ANSPORTATION
The Air Roads Of Maiden Voyage The Far East
SIR GERARD D'ERLANGER
FEW
To West Africa
THE motor vassel Dogema
T on the viver Tea To
cently to complete her cargo fooding in London prior to hor maiden voyage to Wost Africa.
Many of her crew # 36 men welt civil officers an
recruited in West Africa and e
"(Chairman of Boae)- EW fields of human en
deavour have soon more rapid or more tar-reaching
than developments artatlan. In o Fow swift tribute was paid to them aboard docodes, we have seen airship before salling when
from the were given transport grow
good withea dream of a low pioneers into succesful voyaging.
The Degema Is "The first a great, far-reaching and two ships of her class to be bulit progressive Industry, whose at West influence has already been felt in almost every country of the world.
For us who work in civil
than for the aviation, no less
millions of passengers of every race whoni we carry, the future
of our industry exenting challenge.
represents
For Bene the year 1859 3 one of special pride, in the last few months we have see the de Havilland Comet 4 Jet atrliner introduced Isto regular service en Cur long-range routes linking Europe with the Far East, following its brilliant drbut on bur North Aflantle services.
THRESHOLD
Now, we confidently believe,
they for
ધા
Sir
Hartlepool by William Gray, and Sons Ltd for der Dempster Lines Lic. She
has the first of the new Gray- Doxford Ave cylinder, 5,500 bp pil engines which incurporate the intest type of injection equipment perfected at Gray's marine engine works.
une
Her sister whip, the Bixcove, wis Junched recently on the Tees, and three other ships of the
class for Eker Dumpster
built at are bring Scottish yards.
Tres-vide bos
of the world's greatest concentrations of chemical industries, and it world famous also for her steel products.
Degema will tees-side produced certy atstural steel for bridge bulding, steel sleepers, rods and
5bitי
the Cemet stand on the thres wire mesh and
and
hold of new achievements us enters rvice through more of the great cities of Asia on its way to Singapore
Hong- keng. Here, too, we believe that it will add to the splendid reputation It has alrendy warned for itself.
We are sure that it will be
in more than worthy successor
to the attractive jel-prop Bris tol Britannio, which has served U so well on our
Eastern
bitumen
overall and can load 9.430 tons. in her carito. She is 400 feet SPECIAL FEATURES
Her many special features in- house clude a combined wheel and chart room with all the lalesi navigational aids, electric winches for fast handling of corpora, and inert gas fre
extinguishing equipment. She la air conditioned throughout.
The Dogema is named after a town on the river Sombreiro in Nigeria, er main ports of call.
Free-
routes in recent years and willin West Africa will be continue to be highly popular town, Takoradi, Accra, Lagos,
Apapa and Port Harcourt.
Colonel
with our
passengers on muny
of our international services.
looking with
41 are
11
But, In Adence to the future, enubly fortunate. For some time, we can equal pride to the achievement
of the
look with
pasi nchievements
-
President
John
Peckton, of Tecs-side Loc South Wort Durham Chamber
of Commerce, ut a reception bas fore the ship safled, said: "One
think-
hopes that this example of wise expenditure and sound ing, based on getterations of ex- perience, will de mich promote and to extend the trace from this part of the world to West Africa."
which, while significant enough in themselves, were also in a very real some the foundations on which the evil aviation in- dustry of today has been bullt. It is interesting to recall, for *Example, that it is just 40 years ao dive two British pilots, Jolur Alenek and Arthur Whit New Canberras
ton Brown, mude the 1! non-
slop crossing of
North The
Atlantic by arroplane. For Three Year!
40 YEARS
11 in 40 years, too, since the Arst 13rlish regular commerein)
alr rervice was introduced be- tween London and Paris.
Preston,
LO
MANBERRA bombers will
continue in production | For at loast another three| aver 30 years yours, a spokesman for the since a less dramatic but equally makers, English Electric, soid signlükkant event-the first beau- for commercial air service from on the bomber's 10th anni.
