Pago Z
THE CHINA MAIL,
FRIDAY, DECEMBER 16, 1960.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
Wide fluctuations
STOCKS EASE FURTHER in Wall Street
*
IFK Bank Lombard Union
Wheelock
TIK Wharf
ឆឆន
The share market
·
at
a glance *
Up or
Dividend
Nov. 17 Nov. 24
1825 43
Dec. 1
Deo. B
Dec. 15
Down
& Bonus
Yield (%)
1325
1305
1-320
2410
SIB
3.3
42%
43
43#
43s
steady
$2
4.5
125
126
124
124
124n
steady
$3.40
*.B
8.95
9.60
0.05
0.40
3,35
-to
40c
4.1
Ziin
2180
270
270
200
3.1
HK Docks
107
110
114
. 113
114
+1
$10
8.5
Talkoo Docks
64
0#
0014
72%
701
-1
$2.80
Provident
22
22,00-
23.20
23.60
23.40
-400
51.20
6.1
11. Hufel
42.
4336
4314
42149
4114
32.75
0.3
•IK Lands
60
0014
71
70
.73
52.40
3,3
1,50
1.00
2.025
1.95
1.925
2.00
13.76€
4.8
9244
32
331
321
31.
小
$2,05
6.3
170
180b
187
183
180s
59.50
5.1
Youmatis
103b
105
111
113
113
steady
$8.00
7.7
Ck Light
24.00
26
29.10
24.60
20,20
-40c
$1.10
4.1
Electries
29.10
29.10
3114
3014
20.20
-850
$1.70
5.0.
HK Telephone
3619
37
3831
372;
38
+25c
$1.75
4.0
G. 1. Cement
57
6434
02
02
steady
54
6.3
3314
38
94
34
32
-M
$1.85
6.7
12
33
38:1
37b
steady
$1.50
4.1
41
44
41
--3
$2.75
4.7
J Investment
1746
D.80
10.70
10.80
10.70
-106
*50
Allied
0.101
04
8.10
8.40
8.30%
-10c
$1
12
IK A VE I
14.00
15:40%
15.00
14.00%
13.20
-400
Textile Corn Nanyang
9.60
10.20
0.83 10.60
9,56 10.40
8.95 15.60
8.20
Boo
14
-1.60
$1.10
A
IIK Really
IK Tram
Star Ferry
Dairy Farm
A. S. Watsu
Lane, Crawford
37b
US
D.1
LONDON CLOSES MIXED INVESTMENT
London, Dec. 15,
Storks lost their three-day bounce today and closed mixed at best as in- vestors lost their enthusiasm under news of Britain's worsening balance of payments position.
Industrial took the brunt of
the Necline with steels, motors and many blue chips finishing easier after
2
firm opening. Leading electricals and property
Ti 10 vest up.
moved narrowly.
Government.
quiet
Foreign
Gold stocks
bonds
Muste
were
stayed throughout the aloy.
bortis made Dollar change.
#locks irreguarly lower.
Rubbers Armed, Teas stayed atibelteil-UNI,
Closing prices
British (overnment Securities
25 du Cofdsted—£46-1/18.
Buri. Conversion—-£50',.
3. Savings 1955/65 – 489-15, 18.
1. Savings $960/70=-£7RY,, 12. Savings 1969/75-£71.
Banks & Insurance
Barclays Ord-ode Jul.
bd
Chartered Bank-478.
Hongkong AK-72.
Lloyds Bank
Beikhinzu danking ord—IR 30.
Itsurance— £7.
0||
mah Olt-3 r. Royal Dutch
Sterls Engineering Babcock & Wilcox Ord-33, 11jd. Unllest Steel- od Vickers Ord-27 104.
Industrial
Asoc. Elec. Industries-is Aspoe, Portland Comcnt-07%, 10%. Drie Motor Ort-15-150,
[J. & P. Ord-501 1024
Çinktaulds Ord-435
De La Rue Old-38; Du Dunion Rubber Ord-203 in
Mus. Industries=435
Ford Motor Ord-1425 Du..
Gliman fohlings) O-25 1015.
Gujunena (Ardiür) Ord-001.
Hawker Siddeley Ord-2 34.
Unilever Ord—145% D41. Wentworth Ort-57% 0,
Autoes
Acera pet-1918 100, Petaling Tin-za 03.
Alicellaneous Townaker Oed-21, Canadian Pacific Ord-2391. Hongkong & Chinu Gat—–—-15%. Indin-China Det. Ord-21st. -P. & O. Steam Nav., Def.—OM 3
--Reuter.
QUOTATIONS
Prices down in most sections
There was a further docline in the stack market during the week. Prices in most sections went down and volume of business previous week.
