1958-04-10 — Page 9

China Mail 德臣西報 中國郵報 All

RANSPORTATION

JAL APPLIES FOR

L.A. RIGHTS

A

~ THE CHINA MAIL,

THURSDAY, APRIL 10, 1958.

TRADE

and

New York Stock Market

The

SUCCESS OF

THE VISCOUNTS

Tokyo, Apr. 9.

London, Apr. 9. MERICAN and Japan-THE Indian Airlines Cor- Mee Civil aviation - Tom ve

first details of the success Viscount of their Vickers Jet-prop operations which started on October 10, 1957.

eins met in Tokyo today to discuss Japan Air Lines' ap- plication for trafic rights into Los Angeles.

rights i enjoys JALL already to San Francisco and Seattle but finds that for tony, of the 20,000 trans-Pacifle passengers carried last year, Los Angeles, would have been a more von- venient terminal,

ter-

At kast 25 pereat of there passengers originated o inimeted in Los Angeles

NWA REPORTS

RECORD PROFIT

A

St Paul, Apr. 9. RECORD profit from operations and sute of property in 1957 was holined by Northwest Air- lines, Inc., in its annua! re- port to shareowners.

an-

"Northwest's 31st year, 1957, wa proftable -

Year compteling 15 years of suveens- Ju international operations, re- word verty

expanded services," mild President Donal W. Nyrop.

"Evidence of the popularity, t the Viscount and the compli-

mi to s passenger syspeal" says Ure report is revealed le the fact that up to December 31, 1957, some 16,242 passengers had flown in 1.A.C. Visants.

"Kyrr se the first Visentant was put to service Delhi-Cileulla-Bungnon.

the

rou

tae hus hero a steady climb in passenger figures. This pro- gressive trend has been notice-

routes able on the other which Viserumts wore sequently introduced."

SIGNIFICANT

Visenunts were

the

put on Bombay-Delhi Toute on Novent ber 11, and in December 4.000 pasrengers were carried-an in- Creas of 1,591 passengers ຕາ Deemaner af 1958.

"It is significant adds LAC. "That In December 1938 Hese Frastes were operated in Vickers VRings with a seating topicity (both ways) of 54, where;s liab Vasement offer 18 seals.

capact-

Despite this Increased

factor Jez ely the lont

imalist heth with an ovetare

65

increase of Passenger traffe."

per

The company reported a set profit after tages of $4.811,971

$0.56 r share in 1957, com-

On the Bombay-Karachi route pared with 52.48 per dure the parsanger inerrace has brem

bren 105. Total upeating revenues | tamsinger torriase hus were $3,132.404, an fnetense of substantial sane the Viscounts 9.1 per cent

were put on the rin. In De

over 1956, while

operating -expenses inerevstalcomber the increase was 103 per

the

27:143

$29.941016.

percentage,

10

"Notwithstanding: the rising cost of labor and materiais, the expansion of service, Northwest miceceded by exerci » Stript expense conten reducing 1 vut per available

rent.

Op the Bombay-Madres- Colombo route the hitroduction of Viscounts increased traffte in the Brat 10 days of turbo-proj

operation day 42 per cent.

zon mile to 27.43 cents NAUR SKIMMING FUEL

told sharrownors, "This is a arduction of 2.6 per cent fram 28.15 cents in the year 1956."

Nit worth of the commpby

£ from $21.79 per share in

1930 to $24,015 in 1937, fur

a

tot of $33,065,292. Thr: Carn-

Carpin

from itarreased $0.500,330 in 1956 in $12,057,070 In 1955, the cagital surplus increase!

56.246,750 to 40,813,847 in 1957.

The company's 34,818.971 et includes $2.920,095 from the sole of airplanes, spare parts and engias, and $1,889,876 net operating proft after EXPRES dexiveting operating

the total 1957 and taxes from operating

profit gue

In

$83,432,404,

revenue

"THE Tala

TANKS DEVELOPED

TH

London, Apr. 8.

