Page
Benloyal-One Of The
THE CHINA MAIL,
WEDNESDAY, APRIL 8, 1959.
DOLLAR DEVALUATION FORECAST
Swiss Bankers May Be
World's Most Powerful Wrong Again
Passenger-Cargo Liners
NE of the most powerful passenger-cargo
ONE
By Sydney S. Gampell
HONGKONG
STOCK EXCHANGE
*.
Our Own Corespondent
Wall Street Recovers But Mixed
New York, April 7.
Business done on the Hong Stocks came back from their lows near the close
kong Stock Exchange this morning amounted to RP- proximately .5011,000. Noon and the morning's
HK Bank.. BOZJk Et Asia »
Quotations trabemotions:
Shares Buyers Sellers DANKS
Valen
7 @ 105
2:00
180 13
Lombard 203.
SHIPPING
Waterboat..
Wheelocks
INSURANCES London, April 7,
liners afloat-the 11,000-ton Benloyal-arrived | The Zurich bankers who are betting on in Hongkong recently on her maiden voyage from London.
Among many notable featurca
of this new addition to Ben
lines Far Eastern Fleet is her Liner Air-Conditioned
grey and
auperstructure
white
and
streamlined aerofoil
fubaet designed to minimise soot in Ten-Week Refit
problems
Built in Glasgow by Charles Conne), the vessel is equipped' with numerous modern naviga- tional alds including radar, VHF multi-channel. Telephone link and several devices designed to safeguard risks from gus and The shly is powered by two Rowen Panetrada engines
drive
the single ACCOMMODATION
fire.
which pripeller.
Their luxurious cabin necom- modation which is not only air conditioned but also tastefully furnished by Lady Thomas, wifi of Sir Douglas Thomus, who is
o director of the Lane,
The vessel has a crew of 00
27 of whom Bro Chinese who
for responsible
catering
are
arrangements.
The ship has six holds--four forward and two aftand there pre uiso seven tanks provided for carriage of latex und edible olis although these can be utilised to curry dry cargo. tica afc
177HEN the Orjont Lind's 28,000-ton •hip Orcedes soiled for Australia last month after a 10-week sofit in Harland and Wolff's yard at Belfast, she was equipped with an air ditioning system which, in cooling capacity, is largest over installed on
British linor.
k
con-
dollar devaluation within three years may bo
as wrong on the dollar as they always were on sterling.
Union
DOCKS, ETC.
today but the list still was mixed.
Trading slackened from yes- Eastman Kodak
El Paso Nations: Ose terday's pace. Profit-making in
Family Finance Corp. some of the recent favourites Firestone Tyre & Rubber brought losses of ane and two Fin Nat. Câity Pank
Ford Motor a number of the Points into
General Dynamics leaders.
General Electric
General Foods
....
The market, as it dis carly | General Motors 13AL week ignored
Gen. Pub. Util A number
Own. Tyce & Rubber of favourable business and Udren (8. 7 Co.
conomic developments, Lin Goodyear Tyre....
Grumman Alterafi
23 1630 220 cluding a sharper than seasonal 8.00 2000 + 5.80 decline in unemployment and a correspondingly sharper riso in 2000
employment,
K. What .. DS Dode...... 3814 Provident 1150 11 B'hal Dock
Realty
Amalg
S
550
.
the
Some groups, notably 2409 » 11.41 | autos, met support. There were
503 30.
a number of good gains in the as investors showed main list 630 24.60 continued selectivity,
Today's 000 shares.
Gult on
Hammond Organ ...... omestake Mining Co.
Idaho PoweY ...... Angerman-limod....
Interchiomical Corp. (new) It! Businice Machines Int'l Harvester ........
International Nicke) International Paper Int'l Tel & Tali John-Manville Co. Kaiser Industry
volume was 3,020,- Kennecott Copper
Of a total 1,230 issues traded, 447 were higher 642 lower.
