:
Pago
THE CHINA MAIL FRIDAY, SEPTEMBER 29, 1961.
WEEKLY REPORT ON THE HONGKONG STOCK ́ ́ EXCHANGE
AN IMPROVED MARKET
Plus and minus
signs evenly spread
The Hongkong Stock Market improved this
week with prices steady at the close. Trading was irregular at the start but gained ground as the week progressed. Plus and minus signs were evenly spread on the China Mail list of stocks.
New York
cotton market
New York, Sept. 28. Cotton futures remained on the defensive today with trading becoming some what more active as prices dropped back to now lows for the movement,
Closing funge was not changed to off 19 points.
three points. New closed of three to 19 points,
Lombard Wheelock
09
30 g
Industrials gain
London
in
London, Sept. 28.
Business on the Stock Exchange was on a small- scale today but there were fairly general gains in the industrial section.
issues were un
by the revolution in
British Government bonds failed to muster much support and shed minor (metions, AP
Closing prices
The share market `at
a glance *
Up or
Dividend
Aug. 31
Sept. 7
NK Bank
370
Supt. 14
308
Sept. 21
334
Sept. 28
340
Down
Bonus Yield(%)
+12
$60*
3.5
451
45m
401
41n
4036b
50c
$2.25
Oll mining rustied Syria.
12.20
-11.40
11.50
11.20
1116
+300
750
4.7
IK Whart
378x
382*
370
332
3326
--20
3.0
HK Dooki
108
107
117
.107
113
54
2.5
Talkoo Docks
ca
€4
0214
+244
03.20
5.1
Coppers and Lins marked up small plus signs, Golds attracted little attention and drifted | lower.
}
Provident
30
29.00
30
29.30
28,801
$1.90
4.1
IIK Hotels
41
30
40
3814
30
+500
7.8
HK Lands
0512
€6
5914xd
021
$2.40
3.6
BK Realty
UK Trams
2.55 30
2.30xd
2.35xd
2.10xd
2.20
13.750
0.5
38
38
3814
3736
-756
$2.95
5.2
230s xd
230 xd
230n xd
230%
230.
stendy
$10.50
4.3
118
112
114
109
218
+
10.50
8.4
36
30
3014
334
35
+144
01.0
3.1
3817
3034
30034xd
24
3514
4136
B1.70
4,8
4134
4119
42
383
40
+114
$1.75
4.4
61
5844
3712
58
+1
54
6.9
38
364
3014
3214
3546
+9
$2
5.0
50
47b
48n
46H
44K
www.
$2.00
5.4
40
39
3831
3814
39
+500
$3
7.3
13.9n ex all 13.20m ex all 13.40
13.201
12.80%
100
31
7.8
10n
22ex all
10.20. 23.30ex all
9.55b
914
ก.
-300
$1.25
13.0
22.30
21,00
21
-60c
真
4.8
6,80
6.60
0.55
0148
0.10
-400
500
8.2
12
11.70
11%
11.80A
11
-30%
$1.10
9.5
70
72
38
07
$2,80
4.2
24.10
23.30
29.80
23
23
steady
800
3.5
recovered
Hongkong Banks $12 to close at $340, und both
Armness. Electricities showed
of the newer stocks to be quoted, Jardines stayed at $23. but Kowloon Molor Bus con- inued in decine, closing ał $07.
for
The volume of business the 4-day week (Monday was 15 holiday) Vas
about $11,620,000 compared with bent $13,780,000 for 11 previous 5-day week.
Market diary
and
Friday: The begining mo- mised well. Buyers outnumber- ed sellers by four to one, and prices led by Banks rose. This however was short-lived ellers appeared. This may have been due to unfounded rumcuis spread by elements of the Chi- nese Pruss that foreign banks word putting pressure on
Star Ferry
Yaumatic
Ch Light
Electries
JIK Telephone
G. 1. Cement
Dairy Farm
A. B. Walson Lane, Crawford Int'l Invertment Allied
NK & PE Inv
Textile Corp
Nanyang
Kowloon Motor Bus
Jardines
When shares were five times their present value.
