1961-12-22 — Page 2

BK Bank Lombard Wheelock HK What!

THE CHINA MAIL, FRIDAY, DECEMBER 22, 1961.

a glance ★

* The share märket at

Nov 23

Nov. 30

Dec. 7

Der. 14

Dec. 31

Up or Down

Dividend

Approx.

& Bonus

Yield (%)

354

35%

356

356

382

+$6

*60*

3.8

418

42n

480

406

400

steady

$2.25

5.6

12.40

12

12.20

12,10

12.20

+10c TA

76c

6.2

348

348

3480

382A

GA

$6

12

3.2

KK Docks

124

140

148

17

145

2.76

Taikoo Dooks

10

74

7214

721

74

+$2

$3.20

4.3

Provideni

29.30

29.70

28.30

28.40

28.80

+40

$1.30

4.5

HK Hotels

43

43'

423

431

4312

+25c

33

ช

HK Lands

722

74

73

131

74

+50c

$2.40

3.3

HK Really

2.175

2.125

2.125

2.05

2.14

+50

13.75€

6.55

39

40

4012

401

41

+75€

52.05

Star Ferry

2186

2301

2346

246

238

-$8

$10.50

4.4

117

127

128

126

128

steady

58.50

7.5

30-4

41

404

40

40

-26

$1.10

27

382

39

39

39

RD

+25e

$1.70

4.3

HK Telephone

43.

42%

42

424,

+730

$175

4

G. 1 Cement

66

67

+$7

$4

5.83

Dairy Farm

301

361

36

36

또한

5.65

A. 6 Watson

58

57

581%

571

53

+50c

52.50

4.3

28

Lane Crawford

386

38

38

37

+25c

St

B.I

Int'l Investmeni

121b

13

12.40

12.40

12.30

-10c

SI

Allied

8.30%

9.30

9.106

8.20

9.106

-10<

$1.25

13 7

HK & FÉ D

20.909

21.80

21.40

21.40%

21.10

300

4.6

Textile Corp

5.856

5.85

5,256

6.60%

3.45

12 40%

12 40n

12

101x

10 40xé

Kowloon Motor Bus

Jardines

74 24

76

75

74

se -10c +50

9.17

$1.10

$2.80

24.40

24.20x1

234x0

3.78 3.4

HK Trams

Yaumatis

Ch

Ch

Fleet

Sany Att

• When shares were five times their present value.

ערית

744 23.20

$1

500

80c

COMMODITY PRICES AN INCREASE IN

FOREIGN EXCHANGE

NEW YORK

Closing rates England ufenl 3)-dar 2 8028

2.80 Sngland Engton B.dav

22465 New 201 land 2 T880 Omers unchanged

2 1919. Aktrana

LONDON

Closing rates New

Yurk

2 30-4716-280-}{211.

Montreal 2 929, -2929. Ansterdam

189.70 Copenhagen

Feb

No rubber Jan. 78% -78a¡ TH-204 Nubber Fan: 772-772,

No 3 wubber Jan 701-789. N

Tubb Jan 7472-751

JI:

Sp.t rubber unibaked 7734-701.

Blanket crepe 75-76

No pale ùrepe 86); -87

LONDON

Clasang på res all th; prite jack

No Bol 23

term,

Jan

ALL SECTIONS

This last day of trading before Christmas saw a

general rise in the market this morning.

For example, Tulkoos moved from $72 to $74%; Lands from $73 to $74, Lights from $39% to $40 Electrics from $88% 10 $39% and Telephones from $42 to $43.

The volume of $2,540,000 an irregular incline from the

siness done was spread over a starting point on Friday. Settlement 130 vie

wide area 23% -23 Mar 231-23" Jan/Mar

Banks, which 217-234

yesterday 231-231

de- Apr /June July Sept. 24-241 Ort/Dec

lined after 24-24

a string of gains, General markets, 11

this morning $2 basis, regained

1364 ports

23-3/16-

Dollar-sized gains were re- 23-15/16

thick Kistered by Docks at $146; Lands at $75; Trams at $42%. Bus al $73% and Cements of SOBĄ

Fet

29.

