THE · CHINA MAIL,
WEDNESDAY, AUGUST 27, 1958.
ANSPORTATION
A GLIMPSE IN THE FUTURE
AT FARNBOROUGH
THIS year's Flying Display in Britain, to be held during the first full week of September at Farnborough, will feature established aircraft for which there exists a steady demand, the next generation of civil and military aeroplanes, and glimpses into the future.
|
USSR Favours U.S.
A Higher
STEEL LEADS
LEADS RISE
RISE HONGKONG IN NEW YORK
New York, Aug. 26.
Price For Gold Stocks rallied late in today's session under the leadership of
By K, C. THALER
London, Aug. 26.
Soviet Russia has thrown out inspired hints that she would favour a higher price for gold. Moscow has refrained from making a definite proposal so far as to what the gold price should be. It has merely termed the present level as "artificial."
First Deputy Premier Anastas | Generalissimo Josef Sintin per- Mikoyan has been reported as sonally ordered an inervasų of saying that he would make the gold production in the nineteen- rouble convertible if the cur-
thirties. rent "artifelally low gobl.price" were lifted.
Propaganda
U.S. Steel.
This bid for leadership of Allis Chalmers BIL Steel after a pertes of Am. Drake Shoe
sessions dominated
American Airling
by the Am, Cable & Radio Cor, lesser ty stimulated newy ur. American_Cyanamid Qu.
Am. Gay &
mant for stocks, Trading plek- Aner Foren TOW ed up and crossed yesterday's Am. Home Prod total after # reduction In | Am, Mach, đ Fdry,
when only American Metal
American Smelting groups Am. Sugar Het.
American Tel * Tel American Tob. "" Anaconda Copper Armeo Stel
volume earlier special
tho
issued and registered dernanti.
Steels rose to a new high for year on a gain of more than a point, Jones & Laughlin was bld up more than a point, Other isries of the group rose to gains of fractions to a point, Strengthened
During his reign Russian gold
i uulside rarely appeared
Large Scale
The
Dut the large-scale production boost is of more recent date.
Vast gold fields were reported
There was no indication whe-Soviet Union, ther, when and to what degree which have
The NA-39, a new naval strike the Soviet authorities were pre- never) Altcraft been
S.B.A.C. tomber, possesses a high top bared to push their bid to boost seen Display before will include the speed, yes is designed to land on
gold. Short SC.1 verilent take-off | carriers, The P.IB fighter, research acroplate (in the statie recently named the Lightening park), an aircraft which points pribly a Mnch. 2 plus aircraft the way to future supersonic vir- -will demonstrate degree of laets, the Fairey Rotodyne, the manoeuvrably which is out Saunders-Hor
v-sent landing for so large and com- furbine-powered helfeopter, theplex an nirehaft. Westland Westminster Utility,
the Mulle aircraft park the Blackburn NA,30 naval strikes | there will be, in addition to the bomber, the Bristol 152 twlu-HC.1, sonte Iwenty aircraft in-
pilulless Canberra engined turbine belicopter, the cluding a
P.631
de Havilland Comet 4 jet airliner prone, Shackleton, Britanniz and and Comet 313, Handley Page Sycamore helleopter, Dart/Herald, Auster Alpha, Avra Vulena M. 2, English Electric Canberra
71
Cugin
ww GHANA LAUNCHES
hat the Rolls-
Royce Tyne-Ambassador.
A.
will
OWN AIRLINE
Is the culmination of several
The Byingt programm start with a Gant adapted to TN Accra the scal has been earry Als Early Warning taular,
set on a new domestic followed by the labs ark of
international airline, Canberra to announced, the and Ak 11 Trainer. The Conway- when Ghona Airways Ltd Vulcan engine test bed a was incorporated with а remarkably quiet aeroplane con- | nominal capital of £400,000. sidering its power will the fly
The formation of the company over. The Tyne-Ambassador and Scorpion-Canberra, both engine test-beds the latter an ex-lcidenths of negotiations between of the world's height ord for Guvernment of Ghana, who bave subscribed £240,000,80 per aeroplanes will conelade group cent of the capital, and BOAC Associated Companies Ltd., who luve subscribed the remaining 40 per cent, £160,000.
