Page

TRANSPORTATION

THE CHINA MAIL, THURSDAY, AUGUST 6, 1959.

Pago J

DANGERS OF SPECULATION

London

FUTURE

Closes Higher

Take-Over Deals Attracting More Small Investors

HONGKONG

ESTIMATING TRAFFIC ON THE ST. LAWRENCE SEAWAY

VARYING estimates have been made as to the

.

potential traffic on the St Lawrence Seaway. Ideas have ranged from 35 million to 90 million tons a year when the Seaway is in full operation. Generally, however, about 50 million tons is the most favoured figure.

[

It is impossible to forecast at Coat shipment to the United present how long it will take to Stases and Canada will increase, icach is full, should the trade aut if new steel mills are bullt materialise, since the full bench the St Lawrence Valley, the www 27 but increase cradld be ennsitlerable. of the Seaway's deh will not be felt by stane There is a posibility of a slight the mod important ports, schierease in petroleum shipments the channels From Canada to the United as Chicago, intil which coineet the Lakes west of States. Though the Seaway is wit Lake Erle have been denpened expected seriously to disrupt the to match,

existing patterns of shipments to Į the Great Lukes areas, am the

St Lawrence.

BETTER FACILITIES

Then, many of the parts them- selves still have to provide on- Barged and better facilities.

ADVANTAGES

Other bulk cargo -- coment, Tumber, rubber-hould enjoy Canadian ane American port: Fadvantages from the Seenway. a general growth of a investing many millions of and with dollars in developing their bar-industry this traffic should in- Since the bar approaches and berth crease appreciably. #crommodate the larger vesele Stawny opened, there has been in dustie and foreign trade.

Barolable" muvenient of strap Every major American city on

sorgtes to Japan. the Jakten, with the exception of Detroit, is going ahead with publjely-unced port improve. ment sebeme.

Movement of general cargo-

chinery, ears, packages, boxer, food has

grown processed steadily during the past 10 years, These factors apart, there is and, before the Seway opened, no deuying the tremendous in-mounted to over 1 million tons, fluence on the economies of Within a few years, it is said, Canada and the United States this will rise to 6-7 million | and, probably, un shipping trade patiens--which the Seaway will The Serway exert eventually. will be the genesis of new indus- tries and new trade

totis.

This

estimate includes cantidion domestic traffic and between Canadian muvements and Amerlean ports as well as redire shipments from the cal

Initial support from Camallan Lakes to overseas. A sizable in- and American manufacturers gud | crease in refrigerated cargo space shippers has been encouraging is foresern,, a development of but their biggest problem is particular significance for ex- make accurate comparisons be-

porters of perishable foodstuffs tween transport costs through from North America. the St Lawrence and through Allentle ports on the east coast.

NEED REVISING

Ceramic Coating Engines

For one thing, the Seaway

only in For tolls were announced March, and I thought that revising much they will need sooner than laid down. A fur- ther unknown factor is the resis tance by other competitive forms

of transport -- perticularly the less of Imsiness to ocean-going

ships

Alrendy, one

American rail-

A

PROCESS for putting a coramic lining within. diesol and petrol engines may lead to increased power and lower fual costs,

way group has reduced its export grain rates by 20 per cent. bill of

It also reduces the amounts unburned hydrocarbons

remains to be seen whether all which are exhausted by auto-

the always, backed by power-mobiles and trucks and act as

ful and influential interesis, will irritants in the air.

night the Seaway or accept it us

a competitive partner.

In the process, ngine heads.

The general assumption so far fengize

valves, DA piston

is that i is much cheaper to crowns are sprayed with, an convey cargo via the Seaway 0.005-inch coating of porcelain- than it is by rail or rond for rare earth exide and transhipment al East Colst parts, alumina,

TRANSPORT COSTS

It was recently

pointed ani.

for example, that transparing

zirconia,

tilanta [TK] iron-titanium

mutlite, foxide.

The coating is sad to be steel pipes from Chicago to the twice as hore as tool steel affai Mediterranean by rail to Newgapable of resisting York casts 48.50 dollars per tonlures up to 5,500 transportation by the Seaway is Fahrenheit. By containing "heat The within cylinders, it is expected Fak to cost 30.50 dollars.

cost of transporting

tempera- degrees

r and to improve combustion

London, Aug. 5. Stocks closed higher in virtually all sections of the list today with in- dustrials climbing to an all-time high.

