1961-12-01 — Page 2

Closing

COMMODITY PRICES

METALS

ויין

وار

Costig

Cenis

SINGAPORE

all james

fuis

in Straite

pur!

Na The

1970

No 2

ita

12.

marav

12 12 N

19-55% V. 70% 22. Sp

H

€

זי ך.

AL

AMSTERDAM Closing prices all in

kilogram, elf Dec:

tel.

THE CHINA MAIL, FRIDAY, DECEMBER 1, 1961.

Rubber THE

:.

market

Singapore, Nov. 30.

Malayan Improved overseas

guilders

Dec

N..>

2:52 bay

No No substan

"

198 Buy UPI

S, Na 2 ereje

232 buyerH

ib:

NEW YORK

Closing prices all m cunts per

Lead Dec 9 Inn 193 2inc Der 10 07. Jar: 104. Topper

28.45, Jan 29.63.

Closing prices, all in stering

per long ton:

Cupper spot 2256 228,5

LONDON

Ter

spot a55b

SA 3-non)

8636 9049:

3-month

2286 28

Lend

spot:

Bob 00:

1-month.

Zine

spot

3112

$19 $600

باز

70 70 3-month -LPI

COTTON

FOREIGN EXCHANGE

HG 15/10.

England

NEW YORK

Closing prices alt in crats per

NEW YORK

Closing rates: Funda 20% Engand 30-day 2.8170

-days 2.7055 Australia 2.25 New Zealand 18039, Denmark

2040 W Germany

Saltzerland 2780

Spot

34 66

35 Kno May

[

3364 ལཿ,,

25 15. July 34 20

13 00.

Dey

331)

t

17-1

E.

33 64

Mur LIVERPOOL.

Closing prices all in petice pet

Teen 1150

LONDON

Csing rates

You B

retai

Eng

14R5

2500 2317

2.81 3/10-231-5/16 Mol Tread 2.00 3/18-298 5718. Amster

101-10 N Brussels 139.05. 135-19 36. Copenhage

1.1-M PA 14 53-

140K611 Inkfurt

10.27, Osin 2001,

Stockin

2,16

1965

Mile 1412 7

Dec

24 50

12 12 12 85 TON

American Contract Dec 24 15. Mar 24 56 Min July 25.25 Oct: 24 30.

250

Mixed Contract

Dec 24.50; Mai 25 05 Mar

July

25 65: Oct

Jan

24 94 --UPI

2480.

דואל

21

24 40

RUBBER

NEW YORK

Rubber fluns litt paracen

REX J

ents per 1-

111 111

27.35

Mai

27

27 15 Sept

Si

advices made for higher opening but after some uncertainty prices eased as private |

failed cobles

to justify! terminal improvement. Federation godown selling acerlerated decline but at lower levels demand improved and

qundation absorbed.

Under et conditions prices ased shghtly after lunch

Exchanges

with: four far lower

Welt

continun

THE BALTIC

EXCHANGE

London, Nov. 30.

markets groin American

were active today. Wheat shipments were arranged from the Gulf to Tunis in December and December- January positions at $7.70. Twu American

Ang vessels

WORITE SIDE MANERA

FIK Bank Lombard Wheelock HK Whart

43

a glance ★

Dividend

* The shärë märket at

Up dr

Nov. 2

Nov. 9

Nov. 15

Nov. 23

Nov. 30

Down

4. Вопи

Approx. Yieldi%)

354

366

364

354

388

+$4

$60*

3.6

41sh

42n

42n

41b

42n

+$1

$2.26

12.80

12.90

12.90

12.40

124秒

+106

150

848n

354

3152

348

པ

348

steady

$12

HK Docks

122

128

125

124

140

+ $16

Talkoo Docks

66

7119

71

70

14

+$4

$3.30

4.8

Provident

29.80

31

301%

29.70

29.70

HK Hotels

411

43

41!4b

steady

11.30

434

+$1

HK Ladies

714

T

241

12

7412

+$%

$2.40

3.2

HK Realty

2015

Lo

HK Trans

3844

2814

2.2

2.225

2.175

2.175

2.125

18.75€

+1

39

4014

+$1

$2.05

5.1

Star Ferry Yaumatis

Pzón

218b

220

2186

2306

+ $12

$10.30

4.8

116

121

119

117

127

+$10

$9.50

7.5

381

41

401

3914

$14

+

$1.10

2.7

36

405

40

383

391

-75c

HK Telephone

43%

45

45

432.