Declared objects ef Chann Nine helicopters, three of thern
will comprise the Airways Hut, which will trade as May 1
the Airways", 'The Bristol 192, į "Ghana 11ted with two turbine Gazelle į transport by air of passengers, elites and intended to carry unMail and freight and the opera
fly ton of domestic, regional 25 tongs, WIL followed by the SR.P.531, a new laternational services. Reneral
(passengers, AN AGREEMENT anbulance. freight, air-sea An agreement is to be signed risene ele.) turbine helicopter, | between Ghana Airways Lid and and two 2-seat SkeeterN. A by British Overseas Airways Cor-!
Ultralight will be followed by the Wuninster Utfly, a "ying crar" which weighs nearly 4 ters and has a roler diameter af Ghana Altways will be con-
HELICOPTERS
BUK; RVOUD?
tu
50
4
urc
and
poration covering the operation 1⁄2 of Internaritonal air services with aireraft on charter from BOAC.
|
But Soviet affairs experts con- yet net sidered the move clement in the Kremlin's ver-region in
tile propaganda strategy.
The Kremlin undoubtedly aware of United States opposi- tion to a change of the price of gok at this stage for fear that Light unleash Inflationary
trends.
On the allier hand, the gold producurs are in favour of a change.
Soviet propaganda has rarely lost time in exploiting any ele- ment of conflict in the Western world. Just how much she will be exploiting the gold issue re- mains an open question.
The Inc is that Russia has become one of the world's lead- ing geld producers and that she bids quantities of guld second only to the United States. This gives her a special position.
Importance
01
The growing importance Kursja as a gold power was progressive spotlighted in the appearance in the last two years of large quantities of kammer- and-siekte gold. Considerable troni gold cargoes were fowa Ruda to the West and sold in London and on European mars kels.
GUNCER
mere
Latest estimates raid that the Soviet Union has increased her
From gold output 6,000,000 ounces pre-war to well today. over 17,000,000 This equals roughly the prodite- on of South Afries, one of the world's leading gold producers.
At the same time Auesia become a large-scale goki Cx- output-7.500,000 perler. Her
the omces-which was twice amount she exported the усат before (1956). ̧
ارفه نو
72 feet. The transport version will trolled by a Board of Directors
Channon and Moscow's gold reserves are a carry 46 passengers at 150 m.p.h.sisting of and is the largest huhcopter pro- two directors appointed by the well-guarded serret, Best avail- abte estimates put them at about jeet ever undertalten as a priv CHana Governments and two
of the U.S. reserves by BOAC. one-third directors appointedi
and nearly as high as the coat- Phe excutive running of the
v! General bined reserves of the rest of the responsibility
world. Manger, who will be answer-
nte venture by a antich aireraft Other Westland conslitelor nireraft, the Widgeon, Whirlwind and turbine Wessex (first seen
J
at last year'a Display) will con- [oble to the Board of Directors.
clude a signifleant demonstration 'The training of Ghanasan
of the U.K.'s rang, of helicop- | national
wrs.
1
take
over the
management, administration, By.
mg and engineering sides of the
Next, a Visco"nul 812, the now airline is to be undertaken by Comet 4 and the Comet 3B will ¦ BOAC Asociated Companies at take off, y past and land. The the expense of Ghana Airways 35, prototype of the clipped wing 1d. In the fist place, however, u short-runge 4B, will demonsirate number of Europenos employed the application of reverse thrud by HOAC Associated Companies on landing is alwrWill be seconded to Ghana Air- in the world to be equipped with ways.
this device.
The President 12-
seal transport wilf
monstrated next, to be followed INCREASE OF
by Twin Plonery which will
lake off carrying passengers and ONE VESSEL
land at a later stage in the pro-
gramme.
Next, a series of individint da.
monstrations. First an Alpha,
Washington. THE American Morchan}
Marine Instituto
THE
ro-
|
Oil Issues strengthened late in the day. Chemicals produced a steadier market. A long list of specials rese one to more than two points. Bell stood out in the aircrafts,
Arinour
Allar Cona. Mining Baldwin-Lime-Ham.
Haltimore & Ohto
Herelle Finite Bendix Aviation Corp. Tenguet Cons. nesmiehen Sleet Boeing Airplane Barden (The) Co
Burroughs Add_Mackine
Calit. Packing Corp.
Ford Motor General Dynaster
22 General Electric
General Fords
General Motors
493%
17 413%
Gen. Pub, VUL,
Gen. Tyra & Rubber
103 Gelly Ol
44 |
Gudden Co.
231
Goodrich (B. F.) Co.
