1961-09-20 — Page 2

THE CHINA · MAIL, WEDNESDAY, SEPTEMBER 20, 1961.

Heavy selling again pulls down HONGKONG

New York stocks

New York, Sept. 19.

Heavy afternoon selling caused the stock market to decline

sharply for the second consecutive day today.

Volum was light until after the horn hour "but picked up In the latter halt significantly of the session เvlis losses

und between one

two points cropping up in many of the major groups.

deline

WIN

American Tel & Tel

American Tob.

Ampex

Anaconda Copper Armco Steri Armour

40%

COMMODITY PRICES

RUBBER

NEW YORK Rubber futures closing prices,

$18

| McDermott J. Ray

3

| McDonnell Aircraft

171

Merck

0115

MtnaPPOLA MAINE

712

Minion Development

4314

Molson Brewery

all in cents per b.:

216

Monsanto Chemical Co.

REX Mandard

CIL

Montecatini

1012

Montgomery Ward

Nov:

30.00

30.00

20

Motorola Ind.

Con

29.85

29.75

blar.

29.60

Nalical Biscuit Co.

Bank of Montreat Bank of Nova Scotia

001%

May

129.40

7714

National Cash Reg. "A"

July

24.35

Nailona) Diary

Prod.

National Les

Sept.

29.35

03

Alberto Corp. Allas Cona, Mining Baldwin-Lima-Ham. Baltimore & Onio

fell Telephone

Menedelul Finance Bendix Aviation Corp.

Autlysts said the market wos 1 technically vulnerable to adverse ne W:.. tampetus for the provided by a Justice Department Jaw silt lo block sale of assufs by Hand-fenguel Cant. tula Oll which further shook lavèster confidence,

Tony's volume was 3,200,- G00 shares,

of # total 1,281 shares traded, 305 were higher 758 lower.

American Exchange Volume was 1,300,000 shuren.

Bonds volume amounted $5.820,000,

Dow-Jones Clusing Averages:

Industrials

20 Bails

Bethlehem Steel Being Airplane

Burden (The) Co.

Commercial Credit Corning Glass Works

Wild Ediso

Consumer Go

National Steel Corp. Now. Yark Central Noranda Nines Ltd.

Norfolk & Western Ry.

North Amer. Aviation

Northwest Airlines (Com.

Okishama Nat, da

5812 Penny 3. E. Co.

Penn. Salt Co.

Morris

"THE TRA&Gamble Co.

B130

6612 Pittsburgh Plate Glass

Portland Gen. Elec.

40

Publicker Industrier

Pure Ol.........

Radio Corporation

Ray thoon

LONDON

COTTON

NEW YORK

STOCK EXCHANGE

Our Own Correxpondent

Business done on the Hong-

kong Stock morning proximately

Usis

др

Exchange amounted to

$1,040,000. Noon morning's

Closing prices ali in cents per quotations and the

Ib.:

Spot: 33.46 nom; Det: 34.56; Dee: 34.00-10; Mər: 35,76; May: 30.29; July: 36.20: Oes: 33.44: Déc: 33.50; MST: 36.85.

HK Dank.. 29.40

Closing prices all in pence per j·lbi

b.:

| No. 1. At spot owne

* Foitlement house term: Oct,

Estate crept thin Oct.

thick Det. AMSTERDAM

2811-251%

Closing prices oil in guilders

per kilogram, c.lf. Sept:

No. 1 rubber

No. 2 rubber

3 rubber

No, crep

2.34 buyers

2.36 buyers

2.30 buyers

2.00 bayer

-UPL

NEW ORLEANS

Closing prices all in cents per

Spol: 33.th; Qet: M90; Dec: 31.30; Mari 18.00; May: 36.64) July: 35.30) Oct: 25.60 Dec 15,001 Mari 30.70.

LIVERPOOL Closing prices all in pence per jb.;

American' Contract

Oct 24.20: Dec: 2430; Mar: 26.10) May: £5.60: July: 25.75; Det: 25.85; Dec: 25.05.