44

$1.70

4.3

+76c

$1.75

8.9

G I Cement

621

64

674y

66'

69

4-$214

$4

5.8

Dairy Farm

3534

37

37

2694

364

steady

KR

$2

5.4

A. S. Watson

49

54

66

57

+$1

32.50

Lane, Crawford

38

394

3814b

38h

4.4

4.4

!!

+59c

$3

Int'l Investment

12

13.20

12.80b

121b

13

81

9.25

9.90

9.30

9.306

20.40n

21

21.30

20.90%

9.30 21.88

$1.23

13.4

$1

4.6

$4

6.20

6.10b

5.956

12.10b

12.40

12.10b

12.409

5.85 13.48n

500

8.4

steady

$1.10

9.1

72%

77

2414

24.60

77 24.60

74

24

76 24.40

+-52

$2.50

37

+400

80c

3.3

Lower grade demand was fair, were also taken in this trade at $15. The motor vessel Salvade with u

unactions concluded at

received $15 for the movement nanower disro malu,

of rico from the Gulf Indonesia in December position. Russian chatterers fixed grain to the UK at 50. and to the Continent at 45/- for December Touding positions.

in the east was quieter, Australian charterers their having fulfilled most of present

Maize requirements. business was arranged from

i prades

In New York. Hex rubiser 10- day closed 15 points higher with sales of 11 contracts

Feature

1-

Standard rubber closed

to five points higher changed with sales of 11 contracts 1 Switching of standard March and Rex January contracts at 15 prints difference provided the tracing feature in an otherwise Hull terminal market.

to

East London

Manchester alourd the motor vessel Med- moor at $6/3

to the time charter section, a West African round voyage was arranged at the unchanged rate of 2176.

Fixtures

The outside inwurkets were

Gulf to Tunis, Hellenic Beach, Shepenent correspondingly dull. offerings were reported scarce, 8,000 ton, 10 per cent, part cargo, and factory interest in the de-wheat in bulk. December 15:30. Virna, Ivered market limited to cur- $7.70, with 350 discharge free.

but East London prices,

to Manchester with little actual buying inter- cat.

Metal market

10 showed

Rion, Nav 30

iosity

concerning

Spot No. 1 rss locally was quoted 27% cents.

In London, the rubber market, was steady.

In Amsterdam, the market

much more i was very quted fodøy. ---UPL

vicacher tone this afternoon,

Spot Tumped six points le £9551% and three-months rese thr pools to £95%

Tumi mA

L{‛

W

130

AGREED RATES

Swiss Francs maximum sell- ing, 75-5/16 M steady Belgian Franes

Telling. 866 also 1

* *

$19

11

West Getbian Delschemarks maximam selling, 6994

FROM HARVEY'S,

A SHERRY THAT FLATTERS

YOUR TASTE FOR DRY,

The current trend among current people is in the dry direction. At aperitif time, or during the anticipatory hour before dinner. the accepted thing, these days, is to be thoroughly dry-minded. Ours not to reason why: ours only to supply the dry. And we do- Harveys Bristol Dry. This is a superb sherry, clean tasting and light, with the authentic dryness that comes with maturity and expert blending. A sherry with a distingu sled past, aud, we think, a brilliant future.

Jasny :

ARVED

Jedmour (motor), 9,200 tons, 5 per cent, maize in bulk, January 18-31. 66/3. option Durban loading 2/6 less with 1,000 dis- charge at current rate.

Black sea to Liverpool, vessel, 9.500 tons. 5 per cent heavy grain, December 50/8, with 1.200 load fob/cop discharge at current rate

'Woolwich

(motor), 9.978

tons dw, 492,000 bale, 13%1⁄2 knots

Ch Light

Electrics

Allled

HK & FE Inv

Textile Corp

Nanyang

Kowloon Motor Bus

Jardines

• When shares were five times their present value.

Lower despite

late spurt

Stocks declined in the popular market indicators yesterday, despite slight rallying tendencies near the close.

on 13 tons intermediate fuel oil NEW YORK

plus 1 ton diesel one West Atripa Found voyage Delivery London, December 8, 21/6 ...-. . UPI

By Apprentioral Tuiter Majesty Queen Elizabeth it. Wine Merchants

Juha Hurvey & Sons Ltd

Bristat

HARVEYS

BRISTOL DRY

Sõle Agents." JARDINE, MATHESON & CO., LTD.

Trading was still fairly heavy. withough it can behind the pre- vious day's pace until the minutes when there was a spurt of activity.

Cidden C

Gandslet

Goodyear

Great Ry

46

مراة

+50€ steady +90

SMALL

GAINS

AND LOSSES

The stockmarket was unsettled yesterday by a gloomy view of economic prospects from the National Institute.

