1961-04-07 — Page 2

THE CHINA MAIL, FRIDAY, APRIL 7, 1961.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

HONGKONG STOCK

BACK TO HIGHER GROUND EXCHANGE

The

recession has come

and gone

The recession

has

come

and

gono.

Although it lasted less than three wooks, it was unusual for Hongkong. In past years there have been seasonal recessions soon after dividend time, but on a milder scale.

The recent recession, accord-

1К Папк Lombard Wheelock HK Whart

HK Realty

glance ✰

Dividend

Our Dun Correspondent:

Stock konst morning amounted proximately $1,500,000.

Exchange this

to

ap- Noon morning's

LONDON STOCKS GAIN

London, Apr. 6.

Burinens done at the Hong With a large amount of now timp buying and Inquiry going on for the how account which covers the budget on April 17, Industrials closed the day Firm with extensivo rides, although there were tomo advorno movements.

Lon. Reg.

Whart Co.

X.D.

Balon Buyers Sellore

430 442 23440 20438 100 430

བྷ, €

100

1500

600

500 21.00

1000 v

a The share market at

Up or

March 2

1805

March D 1030

48

5%

14

15

March 10

1985 50 15.30

March 23 420.

April C

Down

440°

+12

& Bonus

$60**

Yield (%) 3.7

40

400

#teady

$2

4

quotations and

the

14.10

15.80

+1.70

600

3.8

transactions:

292

320

382

370

430xcl

$12

3.2

Bharen

1K Docks

130

160

149

139

118

-15

$4

3.4

IK Bank.

Talkoo Docks

7416

BOLG

80

7316

78

+24

$3.40

4.1

Provident

20,80

20.30

29.40

20xd

3014

1.30

4.3

HK Bank

HK Hotels

4814

50%

4014ex all

40 ex all

330

403

93

0.5

HK Lands

8514

014

78 ex all

7314

18

+44

62.40

Dk. E. Alla

221

2.15

2.00

2.725

254

2.375 ex ris,

13.750

5,7

430

HK Trams

3434

$8

3431

3214

30

+314

$2.05

5.7

Talkoo Dock

400

500

Star Ferry

214

214xq

210

201

204

steady

$10,30

5.1

Yaumails

137

145

145

133xd

139xd

+7

30.50

0.8

HK Com

2115 21.70

--

Ch Light

31

334

3241

33

373%

444

$1.10

2.9

Electrics

35

37xd

3014

30%

3814

+3

31.70

4.4

HK Telephone

461%

48

454xd

43xd

45:

+233

$1.75

3.8

500

21.00

G. I. Cement

Dairy Farm

12xd 4314

0014 42

€0

07

+1

-$4

0.1

4040 2115

40

3916

-50c

$2

Wheelock

. 15.00 15.70

14.17

15.00

A. 8. Watson

46

51

48%

48

47

-1

$2.00

5,2

Lane, Crawford

401/

5214

50

Int'l Investment

14.30

funds.

abundance

The

of

Allled

11.30

16.10 13

15

4714 14.00b

5114

+4

$2.15

5.3

14

-200

700

5.1

12.70

11.80

11.00

+100

$1

8.4

op-

HK & FE Inv

1714b

Textile Corp

8,05

Nanyang

13

20.00xd

0.05 1436

10.90%

18.20

21.30

+3.10

900

4.2

HK Dock

8.70

8,15

8,40

+250

Provident 29.60 29.90

80c

9.5

13.80

12.80

14.80

+2

$1.10

HK Hotel.

402 47

**(Before sub-division of shares).

2000 43

HIC Land. 77!2 HK Lant

Itt. 53

Yaumati XD 130 HK Tram. 351 352

54

130

Ch. Light

35 361

The high volume of business under review work (Tuesday to yesterday) Indicates

continued

ing to some observers, was ag- for the gravoted by two main factors-

11 Hongkong Bank chairman's the warning of speculative fever" available

and the explosive Laos situation.proximate turnover for the 215-

Improved day week was $29,010,000. With the

clocks

Monthly Share The official political situation most

greatly

change have

ሃ ነነ

In the Hongkong Stock Ex-Report shows that business re- back ported during the month of ground, although March amounted to $218,350,501, on to blgher Trit all to

levels compared with $87,880,724 fo their best reached between March 9 and the same month in 1000.

further The Report

shown that from January 1 up to the end of March this year, the total turnover was $401,907,730. The (otal turnover for the whole of 1900 amounted to $875,775,013.

16.

