THE CHINA MAIL,

TUESDAY, JULY 11, 1961.

Wall Street closes HONGKONG

mixed

New York, July 10.

Aircrafts, hotional defence stocks and to- baccos were strong in a thoroughly

U.S. MUST KEEP OPEN WORLD TRADE

mixed stock market today as activity CHANNELS: SENATOR

continued light and cautious.

Today's volume was 3,180,000 Arts.

Of all 1,258 issues trail, 483 wer higher and 550 loweri

American exchange volume was 1,370,000 5.

Bonds volume amounted 27,200,0001.

Dow-Jones

I rag

30 Industrials, 093.16 cp 0.43

ton Power

Imperial DII

Imperial Tabaren

Ingereol-and

Inland Steel Co.

kirchemical Corps

ink Miner Mughtnes

Kaiser InsD

4152

474-24

Int Harvester

ไป

International Nickel

International faper

closing stock

In Tel & Ver

$7

Johns Manville to

07

Kennerolt Copper

49

13412

4712

23

Mi

9014

0474

20 Rolls 140.56, UT 0.80

15 Res, 114.30 up 0.37

05 Stocks 230.56, unchanged,

Closing prices

Anubi Pwr Poper

Alden be. Ary.

Am. Cox &

Elreu le

An Marh, & dry.

America Metaj

Am. Natural Ca

American Tou

Ampex

.....

Anaconda Copyr Armeo Slov Armoir

Asbrutis Corp. Atlas Los Mu Julin-lima-Ham Baltimore & Onlo Bank of Montreal Beech Life Savers

Bell Telephone

#0:

Kiherly Clark Lliy Fulgə

Latton init

Jackliced Airetary

Loews Incorp

Lone Star Cement Co.

Merck

New York Central

Ola Blather woods.

ous

devator -

owen-til las.

At Pagar ta

Washington, July 10.

STOCK EXCHANGE

Dür Own Cařresponder

LONDON MARKET MIXED

London, July 10.

Business done on, the Hong-frivestors took a walk-and- konit Stock Exchange this see line today and gave morning amounted to approxi- leading equities a mixed mately $5.430.000. Noun queta- tions and the morning's trans- actiona:

Bhare int bank

Sen. Jacob Javits (Republican-New York) urged the Kennedy Administration today to keep open the channels of world trade despite pres-fire sures for protectionism which He said are w growing in the United States.

"If protectionist forces win

U tride struggle, it will re- present a new isolationism in

American policy," he said.

"I will result, in retaliation against our exports by trading blocs, already forined

Europe and now being estab- ished in Latin America elsewhere."

and

Some of the strongest pres- sure on the Kennedy Adminis tration is to restrict the im-

or textiles sati i ports.

from the Orient. But several other in- dustries are asking higher pro-

duties, OT 74%tective

quotes, to domestle production Gratiel

10

Lorlard 11.

Lowenstein & Sotra.

McDermott Jatay

MeHotel Airerat

Algon Sterd Corp.

43

Allied Chemicals

Mead Boy Corp

Meet Mu

Alfled 22412

on Development

43

All Cabanes

201

Muanto tar miteal (%

Ar. Jake Ste

Montre Am

American Antino

BIT

GBA gomery Ward

Am. Cable & Ranilo Korp

DIA

Motorola inte

American Cvanando Go.

45%

National Bienst du

Alver, & Forgn

Power

1034

Roma Cach

tire.

むりょ

13

Sutional Lead

National Day Print

CO

13.17

National Steel Corp

41

American Snelting

1 1

Martha Murs 1

Am. Sugar Reg. 14. Atterican Tel & Tel

342,

1101.

Norton & Western Ny.

North Amer. Avation,

111

Northwest Aplines (Com.

31

*

# Nat. Gas

2007

по

a12

Pale Gas & Ele

257%

Pan American Airways.

5172

Paratuaint Pictures

74,

(3

Purke Davis Ca

(1.

Pony Ju

S

Penn Salt Co

J'eneficia France

Philip Morris

Reagle Aviation Corp

Pilney Tuwen

Benguet Caris.

