WEEKLY REPORT
THE CHINA MAIL, FRIDAY, NOVEMBER 10, 1961.
THE HONGKONG STOCK EXCHANGE
Industrials move forward in
UPSURGE ON MARKET London market
Extensive gains in heavy trading
The
upsurge
HK Rank
Lombard Whenlock
BK Whart HK Docks
Taikoo Docks
332
41
11.90
3.30
+500
$1.30
$3
The share market at a glance ★
Up or
Oct. 12
Oct. 18
Oct. 20
Nov. 2
346
332
354
Nov. 9
1360.
Down
Dividend & Bonus
Yield (%)
44412
360"
L
42n
420
419h
$2.25
12.80
12.50
12.80
750
350
340b
348n
354
$12
114
122
182
125
60%
64
65
001
71%
+3
$3.20
Provident
28.10n
3011⁄4
302
29.80
314
+1.45
HK Hotels
3941⁄2
41
41
412
43
+13
HK Lands
6114
68
714
7414
+3
$2.40
HK Realty
2.15
5
2.275
2.275
2.225
18.750
Stock
НК. Trams
35
37
38
384
8912
+14
$2.05
226%
228s
2288
22417
2204
2181
-2
$20.50
108xd
117
116
116
121
+5
$9.50
Electrics
444
37
374
38
41
+234
$1.10
344
3714
38
2814
+2%
$1,70
HK Telephone
38%
43
43
434
4514
+24
$1.75
G. 1. Cement
5712
61
62
64
$4
Dairy Farm
331/2
35%
35%
354
STM
+2
47n
46b
4734n
47
494
+234
38.50
384
29
30
39
391/
12.10b
12.20b
13%
12%
23.20
*70c
9
9.40
9.201
9.25
9.90
+650
20.601
20.800
20.40n
20.400
21
+6&c
$1
6.15b
8.50
6.40
84
6.20
50
1140
12.20
11.60
12.10b
12.40
+80c
$1.10
683xd
72
13
721
7734
+5
$2.80
23.60
24%
24.20
24%
24.60
Boe
on the Hongkong Exchange this week was the strongest in many months. Gains were extensive and the volume of business of about $31,610,000 was double that of the week before.
The Public Utilities stood out in a market that saw attention focussed on all sections.
Both Light and Electrics went from strength to strength, closing yesterday at their prices for the week.
best
For the second week running, Lights were transacted at alightly better prices than Elec- tries, a reversal of the normal pattern.
Other gainers included Trams, Telephones and Kowloon Motor Bury.
Best rise
Buyers also showed interest in Allied Investors, pushing the price up to $9.90 at the close This was the best percentage rise (seven percent) for week of all the stocks the China Mail list.
Monday: The week opened with a battle of buyers Jacking up the level of prices and mark- ing up a volume tapping the $5 million
before mid-day. k
con-
Banks reached $370, Docks were done at prices up to $124, Yau- matis touched $121, while Jar- dines weni to
top price $28. of
Telephones tinued their advance, the "Rights" reaching $17.80 with only five days to go. The market closed buoyant and strong with turnover of $8,940,000.
Tuesday: The market was rather irregular in the morning with a slightly easier tendency.
Immediately after the opening of the afternoon session the trend reversed and the tempo the rose at the close. The interest shown on was widely spread and most see- tions came in for a fair share of business. Humphreys closed at $26, Lands at $72%, while Docks were done steadily at $123. Turnover
was approximately $5,120,000.
Hongkong Banks gained
on Monday to hit a peak
$19
$370 during the week but cased
a little after that to close
al
$389, still a $12 gain compared with the previous week.
The next best percentage rine was scored by Kowloon Bus shares (6.9 per- Motor
end) which closed at $771% yesterday
compared $124 the previous week.
closed
a
with
Wednesday:
Star Ferry
Yaumati
Ch Light
A. 8. Watson Laus, Crawford Int' Investament Allied
HK & FE My
Textlle Corp
Nanyang
Kowloon Motor Bus Jardines
• When shares were five times their present value.
