Page
✨ THE CHINA MAIL, WEDNESDAY, SEPTEMBER 30, 1959.
IF THE SOCIALISTS WIN
London
Can Britain's
HONGKONG N.Y. Stages A
Closes Economy Stand STOCK
Up To Promises? EXCHANGE
Firm
London, Sept. 29,
The stock market closedį. mostly today on Bght
trading as most of the recent small selling dried! up.
Steel stocks came into de- mund and closed with galna extending to more than Two shillings. Most of the Li chups inished better including,!
By Our Economic Correspondont
1
London, Sept. 29.
Mr Hugh Gaitskel took first class honours in philosophy, polities and economics at Oxford. He has been head of the Department of Poli- tien! Economy at the University College, London, and Reader in Political Economy at the London University.
"Business done at the Hong-
kong Stock Exchange this morn- ng bincunted to approximately the morning's transactions:
snares ANISH
$1,281,000. Noon quotations and
Buyers Hulises
JK Penk. 935 REJ
'Haler
40952.50 20 995
INSURANCES Union Lerhard
02 2350 m 1 4119
25.10
9.00
4,43
In brief he is an economist. still be committed to a costly Fords, 121, Bowaters. Unlever And a brilliant one. It is all programme of improved educa- and Brush Oxygen. Tobaccos the more difficult therefore totion, abolition of health service Burring and brewering were also bn-
reconeile Gaitskell the economist charges, restoration housing Waterbost proved,
with Gnistrisell the father of subsidies and provision uf: Wheelock.. Gold stacks, however, eased. "Britain Belongs to You," the cheaper money for housing pur- Coppers also moved tower. Socialist Party's general election poses, improvement of roads and
Oils were mixed
The manifesto, but
development of buckward terri- leaders were firm on balance,
If we are to take seriously the tories to pledged ane per ceni Gilt-elped securing rallied golden
of Brita of national Income). promises
Creditable estimates put the from a weak opening to regain elongs to You" it is impossible
to see how Britab could hope; additional cast
uilting nost or the lost grnand.-ÜPI
toy major economic crisis Socialist promises
£1,000 within #1 Fow mouths of a million a year. Socialist Government taking Where is the money to come over at Westminster.
from? From increased taxes. Oh no way the Socialists. That is a wicked Tory Be.
Closing Prices
edes tends
El Traspor
G
Console 2:
Carat 46 1724
5-15/16
Cultenden 12
1
a". 1930YRS
453-13/16.
X4
Funding Qu
RJ-1/10
Furling Sl.M-k
70%
Fundin
tsant
091
1/1
BAVINES 3. 1935/45--CP0-7/10
Bank
Saving 165/75 £75. Bavings Barclay's Hork "A" LI$ md -50% Chartered Bank 46%.
Insurance
Union Eurance Canton – £5
Airerait and Motors
Ord-164 aa.
British Motor Corp Fuld Mater Co-md.
Brewerien
Disilliers Co-2 and
Muiding and Materials Astuciated Portland
MJ.
Cement--624
*Pinekļi Zoliraon Associates Ord--
10.
Cost, Meel and Engineering
Babeoric & Wilcox tld -46 71a.
Vickers Id--27 4ąd.
Food and Tubacen
British American Tob Co., Ltd Dia 10
(imperial Tobacco CA, LA --5,35
Miscellaneous
Elastan.on Marden Ltd- 21. British) Daypen Lid. Orl-15k 08. Canadian Pacifie Rly-$4R2- Dunlop Rerber Co~234 7lja, Hongkong. & China G1--13. fuperial Chemies1-448 1940. LYDIN & Com15 114, Unilever et fid.
Paper Bowater Paper Corp Ord --514,
Radio and Eleefticat Associated Klectricni--104. Electrical & Musical-52 1d. English, Electric Co-2 d. General Elettle-30 D
Shipping
Steam Nay. Co. Bef
Steam Navigation def ord
ord-201 D.
-37.
Stores
No Doubt
Many believe there can be no doub of the rifeet a Seclast victory would have upon foreign invadors in Britain.
Until now They have resisted the lure of high interest rates in America because they are confident of a Conservative ciection victory. But is clear enough that their
evaporate at confidence would
CITY LIGHTS
"These baby cars, gentle- TINTI, TUTI On a minimum of
*Petrol i*
Landon Azprons Jerolim
The moment a Socialist victory
was announced.
