THE CHINA MAIL, FRIDAY, FEBRUARY 24, 1961.
WEEKLY REPORT ON THE HONGKONG STOCK
EXCHANGE
A DECLINE IN PRICES
*
HK Bank
Lombard
Wheelock
RK Wharf
a glance ★☆
Invidend
& Bonus
$40
Yield (%)
4.4 4.8
The share market at
Up or
Jan. 20
1640
Feb. 2 174G
Fob. 0
1815
Feb. 14
Feb. 23
Down
1950
1870
----76
42b
43%
40
48
453%
-244
II
11.80
12
12.70
12.40
-300
276
.200
282
288b
20%
+
IIK Dock#
124
174
170
140
135
$10
Taikoo Docks
7314
74
70
7014
74
214
$2,80
I'rovident
20
27,20
27.20
20
20,80
1.20
$1.20
4.5
HK Hotels
4211
43%
45
4714
40
$2.75
K Landm
BOLA
8214
8314
2034
844
$2.40
1.925
2.15
2.125
2.175
2.138
13.750
C.4
34
341
3431
364
15
$2.05
G
224
234
222
222
2219
$10.80
4.7
Yagmatis
127b
135
135
140
*136
$8.50
6.2
Ch Light
3014
26.90
20.10
3234
30年度
31.10
3.5
Electricn
3114
30
3234
30
$1.70
4.7
HK Telephone
4131
4341
441
46%
4614
$1.75
3.8
G. 1. Cement
0944
72
70
GOLS
34
Dairy Farma
3214
344
3674
37
334
$1.85
5.2
41
4792
47440
40
$1,80
3.3
43b
43
4714
48
+750
5.1
Int'l Investment
12.30
13.30
13.60
14b
13.80
200
160
5.5
Allied
8.80
+
8.900
9.10
9.00
+80
st
IK & FE Inv
10.40
16.700
17.70
17.400
17.10
+300
000
Textile Cory
7.45
7.55
7.95
8.15
BIS
steady
800
12.49
12.100
12.80b
13.10b
13.20
+100
$1.10
8.4
HK Really
311 Tra
Star Ferry
A. S. Wateon
Lane, Crawford
Nanyang
45
COMMODITY PRICES
RUBBER
NEW YORK
flex rubber futures closing
prices. all in cents per tb.;
Mar: 29 May: 20.83% July: 28.70; Sept: 20 60: Nov: 28.00.
SINGAPORE
Generaf mørkotu, 23 E. baxle, parte: ¦
Mar.
April Extate crepe thin Mar.
thick Mar. AMSTERDAM
237-24 24.54
2412
Closing prices all in guilders per kilogram, c.i.f. Mar.
Nu. 2 rubber
No. 1 rubber
No
3 Jubber
Na
1 crepe
Closing prices
centa per lb.
all in Straits Lob.
Malayan
8314-1
9014-2016
20-77
BOLS-BOT
[415-65!}
2014-8619
paris:
Nu. 1 Mar
No
1 Apr.
No. 2 Mar.
LONDON
81-0114
2.29 buyers 2.50 min. ---UPI.
LIVERPOOL
$2.75
U.S. INVESTMENT QUOTATIONS
The following aro U.S. Invest- ments ag in American dollars, Closing prices all in pence per Buyers' prices include commis-
slon: tb.:
Afliated Fund Am Bus Slin
Sellers Buyers
7.02 0.57
American Contract
Mar.
Moy
24.70 2016
4.43
4.73
July
24.0
Atomi Dev Mut
2.33 buyers
Det
2018
Axe Hought D
0.63
2.29 buystE
Dec
24.03
Bullock Fund
15.49
14.70
Mar.
24.83
Canaria Gen Fund
14.60 15.70
Canadian Fund
11.13
1053
Mixed Contract
Canadian Int. Growth
10,00
11.01
Chemical Fund
11.07
12.04
Mar.
24.03
Commith Stock
May
24.05
25.50
Dividend Stirs ...
10.34 10.30
3.19
350
Dreyfus Fund
10.04 17.43
54.80
Dec. Mar.
30.00
Zaton & K. Stock
11.23
14.13
Electronics Inv
7.04
U.57
23.23
Founders Mut Fd.
