1961-06-16 — Page 2

Page

A

NK Bank

Lombard

Wheelock

Yaumstis

Ch Light

THE CHINA' MAIL. FRIDAY, JUNE 16, 1961.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

GENERAL

The share market at

INCREASE

Interest shown in scramble for Jardine shares

glance ⭑

Dividend

& nonus

Yield (%)

The Hongkong Stock Exchange registered a general increase this week, although thore was a little easiness yesterday afternoon,

May 18

May 23

June 1

June 8

June 15

Up or Down

+420

414

408

416

410

+2

$40

52

49

50m

50%

stezur

$2.25

10.80

10,00

10.40

1014

101

stoady

750

IK Wharf

$02

888

380

380

289

4-8

$12

HIK, Docks

116

114

112

110

112

+2

3.1 3,0

Taikoo Docke

7834

73

72

73

7436

53.20

Provideni

34

32

3834

3334

344%

+1

$1,30

FIKK Flotels

47

403

4539

46

40%

+250

$3

FIX Landa

FB

74

73

74

78

+1

*2.10

HK Really

2.77

4.05

8.70

2.76

33.750

Ни Трастя

8914

383

191

4034

+24

$3.05

Star Ferry

204

214

298

238

aleady

$10.50

44

130

135

194

193

130

$9.50

37

37

3044

3716

$1.10

Electrics

374

374

37

31

37#1

+780

$1.70

4.3

HK Telephono

54

=2%

5234

#214

55

+24

$1.75

3.3

G. 1. Coment

00

002

00

0014

0736

+1

寂备

Dairy Farm

412

39

A. B. Watson

48

40

3694 48

85

30

steady

88

60

52

+3

$2.50

4.7

Lane, Crawford

50

51%

5114

606

51

+500

$2.75

5,3

15,70

15.70m

1541

15.10

15.30

+200

750

8

12.40

12.40

12.10

11.70

13

+1.30

91.25

0.0

HK & FE Inv

20.00

20.400

266

£0.80

25.40

+000

000

3.0

The company

Texille Corp

6.30

0.002

7.85

7.00

++do

10.2

Nanyang

14.90

15.10

12.80

18.70

19.10xd

stondy

8

Kowloon Motor Bus

82

BO

7836

1045

BZ

** Expected dividend for year ended February 28, 1901.

* When shares were five times their present value.

Int'l Investment Allled

New York Britain will not

sugar

Now York, Juno 15. World No. 8 sugar futuros today closed five lower to

one point higher with sales of 59 contracts.

Domestic No. 7 sugar closed unchanged to one point lower with sales of 200 contracts.

contract World

and

devalue

sterling

London, June 15.

600

$1.10 $2.80**

3.4

New York cotton

Compared with last week, rises in most cases were

fractional to medium.

in the Interest was shown

Jardine shares quoted on

scramble for

which will soon be

the Stock Exchange.

Applications closed yesterding.

later announced

that the offer for public salo of

at $10

share

122,048 shares was oversubscribed 56 Umez.

There were about 32,000 applications for more than 41 million shares.

meant that This

more tha $450 milion was set aside for Jardine 911,567,160 worth of shares available to the public,

The shares will be allocated by a ballot and the basis of allo- cation will be announced in the Press tomorrow,

Comparison

LONDON

MARKET EASES

London, June 15. The disappointing showing of the May trade figuras took some of the strength out of stock markets to day.

00 a

Now York, Juno 15. Cotton prices softened today

After being quietly firm this In comparison, the Kowloon after early steadiness, but Motor Bus shares which were morning prior to the publication the public ni $58 of the figures, markets tell back overall activity was on tho offered Economic Secretary to the Treasury, Anthony

slaw eido.

share more than a month ago in the afternoon mainly Barber, reaffirmed today that the British

Closing prices ruled up soven were oversubscribed four-and-result of precautionary maring

There was

only little government had no intention of devaluing to off four points. The market a-half umes, the total applica- down.

opened up 10 to off three points, tions amemuing to $230,059,000. selling.

reacted Gill edged securillos The KMB shares 'closed yes- sterling.

