THE CHINA MAIL,, FRIDAY, JULY 21, 1961.
WEEKLY REPORT ON - THE
HONGKONG STOCK EXCHANGE
PASSPORT
TO SECURITY
LOMBARD BANKING,
LIMITRU BANKENG
LIM HUD MOULI, TONEN STREET,
FARE CAM+ STO
AWiseInvestor Faq
DEPORT PASSDOOK
BANK DEPOSITS WITH LOMBARD BANKING earn a steady 6% laterest he assured Security, without deduciton of United Kingdom income tax. Ask the Manager of your local Hranch of write to the Deactal Manager at Head Olliee for your copy" of "Bauk Deposit Account" Booklet No. ÁⱭ 74
Assets Exceed £100,000,000,
Open a
BANK
DEPOSIT ACCOUNT
wib
LOMBARD BANKING
LIMITED
BANKERS
Head Office:
LOMBARD TROUSE
CURZON STREET, PARK LANE, LONDON, W.1
GRONISTA (30 Les)
A Word-Wide flanking and Finance Organisation
P.O
ORIENT
LINES
EMBARKATION NOTICE
S.S. "ORSOVA".
for SAN FRANCISCO & LOS ANGELES via KOBE, YOKOHAMA, HONOLULU & VANCOUVER.
EMBARKATION: The ship will be berthed at No. 5 Pier, Kowloon Wharf, entrance at No. G Gale, Navy Street, all Canton Road. Passengers should embark between 2.00 p.m. and 3.00 p.m. on Sunday, 23rd July, 1961.
SAILS:
BAGGAGE:
The ship is expected to sail at 4.00 p.m. on Sunday, 23rd July, 1961.
Should be sent to the Hongkong & Kowloon Wharf Co.'s Godown (No. 2 Gate, Canton Road), between 8.00 a.m. and 5.0 p.m. on Saturday, 22nd July, 1961. Passengers should only take light hand baggage they can curry themselves for entering at No. 6 Gate on embarkation. SUBJECT TO CHANGE
Agents:
MACKINNON, MACKENZIE & CO. OF HONG KONG LTD.
Telephone: 85211/9
|
THE MARKET RETREATS
Berlin crisis *The share market at a glance ★
said main conditioner
The Hongkong Stock Market retreated in all sections this week. A clear decline took place on Monday, price changes were small for the next two days, but prices eased further yesterday.
Of the two suses, the touchy Berlin gluation was said to havi the stronger influence on cur- rent prices.
The Berlin crisis and the expected British "credit squeeze" were. said to be the main factors for the downward movement of the market. at prices almost unchanged. Offerings for Wharves were at an appreciably higher Jovel but Other sellors appeared. price changes were egilgible, One stock broker pointed out but the tune was noticeably that the British economie situ stronger at the class than re- tom had its effect on the long-cently. Turnover was approxi- kong market earlier than the mately $5,730,000.00. current week. He said that the
no
Berlin question would now be Wednesday! Trading was the main market conditioner, quiet in this half day session and prices ensed slightly In spile of the news of a rise in
The leading share. Hongkong Banks, went down to $104 yes-London Banks yesterday, Turn-
over was approximately $3,-
1 day, a loss of $10 on the pre- vious week Banks apparently 490,000.00.-
did ant respond to an appreciable rise of those stocks on the Lon-
Thursday: The morning ses-
don market on Tuesday, when i sign, was distinctly dull with prices made an overnight jump From £17 to 18.
The volume of business this week of about $26,470,000 was a bist decrease oli the previous week whenI about $39,770,000.
