MESSAGERIES
P.B. Box 63. Queen's Bldg.
M
THE CHINA MAIL, FRIDAY, SEPTEMBER 25, 1953.
MARITIMES Turn-Round Problems | Empire
Tel: 20851.
M
FAST PASSENGER/FREIGHT SERVICE
From Matelitek
"LA MARSEILLAISE” 15 Sept. “VIET-NA
"CAMBODGE"
For Yokohama
Yokohama
Leaves Marvelltex
B 1.X,
Oct.
Oct.
11 Urt:
1 Nov.
Nov.
Leaves Hongkong
Due Marseliice
13 Nov.
Saigon
20 Nov.
Axon
galgan
"LA MARSEILLAISE" 21 Oct.
To Marseilles
“VIET-NAM
"CAMBODGE"
Nov.
10 Nov.
Via Marsatiles to all kediterranean & West Africa - Porte Via Djibouli to Madagascar.
Frem Europe
"AURAX"
"IRAQUADDY"
"MONKAY"
То Гигоре
"COURSEULLES”
"AURAY"
"IRAQUADDY"
FREIGHT SERVICE
Laft
„Antwerp=27 Jy
+++. Antwerp 1 Sept.
· Dunkirk...early Oct.
Leaves Korians
30 Oct.
1 Nav.
Due II.K
29 Rept.
22 Del.
27 Nav.
Legyen 11.K. 'Orl.
1 Nov. 17 Nov.
For
Manila Japan Manila & Jepan Alanila & Japan
For
1
↑ Saigon, Hingapore, Djibouil, Marseilles, Algiers. Oran, Tanglers, Conblanes, Le 1tavro, Antwerp. Betlerdam & Dunkirk. Subject to change without notice.
EVERETT LINES
EVERETT ORIENT LINE Fast regular freight-refrigerator-passenger service to Korea, Japan, Philippines, Indo- China, Siam, Malaya, Rangoon, Calcutta and Chittagong.
"LENEVERETT"
Arrives Salts
Oct. 5 from Singapore. Oct. for Kobe
"BRADEVERETT"
Arrives
Sails
Oct. 10 om Manila. Oct, 17 for Singapore,
Rangoon
Yokoham
&
Penang. Calcutta,
Accepting cargo for transhipment Kobe/Pusan and Kobn/Okinawa)
EVERETT STAR LINE
Fast regular freight-refrigerator-passenger service to Korea, Japan, Philippines, Indo- China, Slam, Malaya, Colombo,
Bombay,
Karachi and Persian Gulf Ports.
"THAI"
Arrives
Soils
Arrives Sails
Oct, 5 from Sandakan. Oct,
for Yokohama,
Fusun, Kobe
&
Oct. 10 from Singapore. pil, 20 tur Kobe,
"STAR BETELGEUSE"
Arrives Sails
عماير
Yokohama.
Oct. 19 from Jappan, Oct, 20 for Singapore, Port Swetten- Penang. Madras, hum, Colombo, Cochin, Bombay, Karachi, Basrah, Khar- rainshahr
Bahrein, &
(Accepting cargo for transhipment Kobe/Pusan and Kobe/Okinawa)
EVERETT STEAMSHIP CORPORATION S/A
(Incorporated in the Republic of Panama
With Limited Liabilly
Queen's Building, Telephone 31206. Chinese Department: Telophone 28293.
CONCERN IN SINGAPORE
Singapore, Sept. 24.
News of the armed revolt in North Sumatra Is causing ner- vous concern to traders here,
A trade source said
Malayn
imports betei nuta copra and
tobacco from Atjet in Sumatra which is a centre for barter trade
before banking facilities were introduced late in 1951.
Chinese
here traders
sizable trade
Aljeh
especially
connections
and
Inve
with Nias Island and are watching developments closely.
One trader, cominenting
on
the news of the revolt, said it make an too early to
was Rssessment of the situation and Jocal traders are content
n "wait and see" attitude. adopt
the Indonesian Oral, Dr Mohammed Razlf, is on a visit to Penang, North Malaya, to collect "facts" on trade between Malaya and Indonesia.
In
n
He lold newsmen he was Penang especially to establish friendship and to Institute polley of good neighbourliness. the facts gathered there on trado were favourable they forwarded to his
If
raq
would
be
Government in Djakarta.
Dr Razif will play host at a
cocktail party to Government
French Budget
Decision
Paris, Sept. 24. France will budget to spend
100,000 millon next francs less in the fistancial year than in the current one.
