1959-04-16 — Page 9

China Mail 德臣西報 中國郵報 All

RANSPORTATION

THE CHINA MAIL,

THURSDAY, APRIL 16, 1959,

Pagė

Iraqis Believed INDUSTRY'S CASE WALL STREET SPRING

Planning

Indoor Assembly Line New Oil Grab

ΟΝ

Production

Of Giant Tankers

Stockholm.

¡N March 18, two heavy blasts echoed in the Gothenburg outer port area, which marked the introduction of a new venture in shipbuilding. They were the first clearing blasts for a large new

By LORD LAMBTON, MP

London, April 15.

It appears likely that frag is now demanding à 20 per cent capital holding in the £83,500,000 Iraq Petroleum Company. This is supported by conversations that I had with Prime Minister Kassem and his Foreign Ministor last October.

At present

shipyard, which when completed at the end of [of IPC. &part from the verwng it?" 1962 will probably be unique in modernity and rational production methods.

Planned for "indvor" buildilarat

the assembly line principle and

11

of ships up to 100,000 tons on

featuring techn cul systems, the newyned is being constructed by the large Golaverken shiphuldiers. It will Steve D annual productive esparity of about 200,000 to

series of novel

d. w., it is entfainted that Die building time for 40,000-

Aluminium Lifeboats

For Sub-Zero Weather

TWO aluminium lifeboats

each capable of accom.

ron tanker will be redend in 28 | modating 54 people and ws, or by ante 500 per vent,

CHIEF AIM

The chief aim behind the de- ebion has not been to increase the bullding spielty proper, buy to provide the yard with thoroughly rationalked produc thon fheilities To meet the ever keiner competition £12 2.hip. allting, the Gotaverken head, Me Hilding Nielsen, deviared when demonstrating the pro- Je to the press. The new yard is estimated to cost about US$30,000,000 and is one of the largest single industring projects entered tipon BL Sweden in recent decades.

designed for service in sub-

"But who

the ownership, quibbling," said:

DLT cent owned by the Gulbenkian Foundation. equally divided among British Petroleum, Royni Dutch Shell, Companie

Francaise des Petroles,

of

Is How He Stood

and

American oil giants.

Loup

The sole Interest that Iraq has la

payment of a royalty

profits.

50 per cent of the More Profit.

company's

Later, I Kassem

. | pr

asked General himself how

stood on the version of this

WIRE broadcast

F

matter, and a conversation

on Baglad

Badlo, went as follows:

"On the oil agreements The Prime Minister said that Iraq

Sought would maintain her rights.... Apart from the establish- [ind if her neighbours obtained ment of the new prisciple of a greater part of the profits inten shared ownership, the Iraqisat would immediately demand

their the same shiare,

are seeking to increase

share of the company's profi by 10 per cent,

then

acting

"Everything could be settled zero temperatures are to be built in Britain for Canadian to my attention fast autumn by Iraq was determined

All this was brought forcibly by agreement and understand owners, by Gregson & Co, Sadiq Shassan,

increw export and production, West Chirton Trading Estate, Foreign Minister,

wad to And other markets for her 01. North Shields, Northumber-subject of British

He suddenly brought up the

"Lambton said that 1.P.C. had Petroleum's land.

bonus issu

just year, and of 2101 million Issued shares Mumintal

last naked whether the Traq Govern- ment had the sume right, In September. "Iraq,"

he said, "had the fuel, I did not suy this.

"The Prime Minister answered right to 20 per cent of all

that the agreement Hove Trwy slurcs issued,'

the right to recrine 20 per cent of the altareR."

They are the latest of a num- Ear of orders for powered and reif-propelled small craft placed by Canadian marine interests with North of England bost building company.

The diesel-powered lifeboats -the engines have special start- ing equipment to "cope with sula-zero temperatures — have

have

one

Tie shipyard in being is situated at Arendal, in a virgin | been ordered by Lauzon, Leves, rocky brea on the northern | Quebre, shore of the approach to the Port of Gothenburg.

