THE CHINA MAIL, TUESDAY, NOVEMBER 8, 1960.
HONGKONG Wall Street gains London
STOCK EXCHANGE
Our Own Correspondent
Business done at the Hong- kong Stock
this Exchange
inorning amounted to approxl- mutely $3,000,000. Noon quota- tlons and the mourning's transac- tions:
· Bhares
Buyers Sellers
Balea
IIK Dank..
1330 1348
110 1330
10120
tiniou ins XD
1221 248 20.00
40 F 1320
11030
1005
100 244
Whorl Co. Waterbat Wheelock.. $1.45 A BONG 3.45
32000 19
1 Dock .. 100 100 200 100
C. Provideal 21.60-21.0
IK Hotel
42 4212
UK Land...
Yaumaţi
Yau
Trim
ch, Light.
C3 65%
102
10:
87
073
3
32
25.10
Electric 30.19 20.30 Telephone.
Telepiune
Rik,
30 38,
... 10.30 19.44
G.. Coment
Dairy Form
100 or 100
208 # 158
2400 21.30
08521. 500 21.00
$2
20042
1400 (2 500 42 1906402
300 - 0312
2200 10 EST)
400 10 EN
G00 « 651
400 68
1200 ei USTR
100 102
1200871
*500 32
1030 - 32
INJU 243)
1023 or 2430
1000
$ 220
troa
25.10
300 25.19
1002.20
6000 14 25.10
K34 LOOD 50
#2030!+4
FOR 102) 162% 19.30
10.4 19.AU
290055*4
321 202
2300 « 1125
500+
Watson
2012 3102
Allied Textile
I
5.90
200 30 1000-31
8.44 895 1250 8.85
+
1000.00 4000 8.90
2508.90
Nonyang.. 14.70 14.0 1000 14.70
Rubber 0.0.3 5% 3900 5.05
A.
Rubber T.
XD
5000 $13.78
BODU 5.70
1000 a $4
13000 6.70
A
12 7.80 Taikoo Dock C4 C4 1000 64%
30042
linelly
Rubber in active BRITAIN'S
market
review
After
Singapore, Nov. 7.
opening slightly
higher the market
trading
New York, Noy. 7.
fluctuated narrowly later Stocks advanced in a strong and moderate.
in the morning with most
confined
to
business December
Rss and switching of positions. Latterly improved buying and shortcovering took prices to highest level of the morn- 1.
Opening steady after Junch general trade buying With right through the rest of the
session.
Factories were quiet,
In London, the rubber mor- ket was barely steady with
2099. No, I spot quoted
Rss spot 2014 20%.
In Amsterdam, rubber mar- kel very cat today.--UPI.
U.S. grain sales
Now York, Nov. 7.
ly active opening today.
The steel group was about General Electric the only soft spot as home General Mil starts dimmed for any notice General fotors
Gendral Telephone alle improvement in operations Georgia Poethe Corp.
Getly Olt 52 per cent from the current
And level. Youngstown Tube Sheet and Bethlehem Steel de olined fractionally while U.S. Steel made a smelt gaini.
Motors responded
Gillette Co.
Goodrich, D. F.
Goodyear Tyre & Stub.
ZA
HP DEBT
DECLINES
London, Nov. 7. Britain's hire-purchase debt fell in September by eight million to £962 million because of the credit Board of
squeere, the
Trade said today.
This followed a small
1J
allion fall in August, the first
drop since March 1958,
The falls In August and
contrusted September
to reports
Ingersoll Rand
Grace W. I, & Co. Gulf G
fe'l Harvester
in Balnear Mach.
Int1 Nickel
031%
until May this year. Instalment credit
of higher 1961 mode? sales with more in a half or gains of American Motors, Generel in. Paper Motors and Chrysler,
International
jerl the Machines
| Lockheed Aircraft Lone Star Cement Lorillard, P. Co. Martin Co,
Int. Tel & Tel. Jones & Laughla Business | Kaiser Aluminium electronics Kennecoit Capper
Libby Owens "Ford with a gain of more than three. Liggett & Myers Litton picked up more than ore and RCA more than a half,
In the camern section Polarohl gained around three in the Chock Full O'Nuts cameras,
In the inn two
foods more Owens Illinois more than one in the glass issus.-UPI,
Merck & Company Metro Goldwyn Mayer Minneapolis Honeywell Minnesota Mining & Mig Monsanto Chemical Montgomery Word an Moore McCormack Lines Motorola Inc
National Biscult
National Cash Register
Closing prices
$ Gin
National Delry Prod.