Mixed Contract

Det: 24.00; Dea: 25.03; Mar: 25.45; May: 2390: July: 20.13; Det: 28.00; Des: 203UTI.

METALS

transactions:

abaroi Dayers Bellers

336 240

Bathi

143 at 3:

40 358

20 at 540

10 540

140 F 300

10 5 340

120

30

Allied Inv. Wheelock (ON!

9% ...10 13.20 ABCO 1000 2000

10000

Wheelock

London

stocks

close lower following Dag's death

London, Sept. 19.

The death of the U.N. Secretary-General Mr Dag Hammarskjold set prices drifting today and robbed the market of yesterday's firmer tone. Brokers marked stocks down at the outset as a precaution but little selling developed.

The Hat Bnally closed lower 110 with sicels the exception, Stores 150 lost their buoyancy, engineering 11.30 stocks and shipping countera 11.20

essed, Market leaders such us

Chemical, 1000 10.00 Imperioi

Unilever, Rolls Royce, Turner and Newall, Glaxo and Associated Electrical Industries surrendered tons.

[New]

10-BD

HK Deck

100

400

18

Talkoo Daek

60

300

C

Provident..

HK Hole! ..

30

frac-

Huk Land

XD

GO

3

100 $1

HK Realty

Dollar stocks mainly cased but US. Steel registered a

4-point gain.

IK Trai

KMR

Ex. Div

2.18 2.20 35000 # 2.15

70

Bila Ain. Oil.....

Burrouglie Add Machine

30

223

Olin Mathieson

Oct/Dec

British Columbia Pr.

Quis evatorn_

Jan/Mar,

2544-2316

Cana. Bx. of Comm.

50%

Owen-limeis Glass

and

Cana. Brewers

13

Pacific Gas &

Mee

99%

E7

July/Sepl.

Apr/Tune

Campbell Soup Co.

Pan American Airways

17

General markets, c.lf.

bass, Porta:

Case (3. 1.) Co.

Canadian Preise R.

24

Paramount Pictures

Oct.

TBIL

Parice Davis Co.

Nov.

Cat. Tractor

250-2815 2314-2345

201

to

Celanese Corp.

931

C. 1. 7. Financial Corp.

Chase Manhas, Bank

102.54

Chrysler Motors

vett Peabody

141,59 Corn Cola

15

Uitleg

115

Stocks

121.12 Colgate-Palmolive Co. 235.74 Columbian Carbon

38

0424

20071

40

Bonds

83.44

Repubne Steel

159

Comm Future

Reynolds Meisi

20 4+ TB

Price

7044

Reynou Tobacco

40 70

Index

147.08

Paper

19

Royal Bank of Canada

100 ve TO

Continental Cam

Tayal Dutch

Rheem MEg.

Continental Oil of Del

Abitibi Pwn, de Paper

* HOT

Crane Co.........

15

Crown Zelterbach

30

049

Safeway Stores

Cuban Am. Sugar

IS!

FOREIGN EXCHANGE

You:mati

100 110

230 100

Ib.:

Closing prices ail in cents per .ch. Light

100 100

34 349%

Lend

800 44 34%

Algoma Steel Corp.

48

Delaware & Hudion Co.

Saint Reg. Paper

30%

Sept.

10.18

Diamond Alkali

Behenlby Inc.

10.10

48

42

Scout Paper

2inc

Dend Nat'l

4011⁄2

2216

Riegler Corp.

4214

479

Sinclair On

NEW YORK

ID CO

14.90

Ex.

34% 2012

16

201

Smith, Kline a French

Closing rates:

Coppe

•

34

Socopy Mobil Ou

97 1/33

South Puerto Rico Suger

22312

Bouthern Co. (The)

2214

Southern Natural Gas

201

Southern Railway (Com.)

Pacific Co.

