1961-05-12 — Page 2

MOREandMORE.

PEOPLE ARE OPENING

BANK

DEPOSIT ACCOUNTS

with

LOMBARD BANKING

SECURITY Share Capital and Reserves

exceed £12,000,000.

INTEREST Your funds earn interest from the day you deposit until the day you withdraw.

SAFETY

NO Capital Depreciatios.

ASSETS EXCEED £100,000,000

Interest pild without deduction of United Kingdom

inrunte Tax.

Write today to the General Manager for your copy of "Dank Deposit Account " booklet No. A.0. 74.

LOMBARD BANKING

LIMITED

DANKERS

Head Oficer

LOMBARD HOUSE

CURZON STREET, PARK LANE, LONDON WA

GROwenst 4119 (30 lines)

#Werich Wide Banking and Finance Organisation

The Hongkong & Yaumati Ferry Co., Ltd.

Timetables for Outlying Districts Ferry Services In force on and after 14th May, 1961

CHEUNG CHAU FERRY SERVICE

Leaving HONGKONG for

CHEUNG CHAU

0.10 a.m. (Direct)

دول

8.45 "

V

(Direct from Wilmer 8.1

12. noun Direct)

*12.30 pan. (Via Peng

Leaving CHEUNG CHAU for

| HONGKONG

4.00 am. (Vja Aberdeen to Wumer

Chau)

(Direct)

¡VIR

Chu) (Direct) (Direct)

&

FORE

Chau

&

SM.B.)

6.40

(Direct).

(VIA

Chau)

S.M.U

A

Peng

11.00

vin Peng

gratu &

7.30

(Direct)

.M.0.)

Я (Ki

(Vie 4.M..

Peng

30.00

(Direct)

་

11.00

Via Peng

Chau

10.16

3.M.B.7

11.00

9.M.B.

Peng

13.00

11.20

Chuu #

1.20 p.m.

S.AT.B.J

1.

1.30

(Direct)

(Via S.M5.13. *-

Chal

1.45

(Via Peir

Chau

• 230

(Vin

SM.

Chaul

3.30

(Direct)

១ ស.ប.

Direct to Wilmer St.)

Pel

& Peuk

4.00

Vin Penk

Came

A

9.MBJ

3.00

(Vin

Aberdeen

from

Wilmer St.)

3.45

Via Peng

Clay &

4.M.B.)

O UD

(Direct)

8.00 7.00

(Via Peug

Chau & 1.20

9.M.B.

Y

(Direct)

8.00 1,20

(Direct)

V Chau 1 Directl Directi

SM.D.

2

Peng

Vi S.M.R. & Peng Chnu

(Direct)

VH H.MB & Peng Chau

(Direct)

SILVERMINE BAY FERRY SERVICE

Leaving HONGKONG for

BILVERMINE DAY

Via Peng Chuu?

Leaving SILVERMINE DAY for GONGKONG

Direc

2.15 1.1. (Vin Peng Chaul Vin Peng Chau)

0.45 am. (Vila Peng Chu)

1.20 am. (Via

Peng Chau)

- $1.34

(Directi

9.30

ivea men

Chau)

I

ivia Peng Chea)

0.40

Directi

Ju

Directi

-10.44)

(Direct)

*10.15

Direct)

(y) Feng Cha

11.00

•11.40 ..

13.31 29.111

(Via Peng Chu)

(Via Peng

Clipu

• 3.60

3.15

‹ Direct)

4.00

(V Pen Chou)

4.15

4.20

<Directi

• 5.00

V Peng Chauh

547

(Via Peng Chart

* 1.00

Vin Peng Chau) (Direct)

(10rect)

7.55

chia Hang Chau)

(Direct)

iVia Peng Chaul (Direct)

PENG CHAU FERRY SERVICE

Leaving HONGKONG for

PENO CHAR

0.45 6.11.

11.00 ተነ

11.00

12.30 12.3.