The Finance Minister, M. Edgar Faurr, said France's 1981 budget would be for muition
about 3,740,000
This year's toil of 3,814,000
expenditure
million 'france Is. Itself 100,000 million franca lower than the figure bud- goled for last year.—Beu-
ter.
Sugar Prices In America
New York, Sept. 24. World sugar No. 4 closed today unchanged to two points lower with salca of 331 cóntracte:
Domestic sugar futures No. closed unchanged to three points higher with sales of 144 contracts. Scattered scfling in world con- inncis followed cottoning basis in.
At Ports: Need
For Large Drydocks
Direct Taxation
Burden
Ak
Need for greater drydocking and herthage facilities on the River Clyde was referred to by Mr A. E. Hull, chairman and managing director of the Ellerman Lines, when he spoke at the annual inspection of the Elyde Navigation Trustees harbours and works.
Mr Hull referred to his connection with the City Line, which had traded to and from Glasgow for well over a century.
He pointed out that when that company began its shipping operations the range of quays and wharves had mile, and the annual been only Three-quarters of n revenue about £10,000. Today, there were 121⁄2 miles of quay with a 'revenue of closa on £1,900,000.
[ur
Economic Talks
Canberra Mooting In January
London, Sept. 24. The Commonwealth are now putting the finishing touches to plane for an economic conference to be held
In Canberra next January, according to an authoritative source here.
A Treasury spolesman sold of the Exchequer, would attend, [That Me R. A, Buick Chancellor
Countries taking part will be Britain, Australia, New Zealand, South Africa, India, Pakistan, Ceylon, Southern Rhodesia and Cana Canada. The last Commonwealth Economic Conferenci was held here in November and December inst year.
INDIA TO HAVE THREE NEW OIL REFINERIES
New Delhi, Sext. 24.
Three oil refineries now under construction in India will together have the capacity to handle 3,710,000 long tons of crude oil a year, yielding 147.000.000 gallons of petrol and 120,400,000 gallons of paraffin.
Two of the refineries are being set up in Bombay by the American Standard Vacuum Com- pany and the British Burma Shell. The third is being built on India's east coast, at Vishakapatam, by Caltex (American).
India's only existing refinery, It wili produce 40,000,000 guilona
of parama. is at Dirbel, in Assam.
The refineries, when in full The Entallest refinery, Caltex. operation, will meet a little Vishakapata will handle lover 60 per cent of the coun- 500,000 tons of crude oil por try's denmind for petrol and a year, producing 30,000,000 little less than half the 'do- | gallons of petrol and £5,000,000
gallons of parafin.
The
}
in
From the Sunderland shipyard of Sir Jatars Laing and Sons, Ltd, the cragoner Somersby (9,200 tons denstight was launched for St. R. Etener and Co. (Markgement), UX, Daring- She will be core of the
mand for paraffin. metest chips to be constructed by
Here was a story of progressiva į particularly galling to and them
India at present Imports' a)- Messra Laing, her speed being
Chief feature of the January most all the oil she requires,
DIESEL OILS krints on a six-cylinde Doxford- expansion nit improvement, he spending, so much time by the
three refinerien together said, which alsco
the the war had
since the only 'ollfeld in A prominent, though not the conference is likely to be a re- type engine
be supplied by been intensified by the expendi-only,
produce 147,325,000 cause of this was the port by Mr Butler on the pro- country, at Digbol, In Assam, will also Ron W. Lowther, Lesendure of £2,000,000 and a further tendency to use wharf shetis as press made in discussion of the produces only seven per cent of gallons of diesel oll and 307,- Co.. L'd. The Semerity is the
|650,000 gallons of fuel, oils, and speed of the Commonwealth economie plan the country's required 24, the Burma Shell refiners will im-warehouses, and Arst cargo finer to be built by projected £2,000,boo
to speed ships, working was determinal particularly 'the' plan for 1952-33, India Imported Mesrts Laing sluice 1959, when provements designed
Cin produce 25,000 tons of bitumen. by the ability of the sheds to sterling convertibility between 340,000 gallons of petrol they completes the Dalety and the turnaround of ships,
absorb the cargo or alternatively Britai
Britain and the other countries
cluding aviation
The reaneries will be owned spirit) and Dearpool for the sume twners. As a shipowner he could think, to deliver it to ships side."