The best performers, all of which reached their best levels, were (closing rales): Lights ($174); Electrics ($384); HK FE Investment ($21.30); and Nanyang ($14.80).

The leading share, Hongkong made Banke, also

good re- every, closing at $440, up $12 the closing rate of Thursday, March 23, which was the last report In the China Mail.

HIGH VOLUME

Markot diary

Tuesday: tinued its brighter

con-

The market recovery on the International prospect. one time In the morning buyers outnumbered sellers by 10 to one and prices rose stead-

At

ily led by Banks and Wheelocks.

GJ

(Sub-dividend into five aliares).

SMALL ADVANCE REGISTERED

IN WALL STREET STOCKS

New York, Apr. 6,

Stocks scored a small advance today thanks to a strong oil section, some good

electronics, drugs and special situations.

Activity continued brisk but

Closing prices

The shipping company continu-well below yesterday's levels. There was no report due to

throughout the the holiday on Good Friday,ed to advance March 31, but the trend of the day and market for the week ended March 30 showe a small pro- gressive recovery from the re- cession's low point.

i

but sellers were

was turnover Ce- $11,780,000.00

Among the stocks that show- ed minus signs were Docks

down ($118,

$15);

scarce.

ended at $15.50. Wharves and Docks made fur-

Abitibi Pwr. & Paper ther advances, while Utilities Alden Inc. Acy. section all gained

Algoma Steel Corp. an a very

Allied Chemicals orders. large volume of buyers'

Allied Mills Inc. fractionally Allis Chalmers Rubbers improved

The Brake Shoe approximately American Airline

Radio Corp. Am. Cable and the market

American Cyanamid Am. & Furgn. Power Am. Gas & Electric Am. Home Prod, Am. Mach. & Fury. American Metal Am. Natural Gas American Smelting Am. Sugar Ret. American Tel & American Tob. Ampex

ments (5392, down 53 cents); closed in a strong and buoyant International Investment ($142.mod. down 20 cents); and Dairy Farms ($47, down $1).

AMERICANESSA

S & COMMODITIES

WHEN SELL

TECHNICAL

WHEN

D

QUY

ANALYSIS

On Stock Trends

Research Dept. PERENNIAL TRADING CORP.

610-618 Edinburgh House

Hont Kont Tel: 2004, 38164

Wednesday: The market main tained its Brm attitude for the half day's trading. Wheelocks and all Utilities were heaylly touched dealt in. The former

and $15.90

closed firm. Falr business was done in the Rubber Anaconda Copper section, with prices fractionally | Armco Steel Armer. The turnover umounted Armour

to approximately $6,400,000.00.

Colombian Carbon Co. Commercial Credit Corning Glam Works Consolidated Edison

Consumer Gas

Continental Can

BcDeTijult J. Huy McDonnell Aireratt

Merck....... Mesabi Iron Corp.

Rheem Mfg.

Sterp Rock

Sterling Drug Co.

Stokely-Van Camp.

110 120

200 21.00

4000

18,30

1000 10.00

500 + 15.00 3000 & 15.60

2000415.70 1350 18.00

500 GP 30 1000 (0.00 1000 u 20.00 300 20.00 2000 kr 47

70 1300 70

Electric

302.

19

Dairy Farm 20%, 30% Watson

17 4715 Allied Inv. 11.70 Texille

200 or 54

BOO $31

10010

100 150 2000 ja 3315 1000 $10 600 351

53003814

4500 38

500 or 3014

1000 or 331%

1500 or 3015

2000 335

2500 / 38%

120 0 38 500302

100 30

1300 30

720 or 3012

לית * OCO

2000 B

3000 38

B00

30

1000 30

2200 er 38

500 332 510039

V000 384

250404 2000 40% 2000 4051

200

2150 40 4627

4500 467; 10004404

500 CO 150007

100 00 500 OT

3000 MP 3915

12 2000 11.80

6.20 0.10 1000 0.31

67% | Johns Manville Co.

60

002

Kaiser Industries

116

Sears, Roebuck & Co.

130

Kantes C. Power & Light

07

Shell Oil Co.

10

Kennecult Copper

B415

Safeway Stores

Consolidates Paper

4334

Kimberly Clark

RA

Saini Reg. Paper

10%

Liggett & Myers Tob. Co.

901

Sehentey Inc.

302

374 Continental Oil of Del.

Lily Tulip

542

Scott Paper

$7

Lillon Ind.

110

Slagler Corp.

閃

Creole Pet

SOTA

Lackieet Alterart

42

Sinclair Ou

4812

Crine Co......

