1961-11-10 — Page 2

WEEKLY REPORT

THE CHINA MAIL, FRIDAY, NOVEMBER 10, 1961.

THE HONGKONG STOCK EXCHANGE

Industrials move forward in

UPSURGE ON MARKET London market

Extensive gains in heavy trading

The

upsurge

HK Rank

Lombard Whenlock

BK Whart HK Docks

Taikoo Docks

332

41

11.90

3.30

+500

$1.30

$3

The share market at a glance ★

Up or

Oct. 12

Oct. 18

Oct. 20

Nov. 2

346

332

354

Nov. 9

1360.

Down

Dividend & Bonus

Yield (%)

44412

360"

L

42n

420

419h

$2.25

12.80

12.50

12.80

750

350

340b

348n

354

$12

114

122

182

125

60%

64

65

001

71%

+3

$3.20

Provident

28.10n

3011⁄4

302

29.80

314

+1.45

HK Hotels

3941⁄2

41

41

412

43

+13

HK Lands

6114

68

714

7414

+3

$2.40

HK Realty

2.15

5

2.275

2.275

2.225

18.750

Stock

НК. Trams

35

37

38

384

8912

+14

$2.05

226%

228s

2288

22417

2204

2181

-2

$20.50

108xd

117

116

116

121

+5

$9.50

Electrics

444

37

374

38

41

+234

$1.10

344

3714

38

2814

+2%

$1,70

HK Telephone

38%

43

43

434

4514

+24

$1.75

G. 1. Cement

5712

61

62

64

$4

Dairy Farm

331/2

35%

35%

354

STM

+2

47n

46b

4734n

47

494

+234

38.50

384

29

30

39

391/

12.10b

12.20b

13%

12%

23.20

*70c

9

9.40

9.201

9.25

9.90

+650

20.601

20.800

20.40n

20.400

21

+6&c

$1

6.15b

8.50

6.40

84

6.20

50

1140

12.20

11.60

12.10b

12.40

+80c

$1.10

683xd

72

13

721

7734

+5

$2.80

23.60

24%

24.20

24%

24.60

Boe

on the Hongkong Exchange this week was the strongest in many months. Gains were extensive and the volume of business of about $31,610,000 was double that of the week before.

The Public Utilities stood out in a market that saw attention focussed on all sections.

Both Light and Electrics went from strength to strength, closing yesterday at their prices for the week.

best

For the second week running, Lights were transacted at alightly better prices than Elec- tries, a reversal of the normal pattern.

Other gainers included Trams, Telephones and Kowloon Motor Bury.

Best rise

Buyers also showed interest in Allied Investors, pushing the price up to $9.90 at the close This was the best percentage rise (seven percent) for week of all the stocks the China Mail list.

Monday: The week opened with a battle of buyers Jacking up the level of prices and mark- ing up a volume tapping the $5 million

before mid-day. k

con-

Banks reached $370, Docks were done at prices up to $124, Yau- matis touched $121, while Jar- dines weni to

top price $28. of

Telephones tinued their advance, the "Rights" reaching $17.80 with only five days to go. The market closed buoyant and strong with turnover of $8,940,000.

Tuesday: The market was rather irregular in the morning with a slightly easier tendency.

Immediately after the opening of the afternoon session the trend reversed and the tempo the rose at the close. The interest shown on was widely spread and most see- tions came in for a fair share of business. Humphreys closed at $26, Lands at $72%, while Docks were done steadily at $123. Turnover

was approximately $5,120,000.

Hongkong Banks gained

on Monday to hit a peak

$19

$370 during the week but cased

a little after that to close

al

$389, still a $12 gain compared with the previous week.

The next best percentage rine was scored by Kowloon Bus shares (6.9 per- Motor

end) which closed at $771% yesterday

compared $124 the previous week.

closed

a

with

Wednesday:

Star Ferry

Yaumati

Ch Light

A. 8. Watson Laus, Crawford Int' Investament Allied

HK & FE My

Textlle Corp

Nanyang

Kowloon Motor Bus Jardines

• When shares were five times their present value.