THE British subsidiary of Canadian entnpaniy petroleum

"

manufacturing and oil marketing equip- inent, have developed at the request of one of the major oil companies a floating suction unit,

With the advent of the turbo- pre alreraft came problems of of teel certamination and the de- vice was developed in 4 heh. G revendich and 8 inch hore sizes to skin the surther of the Turtin the settling tanke.

tut Northwest will order juk aircraft

the during

seron:1. quarter <f this year, adting.

that good delivery poshtons

This has resulted in a great reduction in settling Ume and

Ta medium and long-range has been adopted as standinte

jote neo nvailable to the coni- Juny in 14:1,"

|

tauks

Wutni to aviation fuel storage by military, and civil

In 1967 Northwest put luto authorities. scrvivo 15 13233 four-engine

units these

10

New York, Apr. 9. Late profit-taking pared gains in the stock market| today. The market during most of the session favoured the upside by a wide margin, but late: in the day gave ground with Du Pont losing more than 2 points and Texas & Pacific more than 3.

<1 л

The market finished higher | Publieker Induritie

Pure Olle with gains of Radio Corisation on balance,

fairly numerous; jepublic Steef poltit or met in the list. The

steels, em Heysoula Melal

Seun, Hoebuck & Li, carlier in the session, weret shell Out Co. ..... nixed at the close. Chemical Hein Rex. Paper

closed also

Somewhat Sinclair Oil

Socony Mo Solar Aircraft Eagged note.

The rally, which came in the South Puerto Rico Bugar

Sucthem Co. (Ther wirke vi ninu ensecutive Southern National Cias

ssichs of decine, has been Southern Railway (Com.)

Standard Bund Samo described technical."

Standard Oll at Ca' favourable ectuemie end cor.

Standard of ind, purate developments also help Standard Oil of NJ.

Sleep Rock ed to shore up market sentiment,

GOOD YEAR

The thug toeks, which look forward to a goud year in 1956, food out on the upside with Lumerous guins of à point ar mort, Steels were firm with the It last | exception of Lakers,

more than 2 points at its low on nor castings and a dividend nit

Olls rose Standard

fractionally, with

Sterling Drug Co.

Stokely-Vans Chimp,

Studebaker-Packard Carp Sunduine Mining

Swift & Co.

Texas C

יד

י!

COMMERCE SECTION

HONGKONG STOCK EXCHANGE

Our Own Correspondent

Business done on the Hong- kong Sluck Excltange this morn Ing amounted to approximately $900,000. Noon quotations and the morning's tractions were:

Share

8ie༣ Slayere Hellers, BANKS

130 185 735

SUCCESS OF BRITISH W. German

CARS IN USA

London, Apr. 9.

The Financial Times, commenting on the success of: British car exports to the United States, "Today advanced the theory that the recession

may have helped to bring this about.

NEW YORK

COTTON MARKET

New York, Apr. 9.

futures

over

to

Cotton

today switched

the recovery track, halting a previous four-day declino, Finishing jus a shade under the day's best levels the st Tuled 14 to 20 points higher at 93.7n the Anul gong. The market open- 4000 23.86ed up 2 le 6 points, New Orleans

closed 14 to 17 polits,

29.

BK Bank

+

***

*>

Basi Asto

304

INSURANCES

Lombard

32.7A

SHIPPING

Wielek

8.20 30 3000 4.20

11434

DOCKS, ETC.

153

K. Whart XD 104

100

105

Dock XD

20

Providen!

XD

37

LAND, ETC

337

Hole!

17:4

13 ++ 400 43.00

500 11.40 11.30 11.40

17.30 1750 3000 11.46 1500 13.40

RK Land..

33 33 50 1439 33

11003314

Ileally

1.473

REDER

31

Amalg

Trust XD..

1.3 1.323 14008 # 1.10

A. Tawah.

33 v 109 4

1301 1.10

UTILITIES

Tram

23.70 4000 1300 23.70

18.0

2 Star Ferry

Youmat! XD) 92.30

317 .64

*CO

$33

C. Light.. 17.50 1700 1500

PEGA

26

Electric

20.70 20.00

Tel.