And it is just
Brilain to Indła.
beginning
versary.
Presumen visited
An
order for the bombers is that Expected from Iraq, now the British Government has given English Electric perimis- sion to sell a limited number of
freenst tot
That
country. DOLLAR EARNER
From this modest
the Arm's have grown the great ctwork foetory near here, and watched of commercial ale pervices the maiden flight of a Canberra which today link cur countries, trainer for the Indian Air Rochkevement which lies very Force.
of the largely to the credit plonvers of Imperial Airways who in a few short years truns formed the air journey, between Indland Britain from some- thing of an adventure Into the easy and rapid-night of today.
But no enterprise, of course,
Canberrax have earned more least of all an airline, can rest
4250 million in export upon the achievonent of the orders, much of it in dollars. pribad we are very mum Altogether 1335 Have Been alive to the sprees in a sternly Industry,
than
demands of pro-made in 10 years and 23 dit-
competitive
ferent types have beer. developed.
The introduction of the Conict
The Canberra as set up 22 world records—inore
4, the culmination of so many official
of
years of faith and hard work, than any other jet plane the itself an indication
our world, and it still holds 18 uf
to determination, not merely
times, but
keep abreast of the
these
One of its records suil to be
well ahead of them. Later this beaten is 4,200 miles from Bri- year, we look forward to intrtain to Nairobi, Kenya, in eight jet services lining hours 12 minutes-China Mail ducing
Europe with India, Southeast Special.
Asia and Australia, while a le
later, we shall see the debut of
the magnificant Boeing 707 air- Attempt To Break
liners on our Atlantic routes.
NEW AIRCRAFT.
Further ahead still, we look forward cagerly to introducing our newest aircraft, the
very
large Vickers VC.10, on services
The Heat Barrier'
London, May 19.
THE CHINA MAIL, WEDNESDAY, MAY 20, 1959.
IRREGULAR DAY ON HONGKONG London Hits
NEW YORK MARKET
New York, May 19.
Stocks advanced irregularly today and at their highs threatened
the old record high in the industrial average,
STOCK
EXCHANGE
Our Own Correspond at
Business done on the Hong- kong Stock Exchange this mor-
$1,233,000. Noon quotations and the morning's transactions were:
Buyers Boilers Bales BANKS
Some profit-taking developed near closing time in auto shares which had
been strong leaders of the advance. At the highs their gains rangedning amounted to approximately to nearly two points. Chemicals registered wider gains than motors and held more of them.
It was a day of céntracts with suas the target of sellers and druga meeting considerable profit-taking. Some rejuvenation
was noted in the
oits. Steel had an irregular rise. Special Issues had a few wide movers but for the .ost part their fluctuations bold in a smaller arth than in recent markets.
Money Rates
Trading picked up in volume for the day but except for short period after the opening the tickers caslly kept pace with the dealings. The caring tɔn- | denes late in the day came as
money
rates were Brning to get into line with the higher prime Interest rates announced Inte last week.
Oi Revator
Owen-Illinois Ciam Orford Paper Co
Radio Corp. Fret. Научном
SK Band..
INSURANCES Untom XD.. SHEPING Waterboat.
Wheelocks
***
18000
30 ar DG232
30
73
$100 12
1093
13
Standard Ol of NJ,
2015
Steep Rock (Toronto Exge.)
15
30
Aterking Drug Co....
Pholic Gai à Eiro. Pas American Airways .... Paramount Pictures
Stokely-Van Camp,
211
Ezone & Webster
481
Studebaker-Packard Corp.
321%
Parke Davis Co.
4015
| Burihine Mining
Si
Penny J. C. Co.
Swil de Co.
Penn Bait Co. Philip Morris
Texas Co.
AD
Textron The.
Piney Bow ...........
Thickel Chem.
Procter & Gamble Co
BOT
Tide Water Arm. O
272
Pittsburgh Piste Clas
Time Inc.**
Publicker Industrier
10%
Tri-Cont. Warrants
Pure Ol.......