New York, Dec. 15, Stocks went through another hectic session of wide price swings today with the majority of
issues ending on the low side.
Bicetronles, dcferce issuta and specialties deminated the play, some issues were bately able to Play quiet for more than n minute. All the motors dipped fractions while most steels rained small amounts.
Warter-Lamborg lost neatly
2 in the drudi, Čampbell 3 já the foods, and Zenith.1% in the electronics.
American exchange volume was 0.250,000 shares.
Bonds volume amounted 90,300,000 UPI.
Closing prices
Abitibi Pwr. & Paper
10
was
well below
the
#3816
American Airline
22
was end-of-the-year!
Am Cable & Radio Cerp. American Cyanamid Co.....
Am. Gas & Electric
7132
Am. Home Prod.
1021
0015
FOLL
One cause of the downward trend
obligations. Bank louna und advances have to be re- paid.
Another contributory factor for the reduced business activity may have been the huge funds absorbed by the new Telephone shares a total of $15 million covering one million shares. Yesterday was the last day in which to pay up for those shares. Apart from those factors, the decline could be a natural condi- tion following several continunus weeks of galos,
The big leap in Banks
WDB
finally checked. The elosing
rate of $1,415 was $5 below that of the previous week.
The Electricities and Cottons
The following are U.S.. Inveal-continued to slide.
Lands were one of the few ex- ments as in American dollars Buyers prices include commls $3 at $73. Cements remained ceptions, registering a gain of
ston:
Amated Fund Ain Dun Shre Atomy Dev Mul Axe Hought 2
Dreyfus Fund Eaton H. Stock Electronlex Inv Founders Mut Fa Ifam Td 1-7 Inati Found Instit Growth Instit Income
steady, and the Investments held
The total turnover for the week under review (last Friday
Wheelocks were steady but
apart from a few early deals no sellers appeared which was also true of Gilman Holdings. The day was generally quiet resulting In a turnover of approximately
$3,140,000.
HONGKONG
STOCK
EXCHANGE
op-
amounted
Noon and $32,739,000 proximately $1,418,000.
quotations and the morning's
Am. Mich. & P'dry, American Metal Am. Natural Gas Americas Smelting American Tob. Ampex Anaconda Copper Allan Cons. Muing Beech 1e Savers
Brith Columbia: Elec. British Columbia Pur Calif. Picking Corp. Campbell Soup Co.
Hammond Organ
Heyden Newport Chrp. Ivan Refrig Idaho Power Imperial Tobare Intana Steel Co. interchemical Corp. Unši „HarvesĪGS vinternational Nickel International Paper In Tol Tel Kuiser Intiaist?les Liggris & Myern Tob. Co. Lily Tulip
Lion Ind,
Lockheed Alrecari
Merek
Mecabi Fron
Mineacta Minin
Mantecatini
National Dairy Prod. New York Central
North Amer, Aviation
Northwest Airlines (Com) Olin Mathieson
Elevators
Oxford Paper Co.
Pan American Airways
Phillip Morris
Pitney Bowes ....
Procter & Gamble Co.
Pittsburgh Plate Ginns Pure Oil*****
Radio Corp. Pret. Raytheon
Royal Bank of Canada
43% | Royal Dutch
Seam, Roebuck & Co.
Smith, Kine & French
Socony Mobi! On
Southern Co. (The)
Standard Brands
Shell Oli Co......
Boeing Airplane
39
Salat Reg. Paper
Horden (The) Co.
Au
Sincinir Oil.ingate
Burr highs Add Machine
British Amer, it
1634
401
4019
Standard O of Cal.
KD
Standard Oil of Ind.
**
64
Sieel Co. of Canada Stoep Rock
Co
130
C. 1. T. Financial Corp. Cluett Peabody.... Colombian Carbon Co. Commercial Credit Corning Glam Worko Continental Can Continental Of of Del. Cuban Am. Sugar Delaware, & Hudson Co. Diamond Alkali
Douglas Airerstt
Dow Clinical
Eastman Endsle
Family Finance Corp.
Georgia Pacific
General Dynamica
Goodyear Tire
Sterling Drug Co.
Stokely-Van Camp,
Studebaker-Packard Corp. Sunshine Mining Switt & Co.
14 Texas Co.
2014
Thinkal Chem. The Water dit
Tinio lac....... Traders Finance
Twentieth Century Fox Flim US. Gypsum
6 US, Rubber
2. Smelting
42
773
Sellers Burm.