1

Procter & Gamble Ca

Bethleem Sterl

30

Pittsburgh Plate Class

Boeing Airplane

PorBand Gen Elec,

42)

Borden The

Co

Publieker keskos

Burroughs Add Machinis

M

Pullman

British Amer. 011

12

British Columbia Pwr

30

Radio Corpora Dry

Calif. Parking Corp.

Cana. H. of Comm.

Och

Raytheon

Rejle Steel

Can Brewvers

Campbell Soup Cu

Ryan Melat

Canadian Pacifle It

Rejaolds Totsiera

24'

Rus c est Canada

Core 1.5 Co.

Stovat Dutch.

Cal, Tractor

377

Tcherm Mfg.

anese Carp

37

Seats, Rueback & Co

1. T. Pinancial Corp

76)

Shell Or C...

79 bud

Safeway Stores

455

| Sadia Reg Paper

60%

Sent Paper

Stegter naga.

KPX

Sinétair onŘ

Smith, Kilne & Frei

126

Steuny Muld thi

小学

2015

South Puerta en Sugar

Southern Củ (fber

Southern Natural Gas

174

4013

54

Continental Can

זוג!

20

Haute Corp Pret

Beneney he

2412 Sterling Desc:

4

Chase Mandal. Bak

Cheyster Motors

Cluett Peabody

Cuca Cola

Colgate Palinitve Co Columbian Carbon Ci Commercial Credit

Curting Clay Works

Consolated Fichtners Collated Paper

Commeters Ge

Continental Oil et Del

Creole Pet ...

Crane Co

Crown Zeliendaela Cuban Amer Suger Delaware & Hantron

Diamond Alkol: Diamond NAT Distillers-Seagrans Dominion Stores Douglas Aavraft

Dow Chem:teal

Faster Air Line

El Paso Natural Gas

Family Finance Corp

Ferry COLD.

Firestone Tyre & Rubber

First Nat City Bank

Ford Motor Co. of Cana

Part Motor

General Dynamies

General Electric

General Fer

General Motors

Gen. Pub. L.

Gen. To the Tłoc

Gen. Tyre & Stubber

Getty Oil

Staithem Pantle Po

Stather alway Comp Sperry Hantel

302 Shanda par

87% ( Standard fit of Cal

Blandford Ol of Ind.

[x4

17. Set this! NJ.

18 See Beek

39;Stone & Welder

Studiebaki-2-Packard Corn.

Sanne Mining

Swift & C

2x12 Ine

Thinkel Chem.

Paside Water 09

Inc.

Dupent the Ne

Eastman Kodak

זד

against increased imports.

sald Javits

President Ken- should nedy

his and

nides stoutly resist this pressure,

FOREIGN MARKETS

11e said the recent business downturn, now largely ended, showed that the United States Increasingly depends on foreign markets to help avoid sharper recessions.

Among the protectionist pres-

cited a bill intro. sures, he durer by Sen. Styles Bridges and 17 other senators to make higher tarif recommendations of the Pariff Commission man- datory tirl the president. At re- present the president may ject them and recent presidents often have,

Javits said the Administra- tion should

shape a frame- work for expanded trade by helping cushion hardships caused in Bonie parts of the U.S. by Imports.

to

Warning on

rising

production

costs

London, July 10. Lord Ridley, Chairman of the £38 million Conjótt

Iron Co. of Durham, to- day warned stockholders about rising production costs and hinted the Stool Iron Board should and permit steal prices to rise. He sail costs will increas from higher cor prices an nounced last October, the tax on fuel of imposed in April, the pay- possible introduction of roll tax

and proposed higher local taxation for industry. These will affect steel output costs and the build-up of nonces to pay for plant replacements.

The Increase in profits tax in The last budget will reduce sums

He suggested loans, tax in- available for plant investment at a time when both the size and 48centives and technical 45-

Custa of new plant were in- sistance

hard-hit com-

creasing, units and supplemental un- employment payments, retrain- ing benefits and early retire-

2014

30

43

104

24

BG

ment for workers thrown out of

Jobs by import competition. UPI.

