Paze
THE CHINA MAIL TUESDAY, SEPTEMBER 27, 1960,
U.S. GOLD RESERVE LOSS
Economy reacts grimly to spending plans
London, Sept: 26.
HONGKONG WALL STREET SUFFERS
STOCK EXCHANGE
Dur Qan Cours spandent
proximately
др- Noon
ANOTHER BIG SETBACK
New York, Sept. 26.
| The stock market took another hard tumble in heavy trading today.
The market was lower and Business done at the Hung- | kotig Stock Exchange this native at the opening following Friday's tall. It turned sharply to amounted morning
lower around noon and cor- $1,010,000. quotations and this morning's
tinue to sell off in early after- numb trading. Prices steadied transactions:
somewhat in mid afternoon, then 170 1100 resumed their decline going into
the final half hgur.
Stres
Despite Germany's forbearance and the continued sensitivity of some other big dollar holding countries towards burting Washington's feelings, last week's United States gold loss of $136 million rivalled the worst week on record—the week before the Now York bond market panic in June, vident 1958.
weaknesses
The
Buyers Sellers
1170 1140
د را خاملة
Naick
301175
20.90| HI
ticker
A sight recovery movement. accompanied by a inte Tape, put
some stocks above their lows for the day at the close.
SHARP SETBACK
100 +421
Lutward Ussion
13
300 941
Wheelat
waterbuat Deck
25.70
商
1.05
104
2001
105
2000
105
400
KIS
21 2120
500
1500
BK Hote
1 Land
171 190
BIL SER
20 23.20
7000 e 23.12
100 23.20
Mot
1000 or 23,30 | few
200
20.10 28.20
If Germany, in save herself, cal and structural from D-mark resaluation, ever are interacting. The weakness matt
Trai had to end thal fortkrance, or hard
ominously, Light goods is Dif: spreading to the soft good's
which have hitherto been
support. Unemployment Electric grond
b2. has some deep troubles. Cycli-and personal incomes are
havlig ominously in total and worse in detail,
she could probably toucir some sort of dollar panle.
The United Stules
economy
LONDON STOCKS LOWER
London, Sept. 26.
Grim
Telephone Ex. 121,
The plans and starts which foreshadow future
spending Coment and output are reacting grimly.
Dairy Farmı Many of
strengthening; Watson the factors seem to have shut their Texille
Nanyang bolt,
A Rubber
3100 B
13047
120 @ 31%
It was the markel's sharpest setback since Just Monday and all the major markel' indicators were at a new low for the year, and
for several
nearly years.
losses ranged from cents
Alled Chemicala
Allied Mill tc.
Allis Chalmer
Art, Brake Shoe American Airline
American Cable & Radio Cop Amertown Cynnamid Co. A, C 3 Electric Am. Home Prod Am Mact, & y dry,
American Matal Am Natal Ca American Sing Au, Sugar Ref
American Tel & Tel American Tob
Auck
Anaconda, Copper Armee Steel Amour
Asbestos Corp.
Atlas Cons Mining Hejwin-Lita-Inen.
Baltimore & Onio
47 [ram Walker
35% Homeslake Bfintag
24% Human Rettig.
Idaho Power
19 - Imperiai Oll
291
BT
Imperial Taboccu
4045 Ingersoll-band
243) jinland Steel, Co.
1 Interchemical Corp,
193 PM Business Mäckines
21
53
Int Harvester
International Nickel
International Paper
20% Tm1 Tri de Te.
10
13ohm-Maxville Co
50% Kalmer Industies
24
HATS C. Power & Light
44 Ketecolt Copper
584 Kimberly Clark
301% Liggett & Myers Tub. Co.
rent
25
Fly Tullp
Lockheed Aireraft
12
27
Low p
two
Bank of Nova Beolla
01
Bed Life Bayers
14
Bell Telephone
40
A
to around threo
29.10 dollars a share, but there were
wider
trong
2.1 much
Josses
VG 30.10 3204
20028.201 klghur qiriced and more specula
tive issues.
3414 34% 1008 21 3414
The decline was on a broad front that affected most, major categories, Steels and chemicals herch
Josses. Rubber, motors,
ralis, utilities; petro- leums, drug, coppers, tobaccos, materials joined
severe
140 and bulking
20041%
200 or 2435
500
56
100 55% 10005512
2012 20.00 21,50
8.30 $500 014
14,10 14.30
40s
JUNO 6
0
2000 $
40000
100033
7.50
Titik Dock 13
354 $2
G
41ict Humphreys 21.90 have Realty ...
