London Mart Dull
Until Govt
New York, Apr. 28. Cotton futures today fluctuated indecisively text of the European Common rushed to the. ancient squimed
Business done on the Hang in quiet dealings. kong Stuck Exchange this Traders divided attention between May contract tuning aanvunted appro-evening-up before first notice day tomorrow and un-
ximately $486,000. Noen quota- tons and the morning's trans- favourable crop nows.
actions:
1K Bank Past Artu INSURANCES Untun
The rige generated activity and lifted turnover to 2,840,000 8st,
The industrini stock nurket ahorca, 280,000 ahead of Munday and heaviest since the 2,920,000 average at 401.88 was up 3.09 of April 10 which, pents at its best since January shares
live 14. Ralls rose mesil turn Win the scasion of the year.
uitles 5 to 72.99, best level LAND, ETC. Leadershi www top grade since March 20, 1931 and the average whe with Bethlehem Steel, Chrysler 65 stocks general
up 3.16 to its best since Jun. 14, Of a total 1,100 Issues traded.
WORLD RUBBER MARKETS
་
34 to
145.0
537 were higher, 374 lower, 278 ; itealty un hanged with 101 at new highe
35 a new lows.
Exchange
NY Stock volume was $1,993,000,
Anser lean
volume wie 1,920,000 shares.
to
Closing prices ruled 6 lower
to one polút higher, the market
Orleans closed
opened up 3 to off 6 points, New New York Sugar
up
2 to off 1
point
The Government weekly crop summary said soll preparation and planting again made little headway
in middle and west portions of the main belt due to wet fields and Intermittent heavy rains. However, less fre- quent showers permitted this 500 12.10 work to become fairly active in eastern bolt sections.
7.30 THU 2000 L T
400 7.20 1000 u 1000
ها دو
33522
texas
Private accounts Indicated 500 or 14.70 planting in some Texas sections may be delayed as much as a 20310-30 month in some localities. Four
10.30mm
counties reported new rains to six inches with
up some of these arcus saturated under a foot of rain in less than
week. Unexpectedly
,4
Sbarra Buyers Reflect MANKS
1650
sales
Lombard SHIPPING Wheelucka
246
(175 [13]
JYLA
905
HE Bide)
UK Land
(rler
DDUKS, ETC. K What XD Duck
X 12 10 Sovkleni
11 10 14 100
101
300 v 14.50
10 10
¿ Trusshare yo
10 70
1.35 75
1000 = 1.375
Amatr
$475
1.50
Tant
+35
163
bond | UTILITIES
#
Trum
21.30 2116 2500 @ 21.40
Stock Exchange
150 21.30
5:00 in 21 40
Star Ferry
Y4119921
173
107
200 102
C Light XAU 18 30
Electric
20.10
1300
20.50
Telephone
24
24 70
500
245
1000
24.
Alden Inc. Acy.
$175
INDUSTRIALS
highter
Allied Chemicals
87!2
Cement
1234
1230 < 121
With uates of 60 contrpets.
Allied Mills (ne.
201
Allis Chalmers
STORES, ETC
May
1280
Ainetian Airline
10. Dalay
1510
14
15
$13 14 00
Aiserican Cable & Radio Carp.
5
LORD 11!
July
Bent.
12.23.27
Aurrican Cyanamide Da
RUG u 15
Nov
33 91
Amer, & Forgh. Power
1704
100 14.0
Jou
31.30
Am. Mach. & Fury
Watron
11.40 11 GD
Mar.
31.50
261
Lotie (
20 28 30
May
ai an
COTTONS
140
Sonyung
@ 13 405
fono 0,10
13
1773
MISCELLANEOUS
25 points higher with no sales
2014
Enter
17
Anaconda Copper
INVESTMENTS
reported.
Anne Bleed
344
Yangtze
May
2203
Aroitus
Allted
100
Momh
Volume
Open interesi
July
32.40
Aflex Cona, Mining
Sept
24.20
Baldwin-L>lma-££mart.