CHICAGO GRAIN

MARKET

Chicago, July 10. Soybean and whent futures fell today on the Chicago Beard of Trude, but

reports pour crop

41% from the northwest brought

buying in corn, oats and rye,

Liquidation and spreading wedkened Soy- beans.

Menl and oll also declined. Northwest houses sale

transactions

of

CUT CONTINUOUSLY

Itry est

Wheelock

Whreinck

Buyers Selleri 410 418

Miten

100 & 40

120 415

50 # 4:6

415

110

210 254

20% 20.00

500

મા

30 v 404 30404

الافال

14 14.10

20.9

1

3.20

HK Luck

110 111

tk Hotel..

TOIROO Dock 744 4714 1000 $72

1000 19 400 13 B00

73

2000

42

UK Land

55 70% 1400 77

1700 ** 70%

20070

2400 20

4.10 BAJO 2,70 235 2.025 1000 2,00

HK Realty

2.675

New

+

BK Trous

44 44)

K.M..

ยู

start to thn now account,

Many bluo chips syynyed ellatr way and movements were malaly in pinnies but Imperial Tobucco---lold by the monopolies

to divest itself commission

or

its £45 million sinke in a rival eigu-muking ro-Jumped 2/3 to 70 shillings. Dealers said favourable prem cnment was bihind the rive..

Steels were öften up to one shilling higher, but sic es dip- pel and engineering counters moved irregularly.

TRUSTEE LAW

Cit-edged lost ground agai with losses up to £4. upset by

the

forthcoming trustee law

REPLACEMENT FOR QUEEN MARY

Drive to oppose

building of giant

luxury liner

Löddon, July 19.

which will enable trust halders A Cunard shareholder yesterday launched

In switch Intò industrial atceles

well as buying fixed interist securities.

[15

2.97S

70044

100 44! ID004

Dollar stocks made a mixed

The dritt persisted

mining stocks but De

showing with small changes.

Greeks stayed

weak

In

2004414 200.00 444

foreign bonds,

for gold

€12

13

Do 811

Becra

100 81%

1700

* 6Z

100: 82

Youupatl

125

1.4

BQG 135

Ch. Light..

40% 40%

1000 2012

2300 40

HIC Elec...

$700 or 4014

1350 401% 10004012 3500 40!

2000 40%

1500 40

1000 N 4014

2500 to 40

300 401% 100 44 40 1000 40 31504044

firmed in diamonds. Tins lost

some of their early gleam and

oil

market into lower ground but

coppers held stendy.

Shell

paced an uneasy

British

Petroleum stayed

changed.

Hubbers me! improved

из-

de-

mand and scored a spread of gains. Tens were dull.—UPI,

Closing prices

Brit Gavernment Recurities 297, Consolidated-3-7/10,

Conversion-452-13/10. Savings 1955/65-91. 3, Bovin 1960/70-77

Savings 195/70-06).

Overness Bonds

GOO # 4014

3

500 + 10%)

3

1000 40%

3

41 415 500 2 10

HK Tele...

57 5

IK Ga

22.00

23

Gilman

5.15 3.20

uf

Jardines

2014 28.80

"The Iron and Steel Board therefore see the necessity allowing the steel companies to their earn enough to finance very large

programimes of re- placement and development,” he

said.

67 0712

Dairy Farmi

4212

Ridley raid British steel prices G. Cement have been .cut continuously from 1957. "If other basic in- dustries on which steel depends could cut their prices and ad- ditional taxation were not im- posed "It would still be possible that relatively low prices could Textile assist British exports both steel and products manufactured from It," he said.--UPI,

UNIT TRUSTS

2000 41

500414 2001 300 434 8000 41 1000 414 5240 41

10041 330341

30C04114

30414

1000 // 5715 500 or 3715

100 or 5

1800 57!

300 22.po

370 23 1000 ₪ 25 2000,15 4000 5,15 27000 120

100 # 29

30 x 20.10

1700... 29

2300

s

200 20.70

253 6 28.03

200 21.70

500 28.64

201712 500 i 67 100 67

421100042 1000+ 2

300 4214 1500 4224

7.70

300 7.00

3000

7.60

of

- 2000 7.00

--

Mueno. Elen. Underwriters 14.30 Waterboats.

Nanyang

Amal

6.30 0.10 Rub. Kut. Trust 7.00 Int'l Invest 15.70 10.10 Humphrey's 25.70 25.80 4244 25.70 500 / 25.70 fun 14.30

12.10 12.30 3000 12.10

2000 * 12.16

311

lope

Ferry

City Hotet . 37% Star

214

40

Lane, Craw.

521%

5 July and bought September. The U.S. visible supply whent

increased 14,874,000

First Hongkong Fund: $1.33 439.262,000, (buyer) $1.42 (seller).

of Trade.

Second Hongkong Fund: $1.01 (buyer) $1,07 (seller).

35

21

Text "Ca

JOT

44

41

ders Finance

Travelers Ine

-COBS Warrants

1ston Cartride

wentieth Cenny Fox Film

137

1537 tro Cul of Cal

827

112

Union Pactile Railway

345%

tated Aircraft

472%

United Fruit

2016

B

United Gas Corp.

3416 bushels

10 total

44 is Gy

207 Line C.

103

33

atcording

to Board

18

US Steel

Glidden Co.

Goodrich B F. On

04

Goodyear Tyre

43

Great Norther

away

44

| Wedhamhouse Air Brake

Grumman Aircraft

***

Chif Ou

4211

Hammond Oran

302%

Hierden Newport Corp

Jim Walker...

Homestake Mining Co.

44%

Justinni Rettig.

26%

203 Rubber

74 US Sipeling

424 Steel 1 PC PE

Warner B

Waukesha Motors

Westinghone Electric

·Westeră Unløn Tel. Co

West Va. Pals

| Winn-Dixie Stores

Woolworth 4. W

Zenith

ice

Paper

statisticians-UPL

15.10

COMMODITY PRICES

3-month Lead spot

234

3-month

MA-B012

Zine spot.

3-tenth

701-00

A37-04! 70-71

901-0116

COTTON

NEW YORK

No. 2 July

No. 5 July

No. 4 July

Spot rubber unusled

Blanket erepe

No. 1 pale crepe

LONDON

Closing prices all in pence per

July/Sepi murkett, C. basin,

Estate crepe thin Fuly

thick July AMSTERDAM

lb.:

Closing prices ail in cents per

No. Has spot

212

Settlement house term:

1b.:

July/Aug.

July

33.40

July/Sept.

Oct.

Oct/Dec.

Der.

3495

Jan/Mor

Mar.

35.50

Ajr/June

May

30.77

July

25.40

35.50

July

Allg.

Der

34.50

LIVERPOOL Closing prices af in

punce

per lb.;

American Contract

July

23.03

No. 1 rubber

Ori

24.05

No. 2 rubber

Dec.

23.10

No. 3 rubber

Mar.

*5.243

No. 1

crepe

Mos

04.35

July

2623

Mixed Contract

July

24.00

Det.

24.75

Alny July

Calsing prices all in guilders per kilogram, c.lf. July,

by buyers

225 buyers

233 buyera 2.32 buyers

METALS

SUGAR

NEW YORK

UPI.

Closing prices, wil In cents per 1b.:

Contract No. 8 (world) Ort: 1.66; Mar: 302; May: July: 296 Sept 2.03; Oct 200 Spot-World Averages: 3.12.

Total Sales: 28 contracts. Open Interest: 801 contracts,

Contract No. 7 (domestic) Sept: 134; Nov: B30; Mar: 25: July: 0.30; Spot-(Bulk, duty pal): GAZ

Total Salen: 50 contracts,

Open Interest: 2,450 contracts. UPL

THE EVENING NEWS

of

MANILA

is now on sale in

Hong Kong

Available at:-

• Kowloon Bookshop

Mirador Mansion,

64, Nathan Rood,

Kowloon,

⚫ Swindon Book Co.

25, Nathan Road,

Kowloon,

• South China Morning Post, Ltd.

1-3 Wyndham Street,

Hongkong.

Tel. 26611/5

.and Salisbuły Road, Kowloon, Tol. 64145

Closing pelecs all in Straits ceite per 16. 1.0.b. Malayan poria: No. 1 July

Aug.

Drumseis Copenhagen LONDON

Eslabon ABernoun Korilor. Clooing prices, all in sterilng Patie

D$10 per long ton:

Hookholm Buyers Bellors | Mina

Vienna Zurich

Tin pot

3-month 813-84] Copper apot

13.00-13.00 14.4015-16.4015 172013-1720A

UPL

25.50

RUBBER

TO

Rubber futures closing prices,

NEW YORK

Closing prices all in cents per

lb.:

Lot and

July

Zinc.

Sopt.

July

Copper,

NEW YORK

Sept

July

Sept.

all in cents per lb.:

Oct.

nex Standard

Dec.

July

29,05 28.05

Jan.

Hept.

28.00 30.75

Mor.

Niju.

20.10

26.05

May

Jah.

21.70 20.63

July

Buy

41.00 21.65

SINGAPORE

FOREIGN EXCHANGE

NEW YORK Closing rates:

Canada

Digland

oficial

30-days

100-10:

- Other unchanged.

LONDON

10.03

15.20

11,30

11.00

2008

3021

23.201

30.31

New York

3024

Montreal

30.20 20.12

Amsterdam

#0.13

19%

Closing rates:

00-9/13

0.0050

2,7740 1.7600

2.7035-2.70%

1.00 19/10-2.00 1/18 10.00-10.003%

130-70-130.75

10.3112-19.511

11.00-11.00

10.07-19.03

57. German (Dawes)- £80.

Japanese, Acentod-E 1975.

Hanks & insurance Barclays Ord-77 00 xd. Chartered Bank-35%. Guardian Assurance-48 Dd. Hongkong Bank- £16. Lloyds Bank-in 3d xd. Lambord Banking Ord.-17 Ed. National & Grindleys-3

27 Ed Prudential Assur. "A"£23's. Hoyal Bank of Canada-£27-15/18.

British Petroleum-465 dil, Furman O-36 $4.

Shell Transport Ord-119 3d. Royal Dutch 12-21/32. Ultramar Company-30s 194

Steel Engineering Babcock & Wilcox Ord, Colvilles Orde d Darinan, Long-29s xxl. Guest, Keen Ord-876 5, Harland & Wolf Ord-15« 95. Steel Co. of Wales-37я Stewarts & Invite Ord-421 Summera & Sons Ord-4 101d. Tubo Inyelinesis210 Đư United Steel-40% 10754. Vickers Ord-31.

0.

Electric Assoc Elec. Industries-37 Brit. Electronic India, Eler. Mus. Industries-30s St

Ord-318 Jick,

English Electra Ord-22 3d

General Electris Philips Lamp Works-210-23/32. Hedifusion Örd-33 10'u xd.

Industrials

Asnoo, Peruand Cement-76 45. Boardiman Marden Ord.-3 fd, Borax (Holding)-In, Becca Records Ord-35 9. Dunlop Rubber Ord---201 4d. Fisons Ocd43 10.

Gilan Holdingal Ord.) 19. International Computers-02 5. Turner & Newall Ord.-0 1d. Unllover Ord-1378. Wiggins Teape Ord-16A 3d,

Chemicals Imperial Chemical Ord-67 del. Monannie Chemienka Ord-20s d. Cinemas & Television

Musa Empires Ord-10s. Ronk Organisation Ord-20s 45. Stol Theatre-7 0.

Paner

Bowater Paper Ord-12, 5d. De L6 Rue Ord--595. Spicers Ord-47s 01.

