7 Page 2
WEEKLY REPORT ON THE
THE CHINA MAIL, FRIDAY, OCTOBER 20, 1961.
HONGKONG STOCK EXCHANGE
WIDESPREAD INCREASES
UK Bank Lombard
Wheelock HH Wharf
HK Hotels
NK Lands
BK Reafty
a glance ★
Dividend
Yield (%)
3.5
3.4
3.3
4.3
* The share market at
Up or
Nept. 21
324
Sept. 28 Oct. 5
340
Oct. 12
Oct. 19
Down
* Bonus
340
312
340
+24
$80*
4in
40150
4in
鲁菜
42n
-+-1
32.25
11.20
11.45
11.90
12.40
4000
780
◊
3528
392b
3:30
330
350
+20
$12
HK Docks
107
113
114
174
122
++8
E
Taikoo Docks
GU
6216
BI
GOT4
04
43
Provident
29,30
8.80
28.10
28.101
30%
+2.15
3814
30
391
394
41
415
93.20 $1.30 $3
7.3
4915xd
税
$114
6-li
0530
$2,40
3.7
2.10xd
2.20
2.20
2.15
2.375
+2216¢
13.75c
6.7
38
3716
3514b
35
37:4
$2,05
5.6
230%
230M
2304
7204
228.
-$10,50
4.6
109
113
110xd
109x0
$0.50
B
35
34342
341,
37
$1,10
3
3514
35
343.
374
31.70
4.5
.
40
40
$1.75
4.1
GB
57
521
#
$4
0.7
3516
34
33
6.6
46.
441 30
4711
47n
46b
$2.50
5.3
30%
384
39
+750
33
7.8
13.20n
0149
12.80%
Ob
12,309
12.18
12.201
+the
$1
8.1
}
9
9,40
+40%
$1.25
23.3
21,00
21
RIN
20.8011
20,8011
steady
4.8
$145
0.10
0.50%
0.15)
6.50
+350
502
7.7
11.80%
111%
11.00
1138
射组
67
79xt
23
23
2312
683xd 23,00
12.20 72
+70c
$1.10
9
4344
32.80
3.0
2414
+90c
80с
3.3
HK Trams
Star Ferry
Yaumatis
Ch Light
Electrics
IK Telephone
G. 1. Cement
Dairy Farm
A. 8. Watson
Lane, Crawford
Int'l Investment
Ailled
HK FE Iny
Terille Corp
Kowloon Moler Bus
Jardines
Nanyang
3314
24 384
57
3312
• When shares were flue times their present value.
U.S. buys more
from Asia
were
$242.688,000
compared
with $231,480,000 h July, and 3262,700,000 in August 1080.
Imports from Individual !entialries in August compared
with July included.
From
Iratia. $18,000,0 Pakistan, against $2,000,000; Thailand. $3,100,000 $3,630,000; Federation of Malayn,
against $23.000,008; $2,500,000
Washington, Oct. 19. United States imports from the Asian area increased in August over July, but the gain was almost en- tirely due to larger pur- $13,600,000 agalust $15,900; chases from Japan.
Singapore-British Borneo, $2,- The Cominerce Department! 600,000 against $803,3000: Indon- anhouneed today that Imports; esia, $14,400,000 against $14,500,- frum Jupan In Augus wevel and; Philippines Republic. $31,- valued at $107,300,000 compared | with $92,600,000 in July. and | Hongkong, $11,500,000 against $10,000,000, and from Taiwan, $110,000,000 la Augus: 1060.
United States imports from $5,900,000 against $4,200,000.- all countries of Asia in August UPL
against $33,200,000;
MADE IN A MOMENT
SPECIALLY BLENDED FOR HONG KONG
43
$2
EQUITIES MOVE AHEAD
IN LONDON
London, Oct. 19.
Market takes on shipping stocks wallowed in a deep trough today
brightest look in many months
while other equities sleamed ahead under bargain-hunting demand and the gilt-edged market showed still more gains.
nlocks
showed
Cunard slumped to 10 sling 7/10ths but undated bonds lings & pence on the Chairman's | stayed in the picture and were warning of heavy tosses this up to 4th Sterling better.