HONGKONG STOCK
EXCHANGE
By Our Own Carrespondent
Business done on the Hong-¡ Yaumati kong Stock Exchange this Ch. Light morning amounted to ap- Noon proximately $5,940,000, quotations and the morning's transactions:
Shares
.The buoyant HK Bank trend continued today on the HK Bank stock market in spite of some selling which was quickly ab- sorbed by the avid buyers. Tele- phone
Rights were very popular at steady prices. Kowloon Motor Bus were strong at very good volume. The market closed at its most powerful with a good half day turnover of nearly $4 million.
Market diary Friday: The market today
firm was
and
at with its
board strongest
Thursday: The volume topped full of buyers. Talkoothe $10 million mark in one of reached a record $894. Lights the most active daye of the year. were dope at $39 passing Electric at the close. Telephones The up- were in great demand. ward surge was well spread and competition was keen with un- satished demand at the bell.
119
120
·
41 401
Buyers Bellers
. Sales
300 370
840 308
25 a 308
Lon Reg. Lombard Allied Iny. HK & FE
Σην.
Wharf Wheelock
XD
*B2
9,50
21
290
150 289
Electric
40 40%
10 3000 9.90
500 0 21
2000 e 21.10
304 360
12.70 12.80 20300 € 18.90 Telephone
126 1000 126
200 71%
31 31% 3500 31
Gilman Jardines
:..
400
3000
2100
3540
500 407
65004034
4700 4034
100
1000 4.40%
1000 & 30%
200
2000 40% 2000 41. 1029 0 40%
2000 € 40%
100 @ $339
4514 451%
3701 € 154% 180 16
2074 @ 18.10 740 18.10 1000 18
40%4
+100
$1.25
500
*****EUNESCERN AD-ONCERES"
New York stocks decline on
reduced volume
New York, Nov. 9.
Stocks suffered a moderate reversal on reduced volume today, ending a string of seven con- secutive advances.
more
The decline W89 somewhat Jones and Laughlin.
pronounced in the blue Kaiser Alum
Dow-Jones Average than
chip
500
Industrial Kens Pwr and Light
Kemmecott Copper in the compre- Kern Country Land hensive Standard and Poor's Kimberly-Clark
KVP Paper reflecting sizable losses in Liggett and Myers such shares as Du Pont, East-Link Belt man Kodak, Texaco, Johns-lly Tuilp Manville and Chrysler. How-Litton Ind.
Lockheed Alierafi ever,
U.S. Steel and Alcoa were Lone Star Cement strong.
Lorillard P
Mellory
300 17.90 Oils, metals, drugs, utilities, Lowenstein M and Sons 21.70 21.80 400021.80 building materials, steels and
Mays J. chemicals were all mixed, cars McDermott
1000' 21.60
4.275 4.329 21000 4.30
25 25.10 100 24.80 and tobaccos "looked
2000 12.30
(Old)
2000 ₫ 12.90
5000 13.90 6000
1280
(Rts)
HK Dock
Tatkoo
123
2:00 & 125
70 731%
B00 - 72
B00 G 7135
HK Cas
Provident
+
1000 6
1500
HK Hotel
43
44 500
500
346
75 1000
2700
304 302%
Java Consol
5c. per share.
Dividend & Bonus announce-prices rose on a wide front with
the exception ments during the week:
of Banks which HK Realty Estates Ltd. were slightly easier Turnover
was approximately $10,500,000.
2.225
BOO
24 10000
500 or 2
Ceinent Dairy
65
37
37%
HK Tram
Lights and Electrics provided the main feature with an enorm- ous turnover at prices over $40 HK Land for the whole day, Telephones and Gas made good advances the Rights to the former all but
Turnover was approximately touched the $18 mark. All sec- $7,050,000.
tions came in for attention and Local P. & P.
