1959-09-22 — Page 9

China Mail 德臣西報中國郵報 All

Series Prev Next Source

Page

THE CHINA MAIL,

22, TUESDAY, SEPTEMBER

1959.

MONETARY RESTRICTIONS

Is Dearer U.S.

London

Money Affecting

Little

Easier British Economy?

London, Sept. 21.

Small declines in a variety |

of Industrial issues d

trading was mostly dull. Declines reflreied results of new ubila opinien poll show- Ing a reduction in the ulcution! lead of the Conservatives and I alu the continued fall in prices! o Wall Street,

London, Sept. 21.

HONGKONG

STOCK EXCHANGE

Our Own Correspondent,

Business done on the Hong-

$1,000,000, Noon quotations

an easing effect on the As the Bank of England and the rest stock market today bul of us have lately been given a guide kong Slock Exchange this morn book on monetary policy, the Banking amounted to approximately and the rest of us might look up and the morning's transactions: the Radcliffe Report's guidance on the question of the impact of dearer Bark.

rates U.S. money on London money and Bank rate and all that.

Sommers,

دیگر نرم

With the exception of kuding tefimeros, blue chips were ait | lightly Strel shures were i

in pots, high- down sharply lighted by a drap

www Its burning desire is to get tire world econo:ny-why it Binepence in John

regard renewed Cotton textiles and away from the situation, in werd not

restrictions sterling defe with the U.S: no which monetary ally were dull and property have been. acqu

the akin to deftelts with other single share mostly tower,

authorities lay the external countries. Git-edged

were situation, whether or not the qdet and virtually unchanged domestle luution needed cor- white gold shmes Thowed smalleretive action at the time or but widespread losses, Bank through the mow-ures selected"

•$! 1 and Insurance shares strady.

Dollara stocks receded but unchanged

WIN!

securities

Closing Prices

Cifledged inde

21672831263 2

Cab 4 072

יין ;! -

else

Shpres

TANKS

(This divergence from the Talkou .... current fashion of decrying the

be because BuehLAND, ETC. dodlar may Pasklons lend to be fleeting, or Committer because the worked far more than two years,

dollar's while the

status was being transformed, and one flocs not know just when any paril- cular one of its 080 paragraphs was penned.)

Buyers Hellera

other

RUBBEN enable

3.45 Amald....

Its strong recommendation for the enlarging the reserves, if heres

at sacrifice of Fobjetives, is as to

the country to ride out external fluctuations til sprelles move-

as unts of short-term capital 1578/99 - well as the balance of payments) without the authorities, having

Impce needlessly 1969-- ; restrahito on domestle" activity.

1959-

19/2004-

1961-

26.

Funding Funding Stock 3

4 ..

1.01

ISLAN

Savings

3., 1956/02

AM).

SAY GEO

541

2010. 233% 3. 1995/75

Hanks tarer Butik "A" 1 m My

Charterest Bank 91, Mergong 1

45+

2012

Tokarsnice

€14

Aircraft and MUSAJA the tmp. Ord Fad Motor C-10 feb.

Breweries 1stiller - 26% 44,

17..

fing and Materials

C'est L Artaled Portland Pin John on Arelate Oud 211

Cal. Nterl and Engineering #vat'],

We L

11.30 28 3

Food and Tohacen

Bosh Articns Tabs, ca., ON!-- 57 KL.

Imperial Totera Co. La 46,19

MiscellanenLEM

Brit Marden La-2% 4/pl. irilir Oxygen til. Ord. Campban Poeng 10% -3477 Bunga Rabber on 230 24. Honka & una ass.

Filtve 10 -13%

Breward

Dat

זיכלין

Papri

Corp

Ord - 55

Hade and retrical Assault Electrical -75. Eleriscal & Minteed 51% 14. Paul Klectric Co-Ely n General Electie 4s 3el.

Shung

t-China Strain Hay. Co

def

on 3 34.

-32 14

stores

Great Universal Storen "A" Kid.

Influenced

Revere

On the particular queature of Hank rate, while it is possible thal Bank rate has

stronger pychological effect abroad than thune, we take the view that this effet: wall only persist in

the quarter if Bank rute elfertively

influenced domestic. demand or if it were taken to Peld other measures in which

esel power

The

which

<f inst

be seen to possess

U.S. Outlays

B39

Males

Another Sharp

Decline On Wall Street

New York, Sept. 21.

The stock market lost another $4,500,000,000 in

valuations today on increased volume.