SKODE 1 231
0250 1,80
5000
1,00
1000
1,00
This may apply to the Federal Reserve's easy money pality.
The present condition of the rat dollar limits its supply of re- fintionary
ammunition,
most of it may already heen. useci,
טן.
14.50 14.03 rates, Gos
Low New York money restrain the European rates Minus marks spread through on going still higher but the the industrial lists from Latter virtually veto the United the outset and after early States rates from going still
is doubtful whe- drifting. many
stocks lower and it
ther they Have gone tow enough closed at the lowest.
to due reflationary trick. Britain's balance of payments
Things may be better than deficit, competition fur
i is no longer true they look. money by industry through
that when the United Stutes flood of rights offers and new
Európe entebes Issues together with Untied Notions arguments caused buyers to hold fire during the unselled session.
231245
Rolls Royce was an exception. gaining 25 3d to end at 43/4 in än otherwise depressed malors section. Tobaccos ensed with stures and breweries.
Gill-edged ran against the trend and earned on qulet in- vestment demand. Greeks were
i
·SNWEZEK
¦
pneumonia.
Upside down
Д
Metal Indust. Int'l invest 11.K. & F.E
Tny.
1040 14,70 1000 en 14,70 135 1.40 2000 140
13%
Guman 2,073
... 13.70 14.to str Ferry 104 Lane, Crew) 391 601% Entertainment 20.40 Vibro 10.10
Increase in
1
U.S. foreign investments
If the United States inalaise Stems fundamentally from uver-valuation of the currency, see-saw ought to go
up when the wrong end goes down,
By its very size the United States economy exercises
Washington, Sept. 26. strong world pull. But it The Commerce Department Europe and Japan
keep
announced that U.S. com- panies increased their direct-investments-abroad- during 1959 by about $2,500 million bringing the total of their foreign to more than holdings $30,000 million.
dull in foreign bords. Losses going up even while the United dominaled döller stocks,
Status goes down, it may be
- Prives" went ahead m zolds, the mug to ban në“Ünited" Coppers turned dull bui dia-States rund as in the 1954 and munds werd Arm.
Olls
1950 recessions. declined. Rubbers and less in-
clined casler.-UPI.
Closing prices
UK Government Securiflex 297, Dunso15—2 45-1/16. Kut. Cunsals-—=87-1/16.
Converson, 1001-£ BU3⁄4%. Funding, 1950/50–2 KI
3. Funding, 1999/2004-~~£45,
4 Funding," 1960/90- x
3. Redempuun 1986/96-C3BA.
3. Savingя 1230-£10-4/22.
56 Seving 1900-£7.
2. Savings 1005/75-£71-5/50.
Banks, Insurances
Marclays "A" Ord=00% kl. Chartered-5 1.
Westminster "A"-42 31. Unit Imairnner-4.
Aircraft and Motors
Brith Motor-1 J
Ford Mator-91% 49%4.
Hawker Siddeley-āts 1950.
Bola Royce-434 Sk
Rootes "A"—8× 1031⁄2Ù
Standard-Triumphs-78 30.
Bollding & Materials
Ave. Portland Cement-60s 75.
Goodies, Wall & Lead
ter) & Engineering Merck & Wilcox-351 United Blecká fď.
Vickers 12, 154.
d.
Paper Bowater, Paper Ord-50 Lt.
Tobacco, Food & Breweries Brit-American
2014.
ย
When there is danger uľ recession which also is capable of ending in a currency de- valuation, inventory policy becomes a delicate question of timing.
Too soon
In 1950 the total was only $11,800 milion.
The Increase in 1950 resulted trom investments in foreign
It seems too soon for Inven- subsidiaries and branches
torles of even
international
imported and throud direct capital cullows comenodities lu
2
of $1,400 million and re-inverted
Was
be affected by forestalling of earnings of $1,100 ton. The post-devaluation price rises They could hardly ever be factor in United States Inven- tory policy as a whole, by de- inition of the external sector
in 1958 ennual increase Jaier than in 1958, but fes than in the pent year 1957.
the slidé.
Gold giares again rose axainst the trend, and some of the aircraft-missile stocks made rains on new defene contract. Or 1,258 Issues tradri me d broad market
931 declined and only 142 advanced while
elred unchanged. 105
New lows for the year totalled 201 against only six new highs.