Lof
and Organisation for European the
204,800,000 gallons of paraffin.
operated by the Indian Specking fair the bunch, Sir
of no more laudable afm. for
Economic Co-operation and
The Burma Shell refinery the Indian Companies Act,
Companies Incorporated under in Britain, where imperts still Leonard warned representatives although the world-wide altun-
Britain 'dad: the will have a capacity of 2,000,- of the shipbuilders and his own
tion had of late improved, there vastly exceeded exports, it was between
United States.
000 tons of crude oil a year which foreign investment, will firm who wite present, that he
was no port which, from their for the good of all to get im-
to 500,000,000, rupees potted commodities soon strip- believed that quite
representing
output of) amount The conference will discuss 24,000,000 gallons of petrol and (about
£20,060,000). Foreign dostanation with the best possible short-term and long-term plans 65,400,000 gallons of parallin. Amors would be freing a difficult point of view, could
satisfactory despatch. It seemed to him that for giving strength to sterling and
Investment of this magnitudo time, and would be inpessible garded as wholly
The Standard Vacuum re- has not been undertaken in any By in stimulus to Commonwealth
In India sinco rapid stepping-up in the speed so much
mechanical handling
finery will have a capacity of alber of dry cargo ships and every
of indepen- 1,210,000 tons, but its produc- the achievement effort had been made to make much physical labour could be production and trade. Problema Industrialiumtion and the saved, It was strange to see
of petrol, at 94,000,000dence in August 1947. as efficient
in of living standards as opposition in the United King-der-daysloped Commonwealth gallons, will be much greater. them
the cost
The
amount of preference even though
dom to introduction of the latest und mounted alarmingly, so
shares to be offered, for laveste devices which were so much areas will also be an important
ment by Indians in all three more cleient than the old aspect of the talks. Other points for discussion are imperinë pre-
refineries is expected' to bo the expansion of
about 35,000,000 rupees; (nearly ference and
£2,000,000). Commonwealth trade.
Authoritative sources said that dotails of the conference pro-
be re-
been
to thele
to keep old ship: at sen o 1. There had h latter years so much could be achieved by
Only very efficient ships would be able to INACTI prott
Sir Leonard also gwo a WICD- ing that the British Mercandle Marine would not be able to maintain its leading position if of direct taxation the burden reennine: so high when foreign competitorer esenped lightly.
"Soomer or der some Chiq
the Exchequer and I sailer of
will be Yr Butter, will realise that the British Merlot Navy is falling Dohled. It is of interest net taly to shipowners and shipbuller, but the white nation that we should alofole an adequate Mercantile Marine."
the
DELIVERY DATES Sir Leonard rak that Somersby was the fifth ship built by Messrs. Laing for his coth- pony, and there were three more
That total
of eight on order. vessels
ロー represented not un considerable feet in itself, and cr showed the real
order.
vessels
were
had it was
Lancashire Welcomes
E. African
Decision
und
fashioned methods.
Progress could not be denied or frustrated, it always won In the end. It was progress which had inspired the building of the huge tankers of today, and he stood in constant amazement Inramma would be made known after the present Commonwealth the continuing increase in their consultations had been completed, vize.
Vessels of 30,000 tons were commonplace, and some were under construction of well over
400 mercase was not confined to tankets, for there was even that in Japan a 90,000- a tale ton ore-carrier was to be laid down. That, of course, might be just a tale. He did hope, how- ever, that in the event of an- confidence nouncement from Nakably other war they were not going Messrs.terday about arrangements for to have too many CERS in one the entry of Japonesse textiles basket. The loss of such a vast unit would be almost a disaster.
Manchester, Sept. 24. British cotton textile export-
have welcomed the
on-
of
FLESSING NEED
NO CHANGE
con-
On the subject of convertibility of sterling, it is understood that there has been no change in the British viewpoint since the com- munique sued at the end of
Commonwealth the
last ference. This would mean that Britain has not felt it necessary to make any substantial altera- tion in, her convertiblity plans in the light of the discussions she has had with other PEEC coun- tries and the United States this year. The January conference therefore seems unlikely to take any substantial step forward in Commonwealth preparations for convertibility.
