[ Page 2
THE CHINA MAIL TUESDAY, AUGUST 9, 1960.
COMMODITY PRICES Profit-taking
SUGAR
NEW YORK
Closing prices all in cents
Contract No. 4 (world)
Spot-FAS. Cuba), .............
COTTON
* NEW YORK
Closing prices all in Straits
cents per 18. fo.b. Malayan ports:
No. 1 Aug.
Sept.
No. 2 Aug.
No. 3 No. 4
Closing prices all in cents per lb. | spot rubber undsled
Spot
Oct
1.83
Dec
3.31
Mar
May
3.33
May
per lb.:
!
Sept.
Oot.
Jan.
Mar
May
July
Total Sales: 10 contracts.
Open faterest: 4,195 contracts.
: Sept.
5.94
Det
Nov.
3.90
Jan.
4.07
Mar.
Mar.
5.BG
May
Spot-CL. NY. ex-duty) 5.90
July
Open interest: 1,809 contracts.---UPI.
Dec.
Mar.
May
Contract No. 6 (dumesties
Total Sale: 50 contracts.
METALS
NEW ORLEANS
Closing pelees o con fan
LIVERPOOL
Birket grČINE No. 1 pale crede
LONDON
10416-1012%
1081-100%
104-100%
103-104
TORGRA
10414-104% 91-971
113-115
Closing prices all in pence per
32.70
31.01
11.26
$1.12
lb.:
No. 1 Rss spot
30-3014
Settlement house
term:
Aug.
Sept
Oct/Dec.
Арт./Мау
30.98
General markris, c.l.f. basis, port
31.53
Aug
31.79
Sept.
32.09
Oct.
32.14
39.55
52.56
32.76
32.90
ib. Jan Mar.
Closing prices oli in pence per lb.5
American Contract
Det/Nov.
Dec/Jan.
Mar/Apri
NEW YORK
Closing prices, all in cents per
May/June
Mixed Contract
Oct/Nov. Dec/Jan
Mar/April
1b.:
Lead Sept
Nov.
Zinc
Sept.
Nov.
Copper Sept.
Nov.
LONDON
per long ton:
31.10
11.15
May/June
11.40
11.43
30.35
JU26
22.40
238
98888 688
22.75
-UPL
Estate crept Us Alle.
thick Aug.
FOREIGN EXCHANGE.
NEW YORK Closing rafts:
Canada
England och
30-day
90-days
WE
others unchujed
1ONDON
Closing rates;
2.8004 2.8053 2.7970
sets in on
Wall Street
New York, Aug. 8.
The stock market: failed to stretch its
HONGKONG London stocks
STOCK EXCHANGE
D
Our Own Currusquendum
Business done, at the Roog- kong
Stock Exchange morning.. amounted to proximately $1,039,000.
this
No
Noon
quotations and the morning's
HK Bank XD 119 120
rally to three in a row today, as a result Lombardex.
of some profit-taking.
Litton Ind Lockheed Aircraft
Loews. Incorp,
The list was well sprinidled with a number of good in
vidual. gaths. Buyers, con- Lone Star, Cement Co. centrated to a krge extent on Lowenstein & Sons
McDermott 3. Ray stocks outside of the averages. McDonnell Aircraft
Merek
Among the blue chip losers Meat Iron Corp. were Westinghouse,
downesota, Mbulu
3ion Deviòlopment
arouna three, folk, Dupontamento Chemical Co. of arbund a point and Eastman Montecatin Kodak of a riall fraction
Prices were mostly gum in 1.03-1/3 the mothing but begun, filtering at the many mark when sellers began taking pronia in attraits. These issues however matged to ravan a large part of their early strength before the close.
New York ..... 2801-281 - - Montreal
2.72-2/16-172-15/18 10.5032–10.201
Closing prices, all in sterling
|| RUBBER
NEW YORK
Rex rubber futures closing Libon
Tin
Spol 3-month
Copper'
Spot
Buyers Sellers
Amsterdam
Brussel
80312 804
804 8051
Copenhagen
Frankfurt
2503;
250 prices, all in cents per lb.:
Oale
3-month
249%
250
Supt.
37 Ka
Paris
- Lead ist half Aug.
701:
70%
Nur.
34.10
Stockholm
Nov.
71
714
Jan.
35.60
Bilan
Zine Int half Aug.
88%
89
35.15
Vienna
Nov
8812
UPI.
B8%
Mar.
May
July
34.93 34.50
Zurich
..... 30 25-80-350
FIRST HONGKONG FUND
EMPLOY EXPERTS
20.02232-20.0335
$3.7635-13.7536
1743/2-1743%
12.56-72.59 12.00-12.00% -
TO HANDLE YOUR INVESTMENTS!
