1961-04-14 — Page 2

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THE CHINA MAIL, FRIDAY, APRIL 14, 1961.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

STOCK MARKET EASES

Prices improve

at the close of the week

The market eased on a wide front during

the wook.

At the beginning, some prices wont to levels comparable to the recent races* ∙sion's low point, but at the close yester

day the market improved.

The leading share, Hongkong Banks, fluctuated between $422 and $440, before closing yester- day at $430, a drop of $10 on last week's closing price.

Of the shares that declined, 2% days of trading the previous Wharves were the blegest losers week, the volume

Was

of business

Market diary

at $414, ex dividend, compared was about $29,040,000. with $430. ex dividend. Inst week. The

steadiest Wheelocks which fluctuated be tween $15.00 and $15.20, closing nt $15.30.

at

A feature of the market was City Hotels which opened $31 yesterday morning and closed at $30%, a gain of 16 per ernt in the same day of trading

Hongkong and Far East vestments continued closing at $21,70.

-

to

gain,

The volume of business declin- ed during the week under review (last Friday to yesterday) to about $28,890,000. During only

INVESTMENT QUOTATIONS

was

Friday: The market steady with price changes mostly fractional estalsishing no par- licular trend. Utilities were the of attraction, the being the main centre interesting feature

near parity between the two Electric Companies. Some shares pront eased due to weekend

the market casly taking, but absorbed these offerings with little loss in prler, showing the strung undertone which exits. H.K. & F. E. Investments again mode and buyers attracted

improvement. best the day's Turnover was approximately $7,980,000.00.

HK Bank Lombard Wheelock

ilk Wharf

-10

The share market at a glance ✰

Up of

vidend

March 9 Atarth 16

1930

1085

Afarth és

428*

Apk &

April 13

Down

440

430

A Ba

300**

10(%)

Z.B

52

50

49

491

491

steady

$2

18

15.30

14.10

15.80

15.30

-500

600

1.8

130

382

470

430xd

414xd

-10

$13

2.D

1x Docks

140

149

132

118

119

+1

51

3.4

Talkoo Docks

801

RO

7014

28

70%

~~115

$9.20

4.1

Provident

49.30

20.40

20xu

304

20.10

---1.15

$1,30

4.4

nk Hotels

5015

494ex all

466x à 11

4671

401

steady

$3

HK Lands

9134

78ex all

7346

78

70

$2.40

2.80

2.725

244

2.375ex rts 2,40

13.90€

3471

3234

30

3794

+1

$2.05

#14xd

210

204

200

207

-%

$10.50

145

152xd

130xd

130

$0.50

321

3914

37%

3034

$1.20

2.0

42a

30

3314

38%

37

$1.70

72xd

4614xd 6914

4314xd

4532

404

$1.75

2.8

CO

€7

0614

500

$4

0.1

4014

51

42 4814

40

30%

3914

-254

$2

48

47

40bxd

$2.50

214

Бо

47

5174

BOLD

1

$3.75

5.3

15.10

13

14.00

2415

14.20

----306

5.1

13

12.70

11.80

11.00

11.70

-200

$1

8.4

20.60xd

10.00%

18.20

21:30

21.70

+400

000

0.05

8.70

8.15

8.40

814

Я00

0.7

144

13.80

12.80

14.80

14.10

103

$1.10

7.0

HK Realty HK Tram Stär Fres Yaumatis

Ch Light Electrics

HK Telephone G., Gement Dairy Farmı A. S, WalSON Lane, Crawford Int'l Investement Allied

HK & FE Inv

Textile Corp

Nanyang

*(Sub-divided into five stares).

E 3344

48

**(Before sub-division of shares).

LONDON STOCKS

CLOSE

MIXED

London, Apr. 13.

Chemicals

Imperial Chemical Orl-218 10:50. Monsanto Chemicals Ord-24 d.

Paper

Electrical equipment equities jumped ahead on re- cord profits and higher dividend from C. A. Parsons but elsewhere in industrials uncer- tainties on next Monday's budget kept buyers away. The market closed mixed. Blue chips were often mark- ed lower but ended above the worst after narrow movements, Obtimists remained disappoint- of results cised with Bood released today.

Leaders which shaded includ- ed Courtaulds, British Motor Corp., Imperial Chemical, Rolls Royer and Unilever.