American Exchange volume wau 1,490,000 shares
Kimberly Clark
Liggett Meyers Tob. Co. Lockheed Airersit Loews Incorp, .....
Lone Star Cement Co. Lowenstein & Bone. McDermott J. Ray ...
MeDannell Alscente
13816
New York Cotton Market
New York, April 7, Cotton future prices today softened, after the far forward deliveries nudged into new seasonal highs at the start.
News that the Government 144 | machinery for buying and sell- ing 1050 crop cotton will be ready when the, reason com- mences on August 1, brought liquidation and selling in the late dealing.
481
201
100
LAND, ETC. HK Hotel, 24.09 24.80
600 24.03 1000 2478 300 24.50 500 24.70 57333% 1900 KE BA 0033 14.00 14.70 1.00 1.3315 5000 2R Í BILS
(Am.
2.is
0-000 2 2.22
300 275
Stock Exge.) .... Mebl Iron Corp. Minnesota Mining Mixton Development Monsanto Chemical Co. Morgomery Ward
102
4011
500 # 27,4
Dow-Jones closing averages Motorola Inc. ....
National Bucsát Co.
541
20% 106
18,30 11.40 2829 2030
were:
National Costs Reg. “A”
28.30) 30 industrials
National Dairy Prod.
$10.54
National Lead
70% 40 $141
26.30
20 rail...
15 utiles
13.09
40 bord
Comm. future price index
2.201
For that matter. they could | in relation to what the money tardly have been more incor- would earn in Europe. rect on how their own currency Pretty
some fereign would be affected by the ex-central banks inight start seck- ternal convertibility last Decem-ig Washington cuarantees of dollar holding-at teasi ber: it never seemed to occur their to them that this marrying of an undertaking that the US, will
UK Land.. Switzerland's chronic dollar - continue to sell gold for dollars plus with her chronic Europeon fal Frerent. the U.S. Treasury
the dollar does it but has no legal obligo- Humphreya deficit would raire off its floor in Zurich instead of len to go on doing it for an=" dragging sterling down to l other minuts) and conceivably RUBBER
7.35 there devaluation guarunter such as Trust.... However, up to 1957
crises i the were plenty of sterling
European central banks until they were proved wrong, give to coch other In the UTILITIES
ereditors European Monetary Agreement Tram 27.30 27.48 America's foreign
almost the have already exacted one im- which 18
the solo on practical point of that agree-Star Ferry. portant concession to go
'YOUTMELI holding dollar aserts instead of ment. taking U.S. gold--namely
Before Zurich gets to the stiilight...
Electric staro
demanding living wage on the dollar assets further
03
soundness Telephone agurances of come instead of profligacy in U.S. internal and "external policles- || STORES, ETC, Britain and France, both proud Delry nations, had to give such public Walac assurances to their creditors L. Crow.
months- within the past 10 Washington might at least seize COLTONS an opportunity, it can ever And people looking the other INVESTMENTS
Invest. 1.40) the way, for getting rid of
4.40 outdated Internal gold reserve ILK. & requirement, so as to free the
... 10.30 whole Vs. gok stock as external reserve.
load 14,000,000
The total refrigerating
approximately
5. Th. Us. per hour-equivalent
obtained by citing nearly 1,200 tons of tee every day.
to the poling
ZoomG
Nationalisation
Wat
ond Lid,
Of Iraq Oil Fields
Before her reft the Orcades hud air conditioning only in certain public
and 20 sne inboard cabins. Now the
which Bystem,
manufactured Special facil-designed,
for lustalled by Thermotank also provided carriage of refrigerated cargoes. Glasgow, will provide every Another feature of the ship is passenger and every, member of conditioned her poweriul cargo handling the crew with air gear. Rentuyui is Atted with accommodation, four derricks and two cranes all electrically driven and capable NEW SYSTEM of 'tting anything from five to seventy tons.
