1961-12-29 — Page 2

TRUOS SIMONYUG"

Page

THE CHINA MAIL, FRIDAY, DECEMBER 29, 1961.

ŒPHILIPS TZ PHILIPS (

PHILIPS

T.L.

Bight as day!

GILMANS

PHILIPS, LIGHTING DEPT.

No

move against THE BALTIC U.K. firm EXCHANGE

giant

London, Dec. 28.

The giant Imperial Tobacco Company will not be asked by the Government to dispose of its 421⁄2 per cent shareholding in Gallaher, a rival company, the Board of Trade announced here today.

London, Dec. 28.

Before the Christmas recess freight markets were

for this quict

time' of year. Now that the hol- day is over business has almost come to a stand- still.

HK Lands

MAR

→005

* The share market at a glance ★

Nov. 30

Deo. 7

Deo, 14

Dec. 21

Dec. 28

Up or Down

Djvidand

Approx.

& Ponts

Yield (%)

HK Bank Lombard

358

356

356

362

362

Bicady

3.3

42n

424

40b

40b

4046

+750

$2.25

5.6

Wheelock

32%

12.30

12.10

12.20

12.30

+ -10c

75¢

6.2

HK Whar

$48

34Bo

3826

378s

370

$12

3.24

HK Docks

740

-148

147

∙145

142

+2

$4

Taikoo Docks

74

1214

7234

74%

74

500

Provident

29.70

28.80

28.40

28.80

29.70

HK Hotels

$3.20 $1,30

434

423%

344

4314

442%

74%

73

733%

74

751

HK Realty HK TRADIS

2.126

2.125

2.05

2.10

2.15

$2.40

6,78

3.17

404

401%

4014

13.75c

6.5

41%

4134

+60c

$2.05

An

Star Ferry

2906

2348

2464

238

4.9

244

Youumatio

$6

$10.50

127

129

126

126

127

41%

402

404

40

3934

+$1

$9.50

Elcetrics

391%

RD

39

*301%

384

+500

$110

at

UK Telephone

44

424

42

42%

$1,70

4:27

43

+-25c

$1.75

G. I. Coment

69

AЯ

6714

G81

691%

+$1

4.1 5.75

Daley Farm

36%

67

3614 5814

35 5714

36

+50c

+$2

$2 $2,50

3.5

4.17

3816

36

37

37369

19

12.40

12.40

12.30

12.30b

9.30

8.10b

9.206

9.10%

8.106

+25c steady stendy

8.1

21 $1.25

$

13.7

21.80

21.40

21.40%!

21.10

21.80

+10c

$1

4.6

5.85 12.400

5.85%

5.60s

5.45

6.70

+25c

500

9.77

12

101⁄2xd

10.40xd

10.50

$1.10

16

75

74

7414

74%

steady

52.80

24.40

24.20xd

2344xd

328

23.20

-23.30

+100

80c

3.4

Towards the UK. the Megar was fixed with 12/13,000 tons of This step was recommended in their undertaking, hot to inter-

grote from the northern range. July by the Monopolies Cun-term in the management on

At first sight the rate of 35/9 mission investigating the tobacco Gallaher ac binding on them

might Industry,

for the future.

appear to represent ease from the previous rate of "On all the evidence the pre- 407- of Trade statement sident is satisfied that the pub-had more favourable terms, Le. However, today's fixture A Board touight said Imperial had given interest will be adequatly fot

load/1,000 discharge on assurance to the President of safeguarded by this undertak-current rate. the Board of Trade, Mr Frede-ing." the statement said.-Reu-

FIXTURES: northern range rick Erroll, that they regarded ter.

Avonmouth Megara, (motor). 12,000/13,000 tons min-max, heavy grain, January 15/25, 35/9 fob load: 1.000 dis- charge at current

rale. River Plate to Callao, Albamar. 9,890 tons, 5 per cent, bulk. January 25- February 10, $8. Two ports load 25 cents extra, with berth terms Joad/1,000 discharge free.