HONGKONG STOCK

EXCHANGE

By Our Own Carrespondent

Business done on the Hong-¡ Yaumati kong Stock Exchange this Ch. Light morning amounted to ap- Noon proximately $5,940,000, quotations and the morning's transactions:

Shares

.The buoyant HK Bank trend continued today on the HK Bank stock market in spite of some selling which was quickly ab- sorbed by the avid buyers. Tele- phone

Rights were very popular at steady prices. Kowloon Motor Bus were strong at very good volume. The market closed at its most powerful with a good half day turnover of nearly $4 million.

Market diary Friday: The market today

firm was

and

at with its

board strongest

Thursday: The volume topped full of buyers. Talkoothe $10 million mark in one of reached a record $894. Lights the most active daye of the year. were dope at $39 passing Electric at the close. Telephones The up- were in great demand. ward surge was well spread and competition was keen with un- satished demand at the bell.

119

120

·

41 401

Buyers Bellers

. Sales

300 370

840 308

25 a 308

Lon Reg. Lombard Allied Iny. HK & FE

Σην.

Wharf Wheelock

XD

*B2

9,50

21

290

150 289

Electric

40 40%

10 3000 9.90

500 0 21

2000 e 21.10

304 360

12.70 12.80 20300 € 18.90 Telephone

126 1000 126

200 71%

31 31% 3500 31

Gilman Jardines

:..

400

3000

2100

3540

500 407

65004034

4700 4034

100

1000 4.40%

1000 & 30%

200

2000 40% 2000 41. 1029 0 40%

2000 € 40%

100 @ $339

4514 451%

3701 € 154% 180 16

2074 @ 18.10 740 18.10 1000 18

40%4

+100

$1.25

500

*****EUNESCERN AD-ONCERES"

New York stocks decline on

reduced volume

New York, Nov. 9.

Stocks suffered a moderate reversal on reduced volume today, ending a string of seven con- secutive advances.

more

The decline W89 somewhat Jones and Laughlin.

pronounced in the blue Kaiser Alum

Dow-Jones Average than

chip

500

Industrial Kens Pwr and Light

Kemmecott Copper in the compre- Kern Country Land hensive Standard and Poor's Kimberly-Clark

KVP Paper reflecting sizable losses in Liggett and Myers such shares as Du Pont, East-Link Belt man Kodak, Texaco, Johns-lly Tuilp Manville and Chrysler. How-Litton Ind.

Lockheed Alierafi ever,

U.S. Steel and Alcoa were Lone Star Cement strong.

Lorillard P

Mellory

300 17.90 Oils, metals, drugs, utilities, Lowenstein M and Sons 21.70 21.80 400021.80 building materials, steels and

Mays J. chemicals were all mixed, cars McDermott

1000' 21.60

4.275 4.329 21000 4.30

25 25.10 100 24.80 and tobaccos "looked

2000 12.30

(Old)

2000 ₫ 12.90

5000 13.90 6000

1280

(Rts)

HK Dock

Tatkoo

123

2:00 & 125

70 731%

B00 - 72

B00 G 7135

HK Cas

Provident

+

1000 6

1500

HK Hotel

43

44 500

500

346

75 1000

2700

304 302%

Java Consol

5c. per share.

Dividend & Bonus announce-prices rose on a wide front with

the exception ments during the week:

of Banks which HK Realty Estates Ltd. were slightly easier Turnover

was approximately $10,500,000.

2.225

BOO

24 10000

500 or 2

Ceinent Dairy

65

37

37%

HK Tram

Lights and Electrics provided the main feature with an enorm- ous turnover at prices over $40 HK Land for the whole day, Telephones and Gas made good advances the Rights to the former all but

Turnover was approximately touched the $18 mark. All sec- $7,050,000.

tions came in for attention and Local P. & P.