1100 Ģ
(New) 2125 2125 150 @ 19
1700 4013
7006404
200 40 Watson
1000 402, Textile
300 or 40
Nanyang
and cosmetics
10024.90 irregularly higher.
100 g 24.70
500 & 20:10
1900 @ 26.20
6000 @ 23
1000 25.10
easter, McDonnel Alteraft electronics Mcgraw Hill
Closing prices
2600 25.10 ACF Inds
-1603 25
500 20
Air Reduction
Aldens Inc
150023.10 Allied Chemical
500 à 23.10
2030 20 65
300 37% 500 374
B00 67 39
40 @ 37% 166333
COR 371% 1000
Allied Mille
Arus Chainvera
Alum Ltd
Alum Co of Amer Amer Airlines
Amer Brake Shoe
Amer Cyandamid
Amer Elec. Pow
Merck
MOM
Mission Development Mosab Trust
Monsanto Chemical Montecatin
3419% Montgomery Ward
63 Motorois
National Biscuit
$4 National Cath Register 4276 | National Dairy
214 National Dist
National Lead
National Stee
20% New York Central
Norfold and Western
45 North Amer Aviation
Northwest Alfines
4145
373%
109%
48
1491
454
14
5734
43%
37
London, Nov. 9. Industrial stocks swept into the plus column to- day, thus consolidating yesterday's advance helped by Wall Street's performance, 55%
Government bands got off to;
a good start but later slid to finish regularly Hirer,
Stepped-up buying in
market short of stock sided the gains which often were aroutað
one shilling. Steels shore and most blue chips took to higher ground although gains among
the leaders were small.
The Un
Unilever "twins" fnched
higher on the interim dividend while Dunlop Imperial Chemi- cal and Woolworth added fractions,
British Motor Carp were very firm la motors
Marking up tactics put gold
the
mines bigher at first, but little trading developed and counters cased. Lead and zines stayed on lower levels while tins and coppers were mainly unchanged.
Dollar stocks surged upwards. -UP?
Closing prices
British Government Securities 35% Consolidated--@3914.
3%, Savings
3%. Con3/65-R
3%, Savings. 1960/70-280-7/16. 3%. Savings 1995/75-£729. 35%, War Loan-252-9/18.
Överauan Bondi
5%. German (Dawes)-2b8.
5%, Japanese, Assented-R 1527%. Banks & Insurance
Barclays Dk-529.
Chartered
Guardian Asaur
Hongkong Bank-
Landel Trust-518 38. Lloyds Bank—665.
Lombard Baaking Ord.-13 450. Pridential Assur. "A£25-3/18. Royal Bank of Canada-£271. Royal Insurance Ord-448 10 d.
On
British Petroleum-4s. Buttban Ol~34. Shell Transport Ord-115% ed. Royal Dutch-42-3/16. Ultramar Company-25% 710.
Steels Engineering Babcock & Wilcox Ordis 9o. Dorman, Long-26% 6d. Guest, Keen Ord--823 6d. Harland & Wolff Ord-13 10. Steel Co. of Wales-348
Stewarts & Lloyds Drie-40% $0. Sumner & Sons Ord#43% 11⁄2d. Tube lavestments 662" Bd. Ualled Steal-428 84. Vickers Ord-258 1011⁄2d.
Electric
Assoc. Elec. Industries ––329. 60.
Ord--300 Assoc. Television "A"
Birintagham Sound--40 d. Brit Electronic Ind.-10% 116d. Brit, Ina. Callender Ord-56a vứt, Elec. & Mus. Industries--360TM 731⁄2ch. English Electric Ord-291. General Electric Ord-279 30. Philips Lamp Works-10-25/38 Redfusion Ord40s.
chain many in Industrials.
Amber Fortiend Cement-Bis 450 Boardman Marden Ord-1120. Botar (Holdings)---168.06.