11.34
3234
Ilam Fd HC-7
1.43
6.05
natit Found
11.23 13.21
Instit Crowth
11.51
J2.59
Insill Income
B54
Invest Tr. Roston
12.13
1320
Reyalone Cust B2
21.04
23.94
Keystone Canada Mass Iny. Te.
16.27
10.52
14.17
ja 22
10.43
17.78
Sendder St & Ci
9.10 10.21 19.37
19.37
| Telev Ri Fd. .....
4.21
0.01
Value Line Fund...
7.00
V.I.P.
22.61
12.59
Wellington Fund
34.98
10.00
No. 3 Mar
No. 4 Mar.
Spor robber unbeled
Blanket crepe
No. 1 pale crepe
Closing prices all in pence per
No. 1 as apot .......... 211-244
Settlement house ferm:
Apr/June
July/Sept. Nov./Dec.
Jan./Feb.
COTTON
NEW YORK
Closing prices all in cents per ib.:
----UPI,
Agreed merchant
rates
Canadian S maximum selling 17-5/32, minimum buying 17 13/32 T.T., 17-15/32 O.D.
1b.
Mor.
Spot
Mar.
Mary!
July
212-2842
Oct.
2415-2496
Bec
2+1-242
Mar
244%-24%
May
July
Mavi, Growth
Nat Sec. Ser Gr
PAN AMERICAN ANNOUNCES
RESUMPTION OF SCHEDULED FLIGHTS
EFFECTIVE IMMEDIATELY
The industry-wide strike of flight engineers affecting major
U.S. airlines has been settled and Pan American has resumed
schedules. Please be assured that Pan American is once again fully · prepared to offer its usual fine standard of Passenger and Cargo
service to all six continents.
Please call
Current reservations are being fully honored. your travel agent or Pan American for future bookings.
We deeply regret any inconvenience this curtailment of our
operations may have caused you.
We thank you for your patience
and look forward to serving you again.
Alexandra House, Hong Kong.
Tel: 37031
Peninsula Hotel, Kowloon.
Tel: 64005
PAN AMERICAN
World's Most Experienced Afrino
Coming budget
presentation a factor
Wall Street stocks show good gains
New York, Feb. 28.
Late afternoon support carried the stock market
into higher ground today as activity mounted sharply to well over 5 million shares. Money-lending stocks, build Southern Ratiway (Com) sentation affected Ice House Stroot, ing electronics, entertainment, Standard 911 of Cal
The approaching annual budget pre-
Sperry Rand
Itock
and special situations Standard Oll of NJ, this wook with prices in most stocks meiles ne some drugs, cose standard off of Ind ran up big gains although big Steel Co. of Canada declining following the Chinese New Industrial issues lagged behind sterling Drug Cu Year holidays. Taxation rumours caused appreciable drops in the early part of the week, but the market stendied at the end
hnd investors apparently after
"second thoughts" on the question.
The leading issue, Hongkong | advancing in price. At the close Danks, closed at $1,875 yester the undertone was strong. Turn- day, a decline of almost four
over was approximately $8,300,-- 000.00. percent on the closing price re- gistered on Chinese New Year's OVC.
A new share appeared on the slock exchange since the Chine Mall's last report, that of City Hotel which, starting off at $6 shot up to $25 at yesterday's close. The new firm is building a hotel on the site of the former Queen's Theatre.
Among the few stocks to bold
i firm were the Cottons.
Textiles remained steady t 38.15, while Nanyang's gained 10 cents at $13.20, compared with pre-Chinese New Year closing prices.
the
Wheelocks gradual gains over past several weeks were checked, wilir those issues quoted at $12.40 at the close, a drop of 30 cents.
An easy money situation was again evident in the market as volume of business for the week under review (from last Friday to yesterday) amounted to ap- proximately $30,900,000.
The Hongkong Land Invest-į ment and Agency Company Limited today announce that they are offering to shareholders one new share for every five exist
hares. The few shares total 600,000 at the par value of $25 per share. There are 3,000,000 shares already kurd. The company also aroounced "anticipate that the Directors that, in the absence of adverse circumstances, the presunt rate maintained of dividend can be
ing wili
on the creased issued sitare capital",
an
Market diary Friday: The year opened to day as
"ok" strong as Buyers were a little selective and price
WCTO movements mixed. Banky lost 3 Hille
Gas ground,
shares Were stronger as also were Hotels. Lights were
little tusler. approximately
1 Tumover wan
$8,180,000.00
Divided & Bonus announce- ments during the week;
Gilman (Holdings) 2nd In- terim 20% per share less UK, Tax.
