Pago
Copyrapid
Coples
anything
Printed matter:
Ink
西
Coloured pencils
Rubber stamps
Ball-pent
Drawings
TÍME IS MONEY!
the simple to use
Copyrapid
is the greatest time saver
in the modern office
Sole Agents JEBSEN & CO.
47 Porklare a 14-35361 - 75
JAGE 233721
THE CHINA MAIL, FRIDAY, SEPTEMBER 16, 1960,
WEEKLY REPORT ON THE HONGKONG STOCK · EXCHANGE
MARKET TURNS EASIER
Banks improve⋆ The share market
on more
buying interest
market
After opening the week on
nate, the share eased and turned yesterday.
Banks, Wheelocks and the rub: ber section were the only stocks
lo show appreciable strengli.
Volume of business was fairly good during the first four days of the wark but dropped off yes- day to $1,837,000,
aut
HK Banks which were loper- ing off during. the past three woeks gained Strength renewed interest, and closed al $1,100,
In insurances Lombards re- mained steady at $36. buyers
Jaions while
Kained 54 on the week closing at $94.
Wheelocks continued their gradual rise closing at $7.80 with some fairly large transactions,
Interest continued in Wharves resulting in a further gain of $6 on the week in a cloping rate of
$230.
Hongkong Docks cased slightly while Talkoos remained steady at $39.
With the Appearance of more buyers Providents were trap- fruction by higher sacted of levels.
HK Hotels eased off slightly and closed at $58%. Lantis were also fractionally off,
Realties remained steady at $1.775.
Trams were fairly steady at $314d while Slur Ferries re- mained unchanged at $165. Yaumatis were $2 down on the werk.
dull at
a
HK Dank Lombard Upton Wheelock HK Whart
·HK Docki
Taikos Docks
Provident
HK Hotels
**US
London
EASIER closes quiet
★
a glance ⭑
Dividend
& flonus
$48
$1.40
Yield (%)
London, Sept. 15.
A falling Wall Street and lasping coal put stock market prices on a sub- dued note.
There was heetle dealings in all shares following news of British Petroleum's bid ap- purbach to the board of Apex (Trinidad) Oil for the company.
at
Aug. 18
1190
Aug. 85
Sept. 1
Bopt, a
Bept. 13
Up or Down
1160
1175
1170
--1100
+$20
30
34b
Job
36b,
steady
91
90
481;
BOL
04
++$4
1.45
7.45
7.65
7.75
7.80
250
230.
210
2220
230
230
+$0
105
96
100-
105
100
--$R
-
$10
$424
87
194
BD%
steaily
$2.80
19.00
18.00
20
20.80
20,00
+ 100
$1.20
401
4048
4014
4136
41
-600
$2.75
HK Lands
3812
.
56
BTY
8014
5834
-$1
$1.40
'HK Realty
1,775
1.75
1.38x4
1.775xd
1778
slendy
1140
HK Trams
3%
31%
81145
3147
3114xd
-20c
$2.05
Star Ferry
170
164bxd
164x4
1051
103
steady
$9.50
5.8
·
Yaumatis
180
170
182
182
180
--$2
$8.50
Ch Light
21.80
21.60
21.80
23.10
22,80
~~300
$1.10
Electrica
28
27.80
28.10
IK Telephone
3814
$14
3814
28.40xd 3874
28.10xd
3Dα
$1.70
6.1
98
-350
01.75
74
G. 1. Cement
58
$5
K56
it
Dairy Farm
27.90
281
29.60
29.90
steady -+-300
34
7.4
$1.83
0,5
A. S. Watson
25.40
25.80%
25.000
25.10
27.10
$1.50
5.0
Lane, Crawford
Jp-
3xd
38axd
3814
381+
3914b
+750
12.75
1.8
•
Int'l Investment Allied
9.10
9.15
9.20
0.15
050
750
8.9
5.70b
markot was maintained
5.80
5.80
5.86%
steady
31
HK FE Inv
14.90%
14.80K
13.50
13.80b
14
+-200
000
6.5
814 13.10b
1
8.458 134
8.80%
13.40
8.40 13.80
8.25
150
800
to 50s 1d. Diber gold shares were firm under Capë influence,
netstattos
to again felled alimet buyers and prices alcerd with numerous small losses,
Leading Issues were often a
►
13.00
-290
few pence lower,
strong gradually
the close
renewedi
Tuesday: There was
elvity In the market with
recorded improvements
mosi sections, Business trans-
to amounted acted
proximately $3,200,000. Wednesday; The
generally
web
with some proft-taking setting Jtt. Votumo of business anloited to about $2,100,000, Thursday: Dull conditions pre- vailed In the day's trading with Banks, Wheelocks and rubbers showing gains. Busi❤ ness aunounted to approxl- mately $1,837,000,
HONGKONG STOCK
EXCHANGE
by
Our Own Correspundunt
this
Business done at the Hong Stock Exchange kong morning umbunted to approxi- In the electric companies both mately $580,000. Noon China Light and HK Electricstions and the morning's rasis dropped 30 cents on the week actions:
perhaps
the
Bhares
to close slighly easier.