With
con-
which existed betweeTI Laing and Messrs, Ropner,
He added that the time must into East Africa, come soon, however when The announcement has ended owners were given a firm price the uncertainty which exporters and a firm delivery date for the say has been interfering for some With steadily increasing world vessels which they desired to time with trade between Britain oil consumption, continued Mr
and East African territories, Hull, more
would tankers The Somersby had been de-
Inevitably be needed, and if the signed as the fastest ship in their Comment on the announce present trend in size continued, neel, and it was gratifying to ment has been made by Mr A, D. that construction would bring in
everything dependent be able to acknowled that the Campell, who led the British its train the pressing need for on the attitude of the United
In team, export ships built by Messrs. Laing cotton
which drydocking and berthing facll-States-particularly invariably achieved the perfomni- visited East Africa this summer. ties commensurate with the size
nection with lower US trade and
sometimes ance,
barriers and the backing of con- the ships. The practical meaning of the
D dollar fund- than beller
the speelfentions
The late Mr James Leggat, a vertibility by ofeint Tanguage of the East
the next step forward is likely under which they were built,
The vessel will join two other African announcement, he ex- former chairman, of the trust,
during his address in 1946, had to follow the report to be made built
by Messrs. Laing, plained was that restrictions on stated firmly that the river which by the Randall Commission on
of Japaneso Foods,
Policy. built the largest ships in the Foreign Economic
The the Daleby and the Decrpool imperts
have been plying in their liner service which hitherto
should also drydock them, latter was set up by world only Lip to the
Eisenhower' no doubt, Mr Legget had across the Atlantic to Florida force
WOTC continued in mind the great
whether
United States trade and United States ports on the end of 1953,
great passenger ships unaltered until May 1, 195%.
It Born Gulf of Mexico,
which had been
policies should be revised. on that
and Thust also After that date two categories river, and he
only just starting its kurvey are increasing deat, and in co- of Japanese goods-namely had a lively memory of the fact is not expected to report until some time next year. One of operation with Meers. Laing we kikois and unbleached sheetings that some ships, both naval and have planned and already pre---would be allowed entry under of repair during the war, hid
zine, walch were in need the chief documents it will have to examine is the report pre- vided passenger accommodation open general Hcence. But which sets new standards decision was reserved about all to be sent at considerable risk pared by Mr Lewis Douglas, States, as there and a team of experts, on to the United abips of this size other types of Japanese, goods. comfort for engaged in this trade.
were no facilities on the Clyde dollar-sterling relauónu. Js Decisions on "We believe
to and
what certainly
for drydocking then.
Now, seven years later, the It also appears clear from hope that the comfort provided happen in ay next year will
recent Washington statements In this new ship will excd even presumably depend largely on
problem was still a burning one, Bt cotton that provided in the two vessels what the
were growing for it ships
In that the US Administration will dustry can offer,
size so must drydocks also. It walt cight to ten months before already in service."
mills "Lancashire
and was not a problem peculiar to it would be ready to say. Manchester exporters must do Glasgow; many other ports were whether it
it will contribute convince everything to
dollars to a fund for backing of the artequacy of roat faith on the pit of
to provide 2,000 to 3,000 supplies from Lancashire be of such large
hoped the authority would be million dollars while a further fore, the time for this decision alive to their needs, and supply 2,000 million should come from arrives," Mr Campell said.
"Our bookings of general cargo
Slow Day
Wall Street
in
the
In
British and East African Gov- ! the same position. It shows convertibliity. De would be pre-
erhimenta
them,
Owners
ships, and lie
COST "PRODIGIOUS”
tion
on
HONGKONG
SHARE MARKET
(From Our Correspondent)
Industry
The Indian Government bas given the companies an under- taking that the refinceles will not be notionalisexi der 28 years, and will be exempt from certain provisions ol the Industrios (Development and Regulation) Act
The companies will also ba free to make, their own, surge Business done on the Stock ments for the import of
crude Exchange this morning amount-ell and for the distribution of ed to $475,040.70. Noon quota- the refined products in India. tions and the morning's transac-They will also be free to ex- tions:
BANKY
may not
required for
tho
AES BUYERS KELLES BALES port such reined products as
be Indian market,
CAPITAL COST. The Companies will train In- dian personnel for employment in the refineries.
East Asia. 157 INSURANCES
Union ... 010 Underwriters
3600 23 14
1 Fire... SHIPPING' Arla Nnv DOCKS, ETC.
K. Wharf ... Bd Duck W...... Provident (N) 12.20 1311⁄2
(N)
360, 1135 Wherlock ...
4.83 193 400 er na required ot
3 sterling.
LAND, ETC.
