1959-04-08 — Page 9

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Page

Benloyal-One Of The

THE CHINA MAIL,

WEDNESDAY, APRIL 8, 1959.

DOLLAR DEVALUATION FORECAST

Swiss Bankers May Be

World's Most Powerful Wrong Again

Passenger-Cargo Liners

NE of the most powerful passenger-cargo

ONE

By Sydney S. Gampell

HONGKONG

STOCK EXCHANGE

*.

Our Own Corespondent

Wall Street Recovers But Mixed

New York, April 7.

Business done on the Hong Stocks came back from their lows near the close

kong Stock Exchange this morning amounted to RP- proximately .5011,000. Noon and the morning's

HK Bank.. BOZJk Et Asia »

Quotations trabemotions:

Shares Buyers Sellers DANKS

Valen

7 @ 105

2:00

180 13

Lombard 203.

SHIPPING

Waterboat..

Wheelocks

INSURANCES London, April 7,

liners afloat-the 11,000-ton Benloyal-arrived | The Zurich bankers who are betting on in Hongkong recently on her maiden voyage from London.

Among many notable featurca

of this new addition to Ben

lines Far Eastern Fleet is her Liner Air-Conditioned

grey and

auperstructure

white

and

streamlined aerofoil

fubaet designed to minimise soot in Ten-Week Refit

problems

Built in Glasgow by Charles Conne), the vessel is equipped' with numerous modern naviga- tional alds including radar, VHF multi-channel. Telephone link and several devices designed to safeguard risks from gus and The shly is powered by two Rowen Panetrada engines

drive

the single ACCOMMODATION

fire.

which pripeller.

Their luxurious cabin necom- modation which is not only air conditioned but also tastefully furnished by Lady Thomas, wifi of Sir Douglas Thomus, who is

o director of the Lane,

The vessel has a crew of 00

27 of whom Bro Chinese who

for responsible

catering

are

arrangements.

The ship has six holds--four forward and two aftand there pre uiso seven tanks provided for carriage of latex und edible olis although these can be utilised to curry dry cargo. tica afc

177HEN the Orjont Lind's 28,000-ton •hip Orcedes soiled for Australia last month after a 10-week sofit in Harland and Wolff's yard at Belfast, she was equipped with an air ditioning system which, in cooling capacity, is largest over installed on

British linor.

k

con-

dollar devaluation within three years may bo

as wrong on the dollar as they always were on sterling.

Union

DOCKS, ETC.

today but the list still was mixed.

Trading slackened from yes- Eastman Kodak

El Paso Nations: Ose terday's pace. Profit-making in

Family Finance Corp. some of the recent favourites Firestone Tyre & Rubber brought losses of ane and two Fin Nat. Câity Pank

Ford Motor a number of the Points into

General Dynamics leaders.

General Electric

General Foods

....

The market, as it dis carly | General Motors 13AL week ignored

Gen. Pub. Util A number

Own. Tyce & Rubber of favourable business and Udren (8. 7 Co.

conomic developments, Lin Goodyear Tyre....

Grumman Alterafi

23 1630 220 cluding a sharper than seasonal 8.00 2000 + 5.80 decline in unemployment and a correspondingly sharper riso in 2000

employment,

K. What .. DS Dode...... 3814 Provident 1150 11 B'hal Dock

Realty

Amalg

S

550

.

the

Some groups, notably 2409 » 11.41 | autos, met support. There were

503 30.

a number of good gains in the as investors showed main list 630 24.60 continued selectivity,

Today's 000 shares.

Gult on

Hammond Organ ...... omestake Mining Co.

Idaho PoweY ...... Angerman-limod....

Interchiomical Corp. (new) It! Businice Machines Int'l Harvester ........

International Nicke) International Paper Int'l Tel & Tali John-Manville Co. Kaiser Industry

volume was 3,020,- Kennecott Copper

Of a total 1,230 issues traded, 447 were higher 642 lower.