Plantation the abandon- year rather than iment of its Atlantic loer pru- ltle movement.-UPI. ject, while Peninsula and Orien- tal plummeted 3 shillings to new low of 33 stings 0 pence on the board's gloomy earnings foreenst
The Hongkong Stock Market scored wide- spread gains this week and when it closed yesterday it had the brightest upside with electrical equip
look for many months.
Hengkong Banks made a re- covery after mony lean weeks, rising $10 overnight to close t $346 yesterday.
Arnong the firmest stocks were the two Electricilias. Both quad good gains compared with the previous week,
Rosidos irmer prices, volume rose perceptibly.
Yesterday's volume *rese
to
about $7,000,000, the best in 0
Leading autos, steels down
WALL STREET WEAKENS AFTER UPWARD SURGE
New York, Oct. 19.
Late weakness in oils, aircrafts, motors, steels and scattered blue chips took the starch out of an initial upward surge on the stock mur- ket today.
alex
auished
Standard and Poor's 500 fent change. Volume Was stuck
with a moderately eclive and consider moderate gain, while Dew-Jones ably higher than yesterday with industrials showed little sign the tape late at the bell.
NSTAN
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INSTANT
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PURE CO.
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"
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Now Instant Cafe Puro gives you that full rich- roasted coffee aroma and mild mellow coffee taste In seconds. No need to forfeit quality for con- venlence. Try Instant Cafe Pure for that 'quick' cup of coffee. It's 100% pure coffee.
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ALSO AVAILABLE GROUND CAFE PURO
Leading autos and steels were down fractions to a point at the ricse, reflecting fears of another production halt at Ford and a strike at Chrysler. Among the recent oll favourites, Midwest felt more than 4 and TXL over
2.
Boeing and North American reacted to unconfirmed reports of changes in the B-52 and B-70 bember programmes with losses of deeper than 2 points. Bendix slipped round 11⁄2 and other sircraft shed large fractions sympathy.
in
Zenith
full sharply in The closing minutes among the electronics, and IBM, Thompson Ramo und Motorula lost part of their big early gains. Late
selling sent General Tyre down as much as 4.
Utilities boomed from start to finish, paced by Pacifle Gas and Electric with around a 6 point gain ou plans for a 3-for-1 split and a dividend hike.
long time, bringing the total for the 4-day week under re- view (Monday was a holiday) to about $1,280,900, compared with about $9,030,000 for the previous 5-day week.
Among the rensons given for fire brighter market were:
The reduction of tension
in Berlin.
★ Improved
bank
arrangements,
credit
money ★ More
entering Hongkong from overseas.
Market diary
Buykų pashed steel
11
atveks
ments, breweries, texilles nud atores. Industrial teaders Imperial Chemical, Rolls-Ruyer. Dunlop, Unilever, Courtauld nad Ingunr all got their share of the shine although galos Were small.
Best gains a gili-edger went to dated Issues with some jump-
HONGKONG STOCK EXCHANGE
Our Own Correspondent
Friday: The close of Und week's trading on the Stock Exchange showed a reasonable merere in activity and steady prices, which appeared to con- solidate the prices established over the last few days. Buyers kong Stock Exchange this morn 15% continued to outnumber sellers
Cuban Amer. Sugar Ilawale Tucson Co.
16
BOT
43
75
Dad Nat'l
Distillers-Seskrama
......
Dow Chemical Dupont de Nemours
Eastern Air Line Eastraan Kodak,
El P Natural Ga Family Fanes Corp. Perro Corp......................... First Nat. City Bank Ford Motor...... General Dynamies General Electric General Fuods i Generai Motors Gen, Pub. Ut Gen. Tel. Elec. Gen. Tyre & Rubber Gelty Olf Glidden Cu
Goodyear Tyre
Great Northern Railway Gruziunan Aircraft
Gulf Of ....... Hammond Organ Jiam Walker Human Refrig. Idaho Power imperlat On1 Imperial Tobacco Ingeryall-tand
Intand Steel Co.