The new
system provides automatic control of tempera- ture and humidity throughoul
British Shippers Call be ship. Since the demand for
For World Review
THE
THE British Chamber of Shipping, in its annual report, calfe for a review of international shipping policy, aimed at putting an end to artificial restrictions, or on- couragement of shipping.
Such a step is necessary
营店
the interests of world trade so that the Rects of the world can compete freely on a fait basis, the Chamber said. THREE THREATS
cooling or heating-can considerably from one
vary
part of
the ship to another, the vessel is divided, for air conditioning pur. poses, into a number of xones, A uniform standard of comfort is achieved by siting automatic contrats in cach zone. controls adjust the temperature and humidity of the conditioned alr supplied from the central unite to suit the requirements
These
of the particular part of the ship which they
serve.
There is individual control of the volume of air supplied to
each cabin. By a simple adjust
of the distributor, or mert diffusing louvre, the passenger can regulate the amount of air entering his cabin and, with
A
Denied
#
Debatable
DI
London, April 7.
The Federal Reserve Bank British oil industry or New York assorte: "The spokesman denied today primary function of gold in the for the selling that the Iraq Petroleum world today
of balance-of-payments differ- Company's chief represences among countries, and the sentative in Iraq has dis- United
conlinuts to cussed nationalisation of have far more than enough gold Western oil fields there for any foreseeable magnitude
of such need." with the Iraqi -Govern- meat,
Stutes
Textile
Int. Allied
Jnvest.
23.30 24.40 1000
15.00 10.10 1000 10
Bonds volume amounted to $6,780,000,
**
Closing Prices
All Chalmers
National Steal Corp. New York Contrai 210.47
$5.11 Norfolk & Western hy. 101.41 North Amer. Aviation
North-West Airlines
Elevators ............... Dwpn-fillnoir Glow Oxford Paper Co.
Pacille God & Elec.
Pan American Airways
271 Paramount Pictures
Penny J. C. Co.
4315
Philip Morri Procter & Gamble Co. Pittsburgh Piste Glina
Inblicker Industries Pure Oil**** Radio Corporation ladio Cors. Pref. Republic Steel ......
(Com.]
14
10! 10.00
500 118
350 # 10.CU
Alden me. Acy.
Ailled Chemicals
Allied Mula inc.
Am. Brake Shoe
American Airline
415
Am. Cable & Hadio Corp.
American Cyanarid Co.
Ant. Ga & imctric
Am. Home Prod
139
Am. Mach. & P dry. American Metal ....
21
American Smejting
4B
Saint Reg. Paper
CITY LIGHTS:
Am. Bugar_lef America Tel Tel American Tob. Anaconda Copper
30
24915
Scott Paper
Sinclair Ol
300
2016
Bocony Mobil Oli ..... Solar Aircraft...
16% xd
43
2
4312
The first half of that 'as- xertion is less debatable than A spokesman or two operate the second, and three-fifths of by the U.S. gold stock - is not at controlled ing companies
Petrolens prasent available for this the powerful Iraq Co., confirmed that the IPC re- | primary function.
Washington might also drop presentative in Bagdad, R. G. Seawright, met Iraqi Premier a hint in one or two quarters Abdet Karim Kassem In that it does not favour" people Bagdad yesterday.
tapplag its gold stock when
Market The spokesman said they dis- they can buy the gald cheaper cussed the increasing of oil for dollar in London.--Ching output and relinquishment of Malt Special,
part of the two operating com- panies concessions.
The Arms, Barah Petroleum and Mosul Petroleum, had
either fitting, he can introduce agreed in principle Inst year to give up part of their all con- cession urens which were not already under development.
the conditioned sin in a diffused jet formation ercording to or individual taste.