Green Island Cement Co., Ltd, $3 & Bonus $1 per share.
Kwong Sang Hong Final $8.00 per sbare.
Rubber Trust Final 45e ver share.
Monday: Tho market was generally casler today, led by a fall in the price of Banks which Anished the day at $1855. A quiel beginning with steady prices was followed by some volume of selling and what buying there was, was selective. Allied Investors and Glans were among the few which held their own on any volume of trading, while the Electric Com- panies marked losses up to $2. Lands, Cements and Wheelocks at last showed "signs of wear" and closed at lower levels, Tho turnover was approximately $0,500,000,00.
WAS
Tuesday: The temporary Iull in the market yesterday shartlived and today opened on- án optimistic note which was well maintained during the day. The Rights to Cily Hotel shares after much hesitancy at last found a quotation at $0 from which beginning a rush of btry- ing pushed them on an un- faterupted surge to $18 before widely the close. Interest was spread and movements were sometimes irregular finishing on balance at a higher level than the previous day. The market enried the day on a strong note with turnover of approximately $8,200,000,00.
Wedatiday: The market was decidedly stronger today, but movements were again irregular, Banks quickly rose to $1000 be- fore easing fractionally closing higher on balance. Gas shared closed fractionally higher an also did Hotels. Other utilities were steady or Belter and the Investment seeiion was silgħlly. stronger.
for half Turnover day's trading was
high at
| $5,800,000.00,
Thursday: Good business was
LONDON
CLOSES MIXED
London, Feb. 23. Stocks made a mixed show. ing in response to widely varying company reports with good gains often matched by sharp falls
industrials
among
active trading.
Bokely-Van Camp. attle.
Proctor and Gamble rose a Stone Webster couple and Johns-Manville overlaker-Packard Corp,
Texas Co. place the Dow-Jones Textron Inc. one to industrial average well in front Thiokol Chem. at the close. General
Electric To Water Oil
Twentieth Century Fox Fum cased off around a point, how-¦ Union Carbide
Ford ever.
up bester Union Pacie Raitway moved
with United Aircraft than in the motors
United Tult tnited Gas Cop. Chrysler ahead a fraction.
Teday's volume was 5,820,000 8. To shares.
Of a total 1,295 shares traded, 048 were higher and 421 lower. American exchange volume was 2.210,000 shares. volume uniounted to $7,469,500. Duw Janies closing stock averages;
30 indue
20 ruils
15 utits
05 stocks
U.S. Gypsum
Line Ca.
V.9, Rubber
IT 4, Smelting Üs. Steel
Boads.8. Steel 7 P.C. PF
Westinghouse Ale Brake Westinghouse Electric Westem Union Tel, Cs. ! West Va. Pelp & Paper
Woolworth ik. w.i Zenith Tadio
054.42 up 2.02
144.91 up 1.05 107.79 up 0.20 221.32 up 0.83
41:4
Closing prices
Abitibi Pwr. & Paper
Allied Chemicals
Altled Mils The
Allis Chalmera
Am. Brake Shoe Am. Cable & Radin Corp. American Cyanamid Co
Americon Airline
Ainer, & Forgn. Power Am, Gas & Electric Am. Home Prod.
Am. Mach. & dry. in American Metal
A Natural Gas American smening Am. Sugar Hef, ... Americans Tel & Tel American Tob....
Shipping stocks sailed ahead with the Peninsula and Oriental giant up nearly 2 shillings to Ampex
unexpectedly Anstondo Copper 45 shillings on fatter profits,
But Unilever Armee Sleet
Asbestos Corp. dipped 3 shillings 10 pence to Allas Cons, Mining Baldwin-Lina-laun. 164 rhillings 4 pance on dis-
Baltimore & Ohio appointment with the results.
Beech Life Savers Bell Telephone Tobacco leadera gave ground,
Beneficiat Finance steels moved narrowly, engineLT- Bendix Aviation Corp. jug equities were irregular. Benguet Cons Electricals, texilies, eincar
stores and Bethlehem Steel Boeing Airplane wille stocks Armed
Borden (The Co. breweries notched more gains on
British Amer. Oll thkeover talk.