*
NEW YORK STOCKS HONGKONG
CLOSE A
LITTLE HIGHER
New York, Sept. 28.
The section of their clients resulting The stock market closed a little higher in less active trading today.
The combination of spot October liquidation,
elec-
STOCK EXCHANGE
Our Own Correspondent,
Business done on the Hong- kong Stock Exchange this morning amounted to approxi- mately $2,110,000. Noon quola- lone and the morning's trans- actions:
340
Shores Buyers Beliora BALON J Bartk..
244 100 342
100 340
higher start were irregular and
aly fractional. Nevertheless
Standard und Poor's 500 Stock interests were the close was fon Carolina spol
throughout. Indes, which represents more buyers of October agalust sales, Turnover
approximately on WIS
of all the 20 per cent at around 57 $2.220.000, of December
actual frading on the New York points. Other Texas spo Wednesday: Today was very Stock Exchange, rose 11 cents interest bought
and Bitle
change wilka sleudy | to 500,58. The S & P 425 Indus- background at prices almost the trials were also up 11 cents to rione, as yesterday's close. Any $70.11.
market opened up five to off in an adverse effect on prices
Orleansmally dictated by the effects The market, was higher at the Roils, utilities, some
The tense international situa- of supply and demand,
following Price start
yesterday's troules and a number of selected | ilon brought caution to the brik rally. "It moved zuil, issues advanced. Cars declined market as reftceted by the lower jrlanges were nevertheless re-
within
higher in the rst after a strike deadline was an- volum limits,stantially narrow and Kinr
the United Aulo but profits were which demonstentes
taken | nounced by
Of the 15 most active stocks, resistance hour,
Union
which creased hedge selling, find an to such pressure, Turnover was starting around noon and about Workers
Is 11 declined and four advunerd. Indiferent demand from trace
with half of the advance was eased negotiating
Ford, Most approximately $3,480,000,
Tennes-Le commission interest ΣΗΓΙΕΣ
transmission gas other groups were mixed, Tuesday: Banks opened the by the close. houses.
The day $14 higher than
Most stocks were well below
colea the volume list, losing 36 al Friday's
Associaled Press rost .50 reacted their best at the Anul minute. Stock Average
to 21% on 14,000 shares. Bruns- The issuance and circulation close and the market
Must
wick was second, up 1% to 61% from 251.40. gans rang delivery with a much stronger tone then [ seven October
or 69,000 shares. Studebaker Bank after a few cents to around one dollar notkes brought pressure on the of late. Price changes
Parkcard was third, off at here, apot mouth.
11% on 36,700 shares, to 3,000,000
General Motors was fourth, 3,440,000 shares of t
499%, followed by Interstate Department Storcs, uff at 33.
December
sold May at 115 points.
Increased southern hedge offerings were
associated with
the expanding harvest, and the anticipation of added pressure as Imrvesting and ginning opera tions work up to a seasonal peat doring the ensuing weelta.
Nel open interest in the spot October delivery today totallest 11.000
The certißented bates. stock remained at 88.652 bales, -UP
mall changes were mixed. In- of 1,232 issues traded. 565 to rest was fably spread and advanced, 429 declined and 230 volume was above recent aver closed
unchanged. New lows The close was steady with for the year totalled 27 against mover approximately $1,800,- 21 new highs.
000,
Thursday: There has been na improvement in the real stack
burdcait market with prices The market closed very steady, ¡yleiding a turnover of
ximately $4,000,000,
Yesterday's Closing
-
The Dow Jones 30 Industrials moved against the trend, off 85
700.28.
Volume fell sliares from}
traded yesterday.
Thi
་
Business news
Argos oll was active and up 14% to 6% un reports the com- business
IOWE Waa pany's assets were for sale, encouraging, It included a rise Certín-Teed, also active, In US railroad freight car gained 1. loadings inat weck and Dr car production increase in US this week.