22-22

Fatal crepe this Jan

2314

AMSTERDAM Closing prices all in guilders

caf. Jan per kilogram.

Jan

10.19% -10 12%

Brussels

Frankfurt

1121-11.22,

130 65 18.379-10.307, Lisbon

80 23-80.3%

[ጋ

2000-20

Starkhol 1541-1741, Zooch 1239

---UPI

Parks

13741875,

14.61-14.514. Milan

Vienna

12 10

7244-7247

RUBBER

NEW YORK

Rubber futures closing prices.

all in cents per

Rex: Jan: 2725

Standard: Jan: 27.50: Mar 268 May 27 July 27.75 Sept

SINGAPORE

27.75

Nov

27 75; Jan: 27.75.

Closing prices

cents ports:

per lb. Lob.

all in Straits Malayan

AMERICAN

STOCKS & COMMODITIES

WHEN

SELL

WHEN

TO

BUY

No rubber 215 buyers: No. 2 rubber 213 Beyers, No

3 rubber 1209 buyers No ↓ crepe 241 buyers

-UPI.

COTTON

NEW YORK

Closing prices all in cents per

Spat 35.45 nom

it.

Mai 44 30. May 34 70

Our 1341. Bec July 34 58. 33 12 Mar 33 75, May 33.80

NEW ORLÉANS Closing puces all in cents per

It

Mar 34 40 Spot 33 25 July 34 84 <h1 33 40. Mai

وال

33 8 May 390

IJVERPOOL

May 34 81: 3347

I

$2 at $128. Electrics, Hotels. were fractionally

Yaumatis added while Lights, among others better

were no

קום

There

spectacular! movements

the market! during the week under review

Friday to

Price yesterday) changes were Smal and the activity on the quiet side

Gradual incline

Banks were the most buoyant of the listed shares. From $366

on Friday, they went up to pruk of $368 before closing at $362 yesterday Banks

climb £1 Hongkong

followed their strong showing on the London market recently.

Without the sudden demand which was shown last week for

Electricity The two

and Dock shares, the approximate intal turnover for this week declined $10,800.000. It was about $25,572,000 last week

This morning's quelations and prices were:

6382 5366 170 # 384

WORLD SHARE MOUNTS

Pre-Christmas

conditions

'Pre-Christmas conditions cut into trading yester- day but the list managed to hold an even keel under selective buying. Gold mines, however, ran back sharply on Cape selling.

London stocks

The usual Reuter Hist of Landon stock prices was not received for publication this morning owing to poor radio reception.

dear sir

MISSING SHARE PRICES

LONDON

Industrialists

Losses in

the

final half-hour

The stock market faltered in the final half hour of trading yesterday as losses were extended enough to turn an irregular market lower.

These declines tan from fraction to more than a dollar in many issues, with uullis ngam enming under seling pressure Trading picked Up speed near the close, Com

earr part for pensating in periods of idleness on the floor

Chemicals, rubber firms and 1.baccos foled the decline. and Steels and motors were spotly, fractions Jower

along with oils, while strlines, i mort electronics foreign

and some Jurcraft missile stocks. Japanese issues

JOEE

showed ten gains on company news and the

merge hig

pau Imperial Chested and Cuartauki, were agam actve la lost fractions on the day

7:

Part of what selling pressure existed was traced to continued yout-end tax transactions.