Yesterday's Closing

COMMODITY PRICES.

FOREIGN EXCHANGE

NEW YORK

Ching rates.

28.80

ch

857M England Meta: Belum U2013 Denmark

455. France 2041. W Germany

2302 Holand 2780 Norway 146. Swedr 1832. Switzerland 2318

LONDON

Closing rates

New York 2.0-2.80. Montres. 292-13/16-292-15/16, Amsterdam

10.30%-10.11: Brussels 139.75-130.80 Copenhagen 18.3144-10.31Rs. Frank- furt 32-11.29: lsbon 80.20-80.30

Oslu 20.00-20.G, Paris 13.754-13.76. Stockholm 14.542-1-5424 Milan 17420-1743;

72.49-72.52, Zurich 12.113-12.12

--UPI

Virana

RUBBER

NEW YORK

Rubber futures closing prices.

all rents per ib

Rex Jun. 18.00.

Standard Jan 28 D

Mar

May 28 25 July 28 35 Sepil 20.30.

Nov 28 30 Jan 28.35

LONDON

Closing prices all in perwe per

No. 1 Rss spul 239.-24. Settlement

b

General markets. c.11. basts, ports. Jan. 20-23-11/10: Feb 23%-23-13/16

Estate crept thin Jan. 28. thick Jan 201

AMSTERDAM

Closing prices all in guiiders per kilogram, cif Jan

No. Tubber 2.17 buyers; No 2 rubber 215 buyers. No. 3 rubber

buyers. No crepe 3.43 buyers

--UPI

b.

METALS

NEW YORK

Closing prices all fu cents per

Lead Jan P.21, Mar 9 32 Zane Jaar 10,90 Mar 11.00 Copper Jan 29.04, Mar 30 12

LONDON

Closing piles, all in sterling

4 fong ton

'I'm spot

36 95415E.

Capper sp01

229 230S

Lead Spot

6034 Zinc Spot 724 125

$415

south

238-b 229. 3-nonth

593; L 59s 3-month

7120

71%5, 3-Tuccilla

- UPI

COTTON

NEW YORK Closing prices all in cents per b:

Spor

35.95; Mar: 34.15;

May: July: 34.68: Oct: 38.55: Dec: 23.00 Mar: 33.00; May: 34.00.

-UPL

house teru: Jan. Mar 24-24 237-24

Jun./Mar14.08 24-24 A June 24-24: July/ Sept 24-249: Ort/Dec 246-24

It's good to drink scotch

The Old Blend 6053332 Scotch Whisky

là bài tại Moran tin th

theana

CELLAR

HOME

Ouginal Herpe

316

The

A POUR

LONDY dyno, un pam ha

saber place on they hand bette

MENCITE (SIPSE PELLAR MANINBURGH As which paure they marke

STAGE COACH in Mos

wh the whom JORDA

ayuda pemand vir tað

mat pels get pay

WHITE HORSE DISTILLERS 179.-

akkan Desaing juara në latry and taglines Partner - PULLED AND BOTTLED IN ECOYLANN

wheat

or

Gulf to Antwerp, Rotterdam Amsterdam, Elat (motor). 21,000 tons. 5 per cent, heavy grain January

$4, with 3,000 discharge frer.

TIME CHARTER: North Mar- chiosess (motor) 12,296

'dw, 601,000 bole, 13 knots un

16 tons Intermediate fuel oil. two four months trading, deli- very Gulf January, re-delivery U.S.

Alliantic Coast-Gulf ( East Coast-Canada. $2.85-UP.

Fare rises for U.S. domestic airlines

Washington, Dec. 28. The Civil Aeronautics Board today granted the domes- tic airlines permission to increase fores three per cent for o trial six month period.

The CAB said would put the fare incSCS into effect 30 days after the carriers apply for them. t estimated that the three per cent rise would in-

i crcase the domestic carriers revenues approximately $54 million a year.

The CAB, however,

ta

did not

Ch Light

A. 8. Whisen Lane, Crawford

Int'l Investment Allied

HK & FE Inv

Textile Corp

Nanyang

Kowloon Motor Bus Jardines

* When shares were five times their present value.

