1961-11-28 — Page 2

Yesterday's Closing

THE CHINA MAIL, TUESDAY, NOVEMBER 28, 1961.

COMMODITY PRICES

FOREIGN EXCHANGE

Cainy

ון!

27

1 Rv spot 22 21 Seillement house to m lan Jan Mar

29 22 ANG Ann

LONDON

Bra

11

Closing prices, all in steine

Tin

1526 Kiwi Bement ob IN

3-

9535

3 month

3-month

NEW YORK

Canad. 6-7/32. rate England officla, 28160; England 30- day's 2019 Engand 90-day: 2.7085 New Zealand 2.80€! Othe un- changed.

LONDON

Cloping cat s New York 781,- 24. Montira 29-9-29 11

Amsterdam 113-16 B, Brussels 190 121-149 170 Copenhagen 163724- 19.39 Prankfurt 11.259-11,20 bon BU 17-86.27. Od 2007-20 021. FY19 130-1381 Stockholm 14.34-14.54. Mulan 1747-1747 Vienna 72 16-

72.89 Zurich 12 164-12 12 UPI

LONDON

Chiesabat patrees all in pence per

Mar 22-227

Cupper or 220h 229.« 22-

228 229

222

Lead apud 611⁄2b Al%

Apr June 23-24. Juh Sept 62141 0205 221, 231-23. Ort/Dec 23 23

Coarket of basis, Parks

Estate

:: De 250 24 k De:

AMSTERDAM

("Insing prices all in gullders

jer klegram, call Dret

Noober

204 NOTE 12 Pubber 2002 avere, No rubber Tak beyo No 25g 2:39 Agreps

an spot 716 7048: 72b 12 UPI.

SUGAR

COTTON

NEW YORK

Closing prices all in cents per

11.

Spol 35 60n. Der

34,99% May

40

35 15 July

33.00 DEL

76. Mai W

31.00 Mar

{¢=t May

410 Ur!

LIVERPOOL

b.

Clang oras act on aver

American Contract

Веч 23 83 M 245, May July 25 15.

200

Jan 24 10

Mixed Contract

Der 24.20. Mar

2484

July

25 55

Ch't

21 RO

Mat Dec

25 30!

24 INI

1521

Jan 24 80

RUBBER

NEW YORK

Rubber flores vienas pries,

ali In vents pry 11

REX NU 26 Jan

METALS

זי{' !

ida

NEW YORK

Closing prices, all my centy per

Contrugl Nos ?! May 265. Jukk

* 55

275. Spot

Tola! Seles 42

Opres interest Conor Nt

world Mur 5. 2 TV Sept 270 WTH: Avelive:

contracts

790 poalereta

duprestar

NEW YORK

pices all in cents TR-1 |

$40, J

De 10.75 20

A25 May 27, Jul 626 01

Spot Bolk duis part 521

Land

7

De

1

29 82

N45

K! 79 Jan

Pot Esper

Sales 21 unchael-

G

ANTI-TRUST SUIT AGAINST FORD

Washington, Nov. 27.

The Justice Department today filed an anti-trust

1900

U.S. corporate WORLD. SHARE MA

profits rise

Washington, Nov. 27. Corporate profits continued to rise in the third quar- ter of the year in the woke of a rapid advance in pro- duction during the spring and summer, the Com- merce Department report- ed today.

uf

Highlights of the Office Buriness Economies' Annual re- view of corporate financing were published Inday in the Novem- ber issue of "survey of current business"

said!

Cuporate

Flurry of buying Prices turn mixed halls downdrift in heavy trading

A flurry of afternoon buying focussed mainly on

non-index stocks halted the downdrift yester- The stock market closed mixed in heavy trading day and the list closed irregularly higher.

LONDON

profits. after hitting a low annual rate

Steels rallied and registered of $40,000 million in the spring gains up to 1/6 electronics went ahead Courtaulds addest a frac- recovered quarter.

10 $45,000 million in the summer

lion in quarter.

texules while British and the advance continued In Motor Corp. moved higher in a

mixed motors the fall quarter

section, Uncertainly marked engineer- ing sucks and stores mainly cased. Real estate stocks, banks and insurances found favour.

