THE CHINA MAIL,
FRIDAY, DECEMBER 23, 1980.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
HONGKONG London
STOCK
STOCKS SHOW RECOVERY EXCHANGE
✰
HK Bank
The share market
Lombard Union
Wheelock ITK Whart
UK Dockn
Talkoo Docks
Provident
HK Hotels
at a glance ★
Up or
Down
Dividend
& Bongs
M
3.3
Nov. 24.
Dec. 1
Dec. 8
Dec. 15
Dec. 22
Yield (%)
1326
1394
1420
1415
1448
+30
548
,424
43
434
43.
42
•-1
Sw
4.9
120
124
1249
12dn
12in
steady
$3.40
0.00
- 9.65
1
9.40
0.35
9.65
+20
000
G.4
249b
270
270-
200
208
2
$8
3.1
114
113
114
116
+1
$10
GB
6914
**
703%
71
+500
$2.80
22.20
23.20
23.80
23.40
23.70
$1.20
4314
#3%
424
414
418%
+60c
$4.75
HK Lands
0914
71
70
73
1315
+500
$2.40
3.3
IFK Really
1.90
2.025
1.05
1.925.
1.00
-2.50
13.750
HK Trama
32
3331
3201
33
3314
+500
$2.05.
6.5
Klar Ferry
180b
187
183.
186
184
59.00
Yaumatis
105
111
113
113
137
+4
$8.50
7.7
Ch Light
25
28.10
26.00
20.20
2016
300
$1.10
4.1
Electrics
20.10
314
30148
20.40
2014
+100
31.70
3.6
IIK Telephone
37
381
371
38
38
+35c
$1.78
4.0
Cement
63
0454
G3
12
03
+1
SA
6.3
Dairy Farm
13
34
34
3214
$314
+1
$1.85
A. N. Waikan
33
384
37b
376
391
+234
$1.50
4
Lane, Crawford
41
4434
44
42
431
4+2
$2.75
Int'l Investment
D.85
10.70
10.80
10.70
10.00b
100
78c
7
Allied
03/
8.10
8.40
8.309
8,10
--200
$1
12
HK & FE Inv
30,000
15.40
13.008
15.20
15.20b
sleady
B00
5.8
Textile Corp
0.00 16,60
0.05 10.40
8.03 15.60
8.20 14
.. A
--200
tha
D.7
13.70
-300
$1.10
8
G. 1.
Nanyang
COMMODITY PRICES
METALS
NEW YORK
Amsterdera
frussels
Copenhagen
Frankfurt 1.labon
Oxlo
J'aria
Stockholm
Milan
Vienna
Closing prices all in cents per Zurich
b.:
Lead
1.1.3
Jan.
V.03
Zine
ԱՐՄ
1,05
Jan.
10.00
Copper Tire.
27.90
JAH.
27,93
-UPI.
FOREIGN LXCHANGE
NEW YORK
Closing rates:
England 3-dayın
Australi
DX-days
New Zealan
South Africa
Belin
Olliers unchanged.
LONDON
Closing rates;
New York
Montreal
5.8045
LADIN)
2300
10.572-70.3015 $39.37-739.375 30,34-30.3473 11.70-11.703
? 20-00.30
20.0145-20.012 13.301-13.771 14.50-14.00 174135-1742
12.05-72.00 12.00-12.00%
COTTON
NEW YORK
Closing prices all in cents per Ib.:
Spot: 32.29; Mar: 22.27; tey: £75; July: 33.; Oel: 33.01; Dec: 33.05; Mar: 3382; May: 33.85; July: 33.65.
NEW ORLEANS
July 24.13; Oct: 24.25; Dee: 4.30- UFI,
SUGAR
NEW YORK
Closing prices, all in cents per
Telal Sales: 12 contracts. Open Interest: 1,400 contracts.
Contract No. 6 (domestlo)
Mar.
0.83
Spot-(C. NY. ex-duty 5,03 Total Sales: acne. Open lifterest: 140 contracts.
U.S. INVESTMENT
QUOTATIONS
Firm undertone for most
of the week
“Our Own Correspondent
Business done at the Hong- kong Stock Exceflange this MOLTI- ing amounted to approximately $2,740,000. Noon quotations and the morning's transactions:
Ahares
stock market
London, Dec. 22. The following are today's quotations on the London -stock-market:
ay
I and..
