1960-08-26 — Page 2

Page Z

THE" URINA" MAIL"

FRIDAY, AUGUST 20, 1900,

EXCHANGE

WEEKLY REPORT ØN THE HONGKONG STOCK

London market

meets

MARKET DRIFTS LOWER slight setback

Several stocks hard hit by sliding prices

The

*The share

KK Back Lombard Union Wheelock HK Whart

markét at

glance *

Up or Down

Dividend

& Bonus BIL

Yield (%)

London, Aug. 25.

Britain's gloomy export picture today checked the strong three-day upsurge on the stock eiċ- change. Minus marks dominated the indus trial list although precautionary marking down by dealers failed to bring out many sellers.

Damfled trade #gures for July ended. tillk about

SLT-

July 20

Apgy

Adr.: 11

Aur. 18

Aug. 25

1194x

1193

1190

1160

-$30

42

3.3

贼

36

Job

.915

90

90

$1

$3.00

2.B

7.30

7.85

7.5.

7.4K

altady

3.3

240W

22967

2301

.210

$8

3.F

BK Docks

105

109

.*108

105

DOLG

$314

$10

10.2

Taikoo Docka

50

5414

+4

53

5414

++-$1.50

$2.80

5.3

cut so the mid-day

Provident

20

20

20

19.80

19.00

$1.80

0.1

13K Hblets

4034

MA

4014

104

4036

stoudy

SZ.TK

4.8

a bank rate no change announcement came as no prise.

trend

HK Landa HK Realty

5536

13

5614

-50c

$2.50

4.2

1.725

1.825

130

1978

1.75

12140

7.1

HR Tran

3134

32

3137

200

$2.05

0.0

Star Ferry

-107

170

100b

170

164bxd

30

$9.50

5.8

Yaumalla

174

182

182

180

170

-31

58.53

4.5

Ch Light

2114

22.30

21.90

21.60

21.00

-200

$1.10

0.7

Pitices stondled at the lower lovel, leaving, the blue chips mainly between one and two shillings lower. Most

groups were lostrs on the day. Stores,

1

Electrics

27.60

28.30

28.30

28

27.60

400

$1.70

6.1

shares lost. Hordest,

JK Telephone

3716

3434

3814

SELA

3744

-75

SLITE

4.4

ing

G. I. Cement

6236

B

13

52

7.5

Dairy Farm

27.30

28.30

2814

2834

27.90

800

$1.85

6,8

ZCa

23.40

20.500

25.40

25.80%

steady

$1.50

Lane, Crawford

423.

4134

41

✓ 38sxd

50c

$3.25

8.30

9.10.

9.16

+56

750

1.90

14.900

4 14.800

5.00

3.700

200

$1

14.90%

14.30 xd

900

6.5

8%

3.45

--4a

134

steady

market continued its sour with prices sliding further during the week,

Hard hlt werd Wharves, Docks and the rubber section.

Banks although done in fairly large lois dropped $30 on the week.

Wharven neglected for months were done at $216, a drop of 314 on the week. Buyers were ap

more parently waiting favourable prices.

for

U.S. INVESTMENT

QUOTATIONS

Hongkong Docks which have

over the $100 mark for →been

some ting slumped to $90 with buyers still hestiant.

Talkoo Docks on the other hand went against the trend of the market and showed a gain of $1.5X1.

Uilities remained compani tively steady with only frnctional losses.

Hotels and Lands managed to keep within a fraction of last week's prices with interest stifl maintaining.

In stores buyers appeared Interested in Dalries at lower levels while Waisons and Lane, Crawford

neglecter! 31

were

The following are U.S. Invest-sellers raten. mments

The cotton section met little in American dollars. I Buyer's prices include cominis support during the week. sion:

Amiato Fund

Markét diary

The market was a

shade

al- casier though there was slight increase in volume of business. Buainess transacted amounted $1,965,000.

Sellers BuyKTS

7.32 7.D7

Am B Sh

134

Friday: 4.53

Alom Dev Atu!

408

5.44

Budkick Fund

12.00

13 M

Are Hought

0.55

9.ng

Cada den Fund ..