Telephones, steadiest of the utilities, closed UK Bank at $88-25 cents off on the week.
In stores bolly Daires and Lane. Crawfords
frae-
were
while Watsons tionally better remained on the sidelines al $27.10 nominal..
Market diary
Dk. E. Anda Lombard Waterboul
Witerlock
ik Dock
Providont
quota-
Buyers Hellers Sales
113 1100 10 1105 10 1103 B1100 51100
204
-
SA 26.39
7.00
7.85 5000 or 745
10 7.83
101 104 200 100
29.60 20.30
HK Hotel 2 4015 4034
HR Land
Ex, DIY, 67 573 Yout..
*70
100
1K Team
XD Ch. Light
HK Electric
451 5712 200 120"
310 342 22.00 22.30 100 22,70 (000 .22.10
20
Friday: The market was active during the day with interest centred chiefly on Lights and Talkoos, Turnover win ap- premiately $2,967,000. Monday: The market upened the week on a strong note Suine guins registered, Volume of business trans-Dairy Farm 20.65 acted was approximately Wat $3,669,000.
with
WORLD
INTEREST
SAND SECURITY
5%
Your fund's carn Interest in complete Security
at 5% per annum payable hall-yearly. There is no risk of depreciation and your funds are easily withdrawable.
beterevi paid when deduction of Valeed Kingdom Income’TELE.. Welle to-day, to the General Manager for your copy of "Bank Deposit Account" booklet No. 20.74
LOMBARD BANKING
Hand Clos
LIMITED BANKERSF
LENOLAKO MOUSE, KURZON STREET
CEANA LAULU KONoda W.1. Talunkona í kit2 4171-130 (506)
LOMBARD SCANGLAIZAT LIG
MADDON TO SECOND FLOOR
•FINGAYUDA HOUSE, KAFFERI QUAY,
14hz Making Wid Flanice Dramitade
Textile Corp Nanyang
12
2814
5.00
Is+
$1.10
GER BEESN62G688Z68°EARE6C"
8.2
Wall Street rallies on
New York, Sept. 15.
Stocks rallied sharply in late and heavy dealings today to stave off what earlier had appeared
to be an inexorable penetration of the year's
lows.
A wave of support causing the tape to run a minute lato on the upside cut many Josses in halt among steels. electronics and other big losers earlier in the day
IBM, for example, was down around 13 points at one time and
came back to halve this amount. Motors spray of fractional gains while revealed & several electronics were on the
upside.
Near the close the Dow Jones Industrials stood tile more than 1 point above the celebrated 000 esistance level in continued reaction to favour- able international and business news developments.
ธน
SUPPORT
Analysts generally were split to whother the lat could muster enough support to with- stand the onslaught on pessimis- tie selling in the past two weeks and to recover once again from another "test" of the now-famous 600 resistance level.
Although most stocks were abeve their lows at the close, some analysls looked at today's 20.10-into- buying
wave ELS only temporary. Some sale the real test was still to come.
Of a total 1,231 issues traded, 1300 were higher and 655 1wer,
American
exchange.
Ex. Div. 27.80.29.50.1070_»
IUC Telophone
100
Ex Rights 331⁄2 G.1. Cement 54 6515
Allied Inv
Textile
****
Nanyang
A. Rubber
200+ 29.0G 27.10
500 or 2735 5.70 5.13 3000 Buy 8.20 1,30 13% 13.70 1000 13.00 0.05
6.20 10000 y 8.10
R. Trust...
7.05
3,00
Talkoo Dock 59
00
200 g: 595
200 & U
Realty .....