RK & PE
Tavest.
May
27,000
100.200
10
400.10
Juty
8,400
108.200
Nov.
31.01
Jan.
01.70
Kaitunare & Onio
Ov1.
3,800
177,400
Des
10,000
171,200
Mar
3150
May
31 30
CHICAGO GRAIN
Mar.
4,000
83,200
Мду
1000
07,400
21
6,300
06,100
Ori
€1,500
20,000
MARKET
Tutal
78,500
1,000 bales
NEW YORK
New York, Apr. 23.
Rex rubber contract today
closed 16 to 25
Standard contract closed
$246.60
Closing Prices
American Metal...
American Smelting
A. Sugar Itct.
) Amestean Tel. 5
American Toli.
ינוך
102
ג541
2112
heavy sales of
the cotton, made under
and government programme, cports of a steadier situation in the cloth market, acted to re- strain sellers. Conversely, buyers practised caution in fol- lowing a post-opening rally, re- flecting continue uncertainty
over the
bobbed over
a range
price support for raw cotton.
1958 delivery October
at s a bale, Truders expected few, if initial tenders tomorrow against the May delivery. The
today position open
totalled bates. The certificated stock remained at 11,122 bales.
160,200
Market
New York, Apr. 23. World No. 4 sugar futures closed today 3 to 11 points lower with sales of 9455 oteviracts,
Domestle No. B sugar futures closed 2 points lower to 1 point higher with sales of eight con-
tracts.
Buys
London, Apr. 23.
the values but t
premium thay The Inter-cessional Committee Markets today were in an command fell to 8 p of the General Agreement on abyss of dulintas until the gov cent, suggesting that demand Tariffs and Trade (GATT) will ernment stockbroker suddenly was moderate-United Pros. meet here tomorrow to discurs | showed up. Everybody on the procedures for considering the floor stored on him, and then Market Treaty.
camer-post No, 1-where Bel tish Government stocks are dealt It is believed that Japan will. Yes, he was buying so every- propose the convening D{ abody with any spare cash bought special session of the 35 con- too. Warloan jumped 11/3 and tracting parties to GATT before Old Consola 0/9. the annual regular sesion be ginning next October 24.
The Int
Singapore Stock Market
Singapore, Apr. 24.
quoted, the following stock prices:
Brokers today Inter-sessional Committed
has 18 members, but it is ex- pected that some 30 members of the GATT will be represent- ed at the meeting by high- ranking officlats in view of the importance of the occasion.
Talk was that ho was can vinced that bank rate would soon be lowered again, reducing the
return
which the moncy market could
the make on
Ltd.
..
Petroleum
Tin Smeltern
Opening
$2.07 81/02
33/64 $2.4316
$4.06
$3.15
short-term investment of Batu Lintang Rubber Co.. huge surplus cash. As his | British Bornea
Syndicate ellents, the government depart
Consolidated ment, like to earn as much as Ord. possible on their cash, his buy-Fraser & Neavo Lid Ord
of gills today was a straight, Fraser & Nhave, 115% cum.
pref tip.
Cummons (Malaya) Lid. But elsewhere there was to Hongkong
Sheriphal Banking Corp. Chain
stores had a
* Hongkong Tin Ltd. lifted their Kempas L.tat. shares by 6 pence or a shilling Kuala Kainwar Tin
Lunas Rubber and there were modest rises in Malayan Breweries
Estates Ltd.
steel shares,
Middie but the
New Berandah Rubber East situation was slightly un- Lid.