Buyské Beers 1445 1850
Baler
3
t1444
001445
The local stock market made a recovery Whar
60 1400
B 1450
Closing pricos
ritish Government_Sestrillen
Consolidated—–244. Convergio $4. Bavings_95%/6%en 82 69-35/10, Savings 1305/15--£7192
banks insurances
Barclays Orch=0ße Dd, Chartered Bank-476.
Hongkong Bark—ĒTES.
Lloyds Bank” tõe 90.
Lenhard Banking Ord371⁄2 tid.
this week following two decline.
0.03 weeks of Wheelock
Waterboat
114 Dock Provident .13.9)
20.10
270
9.89 7000 € 1.50 113
Union Insurance Ord-£72.
23.60
undertone went up. A firm
£3.50 23.09
Royal Dutch-£213.
HK Hotel
Prices in most sections
was maintained for most of the week, but eased off yesterday.
The lower levels reached yes
attributed to the terday were prominence of sellers seeking funds for the holidays.
Banks once again returned to prominence with a leap to $1,443 (closing rate), a gain of $30 on the previous week.
An exception to the upward trend were
the Coltons which were again slightly down in price.
Valume of busintes for the week under review (Friday lo yesterday) amounted to approxl- mately $23 million, compared previous with $18,020,000 the week.
Comparative closing
figures
The following are US. Invest-show the following: ments as in American dollars Buyers' prices include commla- sion:
Banks: Hongkong Banks jump- ed up by $30 at $1,446,
Afiliated Fund Am Dus Sh
Sellers Buyer
7.30 7.00 4.10 4.44
3.10 0.07 13.10 12.30
upi.
1b.:
Contract No. 4 (world).
Mar.
15
Atom Dev Mut
May
Axe Hought B
July
Sept.
0.30
Bullock Fund
Oct.
1.03
Canada Gen Fund..
Spot-(F.AS, Cuba)
Canadian Fund..
13.33 14.41
10.72
Canadian Int. Growth
10.08
30.00
Chemical rund
11.02
11.03
Commith Stuck
15.22 17.20
Dividend Sh.
2.00
3.24
Dreyfus Fund
15,00
10.30
Eaton & l. Block
12.00 12.59
Electronics Inv
7.41
-9.10
Founders Mut zá..
10.78
11.11
HC-7
A.11
3.50
10.43
10.60
5.00
11.41 11.00
6.53
Invest.Tr Boston
11.16 11.20
Keystone Cust 112
21.25
Keystone Canada
23.10 $3,50 15.04
Mass Iny, T: Man Growth
13.30
14.58
15.11
10.34
Nat-Sec Bel Growth
0.84 5.60
110
18.10
7.72
$34
0.10 171
10.00 11.00
13.70 14.98
Closing prices all in cents per
11.:
Spot: 20.03; Mar: 3223, May: 32.07: July: 33.00; Uel: 3358; Dec: 33.62: Mar: 23.77; May: 33.80 July: 33.50. LIVERPOOL
1970 3,0110
.020135lb.
Closing prices all in pence per.
American Contract Dec: 2270; Mar: 22.00: May: 23.40; July 23.5: Oct: 23.06; Dee: 21. 2.80-9/10-2,00-11/10 |
Mixed Contract 2.77-7/10-2.77-0/10 Der: 23 Mar; 23.20; May: 39.86;
-UPI.
RUBBER
NEW YORK
Rex rubber futures closing prices, all in cents per lb.
Jan: 2.65; Mar: 23.00: May! 20MAX July: 3.7: Sept: 28.75: Nov: 2875.
UPI.
THE UNION OF
SOUTH AFRICA
பா
同
FROM
SOUTH
AFRICA
EXPORTS
£700,000,000
Insill Yoursel Zratit Growth
Instit Incorrio,
Scudder St & Cl...
Teler, El Fd ........ Value Line rund VI. P. Wellington Fund
TO THE VALUE OF
U.S. $2,000,000,000
M $6,000,000,000 H.K. $11,000,000,000
YEARLY!
And is An Excellent Supplier Of Your Requirements including :--
FOOD INDUSTRIES
Canned Fish & Abalona
Conned Fruit, Vegetables
and Jams
Fruit Juices & Squashes
Wines, Spirits & Mal
Dried Fruit & Vegetables
Edible Olis & Promut Butter
Breakfast Cereais
Biscuits &- Confectionery Maize, Greis & Eggs Animal Poeditaltı & Younts
Sisk & Vitamin Olis
CHEMICAL INDUSTRIES
Industrial Chemicals Adhesives & Glues Olucete & Starches *Insectlaides. Dlaw. Sprays.