Tobaccos British-Amer, Tob. Ord-85s 1'id. Carreras "1" Onl-4s kl. Imperial Tobacco Ord-70s,

Motors British Motor Ord-14s 740. Hawker Siddeley Ord-23 10

Ordu 435. Rolls-Royce Drd-13 od.", Westland Aircraft-18 d.

Jaguar

Taxulos

Bradford Dyet'm15 01. Calico Printers' Ord—12s 11⁄2d. Coats (JP) Palon & Baldwina-415 3d.

Courtaulds Ori-15s 7140. Fine Spinners Ord-25€ 08. Lancashire Cotton Ord-52 101541 Brewerien

Distiller Co, Ord-älk 7ljd. Guiness Arülüri Ord--Sin 01. Ind Coope Or-134 15d.

Storrs

Great Universal Or-30 Ord-521

Great Univerani

750.

0<1.

House of Fraser Ord-33 9. Lyons (3) Ord-143 34. Marks & Spencer "A" Ord-ion

Tate & Lyle Orý-43a_{0!se. United Drapery Ord-73 3d. Woolworth (F.W.1 Ord.-53% 62. Miscellaneous Howanaker order t

Brit. Commonweal Bhip. Ord-36a

Canadian Pariñe Ord-$45. Cunard Steamship Ord=18%. Forestal band & Timber-136 0.

Withy Ord-e it.

Hang & Chin One-178.

Hudson Bay Co-£81. Indo-Chinn Def.

Lanil Securitten Orda d

P. & O. Steam Nav. Def.-37 9d. Mines

Brfith Tin Joveatment-43 De Heers Def--1218.

London Tin

dd,

Cil.

Mount Inn-2-2013 Petaling Tin-11a 134d. Bhokaria Corps 3d, Rio Tinto Dearer)-37 Roan Antelope Copper-da 31. Union Corporation—438. Welkom Gold Mining-ila Đu,

$6.

West Rand Investment Trusi-30s

2014.

Western Holdings-100% Pet, Rubber 44

td.

a campaign in Stratford, Lancashire, to oppose the company's plan to build a £30 million replacement for the 81,000- ton liner Queen Mary,

Mr Raymond Gregory, a local businessman, posted 30,000 let-

lera to

shareholders acking New type rubberised

to

sea! for motorway

ΠΟΥ Maltby Opening the

Bypass at Victoria, Aus- tralia, recently, the Pro- mier of Victorio, Mr H, E. Bolto referred to the now type of rubberized bitu- men scal used tho Бурсия.

them to vote on whather build the replacement

or nal. Included in the letters were Mr Gregory's reasons for opposing voling the replacement and a for.

The replacement of the Queen Mary

has been ncontroversial Issue since it was first an- nounced by Cunard. The British a bil lest Government passed month authorising a subsidy of £3,250,000 plus a government Joan of another £15 millon.

strongly But the bill was opposed by both Conservatives and Labour opposition mem- bers in the House and widely criticised in the press. The Cunard Company plans to build a 70,000-ton prestige liner to replace the Queen Mary in 1005. The Queen Mury is the second largest liner in the world and her sister-ship, the 83,000- ton

1:3 the Queen Elizabeth,

Jargest.

Mr Gregory sak! today that no far in a 1,000-letter sampling he mart Cusarti found that

Ная

shareholders agree with his opposition to the new net. - China Mall Special.

U.S. made 'incredible

mistake, report says

on

The Australian Omee of the Natural Rubber. Bureau states that the new additive mention- ed consists of à solution of Malayan rubber and power kerosene (paraffin) mixed with bitumen. It was deve- loped by the Victorian Country Roads Board in conjunction with the Bureau.

