Page
A
NK Bank
Lombard
Wheelock
Yaumstis
Ch Light
THE CHINA' MAIL. FRIDAY, JUNE 16, 1961.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
GENERAL
The share market at
INCREASE
Interest shown in scramble for Jardine shares
glance ⭑
Dividend
& nonus
Yield (%)
The Hongkong Stock Exchange registered a general increase this week, although thore was a little easiness yesterday afternoon,
May 18
May 23
June 1
June 8
June 15
Up or Down
+420
414
408
416
410
+2
$40
52
49
50m
50%
stezur
$2.25
10.80
10,00
10.40
1014
101
stoady
750
IK Wharf
$02
888
380
380
289
4-8
$12
HIK, Docks
116
114
112
110
112
+2
3.1 3,0
Taikoo Docke
7834
73
72
73
7436
53.20
Provideni
34
32
3834
3334
344%
+1
$1,30
FIKK Flotels
47
403
4539
46
40%
+250
$3
FIX Landa
FB
74
73
74
78
+1
*2.10
HK Really
2.77
4.05
8.70
2.76
33.750
Ни Трастя
8914
383
191
4034
+24
$3.05
Star Ferry
204
214
298
238
aleady
$10.50
44
130
135
194
193
130
$9.50
37
37
3044
3716
$1.10
Electrics
374
374
37
31
37#1
+780
$1.70
4.3
HK Telephono
54
=2%
5234
#214
55
+24
$1.75
3.3
G. 1. Coment
00
002
00
0014
0736
+1
寂备
Dairy Farm
412
39
A. B. Watson
48
40
3694 48
85
30
steady
88
60
52
+3
$2.50
4.7
Lane, Crawford
50
51%
5114
606
51
+500
$2.75
5,3
15,70
15.70m
1541
15.10
15.30
+200
750
8
12.40
12.40
12.10
11.70
13
+1.30
91.25
0.0
HK & FE Inv
20.00
20.400
266
£0.80
25.40
+000
000
3.0
The company
Texille Corp
6.30
0.002
7.85
7.00
++do
10.2
Nanyang
14.90
15.10
12.80
18.70
19.10xd
stondy
8
Kowloon Motor Bus
82
BO
7836
1045
BZ
** Expected dividend for year ended February 28, 1901.
* When shares were five times their present value.
Int'l Investment Allled
New York Britain will not
sugar
Now York, Juno 15. World No. 8 sugar futuros today closed five lower to
one point higher with sales of 59 contracts.
Domestic No. 7 sugar closed unchanged to one point lower with sales of 200 contracts.
contract World
and
devalue
sterling
London, June 15.
600
$1.10 $2.80**
3.4
New York cotton
Compared with last week, rises in most cases were
fractional to medium.
in the Interest was shown
Jardine shares quoted on
scramble for
which will soon be
the Stock Exchange.
Applications closed yesterding.
later announced
that the offer for public salo of
at $10
share
122,048 shares was oversubscribed 56 Umez.
There were about 32,000 applications for more than 41 million shares.
meant that This
more tha $450 milion was set aside for Jardine 911,567,160 worth of shares available to the public,
The shares will be allocated by a ballot and the basis of allo- cation will be announced in the Press tomorrow,
Comparison
LONDON
MARKET EASES
London, June 15. The disappointing showing of the May trade figuras took some of the strength out of stock markets to day.
00 a
Now York, Juno 15. Cotton prices softened today
After being quietly firm this In comparison, the Kowloon after early steadiness, but Motor Bus shares which were morning prior to the publication the public ni $58 of the figures, markets tell back overall activity was on tho offered Economic Secretary to the Treasury, Anthony
slaw eido.
share more than a month ago in the afternoon mainly Barber, reaffirmed today that the British
Closing prices ruled up soven were oversubscribed four-and-result of precautionary maring
There was
only little government had no intention of devaluing to off four points. The market a-half umes, the total applica- down.
opened up 10 to off three points, tions amemuing to $230,059,000. selling.
reacted Gill edged securillos The KMB shares 'closed yes- sterling.