To Chamber of points to three overseas prac Shipping tices which, individually and in combination, threaten the future of British shipping. They are:
When several louvres or dis subsidies; flug discrimination; and flags of convenience,
tributors are closed, there is no The report sald; "Events are increase in the air supply moving fast, The time for action those points in the system still is now. Nobody can foretell open. Constant volume is main what the position may be in allained year or two,"
automatic
to
by
preasure
Thermolonit control,
"I the British mercantile prevening a bulid-up of air marine were allowed to fall into pressure with consequent noise irreparable decline, it would be and discomfort.
a disaster for this country and her NATO pllies and would de- prive the world of cheap and efficient shipping services, which it could il-Bord to lose.
STIMULANTS
COOLED AIR
Lord Monckton, former Con- servative Party Cabinet member, arrived at Bagdad today for oil Lord talks with Iraqi lenders Monckton is now chairman of the Iraq Petroleum Co, which is unsociated with the Basrah and Mosul firms.
7
Split Fevenues
Yesterday's Closing
Nich
Watson
"Here in the Lond: à Stock closing report."
London Express Bervice.
Armour........ Atlas Cona, Mining Baldwin Lima-lain. Baltimore & Ohio ... Beneficial Finance Bendix Aviation Corp. Benguet Cons..
Bethlehem
Boeing, Ais
Borden. (Tits Co.
Burroughs Add Machine
Calit. Packing Corp.
Campbell Soup Co.
Canadian Pacife R
Cano (3. 1.) Co.
Cal. Tractor
Celonesh Corp
C. 1. T. Financial Corp.
Chase Manhat, Bank .......... Chrysler Motors
Gistelt Peabody ...
Carbon. Co.
Colter Edison...
Continental Oil of Dal). Cuban Amer. Sucki Diamond Gard
Douglas Aircraft Dow Chemicals Dupont de Nemours
COMMODITY PRICES
FOREIGN ENCHANGE
NEW YORK Closing rates were:
Canada England da
พ
30-days GO-day
Australia
The oli companies currently Epli oll revenues with the Iraqi The total volume of cooled air Government on a 50-50 basis. supplied by, the Thermotanks The Government's share is the Installation is approximately | largest single source of Income 193,000 cu. feet per minute. for the Iraq tresury. "Other countries are more This is equivalent to moving A Foreign Office spokesman New Zealand South Africa their 382 more supporting
of air Lons and
per hour. said nothing was known of any Belgium shipping by artificial stimulants In
tropical con- maximum
Iraq! demands for nationalisa Denmark
Argentina shoër eficent |ditions
about 09 agoist which
tons of lion of the British oil wells. A Uniquay operation by itself cannot in the water will be extracted every
Foreign Offee source, however, Cay from the atmospherle long run prevall,
Indicated that Brilish oMcials country "Every time a
before It is circulated through
were being kept informed on the ship.
the progress of the Beawright
re-
serves any portion of its rade own flag.
L
to the ships of its
In addition, to the main tir there is a further contraction conditioning units, 15 air coolers of the fold in which British provide 'spot cooling in the shipping can compete, The galleys and lauricey, The spot more subsidies that are given to coolers are supplied with chilled ships of other fags, the are the trading opportunities for brine from the main system and are arranged on the branch British ships.
"As the resort to tax-free trunks of the existing supply countries such as Liberia rapid-ventilating system.
les9
ly gains momentum, ro in-
of tax-free tonnage which the
Lax-paying
owner has to compete."
Empire Orwell
Starts New Career
Four new fans, each with n capacity of 14,000 cu. feet of air
A SHIP well known to per minute, will ventilate the
talks.
Iraq wel provide about one tenth of Brunin's crude oli and about four per cent of world's supply.-U.P.I.
CHICAGO GRAIN
PRICES
ותפת !1!
the
1031 2.01 281-15/16 2,81-2/16/
SINGAPORE
77%
Sears, Roebuck & Co. Shell Oil Co... Saloway stores..
ml, Cline & French
Southa Puerto Rico Sugar Southern Co. (The)
Southern National Oak Southor Hallway (Com.) Standard Brands ....
