1953-09-17 — Page 9

China Mail 德臣西報 中國郵報 All

MESSAGERIES

P.O. Sox $3. Queen's Bldg,

M

THE CHINA MAIL, THURSDAY, SEPTEMBER 17, 1953.

MARITIMES American Economy In Port Of

Tel: 10881.

M

FAST PASSENGER/FREIGHT SERVICE

From Marselles

"LA MARSEILLAISE" 15 Sept. “VIET-NAM

"CAMBODGE"

To Marcelties

Leaves Marseilles

1 Nur, 4 Nat.

"

get.

14 Oct.

Jæsver Hongkong

"LA NARSEILLAISE" 21 Oct,

“YET-NA

"CAMBODGE"

May.

ID Nav.

For

Oct. Yokohama

Torghams

Das Mazarillos Via

1 Dr.

I

Nov.

Be Salgon

11 Dec. Balgon

Vis Marseilles to all Mediterranean & West Attien Forts Via Dibouti to Madagascar.

Frum Europe

"AURAY

FREIGHT SERVICE

Left

Das J.K.

For

Antwerp-27 July

10 Bapt.

Manila & Japan

1 pct.

Manila & Japan

Tepsip & Expan

LAATRO MK.

Del.

!

"IRAQUADDY"

"MONKAY"

............Antwerp-1 Sept.

«+Dunkirk--early Oct,

Lesyen Kestung

Det.

10 Oct.

21 Nov,

To Europe

"COURSEULLES”

"AURAY"

"TRAQUADDY"

12 Nov.

1 Nov. 14 Nov. Balgon, Bingapore, Djibouti, Marseilles, Algiers, Oran, Tanglers,

Casabianps, Le Hawe, Antwerp, Rotterdam & Dunkirk,

Subject to change without notice,

EVERETT

LINES

EVERETT ORIENT LINE Fast regular freight-refrigerator--passenger service to Korca, Japan, Philippines, Indo- Chios, Siam, Malaya, Rangoon, Calcutta and Chittagong.

"BRADEVERETT”

Arrives Salle

Sept. 19 from Singapore.

Sept. 20 for Kobe, Osaka, Nagoya

Yokohama,

"NOREVERETT“

Arrives Balla

Bept, 20 from Manila. Sept. 21 for

Rangoon

Singapore,

&

Penang, Calcutta,

(Accepting cargo for transhipment Kobo/Pusan and Kobe/Okinawa)

EVERETT STAR LINE

Fast regular freight-refrigerator-passenger service to Korea, Japan, Philippines, Indo- China, Slam, Malaya, Colombo, Bombay, Karachi and Persian Gulf Ports.

"STAR BETELGEUSE"

Arrives Sept. 21 from Singapore. Salis

Sept. 22 for Pusan,

Yokohama,

"STAR ALCYONE"

Arrives Salls

Sept. 21 from Japan. Sept. 22

Kobe &

for Singapore, Port Swetten- Madre, ham, Poeng, Colombo, Cochin, Bombay, Karachi, Khorramshahr, Basrah & Bahrein,

(Accepting cargo for transhipament Kobe/Pusan and Hobe/Okinawa)

EVERETT STEAMSHIP CORPORATION S/A

(Incorporated in the Republic of Panams

With Limbed Idability" Queen's Building, Telophone 31206. Chinese Department: Telephone 28293.

CLAIM BY The Rubber

BRITISH

SHIPYARD

London, Sept. 16. An aluminium-alloy All- welded bull, claimed to be the largest ever constructed outside The United States, is now being built at the Beaumaris yard of Saunders-Roe (Anglesey) Ltd.

to The complete vessel, called the Morag Mhor, is a 72-foot lary motor yacht.

trdit She is being British

Co. illustrate and promote the

Aluminku

pileation in ship

of the welding of alloys by the

are process.