140 (312
10344
20 342
200
280
··
41
0.30 3200 or 0.10 21.00
330
Lon. Reg. Lombard Ailed Inv. HK & FE Inv, Wharf Ce.. Wise lock
(Old) ... 11.40 11 1000
(Now) 1K Dock..
11.10 11.20
113
1500 175
7003
2006 114
Active loners included Transi- tron 4, San Diego Imperial Provident . 29.40 20.60 IK Hotel .. 391 3944 American
and Motors V
HK Land Sundard Oil (New Jersey) V. Du Pont
Texus fell 2. Instruments 24 and Zenith two. L
KK. Really. Woolworth advanced 14. HK Trom Eastman Kodak 1%. Inter- KM. Bus XD" 67% national Business Machines two Yaumell
Talkoo
€2
43
2000314
_500 41 20.00
3000 37
02 0219
70062
1017 6 (2°
100 62
10702.20
103
33 33 2500
1990
Electric
2015 3072
500
1000
Balt
300
100
20-7
1700
110
4973
Telephone 3!! 40
(ts.) 14.00 14.00
MOREandMORE
PEOPLE ARE OPENING
7%
BANK
DEPOSIT ACCOUNTS
with
LOMBARD BANKING
COMMODITY PRICES
FOREIGN EXCHANGE
NEW YORK Closing rates: England fell
Canada
30-daya SAJ.stay
Austraila.... New Zealan
South Africa
31 3/12
2.6100
2.30GU
2,7890
2,2520
3060 1.4000
Jeů:43 ወዲያ
020110
Denmark
W. Gerranny
2524
Holland
.1038
Switzerland
2310
-UPT
Sweeten
METALS
NEW ORLEANS
Closing prices all in cents per 16.3
SpeR: 33.18 Oct. 34.00; Dee: 25.10; Mne: 55.84: May: 20.27; July: 86.joi Det: 35.14; Dee: 35.25; Mar: 35.41.
LIVERPOOL
and Beckman Instruments 2%. Ch. Light
AP
Closing prices
Akten. Inc. Acy, Allied Chemicalé Allis Chalmera American Alise American Metal
Smetung
TM & Ir Amukan mob. Ansunda Copper
Closing prices all in pence per Armour Ib.:
American Contract
Oct: 24.39; Dec; 14.00; Mar: 29,26; May: 23.7 July: 23.83; Oct; 24.90; Dee: 24.0
Mixed Contraci
Oel: 24.58; Nek: 28.18; Mar: 24.93; May: 20; July: 20.25; Det: 20.30; Dec: 23.30.-UPL
RUBBER
NEW YORK
Rubber futures closing prices,
all in cents per 1b.:
REX
Slenderd
20.80
20.75
23,00
20.70
20,70
20.70
20.70
26.70
Attan Cona, Mining Baltimore & Ohio Bethlehem Steel Cana. Brew are Canadian Parife 1. Chrysler Matung Cutz Cola
Commercial Credit Consolidated Edison Crane Co........ Cuban Amer. Sugar Dupont de Nemoure Eastman Kotak Ford Motor General Rectric General Foods
General Motore
Gelty Ull.....
Goodyear Туте
Gull Dil
In Buslaces Machines
Int'l Harventer
International Nickel
Lari Tel 4 Tel
Copper
Lockheed Aircraft
Lowwn incorp. .....
Closing prices all in pence
Tone Size Cement Co. Minnesota Mining
Montgomery Ward
National
New York Central
Mission Development
National
FLCE."
BK Cas
... 19.70 E20
Gliman Jardines
4.078
15%
Dairy
G.I. Cement 201
351
Walean
|Textile
Nanyah
012 3.40 1000 @ 040 1114
Rubber
1000 @ 12.70 5.00 1000 3.60
1000 5,00
042
ci iuinphray
35. Trust
Elly Hotela,
0.70 6.00
000
31
1000 t 23
Ada Nav..