43
Goodyear Tyre
182
334 Grunen Aircraft
Cult, Ch
Batayden Newport Corp.
38gerli-Hand
193
inland Steel Co.
101 Business Machiner
123 in larvester
39
241
Interruttunal Nickel
International Paper
59 1511 Tal & Tel
45
Julm-Manville CI,
STOCK EXCHANGE
Our Own Correspondent
Business done on the Hong- 414kong Stock Exchange this mom- ing amounted to approximately
5509
031 $238,000. Noon quotations and
the morning's transactions were:
14
441
Ahares Buyer Sellers
20% GOVT. DANS
袋 Bly (1048)
Grits
30% INSURANCES
00
Union ....te
45% Lambsect
2016 ĮGIPPING
111 Waterbual
13th | Wheelock;
DOCKA, KTC. Dock
#1 Provident
LAND. ETC. 371K Total
INKL.. Heally
RUDUER
12 $18,000 es
22.74%
8.91 1.000 3.00
43 500 7 42,75 11.70 1,000 11.00
21.20
423 7,000
1373
2,400 4 1.40
UTILITES
150 1.573
Fomentake lining Co.
391
101
373
13
10712
47%
4031⁄2 | Katser Industry
iith Amalg.
1.123
1.05 1.000 1.025
Trust
Kan C. Power & Light
Kenneeett Couper ...
пожи
A. Tawal ..
2.15
304
Liggest Meyers Tob, Co.
712
Yungala
1.00
2
40
Lockheed Aircraft
521%
Locus Incorp.
1B
Train
*1.60
20
28
Lone Star Cement Cui
DO.
Yuugati
13
22
Lowenstein & Sand.
1372
e. Light
Cat. Tractor
70%
McDermott J, Nay
Celanese Corp
18
MeDonnell Airgaft (An.
30% Electrie
71
32TL
Exchange
C.1.T. Fistancial Corp. Chase Manhat.
50%
Stock Exge.)
Blank
0224
Mobi Iron Corp.
132
Minnesota Mi
74 x
+2
Abdon Development
22
Mamanio Cherulcal C
JEE
091%
Montgomery Ward
in th
Motorola Inc,
443
02%
Hallons setstt Co.
FLOTA
30% National Cash Reg. "A"
7427
522
Naitonal Dairy Prod.
1414
50% Nittorin Lend
10212 | COTTONS
701
Of a tota: 1.172 issues traded, 536 were higher, 352 lower.
New York Stock
to be operating in the Kolymabond volume was $3,980,000.
the north-east of
New York Stock Exchange Siberia.
volume was 2,010,001 shares.
American Stock More recently, a new centre of gold mining
was reported at volume was 1,010.000 irkutak, in the far cost of the
Dow-Jones closing country.
tvere:
of
30 industrials
The appearance recently Soviel gold in European markets. has replenished Communist pro- paganda funds abroad,
believe 10 Some experts Kremlin now holds sumelent gold to be able to throw worki confusion it its markets into propaganda strategy were to call for it.
But so far its gold transactions have been marked by caution rather than speculative action- Ü. P. I.
HK Electric Dividend
The Board of Directors of The Hongkong Electria Co., Ltd. declare an in- terim Dividend of 50 conte per share for 1968, pay- #ble on September 22, 1069.
They also declare an O of one share for every five
shares held at par, payable ori or before December 15, 1954, In respect of shares held on September 8, 1953, The shares will rank 10 t respecte PARI PASSU with the present lagued Capital as from January 1, 1959, Providing there is no serious
fluctuation in the price of fuel,
la expected that an overall dividend $1.90 per share can be sustained for 1959.
COMMODITY
FOREIGN EXCHANGE
NEW YORK Closing rates were Canada England bicial
Australia
30-dayn 90-days
South Africa
I ***
India
which will give a crop spraying ported today that tho pri ew Zealand demonstration, and an Aivately owned fleet of ocean- frainer, The recently-aumouneri Agricultural version of the going, merchant ships under Chipmunk
Leonides. the American flag had an in- powered Braver, representing a credso of one vessel and Commonwealth Member of the 30,200 deadweight Society. will follow. A Jet during July.
and
Provost of the type which re- turned recently from a tureesi- ful South American tour will fly next to be followed by the latest Herald powered by Daris.
CONTRAST
tone
The report said that the in- crease resulted from one super- tanker which was added to the fleet. This was the fth tanker added to the private fleet since January 1.