13.00

-1-43

Canadian Fu

1.15

17.40

Canation int

Growth

10.3

1:2

Comwith Stock

13.83

10.19

Dividend Sh

2.00

327

Dreyfun Fundl

15 00

1000

Faton & Stock

12.02

14.33

Monday:

Electronics In

7.00

0.31

Found Mut Fund

10.72

11.00

Fund Invest

D.10

0.97

1 Group Coin Stock

1239

13.57

Ilans Fu HC-7

4.9997

4.43

Inst Four:d

10,46

11.30

Instis Growth

10.97

1200

to

.In Income

4.33 0.10

11.18 12.22

21.77

23.10

Tuesday:

14,18

15.34

13.20

14.34

1482 10.02

-0.72 0.53

18.70 36.70

B.13

6.40

6.99

10.97

12.00

Invest Te Boston

Keystone Cut Dz

Keystone Car

Masa Inv Tr

Mass Growth

Nat Sea Ser Growth

Scudder S1 & CI

Telev El Funkt Value Line Fund

V. I. P.

Agreed merchant

rates

Canadion $: Maximum Selling

10 29/32; Minimum

Buyin

Maximum

17 5/32 T/T, 17 7/32 0/D.

Belgian Francs:

Selling B70.

to

A. S. Watson

Int'l Investment. Alllod

НК FE Iny Textile Corp Nanyang

14.00 8.70 ex-nil 8,70 ex-all 8,80 1420*

13.90+

18

13.40b

• ex bonus feşale.

800 $1.10

Wall Street declines on

New York: Aug. 25.

The stock market was at the mercy of profit-takers today who pared many issues a point or more and handed the list its sharpest setback in nearly three weeks.

50

Comm. ture.price

Closing prices

border c

Abitibi Pŵr. & Paper

Alden the Asx..... Agora Steel Corp. Alled Chem

Brokers generally were not surprised overly concerned. nothing the market had earned breather by reason of Its

efforts

far The market eloved rallying

this irregular with rub-munth..

Except for, the drugs, some of And Inc. bers the

weakest section. The day's the entertainments and scatter-Asia Chimiera turnover amounted. cd blue chips, losses of one or] Am. Brahm, Show. were liberally sprinkled American Airles approximately more

throughout the list. $1,691,000.

took Wall Street, however, The market drifted throughout the day comfort in the fact that the while in largely feature-market's overall loss, ICSA and reduced moderately steep, came on trading. Mos sharply reduced, trading. sections

Steels; were

motors, aircrafte slightly oa alermits and ever the uály Turnover amounted } front-running ekofronder ware. to $818,000,

thrown for wide losses. - Drugs

rather during

$5.03 1455

profit-taking

Goodyear Tyre

Northern Railway Crummen Aircraft quifol

Warden Organ

Newport Corp.

49% | Elene Walker

40%

374 Sperry Rand

14

Standard Brands

33 Standard Oli of Cal. 294 Standard all of Ind.

Standard Oil af N.J., Sleel Co., of Canada Sleep Rock

3512

530

steels and property

Engineer textlics. browerles und

Dunranes Union Insurance - Canton - £61. Aircraft. and, Motors Bella Motor Corp.

Ord-17: 1032

Ford Motor Co–10)1 416d.) Hawker Siddeley Group Ord-30s Rolls Royce 10 721,

Ord-43s Dd. Tootes Lit

Bandar Triumph International

od.

Breweries

Dlatifters Co-435 90.

'South African Breweries 24-Od.

papers staged some recovery but. closed mixed and uncertaiřík

STANDOUT

Chemical

ci

Fords, Imperial Industries, Courtaulds

Dunlops were stich around one shiking of

British and both American

-and Imperial Tobaccas cased, Beechama made the standout on their now super- Penicillin, discovery and moved ngainst the gmin to end 1/T- 1/2D higher at 47/6p.

Dofinr, stocks were farm in responsio to Wall. Street.

Grocks roacted from arm utat In foreign bonda while Japanese non-astenled showed India

Gold mining shares held on to early guins desplie lack of business but coppers

drifted downside. Tins were firm.

Oits lost ground. Rubbers and Leng

hardened where

234 changed-UPI.

Closing prices

Britiati

Gilledged Bonda

Transport %. 1974/00-

Funding Stock 34%, 1999/200km

2742

Homerlake Mining Co.

423

Sterling Drug Co.

9822

2004

SOLL

Human Befrig

Elɔkely-Van Camp.

Consola 235%–£43]%.