1K Gas... Craw ilk & FE
Invest,
Inti invest,
XD
Gilman
700 w 3015
1.775 1.824 3000 v 1.80
10000 1.775 2000 1.00 25000 1.710 14.00 14.70 1000 2 14.00 3170 14,00 391 392 604 30
13.00 14.10 100 14
#14 2,120
Humphrey's 23.10 23,40
Ropes
Vibru
10.10
21.10
was 1,020,000 shares.. Bonds volume amounted to $4,730,000.
American Smelting
Ain. Suger Rel. American Tel k Tel American Tob. Ampex
Anaconda Copper
Armeo Slee? Armour
late buying
27 Goodyear Tyre Lery**
131% Publicker Industries
Puliman
Rato Corporation
Saint Res. Paper
41% Schenley Ine,
Scott Paper
Gill-edged Becurities mala- tained their recent ärm tone,
The Apex news also affected gold shares, unably the financo houses among which Cen- solidated Goldholds—with hold- ings in Apex-put an
While stoels closed with some appreciable falls
errulle day.
after
0.0
Dollar stocks felt back ta with Wall Street end
ปล
foreign bonds held steady.
Teas hardened, rubbers quist, -UPI.
Closing prices
British
£50-7/10.
Glitedged Bonda
Transport 371 1978/80s
Consols =R67:3/10,
Conversati
258-13/10.
Loan 34%. 1901-
LONE21
Tuiding Stock
Funding Locn
EMA.
1039/09
31, 1000/2004-
450.
1900/90
Savings 3%, 1055/05 – £ 29-1/18,
Sovinga 3%, 1000/70-2103/10. Savings 3%. 1960/70-715.
J
Barclay's Bank "A" Lig ord-dis
National & Grindlays Ranke--304, Westminster Bank "A"
Non-Cumulativo-ža.
Getty Out
Glidden Co.
2536
Congo 2110%==£ $59).
8316
Goodrich (B.F.) Co.
Fure Olt
3015
38%
дай
સં
Great Northern Italway
SPX Radio Corp. Pref.
Grumman Aircraft
Soytheon
Funding
20%
Gulf Ou
2715 Republic Steel
57%
со
Hammond Organ
33% Reynolds Metal
44
Hiram Walker
37
Heynolds Tobacco
404-7/10,
493
Hanicetake Mining Co.
43% Royal Bank of Canada
benton Corp Atlee Cons. Mining Baldwin-Lhna-Bain. Baltimore & Ohio. Bank of Montreal Bank of Nova Scotia Beech Life Savers Bell Telephone
25
Huseman Petriy
Royal Dutch
036
Idiche Power
Theem Mfg.
1395
Imperial OH....
314 Sears, Roebuck & Co.
5316
Imperial Tobacco
1232 Shell'Oll Co..
MUL
Ingersoll-Rand
Safeway Stores
thanks
SIN
Inland Steel Co.
442
Interchemical Corp.
3d
4812
In Business Machines
521
Chartered Bank—10, Dd.
Beneficial Finance
2003
Int'l Harvester
41
Siegler
5316
Hongkong--£61.
Bendix Aviation Corp.
COTL
International Nickel
ea
sinclair Of
Lloyd's Barik "A"-67% 30.
Benguet Cons.
R
Intermilanai Paper
Sunil, Kline
French
Int'l Tel. & Tel
Sogený Mobil Oil ".....
1241,
30%
Johns-Miswille Co.
63
South Puerto Rico Sugar
1435
404
Kaiser Industries
5312
Kansas C. Power & Light'
Southern Co. (The)
4813
M
Souttern Natural Gan
Kermecott Copper
Southern Rallway
(Com.}
30%
Kimberly CTK
Standard Brandk
249R
ggott & Myers Tob, Co.
3.5!!
Standard Olt of CAL
40
Lily Tulip
5114
Standard Dit of Ind.
Lilian Ind.
14
Standard Oll of NI.
ZEL
Lockheed Alreft
221
10
Loews Incorp,
30
Lone Star Cement Co.
2414
Lowenstein & Son
2012
McDermott J, Navy
61%
MeDornell Airemft
44
Alerek
Be
Misubi Iun Corp.