New Orleans closed unchanged
small gains were terday at #02 on the Exchange, and carly
of one" He said in the House trading
is well to off five points. of added "the Chancellor
News directly relating to compared with $70% tho pro-replaced by losses
sixteenth to three-sixteenths. In without Commons
a aware of the possibility of an answer
Germans were dull in foreign economy, cotton was construed bearishly, vious Thursday.
Allled Investments and Wat- continued Blow traders question that the United King-overloaded ar
was able develop-dom
to cali on threatening the talance of pay-Including the
the textile trade sons showed the best percentage bonds but Greeks were nearly
the China Mail 15 shillings higher-UPI. reserves which
"fully ments and will net as necessary situation in were
and the more favourable com-ncreases on world spot adequate to meet any speculative to deal with this."-UPI.
ments on the new crop picuto, List.
Allled closed at $13 yester- except for some unwanted rains offerings of attack on sterling."
peak of in Texas and Oklahoma sections, day, after reaching a under that from India
with $11.70 Insects were sald to he ap$13.40, compared country's non-quota US market
pearing in greater numbers, but last week, were not yet considered serious.
proved
Apecial
mixed fenture awalted pot market
ments.
markot
Traders In the
awalted
sugar
alloentiort Reports Indicated
that one or two more freighters move
had been
sugar
chartered to
from India to US pull
destinations, Hatteras.-UPI.
or porty north of
BUY
to
Barber said "the Chancel- lor (of the Exchequer) haa already stated categorically that sterling will not bo devalued and I emphatically repeal that statement now." He said that Britain's reserves stood at £1,037 million
FORD
and
the on
UNIT TRUSTS
Fund: $1.32 First Hongkong (buyer) $1.40 (söller),
Second Hongkong Fund: 00 cents (buyer) $1.05 (seller).
The certificated stock ross alightly
to 09,718 balos, plus 2,350 bales awaiting review- UPD
Anglia
Get your money's worth!
ECONOMY . . . up to 40 mpg.
SHORT STROKE ....
extra long engine life
ROAD HOLDING .
Independent front suspension
DEPENDABILITY ... unequalled parts supply and service
$10,000
INCLUDING FIRST REGISTRATION TAX
WALLACE HARPER &
The boost to Alleda came. from the company's proposat to
10 shares issue bonus shareholders in the proportion of one to every 10 held Allieds have also declared a Anal dividend of 50 cents for the year ended March 31, 2001. bringing the total dividend and bonus to $1.25 compared with $1 for last year.
Hongkong Banks gained, §3 at
$410.
The volume, of business for the week under review (Friday to yesterday) was $20,010,000, compared with $23,840,000 the previous week.
Market diary
was again Friday: Interest widespread and price changes were quite hard to and except in negligible fractions. Banks were popular and ended at the same level as they began. Kow- Joon Motor Bus shares gained a little but were more subdued than the previous day, Lands cornered quite a bit of attention at steady prices, while among the Utilities. Telephones were đone both ways in some volume. Turnover was epproximately $5,300,000.00.
Dividend & Bonus announce. ments during the week: Shang- hai Kelantan 20 cents per share. Peak Trams (Fully paid) 38.00 per share, (Partly Paid) $3.00 per share.
Monday: Wheelocks dominated the scene during the morning session at the Stock Exchange today. Opinion seemed divided as to the attractiveness of the offer of new shares by this com- pany and in spite of a good vol- ume of business, caution was in evidence. Buyers took advantage when the price cased, and put it back to its former lovel at which it remained steady, still waliing to see which way the trend wil bo established. Otherwise Inter- est was well spread, Binks were steady, Buses and Renities did good business at higher levels. The market closed strong with a | predominance of buyers slifi uni- |satisfied. Turnover was appro-
ximately $8,000,000.00.
Tuesday: The market which was quite strong in the maming sprung into vigorous life in the afternoon and closed in heavy trading with buyers bidding in- creasing prices on a vido Trent { but not with any large individual
gain.
KOTKOVNA
Banks gained a little on good volume, Telephones dominated 150 Wit Section, which Ges shares returned to the $22 mark. Wheelocks
Closing prices
Dettish Government Recarities 219%. Consolidated-40-7/10. 34. Con£47. 3 Bavings 1955/05-01-11/16. 3. Savings 1900/20
, Baving 1985/75-73-0/18. Overness Bands
German (Dawes C
Japanese, Assorted-10012.