Idaho Power

50%

Stone Webster

4315

Consola 4-06-15/10.

261

Imperial Oil

Studebaker-Packard Corp.

1009

Conversion Loan 315*,

1961-

Imperial Tobargo

12

Swilt & Co.

443

£56.

20

Ingersoll-Rus

Texas Co.

6021

wunding

Loan

1059/09

stos Corp

Am. Cable & Radio, Corp, American Syanamid Co. Amer, For Power Am, Gas & Electric Am. Home Prod.

American Metal Am. Natural Gas Amaricao, Singling Azn. Sugar DIKE, American Tel, Tel Aumericon Tob. Ampan Anacond Copper Armes Steel Armour

Inland. Sted. Co,

70%

201-11/10.

B

Interchemical Corp.

43

Textron in

Int'l Businters, Machiner

Tinkul Chen,

30

int' arvester

43

Tide Water Oil.

1912

48

Internsunca) Nickol

54%

Timo Inc.

Funding

ち

Loan

1940/90-

186

Tri-Cont. Watrants

404

Int'l. Tel & Tel

42

Twentieth Century Fox Film

40%

ED

Union Carbide....

1107

* Savliga 3%, 1080/65–208.

Savinës 35, 1900/70–£74. Saving 3, 1968/75—71).

71.

016 Union Oll at Cal,

434%

5715 Union Facile Kaliway

Barclay's

2012

United Aircraft

One Gd.

唱

8115

62

Liggelt Myers TDD, Co

FRA

Litton

LUY T

Lockheed Aircraft

Loors Incorp.

Wednesday: Business continued were acoon to fear to resist

restricted

Lilbe downtrend, halpod być naya half the session with of an oral polio vaccine which day

will be produced mouvrenly as Cone, Miding 'Bakiwby: Linkykla. buyers adopting a under

government logo amore Ohio wwaiting The

of mid-1581. Motion picture stacks Bank of Montival volume business amounted and scattered specials also, met Beak of Nova Scotla

W. German Deutschemarke Tharaday: Maximum Selling 72 11/16.

HK UNIT FUNDS

Firal Hongkong Fund:

Buyers

Sellers

$0.98

$1

attitude.

to $1,447,000. The

market

was

support.

Today's volume was 2,680.000 Jmpetive resulting shares

and a total 1,313

in a moderate turn shares traded, 400 were higher

over.

Docks were and 594 lower. transacted at lower

Jevels.

Dow Jones dosing oversizes: Volume of

30 Industrial business amounted

approximately 15 uniter

10

$1,815,000.

63 stocks

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Save Time

International Paper

24 Joba-Manville Co.

Kaler Industrion

585) Karma C. Power & Light,

2014 Ketincott Copper

Kiniberty Clark

8714

101

223

B

Lone Star Cament Co.

Lorlard P.

Lowenstein & Sonal

McDermott J. Ray

McDonnell Aircraft

Merck

Mesabi · Iron Corp.

Molour Brewery ·

454 Montgomery Ward

241 Motorola Ine

National Bicult Co.

301 National Cash Reg. "A"

National Dairy Prod.

National Lead

Stoel Corp. New York Central

United Prult

U.S. Fail "B"

sa US. Gypsum

US. Line Co.

29.3. nubber 234 9. Smelting

38 U.S. Sicel

U.S. Steel 7 P.C, PF Warner Bros. ......

30% Westinghouse Air Brake

Westinghouse Electric

Western Union Tel. Co.

| West Va. Pulp & Paper

Winn-Dixde Stores

Woolworth (K. W.)

Zenith Radio

Bosch Idle Agvers

Bell, Taleghpnje, Beneficial Finance

Minnesota Mining

Mission Development

27%

ndix Aviallos Corp.

68

Monsanin Chemical Co.

1

Montecatini

Benguet Cons,

Baublebags, Steal

Bosina. Airplane

Borden (The) Co.

furqughs add Machine

British Amer, Ou

EU Columbia Pyr.

m5 | 138.

Cat Packing. Corp. Cana. Bk. of Comm. 21.13 Cana. Brewers

Campbell Soup Co. Canadian Pacife R Case 13, L

Cat. Tractor

Co.

Celanese, Corp.

C.I.T. Financial Corp.

Chane Manli. Bank

Chrysler Motors

Cluett Peabody Colgate-Palmolive Co.