American Exchange volume wau 1,490,000 shares

Kimberly Clark

Liggett Meyers Tob. Co. Lockheed Airersit Loews Incorp, .....

Lone Star Cement Co. Lowenstein & Bone. McDermott J. Ray ...

MeDannell Alscente

13816

New York Cotton Market

New York, April 7, Cotton future prices today softened, after the far forward deliveries nudged into new seasonal highs at the start.

News that the Government 144 | machinery for buying and sell- ing 1050 crop cotton will be ready when the, reason com- mences on August 1, brought liquidation and selling in the late dealing.

481

201

100

LAND, ETC. HK Hotel, 24.09 24.80

600 24.03 1000 2478 300 24.50 500 24.70 57333% 1900 KE BA 0033 14.00 14.70 1.00 1.3315 5000 2R Í BILS

(Am.

2.is

0-000 2 2.22

300 275

Stock Exge.) .... Mebl Iron Corp. Minnesota Mining Mixton Development Monsanto Chemical Co. Morgomery Ward

102

4011

500 # 27,4

Dow-Jones closing averages Motorola Inc. ....

National Bucsát Co.

541

20% 106

18,30 11.40 2829 2030

were:

National Costs Reg. “A”

28.30) 30 industrials

National Dairy Prod.

$10.54

National Lead

70% 40 $141

26.30

20 rail...

15 utiles

13.09

40 bord

Comm. future price index

2.201

For that matter. they could | in relation to what the money tardly have been more incor- would earn in Europe. rect on how their own currency Pretty

some fereign would be affected by the ex-central banks inight start seck- ternal convertibility last Decem-ig Washington cuarantees of dollar holding-at teasi ber: it never seemed to occur their to them that this marrying of an undertaking that the US, will

UK Land.. Switzerland's chronic dollar - continue to sell gold for dollars plus with her chronic Europeon fal Frerent. the U.S. Treasury

the dollar does it but has no legal obligo- Humphreya deficit would raire off its floor in Zurich instead of len to go on doing it for an=" dragging sterling down to l other minuts) and conceivably RUBBER

7.35 there devaluation guarunter such as Trust.... However, up to 1957

crises i the were plenty of sterling

European central banks until they were proved wrong, give to coch other In the UTILITIES

ereditors European Monetary Agreement Tram 27.30 27.48 America's foreign

almost the have already exacted one im- which 18

the solo on practical point of that agree-Star Ferry. portant concession to go

'YOUTMELI holding dollar aserts instead of ment. taking U.S. gold--namely

Before Zurich gets to the stiilight...

Electric staro

demanding living wage on the dollar assets further

03

soundness Telephone agurances of come instead of profligacy in U.S. internal and "external policles- || STORES, ETC, Britain and France, both proud Delry nations, had to give such public Walac assurances to their creditors L. Crow.

months- within the past 10 Washington might at least seize COLTONS an opportunity, it can ever And people looking the other INVESTMENTS

Invest. 1.40) the way, for getting rid of

4.40 outdated Internal gold reserve ILK. & requirement, so as to free the

... 10.30 whole Vs. gok stock as external reserve.

load 14,000,000

The total refrigerating

approximately

5. Th. Us. per hour-equivalent

obtained by citing nearly 1,200 tons of tee every day.

to the poling

ZoomG

Nationalisation

Wat

ond Lid,

Of Iraq Oil Fields

Before her reft the Orcades hud air conditioning only in certain public

and 20 sne inboard cabins. Now the

which Bystem,

manufactured Special facil-designed,

for lustalled by Thermotank also provided carriage of refrigerated cargoes. Glasgow, will provide every Another feature of the ship is passenger and every, member of conditioned her poweriul cargo handling the crew with air gear. Rentuyui is Atted with accommodation, four derricks and two cranes all electrically driven and capable NEW SYSTEM of 'tting anything from five to seventy tons.