One of the main difficulties posed by the Common Market Treaty in relation to the GATT
former's is the
association of territories with the overseas futuro customs union. The long folia which
Realising on, technical reasons, and complicated article 24 of
tone and a softer
in the raw the general agreement is the re- discussion on market, kept prices on the deference point for fensive throughout the session. this subject.-Heuter,
de- Dealings in the domestic
hardly broad livery enough to develop a feature.
were
LONDON METAL PRICES
most professionals Petaling Tin Ilafios Hotel nerving arul held off to await developments, Shapore Cold Storage
Oils we
were mostly quiet but Straits Trading Itoyal Dutch was active and Stralls Steamship'
52
with closed
of one- gain fourth sterling. Others gained ponoc or a shilling 6 pence. Suez Canal rose three-fourths sterl-
London, Apr. 23. Prices of metals closed today in sterling per lang ton sing to 50. follows:
Buyers Sellers
Contract No. 4 (world)
May
July
4.14
September
4.74-78
October
0.77
March
4.70
May
4,76
July
4.77
September
4,97
Apol-(centa per lb. fob Cuba) 6.00
Contract No. 0 (domestic)
Tin
Copper spot
spot
770.
3-month
770
7704
2398:
249
July
3-month
441
2415
September
Lead
2nd hair April 1114
November
5.00
Lead
2nd halt July 111%
111
ex-duty)
Spot (cents per lb. cif NY
******United
Zinc
2nd half April
99
6.00
Zine
rud
halt July
Press.
United Press,
Germans were. quiet and un- changed. So were the Japancas except for the 1800s which rose
both assented and 44. assented, Chinese 1925s lost sterling.
non-
marked
United Engineers Drd, Werne Bros.
Rumily. Mail Special.
41/d 0.00
1277
$3.40
$11.80
$51.76)
$10.50
$0.05
† edel. I exdly.-China
NAMESAKES
Angworg-1 Whimsical, Humour, 3 Article, 4' Loar, 5 Elia, 0 Style, 7 Hosoy, 8 Tales, Author. 10 Mary, 11 Macbeth.
Charles Lamb (English Essay-
Dollar Blocks were up. In adjustment to Wall Street ist).
QANTAS
33.40
35.21
34.85
33.00
33.07
33.04
34.99
31.60
X
Until the lust hour, the market proved to be a slow and featureless affair, with prices showing no deckive change. Near the close, dealer and con- mission house buying found
nelly of sellers.
demanti
The
a
reflected the relative scarcity af shipment offerings, plus a "touch of con-
Beneficial Finance Brix Avtation Comp.
Benguet Cuns
Bethlehem Steri
Boeing Airplane
Burden (3he) Gu. Burroughs At
Machine
Candian Pacie R. Case (1. 1.) Co. Cat. Tractor
Celupese Curp
G. 1. T. Financial Corp. Chase Manhat, Bank Chrysler Motors
Cmax Molybdenum Colgate-Palmolive Co. Culombian Carbon Co Commercial Credit
Commonwealth Elec.
sumer buying" and optimistic estimates of automobile produc- Consolidated disun tion estimate of 6,500,000 puisse-minental Oil of Dei.
Creuss
Demand Alkali
ger cars this year. Local inders Aner Sugar thought some of the strength in stock rubbed off on the rubber market."
Spot No 1 Rs loc::lly WON quoted at 3295 veals a pound,
SINGAPORE
opened slightly The market higher on better overseus ad- vlets but it cased slightly on very quiet market.
There was a fair interest for lower sheets with buyer un- satisfied at the
wert:
close. Futurca
No. 1 rubber per ib. May 021-023% June 92-93).
No. rubber per ib. May 10-D} No,
No. 4
Spot rubber unbaled
Blanket crepe
No. 1 pair crepe
LONDON
The rubber market was very
Daglar Aircraft Duw Chemicals
Dupont de Nemours
Bastern Airline
Pastman Kniuk
Fund Motor... General Electric General Fed
General Motors Gen. Pub, Dul. Gelly Oil
Glidden Co
Gaxlyear Tyre
Chicago, Apr. 23.
Prices of cutton futures closed
Grain futures prices were irregular on the Board of Trade
todkry is follows:
Spot
Any
today.
