THE CHINA
FRIDAY, JULY 22, 1980.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
UK industrials
MARKET AGAIN IRREGULAR advance on
Price changes sensitive to headlines
The local stock market closed uncertain Yesterday after a week of irrégular
movement.
Price movements appeared to be sensitive to the headlines. :
There were occasional signs of. firming up but were short lived when sellers appeared.
In stores Dairies and Watsons were slightly lower while Lane, Crawfords failed attract
buyers at $43.
Despite last week's announce-
Most sections declined trae- ment of bonus issues both Tex- tionally with Tulkoo and tiles and Nanyangs lost ground
Yaumatis the only stocks show--the firmer losing 20. cents on ing some strength,
the week and the Jarler dropped 90 cents.
Basks slipped $20 from last week's close of $1,230.
There appears to be no fiduse- ment in the market and political news has been the main deter-
Both Lombards and Unions were negiccled. The former ape pearing at 94 sellers without at-ment. tracting any buyers;,
Wheelocks were slightly down at $7.35 whte Wharves con- tinued its downward trend clus- ing at $240 sellers.
Tafkoos also lost another $3 business being done at $107. China Providents. lust 60 cents on the week,
Lands steady
Both Hotels and Lands re- mained, steady while Realtics dropped a fraction.
Friday:
Market diary
ChinaMonday:
In utilities Trams, Lights, Electrics were fractional- Yaumatis gained $2
ly lower.
while Star Ferries closed at $171
sellers. Telephones
steady at $38.
remained
NY cotton market
New York. July 21.
Cotton futures in New York
idied. through dull ала
session Harrow
Tuesday:
market
Was
The steady during the day with trading on 4 restricted scale. Cotton shares failed to continue their
upward
HK Bark Lembara Udink... Wheelock HK Whart HK Dok Taikoo Dock Provident HK Hotels
15 Last
1215
a glance ★
at a
Up or
Down
$20
Dividend
& Boats
* The
share market
Jone 23
June: 30
*July *
1200
1234
July 14 1230
July 21 -1210
40m
40n
0414
941
1.08
12,28
21.30
1.35
250%
2401
· 111
116
113b
1.10
107
861
5814
5k
5436
21.40
21:40
21.20
20.80
20.20
41%
42
42
*4336
4141
69
6034
美
158
HK Realty
1.875
1.875
1.875
1.83
1,425
HK Trans
32
Star Ferry
171
170
170
1713
Yaumatis
181
182
177
179
Ch Light
22.80
22.70
22.30
22.10
-200
Electrici
28.70
21.60
28.30
HK THephone
38%
38
steady
G.J. Cement
154
Dairy Farm
29.10
28.80
300
4.5. Watson
26.70
26.40b
25.80
1.50
Lane, Crawford
414
43.
steady
Int'l Investment
·8.65b
8.85
Allled
6.05
18
6
+50
HK FE Lav
14.50
14705
14.90
1480
14.000
steady
000
10.80 17
10.00
11.30
11.40
.11.20
--200
650
170
19.30
18.40
900
$1.10
Textile Corp Nanyang
125
Field(%)
Wall Street continues
Now York, July 21,
trend. Rubbers Blue chip industrials paced stocks in their
were in demand at
slightly improved ninth consecutive decline today-the
prices. Turnover was approximately $2,002,000.
Although there was
little
shown
in
longest down trend of the year,
Bank of Monstrest
Bank of Nova Scotia
Beech Life Savers B. C. Tel Co,
eneficial Finance Bell. Telephone Bendix Aviation Corp. Benguet Cork Bethlehem Steel
It was the sharpest decline of | Baldwin-Line-Hom interest the week but reflected individual dimore & Ohio
the corporate developments rather market rates were than any general sell-off,
General Electric touched off a well maintained.
decline in its group, dropping volume of busi- ness amounted to more than three points as many agement representatives walked $1,555.000. Unsettled condi- out on contract negotiations with tions persisted in the Unfon. Westinghouse, yet the market. Buyers to begin its talks with the held off and small Union, fell nearly three.
Today's volume was 2,510,000 shares.
in
selling caused prices lo. 8a5e
most sections Volume of business was up- proximately $1,127,000.
today with Wednesday: The market dis- prices slightly easier at the bell.
The market ruled two points higher to seven points lower at the close after opening un- changed to, rite paints lower this morning. New Orleans futures finished unchanged to
six points lower.
The trade continued putting ourt contracts Ip the nearby position and price fixing in the intermediate deliveries also
showed up, presumably against Thursday: sales of coton.on.call basis,
Private reports on cotton progress in the belt continued excellent, The... gey goods
remained
market
UPI.
inactive.-
Of a total 1,208 issues traded 320 were higher and 658 lower. American exchange volume was 920,800 shares.