The British company where Golaverken

Just has acquired

delivered recently 1,000,000 sq. m. of ond, or a site Tat times thai of its present yard orea in the inner port, in contrust to most yards, It will have a relatively short "shore ne." Extending over 1,100 yards inland, the "work-

24ft. aluminium lifeboat which will be used by an ice-breaker to the order of Marine Indus- trica Ltd, Sorel, Quebre Province, Canada

shops and the twn building St. Lawrence Seaway

docks form a concentrate straight production line requir- !

a minimum of transport. Starting from the completely mechanised plate yard at the far end of UIL plant

material

will proceed' on roller innes tu

plate and pronting

Workshops

to the large assembly hall. Here

the hull, stern first, is assembled

of new

chures

When I pointed out that it was not IPC who had made issue, he shrugged his Toulders, ane,

DE If I was

the

HONGKONG

STOCK EXCHANGE

Our Own Correspondent

That they confused XP and IPC is irrelevant, for 1 certainly go the distinct impresslun um both the Prime Minister and the Foscian Minister that they con- sidered that they had a right to a capital holding in the com- pany.

-fLondon Express Servicz).

Exchange Rates

FOR STEEL

London, April 15. The British Iron and Alcel Federation today presents the Industry's case against nationalisation - in a 20-page booklet of argumenta, maps and stæ: afica entled "Sire), Fact Mud Piello,”

The bookle examines the Infantry record and gives a point by point reply to alatements made in the

Labour Party publicalish "Sleef ånd the Nation

It claim a record for the industry of expansion, technicat DrOTESE, goot labour relations, and, rising productivity and maintaly that nationalisation would Jeopardise the Industry's ovciecas connections, Tower Its efficiency and place "a new and unnecessary

financial burden

the laxpayer." China Mall Special.

תם

New York Cotton Market

May

..

RALLY MAY BE UNDER WAY

New York, April 15,

The stock market enjoyed another day of rising prices today and

market analysis cautiously suggested that the spring rally máy be gotting underway.

The rally-ile fourth In Il

row-carried

average

Industrial wiihin striking distance of the all-time high set on March 13. The railroad average crept close to its best level of the year, reached in January.

There

WETV

auth gelns a-plenty in the main list as Cominated the market buying all day. Electronics, ralls, non- ferrous metals, chemicals, cameras, appliances, tyres, glass i and numerous specialties featured with gains of one and two points or more. IBM ran up past nine near the clust

Backed Away

Some Issues backed trem

close

thor highs near

Belehem Ster)

Bceina Airolane

Borden (The) Co.

Naonal Dairy Prod

12 4016

National end

0

National Barel Corp.

Burroughs Add Michine

134 5244

New York Central

Noranda Mines Ltd

Nurtuik & Westes

Ry

21

Callt. Packing Corp.

Campbelt Boup Co Canadian

COLO

Co. Pacific Ht.

Cat. Tractor Celanau Cory,

C. 1. T. Financial Corp Chase, Manhat, Bank Chrysler Motors Clust: Realrady calzate-Palmvitve Ch Odluation. Carbon Co. Cosnercial. Credil Commonwealth Efee.

confdsted Edison Continental Oil of Crown Zelterback Cuban Ainer. Sugar

2002

North Amer. Aviation

Nast-West Airlines (Comi

Olin Mathieson ....

Qu

12 car renter

15

53

40

Glass

Oxford Paper Co Pacilis Gay & Elec, Pan American Airways

Paratonant Pictures Penny J. C. cu.

Penn. Balt Co

402 Pp Morris

63

والمال

Procter & Gamble Co.

Pitney Tower

Pulsburgh Plate Class

Publicker Industries

Puse Oil******

Radio Corporation

Diamond Aikat

634%

Dianond Card

342

Douglas Aiterafı

02

Rodin Coru. Piet

Dow Chemicals

15

Republie Sier

Dupont de Namatira

230

Reynolds Metal

Evitern Atline

4511

Sears, Itobuck

Co

pway

the

Eastman Kodak (new) El Paso National Gas Family Finance Corp Firestone The Rubber

70

Shell of Co..

334

Baleway Stores

331

Saini Reg. Paper

144

Scott Paper

334 Strelair Oil...

601

01

Solar Aircrafl

7034

South Purit Riese Sugar

Southern Ch. (the)

$3

while others extended

their gains right up to the closing bell.

New York, April 15.

contract liquidation,

Of a total 1,237 issues traded anticipating first notice 574 were higher and 438 lower. day next week. and

American Exchange volume moderate hedge solling was 1,540,000 shares. kept cotton futures on the dofensivo again today în quiet dealings.

Today's volume was 3,080,000 shares.

Closing on

the

Bonds volume amounted

20,110,000.