July
Ocluber
ing
Other were lower,
May whent contracts moved higher with light offerings and scattered commission house buy- wheat contructs
December
Maren
May July
October
El Pala National Cus
fly Finance Corp.
23
Early sales of red wheat to demand, exporters stimulated and after an easy opening May contracts began to rally at mid- morning.
NEW ORLEANS
rives of cotton futures closed today as follows:
Firstone Tyre & Rubber
Goodrich (B. F.) Q.
Gulf On
Heyden Newport Corp.
15
Hamestaky Mining Co. Ingersoll-Rand
201
July/Aug.
Inland Steel Co
HO-90
Interchemical Corp.
4.33%
Soybeans closing ratige:
oft
Dec/Jan.
Int'l Busine
Machines
071
14 to 2% cents.
Mar/Apr.
1/244-8245
irit Harvester
111-87
International Nickel
114
Wheat, No. 2, red
New contract
May/June
90-100
International Paper
0371
Spol
2233%-2343414
Juty/Aus.
Inti Tel & Tel
349
May
Oct/Nov.
John-Manville Co,
473%
2204(11) 2237(1)
Dec/Jan.
Kernece! Copper
Konan C. Power & Light
30
July
210
Mar/Apr.
120
Sept.
21214
Liggett Meyers Tub, Co
061
210%
quiet with spot quoted
at 271⁄2
Lockheed Alicraft
Corn, No. 2, yellow
pence per lb. Prices:
Loews Incorp.
Spot
13244
Ne. Ra spat.
273-279%
Lone Star Cement Co.
33%
May
Louisville & Nuaville H,
July
Settlement house term
McDonnell Aircraft (Am.
2011-201
Sept.
lows;
May
Stock Exp.)
Dec.
July
June
July/Sept.
271%-2746
Oct/Des.
271-273
Minnesota Mining
Mei Iron Corp.
Jan.
October
Ryo
December
Mission Developssent
Jan./Mer.
2015-2716
Monsanto Chemical Co.
May
General markets, elt basin, ports:
Montgomery Ward
July
April
2 buyers
Motorola Ine
Oats
MAY
Jurie
Estate crepe thin May
Estate crepe thick May..
27-274 27-2712
31
National Cat Reg.
May
National Dairy Prod.
July
National Lead
National Steel Corp.
127-1264 11021
71 601-15 Soybeans, No. 2, yellow
March
New York Central
304
AMSTERDAM
Olin Mathźemon
4011
Spot May
40
July
Sept,
2391 n 2381-* 2345-235 224
Nov.
Jan,
Barley
No. 1 rubber
No. 2 rubber
No. 3 rubber
No. 1 crepe
1.61 buyers Penny J. C. Co.
New York flour
301
38%
Continued moisture through- out the wheat areas influenced the dealings in other contracts. Rye and soybeans were lower. The price of vegetable oil again Influenced bean trading ant slow
121 demand for products discouraged
buying in that grain.
Wheat closing range: old con- tract closed off to 12 cents; new, off % to 14 cents.
LIVERPOOL
14.00
33 20
34.00
33.69
33.59
33.60
33,85
32.54
31.50
in
Cotton future closings, pence per lb. were as follows: Old contract
May/June
Oct/Nov.
20.50
20.33-34
27.19
28.14
20.10
20.03
2047
24.20
20.20
20.15
Spot
May
July
Orl.
Dec.
Mar.
May
Juty Ori
Ous devalom
Owen-Liinels Cla
The rubber market was quiet. Pacife Gas & Elec.
in guilders Pan American Airways
Prices closed today
per kilogram, cit May as follows: Paramount Pictures
203 buyers Parke Davis Co.
2.07 buyers Penn, Salt Co.
2. buyers Philip Morris .................
United Press. Procter & Gamble Co
London Foreign Exchange
London, Apr. 23.
Closing rates werg
New York Montreal.