Intercheucal Cerp
Int'l Business Machines
Jatt Harvester
Internationat Nickel
Int'l Tel & Tel
Kaiser Industries
Kansas Power & LEN Kennecnit Copper Kimberly Clark
103
Liggell & Myers Tod, Co, Lily Tullp
on Ind.
Lockheed Aircraft
Ponewy Theory
Lone Star Cement Co. Lorillard P Lowenstein & Sona
Minnesota Missing
Alferien Development
Business done on the Hong-
which was an effective resisting amounted to approximately unce to any further fall, but $4,880,000. Neon quotations ond their pallence
inex-
the morning transactions were: 2201 | haustible and the rise which
seemed
21uch a situation should bring about still has not materialised, Turnover
was approximately
1001
54
48%
$2,970,000.00.
104 10435
Dividend & Bonus 25ments during the
Hotel 25 cents per
ever the
50
254 30.6.61.
4314
period
Tursday: Today
announce- week; City share, for 10.11.60 to
saw a long
29 awaited trexl of competitive buying and the market respond- td immediately. Gains were 374 marked up on a bread front in the highest volume of business
30
201
a
for a long lime, Banks however lood still and watched a brut market winery the
14% which were Packs,
Shares HK Bank..
Buyers Sellere
งง
Balon
354
20334
180 350
106354
220 or 352
210 or 532
UK Dank
Lon. Heg.
204
30 de 202
30294
Allied Inv.
HK & FE
lav. Wharf
1.45
9.35
20.40 120
100 350
(Old) 12,20 12.90
500 13
7000
4000 & 12,00
5000 17
Wheelock
100 200 1000 e 2,80 3000 * DIS
1000 13,80
12.40 121 2000 12.80
(New)....
HK Dock
321 123 300
leaders of Wheelocka Tele-
utility section.
phones made a good showing. Taikoo Dock 65 sage The market closed very strong
IT
404
and the
3212
50
EZ!?
with a good turnover of B2ximately 4,000,000.00.
::p
D
B2
44
Providen
HK Kate
HK Land
Local P. & P.
Wednesday: The pace of yez- Įterday's advance was held today in a market of activity such as 43 we have not seen for months. 1334 Docks led the advance being Gone repeatedly at $118. Whuel- 4015 ocks improved further and Realty
Telephones and both
attracted buyers at better prices. There was no sign of profli-takingg and the market 2% increased in tempo and prices Tight up to the bell. Turnover for the half day was approxi- Inatoly $4,000,000.00.
03
Trum,
14
Electrics
McDermott J. Hay Marek
4230
70
Monanity Chemical Co.
BIN
3415
Motomia Inc.
National Bleull Co.
001
National Cash Rev. "A"
National Datry Prod.
742
National Lead
R77
National Steel Corp.
Today's volume was 3,850,000 Montgomery Ward
shores
or a total 1,269 shares traded 400 were higher and 537 Juwer.
American exchange volume was 1,470,000 shares.
Bonds volume amounted $6,300,000.
New York Central
Noranda Mines Ltd.
Norfolk & Western Ry North Amer. Aviation
to Norliwest Airlines (Com.)
Oklahoma Not. Gu
Dow-Jones closing averages: 30 Industrial
Oils Elevators
Thursday: The recovery con- 2014 tinued ut an Increased terpa 11% today in spite of some profit- taking just befuro mid-day which caused some alight irre- 2016 | gulur movements. After lunch 3115 trading was almost trankic of congestion
91. 12015 40%
TAG
Owen-Illinois Glam
Oxford Paper Co
25
704.67
Pacific Gas & Eire.
MEL
20 Rails
150.07
Pan American Afeways
107%
15 Utilities
120.22
Paramount Pictures
571
L'atke Davis Co.
65 Stocks
243.09
Penny J. C. Ca.
40 bands
84.02
tip Morri
Comm. futures prices
index
Pitney Bowen e
148.00
Htsburgh Plate Glass Portland Gen. Elec.
Closing prices
Abitibi Pwr. & Paper
Alden Inc. Apy,
Algunia_Steel Corp.