New Orleans closed unchanged

small gains were terday at #02 on the Exchange, and carly

of one" He said in the House trading

is well to off five points. of added "the Chancellor

News directly relating to compared with $70% tho pro-replaced by losses

sixteenth to three-sixteenths. In without Commons

a aware of the possibility of an answer

Germans were dull in foreign economy, cotton was construed bearishly, vious Thursday.

Allled Investments and Wat- continued Blow traders question that the United King-overloaded ar

was able develop-dom

to cali on threatening the talance of pay-Including the

the textile trade sons showed the best percentage bonds but Greeks were nearly

the China Mail 15 shillings higher-UPI. reserves which

"fully ments and will net as necessary situation in were

and the more favourable com-ncreases on world spot adequate to meet any speculative to deal with this."-UPI.

ments on the new crop picuto, List.

Allled closed at $13 yester- except for some unwanted rains offerings of attack on sterling."

peak of in Texas and Oklahoma sections, day, after reaching a under that from India

with $11.70 Insects were sald to he ap$13.40, compared country's non-quota US market

pearing in greater numbers, but last week, were not yet considered serious.

proved

Apecial

mixed fenture awalted pot market

ments.

markot

Traders In the

awalted

sugar

alloentiort Reports Indicated

that one or two more freighters move

had been

sugar

chartered to

from India to US pull

destinations, Hatteras.-UPI.

or porty north of

BUY

to

Barber said "the Chancel- lor (of the Exchequer) haa already stated categorically that sterling will not bo devalued and I emphatically repeal that statement now." He said that Britain's reserves stood at £1,037 million

FORD

and

the on

UNIT TRUSTS

Fund: $1.32 First Hongkong (buyer) $1.40 (söller),

Second Hongkong Fund: 00 cents (buyer) $1.05 (seller).

The certificated stock ross alightly

to 09,718 balos, plus 2,350 bales awaiting review- UPD

Anglia

Get your money's worth!

ECONOMY . . . up to 40 mpg.

SHORT STROKE ....

extra long engine life

ROAD HOLDING .

Independent front suspension

DEPENDABILITY ... unequalled parts supply and service

$10,000

INCLUDING FIRST REGISTRATION TAX

WALLACE HARPER &

The boost to Alleda came. from the company's proposat to

10 shares issue bonus shareholders in the proportion of one to every 10 held Allieds have also declared a Anal dividend of 50 cents for the year ended March 31, 2001. bringing the total dividend and bonus to $1.25 compared with $1 for last year.

Hongkong Banks gained, §3 at

$410.

The volume, of business for the week under review (Friday to yesterday) was $20,010,000, compared with $23,840,000 the previous week.

Market diary

was again Friday: Interest widespread and price changes were quite hard to and except in negligible fractions. Banks were popular and ended at the same level as they began. Kow- Joon Motor Bus shares gained a little but were more subdued than the previous day, Lands cornered quite a bit of attention at steady prices, while among the Utilities. Telephones were đone both ways in some volume. Turnover was epproximately $5,300,000.00.

Dividend & Bonus announce. ments during the week: Shang- hai Kelantan 20 cents per share. Peak Trams (Fully paid) 38.00 per share, (Partly Paid) $3.00 per share.

Monday: Wheelocks dominated the scene during the morning session at the Stock Exchange today. Opinion seemed divided as to the attractiveness of the offer of new shares by this com- pany and in spite of a good vol- ume of business, caution was in evidence. Buyers took advantage when the price cased, and put it back to its former lovel at which it remained steady, still waliing to see which way the trend wil bo established. Otherwise Inter- est was well spread, Binks were steady, Buses and Renities did good business at higher levels. The market closed strong with a | predominance of buyers slifi uni- |satisfied. Turnover was appro-

ximately $8,000,000.00.

Tuesday: The market which was quite strong in the maming sprung into vigorous life in the afternoon and closed in heavy trading with buyers bidding in- creasing prices on a vido Trent { but not with any large individual

gain.

KOTKOVNA

Banks gained a little on good volume, Telephones dominated 150 Wit Section, which Ges shares returned to the $22 mark. Wheelocks

Closing prices

Dettish Government Recarities 219%. Consolidated-40-7/10. 34. Con£47. 3 Bavings 1955/05-01-11/16. 3. Savings 1900/20

, Baving 1985/75-73-0/18. Overness Bands

German (Dawes C

Japanese, Assorted-10012.