The new

system provides automatic control of tempera- ture and humidity throughoul

British Shippers Call be ship. Since the demand for

For World Review

THE

THE British Chamber of Shipping, in its annual report, calfe for a review of international shipping policy, aimed at putting an end to artificial restrictions, or on- couragement of shipping.

Such a step is necessary

营店

the interests of world trade so that the Rects of the world can compete freely on a fait basis, the Chamber said. THREE THREATS

cooling or heating-can considerably from one

vary

part of

the ship to another, the vessel is divided, for air conditioning pur. poses, into a number of xones, A uniform standard of comfort is achieved by siting automatic contrats in cach zone. controls adjust the temperature and humidity of the conditioned alr supplied from the central unite to suit the requirements

These

of the particular part of the ship which they

serve.

There is individual control of the volume of air supplied to

each cabin. By a simple adjust

of the distributor, or mert diffusing louvre, the passenger can regulate the amount of air entering his cabin and, with

A

Denied

#

Debatable

DI

London, April 7.

The Federal Reserve Bank British oil industry or New York assorte: "The spokesman denied today primary function of gold in the for the selling that the Iraq Petroleum world today

of balance-of-payments differ- Company's chief represences among countries, and the sentative in Iraq has dis- United

conlinuts to cussed nationalisation of have far more than enough gold Western oil fields there for any foreseeable magnitude

of such need." with the Iraqi -Govern- meat,

Stutes

Textile

Int. Allied

Jnvest.

23.30 24.40 1000

15.00 10.10 1000 10

Bonds volume amounted to $6,780,000,

**

Closing Prices

All Chalmers

National Steal Corp. New York Contrai 210.47

$5.11 Norfolk & Western hy. 101.41 North Amer. Aviation

North-West Airlines

Elevators ............... Dwpn-fillnoir Glow Oxford Paper Co.

Pacille God & Elec.

Pan American Airways

271 Paramount Pictures

Penny J. C. Co.

4315

Philip Morri Procter & Gamble Co. Pittsburgh Piste Glina

Inblicker Industries Pure Oil**** Radio Corporation ladio Cors. Pref. Republic Steel ......

(Com.]

14

10! 10.00

500 118

350 # 10.CU

Alden me. Acy.

Ailled Chemicals

Allied Mula inc.

Am. Brake Shoe

American Airline

415

Am. Cable & Hadio Corp.

American Cyanarid Co.

Ant. Ga & imctric

Am. Home Prod

139

Am. Mach. & P dry. American Metal ....

21

American Smejting

4B

Saint Reg. Paper

CITY LIGHTS:

Am. Bugar_lef America Tel Tel American Tob. Anaconda Copper

30

24915

Scott Paper

Sinclair Ol

300

2016

Bocony Mobil Oli ..... Solar Aircraft...

16% xd

43

2

4312

The first half of that 'as- xertion is less debatable than A spokesman or two operate the second, and three-fifths of by the U.S. gold stock - is not at controlled ing companies

Petrolens prasent available for this the powerful Iraq Co., confirmed that the IPC re- | primary function.

Washington might also drop presentative in Bagdad, R. G. Seawright, met Iraqi Premier a hint in one or two quarters Abdet Karim Kassem In that it does not favour" people Bagdad yesterday.

tapplag its gold stock when

Market The spokesman said they dis- they can buy the gald cheaper cussed the increasing of oil for dollar in London.--Ching output and relinquishment of Malt Special,

part of the two operating com- panies concessions.

The Arms, Barah Petroleum and Mosul Petroleum, had

either fitting, he can introduce agreed in principle Inst year to give up part of their all con- cession urens which were not already under development.

the conditioned sin in a diffused jet formation ercording to or individual taste.

