1960-07-22 — Page 2

THE CHINA

FRIDAY, JULY 22, 1980.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

UK industrials

MARKET AGAIN IRREGULAR advance on

Price changes sensitive to headlines

The local stock market closed uncertain Yesterday after a week of irrégular

movement.

Price movements appeared to be sensitive to the headlines. :

There were occasional signs of. firming up but were short lived when sellers appeared.

In stores Dairies and Watsons were slightly lower while Lane, Crawfords failed attract

buyers at $43.

Despite last week's announce-

Most sections declined trae- ment of bonus issues both Tex- tionally with Tulkoo and tiles and Nanyangs lost ground

Yaumatis the only stocks show--the firmer losing 20. cents on ing some strength,

the week and the Jarler dropped 90 cents.

Basks slipped $20 from last week's close of $1,230.

There appears to be no fiduse- ment in the market and political news has been the main deter-

Both Lombards and Unions were negiccled. The former ape pearing at 94 sellers without at-ment. tracting any buyers;,

Wheelocks were slightly down at $7.35 whte Wharves con- tinued its downward trend clus- ing at $240 sellers.

Tafkoos also lost another $3 business being done at $107. China Providents. lust 60 cents on the week,

Lands steady

Both Hotels and Lands re- mained, steady while Realtics dropped a fraction.

Friday:

Market diary

ChinaMonday:

In utilities Trams, Lights, Electrics were fractional- Yaumatis gained $2

ly lower.

while Star Ferries closed at $171

sellers. Telephones

steady at $38.

remained

NY cotton market

New York. July 21.

Cotton futures in New York

idied. through dull ала

session Harrow

Tuesday:

market

Was

The steady during the day with trading on 4 restricted scale. Cotton shares failed to continue their

upward

HK Bark Lembara Udink... Wheelock HK Whart HK Dok Taikoo Dock Provident HK Hotels

15 Last

1215

a glance ★

at a

Up or

Down

$20

Dividend

& Boats

* The

share market

Jone 23

June: 30

*July *

1200

1234

July 14 1230

July 21 -1210

40m

40n

0414

941

1.08

12,28

21.30

1.35

250%

2401

· 111

116

113b

1.10

107

861

5814

5k

5436

21.40

21:40

21.20

20.80

20.20

41%

42

42

*4336

4141

69

6034

美

158

HK Realty

1.875

1.875

1.875

1.83

1,425

HK Trans

32

Star Ferry

171

170

170

1713

Yaumatis

181

182

177

179

Ch Light

22.80

22.70

22.30

22.10

-200

Electrici

28.70

21.60

28.30

HK THephone

38%

38

steady

G.J. Cement

154

Dairy Farm

29.10

28.80

300

4.5. Watson

26.70

26.40b

25.80

1.50

Lane, Crawford

414

43.

steady

Int'l Investment

·8.65b

8.85

Allled

6.05

18

6

+50

HK FE Lav

14.50

14705

14.90

1480

14.000

steady

000

10.80 17

10.00

11.30

11.40

.11.20

--200

650

170

19.30

18.40

900

$1.10

Textile Corp Nanyang

125

Field(%)

Wall Street continues

Now York, July 21,

trend. Rubbers Blue chip industrials paced stocks in their

were in demand at

slightly improved ninth consecutive decline today-the

prices. Turnover was approximately $2,002,000.

Although there was

little

shown

in

longest down trend of the year,

Bank of Monstrest

Bank of Nova Scotia

Beech Life Savers B. C. Tel Co,

eneficial Finance Bell. Telephone Bendix Aviation Corp. Benguet Cork Bethlehem Steel

It was the sharpest decline of | Baldwin-Line-Hom interest the week but reflected individual dimore & Ohio

the corporate developments rather market rates were than any general sell-off,

General Electric touched off a well maintained.

decline in its group, dropping volume of busi- ness amounted to more than three points as many agement representatives walked $1,555.000. Unsettled condi- out on contract negotiations with tions persisted in the Unfon. Westinghouse, yet the market. Buyers to begin its talks with the held off and small Union, fell nearly three.

Today's volume was 2,510,000 shares.

in

selling caused prices lo. 8a5e

most sections Volume of business was up- proximately $1,127,000.

today with Wednesday: The market dis- prices slightly easier at the bell.

The market ruled two points higher to seven points lower at the close after opening un- changed to, rite paints lower this morning. New Orleans futures finished unchanged to

six points lower.

The trade continued putting ourt contracts Ip the nearby position and price fixing in the intermediate deliveries also

showed up, presumably against Thursday: sales of coton.on.call basis,

Private reports on cotton progress in the belt continued excellent, The... gey goods

remained

market

UPI.

inactive.-

Of a total 1,208 issues traded 320 were higher and 658 lower. American exchange volume was 920,800 shares.