Daw-Jones closing

Wire

industrials

13 utilities

20 rails

65 stocks

Comm, future ptics Index

First Nat. City Bank Fund Mulur... General Dynamics

General Electric

Cenerul Foods

General Motors

Gen. Pub, Util,

Gen, Tyre & Rubber

Georgia Parific

|

Glidden C

Getty ou

Guernich (0, P.) C

12 СПбосурат туть. Gran Aircraft

everages Organ

Closing Prices

reaction et finished net 8 to 17 points lower. The murket opened off four lo up four points. New 40 Izanda Orleans closed off 1 points.

Commencement of trading in 1000-01 delivery, the October, co-featured the

trade,

The new October started at 29.06 or two cents 1 pound, cents

de under the preceding July

Subsequently, it start livery, ed to move up gradually

wide buying attracted by the discount. October reached 30.00 cents a pound, narrowing the spread under July to about 11⁄4 conts a pound.

In the old crop months, May dropped to 35.51 to show a cumulative loss of 45 points $2.25 bale from the previous high of 35.00 set on April 3. Open May contracts today

238,700

The totalled

bales, certificated stock declined 815 bales from the last posting to 1.02 72.475 leo.-U.P.I.

0.72

Bariness was done in the Jucal Unofetal exchange market 11 maning at the following rates:- U.S. dollars iper 31.... Stething roles (per 433 .......

16.00 Australian notes (per £U .. 12.53 Indonesian rupiah (per 100) 0,30 20.00 Business done on the Ifang-Blam licals (per 100

Singapore (${m}) kont Stock Exchange this morning amounted to approx!- Ottawa, April 15. mately $200,000. Noon quota- million St tions and the morning's trans- THE £160

Lowrence Seaway link-actions:

Shure

Buyers Beliers

Sales

Open April 25

welding shops and further on ing America's heartland to BANKS

the Atlantic will open for Bank..

in sections weighing up 200 navigation on Saturday, Fast Asle

Unkn

fons. Gradually us new sections, April 25, Canada's Trans- INSURANCES are added the hull moves on part Minister, Mr George Lombard rollers into one of the open-air Hees announced today. building docks, each measuring 300 x 40 x 10.0 metres, where installation of machinery and sident

Queen

rad

#T:

20 BJ7.5

B45

010

$ 815

10 1075

294

73'

22 70

11.20 11.38

K Lord 1234 93

33 33

24.40 24.0

14.40 14 00

333

1.55

1.68 5000 1.575

RUDER Amalg

2.10

J

Elizabeth Eisenhower

senway officially Duck

ether equipment is performed decka the

BHIPPING Waterboal Whetlock Pre-DOCKS, ETC

to K. Whart Provident LAND. ET IK Hotel

from dockside plants. It is open in ceremonies on June 26. Takoa estimated that the ship will be completed and ready for her

Mr Hces made the announce-

trial run only two weeks after ment in the Commons following

the pros had left the assembly Kompletion at an aerial survey Humphreys hall-where the stem section indicating ice will have cleared Really

the-Montreal and of the sca- way by April 25.

Jur

Can

j-

the next sily mediately be put on the roller

Jane_There will be not _The_Guvernunent icebreaker.

pecfercular inmehring The dock

Deville, with Mentor

is simply filled with water and the ship towed out,

LARGE WIDTH

The Inge widt

"of the build-

aboard, is to lead the first mer- A. TAWEN

Sumgain chant ship through the lower TIES end of the waterway.Router. TIRM

ing docks, 46 m, will inuke i Hunting Clan

possible to build two 20,000-ton

Tankers simultaneously in the

same dock, thereby ensuring Troop Contract

rational use of the production.

facilities also

"maller ships.

when building

At the now Arendal shipyard

HUNTING

London, April 15.

Clarnir Trans- sport Ltd. have been given

-projected by the Gotaverkena contract by the Air Ministry director Nils Svensson who has for air trooping

to Singapore

also designed the steep roller for all three Services. Jenes capable of earrying a lond

Britannia-317

the

alreridt will new service,

41 200 tons per metre-and for be used in

which patents have been applied

for-practically all work will be which will start in May. Each

performed indoors.

This will

Star Furry Paumati

Ligh Electric

Macao E Tel.

Yesterday's Closing

AbAR PWH & Paper Aklen Ine. Acy..... Algoma Steel Corp Allled Cheinicafi Allied Mus loc. All Chamimor Am. Blake Shue American Airline American Chle

· Corp.

American Cyanand Co. Amer. Forgn. Power Am. Gax & Electric Am. Home Prod. Am. Mach. & dry American Mosal

American smelting

am. Sugar Ret. Ameries Tel & Tel American Tod. "B" Armes Steel Anaconda Coppar.