•
HK Bank Lombard Wheelock 11K Wharf UK Docks
Talkoo Docks
HK Hotels
Provident
UK Lands
HK Realty
IFIC Trams
Star Ferry
Yapnatts
Ch Light
Electrlen
UK Telephono
G.J. Cemesl
Dairy Farm
A. 8. Watson Lane, Crawford
Toti Investment Allied
IK & FE Iny
Textile Corp
Nanyang
Kowloon Motor Bus
Jardines
Dividend
$2.40
June 22 ·June 20
422
July 0
422
4940
B034
414. 50
. 18.90
406
July 19 July 20
414
.404 4936mJ 4814 14,40, ex all 14.20 ex alt 1180 ex all 13.10 ex all 400
406
403
..380
Up or Down
4 Дания
$80* $9.25
Yield(%)
4.8
-700
$32
112
112
116-
117
114
54
5.4
7814
16
15
73
$3.20
334
JB
3434
344
.3916
$1.30
4034
48
4734
471
46
$3
76
35
2434
72
2436
2.775
2.76
2.70
234
3.05
-100
19.180
4234
4234
44
42
$3.05
240
234b
240
246
240%
aleady
$10.50
136
196
135
135
134
$9.50
3734
1794
3814
40
30
$1.10
38
3812
3931
40
$1.70
5739
0014
57
-6716
6534
$1.75
0714
67
ET
GB
54
4014
412
40
42%
41
32
8334b
B3
Bin
La
531
$2.50
6514
5214
10.30
16.30
16
80 10.10
4874
$3.
15.70
750
4.8.
1334
11.20
$1.25
274
28.00
20.40
2419
1.90
90p
3.7
1,80
7.00b.
7.65
7.00
0.01
---700
800
13.10xd
12.89
12.20
12.29b
11.40b
-800
83
83
#1
30
29.40
81% 28.00
80
28.30
-80c
51.10 $2.80** 800
·9.0
3.5
2.8
• When shares were five this their present value.
Expected dividend for year ended February 28, 1961.
HONGKONG STOCK
EXCHANGE
By Our Own Correspondent
Business' done on the Hong- B. Trust Stock" Exchange this city
amounted to ap- Humphreys 201 20.00
$2,370,000. Novn
kung the lurnover was
Market diary
Friday: Humphreys and City Hotels showed good gains, the falter with a rise of 16%. This was Thatched by the rise in Rubber shares led by Amalgo-
Rubbers. nated
Wheelocks were noticeably
113
I
prices easier but paradoxically more buyers than sellers. The afternoon showed a distinct im- Wheelocks provenient fed by with some leading brokers sell- ing at prices 5% above those at which they were buying in the morning. This appeared to cause a general rise all round and the price level at the close was on a higher plane. The market closed at the day's strongest with turnover approxi- | HK Bank .. 102 mately $5,200,000.00.
New drug helps
and quiel Banks were tractiomally easier. The market continued
but freedom of strong mood,
ovement appeared in some Turn- cases to be restricted.
was approximately 250,000.00.
over
$8,-
- Dividend & Bonus announce- ments during the week; H. K. & S. Bank Interim 5/- per share; H. K. & Far Eastern In-A vest. Final 550 per share; H. K. & Fur Eastern New Issue, 1 new share for every 4 shares held upon payment at $15.
Monday: Caution was tin: careful watchword today and
welling controlled the downward movement of prices and kept
to increase body weight
newly developed product "Adroyd". [oxymetholone) has bocn introduced in Hongkong by Parke Davis International Cor- poration.
Adroyd is intended for the in of underwelphi
individuals and
11.706 6x all 11.10b ex oli 1135a ex all
26.40
7.00
7.95 1000 2000
1.85 7.80
Hotel
morning proximally quotations transactions:
Bhares Buyer Sellers Saler
245 28.60
and the morning's
Lane
Star Terry 242
100
240
Craw. 48-501
300
425
HK Mine..
50,000
30
Amoy
Machu Elce.
Ex. Div. 13.50 1435
10 103
Rope ****
50 404
Mutal Indukt
4735 1.05
Kwon Sang
404
Wharf
23 .. 24.70
50 # 300
2000 # 24.70 500 24.00 2000 24.20 30024.00
Whoslack 13.10 1320 2000 13.10
Hong
Constructions 1641 17.10
New York
sugar
Now York, July 20, 500 4 13.40 World No. 8 sugar futures
today closed one to five points higher with soles of 34 contracts.