This brought the total decline, Cominercial Credit in stock valuca in the past six Centimetal Ou of Det.

Cuneolidated Edi sessions to nearly 12 billion Crane Co. dollars. The market was down! Crown Zellerbeyi

in five of the six days.

Cudas Amer. Sumar

Diamond Alkell

Diamond GarG

Dominion Blores

Dougins Alterart

It was the sharpest decline since September 8, and, ironical- Ely, generally was brought about

by the same factors the pro- Dow Chemicals.... Dupont de Neinours longed steel strike and tight Eastern Antie These two factors have, Esvunan Kodak

money. been keeping the market under Pa Natural Gas

Family Finance Corp. pressure, steady

and many Firestone Tyre & liber tradors believe there will

to be a jet-up in both situations Ford Motor Co. of Cana. before the market

HEAVY LOSERS

August 10 whenly bir

304,100,000 shares changed hands, doodeth B. F) 6. to 3.476 Electronics issuca

decline. most other sections

had some heavy losers.

today's

Giant Floating

Motels Will

Threaten 'Queens

Two 00,000-ton "floating motels"in three years may steal most of the trans-Atlantic trade of Bri- tain's Queen Mary and Queen Elizabeth.

Now York hotelier H. Contor said o German chip- ambuilding company had contract-

7014

240

34%

120

ed to build the two big ships.

173

70%

bein tentollvely

Protecting

Ife said the two ships had

41% and Goodwill.

D00

INSURANCEA Union Lombar

401 SHIPPING Waterbont 24.00 Whirlock

4.co 45

DOCKS, C. K. Whert.

101 103 Dock .....

4711 ·500 Provident 13.40 13.00 1000 A

0400 61

653

2200

13.40

1140

300

134% 33

hava

First Nat. Cuy Bank

20.10 HK Hotel 1K and 3075 3824 Hennphreys 17.20 Heally

will regain

Ford Motor

1:00 1 1000 24

301,

new sɩpori,

Georgia Pacific

な

General Dynamics

17.10

General Electric

1.00 10,000 1 1.370

1.37A

Gast Foods

5000 1.576

Trading

increased

General Motors

Use

Gen. Pub. {fill

1300 or 3.475 10000

2.470 2100 10000

decline to 3,200,000 shares, the

Get Tyre & Rubber

B01L 184

tnost since

Gidden do.

took the

oxyear Tyre

12012

Trust A. Tuwah Sungla

4.20 4.30

Grunnen Adresatt

4.03

7.00

brunt of although

Gior Ol

1047

Hammond Organ

Heycen Newport Corp.

1742

UTEJTIES

3014 3047

500

70 14

331

New 1950 lows were made by 30.15279 of the 1,242 issues traded

Honeslake Mining Cu.

Husmine Refrig.

1045

Kai Power

4314

gerpoll-Rand

431

500

Inland Steel Co.

119

120

100

Merchemical Corp.

204 64

310

Inkl Dualness Machines

1.10 18.20

1300

10.10

fati Ilirventer

431

24 24.00

2700 fr

International Nickel

03-4

300

Internationat _Paper

1600

24.10

X-

Macro K Telephone

INDUSTRIALS

*10.00 10.10

29.83 24.00 100

100

2090 v

20.00

30 35%

36.50

300

35.75

100 4

Sun 3.36

2000 1

93.23

0033.75

STORES, ETC.

Dairy

Watson... 18 1440 be should not be Craw. 2320" 21.05

Kwon

A. H....

13.00

100 10.6u

1000

18.00

Abtibl Pwt. & Paper

200 or

18.

<0.0

142

16 *

142

029

7500

Uret

QL 11.79

11.0

5800 e 100

4.00

uurm

Yaumoti

C. Light. Electric

"A reduction of U.S. military

and economic ald, outlays

in change

U.S. external Trans.... economic policy due to about the decline in the ratio of US gold reserves to its dollar Babies, or a violent swing in the US. domestic position could revive the dollar problem, anti nгco the effect on the sterling nserved would be liable to be While GOVORU, Particularly

use dangers are real, the perlener of the past few years does not suggest that they are Cement th most important slangers

United confroming the

King-

dom veniony." So the trefel away from dollar discruntnation can be expected to continue.

Britain

sichol restraint eventually this power."