Gilt-edged held on to Friday's tromesa, gold mines staged a Imited advance. coppers were quietly Arm bul interest in tins off and the counters tapered

Reversal

A sharp reversal was reported inventory 011 management's

up, aud policy as sales picked

Te was an increase in other working capital investments.

moderate rise in There was

nding for plant and equip- ment programmes, which

one of the in- office sald was

factors in portent

furthering

siness expansion.

essed. the

in the pust, plant and equip- ment outlays have lagged behind the general upward movement

business activity-UPI.

suit against the Ford Motor Company over NY cotton

its acquisition of Electric Autolite Company.' a motor accessories firm.

New York, Nov 27. Cotton futures were less ac- antive today and largely centred

current crop deliveries. Late selling pared gains for & of months and final number prices were mixed ranging from 15 lower to 20 higher UP!

Ford bought the Alduine made my plants sales facilities parking the "Autotite" trade name

The Government charged that Food's acquisition could sub auty Gecrease competition

plug and battery Fax to w!)

- pristine and seats

1. דיווי

pany s

of

Aptal

Competition issue

sascholders

Elevene

1:

T

the 4 kong plug and other

ALLANDALE BUSINESS.

The companies Autolite, Autente Me Champion Spark Plug Co.,

and General more than

am reporter 1 mm territori

1 $28 mndiion

25

Standard

2

May

25 te 113

27 16

Мно 20

3: 3

Ph

A better

Now

26 90

SINGAPORE

cents

di 10:

ports

No 1

Dne 14% 74

J

Dec 72-72, No i Dw

Closing pana

امام الد

No 2 Dec 77142

Strach Malay te

Spet rubber coba hot 74% 747

Banket crepe 711-721,

Nude crepe

15.0

דרה:

Motors--produced, 90 per cent of packing plugs turned out in this country last year, the Gown-

LONDON METAL

Copper Fin

A Listicy Department spekter a Ti Vnd Be a lad

Deveral District Court in Detrsal.

men said

Header sparking plugs, Fier- taz Aulvlite pise produced bat-

dynamos. electrical

a thus pourt to murder poid to mulers, instrumente, and ignition itself of Twe iamufactur

1

Keater

London, Nov. 27

x=2 values

slight ground initially following the london metal exchange official figures of warebeuse stocks.

Was easier

The today.

market

Lead and zinc were steady. --

¡ UPI.

ning places

Oils brightened bonds were idle.

THE BALTIC

Far

EXCHANGE

yesterday.

ter

NEW YORK

predictions, however, fer o hel- month and better Your ahead. On the other hand, cars. declined despite record sales of 17.5. cars for the middle 14:12

The market was slightly high-days of this month er at the opening, but it turned mixed around noon and remain- ed that way to the close.

Most gains and losses ranged from a few cents to around one dollar a share, but there were

were

some wider moves dirertions

both

Ford led the group down fol lowing news the US govern ment had filed an anti-trust suit the company Jor 115 against acquisition of parts Autolite C Furd was down 85

of electric

much

as three dollars for 1 time, but closed off 2'+

London, Nov. 27. Eastern markets quiet on the Battic Ex- change today. There was also little to excite interest | Index rose a in the western section. North Atlantic grain

when a Headlam hy this indicator in the last five weakened Both rubbers vessci accepted $5 for an 11,000 sessions. the S&P 425 industriais 198,000 shares.

to a new high, up;

and foreign

and teas tended to drift lower. ...UPI.

Closing prices

GOVT BECA

2 Coneol 88 3% Con 612

1977/80

5% Dowen

Wiggins

De La Rue

65/8

Spicers

37/0

47/0

TOBACCOS

BAT Сатегаа

rates

The

Chadbourn-Gothan: fed Standard and Poor's 500 Stock volume list, rising 1% to 8% on

mere cent

to an-127,300 shares. San Diego Im- al-time high of $71.85.

perial was second. I was the fourth record made 20 on 108,500 shares.

other

ton cargo to Antwerp/Rotterdam s ro

Or Amsterdam for December 1 three cents to $75.80 loading. Previous business re-i reived $5.10

in

БСТАР

The general weakening rales has encouraged charters from the American 80/8 Atlantic to Japan to quote $137. 6/4 500. The rate in this trade has 65/5 remained steady at $140,000 for

months owing

79-7/16 71-3/16 MOTORS

to dis- 15/- some BMC Hawk sud 21/-xd : charging delays at Japanese

128/9 Jaguar

37/1 ports.

