THE CHINA MAIL, THURSDAY, MAY 4, 1961.
NEW YORK New York prices rise LONDON
COTTON
MARKET
Now York, May 3. Cotton futures today soo- sowed indecisively in a slow trading session.
Evening up in the nearby May delivery co-featured with and irade commission house
selling on balance in the newy erup months.
Closing prices ruled up one to
Brit uff 10 points. The upened with nine to or 10 points. New Orleans clused up three to bly nine points.
Only one additional delivery notice appeared against May contract today,
there
totalled
World on heavy British firm
rubber
marked
Rox
New York, May 3. rubber futures today
trading
New York, May 3.
closed 85 lawer to 10 Full-scale buying moved into the stock points higher with sales of
market today and prices rose sharply along a broad front. Activity was the heavies in more than two weeks.
68 contracts. the
Standard contract closed 37 making
10 points higher with A total of 255 tenders today, lower to The net open position in May sales of 15 contracts.
Apart from workness in the at the opening today
New speentative Spot May delivers the rest 3,700 bales,
the market held comparatively intriest was limited with out-
teady. site traders apparently finding
The shipment market, In the in pportunitie
brokers reported an improved itzek market as well as in some demand from dealers. Heported other commodillen The sugar. sales included Some one crepe at 32 cents; two crepe at 31% Beta and soya beans,
reais. Shipment out of Ind nesis, cost and freight. Four abers were reported offered Raw vol exports for the at 23 cents a pond. Locally, rasun Phrough April 29 totalled spot No. Res was quoted 32 5908.500 bates vs 5,984,244 balcs, teats, nominal. In London, The was soft with reported to the same me last rubber market reion, according
The pertineated stock totalled 88.156 bales plus 8,580 bales wworting inspection,
Blue chips, steels, drugs, electronics and rail stocks came in for a large share of the buying splurge that sent the now-Jones industrial average into higher ground.
The god guing came in 51 straight line right from the opening and coincided with re part of a reuscire in Lon, major trouble spot in the mar ket's upward progress,
were
Gains of two points and more wide-prend, Polarold to the Ness i quit quoted at 26-11/16 pence.! wey
Other strong the market soared around 10. In Amsterdam, York Collon Exchange-UPI,
movera. Included Revlon, Cer- was very rat today.-UNI.
tainteed, Home Products, Bell and Howell, Thompson-Ramo, Universal Oil, Lakens Steel, American Setin, Youngstown, Internationat Salt, Allied and General Chemical, Avnet Dynamics.
Sugar market
UNIT TRUSTS New York, May 3. World No. 8 sugar futures First Hongkong Fund, ex- $1.33 (buyers. $1.41 today closed three higher¦ dividend;" to three points lower with: (elter), sales of 109 contructs.
Domestic No. 7 sugar cluseci 4 higher to 1 pith lower with sales of $19 contracts,
Second Hongkong Fund: DD rent:: (buyer), $1.01 (seller).
Consumers Gas
Continential Cons
421
Continental Oil of Det, Creole Pel
Crane Co.......
Crown Zellerbor
Cuban Amer. Sugar
Delaware & Judson Co.
1714
Diamond Alkali
Diamond Nal
Distillers-Sezgrans
Dow Chemical Danglar Alteṛaft
Dupont de Nemours
Eastern Air Line Fastman Kodak
Puro Natural Cas Family Finance Corp. Ferro Corp.
defends
equal oil agreements
London, May 3.
STOCK MARKET
London, May 3.
The London stock market quotations for today ara as follows:
Closing prices
Drital Government Securities 21958, Com efidates -- 4424. 35552 Conversion-25815.
Savings 135/2~~ 4, 53-3710. Savings 1000/70-£TU
2. Savings 1145/75--72-3/10.
Overtens Boude
3. Japanese, Arenied-d; 134.
Banks & Insuranes
Barclays Ord--l0s 04. Chartered Dank
The British Patroleum Co. eman (Dawra)-2011
Ltd., in which the British Government is majority stockholder, today came out in defence of "50-50" agreements between oil componics and producing countries.