Eketion hopes were the imalo factors behind the buoyancy of the new necount but good

business now and callsfactory gold roserve Agures also helped. Cleverument bonds, however, eloved with losses of up to 14

for

(Our Own Correspondent)

London, Aug. 5.

Assuming on my part that some secret knowlodge which I do not possess, the barman at my "local" asked me if there was any truth in rumours about a bid to take over the shares of a certain company. Obviously supeeting that

Informa dir vowal of "inside" tion was evidence of my shrewd

myfended reports that those end- ing members of the Govern-

directly concerned ment

are careful eye on keeping a very share speculation.

ness, he persuasively volunteer ed that a lot of us are playing the market n wadays, You don't stund to lose as much as when the you play the horses note.

And with all those inke- dogs. evers about you stand to clean up quite a nice little packet,"

the only negative Insurance and banking shares hardened while forelim bonds, walls and duthur stocks moved Harrowly irregular.

Steels Higher Steels again helped push the Industrial list higher as did motors, engineering shares, fexiles papers, property shares, Tadle, electrical and blue chips, Oils were Arn.

D

at

This no way means the Government is opposed to genuine healthy take-over bids and mergers. They are business- men enough to realise that fre quently such changes

inject

In America where Dow Jones fresh life and opportunity inte 15 required reading for the the companies concerned. iterato adult, rd accept this What they view with mais- sort of conversation as common-givings are entirely speculative however, fuoruvres auned at quick im- In Britain, place. where the ordinary man's pressive profits without uny flutter has been largely con-beneft to the companies affect- Aned to dogs, horses and foot-ed.

ball pools, it is distinctly novel. The febrile atmosphere Ken- erated by such operations and The Attraction

the convoquent effect 431

Government

The attraction of course is that public opinion, it is belleved, Cind shares closed firm after

start. unexetais

have inspired the while the punter beg pardou, inves diamonds also scored fresh toris in little danger

losing his original stake. his

Instincts gambling

galas.

Hase metals the dull sid~—UPI.

STOCK EXCHANGE

Business done on the Hong

kung Slook Exchange this morn-

mounted to approximately $1,362,000. Noun 'quotations and

the morning's transactions:

Whafe BANKS

1K Bank

Xp

Buyers Sellers

ARD

Bact Ana.. 240

INSURANCES

Umen Lubard. SHIPPING Wheelock

ሰቦ

35

6.45 pnb 2000

HOCKS, ETC. R. Whare.. back Provident

101 104 427%

13 16 13 20

F

الحمية

Males

Fall In

Sharp Fall Early Trading On Wall Street

New York, Aug. 5.

Strength in Ford Motors, which rose more than a point, stood out as the strong feature of a lower stock market today.

The rise in Ford was accom-Paramount Pleturni panied by smaller gains in Parke Davis Co. Penny J. C. Eộ. Chrysler and American Motors.

Sall Co, General Molors lugged.

Patip Morris Piney Bowes The market felt shurply in Procter & Gamble Co the morning dealings but when Pittsbals Plate Clas

Putlicher dustries volume failed to step up swirly pure all the markel met support and come Radio Corporation 6.40 back from the lows in all but Radio Corp. Prek.

ke ral sertion which Was Republe stor marred by a loss of more than fleynalds Metat two pointe

City Bears. Roebuck & Co Southern.

700 $ 44

300 13

2013 40001310 95 $3.17 1000 15.20

300 33

Ja Kansas

Gains Shown

Late in the day several'insuca some of were to show gains. them a point or mere, National Steel was tronger in a lower

Taizon

400

LAND, ETC. HK Ho

TERC and

70.40 23 70

2000

30.30 1000 2940

375 374

203

37%

24

371%

500

37%

500

3745

oit

Humphreys

A

101.70

145 1.075

250

Realty

Техово

steel department, U.S. Gypsum Jumped 3 points. and Standard Öll of Canfornia were firm in a narrow moving department. Cessma rose

10.30 more than two in a lower air- 7100 1,075

craft division. Du Pont came 13000 1675

back somewhat from a loss of 21.75

ncarly seven points.

2.13

Today's volume was 2,630,000

3.45 shares.

Of a total 1,207 Issues traded

36 were higher and 623 lower.

American

Exchange volume

1,000,000 shares, Bonds volume

RUBBER

of

wero again on

Gledged Bonda

Gated constantly

by thought that he might lay hands on shares for which vome take- over expert, is prepared to pay handsomely.