2311
Netional Distillers
291
68
07
The United Kingdom pur-Ad Chemical Corp.
Chalmers
chased 3,600,000 bushels Ahmatum 'd.
Aluminum Company
of U.S. maize for ship- Ateratia Petroleum
December American Airlines
American Cas
ment
from
through June, exporters American Cyanamid reported today.
Israel bought $88.000 bushels
matze for
of U.S.
shipment.
American Smelt & Refla American Sugor American Tel & Tel
December American Tobacco
Anaconda Company Annee Steel
Spain Jarchosen 2,170,000 bushels of U.S. red wheat.
Ceylon bought 20,000 tons of U.S. flour.
Pakistan pinchaper tons of U.S., rice.
Jupan la expected 1,400,000 bushels of U.S. coy beans on Wednesday.
Armour & Company Asweinted Dry Goods Atlantic Refining Bendix Aviation Bethlehem Steel
National Gypmun
National Lead ....
New York Central
ing | Northwest Adrimen
37
4331 Oun Mathieson Chem.
635 Pacific Gas & Bee.
2014 Pan Am. World Always
0314 Paramount Pictures
50%
Pennsylvonta. RR
443 | Pepsi Cola
631tzer, Charles
33 Phelps Dodge...
caPiip Morris
33 Phillips Petrol
Raytheon Company
Reynolds Metals
81
Pure Ou
40% Quaker Oats
20,000
Boeing Airplane
13
Hado Corporation
Borden Co.
14
to buy
Borg Warner
324 Republic Steel
Burroughs Corp
Bridgeport Brass
22
Reynolds Tobacco
Canadian Pacile Battway Case, .1. Ca.
211
Royal Dutch Petro!
St. Regis, Paper
Sears Hochure
Shelf O.......
4
[みだすら
Go
The Uinted Arab Republie per Wednesday is expected to pur. chase 1,500,000 bushels of U.S. wt:cal,
Iran is due in the market faler
70004 this week for 3,373,000 bushels 3.80 1975 10000 1.875 of US, wheat,--AP 14.40 35 4370 15
Ek Gas... Lane, Crow. - 40%
H.K. & F...
Invest
Gian
41
500 40
200 67 4022
2.123
14 14.50 SE 14,40 2.10 2.15 5000 Int'l lov... 0.00 8.70
Jhumphrys 2406
Star Ferry 172 171 Macau Ele. 12
Tiope
12315
Exchange rates
done in the local
Was Buckne
market this nodigal exchange
at the following rates:- morning US dollar per si Sterling notes per ki Australianotes iper il .. Indonestar suplah her 100) Siam ticals (per 100) singapore (Straits)
Celanese Clary. Am
Carro De Pasco
chaler Corp.
Otties Service Coca Cola Corp. Colgate Palmolive
Commwealth Edison
Comackdated Edson Continental on Com Products Co. Cisane Company Crown Zellerbach Curtiss Wright
Choose the Burroughs Sensimatic way for
Shell Transport Sinclair
Scrony Mobil ou
Routh Am. Gold & Plat South Califomla Edison
664 Southern Company
Mit Sperry Hand
GO
Standard Brands,
Standard Of California Standard Di Indiana
Standard Oil New Jersey
Standard Oil Ohio
品
with
sharp growth in hire purchase
rales by
household goods shops, despite
ronte seasonal recovery, were 30
per cent below a year earlier freud was strongly
2015 when the
ewards. New
Anance
business of 22huuses, which deal largely with
55
car sales, was a fifth below Sep-
a2 tember last year.
134%
CO
સામ
Lo
FO
The latest totals show that £637 million was owed directly finance houses against £642 millian
and In August, 11% that £325 million compared with £328 million was owed directly to household goods ne shops-Router.
7142
Agreed merchant
rates
closes firm
London, Nov. 7.
The stock market closed
0
higher today with selec- tive demand giving firm undertone to indus- trals.
Steels, engineering and
coppers
motors improved. Stores' were mixed and tobacco insuca caster,
Gold shares formed.. were higher.
Oils finished in higher ground. Rubber
issues were slightly
Gilt-edged securities ended
stocks ro50,-
higher.
mixest. Dollar UPI.
Swiss France, Maximum Sell- D ing 75%.
Unit trust
First Hongkong Fund
Buyer Price: $ 1.00. Suiter Price: $ 1.06.
Closing prices
British Government Securities 215, Conadildated-£16.
