1959-09-11 — Page 9

China Mail 德臣西報 中國郵報 All

1

Page

THE CHINA MAIL FRIDAY, SEPTEMBER 11, 1959.

WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE

MARKET REMAINS STEADY

Little Change In Prices With More Enquiries

HIK Bank

Lombard

Union Wheelock

Aur. 20 DC5

* The

Share Market At A Glance ✯

Up or

Aug. 13

070

Aur. 27

945

40b

4039b

40140

Sept. 3 555

40b

Sept, 10

940

Down

Dividend & Bonus

Yield (%)

-$15

$48

J.2

400

#teady

$2

4.7

8854

8034

80

79445

steady

53.40

4.5

6.35

4.30

0.35

6.45

6,45

steady

*3c

11.7

HK Wharf

101

103b

1041

·

105,

103

steady

58

7.2%

HK Docks

4321

4414

44%

痛持ちな

439;

4-250

11

Taikoo Docks

321⁄4

13

3231

3244

324

+250

52.80

7.9

Provident

13

13.30

19.30b

13.20.

13.206

steady

$1,10

HK Hotels

28.34

28.00

2814

28.40

28.43

steady

$2.50

8.2

HK lands

3032

3614

3034

3034

354bxd

steady

$2.40

1.5

11K Realty

134xd

1.675xd

1.525b

1.025

1.525

leady

160

3.3

BK Trams

29.10

29.00

29

29xd

204x0

+50c

32

137

133bxd

1358

Jan

135

steady

5.8

114

114

112

E14

115

+BI

6.2

18.30

18,20

17.70

18.20

18.30

-100

$1.10

0.2

28.10

20.10

29.10

2914

24x-ait

+75c

$1.50

26.60

28.50

28.20

28.60

28.00

++-300

$1.75

G

G. I. Cement

3+

84%

34

34

34

steady

$2.26

7.4

closed

Dairy Farm

17.40

17.60

17.60

17.40

17.70

++-300

$1.625

8.3

18.10

18.00

18.60

16.70

18.80M

siendly

31

5.5

Lane, Crawford Int'l Investment Allied

10.2Dxd

6.00

4.70

21.30xd

G.TO 4.925

20.00K

20.30

21.10

+-800

$2

03

091

0.80%

Bleady

0.8

4.00%

4.90

4.70%

--200

25c

G

HK & FE Inv Textile Corp

11.70

11.20bxd

6.10

G

11.90x1

6,20

11.70

11.006

+20€

D00

6.30

0.55

+25c

650

.10

10.30

1014

10%

10.70b

+200

J0c

0.3

The local share market has maintained

much the

same pattern with no spectacular feature to speak of.

HONGKONG STOCK EXCHANGE

Business dine at the long kon! Stock Exchange this woraing mounted to approxi- mately $780,000, Nima quata- tous and the morning's tran- #uctions:

barry Buyers Heliers Nates BANKS

BK 35unk . POPUL

neted

The market

bullish earlier in the week, eased off slightly and then frmed at the close on more general enquiries.

Hongkong Electries with buyers at $24 ex-all which is equivalent in about $30 cum- Tall-making it a recent high,

Vuilles on the whole con- tinued to Improve while the and Textile Rubber

Rections which ensed off slightly mid- work, Armed up at the close.

Hanks and Unions were huglected earlier In the week but later found support at lower levels.

Fair Demand

On Tuesday there was a fair demand for

Wheelocks and

Star Ferry

Yaumatis

Ch Light

Electrics

HK Telephone

A. S. Watson

Nanyang

10.15

30

New York Continues Dull

New York, Sept. 10.

Docks, Lands Stocks doclined again today, this time on

Cemonts

lightly Improved prices,

Crawfords

In Stores, Lane, 940

10

11.45

30)

0.40

..

Th

THE

200 1

W

INSURANCES Union

1mbar SHUPING Waterboot Wherlock BOCKS, Etc.

102

452.

23

10

K. Whirl D.....

be

100 di

Provident

13.20 13:

Thxx

50

32

1000 v

1

LAND ETC.

Hotel 20.40 281,

BK Land.

Humphreys 1 17.26

Realty

BUUR Amag.

45

20.40

180 pr

17.14

17

145200

123

+

1:06

Trust;

420

A.

S Keatin

2.70

1

2 pu

Sunsational

UTILITIES

Troya

jam 15,000 y 1.376

XD 29.40 0.70

a Watsons were fairly well supported.