The drain on Britain's gold would be
and collar reserves tremendous.
he has im- ATL
Gaitskell the Economist must know this. And yet rest Universal Stores "Apledged his Party to Marks & Spencer 14d-824. mediate increase of ten shillings Woolworth, F.
a week in old age pensions, The rest would be an estimated
£200 milion a year.
2010.
*TextHer
Crate J & P 14d-30s 11,d.' Ceuttaidr 1,104 110.
Mines
Ce-Beas
Anglo-Americati Corp of South Arza-1979 _64.
01 71.
Cons Golfelde of South Africa Coma. Zatte Corp. Ord-643. De Beers del-3704 Zlad. Free State Development & Invest-
INEN-84 91.
Jongkond Tin---1« 71⁄2d.
Petit Ta
Jane-10 04.
Southern Kiola Cong List -25%. Valen Corp-Bay, Alt
British Homes Petroleum Syndi patanju slyd..
British Pewaleun
ເປ
Etural.
Co. Ltd-55,
of
A1
The money will come from two sources From "planned ex- pansion" and by changing the tax system
"to deal with lax dodgers and
limit tax-free benefits."
40%
116033
1000 8.33 4000 1.40 |
4000
Page 9-
Fair Advance Drawbacks To Gas
New York, Sept. 29.
The stock market staged a broad advance today in
moderately active trading.
Molors and gleeis were Getty Ou
prominent
to two poin
in tite 1st with Gidden Co.
Gurich (B.F.) Co. ine leaders ruting up goins Goodyear Tyr
bolter, Some Grummen Anterativ of the other groups, electronics, Guil Oil
Hand Organ.. chemicals and rails were firm, Heyden Newport Corp. on balance.
Tomorrow's top level steel talks continued to dominate the
Separato preceedings.
Hiran Walker .......
Honetake Maning Cu.
Histamien Refrig. idaho Power
While | Imperial Off
House conferences with leaders of beth sides of the dispute are reen as holding the key to an carly ettlement.
Brokers hold there's nothing wrong with the current market that an end to the steel walkou!
1000 2 0 45 | couldn't etære.
100155
DOCKS, ETŰ K. Wharf.. 107 Dock
47.75 13.70 11,90 Provident.. Talkoo Block 314 33.73
··
8504
40000
Closing Prices
Abiti Pwr.
& Paper Alden Ine. Acy Algona Steel Corp.
Alted Chemicals
LAND, ETC. HK w 2030 20.40 1250 +39.39, Ailled Ma, Inc.
300 239, A86 Chahiner
NK Lard
Humphrey Stealty RUBBER Amalg
3 20.70 3100 361 Am. Brake Shoe
17 17.80 500 170 ́American Airline
1.425 1.05
American Cable
A "Pinn Cyanamid Co.
3.50 100 24.75 Amer. Yorgn. Power
555 $.50 Am Que & 17305 « 34.75; Am.
5030
20000
Trust
Home Produc 350 Am. Mach, & F'dry. 350 American Melal
Am. Natural Gan American Smelling Am. Sugar Ret, Ameriga Tel & Tel American Tob.
ל
Ingersoll Rand
Inland Steel Co. Interchannel Corp. int'l sinem Machines Int'l Harvester International Nickel International Int'l Tel.
Johns Manville Ce.
MeDonnell Alterati
33
Turbines In Modern Shipping
THE gas turbine engine, which has had an over
whelmingly successful application as the power plant for aircraft, is not likely to prove as economic for, merchant ships as the steam turbine or the diesel.
This is the main conclusion
10 be drawn from Shell's ex-
periment with the 12,000 ton Comfort In New
tonker Auris.
wh leath was
A motor ship 1:
1948 and was later atted with Dutch Liner
h.p. для turbine,
designed And util by the
British Thomson-Houston Com-THE
DOW
£13 million Holland-America linar,
the Rotterdam, which is on
The first tanker to be power-her meiden voyage provides ed entirely by a gas turblie, the a standard of passenger ac- Auris has just completed her ses commodation interior design which other lines оп tho routo - in-
Ramos C. Power & Light
40
Kennecott Copper
122)
Timberly Clark
Luge & Myers Doh, De.
*********
641
DO
Lily Tulip
531%
37
on ‘Ind.
110
Lockheed Aircraft
201
balit
1134
Loows theorp.....
2911
Lone Star Cement Co.
2014
36
Lowenstein & Sun.
a 5,500
5074
McDormisit J. Hay
21
Radio
Mesabit Iron Corp.
341
Mesta Mining
FAITH
30%
10
Milion Development Mufana Brewery
21
pany in conjunction with Cam- mell-Laird.