Banks & Insurance
Barclays Ord-08 3d.
Chartered Bank-591
Guardian Assurance-52 3d Ex- right.
Honkong Bank-182. Lloyda Bank-731.
Lombard Banking Ord.-19s 10d. National & Grindley-300. Prudential Asut. "A"-£2314. Royal Insurance Ord-10 United Dominio
Trust-10
British Patroleum-30%. Burmah Ol1—3 94, Shell Transport Ord-131s 3d. Royal Dutc£44. Vilcamar Company-32 45d.
Blocks Engineering Babcock WBox Ord-31s 3d. Dorman, Lon or
Guest, Keen Ord-80s 40. Harland & Wolf Ord-178 Rd, Stewarts Lloyds Ord-47 14d. Summers & Sons Ord-52s 10d. Tube Investments-70s 10d. Untad Steel-50 Bd. Vickers Ord-34 90.
Electric Assoc. Elec. Industries 10. Brit. Electronic Ind112 d. Elec. & Mus, Industries430 English Electric Ord-35 04, General Electric Ord-34s. Palupe Lamp Work-211.5/10. Redfusion Orda 4120.
Gustment-isa. Assoc. Portland Boardmelding103 102 id.
Borex
hiarden Ord.- Od.
Ord-23 75a.
Decca Records Ord-co Dunico N Gumen
44d.
Internationat Com Id
Tumer &
Ordo 150.
Unilever Or Wallis.
Chemicals
Imperial Chem Ord-71 101d. Monsanto to Frd-22.
Cinemas Television
Moss Empires Ord10s.
New York stocks decline on
reduced
activity
Now York, Juno 15. The stock market declined today on rO-
duced trading activity,
Many carly gainers weakened (Sains Neg. Paper .. In the final hour and just about chenler Inc.
Elcott Paper every group showed forses, the Blegier Corp.
Sinclair Oil tape running late at the close.
Imli, Kline French American Telephone, Texaco, Socony Mobil Qu Du Pont and US Strel sank a Bouth Puerio Itizo Sugar
Southem Co. (17) point or more in the blue chip Southem Natural Gas
Southem Pacing Co... Southern Railway (Com) Sperry and
section Paving the Dow Jones industrial average down around
a couple of points-UPI.
Closing pricos
Abitibi Pwr. & Paper Alden Inc. Avoy.... Algoma Steel Corp. Allied Chemicals Allied Mills Inc.
Allis Chalmers Am. Brake Shoe
American Aleting
콩 마
GT
Standard Firanda Atandard Oil of Cal. &tandard Oil of Ind. Standard OD of N.J.
Stool Co, of Canad
steep rock
a
Sterling. Deug_Co.
Stokely-Van Camp.
40% Stone & Webster...
3% Studebaker-Packard Corp.
| Suzishino Mining
201wirt Oo.
Texas Co. ...
Textrou
Inc.
Thoked Chern,
40% | Tido Water Of
47
404
**
Am. Cable & Radio Corp. American Cyanamid Co.
Da
10% Tune Inc.
Am. Gas
0015
2141
40
349
4335
Am. & Forgn. Power
Electric
Am. Home Prod.
Am. Mach. & F'dry, American Metal Am. Natural Coa American Smelting Am. Sugar - Rer. American Tel & Tel American Tob Ampex
Anaconda Copper Armes Steel Armour
Asbestos Corp. Atlas Соля, Mining Baldwin-Lima-Ham, Baltimore & Ohio Bank of Montreal Bank of Nova Scotia Beech Life Savers 3. C. Tel. Ca.
Bell Telephone Benefelst Finance Bendix Aviation Corp. Benguet Cons.
Bethlehem Steel Boeing Airplane Horden (InO) C Burroughs Add Machine British Am. 03 British Columbia Per. Calif. Packing Corp. Cana. D. of Comed. Cana Brewers Campbell Soup Co. Canadian Pacine H. Case (J. I.) Co. Cat Tractor Celanese
C. I. T. Financial Corp. Chase Man Bank
Chrysler Mevorz Cluett Peabody Cigato-Pulmotive Co. Colombian Carbon Co. Commercial Credit Consolidated Edison Consolidated Peper
Consumer Car
Continental Can Continental Oil of Del. Creole Pet
Crane Co...