And

aru the

|

3.

1970/19-

the I strongly

suspect that curren: prevalence of take-over and deals is attracting more

Into more "lo" 1859/03-playing

Star Ferry Towards this end, say in Yumati formed sources, the case for a capital gains tax is being stu- | C. Light died.

... 2.6233 2.675 10000 Amaly

Trust

.00 1030 / 3.918 lo seck for some way of check-

3.10 A. Tawat.. img the worst sort of specula- Sungate

55 2.63 tion without Inhibiting Resulne enterprise growth and efficiency | Team

Capital Gains

3.92

ITILITIES

30 200

500 or 3014 100330

Was

134

133 100 139

110

117

303 134

2007 113

GRO + $15

ID 13.70

1240 e 1841

315 1080

the

Although no one expects investors

see any effect of this examina- market." Few tlun for soine tline, suitable

3200

10

Closing Prices

Titish Transwort

A

Conso Consule

Funding

Conversion Juan 31, 1900— £07.

Lion £41..

Finding Sinck 31. 1900/2001- £73.

Funding Loun 4 CD-1/16

Od

3d

1900/90-

Saving B. 1935 C-£00-0/16. SAYED

Savings 32, 1965/75--£76.

BA

Barclay's Bank "A" Lid ord-358 Chartered Bank-4.

tingkung-521

Havranch

27ion surtuve Canton-£5-5/16.

Alrerats and Motara British Motor Corp. Ord-15%. Ford Motor Co-id.

Breweries

Distillery Co-27 1d.

Building and Materials Associated

Portland Cenient-

Pinchin Jolinson Associates Ord- 21 10 xd.

CITY LIGHTS

Atterid

"-und the next t100 Rems are of paramount Importance. indeed the whole future of the com- mau well depend upon them..

pany

und

steel products from West Ger-speed oxidation of hydrocar many to Chicago costs 44 dollars bons.

per ton by way of New York, but only 30 dollars by the Sea- way.

Thus far, lely by one rail-

road ar sald 10 show that These are very general com-ceramic-coated parisons, bewever, and it will be run clean, nimost some line before the cost ratlo gummy deposits, Uccomes more delinitive.

Jubrication

London Express Sérpion.

Coal, Blept and Engineerine

weeks seem to pess without mencures would be welcome by same financial baron serenading businessmen here who are con- olher concern's stare cerned that nothing should mar some

And since so many the good repute of the Stock owners. such bids become headline news Exchange Just

time when who can wander at the "ttle" the "le" man is beginning to man deciding to dabble, Inciden-realise that there is nothing at fully an almost inevitable side all sinister about this market. effect of this could be a shift

at

in the popular attitude towards the Stock Exchange and lts deal- ings For among the ordinary people of Britain the Stock Ex- change has for long been, at

mysterious,

wors immoral. Traditionally for them peopled by lop-hatied vulturas remorselessly sedueing widows and

Into orphans another "South Sea bubble."

best,

it wor

A Careful Eyo

If this change came about it could contelbule much towards the realisation of the conserva- of a "property five concept owning democracy."

In the

there

де

Singapore Rubber

Singapore, Aug. 5.

$5.590,000.

aunounted to

Finyon

Shell Oil Co

Saleway Stores Belenty Inc.

Scott Paper Binclair Ou

Smith, Cine & Fronen Focony Mobil oil Folar Alresafi

Bath Puerto Rico Sugar

cutlier Co. (The) ..... Southem National Gas- Southern Railway (7.1 Fiandard Brands Standard of of Ind. Standani Oil of Cal. ftandard Olist N.J. Steep Rock

Sterling Drug Co. Stokely-Van camp.

Stone de Websler Studebaker-Packard Cor. Sunshine Mining swift & Co.

Texas Co.

Textron Ino, Talckof Chem. Tide Water Assn. Oli Time Inc.

Tri-Cont. Warrant

anileth Century Fox F Union Carbide .... Union Ol of Col

Union Packle Railway

Dow Jones closing averages United Aircrall

were:

34 drink 18.70 20 Fails

13 utilities 100085 Fincha

200

40 bonda

Uniled Can Corp.

472.33 0.9. Fait "B"

105.43.S. Cypaum

0.25

0.S. Line Co.