:

was third,

1

al

Zenith

up 3 1 8014 on

Mefrory was fourth, tu 231⁄2, followed by Ford, WIT 24 i

at 1087

gainers

incluated

1 WHE * broad market which 1,315 Issues erussed the

Active Of these. 572 advanced, Standard Oil (New Jersey), 3. Tape 535 declined and 208 closed un- There were 95 new highs for the year and 15 changed

new lows.

The stecis and airerafts ad- vanced, cars and rails declined Other major groups finished

River

Plate wheat shippers mixed took the Elpis for the movement The Associated Press of 10,000 tons of wheat to Ja Stock Average Guaira in January position

3% Sav

A5/65

60/70

05/75

5%. Vic

Di

Jan War 51-8/10

O'BEAS BONDS

Australia

R Rayce

9

TEXTES

Bradford

15236

Calico

12/4

12/8

Coats JP

87,3

Guardion

52

HK Bank

18%

Courtaulds 28/9

19/8 Fine Spen Lancs Colt 42/2015 BREWERIES

$7.50.

Fixtures

Landel

63/3

38/$15

Lloyds

14/6

Fixtures:

193/0

65/8

5 Jap, A BANKS & INSURANCE Barcl Charl BK

Distill Gulincess Lombard 13/1 Ind Coope Nat & Grind 33/ Watney Prud A 25-3/16 STORES

272. Guses

48/71⁄2 Gussies A

Ry Duten 11-9/16 Ultramar

STEELS ENGINEERING Bab Wi Colvilles

D Loug

Kee

H Wulff Stew Llyds

Summers Tube Jav Utd Steel Vickers ELECTRIC

ABS Elec Asa Tel

Brit

Ins

EMI

Eng Elec GEC

nt: 267.20

i

i

Studebaker-Packard ka and

American Telephone

General Telephone & tronics was

AP.

Elec-

active and

down

Closing prices

را برای

declined 20 to

60ACF Inds

Air Hed Aldens Inc

863

Na t

25

Nut Leas

#1

Nat Stee!

All Chem

54

NY Central

16

All Chal

20

Nart Wes

103

Alum 140

27

North Am Av 52a

58%

Olm Mult 20% 45.

OM KL

BAZA 92

The Dow Jones 30 Indus- trils were down 61 at 731.99.

Northwest Alura Co Am

Volume rose to 4.700.000 Am A shares compared with 4,020,000 Am Brake

Am Cyan shares traded on Friday

Am E Puw 761 Am Fore 1432 ADI Mach 3726 Am Metal Am N Gas Am Phot

Northern Range to Antwerp/ Rotterdam or Amsterdam Head- dam vessel 11,000 tons & per cent ! 50/41⁄2

heavy grain December 1 $5.1

MIS LANEOUS 22/3 Burymaker

50 Brit Comm

24/3 Ship

72 CPR

Channel

43/7 Cunard S

20/

HK Gas

31/3 Indo-Chine 33/7

86/2013xd MINES

43/3 Anglo US 26/6

Cong

141/2016 20/- Brit 8th AS STA

Photpa 9-23/32 Brit Tin Rediffu

18/0

Cons Zine 18/0 alon 40/10% De Beers 141/30 INDUSTRIALS Lon Th

Ass Cem 53/10% BET I

Boardman

Borax

Terca

Duntop

FIPONA

Guman

Surt Comp

3/ Petaling

15/3

10/8

Profit-taking

Street analysts

completing 10.000 dominated the market.

Owen II) 467

Oxford Pup 393 Paculica 10 Pacic & '5 7514 Panam 36

Paramount 40

Parke D

with 3,000 discharge free.