Armour

All Cone. Mining Raiwin.Lima-Itam, Hjaltimore & Ohio Bank of Montreal (d) Beneficial Finance Bell Aviation Corp, Benguet Com.

Heyden Newport Corp.

Home take Ming Co.

Ingersoll-Rand

€12.50

164.55

Idaho Power

$2.79

21110

43.32

159.90

Inland Steel Co.

Interchemical Corp. (new)

Business Machines

Int Harvester

international Nickel

50m, Cile & French

Sucony Mall Oit

반대!

Bouthern Natt:nal Ga Boutlier

23Btandard On of Cal.

ICUM.

4Standard Ou of Inet. Standard Oil of NJ. Steep Hook (Torontu Ekg) Pik Sterling Druk Co

Ritokely-Van Camp. Stone & Webster... Studebaker-Packard Core, Sunshine Mining

113!

4322 swift & Cu. 100's Texas Co.

Textron Inc.

2017okol Chem.

Tide Water Aran. Oit Time Inc.

Tri-Cont. Warrants

Twentieth Century Fox Fini

Union Pacie Hallway

United Aircraft

United Frut

United 044 Corp. 1.S. Foll "B"

Сурвит

கேர

DIW

In Tel & Tel"

International Fuer

119

391%

Union Carbide

33%

John Manville Co.

0727

Lr.son Oil of Cal.

2013

Kairer Industry

101

Kansas C. Power & Jight

103 ·

Kennecolt Copper

113

43

Kimberly Clark

201

Iggeli Meyers Tab. Co.

401

Lily Talo........

Da

31%

Lockherd Asteratt

RACIO

Loews Incorp,

124

Lane Star Cement Co.

341

437

102

BI

101

14%

233alon Development

2811

GO

Maneshto Chemical Co

44

MontxureTY Ward

20

Motorola Ins.

1001

Notional user Co.

52

National Cash kex. “A”

70%

COMMODITY PRICES

FOREIGN EXCHANGE

NEW YORK

Closing rates were:

England Metal 2.40 21000 2.40 | Belgium...

100902373 Others unchanged.

LONDON

201 11/10 5:06 5/3

5000 or 2.375 -6909.193 179 |_ Closing: rules --AVATA

New York 11/25/10

Montreal Inruskein 27.10 Cependan 200 27.10 okturi

Allan CORAL 272

3015

27 27.10

200

131, 94 jana 1970 23 40 27,

23.10 25.40

220.00

400 4 27.40 200 g 27-40

175 101%

30

27 533... 20.00

INDUSTRIALS Cenians STORES, ETC. Dairy XD..

16 15.40 Wation ... 10.30 H

100 14 300 14 10 500 14.10

GOD. 14.20

2.71 9/16-231 11/19 14053-142.50 10.30-10.30 $ 11.70 1/6-11.78 573 3748 1/4-1748 3/4

Stockho

14.57-1437 174 £ 10-12.18 1A ZurkAN Others unchanged.—U12.I,

COTTON

NEW YORK

cotton at 14 destinated spo: markels was 34.54 cents..

Toinl salus were 10,700 bales.-U.P..

RUBBER

NEW YORK -Rextubber (utures Joday- closed 60 to 90 points lower with sales of 129 contracts.

Closing prices:

SUGAR

NEW YORK

Lowsnatein & Sona,

McDennoli J. Rav

McDonnell Aircraft

Stack Exg.)

Mesabi Iron Corp.

Minnesɔ Mining

134 US Line Co. 32.S. Rubber

U.S. Smelling

8. Steel

R

(xd)

Warner Bros. Waukesha Motore ........ Werttaghouse Air Brake Westinghoure Electric Wertern Union Tel. Co. West Va. Pulp & Paper Winn- Stores Woolworth (K, W.

Zenith Radio

New London Account

Opens

Satisfactorily

London, April 15.

The first day of a new London Stock Exchange account was a satisfactory affair with indus- trial equities and gold shares attracting most attention.

Giltedged securities had very quiet day and tended to eace slightly.

all tower.

Cantuje 240-£$1-11/10. Conašla 49-— £75^3/10. Conversion an

ti

COU

1900

Loan 3. 1039/09-

Funding Str.cit 34 185/0/2004- £73-5/16.

Funding Luan 40%, 1960/00-21. Bavinen ars, 1973/C5—Co1?. Saviner S75, 1000/70-£81-7/10. Baving 3, 1963/7-76-1/10.