222.63 US, Rubber

0440

S. Smelting

Comm. fulure price index 15137 US Steel

Closing Prices

100 44 28040 | Aullibi Pwr. & Paper

60 or 0.40 Aldres Inc. Acy.

Algoma Steel Cam

Allied Chenipala

US. Beel

Warner Bros.

P.C. P.F.

N

30% Werlinghouse Air Brake

Westinghouse Electric

30

40% Westers Union Tel. Co

12817 Winn-Dixie

Zenith Radto

500 13.70

1205 18.59

200 10.70

Electric

29.40 20.10

120 20.32

1200 for 29.80

Macao E. Tel.

0.00 20.00 23.10

600 20.70

Allied Mine ina.

41P2

Woolword i

100

Allis Chalmers

331

201

20.00 Am. Brake Shoe

INDUSTRIALS Cement

American Airline

A

American Cable & ftadto Corp.

34 3439 7250 or 3412

300 34

American Cyarmid C.

100 G7 34.50

Amer. & Fargon, Power

Am. Goa & Electric

300 or 34% 1.70

Metal I.

The market opened higher on good initial buying interest, STORES, ETC. but at higher levels tak profit- Dairy taking ensued and gains were wiped out.

Lower sheet interest was ch factories The small side, with quiet.

U-

Heavy selling from country and profil-taking com- commission house bined with hedge selling caused prices to case one and one-half during the afternoon.

Faqulry for lower sheet was meantime, however, sporadic with sellers meeting the

well-market a most prides---UPI.,

seemingly

Yesterday's Closing

COMMODITY

SUCAR

NEW YORK

Closing prices ail in conts

Babcock Wilcox Lid-544 3d per 1b.:

Food and Tobacco Brah American Tob. Ca.. Luke

Contract No. 4 (world)

Sept.

2.07

Oct.

Janu

March

May

July

Sept.

Oct.

for

diesel engines ut free and that

Vickers_Lid-30% ki.

254 30.

kl xú.

perial Tubacsi

Co., Ltd-

Miscellaneou Beardman Marden L-35_040. British Oxygen

માં

Canadian Paclite Rły 453).

Dunlop Ruhbar Ce-24

3.

Hongkong Chinn Gas--13s 31. Imperial Chension)-30,

Sept

Nov.

Marsh

all ters need to Once operating smoothly, the be changed after 20,000 instead route will cut at least two days ol 7,000 to 3,000 miles. This in the voyage time between the process has been developed by Great Lakes and the Atlantic.

Research Institute,

Armour

This is a further competitive Illinois Institute of Technology, attraction of the Seaway, and Chicago 16, inofs, Ü.5.A.

an important factor in winning

over marginal shippers. On the

question of mileages, the Groni

Lakes Commission

hos stated Refuelling

that distances from essentilly

all ports on the Great Lakes to

North-west Europe are less vin At Sea

the Seaway than by rail to the

East Coast.

FUTURE MOVEMENTS

A

Lid. Ord-63s, Spot-job. Cuba)

lyn Co-E‹ 43⁄41⁄2d. Unilever Lu--Ints 30.

T'aper Bowater

Badlo Com Ord-524.

and Electrical Associated Electrical-570 k Electrical & Musical

10: English Electric

General Elcelyło-30s Ax

"Shipping

› Indo-China Steam Nav. Co. der ord-30s 3d,

Slesin Navigation def ord

NEW system for re- fuelling at seo deponds.

Whatever the pattern of fature on the pea of a phosphores

Store

Great Universal Stores "A"£?$ 100

movements, a large increase lucent paint to eliminato sag-March & Spencer · Ltd-d4a 7{ta the volume of grain carried onging and other problems of wort

Woolworth r. W. & Co-ste the Senway is expected. The roule has always been tayour joining up the equipment.

able to the movement of Ameri-

The use of a

semi-luminous

son at a can grain, but restricted in recent paint which can be

the use of the sufflelent distance is not an easy years through existing elevater facilities for problem to achieve technically the storage of Canadian grain. In that any development m this

With improved and increased | feld must obviously facilities at St Lawrence parts, governed by military

as well as the trend of making ments

direct shipments from the Lakes viability,

to overseas destinations, the pre-

vlous volume of 35 million tons

concerning

ba

require

* Textiles Conta PL-28 13. Courtaulds L-AN.

Anglo-America Corp Africa-100 .

Baleh: Tas contracts.