Weedkillers afectants Pharmaceuticals & Drugs Methylated Spirits &
Alcokat. Salvents for industry Wax &, Tar Carbide
Tanning Extracts Explosives & Fuses
BUILDING MATERIALS
Hard & Soft Bourdi
Steel Windows Steel Furniture
Office Equipment & Safos Asbestos-Cement Products MINERALS & ORES
All Mineralı & Gras Asbestos, & ̈ Gypsum Refractory' Materials
AND MANY OTHERS ?
Insurance: Lombartin lost $1 at $42; Unions stayed steady al $124 (nominal).
30
Utilities Trams gained 50 cents at $334; Star Ferries declined by $2 at $189; Yatmntle gained Si at $117: Lights gained cents at $2614; Electrics gained 19 cents at $29: Telephones im proved by 25 costs at $384
Shipping: Wheelocks gaired 20 cents at $9.55.
Docka, Wharves, and Godowns: llongong Tocks went up by $1 at $115; Talkoo Docks gained 50 cents at $7.1; Providents Increased by 30 cents at $23.70;
Hotels, Lands and Building
| Homkung Hotels gained 50 cents; at $4134; Lands gained 50 cents al 7314; Renlu& lost 2.5 crats at $1.90.
Industrials: Cements rose by $1 at $63,
Stores:
Dairy Farms gained
HD Land..
* 7412
2007435 300 74%
attracted buyers at higher prices, ahead, jumped Yaumatis Cements registered impressive ains while 'Wheelocks advanced and remained steady. The in- pression given by the trend was that if only sellors could have Ch. Light 26.00 20.80.2009 28.00
200111 117 118 Yaumat!
109 Bonus HK Trem.. 13% 14
requirements
of approximately could have been
matched buyers' the turnover $5,500,000.00 doubled.
23 110
25000 234)
1000 20 2345
1000 23
100 26.70
1300 25.70
1000 e 29.60
200 e 2.70
... 29.00 20.70 3003 ur 2919
1500 20.70
Electric
Telophone
. 37%
10 1100
New
G.. Cement
64
Dairy Farm 321 3334
Watson Allied Ins.. Toxille
1.23
Tuesday: Today's feature was the renewed interest in Bank shares which on intense competi tion rose to $1,400 with buyers still predominating. Rises were widesprend in all sections except Rubbers and Textiles. Wheolocka jose sharply, Docks, Talkoos, Lands following with sellers only at tempting offers. emerging Utilities were again sought after and Cersents also registered fur- ther gains. Altogether a very brisk market revealing a strong tone which shows no sign of abatement. Approximate turn- over was $0,470,000.00.
Wednesday: The stock market Nanyang was fairly active during the half day session today resulting in a of approximately turnover $2,620,000.00. H.K. Banks were again in demand, 100 shares were transacted from $1,455 to $1,450, WAS well Elsewhere interest
prices fluctuating spread with within very Barrow, limits. the close the trend was some-
what easier.
AC
BSUL
13.00
100
1000
2000
500
Amal, Rub, 665
6.60 1000 97 |
715 1000 730
*
000 1000 mm 2015. 10000
328
16.20
7.03 Rub. Trust.
Taikoo Dock 7145 Humphrey 24 Realty 1925 193 HK ... 10.10 10.20
Thursday: This was the final day's trading for settlement be-K fore the holidays and the market eased a little on a wide front, no doubt culo partly to seasonal in- fluences which although expect. ed did not become apparent un- til today.
distinctly
Textiles' were
$1 at $33% Lant Crawfordswenker due in some measure to gcinod $2 at $43 (nominal): nome misleading headlines in the Watsons rose by $2% at $39.press.
Coltons: Textiles lost 20 cents Wharves
registered
useful
at $8; Nanyangs declined by 30 gains on, small buying svhilo cents at $13.70.
Investment Companies and
steady trading.
'Furnover was a little over $5,000,000.00.
Investment International In-Telephones held their prices un vestments lost 10 cents at $10.60 buyers: Allied lost 20 cents at $0.10; Hongkong and Far East Investments remained steady at $15.20 (buyers),
Market diary
Friday: After a featureless und depressing
opening the market sprang into life and re- gained its encouraging upward trend. Gaine were register- ed in nearly every are and le we's trading ended ол the strongest note out the werk. Toxtiles wero dominant and steadily gained throughout the day, Wheelocks rose a fraction aral Lands were active but un- changed. It was very evident that sellers were holding off and
buyers could not be satisfied, which accounted for the moderate turnover of ap- proximately $3,410,000.