Bonds volume amounted to $4,180,000.

played better. a

Dow Jones closing averages: jone in moderate 30 Industriais trading during the 20 Ball half day session 16 Ulities

65 Stacks with

40 Bonds showing fractional Comm. futures price index

some

rales

grins, Bank Chong-

ed hands at slightly

lower rates,

Closing Prices

Volume of business Abitibi & Paper transacted was ap- Alden Inc ALY proximately Algoritmel Carp..

$1,341,000.

Allled Chemicals

Alfed Milks fine.

The market closed Alls Chaitres

Irregular with set-Am Brake Shoe

American" Affline on

a

lers predominating American Cambie & Radio Corp. The day's turnover American Cyanami Co. amounted to Ro- | Amer;& Föngu. Power

proximately Am. Gal & Electric

$1,458,007.

Am. Home Prod.

Ame Mach. & Fry

American, Metal

Au Natural Gar

American Smeltag

Am. Sugar. Ref.

Americans Bend” Tet.

America Tob.

Ampex

Anaconda Copper

| Armor Steel

Авто

Asbestos Corp.

Atlas Cona. Minimgr

Boeing Airplane

Borden (The) Co. Broushi Add Machine

British Amer. Oil

British Columbia Pwr. call. Packing Corp.

· Cana, Bk. of Commn, Campbell Soup Co. Case (J. L). Co. Canadian Pacile R.

cat Tractor .... Celanese Corp.

C. I. T Financial Corp. Chase Marthat, Bank Chrysler Motors Cluett Peabody

8341 Continental Can

to decline

1831 Heyden Newport Corp.

**

Homestake Mining Co.

Hira Walker

Idaho Power

2935 Imperial Oil

499% || Imperial: Tobacco 46% Elgersoll-Rand

291

and Steel Co.

Os Interchemical Corp.

1 MPI Burbem Machines 03 MT Harvester 299

40%

International Nickel

International Paper 25% Inti Tel'& Tel

SEL 50%

52

Johte-Manville Co Kaiser Industries Kadaza. C. Power & Light Kennecott Copper_

Liggett & Myers Tob. Co.

ZMETI Tulip

Exation Ind

Lockheed Aircraft

Loews Incorp..... Lone Star Cement Co. Lowenstein & Sonia,

McDermott J. Ray

McDonnel Aircraft Merck was

strong demand

Industrial issues went into a'

today when selective in the market none too wel

engineers weet alegt via vibbs up to two shillings but electricals were mixed. Courtaulds paced a firm textile section on the up- trick... on inte of better prospects and hopes for quotation on the Paris bourses.

Prices dipped by tractions in quiet gill-edged market end foreign bonds changed.

The

Dollar stocks moved narrowly to end-mixed,

Gold Shared, went into, a downdrift while unsettled | coppers showed little change on balance.

Diabobrick

fell

back na stayed firm on the good price for the metal.

An easier trend developed in olls after narrow moventents.

EXCHANGE

Our Own Costrut

Bilstress dona- it the -Hop- kong Stock Exchange this mega- ing amounted to approximately $1,242,000, Noon, quotations and the morning's transactions:

„Skärus”. Bugars Sellers dr Al

Rubbers turned Idle and H Bank .. lost recent buoyancy.

Ceylon téas moved downside on" efection undertálstles. UPI,

Closing Prices

ollfedged Bonde

British Trimsport. 33, 1978/es-- 260-1/16,

Console 2˧4-1}.

Valin ine. Wharf, Ca Wheelock

司淼

0735

HK Dock

Consols 15-E06-13/16.

Provident

Cettversion Loan

314% 1981-

19.50 20.20

259-35/16.

Funding

Loan

2334 Raytheon

Funding

Stock 3%, 1909/and Hic

40

Republic Steel.

2645%.

29

Reynolds Metal

Funding

Loan

1900/90---

12

Reynolds Tobacco

767

51% Royal Bank of Canada

13 Royal Dutch......

Bavings 3%. 1955/65-£813%.. Savings 3. 1980/75-£19-3/18,

Youmiti

178 16

424 Sears, Roebuck & Co.

Savings 3%, 1966/15-£70.

HK Tram

3d.

Chartered Bank-61a 01.

Hongkong-261

Lloyd's Bank "A"-éis ad. National & Grindlay, Bank-354 Insurance

Ch. Light

$10 22.10

77% Shell O ..

-4034 | Safeway Stores

500 Saint Reg. Paper

4316

.