Decca Records Örd-Gla Bd.
Dunlop Rubber Ordeď, Prisonai Ord-9ks; dda
filmen (Holdings)-Ord--ës 11⁄2d. International Computers-09 30. London Brick Ord#678 Turner & Newall Ord,-30s 34. Unilever Ord-424) Wigela" Torpe Ordulás ter
CINEMATERŽI...
Imperial Chemical Ord~42 1944. Monsanto Chemicals Ord§ 30.
· Cinemas & Televisión" ABBOC. Brit. Pictures 49ER!ith, Ronk
-10150. Paper Bowater Paper Ord-489 36. De La Rus Ord-40s 0. Spicers Ord40a.
Tobaccos British-Amer. Tob. Ord-60s ad." Gallaher Ord--39s.
Imperial Tobacco Ord-63 4.
Motors
British Motor Ord-142_ad.” Hawker Siddeley, Ord-2 49%. Jaguar Cars Ord=124%. Blyď, Rolls-Royce Ord—389. Westland Aircraft-17s 3d.
Textiles
Bradford Dyers'—12k 45a. Calico Printers Ord-12s 45d. Conts (JP) Paton & Baldwins-41a
6d.
Courtaulds Ord--30s 6d.
Pine Spinners Ord-21 3011⁄2d. Lancashire Cotton Ord-488 ect.
Breweries: Distillers Cord-319 10:54. Guinness (Arthur) Ord-635. Ind Coopa, Ord-14# 450.
BioTes
64.
ød.
Great Valversal Ord--548. Great Universal "A" Ord--49s. Lyons (7) "A" Ord-71s 3d. Marks & Spencer "A" Ord-3034
Tate & Lyle Ord-97a 4kd. United Drapery Ord-478 3d. Woolworth (FW.) Ord.-62% 47%d. Miscellaneous
Bowmaker Ord—118,
Brit. Commonweal Ship. Ord-20s
Canadian Pacific Ord-$43. Channel Tunnel-28a 6d.
City of London Real Prop.---77a. Cunard Steamship Ord-138 72d, Forestal Land & Timber-10s 7%d. Furness Withy Ords 3d. Hongkong & Chinn Gas--239- .id.
Indo-China Del. Ordens,
Lond Securities
P. & O. Steam Nay. Deti-286 Figs.
Mines
Angio
413d.
American Corp. SA 198
rit, South Africa Co.-599. British Tin Investment--178 714a De Beers Def-143% 111⁄2d. London Tin Corp.10% 4124. Mount 11-33s 90.
$4.
Petaling Tin—88. **
Rand Selection, 422 Bd.
Rhodesian Anglo-Amer. Ord-56a
Rhokana Corpo-dia Gdnies Rio Tinto (Bearer)- 1dis Roan Antelope Copper® 15160// Union Corporation—får 2056d #127 Welkom Gold Mining-18: 412day West Rand Investment Trust S gd.
Western Holdings-11Es Od. Southern Mälayan Tin-ks.
Rubber & Toas Anglo Indonesian. Plant-is 41⁄41⁄2d. Imperial direkt 30, Kuala Lumpur-Kapang--29 71ijd. Lambak Rubber-469 1011⁄2d.
-Reuter.
The Hongkong & Yaumatt Ferry Co., Ltd.
TIMETABLES FOR OUTLYING DISTRICTS FERRY
SERVICES
In force on and after 12th November, 1961.
CHEUNG CHAU FERRY SERVICE"
Leaving CHEUNG' CHAU for HONGKONG
**
Wilber St)
(Va SMB. & Peng Chau)
Direct
(Direct)
và Sure. & rung chuy
(Direct)
Leaving HONGKONG for
CHEUNG CHAU
6.10 am. (Direct)
4.00 am. (Vandberdeen to pla
8.35.