25.30 20.60

500 201

500 $249

500 tanú

Warner Bran.

100%

Westinghoup Electra

Western Colon Tet. to. West Va. Pulp & Paper Woolworth

124

INDUSTRIALS Cement 20.45 STORES, ETC. Dairy

17.20 17:30

Tufted Press.

Watsont

4.

11

C.

3.50

Textima the

Tide Water Asan. Oll Time Ine

Twentieth century Yas Filin Unian Car

Unlea Pagile Railway

nites Areraft

United Gas Ceep,

U FOR "B

U.S. Gyp

U.S. Lry Co. Dil of California | U.S. Rubber

Aut. Hetting high.

further <1/1

touching n new inched ahead! cvidence

of improveri

sales.

Tyre stucks, went along for the rise. with Phestene up wound a point is high.

set by a New highs were

including isturs, ud Tunber

American American Can,

American Biscos, Telephone, Clark Equipment, ELM

and Carp Greybium, Ritier Standard Oil of California,

Today's volume WEN 2,040,000 shares. Of a total 1,142 issues traded, 498 were higher and 374 lower.

Exchunge American Stock volume was 650,000 shares,

Bondi yolume was $3,010,000. Dow-Jetes chong ave. UNES

30 st.5

21

15 nRes

441 00

102.57

74.70

150.95

27

Comm. Euture price index.

150.35

f Rucks

40 bonds

Closing Prices

Alled heneina

All Chamta

Alden Inc. Acy,

1345

Ad MB 19

2716

Am. & Pure, Power

10+

American Cable & Studio

L'orp

A trake Slide

American Ale

Aiatrican Cyanand Co Am. Gas & Electric

A Mach. & Fdry. American

American Sinetting Am. Sugar Itut. America Tei & Tel Amerten Tub, "" Avaconda Copper Atheo Steel

Nouir e Attus Chay. Attitu Haldwin-no-far.

& Chil

Bendix Aviation Cant.

Benguet CONTA Bethlene Ste-1 foxin- Airplane Borden Pael Cu

Burroughs Add Machine"

Canule Sun to. Caundian Pacific R.

Cut. Tractor... Lelang

AEG 13, 1.) Co. T.CA. In the new routen the Vickers Viscount

Doughg

Currently aereplies eight

being supplied DC-61. DC-7C's and seven

The Canuda

where six more

4271

The remninter planes in

$58,000,000 zier

DC-TC's

and three more airliners are in operation,

DC's will be tervite

by the end of May, 1958.

THE

BOEING 707

IS OFFERED

The company are co-operating with, and assisting the oll in- dustry and the major oil com- puntes in analysing cud In vestigating reported Instances of "hydrille shock".

NEW COMET

SPECIAL delegation of ALMOST READY

Buenos Aires, Apr. 9.

A

ing Aircraft Corporation

executives of the Boo-

arrived here last night to

THE

London, Apr. 10.

first of the new

ofer the Boeing 707 jet and Comet jet airliners is other passenger airliner to Argentine state-owned and almost finished. private air services.

Floancial Corp. e Manhat. Bank Chrysler MIOTY Chartt Peabody .. Colgate-Palmolive Gom Cumbian Carbon Co Commercial Creuit Comatenwealth Elec Contoltuated Fallen Continental Or Del. Crown Zellerbach Cuban Amer. Sugar Dürend Akali

Dunand Match Co. Dow Chemicals ..... Dupont de Nemours Eastern Airline

Patinan Kodak

El Paso National Gos Family Face Corp. Firestone Tyre & Rubbe Ford Motor

General Eleciate

Ceartal Foods General Motor Gen. Pub. Util Gctly Oil Cildura Co

Any day Goodricks (B. F.) Co. now the doors of the 700ft.-

The men said they intended long assembly hall at Hat-

to offer the Boeing long, medium field will open for the Comet

and short-range airliners to to be taken out to begin its Aerolineas Argentinas and other ground test).

lines, but the present visit was

in accordance with a suggestion

made by the Argentine Air 1500 mply four-jet airplane will Ministry and not on Invitation be handed over lo de Havilland from Aerolineas-United Press.

chief lest plot John Cunning- hum för its frst light.