Colombian Carbon Co.

Commercial Credi

Consolidated Edison

Consolidated Paper

Consumers, Dan

Continental Can

Continental Oil of Del

Crane Co.

Crown Zellerbach

Delaware & Hudson Co. Diamond Alkati

Diamond Gard Distillers-Beegrama Dornien, Stores Doug Aircraft Dow Chemical

Dupont de Nemours Eastern Ale Line

Eastman Kodak

30

35%

38

DO

New

401

Noranda Mines Lid.

Norfolk & Western Ry.

2431

North Amer. Aviation

10%

Northwest Airlines

(Com)

Oklahoma Nat. Gos

Ölim. Mathieson

2014 Otis Elevator

40%

自

Owen-Illinois Class

Oxford Paper Co.

Pacifle Gas

Elec,

$73k | Pan American Airways

334 Parament Pictures

02

Parks Davis Co.

87% Penny 3. C. Co.

Penn, Salt Co.

414 Philip Morris

143 Pitney Bowes

3315 Procter & Gamble Ca.

5325 Pittsburgh Plate Glaan

04.

Publicker Industries

Pullman

Pure Oil

Radio Corporation

Redio, Corp. Pref.

301% Raytheon

Repubite Steel

Reynolds Metal

Teynolds Tobacco

2014

HONGKONG STOCK EXCHANGE

By

Our Own Corenpandent

Business done at the Hong- kong Stock Exchange this morning, amounted to approxi- mately $1,130,000.. Noon quota- tions and the morning's transac- tions:

બપ Rhares Buyers Selleri Bales

HK Bank 1106

20.1100

AR

80 Bk. Ama 000

Union Whart

Lombard

50

203

Royal Bank of Canada

sa 地 3:00 @ 0Q

274 Royal Dutch .....

Co.

1204

heem Mfg.

1015

17Rejovic

7.00 400

Baars, Robuck & Co.

FK Dock

3255

411

hell bit Co...

Firestone Tyre & Rubber

First Nat. lty Bank

30

Baloway Storen

75int Rec. Paper

El Paw Natural Gun,

Family Imance Carn

AND YOU SAVE MONEY!

Ford Motor

Georgia Pactile

General Dynamics

General Electric

General Foode

General Motors

Gen. Pub. Be

Cats Tyry, & Rubber detty oil

Glidden Co.

Goodrich (D. F.) Co

Bebenley Ina, .....

Brolt Paper

Slegter Corp. ase.

Sinclair Ou

071

Smith, Kline & French

SOLONY MOU

ON

KEN

Bouthern Co. (The)

Southern Railway (Com.)

Provident

200

29.70 19.30 100

58% 19.80

1000

400.1002 3142

Diley Jamm

Textile

5,00

INDE

cd.

Dank

Bank "A" Lid ord

Chartered Bank-506 24.

Hongkok "A"-880 Od.

Naloriel & Grindlayw Bank-is

Bank "A" 1216% ·

Weatarinster

Non-Cumulative-42.

Yesterday's Closing

Building & Materials Amociates Portland Cement-73 Gooding Wall & Lead and—is. Coal, Steel & Engineering Babcock & Wilcox Etd-370 64. United Elea)-Dia.

·Vickers Lid321 Kl.

90.

Food & Tobacco British American Tol Co., Ltd--

imperint Tobacco Co., LIA-039

Miscellaneo Boardman Marden Lid 2. British Oxygen Lid, Ord-29% Od, Canadian Panie Rly-$34. De La Rug Co. Ord-18s bd. Dunlop Rubber C-296 2 Gilan Holding Lid-21 4510, Imperial Chemical-87% Od. Lyops Co-846 d.

Lid=161 d. Pader

Bowaler, 10140.

Paper Corp

Ord--624

Radio and Electrical Anoelated Electrical-015. Electrical & MULTIOR-50 English Electrio Co—–380" Day General Electrio-30. 3.

Shipping

34.

£

Indo-China, Bleam Nav. Co, del ord-234 Bd.

Steam Navigation def prd---

PG 103

Great

1012d

Ebores

Univer Stores "A"-80%

Marks & Spencer Ltd 875 04, Woolworth F. W, & 06-761 04. Textiles

Cools J. & PL10-038 1364. -Courtaulda "LA-876" Tid

Mines

Cons Goldfields of South Africa-e 03 $160.