1,45

00

3.65

་་

7.20

*

LeasinE TENG CHAU for HONGKONG

7.45 4.7.

11,55

2.40 pm

F

4.40

0.10

1.29

• SUNDAYS AND PUBLIC HOLIDAYS ONLY.

TAI O — CASTLE PEAK FERRY SERVICE

1.eaving (ONGKONG

Hongkong

Kup

Peak

Mun

Casile

Arriving Tal

Tưng Chung

Leaving TAI O

2.00 p.m. Tat ✪

1.00

3.40

Cast Tenk

4.30

Kap Sul Mun

5.30

Arriving tungkung

TAI O SPECIAL FERRY (VIA ABERDEEN)

(From Wilmer 81. Ferry Pler)

Lenying HONGKONG for

TAI G

Leaving TAI O for HONG- 4.60 PLL | HONG

EXCURSION FERRY TO TAI O Sailing on Tuesdays, Thursdays, Saturdays, Sundays and Public Holidays

Leaving KONGKONG.... 3.00 a.m. Leaving Tal

(Calling at Tung Chung)

7,00 2.7.

11.00

2.45

6.30

10.30

::::

300 ата

... 5.00 p.m. (Caßing at Tung Chung)

TOLO HARBOUR FERRY SERVICE

Leaving TAIPO KAV for TAP MUN | Leaving TAF MUN for TAIPO KAU

0.30 am. (Direc!!

On Sundays only the terry will

7:15 4.m.

leAvo

41

3.30 p.m. (Vie Blap Sze HOLLOK.

Hiliate - Kirung. Let Che

Chong. Tan, Chik

8.00 am. (Via Kau Lau Was, Chic

Hara tại Tan, Lal Ch

Chong, Sham Chung and

Shap 8 Houng

(On Bundays only thin ferry "WHE Jeave at 9.30 AM.)

kang and Kau Laŭ Wanj. 330 p.m. (Direct)

TSUEN WAN — THING YI FËRILY BÉRVICE

Leaving HONGKONG, far TSUEN Leaving TSUEN WAN for HONG-

WAN via TSING YI

0.30 am — 11,00 mm.

11.00 noon

4.00

0.00

3.00 0. 10.00

3.2 100

*

An extra fortyy will leave

TV for Tuen Wan at

0.30 a.m. qully.

Barvice

Every hour

very hour Every home

Every hour

KONG via THING TI

6.30,

1200 noon

11.00a.m. 3.000.m.

4.00 pit, - 7.00

0.00

19

--10.00

An extra fotty will leave

Tuen Wan for Tying Yi at

19.00 p.m. daily.

THE CHINA MAIL, FRIDAY, MAY 12, 1961.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

MARKET REMAINS FIRM

in

Big rise daily turnover

Trading in the local Stock Exchango was marked by two features this wook—a big increase in the daily turnover and the introduction of the Kowloon Motor Bus shares on the Exchango,

The average daily turnover for the four full days of business was $11,650,000, while the turn- over of $7,610,000 for the half-day session on Wednesday was the second highest on record for any Wednesday.

LONDON

STOCK MARKET

London, May 11.

on tho Today's quotations

London Stock Exchange are as follows:

Closing prices

Brint Government Securities

2 CONBolidated-425.

3 Conversion 501

Saving 1059/03-VS.

3

Savings 1060/70-7

3. Savings 1905/70-72-0/16,

Overen Bonds

$45, German (Dawes)-20415. 5, Japanese, Assorted-2016.

Blanks & Insurance Barclays Ord-s 3d, Chartered Bank-62. Guardian Aurance-140 d. Hongkong Bank-210. Lloyds Bank

Lombard Banking Ord-23 3.

Anur. "A"-£27.3/10.