Twentieth Century Fox Film
DOCKS, ETC. .K. Where
Dock
40% 40.70
Radio Corporation
Union Carbide ....
07
7142
Urian Oll of Cal
500
0731
Union Pacific Railway
3.43
45.25
711
United Aircraft
1100
BOT
United Frult
110
Provident Talkoo
11.20
1312
LAND, ETC.
B
Bmith, Ce & Frenchs
14"
Socony Moba qu
405%
Solar Aberafin
South Puerto Rico Sugar
Southers Co. (The)
Bouthern Neckmat Ga
US Steel 7 P.C. P Warner Bros. Waukesha Motors Westinghouse Air Brake Westinghouse Electric Wekem Union Tel. Co. West Va. Pulp & Paper Winn-Dixie Stores
2441 43
HK Hotal 2730
MK Land.. 37.75
Humphrey 13.50 15.90 1003 Really
1.00 1.05
13
RUBBER Amal.....
44%
4145
Trant
Standard Darcha
Woolworth (K. W.)
B47
A Tawa Th
Standard Od of Cal
8814 | Zenith Radia
Standard Os of Indi
Hepublic Etea) Hernolds Metal
Boyal Bank of Canada Scam, Roebuck & Co.
Shell Oil Co.
baraway Stores
Salat teg. „Paper
Betwerdey Inc.
Scott Paper
Today's volume was 3.170.000 Bouthern Italy Com./
share.
On total 1,213 Issues traded 512 were higher und 506 lower. American Exchange volume was 1,410,000 shares.
Bonds volume amounted $5,840,000.
Dow-Jones
were:
150 alustrial
20 tits
15
-
03 Kloths 40 bunde
to
clusing averages
Congo. Iulune price Index ..
Closing Prices
Abitibi Pwr, & Paper
Alden Inc. Acy
Alguma Steel Corp. Allied Chemicals
Allied Mills Loc.
Allis Chaboers
Ans Brake Bhoe
American Airline.
An. Cable & Radio Corp. American Cyanmanid Co.
Awer & Forgh. Power Am. Gay & Electric Am. Home Prod. Ain. Mach. & Pdry. American Metal Am. Naturi Cas American Sinelting A. Sugat Net. .... American Tel & Til
United Gas Corp. U.8. Toll "D" 45US. Gypsum
8. Line Co, 27. Rubber 49 Bmelting
253. Bee!
דנס
08
UNITED STATES
HAS A
033.44
106 02
TAJ 163
217
14.02
35430
GOLD PROBLEM
361
07%
30
DC
New York, May 19.
WRITER aald today that
100%
Sungla
UTILITIES
Tam
2.423 2.475 100032.479- 10073 6 2.45
2.425
235
29% 28.00, 1000
2002
Blar Ferry.. 115 Tarra... C. Light
Electric
100 101 2 - 121 14.10 10.20
Telesales INDUSTRUALS Cement
3309 18.25 27.00 27.70 3047 % 21.8)
20 20.20
... 31.75 2.23
Amoy Con. 31s STORES, ETC, Dalry ......
100 27.70 1020 - 27.80 1009 200
1500 15.73
3000 32
1731 - 95
600 # 325D
I
16.20 10:40
300 6 10,377 400 10.30 1000 10.30
Walton
14.00
1. Craw... 17.00 COTTONS Texule
1000 17.70
1030 * 4.945
million of 'free' monetary Noryang gold," Mr Hazlit wrote.
8.35
8.50
1000* 0.30
1000 0.30
1000 8.33
MISCELLANEOUS
any complacency Abou! the apiflow of gold from the "Banks in the United States Entert. United
already have short-term | INVESTMENTS Habilities to foreigners total- H.K. & F.E.
warranted.