LONDON

Prices, however, moved with-

in narrow limils with falls and

gatos measured in pennies,

Gen Pubs Ut 347,

Pande

Gen T

251

Phil M

17

Gen Tyre

94

Piary

Cerly Di

16

Pliner B

6375

Pillsburgh

641,

734

Procter Cam

nai

44 4314 Grumun Aur 344 Oulf Ol Hammer Org 30% Hein Hey New Hinon

Publicker

Pulilan

3742

Pure Ou

339%

412

5221

Bado PI 100%

214

Raytheo

361

13.

Repub Steel 59%

32

Revlon

574

ally

Hornestake 311,

Rexall

Husstan

19

32%

Reynolds

hinho Power 38

Metals

on small gains—UPI.

30

Ingersoll

831.

Tobacco

041%

40

37

flhecin

13

Ryl Dutch

335%

580

"540

Safeway

0112

St Regis

37 PGOVT KECS

Pivotal features included: Du Pont, down 6, and Union Carbide down around 2 in the chend- cuis. Ford up 3% in the motors on a lete rally; and American Telephone and American Tobar- (0 off a point or more.

Other motors along with the leading steels closed narrowly.

Oils Anished mixed after using the bulk of their carlier Xains

Johnson

over two Carter strengthened each in the drugs where Nos

The with slipped about 241⁄2. savings and boar group included drop of Ave or so in financial federation but a sizable gain in United Financial of California, Today's volume was 4,210,000 shares.

and Johnson and

Of a total 1.318 issues traded 425 were higher and 648 lower

American exchange volume was 2,080,000 shares.

Bonds $6,260,000.

volume

Inland Si Inter hem IBM

In Barv int Nick

inil Pup

7822

Schenley

3844 Scott Paper

in T & T 58 Jones Laugn 10 Kaiser Alug 30 Kans & 30 Kennerelt ვე.. Kern Land 80 Kunberly-C 62 KVP Paper 367% Ligget Link Belt

Seats Hoe Shell

Sheraton Siegler C Slaciati South

K&F Sorony 107% Soul" PR 404 Souti Co

Dercu

Dunlop

Fison& Gthman

Lyons A

73/42

M Sun A 104/0 Tals Lyle 48/9 Uld Drup 47,9 Woolworth 52/10%

0/- Bri Cuyum-

Ship

Im Ooty 26/6

Channel

Turn New 58/7 CPR Untilever

3/1 CHEMICALS Boots

Imperical Chemical, Beecham and Unilever dropped fraction- while British American and Imperial Tobaccos tacked CINEMAS TV

Closing prices

QIL

Brit Pel

2842801 38-11/30 Burmah 130"

8434 34% Con 81-9/16

53/05 HO-11/10

50/70

412 9 Sev

1936

25%

38

85/75

s Vic

701634%

274L

58

Ly Fullp

4471

South NC

47%

Litton Ind

152

South Pact

4434

Seth Ral

23

Sperre Rand 229

67

Square D

13

34

Lockheed Lone Star

Lorblard Lowenstein Mallory

W 00 Mays McDermott 41 MeDunn Air 357, McGraw HN DE

Merck MGM

Stand Brids 782 Standard cut

INI

5926

Shell Trs

Ryl Dutch Ultramar

25-11/16 STEELS

Monsanto

13/6

INDUSTRIALS

Ass Chen 55/105)

Sardana

2

Borax

14/10

at

28/4

MIN LANKOUS

314 D'maker

28/4

43%

30

City Lon

BU

27/3 Cunard 9 14/7!%

69/- Forestal

9/1

15/0 Furnes

W 31/3

НК Сле

23/

Auboc Pix 29,

u

42%

Stoll

7/1

Indo-China

10/0

PAPER

Land Sec

33/3

Bowinter

44

F & O

29/3

De La Hue

63/B

Spicers

37/8

MINES

Wieting

47/8 Angin US

TABACCOS

Corp

14370

12 Carreras

B/ Brit Tin

62/8 Bril 5th At 01/6

17/0

Impa

B&/8

Cons, Zine

4873

MOTORS

De Beers 144/435

BMC

16 Jan Tun

15/7'

219

Hawk Sidd

21/0 M4 13

BAY-

Jaguar

123/9

Petaling

8/0

7 ENGINEERING

61-11/18

O'SEAS BONDA $15% Australiu

1977/80 ยา

B Duwer

Jap. Ass 102 BANKS & INSURANCE

Barcl

80/3

32/0

Chart Bk Guardian 52/100. 13HK Bank 48% Landel

Lloyd

Lombard

Bab Wi

Colvilles

D Long

G Keen

H Wott

Slew Llyeis Sum

Tube

Utd 810

Vickers

ELECTRIC

ARS Elet 17 Ass Tel 81/3 Bett ER

07/0

PMI

12/7) Eng Bec

Nut & Grind 32/9 O

28 Philips

271 RecAL-

43/71 Пут ілк

(Calif

Ster Drug

12'>

Stokuley

39

Stone Webs

60

30

Minn Mio

13

Studebaker 112

Prud "A

Sunknive

Navy

Ry Can

Mission Co

41%

Swift Co.