Bobenley. Inc.

531% Scott Piper

96

Siegler Corp.

393a i sinciale, Osi

M3⁄4 | Bmith, Kline & French

938 Bosony Mobil On

16

Boler Aircraft

Souls Puerto Rico Sugar

Elfi | Southern Co. (The)

24%. | Southern Natural Gas

Te | Southern, Railway (Com.)

Standard Brands

24 Standard Oil of Cal. 33% Standard Oil of Ind. 103

Standard Oil of NJ. Steep Rock

204

Sterling Drug Co. 842 | SanVast Camp.

stre & Webster Studebaker-Packard Corp. 164 Bunshine Mining

Swift & Co.

23/

911b

43

5T

610.43 Colgate-Palmolive 137.60 Colombian Carbon Co.

36

Mewable From Corp!

13.81) Commercial Credit

Minnesota Mining

205.09 Consolidated Edison

Mission Development

201

Molsons Brewwaty

144.11 Continental Oll of Del.

Crane Co.

45

Monsanto Chemical Co. Montecattal.....

199

405

Thickol Chem.

82

Tids Water. Of

621+

Time Inc.

mie

National Cash Reg. "A"

56's

Tri-Cont. Warren's

National Dairy Prod

291

National Lead

5524

National Steel Dury.

293%

New York Central

81

Crown Zellerbuch

Cubes Alper. Suster Delaware de Hudson Co. Diamond Alkall

30% Diamond Gard 484 Distillers-Seagrams

Dominton Stores

53 Douglas Aircraft

34 Dow Chemical ... Zak Dupont de Nemoure 40% Eastern Air Line

19% Dettman Kodac

8

Pass Nabiral Cas Family Finance Corp.

24 First Naf. City Bank

Ford Motor

179

Georgia Pacifie

d. General Dynamics

General Electrte

66% General Foods

504 General Motors

60

Gen. Pub. UMI.

Gen. Tyre & Rubber Getty Ŏil.

Glidden Co.

Goodrichs (B.-F.) Co.

63% Goodyear Tyre

Grumman Aircraft Gulf.c

Hammond Organi

METALS

Closing per b.:

40% Montgomery Ward

Apotorola "Inc, 150

National Biscuit, Co.

Noranda Mines Ltd.

1941, Norfolk & Westem Ry.

25% North Affer. Aviation

Northwest Airlines (Com.)

Oxford Paper Co.

Texas Co.

Textron. Ine,

57) Twentieth Century Fox Film

384 Union Carbide

Untos Dif of (a).

Union Facião Bailway

United Afteraft

United Fruit

United. Gjur Chrp,

US. Foll "B"

44% Winghouse Air Brake

11

35% Odihamar Nat. Gur

25% US, Gypsum

204 Olla Mathieson

10

US Line Co.

22511

70% Our Elevators

US: Rubber.....

4015

.62%

Owen-Hiltonia Glass

105

US. Smelting

57

284 US Steel

00

43

Pacific Già de Mée,

65

US Steel TPA PE.

80% | Pen-American Airwzys

173

Warner Bros

13% Paramount Pictures

48

Waukesha Motors

43° | Parke "Ozviz Co.

2614 Penn, Salt Co.

56

Philip Morris

384

West V. Pulp & Paps

34 Procter & Gamble Co.

118

Winn-Dide Stores

感言:

B

2911

6014

TIA

131 Pitney Bowes

Pittsburgh Plate Glaz

Publicker Industries

30% Pure On

NEW YORK

prices, all in cents.

Radio Corporation

Radio Corp. Frel.

Spot rubber unbated Blanket - crepe

No. 1 pale crepe

LONDON

25

Westinghouse Electric.

6994 Western Union Tel Co,.

10315-404 904-0914 114-115

Closing prices, all . In pende

No 1 Ras spot

Settlement house term:

Aug.

July/Bep!. 11.16 Oct/Dec.

TELEDYNARY/Mar.

11.19 Apr/May.

11.00 General, markets, 21.3. dama:

Aug.

MORE and MORE PEOPLE ARE OPENING.

6%

BANK

DEPOSIT ACCOUNTS

with

LOMBARD BANKING

SAFETY NO Capital Depreciation

fonds remain at your

INTEREST is calculated on si Dilly

SECURITY

-Le, your money - Interest from the day until the day you wid

-The Baby

Reserved.

ASSETS EXCEED £100,000,000

Enceraet pad want deduction of Uliland Khopin

Write today to the General Manage for your copy of

Bank Deposit Account" booklet No. ⠀⠀ A0,74

LOMBARD BANKING

Yesterday's Cosing

COMMODITY PRICES

COTTON

· NEW YORK

Closing prices all th cents per

per lb.

