1959-05-20 — Page 9

ANSPORTATION

The Air Roads Of Maiden Voyage The Far East

SIR GERARD D'ERLANGER

FEW

To West Africa

THE motor vassel Dogema

T on the viver Tea To

cently to complete her cargo fooding in London prior to hor maiden voyage to Wost Africa.

Many of her crew # 36 men welt civil officers an

recruited in West Africa and e

"(Chairman of Boae)- EW fields of human en

deavour have soon more rapid or more tar-reaching

than developments artatlan. In o Fow swift tribute was paid to them aboard docodes, we have seen airship before salling when

from the were given transport grow

good withea dream of a low pioneers into succesful voyaging.

The Degema Is "The first a great, far-reaching and two ships of her class to be bulit progressive Industry, whose at West influence has already been felt in almost every country of the world.

For us who work in civil

than for the aviation, no less

millions of passengers of every race whoni we carry, the future

of our industry exenting challenge.

represents

For Bene the year 1859 3 one of special pride, in the last few months we have see the de Havilland Comet 4 Jet atrliner introduced Isto regular service en Cur long-range routes linking Europe with the Far East, following its brilliant drbut on bur North Aflantle services.

THRESHOLD

Now, we confidently believe,

they for

ધા

Sir

Hartlepool by William Gray, and Sons Ltd for der Dempster Lines Lic. She

has the first of the new Gray- Doxford Ave cylinder, 5,500 bp pil engines which incurporate the intest type of injection equipment perfected at Gray's marine engine works.

une

Her sister whip, the Bixcove, wis Junched recently on the Tees, and three other ships of the

class for Eker Dumpster

built at are bring Scottish yards.

Tres-vide bos

of the world's greatest concentrations of chemical industries, and it world famous also for her steel products.

Degema will tees-side produced certy atstural steel for bridge bulding, steel sleepers, rods and

5bitי

the Cemet stand on the thres wire mesh and

and

hold of new achievements us enters rvice through more of the great cities of Asia on its way to Singapore

Hong- keng. Here, too, we believe that it will add to the splendid reputation It has alrendy warned for itself.

We are sure that it will be

in more than worthy successor

to the attractive jel-prop Bris tol Britannio, which has served U so well on our

Eastern

bitumen

overall and can load 9.430 tons. in her carito. She is 400 feet SPECIAL FEATURES

Her many special features in- house clude a combined wheel and chart room with all the lalesi navigational aids, electric winches for fast handling of corpora, and inert gas fre

extinguishing equipment. She la air conditioned throughout.

The Dogema is named after a town on the river Sombreiro in Nigeria, er main ports of call.

Free-

routes in recent years and willin West Africa will be continue to be highly popular town, Takoradi, Accra, Lagos,

Apapa and Port Harcourt.

Colonel

with our

passengers on muny

of our international services.

looking with

41 are

11

But, In Adence to the future, enubly fortunate. For some time, we can equal pride to the achievement

of the

look with

pasi nchievements

-

President

John

Peckton, of Tecs-side Loc South Wort Durham Chamber

of Commerce, ut a reception bas fore the ship safled, said: "One

think-

hopes that this example of wise expenditure and sound ing, based on getterations of ex- perience, will de mich promote and to extend the trace from this part of the world to West Africa."

which, while significant enough in themselves, were also in a very real some the foundations on which the evil aviation in- dustry of today has been bullt. It is interesting to recall, for *Example, that it is just 40 years ao dive two British pilots, Jolur Alenek and Arthur Whit New Canberras

ton Brown, mude the 1! non-

slop crossing of

North The

Atlantic by arroplane. For Three Year!

40 YEARS

11 in 40 years, too, since the Arst 13rlish regular commerein)

alr rervice was introduced be- tween London and Paris.

Preston,

LO

MANBERRA bombers will

continue in production | For at loast another three| aver 30 years yours, a spokesman for the since a less dramatic but equally makers, English Electric, soid signlükkant event-the first beau- for commercial air service from on the bomber's 10th anni.