Courtaulds shaded with Rolls Royce and Dunlops,
Imperial Chemien Industrles edged A shade upside at 09/1. Wool- worths were unchanged.
Dated gif-edged bonds made more progress but the undated issues were dull. Foreign bands were unchanged.~UPI.
Closing prices
Bell Government Securities 3, Consolidated-£40%,
Convers£50-3/10 xd.
3
3
3. Savings 1913/63-£91-1/14. Savings 1950/70-79%
3, Savings 1905/75-761.
Overseas Bonds
German (Dawes)-ENDPA.
G Japanese Arented-100!5.
Banks de Braurances Barclays Ord-74
d. Chartered Bank-as M.
Guardian Assurance-lady K. Hongkong Bank-£5715. Lloyds Bank-04 C,
Lombard Bankmg Ord-20s 3.
Oits British Petroleum-313 Dat Burmah Olla, K. Пoyal Dutch-£13
Steria & Engineering Dabruck & Wilcox Ord-33x 94. Tube Investments The 1. United Steel-63a. Vickers Ord-20s 10d.
Electric
Asso. Elec. Industries-428, Fiec. & Mus. Industres da FAxial Electric Ord. General Electric Ord- dc.
Industrials
Jd.
Aloe, Portland Cement-71. id. Borax (Holdings)--L, Forestal Land-131 94. Gliman (Holdings) Ord_8%d. Terner & Newall Ord-12 74. Unilever Or-1741 433A. Westland Alteract—10- $93. De La Rue Chemale #d,
Paper Wiggins Teong Ord-801,
Tobnecos British-Amer. Thb. Ordbra 8, Carreras "B" Ord~49 475, Imperial Tobacon Ordubet.
Motor Brith Motor Ord-17% 36. Hawker Siddeley Aed-204 30. Jaguar Care Ondulón,
Ond-431 Tetumpimo 4ijd.
Taxhied
Coat (J. & P.) Dired-46% 7%6d. Courtaulds Ord-434. Fine Spinders Ord-11s Sil. Lancashire Corten Ond-0010154.
KLOTE
Great Univemal
Lyon (J) "A" OR-JO. Marks & Spencer
"A" Ora-
finited Drapery Ord-671 13. Woolworth (F.W.1 Ord-Sis 40.
Miscellaneo
Bowmaker On-24% 9. Hongkong & Cline,
Indo-China Det. Ord-
Tand Securities Ord-214,
P. & O. Start, Nav. Det. -150. Boll Theatres.
ALIDER
Ð1⁄2¢
Tinto (Heart)—£1-1/ Hoan Antelope Copper- Union Corporation-04a pd. Weem Coja Mininale forget. Westem Jalamgesine 196.
maskern a tran
Anglo Indoneses Plant.-43 $180. Ceylon Tn Ondun294. Imperial Tea Cịch-lői 30, Rubia LiveOgr+Kenan-da djún. Lambak Rubberusia da.
-Router.
Exchange rates
Dunner was dons in the local market the
#doctča on the Exchange today although price movements i were again irregular. Vilties, nomes.exand were steady, but the Right to US. deller (per til
morning at the following żæter) buy City Hotel shares rose to i sterling rates (per £1),
·125: Che shafés marked ustralian notes (per 21).. Indanivelan mudah ter 102). TWh päind And Gilmany were
Pam thenie (der 100)....... Sgain done in.quantity steadily I singapore (stekila)
ידם
419
14
23
1019%
8741
11435
71%
HONGKONG
STOCK EXCHANGE
nuko.Correspondent.
Business done at the Hong- kong
13 inorning
14
Stock Exchange
proximately
amourited
quotations rnd
Transactions:
this
to
при
$1,710,000. Noon
the morning's
Bhares Antyer Sellers HK Dank
XD
Sales
#252;
2050 LEDG
10 C 1090
#7
DO 1885
20 1000
444
30 1870
ik Bank Lon.
(21
Rey XD..
Brillen Columbia Pwr.