Is So far, the prescription clear emanh-to chow a rise

A i desuction might in Bank rate, as

remili of that cher New York money rates | trigger-kappy on a higher Beak

fector, rate or uny external my other

avoidable

COTTONS aituntion action that might embarrass the unless the domestic

Textika eds a higher Bank rate at that dollar. She and other countries Nanyang particular time, and unless the have manfully refrained in

INVESTMENTS rent months. authorities me prepared

Int. XD 0.10 follow it up with other internal

Allied... rustraints,

A his

from 11

distance general elcelipa, few guides to probable official action coild be rebearer.

other

Effect On Trade

re-

That they are likely to go on doing so is not because the

It Americans,

embarrassed, might turn nasty on trudle and jald:

very there are

strong conclu- This same practical

Ex- grounds for mupposing that, ποτε expressed Laion, fough

copt In the very short run, ambiguously, emerges also uniberalism would rula rather the Report's discussion of what than help the dollar.

describus

"the

International community."

Dollar Problem

inter-

U.S.

national obligations and cơn- It is because of the interest of mitments which Britnin 'secepts | the International community --- from

self-interest 09 much as that any disaster to the dollar P& Steam Navigation def and from thity as a member of the would be a world disutler from which only Moscow, if indeed even Moscow, would stand to harvest anything but ruin. It

market ditedged While the Report, so far from which is probably the key to thinking

that the dollar ha. the dollur) be not regarded

there are become weak, aloes not rule out past praying for. South that it may again become too wore things that men of good- strong, it fokis that the dollar will might pay for.-China Mall problém "is likely to be mere Spreid," intermittent and less intractable than is sernetimes supposed.”

Spencer Lids Du.

FW Londis M.

Texilies Cunts 3. Courtnuids Lid-41.

Mines Anglo-American Corp of Aliva-2001-

Con Guldfields of Soufl

-827.

Africa

Con Zine, Cop. Ord-4T BU. De Brent d79.

Free Stage Development & Invert.

in $1

Petaling

Red-031 Del

Southern Kinin d

.td- RS.

for

Yet

se "grounds warmness" in treating even the present absence of hamediate anxiety about dollar scarcity ns dornal Unlike

the many jauthorities (apparently inclic- ing the International Monetary Fund) who regged the doller is

its unique } having lust

Kinwa how that it has become one con- | vertible currency among many, Verulegin the Rudcliffe Committee gives

Union Cap-704 West Driefontein Goldenining--- 1712 31.

West Rand Co

- 22 2

Syndi. Ca., Ltd-

Bitish Borneo Petroleum entem40s kije

BOT

tish Petroleum

Burmalı-444 240. Doval

£14-31/33

Dutch

| smaży TRUSOT-Among

Shelf Transport & Trading-1634. that the U.S. is about hoit

-Heuter,

Capital

them.

the

British

In Common Market Countries

London, Sept. 21.

British companies are moving capital into common market countries to meet a growing threat to their exports, the Times said in a special article today.

10.

*.n

The newspaper pointed to the malor and spare parts dustry

as the venue for inment "head-on sales clash" between British and Continental manufacturers,

The article.said British ne-

among companies which have already made tanding or manu- fncluring agreements with con- Brental firma to maintain and build up

export their notor markets in the "Little Six."

melding companies

Ollwr

tion so tar centred on the pur- similar arrangements deal in and chace of existing

radio packaging, Industries repor

rather than the setting up of electrical equipment, planties

and toys, the Timca suld.

new factories,

"But there is no doubt that the betting up of wholly owned European subsidiarica with new plants is being seriously con- sidered in Landon," the article

said.

LISTED GROUP

It listed the Rootes group, Layland Motorn, British Motor Carg

and Standard Motors

Пе

Yesterday's Closing

ant מט

30.7% today, while four stocks hit new

up high.

American Motors proved one

of the txerplions to the down- wart trend with LL Kain of B point.

Todny's 1,242

Int'l Tel & Tel

Manville Co.

shares truded, Kaiser Industry

150 were higher and 935 lower.

Volume was 3,240,000 shares. Amerivan Exchange volume was 1,090,000 shares,

Bonds volume $1,500,000.

Closing Prices

Alden Sae. Acy,

Alfred Chemicala

Aled MIKS luc.

Ali Chaliza Am

Brake Shoe Americes All American Cable &

......

Kansas C. Power & Light Kennecott Cupper

Kimberly Chaik

gett & Myers Tob. Co.

Lockheed Aircraft

Loews Incorp.

Lostein Bers.

McDermott J. Hay

named Pre Stabiliser Fins

Fures will be from only 50 \' SIX months' trial on two dollars (abt. £22), plus food.