Tho compxiny's Chairman Hon M. R. Bridgeman anid in his annual report juday that at 73 million tons, the group's sales of crude and products was the
the highest in
company's history, but net income after tax was more than £1 milion £62 <lown
year at on JSL million.
He said statements that the "a fair rest to often were the bellef was
2071
Finstone Tire & Rubber Firet Nat. City Bank
4515
vil majors pay the jandlord" challenged and
Ford Motor Co. of Cana. Ford Motor
1513
Georgia Pacific
THER
West- General Dynamikes
General Electric General Foods
t
General Electric and
ahead inore inghouse moved than a joint along with most General Matura others IN the Dow-Jones Gen. Pub. Vin.
Rall stocks Gen. Tel. & Elec showed R slew of fractional Gen. Tyre & Rubles sins.
Metal market industrial average.
While irregular, domestic featured continued Contract strength in the nearby doll- verie: under active commisjon
stearly ul trade buying en- house emerged by the continued linu- Res in raws-UPI.
London, May 3. The tin market was barely today while copper Both lead market was frier, Fard zine were steady.-UPI.
Getty
Glidden Co.
Goodyear Tyre
still widespread. that all co- oil producing panies deprived countries of a fair share of the profits.
MIDDLE EAST
Mr Bridgeman sai to sut this in perspective the Middle East saw the main increase in 17 work production last year and
output
33 milion exceeded tons.
Lo Payments
Middle 324 Eastern countries under "50-60" £128 were worth agreements million. His
wns payment higher than in 1950 despite 44% reduced crude prices in the
Among the prominent lasers two or so, were IBM,
four and Amerten off around Liggett and Myers down nearly il point.
down
P.O
Today's volume shares of a total tracked 789
was 4,940,000
werd
higher and
ORIENT
307 lower.
LINES
Great North Railway Grumman Airemit Gulf Oll.... Hemand Organ Heyden Newport Crep. Ifiram Walker.... Homealake Maming Co. Lugames etrig. klaho Fo Imperial On Imperial Tobacco ingersoll-Rand Ind 3leel Co. Interchemical Corp.
મા
31
AMENDED
EMBARKATION NOTICE
s.s. "ORCADES'
EMBARKATION: The ship will be berthed at NO. 5
SAILS:
BAGGAGE:
Wharf. Kowloon PIER, NORTH, Passengers should embark between 9.30 a.m. and 11.00 a.m. on Friday, 1967. ENTRANCE 5th May. THROUGH NO. 6 GATE, NAVY STREET.
The ship is expected to sail at NOON on Friday, 5th May, 1961.
Should be sent to the Hongkong & Kowloon Wharf Co.'s Godown (No. 2 Gate), Canton Road, between 8.00 a.m. and 5.00 p.m. on Thursday, 4th May, 1961.
SUBJECT TO CHANGE
Agents:
MACKINNON, MACKENZIE & CO.
OF HONG KONG LTD.
Telephone: 35211/9
1,308 issues
American Exchange volume Int'l Business Machines
3,840,000 shares.
Bonds volume amounted $0,970,000.
Dow-Jones closing overagest
30 Industrials
20 Rails
15 Utilities
05 Stocks
49 Bonds Comm. future prices
index
Closing prices
Abitibi Pwr. & Paper Alden Ine, Acy. Alguma Steel Corp. Allied Chemicals Allied Mina Inc.
Int'l Harvester
International Nickel
to International Paper
€88.00
J6
region and because of greater output.
The company has to provide facilities, innlurs, production 454 pipelines, refineries and market- ing installations and although the increase in revenues of the producing countries depends on such facilities on n steadily mounting scale, the governments 10% concerned are not obliged to
spend On providing facilities any of the money they receive from oil royalties and 31, taxes," Mr Brigeman said.
sum paid to Middle
42
70
52
72
Di
22
Int'l Tel & Tel ....
Johns Manville Co.
KG
Kaiser industries
Kansas C. Power & Light Kenneralt Copper
7015
921
DO
143.70 | Kimberly Clark 112.04 Liggett & Myers Tub. Co, 229.75 Tulle
tion Ind.
85.82 Lockheed Aircraft
Loews Invarp
Lene Star Cement 147.20 Lorillard P...
Lowenstein & Sonn. McDermott 3. Ray AteDonnell Aircraft Merck
...