41.

Mission Dev

233

Teun. Cas

25'

amounted to

Mesabi

14

Texaco

541

Monsanto

531

Texas Instr 100

! Montecatin

Textron

stock Munt Ward

31

Thlukel

374.

Motorola

79% Tidewater

1414

Nel Bis

91

20th Fox

33

No

Cash

1389

Un Carb

127 12

Nat Dairy

Union Of

0212

Nai Dis

Un Pactfle

357.

Utd Air

43.

Vid Frui

24

Uld CA,

41

Dow Jones closing

averages.

30 Industrials. 721.00 off 558

20 Raus, 145,80 of 1.03.

15 Uulties, 134.19 cft 0.62.

63 Stocks, 247.17 of 1.69,

Closing prices

ACF lods $62 c'enco agir 87.

ابه

Alum Co Am 56) Colum Carb 08

Ain Fore

22

Not Lead / 99%

91 Nat Steel

NY Central 179% Norfold Wes 102' N Am AV 56 Northwest 30'

11 Chooses

U.S. Rubb

Pacific Gas 100% Wolworth

Parke D

Penalt Penny J.C Pepsi-Cola PAzer, Chas

254

641/2

34% Western Air 247 Westghs E

45

52% Winn-Dix 5614 Wadworth

49 Zenith R

310

Prices

BAT

A Royce 737 TEXTO.ES

Bradford

Calico

36/105 Band Sel 44/45

#hod Anglo-

US 13/4 12/4

02/3 Courts 43P) 42/1

Courtaulds 28/

19, Fine S Lanes Cott 47/74 BREWERIES Distin

Günness

Ind Coope

Watrey

STORES

Guggies

14/8

57/0

Rio Tinto

40/714

Buan Ant

377%

Union C Welkom

West Rand 49/415 West Hold 127/0 29/- S Mal

RUBBER &

TRAS

104/6 Ang Indo 4/1

Ceylon Tea 15/- 58/- L Tea

17/3

Quales A 51/1 KL Kepong 2/75

Proser

! Hintse

ease,

a strong

40/-

Lambak 45/76

-Reu

but

week

The market eased a little in all sections this morn-

ing after yesterday's big upward movement.

The morning's

turnover

ari

of change this week indicates

easier money situation in Hong- kong resulting from better credit in funds facilities and a rise from abroad.

$2,210,000 was almost a quarter of the near record figure re-

same time yes gistered at the Bterday.

UPI

US, Smelt

Air Red

Aldens Inc

BG1⁄4

€3 Cheapeake O 35%

Chrysler

Okla Gas Ölin Math

40 451

45%

U.S. Steel

FF

145

All Chem

Olis El

79

Ch Financ

剑

Uni Match

All Mills

13

Chels Pea

Owen Til

9314

E0%

Oxford Paper 39

All Chal

30

Coca Cola

1039

john Walker, H

541⁄2

E7

Alun Lid

Colgate

BF1

Am Atr

20% Calum Plx

Pac & Trans Fonam

397

Warner Bros ni 21 Warner-L

ป

Am Broke

453,

Paramount

58

Com Engin

28

West Un

387

Ain Cyan

An El Pow

70%

Comm Credit

39

Comum Edlaon 482

Am Mach

Cons Edison BGT

JU

3647

Am Metal

Cont Can

37

76

Am N Gus

504 Com O

Am Photo

30

Carts Glass 18694

Am Smelt

84%

Crane C 820/

Am Sugar

30%

Crowe Żeli

Am T&T 1317

Dayco Corp 15

Amer Tub

110

Getre Co

$16

Ampex

20%

EU Huds

18

Anaconda

4933

Dan. Alk

Q5

7500

Diam Corp

4915

Exchange rates

*

Distilace

7424

20%!

55 DuPont

2373

62 Duquesne

82

Business was done in the local unofficial exchange market this morning at the following rates:-

36% East Air

24.