Brokers attributed the fall to
international the tense
Bank of Montreal
Henetic Finance
Bendix Aviation Cot
Benguet Con
Bethlehem Sterl Bushog Airplane Borden (The) Co.
Barroughs Add Machine
| Britka Amer. Oll
British Columbin Pwr. Calit. Packing Corp.
cana, Dk. of Chom. Cana. Brewers Campbell Soup Co.
23
福
Duwerteks & SonL
MeDennoli J. Ray
McDonnell Aircraft
Minnesota Mining
Mansion Development
Molson Brewery
Montecatin
42 Montgomery Ward'
Motordin Inc.
4tational Cash Res.
316
27 Naonal Bakry Prod. National Steel Corp. New York Central
North Amer, Aviation
New lease of life for obsolete ships
Hamburg, Sept. 26.
The mid-section of a freight-carrying ship is being towed from here across the Atlantic to the great lakes, where it is expected to arrive about the end of September to have United States-built bow and stern sections added.
The 40-day trans-Atlantic Stop! Company's shipyard at
voyage is the first of its kind Balmore, Maryland.
The idea is to be undertaken.
Schlicker wilt also build two to replace corroded oil-carrying 23,000-ten container ships by
wartime World War { enlarging
tankers, compartments of a
a now mid-These ships are designed to
33
3424
1037
Noranda Mines Ltd.
30
33
351
Norfolk Western Hy.
细
Canadian Pacie R.
1613
Camo (3. 13 Co. Cat reactor
30table for the
programme,
Celanese Corp.
1. T. Financial Corp.
Chrysler Motors..... Chiett Pinbudy Colgate-Palmolive Co. Colombian Carbon Cu. Chimercial Credli Coming Ginns Works
Edibut
Comodated Paper
Consumers Gay
Northwest Airlines (Com.)
201 Obama Nat. Gen
Or levatoni
27P American Airways
Paramount Pictures Parke
Puliman
the
II tunicor with section, thus giving a new lease transport large highway vás of life to the old bow and stetny in inter-coastal trade. sections. which contain
The leg of Schlieker claims jihird place omong "West Gér- [minu 'shipbuilder. It 800 T2 and T3 tankers four years ago on part of the storted were built for service during war-damaged Blohm and Voss 09 World War II, mostly in United
the shipyard,
birthplace of States yards.
pre-war Germany's largest are not avail merchant vessels and warships. Exact figures
Two present recover-
Sehlicker years ngo, 22 slon
but it is launched its
tist major ship, expertod to cost between 50 the 22,000-ton ore currier Ola and 40 per cent less than a new for the Olin Mathieson Cheml
of cal Company New York. Singe then. project
yard hps $54. a steel hull 510 feet long specialised in orders for United..
·States Arms.-China Mall and: 75 feet wide, was launched
Special. scolai with
ends ut The Schlieker chipyard here on Now, the ocwn- diesel electrle
40
construction
3124 August 20,
Zenland, made available by the
the
Cheapest air fares
N.V. Wijrmulier Company or to be introduced
Imulden, Holland, is lowing it
244
68
A
415
Co.
10
AZ
Penry J. C. Co.
vessel,
"Now
285
06 Morris
2013
40
Pitney Bowe
Procter & Gamble Co
181
Pilleburgh Plate_Glass
03
Perland Gen. Elec.
34
Publicker Industries
135
Continental Cun
35
Pure O
Continental off of Del.
Radip Corporation
2 golog
Crende Pet
27
Racó Corp. Pref.
Crane Co.
Raythem
Crown Zelterbacți
4745
Repubile Steel
Delaware & Hudson Co,
Reynilde Tobaccu
Distiller-Segun
2014
Ravel Dutch
3212
Dominion Storej
54
Rheem Mfg.
15%
situa-
Douglas -Aircraft
}
2834 Sears, Roebuck Co. 722%
Oil Co
100
Bag Stores
*39
Schenley
Inc.
29* Scott Paper
41
70% Sinclair
34
South Puerto Rico Sugar
Socony Mobil Ol
745%
Solhem Co.
(Tie)
44%
Southern Natural Gas
04
Southern Pacific Co.....
Standard Brands
tion nod to continuing unfavour- able U.S. business news. The latter included a sight decline
In U.S. steel week.
production
Daw Chemigal
Dupont de Nemours
Hutanan Kodak......