Domestic No. 7 sugar closed one pofal higher to one point lower with sales of 81 con- tracts,
WALL STREET
*
CLOSES MIXED
New York, July 20, Stocks drifted through a session of listless trading today, showing a balanced mix- ture of fractional gains and losses at the close.
Popular market indicators failed to show a significant trend
fell while volume
below 2 million to the smallest total of The month.
Leading steels and motora showed fractional drelines Although Continental Sicel guined a point. Du Pont featured a narrow chemical list, losing over a point, General Motors rose a small fraction.
Bendix and Texas Instru- ments wero up around 115 aplece in the defence group, but Beckman fell back more than 2. Aircrafts generally steady.
Closing prices
Abitibi Pwr. & Faper Alden Ife. Aey. Algoma Steel Corp. Allied Chemicala Allied Mills Inc.
Human Refrig.
Idaho Power Imperial O
Imperial Tobacco Ingersoll-Itan Inland Stes! Co. Interchemical Corp. Int'l Business Machines Int'l Harvester International Nickel International Paper Int1 Tel & Tel Jahn-Manville Co. Kaller Industries
| Kansas C. Power & Light
iCennocot Cooper Kimberly Clark
Liggett & Myers Tob. Co. Lily Twilp
Litton Ind.............. Lockheed Aircraft
Loews Incorp.
Lone Star Cement Co. Lorbarsi P.
Ray
Lowenstein & Some McDermott. J. McDonnell Aircraf
Merck.....
Mesabi Iron Corp. Minnesota Mining
Marion Development
Moninto Chemical Co.
Montecatini
Montgomery
HK Bank
Lon.
Ber.
299
Allied
Inv.
HK FE
Invest.
Wheelock
(R)...
374
อ
12/
50 400
100402
500 13.20
1000 a 13.20
5000 13.10
500 G
500 13.20
3
3.05
út 2.90
1000
2300 9 3.10 2000 3.05 1270 3
HK no 1137112
Talkou
them within reasonable limits. both mature
treatment Nevertheless the trend down-
clear and general elderly people, wards was
This new product will help HR Ready throughout the market. Hum- phreys and Amalgamated Rut-build body muscle and tissue, bers suffered from profit-takers and replace tissue lost through and lost some of their recent serious, infection
surgery Kains. The market was easy at when taken with
with a turnover of protelo dlet. the close approximately $5,800,000.00.
Provident
HK Hotel HK Land..
75 73%
400
200 & 751% 1000 ve 751)
FOR
or
u balanced
2.55 2.073 10000
New 2013 2.575 Tram/- 41%
2.15 4000 2.475
·3000
1:30
In a controlled study of un- Tuesday: The opening was derweight individuals,
X.M ...... 0 Yaumati Ch. Wight
Br
Electric
40% 401
were
small
dull and early price movements average gain in weight of 3,3 but downwards.s, in ✦ weeks wás noted, Activity increased towards mid-Especially in the elderly, weight day and the market hardened. gains have been shown to be
Bunks were done in volume consistently good.
at steady prices. Telephones
were active and irregular with- Parke Davis Adroyd is readily in very narrow limits, while available in 5 mg, tablets, in utilities generally were popular volties of 15's and 100's.
You'll purr-r-r-r with contentment
when
you fly there Comfortably
with
SWISSAIR
ONLY
SWISSAIR HAS
FULLY RECLINING OLEEPERSIATS FOR FIRST, CLASS PASSENGERD ON ALL FLIGHTS
FROM HONG KONG TO EUROPE
60
010
Allis Chaumors
No refter buying developed today in domestic
interest
An. Brake Shoe
American Airline
reduction in the spot yesterday to 0.33
price Ainer, 4 Furg Pawor
cents
held
40
2012
$41
701
+372
Ward
Motorola Ino.
4255
National Biacull Co.
2512
National Cash Bog. "A"
National Delry Prod.