HK Hotel
7.201
The Burina Shell Company hes estimated the capital coat 2120623 of its refinery at £15,000,000 und the working capital 'sterling
about £1,500,000
7400 40
200 1.50
In the Indian Company to be 500 ans promoted by the Burma Shelt Group-- the Angid - Saxon 4000195 Petroleum Company and the 2000 @ 16.20 Burma Oil Company - Indian 20 investors will have the oppor- timity to subscribe. 20,000,000 ruper
£1,111,100 (about
HK Land XD 02 G115 300 v4 #3 Blimpleys. 10.20 Really. 2.60 2.65 O
UTILITIES
Peak Tram ---(0)--Mware ---42
Peak Tra
(N). 21.10
Star Ferry.. 128 C. LIDA (0) 13.40
c. Light. (N) TAIL Electric 275 Macao Elec.
Telephono... 22.10. INDUSTRIALS
Sement
600 23.20
29290 4 09 2010
sterling),
The Standard Vacuum com-
refinery
is expected to
123pany
1240 cost, including working capital, zak about 35,000,000, doar about
£12,000,000
The sterling), Standard Vacuum's Indian Com- party will spend 4,800,000 rupees (about 2)
£140,000
20
sterling)
finery for the workers,
SAVING DOLLARS
L
to
STORES, ETC. 10.00 19.00 500 10.30 provide housing near the ro
Dairy XD. 23.40 231% 2900 ( 23.40 |}****
Watson F
ECOTTONS WO
2024.AZY 500 Crawford,23,39:231% 200
Textile Corp, 9.60 5.70 "MISCELLANEOUS
Yangtze 4.70, 4.09
2312
The capital cost of the Caltex
40
Frennery and the working capital
2315
The Rubber
Markets
Singapore, Sept. 24. After opening, casier market
was very
hesitant
the
is estimated at 15,000,000 dollars Cover £5,000,000, sterilng).
Indian Wade circles slossy that one of the results of the es- tablishment of the refineries will be the conservation of the
· equntry'a, dollar résources, now - used on imports of petroleum products,
In future, the imports will be mainly of crude oil which will cost less that the refined products.
It is estimated that the moo result, In the saving of foreign,
Manchester exporters say the two categories of Japanese goods
"The eest of buliding drydocks I do this of on that British There, was, a belter tone in the exchange to the extent of 00,- being allowed into East Afcien from May are not those in which the British textile indus- to take vessels of over 900rt. In the matter miust
economie
the Icternational Monetary Fund, officials are reported to have said. But it would only fasting "hard
was
afternoon."
No. 1 rubber per ib,
Nov.
Doc.
No. 1 rubber cor
Oct.
to produce a enough ed most traktlonite price changes had much interest. The length would be prodigious," said } cond" intereintionally, and the eight to ten months would be concern to needed to show whether thia
wis sv-Chitia Maft Special.
average was up .10 and utilities
WAS
the
the
Oct.
No. 3 rubber per
Nb. aber per 1. Oc
115pot; rybber" unibased
Blanket repe
6236-31
01-01 Oct 094-00,
DG-361
*8115-8235
no=71 Untied Frost. LONDON MARKET
"London, Sept. 24, rubbot'*-' market
Nov 3 pale crepe
New York, Sept. 24. The stock market finished the same way, as it started today's session, by showing quehly divid-
be of cat either side of Wednesday's clos effect on their trade will scarce- Mr Hull; "and ly be noticed. ing, The Dow Jones Industrial With the carlier announce Ministry of Transport and
of
Trust. I have no means Clyde the backlog for priority 20, but rails showed a loss of British textiles caused by the of estimating what the cost of 22. The turnover for the day
at congestion
Mombasa, the such a deck would be, but that 1,020,000 shares.
arrangements for Japanese goods there would be seven figures In Amang the most active ore considered to have given the the price is chivious.
textile industry "There are still comparatively stocks today were Studebaker, British cotton which closed at 22%, a drop of an opportunity to maintain a few of these very large ships in which valuable export trade-China the world, and I feel, therefore, and General Motors at
the problem is one which ci 551⁄2 showed again of 4. Mail Special.
for the moment mainly at the Total stocks dealt in WAS
door of
of the public authorities. the trustees That
have
faith In
£2 to 2031. Three-month.Estate rope Pet. intention to build west of the tin was quoted at 2000 per tick
V. Dock a new long ton. Prices closed as fol King George dock which may cost £8,000,000 lows:
a construction period of VEDrs. Con # be that on / Spot tin, buyers annow coment will soon be made
of while 403 issues ad-
Was
LONDON
TIN
MARKET
The sigady.