Vin Beug Chau & S.M.B.) (Direct)
6.40
B.08
Vi Feng Chau & S.M.B.J
7.30
71
44
10.00
*(Direct) DES
9.00
ir (Vis SMB. de Peng Chauj
11.00
(Vll Peon Chau & SILE
10.15
1415
11.30 .. (Direct from 17ilmer Stj
11.00
Ja
37%
49
Amer and For Pow Amer Mach, and Fdy
BCiclabioma Nat Ga
52.00 nicion (Direct)
11.20
394%
Or Mathieson Chem
1:30 pm. (Direct)
0.15
1000 0.10
12 12.70
Amer Metal Climax
331
OH Elevator
Owen Illinois Glass
2,30
1.45 (Via Peng Chau & 5.M,B.)
Ddrest)
2.14
17
Oxford Rever
4,00
(Via Peng Chau & S.M.B.)
3.4%
"
Amer Smelting
64
Paddle Gent' "
00
(Vis Aberdeen from
4,00
Pacific T and T
Wumer St.)NKAREVA
5,16
Amer Tel and Tel Amer Tobacco
Romam Always
6.45
Wịa Peng Chai. & S.M.B.)
6,00
6.00
Directyou.
7.20
10 BULB B Hạng Chau)
Direct) Chau & BMB)
8:00
(Direct)
9.20.
(Direct)
6.95 52 2000 @ 6.10
G.50
Amier Nat Gas
Amer Photocopy
Amer Sugar
2500 40
A. Rubber
2500 394
R. Trust XD
K.M. Bus
776
78
500 G 78
Amoy
6.45 45
200 78%
Sincere
100 & 78%
100 79
200 @ 79
500 & 7814 200 78 1000 @ 7735
City Hotel
Emporium. 12.20
Construction 17.60
Sunggla
3.00
39
ני
1.30 pm. (Direct)
יי
(Via S.M.B. & Peng Chu)
Direct to Witmer St.)-
ILA EM & Pang Chau
Dirett)
(Via S., Be P Chau)
(Direct)
MORE and MORE
PEOPLE ARE OPENING
62
BANK
DEPOSIT ACCOUNTS
with
LOMBARD BANKING
SECURITY Share Capital and Reserves
exceed £12,000,000.
INTEREST Your funds earn interest from the day you deposit until the day you withdraw. NO Capital Depreciation.
SAFETY
ASSETS EXCEED £100,000,000
Interest paid without deduction of United Kingdom
: Income Tax
Write today to the General Manager for your copy of “Bank Deposit Account" booklet Ng, A.0.74
LOMBARD BANKING
LIMITED
·BANKERS --
LOMELAND, HODIE"
CURZON STREET, PARK LANE, LONDON, WA
CROMAM 4311, 110 khan) (97) wildvilia Bankweg and P'trande. Organitzt kom
Exchange rates
Asia Nav...
Metal Ind.
local Sh. Dock
Business was done In the unofficial exchange market morning at the following rates:-
US dollars (per $1)
this Sh. Land
5.672
Cald. Macg.
300 F 38%
Sa 39
200 * 391% 1000 26.30
Humphreya . Lone Craw.
25 201
1950 @ 3915
1000 39
1000
200 307
1000
3.05
Invest 13.10 14.40
3000
13.20
Stur Ferry.
*220
Hope
2.35
Macao Elec.
141
2.20
✓002
(Ord)
54
Sterling notes (per (21) Australlan, 'notes (per £1
15.77
Java Consal.
12.66
X.D.
35¢
Japanese yen (per 100).
1,5D
French now frane (per 11..
1.33
Brazilian cruzeiro, (per 100).