Crown Zollerbach
Cuban Am. Sugar Delaware & Hudson Diamona Alkall Diamond Nat'l .. Dialers-Seegrama
Dominion Stores Douglas Abramit Dow Chemical .... Dupont de Nemours Eastern Air Line Eastman Kodak
El Paso Natural Gas Family Finance Cory, Ferro Corp. .............................. Firestone Tyre & Rubber First Na City Bank Ford Motor .... Georgia Pacific
General Dynamites
General Electro General Foods General Motors
Gen. Pub. VI. Gen. Tel, & mer. Gen. Tyre & Rubber Getty ..... Glidden Co,
Goodrich (B. F. Co. Goodyear Тута Great Northern Railway
Grumman Alteraft Gulf Oil....... Hommand Organ
Heyden Newport Hiram Walker....
Corp.
Homestako Mining Co. Husman Retriz. Idano Power Imperial
Imperial Tobącep Ingersoll-Itand
Rank Organisation Ord-30 2014. Inland Stosi Co.... Stoll Theatre-78_1035d.
Рарет
Bowater Paper Ord-Ge 3d. De La Rue Ord-651 94. Spicer Ord-20 d. Wiggins Teape Ord-61 d.
Zobaccos
b. Ord-cla British-Amer. Tob. Carreras "B" Ord-35, Gallaher Ord-4 d. Imperial Tobacco Ord-70s 1. Moto
British Motor Ord-10a fid. Hawker Siddeley Ord-08. Jaguar Care Ord--1009 74. Itolle-toyce Onfinite lijd Westland Aircraft-19s 45.
Bradford D17 Calico Printers' Ord-13 Del. Coats (JF) Paton & Baldwinsda
Courtaulds Ord-35%. Fina Spinners Ord-30 M. Lancashire Cotton Ord-9 4lkd. breweries Distillers Co. Ord34, 104, Guinness (Arthur) Ord-dia 3d. Ind Coope Ord-11s ad.
Stores Grent Universal Ord-00# 9d. Great Universal A ord-50s
10338.
House of Fmr Ord-8t9 $34. Lyons () "A" Ord-021 339d.“ Marka & Opencer "A" Ord-1144 Tate & Lyle Ord—47% 754d. United Drapery Ord-108 36. Woolworth (F.W.) Ord-600 Gd.
Miscellaneous Blowninker Orl-sin solid.
many Commonweal Ship. Ord.-37A |
nitracted buyers but remained stendy at $1830, while Gimana und Tex- |ifies filled the Board at better prices. Gains were gonerat sod the upward trend was onrtablish- ed at the close which reglatered a turnover of approximately | $6,200,000.00,
Wedaonday: The Stock market was very active aroughout the morning with an upward tonder- cy. It closed fra ip stendy with a turnover munionhling to ap- proximately $4,400,000,00.00
Thruday, 'The flock market was somewÉtat Teregular and to- wards the close it showed signi of egatness. The surnover for the day was approximately · $4,240,- '000.00.
Canadian Pacific Ord-4a14. Cunard Beamship Ord=150_674€. Forestal Land & Timber15" Hongkong & China (19 Tutmon Bay Com210. Indo-China Det. Ord-22 Land Becurilles Ord-30s 101, P. & D. Steam Nav. De in.
04.
British Tin Invertident-43# 34. De Longon Pet-1306.
Corp-17 00: Mount Isa-011 $6, Petaling, Tin-11€ (0. Alo Tile theater judos, Roan Aŋlope Cpper- 8. Untoni Corporatiocide 1150. Welkom Ould Mining-1, Western Boltingu~-3ibe SS- Abokans Corp-sts 50,
Anglo Indonesian Plankymuda Dad,
Emperies
Ha Lumpur-Kepong (41).
Peuter.
Interchemical Corp..... Int? Business Machines Int'l Harvester ..... International Nickel Intentional Paper Intel Vel Johns Manville Co. Kaler Induririem Kansas C. Power & Light Kennecott Copper ... Kimberly Claric Liggett & Myers Tob. Co.