Bonds volume amounted to $4,180,000.
played better. a
Dow Jones closing averages: jone in moderate 30 Industriais trading during the 20 Ball half day session 16 Ulities
65 Stacks with
40 Bonds showing fractional Comm. futures price index
some
rales
grins, Bank Chong-
ed hands at slightly
lower rates,
Closing Prices
Volume of business Abitibi & Paper transacted was ap- Alden Inc ALY proximately Algoritmel Carp..
$1,341,000.
Allled Chemicals
Alfed Milks fine.
The market closed Alls Chaitres
Irregular with set-Am Brake Shoe
American" Affline on
a
lers predominating American Cambie & Radio Corp. The day's turnover American Cyanami Co. amounted to Ro- | Amer;& Föngu. Power
proximately Am. Gal & Electric
$1,458,007.
Am. Home Prod.
Ame Mach. & Fry
American, Metal
Au Natural Gar
American Smeltag
Am. Sugar. Ref.
Americans Bend” Tet.
America Tob.
Ampex
Anaconda Copper
| Armor Steel
Авто
Asbestos Corp.
Atlas Cona. Minimgr
Boeing Airplane
Borden (The) Co. Broushi Add Machine
British Amer. Oil
British Columbia Pwr. call. Packing Corp.
· Cana, Bk. of Commn, Campbell Soup Co. Case (J. L). Co. Canadian Pacile R.
cat Tractor .... Celanese Corp.
C. I. T Financial Corp. Chase Marthat, Bank Chrysler Motors Cluett Peabody
8341 Continental Can
to decline
1831 Heyden Newport Corp.
**
Homestake Mining Co.
Hira Walker
Idaho Power
2935 Imperial Oil
499% || Imperial: Tobacco 46% Elgersoll-Rand
291
and Steel Co.
Os Interchemical Corp.
1 MPI Burbem Machines 03 MT Harvester 299
40%
International Nickel
International Paper 25% Inti Tel'& Tel
SEL 50%
52
Johte-Manville Co Kaiser Industries Kadaza. C. Power & Light Kennecott Copper_
Liggett & Myers Tob. Co.
ZMETI Tulip
Exation Ind
Lockheed Aircraft
Loews Incorp..... Lone Star Cement Co. Lowenstein & Sonia,
McDermott J. Ray
McDonnel Aircraft Merck was
strong demand
Industrial issues went into a'
today when selective in the market none too wel
engineers weet alegt via vibbs up to two shillings but electricals were mixed. Courtaulds paced a firm textile section on the up- trick... on inte of better prospects and hopes for quotation on the Paris bourses.
Prices dipped by tractions in quiet gill-edged market end foreign bonds changed.
The
Dollar stocks moved narrowly to end-mixed,
Gold Shared, went into, a downdrift while unsettled | coppers showed little change on balance.
Diabobrick
fell
back na stayed firm on the good price for the metal.
An easier trend developed in olls after narrow moventents.
EXCHANGE
Our Own Costrut
Bilstress dona- it the -Hop- kong Stock Exchange this mega- ing amounted to approximately $1,242,000, Noon, quotations and the morning's transactions:
„Skärus”. Bugars Sellers dr Al
Rubbers turned Idle and H Bank .. lost recent buoyancy.
Ceylon téas moved downside on" efection undertálstles. UPI,
Closing Prices
ollfedged Bonde
British Trimsport. 33, 1978/es-- 260-1/16,
Console 2˧4-1}.
Valin ine. Wharf, Ca Wheelock
司淼
0735
HK Dock
Consols 15-E06-13/16.
Provident
Cettversion Loan
314% 1981-
19.50 20.20
259-35/16.
Funding
Loan
2334 Raytheon
Funding
Stock 3%, 1909/and Hic
40
Republic Steel.
2645%.
29
Reynolds Metal
Funding
Loan
1900/90---
12
Reynolds Tobacco
767
51% Royal Bank of Canada
13 Royal Dutch......
Bavings 3%. 1955/65-£813%.. Savings 3. 1980/75-£19-3/18,
Youmiti
178 16
424 Sears, Roebuck & Co.
Savings 3%, 1966/15-£70.
HK Tram
3d.
Chartered Bank-61a 01.
Hongkong-261
Lloyd's Bank "A"-éis ad. National & Grindlay, Bank-354 Insurance
Ch. Light
$10 22.10
77% Shell O ..
-4034 | Safeway Stores
500 Saint Reg. Paper
4316
.