1100 Ģ

(New) 2125 2125 150 @ 19

1700 4013

7006404

200 40 Watson

1000 402, Textile

300 or 40

Nanyang

and cosmetics

10024.90 irregularly higher.

100 g 24.70

500 & 20:10

1900 @ 26.20

6000 @ 23

1000 25.10

easter, McDonnel Alteraft electronics Mcgraw Hill

Closing prices

2600 25.10 ACF Inds

-1603 25

500 20

Air Reduction

Aldens Inc

150023.10 Allied Chemical

500 à 23.10

2030 20 65

300 37% 500 374

B00 67 39

40 @ 37% 166333

COR 371% 1000

Allied Mille

Arus Chainvera

Alum Ltd

Alum Co of Amer Amer Airlines

Amer Brake Shoe

Amer Cyandamid

Amer Elec. Pow

Merck

MOM

Mission Development Mosab Trust

Monsanto Chemical Montecatin

3419% Montgomery Ward

63 Motorois

National Biscuit

$4 National Cath Register 4276 | National Dairy

214 National Dist

National Lead

National Stee

20% New York Central

Norfold and Western

45 North Amer Aviation

Northwest Alfines

4145

373%

109%

48

1491

454

14

5734

43%

37

London, Nov. 9. Industrial stocks swept into the plus column to- day, thus consolidating yesterday's advance helped by Wall Street's performance, 55%

Government bands got off to;

a good start but later slid to finish regularly Hirer,

Stepped-up buying in

market short of stock sided the gains which often were aroutað

one shilling. Steels shore and most blue chips took to higher ground although gains among

the leaders were small.

The Un

Unilever "twins" fnched

higher on the interim dividend while Dunlop Imperial Chemi- cal and Woolworth added fractions,

British Motor Carp were very firm la motors

Marking up tactics put gold

the

mines bigher at first, but little trading developed and counters cased. Lead and zines stayed on lower levels while tins and coppers were mainly unchanged.

Dollar stocks surged upwards. -UP?

Closing prices

British Government Securities 35% Consolidated--@3914.

3%, Savings

3%. Con3/65-R

3%, Savings. 1960/70-280-7/16. 3%. Savings 1995/75-£729. 35%, War Loan-252-9/18.

Överauan Bondi

5%. German (Dawes)-2b8.

5%, Japanese, Assented-R 1527%. Banks & Insurance

Barclays Dk-529.

Chartered

Guardian Asaur

Hongkong Bank-

Landel Trust-518 38. Lloyds Bank—665.

Lombard Baaking Ord.-13 450. Pridential Assur. "A£25-3/18. Royal Bank of Canada-£271. Royal Insurance Ord-448 10 d.

On

British Petroleum-4s. Buttban Ol~34. Shell Transport Ord-115% ed. Royal Dutch-42-3/16. Ultramar Company-25% 710.

Steels Engineering Babcock & Wilcox Ordis 9o. Dorman, Long-26% 6d. Guest, Keen Ord--823 6d. Harland & Wolff Ord-13 10. Steel Co. of Wales-348

Stewarts & Lloyds Drie-40% $0. Sumner & Sons Ord#43% 11⁄2d. Tube lavestments 662" Bd. Ualled Steal-428 84. Vickers Ord-258 1011⁄2d.

Electric

Assoc. Elec. Industries ––329. 60.

Ord--300 Assoc. Television "A"

Birintagham Sound--40 d. Brit Electronic Ind.-10% 116d. Brit, Ina. Callender Ord-56a vứt, Elec. & Mus. Industries--360TM 731⁄2ch. English Electric Ord-291. General Electric Ord-279 30. Philips Lamp Works-10-25/38 Redfusion Ord40s.

chain many in Industrials.