1.00
Argentine peso (per 100)
Korean hwan, (per 1000)
4.00
8.00
126
28.70
Prices
·0.903
Italian Iza (per 1000) Chinesh JMP (per 1). Taiwan puen-(per 100) Thai Baht (per 100) Burmese: kyat (per, 10) Pakistan rupee (per 10) Maceo pataca (par.1) Norwegian krozie” (pèr, 201
Philippine peso (per 1), Singapore Straits (per 1) Swiss franc (per 1) Netherlands guilders (per 1 West German D-Mark (per:21. Cuban Pont
OMINICAN
d
STOCKS & QONOMIT=FS
TECHNICAL
ANALYSIS
CHICAGO GRAIN
Chicago, Nov. 9.
Ampex
Anacorida
Атто
Armi
Atlas Cons Mining Baldwin-Line-Hamston Baltimore and Ohlo
Bath Indu__ Worke Beecrout Lite Bayer
Bendix Corp
Beoptola) Finance
Banquet Cons
Beth Steel
Blaw Knox
Boeing Airplane Bardezi
Borman Foods
Burroughs Corp.
Calf Farktog Campbell Soup
Canaan Brewerter Canadian Pacifis Carrer Corp
Caterpillar Tractor
Celabode, Ca
Chesapeake and Oko
Chirkader Corp.
Clue Peabody
Cocks Cali Coate
for Chicago grain futures edged lower in
slow Col
and mixed dealings.
Prospects for a large export
Combustion
business next week helped Co
wheat
Exporters reported
several European
bought parcels
soybeans-UPI.
Coed
that Continental
Coming. Glass countries Crape Co
of corn and Crown Zeile
New York copper
Cuban" Aznaricati. Bugaz Dayed
Deere anii
Delaware, and
Diamond Alkal
Distillers-Beagama
Dougies DownChan
New York, Now. B. Durst.de Comper futures closed 11 to Tuquets 17 points lower with cales, of Fa 148 contracts,
The second El sussion recession at London and labour uncertainties in Chile, brought an Increased? flow of liquidating and heure
orders while buyers p Bwait further develop SUFLE
UNIT TRUSTS
to
Paramount Pictures
Parke" Davla
Pennsalt Chen Penny J. C. Pend-Cola
PRRip - Martin 394 Pilbury Flour
33% Publicker
4141 Pure C) 344/Radio, Carp
334) Raytheon
Reynolds Met
Schenley-Inde
and -'French
验
SILVERMINE BAY FERRY SERVICE
Leaving HONGKONG for SILVERMINE DAY
. BA Tan Co Bang Chau *5,00 7,5), (Via Peng Chou)
11.00 (Va Pere Chat)
1.45 p.m. 4.00 Via Hang-Chun) 845 va Pour Chau
7.20.
"Leaving" SILVERMINE BAY for
HONGKONG
7.20 am. (Via Peng Chau)STA 30:30 Via Feng Chai
#11409) (918 Peng Chauj
1,38 pin Direct)
BB AZ Pane Chau 1750 M2 Peng Chinu For Sundays and Pubile Holidays only, PENG CHAU FERRY SERVICE *
Leaving HONGKONG for PIANO. GIUN
Leaving PENG-ED GONGKONG
12.05.p.m.
TAI O — CASTLE PEAK FERRE SERVICE
Les BONGEONG:
Hongkong
Kap Bii Muz-
Caille Pri
Tung Charg -Arriving Tal
·TAI O'
Leiving: "TAL O
2.00 pm Tai O
Rap Sul Mun
-450 6 | Azitving: “Hongkong #7167 10.30 SPECIAL FERBY (VIA ABERDEEN G (From Wilmer St. Ferry Pier)
Là ọe. HONGKONG Đới
4.00 pm. EXCURSION FERBY TO TALO
Salling on Tuesdays, Thursday, Saturdays, Sundays and
Public Holidays y
HONGKONG "P1) 300 am. | Leaving FAI
(Calling at Tung Chung) sa pang (Calling at Tung Chun
HARBQUE FERRY SERVICE
Leaving TAP/ARUM) (167 TAIFO: KAUHU donat kyt vt