States WAR 117-
The writer, Mr Henry HazM1, was commenting in Newz. week
magazine on the de-
cline in U.S. gold stocks from peak of $24,800 million li 1949 to their present level of $20,209 niifion,
11
0024
15
1303%
#2
21
021
492%
2453
and deposits of the
American Tob, "D"
181
Aunconda Cupper Aingo Steel | Ainur Altar Cona. Mining Baldwin-Lima-dimer,
100%
Reserve Banks are required
by law to be backed by 25
24
per cent of gold. As of May
10
Altimore & Oile Bank of Montreal Beneficial Finance Bendix Aviation Corp. Beauet Coas Bethlehem Steel
Co.
Burroughs Add_Machine Bricks Amer, Ou
Driting Columbia Pwri Calif. Packing Corp.
Cans, R. of Comir. Compbell Soup Co. Canadian. Pacific R. Case 11. J.)
Cat. Trector
Celanese Com
Co.
C I. T. Financial Corp. Clix Nanal Bank Chrysler Motor Chett Peabody Cokale Pamolive Co. Colombian Carton Cu. Copunerell Credi Comulidated. Edison Consimental 1 of Del. Crown Zellerbach Cuban Amer. Bucar. Diamond Alka!! Diamond jard
Dominian Storen
Douglas Aircraft ... Dow Chemienda Dupont de Nemour Kastman Kodak Eastern Airline
Tano Nalianal Ga Family Finance Corp.
"The 'free' gold supply in com- paratively small The notes
ling $16,000 million. So if foreigners really elected to withdraw their deposita and short-term nasela in gold-the alluation would become very serious.....
of
"The chief reason for the out- flow of sold is distrust of the future
the American dollar, brought about Federal
by our inflationary polletes....unle we....halt these inflationary
6, this called for a gold cover of $11,700 mililon, leavnix the frezstiry with only $8.500
Latin America Sets Up Common Market
Panama City, May 19.
BTwenty Latin Americon Gor-
221,
DIEP
31.
83
B%
13.
155'
40
einmonts,
United tho
States, France, Britain and slland have approved
Latin American Com- on Market.
Unanimous endorsenient of
As the eminent markets/project came in a resolution by
the
Allied
Invent.
415
... 11.00
Exchange
DOO 1.8
Rates
6.72
Busine was done in the local chofftrial change market this moming of the following metee:-- U.S. dollar (per 1) Sterilng, notes (per il ........ Australian notes (per £D). 12,40 Indonesian rupiah (per 1001
23.40 Slam Uicals (per 100) Singapore (Sirails)
1.0)
Higher Level
London, May 19. The stock market closed irregularly higher to-
day.
Gilt-edged sccurities continued their recent re-
covery with gains ranging to ths.
New York Cotton
Market
un-
New York, May 19. Minor price changes
accompanied an usually quiet trade in cotton futures today. After see-sawing within an extreme range of 55 cents a bale the market closed net seven points higher. Opening prices were two to up.four points. New Orleans closed one point higher.
off
new
Traders generally kept to the sideline, awaiting some insentives, possibly in the crop picture or anywhere else.
Dealers estimated the volume today at below the 18,500 bales for Monday. This reportad
was the second smallest for a fult five-hour
in the session
of the 27-year record
Com- modity exchange administra- tion. The record low was 9,400 hints, reported on Oct.
1058,
Stimulate
While buyers
23,
failed to find anything of a decisive nature
were
Gains outnumbered tosses in The Industrial list. Decca ad- vanesa en Ww-th
Ruska
may buy its aircraft navigation equipment, Electrical motor und cement issues, however, cased.
Gold stocks were higher on quiet trading. Coppers, lead und zinc were firm.
Greek bonda
were firm In
the foreign vection.
Dollar "stocks case. Oils rallied after a sull open- ing--UPI.
Closing Prices
London, May 19.
prices on the
The closing London Stock Exchange:
British Transport co4-7/16
Gilledged Bondi
31970/06-
Consola 2—151-13/10. Consola £75-3/10 L'onversleri
£60-7/15
Funding Loan
Funding Block
£72-7/16.
Dd
Lour 30%. IDCO
1033/6
3. 1999/2X3-
4.