JE Kodak

107

5.472

40% El Paso

20-4

Arinco

Armour

Armoco Armour

Daid ima

Bath Iron Berdix Ben Fin Benguet Beth St Blaw Knox

Boeing Borden

Borman

722 Douglas Air 3036

4874 Dow Chem

14% Dresser

32is Emerson El 84

40% Fairchild

74% Fan Fla

24% Ferro Cory

Filtro!

Burroughs

3D Fibreboard

Calf Pack

33

Cam Soup

127

54

Can Brew

CPR

Carrier Case Co. Caterpillar Celanese

kal ha d

Us. Collars per 51)... Sterling notes per 21, Australian notes (per £1

68 Japanese yen (pei 100) 2945: Carbpola fiel per 100,

24% Gen Dynam 26

But declines

were fractional

and the market was still an im

provement over

week

that of last

Docks moved slightly down at $139. Yaumali closed tat $126 compared with yesterday's | 127.

Electrics stayed firm at 3394. but Lights at $41 lost 25 cents ut this morning's close.

Firm

15.80 Other stocks to stay firm were 17.05 Bank at $358 and Realties at

8.80 $2.15

1.50

HONGKONE

This morning's quotations and prices were! --~~~-

Bank

1958 $358 200 364

Bl. E.

Asia Lombard bil A. Inv. 0.19 9.3.1

1900925 HK. & FE.

Inv

$21.00

Telephont

Kid Fes

1000 43

1000 6 4336

2000 43 New BB ( 41%

108 41%

10 41%

100 / 20.00

64.125 64.35

Gas

620:09 30.90

6 ve 21.70 500 21

Ga

Jardines

Wharf 6340 Wheelcok

D12.40 alz 2000 la 12%

301

French new franc per 1) Briza cruzeiro (per 100) Argentine peso (per 100)

1.13

169

3.10

Firestarte

48

Korean hwan (per 1000)

4.00

Ford

115

talten ihre (per 1000>

8.00

The China Mall Hist of shares shows extensive gaine thly week, led by Docks and Yaumatis.

Chinese JMP (per 1)

0.44

39%

Gen Elec

70%

Gen Foods

9076

37% Gen instr 354% Gen Motora

Taiwan yach (per 100) Thai balit (per 100) 19% Burnelle kyat (per 10) M4% Pakistan tupée (per 10

1.30

26.75

The market was very strong yesterday, the last day

of the

pock

4.50

month, bringing the approxi-

800 139

720

Micou pataca (për 1) Norwegian krone (per 10)

Q.890

ጋቢና

Philippine peso (për 1)

1.25

months.

Singapore, Stralta

AMERICAN

STOCKS & COMNONITIES

TECHNICAL

ANALYSIS

On Stock Trends

MÁNA STRAksafe,

PERENNIALS TRADING CORP.

Swiss franc (per per 11 Netherlands guilder (per 1) West German D-Mark (per ti Cuba peso (per i

mate turnover for the day to $11,320,800, the best

1.00 Some shares were 1.31

derband. 1.53

Take-over approved

⚫About

113,250

changed hands $2.135, and. $2.15.

in many

5138 139

100 139 Tako VS #795 Provident

in heavy ЯK

Realties Land

at between

↑ The number of Wheelock

shares traded was about 77,925

at, between $12.40 and $12.60.

A

Á total of 8,760 Land shares

Logal

2000 # 4.15 14000 * 45.25

Cement

220.60 120.70 Dátry

500 20.70

1000

1000 74

642

2700 € 74

PP 62034 196

were transacted at between $74 Tram and $76.

Philadelphia, Nov. 30. Philco Corporation stock- * About 20,834 Lights were holders have overwhelmingly transacted at between $41-4-and- approved the sale of the com-642%.

63837

Realty bilö.3.15.

1000 2.10 New Bibi 13.00

4440

5700 ** 40

"Canning MD;

800 40

BUS

7015 20

000

5 10

100 or 75%

480

100.

fntr

vest

pany's assets to Ford Motor The approximate turnover Company

for the week under review

(Friday to yesterday) amounted mat

Phileo common holders will receive

one share of Forst to $38,150.000, common for each

41⁄2 Philco trend of business

A stockbroker. suit that the shures held.

-Pallo sald present plans are to hold the elosing on Decom ber 11.

Ford will-operato-Philco-pa-a- newwholly-owned auch sey called Philco : Compornläkar, of FRENCHONEST","DIKLA "SPUMORAL

UNIT

on the Ex-Light

TRUSTS

First Hongkong Find: 81.15, (buyeż) 016 (eller) menta

· Suðuna « Konekana Tund alyg:31 menit, puuruE ESTA GULTA (sellor).