And it is just

Brilain to Indła.

beginning

versary.

Presumen visited

An

order for the bombers is that Expected from Iraq, now the British Government has given English Electric perimis- sion to sell a limited number of

freenst tot

That

country. DOLLAR EARNER

From this modest

the Arm's have grown the great ctwork foetory near here, and watched of commercial ale pervices the maiden flight of a Canberra which today link cur countries, trainer for the Indian Air Rochkevement which lies very Force.

of the largely to the credit plonvers of Imperial Airways who in a few short years truns formed the air journey, between Indland Britain from some- thing of an adventure Into the easy and rapid-night of today.

But no enterprise, of course,

Canberrax have earned more least of all an airline, can rest

4250 million in export upon the achievonent of the orders, much of it in dollars. pribad we are very mum Altogether 1335 Have Been alive to the sprees in a sternly Industry,

than

demands of pro-made in 10 years and 23 dit-

competitive

ferent types have beer. developed.

The introduction of the Conict

The Canberra as set up 22 world records—inore

4, the culmination of so many official

of

years of faith and hard work, than any other jet plane the itself an indication

our world, and it still holds 18 uf

to determination, not merely

times, but

keep abreast of the

these

One of its records suil to be

well ahead of them. Later this beaten is 4,200 miles from Bri- year, we look forward to intrtain to Nairobi, Kenya, in eight jet services lining hours 12 minutes-China Mail ducing

Europe with India, Southeast Special.

Asia and Australia, while a le

later, we shall see the debut of

the magnificant Boeing 707 air- Attempt To Break

liners on our Atlantic routes.

NEW AIRCRAFT.

Further ahead still, we look forward cagerly to introducing our newest aircraft, the

very

large Vickers VC.10, on services

The Heat Barrier'

London, May 19.

THE CHINA MAIL, WEDNESDAY, MAY 20, 1959.

IRREGULAR DAY ON HONGKONG London Hits

NEW YORK MARKET

New York, May 19.

Stocks advanced irregularly today and at their highs threatened

the old record high in the industrial average,

STOCK

EXCHANGE

Our Own Correspond at

Business done on the Hong- kong Stock Exchange this mor-

$1,233,000. Noon quotations and the morning's transactions were:

Buyers Boilers Bales BANKS

Some profit-taking developed near closing time in auto shares which had

been strong leaders of the advance. At the highs their gains rangedning amounted to approximately to nearly two points. Chemicals registered wider gains than motors and held more of them.

It was a day of céntracts with suas the target of sellers and druga meeting considerable profit-taking. Some rejuvenation

was noted in the

oits. Steel had an irregular rise. Special Issues had a few wide movers but for the .ost part their fluctuations bold in a smaller arth than in recent markets.

Money Rates

Trading picked up in volume for the day but except for short period after the opening the tickers caslly kept pace with the dealings. The caring tɔn- | denes late in the day came as

money

rates were Brning to get into line with the higher prime Interest rates announced Inte last week.

Oi Revator

Owen-Illinois Ciam Orford Paper Co

Radio Corp. Fret. Научном

SK Band..

INSURANCES Untom XD.. SHEPING Waterboat.

Wheelocks

***

18000

30 ar DG232

30

73

$100 12

1093

13

Standard Ol of NJ,

2015

Steep Rock (Toronto Exge.)

15

30

Aterking Drug Co....

Pholic Gai à Eiro. Pas American Airways .... Paramount Pictures

Stokely-Van Camp,

211

Ezone & Webster

481

Studebaker-Packard Corp.

321%

Parke Davis Co.

4015

| Burihine Mining

Si

Penny J. C. Co.

Swil de Co.

Penn Bait Co. Philip Morris

Texas Co.

AD

Textron The.

Piney Bow ...........

Thickel Chem.

Procter & Gamble Co

BOT

Tide Water Arm. O

272

Pittsburgh Piste Clas

Time Inc.**

Publicker Industrier

10%

Tri-Cont. Warrants

Pure Ol.......