To Chamber of points to three overseas prac Shipping tices which, individually and in combination, threaten the future of British shipping. They are:

When several louvres or dis subsidies; flug discrimination; and flags of convenience,

tributors are closed, there is no The report sald; "Events are increase in the air supply moving fast, The time for action those points in the system still is now. Nobody can foretell open. Constant volume is main what the position may be in allained year or two,"

automatic

to

by

preasure

Thermolonit control,

"I the British mercantile prevening a bulid-up of air marine were allowed to fall into pressure with consequent noise irreparable decline, it would be and discomfort.

a disaster for this country and her NATO pllies and would de- prive the world of cheap and efficient shipping services, which it could il-Bord to lose.

STIMULANTS

COOLED AIR

Lord Monckton, former Con- servative Party Cabinet member, arrived at Bagdad today for oil Lord talks with Iraqi lenders Monckton is now chairman of the Iraq Petroleum Co, which is unsociated with the Basrah and Mosul firms.

7

Split Fevenues

Yesterday's Closing

Nich

Watson

"Here in the Lond: à Stock closing report."

London Express Bervice.

Armour........ Atlas Cona, Mining Baldwin Lima-lain. Baltimore & Ohio ... Beneficial Finance Bendix Aviation Corp. Benguet Cons..

Bethlehem

Boeing, Ais

Borden. (Tits Co.

Burroughs Add Machine

Calit. Packing Corp.

Campbell Soup Co.

Canadian Pacife R

Cano (3. 1.) Co.

Cal. Tractor

Celonesh Corp

C. 1. T. Financial Corp.

Chase Manhat, Bank .......... Chrysler Motors

Gistelt Peabody ...

Carbon. Co.

Colter Edison...

Continental Oil of Dal). Cuban Amer. Sucki Diamond Gard

Douglas Aircraft Dow Chemicals Dupont de Nemours

COMMODITY PRICES

FOREIGN ENCHANGE

NEW YORK Closing rates were:

Canada England da

30-days GO-day

Australia

The oli companies currently Epli oll revenues with the Iraqi The total volume of cooled air Government on a 50-50 basis. supplied by, the Thermotanks The Government's share is the Installation is approximately | largest single source of Income 193,000 cu. feet per minute. for the Iraq tresury. "Other countries are more This is equivalent to moving A Foreign Office spokesman New Zealand South Africa their 382 more supporting

of air Lons and

per hour. said nothing was known of any Belgium shipping by artificial stimulants In

tropical con- maximum

Iraq! demands for nationalisa Denmark

Argentina shoër eficent |ditions

about 09 agoist which

tons of lion of the British oil wells. A Uniquay operation by itself cannot in the water will be extracted every

Foreign Offee source, however, Cay from the atmospherle long run prevall,

Indicated that Brilish oMcials country "Every time a

before It is circulated through

were being kept informed on the ship.

the progress of the Beawright

re-

serves any portion of its rade own flag.

L

to the ships of its

In addition, to the main tir there is a further contraction conditioning units, 15 air coolers of the fold in which British provide 'spot cooling in the shipping can compete, The galleys and lauricey, The spot more subsidies that are given to coolers are supplied with chilled ships of other fags, the are the trading opportunities for brine from the main system and are arranged on the branch British ships.

"As the resort to tax-free trunks of the existing supply countries such as Liberia rapid-ventilating system.

les9

ly gains momentum, ro in-

of tax-free tonnage which the

Lax-paying

owner has to compete."

Empire Orwell

Starts New Career

Four new fans, each with n capacity of 14,000 cu. feet of air

A SHIP well known to per minute, will ventilate the

talks.

Iraq wel provide about one tenth of Brunin's crude oli and about four per cent of world's supply.-U.P.I.

CHICAGO GRAIN

PRICES

ותפת !1!

the

1031 2.01 281-15/16 2,81-2/16/

SINGAPORE

77%

Sears, Roebuck & Co. Shell Oil Co... Saloway stores..

ml, Cline & French

Southa Puerto Rico Sugar Southern Co. (The)

Southern National Oak Southor Hallway (Com.) Standard Brands ....