47):
1071
Alonsanto Chemical Co.
Montgomery Ward
BO
National Discut Co,
2392
National Cash Reg. "A"
STIL
441
National Dairy Prod.
tripis.
JU
National Lead....
70%
04
New York Central
National Bacel Corp.
115
2094
Nora Mines Lid.
4014
7812
Norfolk & Wertern Ny.
that inure
312
North Amer. Aviation
માં
gained of
The
231
Northwest Airlines (Com)
1011
Olin Matticmon....
Ous Elevatory
71xd
432
Owen-illinals Glum
24
50:56
Oxford Paper Co.
INDUSTRIALS Cemet ... 05
STONES, EK Daly's
Watron
38 2000
100
23.75
600 29.701 Bank of Nuva Scoti
Bench Life Savers Bell Telephone
Putifle Gas & Elec.
Pan American Airways
4041
15.73 | Belelical Finance
Paramoultetures
བ་
Patke Davis Co.
432%
| Detušix Aviation Corp.
0721
18.60 18.00 3000 300 19.50 20 700 23.40 23.70 1100
15.70
10.30
Itenguet Cons
Bethirhem Steel
Peral. Salt Co
Perity J. C. to,
1049)
ST
Philip Morris
10.70
Boeing Airplane
30?
Pilar BowŁS
23%
Bordell rel Co.
773
Procter & Gamble Co
023
1000
231
Piübürgh Piote Glans
பூர்
Amer. Oil
3
37%
Publicker Industries
1917 Radio Corp. Pref.
30.23 3019 400 m 29.90 800 30 25
Tran
Star Ferry Yawnal C. Light
131 133 115 120 17.00
10 18 1500 18
A Tawa 4.275 In particular say the Socialists they
wil "deal
the UTILITIES with businessinan's expense account. rachel and tax-free comperisa- tion paid to directors on loss of offer....tax huge capital gains made on the stock exchange Electric and elsewhere....block ather toopholes in the tax low includ- ing those which lead to the avoidance of death duties and surtax."
Co-operation
ex-
What about "planned pansion?" Having whirled their bludgeons around the heads of the business community, the Socialista confess that this ill- defined "planted expansion" needs "the full "Co-operation of the private sector of industry," And then with possible reserves crisis an exerutiatingly expensivo program to fuifti
Anaconda Copper
Anco Sirel
Armour
Asbestos Corp...
Attas Cons. Mining
... 23.80 24 1009 » 23.99, Batwin-Lima-Ham.
12.00
127412 | Baltimoré ♣ Okilo Tel. 20.00 20.00 2000 2971 Bank of Montreal
1 Craw
CYYTTONS Textilea Nanyang INVESTMENTS
Allied
K & FE Livest
31.05. ** 11.70 31.0
4.30
11.00
4.70 GOO d
4.30
un exasperated business Agreed Merchant
com-
munity (whose full co-operation is nevertheless essential to the success) the Socialists pop the final succulent cherry on top of
thin frightening economic con-
fection a workers charter.
This
the Socialists
charter in the words of manifesto would "raise
citáty the
the ol wage-carner and extend privi- teges such as sickness pay al rendy provided for most solaried employees.
Having read "Britain Belongs to You" who can blame those who have turned to their "Who's of Mr Hugh Gaitskel! and assuro Who" to check the qual@@cations
themselves that the man who lends his blessing and authority to such a document is indeed the Hugh Gaitskell, the brilliant
It would be political suicide to try to stall petisioners, In view or the promise In "Britain Belongs to You":"Our emer gency plan for tackling this problem
is to raise the basic pension and other social security economist? benefits at once from £2 105*tó
£3 a week; and their purchas- ing power will be maintained by jan halomatle Increase to cover any rise in prices that may have takes place in the previous year,"
. In
this dilemna-doubtless exacerbated by a round of wage
Roval Dutch Petroleum-claims looming on the horizon-
ia Socinilst Government - would
Shell Transport & Timing −11.
-Bleuler,
Bid To Abolish
Restrictions On
Dollar Imports
Washington, Sept. 29.
Yesterday's Closing
Rates
Canadian Dollars: Maximum Selling 18% Minimum Buying 16% T.T., 10-11/18 O.D.; Bel- glan Franes. Maxiram Selling BC4.