Twentieth Century Fox Film

DOCKS, ETC. .K. Where

Dock

40% 40.70

Radio Corporation

Union Carbide ....

07

7142

Urian Oll of Cal

500

0731

Union Pacific Railway

3.43

45.25

711

United Aircraft

1100

BOT

United Frult

110

Provident Talkoo

11.20

1312

LAND, ETC.

B

Bmith, Ce & Frenchs

14"

Socony Moba qu

405%

Solar Aberafin

South Puerto Rico Sugar

Southers Co. (The)

Bouthern Neckmat Ga

US Steel 7 P.C. P Warner Bros. Waukesha Motors Westinghouse Air Brake Westinghouse Electric Wekem Union Tel. Co. West Va. Pulp & Paper Winn-Dixie Stores

2441 43

HK Hotal 2730

MK Land.. 37.75

Humphrey 13.50 15.90 1003 Really

1.00 1.05

13

RUBBER Amal.....

44%

4145

Trant

Standard Darcha

Woolworth (K. W.)

B47

A Tawa Th

Standard Od of Cal

8814 | Zenith Radia

Standard Os of Indi

Hepublic Etea) Hernolds Metal

Boyal Bank of Canada Scam, Roebuck & Co.

Shell Oil Co.

baraway Stores

Salat teg. „Paper

Betwerdey Inc.

Scott Paper

Today's volume was 3.170.000 Bouthern Italy Com./

share.

On total 1,213 Issues traded 512 were higher und 506 lower. American Exchange volume was 1,410,000 shares.

Bonds volume amounted $5,840,000.

Dow-Jones

were:

150 alustrial

20 tits

15

-

03 Kloths 40 bunde

to

clusing averages

Congo. Iulune price Index ..

Closing Prices

Abitibi Pwr, & Paper

Alden Inc. Acy

Alguma Steel Corp. Allied Chemicals

Allied Mills Loc.

Allis Chaboers

Ans Brake Bhoe

American Airline.

An. Cable & Radio Corp. American Cyanmanid Co.

Awer & Forgh. Power Am. Gay & Electric Am. Home Prod. Ain. Mach. & Pdry. American Metal Am. Naturi Cas American Sinelting A. Sugat Net. .... American Tel & Til

United Gas Corp. U.8. Toll "D" 45US. Gypsum

8. Line Co, 27. Rubber 49 Bmelting

253. Bee!

דנס

08

UNITED STATES

HAS A

033.44

106 02

TAJ 163

217

14.02

35430

GOLD PROBLEM

361

07%

30

DC

New York, May 19.

WRITER aald today that

100%

Sungla

UTILITIES

Tam

2.423 2.475 100032.479- 10073 6 2.45

2.425

235

29% 28.00, 1000

2002

Blar Ferry.. 115 Tarra... C. Light

Electric

100 101 2 - 121 14.10 10.20

Telesales INDUSTRUALS Cement

3309 18.25 27.00 27.70 3047 % 21.8)

20 20.20

... 31.75 2.23

Amoy Con. 31s STORES, ETC, Dalry ......

100 27.70 1020 - 27.80 1009 200

1500 15.73

3000 32

1731 - 95

600 # 325D

I

16.20 10:40

300 6 10,377 400 10.30 1000 10.30

Walton

14.00

1. Craw... 17.00 COTTONS Texule

1000 17.70

1030 * 4.945

million of 'free' monetary Noryang gold," Mr Hazlit wrote.

8.35

8.50

1000* 0.30

1000 0.30

1000 8.33

MISCELLANEOUS

any complacency Abou! the apiflow of gold from the "Banks in the United States Entert. United

already have short-term | INVESTMENTS Habilities to foreigners total- H.K. & F.E.

warranted.