Amber Fortiend Cement-Bis 450 Boardman Marden Ord-1120. Botar (Holdings)---168.06.

Decca Records Örd-Gla Bd.

Dunlop Rubber Ordeď, Prisonai Ord-9ks; dda

filmen (Holdings)-Ord--ës 11⁄2d. International Computers-09 30. London Brick Ord#678 Turner & Newall Ord,-30s 34. Unilever Ord-424) Wigela" Torpe Ordulás ter

CINEMATERŽI...

Imperial Chemical Ord~42 1944. Monsanto Chemicals Ord§ 30.

· Cinemas & Televisión" ABBOC. Brit. Pictures 49ER!ith, Ronk

-10150. Paper Bowater Paper Ord-489 36. De La Rus Ord-40s 0. Spicers Ord40a.

Tobaccos British-Amer. Tob. Ord-60s ad." Gallaher Ord--39s.

Imperial Tobacco Ord-63 4.

Motors

British Motor Ord-142_ad.” Hawker Siddeley, Ord-2 49%. Jaguar Cars Ord=124%. Blyď, Rolls-Royce Ord—389. Westland Aircraft-17s 3d.

Textiles

Bradford Dyers'—12k 45a. Calico Printers Ord-12s 45d. Conts (JP) Paton & Baldwins-41a

6d.

Courtaulds Ord--30s 6d.

Pine Spinners Ord-21 3011⁄2d. Lancashire Cotton Ord-488 ect.

Breweries: Distillers Cord-319 10:54. Guinness (Arthur) Ord-635. Ind Coopa, Ord-14# 450.

BioTes

64.

ød.

Great Valversal Ord--548. Great Universal "A" Ord--49s. Lyons (7) "A" Ord-71s 3d. Marks & Spencer "A" Ord-3034

Tate & Lyle Ord-97a 4kd. United Drapery Ord-478 3d. Woolworth (FW.) Ord.-62% 47%d. Miscellaneous

Bowmaker Ord—118,

Brit. Commonweal Ship. Ord-20s

Canadian Pacific Ord-$43. Channel Tunnel-28a 6d.

City of London Real Prop.---77a. Cunard Steamship Ord-138 72d, Forestal Land & Timber-10s 7%d. Furness Withy Ords 3d. Hongkong & Chinn Gas--239- .id.

Indo-China Del. Ordens,

Lond Securities

P. & O. Steam Nay. Deti-286 Figs.

Mines

Angio

413d.

American Corp. SA 198

rit, South Africa Co.-599. British Tin Investment--178 714a De Beers Def-143% 111⁄2d. London Tin Corp.10% 4124. Mount 11-33s 90.

$4.

Petaling Tin—88. **

Rand Selection, 422 Bd.

Rhodesian Anglo-Amer. Ord-56a

Rhokana Corpo-dia Gdnies Rio Tinto (Bearer)- 1dis Roan Antelope Copper® 15160// Union Corporation—får 2056d #127 Welkom Gold Mining-18: 412day West Rand Investment Trust S gd.

Western Holdings-11Es Od. Southern Mälayan Tin-ks.

Rubber & Toas Anglo Indonesian. Plant-is 41⁄41⁄2d. Imperial direkt 30, Kuala Lumpur-Kapang--29 71ijd. Lambak Rubber-469 1011⁄2d.

-Reuter.

The Hongkong & Yaumatt Ferry Co., Ltd.

TIMETABLES FOR OUTLYING DISTRICTS FERRY

SERVICES

In force on and after 12th November, 1961.

CHEUNG CHAU FERRY SERVICE"

Leaving CHEUNG' CHAU for HONGKONG

**

Wilber St)

(Va SMB. & Peng Chau)

Direct

(Direct)

và Sure. & rung chuy

(Direct)

Leaving HONGKONG for

CHEUNG CHAU

6.10 am. (Direct)

4.00 am. (Vandberdeen to pla

8.35.

