1961-06-09 — Page 2

風

PASSPORT

TO SECURITY

AWice invest

BANK DEPOSITS WITH LOMBARD BANKING carnateady 67% Interest in assured Security, without deduction of United Kingdoms income tax. Ask the Manager of your local Branch or write to The General Manager at Heal Ollive for your copy of "Bank Deposit Account" Booklet No. A. 74

Assets Exceed £100,000,000

Open a

BANK

DEPOSIT ACCOUNT

wilst

LOMBARD BANKING,

LIMITED BANKERS

Brod Office:

LONTHARD HOUSE

CURZON STREET, PARK LANE, LONDON, WI

GRO SI1 (30 lines)

A World-Wide Banking and Finance Organisasion

CALL 59195

FOR GENUINE DRYCLEANING

O

COLLECTION and DELIVERY

SERVICE

THE STEAM LAUNDRY CO.

No. 1, Kwong Wa Street, Kowloon,

NOW

THE CHINA MAIL, FRIDAY, JUNE 9, 1961.

WEEKLY REPORT ON THE

HONGKONG STOCK EXCHANGE

MARKET CLOSES MIXED

An even two-way

movement, steady tone

Hongkong Stock Exchange prices ended

this week

on

an

irregular pattern.

There was an even two-way movement of the shares on the China Mail list compared with last week-10 declined, 10 increased and five stayed un- changed.

Hongkong Banks gained $6 at $414, but the best percentage rise was seen in Watsons which gained $4 at $50.

The Investment and Textiles let the stocks that declined.

The recently-isad Kowloon Motor Bus shares, which went down to $75 at the close on Thunaig, June 2, moved up to S70 at the

yesterday setter reaching a high of $801% then the week.

volume of business for The The werk under review (Friday toye derday) amounted to ap-

roximately $23,340,000 pared with $23,600,000 for the Previous week,

Market diary

com-

Friday: The easier trend con-

Soy.rad Influences, among tinued today as sellers exercisi d Thesi re-investment

11

prospect: caution. At

the close there

Motor

and the La trouble, appeared were considerably more buyers

provest amy Spectacular than Ikaw at in the market during the week. Steading's was the death, with mild Ructuations.

SELL

TECHNICAL

WHEN

QUY

ANALYSIS

On Stock, Trends

Research Dept. PERENNIAL TRADING CORP. 310-818 Edinburgh House Mong Bota Tel: Sipis, 38361

$30840 LESS

TO

NORTH AMERICA

by

Canadian Pacific AIRLINES

Via TOKYO

Based on Return Economy fore Hong Kong - West Coast

Book through your Travel Agent or direct with

Canadian Pacific

Union House, Hong Kong. Tot: 35011

CARGO CARRIED ON ALL FLIGHTS

nellers. Kowloon Bus stood aut contrary to the general easier streng and closed! $1.50 above yesterday on a con- i sitlerable volume. The turnover i was about $1,050,000. Dividend and Boundsment during the week: Nanyang Cotton Mill Lid Final

cents per share.

Bonus an-

HK Bank Lombard Wheelock HR Wharf IIK Docks Talkoo Docks

Provident

JK Hotels

UK Lands

1K Really

જન્મ

Up or Down

Dividend

Bonas $00* $2.25

* The share market

ad

a glance ✰

May 11 May 18

May 25

Jane 1

June 8

Yield (%)

430

420

414

408

414

+8

2.0

51

$2

49

bon

50%

steady

FUS

4.0

16.40

10.80

16.00

16.40

10%

4100

3.8

408

302

188

380

380

steady

$12

118

110

114

112

110

->

"

7534xd

7434

.73

72

+86%

$9,20

2415

34

-3231

3316

334

+200

$1,30

471

47

404

45%

48

+500

$3

7014

15

73

74

+1

32.10

2.00

2.978

201

2.65

2.70

+50

13.750

40!