43

Closing prices

Alden ine. Acy.

Allied Chemnicals.

Allied Milis Jac.

AIB Chalmers

An. Brake Shim

American Atellav

Ai, Cable & Hadlo Corp.

American Cyananid Co

Am. Furgi. Power

Ain, Gas & Electrie

A. Huitse Fro

Atu. Magh

&F'dry

Am. Sugur Ret.

BDALLAMERICAN

1:1

4077

Distillers-Seagrama

Dominion Stores

Doogias Aircraft Dow Chemical Dupont de Nemours Eastern Air Line

Eastman Kodak

2345170 Natural Gas

STOCKS & COMMODITIES

WHEN

SELL

Ferro Coryre & Rubber

Ford Motor

Gatineau Power

General Dynamics

General Fleet:te

General Motor

Gen, Pub, ma

Family Finance Coro

321

Firestone

First Nat. City Dink

51%Scars, floebuck & Co.

Sheti Ou Co...

102

101

sola Sperry Band

Square D

481% Standard Brands

Standard Oil of Cal

Standard Oil of Ind..

3914 Standard Oll of NJ.

Sleep Rock

Sterling Drug Co.

Stokely-Van Camp.

2016 Studebaker Packard Corp.

Thiokol Chem

Tide Water Uit

2014 Time Inc. ......

47

Gen. Tel. & Elec.

Stone

Weber

Getty

15

Sunshine Mining

Glidden Co,

Goodrich B. F.) Co

Great Northern Railway Guit of

717 rexas Co

Swift & Co.

441

Textron Inc.

BALL

Stammond Organ

Fryden Newport Corp.

Homestake

Tracer Finance

4720

Travellers fne.

21

Tri-Cont. Warrants

404%

Twentieth Century Fox Film

Imperial Todneen

14fr

Union Carbide ...........

Ingersoll-Rand

Talon Ou of Cal.

F23

Inland Steel Co.

tinian Pactile Tailway

437

Int'l Tuners Machines

54216

United AlternIt

512

United Frult

International Nickel

United GM Corp.

2415

Gypsum

TECHNICAL

WHEN

BUY

ANALYSIS

On Stock Trends

Research Dept. PERENNIAL TRADING CORP. 610-018 Edinburgh House

Hong Kong Tali Pile, SÜNDI

Jeram Walking Co.

In Retrig.

Idaho Power

Imperial

1 larvester

International Paper

Inti Tel & Tel

Jums-Manville Co. Kaiser Industries Kansas C. Power & Ligni Kennecolt Camper Kimberly Clark

Liggett &

Myers Tab Ca

Lion Ind. Lockheed Alternfl

Loews incorp. Lone Star Cement Co. Lorillard P. ..B Lawenslel & Sune.

40 xd US. Line Co.

U.S. Rubber

10.S. Stee!

US. Ston 7 PCP Warner Bros...... Waukesha Motors

Air Broker

14812 Western Union Tel. Co. West Ya, Pulp & Paper 141 Wim-Bixle Store <013 Woolworth K. W) saf Zenith Radio 2419

T

4232

30%

1214

Patir

MAGT

Vienna

2012

4312

43

30%

Zurich

Der

May

NEW YORK

Canada

England,

oficial

30-days

90-days

Other unchanged.

LONDON

Closing, rates:

New York

Montreal

Amsterdam Brussels Copenhagen

FTBUNILFI Labon

Stockholm

2.81 5/10-281 7/10 3.00 11/10-200 1/30 10.1734-10.104 10035-140 OTH

TO A 376

B021-6032

13567-1330G 14.8942-14.83%

1740-174035

12.50-11-01

12.1311-12.14UPI.

SUGAR

NEW YORK

Closing prices, all in cents' per

Contract No." 8 (world) " Oct: 2.50; Mar: 2.74 May: 2.34; 3.18: Sept: 4.79; Oct: 3.30; Spot World Average): 2.00.