IMPORTANT
The offer open on 6th August, 1960, and closes pot later than 16th August, 1960. Applications must be received at the. offices of the Managers, Hong Kong Unit Funds Limited P.O. Box 690 Hong Kong, or 701 Alexandra Houre or at The Hong Kong & Shanghai Banking Corporation, The Chartered Bank or The Mercantile Bank during that period.
Losies
Steels featured 18
around a point in US Steel and Youngstown. Steel operations are expected to show little ang improvement for the rest of August.
Ford the American Motors eased in the motors where General Motors frmed Chrysler managed to rebover most of an opening 14-point decline by the end of the fourth hour.
Vendo tose around two in the
-machines, vending Brothers more than two in the motion pictures, Texaco more than two in the olls and Zenith more than a point in the elec- tronics.
Montgomery Ward Motoro Inc. Nacional Bocus Co. sealant Căn. Reg. “A” National Diry Prod. Nation wed National Steel Corp. New York. Central Noranda Mines itá Norfolk & Westen Ry.
orin Ainer, Avadon Northwest Airtines (Com)
Oklahoma Net. Gas Olin "Malbieron Otis, Elevatore. Owen-indu Gina Oxford Peer Co...
Pan America Airways Paramount Pictures Parke Davis Co Pean. Bill. Co.
Philip Morris Pitney Bowes
Procter & Gamble Co. Pittsburgh Plate Glass Publieker Industrier Pure Cli
Radio Corporation Radio Corp. Pre Raytheon
Republic Steel Reynolds Metal
Reynolds Tobacco
extend
their advance
London, Aug. 8.
Stocks extended their advance undër delective bus;
ing in a quiet market but Improvements stayed modest and plus signs proved scarcer than on Friday:
Most sections in industrials elocked gains
and the leaders
transactions:
Shares - Buyers šalters
Bales 301195
113
2501183
Union Ins Wharf Co..
92
Waterboat Wheelock
220
7.20
234 28.20
50 @ 226
724 1000 TIS
$800 7.23
Tobacco the exception.
stayed firm with Imperia
1000
1000 ve 1.70
7.70
2000 7.70
HK Dock
109
100 200
100
100 110
list.
Steels
C. Provident 20.10 20-40 3613
1846 HK Hotel. 4034
Demands for stores, properties and barlos game strength to the
and engineerings 20.20
20 tacked on fractions and 20.20 electricals made a bright show-
| ling. "
Gold mining shares were 100 st 32 trendless after a quiet, day, Coppers drifted despite à fim
HK Land
300 ₫ 58
Yaumali
Tram
Ch. Light
Electric
181
32 32 22 1240 24.20 28.30
1000 44 28.20
Telephone
381 3892
100 3
100 @ 39
G.I. Cement 53% 5435
650 343
500 54
500 34
100 v 28.30 Opening and title turned duk
Erratic movements marked cils but hey finally ended with a spread of small gains, Some rubbers responded to de
Dairy Farm 20.40 28.00 1000 € 28.50 mands but this generally essed.
Closing prices
tilenged Bohäs
British Transport 35, 1974/13--
441
Watson.
200 23.00 26 1500 24.80
-UPI.
Alised Inv, 5.83 5.90
Textile
Ex. All
8.65 8 2000 8.10
Nanyang Ex.
$4
Bonus Issue 13.80 14.23
2000 # 14
4
A. Rubber 6.40 5.65
2000 in 5.50
5000 @ 6.55
5000 66%
38 R. Trust....
8.55
Taiko Dock 8319
Realty
1.80
HK Gas
Gilman
54% 1200 @ 54 600 54
1.85 40000 @ 1.825 100 G 1480 1170 @ 14.70 1200 14.70 500 14.70
9 0.13
LOS
Langkat
Royal Bank of Canada Royal Dutch
Int'l tow.
315
Warner
Rheem Mig.
17..
Sears, Roebuck & Co. shell' of Co
Today's volume, was 2,980,000 shares. Of a total 1,193 shares traded 354 were higher and 426 lower.
American exchange voluine was $60,000 shares. Bends volume amounted to $5,570,000.
Dow Jones clothg were:
20 industriais
20 Rails
15 Utilities
65 Blocks
44 Bands
Comm. future price index
averages
Closing prices
Ablubi Pwr. & Paper Alden Inc. Acy. Algoma Steel Corp.
Allied Chemicals
Allied Mills Inc.
Allia Chalmers
Am brake Shoe
Baleway Slores
Baint Reg. Paper
Schenley Inc.
Scott Paper Siegler Carp Sinclair Off Smith, Kline & French Becony Mobil on Solar Aircraft
Bouth, Puerto Rice Sugar Southern Co. (The), Southern Natural G Bouthern Ballway (Com.) Sperry Rand Standard Brands.
Standard Oll of cal, Standard Ou of Ind
standard Ol of NJ. Sierling Drug Cò.