El Paso Natural Gas
this Family" "Finance Carp
Ferb Corp.
Find Nai. City Bank
Twelve of the 15 most active Ford Motar stocks declined,
two advanced Geordia Pacifie
and General Motors was
changed at 424.
Closing prices
Abtibi Pwr, & Paper Alden ing Avy, Alguma Steel Corps,
un-Geral Electric
Great Northern Railway General Foods
Gen. Pub. Util
G. Tel & Elve.
Glidden Co.
Goodrich B. FJÖ General · Motor
# 371
47% Goodyear Tyre 319 Hammond Organ
112 Salm Reg. Poper
251 Southem Railway (Com.)
付
J
4239
Singapore a step
nearer to industrialisation
from GORDON HUNG
Singapore, Sept. 25.
Standard Oil of Cal
Standard Oil of Ind
Steel Co. of Cornda
Sterling Drug Co. Stokety Va Cump. Stone & Webster.. Studebaker-Packard Corp. Sunshine Mining
Swift & Co.
Texas Co.
Textron Inc, Thiokol Chem Fide Water Ol
•Time Inc
Tri-Cont. Warrunte...
Twentieth Century Fox Finn Union Carbide...
Union Gil of Cal.
Union Pacific Railway
United Aircraft
United Trust
United Gaz Corp.
.. Fall "E"
VS. Gypsum
U.S. Line Co.
U.B. Jubber
U.S. Smelting
US. Steel A
US, Steel 7 P.C. P Warner Bros.... Waukesha Motors Westinghouse Air Broko Western-Indon Tel. Co. Wen Va. Pulp & Paper Winn-Dixie Stores Woolworth K. W.)
"United State fem in Singapore took another step towards its indus-worth being so small a part of the fed their build-up of production
United
States
economy.
perhaps its Achilles heel but adding
still only a heel.
LON
remote, though
report
in 1959, facilities in Europe
nearly $760 million through capital cuiflows and re- still tained earnings," said hardly proximate, might be the on dirvet U.S. foreign invest- possibility of Wall Street disments by the Commerce Depart- counting the consideration that ment's office of budness econo- equities beneßt from devalua mies—UPI,
19tion.
TULICO-15.14
fimperiat Tobacco-644 93. Distillers Company-43 116d. South African Breweries-249.
Miscellaneous
Boardman Marden-sdk. Brush. Oxygen-29 24. Canadian Pacific-194 De Ld. Hue Ord-163" sa, Dunlop Rubber-2s.
Glimah tokding)-2s 40, Alangkong & China Gur-154 Imperial Chemical-71a 0. Unllever--147.
Tadio & Flectrical Amcclated Electrical-47% 30, Electrical & Musical...(Bs. Engal Electric 35 Ceneral Electric-728.
Shipping
Casard Steameḥlp-196 10154, Indo-China Navigation-213 SU. P.&O. 9tram Navigation 37
Ktorsz
Debenhamplin, Great Univrotal "A"-4 3. Marks & Spencer-8 34. Woolworth, TW-708,
Textiter
Conte. J. & P-30 94. Courtaulds 550.
on
British Burma-1 pd. Tritia Petroleum-474, Bunnah-37% BİL Royal Thatch-21%. Shel Trapezor-146, 49.
Minei Anglo-American 100, 34, Connelldated Zinc-70 st. Petaling in fid Union Corporation-05
d.
Rruter,
Exchange rates
The Americans have never needed to know much about ex-
change rates,
they do know
but presumably
Ching Mall Special.
that much.---
Compact cars
affect U.S. steel industry
Cleveland, Sept. 20. Increased production of enm- apci cars is hurting the steel industry.
Steel Megazine sold today that steel buying is picking up but new order volume is short of seasonal expectations and Oclüber may not waitala Ita traditional position as the peak production month.
The industry wookly sald that tite, most active buying is by the motor Industry, but I sa
and
Ap
Japanese
interest in wool
AL
Loudon, Sept. 26.
1
to Montreal. From there, Great
take it Lakes Lugs will
London, Sept. 26.
E cheapest ever fores
will be introduced on Lorain, Ohlo.
After completing the 4,000 Saturday-with cuts of near- journey Vis the Sly £50 to trips from London Lawrence Seaway to the yard to the Ear East, West Indies, of the American Shipbuilding
mile
159 Company at
4013
48%
41
M
1416
ZA
Lorain, thв huti Africa,
from Hamburg will be joined Americp.