Small

gains with TAX TRANSACTIONS

firm undertone

The market made fractional gains this morning,

the last trading day of the year, and showed

a firm undertone.

The

China Proy was morning turnover

b29,60 629.00 $2,190,000 bringing the aboul

2000 or 20.10 tola! turnover for the short 3-

Hotel 144 94431⁄2

500 4414 Lund 1751 STO E

40 76

day week to about $13,770,000 compared with about $19,000,000 for the previous five-day week, Docks gained $1 at $148, while half-dollar gains WCTC Trams at $424. scored by Talkoos at $74% and

1300 75

3693 75%

028

PULL PRICES DOWN

The year-end rally faltered yesterday as a re- newal of year-end tax transactions affected the trend and left the market mixed, with more stocks showing losses than gains,

VYORK

year

New highs for the totalled 16 and new lows 12. The Associated Press average of 60 stocks rose 70 to 262.90 with industrials up 80, rails up Gains and losses of fractions, 80 and utilities

up 30. The to about a dollar were the Standard and

Poor Index general rule for most key closed at 71.69, up .04. stocks.

Unfavourable

reports!

20 caused Douglas Aircraft to lose!

A. Trust be

10006

500 20.60

300 20,70

Gim

500 + 20.60 3.90 63.06

Cem

Lights added 25 cents at $40, but Electrics lost 25 cents $39

Et

F. & P.

2034 20.80 Realty (Old)

b2.125 82.15 10000 2.15 20000 2.126 (New)

$900 @ 3.20 b23.30 23.40 1500 23.40 69% $70 23606 20 200 of 75% Dairy 634 537

200 36% Watson bie Text 66.65

b1.075 62.025

2000 2

N'yang 10%

1000 10.00 A. Kub $5 $5.05

0000 0.05

b42 842

1000 42

1600 42

100 4214

Buy

b75 875%

40F 78

C. Ht ba75

437 38

100 e 75

130

400 € 242

bag 540

400 & 244

700 @ 40

HK Elec

1700 A 3931 500394 500 or 3915

4000 @ 6

J. Consol

b40c

5004114

As the China Mail list above shows, the post-holiday per., Tram formance brought small but general improvement in stock prices.

Pattern broken rule on applications for specific The pattern of quiet, cautious Yont rises

Individual

airlines, trading during the two weeks Light which

Christmas generally called

was broken for before

somewhat when higher increases than three per

activity rent.-UPI.

heightened during the past three days. However, there was Do spectacular movement.

100 ( 75

b120

20039 1000@40

this❘ Phones 43 8434

Banks went up to $368 week (on Wednesday) before closing at $362.

450 41

Lights and Electrics closed al identical figures yesterday- GBS 120.00 30.70

$3934

This was the first time

171 many weeks that Lights prices went down to the level of Electrics. However, Lights moved up again this morning.

HONGKONG

This morning's quotations Bud prices were:

Bunk b3BZ 304 W'locks

420) 352

Lon. Reg.

6290

40 294

E. Asla 6234 Lombard 649% A. iny. FE. Inv.

Wharf

$9.30

621.00 522.20

200 17 20,70

500 i 20.60

w'hosts

Ford

Volume Was 4.53 million

$34% and Republic Aviation to shares compared with 4.37 mfl- decline 91%.

lion on Wednesday and was the largest since December 12 when encountered

profit- 4.68 million shares changed taking and slipped by $. Du hands.-AP. Pont and General Electric held of $1%. Trading Was

gains b30 631

Amoy b45

S Ferry 12M 6246

heavy.

L Craw b38 63812 the

700 & 20

Lacked drive

The market morning

Metal b3.025 63.475 through

from

,"

Closing prices

All Chem

All Chal

Atum Ltd Alum Cn was higher in Ainerado.