Exchange Rates
Burroughs Add Machine
Columbia wr Calif. PnekEM Carzy Gima. Bk of Corna. Campbell Soup Co Comedian Pacific R Case (2. 1.) Co. Cat. Tretor
Celenein Cory
C. I. T. Financial Curu.
Chase Manhot, Barik
Chrysler Molon Cute!! Pesbody
Colgate-Palpalive Co. Columbian Cerbon Cu. Commentrelal Credit Convilldaled Edison Consolidated Paper Consumers Ga
Continenta Oil of Del. Crise **** Crown Zelterben Diamond Alkal Diamonet Gard Distillers-SeERTAIS Dominion Stree Dousing Aircraft Dow Chemical Dupont de Nemours Easter Alr. Line
Eneman Kodak
Natural Ga Famdy, Finance Corp. Firestone Tyre & Rubber was done in the jocal] Firm Nal, City Bank unmetal
market this Ford Meter.... exenwage morning at the following rates:- Galinemu Power
B
us. dollars (per $3} Sterling notre (per £3) Australian notes (per 41) Indonesian rupiah iper 1001
Sam teala (per 100) Singapore (Stralis)
Georgia Pselle
5.74 General Dynomies 15.99 General Electric
Nacio, Corporation
CU's Fasthen
4134 Republic St
31
Royal Back of Condu
3 Beurs, thebuck & Co.
It is hoped that she will be trans-Atlantic used for four years' trading. so cluding Cunard will find
experience may be
new
type of difficult to surpass in the machinery. Several larger new liners they are building tankers in Shell's feet are laid or planning.
up, and summe of 30,000 to: size
This 28,650 gross tons vessel 402% or larger are working at half-is a concrete illustration of the 01% speed.
attitude, of one school of line: operators lowerds the sea-pir battle in the Atlantic.
B.1
40
Shett On 00.....
742%
լէ
Sell Reg. Puper
Schenley Ince.
4112 150%
Scott Paper
01TM
Sinclair Oil
Smith. 16ine & French
6012
481
Sucony Mobil Ou
42%
60
12
Soler Aircraft
38
South: Puerto Rico Sugar
20
Southern Co. (The)
43
Southern Natural Gas
*
Southern Rathway (Com.)
56
Standard Brends
0112
Standard Oil of Cal
10%
Standard D of Ind.
42
Standard Oil at NJ.
4921
12/2
441%
Sterling Drug Co.
De
Stokely Van Camp
Blone & Webster'
38
BT
29
Swin & Co.
Bandite Mining
30
Texas Ca.
12
Textron Ine.
301
Tune Ine
45
Trader France
475
717
Stery Bock
Studebaker-Packard Corp.
82%diskol Chem
Tide Woler Of
Tri-Cont. WarmaİS
Twentieth Century Fox Film
951 Union Carbide
12.54
General Foods
4.50 General Motors
10
181 Cen. Tyre & Rubber
66%
20.00 G. Pub, Uth.
COMMODITY PRICES
LONDON
Closing prices all in pence
SUCARper 1b.
NEW YORK Closing prices all in
METALS
NEW YORK
Union :) of Cl
2012: Tinion seife Hallway
Closing prices, all in cents per
1129
11.30
20.40
30.24
101.00
101.00
United Aircraft
Lailed Frull
United Gas Corp.
1.5. Toll
ELS. Gypsum
19. Line Co.
US. Rubber
15. Smelting
5. Steel
US. Steel PC. PE Warner Dro
Waukest tolor Westinghouse Air Brake Westinghouse Electric Western Union Tel. Ca. West Va. Pulp & Paper Winn-Dixle Stores Woolworth (K, W.) Zenith Radle
ADVANTAGES
The Holland-America Line has decided not to compete in the "prestige battle" for speed, which is developing te tween the Atluntle lines of other
greater
The advantages of the gas turbine are its lightness, simpli city and low maintenance costs, But these are offset by its high capital cost, and Shell does not intend Lo instal aimilarations and for which they are
demanding machinery in any other ships.
governmental sup- port.
ля
A more promising future is Holding the view that the who wishes to cross predicted for the new hydraulic traveller
#yster in transmission
the the Atlantic D3 quickly Auria. Designed by the possible will go by air, this Pametrade Research organisa Dutch line has bullt £ ship tion of the Beltish shipbuilding which has a moderate
servico Industry, It is claimed to be speed-about 20.8 knots, against considerably cheaper and more the 30 knots esatemplated for efficient than any of the systems the new Queen Mary place currently in use.
