

Trust

7.34 7.45 2000 UTILITIES Than... 331% 33%

Star Perry 132 133 Younnati. XD 307 C. Light

221 22.06

100

Doctri .27.30 27.40

proved prices. Volume of business Telephone

im-

transacted was ap-

XD

proximately

200 311 200 331 503 43 334 100193

100 6 22.00 $104 ** 22.70 3900 22.00 22.70

300 e 22.00

2000 or 24.02

1000 21.00 300 or 2735 4103 27.40 1000 27.30

364 37 2500

100 371

Bender Aviatkin Corp.

Benguet Cons

Bethlehem, Steel

Boting Airplane

Borgen (The) Co.

Burroughs And Machine Bath Amer, Oil

British Columbia Phar

El 'as Natural Gon

Family Finance Corp.

Firestone Tyre & Rubber

First Nat. City Bank

Gatineau Power

Georgia Pacifie

General Dynamics

504 General Electric

General Foods

20% Ger.eral Motors

MP

Gen. Pub, Util.

104 Gen. Tyre & Rubber

Smith, Kilne & French 291% Bocony Kobu Oli

2811

Standard 0 of Cal

3824 Standard Oil of Ind. 694

Standard Ol of NJ

Sunshine Mining

173, 1 Swift & Co.

Texan Co.

99%

-UPI.

Inst Growth

Wellington Fund

Jockey underwear

made only by Bookin

"PATROCLUS"

Damaged cargo ex tita vessel will be surveyed by Mesars Haulsen & Bayes-Davy, Ltd. at loft's Wharf from 10 .9. un Karch 21 and 22, 1950 and eigners are requested to have diely representatives pre- went during the survey,

AUTTERFIELD SWIRE,

Agente.

Hongkong, 18th March, 1070,

Thursday:

P&O

$3,003,000.

The market main- wined its firm undertone in spite of persistent prol- taking. Renewed support for mast Issues resulted in Rood

Ha

INDUSTRIALS Cement

STOKES, ETC. Dairy..... W212011 all round gains. Dusiness transacted amount- od to approximately $2,205,000.

R.M.S. "IBERIA"

EMBARKATION NOTICE

For United Kingdom via Manila, Singapore, Colombo,

'

Bombay, Aden, Suez-Port Said & Gibraltar.

EMBARKATION: Passengers should embark between

SAILS:

BAGGAGE:

6.00 p.m. and 6.30 p.m. on 20th March, 1960,

At 12 o'clock Midnight on 20th March, 1960.

Should be sent to the Hongkong & Kowloon Whar; Co.'s Godown (No. § gate) by 5.00 p.m. on 10th March.

SUBJECT TO ALTERATION

Lane, Craw.

coTTONS Textiles ..

བྷ

45

200377

300 37.36

B000 of 37

500

45

1000 of 44.75

200 ve 4415

27 1020

210 6

20.70

503 2015 26.80

33 1000 30

300 61

B2 9.83 2003 1 9.30

Nanyang MISCELLANEOUS

Vo XD. INVESTMENTS

121]. ....... Miller

HK. & FE

Invest,

2004 u 9.83

2000 € 7.00

15.30

13.04

8.30

0.00 0.00 300 0.48

10.30 10.30

Exchange rates

Tualise way done

In the local

Yesterday's Closing

Interchemien! Corp, Int Business Machines Kennecott Copper ... Kimberly Clark

Liggell Myers Tob. Co.

Warner Bros.

Waukesha Motors

Westinghouse Air Brake Westinghouse Electric Western Union Tel Co. 40% West Va. Pulp & Paper Winn-Dixie Stores

70% Woolworth (K. W.) Zenith Radto

COMMODITY PRICES

METALS

NEW YORK Closing prices, all per 1b.:

Lead Mas.

MAY

Zine

Mar:

May

Copper Mar

May

LONDON

No. 3 March 4 March

NO.

Spat rubber undated Blanket crepe

No. 1 pola ciupe

AMSTERDAM

11016-11714

120-120 314-LID

193-131

Closing prices all in guilders

per kilogram, c.i.t. Mar.