Am Air as it followed Am Can

Wednesday's Am Cyan

14800 @ 3.05 vigorous advance but it lacked Am Motors 1000 € 3.075 the drive to move up further. Am Emeit Early leadership by a selection Am Sugar

1644% Minn-Min

19

07 Monsanto 0312 28 Mont Ward 3415 843% 2žouté

120 Motorm 10

275 Motorole 8015 4814 Nat Bio

165 13216

16 N Dally 714

21NAL DIL

9822

34a Nat Gypsum

130 Nate Lead

Am Tob 100% NYCentral 173

1042142 of Blue chips faded and the ATT Hump h20.20 $26.40 final pattern was patchy. Air- Anaconda

lines responded to news of a Armeo St Int'l b12.30 Macao b13.80 Vibro b10.20

Hongkow

bit

$2,70

48 Northwest

724 Ollo O

41 fare rise.

Armour 52 Oil Math 3912 Assoc Goods 1061⁄2 Pacific Gas 1024 Atlantic Ret 5%. Pan Am Of 1,322 issues

traded. 527 Bald-Lima 14 Purkmount advanced and 576 declined. Bendix FLA Penn RR

Small gains on selective buying

130 $12.8 Selective buying spurred by Wall Street's fresh

6500 @ 12,30

750 0 1220

Dock

147 #149 1600 SA 148

100 148

Taikop B74 874%

20074 2004 7435

Exchange rates

advance produced small gains for stocks terday.

TONDON

Court.

Indo-Chine

39/7 Lun Sea

Fine Spin 21/4 7 & O

Catton textiles had a part-Watney

Gussies

Beth Sli

Boeing

Borden

56

42% Pepsi Cola

6534

51

Pfizer, Chas 50

71. Phelps Dodge #1

Borg Warner 48

Philip M 20032

Burroughs 42% Phillips Pet D

CPR

Case, Co

Celanese

Cerro Comp Chrysler

24 Pure Oil 53%

1 Quaker Oats BB

354 Radio C

63

31

2015 Repub

Raythe

3814

50%

Cit Ser

6515 Reynolds Met 9

Coca Cola

103 Tob

101

Colgate

52

Ry! Dutel

251

Com Edison 43 St Bags

57%

384

Cons Edison 824 Seuls Roc Cont Oil 642 Shell of Corn Prod 5090. Shell Trans 17

Crown: 873 Sinclair Oil 37%

Crown Zelle 5874 Socopy

G2

yes- Curt Wright 1755-8 Am Gold 3's

451 South Calli

Distillers Douglas Air 399

Dow Chem

16/3 Dupont 24

East Air

33/

20/6 Kodak

27

12012

Food Mach BS4 130/- Ford

5/6Then Dynam 27 17/9 Gen Elec 49/3 Gen Mills

worn look after fresh falls for STORES the leaders in the industry, but uses / Bad 1 41/10

13/712 Bhed Anglo

Edison Southern Co 54 Sperry Rand 234

Standard

Braids

17!

Standard 011 Ind."

Caßr 547

Ohio Ster Drug Studebaker Texaco

9/6 Getty Ou 13 Thomp

Goodrich

65/9 Goodyear

42/6 Grace. Co 4/10 Gulf Of 58/12 Ingersoll

13/3TBM.

BB

109

Aulis

Lanes BREWERIES

Distill

Cott 4/0 MINES

Anglo UB 31/7 Brit St At Guinness 50/6 Brit Tin Ind Coope 1/3 Cons Zinc

100/ De Beers 146710 Lan tin 57/- "Mt Isa

10

55/6

Gen Motors Bick Gen Phone: 283 Georgia Pad 68

Jocal Business was done in the unofficiat exchange

market this morning of the following rutes:- U.S. dollars (per $1)

Sterling notes (per 1)

Australian notes (per E1)

Japanese yen (per 100) Cambodia riet (per 100)

5,682 15.80 32.50 1.51

8,50

Palong a broad front an rumours. Bri Comm-

gháp that another bank rate cut may CFR

engineering, electrical, shipping House Fraser 40/- Rand and sleel stocks moved higher, A