Standard Oil of Cal,
Standard Oil of Ind. Standard OH of N. Studebaker Packard Corp.. Sunshine Mining
Bwift & Co.
Texas Co.
Textron ine.
Thlokol Chem, of
Tide Water Ass
Time Inc.
Tri-Cont. Warrants
Twentieth Century. Fox Film
Union Carbide
Union Pacile. Railway
во
6
Union Oil of Cal.
54
United Arcraft
Fruk
34%
United Gas Corp.
1.5. Foll "B"
U.B. Gypsum
2014
V.A. Line Co
U.S. Rubber.
US, Smelting
Total sales were 10,038 bales, -U.P.I.
designated spot markets was The market opened slightly | 34,50 cents, lower in sympathy with oversens advices and ruled very quiet until late in the morning when - Middle East political news steadied the market slightly,
Afternoon market was quiet with a steady undertone. Prices: No. 1 rubber per 12. Apr 2
May
"No," a "rubber ver 10. A 191 No. 5 rubber per . Apt 10:43:C No, rubber per lb. Apr 80-90% Spot rubber unbaled... 91-10 Blanket crepe ****
80-84 2010-2014
crepe
LONDON
METALS
+ 18-jimomments) de setem
NEW YORK Prices of metals closed today in cents per 1h, as follows:
10.89
Lead
July-10.705
May
May July
Copper May
2.25-6/20
2001
.1458 8145 .13%
11.779-11.77%
The rubber market was firm with spot quoted at 27-3/10
Price: pence per lb.
2716-8714 No. 1 Bus 100t manag Settlement hous termi
2714-2735 May 6.7196-3,71%
June 10.6214-10 July/Sept 140.45-140.80
Del/Deg 19-373-19.313 Janyar
T
Other unclianged.
LONDON Closing rates WETC! New York Montres! Asterdam Brussels Copenhagen Frankfurt Milan Paris Bockholn
Vienna Zürich
21373 8715-2742 General markets, clf brala, posla: 1767-176715. April. May and June... 24 33.8036-73.6139, Estate crepe thin April ..
1455-14.86ji
Estato crope thick April...
7283472.00
* 12.1634-12.1036
Owners unchanged-UP.L
RUBBER
NEW YORK Rex rubber
today futures closed 25 to 40 points' higher with bales of 25 contracts,
Closing prices:
Nov: 31.50; ung aldo; Marz May 17.30.
COTTON
NEW YORK
Prices of outton futures closed today as follows:
· Spot: 35.5 at May: 35.93; Mir: 3140: Mar: 3245; July) BIAS. NEW ORLEANS
Prices
of
cotton
closed today as follows:
futures
July
May
برای تو
LONDON
466
32.758
1007140
100.521b
U.B.- Bioel
U.B. Sjeet 7 P.C. Pr Warner Bros..... Waukesha Motor
Westinghouse Air Braka Westinghouse Electric Western Union Tei. Co. Wert Va. Pulp & Paper
Stores
Inn-Diss ir. "
Zenith Radio ..........
411
1001
Far Eastern Charterers Quiet
London, April 7,
37
80%
Closing at the bottom levels for the day the list - off two 1 do 18 polnís, The market open- ed up three to 18 points. New Oricane closed off Ave to 12 pointa,
Agriculture: Secretary Benson indicated purchase programmo will be out in time to take care of early new crop receipta, Col- ton harvesting starts in June in some southern areas,
Freviously, tradera thought complications in the plan might delay marketings of new crop cotton until September or Octo- ber.
A carryover from Monday's rally accounts for a buoyant
the start, but when
demand falled to broaden recent buyers reversed the field,
The first government weekly crop survey of the acoson sald, cotion planting moved rapidly and under favourable conditions in
and California, Arizona Texas, where land preparations are ahead of schedules, —U.P.I.