Aof the four stabilising Tourist (third-clars) passage fins of the Queen Elizabeth on the Queen ships and other has proved the value of o popular liners on the run cost

protective finish produced four times as much.

90.000 by a London paint firm.

The "ooting motela tons comparca with the Queen Elizabeth'e 83,000.

And their

crtising of 34 knols should autspeed any commercial ship aflost. Crossing from New York to Zeebrugge, Belgium, made in four days.

For sine Ume, the Cunard

has ex- Stromstaly Company

speed parimented with various types of Anish in an attempt in overcomi? severe cavitation on the Queen The Elith's stabiliser dns. problem han toon aggravated by the high Fucod of the ship rausing a high degree of turinu- lance round the fs which la turn sets typ an excetrulytic jartion producing deep cavities.

be will

The first of the ships should bo built in 1902 and the second a year later.

02 CERMAN BACKING

Lily Tulip

Lition Ind.

umourted

Lone Star Cement Co.

30%

354Mbl Tren Corn

100

Manemia Mlaing

Mission Development Munto Cheinical Co

Moldgomery Ward

Radio

Ameriong Cyangmk Co. Amer. & Forgn. Power

Ans. Ges & Flectite

Am. Kome Prod

Am. Mach. & "dey.

American Metal

Am. Natural Gas Ainorican Binsiting Am Sugar Rot.

Exchange Rates & Tel

10 Business with Jane

De Luesi Unofficial

market exchange morning at the following rates:-

American Tob.

Armeo Steel

McDonnell Aircraft

Motorola Jne.

National Czah Bus. "A"

@la | National Dalty Prod.

National Lead

поль

Last December, the port for- ward and 'storboard alter ans were treated with a ptelally compounded cement-like coating which dries to a very hard sur- face with good adhesion corrosion resistance. INSPECTED

Cantor

said that the West German Government had agreed lu guarantee 70 per cent of the total cost of construction of the 100 estimated two ships-on million dollars,

A syndicale headed by Cantor has already raised more than 30 million dollare for the project.

s with the balance of the com- 105% mitment forthcoming from U.S.

901 banks.

National Meel Corp

New York Central

169%

Noranda Mine Ltd.

442%

844 Norfolk & Western Ity.

P01

North. Amer. Aviation

23%

Northwest "Alrilnes (Com.)

Olin Mathies:

Oth Elevator_ ....

7316

752 Owen-linets Gas

Oxford Paper Co.

and

When the Queen Elizabeth Wnt into dry dock in July, the ins were Inspected by Cunard am, the ship's engineers, and the paint firm's representatives. It was found that the two fins which had been treated had

the

The ships will not be pro-suffered a comparatively minor pelled by nuclear power, but degree of pitting over about a

of their surfaces, in most other respects their third

remainder bulng completely un- will represent operation revolution In

trans- affected by the severity of six

muatha' service condilion. portalian.

While it cannot be claimed that the compound was ono hun-

The reason

TILASS

for this is that The designer, Vladimir Your-

19kevitch, who designed Nor-dred per cent successful, it has

mandic, followed the idens of hoteller Cantor,

Anacrnus Copper

7216

Pacific Gas & Elec.

the

Anamur

2714

Pan Americia Airways

Paramount Pictures

Allas Coru. Kuning

Baldwin-LJA=}}@m

Parko Davis Co.

403%

131

U.S. dullers (ptr #1

8.73

Beltture & Ohio

4116

Penny J. C. Co

Sterling noter (per Ci

15 pi

Bank of Montreal

Pann. Bait Co.

13.755

Australian noles (per 21)

1234

Benellctal Financo

Philip Morris

Pluney Bowes

Indonesian rupiah (per 100) Slam Heria (der 1001 Singapore 15troite)

5.00

Dendix Avletion Corp.

25 00

Benguet Cons

Procter & Conible Co.

81%

141

Bethlehem Steel

55 Publicker Industries

Boeing Airplane

Agreed Merchant

Rates

Canadian Dollars, Maximum Sell 16 7/16: Minimum Buy- ing 10 11/10 T.T.: 10% O.D.

Borden (Tier Co.

Burroughs Add Machine

Brilish Amer, On

British Columbia Pwr. Calif. Packing Corp. Campbell Soup Co. Canadian Pacine R Cuso (J. J. Co. Celanese Corp,

1.T. Financial Corp. Chrysler Moloth Cluett Peabod Colgate-Palmolive Co. Colombian Carton Co.