1.20
4,30
4.32 4.40
Ford Moter
1.01
120
Bullock Fund
12.13
13.30
to yesterday) amounted to op- proximately $18,020,000
Canada Gen Fund
13,14 14.21
Canadian Fund
10.00
pared with $31 million
com- kong
the morning
Business dore at the Hong-
Stock
Exchange
this
General Electric
to
General Motors
10.0+
Gen. Tel.
Canadian Int. Growth
previous week,
Elec.
Gen. Tire & Rubber
Chemical Fund
10.01
11.30
the week before that.
Getty O
Commith Stock
15.00 JOAL
Comparative
closing
Dividend 91;
figures transactions:
Goodrich . F. Co.
show the following:
14.50
11.09 12.71
Bankst Hongkong
Great Northern Railway
44%
Banka
declined by $5 at $1,415.
Shares Buyers Sellers IK Bank 1403 1418
Sales
43 410
20+10
15.64 11.57
5420
3.03 0.50 10.34 11.31 30.47
1140
260
1,30 40
5000 # 9.33
P.O
6.08 6.55
113
134
21.20
23.33
23.30 2319
13.10
14.23
14.81 10.01
0.06
41 415
1500
7214 73
10.03 1003
7.53 3.2)
100
200
West German Deutschemarks maximum selling 729%.
Value Lice Fund V. I. P. Wellingtna Fund
0.02 10.47
100 cm 721),
11.40 13A0 1481
103
350
ID0
23
100
300 +
Agreed merchant ratęs
Canndian' maximum selling
17-1/10; minimum buying
Maiks Spencer A "On-nis | 17-5/10 T/T; 37-39 O/D. ·
Hedifusion Ort-34 135d.
Rulis-Royer 431 16163.
Standard-Triumph- 10d.
Invest Tr Boston
Keystone Cust B2 Keystone Canada
Man Inv. Tr Mass Growth
Nat See Ser Scudder St & CI Telcy El
Wheelock
112
ដ . ឌី, វី
1000 9.30 3000 14 359 900 ve 115
75,231 580 23.0 500 23.4G
50041
U.B. Bleel
U.S. Sizel 7 PC PF
Wamer Bros.
Waukesha Atators
Westinghouse Air Brake Wonlworth K. W.)
Zenith Radio
LINES
THE UNION OF
SOUTH AFRICA
FROM
SOUTH
APRICA
EXPORTS
TO THE VALUE OF
£700,000,000 · U.S. $2,000,000,000
M $6,000,000,000. H.K. $11,000,000,000
YEARLY!
And Is An Excellent Supplier Of Your Requiromentë Including :———
METAL INDUSTRIES
Stoat, Iron & Pig fran Mining Machinery
Rock Drills & Tipped Taoli Agricultural Machinery &
Implements
Industrial Machinery &
Spares
Motor Spares & Accesorios Pipes, Tobing & Fittings Tape, Cocks & Valvet 'Cast Iron Pipes & Covers Bronze, Bearing Metals &
Solders
Dollers & Condensers Wire & Wire Ropes Bolts, Nuts & Fasteners
ELECTRICAL
INDUSTRIES ·
·
Batteries
Motors, Generators &
Switchgear
Cable & Conduit Transformers & Insulators
CLOTHING & TEXTILES
Ready Made Clothing Fashion Wear
EDT OUT THIS COUPON AND SEND TO 1-
Pootwear of all Kinds Blankets & Rugs
Worsteds
Insurance: Lombards remained
steady at 543; Union remained | Whart Co. steady at $124 (nominal).
Utilities: Troms gained 25 cents at $33; Star Ferries rose by K Dock $3 at $186 (acllers): Yaumatis Provident stayed steady at $113: Chind
Lights lost 40 cents at $20.20; 1K Hotel. Electrics declined by 85 cents at K Land - $20.40; Telephones gained 25
cents at $30.
Shipping: Wheelocks lost ve Youmali ...
cents at $9.35.
Docks, Whurves and Godowns:
Bonus
Hongkong Wharves lost $4 at HK Tram
| $206; Hongkong Doeks galned $1
at $114; Taikoo Docks declined
by 51% at $70%; Providents lost Ch. Light
140 cents at $23.40.
XD ......
24.70 20 1000
Electric .... 20 29.40 2000 Telephone 3722 38
Hotels, Lands and Buildings: Hongkong Hotels dropped by |$11⁄4 at $41 1⁄44; Lands increased by
$3 at $78; Realties lost 2.5 cents. Cement 614 02 at $1.026.
Dairy Farm 322 Industrials: Cements slayed steady at $82.
Waison
37 Allled declined Textile
'inv. Stores: Dairy Forms
4.15 by $14 at $321⁄44; Watsons stayed steady at $37 (buyers): Lane Crawfords dropped by $3 at $41, Cottons: Textiles declined by 75 cents at $8.20; Nanyangs lost $1.00 at $14.