to

a

Part of the selling in utilities Was ascribed to profit-taking by mutual funds looking for money they could

pay oul Their shareholders

BS capital were Rains Part also was traced to a tear that public power may present more of a challenge to private power interests in the

ende

W

Gul-edge Jacked

1

h Fonds sead shaded

Doilar stocks mainly tended easier bul Chrysler added y. US stee! were slipped for 214

or

Fuse clare

successio

Che

1.290 Issues Traded 439 and 582 feil the seventh wiet declines have outnumbered ad- Vances.

However manage

with new lows

Coppers last much of an erix advanceseorini

Tus

امارا

moved narrowly bol: Shell an Royal Du 1

jedna! STA!] I Ins }; bril

to finish a shade higher were dull

Crashmage been

For two consecutive weekdays, the Ameri- the quotations of can shares have been missing from your paper-December 8 and 12.--and I hayr greatly disappointed. Being more

from the remole business centre of Victoria, it may occur to you that certain the peninsula side people on may also have an interest on new's the up-to-the-moment

you

of the business world, includ- ing the U.S. stock market. Therefore I would sincerely asit

the to readjust

recen! change and cairy long-established polley of pre- senting news that is worth- while printing and of interest to your readers.

on your

YAUMATI READER

The correspondent is mistaken that the changes b39 -39% in beleving Elec

050 391. made in the financial page r 2500 39cently were designed to elimin- ate certain news features from)

The changes

ܐtlh

buying

helped rubbers sanintain their Pe l advance but tebis mayed niet - - UPI

Mutual funds

recommended

0

ping one

New 1981 Fighe did.

14-14

Index down

The Associated Press 60-stock

down was

for average seventh session anraa, áron.

In poil to 259.70 dustrials were down 1.50, s and utilizes down ciowa 10 0.80. The sensitive Stand..rd and Poor Index closed at 70 86 down .26.

Volume declined to 3 44 mt- lion shares from 3 64

en Wertnesday

Industrials bare

of the selling this though utilities. lower

million

nex Congress.-AP

Closing prices

Ad Chen

All Cha

Alam La Alte Co Aanerata All Ail 24493 1441

Bveling Borden

time. al-Burroughs

Chrysler Cit Serv

Canit

The day's transactions were enough to push 108) trading over the 1,000 million share mark for the Hrs time since the beetic days of 1922 Unofficial figures p the year-to-date Lolal at Cont 2 1,000.025,999 shares against '29's Corn Prod

record of 1,124,800.410

The deciing m qucted values

$51. MGM

51

sh Minneapolis # 121 2012 Mun Min Buy Moto 51% Mool Ward 324

1003.

34

לן

FIGU

Musry

Metori

694

561

Raytheon

Reynolds Met 309

704%

Tub

By Dutch $$

si Alegia

Sears Roe

South Ari

Gold 89% Call! Edison 91% South Co

34

Bperry Band 23

SP

40.

101

Am

434

The

Motorja

Art Motors

Na

Bia

An Smuck

2.

Nat Cash

135

Art Sugar

35

at Dairy

Az 1

12

Nil Distil

20

An Tul

112

Nut Gypsum 85%

Ananda

47.

No Leid

97

Armco $1

73:

NY Central 17

Armour

41

Northwest

30%

Assar Gnors PR,

Ohio O

4396

Allan Fer

Olin Math

39

Pael Cus

Buid Lima

1

100

Bendix

Sunam

21

62

Beth Sterl

Paramount

40

Pen AR

10

521

the brual Borg Warner 48

71

Peps Cola 06.

Pfizer, Cher 50,

424

Phelps Dodge 50%

again were

CPR

25

Philip M

1074

Case (

67

Phil Pet

3794

Celanese

Pure Oll

3314

Cerru

483

Radio C

57

Coca Cola

101

Repuhite St 58

Covi. 3'2%

Loan 1948;

D74

2

Bank

Phones

iu

Heg b28G

E Ana b234 A Inv FE Inv

59 30

143 2004.

made 200426 200431

New

7.21.1

21 21 21

tályme J

I provide more space, despite the extr Christmas ad- vertisin This was

done

24

The market on the whole Whorf ba $372

212-372 sppeared firm.