States WAR 117-

The writer, Mr Henry HazM1, was commenting in Newz. week

magazine on the de-

cline in U.S. gold stocks from peak of $24,800 million li 1949 to their present level of $20,209 niifion,

11

0024

15

1303%

#2

21

021

492%

2453

and deposits of the

American Tob, "D"

181

Aunconda Cupper Aingo Steel | Ainur Altar Cona. Mining Baldwin-Lima-dimer,

100%

Reserve Banks are required

by law to be backed by 25

24

per cent of gold. As of May

10

Altimore & Oile Bank of Montreal Beneficial Finance Bendix Aviation Corp. Beauet Coas Bethlehem Steel

Co.

Burroughs Add_Machine Bricks Amer, Ou

Driting Columbia Pwri Calif. Packing Corp.

Cans, R. of Comir. Compbell Soup Co. Canadian. Pacific R. Case 11. J.)

Cat. Trector

Celanese Com

Co.

C I. T. Financial Corp. Clix Nanal Bank Chrysler Motor Chett Peabody Cokale Pamolive Co. Colombian Carton Cu. Copunerell Credi Comulidated. Edison Consimental 1 of Del. Crown Zellerbach Cuban Amer. Bucar. Diamond Alka!! Diamond jard

Dominian Storen

Douglas Aircraft ... Dow Chemienda Dupont de Nemour Kastman Kodak Eastern Airline

Tano Nalianal Ga Family Finance Corp.

"The 'free' gold supply in com- paratively small The notes

ling $16,000 million. So if foreigners really elected to withdraw their deposita and short-term nasela in gold-the alluation would become very serious.....

of

"The chief reason for the out- flow of sold is distrust of the future

the American dollar, brought about Federal

by our inflationary polletes....unle we....halt these inflationary

6, this called for a gold cover of $11,700 mililon, leavnix the frezstiry with only $8.500

Latin America Sets Up Common Market

Panama City, May 19.

BTwenty Latin Americon Gor-

221,

DIEP

31.

83

B%

13.

155'

40

einmonts,

United tho

States, France, Britain and slland have approved

Latin American Com- on Market.

Unanimous endorsenient of

As the eminent markets/project came in a resolution by

the

Allied

Invent.

415

... 11.00

Exchange

DOO 1.8

Rates

6.72

Busine was done in the local chofftrial change market this moming of the following metee:-- U.S. dollar (per 1) Sterilng, notes (per il ........ Australian notes (per £D). 12,40 Indonesian rupiah (per 1001

23.40 Slam Uicals (per 100) Singapore (Sirails)

1.0)

Higher Level

London, May 19. The stock market closed irregularly higher to-

day.

Gilt-edged sccurities continued their recent re-

covery with gains ranging to ths.

New York Cotton

Market

un-

New York, May 19. Minor price changes

accompanied an usually quiet trade in cotton futures today. After see-sawing within an extreme range of 55 cents a bale the market closed net seven points higher. Opening prices were two to up.four points. New Orleans closed one point higher.

off

new

Traders generally kept to the sideline, awaiting some insentives, possibly in the crop picture or anywhere else.

Dealers estimated the volume today at below the 18,500 bales for Monday. This reportad

was the second smallest for a fult five-hour

in the session

of the 27-year record

Com- modity exchange administra- tion. The record low was 9,400 hints, reported on Oct.

1058,

Stimulate

While buyers

23,

failed to find anything of a decisive nature

were

Gains outnumbered tosses in The Industrial list. Decca ad- vanesa en Ww-th

Ruska

may buy its aircraft navigation equipment, Electrical motor und cement issues, however, cased.

Gold stocks were higher on quiet trading. Coppers, lead und zinc were firm.

Greek bonda

were firm In

the foreign vection.

Dollar "stocks case. Oils rallied after a sull open- ing--UPI.

Closing Prices

London, May 19.

prices on the

The closing London Stock Exchange:

British Transport co4-7/16

Gilledged Bondi

31970/06-

Consola 2—151-13/10. Consola £75-3/10 L'onversleri

£60-7/15

Funding Loan

Funding Block

£72-7/16.

Dd

Lour 30%. IDCO

1033/6

3. 1999/2X3-

4.