30**
Lombard
1500 46
Whart
Taikou Dock 731
0222
Calit. Packing Corp Cana. Bk. of Comm. Cana. Brewers Campbell Soup Co. Canadian Pacife R. Cat. Tractor Celanese Corp.
C.I.T. Financial Corp. Chrysler Motors Clustt Peabody Colgate-Painiotive Co. Corning Glass Works Consolidated Edison Consolidated_Paper Consumers Gas Continental Can Continental Oil of Del Creole Pet
Crane Co.
Delaware & Hudson Co. Diamond Alkali Dirtler-Seagras Douglas Aircraft Dow Chemilest Dupont de Nemours Eastman Kodak ...... Family Finance Corp. First Nat. City Bank Fora Melor..... General Dynamics General Electric General Foods General Motors Gen. Pub UID. Gen Tel. & Elec. Gen Tyre & Stubber Getty Oil
Goodrich
B. 7.) Co. Goodyear Tyre
Gulf Ott
Hammond Organ Iran Walker ..... Homestake Mining Co. Human Refrig. "ko Idaho Power Imperial On
Imperial Tobacco Lupersoll-Rand Inland Steel Co, Interchemical Corp, ... Inti e Machines fat) Harvester International Nickel International Paper Int'l Tel & Tel John-Morville Cu. Kalper Industries Kenneoort Copper Lily Tulp Lilion Ind.
Lockheed Aircraft
Loews Incorp.
Lone Star Cement Co. Lorillard P.
Lowenstein & Sons, McDermott J. Xay Merck......
Mesabi Iron Corp. Minnesota Mining Mission Development Monsanto Chemical Co. Montetnery Ward Motorola Dic. National acuit Co. National Owen leg "A" National Dairy Prod.
National Lead a
National Fleet Corp. North Amer. Aviation Northwest Airlines (Com.) Oklahoma Nat. Gas Olin Mahleron Our Elevatory Owen-linols Glase Oxford per Co..... Van American Airways Paramount, Pictures Parko Davis Co. Penny J. C. Co. Philip Morri Procter Gamble Co. PH:burgh Plate Glais Portland Co. Elec. Publicker Industries Pulman Pure Oll
Radio Cerporation Radio Corp. Pref.
L
Reynolds Metal Reynolds Tobacco Hoya Dusch dear. Itaquck & Co. Shell Oil Co. faint er. Paper
4.1314 Scott Paporp.
30.34 | Riemer TRAR ROCONY Mohit ent
fouth Puería, Rigs thre fouthern Natural_da Bouthern Patio Co
20074
7425 Wheelock 32.20 12.30 2000 2
1000123)
1000 ú
1000 12.10
3000 12.20
12.30
14000 12.27)
5.00
4412
2000 A 12.20
BY
Dock
133
134
200 123
30%
100 135
100%
400 or 134
10
Frovident
26.90
43
HK Hotel
10'5 40%
200 + 47
174
2500 or 40
2016 Land..
054%
#4
2000 at 1015
200 80
200 60 87
1300 w 30
1000 0745
2000 + 87
2400 87
100 3744
6:50 8712
2209
100
Yaumati
New
400
IK Tram
.
-35 34
1000
Light
30 30
Electric X.D.
414
C4 Telephone.
સ
457 4015
(New) 4315. 4413
GI" Cement
34%
J
Bass
Dairy Form 345 3422
104
20
4515
Watson
Allled Thy.. 10
10000
10
5000
5712
9000 7 10.20
00 Texture
0.10 8.15 2000
2014 Nanyand,
1000 B.30 15.30 10.40 2000 s 13,20
1 4000 0.03
6015 Anal. flub. 0.000
Rub. Trust 0.10 $.20 1000 0.20
TEL
City Hotel
(Right)
-
Humphrey
Realty
Metal Indust, L., Craw...
སཽ
2000#.15
DG 24%
320
21.80 500 à 2716
2.10 2.120
2.150
2,10
4715
3000 ** 2135
1300 +3.10
2000 04 LAND
UK Ga... 10 10.0 2100 19.20
TIK & TE
Inv.
dainen....
Int'l Inv.
U, W poat
Blar Ferry Bwond Bar
XD
17.30
2.00
2000 10.10
Unit trust
First Hong Kong Fürif;
Buyer Price: Seller Prize;
$14,
$1.31.
10,20