لی
STRANSPORTATION
OXYGEN FOR
FOR EACH
PASSENGER
ON BOAC'S COMETS
THE CHINA MAIL
THURSDAY, AUGUST 21, 1958.
Reason For Margin Move
Govt Had To
Act Against Speculation
By SYDNEY CAMPELL,
London, Aug. 20.
Federal
HONGKONG INCREASED VOLUME
ON WALL STREET
STOCK EXCHANGE
Our Own Correspondent
Business done on the Hous- kong Slock Exchange this morning amounted to np- proximately $300,000, Noon
transactions were:
New York, Aug. 20.
Stocks rose through most of today's session on increased volume and slipped back from their best levels in the late trading.
INDIVIDUAL oxygen for each passenger is The raiseiently vidstreet's redere Reserve's quietum, and the maming's meify when the
being provided in the de Havilland Comet IVs which the British Overseas Airways Corporation hopes to put into service across the Atlantic before the end of the year.
It i only fint emergency.
In
the event
ǝl
some breakdown the PSOVIET UNION HAS
marisation which bring the at-
Trumpische in realm: above
the equivalent of 15.000 feet 400 SHIPYARDS
the
oxygen masks will automatical-
from above silt ly fall passengers and the system will begin operating.
This is the method used in the Russian Tu-104 and can be ex- pected to be built into all
C
high altitude jets which are now being developed.
DECISION
In
making the decision
Passenger oxyfe, B.O.A.C. was meeting an Arseri enn requirement but tint a Brittan unt, T American Civil Aeronautics. Bo
has folri American mirifies that they must have Individual oxygen for
Helsinki, Aug. 20. The Soviet Union had 400:
shipyards
designed
to
build ocean-going vessels with a total capacity of 500,000 tons, the Finnish shipping journal soid to- day.
The magazine said that a dow legation of eight Finnish shop- builders returned recently from the USSR and told their cory of the Soviet Union's ship- building
The shipbuikiing industry is concentrated around Lennugra 1.
The 400 yards can handle passengers in any streraft flyinuta illim tome of construction. Love 25,000 feet. The Viscounts Lingrod is the shipbuilding fying for American airlines may centre where 230,00h workers no exceed this altitude: 'and the
are eniployed, Leningrad's copa- for is 158,000 tons. Britannias that were built
North-East Airlines (in der BLACK SEA which has been cancelled) have ANNA MIsks over earl seat in
In the Black Sea, the Odesste
build ships up t
the same way as the Comet TVs.de man
The Caly Bornal Briush 40,000 tous, the Nikolajev yards
2 35,00-tonners, and requirement is for oxygru in un- pressurkard aircraft flying about Schastopol 30,000-ton yossett,
Bul city of
1. Stberta, yards ut the new
Komsomolsk ca
18,800 1s
are some
build
bul
10,000 feet. Since de Comet is fully pressurised this doe upply, and B.O.A.C. was free to vessels up
It had to voters around the port limit the mike its own choler. consider the fuel that most of the itapacity to less than that Agare. At Vladivostok, ships up to ather Jets being Rown by the world's airlines will have it and 12,000 tems ean be built.
In the interior
000 It is so a fair guess at the
build up to British air gistration board yards which 'ears
ultimately
4.000-ion vessels, the mugonzine will
make il a requirement, as well. This is said.
The magazine spite of the decision not to make
generally did It requinnent at the time of the not specify, whether its tonnage
figures were deadweight or certification of the Comet I.
gister tons.-U.P.I. INSTALLATION
-Whether als installation is
causing any delay in rishing JAPANESE SHIP'S
The Comet IVs la not known. The Anglo-American False
10-
for the FAST RUN TO LA
Ο
frst jet air liner to dy the Allantie is now on in euthit and
the remarkably early dates for
Los Angeles. first Pan American Worki Air-
NE of the world's fastest ways Ducing 707-123 are being quoted. If it is true, as "Aviation cargo vessels, the ms Week" suggests, that they are Kamoharu Maru, recently aiming for November 1 13.0.A.C. made her maiden voyage will be very hard put to catch from Yokohama to the Port Loom with Canels, with or with of Los Angeles in 10 days out further delays,
The first Comet IVs are still and 16 hours, averaging due for delivery at the end of September, though one is likely
The new Shinnihon Steam- to come at about the end of ship Company vessel has a August for training crews. Some doidweight of 12,454 tons, crew training on Ällaathe fights 515 feet long, has R has been done with the Comet beum, and
a cargo capacity in HE while building up engine excess of 600,000 cubic feet. The hours. But it has only two of the The laller cludes 15,500 cubic four Rolls-Royce RA2 Avon (fect of refrigeration space and engines and is sannier than the nearly 13,000 cuble feel of deep Comet IV, Crews must put in tank capacity. their hours on the actual alverust The latest and prove the route,
The first Comet IV will go back to the factory and the fuky | certificated aircraft should be in the hands of. B.O.A.C. at the end of September. It is difficult to seo hotr scheduled weekly services could begin before November unles de Havilland advances its delivery dates.