Spot: 33.80 Oct: $1.14; Dec: 11.23; Lead Mar: 11.58; May: St 20; July: 22.5; Oct: 82.15: Dec: 3213: Mar: "32:55. 2.500

NEW ORLEANS

Closing prices all in cents Copper per lb.

Spot: 31; Oot: 31.25; Dec: 31.56; Mar: 31.83; May: 22.13 July: 210; Oct: 2410, Dee: 22.10; Mar: 32.48.

LIVERPOOL - Closing prices all in pence This per bag

American Contract July/Aug: -2.50; Oct/Now: 2445; ind Dec./Jan 12.45; Mar/April 22.803,

May/June: 22.00

Mixed Contract July/Aug: "22.70; Oct/Nov? 22.03.

Dec/Jan: 278) – Mer/April May/June: 22.96---UPL

SECAR

NEW YORK

22.36;

NEW YORK

Res" rubber futures, closing

July: 43; Sept: 37.10 Nov: 2620:

Closing price all in cents per prices eli in cents per b

30 Sept.

zoite:crepe tới kh thick Aug.

LONDON

all in sterling.

per

3-month Copper spot

Zine and tak

FOREIGN

EXCHANGE

Woolworth. (K. W.)

Zenith Radto

Rubber

market

review

treat t

Singapore, July 21..... Overseas advices were sharply down, and the market opened two and one-half cents lower than. List night and eased throughout the morning session of local selling and some stop loss liquidation, Fanquiry for lower, sheets was

heless were somewhat reser

Factories

and the morning

slight

quietly

The afternoon session san, yết lower pribe on conti pelling with little

closel

activity Shortly

prices

LONDON

Lower:

Barclay's Bank "A" Ltd ord-551

Union Insurance Canton-£5-13/10.

Afterati and Motors Bellish Motor Corp. Ord-16e 90. Ford Motor Co-101 101d.*** Hawker Siddeley Group Ord-23

36.4

Rolls Royce Lid Ords Tid. Rootes Litt "A10 114. Standard Triumph International— 91 31.

94.

Breweries

Distillers Co 408 10. South African Breweries is ad. Ane Building and Materinia w By Cement-871 Associated Portland

Good Wall 4.Lead. Ordz37L

•Coal, Bioel and Engineering Babcock & Wilcox Lid-36a 4350. United Steel-006,

Vickers LA BA

Food And Tobacco

British American Tob. Co., Ltd

Imperial Tobacco

•Con Ltd€ /

...Mcellaneous

Boardman Manten 14

4.

British Oxygen Ltd. Ord-41 34. Canadian Pacific Bly-2: De La Rue Co. Ord-45 Dunley, Rubber: Contis d Gilan Holding Ltd Hongkong China Gas-156. Imperial Chemical-la 76d. Lyons & Commit Unilever Ltd-153

Paper

Bowler Paper Corp Ord-57 Gl

Radio and Electrical Associated Electrics---50% 36. Mectrical & Mantenimdas Šil EnglanElectric comdie General Electric--358 3d.

Indo-China Sem NET. Co. def PD Steam Navigation def ord-

Debenham 16. Ons Great Universal, Stores "A"~49s. MATKE &Spencer Ltd-19 Bd. Woolworth PM. & Co-073, Coats J&P.Ltd—a 34. Courtaulde Lidcos, 10.

Con Goldheld of South Africa $8 d.

cf

Cons-Zine Corp. Ord-78

De Beers def-140 216d. Honkon

Petning # I

Centent Dairy

.:

Textilá

21.10

ty

EK Gas

TAX

1440

NY sugar prices lower

New York, July

World No. 4 sugar

today closed two to seven polats lower an kales of

131 contractsstuott Domestic No. € sugar: futifres finished Ava to nine, počíta lower, on a turnover of des

The International, Sugst

Southern Kista Cons Ltd is donell, denized in Londoka to Union Corp-180, 9d der increase quote forvekport By West Driefontein Goldmining 100 per cent of beste. Jubangers

from

Hrlin Horneo Petroleum Syndir per cats at the present

KHL Humaki, Petroleumeile.d.The Council Also British Petroleum Co., Ltd

soory is prevalilik Burmak Royal Dutch Petroleum 111firmed to be th Shell Transport & Trading-153 of 3:55 cents P

Heuter,

Incressed Airinës?

105 per

BS INVESTMENT

QUOTATIONS

The following are U.S. mehta in Americans Buyers prices faciale

Affiliated Fund

Am Eka, BhpM

Lorageer

Agreed merchant

SING