Hank Barclays Bank "A" Lid ord---${# Cartered Bank-474 94. Hongkong-

Foreign bands were dill with Japanese, Chinese and Greets El

Bollar stocks however were World No. 4 sugur futures Arm reflecting the overnight closed today unchanged to two advance la Trönsailantie values. points lower with sales of 419

Numerous gains were record- ed in the industrial Storket but contracts.

were not always Domestic No, G sugar futures best levels closed unchanged to one point heid. Engineering ahares were

con- again outstanding and the higher sales of 08

SZELENEHeature was a substantial rise in Brush imkca, following news of a bid from the Ameri-

Roller can company, Timken Bearing. Newspapers tended to impróvé but Bowater Paper Corporation Jost part

tracts.

Contract No. 4 (world)

May

2.00

33.80 33.00-65

July

2.34

Sepit

2.07

33.14.

22.16

2.09

Jun

3.00

Afor.

3.00

May

3.05

July

Sept

Spot-(cents per lb. fol

"Cube)-*** Open interest; 0.87 contracta. Contract No, ¤ (domestic)

3.10 3.10

2.80

May July

1.30

Sept.

5.60

Nov.

1.18

Spot-teenia per 1 ele

[ex-duty}

0.25 Open interest: 5,021 contract,

-U.P.I.

Speculative quidation and the uncovering of stop loga orders met o scale-down de- mand from dealers and other trode interests. The hurry to

Equidate was touched off, the tradu

dls- the thought, by ecurogingly low consumer de-

Prices of futures closed today | mand for spot supply and their

as follows:

Spa:

14.30

May

200 14.20

July

L. Craw COTTONS Textile | Nenyang

INVESTMENTS

10.40 102

4.123 7.30

020 64 10.40

Cel.

Dec.

Mar

1000

7.75

May

Oct.

4.45

103%

aight will carry over 100 the United inean doing away with all the passengers from effects niid delays. of badingdom to Singapore in about weather and niso permit of 24 hours direct, instead of three using automalle weiding tools and a half days with overnight & FE and other equipment on a larger stops-France-Presse.

scale.

Plates of larger dimensions

than hitherto can be used in the Baltic

new plant, which in turn reduces

the number of welding joints

in the practically 100 per cent

welded ships. All-in-all, a re-

duction in building time of about

Exchange

London, April 15. NOTHER slack day passed in Far East trades on the

30 per cent Is estimated for Baile Exchange and little fresh standardised types of ships, as enquiry

WAB arranged by

compared will the production Japanese who took another ship for wheat from British Colum- at Gotaverken's present estab-

shments which are regardedbin at the figure of $8.75 for April loading. Both Japanese mond Russian charterers pre

as very modern.

When the new yard is ready, looking for further grain car- some of the berths at the present riers and the Pacife continues Gotaverken plant will be closed firm. Polish Interests took the down, while

the others will Pule Conqueror for whent mainly be used for building from the St Lawrence to Po- non-scries vessels. Moreover, land at $5 for May while out- repair activities, and the com ward, tornage of 12,000 tons pany's évar larger production of was engaged for fertilizera .--- Blesglongina Band-cottak (and general kungo from Ger machinery will be carried on in many or Holland to China at

155/- FIO for April.--UP.I. present establishments:

Int. Invest.. Allled

Inves

NEW ORLEANS

35.00

33.09

34.91

52.30

2.-43

#1.53

22.5

21.02

refusal to be impressed, by the recent Independent strength in futures. Spot No. 1 Ris quoted at 33 cents.

The

was

WOK

LONDON

barely market steady with spot quoted at: 27 pence per lb. Prices; No. 1 s spot ...

Prices of futures closed today settlement haus terrn:

as follows:

Spol

May

July

Oct

CITY LIGHTS

Dec.

MOT

May

July

Qut

- you knew my life you wouldn't think # worth tiping --- fot

Insuring."

alone

Genden Express Sarelas,

LIVERPOOL

METALS-

NEW YORK

Prices of metal futures today closed in cents per ib. as fol- lows:

June

24.40

July/Bept. Clet/Dec.

35.01

Jan/mar.

2794-2736 273-28 23-201

27

34.91

General markek, ci? baale, ports:

Lend

May and June ...

271-132

May

12.39

Estale crepe this May.