Prudurance Ord.-179% 94

Royal

011 British Petroleum 54s 6d. Burmali Oil-ze Bd.

Shell Transport Orch-1038 30. Iloyal Dutch-is

tar,

Ultramar Company-339

Steels & Engineering Babrock & Wilcox Ord-55 1. Guest, Keen Ord-1978. Herinnd & Wolf On-17, 3d. Stewarts & Lloyds Ord-31 d. Summers & Bons Ord-Go Bd. Tube Investment ad. United Steel-05 Dd. Vickers Ord-37 11.

Biotrie

Assoc. Eles. Industries-421 D. Elre. Mus. Industries-49 3.

9. English Electric Ord--3 General Electric

Philipe Lamp Works£ 12-3/32. Rediffusion Ord431

Industriais

Ansoe. Portland Cement-954 420. Hardman Marden Ord-73. (Kolding)-215.

Dunlop Ruvver Ord--23 10:54. Fison Ord 56 03.

Gilman (Holdings)

International Courpure 440.

-103 Sc Turner & Newall Ord.-73 420, Unilever Ord—1509 7154. Wiggins Tape Ord-68 9.

Chemical Imperial Chemical Ord-009. Monsanto Chemicals Oru-24s.

Clario & Television Ruzik Organisation Ord-37% 41. Stoll Thruster * 11⁄2d.

Paper Bowater Paper Ord-60s 11⁄2d. De Ru® Ord-07n. Spicer Ord-539 Pct.

Tobaccos British-Amer. Tob. Qid=w73a 3!4d. Carrerak "2" Ord—is 4150, Imperiet Tobacco Ord-60s ca.

Motore

British Maid Orditz Gd. Hawker Hiddalay Ord-20s 10. Jaguar Cara Ord-100s. Rolls-Royce Ord-434. Wendland Alterati-191 3d.

Textiles

Bradford Dyers--370 94. Calico Printers Ord-15s. Cunt (JP) Patott & Baldwins-50s

Gc2.

"Courtaulda Grd-45g 6d.

Fine Spinner Ord-27 31. Lancashire Cellen Ord-021 150,

Dailers COVERSTI o.

Guinness (Arthur) Ord-57 Dil. Ind Coope Orde

Htores

Great Universal Ord-631 34. House of Fraser Ord-09 1d. Lyon (3) "A" Orik-102a 64.

Ord: 113 arks & Spencer "A"

Tate & Lyle Ord-Ba Del. United Drapers Ord-18 16. Woolworth (W.) Ord-Glx 15. MixcellinequE Bowmaker Ord238 diye. Coundian Pacine Ord-140. Cunard Bieninatip Ord-Ion 10d. Forestal Land & Timber-134, Hongkong & Chinn Gas-158. Hudson Bay Co—29-15/10. Indo-China Def. Ord-234 60. Land Recurities Ord-35% 6d. P.&O. Steam Nay, Def,-441.

British Investment-45 1.

De Bears Def-116# 30, London Tin Corp—17% 4558. Mount Isa-die. Pelating Tin—iza úd. Rio Tinto (Beurer)-40s 7158, Roan Antelope Copper-da 14. Union Corporation-45_1%d, Welkam Gold Mining—124 04. Western Haidtags-lötu 101d.

kabher Tea

Anglo Indonezian Piont--is Bd. Ceylon Tea Oza-20#, Dit. Imperial Tea Orl-ide Kusis Lumpur Kepong-da ið,

altsak Hubbar....50a

-Heuter.

UNIT TRUSTS

The Kowloon Motor Bus shares were quoted for the first time on Wednesday.

Opening business with sales at $82, the KMB shares rose steady to a peak of $88 before closing at $80 on Wednesday. Those shares remained steady yesterday closing at $86.

The market continued firm during the werk under review (Friday to yesterday), There were more plus than minus signa on the China Mall 1tat for the third successive wéck.

Telephones stood out among the gainers in the China Mail

ist.

From $53 last. Thursday

they were $50% at the close

yesterday, after reuching a peak of $5714 in the cour50 of the week.

Sinceres registered a good overnight jump from $12 at the close on Thursday May 4, to $15 at the close on the following day.