On August 1, the report said, 1.001 The FD.2 and Rotodyne will the private fleet totalled provide a sharp contrast in np-vessels, including 673 dry cargo pearance, size ntul speed range: and passenger-hauling ships and the former, a small aircraft eap-328 innkers-U.P.I
able of more than 1,100 mph.
and the latter, the world's first New York Pier For
vertical take-off airliner, with a
fost cruising speed for its type Cunard Line?
of aircraft of 185 m.ph, carrying
40 passengers,
TULE Cunard Line is negotiat-
ing for germission to build
A Gnat light fighter and much large Javelli all-weather, deltaa new pler Cost: nearly fighter will be demonstrated £2,000,000.
next to be followed by three With this Cunard could com- Hunters, two Mk.ds and a two-blo seater
F'kutan Other changed.
LONDON Closing rates were: New York. Montreal Amsterdam Frusci Expenhagen Frankfur
O:10 Paris Stockholm Zurich Vitr.na
Mixed Contract
of
Oct/Nov: 24.20 Dec/Jan: 21.25: Mar/Apr: 24.35; May/June: 24.30; July/Aug: 23.60.
BAO TAULO
Prices all unquoted today. In the United States, the overage price of one-inch ton ni 14 desigrated spot mar- kets was 34.41 cents.
20 rašla 15 wilities
3 rocks
46 bonds
| Campbell Soup Co.
Cetindian Paclite .
Case 13. 1.) Co.
Chrysler Motors Chett l'eabody
Colgate Palmoliva Cu.
Exchange Colombian Carbon Co.
Commercial Credit shares,
Crimsonwealth Elee. averages | Consolidated. Ediston
Comta. future price index..
Closing Prices
Alten be. Arr. Allied Chemicals Allier la Inc.
Continental O or Del 50.63 Crown Zellerbach 123.45 Cohan Amer. Sugar
71.04 Danlond Alkali 171.01 Diamond Match Ch.
60.22 Douglas Aircraft 152.95 Dow Chemleals
Dupont de Nemours Eastern Airline
Fastman Kodak
$10 Paw National Gra
865ily Finance Corp
37 Firestone Tyre & Rubber
BOOM ON
0312 National Steet Curp.
New York Centra)"
28
4057 Norfolk & Western lý, Sith | North Amer. Aviation
North-west Altbner
1951/
64 Olin Mailiiceun
OLE Elevatoru Owen-Bllitais Class Oxford Paper Co. 110% Pacifle Gat & Elve.
334
30
93
THE LONDON
EXCHANGE
By SYDNEY GAMPELL
London, Aug. 26.
(COM.1
Pan American Airways Parmount Pictures
Parke Davis Co.
Penns 3. C. Ed.
Pont Salt Co.
Philip Marris
Procter & Gamble Co. Pistoburch, Pinto Gloss Pubilcker Industries Purt 011
Radio Con
Nepublle Reynolds Metal Sears, Roebuck & Co.
Shell of Co. Saint Reg. Peper Sinclair 011
Socony Mobil Solar Airenti
South Puerto Rico Sugar Southern Co. (The)..... Southern National Gas Southern tollway (Com.) Staylard Brands
Standard Oil of Cal Standard Ou of Ind. Standard Ol of NJ.
Sleep Rock (Toronto Exge] Sterling Drug Do. Stokely Van Cutt Studebaker-Packard Corp
Sunshine Miring Swift & Co.
Texas Ch.
Text Ine
The London Stock Exchange has literally boomed de Water Ann. Dil
during the week to August 23.
Time Inc.
Tri-Cont. Wartanis
1230 1742 3,752 11.30
27.40 27.00
34 Telephon 23.30 251
INDUSTRIALS Cement.... Amoy Cen STORES. ETC
Dalry
10
22.10
..... 17.10 17.20 Wat..
10.30 1. Craw.... 13.10
Textile .....
1x3 Nanyang
741% INVESTMENTS Yangtze
301%
3032x
403
60%
200
1551
3.70
0.00 1.10
- 1.00
1,070
TID T
500 27.70
120 23.40 1,530. 23.40G
$2917-10
BUSINESS SLACKENS IN LONDON
London, Aug. 26. Stock markets generally made a satisfactory show- Ing today, although busi- noss was at a considerably lower level than of late.