WEAR VESSELS
WIN ICE RACE
WE
\XYEARSIDE ship builders recently cheared
were
second plates
191⁄2 knots per hour.
64-foot
a
horror at its handiwork. It may well go against the Fed's grain that, at a time of panic in the bond market, Wall Street went roaring up towards its all-time bull- market peaks while U.S. industry as a whole is working at perhaps 30 per cent below capacity; or that, while the U.S. is inflating itself out of its export market and important parts of its home market, the change in steel from 50 to 40 per cent of unemployed capacity was taken as wildly bullish,
The Fed was bound to act some of
Shares DANKS
Govers Sellers
11 Hank 750
INSURANCES Eonstan
Wheelock
SHIPPING DOCKS, ETC.
...
Icek
Provident
LAND, ETC.
H H..
phteys
Realty
Aural
Utr
10 765
7415
m
5.00
Getty On Gidden Co.
Goodnch (D). F.) D. Goodyem Tyre
Baltimore & Ollo, in Dui- UK+ day after having been Gen Tyre & Rubber standing exception, moved up higher mos or the Fession, Several eporinis, however, Incruses of managed to "hold one or two points out of ad- vances that hud ranged to more than three points.
Railrond reme ported
op proximately $2,031,000 Tor July. Th largest prolli shown for any mouth this year and com- pared with $1,818,000 in July. iDr.
net Income of
3.33 1000 3.00
500 4274 Arm
Of a total 1,144 issues traded, 308 were higher, 394 lower.
York Stock Exchange New
Grumman Airerait Gull Out
تقدم
Heyden Now!*** Homestare Mining Co Ingersoll-Rand Icend Steal Ca Interchical Corp. Int'l Bucinis Machines Int'l Harvester internacional paper International Nickel
Other railroad issues ruled with gain: running to 509423nre than a point in Cheapeake volume was 2,400,000 shares,
New York Stock Exchange bond volume was $4,370,000.
int? 12
309 11.80
200 11.00 & Ohlu.
100 L 20.06
20.70 20.00
31 32 1020 32
1.423 2000 $.40
1.525 1.57% 1600 42 1.35 SOOD HI 12 10000 1.80 10009 2
1.50 01.575
50 1.578
the
reserves
with
be a
Very The prent
glost peculative excesses built which, as on its massive credit inflatkın, say, li has been liferally flood-Sungala and Wall St;ect is where theying the money
markei since UTILITIES
Tron redtnsibly appeared,
last October and
particularly
Yourtant since June.
C. Light
American
Tront tankers A. Tawah
1.675
2.15 1.20
23.00 2500
841 17.40 1715
420
27.30 27.50
25.40
1ut this could superficial reading. speculation was nat in equities;
It is in that sense that Hie margin change may be a portent. The bond market was quicker
to take it that way, with new hout of weakness, but it would bil equities harder.
After u
brief
the
Vezirle Macao F Tel.
www. in 3.5. Treasury bonds which are not subject to margin Pequirements, and where Biert amiding was done by "y-turk" or "repatekuse" or- with no margins
interval,
INDUSTRIALS ances whatever-pod 50 per cent or 50 drop in murgiu requirements Coment per cent but literally atro per last January tached off a major STORES, ETC eens, fant a drop of 1 or 2 bull market, not because of the Dalry
in the market im- intrinsie significaney of margin | Wason le cent
bestan Les being requirements (which diately
probably Trave
COTTONS negligible) but Textil forced seifing,
were and are because of what it signified for Nanyang
| INVESTMENTS general money polley.