1.70
01
200.
2475 250.
Rincere Коре
0.10
p008.20
41
*
42
2:00
British Government Securities 2. Consolidated-258 5%. Conversiop~ C$1-11/10, 3. Saving
3. Bavinēs 1900/10-£787/9
3. Baving 1965/75--260, 3. Was Loon-
On
German (Dawer)~EINS. 85. Japanese, Assented-130.
Banks & Insuranen
Barclays Ord=1bs #d. Chartered Vank--20:
Asorenc-49 d. Hangkang Bank—ējā(6) Lombard Banking Ord.—138 1044d. National & Grindley-310 30.** Prudential Assur. “A”-£ 22-1/18. Royal Bank of Canada-2774. Royal Insurance Ord.—43, 1048.
British Petroleun-1 d. Burmah Oil-320 pu Shell Transport Ord-110s. Royal
Viramar mand
Biegi Engineering Babcock & Wilcox Drd-201. Colvilles Ord--636 93. Dotman: Long=291 1lad, Guest, Keer Op-661 30.
Marland & Wolf Ord-171 60.
Box-82# Bel
Steel Co. of Wales 34s 3d. Stewbria Lloyda Ord-klu işd. Summer & Sons Ord-46% 751. Tube Investierta 60s #d. Upiled Steel-da jotha. Vickers Ord-Bröd.
Elecrie
Hongkong & Chine Gu–204.
17%). Ord-21
Land Recurlies Ged-20%, BA. P. O. Steam, Nav. Det--970.
Miner
Anglo American Corp. 8A-11 ɔa.**
Brit, South Africa Co--550, British Tin Investment—37% pd. Compolidated Eine Brd-911 ta.
De Bears Bef=1518 10:48. Lendon Tin Corg—1ón 3d, Mount ---839_30. Petaling Tin-10k 34, Rend lacton-30 101a,
Khodesian Anglo-Amer." Ond-52=
Rhodesian Betection Trust-
410.
Tinto (Detra)–39m 7154, Hoan Antelope Copper-5e3d. Unton Corporation-dos 7340. Welkom Gala Mining-124.
West Rand Investment” Trunk=-42€ d.
"Western Holdings—1184 3d.
Winkelhack Gold Minea-Jõe 101|d. Southern Meloyan Tin—938,
Rubber & Tiss Anglo Indonesian Plant...da Od.
|_ Tes Ord-ála 30. Imperial Tea Ord
34. Kusio Lumpur-Kapong-da 1150, Lembak Rubber 47 Bd.
-Reuter
U.S. INVESTMENT
QUOTATIONS
The following are investments as in American dollars. Buyer's prices Include commission:
Afisted Fund
Ami Dus Show, Atom Dev. Mul. Ord-Axe flought B.
Fiec. Industrius–32a. ge. Television "A"
kham Bound- Electronly
Brit. Inc. Callender Ord-Me 8d.
Eazifah Electric
General Electric Ord-Zin Bd. Philips Lamg
Rediffusions Orde-216-3/33.
Industrial
Portland Cement-ize
Apardman Marden
Borax (Holding)-15a 714d, Decca Record Ord-Bis 04. Dunlop Tubber Ord-284 4350.
tenne Ord--ada sef, Gilman (Holdings) Ord-4 d. International Computera-eza Od. London Ertek Ord-Bis DIN
Unilever LECHENDERI
Wiggins
Ord-fd.
Chemicali
Imperial Chemical Ord—dās 3d, Monsanto Chemienia Org—156 4150.
Cinemas & Television Assoc. Brit. Platures- Bs. Tank Organisation Ord-25 44. Stol Theaucs de $114.
Paner
Bowater Paper Dra-45, Jd. De La Rue 'Ord-01s Rd. Band (Albert E) Ordmals $0. Spicers Ors-428 11:09.