Los);
| 900/90---
Savings 3, 1055/6-201-1)/$0. Bavinge 35% 1909770–£32-3/14. Savings 3. 1005/25-2704
Banks
Barclay's Dank "A" Ltd ard-375 Chartered Bank -47 Hongkong-£50.
Insurance
Union Insurance Cantun-C4%
raft and Molers British Motor Corp. Ord-17 3d.
Ford Motor Co-451.
Dreweries
Dizilers Co--27.
Buliding and Materials „Asociated "Portland Cement—ais Pinchin Johnson ~JD43425.
Associaten Ord
Coal, Bleel and Engineering Babcock & Wileux Ltd--the c Vickers Ltd-33% 10d.
Food A Tobares British American Tob. Co., Ltd inperial
to stimulate new purchases, sellers conversely tarded in fuce of the continued favourable
1. accounts from the Lextile
unde Cloth sales are 4. being restricted by inability to make deliverian while prices
keep inching higher.
The Liverpool market weekly Crop summary said above normal temperatures continued to stimulate -rapid developments of catton in the western portions of the cotton belt. Chopping is general with squaring in pro- press in tho Yuna aren of Arizona, Irrigation of California cotton will be necessary earlier than USUBI. Rains aided the crap in Missouri and Louisiana, bul top-soll
ntoisture for the area in between is short.
The certificated stock today totalled 53,027 bales, up 400
!
Tobacco Co., Ltd.-50e
MiscomboUS British Oxygen Ltd. Ord-611 cor. Canadian Pacifia #ly-521 Dunlop Rubber Co-231 K. Hongkong & China Gas-139. Imperial Chemical--34s. Lynn & Combe Bd.
Unilever Lid-103# 115d.
Paper Bowater Paper Corp Ord-48 kl.
Radio and Electrical Ampelsted Electrical-dia Od, Electrical & Musical-041. English Electric Co-com Generet Electro-3 N.
Shipping Indo-China Steam
a 3d cor. 15.97
policies in Ume, the with- Agreed Merchant Rates drawal of gold would because socolora live," Mr Hazilit wrate Reuter.
Yesterday's Closing
Swiss Francs Maximum Sell-bales from the previous posting ing 7474.
on Monday-UPL
COMMODITY PRICES
FOREIGN ENCHANGE
NEW YORK Closing rates were
England
amchal
Canada
30-day
90-day
New Zealand Argenting
--LONDON-
Closing rates were:
trade comunisstor of the United Nations Legroñtle=Commission New York
matically approved ot the
31
Furstone Tyie_&_Rydbete; *First Nat City Bank
1403
Ford Motor Co. of Cana.
145xd
for Latin America (CEPAL) to-
Ford Motor....
70
day and is expected to
auto-
Georgia Paelle
General Dynamics
551
General Electric
30!
General Fonds
83
CEPAL plenary sesalon Jater this week.
General Motors
023
Gen. Pub. UNL
Gen. Tyre & Hubber Detly
10
z
20
Goodrich (B.
93%
Goodyear Tyre
24015
23w
116
Hammond Organ
Heyden Newport Corp.
lameatake Mining Co.
Imperial CRE
Intercherucal Corp,
alladen Cu ca
Brununan Aircraft Gull Oil
Idee Pawar
Ingersoll-and
Int'l Business Machines
Int'l Karvester International 【čickel International_Paper Int'l Tel & Te!"
THE Ministry of Supply John-Manville Co. THE Ministry of Supply
to India and the Far East. struction of an alt-stoel air- These very no aircraft, we are croft in an attempt to break confident, will fully match the
of. speed the "heat barrier, Verdon exacting standards
and comfort which the Comet 4 Smith, President of the Brie-
is setting on its journeys to tof Aeroplane
many lands.