Vin Beug Chau & S.M.B.) (Direct)

6.40

B.08

Vi Feng Chau & S.M.B.J

7.30

71

44

10.00

*(Direct) DES

9.00

ir (Vis SMB. de Peng Chauj

11.00

(Vll Peon Chau & SILE

10.15

1415

11.30 .. (Direct from 17ilmer Stj

11.00

Ja

37%

49

Amer and For Pow Amer Mach, and Fdy

BCiclabioma Nat Ga

52.00 nicion (Direct)

11.20

394%

Or Mathieson Chem

1:30 pm. (Direct)

0.15

1000 0.10

12 12.70

Amer Metal Climax

331

OH Elevator

Owen Illinois Glass

2,30

1.45 (Via Peng Chau & 5.M,B.)

Ddrest)

2.14

17

Oxford Rever

4,00

(Via Peng Chau & S.M.B.)

3.4%

"

Amer Smelting

64

Paddle Gent' "

00

(Vis Aberdeen from

4,00

Pacific T and T

Wumer St.)NKAREVA

5,16

Amer Tel and Tel Amer Tobacco

Romam Always

6.45

Wịa Peng Chai. & S.M.B.)

6,00

6.00

Directyou.

7.20

10 BULB B Hạng Chau)

Direct) Chau & BMB)

8:00

(Direct)

9.20.

(Direct)

6.95 52 2000 @ 6.10

G.50

Amier Nat Gas

Amer Photocopy

Amer Sugar

2500 40

A. Rubber

2500 394

R. Trust XD

K.M. Bus

776

78

500 G 78

Amoy

6.45 45

200 78%

Sincere

100 & 78%

100 79

200 @ 79

500 & 7814 200 78 1000 @ 7735

City Hotel

Emporium. 12.20

Construction 17.60

Sunggla

3.00

39

ני

1.30 pm. (Direct)

יי

(Via S.M.B. & Peng Chu)

Direct to Witmer St.)-

ILA EM & Pang Chau

Dirett)

(Via S., Be P Chau)

(Direct)

MORE and MORE

PEOPLE ARE OPENING

62

BANK

DEPOSIT ACCOUNTS

with

LOMBARD BANKING

SECURITY Share Capital and Reserves

exceed £12,000,000.

INTEREST Your funds earn interest from the day you deposit until the day you withdraw. NO Capital Depreciation.

SAFETY

ASSETS EXCEED £100,000,000

Interest paid without deduction of United Kingdom

: Income Tax

Write today to the General Manager for your copy of “Bank Deposit Account" booklet Ng, A.0.74

LOMBARD BANKING

LIMITED

·BANKERS --

LOMELAND, HODIE"

CURZON STREET, PARK LANE, LONDON, WA

CROMAM 4311, 110 khan) (97) wildvilia Bankweg and P'trande. Organitzt kom

Exchange rates

Asia Nav...

Metal Ind.

local Sh. Dock

Business was done In the unofficial exchange market morning at the following rates:-

US dollars (per $1)

this Sh. Land

5.672

Cald. Macg.

300 F 38%

Sa 39

200 * 391% 1000 26.30

Humphreya . Lone Craw.

25 201

1950 @ 3915

1000 39

1000

200 307

1000

3.05

Invest 13.10 14.40

3000

13.20

Stur Ferry.

*220

Hope

2.35

Macao Elec.

141

2.20

✓002

(Ord)

54

Sterling notes (per (21) Australlan, 'notes (per £1

15.77

Java Consal.

12.66

X.D.

35¢

Japanese yen (per 100).

1,5D

French now frane (per 11..

1.33

Brazilian cruzeiro, (per 100).