Conversion= £38–18/10,
3
35. Savings 1055/03 £89-15, 16,
e Savings 1970/70-£75k+
3. Saving# 3905/75--£71.
Banka & Insurance
Barclays Ord-40%. Chartered-Bank-50% 30.
Runkon Bank-470. Lloyds Bank-731 d. Union Insurance £7-15/10.
Qu
British Petroleum-40s 0. Burmah 0-30% Gd, Royal Dutch-12-8/16.
.
Steels Engineering Babcock & Wlicux Ord—300 740. United Sicel-*[90] Vickers Ord 200 10148.
Industrials" Arne. Elee, Industries-445. Assoc. Portland, Cement---608, Boardsh; Marden Ordin Ba, British Motor Ord-15 3d. Courtaulds Oftats. cols f & 17 Dream Đại
joisd.
De La Rue,
kl.
Dunlop Rubber Ord--221 Eles, & Mus, Industries-45s. Ford Motor Ord-big 5d. Ginan (oldings), Ord-2 Great University 309 7294. Hawker Siddeley Imperiat Clement Ord-ti■ 34. Marks & Spencer "A" Ord=803
Rolls-Royce-43% 15d. Standard-Trid. Unilever Ord-151 bd Woolworth Ord-605-74.
Minea De Beers Thef-1849 454. Petaling in- 1d.
Miscellaneous
Bowmaker Ord-24% 7 Canadian Paciße, Ord-638150. Hongkong & China Gas-10. P. & Q, Scam Nav. Def.-34 d. -Reuler.
COMMODITY PRICES
RUBBER
SINGAPORE
Closing prices all in Sirails rents per Ib. 1.o.b. Mulayan
Det. Mar. May
Mixed Contesol
METALS
95828
LONDON Closing prices, all in sterling I long ton.
Buyers Sellers
0023 003
Dit Corp. -Sengram
517
Douglas Aircraft ....
2972
Sterling Drug ........... Studebaker Packard
Dow Chemical ......
Texaco Inc
5.0F 15.83
Dupont De Nemours
18091
Eastern Air Lines
Thampton Hamo W. Tidewater Oll .....
ports:
No. Nov.
80%%-60%
12.47 Eastman Kodak
1073/
Twenty Century Fox
Dec,
90%-DOY
Ford Motor Co
3.40 Food Machinery & Chem 28.30
$45
Trans World Airlines
11:
No. 2 Nov.
Union Carbiste .................
31735
No. 3 Nov.
150' General Dynamics
371L
Union Oll California
43%
No. 4 Nov.
B41-0012
Union Parine
27%
Soot rubber unboled
0916-09
United Aircraft Corp.
3924
Blanket crepe
70-77
United Airlines
No, 1 pale crepe
03-04
United Fruk
·Tin
U.S. Industries
LONDON
Spol
20%
3-month
441b.:
Copper
Sent
2241
No. 1 Raspal ......
2016-2634.
3-month
223
.47%
Seitlement house term:
Lead 1st Half Nov
Jon/Mar.
178
Apt./June
Feb. Zine 1st halt Nov,
505
aa
201
July/Sept.
Feb.
0092
se
Nov./Dec.
2032-2635
-UPI.
200
General markets, cil. basis, parts:
Nov.
Dec.
Jon,
20%-25%
accounting simplicity, speed and versatility
V.S. Lines
US Rubber
UE. Smell & Refin
U.S. Stre!.....................
Warner Bros Pictures Western Union_Tel Westinghouse Electric
Yale & Towne act & Tel Youngstown Sheet & Zenith Radio
Closing prices all in pence per
80212
225
Famous 'Dakota'
makes its
last flight
London, Nov. 7.
The Douglas Dakota, the sturdy, untempera mental, American aircraft on which most of the world's airline services have been "built, has made its last flight on a main British route of British European Airways,
Dakotas, or DC-3's, have been from BEA gradually retired roates and replaced by more up. to-date alliners, such -as the turbo-prop Viscount,
The last Dakota fight on any of the airline's routes-except a
the Scottis! few services to islands and the Channel Island
was from Birmingham'to. Lon- dan by Dukota bullt in 1943 end acquired by BEA when the airiine was set up in 1946.
The state-owned airline cali- maled that one in three of the 20 million passengers it has ear- ried have flown in Dakotas,
The twin-engined aircraft, which first went into service in the United States in 1936, was virtually the only air transport used by the ailles during the Second World War.
and
U.S. bank's aid for airline
Washington, Nov. 7. The Export-Import Bank an- nounced today it will extend
$3,400,000 credit to assist in financ- Douglas ing sale of a DC-3 commercial jet air- liner to Cie De Transports Aerions Intercontinentaux (TAI) of Franco.