London Stock
Prices
London, April 7.
The Stock Market closed mixed today, reflecting mixed anticipations about деш tax-cutting
the
budget.
Gilt-edged securities finished quietly Arm with long-dated Issues edging up fractionally,
Some selective demand heip- ed to offset profit-taking in the | Industrial 1st as investors wero guessing which stocks would be bencfitted by the budget on- nouncement.
Blue chip stocks. generally cased. Motors and engineering shares, however, firmęd.
Forelen bonds and rails were listless. Dollar stocks 'mixed,
were
Gold stocks closed mixed and coppers were duli.
The of market railled in late trading on the shufting, out of reports of nationalisation
cussions in Iraq.
Willedged Bonds
Erillen Transport 60%.
Consols 3 2017.
413
1070/03-
Consola Loan. 314% 2003
*14003
Funding
Loan,
283-13/10.
1959/00
Funding Stock, 2%%. 1000/2001 - <ifr
Jundiom Loan,
R01-5/18.
Banks
4%. * 1900, 30-
Savina 3, 1051/05—293-3/10, Baving 3%, 1960/70-£81-13/10, Savinji 3%, 1005/20—6761L.
Barclay's Bank "A" Ltd. ord- Big 30.
Chartered Banic-47% 88.
Insurance
· Hongkong-244,"
Union Insurance Canton-£44. Aircraft and Motors British Motor Corp. Ord-lis ški. Ford Motor Co.—36# 04.
Breweries
m Building and Materials Associated Portland Cement-584. Pinchin Johnson, Asociates Ord-
Coil, steel and Engineering Babcock & Wilcox, Lid-ds. Vickers Ltd--334 14.
- Far Eastern --marketi- con- tinued drab, although Russian and Japanese ir 444. charterers were reported to have taken tonnage for import cargoes in "quiet
the
Baltic trading on Exchange today.
Prices of metals closed today to sterling per long ton as fol- Jows:
Buyers Bellers 16135 TREE 704367035"
244 245
Tin
Spot
month
Copper
Spot
3-month
Lead ist hali
Apri
July
Zinc isi bait
April
-7136
71
July
SUGAR
Hol
The Japanese took the Chang for 9,500 tons of sugar in baga from Peru for Apr/May, for which $8.40 was agreed on FIO and slowed terms.
The Russians chartered an. other tanker for wheat from British Columbia to Nahodke, 71% and the vessel concerned was the Trojan booked for 14,000 lons of cargo at the steady rate of $0.60 for Juno,
Ιπ Transatlantic
markets,
-Food and Tobacco Drillas American Tod. Co., Ltdan 345 34.
Tobacco Co.. Ltd-30s
MiscellaneoLLE
Imperial
43000
British Oxygen Ltd. Ord—–551. Canadian Pactile_Ty-#3494. DyBlog Kulitzer. Camille od. Hongkong & China Gramids od. Imperial Chemicals 41⁄2μ.. Lyons & Co-800 80, Unilever Ltd 974 10d. ·
T'aper
Bowater Paper Corp. Ord-4te så.
Radio and Electrical Apsociated Electrical-nālam Pd. Electrical & Musical-50% 30. English Electric Co-da 3d. General Electrio -356 34.
Shipping do China Steam Nav. ord-30s.
Co. det
P.&O. Steam Navigation det ord
TIS
-
Stores „Great Univormal Storey: "A"-Öde
the tanker Genie was fixed for | sd,*** 10,000 tons of grain from the Gulf to Hamburg, Rotterdam or NEW YORK~~
Aeratordan for Abell at a lumg World No. 4 sugar futures sum of $07,500, F10, while the was axed for wheat closed today 3 higher to 2 pointa | Valetta lower with sales of 390 con- from the Gulf to UK at $0ƒ» loading April/May. U.P.I... intracta
Spot: 34,40:25ny: 55.81; July: 25,34; -
on the terminat On 30 Dec: $2,40; Mar: 32.43: market primarily reflected the May: 34 July: 31.5. ...