1.00

Argentine peso (per 100)

Korean hwan, (per 1000)

4.00

8.00

126

28.70

Prices

·0.903

Italian Iza (per 1000) Chinesh JMP (per 1). Taiwan puen-(per 100) Thai Baht (per 100) Burmese: kyat (per, 10) Pakistan rupee (per 10) Maceo pataca (par.1) Norwegian krozie” (pèr, 201

Philippine peso (per 1), Singapore Straits (per 1) Swiss franc (per 1) Netherlands guilders (per 1 West German D-Mark (per:21. Cuban Pont

OMINICAN

d

STOCKS & QONOMIT=FS

TECHNICAL

ANALYSIS

CHICAGO GRAIN

Chicago, Nov. 9.

Ampex

Anacorida

Атто

Armi

Atlas Cons Mining Baldwin-Line-Hamston Baltimore and Ohlo

Bath Indu__ Worke Beecrout Lite Bayer

Bendix Corp

Beoptola) Finance

Banquet Cons

Beth Steel

Blaw Knox

Boeing Airplane Bardezi

Borman Foods

Burroughs Corp.

Calf Farktog Campbell Soup

Canaan Brewerter Canadian Pacifis Carrer Corp

Caterpillar Tractor

Celabode, Ca

Chesapeake and Oko

Chirkader Corp.

Clue Peabody

Cocks Cali Coate

for Chicago grain futures edged lower in

slow Col

and mixed dealings.

Prospects for a large export

Combustion

business next week helped Co

wheat

Exporters reported

several European

bought parcels

soybeans-UPI.

Coed

that Continental

Coming. Glass countries Crape Co

of corn and Crown Zeile

New York copper

Cuban" Aznaricati. Bugaz Dayed

Deere anii

Delaware, and

Diamond Alkal

Distillers-Beagama

Dougies DownChan

New York, Now. B. Durst.de Comper futures closed 11 to Tuquets 17 points lower with cales, of Fa 148 contracts,

The second El sussion recession at London and labour uncertainties in Chile, brought an Increased? flow of liquidating and heure

orders while buyers p Bwait further develop SUFLE

UNIT TRUSTS

to

Paramount Pictures

Parke" Davla

Pennsalt Chen Penny J. C. Pend-Cola

PRRip - Martin 394 Pilbury Flour

33% Publicker

4141 Pure C) 344/Radio, Carp

334) Raytheon

Reynolds Met

Schenley-Inde

and -'French

验

SILVERMINE BAY FERRY SERVICE

Leaving HONGKONG for SILVERMINE DAY

. BA Tan Co Bang Chau *5,00 7,5), (Via Peng Chou)

11.00 (Va Pere Chat)

1.45 p.m. 4.00 Via Hang-Chun) 845 va Pour Chau

7.20.

"Leaving" SILVERMINE BAY for

HONGKONG

7.20 am. (Via Peng Chau)STA 30:30 Via Feng Chai

#11409) (918 Peng Chauj

1,38 pin Direct)

BB AZ Pane Chau 1750 M2 Peng Chinu For Sundays and Pubile Holidays only, PENG CHAU FERRY SERVICE *

Leaving HONGKONG for PIANO. GIUN

Leaving PENG-ED GONGKONG

12.05.p.m.

TAI O — CASTLE PEAK FERRE SERVICE

Les BONGEONG:

Hongkong

Kap Bii Muz-

Caille Pri

Tung Charg -Arriving Tal

·TAI O'

Leiving: "TAL O

2.00 pm Tai O

Rap Sul Mun

-450 6 | Azitving: “Hongkong #7167 10.30 SPECIAL FERBY (VIA ABERDEEN G (From Wilmer St. Ferry Pier)

Là ọe. HONGKONG Đới

4.00 pm. EXCURSION FERBY TO TALO

Salling on Tuesdays, Thursday, Saturdays, Sundays and

Public Holidays y

HONGKONG "P1) 300 am. | Leaving FAI

(Calling at Tung Chung) sa pang (Calling at Tung Chun

HARBQUE FERRY SERVICE

Leaving TAP/ARUM) (167 TAIFO: KAUHU donat kyt vt