Gold

Dividend & Bonus announce- ments during the week:

Chion Entertainment 50 per share.

Entertainment Bonus China 70 els per share,

n

shares managed

but buying

some showed

market Monday: The stock The following are US. Invest was quietly Easier today, but ments as in American dollars. sellers appeared to hold off in Buyers' prices include commis-the expectation of better prices.

This resulted in smaller turn progress sion:

over. Utilities were the most little vigour. CoppeTB stayed 9.04 active section, bul price changes firm while profit-taking glipped Bears were firm in 4.09 were small, Trams actually im- tins. De

proved contrary to the general diamonds. trend. Turnover was approxi- mately $5,400,000.00.

Sellers Buyers

Amated Fund Am Bun. Shts Atom Dev Mint

8.30

4.38

Axe lought D

0.20

10.00

Dullock Fund

1412

15.47

Canada Gen Fund

15.32

16.74

Canadian Fund

17.65

19.42

Canadian Int. Gr.

11.71

12.81

Chemical Fund

12.40

13.51

Commith Slock

17.51 10.03

Dividend Stra

9.30

1.04

Dreyfus Fund

17.23

16.73

Ealue. Stock

13.74

24.71

Electronica Inv.

3.40

0.38

Founders Mut Fd.

11.02

13.06

Hamil Fd.

IC-7

5.60

6.21

Insti Found

11.72

14.03

Incit Crowin

12.31

13.35

Instit Income ....

6.64

7.32

Invest T. Hoslen

12.71

Keystone Cust B2

21.37

Keystone Canada

10.40

Max Inv. Tr

14.34 10.11

Must Growth

17.03

10.27

Nat Sec. Ser Gr.

9.03

10.77

Sevdiler A1 & C!

1992

1.02

Teley Et. Fl...

4.83

1.02

721

1.03

13.30

10.03

Value Line Fund V.J.P. Wellington Fund

UNIT TRUSTS

Japanese bonds showed Arm- Gill- neas in foreiga bonds

and good day edged had p Tuesday: The ensler tendency connued on the market today. worked for gains running up to Wur loan 31⁄2 per Buyers were selective and some £3/18th, stocks were distinctly dull. Price cents notched £1/8th to £37-

und 13/18th. A new slx per mcderate changes were although generally on the lower local government stock opened discount but later im- side, held up quite well. Utilities at n

cent

again led the market in volume proved 10 its issue price.-UPI. followed by the Investment]

Companies which held steady prices. Turnover was approxi- mately $5,350,000.00. 17.02

<x

First Hongkong Fund. dividend: $1.31 (buyer), $1.30 (seller).

Second Hongkong Fund: 96 cents (buyer), 91.01 (seller),

market The Wednesday: turned upwards on a wide front with Utlles again today popular.

City Hotels made a rapid rise to $3 a gain of $2.50 In que hour. Banks gained fractionally

said of which

all might be sections. The tone was confident and steady with a turnover for the half day at approximately $3,710,900.00.

Thursday: The market fal-

of much

yesterday's lowed pattern and edged upwards where changed and closed frm with a turnover of approximately $0,470,000.00,

P.O

ORIENT

LINES

EMBARKATION NOTICE

R.M.S. "CHUSAN"

EMBARKATION: The ship will be berthed at No. 1

SAILS:

BAGGAGE:

Passengerb Pier, Kowloon Wharf. Ahould embark between 2.00 p.m, and 3.00 p.m. on Friday, 14th April,

1961.

Tho ship is expected to sall at 4.00 p.m. on Friday, 14th April, 1981.

Should be sent to the Hongkong & Kowloon Wharf Cu's Godown (No.. 2 Gate), Canton' Ilond, between 8.00 a.tt. and 5.00 pm. on Thursday, 18th April, 1981,

SUBJECT TO CHANGE

Ageilts:

MACKINNON, MACKENZIE & CO. OF HONG KONG LTD. Telophone: 86211/0

29

Closing prices

Delth Government Beerlea Consolidated-41 Conversion-C355-15/16. J., Savings 1955/03- 90-15/id. 3 Savings 1909/10 C7B-1/10.

Saving 1983/75-C71-11/in.