Alle Cemlenis
Allied Mills inc.
All Chalmern
Am. Brake Shoe
Altiine
Ameable & Rautu Corp.
Am.
American Cyangınid Co
Ain. Home Prod.
Am. Mach, &
American Metal
American melting
dry
Am Sugor itaf.....
American Tei & Tel
American Tob
Ampex
Ansconda Copper Artaco Steel
Armour
Asbestos Corp.
Allas Cons. Min Baltimore & Ohio Bank of Montreal Dank of Nova Bentla
Beech Life Savein
a. C. Tel, Co.
Dell Telephone
Benguet Cona,
Haillehera Sivel
Dorden 17h0] Co.
Burroughs Add Machine
British Ainer. O
British Columbia Pwr. Calf, Packing Corp. Can.. of Canan. Cano. Brewein Canadian Pacific Cat. Tractor ....... Calanase Com.... CIT Financial Corp. Chase Manhat. Dank Chrysler Mators Cludit Peabody Coca Cola.***** Colgate-Premotive Commercial Crislit Corning Class Wurka Cunointed Edison Consolidated Paper Consumer Continental CAL.
Continental Oil of Del.
Ctreale Pet ...
Lane Co.
Crown Zellerbachi
40
Procter & Gamble Co.
Publicker Industries Pullman
Pure Ou
Radio Corporation
Radio Corp. Prof.
Haythren
3046
Republie Steel
434
Reynolds Metaf”
201
4514
Reyncids Tobacco
Hoyal Bank of Canada
2012
yat Dutch
1 Safeway Stores
42}
Saint reg. Paper
Schenley Inc.
Seult Paper
301
0722
Biegler Corp.
Sineal Oil,
312
1212
Bocony Mall Oil
100
Southern Natural Gna
South Puerto Rico Bugar
101
40
Southern Pacific Co.
2015
Square jo
4424
Standard
2012
Bandar O of Cal.
容
2922
FR 7114
שתלות
Bondad Ol of Ind
Standard On of NJ.
Sterling Drug Co.
7015 Finkely-Van Camp
0755 Blune & Webeler
Atudebaker-Tackerd Corp.
54
Bumahine Mining
19
Swt & Ox,
40
Texas Co
mi
Textron Inc.
ન
Tico Water Oil
#casiers Pinance
Talokol Cavern.
20% Traveleys Inc.
ony Tri-Cont. Warrants
EX Twentieth Century Fox Fen
24%
On Carbide
34 Union Pacife, Taliwag"
tinited Aioraft
GAL BALLO UZEO United Fruit
U.S. Cyperm
761% 1.8. Hübber DUB D
40% 18.11. izael ja
7316 17.8. See: 1 PG. FF
Warner Brew,
$11 Waukesha Motors d
454 | Westlogfame Air Strike
9111 | Westinghouse Xiecirle
West Ya, Pip de Faper
451
47
Winn India' Alores
Woolworl (K. W
5416 Zenith stadionker
30
516%
1001
Dsi
times causing some
at the board and buyers orders
could not kop up with the
prices which were rising right up to the close, Interest WOR widely spread and all shares
with few exceptions
Tram
嗎
200 13: 700124 900123
6400
30.00 30%
2,325 2.375 26000
2.37
10000 or 2370
$ 2.35 37% 30% 3000 381
400 m 3014 000370 780 38 200377 200 34 100 315
KMB
73 73%
410 73 100 73
Youmati
C. Light ...
113 10
36%
37
HKC Eier...
37 37%
FOX Tel.
como la
TON
43 43%
Turnover was
approximately $7,000,000.00
for uitention.
GT
53b 50%
which is
3.81%
best days.