July

32.60

Zina

thick May

32.00

MAY

31.00

SINGAPORE

July

Copper

May

July

2010

Despite belter overscas · nd-

Collon future closings, in vlees the market opened around

pence per lb. were as follows;

American Conizuot

May/June

October/Neveinber

July/August

December/January

March/Apri

May/June

July/August,

DeceAntil

the previous levels and eased T sharply on profit taking and 21.84 upcountry liquidation, Futures: 21.50 No. 1 rubber per lb. 1day De14-24% 72.65

June 14-947 2000 No. à rubber per 16. 383 High

Hr

Bpot rubber unbaled

13

L

22.00 anket grepe !!***

... 00015

No. 1 pale crepe citrus 08-0

AMSTERDAM

10.78

The No. 3

Mixed Contract

Nu, 4

Delober/Noventbar

1.70

SAO PAULO Cotton future closings, cruzeiros per kilo, were all un- quoted today.

in

kilogram, eif May da follówił

No. 1 rubber-

T. DEPA

No. 2 rubber re

1. 2.00.BUNDIN

In the United

States, tha

No. 3 rubber

2,14 buyeri

·average

price

of

one-inch

No. 1 grape

May

July

LONDON

of

ពត

Insurance

Union Insuranco Canton-242/10.

rare talentatoren Brlich Motor Corp. Orde d Ford Motor Co-678 11,

Breweries Mirilliaca-Lo 73 3d

|_

Bufiding and Materials fated Portland Cement-004.

Johnson Arracialca Ogl

Coal, Steel and Engineering Buheck Wilcox Lids. Vickers Ltd-33%

Food and Tobacen

British American Tob. Co., Ltd-

674 pa kali

initial gain following an un- changed dividend. Textiles were 19 Arm but Courtaulde eased on news of short-time working at a British Nylon Spinners fac- Lory. Imperial Chemicals were dull for the same reason re necting their interests therein. STORES HIGHER Stores were mainly higher with Marks and Spencer pro-

Mectricala tinent.

were

this

harder with Elliott-Automation parteularly firm in advance of

due later We dividend

Buliding shares went monti.

shead. There wete further widespread gains among

miscellaneous issues but some of the leaders closed below the best.

the

Imperial Tobacco

10.

Co..

Lid-800

Miscellaneous British Oxygen Ltd Ord—54% D. Canadian Pacino My-344. Dunlop Rubber Co -20% 0. Hongkong & China Gar-131 Gd. Imperial Chemical 34 468- Lyon & Co.-81 Unilever Lid—00% 148.

Paper

Bewaler Paper Corp Ord-470 3. Radio and Electrical Asociated ectrical (c. Electrical & Musicais English Eleefrie Co-46, 95. General Electric-3 d.

Balpping

Indochina team Nav. Co, def ard PAD Steam Navigation def ord

Among insurance shores Royal Exchange rose sharply-34 d. following an increased dividend 32 1d.

n rights suc on allrec-

Uve terms.

met rc-

Stores

Great Universal Stores "A-334

Marks & Spencer Ltd-581 70. Woolworth F. W. & Cu~209 Tyd, Mathes Anglo-American

Oll shares were quietly fr-1044 regular but rubbers

went fur- shares were

10405

10.5327

and

2056

$1,6TD

newed support and

100.73b

ther ahead. Tea piso firm

100.62

30.33b

Gold sheres had a good day with some sharp Maine

מן

Africa=1730 pet,

Corp of Bouth Cone Goldfields of South Africa--

Cone Zine Corp., Ord-AZA.

De Beers det-19is hd,

Free Bunte Development & Invest-

Prices of metals closed today Orange Free State Issues folinens-paid

in sterling per long ton as fol- towing some good quarterly re-

lows:

Tio

Spot

3-month

Copper Foot

-monta

The market was easier today. Prices closed in guilders per Land let balr

2.85 vers

وان کر

April

Eine 1st ha

April

July

buyers Sellers

753

78336

កូ

184

260

ports, Free State Geduld and both Western Holdings were several shillings higher.

Cooper opened firm under American influence but later reacted with a fresh full in the London price of the... metel,

Closing Prices

dubazna Hábiðu Brilth Transport 25, 1978/05- A SKIING.

Hongkong TiŃ (# 10140.

Putting Tin-ös 6d. Fland-06 P.

South Kini Con Lid-2 d. Union Corp-4s 6d.

Western Driefontein, Goldmining- 1945 492d..

West and Cang24.34.

Delstah

carneo Petroleumi Byndi. British Petroleum - Co, Lid-dis®

Royal Dutch Petroleum-£13-2/3. Shell Transport

130% 24 xd.-Mauter.

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