No. 1 rubbar

in cents No. 1 rubber

11,50

11.40

11.30

11.40

20.73

23.47-50

Closing prices, all in sterling

wwwficial Exchange *market this per long ton.

moming at the following intestina

Sierky noter' (pér £}}

Indonesias muplah

Stam tiels (per 100)

No. 3 rubber

No. 1 arepe

3.30 buyers

3.34 busre

3.32 buys

337 buyers

COTTON

NEW YORK

SUGAR

NEW YORK

Closing prices all in cents per 1b.:

Contract No. 4 (world)

3.25

March: 3.00; May: 3.17; July: 3.19; Sept: 3.21 Oct: 3.20 Jan Mar: 3.0; Moy: 3.31; Spot-(F.A.B. Cuba): 3.07.

Toni Salen: 614 contracts. Open Intereal: 0,118 contracts.

Contract No. 6 (domestio) March: 576; May: 053: July: 5.30; Bept: 5.03: Nov: &93; Spot(Cl

Total Sale 309 ountracta. Open interest:.3,24 contracts. UPE

Closing prices all in cents per N. ex-duty): 5.70.

U.S. dollars per $17020

Buyers Sellers

6.74 Tin

Australian note 21.

12.03 2.10

20.02

15,07 Społ

3-month Copper spot

70136 ***

700

790

lb.

254

251

3-month

230%

MB: 33:23;

Lẹp 2nd half Mar.

• Jue

Eine zud half Mar.

*78

69%4

June

UPS

15.

Slogorące (Slut)

CITY LIGHTS.

RUBBER

NEW YORK

MAY!

March: 27.07 July: 307 Oct: 30.00; Decl 31.05; Mar: 21.31 May: 3150; July

·5092 30.00 Oct: 30.29; Dee: 30.45.

Rex rubber futures closing prices, all lai cents per 1b.:

March

MAY

July

NEW ORLEANS

Clozing prices all in centa per

Spot: 31.00; March 3160; MAY: 32.10; July: 30.45; Oct: 30.57; Ded: 200 MAT: 21.04; May: 31.40: July: 20.00: 20.40: Dee: 30.03.

BAO PAU

(Cloeling prices all in cruxeirý per kilo)

All unquotex.

FOREIGN EXCHANGE

NEW YORK Closing rates: Canada England offcial"

*

30-daya 90-day's

Average prico in US. at 14 designated spet markets: 32.03 Now' Zealan

Total cales: 30,000 bales,

LIVERPOOL

Closing prices all in pence

| South Africa

LONDON

Closing rate: New York Montreal American Contract

Anselerdapa March/April: 91.75; May/June; Brussels

22.20 Oct/Nov: Copenhagen

cents

41.53 40.95

40,00

.30.00

20.10

per lb.:

“Ländpa Kassys* Aspi

porta; No. No,

March

SINGAPORE Closing prices

all in Strakts 16b. Malayan por by

March Marc. 219-14

7.30

27.00

2.15 pecan3 #

'Mixed "Conirnet

March/April:

* And, then the booma came, and the handsome prince "und "Nika "Veautiful princess, totch their 'shurga rtality" "Higher and higher, lived

happliv Zastan↑

Frankfurt

PAH *19.40; ** May/Juney | Bibokholm

DAGUR 148 Nat/Apa, #2# | PWM

1.06-032 2.0003

2.9039

2.7245

2.9702

2.00-1/10-2.80–11/19 2,00-9/10-200-11/10 30.0546-10.067)

12.70-11.70 3153.5-14.dati

THE BEST JUDGE

OF SECURITY

is a Bank Depositor with

LOMBARD BANKING

59

Interest paid withunt dednetian of Uglied Kingdogs Įncome tax, Write today to the General Manager for your copy of "Bank Degynt Account" Dunkel No. AZTA

LOMBARD BANKING

LIMITED BANKERS

Hood Afica! LOMBARD BOUIE, GERZON WIRELE PARE LANE," LÕEDER WI

Lakezelated Barys z LOWBANG BANKING SPAN KA