Banks & Insurance

Barclays Ord-08 3d.

Chartered Bank-591

Guardian Assurance-52 3d Ex- right.

Honkong Bank-182. Lloyda Bank-731.

Lombard Banking Ord.-19s 10d. National & Grindley-300. Prudential Asut. "A"-£2314. Royal Insurance Ord-10 United Dominio

Trust-10

British Patroleum-30%. Burmah Ol1—3 94, Shell Transport Ord-131s 3d. Royal Dutc£44. Vilcamar Company-32 45d.

Blocks Engineering Babcock WBox Ord-31s 3d. Dorman, Lon or

Guest, Keen Ord-80s 40. Harland & Wolf Ord-178 Rd, Stewarts Lloyds Ord-47 14d. Summers & Sons Ord-52s 10d. Tube Investments-70s 10d. Untad Steel-50 Bd. Vickers Ord-34 90.

Electric Assoc. Elec. Industries 10. Brit. Electronic Ind112 d. Elec. & Mus, Industries430 English Electric Ord-35 04, General Electric Ord-34s. Palupe Lamp Work-211.5/10. Redfusion Orda 4120.

Gustment-isa. Assoc. Portland Boardmelding103 102 id.

Borex

hiarden Ord.- Od.

Ord-23 75a.

Decca Records Ord-co Dunico N Gumen

44d.

Internationat Com Id

Tumer &

Ordo 150.

Unilever Or Wallis.

Chemicals

Imperial Chem Ord-71 101d. Monsanto to Frd-22.

Cinemas Television

Moss Empires Ord10s.

New York stocks decline on

reduced

activity

Now York, Juno 15. The stock market declined today on rO-

duced trading activity,

Many carly gainers weakened (Sains Neg. Paper .. In the final hour and just about chenler Inc.

Elcott Paper every group showed forses, the Blegier Corp.

Sinclair Oil tape running late at the close.

Imli, Kline French American Telephone, Texaco, Socony Mobil Qu Du Pont and US Strel sank a Bouth Puerio Itizo Sugar

Southem Co. (17) point or more in the blue chip Southem Natural Gas

Southem Pacing Co... Southern Railway (Com) Sperry and

section Paving the Dow Jones industrial average down around

a couple of points-UPI.

Closing pricos

Abitibi Pwr. & Paper Alden Inc. Avoy.... Algoma Steel Corp. Allied Chemicals Allied Mills Inc.

Allis Chalmers Am. Brake Shoe

American Aleting

콩 마

GT

Standard Firanda Atandard Oil of Cal. &tandard Oil of Ind. Standard OD of N.J.

Stool Co, of Canad

steep rock

a

Sterling. Deug_Co.

Stokely-Van Camp.

40% Stone & Webster...

3% Studebaker-Packard Corp.

| Suzishino Mining

201wirt Oo.

Texas Co. ...

Textrou

Inc.

Thoked Chern,

40% | Tido Water Of

47

404

**

Am. Cable & Radio Corp. American Cyanamid Co.

Da

10% Tune Inc.

Am. Gas

0015

2141

40

349

4335

Am. & Forgn. Power

Electric

Am. Home Prod.

Am. Mach. & F'dry, American Metal Am. Natural Coa American Smelting Am. Sugar - Rer. American Tel & Tel American Tob Ampex

Anaconda Copper Armes Steel Armour

Asbestos Corp. Atlas Соля, Mining Baldwin-Lima-Ham, Baltimore & Ohio Bank of Montreal Bank of Nova Scotia Beech Life Savers 3. C. Tel. Ca.

Bell Telephone Benefelst Finance Bendix Aviation Corp. Benguet Cons.

Bethlehem Steel Boeing Airplane Horden (InO) C Burroughs Add Machine British Am. 03 British Columbia Per. Calif. Packing Corp. Cana. D. of Comed. Cana Brewers Campbell Soup Co. Canadian Pacine H. Case (J. I.) Co. Cat Tractor Celanese

C. I. T. Financial Corp. Chase Man Bank

Chrysler Mevorz Cluett Peabody Cigato-Pulmotive Co. Colombian Carbon Co. Commercial Credit Consolidated Edison Consolidated Peper

Consumer Car

Continental Can Continental Oil of Del. Creole Pet

Crane Co...