(312

Long Star Cement Co.

CO

Smith, Kime & Frenen

Crown Zellerbach

501

Lorillard P.

001%

Socony Mobil Onl

Telophone 4012

曲

40%

South Puerto Rico Sugar

431%

Cuban Am. Sugar

14

Lowenstein & Sens.

171%

Southern Co. (The

2314

Delaware & Hudson Co.

18

314%

Southern Natural Gas

01 Diamond Alkali

2015

Southern Pacific Co.

47%

Diamond Nat'l

4418

ឱ!''

Southern Railway (Con)

119

103

Distillers-Sengroms

Sperry Hand

cs

Doug Aircraft

Minnesota Mining

03

Sicndard Brandi

1991

Dow Chemical

7312

Mission Development

2014

Standard Oil of Cal.

113

Dupont de Nemours

200

Monsanto Chemileal Co.

43!

Standard Oil of Ind.

Eastern Air Line

Montecallal

30

Standard Qui of N.J.

0014

Eastman Kodak

Montgomery Ward

BITH

Steel Co. of Canada

G01

Paso Natural Gas

201

Motorola Inc.

032%

G.I. Cement CO

07

Family Finance Corp.

40

National Biscuit Co.

DI

123°

Ferro Corp.

40%

National Cash Reg. "A"

84

.........

Firestono Tyre & Rubber

092

National Dairy Prod.

со

National Lead

14

Stone & Webster" Studebaker-Packard Corp.

First Nat. City Bank

031

National Steel Corp.

OG!

Sunshine Mining

725 Georgia Pacine

Ford Moter

70

03

New York Central

10

Swift & Co.

General Dynamles

30

Noranda Mines Ltd.

4431

Техая Со.

Nortolk & Western Ry.

100~

Textron Inc.

6003

20

0412

North Amer. Aviation

4312

Atlas Cons. Mining

ชุม

Nerthwest Airlines (Com.l

Tide Water Oil

2012

143)

4024

The Juc.

Oklahama Not. Gor

347

334)

Gen. Pub. UNI:

2911

Olin Malhieron

40

Traders Finance

442

Gen. Tel & Elec.

30%

Oils Elevators

701

Travelers Inc.

Nanyong

Cell. Tyre & Rubber

643

Tri-Cont. Warrants

Owen-Illinois Glams

B012

40

Gelty Oll

18

Twentieth Century Fox Film

7

Telephone

40.

Gildden Co.

301:

Oxford Paper Co.

31

4

Union Carbide

1214

5000 B.15 2000 8.20 500+ 0.15 .. 14.40 14 0 500 G 14.00 1000 14.00 Rubber R. Trust...

7.00 0.10 1602 0.05

Beneficial Finance

4415

Goodrich (B, F.) Co.

Go

Pacine Gas & Elec.

11

Union D of Cal.

City Hotel 17.30

Bendix Aviation Corp....... Benguet Corin

0416

Goodyear Tyre

Pan American Airway

1944

Union Pacific Railway

311

136

Bethlehem Steel

431%

Grumman Aircraft

Great Northern Railway

4BER

Paramanut Pictures

TOM

United Aircraft

412

314

Parke Davis Co.

United Fruit

20

Gulf Ou

3T

Penny J. C. Ca.

391

Runity

United Gas Comp.

05

Penn, Salt Co

34

U.9. Foll "B"

4EPP

344

Hammond Organ

21%%

Philip Morris

10113

U.S. Gypsuits

1051

39%

Heyden Newport Corp.

27%

Pitney Bowes

50

U.S. Line Co.

3411

Hiram Walker

451%

Procter & Gamble Co

134

UH. Hubert

03

Ex. Ri

2.379 2.40 9tor

204 Ferry 200

K&FE Inv 912 91.00

5000 a 2.40 100 of 201 400 204

2500 211

4715

Homestake Mining Co.

421%

Pittsburgh Plate Glass

7

U.9. Smelting

35

Hussman Refrig.

10

Portland Gen. Elec.

43

U.S. Steel

500 21.00 1500 6 4112

47!

Idaho Power

GO

Publicker Industries

10%

US. Steci 7 P.C. PF

140

1800 21.00

01

Imperial 011..

44

Pullinan

Wamer BrON.

G2A

Gilman

4.00

4.70

2014

Ingerial Tubacco

13

Pure Oil

Waukesha Moto

BT

ROCD 4.725

1216

Ingersoll-Rand

02

Ratilo Corporation

Westinghouse Air Brake

20

G500 4.70

3412

1aland Steel Co.