Although price

100 - 3741 changes were negligible, the majority of the shares showed

2004

300 411

setting all stock prices. (28 well as

ku Loretta!

bZC, 211.041

Wherlock

1000 201

2500 luan size

Mr Bernard Cornfeld, Presi- dent of Investors Overseas Services, world-wide investment banking firm, :ecommended

m⇓ tu ol funds as the ideal inveST- for Hong- ment medium kong investors. Speaking at a press confer of one point

The Gloucester

Hotel PresY Overseas, in half encr at endum st instead cet single today, Mr Cornfeld said that an 269.20

investor living

Colgate

5224

Edison

Cons Edison

53

y

Shell Oil

Crane

585.

Shell Trans 16

Crown Zel

58%

Strela O

97%

Curt Weight 1

Secony 51%

Disali Corp 42

Ni

stocks listed

New on the Yerk Stock Exchange $1,500 multion, based on a drop The Associated in 60-strat

to average

Douglas Air 3815

Dow Chem.

22

was

Dupont

239

East Air

26

E Kodak

Food Mach

107

86

Standard

Brida

70+

Ford

112

Standard Oil

Calif

543

Gen

74 Tidland

35

Gen Malts

followed Dow

Gen Mutors 5516 Obied

344 New Jersey

SOT

5lity

nu

1

Gen Phène

Georgia Pac 50

ster put

08

Büdönüker

10

Getty On 1534

Gillette Goodrich

Texaco

53

Thomp Raino 67

12

The investor

Goodsear Grace

Ingersoll IBM

Tidewater

21.

20th Fox

381

84%

TWA

11%

4212 Un Carb

1210

B4 Un Oil Calif

75. Un Parl

32

49% Uta Areraft 421

Business

f

US dollars (per $1) Sterling artes (per £1 Austrækan notes iper £1 Japanese yen (per 100) Cambodia mel

100, ¡ per French new mane ipet 11 by neúlan cruzeiro iper 100: Argentine peso (per 100) Korean hwa (per 100, Italian Hra (per 1000)

1}

was done in the local unofficial exchange market this morning at the following rates:

3.87% Land

Prov Hutri

16 85

1287

1.52

F

P

Nung

13

Realty b2 10 2 15

*

New bi x2

A

Rob

530

Tram b42! 2`,

440

250 41

500 42

11.40

in

Utd Air

381

Ial Pap

24

US Indus

公

$7

37

78

21:

75

10812

812

5500 42.

850 75

100 732

b7 8130

500 924

120

BUA

26.50

20 74%

5.80

7 70

870 ti

7 70

HAU 120

1.24 Light

£ 81

1.31

1638 40

2001 40

140 40

5000..5 Susun Hump 625 70 25 90!

500 25 70!

5 Ferry 240 242

100 240

Pur CH

1

C Hotel ba?

L.. Craw

b37 3

Int'l Inv

512.20

46 39% Metal 62.80

2001 10%

per 11 1.40

0.80

560 401

Масао

Vibro ble.30

Sh. Land

Empor. 11.80

UNIT TRUSTS

METAL MARKET

Lueston, Der 2! The tin market was easy

In r

First Hongkong Fund- $1.14 moderate dealings cash ropper (buyer) $1.22 Keller)

remained unchanged throughout the day.

514'

Second Hongkong Fund.

90

cents (buyer) 96 rents (seller).

Lead and zine were steady but quiet today --UP!

Closing prlegs all in penure pen

American Contract Dru 24 20. Mai 2463 Mas 25 23 Judy 25 25

24 85

24 BA 2405

Mixed Contract

Jal.

De

24,55. Mu

July 25.65 Of

Just 25.25

Doak

26.05, May 25.55

26 26: Dec. 25,20

Exchange rates

T'kuo

-UPI

METALS

TECHNICAL

ANALYSIS

On Stock Trends

Research Dept

PERENNIAL

TRADING CORP.

016-18 Edinburgh House

Hot Kos Tel: 28, 29504

NEW YORK

Closing prices all es rent

11:

ad Dec 942 Zum Dee 154 1 Cupper Dec. 26.82 Jan

$!TI!

LONDON

Chinese JMP (per 100

'Talwan ten

Closing prices, all m sterlin, Thai baht per 100,

per long ton

Tin Spot. 9421 94% 9568.