140
The 41 Eastern
23was fire,
531
atchi
governments alone imes the
sura B.P. stockholders will receive out of
16 profits for 1960, he said.-UPI.
3012
Mesa frun Corp.
Minesota Mining
53717
Mission Development
2012
Monsanto Chemical Co.
39
Montceating
Montgomery Ward
30%
Motorola Inc.
021
the
National Breult Co Noiional Ch Reg. "A
National Dairy Prod. National Lead .....
All Chalmers
Am. Brake Shoe
461%
American Airline
Am. Cable & Radio Corp.
American Cyanamid Co.
457%
Am. & Forga. Power
10
07
Am. Home Prod.
210
National Steel Corp New York Centrai Noranda Mines Ltd.
1194
A & Electric
Ain. Maeli, & F'dry. American Metal Am. Natural Gas American Smelting Art. Sugar Ret. Amertean Tel & TH
American Tob.
Aimpex
Anaconda Copper
Armco Steel
Abrates Corp.
Armour
Atlas Cone. Miring
Baldwin-Lima-Etam,
Baltimore & Ohta
Bank of Montreal Bank of Nova Scotia
Bench Life Savers Bell
Telephone
ileueflets! Finance
Brodix Aviation Corp.
Nurfulk & Western By
North Amer, Aviation Northwest Airlines (Com)
Oklahana Nat. Cas
Olin Mathieson
Os devalon: ....
Procter & Gamble o
Pittsburgh_Plate Gloss
Portland Gen, Elge. Publicker Industries
Pullma
Pure Oil....
Radio Corporation Radio Corp. Pref. Raytheon
Iepublic Steel
High car output
pro-
Detrull, May 3. Tho U.S. car industry duced 146,740 cars last month-
highest production in month this year-but this figure
17 was still 23 per cent below the
17
18
caps buill in the con:parable period a year ago and the 110 poorest April output since
only 316,500 mi camo off the assembly lines, uc- cording to company reports,
35
43
BA
1958 when
Production in May is seledu- led to rise to 525,000 China Mail Special.
cară.
ca
Guedina Assurance-14% fat. Hongkong Bank-4 2012. Leyds Bank-130 Gd Lombard Banking Ord-23, 3. Printential Asur. "A"-£27
Onl
British Petroleum -25% ȘI Burmah Oil 12, J. Sheff Tranqori Ord-1634 Gut. Huyal Dutch
Ultramal Cat-307-2
Hiers Engineering Balrock Wilcox Ond 24. 94. Guest, Keen Ord---10 cl. Harland & Wolf Ord—18 ft Stewarts& Lloyd. Ord---57% 90. Tubo Invealncila0l, United Steel--671, Vickers Ord--- 365 419th.
Electric
Asme. Bre. Industries-43 !. Elec. Mu. Industries--4|| 1. English Electric Ord--33% 24. General Floetrie Ord-36« «l, Philips Lamp Work--- E124). Redifusion Bet.-448 42.
Industrial
lud. 1956.
Assoc. Portland Cement-95% Boardman Marden Ore.-- Bra tolting)-20s 10 Dunlop Rubber Oid-28: 34. Fison Ord--57; Du Gulmen Holdings! Ord.-da 6. internalinint Computers-133× 36. Ort.70% 4994.
Turner RR OF
Untlover Wiggins Tenpe. Ori-583 SJ.
Cheinfels Imperiat Chemical Ort-tha tisa, Mohanla Chemicals Ord-24
Cinemas & Television Rank Organisation Ord--35: 198. Stall Theatres-30s 4'adr
Paper Bowater Paper Ord--ls bd. De La Rue Ord-60% od
Tobaccos British-Amer. Tob. Ord-704. Cameron Brd-20s. Bal. Imperial Toneco
Motora
British Motor On-178, Hawker Siddeley Ord-309 411⁄2d. Jaguar Cant Ort=-1894 4ląd. Rolls-Royce Ord÷43; 96. Standard Triumph-136. Westland Airerafl-18; Dd.
Textiles Bradford Dyer-7 d. Caller Printers Oru-145 s. Courtaulds Dr-18s 101d. Flae Spinners Ord-20s Gd. Lanenshire Cotton Ord-00% 75,0.