The 000-mile-an-hour plane, which will carry 132 passengers, Iz scheduled for delivery in TAI's France- early 1081 for Madagascar and France-South- east Aslu routes.
BERLIN AIRLIFT It dropped paratroops and supplies, ferried freight men, towed gliders and trans- ported statesmen and generals.
Dakota brought food avi fuel to besieged Berliners in the
ΤΑΙ will pay In advance early days of the 1948-49 Berlin alrft and were pressed into about 41 per cent of a $6,800,000 service in the Korean war,
total cost of the jet. The Douglas The aircraft-DC-3 to her Aircraft Co. will finance 10 per makers, C-47 to the American cent of the remainder. services was christened Dakota from the bank, an agency of the government, wil by the Royal Air Force, whose United States pilots nicknamed her the cover the remaming 85 per cent
of the Ananced portion.-UPI.
"Gooney Bind"
She rarely let them down, even when heavily overloaded.
The American and British governments sold them off cheaply after the Second World War-£5,000 was the price at one time--and it is estimated that about 5,000 DC-3's are Hill throughout the Пying today world, making the Dakota the world's most popular passenger bircraft.
Dakolas Inaugurated post- war airline services between London and mort European capitais.
Credit.
Vessel completes successful trials
The 13,300 tons d.w. cargo- passenger ship Port New Plymouth, built by Swan, Hunter and Wigham Richardson Ltd, at Wall- Port send-on-Tyne," "for Line Ltd, of London, com- pleted successful trials off the River Tyne recently.
In 1950, BEA modified its fleet of Dakotas and re-named 2251% them Plonairs. The modifien- ations included increasing the scating capacity from 20 to 32, cutting down noise and chang- ing the rear door which had previously let in draughts, snów cruiser stern and a streamlined and rain on the passenger seat funnel and bridge structure, ing next to Chinn Mall and ls designed for a service Special.
apred of 18 knots.-LPS,
The ship has a raked stem.
Burroughs Typing Sensimatic Accounting Machine
Exclusive features include...
Burroughs Sensimmable Accounting Machine
Cotton textiles
New York, Nov. 7. Business was slow in the cotton textile market to. day. Converters bought print cloths for spot de- livery, with prices about unchanged.
Orders for wool goods were limited.
Estate crept thin Dec.
thick Dre..
AMSTERDAM
Closing prices all in guilders
per kilogram, c.lf, Nov.
No. 1 rubber
No. 2 rubber
No. 3 cubber
No.
Tepe
244 buye
2.53 buyer
ttcrra 2.72 buyers
UPL
COTTON
LIVERPOOL
Closing prices alt in
FOREIGN EXCHANGE
NEW YORK Closing rates: Canada ....... England omelal
30-days 10-days Olbers unchanged.
LONDON
Closing refer
New York
Montreal
1.025%
2,3110 2.2010
2 4030
2.01-7/16-9,741
2.746-2.743%
Amsterdam
10.621-10.0214
Brussela Copontingen
£39.70-539.75
10.30-19.37
In synthetic goods, mills re- per lb. ported moderate sales of rayon constructions for fourth quarter
pence Frankfurt
Lisbon Oslo
11.74-11.743%
B0.20-85 20.34-20.941,
*** American Contract Dec.
23.00
delivery, while nylon and dacron
Маг
numbers sold for first quarter ndet year.AP.
Moy
July
83322
Paris Stockholm Milan Vienna Zurich
14.019-14.5119
12.12-12.323
Sept
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BORNEO SUMATRA TRADING CO., (H.K.) LTD.
Business Machine Department,
20-23-Caxton House, 1 Duddell Street Hong Kong. Telephone 27105.
Indonesia received lis Grat Lockheed prop-ies C18011 Heroutes: In colourfot pers- monies of jakaria early this year to help modernise jis Air Force transport Dept. Here the_sirplane, la sopn as it wings is way from Marietta, Georgia, half way around the world id. Endpassia. 11s crew is composed of Indonesiang trained'st Lockheed's Georgia fadtóries where a number of Horaules transports to being bails for the Indonesian' Republic, Hercules Proprieta pize"sikendy in mrvice with the 1.3, hár Forty, thy Moyal Aldi, lap or FRUTINE
Canada
Leading Importers of feather bands and feathers for millinery purposes Intend to place large orders. Airmail samples requested, Buyer will arrive in Hong Kong Boon."
CANADA: STANDARD CO. 445 St. Helen St., Montres), Canada.
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