100
1500
500
ORIENT
EMBARKATION NOTICE
R.M.S. "CORFU"
EMBARKATION: The ship will be berthed at No. 1 Pier, Kowloon Wharf. Passengers should embark between. 2.30. p.m. and 4-p.m. on Friday 16th December,
300032
SAILS:
1000 6 0,20
500 131
5000 8.20
11750 1.20
Nanyang
XD...
14.20 4.40
Rubber
5.00
1000 @ 6.60
5500 5.35
77.20
70
71
100 ár 7015
500
2016
200 TO
Investments: International In-A vestments lost 10 cents at $10.80; R. Trust Aliled lost 10 cents at $8.30; Talkoo Duck Hongkong and Far East declined
by 40 cents at $15.20.
23.10 23.20 1000 23.20
Market diary Humphrey's
300 e 25.20 Friday: The Stock market, neatly
1.50 1.325 29600 61 1.023 has been very active throughout
300 er 1.00 the day with
G000 1.173 Interest evenly as ..
15.00 15.90 1000 13.30 spread." Art from Lands that
La Craw
41
500 or $11% fluctuated from $50 to $72 all | Underwrifer 185 11.40 other stocks maintained theis in' Inv... 30% 10.80
within very
Tarrow & FE
Inv.... Himli The markot
closed. Gilman firm. The turnover amounted VIDIO to approximately $5,280.000. Dividend & Bonus Announbe. ments during the week Nut yong Colton MU, Ltd. Interim 50e per share.
Monday:
The market opened
Wool. Raw, Scoured & Tops briskly, and gains were general-
PACKAGING
INDUSTRY
Paper Bags & Paper Socks Cartons
Moulded Contatuers Egg Trays
AND MANY OTHERS !
The Kúnior Trade Cómmistioner: Yor the Union of South Africa In Tost 'Asia.
3að Floor, KPM Buliding, Robinson Road, Singapore,
Please send me the names and addresiès ',
of South African Exporters off-m
The home and bedress of my firm is as follows:-
ADDRESS:
NAME.
ly registered, Interest
KLAM
fairly spread, with Providents imd Lands rising in price on a good volume of trading only to use a little from their peak to- stocks warda the close. Other remained very stendy, and the turnover Was approximately $4,050,000,
Tuesday: The market was dia- tinetly coster and small losses were in evidence in every sec- Hon. The trend however WA not pronounced and appeared to be the result of caution rather than profit taking or lack of confidence. Buyers held off en the close of the day which showed n reduced tumover of approximately 32,800,000.
Wednesday: The market was fälher erratic with gains out- numbering losses at Arst. The movement became rather orratle within narrow limits and ended with a turnover of opproximate- ly $2,750,000 for thỏ half day's, trading.
Thursday: Caution ogein dominated the market and in the Imited trading which took place ¡fractional Idsses were evident in most sections. Lands and Hotels wero sirong and maintained their priced on reasonable voluine.
Exchange rates
Fisine was done in the, focal- hofetal excliatge market? This morning at the following tales: U.S. dollar tpår-5137 J.. Sterling noten (per £1): Australian Potes (per 21 Indonesian Rupiah]_(per 100).. Batticals (per 103).
15.0% 12.07
5.20 24.10
Bingapore (Bīraits)
1.41
14.00
25,40
BAGGAGE:
1960.
The ship is expected to sail at 5 p.m. on Friday, 16th December, 1960.
Should be sent to the Hong Kong and Kowloon Wharf Co.'s Godown (No. 2 Gate), Canton Road by 5 p.m. on 15th December, 1960. ·
SUBJECT TO CHANGE
Agents:
MACKINNON, MACKENZIE & CO.
OF H.K. LTD., Telephone: 35211/0
Christmas:
GIFT SALE
Prices Greatly Reduced On All Items
EMBROIDERIES:
Table Linens, Blouses, Handkerchiefs, Bodspreads, and Pillow-cosca.
LADIES' & 'GENTS' SWEATERS: Cashmore, Lambswool, All-wool, Beaded & Embroidered. Many colours & designs, LADIES' & 'GENTS' BROCADE "GARMENTS: Morning Gowns, Jackets & Goats
ALSO
LADIES' & GENTS' CAR COATS, ROBES, NYLON RAINCOATS, BROCADE AND WOOLLEN
MATERIALS AND CHILDREN
WEARS
ollar
ETC.
17, CAMERON ROAD, KOWLOON. TEL. 62261. (Opening Hours: 9.30 a.m. to 8 p.m. Sunday as usual)
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