Necochea

to La Guaira tons 10 per cent wheat in bulk

Am Tob 109% 'The business news was January 5/31 $7.50, option full, mixed with some of the stocks Anaconda

Ampex Bahis Blanca loading 25 cents

affected moving

diverse Armeo In less La Gualra and Maracaibo directions. Steels, for example, Bald-Lima

despite a

Gulf via northern range and/or Gul: 20/6.-UFI

UNIT TRUSTS

53/16

First Hongkong Fund: $1.15 Rand Se 48/15

(buyer), 31.23 (seller). 66/9 Rhod Anglo-

Fund ex 20/13 US

Second Hongkong 50/9 31/ At Tinto 40/- dividend: 91 cents (buyer; 97 5/1

cents (seller). 85/

Turn. New 58/715 Onllever 42/44 CHEMICALS Boots

Roan Ant 4/735 Union C 19/756 Welkom 14/1 West Hand 40/4/2 Weat Held 121/201

30/- xd 27/4xd Mai

50/8 RUBBER & TEAS

AGREED RATES

Borman

Burroughs Fairchild

Ponnaali

Raytheon

32

St Regis.

244 Scott Pay

48 Se

Gen Dynam 27 Sheraton C

75

2124

บท

Ryl & CHIL

Ry) Ina

OIL

Bill Pet

32/0

Fraser

38/9

Wall

safel

343%

Bunnah

32/6

Lyons A

73/74

Shell Tra

111/6

M Spen A

Tate Lyle

Utd Drap

104/3

47/8 Woolworth 52/10%

Babia profit-taking and tax-loss selling Am Smelt

35 453

48/Blanca

Am Sugar AT&T 1343

0210 36

Penny J. C. 95% Pepsi-Cola

5

Pfizer, has 527.

20% Philco

232

14/-

52

Philip M 120

72% Pulsbury

70

29/TE 434%

Armour

493

Pitney B

04

13

32/6

discharge $7.75 with 1,000 dis- advanced

149

Pittsburgh

0345

37/8 City Lon

79/3

charge free.

slightly Balt Ohiu

212

Proc Gam

15/-

01/5 Forestal

8/116

40/0 Furness w

31/0

Ollburner 14.822 tons (DW) try 713,000 bale 141⁄2 knots on 41/43

week

lower output by the US. indus-Bath from

last

There

Puhlicker

54%

were

Beechnut

Pullman

36

вз

Bendix

162

Pure On

23/-

tons fuel oil voyage aficss

Ben Fin

57

Radio C

14

Benguet

Radio P1

73

Hudson B 4-5/16

delivery

Land See 31/31⁄2od 29/76 P&O

Sath December 4, redeilvery Persian

November 27/

Beth Stl

4114

2016

Blow Knox

Repub 811

61

SYDNEY

Boel

401

Revlon

Rexati

Borden

44

22

Reyn Mel

37

36%

Reyn Tub

B6

B80%

Rheem

132

Friday, Nov 24 am market.

Fam Fin

La!

Ferro Corp

54

21% Safeway

By Dutch

58

Sale

Yield

31

Fibreboard

BANKS NSW

Schenley

2732

Filtr

133

£32/17/6

55

Firestone

Boe

Commercial of Syd-

itery

Ford

€20

6.0

1087%

40T

Buit.DING MATERIALS A.R.C. Industries Blue Metal Inds

20

Gen Elec

45/6

3.3

Gen. Fonds 101

70% Slugler C

Sinclair

301

LM.

22/9

3.3

Gen Instr

201

Smith, K & F

Backworks Ltd.

66/-

4.3

Gen Motors 54

7424K

Humes Ltd.

2176

3.9

Gen Pub Ut

Sony

Ready Mixed Con-

Gen T & El 25

South PR

crete Ltd.

11/3

2.4

Gen Tyre

Wunderlich: Lid

01/9

4.0

Getty Ull

87 15

4745 20 Southern Co 584

Bouth NG 48xd

Kandos Cement Co.

1,td FINANCE

Securities Ltd Aus! Guarantee

Corpn. Lt. 1.A.C. Holdings Ltd. Mercantile Credits

Ltd.

Gidden Co

South Pack 407

20

17/11

29

Goodrich

South Hei

5714

Goodyea

43

19/6

4.

Great N. Ry 43, Gruman Ati 3011⁄2 Calf Q

402

5012

Stand Brnds 845

Standard Oil

14/

53

Bammu Org 3544

(Chile)

52%

13/7

C)

71

(Ind)

61%

1914

(NJ)

4731⁄2

B/8 7.9

39%

Ster Drug

14

50% Stokeley

3914

182 Stone Webs 72%

69/815

1,0

49

Studebaker

11%

...

44/-

3.8

38

Sunshine

R

Wm Adams & Co.

Swirl Co.