3-month

A530

Copper Spot 230 230~ 3-mont

230 231

Lead Spot

512 81.

Kunnese kyat (per 10, Pakistan rupee (per 101 Macas pataca (per 1 Norwegian krone (per 10:

Philippine peso (per 1)

Singapore Strats (per 1)

Swiss Iran: (per 1) Netherlands guilder per 11 154

50b 60.

3-muntli

Zane Spot 71 117

32 739-UPI

3-month.

We German D-Mark

Cuba peso (per 1

63 975 54

2393

40395raphic

Ewo

23 20 23 00

100 28.20

Dereas

1700

shore

144 prices arr forced to leave them out These

112.30 12 48 4000323

BADO 14 12 31446 2000 1240 Gin

145 47 1M) 144 170148

176! 76 500 or 75 Se 75 Bus 75

29 2.40 D44 24454 100044 2004

175 +751 700 74%

354575

629 230

Dairy

6500- 201

Hongkong

The widely The China Mail's policy in to, was

have position to 2300 20 NU, un local

close contact with Jones Average of 30 industrials and oversrus stocks sufficiently every dap Only stren Tete; other

Joral Man

individual broke through the November 30 recration difficulties securities to enable him to In-low of 720.95, dropped 2.47 parentment quentes apencies rereining; vest effectively on his own

10 $87% 10th, 1000 -- 38",′′

BOU

Slied

720.10 at the close A decline zast a previous resistance poin Hongkos generally 10

easy tiqui- · ***

nebeding

share prices are otherwise pub requires Hexibility, Wished in all three editions of diy and diversification--all of which are offered together with | the China Mail, illustrating nur

expert mu nagement, in a mutua canceru for readers in the most

funt programa, Mr Carnield remote areas of the Colony.

We regret Yaumatı Trader's Text 50 disappoitment but assure him i

Cornfrit will be eaving that we make every effort Hongkong Today en-route fea publish these prices and roof Tokyo He in the process of Tearing 10.S offices around the world.

Watson bhả 1601,

580. 58', 540 S&

HUO... 565

505

i forly be held responsitute for

disturbances conard

The forces of wavere - Ed

کراوم

M

is regarded with Gulf Ou Lay chat-waters and others who put their faith

hacal indicators.

London silver

London, Mar. 21 Silver was quited al ya. pence for spot, and 89-4 pennes for forward today-UPI.

Int Harv

intl Nick

B1

In T&T SRI

Jones Laugh 77% 0% 163

Kaiser

Kennecoit

32 US Rubb.

91 US Belt

Libby Owens 574 US ST Liggeti

Lockheed

Lone Star

Lorillard

Martin Merck

Warner B

40% West Unlop 391. 23 West the E 384

643% Yale Towice 28 261% Youngstown 1 15% Zeniti

MAP

13

AN IDEAL GIFT

FOR

Christmas

CARRO

CARRO

CHOCOLATE

CARRO

CARRO

CARAD

CARRO

CARRO

CARR

CARRO

CAPRO

CARRO

CARRO

CARRO

CARRO

CARRO

KARRO

CARRO

TARRO

CARRO

CARRO

CARRO

CARRO

CHOCOLATE

SOLE AGENTS

HOLLAND-CHINA TRADING CO.,LTD.

A. DRIESSEW

The Seal of Security

However much money you have to invest, you seek Security as well as a good return. Lombard Banking offers both. 6% interest per annum is coupled with the finest Security as well as Availability.

A Lombard Banking Deposit Account dirings you Interest payable twice yearly

CAPITAL AND RESERVES EXCEED 412,000,000 ASSETS EXCEED £100,000.000

Interest paid withas deduction of Emirad Kingdom Intenterade Write today to the General Manager for your copy of *Bank Deposit Account" booklet No A0 74

LOMBARD BANKING

~4LIMITED

LOMBARDYDDER

PARK PANE LONDON, W.1

$

J