SUDDEN URGE

TO SEE JAPAN

TESTS DONE

Cunningham has already had efielais of the Air talks with Registration Board about the air tests that have to be com

Comet INGAPORE housewives pleted before the new

Singapore, Apr. 10.

Goodyear Tyre Culf of

Homestake Mining Co. favervoll-Band

Tela Steel Cor Interchem leat Cury)

In17 Boriners Machines

Int'l Harvrater International Mickel

Lone Star Cement Co.

Low & Sana. McDonnell

Airemit

Stock Exge. Merah Iron Corp.

Minna Mafung

Silsden Development

ponto che u

Mtgavery

U.S. Stel

GATT Talks

In Geneva Next Week

The

Geneva, Apr. 9.

Inter sessional - -Committee-of-the_General Agreement. on Tariffs and Trade will meet here on April 14-for-important discussions.

Siperre

1305

800 17.03

500 17.0

2000 17.53

20420.

Traders found little in the news to account for the change,

Generally, it was attributed to lechnical correction and a sub

Exports Of Chemical

Products

West

chomicbl "While in no way welcoming the decline in United States activity, it is hard to avoid the conclusion that the headway European made by

exporters set the (of ears) Detroit is a much helped hindered by the recession

has

CxNse

of

رافية

10

Frankfurt, Apr. 9. Germain axports of in- products creased to 4,500 million D-marke Tast year,

15 per cont' more than in 1986, according to final figures issued by the Association of the West Gormon Chemical In-. dustry.

date, this London daily anid.

"For

the changed climate brought a hitherto un- of economy in known mood

of the United States consumer, and it is this your mood that sales of the economy cars.

the

Habits

Hay

The Bercare was about the *ome as in the two previous

Chemical

exports

cent of stimulated counted for 20 per

the overall saler of chemical "It is, of course, clear Hatods and for 12.5 per cent of

lotul West German exports. should the recession ticeome a

Exports to oversean countrie! depression, even these sales will almost regained their show a sharp decline.

pre-war volume. They reprezented "But if it does not, the reces-

30 per cent of all nearly sien tek may have helped European exporters to catablish exports of chemien products.

compared with 40 themselves in a market that at before the war. one ilme seemed unaimollable.”

This development was largely China Mall Special.

due to the rise in salta North

Cental America which increased 62 million D- marks to 421 milion D-marks last year.

rond te skicace of NEW YORK

100 2400

2000 20,40

jus prensare.

Furthe heavy and unwanted rales over Texter and Oklahoma euncion sections routed fresh

$60, 20.50 over the lengthening delay fa

W2 In

500

RUBBER MARKET

SUCCESS

א!

cant

10

The development of chemical the United Stale: exports lo

the was especially successful, Assoctaiton oid. They rose by Rex rubber futures today 20 per cent to 246 on D-

selling the erop off to a good i 27 40 17.40 start. 150 17 20 Evening-ip ja

May the Hirst notice 2801550 Contracts before

WH". i 2000 15.50 cday, April 24.

The 3.30 | telbuting feature. 3.60

position in May today totalled 152,100 ales. The certifeated slock renuined at 25,852 bales, Itaw colion exports today bringing totalled 23,748 ales, total for the season to 4,103,805 Unley bales against 5,508,344

LONDON STOCK MARKET

New York, Apr. 9.

closed 15 points higher marks led year, with sales of 26 contracts,

ZAAN

Th

20.70

20.75

21.70

20.70

con-

open

Muy

July

Sept.

Nbv.

Ju

Mar

May

Standard contemet

points higher with ro

reported.

May

20.65

July

$6.65

Sepl.

26.75

15.30 152,100

Volume Open Interest

Nov.

20.75

Jan,

ARTCAK

108,200.