In an industry
which m
Company which was given_the_con technical changes are so fre- tract, revealed today in his quent and so drastic, it would annual report.
be tempting fate to forecast too No: details iốt, this aircraft fly the exact shape which were given, for security reasons. the airilner of the future willThe "heat barrier" resulta from take,
Theat, produced by
the
But we can confidently pre-friction of thib murfaces
air's
# 30
Kaiser Indulity
Kansa C. Power
Kennecoti Copper Kimberly Clark
Liggett Meyers Tob. Co, By Vllp
Lockheed Aircraft Loews Incorp. .... Lone Star Cement Co.
Lowenstein "Bora,
ebermost 5. Bay
KeDonnell Aircraft
stock : } Hesabi Iron Corp. Minnesota MNA
Mason Developipant
Monsanto Chemical Co. Montgomery. Wand Motorola INE. *****
National Cash ftrg. "A"
National Dairy Prod Fational
sage that, whatever technical plane dying at several times National Biscuit Co. marvels the future may unfold, the speed of sound Steel with- other Ed will play as great a stande heat better thinks
planwering role on the air routes | materials presently ppeid in air- between "Asia" and her neigh-craft vonatruétions, but its high perlelight | Mar, artemnjih gutlo, 180 abdining ourtitionte as iẺ TÊM
been privileged to do In the far has discouraged its use.....
AFP.
part.
National Steel Corp. kaw Turk „Central Horfolk & Wanjara My. Korth Amer, Avfallopi North-wen Altlines (Com Olin MathiMOJA
1
Montreal
Amsterdam Brusela Copertingen Prankfurt Milan Osio Parr
1.03-27/32
2.81-13/32
2.81-13/37 2311 2,99-31/3
.0132
281702011 2.71-1.714
1002-10.021 14025-14050 19.30-2 11.764P-11,77
17404-1740
20.0314-20,04
13.794-13.79
14351-14.50
12.23-72,00 12,10-12.16)
CEPAL Secretary-General, Mir Raul Preblach, of Argentine, Blockholm left immediately after today's Vienna
Zurich ussion.
Chile for Santiago,
Others unchanged.-UF1, where the organisation has its headquarters, to begin concrete planning for the market,
Mr Preblach aid he hopes a 10% group of experts named by the interested governments will be-
475%.
40
(5)
RUBBER
NEW YORK
ein drafting a blueprint of the common market before the February deadline for this Nex rubber futures today resolution. closed 10 to 55 points higher work act by today's
cuter.
with sales of 13 contracts,
CITY LIGHTS
*Theme-beat ats-months in the City Mason. Boft mo cynical atsillusioned .... J”.
London Kapivan Farmtes.......
++
May: 36.35: July: 36.20 Sept: 1978: Nov: 13.35; Jan: 3493; Mar: 24.00, MAY 24.40.
AMSTERDAM
The rubber market was dull today. Prices closed in guilders kilogram, elf June as
Jod
follows:
No. 1 rubber
No. 1 rubber
No. 3 rubber
No.
nepo
No. 2
nabhor per 1. June No. 1 rubber per lb.
June No. 4 rubber per lb.
1106-101
RET-100%
90-90' 101-101
9415-0792 104-100
June
Suat ribber unbaled..
Blanke; crepe
No,
pale crepe
LONDON
The rubber market was quiet with spot quoted at 291⁄2 penca per lb. Prices:
No. 1 Ra pol
***** 291-2960
Satilenient house term
June
Ion at 14 designated spot markets was 34.63 cents.
and
Nav. Co. def
P&O Bicam Navigation del ord
te
Stores
Great Universal Stores "A" 30 4d.
Marth F. P. & Combs.
Spencer Lic.
Texilies Coats J&P Ltd- 3d. Courtauldi Lid-30s 34.
Mixes
Anglo-American Africa--162# DÍ.
Согр of Bouth
Cons Doldfelds of South Africa-
Con, Eine Corp. Ord-07 d.
De Beers def-137 €4.
Free Sials Development & Invest- ment-ils.
Bon con. Tăng 20. Felding Tinedo,
Rande
Southern Rinia Cons 218-
Union Corp-80 6d.
123 60.
Woat
Driefontein Goldmining-
and Con 75k.