304

3814

393

30

-500

$2.03

204

204

214

238

239

steady

$10.30

138

130

135

134

133

-1

$0.50

38

374

36¡

37

70%

-230

$1,10

3814

379%

373/

37

37

Bleady

$1.70

4.5

HK Telephone

601%

5236

5214

52%

stendly

$1.75

3.3

G. I. Cement

67

0019

00%

00

00:4

++500

$4

5.0

Dairy Farm

39

414

3014

3821

30

4200

$2

5.1

48%26

40%

48

40

50

嘻嘻

$2.50

5114

50%

6114

5114

Bob

--I

$2.75

5.3

1514

16,70

15.70n

154H

15.10

400

750

12,80

12.40

12.40

12.30

11.70

-40€

$1

8.5

25

26,00

20.40%

20%

24,80

1,20

Dio

3.0

8.30

8.30

84

8.302

7.85

--450

BUC

10.2

14.70

14.00

15.10

11.80

13,70

-100

$1.10

8

UK TeamS Star Ferry

Taumatis

Ch Light Electrics

A. S. Watson Lane, Crawford Int'l Investment Allted

K&FE Inv Textile Cors Nanyang

When shares were five times their present value.

HONGKONG

STOCK EXCHANGE

Business done

FALL IN LONDON

Minor loss in Wall GILT EDGED

Street after a late rally

New York, June 8.

London, June 8.

Glit edged securities sunk Into the red today, to- flecting a further fall in

and fears sterling inflation.

at the Hung- thekong Stock Exchange this morn- ing amounted to approximately

Noon quotations and Stocks suffered a minor loss today after a $2,680,000, the morning's transtelions:

late afternoon rally brought many issues generally and the

Monday: The market turned upwards today and in morning nearly every share showed again. Kowloon Motor Bus continue to rise and closed with many uyers unsatisfied Banks were steady

at $784. at $408.

Shares Bayern Seliezu Sales

410 Investment companies 1K Bank..

412 43 412 lost their glamour and with t lost a few points in prie. Turnover was approximately $5,330.008.00.

1K Bank

Len. Heg. Junbatd.. Whart Talkoo Donk

1 Gas...

'Tuesday; The stock market showed that interest was more widely spread than usual, The market closed steady. Banks showed

improvement, some Utilities were steady And

mont reasonably patronised which Telephones

improved Wheelock fractionally and Buses marked The to $2.50. up gams of up turnover WAN approximately $4,700,000.

Wednesday: The stock inar- ke:

fairly proved

active throughout the morning with interest widely spread. Banks were again in demand at higher rates. Prices held their ground gaining fractionally. The turn Yousnati ever for the half-day sessina amounted $3.820,020.00.

to approximately Tram

Thursday: Interiņi was spread over most sections today, but Rubbers and Investment com- panies were duli.

410

10 4201 1400

412 53410

240

4907

7214

20 376 200 * 12

21000 1940 2115

510 211

1000 21

300 211

16.30 10 70001040

10000 16.40 175.30

1700 15.49 0000 10.40

110 40 $20

34 1000 + 334

10045

ADO A 454 74–1400 in 73 110073

48 41 לא?

100 $83% 10348 130 134

well up from their lows and others into the plus column.

Du Pont rose well over two points and General Electric about one, to keep the Dow Jones industrial average fairly close home and balance out a

than drop of more

for iwo Woolworth,

International Dustness Mac- Chocolate hines and Hershey sagged close to five cach, Back- man, Crown Cork, Continental Steel, and Warner Lambert more than two aplece.

Closing prices

Abitibi Pwr. & Paper Alden ine. Aey. Algame Steel Corp. Allied Chemicals Allied Mills inc.

Allis Chalmers

Inland Steel Co. Interchendest Corp. Int'l Businem Machines Int'l Harvele Nickel International International Paper Inti Tei & Tel

Johns Manville Co.

The

coct

fall had on the

of

a depressing stock market

recent re

was brought

gill edged Many prices in reached new 'lows' with War- Jan 3-percents at £64-11/15, 44UFI

%ינם

Closing prices

British Government Securities

Consoliniad-£40-7/16. Conversion-54%

3 Bavings 1955/65-29144.

Savings 78-7/10.

3%, Bavings 3006/75C71-7/10.

Oversea onda

German (Dawes)-£H.

B Japanese, Assented-130.

Banks & Rhawrance

Ord-88.

Bard Beak-10.

Guardia Assurance-187s J. Hongkong

Landel TMK-£ 1874.

00.

Lloyds Bank-74% ed.

Prudentin! Assur. "A

Stron Engineering

Balrock & Wilcox Or-32 4.

covery, in shares

to n halt.