Spen A 141/US added Tate Lyle Top tobacco counters

48/ Rio Tinto": 49/9 Roan Ant fractions and insurance stocks Vid Drop

Woolworth 52/712 Union C met good demand,

MIS LANEOUS Welcom Glit-edtred adkled tractions B'maker 12/6 West Rand 49/4

lette

5415

71% Tidewater2924

44

20th Fox

64

WA

11

4134 UN Carb

1811

851

Union Olf

STAP

584 Un Pacific

arv

West Hold

30/6 -8 Mal

123/9 307-

51 Utd Aircraft 4213

Inti Nickel

4414 RUBBER & 29/6 TEAS

Intl

French new branc (per 1)

1.13

City Lon

Brazilian cruzeiro (per 100) Argentine peso (per 100) Korean hwan (per 100)

1.20

5.30

bonds market. !

4.40

Italian lira (per 1000)

9,00

Chinese JMP (per

0.36

Trdwan yuen (per fosi

199

Thai baht (per 100)

20.50

Burmese kyat (per 10) Pakistan rupee (per fo) Macau Pataca (per 1) Norwegian krone (per 10 Philippine peso (per 1) Singapore Straits (per 1) Swiss franc (per 1) Netherlands /gulder

5.85

MGM

7.70

126

1.51

1.91

GOVT BECA

STEELS

(per

West German D-Mark per 1) 140

1.54

Cuba, pero per 1).....

AMERICAN

STOCKS & COMMUNITIES

not be too far distant, Greeks Channel moved lower in a quiet forel Cunard S

While little business showed

for gold mines they field steady, while coppers and tins were neglected.

Both rubbers and Leas were 0970 uncertain.-UPI.

Closing prices

255 Consol 37.ENGINEERING 30. Cón "8218 Bab Wil2079

3% Boyaman Colvilles

DOLL D LOTE

60/2014 207-

55/05

60/75

75-9/16. & Ksen

65/-

331

O'NEAS BONDS

Stew

Lloyds Summers

37/01

4%

31 War

55% Australia

Forestal

6514 Utd Atrifries 401

58.9.Indus"

US. Rubb

28/2 Anglo Indo 3/10 Jones Laugh 742 US. Lines 19/9 Ceylon Tea 14/8. Kater

84 3/9 Imp Ten 16/8 Kennecott

Lab Owens Furness W 29/415 Ku Kepong 2/9/

237 Lambak 44/4ggett Hudson B 4-8/16

НК Са

-Reuter.

Rubber market

New York, Dec. 28.

715 H Woll 14 Rex rubber futures today closed 12 points with sales of eight contracts. - Terminal trading was mostly evening-up between Commis- Hause brakers, dealers and local traders before the long Year's holiday. 102 werkend New

The market will lose at noon,

$%, Dawet 16 AVR

Drin

sigh

tomorrow and remain closed

U.S. Smet 57% US Steel 100 Warner

Bros Loocheed 4036 Lone Star 231 West Lorillard Martin Co

Minnea

H:

Federal stocks

Washington, Dec 28.

A Congressional committee tapor Lowesterday that the US cosermanent had. $14,800 ml starth of goods in eral stockpilea. Bat the end of de

The goud Included : 65,000

ubill Tuesday morning millich worth of surplus farm

In the outside market; factory

interest in the delivered market commodities 10000 million in critical materiali The da-

comply small. Shipment tional strate

were reported light The

was released by. îmittee on Reduce ption Cof Non-Eagential Tederal

With buyers uninterested in the the Joint Zew reported availa

Locally, spot No. 1 Was

Expendituros, 11" embraced 'n' quoted 20 cents a pound, qurves of nine major federal

stockpilesUPL

Laadon, the

steady qulet with

of 234, No., 1 Rs. Ta Amelordam, was very quiet to

the mark

UNIT TRUSTS

It's better to drink White Horse

Sole Agents: JARDINE MATHESON & CO., LTD.

TECHNICAL

ANALYSIS On Stock Trends

運熱