2316
National Lead
1042
DU14
National Heel Corp.
New York Central
100%
02
4392
341
10%
1103
10.
Pan American Airways
72
Paramount Pictures
4012
Parke Davis Co.
201
Penny 3. C. a.
Pane. But Co.
15
Philip Morrts
Noranda Stines Lid.
Norfolk & Western Hy,
North Amer. Aviniton
Northwest Airlines (Com)"
Oklahanu Nat. Gas
On Mathieson
Olla Elevators
Owen-indie Glass
Oxford Paper Co.
Pactile Gas de Piec.
500 e 133 3000 381.
200 i 30 200 or 30%
600 uz 40% 100 401
Ain, Cable & Radio Cutp
raws following the, two paints American Cyanamid Co.
per A, Gas & Electric
рошкі, delivered, un inter- operator sales,
"--*
Am. flame Prod
Am. Mach. & "dry,
Americon Metal
Am. Natural Gas
American Snelling Am. Sugar Bel. American Tel Tei bulk Ainerican Tob.
Атрок
in the domestic market Gulf refiner late yesterday pur- chased
of 0,100 tons Colombian raw sugar for late July arrival at 0.37 cents 40 pound delivered at New Orleans. This is equal to about 6.39 cents at New York based on freight differences.-UPI.
Exchange rates
Anaconda Copper Almco Steel Armour Asbentos Curp Alius Cons. Mining Bakiwin-Lima-llam, Baltimore & Ohio Bank of Montreal Bank of Montreal Rank of Nova Scotie Beech Life Savers Bell Telephone Beneficial Finaceo Bendix Aviation Corp. Benguet Cont. Hettichern Stegi
Boeing A Co.
Barden
Burroughs Add Machine Brits Amer. Dil
Pitney Bowes
Procter & Gamble Co. Pittsburgh Plate Qlam 33 Portland Cen, Elec. Portland Gen. Elec. Publieker Industries Pullman
Pure Olt
-
Radio Corporation
a Radio Corp. Pret.
Naytheon
Republic Steel
Reynolds Kelas
Reynolds Tobacco
Bunte was done in the toesl unofficial
1000
HK Tel... 55 031
1000
0315
Gas
... 22.00 22,70
51 6 50 100 2200 309, 14, 21,70 2000 22.00
1000 * 22.00
Gliman
Jardines
Cement
00355
2700 ( 22.03 6.00 3.10 12000 5.05 2000 3.00 20.30 20.70 150 23.30
23.3 1400 00
Sterling notel (par A1)
4244
500 413%
$0.00 $112
Dairy
Texille
700
1500 41
500411S
500413
0.95 5000 $7
Nanyang 11:40 1170 3000 a 1870
6.90 1000,00
A.
Rubber
100000
AMERICAN STOCKS & COMMODITIES
WHEN TO
SELL
THE FARES ARE ALL THE SAME,
BERVICE MAKES THE DIFFERENCE
LUXURIOUS FIRST CLASS, SLEEPERSEATS
AND COMFOrtable ésONOMY CLASS SEATO
То
PROTECT PROFIT
Call your favourite travel agent OR ring SWISSAIR
Hong Kong air travel offios Gloucester Building! Tel: 22288, 32002, 32929. Kowloon ale travel office. Peninsula Hotel Rani Arcade: Tel 66787, 65060, 64603.
SWISSAIR
COPSERVE PRINCIPAL
Search Days. PERENNIAL TRADING CORP. #10-010_Bamburgh House Store Xon). zoli kes, thes
morning at the following alexi
dotter (per 917
Rheem Mfg.
BRArk
Co.
492
30T1
exchange market this
291
British Columbla Fw.
Royal Bank of Canada
Calls. Packing Corp.
320
Hayal Dutch
5822
16.11.
Cana, Dk. at Comm.
15.12
Capo. DreWORK
$74
1,40
Campbell Soup Co.
JODIY
Shell
buck & Co.
Canadian Paclite R.
9.30.
23
Case (4. 1.) Co.
