1960-09-30 — Page 2

Paga 2

NOTICE

THE HONGKONG & YAUMATI FERRY

CO, LTD,

Nolice to Shareholders

NOTICE

THE DOUGLAS STEAMSHIP COMPANY, LIMITED Notice to Shareholders NOTICE is hereby givan NOTICE 19 HEREBY that the Ordinaty Yearly GIVEN that the Board of Meeting of Shareholders will Directors have resolved to be held at the Registered make an offer to members! Olico of the Company, 6th who un

the 15th day of hour, P. & O. Building, Hong Tuesday, 18tli tered holders of the 604,000, October, 1960 at 18 Noon for lasted shares of the Company the following purposes;

October, 1980, are the regia Kons, on

1. To receive and consider

the Stutument of Accounts and Balance Sheet and the Report of the Guneral Managers and Auditors

thereon.

To elect Members of the Consulting Committee. To appoint Auditors and fix thoir remuneration. To transact ordinary business of the Company.

THE CHINA. MAILA

· FRIDAY, SEPTEMBER, 80, 1960.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

MARKET MORE ACTIVE

Good volume but little

price changes

any other The local stock market appeared more

of 262,000 'unissued ordinary shares of the Company of the nominal value of $10 each at valuc numinat ματ (such being payable in Tull upon; application on or before the 12. 31st day of December, 1960) so that each member of the 3. Company or his approved nomines shall be entitled to 1. upply for and take up one unissued ordinary share for every two of the said 504,000 NOTICE is also hereby Issued shares then held by given that the Transfer Books auch member. The shares so of the Company will be cloned offered shall, if accepted,; from 5th October, 1960 to 18th rank for dividends as from October, 1960, both days in the 1st day of January, 1961 clusive. (but not so as to entitle them tu participate in any dividend declared in respect of the year ending 31st December, 1960) and in all other respects

with the

#Athl present ordinary shares of the Com pany.

No fractional certificati shall be issued, but the shares : representing fractions shall!

By Ordar of the Members of the Consulting Committee, Per Pro DOUGLAS LAPRAIK & CO.

General Managers. flongkong, 23rd Sept., 1960.

OFFICIAL NOTICE

Proposal to change

■ Ship's name

be allotted to a trusted to be. 1, LAM KAI of 94, Kennedy numinated by the Directors Rond, 2nd Floor, Hongkong: upon trust for sale on such hereby give notice that conditions us they consider consequence of change of expedient and the net ownership of the vessel. proceeds of sale deas the have applied to the Minister amount of $10 for each of Transport under Section share payable on acceptance)47 of the Merchant Shipping shall be distributed propor- Act, 1894, in respect of the those steamship "CHOYSANG" of amongst tionately

KONG REGISTRY members who would other- HONG wise be entitled to such fruc-: Offlelu! Number 180846 Gross tonnage 1889.46 tons Register tions

in Juric

satisfaction

Tonnage 979.16 tons, hareto- thereof.

fure owned by The Indo Chinn The offer will be made by:

Steam Navigation Company notice sent by post to euch! shareholder specifying the Limited, Hong Kong, for per-

mission to chunge her name humber of shares to which to "MILFORD" and to have ench shareholder is untitled her registered in the new and such offer, if not name at the Port of HONG accepted either on behalf of KONG

by such member or his nominee,emisphere Shipping Com- on or before the 31st day of pany Limited, Hong Kong. December. 1960; will deemed to be declined and

be

แล

OF SHIPPING

active

towards the close although movement was negligible. The under- tone was fairly firm.

Buyers and sellers dominated

the market alternately with little change in prices,

The recent decline on Wall Streat did not appear to affect the market.

both Unions and without attracting.

Whecjocks remained the sanie

Wharves ni 57.75.

were duli with sellers at $240.

Trams, Chins Light and Elce- trics improved fractionally in utilities. Star Ferrios and Ynumaties wore sought after with buyers unsatisfied.

Telephones at ex-rights were Hongkong Banks remained

while in In-50 cents better on the week stendy at $1,100 surances buyers appeared for closing at $344.