be

ap-

The

Markets

saw

Singapore, Sept. 18. rubber market demand poorer with prices cused small Some slightly today. trade and factory orders were Alled but they were lasufcient to stimulate the market. Closing prices were as follows:- No. 1 rubber per lb. Oct. 651-031 8525-83%

November December

No. rubber per b. Oct. 31-03 to. 3 rubber per ib. Det. 611-02 No. 4 rubber per ib. Oct. 5814-581

0415-0412 Spat rubber inhaled

84-25 Blasket crepe

71-73

for the No. 1 pale crepe-United Press.

to

LONDON MARKET

London, Sept. 18. construction

The rubber market was quiet aluminion self-adjusting with No. 1 spot quoted at 19%

Settlement pence per pound. House terms for future were as follows:--

The scantlings of the hull of Khis ocean-going yacht are those which are directly applicable to

No. 1 RSS October November

of shape; hitherto such deck- October/December

houses have all

construction.

been

Nervous & Emotional

Britain And The Schuman Countries

between

The negotiation of the per-

relationship manent the United Kingdom and Schuman Community has

has

Condition

By SYDNEY S. GAMPELL Router's Financial Editor

There were a number of hearish factors for U.S. business during the summer. One may now examine how they were all explained away, and their present statur.

For all one knows, they may all be irrelevant: the outlook for a nervous and emotional economy the depends on whether it keeps its nerve, not on

financial or physical statistics.

for

than

But as turnover was still very low, this is not much to go by. The behaviour of Well Stree. in the neur future is likely to bo very closely watched: an enor- mous lot may depind on 11. Now for some of the teasers:

:

HONGKONG

ready

boer considerably de-

In that senin, the most important or perhaps the layed. The British attitude has been that it could best be con- only important fact may be that in its first hours after ducted after the common Mar-

the Labour Day holiday which may be regarded as ket had been functioning the first hours of the new U.S. business year and of some time, and until recently

Wall Street acted bet. the High Authority of the Com- any trends that may emerge → munity has been very busy ter. with its own problems. prob- lems which were greator had been foreseen and which have been largely overcome. the time for Now, therefore, these discussions

nearly come. Expectations vary, but the High Authority's proposals may well be known this year; ven think by the end of this month.

The brood outlines of the invitation

been have already Inid down by M. Monnet, as the Monthly Statistical Bulletin of the British Iron and

D Federation shows. He desires testrea "not a commercial agreement or a division of markets, but common

netion, common

ob- a basis of

some oven

sponsibilities, rights and

shared on

Sten

equality.

* This is a relation-

kn

which is indeed

B

it, but how far it can bc

achieved will depend on the

solution of several major prob- lems.

reason 10

1.

SHARE MARKET

(From Our Correspondant)

The Korean truce. This did not affect business during the summer, It ha bcon largely discounted in advance.

uld not entail

tail any major demobilisation or reconversion.

offset by Partly rehabilitation of Korca. bearlsh interpretation of

Business done on the Stock would have involved swallowing Lxchange this morning amount-

ed to $260,826.20. U.S. the Moscow thesis that

on wars and prosperity depends simline

nen-productive spending.

the A

U.S.

London Changes

The damage from enemy. air attack suffered by the Port of London during the Second World War has now been largely made good, al- though work remains to be some of the completed on new warehouses, particular

Katharine's Block area, near the badly bumped St. Tower Bridge.

Damage jp

the docks ad-

ministered by the Fort of Lon- was estimated. don Authority for compensation purposes, at £13,500,000, and in addition the damage to public wharves was more than £5m.

vast scheme of reconstruc-

tion, comprising the building of transit sheds and

warehouses and the installation of modern cargo handling equipment, has greatly enhanced the port's facilities, Repair work has beer co-ordinated with scheme of development which is itself in line with plans for re- construction fret put into opera- tion about 20 years ago.

about

As might have been expected. the most cerlous damage was

transit suffered by the

sheds and warehouses, and since some of these buildings were 150 years old the authority has

the opportunity modernise them. About 30 per cent of the warehouses and 25 per cent of transil sheds were elther completely destroyed or

wkén

шке

Noon quoinsertously damaged. lons and the morning's trans- Actions:-

DANKS

lik Bank

East Asia

INSURANCES

Canton Union

Underwriters HK Fire SIPPING

Ava Nav

nocks, ETC.

K. Whart... Provident S'hal Dock Wheelock .. LAND, ETC.

1520 1540

157

210

000

0

150

2:4 EXT

11.50 11.00 2500 11.90 8.00 1.85.2500 * 1.90

700 LT 2

2000 1.AS

All this probably sill hos SHARES DUYERS SELLERS SALES on good.

Nevertheless, the end of ship whic

which has been labelled "not membership

but full a75-

as shooting war does mean some edjustments, and without sociation,"

In principle auch

the Moscow thesis association should be wel-wallowing comed by the United Kingdom, one is still entitled to doubt the

Theory of cominitled to

of the non-stop boom. 2. Industrial production is no longer expanding: The economy, particularly durable goods, cannot indefinitely main CONCESSIONS

lain the dynamism it has shown Both

since the Koren outbreak, some stdes have approach the negotiations in u of the recent boom business han mood to make concessions. The been borrowed from the future. Schuman

Community has al- Perhaps the most reassuring wished to Associate the thing about all this is that it is waya United Kingdom as closely as no truer than it was during the

activity ponsible with itself. The British, summer: the on the other hand, would face have been flattening since May.

formidable competitor

spectation has been, and third markets if they

is, of nothing worse than to co-eperate. There is also a spotty sickening, particularis in automobiles, or “roiling ud- political motive.

steel,justments" where lags in some lines are taken up by new head- way in others.

1

refused

British tariff on The which is now in suspense, was prevent originally imposed to

dumping and the High Au- tharity would presumably have

ADH,

curves

NOT SO STRONG Nevertheles, some motor 10 offer complete safeguards lines do not look so strong as

before ngainst sug)1 practices

- in they

the did

and electricity ils abolition could be consider Chemicals

case

pre-

the best hope for

IIK Hotel HK Land XD S'hai Land.. Humphrey.. UTILITIES

From XD

Poak Tram

(0)

Peak Tram

(N)

72% 7.00

60

1.4715

16

23 1100

23

1000

.. 24 (0

ما

QUICKER MOVEMENT

New and

Improved cargo

Incluiles handling equipment mobile cranes and electric fork- lift trucks to accelerate the movement of stores and freight. To enable this equipment to be unod to

advantage. the bort additional height has been pro vided In the ground storeys and doorways of the transit sheds. particularly on the south side of the King George V Dock.

In the new warehouses at the oid Rum Quay site in the West India Docks traversing roof cranes are now being installed to handle cargo on the rond side of the sheds, and Arst-floor balconies are being bull

new quayside

2400 JPN

facilitate

shed.

on

to

warehouses

and direct leading

ship and unlooding between

programme of An extensive everhaul of lock-gates, includ- 400 9.10 ing the installation of 11 new pairs of gates, has been carried P The

to entrance

the oul. Gallions lower

wer entrance lock at

Star Ferry

21.10

125

C. Light (0)

13

2300 13

Light (NI

Electric XD", 2010

Telephono 21.70

22 1632 @ 21.00

INDUSTRIALS

Cement .... 101 10.30

17.30

COO 21.40 109 13.30

23

23

Rope STOILES, ETC.

Dairy XD 23.40

summer,

are

Watam LCwford

1.50 1300 IN

-1000

5.00

0.0001 6.40

Launchings In British Yards

is

the Royal Docks being re- constructed and the depth of the lock itself is being increased, The

many new

new quayside cranes Include

ude 25 cf five tons capacity and 87 of three tons capacity.

For the rapid discharge of im-

grain ported

new elevators have been

een provided, and two new floating grain elevators, named the John Anderson and the Douglas Ritchie, are now i use; each has a capacity of 210 tons an hour and cost about

150,000.

ed. The British steel industry still going strong, but oil and COTTONS

equipped slee

Textile Corp. 3.53 5.05 3500 44 steet are becoming, buyers' mar- is, however, as well to compete as any in Europe kets and textiles may be going MISCELLANEOUS

Vanjjtsze (0) and would hot enter newolia- that way: Canada complains of Hons in any spirit of undue dumping of U.S. textiles where- "Yangisie (N) 6.10 ilmidity.

as, in the summer, the reports The Brilsh cool Industry is

were of how well the U.S. mills likely to be asked for bigger

were sold forward, cancesalons. The charging of

remarked as is

as an anomaly higher

than domestic export

stic that most

host businessmen feel that prices is barred between mem- their own sales prospects are ber countries, and would

that business as good but sumably be objected to in the whole is likely to slack

slacken

NEW DOCKS PLANNED of an associate: double-

Tis the latter view that is

London, Sept. 10. prices exist also for steel, but

the

of actions action

Since the beginning of the

Because of the expected in- crease in the size of ships, the are probably less important in colouring

businessmen: predominantly, year 30 vossc is Aggregains that care. When the High Au-

they are being cautious about 242,558 grose lops have been

authority plans to provide sub- thority publishes its terms, forward commitments. Unless launched

stantial further quayage as near the Clyde some on theso and the many other

asiried to extremes, caution is 8,000 tons less than in the like as possible to the existing in- problems will have to be faced.

next 10 stallations within the continuance of [ period of 1052. But they can at least then be

the boom, it is what kept the. On the Tyne, the Burmah years, and it has acquired land discussed in the light of deined

boom going throughout the

this Sapphire of 5,000

t

purpose. The exact form terms which will prove the

postwar

period.

of the development has not yet U.S. business (d:adweight 8,500 tons) has been validity both of current hopes

Swan, by

been decided, but the authority two large cars. The Financials on a lightrope, which it has completed and

Intends tobulld for negollated magnificently so Times.

FARM INCOMES Jur. and Wigham Richardson

the Burmah Of Company and dlocks north of the Royal group Albert, and 3. Farm incomes have turned the 18,000-ton d.w. Turbo- (Victoria, Royal

n tidal downwards. This highly im electric tanker Helix will soon

King George V) with portant fector has already been be ready for the Anglo-Saxon Hence the authority's objection probably dry docks. exhaustively discussed, part Petroleum Company. cularly in

In Tyne launchings, regard to wheat.

how to the development plan of the implement makers and

mooth ever, the emphasis this

county borough of West Ham. others who well to farmers are will bo on cargo

ships, of stated at the recent publie In- already worst hil. Even that which three will be launched, fact is two-sided. Chicago, Sept. 10.

Burmth Oll Co. have also On the one band, the stucken rather than tankers. Prices of grain futures closed

.of delivery

another ang in those lines has not eroded taken today as follows:-

the 8,250-2cm d.w: Wheat (No. 2, red. per bushel general business activity; on the tanker,

Cam- hand it may have been an Burmah Star, from the in cents)

in Birken- important factor in the weaken- mell Laird yards

sentiment, head. ing of Wall Street which is a major determinant

Grain Prices

In Chicago

Spot

September

16324(1)

December

March (1054)

2015-303?

1914-191

May July

100-1044

1914-199

10-19

Spot

101-10

deckhouses and superstructures Decembe

rivoled Jamiary/March

April/June saction. July/September

United Prew AMSTERDAM MARKET

Amsterdamn, Sept. 18, The rubber market was quiet. the Prices closed as follows:---

A full-size midship

of the yacht is being displayed

at the Engineering, Marine and Welding Exhibition in London.

display Also British Aluminium Co's stand

on

will be an will welded slumilan No. 1 ribber per lb. desthouse which will vetnilyo, rubber per 1b.

Attod to

be

A

Clan

atcamer now building at the No. 1 crepe rubber yard of the Grammock Dociryard Co China Mail Special.

101

18716

1924-44

1034-36 10493-12 187

Corn (No. 2, yellow, per bushel

in cents)

September December March (1054) Mao

Bre-(Prices

cents)

buyers 'Oats (Prices

Line No. 3 rubber per lb.

United Press. NEW YORK MARKET

New York, Sept. 16. Rubber futures closings were

London Foreign Exchange

How York

Montreal Amsterdam

Zurich

Copétálunger

cubokholin Zabon Deutsche Mark Blockech Mark

London, Sept. 16. 2.75-1-2.75-1 100%-20.003; 100-150

10 0015-00.005

1924-193

7075-80.10- 11.67%-11/09 1513-10 United Prem.

na follows:-

December

March (1994)

Sury July

eptember Scember

107A

13046-15 14012

14834-46

IM

per

bushel

рег

far.

with

Hross

ions

Hunter

Henc

and

accom

Drop In Tonnage Laid Down In British Shipyards

According to returns compiled by the Ad- miralty and included in the current issue of the Government's "Monthly Digest of Statistics," the volume, of tonnage laid down in July in shipyards of the United Kingdom and Northern Ireland was less than half the June figure,*:

werd

1930,

At 61,000 gross tons; It was the lowest monthly total since August, 1952, when 59,000 tons. were laid down.

There

also declines, gross toni at January 31, 1940, compared with June, in the ton- was reduced to very small pro- and had nage completed and the amount portions during 1050 under construction at the end of "appeared" by this year. the month.

20, Since February Canadian owners have per- Despite the decrease in tonmanently transferred some of nage of vessels of 100 grom tone their ships to United Kingdom and over, laid clown in July registry. At the end of July, compared with June, when the the umount of such tounage was

the 450,000 gross tons, figure was 125,000 tons, amount for export was greater -24,000 tona compared with 15,000 tons. There was also on increase, amounting to 20,000 tons, In vessels completed for export.

Admiralty statistics relating to veeteis of 1,000 gross tons and ove

11 show declines

the volume of tanker tonnage lald

and under down. completed construction at the end of July compared willi June, although there were increases in tonnage.

and Inid down

completed for export.

More non-tanker tonnage was lold down and completed, but the volume under construction

T

Wall St. Extends

Previous

Day's Rally

New York, Sept. 16. Wall Street today extend-

at the end of the month wased Tuesday's rally as over- ·

slightly lower than in June.

TANKERS BUILDING

night buying orders attract-

ed by the rally poured into made for Tanker tonnoge laid down, the market and

below 1,000 advances ranging up to one exclusing vess:is tons, is shown as 27,000 ions point or better.

(18,000 for export) compared The Dow Jones Indústrial with 80,000 tons (12,000 tons) average wos up 1.40, Ralls 0.80 In June. There were

completed

eted and utilities. .03.

69,000 tons (33,000 tons) against Of the 1,120 stocks denit in £2.000 tons (21,000 lons), and on Die Exchange today, 747

construction issues finished with amount under

advances, ay the end of the month was 185 declines and 217 remained

(408,000 tons) unchanged from Tuesday. 1,135,000 tons compared with 1,187.000 tons

Among the most active stocks (438,000) in June.

were New York Central, which vessels under construc- closed at $20, compared with. tion at the end of July amounted $19% yesterday,”

States United

Other

which

WOB

to 752,000 tons (173,000 tons for Steel at $347% compared with export), whereas the June total $341, Canadian Pacine at was 757,000 tons (180,000 tons).

and against

General There were laid down in July. Moters at

as compared 32,000 tons

(8,000 tons) com-with $54% the previous day. pared with 30,000 tons (nil) in

business, Moll of the me, and

completed totalled 1,570,000 shares, vessels June.

in to 30,000 lans (10,000 transacted amounted

the morning compared with 31.000 tons session, but the quietness in the tons)

afternoon did (2,000 tons).

not impair the firm, Tonnage undergoing repair or tone and the close was conversion in United Kingdom with values at around the day's porta at the end of July was the best levels.

Rails continued lowest to have been slic000 good leadership, while aircrafts provide these. returns. At 1,848,000

10

tons, it compares with 2,023,000 were popular, with demand

At the end of June,

and

| attracted by a statement by the

Wright Corporation's only on two other occasions in Curtiss recent years has the figure been chairman that the recent cut- below

2,000,000 tons; In backs and changes in the Ad- February, 1952, the -total-wa-ministration's aircraft procure- given

1,049,000, and in mont programmé had not hurt November, 1950, as ∙1,885,009 | the aircraft industryzje

Wall Street's sentiment was tons.

ther aided by the Secretary further

TOTAL VOLUME

Returns

complied

by

of Treasury, the endorsement

Mr Humphrey's

of the tax cut

Ministry of Transport show that policies and his view of the

volume brulness outlook for the next 12

at the end of July the

of merchant shipping registered months. He said he saw no

Commonwealth in the British

rensen to expect a calamity or was 19,803,000 gross tons,·ött even ony great difficulty increase of 90,000 tons compared China Mail Special. with the June total. The figure

on September 18,008,000 tone.

3, 1939.

Was

Tonnage of vessels of 1,600 New York Sugar,

tona

in

Lon-

in this

Futures

New York, Sept. 18. World No 4 sugar futures closed today unchanged 10 two points higher with sales of 410 contracts,

Domestic No.6. Bugar futures

Tiner. 452,000 tons in Some contract No. 4 (word)

tons et

Jan

owners Society, who believe (gures for tanker tonnage were July

19

Corresponding March (3,007,000 tons) Sept.

1054

In the that the Royal group nearest dock system to the Clly 4,570,000 tons

and 105,000 tons (109,000 tons) Spot-(cents per 16. fob of London which capablo

Contract No. working on other Commonwealth regis Cuba) and accepting of

ters,

Nor. Fan. 1954 March liners.

115

com

9.25

4.37

2.50 bid

gross tons and over registered

n: the British Commonwealth the end of July aggregated 16,870,000 tons, compared with the June figure of 18,787,000 tons. Tonnage at the beginning of the Second World War was 17,534,000 tons, the latter figure including Irish Republ nage, which is now excluded.

Nen-tanker tonnage quid Waverley, chairman of category at the end of July was closed unchanged to two points

14,155,000

(as against higher with sales of 114 con- at the in- the authority, said

14,352,000 tons on September 3, tracls, Both markets continued ed to reflect a brondoning demand 1039). Tanker tennage total for refined sugar with expected quiry that dock business in any Europe large port in western

4,741,000 tons (3.172.000 tons).

Non-Lanker tonnage of 1,600 pick-up lo demand for raws na was highly competitive and that the Port of London Authority

Ualled nervousness over the threatened it

gross tons and over on absolutely

Kingdom and Colonial registers East Cost doat workers' strike regarded

Future", closed to

provide On the Wear clivity has

12.525,000 tons continued. in July was for cargo

Follows of the general business outlook been brisk: the P.100-ton Jersey matton

to increase | UN was launched by Willam Alles

size tended whose as well as a reflection of it.

This is also the 1939), and on other all the time. There may be some weakness Doxford for Marel Ltd, Lon- wit the

(000,000 tona). in the secular trend as well as don, and Short Bros. Munched view of the London Ship-wealth registers 1,810,000 in other trends. Farmers, like the 9,850-ten North Queen for most other people, have caught Mr A. G. Papadakis, London. up on the arrears of demand for China Mail Special. new equipment that bullt up

Even in during the war.

incomes, maintained would have gone on to a ro 207

Wou

would 1111

placement basis which bushel in have reduced their purchases of equipment. The downtrend in

London, Sept. 10. 7222

A

million further £1 thoir incomes aggravates the 2396-16

being spend this year on re- bushel slackening.