COMMODITY PRICES

RUBBER

Rox

NEW YORK

rubber futures

closing

prices, all in cents per lb.:

Eept: 39: Nov: 20.10; Jan: $4.00; March: 13.75, May: 3340; July: 13: Sept: 32.70.

BINGAPORE

Unavailable.

LONDON

BAO PAULO

(Closing prices all in cruzeiro par kilo),

All unavailable.

Average price in U.B. at 14 de signated spot marktela: 33.77 cents.

Total Baton: 41.027 balce.

LIVERPOOL

Cleang prices 31 in pence per lb.:

SUGAR

NEW YORK

Pittburgh Plate Glues

30 Pure Ol

75% Radio Corporation

2016 Flack Corp. Pret,

3346 | Raytheon

35% Repubila Steel

Back

Reynolds Metal

Noral Bank of Canada

20% Sears, Roebuck & Co.

Shell Oil Co.

so far proved to be the most effective method of retarding crosion and cavitation in the Very Levere conditions to which In Cantor's conception,, ocean liner is basically a hotel it was subjected. The result is 38 with propellers, not a ship with that Cunard has speciňod a fur-

ther application on the beds,

Jims.

with drunken convention-goers. Battery Scooter-

$36,000 PASSENGERS

25%

771

He will propel his watertight hotels back and forth to Europe, londed in summer with bargcin-

hunting lourists and in winter

Swfeway Stores

Saint Reg. Paper

4843

B416 Scott Paper

701%

454

Sinclair Oi

Smith, Cline & French

Sony Mobil Ol

Bular Aircraf!

South Puerto Rico Sugar

The two floating pubs each will ferry 6,000 passengers at a time.

3311

Southern Hatiway (Com. Standard Brzinde

Standard I of Oal

Standard Oll of Ind.

Standard O of NJ,

Sterling Drug Co.

Stokely-Van Camp.

174

1,500-seat cafeteria 1,000-seat dining room.

and

Stone & Webater

Studebaker-Packard Corp.

1391

Sunshine Mising

439)

| Foitier; Cơ. (1716)

Southern National Cas

Steel Co. of Canada Steep lock

Swift & Co. Texas Co. Textron inac,

Closing prices all in cents per Union Oil of Chi

American Contract

1b.:

23.00

Contract No. 4, (world)

21.55

Oct.

Jan.

March

May

Oct./Hov Dec/Jan March/April May/Juhe July/Aug Oct/Nov.

Closing prices all in pence Docjan, per lb.:

Jenarch July/sept.

Mixed Contract

No. 1 s spot

Settlement house term:

Oct/Nov. MarcApril May/June July/Aug Oct/Nov.

Oct./Dec.

31-311%

3055-30

Apri/Jung

7715-203

Oct/Dec.

Oct. Nov. Esinte crepe thin Ocl. ...

thick Get.... AMSTERDAM

53%

Unavailable,-uri,

General markets, elr. basis, porty; 2016-2014

COTTON

METALS

NEW YORK Closing prices,

per lb.: Lond

Sept

Zine Sept Oct. Copper Sept.

Tin Sept

Oct

LONDON

12.00

21.09

923822 58

July Sept.

Spot-Lau. Cut contracts.

Total Bələ

Open interest; 7,1 contracts.

United Aircraft

United Fruit ..........

واشه

Cantor promises three good moals for about five dollETS day.

7011 Meals will be served in

Four bars and cocktail lounges will add to the conviulalily.

It's all patterned after New 42nd Street, 22 York's bouncy

which la Mr Cantor's home base

For Ocean Bed

two

""SCOOTERING" along

the ocean bed.... that is the latest aqua-sport to bo takon up by soo-loving adventurers in all parts of the 'world.

The "scooter", fowered by an ordinary 12 voll car battery giving one hour's endurance at speed of 21⁄2 m.p.h., is the latest plece of diving and under.. water equipanent lo be

and the site of his biggest productd by a British Arm.. 25%perty, the Dixie Hotel.

Titokol Chem.

Tuto Water Aan. Dil

Tune lac..........................

Tri-Cont. Warrants

Twentieth Century Fox Film Valon Carbide

20%

Union Poelle · Railway

2091

253

031/

291

1001

129| United Gas Comp. The

18. Fell "*"

3.10 1.8. Gypsum

2.11 US. Line Co.

1.42 V.B. Rubber

144 US. Smelting

Contract No. 6 (domestle)

Sept.

NUV.