In cold weather the creases the already large volume heated by circulating
sume heat .QX- egainet belac to the
used for which are British changers
cooling. The brine is heated by
Chicago, April 7. calorifiers Atted in association | Wheal, No. 2, red with the refrigerating plant.
Spot Ray aitth(t) 2001 (1) 194 Thermotank viscous-type alr Alters have been installed in all fresh air inlots.
air is warm
July Front Dec.
Mar.
Corn, No. 2, yellow
May 2001 July: 33
Apot
July
Firmace
Elept.
soldiers, the troopar Empire Oryall, is starting Q cardar.
Dec.
1152-1
Mar
higher aide. Reported offerings
new Nigerian National
BTO
May
TOF
July
1376-198
between Indonesia and Jeddah. 'About 2,000 passengers will be carried in her former troop R dada.
Shipping Line
Oala
NAT
July
Soybeans, No. 8, Fellow
Spot Máy Jutr
Sept.
NOV.
Barley Upol The
new line is to start yo Twk Bour operating ourly this year with me Finitial shot of three ̈ifalps!
With the new name Gunung
Dial, she is to carry mints
A Amanze Njoku {3710lgarian Tramport Minier Built In Hamburg in 1836, this has signed an agreement setting $18,000-ton ship now owned by up a Nigerian national shipping Hasmiy Alfred Holt and Co, of line with an authorised copital Ziyampooi, began life as the pas- of Ca million A Wenys Lingy Pretoria.
Jugge 3000,000 pact made her
shu No: 1 tevaoshij in 1849.
LIVERFOOL:
Cotton future closings,
tricluded throomised shevis pence per ib. were as follows: Domestic No. 18 sugar futurka
trom Talland at #17% cents and four shoelaat 31% pentai pound. Indonesian shippers offered at 321⁄4 conis, tipot No. Res was quoted. `at 22%. AMSTERDAM
2595% nom. ORD.
was
rubber market steady today. Fricas closed to- day in guilders per kilo eli Ajail as followent
2.1 Ther
Nubber
American Contract
22.18
21.75
€1.75
19.00
May/June July/Au Oct/Nov. Dec/Jan Mar/April
M3/
Oct Nov Dec/Jan,
MGA NÃO PAULO
All priosa unglisted" today. In the United States, the average
closed unchanged to 2 pointa higher with salts of 183 con-- tracts.
Contract No. 4 (world)
May: 2.851 July: 20: Sept: 290; OT100: Fan: 3.15; Mari 109; May! Still, July 143 Bept: 211 Bpol Trents per lb. fob Cuba): 235,
Open Interest: $,515 contracia." Ceptract No. ● (Gomertp).
Kay: Baty July 504;- Hept;; 143;, Nov: 1435 Bpot-(benta, per ib. cit Ny-duty 25,
орга
Exchange Rates
„Bualņem - was done, in the monical exchange market morning at the following-rated-
VB. dollar' (per #1) Starling notes: (DEF) 81) Australian notes per 20 Indonesian rupiah (par 100) Biem: ticis (per 100
Marks & Spencer Ltd-5%y__735d Woolworth 22 WA & Co.-626.
Textili, Coale 3, &. P. L16-246. KL Courtauls Lid de kd, -
Mlow Anglo-American. Corp of Southi Affles170 20. *Ċenis Golareidą of South Africa-
Cong. Zine. Corp. Ord, Bin.. -De Beers deterior Tid. Hongker 10— 19140. Petaling (250ml
and 1150. Southem Kinta
Union Corp-868 Tijd. West Driefontein Qoidmining Wast Rand Cong240 7314. Balleh Horneo Petroleum, Kyndile Ballan-Pairotesimi Chi Ladi-686 Eurmah++DRI, BLA Royal Dusan Patroleum-