Los);

| 900/90---

Savings 3, 1055/6-201-1)/$0. Bavinge 35% 1909770–£32-3/14. Savings 3. 1005/25-2704

Banks

Barclay's Dank "A" Ltd ard-375 Chartered Bank -47 Hongkong-£50.

Insurance

Union Insurance Cantun-C4%

raft and Molers British Motor Corp. Ord-17 3d.

Ford Motor Co-451.

Dreweries

Dizilers Co--27.

Buliding and Materials „Asociated "Portland Cement—ais Pinchin Johnson ~JD43425.

Associaten Ord

Coal, Bleel and Engineering Babcock & Wileux Ltd--the c Vickers Ltd-33% 10d.

Food A Tobares British American Tob. Co., Ltd inperial

to stimulate new purchases, sellers conversely tarded in fuce of the continued favourable

1. accounts from the Lextile

unde Cloth sales are 4. being restricted by inability to make deliverian while prices

keep inching higher.

The Liverpool market weekly Crop summary said above normal temperatures continued to stimulate -rapid developments of catton in the western portions of the cotton belt. Chopping is general with squaring in pro- press in tho Yuna aren of Arizona, Irrigation of California cotton will be necessary earlier than USUBI. Rains aided the crap in Missouri and Louisiana, bul top-soll

ntoisture for the area in between is short.

The certificated stock today totalled 53,027 bales, up 400

!

Tobacco Co., Ltd.-50e

MiscomboUS British Oxygen Ltd. Ord-611 cor. Canadian Pacifia #ly-521 Dunlop Rubber Co-231 K. Hongkong & China Gas-139. Imperial Chemical--34s. Lynn & Combe Bd.

Unilever Lid-103# 115d.

Paper Bowater Paper Corp Ord-48 kl.

Radio and Electrical Ampelsted Electrical-dia Od, Electrical & Musical-041. English Electric Co-com Generet Electro-3 N.

Shipping Indo-China Steam

a 3d cor. 15.97

policies in Ume, the with- Agreed Merchant Rates drawal of gold would because socolora live," Mr Hazilit wrate Reuter.

Yesterday's Closing

Swiss Francs Maximum Sell-bales from the previous posting ing 7474.

on Monday-UPL

COMMODITY PRICES

FOREIGN ENCHANGE

NEW YORK Closing rates were

England

amchal

Canada

30-day

90-day

New Zealand Argenting

--LONDON-

Closing rates were:

trade comunisstor of the United Nations Legroñtle=Commission New York

matically approved ot the

31

Furstone Tyie_&_Rydbete; *First Nat City Bank

1403

Ford Motor Co. of Cana.

145xd

for Latin America (CEPAL) to-

Ford Motor....

70

day and is expected to

auto-

Georgia Paelle

General Dynamics

551

General Electric

30!

General Fonds

83

CEPAL plenary sesalon Jater this week.

General Motors

023

Gen. Pub. UNL

Gen. Tyre & Hubber Detly

10

z

20

Goodrich (B.

93%

Goodyear Tyre

24015

23w

116

Hammond Organ

Heyden Newport Corp.

lameatake Mining Co.

Imperial CRE

Intercherucal Corp,

alladen Cu ca

Brununan Aircraft Gull Oil

Idee Pawar

Ingersoll-and

Int'l Business Machines

Int'l Karvester International 【čickel International_Paper Int'l Tel & Te!"

THE Ministry of Supply John-Manville Co. THE Ministry of Supply

to India and the Far East. struction of an alt-stoel air- These very no aircraft, we are croft in an attempt to break confident, will fully match the

of. speed the "heat barrier, Verdon exacting standards

and comfort which the Comet 4 Smith, President of the Brie-

is setting on its journeys to tof Aeroplane

many lands.