33
· 2 036
DQ
2416
reminiscent of the
Steel consumers
holdings at recession level
200 @ 1311⁄2 21100 73
000 17 300137 170 374 500 37 1000 on 374
1500
300 1 37% 400 S 2003732
43% 100 43 1200 4311⁄2
(New) (RIS)
10.40
4500 F 43 2000 2 43!4 3500 4392 $344 17 4112 (310 2320 10.30 1200 * 20.40 7000 10.40
1400 * 1930
3000+ $0.30
40 1040
21 10.20
500 or 10.40
300 (21
IK GAR
Aman
... 21.10 21.20
41
132 17 1020 |
1107 18.20
200 18 30
4500 21.37 1600
2037 21.20 200 @ 21.10 2002130 1000 kr 21.10 2400 21.29
20 21.10
- 300 m 21.23
4.30
4.35 4000 €370
24!% 24,70
0000 54,40
2000 sr 4378
3000 $ 4,30 FOOD IN 24.10 BO 24.1
New York, Oct. 19. Inventory policies of steel users are holding back the expected autumn rísa in stool-making, Iron Age ro- ports. Stoel consumers arc holding loss than 12 Jardines million tons of steel, o ro. crision level and about
Cement ....
02 DO Dairy Farin four million tons lost than X.D....... 3391 301% 1500 d 30 stock of the start of 1959.
* 41 0.40 $45 5000 6.45
12 13.40 Although a very mild rise in Am fubber stocks
during Rub. expected
0.54 5.00 0000 0.00 Trust
7.50 2000 1 75K! November and December fittin
1000 7.30 2000 4 714
real accumulation or building of steel stocks is in sight this
be year, Iron Age anys.
10
The failure of consumers 19 build stocks to lovets that used to be considered normal will wipo: soveral million tons of Ateo! from 1001
Walkou Textile Nanyang
City Hotel
Humphreyk Jano, Craw, Int'l v... In Mine Motel Induni Biar Farry. protucijan. AMR Nav.. This threatens the industry's output farget of 100 milion tonk this year. China Special.
Ah, des... JN. LANO Entertainmeni
Construction
Mallancere
Y
125 12.00
គឺ៖ ស៊ុន ខ
0440 M 24,70
30001
Closing prices
Brachi Government_Beeuzliler 2496 Consolidated-pi 3 Converton
Savinge 1933/05/10. 2. Saving 1900/75-
Savings_19£5/76— £701, War Loan-4-1/18, Overans Burda
A. German (Dnwen)—C$3.
Japanese. / AResttech13114.
Banks & Insurance Barcinys Ord-19. Brit. Merchants inaurla ad, Chartered Dusk 47 td. Guardian Assurance-8 Od. Hongkong Batik--£17. Londel Trust das Vil. Lloyds Bank-03 0. Lombres Baking. Ord-13x 71d. Naitonal & Grindleys-31. Prudential Abrir, "A"-£21-15/30. Royal Bank of Canada-202 11oyal Insurance Ord.-42 450. British Polroleum-421
d.
Bunnah Glla Od,
Mexican Engle Ord-uz
Shell Transport Ord-110 Royal Dutch-2UK.
22.
3.
Ultramar Company-23 Alasi.
Steels Engineering
Malenek & Wilcox Ort 214 35. Colvilles Ord
Dorman, Long-27
33.
Guest, Keen Ord-30 3d. Hariant & Wolf Ord--17.
Metal Box-78m 746.
Steel Co. of
Wales -lis Od. Stewarts & loyds Ord Summers Sun Ordan 30.
Tate InvesTAIWAN 15.
United
Vickers Or-205
Diet,
Blectric Asoc. Rice, industries-20s Dd. Assoc. Television "A" Ord-30s 3d. Birmingham Sound 38, Brit. Electronie Ind-10 d. Brit, Ins. Callender Ord-sos 30. Elec. & Mur, Industries-37. Engish Electric Ord28a B General Electric Ord-2G 3, Philips
Hedifusion Works
107
Ord. d. Industrial
-ATA l
Assoc. Portland Card 10,
Boardman Marden
Borax Holding-15, Decca Records Ord-578 34. Dunlop Rubber Ord-25e sick.
Finans Ord-34 1.
Gilman (Holding) Orde 1d. International Computers-89 30. London Brick Or-201. Turner & Newall Ord-374 415th. Unilever Ord-3508 Od. Wiggins Teape Ord-335
Chemic-306 115d-
d.