471%

Ando Corp. Pref.

Westinghoure Electric

43

Vibro.....

Celanese Corp.

201

Inlerchemical Corp.

41

IT. Financial Corp.

DOP

Int'l Business Machines

607

Western Union Tel, Co West Va. Pulp & Paper

43

Int' Inv.

F

Peak Tran

33

Chase Manhet, Bank

70126

Int Harvester

61

F. Pd.

123

€74.

Chrysler, Motors

数题

International Niekel

G01

130

33

Lane

Craw.

52

-UPI.

Colgate-Palmolive Co.

བཿཉË

Cold. Macg.

01

Aberto Corp.

Thursday: The market opened Baldwin-Lima-Ham.

Boeing Airplane norden (The) Co. Burrough Add Machine British Am. Oil

an a more restrained note than | Bartimore & Ohlo the last few days, and price Bank of Montreal changes were slight and in no Beech Life SaveTS

B. C. Tel. C. particular direction. Trading gathered pace throughout the note. day, ending on a busy Utilitics were th busiest and made small gains, the least u which were Telepi ones which beller. Wheelocks closed $1 hesitated at the $18 price bar- rler ind remalned

steady. Among the Investment Compan- les H. K. & Far East were out- of more standing, with a rise than $1 reaching their best ever on large buying demand Docks, Hotels, Lands and Cements were

casier fractionally

The tone remained strong at the close with an approximate lurn- over of $10,800,000.00.

British Columbia Pwe Calli. Packing Corp. Cana. Bx, of Comm. Cana. Brewers

Campbell Soun Co.

Canadian Pacife il.

Cane (J. 1.) Co.

Cat, Tractor

Cluell Peabody

General Electric

General Foods

General Motors

International Paper

Int'l Tel & Tel

Tilokol Chem.

itaytheon

Republic Steel

| Rejmoxis Metal

Reynolds Tohacen

loyal Bank of Canada

Royal Dutch

Winn-Dixle Stores Woolworth K. W)) Zenji Radio_____

ܕܙܕ

1030 0.03

230 or 27 400 27.10

Humphreys 20.40 2000 1200 201

P. Pu

tord.)

21 1000 20.00 14,70

FLY LUFTHANSA NEW YORK

LUFTHANSA

GUNEMAN AVEVELINES

BOEING 707

SERVICE

TO EUROPE

Wednesdays and Fridays

TO TOKYO

Tuesdays and Thursdays

# SPEED -Rolls-Royce engines for

range and reliability! NCOMFORT - Famous Senator

Luxury sorvico in first class at no extra cost!

Sonator.

Service

For Reservations see your Travel Agent-

(or JEBSEN & CO. Tal: 95361

COTTON MARKET

New York, Apr. 6. Cotton futures today dawd- led through another slow and uneventful session to- day.

Commission selling In the nearby months, partially ogninst replacement purchases In the new erep months, provided a trading feature.

At the close the list ruled off five to up 10 points. The mar ket opened of 10 to up one point. New Orleans closed ve Iwer to five points higher.

Part of the elling in nearby months was coupled with the persistent rise in the certificated stock and the attendant discus- slon on the chances for sizable deliveries against the May con- tract.

The deliverable block today moved up to a new season high at (0,013 ales, plus 11,510 bales pwding Inspection, The com- bined total of 78,100 bales re preseliled an overnight increase br 1,345 bales-tiri.

Exchange rates

Tusinin wán done in the Jack! unofficial exchange thatket this nothing at the following raten:

U.B. dollar (per is

Imperial Chemicals rose pence to 78/7% pence and Rolls Noyce were up one shilling to 40/7/2

The Increase in Middle East

oil prices helped Brilish Petro-

leum, Burmahs, and Shell

record gains which were around six pence.

to

alt

Dollar stocks eased in sym- pathy with Wall Street. The dollar premlum

rose

onc-

quarter per cent to 0 per cent.

Steel made a firm showing while line showed some small

gaina

Rubbers and teas were generally quiet,

The forelen bond seelion re- mained quiet.—UPI.

Closing pricos

British Government Securitie 215 Consolidated-411. 2. Conversion-551

Bavings 1935/05-90-15/10. Savings 1960/70-79-1/16. 3 Baving 1005/75-£719)

Oversea Bandi

B%, German (Dawes)-0015,

Japanese, Aerenied £159.