In stores Dairies started the Lombards

week off strong unti the on- nouncement of a 00 cents interim dividend. Although five cents batier than last year,buyers ap- Both the dock companies Im-parently expected more resulting proved slightly with HK Docks in a slight drop in price. How closing at $104 and Talkoo sa ever, confidence returned at the better on the week closing at close and Dairies ended with a 862 with signs of further im-

ten-oemi gain on the week. Watsons were |provement.

neglected but Providents were fractionally Lane Crawford showed some boller white Hotels were bit strength to close 75 cents bet- 75 cents at $40%. Lands hunger. around the $58% Renities Improved better enquiries.

|

mark and

Gilman Holdings showed at. slightly on 5% rise on good demand,

London closes weak

Market diary

Friday:

Monday:

* The share

HK Bank Lombard

Union Whoolock IE Whart

HK Bealty

- HK Trams Star Ferry

market at a

5814

Bapt. 29 1180

*2014b

ས་

a glance ★

Up or Down

Dividend

Bonus

Sept. 1

Sept. 8

Sept. 15

Sept. 22

Yield (%)

114%

1170

1190.

1180

sondy

248

4.2

sáb

Sch

здь

30%b

250

器

5.3

285

905

94

048

7.05

7.45

7.80

7.75

93b

7.75

$3.40

3.0

Pasb

236

$36

teady

2KG

3.3

2300

240

18

3.4

BK Dook

100

105

103

103

104

+

310

9.7

Talkoo Docks

57

6914

AB

60

64

++$2

$2.80

4.8

Provident

20

20.80

20.00

20.80

++200

$1.20

5.8

HK Hotel

401

2235

41

41m

4014

750

$2.75

6.6

HK Lands

57%

69%

58xd

885

+500

$3.40

4.2

1.75xd

1.775xd

314

3134

1.775 31xd

1.775

1.80

+.028

1240

31b

314

+250

I $2.05

104xd

155n

105

183b.

188b

+++33

$9,50

5,8

182

183

180

21.80

25.10

28.10

38

28.40xd

3834

22.80 28.10xd

170

22.89 27.90

180

+$1

$8.50

4.0

22

++200

$1.10

4.7

28.10

4-200

SL.ZO

0.1

3814

2414xris

3tx

+500

$1.75

4.5

5314

55

asb

55

6534

+30a

#

7.3

2815

29.00

28.00

29.40

2012

+10c

50.00

6.5

25.00%

26.10

27.10

25.70

2734

-200

$1.50

5.6

2014

38

39b

2914b

40

+-750

$2.75

0.8

9.20

8.15

834xd

8.40:1

- 840

-150

750

8.0

5.80

5.80

5.83.

8.706

. 5.804

$L

HK & FE Inv

Textile Corp

13,80

13.80b

14

13.00b

14

+-400

309

6.3

8.30%

8.40

13.40

13.80

8.25 15.00

8.25

814

steady..

800

9.1

13.00

·14

+406

$1.10

7.9

Yaumatis

Ch Light Electrica

HK Telephone G. 1. Cement

Dairy Farm A. 8. Watson Lane, Crawford Int'l Investment Allied

Nanyang

HONGKONG Wall Street improves

STOCK EXCHANGE

by

Our Ben Correspondent

New York, Sept. 29.

Stock movements were generally positive today despite two attempted

rallies that failed.

Dow Chemical Dupont de Nemours

71, Pacifle Gas & Elec.

Pan American Airways

General Dynamies

Eastman Kodak Family Finance Corp. Firm Nat. City Bank Ford Motor Ceneral Electric General Foods

...

10912

Parañount: Pietures

Parke Davis Co.

77

Pondly I.. Co.

63

Penn, Salt Co.

30% Philip Mourts

121

Higher prices in two key pivotal groups--stoels and oils -falled to spread into the re- maining sections.

A Buoyant conditions

published repor! that prevailed in the

favourably Business done at the Hong-Armco Steel looks Play's trading wil kong Stock Exchange this on the industry's future outlook improvement and morning amounted to approxi- carried that section well over heavy tradkur Inmately $2,080,000. Noon "quota a point higher throughout. Docks and Banks.

tions and the morning's transac

Richfeld paced the oils with Turnover amounted tlons:

nearly a three point gain while Gildeen Co. 10 approximately

Shamrock added around 1 Goodyear Tyre $2,450,000,

and the remainder fractions.

lost around 1% on Ampex

+

Shares Buyer Sellers The market opened His Bank 173 1100

the weck on firm note and prices

Lombard. 3814 were welt

Union main-

д

Wharf Cu. Waterboat. Wheelock

tained. Taikoos and Docks were pro- minent. Volume of Inc Dock.

business amounted 10 approximately $1,950,000.

London, Sept. 29.

took Industrial stocks owned

spill on news today that the national rail strike has heen called October 17.

Other market casualties were stock which Was affected by news that the gold

be maintained.

However,

2

for Tuesday:

There was another

KONG within SEVEN days from the appearance of this advertisement.