Opsn jalerent: 9.038 contracts. Confract No. 6 (domesila)

Spot (CA. NY, exsuty)

Total Bales: 133 contracts. Open interest:

UPI.

April/Juno

Jul Aug.

Dkt./Dec.

cents

General markets, c.lf. bands, ports:

AUR

Off.....

Existe crepe

thig ADR.

Thick Aug;

AMSTERDAM

1500 3495

1.70 1.725 3500 6

Am. Hume Prod.

Am. Mech. & Fdry. American Metal An. Natural Gas American Smelting Am. Sugar Be..... Amarkan Tel & Te American Tob. "A" Anaconda Copper Arineo Sleek

1725 $7 17.60 1000

500 m 17.00 Watron

17.00 10.30 .. Craw, XD 10 14 19.30 Kwang S. H. 145

COTTONS Textle

Nanyang

ArtBour

Atlas Cons. Mining

6.10 Balwin-Lina-Lots.

...

5.03 0.10 5500 17000 10.40 10.70 500

0.10

1000

MISCELLANEOUS

1 $3.00

600

450

Vibro

INVESTMENTS

Just.

Allied

invest

Invest Ri

Baltimore & Ohio

Bank of Montreal Benefeat Finance

500 13 30 Bendix Aviation Corp.

7 5000 W A

17000

Bengus Cons

Bithlehem Steel Booms Airplane

4.80 Borden (The) Co.

5000 GA BCE

PRICES

Burroughs Add Machine British Amer. Ol.... Can!. Packing Corp.

Cana, nk. of Curin.

Cana. BreSVETA

Campbell Soup Co.

Canadian Paele

Case (J. L) Co.

Chicago Grain

Chicago, Aux. 5. esaler, but other grains were mostly arm today on the Board of Trade.

light trade was The wheat and quiet. Local buying pre- vailed at the start on reports of

Wheat was

45

7911

633

it

11

101

large four salos, but mill buy- ing did not develop. Hedge 5312h sales were moderate, and ecm- mission houses were also sellers.

Soybeans were al:90 fem

102

501 after

came

a weak start, Support

on the early dip, and the

rally let to shert covering, which

boosted prices nearly 2

cents

Pakistan was reported to have

bought 18,500 tons or

wheat, and Brazil

hard

was sold to

1003 have purchased 150,000 tons of

wheat.-UPI.

34

40

from the early low.

42

*

21

Col. Tractor Celanase Corp. Chase Maubat. Dank Chryster Motors... Cluett Peabody Colgate-Palinoíte do, Colehan Carbon Co. Commercial Credit

33

€375.0

4136

BAL

Consolidated Fulsom Continental Olt of Del. Crane Co, C

4015

DIG

Crown Zellerbach

not

Cuban Amar, Bugar

201

Diamond Alcoll

Dinmend Gard

c9

-UF'.

40T

Average price in US, at 14

designated ajol markels:

Total rales: 18,093 bales,

2644-237%

available.

302-3012 53-304%

331

Closing prices all in guilders

per klicgram, clf. Aug.

No. rubber

No. 2 rubber

No. 7 rubber

No. 1 crope

2.00 Roin.

293 παπ

2.91 tall.

3.10 man

-UP

COTTON

5.87-03

3.58

5.40

3.02

Closing.

NEW YORK

prices all in

cents

Der ib.

B201

Oct.

3.483 contracts.—

RUBBER

NEW YORK

Det

Merch

Mey

Jubi

METALS

per lb.:

NEW YORK

Zine

Sept Cupper Sept.

Oct.

Tim

Sept.

Oct

LUNDON

11.

Exchange Rates

Business wall done in the local unofficial exchange market 5374 moming at the following rates:

US dollar (per $1) ... String notes (per £1) ... Australian notes (per #1), Indonesian rupiah (per 100) Elam ticals ipar 100) 73 Singapore (Elraits)

304,

FAST FREQUENT

SERVICE

this

0.74 10.

13.00

Dominion Som

Dicas Aircraft Dow Chemicals.... Dupont de Nemours Faktem Airline

Pastman Kodak

El Paso National Ga

Tamily Finance Corp. Firestone Tyra & Rubber First Nat. City Bank Ford Malar Co. of CENA. Ford Motor gi Georgia Pael

Closing prices, all in cents General Dynamics,

Lead Bept,

General Electrle

11.05 General Foods

Goneml Motors

120 den. Pub. Util. 1128 Gen. Tyre & Rubber 21.75 Getty

21.06 Glidden Co....

101. Goodrich (D. F.) Co. 101.75 Gaedyear Tire .... Grumman Aircraft Gulf of

Closing prices, all in sterling per long ton:

Lomond Organ

Hayden Newport Corp. Homestake Mining Co., Buyer Sellers Hussman Refrig.