The Fat Ensl altuation.con- tinued to dampen enihusism, while business was also restrict- ed by the settlement for the, account which ended last Tues- 11% day.
securities 16%
were spain out of favour and sustain- 7hxded fresh losses of to fol- lowing small selling and leek: of 7102 jša ( support.
Gill-edged
REVOLUTION
L
43 touched off by the Midland Bank
sent its shares
*1
Twentieth Century Fox Fini
Union Carbide
107
Union Olt of Cal
Unies Pacifle Ratiway
United Aircraft.
the
United Gas Corp. US, ""
U.B. Line Co.
were transfortned from The main influence was public ment,
that if Cinderella into a fairy princOSI, opinion polls indicating
Other influences were mono there were an early general election the Conservative Gov-optimistle appraisals of emment would win it a thing Middle East and Le Wall Streets. Gypsum which nobody would have be- and American business prospect, Hubber
yields of
US Smelting and the aítrictive lieved a few weeks ago,
US Steel British industri shares.
US. Steel 7 P.C. PF They have been favoured fur Wamer Bros.
Wenlochouve Alt Brake own sake and not (Westinghouse Bleethe their recently in Wall Street) just be- Werier Union Tel. Co. cause of an inflationary night We Vs. Pulp & Paper
Woolworth from bonds into equities.
Steel shares, which have be- corne political counters because of the re-nationalisation threat from a future Labour Govern-
PRICES
~ METALS
cot-
Aug.
Total sales were 13,605 bales.
Sept.
NEW YORя Prices of metal futures closed today in cents per lb. as follows: Lasd
9.03b 10.021
Zinn
Aug.
9.100
2.80 1/U.P.I.
Sept.
26
Copper Aug.
Bent,
Tin
Aug
Sept.
2,00 3/C
2.79 3/1 20 3/4
2103
|_ RUBBER
200 5/16-2.1 3/0 2.72 5/10-2.72_3/8 10 58 3/4-10.57
339.00-139 03
1033 3/8-19.33 5/6 11.00 3/4-11.70 1179 1/4-1170 3/4 30.00 1/0-20.00 3/8 117) 1/3-1171 3/4 1644-14.44_17 12.20.3/4-12.58 7/0 72.35-7242
-UP.L
COTTON
NEW YORK
NEW YORK
Hex rubber futures today 21 to 37 points, lower closed with sales of contracts. Closing prices:
Sept: 28.60; Nov: 28.48: Jan: 23.40: Mar 27.93; May: 27.90; July: 27.90.
AMSTERDAM
The rubber market was dull. Prices closed 10day in guilders per lelogram, elf Sept, as ful- lows:
No. 1 rubber
Nu. Z rubber
No. 3 rubber
Na. 1 crepa
2.20 'nom.
2.20 nom.
2.10 TOTTA.
2.50 nom.
LONDON The market was down at the opening on disappointing ́over- Prices of cotton futures closed scar advices and ruled quiet with dealers inclined to awalt further today as follows:
developments in Formosa Straits, No. 1 rubber per lb. Gept,
Oct. 819-112 No. 2 rubber per ib. Sept. 2014-01
79715-775 No.
11-22 0135-0 03-65 €31-90!!
་
Spot rubber unhaled
"
The rubber market was dull.
Television shares which are obviously coining money- rocketed upwards, but then the wobbled somewhat when London Stock Exchange stopped dealings in one of them whose price had nearly trebled in three days,
The Upswing
There is nothing metaphysical about the upswing in Wall Street und American business.
The "Never-never" revolution
spurting 2/0 to Other banks were mark-
5116
M24
351428/0
25ed higher, too,
an much bigger
प्र
despite their Investments in
bire-purchase companies.
Industrials were Irregular 74% and movements outside the H.P. Fast Finarico Isues rarely exceeded 262% a few pence.
1481
2416
47
U.P.I
Investments
Paris, Aug. 28.
Under the lead of Younger Mines gold shares went ahead with gains relenting to oue shilling or more.
Oll lost ground and the lenders closed around 1/0 liver. Japanese bonds were firmaer where changed but Cisinese and Greek isues were dull.-U.P.I.