Total Sales: 64 contracta,

Open interest: 050 contracts,

Contract No. 7 (domestic)

Sent: 0.02: Nov: 6.17; Mar: 038; May: 0.20; July: 0.20; Spot (Bulk duty paid): 0.03

LONDON

Closing prices, all in sterling HK Ga per long ton.

Tia_spot

3-month

spoi

Exchange rates

Bulnes was done in the Jocul unonical exchange market this morning at the following rates:- V.5. dollar (per 91) Sterling notes (per £1) .... 18.00 Australien notes (per 41)..

101

Oils were hesitant

and gave, ground where changed, Royal Dutch th lower at £11.

The mining market was in and closed dull, the Anglo-American Corpora- 125

the doldrums

ilon giving up 1/3 to 100

shillings,

100343%

130 or 34%

10003414

KK Tel

NORA

(old)

281% 391% 1200 3045

103030

200 or 39

39.67

(R.)....

13.30

100 18.30

1000 18.30

31

15.10

2326

15.30

800

35.20

19.30 10.40

300

£9.00

100 19.00

Bayara

031"

2000 of 10,40

200 19.40

031

Copp-month

500 GE 19.30

AZTAG

800 19.40

Olman

Lead got

3-month Zinc pot

3-month

+4

1.03

4.10

1000 # 4,10

1000 6.10

731 74%

4000 4.05

6000 44.075

4000 6430

5000 on 1,078

Jardines

.. 22.00

Cement Dairy

5514 34%

Textile Nanyang

11.80

A. Rubber

4% 5.80 2000

R. Trut.

0.20

600

B.701

Local P, P. 26.10

29

Japancre Jon (per 100)

12.34 1.50

100 Gr 24.00

Cambodia riel (per 1001

9.60

French now frane (per 1)

500 / 30

Total Sales: 147 contracta. Open interest: 1,838 contracts,

Taiwan yuen (per 10)

Kress way (ber LOU)

lira (per 1,000) Chinese JMP (per 1)

Brazilian Cruizeiro (per 100) Argentine prso (per 100)......

Lane, Crow. 301 302 3500 30

1.00

500

5.23

3.30

Sh. Land..

500

1010

Sh. Das...

507

9.00

0.48

Humphreys 23.20 23,70

B00 40c 500 23,20

-UPI.

baht (per 100) Burmese Kyat (per 10) Pakistan rupee (per 10) Mocno pataca (per 1) Norwegian krano (per 1001 Philippine peso (per 13 Singapore Straits (per 1) Swiss franc (per Netherland gulder West German D-Mark (per 11

$1,00

6.75

7.12

0.994

1.70

lb.:

(per

Cuban peso (per 1)............

Agreed merchant

rates Delgian Francs, Selling 867. 0.79

Maximum

Foreign, bendis were lifeless. Peor comparty news turned rubbers dull wolle tens were irregular.

10

The overall weakness spread Government Honds where long-dated issues were clipped for up to £4th.-UPI.

Closing prices

British Government Securities 2. Consolidated--#387%.

3. Savinga

Conver5/01/10.

5 Saving 1065/75-£674, 3th, War Loan-25316

Overseas Donds

5. German (Dawes)-R$23. 85. Japanese, Asseníode£ik.

packs & Insurance

Barclays Ord-734 30.

Chartered Bank-51 d. Guardian Amurance=521 dd, Hongkong Bank-£175. Landel Trust

Lloyds Bank--4]*.

Lombard Banking Ord.—13a 10d. Prudential Astur. “A”~£23-11/10.

loyal Bank of Canada-27. Royal Insurance Ord.-16? Ja.

British Petroleum-43s 3d. Burmah Oll-34% 30. Shell Transport Ord-1131. Royal Dutch-11.

Ulltamar Company-248 1old.

Steels Engineering Babcock & Wilcox Ord-25a 3d. Calviites Ord-341 44d.

Gueat,

· KEET 2004 30.