Tobacco
Motor
British-Amor: Tob. Ord-Gland.. Correra
Ord-01 00 Imperial Tobacco Ord-Gls 34. British Motor Ord-13 4d, Hawker Skidgley Ord-204 00. Inguar Ches
Rolls-Royce D
Westland Aircraft-178 d.
Textiles
Bradford Dyers1.
Calico Printers Ord-12x. 7i5d. Cote (JP) Palon & Baldwine-4in tu.
Courtulds Ord-31n lid.
Ord-474id.
Fine Spin 22 TO
Lancashire
Breweries
Distillers Co. Ord-35 11d, Guinen (Arthur) Ord-519 od.. Ind Coope Ord-12s ad,
Stores
Great Universal Ord-52s fid. Great Universul "A" Ord-49a 150
House of Fraser Dri-374 4140. Lyon (1) "A" Örü-9% 4950. Marks & Spencer "A" drú-1024 3dtaler & Lyle Orc459.
Drapery Ord-458 0d. Woolworth KV.) Ord-31# dd.
MileUS
Bowmaker Ord-144 1050. Brit. Commonweal Bhip. Ord.-388 Canadian Pacific Ord H42, Cunard Steamship Ord-is d Forestal Land & Timber-los "se," Furnes Withy Ord-din 34.
Bullvek Fund
Sellers Buyer
4.74 0.11
10.16
Canada Gen. Fd.
10.00
Canadian Fund
18.00
Canadian Int. Gr.
11.25
Chemical Fund
12.45
Comwith Stock
Dividend Shra,
Dreyfus Fund.
Eaton & H. Block
Electronics Tv.
Founders Mut. Fu
Hindi G. HC-7
Inatit Found Inist Growtta Instit Income....
Invert T. Boston
7.10
紅館
0.50
Keystone Cut DB Keystone Canada Miss Iny, Tr Mass Growth
21.06
15.31
18.34
17.83
DAI
20.54
H.14
Nat, Sec. Ser Cr Scudder St. 4 C1 Telov B. Fund Value Llas Fund V. L. P. Wellington Fund
15.44 18.63
IF YOUR TYRES NEED
RE-NEWING
for QUANANTEED NEW-TYRE
SAFETY
G MILEAGE
Send them to:--
HK TYRE CO.
ENA 1472
1' Morrison Hill Road, H.K 2. Opposite Kin, Magistraty,
Youmail.
3. Tonkin St., Shamshupo TYRE SERVICE
Everyday 8 a.m.8.30p.m.
GENERAL
Promium NEW TYRES at wholesale prices
P.O
ORIENT
LENI
LINES
S.S.
ORCADES
SAILING FROM HONG KONG FOR SYDNEY VIA
BOOD 23.10 MANILA THENCE TO UNITED KINGDOM VIA SUEZ.
Exchange rates
EMBARKATION: The ship will be berthed at No.
BAGGAGE:
Business was done In the local SAILS: unofficial
market exchange Morning at, the following rules:- US dollar (per 10****** Sterling notes (ber 1)...... Australian soles (per 41) Japanese yen (per 100). Cambodia riel (per 100), French new frand (per 1)
Ett
0.004 1995 12.00
1.00
15
107
4016
Standard Oil of Ind.
Korea bawa (per 1,000)
Bracia mrzelo per 100) Argentine pa (per 100)
116
102
5.30
Standard Oil of N4,
ition lira (per 1,000)
9.00
Studebaker-Packard Corp.
1
Union Pacife Railway
Nov.
JAI.
Mar
NEW YORK
May
Closing prices all in cents per
July
JU.:
Sept.
LONDON
Lynd
Oct.
2,00
SECURITY Share Capital and Reserves
excoed £12,000,000,
Dre.
10.00 per 16.:
Zine
Orl.
10.50
No. 1 I put Settlement house term:
24%
Ous Elevators
Pacific Gas &
INTEREST Your funde carn interest from the day you deposit until the day you withdraw.