March

May

5.07

brot-júli, N., ex-duly) **

6.60

"Total Sukomt more

Upon Setorent: 1,426 contract-

FOREIGN

LA CHANGE

NEW YORK

Closing rates;

US, Bloxl

U.S. Steel 7 P.C. PF Wamer BroK............. Waukesha Motors ............. Westinghour Air Braku Westinghouse Efecirle Western Union Tel. Ca. West Va, Pulp & Paper Winn-Dixie Stores Woolworth DC. W

Zenith Radio

Chicago Grain Market

Chicago, Sept. 21

pro

Not only does it add to the

He owns the Dixie und five attraction of aqua-sport but it other well-established pubs in has a variety of commercial and Known industrial applications. his Cantor hotels chal.

as the "Aquamobile" It is a

balanced and easily

The Peace and Goodwill will highly be air-conditioned throughout,milaceuvrablo plece of equip- have three swimming pools, ament, the hull of which is mado cuting Tink, 1wo theatres, a from a thick yellow fibreglass.

The Abreglass propeller

guard concert hall. .

carries the chromium handles by which the

"scooter {

COMPETITION?

ircled. The battery is charged

Hamburg, Scpl. 21. in the usual manner,

largest shipyards. Europe's which has contructed

to build DIVING EQUIPMENT

The complay, founded by

two 00,000-ton superliners for Now York hotel owner Hyman B. Cantor, charged today man with many hours of under- that mother American is trying water experience, also produces, the full range of breathing up- to sical Mr Cantor's chow.

The Doutsche Werkt Shipyards paratu

which make the

and

ZECURE.

置

Tho

日

said in a rare statement that modern-day explerer of the sca roporta American financier Mr bed sufo

diving equipment Edgar Detwiler, had contracted "Bellon" with a Dutch shipyard to build which gives up to 60 minutes of

awimming even larger passenger vessels underwater

depth of 30 feet is □ sell- wero mere "propaganda."

contated urilt combining The statement by Mr William breathing regulator, air cyl- Grains were mostly lower to Schulz, conservative president of der and harness. It uses com day on the Board of Trade on the giant ship building pinut, presed air and functions on the of trading for said desplie reports that Mr open circuit principle which

Datwar was outmatching

ollows the air to be exhaled to un-Cantor In the size of his alilps the water after use and not re- The wheat market was sattled.

barely

Germany's Economics inholed us in a closed circuit steady, Trade was light. There was Ministry and

Hamburg xygen act: The manufacturero "coninuing have concentrated Sept. liquidation with spreaders Shipyards were

producing about the only buyers. There serious work" was mixed commlesion. house] liners. trade in deferred contenis,

Corn, was reported to have to Mr Dowler's announcement United) in the Hague lost weck that he 13.731-11.75% | bought wheat and

1.05 7/32 the last day

all in cents

11.30

1110

11.10

101.76 | GameLKÝ 101.70 England

ofcind

2.0067

30-daya -days Bouth Africa ******

2010

21.3087 14150

Olbers unchanged.

LONDON

Buyer 21

Seller

YES

Closing rates:

Now York

2015-2.00%

NEW ORLEANS

Closing prices all in cents per b

-month Copper #pok

s-month

mid half Sept Load

7021

Monteeni

2004

Teskabelo

-140.52.140.37

19.37 EUR

| 2014 | Prakrust

7114

312

18.194 D.TUS

65" | stockholm

1:144

NEW YORK Closing prices o in cents per lb.:

Bpoi; 2.90: Oct! 32,6; Deo: which, 32. March:

33.03: May:

.. Generally those deals are almed at placing British companies in n poultion to aur mount the tariff wall

Closing prices, all in sterling per long ton.

with the start of the common July: 3.43) Oct: 30.5; De: 29.47. Tas pol

FTC-

market; will introndingly vent. British exports from com- paling on

Lerns with ctual the products of European firms in that esce," the Tlines added,

UPI.

Spot: 31.35; Get: 37.81; Pagi 3.5 | Kino and half Kreps. March; 23.7; May: 33.05; JUNE

52.41: 061: 36.97; Deu: 39.45.

2014, Cupertingeri

0045 | Zurichi

10.30-12.1932

LUPL

Septembar contracts.

and

West

the

on the projected | equipment which is simple and

comfortable, suitable for both

Mr Scholz's statement referred amateur and professional use.

Already... the equipment is

Arab Republle was reported in le plating to build four 120,- being exported to many parts of the market for nour and wheat, 000-ton iiners for a total of 0,000 the world, including Canada -UPT.

1959-09-22 — Page 9

Comments

Private Research Note