Herland &

(Ord-18s 04.

Steel Co. of Wales-24 3. Stewarta & Lloyd" Ord—138 10:54. Bummers & Bone Ord--tös Bd. Tube Investments-02% 3d. Unlied Steel 44 d.

Vickers Ord—938.

Electric

Assoc. Elec. Industries 7. Assoc. Television "A" Orch-201. Birmingham Sound-40, 3d. Brit. Electronie Indo d Brit. Ins. Callender Ord-SBx. Elec, & Mus. Industries-350 Dd. English Elecirle Ord-20s 3d. General Electric Ord-281. Philips Lamp Worka-£ 10-1/32. Redifusion Ord-3x 1011⁄2d,

Industrials

öd.

Assoc. Portland Cement-72a 11⁄2d. Beardman Marden Ord-i Borax (Holding)-150 34. Decca Records Orde©s. Dunlop Rubber Ord 25a 1011⁄2d. Fiona Ord-30 715.

Gilman (Holdings) Ord.-s 45% International Computers-uls 04 London Brick Ord-on J. Turner & Newall Ord~~325 115ct. Unilever Prom1494 Wiggina Teape Ord-534.

Chemical

Impo

10d.

Chemical end-35% 63,

Chemicals Ord--100

Cinemas & Television Assoc. Brit. Pictures 48 SIA, Bank Orgauliation Ord-20s. Stoll Theatres--G# 4350.

Papar Bowater Paper Ord-49a 9d. De La Rue Ord-835, Bleed (Albert E) Ord-461 34. Spicer Ord-421 68, Tobatcos British-Amer. Tob, Ord-60 ML. Carreras "1" Ord-5: 30. Golisher Ord-419 5d. Imperial Tobgeco, Orá-ths 34.

Motory

British Motor Ordia Ed, Hawker Siddeley Ord-Wi Jaguar Cars Ord-its 3d.. Rails-Royce. Ord--448 1948. Westland Aircraft-10a 1jad.

Textles

Bradford Dyer-16, Dk. Calico Priofors Ord-134 3d. Coats (JP) Patoni & Baldvins→→ 44% 36.

Courtaulde Ord-3s Gl.

Fine Splanera Ord-213 Dd. Lancashire Cotton Ord-Slatd. Breweries

Distillers Co. Ord.--368 30. Guinness (Arthur) Ord-529. Ind Coopa Ord-130. STONES

Fitch Lovell Ord-i 111⁄2d.

Great Unive at Ordin Great Univeral "A" Ord-40 pd. House of Fraser Ord-37A SE, Lyana (3) "A" Ord-07a Itad. Marks & Spencer "A" Ord~~102° 36.

Tole & Lyle Ord-47% 1d. United Drapery. Ord-49% Woolworth JF.W,) Ord.-528 711⁄2d.

Miscellaneou

Bowmaker Ord-15% 35d. Brit. Commonweal Balp. Ord.-37 l'ad.

Canadian Pacific Ord-#41. City of London Real Prop.--12a od. Cunard Steernship Ord-i Aşa Forestai Lond

T-

1040

Furness Withy. Orde-3a Od. Hongkong & Shina Gas-230, Hudson Bay Co.£1-0/16. Indo-China Def. Ord-200 Gd. Land Securities Ord--30% 42ąd. F.&O. Steam Nav. Def.-90 94. Minos

Angio American Corp. 84-123- Bd.

Brit. South Africs Co.-80s Od. Belilah Tin Investmnet-100 d, Consolidated 2ing Ord-04. 00. De Berry Def--1321 §d. London Tin Corp-ids Id.· Mount Tra58a, fd, Rating Tin-10%

Rhodeslan

Selection-38 10110,

Anglo-Amer, Ord—as Gd.

Rhodesian Bajeculan Trust-d 7iid.