Overacks onde

3. German (Dawes est 5. Japanese, Asrenied-ERIK.

Bank Insurance Barclays Urd-70s 3d. Chartered Bank-01 (k).

ardian Assuranc Hongkong

Lloyds Bunk- 30.

Lombard Banking ord-423-15/16

Prudent Aszur.

Brith Petroleum-391 33.

mah Oil-47 30, Shell Transport Ord-1395 34. Royal Dutch-£16. Ufframar Companys

d

Steel & Engineering Babcock & Wilcox Ord-551 d. Guest, Keen Ora-00

Harland & Watt Ord-39. Stewaris & Lloyda Ord-sus. Tube Investments-Bir 33gu,

United Steel-678,

Vickel Ort.—333.

Electric

ar dd.

A. Elec. Industrien Elec. & Mus. Industries-48, pd. English Electrie Ora-30 dif General Eeletrie Onl-375 . Phillips Lamp Works-£29.

Assoc. 10d.

Industrials Portland

Cine--831

Boardman, Marden Ordi zid. Borax Holding) -19% ed. Becca Records Oru.-19. Dunlop Rumber ord.-251 64. Forestal Land-ti

d

Cilian Halding) Ord-9 d. Tudron's Buy-25-13/10, Rediffusion Ord-45% 3016d. Tuter & Newall Drd-Tie tid. Batiover 100 tid. Welland Aircraft--176 4344. Wiggin' Tenpé Ord--82u 4116.

CAHERICAN

STOCKS & COMMODI

卡

WHEN DKFY

TECHNICAL

ANALYSIS

On Stock Trends

Nalbirch Dibt. PERENNIAL TRADING CORP. $10-110 Kandyryth, Lond Hai Kio THE TING BEDR

Bowater Paper Orda 2015. De La Rua Ord-Dis 3d. Sulcers Ord-43 Od.

Tobaccos

Brith-Amer. Tub. Ord-eds 21. Carreta "B" Ord-s 4. Imperial Tabacco Ord-075 d.

Biolar

British Motor Ord-16s_31. Hawker Siddeley Ord-300 Od. Jaguar Cars Ord-978 d. noll-Royce Ord-4ts Od. Standard-Triumph-124 714d.

Textiles

Calico Printers Ord-14s 10tsa. Coats J, A P.) Or-50%. Fourtaulds Ordila 34.

Spinners Ord-28 3d. Lancashire Cotton Ord-ly atd.

Breweries Distillers Ca. Ord-368 7150. Ind Coope Ord-239.

Watney. Mann Ord--is Gd.

Stathi Great Universal Ord... B Marks & Spencer "A" Ord-101 Moes' Empirés Ord-the 30. United Draper

Orl-6 Woolworth

Wall Street closes

firm after

mild

rally

New York, Apr. 13.

Stocks rallied midly in the final hours today, finishing generally firm on moderately heavy

turnover.

HONGKONG STOCK EXCHANGE

Our Ow

Transactiona werd the amallest in at least two weeks, running about 160,000

shares

Tho

b8bind this prior session. tlekker kapt

foor pied with transactions except for a tine After the opening and at the close.

Wide price swings showed up In number of special situa- tions, Transitron shed, three after Western Electric brought suit against it for patent In- but

and tringement

Bindis Decker rose over Bix on qumours of an impending new product announcement,

Allied

around three on

enter discount

Business done at the Hong-Stores added

this its plans to Exchange Stock kong morning amounted to approxi-merchandising,

Gains of six of beller showed mately $3,000,000, Noon quota. Loon and the morning's trung in Polaroid, Lehn and Fink, actions:

Shares

Buyers Seliare

EAR

K Dark ..

180 430

bd.

434

432

Ord-des sd.

434

10032

430

* 432

430

418 400

410

7634 2716

480

703%

15.30 15.40 11000

Miscellaneoisa

Dowmaker, Ord--254 Dd. Conndian Pacific Ord-$4525. Cunard Steamship Ord-10 $0.

China G-150.

101 Def. Ord-238.

Land Securities Ord--283. PD Steam Nav. Def.-479. Stall Theatres-10 d.

Bites

De Beers De-13 30. Men In Bl Petaling, Tin-Izs .

Blo Tinio (Bearers-C2. Floan Antelope Copper- torgd. Welkom Gow

Union Corporead.