Towards the close prices were generally well maintained with very few changes,

U.S. BANK RATE UP

Washington,

Sept. 10, The Federal Reserve

Board today authorised seven Federal Reserve banks to increase their interest charges on Ipans to

commercial banks from 31⁄2 to four per cent. The now rate is u 29-year high- UPI.

sharply reduced volume.

Tracers kept to the sidelines and the small` demand found pricom slipping steadily.

Atbericon Metal

Am. muro! Gas American Smelting

Wall Street ascribed the drop-Am Sugar Ref

to money worries with the em

attributed phasis on statements

curbs, ០

to Government offlelale that fiscal crisis is in prospect and that tight budget higher rate for bond are to be sought possibly at special desalon of Congress

Losses spreadi over a broad

Gelty Oil Cdden Co.

Goodrica (B. r.) Co.

Condgearreraft Grumman

Gulf of

Hammond Great

Heyden Newport Corp.

Jjentake Mining Co.

tagerull-Rand

24

30

Janha Power

411

Impertal O

29

American Tel & Tel American Te

Inand Steel Co.

Interchemical Corp.

Aruconda Copper

M

In Hucine Machiner

International Nickel

Armeo Sleel

ATBIOLF

A Cons. Mining Bakrwin-Lhna-are. Baillmore & Ohio

enetictal Finance

Borden (The) Co.

| Britkih "Amer.

Bel. Chemicals fell sharply, and other key issues produced some

Procter & seft spots, notably

British Columbla Pwr. Grumble, Intimational Paper, Cana, lik of Cuta. Coming Glass and Caterpillar Canadian Pacie R. Tractor

Cat. Tractar

Colgate-Painolive Co Clucts Peabody

Lote in the day Du Pont was

points and off more than four Allled Chemical nearly the same. Car issues softened. Near clos- | Columbian Carton Co.

Commercial Credi ing a block of 10,000 Atlantic &

Consolidated Edipon Pacific

Continental Oil of Dei.

was

suld at 31

Radio Corporation ndie Corp. Pref.

Raytheon

Reptile Steel

Reynolds Metal

Royal Bank of Canada

Sears, Roebuck & Co.

Shell Oil Co

40% Safeway Stores

| Saint Reg. Paper

Shenley los.

8505 | Scott Paper

Sinclair

477 | South, Chine & French

405: Sey Mob!! Oil

632.

70

434

77)

1022

473

27

427%

47%

45

421%

Solar Airenti

17

Soul: Puerto Rico Sugar

Southern National Gas

381

Southern Railway (Com.)

DIA

Stdant Brands

~757%

Standard oil of Cal. Stancad C of Ind. Standard Oth of N.J

45

a

In Harvester 70

Internation Paper

Int'l Tel & Tel Johns Manville Co.

Kenneeuil Copper

Kinterly Clark

& Light

Ligged Myers Tob. Co,

00%

Steel Co. of Conda Sterp Rock

Nalivnad Camlı Rey.

National Lead

Page 9 |

East Germany Buying British Steel

London, Sept. 10. East Germany is following Russia's lead in buying steel in the West. It is reliably reported from East Berlin that the East German Steel and Metal Trade Company is negotiating with the British steel industry on the purchase of rolled steel worth 25,000,000 East German marks - approximately £2 million.

LONDON

STILL FIRM

For same time East Germany has been finding a dimcult to buy all the sleet she needs from West Germany-her trad(ikumal supplier.

The East German Foreign Trade Minister, Herr Rou, sald Sin Leipzig recently that the Berlin crisis has upse1 trade between the two countries,

"The West Germans are im- restrictionA mony posing too and are falling to honour their commitments

de- In #icel liveries", he added.

Difficulty

London, Sept. 10. The lone was a little moroj cautious in stock markets| today, but the undertone remained very firm and there was still good select- technicions have

ive buying going on. Investment buying of

Until now, the dimculty has bcon that East German preferred to deni with West German firms. Most of them shared the same

gilledged expanded and fresh e training in the days of a united Germany. They Bro therefore used West German apecifications and standarda.

gains of 3/10 were recorded.

In the industrial section steelu came in for profi taking and were generally lower but pointed out that If West Europe,

and especially

East German sources have

finally above the worst.

Today's Daily Express pollespture an increasing care of Britain, la to found that the gap between the East German steel markel, Tories and Labour is sill 7 then on

extensive advertising

per cent, This helped to it campaign will be necessary,

television Thio and

exceptionally Britain

kire-purchaso shares both clection-prone Industries.