824.79 Stokely-Van, Camp.
134.07 Stone, & Webster
97.99 Bludebaker-Packard Corp.
20141 Sunshine. Mining
84.62 Swift & Co. 144.15 Texas Co.
$38
Textron Inc. Thiokol Chem.
Tide Water Oil
Time Inc.
Tri-Cont. Warrants
499 Twentieth Century Fox Film
2015 Union Carbide
Union Oil of Cal.
Union Pacific Railway
2/1
United Aircraft
391
American Airline
19
American Cable & Radio Cyng
American Cynnamid Co.
53
Amer. & Forgn. Fower
Am Gas & Electric
Am, Home Prod.
Am. Mach, & dry.
American Metal
United Frult
United Gat. Corp.
a4U.S. Gypsum
US. Line Co.
U.S. Rubber
551 U.S. Smelting
Humphreys 24.10 23.40 Star Ferry 189 171 Macho Elec. 12.60 13 L. CTAW ... 41 411 Vibro
15.30
1000 14.70 2 10000 @ 1.95 600 @ 1.10
NY sugar market
New York, Aug. 8.. World No. 4 sugar futures today closed unchange to two bolts higher with les of 16 contracis.
Domestic No. 6 sugar closed four higher to seven points its lower with sales of 50 contracts. Basi
Activity was hardly broad enough to develop a trading contract, in either 40 feature
Traders generally favoured neutral position in face of the 3711 Increasingly complicated politi- 6cal situation in Cuba-UPL
19
23
115
442
444x
20%
Exchange rates
Business was done in the focal unofficial exchange market
30% moring at the following rates;
US. dollar (per 31)
T
29
gen
1.60
27% Sterling notes (per ell..
45.85
40
Australian notes (per21)
14.55
272
Indonesian rupiah (per 100)
2.99
174
US. Steel
500?
Siam ticals (per 100)
26.13
04
Warner Bros.
4814|| Singapore (Straits)
1.81
24
Waukesha Motors
31%
BO
Westinghouse Air Broke
5315
Westinghouse, Electric
6316
28
Western Union Tel. Co.
4432
West Vi. Pulp & Paper
42
Winn-Dade Spores
239-13/16.
Consola 14%–244.
Opepole # RBB-0/16.
Conversion Loon 35%
£58%
Funding Lean
£81-5/18.
Funding Stock 31⁄2, 1988/2004-
£61.
Bowls
English General ulc
Indo-China
al- ed.
da xa cor. sem Nav. ca, def
P&O Steam Navigation def ord—
Grist Universal Stores "K"--368. Woolworth F32, ̧& Co–89. Tijd.
Cons Goldfields of South Atrick= Bás Bd.
Cone Zine Corp. Ord–754.64. De Beer-det-1300% 4154. Hangkong Tin-10% 739d. Petaling Tin-73 €40. Rand-110
Southern King Cona Ida tď. Union - Corp—190 1560. wen Driefontem Colémining–83.
Ou
Briley Bornis Petroleum syndli- cal 42 Bd.
ed.
Britian Burmir Petróleum—ix sid. British Petroleum Co., 144-401 Burmsh-408 64.
Royal Dutch Petroleum-2:13-15/16, Shelt Transport & Trading-134 34.
--fouter.
1901-
Rubber
1950/60
Funding Loon
4%
130/90-
market
review
car
3d:
SAVIDES 3%, 1065/65-287-11/14. Savings, 1960/70-78. Savings 3%, 1985/75-270-9/10.
Blaki
Barclays Bank "A" Ltd ord-80s "Chartered Bank-sia.
Hongkong-2004
Lloyd's Bank A”-da 3, National & Grindlaya Bank-54s. inmrance
Union Insurance Canton-£4.
Álieriti and Mótori -- British Motor Corp. Ord--171 34. Ford Motor Co-eds_1340. Hawker Siddeley Group Ord--291 Hall Royce La oro-12% id. Rootes L "A"-994.
New York, Aug. 8: Rex rubber futures today closed 10 to 35 points higher with sales of 19 contracts.
The Armer trend reflected higher London cables plus
Standard Trump International-covering in the September de
140.
Breweries
Distillers Co—–424.
South African Breweries--2) ̃æd.
livery by shorts
Dell very fears were aggravated by reports that several rubber. carrying steamers have been un- Cement-disable, to load - rubber at the
Building & Materialg Associated Portland
Ilad.
Goodies Wall & Leia Ordes
Cond, steel and Engineering Babcock & Willoux Lid-345, United Steel 80%. Vickers Lid-323 34.
Food and Tobacco British American Top, Co. 55 34.
Imperial Tobacco Co., Ltd- xd cor.
Congo part of Matade, and that several steamers were led up it that part.
Locally, current month No. 1- Res was quoted 3714 cents Limital.