Gilmans were strong and in good demand, closing at $5.40 yesterday, compared with $4.85 the previous Thursday.

The approximate turnover for the week was $54,210,000 com- pared with $33,290 for the pre- vious week.

Market diary

Friday: Buyers took over again today and bidding was brisk throughout the day, working up to a crescendo of trading which filled the Board to overflowing, Utilities were again strong led by Telephones which closed at $86. Investment Companies were also sought eagerly, and gains were generally in plentiful sup- ply reflecting a broad and sub- stantial advance which held up Turnover was ap- till the end, proximately $11,100,000.

Dividend & Bonus announce- ments during the week:

Amoy

Canning Corporation (H.K.) Limited Final $1.00 per shore.

Monday: Another near record day with sellers holding off i the expectation of even better priten. Wheelocks at last pass- cd $16 and closed at their all lime high. Investment Com- panies all marked gains, the best rite being in Gilmans. Utilities were again well sup- ported. Telephonies appeared to falter at midday, but in the afternoon came back, while Gas shares were steady on a more than average volume. Turnover was $13,000,000.00 and the mar- ket was buoyant at the close.

Tuesday: The whole day's trading was energelie in the extreme but no particular trend was established at any time. At first it appeared that priers would rise on a wide front. Then sellers appeared, but only on their

own terms

and al- though rises were checked, ang reverses were fractional. It- vestment Companies showed up well and although the last marked deal, of Internationals was done at $14.80, buyers ut the close were ill unaatinded at $15.20. The prices generally improved in the afternoon and the end of the Besson was tirosig. Turnover was approx mately $11,000,000.00,

Wednesday: The strong market was dominated by the firat quotation of Kowloon Motor Bus. The price rapidly reɛe bo $88 whereupon proflitakers ap- peared and the prize remained stendy at $86% to $07.00,

Investment Companies were agalh in dentdild in which group sellete held off causing further gains.

were also Uturies volume.

Turnover was approx. $7,010,- 600 for the day.

|

The share mark et · at

HK Bank Lombard Wheelock

i Wharf

11K Docks

Talkoo Däcks

Provident

JIH Hotels

HIK Lands

IIK Realty

HK Tramk Star Ferry Yadmalis Ch Light Electrics

J Telephone

a. I. Cement

Dairy Farm

A. 8. Walran

Lane, Crawford

Int'l Investment Allled

HK & FE Inv

Textile Corp

Nanyang

*(Sub-divided into five shares)

glance ✰

April 13

430

491

April 20

015

April 27 430*

May 4 *30*

May 11

Up or Dowd

Dividend

430*

steady

Bonu

960.*

Yield (%)

2.8

491

40

51

+1

15.30

14.80

16.00

16.80

10.40

++800

000

3.0

414xd

182

300

408

40A

sleads

919

2.0

110

1100x4

118x3

110xd

110

3.4

70%

78

70x4

754x4

---300

$3.20

4.1

29.10

28.00

20.30

3134

341:

+248

51.30

4

4014

4814

484

473

-300

$3

76

74

70%

77

7034

-500

$2.40

11.1

2.40s

2.30

2.40

2.45

2.60

+15c

13.700

5.3

17%

37

394

39

4014

+1

32.05

5.1

202

200

204

208

204

$10.50

5.1

138

133

140

136

138

$9.50

6.8

3031

35

3714

3714

38

$1.10

2.0

37

3514

37

38

404

4012

4914

53

384 0614

$1.70

4.5

$1.75

3.1

66

05

471

0834

54

3.5

39

3814

10.

3034

30

$2

3.2

40bxd

454

40b

46

+000

$2.50

5.2

50 b

51.

525

62

0111%

-1

$2.75

5.3

14.20

14.20%

1434

14.70

1514

+50c

*50

11.70

1144

12.10

12,40

12.80

4-400

31

21.70

21.70%

21.30

24

25

+1

900

8

A

8.20

8.40

8.30

Вос

14.40

14,30n

14.30

14.00

14.70

+100

$1.10

**(Bojore sub-division of shares)

WALL STREET

MARKET

CLOSES MIXED

New York, May 11.