".

Wenleri Holdings-fr.

Rabbers & Trak Anglo Indonedan Plant.-43 Od. Fevlon Tea Ord-20 d. Intperial Tea Ord-165. Kurie Lummur-Kepong-s paid. Lambak Rubber-351.

-Reuter.

Rubber

market

New York, Apr. 13. Rex rubber fultires today closed up 45 to 55 points

* ARE Whert XD Talkoo HKC Cire Whemlock HK Dock..

Providen!

XD 20.00

.

Revlon and IBM-the last on record quarterly earnings-and four of Jumps of

more

Interstate Department Stores, AMF and AMP Inc.

CHEMICALS UP

Steels

were generally firm

with Youngstown up

motara

I but

were mixed featuring

19.40 Ford, up two, and GM down a

117 110 000 120

big fraction

139

to

200 or 119

monopoly

1000 118

governmimi.

20.10 2920 1000 g 29.10

HK Hotel 40%

47

1000 629.29

2000 6 29.10

200 29.10

1000 43

in renetian'

charges

by the

Chemicals turned higher late with the

in the day

along aircrafts, but oils eased,

200 27.20 reflectting an aperators request CHIL that the Current Texas Oth allowable be cut. Coppers turned downwart late in the

500 £47 200 24 474

1300 à 47

I Lond

76 2016

Itz.

500 24044

40 6 13

Youmali IK Trom

130

930613)

37%

2700 3 2350

тра

30%

Ch. Light..

30% 3615

with sales of $1 cóntracts. Standard contract closed to Elec...

to 60 points higher with sales

of six contracts.

After dragging in a listless unul inid-aflernobл, fashion The Inarket then developed mote anithation under the impact of dealers who in turn worked on reports of a reviving factory Interest i the domestic spol market.

Spot No. 1 res was quoted at 30% cents, nominal.

300

1000

300

3CX

31

Sestion when hopes for à red Аста metal price increase dashed 101 a cut in the price of scrap

Among the blue chips A. and Prodd

over four „points ex- pecting 1 dividend Increase, Proctor ara Gamble added two and Bethelehm and U.S. Steel bmall fractiona Electric, Borony

General

Mobil

and Jersey Standura lost around a point euch.

Today's volutne was 4,710,000

shares.

Of a total 1,282 shares traded, 403 were higher and 601 lower. Amerlein Exelange volume was 3,100,000, shhis: Bonds volume 3015 amounted to $0,820,000.

Dow-Jones cusing averages 30 Industriala

002.02

20 Rails.

143.47

15 Utilities

112.10

IK Tel...

401 4019

63 Stocks

229.09

40. Bonds

69.14

Comm, futuro price

Cement

Dairy

Watch

inv.

6.15

Hubber

Th Singapore, the market Alld opened lower but atendica again on tome fairly aggressive | Textile

Nanyant... buying.

At higher levels profit-taking pared gain and the market be- came dull.

Prices were barely lowered in

A

500

1000

$1

1800 40%

1100 K 07

238

1000 @ 30%

144.40.

Agreed marchant

rates

Canadian $ maximum selling 11.90 17-3/32, sninimum buying 17-

1.011/32, TT.: 17-13/32, 0.b.”“

Exchange rates

- Milotitzer was đòhu th the local

Inicio Exchange

inarkot this

mening at the following rates;

8.5 dolar (per #1)

30

There was some interest In

Jowar sheets, the majority

of

terling hates (per £1) :

10.00

Australian notda (per 20

13.70

Which has on #kich basis.

Indonesian tuplah (per 100

500 or 1136

tom epic (per 1001

20.70

ingapure (Sitais)

1.01

the afternoon lit spite of higher el liport figuft.

2000

ཨཏྠ 'ཏིསྶཡམསྶ ཡ ཡ ཡ, དྷསཾ, ཙ

2018

1950

ti

Ferry

201

bes

สม

In London, the rubber fraarket was mends Wilh shot qubled at 25-13/15 pente,

16290 67 #7150

1090 971] Aala 'Hay, 2000 1 8115p. Lane, Graw,

1ving Un

1. & F..

1428 467 19000

In Asterdam the matketaman čloştei today, lih price tho polata lower-UPI,

2000 429 | Kolenten ...

DOW

2.90