3212
Mon Development
40
Alias a les Chereal Co,
B
Montecatini
184
032
30:2
Bra
Bethlehem Steri Boeing Airplane Borden The) Co. Burroughs Add Machine, British Amer. Ol Calif. Packing Corp. Cana. k. of Comm. Cana. Brewers Campbell Soup Co. Canadian Paciae n. case (J. f.) Co. Cat. Tractor... Celanese Corp,
CIT. Financat Carp. Chase' Monhat. Hank Chrysler Motors Cluett Peabody Colgate-Palmolive Co. Columbian Carbon Co, Comuneretat Credit | Cursing Gloss Works
Continental Can Consolidated Edison Continental Of of Del. Crite Co........................ Crown Zellerbach Cuban Anter. Sugar Delaware & Hudson Co. Dominion Stores
Dow Chemical
Montgomery Ward
Motorola Inc.
National Biscuit'
National Cash Reg. "A"
410 | National Dairy Prod.
Steel Co. of Canada Sleep Rock...
Sterling Drug Co.
Stokely-Van Comp.
Stolic & Webster
Insurance
Union Insurance Canton-£57%.
Alferaft and Motors
British Motor Corp. Ord-1da od. Ford Motor C-85 10. Hawker
3016
Stixlebaker-Packard Corp, Bunchine Mining Swift & Co.
Sa
1x Co..
Textron Inc. Thioko! Chem. Tieto Water Oll
United Fruit
united Gas Corp.
its, Fall "B"
17US. Gypsum
US Line Co.
U.S. Rubber
US. Smelting
4011
Siddeley Group Ord-e, Rolls Royce Lid Ord-4a 76d. Bapters Lig "A"-W_7}{d Standard Trumph International--
Breweries
Distillers C-122 $0.
South-African-Brewextes-23 30.
Buliding & Materials
Assoplated
Portland Cement--715
Goodings Wall & Lead Ordita.
Coal, Steel & Engineering Babcock & Wilcox Lia-dda ki, Valted Steel-63a 3d.
Vickers Lia-338 154,
Food and Tobacco British American Tob, Co., Lade 62, Bd.
Kf
Imperial Tobacco Co., Ltd
381
Tine Ine.
60% Tri-Cool WarrumZİM
Twentieth Century Fox Film
Datun Carbide ...
4544 | National Leaf van
30%
Union all of Cul
1412
National Steel Corp.
Union Pacific Railway
STEL
New York Central
Int
traite Airerutt
GO
Noranda Mines “Laud.
40
Dougias Alterafi
30.
Norfolk & Westem Ry.
volume
14%
North Amer. Aviation
41EP
Dupont de Nemours
19013
Eastman Kodak
Eastern Air Line
24
Oklahoma Nat. Goo
Northwest Airlines (Cons.)
116
Om Mathienor
Family Finance Corp.
31
Otis Elevatora .............
40
Forro Corp.
Owen-lineda Ganes
48
$3915 Nat, Cky Bank
-Firestone Tyre & Rubber
30%
Oxford Paper Co.
933 US Steel HOFF
VS. Steel 1 P.C.
140
Profic Gue & Elec,
BO
Warner Bros,
DOT
10:d.
Ford Molor
Pan American Airways
191
Waukesha Motors
53
Georals Paclite
st
Paramount Picturus
10
Westinghouse Air Brake
20%
33
FULL
Parke Davis CD.
41% Westingluse Electric
51
4314
2011 Geatral Foods
Penny J. C. Co.
42
Western Union Tel. Co.
Pena. Boft Co.
261
West Va. Pulp & Paper
2014
437%
Philip Morris
73
Winn-Disk, Stores
1226
Pitney Bowes
30%
Woolworth (K. W.)"
[4]
Procter & Gamble Co.
122
Zenith Radio
324; ↓ Pittsburgh Flate Glass
DIEL
Closing prices
Abiliul Pwr. & Paper Aiden Inc. Acy, ..... Alyona Steri Corp. Allied Chemicala Allied Mille Ins. Allis Chalmers. Am. Brake Shoe American Airline Art, Cable & Rodio American Cyanamtd Am. Gas & Electric Au Home Prod. Am. Mach. & F dry. American Metal Am. Natural (Cas
Fly to London- only $4982-40
RETURN FARE!
BY NEW BOAC skycoach
BOAC Introduces new, low-fare Skycooch services at a limited frequency between Hang Kong and London ... svaliable only to local and U.K. reildants. 4.
1
See your Travel Agent or Jardine's Alrwoys Department. Telephone 35111/2 (24 hour service)
B⋅O·A·C
af you
BRITISH OVERSEAS AIRWAYK COMPRATI
General Dynamics
General Riactvin
General Motors
Gen. Puh, U.