48

155

7011

58%

2

1016

11

Kalter idustries

Kenshe C. Power & Ligit

1

Kennecott Copper

Kimberly Clark

ggett & Myers Tob. Co.

Lng Tulip

4012

Lition Ind.

124

HKC Dock

Hotel..

HK Land..

HK Lund

rate:

109

Lockheed Aircraft

4231

337%

Loews Incorp....

45

731⁄2

437

Lime Star Cement Co.

Larlliard P.

Biti

Lowenstein & Sons

1531

#7

McDermott J. Ray

7634

McDonell Aircraft

National & Grindleys 25.3/16.

8 4822

40

Merck

011

Royal Insurance Ord-167 Ju.

- 049%

Mesals Iron Corp.

12012

4421

Minesotn Mining

Britints olroleum-50%,

*

..

THE 134

27

Mition Development

201

Burmah Oil--395 Od.

350 134

Am. Brake Shoe...

504

Monsanto Chemical Co.

Shell Transport Ord--128 Cu.

American Airline

20

Ruya Dutch-.

394 304

3000 38

Am. Cable & Hadlo Corp.

2014

Mantecatini

American anamid Co."

44

Montgomery Word

2913

Eltramar Company-32

105.

Motorola Inc.

200 w 30%

Anier. Fuign, Poker

National Biscuit

Co.

Colvilles Ord-74

Drl.

Am. Gas & Electric

RU

National Cash leg. "A"

Dunn, Long-35

d.

S01%

National Dairy Prod.

GEA

Guest, Keen Ord-054.

20% 30.

National Lend ....

Harland & Wolf Ord-tie

thi

3337

30%

National Steel Corp.

25

New York Central

1016

7014

30%

Noranda Mmes Ltd.

401

1209

Norfolk & Western Ity.

Summers & Sons Ord-30s Cd. Tube tnvestments-is d United Steel- .

North Amer. Aviation

4714

231+

Northwest Airlines (Com.)

30

50%

Oklahoma Not. Gas

345

belk

alm Mathieson

Telephoni

.

521

J3

500 53

451

Otis Elevators

TI

2012

Owen-Linois Clas

1000 +6

5

B

Oxford Paper Co.

374

500

107

Poelie Cas & Elec.

TI MA

125

207%

કામાં કર્મ

Pan American Airways

104

0415

Paramount Pictures

7722

CO

Parke Davis Co.

$0

20066

Penny

C, Co.

门

3812

300

Bel Telephone

5445

Penn. Balt Co

30%

....

50

52 1660 51

5215 Philp Morris

FOX

1.390

1.00

14 6000 m 13.70

Bendix Aviation Corp. Benguet Cons

0235

Pitney Bowen

114

Filborg Piate Glam

3000

4000

13.00 Bethlehem Steel 640

45%

Portland Cian. Elec.

43

45

2.03

2.80

0215

34

Bq + 33

Publicker Industries Pullman

Internation Computer070, London Brick Ord-100% 30. Turner & Newall Ord-697d. Unilever Ord-14 d

Wiggins Tempe Cro-011

d.

2,075

2,70 2000 2.70

025

30000

2.075

2000

2.70

25600

0.475

British Columbia Per Calit. Packing Corp. Cana, Bk of "Canny

7214

881

64%

(N) 2.523

2.00 3750

22,335

TODO 2.35

100

78

140 7 70

2030 v 70

00 A TE

300 75

Movements Ch. Light were irregular and mostly frat tional. Watsons opened below Electric

close but

the previous day's 5000 gained Three points to close at $50. Banks and Buses were very steady and did good business, the latter providing a major share of the the day's turnover. Utilities were

gen- well supported. erally

The market closed in a strong mont with turnover of approximately

$5,440,000.00,

World

rubber

market

New York, June 8, Rex rubber futures today

closed 15 to 25 points: lower with sales of 16 contracts.

Standard contract closed five to 25 points lower with no sales reported.

a

Terminal trade was hardly brand enough to develop particular feature. Traders said.

Traders walled spot market developments and news on the threatened strike of maritime workers at all U.S. ports next Thursday. The union broke of Lodny

the negotiations

with operators.

No. RSS was quoted 30% cents and spot 30 cents, both nominal.