41

Ltd

በያ-

1.0

72% Tenn. Gas

25'

John

Lysaght

35

Texaco

$414

(Aust.) Ltd.

05/-

2.4

109

FOOD

Jas. Stedman Ltd.

63-

3.2

Martlckville

Holds,

Lid.

24/71

1

112

Kane P & L 6TS Tidewater

Thickot

JB'1⁄2

77

20th C-Fox

3-1

Mauri

&

Un Carb

1315

Thoms

19/11

2,5

Unium 08

62:5

Rosella Preserving

Un Pac

30%

Cu. Lu.

31/0 4.0

Uld Au

4514

1ST.AND TRADING

Utd Frust

24%

Utd Gas

414

w Carpenter &

Co., Ltd,

87/- 2.2

42/8 5.8

30/41; 25

23

71 US, Smelt 14

US. Rubl

DG

U.S. Steri

US Steel

7Pt

70%

14444

10/11 3.5

29

5245

12/11 4.3

D8%

3.0

AB

72

3.8

2.1

3.0

I'

Morisante

17/-

VINEMAS TV

Assor Pix

Bank

24/9 30

Beylon Tea

Stoll

PAPER Bowler

Aonde 11

Comedian Dilars: Maximum Selling 18-3/16, Minimun Buy- 17/0 | ing 18-7/16 T.T.; 181⁄21⁄2 OD.

mp Tea 7- KL. Kepong 2/01% 40/3

Leylak

43/6

---Reuter

West German Deutschemarits: Maximum Selling 09-13/16,

Hongkong market

generally firm

ENGINEERING

Broken ни Pty

Co. Ltd. bcPhersons Ltd

Prices were generally firm on the Hongkong Stock Exchange Burn Philip & Co.

this morning.

Hongkong Docks, which Loved from strength 10 strength yesterday. continued to climb, closing

at $141, a gain of $4.

Wheelocks added fraction

Elec.

Electricities, two

at $12.50.

Of The

Lights showed the

formance,

1000 de 41%

300 42

1000 4774 2000 $135

1004 8200 @ $294 3000 41% 1800 $14 6404 40 2300 401% 3800 or 401

2000 40

better per- hitting $42 at one Telephone

(Old) b44 #UL stage, E gain of 50 cents on yesterday's close.

The total

300 574% le 65.85 $ 95

1000 5.85 Nanyang A. Hub City

Hotel b

Hump

Steamships Trading

Co.. Lid

RETAIL STORES David Jones Ltd.

Ltd.

12.40 G. Coles & Cuy.

43

A4 38 40 38 200 3814 204 381%

....

Moran & Căto

(Aust.) Ltd. Wallons Ltd. Woolworths Ltd.

Cona

Indi

SUNDRY MANUFACTURING Aust. Lid 625.40 $25.79 Amalgamated

450 44

1000 25.60 (New) baz 1924 Stor 6228 8232 this Gas 21.10 2120 turnover

100 230 500 1.10 L. Cr. b3734 5307% morning was 55,150,000, com-

1100 21.20

500 38 pared with $5,270,000 yester-

2000 21.10 'writers

614 day morning.

HONGKONG

0506241

I. Inv

Mine

Wireless A'sia

Bertel United Ltd. Bitumen & Oil Sheries Aust Containers 24127 Carrier Air ditioning

653 3. Fielding & Co.

Metal 32.40 62.5

Re-

Con-

Gilm

14.25 4.30

A sta

{Hold-

2000 4.125

Nav b2.875 $2.95

ing)

40000 4.15

13.10 James

Hardle

2000 or 4.15

bfc sic

Destos

Bwo

524.40 1945 1650

24.48 Rupe

Ltd.

Jehn

Mollath

Ind

Meggitt Ltd.