Stocks closed mixed in moderate trading today as

a modest rally late in the session brought prices back from their lows.

Volume ran quarter million yesterday's figure.

more than a shares below

Steels, oils, motors, coppers and aircrafts were mostly Trac- tions to a point lower, although selective buying within these groups gave good gains te seat- tered issues. Airlines, and rubber shares firmed.

In the defence sector. Avnet, Standard Kollamian, Ampex, and Haveg showed sizable Kains. while

IBM, Amphenol-Borg. Litton and „Car were weak.

Rails were firm throughout the session and utilities mostly steady. A feature among the iquor stories was Publicker, up 'about it1⁄2 on sales of well over

100,000 shares.

Dow Jones averages:

closing stock

Imperial Tubseco

Ingersoll-ond

Int

Business Machines Int'l Harvester International Nickel International Pover Int'l Tel & Tel Johns Manville Co. Kaiser Industries Kennecott Copper Kimberly Clark Liggett & airers Tob. Co. Laby Tulip Lition Ind.

Lockheed Alreract Loews Incorp..... Lone Star Cement Co. Lorillard P****** Lowenstein & Bana. McDermott J, Třky MeDonnell Aircraft Merck

Mesabl from Corp. Minnesota Mining Mision, Development Monsanto Chemical Co. Montgomery Ward Molarola Ine. National Blscult Co. National Cash ex. "A"

HONGKONG STOCK

Business

kong

EXCHANGE

Our Own Correspondent

done at the Hong- Textile Stock Exchange

this Nanyang morning raunted to appro A. Rubber. ximately $5,000,000. Noon 1. Test 14 7,00

quotations and

transactions: -

the morning's |

Bhares Buyers Beliers daire

41.54 6,25

8.35 10000 a 8.30 14.60 14.70 2000 16.70

Dog 14.00

2000 6

11497.03 1000 Gr G 2000 † 0

GD 35+

20 33

4000 7,053

City Hotel.

35 3574

146

1712

K Bank

+

426

300420 10 or 430

Realty

... 2.024

3.25 2000 yr 2.623

080

10 430

5000 2.825

03.

350 428

1000

2.05

78%%

600 428

3000

2.075

NK Bank

24000

2,025

0015

Lon. leg.

320 40 326

2050 2.0J

Ek. E. Ask

230

4000 2.0

1232 Lombard ina.

Whart Co..

HI G

0315

400 414

5000 10 3.04

5040 14 2.025 2000 se 2.89

20 85%

1210

100 2830

760 or 11⁄2 1800 144

Too Duck

X.D....... 75

70

700 op 15

22.20 22.40

*4 8415

400

Wheelock .. 10 40 10

BOOD

700

13000

2475

0000 e 1015

1000

1000 f

HK Dock

Provident

115

110

100

300115

34 34% 2200 314

140 or

300 300U

Lane.

Craw #1 5114

HK Hotel.. HK Land

47 471

7819

Int

70 400

Inveel 13.00

10

1862 64 13.00

100

1500 15.83

2004 18.20

BOO

1000 13.60

itu.

Noranda Mieses Ltd.

Norfolk & Westem Ry.

0121

100% 4775 110

Yaumati

1000 $ 15.50

500 136

CAFE

200

Invest

·

235 23.70 100

25.30

300

23.40

HUIC TTAM 401% 40%

700

23

2063 25400

North Amer. Aviation....

6.40 5.43 GID 2

3072

Northwest Airlines (Com.)

say

76

Oldhama Nat. apd

357%

Olin Mathieson

44

Light XD.