Breweries
Dillers Co. Ord-39s. Guinness (Arthur) Ord-579, Ind Coope Onl-23s Jd.
Stores
Great Universal Ord-621 Howe at Fraser Ord-d Starks & Spener "A" Ord-114
Tate & Lyle Ord-5ts 10%. United Drapery Ord-154 4551. Woolworth (F.W.) Ord.—824,
Miscellaneous Bowmaker Ord-67. Catalan Pacific Dr--36324- Cunard Stearnslita_Ord-17% 1998. Forestal Lanes & Timber-13% 0. Hongkong & China Gas-15. Hudson Bay Co.-ED-15/10. Indo-Chlas | Det. Oid-20s. Land Securities Drd-343.
P. O. Steam Nav. Det. -435 Id.
Ai
Brit. South Africa Co.-Piar De Beers Def-123 Dd. Mount Bd.
Petaling Tin-12 3d.
Rio Tinto Bearer 441–4951). Huan Antelope Cupper-th. Union Corporation-435 fel. Welkom Gold Mining-12 34. Western Holdings-1135. 14.
Rubber & Tear Angle Indonesian Plant.- . Ceylon Tea Ord-20% Du Imperial Tea Ord 138 5. Kuala Lumpir-Kepong-Ji polja. Lambak Rubber--65%,
-Reuter.
TRANSPORTATION
South Wales ocean terminal can hold giant tankers
The
British Petroleum Company's new ocean terminal at Angle Bay, South Wales, which was officially opened récently, is one of the few installations in the world capable of accommodat- ing, the giant tankers of 100,000 tons deadweight.
1
neres
The terminal comprises
One was the officially opened.
tentweight coastal strip of 140 neres along; 50,000~Lon
British the shore of Angle Bay to 1 Queen, flag_ship of the British Petroleum Company fleet, and point known as Kilpulson Farin And here a further 220
the British Ambassador, 42,600 tons deadweight. At the present have been taken in
From the two mooring berths time the British Queen Is the and the
is largest ship in the B.P. fleet of jetty, all pumped
more than to storage tanks
140 sen-going in- Kilpaisnu Farm.
From the kern. Recently the kee! was luid
for the first tanker farm it flows For 62 mile:
un arder through an
underground pipes line to the British Petroleum Group.
new
al
Llandarey refinery Now Swansea. More Ian 35 different petrolcum products leave the Llandarey refinery every day.
of 87.000 for the 11.1.
Fully lacen these tankers draw more than 45 feet of water, a depth available in only. few ports in the United King- dom or
Milford Europe. Al Haven even at low Ude there la ot as much as 54 feet in the deep berth when the terminal Was water channel-LPS.
Two of the
owned tankers
largest British-
afoat were
HONGKONG STOCK
EXCHANGE
OUPE Own Cor
Business done al the Hong- kong Stock Exhange this morning Amounted to approxi mately $6,000,000, Noon quota- tions and the morning's transac- 11015:
Bhares Buyers Sellers Bater
1K Rank 430 432 320 430
Foll
IK Lund
4 40% 1000 or 409
3000 1 $ba
17 172
$00
**
700
200
III tel Kights
02 2219
1000 m
BUD 420
40 439
200
+ Lombard Ios
Whart Co.
Talkoo Dock
XD
HK Go
50
Yout
138
I
410
290 409
100
300 13
100 İзA
15 2013
21.00
100 25 100
JK Train
2011 301%
150 or 3915
22 5600 22
.00
Wheelock HK Doelt
"D Ch. Prov.
UK & S.
$2
13 13.00
JU
:
3000
1300 2000
20022 35021.00 6000 1500
Ch. Light
X.D. Electric
500 or 301
1000 # 391
1000 30
374, 3722 250037773 37%
1500 372.
4800 38
Sou o 30%
2000 or 30 1123 143000
1300
120
י31 ₪ 154
3000
590032 F A H
400 3214 500 32 TOCOMPL 1000 31
1000
COMMODITY PRICES
RUBBER
200 334
Telephone
50 3315
312
1500 124
201823
500
53
100
6214
1100 53
1000 Gr 43 14000831
300 63
2500 a 5310 14263
BOO y 8:3
1000 1 53
500 * 631,
126
002%
Owen-11ols Glass
251
Oxford Paper Co.