Con. Zine Corp. Ord-17 Bd.

De Beers def-16 pd,

Random 28 1011⁄2d

Southern Kinia Cons Lid-dla 64. Union Corp—bla 105|d. · West Driefontein GoldminAlag—–80%| Td

British

3.

cateco Petroleum Syndi

British Burmah Petroleum Ja 90. Britlali Petroleum Co. Ltd—19#

过

Bumi Sch.

Royal Dutch Petroleum--£ 12-33/32, Shell Transport & Trading—132.

-Houter.

COMMODITY PRICES

COTTON

NEW YORK

Closing prices all in cents per lb.:

Spot: 32.40; Oct; 31.01; Dec: 31.83; MAT: 32.10; May: 32.21: July: 38.42; Oct; 32.47: Deo 32.70 Mar: 37.70: May: 3282; July: 31.90.

NEW YORK Rex rubber futures closing prices, all intenta per lb:-

Sot: 34.50; Nov: 34.00; Jars: 31.10; Mur: 32,40, May: 3825) July; 3.30; Bept: so.

SINGAPORE

Closing prices all in Strails cents per Ib. fab. Malayan

NEW ORLEANS Closing prices all in cents per fb.:

Spot: 29.155 det: 3666; Ded: 31.24; parts, Mar 278: May: 31.18: July 28 No. 1 Sept. Det: 17: Duet 33.42; Mar: May: 12.75: July AT

LIVERPOOL

No. Sept

Supt

Closing prices all in pence per Nat.

16.:

American Contract Oct/Novi 22.00; Dec/Jan: 22.50; Mar/April 22,20; 2nx/June: 22.30.

Miród Contract

Oct/Nov: 2280: Dec./Jan: 22:55: Mar/Apr: 22.50; May/June: 22,75 UPI.

METALS

NEW YORK Closing prices, ait is

180

per lb.: Lead

Sept.

Nov.

Zind Bopt

NOW

Copper Bept.

7.70

Nov.

300 02

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South Puerta leo Sugar

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Make This Your Regular Savings Scheme. Buy Hong Kong Unit Fand

JOIN WITH OTHER UNIT, HOLDERS AND EMPLOY EXPERTS TO SPREAD YOUR INVEST, HONG HONG'S SOUNDEST ENTERPRISES

For informative foldover, Application Form and full details on FIRST HONG KONG FUND, Send thi coupon with your-námé and address to:

HONGKONG UNIT FUNDS LTD.

NAME ADDRESS

.701 Alexandra House

PIO. Box 690 Hongkong,

King Kong, & Bhabghal mann, Hong Kong; (Trumme), Itd. NOTA FIRST HONGKONG FUND ENETS CON. TINUM VAVAILABLE. AT THE CURREN'T MARKET PRICE..

FOX Hotel. 401%

101 HK Land, 001 58 009

Yetanet

Ch. Llent 21.70 100 3500 3,70

Electria ... 27.7 on

Telephone

30 30%

GL Cement 949)

A. Huber

Taikoo Doole

640

2000, 302,00

200 B

cents

15.30

LONDON Cikning prices, all in sterling per long bon

Tin spot

3-month

Copper spot

3-month

Zine 'and holt

Btzer Selberm

BUGAR

KEN TORKY

· 2413)

Spot Tubser unbeled Blanket crepe

No. 1 pale crepe-

LONDON

2634+07

Closing prices all in perce

b.:

No. 1 spot

Settlement house term:

Sept.

OLDES..

Jan./Mar.

VAPE FATAS

General markeria, Elf.

Theat

thday Sebe,

trick Sept.

AMSTERDAM

2012-281

Closing prices, all in gulders

per kilogram, clf, Sept...

No, rubber

No. 3 rubber

No. 7 rubber

No, 1 crepe

72 bayers

buyers

-UFİ..

FOREIGN EXCHANGE

NEW YORK Closing rates;

Olinda Bingid official

Aurundia

New, ZacketsS

800

XK OM

100 § 14,30

Closing rate :

14,401b.j

New-York

| Coaleset· 190; 4 ((werk) ..

||SCntreal

Amsterdam

Closing prioos dii în venta pert

Tutar Sales: 175 contri

Open, interest: 3,435 constách Contras No, s Edomesti