2,40
Cal. Tractor
2.00
3,40
$1,00
Dates (per #1) yen (per 100).. Cambodia ret!" (per 100)...
French cow frang (per 11. Indonesian rupiah Iper 100).. Braziling cruzašto (per 100) .. Argentius peso (per 100) Belgian trane ter 100) Korean hwan (pae 1,000) Italian dira (per 1,000) Chinese JMP (per 1) Taiwan yuan (Ger 10) Thai baht (par, 100) Burmese kyst (pue 19) Paklatan napos (per 10)... Stavno palaga (per, 3) Norwegian krone (per 103 Philippine peso (per 1) ... Singapore stralia (per ki Bwin ng ips: 1. .... Motharlanda miilder (per 1, West German Damask (per 11 Cuban peso (per 1)
Agreed merchant
rates
6.50 200
Clan Corp.
CIT. Financial Corp. Chase Manhat, Dank
Chao Manhat. Bank Chrysler Motors
Clubit Peabody Coca Cola ....... Colomil
Command-Paion. Co.
Commercial Credit
Q.v08 Curbing Chase Works 7.70 Consoldated Raison 1.05 Covsolidated_Paper
Canadian dollars, maximura noiling 17-25/32, minimum buy- ing 10-1/32 TT; 19-3/32 OD.
Swiss francs, maximum seli- # 74-3/10.
West German doutech marks, maximum selling 60-3/0.
UNIT TRUSTS
First Hongkong Fund: - $1,at (buyer) $1,40 (»llez), . "
Becond Hoogkong, Wand: 99 \\cente (buyer) £1.00 (#gilar).
Conmimara Chur Continental Cen
Safeway Stores ***Bains Reg. Paper
Beati Paper
Schenley 10.
762 palagler Corp
73140
Sinclair Ok:
als | Smith, Kitne & French
445 Bocony Mobil Oil
04
Bouth Puerta Nico Sugar Bouthem Co. (The) Pid Southern Naturel Cas
Bouthern Pacific Co..
ST1
Southern RaWAY (cou) Sperry Rand... Blanderd Brands 443, #tandard Oil of Cki. 2736 Standard Dii of in
Standard 011 of N3 Bierling Drug Co.
42
Continental dili os Dei.
Cropie Pas.......
04
12
Delaware & Budion Co.
Crane Co.
Crown Hallerbachi
Diamond Atun
Diamond NET
EXISTINTA-Sengrazia
Dominion des Douglas Alcora Dow Chemical Dupani de Komoters Eastern Air Line Eastman Kodak
Paso Natural Can Famby_Finance Corp. Terro Corp. SAN Firesome Tyre & Rubbar First at Cly Tirai Nat City Hank Ford Motor..... Geneca) ynamics
ner Electric
| General Foodr
Chanteras Motors
den. Pub. Unf
Bank
can. Tel & Elec, Gen. Tyre & Rubber gelly Oil***
Gilden te
Goodrich (k, r) Gooigerr Tyra
great Northern Railway Grumman. Aircraft CRATE ȘI Hammond Organ Hervey Newport Corp.
Hronely-Yon Camp. Stone Webster ... Etudebaker-Packard Corp.
Sunshine Mining vi
TERM CO....
Tonal. Chem.
31, TIGO Wear Ou
ENTH | Time inë, k
201 Traders Financu
Travaliera Inc.
105
2014 | Trumpileru Inc.
Tri-Cont. Warenista
Twandwin Century UK Flic
Union Eathifə -
40
431
01160
Union Oll of Cai.
DELI
A51
United Alirati"
Union Paco Rauwer
2434
U.. Gypelit ...?
1010
Untied Fruit
Tinted Gas Corp.
V.B. LUC Co.
Us. Rubber
22 Brosting
17
401
Warner Dre......
Waukesha Mature mo West Ale brska 1956 wakiinghouse iciric
Wrrijā, Valon Tei. Co.
WingaDla dorm Woniwotin, GA WA Lefits Hand