Autralia and
to the bow and stern sections The poonomy services are be of the former 17,000-ton tankering extended by International Chiwawa.
agreement. Typical new return
Mr Willy H. Schlicker, owner
£ 180
When completed, in Decem-rates are Hongkong £874/8/-d. ber this year, it will be a new insigad of £415/18/-d. and Instead ot 23,000-ton ore carrier ready for Bermuda $46 service on the Great Lakes.
218/13/-d. Sill cheaper, the skycoach service will be run on Once'n 12 of the Schlicker shipyard, had Commonwealth routes,
described this experiment in fortnight a ̈special aircraft will – German-American shipbuilding By to Bermuda for £180 return £311/8/-d. as the result of "a-new marine and Hongkong for engineering approach to a basic Other Skycouch destinations economie.aced-how to get more will be Trinidad, Jamaica and 21 profit-mileage out of ships which Barbados.
Most spectacular immediate
40
72粒
20
3315
3813
1102
18
50P
are technically obsolete.
The original bow pad stern results sections of the wartime tankers Blue
anc
expected
Aband
en the Transatlantic day excursion. By
Canadians
and
Brussels
40 have ten years or more of opera- rotiles, 17
tional life. The decision to give flying Boac, them new and larger mid-Americans will be able to see
their London Amsterdam, suptions greatly prolongs
and Paris with accommodation 21 prodt-carning lives.
The Schlicker shipyard basall in £183/4/-4. [
sight-seeing and entertainment
441%
2712
701
144
orders for eleven more convert-
ed ships. Three mid-sections
To encourage Britons to holl- day In America
4 are to be built at Hamburg and Transworld Airlines towed across the Atlantic to being excusions transformed into ore carriers.
One will be completed at the American Shipbuilding Cam- pany's plant at Lorain, and the other two at the Bethlehem
3211
trialisation dream with the signing of an agreement beween the Government and the Singapore Factory Development Limited to Yesterday's Closing jointly develop a 23-acre site here into an industrial estate.
Situnted in Redhill, some The balance can be paid either three miles from the centre of over 15 years ubout $846 a the barsiness district of Singe- month, or $1,080 a month over pore, the scheme will provide 10 years.
ready-made factory ißldings Basic factories in phase one for small and medium scale will have a 50ft frontage and Industries.
will be 75 feet deep. The walls will be of brick and the roof of corrugated asbestos.
and Canach, are oker- for £ 188/9/-d, which takes in New York, Philadelphia, Washington, Chi caga, Detroit, Niagara Falls, Toronto, Ottawa and Montreal,
Lendon Express Service.
COMMODITY PRICES
METALS
NEW YORK
Closing price all in cents per
Singapore manufacturers will be able to purchase the factory buildings
the instalment on
The Singapore Minister of plan thus cabling those with Finance, Dr Goh Ken-swee, hut too much capital to reserve | säid" that the Government was funds for buying the beat type going ahead with the recruit- 15: Japanese Interem was behind ¦ of machinery.
ment of engineers.
Lead economists
Sept. the sudden revival in Woot
Work on clearing out squat- and statisticians for the Econo-
Νανο prices
Zinc the
Sept. Australlanters and paying them compense- mic Development Board, which
Nov. apotions, the Financial Times |tion and then preparing the site was to be established soon. The Copper Sept. Hald today and contrary to will commence next month und World Bank, he said, had Views heard in 'Lohđón ́s, take about "three months to praised to help get a chief for mionth
Εννα
the complete.
the, board. Japanese Industry has pol
SUBSIDIARY
Manufacturers taking advia per long ton: överklepped itself and busst D The Singapore Factory tage of the Redhill industrial embarrassingly large stocks of Development Limited,
Tin sub- esfate scheme would have at
Spat wool.
aldiary of the Colonial Develop their dispose the expert techni- simonth "Its buyers seem to be veryment Corporation, working în i col advice of
and Copper engineers
Брот co-operation nearly as conndent now as they ele
with the others on the bogad, he said.
Shanth then start A spokesman for the SFRL. Find and half sept.
mány Industrialiats
or
were at the height of last sen- Government will
son. During the past week or building the factory buildings said that so two or three Japonese names and the whole pf phase
En
UPOVINAMIKIAN
LONDON
Closing prices all in pence per
b.
No. 1 Rss spot.
20-20%
Settlement house term:
Oct./Dec.