Gold shares encountered selective buying which was mainly from the cape and the market closed firm.

Coppers were quiet and los improved.

Olls

moved narrowly erratically with British 119 | Petroleum 11 lower at 61% 55% 3d on the reduce earnings Rubbers and teas were quiet.

Closing Prices

Gitedged Bonds

Transport 3%. 1978/85 -- 21-431-9/10.

nols R73-1/10.

Conversion Loan 31. $14.

1050/07--

3 1500/2004

10

1

interest

421

Kalter Industry

Bendix Aviation Corp, Benguet Coña. Bethlehem Steel Boeing Airplane,

Kanas C. Power

Ma

12

Lily Tulip

urroughs Add Machirie

30+2

Litton L.

M 112

Storting Drug Co.

37

Tzsckbred. Alterafi

Stokely-Van Cany.

17th

371

Loews Incusp, ....

30

Stone & Webster

Lone Star Cement Co.

Studebaker-Packard Corp.

123

-UPI.

271

Lowostein 2: Sons

In

Sunshine Mining

от

Celanet Corp Chere Mantust Bank Chrysler Motors

17) | McDermott J. Ray

40x

Swift & Co.

37!2

McDonnell Aireendi

302%

Texas Co.

701

03h

Mesabi Iron Corn,

341

Textron Inc.

0145%

Minevenita Mining

13:2

Thiukol Chem.

3014

GOT

4746

Maton Developement

22

Tar Water Qu

Monsanto Chertoal Co.

481!

Time Inc. .....

£3

Montgomery Ward

Tri-Coat. Warrants

27

Motorola Inc.

105

Twentieth Century Fox him

£ 12.

81% National Biscuit "OK.

50

Uman Cartie

130

Funding

Loan

3

Union Oil of Cal.

474

£53-8/15.

522%

National Dalry Pro.

319%

Union Pacie. Stallway

33

Funding Stock

05

United Aircraft

7114

National Steel Corp

03

United Fruit...

Funding

37!

New York Central

Norfolk & Western Ny.

North Amer. Aviation

On Mathieson

Dupont de Nemours

25)

ous Eevators.

to

Eestern Airline

Oxford Paper Co.

Eastman Kodak,

Pacific Gas & Bra

El Pare Natural Gas

Pan American Airways

22

124

Paramount Pictures

44

Waukesha Motors

4315

week were

First Nat. City Bank

Parke Davis Co.

421%

Westinghouse Air Brake

Ferd Motor

Penny J. C. Co.

107

Westinghouse Electric

30 Industrtula

033.30

Gervin Pacifc

4112

Penn Salt Co

20

Western Buku Tel. Ou.

24

194.52

General Dynamics

Pitney lowes

West Vn. Pulp & Paper

ፐሮ

Piceler & Ganule Cu.

14

Winn-Dixie Stures

tution

B1.37 General Foods

Pittsburgh Plate Glass

Woolworth (KW)

US stocks

210.0: Geral Motors

Pay

Publicker Industrien

Zonth adid

Cut, future price vndex..

112.57 15120

Gen. Tyre & Rubber

580

Pure O

39

all

Closing Prices

34

The five most popular stocks were Telephones, Amalgamated Rubbers, Wheelocks, Cements

Yauimalt.. 115

A 10 10

20

200

15.10

400 va

18.10

Electric

23.80 21.00

200 2300

SOD C

24

2000

214G

100

$10

2010

1000,

23.99

100 %

10.70

2000 12

201

31 312

500 ...

100

34

17.70 1700

5203

17 K

20x

17.80

1022 1050

Friday:

3030 00

J

Maceo 10.40 19.70

Telephone 210 2090

INDUSTRIALS Cement STORES, ENT Danny

Waton.

Lane, Fraw.

21 2140

LUTIONS Textiles... C.C

Nanyang .10.0 11.20

MISCELANEOUS

Vikro

INVESTMENTS

Tut..

Allied

il K. & P.

Trist...

13.40 14.30 6.10 0.00 4.20

11.10

500 fe

9,65

1000 10 [4

1039 141.80 50% H 10.90

11100 -

K

100 +

-1500 t

0.80

New York Cotton Market

New York, Sept. 10.

and Textiles.

The turnover

for the

Amolasitudi to approximately $6.200,600.