DTC. Cupper Oct.
10.90
Nov.
2471-25
Pan American Airways
Dee.
2016-2312
Primum Pictured
07
20.94
Det./Dec.
2411-2012
Proburgh Plate Glass
Drs.
2004 Jan/Mar.
LONDON
Apr./June July/Sept.
per long lon:
Oct.
SAFETY
NO Capital Depreciation.
ASSETS EXCEED £100,000,000
Interest paid without dedecilen of United Kingdom
Income Tax
Wilio today to the General Manager for your copy of "Bank Deposit Account" booklet No. A.0.374,
LOMBARD BANKING
LIMITED
BANKKRA
LOMBARD BOUSE
CURZON STREET, PARK LANE, LONDON WA
Opine 4113 (10 Joep)
A World Wide Doskva and Pindace Organisation
yers Sellers
Nuv.
Tin
Eslate steps
Apat J-mant Copper
Spot
037
thlu Nov.
Blick Nev.
20-25 25-2515 23-25! 2416-2442 243--20
277
Radio Corporation
$7
Republje Heol
Heynolds Meist
Boceny Mobil Oll
t
2231
3-munth
Lead
Spot 3-month Zine
Spot 3-month
43
73th
7254 -UPL
Ib.
Closing prices, all in sterlingeneral markais, c.lt. base, ports:
COTTON
NEW YORK
Closing prices all in cents per
ib.:
Fgol; 26,83 dom: Dek: 3.20: DEL 34. Mar: 30 May: $0.00: Jutr 201: Wet: 30.4; DC; 20: "Mar
SUGAR
NEW YORK
M.
Closing prices, all in cents per
Contract No. 8 (world)
Nov: 2.071 Mar: 2.77; May: 2.201 July: 0) Sept 281 : Spot(World Averngol: 270. Total Baten: 30 pordratate. Open Interest; did contract,
"Contraet No. 7 (domesits) Nov: 8.01! März 820; July:
Total Bales: 383 contraele. Open Interest: 114 core.
Reynolds Tobacco Ainclair On
Square D ...
Standard Brenda
Standard Újl of Cal,
Swift & Co.
Union Carbide
United Aircraft
9. Gypsum
.. Rubber
Us: Spelling
1. BirelA Woolworth th. W.
Agreed merchant
Awit
rates
Tration
solling 787%UNES
yuen (pem 10)
Thai baht (Der: 100)- Innese kyal (per 10) "Mig | Pakistan rupee (ptr 10)
4334 | Macio patack (per 1)
Norwegian krone (per 100) Philippine paso, (per 3) Singapore Stratia per 1) Bwin frane (per 1
Netherlands Killder West Gerne Bank (per Cuban peso (per 11
702
maxim
UNIT TRUSTS
21.16
Firat Hongkong Fund: #131 (buyor) $1.[B ̈(kuller) **** Becona Hongkong Fund: $7 cents (buyer D8 Fents (dollar)
(per
HEALTH:
Pler, Kowloon Wharf, entrance at No, 6 Gate, Navy Street off Cantón Rond. Passengers should embark between 8 p.m. und 7 pm. on Monday, 2nd October, 1961.
The ship is expected to sail`at Midnight, Monday, 2nd October, 1961, Bhould be sent to the Hongkong & Kowloon Wharf Co.'s Godown No. 2 Gate, Canton Road, between 8.00 a.m. and 6.00 p.m. on Sunday, 1st October, or between 8.00 n.m. and 1.00 pm on Monday, 2nd October, 1961. Passen gers should only take light hand Baggage that they can carry them solves for entering at No. 6 Gate on embarkation.
ALL PASSENGERS MUST BE INO. CULATED AGAINST CHOLERA "BEFORE" EMBARKATION.
SUBJECT TO CHANGE
Agtas
MACKINNON, MACKENZIE & CO. OF HONG KONG LTD.
P. & D. Building, H.K.
Talephone: 95211/D ::
Լ