Bobenley. Inc.
531% Scott Piper
96
Siegler Corp.
393a i sinciale, Osi
M3⁄4 | Bmith, Kline & French
938 Bosony Mobil On
16
Boler Aircraft
Souls Puerto Rico Sugar
Elfi | Southern Co. (The)
24%. | Southern Natural Gas
Te | Southern, Railway (Com.)
Standard Brands
24 Standard Oil of Cal. 33% Standard Oil of Ind. 103
Standard Oil of NJ. Steep Rock
204
Sterling Drug Co. 842 | SanVast Camp.
stre & Webster Studebaker-Packard Corp. 164 Bunshine Mining
Swift & Co.
23/
911b
43
5T
610.43 Colgate-Palmolive 137.60 Colombian Carbon Co.
36
Mewable From Corp!
13.81) Commercial Credit
Minnesota Mining
205.09 Consolidated Edison
Mission Development
201
Molsons Brewwaty
144.11 Continental Oll of Del.
Crane Co.
45
Monsanto Chemical Co. Montecattal.....
199
405
Thickol Chem.
82
Tids Water. Of
621+
Time Inc.
mie
National Cash Reg. "A"
56's
Tri-Cont. Warren's
National Dairy Prod
291
National Lead
5524
National Steel Dury.
293%
New York Central
81
Crown Zellerbuch
Cubes Alper. Suster Delaware de Hudson Co. Diamond Alkall
30% Diamond Gard 484 Distillers-Seagrams
Dominton Stores
53 Douglas Aircraft
34 Dow Chemical ... Zak Dupont de Nemoure 40% Eastern Air Line
19% Dettman Kodac
8
Pass Nabiral Cas Family Finance Corp.
24 First Naf. City Bank
Ford Motor
179
Georgia Pacifie
d. General Dynamics
General Electrte
66% General Foods
504 General Motors
60
Gen. Pub. UMI.
Gen. Tyre & Rubber Getty Ŏil.
Glidden Co.
Goodrichs (B.-F.) Co.
63% Goodyear Tyre
Grumman Aircraft Gulf.c
Hammond Organi
METALS
Closing per b.:
40% Montgomery Ward
Apotorola "Inc, 150
National Biscuit, Co.
Noranda Mines Ltd.
1941, Norfolk & Westem Ry.
25% North Affer. Aviation
Northwest Airlines (Com.)
Oxford Paper Co.
Texas Co.
Textron. Ine,
57) Twentieth Century Fox Film
384 Union Carbide
Untos Dif of (a).
Union Facião Bailway
United Afteraft
United Fruit
United. Gjur Chrp,
US. Foll "B"
44% Winghouse Air Brake
11
35% Odihamar Nat. Gur
25% US, Gypsum
204 Olla Mathieson
10
US Line Co.
22511
70% Our Elevators
US: Rubber.....
4015
.62%
Owen-Hiltonia Glass
105
US. Smelting
57
284 US Steel
00
43
Pacific Già de Mée,
65
US Steel TPA PE.
80% | Pen-American Airwzys
173
Warner Bros
13% Paramount Pictures
48
Waukesha Motors
43° | Parke "Ozviz Co.
2614 Penn, Salt Co.
56
Philip Morris
384
West V. Pulp & Paps
34 Procter & Gamble Co.
118
Winn-Dide Stores
感言:
B
2911
6014
TIA
131 Pitney Bowes
Pittsburgh Plate Glaz
Publicker Industries
30% Pure On
NEW YORK
prices, all in cents.
Radio Corporation
Radio Corp. Frel.
Spot rubber unbated Blanket - crepe
No. 1 pale crepe
LONDON
25
Westinghouse Electric.
6994 Western Union Tel Co,.
10315-404 904-0914 114-115
Closing prices, all . In pende
No 1 Ras spot
Settlement house term:
Aug.
July/Bep!. 11.16 Oct/Dec.
TELEDYNARY/Mar.
11.19 Apr/May.
11.00 General, markets, 21.3. dama:
Aug.
MORE and MORE PEOPLE ARE OPENING.
6%
BANK
DEPOSIT ACCOUNTS
with
LOMBARD BANKING
SAFETY NO Capital Depreciation
fonds remain at your
INTEREST is calculated on si Dilly
SECURITY
-Le, your money - Interest from the day until the day you wid
-The Baby
Reserved.
ASSETS EXCEED £100,000,000
Enceraet pad want deduction of Uliland Khopin
Write today to the General Manage for your copy of
Bank Deposit Account" booklet No. ⠀⠀ A0,74
LOMBARD BANKING
Yesterday's Cosing
COMMODITY PRICES
COTTON
· NEW YORK
Closing prices all th cents per
per lb.