20.75

10,300 128,000

17900

9.00

344,000

London

| shipped To the same time Jast New to the year, according York Cotton Exchange.

Month

London, Apr. 9. Old Consols and Wor Loun

today both gained £4 MAY "and" "the" ̄ ̄ ̄railway.........”no” “Jah Oel tionalisation stock gained | Dee. 3/0.

Leading industrins showed July, numerous small rises of 34 Od. Assoelated Electrical In-

11.100

(1.700 $35,000

1

Exports to Ala rost by 78 million to 488 million B-marks China last year. Sales to were

Well

maintain a exports to Japan aud India

Buk

showed declines. Exporis lo Africa Increased to 223 million elered by 72 million

sales D-marks in 1957. Egypt regain- ed her position as best customer, About 2,750 million D-marks worth of chemigal goodt wero buyers. exported to European primarily 10 Holland. Italy,

Steadiness reflected the higher Switzerland, France and Aus

where trend

Ladetrin. sources reported Russin in-

7,1

10 Total

73,006 1,030,700 bale, quiries, NEW YORK

A principal point that will be discussed concerts the rear-dustries were active, stimutinted cussions of the Europera Eennomic Community on world 'Inde..

Because of the Importance of the aiscumion regarding The Common Market, the Committee will be composed of the int Had GATT 42% countries.

1024

411

43

membershi

by the encouraging atıüöl": Prices of cutton futures closed neeling, and gained a shilling. today as follows;

Spot Rained 2/6 und Hudsony Bay there were sealtered rises.

May

July

It was another dle day

Olla were strong with Royal Dutch up 474., Shell stp 2/0 and British Petroleurs 1/3.

AST.

May

in

July

JO

Chemical imports rose by 21

cent to 1,020 million Domestic consumer interest | D-murka last year,China Mall remained indifferent.

Limited sales in the shipment

Included a small tun-

al 31% out ot

of three browns April, May, Indonesia. Spot No. 1 Rss was

market

50.00

nage

35.97

cents,

36.23

36.47

D1

26.4

30.29

of 37toreign bonds, no movements at

NEW ORLEANS all In Germans, Japanese Chinese

Prices of cotton futures closed were Dollar stocks

bit today as follows: higher

their but

premium cased 1/4 to 4% per cent. United Press.

The Committee will consider the report of a worlder party 174 which was established to study the problems raised by the As- sociation of Overseas Territorios 132 | with the European Economie Community for the trade of other member-states-of GATT.

23

372

I was expected to almɔ take

nellen for the detallest study of

the Rome Treaty in fields of 072 agriculture quaniltailve, import

2301

as restrictions and tariffs.

201 Rome

The

maliers win

а

New York Sugar

Market

Now York, Apr. 9. arise for direussion World No. 4 sugar futures

Treaty

13

probably

한테

The

during

48 April 21.

week bogirming

15

The Fession 404 expected to last about three

weeks. China Mall Special,

431

35

The Exports

Payments Insurance

Sydney, Apr. 9.

The Export Payments In

closed today 4 to 9 points

The domestic No. 6 contract closed unchanged to 6 polnis of 170 con- higher with sales tracts.

quoted at 20 cents.

SINGAPORE

The market opened slightly bigher and ruled, qulet round the previous levels again with main interest centred on April Res which widened out to half- cent premium.

Special.

A Surplus

Of Newsprint?

St Johns, Apr. 0.

Mr E. M. Little, president of the Anglo-Newfoundland Deve- There was a slightly

lopment Company, announced in but selective enquiry for lower the company's report issued today

better

Sput

31.03

May

35.05

July

36.21

grades.

Ot

34.47

Futures:

Jes

31.77

No. 1 rubber per lb. April

7716-7TAL

36-07-

May July

3091

Na.mubber per 1. April

30 2:0

No. 1

No. 4

LIVERPOOL

future closings, 1

Spot rubber unbaled " Blanket crepe

Collon

pence per lb. were as follows;

American Contract

Mayung

July/Aug. DEV/Nov.