Lily Tulip
Lion Ind.
Lockheed Alturais
Loows Incofp.
Lone Star Cement Co.' Lorillard P.
Lowenelzin
Bons.
McDermott J. Hay
McDonnell Aircraft
Merck
Minnesota Mining
Mimion Development Monsanto Chesnical Co.
Monteratini
Montgomery Ward
Motorom ne.
National Bisoult Co. Nations Cash Reg. "A" National Dairy Prod. Naţional Lead
National Bleet Corp.
New York Contral Noranda Mines Lid. Norfolk & Western Ny. North Amer. Aviation Northwest Airline (Com.) Oklahoma Net. Gu Om Mathlesars Otin PlevnÍOTE Owen final glam Oxford Paper Co. Pacifio Clas à Linc Pan American Airways Paramount Picturos Parko Davis Co. Penny 1. C. Co. Penn, Salt Co. Philip Mort|S' Botres
Pit Gamble Co.
I'itteburgh Piste Cine Portland Gen. Klee. Publicker Initia Pulkmen Pune Oll
Radio Corporation Radio Corp. Pref. Faython Hebublic Bu Reynolds Metal
Reynolds' TOUROCD **** Royal Tank of Canada Royal Dutchs ...
Tradera Finance
Travaliors Inc.
Tri-Cont. Warrante
Twentieth Century Fox Fim Union Carbido,
70% Union Oil of Cal
34 Union Pacific Nailway
United Aircraft
ל1104
214
Buy
$0
15%
United FrULE
United Gas Corp.
И.В. Сурить
US. Line Co.
US, Rubber
VS. Smelting
2011 US. Steel
10
US Steel T PC. PF
| Wärmer BrIK.
331% Waukesha Motors
7234
Westinghours Ale Brako Westinghouse Electric Western Union Te!. Co. 51% West Va. Pulp & Paper 54% Winn-Dixie Stores
$814 Woolworth (K. W.) 5012 | Zenith Radio
HONGKONG STOCK
EXCHANGE
Our Own Currekoandjut
Business dong the font- kong Stock Exchange this morn- ing amounted to approximately $2,210.000. Noon quotations and the morning's transactions:
Bbares Bayers Sellers Sales
101
101
7216
4312
HK Bank..
414
410
20410
5 116
kik Bank
13
Lon. Reg.
310
316
Lombard...
60
2171/
Wharf
204
Taikoo Dock 783%
78
700 75
400 GT 75
400 22.30
1000
22.10
2000 21.10
#1%
1100 22.30.
Wheelock 10.30 10 1000 10.40
1000 út 181
0431
$4000 10.40
1300 15.40
43
IK Gao . 23 23.20 2000 21:20
HK Dock Provident HK Hotel
MK Land
Inc Land
Hts
Удіти НК Trem
Ch. Light Electric
Telephone
TD
:::
110 112 349 3515 1500 35
45)
7700 40 F 2016 05047455
49 49%
4014
Ceinent 0716
Ga
Dalty Farm 007%
30
43
Watson.**
Alled Inv..
Textos.“ Amal. Flub, Bub, Trust. UnderwriterI
Хр
40%
100 68
500 G G75%
300 304
1500 B
35 1200 653
200, 5335
13 13.10 0000 13
1000 13
300
13
7.857 2000
600 7.00
-1416
7.90
1000
143
350 15
Realty
2.723 0.775 1000
A
KMB.
Blar Ferry. 030
33000 Now 2.675 163 0000 2,60
01 01% 1520 E 0155
DOO BI
180240 100
10001 50020
Craw... 4015 51
Inti Inv.
Irry.
13
IMRA
.. 1830 1500 2000 at 15.40
29.40
158 +25 B 5,30 2000 gr 514
City Hotel, S3G
Humphreys
2000
25.00
Agreed merchant'
rates
Swiss Francs (Maximum Soll- ing 74-18/18.
Bolgloo Franes (Maximum Selling) 803.
W. Germun DeutschemaiŠKE (Maximum Selling) 08-11/10,
Exchange rates
Iruginosa Wh. Dine Vnndlelit jantotango PONTOR, A the following rutas}
Merkir noten (per (21)__
Sam. Cento" (per 100)
porn (Weite)