Market Diary

Monday:

Tuesday:

The market Was bullish with general¦ enquiries sections. Volume of

of a point. Today's volume was 2,520,000 shares.

Of a total 1,288 issues traded. 345 were higher and 669 lower. American Exchange, volume was 880,000 shares."

Bonds volume amounted $6,850,000.

Crown Zellerbach Cuban Amer. Sugar Diamond Alkali Dianina Gard

Dominion Store Douglas Aircraft Dow Camsical

Dow-Jones closing averages Firestone Tyre

40 bonds

business trungaeled Abiti Pwr & Paper

was $1,240,000, There were further Improvements in Utilities while the Rubber and Textile sections ruled firm,

Alden ing. Acy.

Altona Steel Corp. Allled Chemienia Alled Mills Ine Allis Chalmer A. Brake Shoe American Arilne

Am. Cable & Itadio Cary, American Cyanamid Co

Turnover $1,269,000,| Am. de Furgn. Power Ulities continued Am. Gas & Electric

Am tome Prod

th demand with Am. Mach, & Fury. prices in most ser- tions unchanged. Turnover was ap- proximately $1,591,000.

Wednesday: Prices Kenerally

Cotton futures "dragged | Thursday:

through

dull

session today with prices)

another

narrowly mixed.

voint

At the close the list ruled three points lower to n higher after opening the man- hig unchanged to the pointa lower.

Orleans futures Now nished a point higher to three lower.

were

well main- tained during the;

sessiun

US INVESTMENT

half day

QUOTATIONS

with

fcw very

price

changea.

The following

Business transacted

are US. amounted to appro- vestment quotations in Ameri- con dollars. The buyers' pelres ximately 3040,008. The market mul included commission:

Bullock Fun!

Canada Gen Fd

General Electric

67

46 Northwest Allies (Cor.)

Yesterday's Closing

21 | United Gas Corp.

PU.S. Foll “B”

US Gypsen

3.S. Line Co

50

11

U.S. Rubber

73

1.5. Setting

34

US. Steel .......

At U.S. Steel 7 FC, PF

Warner Bros.

1:2

COMMODITY PRICES

SUGAR

NEW YORK

Closing prices all in cents per

COTTON

NEW YORK

Closing prices all in cents per

Spot: 33.00; Oct: 32.43; Dee: 12.27; March: 32.35; Dee: 30.33.

Máy: Ai g

SINGAPORE

10012

Closing prices all in Straits cents per lb. f.o.b. Maloyan Kurts:

No. 1 Sep

Oct, No. 2 Sept

No, 3 Bept.

No. 4 Sept.

NEW ORLEANS Closing prices all in cents per per 16.

113-12

Loan 45%. 1000/

Savings 3%, 1163/6—19076. Bavings 3%. 1960/70-C0 Savings 39, 1905/75-£16.

Hanks

Barclay'a Bank "A" Lid ord--50% Chartered Bank. Hongkong-403.

BOWATER

DIVIDEND

London, Sept 10. Bowater Paper Cor- poration has declared an interim dividend on ordinary stocks, of live

cent, per

less tax, against 47 per cent previously China Mail Special.

Insurance

Ord-17

Union Insurance Canton--ES.

Aircraft and_Motors British Motor Corp

Ford Motor Co-7.

Dreweries

102-1027 $150.

100-1183

1872-1009

104-LOT

1b.:

3b.

Spot rubber, unbaled

11322-129

Contract No. 4 (world)

Blanket erepe

10915-10714

No. 1 pale crepe .....

121-123

Det.

Jan.

3.07

34.39; Dei:

LONDON

March

5.10

Closing prices all in

pence

iri-

May

July

Bept.

Oct.

Spat-(... Cuba)

tained its strength Amated Fund with Utilities again Am Dus, Shay

Heliers

Buyers

Toini Soles: 663 contracts.

7.224

8.30

mately $1,187,000.

In demand. Turn Atom Day Mut Over

was approxi- Axe Hought

47

1.00

Open interest: 8243 contracts.

Contract No. 6 (domestic)

b.

Ckt: Spot: 31.35;

Dec: 32.43; 3241: March 22.01 May: 32.00 July: 37.29; Get: 30.13; Dea 50.52.

Nu. Raspot

3244-3935

Settlement house terra:

Out./Dec.

319-3115

Jan/March

314 315

Apr1/June

2011-2012

AWI

5.34

5.50

Sept.