.... 2844-2936
Jon Mar.
28-2015
Apr¿June
276-2732
July/Sept
2746-2014
General markats, c... basin, porta Oct. 10.40 Nov
$0.40
13.06
2
Estato crap thin det...
Stick Del.
AMSTERDAM
Closing pleca ali in guilders
per kilogram, ci.f. Oct;
No. 3 rubber
Μου.
LONDON Closing prices, all in sterling
No:
rubber
No. A rubber
Buyer Sellers
No. 1 crepe
20431
300
100
283/
遊きく
4.42T
Deo,
44
681+
one operating on a small scale had bead 2nd half Sept. have invariably appeared on the will be ready in about a year's had shown a keen interest
lat of the Ave leading buyers at time. the Australian Buellone," editorial Bald.
nr:
to
RUBBER
2.77 nom,
2.70 1951.
COTTON
LIVERPOOL
Closing prices all in pence per
[b.:
Ameriegn Contract
Mixed Opntract
1.07-17/32 1.0005
1.68 nom 2.00 NOSA
UPI.
NEW YORK Closing prices ali' in cents per 1.
FOREIGN EXCHANGE"
NEW YORK
Closing rates: Canad England digial
ዛ at-days
· PO-DAYA Australia New Zealand South AfricE
Denniark HOTWAY
india Pakistan
itongkong
Other unchargri
LONDON
Copenhagen Frankfurt
HAOTY
1. 10.09
the first phase of the scheme. The Government, which will "Already, more than half of
'imáll' provide the land on a 20-year the proposed
faulorles buying at a much later time mainly absent but Ching seems roed to the
Communist bloe buyers are lease, will build the main access have been booked." ho saki,
In the second phom of the in smoller 1qis.
arca, which
by the scheme, #t la intended to provide Estimated 85 per cent of 1081 call to enter the market, be-bounded on one side rales, predicted at a total of sixe long which was an en-railway line running the eight langer sites for buildiné
|équroæing factor-UPI.
Federation. Tho Government factories of various sizes de-
NEW YORK will also lay от
all services aigned for individtmi needs,
Rex rubber futures closing 1730
cheme will be nd prices, all in cents per 1b: such of water, elecialcity, gon and werde.
ministered by the Housing and Repit 94.301 Nov: 1430) Jon: 8140; In the first stage, for which Development Board on behall 3.16 May 30 |the CDC "Wình "bul" up UKELBİ 6f the Govétrínservi,
Taci INDUSTRIAL" NOTE: million, a total of 24 email
Dr
SINGAPORE tory bitüdinge will be buill- Goh sefil What CoverTRDCM was Closing prices all in : Biratts | Dai 13 terraco factories and recruiting Engineers hen over cents per 1, to.b. Melayug
seas to help with the Jifrong ports:
million units, will be in conte pact lines which require sub- kiantially
less atandani modoje.
steel than
Béchuse of the high percent-
age of compacts, stepìmakirs figure they "will" ship' about
Agreed merchant rates Canadlım $, Maximum Selling, 300,000 fewer tons of stool to 17 Maimum Buying 1774 T/T; the motor, makers next year; 117-8/10 O/D. unumoja)
„market |ÝM | Milja: probably will ship 11 exchariga ingring at the "rulowing "tales;-)
Swiss Francs, Maximum Bell- million tonu of steel US. dollar (per #17 100TSP" LAS
foring, 74-15/10 Sterling holes (per - 81) 1440 | Portugur car use pad another Belgidh Frozica Maximum
1105 | 15pką, veillion tons, for selling 807. AlifFuliah Hatij, (bar"41) **... Trickman rupiah (per 100) irudies and other vehlo s8 -**** Blahtiole{pay*:169) Wingapore (Btzailej
Business was done in the local
Welt derman Deutschumacke Maximum Selling, 72%.
bemi-detached,
The cost of a factory unit of intuitfel olate development No. 2001. $1,000 ***aquren" ("text" "will bù actserne, which" lì expected 10 48; det;
$100,000 including land atcom HK$sa nition in kaitink
$1.15 square föbk","
up a new” 1,000-sery Indústr purting will have to pay town, the "101" "Tegl65)
20 per cent of thẻ côfb-l@m1,000,] the state.
July July:
20 nom
NEW ORLEAND Olpaing prices all in conte por Montreal
Closing rates:" New York.
Amaterdam Drowsi
$1.25
Lisbon
Paris