Gen, Tel. & ́Elec..
Gen. Tyre & Rubber
40
COMMODITY PRICES
SUGAR
NEW YORK
Closing prices nil in cents
METALS
NEW YORK
Settlement house term:
30-301
290
Sept......
Oct/Dec.
Jan/Mar.
Apr/June
July/Sept
Gonere) markets, aif. basis,
Sept.....
-201
Nov...!
Extate crepe
AMSTERDAM”
20%
Closing prices all in guliders per kilogram, cif. Septi
per lb.:
Clasing prices, all in eents per
Contract No. 4 (world)
1b.:
thin Sept,
Oct.
Lead 3.00
thick sept.:
Jan,
Bept.
10.50
ΝΟΥ,
1050
Mar
Zine
May
July
Sept.
11.00
Spot-FAB. Cuba)
Nov,
11.00
Total Soles; 197 contracts
Copper
Open interest; 2,890 contracts
Sept.
29.00
No. 1 riber
No. 2 rubber
Contract No. 6 (domestic)
NOY,
· rubber
Nov.
No,
crepe
Jan
Mar.
Spot-(CLL N.Y, ex-duty)
Total, Salex: contrueta
ΣΙΜ
Open interest; 140 contracts— UPI.
tpot
3-mont
Copper
Spot
3-months'
Zing fat, heit
Sept.
COTTON
NEW YORK
Closing prices ali in cents por
B.:
Spol: 32.45; Oel: 31.30; Dec: 31.29; Mar: 31.08; May: 32.06: July 31.10; Delt 35.36) 1001 22.41 Mar 32.57;
May: 37.07 July: 3268.
NEW ORLEANS Closing prices all in cents per
lb.:
Spal: 301 Get: '20: Dee: 31 20: Mafi 31,07; May: 3254; July: 22.06; Ort: 31 Dec 31,30 Mar 31.03 May: 23.62: fly: 1243.
LONDON
Closing prices, all in sterling per long ton;
Foca
Lead Int hal
Sept
De
“Buyers Sellers
D0%
430
RUBBER
NEW YORK
Rex · rubber futures closing prices, all in cents per lb.
Sept
Nov
LIVERPOOL MAMA A390. Closing Peleon wil in penes per
May Ameriensi Contraét
Det; 23: Bee! 11.80; 50: 22:38:
Jule
51,75
žar buena
234 buyar
2.61 buyers
3.10. Вместо
***UPI.
FOREIGN EXCHANGE
NEW YORK Closing rates: Canada England official
ti
Australia
30-days
90-DETE
New Zealand Bouth Africa Hong Kong
Others unchangað.
LONDON
Closing rates; New York Moestro! Amsterdam
Bestpold Contagem Frankfurt
репро
Vienna
Zuzion
Biscellaneous
Beardman Marden Ltd-18,
Lich British Oxygen
Ded-$0@
Canadian Pacifie_Rhi—$413). De La Rue Co. Ora-ïda.) Dunlop Rubber Co -20% 9d. Gilman Holding Lid-28 40. Hangong & China Ges-105. Imperial Chernical075 10154. Ltd-1646.
15/999 * Co-024 14.
Paper
Dowater Paper Corp Ord-das ed.
Radio and Electrical Associated Electrica)–103.
set Musica,438.
*P* ***-*5 dizade UNDE
General Elegtelo=500,"
skipping
Nov. Co. dert
P&O Sloam Navigation ord-30 (d.
Indo-China Steam
stores. Great Universal Stores
Marks & Spenoer Lid-87 Woolworth F... W. & CO-775,
Textiles
Coats JP Ltd-131 3d, Spurtelde Less 10/ed.
Mipen
Cons Goldfields of South Africa—
Jon Zine Corp., Ord-70% De Beers de-a K. Hongkong Tir-100 4140. Petaling Ti=70 1963), Hand 6d. Southern Kinta
Cone Lik Union Cardre sild. ''
"Boldmaining- West. Dritionisin Be ikd
Drill Bornoz Petroleum 2017.02 our..
Brich Burmah PetroleuZI Erlilik Petrolatum. Co. Shall
Syndi
Agreed merchant
rates
West German Bo Maximum Selling
Exchange, rates
Naginata was done: in AND
Tamil) at the kilowing TALONS
Indenssian rubishi Eper, 2003/2