Crown Zollerbach

Cuban Am. Sugar Delaware & Hudson Diamona Alkall Diamond Nat'l .. Dialers-Seegrama

Dominion Stores Douglas Abramit Dow Chemical .... Dupont de Nemours Eastern Air Line Eastman Kodak

El Paso Natural Gas Family Finance Cory, Ferro Corp. .............................. Firestone Tyre & Rubber First Na City Bank Ford Motor .... Georgia Pacific

General Dynamites

General Electro General Foods General Motors

Gen. Pub. VI. Gen. Tel, & mer. Gen. Tyre & Rubber Getty ..... Glidden Co,

Goodrich (B. F. Co. Goodyear Тута Great Northern Railway

Grumman Alteraft Gulf Oil....... Hommand Organ

Heyden Newport Hiram Walker....

Corp.

Homestako Mining Co. Husman Retriz. Idano Power Imperial

Imperial Tobącep Ingersoll-Itand

Rank Organisation Ord-30 2014. Inland Stosi Co.... Stoll Theatre-78_1035d.

Рарет

Bowater Paper Ord-Ge 3d. De La Rue Ord-651 94. Spicer Ord-20 d. Wiggins Teape Ord-61 d.

Zobaccos

b. Ord-cla British-Amer. Tob. Carreras "B" Ord-35, Gallaher Ord-4 d. Imperial Tobacco Ord-70s 1. Moto

British Motor Ord-10a fid. Hawker Siddeley Ord-08. Jaguar Care Ord--1009 74. Itolle-toyce Onfinite lijd Westland Aircraft-19s 45.

Bradford D17 Calico Printers' Ord-13 Del. Coats (JF) Paton & Baldwinsda

Courtaulds Ord-35%. Fina Spinners Ord-30 M. Lancashire Cotton Ord-9 4lkd. breweries Distillers Co. Ord34, 104, Guinness (Arthur) Ord-dia 3d. Ind Coope Ord-11s ad.

Stores Grent Universal Ord-00# 9d. Great Universal A ord-50s

10338.

House of Fmr Ord-8t9 $34. Lyons () "A" Ord-021 339d.“ Marka & Opencer "A" Ord-1144 Tate & Lyle Ord—47% 754d. United Drapery Ord-108 36. Woolworth (F.W.) Ord-600 Gd.

Miscellaneous Blowninker Orl-sin solid.

many Commonweal Ship. Ord.-37A |

nitracted buyers but remained stendy at $1830, while Gimana und Tex- |ifies filled the Board at better prices. Gains were gonerat sod the upward trend was onrtablish- ed at the close which reglatered a turnover of approximately | $6,200,000.00,

Wedaonday: The Stock market was very active aroughout the morning with an upward tonder- cy. It closed fra ip stendy with a turnover munionhling to ap- proximately $4,400,000,00.00

Thruday, 'The flock market was somewÉtat Teregular and to- wards the close it showed signi of egatness. The surnover for the day was approximately · $4,240,- '000.00.

Canadian Pacific Ord-4a14. Cunard Beamship Ord=150_674€. Forestal Land & Timber15" Hongkong & China (19 Tutmon Bay Com210. Indo-China Det. Ord-22 Land Becurilles Ord-30s 101, P. & D. Steam Nav. De in.

04.

British Tin Invertident-43# 34. De Longon Pet-1306.

Corp-17 00: Mount Isa-011 $6, Petaling, Tin-11€ (0. Alo Tile theater judos, Roan Aŋlope Cpper- 8. Untoni Corporatiocide 1150. Welkom Ould Mining-1, Western Boltingu~-3ibe SS- Abokans Corp-sts 50,

Anglo Indonesian Plankymuda Dad,

Emperies

Ha Lumpur-Kepong (41).

Peuter.

Interchemical Corp..... Int? Business Machines Int'l Harvester ..... International Nickel Intentional Paper Intel Vel Johns Manville Co. Kaler Induririem Kansas C. Power & Light Kennecott Copper ... Kimberly Claric Liggett & Myers Tob. Co.