Standard Oil of Cal,

Standard Oil of Ind. Standard OH of N. Studebaker Packard Corp.. Sunshine Mining

Bwift & Co.

Texas Co.

Textron ine.

Thlokol Chem, of

Tide Water Ass

Time Inc.

Tri-Cont. Warrants

Twentieth Century. Fox Film

Union Carbide

Union Pacile. Railway

во

6

Union Oil of Cal.

54

United Arcraft

Fruk

34%

United Gas Corp.

1.5. Foll "B"

U.B. Gypsum

2014

V.A. Line Co

U.S. Rubber.

US, Smelting

Total sales were 10,038 bales, -U.P.I.

designated spot markets was The market opened slightly | 34,50 cents, lower in sympathy with oversens advices and ruled very quiet until late in the morning when - Middle East political news steadied the market slightly,

Afternoon market was quiet with a steady undertone. Prices: No. 1 rubber per 12. Apr 2

May

"No," a "rubber ver 10. A 191 No. 5 rubber per . Apt 10:43:C No, rubber per lb. Apr 80-90% Spot rubber unbaled... 91-10 Blanket crepe ****

80-84 2010-2014

crepe

LONDON

METALS

+ 18-jimomments) de setem

NEW YORK Prices of metals closed today in cents per 1h, as follows:

10.89

Lead

July-10.705

May

May July

Copper May

2.25-6/20

2001

.1458 8145 .13%

11.779-11.77%

The rubber market was firm with spot quoted at 27-3/10

Price: pence per lb.

2716-8714 No. 1 Bus 100t manag Settlement hous termi

2714-2735 May 6.7196-3,71%

June 10.6214-10 July/Sept 140.45-140.80

Del/Deg 19-373-19.313 Janyar

T

Other unclianged.

LONDON Closing rates WETC! New York Montres! Asterdam Brussels Copenhagen Frankfurt Milan Paris Bockholn

Vienna Zürich

21373 8715-2742 General markets, clf brala, posla: 1767-176715. April. May and June... 24 33.8036-73.6139, Estate crepe thin April ..

1455-14.86ji

Estato crope thick April...

7283472.00

* 12.1634-12.1036

Owners unchanged-UP.L

RUBBER

NEW YORK Rex rubber

today futures closed 25 to 40 points' higher with bales of 25 contracts,

Closing prices:

Nov: 31.50; ung aldo; Marz May 17.30.

COTTON

NEW YORK

Prices of outton futures closed today as follows:

· Spot: 35.5 at May: 35.93; Mir: 3140: Mar: 3245; July) BIAS. NEW ORLEANS

Prices

of

cotton

closed today as follows:

futures

July

May

برای تو

LONDON

466

32.758

1007140

100.521b

U.B.- Bioel

U.B. Sjeet 7 P.C. Pr Warner Bros..... Waukesha Motor

Westinghouse Air Braka Westinghouse Electric Western Union Tei. Co. Wert Va. Pulp & Paper

Stores

Inn-Diss ir. "

Zenith Radio ..........

411

1001

Far Eastern Charterers Quiet

London, April 7,

37

80%

Closing at the bottom levels for the day the list - off two 1 do 18 polnís, The market open- ed up three to 18 points. New Oricane closed off Ave to 12 pointa,

Agriculture: Secretary Benson indicated purchase programmo will be out in time to take care of early new crop receipta, Col- ton harvesting starts in June in some southern areas,

Freviously, tradera thought complications in the plan might delay marketings of new crop cotton until September or Octo- ber.

A carryover from Monday's rally accounts for a buoyant

the start, but when

demand falled to broaden recent buyers reversed the field,

The first government weekly crop survey of the acoson sald, cotion planting moved rapidly and under favourable conditions in

and California, Arizona Texas, where land preparations are ahead of schedules, —U.P.I.