Singapore, the market opened higher on improved overseas advices which induced fairly brisk shortcovering initially.

Publication of May exports at 91,029 tons proved disappointing and the market cased on some country liquidation and reserve of buyers.

The market lagged sightly in the afternoon with good trading. In good demand Lowers were with scilers ensler'to come by

In London, the rubber 'markot

G.L Cement

Dairy Farm

athon

Textile

30), 30*

Nonyang 13.00

Amal. itub. 0.4 Rub. Trust. City Hotel. Really

Tot by. Gilman

H & FR Humphrey's `-

Inv...

Star Ferry. L... CTOW...

3.10

500

500 or 37

3500

307 + ראפ

40039

300 301

30-4

347%

500 17 345

200 37

300 36%

Au font rod.

Am. Mach. & Fdry

American Metal Au Natural Gas

American Snylting

Am. Sugar Ref. American Tri & Tel American Tub, Ampex

Anaconda Copper Amco Sterl

Scorp

Atta Cohn. Kaiming Baldwin-Lima-llem, Baltimore & Ohio Bank of Montreal Beech Life Savers B. Tel. Co.

Beneficii" Finance

Boeing Airplane Burden (the) Co. Barroughs Add Machine Brill Amer. Dis

90% Pure Oll

Radil Corporation 363adio Corp. Pref.

Haytheon

Republic Sleef 431eynolds Metal

Reynolds Tubaceo

2315 Royal Bank of Canada

Royal Duten

39%%

Bheem MI.

381% тро

Sears, Roebuck & Co. Shell Oil Ca.

7%, Bateway Stores

4441 | Saint Beg. Paper

190 or 15 8.15 1000 D.15 2000 B.15

Cana. Brewers

Compbell Soup Co. Canadian Pacific R. Ce 13. 1) (...

Cat. Tractor

Celanese Corp. C.L.T. Financial Corp Chuva Manka. Bank Chrysler Modern Chuct Prabody Colgate-Palmolive Co. Colombian Carbon Co, Commercial Credst Cornme Glass Works Consolidated Edinon Comolidated T'aper

C645 Schenley ine.

443 sentt Poper

4014 Siegler Comp.

17344 Smith, Kline & French

25.10

25 25.50 233

UNIT TRUSTS

431

Sinclair Oil

หา

Soenny Mobil Off.......

43 South Puerto Rico Sugor

Consumers Gas

10%

Southem Co. (Ther

Continental Chin

41

Bouthern Natural Gas

Continental Oil of Del.

#174

Southern Pacific Co.

Creole Pet....

33

Crade Co. A

02

4516

$7

18

10

453

Chown Zellerbach

Cuban Amer. - Dugar

First Hongkong Fund: $1.31 Delaware & Hudson Co.

(buyer), $1.39 (seller).

Sevond Hongkong Fund: cul (buyer) $1.01 (nelier).

Exchange rates

Business was dare in the exchango unenekl

market morning at the following rates:

U.S. dollar (per 31)

Sterling notes (per n Australiam notes (per £1) .... Indonesian rupiahs (per 1001 Stam ilents per 100) napore (Simit)

Metal market

Diamond Alkali Diamond Nat'l Distillers-Bengrama

98 Dominion Stures

Douglas Aircraft Dow Chemical ... Dupont de NemourY Fatem Ale Line Fartman Kodak

Paro Natural Cas

6.933 Conerat Foods 15.45 Ceneral Motors

Stewarts & Lloyds Orddon Oct.

0.

General Electric Ord-34 6.

Vickers Ords id.

Astou. Elec. Industries-41% Och. Brit. Flectronte Ind.-12x. Flee & Mus. Industrien438. English Electric Ord-35

Philips Lamp Works-1. Redifusion Ord-42 70.

Industriale

Assoc. Portland Cement-805 40. Boardmen Marden Urda d

Borax (Holding)—198.

Dunlop Rubber Ord-20% 30.

Fiona Ord-50 d.

strandings) Ord-On 14d.

Southern Railway (Com.)

Band

Beard Bros

Standard Oil of Cal. Standard Ol of Ind Standard Oil of NJ

Bleep Rock

47% Sterling Drug Co.

coll: slokely-Van Camp.

Blone & Webster

Chemicals

Imperial Chemical Ord-te 4d, Mousanio Chemicals Ord 22 04.