4.00

LIVERPOOL Closing prices all in pence per

Jily/Sept.

Det/Dec.

304-25

|

General markets, cit. bakla, porta:

1274

4.50

Nov.

3.62

13.03

15.21

Tb.:

March

3.00

14.40

15 50

Canadian F

37.01

19.37

Mny

8.10

American Contract

Canadian Ini Orow

9.50 10.45

Spot-(C. N.Y. ex-duty)

6.00

Oct/Nov,

21,00

Sep1. Oct Nov.

3174-2

311-313

31-3111

Chemical Fu

11.43

1237

Total Sales: 19 contracta

Dec./Jan.

21.00

Eriate crepe:

Comwith Stock

15.02 15.03

Open

Interest: 1,477 contrnels.---

March/Apri

Thin Sept.

3.20

5,40

UPI.

May/June

Thick Sept.

14.41. 18.00

$4.00 20.30

0.00

7,57

1068

11.01

5.18

5.04

11,04

12.00

11.35

12.04

0.17

7.41

2254

24.70

13.30

14.30

14.00

12.14

1435

15.201

0.41

9.10

40,

40,001

lb.:

16.01

10.54

Lead Sept.

10.04

1125

13.04

N.Y. SUGAR

MARKET

Dividend Sh

Dreyfus Fund Faton & Stock Deetronics Inv Found Muh Fund New York, Sept 10:

Main Fu HC-7 World No. 4 sugar futures Instit d

Inti Growin today closed two to 12 points

Instit ITILO lower on sales of 502 contracts. Keystone Cust 1-2

Domestic No. & sugar futures Keystra Can

Mass Growth

The session witnessed a lead- ing spot firm buying October and selling December and the trade lightly purchasing October, De- camber and March, tan!

commision deliveries houses picked up contracts sup- plied by locals and the south. Hedging was minor.

In the dis- Ardated unchanged to n point Baxs iny Tr

lower on a total of 19 trades. Nak Sec Ser Growli The tooling in world futures Sudder St & Cl refincted profit-talding and specu-

Teles Fleet pd Wellington Fa

Value Line Iative liquidation as the after- v. 1 F

It was reported from Washing-math of recent advances. Some

ton that the foreign aids bill underlying steadiness existed in

'gress will include ment

banning

all but the Jorquay 1081 posision

METALS

NEW YORK

Closing pricos, all in cents per

Zine 15.13

now being considered by Co- however, as the trade heard the Canadian Rates

an amend-Cuban Sugar Institute has offer use of foreigned to sell 100,000 tons to France funds to aid textile production both this year and next at a overseas which would compole price under the going market with items manufactured here.

{during today's scusion—UPL

The International cotton ad- visory commitice reported that world cotton carryover stocks have dropped to the lowest level since 1955.

Liverpool futures finished un- changed to 10. English points higher. Today's exports 2,980 bales.

Exchange Rates

W

Oltawa, Sept. 10.

Oct. Sept, Copper Kapt,

Oct

Tin Sept.

Ont.

LONDON

31.33

Closing prices, all in sterling

The Bank of Canada discount rate climbed to 0.03 per cent per long lon. today from last week's 8,00 per- Tin cent.

Spot It returned the rato-a cen-

5-month tral factor in the current "tight Copper

Brincas

done in the local menty" controvany above the unofficial exchange market thisx per cent mark for the thin morning, at the following ratesom.

75 time in its history. The other U.S. dollars (per $1). Storling note (per 1.1) 18.00 two occasions were both Just |

1312 month when the rule renched a Australian notes (per £1) Indonesian rupiah (per 100)

20.10 record 0.41 per cont bezore mab- Biwn ticala (pap 109) ........ Singapore (alimits)

"102 | mding melighfly.---UPL

Buyer Sellers

703

79354

792 TX3

Spot 3-month Lend ist half

Sept Deo. Zino 1st halt

Sept.

23414

7136 5136

DNE

July/Aug.

Oct/Nov

Mixed, Contract

Oct/Nov. Dec/Jan, March/April May/June July/Aug. Det/Dec.

SAO PAULO

All, unquoled.

2220

23.10

283882 88883

(Closing prices all in cruzeiro per kile).

Average price in US. at 14 designated spol markets; not available; Total soles; 20,295 bales.

-UPI.

RUBBER

AMSTERDAM

Closing prices all in guilders per kilogram, c.i.f. Sept.