Clo
MSAN
Parda Stockholm Zurich
2.78 10/10-2.70 2.07 11/16-267 13/16 140.923-140.2TIL 20.00-20.0012 178934-1280 00712-0071% 14.611⁄2-145131⁄2 3377-17TIE
United Press.
New York Foreign
Exchange
New York, Apr. 23. Closing rates were: Canada
-204-5/10
2.79 2.73-28/22
England official
30-day
#+ 90-day
Australia
New Zealand
Bouth Afrien Balghun UTURAY
Oštera und
270
2.70%
Pillsburgh Pinte Glass
Publicker Industries
Pure Ol*******
Radio Corporation
Republic Steel
Reynalds Metal
Shell Oil Co.
Beint leg. Paper
Binclair Of
Solar Aircraft
Standard O! of Cal. Standard Oll of Ind. Standard Out of NJ, Eleep Rock (Toronto Sterling Drug Co. Blovely-Van Camo. Studebaker-Packard Corp.
Toxar Co.
The Water Anu. 'Oll Twenty Century Fox Film
Union Carbido
Union, Pacine
Imited Alirerafi
US, Fall "B"
UB. Gypsim
U.S. Line Co.
'UB, Rubber
V.B. Ametting
UB, Steel..
Warner Bros.
Westinghouse Electrio
and Western Union Tel. Co.
0106-9/10 | War Va. Pulp & Paper
„United Press,
4315
5942
B3
200 lb. sack
22315-203 22812
130-140
United Press. $12.00n
WINNIPEG PRICES
Winnipeg, Apr, 23. Prices of grain futures closed today in cents per busho a xd follows:
2016
SAO PAULO
Cotton future closings, in
cruzeiros per kilo were as fol-
In
39.80
40.10
40.20
40.20
the United States, the average price of one-inch cot- ton al 14 designated spot mar- kels was 33.80 cents. Bal totalled 305,578 bales.
KARACHI
Spol cotton was steadler today while May contract was under pressure of selling. Prices In rupees per maund" were as fol- lows;
ELT K/LA
4F Bind roliger gin 200 F Sind roller gin'
may gin 280F Punjab roller gin a 87/15
saw gin
-United Press.
90/7
NEW YORK METAL
FUTURES
New York, Apr. 23.
Prices of metal futures closed
in
每日 per lb.
today follows:
septa
10.306
days
Dals
Sceony Mabiloit
SDIL
1011
Bouth Puerto Rico Bugar
3414
Bouthern National Ges
413 Ryo
Standard Brands
Southern Railway
Com.)
May July October
May
まず
July
100% 104%
October
103
004 Batley
Lead
May
3736
May
15.100
July
Zing Aprit
October
May
Flaxseed
Copper April
May
May
·July
Tin 22014
April
10.806, fatandon))
United Preso,
May
April
May
99.500 (strait) 90.502
Exchange Rates
231
Business (WID done in the local unofficial exchange market morning at ip following maten:- V.B. dallar, (per"${);" Sterling “nota" (per £1)
is
1400
Australian optim· (pes, #1),
Indonesiao,ualala (per 1007
451
lam teal (per 100) Singapore (truite);
April
announces
RESUMPTION OF
SERVICES
QANTAS is gratified to be able to advise its friends and customers
that services have been resumed, and wishes once again to
apologise to the many travellers whose departures have been delayed, and to those others in various parts of the world who have been inconvenienced by the interruption to our services. The public may be assured that everyone at QANTAS is eager to get things back to normal, and that QANTAS' world famous
standards of comfort and service are once again in full operation.
United Press.
LONDON SILVER
PRICES
London, Apr, 23., The palen'at siéves veia quoted nt 80.pepice Today: for spot anik
QANTAS EMPIRE AIRWAYS LTD.
Jardine, Matheson and Co., Ltd.
Telephone: · 03311, 80311)
and Lending Travel Agente