"ou
British Borneo Petroleum 9yndi-
Total sales were 12,356 bales, ca 3 ---UPI.
SUGAR
NEW YORK
World No. 4 sugar futures -
•--•••••••-... 204-291 closed today two lover to ong, „Tilly/Sasıtmayang = 29 15-
Det/De
*291-29-2 "point-higher with "sales "61~208
29-20% ocntracts, General market, cif hazla. poris:
Jan Mar.
Estate rrope thin
June
Estate Crepe thick
June
31%
31
COTTON
NEW YORK
Closing prices were
Domestle No. 6-sugar futures closed one to two points lower. with sales of 110 contracta.
Contract No. 4 (work)
July: 291: Sept: 2.93; Del: 2.38; Jan:- 3.17: Mari, 107; May: 5.08; July: 3.10; Bept: 2.11: Spot (cenis per 1. fob Cuba): 252.
Opetalsex 8,5 contracia.
Contract No. 4 (domexilo) July: 8.81: Bepl: 3.04; Novi
0.46: Mor: 500: Spot-icenta per b. NY ex-duty): 8.00.
Open lerest: 4,200 contracts
Oct:
LPL
Spot: 20.230) July: 3470;
Dee: $230; Mary Way Mng? 35.17 July: 32.76; Oct: 313.
NEW ORLEANS
·Cinsing prices were: Spot: 34.00 July: 34.57; 21: 32.73; Dec: 32.08; Mar: 32.00; May: 33.17 July: 32.7: Oct: 31.32.
LIVERPOOL
METALS
Britial Petroleum "Bunnah-823 13.
Co., Ltd-503
Royal Dutch Petroleum-£10=1/18. Shell Transpart & Trading-1358. -Reuter.
Chicago Grain
Market
Chicago, May 19. Most grains wore fower to
day in a quiet market on the board of trade.
New crop wheat prices were weaker on selling by local tradera. Exporters were T ported moderate buyers of July. May started the session with a Arm tone on active short cover- ing, but the prices eased later.
More moisture was reportedl in the southwest and scattered showers in the northwest. Yugoslavia
was said to have bought 935,000 bushels for June shipment.
Soybean offerings were more liberal. A cush Interest sold May and bought July, Com- mission houses and a processor sold July.
חות
Wheat No. 2, red
NEW YORK
'Enot
May 2007
Colton future closings were:
American Contract
Closing prices were:
July
108
Sept.
Lead
May
11.000
Doc.
July
11.73
Mar,
100 1937-194 198
May/June
Zind
May
10.300
Corn, No. 2, yellow
July
10.00b
#put
722-13276
July/Aug,
22.74
Uel/Nev..
Copper May
32.38-Jab
Alay
July
Jul-
Dec/Jani. MedApril May/June
21.30
Tin
May
101.374
Bept
July
100.8731
Mar.
Mixed Contract
LONDON
Ryo
May
May/Jum
Closing prices were:
July
July/Aug
Oct/Nov.
Buyers Sellers
May
Dec/Jan.
Tit
July
Mar Apel
Spot
984
7241
Borkenna, No. 2, yellow
May/June
3-month
70415
184
Spot
235 nom
Copper
Lay
22011
Bao PAULO
Προς
2371
July 33714
229-
2-month
238%
Sebt.
"Afternoon (posaldry whe quiet 'but 'aloidy with Interest in lower Vrades,
Closing prices were:
Lead Ind half
July
57,DO
May
VESL
Nov. Jan
21343-35
Oc
ANE.
Harley.
Dec.
Zine 2nd half.
May
P
No. 1 rubber par 15.
June July
10112-302 2013-30
Spoi 701% New York flour 349 200 lb. seçk -UPL
120-125
813.10
UPI.
SINGAPORE Y
247 nom. US.nom. R32 nom, 5.07 'nom.
The market 'opened slightly higher on botter Now York advices' and 'steadled further on strong demand.
58.50
30.40
United In the
States, the
Auf average.. price of ono-luch co!= }
مان