London Stock

Prices

London, April 7.

The Stock Market closed mixed today, reflecting mixed anticipations about деш tax-cutting

the

budget.

Gilt-edged securities finished quietly Arm with long-dated Issues edging up fractionally,

Some selective demand heip- ed to offset profit-taking in the | Industrial 1st as investors wero guessing which stocks would be bencfitted by the budget on- nouncement.

Blue chip stocks. generally cased. Motors and engineering shares, however, firmęd.

Forelen bonds and rails were listless. Dollar stocks 'mixed,

were

Gold stocks closed mixed and coppers were duli.

The of market railled in late trading on the shufting, out of reports of nationalisation

cussions in Iraq.

Willedged Bonds

Erillen Transport 60%.

Consols 3 2017.

413

1070/03-

Consola Loan. 314% 2003

*14003

Funding

Loan,

283-13/10.

1959/00

Funding Stock, 2%%. 1000/2001 - <ifr

Jundiom Loan,

R01-5/18.

Banks

4%. * 1900, 30-

Savina 3, 1051/05—293-3/10, Baving 3%, 1960/70-£81-13/10, Savinji 3%, 1005/20—6761L.

Barclay's Bank "A" Ltd. ord- Big 30.

Chartered Banic-47% 88.

Insurance

· Hongkong-244,"

Union Insurance Canton-£44. Aircraft and Motors British Motor Corp. Ord-lis ški. Ford Motor Co.—36# 04.

Breweries

m Building and Materials Associated Portland Cement-584. Pinchin Johnson, Asociates Ord-

Coil, steel and Engineering Babcock & Wilcox, Lid-ds. Vickers Ltd--334 14.

- Far Eastern --marketi- con- tinued drab, although Russian and Japanese ir 444. charterers were reported to have taken tonnage for import cargoes in "quiet

the

Baltic trading on Exchange today.

Prices of metals closed today to sterling per long ton as fol- Jows:

Buyers Bellers 16135 TREE 704367035"

244 245

Tin

Spot

month

Copper

Spot

3-month

Lead ist hali

Apri

July

Zinc isi bait

April

-7136

71

July

SUGAR

Hol

The Japanese took the Chang for 9,500 tons of sugar in baga from Peru for Apr/May, for which $8.40 was agreed on FIO and slowed terms.

The Russians chartered an. other tanker for wheat from British Columbia to Nahodke, 71% and the vessel concerned was the Trojan booked for 14,000 lons of cargo at the steady rate of $0.60 for Juno,

Ιπ Transatlantic

markets,

-Food and Tobacco Drillas American Tod. Co., Ltdan 345 34.

Tobacco Co.. Ltd-30s

MiscellaneoLLE

Imperial

43000

British Oxygen Ltd. Ord—–551. Canadian Pactile_Ty-#3494. DyBlog Kulitzer. Camille od. Hongkong & China Gramids od. Imperial Chemicals 41⁄2μ.. Lyons & Co-800 80, Unilever Ltd 974 10d. ·

T'aper

Bowater Paper Corp. Ord-4te så.

Radio and Electrical Apsociated Electrical-nālam Pd. Electrical & Musical-50% 30. English Electric Co-da 3d. General Electrio -356 34.

Shipping do China Steam Nav. ord-30s.

Co. det

P.&O. Steam Navigation det ord

TIS

-

Stores „Great Univormal Storey: "A"-Öde

the tanker Genie was fixed for | sd,*** 10,000 tons of grain from the Gulf to Hamburg, Rotterdam or NEW YORK~~

Aeratordan for Abell at a lumg World No. 4 sugar futures sum of $07,500, F10, while the was axed for wheat closed today 3 higher to 2 pointa | Valetta lower with sales of 390 con- from the Gulf to UK at $0ƒ» loading April/May. U.P.I... intracta

Spot: 34,40:25ny: 55.81; July: 25,34; -

on the terminat On 30 Dec: $2,40; Mar: 32.43: market primarily reflected the May: 34 July: 31.5. ...