Yanıture
The Gamble
If the reversal of the January margin action signlites a similar
Tur gamlate was inanced not reversal uf the disruptive
17.30 200 17.40 660 37.40 300 4 27.40.
500 4
1000
1000 20.40
1022 20
132 13
17.30 17.10 10.50
3001738
3.45
Gt
5.85
1160 M. 5.85
or borrowed money but on the general morey policy (which | TEXTILE MILLS | Pod's createxi inopes, Italession-¦ will be as painful as it appears
ul speculation in equities was II Inscupable) it could touch of anything on the short side. Since the other thing. short sales are equally subject to
CLOSE DOWN
Again, there may well be an
London, Aug. 20. the margin requirements, their :
start. The direct pact might be thort interval or a false
Two more textile mills, the forces that Re Columbia and the Albert at covering rather than profit-tak-inflationary
fuelling the fight into equities 11.
Black- Great Harwood shear md gold are very strong, and il
burn, employing 500 people, are might be premature to hail the close, bringing the number reversal or even the
The whole thing, is altogether too akin to the apparatus of carly postwar European socialist govemments which first created an enormous monetary inflation and then can round in circles trying to conceal ite symptoms instead of removing its causes.
The margin change is more Fed's signirani as being the first anti-inflationary move of any kind, after months of un- interrupted inflationary moves, some of them going to the barely credible lengths
If the Fed is in begin to do its duly, it snart try to mop up
of either movement.
faltering
quilies
But the Bight into might be less durable than the fight into gold and D-marks. After all, there was a bit of t lesson last year about scrambling on the eqully band-waggon ne t supposedly sure-fire inflationary hedge.
The underlying situation ap- pears to be thoroughly unsound and dangerous, and people might be well advised to mind their eye-Caina Mall Special.
COMMODITY
FOREIGN EXCHANGE
NEW YORK Closing rates were: Entand official
type Cargocuire ventilation system maintains free flow of or throughout all cargo holds and prevents damage by moisture, according
Argentina to Balfour, Guthrie and Co., Los Angeles agent for the line,
The speedy Kamoharu Moru also offers luxurious, Arst-class cabin accommodations for eight passengers. Globe Press
Automatic Equipment To Handle Unloading A
MERICA'S
Line
пож
passenger
Graco
30-Алун 00-day
Others unchangeti.
#quel
2 11/32
2.70 31/32
1228
10.50 3/4-1.57 139.00-139,05
LONDON Closing roles were: New York
2.80 1/2-2.30 5/1 Montreal
2.70 5/16-2 20 7:0 Amsterdarn Brussels Copertingen Frankfurt Aitan Party Stockhotin
Vienna Zurken
19.34 1/U-10.34 378
'SAO PAULO
Cotton future prices were u
quoted today.
In
the United States, the average price of one-inch cotton at 14 designated spot markels was 34.83 cents.
Total sales were 11,379 bales, -U.P.I.
RUBBER
NEW YORK
of closures in the area in two years to 21.
Seven other mills in the town are weaving out, preparatory lo closing-France-Presse.
Exchange Rates
Lorillard
Lorillard sold off
more than
20 points after directors raised the dividend from 70 cents to C5 cents.
Some ' the drug, steel, emical, all motor and special issues registered losses Inte in
Buoyant Conditions
In London
Very
London, Aug. 20. buayant conditions murked the start of the new fortnightly account on the stock exchange 10-
day.
had
appeared
Brokers sold it Was H Song time since the House made such a brisk start to an account. Investors convinced that the govern❤ 'ment would win the
next election, with the bogey of nationalised industries reced- for further Into the distance; thut the United States reces- sjon was over; and that Bri- tish Labour had
tl writing on the wall and were in a more amendable frame of raind.
seen
Prices in almost every sec- tion moved up. Dealings totalled 12,800 compared with 10,220 lust Wednesday, The interest centred in Industrials
television
and cinema steelts standing out.
Jocal Buslowed was done in the upallietat
Printkut exchange
this with rnrning at the following rates! -
5.BL US. dullar (per $1).. Sterling notes (per £1), Indonesian rupiah (per 100.. Austention sates (per 40
Siam fteal (per 100) .. Singapore Straits)
16.03
12.52
G.10
26.00
a
PRICES
SUGAR
New York, Aug, 20,
1.00
World No. 4 sugar futures closed today one point lower to
MAINTAINED
were
were
American Stock Excinnge volume was 720,000 shares,
Dow-Jones closing averages
were:
industrials
26 TAVE
15 uten
76.12
John-Marrville Co. Kansas C. Power & Light" Kaiser Imbustry Кеплесось Обрет Liggett Meyers Tob. Co. Lockheed Aircraft Loews Incorp...... Lone Star Cement Co. Lowenstein & Sons, McDermott J Ray McDonnell Aircraft
Block Exge.)