FOREIGN

BACHANGE

NEW YORK Closing rales: Canada

England official”,

LONDON Closing rates: New York ... Montreal Amsterdam

Brusela

Cupenhagen Frankfurt Lisbon * Paris

21ocktilin

Idolio Power

Imports Out

Ingerwill-Hand

111 Inland Steel Ca

Interchemical Corp,

Int Business Machines

821 Int'l Harvester

International Nigel

International Paper

Ini Tel & Tel John-Manville Co. Kennecott Copper Kimberly Clark ... Lezett Mayers Tob, Ch

ly fip

Lition Init Lackleed Aircraft Loown Intern. Lone Star Cement Co. Lowenstein & Bing; McDermott J. Ray McDonnell Aircraft Mesati Iron_Corp.

1.04 0/3 Minnesols Mining

Mission Development Montant Chemical Co. Montgomery Ward Motorola Ino," National Biscule Co. Nallons Dairy Prod. National Lwork pakkni New York Central Noranda Mines for

Lid.

Aviation

2.0-2.8134

100 W16-8.80 41/10 30,016-10.934 143.30-140,40 10.3913-19.2011

09:10-19, 201 13.78-13.283 34.84-14.04

-UPI.

Horfan&

North Amer

Nordwest Airlines (Dam, Ulla Mathieson

Otia Elevators

| Gwyn-jilinola Glass

txford Taper Co.

Prello Gai = klec.

Pan Americats Aleways

TO

EUROPE

and the USA

on Pan Am

World's Most Experienced Airline

Tas covecratione, cadę pač treesć ogott år

Thess 17031, Hem Kon

AMERICAN

Nov

Tin mot

7023

703

2-month

7901

Com

spot

22016

220

2015-17

220

Lead at Isatt Aug. Nov Zine ist kali Aug.

71

12

201

NEW

Closing

ORLEANS prices pil it

-UPL

Rex rubbor futures closing

per .

prices, all in cents per

Sipal

cents

31.03

Oct.

Sept

Dec.

Nov.

99-85

Merch

Jan

345,00

May.

Mot

34.70

Jally

of South

July

34.00

Sept.

31.10

LIVERPOOL

Closing prices nt i

pence

Ameriopa Contrack

1 Goldhelds of South Africa--

Cons Zine Corp. On-67%.

31.

De Bears def-1735.

nightment-120 4144.

Free State Development & Invest-

The major problem concerned

a year on the old canals may be to apply the self-kuminous

more than doubled.

palat at the weightlest end of

In a big port with adequate the heating line which is ured

storage faculties, grain is practi- Initially.

cally

always available; hence PTOCOUS

Honka 150.

Dkt.

LU-429

Jetaling Rando0. Boulem Kinta Cons Unton Corp-70s, West Driefontelu Gokimining West and Cons- 31. British Dorneu retours Byndi-

Do., Ltd

in the fuel transfer 140 Bd.

Experiments which have been

#nellich Pefrutoum

Hayal Dutch Petroleum-R10%.

& Trading147 Shell Transpart

the attraction for liners. A skip sailing with general cargo tran carried out with the now systems 2014. such a port, bui with amply into sald - to have shown that it of spare, can "bottom" with grain will perform with a consider- to complete its cargo.

able degroo of efficiency.

SINGAPORE

Closing pricea all in Straits per th cenis per ib. 1.0.b. Malayan ports: No. 1 Aug. Sept No. 3 Aug. No. 3 Aur. No. 4 Aug.

crepo

July/Aug.

March/April May/June JUÏT/AUR.

Mixed Control

July/Aug. Oct/Nov.

1001-1031

106-104+

103-105!

104-105

103-104

Na palo crepe

LONDON

all la Closing prioon por b

2014-1 20, 1/7-30%%!

12-14

pened

May/June

per kilo). All unchanged.

| No. 2 Bini upad

Eettlement "hatase ferm

Det/Die Jan./Marti

Heret.April

288 359

1,40

BAO PAULn.

(Closing prices all in cruzeiro

-Milion

Vienna

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