Dated at HONG KONG the 28th day of September, 1960,

HEMISPHERE SHIPPING COMPANY, LIMITED,

on afternoon set-Wednesday: tuck for Imperial Chemical. spread lo other leaders and many blue chips drifted,

Any objection to the pro- the Directors will dispose of poseu change of name must the said unissued ordinary, be sent to the REGISTRAR,

4t HONG the gold shares as they think ft.

NOTICE IS ALSO HEREBY

purity of the .S. dollar would GIVEN that an Extraordinary General Meeting of the Com- pany will be held at the Com-į. pany's Offices, Jordan Road Ferry Pier, Kowloon, on Saturday the 15th day ofį October, 1980, at 12.30 p.m. 1. for the purpose of consider- ing, and if thought fit, pas8-| ----- ing the following Resolution As an Ordinary Itesolution:-,

"That it is desirable to sum of capitalise the

being part

$2,520,000,00

of the undivided profits

of the Company standing

LAM KAI,

Director.

NOTICE

THE HONGKONG & YAUMATI FERRY CO., LTD. NOTICE is hereby given at the credit of the Com- that an interim dividend of pany's Reserve Fund and three dollars per share on accordingly that a special the Company's issued capitul Capital Bonus of $2,620,- has been declared in respect 000.00 be declared und of the year ending 31st that such bonus be ap- December, 1060, plied on behalf of the per-

were

Dividend walkünts will be sons who on the 15th day available for collection at the of October, 1960, the holders of the 504,000 registered office of the Com- issued shares of the Company, 144-148 Des Voeux Road, Central, at noon, Hong pany in payment in full for 252,000 unissued or Kong, or will be dealt with.

in accordance with standing dinary shares credited as fully paid be accordingly tells, Bi and after

allotted to such persona

18th October, 1960.

By Order of the Board,"

LAU CHAN KWOK,

to

Managing Director. Kong, 29th Aug., 1980.

In the proportion of one Notice is also given that such ordinary share for the share register of the every two of the said 804,- Company will be closed from cod issued shares this Monday, 3rd Octobor, held by such, persons Saturday, 15th October, 1980, respectively, and that the both days inclusive. diates so allotted shall be treated for all purposes as an increase of the nomliä] amount of the Capital of the Company held by each Hong Buch shareholder dhd fot| De income, and that kichi shares shall rank for divi. dend as from the 1st day of January, 1961 (But hot so as to entitle them to participate in any divíděžd declared in respect of the

AND NOTICE IS ALSO year ending 81st Date GIVEN that the Share Regis ber, 1980), and that no ter of the Company will be, fractional certificates shall dloded frohi Monday, thỏ štu be issued, but that shares to Saturday, 15 15th October. - representing fractions 1900, both days füclusive. shall be allotted to a trus-

tee to the nominated by

the Directors upon trust

for sale on such conditions

as they consider expedient,

ambhirst

BROBOPtionately thoad' members who #öüld Blipwise bo endtied to Buch Tribtions and in datistiction thereof."

By Order of the Board

of Digesters, LAU CHAN KWOK,

Managing Director.

and the net proceeds of Hong Kong, 29th Aug., 1960.

sale shall be · distributed

Motors were mostly lower, Steels Partially recovered earlier fails while property and Insurance issues firmed along with selected textiles.

Gilt-edges lost some of their Thursday: hardness by the closing gong.

Street

Foreign bonds were irregular and dollar stock moved lower in

Wall sympathy with Rubber stocks inched Teas held steady,-UFI.

Closing prices

lower.

UK Government securities

2 Consul£45).

4 Console-07

31%, Convereton, 1961-£50!%. J. Funding, 1038/60-£80-7/18.

204-15/10

3

Finding.

1999/2004-

4%. Funding, 1000/90-87-3/10 1955/03—£68.3/IN. 3%. Savings 1900/70 £78). 3%. Savings 1905/75-ET1-9/10.

Booky mouFRECOS Bercinya" Orduda 9. Chartered-Bu.** Hongkong-£00%.

Union Insurance—£836.

Alturast and Motors British Motore 75-4 Ford Motor-430 34. Hawker Siddeley- Tpt Royce 1914. Rooles fild.

Standard-Triumph- 3d,

Hulding & Malezinin

Amos. Portland Cement-69 1544. Goodle, Well & Lead-ias.

Steel & Engineering

Babcock & Wilcax-00 40. United Steel-821.

Vicker-32 155

Paper

Dawater Paper Drd-674.

Tabacco, Food & Drawerles British-American Tobacco-le thi Imperial Tobacco-60% 01.