Corp. Mesabi Iron C Minnesota Mining
allesion Development Morwanto
Montgomery Ward
5003 131.38
65 stræk
173.20
40 leads
16.50
Count future pitee moex
133.34
Motorola inc.
Closing Prices
Alden ine. Ay Albert Chendeals
Allied Mutts fue. Allis Chalmers Am. Brake Shoe American Airline
National Elqui
Co.
National Cash Reg. "A"
National Datry Prod.
National Lead
National Steel Corp.
New York Central
Norfolk & Wemern Xy.
B*, North Amer. Aviation
North-west Airlines
Olin Mathieson
Otis Flevola
Owen Bilnois Clus
Oxford Paper Sp.
Pacific Gas & Elde... Pan American | Airway
20
213
American Cable
'Corp.
American Canand Co
40
Paramouni Pletutes
Amer. Forgh. Pawnt
17
Tarke Davis Co.
Aru, Can & Electric
43
Penty . . Co.
Am Home Prod.
103
Penn. Salt Co.
Am. Mach. & F'dry. (aa)
I American Metal ....
| Aperican Smelting
Am. Bakar Ref. American Tel & Jet American Tob
Anneando Copper Armco Steel
"13"
Armour... Atlas Cons. Mining Baldwin-Lima-Ham. Baltimore & Ohio ... Benefical Finance Bendix Aviation Corp.
Benequet Cons. Bethlehem Steel Boring Airplatte Barden (The Co
Burrouglis Add Machine Colt. Packing Corp. Campbell Soup Co.
Cantidan Paclite R.
Cure IJ, 1,1 Co.
| Cat. Tractor
Celanese Corp.
C. I. 7. Financial Corp Chase Manhat. Bank Chrysler Motors Cluelt Peabody Colgate-falinolve Co. Colomblan Carbich Co. Connierial Credit Commonwealth Elec. edited Poison Continental Oil of Dei.
Crown Zeleriach
Cubao Amer. Sugter Damena Alkali Diamond Match Co.
Dom Aircraft Dow Chemical
Dupont de Nemours (xd)"
| Easter Airline
Eman Kodak
sup.
El Pos Natiotal Fine
Gils
qulet although prices were well maintained.
Japanose bonds
Faundly Finance Corp, ported in
the foreign market Festone Tyre & Ribbe
Ford Motor but Greeks cased agu and General Dynamics Germans showed little change. General Electric
General Frods Losses predominated In the General Motose dollar storica in spite of Wall | Gen. Pub. VII Street's rally yesterday.
A broadening demand in the gold share market brought a further all-round advance here |while dimmonds improved and
copters hardened,
Oils finished with small gains after a rather quiet day Royal Dutch # 18-3/32 was 1/32 up on the day.Ü.P.1,
tave points higher with sules of PLAN FOR
130 contracts.
Domestic No. 8 sugar futures
closed unchanged to one point higher with les of 152 co tracts.
Rex rubber futures closed Sept- today unchanged to 35 paints Jan. higher with sales of 29 contracts.
Closing prices:
#1.69 3/4-14.00 5/0
1739274-1940
1993-1773 1/4
Sept.
14.43 1/2-144D NA 72-31-7334
Nov.
Jan
Mar
May.
July
Sept
1226-12.21 1/4
-U.PL
inet, COTTON
ro-
by the news that first and the 20,000-ton Sunto Rota
taken will be handled by a ware
ships duced labour force compared by Sunderland-built sailing from Britain in this with its predecessors of the
the nine weeks trading sea- son...
automatic
NEW YORK
Prlees of collon futures closed today as follows:
wastes
year's race
samo namo, through tho frozen
The application of of Hudson Bay to Port Churchill for equipment to cargo handling and other operations "hus, udvanced in the Santa Rosa over earlier liners. To provide outside entilis for all passengers, two of the holds can be loaded only through side doors. Through these doors
Spot
OFL.