In London, the rubber markét 3d was quiet with spot quoted at
30: No. 1 Bas spot 3014.
Boardman Marden Lid-44. Briti Oxygen Ltd. Ord-24 1030x4
Canadian Pacife Fly-4
De La Rue Co. Ord-89.. Dunlop Rubber Co-2 6d. Gillman Hong Lis Hongkong & Chiba Gali Imperial Chemicalõla 4344. Lyons & Cabin 711⁄2d. Unilever Lid-150s 90.
In Singapore the market raldd dull throughout the morning with trading very restricted, There w scine interest la lower
found sheets, which sellers reserved. The afternoon continued quiet but with some shal buying UPI,
7
No.
FIRST HONG KONG FUND
OFFER OF 1,000,000 UNITS AT $1.00 PER UNIT PAYABLE IN FULL ON APPLICATION
All shares currently included in the Trust Fund are shares quoted on the Hong Kong Stock Exchange
-FORM OF APPLICATION.
APPLICATIONS MÚST BE FOR A MINIMUM OF 300 UNITS AND THEREAFTER, IN MULTIRES OF 100 UNITS
To: HONG KONG UNIT FUNDS LIMITED
I/We hereby apply for......
price of $1.00 per unit, in accordance with the conditions contained in the offer and subject to the terms of the Trust Deed dated 12th July, 1960.
........unit in the First Hong Kong Fund at the advertised
„béing payamat in full for the
I/We enclose cheque/money order/cash for 3., sumber of units applied for. I/We understand that the money will be returned to mos in fall if no
Units are allotted,
I/We declare that I/We andare over 21
AJOUK JELE
SURNAME(S) (La English)
Wheem wate
He. Men or Mi
OTHER NAME(S) IN FULL...
ADDRESS
SIGNATURE:9)
Telephone No.
your
wata of age,
Date:
In the case of joint applications all persons must sign. Corporations should obl plets under the hand of an authorised officek white designation should be stated)
NOTE Dealed Information Folder is available from Hong Kong Unit Funds Limited 701 Alzandla House or P. O. Box 650 (Tel. 28106) or from loading Banks or Members of the Hong-Kolly Stock Exchange.
Am. Natural - CSE.
American Smerting
Am. Sugar Hef. American, Tel & Tel
American, Tob.
Ampex
Anaconda Copper Armco, Steel Armour Asbestos Corp. All Cone Mining Baiwin-Lina-Ham, Ealtimore & Oftio. Bank of Montrea Bank of Nova Scotia Beech Life Savers
B. C. Tel, Co.
Bell Telephone
Beneficial Finance
Bendix Aviation Corp.
Benguet Cons.
Bethlehem Steel
Boekg Airplane
Borden (The) Co.
Burroughs Add Machine
Call. Packing Corp,
Cena. Bk. of Comm
Cana. Brewers
Campbell Soup Ca Canadian Pacile R.
Case ( 1.) Co,
Call Tractor
Celine Corp.
C. 1. 7. Financial Corp. "Chrysler Motors
Cluett P body Colgate-P-molive Co.
Colombiers Carbon Co. Commercial Credit Canalidated Edison Continental Can Continenta Oil of Del. Crane Co.
Crown Zellerbach Cuban Amer. Sugar Delaware & Hudson Co. Diamond Alkai Diamond Gard Distillers-Seagrame Douglas. Aircraft Dow Chemical ........... Zapont, de; Negiours Eastman Kodak
El Paso Natural · Gas
Family Finance Corp.
First Nan City.. Bank.
Ford Motor Co. of Cons,
Ford Moto
Creggia Pacific
General Dyrmich Geners, Flectric
Generd Foods
General Motors Gen Pub. Ut. Gen. Tyre k Rubber Glidden. Co. Goodrich (B) Co. Goodyear » -Cyan Grumtners Aircraft Gulf
Idaho Power Imperial C Imp
Niing Cổ.
3012
Woolworth (K. W.) Zenith Radio
Chicago grain market
1179%
Chiago, Aug. 8.
Most grali fütures weaken- ed in slow, and mixed dealings today oh the Chicago board of trade.
Scattered liquidation, pecat- talking and hedge sales, worked, againat most hiltres. Rains in the rn beit prompted sales in eiten end soykowana,
The United Kingdom bought small parcels of corn. and France took 98,000 bushels of soybeans. A large business was expected soon in wheat and corn,
Wheat futures were traded at a slow vace. Some mutile, bought seal Commission house 611 September, arid porthwest bok houses offerell Depimber con-
25
Trading in skybeste klickened
5054 | at...shid-enbreing, and přich it were off made thin, #", "dit, 3% Early sales crime on favorable $2 erop news, industries bought on the decline, cili maced higher, 23while meals were milkek
Outdidé, holdets wire atly Blower-UPL
Agreed merchant
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