STL

13

27

40

03

40

10%

ein, Salt Co,

EDI

Morris

214

193

30 Industrial 086.41 off 0.20. | National Dairy Prod. 20 Rails 144.53 up 0.48.

15 Utes 112.60 up 0.28. 65 Stocks 228.57 up 0.22.

Closing prices

Abitibi Pwr. & Paper Alden Inc. Acy, Algoma Steel Corp. Allied Chemicals Allied Is Inc. Allis Chalmers Am. Brake Slide

Aunerican Airline

Ara. Cable & Radio Corp. American Cyanamio Co. Amer. Forgn. Power Am. Gan & Electric Am. Home Prod. Am. Mach. & Fury. American Metal Am. Natural Ga American Swellig Am. Sugar Ret American Tel & Tel ́ American Tou. Ampex Anaconda Copper Armour

Asbestos Corp. Atlas Cons. Mining

Budwin-Lima,Hom. Baltimore & Ohio Bank of Montres) Bank of Nova Scotia Beech Life Savers 1. C. Tel. Co.

Bell Telephone Beneficial Finance

pendix Aviation Corp. fenguet Cons. Bethlehem Steel Boeing Airplane Bordas (The) Co Burroughs Add Machine British Columbia Pwr. Calif. Packing Corp. Cana. Tk. of Comm. Cana. Brewers Campbell Soup Co Canadian Facine . Case (J. I) Co. Cat. Tractor Celanese Corp. C.LT. Tinatefal, Corp. Chrysler Motors Clutett Peabody... Colombian Carbon Co. Conuntérets! Credit Corning Glam Works Consolidated Edison Consolidated Paper Consumaça Gan Continental Con

Continental Oil of Del. Cmale Pet.......... Cubah Amer. Suges Delaware & Hudson CV. Diamond - Alkali Diamond Nat. Diriilor-Beagrama Dominion Blotes Douglas Aircraft Dow Chemical

Dupont de Nembuta Eastern Air Line Eastman Kodak

Paso Natural GAS

done in

Family Finance Corp. Ferro Corp.

Firestone Tyre de Rubber First Nat. City Bank

Thursday: The tempo of trade Ford Motor

ing remains very high butolight-

Georgia Pacific

ly elective, Kowloon Motor Busra Dynamic were steadily done at around the 88 mark, the other popu Jur Ismiss being Telephones and the Investment Companies which all showed steady gains. Of the tatter

International touched $15

while Gilmans reached cx $3.50 on a large volume before dividend: $1.34 (buyer), $1,43 closing at $8.40. Gas shares rost (seller),

at fits only to ease a little In Special offer seller prices) the afternoon on some seiling, $1.98.

pressure. This maket clowed Becond Hongitang Fund: $1.01 strong Withi knower of approx. (buyer) $1,07 (saline).

$11,500,000,00.

First Hongkong Fund,

General Mectria Ceneral Foods General Motors Can Pub. Uti), Gets Tyre & Bubber Gen. Tel. & Elec. Goodrich (D. P.) Co. Goodyear Tyto stan Great Northern AMWAY Grumman Aircraft Quat ole Hammond Organ L

[soden: Newport Corp. fram, Wwelker and Hanske Mining Co. Huseman, hattig, Late Power Imperial Oil

(iz

National Lead

National Steel Carp.

New York Central

Otis Elevators

Owen-Illinois Glass

Oxford Paper Co. Ping Gon & Ficc.

Pan American Always Paramount Pictures Penny J. C, Co.

Pitney Bowes

Tracter & Gamble Co.

3146 Pittsburgh Plate Class

13

70

Portland Goa. Elec.

Publieker Industrien Pullinan

33% Pure Of

128

78

Radio Corporation

ㄝ

:

500 134 1000 or 4011

Giunan

200409% 200 K 4074

400 40

0122

36

1500 4 375;

301

HK Elec. 3314 315

IK Tel.....