Dee
Mar.
May
July
Oct.
Dec.
Sternship pallets carried by a conveyor.
The winner was the 16,000 ton Richere de Larrinaga, which was built at Southwick in 1955
by William Pickesgill and Song cargo and baggage are loaded on
for the Larrinaga
Commony of Liverpont. Closely
Within the hold each pallet is following her was sather, pro- automatically carried to an as- Southwick signed aron by a series of con-
duct of the Gaine yard the 0,535 Welsh trader veyors and a cargo litt.. Proper which was chartered from the stowage is ensured by an auto- Trader Navigation Company of matie controt system. The Santo London.
Hon using such equipment can Travelling to Port Church be loaded by 8-10 skilled long- 13 2 supernumerary this year shoremen was Captain Numan Them-
Normally, gans of about 20 son,
Viewiontis Drive, men are needed to load ships" Sunderland, who won the race holds through the topside. The 10,303-100 reduction in the size of the work six times in the sdenner Warkworth before be-torce luns aroused the longshore- ing beaten into regană place by men, ond they have called for
Gorman ship last year,
discussione on the subjeck
AMSTERDAM
Contract No. 4 (world)
340
3.40
9.51
3.44
JAPANESE SURPLUS
Tokyo, Aug. 20. 3.44 Japaneso officials
May
Judy
3.44
20.15
1.40
20,40
Oct,
3.40
21.30
Spot-vents per ib. fubs Cuba)
3.40
20.15
20.05
Open interest: 5,030 contracts.
Contract No. 6 (domestle)
2765
Sept.
3.75
27.06
Nov,
Мак
4.09
MAY
JUN
Stol:
Spot-fecals per ib. clt NY
5.
PX-0111 Opea U...
interest:
contracts
5.80
The rubber market was steady. Prices closed today in guilders per kilogram, eif Supt, as follows:
No. 1 rubber
No. 2 rubber
No. 3 rubber
No. 1 crepe
SINGAPORE
227 buyerо
2.03 buyer 2:18 buyer 2.40 buyers
The market opened higher on better than expected oversens advices and ruled quiet at the higher level.
18.34
31.44
35.4
30.20
30. 10-
33.18
No. 1 rubber per lb. Sept
32.30
BOY-01 Oct, 604-01
"
NEW ORLEANS Pelees of colton futures closed spot rubber unbnled turtavus follows:
Spot
Oct.
Dec.
Mar
May
July
Oct. Bev.
METAALS
NEW YORK
Prices of metal futures closed today in cents per Ib, as follows:
Lead Aug..
No. 2 rubber per Ib. Sept. 114-00 No.
7315-70 70-71 No. 1
0036-* Вже стере ...
G15-Zine No. 1 pale crope .........
LONDON
(8-0
The rubber maricèt was quict-
ly steady with spot quoted at 23% punce per . Prieès:
Sept.
Aug.
Font
Copper Aug.
Sept.
T
Aux.
Sept.
ward
working today on a plan
to export unsold stocks of goods to under-developed nations to be paid for in local currency.
23 Procter & Gamble Co.
Pittsburgh Plate Glast
Publieker lumpies
1024 : Pure OU .
32
072
30
50
182
Radio Corporation
Rodle Corp. Pref.
Reynolds Mil
Republie Steel
Sears, noebuck & Co 100% Shell 011 Co. ...
360
21
Saint Reg. Paper Sociny Mobil Oil
Sinclair L
Roar Aircraf
(Am
{Com.
South Puerto Rico Sugar
44 Sauthern Co. (The)
400
-4414
Southern National Cas
Southern Railway (Com.)
Sinklard And
121
Standard Oil of Cal.
Standard Oil of Ind.
201%
2214
Standard Où of N,J.
70% Steep Rock (Toronto xg, i
13
Stering Drug Co.
Stokely-Van Camp.
51 Studebaker-Packard Corp
5216 Sunshine Mining
*
421
Swift & Co. Texas Co. Textron Inc.
0314 Time Inc.
Tide Water Assn. 031
Tri-Cont. Warrants
Twentieth Century Fox Film
Unkun Carbide
30
Union Da of Cal.
39
Union Pacile Railway
33
United Aircraft
69
United Gas Corp.
1413
L.8. Foll "D
104 B.S. Gypsum
36
U.
Line Co.