2688 A83

No. 1 pale erepe.....

LONDON

7214-73

3712-773 02-045 7816-801%

The rubber market was steady with spot quoted at. 21 per 1b. Prices:

perec

2014-23%

2014-2016

2314-21%

231)-2316

2011-23-11

2236-271

22-2216

General Innekels, est basin, porta:

26.

Dec/Jn.

Mar/Apr.

26.40

higher with rules of 772 contracts.

May/June

Mixed Contract

**Rettlement house ferint May

June

May/June

July/Aug.

July/Sept.

Oct/Dec.

Oct/Nor

Dec/Jan.

| Job/Star.

_MIT/ADF.

26 3

May/June

Apr.

May

SAO PAULO

lune

Estate crepe thin Apr.

future closinga, In Cotton eruzeiros per kilo were as fol-

Jows:

May

42.00.

July

42,20

Oct.

13.09

Dec.

unquoted

In

1,49

World prices staged a sharp recovery today, while domestic Contracts, under the influence

of the world contract, also re- #ected the continued strike of Hawaiian sugar workers, now in its third month.

Contract No. 4 (world)

Miny

July

Grpt.

OCL

surance Corp had under- written almost A69,700. SARE. 000 worth

of businese July

Spot-feints per th. fob Cutin) sinco it was started last Onterest: 8.410 cuntracts. Contract No; G (domestle) September, it Was closed today.

dis-

NOV.

AL Spot-frenta per 15, cit NY

ex-duty)

Woo represented over hal

Jay of the business covered by the

Crap-established by the Aut

3.40 JAD Bverage price of one-inch colton

the United States, the

thick May AMSTERDAM

'The rubber morkel war

Prices teady.

closed in

Builders per kilogram, April, as Tollows:

No. 1 rubber 2.20 buyers, Others unchanged

Thursday April

3.43

7.42

ni 14 designated spot markets, was 34.50 cents.

Press

5.03

Open Interest: 2,504 contracts-

United Press.

tralian Government to increase New York Foreign

loss through non-payment of

their overteds acccustS,

However, the

The Comp Insures against the risks of insolvency and deľnait

Exchange

Total cales were 14,084 bales. -Jalled Press.

Singapore Stocks

siner 3-United

see an

that next your would over-supply of newsprint.

In view of this it was decided to reduce the quarterly dividend from 15 cents (one shilling and permy sterling), to 71⁄2 cents (02d. sterling) per steek unt as from September • last, the report said,

The report diuzlosed desse2501 cernings of 15 per cent 1 1057 as compared with the previous year, which Mr Little attributed to falling off in the demands for some products, particularly pulp. -China Mail Special.

American Cyanamid Aniline Plant

process, General chemicals

Willow Island, Apr. 9.

Com- Cyanamid American pony has started production of aniline oll at its new multi- million dollar catalytic aniline plant here which makes use of

new manufacturing Dr W. H. Bowman, Manager, organie division, has announced.

Dr Bowman said the newly constructed facility uses a fluid bed reactor and new catalyst in from aniline manufacturing nitrobenzene by this reduction Prices of metals closed today process. "We are confident 11

London Metal Prices

London, Apr. 0,

Jr sterling per long ton follows:

as will permit us to manufacture nn improved product at a lower buyers lets cost," he added.

7334

T

733

The plant has

a rated an- 1231 nual capacity of 24 million ba

-Chinn Mail Spectol..

Near the end of April

the

International Paper Kat'l Tri & Tel..

the country's export carnligs

32

Jotr Manville Co

by protecting exporters against

Tia

Kansas C. Power & Light

475

Kennecott Cupper..

Berat Movers Tab Co.,

2014

Ickheed Aircraft

Corp.

fnews Incorp.

13.

aly covered a wide range of other

England official consumer goods 136 primary and

Argerizina including umber. meat, gineering products, pharmaceu

Canada

.0232

+

Brazil

000J

Calombia

.1400

714 teals and tinned goods.