Cinemas & Television Meas Empires Ord-lls Tyd. Rank Organization Ord-32 75. Stell Theatres- 48465.

Paper

Howater Paper Ordoba Od. De La Rue Ord-in d. Spleen Ord-43 34. Tobaccos

Brill-Amer, o Carrera "B"

"Ord-70s 3d.

Iniportal Tobacco Ord-89% sd, Mtotor

British Motor Ord-15 1015. Hawker Biddeley Ord-300 30. Jaguar Car

70.

Rolls-Royce OrgIVER.

**Texilles

Westland Aircraft-19 úr.

Bradford Dyers-17 Oct,

Printers Ord-13% 718.

Curtaulda Ord-410.

Fine Spinners Ord-26a 6d. Lancashire Cotton Ord-80s 711d. Breweries Datiers Co. Ord-370 11. Cube (Arthur) Ord-s Ind Coope Ord-14s 9d.

ktoren

Great Universal Ord- Bd. Great Univerzal "A" Ord-S. FIOGEO of Freyer Ord-ale Tha. Lyons (3) "A" Ord=87′′ Marks & Spencer Ord-lik. Tate & Lyle Ordan 90. United Drapery On-70s 06. Woolworth (FW5 Ord—50 1110. Miscellaneous Bowmaker Or

Canadian Pacile Ord-$4734. Cunard Steumeliip Ord-15% 711⁄2d. Forcalel Land & Cumber=126 101⁄2d, Hongkong & China Cina-150,

Hudson Boy Co-IH.

Indo-China Def. Ord-238.

1.and Securities Dra-3 66.

P., Stearn, Nev. Def.-415 04.

Mines

De Beers Del-121

34,

London Tin Corp-17) 1jid.

Petaling in-lia da.

ithnesian Anglo-Amer.

Ord-Els

Bio Tinto Bearer)~40% 7149.

toon Antelope, Coppereda 7144. Union Corporation-008 1015d. Welkom - 4. Western

thoxana Corp-4ga Gd,

Rubber

Tesis Anglo Indonesian Plant- Ceylon Tea Upd–270. mmpesial tes

Kuala Lumpur-Kepung-de 04. Lambak Hübbereds id.

Мехра Со

Inc.

Thickel Chem.

GAL Tide Water On

321,

Studebaker-Packard Corp.

2185

Sunshine Mining

23 Swift & Co.

10511

107

2011

Textratt

201

Family Finence Corp.

43!

Ferro Corp

Firestiere Tyre & Rubber

*Time Inc.

tocal

Finet Nat. City Bank

1216

Trader Finance

This Ford Motor.....

1716

Travelfers Tos.

1102

General Dynamics General Electric

331

771-Comt, Warrante

Twentieth Century Fox Film

4516

盛

Union Carbie

142

0

Union Oil of Cal

nion Jacific Railway

441%

24

101

334

15

Ad.

**

14076

22

37

40%

12.01

3.35

Gon, Pub. Uul Gen. Tel & BMC.

20.03 1.01

Gen. Tyre de Hubber

Gelly Oil...

Gidden Co.

Goodrich

London, June 0. Copper showed a much stend-

was steady with spot quoted at for appearance tudy. Spot

24-13/18 pence.

CPAL 232

In Amsterdam,

closed dull today.-UPI.

finthhed 11⁄4 up on the day.

B. F Co. Ползуват Туга Great Northern Railway Gramman Ameratt..... Quif ou

Jatimonit Organ Heyden Newport Corp. Hurum Walker ................ Homeatak Mining Co. Herman NOTING. İdatio Power Fexperial QR si

The market / rin was steady while lead and ¦ imperial founces

zine were quiet today-UPL

Ingurwoll-Rand

201: United Altcraft

United Fruit

United Gas Corp.

4. Oyum

2016

20

04

41AL

1 Line Co.

U.S. Rubber

U.A. Smelting

40% 9. Bee!

301 1.25 1 7 P.C. PF

Warner Bros. ......

Waukesha Motor

2012 Westinatiours Aft Drake 93% Welben discus 333) | Weisen Union Trl, 2o. |335|| Werova, Peps Paper

404001 worth 1, W.)

FAS Zenith Radio

Mount J.

Ga.

Reuter.