CO
74
Pacific Gas & Elec.
TEST
4011
Pan American Airways
10#
ngit
Paramount Pictures
Parke Davis Co.
15
Penny C Co.
3211
Penn Salt Co.
14
Philip Morris
74
Pitney Bowes
65
52
44
0136
Benguet Cons
Bethlehem Steel
4735
NEW ORLEANS
1000 or $345
Boeing Airplane
1000 LA 53
Dorden (The) Co.
Closing prices all in cenis
Burroughs Add Machine
34%
per lb.
British Am," Oil
Spot
21.40
METALS
G.I. Cement 071% 60
30 03
British Columila Pwr.
36
P.O
ORIENT
LINES
Calit. Packing Com. Cana. lk of Comm. Cana Brewers Campbell Soup Co. Canadian Facile B.
Reynol Metal
May
30.57
1000 br 631
Reyrok Tobacci
July
13.30
50%
Royal Bank of Canada
NEW YORK
Oct.
Dairy Form
108
Royal Dutch
Rubber futures closing prices.
Dec.
34.51
NEW YORK
X.D.
30 30
300 30!
Rheem Mig.
241
all in cents per 1b:
Mar.
3340
Case 13. I.) Co.
1114
Sears, Roebuck & Co.
503.
Tex Standard
May
33.41
Cal. Tractor
33
Shell Oil Co.
437 May
31.75
31.76
SAO PAULO
Closing prices all in cents per 1b.:
Leach
Celanese Corp.
Safeway Stores
47 July
32 20
Closing orlees all in cruzeiro
May
10.31
Watsen..... Allied Inv., 12.30
10
175
C. Financial cory.
1921
Saint Bre. Pance
35% Sept.
SAILS:
.
EMBARKATION NOTICE
R.M.S. "CANTON"
EMBARKATION: The ship will be berthed at No. 1
BAGGAGE:
Pier, North, Kowloon Wharf. Pas- sengers should embark between 2.30 p.m. and 4.00 p.m. on Friday, 5th May, 1961.
The ship is expected to sail at 5.00 p.m. on Friday, 5th May, 1961.
Should be sent to the Hongkong & Kowloon Wharf Co.'s Godown (No. 2 Gate), Canton Road, between 8.00 n.m. and 5.00 p.m. on Thursday, 4th May, 1901,
SUBJECT TO CHANGE
Agenta:
MACKINNON, MACKENZIE & CO. OF HONG KONG LTD.
Telephono: 36211/9
Chrysler Motors
Cluett Peabody Colgate-Patrolive ch Colombian Carbon Cu. Commercial Credit Corning Glass Wurka Consolidated drum Consolidated Paper
AMERICAN
STOCKS & COMMODITIES
TECHNICAL
ANALYSIS
On Stock Tronds
Retenich Dept. PERENNIAL TRADING CORP. 010-810 Edinburgh House Hòn) Hond
Teu Tina, fin!
179 pm
UN Line Co.
(175 Rubbe
ria Smelting
173 steel.
175 Sieet 1 P.C. PF
Chase Manhnt. Bank
GO
Schenley Int.
ม
Nov,
31.76
per kilo:
July
10.11
421P
Scott Paper
100
Jan,
70%
Siegler Corp.
30%
Mar
નમ
40
Sinclair 011
Average price in U.S. at 14 de signated spot marketa: "31.50 cents.
Total : 10,233 bales,
Zine
May
11.5
July
11.28
Smith, Kre & French
6716
LONDON
Snomy Mobil Oil
4702xl
17211
South Puerto Tuen Sugar
LAY
Closing prices all in pence per
73%
Southern Co. (The)
AN
Southern Natural Gas
49122
Ib
Southern Pacific Co.
Southern Ratiway (Com)
5014
No. 1 pot... Settlement house tent:
June
26-251
2645-2827
LIVERPOOL Closing prices all per ĺb.:
American Contract May July
Copper May
Textile
DAS
30.07
July
30.94
In
pence
LONDON
Closing prices, all in sterling
24. 3120
per long lon,
Buyers Seller
Sperry Rondi
Standard Deanda
Mis
Apt/June
31.05
Tin
Standar on of Ch!.
sad
July/Sept.