In an industry

which m

Company which was given_the_con technical changes are so fre- tract, revealed today in his quent and so drastic, it would annual report.

be tempting fate to forecast too No: details iốt, this aircraft fly the exact shape which were given, for security reasons. the airilner of the future willThe "heat barrier" resulta from take,

Theat, produced by

the

But we can confidently pre-friction of thib murfaces

air's

# 30

Kaiser Indulity

Kansa C. Power

Kennecoti Copper Kimberly Clark

Liggett Meyers Tob. Co, By Vllp

Lockheed Aircraft Loews Incorp. .... Lone Star Cement Co.

Lowenstein "Bora,

ebermost 5. Bay

KeDonnell Aircraft

stock : } Hesabi Iron Corp. Minnesota MNA

Mason Developipant

Monsanto Chemical Co. Montgomery. Wand Motorola INE. *****

National Cash ftrg. "A"

National Dairy Prod Fational

sage that, whatever technical plane dying at several times National Biscuit Co. marvels the future may unfold, the speed of sound Steel with- other Ed will play as great a stande heat better thinks

planwering role on the air routes | materials presently ppeid in air- between "Asia" and her neigh-craft vonatruétions, but its high perlelight | Mar, artemnjih gutlo, 180 abdining ourtitionte as iẺ TÊM

been privileged to do In the far has discouraged its use.....

AFP.

part.

National Steel Corp. kaw Turk „Central Horfolk & Wanjara My. Korth Amer, Avfallopi North-wen Altlines (Com Olin MathiMOJA

1

Montreal

Amsterdam Brusela Copertingen Prankfurt Milan Osio Parr

1.03-27/32

2.81-13/32

2.81-13/37 2311 2,99-31/3

.0132

281702011 2.71-1.714

1002-10.021 14025-14050 19.30-2 11.764P-11,77

17404-1740

20.0314-20,04

13.794-13.79

14351-14.50

12.23-72,00 12,10-12.16)

CEPAL Secretary-General, Mir Raul Preblach, of Argentine, Blockholm left immediately after today's Vienna

Zurich ussion.

Chile for Santiago,

Others unchanged.-UF1, where the organisation has its headquarters, to begin concrete planning for the market,

Mr Preblach aid he hopes a 10% group of experts named by the interested governments will be-

475%.

40

(5)

RUBBER

NEW YORK

ein drafting a blueprint of the common market before the February deadline for this Nex rubber futures today resolution. closed 10 to 55 points higher work act by today's

cuter.

with sales of 13 contracts,

CITY LIGHTS

*Theme-beat ats-months in the City Mason. Boft mo cynical atsillusioned .... J”.

London Kapivan Farmtes.......

++

May: 36.35: July: 36.20 Sept: 1978: Nov: 13.35; Jan: 3493; Mar: 24.00, MAY 24.40.

AMSTERDAM

The rubber market was dull today. Prices closed in guilders kilogram, elf June as

Jod

follows:

No. 1 rubber

No. 1 rubber

No. 3 rubber

No.

nepo

No. 2

nabhor per 1. June No. 1 rubber per lb.

June No. 4 rubber per lb.

1106-101

RET-100%

90-90' 101-101

9415-0792 104-100

June

Suat ribber unbaled..

Blanke; crepe

No,

pale crepe

LONDON

The rubber market was quiet with spot quoted at 291⁄2 penca per lb. Prices:

No. 1 Ra pol

***** 291-2960

Satilenient house term

June

Ion at 14 designated spot markets was 34.63 cents.

and

Nav. Co. def

P&O Bicam Navigation del ord

te

Stores

Great Universal Stores "A" 30 4d.

Marth F. P. & Combs.

Spencer Lic.

Texilies Coats J&P Ltd- 3d. Courtauldi Lid-30s 34.

Mixes

Anglo-American Africa--162# DÍ.

Согр of Bouth

Cons Doldfelds of South Africa-

Con, Eine Corp. Ord-07 d.

De Beers def-137 €4.

Free Sials Development & Invest- ment-ils.

Bon con. Tăng 20. Felding Tinedo,

Rande

Southern Rinia Cons 218-

Union Corp-80 6d.

123 60.

Woat

Driefontein Goldmining-

and Con 75k.