SPACE SAVING
mmt,
The experience of the Auris,
The immense saving in engine- and of similar experimenta carried out in the United States, room space resulting from this
decision Has permitted suggests that the gas turbine la Holland-America Line to design
use in
the
not suitable for conventional
a vessel half the size of the merchant ships. It may, how-
nuclear-queen Mary replacement at half 564ever, find a 10% powered ships or as the power the cast but carrying three- quarters the number of the "new plant for methane carriers.
Queen Mary" -- nearly 1,500, against 2,000-In spacious com fort.
43%
Germans Plan
Atomic Tanker
Broman, Sept. 29. 17EST Germany will soon have а tunkor
In return for a more leisurely method of travel--perhaps six to seven days between Southamp- ton and New York, compared with dive days in the present Queens and the contemplated replacement — the Rotterdam offers the most comfortable no commodation in both first and tourist. classes which has yet
equipped with an atomic re been provided in any liner.
301
21
W
96
07%
30
6024
20
140
40
202
A handsome actor as its engine, a West Gorman shipping firm
103nounced today.
1:06
30-44
an-
ship internally is the the Rotterdam
biggest Atlantic vessel to be built- except the subsidised vessel, the the war.
A spokesman for the Arm, a United Staten-since private shipping corporation northern made up or four 404 coastal German states, said that research and preparation on the project had been underway for
43
60%
06
~UMI
Rubber Market
Singapore, Sept. 29.
over a year.
He said that sufficient pro- gress has been made to permit an atomic the installation of reactor in a tanker, DEVELOPMENTS
Shipping experts said that come new developments in the on atomie reactor building of for
coanercial ship had evidently been made.
that the reactors They said used in the American atomic
No. 1 apot
341-341%
Bettlement nouse Leria:
Oct.Dec.
2914-10
Jan./Marca
2915-201
Apri/Juge
2311-281
July/Sepi.
cents Oct/Dec.
2016-201 2774-28
15.4
per lb.:
Contract No. 4 (world)
Oct. Jan.
tilele Del.
General markets, c.l.f. basta, ports: Oel.
Lend 2012-201 Nov
20-249 Este crepe thin det,
24
zire 341
Oct. Des
Dec.
March
Copper Oct.
AMSTERDAM
May
July
Tin
Sept.
OCL
LONDON
Total Sales: 45 contracts.
Open interest: 7.181, contraele.
Contract No. 0 {domestio}"
Buyer Sellers
Tin
Spot
Sept. Nov. Marcis
5.08
3-month
1.00
Copper
Spot
70
22735
70315 2012
2774
Spot C... N.V. ex-duty! · Tatar Sara: 241 Contracts.
0.00
34nonth
tions with consequent la- tions-UPI.
Lood. 2nd bal? Sept.
6013
Open interest: 1,6 contracts.—
UP
NEW YORK Closing prices all in cents per Zing 2nd half Sept.
Dec.
71
7102
851
mand for spot negligible.
Dec.
#3
醇验
lb.:
--- UPI.
The United States and Canada today strongly Set-Lob. Cuba)
urged other economically advanced countries
MT
to abolish all remaining discriminatory restric- tions on dollar imports,
achieved
Robert Autersan, the countries, and in spite of the United States Secretary or the substantial progreso Treasury, speaking at, the an over the years in reducing nual meeting of the Interna- trade barriers, many, trade res
lonal Monetary Fund here said trictions remain, frequently of they had been a very substan-jan
openly discriminatory
tial improvement in the balance charmeter.
of payments position
inthetrial countries.
NO REASON
Ho declared:
<" n
of other DISCRIMINATION
"Discriminatiome
hag
beety particularly....directed against the dollar countries"
our view, Mr Fleming added: "There is
RUBBER
N
NEW YORK Rex rubber futures closing
the countries which no longer no longer any, balance of pay- muffer from inconvertibility in monte Justinention for discrimi- prices, all in conta per lbs their current International
TC-nation, and we are very strong.
NOV.
Manch May
July
Nov.
34.10
35.00
33.18
ceipts do not have any balance by of the opinion that the fund of payments justification for dis should take early netion to re criminators restrictions that gister this fact and strge its is, there is no reason for there members to remove swiftly this countries to favour imports from unhappy relle of the past." noa-dollar countries over those
He warmly endbroed the
"SINGAPORE from dollar countries."