Avel,

Chemipsi

2060 @ 130

242

100 139

5500 @ 37 Watson 157 58

245

W boat b29.36 Const b11.80

58.00

3400 a 140

900 141

300 @ 141

Cotton

200 140

400 141

2004 7334

This morning's quotations and prices were:-

Bank b360 6352

bi 1000 24.40 'kew Cement 568 869 Sh. Dock 62.80 190009 Sh. Land b85c

Ainoy Dalry b37 83714 Sincere

500 69

92

3.4

3.0

2.0

༄ ཡུདྡྷི , ཝཱརྠི ཟྭ གཽཔྟཱཿ། ༄སྠཽ =ཐཱ ཝཱ ཝཱ, ཝརྞྞ ཝཱ སྤྱཉྫིཾ བཿ བྷ ཎྜ རྩྭཨྰཿ ཤྲཱཎྜུ རྫུ བཿཡཿཕབྦོ

* % DEC 22 2 2 2 2

Rand Pa

Intl T & T 58% Tex Instr Jones Laugh 70% Textron

4.3

7.1

1:0

9.4

4314 Und Match

88% Walworth

14

75 Warner Bros 80% Werner-1. 82 39 Westghs Air 25%

543 Westen, B 10

Winn-Dix 29% 01% Woolworth 80 134 Zenith

--UFI

U.S. imports

from Japan

nows

Washington, Nov. 27. Secretary of Commerce Mr Luther Hodges said at m conference Today that over a period of monthy U.S. imports from Jopan might, ouse off a little, but not very much. He said that Japan's recent decrease in purchases from the United States

was, in opinion, due to steps taken by Japan to protect its balance of Ke sald payments position. that the United States had been selling goods to Japan at a rote cf $900,000,000 annually above purchases. #The Secretary-did not indicate any concern over the long-term trade trend.

៨

hi5

His comment followed a re- porter's Inquiry as to whether September: Trade figures, an- nosmeed, last week were indica-

tive of a trend.—UPI.

FORD

DELIVERED

THROUGH

WALLACE HARPER & CO.

T A

HOME

256, HENNESSY ROAD. TEL. 774121

- Taikoo - ~67236-#13-

..700 1245

24 HK Hti 642% #42

100 350

20 352

Prov

Lon Reg

Lom-

Band

04)

Στην

fK FE

be 59.30 LandĎ

500 @ 421 100042

4600 @7316

Inv b21.30 $2100 Local PP.

5291.90

Exchange rates

unonicial

Business

Inde. Ltd.

weniti Industriai

Gases

Bonds

Industries

Union Carbide Aust. TEXTILES CARPETS

Ltd, Bradford

Mills Ltd. Felt &

DI-AWES:

Textiles

Yerry Falls Limited NEWSPAPERS--T.V.

Corpn.

in the local John Fairfax Ltd. was dong

this Television market exchange US dollars (per 1 morning at the following rates:-

Sterling notes (per 21) Australian notes iper £1) Japaneto yen (per-100)

2000 31.10 Realty 3.1 Cambodia risi (per 1001

500 do 21

120 21

2000 21.10

700 $1,20 1000 G 21.53 1000 213 Whart Wlook plzig #12,70

4000 in 15%

500 a 2.1757ench now frane (per 1) 150092175 Brazilian cruzeiro (per 109) 20230 or 2.18 Argentine peso (per 100)

New

b1.975

15000 2

be

3500 44 12 Bus

200 140

000 18%

4000 € 12.00

200 g

1900 19

2210 40

Korean hwan (per 1000)

lan fire (per 1000)

Chinese JMP (per 1)

200 o 40-Thai-babi-iver—100) ———.

1400

130

Pakistan rupee (per 10):

115 90191 | #wiw frana (per 15

Ltd.

5.673 BARE AETALS' 18.70Broken Hill-South 13.09

LiG.

LB0 Rights

1.13

1.60

0.10

4.00

1.91

0.4

Mount Ira

Ltd.

Mince

North Broken Hi

Tights

RUNDRIES

Deposit Invest-

ment Co.

Drug Houses of

MJ. Walter Ltd.

1.4

5.0

4.9

26

2.0

"Stock Exchumar

10 Nov. 23 Ney,

R79.31 390.12

Washington H, Bour

Pattiman

Bydney Bhare pricu index,

Talwan yuan (per 100),

1.20

28.10.

bible BTO

Burmese kyat (per to)

2000 Y

070 7834 b110 ali

Dock

Macho Palace Der: 19). Norwegian krone (per Philipplan poup (per 1).... Singapore Straits (por--1)-,

3.45 7.36 0,990

Gordon & Cotch

|:LA'şla),

7,00

1.80

Netherlands guilder (per 1) West German Mark (per 2) 419% Cuba paro (per 1)

All orda

2ndustriale