The bypass is on the section of the Prince's Highway that connects Melbourne with Gee- long 45 miles away. This sec

lon was formerly a two-lane but las had to be highway enlarged to a four-lane divided the rapid motorway owing to growth of Geelong as an ir- dustrial centre. The bypass consists of dun! earrlageways

cach 24 ft. wide, is appro-

ximately seven miles tong, and

cost A £944,500 which includes

The light

the construction of bridges. Two lanes only are now open Washington, July 19. Aviation Week magazino to trafic but the other two are nearing completion and should said today the US. had come into use in July. made "an incredible mis-

rubberised seal take" by abandoning bigh used on the bypass, will enable priority for the develop any weaknesses in the road ment of advanced manned formation lo be discovered be- fore the mure expensive per- aircraft.

munent surface is 101d down. The magazine, commenting

Rubberised bitumen was, select- on the air display in Moscow

which yesterday,

included on the strength of its per- formance elsewhere in Victória powerful new missile-carrying | fur

under adverse conditions and fighters and bumbers, gaid these

The extra heavy tume, new developmints indicated that

the tenacity of

rubberised the Soviet Union was

bitumen and Its resistance relying entirely on ground-to-

bad weuther during toying plr missiles for their nir

helped in overcome the prob- defence."

lems of carrying out the pro gramme in mld winter,

"not

Congress and the US. people should ask why they made the "incredible mistake" of virtual- ly abandoning advanced moaned aircraft development," long be- fore the Interconthientat ballittle missile (1CBM) reach- ed operational reliability and Aechnical reštabilty and technical maturity, the magazine said.--Reuter,

New

York

cotton

New York, July 10,

to

In fact, although, work, was Interrupted by rain and tem- perakires varied, considerably. satisfactory result appears to have been achieved. Tho Cal- ing was completed in less than two days,

was

The consolidated pavement primed with a blend of vertical retort tar and tor oll before sealing with one-eighth of a gallon of rubberised, bitu men per square yard and was then covered with three-eighths basalt chippings..

In earller work carried out with rubberised bitumen, by the Country Roads Board, the rubber additive has generally been in the form of a powder

Colton futuros today strong- added to the bitumen in heater kettles and then loaded to the thened on a quickening sprayer and cut back with tate of activity as buyers | power keroseng. This method responded to

40 approximately. on unex- required pected low government minutes to dissolve and disperse

the rubber powder. estimoto, on plantings for

Late in 1059, the Country the 1981 Eroß:

Ronda Board of Victoria's Although Inte profit - taking laboratories, working in сол- and hedgings whittled part of junction with the Natural the gains, the 1st all, closed | Rubber Bureau, Eegan experi- unchanged to up 15 points. The ments with the development of maricet opened of 10 to up

a rubber solution which would eight palats. New Orleans als perse rapidly and readily in closed unchanged to

11 hot blumen. บท polnits.

This solution WDS inade The estimated acreage of from a specially selected rub- 16,001,000 over compared with ber of known physicni proper- Les treated to γίνε areo 10,000,000 planted last year, buf

flowing solution of standard fell substantially below the viscosity when

in dissolved national 1961

power kerosene. 18,458,000) erts

Laboratory investigation, and Eveling up in the July cop- flold tests Indicated the prac tract ca-featured the trade ticability of much solution. before that delivery expires on The benefits of using they Thursday. Threo, more delivery rubberlied solution are suin-

today notices appeared

and | marlseg nat were promptly stopped by spol (a) Ready Golubility in hot Interests, The open July post- bitumen (as the rubber has pl tion today was 5,000 bales.. ready been dissolved in power

The certicated stock, rose to kerosado); 00.114 bales. with, 2.465 bales awaiting Inspection and micron- aire. The combined total of 14.71

101370 bale.comfuated with અ. 20.00 the previoud posting that Wes- 101penday for 10,517 bales. UPI.

Anglo Indonesian Plant- Ceylon Tea Ord-13 Jinperial Tea Ordlis Kuala Lumpur-Kepong-da. Bd. Lambak Fibber.47% du xd.

Bleuler.

Exchange rates

5,027 16.00

was done in the locat Unofficial exchange market thi moning at the following ratos: 17. stollar (per 31) Sterling moles, (pår 21 Autoren nates (per (1) Inclannylag, riunish,jper 100).. Ham ileals Quer 100) Blazgaporm (Stralis)

allotment

ut

(b) Flexibility of prépara- tion,

The solution, consists of ap- proximately 20 percent or rubber und 80 per tent power kbrosene.

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