Closing pricca all in Straits views expressed yesterday. by the Minmaging Director or the cents per 1. fob.
that ports:
Donald Flemingt
Canadian Financo Minister, Tund, Mr Per Jacolon, with great emphasis told the the continuation of discrimina No. 1 Det delegates of 40 countries attend-Bon, when it was no longer jus- No, a dut ing the mesting "In spite of the lifted for balance of payments No. enormous improvement that has rousons, acted as a strona Arri- No occurred. In the International tant Ekoly to bodevil comenteelal pet rubber unbalad
Blanket crop anincial position of `angray; } relatkozm---Beter,
No. 1 pelo izebe
Closing prices all in guilder per kilogram, elf. Oct.-Un- available.-UPI,
COTTON
Bpot: 19.90: Oct: #243; Dec: 12.22: Maen: KOST: May: 287) July: 3117; Oct: 30.53: De: 50.31; March: 30.43.
NEW ORLEANS
Closing prices all in cents per 1.:-
Spot: 31.35; Oct: 3954: Dec: 32.20 March: 21.03; Mar: 32.84: July: 32,20;. Oct: 3031; Doc; 30.20; March; 39.42.
SAO PAULO
Unavailable..
I
Total sales: 61,300 bules.
LIVERPOOL.
Closing prices all in pence
Closing prices, all in sterling The market was up at the per long ton.:
TORPION EXCHANGE
NEW YORK Closing rates: Canada England unofficial
Others uncharted).
LONDON Closing rates: New York Montreal
Malayan { per · 16.:
Amsterdam
10491-1991)
1009-1015
American Contract Oct/Nor: 318 Decian: 11:10: March/April; EUR; MRZNng; 1987,
Band Atmed Dentenab-
Oct/Nov: #10 Dec/Jen: - 29.08; Maron/Aprili 150; May/Juna: 2130: 2017: ELT:; Oct/Nov: 21.03. ---
Copenhagen
nkfurt
caus Paria Blockholm MILAN VIGHTE Zurich
7.091
opening and advanced on fair buying interest with sellers reserve main in- terest in October, posi-]
creases in premium de-
submarines and the new henvy
cruiser Long Beach were very powerful but too expensiva for commercial shipping opera-
Lower shoel Interest was fair U.S. Tankers
but selective with factories
quiet.
She is completely-air-condition- ed and the designets have had 10 use their ingenuity to differen- tiate between. the first and tourist classes in the vessel.
Basically there is little dif- ference between the standard of A comfort in the two classes. radical departure in ship layout is the allowance of run-of-the- deck facilities to both tourist and first-class passengers.
This is achieved by making the Rotterdam. layo "horizontal" rather than over- teel" in in all other large liners where first-class la located for- ward and amidshipa, while other classes are in the after sections.
Hydrodynamic Research
RESEARCH unit copable A RESEARCng water
speeds up to 100 knots is to be used to test an 80-ton,
The market further advanced WITHIN five years the 30-knot experimental in the afternoon on fair buying
United States tanker vehicle now under dovalop. tho Maritime on some No. 1 Ray and lower fleet, which after the Second ment cheet enquiry both
from
for
of the the World War was the largest Administration continent and some American in the world and at the and United States. Enders which found sellers very of 1958 the second largest ployed in testing underwater Subsequently, it will be em-
reserved.
October No. 1 Res was in de may drop to fourth place misiler, high speed hydrofoil mand and premium widened to bohind Norway, Britain and hull designs for
trade-
portation and lowed aatl- submarine sonor gear. This is suggested in the The 'device consists of a cir- annual tenker study prepared by cular lank which is electrically A
215 cents,
Liberia.
2.00-2,4131
In New York, the rex rubber futures today closed 10 to points higher with sales of 21 contracts.
65
Just about half of the business centred is
2.80 3/16-3.00 5/10- 2.64 13-1.05, 0/10 10,6196-19.07K
11,234-11.7ENT
16.4912-16,497%
the Sun оц Company In related to accelerate water. Philadelphia. The study fore- | hydraulle transmisilon permits casts that by 1083 Liberia will | regulation of water spredi. The the spot month, continue to hold the largest unit els expected, to fiellitate where profit-taking by specula- tanker Deet in the world, na she developingut of hydrofoil hulle Live Interests whittled down has done for the last two years, and underwater, devlees by pc-. earlier extreme gains,
and-Britain, now holding the curately determining - desirablo
In London, the rubber market | fourth largest feet, is expreted characteristics. Developed by was steady with spot quoted
one-fourth up at 34% pence.——
UPL
to move rito second place. Nec- | Grumman Aircraft Engineering way is expected to remain in Corp., of Bethpage, L., Naw third pulition.
York, U.3.A.
4