No L 351⁄2 mot London, Sept. 24. Huitrenk
Fattentent The tin market was barely Green market eft Desis
1026-2026 int
2012-107%
,1025-2076
unquoted
(2015-nom)
1996 [eaw umeko). Domestic contricle cd,' 348" officials and prominent business-beld steady as traders twitted showedged and 209 NY. Catton Prices the future is evidenced by the steady. Spot "tin was down, 1969 K 11399)
men on Friday before returning developments In threatened
to Singapore. This is the Consul-month-and strike of dock
profit-taking cartier prico
General's first visit to Penang workars. Futurs pricus chap as hardening, which was led by since his appointment here more follows: than two years ago United
Press.
London Foreign Exchange
New York Montreal
Tabordam Beds
Zurich
Copenhagen
Parte
Blokholm Deutsche Mark
IJsboo
Dooled Mark
London, Sept. 24.
2.00 3/16-2.000/10 2.75-3.701. 10.01-10ALL
·2:30-340・
117.083-10.50 17.73 12.17
January (100)
March
July
New York, Sept. 24. Prices of cotton futures closed heavy industry shares and was today as follows: shid to have been prompted by Spot new
thoughts of
possibly Tree. efforts.
up defence
Sade from the "mild"
"the" did.
March 1954
May
It July
Muny
Oct
day Ded.
Contract No. 4 (world),
Dalsber
3.20 romina)?
in
follow, up yesterddy's: paring of recovery unins
Some quarley wold the cur
Beptember Spot-(centa per ib. fol
Cuba)
Contract No. 6
November January (1054), March May
July
geplembor
November Spot-fcente per iij. cit
Bio bid 5.10 nominal
1.00 k
mainly by Interest March some specialities and the met that no effort developed to
37,68 33.08
35:44
23.02
that
are
ited Press.
I
The for
and other concernéd
"sollers
sellers
Orgeously to tačkið Thainee
orner
it would be probably bald to him, he continued thắt the trtistes had always been to keep this' rates concerned down,eht
that the
they were only. 75 per cent above the pre-war the moment, and also Aguro at
'schemer the big improvement might cptain of the outset a rist
Copra Quotation New York, Sent, 24. necessarily main termination Copra was quoted at 1198 per
rent interruption clic not
1.08 nominal of the stock market's rebound short ton, elf Pidie Coast rates, but did not increased
from the 1983 low, since fochal-Coconut oil wou quoted at 14% cally it could conceivably carry cents a pound, elf Wost Count
Mall Special. further Ching
Unitel Press,
NY ex-dock), ******* 6310
-United FresE
Kiloited Press.
Bejtlement
thin
000,000 rupees to 100,000,000 rupees (about £3,333,000, sterling to £8,555,000 sterling) a year.
They add that the substantial foreign investment fineries and the confidence it signifies, may create a clinato
avourable for
furiber Lange scale investments in their Baale Industries of national” “izbor.. tance--China Mall Special,"
Prices Were
Too
High
Tolero, Santi 24.
The negotiations between, the Bratzilions
Embassy
and the
United. Press. NEW YORK MARKET T ** Now York, Sopt, 24........|Japán Machine" - Exporterà Meso- Rubber, futures, closed, totjoy akitior for the expect to Brazil 20-25 points higher with sales of of amuurn tubes and audio pruts Worth US$5 million have been 22.78 bid subpended topdra Dy
611
d-month tin, buyers
600
007
02 contracts,
March 1954
-United Press,
May
July
JAPANESE BONDS
ponnese, bonds
Londin, Sept. 24,
78
་་་
Bept,
22.05. bid price question, sho
22.00 bld
22.00 Did
"United, Prest.
Brazil had' demand delivery 22.00 Bid wax, three months, but anally accepted divé monina, offened by Japan. Atv se dak, the prices too thigh
Exchange Rates
Business, was dong sa tanical moficial, exchange market this morning at the follows rate U.S. dollar, (per 31)
"was' considered too
The dret estlanets i
Handed in
in by Japanese expocters of Tadio caris Eberry by the Brazilian Embassy, which asked (5.95 for Fanoižter *ཝཱ
10266 downsvard But, und, sorenes asičn Bere per 100) 20.10 mate Turned out to be more costly
Kho thi nh
Income usually 'intrch with 'prob
Hd grosalve efficiency?" always found it so.
had
"" (Tokya 56 of 1911) Consola
1001
Stan Ticals (per 100)
“United Prise,
dals Singapore Strafia)
22.7
1.10 than Indo-China plastres; (per 100) DT, Special