Private invesmenta in France Exchange Rates
will reuse this year at a
to
سورا
slower rate than in 1957, rc- Duncan was done in the local cording
un Investigation uncial exchange market tha made
the Governinen | morning at the following rates:-
US dollar (per 1) sponsored National Istitute of
Sterling notes iper 21) Statistics in trackustrial and Australlan notes iper, di)
The Americans did not talk tommercial themselves into and then out of Mall Special.
recession. They over-extended
150
10.04
12.09
quarters. China Indonesian rupiah (per 100)
Stam teal (per 100) Singapore (strate)
450
2050
1.00
B. themselves into a recession and VA ANA
21.488 their Government
over-spent
20,588
M.235
them out of it. It la ca simple as
that
$4.251:
LONDON Prices of metals Closed today in sterling per lang ton as fol- {lows:
Buyers Sellers
Ti
Spot
3-month
Copper
Spot
3-month
Lead 2nd halt
Aug.
Nov
Zio 2nd half
Aug.
Nov.
130%
730 131
203 204
201 20432
in the short period of nine
10 between
third months quarter of last year and the Pecond quarter of this year, in- {"ventories slumped from ac
cumulation of about two billion dollars per annum to liquidation [of about eight billion.
Privato capital investment and 60% the export auplus also stumped 714 14 by several billion dollars per
CHIL
a
UP.I
SUGAR
Now York, Aug. 20. World No. 4 sugar futures closed today one point higher to two points lower with sales of 341 contructs.
Cüistract No. 4 (world)
Spot Oct.
36.30m 10.31
Doc
Mar
all its passenger and
operations freight
in New York in one huge three-pler
May
July
Dec.
25,70 30.00
$4.67-03 31.00 31.05
No.
Pianket cropt
row"
NEW DILLEANS Prices of cotton futures closed today as follows:
No. 1 pale crepe
NINGAPORE
Oct
tracts.
gett.
Hipot Dol, Doc.
33.10
p Mar
996-201
per lb. rices:
No. 1, Rappat
2391-24
An-
Mar.
35,00
Selilcient house term:
Sept
May
Oct.
2314-2-116
July
Nov,
OXE
31.77
Doc.
Oot./Dec.
Jath/Mar,
સ
In
General traukote, cif basin, ports:
Mer.
The remaining five aircraft | terminal.
·will hitafu-one quality in vary- The how pler on the Hudson
The Sea River's "uxury liner ing cesure-speed. Vixen transonic all-weather would take 18 months to bulld. fighter has a wide speed-range And Cuhat will probably have a bets a naval, carrier-borne to pay New York City an aircraft, The Victor V-bomber jhuil rent of about £127,000.
·la the largeau aircraft in th Other large plans are being world to have exceeded the pushed through loo. For with speed of Found, while the new rivalries coming up, like Vulcan MM, 2-stled with the the 51 Lawrence. Seaway open- latest and mast powerfuling nexi April, New Yorit shows Olympus turbojets to go into signs of worry about, ita post- production-hos millar capabili-ion Da leading U.S. port of ties.
entry.
LIVERPOOL Colton future closings, pence per ib. were as follows: Ameriban Contract
Oct 30: Dec/Jm: 23.00; Mar/Apr: 13.83; May/Fine: 23,10 July/Aug: 13.75.
Spot was quoted at, 23% pencé
Dee....
Reps. ext. Estate crepe thi Begi
thick thept.
U.P.I.
innum
Switched
OCCU
But the Government the aggregate Federal, State and City budgets-switched from a dollars surplus of three billion per annum to a deficit of 12.5 billion. In addition, the annual rate of military equipmiont order; sarred from 8.5 billion to more than 20 by dollars.
The effect is the same as if the Domestic No.. 0 sugár futures budget position had worsened by closed unchanged to one point $24 billen per annum and this higher with sales of six con-was before the great expansion in the Federal budget deflelt in the new financial year starting 3.50 with this present third quarter.
Whether or not the dollar 3.4 cart stand it, the bears certainly could not. One may wonder whether a country could inflate faster than that oven in a world WET. However, so the Federal Reserve does bot want to clebaso $89 or degrade the dollar, it is
mafting
and troney dearer
Spot-(bents per in, fob CubM
Open interest; 6,503 contracts.
Contact No. 1 (Domestic)
Spot-(cents per tu. auf Ny
"ex-duty),
Open interest: 664 contract
A
15 probably also tighter, and the 8.75 Inflationists could still have
Mak aweaning-Chine
SUP | Special.
CALENDARS
for 1959
4 colour pictures
attractive design --- a
Variety of different mountings
Orders taken now at
SOUTH CHINA MORNING POST, LTD.
Printing Department
1-3, Wyndham Street, Phone 20002.
-For Delivery In Decembar.