Miscellaneous Boardman Marder Bowsher Brillen Okýgélized. Canadian Pacific =830,

1345.

Dunlop Rubber: 20" 1390 Glinen (Haklingika, Imperial Chemical. UhliqVWx=1{AWA BA

Provident

Balou

50 1163 30 1150

2:10 23,500

.

103 105

"

101

31 71.20

41

10% 40%

HK Hotel 40%

active day with prices on the whole making fair head-HK Land

Bunks met

some renewed sup- port. Turnover

was approximately $2,484,000,

The market

5:00 00

Yauma Ferry can- Ex. All.. ilnue active during 10K Tram . 9135 the half-day session

but failed to main-

1300 90%

General Motors

Gen. Pub, VIL

Procter & Gamble Co.

Pittsburgh Piste Ches

413% Publicker. Industries'

Pure OURS

Ratio Corporation Radio Corp. Pres.

30% Republic Steel

Raynalds Metal Reynolds Tobacco Royal Dutch".....

18ty Scott Paper

Segler Corp.

Gen. Tyre & Rubber Gelly Oil

44

12

|

Grumman Aircraft

Gulf Oile

Haminood Organ

word that earlier estimates of Herden Newpart Carp.

prove daho Power

sales and prots hard

ISM to attain. over three on news of a new optical scanner.

Ingersoll-Rant

Inland Steel Co. Interchemical Corp.

Int Harvestor

2011

29

Safe Hog. Paper

20%

may

STA SIndia on

gained

Socory Mobi

38%

Bouth Fuerto Rico Bugse

Int'l Bustiers Machines

Standard Brans

Standard OÜ ̈ OF CAI.

International Nickel

40%

Standard Os of log.

3930

Standard DÙ of N

381

Steep stock .....

14

00

73:

Drugs were mostly higher with Upjohn and Carler up over two, Merek nearly 1% and the remainder close to a point. Motors were mixed.

Northern Pacific rose nearly 14 in the rails where Atlantie Coast Line sagged around two. Proctor and Gamble tacked on a point in the blue chips where American Telephone held steady.

Closing prices

Allis Chalmers

International Paper int? Tel & Tel Kenneroit Copper Liggett Myers Tob. Co. Litton Ind.***** Lockheed Aircraft Loows Incorp.

Lone Star Cement Co. McDermott J, Ray Merck

Minnesota Mining Mission Development Mousanta Chemical Co.

Sterling Erg Co.

Brokely-Van Comp

Studebaker-Packard Corp.

243% Suhine Mining

Swift & Co.

Texas Co.

Thickol Chem.

Union Pacific Fadway

*

T Water Oil

6334nion Code

12

80

36

United "Aircraft”

Montgomery Ward

ARTTY

United Gas Corp.

Motorola Inc.

74

Alden Isa. Aty, Allied Chemicals

$47

U.S. Gypsum.....

17

National Dairy Prod.

Rallonal Cank Rez. "AT

8317.8. Ribber

37

32

100 3134

Alfted Mills Int.

37

Nations. Lead

241

Ch. Light 23.10 23.20 2030 or 25.10

500

Am Brake Shoe

20%

National Steel Corp.

23.10 Amerkan Airline

New York Central

18

20.20 Am. Cable & Stadio Carp.

Amer, & Forgn. Power

American yoqmild Co.

834 North Amer. Aviation....

Norfolk, Western Ry.

45

Volume of business G. Coment amounted to ap- proximately

Dalry Farin

50 56

500 55 23.00 20.80 2000 2915

Am. Home Prod,

160

Am. Mach. F dry. American Metal

2018

Otin Mevsiors

2136

Owen-Illinois Glasa

000429

Amortenn Sinelting

Oxford Pager Co.

$1,250,000.

2900 20 2500

Am. Sugar Ro,

2011

28.70

American Tel & Tel

8812

American Tob

Ampex

fain the arm tone Electric 28.10 21.30 2300 prices registered HK Telephone Iructional loeses

400 34% c. RW, 344 345

500343

The market appear. Wateces ***** ed to steady with

interest centred in Talkoos, Gilmans

Texulo

Nanyang A. Rubber

"

and Lands at higher levels. Hotels were well supperi- R. Trust ed at lower rates.

Taikou Dock Business transacted was approximately $2,323,000.