Imperial Chemical Monsanto Chemicals Ord-139.
Ciriems &
Assoc, Brit. Plentovissed.
Bank Organisation Ord-20s 415. Slo Theatres Od.
Paper
Bowater Paper Urd-442.
De Lue Ord-178 30.
Reed (Albert E) Ord42 8, Spleers Ord d
Tobaccos British-Amer. Tob. Ord-60s 46. Gathiher Ordes DC. Imperial Tolnece Ord-87a Ju.
Mutors Des Motor Ord-13m 1%.
tawker Siddeley Ord-2010,
Cars Ord-118, 150,
Jace Orch-195.
Westlund Abrerait-108.
Textiles
Bradford Dyers-11s 34. Calleu Printers' Ordi 10:5 Conta (JP Paton & Baldwins. Courtaulds Ord-3.
Fine Spinners Ord-22
d.
Lancashire Cotton Ord-46 415.
Breweries
Distillers Co. Ord-30 Gunners (Arthur)
Stores
Ind Coope Ord-14. Crest Universal Drd-02. Great Universi* "A"
10d.
Hause of Fraser Ord-36k Lelbiga Extract 100.
14.
Ord-478
Lyms (3) "A" Ord-eshitd. Marks de Spencer "A" Ord1008. Tate & Lyle Ord-422 9ti. United Drapery Ord-40s. Woolwort
Ord-011.
Bowmaker Ord-14s 4dr Brit. Commonweal Bhip. Ord-3 7ed."
Canadian Pacific Ord-$4324 City of London Real Prop-721 €1
Cunard Steamship Ord-15 0. Forestal
de Tinibor 18 d.
Furg Gri-ala 2015.
Hongkong & Chinn Cos-1. Hudson Bay Co-415 Indo-China Def. Ord-201 Jul. Nickel of Canada-$14012. Land Securities Ord-27% 9. F. & O. Steanz Nuv. Det. Ga. Atines
Angio American Corp. BA-1311
30.
Ayer Hitam Tin Dredging-lo Sch Bancroft Mines Ord-30s 1010. Bri. South Africa Co-01. 3. British fin investment-10 Consolidated Gine Ord-Bü
Da Jders Def-130s 411⁄2d, Free State Geduld-Bis 7. London Tin Corp-2016. Mount Isa=-548. Pelling Tin- u. Penaldent Brand 45%. Fland Belection
du,
Rhodesian Anglo-Amer. Ori-12s. Rhodesian Holection
ithakana Carp,438 2, Rio Tinto Bearer)-Jas 4d. Roan Antelope Copper-51144. Union Corporations 1156. Welkom doit Mining-124 44, West Band Investment Trust od. "Western 1oldings-11de ad, Winkelhaak Gold Mines-1 Southern Malayan Tin-25%
Rebber & Te
%d. .
Anglo Indonesian Plant-48 135d. Ceylon Tea Ord-20 d. Imperial Tea Ord-70s GJ, Kuna mts 101d. Lambak
+Reuler.
Exchange rates
Buntem
mufflelal
was done 11 exchange market.
morning at the following raton:
200 3012
1000 or 10
UB tollars tear I
300 or 0%
COD r 18.30
1000
te
1200 (2.10
local
this
Sterling nales (per £1).... 19.01 Australian notes (per n ..
12.55
:140
1.12.
1.00
$30
....
Japanese yen (100) Cambodia Flet per 100) Froneli new. fratio (per 1)... Brazilian cruzeiro (per 106); Argentine peso (bar, 100) .... Korsan Nwan (De? 1,000) Italian Hire (per 1,600) Chen JMP" (per 3): Taiwan yuen (per 10) Thai baht (per 100)** Burth kyat (per 10). Fakinten rupee pee 10) Mocno patac toer 31 y Norwran Krons. (per (00) ..... Phillpeme pe (per 11 ye ngapore fittalls (per 13 1.4. Awim cruris per 1) ZEN. Netherlands Rulideze toes, i West German DaMark (pwe, 1 Cuban paso (per 1). 699.
C