In cold weather the creases the already large volume heated by circulating

sume heat .QX- egainet belac to the

used for which are British changers

cooling. The brine is heated by

Chicago, April 7. calorifiers Atted in association | Wheal, No. 2, red with the refrigerating plant.

Spot Ray aitth(t) 2001 (1) 194 Thermotank viscous-type alr Alters have been installed in all fresh air inlots.

air is warm

July Front Dec.

Mar.

Corn, No. 2, yellow

May 2001 July: 33

Apot

July

Firmace

Elept.

soldiers, the troopar Empire Oryall, is starting Q cardar.

Dec.

1152-1

Mar

higher aide. Reported offerings

new Nigerian National

BTO

May

TOF

July

1376-198

between Indonesia and Jeddah. 'About 2,000 passengers will be carried in her former troop R dada.

Shipping Line

Oala

NAT

July

Soybeans, No. 8, Fellow

Spot Máy Jutr

Sept.

NOV.

Barley Upol The

new line is to start yo Twk Bour operating ourly this year with me Finitial shot of three ̈ifalps!

With the new name Gunung

Dial, she is to carry mints

A Amanze Njoku {3710lgarian Tramport Minier Built In Hamburg in 1836, this has signed an agreement setting $18,000-ton ship now owned by up a Nigerian national shipping Hasmiy Alfred Holt and Co, of line with an authorised copital Ziyampooi, began life as the pas- of Ca million A Wenys Lingy Pretoria.

Jugge 3000,000 pact made her

shu No: 1 tevaoshij in 1849.

LIVERFOOL:

Cotton future closings,

tricluded throomised shevis pence per ib. were as follows: Domestic No. 18 sugar futurka

trom Talland at #17% cents and four shoelaat 31% pentai pound. Indonesian shippers offered at 321⁄4 conis, tipot No. Res was quoted. `at 22%. AMSTERDAM

2595% nom. ORD.

was

rubber market steady today. Fricas closed to- day in guilders per kilo eli Ajail as followent

2.1 Ther

Nubber

American Contract

22.18

21.75

€1.75

19.00

May/June July/Au Oct/Nov. Dec/Jan Mar/April

M3/

Oct Nov Dec/Jan,

MGA NÃO PAULO

All priosa unglisted" today. In the United States, the average

closed unchanged to 2 pointa higher with salts of 183 con-- tracts.

Contract No. 4 (world)

May: 2.851 July: 20: Sept: 290; OT100: Fan: 3.15; Mari 109; May! Still, July 143 Bept: 211 Bpol Trents per lb. fob Cuba): 235,

Open Interest: $,515 contracia." Ceptract No. ● (Gomertp).

Kay: Baty July 504;- Hept;; 143;, Nov: 1435 Bpot-(benta, per ib. cit Ny-duty 25,

орга

Exchange Rates

„Bualņem - was done, in the monical exchange market morning at the following-rated-

VB. dollar' (per #1) Starling notes: (DEF) 81) Australian notes per 20 Indonesian rupiah (par 100) Biem: ticis (per 100

Marks & Spencer Ltd-5%y__735d Woolworth 22 WA & Co.-626.

Textili, Coale 3, &. P. L16-246. KL Courtauls Lid de kd, -

Mlow Anglo-American. Corp of Southi Affles170 20. *Ċenis Golareidą of South Africa-

Cong. Zine. Corp. Ord, Bin.. -De Beers deterior Tid. Hongker 10— 19140. Petaling (250ml

and 1150. Southem Kinta

Union Corp-868 Tijd. West Driefontein Qoidmining Wast Rand Cong240 7314. Balleh Horneo Petroleum, Kyndile Ballan-Pairotesimi Chi Ladi-686 Eurmah++DRI, BLA Royal Dusan Patroleum-

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