Unavailable-UTI

TOREIGN EXCHANGE

NEW YORK Closing rates: Coneda

Distillers Co 20a Tijd.

Building and Materials Associated Portland Cement-62, Pinchin Johnson Associates Ord

Coal, Steel and Engineering Babcock & Wilcax Lid-40 44 Vickers Lid-009 751.

Food and Tobacco

Лrat larga order for could be the prelude to a much bigger interest in Western steel.

Fast Germany for instance, Is hoping to build up car exports to West Germany. She is ex- hibiting at this month's Frunk- furt international Motor Show with a car made at the Eisenach factory.

If car exports expanded, then her stoc requirements would naturally show

a sharp rise.---- China Mail Special.

Price Of British Wool Clip Higher

London, Sept. 11.

The British wool ellp for last year the heaviest for 25 years — realised a higher average pirce than the clip of any other country, the Wool Market- ing Board announced here today.

The result was particularly [significant because the British Felip contained none of the fie merino wools produced in the Dominions and the United States, the Board said.

Average prices were: Biftain 39s 7 per pound; Australia Je 9d per pound New Zealarut 30s ld per pound; South Africa 33s and the United States 31 24 per pound.

The Wool Board stated that the priods of certain : British wools, such ne blackface, never fell to the over general levels British American Tob, Co. Ltd which obtained in 1958. That Co., Ltd-574 was largely the to sustaineti Jactivity in the British carpet in- dustry and to a further increase In the export of British flecEE wool.-Reuter,

Imperial Tobacco ed.

Miscellaneous Hoardman Marden Luz-ös 21:4,

Lid. Ons-BLA DI, Britishße Ry

Canadian

Dunlop Rubber Co—24 0. Hongkong & China

-13.

Imperial Chemicals Tijd. Lyons Co-704 4:40.

Unllover Lid-1199.

Paper

Bowater Paper Corp Ord--860 pd.

Hadio and Electritzi

Aclated Electrical-0)» 34, Plootrical & Musical--(35. English Electrio Com

General Electrio-30% Bd.

3d.

shipping Indo-China Bleam Nav. Co. def e--3 DUI.

P&O Gleam Navigation def ord

ALOTE

Great Universal Blores "A"—648

Lid-00# 7146.

Mark W & Co $28 00.

Woolworth

Textiles

Coate & P Ltd 20 $150, Courtsule Lidensor Fişd

Mipes

Anglo-Amarisan

Attion-197 0.

Cerp of South Cons Goldfields of South Africa- The Tid.

kl.

Con. Lina Corp, Ord-83 Do Bears desmitán 4550. Tree Blais Development & ment-lia.

1.68

England offefat

2,0723

30-days

0-days

2.2003

New Zealand Buth Africa

2.0005

02:005%

1450 2715

Unton Corp-TERS,

West Driffontein

208 DJ cor..

Belgium Denimark Switzerland

2.00-2/16-3.80-5/18

LONDON NEW YORK

Closing rates; Rex rubber futures closing New York prices, ali in cents per lb.:

Sept. Nov. Jam

Morch

Moy

July Sept.

30.03 37.05

3.30 30.19

Montreal Amsterdam Bruseis Copenhagen

Frankfurt

Milan

Zurich

207-1/18-247-3/1 20.00-10.00% 140.33%1⁄2-140.17%, 10.3333-19.04 11.1916-11.73%

17:30–1728}$

12 11-12.196

UPL

Jongkong Tin-de 1540. Polling Tis-09 30. Rand-03 DO

uthern Kints

Chicago Grain

Market

Chicago, Sopt, 10. Oats Ingred, but other grains avere mostly higher today. on [the Board of Trade,

Trade in all graina was slow, as most traders preferred to swalt

government estimate to be released

today.

Crop later

In wheat, amali short cover-

ing trucknettons and scottered buying armed prices. Local an early factor. Invest-buying was

Country offerings were email, and the 'casa market was firm.

Cone Lid-200.

Goldminleg—

Wast Itand Cons-22 ed.

Triti

Soybeans were strong: Barly buying and short covering found Tight offerings. Lards were also {wold for January. Qlls were jstendy and mexis higher. Lands above the provious

cale Borneo, Petroleum Byndi- were also

British troleum Co., Ltd-551 |close,

Burma-404.

Hayal Dutch Petroleum—10%.

Thxport circles, reported that

Shell Transport & Tradingos. Trance and Japars

-Hauter.

bought car-

goes of soybean -UPL

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