Monday: At the opening, the only intercat
shown in was Lands. Loter it gradually spread and again buyers bid for the fow shares on offer, Banks
The
Soviet aircraft
of
Accra, Dec. 22. Ghana Minister Transport and Communications Mr Krobo Edusci today signed cerilficates of acceptance of two Soviet Ilyushin-18 aircraft the first of eight planes bought from the Soviet Union for Ghana Airways,
Ilyushins on routes between Soviet plots will pilot the Accra and other African states. -Reuter,
Exchange rates
Busines was done in the local uh- oficial exchange market this mom- US dollar iper $1) ing at the following rates:
Btarling notes (per £1) Australian notes (per 23) Indonesian Rupiah (per 100) Bisma tesis, Iper, 1003 Bingapore (Simalts)
POL ROGER
Champagne
KNOWN BY THE FINE COMPANY IT KEEPS..
POL ROGER
CHOICE
OF THE DISTINGUISHED
AND THE DISCRIMINATING
BETHE WORLD OVER
CUT OUT THIS COUPON AND SEND TO
The Senior Trade Commissioner: för the Valen ́at. Sarik Africa In Rait-Asia.
Bat Flour, KPM Buliding,' Robinson Rand, Singuparu.
Þírové sekê mò the names and deérastas
•af South African Experters salon
The name and address of my firm is as follows
NAME
SAVAILABLE AT ALL RETAILERS -
Make Hose Adents:
H. RUTTONJEE & SON, LTD,
DINA HOUSE KHONG KONG • YIL. FARO1
15.54
3.20
& TE
...
Gilman... 2,476 2528 Kelantan.. Underwriters 11 11.00 Int'l Lav... 10.00 Star Ferry Macao Hike. 13 1340 Hope ***
Crow
Cald Maca.
Bater
Vibro
2015
1000 L 0,80 2000
1000
Burmah Oll-331 $1,
Steels Engineering
United Steel-760 1144. Vickers Ondula 10110.
Industrials
↓
Assoc. Flec. Ind-stries Asoc. Portland Cemont 60% Boardman, Marden Orderde 60.
Motor_Onti-jba 24.
BJ. & P.) Ord-60% 0.
Courtaulds Ord-15# 21d. De La Rue Ord-351
buyon Hubble ord 22% 154. Xiqo. & NUK Industries Sa 06. Ford Motor Ord=1425 91.
ad.
Gliman (foldinga) Orduda. 101k.
Great Univermi Örd-50% 63.
barks & Spencer "A" 다.
Bedifusion Ové-30g. 193jd. holls-toy-446-36.
Standard-Triumph-15gr. Umlever Ord43 3. Woolworth Ord-60 80.
Kinon
De Deera_Def=155# 1150. Petaling Jin-1 od.
MiscellaneonY
OTCREE
Bowmaker Orchids EL
Canadian Pacine
Hongkong & China Ga57–19%. Indo-China Def. Ord-20% 3d enf. 1.&O. Bleam Nav. Del-sin Su.
Sugar market
New York, Dec. 22. World No. 4 sugar futures today closed two points lower to a point higher on 12 sales.
Domestle No. 0 futures fakt- ed unchanged
with no sales reported.
Futures continuică dull today. Norway, reportedly bought a 15.30 cargo of raws from Brazil, but
since détails
were unavailable
the market had little to work on-UPI.
Agreed merchant
rates
Canadian dollar, maximum selling 11, minimum buying
Loss of gold 175 / 119/16 0/D.
Now York, Dec. 23. The United States lost a further 348 million (about, £11 million) worth of got in the week ending sesterday, accord- ing to the Treasury return issued today.
The goki stock now slands at $17,925 million (about 20,402 million)fouter,
Swiss Francs maximum selling 74%.
West German Deutschemarks maximum selling 72 0/10.
Unit trust
First Hongkong_Fund: Buyer Price: $1.00. Selter Price $1.13.
LOMBARD BANKING DEPOSIT ACCOUNTS · NO CHANGE
5%
Policy of Stability
Maximum Security
Entoesit putt weichent deduction of Ľubes Why dane Momma Ÿnd
GROUP ASSETS EXCEED - £100,000,000
Wrka modrý to the Klasörsi Handger Be jour copy of *Bank Deposit Accpina"" Booklet No. A.6, 14,
LOMBARD BANKING
"LIMITAD BANEERS
ADDRESS: