Page
THE CHINA MAIL, THURSDAY, SEPTEMBER 24, 1959.
ANOTHER LENDING FUND?
London
Proposed Scheme
To Aid The
Slightly Small Countries
Lower
London, Sept. 23.
Dull conditions persisted in
stock markets today and; further widespread but mostly small fills were!
[1] recorded in almost Rections.
In the
London, Sept. 23,
In the coming weeks we are likely to hear quite
HONGKONG
STOCK
EXCHANGE
U1/9
morning's
a lot about the International Development Business done on the Hong- Association. Without doubt a proposal that kong Stock Exchange
morning amounted to opera such an organisation should swell the already rely $1,604,000. Noon bloated list of international bodies will figure quotations and the largely in the deliberations of governors of the World Bank and the International | BANKS Monetary Fund when they meet in Washing- ton on September 28.
transactions:
JK Ben..
INSURANCES Union Lombard
Anyar Briley
18T16
Bales
4014
0311 20
4500 in 8.10
0.03 1000 0,05
17000 EU 18000 0.0
Since the enthusiasm of its readless to lend at low interest Underwriters advocates is likely to drown out | rates and necept at least part of SUMPING Best cu uncertainties, the
of the the repayment in the local cur- | Winelieka further
doubtful murmuring development
and, anynnej renry of the borrower. ancommitted. criticising to made to appear But what would I.D.A, do
charl, but if inight by wilt to with all is loent currency? | Docks, ETC. take a di pesionat- kök #at this; The auwer Is deceptively, K. Wharf ..
...... $TIS itler while it is still no inoraj: Imple, Lef us as me that the Back Ban that,
"Kingdom of Broke" has repaid
Jasper affair and the renewed inderision on Wall Street over night were alf restraining ins
forurens
fullsetgod seenritics driķied lower to clense with numberón. falls of re-sixteenth to fath
GNU
Fahly extensive small were recorded in the industrial
falls
CITY LIGHTS:
RAZ
"- don't think, sister, we should worry unduly about the jumpiness of his chart Just non-after all he is a stockbroker.
London Kipraha Seriive
Were ha!
market. The leaders aften fw pence easier Imperial Chemicals were a good feature and finally closed ad up at 427ed on dividend hopes, Steel shares were again an er- ratie market and mostly closed with further small lowes.
were distinctly
Gold 'shares dull but there were occasional good features notably Conpolt
dated Goldfelds.
WALL STREET ADVANCES ON BROAD FRONT
New York, Sept. 23.
The stock market advanced along a broad front today restoring nearly $4 billion to stock valuations.
The rise was the Orst in the lust five sessions. Most of the
groupg
Joined in the mjor cdvance with galus running to elight points or more in Domo instances.
Recent declines
Wero brought about by the
Clace Manhat. lank Chrysler Molors Lluett Peabolly Colgate-Painvolve Co. Colombian Caroon Co. | Cummerelai. Credit
Consolivated_Edmon Continental Oil of Del.
Crane Cu.
generally
Crown Zellerhacts cuban Amer. Bugar
Diamond Alkali
the
Diamond Gard
Dombi Stores
These the
Douglas Alterait DOW CINATA
Dame inßughces-Ught money, the
and visit. investors in
the market
13.09 edge.
0003352
104
45
100 48
009
. 13:00 13.76
500 13.6)
steel Khrushchev factors kept $1.75 ridelines and
strike
500
1500 1370
200 w 3350 100 3335 50 30.75
500 29.40
1000 29.40
300 120.40
J7
070*30*4 100 301
The khoa has its genesis in aan 1.D.A. loan partly in its own Provident İsincere conrera for those Ballon currency
of "dudds". L.D.A. need to develop then looks around for another Talkon Back 335 33.75 which badly Prunerleally but which cannot | borrower which could profitably up to the relatively spend "Buddy"" In "Broke." "xacting standards demanded of Local currency re-payments of its customers by the World this second borrower are, on the LAND, ETC.
liame principle, lent to a fisted | HK Hofe!" 29.40" 201; was added to this borrower-and so ad infinitum.; prod by the realisation that
DOUBTFUL unless there were in apprcelable
text-book
Jank.
Legency
IK Land..
19.
rise in primary commodity reumanies but its practicability Realty
Humphreys 17.40 12.00
This
may be
finance
International
+44
1.00
of Amale. 3.47 Trust...... A. Tawah. Suprale
prices, the producing nations would not be able to forge doubtful. It assumes ing healthy economies from existing | readily, the willingness
verstas loan and aid prospects, borrowing nations to trade with For obvious enough reasons of each other. international polical and The Times" of London was economic importance, something (not raising a lone voice when it would have to be done to re- medy this state of affair,
REMEDY
1.53 1000 414
2000
too doubted the practicability of UTILITIES "this sort of perpetual motion,"
Tram ** The sume
also Yaumati newspaper [knocked the suggestion that the C. Light 18.20 10.30
use of local currencies for re- meet-payment was relatively painless when it said: "The whole con-
year,
The remedy PROPANE (af World Bank and I.M.F. ings in New Delhi Just was a body which could Hans available to sanaller iries en loser furms than tho
of the World Bank.
make ception of re-payment in ioent coun-currencies is implicitly based
1000 3007 000 210
Dupont de Nemours
Ostern Airline
Eastman Kodak
El Pano Natural Gas Family Finance Corp. Zuestine Tyre & Rubber
| Nat. City Bank Earl Tower Co. of Ca
Ford Motor
Brokers believe now there are enough oversold stocks in the 1st to form a good base for me covery.
They feel fome good news could spark on upturn Georgia Pacifie such as settlement of the long steel strice.
Today's volume was 3,010,000 shares,
Oru total, 1,216 issues traded
| 788 were higher and 233 lower,
American Exchange volume was 0,800,000 chores.
Bonds volume zmounted $940,000,
General Electric
General Dynamics
General Foods
General Motors
Gen. Pub Qui
Goodyear Tyze
Grumman Alrorati
Hammond
Interchemical Corp
Int'l Buudness Machines
77
248
3315
BAS
201
The Depressed State Of World Shipping
London, Sept. 23.
THE shipping bulletin of the Financial Times today examines the present depressed state of world shipping.
The elty
that
dally writes shipping, which relics entirely upon world prosperity is almost
nione among the major inder-New Deep-Water
uries in n stile of depression.
Nearly all other industries have
30% either roenvered or are well on Dock Berth
尘
their way to recovery from any
recession they have encounter-
ed in the past two years. {THE first ship to dock at
Imports and exports of most
THE
1 the ΠΟΥ countries are now running at a
According
10
deep-water
bigh level and ore increasing borth at the Palmer Hebburn while the volume of world in Works of Vickors-Armstrongs dustrial prostuction 14 Im(Shipbuilders) Ltd. was tho proving. latest United Nations economic Furness, Withy liner, Occan survey production in the Indus- Monarch, returning for on- trial countries by March this nual refit. The berth is part your was slightly higher than of the development schema the present recession peak, and
It ralimaler that output in 1930 at the yard which includes a 10 will be above the 1950 level.
of taking tankers of up to
37
48
20-WORLD TRADE
401 The primary exporting coun-
109
00
45
701
63
ZA
Gikiden Co.
den. Tyre & Rubber Getty 611
101
451
$5000 in 1,023 315 29300 14 3
Goodrid (D. F. CỬ
13
1,2011
20000 31
L
4.20
430
Gulf Of .......
3.10
to
2.03
5000643
Heyden New
Corp.
►
Homestake Mining Co.
2000 pr 3.05
Husman Refrg.
Dow-Jones closing
averages
Imperia? O
30 30!
Ingersoll-Rand
500 3915
were:
Island Stoel Co.
119
si00 a 18.30
30 industrials
024.02
20 rails
182.47
Invi Harvester
020 78.20 2800 18.30
13.0
Deelric
.. 74 10 24 20
271 @ 24.10 500 # 24.20 1625 26 27 200 / 24 20
201
International Paper
02,00
Comer. future price index
14829
2014
4832
10.00
30 2100 @ 30
H
01
* 30%
lggel! & Meyers Tub, Co
Lily Tullp
61
631 growth
in due course to a resumption of
36 30%
2000 35 5000 30 1700 30
351
Litton Ind.
100
Lockheed Aircraft
2056
Allled Mille Ind
100
Loews torony.
The city daily adds "the" im-
12.15 1.70
1.75 1000
1,725
Allis Chalmers
34
Lone Star Cement Co.
Am. Brake Slice
46
Lowenstein &
Sons.
American Airline
20
| McDermatt J. Ray
10.40
10 1000
10.00
Am. Cable & Radio Corp.
8
McDonnell Aircraft
American Cyanamid Ċo,
542
Menact Iron Car
Am. & Fonin. Power
10
Minnesota Mining
48
Mirien Development
1341
Moninto Chemical Co.
B54
Montgomery Ward
23
Macao E, on the vague theory that every Telephone 23.0 under-developed country's anan- |eful problem Is a problem of INDUSTRIALS The resultant brainchild was foreign exchange transfer and Cement
Ere that no burden is imposed on it birth christened before International Development As-so long as re-payment is made | Rope sociation. The Initial capital in a currency
can be Moal i from would ruine
present speat only locally. But much STORES, ETC.
their of this derives from fallacious Delry ..... World Bank menabers,
should be better contributions being in propor- thinking. It
which
tion to their World Bank quotas, recognted by now that a de- Thus of the propused Inial mand on a country's resources Welson ... 19
ital of US$1.000 milion, the is a demand United States would rontribute bowover about $120 million and Britain monetary terms." about $50 million.
The attraction of this LDA.
nations would be its ismaBer
Geeks lost ground in a quiet Commonwealth
foreign bond market,
Rubbers continued yesterday's
Improvement and is trended
harder-UPI..
Closing Prices
Calledge and Bias Tranquez!
Comens A
Cassol A... Convozim
14.
Ika
Funding Lainn
Funding Stock
2701
Funding Lati
24-5-6
35% 1000-
Talks On
Trade Issues
London, Sept. 23.
Commonwealth The British Economic Consultative Council 1039/68 today supported proposals for closer links between the Eure- nis the pean Common Market projected seven-nation Euro- pets free trude arca, confer- ence sources reported et end of the two-day meeting.
conference, at- The Council tended by the Finance Ministers und of ten Common realth seven colonial countries, devoted most of the final session to dis- of European trade
Saviny 12, 195/07-26-7/10. Bayano 2140/70-£NS. Sarmin
1/75-TV..
Banks Barclay's Bark "A"
144 ord-60;
Chartered 11:261 DC.
kku-£5
Instrance
Union Insurance Canlon-£5%-
Aircraft and Motors
Motor Cara Ord-10 N.
Brit
Park Muter V6-70 Tlgd.
Breweries
Distillery Co--2014 Upl
Building med Maleitals
24 19
Con), Steel and Engineering Paberk + Wizenx
1,1d-47
CURSION
Issues.
An official statement
fos!
tonight
Associated Partland Cement-42 merely recorded that the con- ministerlat Pinelen Johon Anweintes Ont-ference-the
the Consultative meeting of Council-had ended; that it had Justed two days and was untier the chairmanship of the British Chancellor of this exchequer, Mr Derick Heathcoat Amriory;
PROPOSALS
*Vickers (44-279 458.
Food and Tobacco Birk American Tob. Co., 1.td- Imperial Tonere Co., Lid-585.
Miscellaneou Hosedman Marden Lid-2 410. Brilish Over Ltd. Ord-638. Canadian Pacifle_Bly—$475. Dundon Flubber Cu-244, Hungrong & China Gai--139. Imperial Chemical--421 7:44. Lyon & Co-75 10. Untiever LSIN. Paper Downler Paper Car Dril-_-346.
Tudio and Electrical Asanelated Flectricni-61 (1. Electrical & Musica)–230.
Codd.
Engine 204.
General
Shipping Indo-Clupa Blonu Nav Co. def Brd-30934,
10 Beam Navigation. det ord
Storea
Cicosi, Untuerenl
41darks & Spencer Liddle Jhd. Woolworth F. W. & Co−sts.
to the Sources close suld the Australian and New Zemand delegations, during the discussions, trode Eurupean
It
on it resources is expressed in
L. Crow...
23.85.
Such curament is fair even it
Kwong 5. M.
COTTONS
it is not constructive. But such Textile
cold-eyed approach is neces-
sary it anything lastingly con
HanyanK
20
מן
800 g 10 1000 18 PO
500 1000370
2006.0
1000 * 23.70 500 23.00
140
7.10 7.15 2000 a 7.10 2000 1.15 31.70 $1.00
truclive is to emerge. There INVESTMENTS has been loo often, in the past, ; int. XD
a tendency for the innate faults Allied
Invest.
ot auch international under- HK & FE laktings to be glossed over by a heady mixture of altruism und titusiasm,
The
That is not to say that finance problems of smaller countries can be ignored or a Kolution safely postponed. LDA. ny eventually be the answer to those problems but only after a great deal of serious and realistle work has been done on the basic idea-London Ex- press 'Service.
Yesterday's Closing
Exchange Rates
15 ques
3 stock#
40 bonds
Closing Prices
Abliibi Pwr. & Paper Alden Inc. Acy.
Altoms Steel Corp.
Allied Chemicala
Ait. Quo & Electric Am. Homo Prod, ... Am. Blach, & F'dry American Motal
Ain. Natural Gas
American Smelting Am. Sugar flet.
American Tel & Tel American Tob..
Anaeonia Cooper
Armon Steel
Armour....
Atlas Cons. Mining
43
2
International Nickel
Int'l Tel & Tel
Johns Manville Co.
Kaiser Industry
Kansas C. Power & Light
Kennecott Copper
Kimberly Clark
40tries are not yet so well placed.
0152
12412
now 850 ft. dry dock capable
35,000 tons doodweight.
With this new quay Palmers
I 1037 was a year of major ex- Hebburn have a river frontage aternal imbalance says the cur- of 2,000 ri.
The existing deep
605 vey, and 1958 a year of down-water quay soon will be broken ward adjustment, 1959 could be to make way for the entrance
year of levelling-out, leading of the new dry dock.
112
0012
4345
National Step
Corp.
po
New York Central
Nimonda Mines Ltd.
57
Norfolk & Western By.
D
North Arner. Aviation
Eialwin-Lima-lam.
“་
4.00
13,80
8.30 4.70 1000 @ 2.63
1400 12
Noelliwest Airlines (QlJ
33
Baltimore & Ohlo
421
Olin Mathieson
4011
Tank of Montreal (b)
Otis Elevators
70%
Beneficial Finance
24
Oxford Paper Co.
Bendix Aviation Corp.
0415
Pacific Gal ̃& Elre,
601
Benguet Cons
Pan American Airways
Bethlehem Steel
Paramount Pictures
42
Hoeing Airplane Barden (The) Tinysoughs Add Machine British Ainer. Oil
30
Parke Davis C
41
Co.
Pey J, C. Co.
107
Penn, Salt Co.
25
Pitney Bowes
3715
1'roctor & Gamble Co.
81%
40
Pittsburgh Plate Glant
Publicker Industries
40
Edit
Pure Oll .....
Halo Corporation
321
ad Corp, Pref.
40%
24
1.91. I. T. Financial Corp.
Republic Steel
Reynolds Metal
103
Royal Bank of Canada
Sears, Roebuck & Co.
47%
Shell Ol Co....
Sxini Reg. Puper
British Columbia Pwr. Calli. Packing Corp. Cana lk of Comm. Campbell Soup_Co. Canadian Paciße R. 12.59|| 1698 (5. 1.) Co.
5.20
Caf. Tractor. 20.00
Business was duelo In the local unofficial exchange
thin anarset morning at the following rates:
6.73 1.5. dollars (per 11) .................. Berling notes (per 41 15.04 Australian notes (per £11. Indonesian rupiah (per 1902 - Star ticels (per 100) Bingapore (stralia)
Cennese Comp.
COMMODITY PRICES
SUCAR
NEW YORK
Closing prices all in cents per
RUBBER
Spot: 31.35: Oct: 32.40; Dre; 33,37; March: 32.70: May: 32.07; July 32.27: Oct 30. 12: Der: 30.29.
SAO PAULO
All unquoted.
Raytheon
Kateway Stoera
Schenley Inc.
Scott Piper
Sinclair OIL
Smill, Cline &e Frenchi
Soccny Mobil Of
Solar Alfer aft
49%
an provides
04
40
Southeri Co. (The)
16
Southern National 4
Southern Hallway (Com.)
81
Standard Hranul
40
4216
0114
1142
4012
Standard Oil of Cat, Standard Out of Ind. Standard Di 01 N.J.
Star Co. of Cathete Sleep Rock Sterling Drug Co.
in their International REINFORCED
The new
the
behind the quay.
various currents required
2.87 buyers
2.49 bayern
2.40 buyers
COTTON
NEW YORK
Ciceing priced all in conta
33.00; Oel: 32.40: Dec: 31.31-33; March: 33.12; May:
July: 53.352; Oct: 30.59% Dec: 30.50.
NEW ORLEANS
FOREIGN EXCHANGE
NEW YORK · Closing rates
Canada England oncli
thofficial 30-day
90-day
New Zealand
Australia
South Africa
Hollar!
NORWAY
Other changed
New York
brumela Frankfurt
Ciceing prices all in cents Via
LONDON
Motorola Inc.
67% National Iscuit Co.
National Cash Reg. "A' National Dairy Prod.
701 National Lead
UB. Rufiber
2.20 U8. Amning
1.05 3/10
- 3004
2.0319
21600
2013
U.3. Stect
U.8. Etot 7 P.C. P.F. Warner Bros.
Waukesha Matora Westlagboure Air Brake Westinghouse Bectile Western Fran Tel. Co Weel Va, Pulp & Paper Winn-Dixie Stores
Woolworth (K. Wa Zemin adio
10414 trade,
2336
201
quay is approxi- plication is that with the primately 650 ft. long x 60 ft. wide
mary producing countries ex-
af parenting a revival in demand and is dredged to a depth of 30 1. below low water. It has been for the commodities-ores, wool, 1322ancat, sugar, grain etc this in designed to carry a 20-ton crane but has at present been equip- in sales is expanding ped with a 10-ton Stothert 1 their demand for manufactured Pitt electric travelling crane D8
42
crease
DOLS in
Be
goods from the, industriall with 130 L. working radius. 14 nations. Virtually all of this The deck of the quay is of rein. 2014 trille must be carried by, sea forced concrete and is 3 ft. thick The Financial Times con for the 36 ft. width nearest the imes the rise in tramp dreliit river which supports the travel. must be kept Ing crane. The balance on the rales, however,
perspective, They are still shore side is of beam and alab 311 only seven per cent above the construction. Services recesses very depressed level of a year are provided at 100 ft. centres and 11 per cent above the on the riverward side of the lowest paint reached during the outer crone rall to avald obe depression in Apell last year.
the struction to the travel of TODAY'S LEVELS
crane by the services when con- Bot by contrast, today's nected to the ships. The ser- levels are 83 per cent below vlece themselves run along the and unrealistic length of the quay on the front 34% the shortlived
boom posk reached during the tow of piles and comprise steam, Suez crisis and a more sensible fresh water, compressed air, bal- comparison-50 per cent under last water and fire services, ge- The average level of freight cess to these being oblained br a walkway beneath the quay ut during 1955 and 1958,
several points.
MOST ACTIVE STOCKS
Fow tromp ships are yet able
to earn in operating prot
which covers not only deprecia- SUBSTATION
723tion on the vessel-a substantial 3734 Bgure for new ships - but
a reasonable return
A new subslation has been
on the capital invested. It has constructed
47been estimated very roughly This houses 20ky witchgear and
that the general level of world transformers and is also equip
with switchgear, trans- freight rates would have to rise ped On further 20 to 30 per cent formers and retiflers to supply
before this could be achieved.
Nevertheless freight rates by ships moored alongside for
The welding and other operations, A have
moved upwards.
layapari store has also been 194 major question now is whether provided behind the quay. This the rise will continue and when comprises a steel framed build- an economic level of freights ing 210 ft. long x 00 It, wide 171% will be established.
The most active stocks today on Wall Street were as followWD! | Volume Stock
In Amer Mira
07300 GIGI OF
58,000 Studebaker-
Pak
40.700 Budebaker
PK WI 41.0mg NJ
10.000 Amor Tel 34200 Glen Akten 30 900 Com Pat
100 Lone Star Cement
Close Chenges
Agreed Merchant Rates
West German Dejutsebemarits, Maximum Beiling 721⁄2.
The survey adds "against this and is equipped with a 5-ton electric overhead travelling encouraging background, it is crane. difficult to reconelle some con- tradictory features. Firstly, nol
Monarch The Ocean
Vickers-Armstronge shipping combs by pany has yet gone on record as and launched at Naval Yard, being hopeful of an early re- Newcastle Upon Tyne on July of 13,750 covery in the Industry. In fact, 1930. She is a T It is still not uncommon for tons with accommodation for 440 new ship to be sent straight passengers in one class. She was for cruises from the shipyard to a laying- specially designed up berth, and, where possible from the Undied Staics and no cargo slip operators are fol- Jexpense
of retrench- į luxurious
детт
a policy
ORDER CANCELLED
Only last week the "Furness | Withyroup decided to cancel order for the Mediterraneat servicg of “Prince
o shipbuilding
subsidiary, and also
was spared to provide
S'pore-HK Jet
announced that the line was Service Envisaged
withdrawing its ships from the
US-Far East cargo routes.
Also, it recently became
Singapore, Sept. 23.
known that Anchor Line — a MALAYAN. Always
mubeldiary of United Monsac
is
Mtudying the possibility
- bad cold three vessels of operating jet airliners on half of a cargo feet to
foreign buyers. These ships, sold the airiino's Singapore to on a buyers market, Included Hongkong routo, it Anchor Line's newest vessel, and learned today.
the sale Is that
the line no longer has any' of
Top local executive of Qantas
Its own thips operating on ils and Bone, the two major shaZE= service to North America and holders of Malayan Altways, nta no replacements have been or- considering whether it would be dered.
economically sound to introduce The survey concludes, "the Comet IV on this highly com general belief among shipowners petitivo route.
Is that the rocosalon has passed
fts worst point, but thero · ·are
The airline rečetly decided to
Jew, however, who will forecast | introduce turbo-prop Viscounts
a worthwhile and sustained re- which will now serve Singapore,
"-- Molarp, Borneo, Thailand and
covery willin the next year",
Indonesia-UFI,
Rex
NEW YORK
rubber futures closing prices, all in cents per lb.:
Gept: 39.30; Nov: 31.30, Jon: 34.03: March: 2340; Alay: 31,00; July: 32.15; Sept: 32.45.
(Closing prices all in cruzeiro per 10101
Average price in U.S. at 14 derkely-Van Cany alghated spot marketa: not avait-
Sunshine Mining,
23
Webster Studebaker-Packard Corp.
bie
Total sales: 34,470. bates,
LIVERPOOL Closing prices all in per lb.:
Svett & C
Tech Co.
Textron Lic.
pence
Thickol Chem.