600 A 374

200

600 or 38

500 m 379% 242 OF 30 1000 8 392 71 0 30 1000 à 38y, 14238

2000

# 301

100 # 3817

200 GB 302 1437 38

56 55% 1000 » BO

500 for 571%

400 G7 57

500 G 50 6025 of 35IS 10000 35 BOO WI

1000 551

1300

80%

100 up 0735

2315 Raytheon

Radio Corp. Pref.

Republe Steel)

474% Teynolds Melol

48

129

Reynolds Tobarco

11035

16 noyal Bank of Canada

754

10

Royal Dutch

415

343

Rheem Me

G424 | Sears, Roebuck & Co.

1000 50

73

Shell Oil Co.

Cement

CC

07

02

Safeway Storer

20% Saint. Reg. Paper

3522

Schenley Inc."

1700407

47

Scolt Paner

113

Dalry

3014

39, 2200 m 303

3

Sealer Corp.

301

Watan

41%%

Smith, Kline & French

40

Bocony. Mobil Qu

C4

South Puerto Rico Sugar

1027

Southern Co. (The)

50

Southern Natural Ga

40

Southern Preise Co.

64

40

Sperry Hood...

Southern Railway (Coin.)

5435

11

Standard Branda

25

11

Standard Oil of Ind.

Standers Olt of Cal.

Standard Oil of NJ.

331% top flock

Sterling Drug Co.

Stakely-Vans, Comp.

Studebaker-Packard Corp.

Sunshine Mining

70

424

Stone & Wester

04

5034

173

5412

41

Swift & Co.

Taxas Co.

Textorn ine.

Tokat Chent

10% TIGO Waler Oli 423

GOAL

Time Inc.......

Traders Finianeb

391) | Travelers Ans.

115

Tri-Cont, Warranti

121 Twentieth Century Fox Film

Union Carbile

Union

of Cal

40% Union, Pacific Railway

4

United Airereft

37 United Fruit........

Holted Gas, Corp.

B. Gypsum

2134 melting

Bel

43.9. Steal tf.c. Pr":

Warner Bros. ....

Waukesha Motors

208

30

Line Co.

11.8. Rubver

TIL

4011

03

8515

00

West Va. Pulp & Paper

Winn-Dixle Stores

103%

Woolworth.(IC.W.

Zenith de

**

43

Weslinglicuss Air Brakd

Westinghouse Elestria

Western Union Tel. Co.

Exchange rates

20 Allied Inv. 12.00 13.30 2000 12.76

Business was dúilib in the brat Gnamictal exchange

market

morning at the following rain:- 125. dollar (per #1) 2015 | martting holes (per' #1). 9435 | Australian putra (pur L Indoneen Pupiti (va 200)

43

Hitler (per 100)

Bingapore (diraite)

this

1000 12,00

Rope Humphrey Star Ferry.

20000 À 15 2000 5

2000 a

6000 44 55

12000 5.45 20.60 300 10.20

20.20 28.40

202

200

METAL MARKET

Yesterday's

London, May 11.

recovering ten- deney continued in the London copper market. today. Spot copper was quoted at £242% and three months at £243 per long toh,

The tin market opened easter in the morning and closed also with an easy one in the after- noon session.

Lead and zinc were

1000 12.99 cteady.-UPI,

barely

MARCHESSINI LINES

RETRIGERATED · SPACE

·BUIK",OIL «TANKS, BUTLE

| MECHAINGALLY VENTILATED HOLDS,

FAST REGULAR.

SERVICES DY MODERN LINERS

URGENT NOTICE TO SHIPPERS

EXTRA "A" EXPRESS SAILING

m.v. "KING

MINOS"

(14,837 DW-bullt Franco 1958)

Loading HONGKONG 22/23rd May

for

NEW YORK, MONTREAL, PHILADELPHIA, BALTIMORE & CHARLESTON

Agents: P.D. MARCHESSINI & CO. (HK) LTD. 1101/8 Croyd Eidg. Tel. 31172-3-4 Freight: Ageista; QURANIC MARITIME AGENCIES

Tol, 47340, 441097.

$29, Li Po Chhati, Chambers,