Spot: 33.80 Oct: $1.14; Dec: 11.23; Lead Mar: 11.58; May: St 20; July: 22.5; Oct: 82.15: Dec: 3213: Mar: "32:55. 2.500
NEW ORLEANS
Closing prices all in cents Copper per lb.
Spot: 31; Oot: 31.25; Dec: 31.56; Mar: 31.83; May: 22.13 July: 210; Oct: 2410, Dee: 22.10; Mar: 32.48.
LIVERPOOL - Closing prices all in pence This per bag
American Contract July/Aug: -2.50; Oct/Now: 2445; ind Dec./Jan 12.45; Mar/April 22.803,
May/June: 22.00
Mixed Contract July/Aug: "22.70; Oct/Nov? 22.03.
Dec/Jan: 278) – Mer/April May/June: 22.96---UPL
SECAR
NEW YORK
22.36;
NEW YORK
Res" rubber futures, closing
July: 43; Sept: 37.10 Nov: 2620:
Closing price all in cents per prices eli in cents per b
30 Sept.
zoite:crepe tới kh thick Aug.
LONDON
all in sterling.
per
3-month Copper spot
Zine and tak
FOREIGN
EXCHANGE
Woolworth. (K. W.)
Zenith Radto
Rubber
market
review
treat t
Singapore, July 21..... Overseas advices were sharply down, and the market opened two and one-half cents lower than. List night and eased throughout the morning session of local selling and some stop loss liquidation, Fanquiry for lower, sheets was
heless were somewhat reser
Factories
and the morning
slight
quietly
The afternoon session san, yết lower pribe on conti pelling with little
closel
activity Shortly
prices
LONDON
Lower:
Barclay's Bank "A" Ltd ord-551
Union Insurance Canton-£5-13/10.
Afterati and Motors Bellish Motor Corp. Ord-16e 90. Ford Motor Co-101 101d.*** Hawker Siddeley Group Ord-23
36.4
Rolls Royce Lid Ords Tid. Rootes Litt "A10 114. Standard Triumph International— 91 31.
94.
Breweries
Distillers Co 408 10. South African Breweries is ad. Ane Building and Materinia w By Cement-871 Associated Portland
Good Wall 4.Lead. Ordz37L
•Coal, Bioel and Engineering Babcock & Wilcox Lid-36a 4350. United Steel-006,
Vickers LA BA
Food And Tobacco
British American Tob. Co., Ltd
Imperial Tobacco
•Con Ltd€ /
...Mcellaneous
Boardman Manten 14
4.
British Oxygen Ltd. Ord-41 34. Canadian Pacific Bly-2: De La Rue Co. Ord-45 Dunley, Rubber: Contis d Gilan Holding Ltd Hongkong China Gas-156. Imperial Chemical-la 76d. Lyons & Commit Unilever Ltd-153
Paper
Bowler Paper Corp Ord-57 Gl
Radio and Electrical Associated Electrics---50% 36. Mectrical & Mantenimdas Šil EnglanElectric comdie General Electric--358 3d.
Indo-China Sem NET. Co. def PD Steam Navigation def ord-
Debenham 16. Ons Great Universal, Stores "A"~49s. MATKE &Spencer Ltd-19 Bd. Woolworth PM. & Co-073, Coats J&P.Ltd—a 34. Courtaulde Lidcos, 10.
Con Goldheld of South Africa $8 d.
cf
Cons-Zine Corp. Ord-78
De Beers def-140 216d. Honkon
Petning # I
Centent Dairy
.:
Textilá
21.10
ty
EK Gas
TAX
1440
NY sugar prices lower
New York, July
World No. 4 sugar
today closed two to seven polats lower an kales of
131 contractsstuott Domestic No. € sugar: futifres finished Ava to nine, počíta lower, on a turnover of des
The International, Sugst
Southern Kista Cons Ltd is donell, denized in Londoka to Union Corp-180, 9d der increase quote forvekport By West Driefontein Goldmining 100 per cent of beste. Jubangers
from
Hrlin Horneo Petroleum Syndir per cats at the present
KHL Humaki, Petroleumeile.d.The Council Also British Petroleum Co., Ltd
soory is prevalilik Burmak Royal Dutch Petroleum 111firmed to be th Shell Transport & Trading-153 of 3:55 cents P
Heuter,
Incressed Airinës?
105 per
BS INVESTMENT
QUOTATIONS
The following are U.S. mehta in Americans Buyers prices faciale
Affiliated Fund
Am Eka, BhpM
Lorageer
Agreed merchant
SING