Tide Water Amın. Dit
American Contract
Time Inc.
T-Cont. Worrents
Oct/Nov. DeeJan.
21.64
21.00
Twandeth Century Fox Film
Union Carbide...
Malayan May/June
March/April
21.10
Unka Dil of Cal,
Untre Pacific Beltway
ក
July/Aug.
Oct/Nov.
Mixed Contract
Oct/Nov.
22.00
U.S. Foll£**
Dec Jan.
US. GYDALI ETİ
SINGAPORE Closing prices all in Straits cents per lb. fo.b. poris:
Unavailable.
LONDON
Closing prices all in pence
lb.:
Contract No. 4 (world)
Sept. Oil.
303
Jen.
Mar
3.13 3.10-11
May
3.12
July
Sept.
3.10
talks:
Oct.
- Cuba): 108 Total Sales: 300 contract, Open interest: 7,124 contracta. Contract No. (domestic)
per lb.
Sept.
Nov.
3.70
No. 1. Res spot
25-351
Mar.
1,60
Bettlement house term:
over
this
May
4.03
Oct/Dec.
Shotel. NY, ex-
duty Total sale: 10 contrecta
Jan Mareli
6.00
April/June
2516 1915
20-231
Oct/Dec
Out
Nov
Tetate crepe
thin Oct.
thick Det
had put forward proposals that there should be greater Coin-
consultation monwealth
frum problems arising formation of the "outer Beven" countries of the European tree trade arca and the European u common anarket.
Both delegations, it was sald, Stores "A"-434 had propozod a concerted Com-
monwealth approach aimed at i "bridging the gup" between the two trading blocs.
Acconiing to one source both
felt that their b
producty exports
Textiles
Coats JP LAG= 33. Courtauld Ltdmass Adu
Anglo-American Coth of Aguth | dominions
Goldacids of South Africagricultural
62, 1040.
The Beern def-170% 710. Free State Development & Invest- inenter Dd.
Hongkong Tirs—da 75%. Telaling Till-06 4150. Souten Kints Comp Ltd 263 30.
Corp01 1130.
West Driefontein Goldmining-1704. West Rand Cunn-12, 34%
British Bosco Petroleum Syndi- Ca1bd C
Drius Petroleum
Co
Li3-321
Dd.
"Durma) 188,
Royal Dutch Petroleum-£10,
-Reuter.
Bhell Transport & Trading-1435.
in particular would be hurt by
the formation two blocs.
The conference supported the proposal for greater Common- wealth consultation on the Europena trado issues.
Britain has kept the Commonwealth
Opon interest: 1,427 contraclam
METALS
NEW YORK
July/Repl
General markele, c.lf, basis, ports:
20%-201
2011-201
341%
MSTERDAM
Closing prices all in guilders
per kilogram, clf. Oct.
No. 1 rubber
No. 2 rubber
Closing prices, all in cents per
No, I rukbar
No. 1 crepe
Lead Sept
11.10
Oct.
Bent
Och
10.51
Copper Sept.
2760-83
Oci
0147
Tur Bept.
LONDON Closing prices, all in sterling other countries in per long ton,
Tin opt
touch with the negotiations for the establishment of a European 3-men lit free trade area and the United Copose apot
3-month Kingdom delegation today as Lead and half sept sured the conference that they {wouki con
to be informed Zine zad half grot. of developments--Reutor.
་་
ועל
2.80 buyers
UPI
March/Apell May/Jutic July/Aux. Oct/Nov.
Closing rates:
Montreal
مين
Buyers: Geilorm
2013
троци
per ib.
2011
Bpat
227
2.91:
0014
no
| J'aris
Blockban Milan
0014
Fürich
21.49
2.0060
2013
1000
7405
United Ahersfi
United Fruit
United Gas Corp.
chairman of a
lowing ment.
PARA
Line", a
AZ
13
141 up%
up
the result of
up 15
7016
---
up.X
Both unch
20% p 15
AFP.
WAS
comfort for passen-
Was