Lily Tulip

Lion Ind.

Lockheed Alturais

Loows Incofp.

Lone Star Cement Co.' Lorillard P.

Lowenelzin

Bons.

McDermott J. Hay

McDonnell Aircraft

Merck

Minnesota Mining

Mimion Development Monsanto Chesnical Co.

Monteratini

Montgomery Ward

Motorom ne.

National Bisoult Co. Nations Cash Reg. "A" National Dairy Prod. Naţional Lead

National Bleet Corp.

New York Contral Noranda Mines Lid. Norfolk & Western Ny. North Amer. Aviation Northwest Airline (Com.) Oklahoma Net. Gu Om Mathlesars Otin PlevnÍOTE Owen final glam Oxford Paper Co. Pacifio Clas à Linc Pan American Airways Paramount Picturos Parko Davis Co. Penny 1. C. Co. Penn, Salt Co. Philip Mort|S' Botres

Pit Gamble Co.

I'itteburgh Piste Cine Portland Gen. Klee. Publicker Initia Pulkmen Pune Oll

Radio Corporation Radio Corp. Pref. Faython Hebublic Bu Reynolds Metal

Reynolds' TOUROCD **** Royal Tank of Canada Royal Dutchs ...

Tradera Finance

Travaliors Inc.

Tri-Cont. Warrante

Twentieth Century Fox Fim Union Carbido,

70% Union Oil of Cal

34 Union Pacific Nailway

United Aircraft

ל1104

214

Buy

$0

15%

United FrULE

United Gas Corp.

И.В. Сурить

US. Line Co.

US, Rubber

VS. Smelting

2011 US. Steel

10

US Steel T PC. PF

| Wärmer BrIK.

331% Waukesha Motors

7234

Westinghours Ale Brako Westinghouse Electric Western Union Te!. Co. 51% West Va. Pulp & Paper 54% Winn-Dixie Stores

$814 Woolworth (K. W.) 5012 | Zenith Radio

HONGKONG STOCK

EXCHANGE

Our Own Currekoandjut

Business dong the font- kong Stock Exchange this morn- ing amounted to approximately $2,210.000. Noon quotations and the morning's transactions:

Bbares Bayers Sellers Sales

101

101

7216

4312

HK Bank..

414

410

20410

5 116

kik Bank

13

Lon. Reg.

310

316

Lombard...

60

2171/

Wharf

204

Taikoo Dock 783%

78

700 75

400 GT 75

400 22.30

1000

22.10

2000 21.10

#1%

1100 22.30.

Wheelock 10.30 10 1000 10.40

1000 út 181

0431

$4000 10.40

1300 15.40

43

IK Gao . 23 23.20 2000 21:20

HK Dock Provident HK Hotel

MK Land

Inc Land

Hts

Удіти НК Trem

Ch. Light Electric

Telephone

TD

:::

110 112 349 3515 1500 35

45)

7700 40 F 2016 05047455

49 49%

4014

Ceinent 0716

Ga

Dalty Farm 007%

30

43

Watson.**

Alled Inv..

Textos.“ Amal. Flub, Bub, Trust. UnderwriterI

Хр

40%

100 68

500 G G75%

300 304

1500 B

35 1200 653

200, 5335

13 13.10 0000 13

1000 13

300

13

7.857 2000

600 7.00

-1416

7.90

1000

143

350 15

Realty

2.723 0.775 1000

A

KMB.

Blar Ferry. 030

33000 Now 2.675 163 0000 2,60

01 01% 1520 E 0155

DOO BI

180240 100

10001 50020

Craw... 4015 51

Inti Inv.

Irry.

13

IMRA

.. 1830 1500 2000 at 15.40

29.40

158 +25 B 5,30 2000 gr 514

City Hotel, S3G

Humphreys

2000

25.00

Agreed merchant'

rates

Swiss Francs (Maximum Soll- ing 74-18/18.

Bolgloo Franes (Maximum Selling) 803.

W. Germun DeutschemaiŠKE (Maximum Selling) 08-11/10,

Exchange rates

Iruginosa Wh. Dine Vnndlelit jantotango PONTOR, A the following rutas}

Merkir noten (per (21)__

Sam. Cento" (per 100)

porn (Weite)