Banka & Insurance Barclays Ord-799 vd. Chartered Bank-12 33. Guardian Ansurance-144 34. Hongkong Bank-167%. Lloyds Bank-669.

Lombard Banking On-2s.

Druh Petroleur-58. Burman Dil-403 90,

Shell Transport Ord-150 3d. Royal Dutch–£36.

Steel & Engineering o

Babcock & Wilcox

Tribe Investments-04% Dd. United Steel-07 PT. Vickers Ord. 4.

Electio Elec, Mus. Inthustries 45% J. English Electric Ord-31 ud. General Electric Ord-37 m. Philips Lamp Works-13

Industrials Assoc. Portland Cement-029 ?1:d. Boardman, Marden Ond-de Du. Dunlop Rubber Ord.-2th Dd. Forestal Land-19 34. Gibman (Holdings) Ord-Sa 0. Hudson's Bay.

Redion Ord-475 4td. Turner & Nowäll Ord-12 Tiga. Unilever Ord-102 d. Westland Aircrafi-176 414d. Wiggin's Tenpe Ord-3.

Chemicali

Imperial Chemical Ord-73, 74, Monsanto Chemicals Ord-201

Faper

Ord-318 d. Downter Paper

Do La Rue Ord-Gas Bd.

Tobaccos

British-Amer. Tob. Ord-ca dy Carteras "BO73—41 4150. Imperial Tobacco Ord-G

Motors

150.

Bich Motor Ord-10s, Hawker Siddeley Ord-20s 105. Jaguar Cars Ord-02 Gd cor. Rolls-Royce Ord-40% Tijd. Standard-Triumph-12s 24.

Textiles Calllo Printers' Ord-15s Dd. Coats P.) ON BOU. Courtauld Ord429 Dad, Fine Spinners Ord-201 36. Lancashire Cotton Ord-3% 7144. Brores

Great Universal Ord-60s Gd. Ivona (3) "A" Ord-93, 4150, Marks &

"Aco Dd. & fpcrd-138 760. EmpireE

11id. “

United Drapery Ord-B

Woolwork (F.W.) Ord-57 415d.

Miscellaneous

Bowmaker Ord-255.

Canadian Pacific Ord-$14. 2longkeng & Chinn Gas-169. Indo China Det, Ord-24, 4350. Land Securilles Org–378 7ya P.&O. Stoom Nov. Def-41

Ud.

Stoll Theatres—100 415d.

De Beer Def-1304.

Petaling Tin-11 10%.

Rio Tinto (Bearer)—£2-7/37, Roan Antelope Copper-5. Tronoh Minra--441 04. Union Corporation-478. Welkom Gold Mining-734 3. Western Holdings-120, 3,

TLUBDAY 4 Tenn Anglo Indonesins Plant-41 61. Ceylon Tea Ord-380. Imperial Tea Ord-1da. Kuala Lumpur-Kepong—31 Dd. Lambak Rubber-85 736t.

-Reuter.

US INVESTMENT QUOTATIONS

The following are US. Invest- ments as in American dollars. Buyers' prices include commis-

Amilated Fund Am Bus, Blire Atom Der Mut Axe Hourti Bullock Fund Canada Gen Fudd Canadian Fund Canadian Ing., Gi Chemical Fund Commith Block Dividing sh Dreyfus Tund Falon & it. Black Fluctuille Inv. Jounder Mut Fu Itamil ra. AC-7 Inalt Found Instit Orowth Invest Tr. Boston that, Income

Keystone Cunt 32 Keystone Canada Mais Iny. Tr. Mara Crawil NAI, Bec. Ber.

Tajev El. Fu Value Line Fund VIP

Wallington Funä

Gellers Buyers B.20 0.03 4.35 4.00

9.21 10.02

4.01 19.36

18.17 10.40

17.00 19.14 11.43 12.01

17.45 Aqsrt

0.00 3.0

17.02

1850

13.03

14.GO

33-01 12.554

3.70

6.30

11.00 12.75

17.11

J

0.04 120

22.20

24.30

10.23 17.57

14.78 thm

17.30

11.70

P.93 10.85

10.03

1.70 9.49 7.18

io.co

UNIT TRUSTS

Firat angkope Fund, ox dividend: $1.3 (buyer); $1,42 (seller).

Sterling nules (per (1)

10.00

Indonesian Rupials per 103.

Ausilian notes (per 41) ........ 11.17

TED

MAN BUAT per 1005

25.00

08

Blingapore (Bill)

215]

vmild (buyqr); $1.03 (adliery:

Becond Tiongkong Bund: