1955-11-22 — Page 9

TRADE

THE CHINA MAIL, TUESDAY, NOVEMBER 22, 1955.

and

Material Wealth Does

COTTON MARKETS

Two-Pronged Price Movement

New York, Nov. 21. Calton traders today watched a two-pronged price movement as trading moved

along at a

slower pace.

While the nearby Derembes delivery maintained a govt-12

nin most of the day, the uter!

Inwert Just Ions

remained on the deter sive

At the rio e thy list ruded an Bb down 12 points The as ket

65 73. New Go to Orleans Phael up 8 10 BMO 13.

Auf Bhul week D. hedges pus reuleing A

-El buyers. TV whi

anel spatial purshares of December operated oko 1887 alle La 1956 BUS

December responded to payer - bug beface Thrt ei+ 10 Wednesday 211

1!10

Thanksgiving Day holiday

Trasex15 feel few, if in.tal trode:

Raise Living Standards

COMMERCE

Not

WORLD

RUBBER MARKETS

New York, Nov, 21. Rubber futures toddy closed. 85 to 110 pulate higher with

MORE THOUGHT MUST sales of 384 contracts.

BE GIVEN TO PROBLEM

From Ronald Boxall

London, Nov. 21.

Few problems in modern times have been more discussed and less understood than that of bridging the gap between the standards of life in the industrialised Western countries and the backward or under-developed regions of the world.

Commission

house brokers

and trade interesis,

taking n むし込む from strength of the Lunden-Singapore markets were

uctive buyers, although part of the

gain was whittled down al the close on realising sales.

002) -

The spot market remained on the quiet site. A lille between- takr business passed, but

manufacturers ges.crn'ly t.nuc:t to mark time and operate or a fil-in basis,

Anticipating the domtsilec con- sumption Agures later in thu week, some

traders started guess what they might be, The rur ged from 130,000 to 130,000 tons. This would Coll pare with 127,000 from used in

Septembe. Guesses wer; made

SECTION

DU PONT

PONT LEADS

Britain's Adverse DU

October Balance N. YORK DOWN

London, Nov. 21. Figures: for Kritain's overzens trade for October wned today by the Board of Trade show an adverso balance of £32,800,900 for the menih.

The figure in £300,000 more than that given in provisions! totals Lasted

November

10 and compares with £50,700,000 September and

on

Fr

in

Average

of £75,100,000 fer the first fine months

of 1955. Comparable

Ogures

for, 1980 £80.300.000Bester,

HONGKONG

STOCK EXCHANGE

(From Our Correspondent)

Business Jone on the Hong- konk Stock Exchange this

No Stock

Split

New York, Nov. 21.

Prices on the stock market dropped fractions to more than a point today with Du Pont common stock leading the way.

The market met its most selling when Du Pont directors took no action to split the stock as Wall Street anticipated.

Swift & Co.