2
Dec.
21.33
Spot
04G
Nanyang Amal, Rub Rub Trust City Hotel -
142
7.บง 0315
Standard Ol of Ind. Standard On of NJ,
351
Oct/Dec.
Mar.
24.63
3-inch
476
Stren Rock ......
General markets, caf, batin June 81%
May
24.00
Mixed Contract
Copper Spot
8401 047
23012 235
Sterling Deng Co.
1234
July
2016-201
WHEN SELL
Stokely-Ven Camp. Stone de Webster Studebaker-Packard Corp.
Eatate crepe thin May..
May
ZILS
3-montli
Humphreys
July
Lead
BLAS
Thick May
Oct
24.30
Sunshine Mirang
Swift & Co.
43%
Texan Co.
143
AMSTERDAM
Closing prices all in guilders
Dec.
24.70
Mai.
23.05
May
25.30
Spot 3-month Zine
Spot
Orza
#13!
3-month
D
UFL.
זימן-
70
WHEN QUY
Time Inc.
Texires Inc. Thinkel Chem Tide Water O!! ....
251
per kilogram, c.i.f. May
$300
No. 1 rubber
48 buyers
Realty (0) 2.425
Star Fetty. L... Craw.
2003015 6003 1000 2 39
4000 / 12.30 2000-12.30 2000 12.30
1000
1000
12.40
8.46 2000 • B,40 1900 1.45
5000 85 3000040
3000 00
500 S 8.40
14.30 5000 † 14,40 3.55 0.00 5000 or 0.00
A
20.40 26.00
1000+ @
500 or 34 10034
500 * 20.30 000 2019
3000 26
2.45 1000 ∞ 215
20000 or 241
130
8000 # 2.45
200 210
11
237M
No. Tuber
2,43 buyer
9244
No. 2 nber
Tradery Phance
4734
No. 1 crepe
Travelers The
122
3.42 buyers 2.67 noin
-UPI.
Tri Cont. Warrants
Twendeth Century Fox Film
sita
Union C÷rble
tinton Oil of Cat
Unston Pacific Ralfway
Untied Alrea
COTTON
United Fruit
29
United Con Corp.
lb.:.
Contract No. B (world)
July
3.21
New York
Oci
Montrea!
NEW YORK
MAT.
0.17
Ansterdam
10.044-50.007
Closing prices all in
cents
May
Brumels
0314 per th
Spot-(World Average)
1430
Irui
33.00
Total Bales: 109 gintruci.
Warner, Bros, skan
་་
May
32.13
Open Interest: 1.13, contracts
Waukesha Motors
364
July
***T
Winscher Electrin
Werbert Unim Tel, Co.
Oct.
Contract No. 7 (domestic) July
Dec.
West Vay Poys & Puper.
Winn-Dias Mores
2014
Mar
Woolworth (K. W.)
t
May
Znati Radiu
7:3035
July
#tept.
Bylos-(Dilk, doły paid),... - 8.40
Total Bales: 819 contracts. Open Interest: 3,010 contracts,
0.42 8.40
Chlo Paris Atbokhohn Mil Vienna Zurich
1743-173314 72.30-12.00
Dol
--UPL
Copenhagen Frankfuri 1.lebon
140.25-14050
19.3436-1935 30-11.10 00.15-00.39 20.2011-20.0111 13.70-53.703)
12.107.107.
Giman ....
4.00 4.70 1000
10000
.70
1015
1.63
1000 10
1200 10
Sincere
Metal Ind. Macho Beč. 19.0
Andy Cla.. 1.1. Ho
$10
SUGAR
NEW YORK
Closing prices, oll in cents per
inct Inv. 1. 1470 14.50
5000 Ft 34.70
FOREIGN EXCILANGA
LONDON
Closing rates:
2,50 3/18-2,70 11/10 2.735+2.70
1000 14.70
IK & FE
..... 34.50
23
BOO (23.70
1200 14
1000
BRM
40
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