11012
U.S. Rubber (xd)
3215
U.S. Setting ...
20
S. Steel
DJ
417
#3!
''
U.S. Steel 7 P.C. PF Warner Bros,
Westinghouse Air Brake Western Union Tel. Co. West Va. Pulp & Paper
-U,P.I.
No Inflationary
Collapse For U.S. This Autumn
By SYDNEY GAMPELL
London, Aug. 20. The U.S. is not going to succumb to an inflationary collapse in the autumn of 1958, any more than did Britain in the autumns of 1957, 1956 or 1955.
The Federal
Reserve is a cent Bank rate's supposed belly- responsible tiek at the London gül-edged ghly expert and body, dell aware of its duty to market Inst September could preserve the value of the dollar rank almost sa helping hand The plan was disclosed yes and of what that means for the (as indeed it was the most help- terday by Minister of Internu- whole fabric of American and ful possible hand, though It took tional Trade and Industry, warid society.
Tálaunosuke Takasaki, at meeting with Takeo Mikl, Diree for of the Econcanle
В
It has, as a set policy, embraced the most disruptive of Planning monetary
Agency, and Finance Minister Bisaku Suto.
The first part of the plan;
|
inflatiori (namely centrul-bank; dinaneing el Buge
people some wedits to realise it).
Mismanagement
Miamanagement of the U.S. budget defielt) any more than Nailon Anences has recurtly 1 has embraced Socialism or been the most disturbing since
ugreed to "in principle" by Communism.
titat
Miki and Sulo, proposes surplus goods in the depressed home market, especially
Disturbing
1029. The US. system has been showing that it is capable of taking care ot everything- except the real value of tho Yet it is disturbing that much | dollar which rught lọ bo its first
under a local currency payment things should even need rustig, concem.
Tex-
tiles and ceramies, be exported to the under-developed nations
9.076
1,4D
formula.
9.055
0.07%
INVESTMENT
20.02b
20.140
03.05
€3,700
LONDON Prices of metals closed toxiny In sterling per long ton
follows:
33.16
33.41
39.01
36.
2.
52.30
No. 1 1st spot
231.
Settlement house feria:
Sent.
2332-2312
in Oct/Bee.
24-201
Jan/Mar.
34-DIIS
24-2414 24-2412
Tin
apot
21 buyer Copper pot 2914-233 cape this Sept. 2519
thick Sept.
I.
LIVERPOOL .. Colton
future closing,
Apr/Jute pence per 10, were as follows:
Juls/Sept. American Contraci Out/Nov: 24.35; Dec./Jan; 24.40; | General anrkels, clf basis, ports; Mar/Apr: 2420;" MA7/June 24.05; Aug. July/Aug: 24.50.
Hept. Oct. Katato
Mixed Contract Oct/Nov: 24.688; Dec/Jan: 24:10; Mar/Apr: 24.77 23: 158.20
Juy/Aug: 24.50.
Sananih Land žud kult Aug. Lead 2nd ZOEZ Nov, Zine Sinc
2nd half Aud
end the Fed has avowedly em
braced that form of inflation ns an emergency stop-gaji.
haw
Up to mid-June the credit in- Dation
brought U.S. gilts a.
Its polley of revives business peculative pyramiding of the The second party proposes by creating a flood of each for 1020 type, and very few peopla the lavetment of the funda which business had less than no even noticed that if was happia- thus acquired In the industrial was created a Frank Cestein mill it entalled u 1920-type Wreaked crash (which some people have arons of the countries concerned. monaler which
market for US lll hardly noted). Takasaki said the plan would havoc in the help Japan get rid of ita unsold Treasury bonds,
It would be comforting if one docks and at the
time samo
In nine months sines Novem- |could be sure that no similar has gono speculative positions or latent would foster overseas arkets ber that markcel
through a full Daltonton boom-weaknesses are building for future Japanese exports.
PS
Buyers Sellem
720
7394
267
2072/
20774 MOTIS
633
+7010
.P.
Export motion company with governe ment funda-U.P.I.
and since June 19, the boven pár [Special.
up in
And
As part of the plan, he said, best cyclo and is at present in any of the things, Inside a study was being made for the panic aftermath of a most outside the U.S., that have been establishing un
pro-reckles 1929-style gumble.
getting the 'overspil of the Fed's Compared with what hit it on created money. — China. Mail
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