On the other hand,, with

habilitation and re-equipment incomos

of the Humber ports, according they maintained

would probably have maintain to Sir Reginald Hill, Chairman ed their total spending by en- of the Dock and Inland Water larging

purchasoo of waye Executive. This would £4 million things other than new equip be in addition to In ment.

day with wheat inking over the was 104,000 tons (64,000 tons It la extraordinarily spent up to the end of last

lead on the upeldo. Import pre-war), of which there were, difficult to size up. Caution is year.

U.K. or

Colonial that itema Sir Reginald added

as traders on were quiet advisable, and is being clearly

in the 90,000 tons Doris was in awaited developments trade at the observed Router.

East

dock Coast creasing: last year there had throatenad

gisters

14,000 tons (7,000 tone), Spot fell £2% to £300 and been, o 114 per cent Increase in werkers etrico.

The above "Agures excluded three-months, Un remained un Buoyancy in wheat reflected Frame and a 28 per cent in-

bare changed at £800 per long tọn, and foreign-owned vessels on tonnage commission house buying croaso in thipping compared with. 1048, 130 X- short-covering in the face of boat charter or requisition, and Closing prices at the end of miscellaneous craft. Vessels on the unofficial session in the Business was done in the local pected donangoo at the Humber ilmited offerings.

the United Kingdom register on afternoon were as follow At: Chiengu, weed closed up market this ports this year to reaphy 10

Soybeansbaretest charter from Canada Spot tiri, buyera" million compared with just 4% to 34 Dends.

vellers

B01 1000 under 17 million last year, were un 2% to four center hava, been treated as having

tho on

Canadian Three-month 'tin, buyers 589 At

wincat was remained Winnipeg, 20.10 Aiready by August 9 they ind

sellers -590 13.70 reached

priced 1934 cents per register. This tonnage, which

United bushel-United. Press.

reached a peak Agure ot. 209,000

September

December

1.87

cente)

180 September

1.79 Discraber

2.00 Bogbeana-(Prices in-cents)

per

Spot

25h nominal

September

November

JERITY (1964)

Mareti

MAY 23.15 bid

29.16 bid

23.10 bid

Spot 33.10 bid

23.10 bid

130-105 New York flour, 300 . sack, $13.50 nom-Unked. Prese.

2330 bin -United Pres.

Copra Quotation

New Work, Sept. 10. Copra was nominally quoted today at $187.50 per short ton, of Pacino Const, Cocount oil was. qited it 144 cents par pound, for nearby shipment, cit West Coast United Press.

2833 204f 25314-15 Barley (Prico per bushel

cents)

JAPANESE BONDS

London, Sept. 16..

(de of 1009)

Japanese bonds.

of ploj

of 100T

H (40

*C (0€

(D

DE 1994)

their

they

Exchange Rates

Lordea

J

∙13434 | morning at the fulllowing rutan Şik

13. dollar (per #1)

1601Rterling notes (per. £1

103

Indonesian guildor (per 100) "F" (Tokya by1⁄2% of 1928; “G” (Tokyo Be” of 1913)

Blom teal" (per, 190) Console

0116 Bingapora (Rizalia) United Press.

Indar china plasters (per 100)

0.01

Humber Ports' adequately ge modern cargo

Recovery

11,500,000, Ching

Mall Special

May

¡Boot.

Bpot-cents per lb, kif NY

"ex-dock)

COLONIAL REGISTEUS Non-tankor tonnage botween July 500 and 1,809 groso dons in July Nov.

.to 823,000 16hs of tons (1,020,000

pre-war)

(361,000 which 457,000 tons tons), were on UK. or Colonial registers, and

100,000 tons

other $159,000 tona) on

registers, total for tanker tonnago

Commodities Inmounted

America

New York, Sept. 10, Strength In: grains dominated monwealth the commodity price.picture to

on

registers

othe00ealth

and го

LONDON TIN MARKET

London, Sept 10.

The lin market was steady.

605

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