Uruguay

1773

Singapore, Apr. 10 Atakura faduy quoted the fol- New York, Apr. 9. lowing stock prices: Closing rates were:

Opening Batu inng 1.03 7/33

•Rubber Co.

$1.75 Lid. 2.11 11/10

Britisomea Petroleum

37/- Syndicate Crtisolicated. Tin

27/00

Spat 3-montli Capper

Spot

onth

1741

17319

Lend ist half

April

72

ww:4

July

72

7239

Smelter

ord.

Zinc Jet hall

April JUW

1000

Other unchanged-United Prem.

Fraser & Neave Lid Ord.

(cundly)

United Frute,

Fraser & Neive 1995 eum.

312

M

43%

$2.05 $4.05 Cammoni (Malaya) Limited $2.40 Hongkong & Shanghai Bank-

ROY

Ing Corp.

$130

Hongkang Tin Ltd, Scumpar_124.

4/td

$1.674

Kumlu Kampar Tm

20/34

London, Apr. 9.

Lunas Rubber Estates Lid. 21.03

Malaya Breweries (oxdıv)

$3.45

New Sprengah Malmer to.

Lid.

$2.00

Pateling Tin Ltd.

Lead

May

July

Ringapore Cold Storage ...... Stralis Tading a

zine

MY

30.09

#1.07% 6079 #1.01 Tin May F3.12

Copper May

July

July

appeared to have de-gels its

veloped a sudden urge

tifcate.

to

Motor In The

ultworthiness C National Cash Reg. "A"

Nale Dry Prod. National Lend

visit Japan, the Straits Much of the test Aying has Wellens Steel CUID.

already been done with thews Chanical Comet III test aircraft.

Times sald today.

T10 paper sald out of $2

for bookinga

Japan recently handled by one travel agency, 40 came from housewives,

The Times sold 132 house- and touchers wives, mitЯes would leave todny for Japan in the Ikier Chuan for the Chery

Blossom festivities.—Itgular.

by buyers, exchange tri London Foreign

and import restrictions abrand

4515 and Kezands

which might

frustrate export contracts...

New York Central Norfolk & Westors Ry. Olin Mathieson

131

China Mall Special,

an Elevators... Owen lilino Glass Oxford Paper Co.

Early next year the new Comets will be back on British Overseas Airways Corporation | Pacific Cram à Eles, m

Pan American Airway routes.

Parke Davis Co. Tenn, A MIN

In the Hate factory others ate close behind No. 1, ond more aircraft are being made at ChesterExpress Bervium,

Deky JC, Cb,

him Mori

Meneler & Gamble Co. Pittsburgh Plate Olais

Exchange

Closings rates were:

New York

Agreed Merchant Rates Atontreat

10

Canadian 3: Maximum Selling

13/16. Minimum

IT 1/18 T/T, 17% 0/2.

Swiss Frantes: Selling 75 5/16,

281 0/10-3.81% 2.7316-3.73 12272-1327136 39.3815-1955 (k 11.7412-11.7415

Van33&=113/56**

Druppels Copenhagea Fronkhir Buying MRT

Bioethelm

Etreich

Others unchanged.Dasted Brass.

Maximum

14.70-77.71

Itamos diote.........

a wala Texniki Innisd. Enghibers Ord.

Weine ErOS.

-Ching Mail Apécial

New York Metal Futures

Now York, Apt. 9.

Prices of metal futures cloved today in cents per i. as follow:

10.bab

Dismissals

Arnhem, Apr. 9. The "Holland" metallurgical industry in Arnhem are to dis- intes 100 of their stuff, 'due to the cessallut of the Imports from Indonesia, the management announced here today-Reuter.

Exchange Rates

Business *** 20.60% unofficial

was done in the locat exchange OTHER EMIS 40morning at the following rated; 1.3 US didir. (par.81 21.79baterline notes (per es

1000

(per 100)

23 cah | Australian sätes (per_21)

Best Indicnesian rupiah P1.25b

Glam Luca (por. 103)

| Singapore (Russia);

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