Exchange

rates

Business was done in the Focu usofficial wxchange market this josing at the following cates:- U.S. dolar (per #1) Sterling notes (per 21) Australian notes (per £1) Indonesian rupiah (per 100).. Siam tiem (par 100)" Singapore (Strait)

8.30

2711⁄2

·833 1000 seÐ1⁄4

7375 8.30 1000+ 1.34 13.30 14.10 1000 14

6.00 6.10 10000 or 0.15 19000 8.10 7.03 1.80 1 .00

Humphrey 24.30 24 Realty

400 40036

1300 6 09:5

500-10

000 4 63 1000 of 33%

0003

500 24.30 ... 1.775 1.825 35000 to 3.00 75000 m D

HKC Gas... 14.00 14.80 400 14.70

1740 44.70 300 or 14.70 L.. Chaw... 3834 4011⁄2 300 a 40 Int'l Invest, 8:30

Fruiter 11.80 11

い

IW... 13.00 14 220

Gilmen ****

Star Ferry..

5.07

15.84

12.04

130

Main

1.00 Vibra

106 170

Blee. 19.00 12:30

10.10

1000 30

Anaconda Copper

Armed Steel

Armour

Atlas Cons. Mining Baltimore & Ohio Benguet Cony... Bethlehem Steel Borden (The) Co.

Add Machine

Durrouxing Corp.

Canadian Pacific B. Cat. Tractor Celanese Corp. CIT. Financial Corp. Chase Manhat. BRAK Chrysler Motors Cluett Peabody.. Colgate-Palmolive Co. Commercial Credit Consolidated Edison Continental Con '**** Continental Off of Del. Crane Ca

Crown Zellerbach Cuban Amer.: Bugar Delaware & Hudson Co Diamond Alkali

COMMODITY PRICES

RUBBER

NEW YORK.

gulber futures closing rfees, all in cents per lb.:

Bept, Nov.

Mer

May

Judy

dept,

*betrial-44) Mulch Mia

g

Constal Electio=30# 34.

SERGOTER

Indo-China Navigation-21m 04.

Steam. Navigation 37 P. 40.

Debenhame- Orkki Universal “AZ_449%%. - Marka Spacer-81= 10, -Windźwighth,“WOWMAN - MI

Textiles Conte, J. & Pads 7360 Courtrude ... Brillah Borneo-416 44.

Royal Tutels+ £19-1740,

· peteling/Vibram 1894. Chlon Corp:

તૂત.

Nov.

Estate drept thin pet

thick Opt, v. AMSTERDAM-

281-2825

2334-221

Clowing 'prices all in guilders i par klipgram c.i.f. Oct.

No. 1 rubber

Ko, 2 rubber

No. 3 rubber

34.50

No. 1. crop

SINGAPORE Closing. prices all in Straits cent per lb, Lob. Malayan ports:

No. 1 Cot.

No. 1 OF

Ná, #

No. 4 "

Spol rubber usbsled

Blanket crepe

No. 1 prie crepe

LONDON

0731-08

2,27 buyers

3.3 buyuri

COTTON

NEW YORK

2,00 Buyer Closing prices ail in penis par 3.00 buyers b

METALS

NEW YORK Closing Prices, all in conte per 1b.:

Oct.

plastfred

Closing prices all in ponce

per ib.:

No. 1 Raspot

settlemení, house term:

Oct/Dec.

Fan/Mar.

Apr Je

MyHept

2012-20

Glumcat ronrigste, 0.1.1. barla

Dea

Closing prices, dil in sterling per long, ton

Copper apot

Spot: 32.25; Opt: 31.58; Pec: 31-36: Mar 3131 May: 12.20: July: Oct: 39.46; D: 17.00) Wart

NEW ORLEANS Closing prices all in pente per la

Spot: 20/75) Pet: 2131: Deer 31,000 zuly?" 6795 Pet: 2749; Déé: 2230; Mar: 32:10; May) 32.75) July: 8245:

J

BAO PAULD

(Closing prices: all/in eruzeiro

::

Opt: 0.00; Der: 99.09. AVETODE price uk, at 14 de sighateapot Ingekete 20.35 cents.

•P0JMT safen:/61/418/paleng

LAVERPOOL „Florida | Kriges alj in pençe

Blue Amariosu Claniraol

Northwest Airlines (Com.)

Oklahoma Nat Gas

Olin Mathieson

US. Smelting

8.5. Steel..

69.B. Bb

7 P.C. PF

16 Wazer is.

Waukesha Motorw

3996 Westinghouse Air Brake

Westinghouse Electric West Va. Pulp & Paper WM-Dixie Stores

Woolworth (KW)

·903 Zenith Radio

2011

401

PASSPORT TO

SECURITY

LUMBARI

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LIMITRU BANKERS

AVloerkzaakce Larg

126 POST PASSEDUA

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Open a

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BANK

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