Rio Tinto Bearer)—348_4150. Rean Antelope Copper-sid Union Corporation-43s 100 Welkom Gold Mining-15 Ød. West Rand Investment Trust-429 ed,

Western Holding-it ed. Southern Malayan Tin-32.

Rubber & Tea

Anglo Indonesian

Ceylon

Imperial Ten Ord-15s éd,

Kuala LumDER 2%.

Lambok

-Reuter

FARM ADDRESSES

"Willowdens" Farm,

(Spcolat Fattening Unit) Ford End,

Ivinghoe, Bucks.

Chapel Hill Farm, Harlingfold, Cambridge,

Cambridgeshire.

Glen Moor Farm,

Tolleshunt Major,

Nr. -Maldon,

Fox,

Old Tree House Farm, Hoath,

Canterbury, Kent,

Woodside Farm,

Maltmans HAI,

Smardan, Kant.

A.B.A. Farm, Queenedown Estate, Woodchurch, Birchington, Kent,

Burland Farm, Claphill Road, Gravenhurst, Bedfordshire.

Bill Vlow Farm, Lower Stook Road, West Hanningfold, Esax.

Church House Farm, Baydon, Wiltshire,

Meadow Farm, Stradbrake, Norfolk,

New Buildings Farm, Holbeach St. Marks, Lincoln LA.

The Dungelow,

Marchum-le-Fon,

Lincolnshire,

Directors

H.E. At, Hon. The Lord Durdan O.B.E, J.P. (Chairman) P. Wilson

Animal Husbandry Conexfkant A. J. Miller. M. R. A. G.

Plo Farm, Management and Agriquituret Commitmirk

H. Miller Farm Inspector

W, G. Cam

General Administration 0.0. Wilson

Office Manager" Gidney! K. Mant.

FARM ADDRESSES

Roughton

SOW, LITTER AND YOU Hoon Tower,

You can cash in on our Pig Breeding develop. ment with guaranteed profits which bring a far better return on your money than is average.

Multiple breeding spread over the Home Counties is scientifically planned to reduce production costs. Indeed, many of Britain's largest specialist pig breeders are among our clients.

As pointed out in a recant B.B.C. European Broadcast concerning our company, our systems of breeding pigs for the public is "very original and profitable to pig owners”.

Our proposition is this:

We will register you as the owner of pedigree breeding sows of championship class and line for breeding at our combined breeding and fattening Model Danish Piggeries at Ivinghoe, Buckingham- shire, and will pay you a fixed price for the litters farrowed, which will guarantee profit returns at above average rate. You will receive payment of fixed profits at six monthly intervala, together with a certified account. The sows are fully insured against all mortality risks by arrangement with leading insurers who recognise our high standard of efficiency, management and production.

It is not possible to give full details here but If you are interested in participating on a minimum outlay of £100.0.0d, please write without of course, any obligation on your part, or contact our Overseas Safes Manager Mr. Gerald Kane who is staying in Room 341 at the Miramar Hotel, Telephone G1281.

ANGLIAN PIG BREEDERS

Props: Introductions, Ltd.

Livestock Deafors Incorporated 1951

26/36 Shaftesbury Avenue, Piccadilly, London W.1 England.

Horncastle Road, Woodhall Spa, Lincolnshire.

Toombs Farm, Brookfield, Cambridgeshire.

Fairfields Farm, Welleyke Lane, Woodhall Spa, Lincolnshire.

Nelsons Lane Farm, Haddenham Nr. Ely. Cambridgeshira,

Brick & Tlie Farm, Great Wigborough Nr. Colchester, Essex,

Orchard Fatim, Banderose Lane, Bouth Park Reigate, Surrey,

Chatley Eum, Midford Stoke, Limplay Stoke, Bath,

Bomerat

Bradley Road Farm,

93 Crockarion, Warminster, Wilts,

Park Farm, Bury Road, Haughley,

Ne, Stowmarket, Suffolk,

Boklesbrook Farm, Upper Holton,

Halesworth,

Buffolk

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