"ou

British Borneo Petroleum 9yndi-

Total sales were 12,356 bales, ca 3 ---UPI.

SUGAR

NEW YORK

World No. 4 sugar futures -

•--•••••••-... 204-291 closed today two lover to ong, „Tilly/Sasıtmayang = 29 15-

Det/De

*291-29-2 "point-higher with "sales "61~208

29-20% ocntracts, General market, cif hazla. poris:

Jan Mar.

Estate rrope thin

June

Estate Crepe thick

June

31%

31

COTTON

NEW YORK

Closing prices were

Domestle No. 6-sugar futures closed one to two points lower. with sales of 110 contracta.

Contract No. 4 (work)

July: 291: Sept: 2.93; Del: 2.38; Jan:- 3.17: Mari, 107; May: 5.08; July: 3.10; Bept: 2.11: Spot (cenis per 1. fob Cuba): 252.

Opetalsex 8,5 contracia.

Contract No. 4 (domexilo) July: 8.81: Bepl: 3.04; Novi

0.46: Mor: 500: Spot-icenta per b. NY ex-duty): 8.00.

Open lerest: 4,200 contracts

Oct:

LPL

Spot: 20.230) July: 3470;

Dee: $230; Mary Way Mng? 35.17 July: 32.76; Oct: 313.

NEW ORLEANS

·Cinsing prices were: Spot: 34.00 July: 34.57; 21: 32.73; Dec: 32.08; Mar: 32.00; May: 33.17 July: 32.7: Oct: 31.32.

LIVERPOOL

METALS

Britial Petroleum "Bunnah-823 13.

Co., Ltd-503

Royal Dutch Petroleum-£10=1/18. Shell Transpart & Trading-1358. -Reuter.

Chicago Grain

Market

Chicago, May 19. Most grains wore fower to

day in a quiet market on the board of trade.

New crop wheat prices were weaker on selling by local tradera. Exporters were T ported moderate buyers of July. May started the session with a Arm tone on active short cover- ing, but the prices eased later.

More moisture was reportedl in the southwest and scattered showers in the northwest. Yugoslavia

was said to have bought 935,000 bushels for June shipment.

Soybean offerings were more liberal. A cush Interest sold May and bought July, Com- mission houses and a processor sold July.

חות

Wheat No. 2, red

NEW YORK

'Enot

May 2007

Colton future closings were:

American Contract

Closing prices were:

July

108

Sept.

Lead

May

11.000

Doc.

July

11.73

Mar,

100 1937-194 198

May/June

Zind

May

10.300

Corn, No. 2, yellow

July

10.00b

#put

722-13276

July/Aug,

22.74

Uel/Nev..

Copper May

32.38-Jab

Alay

July

Jul-

Dec/Jani. MedApril May/June

21.30

Tin

May

101.374

Bept

July

100.8731

Mar.

Mixed Contract

LONDON

Ryo

May

May/Jum

Closing prices were:

July

July/Aug

Oct/Nov.

Buyers Sellers

May

Dec/Jan.

Tit

July

Mar Apel

Spot

984

7241

Borkenna, No. 2, yellow

May/June

3-month

70415

184

Spot

235 nom

Copper

Lay

22011

Bao PAULO

Προς

2371

July 33714

229-

2-month

238%

Sebt.

"Afternoon (posaldry whe quiet 'but 'aloidy with Interest in lower Vrades,

Closing prices were:

Lead Ind half

July

57,DO

May

VESL

Nov. Jan

21343-35

Oc

ANE.

Harley.

Dec.

Zine 2nd half.

May

P

No. 1 rubber par 15.

June July

10112-302 2013-30

Spoi 701% New York flour 349 200 lb. seçk -UPL

120-125

813.10

UPI.

SINGAPORE Y

247 nom. US.nom. R32 nom, 5.07 'nom.

The market 'opened slightly higher on botter Now York advices' and 'steadled further on strong demand.

58.50

30.40

United In the

States, the

Auf average.. price of ono-luch co!= }

مان